Elision in Italian - Italian Elision

Elision in Italian - Italian Elision In Italian phonetics, elision is the oversight of an unaccented last vowel before a word starting with a vowel or the (since the letter â€Å"h† is quiet). Typically, in communicated in Italian, numerous elisions occur unknowingly, however just a segment of them are acknowledged structures in composed Italian where they are set apart with a punctuation. A marvel like elision is called vocalic apocopation. It contrasts from elision, however, since a punctuation is rarely utilized. The Spoken Elision and the Written Elision In principle, elisions are conceivable at whatever point two vowels are contiguous toward the start or end of abutting words-particularly when those vowels are the equivalent. Practically speaking however, elisions have gotten less incessant in contemporary Italian, which is amusing since the alleged d eufonica has gotten progressively normal. Certain elisions appear to be programmed, similar to how â€Å"lamico - (male) friend† and â€Å"lamica - (female) friend† sound obviously superior to â€Å"lo amico† and â€Å"la amica.† However, others may seem unnecessary, as â€Å"una thought  » unidea.† What's more, certain joined elisions bring about unbalanced spellings with a bigger number of punctuations than would normally be appropriate, as â€Å"dunaltra casa - of another home.† Here are the essential words that can be omitted in Italian: Lo, la (as articles or pronouns), una and mixes, questo, questa, quello, quella Lalbero - TreeL’uomo - ManLho vista - I saw her/itUnantica by means of - an old streetNient’altro - Nothing elseNessunaltra-Nothing elseQuestorso - This bearQuestalunna - This understudy The relational word â€Å"di† and other syntactic morphemes finishing off with - I, similar to the pronouns mi, ti, si, vi Dandare - About goingDItalia - Of ItalyDell’altro - OtherD’accordo - Of understanding (e.g Sono d’accordo - I agree)D’oro - Of goldMha parlato - He conversed with meMascolti? - Are you tuning in to me?Talzi voila? - Did you rise early?Savvià ² - He proceededSudirono - (They) were heardVilludono - They are misdirecting you The relational word da is typically not omitted, with the exception of in a couple of fixed expressions Daltronde - MoreoverD’altra parte - Somewhere elseDora in poi - From now on For ci and gli (and furthermore as an article), there must be coherence with the typical spelling of the sounds: ci, ce, cia, cio, ciu; gli, glie, glia, glio, gliu. In other words, ci is omitted before e-or I-, while gli omits just before another I-. In like manner cindicã ² la strada - he/she indicated us the roadCà ¨ - there isc’era(no) - there was/there areCeravamo - There wasglItaliani - ItaliansGlimpedironoT’acchiappo - I get you A few special cases are: ci andã ² - he/she went thereci obbligarono - they constrained usgli alberi - treesgli ultimi - the last The molecule (particella) : se nandã ² - he/she left. Numerous different words, for example, santo, Santa Clause, senza, bello, bella, buono, buona, grande: SantAngelo - Saint AngelSantAnna - Saint AnnaSenzaltro - Certainly, definitelyBellaffare - Good businessBellamica - Good friendBuon’anima - Good soulGranduomo - Great man Others: Mezz’ora - Half hourA quattr’occhi - Face to faceArdo d’amore - I’m igniting with adoration for you

Infection control and prevention Essay Example | Topics and Well Written Essays - 2500 words

Disease control and avoidance - Essay Example Inclusion of focal venous catheters (CVCs) has gotten typical in the peri-usable and escalated care setting. Throughout the years, they have assumed a solid job in understanding consideration for haemodynamic the board, patent intravenous access in patients experiencing ceaseless sicknesses and organization of parenteral sustenance and other chemotherapeutic operators. The three locales that are used for focal venous catheter addition are inner jugular, subclavian and femoral. Albeit, similar to some other clinical mediation, these catheters have their a lot of difficulties, it is the danger of disease, which has the most genuine clinical and financial repercussions for the patient, doctor and social insurance office with high bleakness and mortality.One review discovered that focal lines are related with over 40% of circulation system contaminations in England. In this manner, it is basic that exacting disease control measures are upheld during the consideration of CVCs. Danger of d isease in peri-usable setting would rely on whether the CVC is kept in situ for quite a while or it is expelled post medical procedure. Something else, rest of the conversation about CRBSI is pertinent to ICU just as peri-usable setting. Definition and determination of CRBSI Catheter related circulatory system contamination (CRBSI) is a sort of medical clinic procured disease which is clinically characterized as fungemia or bacteremia in a patient with CVC in situ, as appeared by positive blood culture from a fringe vein, alongside clinical indications of contamination, however no other obvious hotspot for positive blood culture. ... , or, blood test from a fringe vein and test drawn from the catheter center (IDSA 2012)) Risk of CRBSI in perioperative and ICU setting Many variables have been examined for the job that they are probably going to play in the improvement of these contaminations. The components which have been most ordinarily investigated for their job in causation of CRBSI are: Selection of the kind of catheter: single lumen catheters have a lower occurrence of CRBSI than numerous lumen, antimicrobial impregnated catheters favored in focuses with high paces of CRBSI or delayed prerequisite of CVC (reference no.23), job of incidentally embedded focal catheters (PICCs) the site of CVC inclusion: Subclavian generally liked, femoral least favored hand cleanliness: method ought to be precisely followed aseptic insurances and skin readiness followed during addition: utilization of gloves and boundary precautionary measures, skin arrangement with chlorhexidine in alcoholic arrangement nature and material of the dressing applied over the addition site anti-infection balm fundamental anti-infection prophylaxis antimicrobial flush and lock arrangements anticoagulant flush substitution of CVCs Replacement of IV organization sets treatment of the CVC port by nursing and other social insurance staff USG direction at the hour of inclusion Various examinations and clinical preliminaries bolster or repudiate these variables. Additionally, there are proof put together practices and intercessions based with respect to these related factors and got from the current information about disease control, which, when tenaciously followed in ICUs and other human services settings, have exhibited an abatement in the pace of improvement of CRBSI (National Institute for Clinical Excellence 2003, Healthcare Infection Control Practices Advisory Committee 2011). Pathogenesis of Catheter

Giving Online Presentations

Giving Online PresentationsIn the current world of online business, having a good presentation is essential to keep potential customers coming back for more. The internet has truly become a leading search engine for all things related to the consumer's daily needs. This has made people look to the internet to find exactly what they are looking for, and a lot of time is spent browsing websites looking for some great content.It is only natural that once a consumer looks at the internet that they would want to see the internet. That is why you need to make sure that you are giving your audience a good presentation before they leave your website. In order to keep them interested in reading further, you have to convince them that what you are presenting will help them.The first step you need to take when creating an online presentation is to ensure that you have taken the time to get everything ready. You need to ensure that all the elements needed for your presentation are in place, and if there is any information you need to hide from your audience, then you need to remove it. You can then spend some time finding ways to draw their attention back to the content of your website.The second step you need to take is to make sure that your video looks professional. Unless you are using audio-visual equipment that is very expensive, you will want to create your presentation with PowerPoint. If you are unsure about how to get started with PowerPoint, there are many tutorials available that can help you create a very professional presentation.When you create a presentation, you should always look to have your words flow naturally, without being too dry or too excited. What you should be trying to do is give your audience a clear idea of what your website is about without giving away anything about it. As the name implies, make sure your presentation is informative, not embarrassing.A great online presentation should be focused on the content on your website. This way, you r audience knows what they are getting when they visit your website. Remember that you will be giving a presentation to your audience, so make sure you take advantage of that fact and present it in a way that will best communicate with your audience.A lot of time goes into creating an online presentation, so make sure you give it your best shot. It is important that you use every tool available to you in order to present your ideas. The best way to present ideas is to create a guide that will help you walk through each step of the process.With the number of people who are turning to the internet for all their information needs, it is important that you give them a great online presentation. Whether you are providing information to them on your website or giving them a PDF download, a quality presentation is something that will stand out. You never know who will come back for more, so make sure you do everything in your power to ensure that your presentation is perfect.

