What To Do Before You Start Writing Your War Essay Sample

What To Do Before You Start Writing Your War Essay SampleThere are many sites that offer valuable tips on writing great War Essay samples. However, you have to be careful about which site you go to. The good news is that there are some sites out there that provide some superb resources. Here is what you should do.First of all, consider a sample from a great War Essay sample. Look at the site's top pages and read the articles that are relevant to your field. Even better, take a look at the site's resources. This will help you to find out more about how to use the site's resources properly.If you don't have any sample to look at, consider looking at an already published article. Many sites out there offer pre-written essays that you can simply fill in. This makes it easy for you to see how it should look and what information is needed to finish it.Next, look at the resource that you are going to use. How do you know if the resource is great? Consider using samples that have been publis hed and review it thoroughly. If you see something that has stood out, you might want to check it out further.Last, look at the sample resource that you like. Take a closer look at the sample. Be sure to read all of the material provided. This is very important, as you will be writing your own essay.Once you have completed the War Essay samples that you like, you should look at the resources again. Once you have checked it out, then you can start to apply what you learned to your own essay.Remember, not all sample resources are created equal. You will need to know which ones provide you with helpful information and which ones aren't worth your time.

Andrew Jackson and the Removal of Native Americans - Free Essay Example

Sample details Pages: 3 Words: 755 Downloads: 8 Date added: 2019/08/06 Category People Essay Level High school Tags: Andrew Jackson Essay Did you like this example? Many events have shaped the United States. They carved our society, laws, and beliefs. For starters, before Europeans and other peoples set foot on American soil, it was inhabited only by Native Americans, or Indians. Don’t waste time! Our writers will create an original "Andrew Jackson and the Removal of Native Americans" essay for you Create order These indigenous people built towns, hunted, and some even farmed. However, when the Spanish, Europeans, and others broadened their horizons into America, the Native Americans were forced to conform to the ways of others, or die. Andrew Jacksons decision to remove these humble peoples, via the Indian Removal Act, exemplifies that statement. At the age of 13, Andrew Jackson quit school and became a soldier. During the war, he was captured. Jackson went on to become the first president to be a prisoner of war. He was known to have a temper from the time he entered the military and throughout his presidency. During one account it is stated he engaged in brawls, and in a duel killed a man who cast an unjustified slur on his wife. Although his ambitious nature was a good contributing factor in his time of leadership, it caused him to make quick and biased decisions. As stated before, Jacksons decision to remove the Native Americans of North America was ignorant and immature in some ways. The Native Americans were humble people. They submitted to other people for years. Very few times did they get involved with war, and when they did it was only to protect themselves and their tribe. Andrew Jackson created the Indian Removal Act during the 1800s and pushed it through several government systems for ratification. One of these systems was Congress. Jackson met with many of the Native American tribes before making his decision. In one document he even referred to the Native Americans as friends and his red children. However, even though Congress voted against the removal of the humble natives Jackson still signed the document to have them removed. In Jacksons eyes, removing natives was the key to success. He belived them to be infirior to whites. He stated,under the protection of the Government, and through the influence of good councels, [will cause them] to cast off their savage habits, and become an interesting, civilized, and Christian community. In the letter from the secretary of war it is even mentioned that they would erect new building as soon as possible where the Native Americans homes once were. In enacting the the Indian Removal Act, Andrew Jackson consequently created the Trail of Tears. This historical event was the march of thousands of Native Americans out of their territory and into a new, government appointed, territory. The Trail of Tears included approxamately 4,000 indian men, women, children, and elders. These people were forced to march several miles with barely any rest. In addition to this, when they did rest, their brief breaks were in shabby makeshift tents. Other indians were put onto boats with similiar, horrid conditions. This tragic historic event has forever marred the United States of America as a very ignorant, gruesome, and harsh occurence. It shall forever provide an example of why differences should be respected and embraced. The Indian Removal Act and the Trail of Tears has contributed to the lesons taught to Americans about equality for all. Bibliography Primary Sources United States War Department, 1770?-1843 Sequoyah, Thomas Loraine McKenney, and United States Bureau Of Indian Affairs. Report of the Secretary of War.On Indian affairs. [Washington, 1826] Pdf. https://www.loc.gov/item/08036496/. Alfred Balch to Andrew Jackson, January 8, 1830. Alfred Balch to Andrew Jackson. January 8, 1830. In Image 4 of Alfred Balch to Andrew Jackson, January 8, 1830. Accessed November 13, 2018. https://www.loc.gov/resource/maj.01074_0281_0284/?sp=4. Andrew Jackson to John Pitchlynn, August 5, 1830. Andrew Jackson to John Pitchlynn. August 5, 1830. In Andrew Jackson to John Pitchlynn, August 5, 1830. Accessed November 12, 2018. https://www.loc.gov/item/maj012027/. Secondary Sources Primary Documents in American History. Planning D-Day (April 2003) Library of Congress Information Bulletin. March 27, 2018. Accessed November 10, 2018. https://www.loc.gov/rr/program/bib/ourdocs/indian.html. Indian Removal Timeline. Digital History. 2018. Accessed November 15, 2018. https://www.digitalhistory.uh.edu/active_learning/explorations/indian_removal/removal_timeline.cfm. President Andrew Jacksons Message to Congress On Indian Removal (1830). Our Documents Interstate Commerce Act (1887). Accessed November 15, 2018. https://www.ourdocuments.gov/doc.php?flash=falsedoc=25. Andrew Jackson. The First March From Selma. Accessed November 12, 2018. https://www.americaslibrary.gov/aa/jackson/aa_jackson_subj.html. Andrew Jackson. The White House. Accessed November 8, 2018. https://www.whitehouse.gov/about-the-white-house/presidents/andrew-jackson/. Cherokee Trail of Tears. About North Georgia. 1994-2018. Accessed November 15, 2018. https://www.aboutnorthgeorgia.com/ang/Cherokee_Trail_of_Tears.

