Thursday, September 3, 2020
To Pimp A Butterfly(2015) by Kendrick Lamar free essay sample
Kendrick Lamar is a rap craftsman that has made some magnificent collections like the celebrated Good Kid M.A.A.D. City thus far has just extremely three collections from what I am aware of. When contrasted with different rappers like Drake or Eminem, he frequently stands prevalent. Falling under the subgenre of Gangster or Western Rap and frequently discusses a type of political disturbance or society based with his verses which I find is moderately extraordinary in any type of music, particularly substantial metal. To Pimp A Butterfly its self could resemble an analogy for focusing on something we dont regularly notice like, well, a butterfly. Butterfly is commonly an illustration for our general surroundings as far as legislative issues, or if nothing else that is the manner by which I was told and thought of it. Be that as it may, presently for the music its self. The music incorporates anything from general inspected beats to jazz styled foundation tunes and even in the track For Free? a short jazz solo. We will compose a custom paper test on To Pimp A Butterfly(2015) by Kendrick Lamar or on the other hand any comparable point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page This might be in the soul of his idea collection Good Kid M.A.A.D. City since it shares a portion of similar subjects and thoughts from that collection including referencing the M.A.A.D City line at any rate a few times all through the collection. In tracks like King Kunta, I, u, These Walls(not to be mistaken for Dream Theater), and the epic brief melody Mortal Man, he appears to address a considerable lot of these themes like a boss(sorry needed to do that) and gives his perspective in verse structure. For the most part he would feel that a few things are needing fixing in any event and he even notices themes like inequallity and bigotry I accept which I swear should be fixed or possibly restrained. His melodious stream additionally works practically constantly and he likewise has numerous other visitor stars and even his maker in with the general mish-mash also. Mortal Man comprises of generally the discussion among Kendrick and his maker discussing what they think the world resem bles in their eyes and what they believe isn't right yet is regularly done in the public eye at any rate. That in addition to an exceptionally delicate nearly pianoissemo level perhaps progressively calm to at any rate make it not appear to be an absolute drag. Without exception, my preferred track here is King Kunta. I Dont know why its most likely simply snappy. My least most loved comes directly before it I think being For Free? despite the fact that its presumably because of the verses themselves. I gotta state, everybody appears to like this collection upon perhaps a couple tunes in. It took me a little while(clearly, on the grounds that Im very late)but Id need to concur with them here. I give this a 8.9/10. I am the Grim Reaper, closing down.
Saturday, August 22, 2020
Hip Hop Exploitation of Black Women free essay sample
Two recordings related to my examination paper. One specifically is known as the Dreamless 3: Desire, Sex and force in music video. This video composed by Suit Shall, inspects the portrayal of ladies, men, and sexuality in music recordings. Fundamentally, the motivation behind this video is to attest that music recordings, much the same as different types of promoting and mainstream society, speak to the obscene Image by offering a debased and constrained perspective on female sexuality dependent on barely characterized youthful hetero male fantasies.In more noteworthy detail, this film Is genuinely present day and envelops the comparative Instances of how ladies, however both male and females are looked at through music recordings. This film Is mainstream for tending to the video Tip Drill, which Is a term that alludes to ladies engaging in sexual relations with various men In return for cash. In Dalton, the rapper In this equivalent music video, Newly swipes a Mastercard through a womans posterior. We will compose a custom paper test on Hip Hop Exploitation of Black Women or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page I was upset at the music video Tip Drill, I was unable to accept how express this video was and how the passed on was all the while being played ceaselessly on B.E. T. What's more, MET. Another film that identifies with this theme is called Beyond, Beats, and Rhymes by Byron Hurt. I saw this film in my African American Studies 248 course and was promptly captivated by the manner by which this film inspects masculinity, homophobia in the hip jump culture, and to wrap things up, sexism. Both of these movies have a great deal of similitudes, for example, testing the manner by which hip bounce has changed for the most noticeably awful and offers conversation starters with regards to how we can fix it back to its normal root.
Friday, August 21, 2020
How May Disagreement Aid the Pursuit of Knowledge
How May Disagreement Aid the Pursuit of Knowledge How may contradiction help the quest for information? The advancement of this answer can accompany various answers having various guides to help your assessment. Be that as it may, the principal thing that this paper requires is to have a compact meaning of difference. Promoting We will compose a custom exposition test on How May Disagreement Aid the Pursuit of Knowledge? explicitly for you for just $16.05 $11/page Learn More I characterize contradiction as a condition of restriction or difference between two people, suppositions, or premiums. It made a repudiating feeling to what someone else says while strengthening individual convictions and sentiments with respect to an issue (Sethi and Muhamet 57-95). In any case, numerous respects of contradiction centers around it to be negative according to the encounters of our reality since it might add to wars or policy centered issues. The worldwide populace as an ought to maybe think difference as a constructive angle in light of the fac t that from the beginning of the human populace, the world has extraordinarily modernized gratitude to contradiction between individuals or thoughts, which brought progressively compact musings that at that point prompted increasingly worldwide information. It implies that individuals need to have some level of contradiction for them to build up a limit of arriving at agreement on issues that are fit for adding to positive worth. Indeed, we can show up to the end that nothing would have improved in our reality if people conceded to everything since the beginning. Difference happens while introducing at least two choices. Having various thoughts will at that point lead to picking one of them, and to pick one of them we have to have a kind of end that might be accomplished by having a progressively itemized thinking and furthermore having a thinking to clarify why different alternatives aren't right. Differences just imply that there is another way to deal with an issue other than wha t the other party considers and that leaves space for arrangement to agree. In any case, it is never conceivable to agree on all events of difference yet individuals can generally make bargain if harmony ought to win. I intended to have models on ladies that would even now be separated by men, Africans that would at present be in chains, and the revelation of the landmasses like America or Australia. For the logical part, rather, I needed to talk in economy about new old style view and Keynesian view, and for sciences, I don't have any thoughts the main thing that I needed to take, for instance is something in physics.Advertising Looking for exposition on reasoning? How about we check whether we can support you! Get your first paper with 15% OFF Learn More The privileges of ladies have been an issue for an extremely significant time-frame. It has taken women's activists a great deal of activism to have the situation of ladies heard with the goal that male chauvinists ease them from that type of abuse. Obviously, this is in the midst of men who keep up a prevalent situation above ladies and never have the core of thinking about ladies as individuals of any value. The difference about the privileges of people is an extremely straightforward one however it continues delivering numerous occurrences of contradictions as prove in numerous societies. For instance, one general situating of ladies has been in the kitchen. Numerous societies however that ladies were not equipped for any intelligent ability and the best spot for them was to be in the kitchen, to deal with babies and to keep the home (Wojcieszak 206-225). The most absurd piece of this was the likelihood of the womanââ¬â¢s obligation as being dealing with men. Notwithstanding, through women's activist activism, such convictions are done belittling the capacities of ladies, as it rises that ladies have equivalent scholarly abilities similarly as their male partners. That is certain contradiction and with out differences, ladies would at present have a place with the kitchens rather than the taking up large learned and expert difficulties like is the situation as of now. Different instances of differences are in the subjection of Africans there were questionable choices to make with respect to subjugation and opportunity. Those against servitude needed to differ with the individuals who supported subjection. The difference was on treatment of Africans reasonably while the individuals who subjugated them felt that they didn't merit such treatment. Indeed, being that Africans gave modest work, relinquishing them was difficult not referencing regarding them in equivalent scales as whites (Fernandez 439-452). The revelation of the mainland plates confronted a few contradictions too. There were differences with respect to the improvement of landmasses. The debates over the developments and structural developments are talked about in numerous geographical investigations. Such contradiction s happen due to the proceeded with development and game plan of the plates prompting arrangements of new subduction zones. Accretionary occasions additionally delivered new highlights, for example, good countries and blocked oceans making it vital for the getting clarification of such turns of events. Obviously, it takes a great deal of study, information assortment and introduction of proof for the goals of such contradictions with respect to structural history. The innovation field is the most testing and it couples various contradictions, which have prompted positive and negative effects. It merits perceiving the advancement of programming as a territory that produces contradictions on grounds of the moral back up they may present just as their training. One potential viewpoint to consider is the improvement of infections, which stays a part of debate since its beginning (Yang and Wang 608-612).Advertising We will compose a custom paper test on How May Disagreement Aid the Pursui t of Knowledge? explicitly for you for just $16.05 $11/page Learn More There are likewise financial aspects differences, for example, on the traditional perspectives on the Keynesian and the new old style sees. These are models in which monetary issues saw in both of the methodologies is by all accounts the best configuration for goals. Be that as it may, in the dropping of the old traditional thoughts, the acknowledgment of the Keynesian idea carried an idealistic investigate the training and approach of financial usage of vital practices (Sethi and Muhamet 57-95). It was the beginning of issues of straightforwardness in parts, for example, banks for the advancement of security in business sectors and improvement by and by other than the previous protection, which advanced a progression of absence of believability in the prudent fields. It is through basic contradictions on issues that financial experts discover better methods of handling issues of swelling in the worldwide field. Any practicality imperatives by the previous system must be legitimately handled to make macroeconomic execution changes proper for the improvement of compelling money related arrangements for the compromise of any disagreements. Each side of a contradiction holds a contention they accept to be valid and the opposite side consistently opposes this idea. Subsequently, contingent upon a contradiction, something positive or negative can be the outcome (Woerkom and Karin 139-149). Contradictions prompted finding of landmasses like America or Australia and to numerous different revelations holding the certainties about the historical backdrop of the world. There are likewise logical disclosures, which came about because of starting differences on ideas and there it generally the requirement for understanding the advancement of information from contradictions. It is through differences that individuals take further bits of knowledge onto issues. These bits of knowledge structure the premi se of contending focuses differ upon and creating of understandings. These perhaps positive or negative, yet have created some reckonable chronicled, logical and monetary positives (Yang and Wang 608-612). Fernandez, A. (2012). Future(s) of American Legal History. College Of Toronto Law Journal, 62(3), 439-452. Scholastic Search Complete. Web.Advertising Searching for exposition on theory? We should check whether we can support you! Get your first paper with 15% OFF Find out More Sethi, Rajiv, and Muhamet Yildiz. Open Disagreement. American Economic Journal: Microeconomics 4.3 (2012): 57-95. EconLit with Full Text. Web. Woerkom, Marianne, and Karin Sanders. The Romance Of Learning From Disagreement. The Effect Of Cohesiveness And Disagreement On Knowledge Sharing Behavior And Individual Performance Within Teams. Diary Of Business Psychology 25.1 (2010): 139-149. Business Source Complete. Web. Wojcieszak, Magdalena. Pulling Toward Or Pulling Away: Deliberation, Disagreement, And Opinion Extremity In Political Participation. Sociology Quarterly 92.1 (2011): 206-225. EconLit with Full Text. Web. Yang, Wang, and Wang Luqian. Programming Industry Cluster Be Disagreement On Theory And Practice. Building 2.10 (2010): 608-612. Scholastic Search Complete. Web.
