Thursday, August 27, 2020

Jefferson About Education Essays - Randolph Family Of Virginia

Jefferson About Education Thomas Jefferson accepted that general training would need to go before general testimonial. The oblivious, he contended, were unequipped for self-government. In any case, he had significant confidence in the sensibility and openness to instruction of the majority furthermore, in their aggregate intelligence when instructed. He accepted that the schools ought to show perusing, composing, and number juggling. Likewise, the kids ought to find out about Grecian, roman, English, and American History. Jefferson accepted the country required state funded schools spread around, for every single male resident to get free instruction. By 1789, the main law was passed in Massachusetts to reaffirm the provincial laws by which towns were committed to help a school. This law was disregarded. Tuition based schools were opened uniquely to the individuals who could stand to pay them. In the center states strict gatherings opened most schools. Very few schools or foundations were opened to the nonwealthy individuals. The ladies, blacks, and Indians couldn't go to class. It was not until the mid 1900's that the Nation started making institutes for females, since government felt that they should have been taught moms to instruct their kids. Jefferson accepted in the Republican Mother. Afterward, numerous nineteenth century reformers trusted in the intensity of instruction to change and recover to discharge a fault or obligation, to purchase back-in reverse individuals. Thus, they created a developing enthusiasm for Indian Education. Jefferson and his adherents accepted that the Native Americans were respectable savages, they trusted that tutoring the Indians in white culture would inspire- to improve the profound, social, or keenness condition- the clans. Be that as it may, the states and neighborhood government did little to help training. In contrast to the ladies and Indians, blacks had no help by any means. There were no endeavors to instruct subjugated African Americans, generally on the grounds that their proprietor favored that they stay oblivious and this probably less inclined to revolt. By 1815 there were 30 optional tuition based schools in Massachusetts, 37 in New York, also, numerous others spread all around the country. They were generally distinguished; they were very few that were open. Advanced education also veered from Republican goals. The quantity of schools and colleges in America developed significantly; they went from nine of the hour of the Revolution, to twenty-two in 1800, and after that expanded consistently. Barely more than one white man in a thousand, approached any advanced degree, and those rare sorts of people who attended colleges were nearly no matter what individuals from prosperous, propertied families. Jefferson unequivocally accepted that the country's future depended, in extraordinary part, on the country's training. He said in 1782, Each administration degenerates when trusted to the leaders of the individuals alone. The individuals themselves, accordingly, are its lone safe stores. What's more, to render even them safe, their brains must be improved in a specific way. He accepted that in request for individuals to confide in the individuals who are accountable for their administration, they need to have instruction, to have the option to settle on choices dependent on their information. Jefferson likewise accepted that there wasn't any opportunity without training. He stated, If a country hopes to be oblivious and free, in a human progress, it expects what it never was and never will be. By this, he implies that all together for the individuals to need a free country and expect for extraordinary things to occur, they have to have some instruction. On the off chance that they don't need an instruction, at that point they are simply going to consistently dream and never go anyplace. The Connecticut school ace and attorney Noah Webster, said that the American student ought to be taught as a patriot. When he opens his lips, Webster composed, he ought to practice the historical backdrop of his own nation. Each resident was to be instructed somewhat. For the less well off individuals, to likewise have some training. Jefferson accepted that the country truly expected to have schools. He needed for poor people and rich to have some sort of Education, for themselves, yet in addition for the country's future.

Saturday, August 22, 2020

The relationship between employees job satisfaction and customer satisfaction in service business

