Free Essays on Hamlet Vs Oedipus

In the play Hamlet: Prince of Denmark, a youthful sovereign is looking for reality behind his father’s murder. From the outset, Hamlet sees the apparition of his expired dad and it discloses to him he was killed by the now current ruler, Hamlet⠡â ¦s Uncle Claudius. Hamlet needs to consider how he will seek retribution for his dads passing, but since his solitary information originated from a phantom that lone Hamlet heard talk, he is reluctant to get his vengeance rapidly. Hamlet does all that he can to show others reality he knows. Hamlet that he seeks retribution yet he additionally needs to torment the lord and show everybody reality. Hamlet knows his outrage toward his Uncle may create turmoil in his judgment of reality so he is reluctant to execute him immediately. Hamlet second-surmises himself all through the play just to wind up passing on, however not before he kills Claudius. In Oedipus the lord, a youngster is destined to a regal couple, this ruler and sovereign need to know how their kid will be later on. So they request that a prophet reveal to them the future and it discloses to them he will execute his dad and wed his mom. They have the kid removed to be slaughtered, so they spare themselves, yet rather the youngster winds up in another château and is raised by another couple as their own kid. They never disclose to Oedipus that he isn't their own. At the point when Oedipus hears he is to slaughter his dad and wed his mom, he leaves his folks and looks for another living arrangement. But he gets together with a man out and about and executes him. He at that point finds a mansion that is being threatened by a sphinx and answers the puzzle it inquires. He at that point weds the Queen and rules over the realm. At long last, the city is undermined by a plague that the prophet said will stop when the city disposes of the person who killed the lord, Oedip us reports that the killer will be rebuffed. In any case, while looking for reality Oedipus finds that he is the killer and the child of his better half. At long last, Oedipus discovers h... Free Essays on Hamlet Vs Oedipus Free Essays on Hamlet Vs Oedipus In the play Hamlet: Prince of Denmark, a youthful sovereign is looking for reality behind his father’s murder. From the outset, Hamlet sees the apparition of his expired dad and it discloses to him he was killed by the now current ruler, Hamlet⠡â ¦s Uncle Claudius. Hamlet needs to consider how he will seek retribution for his dads demise, but since his solitary information originated from an apparition that lone Hamlet heard talk, he is reluctant to get his vengeance rapidly. Hamlet does all that he can to show others reality he knows. Hamlet that he seeks retribution however he likewise needs to torment the lord and show everybody reality. Hamlet knows his displeasure toward his Uncle may create turmoil in his judgment of reality so he is reluctant to execute him immediately. Hamlet second-surmises himself all through the play just to wind up passing on, however not before he kills Claudius. In Oedipus the ruler, a kid is destined to an illustrious couple, this lord and sovereign need to know how their youngster will be later on. So they request that a prophet reveal to them the future and it discloses to them he will slaughter his dad and wed his mom. They have the youngster removed to be executed, so they spare themselves, however rather the kid winds up in another palace and is raised by another couple as their own kid. They never reveal to Oedipus that he isn't their own. At the point when Oedipus hears he is to execute his dad and wed his mom, he leaves his folks and scans for another living arrangement. But he gets together with a man out and about and executes him. He at that point finds a palace that is being threatened by a sphinx and answers the conundrum it inquires. He at that point weds the Queen and rules over the realm. At long last, the city is compromised by a plague that the prophet said will stop when the city disposes of the person who killed the lord , Oedipus reports that the killer will be rebuffed. In any case, while looking for reality Oedipus finds that he is the killer and the child of his significant other. At long last, Oedipus discovers h...

Restorative Justice Research Paper Example | Topics and Well Written Essays - 1000 words

Therapeutic Justice - Research Paper Example Therapeutic equity as per a few researchers is something contrary to retributive equity since they contrast as far as attributes, qualities, and results of the lawful procedure (Daly, 2002). In contrast to retributive equity, remedial equity urges guilty parties to take obligations regarding their bad behavior and assist them with tending to the reasons for their conduct and offers them a chance to make the rights their wrong. Mill operator and Iovanni (2013) underpins that remedial equity is introduced as a forward-looking critical thinking way to deal with wrongdoing that includes the gatherings themselves and the network in dynamic relationship with different offices that help fathom the wrongdoing. It acquires casualties and guilty parties contact with one another along these lines offering casualties a chance to get responses to questions that are immediate worry to the gatherings in the debates. Remedial equity process presents the guilty parties with the chance to offer a stat ement of regret to their casualties in this manner giving guilty parties opportunity to present appropriate reparations in light of their bad behavior. Therapeutic equity applies as a solitary arrangement of rules that permits casualties, guilty parties, and networks to have participatory jobs in issues that are of direct worry to them. ... As indicated by Miers (2004), the helpful equity framework puts all helpless before the legal procedure dissimilar to retributive equity that lone spots the casualty helpless before the legal framework. Stubbs (2007) additionally includes that the potential preferred position of using the therapeutic equity framework is that it permits a casualty strengthening and contribution as a methods for tending to the damage caused to the person in question. In therapeutic equity models, the casualties have a voice and take part completely thus empower the person in question to address all the issues encompassing the case (Daly, 2002). The guilty party may get the opportunity to take part completely in the process dissimilar to in different preliminaries where he just sits in the dock to address questions emerging from the charges raised against him. Nature in remedial equity likewise contrasts with the earth in different types of equity. The earth is remedial equity is more informative and ad aptable than the court condition causing the two gatherings to feel great during equity conveyance framework. As per Rodriges (2007), the immediate commitment with the mischief caused through correspondence with the casualty has a more prominent potential for goals and rebuilding in the contest. He includes that through a less proper condition, the procedure takes into account progressively individualized way to deal with the requirements of the people in question while offering a less undermining condition that may meddle with the equity conveyance process. The remedial model of equity conveyance is an entirely adaptable model for the casualties can decide to have an immediate job in the rebuilding procedure. The outcomes is that the procedure is less exploiting than the courts and the guilty parties wind up in the face with the direct

