Classified Facts on Diversity Secondary Essay Samples Only the Pros Know Exist

Classified Facts on Diversity Secondary Essay Samples Only the Pros Know Exist Please describe your cultural and community service pursuits and why you decided to take part inside them. Along with including what an applications committee is expecting to figure out about you, you also will need to make sure the way by which you write your statement is going to have the best impact on them. By developing the software incrementally, it's cheaper and simpler to make changes in the software as it's being developed. There's no perfect procedure and many organizations have developed their own software practice. The Good, the Bad and Diversity Secondary Essay Samples There's so much to understand in UDL! Whatever diversity is, she's fairly uncertain she would have the ability to contribute to it. Pioneer species ought to be in a position to continue to exist under tough problems. The Bad Secret of Diversity Secondary Essay Samples A diversity statement sample is a helpful bit of document that's utilized to apply to get a position, mostly for schools and universities. Diversity statements are a somewhat new addition to the work application packet. Ecosystems change all of the time some of them faster, and a few of them slower. The Good, the Bad and Diversity Secondary Essay Samples Student aren't the only people who need a lesson in the inclusion of distinct cultures. Due to the growing diversity on the planet, students are being taught inclusion at quite young ages. None of thee students were ready to speak Korean. Globalization also influence the conventional food of a nation, where the neighborhood economy is also affected. Culture needs to be learned. People hailing from various cultures, ethnicity, race, country or religion needs to be deemed as a portion of the 1 society' only. Developing a culture of Equality isn't only the perfect action to do, it's also the intelligent thing. If want to get the essay reader to linger on yours for a small while, then ensure you start strongly and they'll read a little bit more carefully. Your essay will win you an admission if it's in accord with the views of the college about the family. If it's necessary to force an optional essay, it could be advisable to skip it. Writing quality essays is the principal use of our services. Failure to do so may lead to disciplinary action. Potential students from some other countries may want to learn a US college's international enrollment. Therefore, if you're planning to eventually apply to graduate school, take note that you could have to write still another diversity statement! Communication skills are indispensable for todays workforce. Our job is to help you cope with all academic difficulties and get to the highest degree of succeeding. According to Chochezi, when folks feel included, they're more likely to provide proper input. Lots of people hold diverse identities that you might not be capable of seeing just by looking at them. Just having people that are different from each other is insufficient. Real men and women are reading your program, and we would like to do our very best to understand and appreciate the actual individuals applying to Duke. At the close of the day, it's important that we know, and become acquainted with the different sorts of people in our environment. When you learn something about the subject, attempt to consider over some effective techniques, which will be useful in attracting people's attention to the topic. 1 day it could be the very same in the US but as of now there is truly no indication of change coming soon. The examples which are available on the internet are have been provided to provide assistance in guidance to other individuals who would like to compose stories base on experiences in their families. Accepting the diversity gracefully will assist in building a congenial atmosphere. In such circumstances, diversity training is highly advised. The classroom proved to be a complete mess. Inclusive classrooms have learners with a wide selection of abilities.

Essay on Financial Accounting Theory - 1727 Words

QUESTION 1 a. Outline the objective and the principles of a theory that prescribes fair value accounting. Fair value accounting is to measure selected assets at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The objective of fair value accounting is linked with the objective of ‘decision usefulness’ of general purpose financial reporting. That is, to provide relevant information that is representationally faithful for users. IASB’s (and FASB’s) accounting standard on fair value measurement establishes a ‘fair value hierarchy’ in which the highest attainable level of inputs must be used to establish the fair value of an†¦show more content†¦Gearing and interest coverage ratios are frequently used in debt covenant to reduce the risk exposure of the lenders. Gearing is the leverage that measures as the ratio of total liabilities total tangible assets. If the company takes excessive debt or loses tangible assets, its gearing might fall below the requiring ratio; the company is likely to breach the debt covenant. In terms of interest coverage number, the covenant requires that ratio of net profit, with interest and tax added back, to interest expense is at least a minimum number of times. In the case of Sigma Pharmaceutical, the reported loss of $389 million of profit might be the main reason for its breaching of the interest coverage ratio. b. Explain the purpose of the debt covenant from a contracting theory perspective. Is the debt contract an efficient contract? Explain your answer. From a contracting theory perspective, the purpose of the debt covenant is to reduce agency cost of debt. Under Positive accounting theory, borrowers would have divergent behaviours towards lenders, such as excessive dividend payments, claim dilution, asset substitution and underinvestment. Without safeguards, it is assume that lenders would ‘price protect’, that is requiring higher cost of interest toShow MoreRelatedHistorical Development Of Financial Accounting Theory1422 Words   |  6 Pagesthe financial reporting statements of the business. The requirement of disclosures exists to communicate important and valid information to the investors concerning the values arrived at on the financial statements. Throughout this research, each inventory valuation method will be examined and discussed in regards to financial accounting theory, Conceptual Framework, Generally Accepted Accounting Principles, and International Financial Reporting Standards. Historical Development of Financial AccountingRead MoreHistorical Development Of Financial Accounting Theory1526 Words   |  7 Pagesfair value accounting concept, an understanding of the foundation of accounting is where it is today is needed. This information provides a guideline of how the first conceptual ideas of accounting first began and changed overtime to accommodate the ever increasing changes with investment options along with lobbying efforts of individuals. The FASB’s Statement of Financial Accounting Concepts (SFAC) No. 8 indicates that the primary purpose of financial reporting is to provide financial informationRead MoreFinancial Accounting Theory2740 Words   |  11 Pagesï » ¿Financial Accounting Theory Introduction The aim of this paper is to consider three theories of regulation, the public interest theory, the capture theory and the economic interest theory. These three theories attempt to explain why a particular phenomena in the regulation process occurs and as such they are positive theories. Initially, in part (a) the theories are explained and then related to a case where the European Union Commission defers accounting standards. Read MoreFinancial Accounting Theory11230 Words   |  45 PagesAbout the â€Å"Best† Accounting Policy Copyright  © 2009 Pearson Education Canada 126 Instructor’s Manual—Chapter 5 5.7 5.8 The Information Content of Other Financial Statement Information Conclusions on the Information Approach LEARNING OBJECTIVES AND SUGGESTED TEACHING APPROACHES 1. To Appreciate the Information Perspective on Decision Usefulness of Financial Reporting I begin coverage of this chapter by pointing out that we are now starting to apply decision theory and efficient securitiesRead MoreFinancial Accounting Theory Essay1794 Words   |  8 PagesChapter 1 – Financial Accounting Theory 1.1 What is Financial Accounting Theory? Henderiksen (1970) – Theory is defined as: A coherent set of hypothetical, conceptual and pragmatic principles forming the general framework of reference for a field of inquiry. FASB – a coherent system of interrelated objectives and fundamentals that can lead to consistent standards. Introduction – theories of financial accounting Accounting is a human activity and will consider such thing as people’sRead MoreFinancial Accounting Theory the Reporting Environment1578 Words   |  7 PagesWeek 2: Topic 1: Financial Accounting Theory the Reporting Environment GHTHH Chapter 2 5. Researchers who develop positive theories and researchers who develop normative theories often do not share the same views about the roles of their respective approaches to theory construction. (a) How do positive and normative theories differ? (b) Can positive theories assist normative theories, or vice versa? If yes, give an example. If not, why not? Normative accounting research makes policy recommendationsRead More7101AFE Financial Accounting Theory And Practice Essay970 Words   |  4 Pagesï » ¿7101AFE Financial Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 1 2015 TUTORIAL 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements, would you have developed a positive theory or a normative theory? The first of all, it is important to understand the mean by a ‘theory’. According to ContemporaryRead MoreFinancial Accounting Theories And Disclosures Of Financial Information Will Affect Decision Making984 Words   |  4 PagesFinancial Accounting Theory (FAT) provides me an overview of the role of financial accounting in decision making which gives me a deeper insight of how accounting theories and disclosures of financial information will affect decision making. Throughout 12-week seminars, it develops my critical thinking skills which change my view of FAT to a new perspective. From which, it establishes an insightful explanation of the reason behind of every action and logic underlying of particular practice. AndRead MoreFinancial Accounting Theory, Chapter 4 Answers Essay1146 Words   |  5 PagesAssignment 4-2: Week 4 Analysis Write-Up Kylie Keener ACCT715-Q1WW Financial Accounting Theory Michael Miller 13 June 2012 1. Chapter 4:  Problem 8 (GM) The article â€Å"GM to Take Charge of $20.8-Billion† here reproduced from The Globe and Mail (February 2, 1993) describes the potential impact of SFAS 106, â€Å"Accounting for Postretirement Benefits Other Than Pensions,† on General Motors and Ford. For example, it appears that General Motors will be required to record a liability of $20.8 billionRead MoreFinancial Accounting Theory - Ball and Brown Study1674 Words   |  7 Pagesof Research Paper Through the paper and the information provided by the textbook, it is clear that two brief conclusions we can get and explanations will be attached. 1. The financial statement do impact the share price 2. The influence caused by the financial statement is limited. The main reason, that financial statement impact the share price, is the efficient capital market. Namely, the efficient security market will go hand in hand with full disclosure. Once the relevant information provided

Times of India free essay sample

English-language daily newspaper. According to Audit Bureau of Circulations, it has the largest circulation among all English-language newspapers in the world, across all formats (broadsheet, tabloid, compact, Berliner and online). In 2008, the newspaper reported that (with a circulation of over 3. 14 million) it was certified by the Audit Bureau of Circulations (India) as the worlds largest selling English-language daily, ranking it as the 3rd largest selling newspaper in any language in the world. World Association of Newspapers and News Publishers. According to the Indian Readership Survey (IRS) 2012, the Times of India is the most widely read English newspaper in India with a readership of 76. 43 lakhs (7. 643 million). This ranks the Times of India as the top English daily in India by readership. It is owned and published by Bennett, Coleman Co. Ltd. which is owned by the Sahu Jain family. HISTORY OF THE INDUSTRY The Times Of India was founded on 3 November 1838 as The Bombay Times and Journal of Commerce In Bombay,[7] during an intermediate period between the Mughal and British Raj. Published every Saturday and Wednesday, The Bombay Times and Journal of Commerce was launched as a semi-weekly edition by Raobahadur Narayan Dinanath Velkar, a Maharashtrian Reformist. It contained news from Britain and the world, as well as the Indian Subcontinent. The daily editions of the paper were started from 1850 and in 1861, the Bombay Times was renamed as The Times of India after amalgamation of three more newspapers. In the 19th century, this newspaper company employed more than 800 people and had a sizeable circulation in India and Europe. After Indias independence the ownership of the paper passed on to the then famous industrial family of Dalmiyas and later it was taken over by Sahu Shanti Prasad Jain of the Kunal Jain group from Bijnore, UP. Indias press in the 1840s was a motley collection of small-circulation daily or weekly sheets printed on rickety presses. Few extended beyond their small communities and seldom tried to unite the many castes, tribes, and regional subcultures of India. The Anglo-Indian papers promoted purely British interests. Robert Knight (1825–1892) was the principal founder and the first editor of the Times. The son of a London bank clerk from the lower-middle-class, Knight proved a skilled writer and passionate reformer. Knight helped create a vibrant national newspaper industry in British India. When the Sepoy Mutiny erupted, Knight was acting editor of the Bombay Times and Standard. He broke with the rest of the English language press (which focused on Indian savagery and treachery) and instead blamed the violence on the lack of discipline and poor leadership in the army. That angered the Anglo-Indian community but attracted the Timess Indian shareholders, who made him the permanent editor. Knight blasted the mismanagement and greed of the Raj, attacking annexation policies that appropriated native lands and arbitrarily imposed taxes on previously exempt land titles, ridiculing income taxes, and exposing school systems that disregarded Indian customs and needs. Knight led the paper to national prominence. In 1860, he bought out the Indian shareholders and merged with the rival Bombay Standard, and started Indias first news agency. It wired Times dispatches to papers across the country and became the Indian agent for Reuters news service. In 1861, he changed the name from the Bombay Times and Standard to The Times of India. Knight fought for a press free of prior restraint or intimidation, frequently resisting the attempts by governments, business interests, and cultural spokesmen The Times of India is published by the media group Bennett, Coleman Co. Ltd. This company, along with its other group companies, known as The Times Group, also publishes The Economic Times, Mumbai Mirror, Pune Mirror, Bangalore Mirror, Ahmedabad Mirror, the Navbharat Times (a Hindi-language daily broadsheet), the Maharashtra Times (a Marathi-language daily broadsheet) and Ei Samay (a Bengali daily). In late 2006, Times Group acquired Vijayanand Printers Limited (VPL). VPL used to publish two Kannada newspapers, Vijay Karnataka and Usha Kiran, and an English daily, Vijay Times. Vijay Karnataka was the leader in the Kannada newspaper segment then. In April 2008, the Chennai edition was launched. The papers main rivals in India are Hindustan Times and The Hindu, which hold second and third position by circulation. In Feb 2013, the Kolhapur edition was launched. EDITIONS The Times of India has its markets in major cities Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Hyderabad, Indore, Jaipur, Ahmedabad, Coimbatore,Madurai,Patna, Pune, Kochi, Lucknow, Nagpur, Nashik, Goa,Mysore, Hubli, Mangalore, Bhubaneswar, Visakhapatnam, Chandigarh, Raipur, Ranchi, Guwahati, Trivandrum, Aurangabad Kolhapur. TIMES GROUP NETWORK Zigwheels: ZigWheels brings to its visitors reviews, road tests, technology, tools and tips, as well as special features on cars and bikes. It features easy-to-use widgets such as the new car bike prices, Resale value of used cars, information on dealerships across cities and best deals. It has emerged as a hassle free platform for buyers as well as car and bike enthusiasts looking for new car search as per budget or make, latest news in the industry or hot launches, and exclusive previews and videos. Speaking Tree: Speaking Tree. in is the Indias largest online spiritual network that offers one on one interaction between spiritual masters and seekers. With over 100 acclaimed masters including Deepak Chopra, Jaggi Vasudev and Sri Sri Ravi Shankar the site encourages spiritual conversations among users across multiple forums. Healthmeup. om: HealthMeUp covers modern day health concerns like diet and fitness, workouts, weight loss advice, healthy living tips, and even low-fat, quick and easy recipes.

