Love Essay - 454 Words

Love Love is difficult to define, difficult to measure, and difficult to understand. Love is what great writers write about, great singers sing about, and great philosophers ponder. Love is a powerful emotion, for which there is no wrong definition, for it suits each and every person differently. Whether love is between family, friends, or lovers, it is an overwhelming emotion that can be experienced in many different ways. People experience love for the first time by being part of a family. Family love is demonstrated through lessons of sacrifice, concern and compassion, from the cradle to the grave. There are many different levels and conditions of family love. It is the love we cherish between our intermediate family and our†¦show more content†¦A close-knit loving bond between two people can begin with a friendship. Whether it is a friendship between two males, two females, or one male and one female, these friendships will develop into love. In no way is it a romantic love, but this type of love connects and bonds friends. Friends may move away or friendships may wane, but the love between the two people burns on forever. Romantic love is a love that not every person will experience. It is a type of love that is not there at the beginning, but grows within the individual. When one finally finds the love they have been looking for, one can not imagine life with anybody else. Romantic love is a connection between two souls that is captured with a feeling that is not only felt within the heart but within their body as well. I have never been in love with a girl; I can only imagine what it might be like to be in love. Guessing from my sister’s relationship with boys, it seems like a big headache instead of a wonderful feeling. To simply write a definition of love is complicated because every person has a different perception of love. The only way to capture the true meaning of love is to experience the feeling and find out for oneself, what love is. In our lives and the lives of others, love is evident. Whether it is between family, friends, or lovers, love is a preciousShow MoreRelatedThe Love Of Love And Love1732 Words   |  7 Pagesstill today, love is one of the most talked about topics, from the media to our everyday lives. It is described as being one of the best feelings on earth, and one that many cannot live without. Being in love gives a feeling of purpose; something to live and strive for. Everyone in this world desires love in any form, whether it is with family, friends, or a romantic partner. It is a basic human need. Basic needs are said to motivate people when they are essentially unmet. When love and affectionRead MoreLove And Love : My Love Of Love724 Words   |  3 Pagesthis did not stop me, and I continued my kindergarten career chasing after a boy in my class, making him hold my hand every time we went to recess. Alas, this crush continued until middle school, and I will always remember this boy as my first-first love at sight. Despite the infatuation my six year old self found herself in, there laid a sort of mystery around girls. It was not until I was in sixth grade when I started developing an inclining around the other girls I spent a majority of my time withRead MoreLove : A Kind Of Love1671 Words   |  7 Pages Intro to lit. 125 A Kind of Love Love is eternal. The boundary of love is not defined yet and can never be defined. Love has created a wonderful cities and has also destroyed the wonderland. Some classify love as something that you feel for some people sometimes. It is often linked or used interchangeably with lust. Others feel that it is something that is constant and untouched by judgement and feeling. The true eternal love is hard to find in this world and few lucky peopleRead MoreLove : Love And Relationships Essay1213 Words   |  5 PagesLove and relationships Love is a significant aspect in people’s lives that requires commitment and attention. Despite the many assumptions on love, it is important to understand that happiness in love comes from sharing not only the good but also the bad. In order to have a successful relationship, there is need to understand that love requires sacrifices as well as endeavoring to cultivate love for mutual benefit. If true love existed in the world, there would be no need for divorce. EveryoneRead MoreLove And War And Love1513 Words   |  7 Pageswar and love. They also have their own opinions on a way to go about these things. These two subjects seem to be completely opposite of each other, but they still manage to tie in together. They might not be the same thing but in certain scenarios they can be viewed as the same thing. For example, in some situations love can be considered the same as war. However, love and war can contradict themselves at the same time to. Sometimes, love can bring war, but war can also lead people to love. It allRead MoreFriendship, Love, And Love1401 Words   |  6 PagesFriendship and romantic love are two of the most fundamental relationships that human beings engage in. As social animals, most humans are naturally drawn to form bonds of affection with other people. Both friendship and love, however, are difficult to fully define and conceptualize. The fundamental meaning of each has changed throughout the course of human history a nd appears in different forms among different cultures. Modern interpretations of friendship and love will guide this explication, asRead MoreLove : The Nature Of Love1912 Words   |  8 PagesThe Nature of Love in Till We Have Faces The concept of love is a varying, odd and often fleeting thing. It is one of the single things in this world that almost every person might have a different definition for. People have even created different languages in which to give and receive love so we might understand and better love one another, to which everyone s is different. Over time the definition of love has changed - yes it may always have stayed the same in the dictionary, but the perceptionRead MoreLove Is A Feeling Of Love1206 Words   |  5 Pagesare born to love. Love can be defined in an infinite amount of words, terms and definitions. More important than the definition itself is the actual act of love. Love is profound and we as humans encounter love at every, albeit different stages of our lives. For most individuals, we experience love as early on as birth, our first memories of love are generally between three and five years of age, whether that memory is being tucked in by a parent or relative, or a kiss g oodnight. Love is a feelingRead MoreLove Is The Type Of Love990 Words   |  4 PagesLove, a combination of strong emotions, concerns, and desires one feels for another human being. It could be shown by ones behavior and sexual attraction towards the person whom they love. There are many facets of love that was described within the text such as passionate, unrequited, companionate, consummate love and many others. The love type of relationship that I would be focusing on is an intimate partner kind of love. According to Sternberg, the ideal kind of love which consist of intimacyRead MoreLove1186 Words   |  5 Pagesis the theme of love. Philia, Eros, and Agape are the three types of love present in the play and are what represent the theme of love. 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Ac555 Week 7 You Decide Free Essays

Week 7 You Decide Course Project Keller Graduate School of Management Question 1 The Securities and Exchange Commission (SEC) would only have influence over Smackey Dog Foods, Inc. if they are a publicly listed company or if they register to become a publicly traded company. The SEC assists investors by providing reliable information to investors so they can make informed investment decisions. We will write a custom essay sample on Ac555 Week 7 You Decide or any similar topic only for you Order Now If Smackey Dog Foods, Inc. ecomes a public company, they would need to provide financial statements along with an opinion about the financial statements by an independent public accountant along with the registration statement and subsequent financial reports (Arens, Elder, and Beasley, 2010). Question 2 There are four things involved in the initial planning of an audit. According to Arens, Elder, and Beasley, 2010, they are: 1. â€Å"The auditor decided whether to accept a new client or continue serving an existing one, 2. The auditor identifies why the client wants or needs an audit, 3. To avoid misunderstandings, the auditor obtains an understanding with the client about the terms of the engagement, and 4. The auditor develops an overall strategy for the audit, including engagement staffing and any required audit specialists. † In relation to Smackey, Keller CPA’s need to make the decision as to whether or not they want to take Smackey on as a new client. Once that decision has been made, Keller needs to understand why Smackey wants or needs the audit. Smackey needs the audit in order for the bank to grant a new loan for expansion. Keller will now need to meet with Smackey’s managers to discuss and document what services they are going to be providing. Once that is determined, Keller will need to plan the audit strategy and determine if they are going to need to hire additional staff or any specialty staffing. Since they have no experience auditing a dog food company, Keller may need to bring in an auditor who has experience in this type of manufacturer. Question 3 According to Ayers, et al, 2010 the four phases of the audit are â€Å"plan and design an audit approach, perform tests of controls and substantive tests of transactions, perform analytical procedures and tests of details of balances, and complete the audit and issue an audit report. † In the plan and design stage of the audit, the auditor needs to understand the business and its environment, understand internal controls and asses control risks and risk of material misstatement (Ayers, et al, 2010). The second stage of the audit is where the test of controls and substantive tests of transactions are completed. In the third stage, analytical procedures and tests of details of balances are accomplished. In the fourth and final stage, the audit has been completed and the auditor comes to an overall conclusion and issues the audit report (Ayers, et al, 2010). In the first phase of the audit, Keller is going to have to gain an understanding of Smackey. They can do this by researching dog food manufacturing businesses and the industry as a whole. If necessary, they can hire an auditor who has experience in the industry to assist with the audit. One of the internal controls Keller needs to look at is the adequate separation of duties. In the warehouse, one person monitors production and shipment of their regular line of dog foods and is also responsible for preparing and approving all inventory records. Another control that needs to be examined is independent checks on performance. Since the sales manager is afraid to fly and can’t really drive, there is nobody checking on the performance of the sales people. With no monitoring of the sales people and their commission being paid in advance based on projections, close monitoring of sales should be accomplished. In performing a test of controls, the physical control over assets and records will need to be done. How the waste and returned dog food is being handled should be reviewed. Seeing the employees taking bags of dog food that have been thrown away is a red flag for fraud by the employees. Examining documents related to the inventory will need to be done as all inventory records are prepared and approved by one person with little inventory left in the warehouse but a lot of returns left on the shipping dock. This can lead to an understatement of inventory, understatement of sales returns, and overstatement of accounts receivable which is the proposed collateral for the new loan. Analytical procedures should be applied to the determination of commission that is being paid to Smackey salespeople. The commissions on the average are off by 11 percent showing that they may not be reasonable. The auditors also need to perform the analytical procedures for inventory to determine if the inventory is being misstated. This would be a concern due to the amount of waste and returns. The test of details of balances will need to be done on the accounts receivables to determine if they are properly stated. Question 4 Keller needs to discuss the weaknesses in Smackey’s internal controls with Sarah as the president and manager of operations. The internal control issues that need to be pointed out are the lack of separation of duties in the inventory production and records, the improper classification of accounts receivables, and improper checks on performance of the sales personnel. As soon as Keller became aware of the significant deficiencies in the internal controls of Smackey, they are required to notify in writing to the governing bodies of Smackey. A management letter should also be written giving suggestions for ways to make improvements in the internal controls (Arens, et al, 2010). Question 5 There are several types of confirmation Keller can use to verify Smackey’s accounts receivables. They are positive confirmation which is some type of communication sent to the account holder requesting they directly confirm whether the balance on the request is correct or incorrect (Arens, et al, 2010). There are two types of positive confirmation, a blank confirmation form where the recipient is asked to fill in the balance of the account or an invoice confirmation which is where an individual invoice is confirmed instead of the entire account. There is also a negative confirmation where the recipient is only requested to respond if the balance is incorrect (Arens, et al, 2010). Due to the fact that Smackey’s accounts receivable is a large part of the assets and they aren’t writing off any bad debt, Keller should use the blank confirmation form to determine if the balances of the accounts are correct. Question 6 The major factors that affect the sample size for confirming accounts receivable are the weakness in internal controls within the sales department, and the improper statement of accounts receivable. With no control over the sales department, there is a higher risk of fraud by collusion between the salespeople and the companies that owe money to Smackey. With almost 20 percent of the receivables classified as 90 days or older, there is a higher risk of accounts receivable being overstated by uncollectable accounts leading to a possible material misstatement in the financial statements. Question 7 The concern about the possibility of legal encumbrances on verifying the ending balance in property, plant, and equipment comes from the lawsuit filed by the employee who was fired for not owning a dog. In order to determine the likelihood of the employee winning the suit, Keller will need to send a confirmation request to the lawyer handling the lawsuit for Smackey. The request will need to ask what is the probability of the ex employee winning the lawsuit. If there is a high probability, then the confirmation needs to include the possible amount of the award against Smackey. Question 8 With controls over inventory being deficient, Keller will be present at the year-end inventory. The auditors will physically observe the counting of the inventory that is in the warehouse and on the shipping dock. The auditor will also observe to ensure the waste isn’t included in the physical inventory count. If the sales returns aren’t able to be resold, then the auditor needs to ensure they aren’t counted in the inventory. The observation is necessary to ensure the inventory isn’t overstated with what has been wasted or understated by not counting the sales returns that can be resold. Question 9 Inventory control weaknesses that exist in the inventory and warehousing cycle include controls over the physical count of inventory and pricing and compilation controls. Smackey should have documents that show the reporting f the inventory that is waste and the sales returns. There should also be a review of the inventory documentation but with Kim being busy with the Best Boy Gourmet line, she hasn’t been focusing on the regular product line. There should be documentation to show the sales returns being returned to inventory and there should be confirmation of th e inventory documentation by Kim. Henry shouldn’t prepare and approve the documentation one of those functions should be done by someone else. Question 10 Pete is breaking Rule 301 Confidential Client Information by discussing some of the details of the audit with Alan over beer. Rule 301 states, â€Å"A member in public practice shall not disclose any confidential client information without the specific consent of the client (Arens, et al, 2010). † Smackey didn’t give Pete consent to discuss the audit with his friend who also happens to be working for the bank Smackey is trying to get the loan from. Because Pete isn’t aware of Alan’s relationship with the bank, he isn’t violating Rule 101 – Independence. If none of the auditors obtain adequate understanding of the industry or business, they will be in violation of Rule 201 – General Standards, A. Professional Competence. Question 11 If Keller makes an intentional mistake, they can be held liable to Smackey or to the bank. If the intentional mistake results in Smackey not receiving the loan, they could sue Keller for negligence. The type of mistake would determine the degree of negligence. In an unintentional mistake, Keller could still be liable but could possibly defend themselves based on nonnegligent performance. Legal liability concerns regarding the Professional Rule violations are if the auditor doesn’t maintain independence, follow the requirements for technical standards, and doesn’t maintain confidentiality. How to cite Ac555 Week 7 You Decide, Papers