The connection between workers work fulfillment and consumer loyalty in administration business Conceptual This examination is directed inside the bank of America and is planned for demonstrating the connection between representative fulfillment and consumer loyalty in the banking industry.Advertising We will compose a custom proposition test on The connection between workers work fulfillment and consumer loyalty in administration business explicitly for you for just $16.05 $11/page Learn More The investigation is required by the acknowledgment that consumer loyalty is dictated by the observations the clients have on the nature and the nature of administrations advertised. Since the investigation centers around the connection between's worker fulfillment and consumer loyalty at a particular point in time, a cross sectional examination configuration is picked. 104 members will be focused for this investigation, 53 of which will be representatives of the bank of America. Information will be for the most part gathered through composed meetings. Anyway arrangement for oral meeting will be accessible particularly for corporate customers who might be too occupied to even consider filling in composed meetings. Seven parts of occupation fulfillment will be estimated and associated with five classifications of consumer loyalty. The investigation presumes that consumer loyalty is straightforwardly affected by representative fulfillment. Various elements transaction in this relationship. These incorporate employer stability, remaining burden, inspiration, and worker strengthening, among others. Presentation Management specialists accept that business achievement is accomplished through contribution quality assistance to clients. Be that as it may, relatively few of these specialists connect quality assistance with the degree of employees’ fulfillment. Do the trick to express that the administration business is viewed as one of the key segments of development in any economy. Thusly, legitimate administration of the administration business is expected to guaran tee that the estimation of administration offered doesn't bargain client desires. This is on the grounds that, negative client recognitions about the nature and the nature of administration offered is adverse to business development. This recommends customers’ discernments about assistance quality are straightforwardly relative to the business achievement achievable.Advertising Looking for proposition on business financial aspects? We should check whether we can support you! Get your first paper with 15% OFF Learn More There various attributes interesting to the administration business. Workers in the administration business put in more hours while serving various clients, the vast majority of whom have muddled necessities. This generally makes the activity of client support suppliers awkward. Thus, Yagil (2006) clarifies that specialist organizations are well on the way to be exhausted and worn out. Such wear out impacts the nature of administration advertised. In a review l ed by Burke, Graham and Smith (2005), it is discovered that client support is a mental intercreative human experience. This suggests administration arrangement is social, up close and personal, and has got nothing to do with the items that the specialist organization offers. A decent intercreative condition in this way improves the view of the client on the nature of administration advertised. All things considered, two significant ends can be produced using the affirmation above: recognition assumes a crucial job in deciding the idea of administration quality; client assistance arrangement is a psycho social movement. Burke et al. (2005) infer that administration arrangement must be offered properly; in any case the client is disappointed. This prompts loss of business. This declaration is affirmed in an investigation led inside the Indian cell phone industry by Sathish, Santhosh, Naveen and Jeevanantham (2011). In this investigation, it is obvious that one of the significant reaso ns why buyers of Indian cell phone administrations switch suppliers is low quality of administration advertised. Subsequently, consumer loyalty is legitimately associated with nature of administration advertised. The degree of employees’ fulfillment fluctuates and can be credited to various components. These incorporate poor pay rates, worker weakening, outstanding burden issues just as representative strengthening (Bull 2005; Yagil 2006). Yagil (2006) and Burke et al. (2005) include that the impression of the client on the nature of administration is straightforwardly associated with employees’ fulfillment. These elements, combined with worker wear out decide the sort of conduct showed by representatives inside the client support industry. Subsequently, specialist organizations depict loss of eagerness and positive respect for their occupations, absence of worry for clients’ needs, both enthusiastic and physical weariness among different practices (Yagil 2006). Advertising We will compose a custom proposition test on The connection between workers work fulfillment and consumer loyalty in administration business explicitly for you for just $16.05 $11/page Learn More During the reason for administration arrangement, if representatives depict negative perspectives and practices towards the client, the customers’ level of fulfillment with administration quality reductions. This statement can be credited to the way that social conduct is controlled by the recognitions about the basic intentions and the overarching condition, inside which administration is offered (Yagil 2006). Accordingly, the view of the client with respect to the nature of administration offered is affected by the conduct and disposition depicted by representatives. The examinations above recommend a mind boggling connection between consumer loyalty, representative conduct and the nature of administration advertised. Consumer loyalty dictated by customers’ recog nition on the nature of administration advertised. Employees’ direct is dictated by how the clients see estimation of administration advertised. The impression of the client is affected by the degree of occupation fulfillment. As referenced above, past examinations uncover that worker fulfillment is legitimately identified with customer’s discernment on administration quality. All things considered, it is basic to infer that there is connection between employees’ work fulfillment and client impression of administration quality which influences the general fulfillment in the administration business. While past examinations concentrated on inn, instructing and phone ventures, there doesn't exist any investigation that centers around the connection between representative fulfillment and consumer loyalty inside the financial area. As such this investigation appears to be pertinent. The motivation behind this investigation is to test theory that the there is a connec tion between representative fulfillment and consumer loyalty and saw administration quality. All things considered, the accompanying inquiries appear to be pertinent for this examination: Do clients report higher fulfillment with administration quality when representatives show more elevated levels of work fulfillments? What parts of occupation fulfillment that legitimately impact employees’ spirit and conduct and how it impacts consumer loyalty? To flexibly replies to this inquiries, the cross sectional examination configuration has been picked. Information for this investigation will be gathered, independently, from workers and clients of Bank of America New York branch.Advertising Searching for proposition on business financial matters? We should check whether we can support you! Get your first paper with 15% OFF Find out More Since past investigations show that consumer loyalty is reliant on discernments about employees’ work fulfillment, with the end goal of this examination, representative fulfillment is the autonomous variable and customer’s fulfillment is the depended variable. The bank of America was picked as a result of the high number of clients served by the bank just as high number of representative inside the bank. All things considered, the banks representatives and clients will give adequate wellsprings of information to this examination. Approach This examination targets both the workers and clients at the bank of America’s New York branch. The branch is picked because of its focal area just as because of the way that its serves an enormous customers base. The investigation targets both individual and corporate clients, who will be seen at a specific point in time. An all out number of 104 clients will be focused on. The number 104 has been picked not on the grounds that it has any uncommon significance according to the investigation yet since it is reasonable, and will likewise permit the analyst to gather however much information as could reasonably be expected. The objective populace will be partitioned into 53 workers and 51 clients. Out of the 51 clients, 17 corporate will be focused on. All the representatives focused for this investigation will be from offices that manage the clients. Accordingly, workers from the client relations work area, tellers, credit agents, data officials among other will be give substantial information to this examination. As clarified over, the numbers picked for this examination have no unique importance comparable to the subject of the investigation. Be that as it may, odd numbers are picked for counting. Since the scientist focuses on a wide range of customers and workers at a specific point particle time, a cross sectional investigation configuration appears to be applicable for this examination. As per Rose an d Barker (1997), a cross sectional examination focuses on a subset of the whole populace with the point of giving information that can be utilized to figure summed up presumptions in regards to the whole populace. It is likewise basic to make reference to that the investigation depends on perceptions made, whose outcomes are identified with the representative fulfillment (autonomous variable for this examination) and consumer loyalty (subordinate variable for this examination). As Rose and Barker (1997) further clarify, examines which assess the connections among factors and try to build up design are graphic in nature. In that capacity, this examination is engaging. Members As clarified already, the examination targets 104 members. The member will be chosen from both the representatives and clients of the b

