The Fairy Tales Of Gun Control Essays - Firearms, Gun Politics

The Fairy Tales Of Gun Control The Fairy Tales of Gun Control When a madman in Dunblane, Great Britain rampages and kills 16 children, it was the fuel politicians needed to fire the anti-gun movement. Great Britain banned the sale and ownership of handguns in 1997. But nobody expected the surge of violent crime that followed. Britains rate of assault, robbery, and burglary now exceed those in the United States. Murder and rape figures are now getting closer to U.S. rates. Between 1997 and 1999 were the highest murder rates in the past 10 years. According to Dr. Timothy Wheeler, American news media have virtually ignored this amazing change, even as politicians push more stringent, British-style gun-control. Gun control would not work in the U.S. because it would diminish public safety, raise crime rates, and boost the illegal sale of firearms. The public view of the gun is that it is used to commit violent crimes. But the truth is that the gun is also used everyday to protect the public. Every law officers and enforcement agent uses guns to control everyday criminal activity and protect the public. But public citizens to protect themselves and others also use the gun. One such case is the Pearl High School shooting. Joel Myrick, an assistant principal at the school, heard shoots and herded students into his office and locked up the door behind him. Myrick remembered that he had his .45 automatic in his car because he always takes a weapon whenever he travels. Myrick ran to his car and after getting his gun, he chased down the shooter, Luke Woodham, and forced him onto the ground as they waited for police to arrive. As Kenneth Smith reported, anyone reading the local paper would have known all about Joel Myricks heroics. But anyone watching a national evening newscast wouldnt have known that it took an armed man to stop the shooting. Another such case were a gun was used to protect the public was in Edinboro, Pennsylvania. In April 1998, a 14 year-old student walked into a school dance with a .25-caliber handgun and opened fire, killing a science teacher and wounding several students. When he fled the scene, the owner or the hall, James Strand, chased him down with a shotgun into a field and held him for 11 minutes until police arrived. Kenneth Smith reports that New York Daily News said only that Strand had persuaded the shooter to surrender and the shotgun was never mentioned. In May 1998, gun education stopped 15-year old Kip Kinkel from his shooting spree in the cafeteria of Thurston High School in Springfield, Oregon. At one time, he pointed a .22 caliber semiautomatic rifle at a students head and attempted to fire three times but nothing happened. Jacob Ryker, who was shot in the lungs, Charged 15 feet and tackled Kinkel and disarmed him. Kenneth Smith wrote ABCs Ted Koppel credited Ryker with halting the shooting, non-of the specific details were given and the program quickly turne d into another debate on gun control. Kenneth Smiths retaliation in his report was Ryker knew when to attack Kinkel because Ryker knew the gun was out of ammunition. Ryker and his family were hunters and target shooters and his familiarity with firearms helped to stop the shooting. Secondly, gun control would raise the crime rates in the U.S. The public would not be able to protect themselves against criminals with illegal firearms. Even Darrel Scott, whose 17 year-old daughter, died in the Columbine massacre, is skeptic of the new gun control measures. Scott argues, No amount of laws can stop someone who spends months planning this type of massacre. Furthermore, as reporter Kenneth Smith points out, a Florida State University study says Americans use guns to defend themselves as many as 2.5 million a year. In most cases, the gun were not fired but was used to deter the criminals. In addition, when Great Britain banned the sale and ownership of handguns in 1997, crime rates rose dramatically in the following year. As Doctor Timothy Wheeler point out, in 1998, BBC News reported that violence against a person rose by 16% and sexual offenses rose by 4.5%. The robbery

cloning is morally wrong essays

cloning is morally wrong essays Cloning is an issue that touches upon the most profound ethical issues. If humans even consider cloning each other then they should revise what is morally and ethically right and wrong. The cloning of any species, whether its human or non-human is by all means wrong. Denmarks Minister of Research agrees to the idea of cloning, or at least starting the cloning experiments. By votes of 11 to 5, the pro side has won the argument for cloning research. According to The Lancet magazine, researchers are about to be ready to start cloning as soon as legalization is drawn up. I personally think that should there be a universally unethical act, it should be cloning. If we want to look for a clear reason to why we should not clone, we should apply this to our selves. Imagine if there is a clone of you 20 or 30 years from now? Doesnt that shake the idea of the self? Identity is then no longer valid. On top of all, according to most religions, cloning would interfere with the will of God. Creation of human beings is a natural process that God has blessed us with. Interfering with this natural cycle is just like telling God: NO! Some people do not believe in morality in the first place. Others do not believe in the existence of God either. To those people, the simplest reason to why we should not clone humans would be the great risk of producing deformed humans. Then those who would survive will have to live with a defect for the rest of their lives without a reason. Secondly, if technology is able to develop human organs in animals, then what would be the line between human and non human. As a conclusion, cloning is interfering with lifes natural cycle and is a morally incorrect process. I think humans should start thinking of what they are doing before taking action ...

