Wednesday, December 25, 2019
The Theory Of The Leisure Class Essay - 1367 Words
The Theory of the Leisure Class, by American economist and sociologist Thorstein Veblen, stands as a testament to both insightful social commentary and an unquestioning dogmatism of its contents in everyday academic discourse verging on the commonsensical. It was written in 1899; a place in history where late capitalism or postmodernity is seldom to be imagined by even the most gifted of social critics. The book, itself, is a treatise on economics and a detailed social critique of conspicuous consumption as a function of both social class and consumerism. It is derived from the social stratification of people and the division of labor, which are the social institutions of the feudal period up until to the modern era. The theme in sociological and economical thinking is the social stratification of tribal and feudal societies upon social and economic utility. To Veblen, the rise of a conspicuously consuming leisure class wasnââ¬â¢t a sign of progress. It was a relic of barbarism, an evolutionary step from feudalism, and, therefore, un-American. The association of luxury with British tyranny and decadence persisted through much of the 19th century. There wasnââ¬â¢t much things to flaunt about in the early stages of the country. The nation had little in the way of dynastic wealth or large enterprises; even slaveholding in the South was crushed by the Civil War. However, by the 1880ââ¬â¢s and 1890ââ¬â¢s, new technologies, like the telegraph, steam engines, railroad, electricity, etc., forged aShow MoreRelatedThorstein Veblens Theory Of The Leisure Class760 Words à |à 4 PagesIn 1890ââ¬â¢s, Thorstein Veblen started the theory of the Leisure Class. This line of thought attempted towar ds the rejection of rational and maximizing behaviour and emulated a powerful force. Veblen observed the contemporary tribal societies which comprised of two kinds. The first kind was the one which had to do continuous work for survival. Such societies reflected a strong communal benevolence and immense cooperation amongst the members. The antisocial elements were kept out of the society. PeopleRead MoreAnalyzing Thorstein Veblens The Theory of the Leisure Class848 Words à |à 4 PagesIn 1899 Thorstein Veblen wrote The Theory of the Leisure Class: An Economic Study of Institutions. In this work, Veblen presented critical thinking that pertains to peopleââ¬â¢s habits and their related social norms. He explores the way certain people disregard the divisions that exist within the social system, while subsequently emulating certain aspects of the leisure class in an effort to present an image of higher social status. He also presented the theory of conspicuous consumption, which refersRead More A Comparison Between Fitzgeralds Great Gatsby and Veblens The Theory of the Leisure Class1397 Words à |à 6 PagesFitzgeralds Great Gatsby and Veblens The Theory of the Leisure Classà à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à The American Dream is real; Americans are able to rise out of poverty and into leisurely lifestyles with a bit of luck and a lot of hard work. Fitzgeralds The Great Gatsby and Thorstein Veblens The Theory of the Leisure Class both address issues of status and wealth that arise from peoples pursuits of the American Dream. But the authors differ in their beliefs about the natureRead MorePsychology And Camping At Chutes Provincial Park1656 Words à |à 7 Pages Psychology and Camping at Chutes Provincial Park Next, I will be analyzing my leisure experience at Chutes Provincial Park through a psychological lens. More specifically I will be looking at the positive psychology movement. Kahneman and Krueger (2006) believe that ââ¬Å"positive psychology focuses on the well-being and flourishing of individuals and communitiesâ⬠(as quoted in Mock, Mannell, Guttentag, 2016, pp. 41). In addition to looking at well-being, positive psychology studies human functioningRead MoreEssay on The Leisure Class1176 Words à |à 5 Pages(1899). The Theory of The Leisure Class. New York: The Macmillan Company. Authors Purpose Thorstein Veblen initiated a new approach to economic theory that took account of evolving social and institutional contexts and considered their human implications. In his examination of the leisure class, he looks at non-economic features of their social life. In this economic analysis he probes the beginning of time and travels down through history to discover the origin of the leisure class. SpecificRead More Thorstein Veblen: Short Bio Economic Theories Ideas Essay511 Words à |à 3 Pagesprevalent in most of his writings and economic theories. nbsp;nbsp;nbsp;nbsp;nbsp; nbsp;nbsp;nbsp;nbsp;nbsp;Society, to Veblen, could be described as a division of classes. The quot;leisure classquot; and the quot;industrious classquot;, the former being described as a predator, parasitic and harmful to society, and the latter being the members who produce goods. This mostly came from his most famous work, The Theory of the Leisure Class, in which he coined the phrase quot;conspicuousRead MoreAesthetic Judgement And Aesthetic Judgment1448 Words à |à 6 Pagesas a mechanism to enhance survival and reproduction within a species. Thus, this overall notion of aesthetic judgment can be associated to the emerging theory of evolution and everything it encompasses. With this groundbreaking discovery, a variety of historically great modern thinkers (philosophers) managed to incorporate this scientific theory into their understanding of the world around them. Ultimately, while their perspectives may vary, these philosophers fundamentally acknowledge that thisRead MoreThe I dea Of A Perfect Society, Or Utopia, By Sir Thomas More880 Words à |à 4 Pagesbelieved that everyone should be judged based on reason rather than whether or not a particular custom is considered the norm. Gonzalo described a society where everyone was a part of the leisure class, a group of people that Thorstein Veblen discussed in his book The Theory of the Leisure Class. The leisure class, as described by Veblen, is comprised of the wealthier people of society and ââ¬Å"by custom exempt or excluded from industrial occupations, and are reserved for certain employments to which aRead MoreHistorical And Current Marketing Theories1467 Words à |à 6 PagesHistorical and Current Marketing Theories: A Comparison and Contrast Analysis How are companies such as Ford, Wal-Mart, Apple, and Nike implementing branding as a form of marketing? According to Wagner (2013), businesses have five factors that may cause failure: lack of dialogue with the customers, lack of differentiation, inability to communicate value propositions, weakening of leadership, and failure to have a successful business model. Operating a business can be challenging and rewarding.Read MoreThe Decline Of The Middle Ages Essay1548 Words à |à 7 PagesMiddle Ages, the church stressed the importance of work over leisure. Although the church disapproved of many forms of leisure, it could not stop the want or the need for leisure. Many forms of leisure remained after the fall of the Roman Empire. Hunting was a form of leisure for both the wealthy and poor. Hunting for the poor was of necessity. Whereas, hunting for the wealthy was used to keep oneââ¬â¢s ââ¬Å"war spiritâ⬠in top form. Other leisure activities of the Middle Ages, includ ing gambling, music
Tuesday, December 17, 2019
The Mental Aspect Of Sports Performance Essay - 1338 Words
For many years, the mental aspect of sports performance has received considerable attention in sports psychology. The cognitive processes in elite and less skilled athletes have been studied extensively, in an attempt to shed light on the variables arbitrating task execution during performances (Beilock, Carr, Machon Starkes, 2002). This essay investigates how cognition differs in elite and less skilled athletes. Firstly, it considers elite-novice- differences in attentional focus; which suggests that where athletes direct their attention while performing differs across skills. Moreover, the essay closely examines the difference in elite and novice athletes ability to make effective decisions during performances (Milazzo, Farrow, Ruffault Fournier, 2016). One aspect of cognition that differs in elite and less skilled athletes is an attentional focus. Numerous studies have demonstrated that during a performance, skilled players direct their attention on their movementsââ¬â¢ outcomes ( an external focus of attention) whereas less skilled players orient their attention on their body movements ( an internal focus of attention). This differing role of attention in athletes is explained within the automatization thesis (Bernstein, 1996), according to which experts have highly automatic motor skills due to continuous practice, thus focusing on the movementsââ¬â¢ outcomes promotes a more automatic control which leads to efficient movements and high performance. Conversely, the motorShow MoreRelated Sports medicine Essay example1620 Words à |à 7 PagesSports medicine Today in sports athletes endure many mental and physical obstacles from there competitive environment. Many of todays best athletes work with sports psychologists to help them handle the pressures found in this competitive atmosphere. One question that athletes ask is, why cant they play in big games as well as they anticipate themselves doing? Sports psychologists feel that spending all their time on body conditioning and athletic skills will not ensure that athletes reachRead MoreEssay about Mental Rehearsal Key to Improving Athlete Performance1706 Words à |à 7 Pagesalthough the sport is played with the body, it is won by the mind. Not surprisingly sport performers increasingly turn to psychology in an effort to gain a winning edge over their rivals. In this sense, mental imagery, or the ability to represent the minds information that is not currently being perceived, is widely used by athletes to enhance their performance in competition. (Moran). Many sports such as golf, t ennis, and swimming, not only require physical skills, but also a strong mental game. MostRead MoreThe Mental Aspect Of Sports Can Help You Become A Better Athlete772 Words à |à 4 PagesTitle: Mental Skills Name: Mackenzie Park Organizational Pattern: Topical General Purpose: To Inform Specific Purpose: At the end of my speech, I want my audience to know how the mental aspect of sports can help you become a better athlete. Central Idea: Today I am going to inform you about what mental skills are, nine mental skills to be successful, and how your mental skills help to improve your physical skills. Introduction: ââ¬Å"Ninety percent of the game is half mental,â⬠by Yogi Berra (ââ¬Å"Mind Gym:Read MoreSport Psychology : Sports Psychology1599 Words à |à 7 PagesSports Psychology Sports psychology is a relatively new topic of research that first started out in 1925 as a preparation tactic for athletes before an important event to increase chances of success (Joyce, 2008). In the world today sports psychology is increasingly being used in sports but also manipulated into research to use in organizational groups. Athletes are always looking for the next way to win, even if it is by the smallest of margins, however, competition may be fierce and very competitiveRead More Sport Psychology Essays1652 Words à |à 7 PagesSport Psychology In earlier days sports psychology was mostly concerned with developing assessment methods that would identify those people with the potential to become serious superior athletes. Today the focus is on psychological training, exercises that strengthen the mental skills that will help athletic performances on the path to excellence. These skills include mental imagery and focus training. If an athlete is serious about becoming the best he or she can possibly be, the most essentialRead MoreSports Athletes Should Not Be Better Than Their Opponent1268 Words à |à 6 Pagesthe world of sports, competitive athletes are willing to do whatever is necessary to be better than their opponent. The nature of the competitive drive in some athletes is precisely what separates the average from the elite. Compared to their novice counterparts, elite athletes usually have a more extensive knowledge-base of sport-specific information and are more adept at using said knowledge