Decision Making Essay Example | Topics and Well Written Essays - 500 words

Decision Making - Essay Example From this research it is clear that effective decision-making necessitates that the person making the decision understands the situation driving the decision, recognizes and defines it, identifies alternatives, chooses the best option and then puts it into practice. Problem solving is a logical, goal-oriented process that outlines the action necessary to solve a situation where the actual and expected are differentiated. The situation has no routine solution, or there is a thing that is not satisfactory and recognizes that problem as a chance forcoming up with a solution or decision that ought to be effected by a person or persons and which lastly, and importantly ought to be worthy resolving. The person solving the problem has more or less well defined objective and solution although it is not instantaneously clear how to achieve it.This paper declares that  the decision maker and problem solver ought to comprehend their achievements and desired accomplishments. The next step invo lves collecting and gathering the relevant information and data regarding the situation. It is apparent that some of the information will be out rightly available whereas some other critical data will need to be actively sought for.  For effectiveness, it is a good principle not to make decisions without critically important information regarding the situation.  Decision-making and problem solving processes are an exceptionally critical part in business.

Life Of Goebbels And His Propaganda Essay Example | Topics and Well Written Essays - 1000 words

Life Of Goebbels And His Propaganda - Essay Example Goebbels believed that the Jews were an obstacle to Germans success and that Jews refused to be real Germans. With all these intrigues, Goebbels was fed up with life and did not see the need to even get up from bed to work at a job that could not satisfy his needs. His political career begun in Sep 27th, 1924 when he started to write about political and cultural issues affecting the people of German, and in this case, the Germans themselves. National Socialism is what he advocated for because he was of the opinion that traditional religions played no role in deliberating Germans from slavery and political divide. Nevertheless, his journey to make things work out was met with challenges. For instance, in 1928, he was accused of being a homosexual; something he claims was just propaganda to disrupt his efforts of liberating the people of German. Points of interest Determination- With many deliberations on the journey of Goebbels and his fight for Germs liberation, it is apparent that b ravely was in him and that he could not stop at any anything less than the victory of his people and his party. Propaganda- In addition, the use of propaganda seems to have been the game of the day as political battles heavily relied on it. The impersonation was a great trait that made Hitler popular especially due to his powerful speeches. His facial expressions and gestures were some of the tactics Goebbels admits to having admired most from him. Goebbels believed in using every means possible to acquire political and cultural victory on what he believed was the foundation of the good life to all Germans. Arguments Although Goebbels was a powerful political and cultural activist, there is some aspect of lack of realism and abuse of human rights. Goebbels advocated for war in order to win political supremacy.

