Thursday, October 31, 2019

Journal Assignment Example | Topics and Well Written Essays - 500 words - 9

Journal - Assignment Example Men will spend most of their time watching sports and playing video games as well as watching violent actions. What they see will make them think that to be a real man you need to be violent and aggressive like the stars they watch in movie actions. Men should know that that is not true because to be successful you don’t have to be powerful and dominating women. Women on the other hand spend most of their time building relationships in the media. They visit social sites in pursuit of relationship which times become more involving than the face-to face meetings. Such a use of media by women should stop because they will make them think that part of their life is looking for men who to depend on. Women should spend most of their time reading on their fields and ways to make money and run a family rather than building relationships on the media. Media personalities in their programs especially commentators use some rather harsh words against women athletes. Like Don Imus refer to women basketball team as â€Å"nappy-headed hoe.† Commentators also focus on physical attractiveness of female athletes like Maria Sharapova. On the other hand they portray men as skillful and talented. Commentators’ should focus only on the skillful and how talented the athletes and should not brought in to athletics the sexual natures of the athletes. They sports like the super sport only bring us and analyze in dept the European leagues and women have very little space. We also see only men rugby on our sports channels and rarely do we see women rugby. This will affirm our cultural believe that because men participate in more physical games like rugby then they are strong. The gatekeepers in the media houses also majority are men and this should be changed to have a 50/50 representation. The gatekeepers are responsible for what we regard as more important. The first news headlines or what is on cover page of the newspapers

Tuesday, October 29, 2019

Comparison and contrast Essay Example | Topics and Well Written Essays - 1250 words

Comparison and contrast - Essay Example By analyzing these fragments and piecing them together, a modern civilization can extrapolate and theorize about long-term social changes that occurred throughout the rise and fall of empires. In Ancient Greece and Persia, in particular, one can trace the influence of individuality on those two empires’ vision of man’s place on earth. Individuality is a concept rooted in the fabric of Greek society, while it is the value of obedience to god-like authority that one sees most clearly in Persian society. These differing social, moral, and philosophic factors are all perceptible in study of the artworks that have survived from these ancient peoples. Art is particularly useful for understanding the lives and beliefs of ancient peoples because, according to one scholar, art tells a person more about the reality of something than do the bare facts uncovered by empirical investigation (McBrien 132). Because social values strongly influence the individual perception of the world , artworks created by individuals in that context share a great knowledge about the cultural understandings of that social context. Therefore, one of the most important ways of analyzing an ancient culture is to look at its art. One key aspect of any given culture is its view of the individual versus society. Some societies clearly favor an individual’s place in the world, while others clearly support the society over individuals. The bust of Pericles sits in the British Museum and is a slightly idealized version of the Athenian political leader. Although the bust as we see it today is a copy of an earlier work completed by Cresilas, it is faithful to the original and demonstrates the qualities given to the representation of Pericles by the sculptor. Pericles was a famous leader of Athens during the time of the Peloponnesian War and the construction of the Parthenon. Despite the tendency of leaders to be immortalized through history, the history of Pericles is relatively accu rate due to the quality of Athenian historians. In many ways, Pericles represents the golden age of Athens, and his bust reflects that history, without going over to extravagance. In the bust, Pericles peers off into the distance, wearing atop his head a mask of war, and keeping a thick beard. The size of the bust is realistic with respect to its dimensions and how it models an actual human being’s size. These features make the bust look very realistic and human: treating Pericles very much as a man of achievement and virtue, rather than as a god. In contrast, the Persian statue of Darius I, who was treated as a god in his empire, is a depiction of a god and not a mere mortal. It is Egyptian in character, which was a civilization known for treating its rulers as divine beings. A hieroglyphic inscription on the statue states, â€Å"Darius—may he live forever! The statue, formed as a true image of the perfect god, the Lord of the Two Lands† (Mysliwiec and Lorton 1 51). The statue lives up to this commencement: showing the figure as a towering being without attachment to the physical world. While the statue commands an instant attraction to what exactly it means, the purpose of the statue seems immediately clear: to give a sense of reverence and admiration to the leader of the Persian people. Darius clearly used the rhetoric of a godlike figure in order to