Implements Sustainability Policies and Practices †MyAssignmenthelp

Question: Discuss about the Implements Sustainability Policies and Practices. Answer: Introduction In todays business world, Corporate Social Responsibility (CSR) is considered as a major pillar for the success of the businesses. CSR refers to a particular business approach that has major coronation of towards sustainable development of the companies by delivering social, economic and environmental benefits to the stakeholders (Schwartz 2017). In recent years, it has been seen that the Commonwealth Bank of Australia (CAB) has been involved in the violation of different CSR principles with their business activities. This report takes an honest attempt to analyse and evaluate various aspects of CSR activities of CBA. CAB is regarded as one of the major banks of Australia providing different types of financial services to the Australians. It needs to be mentioned that CAB follows some practices and financial strategies to make financial decision making that have some connection with various CSR activities of the bank. For the identification of the relation of practices and financial decagons with the CSR activities, it is required to shed on them (commbank.com.au 2018). Three main categories can be seen in the practices of CAB; they are Governance practices, Social Practices and Environmental Practices. The policy of governance of CAB ensures professionalism, honesty, commonsense and fairness in the banking practices. The main objective of CAB is to implement the highest practice of corporate governance. Moreover, CAB always ensures the correct payment of their taxes (commbank.com.au 2018). In addition, CAB has various practices to fight with bribery, corruption, money laundering, fraud and others. The social practice of CAB ensures human rights, financial inclusion, diversity, responsible procurement and others. Apart from these, CAB has also developed strategies to fight with different environment factors like environmental management, climate change, responsible investing and others (commbank.com.au 2018). As a part of the financial strategies, the main aim of CAB is to provide the Australians with the required financial services like banking, fund management, insurance and others. Over the years, there has not been any change in the financial strategies of the bank (commbank.com.au 2018). The board of CAB has taken the decision of reviewing the remuneration strategy, framework and governance in order to provide transparency and accountability. Apart from this, CAB also taken the decision of strengthening the business of CommInsure and other business segments. These are the major financial decisions of CAB (commbank.com.au 2018). In the areas of CSR, the main approach of CAB is to launch various CSR programs and initiatives in order to assist the customers, support the communities and to ensure minimum impact on the environment. In order to increase the value of contribution towards the society and environment, CAB does the review of the emerging social and environmental issues for the development of effective CSR strategies. As a part of the CSR strategies, CAB has implemented different CSR strategies like carbon reporting, climate disclosure, respecting human rights and many others (commbank.com.au 2018). The above discussion indicates towards the presence of a positive connection between the practice and CSR principles of CAB. It can be said that the CSR principles of CAB is a large part of the practices of the bank. In the part of social and environmental practices, CAB has implemented different strategies by complying with the principles of CSR. However, the above discussion also indicates towards the absence of any connection between the CSR practices and financial decisions of CAB. It can be observed that CAB has taken the financial decisions by not considering any principles of CAB as the focus is to increase the business of the bank. Importance of Sustainability and Social Responsible Outcome for CBA In Australia, CBA is well regarded for their sustainability strategies and social activities. From the analysis of the sustainability report of CBA, it can be observed that sustainability, social responsibility is the daily focus area of CBA, and the development of various sustainability approaches can be seen for over the years (canstar.com.au 2018). Moreover, CBA considers their social responsibilities as one of the major parts of their business. As CBA is a major financial institute, it plays an integral part in the social development of various aspects like job creation, growth of the people of Australia, innovation and others. Thus, for CBA, the different sustainability and social responsibility related decisions they make have direct impact on the core business of them (canstar.com.au 2018). As a part of the diversity and inclusion strategy, CBA has achieved 35 percent women in the role of senior management; and the target is to reach 40 percent by 2020. Moreover, CBA has developed a framework for the integration of Environmental, Social and Governance (ESG) towards contributing more towards the sustainability and social responsibilities. It can be observed that CBA uses to provide industry-leading disclosures for carbon emission arising from the business-lending portfolio of CBA (commbank.com.au 2018). It needs to be mentioned that the company has been developing strategies for the continuous improvements of various areas like waste management, carbon emission, energy, water and others. Apart from this, CBA puts major emphasis on the engagement of their staffs and employees with these sustainability strategies and goals so that they can be effectively achieved. Thus, from the above discussion it can be seen that sustainability and social responsibilities have great prio rity to CBA as the outcome of them determines the success of the organization to a large extent. Identification of Ethical Principle Breached by CBA In the recent years, CBA has been facing major ethical issues due to their different unethical business actions. The major allegation on CBA is related with the case of money laundering. According to the statement of money-laundering watch AUSTRAC, there is a vats effect of the crime of money laundering of CBA on the common people of Australia as they have been exposed to major financial risks (abc.net.au, 2018). Apart from this, there has been many instances of unethical actions from the side of CBA like the misuse of medical reports of CommInsure, deleting the important files and many others. It needs to be mentioned that all these actions of CBA have breached some major ethical principles (wsj.com 2018). By manipulating the medical reports, files and others, CBA has violated the principles of honesty and integrity. It is required for the management of CBA to be honest and they should maintain the aspect of integrity. Apart from this, with the actions of money laundering, CBA has a lso violated the principle of loyalty and trustworthiness. People keep money in the banks in the presence of loyalty and trustworthiness (Crane and Matten 2016). The money laundering activities of CBA breached these two ethical principles. Most importantly, it can be observed that CBA has failed to continue their business operations in the fair manner and thus they have breached the principle of fairness. When analysing all these issues, the involvement of the senior management of CBA has been found (Weiss 2014). From this particular aspect, it can be found said that the management team of CBA has violated the ethical principle related with the leadership. Thus, based on the above discussion, it can be seen that CBA has breached some major ethical principles. Discussion of Ethical Violation with Ethical Theories It needs to be mentioned that there are different types of ethical theories that can be related with violation of the ethical principles of CBA. In this context, the ethical theory of egoism needs to be mention. The theory of egoism refers to act in someones own interest. In case of CBA, the involvement of the senior management of the bank can be seen in various unethical cases. Thus, the egoism theory indicates that the management of CBA has their own interest behind all these manipulations (Broad 2014). Apart from this, in this situation, the theory of utilitarianism can be mentioned. This particular theory states that being ethical is to do greatest good things for a great number or people. In case of CBA, it can be seen that the management of the bank has failed to do good things for the people of Australia due to the effect of different non-ethical activities like money laundering, manipulation in the medical reports and many others (Mill 2016). Apart from this two, there are ma ny other ethical theories that can be presented in the unethical case of CBA like virtue ethics theory, contract theory and others. Conclusion The above discussion analyses various aspects of CSR activities of CBA. From the above discussion, it can be seen that there is a positive relation between the practices and CSR activities of CBA where the lack of connection can be seen between CSR activities and financial decisions. The above discussion also states the CSR outcomes matter for CBA, as they are major success factor of the company. From the above discussion, it can be seen that CBA has violated some major ethical principles like honesty, integrity, trustworthiness and others. Some major ethical theories in this context are egoism theory, utilitarianism theory and others. References ABC News. (2017).Will CBA senior management at last be held to account?. [online] Available at: https://www.abc.net.au/news/2017-08-03/commonwealth-bank-latest-scandal-might-be-the-one-that-hurts/8772390 [Accessed 30 Mar. 2018]. Broad, C.D., 2014.Five types of ethical theory(Vol. 2). Routledge. Canstar.com.au. (2018).Commonwealth Bank Focus on Sustainable Business Practices. [online] Available at: https://www.canstar.com.au/home-loans/buying-next-home/commonwealth-bank-sustainable-business-practices-a-constant-focus [Accessed 30 Mar. 2018]. Commbank.com.au. (2018).Annual Report 2017. [online] Available at: https://www.commbank.com.au/content/dam/commbank/about-us/shareholders/pdfs/2017-asx/Annual_Report_2017_14_Aug_2017.pdf [Accessed 30 Mar. 2018]. Commbank.com.au. (2018).Commonwealth Bank implements sustainability policies and practices. [online] Available at: https://www.commbank.com.au/about-us/news/media-releases/2015/commonwealth-bank-implements-sustainability-policies-and-practices.html [Accessed 30 Mar. 2018]. Commbank.com.au. (2018).Corporate Responsibility Report 2017. [online] Available at: https://www.commbank.com.au/content/dam/commbank/about-us/shareholders/pdfs/corporate-responsibility/2017/2017-corporate-responsibility-report.pdf [Accessed 30 Mar. 2018]. Commbank.com.au. (2018).Policies and practices. [online] Available at: https://www.commbank.com.au/about-us/opportunity-initiatives/policies-and-practices.html [Accessed 30 Mar. 2018]. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Mill, J.S., 2016. Utilitarianism. InSeven Masterpieces of Philosophy(pp. 337-383). Routledge. Schwartz, M.S., 2017.Corporate social responsibility. Routledge. Stewart, R. (2018).Commonwealth Bank Faces Ethics Check. [online] WSJ. Available at: https://www.wsj.com/articles/commonwealth-bank-faces-ethics-check-1503945230 [Accessed 30 Mar. 2018]. Weiss, J.W., 2014.Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers.

