Growth for the Future: Biofuels Essay -- Economics Economy Papers

Development for the Future: Biofuels The inside ignition motor, so indispensable for supporting America's prospering economy, is inescapable in many vehicles from the best semis to the littlest economy vehicles. The burning motor is additionally a method of transportation that is loaded with issues, both costing billions of U.S. dollars to fuel and causing tremendous air contamination issues. Iowa, the country's biggest maker of corn and a main agrarian state, may have the answer for the issues brought about by the gigantic weight of fuel and diesel controlled motors, biofuel. Biofuels coming out of Iowa incorporate biodiesel, a diesel fuel added substance, and ethanol, a gas added substance. Both are privately delivered items that lessen residential reliance on unpredictable outside oil costs, decline dirtying discharges and invigorate the neighborhood economy. Each inside ignition motor is manufactured the equivalent. It is made out of a changing number of fuel-soaked gas-filled chambers called chambers. Every chamber is extended and compacted by a cylinder, driven by a pivoting arm called a driving rod. Each time the cylinder is driven into the chamber, gas inside is compacted to almost 6 to multiple times air pressure. At right now of most extreme weight, the gas immersed air is touched off by a flash and the blend actually detonates, making the gas grow quickly and power the cylinder down, at that point to return up again to rehash the process20. At the point when the cylinder is pushed down, the driving rod turns and performs work which can be tackled to drive the vehicle. This procedure, tragically, doesn't catch the entirety of the vitality contained in the gas, in certainty it just uses around one-fifth of the accessible substance energy20. Diesel motor... ...cut, A New Breed of Fuel, Canadian Business. (2002). 14Paulos, Bentham, Sustainable power source Proposals Are Inadequate, Say Environmental Groups, American Wind Energy Association. (2000). 15Stipp, David, Why Ethanol Is No Longer a Punch Line, Fortune. (2000). 16Iowa Department of Natural Resources, Energy Bureau, Switch grass and Other Energy Crops. http://www.sate.ea.us/dnr/vitality/bars/irerg/switchgrass.htm 17Economagic.com, Joblessness Rate: Iowa. http://www.economagic.com. (2003). 18Iowa Corn, Where Does America's (Iowa's) Corn Go? Educational Information. http://www.iowacorn.org/consumption.htm. (2002). 19Renewable Fuels Association, U.S. Ethanol Industry Today. http://www.ethanolRFA.org. (2002). 20Kraushaar, Jack J. furthermore, Ristinen, Robert An., Energy and the Environment, John Wiley and Sons, Inc., New York, 2002), pp. 73-77, 293-299.

A Womens Perspective of the Civil War Essay -- Women in the Civil War

For quite a while, the Civil War was the most celebrated and â€Å"cleaned with the end goal of propaganda† struggle in world history. The war was battled between praised commanders Robert E. Lee and Ulysses S. Award, whose armed forces battled for fabulous and honorable standards and were never liable of any of the deplorable atrocities executed by different militaries. The tendency to delineate the Civil War in this celebrated way fortified after some time until the way toward changing over the Civil War from terrible to a hallowed reason deliberately decimated the anguish that the war made. The war the ladies on the two sides of the contention experienced a practically identical change since it helped the casualties to remember their misery. Shockingly, a few students of history have been too stressed over remedying the disasters submitted against ladies during the Civil War to take a gander at the reasons why the war and its enduring have been sterilized. Concentrating on the woman’s perspective during the Civil War, particularly the African American woman’s perspective, implied concentrating on wretchedness. By expelling ladies from the general image of the Civil War, students of history could overlook the wretchedness and make an increasingly confirmed portrayal of the Civil War. As of not long ago, the most fundamental historiographies of Civil War ladies were made of three sections. These included Northern ladies and the enduring outcomes of their support in the Civil War; Southern ladies, their consolation or non-support of the Confederate government and military, and their obligation regarding the headway of the Lost Cause; and African American ladies, whose encounters were somewhat hard to portray for absence of individual records. In 1938, in Women’s Life and Work in the Southern Colonies †one of the... ...Chicago: University of Chicago Press, 1970. Silber, Nina. Sexual orientation and the Sectional Conflict. House of prayer Hill, NC: Univ. of North Carolina Press, 2008. Spruill, Julia Cherry. Ladies' Life and Work in the Southern Colonies. Sanctuary Hill, NC: Univ. of North Carolina Press, 1938. Cook, Jean H. Audits of Books: United States. American Historical Review 102 (1997): 191-2. DeCredico, Mary A. Scarlett Doesn't Live Here Anymore. The Alabama Review 56 (2003): 65-67. Fox-Genovese, Elizabeth. Rich White Southern Women. Nation 236 (1983): 370-2. Matthews, Jean. Adam's Rib. Canadian Review of American Studies 2 (1971): 114-124. Suggested Reading for CWTI Elementary Program Participants. Colonial Williamsburg. http://www.colonialwilliamsburg.com/History/instructing/TIParticipantGuide/Images/Recommended_Reading_Elementary_11.pdf (got to October 17, 2011).

How Dialectical Behavior Therapy (DBT) Works

How Dialectical Behavior Therapy (DBT) Works Depression Treatment Print Overview of Dialectical Behavior Therapy (DBT) By Nancy Schimelpfening Nancy Schimelpfening, MS is the administrator for the non-profit depression support group Depression Sanctuary. Nancy has a lifetime of experience with depression, experiencing firsthand how devastating this illness can be. Learn about our editorial policy Nancy Schimelpfening Medically reviewed by Medically reviewed by Steven Gans, MD on June 05, 2017 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on February 04, 2020 Kai Wiechmann / DigitalVision / Getty Images More in Depression Treatment Medication Causes Symptoms Diagnosis Types Childhood Depression Suicide In This Article Table of Contents Expand History How It Works DBT Strategies Is It Right for You? View All Back To Top Dialectical behavior therapy (DBT) is a type of cognitive behavioral therapy. Its main goals are to teach people how to live in the moment, cope healthily with stress, regulate emotions, and improve relationships with others.?? It was originally intended for people with borderline personality  disorder  (BPD) but has since been adapted for other conditions where the person exhibits  self-destructive behavior, such as  disordered eating  and  substance misuse.?? It is also sometimes used to treat post-traumatic stress disorder (PTSD). History DBT was developed in the late 1980s by Dr. Marsha Linehan and colleagues when they discovered that cognitive behavioral therapy (CBT) alone did not work as well as expected in patients with BPD. Dr. Linehan and her team added techniques and developed a treatment that would meet the unique needs of these patients.?? DBT is derived from a philosophical process called dialectics. Dialectics is based on the concept that everything is composed of opposites and that change occurs when one opposing force is stronger than the other, or in more academic termsâ€"thesis, antithesis, and synthesis.   More specifically, dialectics makes three basic assumptions:?? All things are interconnected.Change is constant and inevitable.Opposites can be integrated to form a closer approximation of the truth. In DBT, the patient and therapist are working to resolve the seeming contradiction between self-acceptance and change in order to bring about positive changes in the patient. Another technique offered by Linehan and her colleagues was validation. Linehan and her team found that with validation, along with the push for change, patients were more likely to cooperate and less likely to suffer distress at the idea of change. The therapist validates that the persons actions make sense within the context of their personal experiences without necessarily agreeing that they are the best approach to solving the problem. How It Works DBT has now evolved into a standard type of cognitive behavioral therapy. When a person is undergoing DBT, they can expect to participate in three therapeutic settings:  ?? A classroom where a person is taught behavioral skills by doing homework assignments and  role-playing  new ways of interacting with people. Typically, the class meets for two to three hours on a weekly basis.Individual therapy with a trained professional where those learned behavioral skills are adapted to the persons personal life challenges. (Running concurrently with the classroom work, individual therapy sessions usually last for 60 minutes, once a week.)Phone coaching in which a person can call their therapist in between sessions to receive guidance on coping with a difficult at-the-moment situation. In DBT, individual therapists also meet with a consultation team to help them stay motivated in treating their patients and help them navigate difficult and complex issues. While each therapeutic setting has its own set structure and goals, the following characteristics of DBT are found in group skills training, individual psychotherapy, and phone coaching:?? Support: Youll be encouraged to recognize your positive strengths and attributes and develop and use them.Behavioral: Youll learn to analyze any problem or destructive behavior patterns and replace them with healthy and effective ones.Cognitive: Youll focus on changing thoughts or beliefs and behavior or actions that are not effective or helpful.    Skill sets:  You’ll learn new skills to enhance your capabilities.Acceptance and change: You’ll learn strategies to accept and tolerate your life, emotions, and yourself as well as skills to help you make positive changes in your behaviors and interactions with others.Collaboration:  Youll learn to communicate effectively and work together as a team (therapist, group therapist, psychiatrist). DBT Strategies People undergoing DBT are taught how to effectively change their behavior using four main strategies.?? Core Mindfulness Mindfulness skills, which is perhaps the most important strategy in DBT, teaches you to focus on the present or “live in the moment.” By doing so, you can learn to pay attention to whats going on inside of you (thoughts, feelings, sensations, impulses) as well as whats outside of you (what you see, hear, smell, and touch). These skills will help you to slow down so you can focus on healthy coping skills in the midst of emotional pain. Mindfulness can help you to stay calm and avoid engaging in automatic negative thought patterns and impulsive behavior. Sample Exercise: Observe Mindfulness Skill Pay attention to your breath. Take note of the sensation of inhaling and exhaling, observing your belly rise and fall as you breathe. Distress Tolerance Distress tolerance teaches you to accept yourself and the current situation. More specifically, you learn how to tolerate or survive crises using four techniques: distraction, self-soothing, improving the movement, and thinking of pros and cons.  By learning distress tolerance techniques, youll be able to prepare in advance for any intense emotions and cope with them with a more positive long-term outlook. Sample Exercise: Putting Your Body in Charge Run up and down the stairs. If youre inside, go outside. If youre sitting, get up and walk around. The idea is to distract yourself by allowing your emotions to follow your body. Interpersonal Effectiveness Interpersonal effectiveness helps you to become more assertive in a relationship (for example, expressing needs and saying no) while still keeping that relationship positive and healthy. This happens by learning to listen and communicate effectively, deal with difficult people, and respect yourself and others. Sample Exercise: GIVE Use the acronym GIVE to improve relationships and positive communication:Gentle: Dont attack, threaten, or judgeInterest: Show interest with good listening skills (dont interrupt to speak)Validate: Acknowledge the persons thoughts and feelingsEasy: Try to have an easy attitude (smile and stay light-hearted) Emotion Regulation Emotion regulation provides a set of skills that help to keep your emotional system healthy and functioning. It teaches you to adjust your emotions, including the intensity, when you have it, and how you react to it. By recognizing and coping with negative emotions (for example, anger), you can reduce your emotional vulnerability and have more positive emotional experiences. Sample Exercise: Opposite Action Identify how youre feeling and do the opposite. If youre sad and feel like withdrawing from friends and family, do the opposite. Make plans to see family and friends and stay social. Is DBT Right for You? While the majority of research to date has focused on the effectiveness of DBT for people with borderline personality disorder, as well as co-occurring thoughts of suicide and self-harm, post-traumatic stress disorder, and substance use disorders, ??DBT has also been shown to work for a variety of mental health conditions including:?? Attention-deficit/hyperactivity disorder (ADHD)Binge eating disorderBipolar disorderBulimiaGeneralized anxiety disorderMajor depressive disorder (including treatment-resistant major depression and chronic depression)Post-traumatic stress disorderSubstance use disorderSuicidal and self-harming behavior Researchers have also found that DBT is effective regardless of age, sex, sexual orientation, and race/ethnicity.?? The best way to figure out if DBT is right for you is to talk with a mental health professional, who will evaluate your symptoms, treatment history, and therapy goals to determine the best next step. A Word From Verywell If you believe that you or a loved one may benefit from DBT, please seek guidance from a doctor or healthcare professional trained in this treatment approach. DBT therapists arent always easy to locate. How to Find Dialectical Behavior Therapy for BPD Near You You can begin your search with the  Clinical Resource Directory  maintained by Behavioral Tech, an organization founded by Dr. Linehan, to train mental health professionals in DBT. This directory allows you to search by state for clinicians and programs that have gone through DBT training with Behavioral Tech, LLC, or the Behavioral Research and Therapy Clinics at the University of Washington. Another option is to ask your physician, therapist, or psychologist to refer you to someone who specializes in DBT. Try DBT With an Online Therapist

