Friday, December 27, 2019

The Epic Of Beowulf By William Shakespeare - 1549 Words

Beowulf is one of the earliest and most famous works of English literature, and is still widely read today. However, over a thousand years has passed since it was written down in England, and even longer since it was originally spread by word of mouth in the old norse lands, and our values and concepts of the world are radically different than the people of Beowulf’s age. Although the epic Beowulf shows their concept of simplistic duality, in which there is only black and white, good and evil, the modern movie adaptation shows a much more complex view on the world, which can be seen in its main characters Grendel, Hrothgar, and Beowulf himself. While in the epic poem Grendel is shown as pure evil, simply killing the Danes because he was a demon of pure evil intent, the Grendel of the movie is shown to be much more human and dynamic as a character. In the epic, Grendel is introduced as a descendant of Cain, the first person to commit the horrible sin of fratricide, and has no f ather, and an evil sea witch for a mother. He is enraged by the Danes in the Heorot mead hall, and attacks them in the night, mercilessly killing dozens of men. He does not speak any language, and is shown as more beast than man, with very little given to empathize with. When he is killed by Beowulf, there is none to mourn his passing, and all celebrate unanimously the killing of such a vile creature. However, in the movie, Grendel is illustrated as a much more dynamic, human, and relatable character.Show MoreRelatedThe Epic Of Beowulf By William Shakespeare932 Words   |  4 Pageshave the values of being kind and modest. Before Beowulf arrived to Herot he was known for his heroism, which was shown again and again during the fight with Grendel, the fight with Grendel’s mother, and his final battle with the dragon. While his heroism was shown at each of these events, there were changes in his heroic nature over time. Regardless of these changes, he was still seen as the migh ty hero throughout the epic poem of Beowulf. As Beowulf was making his voyage to Herot from Geatland toRead MoreThe Epic Of Beowulf By William Shakespeare939 Words   |  4 Pageswithout actually writing things down. These epics would be passed from one another through verbal communication and were based around different aspects of life for a someone of Anglo-Saxon descent. The story Beowulf is a perfect example of how Anglo-Saxons based their stories around their beliefs on how a hero should behave. Around the time the story was first told, people were often terrified of the horrible things in the world. The character Beowulf was built around how a hero would be representedRead MoreThe Epic Of Beowulf By William Shakespeare977 Words   |  4 Pageslooking at a culture’s epic tales and heroes one can get an insight to the culture’s values and traits that are noble to them. Beowulf, as an epic hero, is a direct representation of the ideal man as seen through Anglo-Saxon eyes. In looking at the poem Beowulf an d analyzing the characteristics of the epic hero, it will become evident the desired attributes that were desired in the Anglo-Saxon culture: physical strength, pride, bravery, selflessness, and loyalty. An epic hero is a person thatRead MoreThe Epic Of Beowulf By William Shakespeare953 Words   |  4 PagesBeowulf is one of the most well known pieces of literature in history. Written between 700 and 1000 AD, this poem has captured the minds of scholars, historians, and readers across the globe. However, despite the fact that it has been passed down for numerous centuries, perhaps one of its most fascinating characteristics are the intriguing battles that Beowulf, the protagonist, takes on. Throughout this epic poem, Beowulf takes on many battles, all of which are practically unwinnable. Each battleRead MoreThe Epic Of Beowulf By William Shakespeare1549 Words   |  7 PagesBeowulf is one of the earliest and most famous works of English literature, and is still widely read today. However, over a thousand years has passed since it was written down in England, and even longer since it was originally spread by word of mouth in the old Norse lands, and our values and concepts of th e world are radically different than the people of Beowulf’s age. Although the epic Beowulf shows their concept of simplistic duality, in which there is only black and white, good and evil, theRead MoreThe Epic Of Beowulf By William Shakespeare935 Words   |  4 Pageshis life for the good of others , well Beowulf was both. In the novel Beowulf , to me, the main theme of the entire story is heroism. Beowulf is your knight in shining armor or your fire fighter who goes into a living hell to save a kitten. Heroism is scattered all over this epic poem. Sure paganism and christianity are in it as well as good vs evil but they are not as i would say the backbone of Beowulf. to prove my opinion I shall gather quotes from the epic novel would strongly aid the fact thatRead MoreThe Epic Of Beowulf By William Shakespeare1176 Words   |  5 Pagesbeen nearly fifteen movies that were made after â€Å"Beowulf†. It may be due to the fact that â€Å"Beowulf† is one of th e most famous epic poems in the English Literature history. It is also the oldest surviving epic poem to date. â€Å"Beowulf† was written in 10000 AD in Old English by an author who remains unknown. In â€Å"Beowulf†, there are many important literary elements that help empathize the main motif of the poem. The motif of this poem is courage. Beowulf is about courage and it is shown through the charactersRead MoreThe Epic Of Beowulf By William Shakespeare1401 Words   |  6 PagesAnglo-Saxon focus qualities. A champion amongst the most prestigious works from that time period is Beowulf. The story tells us of how one man, Beowulf, sails to the rescue of King Hrothgar and his kinfolk remembering the final objective to extra them from a horrifying beast that is undermining their lives and additionally their way of life. The warrior Beowulf without a doubt demonstrates characteristics of an epic legend through valor, dedication, generosity, family relationship, accomplishi ng somethingRead MoreThe Epic Of Beowulf By William Shakespeare1836 Words   |  8 PagesBeowulf is one in a sea of many epic poems exemplifying battle, glory, great leaders, and, inevitably, death. Classic plot lines have followed the general flow of such stories from exposition to conflict to resolution, the majoity thriving off of a hero-villan mentality. The battle between good and evil has been perpetuated throughout history in literature and story. The media today suffers from the clear segregation of right and wrong just as much as society did in the days that Beowulf was firstRead MoreThe Heroes Of The Epic Of Beowulf By William Shakespeare1292 Words   |  6 PagesEpics consists of benevolent or disastrous intervention from the supernatural world, and the superhuman capabilities that the heroes and antiheroes occupy. Tales like these represent the characteristics of what heroes are considered to be during the time they were written; however, they follow a specific formula , namely that the Gods intervene in the lives of the hero and, that the hero is burdened with a tragic flaw. In Virgil’s Aeneid, it is Aeneas’ dangerous disobedience to the ordinances of the The Epic Of Beowulf By William Shakespeare - 1549 Words Beowulf is one of the earliest and most famous works of English literature, and is still widely read today. However, over a thousand years has passed since it was written down in England, and even longer since it was originally spread by word of mouth in the old Norse lands, and our values and concepts of the world are radically different than the people of Beowulf’s age. Although the epic Beowulf shows their concept of simplistic duality, in which there is only black and white, good and evil, the modern movie adaptation shows a much more complex view of the world, which can be seen in its main characters Grendel, Hrothgar, and Beowulf himself. While in the epic poem Grendel is shown as pure evil, simply killing the Danes because he was a†¦show more content†¦In fact, the opening scene of the movie shows Grendel playing in a field with his father, giving him an innocent look, and clearing away the negative thoughts paired with having no other father figure but a man n otorious for committing the first murder and fratricide. Soon after, Hrothgar’s men ride down and kill Grendel’s father in cold blood, showing the young child’s heartbreaking loss of his father at such a young age gives more humanity to him, as he doesn’t attack the Danes merely because of his inherent wickedness, he does so to avenge the unjust death of his father, an action that would not only be considered acceptable in their Norse culture, but the honourable and just thing to do. The movie also shows his love interest in an added outcast witch character, a character who understands him, and helps to show his more human qualities, such as his ability to speak, and his unwillingness to fight the Geats and Beowulf, as they had done no wrong to him. By the end of the movie, the addition of Grendel’s son with the witch lets the viewer see a young face which reminds them of the young Grendel at the opening scene of the movie, coming full circle to re mind the audience once again that Grendel was more than just an evil beast. Although the Danish king Hrothgar of the epic was shown to be a just, kind king who had fallen upon hard times at the unexpected and

