Business Ethics Essay Example | Topics and Well Written Essays - 1750 words - 3

Business Ethics - Essay Example He further contends that those partners that have more noteworthy force, criticalness and authenticity may affect business execution. For example, PricewaterhouseCooper Company participates in policymaking process in the organization. Accordingly, on the off chance that they apply more noteworthy force and other striking nature models, they may wind up making a block to viable authoritative presentation. Be that as it may, there are the two advantages and restrictions of utilizing notability model in this commitment movement. The advantages incorporate noteworthy commitment to the idea administration and creating compelling answers for worldwide difficulties. Be that as it may, the issues may incorporate presenting difficulties and make dangers to worldwide issues. What is a potential future manager of me really doing as far as partner commitment exercises? What's my opinion of their exercises? Would i be able to perceive any connection with Power, Legitimacy and Urgency, and why the y picked this partner commitment movement? The conceivable future worker as far as commitment exercises will take part in viable dynamic procedure, educating ability system, warning board, taking part in corporate obligation announcing and partaking in other huge corporate jobs. Their exercises upgrade quality administrations in business exercises; henceforth, it is essential to direct business in understanding to the association prerequisites and rules. Drawing in partners in business exercises is imperative yet it is recommendable to arrange them as indicated by their work execution. This is on the grounds that partners vary and some have changed interests in business exercises. For example, the striking nature model is broadly utilized by numerous partners in business exercises over the globe; along these lines, utilizing a compelling partner the board technique can empower one to live up to their need and desires effectively. Consequently, there is a huge connection among force, authenticity and earnestness since this partner commitment will prompt better administration and affecting different towards accomplishing association objectives effectively. What could/should, in the event that I had the decision and dynamic force in my future managers organization, the organization be doing, which it as of now isn’t, as far as partner commitment exercises? How, utilizing Mitchell’s et al’s. (1997) â€Å"salience† (significance) properties (Power, Legitimacy and Urgency); would i be able to legitimize that as a decent action for them to do? On the off chance that I had a decision and dynamic force in my future bosses organization, the partners in the organization would pass on certain obligations, for example, bookkeeping the executives jobs, enlisting representatives and other minor organization exercises. This is on the grounds that a few partners may apply their capacity, authenticity and earnestness in a way that may present difficu lties to compelling execution; along these lines making representatives to get ineffective. Partners can influence the business result emphatically or contrarily (Crane and Matten, 2004). For example, a few partners may utilize capacity to assume responsibility for financial specialists on the off chance that the organization is secretly held as opposed to traded on an open market. By utilizing Mitchell’s remarkable quality model traits, I can excuse great exercises for partners, for example, arranging, dynamic procedure, direct administration and venture coordination process. Course Four: Ethical Leadership Debate Guiding Reflective Question Student Reflection What was the meaning of ‘

Antonio Vivaldis Biography :: essays research papers

Antonio Vivaldi was conceived in Venice on March fourth, 1678. Despite the fact that appointed a minister in 1703, as indicated by his own record, inside a time of being appointed Vivaldi no longer wished to praise mass due to physical objections ("tightness of the chest") which highlighted angina pectoris, asthmatic bronchitis, or an apprehensive issue. It is likewise conceivable that Vivaldi was mimicking disease - there is a story that he here and there left the special raised area so as to rapidly write down a melodic thought in the sacristy.... In any occasion he had become a minister without wanting to, maybe in light of the fact that in his day preparing for the organization was regularly the main conceivable route for a poor family to get free tutoring. In spite of the fact that he composed many fine and vital concertos, for example, the Four Seasons and the Opus 3 for instance, he likewise composed numerous works which sound like five-finger practices for understudies. What's more, this is correctly what they were. Vivaldi was utilized for a large portion of his working life by the Ospedale della Pietã . Frequently named a "orphanage", this Ospedale was in certainty a home for the female posterity of aristocrats and their various dalliances with their fancy women. The Ospedale was in this manner plentifully supplied by the "anonymous" fathers; its decorations verged on the extravagant, the youngsters were all around cared for, and the melodic principles among the most elevated in Venice. A considerable lot of Vivaldi's concerti were in fact practices which he would play with his numerous capable understudies. Vivaldi's relationship with the Ospedale started directly after his appointment in 1703, when he was named as violin instructor there. Until 1709, Vivaldi's arrangement was restored each year and again after 1711. Somewhere in the range of 1709 and 1711 Vivaldi was not connected to the Ospedale. Maybe in this period he was at that point working for the Teatro Sant' Angelo, a show theater. He likewise stayed dynamic as an author - in 1711 twelve concertos he had composed were distributed in Amsterdam by the music distributer Estienne Roger under the title l'Estro armonico (Harmonic Inspiration). In 1713, Vivaldi was given a month's leave from the Ospedale della Pietã so as to organize his first show, Ottone in estate, in Vicenza. In the 1713-4 season he was indeed joined to the Teatro Sant' Angelo, where he delivered a show by the arranger Giovanni Alberto Rostori (1692-1753). Most definitely, the finish of 1716 was a high point for Vivaldi.

Motivational interviewing Essay Example | Topics and Well Written Essays - 3000 words

Inspirational talking - Essay Example Asma’s case offers a down to earth model that persuasive meeting, which is customer focused, helps the customer to know her issues and create proper answer for tackle the current issues. Inspirational meeting can be depicted as a customer focused and mandate style of directing that is planned for carrying conduct change by helping customers to investigate, dissect and resolve troublesome conditions. When contrasted with different kinds of advising methods, inspiration meeting is objective arranged and spotlights straightforwardly on alternatives that are accessible for conduct change. The investigation and goals of the troublesome condition confronting the customer is the fundamental focal point of inspiring conduct change (Longshore &Grills,2000). Inspirational meeting, which applies the trans-hypothetical model of progress, advances social change by ending unfortunate conduct or receiving sound practices through six phases of conduct change. These are readiness, activity , backslide, thought, support and pre-consideration. Inspiration to change is animated by the customer and isn't forced by others, for example, advisors. Other inspirational methodologies weight on influence, compulsion, and useful showdown however dissimilar to inspiration talking with, they neglect to prepare and distinguish the inherent qualities and objectives that are basic to invigorate client’s conduct change. In inspiration intercession, a client’s status to change is a progressive result of relational relationship thus a specialist ought to be responsive and profoundly mindful to the persuasive indications of the customer. In inspiration talking with, restorative relationship resembles an organization which is planned for making a positive situation for change (Miller &Rollnick,1991). Substance misuse has become an upsetting and perilous contemporary pattern that has influenced the political, social and monetary existences of individuals. Its suggestions a re far bringing and numerous partners have proposed suitable measures to check it. One of the solid proportions of annihilating substance misuse and limiting its belongings is to help individuals to change their perspectives and practices towards its utilization and create propensities that will stop them from utilizing drugs. Inspiration meeting has become a basic instrument of helping individuals to limit tranquilize admission or stop the bad habit out and out (Block &Wulfert,2000). As a gathering, our job is to apply inspiration talking with standards in destroying and limiting the effect of substance misuse. The name of our customer is Asma. Our gathering comprises of four individuals, who fill in as a group in helping substance misuse customers to come out of the condition through persuasive meeting. The individuals are Fadumo, Glyn, Sharon, and Perpetua. Fadumo assumed a key job by picking a suitable culture that the gathering would draw the customer from. The way of life picked was Somali culture. Glyn figured out how to make suitable plans for the gathering and later educated the individuals about it. Sharon figured out how to watch the talking condition, distinguished the slip-ups for amendment and recorded the meeting. Perpetua was commanded with the job of overseeing issues engaged with recording of the meeting and correspondence issues, for example, overseeing email correspondence. The customer moves toward the gathering to help her to quit taking substances. As

LAW Essay Example | Topics and Well Written Essays - 3500 words

LAW - Essay Example The component truth of the assent, then again, alludes to the necessity that the assent by either or all gatherings must not have been vitiated by any deception, deceitful or something else, while the ability to contract is an individual prerequisite with respect to the gatherings of the agreement that they don't have any lawful exclusions to go into it. An exclusion for instance is minority. At last, the lawfulness of the agreement alludes to the capacity of the agreement and its terms to hold under the steady gaze of the law. Put at the end of the day, the agreement must not be legitimately invalid (Mead, Sagar and Back p 56). The issue at bar, requires the use of the laws of agreement development especially on the legitimacy of acknowledgments and offers. The current issue concerns the underlying period of agreement making which is the arrangement of the agreement. The issue here lies in the way that there was a mistake of the various components of the understanding like offer and acknowledgment and the difficult tries to decide if there was a substantial development of an agreement and with which parties. The issue includes UCL Property Developers, the enticing party, and two organizations competing for the structure contract: the DC Builders, and; the GB Construction. The request for occasions is: first, UCL gave out solicitations to delicate to building contractual workers for the development of its organization workplaces; second, DC Builders and GB Construction were the most minimal bidders and pre-qualifiers for  £ 2, 250,000, and  £ 2, 410,000, separately and each joined its own conditions and terms unmistakable from UCL’s; third, UCL granted DC with the agreement, in a letter, yet for a marginally less sum and as per its own terms; fourth, DC took steps to pull back its offer if UCL doesn't correct acknowledgment inside five days; fifth, DC officially