Native Son By Right Essays (2504 words) - Native Son, Richard Wright

Native Son By Right Richard Wright marked the beginning of a new era in black fiction. He was one of the first American writers of his time to confront his readers with the effects of racism. Wright had a way of telling his reader about his own life through his writing. He is best known for his novel, Native Son, which is deeply rooted in his personal life and the times in which he lived. This paper will discuss this outstanding American writer, his highly acclaimed novel, Native Son, and how his life influenced his writing. Richard Nathaniel Wright, was born on September 4, 1908 in Roxie, Mississippi. His father was a sharecropper and his mother a schoolteacher. In search for better employment his father moved the family to Memphis, Tennessee. While in Memphis, his father worked as a night porter in a hotel and his mother worked as a cook for a Caucasian family. Shortly after their move to Memphis, Wright's father deserted his family. His mother then tried to find any work she could find to support her family. Then, at the age of seven his mother became ill and was unable to financially support her family. As a result, the family had to move to Jackson, Mississippi to live with relatives. Wright remained in Jackson until 1925 (Walker, 13). In 1925, Wright left Jackson and headed as far as his money could take him, and that was Memphis, Tennessee. Memphis was the exact same city in which his father had taken his family to find a better life and where he abandoned them. Wright's first trip to Memphis ended in disappointment, desertion, and deprivation. While there Wright found work as a messenger for an optical company. He lived in Memphis for approximately two years. During that time, he witnessed the deep and violent South which eventually would permanently scar him for life. Margaret Walker wrote: I am convinced that the best of Richard Wright's fiction grew out of the first nineteen years of his life. All he ever wrote of great strength and terrifying beauty must be understood in this light. His subjects and themes, his folk references and history, his characters and places come from the South of his childhood and adolescence. His morbid interest in violence-lynching, rape, and murder-goes back to the murky twilight of a southern past. Out of this racial nightmare marked with racial suffering, poverty, religious fanaticism and sexual confusion emerge the five long stories in Uncle Tom's Children. (Walker 43) The violent impression of Southern racism marked Wright's personality and literature. As a result, he would spend his entire life struggling to express the importance for men to reject the stereotypic notions of race, class, creed, or any other prejudice and to accept human value that honor the human spirit and release intelligence. It was Wright's first nineteen years in the South that opened up his most powerful and passionate writing (Walker 43). In 1927, at the age of nineteen Wright migrated to Chicago, Illinois. In Chicago, Wright found a job a as Post Office Clerk and at the same time he continued to self-educate himself by reading books, magazines, and newspapers. While in Chicago he became interested in Communism Issues. The interest came as a result of his concern with the social roots of racial oppression. In 1932, Wright joined the Communist party. He was a party activist in Chicago and New York. Wright's involvement with the Communist party became the subject of most of his fiction writings. After he broke away from the party his writings were centered around it. Wright's years in Chicago are often considered his maturation years, which were years of growing maturity and preparing for an illustrious future (Metzger 608). Wright's career as a writer basically began in the 1930's. In 1930, he wrote his first novel, Lawd Today. His novel, Lawd Today, however was not published until after his death. His first published work was, Uncle Tom's Children: Five Long Stories, which consists of stories that attack the racial discrimination and bigotry that Wright encountered as a youth. Throughout Wright's career he published many outstanding works. Among his works included: five novels, two autobiographies, two books of short stories, four nonfiction books and one collection of essays. Wright's major influence began when he published, Native Son , in 1940. Richard Wright's most notable and highly acclaimed novel is Native Son. Richard Wright contemplated for a while before he decided to write a novel in which a Negro, Bigger Thomas, would become a symbolic figure

Industrialization Essays - Great Plains, Free Essays, Term Papers

Industrialization Essays - Great Plains, Free Essays, Term Papers Industrialization a. Why were the Indians treated so unjustly? (12) The American settlers greed was the basis for the injustice forced upon the Indians. At first the Americans simply wanted the land that could be used to grow or create products. Then the Indians were viewed as hostile enemies. This was unfair because the Americans were too greedy to give the Indians the supplies they were promised; therefore, the Indians attacked. The Indians also attacked because the Americans put them on reservations so the settlers could have the rest of the land. The hunters of the West were also forced serious injustice on the Indians. They killed the buffalo by the millions for their hides. The buffalo were the Indians source of food, consequently the Indians were forced to move to reservations. b. Why was the evolving cattle industry so profitable? (10) The low cost and high output of the cattle industry made it extremely profitable. Buffalo grass, which grew year round and through droughts, grew on the Great Plains, which made it unnecessary for ranchers to buy food for the cattle. Cattle could be used as food or a labor force. They could also be sold to the Indians who had no choices for food because they were stuck on the reservations. Cattle could be raised cheaply in the Plains and sold to the railroad workers and the troops guarding the workers. c. Why did farmers and sheep ranchers create problems in the West? (12) d. Why was the railroad essential there? (10) The lack of natural

How to Ask Questions in Italian

How to Ask Questions in Italian Who is Carlo? Where is the train station? What time is it? Why do Italians talk with their hands? How do you make gnocchi? These are all questions that you’ll likely need to ask when you are in Italy or speaking Italian, and so you’re going to need to understand the basics of how to ask questions. Here Are the Basics Chi? - Who? Whom?Che?/Cosa? - What?Quando? - When?Dove? - Where?Perchà ©? - Why?Come? - How?Qual/Quali? - Which?Quanto/a/i/e? - How much? TIP: In questions beginning with an interrogative word, the subject or the personal pronoun  is usually placed at the end of the sentence. Quando arriva Michele? When does Michael arrive? Let’s take a look at how these vocabulary words are used in real life conversation. Chi Prepositions such as a, di, con, and per always precede the interrogative word â€Å"chi.† In Italian, a question never ends with a preposition. Chi à ¨ lui? - Who is he?Chi parla? - Who is speaking? (on the phone)Chi sono? - Who are they?/Who am I?Con chi hai cenato ieri sera? - With whom did you have dinner last night? Che/Cosa â€Å"Che† and â€Å"cosa† are abbreviated forms of the phrase â€Å"che cosa†. The forms are interchangeable. A che ora? - At what time?Che lavoro fa? - What work do you do? (formal)Cosa ti piace di pià ¹ della cucina toscana? - What’s your favorite Tuscan dish?Cos’à ¨ questo? - What is this? As you can see with the last example, sometimes the conjugation of the verb â€Å"essere†, in this case â€Å"à ¨Ã¢â‚¬ , can combine with the question word â€Å"cosa†. Quando Quando parti per l’Italia? - When do you leave for Italy? (informal)Quand’à ¨ il tuo compleanno? - When is your birthday? (informal)Quando à ¨ arrivata lei?/Lei quando à ¨ arrivata? - When did she arrive? Dove Di dove sei? - Where are you from? (informal)Dove hai lasciato gli occhiali?  - Where did you leave your glasses?Dove si trova una gelateria? - Where does one find an ice cream shop?Dov’à ¨ la stazione dei treni? - Where is the train station? As you can see with the last example, sometimes the conjugation of the verb â€Å"essere†, in this case â€Å"à ¨Ã¢â‚¬ , can combine with the question word â€Å"dove†. Perchà © Perchà © sei in Italia? - Why are you in Italy? (informal)Perchà © studia l’Italiano? - Why are you studying Italian? (formal) Come Come sta? - How are you? (formal)Come si chiama? - What is your name? (formal)Com’à ¨ un giorno perfetto, secondo te? - What is a perfect day according to you? (informal) Qual/Quali As with all adjectives, agree in gender and number with the nouns they modify, except for â€Å"che†, which doesn’t change. Qual à ¨ il suo segno zodiacale? - What is your zodiac sign? (formal)Quali sono i tuoi interessi? - What are your interests? (informal) Quanto/a/i/e As with all adjectives, agree in gender and number with the nouns they modify, except for â€Å"che†, which doesn’t change. Quant’à ¨? - How much is it?Quanto tempo ci vuole per arrivare a Firenze? - How long does it take to arrive in Florence?Da quanto tempo studia l’italiano? - How long have you been studying Italian? (formal)Quante persone vivono a Roma? - How many people live in Rome?Quanti anni hai? - How old are you? (informal)

Entrepreneurship & Small Business Management Essay - 2

Entrepreneurship & Small Business Management - Essay Example I am hopeful that the company I would be working with would also be willing to fund my MBA for me. Thus in these two fruit-ful years I will not just be taking home a fat income but would also have completed by MBA. While pursuing my MBA , I would also be doing my cost savings. I am not keen on being head to mouth by the time I retire. I want to save up for investment later on in a business of mine. I will be saving 40 percent of my salary and it should be possible as I have no obligations at that moment. Thus at this rate in the next five years, I would have savings of above 2 Lakh dollars. I will invest this money in gold as the gold market is enjoying a huge boom these days and it is stipulated that the boom will continue for a while. By the time I graduate, I would expect my salary to have multiplied by atleast 2 folds. I would continue to keep a low-key lifestyle and would spend $60,000 per year only. The remaining amount will go in savings. I feel that all this compounded would give me more than 3 lakh dollars in the next two years. It is then when I will opt for an early retirement with the goal of getting into and starting my own business. By then I would have around 8 lakh dollars in s avings, gold and and other things. With the capital that I would have saved, I will start my own venture of a computer franchise company. The income through this company will increase by 40% every year and I would become a millionaire in just two years with net value of above 3 million in five years after