efficiently to identify, remember and manipulate relevant information in their specialist sport (Swann, MoranRead MoreWhat Makes a Sport a Sport? Essay671 Words à |à 3 PagesSports are played worldwide and are reflective of that particular areas cultural view. This has led to a wide variety of sports that are played. Due to this high level of diversity it has become extremely challenging to define what activities are considered a sport verse a recitation activity. Specialists in this field frequently debate this issue, discussing the criteria that should exist when evaluating a sport. The main goal is to make a list concise enough yet, at the same time detailed so itRead MoreThe Importance of Sport and Exercise Psychology Essay1050 Words à |à 5 PagesSport and exercise psychology is a mandatory aspect of the sport science discipline. This discipline contributes to the various professional practices associated with physical activities such as - teaching of physical education, recreation and health prom otion, and kinesiology related professions - because it plays a mental role for the participants. Sport and exercise psychologists view physical activity in several different ways: physical activity as a tool for health, physical activity as a toolRead MorePsychology : Psychology And Social Psychology1398 Words à |à 6 Pagespsychology can be broken down further into many subcategories such as the following: clinical psychology, forensic psychology, and sports psychology. Both of these broad categories, nevertheless, share the same end goal, which is to understand the human mind and its functions. Psychology defined in the Merriam-Webster dictionary is: ââ¬Å"The science of mind and behavior; the mental or behavioral characteristics of an individual or group; the study of mind and behavior in relation to a particular field of knowledgeRead MoreHow useful are models of self confidence in developing our understanding of sports performance1627 Words à |à 7 Pagesï » ¿How useful are models of self-confidence in deepening our understanding of sporting performance? Confidence has been outlined as an important and essential mental skill in sporting performance by both athletes and coaches according to Vealey and Chase, 2008. There is a general consensus of support by the literature for a positive relationship between confidence and performance (Moritz, Feltz, Fahrbach, Mack, 2000 cited by Machida, Ward and Vealey, 2012). In developing an understanding of these
Monday, December 9, 2019
Theories Essential Of Motivation Leadership -Myassignmenthelp.Com
Question: Discuss About The Theories Essential Of Motivation Leadership? Answer: Introducation Planning theory includes the basic concepts, relationships, propositions and assumptions related to planning. Theoretical approach towards planning, enlivens the planning action for the personnel, in terms of exposing appropriate behavior towards the construction of concrete plans. Rational thinking is extremely important for creating plans for the achievement of positive results (Luthans, Luthans and Luthans 2015). Practical application of the preconceived rationality helps the personnel, especially the managers, to make effective plans for enhancing the productivity in the business. Therefore, rationality and practicality are important elements for planning. Practical application of rational behavior enhances the personality of the personnel (Miner 2015). Typical example of this rationality is consistent evaluation of the created plans. Eagerness and willingness towards this evaluation is of utmost importance for the personnel in terms of managing the workplace activities in an eff icient and effective manner (Miner 2015). Re-planning after the identification of major drawbacks in the first planning reflects the re-utilization of the scientific facts, concepts and knowledge for deriving new plans. Re-utilization might distort the originality of the already established facts. However, little consciousness towards the proposed plans helps the personnel to achieve positive outcomes in terms of reaching the benchmark level of performance by keeping the organizational values intact. Pondering upon the concept of relationships, planning holds an important position. This is for maintaining the stability in the relationship between the personnel (Naylor, Pritchard and Ilgen 2013). This stability helps in the exposure of partnership working, which is assistance for the achievement of the positive results in terms of maintaining the efficiency and effectiveness in the business activities. From the findings, two issues can be found out- time management and future planning. The interviewed manager thinks that time management is very important for doing the things effectively and efficiently. Making practical utilization of the available time helps the manager to achieve successful completion of the tasks in hand. Along with this, he also thinks that planning before starting the tasks is crucial for the achievement of positive outcomes (Pinder 2014). Scheduling the tasks, according to their priority in the morning, helps him in managing the workplace activities properly. He believes that adhering to the planned schedule is vital for getting the best results. He follows this principle not only for managing the performance of the employees, but also for organizing meetings with the stakeholders and other business partners. Maintenance of consistency in this adherence justifies the position awarded to him. This is not all; he jots down the highlights of the meeting and evaluates his performance at the end of the day. This helps him to identify the drawbacks, which needs to be modified for enhancing his personality as a manager. This evaluation includes a conscious approach towards the pending tasks (Naylor, Pritchard and Ilgen 2013). This consciousness helps him to improve the standard and quality of his performance (Wagner and Hollenbeck 2014). Eagerness and willingness are the initial stages towards planning. Presence of these components helps the personnel to derive best results in the efficient execution of the business activities. Absence of willingness reflects the lackadaisical attitude of the managers towards maintaining the order and harmony of the workplace. Analysis From the above two segments, it can be concluded that planning is vital in terms of deriving best results for the achievement of success. However, rationality and consciousness is required in this planning for reaching to the benchmark level of performance. One of the typical components of this planning is time management. Effective management of time helps the manager to execute all the tasks according to their priority. For this, planning the available time is important (Williams 2015). Effective and judicious utilization of the available time assists the manager to successfully complete the tasks and evaluate their effectiveness, appropriateness and feasibility. Keeping in mind the identified and the specified objectives justifies the designation, setting a positive example in the minds of the employees (Pinder 2014). Herein, the traditionalism and the originality of the organizational values attain a positive connotation. Along with this, the interviewed manager thinks that future planning helps in being prepared for the instances, which he might have to encounter in the process of managing the workplace activities (Luthans, Luthans and Luthans 2015). Evaluation is the main agent, which helps the manager to envision the place where they would reach through the execution of the current duties and responsibilities. This includes the conglomeration of the current position and the future position. As a matter of specification, in-depth evaluation of the current position helps the manager to think of promotion, which helps in the attainment of personal as well as professional development (Wagner and Hollenbeck 2014). References Luthans, F., Luthans, B.C. and Luthans, K.W., 2015.Organizational behavior: An evidence-based approach. IAP. Miner, J.B., 2015.Organizational behavior 1: Essential theories of motivation and leadership. Routledge. Naylor, J.C., Pritchard, R.D. and Ilgen, D.R., 2013.A theory of behavior in organizations. Academic Press. Pinder, C.C., 2014.Work motivation in organizational behavior. Psychology Press. Wagner III, J.A. and Hollenbeck, J.R., 2014.Organizational behavior: Securing competitive advantage. Routledge. Williams, C., 2015.Effective management. Cengage Learning.
Sunday, December 1, 2019
The Godly Family Of Colonial Massachusetts Essays
The Godly Family Of Colonial Massachusetts The Godly Family of Colonial Massachusetts Puritans didnt really think of their family as a private household, but as an essential part of society. Many communities tied families to each other by birth or marriage. The communities of the seventeenth-century, being small, had many marriages and remarriages that created a kinship, which was a difficult to understand. In-laws and distant cousins were known as brothers, sister, aunts, uncles, mothers, fathers, and cousins. This relationship was very important in the social, economic life of the community, because it helped to develop trading networks and investments. Partnerships within families were important, because some members had their own ships. Merchant and artisan families kept their craft skills within the family, by teaching their sons and/or nephews the trade. For economical purposes, it was very important that everything was within family. The father was the authority figure in the family. He represented his family and supported the family. His wife, servants, and children were to submit to his authority (if the children cursed or hit their father, they were penalized with death). Where the sons would live when they got married was up to their father (usually around the parental homestead). The Puritan doctrine states that the wife is not equal to her husband. She was not allowed to vote, had to submit to her husbands commands, and had to show him an attitude of reverence (fear him out of love). The Puritans did provide the wife with some safeguards in the doctrine; such as being able to divorce her husband if hes impotent, cruel, has abandoned and failed to provide for the family. Though the father seems to be the dominant one, his wife does have the power to leave him is she chooses to (with a good reason). History Essays
Tuesday, November 26, 2019
Respect of Words essays
Respect of Words essays Response to Words Worth Fighting For In the article observed, Pete Hamill writes about one of the old-fashioned Americans named Barry Goldwater. The author makes it clear that he and Goldwater share completely different political views but also makes it clear that he has the up-most respect for the man. Hamill respects Goldwaters ability to always speak his mind and tell the whole truths no matter what the subject matter. Also Hamill has adopted and shares Mr. Goldwaters belief on our countries freedom of speech but they both believe that what you speak should always be the truth. In Hamills and many others eyes, Goldwater knew what he was doing and how he was going to do it. He would tell it straight forward unlike most of the weasel words we get from other political leaders of the world today. Hamill expounds on this issue by giving such names as George Bush, Al Gore, and Bill Clinton and showing us the ways that they try to avoid most issues because of fear of persecution. Another highly valuable trait that both men agree upon is courage. Hamill states throughout our society, courage is becoming all too rare. He tells us that we need more people with a voice, and a heart to tell the truth. We need an uprising of people that can stand up for what they believe in no matter what the consequences and no matter what the cost. Hamill is shouting out to the people of this country to have a voice, state their opinions, and make changes. In conclusion, two people with completely different values and beliefs in politics share the same belief in the power of words. This power can make or break the most important decisions of our lives. If we were to take and apply anything from his article, Hamill would wish that we take Goldwaters relentless pursuit to tell the truth. After all who wants someone that slithers his way around the things that need to be told. ...