Nelson Surname Meaning and Family History

Nelson Surname Meaning and Family History Nelson is a patronymic surname meaning son of Nell, a form of the Irish name Neal, from the Gaelic Niall, which is thought to mean  champion. In some situations the surname could also be matronymic, meaning son of Eleanor, a female given name with the same origins as Neal. Nelson could also be an Anglicized spelling of similar sounding  Scandinavian surnames such as Nilsen, Nielsen, and Nilsson. Surname Origin:  Irish Alternate Surname Spellings:  NEILSON, NEALSON, NILSON, NILSEN, NILSSON, NIELSEN Famous People with the Surname Nelson Willie Nelson - American country music artist and songwriterHoratio Nelson - great English naval leader during the Napoleonic WarsJohn Allen Nelson - American actor Where the Nelson  Surname Is Most Commonly Found Today, the Nelson surname is most common in the United States, according to surname distribution data from Forebears, ranked as the 34th most common surname in the country. WorldNames PublicProfiler profiles Nelson as most popular in the northern midwest and northwestern states- especially Minnesota, North Dakota, South Dakota, and Montana- possibly due to large numbers of Scandinavian immigrants to those areas. Nelson is also a fairly common last name in a number of African countries, according to Forebears, including Uganda and Mozambique, and in the Caribbean. Based on 1901 census data, Nelson was not very common in Ireland, with the exception of the Northern Ireland county of Antrim, followed by Down, Londonderry, and Tyrone. Irish surname mapping tools from John Grenham indicate that the Nelson surname is especially common in Northern Ireland, particularly in the counties of Down and Antrim. This was true in the mid-nineteenth century based on Griffiths Valuation (1847–1864), as well as into the twentieth century based on a mapping of Nelson births between 1864 and 1913. Genealogy Resources for the Surname Nelson 100 Most Common U.S. Surnames Their Meanings: Smith, Johnson, Williams, Jones, Brown... Are you one of the millions of Americans sporting one of these top 100 common last names from the 2000 census?Nelson DNA Project: Join up with other Nelson descendants who are using DNA to help sort out their various family lines.Nelson  Family Crest - Its Not What You Think: Contrary to what you may hear, there is no such thing as a Nelson  family crest or coat of arms for the Nelson surname.  Coats of arms are granted to individuals, not families, and may rightfully be used only by the uninterrupted male-line descendants of the person to whom the coat of arms was originally granted.Nelson Family Genealogy Forum: Search this popular genealogy forum for the Nelson surname to find others who might be researching your ancestors, or post your own Nelson query.FamilySearch - NELSON  Genealogy: Explore over 11  million  historical records which mention individuals with the Nelson  surnam e, as well as online Nelson family trees on this free website hosted by the Church of Jesus Christ of Latter-day Saints. NELSON Surname Family Mailing Lists: RootsWeb hosts several free mailing lists for researchers of the Nelson surname.DistantCousin.com - NELSON Genealogy Family History: Free databases and genealogy links for the last name Nelson.GeneaNet - Nelson  Records: GeneaNet includes archival records, family trees, and other resources for individuals with the Nelson  surname, with a concentration on records and families from France and other European countries.The Nelson  Genealogy and Family Tree Page: Browse family trees and links to genealogical and historical records for individuals with the last name Nelson  from the website of Genealogy Today. References Cottle, Basil.  Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967.Dorward, David.  Scottish Surnames. Collins Celtic (Pocket edition), 1998.Fucilla, Joseph.  Our Italian Surnames. Genealogical Publishing Company, 2003.Hanks, Patrick, and Flavia Hodges.  A Dictionary of Surnames. Oxford University Press, 1989.Hanks, Patrick.  Dictionary of American Family Names. Oxford University Press, 2003.Reaney, P.H.  A Dictionary of English Surnames. Oxford University Press, 1997.Smith, Elsdon C.  American Surnames. Genealogical Publishing Company, 1997

Managment and leadership development Essay Example | Topics and Well Written Essays - 1750 words

Managment and leadership development - Essay Example In order to understand the value of management and leadership development, it is important to go to the roots of why and what makes management and leadership development under focus. Do we have the appropriate environment and systems to develop these Leaders? Why do we need success managers and success leaders? And then what makes success managers and leaders. What sort of influence does early childhood on leader's success? What critical channel must leaders follow on their Journey to success? How long will take them? What are the life experiences that contribute to leadership success? What must success Managers and great Leaders do exceptionally very well to become and remain outstanding? So is it education? Is it luck? Is it who knows how? Is it chance? †¦and so on. Years back when we talked about the old management theories such as the Scientific theory of Fredric Taylor and Henri Fayol – The Science Management concept and even Max Webber in Germany with his concept an d theories after the II World War as all military soldiers sent to work in the Civil Service offices as Supervisors, Managers and Department Heads. Unfortunately, these were wrong people at wrong jobs as they keep on practicing the Military rules by passing instruction like Father to Son and Supervisor and Subordinate. Such theories in my opinion have not developed effective management and success leaders, because there were no proper management development centre's or assessment systems such as 360 degree feedback, or key performance indicators (KPI) as of today. 2. Leadership – overview, definition The Common belief that leaders are born has come to be outdated. Continued studies and researches have come to conclusion that leaders are made rather than born. I and based on my analysis, reading and researching belief that yes leaders are made but also are born with certain characteristics, charisma and qualities of proper personalities example if a person is shy, weak, hesita nt, negative minded†¦etc will be difficult to develop him as a leader. Leadership is badly needed for Organizational success, as someone has to take the hard and tough decisions, take responsibilities during crises, lead the way forward. There is a say that one Lion leads thousands of Rabbits better than one Rabbit leads thousands of Lions. Various definitions have been developed for explaining the context of leadership. One of the most known definitions of this type is that of Kotter (1996). In accordance with the above theorist, the leadership should be described as follows: ‘Leadership defines what the future should look like, aligns people with that vision and inspires them to make it happen, despite the obstacles’ (Kotter 1996, p.25 in Wallin 2010, p.26). 3. Theories on leadership Leadership is influencing people to get things done to standard and quality above their norm and doing it willingly. Generally, leadership could be described as follows: lead more, M anage less, empower inspire and energize people and unlock their true potential. Also great leaders make a difference not only to themselves but also to those around them. However great leaders produce great results. In accordance with the theory of Mintzberg, the elements of the leadership can be made clear if the specific framework is explained using a metaphor; in the context of this metaphor, as Mintzberg notes, the leadership should be regarded as an art or craftsmanship (Koivunen et al. 2009, p.169).