Thursday, December 19, 2019

Online Child Sexual Abuse Is The Case Of Michael Dean Ross

Introduction There is an issue with the evolution of technology and how it is implemented for online child sexual abuse that needs to be addressed. Traditionally, offenders would be limited to what they were able to do with a limitation in resources as a specific pool of potential victims. However, technology has opened up new avenues and resources that offenders can use. Online child sexual abuse is a prominent issue as technology is allowing offenders more access to material, better ways to remain hidden, and access to victims that may not have originally been available. One recent example of how technology can be used for the sexual abuse of children is the case of Michael Dean Ross. Online child sexual abuse would be classified as a cybercrime as the crime â€Å"involved a computer and a network, where a computer may or may not have played an instrumental part in the commission of the crime† (Moore, 4). Cybercrimes are generally consists of computer-related activities that are considered illegal and be conducted throughout the global electronic network (Choi, 3). There is a range of illegal activities that are arising concerning this cybercrime, including solicitation and the creation and distribution of child pornography (Seto). The Internet is becoming a popular avenue where 61% of offenders in a study used only the Internet to commit crimes against children (Mitchell, 54). The primary methods that the Internet was utilized were seduction/grooming, child pornographyShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages vi BRIEF CONTENTS 4 The Organization System 16 Organizational Culture 511 17 Human Resource Policies and Practices 543 18 Organizational Change and Stress Management 577 Appendix A Research in Organizational Behavior Comprehensive Cases Indexes Glindex 637 663 616 623 Contents Preface xxii 1 1 Introduction What Is Organizational Behavior? 3 The Importance of Interpersonal Skills 4 What Managers Do 5 Management Functions 6 †¢ Management Roles 6 †¢ ManagementRead MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 Pages....................................................... 614 UNIVERSAL PRACTICES VS. CONTINGENCY PERSPECTIVES...................................................... 616 EMPIRICAL EVIDENCE: THE CASE FOR UNIVERSAL BEST PRACTICES................................................... 618 EMPIRICAL EVIDENCE: THE CASE FOR THE CONTINGENCY VIEW............................................. 622 SORTING THROUGH THE EVIDENCE....................... 627 SUMMARY......................................................Read MoreDeveloping Management Skills404131 Words   |  1617 Pages mymanagementlab is an online assessment and preparation solution for courses in Principles of Management, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Read MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesMorin−Jarrell Leadership, Fifth Edition Hughes−Ginnett−Curphy The Art of M A: Merger/Acquisitions/Buyout Guide, Third Edition Reed−Lajoux and others . . . This book was printed on recycled paper. Management http://www.mhhe.com/primis/online/ Copyright  ©2005 by The McGraw−Hill Companies, Inc. All rights reserved. Printed in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in anyRead MoreOrganisational Theory230255 Words   |  922 Pagesorganisational theory. Whilst their writing is accessible and engaging, their approach is scholarly and serious. It is so easy for students (and indeed others who should know better) to trivialize this very problematic and challenging subject. This is not the case with the present book. This is a book that deserves to achieve a wide readership. Professor Stephen Ackroyd, Lancaster University, UK This new textbook usefully situates organization theory within the scholarly debates on modernism and postmodernismRead MoreLogical Reasoning189930 Words   |  760 PagesShirley J. Bell, University of Arkansas at Monticello; Phyllis Berger, Diablo Valley College; Kevin Galvin, East Los Angeles College; Jacquelyn Ann Kegley, California State University-Bakersfield; Darryl Mehring, University of Colorado at Denver; Dean J. Nelson, Dutchess Community College; James E. Parejko, Chicago State University; Robert Sessions, Kirkwood Community College; and Stephanie Tucker, California State University Sacramento. Thinking and writing about logical reasoning has been enjoyable