Friday, November 22, 2019
Citing a Chapter from an Edited Book in Oxford Referencing
Citing a Chapter from an Edited Book in Oxford Referencing Citing a Chapter from an Edited Book in Oxford Referencing When academics contribute a single chapter to a larger volume, you may find yourself needing to cite just part of a book. And while this is like citing a full book, it does differ in a few ways. Letââ¬â¢s look, then, at how to cite a chapter from an edited book with Oxford referencing. In-Text Citations for a Chapter from an Edited Book All versions of Oxford referencing use a footnote and bibliography system. As such, we indicate citations with superscript numbers in the main text: Citations usually appear after final punctuation in a sentence.1 In the accompanying footnote, you then need to give the following information for the chapter of the book you are citing: n. Chapter Authorââ¬â¢s Initial(s) and Surname, ââ¬Å"Chapter Title,â⬠in Editorââ¬â¢s Initial(s) and Surname (ed.), Book Title, place of publication, publisher, year, page number(s). In practice, then, a footnote citation for a chapter from an edited book would look something like this: 1. M. L. Rosenzweig, ââ¬Å"Do Animals Choose Habitats?,â⬠in M. Berkoff and D. Jamieson (eds.), Readings in Animal Cognition, Cambridge, Bradford Books, 1999, p. 189. The page numbers here should indicate the specific section youââ¬â¢re citing. You will then give the complete page range for the chapter in your bibliography. For repeat references to a single chapter from a book, meanwhile, you can use a shorter citation format. This usually involves either: Giving just the authorââ¬â¢s surname and a new page number. Using the Latin abbreviations ââ¬Å"ibid.,â⬠ââ¬Å"op. cit.,â⬠and ââ¬Å"loc. cit.â⬠Check your style guide for more information on which approach to use. Chapters from Edited Books in an Oxford Bibliography In your bibliography, you should list all cited sources alphabetically by author surname with full publication information. For a chapter from an edited book, this includes: Author Surname, Initial(s)., ââ¬Å"Chapter Title,â⬠in Editorââ¬â¢s Initial(s) and Surname (ed.), Book Title, place of publication, publisher, year, complete page range. As you can see, this is similar to the first footnote citation format. The key differences in the bibliography are that you give: The authorââ¬â¢s surname first, followed by initials The page range for the entire chapter, not a pinpoint citation In practice, then, we would list the chapter cited above as follows: Rosenzweig, M. L., ââ¬Å"Do Animals Choose Habitats?,â⬠in M. Berkoff and D. Jamieson (eds.), Readings in Animal Cognition, Cambridge, Bradford Books, 1999, pp. 185ââ¬â199. A Note on Oxford Referencing This guide sets out the basics of how to cite a chapter from an edited book using Oxford referencing. However, this system can differ between institutions. As such, you should always check your style guide for advice on how to present references in written work for your course. If you donââ¬â¢t have a style guide available or it doesnââ¬â¢t cover a certain issue, just aim for clarity and consistency. And if you need anyone to check the referencing in a document, weââ¬â¢re happy to help.
Thursday, November 21, 2019
A critical review and response to a relevant research paper in Essay
A critical review and response to a relevant research paper in relation to safeguarding. (5000 words) - Essay Example Childcare professional all over the world, have always put the interests of the child first, more so when it comes to ââ¬Ëphysical abuse and risk to lifeââ¬â¢(Hagan, 2006 pg 24). They are right to be so, since, child safeguarding and protection are more of a right than a necessity. Safeguarding covers the aspects of a child spanning from early life to maturity. Safeguarding focuses on the development, factoring potential risks and vulnerabilities while cultivating an atmosphere ââ¬Ëfocused on children as future citizensââ¬â¢ (Parton, 2011 pg 856 ââ¬â 857). Child protection is quite essential in its own respect, however, safeguarding outweighs protection since it is curative preventive rather than curative. Cleaver et al., (2009 pg 13) firmly insists that children should be put at the center of the safeguarding process. Partonââ¬â¢s (2011) study purposed to shed light on policy development and debate in England, in relation to child protection and safeguarding. He lays emphasis on the significant change in policy over the years. By having this article published by the British Journal of Social Work, with the authority and command it bears in this field, the article asserts it strength and relevance. It is, however, not enough to vouch for an article based on who, or where it featured; there is the need for further scrutiny and research by all stakeholders. This helps influence practice and even policy. In this essay, therefore, I will critically aim at analysing Partonââ¬â¢s article, giving a summary and a critique thereof. Partonââ¬â¢s main purpose was to reflect in a critical way, the developments in policy, as well as debates in England in matters of child protection and safeguarding (Parton, 2011). By emphasizing on policy changes in a span of 20 years, he aimed at putting the state on the spotlight in matters of its contribution to this change. The researcher neither portrays the state as having failed in matters of policy development, nor does he
Tuesday, November 19, 2019
The Role of Religion in the United States and Egypt Essay
The Role of Religion in the United States and Egypt - Essay Example US Puritan ancestors believed that men were born evil but had the potential to be good, through self-control and self-motivation. The Protestant religion teaches that self-discipline and hard work contribute to the "godlinessâ⬠of individuals (Chapter 9), which is reflected in the beliefs about human nature, and in the attitude towards work. Similarly, the Islamic belief proclaims hard work as a cherished virtue (Chapter 10). Muslims believe that people are born good and develop into positive directions (Chapter 10). The Americans view time as a key resource (Chapter 9). Their present efforts and resources are oriented to the future. Unlike the US, the time has different dimensions in Egypt; it is not a linear adherence to schedules and deadlines, but rather an abstract mixture of people and transactions (Chapter 10). The equality in the United States is proclaimed by Constitution, while the Islamic guiding document proclaiming equality is the Koran (MS Encarta, 2003). Still, st atus and financial power in both cultures are the sources of social inequality. The United States places a strong emphasis on status-defining factors like money, and power (Chapter 9). Similarly, the Egyptian society comprises of the ruling minority of Afrangi, high government officials, and academicians, and the ruling majority of natives, Baladi (Tehuti Research Foundation, 2003).The individualistic American society is much different from the group-oriented Islam, where family traditions are highly cherished (Chapter 10).
Thursday, November 14, 2019
Eva Smith in An Inspector Calls :: An Inspector Calls J.B. Priestley Plays Essays
Eva Smith in An Inspector Calls Do you agree that Eva Smith is presented as a victim in the play ââ¬ËAn Inspector Callsââ¬â¢? How does J.B Priestly use the Inspector to make the Birling family aware of their responsibilities to individuals such as Eva Smith and how successful is he? When Eva Smith is presented to the audience by the Inspector, she is immediately shown to be the victim of the play. The Inspector highlights and describes how each of the members of the Birling family has used Eva Smith. The Inspector shows that each character has victimised her and that each of them has a part to play and a partly responsible for her death. The Inspector soon shows us that he thinks she is a victim as he describes her as ââ¬Å"A pretty, lively sort of girl, who never did anybody any harm.â⬠The Inspector tries to make each family member, including Gerald Croft, guilty for how they have treated Eva Smith. ââ¬ËAn Inspector Callsââ¬â¢ is a play all about the social attitudes of the time. The play shows the attitudes of high class people such as the Birlings and how they see other members of the community. The Birlings are a rich family and they donââ¬â¢t feel that they should care for other people. They think that they should only be responsible for themselves and there family and not get involved with helping less well off people. Mr Birling put it that ââ¬Å"if we were all responsible for everything that happened to everybodyâ⬠¦it would be very awkwardâ⬠¦Ã¢â¬ The play shows how Eva Smith is a victim of the attitude of society in 1912. It shows how hard it was for her as she was young, had no family and was unemployed, meaning she had no income to provide for herself. The play shows how some women were forced to beg charities for help to survive or how some young women were even forced into prostitution to provide themselves money to live on. The play highlights the bad way in which women, in a position similar to Eva Smithââ¬â¢s, were treated at that time by society, especially wealthy members of the public with high social statuses such as the Birlings. The Inspector targets each member of the Birling family and shows how they, as individuals, victimised Eva Smith and made her life harder. The Inspector firstly shows how Mr Birling treated her. Mr Birling is the father of the family and has a high status in the community. Mr Birling is a successful business man. He is involved in local politics and is hoping to be given a knighthood.
Tuesday, November 12, 2019
Vertical Integration
Andrew Carnegie, owner of the Carnegie Steel Company, used vertical integration, a system of related businesses in which a parent company owns its suppliers, to increase his businesses efficiency levels. Carnegie bought out the companies and suppliers that carried the raw materials and services he required for his business. He was able to control everything he needed, and make agreements with other companies to buy his steel. Using this method, he saved money and increased his profits.The Walt Disney World Corporation also uses vertical integration, just as Carnegie had done. Walt Disney plans, produces, advertises, and distributes all their own products. These products are sold in stores all owned by Disney. What also adds to the use of vertical integration within this corporation would be the purchase of ABC. Through this acquisition, it was a way for Walt Disney to propagate some of its programs on its own.Vertical integration affects society by creating less competition, it makes businessesââ¬â¢ profits increase and allows them to save money. There are many positive reasons for vertical integration, such as improving supply chain coordination and reduce transportation costs, but with that always comes the negatives. Due to the lack of supplier competition, there are potentially higher costs, and there is a lower opportunity to increase product variation. Vertical Integration Andrew Carnegie, owner of the Carnegie Steel Company, used vertical integration, a system of related businesses in which a parent company owns its suppliers, to increase his businesses efficiency levels. Carnegie bought out the companies and suppliers that carried the raw materials and services he required for his business. He was able to control everything he needed, and make agreements with other companies to buy his steel. Using this method, he saved money and increased his profits.The Walt Disney World Corporation also uses vertical integration, just as Carnegie had done. Walt Disney plans, produces, advertises, and distributes all their own products. These products are sold in stores all owned by Disney. What also adds to the use of vertical integration within this corporation would be the purchase of ABC. Through this acquisition, it was a way for Walt Disney to propagate some of its programs on its own.Vertical integration affects society by creating less competition, it makes businessesââ¬â¢ profits increase and allows them to save money. There are many positive reasons for vertical integration, such as improving supply chain coordination and reduce transportation costs, but with that always comes the negatives. Due to the lack of supplier competition, there are potentially higher costs, and there is a lower opportunity to increase product variation.
