Downside Risk to Real Estate Essay Example | Topics and Well Written Essays - 5250 words

Downside Risk to Real Estate - Essay Example The analysis includes independent variables drawn from a database and includes variables to adjust results for the impact of macroeconomic factors. In addition, indexes for the broader markets are identified and included in the regressions to adjust for the impact of trends in the general market. Investment in Listed Property Trusts (LPTs) or Real Estate Investment Trusts (REITs) has traditionally considered risk as an important factor. Numerous studies on risk have also demonstrated that REIT's financial condition and management structure have implications for its risk. Most of these studies have utilised the cross-sectional difference of REIT financial conditions and REIT management structure in estimating the relationship between these variables and risk. A REIT's risk is measured by the beta coefficient in the Capital Asset Pricing Model (CAPM) in which it is measured in a variance framework. However, the appropriateness of using CAPM in particular the use of beta as risk measure has been debated in recent years. In fact, several studies suggest downside systematic risk (downside beta) is comparatively better than systematic risk for measuring market-related risk for an asset in line with the theoretical superiorities of downside risk. Downside risk was first introduced by Roy (1952) primarily based on the safety first rule. It appears as a more intuitively appealing and secure risk measure compared to variance for several reasons such as downside risk does not require an assumption about the return distribution of an asset; it is more consistent with the investor's expected utility function and combining information provided by variance and skewness into one measure (Nawrocki, 1999, Estrada, 2002). Hogan and Warren (1974) and Bawa and Linderberg (1977) also demonstrated that downside risk (lower partial moment) can be generalised into CAPM and they developed a Mean-lower Partial Moment Capital Asset Pricing Model (MLPM-CAPM). The results from Price

Approches To Decision Making Essay Example for Free

Approches To Decision Making Essay Decision making in the workplace is something that all managers are faced with at one time or another during their careers. Some decisions are minor and some are major, but what we have to keep in mind is the decisions we make can make or break a company. Being the one who is faced with making these types of decisions can make our job more stressful, but thankfully there are steps we can learn to take which is known as the decision making process. This process helps us identify the problem and look at alternatives to help us solve the problem. Once the problem is identified it is up to the manager to look at all areas of the situation and weigh out the pros and cons of the decisions you have come up with. Never jump at the first thought that comes to mind always look at the decision criteria. After reading over the scenarios provided I have decided to go with scenario 2 which provides information about a problem that has been brought to the nursing home administrators and the infectious control officer’s attention. According to the information that I have read the nursing home is experiencing high infection rates within its facility and these rates are increasing. If the nursing home keeps experiencing high rates of infection they can be fined and with this type of facility many more patients can become ill if nothing is done. So as you can see this is a situation that we have to give prompt attention to and find the best solution for before anyone else falls ill or the company has to close its doors. There are different approaches to decision making that we can explore, but we need to find the best approach for this certain scenario. After reviewing the different types of approaches the two I would choose are rationality and intuition. The reason for choosing thes e types of approaches are because this seems to best for this scenario. When using rationality this means the person will make logical and consistent choices that are best for everyone involved and anyone who holds a management position knows that by thinking  things thru rationally will give you the best choice of action to take. The reason for this is because you are weighing the pros and cons and thinking logically. The second approach I would take is relying upon intuition. I know some people think that it is almost impossible to make a decision upon someones intuition, but if you know the facts and know the situation you can usually go by your intuition. The reason is because you know the problem that exists and know there has to be steps made to correct this issue quickly. Making decisions as a group can be a great thing because everyone can give their input and you can toss around different ideas and suggestions. There is a downside to making group decisions because there are times certain people will not be open to suggestions because they want to be the only one who is right and this can take up time and cause conflict. References Chapter 3 foundations of decision making www.ebusinessmanagement.com ezinearticles.com

Short Summary of Vietnam :: Vietnam War Essays

Short Summary of Vietnam Vietnam was a struggle which, in all honesty, the United States should never have been involved in. North Vietnam was battling for ownership of South Vietnam, so that they would be a unified communist nation. To prevent the domino effect and the further spread of communism, the U.S. held on to the Truman Doctrine and stood behind the South Vietnamese leader, Diem. Kennedy and Diem were both killed in 1963 and 1964. Johnson took control of the situation by increasing the amount of money and manpower put into Vietnam. Congress passed the Gulf of Tonkin Resolution, giving the president full military power. After Johnson dramatically escalated the amount of soldiers in Vietnam, The North Vietnamese mounted a surprise attack during the Vietnamese new year, and this strike was called the Tet Offensive. It made America more aware of what they were up against, that the communists were capable of fierce, guerrilla warfare, unlike anything Americans had ever fought before. Images of the terror and disarray reached back home, and the U.S. began to wonder how effective their involvement in Vietnam really was. As we got further and further into the Vietnam War, few lives were untouched by grief, anger and fear. The Vietnamese suffered the worst hardship; children lay dead in the street, villages remained nothing but charred ashes, and bombs destroyed thousands of innocent civilians. Soldiers were scarred emotionally as well as physically, as The paranoia and fear of death never left them. The My Lai Massacre occurred in 1968, when the village of My Lai was completely destroyed, although it did not contain a single enemy troop. Over a hundred villagers were slaughtered. It became clearer to Americans how soldiers were losing control, and how there was no easy way to win this war. The draft took more and more people in as the years went on, and in1968 it peaked to over 500,000 soldiers involved in Vietnam. The government was so desperate for troops that even men with poor eyesight fought, and no education was needed. The people began to strike out and a revolution took place to restore peace to the nation. Some key ways to get the movement attention included student activism and anti-war messages present in songs and literature.

Computer Program and Level Exam Essay

Introduction: Goal of the report Goal of the project Preview of methods and results Methods: Steps you took or actions you did Results: Tell what you discovered in a table or a graph Discussion: Significance of what you found out Recommendations Goals achieved or not Questions raised SESSION ABOUT NAVIGATING THE INTERNET IMRD REPORT The goal of this IMRD report is to describe what I have learned in the session about using the Preimavera program. The goal of this project was to learn how to plan a project from its beginning to the end using a computer program. This report will inform the reader of the methods used, results reached and goals achieved. Methods: Level exam The level exam is basically an exam to know how good your computer skills like sending data through the internet. It’s a simple exam but it is necessary. Theoretical method The first three sessions are mainly theoretical sessions. Where you learn how to plan a project manually without the computer program by using node diagrams and other planning methods Practical method The rest of the sessions are practical sessions where the teacher explains how to operate the program and gives you a small project to plan and helps you master it. Final test The last step is the test you take where you plan a whole project and according to the result you get a certificate that you have mastered the preimavera. Results: Results| Methods| I knew that I was qualified for this course| Level exam| I learned how to plan a project without a computer program| Theoretical method| I learned how to operate the program| Practical method| To get a certificate that I mastered the preimavera| Final test| Discussion: The results above show that I have met my goal for learning how to work on Preimavera program, and I found out that anyone could learn how to use this program, and I still have to learn other planning programs like CANDY. I recommend ZODIAC center for learning computer programs.

Heathcliff: Victim or Villain? Essay

Although Heathcliff was a victim several times within Wuthering Heights, does this justify his immoral actions that hurt those around him? It is true that Catherine is extremely selfish, but she never intentionally or deliberately planned to hurt anyone in this novel. Heathcliff’s manipulative and vengeful actions are truly those of a villain. Heathcliff as a Victim: Nelly’s unwillingness to acknowledge Heathcliff’s presence to Catherine in a crucial time allowed him to overhear the hurtful things that she was saying. If Nelly had tried to stop Heathcliff from running away, he may have been present to hear all of the positive things that Catherine would later declare about him. Although Heathcliff is her soul mate, Catherine married Edgar instead because of his money and social status. Her selfishness makes Heathcliff a victim, and denies him of his true love. Heathcliff is a victim because his parents left him, and because of his darker skin. The Linton’s show prejudice towards him, and judge him by his looks. Catherine as a Victimizer Catherine truly hurts Heathcliff by marrying Edgar, whom she does not love. She knows that Heathcliff is her soul mate, but does not find him suitable for a husband. Her selfishness in turn causes many problems throughout the novel. When Edgar visits Wuthering Heights to see Catherine, she betrays Heathcliff by telling him to leave her and Edgar alone. Although Heathcliff and Catherine’s relationship was very strong, she completely forgets about him once Edgar arrives. Catherine expects everybody to do what she says, and becomes hysterical when  people do not. She pinches Nelly in a fit of passion, which shows her instability as a character. Heathcliff as a Villain Heathcliff purposely influences Hareton, who was at the time a young child, to hate his father. His negative affect on Hareton causes him to curse, and to tell people that his father Hindley is the devil. Heathcliff marries Isabella in order to hurt her brother, and treats her very poorly. He also hangs her dog for no reason other than to hurt anything associated with the Lintons (except Catherine, of course). This brutality shows how strong Heathcliff’s hatred truly was, and shows his willingness to hurt innocent people for revenge. He takes custody of Linton, who is terrified of his father. He is constantly weak, sick, and Heathcliff uses him to secure his fortune at Thrushcross Grange. He bribes young Cathy into marrying Linton, telling her she would not be able to see her dying father unless she did. Heathcliff knew that Cathy loved her father, but held her hostage until he had gotten what he had wanted. This displays how truly selfish he was, and to what extremes he would undergo in order to achieve his goals. Because of Heathcliff’s experiences as a victim, he became stronger and more determined to achieve his goals. However, no person has the right to express their anger on other innocent people, which is exactly what Heathcliff did. At first, we felt sympathy for his lack of luck in the first part of the novel. In the second half, we truly see what a horrible character he turns out to be.