Nestle Was Founded In 1866 Management Essay

Nestle Was Founded In 1866 Management Essay Nestle was founded in 1866 by Henri Nestle and has become the worlds biggest food and beverage company by now. Nestle employs around 250,000 people from more than 70 countries and possess operation centres in almost every country in the world. Nestle is one the world largest food producer in the global platform with the success of highly product innovations and business acquisitions. Nestle has diversifying its product line into various type and expanded its market share within the world since years ago. Although there are a huge number of products need to be produce by Nestle but the quality of the products are always the priority of Nestle to renowned throughout the world. The existing products of Nestle are growing through high level of innovation and renovations while maintaining a balance of geographic activities and product lines. The short term performance is the crucial element to fulfil the long term plan of the company in future. The Companys priority is to bring the best a nd most relevant products to people, wherever they are, whatever their needs, throughout their lives. Nestle, a caring company that has produce different taste for each country in the world to fit with the local culture and needs. Nestle is a company that operates with decentralization style. For an example, each operation country is responsible for the efficient running of its business, which including the training of the staffs. The company vision focus on making good food central to enjoy a good and healthy life for consumers all over the world. This implies that Nestle is gaining a deeper understanding in many areas of nutrition and food researches and transforming the scientific advances into applications. By having a broad vision, the company is doing its best for their consumers to show the great sense of responsibility. Everybody knows an operation of a company is frequently come with the conflict and negotiation in workplace. The conflict can be improves the responsiveness to external environment and increase team cohesion. Conflict will be arising even in our daily lives and being experienced since we were a kid. Emotions arising when there is disagreement occurred. When the level of conflict has lifted, it might lead to severe agency problems. Different people will have differed perceptions towards any single issue such as the methods to resolve any kind of problems. Conflict is an unavoidable issue within the business environment due to it relates directly to communication and hierarchy matters. Thus, in this assignment we going to discuss and learning from the topic of Conflict issue of Nestle (Malaysia). Methods used to collect the information. Accurate and thorough use of course concepts in OB relates to the issues.( 5 marks) They are two category of methodology that we required to adopt in this assignment, which are primary and secondary. After much consideration, we choose to use the questionnaire method as primary method to investigate inter-organization conflict. Due to the interview drawbacks, it can be very time-consuming such as setting up, interviewing; transcribing, analysing, feedback, reporting, somehow and it also can be very costly to student like us. Besides thats, different interviewee may have different understand and transcribe interview in different ways. In contrary, the questionnaire isa most economicoffer in terms of expenses and time involved. By using questionnaires, the potential information can be collected from a large portion of a group. Therefore, the yield data more comparable than information obtained through an interview. In the tip to toe questionnaire research, we useda week to done the research from distribute questionnaire questions to collect the employees respond and process the frequency from the outcome. In seven days, we allocate three day in select and distribute those question, another three day for collecting the employees responded the questionnaire, while for the last day to process the frequency from the outcome. The main emphasis here is on the communication conflicts, which cover all the three levels of the companys hierarchy. From the head, top management followed by the middle management and at the bottom part is employees who below the manager level. There were several types of questionnaires were designed for each level, therefore the questionnaires distributed at the top were least and maximum at the lower level Results from Questionnaire Variables Frequency From management (10 person) More than the desired output of the employees make can be harmful to the organization? Yes 09 No 01 There is a free flow of communication among the employees Yes 10 No 00 Employees are properly informed about decision taken? Yes 07 No 03 There is a consistency among the management policies Yes 08 No 02 From employees(20 person) From how long have you been working in the organization? 6 months 04 1 year 02 3 years 10 Or more than 3 years 04 What kind of boss do you like to work with? A competent but difficult boss 13 A lenient but incompetent boss 07 Which type of leaderships style do you like the most? Autocratic 18 Democratic 02 How your management does is doing the evaluating among the employees? Performance base 18 Merit base 02 Preference to work with: Friendly but incompetent colleague 09 Difficult but competent colleague 11 Receiving assignments with proper resources to execute Yes 15 No 05 Favouring the dress code? Yes 20 No 00 Employees are properly informed about decisions taken Yes 10 No 10 There is a free flow of communication among the employees Yes 18 No 02 Employees usually face communication problems with: Top management 04 Manager 16 Who should be blamed Top management 04 Manager 16 More organisational hierarchic conflicts are faced by Top 05 Middle (manager) 15 Lower 00 Level which should be held responsible for that? Top 06 Middle (manager) 14 Lower 00 As for secondary method, we are required to look into several journals and reading materials. In the internet, it provides us thousands of links and website to search for conflict and negotiation management. By apply the theory and practical model from the journal that we selected, we able to plant it into the recommendation part of this assignment. Integration of course concepts with information about the company (15 marks) A basic existential of a company is continuously improving and gain growth together with its employees in the long run view. However, conflicts will be arising to achieve such a desirable outcome. In this section, our team try to locate the conflict and negotiation issue happening in Nestle, and consolidate with the academic part in order to explain how the organization practise in reality situation. By referring to Nestle, there are a few issues that have evoked huge conflicts and resolutions were given to overcome them. The sources of conflict based on the issues that we had discover included differentiation, incompatible goals and communication problem. Issue no.1 Nestle vision and mission stated that, the company want to be a leading, competitive, nutrition, health and wellness company. Thus, milk powder formula has been launched and the main purpose for this product is to let the mothers become even more convenience and able to give their infant with better nutrition formula. The third world mothers hungered for westernization and feed their infant with the milk powder formula. Due to the limited knowledge of the third world mothers do not realize that over-diluted will caused the infants suffered from malnutrition. The infant formula conflict began in December 1970 and turns even worse in the year of 1973. The reason that this issue being arise is due to Nestle accused of getting third world mothers to adapt on the infant milk formula, which consisting less nutrition fact than breast milk. Begin from July 1977 a severe boycott event is held by the public towards Nestle. In January 1981, Nestle has established Nestle Coordination Centre for Nutrition.Inc (NCCN) to reduce the risk of misuse the infant milk formula and the protesters who boycott Nestle. NCCN has gathered all the relevant information from the critics to establish strategies. NCCN has communicated and disseminate the product information to the third world mothers on behalf of Nestle for solving the infant formula conflict. In this issue, we can categorize this conflict into the differentiation as one structural sources of conflict. In such case, Nestle try to promote their product into third world country to enrich their market niche in the same time helping the woman there obtain the benefits from milk powder. From the relevant article shown, Nestle adopt avoiding as conflict handling contingencies at the initial stage of boycott activities. Nestle did not observe issue that is going on around them, they didnt check the initial forum, journals, magazines, and other common news media, in the sense that they didnt handle the issue properly and it means they have used the wrong tactics to handle the problem in early phase. Since thats the case, the avoiding approach had caused the boycott adjacent (frustration) to Nestle had started on 4th July 1977. After the failure in combat the infant issue at 1970s, Nestle finally establish the NCCN, which mean they start to create and claim the value back from publ ics. By managing the information, Nestle successfully resolve the conflict by understand the activists needs, and win back the confidence from public by work together with the group of social auditors to help them improve their weaknesses. Issue no 2. Palm oil is one of the main raw materials to let Nestle to satisfy its productions need and produce the final goods to fulfil the needs of the Nestle products consumers. Due to the scarcity of palm oil and high demanding from its production, the consumption of Nestle has doubled since the last few years. Conflict was arising that Nestle needs a huge number of palm oil to produce its products, however to obtain such a large number of palm oil had endanger the natural environment due to the main supplier (Sinar Mas) led to a vast majority deforestation. In order to fulfil the needs of Nestle, Sinar Mas conducted a huge deforestation event and caused massive pollution. In this case, Greenpeace (a non-government environmental organization) has interfered in this issue and condemned Nestle that encourage the unhealthy trend growth for obtaining the palm oil. Indirectly, Nestle has caused such a huge destructive event that executed by Sinar Mas. This has impacted on the rain forest and nat ural habitat of orang utans and further extinction. Since the unfavourable business practice of Sinar Mas has been disclosed at the early 2010, Nestle has stopped the palm oil purchasing contract with Sinar Mas and decided to co-operate with Cargill, one of the largest palm oil suppliers in the world. In another hand, Nestle has also created: The Nestle Supplier Code (TNSC) and being implemented since August 2010. Under TNSC, Nestle reflects the suppliers need to be full compliance with applicable laws and possess high level senses of responsibility towards the entire stakeholders. In this case there are two serious issues arouse, which are the attitude of Nestle public relationship toward social network and their intention on deforestation decision making. A Kit-Kat sarcastic video clip was released on Youtube which focus on the content of palm oil and deforestation issues that launched by Greenpeace. Nestle social media team was fighting back by chasing the video clip all over the internet and tried to cover all the unfavourable relevant information off from the internet. Nestle also taking action by removed the video clip from Youtube, however the video clip has reposted in another social media platform named, Vimeo. Besides, Greenpeace uses twitter to talk about the censorship attempt by Nestle. The video clip has caused a huge impact towards Nestle, thousands of anti-nestle discussions were removed from the Nestles facebook page. Nestles facebook responds team was responding to those criticism posts and comments by threatening to delete comments. The way of respond by the Nestle social media team has led to further issue. Nestle representative has apologized for the incidents happened in the Nestle facebook wall. But, the image of Nestle has been affected and the stock price was dropped after these incidents happened. In this case, the incompatible goals between Greenpeace and the forest destruction parties had arouse the relationship conflict. Once the conflicts break out, Nestle adopted two different approaches in two different nature issues. In deforestation, Nestle at the very early stage escape from the public eye, try to dodge the column. Until they cant take it off from the public pressure, Nestle then start to compromise to the interest group by distance themselves with Sinar Mas, and subsequently establish a supplier code of ethic in order to prevent similar mistake happen again. However, in social media, Nestle had shown bad public relation to the world, which they uphold high assertiveness while low cooperativeness. Thus, they remove all of the critical comments at the official Facebook page which we think this behaviour completely indicates they have deep conviction about their position. Besides that, by removing the comments also consider as a quick resolution to ease the issue. However, these unwise decision lead to an official apologize from Nestle to public. In the end, the public relation week reported that Nestle was looking to hire a new agency to help with its image online.   Questionnaire analysis The following is a depth analysis of the responses from the management and employees: Communication problem is the third source of the conflict and it is mostly within the inter-organizational level. Employees attitudes, behaviour, individual biases, ethnics discrimination and improper channel to communication may lead to a huge and unavoidable conflict. One of the Nestle employees reveals that, the selection biases of a manager may lead conflict within the company. For an example, if a human resources manager who possessed selection bias interferes in the process recruiting the new employees, the manager might select his or her preference candidates for the job vacancy.   Based on the questionnaire result that we have been distributed to the Nestle Malaysia, bad attitude of the manager may lead to escalate conflict level into a worse stage. Great majority of the employees preferred to work for a cooperative competent boss and also the colleagues. Employees were in fully support for the dress code in the research but the managers statements were totally contrary to that of employees. Maximum number of managers and employees come to consensus that free flow of communication among the employees which is a good sign to two ways communication. There are big number of respondents blamed the manager for hierarchic whether vertical or horizontal, the manager is a key factor and he should be perfect in dealing to all grounds or else, the conflict would emerge of all type. On the other hand, issues of authority and responsibility balance could be further if the manager takes big decisions such as jobs confirmation and salary decisions then, there may be conflicts, and we suggest these decisions must be taken by the top management (directors) in order to reduce the unnecessary conflict. The manager of NESTLE also raised the point of communications problem. They believe that the every information must be communicated from their tables. If in any case any employee bypasses the manger, there may be a conflict arose between them too. Usually, the organizations do have coordinators who are directly answerable to the top management. These coordinators hold responsibility to look at both side and try to look into the factor and solution of inter-organization conflict. Some of the employees reveal that bad attitude of the manager and arrogant nature of the boss could also become one reason of conflicts. They prefer to work with an effective but highly cooperati ve person rather than an efficient but uncooperative one. Extent to which recommendations are consistent with analysis. (5 marks) Training From the questionnaire, the first thing which found, was the insufficient of coaching given to the employees, managers comment that, in an organization employees always have to work together in groups, and if someone feels that he or she unable to co-operate within the group, then there is some trouble lies with particular employee. However at the same time managers said that it is also the organizations responsibility to teach and educate the employees how to work together in groups through proper training. This is a serious topic in order to generate a good working environment in company while each people are concentrating on different task. We found that, without the existence of training, the organizations might face serious types of irresolvable conflicts, which are definitely not fruitful to the organization. To avoid unnecessary conflict took place in the workplace, every staffs and management must participate in organization programming to realize and overcome of conflict sources. Organization could implement conflict management training to all staff members who wished to involve into the training. The objectives of this training are make the participants can gain a clearer understanding of how to deal with conflict and utilized it for maximum opportunity. Participator may able to recognize the various stages of conflict and avoid it from escalating. After completing the program, they could identify their own preferred conflict resolution style and utilized several of ways for managing conflict successfully. However, participator will learn the techniques in handling emotions issue, it bring more productive relationships with each others. Organization can implement Six Steps of the Collaborative Model to strengthen conflict management training program. For instance: Step 1-  Define the problem in terms of needs not solutions Define a problem in terms of conflicting needs but not conflict the solutions. Besides, it is needed for each member to understanding the problem, so that energy will be focused in the same way. Step 2  -Brainstorm possible solutions Barnstorming can define as a quick provide and listing of solution without any clarification and without evaluate of the merits. It must be creative while generate a possible solutions. Step 3  -Select the solution (or combination of solutions) that will best meet both parties needs. Both party should be active listening and genuinely consider the other persons preferences. Make sure both of the parties understand the solution. Step 4-  Planning (who will do what, where, and by when) When both individuals close to a decision, may write down all the details and understand the solution that they made. Step 5-  Implement the plan Immediately after a solution had decided, decide who will do what and when. Carry out respective part of the plan as soon as possible and trust the other to do their part. Step 6-  Evaluate the process and the outcomes After the problem solving session, step back from it for a moment and check that both parties are happy with the process. All decisions are open to modification or repeal, but not unilaterally. Stereotypical problem Besides from the training within organization, there are also problem such as stereotypical idea planted in office and workplace. This empirical study derived from certain factors regarding the employee self thinking especially experienced workers they keep retain their close mind and not willing step out to recognize the new and young blood. In such case, the younger workforces tend to received reproach and stress given from experienced workers. This situation will bring a big impact in company long term developing and operation. To prevent and neutral this issue to be more benefit to company, company implement several types of solution to solve the problem. First thing first, Company could work with local colleges to teach young people how to act and what will be expected of them in the workplace. Hereby, company able to provide an opportunity to senior employee to share their experience to the potential younger worker. Thru this program, the young blood may obtain some lecture and empirical talk before they venture into the company. Secondly, company can organize some interaction event to pull close both parties relationship. It could improve the relationships and tend to consensus employees mindset and goal. By having such seminar, it is aim to encourage the experience workers to develop an open-minded to young worker. In addition, senior worker ought to act as a mentor whom always guides the younger worker to make them feel comfortable in workplace. Undisputable, Nestle had committed very serious mistake in handling the issue towards their external stakeholders. From the case mentioned above, Nestle ought to uphold the value which act and response immediately to the outbreak of dissatisfaction from public. We would like to suggest Nestle should develop a principle that able to response quickly to social issue. The main reason to impute to Nestle had adopted the same tactic, which is drag and try to run away from the responsibility. Despite both incident was happened in different time (1970s and 2010s), the Nestle company still no getting improvement in handling consumer complain instead become worse in the public relation skill. In this part, we suggest Nestle to review the public relation system and operation, in order to eliminate the old way doing it, and develop a better and efficient mechanism. Conclusion After we done all the research and studied the issue of the conflict in Nestle (Malaysia) , we have the conclusions that workplace conflicts  is itself not a problem, but it is a serious symptom of some factors that are usually ignored when designing the organizational structures. From the issues mentioned, structural sources of conflict such as incompatible goal, scarce resources and communicate problems are identified that usually are the root cause of the conflicts, which is ethnicity, personal jealousy, arrogant behaviours and communications problem. We also find out the consequence of unresolved conflict may affect job satisfaction, employee loyalty, and stakeholders interest in any given organization. Superior should mediate a conflict by using the right method. Conflict may affect employees commitment and activist attention through the organization and increase the rate of absenteeism in workplace and reputation destruct. Several ways to deal with conflict, such as avoiding, compromising, collaborating, accommodating and yielding come into picture. Different styles of conflict management have its benefits and weaknesses, users have to identify the most appropriate conflict styles based on the different situation they are in. By following the conflict resolution procedure, conflicts will be solved easily. In conclude, having conflict is not a bad appearance in company, the main reason which is the conflicts serve as a learning curve for all organizations. In this era, a company without conflict and negotiation, it will hardly to improve. Superior and subordinates should learn to resolve the conflicts that occur instead of just avoiding that conflict. Employees should learn and practice the various methods of conflict resolution. Superior and subordinates should start solving conflicts as it is the only way to ensure that conflicts are handled better in the future.