The Fundamental Goal Of Buddhism - 1543 Words

The first of the Four Noble Truths in Buddhism is that life as we know it is unsatisfactory. Life is filled with suffering; there is pain, old age, sickness and death. Nothing in the world is permanent, or able to provide substantial satisfaction. This might seem like a very cynical outlook, but the three remaining truths explain the cause of suffering and how it can be overcome. In Buddhist doctrine, the key to overcoming suffering is to follow the Noble Eightfold Path. The first step of the Eightfold Path is to see the world in the right way.1 Seeing the world in the right view is the key to understanding and relieving suffering. The fundamental goal of Buddhism is to follow the Eightfold path to reach a state of nirvana, or peace of†¦show more content†¦Instead, the brain is plastic, and our quota of happiness can be enhanced through mental training.4† He is saying that happiness is determined by the way an individual views the world. The brain is not set in its way of preserving emotion, and with practice, the brain can be molded to allow constructive emotions to enrich the mind. This idea of brain training is located at the core of meditation, and used as a way of fulfilling the Nobel Eightfold Path. Allan Wallace, one of the attendees of the conference, has studied at Buddhist monasteries for many years, and has taught Buddhist theory and practice across the world. During the conference Wallace, stated â€Å"When it comes not just to understanding mental affliction and how to grapple with those, but also how to move into exceptional states of mental health, Buddhism has an enormous amount to offer the West.3† Mental illness is the result of allowing destructive emotions to control balance in the brain. According to the Dalai Lama, emotions become destructive the moment they disrupt the mind’s equilibrium. Destructive emotions can be everything from low self-esteem to overconfidence. Constructive emotions would be things such as self-respect, integrity, compassion, and love. However, even constructive emotions can turn destructive if they cause imbalance in the brain. For example, if love weighs heavily in an individual’s life it creates attachment. When the things the individual loves are

Sigmund Freud s Freudian Theory - 1016 Words

Freudian Development Sigmund freud, a physician at the time, created the theory based on an author’s perception in life toward his or her literary work. The freudian, or psychoanalytic theory is one of many, but is one of the most common when criticizing a literary work. Sigmund Freud’s psychoanalytic theory applies the contributions of the unconscious memories, the Oedipus and Elektra complexes, and the three levels of consciousness toward an author’s work. One of Freud’s key elements toward his way of criticism was the the effect of past experiences on the conscious and unconscious mind. It’s best explained in Thornton’s article when he asserts, â€Å"†¦when a hysterical patient was encouraged to talk freely about the earliest occurrences of†¦show more content†¦The first stage, or the oral stage, involves the security and feeding provided to the infant by it’s mother. This stage determines one’s â€Å"capacity to form emotional bond,† and these unattended needs during this stage result in a â€Å"severely impaired† oral stage during one’s adult life (Mitchell). This is then followed by the anal stage, when defection and urination of the growing infant require attention. This stage is summarized by Mitchell when he writes, â€Å"†¦when the child begins to realize that it is a pleasurable experience to manipulate particular areas of the body, such as the mouth, the anus and the genitals.† As a teenager humans then develop and enter the phallic stage, which involves the discovery of self pleasure. Gaining a deeper understanding of our sexuality, we then reach the Latency stage, where we find sexual attractions toward certain objects. It is then left to the final stage, or the genital stage, where humans develop a general familiarity with his or her genitals, along with the feelings that become associated. This can often be found within authors that lack thes e body stages when he or she is developing, because the events or relationships between characters in that particular author’s literary piece. The role in human development extends even further with the Oedipus and Elektra complexes. Oedipus refers to young males, and how the sexual attraction toward his mother

