Thursday, October 31, 2019
Brilliance in the Basics of Leadership Essay Example | Topics and Well Written Essays - 1000 words
Brilliance in the Basics of Leadership - Essay Example For instance, leadership demands that the leaders, before practicing their decisions, discuss them with parties which are going to be affected by their decisions, so as to make them feel respected. The substantive aspect of leadership includes knowledge, tough standards and guts to pursue directions regardless of opposition. Brown, Travino and Harrison (2005) assert that ââ¬Å"leadership predicts outcomes such as perceived effectiveness of leaders, followersââ¬â¢ job satisfaction and dedication, and their willingness to report problems to managementâ⬠. Hence, if the leadership is thriving, capable and bright, then the outcome is more prolific than anticipated. What does it mean to me? This explanation of the concept of leadership itself explains why the brilliance in the basics of leadership is important to me or any other person who wants to see his/her organization flourishing. I believe that the accomplishment of an organization depends mainly on value-based actions and d ecisions. A good leader takes care of his employees so as to preserve a vigorous environment within the organization. Some basics in this aspect are that the leader verifies that the salaries are being paid in time, pursues a system of rewards and bonuses, listens to the employeesââ¬â¢ troubles and tries to remove them. ... He knows that he has to abide by the rules and regulations he has agreed upon while signing a contract and will never back off. Brilliance in these basics adds to the progress of the organization. I also believe in the fact that brilliance in the basics of leadership makes the newcomers follow the way the leaders work and behave in the organization. A good leader will always show such an attitude at the workplace that inspires others to follow his directions. Also, the ultimate goal of the leadership is to create such teams that work effectively to produce greater results. The most important thing is consideration about internal and external communication. When a leader wants that employees participate in a vigorous collaborative environment where they interrelate with each other in a better way to share their ideas and information, he takes steps to improve his communication with the workers, listen to their problems, talk to them and work out their issues. Workers will automaticall y start following him and the overall organizational culture will improve. This is the transformational leadership in which the leaders produce such an effect on their subordinates that they inflict a ââ¬Å"transforming effectâ⬠on them, thus, producing far-reaching changes in organizations. Now, let me discuss what other basics of leadership are important to me and why. Among substantive virtues of leadership, the following basics are very important. Values By understanding and polishing my basic values, I can develop a sense of moral duty of working for the betterment of myself and of the society. Voice This includes the practice of getting people acquainted with our inner beliefs, ideas and standards so that they get
Tuesday, October 29, 2019
Case Study (Son of Sam) Research Paper Example | Topics and Well Written Essays - 750 words
Case Study (Son of Sam) - Research Paper Example He felt rejected because of it and he eventually became a loner. He was not a particularly handsome man and he was larger than all of his peers in school which added to his feelings of being an outcast. He did not do very well in school or in other activities, but he was able to do well in baseball. As a child, he acted out aggressively towards others and many experts felt this was because he believed his mother died in childbirth. Berkowitzââ¬â¢s adopted mother died in 1967 of breast cancer which sent Berkowitz into extreme depression and anger. His father eventually re-married a woman who did not get along with David and the couple moved to Florida leaving the son behind (Montaldo). After his father left, he went into military service. While there he would have sex with a prostitute and receive a venereal disease; this was his only sexual experience, according to Montaldo. By this time, Berkowitz was having paranoid delusions and creating fantasies about his life. By Christmas Eve 1967, he would find his first victim in a 15 year old, Michelle Forman who actually survived the attack. After this attack, Berkowitz left the Bronx and moved to Yonkers where the Son of Sam was created. Berkowitz would later state that he received messages from his neighborââ¬â¢s dog named Sam to go and kill. Berkowitz was a loner and stayed away from people. He carried resentment and anger against women for rejecting him but he also had paranoid delusions. He also had obvious problems with women because they were his victims. He was shy and a loner which crated conflicts for him when approaching women (this is a supposition as to the reason why he began to kill women). Once he was in prison, he began to attend bible study and chapel services which brought him a set of friends. Binger (2011) states that he was able to transform his life once behind bars because of these services. Berkowitz began to have friends after his transition to
Sunday, October 27, 2019
Ideas And Themes In Writings English Literature Essay
Ideas And Themes In Writings English Literature Essay Writers use lots of literary techniques and features to support their ideas and themes in their writings.All those tehniques are design to manipulate and shape the readers perceptions.They position readers to respond to the writing in certain ways,either agreeing with or disputing those themes.Themes of allienation,nostalgia to love and loss are very often repeated in Literature.We can see this very clear in three short stories which I would like to write about , Erneast Hemingways Hills Like White Elephants,John Cheevers The Enormous Radio and Doriss Lessing To Room Nineteen.In first story Hemingway tells us about inabillity to communicate effectively in a relationhip.Main characters got a huge difficulty in articulating their feelings which makes them frustrated with each other.In The Enormous Radio we see themes such as addiction and loss of control,hidden secrets ans scandals and communication issues but they all lead to the main theme of this story which is loss of love.Last Dor is Lessing story themes are theme of allienation,identity issue and loss of sense of being.Main character of this story,Susan is portrayed as a prisoner of ideology driven by sociaty that women are expected to be gladly and willingly acepting their repression and bondage. Narrative point of viewe is one of the first techniques which has huge influence on meaning and tone of the story.All stories are written in the same a third person point of viewe but with a little difference between them.Erneast Hemingway wrote Hills Like White Elephants in third person point of view and objective which is limited to what characters say and do.He doesnt reveal their thoughts ang feelings,as a readers we need to guess that by interpreting the text.In Enormous Radio we see that narrator use the same third person point of viewe but its omniscient.He is able to describe not only each characterà ¢Ã ¢Ã¢â¬Å¡Ã ¬Ã ¢Ã¢â¬Å¾Ã ¢s actions but also their inside emotions,motives, and feelings.Sometimes narrator even takes subjective approach by describing one of the characters Irene as a self-centered women which is only concerned about how people viewe her and by describing Jim as a loyal and hard working man who tries very hard to give her and their children a comfortable life.In Doriss Lessings To Room Nineteen story starts from the third person narrative point of viewe only to shift later in a story to first person point of viewe.Lessing uses stream of concioussness techinque and interior monologue which creates the impression for the reader that he is almost eavesdropping on the flow of concious experience in characters mind.This give a reader an acces to thoughts,emotions and sensations experienced by a character. Varied details of setting and character has got a huge contributon to the maning of these short stories.Setting plays the biggest role in Hemingways story where even the title refers to symbolical importance of it.Jig,one of the characters of a story,by describing the hills that they look like white elephants refers to her pregnancy and the main issue of this story which is abortion.She describes the hills in the distance that they look like white elephants because American which she travells with,views the baby as an aproaching obstacle to their careless life.The rest of a setting also provides symbolism which express the tension and conflict between the couple.The train tracks going into two different directions,in between which couple sits at the train station might refer to couple being in the middle of making drastic decision. A couple is just like those tracks which run side by side but will never have a chance to meet. Different kind of land on both sides,on one green and fert ile and on the other dry and without trees also describes their different viewe and interpretation of the dilemma of pregnancy.In The Enormous Radio,the arrival of the new radio which changes its setting,going deeper in the house,moving from the door to the middle of the living room behind the couch because of its physical ugnliness it seems to be like agressive intruder,intruding Irenes life.By listening to the radio which picks up noises and conversations from the whole building she also starts intruding on other people lifes.This is how we start to see huge change in Irene and her relationship with Jim.She gets involved in people lives heard on the radio so much she soon became depressed and changes from a pleasant, rather plain woman to a woman who doubts who she is and doubts in her relationship with her husband.They both start to realise there is a tension in their marriage,that Irene has many dark,deep secrets which she has hidden very well all these years and which she feels guilty about.Setting its not so important in this story.Narrator is trying to concentrate only on the radio,voices and music coming out of it which plays huge role in a story by shaping atmosphere of a story and also changing mood of a main characters.The same we will see in Doris Lessings story where there is less description on setting but this minimalism have huge importance for the meaning.This minimalism gives the reader a sense of unfulfilled emptiness of a relationshp between Susan and Matthew and emptiness in Susans life which is described as a desert which shows her hopelessness and depressesion.Also the empty room nineteen which in she spends most of a time describes Susans need of allienation. Use of techniques such as irony,symbolism an understatement by wrtiers in those short stories has got a huge impact on themes.The most important in those stories is symbolism which is a use of symbols to represent or suggest other things or ideas.As said before in Hills Like White Elephants we can already see symbolism in the title of a story.Jig refers to the hills that they look like white elephants to talk about abortion which is the main theme of this story.A white elephant is a largely useless object that is expenssive to own and maitain which symbolise a unborn baby.The whole symbolism of a setting is important in many ways which I already had a chance to analyse earlier.The rail tracks could symbolise Jigs and Americans relationship and being in the middle of making an important decision.Two sides of a station described in a story has its own meaning,green can by a symbol of life, baby, a new beggining and dry side can represent death and abortion.Irony in this story mainly sh ows Jigs frustration towards the American and this is its main purpose.In conversation between them about licuorice and its familiar taste we can clearly see Jig is not only refering to a drink but also to their lifestyle which she is able to abandon at any point to settle down.I believe huge impact on the story has the last sentence spoken by Jig,when she tells the American she is fine.We can understand this sentence as an irony and that Jig will go through with the abortion because of her inability to communicate her feelings to the American wich leaves her frustrated and not being able to fight anymore.Also conversation between them,about such an important subject which is abortion,seems to be very simple,trivial and even pointless.The talk about good drinks