Final Report (other different copy) Essay Example | Topics and Well Written Essays - 2000 words

Last Report (other diverse duplicate) - Essay Example Today Qatar Islamic Bank remains as one of the biggest and best monetary establishments in the Islamic financial area (Qatar Islamic Bank). QIB offers assorted money related types of assistance. It contains projects of the land venture, long haul business and modern speculation. Besides, there are administrations of retail banking and individual financial which QIB sorts out. Out and out there are six sections in which QIB works comprehensively venture fund, authoritative money, resource, land, corporate and working capital account (Qatar Islamic Bank). We have faith in Islamic Shari’a and hence serve the mission to give Shari’a-agreeable money related answers for our customers. We commit ourselves to augment proficiency, for our customers as well as for the entire society that give us the perfect chance to develop and to serve. It is development, which sets our way for execution and honesty (Qatar Islamic Bank). For an entry level position, I got delegated as an understudy in the Qatar Islamic Bank. The association titled me as CSR (client assistance delegate), where I had numerous errands to oversee like managing customers and speaking with workers for requests. It was essentially a learner position to go with which included expertise improvement, collaboration and dynamic investment. I was part in various exercises like customer managing, value-based action or administration work. Formally I was a student, however I was given a complete discussion where I could investigate each significant zone of the financial nature. It was fundamentally non-traditional banking, allowing me to discover that how non-customary financial functions and capacities. In general, it was anything but an unmistakable position like a titled one, yet a various position, which included various errands and various situations. Turning out to be a piece of the Qatar Islamic Bank framework was a perfect learning opportunity.

The story Killings by Andre Dubus Essay Example for Free

The story Killings by Andre Dubus Essay The story Killings by Andre Dubus is about a man named Matt and his adoration for his child Frank. He is vexed in light of the fact that his child has been slaughtered by a man called Richard. Matts spouse, more established child, and his companions imagine that Richard ought to be executed as well. His child wishes to kill the killer of his more youthful sibling, yet Matt is even terrified of the idea in light of the fact that doing so implies that he would lose his subsequent child, as well. His significant other likewise wouldn't like to see Richard alive. In Killings, Matt resents himself for the explanation of not having the option to ensure his child and is compelled to execute his children killer; in any case, toward the end he isn't energetic about it rather he is disturbed and discouraged. One reason that Matt executes Richard is his own significant other. She is extremely harmed by her children passing. She is continually crying since she sees her children killer strolling around in the stores constantly which murders her. When Matt tells his companion Willis Ruth sees him to an extreme. She was at bright Hurst today getting cigarettes and anti-inflamatory pills and there he was. She cannot go out any longer. It is executing her (90). This clarifies the amount of weight he is under to retaliate for his children demise. This leads him to murder Richard despite the fact that he wouldn't generally like to execute him Another one reason for Matts activity is that Matts more established child Steve needs to slaughter Richard. For instance, when they leave in the wake of covering Frank to his memorial park, Steve goes to his family and states, I should slaughter him (89). This point out that Steve is additionally exceptionally harmed by his more youthful siblings passing, who was just twenty one years of age. He feels so defenseless and wishes to execute Richard. Matt is extremely frightened by this since he wants his child to execute anybody. On the off chance that he submits murder, Matt would lose his subsequent child, as well. Matts companion Willis additionally proposes that he should execute Richard in light of the fact that Richard has consistently been brutal and vicious. When he shot a womans spouse for her and dropped him off the extension in the Merrimack River with a hundred pound sack of concrete. He even secured his wrongdoing by saying that no one helped the lady. This proclaims what sort of a man Richard is and what he has done to other people. Presently he has murdered Frank which was brutal of him, and Matts family accepts that he has no privilege to live. Willis is likewise constraining Matt to accept that whatever his family considers doing to Richard is correct. Willis urges Matt to execute Richard himself before somebody in his family submits the demonstration and he loses another relative. Just so everybody would be calmed and believe that equity has been finished.