Sunday, October 27, 2019

Evaluation of the Viability of the Sukuk

Evaluation of the Viability of the Sukuk This proposal aims to evaluate the current status and the viability of the Islamic financial Securities such as Sukuk as an alternative of the conventional financial securities like Eurobond in the context of the current financial crisis. I will outline the overall aims and objective of the research and discuss the various studies on growth of Islamic finance and decline of conventional finance in the background of the financial crisis. This paper will reflect an overall structure of the whole proposal. SIGNIFICANT FOR THE RESEARCH In the financial global market, the Islamic financial services sector is analysed to be gown at double digit rate(Bley Kuehn, 2005), involving over 200 financial institutions with assets estimated to exceed US$ 200 billion(Al-Dhahiri et al, 2003). Researchers (Hamwi Aylward, 1999) already has recognised that over the last decade, Islamic banking and finance has experienced global growth rates of 10-15 percent per annum, and has been moving into an increasing number of conventional financial systems at such a rapid pace that Islamic financial institutions are present today in over 51 countries (Sole, 2007 pp:1). This research is aimed at investigating the practicability of the Islamic Financial system as an alternative to the traditional financial system especially in the context of the recent financial crisis. The fast growth of Islamic banking and finance raises different important questions: Is the development in Islamic banking and finance a result of the comparative advantages of the Islamic banking concept or is it largely attributable to the worldwide Islamic recovery since the late 1960s (Chong Liu, 2007). The fact that Islamic laws forbid paying and receiving interest promote all parties in a financial transaction to share the risk and profit or loss of the project (Qorchi, 2005). In an Islamic contract the output and the quality of the project, ensures a more equitable distribution of wealth (Qorchi, 2005). AIMS AND OBJECTIVES The overall aim of this research is to review and evaluate significant growth of Islamic finance and financial securities as an alternative of the traditional financial system and financial securities which led to the current financial crisis. The objectives of the research can be further identified as: (1). the recognition of the basic concepts of conventional and Islamic financial system. (2). How did studies deal with financial crisis and its effect on the traditional and Islamic banking system. (3). what are the effects of current financial crisis on traditional bond market? (4). How does the Islamic Finance response to the crisis? (5). Is Islamic Securities à ¢Ã¢â€š ¬Ã¢â‚¬ ¢Sukukà ¢Ã¢â€š ¬Ã¢â‚¬â€œ feasible? (6). If Islamic Sukuk is feasible then can it replace the traditional Eurobonds? (7). If it is not feasible then can it co-exist with the traditional Eurobonds? Overview Conventional Financial system Everyone has to contact with the financial system and everyone is very well aware of the financial institution like banks, building securities, and insurance companies, each providing in its own way for every day needs, such as payment facilities through banks, convenient savings and access to home loans from building societies, and car, house, or life insurance. The other financial markets, like the Stock exchange where the securities are bought and sold, are an important market though very few are directly concerned with their activities (Van Harne, 1990). All these financial institutions and markets fit together into a network which comprises the financial system or conventional financial system (Brian, 1992). The conventional financial system based on debt and the fixed rate of interest. The borrower in gaining the high fixed returns may get default as these bonds and corporate securities are not backed by the assets or gold. The burden and all risk are transferred on the issuer. Therefore in try to get high returns and greed of getting more financial share the conventional borrower and mortgage prices went up which result in the drying up the financial market and major companies got default. Islamic Financial System The Islamic financial system makes possible lending, borrowing and investment functions on a risk-sharing basis (Ishaq Mansoor, 2008). Islamic finance is fundamentally different from the conventional finance model as it is based on a profit and loss structure (PLS), which requires that a financial institution invest with a client in order to finance their needs, rather than lending money to the client. Because of the inherent risk involved in an investment, the financial institution is entitled to profit from the financial transaction (IBID). (SBP, 2007). Islamic banking and finance industry has been making breakthrough developments to become a truly feasible and competitive alternative to conventional systems at the global level as an industry adding more ethical, competitive, flexible and diversified tools and systems to global financial marketsà ¢Ã¢â€š ¬Ã¢â‚¬â€œ (Ishaq Mansoor, 2008 pp: 708). The need for Islamic banking is prompted by three considerations: (a). An Islamic investor should keep away from alliance with industries forbidden to Muslims: such as; alcohol, gambling, pornography, meat packing (of pork), weapons production, and liquor. (b). An Islamic enterprise is advised to avoid interest (riba), as well as gambling, and, accordingly, constraints exist on transactions involved in debt securities and in futures and options. (c). Many Muslim investors tend to be attracted to enterprises monitoring the Islamic ethical and moral standards (Oà ¢Ã¢â€š ¬Ã‹Å"Sullivan, 1996). The Islamic finance industry has grown by about 15 percent on average over the last three years, with more than US$500 billion now lodged in Islamic banks, mutual funds, insurance schemes (takaful), and Islamic branches of conventional banks (Jobst, Kunzel, Mills, Sy, 2008). Islamic Law prohibits charging interest (Rajesh, K.A Yousaf, T., 2000). Islamic banking is currently practiced in more than 51 countries worldwide. In countries such as, Iran, Pakistan, and Sudan, only Islamic banking is practiced whereas other countries, such as Bangladesh, Egypt, Indonesia, Jordan and Malaysia, Islamic banking co-exists with conventional banking (Chong Liu, 2007). Therefore Islamic banking, is not limited to Islamic countries as In August 2004, the Islamic Bank of Britain became the first bank licensed by a non-Muslim country to engage in Islamic banking (Chong Liu, 2007). SUKUK Islamic securities have become increasingly popular in over the last five years, both as a means of raising government finance through sovereign issues, and as a way of companies obtaining funding through the offer of corporate Sukuk (Wilson, R., 2008) as Sukuk is to be use as a tool for liquidity management (Wilson. R., 2008), the Sukuk market continues to generate strong interest by new issuers in Muslim and non-Muslim countries. Sukuk (plural of Sakk) are commonly referred to as an Islamic bond, but a more precise translation of the Arabic word would be an Islamic investment certificateà ¢Ã¢â€š ¬Ã‹Å"à ¢Ã¢â€š ¬Ã‹Å"(Thomas, 2005). The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) defines the Investment Sukuk as a certificates of equal value representing undivided shares in ownership of tangible assets, usufructs and services or (in the ownership of) the assets of particular projects or special investment activityà ¢Ã¢â€š ¬Ã‹Å"(Norman, T.,2009). Sukuk is an Islamic financial certificate, similar to a bond in Western finance that complies with Sharia, Islamic religious law. As the traditional Western interest paying bond structure is not permissible, the issuer of a Sukuk sells an investor group the certificate, who then rents it back to the issuer for a predetermined rental fee. The issuer also makes a contractual promise to buy back the bonds at a future date at par value (investropedia, 2009). Sukuk are monetised real assets (converting a government debt into available currency, especially issuing securities, that are liquid (easy to convert into cash), easily transferred and traded in the financial market (Adam, 2006). Likewise the Eurobonds are also liquid assets which are marketable and accepted by all the investors (www.independent.co.uk, 2005). Eurobonds are issued by a government, company shows potential to repay borrowed money at a fixed rate of interest at a specific time. Eurobonds are liquid and trusted bonds as it is backed by a fixed interest rate (ibid). Sukuk can be examined without any difficulty by international and regional rating agencies which facilitate their marketability (Adam, 2006). Likewise the Eurobonds are easily rated by the rating agency as these rating agencies rate these securities on the basis of the liquidity and the liabilities not on the basis of the religion and ethics (Standard Poorà ¢Ã¢â€š ¬Ã‹Å"s, 2009). As the agencies do not rate the securities on the basis of the religion, rather securities are rated on the basis of the quality and the ability of obligator to meet the obligations (ibid). Same like the similarities in the Islamic and conventional financial securities, there are few differences as well, and on the basis of that one system can be preferred on the other system. Starting from the type, the conventional financial Security is a debenture bond whereas the Sukuk are the Secured securities. Debenture bonds are those securities that is unsecured corporate bond by any mortgage, dependent on the credit of the issuer (Dictionary Reference.com, 2009). Whereas the Sukuk are backed by the real assets such as they are attached with the assets which can be turned into tradable in the future or can be replaced by the real assets (Richardson Abdl-Khaleq, 2007). Eurobonds are paper bonds whereas the Sukuk securities are really assets based security which have potential to convert the security into tradable asset in future. Secondly, the major difference in Sukuk and conventional bond is the right of ownership. As Sukuk represent the ownership opportunity in existing or well described assets whereas conventional bond represent pure debt on the issuer (Adam, 2006). LITRATURE REVIEW The relative success of the Islamic finance is remarkable (Bley Kuehn, 2005)as islamic finance institution are making progress with the grwoth rate of 15-18% which is double the average growth rate of conventional finacial institutions (Saifi, 2004). We will discuss A review of the litrature on traditional financial system (TFS)and Islamic financial system( IFS) and the security markets. That is devided into sections as will be reviewing the litrature on the decline of the popularity of the TFS and the growth of the IFS over the last two decades. The litrature review basically discuss information of three area on which research will be carried: (a) traditional banking system and its downfall, (b) islamic financial system and its growth, and (c) the empirical investigation of the feasibility of islamic financial securities to alternate the traditional finacial bonds to raise funds for the projects. BACKGROUND FOR STUDY The current collapse of banking and financial institutions raised a question as interest rate has long been recognized not only by classical and neo-classical economists but also by contemporary economists as one of the factors that determine the level of savings in the economy. Although there are cases of inconsistent findings, it is a generally accepted opinion that interest rate has a positive relationship with savings (Ahmad Haron, 1999). Generally, financial institutions perform two functions; one is to collect deposits and the other is to issue loans (Toutounchian, 1996). Depositors are guaranteed a predetermined return on the nominal value of the deposit by the bank even in most of the cases the deposits are insured (ibid). Hence it can be argued that the traditional financial system plays a passive role in the economy, is operating to face any economic fluctuations (ibid). It is argued that in these banks since the nominal value of the deposits is guaranteedshocks that can lead to banking crisis can cause divergence between real assets and real liabilities and it is not clear how this equilibrium would be corrected and how long the process of adjustment would takeà ¢Ã¢â€š ¬Ã¢â‚¬â€œ (Mohsin, 1985). This is the real essence of fund intermediary function of a traditional finance (Toutounchian, 1996). Islamic finance can simply be defined that it is based on the basic principle of the prohibition of the riba as Islamic institutions does not charge interest but rather participates in the yield resulting from the use of the funds( Lewis Algaoud, 2001). Ebrahim Safadi ( 1995) advocates that islamic finance operations are according to the profit and loss sharing principle which are superior financial security to debt for many reasons including risk sharing of the equities (Hamwi Aylward, 1999. Liu Chong(2007) are of the view that the islamic finance is not different from the conventional finance as the unique feature Profit and Loss sharing (PLS) practically is very similar to the TFS as islamic financial products based on the PLS are not interest free beacuse pegged to conventional deposits(ibid). On the other hand the basic pillar of the conventional financial system is interest rate and fixed income securities have been accepted globally in raising finance for funding large development and capital expenditures (Usmani, 2006). A fixed income security is an investment which provides a return in the form of fixed periodic payments and ultimate returns of principal at maturity (Usmani, 2006). The motivations of firms that issue global bonds is particularly to test whether firms are motivated to offer bonds in multi-markets to raise more capital, take benefit of being well-known in foreign markets and owing to poor domestic economic conditions (Tawatnuntachai Yaman, 2008). The bond market robustness converts into depression when financial crisis which started in 2007 has created the greatest financial dislocation since the Great Depression of the 1930s (Melvin Taylor, 2009). The Eurobond which are based on fix interest rate and guaranteed of fixed return failed to impress the investors in an auction (Kaminska, 2009). In addition, the loans rate set in the fixed income market will have large effect on the demand for properties, and thereby prices, one would strongly believe that securitised property prices are determined by the interest rate changes rather than the stock market (Cheong, Wilson, Zurbruegg, 2009). Financial markets are intergrated now a days and no single economy can avoid the effect of the financial crisis (Chapra, 2007). If the financial system is not responsible for the crisies then why there is a general nervous feeling that à ¢Ã¢â€š ¬Ã¢â‚¬ ¢something is wrong with the financial systemà ¢Ã¢â€š ¬Ã¢â‚¬â€œ (Stiglitz, 2003, p: 54 On the other hand, the Islamic finance manages the affair without involving the pre-agreed interest payment and receipts that replace the interest-based intermediation between the borrower and the lender with profit and loss sharing and equity based link (Bhatti Khan, 2009). CURRENT FINANCIAL CRISIS The credit crunch refers to a sudden shortage of funds for lending, leading to a resulting decline in loans available (Blog, 2008). A Credit Crunch can occur for various reasons such as sudden increase in interest rate, direct money controls by the governments and a drying up of funds in the capital market (Blog, 2008). The crisis started in 2008 in US supreme mortgage market and widely spread all over the world which raised a question that why this has system collapsed which leads the splillover effects from US sub- prime crisis to UK by far the most transparent and worrying for the authorities that exposed the tension between the central banks with respect to the provision of liquidity support facilities, the difficulties inherent in the economy for dealing with the banking crisis, defects in banking economy regulation and supervision and the glaring flaws in deposit protection arrangements (Maximilian, 2008). Islamic Finance Response to Crisis Principles of Islamic Finance The first principle has an effect on the depositors à ¢Ã¢â€š ¬Ã‹Å"behaviour and their decision-making process. The choice of action is based not only on the immediate financial returns but also on those returns in the hereafter. Since Islamic banks operate on an interest-free basis and their establishment is designed to improve Muslim communities. In the case of the second principle that involves wealth, Islam has given a clear guideline to be followed by Muslims. The essence of Islamic finance summarised by the Charles FÃÆ' ¨vre, 2006 is as following: Interest rate, taking or receiving on transactions is prohibited. Capital must have a social and ethical purpose further than pure, unfettered return; Investments in those businesses which are dealing with alcohol, gambling, drugs or anything else that the Sharià ¢Ã¢â€š ¬Ã¢â€ž ¢ah considers unlawful and unwanted, are prohibited. Transactions involving masir (speculation or gambling); gharar, or uncertainty about the subject-matter and terms of contracts are forbidden which includes a prohibition on selling something that one does not own. As the interest-earning on investments are restricted, Islamic banks obtain their earnings through profit-sharing investments or fee-based returns (Charles FÃÆ' ¨vre, 2006). Traditionally an Islamic bank offers two kinds of services: firstly; it provides services for those on a fee or a fixed charge, such as safe deposits, fund transfer, trade financing, property sales and purchases or handling investments (IBID). Secondly; those that involves joint ventures in investments and the sharing of profits and losses (Charles FÃÆ' ¨vre, 2006). REASEARCH METHODOLOGY Methodology is a set of tools, techniques, procedures and investigative methods, used to collect, store, analyse and present information. Scientific methodology involves the development of hypotheses and predictions, investigating the manipulation of particular variables while maintaining all other variables constant, using measurable, objective measures and statistical analyses in order to come to conclusions about the topic under investigationà ¢Ã¢â€š ¬Ã¢â‚¬â€œ (inspiritive.com, 2009). Research can be defined as à ¢Ã¢â€š ¬Ã…“something that people undertake in order to find out things in a systematic way, thereby increasing their knowledgeà ¢Ã¢â€š ¬? (Saunders et al, 2003). Research methods are the means by which knowledge is acquired and constructed within a discipline. It needs to be both relevant and rigorous in order to be accepted as legitimate within a particular field of knowledge (Harvey Myers, 1995).whereas Leedy Research methodology can be explained as the process ca rried out to achieve the overall aim and objectives of the research (Saunders et al, 2003). What does Research Methodology Include? The research methodology involves primary data and secondary data. The primary data collected are more consistent with our research questions and research objectives. With the help of primary data the reasons behind consumer behaviour, management decisions or problems faces in internationalisation efforts can be identified (Ghauri Gronhaug, 2005). According to Hussey and Hussey, (1997, pg.149) à ¢Ã¢â€š ¬Ã¢â‚¬ ¢original data is known as primary data, which is data collected at sourceà ¢Ã¢â€š ¬Ã¢â‚¬â€œ. Primary research provides information and data which doesnà ¢Ã¢â€š ¬Ã‹Å"t already exist. Some of the methods of primary data collection include: Focus groups, Interviews, Observation and Questionnaires (Saunders et al, 2003). According to Saunders et al., (2007, pg.272) à ¢Ã¢â€š ¬Ã…“data that have already been collected for some other purpose, perhaps processed and subsequently stored, are termed secondary dataà ¢Ã¢â€š ¬?. Data can be collected internally or externally from the available materials for literature. These materials come from books, journals, articles, research papers, conference proceedings, newspapers, theses and internet sources. It includes both quantitative and qualitative data and they can be used in both descriptive and explanatory research. Within business and management research such data are used mostly in case study and survey-type research (Saunders et al, 2003). Research Methods Generally available methodological options for Research are two: qualitative research and quantitative research (Ticehurst Veal, 2000). Qualitative Research The purpose of qualitative research is to describe a certain process or problem, to interpret a particular problem and to develop new theoretical concepts and perspectives, to verify the validity of certain problem, and to evaluate the effectiveness of the chosen particular problem (Leedy, 2005). The qualitative analysis based on meaning expressed through words, symbols, interpretations, actions and behaviour (Thornhill et al, 2003). Quantitative research Generally, quantitative research is used to answer the question about relationships among measured variables with the purpose of explaining, predicting, and controlling phenomenon ( Leedy Ormord, 2005). Whereas, Thornhill et al, (2003) stated that in quantitative analysis, the data is based on meanings from numbers. The collection results in numerical and standardised data and the analysis are conducted through the use of diagrams and statistics (Thornhill et al, 2003). The aim of the project can be viewed as qualitative, explanatory, and comparative. To fulfil these aims, the study intends to use the qualitative comparative research strategy (Bryman Bell, 2003). As Leedy Ormrod (2005) noted that qualitative researchers commonly use triangulation for the validation of the research. Comparative Analysis Given the options, qualitative research will be carried out where the literature to be reviewed will be mainly secondary data. The results obtained from the data can be validated by using the above mentioned strategies and comparative analysis which is suggested by Leedy Ormrod (2005) to fulfil the requirements of research. As the Max Weber (1968) also develop approach for social and economical analysis based on comparative method to identify that the researcher plays primary role in outlining research questions, categorizing elements of analysis, and the topics for comparison rather than assuming an objective separation of the researcher and data, as he is of the view that this kind of approach does not confuse researcherà ¢Ã¢â€š ¬Ã‹Å"s conceptualization of the under research phenomenon and phenomenon itself. Comparative analysis facilitates researcher to investigate the problem from a recognized starting point and the investigate other aspects of the object during analysis (Weber , M., 1968 cited in: Google, 2009) Data Collections and Methods In order to achieve the aims and objectives of the research a series of the reviews will be conducted on available literature on Islamic Finance and Conventional finance, particularly the Islamic securities. Islamic source of finance, Al- Quran, Sunnaà ¢Ã¢â€š ¬Ã‹Å"ah, Shariaà ¢Ã¢â€š ¬Ã‹Å"a Laws, and Hadiths books have been taken into account to get information about the Islamic financial principles, and the regulations which are applicable to the finance. This research is based on secondary data which is collected by using research techniques, procedures and instruments such as 1. Journals 2. Books 3. Libraryà ¢Ã¢â€š ¬Ã‹Å"s web based services such as ABI/Inform, Proquest system, Jstor, Emerald. 4. Newspapers 5. Internet and internet article As qualitative comparative analysis will allow the researcher to outline the research objectives and categorizing the elements of the analysis and the choice of selection of the topic to analyse. The comparative analysis will helpful throughout the research to investigate the selected topic from a recognised point and researcher will be able to investigate the other aspect of the analysis. The methodology will be persuaded towards an approach in order to analyse appraise views on the Islamic financial system and Islamic securities in detail as an alternative to the traditional financial system in the context of current financial crisis by presenting and discussing with supervisor as to how he see the future of Islamic and traditional banking following the direction in which it is undertaken. LIMITATIONS This research may have few limitations The main concern is the collection of basic qualitative data from reliable sources mainly from university web based sources and Google scholar search materials; the challenge will be the identification of the reliable sources as often there will be situation where the results can vary from source to source. Sorting the reliable data from since the resources have vast options and all of them might not be having the same facts and figures which will be may required more time than expected in research process. Another limitation that may occur and cause the research to be narrowed and summed up sooner is for the research to miss out on some useful information which would be useful if taken under consideration. As for the vastness of the topic it is a concern that could be distracting as religious validities can be possible but main focus will be managed throughout the research. This research is a qualitative comparative analysis which is depending on the secondary data that may lead research to be limited as collection of data is generally more time consuming and the time is limited and it is not possible to studied wide range of literature which can make difficult to make a systematic conclusion. Drawn Conclusion Comparison of the both system (Islamic Financial System and Conventional Financial System, major will be the Islamic financial securities and conventional bonds) will formed the ground for the conclusion depending on the information gathered from research.

