Drug Addiction and Thesis Statement

Drugs addiction is a problem faced by many people of the world, it is a topic that interests many writers, and they wish to write an essay on drugs for this topic. Drugs are very harmful and keep the capability of dragging an individual towards death and destruction. People all over the world want to eradicate the adverse situation of drug addiction from this world and this is the reason why they are busy in writing essays on drugs.Essays on drugs are of many types such as war on drugs essay, essay on performance enhancing drugs in sports, essay on drug abuse, essay on illegal drugs, essay on drug addiction, essay on drug use, essay on drugs and alcohol and essay on drug testing, etc. The essays on drugs should be initiated by bringing in the information related to the topic of the essay on drug. You should know what drugs are.In an essay on drugs, you will have to write about drugs, their affects and the reasons due to which people use them, you have to include the information about why the drugs are so famous and how harmful are they. A persuasive essay on drugs will be one, which will be according to the topic of the essay on drugs. It should have a full-fledged introduction, which should introduce the topic completely. The introduction should also have a thesis statement that should be the main idea of the essay on drugs.A thesis statement should be based on the essay question to which your essay on drugs is an answer. A thesis statement of an essay on drugs can be one sentence or more than one sentence but it is suggested that it should be only one sentence. Essays on drug abuse or essays on drug addiction should be written by arranging the ideas in a format that should be understandable. You should divide your ideas in different paragraphs for an essay on drug abuse or for war on drugs essay.One paragraph should contain one idea and should not go towards a second idea, as it will reduce the comprehensiveness of the paragraph of essay about drugs. The essa ys on drugs should be written by researching the topic of drugs thoroughly so that the writer can depict information knowledgably. If you feel disturbed by an exercise of writing an essay on drugs, you can also get plagiarism free essays on drugs from custom writing websites, which are there for your assistance and support in terms of writing essays on drugs.

Aflac Essay

In your opinion, will the campaign stay effective for the foreseeable future? I think the campaign will stay effective because people like the duck. They introduced the duck in 2000 when they hired the advertising agency the Kaplan Thaler Group. The duck has done very well for the company, for many years. I think if they were to discontinue the duck in advertising, their rates would go down 3. What makes AFLAC ads so effective? Is it something more than their entertainment value? If so, what else contributes to their success? Aflac’s duck has done more than generate impressive sales numbers. The mascot has been a feather in the company’s cap in terms of making it one of the most recognizable names in insurance. Nearly 90% of Americans now recognize Aflac’s name, the company said, largely because of the duck campaign, which takes a humorous approach to insurance while sending the serious message for its need. The duck was born after Aflac Chairman and Chief Executive Officer Daniel Amos and his advertising steering committee decided it was time to create a campaign that differentiated the company’s ads from other insurers, while increasing the company’s Advertising Principals 3 ame recognition. In addition, because the company name was often mispronounced, Aflac wanted to create a mnemonic device that would reinforce name awareness and recall. Nearly everyone has seen the white, sassy Pekin duck with a bright-yellow beak waddle into a variety of situations–ranging from an ice arena to the Grand Canyon–to tout Aflac insurance. In m ost scenarios, the feathered icon belts out its signature quack to unsuspecting passersby as individuals converse about insurance. The taglines–â€Å"Without it, no insurance is complete† and â€Å"Ask about it at work† –have added to the ads’ fame. Advertising expert John Malmo, president of Koening Inc. , said in an article that Aflac has â€Å"great advertising because its concept emanates from the brand name. † Financial management 3 * Financial Industry Regulatory Authority (FINRA): FINRA represents and regulates all stock and bond brokerage firms and their employees. More than 4,750 firms are members, with 634,000 employees registered to sell securities. It also administers background checks and licensing exams, regulates securities trading, and monitors how firms comply, and provides information for investors. Treasury bond market regulation Treasury bonds are slightly different from corporate bonds. They’re issued by the U. S. government, so regulation is handled by the Treasury Department’s Bureau of the Public Debt, with additional oversight from the SEC. Derivatives market regulation Derivatives markets have their own regulatory bodies, but they match the format and hierarchy of stock and bond market regulation. The organizations may not be household names, but their functions will seem familiar. * Commodity Futures Trading Commission (CFTC): The CFTC is a government agency that oversees market activities in agricultural and financial commodities. It ensures that the markets are liquid and that both parties on an options or futures transaction are able to meet their contractual obligations. It also provides oversight to the markets by ensuring that the exchanges and self-regulatory organizations have sufficient regulations in place, and that those regulations are enforced. * National Futures Association (NFA): The NFA regulates 4,200 firms and has 55,000 employees who work on the different futures exchanges. It administers background checks and licensing exams, regulates futures trading, and monitors how firms comply, and provides information for investors. Trading in options on stocks is regulated by the SEC and FINRA, but trading on options on futures is regulated by the CFTC and the NFA. As the lines between derivative products blur, you may find a lot of overlap, and many in the industry predict that the SEC and CFTC will merge at some point. Foreign exchange (forex) regulation Because it’s the largest, most liquid market in the world, many day traders are taking up trading in foreign exchange, or forex. However, here’s the rub: These markets are not well regulated. There’s nothing to stop someone from exchanging U. S. ollars for Canadian dollars; tourists do it every day, often at a hotel desk or retail shop. There’s no paperwork, no hassle — and no oversight. Oversight isn’t necessary for someone at a convenience store buying a tube of Smarties with U. S. bucks and getting Canadian loonies in return. Unfortunately, this has allowed some firms to misrepresent forex trading today traders, ca using some day traders to get badly burned. * Options and futures on currency: Most currency is traded in the spot; traders exchange one currency for another at the current exchange rate. The spot market is not regulated. But many trade currency using options and futures. Options and futures on currency are regulated as derivatives through the CFTC, the NFA, and the relevant futures exchanges. * Banks and oversight: Banks are responsible for most forex trading, and banks are heavily regulated. This means that the Federal Reserve Banks and the U. S. Treasury Department are paying attention to forex markets, looking for evidence of manipulation and money laundering. Both are problems — under-regulation and over. However, often, the problem is not in the regulation but in the way it is enforced, or not enforced. I think regulation should be focused on areas that markets do not do well and not on simply regulating for the sake of what regulators feel need to be done. I do not think you should hold the Innocent shareholders responsible for what management does. I think if the management was held accountable for their actions there would be a lot less fraud in the system. I think there needs to be separate entities for each section of regulation; there is a huge amount of companies out there and only a small group that regulates it.