Moral Hazard Causing A Deadweight Social Loss Finance Essay - Free Essay Example

According to Kaminsky and Reinhart, 1999, there have been many currency crises during the post-war era. They can be classified as first-, second- or third-generation currency crisis. A currency crisis is an episode in which the exchange rate depreciates substantially during a short period of time. FIRST GENERATION CURRENCY CRISIS MODEL: Krugman (1979) and Flood and Garber (1984) models come under first generation models. It states that, traders speculate against fixed exchange rate in order to profit from an anticipated speculation. In first-generation models, the collapse of a fixed exchange rate regime is caused by unsustainable fiscal policy. A hallmark of first-generation models is that the government runs a persistent primary deficit. The key ingredients of a first-generation model are purchasing power parity (PPP), government budget constraint, timing of deficits, money demand function, governments rule for abandoning the fixed exchange rate and the post-crisis monetary policy. In first-generation models the government follows an exogenous rule to decide when to abandon the fixed exchange rate regime. This model suggests that- The crisis is due to the poor government policy. The source of the upward trend in the shadow exchange rate is given by the increase i n domestic credit. Even though the crisis is sudden, it is a deterministic event: the crisis is inevitable given the policies and the timing is in principle predictable. These models are not harmful and it doesnt have effect on output. The crisis determination is a future policy stances that investors foresee, not the one observed in the past. The importance of policy choice in deciding to quit the fixed exchange rate regime. In fist generation models, there is no relation between capital flight and abandonment of the peg. There is no long-run equilibrium exchange rate. SECOND GENERATION CURRENCY CRISIS MODEL: These models are mainly based on the interactions between expectations, macro economic trade-offs and decisions. These are characterized by multiple equilibria and the interactions between market expectations and policy outcomes. In second-generation models the government maximizes an explicit objective function (Obstfeld, 1994). This maximization problem dictates if and when the government will abandon the fixed exchange rate regime. These differs from the first generation models in no irresponsible policy, no predictability of the crisis and there is no negative impact on employment and output if the country leaves the peg. 2. MORAL HAZARD Moral hazard is a situation where one party has more information(usually the party that is insulated from the risk) than the other in a transaction (usually the party paying for the negative consequences of the risk). It arises because an individual/institution does not take the full responsibilities of its doings and also from principal-agent problem. EXPANDED GOVERNMENT GUARANTEES FOR BANK LIABILITIES: A key element of policy crisis is the government provision of a financial safety net for financial institutions. So governments have felt obliged to go beyond the usual support measures, moving to expand existing guarantees and to introduce new ones. The valuation problems and other related actions like loss sharing arrangements for assets and capital injections were appeared to prevent further loss of confidence on the part of market participants by raising that the retail depositors and other creditors would continue to provide a stable source of funding for banks. It leads in reducing the threat of insolvency of these entities. By doing this, the government earns a small fee from the debt issuer for lending out its top credit rating like as financial guarantee insurance companies,. There are no further hidden costs associated with these measures. Even if guarantees do not generate significant upfront fiscal costs, they create large contingent fiscal liabilities, as well as other potential costs that may arise as a result of distortions of incentives and competition. Another important issue related to the additional guarantees is their pricing. In this respect, the potential distortions should be limited to the extent that government guarantees are priced appropriately. By contrast, distortions may arise because when guarantees are offered at prices that are substantially lower than market or some form of fair prices. WORKING OF CIRCULAR PROCESS IN REVERSE TO CAUSE ASSET PRICES COLLAPSES The mechanism of crisis involved that same circular proces s but in reverse: falling asset prices made the insolvency of intermediaries visible, forcing them to cease operations, leading to further asset deflation. This circularity explain both the remarkable severity of the crisis and the apparent vulnerability of the Asian economies to self-fulfilling crisis. The boom-bust cycle in Asian economies experienced in the investment and in asset prices. It showed that assets were in imperfectly elastic supply. In the first period, investors bid for fixed assets(land) and set their price. In the second period they receive rents, which are uncertain at the time of bidding. The intermediaries can bid on the land based not on the expected value of future rent but on the Pangloss value. So all assets will end up owned by intermediaries, and the price of the assets will be double what it would be in an undistorted economy. 3. MORAL HAZARD CAUSING A DEADWEIGHT SOCIAL LOSS Moral hazard is the lack of any incentive to guard against a risk when you are protected against it by the insurance is called moral hazard. It is the phenomenon of undertaking risky corrupt loans and transactions, but knowing that if it fails the state will pick up the tab. In the table 1, one yields $107 million; the other will yield $120 million in favourable conditions (good state), but only $80 million in unfavourable conditions(bad state). The good state and the bad state are equally likely, so that the expected returns on this risky investment are $100 million. But, the owner of the financial intermediary knows that while he can capture the excess returns in the good state, he can walk away from the losses in the bad state. So if he chooses the safe investment he gains a sure 7; but if he chooses the risky investment he gains 20 in the good state, loses nothing in the bad state, for an expected gain of 10. Thus his incentive is to choose the risky investment, even though it has a lower expected return. And this distortion of investment decisions produces a deadweight social loss: the expected net return on the invested capital falls from $7 million to zero. The globalization of trade and finance is changing international relationships at several levels of interaction like in the conduct of commercial activities, in relation to labour standards, the protection of physical environment and in other social and political issues. Both the captivity and the willingness of the parties who control financial capital to supply or withdraw capital from an economy quickly contribute to the rapid development as well as the severity of balance of payments and debt crisis for some economies. The process of globalization leads to an overall increase in the level of economic activity and everyone benefits from this process. The potential benefit of financial globalization will likely lead to a more financially interconnected world and a deeper degree of financial integration of developing countries with international financial markets. The main benefit of financial globalization for developing countries is the development of their financial system (Levine, 2001). There are two main channels through which financial globalization promotes financial development. First, financial globalization implies that a new type of capital and more capital is available to developing countries. Second, financial globalization leads to a better financial infrastructure, which mitigates information asymmetries and, as a consequence, reduces the problems such as adverse selection and moral hazard. 4,5, 6 7. DIFFERENCES BETWEEN THE EXPECTED VALUE OF LAND RENT AND ITS CORRESPONDING PENGLOSS VALUE There is a two period model to explain land value. In the first period, investors bid for land and setting its price. In the second period they receive rents, which are uncertain at the time of bidding. The financial intermediaries will be willing to bid on the land, based not on the expected value of future rent but on the Pangloss value. So all land will end up owned by intermediaries, and the price of land will be double what it would be in an undistorted economy. In an undistorted economy we can solve backwards for the price. The expected rent in period 3, and therefore the price of land purchased at the end of period 2, is 50. Therefore the expected return on land purchased in period 1 is = The expected rent in period 2 (50) + The expected price at which it can be sold (50), for a first-period price of 100. This is also the total expected rent over the two periods. Now suppose that intermediaries are in a position to borrow with guarantees. Again working backward, at the end of period 2 they will be willing to pay the Pangloss value of third-period rent, 100. In period 1, they will be willing to pay the most they could hope to realize off a piece of land: the Pangloss rent in period 2, plus the Pangloss price of land at the end of that period. So the price of land with intermediation in period 1 will be 200. It seems that the multi-period version of the model, in which part of the return to investment depends on the future prices of assets, makes no real difference to the distortion of those prices imposed by guaranteed intermediaries. However, this result changes in a dramatic way once we allow for the possibility of changes in the financial regime that is, if we believe that moral hazard may be a sometime thing. 8. KRUGMANS MODEL JUSTIFICATION ON OCUURANCE OF SELF-FULFILLING FINANCIAL CRISIS A key feature of a self-fulfilling crisis is the collective action of economic agents(Obstfeld, 1996 and Radelet and Sachs, 1998). This collective action may be promoted either by random shocks or the direction given by an obvious market leader. In both cases, if the intrinsic self-fulfillingness is believed to be the main reason for the financial crisis, then relatively little can be proposed in the way of future preventive policies. Self-fulfilling crisis may happen even though the countrys financial management is strong. So tough measures such as regulating sort-term capital flows were proposed to prevent the crisis. Krugman noted that the conflicts among the policy objectives do not necessarily ensure a random occurrence of crisis, even if the policy is formulated endogenously. He also stated that when market participants expect gradual worsening of market fundamentals, the economy tends to have unique equilibrium, and crisis erupts as soon as the economy heads into a crisis zone. If the crisis do not occur when an economy enters the crisis zone, this could be due to both arbitary nature of expectations as well as changing expectations about future fundamentals. 9. EXPLANATION OF ASIAN CRISIS 1997 BY KRUGMANS MODEL The Asian financial crises can be attributed to three major factors. They are international factor, domestic factor and intrinsic market failure. Among these three, both the domestic and international factors didnt responsible to much cause of Asian crisis, but the third one intrinsic market failure was responsible for that crisis. So the Asian crisis was because of a unpredictable self-fulfilling financial panic, which is a phenomenon typical of market failure. A key feature of a self-fulfilling crisis is the collective action of economic agents. This collective action may be promoted either by random shocks or the direction given by an obvious market leader. In both cases, if the intrinsic self-fulfillingness is believed to be the main reason for the financial crisis, then relatively little can be proposed in the way of future preventive policies. Self-fulfilling crisis may happen even though the countrys financial management is strong. So tough measures such as regulating sort-t erm capital flows were proposed to prevent the crisis. The East Asian crisis shed the light on the world economy to prevent or escape from the effects of similar crisis that will result in the future. Such developments relate to the deregulated nature of world financial markets, so that the triggering mechanism of a crisis may be financial. This is not to deny that financial panics may also emanate in situations where there has been no significant deterioration in the real economy above all on the profit rates. Hence when profits start to dip a careful calculation needs to be made. In regard to direct investment, the decision naturally cannot be acted upon with immediate effect, but in financial markets exiting from markets can be done almost instantaneously.