Ritual Performances in A Midsummer Nights Dream

Running back to the fourteenth century, ceremonial exhibitions assumed extraordinary jobs in people’s lives since they had faith in the outcomes in that. Ceremonies and merriments underscore Shakespeare’s works.Advertising We will compose a custom research project test on Ritual Performances in A Midsummer Night’s Dream explicitly for you for just $16.05 $11/page Learn More For example, the festivals that portray the finishing up setting of A Midsummer Night’s Dream, is a soul changing experience, a custom that looks to draft Hippolyta who must turn into an Athenian for she is from Amazon which is outside Athens. In any case, Shakespeare utilizes his traditional characteristics of scripted-ness to accomplish his goal. Romances and play-inside play stand apart obviously in this satire; besides, Shakespeare utilizes signs to make the devised and the engineered to seem regular. In A Midsummer Night’s Dream, romances are difficult. As Lysander watches, â€Å"The course of genuine romance never runs smooth† (Shakespeare 134). Lysander’s relationship with Hermia is one that is loaded with setbacks. Hermia’s Father picks Demetrius but then his girl is enamored with Lysander. The Duke decides for Demetrius requesting Hermia to wed him or experience execution or lifetime virtue to the goddess Diana. Helena’s love for Demetrius isn't responded. In the fairies’ world, the sovereign Titania is offended to her better half since she can't give him her Indian changeling. The circumstance turns out to be so entangled to a degree of Oberon requesting Puck to control a spell on Titania to apparently to make her fall for anything she sees upon her awakening gave it is a living animal. In this play, love is offset with lopsided characteristics. Toward the start of the play, two men love Hermia but then she cherishes just one, Lysander. Then again, Helena is insanely infatuated with Demetrius who doesn't convey e ven the smallest inclination for her. After Puck directs the adoration part to the two men, first to Lysander who he had thought was Demetrius and later to Demetrius, the men’s consideration goes to Helena. Indeed, even her sweetheart, Lysander, forsakes Hermia. On account of Oberon and Titania, lopsidedness comes in when Oberon’s want for the Indian changeling overweighs his adoration for Titania.Advertising Looking for research project on english writing? How about we check whether we can support you! Get your first paper with 15% OFF Learn More He throws her on a spell that makes her begin to look all starry eyed at the ass-headed Bottom. This shows an awkwardness in nature and appearance (Nostbakken 70). In what manner can a sovereign of the pixies go gaga for an ass-confronted Bottom? All things considered, the affection divide maybe works. By the by, any develop individual acquainted with the play will differ with the possibility of the sovereign of pixies succum bing to the ass-confronted Bottom. Utilization of parody that spins around the issues that go up against the characters associated with connections in the play shields the crowd from the feelings that these issues could produce. Rather, utilization of cleverness guarantees the crowd an effective end perhaps with the people wedding the adoration for their lives. The crowd is shielded from the strain that accompanies vulnerability. When composing this play, Shakespeare’s point was to make individuals giggle, as it is a satire. This has been very much accomplished through mixing of human torments with humor. Shakespeare created this style of writing to get the audience’s consideration and it works very well in accomplishing that reason. The craftsmen’s play that is intended to engage the duke and his recently marry sovereign is a play-inside a-play. The play, in light of Pyramus and Thisbe’s story, speaks to the most significant thoughts and subjects of the primary plot however in a dense structure (Nostbakken 87). Pyramus and Thisbe’s guardians don't endorse their wedding, a component that contrasts and that of Hermia and Lysander. This play-inside a-play mirrors the disarray in the principle play. Just before the wedding, the fairies’ love divide show results into sentiment disarray. Demetrius and Lysander love Helana simultaneously. The sovereign of the pixies, Titania, experiences passionate feelings for the ass-headed Bottom. The craftsmen’s play draws out the topics and thoughts of the principle play obviously and in a silly manner. The play is intended to cause the crowd to comprehend the principle play well and it does precisely that. Again, Shakespeare utilized this style of writing to accomplish his traditional scripted-ness that underlines his sensational exhibitions that describe his plays. The play-inside a-play component depicted in this piece fits well in the substance of the entire play. The subject of dream has been utilized widely in the play to clarify a significant number of the peculiar happenings that whenever taken as reality would not be conceivable to the human psyche. â€Å"I have had a fantasy, past the mind of man to state what/dream it was. Man