The Impact of Multiple Sclerosis on Employment - Free Essay Example

Sample details Pages: 3 Words: 827 Downloads: 4 Date added: 2019/02/15 Category Career Essay Level High school Topics: Employment Essay Did you like this example? The National Multiple Sclerosis Society (as cited in Bishop Rumrill, 2015) states that the debilitating disease of multiple sclerosis (MS) impacts 2.3 million individuals around the world. This particular disease is considered chronic and typically worsens in severity over time, leading to an array of diverse symptoms that primarily diminish physical and cognitive abilities (Finlayson, Garcia, Cho, 2008). As a result of these impaired abilities, employment is one of the most prominent areas of daily life impacted (Bishop Rumrill, 2015). Don’t waste time! Our writers will create an original "The Impact of Multiple Sclerosis on Employment" essay for you Create order In fact, McFadden et al. (as cited in Bishop Rumrill, 2015) affirms that merely 20% of individuals with MS maintain their employment positions for 10 years post-diagnosis. This circumstance is troubling for individuals with MS due to the fact that employment is a significant aspect of a prosperous and fulfilling life (Institute of Medicine as cited in Bishop Rumrill, 2015). A thorough examination of the etiology and nature of deviation regarding MS will be conducted to identify how specific impairments are correlated to difficulties with employment maintenance. Etiology and Nature of Deviation MS is categorized as a disease of the central nervous system (CNS) marked by sporadic, repetitive occasions of inflammation (Lee Dunn as cited in Bishop Rumrill, 2015). In the beginning of disease onset, individuals with MS typically experience alternating periods of disease progression and regression (Cameron Klein, 2010). However, as time elapses, some individuals with MS experience an increase in symptom severity as inflammation heightens (Cameron Klein, 2010). The inflammation ultimately engenders demyelination of neuronal axons throughout various areas in the CNS including the brain, spinal cord, and optic nerves (Lee Dunn as cited in Bishop Rumrill, 2015). Myelin is composed of lipids and functions as an axonal covering that promotes enhanced speed and efficiency of electrical impulse conduction (Schapiro as cited in Bishop Rumrill, 2015). When the myelin covering is diminished and damaged through the presence of inflammation, electrical impulses sent between commun icating neurons decelerates (Bishop Rumrill, 2015). As a consequence of this impulse deceleration, the communication of information between neurons loses efficiency and can ultimately obstruct an array of physical, cognitive, sensory, and psychological processes in the body (Schapiro as cited in Bishop Rumrill, 2015). The exact etiology of MS is not factually declared (Bishop Rumrill, 2015). However, biological and environmental components present possible explanations regarding the likelihood of acquiring this disease (Bishop Rumrill, 2015). In addition, the body’s immune system may also contribute to the development of MS (Pakenham as cited in Bishop Rumrill, 2015). Pakenham (as cited in Bishop Rumrill, 2015) states that individuals with MS tend to have immune system responses that trigger T cells to attack the myelin of axons in the CNS. Impairment The symptoms that manifest from MS fluctuate between impacted individuals (Herndon as cited in Bishop Rumrill, 2015). Herndon (as cited in Bishop Rumrill, 2015) explains that the reason for symptom diversity within this population involves the differences in location and severity of the CNS damage. For instance, damage to the frontal and parietal lobes of the brain typically lead to psychological issues, while damage to the brainstem and spinal cord engender diminished physical abilities of the bodily limbs (Fraser, Clemmons, Bennett as cited in Bishop Rumrill, 2015). Two prevalent impairments resulting from MS involve cognitive dysfunction and fatigue (Bishop Rumrill, 2015). Chiaravalloti and DeLuca (as cited in Bishop Rumrill, 2015) state that cognitive dysfunction is found in up to 70% of individuals who suffer from MS. Although the degree and type of cognitive dysfunction differs from person to person, typical problems include challenges with memory recollection, atten tive abilities, and executive skills (Pakenham as cited in Bishop Rumrill, 2015). Fatigue, on the other hand, is present in 92% of individuals with the condition of MS (The Multiple Sclerosis Coalition as cited in Bishop Rumrill, 2015). The Multiple Sclerosis Council for Clinical Practice Guidelines (as cited in Andreasen, Stenager, Dalgas, 2011) explains that the presence of fatigue results in the diminished ability to execute functional activities of daily life. Therefore, individuals with MS who specifically possess cognitive impairments and fatigue struggle to preserve the physical and cognitive abilities required to execute employment duties and maintain occupational positions (Bishop Rumrill, 2015). In addition, these particular individuals face environmental hinderances that cause the maintenance of employment to be challenging to an even greater degree (Duggan, Fagan, Yateman as cited in Bishop Rumrill, 2015). As a result of these impairments, employment positions can be lost (Bishop Rumrill, 2015). This particular circumstance is difficult for this population since employment provides a sense of purpose, leads to essential social engagement, and secures financial means (Institute of Medicine as cited in Bishop Rumrill, 2015). Both cognitive dysfunction and fatigue represent only two out of many MS impairments that can lead to the loss of employment (Bishop Rumrill, 2015). Conclusion The globally-prevalent disease of MS leads to the diminishment of physical and cognitive abilities required to complete daily functional tasks (Finlayson, Garcia, Cho, 2008). As a result of functional limitations, employment becomes challenging for this population to maintain (Bishop Rumrill, 2015). This circumstance ultimately lessens the quality of life present within this particular population, eliminating an essential component of daily routine (Schiavolin et al. as cited in Bishop Rumrill, 2015).