Juvenile Criminals Should Not Be Tried as Adults :: Juvenile Crime Jail Prison Essays

Juvenile Criminals Should Not Be Tried as Adults Today?s court system is left with many difficult decisions. One of the most controversial being whether to try juveniles as adults or not. With the number of children in adult prisons and jails rising rapidly, questions are being asked as to why children have been committing such heinous crimes and how will they be stopped. The fact of the matter is that it is not always the children's fault for their poor choices and actions; they are merely a victim of their environment or their parents. Another question asked is how young is too young. Children who are too young to see an R rated film unaccompanied are being sent to adult prisons. The only boundaries that seem to matter when it comes to being an adult are laws that restrain kids from things such as alcohol, pornography, and other materials seen as unethical. Children that are sent to adult prison are going to be subjected to even more unprincipled ideas and scenes. When children can be sent to jail for something as minor as a smas h and grab burglary, the judicial system has errors. The laws that send juveniles to adult prisons are inhumane, immoral, and unjust. Kids are often incompetent, which leads to unfair trials. Adult prisons are also very dangerous for minors, and in many cases this leads to more juvenile crimes. People support sending juveniles to adult prisons for many reasons. One reason is that it is the job of the courts to help protect society. Once a troubled juvenile is sent to an adult prison, they are out of the way of society. Hopefully when they re-enter, the punishments they received will be imprinted in their brain and stop them from performing any wrong again. Another reason people think that disturbed youth cannot be saved is that punishment will not save them from themselves and they just need to be locked up forever. It is thought to be true that juveniles who are sent to jail will not commit the same crime again or even any crimes at all. All the reasons and opinions that say that juveniles should be sent to adult prisons for their heinous crimes seem logical. Despite this, they are not. There are more rational reasons why adolescents should be sent to their own private penitentiary. One of the reasons for sending juveniles to a separate prison than

Costs of residential photovoltaic solar electricity Essay

Abstract Now a day’s electricity is more important concern. We use a lot of home appliances which is operated by electricity but electricity we use; it is costly and not available every where. As we know sun is the source of energy, the energy which provided by the sun, less in cost, mostly available every where in abundance.  Ã‚   Where electricity is not available in that case electricity generation by using solar energy can solve our problem but the main problem is that before apply such a technique, we familiar with installation cost, its limitation, uses etc. In this paper I want to focus our attention Costs of residential photovoltaic solar electricity with battery storage and its installation. Costs of residential photovoltaic solar electricity with battery storage   Sun is the most imp energy source of energy. Energy which is finding from sun is almost free of cost, pollution free and most abundant in nature. The generation of electricity from solar energy is one of the best uses of unconventional energy resources. We can generate electricity from solar energy by two ways one by used to photovoltaic technologies other by used to solar thermal technologies. Photovoltaic cell is the most important means for electricity generation; we use photovoltaic generated power because it is very reliable, low operating and construction cost and pollution free, so its use increases day by day. There are around thirties different devices used now a days. We store this electrical energy in the battery bank. There are around 400,000-800,000 photovoltaic systems operating worldwide its typical size varies from 50 watt to 1 kilowatt (kW) for stand-alone systems with battery storage and small water pumping systems; its cost varies according to use of photovoltaic panel, the average cost of approximately US$4 per watt. Its approx cost for 5000/kw photovoltaic module is $2600 and for photovoltaic system approx 7000/kw is $4700.to accurate measurement of the cost it is necessary we compare it from other energy resources with all aspects. We use photovoltaic module less than 10kw and it is increases according to use. In the beginning the installation cost is much but if we compare it from other resources it is cheaper to use as in the village where no electricity or it may have, the photovoltaic technology provide direct electricity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   So the electricity generation by photovoltaic solar panel is cheaper than other electricity generation if we compare it for all aspects.   References:   Gupta, D., Mishra, V. (2005) Energy Ecology, Environment and Society. India.    Joshi, J.C., (2007-08) Research and Development. India. Hurricane, G., (2007-08) PV- An edge over other energy forms, article on PV.

Case Study: Translating Talent in Three Businesses Essay

1. How does Sol y Canto define its business? Identify the offer, the target market, and the product and delivery capability. Sol y Canto define its business by creating â€Å"music and performances that move, delight, excite and connect—connect that audience to the richness of Latin American culture; connect individuals, Hispanic and non-Hispanic, to each other through shared experience of music, poetry, humor and a joyful, playful vibe; and connect us all to our hopes and visions of a better world.† They have a wide target market ranging from preschoolers to senior adults in a wide variety of settings. Depending on the number of performers, the events can last anywhere between 45 minutes to two hours. They perform primarily in the US and Puerto Rico at concert halls/venues, school settings, and senior centers as part of their nonprofit’s mission to serve the community. Sol y Canto was founded as a result of an experience. In 1984 my husband and I met through a three-week cultural exchange tour to Nicaragua. We created our first band, Flor de Cana, out of that life changing event, committed to signing about the reality in Central America and opening the eyes of the North American people as to the role of our government in Nicaragua’s war in the mid-1980s. â€Å"Sol y Canto’s mission is to create music and performances that move, delight, excite and connect that audience to the richness of Latin American culture; connect individuals, Hispanic and non-Hispanic, to each other through shared experience of music, poetry, humor and a joyful, playful vibe; and connect us all to our hopes and visions of a better world.† Their target market has a wide range from young children to senior adults in a variety of setting. Their events can go for 45 minutes to two hours  depending on the number of performers. They usually perform in the US and Puerto Rico concerts. Schools, senior care centers for their nonprofit. 2. Describe the culture of the Amadors’ business. Amadors’ culture is very simple. They are a small company of six that communicates regularly. They are all extremely close and have developed a strong sense of respect, consideration and open communication with one another. They hold weekly staff meetings to ensure that all issues are resolved quickly. 3. Which methods of deciding upon business opportunities did Rosi and brian Amador pursue? Rosi and Brian saw opportunity in their voice over business, so they began focusing on pursuing voice over work out of their home. They used their twin daughters to help with the voice-overs, as well as kept costs low by staying at home. This led them to succeed. 4. What competitive advantages does Amador Bilingual Voice-Overs have in the voice-over field? List them and indicate whether each is based upon quality, price, location, selection, service, or speed/turnaround—or a combination of these. Amador Bilingual Voice-Overs have a competitive advantage because their pricing is competitive, their onsite facilities eliminate the cost of†¦

Night Analysis of Dehumanization Essay Example

Night Analysis of Dehumanization Essay Example Night Analysis of Dehumanization Essay Night Analysis of Dehumanization Essay Essay Topic: Bad Boy a Memoir Demutualization in Night Night by Lie Wishes is a memoir that documents the story of a young Jewish boy named Likelier who was born in Sighed, Transylvania during World War II. The story begins in his hometown, where life is normal and calm before the storm. It quickly transitions into Nazi occupation, persecution, segregation in the form of ghettos, and eventually deportation to camps. As the Jewish people arrive at the camp known as Auschwitz, they are separated and many are immediately executed while the rest are sent off to work. The persecution does not simply end at hard work all day for the Jews, and as time goes on things become progressively worse for Likelier. The Nazis rip and tear at the humanity of Likelier throughout the book in an attempt to euthanize him. For most of the Jews in the camp the end is a physical death; however, what Likelier experiences at the end of the book is an internal death of himself. The AS soldiers achieve his internal death through segregation, mental abuse, and physical abuse that is so ingrained in the mind of the Likelier that it becomes a natural part of his existence, an everyday hell. As Haltering states, Night fines the nature and charts the consequences of a loss of faith in the protagonist, Likelier, as incident by incident, layer by layer, his trust in God and man is peeled away. It is this peeling down process which constitutes the essential structure of Night and enables us to see it as a whole (51). What Haltering means is that The Nazis goal is to euthanize Likelier. The Nazi soldiers successfully peel away at Lispers humanity through various forms and methods until Likelier dies on the inside. The first step towards dehumidifying Likelier is separating him from non-Jews. As he Jews are being placed inside the ghettos, Likelier observes, The barbed wire that encircled us like a wall did not fill us with real fear. In fact, we felt this was not a bad thing; we were entirely among ourselves (11). No fear can be seen in Lispers thoughts, although readers know there should be. Likelier is still unsuspecting of what was to come, and that is what allows him to be taken so easily. Had the Nazis taken the Jews all at once, The Jews would have struggled much more, especially if they knew what was coming. The Nazis took things slow so as to avoid an uprising, to maintain control. Later, to further pronounce the separation between the population into Jews and non-Jews, the Nazis force all of the Jews to wear yellow stars on their clothes. About the same time that the Jews are placed in ghettos, with a more nervous tone in his voice, Likelier ominously notes, Three days later, a new decree: every Jew had to wear the yellow star (11). The Nazis want to make it visibly known that the Jews are different. They force the yellow star on them so that anyone could know who was Jewish and who was not. Not only this, but also many decrees are set out that limit what people with the yellow star can do. By limiting Jews, the Nazis enforce a barrier between them and non-Jewish people. However, after all this segregation, and even someone within their community warning them of what to come, the Jews are still denying the inevitable. No one could really imagine, even in those rare cases where individuals came back and insisted that the deported were centers (Friedman 206). It is important to recognize the denial of what is about to happen, because much has yet to happen to the poor Jews of Sighed. For the coming weeks, the Jews would be abused and tortured not only physically, but mentally. To proceed in the demutualization of Likelier, the Nazis torment his mind with disturbing images, and crush his spirit. Fine notes, Once Likelier enters Auschwitz, he loses his sense of time and reality. Darkness envelops him and penetrates within: his spirit shrouded, his God eclipsed, the blackness eternal (49). A man who has no mind to think for himself, and no spirit to fight back is easier to control and abuse. In order for the Nazis to completely euthanize Likelier, they not only have to destroy his mind, they must also destroy his spirits. Just one of the disturbing images is when Likelier witnesses the burning of babies soon after his arrival in Auschwitz: Not far from us, flames, huge flames, were rising from a ditch. Something was being burned there. A truck drew close and unloaded its hold: small children. Babies! Yes, I did see this, with my own eyes Children thrown into the flames (32). Nothing imaginable could possibly be as horrifying as the immolation of infants. This image is such a blow to Lispers mind because it is not only the killing of the innocent; it is there to show Likelier how little life means in Auschwitz. Likelier is led to believe this so they o not value his own life, and therefore will not fight for it; in this way, the Nazis are crushing his spirit as well. While torturing of people he does not know still disturbs Likelier, the physical beating of his only friend in the camp, his father, does more than words or images ever could. Lispers father is beaten, and the fact that Likelier doesnt move to help his father scares him a little. Likelier eerily considers, l stood petrified. What had happened to me? My father had Just been struck, in front of me, and I had not even blinked. I had watched and kept silent (39). Lispers inability to eve demonstrates that the Nazis plan is working. They are successful so far as to even prevent him from standing up for his own father, the only person he knows in the camp. Had the Nazis beat his dad back in Sighed before they really started the torture, Likelier might have fought back, but now submission is the response he has. It scares him. One of the more indirect ways of crushing his spirit and mind was to take away his identity as a person, and give him a number for a name. Likelier depicts the scene with no emotion, and states it as if he does not care: The three veteran rissoles, needles in hand, tattooed numbers on our left arms. I became A-7713. From then on, I had no other name (42). This is the first time Likelier has been given a different name. To assign a number was more damaging because it represents an ordered system of storing things like apples, boxes, or other insignificant items. It puts Likelier in the mindset of not having anything to make him different from any other Jew. He now finds his identity in only numbers and the Nazis definition of a Jew. The torture of mind and loss of identity contribute greatly to his demutualization. After the Nazis have successfully stripped Likelier of his mind, they can truly now attack the only thing left in the process of demutualization, his body. The Nazis see that in order to destroy a mans humanity, they need to destroy the mind, spirit, and then the body. One of the ways they do this is to constantly malnourished Likelier. Bread and Soup became more important than anything because the Nazis starved Likelier. Of soup, my crust of stale bread. The bread, the soup those were my entire life. I was nothing but a body (52). Likelier confirms in the last sentence that the Nazis had tripped him of his mind and spirit that this body is the only thing he has left. The Nazis do not let him keep his body either, they continue to keep him malnourished the rest of his time, and cause many other physical pains over the course of the coming weeks. Aside from starving Likelier, they beat him senselessly on multiple occasions. Likelier remembers, One day when Ides was venting his fury, I happened to cross his path. He threw himself on me like a wild beast, beating me in the chest, on my head, throwing me to the ground and picking me up again, crushing me with ever more violent blows, until I was covered in blood (53). The Nazis have no regard for the body or the pain of Likelier. The Nazis persecute relentlessly, and are able to do so consistently without revolt or opposition. This is the final step in dehumidifying Likelier; after his mind and spirit were depressed to such a point so he would never question or challenge the Nazis, the physical abuse could begin. The Nazis first weaken Lispers body with malnourishment, and then beat him senselessly. As Wishes notes in his preface, Instead of sacrificing my miserable life and rushing to my fathers] side, showing him that he was not abandoned, I remained flat on my back, asking God to make my father stop calling my name, to make him stop crying. So afraid was I to incur the wrath of the AS (Wishes, Preface x). At first it appears as if Likelier cares about his father and does not want him to feel so defeated; however, the last sentence shows that Likelier does so only to get him to stop yelling, to silence his father a little so that the Nazis would not hurt Likelier. A normal person might not care of his or her own safety when a parent is being ordered, and would be there Just for the sake of pure care for his or her father. Instead, Likelier is a person who has lost that sense of care for another human being, and whose only motivation for helping him is so he himself is not beat. It is the Nazis constant threat of physical torture that suppress Likelier. In this way, the Nazis have now controlled the motivations of Likelier with his body. The Nazis not only starve and beat broken bodies, but they work them to the bone. Likelier remarks both on the beatings and the work, There followed terrible days. We received more blows than food. The work was crushing (77). The work now is Just one more thing that the Nazis have at their dispersal. The Nazis are good at pushing many to the point to death, but they are even better at finding out how much a person can take before they die and going a step back from that point to torture them that much longer. A starving body is weak; a broken body is weaker, so pushing them to this point can only be agonizing. After all Likelier experiences, his mind is under control, his spirit is crushed, and now his body has been broken. This total control over his body is crucial to his demutualization, and destruction of his soul. After the destruction of his soul, he is broken on the inside. He has experienced these atrocities, and the only people that he has left to hold him together inside are God and his father. So as to isolate Likelier, the Nazis succeed in killing God and his father. Likelier remarks his distrust in God after seeing the young boy being hanged, My eyes had opened and I was alone, terribly alone in a world without God, without man. Without love or mercy. I was nothing but ashes now, In the midst of these those in prayer like strangers. He does not see them as equals or as believers. He has owe been isolated from God, and in that way, the Nazis have taken away Lispers God, or at least made him question God. They leave him without a higher power or an all present being to rely on. This is especially important to the Nazis goal of total destruction because God is the one being that Likelier can rely when all human presence is gone. This forces him to put all of his faith in the present, in what is happening. The only person that he has left to cling to is his father. The Nazis know that the only way to finally destroy his soul is to strip him of all he loves and knows. He will be an empty body walking if they succeed. Likelier remembers, No prayers were said over his tomb. No candle lit in his memory. His last word had been my name (112). Now his father has been killed, never to be seen again. Likelier is now truly alone in the world, with only his broken body and a number left to him. The Nazis have succeeded in killing him. There is proof that he has died after he has been liberated from the camp. He looks at himself in the mirror, and all he sees is a dead corpse: One day when I was able to get up, I decided to look at myself in the error on the opposite wall. I had not seen myself since the ghetto. From the depths of the mirror, a corpse was contemplating me. The look in his eyes as he gazed at me has never left me (115). His death cannot be seen, except by him when he looks into the mirror. He still walks and breathes, but the inside is now missing from him. The Nazis succeeded in their ultimate goal of killing his soul while preserving the body that used to hold it. Through segregating him from non-Jews, torturing his mind and spirit, and nearly destroying his body, the Nazis succeed in peeling away his immunity. To be human is to be able to live, laugh, love, think, and be happy. In Auschwitz, the Nazis took away all ability to feel. They desensitizing them to horrific, awful sights that would haunt anyone for years. Likelier experiences the worst of what Auschwitz has to offer the prisoners. Most of the population died a horrible death, and their names were forgotten. However, for Likelier, he experienced an internal death. Night can best be defined as a negative Bloodcurdling [coming of age story], in which the character does not end up, as expected, fit for life in society, but on the monetary, a living dead, unfit for life as defined by his community (Vain 129).