is nevertheless an ass on the off chance that he goes about t’expound this dream† (Shakespeare 37).Advertising We will compose a custom research paper test on Ritual Performances in A Midsummer Night’s Dream explicitly for you for just $16.05 $11/page Learn More Bottom uses these words to clarify the ass-headed individual the pixie has transformed him into before. It isn't in the laws of nature for a human to obtain an ass-head one moment and in the other has returned to the typical human. Base could just consider this to be a fantasy. Hippolyta thinks about their wedding days as a fantasy, â€Å"Four days will rapidly soak themselves in night,/Four evenings will rapidly dream away the time† (Sha kespeare 8). Four wedding days may appear to be unnatural in nature and to cause them to appear to be less, Hippolyta makes it lighter to the crowd by contrasting the four days with a fantasy that is brief. The casualties of the occasions that happen on that game changing night see the occasions as minor dreams. Demetrius and Lysander strife over Helena and Titania’s fleeting relationship isn't intelligible to the people. To shield them from this ridiculous reality, the pixies cause the people to accept that it was nothing to a lesser degree a fantasy. Toward the finish of the play, Puck guidance to the crowd is to accept the play as a fantasy in the event that it didn't dazzle them. Shakespeare utilizes this fantasy subject to draw out the comic idea of his play and guarantee that the surprising happenings in the parody serve to engage the crowd rather than discouraging it. Great and awful signs accompany what a general public accepts. During when the play was being composed , noncompliance to one’s guardians or/and spouse were considered as a terrible sign and they would bring about setbacks. Shakespeare’s work mirrors this legend in Hermia and Titania’s cases. When Hermia decays her father’s decision of spouse, a few adversities come to pass for her. The duke rules against her, sentencing her to an execution or lifetime virtue to the goddess Diana. At the point when she absconds with Lysander, the fairies’ love elixir redirects Lysander’s love from her to Helena. At the point when Titania won't give her better half the Indian changeling, the couple become antagonized to one another. The spouse feels so annoyed that he looks for retribution by ‘bewitching’ her into cherishing the ass-headed Bottom; she even offers sexual favors to give her love for the recently discovered love. This demonstration mortifies Titania and simultaneously, she loses her Changeling that had been depended to her by the Ind ian mother. Despite the fact that these cases are just engineered in the play, they seem common on the grounds that much of the time when one neglects to regard specialists or guardians as a rule end up resembling Hermia and Titania in the story. In the parody, Shakespeare utilizes images to speak to different parts of nature. Pioneers are related with soundness. Theseus and Hippolyta show up in the principal demonstration of the play yet vanish for quite a while after the obscurity sets in. They later show up in act four when the sun rises.Advertising Searching for research paper on english writing? We should check whether we can support you! Get your first paper with 15% OFF Find out More Theseus and Hippolyta are profoundly regarded pioneers and must be related with request and security. Their long vanishing during the demonstrations that speak to the night occasions shows the impact of their nonattendance as bedlam and turmoil rule the scenes during their nonappearance. Their return after dawn sets things all together. The befuddled couples can perceive their correct accomplices. The duke and the sovereign later permit them to wed. Unquestionably, as the familiar proverb goes, ‘love is blind’ and the affection mixture utilized here underscores this incredible however frequently dismissed certainty. It is the wellspring of all the terrible things on that night. Demetrius and Lysander succumb to Helena to the mortification of Titania. The thoughtless organization of the mixture by the pixies makes extraordinary mischief numerous individuals. This represents the damage that spontaneous and uncontrolled love can cause to the included gatherings. This play i s an incredible presentation of Shakespeare’s particular dramaturgy. In his work, Shakespeare utilized human experience to make his plays. He mixed this with cleverness and verse that gave it an immortal stream. In A Midsummer Night’s Dream, Shakespeare utilizes an encounter that was normal back in that time. Guardians picking accomplices for their kids, spouses overwhelming over their wives and rulers deciding for antiquated laws hang out in this play. Notwithstanding the experience, Shakespeare utilizes cleverness and verse to give it a light touch. The play is ageless and it has earned Shakespeare extraordinary regard after some time. Normal for Shakespeare’s works, exhibitions underline A Midsummer Night’s Dream. Two exhibitions are all around communicated in the play. These incorporate romance and play-inside a-play. T