Reasons for a Dysfunctional Family Essay Essays

Reasons for a Dysfunctional Family Essay Essays Reasons for a Dysfunctional Family Essay Essay Reasons for a Dysfunctional Family Essay Essay Reasons for in instance of dysfunctional families/child maltreatment + disregard* Drugs/alcohol* Parents go forthing childs to fend for themselves* Less belonging to churches + moral life lessons* Parent separation + divorce* Baby fillip may promote people to hold kids for the incorrect grounds What are the positive effects of a positive ( good ) self-pride? ] Positive mentalityPositive ideasGood self-esteem degreeGood assurance Self Assurance 1. Assurance is the belief or feeling that a individual has about themselves. which assists them to accomplish in life. The development of assurance may be influenced by civilization. environment. age. ability. life experiences. gender. rearing outlooks. 2. The factors that may lend to the positive or negative development is a hapless mentality. hapless organic structure image. dysfunctional household. Your civilization. environment. age. ability. life experiences. gender. rearing outlooks. 3. The perceptual experiences of muliebrity and maleness on an individual’s development of assurance is strong gender categorizations and stereotypes can do –girls in particular- feel less than male childs. In some civilizations. even in our ain. females are pushed into a lesser mental province. non being able to accomplish every bit much. 4. A ) Achieves hapless faculty members – negative B ) Struggles to do friends – negativeC ) Takes on new challenges – positiveD ) Feels good about their accomplishments – positive Heredity 1. Heredity is the fluctuation in single growing and development is partially a consequence of heredity or familial factors. Genes contribute to differences between males and females and between persons of the same gender. They besides contribute to the similarities between people. Accepting physical visual aspect and difference. along with other familial traits. is an of import portion of development. Genes straight determine an individual’s hair. tegument and oculus coloring material. and certain wellness conditions. Heredity besides has a strong influence on other single features. including tallness. weight. and even personality. Body form is mostly controlled by familial features and. although it may be altered by factors such as diet and exercising. it can non be dramatically changed. 2. The factors that may impact positively or negatively on an individual’s development through heredity are: Positive – olive tegument doesn’t bloom. good wellness. tall. fast metamorphosis Negative – inherited disorders/illnesses. just skin burn easy. really short. slow metamorphosis – prone to burden derive easy. drug/alcohol – negative traits ( e. g. fetal intoxicant syndrome ) . physical visual aspect that draws negative attending from equals. allergic reactions ( e. g. beestings. peanuts. grasses etc. ) Environment Environment refers to the external ( force per unit areas ) factors that influence an individual’s development. Environmental influences on persons change as they move through their life rhythm. Example – Baby is influenced by household. a kid is influenced by kid care/grandparents/carers. kid/teenager is influenced by equals and instructors at school. * Low socio-economic family * Unhappy/unsatisfied parents ( angry family. deficiency of attending. kid may be scapegoat. low regard ) * Loving. secure. stable family

Assisted Suicide Essays

Assisted Suicide Essays Assisted Suicide Paper Assisted Suicide Paper Assisted suicide   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is uncommon today to hear people campaign for or against assisted suicide on televisions and in streets.   Those supporting this act argue that a person, who is terminally ill and in severe pain, may decide that death is a better option.   They also propose that these people have their freedom of choice and should be left to determine their destiny and therefore it is important that the society respects their wish.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Assisted suicide can be defined as the fight for the right to die. Patients are administered drugs by their physicians to end their own lives.   Assisted suicide is related to Euthanasia which comes from the Geek language; eu which means ‘good’ and Thanatos which means ‘death’. It is the termination of person’s life with request from the person who wishes to commit suicide.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Euthanasia can be classified as under passive, active, physician assisted suicide and the involuntary euthanasia.   Active euthanasia can be described as causing death to a person by use of direct actions as requested by them. Physician assisted suicide on the other hand refers   to the practice of supplying information to the patient from the physician.   For instance, a physician may offer an overdose prescription to patients.   The killing of a person without their consent refers to involuntary euthanasia.   This is commonly done to patients in a vegetative state whose recovery is not possible (Robert, 1997). The whole idea of this seems to be that we are giving the doctors the right to kill. If someone wants to die, should they be forced to stay alive I experienced this with my mother-in law. She was very ill for many years but was really afraid of dying; people would always ask if she wanted to die. Now, the question always comes up, Should People be forced to stay alive I believe the answer is No; they shouldnt. By keeping a patient alive who doesnt want to live anymore can be viewed as a cruel and inhumane act. Looking at it from a religion point, most of them tell you to live life as you wish. So with Euthanasia philosophy is most likely, life centered on you and about life after death. The main purpose for pro-Euthanasia I would think is the case of Freedom of Choice. If a person really wants their life ended that badly, then they can choose to do so, but the case is actually making legal the right for a doctor to do so first, because in their constitutional mind, they d o whatever it takes to save a patients life. But even after all the facts and all the standards for making Euthanasia a concept of this nation, there is still the argument of why Euthanasia has to be stopped. Euthanasia is the intentional killing by act or non-act of a self-depended human being for his or her benefit and by their request. The key word in that statement is, Benefit. Is this really a beneficial act and does it help our society I donâ„ ¢t believe that it does help society at all. Looking at what I have written so far, sure, there are some reasons for either side to have the upper hand. But the fact of the matter is that the practice of euthanasia is one of the worst things that can happen in our nation. PHYSICIAN ASSISTED SUICIDE 5 Many things affect this situation and show how horrible of a situation it really is, with things such as government, religion, politics, morals and common sense. For starters, the public has a huge role and say as to how this Euthanasia situation is. A substantial size of todays population feels that it is our democratic right, as individuals, to choose whether it is right or not to terminate someones life. This is not seen as murder by this portion of the population. But the stronger side says that it is Gods call to determine when one of his creationsâ„ ¢ time is over, and that we as human beings are in no position to play God. By having doctors perform the act, they override the divine function and interfere with Godsâ„ ¢ plan. With these religious concerns out there, a lot of controversy can start on the subject. Speaking on the topic of religion and Euthanasia, this subject also gets involved with Religious politics. According to a 2004 Gallup Poll, 53% of Americans think that Euthanasia is morally acceptable, while 41% of society feels that it is wrong. Questioning some of those who attend religious services nearly every week, only 33% regarded Euthanasia acceptable, which makes it a 20% difference. Evaluating these statistics from Gallup, its easy to see that religion plays a huge position in the deciding factors of what Euthanasia is in society. Since religion itself is concerned with issues of meaning and morality, life and death, its not surprising that, for many people, religious beliefs are the main basis for their opinions. PHYSICIAN ASSISTED SUICIDE 6 There are still many different kinds of issues which make the Euthanasia debate keep stirring up our society. Euthanasia comes from the Greek word for easy death and is formally called mercy killing. There are four different types of Euthanasia: Active, Passive, Voluntary, and Positive. Voluntary involves a request by the dying person or their legal guardian. Passive Euthanasia is doing nothing to prevent death or letting someone die, also known as DNR or do not resuscitate. Active Euthanasia involves giving a lethal dose of toxins to cause death, and Positive involves taking deliberate action to cause death. As seen, there are many different ways of going about the situation of killing someone through Euthanasia. Seeing these methods, we know that there is some consent to whether the patient can choose to die and such, but its all about whether the doctor should be allowed to perform the act. In this case, itâ„ ¢s known as assisted suicide or simply helping someone d ie. All in all, its highly unethical for a doctor to participate in such an activity and help someone die when they should by all means be trying to save their life. The most popular opinion of Euthanasia is that this is an emergency exit for people, and if they have nowhere to turn in their time of need, this is their choice. Euthanasia is not going to be for just the terminally ill. PHYSICIAN ASSISTED SUICIDE 7 There are two problems with this: the true definition of terminal and the changes that have already taken place to extend Euthanasia to those who are not completely terminal. Murad Jack Kevorkian, who spoke at the 1992 National Press Club, stated that terminal illness was, any disease that curtails life for even a day Looking at this statement, I think itâ„ ¢s very hard to break down the pain versus time of life to one daysâ„ ¢ pain (Smith 2010). Some laws define the word terminal as relatively short time, and there is also death expected in six months or less, which is also called hospice. With the situation of diagnosing time of life, it seems impossible to tell when someone really is leaving the Earth, such as, if someones supposed to go in a year or so, usually, they last for more like a couple years or more. The resilience of people these days beats a lot more odds than they ever have. Nowadays, Euthanasia activists have dropped terminal condition to other names such as hopelessly ill, incurably ill, or meaningless life (Smith, 2010). An article in the journal, Suicide and Life-Threatening Behavior, described assisted suicide guidelines for those with a hopeless condition. Hopeless condition was defined to include severe physical or psychological pain, terminal illness, or deterioration, physical or mental debilitation or a quality of life that is no longer acceptable to that individual. That means just about anybody who has a suicidal impulse (David, 1995). If we use that fact, saying that anybody with a suicidal impulse is worth giving up is unjust to the individual. We should be helping the people that are going through the hard times and not push them to go and take their own life. PHYSICIAN ASSISTED SUICIDE 8 That is what they are basically told to do when euthanasia is given as an option. Most of the people that are even considering taking their life arent even all the way sain in the head as it is because of how much theyve already been going through. If the definition of terminal has changed this much, then just think how much its going to keep changing. It wouldnt be surprising if terminal illness was considered eventually viewed as something as simple as a bad case of pneumonia. As the definition of sickness keeps getting looser and looser, the more and more doctors are planning on making profits on this money scandal using Euthanasia (David, 1995). Wesley J. Smith, senior fellow at the Discovery Institute, states, physician-assisted suicide, if it became widespread, could become a profit-enhancing tool for big HMOs.drugs used in assisted suicide cost only about $40, but that it could take $40,000 to treat a patient properly so that they dont want the choice of assisted sui cide. This shown is easily a means of cost containment. In the United States, thousands of people have no medical insurance; studies have shown that the poor and minorities generally are not given access to available pain control, and managed-care facilities are offering physicians cash bonuses if they dont provide care for patients (David, 1995). I really donâ„ ¢t think the public will all too happy with this. It would be like refusing someone care after they are hurt. With greater and greater emphasis being placed on managed care, many doctors are at financial risk when they provide treatment for their patients. PHYSICIAN ASSISTED SUICIDE 9 Legalized euthanasia raises many issues for the medical community. For example if a seriously ill or disabled person chooses to die rather than receive long-term care this will definitely impact the financial security and future of many medical professionals. When they are no longer able to provide long term care to these patients who normally would live at a medical facility for years. By taking that option away by offering euthanasia, you impact the financial aspect of the medical fields by possibly millions of dollars. If euthanasia does get legalized, and choosing death is ok and the doctor is allowed to perform this, then doctors are going to try and convince everyone not do take this route. Since this is going benefit them and have them profit off of it, then of course theyâ„ ¢re going to do anything they can to argue why they shouldnt be living the life they are living and will probably even stretch a lot of the truth about the current condition they would be in. As Leon Kass, M.D., Ph.D. said, The prohibition against killing patients stands as the first promise of self-restraint sworn to in the Hippocratic Oath, as medicines primary taboo: I will neither give a deadly drug to anybody if asked for it, nor will I make a suggestion to this effect As much as Euthanasia supporters will say, Euthanasia will not only be voluntary to the public (David, 1995). For this fact, psychological and emotional pressures can stand in the way and if theyre saying that its basically the same situation by choosing life or death, then the patient would feel guilt and want death (David, 1995). In the state of mind that one of these people will be in can determine wether or not they go though with it. PHYSICIAN ASSISTED SUICIDE 10 References: 1. Koukl, G. (1998). Religion and euthanasia. Retrieved from str.org/site/News2page=NewsArticleid=5235 2. Stevens, L. (1998). Suicide: a civil right. Retrieved from antipsychiatry.org/suicide.htm 3. Smith, W. (2010, June 21). Jack kevorkian admits to committing second murder on larry king. Retrieved from firstthings.com/blogs/secondhandsmoke/2010/06/21/jack-kevorkian-admits-to-committing-second-murder-on-larry-king/ 4. David, B. (1995). Risk factors for adolescent suicide and suicidal behavior: mental and substance abuse disorders, family environmental factors, and life stress. . Retrieved from http://psycnet.apa.org/fa=main.doiLandinguid=1996-17409-001