Monday, June 8, 2020
Analysing the various financial risks to companies - Free Essay Example
Derivatives It is a kind of financial Security whose price is derived from or dependent upon one or more underlying assets.Ãâà The derivative itself is simply a contract between two or more parties. ItsÃâà value is determinedÃâà by variationsÃâà in the underlying asset.Ãâà Some common underlying assets includeÃâà stocks, bonds,Ãâà commodities,Ãâà currencies and interest rates. Derivatives are mostly characterized by high leverage.Ãâà Forward contracts, Future contracts, swaps and optionsÃâà are the most common types of derivatives. Derivatives are generally used as a mechanism to hedgeÃâà risk, but can also be used forÃâà speculative purposes. For example, an American investor buying shares of a European companyÃâà of a European exchange (using Euros to do so) would be exposed to exchange-rate risk while holding that stock. To hedge this risk, the investor could buy currency futures to lock in a specified exchange rate forÃâà the future stock sale and currency conversion back into US Dollars. Hedging is the process of taking a short-term position in the futures market that is equal to, yet opposite, ones position in the cash market in order to prevent that cash position against loss due to adverse price fluctuations. This form of risk management can be achieved through various types of futures and options contracts traded on a several exchanges, and are usually used by corporations, money managers the ability to hedge means that industry can decide on the amount of risk it is prepared to accept. It may wish to eliminate the risk entirely and can generally do so quickly and easily using the Mismanaging price risk means achieving greater control of either the cost of inputs, or revenues from sales, or both; planning for the future based on assured costs and revenues; and eliminating concerns that a sharply adverse move in a metals price could turn an otherwise flourishing and efficient business into a loss maker. Hedging is the opposite of speculation and is basically under taken in order to reduce an existing physical price risk, by taking a compensating position in the futures market. Speculators come to the futures market with no initial risk. They assume risk by taking futures positions. Hedgers reduce or eliminate the chance of further losses or profits, while the speculators risk losses in order to make profits. Speculation SpeculationÃâà is an action that does not promise safety of the initial investment along with the return on the principal sum. Speculation typically involves the purchase ofÃâà equity or lending of money,Ãâà assetsÃâà orÃâà debtÃâà but in a way that has not been given thorough analysis or is thought to have lowÃâà margin of safetyÃâà or a significant risk of the loss of the principal investment. Speculators may rely on an asset appreciating in price because of number of factors that cannot be well enough understood by the speculator to make an investment-quality decision. Some such factors are shifting consumer tastes, buyers changing perceptions of the worth of a stockÃâà security, fluctuating economic conditions, economic factors associated withÃâà market timing, the factors associated with solely chart-based analysis, and the many influences over the short-term movement of securities. There are also some financial vehicles that can be classified as speculation. For example, tradingÃâà commodity futures contracts, such as for oil and gold, is, by definition, speculation. Short selling is also, by definition, speculative. Financial speculation can involve theÃâà buying, selling, holding, andÃâà short-sellingÃâà ofÃâà stocks, commodities,Ãâà bonds,Ãâà currencies,Ãâà collectibles,Ãâà real estate, derivatives, or any valuableÃâà financial instrumentÃâà to profit from fluctuations in its price, irrespective of its underlying value. Arbitrage AnÃâà arbitrageÃâà is a type of transaction or portfolio. Actually, the term is used in two different ways, so it refers to either of two very different types of transactions or portfolios. People also speak of arbitrage as an activity the activity of seeking out and implementing either of the two types of arbitrage transactions or portfolios. AnÃâà arbitrageurÃâà is an individual or institution who engages in such arbitrage. An arbitrage is a portfolio or transaction that makes a profit without anyÃâà risk. For example if aÃâà futures contract trades on two different exchanges. If, at one point in time, the contract is bid atÃâà USDÃâà 45.02 on one exchange and offered at USD 45.00 on the other, a trader could buy the contract at one price and sell it at the other to make a risk-free profit of a USD 0.02. Such arbitrage opportunities reflect minor pricing differences between markets or related instruments. Profits per transaction tend to be small, and they can be consumed entirely byÃâà transaction costs. Accordingly, most arbitrage is done by institutions that have very low transaction costs and can make up for small profit margins by doing a large volume of transactions. Option Strategies Ãâà Option strategyÃâà is the buying and/or selling of one or range ofÃâà option positions and possibly anÃâà underlyingÃâà position. Options strategies can support movements in the underlying that are bullish, bearish or neutral. In the case of neutral strategies, they can be further divided into those that are bullish on volatility and those that are bearish on volatility. The option positions taken can beÃâà longÃâà and/or shortÃâà positions inÃâà callsÃâà and/orÃâà putsÃâà at various strikes. Before you purchase or sell options you need a strategy, and before you choose an options strategy, you need to be aware of how you want options to work in your portfolio. A particular strategy is victorious only if it performs in a way that helps you meet your investment goals. If you expect to increase the income you receive from your stocks, for example, youll choose a diverse strategy from an investor who wants to lock in a purchase price for a stock shed like to own. One of the advantages of options is the flexibility they offer; they can complement portfolios in many different ways. So its worth taking the time to recognize a goal that suits you and your financial plan. Forwards A forwardÃâà is a non-standardized contract between two parties to purchase or sell an asset at a specified future time at a price agreed today.Ãâà It costs nothing to enter a forward contract. The party agreeing to purchase the underlying asset in the future assumes aÃâà long position, and the party agreeing to sell the asset in the future assumes aÃâà short position. The price which is agreed upon at the inception of the contract is called theÃâà delivery price, which is equal to theÃâà forward priceÃâà at the time the contract is entered into. The price pertaining to underlying instrument, in whatever form, is paid before control of the instrument changes. This is one of the many forms of purchase/sell orders where the time of trade is not the time where theÃâà securities themselves are exchanged. Futures A standardized exchange-traded contract that requires delivery of a commodity, currency, bond or stock index, at a specified price, on a specified future date. Unlike options, futures require an obligation to buy. The risk to the holder is infinite, and because the pay off pattern is symmetrical, the risk to the seller is unlimited as well. Money lost and gained by each party are equal and opposite in a future contract. In other words, futures trading is a zero-sum game. Futures contracts are forward contracts, meaning they represent a promise to fulfill a certain transaction at a future date. The exchange of assets occurs on the date mentioned in the contract. Futures are different from generic forward contracts in that they contain standardized terms, trade on a formal exchange, are regulated by overseeing agencies, and are guaranteed by clearinghouses. In order to make sure that payment will occur, futures have a margin requirement that must be settled daily. Currency Risk Many Corporations use derivatives for hedging foreign-currency risk, or foreign-exchange risk, which is the risk that a change in currency exchange rates willÃâà adversely impact business results.Ãâà Lets consider an example of foreign-currency risk with XYZ Corporation, a hypothetical U.S.-based company that sells widgets in Germany. During the year, XYZ Corp sells 100 widgets, each priced at 10 euros. Therefore, our constant assumption is that XYZ sells 1,000 euros worth of widgets:Ãâà When the dollar-per-euro exchange rate increases from $1.33 to $1.50 to $1.75, it takes more dollars to purchase one euro, or one euro translates into more dollars, meaning the dollar is weakening or depreciating. As the dollar weakens, the same number of widgets sold translates into greater sales inÃâà dollar terms. This shows how a weakening dollar is not all bad: it can boost export sales of U.S. companies. Ãâà The above example shows the good news event that can occur when the dollar depreciates, but a bad news event happens if the dollar appreciates and export sales end up being less. In the above example, we made two very important simplifying assumptions that affect whether the dollar depreciation is a good or bad event:Ãâà (1) we assumed that XYZ Corp. manufactures its product in the U.S. and therefore its inventory or production costs is inÃâà dollars. If instead XYZ manufactured its German widgets in Germany, production costs would be incurred in euros. So even ifÃâà dollar sales increase due to weakening of the dollar, production costs will go up too! This effect on both sales and costs is called aÃâà natural hedge: the economics of the business provide their own hedge mechanism. In such a case, the higher export sales are likely to be mitigated by higher production costs.Ãâà (2)Ãâà Ãâà We also assumed that all other things are identical, and often they are not. For example, we ignored any secondary effects like whether XYZ can adjust its prices and effects of inflation. Most multinational corporations are faced with some form of foreign-currency risk even after natural hedges and secondary effects.Ãâà Now lets illustrate a simple hedge that a company like XYZ might use. To minimize the effects of any USD/EUR exchange rates, XYZ purchases 800 foreign-exchange futures contracts against the USD/EUR exchange rate. The gain in each futures contract has a value equal to above the $1.33 USD/EUR rate. (Only because XYZ took this side of the futures position, somebodyÃâà the counter-party will take the opposite position):Ãâà If the dollar were to depreciate instead, then the increased export sales are mitigated (partially offset) by losses on the futures contracts. Hedging Interest-Rate RiskÃâà Companies can hedgeÃâà interest-rate riskÃâà in various ways. Consider a company that wants to sell a division in one year and at that time to receive a cash windfall that it wants to park in a good risk-free investment. If the company believes that interest rates will drop between now and then, it could buy (take a long position on) aÃâà TreasuryÃâà futures contract. The company is effectively locking in the future interest rate.Ãâà Here is an example of a perfect interest-rate hedge used by XYZ Corporation. The Company had two interest rate swaps outstanding at September 30, 2004,Ãâà designated as a hedge of the fair value of a portion of fixed-rate bond. The change in fair value of the swaps exactly offsets the change in fair value of the hedged debt, with no net impact on earnings. Ãâà Ãâà Ãâà XYZ is using anÃâà interest rate swap. Before it entered into the swap,Ãâà the company wasÃâà paying aÃâà floating interest rateÃâà on some ofÃâà its bonds. For example, a common scenario would be to payÃâà LIBORÃâà plus something and to reset the rate every six months. We can illustrate these floating rate payments with a down-bar chart:Ãâà Ãâà Ãâà Now lets look at the impact of the swap, illustrated below. While receiving floating-rate payments the swap arrangement requires XYZ to pay fixed rate of interest. The received floating-rate payments as shown in the upper half of the chart below are used to pay the pre-existing floating-rate debt.Ãâà XYZ is then left only with the floating-rate debt, and has therefore managed to convert a variable-rate obligation into a fixed-rate obligation with the addition of a derivative. The variable-rate coupons that XYZ received exactly compensates for the companys variable-rate obligations. Commodity or Product Input HedgeÃâà Companies that depend on raw-material inputs or commodities are sensitive, sometimes significantly, to the price change of the inputs. Airlines, for example, consume lots of jet fuel. In the past, most airlines have given a great deal of consideration to hedging against crude-oil price increases. For example XYZ ltd produces agricultural products, herbicides and biotech-related products.