Friday, August 21, 2020

How does the character of Willie Mossop develop through the course of the play Essay Example

How does the character of Willie Mossop create through the course of the play Essay Willie Mossop is a shoe producer of a boot shop which is claimed by Hobson. Hobson doesnt respect Willie and he doesnt mind since he says, I am not aspiring that I am aware of. Creeps character creates all through the play from being a poor unconfident man, to a rich and extremely sure man who is as yet unassuming and really nice.As we enter the initial scene of the play we read that Hobson is no place to be seen demonstrating that he doesnt have anything to do with the running of his shop. His business is just effective due to Maggie who sells the boots productively. We see proof of that when she powers Albert to purchase a couple of shoes when he comes to see Alice. When Hobson does at last enter the shop he gets exceptionally irate in light of the fact that he imagines that his little girls dont have the correct demeanor towards him saying they are uppish and dont act like appropriate ladies. This mentality of Hobsons changes quickly when Mrs. Hepworth enters his shop since she is a rich individual and spends a ton on shoes.She requests to see the producer of her boots and Willie is raised to Mrs. Hepworth. She commends Willie to his face and says that on the off chance that he ever leaves Hobsons he ought to go advise her so she can get her boots made by him. Hobson says, What does she need to laud a worker to his face for? We see that Hobson doesnt care much for, nor does he truly acknowledge, Willie and he doesnt acknowledge how significant Willie is to his business which he will lament later on.Hobson tells his little girls that he will pick spouses for them since they arent sufficiently keen to do as such without anyone else. At the point when he says that he avoids Maggie saying that she is as of now past wedding age which upsets Maggie, she concludes that she ought to get a spouse herself and escape her life of hopelessness. Maggie perceives that Willie is her best way to find some kind of purpose for existing out of her current life and says to him, My mind and your hands ull make a working organization. She requests that he wed her so they can leave Hobsons and start their own shop.Maggie advises Willie to kiss her to seal their bond yet Willie is excessively bashful and runs into the basement. Now Maggies sisters enter and they state that youre mixed up in the event that you think Ill own Willie Mossop for my brother by marriage. They state that he is too low class to join the family and that father wouldnt be glad about this. When Hobson enters the shop again and hears the updates on Maggie and Willie he says that the best way to stop this marriage is too beat the affection out of Willie. When Hobson strikes Willie, Willie is irritated and takes Maggies hand. When Willie is hit once more, Willie kisses Maggie and leaves the shop with her.We see that Willie doesnt have a lot of state in his marriage choice with Maggie however he would prefer to wed her than the young lady he was tokened to in light of the fact that he was fri ghtened of her mom. This reveals to us that Willie isnt an exceptionally sure man however we likewise realize that he is figuring out how to be increasingly certain when he leaves the shop with Maggie in light of the fact that Hobson hit him.When Willie and Maggie move out, Hobsons business starts to bomb radically. Alice and Vickey maintain the business and they ruin it since they dont have Maggies business keenness. When Maggie goes to the shop to welcome her sisters to her wedding she discloses to them they need to acknowledge Willie and kiss him to show it. After much dissent they do kiss him and acknowledge him as a major aspect of the family. They all go to their wedding and Maggie takes a metal ring for their marriage. Maggie still doesnt trust Willie enough that is the reason she doesnt give him the ring. Before they enter the congregation Maggie inquires as to whether he really adores her since she has regard for the congregation. Will says, Youre developing on me young lad y. Sick fall in line with you. This discloses to us that Willie currently cherishes Maggie despite the fact that the marriage was initially a business agreement.Afterwards they all go to Willie and Maggies new house for the festival. Maggie has been preparing Willie too peruse and compose and he gives a superb discourse to every one of them which stuns them. Creeps certainty has developed and you can advise that as he talks straightforwardly to Maggie and he quits tending to Vicky and Alice as Miss. In any case, he still doesnt feel good at being disregarded with Maggie on their wedding night since he doesnt comprehend what will occur. Hobson enters as Willies visitors are going to leave and they need to stow away and remain inside Willies house. This is a defining moment in Willies character change as he talks legitimately to his old ace as the new ace of his own home. Affirmative, let him come inHobson has issues he needs to settle and needs to converse with Maggie about it. She s ays that Willie is her significant other and if Hobson needs to talk he needs to converse with them two. This gives us that Maggie is making Willie an equivalent to Hobson by making Hobson need to converse with Willie and Maggie together.At the finish of the play, after a year, when Maggie and Willie know about Hobsons breakdown, they go to perceive how he is. Alice and Vickey are additionally there to see their dad yet are increasingly intrigued by his will. Willie talks straightforwardly and with a solid voice to Alice and Vickey expressing he is an equivalent or even of higher status then them. Sick do the orchestrating, Alice. On the off chance that we come here, we come here on my footing. Willie likewise brings Hobson sensible about his business and offers him an association. Hobson attempts to extend Willie his old employment opportunity back however Willie says weve took care of Mrs. Hepworths credit and made a touch of metal what's more. Willie has taken the entirety of the high class clients from Hobson. Hobson is compelled to concur as he doesnt have some other decision with the exception of Hobsons Choice alluding to the title as he has just a single decision which he needs to take. Willie even confronts Maggie when they are choosing the name of the shop, Mossop or Hobson or its Oldfield Road for us, Maggie. Maggie gives in realizing that Willie has developed since their marriage and is presently an equivalent to Maggie.Willie has changed since he begun to work. He has developed in certainty yet still has held his lowliness as he consented to have an organization with Hobson and not leave him in his hour of need. Willie reprimands himself for being to brutal on Hobson however he is told he has made the best decision. Maggie and Willie are equivalent now and both partake similarly in settling on choices and Maggie now cherishes him more than she did whenever she initially considered him to be a business opportunity. Willie additionally begins adorin g Maggie and they have joined marriage and business very well into a working organization. I think Willie has developed well all through the play. He defended himself now and again when he expected to most and never developed presumptuous and held his genuineness, respectability and real warmth and mindful.