How to Write Website Content for SEO and Humans

How to Write Website Content for SEO and Humans .elementor-19992 .elementor-element.elementor-element-19992{text-align:center}Last Updated on March 9, 2020If you want to learn how to write website content like a pro then you’ve come to the right place!I’m a huge fan of Google. Disclosure As an independent review site, we get compensated if you purchase through the referral links or coupon codes on this page â€" at no additional cost to you. Dismiss alert That means every single word I write has the “thing” which appeals to search engines. In other words, each article that I write has some sort of keyword research and analysis to it.For instance, this post itself is based around keywords, such as “how to write content for SEO” and “content writing.”But, that’s not everything. Its also important that the same content is acceptable reading for humans.Why?Well, if you think about it, even if you get ranked higher, Google doesn’t pay you, and nor does it subscribe to updates from your website. But, guess what?Huma ns do! Join the FREE TrainingDo You Want To Learn How To Build 6 Figures Authority Sites?Join This Free Training To...Finally have a proven method to finding profitable nichesGet access to a foolproof keyword research methodLearn how to outsource quality contentLearn how to build white hat links to your site without headaches In this post, I will go in-depth into explaining the makings of a website that ranks well, and humans love. In essence,   how to write content for your website that both search engines and humans can get along with. Let’s begin! Here are a few practices to keep in mind while writing a meta description:Add a CTA at the end of your meta description in order to entice clicks.The main keyword should appear in your meta description as it gets bolded and is eye-catching.Limit your description to 160 characters (snippets have a maximum length of 920px on desktop and a maximum length of 680px on mobile).2. Title TagWhat you write in the title tag is a key signal to search engines of what a page is about. It can also appear right in the SERPs.Here are a few best practices to remember while writing your title tag:The keyword needs to show up as close to the beginning of the tag as possible.Limit the title tag to 60 characters.Use a Title Tag Preview Tool to check your title tag easily.3. HeadersThe H1 is the headline that appears on your webpageâ€"as opposed to your title tag that shows up on the SERPs. The title of your post takes care of this, but be aware that you should only have one H1 on your page in the vast majority of cases.Things to consider when optimizing your header tags:They should be used hierarchically (i.e., a subhead needs to be formatted as an H2. A sub-subhead will be an H3, and so on. DO NOT reverse the order or skip H2s altogether and then jump from an H1 to an H3).Again, there should always be only one H1 on a page.Avoid using headers as an aesthetic choice. Never bold, italicize or underline something that should be a header. If you’ve found an appropriate area to use a header, then use itâ€"using headers in conjunction with short one-paragraph answers (50 words/300 characters) is an effective way to boost your chances of getting a featured snippet.4. KeywordInsert your keyword into theâ€"TitleRemember, your focus keyword will likely show up organically in your text. And if that’s the case, it’s easy to include a suitable keyword in your title.For instance, if you’re writing about Keyword Research, then it’s difficult to leave “keyword research” out of the title. A title like “Best Keyword Research Tool: Free and Paid 2019 List’ is suitable, and as you can see the keyword “best keyword research tool” has found its way into the title naturally.First ParagraphYour focus keyword should appear in the first paragraph of the copy. But you can also place it in the second or third paragraph.If you still have a problem placing the keyword within the first paragraph, consider repeati ng the title of your article on the very last line of your introâ€"with a little tweak such as formulating a statement or question about the title. Take a look at the start of this article, for example, we could have also used a question such as are you trying to learn how to write website content for SEO and humans at the same time? which obviously includes our main keyword (shown in italics).Alt TextDescribing your content’s image(s) is incredibly important.Search engines cannot see the image like humans. Therefore, it’s recommended to get your focus keyword in here, but don’t force it.For example, if your focus keyword is “dieting food” and the image is of leafy greens, your alt text can be: A great dieting food: leafy greens.As well as telling search engines what the image about, this alt tags primary purpose is in fact so that the visually impaired can mouse over images and have them read to them so they can also enjoy your content, so bear this in mind!URLShorter is better, so make sure you set this up correctly before you first launch your website.Make sure to insert your focus keyword in here, and probably nothing else. URLs are visible in search results and can impact whether people click through.5. Inbound and Outbound LinksLinks are the heart of the internet.Links help search engines understand your site better, and they also help humans to better access information. In other words, each time you create a blog post, try to create some links to it.There are three types of links:Internal: These links point internally within your site. In short, they point out to the other pages in your blog.Inbound: These are links that point to the content of your website from other websites.Outbound: Also known as external links, these are links that point out from your site. In short, they direct visitors from your blog to other websites.6. Content LengthHere’s the most common question: How long should the content be?Well, the answer is pretty straightf orward: It entirely depends on your focus keyword.You first need to find out the word count of what’s already ranking for a specific keyword phrase. Then, you can use it as an idea for how long your content targeting that particular keyword should be.Now that you know how to write website content for SEO, what about humans?Since this article is about SEO and human readers, I’m going to discuss various factors that will give you an understanding of how to write persuasively for your audience.Let’s go through the next section, shall we?How to Write Great Web Content that Humans LoveWriting valuable and relevant content for people MUST be a key part of any content strategy.Below are a few ideas that can help you create the best content you can provide your readers.1. Evergreen ContentAvoid referencing years, months, and days in your content unless you want to come back and update regularly.You can refer to the current year, which is helpful, but make sure to update your content w ith each following year. Also, don’t write things that will date evergreen content like:“Winter’s finally here!”“It’s beach season!”“It’s pumpkin spice time!”“Summer’s right around the corner!”Keep in mind that people will read your blog posts throughout the year.2. Style GuideProfessional content is great if uniform and streamlined across the board. A style guide can be a valuable resource for writers and editors joining your team.A visual style is important as it ensures brand consistency throughout any collateral you may produceâ€"no matter who created it.3. Content FormattingFormat your content to keep the reader focused. Remember, you have little time to grab your visitors’ attention. Therefore, make sure to:Use short paragraphs.Use pull quotes.Use bulleted and number lists.Use headers.Use transition words/phrases.Write sentences no more than 20 words long most of the time.Embed videos.Incorporate images.Also, there should always be something other t han plain text on the screen. As one “feature” scrolls out of the top of the screen, something new should be coming in at the bottom.4. Creating a Content StrategyThe goal of creating a content strategy is to drive awareness and visibility through traffic. While it may not necessarily be about conversions, it is a part of the overall conversion funnel.When developing a content strategy, you first need to consider both humans and search engines. Because, as mentioned above, one cannot exist without the other.You can have the best content on the internet that’s highly useful to users. If it doesn’t show up on search engines, however, no one is likely ever to read it.On the other hand, you can have content that’s optimized for SEO and is ranking at the top of the first page on Google. But, if it’s not useful to your readers, they’re likely to bounce immediately.When doing your content strategy, you need:An Editorial CalendarWhile only indirectly related to your content, h aving an editorial calendar for your blog is a crucial part of your content strategy. It will help you set your publishing goals and frequency.To Know Your AudienceResearch your website audience. Look at your demographic data and analytics to see who is visiting your blog. What are they interested in? What do they do?To Know Your ContentPerform a content audit to determine what content you have. You must figure out the following and approach content strategically:What’s ranking and what’s not?What’s driving traffic?What’s almost ranking on Page 1?Where are the gaps?To Know Your OptionsIn any event, the idea must come first, then the format.You need to determine what type of style is the best way to deliver your particular content. A few common formats are:Blog posts (i.e., review, comparisons, listicles, commentary, news, etc.).Whitepapers.Ebooks.Case studies.Non-written content (i.e., webinars, podcasts).5. Consider PromotionsDon’t ever forget to use your channels to prom ote your content. Consider sharing your piece via social media posts and email.Also, if you have the budget, you can run paid ads on Facebook and Twitter.Key Takeaways If you made it this far, I guess it’s safe to say that you’ve picked up quite a few tips on how to write content for your website that helps search engines know what your page is about AND helps humans at the same time, but let’s check out three of the major takeaways from this guide again:Always think about SEO and the end-user.Always keep an eye out for new keyword opportunities, utilizing your content and your competitors’ as inspiration.No matter the size of your blog, treat all your website content with the same attention to detail as a professional publication.At the end of the day, it’s easy to see how possible it is to create content that’s both SEO and human-friendly.Yes, it takes a little effort, but the payoff is worth it!Did you find this post helpful? What other methods of writing content did I miss out on?You can leave a comment below and let me know! How to Write Website Content for SEO and Humans .elementor-19992 .elementor-element.elementor-element-19992{text-align:center}Last Updated on March 9, 2020If you want to learn how to write website content like a pro then you’ve come to the right place!I’m a huge fan of Google. Disclosure As an independent review site, we get compensated if you purchase through the referral links or coupon codes on this page â€" at no additional cost to you. Dismiss alert That means every single word I write has the “thing” which appeals to search engines. In other words, each article that I write has some sort of keyword research and analysis to it.For instance, this post itself is based around keywords, such as “how to write content for SEO” and “content writing.”But, that’s not everything. Its also important that the same content is acceptable reading for humans.Why?Well, if you think about it, even if you get ranked higher, Google doesn’t pay you, and nor does it subscribe to updates from your website. But, guess what?Huma ns do! Join the FREE TrainingDo You Want To Learn How To Build 6 Figures Authority Sites?Join This Free Training To...Finally have a proven method to finding profitable nichesGet access to a foolproof keyword research methodLearn how to outsource quality contentLearn how to build white hat links to your site without headaches In this post, I will go in-depth into explaining the makings of a website that ranks well, and humans love. In essence,   how to write content for your website that both search engines and humans can get along with. Let’s begin! Here are a few practices to keep in mind while writing a meta description:Add a CTA at the end of your meta description in order to entice clicks.The main keyword should appear in your meta description as it gets bolded and is eye-catching.Limit your description to 160 characters (snippets have a maximum length of 920px on desktop and a maximum length of 680px on mobile).2. Title TagWhat you write in the title tag is a key signal to search engines of what a page is about. It can also appear right in the SERPs.Here are a few best practices to remember while writing your title tag:The keyword needs to show up as close to the beginning of the tag as possible.Limit the title tag to 60 characters.Use a Title Tag Preview Tool to check your title tag easily.3. HeadersThe H1 is the headline that appears on your webpageâ€"as opposed to your title tag that shows up on the SERPs. The title of your post takes care of this, but be aware that you should only have one H1 on your page in the vast majority of cases.Things to consider when optimizing your header tags:They should be used hierarchically (i.e., a subhead needs to be formatted as an H2. A sub-subhead will be an H3, and so on. DO NOT reverse the order or skip H2s altogether and then jump from an H1 to an H3).Again, there should always be only one H1 on a page.Avoid using headers as an aesthetic choice. Never bold, italicize or underline something that should be a header. If you’ve found an appropriate area to use a header, then use itâ€"using headers in conjunction with short one-paragraph answers (50 words/300 characters) is an effective way to boost your chances of getting a featured snippet.4. KeywordInsert your keyword into theâ€"TitleRemember, your focus keyword will likely show up organically in your text. And if that’s the case, it’s easy to include a suitable keyword in your title.For instance, if you’re writing about Keyword Research, then it’s difficult to leave “keyword research” out of the title. A title like “Best Keyword Research Tool: Free and Paid 2019 List’ is suitable, and as you can see the keyword “best keyword research tool” has found its way into the title naturally.First ParagraphYour focus keyword should appear in the first paragraph of the copy. But you can also place it in the second or third paragraph.If you still have a problem placing the keyword within the first paragraph, consider repeati ng the title of your article on the very last line of your introâ€"with a little tweak such as formulating a statement or question about the title. Take a look at the start of this article, for example, we could have also used a question such as are you trying to learn how to write website content for SEO and humans at the same time? which obviously includes our main keyword (shown in italics).Alt TextDescribing your content’s image(s) is incredibly important.Search engines cannot see the image like humans. Therefore, it’s recommended to get your focus keyword in here, but don’t force it.For example, if your focus keyword is “dieting food” and the image is of leafy greens, your alt text can be: A great dieting food: leafy greens.As well as telling search engines what the image about, this alt tags primary purpose is in fact so that the visually impaired can mouse over images and have them read to them so they can also enjoy your content, so bear this in mind!URLShorter is better, so make sure you set this up correctly before you first launch your website.Make sure to insert your focus keyword in here, and probably nothing else. URLs are visible in search results and can impact whether people click through.5. Inbound and Outbound LinksLinks are the heart of the internet.Links help search engines understand your site better, and they also help humans to better access information. In other words, each time you create a blog post, try to create some links to it.There are three types of links:Internal: These links point internally within your site. In short, they point out to the other pages in your blog.Inbound: These are links that point to the content of your website from other websites.Outbound: Also known as external links, these are links that point out from your site. In short, they direct visitors from your blog to other websites.6. Content LengthHere’s the most common question: How long should the content be?Well, the answer is pretty straightf orward: It entirely depends on your focus keyword.You first need to find out the word count of what’s already ranking for a specific keyword phrase. Then, you can use it as an idea for how long your content targeting that particular keyword should be.Now that you know how to write website content for SEO, what about humans?Since this article is about SEO and human readers, I’m going to discuss various factors that will give you an understanding of how to write persuasively for your audience.Let’s go through the next section, shall we?How to Write Great Web Content that Humans LoveWriting valuable and relevant content for people MUST be a key part of any content strategy.Below are a few ideas that can help you create the best content you can provide your readers.1. Evergreen ContentAvoid referencing years, months, and days in your content unless you want to come back and update regularly.You can refer to the current year, which is helpful, but make sure to update your content w ith each following year. Also, don’t write things that will date evergreen content like:“Winter’s finally here!”“It’s beach season!”“It’s pumpkin spice time!”“Summer’s right around the corner!”Keep in mind that people will read your blog posts throughout the year.2. Style GuideProfessional content is great if uniform and streamlined across the board. A style guide can be a valuable resource for writers and editors joining your team.A visual style is important as it ensures brand consistency throughout any collateral you may produceâ€"no matter who created it.3. Content FormattingFormat your content to keep the reader focused. Remember, you have little time to grab your visitors’ attention. Therefore, make sure to:Use short paragraphs.Use pull quotes.Use bulleted and number lists.Use headers.Use transition words/phrases.Write sentences no more than 20 words long most of the time.Embed videos.Incorporate images.Also, there should always be something other t han plain text on the screen. As one “feature” scrolls out of the top of the screen, something new should be coming in at the bottom.4. Creating a Content StrategyThe goal of creating a content strategy is to drive awareness and visibility through traffic. While it may not necessarily be about conversions, it is a part of the overall conversion funnel.When developing a content strategy, you first need to consider both humans and search engines. Because, as mentioned above, one cannot exist without the other.You can have the best content on the internet that’s highly useful to users. If it doesn’t show up on search engines, however, no one is likely ever to read it.On the other hand, you can have content that’s optimized for SEO and is ranking at the top of the first page on Google. But, if it’s not useful to your readers, they’re likely to bounce immediately.When doing your content strategy, you need:An Editorial CalendarWhile only indirectly related to your content, h aving an editorial calendar for your blog is a crucial part of your content strategy. It will help you set your publishing goals and frequency.To Know Your AudienceResearch your website audience. Look at your demographic data and analytics to see who is visiting your blog. What are they interested in? What do they do?To Know Your ContentPerform a content audit to determine what content you have. You must figure out the following and approach content strategically:What’s ranking and what’s not?What’s driving traffic?What’s almost ranking on Page 1?Where are the gaps?To Know Your OptionsIn any event, the idea must come first, then the format.You need to determine what type of style is the best way to deliver your particular content. A few common formats are:Blog posts (i.e., review, comparisons, listicles, commentary, news, etc.).Whitepapers.Ebooks.Case studies.Non-written content (i.e., webinars, podcasts).5. Consider PromotionsDon’t ever forget to use your channels to prom ote your content. Consider sharing your piece via social media posts and email.Also, if you have the budget, you can run paid ads on Facebook and Twitter.Key Takeaways If you made it this far, I guess it’s safe to say that you’ve picked up quite a few tips on how to write content for your website that helps search engines know what your page is about AND helps humans at the same time, but let’s check out three of the major takeaways from this guide again:Always think about SEO and the end-user.Always keep an eye out for new keyword opportunities, utilizing your content and your competitors’ as inspiration.No matter the size of your blog, treat all your website content with the same attention to detail as a professional publication.At the end of the day, it’s easy to see how possible it is to create content that’s both SEO and human-friendly.Yes, it takes a little effort, but the payoff is worth it!Did you find this post helpful? What other methods of writing content did I miss out on?You can leave a comment below and let me know!