The risk of hedging in the banking world - Free Essay Example

Sample details Pages: 11 Words: 3366 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Cause and effect essay Did you like this example? Hedging is a risk management tool to offsetting the risk inherent of price in any cash market position by taking an equal but opposite position in the futures market. Hedging activities protect futures contract holder from fluctuations in the underlying assets price. Investors are benefit if the price of underlying asset moves in the same direction as what investors expected (Hedge Fund, 2009). Don’t waste time! Our writers will create an original "The risk of hedging in the banking world" essay for you Create order Short hedge is a short selling by borrowing underlying asset such as commodity, security or financial instruments from a broker and selling it by using the future contract. It then later bought back at lower price and returned to the broker. Short hedge is used by investors as a technique to capture the profit or protect losses from the falling price of the underlying asset. If the price is moves as investors expectation of going down, the investors are then buy at lower price and sell at the higher pre-determined agreed price. Thus, the investors gain from the differences of buying at lower price and selling at higher price. Furthermore, short selling can increase the liquidity in the market as investors can sell short the underlying asset without holding any stock (Short Hedge, 2010). For example, the price of corn is $3.50 per bushel at today. A producer of corn expects that the price of the corn will be dropping in six months later. Thus, the producer short sells the corn b y using future contract and lock in the price at $3.50 per bushel. Six months later, the price drops to $3.00 per bushel. The producer then buy the corn at $3.00 per bushel in cash market and sell the corn at $3.50 per bushel which is pre-determined agreed price in the future contract. Thus, the producer gained $0.50 per bushel by using the short hedging. Furthermore, producer is also protected from the losses of reducing in the price of corn by just locked in the selling price when enter into a contract. However, producer is making losses if the expectation of producer goes wrong. In the event of corns price rises to $4.00 per bushel six months later, the producer have to buy at $4.00 per bushel in the cash market and sell it out at pre-determined agreed price of $3.50 per bushel. From here, we know that the producer is making losses. A long hedge involves buying futures contracts with the intention of receive delivery of the underlying assets by locking the price of the asset. Investors will only enter into a long hedge contract when there is expectation of increase in prices of the underlying asset in the future. Long hedge is also enables investors to hedge and protect against the volatility and uncertainty of future price. A long hedge is beneficial for the investors who worry about the increasing of the underlying assets price in the future. Thus, long hedge allows investors to lock in the purchase price. In the event of the underlying assets price going up later, the investors are protected from the increasing in price by just paying the asset at the lower pre-determined agreed price (Long Hedge,2010). For instance, the seller of corn enters into the contract when he wants to purchase a certain amount of corn from the producer but is worrying about the rises in the price of corn in future. Let says corn price is $3.50 per bushel today and the seller locked in the price at $3.50 per bushel. If the price rises to $4.00 per bushel in six months later , the seller is protected from the rising of the corns price because the price is locked at $3.50. The seller is gained $0.50 per bushel from the long hedge. Same situation applies to long hedge when the price moves unfavorable for the seller. When price drops to $3.00 per bushel, the seller is facing losses. This is because the seller has to pay $3.50 per bushel instead of the actual market price is $3.00 per bushel after the six months period. b) The cost of jet fuel is an important issue for airline companies because it affects the profitability of the firms. This paper explores the hedging fuel costs strategies, implication of accounting rules for driving hedging strategies in United States. Besides, authors also conducted an industry survey to examine current hedging strategies and its benefits in United States business aviation. Cobbs and Wolf (2004) pointed out that there are three type of contracts utilized for fuel hedging purposes: over-the-counter instruments, exchange-traded-futures, and notÂÂ  hedging. Over-the-counter contracts entered by airlines are swaps, options and combinations of options such as collars structures. Despite of illiquid market and insufficient quantities available to hedge jet fuel consumption, many airlines still prefer over-the-counter instruments because of its customisation feature. Southwest successfully used this hedging strategy to implement its dynamic hedging program. It all ow the airlines to lock in prices at a lower point in the oil price cycle assuming that oil price cycle is a mean-reverting process. For examples, fixed swaps are used at the low point of oil price cycle because of the likelihood of price appreciation than price declines. Then, the airline can use swap contract to lock in at a lower price. Giving up potential savings from price decrease whilst hedging against further increases, airlines use collar to lock in a specified range of prices in the mid-range of the price cycle. Peak prices are more likely to require caps in the form of straight calls to allow company benefit from price depreciation and prevent losses from further appreciation. A substantial amount of monitoring is required for this strategy. United States do not have exchange-traded derivatives on jet fuel, therefore a similar hedge are set up such as between the price of heating oil and crude oil which highly correlated with jet fuel. These commodity future contrac ts result basis risk because of imperfectly correlation (contracts are based on an underlying asset other than jet fuel). Some airline companies employ another strategy- not hedging. There are two conditions should be met for this strategy to work: Firstly, other competitors also do not hedge jet fuel cost. In fact, this condition hardly is met, because hedging airlines have a competitive position (stable cash flow and better cash flow planning) over non-hedging airlines though aviation is not an actively hedging industry. Secondly, increase air fare and pass the change in fuel prices to passengers. It is more difficult for airlines to transfer additional fuel cost in highly competition nature of industry because being competitive on price was the key to any airlines survival and success. As such, aviation businesses in United States use various hedging strategies ranging from not hedging to fully hedging using a combination of instruments. Parties involved in hedging need som e accounting standards knowledge since it has great implication in adopting hedging instruments and enable the firms to receive preferable accounting treatment. Industry survey reveals that fuel costs is the second-largest expense for airlines which account for 16% of the carriers operating costs. To reduce the volatility of operating expenses and maintain bottom line profitability, airlines choose to hedge fuel prices. Study showed that Southwest and JetBlue are the industry leaders. Cobbs and Wolf (2004) indicated that there is a positive relationship between fuel hedging and the value of the firm by illustrating price/revenue ratio and hedging ratio of airlines. This study also suggests that airlines that are hedged have a competitive advantage over the non-hedging airlines. This paper concluded that a sophisticated hedging program can create a comparative advantage, overweight the costs and enhance firm value. c) Industry survey was conducted based on 13 United Stated domestic airlines. Survey shows that hedging jet fuel costs brings benefits to airlines. This result is supported by theory that hedging increases firm value. Cobbs and Wolf (2004) indicate that fuel costs is the second-largest expenses for airlines which account for about 16% of the carriers operating expenses after personnel expenses in year 2003. At least 80% of fuel costs were bear by each of the airlines in this industry survey. Aviation businesses average airfare pricing (available seat mile) decrease by 0.1%; airlines faced a compounded annual rise of 25.9% in fuel costs from 2001 to 2003. Few airlines have tried to transfer the rises in fuel costs to passengers by charging surcharges or increase in airfares during the period February to May 2004. However, it was an unsuccessful attempt because rival companies choose to not pass additional costs to their customers. Same case for United who also doubt on the decisi on of increase the pricing as Continental gives up the price increasing after a week due to the reason of other carriers are not responded to do so. This paper repeats the Carter et al. (2002) results: fuel hedging airlines trade at a premium. Cobbs and Wolf (2004) also suggest a positive correlation coefficient between fuel hedging and the firms value by illustrating price/revenue ratio and hedging ratio of airlines. Southwest is the largest fuel hedger who is hedged 82% of the fuel price and the price to revenue ratio is above 1.00. The second and third largest hedger is JetBlue and Airtran Holdings who are also having price to revenue ratio more than 1.00. Both United and Continental are remaining unhedged for the fuel price. Thus, their price to revenue ratio is relatively low. United is only achieving 0.01 while Continental is below 0.10. For EPS estimation in 2004, Southwest and JetBlue have positive value because both are the largest hedgers. Based on the findings from ind ustry survey, hedging is creating value which is like higher price to revenue ratio, lower price, positive EPS. Non-hedging airlines fuel cost were at or above the average spot fuel price. Southwest, JetBlue and Delta were the largest fuel hedgers in United Stated domestic airlines in 2003. Their actual fuel cost were in-line or below the average spot price of New York Harbor and U.S Gulf Coast. According to Southwests CEO statement, Southwest would face $8million loss due to rising in fuel prices if they not hedged their position. Southwest uses a combination of call options, collars, and fixed price swap agreements to hedge its jet fuel exposure. Whereas, JetBlue hedge its fuel consumption through swap agreement and crude oil option contracts and outsources its fuel management services. Dynamic hedging strategies enable Southwest and JetBlue- the industry hedging leader to save on fuel expenses and create competitive advantages compared to other carriers. Although hedging in creases firm value, there