Writing an Email at College. Basic Rules

Writing an Email at College. Basic Rules Email Etiquette For Students The times, when you needed to talk to your professor face-to-face, discussing details of the assignment or asking for a piece of advice, have long gone! Now you can simply send an email and reach your professor in a blink of an eye (of course if he allows). In order to avoid misunderstandings and awkward situations, it is important to know the peculiarities of email etiquette. To simplify the process, we have collected the best tips for students of all academic levels and background. Just use them and become an email guru. To Send or Not to Send? Situations, when you can email the tutor or other college staff: You have faced an urgent problem, which should be solved without delays but the receiver is not in the office; You have a solid excuse for not attending the office in person. For example, you are out of town or ill; The question is very simple and requires a very brief answer; Your assignment can be sent via email. When you shouldn’t email your tutor or college staff: The problem is too difficult to be solved via email; Delivering assignment to the tutor, who made it clear that he doesn’t want to receive an electronic version of the paper; Asking for prolongation of the assignment; The topic of the letter is time-consuming and requires quite a long conversation. Appropriate Email Address If you want to get in touch with your professor, it is necessary to use a college email (if you have it) or make sure that your address is professional and appropriate if you are using another email provider. This will prevent you from feeling awkward, because contacting a tutor, using an email like [emailprotected] may is not the best idea. If your email address consists only of initials, you need to identify your personality in the letter. If your class is really big, you also need to specify details of the division and class to make sure the professor knows the sender. For example, this is Anna Kent from Chemistry class 9.30 – 10.30, division 002. Always Use the Subject Line Never neglect to fill in the subject line, as you will surely seem unprofessional. Writing an email, you need to make sure the subject line contains all the information on what your letter is about. If you don’t fill in this section, your email may end up in a spam folder. The system will simply recognize it as a random content and will find it not relevant. Contact Your Tutor Directly Instead of immediately starting the letter with your request, it is better to show your respect and set a professional tone for the whole email. Start your letter with ‘Dear Dr. Jones’ or ‘Good morning Dr. Richards.’ Be Polite Not depending on the reasons why you are writing the letter to your tutor, you must remain polite and calm. Never demand anything, don’t accuse your professor and don’t forget to use words like please or thank you. When working on the email, stick to professional academic style. Instead of slang, use a broader vocabulary. Remain Specific You need to remember that there are thousands of students in your school or college, so it is entirely possible that your professor gets tens or even hundreds of letters every day. He doesn’t have much time reading long and confusing emails, so it is important to make your letter brief and straight to the point. Make sure you concentrate on a single subject without any confusing details and irrelevant topics. Remain Positive It is quite easy to be wrongly interpreted, especially when you are sending an email and not talking face-to-face. That is why you should avoid using negative words and expressions not to seem depressed, scared or blaming professor for something. However, emoticons, smiley faces or winks are not appropriate if you are sending an email to your tutor or college staff. Mention Attached Files Most likely your tutor will open the attachment either way, but it will still be more professional to indicate what you have attached. Include the name of the file, its format and program’s version to the description. For example, It is attached: ‘Mr.SmithEssay.doc.’ This file is in MS Word 2016. The best format to send your attachment is PDF, which is compatible not depending on the operating system your professor uses. Letters of Problems and Complains Ideally, all of the negative aspects should be addressed during a personal meeting. However, if the problem can’t wait and your tutor is not in the office, you can write an email being very careful and attentive. Remember that you shouldn’t write the letter when you are angry, so before pressing the send button and regretting afterward, try to take some time to cool down. Proper Ending Never press the ‘send’ button right after writing the last sentence of your request. To make sure that your email is professional and appropriate, you should always end it in a respectful manner. Use such ending, as Thank you, Kind regards, Respectfully, Sincerely and add your full name. Every email provider has a Signature feature in the setting menu, where you can enter the text, which will be added automatically to every letter. For example: Sincerely, Amanda Boyle Proofreading and Editing Before sending your letter, make sure you reread it a few times to eliminate grammar and spelling mistakes. Your email must be academic and professional, and not as if you were sending funny puppy videos to your classmates. Once again check whether your email consists of full sentences contains no slang and abbreviations. When your email is edited, you can hit the send button. To establish and maintain positive relationships with your tutor and college staff, you need to pay careful attention to the etiquette, when writing emails. Mentioned above tips will surely help you with creating a professional, polite and specific email to reach any goal you may have.

Pay For Play Essay Example | Topics and Well Written Essays - 1000 words

Pay For Play - Essay Example I have chosen to write about this topic as I have seen college athletes undergoing much sacrifice and bring money but they are not paid in return. Second reason I chose this topic is because I have been a football player in college and I understand what it means to work to get money for extra spending. So I believe that college athletes should be paid has they put lot effort in bringing advantage to college. (Thesis) College athletes have developed into uncrowned and undefined athletic heroes who strive and struggle to bring a well -defined fame and earn an overly demarcated reputation for the institute, which has been over the years counted as their performing duty that calls for no justification to be paid financially. However, I strongly believe that the regulations regarding payment of college athletes be changed because these players bring in too much money and put in too much work for them to not be earning a paycheck. Major sports played at college-Sports have been an integral part of college education and it has always encouraged and inspired students to be more active and contribute to the college heritage. The colleges hold sport events on a regular basis and it has been a way to explore the talent and skill of students from a different dimension. Sports have united and inspired young men to be able and fit to become a professional sportsman. The major sports played at college and university level are football, basketball, baseball and softball. The history of sports at college and university can be traced back to couple of centuries History of college sports-The history of college sports is thought to be originated around 1850s and since then it has been evolved to become a major mission in educational campuses across America. It has been regarded as the perfect physical activity and the desire of the young men. The competitive spirit and vigor which consisted in college sports hiked the mental and physical pleasure of the students. The college autho rities elaborately planned sports activities which motivated the students immensely and sports event on college and national level became a prestigious venture and money making phenomena for college authorities. On the other hand, the students athletes remained thrilled about being college’s selected people and representatives of college on state level. Moreover, the media kept the young athletes in the lime light and the scholarship provided by colleges to them stood as a bonus. Recruitment of college athletes -Recruiting is a significant phase in college sports. The recruitment process is headed by college coach and large amount of power is vested with him in selecting the college athletes. It has been experienced that the selection procedure of athletes many a times is subjected to bias and discriminations. For the recruitment procedure, the athletes are required to do rigorous practice and this take lot of energy and time of the students which ruined their academics. The most important point in consideration is that these institutes that have been developed to nurture, maintain and enhance the intellectual minds at the professional level and speed up the purpose of taming the existing skills into more sophisticated commercial and other practical uses, when they employ physical strengths of the same youth alongside to the above mentioned rational goals, how could they be ignorant of giving the youth the required motivation to grow in athletics? (ESPN Colleeg Sports, 2013)However, when it comes to payment