and lovely hills is only a cover for a deadly argument.This tehnique used by Hemingway is called understatement.Again symbolism is used in Johns Cheever The Enormous Radio.It is mainly used to describe the hidden meaning of t he radio from the title.It symbolise an addiction and loss of control.Irene gets so obssesed with listening to her friends and neighbours on the radio that she is not even interested anymore in her relationships with other people in real life.She prefers to go home and eavsdropp on them through the radio.Radio also symbolise a hidden secret and scandal.When Irene start to doubts happiness of her marriege,all secrets are being revealed like theft and abortion, which she was hiding all these years.Radio is also used as an irony.It was purchased to bring joy and happiness to Irenes and Jims life but it only caused trouble between them revealing deep and dark secrets.In To the room nineteen again we can find symbolism in the title of a story.We see Susan as a woman who has been caught up in the web of the social roles in a community and she is trying to step out of this world into a world of her own making which is room nineteen.She is no longer a wife and mother in this room,she escape s her social role and she finally finds peace and freedom.We can see an irony in words describing Susan and Matthew as intelligent which is the very characteristic that is their downfall.Although they do everything sensibly in their minds, their repression of her as a woman is anything but intelligent.Also Lessing use repetition technique, using word intelligence fiftee times to make an irony even stronger. Dialogues,conversations between characters have also big impact on the meaning of those stories.Hemingway story is told in third person point of viewe and it doesnt tell us any facts about characters.This is why dialogue is important and we need to interpretate it to find out about attitudes oh the main characters towards each other.Their are able in this way to speak for themselve and we can also see through the tone and pattern of the dialogue,exsistence of a deep problem in their relationship.In The Enormous Radio dialog has the same purpose.We are able through dialogue to find out more about characters thoughts and feelings.We also in a dialogue see a tension between main characters,which bilds up towards the end of the story.In the To Room Nineteen Doris Lessing we can see through dialogues between Susan and Matthew the lack of communication in their married life.Lessing also use interior monologue to stress the meaning of the story.Through Susans interior monologue we can see h er helplensness and emptiness of her marriage life. All those strories got their own specific structure which has an impact on the mood and atmosphere of these stories.In Hemingways Hills Like White Elephants setting frames the story,it plays a crucial role in determining the atmosphere in his work. The choice of a setting and objects supports the sytuation and develops the story conflict.Also dialogues are holding the story together,they tell us about the main theme of a story.In The Enormous Radio music frames the story, creates the mood and reveals the emotional transition of the characters.In To Room Nineteen Doris Lessing is using more literary techniques in her writing to support the meaning. Narrator by changing the tone of language creates a mood.At the beggining of a writing words are longer which makes reading slower and creates very peacfull effect.But than towards the end of a story narrator is trying to create tension in a story and starts using shorter words which makes our reading much quicker.Also stream of conciousnes s technique adds dramatic effect to the story and without it writing would be very bland. I have really enjoyed reading short stories,especially those three which I have chosen for this evaluation and analysis.Mainly I believe so because of female issues in sociaty presented in those stories.Earnest Hemingways Hills Like White Elephants is deffinitelly my favourite.It is very interesting that narrator doesnt reveal any informations about characters,what they think and feel.To find out we need to interpretate the text,in this case dialogue between them.Through reading the story I felt like sitting next to the couple,eavsdropping on their conversation.Because there is a huge communication issue between them and they are unable to reveal their true feelings again it is left to the reader to analyse what characters are really thinking.It also intrigued me how story shows a contrast between male and female viewe on relationsips.When abortion for Jig,killing their unborn baby is a huge decision for her,for American is only a simple operation letting the air in.He doesnt identif y himself with the baby which is an obstacle for him and his careless lifestale. I also found The Enormous Radio very interesting to read.I think John Cheever through this story again proved the fact how communicating issues between people might affect their relationship.Irenes secrets and scandals creates tension between their marriage and they lead to loss of trust and love between them.The structure of a story has also catched my attention.I found it very interesting that music was creating the mood in the story and that music was revealing the emotional transition of the characters.In To Room Nineteen I was hugle intrested in Lessings attitude towards female repression, alienation and escape which is all exposed in this story.She tries to explain how social, cultural, and ethic diversions,how they all limit women perspectives and experiences and their intellectual, spiritual, and emotional freedom.By indroducing us to the main character Susan,which entire exsistence was like pri son,she tells us that this allienation might even result in mental breakdown.Short stories are very quick and enjoyable reading but still they have a huge depth and important message hidden in them.I would deffinitely recomend to others short stories which I had a chance to read and I will also continue to expand my experience as a reader.
Friday, October 25, 2019
Policing Worldwide Essay -- Law Enforcement Police
Policing Worldwide The world of policing is one of constant change. As far back as the early days of Peelian police philosophy the missions and goals of police departments have constantly been altered. In our diverse communities and cites worldwide we see police departments engaged in very different forms of policing. Even across the many jurisdictions that operate within our nation we see departments that run at the very opposite ends of the policing spectrum, with some acing in extreme public service roles and others involved in aggressive crime fighting ideologies. These different approaches are all based of what the police identifies as the needs of the community. As constant research is conducted in the field of policing, departments adopt new policies and programs. As new technologies arise they too are incorporated into law enforcement. à à à à à The New York City Police Department like any other department in the world is constantly changing and adapting its policies to conform to that of new technologies and trends in law enforcement. One of these policies that has been put into use in recent years has been that of a community policing initiative. Finding its roots in police-community relations policies of the 50ââ¬â¢s and 60ââ¬â¢s, community policing is a philosophy that seeks to form a partnership between the police and the community. Through this bond the community can fully identify its needs and work together with the police to battle crime as well as many other services that do not fall within the traditional roles of policing. All of this is aimed at taking a proactive approach to crime. Its basis is simply trying to work with the community to identify its problems and fixing them before they escalate or lead to crime. Community policing is far different than any other philosophy seen in pol icing. à à à à à Although throughout history, ââ¬Å"there have been sporadic variations in the underpinnings of American law enforcement, its substantively has remained a legal-bureaucratic organization focusing on professional law enforcement (Gaines and Kappeler, 2003 p. 476)â⬠. This legal-bureaucratic set up of the American police department has it as an agency concerned with statistic and numbers. The outputs of policing that include number of arrests, volume of recovered property, number of citations issued, response times and the other stats of policing play a more i... ...mmander is then praised for his success in lower crime. However, I feel that this alienates the police from a community. If the police implement aggressive tactic in an area, the public often perceives this in almost a military sweep. The cops are seen as the bad guys that only come in to arrest the criminals and then go on their way to other high crime areas. If CompStat identified the high crime areas and then used community policing tactics to permanently rid the underlying problems of crime in thatà à à à à However the hierarchy of the New York City Police Department chooses to deal with these two new tactics in policing will change the course of our city. I feel that while both valuable tactics, the NYPD should stress its role in community policing. If the police continue to adopt aggressive styles of policing and continue to alienate themselves from the community, they might find themselves being hated by the city they protect. I think that CompStat has been a val uable tool for New York to lower its crime rate, however I think it fosters reactive and aggressive tactics. Unless it is changed or abandoned, the police will continue to widen the gap between themselves and the public.
Thursday, October 24, 2019
Ecosystem Management of the Laurentian Great Lakes
Management of the Laurent Great Lakes Common among models implemented in environmental management is the driver-pressure-state-response concept. This type of model uses Indicators to quantify and simplify changes occurring in natural systems. Changes in the environment, according to this model, all originate from human activity which exert pressure or stress on the system. This model attempts to solve environmental crisis by determining the human activity creating the problem and responding to change with environmental and economic policies.In the 1 9705, Environment Canada reposed a model similar to this called the state-pressure-response model, that would be used to mediate environmental issues emerging throughout the Laurent Great Lakes ecosystems. At this time, the Great Lakes faced a number of ecosystem threats stemming from the mismanagement of fisheries, Industry and farming both in Canada and in the united States. Decision makers determined that a state- pressure-response mod el would more efficient in tackling the sheer number of environmental issues faced at the time, as this type of model focuses on handling specific Issues already present.Although this model was useful In reducing pressures by enforcing stricter environmental policies, it fails to consider environmental change over time. It also fails to recognize the ecosystem as a whole as it targets each individual issue separately, giving no consideration as to how one Issue may be affecting or creating another. State-pressure-response models simply look at environmental Issues already present, there is no degree of attempting to prevent and control environmental stress.Disregarding the possibility of environment change, and ignoring basic ecosystem concepts, creates greater issues hat will only continue to grow as climate change and population growth add more stress to the lakes. Since the sass's, prevent-control models have proven to be more effective in eradicating and decreasing issues presen t in the environment. For this reason, although a state-pressure- response model was successful in diminishing major ecological concerns of the Laurent Great Lakes in the sass's, a more holistic, prevent-control model Is needed to respond to present and future ecological concerns.Current Great Lake environmental management strategies assume the lake ecosystems are static not dynamic. Over the past thirty years of management, this assumption has lead to ramifications which will only continue to worsen as climate change Is expected to pose new threats and changes to the environment. The degradation of wetlands in and around the Great Lakes is one of the ramifications of this assumption. Wetlands are the interface between terrestrial and aquatic