Savings and Weath in Old Age Essay Example | Topics and Well Written Essays - 2250 words

Savings and Weath in Old Age - Essay Example The government is responsible in setting up policies that will help individual to accumulate resources that will aid them when they reach the retirement age or old age. For this reason one finds pension policies, taxation policies, housing policies and policies that govern homes where the old can live. The economy of America depends on the saving behavior of the people. To come up with this kind of behavior, one has to look at the patterns at which people are saving or view savings. Patterns of saving reveal the economic conditions of a country. High savings mean that individuals have high disposable income thus their living standards are better (Graham et. al., 2003). The saving rates of Americans have lately decreased to 5.3% from 7.6% annually. This is because very many Americans have a problem with household debt which has been on the increase. This is because Americans are spending more money in purchasing things that are essential for their existence. There is the problem of the wealth effect where the more an individual owns the more he or she needs to pay for it. The taxation policy really discourages savings and thus when such a wealthy person gets old; they have nothing to spend because he or she spent it securing the wealth. This reduces the accumulation of wealth for usage during the old age (Graham et. al., 2003). For the past ten years, there has been a great... People can quickly acquire liquid cash easily than before. This is increasing the inflation rate thus making things become more expensive and savings reducing completely. When one spends time purchasing goods and services for the use of that particular time, then it means that they have no more cash to keep for later use or for emergencies. Thus wealth is not accumulated and its abundance is a long gone story. This is a negative impact to the people because they have nothing to sustain them when they reach old age (Paul M. et al., 1996). Since the government sets the particular policies that affect the savings behavior of the people, it has the responsibility of coming up with public policies that will increase national savings. These can only be done by making good public policies. It can first of all make contractionary monetary policies to control the circulation of liquid cash within the economy. This will reduce the amount of liquid cash that is circulating within the economy. The action will reduce inflation by making money become scarce to the people. Thus expenditure in goods and services will reduce prompting people to save more (Paul M. et al., 1996). Savings can not be done by the government alone. Americans need to balance their purchase of things to enable them to save for their future which is mostly old age. These can be done through campaigns that are being used to educate individuals against high rates of purchasing. They need to learn to purchase the most important things and leave out those that are less important (Paul M. et al., 1996). The taxation policy by the government is a complete discouragement to saving by

Motivation Essay Example for Free

Motivation Essay 1. Define and discuss motivation. Which theory of motivation offers the best chance, if handled properly, of increasing productivity in your workplace? Motivation can be described as a process that accounts for an individuals intensity, direction and persisitence of efforts towards attaining a goal (Robbins, 2004). While general motivation is concerned with motivation towards the achievement of any goal, this paper will be discussing motivation in relation to organizational goals, as the focus is on work related behavior (Robbins, 2004). With regards to the definition, there are 3 key elements related to motivation. Intensity is concerned with how hard a person tries to achieve a goal. But in order for intensity to trnaslate into better performance it has to be channeled in the right direction. So, the quality of the intensity is very essential. Persistence is another dimension to motivation. It is a measure of how long a person can maintain his or her efforts. There have been numerous theories on motivation, devised and tested multiple times. But the theory I find most relevant and important to a workplace, the work be of any nature, is the expectacy theory, put forward by Victor Vroom (Robbins, 2004). Expectancy theory focuses on three main relationships. The effort-performance relationship, performance-reward relationship and the reward-personal goal relationship. In more practical terms, expectancy theory says that when an employee puts in effort o his job it is partly because he believes his effort will translate into better performance, but this performance alone would be useless to him, until and unless there are obvious benefits attached to better performance, i.e. rewards. These rewrds may be monetary or non-monetary and may vary from a promotion or pay increment to a pat on the back from the boss and a word or two of appreciation from the supervisor. This would motivate the workforce, as every individual will perceive that with this job he would be able accomplish his personal goals. 2. Define and discuss leadership. Which style is presently used in your own workplace? Which style is needed, or which style do you believe should be used to increase productivity? Leadership theories have great applications in business settings. For example, some organizations look for leadership traits when choosing a candidate for a leadership position.   Most organizations that we normally encounter look for specific personality traits of individuals such as their openness to experience, social behavior, extraversion etc. These are the traits that are associated with good leaders. Extraversion is a trait that is mostly associated with leadership emergence because extraverted people are quick to establish contacts, have usually good communication skills and are emotionally aware of others. Similarly, openness to experience is a good indicator of a leader’s ability to encounter and deal with new situations. Contemporary theories of leadership such as Charismatic leadership and Transformational leadership fit very well in the dynamic situation of the contemporary world. Contemporary leadership theories view leaders as individuals who inspire their followers through their words, ideas and behaviors. And this is so true of today’s successful leaders (Kotter, 1995).   Charismatic leadership theory can be applied to leaders such as New York mayor Rudy Guiliani, African President Nelson Mandela, and African-American leader Martin Luther King. Through his rhetoric, Martin Luther king was able to consolidate the civil rights movement and became one of the most inspiring leaders (Kotter, 1995). Contemporary leadership theories are forward looking as they emphasize on leader’s vision. A clear vision is described as one of the qualities of charismatic leaders because it is their vision that binds their followers and becomes the impetus for change. Moreover, contemporary leadership theories put emphasis on leader-follower relationship as in Leader Exchange Theory (Robbins, 2004). As employees become more empowered, leader-follower relationship becomes even more important and contemporary leadership theories provide valuable information in this regard. So, in essence, leadership has a huge role to play when it comes to the employees’ attitude towards work. Because, if a leader can inspire and motivate his or her followers, it may help bring out a more positive attitude from them, and ultimately this would have a positive impact on the productivity of the company.