The Importance Of Justice In Platos Crito - 883 Words

The tragic play written by Boethius, The Consolation of Philosophy, reflects the development of justice that is first revealed in Plato’s Crito. In Crito, it is evident that justice was carried out in a different manner than in The Consolation of Philosophy as well as each individual’s experience. Boethius was a man who cherished material goods and lacked connection with whom to pray to, God, and defined justice through his own opinion. Socrates possessed the immaterial good of dedication to act in a morally correct manner and reach justice through abiding by the laws pushed against him. Throughout the reading of Crito, justice plays a key part. According to the old in the Apology, Socrates is charged as being guilty of engaging in the†¦show more content†¦Furthermore, Socrates would make note that he was able to embrace his punishment and suffering which propelled him to achieve nobility and dignity, unlike Boethius did. Overall, Socrates would argue that the convictions against him were unjust as he was only acting out for the good of the people. Socrates and Boethius would find very little room to agree on the similarities of their experiences. However, they would both agree that the charges pushed against them were extremely wrongful and unjust as they were both only trying to help the people around them and create society into a morally right community. They show the similarity of the unfortunate fact that bad things happen to good people. They both acted in ways that God would have wanted, however they were punished for this behavior. Additionally, they would both agree that they did the right thing in the end by accepting these charges placed against them, although, it did take longer for Boethius to do this. In Boethius, justice has a prevalent difference in the way it is carried out compared to justice within Crito. Boethius is accused of having desired the safety of the senate as he made it an initiative to obtain just laws and fair taxation in addition to the attempt to resist and uproot corruption within the political arena. Boethius would make the point that his charges were more ludicrous than Socrates’s to a certain extent, meaning that Boethius was onlyShow MoreRelatedSocrates s Philosophy On The Western Civilization1440 Words   |  6 PagesCivilization. Socrates’ philosophy could be found in Plato’s works. For example, The Republic written in a form of discussion is an influential book that contributes to several debates. Even if some argue about the validity and accuracy of Plato’s works regarding Socrates’ philosophy, those works allow us to conclude that Socrates was devoted and dedicated to truth. Socrates was concerned with the immutable universal concept of truth, goodness, and justice and thus, wanted to transmit and instore thoseRead MoreEssay on Socrates Fight for Justice1101 Words   |  5 PagesIn Plato’s works Apology and Crito there is an attempt by Socrates to defend himself in court and defend his choice to receive the death penalty when found guilty. Although he makes very valid and strong arguments throughout one can only wonder why such a wise person would choose death over life. The following essay will analyze three quotes from Apology and Crito, find the correlation between them, and reveal any flaws that may exsist inside these arguments made by Socrates. In Plato’s ApologyRead MoreSocrates Sense Of Virtue Essay1250 Words   |  5 Pages Socrates’ sense of virtue, as established in Plato’s Apology of Socrates, Crito, and Symposium collectively, revolves around the pursuit of wisdom, knowledge, and justice, all in an effort to benefit the soul rather than the physical body. Given that this oftentimes contradicts standard values of honor and beauty, Socrates is targeted by many of those around him who oppose his ideas and ways of thinking, especially since the youth begin to criticize the elders’ concern for the trappings of honorRead MoreUnderstanding Philosophy and Its Benefits1194 Words   |  5 PagesUnderstanding Philosophy and its Benefits By: Anonymous Understanding Philosophy and its Benefits 1 Many of Plato’s dialogues such as the Euthyphro, Apology, Crito and Phaedo are based upon the same reoccurring theme, the defense of the study of philosophy. Plato’s dialogues notable for their depth in a relatively narrow framework, attempt to argue the benefits of philosophical reasoning through essence, knowledge and truth. To understand the benefits of philosophy one must pose the questionRead MoreWhat Is the Purpose of the ‘Speech of the Laws’, in Plato’s Crito? How Is It Related to Crito’s Political Opinions and Preferences as Expressed in This Dialogue?2389 Words   |  10 Pageslaws’, in Plato’s Crito? How is it related to Crito’s political opinions and preferences as expressed in this dialogue? The ‘speech of the laws’ as witnessed in Plato’s Crito is of utmost importance to one of Plato’s shorter dialogues and serves multiple purposes, some of which will be engaged with here. The speech will be looked in terms of its methodological purpose and will question what functions this serves. Philosophically speaking the Crito remains a dialogue concerning justice and the ‘speechRead MoreThe Philosophy Of Socrates And Dr. Martin Luther King933 Words   |  4 Pagesone contemplate escape? Would one sit alone with their thoughts and fixate on what has led to such a lonely end? Would one compose a letter to those who detained them? Perhaps these are the same thoughts that inspired the words of Socrates, in Plato’s Crito or the emotional words that were spewed on paper by Dr. Martin Luther King while detained in Birmingham Jail. The philosophy of Socrates and Dr. Martin Luther King are grounded in peace. Both philosophers are faced with conflic t from the laws putRead MoreBiography of Socrates, An Annotated Bibliography1581 Words   |  6 Pagesprovide an art of justice that would bring an end to strife by eliminating cities, families, and the love of one’s own on which they depend. He further tries to explain the meaning of Socratic life and the wisdom with the help of Plato. The use of language and vocabulary is a little difficult for the normal audience to understand. However, the information in the journal is very appealing and informative. Nichols, Mary P. â€Å"Philosophy and Empire: On Socrates and Alcibiades in Plato’s â€Å"Symposium†.† PolityRead MoreEssay on Plato’s Crito: The Last Days of Socrates 1134 Words   |  5 Pagesvisited before dawn by a close old friend Crito. Crito has made arrangements to help Socrates escape from prison. Socrates is grateful to his old friend for his willing to help aide him in the escape. However, Socrates is quite willing to await his execution. Crito tries to change Socrates mind about escaping by presenting him with several arguments. The first is that if Socrates choices to stay, his death will reflect poorly on Crito. The people will think that Crito did nothing to save his friend. IfRead MorePlato s Laws And Xenophon s Hiero1365 Words   |  6 PagesPractically in all his discourses, Plato wrote about the works of Socrates that acted as the main persona in his confabs. In Plato’s laws and Xenophon’s Hiero, a further wise man other than Socrates acted as the leader of the discourse. While having protagonist confabs in Plato’s and Xenophon’s works, Socrates tries to interrogate understanding of the further man on the aspect of morality. Socrates presented himself as a less knowledgeable person in the domain of moral issues to confuse the otherRead MoreSocrates Views On Plato s Dialogue856 Words   |  4 PagesIn Plato’s dialogue â€Å"Crito,† Socrates is awaiting his execution in prison when his friend Crito comes to convince him to escape. Socrates argues against Crito with his belief being that escaping from prison would by an unjust act. It is Socrates’ belief that you should never commit an injustice act for any reason, and that it is in your best interest to act justly. In the arguments presented in â€Å"Crito,† we see Socrates’ belief as underlying factor and recurring theme. Crito goes to see Socrates and