are still involves significant amount of hedging costs. For example JetBlue and Southwest limit their hedging operations in the past three years due to the reason of insufficient cash flow to finance the futures margin deposits and option premiums. Delta forced to close the positions of the fuel price hedging as to generate cash are needed for operations. In addition, many airlines (American, Continental Northwest and United) have to deal with liquidity issues which limit their ability to fully hedge their jet fuel consumption and protect themselves from oil price fluctuations. d) Jet fuel prices have been substantially volatile throughout the last decade. It drive airlines to hedge their fuel consumption to protect themselves from fuel price rising. For instance, the impact of fuel price changes drove United Airlines entered into options contracts to protect against increases in jet fuel prices (Carter et al., 2002). Jet fuel hedging is valuable for airline companies according to previous literature studies: US airlines which engage in fuel hedging activities increase in firms values (Carter et al.,2002; Cobbs and Wolf, 2004; Lin and Chang, 2008); Kvello and Stenvik (2009) study on European airlines hedging also has consistent results with US airlines. In the study of Carter et al. (2002), regression analysis is using to test whether there are hedging premium for the airlines that are using derivatives to hedge exposure of jet fuel price. The result showed 12%-16% statistically significant that hedging is creating vale for a firm. Fuel cost is one of the largest costs for airlines. It is more volatile than other courier expenses (Cobbs and Wolf, 2004). Hedging is considered as one of the ways to protect the airlines from the unfavorable price movements. For examples, in 2003, Korean Airlines entered into forward fuel contract which reduce their average fuel price paid by 34% and reported a gain of Won 282 million. Through dynamic hedging activities, Qantas offset 73% of their 2003/04 increased fuel price paid (Morrell and Swan, 2006). Thus, hedging activities is a tool to stabilize overall costs and reduce the volatility of profitability. Then, firms future expenses and earnings are able to predict, resulting in a more stable airlines financial markets. Investors are more confident to the stock price of airlines after hedging as earnings of airlines are more volatile if there is no any hedging activity. Carriers may face threat of bankruptcy if fuel prices keep increasing. For examples, Legend Airlines and National Airline s seek for insolvency protection because of rising fuel cost in 2000 (Cobbs and Wolf, 2004). Hedging aids in reducing the cash flows or accounting profits volatility, minimize risks, diminishing the probability of bankruptcy (Kvello and Stenvik, 2009). In 2003-2005, rise in fuel prices drove several airlines into bankruptcy. However, SouthwestÂÂ  was able to weather the changes in fuel prices by using extensiveÂÂ  fuelÂÂ  hedgingÂÂ  program (Ingrassia and Fleischer, 2006). Trempskis (2009) study note that Southwest and JetBlue Airlines- the industry leaders in fuel hedging strategy never has filed for bankruptcy, thus investors perceived them as more stable firm. Hence, fuel hedging would increase investors confidence and valuation of firms. During economic downturn period or fuel prices are very high, financially troubled airlines would sale its assets (e.g. aircrafts) below market prices (Carter et al.,2002). In this context, hedging airlines are allowed to take advantages buy these assets or acquire that carrier at prices below fair value (Pulvino, 1998; Cobbs and Wolf, 2004; Kvello and Stenvik, 2009). Kim and Singal (1993) implies that typically higher fare environments are created upon completion of the acquisition. By fuel hedging, airlines reduce cash flow volatility, improve its cash position thus enhance its flexibility in investment policies during economic downturns. Froot et al., (1993) analyze that hedged-airlines have sufficient internal funds and rely less on external sources of funds to complete this profitable capital expenditures or favorable investment opportunity. For example, American Airlines acquired Trans World Airlines by utilizing its available cash and assumption of Trans World Airlines debt in 2001 (as cited it Carter et al., 2002). Involving in positive net present value investment would strengthen hedged-airlines competitive position and increase firm values. Rob Fyfe, Air New Zealand chief executive c ommented that fuel hedging not only trying to remove volatility and also provide airlines ability to compete against its rivals. Fuel hedging makes sure airlines have some parity in fuel costs with competitors and prevent competitors from undercut on prices (in case rivals obtained a lower fuel cost). Fyfe statement is illustrated with a real case scenario. Qantas Airways fuel strategy successfully enhanced its competitive advantage and obtained cheaper fuel cost, resulting in captured some market share from rivals (Ballantyne, 2009). Fuel hedging is a complex business. Unless those airlines are able to maintain a long term and consistent hedging strategy through all stages of oil price cycle, airlines wouldnt be able to benefit from hedging. In fact, many airlines hedging losses in fuel hedging have been reported. For example, Air New Zealand had a loss of $134million from fuel hedging, other airlines to suffer include China Eastern Airlines ($908million), Air China ($994million ), Taiwans China Airlines ($629million), EVA Air ($267.8million), Malaysia Airlines ($755million) and Singapore Airlines ($223.5million). Besides, it becomes more difficult and more expensive for airlines to arrange hedging deals. Many banks and finance houses that heavily involved in past hedging have either bankrupted or in financial difficulties, e.g. Lehman Brothers. As a result, many airlines hedging deals collapsed and the remaining players are nervous (Ballantyne, 2009). However, most industry leaders and airline chiefs insist that hedging is the only way to smooth out the peaks and troughs of fuel price. This exercise will continue to be an important risk management tool in their strategy (Ballantyne, 2009). e) This study found that there is a positive relationship between fuel hedging and the value of the firm. This leads our attention to the aspects of reasons for hedging and which theory supported the finding. Theory that supported the finding Source of added value from jet fuel hedging is related to the underinvestment problem. Numerous literature studies supported for the underinvestment theory (Bessembinder, 1991; Froot et al., 1993; Stulz, 1996; Carter et al., 2002; Lin and Chang, 2008). Froot et. al (1993) developed a theoretical framework for hedging and value. He indicates that airlines facing financial distress will choose to underinvest. Underinvestment cost is one of the important indirect costs of financial distress (e.g. Stulz, 1996) thus hedging activity is a tool to alleviating the problem of underinvestment. When firms have profitable capital expenditures, the external cost of fund is more expensive than the internal funds (pecking order theory), so hedging can lower the variability of internal funds and ensure airlines have sufficient internal cost of capital to complete profitable investment opportunities (Bessembinder, 1991; Froot et. Al, 1993; Mello and Parsons, 2000). Based on Froots framework, Carter et. al (2002, 2006) and Kvello and Stenvik (2009) further proved that airlines main benefit of jet fuel hedging as it comes from reduction of financial distress cost and underinvestment costs. Their studies result show that positive relation between hedging and value increases in capital investment, while higher fuel costs are consistent with lower cash flow. Hedging add value to shareholders by aiming airlines avoid underinvestment and make value-creating investment. Reasons for hedging Probability of bankrupt is easily affected by non-systematic risk and thus levies costs. This probability of bankruptcy can be defined as financial distress costs which are included direct and indirect costs. Direct costs are costs incurred in the bankruptcy while indirect costs are derived as stakeholders perceive a realistic chance of future bankruptcy. These costs are defined the performance and market value are directly linked to volatility. (Haushalter, 2000). Hedging is allowed company to hedge against the fluctuation of the cash flow or accounting profit. Thus, it will reduce the probability of going to bankruptcy. Hence, the costs are lower and value of company is increasing. In the exhibit 5, Jet fuel price of Southwest, JetBlue and Delta are lower than average spot price of New York Harbor and U.S Gulf Coast. Thus, the findings are showed the hedging lowering the costs which are consistent with the theory of financial distress costs. Based on agency costs theory, agenc y conflicts arise when there is the divergence of interest of principal and agent. Thus, company should go for hedging to reduce the costs and increase the value of the company. Dobson and Soenen (1993) concluded that hedging reduce the fluctuation of cash flows and leads to probability of uncertainty also reducing. Consequently, the costs of external financing become lower. Furthermore, cash flow is more smoothing through exchange risk hedging when the firm is leverage. Based on the findings, the airliness value are enhancing after the hedging. In the theory of incentive structures, Smith and Stulz (1985) compensation scheme is influencing the managers choices in hedging. Managers are acted in the interest of shareholders who are always maximizing the wealth of shareholders. Managers manage the risk is to reduce the agency costs. However, interest rate risk and currency risk are not able to manage and control. Thus, managers are not likely to engage in hedging even though there are compensation scheme. Yet, the hedging may reduce the other unrelated financial risks of the company value. Indirectly, this is strengthening the relationship between share price and management performance. In the market imperfections, the external financing is more costly and cause the risk to the companies. This is consistent with the study of Froot et. al. (1993) suggested that market imperfections is explained why external funds are more high costs as compared to internal costs. In addition to internal financing, the companies are highly dependent to the external financing to funds their investments. Froot et. al. (1993) also concluded that the costs are higher when a company is facing difficulty to finance funds from external and this will result in the shortfall of their cash flow by assuming other things equal. Thus, the companies should go for hedge to prevent the fluctuation or shortfall of their cash flow. Company that facing market imperfection is more likely to hed ge against the risk in their companies and this theory is supported by Haushalter (2002).