Friday, October 25, 2019

The Fall of the House of Usher :: Essays Papers

The Fall of the House of Usher The story starts out with the narrator riding up to an old and gloomy house. He stresses that the overall persona of the house is very eerie. The reason he is at this house is because he received a letter from an old friend by the name of Roderick Usher. Roderick and the narrator were intimate friend at a young age but they had not spoken to each other in several years. The narrator examined the house for a great time as he rode toward the house, he noticed that the house had been severely neglected over time. That the house’s beautiful woodwork and Gothic type of architecture have not been maintenance to any degree since he had last seen it. When he arrived at the home the servant who took his hoarse and directed him to the room that Mr. Usher was in greeted him. Inside the house was also very ornate, but it to had also been left alone for to long. The entire house had a gloomy atmosphere that would put a chill down most people’s spines. When he entered the room his friend was staying in he was warmly welcomed. He could not believe the changes that his dear childhood friend had endured. Roderick was very ill for he was not able to do many things. He could only listen to certain types of sounds, eat certain foods, and he could only look at certain things. Together they to loved to read books of Gothic natures that only added to the ora of the house. Usher had a great collection of books but his favorite was the manual of the forgotten church. Roderick’s sister was also very ill with something that was never diagnosed. In the first few days of the narrator’s visit Ethelred died. She was put into a casket and then the two men carried her to a vault that was below the narrator’s room. Several night later the men noticed sound coming from the vault and went down to investigate. They began to read to each other again, but Roderick paid no attention.

Thursday, October 24, 2019

lilies of the field

The â€Å"lilies of the field† was a 1963 production directed by Ralph Nelson starred by Sydney Poiter. This movie has naturally outlined the basis of modern religious heroism during the 1960’s. Understandably, such movie plot has been created to actually instill values upon the viewers with regards the major implications of religion and beliefs on social development and social values application. The main character, Homer Smith, which is played by Poiter is considered a modern day hero in the film. The approach though is rather different as it points out that the supposed hero of the film is not in the likeness of actually accepting the task. Most likely, he refused to accept the situation that is shown to him by the people as their hero primarily because he does not believe that he has been appointed, whatsoever by God to set a source of inspiration to the people as to how they should believe in God or as to how they should react on the belief that they are portraying as Christians. As a modern day hero though, Poiter’s character showed that heroism in a religious form today is a matter of one’s own choice and not a forced manipulation from the society as a basis of what they believe into. Motivating people to move in a much noble way to assist others or the community towards progress is a matter of self-push. One must be able to believe that he is able to make change to the lives of others, until he could really affect the lives of other people in the society. In the movie of the Lilies of the field, such implication has been given a better light as the main character has been introduced to have lesser interest in the manner by which people aim to treat him. He then left to find the purpose that he is really doing his job as a handyman for. Within a certain span of time, he returns and serves the best way that he could to be able to finish his job of building the church. Although he never expected anything in return, he was given gifts by the people, given a high regard for his reputation as a builder and a rather effective organizer of their community. He might have never realized how much he affected the community that he served, however, he left a legacy of unity and truthfulness among the people of the village as he worked on their church. It is as if he is sending valuable messages to the people although he never says a word to them. His understanding of the fact that he has a job to finish as a handyman likely increased the capability that he has in affecting the people around him through his works. He has been viewed by a nun as the tool used by God to create the church that would likely bring back faith to the people in the community in which she serves. Although Smith was resentful of this responsibility at first, he later on understood why the people termed his situation as something that is God sent to their community. Likely, it was what he was working for that made him a tool for unity, faith and salvation in the community that he served. He did not actually try to do anything than what he knows he is supposed to do in a wholehearted way that he was able to directly affect the lives of those people watching him see the work he does as he tries to accomplish the mission that he knows he accustomed to complete. Reference: Lilies of the Field (1963). http://www.imdb.com/title/tt0057251/synopsis. (March 20, 2008).