The family experiencing leukemia and a financial crisis Assignment

The family experiencing leukemia and a financial crisis - Assignment Example Furthermore, she is increasingly under stress of having to balance her role at work and acting as a caregiver for Peter in the hospital (Friedman, Bowden, & Jones, 2002). In addition, Maria is in a psychological and emotional dilemma on how to deal with her 8 year old daughter. Maria’s work and caregiver attention to Peter do not let her have enough time for dealing with her daughter’s emotional stress. Katy, the 8 year old child, is facing an emotional difficulty in coping with her brother’s diagnosis. Accordingly, she is affected by the lack of parental attention and thus acts out in anger both at school and at home. Furthermore, her disability in coping is exhibited by her reluctance to visit her brother in hospital (Pedia, 2012). Foremost, as a solution for Maria’s emotional coping stress, a referral to a support group is necessary. Consequently, she will be able to receive professional emotional support and coping mechanisms pertaining to the stressors resulting from caregiver role and taking care of her sick son (Friedman, Bowden, & Jones, 2002). In addition, Maria equally needs to seek social support from her church. This can be through church members who rotationally volunteer to assist her in household chores such as grocery or taking care of Katy whenever she is at work or at the hospital with Peter. In essence, Maria should be advised to seek the professional help from social workers that can assist her with a homemaker. The main purpose is to obtain a homemaker that can assist her with household chores while she is at work and consequently lower her caregiver stressors. Moreover, Maria needs to be furnished with a list of animal shelters that assist families in financial need by providing free food for their pets (Pedia, 2012). Both parents of Katy need to be advised by family psychiatrist on the need to devote some parental attention time for Katy. Furthermore, in providing parental attention to Katy they need to reassure

Malthus vs Marx Essay Example | Topics and Well Written Essays - 1250 words

Malthus vs Marx - Essay Example Marx on his part argues that crises can also occur. However, they identify problem originating in different ways. Therefore, the essay will explain how each accounts for downturns in capitalist economies. It will go ahead and argue which explanation is more persuasive. To begin with, it is important to understand capitalism and its working in the society. Capitalism refers to an economic system characterized by corporate or private ownership of capital goods through investments that are determined through private decision, and through production, distribution, and the prices of goods that are determined majorly by competition in a free market (Frank 5). Elements of capitalism include production of goods or services for profit, means of production is owned privately, wage labor, and competitive markets. This system became dominant after feudalism diminished in the Western world. It is worth noting that the designation of this system is applied to different historical cases that vary i n geography, culture, time, and politics (Frank 9). Capitalism has many variants that bear the aforementioned characteristics though the degree of application of these characteristics may differ a little bit. The main forms of capitalism include state capitalism, free- market capitalism, mercantilism, corporate capitalism, and social market capitalism. Of particular interest to this essay is the production aspect of capitalism, especially as it has been the focus of Malthus and Marx’s arguments. Thomas Malthus is widely known for his theories on population. However, his contributions to political economy theories were equally significant. Malthus argument focused on production and its ability to meet the economic demand of a society. In developing his theories about political economy, he defended Sismondi’s views on general glut. Malthus argues about general glut, which means overproduction of goods, in his Surplus Theory (Hollander 12). According to him, the general g lut question may be general as well as particular, permanent or temporary as well. He argues that the concept of the general glut in a given society has a potential of presenting a problem (Buccholz 60). Malthus glut theory was based on insufficient aggregate demand that was analyzed through the existing patterns of expenditure among the three socio- economic classes. He assumed that capitalists would spend their income on basic needs since they will not have time and capacity to utilize all the goods and services at their disposal thus spending most of their income on the capital accumulation (Hollander 26). The property owners on their part would spend most of their income on personal services and luxury items such as culture and arts. Besides, he assumed that laborers would spend most their incomes if not all on basic needs necessary to maintain their basic subsistence level and would not have remaining money for savings. Malthus argued that the glut problem was because of high r ate of savings among the capitalists making the capital accumulation rate to be unsustainable. Therefore, demand for labor would increase in order to keep up with the capital growth. This may result to temporal labor shortage causing rise of wages or some newly invested capital may fail to find matching labor hence becoming idle (Buccholz 62). Eventually, this scenario would lead to an economic crisis. To him, overproduction of

Egan's Justification for Recommending Health and Safety Improvements Research Paper

Egan's Justification for Recommending Health and Safety Improvements in Construction Industry - Research Paper Example This clearly shows that the service provided in this sector is poor. Improvements in the health and safety construction sector, guarantee clients the best services, and it is obvious that the profit made will be up the scale. Egan argued that for the health, and safety construction sector to achieve its full potential, there was need for only people who are qualified to be employed. If the new employees are not qualified, they should be trained. Egan came up with the idea of hiring more employees; there was the need for 370,000 new employees to be hired by the health and safety sector and each of the new employees was to be trained (Chinyio & Olomolaiye, 2010: 155). He also proposed for institutions to have a guide to assist employees and a code of ethical working practice for contractors, trade unions and clients. The employees need to be aware of whom they are dealing with; this helps them follow the right channel in case of an emergency. Main elements of Egan’s proposals to achieve this improvement Pioneering projects are the ventures laid down by an establishment to improve the performance of the establishment. This can be internal contests laid down to motivate the performance of every employee. The establishment could come up with remuneration on the employee of the year award. This will guarantee quality services from the employees, because the employees will be contending for the coveted price. On the subject of profit gained in the sector, by improving the working environment of the employees, they certainly perk up how they offer services to clients. This boosts the amount of profit earned, because when clients get the best in terms of service they will definitely spread the word to the people around them; this also applies in poor service. The real concern that needs to be taken into deliberation is the issue of health and safety sector for the employees (Booth, 2012: 64). When the employees’ health and safety is taken into account, eve rything else falls in place. When an establishment leases more employees, each employee feels the significance of his or her input in the company. Due to getting only qualified staff the best service is guaranteed for clients. This also applies in the argument of coming up with trade unions, these unions brace the relationship between the establishments and the clients. The employees need to know their input in an industry, and the clients should also be aware of the output of an industry they have an alliance with, trade unions help in achieving this goal. When all these issues are taken into consideration, the intended profit will be able to assist the industry develop other sectors. The health section should also focus on making the employees feel the urge to work. This can be done by introducing leisure activities, that will help them relax. The main principles of BREEAM system, and how the system operates in practice BREEAM system was formed to ensure environmental quality cons truction through accessible, un-hostile and unprejudiced measure of ecological impacts. The BREEAM system creates the possibility of covering all construction areas (Senaratne and Sexton, 2011: 209). This is because the system does not focus on the specified areas only, it weigh’s its focus on all the areas that need to be developed, and works to achieve this target. BREEAM aims to use qualified measures to determine environmental qu