Saturday, November 9, 2019
Changes in Politics Dbq
Kailas Samaha APUSH Kirts 7 October 25, 12 Changes In Politics The United States of America is a country known primarily for being founded upon the principles of equality, and liberty. An aspiration the nation has always been centered upon is creating an equal basis for each individual inhabiting the United States. The nation has always taken a great sense of pride in the voting system it possesses, but unfortunately there was a time when this glorified system was not available to the public.After the war of 1812 came to an end the public began to discuss the topic of voting heavily. The most significant changes in participation in both political campaigns and elections in the United States took place within the years of 1815 to 1840; and this was because of a dramatic change in activism, as well as a dramatic increase in the level of campaigning. Within the years of 1815 and 140, political activism grew immensely within the United States.Although compared to present day, the amount of voters is comparable to nothing, for the time period having almost 27 percent of the inhabitants of the United States able to vote, was ground breaking. 25 years later the amount of individuals that were entitled to voting rights increased over 50 percent, leaving the grand total at 80 percent of inhabitants were entitled to vote. (Doc. A) An outcome of a grand increase of voters, was a grand increase of political views and sentiments regarding not one, but many different issues within the political realm of the nation.Although most individuals whom were granted the right to vote saw it is as extremely positive change in all aspects, there were few who viewed the concept of voting as a chaotic concept, they stated ââ¬Å"the tendency of universal suffrage is to jeopardize the rights of property and the principals of libertyâ⬠(Doc. B) This quote states that everyone having the right to vote, puts the rights people have to their individual property in jeopardy, as well as the basic principals of liberty the nation is founded upon.Some on the other hand, were opposed to the idea of voting as a nation because they believed it opened a door to catastrophe due to the immense amount of conflicting viewpoints. Although, the people that had the mentality of creating fiasco were few and far between, most thought, ââ¬Å"Political combinations between the inhabitants of different states are unavoidableâ⬠(Doc. C) This quote reinforces the idea that the ââ¬Å"combination ââ¬Å" of political outlooks was unavoidable, especially outside of ones home state.Opposing viewpoints proved to be rare within individuals from the same regions, whereas contrasting notions proved to be mostly within the North of the nation, and the South. By individuals being granted the privilege to vote, they did not only gain a ballot, but they gained a voice in their countries, which gave them a feeling of belonging and importance. Given this voice was stated ââ¬Å"By the authority of that political liberty which has been promised to us equally with our fellow men, solemnly publish and declareâ⬠¦ ââ¬Å"that we are, & of right ought to be,â⬠entitled to equal means to obtain equal moral happiness,â⬠(Doc.E) This quote entails that with the right to a political voice comes the basic right to the pursuit of happiness, distributed equally within all people. Regardless of the common celebration that came hand in hand with the right to vote, came also the inevitable impact that a large amount of political disagreements had on voting. Inevitably, approximately have of the United States were in accordance with one candidate, and half with the other. A firm supporter of mister John Quincy Adams stated ââ¬Å"When I first arrived in America Mr.John Quincy Adams was president, and it was impossible to doubt, even from the statement of his enemies, that he was every way calculated to do honor to the office. â⬠(Doc. F) This quote shows one of the many strong political views that were displayed within the United States in regard the presidential candidates. Although at the time the large quantity of controversy seemed like a negative thing, it played a massive role in the way political candidates campaigned, therefor an entirely new era of campaigning was sprung upon the nation.Within the years of 1815 and 1840, more specifically halfway between both, revolutionary and drastic forms of campaigning became common within political campaigns. Candidates were familiar with the idea of identifying with the ââ¬Å"peoplesâ⬠, a word frequently used to establish somewhat more of an intimate connection (Doc D. ) This word was used not only to establish an intimate connection, but also to establish a sense of trust and support.Another way candidates would identify with the voters would be to be depicted doing things that any common man would enjoy doing. An example of this is portrayed when candidate Harrison is shown standing alongsid e a barrel of hard cider, a common drink amongst the population of the United States. Harrison states that he is bringing a feel of ââ¬Å"hospitalityâ⬠to the country as depicted in the advertisement. (Doc. I) This advertisement portrays Harrison as ââ¬Å"one with the middle classâ⬠, which was an important tactic brought fourth in the era of 1815-1840.Another key element in the uproar of campaigning and voting was the increase of media coverage relating to the elections. In the year of 1810 the idea of press covering political America was rare, but by the year 1835 the amount of newspapers that did such had tripled in quantity. The reason media coverage proved itself to be so important was because it was extremely influential in the eyes of the general public, seeing as it gave them inside views to knowledge of the national problems at hand.The participation that was shown by not only candidates, but the general public in both campaigns and voting within the years 1815 to 1840 proved to be revolutionary and extremely influential in the turn out of the United States. The monumental rise in the participation of the people in political standpoints layed down the base for the idea of liberty within the nation; the idea that every member of the country was entitled to their own beliefs, and entitled to portraying them publically. The ideologies established within the 1815 to 1840 era changed the modern world significantly due to activism in the general public.
Thursday, November 7, 2019
The Politcal Correctness problem essays
The Politcal Correctness problem essays Political correctness, a concept originally meant to protect minorities and the under represented and thus strengthen the country, has in todays America become no more than a necessary evil and catalyst for the cult of ethnicity. In theory political correctness sounds like a very reasonable idea and when looked at very shallowly this remains the case. When it is more thoroughly looked at thought it dangers become more and more apparent. By creating a set of correct terminology and assigning each ethnic background a name that separates them from the main culture of America we run the risk of further exaggerating the potentially volatile situation created by the cult of ethnicity in the country today. So a balance between extreme political correctness that drives groups apart and a complete lack of social regulation as to what is acceptable, that causes groups of people to be oppressed, must be reached. Note not all aspects of political correctness are as potentially corrosive as those that pertain to race and ethnicity; some, such as those which are used for gender related issues and handicaps to name a few, are helpful while other terms, which there are to many to list, are downright comical. Words can and have been used to harm and oppress people and races in this country and abroad. America has long been a melting pot for various ethnicities and taking the good with the bad has also experienced many different waves of racism. Before this century, and more accurately before the civil rights movement, many ethnicities, and African-Americans in particular, were held down by highly negatively loaded language. From the time of slavery African-Americans where held down by various words that today hold such engrained meanings and are so hate charged that mentioning them even for analytical purposes in this essay would be risky. Later on new groups got exposed to these types of words as Irish, Italian and w ...
Tuesday, November 5, 2019
Law of Multiple Alleles
Law of Multiple Alleles Multiple alleles is a type of non-Mendelian inheritance pattern that involves more than just the typical two alleles that usually code for a certain characteristic in a species. With multiple alleles, that means there are more than two phenotypes available depending on the dominant or recessive alleles that are available in the trait and the dominance pattern the individual alleles follow when combined together. Gregor Mendel only studied traits in his pea plants that showed simple or complete dominance and had only two alleles that could contribute to any one trait the plant showed. It wasnt until later that it was discovered that some traits can have more than two alleles that code for their phenotypes. This allowed many more phenotypes to be visible for any given trait while still following Mendels Laws of Inheritance. Most of the time, when multiple alleles come into play for a trait, there is a mix of types of dominance patterns that occur. Sometimes, one of the alleles is completely recessive to the others and will be masked by any of those that are dominant to it. Other alleles may be co-dominant together and show their traits equally in the phenotype of the individual. There are also some cases where some alleles exhibit incomplete dominance when put together in the genotype. An individual with this type of inheritance connected to its multiple alleles will show a blended phenotype that mixes both of the alleles traits together. Examples of Multiple Alleles The human ABO blood type is a good example of multiple alleles. Humans can have red blood cells that are of type A (IA), type B (IB), or type O (i). These three different alleles can be combined in different ways following Mendels Laws of Inheritance. The resulting genotypes make either type A, type B, type AB, or type O blood. Type A blood is a combination of either two A alleles (IA IA) or one A allele and one O allele (IAi). Similarly, type B blood is coded for by either two B alleles (IB IB) or one B allele and one O allele (IBi). Type O blood can only be obtained with two recessive O alleles (ii). These are all examples of simple or complete dominance. Type AB blood is an example of co-dominance. The A allele and the B allele are equal in their dominance and will be expressed equally if they are paired together into the genotype IA IB. Neither the A allele or the B allele is dominant over each other, so each type is expressed equally in the phenotype giving the human an AB blood type.
Sunday, November 3, 2019
Management Strategic Plan Research Paper Example | Topics and Well Written Essays - 1250 words
Management Strategic Plan - Research Paper Example Sharjah municipality works on betterment for all the people of Emirates (Sharjah Municipality, 2012). Strengths, Weaknesses, Threats & Opportunities Strengths The corporation has strong local presence. The municipality has developed expertise in the field of e-service. The corporation has strong presence in the society. They practice corporate social responsibility activity to enhance social image. They are a government organization and they can take help from the government to raise capital for implementing new technology. The administrative department is using a updated website to provide information to customers. The municipality is using e-payment system for value services. Weaknesses Work culture of the municipality needs modification. All the staffs work alone. Work culture of the municipality affects customer service level. Customers are not satisfied with the service level of the Sharjah Municipality. The municipality needs to implement state of art technology to improve cust omer service level. The administrative department does not use state of art technology like VoIP and data collocation technique to increase service efficiency. Opportunities Sharjah Municipality has the opportunity to increase service efficiency by using internet application like email marketing can help the company to design suitable communication strategy. The corporation can get real time feedback and queries from customer after implementing e-service. The corporation has the opportunity to improve service level by implementing E-procurement system. The municipality can increase efficiency of digital marketing by using data collocation techniques. Threats Threats in terms of changing consumer behaviour, implementation cost for new technology can impact the business process of the municipality. The municipality will implement ERP system to organise transactional data. The administrative department needs to invest huge amount of money to implement ERP system. Investing too much mon ey on single technology can be identified as threat factor. VoIP technology integrated with 1Net MPLS-based IP VPN service can be used by the municipality to communicate with people of Emirates (Washburn, 2009). Vision Statement Drainage Department of the municipality provides premier service to increase the efficiency level of wastewater management facility. They are trying to create a healthy environment by improving wastewater management facility. They have planned to invest more than 150 Million Dirham to expand network of construction projects within next few years. They are planning to increase car parking facility in near future. The construction projects network will cover an area of 100,000 cubic meters. Mission Statement The municipality works on betterment for all the people of Emirates. They always try to provide quality service to customers. The corporation tries to maintain an honest service relationship with the people. The administrative department tries to design a sustainable social growth model for all the people of Emirates. Corporate Values The municipality tries to maintain healthy service relationship with all the people of Emirates. They give importance on achieving result in terms of providing quality service. They are trying
