Saturday, May 23, 2020

How Do I Learn Chemistry Tips and Strategies

How do I learn chemistry? If you have been asking yourself this question, then these tips and strategies are for you! Chemistry has a reputation as being a difficult subject to master, but there are steps you can take to improve your chances of success. The Hype Versus Reality You may have heard that chemistry, particularly organic chemistry, is a weed-out or flunk-out course, intended to keep students who arent serious about their education from going on to the next level. That is not the case at the high school level or for college general chemistry or introductory chemistry. However, chemistry class may be the first time youve had to learn how to memorize or work problems. It is true that you will need to master these skills to proceed with an education in the sciences. Organic chemistry requires much more memorization. It is considered a weed-out course for pre-med or pre-vet in the sense that youll need to memorize much more to be successful in those fields than youll encounter in organic. If you find you truly hate memorization, then those fields of study may not be for you. However, students who are taking organic so that they can become doctors or vets usually feel the memorization that is more directly related to their field of study is more interesting and therefore easier to remember than organic functional groups. Common Learning Traps No matter how you learn, these are traps that will make learning chemistry difficult: Assuming the learning style that worked in other classes will work for chemistry. Be flexible and willing to change your approach to learning.Thinking you can cram chemistry the night before the exam. You cant!Assuming understanding a problem means you can work it. This is like assuming you can speak a foreign language based on understanding a conversation. How to Learn and Understand Chemistry Concepts The key to learning chemistry is to take responsibility for your own learning. No one can learn chemistry for you. Read the Text Before Class... or at least skim it. If you know what is going to be covered in class youll be in a better position to identify trouble spots and ask questions that will help you to understand the material. You do have a text, right? If not, get one! It is possible to learn chemistry on your own, but if you attempt this, youre going to need some sort of written material as a reference.Work ProblemsStudying problems until you understand them is not the same as being able to work them. If you cant work problems, you dont understand chemistry. Its that simple! Start with example problems. When you think you understand an example, cover it up and work it on paper yourself. Once you have mastered the examples, try other problems. This is potentially the hardest part of chemistry, because it requires time and effort. However, this is the best way to truly learn chemistry.Do Chemistry DailyIf you want to be good at something, you have to practice it. This is true of music, spo rts, video games, science... everything! If you review chemistry every day and work problems every day, youll find a rhythm that will make it easier to retain the material and learn new concepts. Dont wait until the weekend to review chemistry or allow several days to pass between study sessions. Dont assume class time is sufficient, because it isnt. Make time to practice chemistry outside of class.