The Communist Party and Russia in 1984 essays

The Communist Party and Russia in 1984 essays When times are tough, money is short, and the food is scarce, people begin to blame what they believe to be the problem. Before the revolution in Russia, the Czars were blamed, and a change was needed in the government. Because of the Czars and a lack of sound governance, the majority of the Russian citizens were forced to live in poverty. The people had few choices and decided to overthrow Nicholas II and implement a better system of government – Communism. This solution seemed ideal because it would create a level playing field between the lower and middle class. Unfortunately, corrupt leaders came into power turning Russian socialism into an oppressive authoritarian regime. Mass killings targeted those against the communist party, in fear of losing power. In 1984, a classic novel written by George Orwell, the control of The Party and Big Brother can be related to Soviet Russia and the communist party because the communists assumed many of the same methods of control inclu ding thorough government ascendancy, using secret police and overall dictatorship. The Communist Party of Soviet Russia was similar to the Party in 1984 because they assumed many of the same control techniques, including propaganda and manipulation. The party rose to power after a few major events. The Russian revolution promised change for the common people. It also planned for the equality of all Soviet citizens. No one would be considered poor or rich. It would eliminate the social hierarchy that existed during imperial rule. At this time in Russia, the majority of the people were working class, poverty-stricken people, either farmers or some other form of peasantry. The thought of all people being equal was a great inspiration to the Russian citizens. All the citizens would be considered equal comrades. This was the start of socialism. Oceania is similar because they too had a revolution before the rise of their party. It seems the situation was almost i...

A Separate Peace Essay Example for Free (#9)

A Separate Peace Essay Essay Topic: Literature , A Separate Peace Choose cite format: APA MLA Harvard Chicago ASA IEEE AMA Haven't found the essay you want? Get your custom sample essay for only $13.90/page ? In the book, A Separate Peace, the author, John Knowles, writes to us a novel about war, but happens to focus more on the war within the human heart. This novel tells a story of two boys’ co-dependency during World War Two, and explores the difficulties with understanding the self during adolescence. Identity is complicated enough as the narrator, Gene Forrester, enters adulthood in a time of war, but a difficult friendship with a fellow student and rival leads to a further confusion of identity. Early in the book, the boys’ relationship is charged by Gene’s jealousy and hate of Phineas’ leadership. However, after Phineas falls from the tree, Gene ejects his darker feelings from himself and turns their relationship in a new direction where co-dependency, instead of envy, drives it. The central relationship between Gene and Finny, involves a troublesome search to authorize identity outside of co-dependency. Gene Forrester is a boy with many conflicts that he must face throughout his high school year. The most significant of these troubles is, without a doubt, Gene’s struggle with his own identity. At first Gene is displeased with his personality, or lack thereof. He envies his best friend, Phineas’ (Finny’s), wit, charm, and leadership. Throughout the book, Gene repeatedly finds himself acting like his friend, a transformation occurring that Gene is unaware of. There are a number of significant transformations within this story. Phineas is transformed from an active athlete into a cripple after his accident and then sets out to transform Gene in his place. This change is the beginning process by which Gene’s identity begins to blur into Finny’s, a transformation symbolized by Gene’s putting on Finny’s clothes one evening soon after the accident. â€Å"I washed the traces off me and then put on a pair of chocolate brown slacks, a pair in which Phineas had been particularly critical of when he wasn’t wearing them, and a blue flannel shirt† (78). This is the first time in the book that we notice just how much Gene is codependent on Phineas, even when he is gone. From this point on, Gene and Phineas come to depend on each other for psychological support. Gene playing sports because Phineas cannot, â€Å"Listen, pal, if I can’t play sports, you’re going to play them for me†¦Ã¢â‚¬  this allows Finny to train Gene to be the athlete that Finny himself cannot be. This training seems to be a path for Phineas simply to live vicariously through Gene. But Gene actively welcomes his attempt, for just as Finny acquires inner strength through Gene, Gene also finds happiness in losing the person he dislikes, himself, into the person he truly likes, Phineas. †¦and I lost part of myself to him then, and a soaring sense of freedom revealed that this must have been my purpose from the first: to become part of Phineas. † (77) In this way, the boys’ relationship becomes a perfect illustration of co-dependency, with each feeling off of and becoming fulfilled by, the other. This newfound co-dependency begins the evolution of the boys’ individual identities. Finny knows himself throughout the book, and is comfortable in his own skin, at least at first. After his fall, he becomes more withdrawn and tends to hide his true feelings. He seems to lose himself as the book progresses. The innocence and general good nature that defined him early on is lost in later chapters, as he continually deludes himself as to Gene’s true intentions. Gene, on the other hand, hides his true identity from Phineas and the others through most of the novel. Yet Gene truly reveals himself at several key points such as pushing Finny from the tree. The boys are living in their own secret illusions that World War Two is a mere conspiracy created by old men and continuing to believe that Gene, Finny through him, will go to the Olympics and that the world can’t change their dreams. The boys are refusing to develop their own goals and responsibilities without each other. Not even Finny’s death, though it separates them physically, can truly disentangle Gene’s identity from Phineas’. Gene feels as though Finny’s funeral is his own. In a way, the funeral is indeed Gene’s own. So much of Gene is intermixed with Phineas that it is difficult to imagine one boy existing without the other. The entire novel becomes Gene’s recollection of building his own identity, culminating in his return to Devon years later, where he is finally able to come to terms with what he’s done. During the time I was with him, Phineas created an atmosphere in which I continued now to live, a way of sizing up the world with erratic and entirely personal reservations, letting it’s rocklike facts sift through and be accepted only a little at a time, only as much as he could assimilate without a sense of chaos and loss† (194). It is perhaps only his understanding that Phineas alone has no enemy that allows the older Gene to reestablish a separate identity. One that is inferior to Phineas’. A Separate Peace. (2017, Jan 26).