Thursday, October 31, 2019
What makes china an attractive location for inward direct investment Essay
What makes china an attractive location for inward direct investment by multinational enterprises - Essay Example This project has incorporated over US $580 billion. The inward direct investment for China has grown with these developments in the economy. In 2007, foreign direct investments reached $83.5 billion. Foreign outflows increased further in 2008 and has grown steadily since. China went ahead to announce increased merger and acquisition deals to above one hundred and thirty mergers in 2008. Furthermore, merger and acquisitions in 2009 exceeded US $27billion. Chinaââ¬â¢s strength in the international investment lies its ability to remain consistent through economic downturns (Qu et al 2010). Foreign outflow and inflows in China has been notably stable despite persistent downturns on the global threshold. Most studies attribute development of the Chinese economy and its financial stability to foreign investments. More than fifty per cent of Chinese exports come from foreign connections, located within the country. Moreover, three hundred out of five hundred of the worldââ¬â¢s largest companies, have extended their productivity schemes to China. These foreign firms alone employ approximately twenty four million workers within China (Green et al 2010). The data taken shows that over three quarters of Western, Japanese and other Asian multinational organizations move to Chinaââ¬â¢s domestic market (Urata et al 2006) Investors are especially attracted to China by low costs of labor and land. The Chinese labor force is among the largest in the world. It consists of over one hundred and four million in the productive sector. This number alone doubles the labor forces of Germany, US, Italy, Canada and Britain altogether. The Chinese market is also characterized by offer deficit besides the favorable costs of land and available labor. China is endowed with resources such as minerals for example, aluminum, bauxite and oil that are useful in the investment process. The nationââ¬â¢s investment is similarly influenced by money supply and recent account balances. Coun tries seeking to attract foreign investment use such methods as these. The methods involve creation of incentives by reduced taxation on exportation to China, critical recommendations on technology and favorable loaning processes along with good infrastructure for telecommunication and transport purposes (Paprzycki et al 2008). Chinese inward investments by and large exceed those that are made outside the country. The country has also resulted in creating provision for its international capital for own foreign investments. Chinaââ¬â¢s overseas investments have been encouraged by overflow of resources and the countryââ¬â¢s allegoric domestic demand. The countryââ¬â¢s excessive capacity in production has led to sectors of the Chinese economy seeking international investment opportunities. This for the sake of further growth in such industries that bear an overflow. Furthermore, investments take advantage of quota free access to countries like the United States by investing di rectly through other nations such as Africa and Cambodia. Other nations have advantages such as location specificity and incentives (Wang, 2002). The United Kingdom for example provides with investment grants. Chinese foreign investments take advantage of this benefits. Investments by the Chinese firms is motivated by opportunities to gain knowledge on certain technologies. The Chinese foreign direct investment goes into other economies with the aim of obtaining technological knowhow. The technological knowledge later applies in Chinaââ¬â¢s own production processes (Zheng, 2008). The Chinese government reinforces foreign investmen
Tuesday, October 29, 2019
Decision Paper Case Study Example | Topics and Well Written Essays - 2000 words
Decision Paper - Case Study Example Presently, the school has two payment models, which are the fixed tuition fee system and the after care school payment. In both instances, there are variations with how much parents would pay; especially with the after care fee. With the tuition fee, the difference in amount of money to pay comes in as a result of existing discount systems for parents who qualify and fall within discount criteria. With the after school system, the difference comes in how many hours a student would be engaged in the system. This means that the billing system is complicated because of the differences. However, the billing system is typically manual whereby parents have to make payments directly to the vice principal and in her office. One other situation that creates a bit of difficulty with the present billing and information system; apart from its manual nature is that the payment procedure allows for two modes of payments, which are paying in bulk and paying in installment. Generally, this involves high cost and time for the vice principal in keeping records of various times of billing that payments are made. But for the inability of the information system to handle complex processes including the billing system of the school, the school would have grown beyond its present grade 3 level. The fact of the case is that because the information system is highly manual and complicated, the administrative term of the school hardly have any extra time to undertake administration programs that are centered on growth and expansion. If the principals and administrative term had for the past twenty (20) years dealt with something more advanced and modern, they would have spent less time managing the billing system of the school such that they could have concentrated their time on publishing for the physical expansion of the school. Diagrammatically, the billing and information system uses Microsoft Excel software that contain the following data about students and payments. Student Name Pa rent Name discount on fixed fees Monthly fixed tuition fee Monthly fixed after-care fee Discounted fixed fees Monthly ââ¬Å"drop-inâ⬠fees Total monthly fee Payment received Amount paid to date Amount outstanding Business Process Improvement The shortcoming of the old system is its manual nature, which makes working on the billing system cumbersome, difficult and time consuming. It was indeed based on these shortcoming and weaknesses that the new information and billing system was designed. The new billing system embraces and encompasses the new approach to technological development because it has its entire operational component rooted in technological operations. This is to say that there is virtually no need and use of manual manipulations to get the new system to run or start and complete a billing process. The new billing system is typically an online process that gives parents the pleasure of making payments from the comfort of their homes and offices. This means that th ere is a major advantage whereby the need to walk distances from peopleââ¬â¢s home to the school to make payment has been eliminated. The role of the vice principal to spend almost three quarters of her duties and time in the school overseeing the payment of fees will also stop. This means that there is going to be more time for the school to concentrate on its new expansion
Sunday, October 27, 2019
Impact of Aristotle on Education
Impact of Aristotle on Education Aristotle Education and Plato Through the life of Aristotle, one would wonder how a mere thought of philosophy could impact the way education is practiced today as we know it. Aristotles way of life reflected the way he thought and what he wrote for people to view and educate upon today. He has many philosophies that are brought right into the classroom today without anyone knowing they are. His philosophies are truly remarkable. When a person creates something or teaches something, the philosophies brought in the classroom become so innate that people who use it dont even know it exists. Realism is an educational philosophy, which stresses knowledge that develops from ones own senses. Under this philosophy the idea exists that there is a real world not constructed by human minds, that can be known by ones own mind. It is through experiencing the world around everyone in which one learns the guiding principles and social conduct of life. Reality is what one experiences in the physical world. Therefore, everything one can learn and know comes from experiencing the world around us. Aristotle is considered by most to be one of the greatest pagan philosophers. He was born in a Grecian colony at Stagira, 384 B.C.E. At birth he was born into a set life. His father, Nicomachus, had a position under the King Amyntas of Macedonia as court physician. Therefore, this could relate to how his education started off. It was thought that his ancestors held the same position under the King because this way the area of court physician could become hereditary. As physician, Aristotle was taught in the area of medicines and was also trained for the position of court physician. It was here that he was clearly educated with a developing mind to entertain the many questions that arose in his head and the direction he would take to answer them. It is also clear that with each time Aristotle traveled from one place to another, it had some sort of impact on him: his thinking, his writings, and the way that philosophy is viewed today. With each place he traveled to, he was able to gain, share, teach, and experience the knowledge of philosophy. It was from when he was eighteen till he was about thirty-seven that he studied under the guidance of Plato as his pupil in Athens. He was held as a distinguished student among the group that studied with him in the Grove of Academus. The only problem that seemed to arise in his years of study was his relation with his teacher. Now these instances are not clear but it is known that both Aristotle and Plato had each their own ideas about certain views and philosophies. Therefore, it is only nature for them to bump heads a little in arguments over whether either side was justifiable with their ideas, beliefs, and/or views. There was still no reason to believe that the two did not have any form a friendship, since they both had such high views toward life. Legend reflected poorly and unfavorably upon Aristotle but legend has not been viewed that way as it is today. But it was shown even after Platos death in 347 B.C.E. that Aristotle still held Plato in high respects. He never gave any lack of cordial appreciation to him, when all people expected him to do once he died. The death of someone important in his life probably also affected the way he thought about certain ideas. After his teachers death, Aristotle went to Atarneus in Asia Minor where he met with the ruler, Hermias. There he would be married to Hermias adopted daughter Pythias. This may not seem relevant to how it influenced realism in education, but if one were to think about it, how can marriage not change the way someone thinks in some sort of way? A few years passed, Hermias was murdered due to rebellion and King Philip II of Macedon called upon Aristotle to return to Stagira. It was here that he would become the tutor of Alexander the Great, who was only thirteen years old. This had a great impact on history, as people know it. Aristotle taught him the knowledge of ethics and politics, as well as many secrets of philosophy in which many people probably would have trouble comprehending. Alexander the Great profited from the knowledge passed on from Aristotle along with Aristotle influencing the mind of the young prince to his benefit, and that is how history was affected by this contact between these two people. Once Alexander took the throne, Aristotle returned to Athens and there opened a school of philosophy. Later he followed in the footsteps of his teacher, Plato. He formed a school, Lyceum, in a gymnasium, where he gave regular instruction in philosophy. It was here that for thirteen years (335-322B.C.E.) as a teacher at the Lyceum, he came up with the greater number of his writings. He came up with dialogues, which were writings that Aristotle frequently wrote that are still read today and were then by his pupils. When teaching at the Lyceum, Aristotle had a habit of walking about as he taught. It was in connection with this that his followers became known in later years as the peripatetics, meaning, to walk about. Besides, he composed the several treatises on physics, metaphysics, and so forth, in which the exposition is a language more technical than in the dialogues. These writings show how much of a great influence they have, such as the way they impacted Alexander whom later became known as Alexander the Great. They show in particular how he succeeded in bringing together the works of his predecessors in Greek philosophy, and how he spared neither pains nor expense in pursuing, either personally or through others, his investigations in the realm of natural Phenomena. When Alexanders death became known at Athens, and the