Thursday, November 28, 2019

Foreshadowing in Romeo and Juliet free essay sample

I have nights cloak to hide me from their sight; And but thou love me, let them find me here: My life were better ended by their hate, Than death prorogued, wanting of thy love. (II. it. 75-79) William Shakespeare used foreshadowing throughout Romeo and Juliet with many of the characters to enhance the audiences interest and feeling of suspense. In acts two and three, Friar Lawrence, Juliet and Romeo all foreshadow Romeo and Juliets demise at the end of the play. Romeo meets with Friar Lawrence prior to his marriage to Juliet, and Friar Lawrence while agreeing to marry them offers these words to Romeo: These violent delights have violent ends And in their triumph die, like fire and powder, Which as they kiss consume: the sweetest honey Is loathsome in his own deliciousness And in the taste confounds the appetite: Therefore love moderately; long love doth so; Too swift arrives as tardy as too slow. We will write a custom essay sample on Foreshadowing in Romeo and Juliet or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page (II. v. 9-15) This is a wonderful example of foreshadowing their tragic ending. The audience and Romeo are looking forward to their love being united in marriage, but Shakespeare uses the Friars words to foreshadow their future, thereby elevating the suspense for the audience. Juliet in the morning after consummating their marriage, and as Romeo is leaving, looks down from her balcony and comments that he has the pale face that death brings: O God, I have an ill-divining soul! Methinks I see thee, now thou art below, As one dead in the bottom of a tomb: Either my eyesight fails, or thou lookst pale (Ill. v. 52-56) Romeo responds that she as well looks pale: And trust me, love, in my eye so do you. Dry sorrow drinks our blood. Adieu, v. 57-58) Romeo and Juliet do not know that the next time they see one another, one of them will be dead. The audience knows that a sorrowful ending awaits these star-crossed lovers, and this excellent use of foreshadowing heightens their anticipation. Romeo, after slaying Tybalt in a moment of vengeance and rage has been banished this scene foreshadows his and Juliets impending death: . But Romeo may not; he is banished: Flies may do this, but I from this must fly: They are free men, but I am banished. And sayst thou yet that exile is not death? Hadst thou no poison mixd, no sharp-ground knife, No sudden mean of death, though neer so mean, But banished to kill me? banished? O friar, the damned use that word in hell; Howlings attend it: how hast thou the heart, Being a divine, a ghostly confessor, A sin-absolver, and my friend professd, To mangle me with that word banished? (Ill. iii. 40-51) Romeo is speaking of death being preferred over banishment from Verona, and because of this never seeing Juliet again. By the end of the play, the foreshadowed poison and the knife will be the cause of Romeo and Juliets death. William Shakespeares clever use of foreshadowing throughout the play Romeo and Juliet elevated the audiences attention, and anticipation of the final outcome. Romeo and Juliet, as well as Friar Lawrence foretold of these tragic events to come. Wash they his wounds with tears: mine shall be spent, When theirs are dry, for Romeos banishment. Take up those cords: poor ropes, you are beguiled, Both you and l; for Romeo is exiled: He made you for a highway to my bed; But l, a maid, die maiden-widowed. Come, cords, come, nurse; Ill to my wedding-bed;

Sunday, November 24, 2019

School Uniform Issue essays

School Uniform Issue essays A Great First Step to Improving Our Nations Schools The rise of violence in todays schools is being considered the worst threat facing the youth of our nation by many school and health professionals (King 1). School officials search for answers to help improve the environment of their schools, only to see conditions continue to deteriorate. Officials have looked into using more security, turn the school year into an all year program, switching schools into magnet schools, implementing school uniform programs, and some schools have even went to the extreme of adding metal detectors in the main entrances of the school. In 1994 Long Beach Unified School District, in California, became the first major school district in the nation to implement a mandatory school uniform policy. According to an article by Jessica Portner, the policy required 83,000 elementary and middle school students to begin wearing a school uniform. Since then, school officials report a 76% drop in crime from the year before the implementation to the 1996-97 school year. The question is are mandatory school uniform policies the first step in improving the quality of education children in every school across the nation receive today? After viewing the positive results in Long Beach, President Clinton has since showed his approval of nation wide school uniform policies in his 1996 State of the Union Address. This has prompted school officials in larger school districts from New York to Chicago, and states ranging from Maryland, Florida, Louisiana, Georgia, and Virginia, all famous for troubled schools, to begin looking at and implementing school uniform policies. All of the above schools have shown a lower amount of violent crime and test scores have been on the rise after the implementation of the uniform policies (Caruso 84). With all the positive results shown in the troubled school districts having implemented school uniform policies...

Thursday, November 21, 2019

IFRS 3 and IAS 17 Coursework Example | Topics and Well Written Essays - 2250 words

IFRS 3 and IAS 17 - Coursework Example Major issues of the business combination are analyzed hereunder in order to determine the style, character, and extent with which those have been dealt with by IFRS3. The process of accounting and reporting of the business combination is stated with absolute clarity under IFRS 3 particularly after its revision in January 2008. IFRS 3 categorically states that only purchase method shall be applied for accounting and reporting for acquisitions. The standard has in a simple fashion established four following stages for applying the purchase method to regulate the acquisitions: This standard is not applicable to joint ventures, acquisition of asset or group of assets, and combinations of entities under common control that are not transitory, an involvement of two or more mutual entities, and formation of a reporting entity for combining entities or businesses without ownership interests. In other words, only those combinations are attracted under this standard that involves a transfer of controlling interests with the acquirer. Acquirer gets these controlling powers in the number of ways as under That is why IFRS 3 makes it compulsory to identify an acquirer. Acquirer as per IAS 27 is the one who has control over the financial and operating policies of the acquired entity, and these powers can be obtained in the following ways, among others: A revised version of IFRS 3 has eliminated whatever ambiguity was there in the original version. IFRS 3 describes the fair value of an asset or a liability as the amount that is exchangeable at arm’s length transaction between parties having complete knowledge of that asset or liability. Hence the cost of acquisition is the fair value of net assets assumed (that is the fair value of identified assets including intangible assets reduced by identified liabilities including contingent liabilities) and equity instruments issued by the acquirer in exchange of control of acquiree plus the cost directly attributable to the acquisition.  