The Glass Castle Essay Example

The Glass Castle Paper Reading has not always been my favorite hobby but this book really intrigued me and gave me further knowledge of the developmental of psychology. In the Glass Castle by Jeannette Walls we experience examples of social class differences, social influence, cultural influence, and individual influence. Jeanette uses her own life experiences for our understanding and it explains each family member and their lifestyle. In the book, Jeannette starts with a scene of her on her way to an event, worried about being over-dressed and sees her mother going through a dumpster. She feels guilty but shamed and gloom as well and realized she was socially privileged and skipped the party to embrace her comfortable home that showed individual influence. Due to this incident, she suddenly starts reminiscing her childhood and how her parents choices affected her. After seeing her mother, Jeannette called her mothers friend due to being homeless to leave a message that led to a lunch meeting later that week. Early in conversation, social class is differentiated as soon as Jeanette expresses she is ashamed of her parents and their homeless lifestyle. Because Jeanette is fortunate, she asks her mother if there is anything she can do to help her. I believe this shows social influence because in Jeanettes perspective she was being considerate but Jeanettes mother took offense and responded with What makes you think I need your help? (Wells 4). As well as culture, I believe social is expressed due to differences in classes as Jeanette is middle to upper-class and her mother is poorly under class. We will write a custom essay sample on The Glass Castle specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Glass Castle specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Glass Castle specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This scene in the book allowed me to connect to our curriculum because t showed connections between all individual influence, cultural influence, social influence, and differences in social class. Jeanettes mom responded to her daughters confession of shame right there. Thats exactly what Im saying. Youre way too easily embarrassed. Your father and I are who we are. Accept it (Wells 5). Her moms response gave me an example of social and cultural influence as well differences in class. Appearance has always been a social factor and I believe her mom really expressed social influence by explaining to her daughter If a woman looks good, she eels good (Wells 5). Jeanettes mom understands the different lifestyles her and her daughter have and believes they should accept one another. Jeanette and her mom differ in social ways such as Jeanette noticing the Joy her mother finds in digging in the trash because that is out of Jeanettes social norm. Jeanette was forced to mature quicker than a typical toddler even by cooking for herself. While in the process, the fabric of her clothing catches on fire and the burns were terrible enough to send her to the hospital for a few days. Her father comes to he hospital, takes Jeanette out of bed and did the skedaddle which according to the book is when you leave without paying the bill. Jeanette was introduced to illegal situations at age three. This one time skedaddle wasnt the last one and moving to towns for short-term settlement was what Jeanette experienced through her childhood. The family would move so much it was hard to be accepted into certain societies and cultures which I believe is why Jeanettes mother is so independent and care-Tree. I ne Tatner Is tne same way wltn an alconol proDlem ana doesnt Delleve In rganized societies which makes it hard for him to keep a Job and forces his family to relocate often. Jeanettes mother had inherited a house which led them to move once again. The new house offers stability and comfort with the opportunity to have the children enrolled in school and the father has a steady Job streak until another alcohol problem. This problem influenced Jeanette to the point she had to ask her father to stop drinking at the age of ten. Jeanette was exposed to improper parenting and possible danger. Also, she was exposed to failure and betrayal from her own ather. As he was sober for a few weeks, the embarrassment of failure due to car troubles led him to drinking again. Jeanette is also introduced to dependency which may not always be a bad thing but when her mother thinks her fathers family will help them but her father is resistant to the idea and decides to move once again in an unstable car. Jeanette was raised in a poor manor which pushed her to want to succeed. Social influences helped build her sociality now because she didnt want to live through the miserable life of a leaking roof, no plumbing, or heat. Soon the children go hungry which could have affected the children and made them feel neglected. As Jeanette grows into adolescence and her fathers drinking gets worse, she starts to realize how irresponsible her parents are and their poor choices they have made. After living this life, Jeanette wanted change and she wasnt the only one. Jeanette and her sister Lori plan to move to the city of New York after each one of them graduates. These determined sisters didnt allow some setbacks stop them from reaching their goals. When Jeanette makes it to New York City, she was used to her parents Jumping Job to Job or being unemployed that she was shocked at how quickly she found a Job, not to mention her dream Job as a reporter. Jeanette and Lori soon are stable with a roof over their head, food in their mouths, warm water, and heat. As living happy and comfortably, they ask Maureen and Brian to move in with them and they all enjoy their lives together. Although their parents felt neglected and moved to New York City, the parents had neglected their children their whole hildhood and didnt fulfill proper parenting. When Jeanettes parents moved to New York City they were once again, unable to keep Jobs and became homeless at an abandoned building. Maureen turned out to be unstable and ended up stabbing her mother. In comparison to Jeanette, I believe Maureen took anger out on her mother for poor parenting and blamed her for instability whereas Jeanette was stable and sane. The family that never acted much as a family soon drifted after Maureen ended up in a mental institution. The father lowly starts to dye due to his life-long chain-smoking and alcoholism. When Jeanettes father died, it was a forced eye opener for her to see the freedom they allowed her to obtain. Jeanette develops in this book a lot by individual and social influences which are opposite to her mother. Jeanette is wealthy, owns a comfortable home, and takes part of the middle to upper class whereas her mother is a trash-diving, homeless, independent individual who finds Joys in simplistic things and speaks her mind rather than material type objects and Judgments such as her daughter. Her mother developed to accept her circumstances even if it meant being homeless and Jeanette 010 not develop tne same. Jeanette was nurtured Into Tln01ng peace sucn as ner mother after she divorced her husband, moved, and thrives on the reckless freedom that they influenced on her. Jeanette and Maureen really differed in development although coming from the same parents and same developmental techniques, if any. This book displayed developmental psychology and was organized in a true life story manner. Work Cited Walls, Jeanette. The Glass Castle. 2006. New York, NY.