Ãâà It uses futures contracts to hedge against the price increase of olive and corn inventory. XYZ ltd uses futures contracts to prevent itself against commodity price increases; these contracts hedge the committed or future purchases of, and the carrying value of payables to growers forÃâà olive and corn inventories. Pension funds Many pension funds are starting to like the idea of derivatives. As funds and their sponsors search for more effective ways to manage risk, they are realizing that derivatives can alter the nature of that risk in ways that are not possible in the cash markets. Pension funds are exposed to many risks, some of which they take actively while others they may be taking passively. Funds actively take equity and credit risk, for example, because they feel they are being adequately rewarded. Passive risks include movements in the present value of their liabilities due to changes in interest and inflation rates. Many funds do not believe they are being adequately compensated for these risks. The importance of derivatives is that they can be used to improve the return profile of their active risks, and to neutralize unwanted passive risks. These passive risks are usually created by a mismatch between a funds assets and its liabilities. A pension fund can use interest rate swaps, for example, to remove the risk that a change in interest rates will have an impact on its funding level. Or it can enter into an inflation-linked swap so that it is no longer exposed to changes in the experienced rate of inflation. The up-front costs of neutralizing these risks can be low. But as with any investment strategy, there is a downside as well as an upside. A pension fund that enters into an interest rate swap is no longer vulnerable to a fall in interest rates but neither will it benefit from a rise. Similarly, if a fund uses inflation swaps to protect itself against a rise in inflation it will no longer benefit from a fall. Another passive risk pension funds face is that of corporate sponsor default. An interesting possibility for some funds would be to neutralize this risk by buying protection for any funding deficit in the credit default swap (CDS) market. This strategy would entail paying an annual premium to counterparty, and receiving a pre-agreed sum of money that would cover the deficit if the sponsor defaulted. The size of the premium would depend on the credit quality of the sponsor. Hedge funds AÃâà hedge fundÃâà is not highly regulatedÃâà investment fundÃâà that is typically open to a limited range of investors who pay aÃâà performance feeÃâà to the fundsÃâà investment manager. Every hedge fund has its own investment strategy that basically determines the type of investments it undertakes and these strategies are highly individual. As a class, hedge funds embark on a wider range of investment and trading activities than traditionalÃâà long-only investment funds, and invest in a broader range of assets includingÃâà longÃâà andÃâà shortÃâà positions inÃâà shares,Ãâà bondsÃâà andÃâà commodities. Hedge funds often try toÃâà hedgeÃâà some of the risks inherent in their investments using a variety of methods, notablyÃâà short sellingÃâà andÃâà derivatives. Hedge funds dominate certain specialty markets such as distressed debt and trading within derivatives with high-yield ratings. Modern portfolio theory segregates the return on an investment portfolio into market related component multiplied by beta, a measure of volatility, and alpha, the specific return associated with portfolio that is independent of the market. Alpha measures a Hedge fund managers skill in creating excess return over the market benchmark. Alpha does involve leverage, but the risk can be mitigated with the cash freed up by the use of derivatives is invested in assets that have no correlation with the passive part of the alpha. A market neutral hedge fund, for example, should offer an Alpha return with no correlation to the stock market. Advantages of Hedge Fund Investing Mostly hedge funds bank on the prosperity of only one investment and are not overly diversified investments. Aggressive investment strategies such as short-selling or borrowing money to purchase more assets (leverage buying) can legally be utilized Extremely huge gains in the millions are the potential reward for investing in hedge funds Disadvantages of Hedge Fund Investing Hedge funds are extremely risky and huge sums of money can be lost in the blink of an eye The performance fee for the hedge fund manager may encourage them to take bigger risks with investors money which may result in large losses There are very few government regulations regulating hedge fund investments
Sunday, May 17, 2020
The Social Of Social Media - 1071 Words
Nikita Raval Professor: C. Thompson Date: 12/1/2015 Composition 1 The Social Media Play The social media arose in late 1990s; one of the earliest was classmates.com in the year 1995(Online social networks).The website helped people search for registered members from kindergarten, university, schools and military. The social networks help people to connect with each other and can post news, photographs, and documents. The sites have helped people with their interests and popularity for these sites has given rise to various issues of privacy and security of the material and things online. The sites have photographs; dating sites have also become trendy these days (Online socialâ⬠¦show more contentâ⬠¦Now and then questions about if social networking is good to access or not have been controversial always. There is a unit to control this cybercrime. Research says everyday 1, 50,000 people are victims of cybercrime each day. The threat is not all data should be available for people or government. The social media also contents some of the not to share or private data of government use or are property of the respective country. The hackers are now easily available everywhere it has now become so much easy to crack and decode the websites and much of confidential data. It is possible to misuse this data (Online social networks). The social media largely distributes over education, industry, government, organizations, dating, law-enforcements, health, utility and various other sectors. The reports also suggest that social media and networking has led to increase in the gang crimes. The research shows that last year 500 people were killed in Chicago and even more in the cities with more population like New York and Los Angeles (Austen, Ben). Everyday Facebook, instagram and other websites are full of this news which has led to increase in motivation of such ideas instead of disclaimer, it has become the source of ideas for teenagers and also any other age ââ¬â group. The person wakes up to violence each day f or example, the person wakes up and starts insults anyone causing more increasing in rivals and threat for safe survival. It is so much
Wednesday, May 6, 2020
Moral Human Spiritual Values in Children - 1451 Words
Moral human spiritual values in Children Moral Versus Spiritual Values Scientific Achievements : As you know, in science we have made many extraordinary and incredible achievements. We have split the atom, and now we are trying to solve the microstructure of matter. In space, we have landed on the moon, and we have made space probes as far as the distant planet of our solar system. Through communication, we can watch the globe on the TV screen, and the television brings to us instant coverage and analysis of distant parts of the globe. In medicine, in the operating room, we are now transplanting a pulsating heart. Sixties and Hippieism : On the other hand, there are a few who would deny degradation, deterioration and theâ⬠¦show more contentâ⬠¦Mencius stresses that if manââ¬â¢s nature, that is moral values, was left uncultivated, he would become like that of the animal. And Confucius believes that in conflict between reason and desire, the moral faculty should be arrayed on the side of the rational principles. Moral Values and a Compass : Moral values in our lives could be compared with a compass. As the compass directs the ship through the storm, at sea, moral values direct us through challenges in life. But why do people not like to follow their conscience and moral values? There are several reasons but perhaps the most important of all is a craving and a strong desire towards freedom without responsibilities. People throughout the world like freedom and they fight for it. They are against anything that would interfere with their sense of freedom. Uncontrolled Freedom : But according to one of famous eastern philosophers, uncontrolled freedom is of the animal. Because animals operate on instinct. They donââ¬â¢t have choices, therefore we cannot expect responsibility from them. Human beings, on the contrary, are charged with responsibilities because they can make choices. Animal instinct versus human responsibilities Unfortunately, some people in our society are operating on animal instinctShow MoreRelatedWhat Really Ails America Essays965 Words à |à 4 Pagesby an aversion to spiritual and religious things. This lack of spirituality and religion has skewed the perception of what is now considered to be ethical in this country. Bennett not only makes note of the issues, but also goes on to explain why this is happening in society, and what can be done to get back on track. Although he is accurate in noting that America is indeed a ââ¬Å"society in declineâ⬠in terms of morals, the idea that full blame is to be placed on a lack of spiritual beliefs is deficientRead MoreImportance of Moral Education1053 Words à |à 5 PagesMoral education is becoming an increasingly popular topic in the fields of psychology and education. Media reports of increased violent juvenile crime, teen pregnancy, and suicide have caused many to declare a moral crisis in our nation. No one can deny the importance of moral education. It is the only way out to keep control that they find themselves unable to differentiate between right and wrong. Moral education will enable them to go on the right path forgetting all those which are not at allRead MoreBeliefs, Morals and Values Application Essay1554 Words à |à 7 Pages#Beliefs, Morals and Values, # Beliefs, Morals and Values Application According to Websterââ¬â¢s II New College Dictionary a belief is the mental act, condition, or habit of placing trust or confidence in a person or thing and mental acceptance of or conviction in the truth or actuality of something (1995). A belief consists of anything believed by conviction or faith; a belief can be something accepted as true (Weber, 2002). Beliefs are convictions; trust or confidence placed in a person orRead MoreTechnology And Science Have Changed The Way Society Views981 Words à |à 4 Pagesthe future, human genome editing. Human genome editing is a form of genome therapy. Genome Therapy refers to the removal of faulty genes or adding new genes to cure or prevent disease (Placeholder1). This news article, found on multiple sites like Science Daily and The National Academy of Science, explains the guidelines researchers suggest for genome editing. The article also addresses the public s concern of ââ¬Å"enhancementâ⬠per the future use genome editing. About the Article The Human Genome EditingRead MoreThe Plan of God: Family or Church? Essay1434 Words à |à 6 Pagesperson. Rules are taught; character and behaviour are developed through modeling. Rules or morals are not significant if a child does not agree with them. The behaviour of someone is a result of what theyââ¬â¢re exposed to. A person chooses to behave in a certain way depending on what they value. Gold (1999) states that the culture is desperate and dependent upon the return of traditional families where morals are both taught and modeled. Gold (1999) understands that to if someone is surrounded by peopleRead MoreEssay on Family Unity And Moral Values1210 Words à |à 5 Pages Family Unity and Moral Values nbsp;nbsp;nbsp;nbsp;nbsp;The increase in the number of divorces and the decrease in the number of marriages does not reflect a breakdown of the family unit in the United States and the decay of moral values. quot;I dont think divorce is as big of problem as politicians make it out to be. Yes, many couples get divorced, but their children can still have stability and grow up to be good people.quot; (Price) The breakdown of the family unit in the United StatesRead Moreisa 1 paper 21122 Words à |à 5 PagesMarion Fernandes-120629420 ABSTRACT This assignment looks at the work of Pundalik Naik and the research draws up upon a character, Abu who is called as the conscience keeper of the village. Most prior research focuses on his traditional, spiritual and moral values that he tries to inculcate in the villagers of Kolamba for their better future and prosperity of the village. This has been done entirely upon reading and analyzing the character of Abu from the novel ââ¬Å"The Upheavalâ⬠. By portraying this characterRead MoreShould Public Schools Begin The Day With A Silent Prayer Time?870 Words à |à 4 Pagespeople say that prayer should not be allowed in public schools because public schools are funded by the tax payers, who are not all religious. Others say that prayer should be allowed in public schools because it would acknowledge the religious and spiritual heritage of America, and that it would improve the school environment and society. For these simple reasons, beginning the day with a silent prayer time sho uld be allowed and encouraged. Those opposed to silent prayer, argue that not all tax payersRead MoreNews And Bioethics: The Ethics Of Human Genome Editing.989 Words à |à 4 PagesNews and Bioethics: The Ethics of Human Genome Editing Technology and science have changed the way society views the future. Reproductive technology, bio-medical technology, and even simple household appliances have changed how people live, think, and interact. According to Science Daily, scientists are researching another technological advancement to look forward to in the future, human genome editing. Human genome editing is a form of genome therapy. Genome Therapy refers to the removal of faultyRead MoreChallenges facing youths today1513 Words à |à 7 Pagestodayââ¬â¢s youth are afflicted by new challenges. These include: 1. An Identity Crisis: Who am I? 2. Lack of self confidence and low self esteem: I am worthless 3. A sense of hopelessness: Where am I going? 4. Confusion and ambiguity concerning moral issues: What is right and wrong? 5. The negative impact of the electronic media: Entertainment ? 6. Competitiveness in education: the uneven playing field: Excellence by whom? Not Me. Muslim Youth The Quran and life of the Prophet give numerous
Phaedo Summary Essay Example For Students