Wednesday, November 20, 2019

Dispute Settlement DB-3 Research Paper Example | Topics and Well Written Essays - 500 words

Dispute Settlement DB-3 - Research Paper Example One of the major markets of GM is China with 2.3 million vehicles sold in 2010, a 29 percent increase from 2009. GM attributes this increase in sales to the economic stimulus incentives in place in China. According to David Chen, the Vice President for GM, China Group, the government encourages local production of vehicles in China without considering whether the manufacturer is a domestic or foreign company (China Business Review, 2011). Furthermore in 2010, the government issued a policy that it will give an incentive of $460 rebates on the purchase of fuel efficient cars. This policy serves GM well because 26 vehicles manufactured by GM in China qualify for the rebate. Another international policy in China that proves beneficial to GM is that the government allows the use of lesser grade steel (Muller, 2010). This can be translated to a lower cost in manufacturing a car for China. International policies such as the above cited have positive impacts on the sales of GM; thus, the China market is a major market for GM. Even as early as 1997, GM already foresaw that China will be a big market for them; therefore, they invested in a joint venture with the Shanghai Automotive Industry Corp. (SAIC) to establish their first technical center joint venture in China (China Business Review, 2011). Investments such as these have proven to be worthwhile for GM. GM is very optimistic with their China market and has intentions of increasing further their investment in the country because of the supportive policies of the government. In view of this, GM projects that in 15 to 20 years from now their sales could reach to a whooping 20 million cars. Another market of GM is India. Although GM entered the Indian market 16 years ago, it is now moving towards intensifying its market by focusing on dealerships and service network expansion (The Indian Express, 2012). In India, GM focuses on the small car market because of the

Sunday, November 17, 2019

Exotic animals as pets Essay Example | Topics and Well Written Essays - 1000 words

Exotic animals as pets - Essay Example Therefore, the issue needs to be demystified once and for all by understanding why the people who keep exotic animals as pets do so. I make out that this subject is fascinating and requires more research, because, there are a considerable number of people who spend their lives with long snakes, big cats, apes, non-human primates, bears, wolves, fish and other dangerous wild animals. These people keep these animals with them as companions, and mostly train them to become accustomed to staying with them. Many people may not understand this. On the other hand, there are people who are totally against the keeping of such exotic animals as pets, citing various dangers such as health concerns, cost issues, safety concerns and ethical concerns among others. They claim that exotic animals are not good pets because everything that they require is special, ranging from maintenance, diet, housing and attention. For this reason, there is a lot to learn concerning the rearing of exotic animals as pets. I have to understand the minds of those who keep exotic animals as pets and know how they manage to do it, or if they fail. I will clearly have to do a lot of research to understand the history of this problem, the history behind rearing exotic animals as pets, and the mindsets of those who rear exotic animals as pets, as well as those who are against the idea. I am researching this issue because, as a veterinary practitioner, I am likely to encounter many cases of clients bringing in exotic animals as pets to be treated and cared for. I am of the strong opinion that the issue should not be ignored, because, more and more people are embracing and keeping exotic animals as pets. People should, therefore, address the issue and know how to handle situations that may come up when rearing exotic animals as pets. The author of this book target veterinary technicians and keepers of exotic pets. The exotic animals that are most likely to be reared and