Relationship between Assets and Liabilities on Balance Sheet - Free Essay Example

Sample details Pages: 20 Words: 5929 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? Cement industry indeed a very important part of industrial sector that plays a essential role in the economic development. Though the cement industry in Pakistan observed its lows and highs in recent past it improved during the last couple of years and floated once again. A basic economic decision deal with a financial intermediary is the mixture of assets to buy and liabilities to sell, a decision that reflects a complex set of economic and institutional considerations. Don’t waste time! Our writers will create an original "Relationship between Assets and Liabilities on Balance Sheet" essay for you Create order When viewed as a decision under uncertainty, the outcomes from this decision involve interactions among the assets, among the obligations and among assets and obligations. The asset and obligation structures of cement sector of Pakistan necessarily reflect these interactions as well as many regulatory and institutional constraints unique to the cement industry. Multivariate statistical procedures such as canonical correlation analysis are being used more frequently and the methods used in thesis can be applied to other studies. The mixture of assets and liabilities chosen can be viewed as a basic portfolio theory decision. In thesis canonical correlation analysis was applied to examine the relationship between assets and liabilities made by a cross-section of 18 large cement companies of Pakistan listed in stock exchange. Canonical correlation is a multivariate statistical technique that was used to assess the nature and strength of relationship between assets and liabilities. The correlation between each set of assets and each set of liabilities indicates the relationship between assets and liabilities but all of these correlations assess the same hypothesis that assets influence liabilities. The thesis focused on firms of the Pakistans cement industry and the purposes of the thesis was to identify relationships between assets and liabilities exhibited by these corporations and to explain the nature of these relationships. The teaching of corporate finance as reflected in the major textbooks compartmentalizes the decision areas of finance and within each compartment management is assumed to attempt to maximize the firms wealth, holding the other areas of the firm constant. For example, capital budgeting decisions are made given a cost of capital or required rate of return (a capital project is evaluated independent of how it is financed), or the capital structure is chosen given the character of the firms assets. Cash, receivables, and inventory balances t end to be optimized independently. There is a tradeoff between the rigor afforded by global models of the firm (such as the CAPM) versus the realism afforded by the various approaches used in the compartmented models (e.g., cash management models, equipment replacement models, leasing, etc.). Business practice has the same dilemma; complex organizations must decompose the overall wealth maximization problem into sub problems which, when solved, allow the firm to make satisfactory decisions. Business executives may be uncomfortable with an assumption of independence between investing and financing decisions for two reasons. First, even if the decisions were independent, the decisions may occur simultaneously because of the necessity of raising the funds to invest. Second and more importantly, the assumptions necessary to obtain independence may not be obtained. Several interdependencies might be anticipated between assets and liabilities: Hedging is commonplace, where firms go wit h maturity structure of their assets and obligations (i.e., short-term assets tend to be financed with short- term obligations and long-term assets tend to be financed with long-term obligations). Some assets are used as collateral for loans. For example, accounts receivable can be used as collateral for short-term bank loans or factor loans and real estate as collateral for mortgages. Commodity-producing firms will maintain inventories which may be financed with credit from suppliers (accounts payable) while service-providing firms may have little of either inventories or accounts payable. High risk businesses may try to manage risk by using less leverage on right hand side of balance sheet (high equity) and by maintaining larger liquidity balances on the left-hand side. This process may enable management to reduce the probability of insolvency It was the objective of the thesis to determine relationships between assets and liabilities on balance sheet exhibited by a sa mple cement firms of Pakistan. Canonical correlation analysis was used to identify and study the nature of relationship between the structure of the left and right hand sides of the balance sheet. Though canonical correlation analysis is very similar to discriminant and factor analysis, it has not been widely employed in finance. The variables used in this study are, Cash, Account Receivable, Inventories, Long-term Assets, Account Payable, Short-term Debt, long-term Debt and Share Holder Equity. CHAPTER 2 LITERATURE REVIEW Stowe,John D,Watson,Collin J Robertson ,Terry D (1980) observed the relationship between assets and liabilities with the help of canonical correlation analysis. The purpose of research was to identify relations between the two sides of balance sheet (Assets and liabilities) revealed by the corporations and to explain the nature of these relationships. Data from balance sheet for a cross-section of firms was used in the study. For each firm / corporation, a general size (or percentage breakdown) balance sheet was constructed with 4 asset and 4 liability accounts. A big diversity of balance sheet structures was present between 510 firms. A number of remarkable relationships were found in the study i.e. inventories were positively correlated with accounts payable and long-term assets were correlated with long-term debt. On the other hand, stockholders equity was not highly correlated with any of the asset proportions. An independence of asset and liability composition of the firm is tilted in much modern financial theory, the independence of investing and financing decision is a prominent part of Modigliani and Millers classic capital structure research. Though the distribution of financing and investment decision is an invaluable assumption which greatly makes simpler many business financial decisions, real balance sheets of modern corporations do not exhibit independence between assets and obligations on balance sheet. The aim of the study was (1) to recognize relationships between t assets, obligations and equity on a balance sheet reveal by these firms and (2) to clarify the nature of these relationships. Independence of liability and asset composition is explicit in Modigliani and Millers capital structure proposition. In their article, they exhibited that, given a flow of risky earnings; the firms total market value and cost of capital are independent of capital structure. The education of corporate finance, as imitated in the major textbooks, compa rtmentalizes the decision spots of finance and, within each box, management is assumed to effort to maximize the firms wealth, holding the other spots of the firm stable. For example, capital budgeting decisions are made given a cost of capital or required rate of return (a capital project is evaluated independent of how it is financed), or the capital structure is chosen given the character of the firms assets. Cash, receivables, and inventory balances tend to be optimized independently. There is a tradeoff between the rigors afforded by global models of the firm (such as the CAPM) versus the realism afforded by the various approaches used in the compartmented models (e.g., cash management models, equipment replacement models, leasing, etc.). Business practice has the same dilemma; complex organizations must decompose the overall wealth maximization problem into sub problems which, when solved, allow the firm to make satisfactory decisions. Business executives may be uncomfortab le with an assumption of independence between investing and financing decisions for two reasons. First, even if the decisions were independent, the decisions may occur simultaneously because of the necessity of raising the funds to invest. Second and more importantly, the assumptions necessary to obtain independence may not be obtained. Several interdependencies might be anticipated between the assets and liabilities, those are, (1) Hedging is commonplace, where firms go with maturity structure of their assets and obligations (i.e., short term assets tend to be financed with short term obligations and long-term assets tend to be financed with long-term obligations), (2) some assets are used as collateral for loans. For example, accounts receivable can be used as collateral for short-term bank loans or factor loans and real estate as collateral for mortgages, (3) commodity-producing firms will maintain inventories which may be financed with credit from suppliers (accounts payable) while service providing firms may have little of either inventories or accounts payable and (4) high risk businesses may try to manage risk by using less leverage on right hand side of balance sheet (high equity) and by maintaining larger liquidity balances on the left hand side. This process may enable management to reduce the probability of insolvency. It was the intent of the study to determine relationship between assets and liabilities on balance sheet are exhibited by a sample of large corporations. Canonical correlation analysis was used to identify and examine the nature of relationships between the structures of the left- and right-hand sides of the balance sheet. While canonical correlation analysis is very similar to discriminate and factor analysis, it has not been widely employed in finance. There were two general conclusions of study. The first basic purpose of study was satisfied that there are basic relationships between assets and obligations on a balance sheet whi ch were identified with canonical correlation analysis. The assumptions behind much of modern financial theory allow us to separate investing and financing decisions. Relaxation of these assumptions can admit interdependencies between assets and obligations and several interdependencies were found in our empirical study. These relationships across the balance sheet include (1) hedging, (2) the use of collateral for loans, (3) inventories associated with accounts payable, and (4) manage risk with instantaneous use of inferior leverage and larger liquidity balances. The capital structure research since M and Ms original irrelevance argument has attempted to utilize the effect of the current value of interest tax shelter due to debt financing and the effect of expected bankruptcy costs on the firms optimal capital structure. The interdependencies between assets and liabilities found in this empirical study could be incorporated into models of capital structure. The second general concl usion was to recommend canonical correlation analysis of financial statement data for other research topics. Much of the published empirical research concerning financial statements is on topics with a single, well defined dependent variable; these topics would include predicting bankruptcy, bond ratings, or loan defaults and explaining market risk measures. Canonical analysis, where there is a set of dependent variables, would allow empirical analysis to proceed where no unique variable can be chosen as the dependent variable. Furthermore, variables which are linear combinations of financial statement proportions might be employed instead of the usual financial ratios.7 Canonical variate scores for a firm could be associated with its bond ratings, probability of default, or systematic risk. These topics usually have been investigated using financial ratios as predictor variables Stowe,John D Watson,Collin J(1985) did the multivariate analysis on balance sheet composition of lif e insurer. The purpose of that analysis was to study the empirical relationships between the assets and obligations structure of the life insurer. The assets and liabilities mixture that chosen by life insurer can be viewed in terms of basic portfolio theory decisions. Canonical correlation analysis was used by the researcher to study or examine the internal structure of these portfolio decisions that was made by a cross section of large life insurers. The financial intermediaries study, such as life insurers, is distinguished from that of nonfinancial businesses for several causes. First, the financial intermediaries assets consists just about entirely of financial assets as opposed to the real assets that bulk large on the balance sheets of nonfinancial businesses. As suggested by Moore B. J (1968) in his article an introduction to the theory of finance that the financial assets differ from