Tuesday, December 10, 2019

Chromosome Probes at the Unive Essay Example For Students

Chromosome Probes at the Unive Essay Chromosome Probes at the University of TorontoUploaded: November 29, 1986.Sensitive chromosome probes recently discovered by a University of Toronto geneticist will make it easier to detect certain types of genetic and prenatal diseases, as well as being used to determine paternity and provide forensic evidence in criminal cases. Probes are short pieces of DNA which bind to, and actually pinpoint, particular sites on a chromosome. Because these new probes are actually repeated hundreds or thousands of time at a particular site, they are much more sensitive than previously available onesOf the 23 pairs of human chromosomes, Dr. F.H. Willard has discovered repeated probes or markers for six plus the gender determining X and Y chromosomes. What were trying to decide now is whether to isolate probes for the other chromosomes, or whether we should utilize the eight we have, he says. Dr. Willard is currently negotiating with an American company to develop prenatal diagnostic tests, which, because the current tests are time consuming and technically difficult to do, are restricted to women over 35 and those who have a family history of chromosomal abnormalities. Prenatal tests using Willards probes would be much simpler and faster to perform and could be available to all pregnant women who wish to take advantage of the technology.Current prenatal testing involves growing fetal cells in vitro and examining them, over one or two months, to see if there are two copies of a particular chromosome, which is normal, or one or three, which is abnormal. A test using Willards probes would require only a few cells and a few days to detect abnormalities. I dont think its beyond the realm of possibility that these kinds of tests could eventually be done by an obstetrician in the office during the early stages of pregnancy, he adds. The determination of gender is another possible use for the probes. Many diseases, such as Duschenes muscular dystrophy, show up on the X chromosome, m anifesting only in boys. Willard thinks it is possible to develop a test which would quickly indicate the fetus sex. This would benefit parents whose only option is to have no children or to have only girls. Confirming gender in children with ambiguous genitalia is another medical reason for using the test. A quick examination of the X and Y chromosomes of the child would indicate whether genetically the child is male or female. As yet, Willard has been unable to develop a probe for chromosome 21. Downs Syndrome results from three copies of chromosome 21 (trisomy 21). I think well know within a year whether a test to detect trisomy 21 is feasible, he says hopefully. The other six chromosome probes which Willard has developed do not immediately lend themselves to diagnostic tests, except for certain cancers, he says. We have a probe for chromosome 7 and we know that trisomy 7 is a signal for certain types of cancer. Chromosome abnormalities of all kinds are a signpost of tumors. The oretically, an oncologist could use a chromosome probe test to examine tissue and obtain a reading for a specific cancer. It wouldnt suggest a mode of therapy, he points out, but would be a speedy test and would have prognostic implications for the kind of tumor discovered. As a basic research tool, Willards probes could be used to develop a genetic linkage map for human chromosomes. Its important to know the location of genes in the human genome, particularly disease genes. The leading approach to try to sort out disease genes is to use genetic linkage. Because our sequences are at the centromere it would allow us to develop a map. The third application for the probes is in forensic biology. Willard believes his markers are as unique to each each individual as are fingerprints. According to the geneticist, it will be possible to make a DNA fingerprint from blood or sperm, which could be used as evidence in rape or murder cases. We havent yet done the analysis which confirms that o ur probes are DNA fingerprints, but once we do, we will make them available for development into tests. As research progresses in all these areas, Willard hopes to collaborate with other departments at the U of T to conduct clinical trials. His work is funded by the March of Dimes, the Hospital for Sick Children Foundation and the Medical Research Council. ContentsIntroductionOverview of Diabetes Type I What is diabetes type IHealth implications of diabetes type IPhysical Activity What is physical activity? Why do we need physical activity in our lives?Physical Activity and Diabetes (Epidemiology)ConclusionBibliographyIntroduction For our seminar topic physical activity and disease we chose diabetes as the focus of our research. The Magic Barrel Magic Barrels Essay Good nutrition is of great importance to any individual especially one that exercises. In the case of diabetes even more consideration must go into the selection of food before and after exercise. Doctors suggest large intakes of carbohydrates before exercise for diabetes carriers to meet the glucose needs of the muscles. The second article that I used was that of Konen, et al. He and his colleagues conducted testing and research on changes in diabetic urinary and transferrin excretion after moderate exercise. This article was a report of the way the research was conducted and its findings. The researched found that urinary proteins, particularly albumin, increase in urinary excretion after moderate exercise. Albumin which is associated with micro and macrovascular diseases in diabetic patience was found to increase significantly in IDDM patients, while remaining normal in nondiabetics. (See table 1 and 2 for results) These results cannot be conclusive to say that this shows that exercise causes other micro and macrovascular diseases in diabetics. Since albumin is not associated with any disease in nondiabetics then the same may be the case for diabetics as well. However further research is required to find out why such a significant increase occurs in diabetic patients and what it really means. It obvious that there are many very complicated issues associated with diabetes which cannot be explained at this stage. Therefore much more research is required and its only a matter of time for these complications to resolved. Although there are no firm evidence to suggest that exercise will improve or worsen diabetes still it is recommended by physicians. Aristotle and the Indian physician, Sushruta, suggested the use of exercise in the treatment of diabetic patients as early as 600 B.C. And during late last century and early this century many physician claimed that the need for insulin decreased in exercising patients. The benefits of exercise in nondiabetic individuals is well known. For example reduce the risk of heart disease. This makes exercise very important to diabetic carriers since they are at a greater risk of getting heart disease than nondiabetics. Unquestionably, its important for diabetics to optimise cardiovascular and pulmonary parameters as it is for nondiabetic individual. Improved fitness can improve ones sense of wellbeing and ability to cope with physical and psychological stresses that can be aggravated in diabetes. In well controlled exercise programs the benefits are many, as shown on table 3.CONCLUSION In conclusion we can see that although there are many factors that need to considered when a diabetic person exercises, still there are many benefits when an IDDM carrier controls and maintains a good exercise program. The risks of other disease such as heart disease and obesity are reduced. Bibliography 1. Sutton, J.R, (1981), Drugs used in metabolic disorders, Medicine and Science in Sports and Exercise, Vol 13, pages 266271. 2. Konen, J.C, (1993), Changes in diabetic urinary transferrin excretion after moderate exercise, Medicine and Science in Sports and Exercise, pages 11101114. 3. Bouchard, C, (1990), Exercise, Fitness and Health, Human Kinetics Publishers. 4. Burke, E.J, (1980), Exercise, Science and Fitness, Mouvement Publishers. 5. Sanborn, M.A, (1980), Issues in Physical Education, Lea and Febiger. 6. Marble, A, (1985), Joslins Diabetes Mellitus, Twelfth Edition, Lea and Febiger. 7. Kilo, C, (1987), Diabetes The facts that let you regain control of your life, John Wiley and Sons, Inc. 8. Seefeldt, V, (1986), Physical Activity and Wellbeing, American Alliance for Health, Physical Education, Recreation and Dance.