Friday, November 15, 2019

Mission, values and key objectives of Faysal Bank

Mission, values and key objectives of Faysal Bank Organization:- An organization is a person or group of people intentionally organized to accomplish a common goal or set of goals. Faysal Bank Limited:- Introduction of Faysal Bank Limited:- Faysal Bank Limited was incorporated in Pakistan on October 3, 1994, as a public limited company under the Companies Ordinance, 1984. On January 1, 2002, Al Faysal Investment Bank Limited, another group entity in Pakistan, merged into Faysal Bank Limited which resulted in a larger, stronger and much more versatile institution. Mission:- Mission or Purpose is a precise description of what an organization does. It is a definition of why the organization exists currently. Each member of an organization should be able to verbally express this mission. A mission statement focuses on the how of your business. Faysal Bank Mission:- Achieve leadership in providing financial services in chosen markets through innovation. Values:- A value is a belief, a mission, or a philosophy that is really meaningful to the company. Faysal Bank Values:- Our daily code of conduct is exemplified by eight core values: * Threshold values values at the heart of our brand. * Differentiator values values that set our brand apart. Threshold Values:- * Integrity- Our Integrity: Our Identity * Team Work- Our Team Work: Our Asset * Respect- Our Respect: Our Duty * Professionalism- Our Professionalism: Our Competence Differentiate Values:- * Passion- Our Passion: Our Worth * Responsiveness- Our Responsiveness: Our Distinguisher * Innovation- Our Innovation: Our Strength * Compassion- Our Compassion: Our Gift Objectives:- Objectives give the business a clearly defined target. An objective is something you want to achieve. Faysal Bank Objectives:- * Prime focus to earn profit by providing values to its customers. * To provide superior services to its customers. * To provide assistance in the development of the commerce and trade industry. * Focus on blending skills and experience towards creating an enabling environment. * Core focus is to inculcate a culture of collaboration intended to deliver world class customer service. * To promote and boost up business sector inside the country. * To provide the employment opportunities in the country. * To provide loan and advances to help out in self employment schemes * To earn profit for the bank itself and for its stakeholders. * To create maximum economic value for shareholders through constant relationship focuses on financial services. Stakeholders:- Stakeholders are individuals or groups who have an interest in an organizations ability to deliver intended results and maintain the viability of its products and services. In the development of a firms mission and vision is a good place to start, but first, of course, you must identify critical stakeholders, get a handle on their short- and long-term interests, calculate their potential influence on your strategy, and take into consideration how the firms strategy might affect the stakeholders (beneficially or adversely). Stakeholders can be internal as well as external Internal Stakeholders:- Internal stake holders are individual or groups inside a business or an organization. External Stakeholders:- External stake holders are individuals or groups outside the business who are interested in the decisions an organization makes. Overall stakeholders include owners or shareholders, managers, employees, customers, government, suppliers, communities and Investors. Some stakeholders may have more than one interest in a business. An employee might also be a stakeholder. Managers are employees of the business, a customer might be a member of a local community but yet they can be stakeholders. Stakeholders in a business will usually benefit from their involvement with the organization. Employees will earn money which they can spend on goods and services. Customers will consume the goods and services supplied by the business and the government will collect tax from the organization. P2:- Evaluate the extent to which an organization achieves the objectives of three stakeholders. Interest Objectives of Stake holders:- Different Stake holders have diverse objective and they have different affects on an organization or business. According to Michael Novak following are seven points that should be kept in mind according to business ethics when developing relations with stakeholders. * Customer satisfaction by providing goods and services of real value. * Reasonable return on the funds entrusted to the business by its investors. * Create new wealth * New job opportunities * Promote invention and creativity * One of the most important is to diverse public interest into different sectors of life. Following are the needs of the stakeholders that the organization caters to for their complete satisfaction. * Shareholders want regular, secure and high returns. * Managers want responsibility, high rewards and a lack of interference in their actions. * Employees want high earnings, an interesting job and secure employment. * Customers want quality products at low prices and a good service * Suppliers want secure, regular and profitable orders. * Government wants to achieve a large number of goals including growth in the economy and low inflation. * The local community wants thriving local businesses which do not cause problems. P3:- Explain the responsibilities of an organization and strategies employed to meet them. Responsible Behaviour of an Organization:- Social Responsibility:- Agency theory devised by Milton Friedman says that the social responsibility of an organization is to generate the possible profit for its shareholders with fair competition, no fraud, etc. It should be understood that the managers of a firm are no more than agents working on behalf of the owners. But at the other end, the stakeholder theory emphasizes a broader set of social responsibilities for business (Mullins, 2005). Ecological Responsibility:- Ecology and the increasing destruction of ecosystems and natural resources have a widespread concern from the public, the governments and inter-governmental agencies. Business organizations in the whole world are required to conduct an Environmental Impact Assessment (EIA) for their new operations or expansion of the existing ones. EIA is a detailed study of the likely environmental consequences of the new development, together with plans to avoid causing damage or to repair damage that cannot be avoided. The EIA takes into account whether resources used are renewable or non-renewable. Allaby elaborates that the cost of obeying regulations may inhibit innovation and apart from the economic effect, this may delay or even prevent the substitution of new products and processes for old ones. Business Ethics:- Business ethics has a broad spectrum, because any action by a firm or one of its employees can be done ethically or unethically (Mullins, 2005). Thus the behaviour of a business towards its customers, competitors, suppliers, employees, the environment, local communities and other stakeholders will certainly reflect the organizational cultures in terms of ethics adopted or neglected. Sternberg includes two tests of the decency (e.g. refraining from stealing, cheating) and distributive justice (i.e. ensuring that rewards are proportional to contributions made). Therefore, an organization is said to be ethical if it satisfies three tests of: * long-term wealth growth of its owners; * common decency * distributive justice If it fails in any of these three tests, the organization is deemed unethical. Management Responsibilities:- The stakeholder view suggests that management is responsible not only to the organizations owners (Shareholders), but also has responsibilities to: * Employees * Customers * Suppliers * Competitors * The Local Community * The general public (and government) Public Relations and Corporate Image:- Corporate image describes the public attitude towards a company, or the image of the company in the mind of the general public and, perhaps more specifically, in the minds of potential customers. It is possible to promote a desired corporate image through a combination of public relations, advertising and the experiences and attitudes build up by customers over the year. (For example, the favorable corporate image of Marks and Spencer grew up over many years, without the need for substantial PR or advertising.) P4:- Explain how economic systems attempt to allocate and make effective use of resources. Economic System:- Economic systems comprises of a long list, some of which are as under:- * Capitalism * Socialism * Mixed Economy Capitalism (Free Enterprise):- Capitalism is an economic system characterized by a free market in which means of production and distribution (the land, factories, technology, transport system etc) are privately owned referred to as the capitalist class. The people who sell their ability to work in return for a wage or salary are referred to as the working class. The working class is paid to produce goods and services which are then sold for a profit. The profit is gained by the capitalist class. The capitalist class lives off the profits they obtain from exploiting the working class while reinvesting some of their profits for further accumulation of wealth. Socialism:- Socialism is an economic system in which the means production and distribution of goods are owned by the community collectively usually through the government. Socialism is characterized by: * Production for use rather than profit * Equality of individual wealth * Absence of competitive economic activity * Government determination of investment, prices, and production levels Mixed Economy:- Mixed Economy is an economic system which allows the simultaneous operation of publicly and privately owned enterprises. It is an economy that reflects the elements of both capitalism and socialism. In a mixed economy, the private ownership as well as the state takes part in the means of production, distribution and other types of economic activities. Allocation of Resources in the Economic system:- In capitalism, the motive for producing goods and services is to sell them for a profit, not to satisfy peoples needs. While in socialism all rights and decision are taken under the government bodies. Everyone can get benefit from that economic system while in mixed economy both socialism and capitalism take place. P5:- Discuss the impact of Social welfare and Industrial policy. Social Welfare Policy:- Modern social welfare measures may include any of the following: the care of destitute adults; the treatment of the mentally ill; the rehabilitation of criminals; the care of destitute, neglected, and delinquent children; the care and relief of the sick or handicapped; the care and relief of needy families; and supervisory, educational, and constructive activity, especially for the young. Industrial Policy:- Government provides the financial support and capital to the private sector by direct subsidies, tax credits, or government-run developmental banks. Industrial policy emphasizes cooperation between government, banks, private enterprise, and employees to strengthen the national economy. Impact of Social Welfare Policy on Faysal bank Ltd:- As Faysal Bank is a socially responsible corporate entity so it has been a regular contributor to the society and communities it operates in. The employees of the bank established a relief fund for Internally Displaced Persons from Swat, with the bank. The bank partnered with the Institute of Business Administration (IBA) Karachi to provide Rs. 50 million over a period of 3-5 years for sponsorship of one academic chair in IBAs Executive MBA program. The bank even donated 183 computers to different educational institutions with a focus on promoting education for the underprivileged. Impact of Industrial Policy on Faysal Bank Ltd:- The main impact on FBL is if the government of Pakistan increases the interest rate so the all banks will get affected by this decision. Due to more interest profit will decrease and people will be reluctant to utilize the services and facilities provided by the bank. P6:- Evaluate the impact of macroeconomic policy and its influence. Macroeconomic Policy Measures:- Macroeconomic is one of the two most general fields of economics that literally means managing economics at large. It deals with the entire economys performance, total amount of goods and services produced, decision making, structure and etc. It can be national, regional, or global economy. It includes the study of GDP, unemployment rates, and general behavior of prices to understand how the economy works. It also develops models for analysis of national