tangible assets; the financial assets are intangible and they are held for the income they generate as opposed to the direct physical services they yield; financial assets are more liquid and finally financial assets can be more freely converted from one form to another while real assets are indurate. A second difference between intermediaries and nonfinancial businesses involves the nature of their obligations. Financial intermediaries accumulate loan able funds through issuing a variety of claims. For example, the commercial banks and life insurers claims are quite different from the obligations issued by nonfinancial corporations. A final significant difference between financial intermediaries and other businesses is that the intermediaries normally are more seriously regulated and sometimes are subject to separate taxation from other firms and individuals. Like other intermediaries life insurers have been the subjects of a range of empirical research projects. J. D (1973) Cummins in his article An econometric model of the life insurance sector of the U.S economy and J . E Pesando, in his article The interest sensitivity of the Flow of funds through life insurance companies presented an econometric analysis for the comprehensive flow of funds through the life insurance sector. J.D Stowe (1978) in his article examines the investments of individual life insurers in a cross-sectional, time-series study. The basic operational hypothesis for the study on balance sheet composition of life insurer was that a number of categories of assets on the left hand side of life insurer balance sheets had more than one pattern of correlations when they are associated with several liability and surplus classes from right hand side of balance sheet. In addition to testing this hypothesis, the natures of the relationships between assets and obligations were examined and the strength of the multivariate relationship was anticipated. The structure of life insurer assets was explained as a function of the structure of the other side of the balance sheet and of some addit ional firm specific variables. In this study it was necessary to predict several criterion variables simultaneously by means of a second set of predictor variables. Under these circumstances, no single regression equation can presented a fully adequate solution. Any linear combination of the criteria may be used as the dependent variable in a regression equation, and in general not one but a number of regression equations must be used to give an appropriate picture. The problem of finding linear combinations of the criterion variables that can be most accurately predicted from the predictor variables was solved by H. Hotelling in his article The most predictable criterion commonly known as canonical correlation analysis. G. Donald Simonson, D. J Stow, and J. Collin Watson (1983) analyzed a canonical correlation analysis between assets and liabilities structure of commercial banks in. They analyze the balance sheets of all 435 domestic U.S banks with assets in excess of $300 million at year end 1979. Data was taken from the December 31, 1979 Foreign and domestic Report of Condition files prepared on magnetic tape by the three federal bank supervisory agencies. They limited the analysis to large banks for two reasons. First, smaller banks do not have the talent or market position to aggressively practice liabilities management and therefore their balance sheets are not as likely to reflect differentiated policies relative to bearing interest rate risk. Second, the three federal agencies require only banks with assets over $300 million to report maturities of both de posits and selected loans, as well as a breakdown of loans in to those with predetermined versus floating interest rates. These large bank data permit us to construct several key balance sheet accounts on the basis of interest sensitivity. Six asset and six liability/capital categories were expressed as a proportion of total assets for each of the 435 banks in the study. The purpose of a study was to identify and describe the relationship including heading behavior of a single dependent variable as a function of a set of independent variables, canonical correlation analysis relates two sets of variables. In the present case one set of variables is the composition of the left hand side of the balance sheet and the other set is the right hand side. The variables used in this study are asset and liability/ capital categories expressed as proportion of total bank assets. These portions were used in lieu of the more usual financial ratios and no information exogenous to the bank was employed. During the past two years bankers and bank analysts have been concerned about how interest rate risk is derived from cross balance sheet relationships. The mismatching of maturities or interest sensitivities whether interest sensitive assets financed with long term liabilities or long term assets financed with interest sensitive liabilities creates interest rate risk. For example high interest rates and a downward sloping yield curve, one whose short term rates exceed long term rates for borrowers of similar creditworthiness, especially expose institutions which pursue the traditional financial intermediation formula of borrow short lend long. In commercial banking, the exposure is greatest for banks which finance fixed rate term loans and long term fixed income securities with short term funds at money market rates. Banks can defend themselves against this exposure by practicing asset/liability management; by coordinating their procurement of funds and acquisition of assets. There was early theoretical appreciation of the necessity for management of the maturities of asset and liability portfolios. In a simple three variable model D.H Pyle (1971) in his article theory of financial intermediation shows that assuming banks maximize the expected utility of terminal wealth, banks choices of assets (liability) portfolio will be conditioned upon the parameters, including matur ity, of their liability (assets) portfolios (given nonzero covariance of liability and assets yields). According to the applied asset/liability management dictum, banks with volatile short term interest sensitive source of funds should attempt to structure their asset portfolios to emphasize short term and floating rate movements and in general maturities of asset and liability portfolios should be matched. Such banks can be said to adopt defensive loan portfolios. Other banks by their nature are less dependent on short term market rate funds and are in a better position to offer fixed rate loan terms to borrowers their customers provide a relatively large core of stable savings and time deposits with average interest costs well below current market rates. As result these banks have to be free to acquire long term assets at predetermined interest rates that are they can adopt aggressive loan portfolios. HO, T.S.Y in his article (1980) The determinants of bank interest margin show ed that balance sheet hedging is a rational response to interest margin uncertainty which results from the interplay between volatile interest rates and asset and liability structural interrelationships. Their research attempts to find evidence of such asset/ liability hedging practices among U.S banks during a period of high and volatile interest rates and a downward sloping yield curve. If banks in aggregate tend to hedge interest sensitive funds with core funds, the banking industry would appear to be coping appropriately with interest rate risk. On the other hand, if there is a systematic tendency for many banks to combine fixed rate long term assets with volatile short term funds, the industry might be excessively exposed to interest rate risk. The issue of capital adequacy also concerned with the comparative maturity structure and duration of the two sides of the balance sheet. S.T. Maisel and R. Jacobson in his article Interest rate changes and commercial banks revenues an d costs they showed that over the period 1962 to 1975 for the average bank, the threat of insolvency due to the instability of economic returns stemmed primarily from the mismatch of asset and liability durations. They concluded that unheeded interest rate risk might require additional equity capital. Other sources of risk, such as default risk, would dictate a positive relationship between the amount invested in riskier loans and securities and the amount of equity capital. Research was limited because data on the market values of asset and liability items are not available. Presumably, potential changes in cross balance sheet market values are transmitted to changes in the market value of the firm. There was a considerable literature addressing asset-liability management in banks. One of the key motivators of asset-liability management worldwide was the Basel group. The Basel group Banking Supervision (2001) formulated broad supervisory standards and guidelines and recommended sta tements of best practice in banking supervision. The purpose of the committee was to encourage global convergence toward common approaches and standards. In particular, the Basel II norms (2004) were proposed as an international standard for the amount of capital that banks require setting to the side to protect against the types financial and operational risks they face. Basel II proposed setting up accurate risk and capital management necessities designed to make sure that a bank holds capital reserves suitable to the risk banks picture their self to throughout its lending and investment practice. In general, these regulations mean that the larger risk to which the bank is showing, the larger the amount of capital the bank requires to hold to defend its solvency and whole economic strength. This would ultimately help to defend the international monetary system from the kind of problems that may take place should a major bank or a sequence of banks collapse. Gardner and Mills (1 991) discussed the principles of asset-liability management as a part of banks strategic planning and as a response to the changing environment in prudential direction, e-commerce and new taxation treaties. Their text provided the foundation of subsequent discussion on asset-liability management. Haslem (1999) used canonical analysis and the interpretive structure of asset/liability management to identify and interpret the foreign and domestic balance sheet approach of large U.S. banks. Their study found that the least money-making very large banks have the biggest size of foreign loans, yet they give emphasis to domestic balance sheet (asset/liability) matching strategies. on the other hand, the most money-making very large banks have the smallest size of foreign loans, but, however, they emphasize foreign balance sheet matching strategies. Vaidyanathan (1999) discussed issues in asset-liability management and elaborates on various categories of risk that require to be manage d in the Indian context. In the past Indian banks were primarily concerned about adhering to statutory liquidity ratio norms but in the changed situation, namely moving away from administered interest rate structure to market determined rates, it became important for banks to equip themselves with some of these techniques, in order to immunize them selves against interest rate risk. Vaidyanathan argued that the problem gets accentuated in the context of change in the main liability structure of the banks, namely the maturity period for term deposits. For instance, in 1986, nearly 50% of term deposits had a maturity period of more than five years and only 20%, less than two years for all commercial banks, while in 1992, only 17% of term deposits were more than five years whereas 38% were less than two years Vaidyanath. It was found that several banks had inadequate and inefficient management systems. Also argued that Indian banks were more exposed to international markets, especially with respect to forex transactions, so that asset liability management was essential, as it would enable the bank to maintain its exposure to foreign currency fluctuations given the level of risk it can handle. It was also found that an increasing proportion of investments by banks were being recorded on a market to market basis, thus being exposed to market risks. Is was also suggested that, as bank profitability focus has increased over the years, there is an increasing possibility that the risk arising out of exposure to interest rate volatility would be built into the capital adequacy norms specified by the regulatory authorities, thus in turn requiring efficient asset-liability management practices. Vaidya and Shahi (2001) studied asset-liability management in Indian banks. They suggested in particular that interest rate risk and liquidity risk are two key inputs in business planning process of banks. Using firm-level data, an extensive accounting literature focuses on the contemporaneous correlation of stock returns and earnings. Despite the statistically reliable positive association between