Tuesday, December 3, 2019

Muddy Waters Essays - Blues, Mississippi Blues Trail, Muddy Waters

Muddy Waters Muddy Waters Blues as an art form gave Blacks a medium to manifest their feelings. Feelings ranging from humorous to silly to depressed. Fortunately for a entire genre of music, the only way for Mckinley Morganfield to express himself was through song. Morganfield better known as Muddy Waters became a legendary blues vocalist /guitarist. When the Blues industry saw commercial success many of its artists also saw rising fame. Muddy Waters enjoyed success in the industry up until and even after his death in 1983. Morganfield was born April 4, 1915 to Ollie Morganfield and Bertha Jones. He was born in Rollingfork, Mississippi. Near their two room shack in Rollingfork there was a creek, Deer Creek. As a youngster he used to play in the creek and get all dirty and muddy. It was at this point when his sisters gave him the nickname ?Muddy Waters'. Bertha died when he was about three. After her death he had to move in with his grandmother in Clarksdale. Raised in Clarksdale, he also went to school there. He went to school until he was old enough to work in the fields. Much like all of the other field laborers Muddy Waters hollered in the fields to pass time or just to get things off of your chest. Waters would also teach himself to play instruments. When he was fifteen he knew how to play the harmonica and he would later teach himself the guitar. The young Waters followed in his fathers musician footsteps. He was part of a band at fifteen, with Scott Bowhandle on guitar and Sonny Simms playing the violin. They would play some Saturday nights in downtown Clarksdale and others he would sell fried fish on nights. And other nights he would watch the greats like Son House, Robert Johnson and Charlie Patton were great musical influences on Waters. The main influence on Waters was Son House, although Waters style of play was more similar to that of Robert Johnson. Muddy Waters was first recognized by word of mouth. Alan Lomax of The Library of Congress went to Clarksdale to record Robert Johnson. But to his dismay, he found out that Robert Johnson was dead and had been for two years. The word on the street at that time led Lomax to Muddy Waters. Waters would record two songs with them in 1941, far before he became famous. His name would not reach household status until 1947 when he recorded his first hit single, ?I can't be satisfied.? Muddy Waters style of blues was considered rough and uncompromising. It was different from all of the other too ?polished' for the South musicians. Waters didn't have a sing-song voice, but a deep raspy voice. Success was steadily increasing especially since the addition of band members. The band complimented his sound. Jimmy Rogers was on the guitar, and harmonica specialist Little Walter. The band provided superb sounds while the ?grand ole man' played his guitar and sang. Although I listened to more than two selections there were two that stood out in my mind; ?The Hoochie Coochie Man' and ?Corine Corina'. Waters proclaims his arrival and his presence as the hoochie coochie man. He wants to let the world know that he is here. Over a consistent baseline, he begins each verse with a whisper and concluding each verse with a shout almost. Adding to the effect that says his coming and know he is here. The next song ?Corine Corina is fast paced and upbeat. In an almost pleading voice he asks Corina why she does not love him. He leaves Corina by the end of the song. This record has a blend of saxophones, a base and a bridge with a harmonica. Neither of these songs carry the typical thoughts of what a Blues song should like. ?The most astonishing aspect of the blues is that, through replete with a sense of defeat and downheartedness, they are not intrinsically pessimistic; their burden of woe and melancholy is dialectically redeemed through sheer force of sensuality into an almost exultant affirmation of life, of love, of sex, of movement, of hope. No matter how repressive was the American environment, the Negro never lost faith in of doubted his deeply endemic capacity to live. All blues are a lusty, lyrical realism charged with taut sensibility. I'll never understand why most people define the blues as an expression of sadness only.? -Richard Wright, definition of blues Muddy Waters is a legend. Not