income, inflation, savings, investment, international trade and etc. Fiscal Policy:- Measures employed by governments to stabilize the economy, specifically by adjusting the levels and allocations of taxes and government expenditures. When the economy is sluggish, the government may cut taxes, leaving taxpayers with extra cash to spend and thereby increasing levels of consumption. An increase in public-works spending may likewise pump cash into the economy, having an expansionary effect. Conversely, a decrease in government spending or an increase in taxes tends to cause the economy to contract. Fiscal policy is often used in tandem with monetary policy. Until the 1930s, fiscal policy aimed at maintaining a balanced budget; since then it has been used countercyclical, as recommended by John Maynard Keynes, to offset the cycle of expansion and contraction in the economy. Fiscal policy is more effective at stimulating a flagging economy than at cooling an inflationary one, partly because spending cuts and tax increases are unpopular and partly because of the work of ec onomic stabilizers. Impact of Fiscal Policy on Faysal Bank Limited:- Due to rise in rate of taxation the selected organization has to pay extra taxes, and due to this it will cause reduction in investment because of less earnings and high taxes. The enlargement in the government expenses or payments will increase employment rate as well as the purchasing power of the people means they will spend more. This will cause rise in demand of hospital facilities and services. Monetary Policy:- Measures employed by governments to influence economic activity, specifically by manipulating the money supply and interest rates. Monetary and fiscal policy are two ways in which governments attempt to achieve or maintain high levels of employment, price stability, and economic growth. Monetary policy is directed by a nations central bank. In the U.S., monetary policy is the responsibility of the Federal Reserve System, which uses three main instruments: open-market operations, the discount rate, and reserve requirements. In the post-World War II era, economists reached a consensus that, in the long run, inflation results when the money supply grows at too rapid a rate. Impact of Monetary Policy on Faysal Bank Limited:- The supply of money will reduce, and the flow of money will be a smaller amount due to all this it will affect the business performance. Decrease in business actions will decrease buying power of people and income rate. Due to more interest profit will decrease and people will buy less services and facilities from the selected organization. M1:- Give your judgments about the organizational performance in achieving its objective and also satisfy its stakeholders. Banks Performance:- 2009 was the first year of implementation of banks five year strategy developed in 2008. The bank made considerable progress in all five pillars of strategic focus i.e. Customer Franchise, People, Risk Management, Processes and Financial Perspective. Customer Franchise:- Keeping in view the objective of being the bank of choice for customers, new initiatives were undertaken during the year. To improve customer experience, a service quality department was set up which developed a comprehensive service quality program covering customer experience measurement, process refinement and employee engagement. Islamic Banking: Barkat Islamic Banking was launched, that introduced Shariah compliant banking transactions. Alternate Delivery Channels: The Bank expanded its ATM network by adding 23 new ATMs taking the total ATM network to 116 ATMs across the nation. The bank also introduced real time Cash Deposit facility through ATMs on 13 Cash Deposit ATMs in selected cities. People:- Organizational structures across all functions were reviewed and aligned to focus on business, risks, costs and clarity of roles and responsibility keeping in view with the best practices. Similarly HR policies were reviewed and have been revised. A new performance management system was introduced. Trainings were also conducted for soft skills development of employees. Risk Management:- The Risk Management Framework was revitalized through inclusion of following functions:- * Special Asset Management Group focusing on account recovery and classified exposure management, and * Credit Administration Department engaged mainly in credit monitoring and security documentation. Processes:- The bank centralized five operational hubs into a processing centre for providing seamless services from one single location to the entire branch network. Two geographically separate centralized operation clusters have been created to behave as a backup site for each other in case of a major disaster at one location. Financial Perspective:- In line with the organizational setup, the MIS setup of the bank has also been changed from geographical to functional. During the year MIS level was graduated to the next level i.e. from business segment level to customer level. M2:- Discuss how much the organization acting responsibly under current circumstances. There are various ways and methods for an organization to consider so they can act responsible, however those various ways and methods also depend on the kind of organization you are working with. However, the organization we have selected to write upon is the banking sector. Banks are situated at at places ideal for customers and are environment friendly, as building do not pose threats to the environment. Given the nature of the bank work, which is mainly clerical or administrative, employees are not subject to occupational health hazards. However, a variety of occupational risks to health do exist in the banking sector, as in other clerical occupations. It is the important for the employees health that adequate standards of hygiene, cleanliness and comfort are maintained in the workplace. It is difficult, to single out health risks involved to the banking sector that are not common to other clerical occupations and it is even more difficult to isolate any special problems in this area for employees of multinational banks. In the majority of cases, foreign and domestic banks are moreover governed by the same legislative standards with regard to health and safety and hygiene in workplaces, which are said to be respected by foreign banks and enforced through inspection at regular intervals. In a number of countries, particularly in Europe, enterprises of a certain size are obliged by law to set up a joint committee on safety and health to monitor the application of legal provisions, point out deficiencies and make suggestions for improvements. Many of the large banks have gone far beyond the legal prescriptions in their concern for protecting their employees health. For example, in a number of cases they have organized training sessions for employees on safety and health problems, precautionary measures in the workplace, fire prevention and other security matters. Ethical codes are rooted in a wider value system, as to what is right or wrong. Companies do have ethical responsibility and are not protected by limited liability from the consequences of their actions. A companys record and the perception of its ethics affect its reputation and ensure long term success or failure. The financial community has a history of placing moral considerations above legal or opportunistic expedients. But we are often exposed to moral dangers. Bankers role is one of stewardship based on trust. They are trusted by the people who ask them to look after their money and they have a duty to lend that money responsible. Banking is about rewards reflecting real risks and ethical considerations form an important part of their risk taking activities. The welfare of borrowing customers money, in good times and bad is of major concern in any business proposition. Bank depends on people to run their business and to reflect their ethical standards. Banks have to let their people know what is expected of them. A bank responsibility extends to Government, customers, shareholders, staff and community. In the future, as the banks face increasingly complex and conflicting issues, their resolve and commitment to ethical behaviour will be tested. D1:- Justify a choice of a new mission statement salient features. Mission Statement for Faysal Bank Limited:- Focusing on the customers loyalty by providing standard financial services, through developing and delivering innovative products and services keeping in view the stakeholders profitability. Features:- * Customers loyalty * Financial Services * Innovation * Stakeholders Profitability Customer Loyalty:- Objective of the bank is to provide valuable and superior services to customers, so for this the Bank is focusing on close and long term relationship with customers. Their prime aim is to facilitate their customers with more advanced financial services, so to make them loyal. Financial Services:- Objective of the bank is to provide assistance for an individual and business, so the bank is providing mixture of financial services to an individual and businesses for the development and promotion of individuals life and commerce. Innovation:- The focus of bank is to bring more new ideas in their services to their customers. Which will increase the market share of the bank and will led the bank serve more customers. Stakeholders Profitability:- By providing valuable services and innovation it will increase the stakeholders wealth. D2:- Recommend the broad strategies to achieve stakeholders Objective successfully. Strategies:- * Focus the business on the groups core skills and process technology. * Position the group in growth markets where our core skills are applicable. Environmental Technologies Division, which combines the skills in catalysts and process technology, is well positioned to serve these emerging markets. * Differentiate their strategies by using our world class technology. We will continue to invest significantly in research and development to develop new products and manufacturing processes. Technology is the key driver for most of the businesses and because of that organizations have a strong science base with technical centers located in all our major markets. * Maintain strong relationships with major customers, suppliers, government bodies and other stakeholders by investing resources on joint projects to ensure the group is well positioned for future market development. * Continue to invest in employees to ensure they are well trained, motivated and encouraged to meet the challenges of the future. * Ensure the business is run in a sustainable way by using resources efficiently. M3 D3:- What are the response of an organization towards social industrial policy and recommended solution. Social Welfare Policy:- The impact of Social Welfare Policy on Faysal Bank is sometime positive and negative. In case of providing free education and medical treatment etc the bank has to spent money which can affect their financial position. While on other hand, by providing these facilities students get motivated. The Bank provides facility of internship to fresh students to develop their practical skills. Faysal Bank provides Gratuity Fund to their employees. The Bank provides fund to IDPs, earthquake/flood affected people, in case of natural disaster in the country. Industrial Policy:- Industries are growing in this leading age so the Faysal Bank is also one of the leading Bank in the banking sector of Pakistan. The Bank provides variety of products of standardized nature which encourages the bank position to be stable in that sector. Against other competitors in the Banking sector, the Faysal Bank has provided innovative products and services to their customers and to business. Providing loans to businesses and encouraging different businesses and providing standard services by Faysal Bank is representing that the bank has given full response towards the industrial policy. Observation and Conclusion:- I observed Faysal Bank Limited a financially sound bank. Its profits are increasing year by year. Their staff is very good and sincere with the bank. According to my research Faysal Bank is not yet facing any major problems regarding Social Welfare Policy and Industrial Policy. Faysal Bank views specialization and service excellence as the cornerstone of its strategy. The people at Bank realize that innovation, creativity, reliability, customized services and their execution are the key ingredients for their future growth. They are aware that they have stepped into 21st century and they must meet its challenges by acquiring the highest level of technology. They will thus be accelerating their technological advances to enable them to distribute their products and services through most efficient and high technology means.