Motherly Figures in The Secret Life of Bees :: essays research papers

Lily has a lot of mother figures in her life. In ?The Secret Life of Bees? two mother figures that she has are Rosaleen and August. A mother cares for her young and guides them trough life. She comforts and soothes them when they need it. Lily?s Mothers are Rosaleen and August. Both act as mothers for Lily in different ways. Rosaleen is the disciplinary figure in Lily?s life. She is tough and sometimes mean but really she loves Lily. Lily knew that ?despite her sharp ways, her heart was more tender than a flower skin and she loved her beyond reason?. Rosaleen also shows her love for Lily when she avoids telling Lily that her mother left her. She knew this would break Lily?s heart. Another motherly figure in Lily?s life is August. She encourages Lily to open her heart and reveal the truth to them. August is very patient and would make a great mother. Even though she knew that Lily was lying to her, she gave Lily a chance to settle down. In doing this she was wise. If she had confronted Lily, Lily probably would have left the house. Unlike June even though Lily was white she still treated her regularly. August was more of a friend to Lily. They shared many interests. One of these interests was to mix cola with peanuts. Another interest that they shared was that they loved beekeeping. Rosaleen did not have as much in common as Lily did. She was more of a caretaker to Lily than a friend. When they lived with T. Ray she would cook dinner and dress Lily up. Even though Lily does not have much in common with her she still loves her. August was correct when she said that Lily must be her own mother. Lily will not always have someone to care for her. If this happens she must learn to care for herself. Lily was also relying too much on the statue of Mary. When the statue of Mary was chained up Lily could not go to her for help. Motherly Figures in The Secret Life of Bees :: essays research papers Lily has a lot of mother figures in her life. In ?The Secret Life of Bees? two mother figures that she has are Rosaleen and August. A mother cares for her young and guides them trough life. She comforts and soothes them when they need it. Lily?s Mothers are Rosaleen and August. Both act as mothers for Lily in different ways. Rosaleen is the disciplinary figure in Lily?s life. She is tough and sometimes mean but really she loves Lily. Lily knew that ?despite her sharp ways, her heart was more tender than a flower skin and she loved her beyond reason?. Rosaleen also shows her love for Lily when she avoids telling Lily that her mother left her. She knew this would break Lily?s heart. Another motherly figure in Lily?s life is August. She encourages Lily to open her heart and reveal the truth to them. August is very patient and would make a great mother. Even though she knew that Lily was lying to her, she gave Lily a chance to settle down. In doing this she was wise. If she had confronted Lily, Lily probably would have left the house. Unlike June even though Lily was white she still treated her regularly. August was more of a friend to Lily. They shared many interests. One of these interests was to mix cola with peanuts. Another interest that they shared was that they loved beekeeping. Rosaleen did not have as much in common as Lily did. She was more of a caretaker to Lily than a friend. When they lived with T. Ray she would cook dinner and dress Lily up. Even though Lily does not have much in common with her she still loves her. August was correct when she said that Lily must be her own mother. Lily will not always have someone to care for her. If this happens she must learn to care for herself. Lily was also relying too much on the statue of Mary. When the statue of Mary was chained up Lily could not go to her for help.

Employee Diversity Assignment Essay

The most fundamental of the definition of employee diversity are focus on race, gender, nationality, age. According to (Nancy R, June 2005), fast technological change, globalization, the demand for skills and education, an aging workforce and greater ethnic diversification in the labor market have greatly influenced the arrangement of diversity today. Today’s definition of employee diversity includes race, age, ethnicity, gender or personality and work style, secondary influence such as religion, socioeconomics and education. Nowadays, employee diversity is very population the work place. It has advantages also accompanied by the disadvantages. 2. Advantages of employee diversity to the organizations 2. 1. Advantage of Language diversity: In the organization if the employees are speaking different languages, it may bring some benefits to the organization. For example, in the one company if the staffs speak not only one language, when the company need some staff to go overseas to join some meetings or do some inspections and research. So the company can only pick up some staffs that can speak those countries’ languages and send them for the meetings or inspections instead of find out some translators or even spend money to hire some consultants. It really can save the expenditure for the company. Nowadays, if a company want to be succeed, it really need to be able to better integrate into this world and also need to broaden their horizons. The employees are the main force of the company; their performances are really affecting the company’s future. The employees’ language diversity can help the company to explore more overseas markets and make them more competitive. 2. 2. Advantage of Gender diversity Gender diversity also has its own advantages for organization. In an era, people change their ways of thinking the gender diversity in the work place. They realized that not only men can do every work in the work place. Now, women are becoming more and more important in organization. Nowadays women have the skill set for the new competitive demands of technical work. Companies agree that they need more technical leaders with varied skills such as interpersonal skills and business skills. 93% of technical leaders in a survey indentified the building of collaborative networks in an organization as a crucial component of leadership (White, B, 2006). Women have the skills to meet the new demands of technological work both in terms of technical and interpersonal skills (Tray, L, 2007). Of course interpersonal skills are really needed in the organization; it is very useful and helpful for running the organization. All those show that women are indeed more suitable for certain parts of organization. These are also the advantages of gender diversity. 2. 3. Advantage of Age diversity Age diversity has its own advantages in the workplace. Nowadays in the work place, there are many different age levels of workers. One part of them is old workers. More and more old workers in the work place are the current trend. Because now, people are retiring much later in life than before and their careers are extended in the present day. According to the research by United States Department of Labor shows that between 1977 and 2007 employment of workers 65 and over increased 101 percent, compared to a much smaller increase of 59 percent for total employment (16 and over). For those older workers they all worked long time in the work place, definitely they got more experience and knowledge than the young age workers. Those of them can transfer knowledge and experience to the new workers. It can help the organization save the expenditure for sending the new workers for training. And the old workers’ experience can help the new workers avoid some common mistakes. In the other hand, nowadays in the work place there are also many young age workers. They also can bring the benefits to the organization. Compare with older workers, younger workers are more creative and innovation. They can help the organization to make better decision and improve problem solving (Harvey, Carol P; M. June Allard, 2012). Nowadays, if the organization wants to remain competitive, it should encourage the staff to distribute a variety of ideas which leads to higher levels of innovation. This part of workers is really a new vitality of organization and they can help organization to keep up with the pace of the times. 3. The problems of employee diversity Consider the employee diversity in the work place. Besides the benefits, there are many problems come out as well. And all these problems may lead to loss for the organization. Below two problems are very common in the work place. 3. 1. Communication problem Communication barriers will lead to problems in the organization. For example, if a manager gives instructions about completing a task to a staff. But this staff fails to fully understanding the instructions because of the language barrier. And then the staff may make mistakes if he tries to complete the task without receiving clarify or even don’t know what the task it is. This problem will cause the delay of the task complete or even fail. It will really cause the losses for the company. And if during a team work, the staffs have communication problem. It will affect the efficiency of work and sometimes it will affect the relationships of the teammates. And also because of the employees may come from different countries, so they may have their own work styles and behaviors and those situations also can cause communication problems among the employees. And finally affect the organization’s benefit. 3. 2. Gender discrimination problem Gender discrimination is another very common phenomenon in the work place. According to the traditional thinking, women have been considered intellectually inferior to men and men are more capable than women at work. Thus, in the workplace, under the same conditions men will get more opportunity to be promoted than women. Same as in the management level, women’s suggestion and ideas sometimes will be ignored or unaccepted. Above phenomenon have also can led to the lack of teamwork and inefficiency work. And this is also a reason of pay-gap between male and female workers. Sometimes the gender discrimination even happened in the recruitment. During the interview men really get high chance to get the job than women. According to a survey conducted by the center for Women’s law and legal services of Peking University in 2009 (Women’s Law and Legal services, 2009). This survey researched 3,000 female employees over one year’s time and got the results by analyzing data interviewed some women employees. According to employers set different criteria in recruitment and women have to have excellent performance than their male competitors in interview to get the same job. More than 1/3 of those women said that male employees are easy to get promoted and priority is always given to male employees. This is fully illustrated gender discrimination really happened in the work place and it becomes a big problem in the workplace. . Solutions to the problem of employee diversity Regarding the problems of employee diversity in the work place, we need to get some solutions to avoid or solve them. In case of these problems damage the interests of organization. Solution to communication problem: ? Training: Employees could be provided proper training to receive in certain language courses if they have language barriers. They also need to be trained how to use the organization internally information system such as telephone system, e-mail system. Set a SOP for staff to check the work has been access properly: Communication problem always caused by misunderstanding and ambiguity and finally lead to loss for the organization. The organization leaders can set some SOPs for staff to make sure the work and information has been implemented properly. In the SOPs may include the instructions of work process and double check procedures. 2. Solutions of gender discrimination: ? Set the relevant regulation of gender discriminations: Make sure the employee handbook includes anti-gender discrimination policies. Create clear examples of gender discrimination to clarify any questions employees may have. And organize the staffs review and test regularly. ? Put reflected box in the work place: In the organization it can be set the reflected box in the work place to encourage and promote the staff to reflect any problems especially the gender discrimination. Once the phenomenon happened, the organization should resolve it quickly and given the appropriate punishment. 4. Conclusion The employee diversity is a reflection of a present trend of this times. Diverse work teams can bring high value and benefit to organizations.