ecosystems, therefore, management strategies must acknowledge environmental changes occurring In both ecosystems.Since the 1 9705, the Increase In alarm temperature, frequency and duration of water level changes, and the increase of inconsidera tion (Mortars, 2004). Without standardized analytical monitoring of environmental change, issues within Great Lake wetlands with only continue to emerge (Environment Canada Report, 2005). Ignorance to dynamic ecosystem concepts have also lead to the increase of reconciling pesticides in some areas (Environment Canada Report, 2005).This reinforces the need for monitoring environmental change rather than focusing only on issues present during the time the model is put into action. Looking into the future, the state-pressure-response model, which assumes lunatic stationary, will render inadequate as new issues emerge from climate change and arbitration. If governments continue to use a state-pressure-response model for the management of the lakes, many environmental changes will go undocumented and untreated, see Figure 1 in Appendix (Macdonald, 2009).Numerous studies have predicted that climate change is expected to significantly decrease water levels in lakes and streams throughout N orth America (Michele, 2007). Decreasing water levels in the Great Lakes will increase their vulnerability to toxic contaminates (Valiant, 2008). It would be greatly beneficial for environmental management models to already begin taking into account and monitoring these changes to lessen the effects of climate change. Stricter environmental policies for industries and farming practices should already be in consideration to prevent environmental concerns in the future.The environmental regulations that will need to be enforced will require much thought as well, such as debates over using a cap and trade or other emissions cutback strategies to lessen industry emissions if is required. The sooner these issues are dealt with, the more equipped decision makers will be at solving future crises. Other future concerns pertaining to the increase of arbitration around the lakes, primarily Lake Ontario, will be another negative environmental factor needing monitoring and acknowledgement of ec osystem change.With arbitration it is expected that natural vegetation will be removed and replaced with impermeable concrete surfaces which allow water to flow directly into river channels, increasing sedimentation and pollutants in runoff (Foote, 1996). Sedimentation describes the process of depositing sediment or gravel. An increase in this process will have effects felt by the entire ecosystem. Domestic water supply will be contaminated and suspended sediment will have adverse effects on the growth of aquatic plant life as it decreases the light which is able to penetrate the water (UNESCO, 2011).Fish breeding grounds and feeding zones will also be effected by an increase in suspended sediment, thus threatening fish populations. Another issue with arbitration will be the swell in atmospheric contaminates from industries, and increase in carbon dioxide from transportation use (Science Daily, 2008). Both environmental concerns will need to be monitored and regulated if governments are o establish efficient and effective environmental management strategies for the future.Before arbitration and climate change present astronomical environmental issues, governments need to consider models which recognize the environment as being in a constant state of change which will encourage critical monitoring of the lakes. Another consideration is the use of a holistic model, quite unlike the model sass's, when management decisions were being made on the Great Lakes, State of the Great Lakes Conference (SOLES) developed an indicators utilizing framework to identify major concerns of the lakes at the time, see Figure 2 in Appendix (Mitchell, 2004).The issue with using indicators to indemnify environmental problems is that it ignores the complex relationships within the ecosystem. Earlier approaches to ecosystem management examined organisms in their ecosystem context, this was later altered to the study of an entire local system with all of its biochemistry (Mitchell, 2004) . SOLES has failed to adapt the new method of ecosystem management which better explains, what and why things are happening in the ecosystem. In the early sass's, excessive recreational boating activity and shipping on the lakes lead to the introduction of a handful of invasive species.The most ecologically harmful being invasive species Addressed polymorph (zebra mussels), which has eliminated the native clam population in Lake Ontario, see Figure 3 in Appendix (Griffith, 1991). Following the state-pressure-response model, it was identified that ballast water discharge from transoceanic vessels was a major contributor to this problem. However, it was not until later that scientists began to notice the effect of this population on that of the native clam (Olden, 2008).This proves that the disconnect of species to species interaction assumed in the model will only result in unpredicted, complex ecological concerns which arise at a later time (Height et al, 2006). It is clear that an essential tool for lake management, are models that describe in detail the lake ecosystem which studies both species and human interaction and species to species interaction. Typically with indicator utilizing frameworks, like that of the state-pressure- response model, environmental management efforts are enforced only when an issues present themselves as a larger problem.In lake ecosystems, the alteration of water quality due to pollution tends to have a multiplying effect, as toxic activity accumulates over time (Ultras, 2005). Since state-pressure-response models do not exist without indicators, it is only until there is a larger scale ecosystem consequence that environmental investigation is undertaken. Once investigation begins, indemnifying the pressure or effect creating an issue is complex, and thus, additional time is taken before any action is seen to mediate the problem.Essentially, this model waits for a problem to reach crisis portions before action is taken (Berger, 9 97). In some cases, environmental responses to human activity cannot be linked to specific stresses (Berger, 1997). This is especially true when targeting point and non- point source pollution. Point and non-point source are the categories which define the main types of pollution. The first being a single identifiable localized source and the second source generally unidentifiable, such as runoff from farmland.In some areas of Lake Ontario, there are hundreds of industries and farms bordering the shoreline. Their by-products (being emissions and runoff inputs to the system are official to identify, and it becomes impossible in some cases to then identify the cause (Berger, 1997). However, the purpose of the state-pressure-response model is to recognize the source and create environmental policies to control the problem. If the source is not found, this will not happen and the problem will continue to grow. Therefore, ecosystem management models need to achieve some degree of rather than unanswered problems.Prevent-control models are needed if current and future ecological concerns of the Great Lakes are to be handled intelligently and in a time appropriate manner. Over the past twenty years, there has been a nationwide use of prevent-control models, which operate quite differently than state-pressure-response models. Prevent-control models are aimed to reduce the amount of environmental issues that arise by diligent monitoring of systems and science inspired decision making. An excellent example of this type of model is the prevention of the spread of the southern pine beetle in western Canada.In some areas, a direct control and preventative management practice requiring the removal of tree stands, known as a cut and remove, have been used (Billings et al, 2007). Although this type of method squires quite accurate and risky decision making, the difference between this model and the state-pressure-response model is astronomical in terms of maintaining ecosystem integrity. The application of a prevent and control model has been used around the Great Lakes area in efforts of counteracting the spread of non-native species from the Great Lakes into other watersheds (Cook and Williamsburg, 2001).This model is known as an on-the-ground management, meaning that there is extensive monitoring at these water bodies. This type of management is dependent upon a detailed understanding of ecosystem dynamics. Scientists first determine if a site is viable for a colony to reach, and then examines it's possible success and impact potential. Thus far, this model have been successful in controlling the spread of the hundreds of non-native species from the Great Lakes into its neighboring water systems. This model can easily be adapted into the management of the Great Lakes.Although this type of model requires an extraordinary amount of effort from the scientific community, the expertise are already there and the environmental benefits would be well worth th e effort. Human pressure on the Great Lakes is quite extensive, ND a result, lake ecosystems are unable to operate in a self-sustaining manner due to the interference or changes that exceed their capacity for self-repair (Ultras, 2005). It is essential that models in effect prevent and control environmental issues of the Great Lake to ensure irreversible damage is avoided, even if this means more funding towards monitoring and scientific expertise.To mange present and future environmental concerns of the Great Lakes, decision makers must discard the old pressure-state-response model and replace it with a holistic, prevent-control model. These types of models encourage strategic, analytical monitoring that will solve many issues in the management of the Great Lakes faced today, with the current state-pressure-response method. Monitoring ensures the documentation of ecosystem changes which will be important in the future for determining climate change effects.
Wednesday, October 23, 2019
Negative Effects Of Fdi In Host Countries Economics Essay
In last decennaries the importance of Foreign Direct Investments ( FDI ) has increased significantly due to globalisation procedure, which offers immense chances for largely developing states to make faster economic growing through trade and investing. FDI assists foreign investors in using their assets and resources more expeditiously every bit good as host states in acquisition of better engineerings and acquiring involved in international production and trade webs ( Athukorala, 2003 ) . Developing states have started to see FDI as a beginning of economic development and modernization, income growing and employment. These states have liberalised their investing governments and followed other policies to pull more FDI. They have attempted to happen the ways of prosecuting those domestic policies that will let them to drive maximal benefits from transnational endeavor presence in the domestic economic system ( OECD, 2002 ) . The purpose of this survey is to analyse the impact of FDI on the economic system of host states. The first portion of the work will be addressed to the relationship between foreign investings and the economic growing of the host states. The survey will reply the inquiry why some states benefit from FDI more than other states, and what these authoritiess should recognize in order to maximise their benefits from the presence of foreign houses. The undermentioned parts will be devoted to more certain issues, such as positive and negative effects of FDI in the host states. Since there is a wide literature on the positive impacts of foreign investings, the chief focal point in this work is emphasized on the negative impacts. The survey shows that although MNEs bring many benefits to host states and the authoritiess are seeking to pull more and more investings, the negative effects of FDI in the economic system of host states should non be neglected. Any indifference to these issues may ensue in negative spillover effects, balance of payment shortages, double economic system, pollution and etc. Brief information about the negative impacts of FDI, particularly, Dutch Disease effects, on the economic system of Azerbaijan is besides given at the terminal of the survey in order to convey a practical illustration. This portion is besides provided with charts for more ocular description of the effects.FDI and Economic GrowthGlobal economic events of