Assignment Example | Topics and Well Written Essays - 500 words - 155

Assignment Example However, if the research on nuclear weapons may help thwart those the actions of those who have ill intensions to make or use this weapons, then the scientists can be allowed to continue developing these weapons because in such a situation it would be for the advantage of the many. Employees are obliged to be productive because that is why they are employed. However, the employer must also understand that the employees are humans and may from time to time face difficult situations that may affect their productivity. In many cases, a closer look at unproductive employee reveals that they may be having issues in their personal lives. In the spirit of doing to other people as you would want them to do to you, it would be necessary to try and understand whether this is the case with employees, because that is what the manager would want to be done to them if they were the employee. The unproductive employee also has a duty to the employer, and maybe even to other stakeholders of the business that employs them. He must consider this and find ways to secure his financial life and then retire because that would be beneficial to other people. John Locke was a believer in social contract which is a philosophical outlook that sees everyone as having a social contract towards these people they deal with. This is like the philosophy of ding the he neighbor as one would want them to do to you. In such a situation as the unproductive employee’s case, he would want both sides analysis their obligations to each other and then do what they are supposed to do. Regina seems to be using the utilitarian philosophy which argues that the end justifies the means. Such donations are supposed to come from a point of personal desire to help, as opposed to the selfish desire to outshine the others. Instead of taking advantage of people’s advantage to show off, Regina’s and the team should have found a way to take advantage of the primal desire to help others, which is

M&A in India in Past Few Years Essay Example for Free

MA in India in Past Few Years Essay Abstract The process of mergers and acquisitions has gained substantial importance in todays corporate world. This process is extensively used for restructuring the business organizations. In India, the concept of mergers and acquisitions was initiated by the government bodies. Some well known financial organizations also took the necessary initiatives to restructure the corporate sector of India by adopting the mergers and acquisitions policies. The Indian economic reform since 1991 has opened up a whole lot of challenges both in the domestic and international spheres. The increased competition in the global market has prompted the Indian companies to go for mergers and acquisitions as an important strategic choice. The trends of mergers and acquisitions in India have changed over the years. The immediate effects of the mergers and acquisitions have also been diverse across the various sectors of the Indian economy. Till recent past, the incidence of Indian entrepreneurs acquiring foreign enterprises was not so common. The situation has undergone a sea change in the last couple of years. Acquisition of foreign companies by the Indian businesses has been the latest trend in the Indian corporate sector. The Indian IT and ITES sectors have already proved their potential in the global market. The other Indian sectors are also following the same trend. The increased participation of the Indian companies in the global corporate sector has further facilitated the merger and acquisition activities in India. The various factors that played their parts in facilitating the mergers and acquisitions in India are favorable government policies, buoyancy in economy, additional liquidity in the corporate sector, and dynamic attitudes of the Indian entrepreneurs are the key factors behind the changing trends of mergers and acquisitions in India. Even though mergers and acquisitions (MA) have been an important element of corporate strategy all over the globe for several decades, research on MAs has not been able to provide conclusive evidence on whether they enhance efficiency or destroy wealth. There is thus an ongoing global debate on the effects of MAs on firms. This article seeks to explore the trends and progress in MAs India. Electronic copy available at: http://ssrn.com/abstract=1618272 MERGER ACQUISITION IN INDIA: AN ANALYTICAL STUDY The phrase mergers and acquisitions (abbreviated MA) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business entity. In business or economics a merger is a combination of two companies into one larger company. Such actions are commonly voluntary and involve stock swap or cash payment to the target. Stock swap is often used as it allows the shareholders of the two companies to share the risk involved in the deal. A merger can resemble a takeover but result in a new company name (often combining the names of the original companies) and in new branding; in some cases, terming the combination a merger rather than an acquisition is done purely for political or marketing reasons. Mergers may be broadly classified in (i) Horizontal mergers: A situation when two or more merging companies manufacture similar product in the same industry. (ii) Vertical mergers: A situation when two or more merging companies work at different stages of manufacture of a same product. (iii) Conglomerate mergers: A situation when two or more merging companies operate in different industries. The word acquisition, also known as a takeover or a buyout, is the buying of one company (the ‘target’) by another. An acquisition may be friendly or hostile. In the former case, the companies cooperate in negotiations; in the latter case, the takeover target is unwilling to be bought or the targets board has no prior knowledge of the offer. Acquisition usually refers to a purchase of a smaller firm by a larger one. Sometimes, however, a smaller firm will acquire management control of a larger or longer established company and keep its name for the combined entity. This is known as a reverse takeover. Another type of acquisition is reverse merger, a deal that enables a private company to get publicly listed in a short time period. A reverse merger occurs when a private company that has strong prospects and is eager to raise financing buys a publicly listed shell company, usually one with no business and limited assets. Electronic copy available at: http://ssrn.com/abstract=1618272 Reasons for Merger and Acquisition †¢ Operating synergies: The uniting of two firms improve productivity or cut costs so that the unlevered cash flows of the combined firm exceed the combined unlevered cash flows of the individual firm †¢ A vertical merger between a supplier and a customer, eliminates various coordination and bargaining problems †¢ A horizontal merger between competitors, produces a less competitive product market and cost savings from combining RD facilities and sales forces †¢ Financial synergies: Information and incentive problems may cause cashstarved firms to pass up positive NPV projects, but cash-rich firms to overinvest in negative NPV projects †¢ Conglomerates can use internal capital markets to transfer funds from negative NPV projects to positive NPV projects †¢ †¢ Enhance the flexibility of the organization Reduces bankruptcy risk Objectives In this article an attempt has been made (i) To examine the presence of trends and progress of MAs in Indian corporation. (ii) To analyze year-wise and industry-wise variance in number and amount of MA deals. Hypotheses To cover the above objectives following hypotheses have been formulated: 1. There is no significant difference in number and amount of MA deals in between years and between industries. 2. There is no significant difference between MA progress in manufacturing and service sector Industry-wise Trends of MAs The industry-wise trends in number and amount of MA deals between 2000 and 2007 are presented in the Table 1 and Table 2 and the industry-wise trends and progress of MAs have been analysed on this basis Food and Beverages: India is the worlds second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food market is estimated at over US$ 182 billion, and accounts for about two thirds of the total Indian retail market. According to industry experts, the market for carbonated drinks in India is worth US$ 1.5 billion while the juice and juice-based drinks market accounts for US$ 0.25 billion. Growing at a rate of 25 per cent, the fruitdrinks category is one of the fastest growing in the beverages market. The Indian food processing industry plays a significant role in diversifaction of agriculture products, generates employment, enhances income of farmers and creates a surplus for export of agro-foods. The important reason of the MA activity initiated in this industry are deregulation, restructuring disinvestment, restructuring by parent companies and presence of foreign players. Textiles Industry: Until the economic liberalization of Indian economy, the India Textile Industry was predominantly unorganized industry. The opening up of Indian economy post 1990s led to a stupendous growth of this industry. India Textile Industry is one of the largest textile industries in the world. Today, Indian economy is largely dependent on textile manufacturing and exports. India earns around 27% of the foreign exchange from exports of textiles. Further, India Textile Industry contributes about 14% of the total industrial production of India. Furthermore, its contribution to the gross domestic product of India is around 3% only. Textile Industry involves around 35 million workers directly and it accounts for 21% of the total employment generated in the economy. However the important reasons for the MAs in these sectors are: growth of power looms and handlooms sector at the cost of mill sector which has ultimately resulted in making them sick and unviable. This has led to an increase in the closure of mills; in addition, continued and persistent use of old plant and machinery has led to low profitability in the mill sector and thereby forcing some of mills to closedowns. Chemicals, Drugs and Pharmaceuticals: Under this category companies operating in the industrial groups of chemicals, drugs, pharmaceutical, cosmetics petrochemicals and rubbers have been taken into account for analyzing the trend and progress. The drug pharmaceutical industry in India meets around 70% of the countrys demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are about 250 large Pharmaceuticals manufacturers and suppliers and about 8000 Small Scale Pharmaceutical Drug Units which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units). These bulk drugs and pharmaceuticals manufacturers produce the complete range of pharmaceutical formulations i.e. medicines ready for consumption by patients and about 350 bulk drugs i.e. chemicals having therapeutic value and used for production of pharmaceutical formulations. Owing to a significant increase in Pharmaceuticals exports, Indias USD 3.1 billion pharmaceutical industries are growing at the rate of 14 percent per year. It is one of the largest and most advanced among the developing countries. Even the number of pharmaceuticals exporters, manufacturers and suppliers is increasing tremendously, the factors that contributed to increase in MA activity in these sectors are: Introduction of the process Patent Act in 1970, which required Indian companies to recognize international process patents. This has given an opportunity for the Indian companies to grow. This growth is associated with MAs and the emergence of WTO has brought about fundamental changes in the pharmaceutical industry. Trade-related aspects of intellectual property rights (TRIPS) of WTO require all Indian companies to comply with international patents. This has mainly happened in the form of MAs. Non–metallic Mineral Products: In this sector, cement and ceramics manufacturers are the primary players. The factors responsible for MAs are: before 1999 cement industry faced many problems like liquidity crisis, inadequate expenditure on infrastructure and costs of inputs. South-east Asian crisis brought narrowed profitability resulting to the bigger players withstanding the pressure of lower profitability and smaller and marginal players closing down or merging with big players and trying to appear favorable for a takeover. National Quadrilateral Road Project and State Government Policies to construct the irrigation projects could be other factors responsible for this boom. Basic Metal, Alloy and Steel: This is one of the oldest and traditional industry sectors in India. Companies operating in metals, alloy, steel and related concerns are grouped under this head. The factors contributing to MAs in this sector are: Slowdown of the economy during the year 1996-97, the capital markets, remaining depressed for the past couple of years, drying up sources of investment funds for industry, small and medium corporate finding it difficult to access institutional funds and export growth subjected to competitive pressure from imports. Information Technology and Telecom: Companies operating in the IT, Software, telecom and convergence sector are clubbed in industry, the central government has formed an independent department of information technology. Since the removal of restrictions on foreign capital investment and industrial de-licensing, India’s Telecom industry has shown large growth The Important factors for increasing MAs in this sector are: Consistent efforts were made by the department of telecom and its constituent organizations for upgrading and expanding the telecom networks and services and the Initiation of internet and web based developments and introduction of cell phone in India;. Automobiles and Automobile Ancillaries: Companies operating in automobile sector, locomotives, transport and spares have been included under this head. The Indian transport industry has been gradually playing a catalytic role for producing a wide variety of vehicles, passenger cars. Important factors responsible for an increase in MAs in this sector are: Globilalization is pushing global auto majors to consolidate, to upgrade technology, enlarge product range, access new markets and to cut costs. Competitive pressure and presence of global players have resulted in a number of MAs in this sector. Energy, Power, Gas and Oil: Companies operating in the field of energy, power, gas and oil are included in this group. Important factors responsible for an increase in MAs in this sector are, low rate of growth in power generation depressed the growth rate of industrial production and has necessitated immediate attention of big companies like Reliance Industries and due to unavailability of power and frequent disruptions have given an impetus to MAs in this sector..