outbreak occurred which led to the Lamian war; Aristotle was obliged to share in the general unpopularity of the Macedonians. The charge of impiety, which had been brought against Anaxagoras and Socrates, was now, with even less reason, brought against him. He left the city, saying (according to many ancient authorities) that he would not give the Athenians a chance to sin a third time against Philosophy. He took up his residence at his country house, at Chalcis, in Euboea, and there he died the following year, 322B.C.E. His death was due to a disease from which he had long suffered. The story that his death was due to hemlock poisoning, as well as the legend, saying they he threw himself into the sea are absolutely without historical foundation. There are numerous ways that the theories, philosophies, ethics, writings, and styles of teaching of Aristotle have influenced education today and most likely will continue to in the future. Aristotle believed strongly in the importance of an education that studies the real world and then draws conclusions and gains knowledge through analytical exercises. With practically everything that is done today and taught today, there is some relevant relation to that of Aristotle and his beliefs. Through some of Aristotles books of Politics, one is able to see how education could be influenced and affected by what Aristotle says in his writings. Aristotles ethical theory is expressed through many aspects. Aristotle tends to express his feeling towards virtue in a way where it can go two ways. He talks of how virtue is divided into moral and intellectual virtue. Excellence of character deals with the good life and happiness. People are concerned with their character and getting the golden mean, which is true happiness, in life. One whom educates would be affected by this golden mean because they must learn to stray away from this aspect. They have to learn to educate for the sole purpose of those who are being taught to thrive as to what they are being taught. In a way, all these are interrelated with each other. Aristotle also explains the relation between ethics and politics, which leads to the implication for nature of morality and well living. Virtue, to Aristotle, is interpreted as the excellence of an object and that the object will perform its function effectively. This goes for people as well. For example a virtuous educator will successfully teach their students information they need to comprehend in order to go forward with their education. Aristotle divides human virtue into two types. One is moral virtue and the other is intellectual virtue. Although, it is hard to give an exact definition of each type, one would hope that an educator of today would lean toward the more moral virtuous side. Virtue is also a state of character that is concerned with choice with the golden mean. This leads to discussing the mean according to Aristotle. People who are morally virtuous are always making their decisions according to the golden mean. Of course not everyone is the same, different people have different means. This brings about the point that the good life is a life of happiness. Aristotle says such a life can be achieved by excellence in the two areas of virtue, but people are all aiming at some type of good in life. Some just may have higher expectations in their goal. People with virtual excellence want to have the good life that, according to them, is the excellence of character. The good life is referred to as being happy with life. Happiness must have two concepts included to fit Aristotles definition. Someone must exercise his or her thought of reason. He calls this activity of soul. Happiness also must have quality in the performance of the virtue, and it is the chief goal that everyone wishes to accomplish. Aristotle argued that the goal of human beings is happiness, and that we achieve happiness when we fulfill our function, or purpose of life. Therefore, it is necessary to determine what our function is. The function of a thing is what it can alone do, or what it can do best. This here is a key point in which an educator must understand. This key point of understanding is one of the most influential things Aristotle elaborates upon in my opinion. When he implies that the function is what one can do best, he implies that if someone is best at teaching, than they are to teach as their purpose in life. As a result of this function, they would than achieve happiness, but only if they were to do it in a virtuous way would they achieve happiness. Happiness is something that must be aligned with perfect virtue. This also goes along with the excellence of character. If someone is to have excellence of character he or she want or try to be happy and have the good life. If they achieve this then they will have the excellence of character. Some of these aspects are interrelated with each other. For instance, happiness is an activity of the soul that is along side of perfect virtue. Aristotle al so says that virtue must be a state of character because of a persons desire to act in a way that would ensure that golden mean. Virtue, excellence, the mean, the good life, happiness, and character are all interrelated within each other to be happy with life and achieve the golden mean. With all of this intertwined, the influence placed upon education, as a whole, is how an educator actually teaches. One may not realize it, but just think about what Aristotle shows through his views. Dont people go to school to learn morals, virtues, build character, find what they wish to do with their life, what they find to be enjoyable in life, etc. Every single thing an educator does to a student, as a whole, is based upon Aristotle ethics and politics with happiness. Another aspect in which Aristotle influenced education today is his views on realism. According to a realists point of view, the purpose of education would be to learn behavior in our society and guidelines to live our lives by. Throughout its long varied history, realism has had a common theme, which is called the principle or thesis of independence. This theme holds that reality, knowledge, and value exists independently of the human mind. This means that realism rejects the idealist view that only ideas are real. Matter exists even though there is no mind to perceive them, such as the classic question about the tree falling in the woods. To the realist, matter is certainly an independent reality, however, the realist also considers ideas to be part of the thesis. The role of the educator would be more of a guide or advisor to the students rather than an actual teacher. The whole idea of a realist is to learn by experience, so the students need a guide than a teacher so they can encounter it for themselves. Doing this, the students can determine what kind of knowledge they are inquiring, and how they can apply it to their lives. Therefore, an educators responsibility would be to teach students to learn from the world around them, not just out of books and from history. While performing this role, the educator needs to present the subject in a exceedingly organized and precise manner. While the educators are explaining how to learn from the real world, they might use many different kinds of methods from outside the classroom, such as field trips. This would let the students practice this knowledge themselves without have an adult stand up in front of a class and lecture about it. A realist would also present their material in a systematic and organized way and would also teach that these are clearly defined criteria for making judgments in art, economics, politics, etc. The children need to learn through trial and error, and experiencing joy and pain from naturally occurring experiences in their lives. Realists also like to examine physical characteristics of an object. They like to know the base of the subject and debate over its physical characteristics, rather than debate whether it exists or not. Many realists do like structure in their view of education. A realist educator needs to use lectures, demonstrations, sensory experiences, and teaching machines during their class. They usually approve of competencies, performance based teaching, and accountability. With this idea of using field experience instead of classroom lectures brings many controversial issues. A weakness in realism is that the curriculum for the class must be one that is rich in ideas for the conceptions to be tested. An educator must also be able to classify and categorize characteristics with similarities and differences. Others also say that the curriculum has to be organized in separate subjects in order to create an efficient and effective way of learning about our real world. Realism also fails to deal with social change quite frequently, being that no one knows what will be tomorrow, so therefore it is more of a teaching based upon the present and past. Being more in the outside world than in the classroom would make a student more universally aware, and maybe have more common sense, but not as truer book smarts. This question raises another idea of which student would be more effective, one who spends all their time in the classroom, or one who is working out in the work field? Should we even be going to school, or should we all just study all that is around us to be more educated. This is a question, which may never be answered, but according to a realist, the answer lies in the real world. For in the real world you can learn anything, more than you ever could in a classroom. In discussing Aristotles ethical theory, I found that he saw virtue as the excellence of an object and that the object will perform its function effectively. He also talked of the two types that people are classified into. Morally virtuous people base their life on finding the golden mean. Aristotle argues how the good life is a life of happiness and that everyone is aiming for that. Happiness, explained by Aristotle, is the chief good desirable to everyone. Excellence of character is achieved when someone has taken part in the good life and is truly happy. It was shown how all of these aspects are interrelated with each other in the sense that they all need each other to discuss a theory. Also, his realist point of view ties in to what the real world experience has to offer. Yes, ethics should be taught in class, but the outside world can not be ignored. Realism is a fundamental aspect to teaching and to a students life whether able to be noticed or not. Aristotle talked of many thi ngs that people have and will continue to discuss for years to come. Work Cited Aristotle (384-322 BCE): General Introduction. 2006. The Internet Encyclopedia of Philosophy. May 1st 2007 . Aristotle 384 BC 322 BC. February 1999. JOC/EFR. May 1st 2007 Aristotle (384-322 B.C.E.). 1994-2007. Regents of the University of California. May 1st 2007 Ross, David. Aristotle. New York: Routledge, 1996. Lear, Johnathan. Aristotle: the desire to understand. The Pitt Building, Trumpington Street, Cambrige, United Kingdom: The Press Syndicate of the University of Cambridge, 1999.
Friday, October 25, 2019
George Washington :: essays research papers
George Washington was commander in chief of the Continental army during the American Revolution and first president of the United States (1789-97). Early Life and Career. Born in Westmoreland County, Va., on Feb. 22, 1732, George Washington was the eldest son of Augustine Washington and his second wife, Mary Ball Washington, who were prosperous Virginia gentry of English descent. George spent his early years on the family estate on Pope's Creek along the Potomac River. His early education included the study of such subjects as mathematics, surveying, the classics, and "rules of civility." His father died in 1743, and soon thereafter George went to live with his half brother Lawrence at Mount Vernon, Lawrence's plantation on the Potomac. Lawrence, who became something of a substitute father for his brother, had married into the Fairfax family, prominent and influential Virginians who helped launch George's career. An early ambition to go to sea had been effectively discouraged by George's mother; instead, he turned to surveying, securing (1748) an appointment to survey Lord Fairfax's lands in the Shenandoah Valley. He helped lay out the Virgi nia town of Belhaven (now Alexandria) in 1749 and was appointed surveyor for Culpeper County. George accompanied his brother to Barbados in an effort to cure Lawrence of tuberculosis, but Lawrence died in 1752, soon after the brothers returned. George ultimately inherited the Mount Vernon estate. By 1753 the growing rivalry between the British and French over control of the Ohio Valley, soon to erupt into the French and Indian War (1754-63), created new opportunities for the ambitious young Washington. He first gained public notice when, as adjutant of one of Virginia's four military districts, he was dispatched (October 1753) by Gov. Robert Dinwiddie on a fruitless mission to warn the French commander at Fort Le Boeuf against further encroachment on territory claimed by Britain. Washington's diary account of the dangers and difficulties of his journey, published at Williamsburg on his return, may have helped win him his ensuing promotion to lieutenant colonel. Although only 22 years of age and lacking experience, he learned quickly, meeting the problems of recruitment, supply, and desertions with a combination of brashness and native ability that earned him the respect of his superiors. French and Indian War. In April 1754, on his way to establish a post at the Forks of the Ohio (the current site of Pittsburgh), Washington learned that the French had already erected a fort there.