Indian Financial System

FINANCIAL MANAGEMENT ASSIGNMENT ON INDIAN FINANCIAL SYSTEM & SOURCES OF LONG TERM AND SHORT TERM FINANCES SUBMITTED BY, PREMJITH. A P10144 PGDM 2010-12 INDIAN FINANCIAL SYSTEM The financial system in india refers to the system of borrowing and lending of funds or the demand for and the supply of funds of all individuals, institutions, companies and of the government.Commonly the Indian financial system is classified into: * Industrial finance: funds required for the conduct of industry and trade * Agricultural finance: funds needed and supplied for the conduct of agriculture and allied activity * Development finance: funds needed for development; actually it includes both industrial finance and agricultural finance * Government finance: relates to the demand for a nd supply of funds to meet government expenditure The mobilization of savings and the effective distribution of the savings among all those who demand the funds for investment purposes. The banking system, the insurance companies, mutual funds, investment funds and other institutions which promote savings among the public, collect their savings and transfer them to the actual investors * The investor in the country composed of individuals investors, industrial investors, industrial and trading companies and the government, these enters in the financial system as borrowers. FUNCTIONS OF INDIAN FINANCIAL SYSTEM The Indian financial system performs a crucial role in economic development of india through saving investment process also known as capital formation. Sometimes it is also calls financial market.The purpose of financial market is to mobile savings efficiently and allocates the same efficiency among the ultimate users of funds, ie: investors * Increase in savings, that is resources that are would have been normally used for consumption purposes should be released for other purposes. * Mobilization of savings – domestic savings collected by banking and financial institutions and placed at disposal of actual investors; and * Investment proper, which is the production of capital goods. COMPOSITION OF THE INDIAN FINANCIAL SYSTEM The Indian money market is the market in which short term funds are borrowed and lent.The capital market in india on the other hand, is the market for medium- term and long term funds. Reserve bank of india Organized sector Sub Market Unorganized sector Public sector banks Private sector banks NBFC IDFC, GIC, LIC Call money T- Bills Certificate for Deposit Commercial Papers SHORT TERM AND LONG TERM FUNDS SHARES Shares comes in the Long term funds. A share is a unit of capital of the company. It has a definite face value. It represents ownership rights of their holders. Buyers of shares are called shareholder and they are legal owners of the firm whose shares they hold.Each shareholder invest their money in the shares of a company in exception of a return on their investment capital. The return of shareholder consists of dividend and capital g ain. Share holder make capital gain or (loss) by selling their share. Each share carries a distinct number. Shares are transferable units. Shareholders are of two type ORDINARY and PREFERENCE shareholders. Preference share: These shares have preference over the ordinary shares in terms of payment of dividend and repayment of capital if company is wound up. They may be issued with or without a maturity period.REDEEMABLE PREFERENCE SHARE are shares with maturity and IRREDEEMABLE PREFERENCE SHARES without any maturity. The holder of preference shares get dividend at a fixed rate. With regards to dividend, preference shares may be issued with or without cumulative features. In the case of CUMULATIVE PREFERENCE SHARES unpaid dividends accumulate and are payable in the future. Dividends in arrears do not accumulate in the case of NON CUMULATIVE PREFERENCE SHARES. Features of Preference share Claim on income and assets: preference share is a senior security as compared to ordinary share.It has a prior claim on the company’s income in the sense that the company must first pay preference share dividend before paying the ordinary dividend. Fixed dividend: The dividend rate are fixed in the case of preferences share, and preference dividend are not tax deductable. Cumulative dividend: that all past unpaid dividend be paid before the ordinary dividends are paid. Ordinary Shares: represents the ownership position in a company. The holders of ordinary shares called shareholders are the legal owners of the company. Ordinary shares are the sources of permanent capital since they do not have a maturity date.However, the ordinay shareholders are entitled to receive dividends. The amount or rate of dividends are not fixed. An ordinary share is called variable income security. Being the owner the company, shareholders bear the risk of ownership; they are entitled to dividends after the income claims of others have been satisfied. Similarly, when the company is wound up, th ey can exercise their claim on assets after the claims of other suppliers of capital have been met. Features of Ordinary shares: Claims on income: Ordinary shareholders have a residual ownership claim.They have a claim to the residual income, which is earnings available for ordinary shareholder after paying expenses, interest charges, taxes and preference dividend. Claim on asset: Ordinary shareholder have residual claim on company asset in case of liquidation. Voting rights: Ordinary shareholder are required to vote on a number of important matters. The most significant proposals include: election of directors and change in memorandum of association. RIGHTS ISSUE When company distributes all earnings to shareholders, then, it can reacquire new capital from the same sources by issuing new shares called rights shares.BONDS A bond is a long term debt instrument or security. Bonds issued by the government do not have any risk of defaults. The private sector companies also issue bonds, which are called debentures. A company can issue secured and