Catcher in the Rye Essay: Holden’s Metamorphosis -- Catcher Rye Essays

Holden's Metamorphosis in The Catcher in the Rye      Ã‚  Ã‚   J. D. Salinger's The Catcher in the Rye is the chronicle of a young man's metamorphosis from immaturity to unsure manhood. Holden Caulfield, the protagonist, is a sixteen-year old boy who leaves the prep school he has been expelled from to escape the frightening reality of dealing with his parents. However, during his visit to New York City he is faced with the harsh reality that he cannot continue to hold onto his childhood. Holden is an extremely complex character and it is only by examining each layer of him that the reader is able to understand his painful metamorphosis.    There have been many debates over the morality of Holden. At the time of publication many critics saw Holden as a poor specimen of the youth of America. As the story opens he has flunked out of prep school for the third time and decides to run away to New York unbeknownst to his parents or the school authorities. Holden uses obscenities and blasphemes multiple times within sentences; he attempts to solicit a prostitute, and even calls himself a coward. True, Holden does not fair well when held up to the conventional moral codes of a young man of the fifties. Nevertheless, the reader must keep in mind that however complex Holden is, he is still just a boy trying to understand and be accepted by the world around him. Holden hides behind the profanities he uses. He does not use them referring to a person, but rather as a vague intensifier for his thoughts. Holden uses them to appear tough and to hide his insecurities as a teenager. He also bargains for the services of a prostitute his f irst night in the city. However, Holden does not have sex with her after he becomes sad talking to her. He do... ...says on Salinger's The Catcher in the Rye. Joel Salzberg. Boston, Massachusetts: G.K. Hall & Co., 1990. 23-24. 3. Jacobs, Robert G. "The Catcher in the Rye: Holden Caulfield's Goddamn Autobiography." If You Wanted to Know. Marsden, Malcolm M. Chicago, Illinois: Scott, Foresman and Company, 1963. 55-62. 4. Kaplan, Charles. "Holden and Huck: The Odysseys of Youth." If You Wanted to Know. Marsden, Malcolm M. Chicago, Illinois: Scott, Foresman and Company, 1963. 127-130. 5. Lettis, Richard. The Catcher in the Rye. Great Neck, New York: Barron's Educational Series, Inc., 1964. 1-18. 6. Maclean, Hugh. "Conservatism in Modern American Fiction." If You Wanted to Know. Marsden, Malcolm M. Chicago, Illinois: Scott, Foresman and Company, 1963. 14-15 7. Salinger, J.D. The Catcher in the Rye. Boston, Massachusettes: Little, Brown and Company, 1951. 1-277.    Catcher in the Rye Essay: Holden’s Metamorphosis -- Catcher Rye Essays Holden's Metamorphosis in The Catcher in the Rye      Ã‚  Ã‚   J. D. Salinger's The Catcher in the Rye is the chronicle of a young man's metamorphosis from immaturity to unsure manhood. Holden Caulfield, the protagonist, is a sixteen-year old boy who leaves the prep school he has been expelled from to escape the frightening reality of dealing with his parents. However, during his visit to New York City he is faced with the harsh reality that he cannot continue to hold onto his childhood. Holden is an extremely complex character and it is only by examining each layer of him that the reader is able to understand his painful metamorphosis.    There have been many debates over the morality of Holden. At the time of publication many critics saw Holden as a poor specimen of the youth of America. As the story opens he has flunked out of prep school for the third time and decides to run away to New York unbeknownst to his parents or the school authorities. Holden uses obscenities and blasphemes multiple times within sentences; he attempts to solicit a prostitute, and even calls himself a coward. True, Holden does not fair well when held up to the conventional moral codes of a young man of the fifties. Nevertheless, the reader must keep in mind that however complex Holden is, he is still just a boy trying to understand and be accepted by the world around him. Holden hides behind the profanities he uses. He does not use them referring to a person, but rather as a vague intensifier for his thoughts. Holden uses them to appear tough and to hide his insecurities as a teenager. He also bargains for the services of a prostitute his f irst night in the city. However, Holden does not have sex with her after he becomes sad talking to her. He do... ...says on Salinger's The Catcher in the Rye. Joel Salzberg. Boston, Massachusetts: G.K. Hall & Co., 1990. 23-24. 3. Jacobs, Robert G. "The Catcher in the Rye: Holden Caulfield's Goddamn Autobiography." If You Wanted to Know. Marsden, Malcolm M. Chicago, Illinois: Scott, Foresman and Company, 1963. 55-62. 4. Kaplan, Charles. "Holden and Huck: The Odysseys of Youth." If You Wanted to Know. Marsden, Malcolm M. Chicago, Illinois: Scott, Foresman and Company, 1963. 127-130. 5. Lettis, Richard. The Catcher in the Rye. Great Neck, New York: Barron's Educational Series, Inc., 1964. 1-18. 6. Maclean, Hugh. "Conservatism in Modern American Fiction." If You Wanted to Know. Marsden, Malcolm M. Chicago, Illinois: Scott, Foresman and Company, 1963. 14-15 7. Salinger, J.D. The Catcher in the Rye. Boston, Massachusettes: Little, Brown and Company, 1951. 1-277.   

Gothic Satire Essay

The subject of homework is cause for much debate between teachers, students, and parents. However, it is obvious that homework is not necessary every day. Homework should not be assigned to students on a daily basis because of health issues, the level of difficulty and the problem with time management. So I suggest the teacher can assign the homework twice a week, it is a way more easy to let students done their work. To begin, daily homework is unnecessary because of health issues. Students who have too much homework can develop poor sleep habits; many students pull â€Å"all-nighters† in an attempt to keep up. Another health issue is the lack of fresh air. Students show simple exposure to sunlight can provide bodies with neccessay vitamins, but there is no sunlight at your desk in your bedroom! Lastly, stress levels go through the roof when faced with too much work; in countries like China, overworked students have a high suicide rate. Evidently, too much homework can seriously damage your health. In addition, daily homework presents an unrealistic level of difficulty. If all teachers support daily homework, a student will have a heavy workload, with homework from four classes! Some homework is simply too difficult to be completed alone; a parent is not a teacher and should not be expected to know all the answers. Finally, struggling students who face failure at school and at home might choose to give up on school completely. A student who did not understand all day will fell even more discouraged when left alone to complete the work. Obviously, daily homework is simply too difficult. Finally, daily homework causes major problems when it comes to time. Many students need to work to supplement their family income or for posr=secondary education; there is no time for a student to manage a part-time job and homework. Valuable leisure time with family and friends also suffers when daily homework is assigned. Students need connections with the people who care about them in order to be emotionally and mentally healthy. With no time to simply unwind with those we love, we cannot form healthy relationships. Last but not least, students who have homework every day cannot join extracurricular activities such as sports and clubs. The educational system constantly stresses that a successful student is an active part of the school community, but a student with no free time has no time to join and make new friends. Thus, daily homework seriously compromises a student’s free time. In conclusion, due to problems such as good health, increased level of difficulty and lack of time, daily homework should not be assigned; it is, quite simply, unrealistic. Teachers should keep in mind that they are developing future people, and people require a healthy mind, body and spirit.

Family Traditions Essay

How does The Keeping Quilt help you understand traditions and what they mean to families? The Keeping Quilt by Patricia Polacco shows how immigrants came to a new country and passed down traditions to their family overtime. It also shows how traditions are integrated with other cultures to create a new culture. The Keeping Quilt demonstrates how historical and cultural traditions, teaching children social themes through children literature in the classroom can effectively increase cultural values in children’s social skills in reality. In reading the story The Keeping Quilt the author Patricia Polacco reflects on when her great grandma Anna came to America from Russia were grandma came to with only her old dress a babushka and old coat. Grandma later decides to use the old coat and pieces of other family members clothing to make a quilt. â€Å" We will make a quilt to help us always remember home† Anna’s mother said. † It will be like having the family in back home Russia dance around us at night. †(4). Here, the quilt was a significant symbol to the family to always remember their native land. It was used for the birth of family members to the family and used as huppa in weddings. Later the quilt was even used as a tablecloth and covering for caskets at funerals. The quilt became a symbol of the love and family values. The story The Keeping Quilt demonstrates to readers how some traditions and customs from our ancestors are embedded within individuals. These traditions help shape and influence our ideas values and beliefs. However in reading the story The Keeping Quilt it emphasizes some characterics of the historical values in the black African American cultures as to the movie or novel Roots by Alex Haley whereas the family kept their traditional heritage alive with jumping the broom as a symbolic union in marriage during their struggles through slavery. Another example is Escaping slavery: Sweet Clara and the freedom quilt by Sue Ann Miller, were a slave girl, Clara goes on her journey to freedom using the quilt as her symbolic inspiration from slavery. These stories and The Keeping Quilt shows readers how tradition customs individuals inherit from their ancestors used to remind them of their heritage such as the quilt was significant because it served as a piece of history passed down through generation to generation. Although Grandma Anna migrated from Russia she did not abandon her homeland once arriving in America, instead she tried to capture the memories by creating a quilt from different family members clothing each scrap of a family member clothing told a story. In creating the quilt grandma Anna kept her family history alive because it represented every significant moment in the family’s life. The Keeping Quilt also shows how cultures when migrating to a new country bring their own traditions and values. â€Å"Carle was given a gift gold, flower, salt, and bread to welcome her into the world each having a symbolic meaning. Whereas the gold represented she will never know poverty, a flower so she would always know love, salt so life would give her flavor, and bread so that she would never know hunger. However the story also shows how cultures bring their own traditions from their homeland they also create new traditions. Patricia Polacco stated† at my wedding men and women danced together, whereas in the pass they were not allowed to dance together (10). Although some traditions had changed in The Keeping Quilt overtime, the quilt remained an important tool used to connect the families past to the present. It also served as something used to preserve traditions the author Patricia Polacco states â€Å" I too will be a grandmother, and tell the story of The Keeping Quilt to my grandbabies†. 32) In addition, The Keeping Quilt is great example to express it is important to pass the torch of family traditions, this imparts a sense of continuity, bonding and more importantly love. It is incumbent on each generation of parents to keep the family tradition up and running. Family traditions are valuable instruments for child rearing because they install social values and contribute to creating close family ties. Whereas quality family time can help to build and maintain strong family ties sharing is the key ingredient for creating quality moments. On the other hand traditions make sharing easy for offering a common ground of knowledge and experiences. Teaching the new generation to honor the old family traditions through the years can help preserve encouraged interaction through shared activities. Many of most meaningful traditional activities revolve around food, with families gatherings eat and celebrate different events or holidays. In telling her story Patricia Polacco says that she come from past of storytellers, quoting† My fondest memories are sitting around a stove or open fire, eating apples and popping corn, while listening to the old ones tell glorious stories about their homeland and past. † In celebrating, traditions are highly important to welfare of many diverse families were Jews celebrate Passover and Hanukah, African Americans enjoy Kwanzaa, christens honor the birth of Jesus Christ at Christmas, but all giving thanks on Thanksgivings and etc. Traditions help people feel a sense of identity and belonging from a generational perspective, family traditions are practices or belief, they also pave the way for the good times and good memories. They create a connectedness with the past and hope for the future. This book is well integrated into History and Social Studies the study of families ethic religious, occupational and so forth. In reading this book illustration The Keeping Quilt emphasizes the family value and encourages children that valuable tools of family traditions ensure them with warmth and closeness family bondage now.