Fill in the Blank Summer Final Exam Free Essays

Sociology 101 Fill in the Blank Summer Final Exam Directions: This 50 question exam covers Chapters 1 through 15 and is due no later than noon Friday, 7/29. Each question is worth 3 points for a total of 150 points for this exam. There could be as many as 3 words necessary for the answer. We will write a custom essay sample on Fill in the Blank Summer Final Exam or any similar topic only for you Order Now The answer will be counted incorrect if all words are not exact and spelled correctly. This is an open book exam, but please do not share answers with your classmates. Remember that the integrity of the learning environment requires our honesty. Provide the number and the answer only and post in the message box located below these questions. Be sure to click on Submit when finished. 1. The ability to see how our personal troubles are connected to public issues and social structures is called the sociological imagination. 2. Structural functionalism addresses the question of social organization or structures of society and how it is maintained or functions. 3. Value-free sociology concerns itself with establishing what is, not what ought to be. 4. Empirical research is research based on systematic, unbiased examination of evidence. 5. Manifest functions or dysfunctions are consequences of social structures that are intended or recognized. . Conflict theory addresses the points of stress and conflict in society and the ways in which they contribute to social change. 7. Symbolic interaction theory addresses the subjective meanings of human acts and the processes through which people come to develop and communicate shared meanings. 8. The experiment is a method of research strategy in which the researcher manipulates indepen dent variables to test theories of cause and effect. 9. Social-desirability bias is the tendency of people to color the truth so that they sound more desirable and socially acceptable than they really are. 0. Replication is the repetition of empirical studies by another researcher or with different samples to see if the same results occur. 11. Content analysis refers to the systematic examination of documents of any sort. 12. The way of life shared by members of a community that includes language, values, symbolic meanings, technology and material objects is called culture. 13. Ethnocentrism is the tendency to judge other cultures according to the norms and values of our own culture. 14. Cultural relativity requires that each cultural trait be evaluated in the context of its own culture. 5. Cultural diffusion is the process by which aspects of one culture or subculture are incorporated into another. 16. Norms associated with fairly strong ideas of right and wrong that carry a moral connotation are called mores. 17. Counterculture are groups whose values, beliefs, interests, and lifestyles conflict with those of the larger culture. 18. Assimilation is the process through which individuals learn and adopt the values and social practices of the dominant group, sometimes giving up their own values in the process. 19. When one part of culture (usually technology) changes more rapidly than another, sociologists call this cultural lag. 20. The process of learning the roles, statuses, and values necessary for participation in social institutions is called socialization. 21. The process of learning to view ourselves as we think others view us is called the looking-glass self. 22. Primary socialization is personality development and role learning that occurs during early childhood. 23. An institution is an enduring social structure that meets basic human needs. 24. Dramaturgy is a version of symbolic interaction that views social situations as scenes manipulated by the actors to convey the desired impression to the audience. 25. The norm of reciprocity is the expectation that people will return favors and strive to maintain a balance of obligation in social relationships. 26. McDonaldization is the process by which the principles of the fast-food restaurants–efficiency, calculability, predictability, and control—are coming to dominate more sectors of American society. 27. Anomie is a situation in which the norms of society are unclear or no longer applicable to current conditions. 8. Differential association theory says that people learn to be deviant when more of their associates favor deviance than favor conformity. 29. Stratification is the institutionalized pattern of inequality in which social statuses are ranked on the basis of their access to scarce resources. 30. The world-systems theory is a conflict perspective of the ec onomic relationships between developed and developing countries, the core and peripheral societies. 31. Environmental racism refers to the disproportionately large number of health and environmental risks that minorities face daily in their neighborhoods and workplaces. 2. Double jeopardy means having low status on two different dimensions of stratification. 33. Sexism is a belief that men and women have biologically different capacities and that these form a legitimate basis for unequal treatment. 34. The manufacturers of illness are groups that promote and benefit from deadly behaviors and social conditions. 35. Marriage is an institutionalized social structure that provides an enduring framework for regulating sexual behavior and childbearing. 36. Propinquity is spatial nearness. 7. Exogamy means choosing a mate from outside one’s own racial, ethnic, or religious group. 38. The hidden curriculum is the underlying cultural messages that schools teach to socialize young peop le into obedience and conformity. 39. Tracking occurs when evaluations made relatively early in a child’s career determine the educational programs the child will be encouraged to follow. 40. Secularization is the process of transferring things, ideas, or events from the sacred realm to the nonsacred, or secular, realm. 41. The Protestant Ethic refers to the belief that work, rationalism, and plain living are moral virtues, whereas idleness and indulgence are sinful. 42. Authoritarian systems are political systems in which the leadership is not selected by the people and legally cannot be changed by them. 43. The power elite comprises the people who occupy the top positions in three bureaucracies—the military, industry, and the executive branch of government—and who are thought to act together to run the United States in their own interests. 44. Capitalism is the economic system based on competition, in which most wealth (land, capital, and labor) is private property, to be used by its owners to maximize their own gain and profit. 45. Socialism is an economic structure in which productive tools (land, labor, and capital) are owned and managed by the workers and used for the collective good. 46. Alienation occurs when workers have no control over the work process or the product of their labor. 47. Collective behavior is spontaneous action by groups in situations where cultural rules for behavior are unclear. 48. A social movement is an ongoing, goal-directed effort to fundamentally challenge social institutions, attitudes, or ways of life. 49. Relative-deprivation theory argues that social movements arise when people experience an intolerable gap between their expectations and the rewards they actually receive. 50. Frame alignment is the process used by a social movement to convince individuals that their personal interests, values, and beliefs are complementary to those of the movement. Instructions: Enter or paste your written work and/or click â€Å"Attachments† to upload your files. How to cite Fill in the Blank Summer Final Exam, Papers

Internet Use Policy at Fairleigh Dickinson University

Fairleigh Dickinson University’s Internet use Policy As is the case in other educational institutions, Fairleigh Dickinson University (FDU) has developed comprehensive Internet use policy with regard to intellectual property rights, monitoring and filtering systems, as well as end user training program related to internet use/abuse.Advertising We will write a custom essay sample on Internet Use Policy at Fairleigh Dickinson University specifically for you for only $16.05 $11/page Learn More In intellectual property rights, FDU has developed an elaborate policy against copyright infringements and plagiarism, not mentioning that it runs all of its programs on genuine and copyrighted software. FDU notes that the rights to ownership of online course content, along with patentable innovations, are governed by the copyright law and thus cannot be dispensed using a policy document (Fairleigh Dickinson University). Course developers (e.g., professors, tut ors, administrators) should take into account that as per the copyright law, copyrightable educational and/or instructional content developed as part of a person’s normal work obligations is deemed to be â€Å"work for hire†, and hence entirely owned by the employing institution. Nonetheless, if the course developer expects that the course material will be used for profitable gain, he or she is encouraged to sign a contract with FDU to minimize the likelihood that ownership disagreements will arise in the future (Fairleigh Dickinson University). Moving on, FDU has installed filtering and monitoring systems against some peer-to-peer applications (e.g., Aimster, Audiogalaxy, DirectConnect, and Napster), not only to minimize the impact of their interference with the institution’s core educational mission, but also to spur network performance by freeing up internet bandwidth, reduce internet costs, and minimize legal complaints generated by the misuse of online appl ications. FDU’s Acceptable Use Policy disallows Internet users from running software programs (e.g., Napster and DirectConnect) containing server components that permit external users to connect to the university’s system and retrieve documents off the system. In its policy document, FDU argues that file sharing software must be prohibited not only because of the legal ramifications involved in sharing copyrighted material, but also due to high exposure to security vulnerabilities (Fairleigh Dickinson University).Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More Lastly, FDU does not offer an end-user training plan related to Internet use and/or abuse; however, it has developed an explicit set of rules for acceptable use that should govern those who make use of its computing environment to act in a way consistent with written conventions of conduct. For instance, users must: be responsib le for any computer account given, ensure that their passwords are not easily guessed or shared with other people, not deliberately seek out information about, copy, or amend password files, not endeavor to decrypt material to which they are not entitled, or endeavor to gain rights that have not been exclusively granted by the owner, refrain from any activity or process that interferes with a computer’s operating system or its logging and security features, be sensitive to the public nature of the university’s computer systems and agree not to transmit, post or otherwise exhibit material that is intimidating, obscene, irritating or derogatory (Fairleigh Dickinson University). Issues in Personal use of Computers during Working Hours With personal computers and the Internet now embedded into nearly every aspect of the organizational environment, businesses and institutions are increasingly conscious of the Internet abuse issues raised by workers utilizing the omnipresen t technology to perform personal online dealings during work hours (Siau et al 75). However, it has dawned on employers that regulating the use of internet in the workplace is a challenging endeavor, both in law and practice (Lugaresi 163). This section assesses some issues related to the personal use of the internet by employees during office hours. Personal exploitation of the Internet and other online resources during work hours raises grave ethical/moral as well as legal concerns. In discussing the ethical issues, it is imperative to note that personal use of the Internet broadens the ideological divergence between the employer and the worker, which is further polarized by the contrast between economic freedoms of the employer and primary personal rights of the worker (Lugaresi 163). Ethically speaking, however, various regulatory bodies acknowledge that â€Å"†¦the public consciousness sees the Internet as a vital, inescapable means of communication, information and expre ssion, and a place where one can interact with others, do business, establish relationships and, in other words, live† (Lugaresi 164).Advertising We will write a custom essay sample on Internet Use Policy at Fairleigh Dickinson University specifically for you for only $16.05 $11/page Learn More Using this lens of assessment, it seems neither reasonable, nor correct, to deprive workers of personal use of the Internet. But it is also not morally correct for employees to continue drawing salaries from the employer if they spend considerable work hours surfing the internet for personal gain. These paradoxical standpoints call for moderation of personal use of the Internet during work hours by allowing the employer’ surveillance in order to minimize abuses (Lugaresi 165). In terms of legal issues, it is important to note that personal use of the Internet during work hours can expose employers to potential lawsuits by virtue of the fact that some employees engage in illegal activities using the employer’s web resources (Lugaresi 164). A sizeable number of employers in the United States have been held liable by the criminal justice system for engaging in illegal activities, such as defamation, sexual harassment, and copyright infringements (Young 35). The employers did not individually engage in these violations in law; rather their employees did using organizational resources at their disposal. The legal violations arising from the personal use of the Internet by employees during work hours are often a costly affair for the organization, with available literature demonstrating that copyright infringements have caused many businesses to go under (Lugaresi 169). In quality of work, it has been noted in the literature that â€Å"†¦computers have undoubtedly changed the way people work, but they have also changed the way people avoid and sabotage work† (Mastrangelo et al 730). Employees are distracted from th eir core work when they visit gambling and pornographic sites, implying that the quality of work is compromised because they are slow to respond to customer demands, unable to meet set timelines, and fail to complete tasks (Young 34)Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More In terms of productivity, it is obvious that workers are paid by their respective organizations under the expectations of being productive, but they certainly deviate from the work norms and become unproductive when they start using employer resources, including the Internet, for personal gain and/or non-work purposes (Mastrangelo et al 731). It is imperative to note that personal use of the internet during work hour not only occasion organizational inefficiency due to constricted bandwidth and poor network performance, but can also result in legal liability due to illegal access to copyrighted material (Lugaresi 169). Uninhibited access to the Internet by employees not only leads to a drain on time and budgetary allocations within organizations, but it also hurts their reputation for quality and service, thus the need for regulation and monitoring (Young 34). Websites visited for Non-Work related Purposes The websites mostly visited for non-work-related study include  https://www .chess.com/ (for playing chess online) and  https://finance.yahoo.com/ (to monitor stocks). Works Cited Fairleigh Dickinson University 2012. Web. Lugaresi, Nicola. â€Å"Electronic Privacy in the Workplace: Transparency and Responsibility.† International Review of Law, Computers Technology. 24.2 (2010): 163-173. Business Source Premier. Web. Mastrangelo, Paul M., Windi Everton and Jeffery A. Jolton. â€Å"Personal use of Computers: Distrctaction versus Destruction.† CyberPsychology Behavior. 9.6 (2006): 730-741. Business Source Premier. Web. Siau, Keng, Fiona Fui-Hoon Nah and Limei Teng. â€Å"Acceptable Internet use Policy.† Communications of the ACM. 45.1 (2002): 75-79. Business Source Premier. Web. Young, Kimberly. â€Å"Killer Surf Issues: Crafting an Organizational Model to Combat Employee Internet Abuse.† Information Management Journal. 44.1 (2010): 34-38. Academic Search Premier. Web. This essay on Internet Use Policy at Fairleigh Dickinson University was written and submitted by user Jorge Winters to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Italian Prepositions, Preposizioni in Italiano