Wednesday, November 27, 2019

If the Fed Had Bailed out Lehman Brothers, Would We Have Avoided the Great Recession

There is no doubt that the crisis of 2008 has shaped the existing economical landscape a lot. Leading to the bankruptcy of a number of companies, it made the U. S. entrepreneurships reconsider their policies and established only-the-strong-survive principle as the key strategy for the America companies in 2008.Advertising We will write a custom essay sample on If the Fed Had Bailed out Lehman Brothers, Would We Have Avoided the Great Recession? specifically for you for only $16.05 $11/page Learn More Although the U. S. Fed could have given a second chance to the famous Lehman Brothers Company by bailing the firm out, the chances were never taken. Hence, the Lehman Brothers have gone completely bankrupt. In a retrospective, however, the Lehman Brothers could have hardly been able to fight the financial crisis in 2008 efficiently even with the help of Federal Reserve, which means that in the case the company would have stayed afloat, they would have not be en able to offer people sufficient help anyway, being almost broke themselves. Taking a closer look at the financial situation in which the Lehman Brothers was in 2007, one must admit that the company was not doing well, according to what MacEwan and Miller say. Therefore, it is rather questionable that a loan from a bank could save the day; rather, it would serve as the means to keep the company afloat for a while, yet it would not make Lehman Brothers prosperous again. As MacEwan and Miller explain, Lehman Brothers, Bear Stearns, Citibank, and others all held large amounts of these assets on their books. So, as the housing bubble burst, as many homeowners failed to meet their mortgage payments, and as the value of CDOs and credit default swaps fell, many banks (including some of the largest banks) saw a sharp decline in the overall value of their assets. (MacEwan and Miller, 107) Hence, it can be considered that there was hardly any chance for the company to survive the crisis. Th e main problem of the Lehman Brothers was that the bank depended on the Fed much more than it was required. In its turn, the Federal Reserve followed the policy of the housing bubble (Fox), which can be defined as a run-up in the prices for housing enhanced by the certainty in future stability. Resulting in the rapid decline of the Federal Reserve’s progress, the given policy must have been considered the only legitimate course of actions in the situation when the economics was gripped by crisis. On the one hand, the given approach seems rather reasonable, given the fact that creating the housing bubble helps spread the belief in strong economic system among the population.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More On the other hand, the downside of the give strategy is that, while people believe that the crisis will not last long, the poor state of economics and the rapid incr ease in price for housing will finally lead to a financial collapse. According to what Friedman, Moseley and Sturr claim, The housing bubble was in part generated by the Federal Reserve maintaining low interest rates. Easy money meant readily obtainable loans and, at least in the short run, low monthly payments. Also, Fed Chairman Alan Greenspan denied the housing bubble’s existence — not fraud exactly, but deception that kept the bubble going. (Friedman, Moseley and Sturr 133-134) Taking into account the given information, one must admit that the Lehman Brothers’ impact on the financial situation within the state was rather small. Because of the scale of the crisis, it was quite doubtful that the bank would handle the complexities within its own structure and policies, not to mention having a tangible effect on the state economy. Hence, it can be concluded that even if the Fed bailed the Lehman Brothers out, the housing bubble would have ultimately led to the f inancial instability. The Great Recession seems to have been spawned not by the inability for entrepreneurships to get investments, but from the existing housing policy. In addition, the critical state of affairs in the sphere of finance and economics in the USA should be mentioned: â€Å"It has become commonplace to describe the current financial crisis as the most serious since the Great Depression† (Friedman, Moseley and Sturr 135). It can be alleged that the economical situation in which the USA was trapped in 2008 was quite close to the one of the 1929, known as the Great depression: â€Å"So we reap the whirlwind with a market collapse building to Great Depression levels. Once again, we learn history’s lesson from direct experience: capitalist financial markets cannot be trusted. It is time to either reregulate or move beyond† (Fridman, Moseley and Sturr 132). Naturally, the fact that the U. S. economics was collapsing did not improve the Lehman Brothers s ituation. Judging by the above-mentioned, one must admit that the USA economics was way too unstable for the Federal Reserve to take risks by giving the loan to the company which could have been broken by the end of the crisis (Palley). When considering the reasons behind the decision of the Federal Reserve to refuse to give the Lehman Brothers the loan which the company needed, one must admit that the Fed was impacted by the problems within. The fact that the Fed was suffering from the crisis was the main reason, while the fact that the Lehman Brothers lacked trustworthiness happened to be the pivoting point in Federal Reserve strategy.Advertising We will write a custom essay sample on If the Fed Had Bailed out Lehman Brothers, Would We Have Avoided the Great Recession? specifically for you for only $16.05 $11/page Learn More To Lehman Brothers’ credit, one must mention that the company did have certain opportunities to improve their financial s ituation with the help of the Federal Reserve’s investments. According to the existing evidence, there have been several attempts to bring the company back to life, along with the endeavors of Bear Sterns: â€Å"The precedent for preventing the failure of a large financial institution, initiated with Bear Stearns, now appeared to be reinforced by the Fannie Mae and Freddie Macactions† (MacEwan and Miller 110). Still, no matter how sad this can seem, the given approach has had little effect: â€Å"Yet, while the precedent seemed very clear on September 7, the federal authorities failed to follow it a few days later when Lehman Brothers, the nation’s fourth largest investment bank, moved toward collapse† (MacEwan and Miller 110). Fighting against the odds, Lehman Brothers tried its best to stay afloat. It must be admitted, however, that at that point, the company could hardly have any impact on the economical state of affairs within the country. Judging by the fact that the Lehman Brothers could not handle its own financial issues, it is hardly believable that the company could have had any effect on the financial processes. Hence, even if the Federal Reserve offered the bank the required loan, the collapsing Lehman Brothers would not have been able to save the day. Therefore, it is clear that even with Lehman Brothers receiving the help of the Fed the outcomes of the crisis would have still been deplorable. Although it is quite questionable whether the company would have had the power to adjust to the situation which the U.S. market faced in 2009, it would still have taken too much time to adjust to the changes in the economics. Hence, Lehman Brothers would not have been able to offer people a full range of their services. Even though Lehman Brothers had already lent a considerable amount of money from the Federal Reserve Bank, the former would have been able to pay the bank back with the revenues which they would have obtained from the future financial operations. However, the Fed did not trust with the company that had already been in debt by the point at which the crisis peaked. Therefore, it seems that there is no one to blame in the given situation; it was Federal Reserve to decide whether to trust Lehman Brothers, and the bank’s decision is not to be judged by anyone except its members.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition, the fact that the company was facing its own crisis is worth bringing up as an argument that the Federal Reserve would have only postponed the process of the company’s regress. Even if Fed had provided the required amount of loan money, Lehman Brothers would have already been dead and gone by now, which means that the recession would have been in progress even if the Lehman Brothers still provided their services. Works Cited Fox, Justin. â€Å"A Random Walk from Paul Samuelson to Paul Samuelson.† The myth  of the Rational Market: A History of Risk, Reward and Delusion of Wall Street. Ed. Justin Fox. New York, NY: Harper Collins Publishers, 2009. 60-74. Print. Friedman, Gerald, Fred Moseley and Chris Sturr. The Economic Crisis Reader:  Dollars and Sense. Armonk, NY: M. E. Sharpe, 2011. Print. MacEwan, Arthur, and John A. Miller. â€Å"The Emergence of Crisis in the United States.†Economic Collapse, Economic Change: Getting to the Roots of the Cri sis. Ed. Arthur MacEwan and John A. Miller. Armonk, NY: M. E. Sharpe. 65-117. Print. MacEwan, Arthur, and John A. Miller. â€Å"Globalization and Instability.† Economic  Collapse, Economic Change: Getting to the Roots of the Crisis. Ed. Arthur MacEwan and John A. Miller. Armonk, NY: M. E. Sharpe. 119-159. Print. Palley, Thomas I. From the Financial Crisis to Stagnation: The Destruction of Shared  Prosperity and the Role of Economics. Cambridge, UK: Cambridge University Press, 2012. This essay on If the Fed Had Bailed out Lehman Brothers, Would We Have Avoided the Great Recession? was written and submitted by user Trace C. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Saturday, November 23, 2019

