How to write a concept paper
Tuesday, August 25, 2020
Psychology and Multitasking Talent free essay sample
In the current society, numerous people of various sexual orientation expects on doing performing various tasks by completing the undertaking right away. Both performing multiple tasks and isolated consideration have similar ramifications. Some researcherââ¬â¢s ready to confirmation that between the two sexes, there are no huge contrasts in their performing various tasks. Be that as it may, ladies are normally better at performing various tasks as they shuffled a greater number of assignments than man. There are a few reasons that ladies perform various tasks superior to man in way of natural contrasts, recurrence on shuffling errands and capacities on performing multiple tasks. Right off the bat, lady leads towards a more prominent organic distinction than man. Womenââ¬â¢s have enormous piece of ââ¬Å"Corpus callosumâ⬠in the mind which animates two discussion at the same time (Halpern, 2000). Next, dominant part of man would prefer to center utilizing single indication while lady blended numerous thoughts from the air (Williams amp; Meck, 1990). Indeed, the operational IQ in man decline essentially contrasted with lady while performing requesting undertakings (Wilson amp; Packard, 2005). We will compose a custom article test on Brain research and Multitasking Talent or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Furthermore, ladies are proficient in shuffling enormous measure of assignment as often as possible. Ladies for the most part carry on the lionââ¬â¢s portion of house tasks and looking after children holding down their own vocation work (ABCScience, 2011). At that point, as their own family turn on the warmth towards them to shuffle extraordinary measure of errand thus they become normally better at performing various tasks (Spence, 2012). Besides, lady achieve for the most serious classes of performing multiple tasks in the local work, for example, scutwork and looking after children, (2007). At last, lady outperforms man because of predominance in performing various tasks capacities. Most explicitly, ladies will in general accomplish task at impressively higher stage than man as they show their common ability for performing various tasks (Bratley, n. d). Next, ladies may inalienable the capacity to be increasingly unique and precise by doing task productively when contrasted with man (Criss, 2006). Moreover, ladies are skilled in throwing for only a short time of period while they are shuffling with different errands (Richard, 2010). Taking everything into account, lady has a more noteworthy bit of leeway at performing various tasks as in natural contrasts, recurrence on shuffling errands and performing various tasks capacities than man. With their atural capacities, it permits them to be equitably gainful and effectively achieve task at the same time. Unmistakably, ladies may have controlled by these focal points to improved capacity to perform various tasks. Subsequently, ladies are greater at performing various tasks than men as ladies are normally capable at it. Procedures Based on the endeavor accomplished for this report, a few sources were gotten considerably from the web and online databases. Dominant part of the sources were appropriate as the subject has been chosen. The data accumulated was made out of two diaries, six articles and three books as the sources examine about performing multiple tasks between two sexual orientations. Indeed, the unwavering quality and validity are sensible for all sources got that demonstrates suitable proof to help my contention. All the sources are viewed as trustworthy and precise as the sources are being refreshed and the authorââ¬â¢s are very much experienced in the specific field. In this manner, it is protected to expect that the sources are trusted and exact as indicated by the validity. Be that as it may, a few sources are sketchy in light of the fact that it didnââ¬â¢t relate with the contention, for example, composed by a few creators about disclosures from films and games, negative impacts and sexual orientation contrasts between kids on performing multiple tasks.
Saturday, August 22, 2020
1987 Nobel Prize in Physics
1987 Nobel Prize in Physics The 1987 Nobel Prize in Physics went to German physicist J. Georg Bednorz and Swiss physicist K. Alexander Muller for revelation that specific classes of earthenware production could be planned that had adequately no electrical obstruction, implying that there were fired materials that could be utilized as superconductors. The key part of these earthenware production is that they spoke to the top of the line of high-temperature superconductors and their disclosure effectsly affected the kinds of materials that could be utilized inside advanced electronic gadgets Or on the other hand, in the expressions of the official Nobel Prize declaration, the two specialists got the honor for their significant advancement in the revelation of superconductivity in fired materials. The Science These physicists were not the first to find superconductivity, which had been distinguished in 1911 by Kamerlingh Onnes while looking into mercury. Basically, as mercury was decreased in temperature, there was a point where it appeared to lose all electrical obstruction, implying that electrical flow tally move through it unobstructed, making a supercurrent. This is being a superconductor. Be that as it may, the mercury just displayed the superconducting properties at low degrees close to supreme zero, around 4 degrees Kelvin. Later research during the 1970s identified materials that displayed superconducting properties at around 13 degrees Kelvin. Bednorz and Muller were cooperating to look into the conductive properties of earthenware production at an IBM inquire about research facility close to Zurich, Switzerland, in 1986, when they found the superconducting properties in these pottery at temperatures of roughly 35 degrees Kelvin. The material utilized by Bednorz and Muller was a compound of lanthanum and copper oxide that was doped with barium. These high-temperature superconductors were affirmed rapidly by different specialists, and they were granted the Nobel Prize in Physics the next year. The entirety of the high-temperature superconductors are known as a Type II superconductor, and one of the impacts of this is the point at which they have a solid attractive field applied, they will show just a partialà Meissner effectâ that separates in a high attractive field, in light of the fact that at a specific force of attractive field the superconductivity of the material is wrecked by electrical vortices that structure inside the material. J. Georg Bednorz Johannes Georg Bednorz was conceived on May 16, 1950, in Neuenkirchen, in North-Rhine Westphalia in the Federal Republic of Germany (known to those of us in America as West Germany). His family had been uprooted and separated during World War II, yet they had rejoined in 1949 and he was a late expansion to the family. He went to the University of Munster in 1968, at first contemplating science and afterward progressing into the field of mineralogy, explicitly crystallography, finding the blend of science and material science more just as he would prefer. He worked at the IBM Zurich Research Laboratory throughout the mid year of 1972, which is the point at which he initially started working with Dr. Muller, leader of the material science division. He started chip away at his Ph.D. in 1977 at the Swiss Federal Institute of Technology, in Zurich, with chiefs Prof. Heini Granicher and Alex Muller. He formally joined the staff of IBM in 1982, 10 years after he spent the late spring working there as an understudy. He started taking a shot at the quest for a high-temperature superconductor with Dr. Muller in 1983, and they effectively distinguished their objective in 1986. K. Alexander Muller Karl Alexander Muller was conceived April 20, 1927, in Basel, Switzerland. He spent World War II in Schiers, Switzerland, going to the Evangelical College, finishing his baccalaureate degree in seven years, beginning at age 11 when his mom kicked the bucket. He lined this up with military preparing in the Swiss armed force and afterward changed to Zurichs Swiss Federal Institute of Technology. Among his teachers was famous physicist Wolfgang Pauli. He graduated in 1958, working then at the Battelle Memorial Institute in Geneva, at that point a Lecturer at the University of Zurich, and afterward at last getting an occupation at the IBM Zurich Research Laboratory in 1963. He directed a scope of research there, including filling in as a guide to Dr. Bednorz and working together on the examination to find high-temperature superconductors, which brought about the granting of this Nobel Prize in Physics.