The Catcher In The Rye Essays - J. D. Salinger, Literary Realism

The Catcher In The Rye Essays - J. D. Salinger, Literary Realism The Catcher in the Rye I. Critical Biography J.D. Salinger is an American author who wrote the famous novel "The Catcher in the Rye." It was written in 1951, (encyclopedia, Pg. 60). It ranks as a minor classic. This story is popular among American high school and college students. Salinger was born in New York City in 1919. His full name is Jarome David Salinger. Salinger has written several other books in his life. Salinger wrote some later fiction that centered on the Glass Family. These books included Franny and Zooey, Rise High the Roof Beam, and Carpenters on Seymore. He writes extremely comical books. II. Synopsis The book "The Catcher in the Rye," was an interesting novel. It includes a teenage boy named Holden. Holden just got kicked out of a prep school named Pensey, because he did not keep his grades up. He knew he was going home that next week. One night a few days before he was getting sent home he left the school. He really had no idea where he was going. He couldn't go home because he wasn't sure whether his parents knew he was kicked out of Pensey or not. First off he goes to a hotel to stay. He had many experiences that night. One example was when he had a prostitute in his room at one minute and was getting beat up the next. Needless to say he had some bad experiences that night. He was in search of self-understanding and the meaning of life. Holden is trying to decide what to do with his life and where to go. He finally goes home to see his sister, with whom he feels close to. He thinks of going west and being a deaf-mute. When he is all packed up to go, he leaves a note with his sister at the school. She meets him and tells him that she is going with him. He tells her no. Then he realizes that the idea of this trip was unrealistic. He goes home and sees his parents. His parents enrolled into another school. III Analysis of the Theme This story teaches a good lesson on how to deal with situations in life the right way. In this story Holden runs from his problems to make them better. I saw all the trouble that it got him into. First he should have stayed in school or at least gone home to face his parents after he was kicked out. Holden was in search of himself. He wanted to see what he could do or be. He went about it all the wrong way. He should have applied himself at the first school that he went to and prevent so many problems. Then he would go further quicker. I learned not to run from your problems because they will always catch up with you. IV. Character The main character in this story is Holden. He is a teenage boy that is having a hard time staying in school. He is not the conceited type or the really shy type. He was really confused and had no idea what direction his life should follow when he went to Pencey Prep. He had to find out who he was on his little adventure when he left Pencey. It seemed like everything depressed him. He really learns fast. In about two days he went from wondering where he was going to get it all back together. He realized who and what was important to him. He is a pretty smart and level headed guy. He learned quite a bunch on this little adventure. He had a different way of looking at things than most people. Everything is really depressing to him. The most important person in his life is his sister. He had a few girlfriends along the way, but he did not know how to get along with them very well. V. Conclusion This was a really good novel. It is the type of book that once you pick it up you cannot put it down. It has many good characters in this book. The values in this book are great. It has valuable lessons in it. It relates to many teenagers. That is probably why it is popular among high school and college students. I was really impressed by and enjoyed this book. I definitely see why it is on the list. I would recommend this book to all my friends. This is one of the best books that I have read. This has many life lessons in this book that I can relate to. The lessons in this book will really help

Mariana Trench Facts and Location

Mariana Trench Facts and Location The Mariana Trench (also called the Marianas Trench) is the deepest part of the ocean. This trench lies in an area where two of the Earths plates- the Pacific Plate and the Philippine Plate- come together. The Pacific plate dives under the Philippine plate, which also partially gets pulled along. It is also thought that water can be carried with it, and may contribute to strong earthquakes by hydrating rock and lubricating the plates, which might lead to a sudden slip. There are many trenches in the ocean, but because of the location of this trench, it is the deepest. The Mariana Trench is located in an area of old seafloor, made up of lava, which is dense and causes the seafloor to settle further. Plus, since the trench is so far away from any rivers, it does not get filled with sediment like many other oceanic trenches, which also contributes to its extreme depth. Location The Mariana Trench is located in the western Pacific Ocean, east of the Philippines and about 120 miles east of the Mariana Islands. In 2009, President Bush declared the area surrounding Mariana Trench as a wildlife refuge, called the Marianas Trench Marine National Monument, which covers approximately 95,216 square miles. Size The trench is 1,554 miles long and 44 miles wide. The trench is more than 5 times wider than it is deep. The deepest point of the trench- which is known as the Challenger Deep- is almost 7 miles (over 36,000 feet) deep and is a bathtub-shaped depression. The trench is so deep that at the bottom that the water pressure is eight tons per square inch. Water Temperature The water temperature in the deepest part of the ocean is a chilly 33-39 degrees Fahrenheit- just above freezing. Life in the Trench The bottom of deep areas like the Mariana Trench is composed of an ooze made up of the shells of plankton. While the trench and areas like it havent been fully explored, we know that there are organisms that can survive at this depth, including bacteria, microorganisms, protists (foraminifera, xenophyophores, shrimp-like amphipods, and possibly even some fish. Exploring the Trench The first trip to the Challenger Deep was made by Jacques Piccard and Don Walsh in 1960. They didnt spend much time at the bottom, and couldnt see much as their sub kicked up too much sediment, but they did report seeing some flatfish. Voyages to the Mariana Trench have been made since then to map the area and collect samples, but humans had not been to the deepest point in the trench until 2012. In March 2012, James Cameron successfully completed the first solo, human mission to the Challenger Deep. Sources Alden, Andrew. 2009. Why the Mariana Trench is So Deep.Dohrer, Elizabeth. 2012. Mariana Trench: The Deepest Depths. LiveScience.Jackson, Nicholas. 2011. Racing to the Bottom: Exploring the Deepest Point on Earth. The Atlantic.Lovett, Richard A. 2012. How the Mariana Trench Became the Earths Deepest Point. National Geographic Daily News.NASA Earth Observatory. 2012. New View of the Deepest Trench.Roach, John. 2005. Life is Found Thriving at Oceans Deepest Point. National Geographic.USGS. Understanding Plate Motions.

Cal report Essay Example | Topics and Well Written Essays - 500 words

Cal report - Essay Example We further, get to know and understand about the concepts of evidence based management along with the consideration of the management knowledge and profession in the category of science or art. After researching extensively on the management related issues, I learnt that research plays a significant role and gives in a major contribution in acquiring foundation knowledge and updated information. Through my analytical understanding, I came to conclude that the element of knowledge can be only created if we perform a task which results in value addition. While, the learning that that we obtain in our class is called experience. The process of creating knowledge, and gaining experiences has already begun altering my life and making it useful for further experiences. It was all in the course of my active role playing in the rigorous process of my learning that I started to determine and discover my position in the company. I began to investigate and figure out as to how and in what ways it is possible to learn for the experiences of other people around us.

EXTERNAL OR ADVOCACY WRITTEN MEMORANDUM Essay Example | Topics and Well Written Essays - 1500 words

EXTERNAL OR ADVOCACY WRITTEN MEMORANDUM - Essay Example Later in the night, the defendant Kerry Knight, the varsity basketball coach arrived bringing with him a keg of beer. Although there was a note which said â€Å"Do not drink if under 21† on the keg, most of the guests, 21 or not, drank anyway and the defendant did not stop any of them. The plaintiff was initially offered a cup of beer by his friend Richards and later went to the keg himself for a refill. The defendant left the party at one time leaving the guests drinking and finishing up the keg. The plaintiff had several more cups and when the keg was almost empty was about to leave Devin’s house when the defendant reappeared. He asked the plaintiff if he had drunk beer and the latter said he had a cup. The plaintiff then got his jeep key from near the TV where the coach kept all car keys and took off with his friend Taylor who asked for a ride home. The defendant did not at any time stop the plaintiff from leaving with his jeep key. On the way home, the defendant hit a tree and broke a leg. He spent the entire summer in cast and missed the next basketball season. As a consequence, his team lost that season and so did the plaintiff’s hope for a Division scholarship. The plaintiff is frustrated over the fact that although he can eventually still play basketball, he can never be as brilliant as it used to be in playing basketball. To decide whether or not the defendant is liable for the plaintiff’s injuries, it is necessary to prove that the defendant was negligent and that if so found, it was this same negligence that was the proximate cause of the plaintiff’s injuries. Negligence is defined in the case of Manning v. Andy 454 Pa. 237, 310 A. 2d 75 (1973) as â€Å"the want of due care which a reasonable man would apply under the circumstances. Conduct is negligent only if the harmful consequences thereof could reasonably be foreseen and prevented by the exercise of reasonable care.† Moreover, the elements of cause of action for negligence had been

Asian Stereotypes Essay Example for Free

Asian Stereotypes Essay Stereotypes play a significant role in the lives of many individuals. Stereotypes can be hurtful and they can be helpful. Eric Liu combats Asian stereotypes and his own thoughts of inferiority with a conscious strategy of assimilation that leads to further the spread of Asian American stereotypes and the loss of his own individuality. When someone finds him or herself in an unfamiliar place, they tries to adapt to the surroundings by blending in. Liu believes that the way to make it in America is to achieve whiteness (148). Liu believes to be successful one must [bleach] out the marks of a darker, dirtier past and assimilate (148). When Eric Liu assimilated he was considered by whites to be an honorary white. He was called an honorary white because by all standards besides his skin; he was considered white and with that consideration came privileges that may not have been extended to him otherwise. Liu was called a banana (yellow on the outside white on the inside) by other Asians, and was portrayed as a traitor by his own culture and family for embracing the power that comes from white people and their tendencies. Liu was looked down upon and was not completely by either race. Many people hate being considered part of a stereotype and sometimes act irrationally just to be set apart from the stereotype. The strategy that Liu used to get away from the Asian American stereotype was by acting completely being to total opposite of what Asians are known for. Asians are stereotypically know for being very good at math and science, so Liu decided that he would study history. He lifted weights and went to the Marine officer candidate school to prove that he was not lacking any physical or metal strength. However, Liu states that by working so to defy stereotypes, I became a slave to it. For to act self-consciously against Asian ? tendencies is not to break loose from the cage of myth and legend; it is to turn the very key that locks you inside (151). By defying Asian American stereotypes Liu was feeding the stereotype of the typical Asian, waspy Yale student. In collage Liu used what he had absorbed and learned growing up about the white culture to survive and thrive. Additionally, Liu speaks of a Korean boy at the Asian American Student Association booth who merely offered an introduction. Liu put his name on a mailing list so not to look impolite, but Liu had already decided not to be active in any Asian-only associations. His actions were fueled by a fear imbedded in and shared by many immigrants that they may be primarily known for their culture and thus written off. Liu reacts by not going out of his way to make Asian friends or get involved in Asian groups. The reason Liu gave him self for not getting involved in any Asian groups was that he didnt want to be a part of a clique, that [he] didnt want to get absorbed and lose [his] individuality (150). The problem is that by not embracing his own culture he is actually destroying and hurting his individuality. Liu wanted to change himself so that he would have no aspects of the typical Asian but by doing so he is losing what makes him different and unique. By changing looks, acts, and what he even studies, Liu is just proving that judgung someone by their race alright and acceptable. Liu is hindering the expansion of accepting someone for who he or she ise not what they look like, talk like or where they come from. One of the great civil rights activist Rosa Parks decided to show people through a non-violent demonstration that the discrimination of African Americans based on the color of their black skin was wrong. One day she sat in the front of the bus designated for white people, and refused to give up her seat in the front of the bus to a white man and was sent to jail. Rosa Parks could have moved to the back of the bus and further prolonging black persecution, but she decided to stay and sit. She wanted people to know that judging people on the color of their skin is wrong. Furthermore, if someone believes that he or she is at a disadvantage, he or she will try to find other aspects that will gain back lost ground. If a football player is trying out for a team and he knows he is not very good at caching the ball, the player will work extra hard to have a speed advantage over the other players so that he can still draw the attention of the coaches. Liu not only believed that he was inferior to whites but that he deficient to every race: I believed that I lacked the connections, the wealth, the experience, the sophistication that so many of my classmates seemed to have(151). Liu saw the power that whites have in this country, and as Liu began to blend into white, middle-class America, he saw that [he] was actually beginning to ? make it. Lius acceptance to Yale led to many other privileged experiences. Extracurriculars opened the door to an alumni internship, which brought [him] to Capital Hill, which led to a job and a life in Washington after commencement (151). By almost any standards of American society, Liu would be considered elite and one of the privileged. There is never one way to get something done or get somewhere. To think there is one way and one way only is a very squid and narrow-minded way of thinking. Once one has achieved ones goal, he or she may think of many things that one could have done differently and recognize things you did that were not smart. Liu realizes that the straightening path [he] took was not the only or even the best path he could have taken to achieve his goals (151). When dealing with race one does not accept or reject everything about ones race. Finding a happy medium and looking at everything objectively is the key. Liu states that [he] could have spared [himself] a great deal of heartache had [he] understood this earlier (151). Liu realizes that the way to success is to blend in to the whites race. He sees the power that white people hold and tries to adapt. Liu tries to change himself so that he will not give off any aspects of the typical Asian American. After Liu assimilates he starts to reap the benefits of a honorary white. Liu gets into a good school and gets a good job but all at the price of his individuality.