Bolivars End Of The Second Republic - 1199 Words

Bolivar returned to fight another day in 1813. He declared a ‘war to the death’ against Spain. He gained support from Colombia and drove the Spanish out of the Magdalena River area and amassed himself a large army. Civilian leaders in Cartagena then gave him permission to liberate western Venezuela. He did so and continued to take Caracas in August of 1813. This was known as Simon Bolivar’s â€Å"Admiral Campaign†. He went on to declare a second republic and assumed his role as a military dictator. â€Å"The Second Republic collapsed within a few months, however, because Bolivar had failed to win the support of the non-white, many of whom were instead recruited to fight with those loyal to the king.† What also led to the fall of the Second Republic was the â€Å"Infernal Legion† that consisted of skilled lancers claiming to give back to the poor and loyal to Spain. Led by Thomas Boves they fought the patriots, under General Jose Felix Ribas, at the battle of La Puerta where Boves won. General Ribas was able to keep him out of Caracas until the second battle of La Puerta June 1814 where the patriot army was in disarray and devastation. Boves took Valencia and then Caracas bringing a fall to the Second Republic of Venezuela. After the defeat, Bolivar returned to New Grenada until 1815. Under the Second Republic Bolivar and his ‘ war to the death’ killed any Spaniard he came across if they were not active on the patriot side creating the bloodiest part of this revolution. ThereforeShow MoreRelatedMorelos, Bolivar and Latin American Independence Essay943 Words   |  4 PagesNation to justify his ideals concerning a democratic state that was heavily theocratic in manner. Bolà ­var, in contrast had a more efficient plan. In his Address Delivered at the Inauguration of the Second National Congress of Venezuela, Bolà ­var supports the idea of governing Latin America as a republic. The Sentiments of the Nation is a defensive piece that lays the groundwork for Morelos’ Constitutional Decree for the Liberty of the Mexican America. The article has twenty-three points all of whichRead MoreSimon Boliver : The Revolutionary Leader912 Words   |  4 PagesBolà ­var was seeking the support of Britain. There, he met Francisco de Miranda and invited him back to his homeland to participate in his young republic government. Unfortunately, when Bolà ­var returned from Britain, he discovered that a civil quarrel was happening between the patriots and the royalists. This laid the groundwork but the First Venezuelan Republic in 1811. This voted for complete independence, plus dropping loyalty to the King. Adding to the string of unfortunate events, a massive earthquakeRead More Simon Bolivar Essay603 Words   |  3 Pagesdiplomatic mission. It was a failed attempt to gain an alliance. He returned to Venezuela in 1811 and won a battle in Valencia. Quickly he looses the port of Puerto Cabello to the Royalists during the First Republic. However he was able to recoup his troops in 1813 and institute the Venezuelan Second Republic with himself as the ruler. By this time Bolivar had not fully established himself as a leader from the warlords and other patriots. Without their support he was chased out of Venezuela. He took refugeRead More The Role of President Hugo Chavez in Venezuela Essays4884 Words   |  20 Pagesfor Venezuelas oil. Political History In 1958, the first popularly elected president to complete his term, Romulo Betancourt, implemented a crude form of democracy that guaranteed economic distribution to all classes. From 1958 until the end of Andres Perezs first term in 1978, Venezuelas economic performance was characterized by steady growth. Oil rents provided a stable flow of income, which was distributed by the state to promote national development and to meet the extensive welfareRead MoreRevolutionary Changes in the Atlantic World, 1750–185010951 Words   |  44 Pagesonly to a minority of the adult male population and which protected slavery. The French Revolution, 1789–1815 A. French Society and Fiscal Crisis 1.French society was divided into three groups: the First Estate (clergy), the Second Estate (hereditary nobility), and the Third Estate (everyone else). The clergy and the nobility controlled vast amounts of wealth, and the clergy was exempt from nearly all taxes. 2.The Third Estate included the rapidly growingRead MoreAbortion6774 Words   |  28 Pages Andes Mountains D. Tropical rainforest climate E. None of the above 21. In 1808: *A. Rio de Janeiro became the seat of the Portuguese Empire B. Napoleon threatened to take over Sà £o Paulo C. Brazil began its dominance of the Spanish republics, making them the equivalent of colonies D. the Spanish began to make inroads into Brazilian territory E. the Amazon River basin was lost to former leaders of the Incan Empire Cultural Fragmentation 22. Which of the following is not a

Piaget s Theory Of Cognitive Development Essay - 1293 Words

When talking about human development, we are referring to the growth of humans in all aspects throughout their life. In this essay, I will be discussing two types of human development. Cognitive development, which is to do with the ability to think, remember and reason, and Social development, which involves relationships and interactions in the world around the individual. I will focus on how they relate to two significant experiences in my life and how these experiences were critical to my development as a learner. I will do this by analysing these experiences through Piaget’s theory of cognitive development including key concepts of equilibration, adaptation and former-operation cognitive stage, and Bronfenbrenner’s bioecological systems theory including key concepts of the microsystem, mesosystem, and macrosystem. Piaget’s theory of cognitive development is the theory I will be using to analyse my first significant experience. According to Piaget’s theory of cognitive development, during childhood and adolescence, a child constructs an understanding of their environment by organising information into schemas, a schema is basically a group of ideas about an object or an experience. If the individual comes across an inconsistency, or an object or an experience that is unfamiliar, their cognitive balance is upset and they begin to seek cognitive balance, this process of seeking balance is called equilibration. They achieve this equilibration through Adaptation, by eitherShow MoreRelatedPiaget s Theory Of Cognitive Development1289 Words   |  6 Pagesare many great cognitive theorists, but the one that comes to mind is a development psychologist by the name of Jean Piaget. One of his prized declaration was in 1934, where he declared that education is capable of saving our society f rom collapsing whether its violent or gradual. Piaget had a key effect on education and psychology, and because of that effect he made many contributions to learning and to cognition. One of most important contribution was a model that was made by Piaget. This modelRead MorePiaget s Cognitive Development Theory1077 Words   |  5 PagesAccording to Piaget (1957), cognitive development was a continuous restructuring of mental processes due to varied situations and experiencing the world and maturing biologically. His view of cognitive development would have us look inside a child’s head and glimpse the inborn process of change that thinking goes through. â€Å"He was mainly interested in the biological influences on â€Å"how we come to know’† (Huitt and Hummel, 2003). Piaget’s views helps us to have appropriate expectations about children’sRead MorePiaget s Theory Of Cognitive Development1813 Words   |  8 Pages ECH-130 Sociocultural Tables LLlllll Cognitive Development Definition Examples of Application of Concept Strategies to Support and/or Assess Learning Birth to Age 5/Pre-K Piaget Sensorimotor stage: :the first stage Piaget uses to define cognitive development. During this period, infants are busy discovering relationships between their bodies and the environment. Researchers have discovered that infants have relatively well developed sensory abilities An infant who recently learned how to rollRead MorePiaget s Cognitive Theory And Cognitive Development1494 Words   |  6 Pages 1) Examine how Piaget’s cognitive theory can help to explain the child’s behavior. Piaget confirms â€Å"Each cognitive stage represents a fundamentally new psychological reorganization resulting from maturation of new functions and abilities† (as in Greene, 2009, p.144). The case Vignette describes Victors’ stages of development through Piaget’s stages of cognitive development as exhibited behavior that occurred during the sensorimotor, preoperational, as established areas. Victor experienced a normalRead MorePiaget s Theory On Cognitive Development1449 Words   |  6 Pagesstrengths and weaknesses of Piaget’s theory on cognitive development. It will focus on Piaget’s work highlighting positive attributes and how they’re being applied in modern day and also delve on key limitations of the theory. Piaget was a Swiss psychologist who was interested on why children would give similar but wrong answers in an intelligence test (Vidal, 1994). Based on his observations, he concluded that children undergo sequential cognitive d evelopment patterns which occur in defined stagesRead MorePiaget s Theory Of Cognitive Development969 Words   |  4 Pages20th century, the development of psychology is constantly expanding. Erikson and Piaget are two of the ealier well known theorist, both being significant in the field. Their belief s are outlined in Piaget s Cognitive Development Theory and Erikson s Psychosocial Development Theory. These theories, both similar and different, have a certain significance as the stages are outlined.Erikson and Piaget were similar in their careers and made huge progressions in child development and education. WithRead MorePiaget s Theory Of Cognitive Development1519 Words   |  7 Pagesrelates to both Piaget and Vygotskian theories in the sense that they describe how the child s mind develops through different forms of stimuli that occur during early childhood. Piaget s theory focuses mainly on things such as; how children think; how the world around them is perceived and how th e newly found information is explained through the language they use. Vygotsky s theory however differs as the effects of different forms of social interaction occur in cognitive development such as; internalisation;Read MorePiaget s Theory Of Cognitive Development1111 Words   |  5 PagesPiaget’s theory of cognitive development Piaget’s theory of cognitive development was based around his belief that children will develop their intelligence through a series of stages: Sensorimotor (birth – 2yrs), Preoperational (2-7yrs), Concrete Operational (7-11yrs) and Formal Operational (11+). He believed these stages to be invariant, the same stages taking place in a fixed order, and universal, the same for every child regardless of their background or culture. (McLeod, 2015) Piaget believedRead MorePiaget s Theory Of Cognitive Development Essay1790 Words   |  8 PagesCognitive developmental theories provide a framework for understanding about how children act and perceive the world. However, every theory has both strengths and weaknesses. A certain theory may explain one aspect of cognitive development very well, but poorly address or completely ignore other aspects that are just as important. Two well known theories of cognitive development are Piaget’s stage theory and Vygotsky’s sociocultural theory. As I plan to be a pediatric nurse, these two theories willRead MorePiaget s Theory Of Cognitive Development1325 Words   |  6 PagesJean Piaget developed a systematic study of cognitive development. He conducted a theory that all children are born with a basic mental structure. He felt that their mental structure is genetically inherited and their learning evolved from subsequent learning and knowledge. Piaget’s theory is differ ent from other theories and he was the first to study a child’s learning by using a systematic study of cognitive development. His theory was only concerning the learning of children, their development