Monday, August 10, 2020
Sample TOEFL Paired Choice Essay Study Alone or in a Group
Sample TOEFL Paired Choice Essay Study Alone or in a Group Sample TOEFL Paired Choice EssayThe QuestionSome students prefer to study and do homework alone. Others prefer to study and work on class assignments with a group of fellow students. Which do you prefer? Use specific reasons and examples to support your answer.Special Offer: TOEFL Essay Evaluation and ScoringYou can now sign up to have your practice essays evaluated and scored by the author of this page. This service is a great way to learn how you will do before test day and how you can best prepare for the big day. Sign up today.The Sample EssayEveryone has their own favorite study methods, and all of them have specific benefits. I am of the opinion that it is better to study alone than to study as part of a group. I feel this way for two main reasons, which I will explore in the following essay. First of all, studying alone helps us to focus on specific areas of a subject that we are struggling with, rather than doing a broad overview of the subject. Diligent students always atten d classes and communicate regularly with their professors and teachers, so they are constantly aware of which topics they need to focus on when they study. When people study in a group, everyone in the group has different needs, and the study session is required to touch on all of them. My own experience is a compelling example of this. As a freshman four years ago, I was not aware of the aforementioned drawback and found myself wasting my time studying in a group for an important European history exam. I knew that I really needed to focus on religious history, but sat uncomfortably through a group study session that progressed through political, cultural, scientific, literary and artistic history before touching only briefly on the issue of religion. As a result, I performed worse on the test than I would have if I had just studied alone. Furthermore, when people study in a group they are easily distracted. Many people will agree that they desire to socialize rather than study when they get together with their friends and classmates. For instance, in the group I mentioned above not only did I suffer from the fact that we only touched briefly on my problem area, but certain group members (including myself) were easily drawn off-topic. We were quick to make jokes about the material being covered, or make tenuous and meaningless connections between those topics and our own lives. Thankfully I have avoided this problem since then as I have decided to always prepare for exams by myself. In conclusion, I strongly believe that studying alone is better than studying in a group. This is because it allows me to focus on the areas that I need to, and because it helps me to avoid socializing when I should be doing real academic work.NoteThis is a sample TOEFL paired choice essay written by a native speaker. It follows our TOEFL writing templates for independent essays. If you find it useful, please remember that we have many more sample essaysfor you to read!
Saturday, May 23, 2020
Historical Development of Police Agencies Essay - 1536 Words
Historical Development of Police Agencies CJA/204 August 8, 2011 Abstract Historically, policing in America mimicked that of the English. American ideas expanded on the English way of policing, to start an era of ever evolving police agencies. In the beginning policing was considered the civic duty of members of a community. These ââ¬Å"draftedâ⬠officers were not paid or trained. Appointed Sheriffââ¬â¢s were motivated by money, and lost focus on enforcing the law. Policing was considered reactive in nature. This began to change as did society, industrialism and urbanization, brought with it a rise in crime, causing police to shift towards a more proactive approach to law enforcement. In the 1800ââ¬â¢s new technologies began another changeâ⬠¦show more contentâ⬠¦Law enforcement in Colonial/Frontier America in the 17th and 18th centuries loosely followed the English policing styles that incorporated ââ¬Å"watch and wardâ⬠, required no training and afforded no pay. It was considered a civic duty for all citizens and they ulti mately became responsible for community members behaviors (Schmallager, 2009). Sheriffââ¬â¢s were appointed by governors and they were required to make arrests, serve summons, appear in court and collect taxes. They received higher pay for the more taxes they collected causing the motivation of money to outweigh crime fighting and apprehending criminals. This caused the focus to be primarily on civic responsibilities, rather than actual crime fighting. With no criminal investigations this began to set the stage for civil rights and a more organized type of policing. By the mid 1800ââ¬â¢s, in metropolitan America we see a shift in the organization of agencies. Until this time police activities were considered reactive in nature. In this new era police now began to focus more on crime prevention rather than catching criminals after the fact, (Schmallager, 2009). In 1844, New York created the first unified, uniformed department, setting standards for policing to improve community relations and professionalism. Other cities followed suit creating their own departments often merely an organization of existing day and night watchmen. These changes wereShow MoreRelatedHistorical Development of Police Agencies Essay866 Words à |à 4 Pageswill explore the historical development of police agencies and their jurisdiction, while analyzing their roles in contemporary society. It will describe the main types of law enforcement agencies, including local, state, and federal agencies and their components. Historical Development of Police Agencies Historically, policing in America mimicked that of the English. American ideas expanded on the English way of policing, to start an era of ever evolving police agencies. In the beginningRead MoreLaw Enforcement History: Historical Development of Police Agencies and Their Jurisdictions1017 Words à |à 4 PagesThe Historical Development of Police Agencies and Their Jurisdictions: An Analysis Man is cruel and competitive. For these reasons, man often times wrongs others in society. And for this reason, it is necessary to have a law enforcement agency, whether local, state-based, or federal. In the absence of the rule of law, society would not be able to function, and man must make a pact that, in order to live and be protected within society, he must obey these laws. Police agencies often times serveRead MoreDiscussion Question Criminal Justice Essay612 Words à |à 3 PagesMandatory: What is probable cause? How does probable cause affect the actions of police? How well do police officers meet the criteria of probable cause before taking action with regard to a criminal activity? Probable cause is a standard that all law enforcement officers abide by when searching for evidence on a person or their property to get a warrant and make an arrest. Probable cause affects the actions of