unsecured debenture. In case of bonds and debentures, the rate of interest is generally fixed and known to investors. Features of Bonds * Face value is the par value. A bond is generally issued at a par value of Rs:100 or Rs:1000, and interest in paid on face value. * Interest rate is fixed and known to bondholders.Interest paid on a bond is tax deductable. Interest rate is called coupon rate. * Maturity bond is generally issued for a specified period of time. It is repaid on maturity. * Redemption value The value that a bondholder will get on maturity is called redemption or maturity value. A bond may be redeemed at par or at premium or at discount. * Market value A bond may be traded in a stock exchange. The price at which it is currently sold or bought is called the market value of the bond. Market value may be different from par value or redemption value.Bonds may be classified into three (1) Bond with maturity (2) Pur e discount bonds (3) Perpetual bonds Bond with maturity The companies issue bonds that specify the interest rate and the maturity period. Pure discount bonds These bonds do not carry an explicit rate of interest. It provides for the payment lump sum amount at a future date in exchange for the current price of bond. Perpetual bonds These bonds are also consols, has an indefinite life and therefore, it has no maturity value. Types of Debentures * Convertible debenture (CD) * Non convertible debenture (NCD) * Fully convertible debenture (FCD) * Partly convertible debenture (PCD)WARRANTS A warrant entitles the purchaser to buy a fixed number of ordinary shares at a particular price during a specified time period. Warrants are generally issued along with debentures as sweeteners. Warrants are used in conjunction with ordinary or preference shares. Characteristics of Warrants Exercise price of a warrant is the price at which its holder can purchase the issuing firms ordinary shares. Exerc ise ratio states the number of ordinary shares that can be purchased at the exercise per warrants. Expiration date is the date when the option to buy ordinary shares in exchange of warrants expires.Detachability the warrant can either be a detachable or non detachable. Detachable warrants Warrant can be sold separately from debentures to which it is originally attached Non detachable warrants cannot be sold separately from the debenture to which it was originally attached. Some of the other methods used for raising long term capitals, * CUMULATIVE CONVERTIBLE PREFERNCE SHARE * DERIVATIVE SECURITIES * BORROWING FROM FINANCIAL INSTITUTION (BANKS) SHORT TERM FUNDS It is the market for near money, or it is the market for lending and borrowing of short funds.It is the market for lending and borrowing short term surplus investible funds of banks and other financial institution are demanded by borrowers comprising individual companies and the government. The composition of Indian money mar ket consist of Call money market One important submarket of the Indian money market is the Call money market, which is the market for very short term funds. This market is also known as money at call and short notice. This market has two segments (a) the call market or overnight market and (b) short notice market. The rate at which unds are borrowed and lent in this market is called the call money market. Call money rates are market determined by demand and supply of short term funds. The public sector banks account for about 80% for the demand and foreign banks and Indian private sector banks account for the balance of 20% of borrowings. NBFC’s like IDBI, GIC, LIC are call money market lenders. Bill market in India The bill market ir the discount market is the most important part of the money market where short bills normally up to 90days are bought and sold. The bill market is further subdivided into commercial bill market and treasury bill market.The 91 day treasury bills are the most common ways the government of india raises funds for the short period. Government has also introduced the 182 day T-Bills and 364 day T-bills, In 1997 government introduced 14 day T-Bill. Dated government securities The government of india has also decided to sell dated securities on an auction basis. The purpose of this government decision is: * To develop dated securities as a monetary instrument with flexible yields * To provide financial instrument to suit investors expectation, and * To meet Government needs directly from the market.Repo and reverse repos Repos are now a regular feature of RBI’s market operations, If the banking system experience liquidity shortage, then RBI comes to assist banking system by repurchasing government securities. When the government securities are repurchased from the market, payment is made by RBI to commercial banks and this adds to their liquidity and enables them to expand their credit to industry and trade. Reverse repo is to sell dated securities through auction at fixed cut off rate of interest.The objective is to provide short term avenue to banks to park their surplus funds. Certificate of Deposits (CD) The CD’s are another important money market instrument. They were issued by banks in multiples of Rs:25 lakhs to expand the investor base of CD’s, the min: value was reduced and is presently Rs: 1 lakhs. The maturity is between 3 months and one year. CD ‘s are freely transferable after 45 days after the date of issue. CD’s became immediately popular with banks for raising resources at competitive rates of interest.Commercial papers (CP) The commercial papers are issued by companies with networth of Rs 10 crores, later reduced to Rs: 5 crores. The CP is issued multiples of Rs. 25 lakhs subject to minimum issue of Rs 1 crore. The maturity of Cp is between 3 to 6 months. The purpose of introducing CP is to enable high level corporate borrowers to diversify their source of s hort term borrowings on the one hand and provide an additional instrument to the banks and financial instrument in the money market.Reference: Financial Management by I M Pandey