Monday, May 18, 2020

Organizational Culture An Organization - 1251 Words

The organization that I work for has many locations but I will concentrate on my work site. The organizational focuses on the well being of the residents and families. For this paper, I decided to focus more on the organizational culture. I will look into how the administrations of this organization are directly responsible for building and sustaining the culture within an organization. Organizational Culture is the shared values and beliefs that underlie a company’s identity. In my organization, these shared values and beliefs reveals a common purpose; to provide the best care for those under our care. Since most of the residents cannot do for themselves, they depend on us to do it for them or to help them learn how to. Based on my†¦show more content†¦For example, rewards given for employee of the month or weekly meetings discussing goals that were and were not met for that week. To improve on our organizational culture, rewards will be given and more meetings will be held in hopes to boost employee’s effectiveness. The second layer is espoused values. It represents the values and the norms that are preferred by that organization and are established by the founder or management. These values are what organizations would want their employees to be influenced by. The values and norms that are displayed in employees are enacted values. The thir d layer of organizational culture is basic assumptions. Over time, these values have been taken for granted thus becoming assumptions that influence organizational behavior and resistant to change. I have seen this becoming a trend in my organization. Those who have been at the organization for a long time are more resistant when there is a new idea implemented. Within my organization, there are policies in place to keep the functionality of the organization running smoothly. Policies such as how to protect yourself as well as the clients served, etc. These policies are made known to employees at time of hire and every so often during training sessions as reminders. To list a few policies at my workplace there is the privacy/confidentiality, training refreshers, the ratio of number of residents to staff and general rules for when theShow MoreRelatedOrganizational Culture : An Organization960 Words   |  4 PagesOrganizational Culture is defined according to Kreitner and Kinicki (2013, p. 62) as, â€Å" the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.† In addition to the core definition, organizational culture encompasses three critical layers that build off one another. The three layers are Observable Artifacts, Es poused Values, and Basic Assumptions. By, defining what organizational cultureRead MoreThe Organizational Culture Of An Organization1393 Words   |  6 PagesThe organizational culture of an organization serves as a foundation that should guide the practice and attitude of all healthcare professionals and staff. King Demarie (2015) describes organizational culture as the basis that determines right and wrong. A hospital organization’s mission, vision, and goals are derived from the culture established within the organization. Organizational decisions are highly influenced by the organizational culture within an environment. Growth, advancementsRead MoreOrganizational Culture : An Organization1231 Words   |  5 PagesOrganizational Culture Organizational Culture exists in every firm, thereby placing a significant impact on the motivational factors of employees. It is communicated through perception using values, artifacts, and the assumption of how things in are done in an organization (Daft Marcic, 2010). In fact, every firm has its exceptional personality known as culture. The organizational culture presents guidelines and boundaries for the employees’ behavior in a firm, which influences the organizationalRead MoreOrganizational Culture : An Organization870 Words   |  4 Pagesdefine it. A company culture determines how employees and customers perceive the company, client treatment and how the company should react to various changes in the environment. An organizational culture is a mirror of the company leadership. Different styles of leadership ensure maintenance of various corporation cultures. The climate within an organization determines a company’s financial performance. To ensure their propos itions are deemed important, a quality company culture integrates each employeeRead MoreOrganizational Culture : An Organization1303 Words   |  6 PagesCulture, a multi-dimensional notion that resides in all individuals, yet is also the same hidden force that separates most behavioral patterns seen inside and outside of organizations (Schein, 2004). Understanding organizational culture is important because it aids in the awareness of the life of an organization, which is relative since it is believed that organizational culture impacts the performance of an enterprise, but just as leadership plays a vital in creating the organization’s culture,Read MoreOrganizational Culture Change The Organization Culture Essay1413 Words   |  6 Pagesworld to hear a new CEO, an organizational consultant, a leadership expert—talk about the urgent need to change the organization culture. Often organizations set high aspirations to â€Å"change the culture† but fall short of modifying the way that people feel, behave and get work done. Culture changes rarely manifest into noticeable long term improvements. It is important to note that corporate cultures are slow to evolve and difficult to change, that is not to say that culture cannot be changed. For startersRead MoreOrganizational Culture : An Organization1409 Words   |  6 Pages Organisational Culture The key in helping to form and provide an identity for an organisation is in its organisational culture. Northcote and Trevelyan (1853) sought to provide the Civil Service with a distinctive character. Their vision based on four principal recommendations (merit through examination, educational level, graded into a hierarchy and promotion through achievement) has meant the Civil Service has invested heavily in training programmes despite long development times. These circumstancesRead MoreOrganizational Culture And Leadership : An Organization906 Words   |  4 PagesRamirez MGT 105 Professor Call Organizational Culture and Leadership Organizational culture and leadership both affect every day working lives, even if you notice it or not. There is no single definition for organizational culture but the concept consists of socially developed rules of conduct that are shared by members of an organization. Some researchers believe that many traits of an organization’s culture are so vague and general that even the members of the organization cannot accurately describeRead MoreOrganizational Culture And Change : An Organization1288 Words   |  6 PagesOrganizational culture and change Organizational culture is defined as that particular system of shared values, beliefs, and assumptions that happens to govern the way that people behave in a different organization. The shared organizational values happen to have a very strong influence on the employees of a different organization and dictate how they act, perform, dress, and carry out their jobs (Anderson Ackerman-Anderson, 2001). As such, organizational culture happens to be one of the mostRead MoreDefining Organizational Culture : An Organization2382 Words   |  10 PagesDefining Organizational Culture With numerous meanings given to organizational culture, scholars claim that the field is grounded in the shared assumptions, attitudes, and behaviors accepted and enacted by employees within an organization, which affect its performance and overall welfare (Belias Koustelios, 2014). Another widespread definition of organizational communication often used by organizational scholars states that: â€Å"Organizational culture is the pattern of basic assumptions that a group