police because if they do not follow these guidelines they can be reprimanded and theRead MoreHistory of Police Essay1254 Words à |à 6 PagesHistory of Police History of Police The role of police officers is very significant to American history. Police work toward protecting citizensââ¬â¢ rights and helping America become the land of the free. The United States of America is built from the U.S. Constitution Bill of Rights and police play a major role in making sure American rights are met. Evolution has changed many of American history for the better; policing is part of those changes. As new issues in society arise, police must changeRead MorePolice Jurisdiction Essay797 Words à |à 4 PagesHistory of Police Agencies and their Jurisdictions Chelsea Peterson CJA/240 December 10, 2011 Professor Konopasek History of Police Agencies and their Jurisdictions The development of police agencies can be followed back to the Early English colonial days. As time continued, so did the improvements of the police agencies of law enforcement today. The first police department was established in 1731 was theRead MoreThe Goal Of Cultural Studies Scholars, Per Stuart Hall,1082 Words à |à 5 Pagesof view of the media, the law, the police, etc., and spans across the disciplines of political science, sociology, and psychology, etc. Thus, it is difficult to place a label on Policing the Crisis; it cannot be defined as ââ¬Å"thisâ⬠or ââ¬Å"thatâ⬠. Much like Cultural Studies itself, Policing the Crisis is too varied, too broad, to say what it is or what is not (ââ¬Å"The Last Interviewâ⬠). Conjunctural Analysis A ââ¬Å"conjunctureâ⬠is simply a combination of two or more historical events. Thus, an analysis of conjuncturesRead MoreCultural And Managerial Issues That Plague The Virtual Police Department1081 Words à |à 5 Pagesof this paper is to identify the historical, cultural and managerial issues that plague the Virtual Police Department. This paper is to identify the issues and to come up with possible solution for the department. This paper will show four problem and solution from professional development and training, leadership and management, personnel administration and operations. I will show crime statics, trends and patterns of the crimes that have been reported to the police. It will show where the policingRead MorePolice and National Crime Information1595 Words à |à 7 Pagesand 1930 in which police had close ties with politicians, and there was an emphasis on making politicians happy. The reform era was from 1930-1970 it began the professional crime fighting, and police focused more on arrests. The community problem-solving era started 1970- to current, it started a partnership between police and communities. 3. Describe August Vollmer s contributions to policing. August Vollmer introduced several innovative achievements in the area of police professionalism suchRead MoreA Unified Accountability System For All Law Enforcement Essay1685 Words à |à 7 PagesTitle: A Unified Accountability System for All Law Enforcement Topic: Police Accountability Specific Purpose: The purpose of this study is to determine the effectiveness of centralized procedures directed by the DOJ, which ensures every law enforcement agency and police officer have the same process for action accountability, and how the procedures will foster lawfulness and legitimacy within the community. I. Introduction A. Accountability in law enforcement is an element that is vital toRead MoreThe Evolution Of Law Enforcement Essay1279 Words à |à 6 Pagesand social control were the major responsibility of that group. In that time, people requested the eldest and strongest males of the tribes to take part in the first security force of community for survival (Rainer and Librett 1089). The early development of policing in the world was not invented, but it was rather an idea of people who lived in the ancient time of human evolution (1089). Today, law enforcement has become a very important tool in our society and is almost impossible to live without
Tuesday, May 12, 2020
GAMBLING FOR EDUCATION Essay - 906 Words
GAMBLING FOR EDUCATION ââ¬Å" You cannot ignore the fact that there will be divorce problems, domestic abuse problems, homelessness and addiction problems if you pass this bill â⬠(Williams). Senator J.T. ââ¬Å"Jaboâ⬠Waggoner, of Alabama, made this statement opposing the lottery bill. At first glance, this would put fear in the predominantly protestant state of Alabama, which is in the heart of the Bible Belt, as well as surrounding states that are trying to obtain a lottery. However, these problems are prevalent in the country, without the lottery. First weââ¬â¢ll look to Websterââ¬â¢s Dictionary to define gambling. Webster says 1 a: to play a game for money or property b: to bet on an uncertain outcome 2: to stake something on a contingency: take aâ⬠¦show more contentâ⬠¦Although these statistics show it has been successful in providing rewards, opposition to the lottery has remained steady and strong, with specific community support. nbsp;nbsp;nbsp;nbsp;nbsp;There is an organization in Tennessee named quot;Gambling Free Tennessee Alliancequot;(GTFA). Mike Williams, a staff writer for the Atlanta Journal and Constitution, paraphrased Joe Rogers, leader of the GTFA, as stating that quot;...the lottery...creates social problems and entices the poor to spend a disproportionate part of their income on the gamequot; (Poe). Williams goes on to say the GTFA feels that by passing the bill it would reduce revenue on taxed items such as food, liquor, gasoline, and cigarettes. This statement is assuming that people who play the lottery are providing substantial revenue by purchasing the taxed products and that they are willing to trade them in for a lottery ticket, which is far-fetched at best. The morality of this statement is also in question. The GTFA is presuming that a persons money would be better spent on alcohol. It would seem that a six pack of tickets would do less harm, at least physically, than a six pack of beer . The anti-lottery campaign organizations, that work so tirelessly to combat the lottery institution, are fighting an uphill battle. The lottery has already proven to be a success. If every lottery player were addicted to the point at which he/she stops paying for taxedShow MoreRelatedM382 Exam 1study Guide Essays1036 Words à |à 5 Pagesplayers) (criteria: class, income, gender, age, education, occupation, religion, ethnicity, race, appearance, athleticism) ii. transformation of sport: social roles -gt; social statuses-gt; role behavior-gt; social interaction -gt; social organization e. Play: Free activity that involves exploring our environment, self-expression, dreaming, and pretending. There are no firm rules, and the outcome of the activity is unimportant. f. Games: an aspect of play that shows moreRead MoreYou Bet Gambling Is Addictive3189 Words à |à 13 Pages You Bet Gambling Is Addictive By Shanaz Rahim Gambling is common and prevalent in society due to it being a source of revenue for the government and also