Free Essays on WWI

The Great War World War I was the boiling point of years of rumblings under the surface between the great powers of Europe. In the end, it cost $332 billion, ten million lives, and twenty million wounded, with an entire generation in Europe and Russia wiped out (Paxson 5). Those figures do not even take into account those who were mentally scarred for life. Out of the war came a Europe that was based on the principles of self-determination and national unity. The largest and most prominent consequence was the revolution in Russia, yet there were also major developments in the Balkans in southern Europe with Austria-Hungary and drastic changes in international relations. Russia had been primed for a revolution since the days even before the Great War. After the not so successful revolution of 1905, the tsar still kept power over the bureaucracy and the army; he also had the power of veto over the legislative body, the Duma. Tsar, Nicholas II, ruled the Russian Empire as an absolute monarch. However, following the loss of the war with Japan in 1905, serious disturbances took place in St. Petersburg and Nicholas was persuaded to accept a reduction in his power. In March, 1905, he announced plans to form a Russian Parliament called the State Duma. As this was only a consultative body, many Russians felt that this reform did not go far enough and over the next few years the country remained unstable (www.worldwari.com). The War merely acted as a catalyst and a means for the Soviets, under Lenin, to take control. Always considered a Great Power based on their outwardly appearance of size and numbers, Russia was actually a fragile, backwards nation ma king revolution inevitable. World War I exposed the weakness of the peasant-dependant nation of Russia. Russia had been considered a world power ever since the days of Napoleon, with huge numbers of citizens and immense amounts of land. â€Å"Inside, Russia remained the weak, depe... Free Essays on WWI Free Essays on WWI The protracted, horrific carnage executed during the First World War forever changed the course of events and mentality of the twentieth century. The war was expected to last for weeks or for months, like all previous wars had lasted; however this war had devolved into a prolonged stalemate where millions upon millions of lives were lost. Why this war took place is not an easy an easy question. Many believe that the war had started because of the murder of Prince Archduke Franz Ferdinand and his wife, Duchess Sophie von Chotkova. Many are under the false assumption that this alone was what the primary reason as to why the war had broken out. It is safe to believe that this event was in fact something that fed fuel to a fire that was burning due to other more serious issues as it sort of worked as a catalyst in the beginning. In order to better understand WWI and the reasons behind it taking place, an accurate account of the circumstances leading to war requires a concise analy sis of several key areas some going as far back as the 1800’s. Four of the major reasons that pressed the great powers to this explosive war were nationalism, militarism, imperialism and formation and systems of alliances. Nationalism, as defined in the Encarta online dictionary means, â€Å"the desire to achieve political independence, especially by a country under foreign control or by a people with a separate identity and culture but no state of their own.† The love and support of one's country, is something that has existed throughout time. However, in this time period, it played a major role in the outbreak of one of the most famous and deadliest wars in history. The nationalistic pride that existed with various nations, made the possibilities of peace between rival powers all the less probable. In ninetieth and twentieth centuries, especially after the French Revolution nationalism was becoming a powerful force in Europe. The belief tha... Free Essays on WWI During World War One, the role of airplanes and how they were used changed greatly. At first planes were only used for sport, but people started realize that not only could airplanes be useful but they could even influence an outcome of the war greatly. Soon the war was filled with blimps, planes, and tethered balloons. By the end of the war, planes became a symbol of fear, but they were not always treated with such respect. In the time leading up to the war, the general feeling about planes was, they were a sneaky, unfair tactic that should not be used in warfare. During The 1899 Hague Peace Conference it was put on record that the dropping or shooting of any projectiles or explosives from the air during a time of war was forbidden and was considered a crime of war. It was also decided that airplanes could only be used for reconnaissance or spying missions. Even by the beginning of the war in 1912, the use of planes in war was still prohibited by the War Office. Shortly thereafter this changed, people awakened to the possibilities of air warfare. The world soon started to realize the effectiveness of planes in war and how the control of the skies could influence the outcome. Although the French were the first to have a working, conscripting air force and to license fliers, their trust in airplanes still was not up to par. Their lack of trust was justified, for the planes had no armaments, too many wires, and no reliable motor. Soon all countries in the war effort had their own little air force, built hangers, and started to train pilots. The first bombing occurred in November 1911. Although the first bomb was dropped by the Italians, soon all countries were involved in bombing raids. It was followed by the first aerial dogfight in 1912. This consisted