Tuesday, November 12, 2019

Indian Frontier :: essays research papers

The Indian Frontier of the American West tells a story of the different Indian tribes and whites from 1846 to 1890. This period of time is very famous in American history. It produced some of the most widely heard of names in the battles between Indians and whites. These names include Chief Joseph of the Nez Perce tribe, Sitting Bull of the Oglala Sioux, Cochise, Geronimo, and Mangas Coloradas, and John Ross of the Cherokee Nation. These names are still very respected among historians and are seen throughout history books used in schools across the nation. These names were involved in many battles with whites in the middle of the nineteenth century. In this book, Robert Utley describes how many different Indian cultures survived between 1846 and 1890. Utley also spent some time in discussing how Americans felt about Indians. This book also talked about how the American government was run, and how they dealt with the different Indian cultures. This book had a couple of interesting sto ries in it also. The dozens of cultures depicted in this book really made it somewhat interesting to read.   Ã‚  Ã‚  Ã‚  Ã‚  One story that I truly liked in the book was that of Yellow Wolf. Yellow Wolf was an extremely strong and wise Cheyenne Indian. He was a man that was known for his leadership in battles with the Utes, Pawnees, Kiowas, and Comanches. Yellow Wolf also played an important role in helping William Bent, also known as â€Å"Little White Man†, as to where to set up his trading post along the river. After Bent had set up his fort, Yellow Wolf traveled there in the summer. He watched as tens of thousands of white men move in and through the Indian country. This made him worry about the future of his people, something no other Cheyenne leader would even consider for years. In discussing his fears with an army officer he talks of how his people and the buffalo are disappearing. He also says that his people will become extinct unless they change and adopt the habits of white people. Yellow Wolf lived for eighteen years amongst the white man. In his final year of his li fe, Yellow Wolf watched his worst fears come true. Through all of this, he continued to believe that the only hope his people had was if they learned from the white man. On November 29, 1864, a white man from General Stephen Watts Kearney’s army gunned down Yellow Wolf.