Attempts At Poetry Explication Essays - Aesthetics, Poetic Form

Attempts At Poetry Explication Essays - Aesthetics, Poetic Form Attempts at Poetry Explication Death, be not proud (P 596) Death, be not proud is the unusual portrayal of Death as a bringer of deliverance "...rest and sleep, which but thy pictures be..." rather than a figure of hell, torment, and punishment, "Rest of their bones, and soul's delivery." through a fourteen-line sonnet (written in iambic pentameter). The speaker emphasizes the inevitability of death through its personification which allots death a more formidable role through characterization. "...we wake eternally..." is an allusion to heaven, accentuating death's role as deliverer rather than a persecutor. As a servant, a deliverer of souls, Death paradoxically dies at the end of the poem creating an effectual loop; the circle of life is seen even in death. The description of "soul's delivery" adds a light connotation to the apparently bright future of the afterlife. The poem is driven by a sonnet's abbaabbacddc rhyme pattern ending with the death of Death himself to emphasize the termination of the poem. At this death, the speaker feels sympathy, "...poor Death, nor yet canst thou kill me." for the plight of an entity portrayed as not truly malicious, but which merely brings peace to the living. The Pulley The Pulley, written with each stanza according to its own rhyme pattern (ababa 2 cdcdc) to distinctly mark four separate events, is the speaker's observations regarding the operation of God in his or her world. Strength, Beauty, Wisdom, Honor, and Pleasure are all personified to emphasize their importance as the speaker's values. The speaker says that these values allow a person to surmount life's great obstacles which lend them their significance. The poet has enjambed each stanza, "If goodness lead him not, yet weariness / May toss him to my breast." to emphasize continuity of experience, and the oneness of the good which may bring salvation. The last line details the suggestion that the damned may find salvation not through their direct efforts but as a last resort. A pulley is a device that eases lifting; the title suggests that life's sequence of events are set up for the best through the powers that be. Storm Warnings This unrhymed poem, with each stanza composed of seven lines, compares the ravages of weather to the ravages of a tumultuous relationship. "...glass has been falling..." may be applied to both a barometer and broken expectations, as well as frustrations with a lover. "...a silent core of waiting..." compares the eye of the storm with the speaker's nervous tension. "...secret currents of the undiscerned..." can be applied to rising storm winds or the passive-agressive actions in a dysfunctional relationship. Weather becomes a reference to both weathered and internal violent feeling. "...Weather abroad/ And weather in the heart alike come on / Regardless of prediction." refers to an inability to select with whom one falls in love; love is spontaneous and uncontrolled. "Time in the hand is not control of time" relays to the reader a basis for the speaker's sense of helplessness when trapped in an unfavorable relationship. "We can only close the shutters." is the speaker's presenting the need to protect herself from the society which presents a danger to her because of her love. "These are the things that we have learned to do / Who live in troubled regions." ends with a note of resignation, seeing the necessity to disguise her life even should it mean living with unhealthy relationships. Morgan Glines February 17 1997

November 2007 Popular Articles

November 2007 Popular Articles November 2007 Popular Articles November 2007 Popular Articles By Daniel Scocco English Grammar 101: Sentences, Clauses and Phrases: Welcome to English Grammar 101, the newest category on Daily Writing Tips. I thought that creating a series of posts covering the basic grammar rules and parts of speech would be useful to many people, especially if you consider the diversity of our readership. On this first post we’ll cover sentences, clauses and phrases. Are You Sure You Mean â€Å"Moot†?: I just caught myself writing â€Å"the question is moot† meaning â€Å"the question is irrelevant or closed.† I immediately scrapped â€Å"moot† for a different adjective. Why? Because I remembered an occasion on which my son, a journalist, ruined the word for me by explaining that I was using it incorrectly. Is There Really Room for Error in Writing?: Writing is a battle. On one side: the force of your important message. On the opposing side: the forces of ignorance and misunderstanding. Your weapons: your words. Your support: the entire tradition of the English language. Can You Speak Your Readers’ Language?: Face it, we English speakers (which presumably includes you, since you’re reading this) don’t always read and write the same language, even if we all call it English. Sure, someone trying to communicate in a language that isn’t their native language may have a harder time being understood. But we understand that and make allowances for it. I talk more slowly (usually) when I’m not speaking English, and my listeners don’t expect me to speak perfectly. Among/Amongst: Is there a Difference?: I first heard amongst used when I went to live in England. To my ear it sounds quaint and very â€Å"British.† I especially like it in the expression â€Å"to put the cat amongst the pigeons.† If there ever was a difference between the two words, it is lost now. Malapropisms: Sheridan’s 18th century play, The Rivals, featured a hilarious character called Mrs Malaprop, who was apt to drop a verbal clanger whenever she opened her mouth. That’s where we get the word malapropism from, though its real origin is in the French phrase mal propos, meaning inopportune or not to the purpose. Five Tips For Writing Great Web Content: Writing for the web is another great freelance writing market. It’s already huge and it’s growing every day. There’s so much web content out there that you need to make yours stand out. Here are four ways to make your web content appeal to readers. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the General category, check our popular posts, or choose a related post below:15 Terms for Those Who Tell the Future"Certified" and "Certificated"20 Names of Body Parts and Elements and Their Figurative Meanings

Strategic Issues in Financial Services Essay Example | Topics and Well Written Essays - 1750 words

Strategic Issues in Financial Services - Essay Example There are 13 banks that were involved in the annual JD Power and Associates Retail Banking Customer Satisfaction Survey (O'sullivan 2010, pp. 2). Out of these, the Cooperative Bank of England performed exemplarily and emerged tops. Abbey was rated as the worst bank in the UK. In addition, Bank of Scotland, HSBC, Clydesdale and Barclay’s banks were considered as performing below par. The National Building Society and RBS were the other banks that were considered as being best performers. The rating of the banks was done based on six distinct parameters. The ease of problem resolution, convenience to the customer, transactions, the offering of products like account openings, account statements and the fees that the bank charged were the six parameters used. The overall confidence in the banking sector is considered to have improved, this despite the fall of the Northern Rock as well as the recent credit crunch. The survey further stated that only a quarter of the respondents wou ld not recommend their bank to others and the same number believed that the stability of the banking sector had changed little. Despite the overwhelming support that the sector has regained in the last year, a sizeable number of the 3,300 respondents in the survey stated that the fees charged by their banks were the major factor for their withheld support. In the last couple of years, the credit crunch has negatively affected the performance of the banking sector with some international banks requiring bailout. The collapse of the sub-prime lending bubble led to a fallout that affected many banks globally. However, some banks managed the crisis considerably well, assisted by sound strategies. In this discussion, the focus is on the leaders and laggards that emerged from management of the economic crisis. The leader in the discussion will be the Cooperative Bank that was considered as the best bank in the UK by the JD Power and Associates survey. The same survey pit HSBC as performin g below average and this will be the laggard in the subsequent discussion. Formerly, people did not consider the extent of global integration. However, the multiple collapse of many institutions in the global scene presented a picture of how much integrated the world really is. Governments intervened with massive bailouts and other monetary regulations that were aimed at stabilizing the financial situation. As if to worsen matters, the effects were further strained by the recession that followed. It is in this background that the best strategies for survival and growth are tested. Both the Cooperative Bank and HSBC operated against this backdrop. What was regarded as the norm had to change drastically in order to guarantee business considering the mistrust that the crisis created. The Cooperative Bank was not spared. It made losses on its risky investments but the amount it made in losses cannot be equated to the amount that private banks like HSBC incurred (Cogan 2008, p. 7). The c haracteristics of the bank that made it suffer less involve the fact that its customers are also its members and are the ones that own it. The strength in this principle is that all approaches must be driven by consensus and are not reliant on a single stakeholder as is the case with HSBC. There is also a concomitant view that is for the long-term and also a stance that is risk-averse that allow the bank to be more conservative in terms of the strategy adopted towards retail banking. The Cooperative

Friedrich List Essay Example | Topics and Well Written Essays - 2500 words

Friedrich List - Essay Example 6). List claims that his theory of â€Å"National System† is based on historical empiricism. Therefore, though he agrees with the Classical School of Economy on the point that global free marketplaces are desirable, he seems to be concerned about the monopolist influence of the strongest economy on the countries of weaker economy. Merely one century after the industrial revolution had began to force the European nations to seek for newer and cheaper sources of raw materials in order to feed their ever booming mills and factories, List foretold the economic imperialism of the technological industry-based economies of the world. Therefore, the prerequisite for a country’s participation in the global free marketplace, as List suggests, is to reach the level of the leading nation. It may seem that List is advocating for such criteria of participation in the global free marketplace, which will mostly impossible for the countries of weaker economies to fulfill. On the surface level, it seems that there must be some nations who will never be able to attain the level of the leading nations. ... Throughout his whole life, List had sought for individuality. This tendency provoked him to adopt his father’s business of tannery. Instead, he joined the post of a clerk in the public service and later he became the under-secretary in a ministerial department in 1816. Subsequently he became a professor of political administration at the University of Tubigen and a deputy to the Wurttemberg Chamber where he strongly raised his voice for administrative reforms (Henderson, 1983, pp. 4-5). His rebellion against the administrative conventions at the Wurttemberg Chamber earned him ten months’ imprisonment in the Jail of Asperg. In 1824, h escaped from the imprisonment and immigrates to America where he gathered experiences as a landholder from farming which inspired him to look deep into the economic infrastructure of a country. Furthermore, he claimed that Alexander Hamilton’s works inspired him a lot to view the economy of a country as a ‘National Systemâ€⠄¢. Indeed, during his stay in Germany, his experience with the arbitrary bureaucratic political system assisted him to perceive the political dimension of economy and the importance of the political system’s role in people economic welfare of the common people who are not directly attached to politics (Henderson, 1983, pp. 13-15). For List, â€Å"the nation is the most important link between the individual and mankind† (â€Å"Frederick List†, 1968, pars. 6). This of concept of List about the indispensability of politics from economy later became realized more by Henry Clay’s â€Å"American System†. During his stay in Pennsylvania in America, he wrote â€Å"Outlines of a New System of Political Economy† and published it 1827. In this pamphlet, he

Lab report Essay Example | Topics and Well Written Essays - 500 words

Lab report - Essay Example Apart from primary aluminum obtained from bauxite, secondary aluminum and aluminum compounds are obtained through recycling. Recycling aluminum prevents depletion of aluminum ore reserves. Compared with primary production, production of secondary aluminum requires a lower amount of energy. (Davis, 1993) One compound that can be obtained by chemical treatment of used aluminum is potash alum. Potash alum or common alum (potassium aluminum sulfate dodecahydrate, KAl(SO4)2.12H2O) is a double salt. The Al3+ ions in alum act as flocculating agent during water treatment and purification and also as a blood congealer in medicine. (Atkins & de Paula, 2006) To investigate a possible method for recycling used aluminum cans, potash alum was prepared from a piece of aluminum can. Feasibility of the recycling process was studied by calculating the percentage yield. Collecting and weighing aluminum. The aluminum beverage can was washed. A 5Ãâ€"8 cm piece of aluminum was cut from the can. Paint from the outer surface of the can and plastic from the inner surface of the can were scraped off. The aluminum piece was cut into small squares. The aluminum squares were weighed and 0.996 g of aluminum was placed in a 250 mL beaker. Addition of potassium hydroxide. To the aluminum in the beaker, 50 mL of 1.4 M potassium hydroxide was added. The reaction mixture of aluminum and KOH was heated on a hot plate in the hood. Heating was stopped when the mixture turned grey. Vacuum filtering. Vacuum filtration apparatus was set up. The hot solution was vacuum filtered. The beaker used was rinsed with distilled water (5 mL) and this solution was also vacuum filtered. The filtrate obtained was cooled in an ice-water bath for a few minutes. Addition of sulfuric acid and crystallization of alum. To the cooled filtrate, 20 mL of 9.0 M sulfuric