stock returns and earnings, Ball and Brown (1968), Beaver, Clarke, and Wright (1979), Beaver, Lambert, and Morse (1980), Easton and Harris (1991), Collins, Kothari, Shanken, and Sloan (1994), and others find that the explained fraction of stock return variation was significantly less than one (typically under 10 percent). Lev (1989) and others suggest that the relatively low explanatory power stems from earnings lack of timeliness and/or value-irrelevant noise in earnings. The idea that correlation between a cash-flow proxy and stock return may be due to any of the three components was not novel. Fama (1990), Schwert (1990), Kothari and Shanken (1992), Campbell and Ammer (1993), and others recognize that when stock returns are regressed on cash flow proxies, any of the three effects may be driving the regression coefficients. They do not, however, clearly quanti fy the relative importance of these three effects. Thus, in the end, it is still unclear why cash-flow proxies are or are not related to stock returns. The fundamental subject of working capital is to provide optimal balance between each element forming working capital. Most of the efforts of finance directors in a firm are the efforts they make to carry the balance between current assets not at optimal level and responsibilities to an optimal level Lamberson (1995). One reason for this was the decisive influence of current assets on others, another reasons was liabilities of completion of present responsibilities. The combination of the elements forming working capital are change over time. Need for working capital manipulate liquidity stage and profitability of a company. As a result, it affects investment and financing decisions, too. Amount of current assets to be calculated at a level where total cost is of a least degree means an optimal working capital level. The optimal w orking capital point is case wherein balance between risk and effectiveness is provided.. The entire current assets hold by a firm known as working capital. Net working capital is calculated when short term obligations are took out from current assets. Return of total assets of a firm as a result of an activity is closely related to level and distribution of assets of the firm and efficiency in application of these assets. In lots of firms current assets called working capital make up of a remarkable part of community assets. (Note 1) But it is clear that working capital is ignored in finance journalism compare to long term financing decision. Corporate finance studies usually concentrate on core decisions like, dividend, capital structure and capital budgeting. Though, the sum of assets group is a important part of entire asset and called working capital (inventories, quasi money and money. short term liabilities and trade receivables) is a focus matter in all main books relatin g to corporate finance where efficiency level of distribution and application of assets influence profitability and risk level of the company. The major purpose of a company is to increase the market worth. Working capital management influence profitability of the company, its risk and thus its value Smith, (1980). Further, effective management of working capital is a key component of the broad strategy aim to increase the market rate (Westhead and Howorth (2003). Since the flexibility of this group of assets is very high in terms of adapting to changing conditions and due to these uniqueness they can frequently be applied to understand the major aim of financial management through policy changes. Success of a firm mainly depends on efficient management capability of finance director to manage receivables, inventories and liabilities (Filbeck and Krueger, 2005). Firms can strengthen their funding capabilities or decrease the source cost reducing source amount they allocate to curren t assets. In finance literature there is a common opinion about the importance of working capital management. Explanations about why effective capital management is important for a company usually concentrate on the association between effectiveness in working capital management and company profitability. Effective working capital management includes controlling and planning of present assets and liabilities in such a way it avoid extreme investments in current assets and prevents from working with few currents assets insufficient to fulfill the responsibilities. In relevant studies the measure taken as an indicator of efficiency in working capital management is generally cash conversion cycle. For firm cash conversion cycle is the period during which it is transited from money to good and again to money. In the studies conducted by Shin and Soenen (1998), Deloof (2003), Raheman and Nasr (2007) and Teruel and Solano (2007) it was concluded that there is a negative relationship be tween profitability of a firm and cash conversion cycle. Thus, it is possible to increase firm profitability through more effective working capital management. It is necessary to realize that major basics of cash conversion cycle (short term account receivables, short term trade liabilities and inventories) should be managed in a way they maximize firm profitability. An efficient working capital management will increase free cash flows to the firm and growth opportunities and returns of stockholders. Working capital level of a firm indicates that it wants to take a risk. The more working capital amounts, the liquidity risk and profitability become lower. The working capital strategies of firms differ according to the segments and within each segment it varies over time Filbeck and Krueger (2005). Ganesan (2007), put forward that the firms in less competitive sectors focus on cash conversion minimizing receivables, while the firms in more competitive sectors have a relatively high er level of receivables. Lazaridis and Tryfonidis (2005) stated that small firms focus on inventory management, the firms with low profitability on credit management. Statements in literature of finance about the significance of working capital for companies are being once further emphasized in these unstable days of international economy. While firms make efforts to increase return on assets in a way they pay their due obligations as late as possible and keep the cash, decreases in activity volume decreases the cash flow, too and this case increases the liquidity risk (Hofler, 2009). All these raise the importance of working capital. In the following part our study the practice section where the association between efficiency level of companies being operated in ISE in working capital management and their gain on total asset is handled. Classical risk theory mostly focuses on the liabilities of insurance companies and therefore on the study of claims, including their frequency a nd their amount. As explained in e.g. Parker (1997), the insurance companies do not only have to deal with insurance risk but also with investment risk like liquidity risk, risk of change and most importantly the interest rate risk. The insurance risk, due to the risk insured (e.g. mortality, fire, car accidents), can be decreased as the number of policies in the portfolio increases (however, a perfect and complete pooling will never occur). The investment risk does not decrease with an increasing number of policies since the rates of return are highly correlated. Interest rates both influence the active and the passive side of the balance and become very important when the insurance policies are long-term contracts. It is therefore essential to devise asset liability models appropriate to insurance companies. In thesis, concentration was made on the mismatching of assets and liabilities, namely the times that the value of the assets becomes lower than the value of the liabilities. Focusing on ALM for banks, Janssen (1992) modeled both the assets and the liabilities by geometric Brownian motions. Study was on an extension of the Janssen model in which the asset fund A takes into account fixed-income securities and this introduces asymmetry for A and B. That is particularly useful for insurance companies whose investments are more in bonds than in shares. It was assumed that the liability course of action is defined by a geometric Brownian motion with drift, which is correlated with the asset process in a constant way. In this generalized un- segmented Janssen model, study was on the perfect matching and final matching of assets and liabilities by determining the probability of mismatching and the degree of mismatching. In case of perfect matching, the study will be on the influence of the parameters of the asset and liability processes on the probability of no perfect matching in order to obtain general implications of the model to the company asset liability management and the difference between the models seems with a Cox-Ingersoll-Ross process and an Ornstein- Uhlenbeck process. Study further focus on a multidimensional model in which it was assumed that the assets and liabilities are segmented in respectively m and n pools, for example into different investments and into different insurance contracts. First concentration was on the case that the assets contain only shares. Afterwards, distinct shares and fixed-income securities which mainly differ since shares can be modeled by a geometric Brownian motion, but the interest-rate derivatives cannot. Since these financial instruments depend on the yield curve, was assumed a stochastic interest rate process. Soocheong (Shawn) Jang (2005) used canonical correlation analysis. The study examined interdependencies in investing and financing decisions of restaurant firms. The results indicated that the similar four cross-balance sheet interdependencies exist in the restaurant industry as i dentified by previous studies for different industries and companies in various countries: (1) maturity matching structure of assets and liabilities, (2) use of long-term assets as collateral for long-term debt, (3) use of accounts payable to finance operational assets (e.g., inventories and other current assets), and (4) concurrent use of cash and stockholders equity to manage risk. Additionally, this study discovered the unique financing features of the restaurant industry: (1) restaurant firms did not relate account receivables to short-term liabilities, and (2) they financed their operational assets with stockholders equity in addition to account payable. The findings are expected to contribute to the understanding of restaurant financing behavior as related to assets structures. This study also demonstrated the usefulness of canonical correlation analysis in extracting information related to financial management strategy. CHAPTER 3 RESEARCH METHODS The chapter forms the core of the research work. This chapter provides the detail information regarding hypothesis development, empirical model, characteristic of variables, statistical test, the source of data or the data collection technique sample size,. It also highlights the tools that have used in the study. The statistical tools also mentioned to give clear idea about the data collected and its treatment. 3.1 Hypothesis Development H1: There is significant and positive relationship between Account Receivables and Account Payables H2: There is significant and positive relationship between Cash and Account Receivables. H3: There is significant and positive relationship between Inventories and Account Payables H4: There is significant and positive relationship among Long Term Assets and Long Term Liabilities H5: There is significant and positive relationship between Inventories and Current Debt 3.2 Empirical Model Consequently canonical correlation analysis was used to investigate the type of interaction between assets and liabilities on the balance sheet. The variables of the asset side are denoted Xi1,, Xi2, Xi3, and Xi4 and the variables of the equity/liability side are Yi1, Yi2, Yi3, and Yi4. The scores of an observation, i, for each canonical variate pair, as i increase from 1 to n can be expressed as: u1= a1X11 + a2X12 + a3X13 + a4X14 . . un= a1Xn1 + a2Xn2 + a3Xn3 + a4Xn4, and v1= b1Y11 + b2Y12 + b3Y13 + b4Y14 . . vn= b1Yn1 + b2Yn2 + b3Yn3 + b4Yn4 The as and bs are the canonical weights. A canonical correlation is obtained for each of the canonical variate pairs by correlating u and v across observations. The nature of the canonical variates, derived to have maximum correlations, can be examined by utilizing canonical loadings. The nature of the structure of the canonical loadings may be simplified using the canonical rotation analysis methods described by Cliff and Krus (1976) and also by Perreault and Spiro (1978). The canonical loadings for both sets of variables can be rotated simultaneously using Kaisers normalized varimax criterion (1958). The total predictable variance remains the same and the rotated canonical correlations will be allocated more evenly across the canonical variates using these methods. More importantly, the examination of the nature of the canonical variates generally will be simplified.