Italian Prepositions, Preposizioni in Italiano Prepositions are invariable words that serve to link and connect parts of a sentence or clause: vado a casa di Maria; or to join two or more clauses: vado a casa di Maria per studiare. The example illustrates the funzione subordinante (subordinate function) of prepositions that introduce a complement of the verb, either of the noun or the entire sentence. In particular: the prepositional group a casa depends on the verb vado, of which it is a complement; the prepositional group di Maria depends on the noun casa, of which it is a complement; the prepositional group per studiare is the final implicit clause (corresponding to an ending clause: per studiare), which depends on the primary clause vado a casa di Maria. In the transition from the single clause vado a casa di Maria to the two-clause sentence vado a casa di Maria per studiare, a functional analogy can be defined between the preposizioni and congiunzioni subordinative. The first introduce an implicit subject (that is, with a verb in an indefinite mood): digli di tornare; the latter introduces an explicit subject (that is, with a verb in a definite mood): digli che torni. The statistically most frequent prepositions are: di (can be elided before another vowel, especially before an i: dimpeto, dItalia, dOriente, destate)a (the term ad is used, with la d eufonica, before another vowel, in particular before an a: ad Andrea, ad aspettare, ad esempio) Simple Prepositions The following prepositions are listed by frequency of use: da, , con, su, per, tra (fra). Di, a, da, in, con, su, per, tra (fra) are called simple prepositions (preposizioni semplici); these prepositions (except tra and fra), when combined with a definite article, give rise to the so-called prepositional articles (preposizioni articolate). The high frequency of these prepositions corresponds to the variety of meanings they express, as well as the wide range of connections that can be made between the parts of the phrase. The specific value that a preposition such as di or a takes in diverse contexts is understood only in relation to the words with which the preposition is grouped, and changes according to the nature of them. In other words, the only way for a non-native Italian to understand how Italian prepositions are used is to practice and become familiar with the many different patterns. This multiplicity of functions at the semantic and syntactic level is manifested, in fact, with a particular emphasis in ambiguous contexts. Consider, for example, the preposition di. The prepositional phrase lamore del padre, depending on the context, can be labeled either a complemento di specificazione soggettiva or a complemento di specificazione oggettiva. The term is equivalent to either il padre ama qualcuno (the father loves someone) or qualcuno ama il padre (someone loves his father). Abandon All Hope, Ye Who Study Prepositions A historical example of ambiguity occurs in Dantes famous expression perdere il ben dellintelletto (Inferno, III, 18), which has become proverbial in the sense of lose the good that is the intellect, lose reasoning. Dante was referring instead to the souls of Hell, and intended ben dellintelletto in the sense of the good of their own intellect, that which is good for the intellect, that is, the contemplation of God, excluding the damned. A different interpretation of the prepositional article dell profoundly changes the overall meaning of the phrase.

How to Use Dialogues in Class

How to Use Dialogues in Class Its easy to get stuck in a rut when using dialogues in class, but these teaching tools are full of potential. Here are some activities that use dialogue beyond just rote reading and parroting.   Use Dialogues to Practice Stress and Intonation Dialogues can come in handy when working on stress and intonation. Students move beyond focusing on single phonemic pronunciation issues and concentrate instead on bringing the right intonation and stress to larger structures. Students can play with meaning through stress by creating dialogues that focus on stressing individual words to clarify meaning. Use dialogues that students are familiar with so that they can focus on pronunciation rather than vocabulary, new forms, etc.Introduce students to the concept of using stress and intonation to highlight content words while brushing over function words.Ask students to highlight their dialogues by marking the content words in each of their lines.Students practice the dialogues together focusing on improving their pronunciation through stress and intonation. Base Impromptu Skits on Dialogues One of my favorite uses of shorter language function dialogues (i.e. shopping, ordering in a restaurant, etc.) for lower levels is to extend the activity by first practicing dialogues, and then asking students to act out dialogues without any help. If you are practicing a number of dialogues, you can add an element of chance by having students pick their target situation out of a hat. Provide numerous short situational dialogues for a target linguistic function. For example, for shopping students can practice exchanges of trying on clothing, asking for help, asking for a different size, paying for items, asking for a friends advice, etc.Have students practice each situation multiple times.Write each situation on a small piece of paper.Students choose a situation randomly and act it out on the spot without any dialogue cues. Extend Dialogues to full Blown Productions Some situational dialogues just call out for full blown productional values. For example, when practicing modal verbs of deduction using a dialogue to make suppositions about what might have happened makes a perfect scenario for practice. Students can begin with a dialogue to get the gist of a scenario, and then let their imaginations take over. Introduce target structure in class. Good structures for longer skits include: conditional forms, reported speech, modal verbs of deduction, speculating about the future, imagining a different past (past modal verbs of deduction).Provide a dialogue with targeted structure as inspiration.Divide the class up into smaller groups, each in the group should have a role.Using the dialogue as a model, students should create their own longer multiple person skit.Students practice and then perform for the rest of the class. Paraphrase Dialogues Paraphrasing dialogues can help students focus on related structures. Begin slowly by asking students to substitute or paraphrase shorter forms. End with more extended dialogues. Provide short dialogues to students and ask them paraphrase shorter phrases. For example, if the dialogue asks for suggestions with a phrase such as Lets go out tonight, students should be able to come up with Why dont we go out tonight, How about going out for a night on the town, etc.Hand out a few different dialogues, ask students to read the dialogue and then create another dialogue on the fly without using the same exact words. Students can take a look at the original lines, but must use other words and phrases.Ask students to read a dialogue to another pair. This pair in turn attempts to repeat the dialogue through paraphrase. As a variation to this exercises for lower level classes, students can expand their use of a wider variety of vocabulary and expressions by using gap fill dialogues. Students still have the structure of the dialogues to hold on to, but must fill in the gaps for the dialogues to make sense.

Moral Management Research Paper Example | Topics and Well Written Essays - 2000 words

Moral Management - Research Paper Example This paper discuses the concept of moral management in the current business world. Vogel (2005: 51) argues that the objective of management â€Å"is to offer direction, develop commitment, facilitate change and achieve results through creative, effective and responsible use of people and other resources†. Morals on the other hand deal with personal or organizational behavior or a belief regarding what is acceptable or not suitable to do or engage in. In this case, moral management in business organizations and in the society entails the deliberate engagement of people to perform particular tasks that are morally acceptable in the organization. Morals and ethical standing of an organization determines how the public perceives it (Vogel, 2005). For long period, the public gauges the moral standards of an organization using honesty and ethical elements of its management. In this regard, businesspersons are ranked differently depending of there area of specialization or engagement . Aguilar (1994) lists several business professionals that have consistently been ranked low by the public in the last four decades. These include stockbrokers, contractors, car salespersons, advertisement practitioners, insurance agents in addition to real estate agents. The moral and ethical standings of the practitioners who engage in these lines of business in the public view have lower ethical standings compared with other professions including teaching or medicine. Irrespective of the line of the business, that a person or an organization is engaged in, it is important to entrench pragmatic moral practices in order to gain public confidence in the organization that would in turn enhance its performance. In the current competitive and challenging business environment, Baron (2001) notes that customers are more aware of their rights and loyalty to a particular brand or an organization is not enough to maintain them. In view of the current highly globalized world, the issue of bu siness ethics and morality is no longer confined in a particular geographical region. The widespread application of information technology, World Wide Web, electronic commerce, in addition to social networking sites have suddenly exposed small and large enterprises to global scrutiny and this trend underlies the importance of moral management. Similarly, the emerging technology in other aspects of human existence, such as medicine and biotechnology continues to elicit many ethical and moral issues in respect to their application, regardless of the benefits that they offer to humanity. To address these issues in view of globalization and developing technologies, it is important to look at the enduring management practices, their challenges in the business environment and how they need to change to address the merging business moral management issues. In this regard, it is important to investigate moral, immoral and amoral management in order to make a clear distinction among them. Ba ron (2001) argues that immoral management established the foundation of the business ethics discipline. According to Brekke and Karine (2003), unethical and immoral practices in an organization are identical. In this regard, they define immoral management as an organizational practice that not only lacks ethical principles but also in opposition to what is just or right. Therefore, immoral management