Wednesday, October 23, 2019

Crime And Intentional Tort Essay

A crime is defined as â€Å"acts or omissions that are in violation of law† (West’s Encyclopedia of American Law, 1998). The states and the federal government have enacted criminal laws that define each of the crimes and prescribe penalties in case of violation or commission (West’s Encyclopedia of American Law, 1998). The two elements of a criminal offense are: â€Å"actus reus and mens rea; one is physical and the other, mental state† (West’s Encyclopedia of American Law, 1998). Thus, â€Å"actus reus must be causally related to the mens rea for a crime to occur† meaning that the evil intention of the mind must coincide with the physical manifestation through the unlawful act (West’s Encyclopedia of American Law, 1998). However, as an exception to this rule, the courts have in a line of judicial precedents ruled that in case of strict liability the person who may not be â€Å"at fault or negligent† shall be legally liable for damages to the injured party. The injured party will only have to prove that he sustained damages (West’s Encyclopedia of American Law, 1998). Moreover, courts allowed liability on the basis of the actus reus alone as being sufficient (West’s Encyclopedia of American Law, 1998). For instance, the employer is deemed liable for damages for the negligent acts of his employees while in the performance of their duties. Another example would be in the case of product liability where in the company is held liable for the injury sustained by a customer due to defective products. Crimes may be committed by natural and juridical persons. Natural persons are human beings while juridical persons are entities created by fiction of law deemed to be individuals capable of entering into contracts, owning and or possessing properties, enforcing rights and acquiring debts (West’s Encyclopedia of American Law, 1998). A corporation therefore is a person. Corporations may be held liable for civil damages for the acts and conduct of the employees it employees. This liability is known as vicarious liability (West’s Encyclopedia of American Law, 1998). Anent criminal liability, a corporation is not capable of committing a crime because it does not have a mind state–lacking in â€Å"mens rea. † It is also a legal fiction and therefore, one cannot put it behind bars. The recent years however, showed a different trend from these arguments. Nowadays, an American corporation engaged in criminal activities such as fraud can be convicted when the criminal conduct of its employee or officer is proven. The federal government through the Deputy Attorney General cited the reasons for indicting corporations as being beneficial to public interests (Thompson, 2003). It â€Å"enables the government to address and be a force for positive change of corporate culture, alter corporate behavior, and prevent, discover, and punish white collar crime† (Thompson, 2003). The federal government not only prosecutes the corporation but also the officers or agents of the corporations who apparently are guilty and culpable. Two recent cases may be cited to illustrate this point. The prosecution of Ebbers where his former finance officer testified against him, resulted in at least a total of 85 years imprisonment consisting of â€Å"one count of conspiracy, one count of securities fraud and seven counts of false regulatory filings† (Associated Press, 2005). It was also discovered that manipulation on the books of accounting resulted in the amount of $ 11 billion (Associated Press, 2005). In another case, Reliant Energy Services, Inc. and four of its officers were criminally charged for â€Å"manipulation of the California energy markets† (U. S. DOJ web site, 2004). Thus, when there is corruption in a company, disrespect for the law, fails to see to it that internal mechanisms are in place to detect fraud and corruption and thereafter fails to cooperate in the investigation, the federal government vows to criminally prosecute the corporation (U. S.  DOJ web site, 2004). In both cases, the corporations involved were charged and prosecuted because of the pervasiveness of the violations such as when directed by upper management or when in conspiracy with the other officers of the corporation (U. S. DOJ web site, 2004). The rule of respondeat superior shall apply in case the violation is an isolated case as when committed by a single officer and with a compliance program being implemented by the corporation. The company can only act through its agents and officers, thus if an overwhelming majority have committed fraud or any criminal act, then such act is considered the act of the corporation—the mens rea being the mental state of the culpable officers and agents. This is penalized in accordance with the Sentencing Guidelines. In the two cases cited, the respective companies are guilty of a felony because the charges were of serious nature with an imprisonment of more than one year (West’s Encyclopedia of American Law, 1998). Corporate crime can be a misdemeanor or a felony depending on the penalty attached by law for its commission.

Tuesday, October 22, 2019

Propose a Change to Improve K

Propose a Change to Improve K Social factors have always been a determinant element in the effectiveness of K-12 education. Various researches done on the effectiveness of K-12 education in public schools indicate that social factors such as poverty, crime, dugs and teenage pregnancies are a major influence on the effectiveness of education. In this respect, poverty can be claimed to be the leading factor that negatively impacts K-12 education.Advertising We will write a custom essay sample on Propose a Change to Improve K-12 Education specifically for you for only $16.05 $11/page Learn More Lacking financial ability to pay for a quality education or any other facilities affiliated with K-12 education has been limiting learners to achieve their academic goals. On the same note, education institutions lack basic necessities required to provide for adequate education due to poverty. There are numerous examples, where schools have been unable to access or procure the required teaching ameni ties like books, qualified teachers, desks, chairs and classrooms. As indicated earlier, poverty has a very negative impact on learners as well as the society. In fact, education is a basic need that has a cause- effect relationship on other key issues in individuals or society’s growth and development. For example, Maslow’s hierarchy of needs requires that individuals must first attain psychological needs. Education offers psychological needs for the purpose of human survival. The lack of good educations results to poverty. Consequently, this poverty results to growth of individuals who don’t have knowledge or skills to survive in a progressive community. Basically, poverty leads to lack of safety in the education system. For example, education institutions are unable to procure essential teaching amenities. Poor learners who do not access education are vulnerable to lack of safety as far as the hierarchy of needs is concerned. An example of such is when a po or society is not able to access health, employment opportunities and resources. In many of the communities, the uneducated are always the most vulnerable individuals. Such individuals indulge in crime and lack a sense of belonging and self-esteem. It is evident that education offers people with self-actualization. When the society does not educate its people, there is always a danger that such a society lacks individuals who can offer life-solving decisions. It is important to remember that education is critical to providing and teaching morality in a society. If such education lacks due to poverty, a society is also susceptible to prejudice and immorality. The solution to poverty in the K-12 education can be found in the protection and accountability of the No Child Left behind Act that was established in the year 2001. This act acclaims that all children have the same right to undergo education as any other child. In this context, the federal government has no alternative but to supplement education in public schools. Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More In this accord, low-income families will educate their children without worries. In fact, the federal governments should harness the use of education funds, by ensuring that schools effectively allocate funds to supplement provision of education services to all learners. A good remedy for poverty and its impact on education is the use of the socio-economic school integration system. The K-12 education requires learners from all races to be integrated in the same class. In this context, there requires an integration system that is consistent with economic integration within the community. This requires the society to be democratically driven in terms of education or school selection policies. In this respect, learners from diverse racial and economic backgrounds will become better citizens in the comm unity. Therefore, the integration offers learners with an exposure on socio-economic diversity among the learners themselves. Supplementing of education by the federal government is critical in ensuring that there is equity of resources among the population. This is critical, since communities are able to sustain themselves, since educated individuals are obligated to provide the society with skills and experience required to develop the community. In the long-run, individuals will become morally upright individuals in a morally upholding society. The federal government can ensure that there exists a district education agency that monitors school funds in specific regions. In this respect, school institutions are supposed to ensure that learners from low-income families are given priority in bursary funds. For example, bursary kitty for poor learners should be established in every public school. Moreover, schools can be instrumental in creating programs that integrate students from diverse socio-economic backgrounds. Such programs should be part of the curriculum. In conclusion, the above proposal offers the K-12 education with the following long-term benefits. First, K-learners will access education regardless of their socio-economic status. Secondly, the government will invest in a generation that will benefit the community in terms of skills and knowledge provision in the future. The community will also benefit from morally upright individuals. Thereby, the society will get rid of social ills such as crime, drugs and early teenage pregnancies. The proposal is a road map to ensure that education for all policy is achieved in the long-run. The cause- effect relationship of such a proposal ensures that the quality of education as well as education objectivity is aligned to individuals and communities needs.Advertising We will write a custom essay sample on Propose a Change to Improve K-12 Education specifically for you for only $16.05 $11/page Learn More