Phaedo Summary Essay George Waszczuk9/25/2000Wed: 6:30-9:30pmPhaedo SummarySocrates stands now before his disciples telling them he is not afraid of dying because he says death is what the true philosopher waits for all his life. The philosopher must have lived a good life, and when death is presented upon him, he should take the opportunity. Socrates formed a conclusion that: That the real philosopher has reason to be of good cheer when he is about to die, and after death he may hope to obtain the greatest good of the world. Socrates is saying that when death is presented upon him, he should have no reason but to be happy, and when that death comes; he will have achieved the best gift in the world. Socrates states evidence of why he is not afraid of dying through multiple mini-conclusions. Socrates says to Simmias, Why when his time comes should he repine at which he has always been pursuing and desiring? Socrates is saying why should philosophers grieve at death when that should be the goal of their whole lives. He believes only philosophers can understand because he believes philosophers will be truly alive after death, and normal men will just die. Normal men do not know that true philosophers have always been pursuing death and dying, and the desire of death has been with them all their lives. Through out his whole testimony, Socrates states questions to his disciples already knowing the answers, but he wants to hear Simmias agree to all of them. Do we believe that there is such a thing as death, states by Socrates. When Simmias agrees this he brings out all his support. Socrates believes Death is the separation of the body and soul. The soul is the biggest part of the death. The soul goes on living and doesnt have to deal with any of the bad commodities of the body attached. You are only dead when this separation has been completed. Therefore death is when the body exists in herself, and is released from the soul. Through out the life of a philosopher or any other person there are fruits of life. There are many unnecessary pleasures and treasure in which we could live without. Instead of caring about them, shouldnt he rather despise anything more than nature needs.? Socrates is saying that to go as the true philosopher, you have to live life with only the bare essentials needed and pass the opportunities for the unnecessary pleasures and treasures like costly clothing, sandals etc and other adornments. The philosopher who is indifferent about bodily pleasures is as good as dead. Socrates is saying that if a philosopher goes through life passing up pleasures not needed, he will definitely get his chance at death. The philosopher is only concerned with the soul and not the body, and as soon as possible would like get rid of his body and turn to his soul. And all other men wonder and opinionate about him not enjoying lifes pleasuresThe body only gets in the way of things because the senses of the body only hinder the ways of acquiring knowledge. The body if invited to share the inquiry, the senses hinder the body. Sight and hearing are the best of the senses and yet they are inaccurate as it is. So acquiring knowledge through these senses only hinders a philosopher. Socrates concludes that the body is a hinderer when invited to share in the inquiry of knowledge. To acquire this knowledge purely, thought is best when the mind is gathered into herself and none of these things trouble her. Socrates is saying the philosopher should be one with his soul and not let any outside forces bother him when the mind is in thought. When neither sights, sounds, pains, pleasures effect the leaving of the body, and the philosopher is after his true being with his soul will the mind be in its best state. .ubc2e8e0ddf666f8444f5a13b078b8d92 , .ubc2e8e0ddf666f8444f5a13b078b8d92 .postImageUrl , .ubc2e8e0ddf666f8444f5a13b078b8d92 .centered-text-area { min-height: 80px; position: relative; } .ubc2e8e0ddf666f8444f5a13b078b8d92 , .ubc2e8e0ddf666f8444f5a13b078b8d92:hover , .ubc2e8e0ddf666f8444f5a13b078b8d92:visited , .ubc2e8e0ddf666f8444f5a13b078b8d92:active { border:0!important; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .clearfix:after { content: ""; display: table; clear: both; } .ubc2e8e0ddf666f8444f5a13b078b8d92 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ubc2e8e0ddf666f8444f5a13b078b8d92:active , .ubc2e8e0ddf666f8444f5a13b078b8d92:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .centered-text-area { width: 100%; position: relative ; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ubc2e8e0ddf666f8444f5a13b078b8d92:hover .ctaButton { background-color: #34495E!important; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ubc2e8e0ddf666f8444f5a13b078b8d92 .ubc2e8e0ddf666f8444f5a13b078b8d92-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ubc2e8e0ddf666f8444f5a13b078b8d92:after { content: ""; display: block; clear: both; } READ: The Catholic Church and birth control EssaySocrates wants to die. He has been waiting all his life, and now it is his time to go. He states to his disciples that life is all about waiting to die. The soul is the only important thing about the body only because the body holds it for a while and when death has become, the soul will separate and the philosopher will live the real life he has been waiting for. All the body does is get in the way. The body has to deal with pains and pleasures, diseases, weather etc. When the separation is complete, the philosopher will then become a true philosopher and will be able to acquire knowledge without any obstacles that the body would have to go through. Words/ Pages : 775 / 24
Monday, April 20, 2020
Nuclear Power Essays (789 words) - Nuclear Technology,
Nuclear Power Nuclear Power Nuclear energy in California has produced 36,186 million Kilowatt/hours of electricity in 1995. The total dependable capacity of Californias nuclear-supplied power is 5,326 megawatts, including the two operating nuclear power plants in California and portions of nuclear plants in other states owned by California electric companies. There are two ways to release energy from nuclear reactions: fission and fusion of atomic nuclei. Electricity generating technologies are available, whereas fusion is still in the early stages of research and development. Nuclear fission is the process of splitting the nuclei of atoms, which releases energy from within those atoms. Nuclear fusion is the process of joining, rather than splitting, these atoms with similar releases of energy. There are several types of fission reactors in the United States but the most common is light water reactors. The reason they are called light water reactors is because normal (light) water is used to cool the reactor core; some reactors use heavy water, which contains hydrogen atoms with an additional neutron in the nucleus. Pressurized water reactors (PWR) and boiling water reactors (BWR) use uranium-235, a naturally occurring radioactive isotope of uranium, as a fuel. As the nucleus of a uranium-235 atom is hit by a neutron, it splits into smaller atoms of other elements, and releases energy and extra neutrons. Those neutrons hit more atoms of the original uranium-235 creating a fission chain reaction that releases more energy and neutrons. In a PWR, water passes through the nuclear core and is heated. The power plants primary circulating system passes water through the reactor core, where the water is heated by the nuclear reaction. That water (under high temp and pressure to prevent boiling) is passed through a steam generator, where it releases its heat to the secondary circulating system. Water in secondary circulating system is allowed to boil, and the resulting steam is used to drive a steam turbine-generator. In a BWR, there is no need for a steam generator and a secondary circulating system, as the water in primary circulating system is allowed to boil before exiting the reactor and is then routed directly to a steam turbine-generator. There are only two nuclear power plants out of six that are still used in California. The first one is owned by PG&E named Diablo Canyon Nuclear Power Plant near San Luis Obispo. The Plant has two units; the first unit is a 1,073-megawatt PWR, which began operation in May 1985. The second unit is 1,087-megawatt PWR, which began operation in March 1986. The second plant is owned by Southern California Edison Co. and San Diego Gas & Electric named San Onofre Nuclear Generating Station. Unit two of that station is a 1,070-megawatt PWR that began operation in August 1983, while unit three is a 1,080-megawatt PWR that began operation in April 1984. Below is a chart of nuclear power plants in California: Nuclear Power Plants in California Name of Plant Capacity (MW) In Service Owner Diablo CanyonUnit 1Unit 2 1,0731,087 19851986 PG&EPG&E San OnofreUnit 1Unit 2Unit 3 4361,0701,080 1968 - 199219831984 SCE/SDG&ESCE/SDG&ESCE/SDG&E Humboldt Bay Unit 3 * 65 1963 - 1976 PG&E Rancho Seco 913 1975 - 1989 SMUD Vallecitos 30 1957 - 1967 PG&E/GE * Units 1 and 2 are natural gas-fired thermal power plants on the same site. There are many reasons and issues why we dont have a lot of nuclear power plants in California here are a few: ? Nuclear plants may not be economically feasible in the United States. No American utility has proposed to construct a new nuclear power plant since the late 1970s. ? Need for a spent fuel disposal facility and a decommissioning plan ? Use of large amounts of water for cooling purposes (if wet cooling ? towers are used) ? Biological impacts on the ocean due to thermal discharge (if seawater cooling is used) ? Designing for seismic safety ? Public safety concerns ? Transportation issues associated with the development of an emergency evacuation plan ? Changes in visual quality due to the power plant structures, including the reactor vessel containment structure, and cooling towers (if applicable) ? Potentially significant amounts of land ? Potentially significant public opposition Nuclear power plants produce a lot of energy but they serious environmental problems. I think that these plants are
Sunday, March 15, 2020
Free Essays on World War I
The United States Enters the War (1914-1917) Summary When war broke out in 1914, America's traditional isolationist tendencies took Hold. President T. Woodrow Wilson charted a neutral course, focusing on the maintenance of the rights of neutral countries on high seas. Sea rights were crucial to the United States because neutrality allowed American businessmen to trade with needy Allies and, to a lesser extent, Germany. By 1916, US trade with the Allies had jumped from US$825 million just two years before to US$3.2 billion. If the American merchant marine was in jeopardy, American business could make no profit. That is probably why the unrestricted submarine warfare practiced by Germany U-boats angered Wilson so much. In late 1915, a German U-boat sunk the merchant ship Lusitania, killing one hundred and twenty Americans. One year later, the Sussex was sunk, similarly without warning, as had been the custom prior to World War I. Americans were outraged at the violation of their rights on the high seas and enmity toward Germany increased considerably. Still, isolation ruled the day. In November 1916, President Wilson was re-elected to a second term under the slogan "He kept us out of war", suggesting the continued appeal of neutrality in the face of German harassment in the Atlantic Ocean. However, during the campaign, Wilson, a Democrat and admitted novice at military affairs, sought to placate the right by standing firm against Berlin, demanding that unrestricted submarine warfare end, or Washington would terminate all diplomatic relations with the German Empire. The United States was just a few steps away from war. Still locked in Monroe Doctrine-style isolation, America was slow to react. However, early 1917 witnessed the proverbial last straw. German Foreign Minister Alfred Zimmermann, in attempt to eliminate America as a direct military threat to the war in Europe, offered Mexico Germany's assistance in recovering the fo... Free Essays on World War I Free Essays on World War I The United States Enters the War (1914-1917) Summary When war broke out in 1914, America's traditional isolationist tendencies took Hold. President T. Woodrow Wilson charted a neutral course, focusing on the maintenance of the rights of neutral countries on high seas. Sea rights were crucial to the United States because neutrality allowed American businessmen to trade with needy Allies and, to a lesser extent, Germany. By 1916, US trade with the Allies had jumped from US$825 million just two years before to US$3.2 billion. If the American merchant marine was in jeopardy, American business could make no profit. That is probably why the unrestricted submarine warfare practiced by Germany U-boats angered Wilson so much. In late 1915, a German U-boat sunk the merchant ship Lusitania, killing one hundred and twenty Americans. One year later, the Sussex was sunk, similarly without warning, as had been the custom prior to World War I. Americans were outraged at the violation of their rights on the high seas and enmity toward Germany increased considerably. Still, isolation ruled the day. In November 1916, President Wilson was re-elected to a second term under the slogan "He kept us out of war", suggesting the continued appeal of neutrality in the face of German harassment in the Atlantic Ocean. However, during the campaign, Wilson, a Democrat and admitted novice at military affairs, sought to placate the right by standing firm against Berlin, demanding that unrestricted submarine warfare end, or Washington would terminate all diplomatic relations with the German Empire. The United States was just a few steps away from war. Still locked in Monroe Doctrine-style isolation, America was slow to react. However, early 1917 witnessed the proverbial last straw. German Foreign Minister Alfred Zimmermann, in attempt to eliminate America as a direct military threat to the war in Europe, offered Mexico Germany's assistance in recovering the fo... Free Essays on World War I World War 1 began in 1914 and ended in 1918. Until about 1939, especially in England, World War 1 was called the Great War because it was the most destructive and widespread war that the world had ever seen before. The First World War was less destructive than World War II to civilian life and property, but in other ways it was worse. This is because the world was not prepared for the outcome of the war, and large amount of effects, and all of the loses that came from the Great War. There were different reactions to the end of the war. The immediate reaction to the end of the conflict was one of relief. Everyone was satisfied that the war was finally over after four long years. All over Europe people were celebrating and having parties in the streets. When the celebrating stopped, thousands of men and women started trying to find the spot where their loved one or loved ones had died. There was a numbness after the war that seemed to put everyone into a kind of paralysis. Then everyone felt a need to justify what took place in the war and they wanted revenge. There was a great amount of people who died in the years between 1914 and 1918. There were also a lot of creative and talented people that were killed in that time too. There are approximately seven hundred and fifty names of poets, playwrights, writers, artists, architects, and composers listed in an anthology by Tim Cross who died as a result of the First World War. The people on that list are only people who had already accomplished something in their fields. Out of the ten million men who died in this war, there could have been a lot more men who could have gone on to do great things in the arts, sciences, medicine, and in politics. There was a lot lost in the war. There were approximately ten million men that died in the war; this did not include the twenty million that were wounded. Out of all the countries, Russia lost the most. There was also a lot of m...