Holocaust Essay -- History Genocide Nazi Germany Jews Essays

Holocaust Introduction   Ã‚  Ã‚  Ã‚  Ã‚  What, when, where, and why was the Holocaust? The Holocaust was first called a religious rite in which an offer that gave to some one was burned in a fire. The current definition of holocaust is any widespread human massacre. When it is written Holocaust, it means when Nazi Germany completely destroyed the Jewish. The Holocaust was during the period of January 30, 1933 to May 8, 1945. Hitler became Germany’s chancellor when it first started and the war ended on the last day of the Holocaust, or known as V-E Day. During that time frame, Jews in Europe were killed in the worst way possibly and led to the death of 6,000,000 Jews and 5,000 communities destroyed. 1.5 million of those Jews killed were children.   Ã‚  Ã‚  Ã‚  Ã‚  After Germany’s lost in World War I, they were embarrassed by the Versailles Treaty, which lowered its prewar territory and armed forces. The German Empire demolished, a new government of parliament called the Weimar Republic was born. The republic suffered from economic instability, which grew worse when the great depression was happening. The great depression was when the stock market crashed in New York in 1929.   Ã‚  Ã‚  Ã‚  Ã‚  Adolf Hitler became leader of the Nazi(National Socialist German Workers Party) on January 30, 1933. He was named chancellor by president Paul von Hidenburg after the Nazi won a election by the majority of the votes in 1932. Propaganda: â€Å"The Jews Are Our Misfortune†   Ã‚  Ã‚  Ã‚  Ã‚  The Nazi newspaper, Der Sturmer (The Attacker), was a major tool in the Nazi’s propaganda assault. The paper said, â€Å"The Jews are our misfortune†, in bold print, on the bottom of the front page of each issue. In the Der Sturmer, the Jews were regularly drawn as hooked-nosed and ape-like cartoons. By 1938, about a half a million copies were sold weekly because the influence of the paper was far reaching.   Ã‚  Ã‚  Ã‚  Ã‚  A little after Hitler became chancellor, he called for a new election for a effort to gain complete control of the Reicstag. Reicstag was a German parliament for the Nazi. The Nazi used the government to mess with the other parties. They banned their political meetings and arrested their leaders. The Reichstag building burned down February 27, 1933 during the middle of the election campaign. Marinus van der Lubbe, a Dutchman, was arrested for burning the building and he swore he di... ... were able to hide nearly 7,200 Jews and transported them to safety in neutral Sweden. A young Swedish diplomat named Raoul Wallenberg, saved 1000,000 Hungarian Jews by issuing them passports so they would not be deported. A German factory owner, Oscar Schindler, saved his Jewish slave laborers by getting them from transports to the concentration camps. He kept them and fed them until the war was over. Some of the righteous gentiles saved the Jewish children by taking and raising them as their own. Liberation and the End of the War   Ã‚  Ã‚  Ã‚  Ã‚  Gradually the camps were liberated, as the Allies advanced on the German Army. As the war ended, between 50,000 and 100,00 Jewish survivors were living in three areas of occupation: British, American, and Soviet. That figure grew to 200,000 within a year. The American occupation had more than 90 percent of the Jewish displaced persons. The Jewish displaced persons could not return to their homes, this brought back horrible memories and fear of danger from anti-Semitic neighbors. Until emigration could be arranged to Palestine, and later Israel, United States, South America, and other countries the displaced Jews remained in camps.