E-Commerce business model Coursework Example | Topics and Well Written Essays - 2750 words

E-Commerce business model - Coursework Example In fact, the business has been making a profitable use of its e-commerce platform to attract new customers as well as retain existing customers. For this purpose the business model that this business has adopted is known as business2customer (B2C) model. This business model allows GAP Enterprise to perform transactions directly with its customers. The web site contains a wide variety of dresses for both males and females including with other accessories. In this report I will analyze the business structure of GAP Enterprise by paying a particular attention on its e-commerce business. In this report I will discuss its e-commerce model and how it makes use of its e-commerce business to attract its customers. In this report I will present some of recommendations regarding e-procurement, e-marketing, and improvement of online ordering and for Internationalization of the GAP website. Introduction In the past few years, traditional business practices have been replaced with modern and inno vative business environment. In this scenario, e-commerce is a very attractive trend that has attained the attention of the majority of business organization. Basically, e-commerce is a way of carrying out business tasks using the Internet or over the Internet. In this scenario, business and customers can communicate with each other. There are so many benefits of using an e-commerce business platform (Laudon & Laudon, 1999; Turban et al., 2005). This report will present a detailed analysis of an ecommerce platform. For this report I have chosen GAP’s e-commerce platform. Basically, this firm uses a business2customer business model for attracting different customers. In this report I will present an analysis of its different aspects. Though, the GAP Corporation is a web based e-commerce platform however it also works through a physical store can provide its customers with a wide variety of products varying from outfit and accessories such as head to toe with a well established brand. In addition, GAP Enterprise is aimed at offering and meeting the customer’s requirements and expectations in a unique manner. Thus, currently the GAP has also established the business offering a full range of â€Å"accessories and furnishings† for business customers to individualize their home, with a unique style of living and wearing. This report presents a detailed analysis of GAP’s e-commerce platform, e-commerce model and major recommendations for e-procurement, e-marketing, improvement of online ordering and for Internationalization of the GAP website. Figure 1Web site of GAP Enterprise, Image Source: www.GAP.com Organizational Overview Gap Inc. is a well-known retailer which presents a wide variety of accessories, clothing, and personal care products specially designed for women, men, babies and children under the Gap, Old Navy, banana republic, Athleta and Piperlime brands. Additionally, the staff working at Gap Inc. consists of more than 132,000 people. In addition, it has more than 3,000 corporate stores and more than 250 franchise stores all around the world. Some of the well-known brands of Gap Inc. are: (Gap Inc., 2012) Gap GapKids babyGap GapMaternity GapBody Banana Republic Old Navy Piperlime Athleta Figure 2 A Banner to Attract the customers Attraction for Customers GAP Inc. offers a wide variety of accessories and dressing styles developed through high quality fabrics and materials. Historically, this business started by offering outfit and access

Finance- Israel Stock Exchange Essay Example | Topics and Well Written Essays - 500 words

Finance- Israel Stock Exchange - Essay Example Globes, Israel Business Arena is one of the leading business publications in Israel. This article reports on a the Deloitte 2010 Global Venture Capital Survey, carried out in conjunction with venture capital associations around the world. The headline captures the negative results of the survey and the bad news for the Israeli stock market. The survey found that the majority of venture capital firms were looking first and foremost to increase their foreign investment in China (27%) and then India (14%). The article does not contain the precise numbers for Israel but notes that interest has fallen since 2009. Commenting on the results, Igal Brightman CPA, chairman and CEO of Deloitte Brightman Almagor Zohar & Co.and managing partner of the TMT group in Deloitte, said, "The migration of venture capital eastward indicates that the global high-tech industry is seeking new growth opportunities. The main indicators in the Israeli economy, among them accession to the OECD, the fall in the shekel-dollar exchange rate and the rise in salary levels, make Israel less attractive in comparison with the alternatives." This is very bad news for the Israeli economy as foreign venture capital investment, particularly in the hi-tech sector has been a key engine of growth in the Israeli economy and stock market in the past. Daniel, Robert, (November 8, 2010) â€Å"Market Watch: Israel stocks fall; gas firms hit by tax reports†. The Wall Street Journal Digital Network. Web. http://www.marketwatch.com/story/israel-stocks-fall-tax-reports-hit-gas-firms-2010-11-08. This article reports on a slight decline in the Israeli stock market on Monday, November 8, 2010. However, more substantively it identifies factors underlying the drop in, and poor prospects for the future in the natural gas sector and the telecom sector. The article reports that the Israeli government is considering a new financial arrangements with natural gas producers. â€Å"A government committee is planning to

Developing Professional Practice for a Student Essay

Developing Professional Practice for a Student - Essay Example Effective professional practice makes the difference between competency and incompetency. Throughout the unit, I have leaned the effect of acquiring best practice since during internships I would find communication and interaction with fellow staffs easy and cordial. This would not have been so if I had not gone through the unit. Effective professional practice is intense to permit students and others to develop new skills and knowledge essential in their professional practice. Professional skills The unit has equipped me with numerous skills regarding professionalism. Time management is one of the skills learned; time is an essential part of individual and its management practice distinguishes the rich and poor. I need to be wealthy in knowledge and material thus time management is an essential skill that the unit has endowed. Currently and in future time management help and will help me deliver my duties promptly and become a role model to others. Communication and interpersonal sk ills are professional knowledge and skills acquired. Communication is essential and it gives a significant impact if done professionally (Morrison, 1993). The communication skills vary from the body language, intonation and words used. The best mode of communication attraction is the first impression; within seconds of interaction people form their opinion and if my dressing is not presentable my wording and intonation would not impress them. The formal and informal communication category assists in interaction with other people such as fellow staffs, patients or clients, and management. This skill that assists me to treat people as individuals thus ensuring interpersonal rapport is maintained. The skills can assist me in the future to attract and retain clients when I start my own business and also interact with employees professionally. Further training and practice of the skills can assist to add more value to what I have learned. Teamwork is another professional skill learned. A ny profession requires teamwork spirit to make work easy and also to encourage different experts to pull together in achieving organizational objectives. These skills help me appreciate individuals with their capacity and contribution. The future is brighter with this kind of skills put into practice I can manage bigger human resource capacity. It is essential to be a team player to make effective manager or a leader in an organization. With practice and involving my role models, I can add value to skills acquired and be better. Behavioral characteristics of the successful professional skills and presentation skills are additional professional knowledge acquired in this unit. Professional skills are pillars of my professional growth and development (Karten, 2010). Practice and training are additional activities to assist in perfecting the skills acquired and remain relevant. Knowledge development Knowledge gathered from this unit is that attitude, hard work, good communication, pres entation, dedication, and devotion are professionalism values that I have to keep throughout my career development. Maintaining ethics is an essential matter in professional development since it builds a reputation and assists one earns the trust of others (Eraut, 2003). I have learned trust is essential in financial matters and going through the unit this cannot be over-emphasized.  

How technology, with particular emphasis on the internet and Essay - 4

How technology, with particular emphasis on the internet and computers, has changed world culture - Essay Example ideoconferencing like communication channels help people to conduct meeting in the virtual world just like real world, no matter where the people are located. Social networking is another latest development in computer technology. It helps people from distant parts of the world to assemble in a common web platform and share their ideas, views, photos and videos. Social networks play a vital role in enhancing the intercultural communication. It should be noted that increase in intercultural communication may definitely contribute heavily to global peace and harmony. The recent revolutions in Libya and Egypt are often labeled as Facebook revolution. This is because of the huge role played by Facebook in empowering the people in these countries. Business is another area in which computers and internet have brought huge changes. Instead of typewriters and fax machines, computers and internet are used in the business world at present for preparing and sending documents. Earlier, documents were stored in paper formats in the business world. However, at present such things are stored in digital format so that the data may not be conserved for longer periods. It is quite possible for the business executives to conduct business meeting and negotiations in the virtual world just like real world. Moreover, computers and internet help business people to take quick decisions. Education is another area in which computer and internet have brought meaningful changes. Instead of traditional classrooms, computer assisted classrooms are used in educational institutions at present. Students can get any information at their fingertips with the help of a single click, from internet. The difficulties in searching particular information in a book are completely eliminated by computers and internet. Distant education made possible by computers and internet. It is easy for a student in America to get tuition classes from a teacher in India with the help of computers and internet at

St. augustine rejected the theories of manicheanism.research this Essay

St. augustine rejected the theories of manicheanism.research this gnostic religion in more detail.what does it teachHow is it diiffernt than Christianity and w - Essay Example The fortuitous discovery of Manichean manuscripts in Turfan in the beginning of the twentieth century has thrown light on the history of the religion and its’ founder. Mani was born in Mardinu, a village in Babylon, in 215 – 216 A.D. to Fatak Babak and Marmajam, of noble Iranian lineage. Mani was a honorific and his true name does not survive, although it is postulated to be Shuraik. At twelve, Mani apparently had a revelation, in which the angel, ‘At Taum’ or ‘the Twin,’ urged him to embrace chastity, and later, to spread the doctrine of his new religion to others. On March 20, 242 A.D. when Sapor 1 was crowned King of Babylon, Mani proclaimed the birth of his new religion to the public: â€Å"As once Buddha came to India, Zoroaster to Persia and Jesus to the lands of the West, so came in the present time, this prophecy through me, the Mani, to the land of Babylonia† (Arendzen, The Circle of Ancient Iranian Studies Web site). Maniâ€⠄¢s teachings found little acceptance in Babylon, until he gained access to the royal court. Later, he was exiled and spread his message to foreign lands, as afar as India and China. He was reinstated in court by Ormzud in 274. However, the machinations of the Zoroasterian priests led to King Bahram ordering him to be tortured and killed in 276 - 277. His corpse was publicly flayed, stuffed and crucified as a deterrent to other followers of this ‘heretical religion.’ The teachings of Manicheanism centered on the distinct dualism of mind and matter, of light and darkness, of good and evil. Salvation can be attained by liberating light from the engulfing darkness. Mani used an effective combination of myth, preaching and reasoning to spread his new religion. At the origin of the universe, the eternal Paradise of Light extended limitlessly towards the North, West and East, presided over by the Father of Greatness and

Grant proposal+SOP Coursework Example | Topics and Well Written Essays - 1750 words