What Makes A White Dwarf - 1447 Words

1. What is it called when a star like the Sun sheds most of its mass? When a sun like star like the sun sheds most of it’s mass it is called a planetary nebula. 2. Which is the fate of our Sun? c. white dwarf a. Blackhole b. Supernova type Ia c. White Dwarf d. Red Dwarf e. Supernova type II 3. Using http://imagine.gsfc.nasa.gov/science/objects/dwarfs1.html, what is the composition of a white dwarf? According to NASA the composition of the white dwarf is apparently hardly noticeable and the attempt at those being the brightest was just as much as an ordinary 100 watt light bulb from the moon. The planetary nebula is the change from a medium mass star that’s a red giant to a white dwarf that’s very close to the power of the sun eventually†¦show more content†¦Astronomers think they are related to neutron stars because they are the leftovers in a way of massive stars, the remains even though they are highly magnetic and can move and orbit at very high speeds. With a pulsars life, birth, and death being very similar to how a neutron star is, we can begin to see why. 7. What is the difference between Type Ia and Type II supernova. The difference between a type Ia and Type II supernova is that a type II is caused by a big star collapsing and a Ia supernova is a white dwarf that emits enough mass and power to overcome the chandraskhar limit and collapses under the weight of it’s overly increased power. 8. Use http://hubblesite.org/explore_astronomy/black_holes/modules.html to find Blackhole in M33. What type of telescopes can see it? How far away is the blackhole? Where is it located? (2 pts) According to Hubblesite, the type of telescopes that can see it X-ray, Visible Light, and radio waves. There is quite a few blackholes, A supermassive one that is 2.5 million lightyears. Another supermassive that is 730 million light years away, One that is 28,000 light years away that is super massive and another one that is 2.5 billion light years away and is another supermassive. 9. According to http://www.nasa.gov/audience/forstudents/k-4/stories/nasa-knows/what-is-a-black-hole-k4.html, could a blackhole destroy Earth? The Moon? The Sun? According to NASA: What is a black hole – A black hole could not really destroy the earth becauseShow MoreRelatedSnow White And The 7 Dwarfs Analysis1453 Words   |  6 PagesSnow White and the 7 Dwarfs is a fairytale that reflects the good vs. evil in every story. I want to find out what characters fit the definition of sacred and why. Who is representing the good and who is representing evil. I want to look for rituals performed throughout the story and what moral patterns and consequences fit into the story. Does this story have any concepts that would fit or follow the Sacred Quest. Which character best describes me and my relationship to the sacred. Finally, howRead MoreNegative Influence Of Disney1423 Words   |  6 Pagesthat Disney is wholesome and innocent, and only wants to make animated films that every family has the opportunity to enjoy. On the other hand, however, others argue that Disney is a corporation, whose ultimate goal is to spread their brand and make a lot of money. In the words of Michael Eisner, CEO of the Walt Disney Co., â€Å"We have no obligation to make history. We have no obligation to make art. We have no obligation to make a statement. To make money is our only objective† (Mickey Mouse Monopoly)Read MoreAnalysis Of Snow White And The Seven Dwarfs1411 Words   |  6 Pages Snow White and the Seven Dwarfs Film Critique Di’Yana Mathis ENG225: Introduction to Film Professor Sameer Joshi October 2, 2017 â€Æ' Snow White and the Seven Dwarfs Film Critique Snow White and the Seven Dwarfs (1938), is a fantasy film written by Ted Sears and Richard Creedon. This animated movie, made by Disney, was created so young children can watch and enjoy all over the world. This is a very popular film because it was the first animated movie created in England and made in color. InRead MoreSnow White And The Seven Dwarfs1522 Words   |  7 Pagesto achieve perfect realism. Walt Disney’s Snow white and the seven dwarfs (1937) is one of the earliest attempts in capturing realism and achieving the ‘life like’, introducing new techniques such as roto-scoping in characters and multiplane cameras to create 3 dimensional depth. Therefore there are many flaws regarding techniques, style and narrative despite how much effort and care was put into its making. The scenes when snow white meets the dwarfs, sings into the well, and when the Queen transformsRead MoreThe Importance Of Fairy Tales1397 Words   |  6 Pageschildren to make logica l decisions based on the choices that the characters make within the tale. They see the actions that the characters engage in and, as a result, the consequences that follow, which allows them to analyze what happened and why. In â€Å"Cinderella,† â€Å"Snow White and the Seven Dwarfs† and â€Å"Hansel and Grethel,† through the various obstacles that Cinderella faces to be with the prince and her interaction with her step-sisters, the Queen’s false intentions towards Snow White and her relationshipRead MoreTerm Paper Outline Death of Stars826 Words   |  4 Pageshydrogen that it can convert into helium, it can then take on one of several paths. It can lead to white dwarfs, novae, supernovae, neutron stars or even black holes. II. When a star begins the phase of dying, it is deprived of the energy that is needed to prevent it from collapsing in on its core. The size of the star depends on what happens next in this vicious cycle. III. We still don’t know exactly what happens to low mass stars when they die as the universe has not been around long enough forRead MoreAnalysis Of Snow Whites Stepmothers1351 Words   |  6 Pagesfactory, Oct. 10, 1940. If Hitler would have ever met Snow White, he would have romanticized her just as much as everybody else did. The extreme dictator made it his mission to eliminate anybody in Germany who was not part of his model society by being blond, blue-eyed and tall. Undoubtedly, Snow White would have been part of his model society with her extremely fair skin and blood red lips. 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Working in 21st Century - 2947 Words

WORKING IN THE 21st CENTURY SEMESTER 1 ACADEMIC YEAR 2012/2013 LECTURE 1 Overview of Course Description of Assignment  © KAMAL KANT, 2012 1 COURSE OBJECTIVES 1. 2. 3. 4. NEW PARADIGM OF WORK CAREER THEORIES ABOUT UNDERSTANDING YOU LEARN TO WORK IN 21st CENTURY ïÆ' ¨ MOTIVATION, LEADERSHIP, TEAMS, INTELLIGENCE STRESS 5. SUCEEDING IN CAREER 6. CAREER PLANNING AND JOB HUNTING  © KAMAL KANT, 2012 SEE COURSE OUTLINE CONTENTS OF TEXT FOR DETAILS 2 WORKING IN THE 21st CENTURY †¢ 13 lectures. †¢ PowerPoint slides of lectures will be posted at least a day before the lecture. †¢ There is a prescribed text for course †¢ There will be recommended readings. †¢ These [prescribed text recommended readings] must be read if you hope to do well/pass –†¦show more content†¦Ã¢â‚¬ ¢ Therefore important to read on a regular basis rather than waiting to the ‘end’ to read! Clarify during break†¦do not wait to the ‘end’ and then send email†¦..too ‘difficult’ to explain!  © KAMAL KANT, 2012 12 ABOUT THE EXAM †¢ You can be assured there will be questions on the following topics: – – – – – – – – – Career Theories [at least 2 questions] Changing World of Work, Trends Forces of Change Self-Concept SOME EXAM QUESTIONS MAY BE Motivation SIMILAR, IF NOT IDENTICAL TO Intelligence QUESTIONS THAT HAVE APPEARED IN PAST EXAM PAPERS. 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Budgeting and Performance Evaluation Teddy Bear Toy Corporation