Thursday, October 24, 2019
Wuthering Heights Movie and Book Comparison Paper
Each reader has conjured up their own special portrayal of the imagery and character evictions provided, with every scene of the dark, emotional novel engraved In their brain. The very Idea of attempting to make a film adaptation of the powerful scenery and copious descriptions seems unsettling. However, a brave British actress, director and screenplay writer, Andrea Arnold endeavored to meet this challenge In 2011 with her dramatic romance, Withering Heights. According to IM Db. Err adaptation of this film received a decent amount of praise and nominated for ââ¬Å"Bronze Horseâ⬠at the Stockholm Film Festival and ââ¬Å"Golden Lionâ⬠at the Venice Film Festival (ââ¬Å"Andreaâ⬠). I contend that Arnold effectively uses specific film techniques while maintaining important elements of the novel and decisively excluding others to portray the basic themes of the original masterpiece by Bronze. In the scene following Heathenishly arrival at Withering Heights, the director employs a purposeful use of setting to express major themes of the novel.This scene addresses the first day Catherine and Heathenish spend a significant amount of time with each other. Catherine invites Heathenish on a horseback ride throughout the countryside. Catherine then proceeds to take Hateful up onto a giant rock, where they both lay, looking out on the vast rocky terrain. The setting used here by the director Is an open, broad and empty countryside that they ride across on horseback and then revel in its beauty later on the top of the rock. In Rampage, Bean and Johnny's book they state that ââ¬Å"an image might soothe us or repel us; it might evoke our sympathies, trigger our fearsâ⬠¦ (246). The imagery conveyed during this scene illustrates the importance of the effect of setting on the audience. The visualization revived by Arnold help to further our emotions about these characters, giving us a realization of their loneliness and separation from their environment. Th e audience can then sympathize with these forlorn characters while also recognizing the alluring beauty of their desolate surroundings. This setting portrays a sense of isolation and one of dazzling mystery; both ever present themes throughout the novel and the movie.In the scene nearing and during Catering's death, Arnold effectively uses the camera angle and a contrasting tone to display the devastating effects of Catherine Catherine after he hears that she has fallen ill. When Heathenish arrives, the tension between the two crackles with anger and Jealousy, however after Heathenish threatens to storm off, Catherine begs him to stay and they embrace. The angle used during their tight embrace of one another focuses on Catering's hands, highlighting her wedding ring.The director uses this angle to show that although Catherine may be legally bound to Edgar by her wedding ring, she is bound to Heathenish through love. The director also uses two very contrasting tones in this scene, on e of reconciliation, et one of regret. The tone of reconciliation is portrayed when Heathenish and Catherine finally embrace, no longer relishing in their own pride, but openly expressing their love for one another. However, a tone of regret is conveyed as they realize the consequences of their choices to marry other people.This is especially evident in Heathenish, who, by his abandonment of Catherine has caused her to fall ill, and she dies in his arms after their embrace. The director chose to utilize these contrasting tones in this particular scene because it follows the main themes of the evolve; the unbreakable love between Catherine and Heathenish but also the remorse felt for the effects of their actions. The closing scene of Withering Heights applies a significant use of symbolism and proper music. This scene shows a depressed Heathenish trudging out onto the foggy moors when a feather suddenly falls from a bird and drifts down from the sky.The symbolism of feathers througho ut the movie portrays the love between Heathenish and Catherine, evoking memories from their childhood when they would rub feathers on each other's faces. The reason the director would have concluded with such homeboys would be to convey the fact that although Catherine has died, an undying love persists between her and Heathenish. This final scene also employs the use of music, which was not done in any other scene in the movie. The song, ââ¬Å"The Enemy' by Uniform and Sons, plays in the background while Heathenish reflects upon a particular memory of him and Catherine lying in the mud wrestling.The director employed this song due to its powerful lyrics such as ââ¬Å"tell me not of heartbreak, it plagues my soulâ⬠and ââ¬Å"bury me beside you, I have no hope, in solitudeâ⬠to reflect pond the main theme of a destructive, yet unchanging love. Mainly evident in its love triangle, significant places and death of Catherine, the movie remains true to the book in a number o f ways. Throughout the book Catherine and Heathenish have this noticeably deeper connection from the moment they meet.Even though their relationship is halted when Edgar marries Catherine, an ever- present sense of a strong love between the two remains. The movie excellently portrays this love triangle when Catherine confesses her deeper love for Heathenish although she knows she will end up marrying Edgar. The film, like the novel, displays their love as still remaining strong to keep the interest and hope of the audience that Catherine and Heathenish will one day be together. The movie also places emphasis on the two significant houses ââ¬â Withering Heights and Treacherous Grange.In the novel and the film Withering Heights, where Heathenish and Catherine grow up represents passion, emotions and instability whereas Treacherous Grange, where Linton resides symbolizes stability and peacefulness. Their depictions emphasize their representations, with Withering Heights shown as di rty, rugged, dark and mysterious ND filled with elegant furniture. Arnold accentuated the significance of each place like the book because it represents one of the main themes of the passion and strength of Heathenish and Catherine in Withering Heights and the passivity of Edgar in Treacherous Grange.The movie also shows a significant event, Catering's death, happen in the same way as it did in the book. In both stories, Catherine dies while in an embrace with Heathenish. The reasoning for the director maintaining the way she died would be to highlight the overall significance of Heathenish and Catering's allegations, and the suffering it brought to Catherine, both consistent themes throughout the novel. While one could easily count a host of minor differences between the book and the film adaptation, the complete lack of the second half of the novel separates the film from its book.While the first half the novel focuses on Catherine, Heathenish and Edgar, after Catering's death Bro nze shifts the interest of the book upon their children, recognized as younger Catherine, Hearten and Linton. The film adaptation, however, does not even address this second generation of characters or their legislations. While at first this may seem like an ignorant choice, the decision to concentrate on the first generation of characters by Arnold does serve to benefit the film by staying within a reasonable time frame while maintaining an accurate depiction of the first generation.The film effectively utilizes the time allotted to a normal two hour movie. Without removing these secondary characters from the film adaptation, the movie would simply take too much time to watch. Hypothetically, if the director would have included these characters, the relationships and character oratory's would very likely remain ââ¬Å"flatâ⬠or unsubstantial in an attempt to cram all the elements of the book into the movie.With an ample amount of significant characters in the novel, the exclus ion of the second generation helps to depict the first generation of characters more accurately, emphasizing special aspects of their relationships in proper accordance with the book. The director of Withering Heights, Andrea Arnold highlights the main themes presented in the book by Emily Bronze by her cinematic techniques and her inclusion and exclusion of specific events and scenes. She effectively utilizes specific settings, angles, tones, symbolism and music to emphasize certain elements like the descriptions in the novel.
Wednesday, October 23, 2019
Nortel Case Report Essay
The company also used to be affiliated with AT&T/Western Electric until Western was forced to sell its stake in 1949. In 1976, the company changed its name from Northern Electric to Northern Telecom Limited, and shifted its concentration on digital technology. In 1977, Nortel introduced its DMS line of digital central office telephone switches. Nortel ended its long relationship with AT&T in 1984, a year after deregulation named. Bell Canada Enterprises the parent company to Northern Telecom. In 1998, the company acquired Bay Networks and changed its name to Nortel Networks. In the late 90ââ¬â¢s, Nortelââ¬â¢s sales of fiber optic network gear was predicted to help their sales, but the market became saturated very quickly. At the height of Nortelââ¬â¢s first 100 years the company amassed for more than a third of the total valuation of all companies listed on the Toronto Stock Exchange (TSX), but once the Internet bubble passed, the company fell into ethical debacle. Nortel Networks Corporation, or formally known as Northern Telecom Limited was one of the largest telecommunications equipment companies in the world prior to its filing for bankruptcy protection on January 14th, 2009. During times of functionality, they specialized in multinational telecommunications equipment manufacturing. The company is based in Canada out of Mississiauga, Ontario, Canada. Their biggest rival always was Global System Mobile (GSM). Through the early 1990s, the company invested heavily in Code Division Multiple Access (CDMA) in attempt to grow in European and Asian markets. This did not pan out so well as Nortelââ¬â¢s losses amounted to $27. 3 billion by 2001ââ¬âcausing them to lay off two-thirds of the workforce. From 2000 through 2003 there was a period of fiscal irresponsibility resulting from the work of the companyââ¬â¢s administrators. Initially in 2000, they falsified their fourth-quarter earnings by $1 billion to meet market expectations and selectively reversing certain revenue entries. In 2002, administrators discovered $300 million in excess reserves being carried over and swept it under the rug for future benefit in addition to establishing another $151 million in unnecessary reserves. In 2003, administrators directed the release of at least $490 million of excess reserves to boost earning, fabricate profits, and pay bonuses. Losses turned to profits during this year thanks to the shifty methods taking place. Later in that year, administrators mislead investors as to why Nortel was conducting a purportedly ââ¬Å"comprehensive reviewâ⬠of its assetsââ¬âattributed by restatement $948 million in liabilities. They said restatement was caused solely by internal control mistakes instead of the truth that there was intentional improper handling of reserves which needed to remain hidden. 2 On October 23rd, 2003, the company announced that Nortel would restate its financials for fiscal years 2000, 2001, and 2002. Shortly after this restatement, the major players of Nortelââ¬â¢s administration that were responsible for all of this were exposed through an independent investigation. In March 2004, The CFO and controller were suspended, in addition to the announcement of further restatements and revisions; they were terminated a month later in April 2004. A restatement in early 2005 showed approximately $3. 4 billion in misstated revenues and another $746 in liabilities. In late 2005, Nortel admitted that restatements were the result of management fraudââ¬âbeginning the downturn of their stock. The company ended up restating financials four times over four years, replacing senior management, and instituting a comprehensives remediation program designed to ensure proper accounting and reporting practices. Eventually on October 15th, 2007, Nortel agreed to settle by paying a $35 million civil penalty and admitting to violations of the antifraud, reporting, books and records, and internal control provisions of the federal securities laws. 2 On June 25th, 2009, Nortelââ¬â¢s price dropped to 18. 5 cents a share down from a high of $124. 0 in 2000. The company decided that month that they would discontinue operations and sell off all of its business units. Nortelââ¬â¢s CDMA wireless business and LTE access technology were sold to Ericsson, and Avaya purchased Nortels Enterprise business unit. Major Players in the Scandal: The major players in this scandal were the four members of the senior management: CEO Frank Dunn, CFO Douglas Beatty, controller Michael Gollogly, and ass istant controller Maryanne Pahapill. CEO Frank Dunn, who is also a certified management accountant. Dunn was mainly involved in the improper use of reserves from 2000 to 2003. CFO Douglas Beatty, controller Michael Gollogly, and assistant controller Maryanne Pahapill were also involved in this management fraud. 