Amy Cuddy, TedTalk Assignment Example | Topics and Well Written Essays - 500 words

Amy Cuddy, TedTalk - Assignment Example Can you really fake it till you make it? This is true to some extent as it depends on the person and their motivation to achieve what they want. Actually what our body experiences can change what we think in our minds resulting in a change in our behaviors. The moment our behaviors change, the outcome is likely to be the ones we desire. There is so much faking that takes place in the business field. Most of the time people say some things about themselves that would be viewed as pure fiction. This practice is common among the entrepreneurs. People tend to exaggerate their experience, knowledge, compensation and accomplishments. They associate themselves with success in every area of their lives. They go to the extent of posting some of these online for the general public to read. These are made up allegations since they never have hard evidence to support whatever it is they write about. Some of these people actually end up achieving some of the things they fake if they focus very well. Fake it till you make it worked for my brother. When we were young he used to make toy cars and drive them around the neighborhood. He used to imitate the engine using his mouth. He would say that he had a real car that could take him where he wanted to go. The moment he got employed, he bought a car with the same model as the toys he used to

The Nature And Role Of The Financial System Finance Essay

The Nature And Role Of The Financial System Finance Essay Financial system is a mechanism where economic exchange activities can be done. The economic activities can be done through the interaction between financial institutions and the financial market. The purposes of this interaction are to mobilize fund and providing payment facilities for the financing of commercial activities. With the emergence of Islamic finance, the dual financial systems being introduce. In dual financial system the conventional financial systems operating side by side with the Islamic financial systems. The Islamic Financial system consists of the role of four essential mechanisms: The Islamic banking institutions, Takaful, Islamic Capital Market and Islamic Money market. The structure of this financial system may consist of specialized and non-specialized financial institutions, of organized and unorganized financial markets, of financial instruments and services which facilitate transfer of funds. It also comprises of procedures and practices adopted in the Islamic financial markets. The operation and mechanism of the financial system is scrutinized by Bank Negara Malaysia advisory board and Securities Commission Syariah Advisory Board to ensure compliance of Islamic rules and regulations. The Islamic financial institutions which are govern and control under Bank Negara Malaysia are the organizations that mobilize the depositors savings, and provide financing, acting as creditor or in the form of capital venture or financing in the form of profit and loss sharing (PLS). They also provide various financial services to the community, particularly business organizations. The activities will be dealing in financial assets such as deposits, loans, securities or dealing in real assets such as machinery, equipment, stocks of goods and real estate. The activities of different financial institutions may be either specialized or their function may be overlap. They may be classified base on the basis of their primary activity or the degree of their specialization with relation to savers or borrowers with whom they customarily deal or scope of activity or the type of ownership are some of the criteria which are often used to classify a large number and variety of financial institu tions which exist in the economy. Financial institutions are divided into banking and non-banking institutions. The banking institutions traditionally participate in the economys payments mechanism, i.e., they provide transactions services, their deposit liabilities constitute a major part of the national money supply, and they can, as a whole, create deposits or credit, which is money and Banks, subject to legal reserve requirements, can advance credit by creating claims against themselves. Financial institutions are also classified as intermediaries and non-intermediaries. As the term indicates, intermediaries intermediate between savers and investors; they lend money as well as mobilize savings; their liabilities are towards the ultimate savers, while their assets are from the investors or borrowers. Non-intermediary institutions do the loan business but their resources are not directly obtained from the savers. All banking institutions are intermediaries. Many non-banking institutions also act as intermediaries) and when they do so they are known as Non-Banking Financial Intermediaries. The Evolution of Financial Intermediaries in Malaysia In this section, our task is to survey the landscape and identify the institutional players. By describing what financial intermediaries look like today, it is also revealing to see how financial intermediaries have evolved over the last century. Institutional Players The banking system in Malaysia, which is the major component of the financial sector, consists of Bank Negara Malaysia, commercial banks, Islamic banks, International Islamic banks, Investment bank, other non bank institutions and money brokers. Which are all regulated and supervised by Bank Negara Malaysia.  Ã‚  Ã‚  The other non-bank institutions are supervised by other government agencies. These institutions can be divided into four major groups, consisting of the development finance institutions, the saving institutions, the provident and pension funds, and a group of other financial intermediaries, comprising of building societies, unit trusts and property trusts, leasing companies, factoring companies, credit token companies, venture capital companies, special investment agencies and several financial institutions such as the National Mortgage Corporation (Cagamas) and Credit Guarantee Corporation. The traditional banking system role has been to make long-term loans and fund them by issuing short-term deposits.  [1]  But banking systems are prohibited from engaging in securities market activities such as securities underwriting or the sale of trust funds. Therefore, the current design of non-bank financial institution are allowed to deal in the securities market a part of providing services which are similar to the banking system. The contribution of each non-bank financial institutions: insurance companies and pension funds; they receive investment funds from their customers, both of these institutions place their money in a variety of money-earning investments. Leasing companies; they purchase equipment/asset and then lease to businesses for a set number of years. Factoring companies; provide specialized forms of credit to businesses by making loans and purchasing accounts receivable at a discount, usually assumes responsibility for collecting the debt, specialize in bill processing and collections and to take advantage of economies of scale. Market makers; as an agent that offer to buy or sell security (trading in securities),  [2]  storage the securities and insured the securities against loss, provide margin credit,  [3]  cash management account services.  [4]   Trust funds; pool the funds of many small investors and purchase large quantities of securities, offer a wide variety of funds designed to appeal to most investment strategies, allow the small investors to obtain the benefits of lower transaction costs in purchasing securities and reduce the risk by diversifying the portfolio. The National Mortgage Corporation; is to promote the secondary mortgage market in Malaysia, with the issuance of secondary mortgage securities, Cagamas Berhad performs the function of an intermediary to bring together the primary lenders of housing loans and investors of long-term funds. Evolution The evolution of financial intermediation in Malaysia is reflected in Table 1. Table 1 shows the major financial intermediaries by assets and also by percentage share (in parentheses) from 1960 to 2000. To the extent that we can view the pace of financial intermediation as a horse race, there seem to be a clear winners and losers. For example, in terms of relative importance the winners are unit trust, Cagamas Berhad, leasing companies, factoring companies and venture capital companies. Commercial banks and finance companies are losers. These findings raise some interesting questions. First, what caused the change in the mix of financial intermediaries? In this section, we will examine this evolutionary process via three factors. Deregulation of Interest Rate Interest rate deregulation that affects loan pricing takes its earliest form.  [5]  Canada, in 1960, was the first to deregulate its interest rate. Other countries deregulated in the 1980s or thereafter.  [6]  This deregulation allows more freedom and activity to the banks and other institutions to issue new depository products as well as diversified short and long term credit instruments.  [7]  Leightner and Lovell (1998) state that some relaxation to the banks portfolio were part of the liberalization that enables bank to diversify investment to private as well as the foreign equity.  [8]  This made possible with the establishment of the foreign exchange market and the expansion of the underwriting activities of the financial intermediaries. Liberalization in Japan and Germany for instance, brings new paradigm to the roles of the banking institutions. The bank in Germany and Japan is no longer to be a creditor, but can also be the equity holder and in the board of d irectors and management. Liberalization of the banking industry, for example in Malaysia and some other countries, take banking institution into a new dimension that is the establishment of Islamic banking.  [9]  The increasing demand on the interest free banking offer by the Islamic financial institutions leads many conventional banks to offer Islamic counter or rather known as dual banking. This development happens to Muslim and non-Muslim countries. The results show that the individuals prefer to diversify their investment other than deposits. In particular, they invest in securities such as stocks, bonds and unit trusts. Therefore, new investment in unit trust for the small saver altered permanently the financial landscape. The Institutionalization of Financial Markets Institutionalization refers to the fact that more and more funds in Malaysia have been flowing indirectly into the financial markets through financial intermediaries, particularly pension funds, trust funds and insurance companies rather than directly from savers. As a result, these institutional players have become much more important in the financial markets relative to individual investors. What caused institutionalization? Quite simply, it was driven by the growth of these financial intermediaries, particularly pension and unit trust.  [10]  Pension fund growth was encouraged by government policy. Tax laws, for instance, encourage employers to help their employees by substituting pension benefits for wages. This is good for employees because they do not pay taxes on their pension benefits until they are received after retirement. Unit trusts gained considerably from these changes in pension plan laws. Defined contribution plans were allowed to include unit trust on the menu of assets for which plan members could choose. In addition, the increasing attractiveness of specialized funds such as bond funds and index funds has also fueled unit trust fund growth. The Transformation of Traditional Banking The fact that banks are exposed to the non-performing loans that stood at 9.1% for the periods of 1997 to 1999 and it seems to us that banking is a declining industry. However, first, the so-called decline of commercial banking is limited to a decline in the relative importance of commercial banking. As shown in Table 1, the decline of commercial banks assets as a fraction of total intermediated assets from 43.4% in 1980 to 41.3% in 2001. Table 1 also shows that banking industry assets actually increased between 1960 and 2000. In other words, bank assets have actually increased just not as fast as the assets of other financial intermediaries. Second, many of the new innovative activities in which banks engage are not reflected on bank balance sheets as assets even though they add significantly to bank revenue.  [11]  These include, for example, trading in interest rate and currency swaps, selling derivative instruments and issuing credit guarantees. Third, banks have a strong comparative advantage in lending to individuals and small businesses.  [12]  Finally, banks have joined forces with a number of other types of financial intermediaries.  [13]  For example, banks have combined with unit trust funds, merchant banks, insurance companies and finance companies. Bank acquisitions of non-bank financial intermediaries are part of broader consolidation of the entire financial services industry. Diagram 1: Structure of Regulatory Framework Minister of Land and Co-operative Development Licensing of : Brokers Representatives Trading Adviser Representatives Fund Managers Representatives Minister of Finance Minister of Domestic Trade Consumer Affairs Securities Commission Act 1993 Securities Industry Act 1983 Registrar of Companies Securities Commission Future Industry Act 1993 Companies Act 1965 Cooperative Act 1993 Kuala Lumpur Stock exchange (KLSE) BNM Islamic Banking Act 1983 Licensing of Dealers Representatives Investment Adviser Representatives Fund Managers Representatives Securities Clearing Automated Network Sdn Bhd (SCANS) Malaysian Central Depository Sdn Bhd (MCD) Kuala Lumpur Commodity Exchange (KLCE) Malaysian Futures Clearing Corporation Sdn Bhd (MFCC) Kuala Lumpur Options Financial Futures Exchange (KLOFFE) Malaysian Monetary Exchange (MME) Malaysian Derivative Clearing House Sdn Bhd (MDCH) Table 1: Malaysia: Assets of the Financial System, 1960-2000 As at end of (RM million) 1960 1970 1980 1990 2000 Banking System 2,356 (66.3) 7,455 (64.1) 54,346 (73.3) 223,500 (69.8) 829,900 (66.8) Central Bank 1,114 (31.4) 2,422 (20.8) 12,994 (17.5) 37,500 (11.7) 148,900 (12.0) Commercial Banks 1,232 (34.7) 4,460 (38.4) 32,186 (43.4) 130,600 (40.8) 513,600 (41.3) Finance Companies 10 (0.3) 531 (4.6) 5,635 (7.6) 39,400 (12.3) 109,400 (8.8) Merchant Banks 2,229 (3.0) 11,100 (3.5) 36,900 (3.0) Discount Houses 42 (0.4) 1,292 (1.7) 4,900 (1.5) 21,100 (1.7) Non-Bank Financial Intermediries 1,197 (33.7) 4,167 (35.9) 19,807 (26.7) 96,900 (30.2) 413,100 (33.2) Provident and Pension Funds 733 (20.6) 2,717 (23.4) 11,370 (15.3) 51,800 (16.2) 217,600 (17.5) Life and General Insurance Funds 103 (2.9) 439 (3.8) 2,476 (3.3) 10,300 (3.2) 52,200 (4.2) Development Financial Institutions 113 (1.0) 2,193 (3.0) 6,000 (1.9) 25,100 (2.0) Savings Institutions 267 (7.5) 645 (5.5) 2,463 (3.3) 10,000 (3.1) 32,300 (2.6) Other Intermediaries 93 (2.6) 233 (2.0) 1,305 (1.8) 19,800 (6.2) 85,900 (6.9) Total 3,553 11,622 74,153 320,400 1243,000 Source: Bank Negara Malaysia, Annual Reports (various issues) Financial Markets Financial markets are the centers or an arrangement that provide facilities for buying and selling of financial claims and services the corporations, financial institutions, individuals and governments trade in financial products in these markets either directly or through brokers and dealers on organized exchanges or off-exchanges. The participants on the demand and supply sides of these markets are financial institutions, agents, brokers, dealers, borrowers, lenders, savers, and others who are interlinked by the laws, contracts, covenants and communication networks. Financial markets are sometimes classified as primary (direct) and secondary (indirect) markets. The primary markets deal in the new financial claims or new securities and, therefore, they are also known as new issue markets. On the other hand, secondary markets deal in securities already issued or existing or outstanding. The primary markets mobilize savings and supply fresh or additional capital to business units. Alt hough secondary markets do not contribute directly to the supply of additional capital, they do so indirectly by rendering securities issued on the primary markets liquid. Stock markets have both primary and secondary market segments. Very often financial markets are classified as money markets and capital markets, although there is no essential difference between the two as both perform the same function of transferring resources to the producers. This conventional distinction is based on the differences in the period of maturity of financial assets issued in these markets. While money markets deal in the short-term claims (with a period of maturity of one year or less), capital markets do so in the long-term (maturity period above one year) claims. Contrary to popular usage, the capital market is not only co-extensive with the stock market; but it is also much wider than the stock market. Similarly, it is not always possible to include a given participant in either of the two (money and capital) markets alone. Commercial banks, for example, belong to both. While treasury bills market, call money market, and commercial bills market are examples of money market, stock market and government bonds market are example s of capital market. Keeping in view different purposes, financial markets have also been classified into the following categories: (a) organized and unorganized, (b) formal and informal, (c) official and parallel, and (d) domestic and foreign. There is no precise connotation with which the words unorganized and informal are used in this context. They are quite often used interchangeably. The financial transactions which take place outside the well-established exchanges or without systematic and orderly structure or arrangements constitute the unorganized markets. They generally refer to the markets in villages or rural areas, but they exist in urban areas also. Interbank money markets and most foreign exchange markets do not have organized exchanges. But they are not unorganized markets in the same way the rural markets are. The informal markets are said to usually involve families and small groups of individuals lending and borrowing from each other. This description cannot be str ictly applied to the foreign exchange markets, but they are also mostly informal markets. The nature, meaning, and scope of activities of these types of markets will be discussed later in the book. As mentioned earlier, financial systems deal in financial services and claims or financial assets or securities or financial instruments. These services and claims are many and varied in character. This is so because of the diversity of motives behind borrowing and lending. The stage of development of the financial system can often be judged from the diversity of financial instruments that exist in the system. It is not possible here to discuss individually the nature of various financial claims that exist in the financial system. The financial assets represent a claim to the payment of a sum of money sometime in the future (repayment of principal) and/or a periodic (regular or not so regular) payment in the form of interest or dividend. With regard to bank deposit or government bond or industrial debenture, the holder receives both the regular periodic payments and the repayment of the principal at a fixed date. Whereas with regard to ordinary share or perpetual bond, only periodic payments are received (which are regular in the case of perpetual bond but may be irregular in the case of ordinary share). Financial securities are classified as primary (direct) and secondary (indirect) securities. The primary securities are issued by the ultimate investors directly to the ultimate savers as ordinary shares and debentures, while the secondary securities are issued by the financial intermediaries to the ultimate savers as bank deposits, units, insurance policies, and so on. For the purpose of certain types of anal ysis, it is also useful to talk about ownership securities (viz., shares) and debt securities (viz., debentures, deposits). Financial instruments differ from each other in respect of their investment characteristics which, of course, are interdependent and interrelated. Among the investment characteristics of financial assets or financial products, the following are important: (i)liquidity, (ii) marketability, (iii) reversibility, (iv) transferability, (v) transactions costs, (vi) risk of default or the degree of capital and income uncertainty, and a wide array of other risks, (vii) maturity period, (viii) tax status, (ix) options such as call-back or buy-back option, (x) volatility of prices, and (xi) the rate of return-nominal, effective, and real. DEFINITION AND SCOPE OF A CAPITAL MARKET (THE ECONOMIC FUNCTIONS OF FINANCIAL INSTITUTIONS) The previous section gave a brief overview of the major types of financial institu ­tions. To understand why financial institutions exist and the economic services that they provide, it is important to understand the different ways in which funds are transferred within an economy between businesses, government, and households (economic entities) that need to borrow funds (borrowers) and those that have sur ­plus funds to lend (investors). In a very simple economy without financial institutions, transactions between, different borrowers and lenders are difficult to arrange. Borrowers and savers incur significant search and information costs trying to find each other. Transactions be ­tween borrowers and savers may also be limited, because few financial contracts in ­volve only two parties. Similarly, risks are great, since individual entities have little or no knowledge of each other and little ability to monitor each others actions. Also, the transactions costs may be so high that small entities may be unwilling to supply funds. Investors also have little ability to diversify their risk, due to the high cost of many financial contracts. Supplier of funds: surplus (savings) units Lenders: Housesolders, companies, governments, rest of the worlds Demand of funds: deficit unit Borrowers: Housesolders, companies, governments, rest of the worlds Financial Markets Financial institutions help to reduce transactions, search, monitoring, and infor ­mation costs. They provide risk management services and allow investors to diversify their risk and hold portfolios of financial assets by creating ways of indirect financing. Financial institutions also play important roles in an efficient payment system be ­tween entities and in managing pure risk (insurance). The upper panel of Figure 1 shows the role of financial institutions as intermedi ­aries between borrowers and lenders. The term primary securities refers to direct financial claims against individuals, governments, and non-financial firms. A simple economy without any financial insti ­tutions would accommodate only direct financial claims or financial contracts. In ef ­fect, a borrower gives an investor a financial contract or direct financial claim or se ­curity that promises a stake in the borrowers company (i.e., shares of stock) or future payments returning the amount invested plus interest (i.e., a bond, or some other sort of IOU). These are examples of direct or primary securities. As an economy develops, markets emerge for trading direct securities. Some function as auction markets, where trading is carried out in one physical location, as occurs on the New York Stock Exchange; others function as over-the-counter mar ­kets, where trading is carried out by distant contacts, perhaps over the phone and computer, as on the National Association of Security Dealers Automated Quotation (NASDA Q) system. Loans made directly with borrowers are another example of a primary or direct security, where a direct contract is made between a borrower and a bank or other individual lender. Table 1.2 provides examples of primary securities in the first column. The financial assets owned by banks, insurance companies, and mu ­tual funds, such as loans, bonds, and common stock, are all direct securities, where the lenders give funds to the borrowers, and the lenders receive financial contracts guaranteeing repayment of funds plus interest or shares of ownership in the bor ­rower companies. Investors lend funds in return for a direct or primary security. Secondary securities, in contrast, are financial liabilities of financial institu ­tions-that is, claim against financial institutions. In Table 1.2, financial institu ­tions liabilities-deposits, policyholder reserve obligations, and mutual fund shares-are secondary securities or claims against financial institutions. In effect, fi ­nancial institutions created secondary securities that offer advantages over primary securities or direct financial claims. EXAMPLES OF PRIMARY AND SECONDARY SECURITIES Primary Securities Secondary Securities Commercial loans Savings deposits Mortgage loans Transaction deposits Consumer loans Certificates of deposit Government bonds Insurance policyholders reserves Corporate bonds Mutual fund shares Corporate common stock Pension fund reserves Table 1.2 shows this type of indirect financing. Unfortunately, like most fields, finance sometimes uses confusing terminology. Readers should carefully avoid confusing the use of the words primary and secondary in this dis ­cussion with their use in other contexts. For example, students who have previously stud ­ied corporate finance or investments may have encountered the terms primary and sec ­ondary markets; primary markets are those for originally issued securities, and secondary markets handle resale of securities. In the context of this chapter, primary and secondary distinguish between issuers of securities and not between changes in securities ownership. PRIMARY AND SECONDARY MARKET In a market economy the existence of financial markets can greatly ease the process of exchanging loanable funds for financial claims. A firm that wants to borrow money can go to the market in the knowledge that those with funds to lend will be there. The process is made easier still if specialist traders are known to be actively participating in the markets, buying and selling financial claims on their own account, thereby smoothing over days on which trading is thin or when there is an excess of potential borrowers or lenders. Further economies are achieved if agents or brokers can be employed to enter the market representing the customer to buy and sell securities. The existence of the market serves borrowers and lenders alike by reducing the search costs which each has to incur to get in touch with the other, and also maintains confidence in market prices. Markets do not always have a physical location. A market for loanable funds might consist of nothing more than a list of know n dealers who can be contacted by letter or telephone. The International Stock Exchange is the centre of the securities market. It has both a physical trading site which is used for a very small number of securities, and a highly developed system of trading which takes place in a number of locations via computer linkages. The discount market is another traditional financial market, but one which operates without a physical site at all. This market operates by representatives of the discount houses maintaining close daily contact with the leading banks, either by telephone or personal visits, to determine where trading opportunities are. Two types of financial markets exist for real and financial assets, and it is important to distinguish between them. A primary market for financial assets deals in new issues of all types of loanable funds. Transactions in primary markets result either in the creation or in the extinction of financial claims. The creation of a new loan causes the transfer of cash from a lender to a borrower in exchange for a financial claim on the latter. The claim is extinguished when the cash, usually interest and principal, has been repaid to the lender. A secondary market is a market in old issues. Transactions in secondary markets do not create or extinguish financial claims. Cash does not pass between borrowers and lenders, but existing issues simply change hands. The borrower remains unaffect ed by the transaction while the lender transfers the right of repayment to another. The main economic function of the secondary markets is to support the operations of the associated primary markets for new issues by providing liquidity to lenders. In the absence of a developed secondary market an individual saver might be very unwilling to lend out money for long periods of time, except at rates of high interest too high to be attractive to borrowers. If the chances of making a sale when necessary are unacceptably low, no lender would commit funds. Therefore an active secondary market is essential for an active primary one. However, there is no guarantee that the lender will receive back in sale proceeds the full amount at the time they are sold, since markets fluctuate all the time, and prices are not constant. Secondary markets also contribute to the efficiency of the primary market by providing pricing information. In the share market, for example, the current prices of traded securities significantly reduce the problem of setting a price on new issues with similar risk profiles, and information from the secondary market will also influence the attitude of potential participants in primary markets. Figure 3.2 illustrates the connections between primary and secondary markets. Not all primary markets have secondary markets associated with them and some securities are issued for which there are no secondary markets