past decennaries driven by technological advancements, regional integrating and realignment of economic policies and systems have changed the perceptual experience of host state authoritiess of how FDI can lend to their economic and societal intents. They became more interested in the function of FDI in their states to understand its benefits and costs, and to uncover what should be done by national disposals to see that benefits of FDI influxs to their economic and societal demands will be maximized ( Dunning, 1995 ) .Theory on FDI and growing relationshipIn theory there are contradictory positions about the growing effects of FDI. T he chief principle behind the particular inducements to pull FDI is the belief that they produce outwardnesss in the signifier of engineering transportations and spillovers ( Carkovic and Levine, 2002 ) . Romer ( 1993 ) argues that FDI can ease the transportation of technological and concern know-how to less developed states and heighten the productiveness of all houses in the host state. However, some theories province that foreign investings will damage resource allotment and decelerate the economic growing due to merchandise, monetary value, fiscal and other deformations in less developed states ( Boyd and Smith, 1992 ) . Despite these contradictory theories, some theoretical accounts suggest that FDI will advance the economic development under peculiar policy conditions ( Carkovic and Levine, 2002 ) .Factors of FDI influenceThe extent to which the foreign investing can lend to the economic growing depends on a assortment of factors. One of them is the host state features, called ââ¬Å" absorbent capacity â⬠, ââ¬â a capableness of the host economic system to profit from technological spillovers from the more industrialised states and the ability to roll up and best utilize engineering and cognition ( Narula and Portelli, 2005 ) . The chief determiner of the ââ¬Å" absorbent capacity â⬠is the quality of establishments, peculiarly, the regulation of jurisprudence and the belongings rights protection. Trade openness, which is a step of the competition degree in the local state, besides positively influences the degree of FDI part to growing. States with more unfastened trade policy have less market deformations, high degree of efficiency and competition which enhance the spillover effects of FDI ( Balasubramanyam et al. , 1996 ) . A trial between FDI and end product growing in 24 states in 1971-1985 old ages conducted by Nair-Reichert and Weinhold ( 2001 ) besides reveals that the grade of state ââ¬Ës trade openness had a immense impact on the efficiency of FDI in the host state. The degree of technological edification and human capital stock in the host state is besides one of the chief factors of FDI impact on growing. It has been found that FDI raised the growing in those states that reached a minimal threshold degree of technological edification or the stock of human capital ( Borensztein et al. , 1998 ; Xu, 2000 ) The engineering spread between MNE and domestic houses in the host states is the chief property for the outgrowth of engineering spillovers. A high engineering spread along with a low competition reduces the spillover effects to the host state ( Kokko et al, 1996 ) . Other determiners include economic power, industry, type of FDI, and regional integrating, industry specialisation, market size, R & A ; D, geographical location, FDI policy of host state and etc ( OECD, 2002 ) .Maximization of FDI benefitsIn order to harvest the benefits of FDI authoritiess of host states need to implement some policies, such as betterments of the general macroeconomic and institutional models ; creative activity of a regulative environment that is contributing to FDI influxs ; and upgrading of substructure, engineering and human competencies to the degree where the full possible benefits of foreign corporate presence can be gained ( OECD, 2002 ) . International co-operation might help and reenforce the investment-related attempts of host states since the policy actions recommended above can non easy be pursued by authoritiess ââ¬â particularly by hapless states ââ¬â moving entirely ( OECD, 2002 ) . Foreign investors play a important function in engendering economic growing and lending to accomplishment of sustainable development ends. Consequently, the manner MNEs behave and are ruled is of import in maximization of the FDI benefits for economic development. Foreign affiliates must heighten engineering transportation, better human capital direction patterns, and supply transparence and competition. They should besides forbear from seeking freedoms from national environmental, labour and wellness criterions ( OECD, 2002 ) .Positive effects of FDITrade effectsFDI influences economic growing by increasing entire factor productiveness and the efficiency of resource usage in the host state. It increases the capital stock of the host state and therefore raises the end product degrees. The chief trade-related benefit of FDI is that it contributes to the integrating of host states into the planetary economic system by breeding and hiking foreign trade flows every bit good as the consti tution of multinational distribution webs. This, in bend, implies that host states will prosecute a policy of openness to international trade to profit from FDI ( OECD, 2002 ) .Human capital partFDI ââ¬Ës part to human capital in host states is important. MNEs addition workplaces, thereby cut down the unemployment in the host state. They normally provide higher rewards and working conditions due to their higher productiveness which is explained by greater technological know-how and modern direction accomplishments that enables them to vie efficaciously in foreign markets. The transportation of technological and managerial know-how through affiliates besides gives rise to direct benefits and increases fight in host states. For illustration, domestic employees can travel from foreign to domestic houses. Local houses might increase their productiveness through larning from foreign houses by coaction. ( OECD, 2008 ) . The presence of MNEs may besides do a utile presentation consequen ce, coercing the authorities to put in instruction more, as the demand for skilled labor by these houses is really high ( OECD, 2002 ) .Spillover effectsMNE ââ¬Ës normally possess a higher degree of engineering, particularly ââ¬Å" clean â⬠, which is the chief factor of their higher productiveness. One of the positive effects of FDI is that it generates important technological spillovers in the host states. MNE ââ¬Ës normally provide proficient aid, preparation and other information to increase the quality of the providers ââ¬Ë merchandises ( OECD, 2002 ) . Local houses might increase their productiveness as a consequence of deriving entree to modern, improved, or cheaper intermediate inputs produced by MNE in upstream sectors. Gross saless of these inputs by MNE might be accompanies by proviso of complementary services which might non be available through imports ( Javorcik, 2004 ) . Local sub-contractors can besides profit from MNE ââ¬Ës international contacts, therefore deriving more entree to foreign markets. FDI can besides increase research and development enterprises of local companies ( Tormenting, 1995 ) .Competition degreeFDI exerts a important influence on the competition degree in the host state. The presence of MNEs assists the economic development by exciting the domestic competition and thereby taking to higher productiveness, invention, lower monetary values and more efficient resource allotment ( OECD, 2002 ) .Management and administration practisesFDI through acquisition of local houses result in the alterations in direction and corporate administration. MNEs by and large impose their ain company policies, internal coverage systems and rules of information revelation. This consequence improves the concern environment and develops the corporate efficiency. Furthermore, different instances show that foreign investings besides create a more crystalline environment in the host state as MNEs encourage more unfastened authorities policy, raise corporate transparence and aid in the battle against corruptness. ( OECD, 2002 ) . Since foreign investings supply needful resources to developing states such as capital, engineering, managerial accomplishments, entrepreneurial ability, trade names, and entree to markets, they are of import for these economic systems to industrialise, develop, and make occupations cut downing the poorness degree in their states. Therefore, most developing economic systems recognize the possible value of investings and have liberalized their investing governments and conducted investing publicity activities to pull FDI from developed states ( Athukorala, 2003 ) .Negative effects of FDIHerding out consequence of FDIFDI can hold both herding in and herding out effects in host state economic system. The chief negative consequence of herding out consequence is the monopoly power over the market gained by MNEs. Empirical grounds in that respect is assorted. Econometric trial by Agosin and Mayer ( 2000 ) covering 39 states for a long period ( 1970-1996 ) demonstrated that herding out and herding in was detected in 10 economic systems, but in 19 the consequence was impersonal. Herding out consequence did non be in Asia, but it was rather obvious in Latin America. Another survey of 83 economic systems over the period of 1980-1999 found no impact of FDI on host state for 31, herding out for 29 and herding in for 23 states ( Kumar and Pradhan, 2002 ) . This diverseness might be due to the fact that assorted economic systems attract different types of FDI. Countries that pull largely domestic market-seeking investings will see herding out as the constitution of foreign subordinates consequences in tough competition with domestic houses. But for export-oriented investing, it might be less so ( Bhalla and Ramu, 2005 ) . MNE with lower marginal costs increases production relation to its domestic rival, when amiss competitory houses of the host state face fixed costs of production. In this environment, foreign houses that produce for the domestic market draw demand from local houses, doing them to cut down the production. The productiveness of local houses falls as their fixed costs are spread over a smaller market which forces them to endorse up their mean cost curves. When the productiveness lessening from this demand consequence is big plenty, entire domestic productiveness can decrease even if the MNE transportations engineering or its firm-specific plus to local houses ( Aitken and Harrison, 1999 ) . In general, herding out might take topographic point due to two grounds: 1 ) when domestic houses disappear because of higher efficiency and better merchandise quality of foreign subordinates, and 2 ) when they are wiped out because these foreign affiliates have better entree to fiscal resources and/or engage in anticompetitive patterns. In the first instance, the net impact on public assistance is positive as houses with higher efficiency and better merchandise quality contribute to the economic development of the host state. But in the 2nd instance, there is welfare loss and authoritiess intervene through different channels in order to assist the local houses. For illustration, they might set up or subsidise funding for domestic little and average houses ( Bhalla and Ramu, 2005 ) .Negative pay spilloversWage spillovers of the FDI are considered to be largely positive as workers of MNEs can go forth their workplace and go enterprisers in hereafter, which will increase the fight of d omestic houses. However, it might do negative effects every bit good, particularly, if MNEs hire the best workers due to their high rewards and thereby go forth lower-quality workers at the domestic houses ( Lipsey and Sjoholm, 2004 ) . In response to that domestic houses can increase or copy MNEs ââ¬Ë rewards unnaturally to forestall their high-quality employees from altering the workplace in favor of foreign houses. But this action can take to competitiveness lessening of them as MNEs have productiveness advantages over the domestic houses. Gorg and Greenaway ( 2001 ) reviewed six surveies on pay spillovers and reported that three panel surveies of those surveies found negative spillovers, while two cross-sections studied showed positive 1s. One possible ground of the negative consequences in some underdeveloped states is that the spread between MNE and domestic houses is really big for one party to act upon another. Furthermore, the labor markets in