Question: Discuss about theBudgeting and Performance Evaluation for Teddy Bear Toy Corporation. Answer: Introduction Teddy Bear Toy Corporation is a division of Acme Products Limited that deals in the manufacturer of toys. Daphne Wong heads the firm. She just received a preliminary report, and the results were not that pleasing. Her budgeted figured had deviated from the actual data. This report analyzes the possible causes of the variances, what modification could b done to the incentive plan, and how the firm could incorporate a balanced scorecard in its operations. Analysis Likely Explanations of the Observed Variances Teddy Bear Toy Company had many variances both favorable and adverse from its budgeted results. The company realized a favorable sales volume variance of 45,556 units since thy sold at a lower price, they advertised more, and there was less competition (Wiseman, 2010, pp.1067-1094). They, however, incurred an unfavorable sales price variance on retail and catalog since they decreased their prices and faced more competition because their competitors also lowered their prices to lure customers to buy from them as seen in the appendix (Wiseman, 2010, Pp.1067-1094). The teddy bear toy corporation also realized an unfavorable direct material price variance of $ 214,916 since there was a rise in the market prices of raw materials and they purchased many high-quality raw materials to cater for the rising demand for their goods (Bhimani, 2012, pp.300-310). The firm also realized an adverse direct labor rate variance of $ 980,305 as seen in the appendix. Ideally, this variation is caused by a rise in the labor rates causing the company to pay its workers higher wages. The teddy bear organization also realized an adverse variable overhead spending variance of $ 679,361. This difference was caused by preferring high quality of labor (Hart, Wilson, and Keers, 2001, pp.299). The firm also incurred a favorable manufacturing overhead variance of $ 3,023 and a favorable administrative overhead variance of $ 261 as seen in the appendix. This implies that they were able to plan and control their fixed overhead variance. Lastly, the business incurred an unfavo rable fixed selling expenses variance of $ 560,192, which shows that they did not plan well and they, therefore, ended up spending more on advertising than they should have. Advantages and Disadvantages of an Incentive Plan An incentive plan is a tool used by departmental heads to motivate their workers by rewarding those who show high performance and encouraging those who portray little performance. Its main advantages are it ensures motivation of employees (McQuerrey, 2010). Ideally, it is a fact that when the employee is rewarded they get encouraged to achieve better results thus increasing the productivity of the departments. Second, it increases the earnings of a firm (McQuerrey, 2010). This is because high productivity would lead to increased sales and hence higher profits. Third, incentive plans are beneficial since it ensures the loyalty of the employees to the firm (McQuerrey, 2010). This is because when they are rewarded through incentive programs, they are likely to be loyal to the company and therefore make it achieve greater strategic goals. This implies that they will be unlikely to quit their employment opportunities in search for better job opportunities thereby leading to reduced employ ee turnover. Lastly, incentive plans would result in collaborative efforts where both the employees and the departmental heads work together to achieve the strategic goal of the enterprise (McQuerrey, 2010). Despite its numerous advantages, it also experiences some disadvantages. According to Alex Saez, as an employer, one may feel that the incentive ought to be in a consistent performance and not a single performance (Saez, 2010). If employees find out that they are being evaluated this way, they will become resentful to those in businesses who are receiving higher bonuses (Saez, 2010). To make some modifications in the incentive plan, I would encourage that Wong offers non-cash rewards rather than cash rewards such as trips and gifts. This would reduce the resentment of the junior employees to those in office and therefore encourage them to work harder. Balanced Scorecard The performance dimensions that are included in a balanced scorecard consist of the learning and growth perspective, the internal business process perspective, the customer perspective and the financial standpoint (Meyer, 2009, pp.66-100). The performance indicators may include whether the teddy bear firm could improve and create value for the business, what exactly they must do to excel, how the customers see them, and what image they portray to their shareholders (Kara Mohamed, 2006, pp.202). When the teddy bears organization analyzes these indicators, they would be able to determine what they need to do to improve (Horngren, Harrison, and Oliver, 2008, pp.99-101). Recommendations This report recommends that Wong implements a balanced scorecard approach into the firm. Here she would be able to facilitate what the customers want, where they want to be, how the shareholders look at the organization, and how they can create value. Lastly, the report recommends that Wong looks at cost-effective ways of production. References Meyer, M. (2009). Rethinking performance measurement. Cambridge: Cambridge University Press. Pp.66-100. Retrieved on 26 September 2016. Kara Mohamed, M. (2006). Balanced scorecard implementation. Pp.202. Retrieved on 26 September 2016. Horngren, C., Harrison, W. and Oliver, M. (2008). Accounting. Upper Saddle River, N.J.: Prentice Hall. Pp.99-101. Retrieved on 26 September 2016. Saez, A. (2010). The Disadvantages of Incentive Plans. StudioD. Retrieved on 26th September 2016 from https://www.smallbusiness.chron.com/disadvantages-incentive-plans-56703.html/ McQuerrey, L. (2010). The Advantages of Incentive Plans. StudioD. Retrieved on 26th September 2016 from https://www.smallbusiness.chron.com/advantages-incentive-plans-55858.html/ Wiseman, B. (2010). Budgeting. New York, NY: Weigl Publishers. Pp.1067-1094. Retrieved on 26 September 2016. Bhimani, A. (2012). Introduction to management accounting. Harlow: Financial Times Prentice Hall. Pp.300-310. Retrieved on 26 September 2016. Hart, J., Wilson, C., and Keers, B. (2001). Budgeting principles. Frenchs Forest, N.S.W.: Prentice Hall/Pearson Education Australia. Pp.299. Retrieved on 26 September 2016.

Theodore Roosevelt Essays (898 words) - , Term Papers

Theodore Roosevelt Theodore Roosevelt "The life of Theodore Roosevelt (1858?1919) was one of constant activity, immense energy, and enduring accomplishments. As the twenty-sixth President of the United States, Roosevelt was the wielder of the Big Stick, the builder of the Panama Canal, an avid conservationist, and the nemesis of the corporate trusts that threatened to monopolize American business at the start of the century. His exploits as a Rough Rider in the Spanish-American War and as a cowboy in the Dakota Territory were indicative of his spirit of adventure and love of the outdoors. Reading and hunting were lifelong passions of his; writing was a lifelong compulsion." After graduating magna cum laude, from the Harvard University, Theodore began to lay the building blocks for his public career. He began one of the most historic political careers ever. Roosevelt put his early political years in these words, "I rose like a rocket". After being a New York Assemblyman, United States Civil Commissioner, Assistant Secretary of the Navy, Roosevelt played a significant role in the Spanish-American War. The Spanish, who once thrived in the new world, really only controlled Cuba now. But the Cubans attempted several times to receive their independence. The Cubans were mistreated, so the United States stepped in. War was declared against Spain by the United States. As the war went on Roosevelt began a group called the Rough Riders. This group consisted of largely cowboys, Indians, and college athletes. The group was led by Teddy and Colonel Leonard Wood. On June 30, the Rough Riders marched to Santiago. Then On July 1, the Rough Riders played a huge role in the American victory at San Juan Hill. Now with the Hills, Teddy the Rough Riders and the rest of the American troops, were ready to attack Santiago. Later, because Spain could not fight anymore, Spain asked for a peace agreement. Now Teddy was a war hero, this is nothing but help his chances for the U.S. President spot. After holding the governor spot over New York, Theodore ran as Vice President with William McKinley. On September 6, 1901 President McKinley was assassinated by, a anarchist named Leon Czolgosz. And the Rough Rider, cowboy, was now the President of the United States. "Although only 42, by far the youngest president in the nation's history up to that time, Roosevelt brought solid qualifications to the office." " No event had a more profound effect on Theodore Roosevelt's political career." As the President, Roosevelt look out for the best interest of the United States. In dealing with business, President Roosevelt was determined to see that no "Big Business" had a monopoly. As a result in early 1902, the attorney-general was ordered by Teddy to file a suit against The Northern Securities Company, which was a railroad investment company. The company controlled 3 major railroads in the Northwest. The Northwest Securities Company was charged with being a monopoly, under the Sherman Antitrust Act. The Supreme Court later ruled on the case a said the Northern Securities Company must be broken up because they were "combination in restraint of trade." Because of the success that Roosevelt won in this case, he brought charges on over 40 more Big Businesses. The most important businesses broken up by the Supreme Court, as a result of Roosevelt's actions were the Standard Oil Company and the American Tobacco Company. Because the antitrust cases were took so long to get to the Supreme Court, Roosevelt asked Congress to pass the Expedition Act, which sped the process. Roosevelt did not discriminate big businesses simply because they were big, he looked for the businesses that posed a threat to the public. "Roosevelt's action against big businesses won him the title ?trust buster'. One of the biggest challenge Roosevelt took on was getting the Panama Canal built. The United States and Great Britain signed a treaty which gave the U.S. exclusive rights to build, and operate a canal in Central America. There was some disagreement where the canal would be built, but the final decision was Panama, where a French company had been digging but went bankrupt. In June of 1902 congress passed the Isthmian Canal Act, which authorized the purchase of the French land for $40 million. But the United States also had to get control of the canal zone from what was then Colombia. Secretary of State made an agreement with Thomas Herran to purchase, the right to control the land, for $10 million plus $250,000 yearly. The U.S. Senate accepted it but, the Colombian senate rejected the offer, hoping to