Writing a College Graduate Essay

Writing a College Graduate EssayWriting a college graduate essay is not as hard as it may seem. It is actually not that difficult and you can teach yourself how to write a good one very easily if you have the right guide.It is very important to know that every person will need to find something in their life, some particular thing or concept that made them who they are today. People will have different opinions about this question and you can tell when you talk to them how deeply they want to know the answer. And you should be able to write a college graduate essay about this topic, because you may be the only one who can give you the solution.It is therefore important to study and research about different types of answers to this question and know that not everyone has the same answer. The information can be found in the Bible, history, literature, and many other sources.The most common place where people write about this topic is the school where they went to school. That is why yo u should always write your information about what happened in your life at the time. Do not just rely on your experience at the time, you should know what your classmates are going through and you can see how they respond to some issues they are having in life.You could try to imagine the response you would get if you would talk to your teacher. You could find many answers in your teacher's mind and you could also find out if your grades were high in that particular class. This is one great way to learn something new in college.In fact the only problem with writing a college graduate essay is that people could take the information and find ways to use it against you. You should try to focus on the facts should be written properly.The more you think about the question, the more you will learn about the subject. But you should remember that every person has a different perspective on things so you should be able to find something that fits for each individual.Writing a college graduat e essay is not as hard as it seems. You just need to make sure that you research and you find the right information that would fit your needs.