John Calvin Research Paper Example | Topics and Well Written Essays - 750 words

John Calvin - Research Paper Example This paper briefly analyses the life of John Calvin and his contributions to global culture. â€Å"John Calvin was born in 1509. He died in 1564. John Calvin was the son of a lawyer. He was born in Noyon, Picardy and was therefore a Frenchman† (John Calvin, n. d). John Calvin was very much interested in religious studies and initially he studied theology; however later went for law studies because of the pressure from his father. The death of his father in 1531, gave freedom to Calvin and he started to learn more about humanities and religion. â€Å"Calvin was highly critical of the abuses in the French Catholic church but he never doubted that he was God’s chosen instrument in the spiritual regeneration of the world† (John Calvin, n. d). During the period of Calvin, devotional songs with the help of musical instruments had an important role in worshipping in Roman Catholic Churches. Calvin criticized such customs and argued that such devotional songs actually di stract the concentration of the people from real worshipping. He has pointed out that Bible consists of excellent songs in psalms which should be used during worshipping in churches instead of the songs accompanied by musical instruments. â€Å"He placed great importance on the sermon. ... ed that the New Testament and baptism and the Eucharist had been created to provide Man with continual divine guidance when seeking faith (John Calvin, n. d). Roman Catholic Church teaches the people that a person can get salvation through Mass and pilgrimages. Moreover, Roman Catholics believed or still believe that saints can help people immensely for getting salvation. In most of the Roman Catholic churches, saints are getting almost similar recognition as Jesus Christ is getting. Calvin ridiculed these beliefs and customs and pointed out that such beliefs are against the teachings of God or Bible. He has declared that according to the teachings of Bible, a person can attain salvation only through the belief in Jesus Christ. No other short cuts may help a person in getting salvation. Calvinism was a belief that was dependent on the strength of the individual. You controlled your own goodness on Earth and this depended on the strength of your inner conviction. This was a personal b elief not dependent on the whims of an individual pope or relics, indulgences etc. You may have been a reprobate in the eyes of God but you would not know this and so a person would lead a life for God to fully know him (John Calvin, n. d). Roman Catholics gave more emphasize to rituals and customs in their worshipping whereas Calvinism gave more emphasize to the strength and actions of the individual. Calvinism pointed out that ultimately the activities of an individual decides whether he may get heaven or hell. No custom or tradition alone can save a person if he commits sins and take shelter in customs or traditions for getting salvation. According to John Calvin, the most important thing in getting salvation is the belief in Jesus Christ and strict observance of the life principles

Maritime Industry Assignment Example | Topics and Well Written Essays - 2000 words

Maritime Industry - Assignment Example 5). Really, it is somewhat speculative as to who needs who in this situation. With regard to the ship type, a 65.000 tonne deadweight bulk carrier would probably be appropriate for shipping lots of heavy cargo, such as car parts. If car parts for an average car weighed 2 tonnes apiece, at least 32 cars could be assembled in Japan if the cargo were carrying that kind of weight. Japan has indicated that Indonesia is very useful for its employment of cheap labor. However, Japan, on the other hand, has noted that it is not interested in the shipment of natural persons to its country, unless they have state-sponsored tourist visas and/or visas for work or study. In this regard, Japan is very unforgiving in its assessment of who the Japanese are letting into the country and who they will not. The trading patterns eminent in Japanese-Indonesian relations seem to be that Japan, in return for Indonesia’s cheaply-produced, labor-intensive goods—requires energy from Indonesia. Sin ce Indonesia is a larger country, it can produce power because there is more land to build factories and generators and other power-producing and energy-producing structures. There are several limitations on trade which Japan has placed on Indonesia, some of which are not immediately understandable, but which probably would make more sense if one were more informed about Japanese history, culture, and economy. One of these difficult ideas for outsiders to embrace is the idea of Japan’s stricture against leather imports. Dating back from the Edo era, a people called â€Å"†¦[B]uraku-min†¦were engaged in occupations thought to be undesirable, including disposal of the dead, collecting garbage, butchering animals and tanning and crafting leather. The jobs of handling the flesh of four-legged animals, such as butchers and leather artisans, were thought to be something violating Buddhist strictures against killing† (Hisane, 2011, pgh. 32). The type of cargoes that are restricted from being sent to Japan include any tuna or skipjack tuna, which is apparently a big market for the Japanese. Additionally, any type of footwear would be a sensitive issue to be shipped to Japan. Japan also has a variety of grain products which are forbidden or restricted severely—including barley, wheat, corn, and various other foods. Indonesia strictly has limits on the amount of soy, barley, corn, and wheat that they will allow from Japan. Obviously, both countries maintain limits on what types of products they will allow into and allow out of their respective nations. Japan also has no need for textile products from Indonesia, because obviously there are still a lot of textile industries in Japan. These industries are most likely supported by unskilled Japanese workers, and as it stands it seems like Japan does not need any more unskilled workers, as they have all the available jobs being filled right now. Japan said that it will only accept skilled worke rs into its country unless the people have specialized visas for specific purposes. 2- With regard to your vessel's port operation and your answer to question 1, investigate potential ports of call, cargo handling facilities and other services the vessel might require whilst in port. (500 words) Ports of call between Indonesia and Japan

The Verdict screen-play Research Paper Example | Topics and Well Written Essays - 1500 words