The Psychologicat Effects of the Dust Bowl Essays

The Psychologicat Effects of the Dust Bowl Essays The Psychologicat Effects of the Dust Bowl Paper The Psychologicat Effects of the Dust Bowl Paper The Psychological Affects of the Dust Bowl The Dust Bowl was an added devastation accompanying the Great Depression. It lasted from 1930 to 1939 and is sometimes referred to as the â€Å"Dirty Thirties†. (Bonnifield) Lack of crop rotation and a heavy drought caused this trying time in American history. Over one third of the United States was swallowed up by dust storms with the concentration of storms being located in northern Texas, the panhandle of Oklahoma, the entire western half of Kansas, south east Colorado, and north east New Mexico. Gazit) One psychological affect experienced as a result of this great historic disaster must have been depression. With over a decade of soil misuse and a severe drought that started in 1930 the top soil virtually turned to dust and blew away with the wind. This catastrophe could have been adverted with the practice of crop rotation. Crop rotation is a technique that has been traced back to Roman times. This method prevents the buildup of pests and/or pathogens. A known occurrence when the same crop is used season after season. Specifically the rotation of deep rooted and shallow rooted crops would have helped to prevent this era in American history. This grave agricultural mistake served to devastate a large population of people. Because of the lack of top soil crops could not grow therefore farmers and their families became stricken with poverty. Soon after the dust started blowing away it created dust storms which their most fierce covered the sky and there was little to no visibility on the ground, even worse than a blizzard of today the storms were given the name â€Å"Black Blizzard† (Gazit). Entire farm machinery virtually disappeared under a blanket of dust deposits left behind by these storms. Even with the aid of relief programs from the federal government entire families still had to pick up and leave behind their land, homes, and way of life. Most of these families were referred to as â€Å"Okies† because the majority came from Oklahoma and nearly all headed west to California to escape the storms. (Ganzel) Meeting basic human needs was a day to day struggle. Because the vast majority of the families were poor they had little to no money for food often fought over food that they may have shared with others just years earlier. Another health concern during this time was the onset of dust pneumonia which is the disproportionate exposure to dust where as dust literally fills the lungs. (Cook) The condition was so common that several musicians wrote song with the most famous being Woody Guthrie’s â€Å"Dust Pneumonia Blues†. Lack of employment was another common trauma that could easily lead to depression. Having previously been able to provide food and a place of warmth and wellbeing was no longer possible for males and single mothers of the day. The conditions were so extreme families were sometimes encouraged to give their children to government agencies so they could be better cared for. Not only did the Dust Bowl affect farmers but also white collar and professional workers who now had to fend for themselves in conditions and livelihoods they were not accustomed to. J. D. Bilbro, a child of the Dust Bowl recalls being trapped within a dust storm during a day known as â€Å"Black Sunday†. He talks about how he, a friend, and their two sisters ran through the storm and it was â€Å"black as midnight, rolling and boiling along the earth like a runaway tidal wave†. (Westbrook) The Grapes of Wrath written in 1939 by John Steinbeck and published by The Viking Press is a fictional story about a family traveling across the country to California during the Dust Bowl just in hope to find jobs as fruit pickers. In preparation for writing the book Mr. Steinbeck traveled as a migrant worker for two years so that he could get a feel and understanding for how the people of this era felt and survived. Bio) In the PBS history series American Experience: Surviving the Dust Bowl in an interview conducted in 2009 with Margie Daniel-Hooker of Oklahoma, she says that even as a child she could tell her father was depressed. She says it was noticeable by the way he would just stare off into space. In the same series Mrs. Daniel-Hooker goes on to talk about her younger brother who had pneumonia three times. She speaks about how she believes her brother caught pneumonia every time due to the dust storms. Mrs. Daniel-Hooker recalls her mother giving her little brother a spoonful of medicine each night and how the both of them sat up all night with him. Then one time as her mother was giving him a spoonful of medicine he leaned back in her arms and died. She tells how her mother screamed and held him very tightly then goes on to talk about how she had many more children but after the loss of that one child was never the same again. Mrs. Daniel-Hooker spoke about how she cried herself to sleep for an extensive period and how she will never forgive herself for bringing home the Measles and how he caught them. She explains how one could overcome pneumonia but never pneumonia and measles coupled together. Both Mrs. Daniel-Hooker, and her mother suffered long term from these experiences. As with the beginning of national media photography showed and still shows today the affects the Dust Bowl had on America. Dorothea Lange was a photographer who worked for the Farm Security Administration to document the plight of the Dust Bowl and was made famous for six pictures (one in particular) she took of Florence Owens-Thompson. (Dunn) Although the pictures accurately depicted life during this era Mrs. Thompson said she was told the pictures that were taken of her would not be published. But Ms. Lange sent the pictures to the San Francisco News and the Resettlement Administration in the nation’s capital. The most well known was entitled â€Å"The Migrant Mother†. Over forty years later the nation was enlightened as to whom the Migrant Mother was. In December 2008 Mrs. Owens-Thompson’s daughter, Katherine who was also seen in the picture at an early age publicly said the picture shamed the family because it pointed out just how poor they were. Gutierrez) Although the famous photos did much for public awareness and government change, they disturbed the family members depicted for a lifetime. As a result of the Dust Bowl and complications of the Great Depression large numbers of families lives were drastically changed. Loss of homes, jobs, and poor healthcare would have encouraged psychological complications such as depression. The day to day struggle to meet basi c family needs and difficulties arising from trying to accomplish these tasks led many Dust Bowl sufferers to develop and suffer with this depraved mental state. About The Dust Bowl. Welcome to English  « Department of English, College of LAS, University of Illinois. N. p. , n. d. Web. 28 Nov. 2010. . Biography Page. Welcome to the Official Woody Guthrie Website. N. p. , n. d. Web. 28 Nov. 2010. . Bonnifield, Paul. â€Å"May, it seemed like the wind, and dirt had been blowing for an. 1930 Dust Bowl. cimarron county chamber of commerce. N. p. , n. d. Web. 28 Nov. 2010. . Cook, Ben, Ron Miller, and Richard Seager. Dust storms in the 1930s Dust Bowl. Lamont-Doherty Earth Observatory | . N. p. , n. d. Web. 28 Nov. 2010. . Drought in the Dust Bowl Years. Welcome to the National Drought Mitigation Center website!. N. p. , n. d. Web. 28 Nov. 2010. . Dunn, Geoffrey. New Times San Luis Obispo Cover Story Photographic license. Internet Archive: Wayback Machine. N. p. , n. d. Web. 28 Nov. 2010. . Freedman, Russell. Children of the Great Depression . New York: Clarion Books, 2005. Print. Ganzel, Bill. The Dust Bowl of the 1930s. The Wessels Living History Farm, the Story of Agricultural Innovation. N. p. , n. d. Web. 28 Nov. 2010. . Gazit, Chana. WGBH American Experience . Surviving the Dust Bowl . Complete Program Transcript | PBS. PBS: Public Broadcasting Service. N. p. , n. d. Web. 28 Nov. 2010. . Gerrig, Richard J. , and Philip G. Zimbardo. Psychology and life . 19th ed. Boston: Allyn Bacon, 2010. Print. Gutierrez, Thelma, and Wayne Drash CNN. Girl from iconic Great Depression photo: We were ashamed CNN. com. CNN. com Breaking News, U. S. , World, Weather, Entertainment Video News. N. p. , n. d. Web. 28 Nov. 2010. . Hariman, Robert, and John Louis Lucaites. No caption needed: iconic photographs, public culture, and liberal democracy. Chicago: University Of Chicago Press, 2007. Print. John Steinbeck Biography Biography. om. Biography. com. N. p. , n. d. Web. 28 Nov. 2010. . Popper, Deborah Epstein, and Frank J. Popper. Outstanding Articles. Internet Archive: Wayback Machine. N. p. , n. d. Web. 28 Nov. 2010. . RuneHQVideos. YouTube-Woody Guthrie Dust Bowl Blues . YouTube. N. p. , n. d. Web. 28 Nov. 2010. . Steinbeck, John. The grapes of wrath . New York: Viking Press, 1939. Print. s The Dust Bowl. United States History. N. p. , n. d. Web. 28 Nov. 2010. . WGBH American Experience . Surviving the Dust Bowl . Timeline | PBS. PBS: Public Broadcasting Service. N. p. , n. d. Web. 28 Nov. 2010. .