Visual Heirarcy and Mind Motion in Printed Advertising Research Paper

Visual Heirarcy and Mind Motion in Printed Advertising - Research Paper Example Gestalt psychological theory is the basis upon which the concept of hierarchy is construed. This 20th century German theory recommends that the human intellect has an instinctive organizing propensity that â€Å"structure individual elements, shapes or forms into a coherent, organized whole† (Ian, 2008, p.256). The word Gestalt in English means â€Å"form,† â€Å"shape,† or â€Å"pattern† (Rune, 2010). Ideally, when a visual component set its self apart from the ‘whole’ shaped by a person’s intellect perceptual organization, it becomes very conspicuous in the eye of the observer. Usually, the shapes that are the most conspicuous are those that highly set themselves apart from their surroundings and identified by the viewer through mind motion. As a matter of fact, the human brain uses distinctive physical characteristics to differentiate objects from others. These characteristics can be categorized into four aspects including character, alignment, size and color. The aspect of color, which perceives texture, includes saturation, hue, and value. Size explains the surface area of a structure while alignment is the aspect that describes the array of structures with regards to their orientation, direction, or pattern (Feldsted, 1950). Character is the curvilinearity and rectilinearity of structures. In view of this, a distinction between structures can be drawn from the differences in these characteristics. ... ar is organized with respect to the significance of each concept, the visual hierarchy in print advertisement is organized in a similar manner (Groeger, 2002). Visual hierarchy is one of the most significant concepts behind effective print advertisements. This paper will study why developing a visual hierarchy and mind motion is important when designing a poster, the theory behind it, and how the very principles can be used to put these concepts into practice. Design is equal to communication The basic idea behind a print design is visual communication. As such, an effective advert designer should able to evidently communicate their thoughts to the audience failures to which they can lose their attention. Interestingly, most people are visual thinkers rather than data processors, and that is why they do not pay attention to huge blocks of information. This happens because people categorize what they see based on â€Å"visual relationships†, instead of taking visual information and processing it uniformly. In the above illustration, chances are that a certain person may fail to notice the two circles but rather notice one red circle and one black circle. The reason why this happens is because, when a person is presented with simple things like two circles, they tend to find a way of differentiating them rather than just observing the two circles. Therefore, people use such differences to make a distinction between objects at attach unique meanings to them. In the above figure, since the level of complexity has been increased, the viewer’s desire to categorize the images in respect to the relationship has become even higher. The basis upon which the shapes are viewed through includes the similarities and the differences. The differences in scale imply that one image is

Taxation Principles and Concepts (Taxation) Coursework

Taxation Principles and Concepts (Taxation) - Coursework Example A capital allowance refers to the amounts in cash that a business operating in the United Kingdom can deduct from the overall income tax on its profits or the corporate tax. The sources of these sums of money come from certain purchases as well as investments as outlined in the Capital Allowances Act of 2001 (Channer & Rogers 2007, p.xiv). A business or corporate organization can claim capital allowances on the costs of cars, vans and machines purchased for business use, or other assets in the business such as scaffolding, equipment, ladders, furniture, computers, and tools. In addition, a business can also claim capital allowances on the expenditures incurred on plant and machinery, as well as, on facilities and equipment used for research and development, and items that a business operator uses privately before using them commercially. Another capital deduction occurs on the premises used for the company to run its business, such as improving a property, and converting a space abov e a building for rental purposes. As for your case Tobby, you can claim capital allowances on the following items: computers, car, premises and rent for Tamara. The capital allowance on computers is ? 200, car as ? 2,700, premises at ? 12, 5000 and Tamara’s rent at ? 4,000. As such, the total capital allowance that Tobby can claim from the tax authority is ? 19,400 (Dunn & Rogers 2008, p.664). The taxable profits of Lewis include all the expenses as well as the revenues generated by the company. The taxable profits include a deduction of all the expenses that are incurred in the business. These include the rates at 1,500, telephone charges for business calls only at 1,000, light and heat for the whole property at 3,000, NIC contribution for himself at 1,000, wage expenses for lily at 20,000 and for himself at 25,000. The other expenses also included in the expenditure of the company are car-running costs at 6000, depreciation expense on the cars at 4,000, loan repayment costs at 3,500, interests on loans at 5,000, insurance charges at 1,800, advertisement expenses at 1,500. The other additional expenses recorded in the business include parking fines at 1,000, gift aid donations at 1000, membership at a sports club for 900, and donations for lewisham hospital at 1000. He further needs to add an additional expense of wages, which he pays to Tamara at 20000 for the part time job she performs at his corporation. This totals all the business expense to ? 77,200 (Gabay, et al. 2007, p.180). This total expenditure by the business of ? 77,200 shows that the business in incurring a lot of expenses which in turn reduce its level of profitability. In order to calculate the profitability of the firm, this includes a deduction of the expenses from the revenues or incomes made or generated by the firm. The general income made by the business from its business processes and activities is ? 90,102, and a subtraction of the two provides the business profits at ? 12,102. This is the general profit, which is subjected to taxation as the income made by the business during the fiscal year under operation. As such, the profitability of the company for the year ended 31 July 2013 was ? 12,102. The projected assessable profits for the business in the fiscal year ending 2013/2014 were ? 12,102 plus the deductible allowances for the business (Gupta 2003, p.67). The best way to set an accounting year is to position it in line with the financial year of her majesty’

Development of modern educational system Essay Example | Topics and Well Written Essays - 2000 words

Development of modern educational system - Essay Example But I decided to help him out. He knows he is smart enough to even beat others. He worked so hard at reading, but it just never gets easier. Astutely observing his tribulations, his problem came out as 'Dyslexia'. Dyslexia is a brain-based type of learning disability that specifically impairs a person's ability to read. [cite this] Dyslexic children seem to have trouble learning early reading skills, problems hearing individual sounds in words or phrases, examining whole words or sentences in parts, and amalgamating sounds into words. Sometimes they may not differentiate between the letters "b" and "d". The words and sentences seem to them as if they are mingling together or overlapping each other or even moving on the page. It can also be innate in some families; even a number of genes may develop dyslexia. These students are easily being teased, even neglected in social or educational institutions. Though some may have remarkable talents in art, athletics, architecture, graphics, d rama, music, or engineering but they do not realize because of their shyness [cite this]. The vital thing is to help these children in muddling through and providing 'inclusive' education to all schools and colleges. Baroness Warnock (2005) advocated the idea of 'inclusive' education and schools by transferring the students, with special needs, to mainstream schools from special educational institutions. The questionnaires design... The questionnaires designed to scrutinize analysis are very accommodating and helpful to get awareness of their approaches to learn, for the students as well as teachers. Sufficient rigorous ways for setting the more quantitative outcome are obligatory and reliable ascriptions made to the intrusions. Changes found could provoke the factors, such as incentive-ness, self-esteem, sense of worth, and concentration by teachers and it is important to control for as many (Martimore, 2005). So many arguments and actions in the area of 'inclusion' have been focused on altering mainstream schools to comprise pupils who have restrained learning difficulties or any disabilities. The focal point is clearly on learning obscurities as being at the interface between the pupil, teacher and curriculum. Individual program plans should never be taught in isolation [needs citation]. It is a fact that these children will be there and that they are entitled to our attention and the same standard of education as any other child in a class. Challenging behavior can be viewed as an annoyance and source of irritation in the classroom, or as an opportunity to develop new skills and understandings about teaching and learning. 'If a child does not learn the way you teach then teach him the way he learns.' (Chasty, 1999) Some of the main hindrances in achieving inclusive education system were the stringency present in the current education system. The SENCo-Forum, Special Educational Needs Action Programme, mentioned some of the rigidities in achieving inclusive system in educational environments (NASEN, 2004). Inclusive education needs the expert staff levels to meet the

Lyndon B. Johnson And The Tet Offensive Research Paper

Lyndon B. Johnson And The Tet Offensive - Research Paper Example Most of his concern however is in the president at that particular period of time president Lyndon B, Johnson and his contribution to the war after President Kennedy. In American history and survey, the story is the same but to some extent; they tend to support the war and the actions that took place during the war. In the first article, Rollins Glasser explains how hard it was for Vietnam during this time of the war. â€Å"If there is more to say it will have to be said by others, though I wonder how they will do it. There is no novel in Nam, there is not enough for a plot, nor is there really any character development if you survive 365 days without getting killed or wounded, you simply go home and take up again where you left off.† (Rollins, 233) by this, Ronald clearly showed opposition to the war that was in Vietnam. In his book, he clearly depicts the difficulties that the Vietnamese were going through. This was because the whole media and human rights grouped had moved in to bring the negative side of the war and forgot to focus on the positive side of the war. There were lots of films and books that various personalities published so as to oppose the events that led to the war. All these ideologies originated soon after the Tet offensive and the American people now had the true p icture of what was taking place in Vietnam (Ayers 89). The second article emphasizes that the Vietnam War was one of the bloodiest wars of all time with casualties going up to a million on both sides. The war began due to the common belief that Americans believed that communisms was spreading all through south-east Asia. Due to the nuclear power that both the united states and the soviet union had at the time, neither was willing to risk war with the other and as a result decided to finance the other nations to fight the cold war. The Vietnam War started soon after the struggle for the country had stopped by the French power. It was during this time that the country was

Advanced Accounting Theory Essay Example | Topics and Well Written Essays - 500 words