Tuesday, May 12, 2020

Frankenstein and Real Monster - 1762 Words

Discrimination Jennifer Shi Discrimination is treating someone differently, often unfairly, because he/she is a part of a specific group, class or category of people. For instance, a girl named Wu Qing in China was discriminated against and could not find a job because how her body was a bit chubby and the scars in her face from an accident in her early childhood. Even though she was kind and used to be straight-A student, she had no friends. Now, she is looking for selling her kidney in order to pay the plastic surgery fee. Discrimination can change a person from innocent to evil is an important theme in the novel â€Å"Frankenstein† by Mary Shelley. Even though†¦show more content†¦In the novel Dr.Frankenstein shouts, â€Å"You are an evil creature. I shall kill you if I can†¦Ã¢â‚¬  (Shelley 20) and he also says, â€Å"we are enemies, leave me now or let us fight until one of us is dead†¦Ã¢â‚¬  (Shelley 20-21)This quote conveys how much the Dr.Frankenstein hates the monster as he wants to kill him. All of these actions the Dr.Frankenstein has done are solely because of the monster’s countenance that leads to the creator himself who made how the monster looks like wants to kill the monster! How sad and disappointed the little baby-like monster must be. In addition, the inequality he tolerates is far more than just the hurt from his own creator. He has been discriminated against by the drowning girl and her father. He has saved the girl’s life but her father shoots him instead of rewarding him. In the novel it is written, â€Å"I fell to the ground in great pain, and the man and the girl ran into the woods as fast as they could, and left me. The bullet was deep in my arm, and I lost a lot of blood†¦I had saved the girl’s life†¦with a bullet in the arm!† (Shelley 30-31) This quote reveals the strange results of saving a girl’s life – deep in pain, lost a lot of blood and of course enormously trauma emot ionally. It sounds like he has done something horrible simply because of saving someone who is in danger. He has done nothing wrong, is the cruelty, the little human cannot stand theShow MoreRelatedWho was the real monster? Frankenstein1691 Words   |  7 PagesNovember 25th, 2013 THE REAL MONSTER The monster rose from the table. He stared at the creature whom he had created, then ran away in terror. He ran away because the monster looked nothing like anything he had ever seen before; it was monstrous and utterly terrifying. He thought it would harm him as monsters are commonly portrayed to do. What would any human do in a situation like that? Prejudice is not an emotion in itself; it is an offshoot of fear. He feared the monster, which is why he actedRead MoreFrankenstein Final Essay : The Real Monsters915 Words   |  4 PagesFrankenstein Final Essay: The Real Monsters In Shelley’s Frankenstein, the monster is portrayed as a grotesque abomination. However, as Hopkins states in Contending Forces, the cultural and geographical situations, or lack thereof, in which one matures in play a crucial role in the proper development of one’s mind and brain. The monster is simply a product of circumstance. The lack of social interactions alongside geographical isolation propelled the daemon to be alienated from society, ultimatelyRead MoreDr. Frankenstein is the Real Monster in Mary Shelley’s Frankenstein883 Words   |  4 PagesShelley, describing the moment in which Victor Frankenstein fully identifies his creation. He realizes that this monster could ruin both his life and the lives of many more people. Shortly after this realization, the creator rushes out of the room. What to do now that this creature is alive and ready to do as it pleases? After reading the Mary Shelley novel, ‘Frankenstein’ I will try to answer the question, ‘who is the real monster? Dr. Frankenstein or his creation?’ It is usually thought thatRead MoreThe Real Monster Of Frankenstein By Mary Wollstonecraft Shelley1069 Words   |  5 PagesThe Real Monster in Frankenstein As scientists pursue the progress of their field, it would be good if they could do so to benefit the human race. However, if scientific discoveries are motivated by selfish ambition, and scientists do not take responsibility for them if they fail, their creations might become threats to humans. The novel Frankenstein, written by the English author Mary Wollstonecraft Shelley, tells the story of a young scientist, Victor Frankenstein, who unintentionally createsRead MoreWho Is the Real Monster in Mary Shelleys Frankenstein?2098 Words   |  9 PagesMary Wollstonecraft Shelley (1797-1851) wrote the novel, Frankenstein, in her late teens to her early twenties. It was her most famous work and was published in early 1818 it was to become the most famous Gothic Horror story ever written. Shelley lived in a time where the field of science progressed immensely. Science, because of its links to the supernatural, then became part of the emergence of Gothic Horror as a genre. Since th en it has been frequently used in Gothic Horror when using the connectionRead MoreEssay about The Real Monster in Mary Shelley’s Frankenstein991 Words   |  4 PagesIn this essay I will be discussing who really is portrayed as the monster in her gothic horror novel, Frankenstein or â€Å"The Modern Prometheus†. Frankenstein was written in 1816, (thought by many to be the first real science fiction novel) during the age of Romanticism and it tells the story of a selfish man, Victor Frankenstein, whose ambition conducts him to seek for supernatural powers and leads him to death. He is a young scientist, eager to discover something new, the key to life, help to makeRead MoreEssay on The Real Monster in Mary Shelleys Frankenstein2121 Words   |  9 PagesFrankenstein is a classic horror novel, but with a twist of many other genres. Written by Mary Shelley, it was a novel which mixed many exciting elements, such as horror, drama and romance. The story follows a young doctor named Victor Frankenstein, who has an obsession to reincarnate the dead, but his attempts at this fail horribly, and Victor finds himself in deep peril, as the monster stalks him throughout the world. I aim to investigate the issue, however, of who is the true monster inRead MoreThe Real Monster, Victor Frank781 Words   |  4 PagesThe Real Monster, victor frankenstein Mary Shelley#8217;s narrative, Frankenstein is the story of Victor Frankenstein and his creation. #8220;It was on a dreary night of November that I beheld the accomplishment of my toils#8230;by the glimmer of the half-extinguished light I saw the dull yellow eye of the creature open; it breathed hard, and a convulsive motion agitated its limbs.(52)#8221; This was the time and the place in which the creature came to life. Victor Frankenstein thoughtRead MoreEssay on True Nature of the Monster666 Words   |  3 Pages Even though it appears on the surface that Frankensteins monster exhibits actions that appear to be evil and malicious, the reader cannot help but to sympathize with his problems. From the very beginning it is obvious that the monster only wants the approval and the acceptance of his creator. The monster is a type of character that can be compared to a child because the monster like a child only wants the parents to love and to accept them for who they are. In m any cases children almost breakRead MorePride And Vanity In Frankenstein1719 Words   |  7 PagesShelley’s â€Å"Frankenstein† is a book with a deep message that touches to the very heart. This message implies that the reader will not see the story only from the perspective of the narrator but also reveal numerous hidden opinions and form a personal interpretation of the novel. One of its primary statements is that no one is born a monster and a â€Å"monster† is created throughout socialization, and the process of socialization starts from the contact with the â€Å"creator†. It is Victor Frankenstein that could