How to Choose a Building Lot for Your New House

How to Choose a Building Lot for Your New House Youre building a house. Which do you do first? 1. Select a style and a plan OR 2. Select a building lot? Both approaches have merit. If your heart is set on a Spanish style adobe home, a heavily treed lot may not make sense for you. Having an idea of the architectural style you prefer will determine the size and characteristics of your building site. You may run into problems, however, if you select a specific floor plan too soon. You can always design a home to suit a landscape, but you may not be able to alter a landscape to accommodate the specifications of predetermined house plans. The configuration of rooms, the placement of windows, the location of the driveway and many other design elements will be affected by the land you build on. The land itself has long been the inspiration for truly great homes. Consider Frank Lloyd Wrights Fallingwater. Constructed of concrete slabs, the house is anchored to a rugged stone hill in Mill Run, Pennsylvania. Compare Fallingwater with Mies van der Rohes Farnsworth House. Made almost entirely of transparent glass, this unearthly structure seems to float above a grassy plain in Plano, Illinois. Would the Farnsworth House seem as graceful and serene perched on a rocky hill? Would Fallingwater make such a powerful statement if it sat in a grass field? Probably not. Questions to Ask About Your Building Lot Once you have located a promising building site for your new home, spend some time on the building site. Walk the full length of the building site at different times of the day. If you are a follower of feng shui, you may want to think about the land in terms of its chi, or energy. If you prefer a more down-to-earth evaluation, think about ways the building site will influence the shape and style of your home. Ask yourself: What are the general characteristics of the land? Is it green and woodsy? Rocky and gray? Or, is it a vast open stretch with a golden hue? Will the prevailing colors of the landscape change with the seasons? Will the home you imagine blend with the landscape? Does the landscape suggest particular colors or materials you might include in the design of your home?Can other structures be clearly seen from the building lot? What is the prevailing architectural style? Will your proposed home fit the overall context of the neighborhood?Will the size of your proposed house be proportionate to the size of the lot? (You dont want to squeeze a mansion onto a postage stamp!)Is there a street or road? Should the house face toward or away from the road?Where should the driveway be located? Will there be enough room for cars and delivery trucks to turn around?Where are the most pleasing views? Where does the sun rise and set? Which views would you like to see from the living areas? From the kitchen ? From the bedrooms? Where should windows and doors be placed? If you are in a northern climate, how important is it to face the south? Will a southern exposure help you save on heating costs?Is the site flat? Are there hills or streams? Are there any other geological conditions that might affect the design or placement of your home?How much landscaping will be required? Will preparing the land for building and planting trees and shrubbery add to your final costs? The waterfall views at Fallingwater may look idyllic, but for most of us, building on a rocky hillside isnt practical. You want the site of your new home to be beautiful, but it must also be safe... and affordable. Before you make a final decision, youll need to consider a mind-boggling list of technical details. Check Your Building Lot For Common Problems As you narrow your search for an ideal building site, dont scrimp on getting expert advice on home building. Your builder can put you in touch with consultants with the legal and scientific expertise to offer building advice. Your consultants will investigate the characteristics of the land and explore zoning, building codes and other factors. Land Conditions Soil. Has the property been a victim of hazardous waste? Are there pollutants that may not be apparent to an untrained observer?Land Stability. Is the property is subject to land slides or sinkages?Water Drainage. Is the property located near a river? Are there hills or low spots which may make your home subject to water runoff? Err on the side of caution. Even Mies van der Rohe made a grievous mistake. He placed the Farnsworth House too close to a stream, and his masterpiece suffered serious flood damage as a result.Noise. Is there a nearby airport, highway, or railroad? How disruptive is it? Zoning, Building Codes and More Zoning. In five years, your beautiful views may be replaced by a highway or a housing development. Zoning regulations will indicate what may be legally constructed in the surrounding area.Building Codes. A variety of ordinances will affect the placement of your new home on the lot. Regulations will specify how close you can build to the property line, roads, streams, and lakes.Easements. Easements for electrical and telephone poles will limit the space you have for building your home.Public Utilities. Unless the property is in a development of suburban tract homes, there may not be easy access to electricity, gas, telephone, cable television or public water lines. Sewers. If there are no municipal sewers, youll need to know where you may legally place your septic system. Costs You may be tempted to skimp on the cost of your land so that you can spend more money on building your house. Dont. The cost of altering an unsuitable lot is likely to be more expensive than purchasing land that is meets your needs and your dreams. How much should you spend on a building lot? There are exceptions, but in most communities your land will represent 20% to 25% of your total building costs. Advice From Frank Lloyd Wright Building a house is often the easy part. Making decisions is stressful. In Wrights book The Natural House (Horizon, 1954), the master architect gives this advice on where to build: When selecting a site for your house, there is always the question of how close to the city you should be, and that depends on what kind of slave you are. The best thing to do is go as far out as you can get. Avoid the suburbs- dormitory towns- by all means. Go way out into the country- what you regard as too far- and when others follow, as they will (if procreation keeps up), move on.~p. 134