Grant proposal+SOP - Coursework Example 1. Title of Project Incidence of the lateral flagella Flag-2 genes in clinical isolates of E. coli. Supervisor(s) surname(s) Forename(s) Title(s) Current post(s) and Employer End date of current funding or normal retirement date Dr J. N. Fletcher J. N. Doctor 3. Proposed Student (where applicable) Forename(s) Title(s) Current post(s and Employer End date of current funding or normal retirement date Fatima Alshannag Fatima PhD student 4. Organisation (administering award if approved) Yorkshire Cancer Research Department accommodating project (and Organisation if other than above) City or Town Bradford Applicant’s Tel. No. and Email address 5. Number of hours per week individuals named in (2) above will devote personally to this studentship. 6. Proposed starting date for period of funding Proposed duration 7. Abstract of Research (10 lines of text in Times New Roman 11-point single spacing). Do not increase size of text box. 8. Full official postal address of applicant Telephone number Fax number Email address 9.1 Does this application follow on from a previously funded YCR award? Please give details. No, this application does not follow previously funded YCR award. 9.2 Is this a resubmission in any part of an application to YCR? No, there are no resubmissions in any part of an application to YCR. ... d summarise the support provided (including its tenure) 10.2 Are you currently applying elsewhere for support for work relating to the present proposal? No, I am not currently applying elsewhere for support for work relating to the present. If so, to which Organisation? 10.3 Is this application or any part of it, currently being submitted elsewhere? No, any part of this application is not being submitted elsewhere. If so, to which Organisation; and by what date is a decision expected? 10.4 Has this application, or any part of it, been submitted elsewhere over the past year? No, this application has not been submitted elsewhere over the past year. If so, to which Organisation? 11. Acceptance of regulations and conditions I/We have read the conditions set out in the Award Conditions and, if my/our application is successful, I/we agree to abide by them. I/We shall be actively engaged in, and in day-to-day control of, the project. I I/We have read the specific Award Information, Award Co nditions and Policies for Awards regarding disclosure of research data, intellectual property and commercial development activity and if my/our application is successful I/we agree to abide by them. Signature of applicant(s) Date: This application should be submitted by/through (i) the Head of Department and (ii) the officer who will be responsible for administering any award that may be awarded (e.g. Finance Officer, Bursar, Registrar, Secretary). Each should sign the following declaration: I confirm that I have read this application and that, if granted, the work will be accommodated and administered in the Department/ Organisation in accordance with the Award Conditions. The staff gradings and salaries quoted are correct and in accordance with the normal practice of this Organisation.

St. augustine rejected the theories of manicheanism.research this Essay

St. augustine rejected the theories of manicheanism.research this gnostic religion in more detail.what does it teachHow is it diiffernt than Christianity and w - Essay Example The fortuitous discovery of Manichean manuscripts in Turfan in the beginning of the twentieth century has thrown light on the history of the religion and its’ founder. Mani was born in Mardinu, a village in Babylon, in 215 – 216 A.D. to Fatak Babak and Marmajam, of noble Iranian lineage. Mani was a honorific and his true name does not survive, although it is postulated to be Shuraik. At twelve, Mani apparently had a revelation, in which the angel, ‘At Taum’ or ‘the Twin,’ urged him to embrace chastity, and later, to spread the doctrine of his new religion to others. On March 20, 242 A.D. when Sapor 1 was crowned King of Babylon, Mani proclaimed the birth of his new religion to the public: â€Å"As once Buddha came to India, Zoroaster to Persia and Jesus to the lands of the West, so came in the present time, this prophecy through me, the Mani, to the land of Babylonia† (Arendzen, The Circle of Ancient Iranian Studies Web site). Maniâ€⠄¢s teachings found little acceptance in Babylon, until he gained access to the royal court. Later, he was exiled and spread his message to foreign lands, as afar as India and China. He was reinstated in court by Ormzud in 274. However, the machinations of the Zoroasterian priests led to King Bahram ordering him to be tortured and killed in 276 - 277. His corpse was publicly flayed, stuffed and crucified as a deterrent to other followers of this ‘heretical religion.’ The teachings of Manicheanism centered on the distinct dualism of mind and matter, of light and darkness, of good and evil. Salvation can be attained by liberating light from the engulfing darkness. Mani used an effective combination of myth, preaching and reasoning to spread his new religion. At the origin of the universe, the eternal Paradise of Light extended limitlessly towards the North, West and East, presided over by the Father of Greatness and

Life on Earth Worksheet Essay Example for Free

Life on Earth Worksheet Essay Taxa to explore – Elephants. 1. Review terms (write definitions for these terms) Extant Species, families, or groups still in existence Extinct Species, families, or groups no longer in existence, end or died out Genotype Genetic make-up of an organism Phenotype Physical attributes of an organism, observable or measurable traits Synapomorphy Shared characteristic that are inherited from most recent common ancestor Background: There are three extant species of elephant: Elaphas maximus (Asian elephants), Loxodonta africana (African elephants), and Loxodonta cyclotis (African forest elephants). Their taxonomic hierarchy is as follows: Kingdom: Animalia Phylum: Chordata Class: Mammalia Order: Proboscidea Family: Elephantidae Genus: Elaphas Species: maximus Kingdom: Animalia Phylum: Chordata Class: Mammalia Order: Proboscidea Family: Elephantidae Genus: Loxodonta Species: africana Kingdom: Animalia Phylum: Chordata Class: Mammalia Order: Proboscidea Family: Elephantidae Genus: Loxodonta Species: cyclotis 2. Collect an image of each species. You will submit these as a part of your assignment. (see full assignment instructions) 3. Looking at these pictures, can you think of any EXTINCT animal or animals that might be a close relative of modern elephants? List it/them below. If you know the scientific name (genus and species) then you can put that. If you aren’t quite sure, just give the common name. Mammoth 4. Now think about EXTANT taxa. Identify 2 animals that you might expect to be the closest LIVING relative to the elephants. List it/them below. If you know the scientific name (genus and species) then you can put that. If you aren’t quite sure, just give the common name. Possible Relative A Possible Relative B Rock Hyrax Manatees 5. For the closest EXTANT relatives, what characteristic(s) of that animal or its habitat led you choose it as â€Å"probable closest relative†? (consider geographic location, size, anatomy, behavior etc). Be specific. Characteristics of Animal A Characteristics of Animal B -found across Africa and the Middle East -typically live in groups -has a prominent pair of long, pointed tusk-like upper incisors -In males, the testes are permanently abdominal -thick, wrinkled skin -Females have two teats, one under each flipper -teeth growing at the rear are continuously replaced throughout life Now to the science – Follow the link below to read about some of the extinct relatives of elephants http://palaeo.gly.bris.ac.uk/Palaeofiles/Elephants/firstelephants.html 6. How were the phenotypes of ancient proboscideans different from those of extant elephants? The ancient proboscideans differ from those of extant elephants because they have multiple pairs of molars and premolars, they do not possess tusks, and they retain canines on the upper jaw. 7. Based on the information in the web-site, where did the early proboscideans evolve? The early proboscideans evolved from Africa. More derived proboscideans (not ancient, but not extant either) also had a very different geographic distribution than elephants today: http://palaeo.gly.bris.ac.uk/Palaeofiles/Elephants/extinct_taxa.html http://palaeo.gly.bris.ac.uk/Palaeofiles/Elephants/mammoths.html 8. Which localities seem most surprising and why? North and South America because these locations were once abundant with these animals, such as mastodons, while having most of the animals originate from  the other side of the world. 9. Identify 4 synapomorphies that are shared between ALL of these extinct and extant taxa. 1. Tusks 2. Incisors and molar teeth 3. Trunk 4. Four column-like legs Molecular phylogeny In extant species, relationships can also be reconstructed based on DNA Think back to your best guesses of the closest EXTANT relatives of the modern elephants. Look at the .pdf named â€Å"Afrotheria†. The phylogeny described in this paper is based on molecular data (similarities in DNA sequences) 10. Based on that phylogeny, write in the sister taxon (taxon A) to Proboscidea. Give the formal name. Taxon A or Sirenia Proboscidea 11. Write in the taxon (taxon B) that is sister to the clade composed of (Proboscidea + Taxon A). Give formal name Taxon B or Taxon A Proboscidea Hyracoidea 12. Perform an internet search for these two taxa and find out their common names. What are their common names? Describe each.  The common name for Sirenia is Sea Cow. Sea cows are fully aquatic, herbivorous mammals that appear fat. They have forelimbs used for steering and a tail used for paddling. The common name for Hyracoidea are hyraxes. Hyraxes are well-furred animals with short tails and have poor internal temperature regulation. What was your thought/reaction upon discovering what these creatures are? My thought reaction was how can animals that look nothing alike be similar to an elephant if they visually look different. Believe it or not, there are morphological (phenotypic) similarities as well as dietary and behavioral similarities between all of these taxa. BEFORE molecular data was available, scientists already suspected that these groups were closely related. The DNA evidence only helped to confirm the relationships. We’ll do more on that in a moment. 13. Search the web to find at least two non-molecular synapomorphies between each of your modern taxa and the elephants: (be specific!) Animal #1 name Rock Hyraxes Rock Hyraxes are furry and have the soles of the feet with large, soft pads that are kept moist. Manatees have paddle like flippers and a snout. Animal #2 name Manatees 14. Which of the features you listed are more likely to survive in the fossil record? Explain why. Most likely to survive in the fossil record is the snout because it consists of the bones of the jaw which are very good for becoming fossils. 15. Which are less likely? Explain why. Less likely are the fur, soft pads at the feet, and the paddle-like flippers because all are more prone to decay rapidly because of being soft structures. The flippers are also more prone to not preserving quickly therefore eaten or broken down by aerobic microbes. Now for molecules: To see the actual molecular data used to create the phylogeny you saw, select the .pdf named â€Å"mammoth and sea cow†. 16. Go to page 409. Dots mean the base pair (A, C, T or G) is the same as is listed in the taxon that’s at the top (this saves ink!). Now compare the sequences for the African elephant and the Asian elephant in just the top row of page 409. How many molecular differences do you see in the sequence shown? There are 8 molecular difference in the sequence. How many molecular differences do you count between the African elephant and the hyrax? There are 11 molecular differences between the African elephant and the hyrax. 17. Based on anatomy alone (without the molecular evidence), would you have guessed that the animals in photos above represented the closest living relatives of elephants? Why or why not? Honestly, based on the anatomy alone, I would not have guessed that the animals represent close relatives of the elephants because of the physical anatomical characteristic they have. Most animals can have similar anatomy with slight differences that contribute to their survival in an environment. Initially, I thought that the animals had similar characteristics only because of natural selection and adaptation of their environment not because  of their common ancestor. This shows how molecular evidence can really help in seeing what animals belong in what lineages.