Aptitude In Second Language Acquisition English Language Essay

Aptitude In Second Language Acquisition English Language Essay In second language learning, motivation, attitude and aptitude relate closely to each other. It influences the learner and therefore dominates the particular individual motivation towards learning the target language. In casual observations in our daily life reveal to us that some people learn a foreign language easier, faster or better than others do (Grigorenko, Sternberg ‘integrative’ and ‘instrumental’ attitude to language learning. An integrative attitude is a desire to know and become friendly with speakers of a language, whereas an instrumental one is a desire to better oneself materially by means of the language. He adds, â€Å"an integrative attitude is more likely to lead to success than an instrumental one†. Brown (1994: 168), in his great work ‘Principles of Language Learning and Teaching’ adds: â€Å"Attitudes, like all aspects of the development of cognition and affect in human beings, develop early in childhood and are t he result of parent’s and peer’s attitudes, contact with people who are different in any number of ways, and interacting affective factors in the human experience†. Here it seems clear that there are many stimulants lead to positive or negative attitude of an individual. Nevertheless attitude can be simply defined as a set of beliefs developed in a due course of time in a given socio-cultural setting. Although it does not necessarily determine behavior but can have some impact on it. Chamber (1999) asserts that learning occurs more easily, when the learner has a positive attitude towards the language and learning. Gardner and Lambert (1972) in their extensive studies give evidence that positive attitudes toward language enhance proficiency as well. Language attitude studies explore how people react to language interactions and how they evaluate others based on the language behavior they observe. Language learning is affected by the attitude and motivation. Motiva ted, de-motivated and a motivated students have different perceptions. Their perceptions are responsible to for their attitudes.

In the instruction Essay Example | Topics and Well Written Essays - 500 words

In the instruction - Essay Example The trans-Atlantic trade was based on the need for raw materials in Europe, the ability of Africans to provide slaves and the productivity of the American continents (Gunn 102). Through the trading contacts between America and Europe, settlers gained a stronghold of the American continent and consequently became the primary producers. When they eventually sought independence, they relied on European technology to establish themselves (Gunn 113). In addition, since they came from Europe, the spread European culture and introduced European religion. Therefore, Europe played a key role in determining the course of the American history, hence the validity of the propositions of Eurocentrism. With the emergence of the age of enlightenment, there was a shift in human values and slave trade was no longer acceptable in Europe. However, slave labor was a primary source of income in other places such as in sugar cane plantations in America. However, Columbian Exchange implied that Americans relied on European values (Brown 26). Therefore, the slave trade was increasingly banned in many places. The relevance of the European values was so great that the plight for abolishment was a leading reason for the outbreak of the American civil war. This shows the dominance of European values in the rest of the world, despite the existence of differences (Brown 35). Therefore, the concepts of Eurocentrism are valid because changes in Europe produced changes in the rest of the world. The implication is that Europeans determined, and continue to determine, the course of history It is true that the world history from the 18th century is centered on the impact of the Europeans on the rest of the world. From the 18th century, Europeans became colonialists and spread European culture and values to the rest of the world (Vanhaute 76). In many parts of the world, there

Factors Influencing Process Design Essay Example | Topics and Well Written Essays - 2500 words

Factors Influencing Process Design - Essay Example The choice of materials is one factor that affects the process design of products. In the process of choosing the right material for products, there are a number of factors that are considered in relation to material choice (Cresswell, 2002). Quantity of products to be manufactured, market costs and product use are the factors associated with material choice. The material to be used should consider what environment and the product will be used. For example, when manufacturing cups for taking tea, the material used should be able to withstand hot or cold temperatures and washing. The quantity of products to be manufacturedrelates to the amount required to be sold to the target market. For example, a large amount of cups can be manufactured if many orders are required by the client. Moreover, marketing cost refers to the final product costs. The end costs of products should not exceed the cost that product will be sold in the market so long as it can perform the function it was manufac tured for and reflects the quality (Kalakul et al, 2014).Product purpose fitness and durabilityare other factors that influence product design. This means that the product should do the function it was designed for. For example, a cup is manufactured for the purposes of taking liquids such as tea. Other factors such as weight and size should be considered when designing products.The weight and size should be reasonable in order to perform its intended purpose. Therefore, when considering product fitness, designers should establish all the important elements of the product

Physics of the Human Body in Earths Gravitational Field :: physics human gravity

No Conclusion The force of gravity affects all "bodies" in the universe. How well each human falls into the imaginary line of gravity determines the energy they must have to expel to live within this force. The ideal axis for obtaining the greatest balance is one that is a strait line through the center mass of the body. This line should be identical to the one between the gravitational force between the body and the earth. The human body has adapted over many generations and there are markers that will show where a strait line should form to be properly aligned. This imaginary line connects points at the top of the head, middle of the ear, middle of the shoulder, midpoint of the hip joint, center of the knee joint, and center of the ankle joint. Finding the angles that this line forms from unevenness will explain some things about the amount of energy and mobility this person spends to stay upright. If a person is not consciously holding their muscles to stay up, they must have chronic tension in their muscles to even themselves out. Over time this tension has been programmed into their brain and the connective tissue has been bundled up to help hold the tension. This tension has most definitely limited mobility of the antagonist muscles because they must now use extra force to move. These tensions are most likely formed from the overall function of the individual. For example, if a person is a shot-putter they will build up connective tissue to reinforce themselves from the large amount of torque placed on their bodies outside of their Center of Mass. Over time, their body will adapt to resist the forces its put on it but outside of shot-put, those tensions will remain as part of the person. Eventually, the chronic torque t hat the tensions of the muscles put on the body will deform the lines of symmetry and be detrimental to the person. When people lift weights, it is almost impossible to isolate the lifting to a specific muscle due to the body's make up and connections in the brain. Phisiologicly, there are limitations to each muscle. When an isolated lift is attempted and one muscle can't do the job and more are called in that might not act directly on the lift but help in some way, it is called recruitment. Recruitment generally involves using more superficcial muscles than inferior ones and will result in a greater torque beacuse of this.