2013 Wait List Freshman - UGA Undergraduate Admissions

2013 Wait List Freshman - UGA Undergraduate Admissions 2013 Wait List Freshman We plan to make the final wave of freshman decisions available by 6PM today. For some students, you will be offered a place on our wait list. Every year our office has to predict approximately how many students we can admit in order to enroll our freshman class, but we can never be sure how many students will enroll until after the May 1 commitment deposit deadline has passed. If the number of students who say they will be attending UGA is lower than we expect, we may need to go to our wait list group in order to get the size that we want for our freshman class. Every year we have about 1,000 students on the wait list. We carefully monitor the deposits coming into the University to see where we are in comparison to the predicted freshman numbers. For those of you who have been wait-listed, here is a chance for you to comment. Please remember that this is not a blog where you should post statistics or throw fellow classmates under the bus. These types of comments will be deleted. The Wait List FAQ can answer some questions, but the most important thing you need to do is decide if you want to remain on the wait list. Follow the instructions on the status check or wait list letter we mailed to let us know if you want to stay on the wait list or if you want to decline this option and move forward with admission at another college. If you decide to stay on the wait list, you should still move forward with an alternate college plan as we will not know about any wait list options until May at the earliest. If you select to stay on the wait list, we will know that you still want to attend UGA if an opportunity opens up. The key word in wait list is wait as this is not a quick process. So please be prepared to wait. This year there are three options for the wait list reply. You can say no, please do not consider me for the wait list. The next option is to remain on the wait list, but only if it is for the Fall term. The third option is to remain on the wait list and be considered for both Fall and Spring terms. This is so that if there is space available for the Fall term, we will look at all of the students who have asked to remain on the wait list. If the only space available is for Spring term, we will only look at students who said Fall or Spring. Once you select an option, you cannot change it so be sure to think about your decision before you make your selection. We will not know details about the wait list until after May 15, and it may be well after that. Please be patient with our office and read the FAQ before asking questions as it can give you a great deal of information.