Information Lifecycle Management Essay

Industries and organizations thrive on â€Å"Information†. The effective use of information so that it is aligned to meet the business demands is therefore a very crucial essential. The millions of bytes of data, requires not only effective storage but processes which handle the data right from creation and disposal after it is no longer needed. Maintenance of data in a cost effective manner is therefore a very significant activity in any organization. The answer to all the above is Information Lifecycle Management (ILM). What is ILM? Technology in combination with processes and policies to effectively manage data to suit the requirements of the organization is what is the basis of Information Lifecycle Management. ILM manages the lifespan of data required by organizations. Storage medium, security, access rights and the way data will be accessed are all part of ILM activities. ILM through its dynamic process of reassessment of data, discards data which is no longer used. A tiered architecture is often used for ILM where in data which is redundant is often moved to storage media which is more cost effective. ILM is involved in the evolution of data, changes in the data over a period of time, its importance and finally disposal of obsolete data. Most organization use business applications which are data centric. Since voluminous amount data is involved many times it so happens there is not track of the amount if information available and the way it is stored. Often time is wasted in gathering the information as it is not stored in a structured manner. It ensures that data is stored in a way that is compliant with the organization policies and can be retrieved with ease. ILM also facilitates classification of data depending upon its sensitiveness and requirements by the business users. This can be done in two ways. The first is to segregate the data depending on its business use and relevance. The second is to prevent security breaches, access rights are decided keeping in mind the policies of organizations. Archiving of data is done depending on certain criteria so that it is much easier to access the next time a requirement comes up. Value of data determines the type of storage media to be used. If the data requires regular access and is the focal point of applications then such data is better stored on media which provides faster access and has effective backup and recovery mechanism. Data which is not accessed on a regular basis can be stored in less expensive storage medium. ILM alleviates the use of tools to automate routine tasks thereby reducing time and errors. ILM also focuses on reliability and relevance of data. A good example for the need of ILM would be email archiving. Communication heavily depends on email some of which are extremely important from business point of view. Old emails are stored in individual machines or network servers. A need may arise to access information from the previous email which may not be found or be available at the time it is required. Apart from this email needs to be organized in terms of its date of creation and importance of data. IT Managers in organizations are primarily concerned about cost effectiveness of the voluminous data and also security issues. Apart from this IT managers need to classify data according to organization policies and also optimize disk storage. Massive budget is allocated by organization for purchase of storage media unaware of the fact that nearly half of the existing remains un-utilized. Operation managers are always seeking high end results and want faster , reliable data access at the right time. ILM incorporates most of the features wanted by them and makes it easier to achieve an effective data storage management. It not only stresses on effective storage of information but also ensures that it is reliable and retrieval time is minimized for data that is critical and used frequently. ILM provided by Oracle is a good example of data management tool. The Oracle 11g is compatible with ILM. It uses basic steps such as definition of the data classes, tiered storage architecture, migrating policies along with compliance details. It has interactive GUI tool known as the ILM assistant. The ILM assistant informs the user when the data has become obsolete and whether the data needs to be archived or deleted. IT also provides a preview about the cost involved in executing the above said activities along with storage requirement specifications. The security measures in the ILM assistant ensure that only authenticated users are given access to the data stores. It is a definitely a cost effective tool that can be sued to manage the lifecycle of data. ILM assistant is short allows huge amount of data to be stored and available easily while keeping the cost of storage low. Conclusion Information Lifecycle management is an important aspect of data-centric organization. Depending on the requirement of the business should appropriately select the various solutions available. Large companies such as Oracle and IBM have come with ILM tools that provide them with effective data management and risk management. ILM prevents underutilization of disk space . Disorganized data can lead to huge losses and there an effective strategic approach is required.