Using Blooms Taxonomy for Effective Learning

The hierarchy of Blooms Taxonomy is the widely accepted framework through which all teachers should guide their students through the cognitive learning process. In other words, teachers use this framework to focus on higher-order thinking skills. You can think of Blooms Taxonomy as a pyramid, with simple knowledge-based recall questions at the base. Building up through this foundation, you can ask your students increasingly challenging questions to test their comprehension of a given material. Utility By asking these critical thinking questions or higher-order questions, you are developing all levels of thinking. Students will have improved attention to detail, as well as an increase in their comprehension and problem-solving skills. Levels There are six levels in the framework, here is a brief look at each of them and a few examples of the questions that you would ask for each component. Knowledge: In this level students are asked questions to see if they have gained insight from the lesson. (What is... Where is... How would you describe?)Comprehension: During this level, students will be asked to interpret facts that they learned. (What is the main idea... How would you summarize?)Application: Questions asked during this level are meant to have students apply or use the knowledge learned during the lesson. (How would you use... How would you solve it?)Analysis:Â  In the analysis level, students will be required to go beyond knowledge and see if they can analyze a problem. (What is the theme... How would you classify?)Synthesis: During the synthesis level of questioning students are expected to come up with a theory about what they learned or use predictions. (What would happen if... What facts can you compile?)Evaluation: The top level of Blooms Taxonomy is called evaluation. This is where students are expected to assess the information learned and come to a conclu sion about it. (What is your opinion of...how would you evaluate... How would you select... What data was used?) Corresponding Verb Examples Remembering: arrange, define, duplicate, label, list, memorize, name, order, recognize, relate, recall, repeat, reproduce, stateUnderstanding: classify, describe, discuss, explain, express, identify, indicate, locate, recognize, report, restate, review, select, translateApplying: apply, choose, demonstrate, dramatize, employ, illustrate, interpret, operate, practice, schedule, sketch, solve, use, writeAnalyzing: analyze, appraise, calculate, categorize, compare, contrast, criticize, differentiate, discriminate, distinguish, examine, experiment, question, testEvaluating: appraise, argue, assess, attach, choose, compare, defend estimate, judge, predict, rate, core, select, support, value, evaluateCreating: arrange, assemble, collect, compose, construct, create, design, develop, formulate, manage, organize, plan, prepare, propose, set up, write

The Issue Of Gun Control - 1678 Words

Holly Krett English III 3B Mr. Saenz 12 January 2014 The 2nd Amendment Over the past few years, the issue of gun control has been widely discussed. You surely have heard the phrase, â€Å"Guns don’t kill people, people kill people† uttered and i wholeheartedly support this statement. It is important to treat guns responsibly so they do not end up in the wrong hands. I believe gun control violates our inalienable rights. Another piece of our liberty will surely be taken away if guns are banned, and socialism and totalitarianism will be right around the corner. An added protection against tyranny by the government is a possession of guns by the general public. There are many reasons that come to mind when i think about why the 2nd†¦show more content†¦When the supreme court was asked to decide upon registration of a communist newspaper readers, it was ruled that forced registration of a thing lawfully that was to be kept in be home is blasphemy. (A Look at the Second Amendment, Web) It is said that we need gun cont rol; I have a few examples that may alter your opinion, â€Å" The Soviet Union established gun control in 1929; from 1929 to 1953, 20 million objectors that were unable to defend themselves were exterminated. Turkey established gun control in 1911; from 1915 to 1917, 1.5 million Armenians who were unable to defend themselves were exterminated. In 1938, Germany established gun control; from 1939 to 1945, 13 million Jews and other dissidents were rounded up and exterminated. In 1935 China established gun control; from 1948 to 1952, 20 million objectors were rounded up and then exterminated. In 1964, Guatemala established gun control; from 1964 to 1981, 100,000 Mayan Indians, unable to defend themselves, were exterminated. Uganda established gun control in 1970, from 1971 to 1979, 300,00 Christians were exterminated. In 1956, Cambodia established gun control; from 1975 to 1977, one million ‘educated’ people were rounded up and exterminated. I don’t know about you but I am certainly starting to see a horrific trend. There were 56 million people rounded up and killed because of gun control inShow MoreRelatedGun Issue And Gun Control1401 Words   |  6 PagesUniversity, Gun Politics has been a course I have aspired to take. While many enroll in such a course looking for an escape from the â€Å"collegiate liberal echo chamber† or as an outlet for their conservative agendas, I saw the class as an â€Å"entrance to the dark side.† My views on guns prior to the class were, I would call, polarized yet uninformed. In most of my discussions, I would cite the Australian 1996 National Firearms Agreement as precedent for how American politicians should approach the gun issueRead MoreThe Issue Of Gun Control Essay1646 Words   |  7 Pagessomebody who wants to inflict harm on other people to get his or her hands on a gun.† (Simple Minded Gun Control). Gun control is a controversial issue worldwide. The reason why this has attracted so much attention is because not everyone is in favor of gun control and each side brings up excellent points about the issue. Research related to this issue strongly supports the claim that there SHOULD be more gun control laws. Three arguments that prove this position are (1) Incidents like Sandy HookRead MoreThe Issue Of Gun Control1489 Words   |  6 Pagessplit on the issue of gun control. We have seen many violent shootings and innocent people dying because of gun violence. Some Americans believe we need strict gun laws to protect our children and ourselves from these horrific tragedies. Other Americans believes it is our rights as Americans to posses’ guns and we are entitled to that right in our constitution. There are also some Americans that are stuck in the middle and can see both sides but recent events have definitely caused this issue to be inRead MoreThe Issue Of Gun Control1031 Words   |  5 Pagesintegrate them in a way that will trigger a new viewpoint o n the subject. Gun control is something that should be enforced across the world in order to save lives. In the United States there is a ratio of 88.8 guns per one hundred persons (GunPolicy.org). Those numbers award us with the highest total per capita number in the world. With that amount of firepower there needs to be an efficient way to regulate who exactly can purchase a gun. Since 1791 when the second amendment was ratified there have beenRead MoreThe Issue Of Gun Control1705 Words   |  7 Pagesaway without preface or reason. All someone needs to do is pull the trigger. In today’s world, guns are far too accessible to the people of society. We hear in the news, stories of mass shootings, homicides, and suicides; most of which are caused by the activation of a gun. A hot-button issue, gun control is one of the most debated topics in American politics. Should we, or should we not, be able to own guns? Although it infringes on the Second Amendment that provides the righ t to bear arms, this amendmentRead MoreThe Issue Of Gun Control951 Words   |  4 PagesGun control has been a big topic for the past decade in the united states. These debates will rise and fall time in and time out after something horrific happens in the state. Anti-Gun supporters do not realize that it is extremely difficult to regulate something in the states that is a big portion of our economy.Would stricter gun laws change anything? So far statistically It has been proven otherwise one must consider how a citizen would defend themselves when they are faced with terror. How willRead MoreThe Issue Of Gun Control929 Words   |  4 PagesGun Control Getting arrested yesterday was not the highlight of my week. I was hungry; so I went to Wal-Mart get some charcoal, lighter fluid, and steak. I put the charcoal in the grill and the lighter fluid on the coals. I got a little lighter fluid on my arm, but I didn’t pay it much attention. I lit the match and threw it on the coals. I looked down and my sleeve was on fire. I was waving my arm in the air, trying to put it out. Then here they come the police pulled in and tackled me to theRead MoreThe Issue Of Gun Control1552 Words   |  7 PagesThe issue of gun is always controversial. Firearm can be used as defending or an assaulting weapon. In United States, firearm increase the rate of homicide, suicide and gun violence, which can harm and murder people. Moreover, taking away people’s gun will not work effectively because the murder and criminal will find another ways to get guns. Also, the black market will appear for the people who cannot get guns from regulated market s. In addition, if regulated guns are banned, murderers may useRead MoreThe Issue Of Gun Control1208 Words   |  5 PagesWill Christopherson Traverson English 2 1 March 2017 Gun Control The United States has 88.8 guns per 100 people, or about 270,000,000 guns, which is the highest total and per capita number across the globe. The current public gun control debate in the United States seems to be placed on standby until it is sparked up by a major mass shooting. There were at least 126 mass shootings between January 2000 and July 2014.(pro). Opponents of more gun laws accuse supporters of using a horrific event to furtherRead MoreThe Issue Of Gun Control949 Words   |  4 Pagesdifferent policy issues that are associated with individual’s different hobbies and interests, and lots of these policy issues have some legal components to them. For me a policy issue that comes to mind would be Gun Control, because I am a gun owner who is a supporter of the second amendment. With shootings and other gun related trouble happening all over our country those who create and maintain our gun laws have a big responsibility to take care of. The policy issue of gun control has both people