Overview of Insider Trading

Overview of Insider Trading Insider trading is the trading of a corporation’s stock or other securities (e.g. stock options or bonds) by individuals related to the company with potential access to non-public information about the company which is not disclosed to general public generally. In most countries trading by corporate insiders such as directors officers key employees and large shareholders may be legal, if this trading is done in a way that does not take advantage of non-public information which ultimately harm the investors confidence. However insider trading to refer to a practice in which an insider or a related party generally member of the company trades based on material non-public information obtained during the performance of the insider’s duties at the corporation, or otherwise in breach of a fiduciary or other relationship of trust and confidence or where the non-public information was misappropriated from the company. The illegal kind of Insider Trading is the trading in a secu rity (selling or buying a stock) based on material information that is not available to the general public. It is prohibited by the US Securities and Exchange Commission (SEC) because it is unfair and would destroy securities markets by destroying investor confidence. DEFINITION OF â€Å"INSIDER† Insider means any person who is or was connected with the company or is deemed to have been connected with the company and is reasonably expected to have access, by virtue of such connection, to unpublished price sensitive information in respect of securities of the company , or who has received or has had access to such unpublished price sensitive information. Unpublished price sensitive information means any information which relates to the following matter or is of concern , directly or indirectly , to a company, and is not generally known or published by such company for general information , but which is published or known , is likely to materially affect the price of securities of that company in the market. The following unpublished information can be considered as price sensitive: 1) Financial results of the company 2) Intended declaration of dividend 3) Issue of hares by way of public rights, bonus, etc 4) Any major expansion plans or execution of new projects 5) Amalgamation , mergers and takeovers 6) Disposal of the whole or substantially the whole of the undertaking 7) Such other information as may affect the earning of the company 8) Any changes in policies , plans or operations of the company Connected persons include the following 1) Director of the company 2) Person deemed to be director of the company 3) Person occupying the position as an officer or an employees of the company 4) Person holding a position involving a professional or business relationship between himself and the company and who may reasonably be expected to have an access to unpublished price sensitive information relating to that company Therefore a company insider is someone who has access to the important information about a company that affects its stock price or might influence investors decisions. This is called material information. A public company, if it is smart, limits the number of people who have access to material information and, therefore, are considered insiders. This is done for a couple of reasons. First, they want to limit the likelihood that anyone will â€Å"leak† the information. Second, being an insider means being subject to severe limits on when you can trade in the company stock, usually only the middle month of each quarter. The company’s senior management are insiders. So are some of the financial analysts. The top sales people usually also are insiders, although a regional sales manager who only sees his or her own region’s results may not be one. The individuals in Investor Relations and/or Public Relations who prepare the public announcements also are insiders. If t he company is developing a new product that could be a big seller, the key people in the Research Development team would also be considered insiders, provided the information they have is material. Other individuals who are not employees, but with whom the company needs to share material information, are also insiders. This list could include brokers, bankers, lawyers, etc. WHY INSIDER TRADING Insider trading may be attempted to 1) Benefit the company through unethical purchase and sale of the companys shares by withholding price sensitive information , and 2) Benefit the individuals indulging in this unethical practice CATEGORIES OF INSIDERS These are persons connected with the company having access to price sensitive information. Broadly then can be a) Primary insider e.g. directors, stock exchange, merchant bankers, registrars, brokers of the company, top executives, auditors, bank etc b) Secondary insider i.e dealer, agents and other employes etc c) Others having acess to price sensitive information due to their proximity with the company WHY CONTROL INSIDER TRADING Basic objective of controlling insider trading is to protect investors . other related objective are protecting the interest and reputation of the company, maintaining confidence in stock exchange operations, maintaining public confidence in the financial system as a whole. SIGNIFICANT PENALITIES Sections 10(b) and 14(e) of the Securities Exchange Act of 1934 give the SEC the authority to seek a court order requiring violators to give back their trading profits. The SEC can also ask the court to impose a penalty of up to three times the profit the violators realized from their insider trading. In addition to the financial penalties, there are criminal penalties. Many now feel those penalties are not strong enough and are working to increase them substantially. A bill in the US Senate, for instance, seeks to make defrauding shareholders a felony punishable by up to 10 years in prison.A penalty up to Rs 5 lakh can be imposed on an insider who indulge in dealing, communicating or counseling on matters relating to insider trading. PROHIBITION ON DEALING, COMMUNICATING OR COUNSELLING ON MATTERS RELATING TO INSIDER TRADING It has been laid down that no insider shall 1) Either on his own behalf or on behalf of nay other person, deal in securities of a company listed on any stock exchange on the basis of any unpublished price sensitive information; or 2) Communicate any unpublished price sensitive information to any person, with or without his request for such information, expect as required in the ordinary course of business or under any law; or 3) Counsel or procure any other person to deal in securities of any company on the basis of unpublished price sensitive information. INVESTIGATION INTO THE AFFAIR OF INSIDERS In case SEBI, on the basis of written information in its possession, is of the opinion that it is necessary to investigate and inspect the books of accounts, other records and documents of an insider, it may appoint an investigating authority a) To investigate into the complaints received from investors, intermediaries or any other person on any matter having a bearing on the allegations of insider trading; and b) To investigate knowledge or information in its possession to protect the interest of investors in securities against breach of these regulations SECURITY ANALYSIS AND INSIDER TRADING The analysts of security gather and compile information and they talk to corporate officers and other insiders and issue recommendations to traders. Thus their activities might easily cross legal lines if they are not careful about it . The CFA Institute has quoted in its code of ethics that analysts should make every effort to make all reports available to all the broker’s clients on a timely basis. Analysts should never report material nonpublic information, except in an effort to make that information available to the general public. Moreover analysts’ reports may contain a variety of information that is collected without violating insider trading laws. EFFECTS OF INSIDER TRADING THE EFFECT OF STOCK MARKET INSIDER TRADING A distinction has to be made between trading by insiders and trading by insiders on the basis of nonpublic information. As Insiders are legally allowed to buy and sell stocks. The Securities and Exchange Commission (SEC) requires insiders to disclose their trades, and the financial newspapers report such trading. Investors find this information a source of valuable clues about companies. Insider trading puts a bad effect on stock market as people who earlier are willing to invest will now hesitate to invest as they will fear about the market fluctuation as market becomes more risky so as a result they would prefer not to invest. MARKET AND PRICES Stock prices too are generated by supply and demand. But supply and demand for stocks are not disembodied concepts. They are generated, obviously enough, by suppliers and demanders people with preferences, objectives, expectations, knowledge, and, therefore, plans. Part of what goes into an intention to buy or sell shares in a company is expectations about its future based on knowledge about its management, organization, and so on. These expectations are incorporated into the share price, and changes in expectations bring about changes in price. The more knowledgeable the participants, the more fully do prices perform their communications work. Nothing would undermine confidence in markets more than the belief that prices are out of date. CIVIL PENALITIES FOR INSIDER TRADING A. AUTHORITY TON IMPOSE CIVIL PENALITIES 1. JUDIIAL ACTIONS BY COMMISSION AUTHORIZED According to judicial actions by commission authority whenever it will come to the notice of commission that any person has violated any provision and regulations there under by purchasing or selling a security or security-based swap agreement while in possession of material, nonpublic information in, or has violated any such provision by communicating such information through the facilities of a national securities exchange through a broker or dealer, and which is not part of a public offering by an issuer of securities. A. This section bring an action in a United States court to seek and the court shall impose a civil penalty to be paid by a person who directly or indirectly controlled the person who committed such violation. B. may bring an action in a United States court to seek and the court shall have jurisdiction to impose a civil penalty to be paid by the person who committed such violation 2. AMOUNT OF PENALTY FOR PERSON WHO COMMITS VIOLATION The amount of the penalty which might be imposed on person who commits such violation shall be evaluated by the court in accordance of the facts and circumstances and will not exceed three times the profit gained or loss incurred as a result of such unlawful sale, purchase or communication. B. AMOUNT OF PENALTY FOR CONTROLLING PERSON The amount of penalty which might be imposed on the person who directly or indirectly control the person who commits such violation will be evaluated by the court in accordance of the facts and circumstances and will not exceed three times the amount of the profit gained or loss incurred as a result of such controlled person’s violation. C. LIMITATION ON LIABILITY 1. LIABILITY OF CONTROLLING PERSONS No controlling person shall be subject to a penalty under section (a)(1)(B) unless the Commission finds that. A. the controlling person knew the fact that such controlled person was likely to engage in the act constituting the violation and failed to take required steps to prevent such act before they occurred. B. such controlling person knowingly or unknowingly failed to establish or maintain any procedure required under the act of the Investment Advisers Act of 1940 and such failure substantially lead to the occurrence of the act constituting the violation. 2. ADDITIONAL RESTRICTIONS ON LIABILITY No person shall be subject to penalty under subsection (a) of section solely by reason of employing another person who is subject to penalty under subsection unless such employing person is liable as controlling person (1) of this subsection. shall not apply to actions subsection (a) of this section. D. AUTHORITY OF COMMISSION The Commission by such rules regulations as it considers necessary in the public interest and primarily for the protection of investors may exempt in whole or some part unconditionally or for specific terms and conditions, any person from this section. E. PROCEDURE FOR COLLECTION 1. PAYMENT OF PENALTY TO TREASURY A penalty imposed under this section shall be payable into the Treasury of the United States except as otherwise provided in section 308 2. Collection of penalties A person on whom such penalty is imposed shall fail to pay such penalty within the time prescribed in the court’s order then the Commission may refer the matter to the major Attorney General who will recover such penalty by action in the appropriate court. 3. REMEDY NOT EXCLUSIVE The actions authorized by section might be brought in addition to some other actions that the Commission are entitled to bring. 4. JURISDICTION AND VENUE For purposes of section 27 under this section shall be actions to enforce a liability or might be a duty created by this title. 