College Failure - Free Essay Example

Sample details Pages: 3 Words: 757 Downloads: 10 Date added: 2019/03/18 Category Analytics Essay Level High school Tags: Failure Essay Did you like this example? I was having a hard time with this subject at first. Then I watched Chelsea (my soon to be step daughter) who had recently graduated High School. Chelsea has been having a hard time adjusting to her classes. Don’t waste time! Our writers will create an original "College Failure" essay for you Create order I have been trying to figure this out, because I had planned on her helping me through college. Now, I have been the one helping her through this process. At first, I just thought it was complete laziness keeping her from realizing her potential. Then I realized that a number of different factors have been holding her back. I will attempt to identify the causes for college course failure among students. In the end, I hope the causes for this epidemic will help those who are graduating from high school. Those who are going back to school and educators in general. It is easy to put the blame on laziness. Professors and parents often believe the reason for failing grades is the lack of participation by the student. They could be right in some cases, but more often than not they are wrong. Picture this, a student comes home from school they grab something to eat and then they head to their room. Common sense will tell you that what they should do is start on their homework. The reality is that they start watching youtube or messaging their friends on facebook. I have seen this time and time again in my own house. What if the reason for this is not what it seems? In high school, I have notice vastly different teaching techniques than what I remember. No child left behind is one of those changes. I think the program started out with good intentions, but made it difficult for a student who wants to transition from high school to college. I saw the general expectations of student work in high school significantly decrease from twenty years ago. Now students just show up and they pass them along, hoping they will eventually do better later on. In my opinion, this is not good for a student who wants to go to college. The education system needs to get better at preparing graduates for an easier transition into college. They should have higher expectations of their students work. I have been in college for half of a semester now. I have seen papers that students are writing in some of my classes. Some of the papers I have peer reviewed looks barely eighth grade level. Yet. somehow they have managed to graduate from high school. This may seem harsh, but I am only reporting what Ive seen. The selection of wrong courses may also attribute to this course failure among students. Students seem to pick classes that their friends are in. They also tend to gravitate towards classes that they may deem easy. The fact is that every course in college has its own level of difficulty. I have a beginning art class that is more difficult (in my opinion) than the computer programming class that I am taking. Students do not take this into account when they are selecting classes. This results in the students hardly understanding the syllabus. When it is time to work on assignments they are completely confused and lose confidence in themselves. After this, the student just gives up and fails the course. Some people think a hefty working schedule coupled with full time course schedule may also be the cause of course failure. I will agree with this to some extent. I have a full time forty hour a week job. I need to keep this job to support my family. I also take fifteen credit hours of classes which is a full school schedule. So far, I am handing everything pretty well. I can see though, why a high school graduate may have difficulties adjusting to this type of schedule. During high school if these students had job they may have only been able to work 15 to 20 hours a week. Now that they are out of high school, they want to make more money and live on their own. This is admirable but in most cases not advisable. High school graduates have not had the years of experience juggling work, fun and a homelife to be successful in college. They would probably do better to gradually work up to a full time work schedule, as they get more comfortable with college. Another reason for course failu re among college students is distractions. It is easy to get distracted with friends or phones.