Int Fin

Sample Midterm #1 Questions 1. Which of the following does not constitute a form of direct foreign investment? a. Franchising b. International trade c. Joint ventures d. Acquisitions of existing operations e. Establishment of new foreign subsidiaries 2. Which of the following theories identifies specialization as a reason for international business? a. theory of comparative advantage. b. imperfect markets theory. c. product cycle theory. d. none of the above 3. Agency costs faced by multinational corporations (MNCs) may be larger than those faced by purely domestic firms because a.Monitoring of managers located in foreign countries is more difficult. b. Foreign subsidiary managers raised in different cultures may not follow uniform goals. c. MNCs are relatively large. d. All of the above e. A and B only 4. Which of the following industries would most likely take advantage of lower costs in some less developed foreign countries? a. assembly line production. b. specialized professional services. c. nuclear missile planning. d. planning for more sophisticated computer technology. 5. The North American Free Trade Agreement (NAFTA) increased restrictions on: a. rade between Canada and Mexico. b. trade between Canada and the U. S. c. direct foreign investment in Mexico by U. S. firms. d. none of the above. 6. Which of the following is mentioned in the text as a possible means by which the government may attempt to improve its balance of trade position (increase its exports or reduce its imports). a. It could attempt to reduce its home currency's value. b. The government could require firms to engage in outsourcing. c. The government could require that its local firms pursue outsourcing. d. All of the above are mentioned. . If a country's government imposes a tariff on imported goods, that country's current account balance will likely ____ (assuming no retaliation by other governments). a. decrease b. increase c. remain unaffected d. either A or C are possible 8. Assu me that a bank's bid rate on Swiss francs is $. 45 and its ask rate is $. 47. Its bid-ask percentage spread is: a. about 4. 44%. b. about 4. 26%. c. about 4. 03%. d. about 4. 17%. 9. If a U. S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 in 90 days, it could: a. btain a 90-day forward purchase contract on euros. b. obtain a 90-day forward sale contract on euros. c. purchase euros 90 days from now at the spot rate. d. sell euros 90 days from now at the spot rate. 10. LIBOR is: a. the interest rate commonly charged for loans between banks. b. the average inflation rate in European countries. c. the maximum loan rate ceiling on loans in the international money market. d. the maximum deposit rate ceiling on deposits in the international money market. e. the maximum interest rate offered on bonds that are issued in London. 11. Eurobonds: a. an be issued only by European firms. b. can be sold only to European investors. c. A and B d. none of the above 12. A Japanese yen is worth $. 0080, and a Fijian dollar (F$) is worth $. 5900. What is the value of the yen in Fijian dollars (i. e. , how many Fijian dollars do you need to buy a yen)? a. 73. 75. b. 125. c. 1. 69. d. 0. 014. e. none of the above 13. A quotation representing the value of a foreign currency in dollars is referred to as a(n) ____ quotation; a quotation representing the number of units of a foreign currency per dollar is referred to as a(n) ____ quotation. . direct; indirect b. indirect; direct c. direct; direct d. indirect; indirect e. cannot be answered without more information 14. The value of the Australian dollar (A$) today is $0. 73. Yesterday, the value of the Australian dollar was $0. 69. The Australian dollar ____ by ____%. a. depreciated; 5. 80 b. depreciated; 4. 00 c. appreciated; 5. 80 d. appreciated; 4. 00 15. Baylor Bank believes the New Zealand dollar will appreciate over the next five days from $. 48 to $. 50. The following annual interest r ates apply: Currency Dollars New Zealand dollar (NZ$) Lending Rate 7. 10% . 80% Borrowing Rate 7. 50% 7. 25% Baylor Bank has the capacity to borrow either NZ$10 million or $5 million. If Baylor Bank's forecast is correct, what will its dollar profit be from speculation over the five-day period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)? a. $521,325. b. $500,520. c. $104,262. d. $413,419. e. $208,044. 16. If inflation increases substantially in Australia while U. S. inflation remains unchanged, this is expected to place ____ pressure on the value of the Australian dollar with respect to the U. S. ollar. a. upward b. downward c. either upward or downward (depending on the degree of the increase in Australian inflation) d. none of the above; there will be no impact 17. The one-year forward rate of the British pound is quoted at $1. 60, and the spot rate of the British pound is quoted at $1. 63. The forward ____ is ____ percent. a. discount; 1. 9 b. discount; 1. 8 c. premium; 1. 9 d. premium; 1. 8 18. If your firm expects the euro to substantially depreciate, it could speculate by ____ euro call options or ____ euros forward in the forward exchange market. a. selling; selling . selling; purchasing c. purchasing; purchasing d. purchasing; selling 19. Assume that a speculator purchases a put option on British pounds (with a strike price of $1. 50) for $. 05 per unit. A pound option represents 31,250 units. Assume that at the time of the purchase, the spot rate of the pound is $1. 51 and continually rises to $1. 62 by the expiration date. The highest net profit possible for the speculator based on the information above is: a. $1,562. 50. b. ?$1,562. 50. c. ?$1,250. 00. d. ?$625. 00. 20. You purchase a call option on pounds for a premium of $. 3 per unit, with an exercise price of $1. 64; the option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $1. 65, your net profit per unit is: a. ?$. 03. b. ?$. 02. c. ?$. 01. d. $. 02. e. none of the above 21. A U. S. corporation has purchased currency call options to hedge a 70,000 pound payable. The premium is $. 02 and the exercise price of the option is $. 50. If the spot rate at the time of maturity is $. 65, what is the total amount paid by the corporation if it acts rationally? a. $33,600. b. $46,900. c. $44,100. d. $36,400. 22.Which of the following is not true regarding the Mexican peso crisis? a. Mexico encouraged firms and consumers to buy an excessive amount of imports because the peso was stronger than it should have been. b. Many speculators based in the U. S. speculated on the potential decline in the peso by investing their funds in Mexico. c. In December of 1994, the central bank of Mexico allowed the peso to float freely. d. The central bank of Mexico increased interest rates after the peso declined in value in order to prevent investors from withdrawing their investments in Mexi co's debt securities. e. All of the above are true. Int Fin Sample Midterm #1 Questions 1. Which of the following does not constitute a form of direct foreign investment? a. Franchising b. International trade c. Joint ventures d. Acquisitions of existing operations e. Establishment of new foreign subsidiaries 2. Which of the following theories identifies specialization as a reason for international business? a. theory of comparative advantage. b. imperfect markets theory. c. product cycle theory. d. none of the above 3. Agency costs faced by multinational corporations (MNCs) may be larger than those faced by purely domestic firms because a.Monitoring of managers located in foreign countries is more difficult. b. Foreign subsidiary managers raised in different cultures may not follow uniform goals. c. MNCs are relatively large. d. All of the above e. A and B only 4. Which of the following industries would most likely take advantage of lower costs in some less developed foreign countries? a. assembly line production. b. specialized professional services. c. nuclear missile planning. d. planning for more sophisticated computer technology. 5. The North American Free Trade Agreement (NAFTA) increased restrictions on: a. rade between Canada and Mexico. b. trade between Canada and the U. S. c. direct foreign investment in Mexico by U. S. firms. d. none of the above. 6. Which of the following is mentioned in the text as a possible means by which the government may attempt to improve its balance of trade position (increase its exports or reduce its imports). a. It could attempt to reduce its home currency's value. b. The government could require firms to engage in outsourcing. c. The government could require that its local firms pursue outsourcing. d. All of the above are mentioned. . If a country's government imposes a tariff on imported goods, that country's current account balance will likely ____ (assuming no retaliation by other governments). a. decrease b. increase c. remain unaffected d. either A or C are possible 8. Assu me that a bank's bid rate on Swiss francs is $. 45 and its ask rate is $. 47. Its bid-ask percentage spread is: a. about 4. 44%. b. about 4. 26%. c. about 4. 03%. d. about 4. 17%. 9. If a U. S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 in 90 days, it could: a. btain a 90-day forward purchase contract on euros. b. obtain a 90-day forward sale contract on euros. c. purchase euros 90 days from now at the spot rate. d. sell euros 90 days from now at the spot rate. 10. LIBOR is: a. the interest rate commonly charged for loans between banks. b. the average inflation rate in European countries. c. the maximum loan rate ceiling on loans in the international money market. d. the maximum deposit rate ceiling on deposits in the international money market. e. the maximum interest rate offered on bonds that are issued in London. 11. Eurobonds: a. an be issued only by European firms. b. can be sold only to European investors. c. A and B d. none of the above 12. A Japanese yen is worth $. 0080, and a Fijian dollar (F$) is worth $. 5900. What is the value of the yen in Fijian dollars (i. e. , how many Fijian dollars do you need to buy a yen)? a. 73. 75. b. 125. c. 1. 69. d. 0. 014. e. none of the above 13. A quotation representing the value of a foreign currency in dollars is referred to as a(n) ____ quotation; a quotation representing the number of units of a foreign currency per dollar is referred to as a(n) ____ quotation. . direct; indirect b. indirect; direct c. direct; direct d. indirect; indirect e. cannot be answered without more information 14. The value of the Australian dollar (A$) today is $0. 73. Yesterday, the value of the Australian dollar was $0. 69. The Australian dollar ____ by ____%. a. depreciated; 5. 80 b. depreciated; 4. 00 c. appreciated; 5. 80 d. appreciated; 4. 00 15. Baylor Bank believes the New Zealand dollar will appreciate over the next five days from $. 48 to $. 50. The following annual interest r ates apply: Currency Dollars New Zealand dollar (NZ$) Lending Rate 7. 10% . 80% Borrowing Rate 7. 50% 7. 25% Baylor Bank has the capacity to borrow either NZ$10 million or $5 million. If Baylor Bank's forecast is correct, what will its dollar profit be from speculation over the five-day period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)? a. $521,325. b. $500,520. c. $104,262. d. $413,419. e. $208,044. 16. If inflation increases substantially in Australia while U. S. inflation remains unchanged, this is expected to place ____ pressure on the value of the Australian dollar with respect to the U. S. ollar. a. upward b. downward c. either upward or downward (depending on the degree of the increase in Australian inflation) d. none of the above; there will be no impact 17. The one-year forward rate of the British pound is quoted at $1. 60, and the spot rate of the British pound is quoted at $1. 63. The forward ____ is ____ percent. a. discount; 1. 9 b. discount; 1. 8 c. premium; 1. 9 d. premium; 1. 8 18. If your firm expects the euro to substantially depreciate, it could speculate by ____ euro call options or ____ euros forward in the forward exchange market. a. selling; selling . selling; purchasing c. purchasing; purchasing d. purchasing; selling 19. Assume that a speculator purchases a put option on British pounds (with a strike price of $1. 50) for $. 05 per unit. A pound option represents 31,250 units. Assume that at the time of the purchase, the spot rate of the pound is $1. 51 and continually rises to $1. 62 by the expiration date. The highest net profit possible for the speculator based on the information above is: a. $1,562. 50. b. ?$1,562. 50. c. ?$1,250. 00. d. ?$625. 00. 20. You purchase a call option on pounds for a premium of $. 3 per unit, with an exercise price of $1. 64; the option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $1. 65, your net profit per unit is: a. ?$. 03. b. ?$. 02. c. ?$. 01. d. $. 02. e. none of the above 21. A U. S. corporation has purchased currency call options to hedge a 70,000 pound payable. The premium is $. 02 and the exercise price of the option is $. 50. If the spot rate at the time of maturity is $. 65, what is the total amount paid by the corporation if it acts rationally? a. $33,600. b. $46,900. c. $44,100. d. $36,400. 22.Which of the following is not true regarding the Mexican peso crisis? a. Mexico encouraged firms and consumers to buy an excessive amount of imports because the peso was stronger than it should have been. b. Many speculators based in the U. S. speculated on the potential decline in the peso by investing their funds in Mexico. c. In December of 1994, the central bank of Mexico allowed the peso to float freely. d. The central bank of Mexico increased interest rates after the peso declined in value in order to prevent investors from withdrawing their investments in Mexi co's debt securities. e. All of the above are true.

Challenges facing college student Essay

College life is changing for nearly every student. From meal plans and roommates to study abroad and college finances. College life can be a difficult thing to get used to and handle. There will be a lot of time where you doubt yourself and your decision.A lot of student became overwhelm by the requirement of college, the change that took place too fast. No matter how prepared you think you are for college, there are still of shock when you come and have to deal with responsible, the stress of school. and adapting to college campus. The most frequent complaint heard from college students is that their professors are out to fail them and ruin their chance at getting a career. But, what they need to understand is that the professors job is not to force you to do your work, they will not follow you home to make sure that you do what you have to in order to pass the class. Responsible,that seem to be the thing a lot of freshman students seem to lack. They think that they can get away with the same thing that they have been getting away with in high school, that their teacher will pressure them to do their homework and class works in order to pass the class. What they need to understand that they are paying for the education that they are getting, it is up to them if they choose to take it seriously or not. However, it is hard for some kids to go from a high school where their teacher would be on their back about the work their missing work to a college student where the professor would tell them what they need to do and it is up to them if they complete the work or not. Read more:  How to Overcome Challenges Essay On our defence, it hard sometime to go from having some one holding your hand to having to do everything on your own. In your first year of high school, the teacher tell you that they are not here to babysit anyone, they are here to prepare you for college. Yet,they would still hold student hand through the whole process and some can’t break through that phase and take responsible for their own success. what they should do if they are having a hard is to seek help, go see a tutor, work out a time management schedule for your self, and work on doing thing by your self. Success on any major scale requires you to accept responsibility. One of the great destroyers of college students is the belief that thing are very complex, and falling victim to stress. Stress in student happens when student are trying to adjust to college life, emotionally or mentally. Students today face many issues in their life that may clash with their college life like family problem, loss of employment, and school related issues. Student under a lot of stress can end up having depression which could cause student to believe that they are not living up to others expectation or their own expectation. Student end up giving up on their dream and getting some where in life and start doing poorly in school. Most students do not know how to handle the stress they have so they use alcohol, drugs or cheating as a stress reliever. It doesn’t get rid of the feeling you are having it only increase and get more complex until you can handle it no more.if you feel this way go see a student counslor , call a 24-hour help ling, or just find a good friend and tell them hoe you been feeling and together you can get the help you need.In times of stress, the best thing we can do for each other is to listen with our ears and our hearts and to be assured that our questions are just as important as our answers. A majority student go out of state for their college experiences, the desire to get a degree at a university can be a rewarding experience but it can be a challenges to living on campus. For many it is the first time outside of the protection of their family’s security. Coming from parent that used to provide all they need and set the boundaries they went by. When they unleash to the life of a college student where the same life they used to live don’t apply any more. Some student take advantage of their new found freedom to try new thing like drinking, smoking, parties out with friend, wasting hundreds of dollar ruin their college years. Other fall under the pressure and fall prey to depression and bad thoughts. Taking advantage of your freedom can be in a good way like joining clubs, and spending your money wisely. If you new friend want you to join with them smoking and drinking then you need to get a new group if friend that would have a positive influences on you. The only time success occurs before work is in the dictionary. Too many student enter college thinking that theres nothing but good time, friendship, and a new change of direction. They soon come face to face with the challenges and struggles of college life. The challenge of having to take care of their education, having to depend on yourself for success. The struggle of feeling like you are a fail to everyone around you. The difficulty of getting used to all you used to know. They need to keep in their mind â€Å" Before you can work smart, you must work hard†. Opportunities don’t just happen, you need to create them.