Conflict Management, Interpersonal Communication, And...

The reading of this forum presented concepts of conflict management, interpersonal communication, and motivational theories and their significance to the overall success of an organization. As we dig deeper into the material for leadership and management, the shining theme throughout our readings has been self-less leadership (Satterlee, 2013). This week, we focused on the importance of interpersonal communication, and conflict management. Owner, leaders, and managers must understand the importance of communication especially if any conflict may arise. To finish, the textbook readings provided valuable insight on the importance of job and behavioral based theories in management. Group Consensus The group has decided that the top three†¦show more content†¦It is important in conflict management to know how to properly channel the emotions that are involved and get down to the â€Å"roots† of the issue. Leaders and managers must understand the parties at the center of the conflict to minimize and properly manage conflict (McKibben, 2017). Interpersonal Communication The success of an individual and their organization depends on how well they manage interpersonal communication (Dreu, Evers, Beersma, Klewer, Nauta, 2001). Interpersonal communication can be described as the inner workings of the own personal character and the way that individuals deal with each other in the workplace. When an individual understands themselves, and can manage their emotions and needs properly, then the entire organization will benefit. Interpersonal and organization communication is important for an organization to consider because communication creates a sense of trust, clarity, and collaboration within an organization. We all will have to communicate with others at one point or another. It is important for each member of the team to trust one another, and the best way to do that is to be open and honest with each other (The Johari Window). Chapter five of Satterlee’s text, covers a wide range of material based on the barriers o f communication, interpersonal communication, and overall office etiquette. Communication is one of the most important manifestations of interaction between employees and their workShow MoreRelatedMotivation and Conflict Resolution Essay753 Words   |  4 Pages Motivation and Conflict Resolution Conflict in the workplace is detrimental to employee motivation. An essential part of motivating employees is fostering trust and providing job satisfaction. Effectively resolving conflict is critical to the success of the organization, but is only one aspect of employee motivation. There are motivational theories that help organizations understand workplace relationships, organizational behavior, and their effects on employeeRead MoreLeadership And Motivation Theory Connection1251 Words   |  6 PagesLeadership and Motivation Theory Connection The Army defines leadership as influencing people by providing purpose, direction, and motivation while operating to accomplish the mission and improve the organization (Schoomaker, 2007). The leaders in an organization use leadership styles that range from Charismatic to Transformational to motivate their subordinates to execute each task at a high level. They also use individual and organizational goals to establish an emotional connection between theRead MoreOrganizational Behavior Essay1591 Words   |  7 PagesThe field of organizational behavior systematically studies these attitudes and behavior and provides advice about how organizations can manage them effectively. The goals of the field include the prediction, explanation, and management of organizational behavior. Management is the art of getting things accomplished in organizations through others. It consists of acquiring, allocating, and utilizing physical and human resources to accomplish goals. Personality is important for organizational behaviorRead MoreJob Descriptions1311 Words   |  6 Pagesimproving committee effectiveness? They are having competent members, having committee properly charged, selecting or electing a competent chairperson, and recognizing/rewarding committee accomplishments. 3. Name the steps in the personnel management process. How does each step relate to the other steps? They are staffing, human resource planning, and auditing human resources. Each step is responsible for the success or failure of the next step. 4. Distinguish between job descriptionRead MoreIn The 1960S, Lewin Was One Of The First To Address Employees’1139 Words   |  5 Pagesneeds but also his superior needs, by trusting him with responsibilities, for example (McLeod, 2016). One of the most interesting work I found was Frederick Herzberg’s. He is really famous in the business management world; he analyzes motivation along two lines: hygiene factors and motivational factors. Hygiene factors are salary, working conditions, safety and status. The factors of motivation are the responsibility of the tasks, the recognition of the hierarchy, the evolution of career and theRead MoreNotes On Xyz Ltd.979 Words   |  4 PagesXYZ Ltd. Information technology company which has been substantially growth showing in last four year. But there has been some problem like less communication, lack of energy and synergy and all occurred in last three month in HR department and inter department. Let’s discuss about the problem and their solution. 1. Analysis A). Two motivational theories which is applicable. As per the case study the company have great interfuse youth and experience staff. But there was some issue in HR and otherRead MoreMgt 307 Final Exams 3820 Words   |  4 PagesMGT 307 Final Exams http://www.finalexamguideline.com/MGT-307-FINAL-EXAM-3-29.htm 1) __________ is a multidisciplinary field devoted to understanding individual and group behavior, interpersonal processes, and organizational dynamics. 2) Scientific methods models link _________________ - presumed causes, with _________________ - outcomes, of practical value and interest. 3) From its scientific heritage, organizational behavior has developed all of the following EXCEPT: 4) In theRead MoreTeam Development Process And Steps1596 Words   |  6 Pagesï » ¿Effective Team and Performance Management Table of Contents Abstract †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3 Task 1 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 4 Task 2 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 5 Task 3 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 6 Task 4 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 8 Conclusions †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 8 Reference list †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9 Abstract The following pages focus on presenting the performance of teams and some ofRead MoreConflict Management Styles Among Corporate Ceos Nigeria1430 Words   |  6 Pagesframeworks used, and identifying which frame work best applies to the topic: â€Å"Conflict Management Styles among Corporate CEO’s in Nigeria†. Also the extract below introduces the theory of â€Å"conflict management† thus describing the conceptual perspectives that informs the different forms behavior by which conflict may be handled. Conflict management Rahim and Bonoma (1979) researched and separated the styles of managing conflict. The two authors devised two basic dimensions namely: â€Å"concern for selfRead MoreMicrosofts Human Resource Management Strategy679 Words   |  3 PagesRESOURCE MANAGEMENT STRATEGY EXECUTIVE SUMMARY The Company Profile: Microsoft Corporation Importance of Strategic Human Resource Management Talent Management Strategies Compensation and benefit packages for employees Policies and practices for Labor relations management Comparison with the Competitors Conclusion OBJECTIVES OF THE HRM STRATEGY To design effective talent management strategies; including recruitment and selection, motivation and retention, performance management, etc. To