Friday, February 28, 2020
The Philosophy of St. Augustine Essay Example | Topics and Well Written Essays - 750 words
The Philosophy of St. Augustine - Essay Example As such, St. Augustine himself brought the ââ¬ËCity of Godââ¬â¢ to proposition, synthesizing conception of justice and state under Platoââ¬â¢s theory or that it occurs rather disposed to resemble it. Since ââ¬Ëjusticeââ¬â¢ is an entity on which the ââ¬Ëstateââ¬â¢ must be founded, its presence is essential in determining how a good kingdom is like or should be. For St. Augustine, the applicability of justice in this sense may be extended to the measure of happiness for the ruler within a state or kingdom. He concretizes moreover: ââ¬Å"For neither do we say that certain Christian emperors were therefore happy because they ruled a long time, or dying a peaceful death ... or subdued the enemies of the republic ... But we say that they are happy if they rule justly.â⬠On a biblical context, St. Augustine claimed that rulers can satisfy being just if they are capable of delaying punishment yet are ready to pardon and if they necessitate having to employ such pun ishing act upon the government in favor of defending the republic. In ââ¬ËThe Republicââ¬â¢, this well coincides with Platoââ¬â¢s argument explicating that the elements namely ââ¬â reason, appetite, and spirit must consist in justice just as they must in state (Ebenstein & Ebenstein, 1990). According to St. Augustine, two cities emerge out of love of self or the earthly love and love of God or the heavenly love. While the love of self is sought based on the approval of men, regardless of Godââ¬â¢s judgment, the love of God exists in an individual who primarily seeks Godââ¬â¢s glory despite harsh criticisms by other men. As a consequence, the earthly city is composed of nobilities and subjects that are governed by the exercise of authority where pleasing the state seems to form the sole basis and cause either of anxiety or of contentment among people. In the heavenly city, however, it is the Lordââ¬â¢s command that matters most for the people who fear or delight in following his will. The truth behind divine forces or the ways by which God communicates to men in the city of God may, to a certain extent, raise doubts requiring support via evidences that are less abstract than intangible conviction, Nevertheless, St. Augustineââ¬â¢s proposition quite matches the remarkable portion of world history when kingdoms indeed found triumph over all others because they, rulers and subjects alike, had hopes that rested highly on Godââ¬â¢s power to vanquish the enemies. When St. Augustine further elaborates that the absence of human wisdom enables godliness and genuine worship of God in the heavenly city, such idea may be perceived to bear consistent thought and agreement with the conception of justice in state. A godly nation with a just king or emperor discerns justice that places no distinction between the rich and the poor or the strong and the weak, only between right and wrong by sensible law, for by the fundamental meaning of the term, it is intended to be carried out at times unjust situations transpire. With the city of God, this condition especially holds for the Lord is considered the supreme being so that all else under him are made equal with each other in view of justice and its righteous function as God himself exhibits no partiality in rendering proper justice on anyone through Christian faith. Much as St. Augustine distinguished between the two cities with opposing characteristics he more so argued about the two types of man
Wednesday, February 12, 2020
Case Study Example | Topics and Well Written Essays - 250 words - 45
Case Study Example The first stage is the creation or the birth of the organization. This stage often starts with entrepreneurship where the organization appreciates and acknowledge the existence of customers who leads to the business activeness. The second stage is the survival of the organization that leads to the growth. At this stage, organizations often establish frameworks and development capacities. These are usually achieved through set targets and sufficient revenues that they use for survival and expansion. Notably, some organizations often move to the next stage from the survival stages while others often collapse. From survival, organizations move to maturity stage where they enter into a formal hierarchical management. At this stage, organizations never focus on expansion but effective operation and management. The maturity stage is characterized with the linear systems since organizations often tend to remain at this stage for long time and they conduct same operational practices repeatedly thereby making these practices routine operations (OÃËzbilgin and Malakh-Pines, 2007). From the maturity stage, organizations often follow to decline and eventual die. Most of the organizations that often decline and die after reaching maturity stage are those that were supported by governments or those that have been affected by changes in political
Friday, January 31, 2020
Measuring Success for Riordan Essay Example for Free
Measuring Success for Riordan Essay With the goal of realizing sustainability for the shareholders, Riordan Manufacturing is working towards a growth strategy that will further expand operations globally. Expansion of business outside of the United States and Hangzhou, China will help Riordan gain brand recognition and claim greater market share within their industry. Global operations will also help to streamline shipping processes to overseas customers, and reduce wasted hours and expenditures. With a strategy drawn up and the implementation ready to begin, Riordan Manufacturing needs to realize that progress needs to be tracked. Certain measurement techniques and assessment protocols should be in place to verify that the strategy is implemented properly. In this paper measurement guidelines will be given that will verify strategy effectiveness, assessment and feedback ideas will be outlined, and plans for strategy alterations will be defined. The evaluation and control process ensures that the company is achieving the desired goals and objectives that it is set out to accomplish. In order to setup the most appropriate evaluation process, there are many guidelines for measurement that should be considered. Cost effectiveness, relevance, and validity are attributes that should be considered when measuring outputs and outcomes. A measure is cost effective is the control and information it provides outweighs the cost of producing the data (Governorââ¬â¢s Office of Budget and Planning and Legislative Budget Board, 1992). The measure should also be relevant in that it relates to the companyââ¬â¢s goals, objectives and strategies. This information should be used for assessment and decision making as well. In regards to validity, the measure should collect all information that directly relates to the scope of the process or project. All other non relevant information should be filtered and discarded to achieve the results intended. The management team of Riordan Manufacturing needs to determine the specific implementation process to be used and what results will be monitored and evaluated. In addition, the management team will be responsible for setting standards of performance used to measure performance that are detailed expressions of strategic objectives (Wheelen Hunger, 2010). Return on investment (ROI) and earnings per share (EPS) are considered to be appropriate measures that Riordan Manufacturing should use in order to determine if the company is reaching their profitability objectives. These measures are limited in that they do not display real time information and instead focus upon what has already happened. In order to combat this, steering control are used to measure variables that influence future profitability (Wheelen Hunger, 2010). Since Riordan Manufacturing is looking to increase the effectiveness of its customer service, customer satisfaction should be used as one of the companyââ¬â¢s steering controls. Customer satisfaction can be measured through scores on the American Customer Satisfaction Index (ACSI) or through of process of comparing the total amount of sales with the amount of customer service requests and the time spent dealing with the customerââ¬â¢s problem. This measurement will have a direct impact upon the quarterly profits of the company.
Thursday, January 23, 2020
From Roswell to Dreamland :: essays papers
From Roswell to Dreamland Are we alone in the universe? This has been a common question in modern day. It is very difficult to prove that extraterrestrials exist. However, the evidence to prove that the earth has been visited is very convincing. The Roswell incident in 1947 is one event that proves the existence of extraterrestrials. Another piece of important evidence that proves the existence of UFO's is Bob Lazars testimony of his experience working in the US secret base at Area 51. The earth has been visited by intelligent life because of the witnesses and evidence behind the story of Roswell and Area 51. On July 2nd, 1947, Jim Ragsdale was camping on a three day weekend when he saw an object "as bright as a welding torch" pass through the sky and strike the ground a few miles away. Corporal E.L Pyles saw the same thing from a military compound just outside of town. Shortly after, William Brazel found strange pieces of wreckage on his massive ranch 75 miles outside of Roswell. The newspapers were already running the story Jim Ragsdale and Corporal Pyles told of the bright light in the sky, so William knew that he had found wreckage of a "flying saucer." On July 6th, he drove to Roswell with some of the debris and he showed it to the Chaves County Sheriff, George Wilcox. After examining the debris, Sheriff Wilcox contacted Major Jesse Marcel at The Roswell Army Air Field. Marcel and is commanding officer Colonel William Blanchard both inspected the debris. They both agreed that it was nothing like they had seen before, and went to the ranch to collect more of the debris. On July 8th, Marcell and Blanchard returned with two carloads of debris. The wreckage was then flown to Fort Worth Army Air Field. At noon on July 8th 1947, Blanchard ordered a press release telling the country that the army had found remains of a crashed flying saucer. Only a few hours later, General Clemence McMullen in Washington spoke by telephone with Colonel Thomas Dubose in Fort Worth, and told him to "squash" the saucer story, create a cover story, and immediately send some of the debris to Washington. Later that evening, a press conference was held in which they announced that what had crashed was a weather balloon and not a flying saucer. All of the debris, including one very large piece that appeared to still be operable, was collected and never seen again.