Violence And Aggression In The Workplace â€Myassignmenthelp.Com

Question: Discuss About The Violence And Aggression In The Workplace? Answer: Introduction The purpose of this report is to shed light on the issue that an organization has dealt for a long period and it is seen how they overcome the situation. It is a matter of fact that the Healthcare faced various problems regarding the termination of an employee and the other consequent issues. Case study A reputed health centre named New Horizon is one of the leading privet healthcare centres in town of Christchurch in New Zealand (Saragoza White, 2016). It is seen that the organization was experiencing good work culture and profitability. They were one of the leading health organizations due to their perfection in treating patients in lower costs and they did not compromise with the quality of their service. Recently a huge disruption among the workers is seen due to some inappropriate behaviour of the C.E.O of the organization. Thus, a S.W.O.T analysis is shown below to determine the productivity and the profitability of the organization (Linsley, 2016). Strengths of the organization New Horizon Health centre of Christchurch has a huge brand value, as they were one of the leading health care organizations in town. They achieved their good will by providing services to the patients beyond their expectation and in very low cost. The general employees of the organizations are highly qualified and they know their jobs and some employees are the best persons to fit in those posts (Iqbal, 2014). Weaknesses of the organization The organization has no such weak points those are to be discussed apart from the fact that when some good doctors or nurses retire they have shown some inability to fill in the gap quickly. Apart from the organization have no major weaknesses (Pourshaikhian et al., 2016). Opportunities The organization New Horizon has a great opportunity to excel in healthcare field, as they have the best facilities in town that a health organization must have. Along with that, the organization has highly skilled doctors and medical staffs who provide the best medical supports to the patients. Not only that, the grand infrastructure of the organization allows New Horizon to climb up the leader of success. The health centres president and the C.E.O has earned the trust of the workforce easily but the C.E.O of the organization has established three employee advisory panels to sought suggestions and she in fact walked up to the staffs to ask whether they are experiencing any problems or not (Edwards, Beck Lim, 2014). Quite unfortunately, an In-house staff of the organization had various difficulties to meet up the high standards set by the C.E.O and ultimately he was terminated. That caused a huge disruption among the staffs of the organization and the staffs seeking the termination of the C.E.O. conducted even a campaign. Eventually, the C.E.O was told to take a leave and the board of directors arranged a meeting regarding this issue. While the investigation was processing almost 70 % of the employees realised that the C.E.O of the organization set the higher standards only for the betterment of the organization and they arranged a counter rally supporting her (Aremu et al., 2015). The investigation was ended sooner than expected as the majority of the workers supported her. The trick played by the management was that they made the C.E.O disappear for a few days and that made the agitated employees to work and that made sure that the organization serves the patients like before (Herbane, 2013). Thus, the management ensured that the reputation of the organization does not get affected and they eventually resolved the issue. It is a matter of fact that the management let the situation to cool down for a few days and let the employees to re-evaluate the situation and astonishingly they got the result (Braun, 2015). Present condition After the investigation was done, it was seen that the condition of the employees became as good as it were before and it became clear that all the problems occurred due to the rallying some likeminded people for an individuals own benefits. Eventually the people he gathered by misleading them understood the main issue and took the side of the C.E.O of the organization who actually did many things for the benefit of the organization as well as for the employees of the organization. Conclusion It is a matter of fact that the management of the organization let the employees to take the decision themselves and that made the situation very easy for the management. The management certainly did not want to lose the efficient C.E.O of the organization who excelled in every aspect. It is a matter of fact that after a few days the employees themselves realized that the C.E.O did everything for the betterment of the organization as well as the staffs and thus the agitation cooled down after a few days. References Braun, B. (2015). Preparedness, crisis management and policy change: The euro area at the critical juncture of 20082013.The British Journal of Politics and International Relations,17(3), 419-441. Herbane, B. (2013). Exploring crisis management in UK small?and medium?sized enterprises.Journal of Contingencies and Crisis Management,21(2), 82-95. Iqbal, S. M. J. (2014). Stress, Depression and Organizational Workplace.Asian Journal of Social Sciences and Management Studies,1(2), 35-39. Linsley, P. (2016).Violence and aggression in the workplace: a practical guide for all healthcare staff. CRC Press. Pourshaikhian, M., Khorasani-Zavareh, D., Gorji, H. A., Aryankhesal, A., Barati, A. (2016). Workplace violence process against emergency medical services staffs: a grounded theory.Global journal of health science,8(12), 213. Saragoza, P., White, S. G. (2016). Workplace Violence.Psychiatric Clinics,39(4), 599-610.

Ecotourism Involves Responsible Traveling Tourism Essay Essay Example

Ecotourism Involves Responsible Traveling Tourism Essay Essay Ecotourism involves responsible going to fragile, pristine and largely protected countries. This takes topographic point for different intents, from educating the traveller, furthering regard for different civilizations to straight profiting the economic and political authorization of local communities ( Garana, 2008 ) . Ideally, ecotourism incorporates the undermentioned standards ; advance biological and cultural diverseness, touring good natural home grounds, and the chief attractive forces being local civilization, vegetation and zoology. In short, ecotourism operations are defined by their committedness to the environment, instruction, nature and civilization. The chief aims of ecotourism are supplying nature-based, environmental instruction experiences for visitants and pull offing this in a sustainable mode ( Badan A ; Bhatt, 2005 ) . We will write a custom essay sample on Ecotourism Involves Responsible Traveling Tourism Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Ecotourism Involves Responsible Traveling Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Ecotourism Involves Responsible Traveling Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Education enables pupils to understand the interconnection of assorted facets of the planetary environment. Ecotourism embraces concerted instruction which is a structured educational scheme that integrates category work with larning through productive fieldwork experiences that for practical applications to be realized. The relationship between ecotourism and instruction is majorly concerned with guaranting that bureaus deliver effectual readings of cultural, environmental and resource direction values ( Morgan, 1999 ) . This type of instruction involves account, stimulation, aggravation, disclosure and apprehension in an interesting and gratifying manner. The chief challenge lies in the reading and options of trusting on signage and booklets so as to alter people s attitudes and actions towards their environment are considered as solutions to this challenge. Ecotourism offers a great chance for educational every bit good as personal growing as values of grasp and attitude alterations are instilled in participants which would take to important engagement in environmental and societal issues in the hereafter. Basically, the dimension of ecotourism as an educational experience creates a new window for sing the whole universe and one s ego. It offers an chance to demo the growing and development of assorted larning experiences while at the same clip researching another state or civilization and traveling beyond one s preconceived restrictions ( Vitti, 2007, p. 60 ) . Nature-based ecotourism focuses on personally sing natural countries in ways that result in apprehension and grasp.It integrates chances to understand natural countries into each and every experience. Furthermore, it targets to proactively lend to the preservation of natural countries and provides constructive parts to local communities. It is distinguished from other touristry signifiers due to its natural country scene ( Ravens, 1996 ) . Nature based touristry includes a scope of touristry experiences that entail escapade touristry, cultural and rural touristry. In add-on, activities such as rafting and aqualung diving are signifiers of nature based ecotourism. On the other manus, sustainable ecotourism aims to turn to on the demands of visited environments to prolong them. The chief focal points include prolonging the natural environment itself and lending to assist local communities understand the importance and value of their next environment ( Briffa A ; Lee, 2004 ) . Sustainability is drawn from the construct of sustainable development which is development that focuses on run intoing the demands of he present coevals without impeding the ability of the future coevalss from run intoing their ain demands. The basic standards for sustainable ecotourism include ; the sustainable usage of ecological resources, increased environmental and cultural consciousness, preservation ethos, support of local economic systems through increased gross from visitants and the usage of local supplies and services. It is of import to observe that for ecotourism to be realized the above constituents need to be integrated on a wholesome bundle. Eco touristry entails the incorporation of nature as the chief research lab for informal acquisition through which attitudes and values on preservation are appreciated and instilled. For these natural resources to be available for the unforeseeable hereafter, sustainability has to come into drama. Several differences between ecotourism and other signifiers of touristry can be outlined. To get down with, the cardinal difference bing is that ecotourism involves larning about the environment whereas other signifiers of touristry such as escapade touristry merely focal point on personal achievements of successfully run intoing the challenge of the natural environment ( Morgan, 1999 ) . By and large, as envisioned by Ravens ( 1996 ) , the touristry industry focuses on market demand by trying to further, maintain and spread out the market universe which largely draws it off from concentrating on keeping the merchandise or experience. The add-on of installations and substructures to provide for the demand consequence in the devastation of pristine environment and the autochthonal experience which ecotourism efforts to change by reversal by cut downing these impacts of touristry. Ecotourism maintains a supply oriented direction position with primary considerations being the nature and resiliency of the resource, cultural or local community penchants and interpretative preservation plans ( Badan A ; Bhatt, 2005 ) . Tourism on the other manus, focuses on single experiences that may overlook the relevancy of in-depth acquisition of the natural environment and autochthonal cognition indispensable for altering people s attitudes and perceptual experiences. Nature based touristry is seen as a subcomponent of alternate touristry and ecotourism is highlighted as being portion of both alternate and natural based touristry. This is because nature plays a large function in both. In add-on, the interaction between natural environment and escapade travel are constituents of adventure touristry. This points to gamble travel with certain hazardous elements which when lowered go logical extensions of ecotourism ( Dimitrios, 1998, p.517 ) . Time, a really cardinal trade good would besides be used to distinguish other signifiers of touristry from eco touristry. The clip taken to interact with nature and local communities in ecotourism is significant due to the clip taken to appreciate what the environment provides. Fundss accruing from touristry activities are non perfectly used to better the supports of local populations, they may non dribble down to these communities when allocated on a national graduated table ( Fridell, 2003 ) . Alternatively they form a per centum of the Gross Domestic Product of most economic systems. On the other manus, financess collected from ecotourism establishments are diverted to activities aimed at bettering the lives of local communities. This is because these populations play a critical function in guaranting the sustainability of the environment through proper direction and protection to control overuse. The subsequent impact of human activities on the environment is yet another difference between ecotourism and other signifiers of touristry. The fact that ecotourism addresses the values and perceptual experiences of persons which impact to a greater extent the grasp of the environment thereby cut downing the magnitudes of development of these resources is a premier definition of ecotourism different from touristry in general ( Thomas, 2004 ) . Behaviors such as the proper disposal of waste in campgrounds or tourer environments are emphasized in ecotourism as compared to other signifiers of touristry which overlook the importance of such actions. Ecotourism emphasizes on interaction based on the propinquity to the natural home ground, for illustration, watching mahimahis in their natural home ground, the ocean, while mainstream touristry does non stress on the natural environment such as watching mahimahis in an fish tank ( Anderson A ; Beasley, 2002 ) . The degrees of interactions described by Fridell ( 2003 ) are different in the two constructs. Ecotourism based activities involve a close interaction with the environment with actions such as species individuality and autochthonal cognition on certain phenomena. The degree of interaction related with touristry on the other manus is perceived to be shallow as small is learnt from the environment. In some countries, jaunts are conducted utilizing vehicles doing it hard for tourers to interact closely with the environment. Despite the aforesaid differences, similarities besides exist between ecotourism and other signifiers of touristry like sustainable touristry, adventure touristry amongst others. First of wholly, both recognize the environment as the chief functional unit. Activities developed from both are environmentally related as it forms the chief characteristic. Scuba diving, nature screening, take parting in eco-challenge activities are merely but a few of the activities environmentally based ( Briffa A ; Lee, 2004 ) . Second, as expressed by Anderson A ; Beasley, the human being is the chief driver of both constructs. These constructs are developed and actualized by worlds who besides contribute to their uninterrupted application. This is due to the fact that the human individual recognizes the next environment about him as it is of import for his endurance ( 69 ) . The environment is the manufacturer of goods and services for human ingestion, and every bit acts as an learner of waste produced from human activities that process concluding merchandises for his usage. Without it, worlds can non last hence the kernel to conserve and protect it. The terminal consequence of both constructs is to make avenues of exposure to chances of the environment and its subsequent preservation. The environment offers more than merely resources. It creates an aesthetic feeling every bit good as favourable ambiances for relaxation both mentally and physically. Such chances are made available through ecotourism and touristry ( Morgan, 1999 ) Both venture in to pristine environments that are either protected by authorities policies or local populations. Pristine environments are less exploited or non ventured into at all and offer a great assortment of species and ecosystems. Both touristry and ecotourism purpose towards sustainable development. There is normally a struggle between development and environmental preservation with both extremes conveying about insufficiencies in version owing to the current planetary state of affairss of negative environmental impacts and effects of the planetary small town. Ecotourism hence attempts to run into the demands of the local people while touristry focuses on a much bigger population seting the state s citizens in position ( Morgan, 1999 ) . An eco- circuit refers to a sightseeing jaunt in physical nature. An ecotourist so refers to a tourer who joins an ecotour. With the above definition, it is deserving observing that eco-tourists may neglect to understand the difference between ecotourism and mainstream touristry ( Dimitrios, 2008 ) . This occurs in fortunes where they fail to understand the functions expected of them to separate them from other tourers. In add-on, the sites chosen for jaunt intents may find them as tourers. An eco-tourist who accesses a tourer site such as an fish tank or mausoleum located off from its original site would neglect to understand the difference between him and a tourer. In instances where tourers are given an chance to larn from the available environment with the aid of tour ushers or game Texas Rangers, they are awarded the same chance of geting cognition merely as those seeking such cognition from ecotourism countries availed to them by local community members hence the difference between them is narrowed ( Badan A ; Bhatt, 2005 ) . A instance survey on the educational experience in ecotourism in Peru, The Condor Lodge Conservatory is good discussed below. The conservatory is located in Apurimac Canyon and is settled in a natural environment, with close propinquity to the Antilla Community and surrounded by an eco-farm. Most households portion kiping infinite with the Kuyi, a type of guinea hogs. The country is besides surrounded by gold mines and has been at the head of ecotourism attempts in the part. It has besides created threading webs with local tourer bureaus, international tourers and be aftering little group visits that are aimed at making a harmonious relationship with the environment. It is farther characterized by undisturbed wilderness, wildlife diverseness, hospitable people and a dramatic position of the Andean Condor which create an exceeding educational experience ( Garana, 2008 ) . A instance survey of the Campi ya Kanzi, an ecotourism site in Kenya. This site is stretched over 400 stat mis of African wilderness, within the Kuku Group Ranch of Southern Kenya. The country is owned by Maasai herders and extends through to Mt. Kilimanjaro ( Vitti, 2007, p. 55 ) . This environment is good endowed with wildlife diverseness of zoology and vegetation. The spread besides contains pools, a lake and springs. The Lodge in the country has minimum impact on the environment as edifices are constructed from local stuff such as lava stones, thatch and timber obtained from a re-afforestation plan. The foundations of the Lodge was based on protecting wildlife, the wilderness and Maasai civilization every bit good as obtain fiscal support for keeping a topographic point where wildlife can boom ( Vitti, 2007, pp. 56-60 ) . To sum up, Campi ya Kanzi is an ecotourism Lodge, built, owned and run by the local community for the benefit of the environment and local people. In decision, Ecotourism is an facet that incorporates touristry but is specific in nature. There are illimitable similarities that exist between ecotourism and touristry such as sustainability, nature being at the head in both and an offer to interact with the pristine natural environment. There are besides important differences that exist between them from the educational position, the natural environment to the degrees of interactions. However, the impact of both touristry and ecotourism on the environment every bit good the alterations in people s attitudes is deserving observing. The functional duty of both eco-tourists, soft and difficult, and tourer dramas a cardinal function in accomplishing the ultimate ends of both constructs.