What Is The Concept Of Electromagnetic Conduction? Essay

What Is The Concept Of Electromagnetic Conduction? Essay The concept of electromagnetic induction was discovered simultaneously in 1831 by Faraday in London and Joseph Henry, an American scientist working in New York that same year. Faradays law describes electromagnetic induction, whereby an electric field is induced, or generated by a changing magnetic field.. but Faraday is credited for the law since he published his work first An emf can be induced in many ways-for instance, by moving a closed loop of wire into a region where a magnetic field exists. The results of these experiments led to a very basic and important law of lectromagnetism known as Faradays law of induction. This law states that the magnitude of the emf induced in a circuit equals to the time rate of change of the magnetic flux through the circuit. With the treatment of Faradays law, we complete our introduction to the fundamental laws of electromagnetism. These laws can be explained in a set of four equations known as Maxwells equations. Together with the Lorentz force law, they represent a complete theory for describing the interaction of charged objects. Maxwells equations relate electric and magnetic fields to each other and to their ultimate source, namely, electric charges. To see how an emf can be induced by a changing magnetic field, let us consider a loop of wire connected to a galvanometer. When a magnet is moved toward the loop, the galvanometer needle deflects in one direction,arbitrarily. When we take magnet away from the loop, the needle deflects in the direction . When the magnet is held stationary relative to the loop, no deflection take place. Finally, if the magnet is held stationary and the loop is moved either toward or away from it, the needle deflects. From these observations, we observe that the loop knows that the magnet is moving relative to it because it experiences a change in magnetic field. Thus, it seems that a relationship exists between current and changing magnetic field. Faradays Law: an Explanation Listed below are the two mathematical forms of Faradays Law: the point or differential form, and the integral form. Although the two forms appear highly distinct, they mean exactly the same thing and can be used interchangeably in calculations. The point form equation can be transformed to the integral form equation and vice versa by the application of a single vector calculus theorem 1. Although synonymous, the two forms of the law lend themselves to different conceptual understanding depending on the physical context. Physicists and electrical engineers often like to state Faradays Law in the more compact point form, but prefer using the integral form for calculations since it is more physically intuitive. Avoiding the drudgery imposed by attempting to understand the sundry mathematical symbols, Faradays law says that a time-varying magnetic field induces an electric field. More formally, here is the essence of Faradays Law: The sum of all electric field components tangent to a closed spatial path, or loop, is equal to the negative time-rate of change of the magnetic flux through the surface bounded by that path. First, lets understand what is meant by flux. Imagine water flowing through a pipe in which a screen spans the cross-section . The flow of water across the screen can be considered flux. Similarly, magnetic flux refers to a magnetic field intersecting a surface. Now imagine that, as the water flows through the creen in the pipe, its rate of flow increases, i.e. it accelerates. This means that the time-rate of change of the water flow is positive relative to the direction of flow. On the other hand, if the flow rate decreases, then this time-rate of change is negative with respect to the direction of flow. The same applies to the magnetic flux through a surface: if its magnitude is increasing with respect to the fields direction, then the time-rate of change is positive; otherwise, it is negative. In this figure, there is a changing magnetic field, represented by the red arrow coming out of the page. Surrounding this changing magnetic field (and flux) is an arbitrary closed path along which are marked several tangential electric field components. The sum of these components, relatively speaking, is what is indicated by the left sides of the equations in table 1. Faradays Law equates the two last concepts: the total electric field summed around a closed path (the left side of the equation) is equal to the time-rate of change of the magnetic flux through the surface bounded by that path (the right side of the equation). Physically, this means a time-changing magnetic flux gives rise to an electric field in its neighbourhood. Recall from our earlier discussion that there must be an electric potential, or voltage, associated with every electric field. Thus our understanding of Faradays law can be extended to say that a time-variant magnetic field induces an electric potential or voltage. Faradays Law: Consequences Faradays Law is so fundamental to the workings of our universe that if the truths it conveys were not so, it is difficult to imagine how the universe as we know it would be different. One could say that electromagnetic waves wouldnt exist, and without these, perhaps, the universe wouldnt either. Or, perhaps, life would continue, but in a dramatically different way than what we experience. But this is a discussion best left for philosophers. What we do know for certain is that mankinds understanding of these laws has had a colossal impact on how we live in our world today: various inventions and technologies that incorporate Faradays Law have revolutionised mankinds living for well more than a century. Faraday law describe how electromagnetic (EM) waves are generated and, with the help of two other electromagnetics equations, propagated through various media. EM waves are essential to our existence and to our quality of life. EM waves of many different frequencies are responsible for myriads of different phenomena: low frequency EM waves are used for radio transmissions and television broadcasts; low- to mid frequency microwaves are used in satellite and mobile communications and in microwave ovens; mid-frequency infrared radiation from the sun heats our planet; mid-frequency visible light waves allow us to see and makes plant and animal life on earth possible; mid-frequency ultraviolet radiation is enjoyed by tanning sunbathers; high frequency x-rays are used in medical diagnostic equipment and in materials analysis; and ultra-high frequency gamma radiation is involved in subatomic phenomena Now let us describe an experiment conducted by Faraday. A primary coil is connected to a switch and a battery. The coil is wrapped around a ring, and a current in the coil produces a magnetic field when the switch is closed. A secondary coil also is wrapped around the ring and is connected to a galvanometer. No battery is present in the secondary circuit, and the secondary coil is not connected to the primary coil. Any current detected in the secondary circuit must be induced by some external agent. Initially, we might guess that no current is ever detected in the secondary circuit. However, something quite amazing happens when the switch in the primary circuit is either suddenly closed or suddenly opened. At the instant the switch is closed, the galvanometer needle deflects in one direction and then returns to zero. At the instant the switch is opened, the needle deflects in the opposite direction and again returns to zero. Finally, the galvanometer reads zero when there is either a steady current or no current in the primary circuit. Th e key to under-standing what happens in this experiment is to first note that when the switch is closed, the current in the primary circuit produces a magnetic field in the region of the circuit, and it is this magnetic field that penetrates the secondary circuit. Furthermore, when the switch is closed, the magnetic field produced by the current in the primary circuit changes from zero to some value over some finite time, and it is this changing field that induces a current in the secondary circuit.As a result of these observations, Faraday concluded that an electric current can be induced in a circuit (the secondary circuit in our setup) by a changing magnetic field. The induced current exists for only a short time while the magnetic field through the secondary coil is changing. Once the magnetic field reaches a steady value, the current in the secondary coil disappears. In effect, the secondary circuit behaves as though a source of emf were connected to it for a short time. It is customary to say that an induced emf is produced in the secondary circuit by the changing magnetic field. The experiments shown in Figures 31.1 and 31.2 have one thing in common: In each case, an emf is induced in the circuit when the magnetic flux through the circuit changes with time. In general, The emf induced in a circuit is directly proportional to the time rate of change of the magnetic flux through the circuit. Where is the magnetic flux through the circuit (see Section 30.5). If the circuit is a coil consisting of N loops all of the same area and if _B is the flux through one loop, an emf is induced in every loop; thus, the total induced emf in the coil is given by the expression. The negative sign in Equations 1 and 2 is of important physical significance. Suppose that a loop enclosing an area A lies in a uniform magnetic field B. From this expression, we see that an emf can be induced in the circuit in several ways: The magnitude of B can vary with time. The area covered by the loop can vary with time. The angle _ between B and the normal to the loop can vary with time. Any combination of the above the three can occur. Faradays law as two different phenomena Some physicists have remarked that Faradays law is a single equation describing two different phenomena: The motional EMF generated by a magnetic force on a moving wire, and the transformer EMF generated by an electric force due to a changing magnetic field. James Clerk Maxwell drew attention to this fact in his 1861 paper On Physical Lines of Force. In the latter half of part II of that paper, Maxwell gives a separate physical explanation for each of the two phenomena. So the flux rule that the emf in a circuit is equal to the rate of change of the magnetic flux passes through the circuit applies whether the flux changes because the field changes or because the circuit moves (or both). Yet in our explanation of the rule we have used two completely distinct laws for the two cases. Applications of Faradays Law The ground fault interrupter (GFI) is an interesting safety device that protects electrical appliances against electric shock. Its operation makes use of Faradays law. In the GFI wire 1 leads from the wall outlet to the appliance to be protected, and wire 2 leads from the appliance back to the wall outlet. An iron ring surrounds the two wires, and a sensing coil is wrapped around part of the ring. Because the currents in the wires are in opposite directions, the net magnetic flux through the sensing coil due to the currents is zero. However, if the return current in wire 2 changes, the net magnetic flux through the sensing coil is no longer zero. (This can happen, for example, if the appliance gets wet, enabling current to leak to ground.) Because household current is alternating (meaning that its direction keeps reversing), the magnetic flux through the sensing coil changes with time, inducing an emf in the coil. This induced emf is used to trigger a circuit breaker, which stops the current before it is able to reach a harmful level. Another interesting application of Faradays law is the producing sound in an electric guitar. The coil in this case, called the pickup coil , is placed near the vibrating guitar string, which is made of a metal that can be magnetized. A permanent magnet inside the coil magnetizes the portion of the string nearest the coil. When the string vibrates at some frequency, its magnetized segment produces a changing magnetic flux through the coil. The changing flux induces an emf in the coil that is fed to an amplifier. The output of the amplifier is sent to the speakers, which produce the sound waves we hear. (a) In an electric guitar, a vibrating string induces an emf in a pickup coil. (b) The circles beneath the metallic strings of this electric guitar detect the notes being played and send this information through an amplifier and into speakers. Applications of electromagnetic induction that has had a tremendous impact on the way the society functions is electric power generation. The electric generator (figure 7) uses electromagnetic induction by rotating windings (loops of wire) in a magnetic field. As the windings rotate through the field, a time-varying flux is incident across them, resulting in an induced voltage. Are Monarchies More Stable Than Republics? Are Monarchies More Stable Than Republics? ISRAA EMAD Are monarchies more stable than republics in the Middle East? Many of the political observers stood bewildered and astonished against how to explain the ability and solidarity of the Arab Monarchs, Emirs and Sultans to ride out and stand against the storm and the tide of the Arab Spring Revolutions that have swept the Arab Countries during the past three years. For many of them, the fetch out answer to this shear dilemma has to be a matter related to the typology of the regime itself. The Arab Monarchs possess a unique cultural and hereditary legitimacy entailed their solidarity and stability rooted in the grounds of better governmental performance. This can help us understand the variation between two types of monarchies prevailing in the Arab World; the dynastic one applicable in the GCC countries and the Individual one as in the case of both Morocco and Jordan (Gause, 2013) No Arab Monarchy has been toppled during the Arab Uprising Revolutions save the Kingdom of Bahrain. These dynastic regimes survived for decades against the political storms that have blown away the republican neighboring states. Claims that monarchies in the ME region are inherently more solid and stable or on the other hand, their fall and collapse are only a matter of years away misinterpret the overwhelming situation justifiably as the Arab monarchies are there to stay. Typology of Regimes : Political scientists classify regimes according to their types; Monarchy as in case of the Sultanate of Brunei and Saudi Arabia, totalitarian dictatorship as in the case of the Nazi of Germany and Qaddafi of Libya, Aristocracy as in the ancient Sparta, Democracy as in ancient Athens and United states, anarchy as in recent Somalia, Authoritarian as in the case of Egypt and China and Constitutional as in the case of united kingdom and Japan (Linz, 2000). Arab Spring Shakes Regimes prevailing in the ME: What were called the Arab Spring Revolutions has erupted in several Arab countries, commencing with Tunisia, then crawling to touch Egypt, Libya, Yemen and strikes Syria, leading to the collapse of the republican regimes produced by the revolutionary legitimacy. Accordingly, a significant and remarkable phenomenon has appeared, which should be studied, analyzed and considered deliberately and objectively. Such phenomenon is represented in fact that the Arab monarchy regimes, with its constitutional legitimacy, withstood, even if for a period of time, against the waves and tides of the Arab Spring Revolutions compared to the notorious collapse of republican regimes. The republican regimes could not withstand it terms of its revolutionary legitimacy; alleged fifty years earlier, to resist such revolutions. One should ask what are the reasons beyond such phenomenon? (Al Abdeh, 2012). The most important reason this domino phenomenon is represented in the fact that the constitutional legitimacy upon which the monarchy regimes grounded their superstructures is emerged from societal, religious and historical heritage of the royal families as in the case in Jordan and Morocco. Moreover, the genealogy of these families is ascribed to the Prophet