a pioneering force in tourism and entertainment. This entertainment, however, can lead to prolonged or progressive gambling known as pathological gambling (PG), which the American Psychiatric Association (APA) labels as an impulse disorder in the fourth edition of the Diagnostic and Statistical Manual of Psychiatric Disorder. This edition of theRead MoreCognitive-Behavioral Therapy for Substance Use Disorders Essay2877 Words à |à 12 Pagessubstance, or engages in activities, which in turn brings pleasure, and tends to divert oneself from their day-to-day duties and responsibilities. Addiction is mostly related to drug use but it is also used to describe non-drug entities, such as gambling, and Internet addictions (Avena et al, 2008). Researchers (Herbert, J. D., Forman, E. M., 2010) have been keen on identifying the factors that lead to substance use; to why people see the n eed to take drugs and some of the reasons include experimentationRead MoreData Analysis Methods Used in Quantitative Research.4348 Words à |à 18 Pagesoften used to present the results of these methods. Quantitative research methods were originally developed in the natural sciences to study natural phenomena. However examples of quantitative methods now well accepted in the social sciences and education. Differences between parametric and non parametric methods Parametric method Non parametric Assumes data comes from a type of probability distributions ( they are not distribution-free) Distribution free methods which do not rely on assumptionsRead MoreSocial Organization And Language The Languages1950 Words à |à 8 PagesHispanic Nairobi America Social Organization Language The languages spoken include English and Tohono Oââ¬â¢odham (Fitzgerald, 2012). Families live on native lands designated as reservations Fitzgerald, C. M. (2012). Prosidic inconsistency in Tohono O Odham. International Journal Of American Linguistics, 78(4), 435-463. The Hutterite people speak three languages: Hutterisch, a dialect of German that is used within the colony; High German is spoken in church and German school; and English, learnedRead MoreIf You Need Love Get A Puppy Case Study Essay3922 Words à |à 16 PagesIN ACCOUNTING EDUCATION Vol. 24, No.2 May 2009 pp.237-252 IS^SUES A If You Need Love, Get a Puppy: Case Study on Professional Skepticism and Auditor Independence Robert L. Braun and H. Lynn Stallworth ABSTRACT The purpose of this ieaching case is to expand students understanding of the concepts of professional skepticism and independence. The case is based on an actual incident and illustrates the exercise of professional skepticism by a staff auditor who finds himself in the uncomfortable situationRead MorePositive Effects of Entertainment Technology on Human Behaviour3107 Words à |à 13 Pagesgame console, video arcade, gambling machine, internet (e.g. chat room, board and card games, MUD), intelligent toy, edutainment, simulation, VR, and upcoming service robots [2] [21] [24] [30]. 2. META REVIEW APPROACH This paper presents the preliminary results of a literature search and review. We searched for the following keywords (context specific in different combinations): ââ¬Ëacademic achievement, altruism, ANOVA, attainment, children, computer, education, edutainment, entertainmentRead More Emotion Differentiation3711 Words à |à 15 Pagesone study found that pathological gamblers scored higher on measures of alexithymia than nonproblem gamblers, appearing to have a diminished ability to describe and communicate feelings (Toneatto, Lecce, Bagby, 2009). According to the literature, gambling is not the only risk behavior associated with problems identifying emotions. Shishido, Gaher, and Simons (2013) found a relationship between alexithymia and behaviors associated with alcohol use; when experiencing intense negative or positive emotionsRead MoreAccounting: Fraud and Problem-based Learning Case18144 Words à |à 73 PagesISSUES IN ACCOUNTING EDUCATION Vol. 18, No. 2 May 2003 pp. 137à ±173 The Tallahassee BeanCounters: A Problem-Based Learning Case in Forensic Auditing Cindy Durtschi ABSTRACT: You are auditing the books of the Tallahassee BeanCounters (TBC), a minor league baseball team in Tallahassee, Florida. During your audit the teamà s owner, Franklin Kennedy, approaches you and offers an additional fee if you will quietly investigate the possibility of fraud within the firm. Mr. Kennedy reports that he receivedRead More8 Key Element for a Business Model7314 Words à |à 30 PagesE-commerce: business. technology. society. E-commerce E commerce Business. Technology. Society gy y Kennethà C.à Laudon Copyright à © 2011 Pearson Education, Ltd. Chapter 5 Businessà Modelsà forà Eâ⬠commerce Copyright à © 2007Pearson Education, Ltd. 2011 Pearson Education, Inc. Slide 1-2 E-commerce Business Models Businessà model d l Setà ofà plannedà activitiesà designedà toà resultà inà aà Set of planned activities designed to result in a profità inà aà marketplace Businessà plan Describesà aà firm
Wednesday, May 6, 2020
Bailout shq Free Essays
string(66) " of casualties and wiped out of the face of financial global map\." The research paper sheds light on George W. Bush $700 billion bailout package, the underlying cause of its release, expected effects, achieved results and future implication in mitigating the severity of US economy in particular and global in general What makes it important? Economy contaminated, debts and deficits escalating, spraining military, image tattering, all but accompanied with the emergence of a new league of Global contenders. Is the American capitalism on the recede, do we see the fading American way of lifeââ¬â¢ the demise of American dream, is the prodigious military might losing its edge, are the very foundations of democracy, freedom and justice debauched, has really the Global American leadership paled, is this the emanation of era of vacuity or does there lie hope of return anew? Thus the bailout package ââ¬Ëlast in line of Bush legacyââ¬â¢ bears importance not only from the economic recovery perspective but by shoring up the financial vesselââ¬â¢ it goes a long way in retaining the unchallenged posture of USS enterprise globally. We will write a custom essay sample on Bailout shq or any similar topic only for you Order Now It holds importance as it allows continuance of strings of recovery initiatives taken year back, in the absence of which the policy posture would not only lose its luster but the effort being applied to buttress the confidence would rather lose its very ground. Whatââ¬â¢s going to be done in the paper? This paper would steer by discussing root cause that ruptured the great balloon while taking into account the amount and extent of damage the great spread have unfurled. This discourse would then lead by rounding up possible stepsââ¬â¢ those have been taken and are about to be, lead by their results and possible ramification for the future. We would then highlight other venues and alternativesââ¬â¢ featuring their pros and consââ¬â¢ thus rounding up our discussion with the present