Consultation For Leaders In Management - Smart Custom Writing Samples

Consultation For Leaders In Management - Smart Custom Writing Letter of CreditAssess the place of Letters of Credit in the International commercial arena What is International Finance Management? The international financial management of a trust/company is concerned with management of its funds which reflects how efficiently the company is managing its funds. The overall objective of all business is to secure funds at low cost and their effective utilisation in the business for a profit. The funds so utilised must generate an income higher than the cost of procuring them. Here it is to be noted that all companies need both long-term and short-term capital. The finance manager must therefore keep in view the needs of both long-term debt and working capital and ensure that the business enjoys an optimum level of working capital and that it does not keep too many funds blocked in inventories, book-debts, cash, etc. The capital structuring and average cost of capital for the company should also be examined.[1] Financial analysis is analysis of financial statements of a company to assess is financial health and soundness of its management. "Financial Statement analysis" involves a study of the financial statements of a company to ascertain its prevailing state of affairs and the reasons therefore. Such a Study would enable the public and investors to ascertain whether one company is more profitable than the other, and also to state the causes and factors probably responsible for this[2]. Letters of Credit In a document, the bank agrees to honor a draft drawn on the importer, provided the bill of lading and other details are in order. Obviously, the local bank will "not issue a letter of credit unless it feels the importer is creditworthy and will pay the draft. The letter of credit arrangement pretty much eliminates the exporter's risk in selling goods to an unknown importer in another country. Illustration of a Confirmed Letter The arrangement is strengthened further if a bank in the exporter's country confirms the letter of credit. A New York exporter wishes to ship goods to a Brazilian importer located in Rio de Janeiro. The im ­porter's bank in Rio regards the importer as a sound credit risk and is willing to is ­sue a letter of credit guaranteeing payment for the goods when they are received. Thus, the Rio bank substitutes its credit for that of the importer. In fact, the deal is mutually between the Rio bank and the New York exporter- the beneficiary of the letter of credit,. The exporter may wish to work through her bank, because she has little knowledge of the Rio bank. She asks her New York bank to confirm the Rio bank's letter of credit. If the New York bank is satisfied with the creditworthiness of the Rio bank, it will agree to do so. When it does, it obligates itself to honor drafts drawn in keeping with the letter of credit arrangement.[3] Thus, when the exporter ships the goods, she draws a draft in accordance with the terms of the letter of credit arrangement. She presents the draft to her New York bank and the bank pays her the amount designated, assuming all the conditions of shipment is met. As a result of this arrangement, the exporter has her money, with no worries about payment. The New York bank then forwards the draft and other documents to the Rio bank. Upon affirming that the goods have been shipped in a proper manner, the Rio bank honors the draft and pays the New York bank. In turn, it goes to the Brazilian importer and collects from him once the goods have arrived in Rio and are delivered. Trade Facilitation Rather than extending credit directly to an im ­porter, the exporter relies on one or more banks, and their creditworthiness is sub ­stituted for that of the importer. The letter itself can be either irrevocable or revoca ­ble, but drafts drawn under an irrevocable letter must be honored by the issuing bank. A revocable letter makes sure for an arrangement for pay ­ment of cash. However we cannot guarantee that the draft will be paid. Most letters of credit are irre ­vocable, and the process described assumes an irrevocable letter. The three documents described- the draft, the bill of lading, and the letter of credit- are required in most international transactions. Established procedures ex ­ist for doing business on this basis[4]. Process of the Letter of Credit transaction and the problems associated with enforcement of parties’ rights in a conflict situation.    Expansion and Contraction    Countertrading In addition to the documents used to facilitate a standard transaction, more customized means for financing trade. One method is the countertrade. Countertrade agreement is where the selling party accepts payment in the form of goods as opposed to currency. When exchange restrictions and other preclude payment in hard currencies, such as dollars and yen, it may be to accept goods instead. These goods may be produced in the country .But this need not be the case. Countertrading is nothing more than anything.-l needs to be mindful that there are risks in accepting goods in lieu of a hard facts. Quality and standardization on receipt may differ from what was there. There may be volatility in prices, if indeed a viable market exists at all. All the method involves risk, countertrade associations and consultants, together other infrastructure, have developed to facilitate this means of trade. Factoring . The factor assumes the credit risk, so the exporter is assured of being true. The typical fee is around 2 percent of the value of the overseas shipment. But receivable is collected, a cash advance is possible for upward to 90 percent a shipment's value. For such an advance, the exporter pays interest, and this is   and above the factor's fee. Most factors will not do business with an exporter . less the volume is reasonably large, say at least $2 million in annual transactions,   Also, the factor can reject certain accounts that it deems too risky For accounted are accepted, the main advantage to the exporter is the peace of mind that credit   entrusting collections to a factor with international contacts and experience. Forfeiting Forfeiting is a means of financing trade which resembles factoring. An expo who is owed money evidenced by a longer-term note, as opposed to sell the note to a financial institution at a discount. The discount reflects I length of time the note has to maturity as well as the credit risk of its drawer usually the note is for 6 months or longer and involves larger transactions. An institution would not engage in forfeiting a $9,600 note but might if it were $180,000. [5]    Expansion abroad is undertaken to go, into new markets, acquire less costly pro ­duction facilities, and secure raw materials. Foreign investment different from domestic investment, as there are a number of reasons left behind that. Taxation is different, and there are risks present in po ­litical conditions. A company faces three types of risk in its foreign operations: translation exposure, trans ­actions exposure, and economic exposure. Changes in exchange rates cause translation exposure and its change in accounting income and balance sheet statements. Transactions exposure relates to settling a particular transaction, like open account credit, at one exchange rate when the obligation was booked at another. Economic exposure has to do with the impact of changing exchange rates on the existing balance sheet of a foreign subsidiary and on the expected future repatriated cash flows. Two frameworks were presented for measuring the degree of eco ­nomic exposure. The first aggregated the indi ­vidual exposure coefficients for all balance sheet items.[6] The second measured the degree of net exposure for expected future cash flows. This was net of any natural hedge, where local cur ­rency margins adjust naturally to offset a change in exchange rates. A natural hedge de ­pends on the degree to which prices and costs are globally determined or domestically deter ­mined. A relationship can be plotted between the value of repatriated cash flows and the ex ­change rate. The direction of the line and its steepness tells us whether or not we are hurt if the foreign currency appreciates (depreciates) in value and the degree of exposure. Net expo ­sure is that which remains after any natural hedge.[7] Using several protective devices, a company can protect against any net exposure. If the expo ­sure is short-term in nature, it can adjust intercompany accounts in what is known as an operating hedge. For longer-term exposure, it can undertake a hedge by financing in differ ­ent currencies. The major sources of interna ­tional financing are commercial banks, discounted trade drafts, Eurodollar loans, and in ­ternational bonds. The last includes Eu ­robonds, foreign bonds, floating-rate notes linked to LIBOR, currency-option bonds, and multiple-currency bonds. Eventually, we can see that there are currency hedges, may include, futures contracts, forward contracts, currency swaps, cur ­rency options etc. For the first, one buys a forward contract for the exchange of one procedure for another at a specific future date and at an exchange ratio set in advance. For this protection, there is a cost that is determined by the difference in the forward and spot exchange rates. Currency futures contracts are like forward contracts in function, but there are differences in settlement and other features. Currency options afford protection against "one-sided" risk. Fi ­nally, currency swaps are an important longer-term risk-shifting device.    There are several theories provide a better understanding of the relationship be ­tween interest rates, inflation, and rate of exchange. Purchasing power parity is the idea that a basket of goods should sell at the same price internationally, after factoring into account ex ­change rates. Relative inflation has an impor ­tant influence on exchange rates and on rela ­tive interest rates. Interest-rate parity suggests that the difference between forward and spot currency exchange rates can be explained by differences in nominal interest rates between two countries. Three principal documents are involved in international trade. The draft is an order by the exporter to the importer to pay a specified amount of money either upon presentation of the draft or a certain number of days after pre ­sentation. Translation Exposure Translation exposure relates to the accounting treatment of changes in exchange rates. State ­ment of the Financial Accounting Stan ­dards Board deals with the translation of for ­eign currency changes on the balance sheet and income statement. An American company must determine a func ­tional currency for each of its foreign sub ­sidiaries under those mentioned rules, If the subsidiary is a stand-alone op ­eration that is integrated within a particular country, the functional currency may be the lo ­cal currency; otherwise, it is the dollar where high inflation occurs the functional currency must be the dol ­lar regardless of the conditions given.    The functional currency used is important because it determines the translation process. Moreover, translation gains or losses are not reflected in the income statement, but rather are recognized in owners' equity as a translation adjustment. The fact that such ad ­justments do not affect accounting income is appealing to many companies. If the functional currency is the dollar, however, this is not the case. Gains or losses are reflected in the income statement of the parent company using what is known as the temporal method. In general, the use of the dollar as the functional currency re ­sults in greater fluctuations in accounting in ­come, but in smaller fluctuations in balance sheet items than does the use of the local cur ­rency. Let us examine the differences. Differences in Methods With the dollar as the functional currency, bal ­ance sheet and income statement items are cat ­egorized as to historical exchange rates or as to current exchange rates. Cash, receivables, lia ­bilities, sales, expenses, and taxes are trans ­lated using current exchange rates[8], whereas in ­ventories, plant and equipment, equity, cost of goods sold, and depreciation are translated at the historical exchange rates existing at the time of the transactions. This differs from the situation where the local currency is used as the functional currency; here all items are translated at current exchange rates. To illustrate, a company we shall call Richmond Precision Instruments has a sub ­sidiary in the Kingdom. At the first of the year, the exchange rate is 8 to the dollar, and that rate has prevailed for many years. During the year however, it declines steadily in value to 10 to the dollar at year end. But the rate of exchange comes to 9. It shows the balance sheet and the income statement for the foreign subsidiary at the beginning and at the end of the year and the effect of the method of transla ­tion.    