Sunday, November 10, 2019

Economics of Sport Essay

1. Introduction: This report will overview and discuss how stakeholders in professional sports can get as much as they want out of the sport, without too much involvement from the government. It will also cover some of the purposes of government-intervention and what they should do to keep the competitive balance intact for the leagues. There will be examples and discussions drawn from clubs and leagues in the European Soccer and also differences between how sports leagues on either sides of the Atlantic ocean works in this matter. The importance of keeping stakeholders happy is the key to on-pitch success. Stakeholders in sport are everybody involved with sport; participants (players/athletes), fans, governing bodies, financial investors and communities at large. 1.1 Background: Since the early stages of the discussion and the involvement of the economics side of the field of sports, Naele (1964) identified professional sports leagues as a different animal than any other competitive industry in the world we know today. The main focus for professional sport leagues is to provide and compromise teams to a highly competitive level where they can produce and sell sporting events to the public (Fort & Quirk, 1992). Similar individual teams make up a professional sports league, that all relies to gain the maximum of economic benefits as possible while relying on the opportunity to compete against other teams to produce their outputs; the outcome will be games for the fans to enjoy. Without an organised structure of games and tables, the competitive output would not exist for sports leagues or its fans. Naele (1964) also claims that there is one main difference between a typical competitive business industry and the sports industry. He says that a normal industry gains the most economic and capital benefits while it faces the least amount of competition as possible. Simply put, the businesses are seeking to be the only supplier to the market to become the market leader and in that way earn money. This is not a preferred position for any professional sports league or team, while they rely on other teams and leagues to produce a product of outcome to make a sustainable business out of it. 1.2 Why do clubs either focus on winning or maximising profits? Models often used to discuss how sports leagues tend to behave are primarily the trend if club owners either aims for maximise profits (El-Hodiri & Quirk, 1971) or wins (Kà ©senne, 2000). It is seen that the North American major sports leagues and the European leagues supports the assumptions that clubs uses a trade-off point of profit and wins (Atkinson, Stanley, & Tschirhart, 1988). The most optimal for leagues and clubs should be to aim towards finding a model that balances the weighted sum of profit and wins (Dietl, Grossmann, & Lang, 2011). Therefor we sometimes see teams and leagues that work after gaining profit and economic benefits for survival, and on the other side we see the teams and leagues that works towards winning as their main goal and business objective. Some owners of team are even willing to lose or invest money to build a winning team in the long run (Fort & Quirk 2005). 1.3 Where does the government fit in to the market of sports? There are two main reasons why governments intervene in sports: efficiency and equity (Andreff, 2001). Efficiency reports to the allocation of production resources. That involves sharing and allocation of who does what, how will it be done and where it will be produced. In other words, government and state supplies the right people and funding so that sport production from all levels are made as efficient as possible. Equity on the other hand are concerned how the distribution of the market will benefit and gain throughout society (McWha, Smith, & Clarke, 2000). Meaning that the government and state joins up to gain the participation and enrolment of sport from youth and grassroots levels so that as many as possible can get the chance of getting involved with sports programs. Government tends to use sports funding to gain a bigger and broader social wellbeing and strengthen national identities while gaining and providing the country with more talent and more competitive power on an i nternational scale (McWha, Smith, & Clarke, 2000). Government bodies also ensure that rules are followed and that the regulatory framework for how the organisations operate are followed correctly. 2. Key Issues The sports culture between Europe and America varies a lot. All from regulating, formatting and design and managing are way different from each side of the Atlantic. The way that the American sports leagues are formed is that they are built as independent organisations which has an entry barrier through franchise sales. This means that a new entry to the league is only possible if a current team is for sale of if the league are in a need of open up for expansion (Cain, Louis & Haddock, 2005). In Europe they use an open model, which is seen as a hierarchical structure where entry relies fully on a promotion/relegation system (Andreff, 1989). 2.1 European Football Football is by far the world’s most popular sport with over 3.5 billion fans worldwide (Dunning, 1999) The English Barclays Premier League had in the season of 2009-2010 revenues worth of  £2.1 billion, which by then was a record for the league (Conn, 2011). Now a few years later, a new broadcast deal has been signed and together with the worlds most expensive regular tickets prices, the revenues will be worth nearly  £5 million (Pantanella, 2012). With an promising and an substantial uplift of the already massive broadcast deals of the 2013/2014 season, the English Premier League will account for more then the half of the top 20 clubs with the highest revenue of Europe (Bosshardt, Bridge, Hanson, Shaffer, Stenson & Thorpe, 2013). From the roots, the clubs throughout Europe is voluntary organisations. But with the new age of media, commercialisation and globalisation; the bigger and the dominant clubs are more seen as business entities with capital, a vision of profit and the responsibility of results for the fans (Boyle & Haynes, 2004). According to the Deloitte annually edition of the Football Money League, the Spanish giant Real Madrid became the first European club team to surpass the â‚ ¬500 million (AUD 658 million) revenue threshold in one year during the season of 2011/2012. Second on that list is Barcelona FC with AUD 619 million and third is the English sided Manchester United FC on AUD 508 million (Bosshardt, Bridge, Hanson, Shaffer, Stenson & Thorpe, 2013) With this amount of money being shoved in and out of the football organisation in Europe it is hard to see why there would be a need of government intervention other than how the regulations of the sharing of the deals will be spent. The bigger, the better and the more popular the club are, the more fans they will attract and the more TV viewers they will get (Fort & Quirk, 2005). In Spain there are no regulations or laws of the distribution of the broadcast revenue at all. They are letting every club negotiate individually with the broadcasters available on the market. Since the season of the Spanish La Liga 2004/2005, there has only been one year when a team (Villareal 07/08) other then Real Madrid and Barcelona clinched the first two spots of the table (List of Champions – Sport Soccer Statistic Foundation, 2013). Thanks to this system, the league has almost lost its competitive balance for the rest of the teams of the league while the two dominant teams clinch the best com mercial-deals for the league for themselves and the spots of continental competition. The English Premier League has also been dominated by the classic â€Å"top 4† teams, Chelsea FC, Manchester United FC, Arsenal FC and Liverpool FC. Since the English Football League First Division rebranded itself to the Barclays Premier League in 1992, there has only been one season where a team outside of the former mentioned to become Champions (Blackburn Rovers 94/95), and since then there has only been Leeds United that has been able to steal a top three place in the table from the â€Å"top 4† teams (Past Winners – The Football League, 2013). The sharing of the broadcast rights revenue in England is shared in three parts: 50% are shared equally throughout all 20 clubs, 25% in facility fees and 25% depending how they end up in the league (Premier League Season Review, 2011). With this numbers in mind, the money attracted to certain clubs seen as being more economically viable than others, comes from individual contracts, endorsements and overseas business opportunities and sponsorships, not exclusive from broadcast rights. This is where the problem is. A trend of overseas rich oligopolies taking over ownerships of European clubs has formed an international debate whether the ethics and moral of the competitive balance of the sport. With almost immeasurable amounts of money, a civil person can by the majority of shares of a team and transform it to a name-reputational team with gaining high-value player transfers and offers high wages (Vrooman, 1995). The government and the state bodies around Europe have since 2009 together with UEFA agreed on putting a motion of a so-called Financial Fair Play. It was introduced due to the concern of the heavy spending of a number of professional clubs across Europe, it was hoped that the regulations would eventually lead to a more ‘level playing field’ by preventing clubs with very wealthy owners who make substantial cash gifts to their club from gaining an unfair advantage over other clubs who are run on a more sustainable business model, and in so doing encourage lower levels of spending (UEFA, 2012). 2.2 Other leagues Over the Atlantic Ocean there is a whole other perspective of sports. America has uniquely formed a fundamental culture, where schools and colleges are to be the main resource of forming the professional leagues (Bottenburg, 2010). Leagues in America have the world’s most profitable league; the National Football League (NFL) that alone draws in an annual profit of over one billion Australian dollars (Seepersaud 2010) The American Leagues are seen as the most competitive-balanced leagues in the world, with leagues as the NFL, NHL, MLB and the NBA. In America they use a variety of implements of their formatting of the leagues to make it as fair and as competitive as possible. But the how the competitive balance work in practise varies from eye to eye. As mentioned before, America uses a closed league system. Thanks to that it is possible for them to use a so called draft system, where the lowest ranking team from previous season has the opportunity to choose first in the upcoming draft of young talents from all over the world. NFL, NBA and NHL also implemented salary caps, which give the teams over the league a total amount of money to spend on wages each season so that not one single team is the only one to afford the biggest names. They also have a season concluded with a knockout play-off. This kind of formatting makes the outcome each year impossible to range. Since the commercialisation of the sports imploded America there has only been few back-to-back wins in the professional leagues. There has been some dominance by teams as the Los Angeles Lakers (NBA), New York Yankees (MLB), but other than that the outcome is considerably uncertain from year to year. Not least in the NHL and the NFL. 3. Summary Since most of the European clubs are win-maximised focused teams with the main aim to survive and stay as high up in the league system as possible, the intervention of government and state should be as low as possible. For the participants of the game they really do not need any actions to be taken from the government other than regulating the safety on the pitch with guards and police forces protecting them to unknown elements of danger. They will all get paid, and if they are good enough to seek themselves elsewhere for more lucrative deals, the already government-applied silly-season and the transfer-windows will secure them and the clubs. In America the draft system and college involvement should be enough for the government’s involvement. Since the American sports leagues are working after a cartel linked system to survive and make profits, the salary cap helps younger and inexperienced players to secure wage-deals that suits them in their careers. The fans will always be together and involved with their club unless something drastic will happen. The way that government should intervene to keep fans from all levels satisfy are to maybe try to manage and put pressure on leagues and clubs to keep their gate-tickets as fair and lucrative as possible. With the draft system and the Financial Fair Play, the fans from teams and clubs that have not gained the trophies or cups recently, will be to their advantage in a near future. This will make a higher competitive market for talents and that the spread of players will be wider overall. Community will get help of government involvement of them interact and supply state and government supported facilities by bringing either existing clubs or future franchises to their community. This is a form of politic question that involves tax-money and an overall public demand. As long as the leagues and the teams manage to keep a sustainable competitive balance and a high quality outcome, I do not see why governments should interact and interfere with how the sports leagues are managed today. The Financial Fair Play is too soon to reflect on how it will work out as an outcome for the European football, but we can already see that it has marked its point in countries as Turkey and Spain when UEFA banned Besiktas and Malaga from continental competition due to overspending of their own capacity. The government should work from the community’s perspective; keep a full-on investigation and reporting about drugs and safety of players and athletes. In short, let the leagues and sports manage themselves, because in the end it is all about keeping the most important stakeholders happy and satisfied, the fans.