Essay on Environment free essay sample

These environmental components are considered as the resources and are mostly exploited and utilized by the men to fulfill their basic physical needs they can be considered as the fellow members of the global eco-system with which men establish emotional, intellectual, or physical relationships and these provide the basis for a sense of purpose of life to them. Thus, man is firmly placed as an important part of the global ecosystem, which depends on him much as he depends on it. Hence, there is a close relationship between man and environment. Solutions/ ideas I do some things to make myself more environmentally friendly. I walk to school instead of driving because I live about two blocks away. I also take the bus when I go downtown or my friends house. When I need to get somewhere and many people are going, I carpool with some friends. I recycle any cardboard boxes and milk cartons, and I reuse water bottles and fill them with filtered tap water instead of buying more water. We will write a custom essay sample on Essay on Environment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I take short showers and I dont leave the facet on when I am brushing my teeth. My mentor told me that a clean work place reduces the chance of people spreading any diseases. He also told me that many people are ill because their houses or work places are unsanitary. A clean environment is good for everyone, but we are far from one. If we continue what we are doing, most of our natural resources would be gone and our future generations would have nothing to survive on. We should focus more on renewable energy sources like the wind, sun, and maybe even rain instead of wasting all of our fossil fuels. We also need to do more with our trash instead of burning or burying it. I hope that if apply my studies to environmental problems and coming up with a solution to them, I can help make a better future for everyone The environment is really something we should start worrying about more than war or making more and more money. the explosion of the first nuclear weapon clearly made us reconsider the idea of war† (McKibben 500) This is because the nuclear weapons we had created a weapon that could not only kill millions of people but leave the soil poisoned with radioactivity, leave a nuclear winter behind, and even send society back to the Stone Age. Now we could affect the natural world in a massive and significant way, unlike before when our actions had little effect on the environment around us There are many environmental issues facing our world today. If I were given a year to improve the earths environment I would focus on one issue the world faces today, it is our dependence on oil. This dependence we have is so strong we have started wars, killed and deceived people for oil. I think it is time we do something about it and try and find an alternative form of energy. Because soon this problem will be too much for us to handle and by then it will be too late. Oil has become a pressing issue for both the USA and the world in the past century partly due to the fact that we are either too lazy or some people are too greedy to find an environmentally sound solution to our increasing dependence on it. There are many environmental problems linked to oil both directly and indirect.

Quality Management Operational Excellence- Myassignmenthelp.Com

Question: Discuss About The Quality Management Operational Excellence? Answer: Introduction TQM (total quality management) is the continuous process that helps the company in reducing and eliminating the errors. The error or default might occur in the internal business process such as manufacturing, enhancing the customer experience, supply chain management, and ensuring that the employees are properly trained (Dale, 2015). This assignment is based on the assignment 2 which is based on Dominos, the assignment 2 talks about the tools and techniques of TQM. This report is written to the owner and the board of directors of the company. The report shows the benefits of the TQM and the implementation of the TQM in the company. Benefits of TQM TQM is an approach that is used by the company to bring the improvement in the processes of the business (Goetsch, Davis, 2014). Increased profitability: - Company will be able to earn more of profit if company apply TQM. With the help of the TQM the company will bring the improvement in the quality of the products and services it is delivering to the customers that enhance the sales of the company and ultimately profit will increase (Mitra, 2016). Increased employee motivation: - The company believes that the employees of the plays a vital role in the working of the organization. The employees will participate in the ongoing process of the TQM that leads to the success. This success of the company will motivate the employees and helps in enhancing the morale of employees. Changes in the business once TQM is implemented Once the company will implement the TQM, there will be changes in the internal process of the business. The customer satisfaction and loyalty will increase because they get quality products. The quality of the products will improve because of the implementation of the TQM in a company. This customer satisfaction enhances the brand value and brand position in the market (Charter, 2017). The employees of the company dont have to do repetitive work that encourages the employees towards maintaining the quality in the work. TQM brings the improvement in the delivery timings of the products that enhance the customer trust and enhance the sales of the product. This will enhance the profit of the company. Principles of TQM The company's owner and the directors can implement the principles of the TQM that helps the company in influencing the culture and the behavior of the employees (Talib, Rahman, Qureshi, 2013). Producing Quality work TQM helps the company bring the quality into the internal processes of the business. To achieve the quality that is required for the company to provide proper training to the employees to enhance the capabilities and skills of the employees. The Dominos bring the quality in the product which is highly demanded by the company. Focus on customer The expectations and demand of the customers matter a lot for the company. The marketing team of dominos makes sure that they are able to analyze the demand of the customer through social media, e-mail, survey, company's website, survey (Sallis, 2014). Once the demand of the customer will be fulfilled company will be able to enhance the share value of the company. Strategic approach to improvement This is a duty of the purchasing department of dominos is to check the quality of the raw material. The purchasing department checks the quality of the suppliers offers in the raw material that the company provides. The company makes the deal with the suppliers who give the assurance of the quality. Improve continuously Training and development of the employee will improve the quality of the products and services so that the company will be able to accomplish the strategic goals and objectives. The HRD team of Dominos makes sure that they hired employees having qualification so that they can meet the expectations of the organizations. Encourage mutual respect and teamwork The leaders and the managers of the company make sure that their team members work together and respect each other. Teamwork and mutual respect increase a value in the culture of the organization that helps the company in retaining the employees of the Dominos. Demings fourteen points on quality The Demings 14 points on quality are core processes that guide a way to the Dominos to implement the TQM process in the company (Akhter, 2014). Create a constant purpose toward improvement Long-term quality improvement comes with the implementation of the TQM. The innovative ways help the company to solve the current and the future challenges of the business. Adopt the new philosophy New vision of handling the quality of the product and services will help the company in fulfilling the needs and expectations of the company. Stop depending on inspections inspection is the costly and time-consuming process. The business should not be depended on the inspection but they should bring the improvement. Use a single supplier for any one item The business should form a good relationship with the suppliers who can assure the quality. The company can motivate the company to enhance the quality of the raw material (Nanda, 2016). Improve constantly and forever The business should continuously improve the quality of the products that company delivers. Use training on job The on job training helps the company in understanding their role in the achieving the goals and success of the company. On job training helps the employees in understanding the cultures and values of the Dominos (Gimenez-Espin, Jimnez-Jimnez, Martnez-Costa, 2013). Implement leadership The leader and manager of the company need to understand the employees and have to guide them so that they will able to maintain the quality in their work. Eliminate fear The employees and the leader should always try to follow the open and honest communication to avoid the unnecessary fear of the employees in the organization. Break down barriers between departments The organization should try to follow cross-functional department that helps the smooth working of the business. The department in the organization should focus on the collaboration and consensus instead of compromise. Get rid of unclear slogans Slogans use should be avoided by the managers of the employees. The manager should not use unclear slogans to praise the employees. The company should always use the face to face communication to praise the employees. Eliminate management by objective It is not necessary for the company to achieve the goals but it is must to achieve the quality. It is the responsibility of the manager to understand the capabilities of the employees in order to bring the development of the employees. Remove barriers to pride of workmanship Incentive, Pay, rates, work standards, piecework shows administration lack of understanding. The company should provide the pride to the employees for doing the quality work. The monetary benefits will only enhance the competition and some conflict among the team members. Implement education and self-improvement The company should make their employees capable of dealing with the current as well as with future changes or challenges. The Dominos company employees know very well how to deal with the future environment because they provided proper education and self-improvement sessions to their employees. This helps the employees to deal with the dynamic conditions. Make transformation everyones job The organization always motivate the employees to step towards the improvement of the quality. The manager and the leader make the employees understand that their role in the improvement of the quality process. Every business brings the new and effective change in the implementation plan of the TQM. Conclusion The company who is looking to achieve the profit along with the brand value and reputation should implement the TQM in the business. This is the only way for the Dominos to bring the improvement in the quality and leads to the success for the long-period of time. The main aim of the report is to make the owner understand that the implementation of the TQM is beneficial for the company (Oakland, 2014). The Demings fourteen points on quality help the company for the effective implementation of TQM in business. References Akhter, S. (2014). Deming Management Method in the Readymade Garments Industry of Bangladesh. Journal of Management, 9(1), 178-189. Charter, M. (Ed.). (2017). Greener marketing: A responsible approach to business. Routledge. Dale, B. (2015). Total quality management. John Wiley Sons, Ltd. Gimenez-Espin, J. A., Jimnez-Jimnez, D., Martnez-Costa, M. (2013). Organizational culture for total quality management. Total Quality Management Business Excellence, 24(5-6), 678-692. Goetsch, D. L., Davis, S. B. (2014). Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Mitra, A. (2016). Fundamentals of quality control and improvement. John Wiley Sons. Nanda, V. (2016). Quality management system handbook for product development companies. CRC Press. Oakland, J. S. (2014). Total quality management and operational excellence: text with cases. Routledge. Sallis, E. (2014). Total quality management in education. Routledge. Talib, F., Rahman, Z., Qureshi, M. N. (2013). An empirical investigation of relationship between total quality management practices and quality performance in Indian service companies. International journal of quality reliability management, 30(3), 280-318.