Advanced Accounting Theory - Essay Example It implies that a company is governed by the accounting standards and principles of the jurisdiction(s) within which it operates. Similarly, the preparation of its accounting reports is limited only by the GAAPs of the jurisdictions within which it operates. One of the arising issues when it comes to GAAPs is the need for a single set of GAAPs. This concept is discussed, with preponderance for the establishment of such a set of global GAAPs. As it has been noted, one of the most significant notions, that is rather thematic of GAAPs, is the concept of jurisdiction. GAAPs operate within a particular jurisdiction, which may be a country, or an economic bloc, such as the EU. Traditionally, GAAPs tended to have the country as the highest territorial level delimiting their jurisdiction. This scope of jurisdiction tended to suffice, owing to the fact that most companies operated within a single nation. However, with increasing internationalisation, and the establishment of economic blocs such as the EU, there was need to establish a more comprehensive set of principles, in order to harmonize financial reporting. Such harmonization was desirable, in lieu of the fact that companies now operated within many different nations. Indeed, the EU has established several directives such as the 4th and 7th directives on company accounts (Elliott & Elliott, 2013). The question that then begs is, can the same scenario be replicated on a gl obal scale? One of the most significant trends is the globalisation of among other things, business activities. This globalization is not only in terms of firms reaching out to new markets, more increasingly, it is about such companies outsourcing their labour and ultimately, entire production processes. Since the countries are not within the same jurisdiction, territorial or otherwise, this implies that operations within different countries are subject to different accounting treatment. The

Lyndon B. Johnson And The Tet Offensive Research Paper

Lyndon B. Johnson And The Tet Offensive - Research Paper Example Most of his concern however is in the president at that particular period of time president Lyndon B, Johnson and his contribution to the war after President Kennedy. In American history and survey, the story is the same but to some extent; they tend to support the war and the actions that took place during the war. In the first article, Rollins Glasser explains how hard it was for Vietnam during this time of the war. â€Å"If there is more to say it will have to be said by others, though I wonder how they will do it. There is no novel in Nam, there is not enough for a plot, nor is there really any character development if you survive 365 days without getting killed or wounded, you simply go home and take up again where you left off.† (Rollins, 233) by this, Ronald clearly showed opposition to the war that was in Vietnam. In his book, he clearly depicts the difficulties that the Vietnamese were going through. This was because the whole media and human rights grouped had moved in to bring the negative side of the war and forgot to focus on the positive side of the war. There were lots of films and books that various personalities published so as to oppose the events that led to the war. All these ideologies originated soon after the Tet offensive and the American people now had the true p icture of what was taking place in Vietnam (Ayers 89). The second article emphasizes that the Vietnam War was one of the bloodiest wars of all time with casualties going up to a million on both sides. The war began due to the common belief that Americans believed that communisms was spreading all through south-east Asia. Due to the nuclear power that both the united states and the soviet union had at the time, neither was willing to risk war with the other and as a result decided to finance the other nations to fight the cold war. The Vietnam War started soon after the struggle for the country had stopped by the French power. It was during this time that the country was

Oil ALternatives Research Paper Example | Topics and Well Written Essays - 3750 words

Oil ALternatives - Research Paper Example Impacts of Alternative Fuels 1. Environmental Impacts 2. Social Impacts 3. Economic Impacts Conclusion: More research must be done on the various sources of fuel other than oil, in order to identify the most suitable and environmentally beneficial alternative. Karen Duneen Margaret Wilhelm English 1102 24 Apr. 2012 OIL ALTERNATIVES Alternative and effective sources of energy to oil must be found, as oil is a limited resource which is extremely bad for the environment. Oil is a non-renewable energy which is obtained through the drilling of oil reservoirs in particular regions. In the contemporary world, our daily operations are driven by oil (Sherman and Freemuth 6). The industrial world is well aware of the significance of oil in its operations. Ostensibly, oil was a great catalyst of the industrial revolution and was instrumental in enabling the economic advancement of numerous countries. Petroleum is the fuel of choice for industrial equipment while others are run by diesel. In the past coal was the preferable fuel until oil became known as a better alternative. A vast proportion of automobiles for example, are reliant on oil since they encompass oil-dependent engines. In addition, modern ships and boats have a structure that requires oil to propel it to various destinations. The aviation industry also constitutes engines that require the introduction of oil into their systems to enable them to function properly. Evidently commercial industries have been integrated with oil since it is cheaper and widely useful in most of their operations unlike electricity. Petroleum has high-energy capacities; its transportation is relatively easy and efficient in initiating numerous operations (Sherman and Freemuth 6). Its relevance in modern society is growing with most of its producers emanating from the Arab countries such as Saudi Arabia and Iran. Processing of oil also gives rise to several oil products like kerosene, diesel, petroleum, and gasoline. Kerosene is instr umental in cooking and other domestic tasks that require fuel. Invariably, oil is an essential element in the manufacturing of products that comprise of clothing, ink, crayons, paints, upholstery, antiseptics, heart valves and many others. Oil is increasingly becoming essential and thereby its price fluctuates especially in recent years. Recently doubts regarding the abundance of oil are surfacing, together with the detrimental effects of oil pollution to the climate. According to Sherman and Freemuth (7), oil is a finite resource and hence upon exhaustion the suppliers cannot replenish it. This suggests that oil is not adequately dependable as a resource in the end. This element has facilitated the debate of adoption of other renewable resources of power as an alternative to oil. There is a simmering debate over the possibility of replacing oil as the predominant energy resource, due to its limitations. Irrespective of the high-energy capacities of petroleum, it is essential to ack nowledge the fact that oil is a limited reserve. There are dreadful assertions that some of the oil wells could be drying up since there is a reduction in the quantity of oil barrels that they produce. Such a stance also has undesirable ramifications politically, socially, and economically. Evidently, there is an increasing global effort in initiatives resulting from this awareness, for example, the introduction of electric cars and the manufacture of environmentally friendly containers. The alternative sources of energy will mitigate the

Term Exam Sample Paper Essay Example for Free

Term Exam Sample Paper Essay This sample test should only be used as a guide to the styles of questions. The topics covered here are not exhaustive. Your revision should not be based on these set of questions only. The level of difficulty of this sample test is also NOT indicative of the level of difficulty of the actual test. The answers are provided at the end of the document. 1. A reasonable estimate of the annual standard deviation of return of the stock market would be? a. Less than 5 percent. b. Between 5 and 10 percent. c. Between 15 and 25 percent d. More than 30 percent e. Impossible to estimate 2. A project has an expected cash flow of $200, in year 1. The risk-free rate is 6%, the market rate of return is 16%, and the projects beta is 1. 5. Calculate the certainty equivalent cash flow for year 1. a. $175. 21 b. $164. 29 c. $228. 30 d. $212. 56 e. None of the above 3. Share X has a standard deviation of return of 10%, share Y has a standard deviation of return of 20%. The correlation coefficient between the shares is 0. 5. If you invest 60% of your funds in share X and 40% in share Y, what is the standard deviation of the portfolio? a. 10% b. 20% c. 12. 2% d. 14. 0% e. None of the above 4. Richard Rolls critique of tests of the capital asset pricing model is that: a. Given an efficient market portfolio the CAPM is tautology b. The market portfolio is not efficient c. You need to test the model using the market portfolio for all capital assets d. a and c e. a and b 5. The Template Corporation has an equity beta of 1. 2 and a debt beta of . 8. The firms market value debt to equity ratio is . 6. If it undertakes a new project with the same risk profile, what is the project beta (assuming zero tax rate)? a. 0. 70 b. 0. 72 c. 0. 96 d. 1. 04 e. 1. 05 6. Consider following data on three shares: Share Standard Deviation A 0. 6 B 0. 30 C 0. 20 Beta 1. 00 0. 80 1. 29 Assuming that you wished to minimise risk, you would select share if the share was held in on its own, and you would select share if the share was to be added to a portfolio. a b c d e 7. A, A A, B B, A B, C C, A In a portfolio of three different shares, which of the following is NOT possible? a. b. c. d. e. The ris k of the portfolio is less than the risk of each of the shares held in isolation. The risk of the portfolio is greater than the risk of one of the shares. The beta of the portfolio is less than the beta of each of the individual shares. The beta of the portfolio is greater than the beta of one of the individual shares betas. The standard deviation of the portfolio is greater than the standard deviation of the risk free asset. 8. You hold a diversified portfolio consisting of 20 different shares with $1,000 invested in each. The portfolio beta is equal to 1. 35. You have decided to sell all your holding of Edna Average Cosmetics Ltd which has a beta of 1. You will reinvest the proceeds in Aggressive Action Ltd which has a beta of 2. What is the new beta of the portfolio? a. b. c. d. e. 1. 35 2. 35 1. 45 1. 10 1. 40 9. A company is considering an investment in a new project. That project is best evaluated as though: a. b. c. d. e. It is a stand alone project independent of the company and so its risk is measured as variance. Its risk is adjusted to allow for diversification with the companies existing projects Its cost of capital is the weighted average cost of capital Its risk is evaluated as though it were traded in the capital markets None of the above 10 Is the portfolio with the minimum possible variance an efficient portfolio? a. b. c. d. e. Yes No Yes, but only for risk loving investors Yes, but only for investors who will not take any risk. Yes, but only for investors who are risk neutral. 11. For a two-stock portfolio, the maximum reduction in risk occurs when the correlation coefficient between the two stocks is: A) +1 B) 0 C) -0. 5 D) -1 E) None of the above 12. The variance or standard deviation is a measure of: A) Total risk B) Unique risk C) Market risk D) Bankruptcy risk E) None of the above 13. The risk of a well diversified portfolio depends upon the A) Market risk B) Unique risk of the securities included in the portfolio C) Number of securities in the portfolio D) Variance of the portfolio E) None of the above 4. A factor in APT is a variable that: A) Affects the return of risky assets in a systematic manner B) Correlates with risky asset returns in an unsystematic manner C) Is purely noise D) Affects the return of a risky asset in a random manner E) is generally not correlated with stock returns 15. A company has a cost of capital of 15%. However, it is introducing a new product that it considers to be a ver y risky endeavour to a well diversified investor. What can you say about the appropriate discount rate for the project? A) The rate used should be 15% B) The rate used should be lower than 15% C) The rate used should be greater than 15% D) Any rate between 12% and 18% is acceptable E) The rate should be the expected market return. 16 What has been the average annual rate of return in real terms for a portfolio of U. S. common stocks between 1900 and 2006? a. Less than 2% b. Between 2% and 5% c. Between 5% and 8% d. Greater than 8% e. Greater than 20% 17. Mega Corporation has the following returns for the past three years: 8%, 12% and 10%. Calculate the variance of the return and the standard deviation of the returns.