Confessions of an Economic Hitman

Confessions of an Economic Hit man John Perkins The reasons as to why I selected this book was heavily weighted on my personal interests. The fact that I am interested in matters of economics, imperialism, capitalism and deception and corruption on a government level, made reviewing Confessions of an economic hit man an enjoyable experience. â€Å"For them, this is a war about the survival of their children and cultures, while for us it is about power, money and natural resources. It is one part of the struggle for world domination and the dream of a few greedy men, global empire. † (prologue) If confessions of an economic Hit man had to be summarised in a sentence, the quotation above should give you the reader briefly; a general inquest into some of the main topics of discussion in the book. The author (John Perkins) describes in great depth the conflicts of interests between the developed and the developing world whilst integrating his life journey as part of a riveting and gripping novel. The book begins in the 1960’s and the author gives a personal account of his life, family and education threw till 1971, the year in which John Perkins became an â€Å"Economic Hit man†. Confessions of an economic Hit man tells a tale of how John Perkins amongst others exploited oil exporting countries such as Ecuador, Saudi Arabia, Iran, Venezuela and Indonesia but to name a few names, in order for them to become indebted to the United States of America. John Perkins goes into grave detail in explaining how America has become probably the most powerful political and economic force in the world. The elements of genius and deception mixed with the strategic approaches of the so called economic hit men (â€Å"EHM’s†) gives an insight as to how these oil rich countries become indebted to the powerhouses of America such as the large engineering corporations, banks, CEO’s and politicians. In order to explain how EHMs go about their work, the author has chosen to make references to the Mafia, through these references it can be understood just how these strategies where implemented in to helping the American economy grow according to the views, expressions and experiences of John Perkins. Like our counterparts in the mafia EHMs provide favors. These take the forms of loans to develop infrastrucure – electric generating plants, highways, ports airports or industrial parks. † (prolouge) EHMs pronounce the idea of taking out large loans to the leaders of some of the countries named previously. The main intention of providing countries these inflated l oans, is in the end for these countries to default on the loan payments and in turn to be indebted to the USA. An important part of the process was making sure the infrastructure that was to be built, was built by American engineering firms such as MAIN, which John Perkins initially worked for. This factor was important as a large sum of the loan was instantly injected back in to the American economy via the engineering firms. If the EHMs are completely successful and the default on the loan payments occurs (which it inevitably will) then as the author puts it so well â€Å"when this happens, then like the mafia we demand our pound of flesh† (prologue). As a result America often try to command some of the following; control over United Nations votes, the installation of military bases, or access to resources such as oil. Thus a country has been added to the â€Å"global empire†. The author tries to diagnose what is wrong with the strategic decisions being made by the American government, himself and other economic hit men in the past by showing the consequences the strategic decisions have. Not only on the ones who reap the benefits from these decisions but of those who are affected negatively. An example of this is how the indigenous people of Ecuador were affected by the oil companies invading the very environments in which those people live and the destruction of cultures, habitats, wildlife and the people of Ecuador who lived in such areas. To give another example as to what is wrong with the strategic decisions made in the past in regards to the protagonist, the Mafia reference can be referred to once again. Mafia bosses often start out as street thugs. But over time, the ones who make it to the top transform their appearance. They take to wearing impeccably tailored suits and owning legitimate businesses. † â€Å"They are quick to lend money to those in desperate straits† They appear to be model citizens. However beneath this patina is a trail of blood† (page 139) Using the mafia analogy it is clear to diagnose what is wrong with the strategic decisions that have been made in the past and are still being made now in regards to, how governments and EHMs leave behind trails of blood just as Mafia bosses can in order to carry out their business. But the â€Å"model citizens† who are in disguise such as EHMs are seen in a completely different light in that to crime lords. Many strategies have been devised by empires over centuries, these strategies and decisions have helped shape the world as it is in its present state. The author explains how strategic decisions made in the past were the wrong decisions in his opinion, as John Perkins had seen first hand the devastation that could be caused by the American government in its pursuit for a â€Å"global empire†. An example of this is how in the 1960’s, a key strategy was being implemented by the world governments. This was the switch from neoclassical economics to Keynesian economics. In America this switch happened under the reigns of presidents Kennedy and Johnson. The switch to Keynesian economics meant that the government would play a major role in managing markets and in regards to welfare: health, unemployment, compensation and other forms of welfare. This now meant that government intervention was at an all time high. The author explains how a one Robert McNamara who at the time was the secretary of defense and then went on to become the president of the World Bank, had the single most important influence on the switch to Keynesian economics. â€Å"McNamara became a strong advocate of a Keynesian approach to government, using mathematical models and statistical approaches to determine troop levels, allocation of funds, and other strategies. His advocacy of â€Å"aggressive leadership† became a hallmark not only of government managers but also of corporate executives. It formed the basis of a new philosophical approach to teaching management at the nation’s top business schools, and it ultimately led to a new breed of CEOs who would spearhead the rush to global empire. (page 79) The author goes on to stress the importance of such an event and how the decisions which lead up to Robert McNamara becoming the president of the most powerful bank in the world. The strategic decision of developing and switching to Keynesian economics which lead to the World Bank becoming an agent in the â€Å"global empire† was described by the author as â€Å"Robert McNamara’s greatest and most sinister contribution to history†. page 79) Another key Strategic decision made in 1975 this time by John Perkins was one which shaped global economics at the time. It was that of an innovative approach to economic forecasting originally formed by a Russian mathematician. This was the Markhov method of economic modeling. The strategic decision made by the protagonist in this case John Perkins was one that would affect entire societies. Of course as explained before a EHMs role was to land large loans upon the shoulders of countries which would not be capable to afford the repayment of these loans. It was exactly what we wanted a tool that scientifically â€Å"proved† we were doing countries a favour by helping them incur debts they would never be able to pay off. In addition, only a highly skilled econometrician with lots of time and money would possibly comprehend the intricacies of markhov or question its conclusions†. (page 102) Together with the help of a Dr Nadipuram Prasad, John Perkins presented Markhov as a revolutionary method for forecasting investment on infrastructure. Now backed with â€Å"facts† and figures, EHMs such as John Perkins became very successful at what they did. This shows what was fundamentally wrong with USA at the time as the implementation of such devious strategy was used to exploit countries who had lesser knowledge economically and who were desperate to have a high flying economy like that of the US and also emulate some of the US infrastructure, such as shopping malls and airports. The author tries to make it fundamentally clear that the strategic decisions made by himself and the American government were wrong in every sense of the imagination. The author paints men such as George Bush, George Shultz and Robert McNamara with the same brush. He believes under their regimes people like himself were pawns in a game in which such men wanted the result to be: â€Å":an america that controlled the world and all its resources, a world that answered to the commands of that america, a U. S military that would enforce rules as they were written by america, and an international trade and banking system that supported america as CEO of the global empire. † (page 155) Through the experiences of the protagonist and the guilt that was felt through such a personal journey John Perkins makes his confessions clear but also tries to lead the reader into new strategic directions and influence society along the way. John Perkins essentially admits to feeling regret for some of his actions but through his writings he tried to correct some of his past mistakes as he aims to educate a new generation on some of the corruption which shapes all of our futures. â€Å"Most importantly this story must be told because today, for the first time in history, one nation has the ability, the money and the power t change all this. It is the nation where I was born and the one I served as an EHM: the United States of America† (page 219) An example of this is how John Perkins makes references and implications as to how the most powerful firms in the world have at their disposal, quite essentially the power and money to change global problems such as starvation and common diseases. â€Å"the big corporations, banks and government bureaucracies – that threaten the republic could be used instead to institute fundamental changes in the world. Such institutions possess the communications networks and transportation systems necessary to end disease, starvation, and even wars – if they could only be convinced to take that course. † page 128) To this example, John Perkins mentions it on numerous occasions but this quotation would best sum up how John Perkins tries to influence the reader on reviewing new strategic directions. John Perkins does not only attempt to influence entire societies or countries as shown with the previous examples but he also attempts to interact with the reader. In the epilogue John Perkins interacts with the reader and attempts to influence the reader in implementing new strategies in their lives in an attempt to make a difference on some of the issues discussed in this book review. An example of this is where John Perkins states â€Å"so the burden falls on to you to see the truth beneath the veneer and to expose it. Speak to your family and friends; spread the word. † (page 221). In regard to this John Perkins attempts to influence people’s day to day lives, from â€Å"downsizing† homes, wardrobes cars and to even consider meditation instead of shopping. He then goes on to mention household brand names such as Nike, McDonalds and Coca Cola in a clear attempt to influence the reader that these organizations have the ability to make their primary goals to clothe and feed the world’s poorest. John Perkins almost pushes the idea of equality on the reader as he uses his strong beliefs to try and make the reader consider new strategic directions as strategy after all is not just something that is implemented on a business level but something that can be implemented in one’s life. My opinion of this novel is that I have found it to be enthralling and the argument the protagonist makes is a very convincing and detailed one. It is clear to see that the feelings of the protagonist are extremely strong. So, however strong his argument, one must consider that the story is that of one man’s opinion and in all probability, possibly biased. The main argument the protagonist makes is that of one that takes me back to the very first quotation I had used from the book, that of â€Å"greedy men, and global empire† and how it is shaping the world and how essentially things must change. An example of why the story of John Perkins could be found so convincing is an example of today’s current economic climate. The greed of the some of the world’s largest banks has lead to a recession in which very few may have predicted. This recession has of course caused many of us to struggle. I believe steps could have been taken to stop this if such high levels of deception were not amongst the CEO’s and corporate leaders of some of the world’s leading financial institutions. As I do find the protagonists story and argument convincing I do not agree with it, as in a time of extreme capitalism and globalization many of us are powerless to stop events described in the novel and a current example of today’s recession from happening. Overall the book was a more than an interesting read and possibly an eye opener to many who do not have knowledge or understanding of some of the views expressed in the book. So I would not hesitate to recommend this to anyone who takes similar interest into economics, imperialism and government corruption as I have. Word Count: 2028