The Crime Of Child Abuse - 1184 Words

Crime. It comes in many forms, shapes and sizes; assault, battery, false imprisonment, kidnapping and homicide, just to name a few. Crime is no stranger to anyone because it isn’t prejudice. Human beings commit crimes for many different reasons; perhaps a person commits a crime such as shoplifting out of desperation, especially when medications or food is in shortage, but what are other motivations for why individuals commit crimes? Researchers have been gathering facts, for years, to determine what kinds of people commit crimes and why they do. One adult crime that is committed by both males and females is the crime of child abuse. â€Å"Child abuse† has many deviations when it comes to its definition because it can be categorized in†¦show more content†¦Males and females alike commit this crime but is it more common in one sex more than the other? Is one gender more susceptible to abuse than the other? According to the Journal of Family Violence; â€Å"Female juvenile delinquents were more frequently victim of sexual and physical abuse and had a history of neglect and maltreatment than male juvenile offenders (Thornberry et al. 2012). The article goes on to state that male juvenile offenders committed more sexual offenses and felony offenses against people. Female juvenile offenders reported higher levels of having committed misdemeanor offenses against person and violence that were not included in criminal history. A history of sexual abuse was related to sexual offending, while a history of physical abuse was related to violent offending. The â€Å"cycle of violence† theory describes how when a person is a victim of child maltreatment, then they develop a risk factor for being a perpetrator of maltreatment later in life. Many adults suffer from post-traumatic stress symptoms and disorders, which cause them to commit crimes that were, once committed against them and because of this, abuse becomes the norm for them (Bandura 1973; 1977). Findings conclude that female delinquents were more often victims of sexual and physical abuse and more often had a history of neglect and maltreatment than male juvenile offenders. So does this mean that women commit child abuse more often than men? Well, when it comes

Understanding of the Contextual Factors

Question: Discuss about the Showing an Ability to Explain major domestic and international contextual factors and how they affect business structures and strategy. Answer: Introduction: In the present business environment, businesses have to deal with several internal and external factors in order to achieve sustainable growth in the market. External factors include governmental policies, legislative regulations, market values and culture, technology advancement and industry characteristics (Marchi, Maria Micelli, 2013). On the other hand, internal factors include organizational structure, work environment and leadership that can have major impact on the decision-making strategies for fulfilling all the business objectives. In this essay, the focus would be on the effective evaluation of the business context of one of the prime Australia based organizations namely Wesfarmers. The revenue level of Wesfarmers was estimated around A$ 66 billion in the year of 2016 (wesfarmers.com.au, 2017). It highlights the fact that Wesfarmers has able to counter all the internal and external factors related challenges for creating desired impact on the revenue level. The essay woul d focus on analyzing the way Wesfarmers implement strategies for countering adverse impact of all the internal and external contextual factors. Discussion: As per the article by Corcoran et al. (2012), effective development of organizational structure is essential for performing all the responsibilities related with the business process. For that reason, Wesfarmers has focused on developing appropriate organizational structure through which all the requirements can be fulfilled at the highest order. Many studies have highlighted different types of organizational structures including functional structure, divisional structure and matrix structure from which organizations can select any one for performing all the activities in an effective manner (Casadesus?Masanell Zhu, 2013). Now, Wesfarmers have focused on utilizing matrix organizational structure, as it deals with diversified business responsibilities (Santos-Vijande, Lpez-Snchez Trespalacios, 2012). It has allowed Wesfarmers to develop different departments based on the specification of jobs so that employees do not have to face any challenges in understanding their responsibilitie s. It has also allowed Wesfarmers to formulate strong communicational network within and across departments in an effective manner (Robbins et al., 2013). As a result, it has helped Wesfarmers to confront with different risks related to internal business environment. On the other hand, Wesfarmers also have provided enough opportunities to all the employees in sharing their though and believes regarding a crucial organizational decision. Therefore, it has encouraged employees to perceive themselves as a valuable factor within the organization structure (Perkins, 2012). As a result, it has also created positive impact on the employee engagement perspective. It has been assessed that employee engagement is critical for fulfilling all the provided responsibilities in a major way. It not only allows organizations to develop strong communicational structure but also help to keep all the employees motivated towards the organizational roles and responsibilities. Wesfarmers have provided enough space for the employees to communicate with each other. Therefore, it has also helped the organization to enhance the understanding among each other (Oyedijo, 2012). As a result, it has influenced employees to remain on the right frame of mind, which will direct th e business process towards fulfilling business aims and objectives. It has been assessed that Wesfarmers is dealing in extremely competitive business environment, where it has to face several other corporate giants for achieving desired sales volume. Therefore, Wesfarmers will not have the benefits of sole trader, which would allow organization to gain major share of the market (Dursun Kilic, 2012). For that reason, Wesfarmers need to focus on assessing strengths, weakness, opportunities and threats in a comprehensive way. Thus, the nature of the business has influenced Wesfarmers to invest huge amount of marketing and promotional activities for maximizing the impact on the desired market. However, high investment always includes high risk that Wesfarmers will have to counter in order to achieve sustainable growth in the market. In addition, presence in the diverse sector has complicated the overall business procedure of Wesfarmers in a major way. Therefore, it has induced management to utilize diversified strategies at the same time for maximizing the revenue level of the organization (Chen et al., 2012). For that reason, it has induced Wesfarmers to conduct meeting on regular basis for assessing the exact impact of each strategy on the desire market. It has also focused on utilizing market research technique in order to understand the exact needs and wants of the customers. Therefore, it will allow the organization to provide products and services at the optimum level. It will reduce the amount of risk organization have to face from the external environment. As per the article by Verbeke (2013), technological changes have created major impact on the way all the activities are conducted for fulfilling organizational responsibilities. It has also allowed organizations to gain competitive advantage in the global market. Now, Wesfarmers has always tried to include all the advance technologies for covering for maximizing the utility of all the available resources. Now, in order to utilize all the advance technologies in an appropriate manner, organizations have to provide employees enough training and development opportunities so that they can handle all the resources in an effective manner (Jekimovics, Wickham Danzinger, 2013). For that reason, it will induce management of Wesfarmers to invest specific amount to avoid any internal challenges for fulfilling all the organizational responsibilities. On the other hand, effective use of training and development facilities would allow employees to work on the specialized area (Ludwig, Hellweg St ucki, 2012). Moreover, global presence of Wesfarmers induced organization to handle differences in culture, values and believes of the people who are living in different economies for maximizing the profit level. Now, proper understanding of cultural differences requires management to focus on different types of decision-making strategies for fulfilling the global market needs (Rae, Sands Gadenne, 2014). For that reason, management needs to focus on assessing different management strategies for fulfilling all the business requirements in an effective manner. Maintenance of legislative rules and regulation is essential for the organizations to conduct all the requirements of the business in an appropriate manner (Pagani, 2013). Maintenance of legal guidelines will allow organization to develop strong reputation in the market, which will eventually create positive impact on the overall business level. For that reason, management of Wesfarmers have consciously focused on maintaining all the legislative rules and regulations developed by different economies for ensuring success in the global market. For instance, Wesfarmers has focused on maintain guidelines regarding trade restriction, interest rate, inflation, tax and subsidy rate for maximizing the revenue level with the global market (Klettner, Clarke Boersma, 2014). In addition, Wesfarmers also has focused on maintain the minimum wage laws developed by different countries for keeping employees motivated towards provided roles and responsibilities. On the other hand, environment has eme rged as critical factor that induce organizations to utilize different innovative strategies in order to counter all the business related challenges in an appropriate manner (Casadesus?Masanell Zhu, 2013). For that reason, Wesfarmers has focused on performing several CSR activities like providing education to the poor children, tree plantation, waste management and minimization of natural resource consumption in order to represent it as responsible corporate citizen. Conclusion: The above discussion has highlighted the fact that organizations need evaluate both internal and external factors in an in-depth manner for developing effective counter strategies. The essay has mentioned that present competitive business environment has provided no other options but to avoid all the positive and negative factors as much as possible. Wesfarmers has tried to develop strategies in such a way so that it can minimize the adverse impact associated with the positive and negative factors. For that reason, it can be mentioned that both internal and external factors can create major impact on the decision-making process of the organization. References: Casadesus?Masanell, R., Zhu, F. (2013). Business model innovation and competitive imitation: The case of sponsor?based business models.Strategic management journal,34(4), 464-482. Chen, C. C., Shih, H. S., Shyur, H. J., Wu, K. S. (2012). A business strategy selection of green supply chain management via an analytic network process.Computers Mathematics with Applications,64(8), 2544-2557. Corcoran, T., Rhodes, J. E. J., Clarke, S., Myles, P. S., Ho, K. M. (2012). Perioperative fluid management strategies in major surgery: a stratified meta-analysis.Anesthesia Analgesia,114(3), 640-651. Dursun, E., Kilic, O. (2012). Comparative evaluation of different power management strategies of a stand-alone PV/Wind/PEMFC hybrid power system.International Journal of Electrical Power Energy Systems,34(1), 81-89. Jekimovics, L., Wickham, M., Danzinger, F. (2013). Social Networking and e-CRM:'Revolution'or'e-business as usual'?.Social Networking and e-CRM:'Revolution'or'e-business as usual'?,9(1), 153-162. Klettner, A., Clarke, T., Boersma, M. (2014). The governance of corporate sustainability: Empirical insights into the development, leadership and implementation of responsible business strategy.Journal of Business Ethics,122(1), 145-165. Ludwig, C., Hellweg, S., Stucki, S. (Eds.). (2012).Municipal solid waste management: strategies and technologies for sustainable solutions. Springer Science Business Media. Marchi, V. D., Maria, E. D., Micelli, S. (2013). Environmental strategies, upgrading and competitive advantage in global value chains.Business strategy and the environment,22(1), 62-72. Oyedijo, A. (2012). Competitive strategy orientations of small and medium business owners and their performance impacts: The case of paint manufacturing SMEs in south-western Nigeria.Journal of Asian Business Strategy,2(1), 1. Pagani, M. (2013). Digital business strategy and value creation: Framing the dynamic cycle of control points.Mis Quarterly,37(2), 617-632. Perkins, J. (2012).Insects, experts, and the insecticide crisis: the quest for new pest management strategies. Springer Science Business Media. Rae, K., Sands, J., Gadenne, D. (2014). A Balanced Scorecard Study of the Effects of Empowerment, Commitment and Human Resource Management on Environmental Performance. Robbins, S., De Cenzo, D., Coulter, M., Woods, M. (2013).Management: The essentials. Pearson Higher Education AU. Santos-Vijande, M. L., Lpez-Snchez, J. ., Trespalacios, J. A. (2012). How organizational learning affects a firm's flexibility, competitive strategy, and performance.Journal of Business Research,65(8), 1079-1089. Verbeke, A. (2013).International business strategy. Cambridge University Press. wesfarmers.com.au (2017).Wesfarmers.com.au. Retrieved 31 March 2017, from https://www.wesfarmers.com.au