Mohammad (Peace Be upon Him). Such families have not risen to power through the military barracks or conferences. Additionally, these families have not usurped the power through coup detat or assassinations as was the case with most republican regimes that rule the Arab world since a half of century (Kurzman, 2004). The second reason is that the Arab monarchies have stable semi-democratic regimes resulting from constitutional and institutional heritage that is not owned by the dictatorial, totalitarian and absolute republics of fear that ruled the countries in the name of the leading party and the absolute leader. These dictatorial regimes have never recognized the constitution, elections or parliament except for the last decades (Stavestrand, 2013). Monarchy vs Republican Stability Paradigm On the contrary, the monarchy regimes rely on a constitutional and institutional heritage represented in old and permanent constitutions and parliaments with Bourgeoisie political elites that are educated and aware. Under such regimes, the power is peacefully circulated through elections, while the Monarch shall be non-responsible and have all religious and ethnic diversities in the societies of such countries. Accordingly, the peoples of such countries have peaceful and democratic mechanisms for reform; including the right to protest and exercise pressures on the government calling for cabinet reshuffle. These peoples do not need to overthrow such regimes leading to a constitutional vacuum that cannot serve their countries interests and leads to a great chaos and anarchy. Republican regimes Disappointing the youth generation : The third reason lies in the fact that the Arab youths who lived under the republican regimes suffering their oppression and tyranny have hated and fed up with such regimes. On the contrary, such youths and their counterparts that lived under the monarchy regimes tend to the monarchy ones and watch and observe their stability, openness and democracy, not only within the Arab world, but also all over the world. These youths have found that everything is good with these monarchy regimes compared to what they have felt and found under the totalitarian militarized republics of fear and agony. As for the generations that lived under the monarchy and republican regimes in some Arab countries, they have realized for a long period the big difference between the days of Monarchs and princes in comparison with the rule of military who proved to be amateurs and youngsters in terms of politics (Sean, April 2012). The fourth reason is represented in the fact that the Arab societies are mostly parental thus the monarchy regimes are more consistent with their social nature. Under the monarchy regime, there is the Monarch, who is the comprehensive symbol for all people. The republican regimes are, unlike, unfamiliar with the Arab societies and have not proven their success up to date; whatever their supporters introduce any justification that cannot convince even an infant. The unfamiliarity is attributed to the fact the president, in the republican regime, is usually unknown and unqualified amateur of politics. Such a president comes to the power through a military coup or a party and when he/she rise to the power, the same changes into a dictator and seeks to stay in power for life in spite of the fact that such a president does not come to power through the satisfaction and consent of people. Monarchies in the ME and Reform : The last reason lies in the fact that the possibility of reform and change that is available for the Arab Monarchy regimes are absent inside their republican counterparts. The mechanisms of power and constitutional establishments by which the monarch regimes enjoy allow the people to express opinion and thus criticizing corruption and wrong actions and calling for bringing about the change without being subject to punishment. Moreover, the nature of the democratic regime and power rotation between the parties creates a state of competition for the interest of citizen hoping that these parties be reelected. Under the republican regimes, nevertheless, the criticizing and calling for change are regarded as prohibited, treason and assault against the sacred leader and his/her absolute leading party. Hence, there are no elections to overthrow such leaders and in case there are any elections, they are reelected by 99% and thus, they are not obliged to make reforms and offer service to the citizen, as they do not fear of the latter who has no mechanism for expression and change (Halpern, 1993). Conclusion: The generation of spring revolutions in Egypt, Iraq, Syria, Yemen and Libya, who rushed inattentively, without awareness or thinking, after the military machine and their totalitarian revolutionary parties, have come now to realize how awful are the impacts and effects of the catastrophe and the disgusting crime they have committed fifty years earlier against themselves, their sons and grandsons generation after a generation as they have opened their eyes to find themselves under dictatorial totalitarian republics of fear, especially as they have found out that the monarchy regimes that were called the Vanishing Ones are still alive, vital and dominating, while their revolutionary publics encouraged, promoted and propagated by their leaders and parties have vanished and come to end. In fact, the remarkable governmental and constitutional reforms recently carried out by some Monarchs, like Abdullah II; the reigning king of the Hashemite Kingdom of Jordan, and Mohammed the VI‎, the present King of Morocco, including cabinet reshuffle and making essential constitutional amendments, place confirmation on the fact that the Arab monarchy regimes are more stable and persistent compared to their republican counterparts that collapsed in the wave of the first challenge as a result of the domino effect of the arising Arab Spring revolutions. Bibliography : 01/Al-HYPERLINK http://www.majalla.com/eng/author/malik-al-abdehAbdeh, M. (Dec. 2012) The Monarchical Exception While republican dictators fell, Arab monarchies remain stable, Some reflections on the very different fates of Arab Nasserite-type republics and Arab monarchies. 02/Gause, G. (2013) Kings for all Seasons, How the Middle East monarchies survived and persisted the Arab Spring Revolutions. Brookings Center Number 8, September 2013 03/Kurzman C., (2004) The Islamic Revolution in Iran Harvard University Press, 2004, p. 121. 04/Linz, J. (2000) Totalitarian vs Authoritarian Regimes 01/01/2000 Lynne Rienner Publishers 05/Sean, L. (April 2012), Understanding the Monarchial Resilience During the Arab Spring revolutions. 06/Stavestrand, E. (2013) Freedom and Stability in Contemporary Monarchies, Testing the Theory of Monarchical Exceptionalism. Department of Comparative Politics, University of Bergen Spring 2013 Are Happy Employees More Productive? Are Happy Employees More Productive? Happy employees are productive employees. Happy employees are not productive employees. The topic of employee attitude and job attitude has always been a debatable and confused topic among practitioners even though during periods when employees are being referred to as valuable asset for organizational success and competitiveness. Employees have attitudes or viewpoints about many aspects of their jobs, their careers, and their organizations. However, from the perspective of research and practice, the most focal employee attitude is job satisfaction. The most-used research definition of job satisfaction is by Locke (1976), who described it as a state which is enjoyable or positive that results from the appraisal of ones job or job experiences. Implicit in Lockes definition is the importance of both affect, or feeling, and cognition, or thinking. Organizations are social systems where human resources are the most important factors for effectiveness and efficiency. In order to achieve their goals and objectives organizations require efficient managers and employees. Without their personnel efforts and commitment success cannot be achieved by these organizations. Job satisfaction is critical to retaining and attracting well-qualified personnel. Employee job satisfaction can be described as an attitude that employees have about their organization and job. Methodologically, it can be said that job satisfaction is an employees emotional response which can be compared between actual outcomes and desired outcomes (Mosadeghrad, 2003b). One of the greatest challenge facing service organizations is possibly pursue for quality service. (Sohal, 1994). Thus finding ways for maintaining and improving service quality is necessary. (Bitner et al., 1994). In management employee attitude and reactions to organizational change are associated with departmental performance and this considered as an important assumption. In a service business, customer satisfaction is a critical performance indicator along with measures of unit productivity and administrative effectiveness. In the recent years it has been noticed that the effects of many human resource development factors on business performance has been extensively discussed in business research literature. In service industries, where services are often characterized by an encounter between service providers and customers, the quality and capability of the service providers have a direct, significant effect on the service delivery process and customer satisfaction. The initial interaction, having a great influence on how customers evaluate the service quality, has been better known as the moment of truth as customers start to form their opinion and expectation of the service delivery experience (Normann, 1984). This brief encounter can be vital in achieving a reputation for higher quality and continuous business. PERFORMANCE What is performance? Performance is the result of achieving organizational objectives; a yardstick of success. Porter (1980) asserts that the basis of above average performance in the long run is sustainable competitive advantage. Measuring performance Performance measurement is necessary because it enables firms to take a snapshot of current activity to assess their progress and help refocus strategy. These snapshots must always be compared against others both inside and outside the firm in the following three  main ways: (1) Past performance: recorded successes and achievements in the past. (2) Benchmarking: contrasting performance against that of other firms. (3) Goals: comparing achievements with strategic aspirations and expectations. The problems arise in deciding the criteria by which performance should be measured. Our customers judge quality on a range of objective and subjective issues which are often difficult to pin down. Employee attitude, for example, was ranked as the most important critical success factor to hotel companies, but is difficult to measure accurately. One answer is the balanced scorecard which is a reporting system which shows financial performance for actions already implemented as well as measures that drive performance in the future. These may be viewed in four perspectives as shown in Figure 2: customer perspective financial innovation and learning perspective internal perspective Customer satisfaction Customer satisfaction is related to customer loyalty Service providers are expected to increase their service value over time because customers today are very knowledgeable in seeking out new service alternatives and will defect if they are just merely satisfied. Very satisfied customers were found to be six times more likely to repurchase than those who were just satisfied ( Jones and Sasser, 1995). Other studies, such as Gummesson (1993) and Storbacka et al. (1994), also discussed the link between satisfaction and loyalty. Job satisfaction and job performance The study of the link between job satisfaction and job performance has a controversial history. The Hawthorne studies, conducted in the 1930s, are often credited with making researchers aware of the effects of employee attitudes on performance. Shortly after the Hawthorne studies, researchers began taking a critical look at the notion that a happy worker is a productive worker. Most of the earlier reviews of the literature suggested a weak and somewhat inconsistent relationship between job satisfaction and performance. However, further research does not agree with this conclusion. Organ (1988) suggests that the failure to find a strong relationship between job satisfaction and performance is due to the narrow means often used to define job performance. Organ argued that when performance is defined to include important behaviors not generally reflected in performance appraisals, such as organizational citizenship behaviors, its relationship with job satisfaction improves. In addition, in a more recent and comprehensive review of 301 studies, Judge, Thoresen, Bono, and Patton (2001) found that when the correlations are appropriately corrected (for sampling and measurement errors), the average correlation between job satisfaction and job performance is a higher .30. In addition, the link between job satisfaction and performance was found to be even higher for complex (e.g., professional) jobs than for less complex jobs. Thus, contrary to earlier reviews, it does appear that job satisfaction is, in fact, predictive of performance, and the relationship is even stronger for professional jobs. Relationships between attitudes, performance and customer satisfaction Past research has found positive but weak relationships between employees job-related attitudes and performance (Iaffaldano and Muchinsky 1990 ). Recent research has included customer satisfaction as a correlate of employee attitudes and performance, stressing the importance of quality service to organizational achievement (Wiley 1990, Zeithaml et al., 1985). In todays competitive marketplace, organization effectiveness depends on understanding what customers value and communicating this understanding to employees in the form of employee-performance goals and expectations. ( Crom 1994, Heskett et al.,1994) In another study of relationships between organizational performance, customer satisfaction, and employee attitudes, (Wiley 1990) studied data from over 200 retail stores. He found that, overall, those stores most favourably described by employees were those most favourably described by customers. In particular, customer satisfaction ratings were strongly and positively related to employees descriptions of key aspects of their working environment, especially working conditions, minimum obstacles to accomplishing their work, and a strong sense that supervisors and co-workers stress customer service. A number of employee attitude dimensions were related to customer satisfaction. One such employee attitudinal dimension was effective communication. Thus this study concerns examining relationships between employee attitudes, performance, and customer satisfaction over time. The goal is to determine the extent to which employee attitudes distinguish between departments and the extent to which these differences are associated with productivity, administrative effectiveness, and customer satisfaction. In general, we hypothesize that work groups differ in employee attitudes and that these differences relate to recently achieved performance and customer satisfaction and also predict future performance and customer satisfaction. Defining attitude Secord and Beckman (1969, p. 167) defined attitudes as an individuals feelings, judgment and predispositions which helps to behave in accordance to his environment. Arnold et al. (1995) indicated that attitudes reflect a persons tendency to feel, think or behave in a positive or negative manner towards the object of the attitude. According to Elizur and Guttman (1976), attitudes toward change in general consist of a persons cognitions about change, affective reactions to change, and behavioral tendency toward change. Positive attitudes to change were found to be vital in achieving organizational goals and in succeeding in change programmes (Eby et al., 2000; Martin, 1998; Kotter, 1996; Gilmore and Barnett, 1992). Indicators