Me Myself and Irene free essay sample

This is one of my favorite movies of all time, and it stars my favorite actor, Jim Carrey. Here is a brief plot summary of the film. It starts with a very subtle mild mannered patrol officer called Charlie Baileygates ( Jim Carrey) getting married and having his wife leave him for the black limo driver, dropping three black kids in his lap. Charlie was such a pushover that he said that the kids were black because of his great grandmother, this is just an example of his gentile and gullible nature. Eventually as the years past him by and his kids grew, a series of misfortunes stretched over decades built up within him a furious rage which finally erupts in the form of Hank Evans, his alter ego, his other personality if you will, as nice is Charlie was is how mean Hank became, he was the type of person who wouldn’t take anything from anyone, get into a fight against impossible odds even if he was going to loose just to hurt the other party, and even steal ice-cream from kids and growl at them when they cried! Throughout the movie Hank appears whenever Charlie is hurt or in over his head to save the day, which is an example of Charlie running away from his inner demons, in the beginning it was either one or the other, Charlie or Hank who appears, but in the final scene they both appear taking over different parts of the body in a hilarious all out brawl over who should really own the body and who should disappear. We will write a custom essay sample on Me Myself and Irene or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the end, charley, driven by the love he felt for the woman he was supposed to be protecting, and fearing for her life when she is taken hostage, pushes himself out of his cocoon of safety and decides to take actions into his own hands, driving Hank away for good. What Charlie suffered from in this movie was a rude and violent split personality, caused by Advanced Delusionary Schizophrenia with involuntary Narcissistic rage. That is the mental disorder I will be talking about in this paper. I will begin by splitting the diagnosis in half and talking about Schizophrenia first, then the narcissistic rage, and finally how the two go together. Schizophrenia is defined as a serious mental illness characterized as a loss of cognitive analysis, contact with reality, and a lack in emotional responsiveness. It commonly results in delusions and paranoia resulting in severe social and professional dysfunction for the individual, it is extremely rare and only affects about 1. 5% of the worlds population, targeting mainly young adults. Diagnosis is given based on the patients testimony and through several personality tests, there is no clinical laboratory test for Schizophrenia. Put simply Schizophrenia is a split personality disorder where the afflicted individual seemingly has two different personalities; some can be very extreme such as the case of Charlie. To the more spiritual Schizophrenia might seem like two souls inhabiting the same body, two very different beings, life forces, living in the same shell, battling over its dominance. There are five main types of Schizophrenia, mainly paranoid, which is where delusions and hallucinations are present, but thought disorder and lack emotional responsiveness are not, secondly, disorganized, where thought disorder and the flat effect (no emotional reactivity) are both present. Thirdly there is the catatonic type, where the individual might sit still and no nothing for extensive periods of time or display agitated fidgeting. Fourth is the undifferentiated type, which implies that the psychotic demeanors are present but the criteria for the first three types have not been met, and finally there is simple Schizophrenia which is when delusions and thought disorder are present but in a very low concentration. Charlie was the paranoid type, as hank only came out when something bad was happening but both himself and hank could process everything like normal people, but in different ways. Delusions and hallucinations were present, but they were certainly not lacking in the areas of cognitive thinking (they could both plan escape routes and plans of action very efficiently), disorganized behavior (Hank was a bit psychotic but that was his nature), or emotional reactivity (they both fell in love with the same woman but only Hank (the bad boy) got laid! ) Secondly there is narcissistic rage, which is defined as a violent reaction to narcissistic injury, or attacks on a person’s image of self-worth or self esteem. Normally when a narcissist is under attack and feels like their image is being demeaned, their first reaction is one of rage in an attempt to bring down their attackers own self-image in order to feel better about their own. It’s the narcissist’s self defense mechanism against injuries to their self worth and should not be confused with anger, although the two are very similar there is a major difference, what might ause narcissistic rage to a narcissist, will not result in anger from a person not suffering from this disorder ( I think I might have it! f**k! ) †¦. (Ok now I know I have it because I’m really angry that I have it! Goddamnit! I’m a crackhead! Excuse the language I’m a bit flustered†¦. wow†¦ narcissistic rage†¦ who would have guessed? You were right! ). Another cause of narcissistic rage is when the narcissist is being prevented from achieving their ‘grandiose fantasies’ such as getting an A on a paper, totally hypothetical example! I did not understand these terms when I watched the movie over and over again, but now I see how the two work together hand in hand in order to make this dynamic duo of Charlie and Hank. Charlie was the pushover and he kept holding everything in, one day he finally snapped (this is where the narcissistic rage comes in) but being the person he was he could not do anything about it. Research has shown that episodes of narcissistic rage can actually trigger Schizophrenia! And this is where Hank comes in to make his grand appearance, as Charlie’s way of relieving his anger. Now that I think about it, every single time Charlie became Hank he was demeaned in some way, people made fun of him, he got knocked out, the machine robbed him, whenever he was about to get into a fight or confrontation, or if he was ever loosing one, his narcissistic rage would kick in and Hank would come out to save the day. In the final scenes when his loved one is taken hostage, even when he was already beaten, he was too scared to run away and leave her alone, he wanted to save her, he screamed out â€Å"I’m not running away anymore! intended for Hank who was holding his leg hostage because he wanted to be let out, at that moment Hank was gone forever, Charlie stood up for himself and faced his demons, the ones he was fleeing from the beginning of the movie, no longer bottling up his fears or confrontations but instead facing then head on, his narcissistic rage was gone, an with that the trigger for his Schizophrenia, and Hank. Charlie proceeded to save the girl himself and they lived happily ever after, he doesn’t take the medication anymore. â€Å"Noble fear can make a lion out of the lowliest cur† (my own! )†¦. The human psychology is an intriguing concept Go figure.