Americas Capitalistic Government essays

Americas Capitalistic Government essays "We hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness That to secure these Rights, Governments are instituted among Men, deriving their just Powers from the Consent of the Governed, that whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its Foundation on such Principles, and organizing its Powers in such Form, as to them shall seem most likely to effect their Safety and Happiness." (Thomas Jefferson, Declaration of Independence) When Thomas Jefferson wrote these words, he wrote them with the intent of establishing a new government that would not give anyone favoritism over others. After 224 years, this idea is still believed in by the citizens of America, but not practiced by their government. As the years passed, the values of America have slowly altered to materialism. The people trusted our government to make the best decisions for the entire country, but some decisions seem to favor the wealthiest citizens rather than all of the citizens. Not to say that the government is completely corrupt, but their priorities seem to have a monetary value, and they must pay for it some how. As a country with a capitalist government, one that has the main focus of making profit through free markets, money has an unfortunately big influence on policies that are made by the government. According to the public, which was based on middle-class adults in the US, business editors and college students, the general consensus came out to be that they believed that "capitalism must be altered before any significant improvements in human welfare can be realized." This can be seen throughout history in the positions taken by the government about free markets, unionization, and . ...

Isoelectronic Definition - Chemistry Glossary

Isoelectronic Definition - Chemistry Glossary Isoelectronic refers to two atoms, ions or molecules that have the same electronic structure and the same number of valence electrons. The term means equal electric or equal charge. Isoelectronic chemical species typically display similar chemical properties. Atoms or ions with the same electronic configurations are said to be isoelectronic to each other or to have the same isoelectronicity. Related Terms: Isoelectronicity, Valence-Isoelectronic Isoelectronic Examples The K ion is isoelectronic with the Ca2 ion. The carbon monoxide molecule (CO) is isoelectronic to nitrogen gas (N2) and NO. CH2CO is isoelectronic to CH2NN. CH3COCH3 and CH3NNCH3 are not isoelectronic. They have the same number of electrons, but different electron structures. The amino acids cysteine, serine, tellurocysteine, and selenocysteine are isoelectronic, at least with respect to valence electrons. More Examples of Isoelectronic Ions and Elements Isoelectronic Ions/Elements Electron Configuration He, Li+ 1s2 He, Be2+ 1s2 Ne, F- 1s2 2s2 2p6 Na+, Mg2+ 1s2 2s2 2p6 K, Ca2+ [Ne]4s1 Ar, S2- 1s2 2s2 2p6 3s2 3p6 S2-, P3- 1s2 2s2 2p6 3s2 3p6 Uses of Isoelectronicity Isoelectronicity may be used to predict the properties and reactions of a species. It is used to identify hydrogen-like atoms, which have one valence electron and are thus isoelectronic to hydrogen. The concept may be applied to predict or identify unknown or rare compounds based on their electronic resemblance to known species.

Select one speaker's topic and add information from a second source Essay

Select one speaker's topic and add information from a second source (journal article, industry website, book, etc.). Discuss the topic and offer your opinion. Cite your source - Essay Example Teamwork, I believe it contributes largely towards my success in capstone course. This is because it increases competitiveness and productivity by resulting to superior work and goal (Reynolds, 1994). Teamwork further takes advantage of opportunities offered by technological advances (Hills, 2001). Working together for success improves individual commitment and motivation. To succeed and remain competitive, teams need to utilize each other fully and the available materials and equipment optimally. Education and learning, such as the capstone course adoption of teamwork as a strategy of effective learning is important (Levin, 2002). Designs for learning need to include student-centered team based studying and learning such as case based, problem based, and inquiry based and project based scenarios. Teamwork and teams assist in promoting deep learning, which occurs through interaction, dialogue, collaboration, cooperation, and problem solving. Members of a team should be flexible enough (Hills, 2001). There are several attributes for a successful teamwork. First, there is commitment to team success and shared goals for the project. Successful teams are engaged, aim to achieve results, and are motivated. Second, there is interdependence; members of team create an environment where together they contribute much more as compared to individuals (Reynolds, 1994). Positive interdependence brings out the best of each individual enabling the team to achieve even far more as expected. Individual members encourage and promote fellow members to achieve, learn, and contribute. Third, there are the interpersonal skills, which include the capability to discuss issues in open with other team members, be trustworthy, supportive, and honest, and show commitment and respect to individual member and the team at large. Forth there is open

Dimensions of Community Environmental Health Essay

Dimensions of Community Environmental Health - Essay Example Alcohol intake is a personal choice and the character exhibits the effect of this poison on his physical strength as well as his personality. Steady drinking of alcohol for a long period of time results in the dependence of the brain and also leads to withdrawal manifestation during episodes of abstinence. Alcoholism is a major health hazard and affects normal brain’s chemistry, blood flow to frontal lobes and the nerve cells. Over time, neurotransmitters such as serotonin, dopamine is depleted leading to mood problems, physical weakness, liver pathologies and increasing dependence (A.D.A.M) Smoking is another example of a voluntary source of health hazard that has an effect both on the environment and public health. The tobacco smoke contains 43 carcinogens which are known out of the thousands of chemicals present in it. Although, smokers are exposed to high incidence of lung cancer, voice changes, and other health hazards, but the people who are exposed to the smoke are also at risk. Lung cancer can also occur in non-smokers who are exposed to the tobacco smoke, and it can lead to childhood disorder such as bronchitis and heart disease (Brownson, Eriksen, Davis and Warner 163). Because of the very strong carcinogenic effects, public health measures have progressed over the years. This has resulted in workplace restrictions to smoking, bans on public smoking and even voluntary measures taken in private industries.