THE CRITICAL FAILINGS IN BANKING REGULATION - Free Essay Example

Throughout the history of financial crises, prudential regulators and central banks have been considerably involved in developing a wide spectrum of regulatory tools to ensure the smooth functioning of the banking sector and maintain financial stability. Deposit insurance, Lender of Last Resort (LLR), prudential regulation and supervision have been extensively discussed in academic and literature as the three major components of government financial safety net. In the midst of these regulatory tools, the regulation of bank capital stands out as one of the most critical in the view of fostering banking stability and preventing financial crises. Regrettably, bank capital regulation (Basel II) has turned out to be a massive fiasco, probably the one of the most crucial main failings in banking regulation that intensified the severity of the recent global financial turmoil. Firstly, this chapter will discuss the history and rational behind bank capital as regulatory tools, and secondly examine the extent to which Basel II contributed to both the occurrence and the severity of financial crisis 07/08. Finally, we will examine the nexus between financial innovation and systemic risk, and critically discuss how central banks and financial regulators have lost sight of systemic risk control in the light of weaknesses of the incumbent macro-prudential regulatory framework. HISTORICAL PERSPECTIVE OF BANK CAPITAL REGULATION The Banking system performs special functions including: asset transformation, liquidity insurance, development of payment systems and transmission of monetary policy impulses, investment monitoring, and risk diversification. The nature systemic banking risk and the pivotal role of banks in promoting economic development have been culminant considerations that underpin the rationality of banking regulation, Goodhart et al (2001, p.10) and Llewellyn (1999). One important lesson policy makers have learned from historical episodes of financial crises is the intrinsic fragility of the banking sector. Asset-liability maturity mismatches, banks runs and stock market crashes or any turbulent financial shocks at macro-level can deplete banks capital, resulting in systemic banking failures and serious disturbances in the financial system. The interconnectedness between banks with derivatives networks and financial linkages intensify the gravity of banking sector problems and eventually resu lt in a widespread of counterparty and systemic risk, leading to severe economic contractions and disruptions as we witnessed during the recent financial turmoil that followed the subprime crisis, Heffernan (2005). The main rationale behind introducing minimum capital adequacy requirement was to ensure that Banks hold sufficient capital to buffer against adverse financial shocks and unexpected losses, thus foster banks solvency and financial stability. Santos (2000, p.1) explained the importance of bank capital from the role it plays in banks soundness and risk-taking incentives, and from its role in the corporate governance of banks.  He argued that bank capital help not only reduce excessive risk taking and moral problems of created by deposit insurance, and but also consolidate the stability of the banking system by reinforcing the stand alone strength of banks in the midst of unexpected brutal financial storms, thus containing the eruption of systemic banking failures and minimizing the cost of government bailouts. Strong capital buffers are meant to absorb bank losses and minimize the occurrence of bank failures. The higher are the risks exposures of a Bank, the higher will be its capital charges; bank capital standards act a disciplinary mechanism that monitor Banks risk taking incentives. According to Allen and Gale (2007.p.193), bank capital plays a key risk sharing function by acting as a buffer that offsets depositors losses and allows orderly liquidation of the banks assets in the worse scenario of a bank failure. They further argued that incomplete markets justifies regulators involvement in setting bank capital to ensure optimal risk sharing and social welfare though appropriate capital rules that effectively mitigate the negative systemic externalities of bank failures. In 1988, G10 Nations signed Basel Accord for international bank capital standards. On December 1992, Basel I capital regulated were implemented to ensure that Banks h old sufficient capital to buffer against their credit risk exposures. Fast pace developments in financial innovations, market-based finance, securities and derivatives trading led policy makers to amend Basel I in 1994 and 1999 to provide more accurate capital provisioning covering wider aspects of financial risks including market risk, interest rate risk and operation risk. In June 2004, as a response to mounting criticisms against Basel I that followed the Asian financial crisis [1997-98], the Basel Committee for Banking Supervision (BCBS) published a new complex framework with three pillars titled Basel II. First of all, Basel I was criticized for inadequately coverage of all bank risks exposures. Secondly, risk calibrations and weightings were too simple and not properly done, thus did not accurately reflect actual underlying risks, Weber (2009). Thirdly, most importantly Basel I framework neglected issues regulatory arbitrage, Jackson et al. (1999). Atkinson et al (2008b, p.70) argued that Basel I allow Banks to easily manipulate their capital requirements using a disintermediation strategy by shifting between on-balance sheet assets with different weights, and by securitizing assets and shifting them off balance sheet. As a result, financial institutions accumulated excess capital, higher than minimum regulatory requirements, which regrettably did not constrain their risk appetite, Blundell-Wignall et al (2008). Basel II was scheduled to be fully operational by the end of 2006. However, the complexity of risk-sensitive capital requirements calibration under Basel II was so complex that it required longer transition periods than previously planned. Many financial institutions had not yet fully implemented Basel II till 2007 when the subprime crisis erupted in the US. Though Basel II cannot be fully blamed for triggering the subprime crisis, the entire financial crisis has thrown significant light on deficiencies of Basel II regime. Consequently, appropria te corrective measures have been implemented in the so called Basel II enhanced framework- 2009 and many other financial reforms are underway to strengthen banking regulation at an international level. UNDERSTANDING THE DEFICIENCIES OF BASEL II SYSTEM PILLAR 1: Risk Measurements Basel II is based on three pillars. The first pillar defines minimum capital level banks should hold as reserve to buffer against unforeseen losses. The calibration of risk adjusted capital adequacy requirements is based on complex risk weights applied separately to different asset classes and then summed up to determine total Risk weighted asset ( risk coverage included: operational risk (OR), credit and market risk (MR)). The basic principle under Pillar I is to assign capital charges based on the size risk exposures. Simply put: the higher the risk exposures are, the higher is the level of capital buffers imposed. Calibration of capital requirements: {RWA= {12.5(OR+MR) + 1.06SUM [w(i)A(i)]} (where: w(i) is the risk weight for asset I A(i)) see: Atkinson et al (2008b, p.72 }. Basel II provided Banks with three options with regard to their risk assessments based on which capital charges are defined. Small financial institutions with no capacity to model their risk and quantify their risk exposures internally could follow either the simplified approach with the fixed risk weights terms defined in Table 1, or a second approach based on external rating provided by Credit Rating Agencies (CRAs). The third option is the internal ratings-based (IRB) approach under which big sophisticated banks are allowed to use their internal risk management model to assess the probability of default (PD) and losses given risk exposures at default (LGDs), Blundell-Wignall et al (2008). The IRB system required not only high caliber internal expertise to gauge risk-sensitive weights with complex aggregation and quantitative risk modeling methods; but also high level of banking supervision to ensure full disclosure, transparency and accuracy of risk inputs in these financial risk models. In all cases, it is critical to properly calibrate risk for capital regulation to be effective. Source: Adrian Blundell-Wignall and Paul Atkinson (2010) BASEL II COMPOUNDED BANKS APPETITE FOR MORTGAGES As we discussed earlier on in the previous chapter, macroeconomic conditions (abundant liquidity and low interest rates between) led financial institutions to seek after higher return. Atkinson, Blundell-Wignall, and Lee (2008a) argued that Basel II stimulated financial institutions appetite for mortgage financing, hence helped fuel the housing bubble. Under Basel I, 50 % capital weight was required for on-balance sheet mortgages and Zero for secruritzed mortgages shifted off balance sheet through SIV, while newly published Basel II (2004) required 35%, and possibly as lower as 15% or 20% for sophisticated banks, depending their ability to use the complex internal ratings-based (IRB). However, under Basel II capital charges will apply for mortgages whether treat on and off balance sheet. The Basel Committee allowed banks to anticipate new bank capital rules (Basel II) before they become fully operational in January (2008) as planned in many countries. It is therefore rational that lower capital weights inevitably made mortgages more attractive for large banking groups such as Citi and Northtern Rock that opted for (IRB), allowing them to aggressively invest in residential mortgage backed securities (RMBS) to generate higher return on capital for low-capital-weighted mortgages, (see: Figure 1, Basel II advance estimates compared to Basel I Minimum Capital for Commercial Banks in the US). Fannie Mae and Freddy Mac (GSEs), main players in the US mortgage market, grew their mortgage portfolios from $160Bn to $1.5 trillion between 1990 and 2003. The Fed did not respond to this systemic threat, but rather stimulated the housing bubble with excessive quantitative monetary stimulus post the 2001 recession. These low interest rate policies triggered a demand bubble for mortgages, resulting in GSEs mortgages portfolio exploding to approximately $3.2 trillion in 2007, Carosio (2010). Blundell-Wignall and Paul Atkinson (2008a) have empirically modeled the impact of Basel II introduction in 2004 on RMBSs acceleration (see Summary of result in Figure 2). In 2004, many other financial institutions which continued to operate under Basel I immediately responded to this regulatory arbitrage opportunity by rapidly accelerating mortgage lending through extensive off-balance sheet securitization vehicles (SIV), while awaiting Basel II to become fully operational. Figure 1 Figure 2: Model-based Contributions to the RMBS Explosion RISK CONCENTRATION AND REGULATORY ARBITRAGE The Basel system defines Risk adjusted Capital requirement based on a mathematical model many assumptions, most notably the portfolio invariance assumption; that is risk adjusted capital charges should depend only on the risk of that loan, not on the portfolio to which it is added Atkinson et al (2008b, p.72). Mathematically speaking, capital charges for credit risk exposures of mortgage loan rises linearly with respect to holdings in that assets type, but remain independent to the exposure size that is, appropriate diversification is simply assumed! Blundell-Wignall et al.(2010, p.4). Such assumption facilitates the application of mathematical models underpinning Bank capital rules with the convenience of simple additivity. However, not only portfolio invariance rules out the importance of specific risk diversification and its impact on the overall portfolio risk, but it also most importantly fails to consider the concentration risk in the portfolio. This created an arbitrage oppo rtunity created that enable banks to expand their investment in profitable mortgage lending by significantly leveraging their capital without considering the danger of excessive risk concentration mortgage assets. THE NORTHERN ROCK EXAMPLE Northern rock, a key player in the UK mortgage market, was one of the first banks to anticipate Basel II and choose IRB approach. The Bank aggressively concentrated and grew its mortgage assets by excessively rolling short-term debt. Northern rocks rapid expansion of mortgage products in anticipation of Basel II was fully fueled by massive liquidity funding on wholesale markets which regrettably did not properly match with its liabilities. As a result, the explosion of the subprime meltdown (with falling house prices, collapse of CDOs markets and huge default mortgages products, liquidity frozen on financial markets), Northern rock to suffered a bank run; the first bank run recorded in Britain since 1866. Northern rock achieve considerable average annual assets growth rate estimated to 20% and concentrated more than 75 % of its assets in mortgage related assets to lower their capital charges. The regulatory arbitrage opportunity led the bank to forgo an equity building culture for credit expansion culture based on debt building in order to uplift shareholders return on capital and share price, Atkinson, Lee et al (2008, p.9). In June 2007, as the subprime earthquake began to erupt, Northern Rock recorded GBP 2.2bn equity capital and GBP 113bn total assets, making the bank one of the most highly leveraged in the midst of the liquidity turmoil. Their risk weight asset under Basel II was GBP 19bn, equivalent to 16.7 % total assets; while Under Basel I their capital charges amounted to GBP 34bn (a ratio of 30 % to total assets), Atkinson, Lee et al (2008, p.9). Bank of England intervened with  £23 billion liquidity injection; approximately 15times the amount of regulatory capital required by Basel II [ £1.52 billion], Rochet (2008, p.7). MORAL HAZARD AND THE ROLE OF CREDIT RATING AGENCIES In the IRB approach risk inputs are subjective and this exacerbates moral hazard problems in the banking system in the absence of a tight and robust supervisory framework. Off balance sheet and over the counter risk exposures (like CDSs) were not fully observable by financial regulators. Also, the unavailability of sufficient historical data (about new structured financial products) made it a difficult task for quantitative risk managers to model and forecast risk exposures; increasing the tendency of banks to become less transparent in risk disclosure and manipulate inputs in risk modeling to reduce their bank capital requirements, Blundell-Wignall and Atkinson(2008b). According to Bair (2007), Chair of the Federal Deposit Insurance Corporation (FDIC), ÃÆ' ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€šÃ‚ ¦ the key risk inputs that drive the advanced approaches are subjective ÃÆ' ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€šÃ‚ ¦ unreliable and unproven. In the context of the subprime crisis, financial regulators failed to e xercise higher level of due diligence vis-à  -vis the reliability and accuracy of IRB system of banks. As a result of risk was mispriced and capital charges were inconsistently lower with regard to actual risk. The role of Credit Rating Agencies in the financial turmoil 07/08 has been extensively discussed. External rating by CRAs is a fundamental part of risk assessments approaches under pillar I (Basel II). CRAs, legally authorized risk experts, were trusted enough not only with the potential to advise banks on risk rating and analytics, but also with the capability to provide credible, consistent and accurate inputs to risk ratings, based on which regulatory bank capital are charged. However, this overreliance in CRAs turned to be scandalous, particularly regarding the misprice of risk associated to senior tranches of CDOs that were rated triple AAA, making them seem riskless and very attractive to investors. As matter of fact CRAs boosted the demand CDOs which eventually hel ped boost the housing bubble. Also, the misprice of risk, led to insufficient capital buffers that has significant increased the magnitude of banks vulnerability due to excessive risk concentration in subprime related exposures. PRO-CYCLICALITY EFFECTS Heid (2003), Gordy and Howells (2004), Pederzoli et al (2009) provide substantial evidence of pro-cyclical effects of risk-sensitive bank capital requirement. While asset prices tend to increase the upper phase of the business cycle, in contrast, the riskiness of assets tend to fall, encouraging bank to take on extra risk and aggressively compete to increase their profit in so called good times. Brunnermeier, Goodhart et al (2009, Page xii) argued that competitive forces activates an automatic disciplinary