some underdeveloped economic systems are excessively segmented for rewards in one party to act upon another ( Lipsey and Sjoholm, 2004 ) .Net income repatriationWhen MNEs make investings in foreign states their chief aim is to maximise their net income. Some advantageous features of these states, such as inexpensive labor force, natural resource copiousness or high quality expertness, let MNEs to heighten their economic public presentation. MNEs on a regular basis repatriate their net incomes from investing to the history of their parent companies in the signifier of divide nds or royalties transferred to stockholders every bit good as the simple transportation of accumulated net incomes. It besides helps them avoid larger revenue enhancements by utilizing transportation monetary values. However, this net income repatriation consequences in immense capital escapes from the host state to the place state and negatively affects the balance of payment of the former. Thus the host states frequently set bounds on the sum of net incomes that MNEs can repatriate in order non to hold balance of payment shortages or reduced foreign exchange militias. Such policy can bring on these MNEs to put net incomes in different undertakings within the host state ( Billet, 1991 ) . But there is besides a possibility that such restrictions might deter MNEs from puting in these states, which will travel FDI to the states with less net income repatriation restrictions. For illustration, a study of main executive officers from 193 American MNEs revealed that about 70 % of them viewed net income repatriation as a chief factor positively actuating the FDI behavior of them ( Kobrin et al ) . One of the biggest FDI receiving systems in the universe, India, permits 100 % net income repatriation for foreign investors in most sectors ( NRI Repatriation ) .Double economic system consequenceFDI, particularly, made in the underdeveloped states can take them to hold a double economic system, which has one developed sector largely owned by foreign houses and developing sector owned by domestic houses. Since the state ââ¬Ës economic system becomes excessively dependent on the developed sector, its economic construction alterations. Often this developed sector is the capital- intensive, while another one is labor-intensive. Therefore, double economic system consequence hampers the economic development of states as most of their citizens are located in the non-developed labor-intensive sector. This consequence is seeable in most oil-rich states, where foreign investings made in the oil and gas sector resulted in the resource roar and left the agribusiness and fabrication sectors underdeveloped. That negative consequence of FDI can take to Dutch Disease consequence in natural resource copiousness states. Dutch Disease theoretical account postulates that a resource roar, largely after the immense investings in the sector, diverts state ââ¬Ës resources off from activities that are more contributing to growing in long tally. First symptom of this phenomenon is an grasp of the state ââ¬Ës exchange rate caused by resource roar, which in bend causes a contraction in the fabrication exports ( Bulte et al, 2003 ) . The flourishing resource sector draws capital and labours off from fabrication, taking its costs to lift ( Neary and new wave Wijnbergen, 1986 ) . The consequence is that the fight of state ââ¬Ës non-tradable trade goods rise, while that of tradable ââ¬â fabrication trade goods falls in the universe markets, cut downing the possible for export-led growing of industries in the long tally. Since fabrication sector is regarded as the chief ââ¬Å" engine of growing â⬠, its diminution causes accordingly a growing diminution in state ââ¬Ës economic system in the l ong tally ( Sachs and Warner, 1999 ) . One possible solution to the job is a variegation of the economic system by puting in different sectors.Balance of payment consequenceEmpirical surveies reveal that a bidirectional relationship exists between foreign investings and imports. An addition in FDI influxs from the place state will ensue in an addition in imports in the host state from the place state. It can be due the fact that the MNE purchases inputs from its traditional providers or increased rising prices rate speeded up by foreign capitals in the place state. As more investing flows in, the host state economic system becomes more and more dependent on the production engineering of MNE ââ¬Ës place state. The host state will hold to import more inputs and intermediate goods from the MNE ââ¬Ës place state, which might restrain the development in the domestic industry. If these investings are non export-oriented, the host state can endure from trade shortages ( Chaisrisawats uk S. and Chaisrisawatsuk W, 2007 ) .Infrastructure development restraintFDI constrains basic substructure development by deviating resources from public investing in substructure. Since FDI is attracted largely to wealthy parts of the host state, the substructure in these parts will necessitate a greater attempt to be improved, particularly striping the poorer parts and the rural parts ( Yamin and Sinkovics, 2009 ) .Environmental issuesA big volume of FDI is concentrated in natural resource sectors of developing and less developed states. Most of these states have a less rigorous or non-existent regulative government. Sometimes states intentionally attempt to relieve or loosen their regulative demands to pull FDI. However, while these states can profit from positive effects of investing, the negative effects of FDI on host state ââ¬Ës ecosystems and environment might convey catastrophe in the long tally ( Gray, 2002 ) . The solution to these jobs is to raise host state capacity to modulate and build international environmental criterions. NGO ââ¬Ës and other civil society groups from place and host states can besides play a important function in the betterment of authorities ordinances and addition of MNE ââ¬Ës duty on environmental issues ( Mabey and McNally, 1998 ) .Other possible negative impactsFDI can do political, societal and cultural agitation and divisiveness in the host states by debut of unaccepChart values, which include advertisement, concern imposts, labour patterns and etc, and by direct intervention of the MNEs in the political government or electoral procedure in the host state ( Dunning, 1995 ) . For illustration, some least developed states with the economic system excessively dependent on powerful transnational endeavors are threatened of fring political sovereignty ( OECD, 2002 ) .Case Study: Dutch Disease effects in AzerbaijanAzerbaijan had had a reasonably developing eco nomic system with a consistent one-year GDP growing above 10 % until 2005. However, after a big sum of FDI ââ¬Ës in energy sector, the economic state of affairs critically changed and grew significantly in 2005-2009 old ages due ( Chart 1. GDP of Azerbaijan. Chart 2. GDP growing ) . Its oil and gas grosss fuelled the economic system and promoted a rapid rise in life criterions. But despite this prosperity, some negative impacts of huge foreign investings, particularly, Dutch Disease effects, became seeable over clip. Large capital influxs and grosss shortly demonstrated its impact on high rising prices degree ( Chart 3. Inflation rate ) and the national currency of Azerbaijan ââ¬â AZN has appreciated against USD Dollar and Pound Sterling, while its value against Euro has been volatile during 2006-2010 old ages ( Chart 4. Currency Exchange ) . As exports increased, the state started to run balance of payment excess ( Chart 5. Balance of Payment ) . The fight of non-tradable trade goods have risen during this period in Azerbaijan. Particularly, oil roar fuelled banking sector, existent estate and building. However, the growing rate of tradable sectors of Azerbaijan was small ( Traveling Dutch ) . Main non-oil exports of the state agribusiness and metals sector have non seen a important growing, intending state ââ¬Ës fight is non turning. In fact the state became dependent on oil sector, as it accounts for 90 % of exports and 60 % of GDP part ( Chart 6. GDP composing by sector ) . Current prognosiss predict that the oil roar of Azerbaijan will be comparatively ephemeral and oil production will get down to diminish in 2012, which will hold a prodigious negative impact on the economic system ( Going Dutch ) . Dutch Disease effects have a important impact on the poorness rate of the state. Although life criterions have mostly improved, a high degree of poorness persists, particularly, in rural countries. About 42 % of the rural population live below the poorness line, and 13 % of hapless people live in utmost poorness ( Rural poorness in Azerbaijan ) . Despite the big GDP part of industry sector, chiefly oil and gas sector, laborforce represented by this sector is the least ââ¬â by 12 % . However, agribusiness with the biggest laborforce business histories for 6 % in GDP part ( Chart 7. Laborforce business by sector. ) . This implies that chief laborforce of the state is located in less competitory and less efficient sector, and the economic system must be diversified and fight of fabrication merchandises, owned by domestic houses, must be increased to minimise the high degree of poorness.DecisionAlthough there are contradictory ideas about the impact of FDI on the economic growing, it is loosely believed that investings positively contribute to the economic development of host states. However, states do non profit from the investings at the same degree. Foreign investings are non advantageous or disadvantageous by themselves. Their part depends on the policy and behavior of host state authoritiess and MNEs. The same foreign investing may convey tonss of benefits to one state, while it might be rather harmful for the other. Therefore, it does non intend that if you get more FDI, your economic system will hike. For illustration, Azerbaijan ââ¬Ës economic system grew significantly due to foreign investings, but if the authorities does non diversify the economic system and take steps against the negative effects of FDI, its economic system will be worsened in long term. The rising prices is increasing, non-oil sector is barely turning, and the economic system is going more and more dependent on the oil and gas sector, owned largely by foreign houses. The survey implies that an appropriate policy and bit by bit improved ââ¬Å" absorbent capacity â⬠of authoritiess will minimise the negative effects of FDI and let these economic systems to harvest the benefits of investings at the upper limit.
Tuesday, October 22, 2019
World War I Powers essays
World War I Powers essays During World War I many different types of weapons were utilized by both the Allied and Central powers. Some were variations on older models of weaponry, and others were totally new inventions created to aid in the wartime effort. Most of the new weapons were used as killing machines in trench warfare, which was practiced during World War I, while others were employed as tools of espionage, scouting land areas, or air and sea warfare. Communication also played a major role in World War I, especially the newly invented short wave radio. My report will discuss several of these new types of weaponry and communication; their uses in the war and their technical make-up. Trenches were long tunnel-like structures dug on the fronts during a stalemate in the war. They protected the troops inside from deadly artillery and especially machine gun fire. There were usually four sets of trenches dug on each side. An area of no-mans land separated the two sides. Crossing the no-mans land meant the risk of instant death by machine gun fire. An attack was usually staged in waves. Line after line of troops attempted to overrun the opposing trenches, only to gain a couple of miles. The firing trench was first, backed by cover trenches, which were a back-up line of defense in case the firing trenches were overrun. Following the cover trench were the support trench and the reserve trench. Off-duty troops lived in man made dugouts in the support trench. Rations, communications, extra troops, and other utilities were stored in the reserve trench. Some trenches also had a fifth trench dug out especially for the communications systems. Modern tanks are heavily armored track-laying military vehicles which have road speeds up to 60 mph. They weigh in between 14 and 50 metric tons and carry various types of mounted machine guns. Tanks are designed to penetrate or flank enemy lines and strike deep into the rear, capturi...