Friday, November 8, 2019

Free Essays on Mau-mau

The Mau-Mau Rebellion (1952 to 1959) Mau Mau rebellion certainly reveals aspects of the history of British imperialism in Africa previously hidden from view. Some historians describe the participants in the uprising as a "gang of freedom fighters called ‘Mau Mau', who vowed to free Kenya from colonialism at any cost....To the British, the uprising was such an outrageous attack on colonialism, that it justified any response, and that response when it came, would be brutal and shocking." Kenya before the uprising, was full of Europeans living a life of idle luxury based on African land and labour. But in the post-Second World War era, resentment against colonial rule increased and one by one, African countries demanded self-rule. John Maina Kahihu from the Mau Mau's political wing said, "In 1942 we had fought for the British. But when we came home from the war they gave us nothing." The fiercest opposition to the colonial authorities came from the Kikuyu tribe who, 50 years earlier, had been evicted from their traditional areas to make way for the European farmers. By the end of the Second World War, 3,000 European settlers owned 43,000 square kilometres of the most fertile land, only 6 percent of which they cultivated. The African population of 5.25 million occupied, without ownership rights, less than 135,000 square kilometres of the poorest land. On the "native reserves" much of the land was unsuitable for agriculture. The poor peasants had been forced to abandon their traditional methods of extensive agriculture and did not have access to the new technology that would make intensive agriculture viable. The population could not feed itself and the peasants were desperate. This brought about the formation of a secret society amongst the Kikuyu, Kenya's largest tribe, one-fifth of the population. It was called the Land Freedom Army (LFA). It was forcing Kikuyu to swear an oath to take back the land the white man had stolen... Free Essays on Mau-mau Free Essays on Mau-mau The Mau-Mau Rebellion (1952 to 1959) Mau Mau rebellion certainly reveals aspects of the history of British imperialism in Africa previously hidden from view. Some historians describe the participants in the uprising as a "gang of freedom fighters called ‘Mau Mau', who vowed to free Kenya from colonialism at any cost....To the British, the uprising was such an outrageous attack on colonialism, that it justified any response, and that response when it came, would be brutal and shocking." Kenya before the uprising, was full of Europeans living a life of idle luxury based on African land and labour. But in the post-Second World War era, resentment against colonial rule increased and one by one, African countries demanded self-rule. John Maina Kahihu from the Mau Mau's political wing said, "In 1942 we had fought for the British. But when we came home from the war they gave us nothing." The fiercest opposition to the colonial authorities came from the Kikuyu tribe who, 50 years earlier, had been evicted from their traditional areas to make way for the European farmers. By the end of the Second World War, 3,000 European settlers owned 43,000 square kilometres of the most fertile land, only 6 percent of which they cultivated. The African population of 5.25 million occupied, without ownership rights, less than 135,000 square kilometres of the poorest land. On the "native reserves" much of the land was unsuitable for agriculture. The poor peasants had been forced to abandon their traditional methods of extensive agriculture and did not have access to the new technology that would make intensive agriculture viable. The population could not feed itself and the peasants were desperate. This brought about the formation of a secret society amongst the Kikuyu, Kenya's largest tribe, one-fifth of the population. It was called the Land Freedom Army (LFA). It was forcing Kikuyu to swear an oath to take back the land the white man had stolen...