mechanism, causing banks to respond to the dynamics of markets development during economic booms by: (i) expanding their balance sheets to take advantage of the fixed costs of banking franchises and regulation (ii) trying to lower the cost of funding by using short-term funding from the money markets and (iii) increasing leverage. According to Nickell et al. (2000), Bangia et al. (2002), macroeconomic and market conditions are keys drivers of asset values, stock market volatil ity and credits risk factors across the entire business cycle. It therefore becomes rational that risks vary in line or pro-cyclically with the business cycle, increasing the tendency to lax risk judgments in good times and overestimate them is bad times. Dowd (2009, p.161) and Repullo and Suarez (2009) explained how risk inputs in IRB and external rating (CRAs) tends to be less rigorous in times of economic booms as compared to recession times, leading to degrade risk weights in expansion phases of the business cycle. This ultimately resulted in lower capital charges in good times, as we have witnessed during the recent housing bubble, encouraging credit expansion through excessive leveraging of capital when a downturn is most probable. Dowd (2009) argued that the procyclicality of Basel II risk sensitive capital requirement contributed to the severity of crisis. Figure 3 is a perfect graphical illustration of risks fluctuation over the business cycle in the United States. The char t is graphical representation of the trends in aggregate assets as a ratio of risk-weighted assets over the US business cycle (represented by trends in GDP). We could easily observe that risk weighted assets followed a downward trend during the high tech bubble also referred to as the dot com bubble (1998-2000). Oppositely, following the bursting of the dotcom bubble which triggered the 2001 recession, risk weighted asset took an upward sloping trend. The same procyclical effects were also remarkable in the last phase housing bubble with the introduction of Basel II in 2004. Figure 3: US GDP and Total Assets/Risk-weighted Assets Blundell-Wignall and Atkinson (2008b) argued the IRB approach and external rating of CRAs (Under pillar I) exacerbated this procyclicality impact. He explained that neither banks nor CRAs predicted with complete accuracy future asset prices and stock market volatility. They all based their risk rating estimations of probability of default and loss given default based on actual business cycle conditions. Financial innovations (CDOs, CDS) facilitated regulatory arbitrage by making possible for banks to reduce their capital charges by either shifting risk off balance through SIV (motor of securitization process) or transferring credit risks to other financial counterparts by trading CDSs. Faulty risk assessments permitted banks to become highly leveraged, up to 40:1, Blundell-Wignall et al (2008a). Basel II over-relied on both banks internal risk rating models and credit rating agencies risk assessments which unfortunately turned out to be too procyclical. FAILINGS IN BANKING SUPERVISION: PILLAR 2 AND 3 Pillar 2 emphases on the banking supervision process in which prudential supervisors stress test banks soundness and provide them with essential prudential guidance to ensure that they hold sufficient capital buffers for risks that might have been overlooked under Pillar 1. An effective banking supervision review process requires a forward looking approach with dynamic provisioning of capital charges to effectively in counteract all risks misjudgments under Pillar I. The extraordinary complexity large financial institutions and instruments and fast pace nature of financial markets movement makes a challenging task for supervisors to keep themselves updated with dynamic markets practices, structures and complexity, and to forecast with accuracy futures markets volatility and assets prices, Blundell-Wignall (2008a, p75) . The subprime crisis was mainly a sequel of massive supervisory failures. It is interesting to know that Bair (2007), Chair of the FDIC, expressed dubious concerns o n regulators ability to mitigate the shortcoming of risk-sensitive bank capital rules. He argued that the unreliability of capital adequacy standards makes it even more rational to question the ability of ill-equipped financial supervisors in overcoming the defects of capital standards requirements (in Pillar I). Scientists including astronauts, physicians, engineers and mathematicians are now heading quantitative risk modeling teams within large financial institutions. These risk modelers often called quant determine internal risk tolerance using extremely complex mathematical financial models such as Value at Risk models (VaR), (the most widely used risk model, often discredited for being alarmingly sophisticated, inaccurate and grounded in misleading assumptions), Dowd(2009). Dowd (2009, p.148) argued that sophisticated VaR Models used by banks are unreliable due to high level complexity (and so greater scope for error), less transparency (making errors harder to detect), and gre ater dependence on assumptions (any of which could be wrong). Banking supervisor were far behind latest trends of financial innovation, particularly in risk management, and as a result could not match the level of expertise of investment banks quantitative risk modelers. Regulators did not have skills to accurately assess and control risk-taking and dynamically gauge capital charges. Not only supervisors overrated internal risk management models, but their extreme lasses-faire attitude vis-à  -vis banks potential to adequately manage their risk exposures internally created exorbitant moral hazard problems that eventually ruined institutional risk management systems and corporate governance. For example, in the United Kingdom, the Financial Services Authority (FSA), renown as one of the best highly sophisticated financial supervisors with qualified staffs, authorized Northern Rock adherence to Basel II IRB approach. Though FSA fully understood that this decision would significantly reduce and weaken Northern Rocks capital, but it couldnt exercise supervisory due diligence and prevent the bank from compounding risk taking, expanding lending through leveraging of capital, excessively concentrating its assets in mortgages products to benefit lower capital charges. Pillar 3 places emphasis on market discipline and disclosure and enforce sanctions to ensure sound and transparent risk management practices within banks. Having discussed the shortcomings of the supervisory review process, the unreliability and subjectivity of risk inputs in internal risk management models (under IRB approach), and the procycilaty of risks, it is rational to be skeptical about the accuracy risk reporting. How can supervisors ensure market discipline if they can properly assess risk themselves? Financial markets volatility and bubbles, and the complexity of new structured financial securities make the mark-to-market reporting complicated and inaccurate. In addition, risk reporting fo r OTC traded derivatives and off-balance exposures are extremely difficult and very demanding for both to supervisors and insiders; giving enough room to these last one to manipulate their institutional risk management system to achieve higher return, hence worsening moral hazard problems. KPMGs Audit Committee research survey (2008) indicated out of 1 080 audit committee members (including 150 in the UK), only 38% were satisfied with internal risk reporting, Kirkpatrick (2009, p.11). FINANCIAL INNOVATION AND SYSTEMIC RISK Though deficiencies of the Basel system enable financial institutions to lower their capital requirement and expand mortgage lending to uplift returns, the debate about casual distortions in banking regulation cannot be ended without further elaborating on the key role played by financial innovations both in the housing bubble and the spread of systemic risk. As financial institutions aggressively sought after higher return in the midst of the global liquidity bubble, the crisis recorded an uncontainable explosion of highly complex financial innovations on a global scale. Credit Default Swaps (CDSs) and Collateralized Debt Obligations (CDOs) are incontestably the most popular structures financial products that have played a critical role in the financial crisis, see Figure 45. In simple terms, CDOs are bonds underlying pools of asset back securities such as mortgages; and CDSs is a credit risk transfer contractual agreement between a buyer and a seller, where by the seller agrees t o compensate the buyer in the event of default in exchange of periodic fee till the CDS contract reaches maturity. The originate distribute model enabled banks off load risks from their balances through structured investment vehicles (SIVs) and facilitated credit risks transfer to a wide spectrum of investors into wider markets. Figure 4 Figure 5: Growth in CDS Before the crisis, many were those who firmly believed that the securitization will strengthen financial stability through effective dispersion of credit risk, making macroeconomic and adverse financial shocks easily absorbable and spread across a diversified pool of investors, Shin (2009). Before the subprime crisis, the IMF (2006,p.51) also believed that the dispersion of credit risk by banks to a broader and more diverse group of investors, rather than warehousing such risk on their balance sheets, has helped make the banking and overall financial system more resilient. When the subprime crisis erupted, everyone i ncluding Financial regulators got to realize that risk transfer through securitization can contribute to financial fragility and increase systemic risk in the absent of adequate supervision. Demyanyk and Hemert (2007) and Keys et al. (2007) provide solid empirical evidence that securitization eroded sound principles of underwriting standards and resulted in very poor credit quality. According to Aloko and Tuson (2010, p.6), the Mortgage Meltdown marked the end of this age of ignorance and lifted the veil on the ugly truth of securitization. It is very regrettable that prudential regulators neglected the simple fact that credit risks transfer will enhance financial stability in the short run but at the detriment of rising systemic risk in the long run. The more risk is transferred through complex and highly leveraged financial instruments (such as CDSs or CDOs), the stronger becomes interdependencies and financial linkages between counterparts within the financial system, hence the h igher level of systemic risk! Regulators overlook the danger of CDOs and CDSs systemic risk exposures and how this exposure could be managed if the worst comes to the worst Chorafas (2009, p. xii). SLUMBERING REGULATORS AND SYSTEMIC RISK Fannie Mae and Freddy Mac (GSEs) grew their mortgage portfolios from $160Bn to $1.5 trillion between 1990 and 2003, and then to approximately $3.2 trillion in 2007, Carosio (2010). The senior tranches of CDOs were rated AAA by CRAs, making them appear very attractive and as safe as US government bonds, while in reality they were very risky junk bonds. The markets for CDOs grew rapidly to approximately $1.2 trillion by the end of 2007 according to IMF statistics. CDSs markets was over the counter, out of control, unlimited and significantly exploded to feed investors natural instincts to mitigate their credit risk exposures to collateralized debt obligations (CDOs). Investment banks heavily traded CDSs to hedge against their excessive risk concentration in mortgage related assets; over $60 trillion CDSs were outstanding in the wake of the subprime meltdown (Dowd 2009, p46). CDSs eventually became a major source of revenues for many financial institutions and large insurance companie s. For example Lehman Brothers had approximately $ 400Bn outstanding CDSs obligations to honor, Brettell Karen(2008). A greater systemic trouble would have evolve if the US federal government did not provide $170Bn immediate assistance to AIG, which was also on the edge of bankruptcy with over a $1.6 trillion in CDSs obligations to counterparts including US large investment banks and many other large financial institutions across the globe. Lehmans bankruptcy in Sep 2008, the greatest of financial story, triggered a systemic spread of credit defaults and financial panic on international financial markets. The fear of counterparties risk severely contracted liquid on interbank markets as banks felt insecure lending to each other, see figure 67. The systemic fallout of Lehman Brothers collapse has exacerbated the liquidity crisis and the international market situation, which had been unsettled for more than a year, see: Bank of France Commission Bancaire (2008). Rapid propagation o f contagion risk led to uncontainable systemic breakdown that undermined global financial stability and exacerbated financial markets distress. The lack of due diligence and inability of financial regulators to impose markets discipline and anticipate the systemic implications uncontrolled financial innovations (complex securitizations, unlimited networks of toxic CDS) compounded systemic risk and resulted in a highly leveraged and fragile banking system. According to Chorafas (2009, p. xiii) financial regulators including FSA, SEC watched this happening in the false belief that markets correct their own excesses. They all got it wrong, and macroprudential regulation inevitably failed. Figure6: Three month and interbank rate Figure7: Financial market liquidity indexes Source: Bloomberg: (e) Lehman Brothers Bankruptcy Source: Bank of England, 2009 POOR MACRO-PRUDENTIAL SURVEILLANCE Based on the experiences of past financial crises, Davis E P (1999) examined financial data and macroeconomic indicators needed for macro-prudential surveillance. The table below show a cross county study that indicates different factors which have led to historical episodes of financial crises across the globe, see Table 2. It is interesting to notice that most factors which caused financial crises in the past as the same which triggered the recent global financial turmoil. There is enough reason to believe that regulators either have chosen to be blind and neglect all early signal of the development systemic risk in financial system, or they were incapable to impose market discipline on banks. The debt bubble originating from both macroeconomic imbalances and extensive securitization, the excessive risk concentration in mortgage products, the housing bubbles, decline in lending standards, faulty risk reporting and supervisory systems, uncontrolled financial innovations, unlimited trade of toxic OTC derivatives (CDSs) were clear symptoms that a financial crisis was under way. These alarming alerts should have been timely addressed to prevent or contain the severity of the recent financial turbulence. Do regulators really learn from their past mistakes, many were the warning signals to the subprime meltdown, debt accumulation financial innovation and risk concentration, unfortunately as the Larosià ¨re report confirm there was no regulatory responses till these embryonic systemic risk signals fully developed and engulfed the entire the financial system. The High-level group on financial supervision in EU (Report 2009, p40) affirmed to have identified macro-prudential risks there was no shortage of comments about worrying developments in both macroeconomic imbalances and the lowering price of risk, for example; [However] there was no mechanism to ensure that this assessment of risk was translated into action. Table 2: Macro-prudential surveillance indicato rs Davis E P (1999) THE UK EXAMPLE In the United Kingdom, macro-prudential regulation failed due defects in the tripartite regulatory system introduced by Gordon brown in 1997 under which the banking supervision functions were separated from Bank of England and delegated to an independent and well structured financial regulator (FSA). In the context of regulatory failures in the UK, it is no longer a secret that the FSA overemphasized on micro-prudential regulation (the supervision of individual financial institutions) and unfortunately paid less attention to systemic risk developments in the financial system (macro-prudential supervision). The FSA not only failed enforce market discipline on banks excessive risk taking and leverage (Northern rock case) but also had no capabilities to gauge systemic risk and stress test the stability of the UK financial system as a whole. The tripartite structure resulted in imperfect information flows between the Bank of England and the FSA, leaving the central bank with no powers over the banks and a bank regulator with no remit to monitor the bigger picture Osborne (2009, p.15). A clear lesson to retain from the financial is that systemic risk has significantly grown in todays globalized financial system and as such a perfect coordination between micro and macro prudential regulation is imperative to ensure financial stability.