Monday, October 21, 2019

(1) Forms of business organisations Essays - Free Essays

(1) Forms of business organisations Essays - Free Essays (1) Forms of business organisations Sole Trader: Business owned by one person (generally quite small) but sole trader can have employees Counts as self-employed Individual pays income tax No need to make financial information publicly available Sole trader has UNLIMITED LIABILITY No need to keep formal accounting records No legal procedure required to end the business Business seizes when the owner dies Partnership "A group of sloe traders" Company counts as a legal person JOINT and SEVERAL LIABILITY: all partners are equally liable to all debts. Creditors will sue whoever has the most money ie whoever is most likely to pay Profits don't have to be shared evenly Can share the load/responsibilities with partners Partnerships pay income tax 3 sorts of partnerships: Traditional Partnership: defined by the Partnership Act 1890. Two or more people working together. Not a formal company but may have a trading name. Relatively small number of partners. Unlimited liability. Each partner is equally responsible for debts regardless of profit sharing ratio Limited Partnership: guided by the Limited Partnerships act 1907. Composed of a number of sleeping partners who have limited liability. You still need one general active partner with limited liability Limited Liability Partnership (LLP): governed by the Limited Liability Partnerships Act 2000. Has many features of a company but it is still a partnership. Partnership does NOT end when one of the partners dies. Limited Liability. Used mainly by professional firms eg accountants, lawyers, architects, etc. The Company Incorporated following procedures in the Companies Act 2006 Consequences of incorporation: Separate legal personality. We sign legal documents as a company, we are sued as a company, we enter in to contracts as a company (a legal entity) Shareholders have limited liability (normally the amount you invested at the start ie the nominal value of the shares) May have to sign a personal guarantee (you act as a guarantor by providing personal collateral against the debt) if you're a small company Company may be legally liable The company is owned by shareholders, run by directors/managers Public v Private Companies: Public limited= PLC, Private Limited=Ltd Specified in the memorandum PLC still has limited liability Must have at least 50000 authorised capital, 25% of which is paid up If you want to be quoted on the stock exchange you have to be a PLC. But not all PLC's are quoted on the stock exchange PLC has different reporting standards Any other company is Private(Ltd) Limited v Unlimited Companies Unlimited companies are rare Limited companies can be set up for under 200 Limited to the sum invested or what they have agreed to invest (shareholders are not personally liable) Advantages and Disadvantages ADVANTAGES DISADVANTAGES Sole Trader complete control freedom to make decisions easy to set up simple record keeping Unlimited Liability Partnership someone to share load/responsibilities with more funding to work with more expertise Unlimited Liability Limited Company Limited Liability Administratively much more complicated (2) Partnerships General Partnership: an unincorporated business where all partners have unlimited liability. You have joint and several liability Key Legislation: Partnerships Act 1890 (PA 1890) Definition (S1): The relation which subsists between persons carrying on a business in common with a view of profit' The relation which subsists - partnership is a relationship (between people) NOT a legal entity therefore it does not have a separate legal personality Between persons - a company can be a partner in a partnership, but you need at least one partner with unlimited liability Carrying on a business - (S45) covers everything (every trade, occupation or business) In common - carrying out business together With a view of profit - non-profit organisations eg charities can't be partners. Can have a partnership that fails making profit (doesn't have to have made a profit, just needs to try making a profit) Partnership starts when you start carrying on business, not when deed of partnership is signed Different Sorts of partners: Salaried Partner: receives a salary instead a share of the profits (May or may not have limited liability depending on their agreement. Decided by the courts judgement) Equity Partner: general partner who receives a share of the profits (and losses) Sleeping Partner: partner who invests in the business but doesn't actively manage the business. Court decides whether or not the sleeping partner has unlimited liability Khan v Miah (2001): 3 individuals decided to open a restaurant: bought furniture, equipment, advertised but there was a fallout before restaurant opened and partnership was dissolved - was a partnership formed? (important because if yes, then joint liability for purchases). HELD yes there was a partnership because although they hadn't started trading,

Saturday, October 19, 2019

Anthony Burgess’ View of the Impact of Wrongful Actions in Humanity as Illustrated In His Book, A Clockwork Orange

Anthony Burgess’ View of the Impact of Wrongful Actions in Humanity as Illustrated In His Book, A Clockwork Orange A Clockwork Orange Anthony Burgess, author of A Clockwork Orange, explains the theme of the necessity of evil in human nature in this novel. The main character, Alex, is despicable because he gives free rein to his violent impulses, but that sense of freedom is also what makes him human. This book was one that I thoroughly enjoyed, even though the language was hard to understand at first. A Clockwork Orange is set in a futuristic dystopia governed by a totalitarian state. Ordinary citizens have fallen into obedient complacency, unaware of the growth of a violent youth. Alex, the protagonist of the story, leads a small gang of criminals (Dim, Pete and Georgie) through the streets, robbing and beating men and raping woman. Alex ends up getting caught in his latest act, breaking into a cottage and beat up the man inside before raping his wife while making him watch, ends up with Alex being taken to prison, where they attempt to brainwash him into being a model citizen. First, I may warn potential readers that this book is not for the squeamish, when the book goes into extreme details about the violent crimes that Alex and his â€Å"droogs† (friends) commit, but the one thing that stuck with me throughout the book was the â€Å"Ludovico† technique, which was set in place by the government to brainwash the criminal into being model citizens. It effectively denies Alex, when it’s used on him, the ability to be a ‘moral agent’ and being able to freely choose between right and wrong. Because of this, Burgess creates the debate of freedom versus enforced obedience and ‘goodness’ as being the best in and for the society. In A Clockwork Orange, Burgess created a dissonant, hyperreal but easily recognisable world. The violence being slapstick and theatrical while also gruesome, and making some readers stomachs churn. The language is also a challenge, but pays off once you come to figure out what means things like ‘friends’ and ‘blood.’ The â€Å"Nadsat† (slang) spoken by the characters does more that confuse the readers at first, but it also draws the readers into Burgess’ world and makes the reader want to figure out what â€Å"droogs,† â€Å"Nadsat,† and â€Å"bezoomny† means (friends, slang, crazy). The language compels the reader to think while reading, having them try to remember what each different word in â€Å"Nadsat† means in English. The way that Alex speaks, both formally and some recurring anticlimax in his voice makes this process seem more sinister and occasionally funny. In this final chapter, Burgess has Alex growing out of his wrongdoings, looking back and regarding it as a little bit sad and embarrassing (the actions of dumb kids) and, as the clichà © goes in books and film alike, determined that his own children won’t make the same mistakes he did at a young age. It’s the redemption, and the stunningly mundane lesson of real life that made Alex grow up and realize all of the mistakes that he made as a teenager. A Clockwork Orange is an amazing book with advanced language, great descriptions and a book that thoroughly explains that theme of the necessity of evil in human nature, with the language, devices used in the text, and through descriptions.

Friday, October 18, 2019

Institution Environment of Finance Essay Example | Topics and Well Written Essays - 1000 words

Institution Environment of Finance - Essay Example The channeling of funds between the two groups mentioned can only happen accurately in the presence of particular participants and via main routes such as financial intermediaries or through the use of organized financial markets. - Mishkin and Eakins (2006) discuss that financial intermediaries can substantially reduce transaction costs that can be defined as the time and money spent in performing financial transactions for instance the exchange of assets, goods or services. One major difference between 'deposit-taking institutions' (DTIs) and 'non-deposit-taking institutions' (NDTIs) is that deposit-taking institutions are organizations such as banks and building societies, whose liabilities (assets to lenders) are primarily deposits. These can be withdrawn at short (sometimes zero) notice and usually form part of the national money supply. Non-deposit-taking institutions are organizations such as life assurance companies whose liabilities are promises to pay funds to savers only in response to a specified event. Unless the specified event occurs, it is very difficult to withdraw these funds and there is usually a considerable financial penalty for savers who do so. Similarly, contributions to a pension fund cannot be easily withdrawn until the pension falls due for payment. While the difference between Discretionary financial saving and Contractual financial saving is that discretionary is a day-to-day decision to acquire financial assets of varying kinds and in varying quantities. While contractual is the regular acquisition of a financial asset of a kind, of an amount and on a date specified in a contract. Question 3 How do money markets differ from capital markets Who are the main users of money markets Basically the difference between the capital markets and money markets is that - Capital markets are for long term investments, - Companies are selling stocks and bonds in order to borrow money from their investors to improve their company or to purchase assets. Whereas money markets are more of a short term borrowing or lending market where - Banks borrow and lend between each other, as well as finance companies and - Everything that is borrowed is usually paid back within thirteen months. Another difference between the two markets is what is being used to do the borrowing or lending. In the capital markets the most common thing used is stocks and bonds, whereas with the money markets the most common things used are commercial paper and certificates of deposits. Traditionally, differences of maturity have been used, as in Table, to create a distinction

Employment Law Essay Example | Topics and Well Written Essays - 2000 words - 6

Employment Law - Essay Example Theopopolous. In addition the respondent has failed to abide by the statutory requirements pertinent to employment conduct and employment termination procedures. Originally, discrimination under the RRA 1976 can be committed in three ways: direct discrimination, indirect discrimination and victimisation. The primary distinction among the three is that in direct discrimination it is the respondent which treats the complainant comparatively less than the others by reason of the latter’s racial or ethnic origin, in indirect discrimination, it is the condition or requirement which becomes the tool of discrimination because such condition cannot be complied with by the complainant by reason of his racial or ethnical custom and beliefs, and in victimisation, the discrimination occurs after the complainant has filed a case of discrimination or done any other previous act testifying or informing others of such discriminatory practices by the employer (Race Relations Act 19976). In 2003 however, the RRA 1976 was amended to include another category – harassment – now integrated into the law as Section 3A. The said section states: The case of Gravell v London Borough of Bexley, [2007] UKEAT 0587_06_0203 which treats of racial discrimination in employment through harassment finds parallelism in the present case. The case was an appeal for a review of a part of a decision of the lower employment tribunal which struck out two specific allegations of the complainant: first, the policy of the respondent employer not to challenge racist comments, and; second, the failure of the respondent employer to correct the racial harassments made by her co-employer through test messages even though she specifically brought them to its attention. The lower tribunal’s rationale for its decision was that the allegations did not have much chance of success in the light of the obiter dictum made by the House of Lords in the case of Pearce v The Governing Body

Gun Control Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Gun Control - Research Paper Example And there are people, who support the laws, which give them permission to use the guns to protect themselves or for other purposes, as they believe that it will be safer to live in such environment. Today more than 60% of all crimes and murders are performed with the help of guns. However, the gun control issue became urgent in late 1960s, when the crime rate significantly increased. Murders and assaults were increasing in number for about 30 years. People believed that introducing the laws, which will restrict the gun sale, would improve the situation. According to statistics, 70% of US population believed in this idea and supported it. However, starting from 1994 the crime rate started to decrease (at present the crime rate in the US is 17%  less than 10 years ago), and today only roughly half of the population (about 49%) support strict gun control (Barret "Why Gun Control Is Basically Dead"). Recent accidents, which deal with mass shooting and killings of people in the US, are the reasons why common citizens worry. The accidents at Virginia Tech University (33 deaths), the American Civic Association in Binghamton, New York (14 deaths), elementary school in Newtown, Connecticut (28 deaths), movie theater in Colorado (12 deaths) and other places (Barret "Firearm Sales Up + Crime Down = Gun Control Dead", Barret "Why Gun Control Is Basically Dead", "Gun Control vs. Gun Rights"), make people worry about their own lives and lives of their children, relatives and close friends. The misuse of small weapons is also considered to be one of the vital safety problems in the world. The number of small arms, used by people, significantly increased after the end of the  Cold War. Small weapons are available everywhere in the world, easy to buy and easy to keep unnoticed. Some experts state, that more than 60% of all crimes are committed with the help of small