situation on ground lead by some anticipated prognostication about the future concurring outlook. What would be the general conclusion? Our general conclusion would be as vague as had been and exists to be the statistical forecasting models across the financial colossal and economic capitals. We are lingering on bits of every day stats and results while hoping to gain and engender confidence across horizon of politics, consumers, producers and investors. We would be hanging around the ray of hope and light coming across the hazy fog of doubt and tentativeness. BODY Issue/problem In current situation when the Bail-out is out in the market to do wonders and clean up the mess created by all the wrongs and blunders of nearly a decade, just weeks into passing and the same ââ¬Ëgurusââ¬â¢ conceive no less then a miracle from this quarter a trillion shortââ¬â¢ to halt free fall of economy into an abyss of recession. Full scale implosion has rendered shock waves that have taken tool on global scale, the burst of sub-prime bubble, spiraling commodity prices, wide scale collapses and deafening bailouts. But pundits are still in a fix, as they state current spade of crumpling dominos as mere preliminary shock, precluding the greater quake yet to come. With nearly a trillion in bank losses, yet accounting for just a portion of the total conclusive damageââ¬â¢ has brought financial juggernauts of the likes of JP, Merrill, Lehs, Fan Freds on their knees and a long queue still in waiting, followed by staggering multi trillion in bail outs, yet the spiral sees no end. The roots For the past two decades, Americans ââ¬Ëdistractedââ¬â¢ by the direction that its government showed, has been spending much more then they own or allowed by their means, which can be seen by a steady decline of their saving rates that stood at 11% in 80s to -1% today (Jeremy, 2009). The total debt owed by the public amounts to massive $2. 5 trillion without accounting the sub-prime fiasco (Stout, 2008). Of consumption patterns, last decade saw an enormous increase in spendingââ¬â¢ bumped up by soaring housing pricesââ¬â¢ though this had been the era of shrinking real wages. Without the wage increasesââ¬â¢ riches were being made by selling homes without ever thinking that for how long this cycle would swing, as the point would ultimately reach when stalemate would occur, when people would be left with no money to buy expensive properties. Without such logical thinking, things went on moving so much so that the American home owners extracted nearly $5 trillion since 2001 in various forms like refinancing their mortgages (Stout, 2008), home equity and selling till the dooms day occurred, when whole system based on faltered assumption on the lines of Dot Com collapsed. The reason it has been called ââ¬Ëdistractionââ¬â¢ is the fact that the policies engineered by the government wrongly encouraged the public to tow the dangerous path of callous burning up of goods and services while giving birth to a banking system that fueled this trend, thus slowly and gradually the structure moved away from the production and sales, to the addiction of free goods and manipulation of debts. Its severity But what can been seen are just the ripples of a much greater storm brewing underneath. The enormity of discomfiture can be sensed from the fact that; much touted Financial Bulwarks which had been the symbols of robustness of Western financial systemââ¬â¢ shattered one after the other under the weight of digressive mass that they them selves had accumulated. Itââ¬â¢s not just a coincidence that all major heavy weightsââ¬â¢ having Market capitalism worth economies of whole continents fell in a domino fashion. Chain reaction that imploded out of stray atoms of greed and insatiability, proliferated all out radiation that not only destroyed what ever came in its radius of hazard but contaminated the whole environmentââ¬â¢ with effects ready to haunt for decades if not generations to come. From appalling fall of the Lehman to assuaging of Freddies, from taking over of Bears to engulfing of Lynchs, from engineering of Wachovia to warranting AIG, this is the League of Extraordinary Lineage that formed the first line of casualties and wiped out of the face of financial global map. You read "Bailout shq" in category "Papers" Institutions that bore the brunt of world wars, civil unrest and the jolt of nine-eleven couldnââ¬â¢t hold onto the tremors of massive mortgage eruption. So immense had been the awe that the birth place of free market is forced to ââ¬Ënationalizeââ¬â¢ the juggernauts of its economy, leaving far lasting scars on its own face. Whether they could ever be healed, doubt it! This patient needs an all out surgeryâ⬠¦ Key players US is the economy that is run by banks and its derivative financial institutionsââ¬â¢ thus itââ¬â¢s the bankers economy. This is the heartland of capitalismââ¬â¢ the motherland of free economy and the greatest champion of demos-cracy. All this comes into being and blends up when we have a strong financial system making up its backbone. Banking industry spreading over a century has gradually formulated an environment where the resilience of economy rests on credit ââ¬Ëthe practice of lendingââ¬â¢, thus making customers or more appropriately the consumers as being the second important tier of whole system. Third comes the government that regulates, governs and looks after the regulatory fabric under whose auspices the system works. Fourth comes the wealthy foreign governments that lend their excesses to the US government, financial institutions and its people, acting as investors willing to quench unsubsiding thirst of the whole nation. One way or the otherââ¬â¢ the complicity of all four players is there behind spurring the situation out of control and ultimately collapse. And so is the ensuing blame game that is engulfing both the side of Pacific, where the Eastern coast (of pacific) blames the monetary glut of the west for the flow of excessive credit and hence slipping the market while commentators on the western front criticizes lax regulations that let the wall street and its giant entities to wreck internal havoc to their economy but slipping nullifying their own regulatory frame works. Who ever was responsibleââ¬â¢ but one ground on which every body concedes is the let-go attitude of US government that let the bubble grow out of proportionââ¬â¢ the blind eye they let to this fiasco to happen. On every frontââ¬â¢ itââ¬â¢s the people (American tax payers) those are to suffer. They lost the credit, lost their homes, lost jobs, burdened their future and indebted their children. For all the follies committed on Wall Street ââ¬Ëunder the auspices of governmentââ¬â¢ and the preceding foreclosures and bailoutsââ¬â¢ these are the ordinary people who are going to pay for each penny being spentââ¬â¢ form their own pockets. What are they trying to achieve To intoxicate the contaminated body. Over the yearsââ¬â¢ under lax or almost no rules and regulations, American banks and insurance and ââ¬Ëpre-insuranceââ¬â¢ industries accumulated charges worth trillions on their balance sheets, which were backed by literally nothing. Thus over the timeââ¬â¢ as the mortgage advances climbed upââ¬â¢ it began to create a much bigger vacuum on their back that suddenly ended up in Boom! A shock that made the whole structure collapse under its own weight. Now the government is trying to cleanse this mess, by buying mountains of crap ââ¬Ëbad assetsââ¬â¢ to clear up bankââ¬â¢s balance sheets, keep them until the economy recovers and to sell them back to public when crap turns into something worthy! 