Wednesday, January 15, 2020
Mang-Inasal
Mang Inasal Philippines is the Philippine's fastest growing barbeque fast food chain, serving chicken, pork barbeque and other Filipino favorites, was first established on December12,2003 in Iloilo City. It operates quick service. It specializes in chicken inasal an various pinoy products. The companyââ¬â¢s menu include pinoy palamigs, pinoy and keso burger, beef singangs, and bangus sinigangs. And they also serve pork barbeque and other Filipino favorites.Mang Inasal, innovation is important because competition in the fast food industry is very tight. Product innovation is a must as it adds value to the company since products are being offered to the market for attention, acquisition orconsumption that may satisfy a need or want. In this case product innovation is done toget the attention of customers and most especially the non-customers of the company sothat they will have a chance to steal some market share of their competitors.As the saying goes, ââ¬Å"the test of the puddin g is in the eating. â⬠It is imperative for Mang Inasal, being in the fast food industry, to offer its customers with good food. They must thenmake sure that the taste, which the customers have grown accustomed, should bemaintained and standardized, to keep the customers hooked and coming back for more. Freshness and quality of ingredients should also be maintained as part of maintaininghigh standards with their products.Pricing also is an important to consider given that thetarget market of Mang Inasal is considered to be price sensitive. Any sudden and drasticchange in price might push the customers to find other food providers. And in theindustry that Mang Inasal is in, there many others than can provide Mang Inasal customers with other alternatives. It must then be ensured that products of Mang Inasal are priced in a way that highlights value at the same time, still affordable to its customers. The improvements and innovation in the product and services must be continuous.
Tuesday, January 7, 2020
Another Failure Of The Secretariat Was That The Unamir
Another failure of the Secretariat was that the UNAMIR mission was not supplied with enough resources. (1) The stats of their mission meant that they were only able to ââ¬Å"monitor,â⬠ââ¬Å"assist,â⬠and ââ¬Å"investigate.â⬠Although General Dallaire attempted to get cables through asking for changes in the missionââ¬â¢s mandate and a request for more troops to prevent a massacre, he was in instead given unclear or simple no directions. (11) This left the force unable to defence civilians, and themselves, and gave the Blue Helmets absolutely no chance to stop the killings from occurring. (2) The International community failed to provide what they stated would accompany the UNAMIR mission, which even before this failure would not have been equipped to handle aâ⬠¦show more contentâ⬠¦(6) The reason a mission was sent in is because few countries were aware of the long and strenuous history between the Hutus and Tutsis, and believed that the Rwanda situation could successfully transition from civil war to multiethnic democracy. (2) Although the mission could have actually succeeded, the main countries who actually failed Rwanda and were the demise of UNAMIR were members of the Permanent 5 in the Security Council. There are three members of the P5 in the Security Council that can be closely linked to the failure in Rwanda by the United Nations. It was very evident that aid could have been sent in because troops were sent into Rwanda to evacuate foreign expatriates, but the severe lack of political will to volunteer in order to protect Rwandan civilians became very apparent. (8) The first nation state that can be linked to this failure is the United States of America. Because of the failure that the United Nations had had in Somalia, the US had very little intention of entering another mission that did not meet their national or geopolitical interest. Once it was decided that a mission needed to be sent into Rwanda, both the United States and the United Kingdom advocated for the least expensive force that could be mustered, and these economic shortcomings ended up proving incredibly fatal. (8) Boutros Boutros-Ghali requested that 5000 troops be sent into Rwanda, but the United States then advoc ated strongly againShow MoreRelatedAn Analysis and Evaluation of the United Nations Peacekeeping Role in Rwanda2919 Words à |à 12 PagesAn Analysis and Evaluation of the United Nations Peacekeeping Role in Rwanda Rwanda is the most shameful example of recent failure by the international community (House of Commons, 1998/99: v). Under the peacekeeping leadership of UN more than 800,000 people were killed in less than 100 days in 1994 (Shawcross 2000). This systematic killing remains a bitter memory for all who witnessed and survived it. Rwandans killed Rwandans, decimating the Tutsi population of the Read MoreInternational Community Is Culpable For The Rwandan Genocide1376 Words à |à 6 Pageswhich was ratified by the UN some years following the Rwandan genocide, as the UNââ¬â¢s attempt to prevent the mistakes of Rwanda and other genocides. Ã¢â¬Æ' Background ââ¬â Three Reasons for the International Communityââ¬â¢s inaction in the Rwandan Genocide I feel that the international community is culpable for the Rwandan genocide and will focus on the three reasons for this inaction. First, inaction was due to national interests. As an example, the US decided not to take action in Rwanda as there was no perceivedRead MoreU.s. Foreign Policy : The Game Of Plausible Deniability1625 Words à |à 7 Pagessection of my paper, the U.S. was spread across the globe in several conflicts. The U.S. had forces in Haiti, Somalia, the Balkans, and the middle East, so when the bloodshed began in Rwanda, the U.S. was not eager to extend it resources to another battle. John Shattuck, Assistant Secretary of State for Human Rights stated, ââ¬Å"Bosnia was in one of its real crisis modes. The Europeans didnââ¬â¢t want to authorize American air strikes for fear that it would endanger troops, and US was not about to authorize anyRead MoreGenocide in Rwanda: international response3465 Words à |à 14 PagesTutsi and moderate Hutu were killed in the Rwandan genocide. It was the fastest, most efficient killing spree of the twentieth century. My thesis is that the international community utterly failed to prevent and stop this atrocity. I will focus on numerous interconnected aspects that led to international inaction and also on the main actors, Belgium, the United Nations Secretariat, the United States and France, that knew that there was genocide underway in Rwanda - therefore, they had a responsibilityRead MoreThe United Nations ( Un ) And The International Monetary Fund1874 Words à |à 8 Pagessystemââ¬â¢. Most of the planning of the design and structure of the UN was done by the Americans and the British. It is an international organization designed to promote international law, security, human rights, economic and social progress. 1Their main objective is to make the enforcement of such easier for people all around the world. It comprises of 193 member countries and its headquarters is in New York. This organization was expected to be a political body controlled by the Great Powers (USARead MoreUnited Nations Role in Conflict Management in Africa: a Case Study of Darfur11729 Words à |à 47 Pagesinto violent conflicts. Violent conflicts have devastating effects on individuals and their societies. It was the horrified effect of First World War that led to the creation of the League of Nations. The failure of the League to prevent another war and the bitter lessons of the Second World War fostered the transformation of the League of Nations into the United Nations (UN). The United Na tions was charged with the maintenance of world peace, develop good relations between countries, promote cooperation
Monday, December 30, 2019
Economic Systems And The Economic System - 808 Words
Throughout homo sapiens evolution tribes managed resources the most efficient ways possible (given their acute primitiveness). For those thousands of years as tribes, they expanded their intellects and became less self-reliant, moving away from hunting and gathering. Humans started to invent new technologies that made their lives easier; thus, individuals specialized in producing or providing these goods and services to fellow tribe members. As they cultivated ever more superior technologies the standard of living grew. This gave way to exponential population growth, towns, cities, kingdoms, and empires were established. Macroeconomics arose as societies devoted time and energy into governing their factors of production and maximizingâ⬠¦show more contentâ⬠¦In addition, the buyer and seller consider their own personal gain when exchanging, thus, self-interest is the motivating force in the free market. The struggle among producers for the dollar of consumers is competiti on; it is the regulating force behind the free market. Competition pushes businesses to produce goods of higher quality and moderate their desire to raise prices. To summarize, the free market elevates the standard of living, economic efficiency, economic freedom, and economic growth. Nevertheless, a free market systemââ¬â¢s shortfall is that it cannot achieve economic equity and economic security easily. Consequently, the centrally planned economy exists to achieve the weaknesses of the free market. In a centrally planned economy, the government, rather than individual producers and consumers, answers the key economic questions. The government controls all factors of production and directs workers to produce a certain number of goods. Command economies oppose private property, free market pricing, competition, and self-interest. However, command economies do not perform well in practice, lacking logistics to coordinate an entire economy, reducing efficiency and economic gr owth. Thus, countries with central command are going through an economic transition into mixed economies. Mixed economies are a market-based economic system in which the government is involved to some extent; the governmentShow MoreRelatedEconomic System And Economic Systems910 Words à |à 4 Pagesdifferent economic system,which are known as centrally planned economy, mixed economy, and market economy. I will also be explaining why internationalizing firms should be aware of the differences between all three economic systems and what roles should the government be taking in the free market systems. Before I begin defining the different economic systems I would like to first explain what an economic system is. Every country differs in what economic system is being used. An economic system is a systemRead MoreEconomic Systems And Economic System1961 Words à |à 8 PagesAn economic system governs how a societyââ¬â¢s resources are allocated between people, and so the question o f its morality is immensely important (Winfield, et al, 2014). This essay will analyse the different economic systems by considering the two economic systems that fall on the extreme ends of the spectrum of economic systems, these being capitalism and socialism. It will further discuss the characteristics of each of these economic systems and based on these, argue that the mixed economy is theRead MoreEconomic Systems And Economic System2099 Words à |à 9 PagesEconomic system ââ¬Å"Economic system is that it consists of those situations which a given people or nation has nations has chosen or accepted as the means through which resources are utilized for the satisfaction of human wants.â⬠(studylecturenotes.com, 2016) Economic system allows countries to follow procedure to produce goods using resources available in the countries. It allows the countries to know how much and for whom to produce. There are different types of economic systems in different countriesRead MoreEconomic System1923 Words à |à 8 PagesMicroeconomics Paper: Economic systems Yang Cong Professor Memmos Aug 1st, 2012 Table of Contents 1, Introduction of economic systems 2, the analysis of capitalism 3, Example of capitalism: the U.S. 4, the analysis of socialism 5, Example of socialism: China 6, the analysis of communism 7, Example of communism: North Korea 8, my favorite one is socialism 9, Conclusion There are three main economic systems in the world which are capitalism, socialism and communism. Nowadays, mostRead MoreEconomic Systems1122 Words à |à 5 PagesIntroduction Economic systems are organized way in which a state or nation allocates its resources and apportions goods and services in the national community. An economic system is slackly defined as countryââ¬â¢s plan for its services, goods produced, and the exact way in which its economic plan is carried out. There are three types of economic systems exist, they are command economy, market economy, and mixed economy. Command economy is also sometimes called planned economy. The expectationsRead MoreMixed Economic Systems760 Words à |à 4 PagesEconomic system of a country Identify and evaluate the economic system that Malaysia is adopting. Discuss the rationale of Malaysiaââ¬â¢s economic system in terms of utility maximisation and pricing mechanism for distribution of goods and services. An economic system is the combination of the various agencies, and entities that provide the economic structure that defines the social community. Malaysia has adopting mixed economic systems. Mixed economic system is an economy where there is moreRead MoreAssignment on Economic System1839 Words à |à 8 PagesAn economic system is the combination of the various agencies, entities (or even sectors as described by some authors) that provide the economic structure that defines the social community. These agencies are joined by lines of trade and exchange along which goods, money etc. are continuously flowing. An example of such a system for a closed economy is shown in the flow-diagram. The economics system involves production, allocation of economic inputs, distribution of economic outputs, landlords andRead MoreMoral Economic System537 Words à |à 2 PagesIntroduction Creating a moral economic system should be the ultimate goal of every society. A moral economy is one that is founded on the principles of justice, fairness and goodness. A moral economic system ensures equitable allocation of resources which are scarce in nature and configures markets to ensure that they run fairy. The end results are to realize a stable economy that is free from exploitation, political insecurity and wars. A moral economic system fosters peace and satisfaction amongRead MorePolitical and Economic System1250 Words à |à 5 PagesSpain Analysis of the Political and Economic Systems Table of Contents I. Introduction (abstract) II. Political System a. Type of Political System b. Structure of the Government c. Identify a current law/policy law d. Impact on society III. Economic System a. Type of economic system b. Identify a current economic issue c. Government role in address the issue d. Impact on society IV. Compare Contract a. Economic issue country of origin V. Conclusion Read MoreEconomic Systems Essay1117 Words à |à 5 PagesIntroduction Economic systems are organized way in which a state or nation allocates its resources and apportions goods and services in the national community. An economic system is slackly defined as countryââ¬â¢s plan for its services, goods produced, and the exact way in which its economic plan is carried out. There are three types of economic systems exist, they are command economy, market economy, and mixed economy. Command economy is also sometimes called planned economy. The expectations
Saturday, December 21, 2019
Differences Between The American And Japanese Internment...