Thursday, October 17, 2019

Reflections Associated with I Just Wanna Be Average Essay

Reflections Associated with I Just Wanna Be Average - Essay Example Rose in this book presents his fellow students as products of environment they are in. During the time he was in vocational school, he is presented to us as an average student who is rarely noticed in class. Mike Rose is not limited by his brains but by his surrounding and the fact that he is a vocational student. It is ironic that in this particular category as student they are not expected to do well even by their own teachers. Students in this surrounding have low expectations and as a result, they perform poorly because that is what they are made to believe. In reality, there is a choice to perform well, but students in most cases follow the standards or levels set by the teachers. What makes this book outstanding is the fact that Mike Rose is placed in these classes as a result of confusion but, due to his strong character and determination he decides to take the enrollment. Even though, a student Rose closely examines his teachers and fellow classmates. Through his essay, he ex plains that his teachers act as if they do not want to teach; in a much-unexpected way, they use violence and lack of teaching plans to control students. This act negates the rule that students need motivation from their environment and especially their teachers. However, Rose looks at these from both sides and states that his fellow classmates do not express any desire to learn. Students in this essay paint learners who are into fights, parties and slacking off as non-performers and lack academic visions (Joy 2008). The value of student determination is illustrated through Rose because he has to travel to school using two buses. His first bus leaves him midpoint from South Los Angeles and second one takes him through forests and lots of flowers as he mentions in the essay. He also discovered some special qualities from his fellow students, which reveals one, fact that students are not as bad as they seem there is always what can be done. One of his classmates that caught his attent ion was Ken Harvey who always gave sincere answers. When asked about his expectations, he states, that he wants nothing but be average. Rose analyzes this situation further why Ken thought in such a way. He attributes these to the difficulties that students go through in their school years. Rose argues that life is wild and confusing at this particular stage of development and that by settling for low standards makes their lives a little bearable. These theory he later confirms when he joints a typical school. The standards that are set are high for him and he feels like he should be a common student, like Ken. The idea that students will always strive to achieve the set standards comes into play when Rose’s Dad dies. He is left alone and feels like he is not going to make it, fortunately at this particular time a man named Mr. McFarland is introduced as their English teacher, these man comes in with disorder and eccentrics. Despite these Rose finds he likes the teacher becau se he has his students at heart and encourages them to work hard. As a result of this attitude rose finds himself interested in learning more than ever, eventually the teacher convinces him to enroll for college education. Through his effort and encouragement from McFarland, Rose ends up perusing college education and finds his true self. This essay reveals many interesting facts about motivation in

Competitive Forces and Strategic Issues in the Smartphone & Tablet Assignment

Competitive Forces and Strategic Issues in the Smartphone & Tablet Industry. Apple Inc - Assignment Example According to Utterback and Abernathy (1975) such a shift in a company’s strategic focus can be a major challenge but also have important competitive benefits. The challenge arises for example from the need of organizational restructuring and acquiring new capabilities to enable a successful transition from products to processes. The important benefits in this case were that the change in strategic shift allowed the organization to take advantage of the effects of the technological discontinuities to the industry. The emergence of the mobile Web and related technologies initiated a new technology cycle that shifted the consumer electronics industry towards smartphones and tablets. These gadgets have consolidated functions that previously required use of multiple devices such as cameras, music players, video players, computers and telephones into a single device. Industry lifecycle theory has long postulated that industries evolve through distinct phases and that each phase is associated with different basis of competition at the firm level. In the traditional industry lifecycle model the basis of competitive strategy changes from product innovation to process improvement as the industry evolves (Utterback & Abernathy 1975). However, in the enhanced model, Cusumano et al. (2006) proposed service as an important component of this shift in strategy as the industry evolves. ... The challenge arises for example from the need of organizational restructuring and acquiring new capabilities to enable a successful transition from products to processes. The important benefits in this case were that the change in strategic shift allowed the organization to take advantage of the effects of the technological discontinuities to the industry. The emergence of the mobile Web and related technologies initiated a new technology cycle that shifted the consumer electronics industry towards smartphones and tablets. These gadgets have consolidated functions that previously required use of multiple devices such as cameras, music players, video players, computers and telephones into a single device. Industry lifecycle theory has long postulated that industries evolve through distinct phases and that each phase is associated with different basis of competition at the firm level. In the traditional industry lifecycle model the basis of competitive strategy changes from product in novation to process improvement as the industry evolves (Utterback & Abernathy 1975). However, in the enhanced model, Cusumano et al. (2006) proposed service as an important component of this shift in strategy as the industry evolves. This discussion uses the enhanced model, shown in Appendix A, together with Porter’s five forces to provide an in-depth analysis of the competitive forces and strategic issues shaping the smartphone and tablet industry from 2011 onwards. The three major forces that shall shape the future of this industry are threat of entrants, buyer power and industry rivalry. 1.1. The weaker forces 1.1.1. Power of suppliers This is probably the weakest competitive force in this industry. The smartphone and tablet industry is dominated by five companies

Wednesday, October 16, 2019

Gun Control Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Gun Control - Research Paper Example And there are people, who support the laws, which give them permission to use the guns to protect themselves or for other purposes, as they believe that it will be safer to live in such environment. Today more than 60% of all crimes and murders are performed with the help of guns. However, the gun control issue became urgent in late 1960s, when the crime rate significantly increased. Murders and assaults were increasing in number for about 30 years. People believed that introducing the laws, which will restrict the gun sale, would improve the situation. According to statistics, 70% of US population believed in this idea and supported it. However, starting from 1994 the crime rate started to decrease (at present the crime rate in the US is 17%  less than 10 years ago), and today only roughly half of the population (about 49%) support strict gun control (Barret "Why Gun Control Is Basically Dead"). Recent accidents, which deal with mass shooting and killings of people in the US, are the reasons why common citizens worry. The accidents at Virginia Tech University (33 deaths), the American Civic Association in Binghamton, New York (14 deaths), elementary school in Newtown, Connecticut (28 deaths), movie theater in Colorado (12 deaths) and other places (Barret "Firearm Sales Up + Crime Down = Gun Control Dead", Barret "Why Gun Control Is Basically Dead", "Gun Control vs. Gun Rights"), make people worry about their own lives and lives of their children, relatives and close friends. The misuse of small weapons is also considered to be one of the vital safety problems in the world. The number of small arms, used by people, significantly increased after the end of the  Cold War. Small weapons are available everywhere in the world, easy to buy and easy to keep unnoticed. Some experts state, that more than 60% of all crimes are committed with the help of small

Competitive Forces and Strategic Issues in the Smartphone & Tablet Assignment

Competitive Forces and Strategic Issues in the Smartphone & Tablet Industry. Apple Inc - Assignment Example According to Utterback and Abernathy (1975) such a shift in a company’s strategic focus can be a major challenge but also have important competitive benefits. The challenge arises for example from the need of organizational restructuring and acquiring new capabilities to enable a successful transition from products to processes. The important benefits in this case were that the change in strategic shift allowed the organization to take advantage of the effects of the technological discontinuities to the industry. The emergence of the mobile Web and related technologies initiated a new technology cycle that shifted the consumer electronics industry towards smartphones and tablets. These gadgets have consolidated functions that previously required use of multiple devices such as cameras, music players, video players, computers and telephones into a single device. Industry lifecycle theory has long postulated that industries evolve through distinct phases and that each phase is associated with different basis of competition at the firm level. In the traditional industry lifecycle model the basis of competitive strategy changes from product innovation to process improvement as the industry evolves (Utterback & Abernathy 1975). However, in the enhanced model, Cusumano et al. (2006) proposed service as an important component of this shift in strategy as the industry evolves. ... The challenge arises for example from the need of organizational restructuring and acquiring new capabilities to enable a successful transition from products to processes. The important benefits in this case were that the change in strategic shift allowed the organization to take advantage of the effects of the technological discontinuities to the industry. The emergence of the mobile Web and related technologies initiated a new technology cycle that shifted the consumer electronics industry towards smartphones and tablets. These gadgets have consolidated functions that previously required use of multiple devices such as cameras, music players, video players, computers and telephones into a single device. Industry lifecycle theory has long postulated that industries evolve through distinct phases and that each phase is associated with different basis of competition at the firm level. In the traditional industry lifecycle model the basis of competitive strategy changes from product in novation to process improvement as the industry evolves (Utterback & Abernathy 1975). However, in the enhanced model, Cusumano et al. (2006) proposed service as an important component of this shift in strategy as the industry evolves. This discussion uses the enhanced model, shown in Appendix A, together with Porter’s five forces to provide an in-depth analysis of the competitive forces and strategic issues shaping the smartphone and tablet industry from 2011 onwards. The three major forces that shall shape the future of this industry are threat of entrants, buyer power and industry rivalry. 1.1. The weaker forces 1.1.1. Power of suppliers This is probably the weakest competitive force in this industry. The smartphone and tablet industry is dominated by five companies