Saturday, June 27, 2020

Sunway Real Estate Investment Trust - Free Essay Example

(b) Explain whether Sunway Real Estate Investment Trust berhad should involve hedging or not hedging. Why or why not? Sunway Real Estate Investment Trust (Sunway REIT) berhad should involve hedging because it exposes to the foreign currency exposure and exchange rate fluctuations. Since successful hedging gives the trader protection against commodity price changes, inflation, currency exchange rate changes, interest rate changes and so on and so forth, Sunway Real Estate Investment Trust should involve in hedging to reduce these types of risks. Indeed, Sunway Real Estate Investment Trust does involve hedging to reduce exchange rate risk by having a three-year fixed rate US dollar 100 million term loan which has been fully hedged via a cross currency swap (Sunway REIT annual report, 2013). Besides, Sunway Real Estate Investment Trust has also used cash flow hedges to mitigate the risk of variability of future cash flows attributable to foreign currency and interest rate fluctuations over the hedging period on the foreign currency borrowings (Sunway REIT annual report, 2013). Besides reducing the exchange rate risk, hedging can be used for enhancing a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s value. In the overall managerial strategy, reducing corporate risk is an essential component. Several market imperfections make risk management an essential goal for companies. These market imperfections lead to the reduction of the value of companies by making volatility an expensive proposition. The imperfections, in turn, contribute to other market deficiencies such as expensive financial distress costs (Myers, 1977 and Smith Stulz, 1985); external financing (Froot, Scharfstein Stein, 1993); agency costs; and costs pertaining to managerial risk aversion. These imperfections have a negative effect on a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s value. By helping reduce costs resulting from such imperfections, hedging enhances a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s value (Ghosh, 2013). In ad dition, hedging helps to reduce distress costs. The ability to raise capital is extremely important in the event of a perceived or real distress faced by a company. Every business faces the possibility of distress under adverse circumstances (Damodaran, 2008). Even perceived circumstances of distress can be costly for companies à ¢Ã¢â€š ¬Ã¢â‚¬Å" often in the range of 20% to 40% of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s value (Shapiro Titman, 1985). In the extreme event, distress can lead to bankruptcy. Hence, it is prudent for companies to protect themselves from the risk of distress events by hedging against them. Damodaran (2008) estimates that the payoff from lower distress costs can show up in the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s value in one of the two ways. In a conventional discounted cash flow valuation, the effect is likely to manifest itself as a lower cost of capital which is through a lower cost of debt and a higher value. In the adjusted present value approach, the expected bankrup tcy costs will be reduced as a result of hedging. To the extent that the increase in value from reducing distress costs exceeds the cost of hedging, the value of the company will increase. When likely distress costs are large, benefits from hedging by the means of savings on distress costs are likely to be significant. Kale and Noe (1990) have noted that hedging can increase the value of companies which are highly levered. Finally, by reducing the cost of financial distress, hedging can also enhance credit quality and reduce the cost of debt financing (Chidambaran, Fernando Spindt, 2001). Moreover, hedging ensures continuity of cash flows. Price volatility has a negative impact on the revenue streams and can disrupt cash flows. Hedging prevents the companies from price volatility and ensures uninterrupted and stable revenue streams. Companies, through hedging, can choose what proportion of production to hedge and how far into the future the hedged position is to be established a nd maintained which can bring about certainty in their production process, and ensure continuity of cash flows. This is especially true for small companies with high costs, which are probably unwilling to accept the reduced risk for additional, risk-mitigated profits. Thus, the certainty in production planning at guaranteed minimum prices by using commodity futures to hedge, protect both a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s future and that of its employees (Ghosh, 2013). Furthermore, hedging can be used to lower tax liabilities. A more visible strategic reason for hedging is the immediate impact it can have on tax liabilities of companies. Under a progressive taxation regime, losses of companies can be carried over for a finite number of years only. Over a medium to long run, therefore, volatile earnings induce higher taxation than stable earnings. Stulz (1996) empirically proved this argument to hold good in any regime marked by convexity of the tax code, for example, increasing margina l tax rates, limits on the use of tax-loss carry forward and minimum tax rates. A second tax saving from hedging arises from the increasing debt capacity of companies, which in turn increases the interest tax deductions. Graham Rogers (2002) have performed empirical testing for 442 companies and found that the statistical benefit from increased debt capacity was 1.1% of the value of these companies. They also found that companies hedge to reduce the expected cost of financial distress. Thus, higher tax benefit is a tangible outcome from hedging, which, however, should not overshadow the clear benefits of risk management bestowed by this practice (Ghosh, 2013). On top of that, hedging serves as a strategic resource. One of the biggest strategic use of hedging as a corporate practice is, probably, the force multiplier it acts as in the resource pool of companies. By locking in prices of inputs and outputs, hedging releases valuable resources which can be better deployed for the co mpanyà ¢Ã¢â€š ¬Ã¢â€ž ¢s growth. Similarly, the ability of the company to stabilize its costs and hence control its pricing policy is itself a valuable resource of the company. Following the theory of Resource Based View (RBV) of the company (Rumelt, 1984 and Hamel Prahlad, 1994), this control over price stabilization is an inimitable resource. It has the potential to be a source of differentiation to the company, bestowing competitive advantage over its competitors. In this way, companies can turn price volatility in raw materials and finished products into a key differentiator, giving them more opportunity to reduce costs, achieve higher average profitability and expand market share. Last but not least, hedging can also be served a tool for corporate governance. An important strategic function fulfilled through hedging lies in its role in corporate governance of companies. In a typical example of à ¢Ã¢â€š ¬Ã‹Å"agency riskà ¢Ã¢â€š ¬Ã¢â€ž ¢, it is possible to argue that manage rs of companies act in their self-interest, rather than in the interests of shareholders. While investors want the management to take risks in the interest of the company and the financial results of a company provide signals to boards and investors concerning the skills of its management, it is rather difficult for shareholders and the Board to differentiate between risk-taking behaviour of managers that is desirable from the risk-taking activity that leads to volatility in earnings, caused by management incompetence. This difficulty in identifying the value-creating from value-destroying risks in companies often leads to Boards seeking management action to eschew all types of risks. Often, managerial incentive structure including performance measure is linked to the extent of risk mitigated by managers. Besides, there may not be adequate human resources in the company to identify, manage and remove the undesirable risks from those that are desirable. As a result of these two facto rs, managers may reject investments that add value to the company in the long run, simply because the company-specific risk exposure, encompassing both the undesirable and desirable risks, seems to build up. Hedging allows a way out of this dichotomy. By driving a wedge between risks that are external to the company from those that are internal and then establishing a well thought- out Risk Management Policy that seeks to transfer avoidable risks out of the company in a transparent manner, hedging can delineate between the two types of risks. By transferring the external and avoidable risks through a large external market such as the commodity derivatives market, hedging also enables investors to segregate between legitimate and reckless risk-taking management behavior. Thus, hedging can promote sound corporate governance practices by providing a solution to investors to assess managerial performance (Ghosh, 2013). In conclusion, hedging helps in reducing exchange rate risk, enha ncing a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s value, reducing distress costs, enhancing credit quality, reducing cost of debt financing, ensuring continuity of cash flows, lowering tax liabilities and serving as a strategic resource as well as a tool for corporate governance. Since hedging brings so many benefits and advantages to the company, Sunway Real Estate Investment Trust (REIT) berhad should involve hedging as a strategy in order to sustain profitability, competitiveness and growth in the industry.