Wednesday, May 6, 2020

Cell Phone Use, Physical And Sedentary Activity - 983 Words

The article was written by A. Lepp , J.E barkley, G.J. Sanders, M. Rebold P.Gates. from the College of Education, Health and Human Services, Kent State University. The title of the article is â€Å"The relationship between cell phone use, physical and sedentary activity, and cardiorespiratory fitness in a sample of U.S. college students.† This article was found In the The International Journal Of Behavioral Nutrition And Physical Activity, volume 10 and, was published in 2013. In modern times the act of sedentary behaviors has increased a lot compared to previous history. Activities such as searching the net, watching TV may add to this need for sedentary behaviors in general. Video games are also a popular one in modern time. It is common for the sedentary behavior of playing video games to happen in households when adolescents. Cell phones could be added to sedentary behaviors but the tool can be use during sedentary, mild or semi-active behaviors. This issue leads this study. A group of researchers wanted to see a relationship between cellphone use and physical activity. Cell phone can be defined as texting, calling or using the Internet via a cellular device. The researchers hypothesized that a cellphone could have an effect on the body in the form of physical activity. The research was broken up into two phases. The first phase, a random sample 350 people of the student population at a large, public, university in the mid-western United States completed a one-pageShow MoreRelatedCell Phones Vs. Society1251 Words   |  6 PagesCell Phones Vs. Society: Have you ever seen a car accident caused by texting and driving? Have you ever had a conversation with someone where they pulled out their phone and completely disconnected? If so, you have felt a few of the many negative effects cell phones have on society. Today, technology is constantly evolving, taking new forms, updating, and finding its way into more and more of users lives. Most people are comfortable with this, especially the youth of today, as they have been aroundRead MoreHow Technology Has Impacted Our Culture Essay1692 Words   |  7 PagesGet Physical with Smartphones In English 300 we are learning how technology has impacted our culture. In order to relate this topic to my major in Kinesiology, I wanted to research how technology has played a role into physical fitness of individuals. In order to figure this issue out, I had to approach this assignment through many different perspectives: how has technology helped us understand the human body, how has technology impacted sedentary behaviors, how has technology affected us to be moreRead MoreCell Phones Effects On Interpersonal Relationships, Driving Skills, And Individual Health967 Words   |  4 PagesCell Phones are a growing trend around the world, but we do not know much about the health risks associated with them. Many children, students, and adults use their phones frequently, and there could be many growing common risks developing that we are unaware of. Cell Phones are a recent invention that has brought people together all around the world and mostly beneficial but are associated to som e dangers. Using cell phones has effects on interpersonal relationships, driving skills, and individualRead MoreImpact of Technologies on Teenagers1700 Words   |  7 Pagespenetrated all spheres of human activities: education, politics, trade, medicine, and this list can be prolonged. Television and phones are considered to be the primary technologies which appeared in the life of human beings. New technologies were produces in great amounts. Nonetheless, people used those technologies to simplify the process of fulfilling domestic duties. T. K. Derry et. al. mentioned that â€Å"domestic housing, though it followed on the whole traditional forms, made use of new materials and newRead MoreAssociation Between Internet Addiction And Obesity2096 Words   |  9 Pagesand Obesity Anjali Patel The University of Findlay Abstract This paper illustrates the connection of information and communication technology with obesity. The use of the internet is increased. Some researchers found that People are avoiding daily activity due to internet addiction. As a result, life style becomes sedentary. In contrast, some researchers believed that obesity is not associated with internet. This paper thus tries to focus light on the cause of the burning health issue obesityRead MoreEssay on Are Teens too Dependent on Technology?1632 Words   |  7 Pagesher right and left. â€Å"Aarg!† How can she get anything done! It is impossible to complete any tasks from start to finish without the smart phone begging for attention. Does this sound familiar? We, especially teenagers, are familiar with this kind of situation. It is a huge distraction that interrupts everything we do. If so, why does not she just turn her phone off? Why cannot she stop herself from focusing on it? Technology has a significant part in social and educational life of teens and itRead MoreBullying And Cyberbullying933 Words   |  4 Pagesfriends instead of being at home on a cell phone or IPad, there is still an excessive amount of time spent on phones instead with the other individual. How often are there couples out to eat and they are both scrolling through their phones instead of talking? How often are there groups of friends hanging out together and half of them are on their phones? This practice of using the phone in public and ignoring other individuals is now known as â€Å"phubbing,† or phone snubbing (Beck.) Phubbing is becomingRead MoreThe Effects Of Technology On Developing Child1433 Words   |  6 PagesThe Effects of Technology on the Developing Child Technology has transformed society and has become an important part in daily life in various forms, such as television, cell phones and computers. It has eased numerous tasks and issues in the educational, medical and engineering fields. It has also provided a means of communication to contact people around the world without difficulty. As society evolved and more technologies were developed to support the changes, parents depended more on these technologiesRead MoreChildhood Obesity Is A Growing Epidemic1297 Words   |  6 Pageschildren s use of technology and participation in activities to make sure that they stay active throughout the day. The parents lack of monitoring their households use of technology is becoming a huge contributor to the sedentary lifestyle in kids today. Computers, cell phones, television, and video games are some of the leading reasons children are not as active as they should be (Flynt 39). Activity plays a major role in maintaining health and weight. A h ealthy regimen of physical activity reducesRead MoreWhy Increasing People Suffer From Obesity?1181 Words   |  5 Pagesobesity, the very first factor coming into our mind is lack of exercise. This point means people spend less time in exercising. According to Stern, â€Å"Obesity Second Edition†, â€Å"As jobs have become more sedentary, the workweek has been expanding, so even less time is available for leisure-time physical activity.† ï ¼Ë†Stern 31ï ¼â€°.To be more specific, today people need work harder to earn more money. Then, people have more works to do than the past. As a result, pace of life become hurried. Take workers in a computer