of employee attitude: The concept of the employees attitudes encompasses a wide range of organizational phenomena (Loscocco and Roschelle, 1991). However, the most significant aspect of this study is the view that employees attitudes are the extent to which people of the organization are able to meet the essential individual needs through their experience to give better performance. There are various employees attitudes that have been selected for inclusion in this study and they will be discussed further. Job satisfaction: The first major cause that will be addressed is job satisfaction. In general, HR practitioners recognize the value of the work condition as a cause of employee attitudes, and it is an area HR can help influence through organizational programs and management practices. In addition, one of the most important areas of the work situation to influence job satisfaction the work itself is often overlooked by practitioners when addressing job satisfaction. Currie (2001) suggests that satisfaction is linked to level to which an individual is satisfied with terms and conditions of employment and the factors relates to the physical work environment. For example, an employee may be satisfied with its pay and their relationship with their peers at work or are satisfied with company policy. Job satisfaction is generally known as a versatile construct which encompasses employee feelings about a range of both intrinsic and extrinsic job elements. It includes important aspects of satisfaction related to pay, benefits, promotion, work conditions, supervision, organizational practices and relationships with co-workers (Misener et al., 1996). As stated, the work situation also matters in terms of job satisfaction and organization impact. Contrary to some commonly held practitioner beliefs, the most notable situational influence on job satisfaction is the nature of the work itself-often called intrinsic job characteristics. Research studies across many years, organizations, and types of jobs indicate that employees give more importance to the nature of the work itself when asked to evaluate different facets of their job such as supervision, pay, promotion opportunities, coworkers, and so forth. (Judge Church, 2000; Jurgensen, 1978). This is not to say that good salary or effective supervision is not important but rather much more consideration should be given to job satisfaction by ensuring that work is interesting and challenging as possible. Of all the main criteria of job satisfaction the works nature involves job challenge, autonomy, variety and scope with other key results like employee retention. (e.g., Fried Ferris, 1987; Parisi Weiner, 1999; Weiner, 2000). Thus, to understand what causes people to be satisfied with their jobs, the nature of the work itself is one of the first places for practitioners to focus on. Employee satisfaction: Employee satisfaction is often referred to as job satisfaction. This is to say that employee needs and wants are satisfied when they perceive certain rewards from the organization, including compensation, promotion, recognition, development, and meaningful work, meet or exceed their expectation (Hackman and Oldham, 1980). The next general point to look at is the notion of wellbeing at work, which (Peccei, 2004) suggests concern an overall sense of happiness, physical and mental health of the workforce. (Currie, 2001). However Warr (2002) argues that job-related wellbeing refers to peoples satisfaction with their jobs in terms of facets like pay, colleagues, supervisors, working conditions, job security, training opportunities, involvement, team working and the nature of the work undertaken. Among determinants of job satisfaction, leadership is viewed as an important predictor and plays a central role. leadership style Among the different factors of job satisfaction, leadership is viewed as an important predictor and plays a central role. Leadership is a management function, which is mostly aimed at people and social interaction, as well as motivating people so that they will work towards achieving organisations goals. (Skansi, 2000). Organization believes that their success is in achieving its goals and objectives and this depends on the managers and their leadership style. By adopting the needed leadership style managers can influence employee job satisfaction, commitment and productivity. Leadership style can be categorized as a variety of managerial attitudes, behaviors, characteristics and skills based on individual and organizational values. (Mosadeghrad, 2003b). It is the ability of the leader to motivate employees do perform to the maximum and is also the extent to which management respects workers, operates with honesty and integrity, promotes efficiency, and has open lines of communication with employees (Aronson et al., 2003). Leadership styles comprises of autocratic, bureaucratic, laissez-faire, charismatic, democratic, participative, situational, transactional, and transformational leadership (Mosadeghrad 2003b, 2004). If can be noticed that it is not that a certain style of leadership should necessary result in successful organizational behavior. There is need of different styles for different situations and leaders should know which approach to adopt. A leader may have the skills to act effectively in a particular situation but may not able to perform so in another context. A lot of research stem from research on transformational and charismatic leadership, which have been found to positively affect followers performance and attitudes (Bass and Avolio, 1993 and Shamir et al., 1993). According to Bass (1990, p. 21), transformational leadership takes place when leaders expand and promote the interests of their employees, when they create awareness and acceptance of the purposes and mission of the group, and when they encourage their employees to work towards the benefit of the group and not for their own self interest. Howell and Frost (1989) found that individuals working under a charismatic leader had higher task performance, task satisfaction, and lower role conflict. Employee commitment The concept of organisational commitment refers to a persons affective reactions to characteristics of his employing organization. (Cook and Wall, 1980) Commitment is an internalised employee belief, often associated with soft HRM and a high-trust organisational culture (Mathews and Shepherd, 2002) and is frequently associated with an exchange relationship between the employer and employee. From the point of view of employees, they commit to an organization in return for certain rewards, which can be extrinsic (salary) and intrinsic (belonging, job satisfaction). Legge (1995) suggests that the attitude conceptualization suggests that dedicated employees have confidence on the organisations goals and values, show enthusiasm to put maximum effort and have a strong will to stay with the organization. As such, affective commitment is viewed as an employees positive attachment to the employing organisation and a willingness to contribute towards the attainment of organisational goals (Mowday et al., 1979). It is argued that commitment often establishes an exchange relationship in which individuals attach themselves to the organization in return for certain rewards from the organization (Buchanan, 1974). People join organizations with certain needs, skills, expectations and they hope to find a work environment where they can use their abilities and satisfy their needs. When an organization can provide these opportunities, the likelihood of increasing commitment is increased. It is obvious that this exchange doesnt mean exploitation of employees. Commitment can be characterized by at least three related factors; a strong acceptance of the organizations values and goals, a willingness to exert considerable effort on behalf of the organization and a strong desire to maintain membership in the organization. Other research also indicated that organizational commitment is a better predictor of behavioral intentions than job satisfaction within a change context (Iverson, 1996; Iverson and Roy, 1994). Employees with high organizational commitment are more willing to put more effort in a change project and, therefore, it is more likely to develop positive attitudes towards organizational change (Iverson, 1996; Guest, 1987). It is in the interests of employers to find means of increasing employee commitment. High levels of organizational commitment lead to several favorable organizational outcomes. These include increased attention to safety practices, increased attendance, fewer grievance filings, larger profit margins, and higher customer satisfactions scores (Thompson, 1996), increased organizational effectiveness (Leung, 1997; Ostroff, 1992), more frequent organizational citizenship behaviors (Mayer Schoorman, 1992), higher productivity, lower scrap rates, and reduced turnover (Arthur, 1994), improved customer contract retention (Tornow Wiley, 1991), long-term profitability and shareholder value  (Kravetz, 1991) and higher customer satisfaction (Wiley, 1991; Pugh et al, 2002, Terzo,  2005). Furthermore, employee satisfaction has been positively correlated to service quality, which was then linked to increased customer satisfaction (Pugh et al., 2002). Customer satisfaction has been linked with the financial performance of the company, suggesting that employee satisfaction is linked to financial performance (Terzo, 2005). Further research has shown that satisfied employees have a positive impact on the companys revenues and profits (Jakobson Rauch, 2005). Different variables from employees all link to the customer, which links to the companys profitability and revenue growth (Pugh et al., 2002). Employee voice has been viewed as an aspect of high commitment HRM, and it is considered essential that workers should have the opportunity to express their grievances openly and independently, in addition to being able to contribute to management decision making on task-related issues (Gould-Williams, 2004). Employee involvement and information sharing is another essential component of the high commitment paradigm. Open communication about business matters ensures workers are informed about organizational issues and conveys a symbolic and substantive message that they are to be trusted in an open and positive manner (Marchington and Wilkinson, 2005). Thus it can be said that business success requires more than just satisfied and loyal employees. Instead, it demands the kind of employees who are willing to serve as advocates for the organisation, i.e. committed employees. So, employee commitment represents employee dedication to help the company to achieve its goals. It includes manifests like dedication to doing work of high quality, commitment to resolving customers problems, the investment of adequate time and effort in the work and the will to recommend the companys products and services. Job involvement Job involvement is likely to be affected by aspects of organizational culture. Job involvement is important because of well-established associations with a range of organizational outcome (Gray et al., 2003). It is also found that employees who are more involved in jobs are more satisfied with their jobs and can be expected to be more committed to their organization (ODriscoll and Randall, 1999). Employees who are highly committed towards their organization are more likely to stay than those who are relatively uncommitted (Tett and Meyer, 1993). Employee attachment is an important determinant in predicting organizational success. They describe attachment as having a strong affective component-the degree to which the customer or employee has a positive emotional connection with the organization. It is believed that the way employees are treated (HR practices) leads to a shared employee mind set. This, in turn, leads employees to behave in ways (employee practices) that contribute to a customer mindset that, in turn, contributes to a retention and attraction of customers and the resultant competitive advantage. Therefore, job satisfaction and job involvement are attitudes which are determined by individuals perceptions of their total job situations, including the physical work environment, the terms and conditions of their employment and the degree to which they are given autonomy, responsibility, authority and empowerment in their jobs (Kersley et al., 2006) Thus Organisations that promote and maintain commitment, job satisfaction and work-life balance satisfaction (wellbeing) of their employees through the implementation of high commitment HRM practices will benefit most by superior organisational outcomes and productivity through establishing long-term relationships of support and trust with employees. Organisations that do not pay attention to employee wellbeing at work will have in the long term to deal with the effects of less productive employees. Career satisfaction Career satisfaction was included since such satisfaction refers to overall affective reaction of individuals to their career (Greenhaus et al., 1990). It is reasonable to expect that high levels of career satisfaction would enhance organizational commitment since employees who are satisfied with their careers should perceive greater benefits in retaining membership in their organization than employees whose career have been less gratifying (Igbaria and Greenhaus, 1992). Motivation Herzberg et al.s (1959) two-factor theory of motivation stated that satisfaction and dissatisfaction are two separate entities caused by different facets of work and they were labeled as hygiene factors and motivators. Hygiene factors are categorized as extrinsic factors of job design that contribute to employee dissatisfaction if they are not met. Some examples are: supervision, working conditions, company policies, salary, and relations with co-workers. On the other hand motivators are intrinsic to the job and include achievement, development, responsibility and recognition. There is a very old discussion on whether hygiene factors do contribute to job satisfaction. (Furnham et al., 1999; Warr, 1987). Big five The big five model include five dimensions of personality traits. These traits are useful in determining the behaviour of individuals. These are: extraversion, agreeableness, conscientiousness, neuroticism and openness to experience. Furnham (1997) found that extrovert persons are highly motivated by intrinsic factors. It has been seen that extrovert person would respond more quickly to rewards than introverts. There are other examples that shows how personality traits may affect attitudes is an individual openness to experiences and this allow them to be more innovative and thus more satisfied with their job. (Furnham et al., 2005). Conscientiousness is viewed in earlier findings and suggests that this trait is a constant predictor of job satisfaction. (Furnham et al., 2002). This influence can be explained as conscientious individuals are prone to greater level of intrinsic and extrinsic reward as they are well organized therefore continuously increasing job satisfaction. Managing Employee Negative Attitudes Managers can influence employees in having positive attitudes. Employees should understand behaviours so as to help them to change their attitudes. There should be the will to implement changes even if certain disagree with the idea. Moreover the organization must focus on opportunities rather than concentrating on maters that is not working. Like this negative attitudes can be controlled a to a certain extent. Constraints to achieving positive employee attitude It is said that everyone should have a positive attitude. In practice it is really difficult to maintain a positive attitude every time. Whenever a problem arises, change in attitude is obvious to such an extent that having negative attitude cannot be avoided. The lack of positive attitude is the root cause of tension, anxiety, demoralization, nervousness and depression. Now a day almost everybody is in tension. Employees are tensed because of job dissatisfaction. Conflicts Lack of communication Adaptation in the working environment