2 The Royal Canadian Mounted Police in Toronto arrested ex-CEO Frank Dunn, ex-CFO Douglas Beatty, and former corporate controller Michael Gollogly on seven counts of fraud. Including charges ââ¬Å"fraud affecting public market; falsification of books and documents; false prospectus, pertaining to allegations of criminal activity within Nortel Networks during 2002 and 2003. Magnitude of the financial issue: Nortel at its peak was one of the best companies that Canada had ever seen. Just like ENRON and other financial frauds at the time, Nortel appeared to be a shining example of success in the corporate world. Again like ENRON, Nortel grew through a strategy of aggressive expansion and purchasing of smaller companies in order to create a massive conglomerate. During the good times Nortel was the largest technology company and the most valuable company in Canada. Nortel accounted for over one third of the entire aluation of the Toronto Stock Exchange. The Toronto Stock Exchange is the Canadian equivalent of the New York Stock Exchange and holds the most influential stock market in Canada. Nortel employed about 95,000 employees worldwide. About 26,000 of those workers based in Canada alone. Nortel at one point had a market capitalization of almost C$400 billion. Nortel had set up pensions and healthcare protection for its employees. All of these were lost to either the restructuring under Frank Dunne which left about 60,000 employees without jobs or the bankruptcy that followed in 2009. Canadian government officials and regulators identified how destructive a full failure of Nortel would be on the Canadian economy. The Canadian government through the Export Development Canada project tried to lend money to the falling giant. However the Canadian government could not cover all of Nortelââ¬â¢s debt obligations. Nortel owed about $107 million and the EDC (Export Development Canada) could only supply about $30 million in short term loans. This $107 million interest payment accounted for about 4% of Nortelââ¬â¢s cash and put the company into bankruptcy. The world financial crisis of 2008 had put too much strain on Nortel and they were forced to begin liquidation. Public auditor: The auditors involved with this case were Deloitte and Touche. In documents from the fraud case, which is still being heard by the Royal court in Canada, Deloitte claims that they were not given proper documentation by Nortel. Deloitte claims that they did not have pertinent information which should have been provided by administrators at Nortel. Deloitte raised concerns to the audit board of Nortel in 2003 when Nortel turned a profit after Frank Dunneââ¬â¢s restructuring of the company. Deloitte raised awareness of potential fraud and did their duty in that respect. However further investigation conducted has implicated Deloitte in the financial reporting irregularities in Nortel which some have claimed dates back to the time of CEO Roth who held office before Dunne. Information coming out of the case states that even if transactions were deemed suspicious, they still signed off on the verity of the financial reports. Frank Dunne and some of his officers are now charged with fraud by both the SEC and the OSC which regulate the American and Canadian markets respectively. The case is currently still under review in the Royal court of Canada and civil charges have been brought in the United States. Fraud Triangle Nortel had experienced tremendous growth throughout the 1990s, allowing it to expand operations worldwide. Nortelââ¬â¢s expansion came during the telecommunication and technology bubble of the 1990s that inflated stock prices of companies in those sectors. Frank Dunn had taken over for the previous CEO, John Roth, in November 2001 during the telecommunication bubble bust. Dunn felt pressured to maintain the high stock price because it accounted for over one third of Nortelââ¬â¢s value2. Nortel management was also incentivized to post profits that produced executive bonuses with over $7. 8million going to Dunn alone. The primary members of the Nortel fraud were able to commit the fraud because, as executive officers and controllers, they were able to go around the internal controls of the company. That allowed them to implement many accounting practices that did not comply with GAAP. Nortel managementââ¬â¢s rationalization for these fraudulent practices must have been that they needed to maintain the high stock price in order for the company to continue operating. Moral Breach and Ethical Issues As a publicly traded company, Nortel had the responsibility of fairly reporting the companyââ¬â¢s true financial data to stockholders and potential investors. Dunn, Beatty, Gollogly and Pahapill breached this responsibility by establishing earnings management accounting strategies to manipulate Nortelââ¬â¢s revenues. Nortel management also actively sought to inflate earnings to trigger very large bonuses for key members of management. Perhaps, if these incentives did not exist then there would be less motivation to commit the fraud. Finally, Nortelââ¬â¢s auditor for over a century, Deloitte and Touche, has come under scrutiny by the defense lawyers in Dunn, Gollogly and Beattyââ¬â¢s civil trial in Canada this year. The defense claims that Deloitte approved of all major accounting adjustments that Dunn and his team had engaged in. Summary of Legal Actions On April 28th, 2004, Dunn and his fraud partners were fired for financial mismanagement2. On March 12th, 2007 the SEC filed civil charges against Dunn, Beatty, Gollogly and Pahapill for repeatedly engaging in accounting fraud to bridge gaps between Nortelââ¬â¢s true performance, its internal targets, and market expectations. Dunn and Beatty were charged with violating the officer certification agreement that was established by the Sarbanes-Oxley Act. Nortel settled with SEC on October 15, 2007 by consenting to be prescribed from violating the antifraud, reporting, books and records, and internal control provisions of the federal securities laws. Nortel paid $35million to the SEC, and $1million to the Ontario Securities Commission to establish a Fair Fund for affected shareholders. Finally, Canadian authorities arrested and charge Dunn, Beatty and Gollogly with seven counts of fraud. Their trial began on January 16th, 2012. Current Status: Nortel, once known as the largest telecommunications manufacturer in the world, filed for bankruptcy in 2009. Now three years later, the period of bankruptcy continues as the company discloses their every operating report highlighting each cash receipt and disbursement. When Nortel went bankrupt, executives believed that selling all business assets would be the best and easiest way to fight debt. Recently, Nortel has netted $7. 7 billion from selling its patents and businesses. As stated on their website, ââ¬Å"Nortel remains focused on maximizing value for its stakeholders, including the sale of its remaining assets, resolution of claims, the wind-down of its global operations and entities, resolution of allocation matters with respect to the sale proceeds, and other significant restructuring activities toward the conclusion of the creditor protection proceedings. â⬠The case for Nortel executives Dunn (ex CEO), Beatty (ex CFO) and Gollogy (ex controller), who were charged with fraud for affecting the public market and falsifying books and documents to earn larger bonuses, is still in trial. In February, a former Vice President of Nortel testified in court against executives stating that they had asked him to use questionable accounting methods to manipulate the companyââ¬â¢s earnings. Although those who committed the crime have been charged, thousands of employees will still be left without pension plans and jobs. Nortel has spent over $20 million on retirement package these past two year, but unfortunately the company will stop the pension plan and disability program payments as it continues to sell away its businesses. By the end of 2011, Nortel was split into regional entities ââ¬â Nortel Networks Limited in Canada and Nortel Networks Inc in the United States, causing disagreements over how to split $7. 5 billion that was earned by selling many assets and patents other corporations such as Apple and Microsoft Corp. The following charts, graphs and financial statements analyze Nortelââ¬â¢s current status. Case Study Questions and Solutions: 1. Dunn is a certified management accountant. Based on the facts of the case, which provisions of the IMAââ¬â¢s Statement of Ethical Professional Practice that was discussed in chapter 1 have been violated? Dunn violates many of the provisions of the IMAââ¬â¢s statement of Ethical Professional Practice they are as follows: 1. Perform professional duties in accordance with law, regulations and technical standards. 2. Provide decision information that is accurate, clear, concise and timely 3. Retain from engaging in any conduct that would prejudice carrying out any duties ethically. 4. Abstain from engaging in or supporting any activity that might discredit the profession. 5. Communicate information fairly and objectively. 6. Disclose all relevant information, that could reasonably be expected to influence an intended users understanding of the reports analyses or recommendations. 7. Disclose delays or deficiencies in information timeliness processing or internal controls in conformance with organization policy and/or applicable law. He violated these by selective reversal of revenue entries in 2000. Followed by concealing the reserves in 2002, which violated GAAP, and then avoided posting a profit so the company wouldnââ¬â¢t have to pay out bonuses. In 2003 Dunn released the reserves to falsely report a profit, which allowed them to eports a profit a quarter earlier than expected, and to pay out more bonuses to senior management. Also in 2003 he misled the investors about why Nortel had restated its financials in order to avoid uncovering the unethical management techniques him and his team had been using. All of these actions take away Dunnââ¬â¢s integrity and credibility in the field of manageria l accounting, which are two of the standards the IMA sets out. Dunn failed to meet his professional code of conduct and his company suffered because of it. 2. What are the responsibilities of an auditor to detect fraud? How were those responsibilities compromised by the actions of Nortelââ¬â¢s management? It is the auditors responsibility to report fraud if they find it, however in this case the actions of Nortelââ¬â¢s management made it difficult for the auditors to do their job. The false financial statements and hiding of money veiled the problems of the company from the auditors. Once there was a hint of the fraud the auditors found it and perused the trail, taking the ethical route and also following the code of conduct. It was their investigation that brought down the fraudulent executives and forced the company to restate its financials properly. This would eventually lead to the failure of Nortel. Nortel made materially false and misleading statements and omissions in connection with the quarterly reviews and materially misstated annual audits of financial statements. This caused the auditors to not be able to properly do their job, and review the statements. 3. Describe the incentives that created pressure on Nortel to manage earnings. Considering the role of Nortelââ¬â¢s management in this regard, discuss whether it met its corporate governance obligations as discussed in previous chapters. The incentives that drove Nortel to manage its earning where greed of the management team, the pressure to deliver bonuses, the pressure to survive an economic downturn, and the pressure to make the company seem like a good investment to both current and potential investors. In an economic climate of intense competition and corporate greed the management at Nortel fell victim to their vices and allowed the pressure to perform to overwhelm their priorities. This caused them to put their own greed and personal ambition before the well being of the company. Nortel did not meet its corporate governance obligations. It did not follow any internal rules of how to run the business. It ignored any corporate ethics they might have. It lied to stakeholders several times by misstating the financials. They did not follow the professional code of conduct of their careers and also did not follow industry standards. They broke the law. No one inside the company caught the fraud therefore their internal controls where not effective. Each of these immoral acts is a case where corporate governance has failed. 4. The final quote in the case characterizes Nortelââ¬â¢s failure as ââ¬Å"just another casualty of capitalism. Do you agree with this statement? Why or why not? How would you characterize the cause of the failure at Nortel? I would argue that Nortel is not just another casualty of capitalism. Nortel did not function in a system of free market capitalism where the government had absolutely no regulation and let the markets function however they wanted. The capitalism system of North America is more of a mixed economy, which combines public and private ownership of companies, and also provides government regulation and intervention to prevent and deal with fraud. Even in a free market the system is meant to come to an equal balance of supply and demand, which cannot be reached if there is fraud involved since the supply has been inaccurately disclosed by the senior management at Nortel. I would characterize this failure as one of humanity. It was not the economic system that allowed this fraud to take place, but the greed of the people and a social environment that ties success so strongly to wealth. It was the social pressure and the effect of human nature that led to Nortelââ¬â¢s demise. . The case discusses how Nortelââ¬â¢s managers prioritized themselves over the shareholders, which, in part, lead to the companyââ¬â¢s failure. What should be a companyââ¬â¢s first priority? A companyââ¬â¢s first priority should be following their code of ethics. The second priority should be the shareholders, followed by the management and other employees. This hierarchy ensures that all the business that is done with be both moral and legal , meaning there is no room to commit fraud and damage the company. In this way you are putting the shareholders first, because by providing a stable and healthy company the shareholders will see an investment that will be able to reach its highest potential. 6. Was Nortelââ¬â¢s settlement a fair penalty? Should the SEC have imposed harsher or more lenient sanctions? Should these sanctions have been on the managers, on Nortel as a whole, or both? A fair settlement would offer compensation to all those who were hurt by this fraud. Groups that may have been hurt could be shareholders, employees and customers. Deciding what is a fair compensation is a little more difficult, however as much of what these people lost as possible should be returned to them. As for the managers who created the problems and took part in the fraud should face a sentence of termination from their company, loss of license (if applicable) and jail time. The company and the individual managers have both failed stakeholders and should both be held accountable. In the case of Nortel specifically the stockholder settlement goes with these guidelines, as for the managers their trial is still ongoing and therefore no sentenced has been given to them yet.
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