Is Democracy the Best Form of Political System Free Essays

Although there are many virtues to enjoy about democracy and democratic forms of government and political systems, this form of government has still many impending challenges yet to be accomplished. In that sense, I agree with Winston Churchill, on the grounds that â€Å"democracy is the worst form of government except all the others that have been tried† (Churchill). Looking at democracy through both its weaknesses and strengths in comparison to other forms of government makes it evident that it is the best form of political system we have, democracy has been subject to problems with, tyranny of the minority, and collective action. We will write a custom essay sample on Is Democracy the Best Form of Political System? or any similar topic only for you Order Now Despite all the democratic weaknesses of this form of government, democracy is still highly consistent in terms of Unpredictable outcomes, managing diversity. Lipset, in Political Man, described democracy as â€Å" a political system which supplies regular constitutional opportunities, and a social mechanism which permits the largest possible part of the population to influence major decisions by choosing among contenders for political office†(Glazer). This definition is generally accepted in a democratic heaven in which the heavenly chorus does not sing with a strong upper-class accent (lecture), but this is not always the case. Despite the democratic institutions based on the principle of equal opportunity, political power is not always distributed equally in a democracy. This is clearly seen in India where the â€Å"high cost of campaigning and the opaque system of election finance have titled the electoral odds heavily in favour of the very rich or the easily corrupted† (Ronjoy Sen 90). Although, similar problems can be found in other forms of governments and political system, what differentiates democracy from other regimes is how it manages to deal with those problems. For instance, in Germany’s authoritarian Fascist regime, â€Å"Hitler was very much his own master† (Henry Turner), and his war aims eventually led Germany to a world war conflict. By comparing Fascist Germany to India’s corrupt democracy, it is clearly demonstrated while, â€Å"small groups of leader have the final say in all important matters†(Sen), democracy is still a political system which allows the largest part of the population to influence major decisions. This is best illustrated when â€Å"India’s unpopular BJP Party lost power nationally in an election† (Nathan Glazer 18). Not every democracy will succeed in dealing with challenges of tyranny of minority and corruption, but democratic forms of government have institutions which offer capacity to change leaders in response to public discontent without changing the system. Collective action is a classical challenge in democracy and democratic forms of government. According to Blais, one of the main criteria for assessing electoral systems is representativeness. â€Å"This guarantees an electoral system in which the vote reflects as precisely as possible citizen’s preferences† (Blais 5). However, one of the challenges of a democratic electoral system is even if we have the right to express our views; we would not take advantage of it. As Olson in the article A Theory of Groups and Organization, notes, â€Å"Individuals in any group attempting collective action will have incentives to free ride if the group is working to provide public goods†(Olson). This is because the information cost of researching different candidates makes voting irrational, since the benefits of voting are not entirely clear. As a result, this promotes free riding, and a democratic government which vote does not reflect citizen’s preferences. If†¦ then not only it will be difficult by large groups to achieve their interests in common, but situations could occur where small groups can take over the majority’s incentives. However, what differentiates a democratic form of government from a totalitarian communist a regime is how it deals with the collective action problem with the help of institutional features such as courts. Courts are important political players in democracy. They are expected to moderate, and deal with challenges of democratic politics, not a setting for Stalin’s show trials. As Nathan Glazer put it, â€Å"Courts are accepted as ultimate arbiters not to be irresponsibly challenged. They can take unpopular positions that elected representative bodies cannot or do not, and in doing so they sustain the liberal objectives of democracies† (Nathan Glazer 19). Democracy is mainly about unpredictable outcomes. What makes democracy highly consistent is not knowing what the next election turnout will be, but having confidence that the candidate with a majority of votes would be elected. The essential goal of democracy is to provide a fair degree of uncertainty. What makes this form of government unique in contrast to China’s authoritarian regime is its ability to allow an alternation of power. For instance, in a democratic election, as Andre Blais had noted, â€Å"Losers believe that even though they may have lost this time there is a real possibility that they will win another time. Because, even though they do not like the outcome, they recognize that the procedure is legitimate† (Blais 3). This raises the question under what conditions; losers peacefully accept the outcome of the election? One can argue that it is due to the fact that democracy is centered on the rule of the law as opposed to the rule of man. Democratic forms of government and political systems are structured by institutions and these institutions direct how political parties function. In example, they determine how legislation passes through parliament or when a citizen is eligible to vote. Therefore, what makes democracy unpredictable in terms of outcome is the perception that each vote counts the same since laws are submitted to all citizens and are protected by the constitution. But in the case of China’s authoritarian regime, as premier Li Peng put it, â€Å"to allow the demonstrating students to negotiate with party and government as equal would be to negate the leadership of the CCP and negate the entire socialist party† (Andrew Nathan 39). This makes it more likely the alteration of power in China, should it come, will occur through a rupture, since an authoritarian â€Å"regime is unwilling to relax the ban on autonomous political forces† (Nathan 39). We live in a diverse world and globalization has only made diversity within nations and states more prominent. Democracies and democratic forms of government perform a better job of administrating and managing diversity. This is best exemplify when Nathan Glazer, in the article Democracy and Deep Divides, states, â€Å"Not every democracy will succeed in dealing with its deep divides. But democracy has institutional features which offer the hope that every part of the population will feel part of the whole† (Glazer 19). What differentiates democracy from Hitler’s anti-Semitic regime or China’s repressive government is how it deals with managing diversity. Democratic forms of government â€Å"promise to address deep divisions more successfully than any alternative†(Glazer) because there are often times characterized by their moderating power. Democracies function to maintain moderate accesses and radicalism, by adhering to norms of inclusion; this ensures citizens are included in a political process whether in terms of voting, engaging in a civil society movement , or having the rights to express ideas in terms of freedom of press and assembly. However, in a non-democratic government like China’s authoritarian regime â€Å"civil society organization and religious groups have to keep a low profile in order to avoid repression† (Nathan 38). According to Nathan’s Authoritarian Impermanence, this is because â€Å"the regime has not become enmeshed in the logic of institutions created as safety valves to preserve its rule† (Nathan). As Andrew Nathan once remarked, â€Å"Democratic regimes, by contrast, often elicit disappointment and frustration, but they confront no rival from that outshines them in prestige. Authoritarian regimes in this sense are not forever. They live under the shadow of the future, vulnerable to existential challenges that mature democratic systems do not face† (Nathan 38). Democracy and democratic forms of government and political system have been subject to challenges of tyranny of minority, and collection. Despite the democratic weaknesses of this form of government, democracy is still highly consistent in terms of unpredictable outcomes, and managing diversity. Similar problems can be found in other regime types like China’s authoritarian regime, Hitler’s Fascist Germany, and Stalin’s totalitarian communist regime. What differenciates democracy from other forms of government is how it deals with those problems by the help of free political parties, contested elections, and court. 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Currency Derivatives free essay sample