The Verdict screen-play - Research Paper Example It is in the first meeting with Galvin and the Bishop (who by way of his position as the head of the archdiocese, heads the hospital that mis-treated Kaye; the hospital is run by the archdiocese) that the audience clearly realizes that the major theme of the story is going to be what to choose- the so called greater good or the ethically, morally and politically right position. It is through the transformation of Galvin that this philosophical conflict unfolds. Galvin goes in to meet the Bishop with an inclination to get some compensatory amount for his client and through that acquire himself a decent commission on that. But even at that moment, it can be seen that the question that Dr. Gruber (the doctor who wanted to testify in favor of Kaye) had asked him was haunting him. After telling Galvin that he wanted to testify because he wanted â€Å"to do right†, Gruber had asked him, â€Å"Isn’t that why you’re doing it?†. This simple question was actually a leading question into the contradiction involved in making certain moral choices out of selfish motives or out of convenience. When the Bishop starts speaking to Galvin in their meeting next day, Galvin suddenly finds himself before the reality of the situation. The Bishop is seeking to settle the matter outside the court by giving compensation to Kaye, which he justifies in the greater good of preserving the reputation of his hospital. Two questions that Galvin asks are the keys to challenging the very notion of such a greater good as is presented by the Bishop. The first question is, â€Å"How did you settle on the amount?†, which actually is a pointer to the truth that nobody has the moral right to put a price on the life of a human being. The second question, though directly asked in the text, can be framed from the logic of the total situation as, ‘is it morally right to suppress truth?’, the truth being that a woman was killed by a mistake made by two docto rs. There are several aspects of the story that has to be considered when the contradiction between the ‘greater good’ proposed by the Bishop and the pure moral truth or ‘good’ that is upheld by Galvin is examined. These aspects can be, 1) it is a Christian religious head who is proposing such a solution. But Christianity is a religion that claims to be morally upright and humane; 2) It is a Bishop who is expected to stand up for all such values, who is making this proposition; 3) what is being fashioned by the Bishop as greater good will actually subvert an existing legal system,

Rationale for the Biblical Worldview Essay Essay Example for Free

Rationale for the Biblical Worldview Essay Essay Every person has a worldview whether he realizes it or not. What is a worldview? James W. Sire defines a worldview as: [A] commitment, a fundamental orientation of the heart, that can be expressed as a story or in a set of presuppositions (assumptions which may be true, partially true or entirely false) that we hold (consciously or subconsciously, consistently or inconsistently) about the basic constitution of reality, and that provides the foundation on which we live and move and have our being. Stated more succinctly, †¦[A] worldview is simply the total set of beliefs that a person has about the biggest questions in life. F. Leroy Forlines describes such questions as the inescapable questions of life. Lifes inescapable questions include the following: Is there a God? If so, what is He like? How can I know Him? Who am I? Where am I? How can I tell right from wrong? Is there life after death? What should I and what can I do about guilt? How can I deal with my inner pain? Lifes biggest, inescapable questions relate to whether there is a God, human origins, identity, purpose, and the hereafter, just to mention a few. Satisfying answers to the inescapable questions of life are provided by the Holy Scriptures. The Holy Scriptures, consisting of the Old and New Testaments, form the starting point and foundation for the biblical worldview. More specifically related to our purposes, the apostle Paul reflects several components of the biblical worldview in his letter to the Romans. The apostle Paul authored Romans toward the end of his third missionary journey, about 57 A.D. He addressed this letter specifically to the Christians in Rome. At the time the church in Rome consisted of Jewish and Gentile believers, with Gentile Christians in the majority. Paul wrote to the Christians in Rome in order to address specific concerns and challenges they were facing. While Romans was an occasional letter (not a systematic  theology), Paul presents the Gospel of Jesus Christ in a very systematic fashion. The Gospel is actually the overarching theme of Romans as Paul spells this out in his programmatic statement in 1:16–17. As the systematic presentation of the Gospel of Jesus Christ, Romans is foundational to the biblical/Christian worldview. Recognizing that Romans is not a systematic theology and does not contain all the essential truths that are relevant to a worldview per se, the apostle Paul articulates truths that are foundational to the biblical worldview. In Romans 1–8, Paul addresses certain components of a worldview that relate to the natural world, human identity, human relationships, and culture. In a 750–1000-word essay, describe what Romans 1–8 teaches regarding (1)the natural world, (2)human identity,(3) human relationships, and (4) culture. Furthermore, (5)explain how this teaching of these topics affects your worldview. Make sure that you address each of these topics in your essay. †¢As an essay, it must be written with excellent grammar, spelling, and style. †¢Begin your essay with an interesting introduction that contains a precisely stated thesis. End your essay with a strong conclusion that summarizes your main points succinctly. Structure of assignment paragraphs: †¢Introduction/Thesis (approximately 75 words) †¢The Natural World (approximately 150–200 words) †¢Human Identity (approximately 150–200 words) †¢Human Relationships (approximately 150–200 words) †¢Culture (approximately 150–200 words) †¢Conclusion (approximately 75 words) †¢Use each of the categories above as headers for each paragraph in your essay. †¢The body of your essay must address the specified components of the assignment in excellent grammatical style. †¢Your essay must be typed in a Microsoft Word document using Times New Roman, 12-point font. †¢It must be single spaced, and must contain 750–1000 words. †¢All sources must be cited, and a bibliography must be included. †¢Format your paper in a Microsoft Word  document using current APA, MLA, or Turabian style (whichever corresponds to your degree program). Review the Biblical Worldview Essay Grading Rubric to see the specific grading criteria by which you will be evaluated before submitting your essay. †¢Do not footnote Scripture references; cite them parenthetically within the essay body following the quotation or allusion to the biblical text. Submit this assignment using SafeAssign by 11:59 p.m. (ET) on Monday of Module/Week 7.