The eNotes Blog Michelle Obamas Becoming and 8 Other Memoirs You Need to Read RightNow

Michelle Obamas Becoming and 8 Other Memoirs You Need to Read RightNow As much as we love to indulge in engaging works of fiction, theres something about a true story thats unmatched- particularly memoirs. A memoir invites readers into an intimate literary experience that can possess a strong sense of voice and perspective. Above all, learning about other real-life experiences can lead us to reflect on our own. From stories of overcoming adversity to journeys of self-discovery, these are the memoirs you need to read right now. Image via Barnes Noble 1. Becoming  by Michelle Obama This year has been dominated by political books, and Michelle Obama’s Becoming has soared beyond the rest. The former first lady’s highly anticipated memoir has been flying off shelves since its release, selling more than 725,000 copies its first day. As one of the most iconic women of our generation, Michelle is no stranger to the spotlight; yet, shes inviting readers into her private world. From growing up on the South Side of Chicago to making history on Pennsylvania Avenue, Becoming is a warm, witty reflection of the triumphs and tribulations that have shaped Michelle Obama into the woman she is today. Image via Amazon 2. Boy Erased: A Memoir of Identity, Faith, and Family  by Garrard Conley When nineteen-year-old Garrard came out to his parents, he was forced to make a life-changing decision: agree to attend conversion therapy or risk losing the ones he loves. One of The New York Times best sellers and major motion picture, Boy Erased is a young mans search for self in the midst of deeply rooted bigotry. Above all, this memoir is a profound reminder of the uphill battle of acceptance, tolerance, and understanding that individuals continue to endure through their journeys of self-discovery. Image via Harper Collins 3. Hunger: A Memoir of (My) Body  by Roxane Gay The Bad Feminist is back with another work of staggering honesty. Hunger is a powerful, unapologetic account of Roxane Gays struggles with identity, rooted in the inescapable vessel that is her body. Gay shares her most intimate inner dialogues with her readers, addressing the demons who have nestled in her psyche since childhood. While this may be a troubling read for some, Gays insight into the traumas that mold human experience is both courageous and inspiring. Image via Target 4. H is for Hawk  by Helen Macdonald To cope with her fathers sudden death, Helen Macdonald adopts one of the worlds most vicious predators, a goshawk. She soon discovers the bonds between nature and humanity, as well as the shared, universal experiences of sorrow and loss. A breathtaking blend of storytelling and nature writing, Helen Macdonalds memoir is unique, ironic, and something you wont want to put down. Image via Penguin Random House 5. My Beloved World  by Sonia Sotomayor The first Hispanic and third woman appointed to the United States Supreme Court, Sonia Sotomayor is a symbol of the American dream. Her memoir is a testament to perseverance and a tribute to her roots. Written with a beautiful emotional awareness, Sotomayor takes readers on a journey of her humble beginnings in Puerto Rico through the countless obstacles she has overcome to obtain a seat in the highest court of the land. This memoir is an empowering example of a woman who transcended the limits of tolerance with a work ethic that helped her achieve her ultimate dreams. Image via Milwaukee Journal Sentinel 6. Lab Girl  by Hope Jahren Geobiologist Hope Jehran found sanctuary in science at an early age. As a workaholic, Jehran is determined to make something of her life’s practice. Her memoir is crafted into three parts, each reflecting major milestones in her life, followed by a unique personification of plants that relate to each experience. Jehran discusses being a woman in science, her struggles with mental health, and the passion for plants that fuels her passion for life. Lab Girl highlights the natural courses of life, both in people and plants, and the lessons we learn through living. Image via Dighton Public Library 7. Funny in Farsi: A Memoir of Growing Up Iranian in America  by Firoozeh Dumas When seven-year-old Firoozeh and her family move from Abadan, Iran, to the suburbs of Los Angeles, they must figure out how to settle into a new country with an unfamiliar culture. Firoozeh takes readers along a humorous, yet often heartbreaking, journey through the highs and lows of adjusting to American life. From learning English through American game shows to experiencing the embedded prejudices in society, Firoozeh and her family learn to appreciate the United States without losing sight of their roots. Image via Bloomsbury Publishing 8. Kitchen Confidential: Adventures in the Culinary Underbelly  by Anthony Bourdain This past June, the world lost beloved chef, writer, and TV host Anthony Bourdain. While Kitchen Confidential is not Bourdains most recent work, readers are revisiting the memoir almost two decades after its original publication. Personal anecdotes blended with industry commentary, Bourdains book illustrates his initiation into the world of food and the passion he turned into a lifelong career. What makes this memoir worth a read is the reminder of Anthony Bourdains legacy that moved beyond the world of culinary arts to a diverse, global audience. Image via Amazon 9. The Distance Between Us  by Reyna Grande Award-winning novelist and memoirist, Reyna Grande shares her troubling yet triumphant story of a Mexican immigrant experience. At nine years old, Grande enters the US as an undocumented immigrant to reunite with her father, who left Mexico in pursuit of the American dream. Grande soon realizes that the United States is not the â€Å"promised land† she anticipated and her father isn’t the man she remembers. The Distance Between Us is a coming of age work that highlights the complexities of the sacrifices necessary to create a new life. Looking for a title that didnt make our list? Let us know in a comment below!

TransAsia plane crashes in Taiwan river

TransAsia plane crashes in Taiwan river A TransAsia Airways plane carrying 53 people, including two children and five crew members, crashed in a river in Taiwan’s capital. At Least 13 People killed and Carrier loses the second aircraft in last 8 months. The first deadly incident for TransAsia in the past   year    was a plane   crashed July 23 near the airport at Magong on Taiwan’s Penghu island during a thunderstorm. As a result, 48 deaths and 10 people were injured. A TransAsia plane crashed shortly Wednesday morning and fall into a river just minutes after takeoff.  TransAsia Flight GE235, an ATR 72-600 turboprop, took off from Taipei at around 10.53am and was on its way to the island of Kinmen when the incident    happened. At least   27 people have been rescued from the plane’s wreckage. A number of people have been sent to the hospital, and the death toll has been steadily rising throughout the day. According to CNA, 31 passengers aboard the flight were Chinese tourists from Xiamen. A TransAsia media office declined to comment on possible reasons for the crash, deferring to a news conference scheduled for later on Wednesday. The causes of the disaster were not immediately clear but FlightRadar24.com, a specialist website, said the      plane had attempted to   turn back before its crash and had been in the air for less than three minutes. TransAsia Airways CEO Chen Xinde told reporters that TransAsia Airways expressed its deep apology to the victims and our crew. Dramatic pictures taken by a motorist and posted on Twitter showed the plane cartwheeling over the motorway soon after the turboprop ATR 72-600 aircraft took off in apparently clear weather on a domestic flight. Another video broadcast on Taiwanese television appeared to show the plane striking a bridge before crashing. Rescue operations are ongoing and first responders in rubber boats are currently trying to enter the aircraft.

Leadership Effectiveness, Leadership Style and Employee Readiness Essay

Leadership Effectiveness, Leadership Style and Employee Readiness - Essay Example In SLT, leadership effectiveness is thought to be enhanced if "a manager uses the style of leadership that best matches the readiness, ability and willingness of subordinates and that a good match between leadership style and subordinate readiness leads to a higher level of subordinate satisfaction and performance." (Chen & Silverthorne, 2005, pp.280-288). The focus of this article was primarily to thoroughly view, discuss, and advise on the topic of proper leadership. The matter of how truly crucial good leadership is (in the workplace) and how the actions of the leader(s) affect the overall outcome is a major point of discussion in the article, with Chen and Silverthorne's main precept being that as the level of follower readiness increases, so will that of the leader, and that "a leader's task and behaviors interact with subordinate readiness to significantly influence leader effectiveness, which is defined as the extent to which a follower demonstrates the ability and willingness to accomplish a specific task." (Chen & Silverthorne, 2005, pp.280-288). In other words, the way a leader behaves and interacts and the methods he uses with employees incredibly affect the ability and will... In other words, the way a leader behaves and interacts and the methods he uses with employees incredibly affect the ability and willingness the employees (or 'followers') will have to accomplish specific tasks. What are Three Major Findings we can Draw From This Article The first and perhaps most significant finding which can be drawn after a review of this article is that of how incredibly crucial proper leadership is. It is the leaders who make the greatest impact, whether physically, emotionally, or efficiently; it has been said that leaders "have a strong influence on employee and organizational outcomes." (Vries et al, 1998, pp.486-501). One of the main sources of job stress has been linked to the organizational climate and staff attitude created by the leadership style of supervisors and managers in the workplace. It is for reasons such as this that Chen and Silverthorne wrote this article; leadership is a critical subject matter in regards to efficient and positive results. Another finding is that of employee satisfaction and how important a factor it is in the overall scheme of things. "It has long been believed that employee satisfaction increases employee performance and productivity and satisfaction and performance are correlated." (Lucas, 1999, pp.774-778). Voluntary turnover occurs when an employee terminates the employment relationship themselves. In 2001, Price found that most turnover is voluntary and is, therefore, potentially avoidable and controllable, costly, and disruptive to an organization. (pp.353-508). Whether particularly regarding poor job feedback, job dissatisfaction, unmet job expectations, performance