Preference of equity and commodity over Currency derivatives trading in India survey Kindly spare some minutes to fill this form and be a part of real customer perception survey and support us to gain an insight about the preferences of Indian retail investors for trading in market and the reasons behind the existing popularity of currency derivative market in India. 1. Did you ever think of currency derivative market as trading option? Yes, I trade in currency market No, but planning to invest after performing research? Never, what is Currency Derivatives? 2. In which market do you trade? (Choose all that apply, skip if you do not trade) Equity Commodity Currency Derivatives 3. Rate your expertise in the market: (Choose one level for each) Zero Commodity Currency derivatives Equity Beginner Intermediate Expert 4. Given Rs. 1000, how would you allocate the money among these investment options? (Allocation should add up to Rs. 100). Hedger Commodity Currency derivatives Equity Speculator Arbitrager 6. We will write a custom essay sample on Currency Derivatives or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Choose and rate from 1 to 3 among the following attributes for each market. (Fill for only those market in which you trade) Returns Market volatility Portfolio diversification Hedging Arbitrage Commodity Currency derivatives Equity 7. Why do you think Indian retails investors have less preference towards currency derivatives market? Strongly agree Not enough self knowledge Less popular among peers Lack of govt. initiatives Agree Neutral Disagree Strongly disagree.

Friday, May 1, 2020

Accounting Financial ACC70 Samples †MyAssignmenthelp.com

Question: Discuss about the Accounting Financial ACC70. Answer: Introduction In the recent past, several Australian organisations were declared bankrupt due to failure to meet their liabilities. Some of these companies include ABC Learning, One.Tel and HIH. With these considerations, this paper aims to investigate on the major events that led to their liquidation. The paper also aims to present analysis on whether liabilities have been the major contributor to the companies liquidation. Background of the Three Companies The ABC learning was one of the Australian organizations. It was established in 1988 in Ashgrove, Queensland and rapidly expanded its operations reaching around 43 childcare centres by the end of June 2001 (Rush Downie, 2006). The company was listed in Australian Security Exchange in 2006 with a market capitalization of around $2.5 billion. It went into administrative receivership after the upshot from subprime mortgage crisis resulted to debt repayment overwhelming the frim (Kruger 2011). In 2005, the company purchases Learning Care Group which provided it with over 70,000 extra licensed childcare places. The main role of ABC Learning was operation of childcare centers. In essence, it provided childcare services for different children from six weeks old to the pre-school age. It main objective was to make sure that every kid is loved, educated and nurtured and therefore ensure they are given the best probable chance in their life. After a successful history of this company back in 2008, the company had its backdrop of severe financial and debt crisis that forced it to go into a voluntary administration receivership as on November 2008. Over this period, 40% of its centers were declared unprofitable and its board handed ABC over to the administrator (Rush Downie, 2006). On the other hand, HIH Insurance comprises of numerous distinct government-licensed insurance organisations, including the HIH Casualty as well as the General Insurance Limited, CIC Insurance Limited as well as the World Marine and General Insurance Limited. In essence, HIH Insurance Company was the Australian largest Insurance firm prior to it liquidation on March 2001 (Buchanan, Arnold Nail 2003). Its liquidation is the largest collapse in the history of the country with it losses being estimated at $5.3 billion. HIH Insurance was established in 1968 by Michael and Ray before it was acquired by British Company CE in 1971 and then transferred to Health International Holdings in the year 1989 (Allan 2006). Furthermore, One.Tel Phone Company was the fourth largest company in the telecommunication sector in Australia before its collapse. The company encompassed a group of the Australian telecommunication firms established in 1995 most of which are under external administration by the court after liquidation. The firm was established by Brad and Jodee. The two has ventured in unsalable and obsolete software. In addition, the two were properly connected in contact with investors, brilliant personnel and financiers who could assist their firm grow. One-Tel developed at a significant rate and achieved great deals within a short period of time. During its existence, OneTel Phone Company occupied the second position in the Australian telecommunication organization (Avison Wilson 2002). It had over 2 million consumers and its operations were in eight major countries. Therefore, the collapse of this firm was a shock to the different corporates operating in Australia and across the globe. This f irm had high profile or reputable directors and was known for its effective promotion. Nonetheless, the firm was declared bankrupt in June 2001 and since that time it has been in the process of being settled (HIH Royal.Com 2003). ABC Learning Collapse In spite of this company selling off assets, it fell into receivership in 