The difference between Project Finance and Corporate Finance

The difference between Project Finance and Corporate Finance Companies across the world frequently employ Project Finance for their large investments. Their importance is underscored by the following fact: Though US corporations used Project Finance less often than their overseas counterpart, 1 their savings of $34 billion in Project Finance in 2004 exceed the $25 billion that business enterprise capital funds invested in startups in that year, and was concerning half the $73 billion raise by US companies from side to side IPOs in the similar year (Esty, 2005). While academic research in finance has provided a lot of insight into business enterprise assets financing and IPOs, Project Finance has conventional scant notice.2 an obvious query arises: What factor drive the option of Project Finance vs Corporate Finance? 3 As Esty (2003a) points out, Project Finance involve important costs compare to Corporate Finance.4 What are the offsetting payback then of Project Finance vs Corporate Finance? Why 64% of huge investments were finance through Pro ject Finance in the French lawful source countries while this proportion was 26% in the English legal origin country? In other terms, how do the lawful and institutional surroundings in a country shape this option of Project Finance vs. Corporate Finance? This paper attempt to fill a number of these gaps in our in sequence. Two major contributions We create two major contributions. First, to our information, our paper is the primary to formally examine and empirically document the reimbursement of Project Finance vs Corporate Finance. Second, we supplement the law and finance journalism (see references below) by presentation a micro channel from side to side which lawful origin could have an effect on economic outcome from side to side the stipulation of saver defense to decrease decision-making agency outlay. Esty (2003b) argues casually that Project Finance reduce the group costs of free cash flow encounter in Corporate Finance:The first incentive to use Project Finance, the agency cost motivation, recognize Those sure assets, namely large, tangible possessions with high free cash flows, are susceptible to costly agency conflicts. The creations of a project company provide a chance to create a new, asset-specific ascendancy system to lecture to the disagreement between possession and control. . . Project Company utilizes co mbined possession and high influence to dishearten costly organization conflicts in the middle of participant. Two distinguishing characteristics of Project Finance vs Corporate Finance However, it is indistinct precisely how Project Finance operates to alleviate these association costs while other shape of finance cannot. For example, why cannot corporations affect domination systems particular to the nature of their property, or utilize joint possession and influence to alleviate these agency expenses? What is it about Project Finance as different to Corporate Finance that reduce agency conflict? We build up a simple replica to shed light on this query. We emphasize two distinguishing characteristics of Project Finance vs Corporate Finance: (a) improved verifiability of cash flow, and (b) lack of option to sponsors cash flows and assets. We quarrel that the verifiability of cash flow in Project Finance stem from contractual preparations made probable because of a solitary, discrete project that is lawfully alienated from the sponsor, and the resultant nonattendance of future growth opportunity in the Project finance Company. Since Corporate Finance involves multiple present and future projects, the similar contractual preparations cannot be effect in Corporate Finance. Therefore, cash flow is less demonstrable in Corporate Finance than in Project Finance, chiefly in countries where the protection against executive self-dealing is weaker. Project money due is also non-recourse: the lender does not have alternative to the sponsors property or cash flow. Corporate Finance Thus, in Corporate Finance, the lender has a potentially improved pool of cash flows from which to get paid. Since Project Finance company are first and leading debt economics (Esty, 2005), we implant the choice Of Project Finance versus Corporate Finance in a reproduction of debt financing comparable to that in Hart (1995). Since the pool of property and cash flows is better, but less provable, in Corporate Finance, creditors human rights play a more important role in Corporate Finance. Specifically, the lenders believable threat to seize security matters more with Corporate Finance, where cash flow are less demonstrable and borrower opportunism is therefore more probable. The threat of insolvency serves to deter this opportunism. Furthermore, Project Company invests in solitary, discrete property. Therefore, tradeoffs between inefficient continuance versus unproductive liquidation that arise from the attendance of future increase opportunities and typify bankruptcy in Corporate Fin ance (see Gartner and Scharfstein, 1991) are not present in Project Finance. Thus, ex-post inefficiencies created in insolvency affect Corporate Finance additional than Project Finance. Given these two reasons, i.e., the higher probability of opportunistic non-payment and the assistant inefficiencies from bankruptcy, we model non-payment in Corporate Finance but theoretical from the same in Project Finance. Of course, the lenders threat to pay debt assets is credible only if the insolvency laws in the country allow the lender to seize the security assets. Therefore, we take for granted that the lender can seize possessions with a higher likelihood if the bankruptcy laws give creditors stronger human rights. Further, we take for decided that insolvency values in bankruptcy are lower if the burden costs in bankruptcy are senior. Given this setup, we get hold of the subsequent result. In countries where insiders can confiscate minority investor more easily, Project Finance is more probable than Corporate Finance. In exacting, in such countries, Project Finance is excessively more probable than Corporate Finance in industry where Free Cash Flow is higher. To appreciate better this difference-in-difference prediction, think two industries: Drugs and Cement. Given the lack of important investment 2 opportunity in Cement when contrast to Drugs, the organization price of free cash flows would be higher in Cement than in Drugs (Jensen and Heckling, 1976, Jensen, 1986 and Blanchard, Loped- Silanes and Shleifer, 1994). Since Project Finance mitigates these organization costs by making cash flows demonstrable, ceteris paribus, the dissimilarity in the use of Project Finance in Cement versus that in Drugs would be better in Venezuela than this dissimilarity in the United States since the laws defensive managerial self-dealing is stronger in the United States than in Venezuela. Project Finance loans We give empirical confirmation supporting this forecast by comparing, across forty country,Project Finance loans next to Corporate Finance loans from the Loan Pricing Corporations Dealscan database. To limit our analysis to those Corporate Finance investments where scheme Finance is a viable option, we comprise loans to corporations under the category of equipment Purchases, capital expenditures, gaining of assets or company, and takeover. To capture differences crossways countries in the protection provided to investors against managerial self-dealing, we use the index of confidential control of self-dealing construct by Djankov, LaPorta, Lopez-de- Silanes and Shleifer (2006) (hereafter, DLLS) . These directory events the hurdles that the controlling saver in a firm must bound in order to indulge in a self-dealing business. In the spirit of our reproduction where ex-ante financing outcome are affected by the ex-post probability of a sponsor/manager being wedged self-dealing, we focu s on DLLSs gauge of ex-post confidential manage of self-dealing. We go after Opler and Titman (1993) and Lang, Stulz, and on foot (1999) in proxying agency expenses of free cash flow by means of the ratio of Free Cash Flow to Assets. Since our most inclusive disaggregated data is at the 4-digit SIC business level, we build this calculate for the middle firm in a 4-digit SIC manufacturing in a country. We use several empirical stipulations: controls for the legal source of state, fixed effects at the country, manufacturing, and year levels, and chance effects at the height of each industry in each country. We discover that in country that provides weak defense to alternative investors against expropriation by insiders, Project Finance is moderately more probable than Corporate Finance in industries where the ratio of Free Cash Flow to Assets is superior. If we contrast two industries for which the ratio of Free Cash Flow to Assets is one normal deviation apart, then a one standard deviation diminish in the ex-post personal control of self-dealing increase the probability of Project Finance in the industry with superior free cash flow by 5% more than in the manufacturing with lower free cash current. Since Project Finance is 25% probable on standard in our example, this 5% increase in the dissimilarity in likelihood of Project Finance represent a 20% change over the model average. W e also find that Project Finance is more possible in countries with weak guard against executive self-dealing; a one standard difference decrease in the ex-post confidential control of self-dealing increase the probability of Project Finance in a country by 14.5%, which represent more than a 50% enlarge over the example average of 25%. Project financial mode: Fig 1: Project finance model (Estry, 1999). Capital Structure theory The effect is economically significant too: A one point increase in the strength of creditor rights decreases the marginal effect of weaker protection against self-dealing by 32 %. We investigate further as to which component of the creditor rights index affects this choice between Corporate Finance and Project Finance. In line with our model, we find that in countries with no automatic stay imposed on the collateral assets in bankruptcy, the effect of managerial self dealing is mitigated. The other components of the DMS creditor rights index do not matter here. In the strongest piece of evidence supporting our theory, we consider this interaction effect between creditor rights and managerial self-dealing for the treatment sample of countries where creditor rights underwent a change during our sample period, and the control sample of other countries. As predicted by our model, we find that the decrease in the rights provided to creditors in our treatment sample enhanced the marginal effect of ex-post private control of self-dealing on the choice of Project Finance. Thus, we infer from our cross-country evidence and from the within country changes in creditor rights that laws protecting minority equity holders from managerial self-dealing and rights provided to creditors in bankruptcy are marginal substitutes in mitigating agency conflicts. Finally, our model predicts that larger deadweight costs incurred in bankruptcy increase the likelihood of Project Finance. As argued above, bankruptcy costs are lower in Project Finance than in Corporate Finance since project companies invest in single, discrete assets. Features of project Finance To examine the robustness of our above result to various source of endogeneity at the industrylevel, we go after Rajan and Zingales (1998) in employ the center Free Cash present to Assets for US firm at the 4-digit SIC urbanized level as an tool for our cross-country measure. The profusion of a business and the resulting level of free cash current is partially a purpose of the technical aspect of the developed as well as the life-cycle phase of the manufacturing. Therefore, we wait for the free of charge cash run for US business to be linked with the cross-country calculate.6 Furthermore; the practice of Project Finance is 19% in the US in dissimilarity to 53% for the obtain it easy of the earth. Therefore, the US developed level compute of Free Cash run to Assets make happy the two supplies needed to serve as an active uneven. As physically influential evidence of our theorys forecast, we obtain the identical consequences to the higher than by means of this caught up changeable. A second forecast of our model is that the creditors skill to seize the firms property upon Default, as well as those placed with him as security, mitigates the consequence of weak protection against administrative self-dealing, since the lender can resort to the assets ex-post in the face of self-dealing. Therefore, when stronger protection is provide to creditors, the effect of weaker defense against decision-making self-dealing in hopeful Project Finance is excessively lower. To proxy the legal rights of creditors across the world, we use the creditor rights directory (a score between 0 and 4) construct in Djankov, McLiesh and Shleifer (2005) (hereafter, DMS). A senior value for the DMS creditor rights index indicates stronger rights to creditors. Across our entire rider, which include chance effects at the country level, and fixed possessions at the year level, we find that the coefficient of communication between guard against self-dealing and creditor rights to be optimistic.