How to Write a Poem About Lacrosse Essay Example for Free

How to Write a Poem About Lacrosse Essay The general purpose of this speech is to demonstrate. The specific purpose is to show how to shoot a lacrosse ball, catch a lacrosse ball and cradle the lacrosse ball. I am going to show you the proper way to shoot the ball, the right way to catch the ball and the correct way cradle the ball. Everyone chill-lax, i’m going to tell you about lax. I am the best person to give this speech because I have played lacrosse almost all my life and I am very good at it. This demonstration will be useful to you because if you ever want to try lacrosse, you will know some of the basics. The first part of lacrosse I am going to tell you about is how to shoot the ball. There are three main points on how to shoot the lax ball. The first is to keep your elbows and hands out and away because you can get more power on the ball. Also it helps you aim the ball more precisely and hit the corners of the goal. Second is to take a big drop step and twist your hips is to create more power on your shoot. Lastly you need to follow through your swing. It’s just like in basketball and how you need yo follow through on your shoot or in soccer and how you need to follow through on your kick. Another part important part of lax is how to catch the ball because if you can’t catch the ball you can’t really score. The most important part of catching the ball is keeping your hands in front of your body. If you do this you can catch the ball from almost anywhere. How you actually receive the ball is another crucial technique. When the ball is going into your stick, you need to bring the stick towards you so the ball won’t pop out. If you just keep your stick out there the ball will hit your mesh and fly out of your head. The last thing I am going to tell you about is how to cradle the ball. If you cannot cradle the ball, when you are trying to move down the field, you will get the ball knocked out and taking away. A way to not let that happen is to bring your stick up strongly and bring it down strongly.

How does creatine affect your body Essay -- essays research papers

How does Creatine affect your body?   Ã‚  Ã‚  Ã‚  Ã‚  How does Creatine affect your body? Creatine affects our body in several different ways. Creatine can provide additional energy for your muscles, volumization of your muscles, buffer lactic acid build-up, and enhance protein synthesis. Creatine can also help stimulate growth in muscles and increase the user's strength, even while doing your normal workouts. Creatine can also be taken in a variety of ways.   Ã‚  Ã‚  Ã‚  Ã‚  Creatine can affect your body in a negative way when taken excessively. Normally, one should not take more than 20 grams at a time. Your liver and kidneys may become damaged from taking too much and can also cause you an upset stomach, muscle pains, diarrhea, and dehydration. However, drinking plenty of water can minimize most of those effects. Creatine has been known to provide additional energy for your muscles. Our body has a compound called ATP (adenosine tri-phosphate), which is an energy-containing compound. The ATP reaction releases energy in the body very quickly. This is a good thing, especially during an intense work out, when your body needs the most energy. Carbohydrates can give you energy, but it comes at a slower pace. When the muscles are using ATP for energy, a chemical process occurs where the ATP is broken down into two simpler chemicals, ADP (adenosine did-phosphate) and inorganic phosphate. This process of ATP turning into ADP releases the energy, which ...

The Heckscher-Ohlin Model

1. The Heckscher-Ohlin model The Heckscher-Ohlin model is a mathematical model of the international trade and its balance. It is established upon the theory of David Ricardo for the competitive advantage and it strives to predict the arrangements of the international trade and production, which are based on the capacity of a given country to trade. Its essence consist in the statement that the countries that produce, will be exporting the goods, which manufacturing use their plentful and cost-competitive factors and will import goods that use the scarce factors of the country. Here we are talking about the factors of production, which are the land, labour and capital. Their abundance or their lack defines in which products the country has a competitive advantage. Meaning that they have advantage for producing those goods, for which the necessary factors and inputs are abundant in the country, therefore it is cheaper to produce them locally and export them instead of importing them. We can give the example of country like Belgium – here the labor and the land factors are not abundant, therefore the goods that require for the production those factors will be imported, because then it will be more cost effective. And vice-versa, because in Belgium there are a lot of engineers, technicians and it is rather well technologically developed country, it will be more advantageous to export goods, which require for their production those abundant factors – for ex. computers, IT etc. 2. Criticism on the H-O model & Leontief Paradox There is much criticism upon that model; therefore I’m going to state the most important of it here: * The little predictive power of that model, which was a critic by Bernstein and Weinstein, who claimed that the H-O model and its factor endowments of each country are not a reliable forecast. * The identical production function – the H-O model postulate that the production functions are corresponding for all the countries that are involved in the international trade. But it’s an unrealistic statement, because even between the most developed countries the competition is determined from various factors like technology etc. * In the H-O model, the capital is by definition assumed as consistent, identical and transferable to any form, since the capital goods may have many forms. There is no explanation how the capital is measured. So all this leads to a controversy around the concept of homogenous capital. * The unemployment factor is excluded from the model, which makes it really unrealistic. * The assumption that all firms are identical, because all the countries have the same production function is another weak point of the model. * The H-O model was supported by politicians, because it gave them an excuse for restriction upon the immigration lows at that time. * Probably the most significant criticism is called the Leontief Paradox. Mr. Wassily Leontief conducted an econometric test in 1954 of the implication of the H-O model in the US. And he found out that nevertheless the US was a country rich on capital it still was exporting mostly goods for the production of which the labor factor was decisive or ‘labor intensive goods’. And they were importing products, produced in countries with abundant capital as well or ‘capital intensive goods’. This paradox proves that the H-O model is not taking into account all of the necessary factors in order to be more accurate and applicable to any given country. 3. Response by H-O The main response was that the model has been further developed and extended in order for it to be more realistic. Thus by taking into consideration new features, factors and variables in the international trade (like tariffs for ex.) the predictive power of the model has been increased. The three scientists that contributed the most for those ameliorations are Paul Samuelson, Ronald Jones, and Jaroslav Vanek.

LaPierre vs. Harris Strategies Showdown Essay - 1828 Words

In the tragedy of the Sandy Hook Elementary shooting, shooter Adam Lanza murdered 20 children and 6 teachers. Some people look at this event as a terrible tragedy because it struck them emotionally that 20 children had died. Others look at this event as a tragedy because it is rare, one of kind freak accident that definitely does not happen every day, or even years. According to nces.ed.gov, the chance of a random shooting to occur at any elementary school in the U.S is 1 in 88,962, and the chance of any elementary school child getting killed is roughly 1 in 23 million. This is less than the chance of hitting a jackpot for an average lottery which is at 1 in 15 million. Wayne LaPierre, who is the National Rifle Association’s vice†¦show more content†¦To maximize the effect of pathos, rather than using bad guys and criminals, LaPierre uses words like â€Å"monsters† and â€Å"predators† to provoke fear. Doing so creates a sense of urgency among his audien ce that something must be done to save these little children and that is exactly what LaPierre aimed for as he later proposes a solution for this problem. LaPierre’s choice of words such as â€Å"monsters† and â€Å"predators† definitely helps to contribute success in his use of pathos as it effectively demonstrates the danger their children faces. However, the reason why his pathos works extraordinarily well is because of the audience, who are made of NRA’s supporters and victims of the Newtown shooting. In other words, the audience basically would have agreed with LaPierre despite what he says as long it is what they want to hear which is putting down the bad guys or the â€Å"monsters† and empathizing for the children. Nonetheless, this strategy will have its flaws when where the audience is less personally involved and is able to read the transcript. In that case, people’s emotions will become harder to manipulate as LaPierre loses the a bility to put his voice in the reader’s head, and so the readers are able to form opinions with their own brains rather than LaPierre telling them what to think. In the end, pathos works wonder for LaPierre when he is able to speak directly to the audience but not so effective when it is being read from a paper.