A Theory of Justice Presented by John Rawls Essay -- inequalities, f

In A Theory of Justice John Rawls presents his argument for justice and inequality. Rawls theorizes that in the original position, a hypothetical state where people reason without bias, they would agree to live in a society based on two principles of justice (Rawls 1971, 4). These two principles of justice are named the first and second principles. The first is the equal rights and liberties principle. The second is a combination of the difference principle and the fair equality of opportunity principle, or FEOP (Rawls 1971, 53). Rawls argues that inequality will always be inevitable in any society (Rawls 1971, 7). For example, there will always be a varied distribution of social and economic advantages. Some people will be wealthier than others and some will hold places of greater importance in society. Rawls’s argument is that to ensure the stability of society the two principles of justice are needed to govern the assignment of rights and regulate the inequality (Rawls 1971 , 53). Any infringement of an individuals rights or inequality outside the parameters of the principles of justice are unjust. In order to understand Rawls, one has to understand the theoretical concept of the original position. It lays the groundwork for Rawls’s argument by providing a foundation for society. Calling it a state where people reason without bias is a very general definition that does not at all fully explain all of the different aspects of the original position. The original position, according to Rawls, has to do with a social contract (Rawls 1971, 11). People agree to rules in society that are pursuant to their own general well being. However, they decide on these rules behind what Rawls calls a veil of ignorance. Behind this veil of ignor... ... his principles of justice to evaluate such an inequality. If rights were not being infringed then he would immediately move on to the second principle criteria. In this scenario, if the workers were getting the greatest benefit then the inequality presented would be justified. For example, if the corporation were putting the increased profits into safer equipment for its workers, or providing insurance, compensation, etc. then it could be said that the inequality is justified. However, if the corporation were keeping it’s profits then the workers are least advantaged, but not getting the greatest benefit, so the inequality would be unjust in Rawls eyes. Allowing the inequality to continue would lead to instability in society and it would violate Rawls’s principles. â€Æ' Works Cited Rawls, John. A Theory of Justice. Cambridge, MA: Belknap of Harvard UP, 1971. Print.

The Silver-tongued Rapist in Vladimir Nabokovs Lolita Essay -- Naboko

The Silver-tongued Rapist in Lolita    You can always count on a murderer for a fancy prose style. So says Humbert Humbert at the start of Lolita in his account to the "Ladies and gentlemen of the jury" (9). He refers to himself as a murderer (he is, after all, "guilty of killing Quilty"), not as a rapist, the far more serious offense Lolita levels at him. That I, and everyone else who reads the book, call Dolores Haze by the name "Lolita" demonstrates the efficacy of Humbert's fancy prose style - under the spell of his aesthetic mastery, we, the jury, must bend to his subjective vision through memory, and thus we see the twelve-year-old nymphet as Lolita, as she is in Humbert's arms. It is difficult to castigate Humbert when we see the world through his European eyes.    Humbert's main strength is his sense of humor. Nabokov is sure to throw Humbert's way all the American kitsch he can handle - mostly in the form of Charlotte Haze. His sly insults sail over her head, but Humbert wins our approval by making sure we understand them. Similarly, we admire him be...