ICT in Private and Government Organisations

ICT in Private and Government Organisations The term I.C.T, otherwise known as Information and Communication Technology, encompasses quite a wide range of the scope of multi-dimensional communication infrastructures and systems employed for enhancing effective communications in business and public organisation.   As implied by the abbreviation and also the full meaning of it, the said communication occurs at different levels and for different purposes, some of which has to be secured, but all of them share one thing in common: they are all enhanced through computers and electronic networks.In recent times, almost every organisation is dependent or assisted with one type of communication equipment or another and the fact that such communication infrastructures can be easily linked to Information Technologies could be claimed as prove of the importance of I.C.T in organisations.   To make this argument more clear, it is necessary to pinpoint some specific organisations, both private and governmental whose operation will collapse or highly hindered, should the I.C.T aspect of it be removed or for some reason cease to function. To make the picture clearer, the organisations to be analysed will be categorised and then individual organisation will now be placed undo the category they belong to before they are further analysed.   The major categories are Private and Governmental and thereafter we look at how the chains are connected and interwoven. This sector is divisible into various other major sub-categories namely:1.  Ã‚  Ã‚   Security: These are organisations such as the security agents including the police, army, customs, immigration officers, civil defence corps, and also the secret agents.   In this sector there is a lot of communication and information exchange going on, some of which are beyond the British borders, e.g. our soldiers in Iraq has to make constant uninterrupted communications via phones, internet, and other satellite-linked, wireless technology networks.   They also need to communicate with one another both as groups or platoons and also as individual.   Here, the communication network has to be as secured as can be. 2.  Ã‚  Ã‚   Social: This relates to everything from financial help to psychological helps and also political helps for foreigners such as asylum seekers and other classes of immigrants.   At this level also communication and efficient information transfer is a necessity.   Help-line telephone services that is installed with up- to-date software for managing calls, sometime on a 24-hour basis and transferring such calls automatically to the officer responsible for each individual cases and also to maintain an orderly queue where necessary. A log of all the official activities is created and stored in the appropriate database, which is connected via LAN networking system and thus the internet or intranet network system to transfer the logged cases to other concerned offices within the department or to the outside near and fear government departments for preparing statistical data (such as spreadsheets), prepare budgets or to inform deliberations on crucial social issues, such as how to manage illegal migration into the country. 3.  Ã‚  Ã‚   Commercial: Sometimes, the government is also involved in commercial ventures, especially in the area of social amenities, such as electricity, telecommunications, transportation, agriculture, and some special production sectors, e.g. exploration and export of mineral resources. 4.  Ã‚  Ã‚   Education: Governments role in the education sector is very high. From nurseries to University education and adults literacy and vocational trainings, the governments hands will always be found in the pie.   To effectively plan and monitor the activities in this sector, the government need to be well equipped with the relevant I.C.T. infrastructures.   A good database that is interpreted and organised by a good spreadsheet software.   Appropriate networking facilities that will link every arm of this education systems ladder to the monitoring departments and sections must be in place.It must be noted here also that each of the education levels have their individual basic I.C.T needs.   For example, At the secondary school level, the teacher manages his classes, schedules and attendance register from a laptop computer, running probably on Windows XP Professional Operating System and installed with Bromcoms Winfolder which is currently version 2.03.   This soft ware is the one that collects daily register for the teacher from the schools server, which is equipped with Bromcoms e-School MIS version is 2.10.2, the softwares that prepares the register ready for the other day. The teachers laptop is either connected either via the CAT5e cables to the Ethernet LAN port which links him to the server, or connected wirelessly via network cards. The server which probably runs on Microsoft SQL houses the schools database and connects to the outside network system via optic fibres of the type Fibre Optic Multimode GBIC (1.25Gb/s bi-directional). The server is secured against power interruptions through the use of Uninterruptible Power Supply (UPS). UPS is a battery system that enables to server to carry on functioning for a period of time in the event of a power outage, or enough time for it to safely shut down if the power outage is for an extended period.The teacher takes class attendance to ascertain that all the registered pupils are in attendanc e and send same via the internet to the data base which is equally connected to back-up storage outside of the school premises to secure against accidental data loss. The library system is another complex I.C.T. system that is active both locally and also on the network to the outside, running on effective software that facilitates an dynamically updated warehouse of information about the whereabouts of library materials and also for calling materials that is in urgent need, or have overstayed with the borrower. 5.  Ã‚  Ã‚   Health: Health is wealth as the saying goes.   The governments involvement in the health sector in deep and this ranges from procurement of hospital equipments to physical maintenance of the hospital premises-employment and payment of wages.   Monitoring of all the activities at the health sector is quite important and this often is done in real time or through other communication channels including writing on paper, which is printed out on a printer connected to computer system connected to both intranet and internet networks.   The health sector is undoubtedly another fertile soil for the I.C.T. systems.   If we have to start analysing the way in which the hospital, as an entity, operates on a daily basis; we will see how appointments are booked on phone, and the doctors secretaries will keep a log of the appointments, having sent a notice to the concerned doctors calendar of schedule.   