Tuesday, May 26, 2020

Tragic Hero - 884 Words

Tragic Hero – Okonkwo Things Fall Apart by Chinua Achebe A tragic hero is a character that performs courageous actions but develops a tragic flaw as they move on with their lives. The effects of the flaw begin to increase and the character usually makes unwise choices. It often leads to his downfall or even death. In Things Fall Apart, Okonkwo is depicted as a tragic hero. He lived a life full of contradiction. He desired to be successful and achieve everything he wanted but he ended up committing suicide. The author develops a story in which Okonkwo has to make a lot of decisions and sometimes he makes the wrong choices without himself knowing, which eventually causes his own death. He is a tragic hero in the story for the sacrifices†¦show more content†¦He said, â€Å"This meeting is for men† when he saw a man without a title was participating during a meeting. Arrogance is one of the qualities a tragic hero has. At the end of the novel, he killed the messenger in hopes that the tribe will support him in a war. He is impulsive. He acts before he thinks. He often offends the igbo peoploe and their traditions as well as the gods of his clan. When the white man brought Christianity to Umuofia, Okonkwo felt that the changes are ruining the Igbo culture. This is his tragic flaw, the inability to accept change. For him, hard work and effort were the true way of living and if you didn’t have any of those you were not worthy for his acknowledgement. The destruction of Okonkwo was revealed slowly throughout the books. He started to make some poor decisions, which became the beginning of his downfall. He killed Ikemefuna just because he didn’t want to be thought weak. He made unwise decisions to only appear to be strong and manly to others in the village. He did not realize how he lost so much from living that way. When, Okonkwo kills Ogbuefi Ezedu’s son, the real tragedy begins. Other tragic heroes usually have a steadier downfall, but Okonkwo had a direct fall in society due to this event. This puts his family into exile for seven years. After a short period of time, white missionaries arrive to Umuofia. When â€Å"TheShow MoreRelatedTragic Hero1598 Words   |  7 PagesTragic Hero From Wikipedia, the free encyclopedia A tragic hero is a protagonist with a tragic flaw, also known as fatal flaw, which eventually leads to his demise. The concept of the tragic hero was created in ancient Greek tragedy and defined by Aristotle. Usually, the realization of fatal flaw results in catharsis or epiphany. The tragic flaw is sometimes referred to as an Achilles heel after the single fatal flaw of the Greek warrior Achilles. [citation needed] Aristotelian tragicRead MoreThe Tragic Heroes Of A Tragic Hero1955 Words   |  8 PagesOedipus Essay Tragic fates and the downfalls of others have always seemed to interest a crowd. 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He struggles to overcome his apprehensions and choses to dedicate him to evil. He lacks strength to accomplish his goal of corrupting mankind. Satan becomes unable to judge God?s grace and is not able to