2008. Its collapse is not just a commercial let-down but it is also a governmental policy disaster. In essence, the collapse was attributed by overreliance on ever-increasing stock price by the government to assist in funding the ceaseless expansion (Kruger 2011). Further, the collapse of ABC Learning is also linked to poor accounting, governance as well as ethical practices. In addition, ABC Learning collapse is linked to its increased debt servicing obligation over the years as a result of its rapid expansion internationally mainly from acquisition in UK and US. In essence, the main reason behind ABC Learning collapse is its opaque operation. Basically, ABC Learning business model was not properly planned, economics of different sites were not coasted and there was improper analysis for site selections. In addition, there was no organization hierarchy and the company was not decentralized in a proper manner ( Khan 2017). This provided room for lack of transparency in ABC Learning operations. Further, ABC Learning income statement was also inaccurate in their source of income. Another reason for ABC Learning collapse was staffing problem. The company had relief staff provider with whom the company had legal dispute. This childcare owed 123 careers around $9 million worth of the bills and around $31 million compensation package for about 16,000 staffs attributing to the high level of turnover and lack of effective personnel (Kruger 2011). Another reason was the ineffectiveness of the HR department. ABC Learning lacked human resource practices since there were no HR planning practices as recruitment and selection, job analysis as well as proper training. Finally, practice of nepotism also attributed to ABC Learning collapse. Basically, ABC Learning CEO practiced nepotism by including his former brother-in-law in major expenditures as he provided refurbishment and maintenance of childcare centers. Collapse of One Tel There is no specific reason as to what led to collapse of One-Tel, nonetheless, weaknesses in the governance practices in line with internal control system, audit quality, management communication with board of directors, management scrutiny as well as financial report quality could be linked to the firm downfall. In essence, the collapse of One-Tel could be as a result of numerous aspects such failure of the management and directors to exercise appropriate duties as in the Act of 2001, lack of internal controls as well as lack of independence in auditing role. To start with, failure of the management to in running the firm could have attributed to One-Tel collapse (Avison Wilson 2002). The company management embraced management-by-crisis technique and instead failed to carry out forward planning. In addition, the director failed to act on behalf of shareholders interests, thus disregarding agency relationship. Here the management approved excessive expansions as well as loans, failing to ensure that suitable system of audits and controls are observed. In addition, the management failed to act honestly contravening section 180, 182 and 183 of the Act. Another reason for One-Tel collapse was the failure of the auditors to carrying out their functions in an independent manner (News archives 2001). HIH Insurance Collapse Collapse of this firm is considered as the biggest or massive collapse in Australia insurance organizations history. The commission examining the events that led to its collapse reported that there was not just a sole cause of HIH liquidation but there was some methodical disaster in every section or level of its operations (Buchanan, Arnold Nail 2003). Some of the events include Rodney act of obtaining cash by deception, dishonesty in discharge of Rodney duties as well as his act of intentionally disseminating any false information. Another event that led to failure or collapse of HIH Insurance was failure of providing properly for the future claims as well as all other issues particularly stemmed for the issue (Allan 2006). Covering the future claims is an important facet of any insurance firm operation. Nevertheless, by end of HIH life, the company was in a stand where the adverse swing of 1.7% would be sufficient to bring up the firm to be the mismanagement of the varying market situations that increased the HIH liabilities enormously and were not at any point covered by the tactical forecasting initiatives which could have been anticipated to engross such variations. The varying market situation could have caused some serious destabilization for the company. The collapse is also attributed by its antagonistic expanded business strategies (Bailey2003). HIH acquired numerous firms in its final years. These expansions are said to have brought about greater or huge liabilities in the organization than it would otherwise be in case it took into consideration that the liabilities would be in proportion to its expansion (HIH Royal.Com 2003). In essence, HIH appeared to have misinterpreted the level to which additional requirements required to be completed for variations in the market, which is a key error that if it was addressed on time it could have enabled the company to evade the liquidation (Buchanan, Arnold Nail 2003). In addition, HIH also entered the market that was either overcrowded or competitive offering relatively lower insurance premium to its customers which resulted to legal and business risks or issues. Furthermore, it acquired some troubled insurance organization with relatively high price within