The patient may have to be sent a printed letter of notification as a reminder of the appointment date and time.   All these activities are also stored in the departments database, which is sent automatically to the hospitals central database, which probably is equipped with multiple hard drives in a RAID array to allow the system to continue functioning in the event of the loss of any one hard drive and also back-up tape drive, which allows a back-up of vital information and for several copies of this data to be kept off site. The doctors, office and consulting room is equipped with computers, which run on up-to-date Operating Systems and also have special software featuring medical encyclopedia, and maybe old cases database, from which they could compare difficult cases and find solutions via the network. The doctors always record their finding on Dictaphones and this is probably for sharing with other colleagues for knowledges sake, but our concern here is that all these equipments are I.C.T based.Heart-beat monitors, incubators, ultra-scan equip ments, X-ray and physiotherapy equipments and many more are scattered all around the hospital.   Patients survive on dialysis machines, which are monitored through computer and network systems. 6.  Ã‚  Ã‚   Administration:   For administration purposes at all levels of governance is the process dependent on I.C.T infrastructures: Databases, civil registration numbers, national insurance number, passports and national identity cards, budgeting, population distribution and statistics, elections, and many more functions of the government are done via reliable I.C.T. infrastructures. Looking at the private sector, there is much more application of the I.C.T. equipments.   This sector can be further sub divided into the following categories:1.  Ã‚  Ã‚   Commercial:†¢Ã‚  Ã‚  Ã‚   Transport:   From Land to air and the sea, transportation is deeply dependent on I.C.T. infrastructures.   From Scheduling to announcements, you will always find I.C.T.   Take the train services for example, most trains in the UK runs on electric and are scheduled and monitored in real time.   Apart from the internal daily runs of this system, the travellers are also included in the chain via e-commerce, such as internet booking and ticketing; the credit card and debit card accessible ticket kiosks are erected for self-services and you can also receive train and coach schedules on your mobile phones in the form of short text messages.†¢Ã‚  Ã‚  Ã‚   Manufacturing: Most manufacturing outfits, especially those involved in the production of continuous process products, su ch as cars, telephones, plastics, dairy products, breweries, etc, are engaging the services of different types of industrial robots for their operation.   These robots or programmable production lines are mostly 100% dependent, because daily running of them depends on information communicated through I.C.T media and the whole activities is afterwards, logged for records purpose and also to monitor the process and know when the machine should be over hauled.†¢Ã‚  Ã‚  Ã‚   Banking and Finance:   Financial institution today are one of the organisations that depend to a high degree on I.C.T. Imagine what the day will be like for the banks and other money markets operators, e.g. Stockbrokers, without their I.C.T. systems. No computers, no internet connections, no printers, no telephones.   How will international banking thrive without the internet?   How about the credit and debit cards? The situation is better imagined than experienced.†¢Ã‚  Ã‚  Ã‚   Insurance:   Ins urance organisations are more or less like banks.   They need a sound I.C.T system for a smooth running of their business every second of the day.†¢Ã‚  Ã‚  Ã‚   Supply Chain sector:   With the advent of e-commerce, supply chain sector is undergoing some kind of revolution right now.   Tesco Supermarket is a testimony to this fact.   Other than the fact that they need a good database for managing their wares, they also use laser scanners, bar code readers for both price tags and security of the wares.   They also use mobile phones to communicate and collaborate towards, customer satisfaction and use public address systems to make announcements.†¢Ã‚  Ã‚  Ã‚   Communication: The story of I.C.T in organisations can never be complete without mentioning the communication sector, whose daily operations are entirely dependent on I.C.T infrastructures.   From   mobile telephony, featuring mobile phones (with camera, video recorder with playback functionalities, MP3, r adio, WAP, Interactive games, chatting, internet, and now T.V; and PDAs with GPS functionalities for navigating continents. Letters are sent within seconds via email messaging, people chat online in written form and also verbally in real time.   It was first on the internet that it was possible to see the person you are chatting with via the web cam.   Pictures and digital music (MP3) is another mystery of the internet communication and information exchange of limitless magnitude. Now we are having internet television and online cinemas.†¢Ã‚  Ã‚  Ã‚   Advertisement: This sectors business revolves around I.CT. very much. They use computers for graphic design, store information, make and edit video materials and digital animations, scanning and printing are part of their daily activities.   These cannot be done without I.C.T infrastructures.†¢Ã‚  Ã‚  Ã‚   Consultancy Services: This organisation requires a good database, and sound network system.†¢Ã‚  Ã‚  Ã‚   Heal th: This is similar to that of the government sector earlier mentioned.†¢Ã‚  Ã‚  Ã‚   Agriculture: Cow milking, feeding and branding and monitoring have all gone hi-tech.   This is made possible through I.C.T.†¢Ã‚  Ã‚  Ã‚   Education: The story in the private sector in not much different from that of the government sector.†¢Ã‚  Ã‚  Ã‚   Journalism:   From news gathering to editing to disseminating, everything in this sector is I.C.T related: Video recorders, digital cameras, Dictaphones, electronic typewriters, computers, etc, are their instrument of office.†¢Ã‚  Ã‚  Ã‚   Others: There are many more areas to be cited.2.  Ã‚  Ã‚   Non-profit organisations: Though they are not profit oriented, these organisations still require I.C.T. based equipments such as telephones and Personal Computers (PC) with internet connections, good printers, fax machines and scanners for their daily operations.   Their major areas of operation is as listed:†¢Ã‚  Ã‚  Ã‚   S ocial Help†¢Ã‚  Ã‚  Ã‚   Environmental Fig. 1. A chart showing I.C.T-related sectors of the human endeavours and some examples of the infrastructures.Conclusion:The role of I.C.T in many organisations surrounding our lives cannot be underestimated.   They are the pivot on which our entire system revolves.