New Venture Creation

Introduction of a New Venture Creation Our aim- to engage with SimVenture; a business simulation that allowed us to build and sell computers through our virtual company named ‘Genesis’. The formation and running of our virtual company integrated us with new venture creation and about being an entrepreneur. It reinforced concepts previously presented in our course lectures and engaged us in a competitive and volatile business environment. SimVenture ran for three virtual years with five members on its team- each with a different role in the company. [pic]Home Screen for Genesis on SimVenture This report accounts for the working and performance of Genesis in financial and operational terms with the key decisions taken in running the organisation, and my involvement in the operation of the business. We needed to fully utilize the features that arose with new ventures, by making sound decisions. These features included innovation, fast growth, vision, employment creation and money making power, along with the ability to take greater risks for higher returns. (Stages in Planning for a New Business Venture)The Operation of Genesis After conducting market research, we decided our target market to be the ‘Corporations’ industry due to its characteristics of high order and market size. Selling points were decided after noting the requirements of Corporations, demonstrating that we used consumer driven marketing strategy where we researched the needs of the consumer before making our product. Competitor research was also carried out to see what products were offered at what prices so that we could decide the mix of attributes and price of our product.In an article ‘How Competitive Forces Shape Strategy' in Harvard Business Review (2008), Michael Porter discussed the factors that lead to changes in strategy due to competition. As per the needs of Corporations, our product design had vast features, good performance and style, and average qua lity. We purchased components for Genesis throughout the three years from a small wholesaler, Sourceline, who offered the best discounts relative to credit terms. From commencement, we decided to outsource all production since this would give us more time to invest somewhere else in the business.This however, can affect the business negatively because of problems of relying on the producer in terms of delays. Even so, this saved us time, space and equipment. (Harvard Business Review, 2008) Genesis Product Mix Customer feedback research was carried out every quarter of the financial year till the end of the period, keeping us well informed of customer feedback on our product. Customer Feedback for Genesis [pic] Our goal for Genesis was to be a well known and highly publicized brand within these three years of operation.As per our marketing strategy, rigorous advertising was carried out with the local newspaper. TV and radio adverts were included along with trade magazines. A network was joined where entrepreneurs would meet and increase their business circles and potential customer base. Leads were generated starting from 1000 going up to 9999. A premium website was also created for e-commerce and to provide online customer support. Lastly, we held annual exhibitions for three years at ‘Meet the Corporate Buyer’ to promote our product to the corporate sector.Competitive pricing was adopted, making the product relatively cheaper for the superior attributes Genesis offered as compared to the competitors. Sales channels were kept at various hours in personal selling (entrepreneurial marketing) and a contract with a distributor to sell our product from the second month of the operation of Genesis was concluded. In the third year, a major accomplishment of the business was the addition of another distributor which sufficiently expanded sales. (Establishing Competitive Prices)The ‘Organisation’ I started my role of the ‘Organisationâ⠂¬â„¢ by the completing all legal requirements within the first month of the running of Genesis. This would give us an upper hand in the future, where legal requirements may need to be met. For example, if we urgently required another employee to increase the workforce, time would not be wasted, as our Employee Contract would already be prepared. Also, setting up a Limited Company would portray Genesis as a more professional and successful company, making it better for its image.Furthermore, Health and Safety Contracts and Distributor Contracts were created in order to avoid any problems later when employees needed to be hired or when we contracted with a distributor. [pic] The second step was of recruitment and selection. With the feedback of the team, we gradually increased the number of employees working for Genesis, ensuring that all of them were proficient in a variety of skills. Joseph Schumpeter states, â€Å"Individuals with key experiences and expertise are key elements in the new venture creation†- Schumpeterian ?Unternehmergeist' (Fiery souls). Therefore, all the employees, including the entrepreneur, received significant amounts of training so that they could work to the best of their potential. As numbers of employees grew, we shifted from external sources of training to on the job training. This decreased our costs since more employees could avail the training opportunity at the same cost. It was crucial to ensure that stress levels for the employees and entrepreneur was controlled, because if neglected, this would decrease efficiency and lead to obscuring time management.The entrepreneur was heavily trained in sales and marketing, fields he was not experienced in, since being an only employee at the start, it was up to him to suffice sales. Another key decision taken was that the entrepreneur was made to work full time and quit his previous job (as long as his income was not less than that at his previous job as this could be a dissatisfa ctory factor), so that he could concentrate more on Genesis and make it his primary source of income. (Wikipedia, Joseph Schumpeter) Workforce of Genesis [pic] The third limb of organisation was resources.Before incurring any shortage of storage space, Genesis was relocated onto bigger and more favourable premises with 1000 square feet of space, gaining a better image within the first year coupled with enhancement of our customer pool. We continued to purchase tools, office equipment, furniture, and transport so that the employee to resource ratio was not distorted to lower productivity. Finally, maintenance, cleaning and IT support were also contracted out, creating a sound structural base for Genesis and saving time on trivial matters. pic] Relocated Premises of Genesis Financial Aspect of Genesis This section will critically evaluate the financial performance of Genesis and will be an explanation of the available financial data on the business. [pic] First and foremost, we needed our monetary sources mapped out to overcome the financing gap many small firms face. The ? 10000 of savings of the entrepreneur was taken as the start-up capital to finance our new venture. We also acquired two grants of ? 500 each from the government for training and promotion of new ventures.Being a new business, we could avail the option of taking a loan from friends and family or from a bank, but opted not to do so as this would only raise our future costs in terms of interest payments. Lastly, selling equity to private investors was ruled out as we did not want to dilute the ownership of the business. We hired a bookkeeper in the first month of the business so that we could be updated with the accounts and forecasting of Profit and Loss, Cashflow, Balance Sheet, Ratios, Budgets and Targets. This is crucial for any business because it shows if the company is financially viable.Moreover, we used ratios to analyze company figures. In the above figure, we see that the rate of capi tal employed is 34%, showing that the company is profitable. The current ratio is supposed to be around 1. 5 to be good in terms of liquidity. The current ratio of Genesis is at 10. 4, demonstrating that there is less risk for customers and stakeholders to lose their money. Since we took no loans, our gearing ratio is zero. The asset turnover ratio shows us that the company’s assets are being used efficiently to generate sales (greater than 1 shows that the company is operating efficiently).As discussed earlier, we purchased components from Sourceline. Sourceline offered a 30 days payment term and provided 10% discount for purchases done for over 2000 components. This was favourable for us since by the end of three years, 18500 components were ordered, availing the 10% discount. The credit terms gave us time to pay our debts and that money could be utilized somewhere else in the business. From the profit forecast, and the last operational month’s costs, we get the brea keven point of 83 units. This is considerably lower than the actual sales of 295 units and shows the success of the company by its large margin of safety.Throughout the three years, we saw a steady increase in the bank balance from ? 207,000 at the end of the first year to ? 1,044,500 by the end of the third year. This would show any viewer the success and growth of the company from its initial start up with ? 10,000. In the first two months of the third financial year, another key decision was that we decided to give a promotional 10% discount for two months on sales, resulting in increased sales as we were incurring all advertisement costs together at the beginning of the year. (Pricing Strategy)Bank Balance Increase in the 3rd Year of Operation | |Operational Year | | |1st |2nd |3rd | |Bank Balance |? 20,6951 |? 718,807 |? 1,044,510 | |Profit |? 44,837 |? 25,805 |? 8,310 | |Debtors |? 170,600 |? 96,080 |? 186,180 | Conclusion Even though we had a faced a major problem after the first mentoring session, we succeeded. Our problem- we had lost the venture on the computer! We had to play it all over again and just hope that it kept going as smooth as it did in the previous game. And it did. That being said, there were still decisions that we could have taken differently to provide a different outcome for Genesis.Perhaps we could have decided differently with respect to costing strategies, for example by dividing the costs of the business (advertising etc) evenly throughout the year instead of incurring them together at the start of each year. Also since there were a lot of leads generated and not enough sales in comparison, advertising could have been decreased, allowing more resources to be available for the business. Furthermore, we could have not implemented just-in-time (JIT) stock and kept stocks so that the first two months could have been utilized for production even though there were no sales.Another decision taken differently could have been that we c ould have started doing partial in-house production after the first year since significant idle time emerged. The product of Genesis could also have been altered to a different mix of attributes to show an innovating product which has reached its maturity period and now wants to sustain its growth. When we decided a 10% decrease in price for two months, our product was ‘better than it needed to be’, showing that we were bordering the line of giving the customer too much for its price. Lastly, we neglected to conduct a SWOT and PEST analysis.These could have provided us with a major competitive advantage if we were in the real world and in fact, would have been a necessity. Although spoken about in general, it was not officially conducted which I could say, was a mistake. PEST Analysis SWOT Analysis [pic] Every member of our group felt that our business was running like a well-oiled machine. The team worked well together and gave a professional and productive environment , as demonstrated by the outcome of Genesis. It was established that together we were going to gain much more than we could alone and that unity is what would get us ahead- be it a game or real life.For this very reason, I can call myself a team player. References 1) All business, â€Å"Establishing Competitive Prices†, Retrieved on 26th April 2010 from 2) New Venture Creation, Webct, â€Å"SWOT Analysis† and â€Å"Pest Analysis† Illustrations Porter, Michael E, Harvard Business Review (2008), â€Å"The Five Competitive Forces That Shape Strategy†, Retrieved on 25th April 2010 from â€Å"Pricing Strategy†, Retrieved on 26th April 2010 from 3) â€Å"Stages in Planning for a New Business Venture†, Retrieved on 25th April 2010 from Wikipedia, â€Å"Joseph Schumpeter†, Retrieved on 27th April 2010 from New Venture Creation Introduction of a New Venture Creation Our aim- to engage with SimVenture; a business simulation that allowed us to build and sell computers through our virtual company named ‘Genesis’. The formation and running of our virtual company integrated us with new venture creation and about being an entrepreneur. It reinforced concepts previously presented in our course lectures and engaged us in a competitive and volatile business environment. SimVenture ran for three virtual years with five members on its team- each with a different role in the company. [pic]Home Screen for Genesis on SimVenture This report accounts for the working and performance of Genesis in financial and operational terms with the key decisions taken in running the organisation, and my involvement in the operation of the business. We needed to fully utilize the features that arose with new ventures, by making sound decisions. These features included innovation, fast growth, vision, employment creation and money making power, along with the ability to take greater risks for higher returns. (Stages in Planning for a New Business Venture)The Operation of Genesis After conducting market research, we decided our target market to be the ‘Corporations’ industry due to its characteristics of high order and market size. Selling points were decided after noting the requirements of Corporations, demonstrating that we used consumer driven marketing strategy where we researched the needs of the consumer before making our product. Competitor research was also carried out to see what products were offered at what prices so that we could decide the mix of attributes and price of our product.In an article ‘How Competitive Forces Shape Strategy' in Harvard Business Review (2008), Michael Porter discussed the factors that lead to changes in strategy due to competition. As per the needs of Corporations, our product design had vast features, good performance and style, and average qua lity. We purchased components for Genesis throughout the three years from a small wholesaler, Sourceline, who offered the best discounts relative to credit terms. From commencement, we decided to outsource all production since this would give us more time to invest somewhere else in the business.This however, can affect the business negatively because of problems of relying on the producer in terms of delays. Even so, this saved us time, space and equipment. (Harvard Business Review, 2008) Genesis Product Mix Customer feedback research was carried out every quarter of the financial year till the end of the period, keeping us well informed of customer feedback on our product. Customer Feedback for Genesis [pic] Our goal for Genesis was to be a well known and highly publicized brand within these three years of operation.As per our marketing strategy, rigorous advertising was carried out with the local newspaper. TV and radio adverts were included along with trade magazines. A network was joined where entrepreneurs would meet and increase their business circles and potential customer base. Leads were generated starting from 1000 going up to 9999. A premium website was also created for e-commerce and to provide online customer support. Lastly, we held annual exhibitions for three years at ‘Meet the Corporate Buyer’ to promote our product to the corporate sector.Competitive pricing was adopted, making the product relatively cheaper for the superior attributes Genesis offered as compared to the competitors. Sales channels were kept at various hours in personal selling (entrepreneurial marketing) and a contract with a distributor to sell our product from the second month of the operation of Genesis was concluded. In the third year, a major accomplishment of the business was the addition of another distributor which sufficiently expanded sales. (Establishing Competitive Prices)The ‘Organisation’ I started my role of the ‘Organisationâ⠂¬â„¢ by the completing all legal requirements within the first month of the running of Genesis. This would give us an upper hand in the future, where legal requirements may need to be met. For example, if we urgently required another employee to increase the workforce, time would not be wasted, as our Employee Contract would already be prepared. Also, setting up a Limited Company would portray Genesis as a more professional and successful company, making it better for its image.Furthermore, Health and Safety Contracts and Distributor Contracts were created in order to avoid any problems later when employees needed to be hired or when we contracted with a distributor. [pic] The second step was of recruitment and selection. With the feedback of the team, we gradually increased the number of employees working for Genesis, ensuring that all of them were proficient in a variety of skills. Joseph Schumpeter states, â€Å"Individuals with key experiences and expertise are key elements in the new venture creation†- Schumpeterian ?Unternehmergeist' (Fiery souls). Therefore, all the employees, including the entrepreneur, received significant amounts of training so that they could work to the best of their potential. As numbers of employees grew, we shifted from external sources of training to on the job training. This decreased our costs since more employees could avail the training opportunity at the same cost. It was crucial to ensure that stress levels for the employees and entrepreneur was controlled, because if neglected, this would decrease efficiency and lead to obscuring time management.The entrepreneur was heavily trained in sales and marketing, fields he was not experienced in, since being an only employee at the start, it was up to him to suffice sales. Another key decision taken was that the entrepreneur was made to work full time and quit his previous job (as long as his income was not less than that at his previous job as this could be a dissatisfa ctory factor), so that he could concentrate more on Genesis and make it his primary source of income. (Wikipedia, Joseph Schumpeter) Workforce of Genesis [pic] The third limb of organisation was resources.Before incurring any shortage of storage space, Genesis was relocated onto bigger and more favourable premises with 1000 square feet of space, gaining a better image within the first year coupled with enhancement of our customer pool. We continued to purchase tools, office equipment, furniture, and transport so that the employee to resource ratio was not distorted to lower productivity. Finally, maintenance, cleaning and IT support were also contracted out, creating a sound structural base for Genesis and saving time on trivial matters. pic] Relocated Premises of Genesis Financial Aspect of Genesis This section will critically evaluate the financial performance of Genesis and will be an explanation of the available financial data on the business. [pic] First and foremost, we needed our monetary sources mapped out to overcome the financing gap many small firms face. The ? 10000 of savings of the entrepreneur was taken as the start-up capital to finance our new venture. We also acquired two grants of ? 500 each from the government for training and promotion of new ventures.Being a new business, we could avail the option of taking a loan from friends and family or from a bank, but opted not to do so as this would only raise our future costs in terms of interest payments. Lastly, selling equity to private investors was ruled out as we did not want to dilute the ownership of the business. We hired a bookkeeper in the first month of the business so that we could be updated with the accounts and forecasting of Profit and Loss, Cashflow, Balance Sheet, Ratios, Budgets and Targets. This is crucial for any business because it shows if the company is financially viable.Moreover, we used ratios to analyze company figures. In the above figure, we see that the rate of capi tal employed is 34%, showing that the company is profitable. The current ratio is supposed to be around 1. 5 to be good in terms of liquidity. The current ratio of Genesis is at 10. 4, demonstrating that there is less risk for customers and stakeholders to lose their money. Since we took no loans, our gearing ratio is zero. The asset turnover ratio shows us that the company’s assets are being used efficiently to generate sales (greater than 1 shows that the company is operating efficiently).As discussed earlier, we purchased components from Sourceline. Sourceline offered a 30 days payment term and provided 10% discount for purchases done for over 2000 components. This was favourable for us since by the end of three years, 18500 components were ordered, availing the 10% discount. The credit terms gave us time to pay our debts and that money could be utilized somewhere else in the business. From the profit forecast, and the last operational month’s costs, we get the brea keven point of 83 units. This is considerably lower than the actual sales of 295 units and shows the success of the company by its large margin of safety.Throughout the three years, we saw a steady increase in the bank balance from ? 207,000 at the end of the first year to ? 1,044,500 by the end of the third year. This would show any viewer the success and growth of the company from its initial start up with ? 10,000. In the first two months of the third financial year, another key decision was that we decided to give a promotional 10% discount for two months on sales, resulting in increased sales as we were incurring all advertisement costs together at the beginning of the year. (Pricing Strategy)Bank Balance Increase in the 3rd Year of Operation | |Operational Year | | |1st |2nd |3rd | |Bank Balance |? 20,6951 |? 718,807 |? 1,044,510 | |Profit |? 44,837 |? 25,805 |? 8,310 | |Debtors |? 170,600 |? 96,080 |? 186,180 | Conclusion Even though we had a faced a major problem after the first mentoring session, we succeeded. Our problem- we had lost the venture on the computer! We had to play it all over again and just hope that it kept going as smooth as it did in the previous game. And it did. That being said, there were still decisions that we could have taken differently to provide a different outcome for Genesis.Perhaps we could have decided differently with respect to costing strategies, for example by dividing the costs of the business (advertising etc) evenly throughout the year instead of incurring them together at the start of each year. Also since there were a lot of leads generated and not enough sales in comparison, advertising could have been decreased, allowing more resources to be available for the business. Furthermore, we could have not implemented just-in-time (JIT) stock and kept stocks so that the first two months could have been utilized for production even though there were no sales.Another decision taken differently could have been that we c ould have started doing partial in-house production after the first year since significant idle time emerged. The product of Genesis could also have been altered to a different mix of attributes to show an innovating product which has reached its maturity period and now wants to sustain its growth. When we decided a 10% decrease in price for two months, our product was ‘better than it needed to be’, showing that we were bordering the line of giving the customer too much for its price. Lastly, we neglected to conduct a SWOT and PEST analysis.These could have provided us with a major competitive advantage if we were in the real world and in fact, would have been a necessity. Although spoken about in general, it was not officially conducted which I could say, was a mistake. PEST Analysis SWOT Analysis [pic] Every member of our group felt that our business was running like a well-oiled machine. The team worked well together and gave a professional and productive environment , as demonstrated by the outcome of Genesis. It was established that together we were going to gain much more than we could alone and that unity is what would get us ahead- be it a game or real life.For this very reason, I can call myself a team player. References 1) All business, â€Å"Establishing Competitive Prices†, Retrieved on 26th April 2010 from 2) New Venture Creation, Webct, â€Å"SWOT Analysis† and â€Å"Pest Analysis† Illustrations Porter, Michael E, Harvard Business Review (2008), â€Å"The Five Competitive Forces That Shape Strategy†, Retrieved on 25th April 2010 from â€Å"Pricing Strategy†, Retrieved on 26th April 2010 from 3) â€Å"Stages in Planning for a New Business Venture†, Retrieved on 25th April 2010 from Wikipedia, â€Å"Joseph Schumpeter†, Retrieved on 27th April 2010 from