Monday, October 21, 2019
Syntactic Properties of Phrasal Verbs in English
Syntactic Properties of Phrasal Verbs in English Introduction and Brief Summary of the Article The Grammar of English Phrasal Verbs is an article, written by R. M. W. Dixon in 1982. This work aims at defining the term ââ¬Å"phrasal verbâ⬠itself and analyzing the properties of phrasal verbs in English from syntactic and semantic perspectives. The article under consideration is properly structured and written in clear and comprehensible language.Advertising We will write a custom critical writing sample on Syntactic Properties of Phrasal Verbs in English specifically for you for only $16.05 $11/page Learn More With the help of evaluation of past studies in the same area, the reader gets a wonderful opportunity to clear up what is already known about phrasal verbs, why it is necessary to classify phrasal verbs, and why these certain types are chosen, what the peculiarities of transitive and intransitive phrasal verbs are, and why the underlying structures are considered to be the best means of explaini ng the actions and changes, which take place within phrasal verbs in comparison to the surface structures. The grammar of phrasal verbs in English takes an important place in the study of this particular language, this is why it is crucially important to pay attention to any type of properties in order to comprehend appropriately how and why it is necessary to classify phrasal verbs. The work by R. M. W. Dixon is a reliable source that provides the reader with all the necessary information about phrasal verbs and their possible classifications. Phrasal Verbs as a Verb-Preposition Combination Nowadays, people face more and more problems with defining phrasal verbs, their place in English grammar, and their classifications. It turns out to be rather difficult for not-native speakers to comprehend what phrasal verbs actually mean (Ware Dowd 2008: 50). Due to this very reason, it is necessary to admit that that article by Dixon should be regarded as a real treasure for those, who are g oing to start learning English grammar and touch the peculiarities of phrasal verbs in particular. From the very beginning of the work, the author offers several ideas of how to interpret a phrasal verb. One of the clearest and frequently used points is the idea that phrasal verbs are those verb-preposition combinations, which ââ¬Å"cannot be inferred from the separate ââ¬Ënormââ¬â¢ semantic characterisations of the simple verb and of the preposition(s)â⬠(Dixon 1982: 1). Past Studies Help to Evaluate the Situation With the help of past studies, it is known that phrasal verbs have to be listed separately, as the combinations of verbs and prepositions may present various idiosyncratic meanings, which have to be remembered (Gelderen 2002: 84). In his article, Dixon touches upon such issues like substitution, gapping, fronting, and the position of prepositions. All these non-semantic criteria help to distinguish phrasal verbs from other literal combinations, which may confu se people and even researchers. For example, the criterion of substitution may be evaluated: only a few number of phrasal verbs can have proper and pure corresponding synonyms (let out may be sometimes interpreted as disclose). It is also necessary to underline another very important criterion of phrasal verbs.Advertising Looking for critical writing on linguistics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Lots of people still believe that if they interchange the position of a preposition with a non-pronominal post-verbal noun, the meaning of the whole phrase will not be changed. However, as the investigations prove, this point of view is rather mistakable. Many phrasal verbs cannot be divided into a simple verb and a preposition; this is why it is crucially important to study the use of phrasal verbs and their location in the sentences. In order to comprehend better how dangerous the substitution or wrong placement of words can be in English sentences can be, it is possible to make use of phrase structure trees. It is ââ¬Å"a way of representing the linear order, constituency and hierarchical structure of sentences in a languageâ⬠(Payne 2006: 339). For example, let us take two sentences from Dixonââ¬â¢s article: ââ¬Å"John takes after his fatherâ⬠and ââ¬Å"John takes his father afterâ⬠(Dixon 1982: 4). Any branch of phrase markers should begin with a clear combination of words and end with a certain terminal symbol (Cannon 2002: 100): Sentence Noun Phrase Verb Phrase Adjective Noun Verb Adverb According to this scheme, the sentences under consideration may be analyzed in the following way: noun phrase is ââ¬Å"Johnâ⬠and ââ¬Å"his fatherâ⬠, and verb phrase ââ¬Å"takes afterâ⬠. The point is that this phrase cannot be divided into any other parts, because it is a meaningful phrasal verb. If the noun phrase separates the verb phrase, the essence of the verb will be lost. This is why it turns out to be impossible to say ââ¬Å"John takes his father afterâ⬠, and the only possible variant is ââ¬Å"John takes after his fatherâ⬠that means that the father and the some resemble in their appearance.Advertising We will write a custom critical writing sample on Syntactic Properties of Phrasal Verbs in English specifically for you for only $16.05 $11/page Learn More The role of past studies in this article takes a significant place, because such brief examination of already known facts about phrasal verbs help to start own investigation and make use of evaluated pros, cons, and peculiarities of phrasal verbs. The above-mentioned criteria are not the only ones that are discussed in this piece of work, however, they are considered to be the most important and the most known. Continuums play an important role in phrasal verbsââ¬â¢ evaluation The article under consideration examines of the phrasal verbsââ¬â¢ crite ria separately due to its unclear nature. ââ¬Å"It appears that there is a continuum, with the more idiomatic and idiosyncratic combinations at one extreme, and entirely literal combinations at the otherâ⬠(Dixon 1982:9). The continuum under analysis may be classified according to five clear levels, which evaluate the meaning of the sentences with phrasal verbs. The continuums can be both literal and non-literal, and idioms. Some of the constructions, usually literal ones, demonstrate the absence of semantic peculiarities. In comparison to these constructions, the author represents several sentences, which require a distinct dictionary entry. Types of Phrasal Verbs, Offered by Mr. Dixon In The Grammar of English Phrasal Verbs, the author identifies six different types of phrasal verbs. The chosen by the author approach makes the understanding of each phrasal verbââ¬â¢s type easier and clearer. In order to comprehend why the author chooses six types only and give preference to the underlying structures, it is necessary to identify what the underlying structure means, what other types of structures may be used in this kind of analysis and classification, and what type of order is inherent to each of these phrasal verbs types. Lots of scholars distinguish four main types of phrasal verbs: (1) intransitive and inseparable, (2) transitive and inseparable, (3) transitive and separable, and (4) transitive with inseparable prepositions (DeCapua 2008: 150). However, to attract the attention of the readers, the author made a wonderful attempt to represent more types of phrasal verbs and, by means of underlying structures, prove his ideas and approach. There are two possible structures: underlying, also known as deep or D-structure, and surface, also know as S-structure. Laurel Brinton (2000) defines underlying structure as a linear order of words in sentences and surface structure as a concrete realization of the previous structure (163-164). The author of the article that is discussed right now chooses six underlying structures: Preposition (P) P and Noun phrase (N) N and P N ââ¬â p ââ¬â N P ââ¬â p ââ¬â N N ââ¬â p ââ¬â p N After providing this brief classification of phrasal verbs, the author analyzes three types of the verbs thoroughly and represents the examples for the readers in order to prove his choice. First of all, he names intransitive single phrasal verbs ââ¬â the structure (1) that does not require direct/non-direct objects and the structure (2) that usually requires prepositional objects.Advertising Looking for critical writing on linguistics? Let's see if we can help you! Get your first paper with 15% OFF Learn More e.g.: He came to within a short period of time (1). My chief picks on me for each mistake (2). The next group for discussion is considered to be transitive single phrasal verbs. The representatives of this group have the underlying structures (3) and (4). As a rule, the phrasal verbs of this group need a prepositional object, and only in few cases, a direct object may be used. e.g.: It is impossible to bring her down (3). You have nothing to do but see this game through its successful end (4). Double phrasal verbs are the last group of verbs that unites fifth and sixth underlying structure. Mr. Dixon admits that these verbs have need of two prepositions and at least one prepositional object: e.g.: You need to take up this case with really sophisticated people (5). I do not want to take her up on the event I am not sure about (6). The use of examples and clear explanation of possible objects to the verbs is one of the winning ideas of the article under consideration. Readersââ¬â¢ understanding of the topic usually depends on the properly chosen examples. In this article, the underlying structures is the best means to demonstrate how exactly phrasal verbs may be classified into six possible categories. Underlying Structures vs. Surface Structures One of the major points of this article is that the author assumes the underlying structures than other possibilities, the surface structures in particular. In order to prove and justify his choice, the author devotes a separate chapter to justification for the chosen structures. Mr. Dixon describes the attempts of other scholars like Chomsky, who made attempts to use prepositional movements for structure analysis. However, lots of troubles and unclear points took place while such way of analysis, this is why Mr. Dixon underlines that his idea to classify phrasal verbs with the help of the underlying structures turns out to be more effective and less troublesome, because these structures ââ¬Å"provide the basis for an optimally simple grammatical descriptionâ⬠(Dixon 1982: 20). In this article, several properly explained reasons why the underlying structures are better than the surface structures and prepositional movements. First of all, the underlying structures provide proper explanations of possibilities for prepositional movements and adverb insertion and examining the changes within prepositional fronting. The underlying structures also demonstrate the possibility to substitute some types of phrasal verbs or impossibility to change even an object in the phrase. One of the most brilliant justifications of the underlying structures, which are presented in the article, is the comparison of pNpo and Ndop. It is all about the movements of the noun phrases around the prepositions. For example knock about the town means travel in the town, and knock a person about in the town means treat this person brutally in the town. Any other possibilities like the prepositional movement or the surfac e structures cannot present similar information and proper explanation of the matter. And Mr. Dixonââ¬â¢s approach demonstrates how simple these explanations can be. The use of phrase markets plays a crucial role in this case, because only the evaluation of the components helps the reader, the student, or any other person, who are eager to learn English grammar and the phrasal verb in particular, use these types of verb in a proper way. Transitivity as an Evidence of the Underlying Structures One more issues, discussed in the article, that helps to gain better understanding of the topic is the transitivity of phrasal verbs. In his numerous books, Dixon (2005) admits that it is ââ¬Å"a fascinating and not altogether easy questionâ⬠(p. 294). Phrasal verbs may be of two types transitive and intransitive. The transitive phrasal verbs are those, which have the underlying structures accompanied with a direct object of the verb. Those underlying structures of the phrasal verbs, w hich have prepositional objects, are named as intransitive. In order to help the reader to comprehend the nature of phrasal verbs and their classification, the author examines the characteristics of each type of objects. The direct object usually serves as the sign of passivisation; the prepositional objects demonstrate the impossibility of passivisation. Only the cases of some idiomatic combinations may be the factor of passivisation in the sentences with prepositional objects. The value of transitivity is rather considerable for phrasal verbs. This is why it is very important to distinguish transitive phrasal verbs with simple verb constituent. For example, the phrasal verbs, which have such simple verbs like go, come, or be can only be intransitive. However, its simple verb constituent may be both transitive and intransitive, as much depends on the chosen for the verb object. The offered by Mr. Dixon list of transitive possibilities diminish the doubts concerning the effectivenes s of the underlying structures for phrasal verbs analysis. The idea of transitivity also helps to determine the weakness of the surface structures in comparison to the underlying structures. The surface structures are considered to be realization of the underlying structures, this is why these structures do not offer clear explanations of why this phrasal verb may be both transitive and intransitive and why the same verb accompanied with another preposition can be only transitive but not intransitive. So, in this case, the understanding of the phrasal verbsââ¬â¢ nature by means of the underlying structures is regarded as clearer and simpler. Conclusion In general, the article under analysis is a perfect source of information about phrasal verbs and their classification. Mr. Dixon made a wonderful attempt to represent for the reader a new way of classification of phrasal verbs by means of the underlying structures only. He also gives enough reasons to justify his choice and persua de the reader that his approach to evaluation of phrasal verbs has more benefits in comparison to the surface structures and the prepositional movement by Chomsky. The use of figurative or idiomatic speech in every day life makes each phrasal verb too much important. Unfortunately, not each person especially not-native speaker can easily realize what phrasal verb is better to use. The literal meaning of the phrasal verb may have nothing in common with its own constituents, this is why it turns out to be very easy to lose the necessary way and miscomprehend the whole text. With the help of clear explanation of the term phrasal verb, Mr. Dixon demonstrates his awareness of readersââ¬â¢ demands and needs. He can easily foresee the difficulties, which may take place while reading his article The Grammar of English Phrasal Verbs, and destroy any doubts by providing clear and informative explanations of each point. The language of the article under discussion is not that difficult to c omprehend; the structure is properly organized as well and allows to evaluate each point of the text. The existence of different types of phrasal verbs, recognized by Dixon, can make other scholar to start their own investigations on the same field and approve or disprove Dixonââ¬â¢s ideas. To my mind, the articles, which provoke other people be interested in the theme under consideration, should be classified as the most successful, because the writers of such articles are not only able to inform the reader but also to make them think and evaluate the situation. This is why The Grammar of English Phrasal Verbs by R. M. W. Dixon should be considered as a successful piece of work that represents reliable and captivating information about phrasal verbs and helps to make the use of phrasal verb more proper and more correct. Reference List Brinton, LJ 2000 The Structure of Modern English: A Linguistic Introduction. John Benjamins Publishing Company, the Netherlands. Cannon, D 2002 De ductive Logic in Natural Language. Broadview Press, Peterborough, Canada. DeCapua, A 2008 Grammar for Teachers: A Guide to American English for Native and Non-Native Speakers. Springer, New York. Dixon RMW 2005 A Semantic Approach to English Grammar. Oxford University Press, Oxford. Dixon, RMW 1982, ââ¬ËThe Grammar of English Phrasal Verbsââ¬â¢, Australian Journal of Linguistics, vol. 1, no. 1, pp. 1-42. Gelderen, E 2002 An Introduction to the Grammar of English: Syntactic Arguments and Socio-Historical Background. John Benjamins Publishing Company, the Netherlands. Payne, TE 2006 Exploring Language Structure: A Studentââ¬â¢s Guide. Cambridge University Press, Cambridge. Ware, PD Dowd, R 2008, ââ¬ËPeer Feedback on Language Form in Telecollaborationââ¬â¢, Language Learning Technology, vol. 12, no. 1, pp. 43-63.