it rapid growth in 1990s with one of the controversial acquisition of around $300 million of buying FAI who in a later date became the member of the HIHs directors. Furthermore, HIH Insurance had numerous fundamental issues like reserve problem and under-pricing. Besides its collapse was not only contributed by it fundamental issues and business strategy, but was also attributed by reckless management, greed, self-dealing, false reports and fraud. In addition, the company was also attributed by stock market manipulation as well as disseminating false information (Allan 2006). Ethics and Governance in Explaining ABC Learning Financial Stress The ABC Learning governance was poor which is associated with its current financial stress. In addition, its act of entering into numerous related-party transactions was unethical and damaged its reputation to different investors (Rush Downie, 2006). ABC Learning corporate governance has some issues which included use of the margin loans by former and founder chief executive in investing in the firm and related party transaction with the relatives. These practices are unethical and could attribute to financial stress in an organization (Khan 2017). The company management also lacked proper governance practice in considering the effect their decision could pose on the organisation culture, and employees, leading to low quality care. There is also issue of ethics in ABC management where the management opted to follow pre-conventional level rule in maximizing their profit instead of being concerned on the company employees. Ethics and Governance in Explaining One-Tel Financial Stress One of the ethical issues that could be pointed in One-Tel scenario was failure of the auditors to observe independence while carrying out their duties. This could result in misstatement in the financial statements going unnoticed. There is also some issues in governance where by the management failed to scrutinize the proportion of debts that was being used tofinance the expansion in relation to the amount of cash flow getting in after the expansion (News archives 2001). Ethics and Governance in Explaining HIH Financial Stress The fact that HIH board went unchallenged while pursuing its expansion strategies is unethical and shows that there were some disasters in governance with no actual guidance being applied in checking whether the firms plan was financially sustainable or correct. In essence, it is totally unethical for the management to fail to be cautious while pursuing the expansion, since any organization planning to expand its operations needs to be cautious to ensure its liabilities are well covered during its expansion (Allan 2006). By expanding rapidly, it shows that there was poor governance since the company had little experience and it left no margin in entering the new market. This shows major mismanagement and unethical during HIH major expansion. There is also some ethics issues from HIH Insurance practice ranging from lack of independence for the non-executive directors as well as dominance of the CEO which could have led to the companys financial stress (Bailey2003). Further, there were some corporate governance practice failures which are linked with the companys current financial stress. These included lack of independent information resources as well as inadequate risk management. Conclusion In conclusion, it is evident that massive expansion of the three firms both in Australia and globally was the key event that resulted to their liquidation. This is based on the notion that with the massive expansion, the companies debt servicing increased, resulting to increased long-term debt obligation which was not in proportion to the total return generated from the new expansion. Thus, in simple terms it is evident that increased level of liabilities was the main reason behind the collapse of the three companies. Hence, there is need for the management of such firms to take into account of the liability levels before making any decision to expand its operations. References Allan, G. (2006). The HIH collapse: A costly catalyst for reform.Deakin L. Rev.,11, 137. Avison, D., Wilson, D. (2002). IT failure and the collapse of One. Tel. In Information Systems (pp. 31-46). Springer US. Bailey B2003, Report of the Royal Commission into HIH Insurance; Viewed at 4th September 2017 from; https://www.aph.gov.au/library/Pubs/RN/2002-03/03rn32.htm Buchanan, B., Arnold, T., Nail, L. (2003). Beware of the ides of March: The demise of HIH Insurance. HIH Royal.Com 2003, The failure of HIH insurance. Viewed at 4th September 2017 from; https://www.hihroyalcom.gov.au/finalreport/Front%20Matter,%20critical%20assessment%20and%20summary.HTML#_Toc37086537 KehlD 2001, HIH Insurance Group Collapse; Viewed at 4th September 2017 from;https://www.aph.gov.au/library/INTGUIDE/econ/hih_insurance.htm Khan, IR 2017, Critically evaluate the main reasons for ABC Learnings collapse; Viewed at 4th September 2017 from; https://supervmarketing.blogspot.co.ke/2017/05/critically-evaluate-main-reasons-for.html Kruger, C 2011, Numbers finally start to add up as operators go back to basics; Viewed at 4th September 2017 from; https://www.smh.com.au/business/numbers-finally-start-to-add-up-as-operators-go-back-to-basics-20110121-19zy6.html News archives 2001, One.Tel acquires new customers; Viewed at 4th September 2017 from; httn://www.egoli.com.au/newsandviews/archives/13765.html Rush, E., Downie, C. (2006). ABC Learning Centres. A case study.finance