5 Thus the underlying cause of this whole drill is to lighten up the bankââ¬â¢s load so that they could get stand again and start functioning by lending. This is vital as banking industry forms the very backbone of US economy and without it their can not be any recovery. This would lead of credit that serves as a fuel for other economic activities, the eased credit would halt the fall of other financial and industrial units thus containing the contagion from spread, this stabilization would enhance the investorââ¬â¢s confidence that would ease up the investing and buying constraint that is the cause of pain from other side of equation. Thus the whole bailout or Emergency Economic Stabilization act is a move to stabilize the economy and retort the keel to its original location. Approaches Let us first segregate the two approaches being proposed by two different sects of economists into plan A and B. The former being proposed by the Government and calls for its take over of the whole crisis, the later one to give market the stimulus to act and heal by its own forces. Intervention on such a colossal scale is inconceivable in a country which had been the forefather of free-market and founder of capitalism. Instead of protecting the American Tax Payers, the elected lot seems hell bent in protecting a few. Despising any sanity what so ever, the American government is ready to buy the unsecured assets (otherwise valued at zero) for $65, having a floating market value of mere 25 cents, thus paying 3200% more of their worth (Baker, 2008). RTC (Resolution Trust Corp) made to trace and capture companies before they begin to collapse (Wilson, 2009). It has been created in light of the current Bail out bill that would allow the government to buy bad loans directly from lenders at lower rates that would relieve banks from carrying dead weights, restructure them and sell them off gradually as the market heals and stabilizes, thus mitigating an immediate and blunt affect to the economy and public. Yes, it worked in 80s and banking on its legacy it should work according to Government speculationsââ¬â¢ who says an agency is needed to oilify the chocked financial engine. But this agency would work if we tow for plan A, the Bail out etc. What conflicts exists Starting form the fact that United States is the most indebted nation, with a burden of $12 trillion and yearly obligations amounting $500 billion (Bebchuck, 2008), having Forex reserves less then the tiny Taiwan, followed by record budget and trade deficits. To square all, United States economy was in a quagmire already and itââ¬â¢s in ruination after the Big Bang. Various moves on part of Fed to lubricate the economic engine by throwing billions into the parched market seems of little or no help at all. Melting down of financial bulwarks one after the other is evidence of enormity of damage followed by the deafening bail out plan. Isnââ¬â¢t it absurd that US with no money of its own to even buy the Chinese toys is reeling towards this colossal move. From where all this money would come? Print it! No way; a near trillion worth of ââ¬Ëprintedââ¬â¢ Greenback into the market is going to burst yet another balloon of Inflation and nose dive the already struggling Dollar, leading to a chocking scenario. So what else? Borrow more! Already a single country like China holding nearly a trillion worth of US securities would further make Americaââ¬â¢ the worldââ¬â¢s strongest democracy defer to the largest communists (Harvey, 2008). But would they be willing to buy more of the crap US assets? Letââ¬â¢s just forget the world, See who is borrowing. The US Government, but the Government earns nothing of its own. These are the taxes that make and run governments, so more borrowing means added obligations upon the people of United States and their Children and their Grand Children who are being held hostage for the blunders of their own obdurate corporations (Harvey, 2009). Look at the Horizon and see the doom and gloom ? Bears Stern taken over by JP Morgan, Bank of America taking over the 94 years old Merrill Lynch, worldââ¬â¢s top insurer AIG pledging for its own insurance (Whalen, 2008), collapse of the 158 year legacy the Lehman Brothers, which had survived the Civil war, world wars, the 9/11 but couldnââ¬â¢t hold on for this swap, all costing Fed hundreds of billions (Demyanyk, Yuliya S. and Van Hemert, 2008). ? Fed Liquidity Program, Economic stimulus package, Federal Housing Admin scheme and further injections has already amounted to $1 trillion (Demyanyk, Yuliya and Van Hemert, 2008). ? The Bail out of Fannie and Freddie alone have price tag of $200 billion (Bardhan, 2008). All but excluding yet another $700 billion proposed bail out for ââ¬Ësecuringââ¬â¢ the faltering US institutions, amounting to a staggering total of $1. 8 trillion!! (Davidoff and Zaring, 2008) The new bill is being floated to each American citizen, with the liability of $5000 each, while keeping aside the $11. 8 trillion of ââ¬Ëpreviousââ¬â¢ debt (Davidoff and Zaring, 2008). Now as far as the talk holds for going social or keeping the system capitalist, it doesnââ¬â¢t matter which one operates unless the operators are responsible and sincere to the people who let them operate on their behalf. It is said that the corporate America seems best in capitalist mode as long as the system churns profits and it immediately retorts to being Socialized when faults surfaces. In todayââ¬â¢s scenario when all the elements of a healthy financial system are showing pathological signatures of ailments which had been there for long time, but was let to grow to extent of tumor. Yes the Government should move forward as it is their job to cleanse the system of toxics and let the body heal by itself, but wait what we are seeing? Instead of letting the body to recover and reform in its very own ââ¬Ënaturalââ¬â¢ way, the surgeon general is transplanting the whole organs with ââ¬Ëexpectationsââ¬â¢ that they wonââ¬â¢t be rebelled. What if they would! Then hope the patient would survive. Potential remedies/solutions â⬠¢ Of all the argument, nothing said goes against capitalism and the market system whose strength can be seen in the spread of wealth and economic upheaval of billions of people out of poverty, but the most impressive of its geniuses is its greater healing capacity, the savior fair to purge itself of infections if any that might arise in its body. Today its like an ailing body which needs medication to