Human Resorce Management vs. Operations Management...

Orlandus Leonard Human Resources Management vs. Operational Management Kaplan University MT 435 Operations Management Human Resources Management and Operational Management are two very distinct managements that are strangely co-dependent of each other in my view. Operations Management is responsible for designing, operating and improving productive systems or in layman’s terms, systems for getting work done. Operations Managers are found in all walks of life. In anything you basically do or have done there are operations managers. When you go to the store, when you buy gas, in factories, in hospitals, banks even in your government there are operation managers. They are the ones who design systems, who ensure the quality of your†¦show more content†¦Congruence- the goals must be consistent such as recruiting talented workers capable of innovative research and development of company products. Project management is managing the work to develop and innovate or even change within an existing operation. There are five steps in this management: Initiating the project, Planning and controlling all activities to keep the project on schedule, executing every phase of the projects process, monitoring/ controlling reviewing and regulating the progress and performance of all phases of the project, Closing process this is where all processes are finalized and completed to officially close the project out. Human Resource Management basically deals with the people or resources while Project Management deals with the project and what needs to be done, while Operations management deals with doing the job. References http://www.newsamerica.com/whoweare/Pages/operatingprinciples_new.aspx Russell, R. S., Taylor III, B. W. (2014). Operations and Supply Chain Management, 8th edition. Hoboken, New Jersey: John Wiley Sons, Inc. http://www.bls.gov/ooh/management/human-resources-managers.htm#tab-2

The Struggle for Freedom in Yellow Wallpaper and Story of...

Struggle for Freedom in The Yellow Wallpaper and The Story of an Hour The Yellow Wallpaper and The Story of an Hour are two very similar stories. Both deal with middle-aged women who long to attain their freedom. They share the same theme, but convey the message differently in terms of style and quality. The two stories are about women who are fighting for freedom, happiness, and the ability to be truly expressive in any way possible. The greatest similarity is between the female protagonists of each story. Each woman is desperately searching for freedom, but not allowed to have it. In The Yellow Wallpaper, the female protagonist depressed. To treat her sickness, she is sent with her husband to live in a haunted mansion†¦show more content†¦She is also forced to stay inside that room for every part of the day and she is not allowed to express her creativity in any shape or form. The Story of an Hour is very similar to this, but contains many differences. Its like the other story in the way that the main character is in a room by herself, but she was not forced into the room, and she could leave if she wanted to. Its also similar in the way that she wants her freedom. However freedom is different from the other story .The woman wants to actually be free and be able to live her own life. In The Yellow Wallpaper, the woman wants to experience her own life, but, more importantly to her, to have the ability to express herself and be creative. She wants to be able to write and take walks while in The Story of an Hour the wife wants to live without her husband. Both of these characters want freedom, but only one gets it. In The Story of an Hour, the woman believes freedom is hers, but the shock of her losing it again causes her to have a heart attack and die. However, Death is eternal freedom. In The Yellow Wallpaper, the woman goes crazy for lack of freedom, yet does not die. She goes crazy and experiences her own type of freedom, but her freedom is only temporary, and once she leaves the house she is going to start getting better. 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Gilman’s personal life is reflected through this story because she dealt with similar challenges the narrator herself has to overcome. â€Å"Her lectures, novels, short stories, magazine articles (including her best known work, â€Å"The Yellow Wallpaper†), and nonfictionRead MoreThe Yellow Wall Paper And The Story Of An Hour1601 Words   |  7 PagesJanae Parham Instructor: Cherie Shields WR121 11/8/15 The Story of The Yellow Wallpaper Women have traditionally been known as the less dominant sex. Through history women have fought for equal rights and freedom. They have been stereotyped as being housewives, and bearers and nurturers of the children. Only recently with the push of the Equal Rights Amendment have women had a strong hold on the workplace alongside men. Many characters in literature are conceived from the tension women have facedRead MoreThe Yellow Wallpaper Essay1453 Words   |  6 PagesThe Yellow Wallpaper is a story that exemplifies the common belief during the 1800’s. 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The treatment, which she underwent, required female patients to â€Å"’live as domestic a life as possible’† (Gilman)Read More`` The Yellow Wallpaper `` By Charlotte Perkins Gilman858 Words   |  4 Pagesme, but one expects that in marriage.† Charlotte Perkins Gilman wrote, â€Å"John laughs at me, of course, but one expects that in marriage.† In her The Yellow Wallpaper men attempted to prevent women from achieving their intellectual and creative potential by making women be their subordinates. The dreadful wallpaper that Gilman came to hate in her story is a symbolic representation of her personal life were as she gets married her role is limited to that of a domestic servant as her husband exercises

2019-20 LSAT Costs and Fee Waivers

The basic fee for the LSAT during the 2019-2020 academic year is $200, and this  cost increases for each law school to which you apply. Additional fees include things like test date changes, test center changes, and handscoring of your exam. A typical law school applicant will often spend over $500 on the LSAT, and nearly all law schools require the LSAT. The tables below provide details on the fees associated with the LSAT. Basic Fees The LSAT Test $200 Basic fee includes Digital LSAT and LSAT Writing Credential Assembly Service (CAS) $195 LSAC's service that summarizes undergrad transcripts, creates law school reports, and processes letters of recommendation and electronic law school applications. Your CAS account remains active for 5 years. Law School Report $45 The LSAC provides a Law School Report to each law school to which you apply. The Law School Report includes an academic summary report, LSAT scores and writing sample, transcripts, admission index, and letters of recommendation. Standalone LSAT Writing test $15 For applicants who wish to retake the LSAT Writing LSAC offers package options if you’re sure that you will be applying to one or more law schools after taking the exam. The single-report package and six-report package include the LSAT, LSAT Writing, CAS, and Law School Report(s). The packages offer a small discount over individual pricing. Auxiliary Fees Test Center Change $125 Fee to change testing location. You may choose another available test center before the change deadline. Test Date Change $125 Fee to change the date of your LSAT exam to another date within the same testing year. The date change request must be made before the deadline for your current test administration. Handscoring (optional) $100 After you receive your LSAT Score Report, you may request handscoring if you believe your test has been scored incorrectly.Requests for handscoring must be received no later than 40 days from the test date. Nonpublished Domestic Test Centers $295 If you can't travel to a published/listed test center, and you're farther than 100 miles from an open, published center, you may request to test elsewhere. The nonpublished test center fee for Domestic Test Centers is in addition to the LSAT Test Fee. Nonpublished International Test Centers $390 The nonpublished test center fee for International Test Centers. This fee is in addition to the LSAT Test Fee. LSAT Registration Refund $50 Partial refund for LSAT registration fees. Request for a refund must be made before the refund request deadline for your test administration date.Note that change of test date, change of test center, and nonpublished test center fees are not refundable. CAS Registration Refund $50 Partial refund for Credential Assembly Service (CAS) fees may be requested as long as transcript summary process has not begun, no letters of recommendation have been received, no electronic applications have been sent to LSAC for processing, and CAS registration has not expired. LSAT Fee Waivers Fee waivers for the LSAT are available, but the criteria to qualify for a waiver are stringent. Those eligible to be considered for LSAT Fee Waivers are limited to U.S., Canadian, or Australian citizens, U.S. nationals, U.S. permanent resident aliens, those who have applied for or been granted deferred action under DACA, permanent residents of Canada, or refugees in Canada.   Qualified applicants need to meet specific standards, and, according to LSAC, â€Å"only those with extreme need should apply.† After submitting an application for a fee waiver, applicants will be required to submit federal tax forms for verification. If qualified, the waivers will cover two LSAT tests, which must be taken within a two-year period, one LSAT writing, one CAS registration, and six CAS Law School Reports. Those applying to more than six schools will need to cover the additional costs independently. Note that some law schools will waive application fees for LSAC fee waiver recipients. The LSAC website provides additional information about how to apply for the LSAT fee waiver. Case Studies The $200 LSAT exam fee represents just a portion of the costs associated with applying to law school. Chances are you are going to pay $500 or more in total LSAT costs as the examples below illustrate. Greta  is applying to five law schools, and each of those schools requires the Credential Assembly Service. She will need to pay for the LSAT registration, CAS, and five score reports. Her situation is typical of most law school applicants. Total Cost: $620.Justin registered for the LSAT, and he is planning on applying to eight law schools, but he had to change his testing date. Each of those schools either requires or recommends the Credential Assembly Service. Justin will get billed for the LSAT, testing date change, CAS, and eight score reports. Total Cost: $880.Fernando is applying to six law schools. The first time he takes the LSAT, he doesnt get scores that are strong enough to be admitted to his top choice schools, so he takes the LSAT again. When a family crisis comes up, he has to change his test center location. His schools all require the Credential Assembly Service. Fernando will need to pay for the LSAT twice, CAS, his test center change, and six score reports. Total Cost: $990.   Source â€Å"LSAT CAS Fees and Refunds.†Ã‚  The Law School Admission Council. Article edited and expanded by Allen Grove