Downsizing the Human Resources Department Essay

Human Resources Department manager Pat Sutton is requesting the downsizing of the Human Resources Department. Instead of the eight employees already in place, Pat wants the department pared down to five employees. She wants the names of three employees selected to be terminated. There is no other alternative to termination, and the company policy states that there can be no early retirement and no moving laterally to another department. Cost-cutting measures are now requiring that five employees do the work of eight. In addition to the names of the three employees recommended for termination, Pat wants to know what action management should take if any of the three employees decide to file a discrimination case against the company and what the employees would have to prove in order to win a discrimination case. Employees Recommended for Termination Pat, I have chosen the three employees to be terminated based on their skill set, work experience, and job function within the Human Resources department. The three to be terminated are: Diane—she has been with the company for 10 years, and although she is an outstanding worker, her attendance problems have cost the company. Horatio—he has only been with the company for six months, is just learning insurance and health matters, and his skills are marginal at best. Greg—he has been with the company for five years and has shown an ability to quickly learn complex areas of work. However, he has not been trained in tech hiring, and his job skills are just average. Of the three named employees, one is female and two are male. Title VII of the Civil Rights Act of 1964 is the main law of employment that is pertinent to these three employees. Possible Cases of Discrimination against Cost Club There are three different types of discrimination cases that could be file by the three employees. Race discrimination—Horatio could file a case of this type. He is Hispanic and has not quite grasped the English language. He would have to prove that because he is Hispanic and has a limited knowledge of English, the company terminated him. I really do not think that Horatio would win if he decided to file a racial discrimination case against the company. His minimal skills in health and insurance after six months are more than enough reason to terminate him. Gender discrimination—Diane could file a case of this type. Her attendance problems stem from her children’s sicknesses over the years. She would have to prove that her termination stemmed from her being a female and missing work due to her sick children. We may have a tough time if Diane files this type of case against the company. She is an outstanding worker and her only blemishes are her missed days of work due to her sick children. Religious discrimination—Greg could possibly file a case of this type. His religious convictions prevent him from working on Saturday or Sunday. This forces other workers to work weekends more frequently. Greg would have to prove that the company terminated him because his religion keeps him from working on the weekend. Greg would have a hard time winning a discrimination case if he were to file, because his work is just average at best. With regard to each employee’s possible claim of discrimination, the company should prepare itself by carefully looking into each employee’s work performance employee performance appraisals. After all, the company needs to offer the three workers more than just a â€Å"we had to terminate three people and you were one of them† explanation. Failure to promote qualified employees is a form of adverse employment action. Employee performance appraisals provide written documentation and prove the employer acted fairly in terminating an employee. Documenting Performance Improvement Plans (PIPs)  The Performance Improvement Plan (PIP) is intended to smooth the progress of positive conversation involving an employee and his or her manager and to explain the work performance that needs development. The PIP is put into effect, at the choice of the manager, when it is deemed essential to assist an employee in improving his or her performance. This arrangement allows managers to set objectives, determine procedures, manage evaluation meetings, and record development. No particular quantity of time is needed for a worker to adhere to a PIP. As a matter of fact, if no improvements are made, an employee can be terminated after a number of weeks. Performance Improvement Plans have an awful reputation amongst personnel who view them as the last step in terminating employment. This is because numerous companies apply Performance Improvement Plans the wrong way or use them for generating a lawful safety net prior to ending employment. Performance Improvement Plans should only be applied if a manager sincerely believes that the worker possesses the ability to improve. Every other thing is agonizing for the worker and takes up too much time for human resources staff and managers. Regarding human resources personnel and managers, a Performance Improvement Plan is more or less hardly ever fitting. If a supervisor is performing poorly or at a level below standards to necessitate a Performance Improvement Plan, it is very rare that he or she will salvage the needed assurance of subordinate employees or his or her own manager. Human Resource organizations possess more than enough admission to extremely private, unique data. Moreover, because of their place in the organization, the harm to your belief in them and their trustworthiness is almost impossible to overcome. Dispute Resolution Process A dispute resolution process is categorized into two types: adjudicative and consensual. In an adjudicative dispute resolution process, an arbitrator, judge, or jury decides the result of the arbitration or litigation. During a consensual dispute resolution process, such as mediation, collaborative law, negotiation, or conciliation, the participants try to come to an agreement (FITT, 302). For the three employees we are terminating, we would need an adjudicative dispute resolution process. This way, an arbitrator can decide the outcome of the case. Responding to Charges of Discrimination Should we be charged with discrimination from terminated employees, we will follow these steps: 1. Gather documents and evidence but wait to interview witnesses and meet with the company’s legal specialist to decide who must manage the inquiry. It may be essential to run an investigation that we reveal to the examining organization, or it may be more vital to run an investigation that can be suppressed. Nevertheless, we should amass any records which specify what actually happened. If a discrimination claim is made founded on a â€Å"disparate impact,† we will need to collect some simple material concerning the diversity of the company’s workforce. This way, the company’s attorney can determine if that data has any importance statistically. 2. If we opt to prepare a re-tort to the discrimination charges on our own, we should take into account that we have numerous onlookers. Initially, some EEOC offices will send a duplicate of the reply to the terminated worker or his/her legal counsel. If the employee or the EEOC chooses to take legal action, they are apt to attempt to exploit the company’s stance as substantiation in their argument. The simple rule to constantly abide by is to just state the facts. Do not state undesirable points about the terminated worker that are case irrelevant, and be sure to corroborate all testimony with any documents available. We should only give the EEOC additional information if it strengthens the company’s stance. This is my recommendation on who should be terminated and what avenues of approach we should take should any discrimination charges be brought against the company.