Sunday, October 20, 2019
Why Water Is More Dense Than Ice
Why Water Is More Dense Than Ice Water is unusual in that its maximum density occurs as a liquid, rather than as a solid. This means ice floats on water. Density is the mass per unit volume of a material. For all substances, density changes with temperature. The mass of material does not change, but the volume or space that it occupies either increases or decreases with temperature. The vibration of molecules increases as temperature rises and they absorb more energy. For most substances, this increases the space between molecules, making warmer liquids less dense than cooler solids. Its All About Hydrogen Bonds However, this effect is offset in water by hydrogen bonding. In liquid water, hydrogen bonds connect each waterà molecule to approximately 3.4 other water molecules. When water freezes into ice, it crystallizes into a rigid lattice that increases the space between molecules, with eachà molecule hydrogen bonded to 4 other molecules.
Saturday, October 19, 2019
The segmented labour market theory Essay Example | Topics and Well Written Essays - 750 words
The segmented labour market theory - Essay Example It is evident from the study that there is a primary sector which produces jobs that have a secure tenure, good benefits, with better working conditions, while a secondary sector is full of instability, limited benefits, and hazardous working conditions with low pay. Thus, workers in industrialised nations do not want the secondary sector jobs, resulting in employers looking for recruits among immigrants to fill the rejected positions. This secondary sector has little mobility options that impact negatively on educational returns, skills, base and working experience as compared with nations. This has been evidenced by educated Mexicans with skills who have migrated internally rather than into the United States as immigrant labour thus this only changes during periods of financial crisis. The above theory can be related that throughout American history, the ambitious and unsatisfied always had an economic theme giving them reason to immigrate to another place. The first three countrie s of European settlement was evidenced by an outward mobility, i.e. getting immigrants to the continent, thereafter the frontier to develop it. After the disappearance of the frontier in the 19thC, foreign conquest continued for example acquisitions of places like Cuba, and the Philippines etc. Late 19thC i.e. from the late 1590s into 1960s due to industrialisation, internal mobility was witnessed i.e. from the rural areas to the cities beginning in the industrial worth then the South with health accumulation and plenty of white collar jobs, movements were from the cities into the suburbs. An aging population moved from the colder regions into the warmer climes. Creating attendant jobs in the construction, restaurants, retail and healthcare industries After the cold war, mobility has tended to stagnant as there has been a wide stagnation in the economic growth of the country. The previous decade witnessed the devaluation of most mortgages resulting in majority owning houses that are not worth the mortgage paid for initially. This segmented the country into the so-called I presenters against the 99ers. But in reality the segmentation has been into two classes: the immobile and mobile. This classification is due to the industrial vibrantly; in the 1870s young people want to Chicage, 1910s people want to Detroit while 1970s movement was to Housen. This were characterised by; cowboys, the auto industry and the oil industry. The cities had industries that could after both skilled and unskilled people ample work. Nowadays due to the decline in industrial activities, mobility tends to be zero. The tech industry still offers jobs to the highly skilled although recruitment in those high tech industries like Silicon Valley computers, Raleigh-Dusham-bio- tech research is global recruitment for people with specific skills (www.nytimes.com/2012/01/22/.../adam-davidson-mobile-class.html) These high tech industries afford the mobile class good salaries and high bargaining po wer. The immobile class is constituted by citizens with less specialization; therefore the only jobs are the low paying ones in the declining auto-industry and green energy clusters. The difference in the immobile class now that most are educated to a degree level i.e. B.A. degree meaning a degree especially one not from the top universities does not guarantee a job, but rather with specific skills one has. This has coalesced graduates of mid level colleges into a pool defined into a secondary segment. It leaves problems
Friday, October 18, 2019
Explain the VaR framework and its utility in Risk Management Essay
Explain the VaR framework and its utility in Risk Management - Essay Example VaR can be said to be an easy method of measuring the market risk. As of date, VaR technology has spread its wings well beyond financial derivatives and is completely transforming the style the financial institutionsââ¬â¢ approach to their financial risk. Initially, VaR is employed to measure the market risk, but now it is being employed to administer and control risk actively. The VaR methodology is now assisting the industry to reckon both operational and credit risk, resulting in the sangraal of companywide management of risk1. (Jorion 2009: x). VaR employs a method of valuation of risk that uses standard statistical methods employed regularly in other technical sectors. In simple terms, VaR can be explained as the most speculative loss over an objective horizon that will not be surpassed with a given level of confidence. Footed upon the companyââ¬â¢s scientific founding stones, VaR offers users with a detailed synopsis of market risk. (Jorion 2009: x). . 2 Backgrounds For t hose companies and financial institutions that are vulnerable to risks, management of risk is a vital function. There has been a real reform in the risk-management process, especially in the last decade and VaR is regarded as one of the solutions that received wide publicity in business circles. As per Holton (2003), the main fundamentals of the VaR can be traced back to as early 1922 when the New York Stock Exchange prescribed capital norms for its members. Until 1952, research in VaR was not in progress. Two independent researchers namely Roy and Markowitz almost concurrently advanced but with different version of measuring the risks and the same were published in 1952. As per Holton (2003), the two authors mentioned above were engaged on establishing a way of choosing portfolios that would be facilitating to obtain the benefit for certain level of risk. Holton was of the view that it took nearly four decades until VaR measurement started to be broadly employed by companies and fi nancial instructions. As per Fernandez (2003), the worst financial crisis that occurred in 1987 and the crisis that forced to find a solution by the Basel Committee that all banks should keep adequate cash reserves so that it can cover probable losses in their trading assortment over a 10 ââ¬âday marked and 99% of their time. With the help of VaR, the quantum of cash to be maintained will be decided. Due to poor risk management process and poor supervision, a huge volume of money can be lost, which was well evidence from the past financial crisis. Thus, VaR has widely been acknowledged as a breakthrough process due to historical errors that crept into the risk -management process. (Holton 2002). As of today, the usage of VaR is being widely employed in financial institutions but there is only limited usage of VaR in non-financial firms. This can be explained that why companies do not employ VaR as they do not normally predict their profits and losses on daily footings that are n ot impacted by volatility in prices in the short-run. However, Mauro (1999) stresses that VaR can be employed even by non-financial firms (companies) that are not impacted by volatility in prices, especially in a short-time horizon. Thus, the chief advantage of VaR is that it is a yardstick that can be employed to almost every
Data Analytics and Understanding Big Data Literature review
Data Analytics and Understanding Big Data - Literature review Example Te article is relevant to the rest of the sources in that it also discusses the uses of artificial intelligence although in a different professional field. In this article, the researchers have found that artificial intelligence has not been widely accepted as a tool to use in medical settings although some of its earliest applications were healthcare oriented. Currently, artificial intelligence tools are being used individually for different purposes, such as, for device control and waveform analysis. The researchers have also found that because of the availability of big data and opportunities for improved healthcare delivery efficiency, AI tools must be applied in the intensive care environment for a variety of purposes including controlling of bedside devices and monitoring of electronic data systems. The researchers have concluded that with the use of artificial intelligence tools, healthcare delivery costs can be reduced and patient outcome can also be improved. The article has been written in a well-organized manner and the reader does not get out of focus at any stage while reading the article. Summing it up, the article includ es a wide range of information that can be used to the research paper regarding uses of artificial intelligence in different organizational settings. Bahrammirzaee, A 2010, ââ¬ËA comparative survey of artificial intelligence applications in finance: artificial neural networks, expert system and hybrid intelligent systemsââ¬â¢, Neural Computing and Applications, vol. 19, no. 8, pp. 1165-1195. This article deals with the use of artificial intelligence tools in financial settings. The main purpose of the article is to establish the role of artificial intelligence tools in making true financial decisions. Portfolio management, credit evaluation, and financial prediction and planning are those three domains of a financial market that need a proper and careful analysis in order for them to come
Thursday, October 17, 2019
Consumer Financial Protection Bureau Essay Example | Topics and Well Written Essays - 2000 words
Consumer Financial Protection Bureau - Essay Example It will illustrate the historical supposition of the Bureau creation, its main duties and responsibilities, the purpose for the Bureau, and the analysis of its operation. First, it is worth saying that a new consumer financial protection agency, the Consumer Financial Protection Bureau, was created to protect Americansââ¬â¢ personal finance transactions. It may seem that the creation of Bureau was a result of Congresss effort to reorganize the industry of banking thus preventing the possible economic crises in the future. In the article ââ¬Å"Consumer agency will clarify financial products costs, termsâ⬠the interviewer and the advocate for creating the agency Elizabeth Warren, a Harvard law professor and chairwoman of the Congressional Oversight Panel, explained that the new Bureau would give a chanceà to American familiesà to obtain financial security. First published in 2007 in the Democracy Journal, the idea of creating the new bureau described a feisty ââ¬Å"Financial Product Safety Commissionâ⬠whose agents would be known further to the Americans as firefighters (DePillis, 2011). The creation of the Bureau was called to rule governing consumer financial services and products that included mortgages and credit cards; it was also called to make loan terms and costs more transparent for the Americans. The agency would made credit cards and mortgages easy to follow, avoiding the fine print blurring of risk and cost. The agency was called to make the market more competitive; however, it was not aimed to facilitate the consumers in their purchase responsibilities and to make decisions on money (Mantell, 2010). Elizabeth Warren did not call the agency a ââ¬Å"nannyâ⬠, but the force that will allow the market work again and will bring the transparency. In certain period, such transparency will allow penalty fees and charges to go down and credit products to become cheaper. The agency will measure the risk in the financial system, however, it will not ensure
Basketball Point Guard Training Program Research Paper