Minimising the emission of CO2 Essay Example | Topics and Well Written Essays - 500 words

Minimising the emission of CO2 - Essay Example At different times, the cooling load of the facility may be served by the chiller directly, by the cooling storage unit, or by both. All forms of thermal storage involve losses, and they require additional energy for the operation of the system. The key issue is reducing the electric consumption. It allows the utility to generate more of its electricity with its most efficient generators. It may also allow the utility to generate electricity with fuels that are less scarce or less critical. Cooling storage will undoubtedly become more successful, both technically and economically, as experience accumulates. The additional heat loss depends on the thermal resistance of the surface, the discharge temperature of the fan-coil unit, and the amount of surface area that is affected. If the fan coils were to be fitted under a window, the window designs can make the difference and save energy from escaping out. Wall is reasonably thick and the windows are installed flush with the outside surface of the wall, this leaves a space for installing curtains or other window treatments next to the window, without extending out over fan coil units. To eliminate draught and wasted heat use an easy-to-fix brush or PVC seal on your exterior doors. Make sure your windows are draught proofed. Turning thermostat down by 1C will cut your bill by 10%.

Criminal Law Essay Example | Topics and Well Written Essays - 2000 words - 3

Criminal Law - Essay Example istorically, in some areas, property was owned by the monarch and it devolved through feudal land tenure or other feudal systems of loyalty and fealty. Though the Napoleonic code was among the first government acts of modern times to introduce the notion of absolute ownership into statute, protection of personal property rights was present in more feudalist forms in the common law courts of medieval and early modern England. Property – Definition Blacks Law Dictionary states that "in the strict legal sense, [property is] an aggregate of rights which are guaranteed and protected by the government" and that the term "includes not only ownership and possession but also the right of use and enjoyment for lawful purposes." On the contrary, Barrons Law Dictionary classifies property as "ones exclusive right to possess, use, and dispose of a thing" [ . . . ] "as well as the object, benefit, or prerogative which constitutes the subject matter of that right." Divisions Property law can be divided into personal and real property. Real property concerns itself with rights in rem, or relating to land. Personal property concerns itself with rights in personam, or relating to chattels. Using contemporary descriptions, property has been depicted as oscillating between competing models of property as a fact, property as a right, and property as a responsibility. Declared ownership in and of itself is insufficient to constitute property in a legal sense. Rather, the idea of property arises where one can have his/her right to land or chattels respected and enforced by a court of law. Therefore, to possess good title (and thus enforceable rights) on property one must acquire it legitimately, according to the laws of the jurisdiction in which one seeks enforcement. Real property does not just talk of the ownership of property and buildings — it also involves several legal relationships between owners of immovable property (real estate) that are basically conceptual

How Starbucks Can Reduce Risks Marketing Essay

How Starbucks Can Reduce Risks Marketing Essay Multi National Companies go through severe research process before enlarging their business activities to other countries. By opting the appropriate mode of entry to international market companies can capture the market easily and reduce the risk associated with it. Starbucks, being one of the largest coffee shop in the world has opted Joint ventures, licensing and wholly owned subsidiaries to expand their business globally. They started expanding their activities in 1996 by entering through Joint ventures in Japan and through wholly owned subsidiary in Canada followed by Southeast Asia, Europe and Middle east. These strategies along with product innovations are the main reason for the success of Starbucks coffee globally. They have modified their product line up and offer 30 blends of coffee, bottled Starbucks Frappuccino, Green Tea Frappuccino, curry puffs, meat buns, sandwiches and salads to meet the needs and requirements of the consumers in particular market. Starbucks have opted a better and efficient way to expand their international activities. They expanded their business activities through Joint ventures in huge market of Japan, Greece and other big countries where as they have owned subsidiaries in some of the low risk countries like Canada and Ireland. They have also expanded their activities through licensing in countries like Malaysia and New Zealand. Starbucks studies the market first and then open few stores at trendy places. After successful marketing test and training of brew masters, it also ensures that similar coffee beverages and No Smoking rules are applied all over. They have been growing rapidly from 17 stores in Seattle to 19,972 stores worldwide mainly attracting youngsters. Their expenses on marketing is very less as they mainly rely on word of mouth advertising. They have come up with different kind of services like Starbucks Express, Automated espresso machines, and self service for their customers, which are also the reason for their huge success worldwide. Sources: International Management, Managing Across Borders and Cultures, Sixth Edition, Helen Deresky, ISBN: 0-13-614326 Careful analysis and management of risks not only mitigate losses but also provide superior returns. In the light of this statement do you think Starbucks did not analyze and manage the risks involved in the different markets it entered? Yes, I believe that Starbucks did not analyze and manage the risk involved while operating in different markets. They have mainly focused on increasing the number of stores worldwide to achieve market dominance but ignored the fact that most of their stores are running in losses. They are facing many challenges in US and overseas market by their competitors like Nestle, Tim Hortons and Dunkin Donuts. Starbucks is facing many internal and external issues like change in economic conditions, change in taste and preferences of customers, huge competition, high business development costs, etc. They also have been facing several problems due to economic crisis in several countries and had serious political problems in Middle East, which led in closure of their several stores in Iraq and Israel. Starbucks mainly focused on its expansion and ignored the competitors around them. They are facing stiff competition in Germany and France from local coffee shops. Their prices were high as compared to the local shops offering the same taste of coffee. It is right that they have come up with different range of products for different markets but failed to come up with appropriate strategies for same market. They were not able to analyze properly the opportunities and threats available in a particular market and failed to relate them with their strengths and weaknesses. They lacked product differentiation from competitors thus were not able to capture the target market. Political, Environmental, Social and Technological factors had also its impact on Starbucks internal business activities. Thus I feel, Starbucks could have done better with their expansion strategy If they would have focused on SWOT analysis and PEST factors influencing their business activities. They have to do immense research on market growth and market share of their future projects and opt for the beast available option. Sources: International Management, Managing Across Borders and Cultures, Sixth Edition, Helen Deresky, ISBN: 0-13-614326 Question 3 A company faces diverse set of risks in international markets. What were the risks faced by Starbucks in its international operations? Explain how Starbucks can reduce risks in its international business. Companies operating on international level faces several risks while doing business. Starbucks, being one of the largest chain of coffee shop is also facing several problems in home as well as in abroad. Although Starbucks has expanded enormously during its earlier stage is facing now stiff competition from its competitors. They also have employees disappointment and are not able to provide satisfaction to them. Payments made to the employees does not match with the work load they have to suffer at work. Due to their aggressive marketing strategies they have grown their rivalry and lost potential customers. Japan, which was the largest overseas market for Starbucks followed by United Kingdom started facing decline in their profit rates. The main reason for the declining profit rate for Starbucks is due to mismatch of their policies with customers expectations. Starbucks thinks that they can increase their profit by increasing their stores day by day but they fail to provide customers satisfaction. Their prices are still high than of the competitors and they failed to satisfy the newer generation. According to me Starbucks have to adjust its policies and reposition its product line up according to the market in which they are dealing. They also have to come up with new and better line up for customers as their taste and preferences keeps on changing. Starbucks have to try to increase the level of employees satisfaction by increasing their salaries, providing initiatives, bonus and other allowances. They have to study the controllable and uncontrollable factors that they face while entering global market. Innovations and Investment are the key factors for them in the long run. Through study of PEST and SWOT analysis can be very effective in maintaining their leadership worldwide. Sources: International Management, Managing Across Borders and Cultures, Sixth Edition, Helen Deresky, ISBN: 0-13-614326

Eulogy for Father :: Eulogies Eulogy

Eulogy for Father As you all know, there were certain things Loyd liked -- dogs, and poker games, football, and airplanes -- and there were certain things he didn’t like -- carrots, political speeches, telephone solicitations (especially those made by insurance men), and long-winded eulogies. I won’t do that because for every story that I could tell today about Loyd, his friends here today could tell fifty more. I am very secure in the knowledge that Loyd lived every day of his life to the fullest and I feel that Mother and Delia Ruth are secure in that knowledge as well. And we are very grateful to you all to be here today with us to honor his life. As Brother Sam said, Papa was born in Norfolk County, Virginia, the son of Ovie and Ruth Owen. One of his earliest memories was of crossing the Mississippi River on his way back home to Texas where he lived, except for his time in the Army Air Corps, until his death this past Saturday. He graduated from Junction High School in 1938 and he very much enjoyed his memories of playing football for the Eagles, a game that he continued to love throughout his life, second only to poker, and most recently, the lottery. He enlisted in the Air Force on July 30, 1940 and was given the opportunity to become an enlisted pilot with the rank of Staff Sergeant Pilot . His membership in the Army Air Corps Enlisted Pilots Association gave him great pleasure and just last month in Austin he and his buddies refought the war at their bi-annual reunion. You’ll be very pleased to know we won again. He was a graduate of the class of 42-H from Kelly Field and flew fifty-one bombing missions in North Africa, Sicily, and Italy. He married Dortha W. of Menard the same day he received his wings, September 6, 1942. He liked to say he got his wings that morning and had them clipped that afternoon. For more than 50 years he has owned and operated Buster’s Laundry and Cleaners, first with his parents and then as sole proprietor. He was very proud of his business and once we were together at a social gathering in Kerrville and he had been sitting there with that look on his face you all know so well listening to self-important oil men and bankers talk about their work.