of a primitive exchange of pistol fire between British and German planes. The United States ultimately was slower than France and Germany to develop an air force. O... Free Essays on WWI The Historian John Lukacs has written that WWI and WWII are two halves of the same coin. Discuss. The war that began in 1914 as a war to end all wars actually ended in 1945. World War Two was the child of World War One. The word treaty is defined in Webster’s dictionary as â€Å"negotiation; agreement between two or more nations†. At Versailles in 1919 there were no negotiations other than between the â€Å"victors†. The German delegation was told of the terms of the agreement only a few weeks prior to the signing of the document. They were given the choice of either sign the document or prepare to be invaded by Allied forces. The â€Å"Surrender† of Versailles was signed June 28, 1919 in the same railroad car where the Germans had celebrated the victory over the French in the Franco-Prussian War. The terms of the document signed at Versailles left Germany degraded, weak and embarrassed. They were unable to defend themselves as their once powerful army was all but destroyed. Much of their territory was annexed by neighboring states eager to take revenge for long past quarrels. And the huge burden of the War Guilt Class, which blamed Germany for the epidemic of war, made it a certainty that the German economy would eventually collapse. The new German government now had to take full responsibility for paying for the damages to the triumphant Allied countries. To complete the humiliation of Germany when the League of Nations was founded Germany was not allowed to become a member. This action effectively cut off Germany from the rest of Europe. The German people felt as if they were being treated quite unjustly for the decisions of the Kaiser’s government in 1914. The terms of the Versailles document that France, Britain and the United States felt so reasonable, left the average German feeling very angry. Lloyd George of Britain, Clemenceau of France and Wilson of the United States each had very different ideas on how to... Free Essays on WWI Wilson declares U.S. neutrality August 4, 1914 Washington, D.C. Reflecting strong public opinion, he states that U.S. will not join the war. However the U.S. change from neutrality to war in 1917, which some believe had many hidden reasons that violated the traditional values of the nation. Those values include freedom, public safety, life, liberty and the pursuit of happiness. One idea that proves that statement wrong is how long the U.S. took to go into the war. Figuring the war began in 1914 and the U.S. went to war in April of 1917, that shows that America took time thinking about going to war. America had patience before changing the stand in neutrality. Submarines threatened American merchant ships in addition Germany offered Mexico a deal. The offered deal was if Mexico joined Germany, Germany would help Mexico get New Mexico, Texas and Arizona, which is land that Mexico once had. Although America changed from neutrality to war, the reasons did have a strong ground and instead of violating the values they were protecting them. Another idea is the face that war is not a peaceful time, but in fighting WWI the U.S. got to keep the traditional American values, one of those values being freedom, and not have to worry about dictatorship. If Germany won the war, they would continue to conquer more land and may eventually have conquered the U.S. . â€Å"Our subject†¦is to vindicate the principles of peace and justice in the life of the world†¦Neutrality is no longer feasible or desirable where the peace of the world is involved and the freedom of its peoples†¦ The world must be made safe for democracy.†... Free Essays on WwI The Great War World War I was the boiling point of years of rumblings under the surface between the great powers of Europe. In the end, it cost $332 billion, ten million lives, and twenty million wounded, with an entire generation in Europe and Russia wiped out (Paxson 5). Those figures do not even take into account those who were mentally scarred for life. Out of the war came a Europe that was based on the principles of self-determination and national unity. The largest and most prominent consequence was the revolution in Russia, yet there were also major developments in the Balkans in southern Europe with Austria-Hungary and drastic changes in international relations. Russia had been primed for a revolution since the days even before the Great War. After the not so successful revolution of 1905, the tsar still kept power over the bureaucracy and the army; he also had the power of veto over the legislative body, the Duma. Tsar, Nicholas II, ruled the Russian Empire as an absolute monarch. However, following the loss of the war with Japan in 1905, serious disturbances took place in St. Petersburg and Nicholas was persuaded to accept a reduction in his power. In March, 1905, he announced plans to form a Russian Parliament called the State Duma. As this was only a consultative body, many Russians felt that this reform did not go far enough and over the next few years the country remained unstable (www.worldwari.com). The War merely acted as a catalyst and a means for the Soviets, under Lenin, to take control. Always considered a Great Power based on their outwardly appearance of size and numbers, Russia was actually a fragile, backwards nation ma king revolution inevitable. World War I exposed the weakness of the peasant-dependant nation of Russia. Russia had been considered a world power ever since the days of Napoleon, with huge numbers of citizens and immense amounts of land. â€Å"Inside, Russia remained the weak, depe...