Basketball Point Guard Training Program - Research Paper Example which they are able to perform different actions but also must consider all those actions that are required to develop their performance on continuous basis (Hatfield & Brody, n. d.). Conversely, outcome goals are mainly concerned with the end results that the athletes desire to achieve. It has been apparently observed that outcome goals are closely associated with process goals. The process goals are considered to be the paths that lead the athletes to achieve the positive outcomes (Hatfield & Brody, n. d.). The athletes should divide the goals into such activities that can be easily achieved as short-term goals. The achievement of these goals will certainly make the training programs interesting as well as boost the confidence of the athletes by a greater extent. On the other hand, long term goals rely upon the successful achievement of short-term goals. In this regard, failure to achieve short term goals will ultimately lead towards collapse in accomplishing long-term goals (Hatfield & Brody, n. d.). Training is regarded to be important aspect for any athletes that sharpens and develops necessary qualities as well as skills in order to render outstanding performances particularly in the sports arena. Athletes become more efficient and skillful only when they are provided with quality training program. In relation to basketball training program, it has been observed that it is quite difficult for a basketball team to succeed in any competition without a strong point guard. Any basket ball teams greatly rely upon point guards for their success in the competition. Point guards often act as a catalyst between the teammates and their likely performances to attain success. The prime objective of point guard training program is to develop certain skills of the athletes like dribbling, outside shooting, conditioning, passing and faking skills for achieving highest performance during the competitions (Special Olympics Nova Scotia, 2007). The point guard also called
Wednesday, October 16, 2019
Article reflection Example | Topics and Well Written Essays - 500 words - 1
Reflection - Article Example Larsen-Freeman and Long, (1999) have however discussed the second language acquisition from the culture of the western nations only and this therefore means that their research is only culture specific and cannot be generalized to other cultures in the world. According to Todd and Gonzalez, (2011), Different cultures have different language acquisitions and their first language is not always English. Further research therefore needs to be conducted which will lead to the application of information of SL, NNS and NS to other cultures or generalize the information above so that it considers other cultures as well and benefits their recipients such as the children equally. Even though Larsen-Freeman and Long, (1999) are not culturally competent in their discussion of second language acquisition my emulation of their information in teaching will involve offering specific attention to each student language-wise no matter their cultural differences. I believe that children are different from each other and the needs of one cannot be generalized to that of another. The information provided about second language acquisition has and will continue enabling me concentrate even more with the students also use the knowledge provided by Todd and Gonzalez, (2011), to try to bring them to the same level as the rest of the children. The research article together with the research by Todd and Gonzalez, (2011), has changed my understanding of the NS-NNS as well as the second language acquisition of the children which were previously misunderstood as cheekiness or even rudeness. The information gathered will lead to changing of thinking perspective and ensure putting more into the thought process and even engage in multi-dimensional thinking to avoid making assumptions and hence delaying to assist the people in need at the right time. One question about the
Basketball Point Guard Training Program Research Paper
Basketball Point Guard Training Program - Research Paper Example which they are able to perform different actions but also must consider all those actions that are required to develop their performance on continuous basis (Hatfield & Brody, n. d.). Conversely, outcome goals are mainly concerned with the end results that the athletes desire to achieve. It has been apparently observed that outcome goals are closely associated with process goals. The process goals are considered to be the paths that lead the athletes to achieve the positive outcomes (Hatfield & Brody, n. d.). The athletes should divide the goals into such activities that can be easily achieved as short-term goals. The achievement of these goals will certainly make the training programs interesting as well as boost the confidence of the athletes by a greater extent. On the other hand, long term goals rely upon the successful achievement of short-term goals. In this regard, failure to achieve short term goals will ultimately lead towards collapse in accomplishing long-term goals (Hatfield & Brody, n. d.). Training is regarded to be important aspect for any athletes that sharpens and develops necessary qualities as well as skills in order to render outstanding performances particularly in the sports arena. Athletes become more efficient and skillful only when they are provided with quality training program. In relation to basketball training program, it has been observed that it is quite difficult for a basketball team to succeed in any competition without a strong point guard. Any basket ball teams greatly rely upon point guards for their success in the competition. Point guards often act as a catalyst between the teammates and their likely performances to attain success. The prime objective of point guard training program is to develop certain skills of the athletes like dribbling, outside shooting, conditioning, passing and faking skills for achieving highest performance during the competitions (Special Olympics Nova Scotia, 2007). The point guard also called
Tuesday, October 15, 2019
Barclays Bank Essay Example for Free
Barclays Bank Essay Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate banking, investment banking, wealth management and investment management services with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs nearly 147,000 people. Barclays moves, lends, invests, protects money for more than 48 million customers and clients worldwide. (Barclays 2009) Barclays currently owns more stock (3.9%) than any other stockholder in the largest company on the planet, Exxon Mobil. The fundamental principal to Barclayââ¬â¢s philosophy is to include the interests of all of their shareholders from customers, employees, shareholders and the wider community in route to providing a valued and prosperous circumference of satisfied stakeholders. (thebanker.com, 2009) A high priority is placed on dealing with three lines of operations. Firstly, the banking division that provides up front service and customer attention to United Kingdom retail and business banking customers. The UK retail banking side courts some for 14 million accounts, servicing around 566,000 customers, while the business side lends service to primarily middle to larger sized businesses of around 180,000 customers. A second major focus for Barclays is Private Clients. Barclays stands today as the largest retail stockbroker in the United Kingdom, with clients mainly in the UK and the continental Europe. The gist of the client makeup is high net worth and clients of corporate billing. Third is the International Retail and Commercial Banking sector of Barclayââ¬â¢s business. Barclays has some 800 international branches placed throughout Europe, Africa and the Middle East, which provide a large array of services including current accounts, savings, mortgages and loans. (thebanker .com 2009) Others smaller areas of focus for Barclays are Barclays Capital, Barclaycard, Barclay Global Investors and Woolwich. It is within these areas that Barclay is placing a larger focus towards growing throughout the international markets. Barclays Capital is a global investment bank which provides advice and solutions to the financial and risk management needs of corporate, institutional and government clients.Barclaycard has some 11.2 million UK customers with 2.9 million cards issued internationally. This happens to have been the UKs first credit card and also the leader in card services provided over the internet 800,000 customers using the online account services. Barclaycard operates internationally throughout Europe, the United States and Africa and has recently made efforts to expand even more into the United States with the acquisition of the US credit card, Juniper Financial Corporation in December 2004. Barclays Global Investors is a world leader in providing investment management products and services and is also a global leading asset manager. In 1971 Barclays Global Investors created the first index strategy and followed this in 1978 with the first quantitative active strategy. Barclays Global Investors holds some 68 million British pounds in Exchange Traded Funds with over 100 funds in ten international markets for individual and institutional investors. Lastly, Woolwich is a mortgage business that was acquired by Barclays in 2000. It has been transformed into a division that deals largely with home financing and lends its branding to Barclays mortgages. Barclays has placed a great deal of interest in international growth beginning as far back as 1925 with the merger that began the formation of Barclays International Operations of three banks: the Colonial Bank, the Anglo Egyptian Bank and the National Bank of South Africa. This pushed Barclays into Africa, the Middle East and the West Indies. By the 1980s Barclays became the first bank to file with the Securities and Exchange Commission in the U.S. and by 1986 was the first British bank to be listed on the Tokyo and New York Stock Exchanges. Barclays Capital formed around the same time establishing an investment banking operation that today manages larger corporations and institutional businesses. In the mid-1990s Barclays formed Barclays Global Investors through the purchase of Wells Fargo Nikko Investment Advisers which was combined with Barclays BZW Investment Management. Barclays has also kept pace with innovation with concepts such as online customized servicing through Barclay s Private Bank and Premiere Banking. These steps have kept Barclays competitive in the banking industry and guided them towards a promising path in international growth. (thebanker.com) Foremost to continually compete internationally, Barclays must strive to perform customer service at an utmost level of excellence. This will promote Barclays worldwide as a business that can be relied upon time after time for small individual accounts as well as huge corporate accounts. To accomplish this, Barclays must identify their customer groups and the needs associated with each particular group and develop products and services that will be of great value to their customers. The practices that have worked in the past must be reconfigured to work for years to come and keep Barclays updated with the high changing IT world. This will call for new investments into new levels of technology that can help offer higher levels of service to its customers. Along with the apparent increase in speed that IT will allow Barclay to accomplish routine tasks, technology will also reduce risk of errors and fraud. (www.thebanker.com) this leads straight into a second integral point of interest for Barclays. The need to place major investments into the most modern and efficient IT systems available that enables top of the line business transactions to transpire unhinged. IT will allow up to date information to be at the fingertips of Barclayââ¬â¢s managers, giving managers a huge advantage when it comes to making decisions and in pin pointing groups of customers that can have a high added value to Barclays. The fine-tuning of IT will also eliminate weaknesses within Barclays practices, preventing failures that effect customers and thus reducing excessive and unnecessary costs.(thebanker.com)
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