Forms of Tourism - 4598 Words

CHAPTER 3 FORMS OF TOURISM Forms of tourism can be discussed in terms of the displacement of persons within certain conditions. These trips always take the visitors outside their usual environment, but might take them also outside their country of residence into another economy. Forms of tourism can also be discussed in terms of the different types of tourism in a particular country, i.e. ecotourism, sports tourism, health tourism, etc. FORMS OF TOURISM - DISPLACEMENT OF PERSONS In economic measurement, countries are usually interested in looking separately at effects whether they occur on their soil or within other economies. This issue is particularly relevant in the case of tourism which by nature supposes that individuals displace†¦show more content†¦NATIONAL PARKS †¢ Mulu National Park, Sarawak †¢ Kinabalu National Park, Sabah †¢ Taman Negara, Pahang †¢ Other National Parks In Malaysia HILLS †¢ Cameron Highlands, Pahang †¢ Frasers Hill, Pahang †¢ Bukit Tinggi, Pahang †¢ Other Hills In Malaysia THINGS TO DO †¢ Agro-Tourism †¢ Angling †¢ Bird Watching †¢ Cave Exploration †¢ Your Diving Paradise †¢ Eco-Tourism †¢ Golfing - 200 Courses To Choose From †¢ Mountain Biking †¢ Mountain Climbing †¢ River Cruising †¢ Rock Climbing †¢ Exhilaration in Tropical Waters †¢ Sport and Recreation †¢ White Water Rafting †¢ Wreck Diving †¢ 4 Wheel Drive Expeditions †¢ More Adventures Ecotourism evolved from nature tourism, which can be defined as, â€Å"Ecologically sustainable tourism with a primary focus on experiencing natural areas†. Using the same definition, ecotourism can be defined as ecologically sustainable tourism with a primary focus on experiencing natural areas that fosters environmental and cultural understanding application and conservation. Ceballos-Lascurain (1993) defined ecotourism as, â€Å"Environmentally responsible travel and visitation to relatively undisturbed natural areas, in order to enjoy and appreciate nature (and any accompanying cultural features - both past and present) that promotes conservation, has low negative visitor impact, and provides for beneficially active socio-economic involvement of local populations†. The National Ecotourism Plan for Malaysia, a study prepared for the Ministry of Culture, Arts and Tourism,Show MoreRelatedThe Alternative Forms Of Tourism2904 Words   |  12 Pagesalternative forms of tourism, such as sustainable travel, adventure travel and volunteer travel that give a purpose to the travel that you make. From the preparation before your travel, the actions that you take during your trip, and the living style that you pursue afterward, you can become a responsible traveler that makes a change to the world. However, while alternative forms to mass tourism may be meaningful, this paper will also evaluate some positive and negative impacts due to tourism and discussRead MoreSustainable Tourism Through Alternative Forms of Tourism Essay1883 Words   |  8 PagesSustainable tourism is only achievable through the development of alternative and new forms of tourism. Critically discuss this statement with reference to one or more examples of alternative tourism in develo ped or developing countries. The development of Sustainable Tourism has allowed society to meet their own present needs, without compromising such needs of future generations (Weaver and Lawton, 2010). Much attention in relation to sustainable tourism has been devoted to Alternative Tourism. 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Song (2012) refers to tourism supply as the direct result of every good and service that is significant in meeting the demand of tourism consumption. Tourism supply is complex in nature due to its non-mobility of location in an otherwiseRead MoreGlobal Tourism : The Mass Movement Of People Essay1485 Words   |  6 Pagesthe world. These cases of global tourism provide an enriched environment that involves the interaction of different cultures and generates new processes and vehicles of understanding culture. However, whether it distorts the sense of cultural sensitivity and awareness, or if it actually works in favor of local cultures and promotes the consciousness of different cultures is repeatedly another source of debate. Tourism developments and levels of mass global tourism are studied by many scholars toRead MoreThe Development Of Tourism Development1286 Words   |  6 Pagesidea of tourism has started to emerge after the Second World War. Countries around the world started to rely on tourism as a form of foreign income. Countries particularly in developing countries that are heavily relying on tourism are generating greater benefits. According to Afrodita (2012), she points out that the industrialised countries, which known as the developed countries and the developing countries have become an important part of tourism development strategy. Nowadays, tourism does helpRead MoreThe Similarities And Differences Of Tourism And Event Management1424 Words   |  6 Pagessimilarities and differences of tourism and event management within the chosen destination, Vietnam. These similarities can be related to festivals while differences can be related to business trips and locals events Vietnam is a country with nearly 90 million people, and over 6 million tourists visiting in 2014, reaching $4.5 billion in revenue and rising (Ha.P, 2015). With these numbers it is easily seen that tourism plays a large role for Vietnam’s economy. Tourism can be define as the activitiesRead MoreIntercultural Conflict : Intercultural Conflicts1382 Words   |  6 Pagesdecreased productivity in an organization and may even lead to the decline of the organization. Avoiding intercultural conflicts enables an organization to improve the relationship between the employees and reduce cases of misunderstanding. Some common forms of misunderstanding at the workplace are related to ethnicity, education, and generations (Ting-Toomey, Oetzel, 2001). By adapting a diverse work environ ment, the conflicts can be avoided. Ethnicity as a conflict in the workplace is concerned withRead MoreThe Medical Tourism Industry Is Beneficial1728 Words   |  7 Pagesmedical treatment) and host (country people are resorting to). To strengthen the argument as to why the medical tourism industry is beneficial is that it provides an opportunity to successfully promote the image of India as a healthcare destination as it forms customer relations with foreign travel companies as well as other global medical relatives (Singh, 2014, Pg.8). â€Å"Medical tourism can be considered a kind of import: instead of the product coming to the consumer, as it does with cars or sneakersRead MoreInnovative Sustainable Tourism Novel Approach1544 Words   |  7 PagesINNOVATIVE, SUSTAINABLE TOURISM-NOVEL APPROACH Dr.Shalini Sood* Mr.Mohsin K.Chougle** *Lecturer, Dept of Home Science Govt.Girls P.G.College, Rewa. **Senior Cost Accountant-Financial Control Dept.Banta Furniture Kuwait. ABSTRACT: A rapid and massive movement of tourists within a shorter span of tourist season puts a heavy pressure on tourist resources. The usage of tourist attractions is likely to be damaged

Feminism Is Not A Dirty Word - 1039 Words

Alyssa Hollingsworth Inst. C. Calhoun English 101 Expository Draft September 4, 2015 Feminism is Not a Dirty Word As the topic of feminism has become an arising concern in society, lots of people have associated it with a negative connotation. For centuries, the mistreatment of women have been a constant battle, and some of our generation fails to understand the concept that women are equal to men. The misconceptions and stereotypes of feminism have led people to ignore and ridicule the importance of the feminist movement. The feminist movement is not just solely limited to proving that women are equal to men, we’re also busy killing the patriarchy, slaying misogynists, fighting the battle for women of color, actively promoting LGBTQ†¦show more content†¦Before you can choose where you stand in political topics, you have to research the topic, see what you agree with and what you don’t agree with. The same goes for the topic of feminism. According to a Huffington Post poll that started in 2013, only 20% of Americans consider themselves feminists, however, when the same peo ple were asked if they believed women should be equal in terms of social, political and economic standards, 82% of people said they did. Feminism is so widely recognized as a negative thing, which is why only a select few identify themselves as a feminist, and this needs to change. Feminism, has been, is, and will continue to be a fight for women to get social, political and economic justice they so righteously deserve. Feminism is not a complex idea. Feminists can be any person of any gender, sexuality, religion, race or age. If you believe that women deserve the same opportunities as men, you are a feminist. The gender pay gap is real. According to the White House, women who work full time, only make 77% of what men make (Other studies have shown this percentage is closer to 84%). In the lower entry level careers, the pay gap is almost even, but as women go farther up the food chain in their careers, the gap widens between women and men, and they end up working about forty days mo re than men before earning the same amount of them for the previous year. From a young age, every girl can remember being told, â€Å"Sit