Thursday, November 21, 2019

Management Accounting - World Class Manufacturing Essay

Management Accounting - World Class Manufacturing - Essay Example Current trends emphasize world class manufacturing (WCM) which highlights maximum manufacturing efficiency in businesses, and customer and workforce satisfaction. WCM is regarded as "manufacturing systems which demonstrates best industry practice( World Class Manufacturing)." Accordingly, a world class manufacturer is a firm which displays excellence in key competitive points like quality, price, delivery speed, delivery reliability, flexibility and innovation. Its main features is the utilization of a total quality management (TQM) approach, highly flexible and motivated workforce, Just-in-Time (JIT) manufacturing philosophy, and the pursuit of satisfying customers at a global level. Consistent with the goal of a world class manufacturer, TQM denotes a set of management practices within the organization which are implemented to ensure the quality of products and services offered. The primary goal of TQM is the production of commodities which consistently meets or even exceeds customer requirements. This feature of world class manufacturing emphasizes process measurement and controls to pursue continuous improvement (John Stark Associates 2000). However, TQM does not just involve the production system or processes of the company but embraces the whole operation of a manufacturing business. Implementing TQM involves modifying the whole organization as it has strong bearing on the culture, attitude, and organization of the company. TQM culture requires the unmatched quality in all aspects of the company's operations "with things being done right first time, and defects and waste eradicated from operations (John Stark Associates 2000)." Important aspects of TQM incl ude customer-driven quality, top management leadership and commitment, continuous improvement, fast response, actions based on facts, employee participation, and a TQM culture (John Stark Associates 2000). A flexible and highly motivated workforce is another essential feature of WCM. As discussed above, WCM as opposed to the traditional manufacturing implements a totally innovative approach in operations which has a huge impact on employees. WCM needs a flexible workforce as these employees will not handle production in the traditional assembly line. WCM often requires teams which work together to finish an output. Specialization of jobs is often displaced in WCM replaced by "job enrichment." This new approach is intended to eliminate boredom and lessen employee dissatisfaction. Job enrichment is geared to "expand the scope of the job with a greater variety of tasks, vertical in nature, that require self-sufficiency (Mione 2005)." Thus, in WCM it is imperative that employees are flexible to take on a more responsibilities. Motivation is also increased as jobs are "enriched" and employees become are empowered. Motivation, in turn is a great factor in the success of WCM. In this new manu facturing approach, employees need to be motivated to excel in their job to produce the best job results. A highly flexible and motivated workforce results into a high quality product which is the main goal of WCM. JIT is a manufacturing philosophy which aims to