The oppo ­site would occur in our example if the liso in ­creased in value relative to the dollar. We see that there is substantially more change in total assets when a local functional currency is used than when a dollar functional currency is employed. In our example, sales are adjusted by the average exchange rate that prevailed during the year for both accounting methods. For column 4, local functional currency, all cost and expense items are adjusted by this exchange rate[9]. For the last column, dollar functional cur ­rency, cost of goods sold, and depreciation are translated at historical exchange rates whereas the other items are translated at the current average rate. We see that operat ­ing income and net income are larger when the local functional currency is used than when the functional currency is the dollar. For the latter method, the translation gain is factored in, so that net income agrees with the change in re ­tained earnings from 12/31/xl to 12/31/x2. W e see that this change is $845 - $750 = $95. In contrast, when the functional currency is local, the translation adjustment occurs after the in ­come figure of $111. The adjustment is that amount, - $176, that, together with net income, brings the liability and net worth part of the balance sheet into balance. This amount then is added to the sum of past translation adjust ­ments to obtain the new accumulated transla ­tion adjustment figure that appears on the bal ­ance sheet. As we assume past adjustments total zero, this item becomes - $176. Thus, the translation adjustments far in two methods are in opposite directions. Shot the liso increase in value relative to the data the effect would be the reverse of that illus ­trated: Operating income would be higher. Implications Because translation gains or losses are not re ­flected directly on the income statement; it supported operating income tends to fluctuate when the functional currency is local when it is the dollar. However, the balance sheet items is increased, o the translation of all items by the current change rate. Because many corporate fives are concerned with accounting FASB No. 52 is popular, as long as qualifies for a local functional currency ever, this accounting method also has its backs. For one thing, it distorts the sheet and the historical cost numbers over, it may cause return on asset and other measures of return to be less.    RISK MANAGEMENT AND WEALTH MAXIMISATION    Here the techniques for managing financial risks, in particular those that arise more prominently in the context of international finance are being discussed. The above discussion of the impact of risk on the value of the firm gives rise to a very important and interesting question: what should be the attitude of the firm's management regarding firm-specific risks? It appears that since these risks are diversifiable, they are not "priced" by the investors, that is, they do not affect the expected rate of return demanded by the investors- the discount rate. Why then should the firm spend resources to insure against these risks? Even if certain risks are systematic in the sense that they affect almost all firms adversely, it is not clear hedging such risks necessarily adds to shareholder value.[10] Risks can be hedged only at a cost since the party to whom the risk is transferred will demand compensation for bearing the risk. Thus, while it is true that increase in energy costs will ha ve an adverse impact on almost all firms, in an efficient market, the compensation that has to be paid for bearing this risk would just equal the increase in the value of the firm resulting from eliminating this risk; on balance the firms’ shareholders will neither rain nor los[11]e.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Risks arising out of fluctuations in exchange rates, interest rates and commodity prices are pervasive, It is, they affect most firms; however they affect different firms in different ways and are therefore idiosyncratic.[12] Finally, even if the irrelevance argument is not found to be convincing, the well-known Modigliani-Miller analysis of a firm's optimal capital structure offers another argument against hedging. In a world of no taxes, no transactions costs and no information asymmetries, they demonstrated that a firm's financing policy does not matter as long as it does not affect its investment policy. If some shareholders are unhappy with the particular debt-equity structure adopted by the firm, they can achieve whatever leverage they de ­sire by trading on their own account. The same argument can be extended to hedging risks such as ex ­change rate risks. A firm which exports to the United States and has dollar receivables can hedge these with forward sales of dollars against rupees; but if its shareholders can achieve the same result on their own (by taking similar but smaller positions in the dollar-rupee forward market), hedging by the firm will add no shareholder value. If capital markets are perfect, individual investors, in particular a firm's share ­holders can replicate any financial strategy adopted by the firm. In such a world active risk management policy cannot add value. In practice, we find that firms do expend considerable amount of resources- managerial time and money- in an attempt to hedge firm-specific risks. For instance, they avoid highly risky investment projects, purchase insurance against product liability suits, enter into forward contracts in foreign ex ­change, and specific commodities and so forth. Is there a rationale for these actions? In addition to the "irrelevance of unsystematic risks" or "shareholders can do it themselves" arguments against hedging, it has also been argued that since financial markets are efficient, it makes little difference in the long run whether and what kind of risk management posture a firm adopts. This means that with efficient markets it would not matter in the long run whether a firm follows an active hedging policy, a purely passive strategy of hedging all risks at all times, or a policy of no hedging at all. Note however that the hypothesis of efficiency of financial markets is far from firmly established. If active risk management by a firm adds shareholder value it must be (i) because it alters the firm's cash flow in a way which is beneficial to the shareholders even after meeting the cost of hedging and (ii) the firm can achieve this at a lower cost than what the shareholders would have to incur if they did it on their own. This is possible in the presence of some capital market imperfections which are assumed away by the Modigliani-Miller theorem. With reference to the valuation equation, hedging can increase shareholder wealth both by influencing future cash flows and by reducing the discount rate at which these cash flows are discounted. In general it is true that the former effects stronger though there can be circumstances under which hedging can reduce the expected return investors demand from a particular firm[13]. One of the most cogent arguments for hedging by the firm has been presented by Froot et al (1994). They not only provide a rationale for hedging as such but also put forward an explanation as to why selec ­tive or discretionary hedging rather than 100 per cent hedging might be an optimal policy under certain conditions. The main thrust of their argument can be summarized as follows: Firms enhance shareholder wealth- create "corporate value"- by making good investments. "Invest ­ments" here means not only physical plant and equipment but also RD, product development, mar ­ket investments such as advertising and promotion and so forth.[14] THE GLOBAL FINANCIAL MARKET The last two decades have witnessed the emergence of a vast financial market straddling national boundaries enabling massive cross-border capital flows from those who have surplus funds and are in search d high returns to those seeking low-cost funding. The phenomenon of borrowers, including governments, one country accessing the financial markets of another is not new; what is new is the degree of mobility d capital, the global dispersal of the finance industry, and the enormous diversity of markets and inst which a firm seeking funding can tap.    THE LETTER OF CREDIT MECHANISM   In such a case, the opening bank "accepts" the draft and it becomes A Banker's Acceptance: The exporter can get immediate payment by discounting the accepted draft either with the opening bank, o with his own bank or by selling the acceptance in the market'. Financing is thus provide* by the bank which discounts the draft or by a money market investor who buys the acceptance. (With sigh drafts, the importer's bank may provide credit to the importer as a part of their ongoing business relationship). To cater to the wide variety of transactions and customers, different types of letters of credit have evolved. A Revocable L/C is issued by the issuing bank and contains a provision that the bank may amend or cancel the credit without the approval of the beneficiary. An Irrevocable L/C cannot be so amended or cancelled without the exporter's prior approval. A Confirmed, Irrevocable L/C contains an extra protection; in addition to the issuing bank's commitment, a Confirming Bank adds its own undertaking to pay provided a] conditions are met. The confirming bank (which may be but need not be the same as the advising bank will pay even if the issuing bank cannot or will not honor the exporter's draft. A Revolving L/C is use when the exporter is going to make shipments on a continuing basis and a single L/C will cover several shipments. A Transferable L/C permits the beneficiary to transfer a part or whole of the credit in favor of one or more secondary beneficiaries. This type of L/C is used by trader exporters who act as middlemen on recourse basis. The ultimate holder of the notes than presents them to the bank at which they are pay ­able, as they fall due.[15] Traditionally, Forfeiting used to be a form of fixed rate, medium-term funding, but over time Forfeiters have become very flexible and are willing to offer terms to suit the needs of their customers. Some Forfeiting houses will accept paper with maturities up to ten years while in other cases it may be as short as 180 days. The secondary market for the paper generally ranges between one and ten years, depending upon the reputation of the importer, the country to which the importer belongs and the reputation of the bank providing the guarantee. Normally Forfeiters will ensure that the importer, not the exporter bears the cost of financing. That is, the face value of the notes is such that after applying the discount, the exporter gets paid what he would normally charge for cash payment. However for competitive reasons some exporters may choose to ab ­sorb some of the financing cost to make the transaction more attractive to the importer. Charges depend on the market interest rates for the currency of the underlying contract and on the per ­ceived credit risks related to the importer, his country and the credit rating of the availing (or guaranteeing) bank. The interest cost is made up of the following components: (1)   The Forfeiter’s refinancing costs benchmarked to the cost of funds in the relevant Euromarkets seg ­ment applicable to the average life of the transaction. For a five year deal, for example, repayable by ten semi-annual equal installments, LIBOR rate applicable for 2.75 years would be used. (2)   A margin or spread for covering the political, commercial, and transfer risks attached to the availed/ guarantor. It varies from country to country, and guarantor to guarantor[16]. (3)   Some additional charges such as interest for "grace period" granted to the importer and a commit ­ment fee when necessary. The whole transaction can be processed quite fast. Many Forfeiters claim that they take no more than two days after the exporter presents all the proper documents. Buyers' Credits are a form of Eurocurrency loans designed to finance a specific transaction involving import of goods and services. The importer works out a deferred payment arrangement with the lending bank which the bank treats as a loan. [17] Traditionally, Forfeiting used to be a form of fixed rate, medium-term (one to five years) funding, but over time Forfeiters have become very flexible and are willing to offer terms to suit the needs of their customers. Some Forfeiting houses will accept paper with maturities up to ten years while in other cases it may be as short as 180 days. The secondary market for the paper generally ranges between one and ten years, depending upon the reputation of the importer, the country to which the importer belongs and the reputation of the bank providing the guarantee. Normally Forfeiters will ensure that the importer, not the exporter bears the cost of financing. That is, the face value of the notes is such that after applying the discount, the exporter gets paid what he would normally charge for cash payment. However for competitive reasons some exporters may choose to ab ­sorb some of the financing cost to make the transaction more attractive to the importer.[18] Charges depend on the market interest rates for the currency of the underlying contract and on the per ­ceived credit risks related to the importer, his country and the credit rating of the analyzing (or guaranteeing) bank. The interest cost is made up of the following components: (1)   The Forfeiter’s refinancing costs benchmarked to the cost of funds in the relevant Euromarkets seg ­ment applicable to the average life of the transaction. (2)   A margin or spread for covering the political, commercial, and transfer risks attached to the availed/ guarantor. It varies from country to country, and guarantor to guarantor. (3)   Some additional charges such as interest for "grace period" granted to the importer and a commit ­ment fee when necessary.    Bibliography A.  Ã‚  Ã‚   Articles/Books/Reports Kraus, M.W.; Keltner, D. (2008), "Signs of Socioeconomic Status Barro, Robert (1979) "On the Determination of the Public Debt", Journal of Political Economy, Vol 87, pages 940-71. Barro, Robert (1999) "Notes on Optimal Fund Management", Harvard University, May2006 Dornbusch, Rudi (2001) 'A Primer on Emerging Market Crises', MIT, January. Leong, Donna (1999) " Fund Management: Theory and Practice", HM Treasury Occasional Paper. Boushey, Heather and Weller, Christian. (2005) â€Å"What the Numbers Tell Us.† Pp 27-40. Demos. B.  Ã‚  Ã‚  Ã‚   Cases Lucas, Robert and Nancy Stokey (1983) "Optimal Fiscal and Monetary Policy in an Economy without Capital", Journal of Monetary Economics 12, pp. 55-93. C.  Ã‚  Ã‚  Ã‚   Legislation Missale, Alessandro (1997) "Managing the Public Fund: The Optimal Taxation Approach", Journal of Economic Surveys Vol 121 No.3.