Thomas Green Essay - 1336 Words

Thomas Green: Power, Office Politics, and a Career in Crisis Individual Case Analysis Kay Saeteurn BUSA 305-01 Dr. Catherine Pratt November 17, 2008 Thomas Green: Power, Office Politics, and a Career in Crisis Individual Case Analysis Power is the capability that A has to influence the behavior of B so that B acts in accordance with A’s wishes,[1] especially dependency power where a certain individual has something of importance, scarcity, and non substitutable, that another person seeks for. Thomas Green and Frank Davis both display individual power over one another causing a conflicting relationship without completing their task, which lead to a political war involving outside group members. In March of 2007, Thomas Green†¦show more content†¦Power tactics are ways in which individuals translate power bases into specific actions.[3] Based on the nine distinct influence tactics, Frank Davis uses Legitimacy and pressure to get Thomas Green to complete his job to the Davis’ ability. Legitimacy power is relying on one’s own authority position provided with the organization. Davis is Green’s boss. Under their organization and the scope of the organization al policies and rules, Davis is Green’s higher chain of command and it is reasonable that Green follows direction from Davis. An obvious example of legitimate power that Davis uses with Green is the numerous email complaints to Shannon McDonald. Davis persuades McDonald that Green is not fulfilling his position, therefore causes McDonald to send an email asking Green for a self-evaluation. The constant pressure Davis expressed toward Green was based around his working schedule. He expected Green to Atlanta during certain days and did not allow time for flexibility. Davis do not use much of rational persuasions when presenting McDonald with an e-mail regarding Green’s evaluation. This caused a downward influence and did not provide Green with the appropriate expectation. With Davis and Green’s conflicting relationship, Green practices political behavior with people outside his working group by commenting on his thoughts and feelings about Davis. Dynamic Displaysà ¢â‚¬â„¢Show MoreRelatedthomas green Essay1050 Words   |  5 Pagesï » ¿EXECUTIVE SUMMARY After working for five months as an account executive, Thomas Green was directly promoted as the Senior  Market Specialist by the vice president of the company, Shannon McDonald, because of immense potential exhibited by him. However, Frank Davis, Green’s boss, did not intend to choose Green as the new senior market specialist. Green and Davis disagreed on work styles and market projections. Green believed that the sales goals set by Davis are based on creative accounting andRead MoreThomas Green Case Study1371 Words   |  6 PagesThomas green Case Study:- 1) Thomas Green was a high performing individual and could have been a very good leader, if he would have exhibited all the qualities of a true leader. Here is an analysis of Thomas’s leadership style based on Ancona leadership model. a. Inventing:- Thomas was very good on this quality of leadership. Soon after his promotion, when he met Davis, his boss, he was able to come with many new ideas and client responded very positively to these ideas. i. Another example ofRead MoreThomas Green Case Analysis2249 Words   |  9 Pagesï » ¿Thomas Green Case Analysis Executive Summary The primary problem in this case deals with a source of tension between two employees that have recently received promotions. There are various individual factors that may be a source of conflict that the case points to; however both parties need to look beyond their own personal perspectives in order to move towards the organizational goals. In the case of Thomas Green, he certainly has a lot of maturing to do before he is able to perform wellRead MoreThomas Green Case Analysis1401 Words   |  6 PagesThomas Green Case Analysis Question #1 1. I feel that Green is underperforming in his new role. I can attribute this to a few things: I believe Green felt as if he had â€Å"paid his dues† and deserved this promotion, even though he had only been in the account executive role for such a short period of time. He wanted to â€Å"come in and dazzle them at Dynamic Displays†. Once he got the promotion, he felt as if he could take his foot off of the gas. He did not go into the new role with the sameRead MoreEssay about Thomas Green Case1081 Words   |  5 PagesDr. Premeaux Case Analysis Thomas Green: Power, Office Politics, and a Career in Crisis 1) What are the work styles and personalities of Thomas Green and Frank Davis? Thomas Green and Frank Davis use different working styles, and their personalities are also very different. When dealing with clients, Frank uses memos, proposals and also uses data to back up his proposals and give the client a better idea on what they are investing in. Thomas is more of a face to face to guy. He deliversRead MoreEssay on Thomas Green Case Study2780 Words   |  12 Pagesbrewing for months-Thomas Green’s faltering career has transitioned from the fast track to a destination of potential unemployment. We sought to analyze the factors leading up to this rapid downward spiral and what other challenges were present in the situation. We identified some of the underlying causes, and developed potential solutions and how to apply them to rectify the challenges Green is experiencing. Current Problems: The tension has developed between Davis and Green in part because ofRead MoreThomas Green Case Questions On Business Relations768 Words   |  4 PagesThomas Green Case Questions Question 1 Thomas Green is a creative and ambitious executive with impeccable marketing skills. He is a go-getter who goes out of his way to meet potential clients and pitch ideas on how to improve business relations between airlines, hotels and taxi services. His work styles involve an adept and calculated approach to marketing that is pegged on increasing customer satisfaction and amassing a high clientele (Sasser, 2011). He is also revolutionary and change-orientedRead MoreThomas Green : Power, Office Politics, And A Career Essay978 Words   |  4 Pagespeers in the workplace or even the managers superior to you, it takes a great deal of effort to ensure that the transition of roles in the workplace is as smooth as possible. In the Harvard Business School case â€Å"Thomas Green: Power, Office Politics, and a Career in Crisis,† Thomas Green, recently promoted Senior Market Specialist at Dynamic Displays faces a challenge when he and his direct manager, Marketing Director, Frank Davi s, clash in their working styles. As a result of Davis’ loss of credibilityRead MoreThomas Green : Power, Office Politics, And A Career Essay2077 Words   |  9 PagesTHOMAS GREEN: POWER, OFFICE POLITICS, AND A CAREER IN CRISIS Learning Objectives The case has four primary learning objectives: 1. Explore the role that personal work styles and politics can play in a corporate environment. 2. Explore the concepts of power and influence. 3. Evaluate strategies for constructive conflict resolution. 4. Consider a framework for developing a productive relationship with one’s boss. DISCUSSION ïÆ'’ Thomas Green’s situation. 1. The differences in work stylesRead MoreThe Case Of Thomas Green : Power, Office Politics, And A Career1384 Words   |  6 Pagesperson steps into a new position within an organization, understanding office politics and sources of power utilized by their superiors may be necessary in effective assimilation into the new position. In the case of Thomas Green, as detailed in the article titled, Thomas Green: Power, Office Politics, and a Career in Crisis (Sasser Beckham, 2008), Green’s failure to recognize the sources of power already established led his own diminishing personal power within the organization and jeopardized