Wednesday, November 6, 2019

Cohabitation in the US Essays

Cohabitation in the US Essays Cohabitation in the US Paper Cohabitation in the US Paper Essay Topic: In the Us â€Å"Cohabitation† means two people of the opposite sex living together before marriage. Today, about four million couples live together before marriage, although their future will most likely be in danger. Most couples cohabit to save money, to test run a marriage, or to stave off loneliness. The United States Bureau Census has found that cohabitors are 80 percent more likely to become divorced than those who do not live together before marriage. Of this 80 percent, 40 percent break up before marriage and 40 percent divorce within ten years. The responsibility of commitment to a partner, excluding sexual contact, may be lower of cohabitors after marriage. Forste and Tanfer in 1996 said that women cohabitors are 3.3 times more likely to have a second sex partner following marriage than non-cohabitors. According to the National Institute of Mental Health, cohabiting women have a depression rate three times higher than non-cohabiting women. These women also become more irritable, anxious, worried, and unhappy. Becoming a cohabitor is not always the safest road to take. The United States Justice Department says that women living in cohabitation are sixty-two times more likely to experience assault by a live-in boyfriend. In addition, 25 percent of single women suffer from neurotic disorders; whereas only 15 percent of married women suffer from these disorders. According to the United States Bureau Census, four out of every ten cohabiting couples have children present. Of these children, only 40 percent will see their parents marry. Children need the love and care of real parents because unstable and broken relationships may traumatize children for life. Supporters of cohabiting couples argue that living together before marriage is a test to see how compatible the couple may be. After all, most people would not buy a pair of shoes without trying them on first. Of the 50 to 80 percent of cohabiting couples in first world countries, 76 percent of them plan to marry, but a lower percentage actually does, according to Brown and Booth. Many say that a cohabiting couple would have more money because the couple and not the individual pay the payments, but according to Kerby Anderson of Probe Ministries, cohabiting couples are often more financially unstable than married couples. Whatever the reasons for cohabiting, these statistics document the dangers for anyone contemplating cohabitation. Couples who live together are more likely to divorce and not as happy as those who do not. Children will have the greatest impact on the future. Living in an environment of a cohabiting couple the child may not receive the love and care that is needed. Although it seems to be the â€Å"right† thing to do, living together before marriage is not always good for couples.

Sunday, November 3, 2019

Child device Safety Research Paper Example | Topics and Well Written Essays - 1750 words

Child device Safety - Research Paper Example To save the parents the pressure that comes with not knowing where a child is, a child-tracking device becomes one of the remedies. This project therefore sorts to provide a solution by developing software for parents to track their children with a GPS and SMS capable smart watch. The project will involve writing software for a server and a smartphone application. The software will aim at exploring the child’s day-to-day movements. When the child, for example, strays from his usual route on his way from school, the server will send requests to the smart watch through an SMS gateway, which will respond with a GPS data point. By analyzing this information, the server will use data analytic techniques to categories those data points as safe or non-safe places for children. The parent will then receive a notification from the smartphone application on the specific danger, and the exact position where the child is. With such innovation, the parent will need not worry when at work of their children where about. This project adopted GPS tracking over GSM and WiFi due to it know record on accuracy of 88% (Mun, et al 1). GPS is also known for energy efficiency in less congested places. In poor GPS signal data zones, the ephemeris downloads may prolong download time hence leading to GPS receiver systems consuming more energy (Evanczuk 1). This issue is well handled by installing GPS in areas where mobile networks provide coverage. To reduce ephemeris download time, this project explores the usefulness of SMS alerts as a way of reducing energy consumption. One challenge in creating this system will be in how to decide when to trigger a notification. We will do this by extracting semantically significant â€Å"safe regions† and â€Å"safe routes† from the tracking data and detecting when the child has strayed from these patterns. Due to the fact that coordinates will vary

Friday, November 1, 2019

Practical Lessons in Applying Accounting Standards Essay

Practical Lessons in Applying Accounting Standards - Essay Example Different genres of writing can, therefore, be used to convey messages to different types of audiences for the achievement of the author’s objectives. For instance, shopping lists are used to remind shoppers on what to buy as journals are used to deliver information to the public about particular topics. The right choice of the media is dependent on the understanding of the audience. In an attempt to develop a good understanding of rhetorical analysis, I analyzed a financial report by Bruce Pounder entitled â€Å"Practical Lessons in Applying Accounting Standards†. The case study by the accounting editor carries practical lessons that target accountants. The author got the idea of publishing the work after getting in an online discussion with colleagues about the manner in which the United States Generally Accepted Accounting Principles (GAAP) need to be applied to specific real-world situations. The publication presents the thoughts and refined discussion consensus of Pounder and his colleagues on the issue. He addresses the key questions they had discussed in their online discussion and the three main points that he thinks are core to arriving at such a conclusion. Although â€Å"Practical Lessons in Applying Accounting Standards† targets accountants who are already engaged in the accounting field, it is also helpful to those pursuing careers in accounting and business-related fields. The author discusses fundamental concepts that would prepare learners for the real world of accounting practice. In addition to providing insightful knowledge and skills that the author has in the field of accounting, he alludes to theories and researched frameworks of other equally knowledgeable accountants to provide a comprehensive look at his subject. This essay focuses on some of the rhetorical appeals and strategies that Pounder uses in his work.Â