Managerial decisions Term Paper Example | Topics and Well Written Essays - 2250 words

Managerial decisions - Term Paper Example More revenue will be generated at a lower cost of production, which is an additional advantage to the company. Contract workers are paid less money than full time employees, and this will be a great advantage to the company as a whole. Introduction According to Kotler & Armstrong (2004), the elements of supply and demand in business are interrelated, and in some cases, they also affect the price of a certain market offering. However, in this case it is assumed that the price is constant and the aim is to establish how supply can be increased in order to meet the rising demand of certain goods without offsetting the prevailing market trends. Economically, if the demand for a certain product increases, then its supply also increases. This relationship will be illustrated using a supply curve later in the paper. Therefore, this paper seeks to explain in detail the relationship between supply and demand in detail and show how this can affect managerial decisions. In some cases, managers need to make decisions that do not affect the viability of the organization in the long run, trying to meet the rising demand for a certain product. ... products offered in the market remains the same, but this issue of the rising demand has to be addressed in order to cater for the needs of customers, who are valuable to the organization. It is also assumed that this increase in demand may not be permanent, and hence the need to put effective measures that do not impact negatively on the operations of the organization. Therefore, the main question to be answered in this case is: Should our company hire temporary or hire new workers to handle the increase in demand for our products? Essentially, there is a need to maintain production costs at a lower level while increasing the supply of the product offered by the company. This is meant to ensure that the company remains viable and that it is also able to operate profitably since the price is not going to change in this particular case. The only thing that will change is the supply of the products offered. An increase in supply entails that more sales are likely to be generated. This also means that more revenue will be realized from the operations of the organization. As such, a holistic approach has to be taken in order to make sure that the workers who are going to be hired will not greatly increase the operational costs, which may impact the viability of the organization. Factors or costs There are various costs that need to be taken into consideration when making managerial decisions that have economic implications on the operations of the organization. Hiring temporary workers impliedly means that the company will not incur a lot of labour costs because of the following reasons: The organization has the autonomy to determine the wage rate of the contract workers. The company does not have the burden of paying fixed salaries to these workers since this may increase