Essay on Inclusion and Least Restrictive Environment

There are many problems with today’s education, but one of the main problems would be the topic of inclusion vs. self-contained classroom. Many people have different opinions on this topic. For instance, some believe that disabled children should be separated from non-disabled children in classrooms, while others believe they should not be separated. There are many advantages and disadvantages to both sides of this situation. The views of both of these choices are completely opposite. On one side something may have a positive outcome, but on the other side, it may result in a negative outcome. Choosing which one has more positive outcomes for students is not the easiest choice, but it is a choice that has to be made in order for students†¦show more content†¦Another upside of Inclusion would be the development of friendships. If disabled children were in separated classroom, or schools, they would not have a wide variety of peers to bond with. In inclusive classrooms, children with disabilities can learn from children without disabilities, or vice versa. They will have more opportunities to open up and accept each other and learn to appreciate diversity. With these benefits, there are also downfalls. Inclusion can cause, not only for the non-disabled children to fail, but also for the disabled. For instance, some students who are disabled need extra help, but â€Å"†¦it can be difficult for a teacher to provide these accommodations without distracting the rest of the students† (Jessica Cook). Students with special needs will need extra attention, and while the teacher is helping the special needs student, he will be neglecting the other non-special needs students that also need help. Even the other way around, the teacher would help the non-special needs students, and would start neglecting the special needs students. This could possibly cause students to slowly, or maybe even drastically, start failing. Another example would be tha t regular teachers are not as â€Å"†¦fully trained as a special education teacher when it comes to providing for the educational, behavioral and physical needs of students with special needs† (Jessica Cook). Some people may say that they can always pair a regular teacher with anotherShow MoreRelatedDoes Inclusion Result In Favorable Effects? Essay709 Words   |  3 Pagesclassrooms. Inclusion refers to the practice of instructing all students regardless of disability. Although the term is new, the basic law is not, and reflects the belief that students with a disability should be taught in the least restrictive environment, or as close to the mainstream of regular learning as possible. The least restrictive environment doctrine is one key element of federal special education law. Advocates of inclusion believe that most cases, if not all, the least restrictive studentsRead MoreFull Inclusion versus Self-Contained or Special Schools1132 Words   |  5 PagesFull Inclusion Versus Self-Contained or Special Schools The treatment of individuals with disabilities has changed dramatically since the 1800’s. Reynolds 1988, describes, Progressive inclusion, the evolution of services provided to those with various disabilities. In the early 1800’s residential institutions, or asylums were seem as common place accommodations for individuals with hearing, visual, mental or emotional impairments. Institutions remained the primary educational support untilRead MoreAn Interview On Children With Disabilities1666 Words   |  7 Pages2004) addressed the issue of least-restrictive-environment† (Lecture 1, 2010). The act requires states to set up methodology guaranteeing that children with disabilities are taught properly and comparatively with children who don t have disabilities (Lecture 1, 2010). This essay will cover interview questions and answers from Mrs. Pope, legal cases and decisions that may have affected LRE and the school district, and parent involvement. Least restrictive environment involves having special educationRead MoreCommon Core State Standards Essay1085 Words   |  5 Pagesyears. The refinement of the special education act changed millions of lives of people with disabilities (Artiles, 2003). IDEA provides access to all students regardless of their disability to a free, appropriate public education in the least restrictive environment. Therefore, an increasing number of schools are including students with disabilities in general education settings (Burke III et al., 2004). Burk and Sutherland (2004) stated that the percentage of students with disabilities who have beenRead MoreStudents With Learning Disabilities : A Curriculum Based On Individual Needs1255 Words   |  6 Pages Inclusion is defined as a learning environment containing both students with and without disabilities working collaboratively. Students with learning disabilities may be fully integrated into the general education setting or may follow a pull out or push in model for one subject, such as reading. Although there is considerable debate about where students with disabilities should be educated, schools must abide by the concept of the least restrictive environment. 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The present argument in the world of Special Education is whether Full Inclusion or Partial Inclusion is better, and who each will benefit. Full Inclusion is when all students--students with special needs and generalRead MoreInclusion Of Special Education Classroom1488 Words   |  6 Pagesmaking more efforts to increase educational opportunities for students with disabilities, and while there are many benefits to inclusi on, there are also many challenges. Inclusion of special education students in a regular education classroom continues to be the center of debate amongst administrators and teachers. Everyone has their own ideas and attitudes towards inclusion, and research studies have revealed that there are many things that contribute to those positive or negative attitudes. ReviewRead MoreSpecial Education Students: Inclusion vs Reality Essay1315 Words   |  6 Pagesbe uneducable and were barred from entering schools† (â€Å"Exceptional Students†). Federal and state laws, as well as mandates, now require schools to educate all children with disabilities in the least restrictive environment, to the maximum extent possible. The least restrictive environment is considered to be the general or the â€Å"regular† education classroom. The preferred language of today is the term â€Å"general education classroom†, because using the word â€Å"regular† implies that special educationRead MoreInclusion Of Inclusion For Students With Disabilities Essay1533 Words   |  7 PagesIt is imperative that inclusion techniques be implemented in the classroom. Studies and research show that implementing inclusion techniques in the classroom have immense positive impacts on all students. As a result of these findings there is a rise in legislation being passed that fosters inclusion on a broader scale. Furthermore, it is necessary to apply inclusion techniques from a young age in order to ensure the greatest success. In my opinion the application of inclusion technique’s in classrooms

The Fall Of Death, Destruction And War - 879 Words

In the wake of death, destruction and war came the renaissance. The renaissance was an era of cultural rebirth that swept across Europe during the 14th to 17th century . This era marked the time in which man returned to their classical learning and values of ancient rome and greece and began to change their attitude towards religion (history.com staff). While the renaissance is in the past it continues to live on throughout many different fields of art, theories and movements, however, paintings tend to be most symbolic of what the renaissance era was. The Renaissance era was faced with the hundred years war, the black death, classicism and the issues of religion such as the distancing from church and humankind s search for the meaning of their existence and how life works. With these ongoing issues renaissance paintings were often depicting images of war, death, the values from ancient greece and rome and they became more secular as well. Additionally, the artist began to develop new techniques such as linear perspective, realism, depth, symmetry, and classicism. Artists also began to make use of light, detail anatomy, depict nature and focus on individuals instead of groups of people. Leonardo da Vinci, is one of the most famous painters and at 15 was an apprentice to Andrea del Verrocchio (history.com staff). He was also an inventor, scientist, doctor and philosopher and has been nicknamed â€Å"the renaissance man† (history.com staff). Da vinci is an artist whoseShow MoreRelatedThe Book The Seven Basic Plots : Why We Tell Stories1246 Words   |  5 PagesStar Wars has entertained millions of people since its inception in 1977. Creator George Lucas’s brilliant use of the plot type Tragedy has created Star Wars into the global phenomenon that it is today. 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However, the people most likely to be harmed by the radiation are the enemy country’s people, so thereforeRead MoreThe Treaty Of The Cold War976 Words   |  4 Pages The Cold War was a unique war, nothing like the wars that had come before. It did not have a clear start, no real first battle to start the hostilities. It could be said that the Warsaw upraising in 1944 was the beginning, though what that symbolized was coming went unnoticed by the United States. It was not until two years later in 1946 that the United States finally realized that they had walked out of the fire World War II and into the frying pan of a new war (International). That kind of subtleRead MoreThe Weapons Of Mass Destruction1665 Words   |  7 PagesWeapons of Mass Destruction are a huge risk to the society due to the mass amount of lives that can be taken with the detonation or use of a weapon of mass destruction. In the past an estimated 4,186,000 - 4,385,000 people have died due to a weapon of mass destruction (WMD). If all the WMD’s as of now in the world were released A WMD is by definition of United States Law any destructive device†¦any weapon that is designed or intended to cause death or serious bodily injury through the releaseRead MoreWhen Things Fall Apart by Chinua Achebe689 Words   |  3 PagesWhen Things Fall Apart Things Fall Apart was a fictional story that documented the tragic death of the successful and highly respected Okonkwo, a leader in the Umuofian tribe; and upon further analysis, his death serves as a symbol of a much greater tragedy: the white man’s destruction of an entire culture through a forced societal transformation and conversion into Christianity. 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The main focus of this paper is to open the realization that the Cold War was not what most people believe it to be, a short period of time when no conflicts actually took place. In reality, the Cold War took place over a period of more than 30 years and involved considerable death and destruction. What was the Cold War? This questionRead More Love and Agony in A Farewell to Arms Essay935 Words   |  4 Pagesyouth boldly advances into war, rifle in hand, picture of mom in his pocket- hair neatly combed, clean socks. Eagerly he arrives on the sunny front and fights off the enemy with valor, saving whole troops of injured soldiers as he throws them over his shoulders and prances upon the grassy lawn to safety. Between various sequential medal-awarding ceremonies, he meets a radiant young nurse tending the blessed wounded he saved. 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