Essay 4 Sociologically, conflict is anything that can arise from a disparity between the values of two groups. These conflicting ideals is often times what can later lead to intergroup violence, however it can also be resolved with tolerance and understanding of differences so as not to have one group inflicting harm onto another. Unfortunately, throughout history this has rarely been the case. There has been a near constant struggle throughout all of humanity between these conflicting ideals which usually end up with one group made to be an outsider. There have been different groups to fade in and out of the spotlight over time, but there has also been the marginalization of anyone who does not fit the role of a person in the mainstream accepted culture. This social construct of roles is also important to history as there have been ascribed features to people s lives based solely in biological characteristics. From Africanââ¬â¢s being made to be slaves through the middle passage, the Japanese internment camps during WWII, and women s fight for suffrage against the traditional decree of the founding fathers that only white landowning males could vote, the backlash to the subjugation of different peoples into the outskirts of society is awe inspiring. In todayââ¬â¢s modern world, this fight is undoubtedly what inspires writers to take on the ever so relevant subjects of racism, sexism, and homophobia in literature. While the issue of gender and sexual orientation inequalitiesShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words à |à 656 PagesBlack, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Michael Adas, ed., Agricultural and Pastoral Societies in Ancient and Classical History Jack Metzgar, Striking Steel: Solidarity Remembered Janis Appier, Policing Women: The Sexual Politics
Friday, December 13, 2019
Women in Nation Building Free Essays
Womenââ¬â¢s participation in nation-building is an important ingredient in achieving an equitable, peaceful and more prosperous society. Gender equity and womenââ¬â¢s inclusion play a central role both as a litmus test and as an active variable shaping a more democratic, stabilized and developed society. To enhance the results of nation-building, the study suggests that nations should place a greater emphasis on the broader concept of human security from the earliest phase of nation-building efforts. We will write a custom essay sample on Women in Nation Building or any similar topic only for you Order Now In addition, leaders should establish governance based on principles of equity and consistent rule of law, and should include women in the earliest economic reconstruction activities. Women play a special role in the overall development of the country. ââ¬Å"There is no chance for the welfare of the world unless the condition of women is improved. It is not possible for a bird to fly on only one wing. â⬠ââ¬Å"woman is the builder and moulder of a nationââ¬â¢s destiny, though delicate and soft as lily, she has a heart, stronger and bolder than that of man, she is the supreme inspiration for manââ¬â¢s onward march. Today the educated women have come out of their inferiority complex and are shouldering all kinds of responsibilities, as Managers, officers, TV and radio news reader, pilots, Ministers, Anchors, Musicians, Clerks, Stenographers, and what not? state is a ââ¬Å"union of families and villagesâ⬠. Family is the basic unit of society, which is the foundation o f state itself. Happy families create a healthy society and healthy society is a pre-requisite of strong political order in democratic societies. A woman is an architect of society. She establishes the institution of family life, builds the home, brings up the children and makes them good citizens. Her strength in totality contributes in the making of an ideal family, ideal society and an ideal state. It has become essential for women to be politically empowered to achieve socio-economic justice. It has rightly been said who holds the purse holds the nation. As the women are better half of the nation, they deserve better share in political power. The male-dominated political parties and legislatures in the country do not bear with their equal number in epresentative institutions. What we lack is ââ¬Å"political willâ⬠to understand the importance of womenââ¬â¢s role in nation building and all avenues open to them to get political power. MEN Should realize the power of women,And women should also realize their power too,what they can do for them,for their family,for their nation. They are the building blocks of nation building,In the words of Martin Luth ar KIng,â⬠A motherââ¬â¢s place is inside her home,But she should also make certain,she gets outside that home enough to help worth while crusades and actively mould the country her children will live in. She therefore holds a key position and her role in shaping the fate of the nation must be recognized and respected. This we see that a woman occupies a vital position in family,society and it is time we recognised and respected her ability. They should not search for the role models but try themselves to be role models in politics. It would be of no use giving equal share in parental property unless the social set-up is changed. That can be changed only by sincere implementation of laws made for women. A woman is shakti, the natural energy. The most ancient scriptures say that without the female power, it is not possible for humankind to survive. The female power has been the force behind all the great leaders of the world. Therefore, they must be politically empowered. The writing is on the wall ââ¬â the hand that rocks the cradle is the hand that rules the world. OUR WOMEN have a great part to play in the progress of our country, as the mental and physical contact of women with life is much more lasting and comprehensive than that of men. For nothing was it said, ââ¬Å"The hand that rocks the cradle rules the worldâ⬠. In the apron string of women is hidden the revolutionary energy, which can establish paradise on this earth. Woman is the magnificent creation of god, a multi faceted personality with the power of benevolence, adjustability, integrity and tolerance. She is companion of man, gifted with equal mental faculty, a protector and provider, the embodiment of love and affection. The role given to women in a society is a measuring rod and true index of its civilisation and cultural attainment. How to cite Women in Nation Building, Papers
Thursday, December 5, 2019
Dealing In Bread Confectionary Products â⬠Myassignmenthelp.Com
Question: Discuss About The Dealing In Bread Confectionary Products? Answer: Introduction The report is based on a family owned bakery. This report explain the roles and responsibilities of a baker and the processes that are absolutely necessary for the bakery and what outcomes are necessary from these processes in order to achieve the objective of the bakery. Currently, B bakerys objective is to provide products at competitive prices. It also includes a seven-step process for the objective of IT investment. This report also includes a complete description of three accounting softwares i.e. MYOB, Recson and QuickBooks and a comparison is also made between two accounting softwares i.e. MYOB essentials and recson one to identify which software is more suitable for the business (AICPA, 2017). Responsibilities of a Baker A baker is an individual who produces and sells the baked products such as cakes, pastries, biscuits, cookies, bread, Brownies etc. The main activity of the baker is to produce baked goods and sell them to customers. All the other activities are secondary which are done to complete the main activity. The bakery will perform the following activities: it will produce goods as per the orders given by the customers, checking the ingredients used in the production, applying icings or other toppings using spatulas or brushes, setting the temperature of oven and setting the equipments used in the process of production, giving attention to the colour of the baked products, placing dough in pans or moulds, properly measuring the ingredients used in a particular product and labelling the products as per the measured ingredients (Chakrabarti-Bell, et al., 2017). One more duty of a baker includes giving timely orders to the supplier. The baker purchases the ingredients used in the baked products from the suppliers. So in order to complete the order given by the customers it is necessary that the baker will have the raw material which is possible only if the baker has made a pre-estimation of the quantity and has given the order to supplier timely. The baker is responsible to ensure the cleanliness and hygiene and maintaining the freshness of the food items sold by the bakery. The business activities can also vary from the type of bakers. There are mainly two types of bakers i.e. retail bakers and commercial bakers. Retail bakers are engaged in small businesses. They prepare goods that people eat in the shop and they prepare the baked products only as per the order given to them by the customers. These orders are smile in quantity. The retail bakers are also responsible for the hiring, training and development of their staff. With the responsibility of hiring and maintaining the employees, the duty of handling the employees grievances will also become a part of bakers responsibilities (Christina, S., et al., 2017). On the other side, commercial bakers are employed in the process of manufacturing. They use heavy equipments and ovens for production because commercial bakers will have to do mass production. They produce goods on the basis of daily instructions given to them and will innovate new recipes. The baker is also required to search for the new recipes in order to make bakerys product innovative. The baker needs to focus on time management and planning because a baker will get orders on daily basis ((Hawkins, et al., 2016). So they have to manage the time for production, packing and delivery. There are a lot of responsibilities for a bakery and each and every responsibility is important equally. We cannot be irresponsible in a single process otherwise that single mistake will affect the whole process. All the responsibilities of the bakery like purchasing, production, labelling and packaging are inter-related to each other. Delay in one duty will delay the whole process. How bakery is looking from outside is also the duty of the bakery manager because the first thing that customers see is the outer appearance of the bakery so it is also as important as the food provided inside the bakery (Kim and Gray, 2017). So the bakery manager is also responsible to make the bakery attractive from outside. Developing business requirements Indispensable processes The bakery business indispensable processes include six process i.e. bakery business plan, finance, quality control, machinery, production and market opportunities. Bakery business plan: This process is the most important and the first step for setting up a bakery. Firstly you need to setup an objective, according to which the bakery runs. Bakery plan includes the estimation of the finance required for the setup and for further processing, how many machines are required, estimation of the workforce needed. It also includes the quality which the bakery is going to maintain in the future, the process of production, selecting the suppliers from whom the raw material will be purchased. It also includes understanding about the process of obtaining the license required to open a bakery business. Bakery Business Finance: While starting a bakery business, the first process is to arrange the finance needed. For this, the owner needs to arrange fixed and working capital. Fixed capital is used for purchasing machinery and setting up the unit. The second is working capital which is used for all the short-term expenses and payments of the bakery. Bakery Business Quality Control: The second indispensable process is providing superior quality. In case of food items, quality is the only thing which matters to the customers. Customers choose the bakery as per the taste of the products. Bakery Business Machinery: At the time of choosing the machinery, two ways are available one is semi-automatic setup and another is fully-automatic. The machines required to run a bakery includes sugar grinding machine, sealing machine, biscuit-wafer machine, planetary mixer machine, a working table with aluminium top etc. Bakery business production process: Another indispensable process includes production process (Loughran, and McDonald, 2016). If we thought about production, the first thing we need is raw material. Raw material is the first stage for the process of production. Bakery is all ab out production. A bakery is not selling the readymade products. Bakery business is all about production. The major raw materials that a bakery needs include eggs, wheat flour, sugar and ghee. These are the products which we need in high quantity and the products which we need in small quantity includes assorted fruits milk powder, yeast, salt, , baking powder, , vanilla, butter, cream, caramel colour etc. In case of small bakery unit, you can purchase the raw material from the whole seller but in case of medium sized unit, it is better to purchase the raw material directly from the manufacturer. Bakery Business Market Opportunity: The business is initiated with an objective of profit. Today there is a lot of competition in the bakery business because of many people engaging in the same business. Thus, the first task is to analyse the opportunities in the market as per your businesss strengths and weaknesses and to analyse the prices at which the competitors are selling their product s (Majlesi and Ekstrm, 2016). The first trick to attract consumers during the stat-up is providing innovative products by properly analysing the tastes and preferences of consumers. Output required from these processes The output required from bakery business plan is the exact estimation of