the extent of strengthening itself and to mend in its own ââ¬Ënaturalââ¬â¢ way rather then forced ministration â⬠¢ There needs to be a global ruling body on the lines of UN that should govern and check world economies and corporations from detracting into direction that would cause harm on global scale. So does the question thatââ¬â¢ as to why despite all the warnings by European Central Bank officials, no pre emptive or lets say preventive step was taken at first to check the bubble to expand to such explosive levels and then from a sudden burst? (Bardhan, 2008) If so why wasnââ¬â¢t there no such levy erected to counter the incumbent tide of destructive tsunami â⬠¢ There are more doubts then ever before that the market mechanism of supply and demand triggering ââ¬Ëfearsââ¬â¢ and the so called jolting of ââ¬Ëconfidenceââ¬â¢ of investors, leading to massive buying or selling sprees have grown to be shadowy. Proven recently from the Oil price fiasco, its rise and maniac fall clearly shows the manipulative force acting in an unruly fashion. Check the trend which is drifting more towards exploitive ness then genuine speculation (Murphy, 2008). â⬠¢ The whole banking system should be re organized and re founded on a more solid and sound foundations, with revised rules and regulations to halt such a scenario from erupting ever again. Reinvigorating this industry could include equity investment, recapitalization of the bank assets i. e. purchasing the bad assets for cash that would help the fledging industry with the much needed cash while letting the government to exercise a limited control to steer the institutions out of the doldrums (Schwarcz, 2008). â⬠¢ And off course the US Tax payers should not have been dragged to bear the brunt of the debacle and wrong practices of corporate world, which had grown to be voracious and hoggish in its never ending appetite of leasing and lending for windfall profits. Instead of throwing trillions into this engulfing black hole, people should be given relief by letting them pay back through jobs, raised salaries, slashed interests and extended pay back periods. In this respect the Mortgage assistance is necessaryââ¬â¢ this could be done in any form i. e either the home owners be given leverage to pay back the borrowed credit by lowering of interest rates, making the payment schedule long enough that should not hamper the life style or the credit for ownership be converted into something like monthly rentââ¬â¢ that would be nominal enough to ward off the burden and wouldnââ¬â¢t render homes unoccupied. CONCLUSION General conclusion Internal/External forces An incident that took place inside the United States has become a global issue. Thus its not the US alone that is shaping its courseââ¬â¢ there are multiple forces now acting on it. Internally the new US administration has taken a shift towards more of stimulating the economy then to put all eggs in caskets of fallen juggernauts. Thereââ¬â¢s more of realization in extending a helping hand to the Main Street then the Wall, as they believe in giving a push to the unconventional engines of economy to burn then to rectify the more conventional powerhousesââ¬â¢ demise of which lead to this failure. Externallyââ¬â¢ all those capitals and their financial entities that had any link in one form or the other has bore the brunt of the great crumple. Itââ¬â¢s the sheer size of US economy that can not be ignored, the after shocks of the quake that jolted this land are still being felt across the globe, that transpired into several global integrated moves and till nowââ¬â¢ two G20 summits. Issues have now metamorphed and transpired into trade, barriers, national bailouts, global credit, energyâ⬠¦and is growing more complex. At the time when single combined stance is direly needed, thereââ¬â¢s temptation across the horizon for receding back and protecting own borders by raising the levies across frontiers. The US with all its bailouts can not even come into being without foreign governmentââ¬â¢s nodes to finance them, America can heal without others lending life saving medicament on credit. And as the fears grow for more nationalistic approach by the US government getting protectionist while confining its bailout money only to the made by Americanââ¬â¢s industry, fears for back lash from across the shoreââ¬â¢ specifically the Pacific would be harmful. Today America needs world more then the opposite, the current recession has already altered focus and has dragged it away. World has benefited and lately suffered from what came out of US shores, what matters now isââ¬â¢ what comes in! Whatââ¬â¢s the present trend? ââ¬ËGlimmers of Hopeââ¬â¢ can best describe the present situation as stipulated by the current US Presidentââ¬â¢ supplemented by words of caution that the economy still needed time and a zealous effort to heal lest recoil. The statement might be true if put into context that the free fall is not that free now and things have begun to look less awry and not outwardly defiled. Stock exchange can be seen to trek towards damage attenuation, SMEs are showing desire for loans thus setting forth the signs that they have begun to trust the banking entity ââ¬Ëagainââ¬â¢, tax reductions announced in all of previous packages would soon bear fruit by leveraging pay checks to easeââ¬â¢ thus paving way for mortgage industry to palliate as it offers worthwhile deals because of the all-time-low prices (Spetalnick, 2009). Global economy has become immensely complicated to predict, overly complex to control and wild enough to steer, once disturbedââ¬â¢ it listens to its own. Economies have momentum; it can not be stopped and accelerated by the push and pull of pedals. So is the current situation, despite all the predictions and dooms day scenarios sketched by ââ¬Ëeminentââ¬â¢ economist of the looming Depressionââ¬â¢ the fall seems to lose it g! the burst seems to lose its steam and indications. Though the foreclosures are still there and so are the job and credit loses but they have simple lost the glitter. With bailout replaced by stimulus, the ointment has been replaced by healthy diet to kindle the body to heal on its own. Whatââ¬â¢s speculation for the future? ââ¬Å"The American moment is not over, but it must be seized anewâ⬠Barack Obama, (McCain, 2009) divulging the very resolution that United States is not ready to subside rather it is there to retrieve the lost insight. USA stands to embark on a path to New Leadership with new vision suffused by common principles of humanity, security, justice and above allââ¬â¢ equality, but how can it assume the burden of Global Leadership amid haze of thickening economic extremity? The new commander-in-chief has got a colossal task on his handsââ¬â¢ would he be able to mould new leaf among the folio of history? Dispelling the Dooms day prognostication and economy-on-the-rupture speculationsââ¬â¢ there exist a fair chance that the United States economy would be saved and so be the world. No matter how deep the fissures goââ¬â¢ sheer size of US economy would