5. STATUTE OF LIMITATIONS No action will be included under this section for more than 5 years after the date of the sale or purchase. This section shall not be construed to bar limit in any manner action by the Commission or under any other provision of this title nor shall it in any manner any action to recover penalties, or to seek any other order regarding penalties, imposed in any action commenced between 5 years of such transaction. F. Authority to award bounties to informants Notwithstanding the provisions of this section there shall be paid from amounts imposed as a penalty under this section and recovered by the Commission or the Attorney General and not to exceed 10 percent of such amounts as the Commission deems appropriate to the person who provide information leading to the imposition of such penalty.Any determinations under this section including in what amount to make payments shall be in the solely decided of the Commission except that no such payment shall be made to any member or officer or employee of any appropriate regulatory agency. ARTICLES Insider Trading by David D. Haddock Since the depths of the Great Depression the Securities and Exchange Commission has always tried to prevent insider trading to become that common in U.S. securities markets. Insiders that can be a firm’s principal owners or directors, and management as well as its lawyers accountants that routinely possess information that is unavailable to the general public. This is Because some of that information can affect the prices of firm’s securities as soon as it becomes public and because of this insiders can profit by buying or selling in advance. Even before the thirties insiders were held liable under the common law if they fraudulently or intentionally misled traders who were uninformed into accepting inappropriate prices. But the Securities Exchange Act of 1934 also forbid insiders from even profiting from superior information. One of the most famous instances of insider trading was of Charles F. Fogarty’s who purchased Texas Gulf Sulphur shares during 1963-1964. Fogarty, who was an executive vice president of Texas Gulf already knew that the company had discovered a rich mineral lode in Ontario and that it will not be publicize before concluding leases for mineral rights. So In the meantime Fogarty decided to purchase 3,100 Texas Gulf shares and earned $125,000 -150,000. The basic argument that is against insider trading is that the insiders should not be permitted or allowed to earn such profits at the expense of uninformed traders. Yet in all other markets where information is important for insider trading is well established and very widely accepted. For example to explain it quite well mineral leases are normally and routinely bought by those better able as Texas Gulf Sulphur’s behavior exemplified than the sellers to evaluate a site’s potential and the Cattle buyers rely on superior estimates of what packers will pay when they will negotiate. And so it goes in markets for art or for real estate or for professional athletes who are indeed in practically every market with substantial variations in the prices. In all those markets a few buyers routinely profit from knowledge that most sellers do not possess, and a few sellers profit from knowledge that most buyers do not possess. One reason frequently cited by policymakers and commentators is that insider trading undermines public confidence in the securities markets.If people fear that insiders will regularly profit at their expense, they will not be as willing to invest and frequent opportunities to trade at observable prices. Efficient securities market it is argued a require a to avoid frightening away speculators who wish to contribute to securities market liquidity and those investors who could invest their savings in markets and with less risk of insider predation. Related to this argument is very important thing that is the harm that insider trading can cause to the specialists. A specialist is the one who the stock exchange appoints to ensure that a any buyer of a particular security that is listed by the exchange can find a seller. These specialists must sell or buy to any trader whose order cannot be discharged against any other orders arriving side by side. For example if a buyer wants a hundred shares of IBM but no one wants to sell at that point of moment then the IBM specialist will sells from his inventory of IBM stock. The specialist charges a bid-ask spread to cover that cost. A bid-ask spread implies that a bit higher price is asked from someone who wishes to purchase a security than will be offered to someone who wishes to sell. An inside trader can however can sell securities to the that specialist who is the one when only he knows that the securities will soon be worth less and will be of no use. After the price had fallen the insider is very well free to repurchase the securities again from that specialist for the lower price than the intrinsic value. If it happens the specialist bears loss. If insider trading reoccurs then the security’s specialist cannot continue without recouping the funds that have been lost to informed traders. If in insider trading increased the spread and it would decrease a security’s attractiveness relative to certificates of deposit and government bonds and other assets. Raising new capital would definitely will be more costly for a firm whose securities are subjected to repeated insider trading. Therefore everything being equal insider trading makes it harder for a firm to raise money when opportunities to undertake new projects arise. Of course insiders can also profit by borrowing and selling securities when the price is apt to fall. Some argue that insider trading more likely to harm companies because damage is easier to inflict. That argument turn has been countered major actions by a company require teams not individuals. A number of financial economists and law professors take the position that insider trading ought to be legal. They put their case on the basic proposition that insider trading makes the stock market more efficient. the insider will have no incentive to trade on the information .If insider trading was legal insiders will bid the prices of stocks up or down in advance of the information being released. The result is that the price would more reflect all information both public and confidential about a company at any given time. Besides specialists the other group systematically injured by insider trading are price-function traders those who trade securities because they believe the present price is inappropriate. If an insider secretly buys securities the result is increase in price. some price function traders believe that security is now overpriced they sell but soon regret their action. Few people have the expertise to realize trading profits repeatedly. CASES SIX PEOPLE CHARGES IN INDISER TRADING CASE BILLIONAIRE RAJ RAJARATNAM, FIVE OTHERS CHARGED IN CASE updated 7:40 p.m. ET Oct. 16, 2009 One of America’s wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that authorities say generated more than $25 million in illegal profits and was a wake-up call for Wall Street. Raj Rajaratnam, a portfolio manager for Galleon Group, a hedge fund with up to $7 billion in assets under management, was accused of conspiring with others to use insider information to trade securities in several publicly traded companies, including Google Inc. U.S. Attorney Preet Bharara told a news conference it was the largest hedge fund case ever prosecuted and marked the first use of court-authorized wiretaps to capture conversations by suspects in an insider trading case. He said the case should cause financial professionals considering insider trades in the future to wonder whether law enforcement is listening. Joseph Demarest Jr the head of the New York FBI office, said it was clear that â€Å"the 20 million dollars in illicit profits come at the expense of the average public investor. The Securities and Exchange Commission, which brought separate civil charges, said the scheme generated more than $25 million in illegal profits. Robert Khuzami, director of enforcement at the SEC said the charges show Rajaratnam’s secret of success was not genius trading strategies. Galleon Group LLP said in a statement it was shocked to learn of Rajaratnam’s arrest at his apartment. We had no knowledge of the investigation before it was made public and we intend to cooperate fully with the relevant authorities. Rajaratnam, 52, was ranked No. 559 by Forbes magazine this year among the world’s wealthiest billionaires, with a $1.3 billion net worth. According to the Federal Election Commission. he is a generous contributor to Democratic candidates and causes. The FEC said he made over $87,000 in contributions to President Barack Obama’s campaign, the Democratic National Committee and various campaigns on behalf of Hillary Rodham Clinton, U.S. Sen. Charles Schumer and New Jersey U.S. Sen. Robert Menendez in the past five years. The Center for Responsive Politics, a watchdog group, said he has given a total of $118,000 since 2004 all but one contribution, for $5,000, to Democrats. The Associated Press has learned that even before his arrest, Rajaratnam was under scrutiny for helping bankroll Sri Lankan militants notorious for suicide bombings. Papers filed in U.S.District Court in Brooklyn allege that Rajaratnam worked closely with a phony charity that channeled funds to the Tamil Tiger terrorist organization. Those papers refer to him only as Individual B. But U.S. law enforcement and government officials familiar with the case have confirmed that the individual is Rajaratnam. At an initial court appearance in U.S. District Court in Manhattan, Assistant U.S. Attorney Josh Klein sought detention for Rajaratnam, saying there was â€Å"a grave concern about flight risk† given Rajaratnam’s wealth and his frequent travels around the world. His lawyer, Jim Walden, called his client a â€Å"citizen of the world,† who has made more than $20 million in charitable donations in the last five years and had risen from humble beginnings in the finance profession to oversee hedge funds responsible for nearly $8 billion. Walden promised â€Å"there’s a lot more to this case† and his client was ready to prepare for it from home. Rajaratnam lives in a $10 million condominium with his wife of 20 years, their three children and two elderly parents. Walden noted that many of his employees were in court ready to sign a bail package on his behalf. NOMURA CAUGHT IN INSIDER TRADING SCANDAL By Emi Emoto and Aiko Hayashi TOKYO Nomura Holdings, Japan’s largest brokerage house, said on Tuesday that it had fired an employee at the centre of an insider trading ring and warned the fallout could harm its business. The insider trading scandal, the broker’s second in five years, comes on top of falling profits and $1.4 billion in subprime losses, after which the firm replaced its CEO. Recently appointed CEO Kenichi Watanabe bowed in apology for the scandal, which drew harsh comments from government officials and sent the firm’s share price down 3.9 percent. It also led to a drop-off in business at the firm on Tuesday as some institutional investors stopped placing orders due to compliance concerns, a source on the Nomura trading floor said. Watanabe said the employee at the centre of the probe had been dismissed for violating company rules and warned the case would have an unspecified impact on earnings. It was significant that we were involved in something that hurt the brokerage industry he said, adding he saw the case as an individual matter, rather than a sign of wider problems at his firm. The employee at the centre of the scandal worked in the MA advisory department where he repeatedly used insider information about merger and acquisition deals, a source with direct knowledge of the matter said. The 30-year old, from Nomura’s Hong Kong unit, was suspected of giving information on merger deals to two acquaintances who then profited on stock trades, Kyodo News agency said. N.J MAN ADMITS INSIDER TRADING By Carrie Johnson Washington Post Staff Writer Thursday, June 17, 2004; Page E03 In this case a new jersey insurance broker committed that he is guilty to insider trading using that information that he had received from the husband of a secretary who took care of mergers and acquisition at a new York law firm. Ronald A. Manzo, 60, also lied to regulators at the Securities and Exchange Commission who were investigating purchases of seven stocks in 1998 and 1999, federal prosecutors in New York said.He earned more than $980,000 through the scheme, they said. Manzo could be sentenced to 40 years in prison and be fined millions of dollars. Prosecutors unsealed a related guilty plea by Fiore J. Gallucci, who allegedly passed information about pending deals from his wife, an assistant at Skadden, Arps, Slate, Meagher Flom LLP, to Manzo to curry favor with him. Gallucci, 62, received some money from Manzo but did not trade in the stocks himself. His wife, who no longer works at Skadden. did not know he was improperly sharing the information and was not charged with breaking the law. Separately, the SEC sued Gallucci, Manzo and Gary B. Taffet, a former chief of staff to New Jersey Gov. James E. McGreevey (D), for insider trades that resulted in $3 million in profit. The SEC said that Manzo tipped off Taffet using the information he had acquired from Gallucci. Gallucci and Manzo are in negotiations to settle the civil charges but Taffet, who was not charged with a crime, is fighting the allegations. â€Å"We are disturbed at the SEC’s decision to bring charges against Mr. Taffet, whose stock trading was not based on illegally obtained information.The reality is that Mr. Taffet did not know or deal with any insider at the companies he traded, nor did he knowingly disclose nonpublic information to any third party. Managers at Skadden, one of the most prominent dealmaking law firms in the world, said they cooperated with the investigation. Regulators said the practice of insider traders using information gathered from law firm employees is not uncommon. The crux of this case is that people who are in possession of material nonpublic information for legitimate reasons need to carefully consider to whom they can entrust this information.