The Key to Success in Education :: Teaching Education Philosophy

A Mixture of Progressivism and Behaviorism is the Key to Success in Education Lee Beck, a teacher of thirty years, is my hero. Lee has an intense passion for teaching and an equal passion for children. It is this overwhelming passion and satisfactions in helping children excel in academics and in life that have inspired me to become a teacher. Pursuing a career in Education has led me to different philosophical perspectives of education that will be utilized in my future classroom. Behind every educational facility and educator lies a value system and set of beliefs that influence their philosophy of education. My educational philosophy and goals are influenced by a combination of both progressive and behavioral aspects. Most imperative is the characteristics of progressivism that appeal to my values and belief system. The purpose of education is to enable a child to become more efficient and achieve goals in their life. An equally important purpose is to expose children to different values and beliefs that are used throughout the world. Education indirectly provides teachers with the opportunity to touch the lives of children and have a positive influence in their lives. I desire to be capable of touching a life and making a difference. It is important for me to know that I have encouraged children to feed the hunger of their minds. One aspect of progressivism to be integrated into my classroom is cooperative learning activities. Progressivism teaching methods recognize cooperative learning activities as a practical method of instruction. Working in groups was not always part of my previous education. Normally working independently has left me feeling uncomfortable and untrusting of others when working in groups. It has also left me intimidated by my peers with different racial and ethnic backgrounds. I feel that if students are frequently exposed to cooperative learning activities that they will be more trusting and more group oriented toward a unified goal. My first cooperative learning experiences in college have taught me in a short period of time that just because someone is different, does not mean that they are incompetent; additionally, learning from students is an important part of being a teacher. It is important for children to learn this lesson early in life, not until their college y ears.

The Hypocrisy Of Diversity Essay -- essays research papers

'Diversity'. It's everywhere you look these days. When you switch on your TV set, you open up a newspaper, or you just look out your window - it's there. It seems everybody has a lot to say about diversity, but what does it mean, what does it really mean? And what does the future hold for a racially 'diverse' America? Well.. let's look at the fine people who are pushing for the 'diversity' line. Who's opening the borders to hordes of illegal aliens in order to 'diversify' the racial makeup of the United States and allowing these criminals to collect welfare and vote? Who's saying we should have to make way for Blacks and Mexicans in our own society, forcing us to change our ways, our culture, in order to accommodate these people, and their cultures. Who is saying that we should bring these Negroes and Mestizoes into predominantly White places and institutions, and we should have to be 'tolerant' and 'sensitive' to the cultural and racial attitudes of these people. Isn't it mainly the left that's saying we should have to accept more 'diversity', that we should have to change our ways and become more 'sensitive' towards these people when we are dealing with them? Isn't it mainly these leftists, the Marxist-Communists, the professional class- and race-warfare artists, that are always crying out about the 'oppression' of the Negro and the Mestizo, and how we need to help these people by giving them free healthcare, free welfare, free houses. Just last year that proud moral example, that wonderful honest man who's word was his bond, that embodiment of patriotic Americanism, president Bill Clinton stated proudly to a cheering audience that "by 2050, Whites will be a minority in the United States". Yes, it's mainly the left, but most Republicans are not much better as they do a fairly good job of sitting back and watching it happen, since they know that it drives down the cost of labor to have a such a large unskilled population. But really, what kind of benefits do 'diversity' and 'multiculturalism' bring to our society and to the average Joe White guy. After all, it's not at all necessary to bring people from other races and from other cultures to our country just for the sake of having them here, and it's not necessary for us to have to bend our customs, culture and values in order to accomodate these people. This is really only a new trend, I mean... ...could live in a free society with rights above those of the Government. We need your help to awaken more people, to snap them out of this idiotic idea that this 'diversity' is good for our society. We need your help by lobbying your congressmen to restrict border controls, to restrict the rights of illegal aliens, and to abolish this trend for a mongrelized 'diverse' society. We need your help and we need the help of other independently-minded Nordic Aryans like you in stopping 'diversity' from destroying our society and re-establishing America as the home of the American Dream and the land of prosperity and success. We need this help because if we're going to make America a great place to live in twenty or thirty years time, and not the next South Africa, we're going to have to awaken as many people as we can into taking a stand and fighting as well. It's not enough just to say "you know, I agree with what you're saying", you have to say "I agree with what you're saying, and I'm willing to fight to make it happen". To merely believe is not enough, you must have the will to fight, and to fight hard to make this change which will decide the future of our nation.