render it afloat, the world as we know today could not and would not let the economic colossal to collapse. Nevertheless on the realistic front, yes enormous amount of damage still roams across and severe confidence deficit exists both on the producer and consumer sideââ¬â¢ that could only be addressed by bitter short term moves and bolder long term policies. References Admin, ââ¬Å"World banks make emergency rate cuts. â⬠700billiondollarbailoutplan 08 Oct 2008 Web. 18 Apr 2009. http://www. 700billiondollarbailoutplan. com/2008/10/world-banks-make-emergency-rate-cuts/ Admin, ââ¬Å"The 8 trillion dollar bailout. â⬠700billiondollarbailoutplan 06 jan 2009 Web. 19 Apr 2009. http://www. 700billiondollarbailoutplan. com/tag/700-billion-dollar-bailout-plan/ Baker, Dean. ââ¬Å"An interview with Dean Baker on the US$ 700bn bailout of financial institutions. â⬠global subsidies initiative 6 nov 2008 Web. 19 Apr 2009. http://www. globalsubsidies. org/en/subsidy-watch/commentary/an-interview-with-dean-baker-us-700bn-bailout-financial-institutions Bardhan, Ashok Of Subprimes and Subsidies: ââ¬Å"The Political Economy of the Financial Crisisâ⬠SSRN (October 2008): http://ssrn. com/abstract=1270196 Bebchuck, Lucian. ââ¬Å"A Plan for Addressing the Financial Crisis . â⬠SSRN 28 Sep 2008 24. Web. 18 Apr 2009. http://ssrn. com/abstract=1273241. Christopher, Lamy. ââ¬Å"The Financial Crisis of 2008:â⬠SSRN 05 Oct 2008 Web. 17 Apr 2009. http://ssrn. com/abstract=1274337 Demyanyk, Yuliya S. and Van Hemert, Otto, ââ¬Å"Understanding the Subprime Mortgage Crisisâ⬠SSRN 5 Dec 2008 http://ssrn. com/abstract=1020396 Davidoff, Steven M. and Zaring, David T. ,Big Deal: ââ¬Å"The Governmentââ¬â¢s Response to the Financial Crisisâ⬠SSRN (November 24, 2008). : http://ssrn. com/abstract=1306342 Harvey, Campbell. ââ¬Å"The Financial Crisis of 2008: What Needs to Happen after TARP. â⬠SSRN 05 Oct 2008 Web. 17 Apr 2009. http://ssrn. com/abstract=1274327 Jeremy, ââ¬Å"Full Text and Details of the Proposed $700 Billion Government Bailout Bill ââ¬â Draft Submitted Sunday Evening. â⬠genxfinance 28 sep 2008 Web. 19 Apr 2009. http://genxfinance. com/2008/09/28/full-text-and-details-of-the-proposed-700-billion-government-bailout-bill-draft-submitted-sunday-evening/ McCain, John. ââ¬Å"An Enduring Peace Built on Freedom Securing Americaââ¬â¢s Future . â⬠Foreign Affairs Dec 2007 Web. 19 Apr 2009. http://www. foreignaffairs. com/articles/63007/john-mccain/an-enduring-peace-built-on-freedom Murphy, Austin. An Analysis of the Financial Crisis of 2008: Causes and Solutionsâ⬠SSRN (November 4, 2008): http://ssrn. com/abstract=1295344 Stout, david. ââ¬Å"The Wall Street Bailout Plan, Explained. â⬠the NYT 20 SEP 2008 Web. 18 Apr 2009. http://www. nytimes. com/2008/09/21/business/21qanda. html. Schwarcz, Steven L. ââ¬Å"Understanding the ââ¬ËSubprimeââ¬â¢ Financial Crisisâ⬠SSRN (October 30, 2008). : http://ssrn. com/abstract=1288687 Spetalnick, Matt. ââ¬Å"Obama sees signs of economic progess. â⬠Reuters 11 apr 2009 Web. 19 Apr 2009. http://www. reuters. com/article/businessNews/idUSWBT01103020090411? feedType=RSSfeedName=businessNews. Ryan , Stephen. ââ¬Å"Accounting in and for the Subprime Crisis. â⬠SSRN 26 March 2008 Web. 18 Apr 2009. http://ssrn. com/abstract=1115323 Whalen, Christopher. ââ¬Å"The Subprime Crisis: Cause, Effect and Consequences. â⬠SSRN 1 mar 2008 Web. 18 Apr 2009. http://ssrn. com/abstract=1113888. Wilson, Linus. ââ¬Å"Debt Overhang and Bank Bailouts. â⬠SSRN 02 Feb 2009 Web. 17 Apr 2009. http://ssrn. com/abstract=1336288 How to cite Bailout shq, Papers
Saturday, May 2, 2020
The Key to Effective Leadership-Free-Samples-Myassignmenthelp.com
Question: Write a Reflection on Leadership based on your experience with the Leader Project. Answer: A survey was conducted by me in the team to gather the ideas and reviews to improve as a leader. This has been done to enhance the performance of myself as a leader in the Multi-disciplinary teams. Various questions were asked for the same and the answers got from the team members from which the improvements have to be made after looking on to the feedbacks and reviews of the team members. On asking that how I am capable enough to empower my team members and how they feel accountable for their performance, the team members replied that I am a good listener but need to be more involved with them. Being a good listener always helps in becoming a better co-worker or a leader (Ajmeri, 2012). For this, I could hold regular meetings with them and try to be more supportive for the team as a whole. I can bring people together to ask them their opinions and should try to take initiative for my team members whenever they seek support and help from me. To make people valued and included, I can involve my team members in the decision making activities which would develop a feeling of involvement among the team members. I received a feedback that I am dynamic and understand my team members but I can be more effective if I will get to know the members personally. For this, I can conduct one on one meetings with the team members or could arrange the parties at the end of the month or two to get along with the personally too. To make my team high performing and more effective I have to encourage and motivate them from time to time. I have to train my team to make them ready for the changes and so that they do not get restraint to changes. I realised that getting the feedbacks from the team members could help me in making myself more responsible and effective. I should encourage my team members to regularly provide their feedbacks and to approach me in case of any hurdles. This would make the team members more frank and open with the leader and the problems will be resolved more easily than before (Aguilar, 2016). The regular communication is must and it helps in making the team members more skilled and effective (Miller, 2012). I could also conduct development sessions which would make my bonding stronger with the team. I could hold a brainstorming session which will not only help in making the team more involved but will also bring innovative ideas for the team. I have to keep myself calm and supportive in the periods of change so that the team members could follow the same. I have to be involved in my team regularly. Active and on-going managers are better than the ones who remains lost. Holding a control and command is important for a leader (Hays, 2007). For being a better leader for my team, I will have to adopt a good combination of skills which will help in building interests and relationships and will also provide me a good control over the team members to have better performance. References Aguilar, E 2016, Reflecting on Yourself as a Leader, Edutopia. Ajmeri, D 2012, A Reflection on Leadership based on my experience with the LEADER Project, Ivey Business School. Hays, R 2007, Reflection: What Makes a Good Leader?, Unitarian Universalist Church of Palo Alto. Miller, P 2012, Self-reflection: the key to effective leadership, Today's Manager.
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