Ralph Ellison Essay Example For Students

Ralph Ellison Essay The Path of the White Men Versus The Path of the GrandfatherThe narrator in Battle Royal, by Ralph Ellison, is confused and disillusioned. He is black man trapped in a world of cruelty and social inequality with nobody to guide him. He is being ripped apart in two directions by the advice of his grandfather and by the wishes of the white society which he longs to please. While attempting to satisfy their wishes, he forgets what is most important- his own dignity. The narrators problem is rooted with his parents. They refuse to discuss his grandfathers advice with him, and as a result he never knows exactly what it means. One could see how it would be confusing to a young boy:Son, after Im gone I want you to keep up the good fight. I never told you, but our life is a war and I have been a traitor all my born days, a spy in the enemys country ever since I give up my gun back in the Reconstruction. Live with your head in the lions mouth. I want you to overcome em with yeses, undermine em with grins, agree em to death and destruction, let em swoller you till they vomit or bust wide open (Ellison 430). His grandfather followed this advice by saying, Learn it to the younguns, (Ellison 430) and then he died. The advice was meant for the young children, and yet they were never taught its meaning. The narrator was left to ponder its meaning, and his confusion left his mind in constant guilt and disillusionment. His grandfather had always been a model citizen. He was a quiet, meek man who always acted in a desirable way towards the whites. And then, on his deathbed, he called himself a traitor and a spy. What haunted the narrator is that he acted in the same manner as his grandfather did, and had always received compliments and praise from the whites in his society. And on the other hand, his grandfather referred to those acts as being treacherous. This brought about a feeling of guilt in the narrator. How could he maintain the respect of the whites without being dubbed a traitor? It took him a while, but eventually he learned the meaning of his grandfathers advice. He was doing the acts that his grandfather meant, when he referred to the good fight. However, there was one major difference issue that he didnt understand. In trying to impress the high-standing white members of his community, he allowed them to take advantage of his ambition. He wanted to impress them because he felt that they were the ones who mattered, and only their respect and admiration counted. This was the difference. His grandfathers advice was meant to have the younguns put on a mask when with the whites. Their opinion did matter, because it was them who controlled society and them who determined the quality of life in the black community. But the agreeing and sucking up that was done had to be artificial. His inner-self must be preserved, otherwise he would be nothing more than a slave to the whites. The good fight is the battle to maintain his own dignity, and also earn the praise of the whites. This is the only way to maintain ones self-respect and survive (or maybe even advance) in a white-dominated society. Battle Royal gives the reader a frightening look at just how society looks at blacks. In the story, the narrator and another group of young, black boys are humiliated and degraded simply for the entertainment of some older white men. The narrator goes to the gathering with the intention of delivering a speech which he earned acclaim for from the white superintendent. He was incredibly excited, and was hoping to impress the other whites in the community. He is driven by the desire to please the whites, and therefore advance his own standing among them. He measures his accomplishments by what the white men think of him. He says it was a triumph for his whole community (Ellison 431) when he was asked to deliver that speech again, and couldnt be more proud. Of course, things didnt go exactly as he had planned. The white men whom he had hoped would treat him with respect proceeded to humiliate him just as they did to his black peers, whom he referred to as tough guys. One example is when the boys are presented with the white exotic-dancer. Many of the white men in the room force the boys to look at the dancer, while others threaten them when they do. It is clear that at the time that this story was written, black men could never show any kind of attraction towards white women. This was an unwritten, but inexcusable law of society with harsh consequences. Just 3 years after the book was written, a young black man by the name of Emmett Till was lynched for simply whistling at a white woman whom he must have found attractive. Now, it becomes rather obvious the stress and apprehension that this group of boys must have felt when forced to look upon that beautiful white dancer. Some of them cried, one of them fainted, and another tried to hide the proof of his arousal. The fear they must have felt is unimaginable. Even when they tried to leave, the white men, who seemed to find humor in the situation, forced them to watch despite their fear. The narrator spoke of the whit e dancer as I want to caress her and destroy her, love her and murder her. This is showing that he is very much attracted to her despite the fact that he shouldnt be. His attraction to her is natural, and he is only feeling what most men would feel. He understands that his attraction could hurt him, and this is why he says he not only wants to caress her, but because of this attraction he also wants to destroy her. He loves her, and because of this he wants to murder her. He sees her as a danger to his own life because it is impossible for him to control his dangerous feelings for her. .ub4db3645cabb04af2e73063a74cbf80e , .ub4db3645cabb04af2e73063a74cbf80e .postImageUrl , .ub4db3645cabb04af2e73063a74cbf80e .centered-text-area { min-height: 80px; position: relative; } .ub4db3645cabb04af2e73063a74cbf80e , .ub4db3645cabb04af2e73063a74cbf80e:hover , .ub4db3645cabb04af2e73063a74cbf80e:visited , .ub4db3645cabb04af2e73063a74cbf80e:active { border:0!important; } .ub4db3645cabb04af2e73063a74cbf80e .clearfix:after { content: ""; display: table; clear: both; } .ub4db3645cabb04af2e73063a74cbf80e { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ub4db3645cabb04af2e73063a74cbf80e:active , .ub4db3645cabb04af2e73063a74cbf80e:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ub4db3645cabb04af2e73063a74cbf80e .centered-text-area { width: 100%; position: relative ; } .ub4db3645cabb04af2e73063a74cbf80e .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ub4db3645cabb04af2e73063a74cbf80e .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ub4db3645cabb04af2e73063a74cbf80e .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ub4db3645cabb04af2e73063a74cbf80e:hover .ctaButton { background-color: #34495E!important; } .ub4db3645cabb04af2e73063a74cbf80e .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ub4db3645cabb04af2e73063a74cbf80e .ub4db3645cabb04af2e73063a74cbf80e-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ub4db3645cabb04af2e73063a74cbf80e:after { content: ""; display: block; clear: both; } READ: My Quality Education EssayThe night progressed and brought along with more disgrace for the boys. The boxing match between the narrator and the other boys was the next event in the evening of humiliation. They were blindfolded and told to fight each other like wild animals. They continued to beat on each other while echoes of the white mens taunts and threats were all they could hear. In the end, it came down to the narrator and the bigger Tatlock as the only ones in the ring. Tatlock was quite a character. His ideals differed greatly from those of the narrator, and the narrator called him a stupid clown for it (Ellison 436). The narrator could still only think of his spee ch that he would deliver at the end of the night despite being beaten and humiliated at the hands of the white men whom he still longed to impress. He goes as far as to offer Tatlock money to throw the fight in order to enhance his own image in front of the white men. Tatlocks response surprises him, as he refuses and says Ill break your behind (Ellison 435). His reasoning, though, is why he is actually living the life of the grandfather and not the narrator. Tatlock refuses to take the money not for the white men, but for himself. He wants nothing more than to beat the narrator into oblivion. He is not doing this to impress them, but instead for himself. He is working for the whites, and is in the same ring with the narrator, but he still manages to maintain his own soul, his own inner-self. He acts on his own feelings. This is where he differs from the narrator, who is in the ring only to impress the whites. The narrator is naive, and blind to the truth of society. The truth is th at despite his efforts and talent, he could never reach the level among the whites that he desired simply by his conduct and manner towards them. They would always consider him a step below their social standing, and would never allow him to reach their level. He had a place in society, and that would not be permitted to change. His desires along with the determination of the whites were illustrated quite clearly during his speech at the Battle Royal. At the end of the night, after he had successfully endured humiliation and physical pain at the hands of the whites, his speech finally came. At this point, the reader gets a very good glimpse at just how the whites see him now after he has suffered for them. While delivering his speech, he mistakenly brings up the word social equality (Ellison 439). At the mention of this, he is berated by a white member of the audience, and told to know his place at all times (Ellison 439). He must know his place. Well, his place was right at the fee t of the whites, and that is exactly where they intended to keep him. Though still, he continued to persist. He swallowed a great amount of blood during the speech from cuts he had suffered in the fight, and refused to spit it out for fear that it may detract from his speech. He certainly was determined, and willing to sacrifice anything- including his dignity. Well, the narrator would eventually come to an understanding of his grandfathers advice. He states that he first had to attend college though. In the end, the narrator did actually benefit from his grandfathers advice, which had tortured him for so long. He states during the story (referring to his grandfather), It was as though he had not died at all (Ellison 430). This is a very true statement. The advice that he gave to the young boy stayed with him for a long time, and in the end guided him to an understanding of the ways of society. The grandfather had his greatest affect on the narrator after he was dead, so it was as if he never died at all because his good fight carried on. .u95b5d04bfb4a99682015d923f8192a27 , .u95b5d04bfb4a99682015d923f8192a27 .postImageUrl , .u95b5d04bfb4a99682015d923f8192a27 .centered-text-area { min-height: 80px; position: relative; } .u95b5d04bfb4a99682015d923f8192a27 , .u95b5d04bfb4a99682015d923f8192a27:hover , .u95b5d04bfb4a99682015d923f8192a27:visited , .u95b5d04bfb4a99682015d923f8192a27:active { border:0!important; } .u95b5d04bfb4a99682015d923f8192a27 .clearfix:after { content: ""; display: table; clear: both; } .u95b5d04bfb4a99682015d923f8192a27 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u95b5d04bfb4a99682015d923f8192a27:active , .u95b5d04bfb4a99682015d923f8192a27:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u95b5d04bfb4a99682015d923f8192a27 .centered-text-area { width: 100%; position: relative ; } .u95b5d04bfb4a99682015d923f8192a27 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u95b5d04bfb4a99682015d923f8192a27 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u95b5d04bfb4a99682015d923f8192a27 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u95b5d04bfb4a99682015d923f8192a27:hover .ctaButton { background-color: #34495E!important; } .u95b5d04bfb4a99682015d923f8192a27 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u95b5d04bfb4a99682015d923f8192a27 .u95b5d04bfb4a99682015d923f8192a27-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u95b5d04bfb4a99682015d923f8192a27:after { content: ""; display: block; clear: both; } READ: Drug Abuse EssayWords/ Pages : 1,716 / 24