Tuesday, October 15, 2019

Crunchie Bones Essay Example for Free

Crunchie Bones Essay The aim of this experiment is to test whether or not a Crunchie bar could be used as a bone replacement. If this were possible the crunchie would have to be strong enough to support the patients life style. The Crunchie bar will be used to replace a leg bone. After the experiment I will calculate the ultimate breaking stress of the Crunchie and then compare this to the ultimate breaking stress of a leg bone. I will calculate the stress by using the formula: The apparatus is going to be set up as follows: I will tighten both of the G-clamps by 90 at the same time, then I will read off the force on the dial of the scales. I will read the dial from directly above otherwise parallax may occur. I am using three crunchies at the same time, as this will be more reliable. To make the measurements accurate I will calibrate the scales after the crunchies and wooden boards have been put on to it. I will ensure that the G-clamps are placed in the middle of the blocks so that the pressure off these blocks is spread over all of the bars, and not just on one side. The safety aspect of this experiment is that the G-clamps may fall off and cause an accident. Results Degree turns ( ) Force in Newtons (N) 90 58.8 180 147.0 270 264.6 360 431.2 450 617.4 540 833.0 630 1038.8 720 1185.8 810 1176.0 900 1127.0 990 1097.6 1080 1097.6 1170 1097.6 1260 1097.6 1350 1097.6 1440 1097.6 I have, as accurately as possible, measured the surface area of one crunchie, the measurements were: 140mm x 25mm = 3500mm To use the stress formula the surface area needs to be in m , to get this I will: 3500 x 1000000 = 0.0035m As I have used three crunchie bars I will need to times the above value by 3: 0.0035 x 3 = 0.0105m Using the above results table I have constructed a graph. As it and the results table shows the crunchie bars held up against a great force, then went the force reached 1190.0N, the crunchie bars crumbled. This meant the up ward force from the crunchie bars went and the force dropped down to1097.6N this force continued when the G-clamps were continued to be turned. Calculations By doing the following calculations I will determine the ultimate breaking stress of the crunchie bars for one leg. Stress ( ) = force (f) Area (A) Stress ( ) = 1190.0 N 0.0105 m Stress ( ) = 113333.3 Pa = 11 x 10 Pa Due to inaccuracies of the scales I am going to calculate the maximum and minimum values of the force and then calculate the breaking stress due to these differences. Maximum force = 1200 N Minimum force = 1180 N Maximum Stress = 1200 N 0.0105m = 114285.7 Pa (1dp) = 1.14 x 10 Pa Minimum Stress = 1180 N 0.0105m = 112380.9 Pa (1dp) = 1.12 x 10 Pa I have accounted for the inaccuracies of the scales and of the turning of the G-clamps by drawing error boxes on the graph. The size of the error boxes is 20N x 36 . Further calculations will determine whether or not the crunchie bar would be a suitable replacement for a leg bone. Average mass of human = 60kg Weight = mass x gravity = 60 x 9.8 = 588 N Area of crunchie bar = 0.0105m Area for two legs: 0.0105 x 2 = 0.021m Stress = F A = 600N = 600N 0.021m 0.0105m = 28571.4 (1dp) = 2.8 x 10 Pa Stress = 57142.9 Pa (1dp) (1 leg) = 5.7 x 10 Pa By using question eight from the section Spare Part Surgery in the Salters Horners Advanced Physics book I can see that the crunchie bar would not be able to be used as a bone replacement. This is because the value given in the book for stress on the leg bone when someone standing still is 10 Pa and so is bigger than the 2.8 x 10 Pa, therefore the crunchie would shatter when under this stress. When investigating further and by using question nine from the section Spare Part Surgery in the Salters Horners Advanced Physics book I found that there is a bigger value for stress when the person moves or in the case of question nine, jumps off a wall. The below calculations show that the crunchie bar would be unable to with stand the stress of the patient moving: Height of wall = 1.5m Time taken = 0.1s Gravity = 9.8ms = 9.8Nkg Mass = 70kg a = v t = 5.42 0.1 = 54.2 ms F= ma = 70kg x 54.2ms = 3.80 x 10 N Calculations for crunchie bars: Area of both legs = 60 x 10 m Area of crunchies = 0.0105m Calculations for bone: Man lands on two legs = 0.0105 x 2 Stress = F = 0.021m A Stress = F = 3.80 x 10 N A 60 x 10 m = 3.80 x 10 N = 6.3 x 10 Pa 0.021m = 18095238.1 Pa = 1.8 x 10 Pa These calculations show that the crunchie bar could not with stand the stress when the patient moved. This is shown in the calculations because the value of stress on the crunchie bars when put in this situation is greater than that of the leg bones. Therefore the crunchie bars would break. Overall this experiment has shown that a crunchie bar could not be used as a suitable bone replacement as it would not be able to with stand the ultimate breaking stress of a person if they were standing still or if the person was moving. If I had more time to continue this experiment I would make a piece of apparatus, like a protractor, that enabled me to measure the degree turns that I made when turning the G-clamps making my measurements more accurate. Using the apparatus I could also make more turns such as 45 turns as well as 90 turns.

Monday, October 14, 2019

Why Is Recycling Important?