the finance, machinery, workforce and raw material because all other processes depends upon this process so it needs so much of focus so that exact estimation can be calculated. The second process is bakery business finance. So the output required in this process is arranging the finance as calculated in the planning process and borrowing this finance at minimum rate of interest so that it will be easier for the bakery to return it easily in the future (Massaro, et al., 2016). Next process is bakery business quality control so the quality will be up to the mark only then the bakery can survive in the competitive market. The output required from bakery business machinery is using the latest technology in the production and updating the technology from time so that the orders of customers can be completed on time. Another one is bakery business production. The major output related to production is producing the go ods at minimum cost so that the bakery can earn a good profit on particular product and to minimizing the cost; the bakery is required to purchase the raw material at a reasonable price. The last process is bakery business market opportunity. The output that is required from this process for the purpose of achieving the objective of the bakery is proper analysis and understanding of the opportunities that are existing in the market. If these outputs are given by these processes then only the bakery is going to achieve its objectives (Morren, et al., 2017). Determining system requirements You might need to be the bookkeeper or do bookkeeping for start-ups with limited manpower and financial resources. Its advisable to make use of bookkeeping software in order to record transactions. You can grasp cash flow in real- time basis through accounting. You should be familiar of the various accounting software that you can choose to use in your business to make bookkeeping effective and efficient. Because of the tough competition, todays organization is making more investment on the accounting software and IT (Myob, 2017). The investment in the IT and software will result in the growth of business, improvement in the competitiveness, and will helps in strengthening the bakery business. The most efficient way to achieve the maximum return from the investment in IT and software is to integrate the technology with the objective of the bakery. The two issues related to the IT investment objectives are performance and implementation. The return on investment of the software is zer o in case of unsuccessful implementation. So the bakery business needs to focus on the implementation of the software that the software is implemented as per the objectives. The second issue is related with performance (Nilova, et al., 2017). After implementation of the software, the business is required to review the performance frequently to analyze whether the software is performing in integration with the objective of the organization. In order to make investment in IT, the first thing is to identify the problem for which the investment in the IT software is taking place. Before investing in IT software, the company needs to check whether the software will contribute to the growth of the business, whether it will minimize the cost, is the software is having the capacity to remove the manual process so that the cost to employees for the business can be reduced, is the software is helpful in building teamwork, decision-making etc (Novas, et al., 2017). There is a seven step process which is used to analyse the suitability of IT investment as per the objectives of the business. The first step is determining the aspects of the business that leads to the need for IT investment. The second step is whether the IT investment helps in appraising the systems of the organization. It means that the updated software is removing the obsolete systems with upgraded softwares. The third step involves estimating the cost required for the IT investment. It includes the cost of acquiring the software, cost of implementation, administration cost, configuration cost and if the implementation results in a failure then the loss done to the business (PC, 2017). The fourth step includes assessing the potential risk. When we are implementing any software, the risk of its failure is always there till its successful implementation. So the organization is required to assess the risk associated with the IT implementation. The fifth step includes the pre-planne d measures that can be taken if the risk occurs to tackle with the loss done by the risk. The sixth step is related to the implementation of the software. It is the most crucial step of the whole process. After this step, it is analysed that whether the IT investment objective is achieved. The last step includes calculating the return on investment by identifying the difference between the desired results and actual results. If there is no difference between the desired and actual result then the objective behind the IT investment is achieved and if there is a difference between actual and desired then such IT investment is not suitable for the organization (Ratinger, et al., 2016). Software Selection Accounting Software are helpful for a business in many ways like it automatically calculates journal entries for the Balance Sheet and Profit and Loss Statement, easily transfer the data, Bookkeeping software has embedded useful tools and functionalities to analyze your business financial analysis and also give suggestions for the improvement in the financial performance of the business (Saraf, 2017). The three accounting softwares for the bakery business includes MYOB, Reckon and Quick books. Before selecting any software, the two major factors that needs to be considered are cost and time. It should be analysed that whether the software is less expensive and less time consuming. Reckon provides cloud based accounting softwares. Reckon provides various software products according to the shape and size of the business. Mind your own business (MYOB) is a Multinational Corporation that provides tax, accounting and other services to the small and big businesses. MYOB provides accounting software systems to help the business in managing the accounts and bookkeeping needs. The best online accounting software for small businesses is QuickBooks. QuickBooks software is having three versions of it and all of them are providing thirty days trial (Biafore, 2016). Enterprise resource planning (ERP) ia an integrated software which is used to manage production, marketing, planning, management and controlling. These are the core activities of a bakery business. In case of bakery business, the output of one activity is the input of another. So in this way all the activities are dependent on each other. For example, labelling is not possible without production and packaging is not possible without labelling. The bakery business needs an integrated approach (Serenko and Bontis, 2017). So in this way, high ERP is suitable for bakery business. Vendor Selection Basically there are three major types of accounting software such as Database accounting software, Installed accounting software and Cloud accounting software. Database accounting software is used by large business. It is suitable for businesses having a large database to install. So, data is more secured in this type of accounting software. To install and get this type of software operating in your company, one needs to hire systems engineer and systems consultant. Big companies and Banks are the main targets of this software. This software is very much costly and time-consuming. It also involves higher cost for maintenance. Installed Accounting Software is suitable for areas where internet connectivity is limited. So, this software is used in the form of CDs or DVDs which can be installed in the desktop. But this software is only used in rural areas. Now-a-days, the most commonly used software is cloud accounting software. This is the latest software. The main target of this accoun ting software is small and medium sized companies. With the help of this software, the data can be available online so it can be accessed from anywhere at anytime and one of the biggest advantage of this software is that it is less expensive. Now we are comparing the softwares as discussed above. The two accounting softwares that are being compared includes MYOB essentials and Reckon one. On the basis of online, both the accounting softwares are completely online. On the basis of unlimited quotes and invoices, MYOB essential have this and reckon one add purchase and sales approval for medium level subscription. Next basis of comparison is Inventory, third party products available in both the accounting softwares. Another level is multiple currencies. This level is not available in both the currencies. Then on the basis of purchase orders, MYOB essentials has this and it is available in reckon one with invoicing module (Curtis, 2015). In case of payroll, in both the cases it is avail able with unlimited employees. Job tracking is not available in MYOB essentials but it is available with project module in reckon one. Budgeting is not available in MYOB essentials but it is available in reckon one with one subscription. There is unlimited user access in both the accounting softwares. MYOB essentials are providing the 30 days trial but reckon one is not giving this facility. The session security and audit trails are available in reckon one but is not available in MYOB essentials. The add-ons and integration is limited in both the accounting softwares. MYON essential is more expensive then reckon one. In case of MYOB essential, unit cost is stored with 4 decimal places but on the other hand, it is stored with 2 decimal places in reckon one (Turner and Weickgenannt, 2016). In MYOB essential, GST is calculated by using the 1/11th rule based on total invoice amount but it is calculated on the basis of 1/11th of the line total in case of reckon one. MYOB essential allows editing of the GST amount on purchase invoices in order to match it with the amount in the provided document but reckon one strictly accepts 10% as the GST amount. Levels MYOB essentials Reckon One Unit cost stored with 4 decimal places 2 decimal places 30-days trial Available Not available Payroll Available with unlimited employees Available with unlimited employees Completely online Yes Yes Add-ons and Integration Limited Limited GST Calculation !/11th of total invoice amount 1/11th of line total GST Editing Allows editing up to provided documents amount Allows only 10% as the GST amount Session security and traits Not available Available Expensive More expensive Less expensive Unlimited quotes and invoices Yes Add purchase sales approval for medium level subscription Purchasing orders Yes Available with invoicing module Job tracking No Available with projects module Budgeting No Available with core subscription Time consuming Yes No Recurrent invoicing Not available Available with invoice module Useful for Only large businesses Can be useful for small and medium sized businesses. As per the comparison made above, reckon is the most suitable vendor for the bakery. Comparisons are made between MYOB essentials and reckon one. Reckon one is less expensive and less time consuming than MYOB (Yigitbasioglu, 2016). The major advantage of Reckon is that this accounting software is flexible and it has the ability to customise the functionality by subscribing and unsubscribing to various modules on a monthly basis. Some softwares are suitable for small business, some for medium and few softwares are suitable for large business but reckon accounting software is suitable for all the types of businesses whether the business is small or medium or large. Reckon software is having the ability to handle all types of accounting records. B bakerys main thought behind finding out the most suitable accounting software is that the bakery failed to produce goods at competitive prices. Reckon provides full visibility throughout our business, minimise waste and boost profits. Reckon h elps in better reporting and analysis and provide modernised inventory management, quality control and helps in controlling the costs. So this bakery wants an accounting software that calculates the cost of production and the margin of profit on each product because the firm can price its goods only as per the cost of production. If the bakery wants to sell goods at competitive prices then it should be required to produce goods at lower cost. At this point of time, the B bakery is looking for accounting software that is less expensive and more effective. The bakery needs accounting software that boosts the productivity and saves the cost. So, reckon is the best suitable accounting software as per the nature of B bakery. Conclusion The main purpose behind this report is to suggest one best accounting software as per the nature of B bakery. This report critically analysed the roles and responsibilities of the baker. This report described the six major processes of the bakery business such as bakery plan, bakery finance, bakery quality control, bakery production, bakery machinery, bakery market opportunities. Then what types of outputs are expected from these processes is explained. The report also explained the three accounting softwares i.e. MYOB essentials, QuickBooks online and reckon one which are the crucial part of the report. Then a comparison is made between MYOB essentials and Reckon one to find out which accounting software works best for the B bakery. So at last after comparing both the accounting softwares at a variety of levels, it is concluded that reckon software is the best suitable software for B bakery. References AICPA (2017) Codification of Statements on Standards for Accounting and Review Services: Numbers 1 23. USA: John Wiley Sons. Biafore, B. (2016) QuickBooks 2016: The Missing Manual. USA: O'Reilly. Chakrabarti-Bell, S., Patel, M.J., Ng, J. and Hawkins, W.E. 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