“Desert Places” and “Stopping by Woods on a Snowy Evening” Essay Example For Students

â€Å"Desert Places† and â€Å"Stopping by Woods on a Snowy Evening† Essay Robert Frost takes our imaginations to a journey through wintertime with his two poems â€Å"Desert Places† and â€Å"Stopping by Woods on a Snowy Evening†. Frost comes from a New England background and these two poems reflect the beautiful scenery that is present in that part of the country. Even though these poems both have winter settings they contain very different tones. One has a feeling of depressing loneliness and the other a feeling of welcome solitude. They show how the same setting can have totally different impacts on a person depending on their mindset at the time. These poems are both made up of simple stanzas and diction but they are not simple poems. In the poem â€Å"Desert Places† the speaker is a man who is traveling through the countryside on a beautiful winter eventing. He is completely surrounded with feelings of loneliness. The speaker views a snow covered field as a deserted place. â€Å"A blanker whiteness of benighted snow/ With no expression, nothing to express†. Whiteness and blankness are two key ideas in this poem. The white sybolizes open and empty spaces. The snow is a white blanket that covers up everything living. The blankness sybolizes the emptyness that the speaker feels. To him there is nothing else around except for the unfeeling snow and his lonely thoughts. The speaker in this poem is jealous of the woods. â€Å"The woods around it have it – it is theirs. † The woods symbolizes people and society. They have something that belongs to them, something to feel a part of. The woods has its place in nature and it is also a part of a bigger picture. The speaker is so alone inside that he feels that he is not a part of anything. Nature has a way of bringing all of her parts together to act as one. Even the animals are a part of this wintery scene. â€Å"All animals are smothered in their lairs,/ I am too absent-spirited to count†. The snow throws its blanket of whiteness over everything and to him it is a feeling of numbness. â€Å"The loneliness includes me unawares†. The speaker has lost his enthusiasm for life. He can not express his feelings easily because of this feeling of numbness. The speaker is also in denial about feeling alone. He is at a stage where he just does not care about too much and he is feeling a bit paranoid. â€Å"They cannot scare me with their empty space. He is saying who cares how I feel, I do not need anyone else. â€Å"I have in me so much nearer home/ To scare myself with my own desert places†. The speaker was starting to realize that he had shut himself off to the world. He recognized that this winter place was like his life. He had let depression and loneliness creep into his life and totally take over like the snow had crept up on the plain and silently covered it. If he continues to let these feelings run his life, eventually everything would be snuffed out much like the snow does to nature. Stopping by Woods on a Snowny Evening† is a much happier and more upbeat poem than â€Å"Desert Places†. This poem is about stopping to enjoy life or as the cliche goes, stopping to smell the roses. â€Å"But I have promises to keep,/ and miles to go before I sleep†. The speaker in this poem was a very busy man who always had obligations to fufill and places to go. A feeling of regret is present. The man would like to stay and enjoy this private nature scene longer but he knows that he has other things to do. Again, Frost gives us a beautiful nature scene but this time we enjoy welcome solitude. .ua142e8b73b56672dbbdf5f0948ba6862 , .ua142e8b73b56672dbbdf5f0948ba6862 .postImageUrl , .ua142e8b73b56672dbbdf5f0948ba6862 .centered-text-area { min-height: 80px; position: relative; } .ua142e8b73b56672dbbdf5f0948ba6862 , .ua142e8b73b56672dbbdf5f0948ba6862:hover , .ua142e8b73b56672dbbdf5f0948ba6862:visited , .ua142e8b73b56672dbbdf5f0948ba6862:active { border:0!important; } .ua142e8b73b56672dbbdf5f0948ba6862 .clearfix:after { content: ""; display: table; clear: both; } .ua142e8b73b56672dbbdf5f0948ba6862 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua142e8b73b56672dbbdf5f0948ba6862:active , .ua142e8b73b56672dbbdf5f0948ba6862:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua142e8b73b56672dbbdf5f0948ba6862 .centered-text-area { width: 100%; position: relative ; } .ua142e8b73b56672dbbdf5f0948ba6862 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua142e8b73b56672dbbdf5f0948ba6862 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua142e8b73b56672dbbdf5f0948ba6862 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua142e8b73b56672dbbdf5f0948ba6862:hover .ctaButton { background-color: #34495E!important; } .ua142e8b73b56672dbbdf5f0948ba6862 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua142e8b73b56672dbbdf5f0948ba6862 .ua142e8b73b56672dbbdf5f0948ba6862-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua142e8b73b56672dbbdf5f0948ba6862:after { content: ""; display: block; clear: both; } READ: Beowulf And Monster EssayThe woods are lovely, dark and deep†. This poem expresses the joy of nature. The speaker seems concerned about what the rest of society would think about him just stopping in the middle of nowhere for no apparent reason. His horse represents society. â€Å"My little horse must think it queer/ To stop without a farmhouse near†. He admits that just stopping does seem odd. He is also somewhat concerned about the man who owns the woods. The man almost feels guilty for looking so lovingly at this other man’s woods. â€Å"He will not see me stopping here/ To watch his woods fill up with snow†. I think that the speakers life may be a little better off since he stopped to take a deep breath and enjoy all that really matters, the simple things. â€Å"Stopping by Woods an a Snowy Evening† is the opposite of â€Å"Desert Places†. The settings were exactly the same; calm, dark wintery evenings, but they express totally different feelings. â€Å"Desert Places† is a very depressing poem with a dark tone. The other is very happy and it makes you wish that winter was already here. These two poems are very different but they are also the same in some ways. They show two extremes of the same emotion. Being alone can be positive or negative it just depends on the state of the mind. Loneliness can be very depressing or it can be a time to collect your thoughts without the pressures of the outside world crashing down. Winter is the perfect season to reflect upon when expressing solitude. Winter can make everything seem dead. It can be a very depressing time of year. Snow covers everything living and the cold seems to chill to the very soul at times. Winter can also be very uplifting. It can wipe the slate clean with its pureness and it can be a time of starting over. Snow’s whiteness can, in a way, blind you with its beauty and make you forget about your troubles. Winter for me is a time of silent reflection. I could sit for hours and gaze at the blowing snow. Robert Frost creates two winter scenes with different outcomes. The first, â€Å"Desert Places† is a sad poem about loneliness and lost enthusiasm. â€Å"Stopping by Woods on a Snowy Evening† is a rather uplifting poem about enjoying simple things in life. Frost seems to draw upon his experiences from living in rural New England and converts those experiences into beautiful poetry.

Cyber Security Persuasive Essay Sample - Will it Cost Money?

Cyber Security Persuasive Essay Sample - Will it Cost Money?Have you ever wondered if a cyber security persuasive essay sample is available for free? It's not difficult to find out if there is any free sample essay available. You just have to do a little bit of searching around the Internet.Now if you are trying to learn cyber security this can be a very overwhelming task. Some people who are more concerned about using it professionally, will have the exact same opinion on this topic.Of course, cyber security is a serious concern, but even if it is just for fun, you must understand how this is an easy way to prepare for the exams. If you've taken other courses that involve cyber security, and you want to save money, then this is an excellent way to go. When you're working at home, there really isn't time to spend on college courses, you may as well give this a try.It's important to take some time to think about a persuasive essay sample for cyber security. What are the types of mater ial you are going to use?A sample essay sample for cyber security should provide information on how the essay will look like. For example, you need to think about the wording and the topic of the essay.There are many different types of cyber security writing and you need to make sure that the writing style suits your needs. If you have been asked to write about public speaking, then you would need to research on public speaking and how the skills you possess can help in that area. Some types of essays are better written than others, and it is something you need to know.Using a persuasive essay sample is not always free, but there are ways to get one for free if you are willing to spend sometime doing a little research. The more time you spend doing this, the more valuable your purchase will be.