Why Is Recycling Important? Recycling is a process where waste or used products are reproduced into new products. A product which has served its own purpose will be discarded, and recycling is an effort to extend the usage life of a product, thus bringing a lot of benefits to humanity and the mother earth. Most items around us are recyclable, although there are specific techniques used to recycle different material, including metal, plastic and paper. The entire process of recycling involves 3 basic steps. The used material has to be collected, and then sorted according to its material. The second step involves producing usable goods from the sorted items. After the goods were produced, the last step requires selling of the reproduced goods to the general mass, consumers or a specific market. As the reproduced goods are sold and reused, the entire process of recycling is complete and will make way for another cycle to come. Why is recycling important? Recycling helps preserve the environment in addition to providing more usable objects to people without the need for extra resources. Its importance can be seen in multiple ways. Below are the reasons in which recycling can be beneficial: Recycling Saves the Earth Recycling a material can help preserve the environment. For example, recycling the paper can result in paper production without additional tree falling. By recycling more paper and selling it to consumer, more papers can be used without further damaging the forest than its current rate of tree falling. Recycling Saves Energy Recycling a material takes less energy than to produce an item from virgin materials. For example, an aluminum product uses both the aluminum and the huge amount of energy to produce it from raw ore. Thus by recycling an item made of aluminum, we can reuse the metal again and also save on the huge energy which helps preserve the environment. Recycling Helps Mitigate Global Warming and Reduce Pollution One of the biggest benefits of recycling is saving energy. Energy saving results in less emission of carbon or greenhouse gases which are a by-product created by energy production, which are detrimental and harmful to the environment if released to the atmosphere. Recycling Reduces Waste Products in Landfills Waste which are not recycled usually ends up in the landfill. It is here that the waste are left to rot or decomposed, and this may take many years of even generations to fully decompose. More and more waste are being sent to the landfills, and if recycling does not take place, the landfill may be right behind our homes in the future. Recycling Helps you Save Money Recycled products usually cost less. Using existing material and a lot less energy, recycled product can be sold for a fraction of the same item created using virgin materials. Apart from that, selling waste for recycling purposes converts garbage into useful cash. Recycling can also be done at home, and taught to the children as a good habit to be nurtured. Biodegradable waste can be used as fertilizer for plants. Creativity goes a long way in saving money and saving the planet Earth. Recycling becomes increasingly important in a world where the population is booming. More and more products are being churned out to consumers. If these products are not recycled at the end of the product life, it will take generations to break down or decompose. Applications of Recycled Materials Application of Recycled Glass Man has found ways to recycle glass. This in fact, is highly recommended and beneficial to the manufacturing line as it is easier to produce and cost less. Crushed glass known as cullets, melts easier and faster and cost less than the raw materials used to produce glass. This practice is endorsed by the US Environmental Protection Agency as a better and greener way to produce glass. Common Non-container Uses According to Glass Packaging Institute, recycled glasses are best to be used for its initial purpose before it was being sent for recycled. For example, glass bottles are best recycled to be made into glass bottles, and those which does not qualify in the container manufacturing standards can be channeled to other usages such as fiberglass. (See References 2) Aggregate Materials Realize it or not, were driving over glass every day in our lives. Parking lots and concrete pavement has grounded glass composition. Grounded glass as an effective base material enhances the performance of the gravel in the mix, and sometimes is independent of other materials when used as a base. Glass-phalt is a material applied to making roads, including airport runways and highways, making the surface to have higher friction coefficient, less slippery and less likely to crack. Glass-phalt is made of recycled glass. Recycled glass is also used to make glass beads, which in turn is used to make reflective paint on the road. Abrasive Media According to the Clean Washington Center, the usage of recycled glass as abrasive media is known as base load market. It is verified that recycled glass has equal or better quality than traditionally used abrasive media, such as aluminum oxide or walnut shell. This makes recycled glass highly competent in the surface preparation of manufacturing equipment components and even ships. Furthermore, less recycled glass is required to produce the same job when compared with usage of traditional mineral. Moreover, glass has the advantage of being non-detrimental to health with no silica exposure dust. Landscaping Green-scaping is a term used for landscape products which are manufactured using recycled glass. Glass does not absorb moisture unlike its wooden counterpart, thus improving water delivery. It also comes in various colors to choose from. Manufacturers use crushed porcelain in concrete slab in addition to the recycled glass to decorate pathways and patios Application of Recycled Paper Placing the paper in the recycle bin helps re-create paper from existing resources. This diverts the waste meant for landfills into usable products which uses less energy, water and material to produce. How Much Paper is Recycled? How much paper is actually recycled? Research shows that the amount of paper being recycled has reached record levels. According to the Paper Industry Association Council, In 2008, 57.4 percent of the paper consumed in the U.S. was recovered for recycling. This impressive figure equals 340 pounds for each man, woman and child in America. Limits on Paper Recycling Papers are limited by the fiber it contains. As paper is recycled each time, it breaks down into pulp. This can be done for a maximum six or seven times. The fiber then will be shortened each time until it is not usable. Office Grade Paper Office grade papers are the highest quality papers in the cycle of recycling. Its quality and firmness plus its sturdy fibers, this type of paper are often recycled back into its initial grade. However, bleaching is required to reproduce its whiteness. Newsprint Papers used for newsprint are often low quality paper, therefore it cannot be recycled into better quality paper. As paper cannot be upgraded through recycling, the paper used for newsprint are often recycled back into its initial usage or lesser grade Cardboard Cardboard, whether corrugated or pressboard, is made of the lowest quality paper. If its ever recycled, it can be used for packaging. Producing boxes or cartons is ideal, as the color or brightness dulls overtime as it is recycled, and packaging boxes like cartons rarely considers color as an important factor. Tissue Tissue can be a form of recycled product. Since strength of paper is not an issue, unusable fibers are usually used for producing tissue. Other Uses for Recycled Paper There are many other products that are produced using recycled paper: coffee filters, diapers, egg cartons, shoe boxes, napkins or insulation. Application of recycled Plastic Recycled plastic can be used in many applications and products, such as packaging, construction or automobile components. Packaging Recycled PET or HDPE is primarily used in packaging by retailers. Household names such as Coca Cola, The Body Shop or MS commonly use recycled plastic in some of their products. Use of recycled plastic helps demonstrate a brand image towards commitment to sustainable resource use. Construction Recycled plastic is used a lot in construction materials, such as drainage pipes, ducting or flooring. It is innovated into scaffolding boards or kerbstones, where its durability and weight has superior benefit to Health and Safety purposes. Landscaping Landscaping uses recycled plastics to be made into walkways, jetties, pontoons, bridges, fences and signs. Durability, low maintenance, vandal resistance, and its resistance to rot are all key reasons for plastic being used. Textile fiber / clothing Polyester fleece clothing and polyester filling for duvets is frequently made from recycled PET bottles (e. g. soft drink and water bottles). Polyester fiber is the biggest single market for recycled PET bottles worldwide. Street furniture Street furniture, seating, bins, street signs and planters are frequently made from plastic. They are cost competitive and resistant to vandalism. Local authorities and schools are able to demonstrate recycling in action by specifying recycled products. Bin liners/ refuse sacks Plastic film from sources such as pallet wrap, carrier bags, and agricultural film are made into new film products such as bin liners, carrier bags and refuse sacks on a large scale. Application of Recycled Metal The functions of metals like steel, copper, and aluminum was revealed thousands of years ago. Their properties and characteristics of strong, durable, malleable and high conductivity are highly important in a wide range of products today. However, metals are resources of the Earth which has finite quantity and not replenish-able. Metal deposits are non-renewable resources that will run out if it is continued to be mined at the current rate. Therefore, it is highly important to recycle metals. Metals can be recycled without losing any their key properties. Inefficient recovery of metals from industrial and consumer waste increases the pressure on the non-renewable resources of the Earth from which they are extracted. Discarding metal is bad for the environment due to the release of metallic particles in the ecosystem. Recycling and metal recovery from the waste stream is essential in preserving valuable resources and the environment. Recycling metals are effective because they can be recycled for infinite times, making them extremely friendly to the environment. Metals differ from polymer plastics in a way that the characteristics are maintained regardless of the physical or chemical form, although it might be costly. Aluminum The extraction of aluminum from its ore requires huge amount of energy. To extract aluminum from alumina is a complex process. Recycling aluminum only takes about 5% of the energy used compared to producing it via mining, and thus only releases 5% of the CO2 emission. This in addition decreases the amount of waste being transported to the landfill. A recycled aluminum can save enough energy to run a television set for 3 hours. For example, recycling 1kg of aluminum saves up to 6kg of bauxite, 4kg of chemical products and 14 kWh of electricity. Steel Iron is extracted from iron ore which is common and highly abundant. Usually found in a combined form with oxygen or other elements like sulphur or carbon. Huge amounts of energy required to extract the iron from the ore. Over 11 million tons of iron and steel scrap are produced every year. From this amount 70% are recovered. Of the remaining quantity, 60% is sent to the landfill. Every ton of steel recycled can save 1.5 tons of iron ore, 0.5 tons of coal, 40% of the water used in production, 75% of the energy required to extract steel from the raw material, 1.28 tons of solid waste, decrease in air pollution emission of up to 86%, and reduction of water pollution release by 76 %. Recycling Metals / Other Metals to Look Out For Copper, nickel, brass, lead, gold, silver, etc. can all be recycled. Since these metals are all quite valuable only a smaller quantity is in circulation. The recovery of these metals is sometimes ignored especially when they are used in households and these items are disposed of by the householders. Application of Recycled Oil Did you know? That used, second-hand oil can be further re-refined into base stock for lubricating oil? And also, if you recycle just 2 gallons of used oil, it is sufficient to generate electricity to run the average household for almost 24 hours. Cars, like many transportation vehicles, are an essential part of life for many of us. What is done with the used oil, whether to dispose of it or to recycle it plays a significant role in balancing our desire for convenient transportation with our hope for a clean and healthy environment for our children? We are all familiar with recycling newspapers, aluminum cans, glass and plastic bottles, but many of us are not even aware of the efforts carried out by giant petroleum industry to promote used motor oil for recycling, for example, providing convenient collection sites for the purpose of keeping used motor oil out of our water supplies and making sure that the oil goes back into the recycling cycle. Oddly enough, even after it has been drained from an engine, motor oil retains some of its value. The oil collected can be recycled to save energy. Many institutions, schools or plants process the used oil for electricity generation. Some plants even process it to be used for engine oil again. As consumer, we can send our used oils for recycling by taking it to the collection center. If our cars are taken to the car service center, we can be fairly certain that the oil will be recycled after they change. Additionally, we can make a difference by recycling the oil from our car, truck, motorcycle, boat, recreational vehicle or lawnmower. By dropping off our used motor oil today we help prevent pollution and conserve energy for a safer and healthier tomorrow Recycling used motor oil keeps oil out of landfills and ensures that this oil is available for re-use, reconditioning, reprocessing or re-refining. In fact, the best oil for the sake of environment is the longer lasting oil, making sure that less oil is generated. As much as over 380 million gallons of used oil is recycled every single year according to the U.S. EPA, which is equivalent to over 50 percent of all motor oil purchased annually. Currently, used motor oil can be re-used or recycled in one of the three known ways reconditioning, reprocessing or re-refining. Re-refining With modern and sophisticated method, refining can be done with accurate feed and stringent quality control. Used motor oil can be processed to remove any impurities so it can be reused as a base stock for the new lubricating oil. This effectively extends the lifespan of the oil, making it reusable for many times without sending it to the landfill. At the present, less than 15% of used motor oil is refined and the consumer demand for refined used motor oil is low, making it hard to sustain for business. It is important to note that the purchased refined used motor oil comply with the oil specifications as set by the vehicle manufacturer. Reconditioning In some industries, oil is filtered or clean in commercial scale machine. Although it may not convert the oil back to its prime quality, it can remove impurities and key additives can be added to extend its life and functions. Re-Use and Reprocessing Both motor oil and fuels are petroleum product. As lubricant, when the oil has ceased functioning, it can be reused to be burned as fuel without the need for further treatment. Water and certain particles may need to be removed earlier before the oil can be burn for electricity generation. 74% of all oil recycled in the United States of America is for the purpose of fuel combustion in turbines, incinerators, power plants, cement kilns and manufacturing facilities. An additional 11% of used motor oil is burned in specifically designed industrial space heaters. This creates a valuable form of energy, which helps our economy by avoiding the need to refine new commercial heating oil from imported crude oil. Conclusion

Sunday, October 13, 2019

Occupational Stress Essay -- Health, Diseases, Anxiety Disorders

Does occupational stress affect mental health and well being? This is one of the most important questions in human wellbeing. So far, medical research indicates that occupational stress is a major problem for our mental well being. Research has not only proven that occupational stress harms are mental wellbeing but our physical wellbeing also. In the research done by Articlebase and published by Paul Hata author of â€Å"The Effect of Stress on Mental Health† (2008), he explains that a person exposed to long-term, unrelenting severe stress is particularly susceptible to experiencing a mental breakdown. Mr. Paul Hata explains how stress can be defined as the condition or the situations that disturb the normal functioning of physical and mental health of an individual. In this paper we will discuss how occupational stress can lead to major mental health issues. Further research indicates how extreme stress conditions are harmful to human health but a moderate amount of stress is acceptable (as cited in Articlebase, 2008). Paul Hata (2008) writes about how extreme stress can increase blood pressure and how the body releases a stress hormone in the blood. This hormone is used to reduce the effects of stress and symptoms of anxiety in the body. When a person is under severe stress this condition fails to respond, and the hormones necessary to calm us remain unreleased in the blood stream for a prolonged period of time. Stress has a number of bad effects on the body, for example: tense muscles, non focused anxiety, dizziness, rapid heartbeat. The state of accumulated stress can increase the risk of both acute and chronic mental illness like a nervous breakdown and also weaken the immune system of the body (Articlebase, 2008). Mr... ... deadlines etc. I will try to leave early for work in the morning. This will make me look good in the eyes of management and will also help me by giving me a sense of peace and calm by not having to rush into work late. I will try and take at least one 15 minute break during the day and take a walk outside and get fresh air. I will try and not have a defensive personality. I will listen carefully and not jump into any conclusions. I will learn to speak professionally and will not let my emotions get the best of me. I will learn to count to 10 or 20, breathe and think before I speak to my superiors. I will be pleasant and will respect all my colleges and my management team. I will learn to be a team player; by this I mean helping out whenever I can and keeping an open communication at all times (Health Guide, 2009).