Business Process Management Essay

BUSINESS PROCESS MANAGEMENT PROJECT FRAMEWORK FAKULTAS EKONOMI DAN BISNIS JURUSAN MANAJEMEN UNIVERSITAS AIRLANGGA Nama : Dicky Tanamas Liemertha NIM : 041411231204 Kelas : J No Presensi : PEMBAHASAN Latar Belakang Nama † Surabaya † muncul di awal era Majapahit. Lokasi itu diyakini berasal namanya dari kata Sura atau Suro ( hiu ) dan Baya atau Boyo ( buaya ) , dua makhluk yang dalam mitos lokal , berperang satu sama lain untuk mendapatkan gelar † yang terkuat dan hewan paling†¦ been compiled by MAK Consultants to tackle the key areas of concern found within Dynatrix Pty Ltd and proposes potential solutions to the organisation. The key areas of review for this assessment include: †¢ Strategic and Tactical Planning †¢ Business Process flow and procedures This document summarizes the methodologies employed to complete the review and presents our findings and recommendations. Throughout this document we utilize terms such as will, should consider, and shall, for example,†¦ Student Name: Eltun Gadirov Student ID: 5945164 Degree Title: BA (Global Business Management) Level: UG Module: Business Management, and Decision-Making Process Module code: 206LON Teaching Fellow: Sunny Ramsurrun Assignment title: Coursework 1 Word count: 1.365 I, Eltun Gadirov confirm that this submission is my own work and I accept all responsibility for any copyright infringement that may occur as a result of this submission. Date of submission: 29.02.2016 Marks†¦ To implement the above management technique; business process improvement, for Five Below, Inc., it would be best to start with forming a process improvement team, instruct them and or train them in regards to business process improvement (BPI), and then create a plan of implementation. Utilizing information provided by Doss and Kamery (2006), there are steps that are needed. The first step of implementing business process improvement, the improvement must be organized. Organizing consists of constructing†¦ very likely key to success for any business, which is all because of the fact that BPM is composed of a system method of procedures to really operate an organization or business. Business Process Management (BPM) has the tendency to lessen the peril of unsuccessful procedures within a company, simply, because it is made up of all the processes and regular functions associated with the business and/or organization. Each person primary act of duty in the business is to fully understand what is actually†¦ Changes in BPM[edit] Roughly speaking, the idea of business process is as traditional as concepts of tasks, department, production, and outputs..[citation needed] The management and improvement approach as of 2010, with formal definitions and technical modeling, has been around since the early 1990s (see business process modeling). Note that the IT community often uses the term "business process" as synonymous with the management of middleware processes; or as synonymous with integrating application†¦ As a part of the strategic management process, one must develop a business level strategy. These are the actions that firms must take to achieve competitive advantage. All of these action and such are known as sources of cost advantage or can be under another source known as product differentiation. Sources of cost advantage falls under 6 key categories. These categories are economies of scale, competitor’s diseconomies of scale, learning curve economies, differential low-cost access to productive†¦ Lecture: Business Process Management (BPM) Business Process Management (BPM) is a management approach focused on aligning all aspects of an organization with the wants and needs of clients. It is a holistic management approach that promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. Business process management attempts to improve processes continuously. It could therefore be described as a "process optimization process." It is†¦ Business Process Reengineering and Human Resource Management By Hugh Willmott Judge Institute of Management University of Cambridge, UK A later version of this article appears in Personal Review, 23, 3: 34-46 (1994) For more information on published articles by Hugh Willmott please refer to http://dspace.dial.pipex.com/town/close/hr22/hcwhomeBusiness Process Reengineering and Human Resource Management Hugh Willmott Manchester School of Management, UMIST Abstract This article reviews the†¦ is study and then to analyze the impact of change management on Business Process Management System (BPMS) implementation. Business process Management faces several risks of failure just like traditional enterprise resource planning (ERP). Change has to be managed in a proper and appropriate manner. In order to control change management, collaboration and communication are very important factors so that success can be achieved. As change management or managing any identified change in an appropriate†¦

Company Sustainability CritiquBMO Financial Group Essay

Company Sustainability CritiquBMO Financial Group - Essay Example The third generation corporate social responsibility enveloped everything and every activity an organization is involved in or can be involved. This included the credibility of the processes and practices, reporting and measuring, integration of various disciplines, sustainable financial development, developing sustainable values and systems, strategies and visions of the organization and its overall structure. It included stakeholders and sustainability of environment and business. This critique is primarily based on the â€Å"2010 Corporate Responsibility Report and Public Accountability Statement†. The organization has been keeping track of each and every aspect of business that can directly or indirectly affect the community, environment and stakeholders. This has been identified as a major strategic vision for the sustainability of the business. The organization claims to evaluate each and every aspect of the business decision and the probable impact on the communities an d the major stakeholder of the same. The company is involved in integrating ESG (environmental, social and governance) factors in all its activities from financial to corporate citizenship3. In this direction, the organization has started publishing detailed corporate responsibility report. It provides information on each decision taken by the company and the probable impact on the environment to its major stakeholders4. Company Sustainability BMO is recognized for the corporate responsibility. There are various indexes and reports of various organizations that have supported the credibility and position of the company on various corporate governance and ethical issues. The company has been recognized for its corporate social responsibility by the esteemed performance indexes like Dow Jones sustainability North America Index, Jantzi Social Index, FTSE4Good Series Index, Jantzi Maclean’s and Corporate Knights’ Magazine (2003-2007) fifty most responsible corporation in C anada. The company has committed to its corporate responsibility and sustainability objectives. The company has identified various areas with sustainability challenges and collaboration where bank can intervene and work towards maintaining sustainability. Company has incorporated the sustainability objectives to its core values, governance structures and code of the conduct. The business policies are developed and implemented within the sphere of the corporate responsibility and sustainability objectives. Company has been consistently involved in the projects and activities that can add value to the sustainability objectives. Governance and Ethics The organization has evolved FirstPrinciples for all the employees that provides them an opportunity or authorizes them to report any incident or aspect that can be against the code of conduct of the business. There are various employees issues like conflict of interests, mishandling of staff by their seniors and other petty issues. Howeve r there has been handful of incidents reported. There can not be any question on the validity of these rights as company has ensured the confidentiality and anonymity to all the employees reporting any issue. Company is committed for the consistent monitoring of regulatory changes and best practices of corporate governance. The timely audit and the feedbacks allow them evaluating the governance practices along with the best practices of