Wednesday, July 31, 2019
Perseverance Essay
Perseverance is such a powerful word that has so many meanings. Mastering what this word means, results in such a successful life which yet takes a lot of discipline to achieve. Most peoples summaries of perseverance is never giving up even when things arenââ¬â¢t going your way. Which is correct, but I think about perseverance in references of some of our worldââ¬â¢s greatest leaders. Take for instance one of Americaââ¬â¢s greatest Civil Rights leaders Dr. Martin Luther King Jr. People were so hatred, spiteful, and cruel to this extraordinary man. But did he ever give up when the going got tough, no. Did he just say, ââ¬Å"Hey man, this is too hard for me to handle! â⬠, no. What did he do, He kept pushing through. When people were spitting at him or cursing at him or even burning down his house, he didnââ¬â¢t stop what he was doing. Now you might ask why would someone go through so much trouble. Well that question is easy to answer. He never stopped because he belie ved in what he was doing. He believed that the dream he was chasing for, was to better the world and to better the human race. Thatââ¬â¢s why when he was announced deceased everyone commended him on his great accomplishments. He showed an abundance of perseverance. Nothing is better than you. You should never give up. You can take a break, but never give up. Perseverance is a very important and positive character trait to have in your life. You have to have steady persistence in spite of difficulties, discouragement, or obstacles. Failure only occurs when you stop trying or pushing through. You canââ¬â¢t go through life quitting everything that seems to be too hard to handle. If youââ¬â¢re trying to excel in something you have to stick to it, better yourself, and try harder. Someone or something is always going to be there trying to distract you from achieving your dreams and/or goals. Your job as a person is to decide not to be distracted and let go of anything that is standing in your way. You have to have faith, hope, consistency and hard work to accomplish anything. You also have to take responsibility for yourself. If you need help ask for it. Chances are someone has the same question as you but are just too scared to ask. Being optimistic and having self-confidence help you to reach your goals and purposes. Even though people express it more than others, perseverance not only ensures survival but it also ensures success. When we have that burning desire to achieve something, it is a great feeling of accomplishment when the goal we strive for is fulfilled. Unfortunately, throughout our journey, on the road to success there will be a great amount of trials and tribulations standing in our way. Only through perseverance can we conquer those obstacles that make our journey harder. When I used to have trouble with my schoolwork with not turning them in, not doing it, or turning them in late, I was so confused. I used to be unorganized and wouldnââ¬â¢t ask question when I donââ¬â¢t understand the work that was handed to me because I didnââ¬â¢t want to be made fun of. Thatââ¬â¢s whatââ¬â¢s wrong with our generation now. No one wants to ask question because weââ¬â¢re scared of being laughed at or made fun of. I knew that I could do better than what I was doing. I knew that it would only get harder and harder as the days went on and when I collected more and more homework. I came home one day and decided to watch a movie just to ease my mind. I logged on my Netflix account and watched Pixars: Finding Nemo. This is one of my favorite childhood movies. As I watched it I heard the voice of Ellen DeGeneres who starred as Dorothy sing ââ¬Å" Just keep swimming, just keep swimming, just keep swimming swimming swimming.â⬠Thatââ¬â¢s when my life turned around for the better. That quote had me realize that when the going get tough, just keep going. When things become difficult, just keep going. When life throws obstacles your way, just keep going. When you feel like thereââ¬â¢s nothing you can do, just keep going. My life has just began throwing obstacles out me. I know it will only get harder as time rolls on. But Iââ¬â¢m confident and I know I can handle it. Th ereââ¬â¢s no obstacle too big that you canââ¬â¢t handle. If you feel as though it is too difficult to handle ask for help or guidance. There will always be someone whoââ¬â¢s there to help you. Having a positive outlook on negative situations are the key to success. Having patience is another key to success. Knowing that things take time and nothing comes over night is a good way to think positively. For example: if you had a bad day at work, no one was doing their job correctly and andà cooperates are blaming you is a good time to show positivity. You can ask everyone to make sure their job is done correctly and hopefully the next day wonââ¬â¢t be so bad. Without perseverance our world leaders wouldnââ¬â¢t explore new lands and human civilization would be impossible. A great number of modern successful international corporations were close to bankrupting, but perseverance enables them to stay and improve their businesses. People who have lack of perseverance either ends up poor job that pays less than minimum wage or with a tremendously bad life situation. Most people are waiting on someone to do their work for them. Relying on the government, law, and some donations but never put in the effort to do their own work. A perseverant person can stand all the difficulties of the environment and survive in the most difficult situations, including nature, unfavourable government, etc. Perseverance to me is the determination in a person to not let anything or anyone stop you from obtaining a goal. It is very important that everyone have perseverance because most people would not make it in life without it. It gives you ethics and makes you a more stronger and more responsible person. A person who is highly intelligent, and a scholarly genius, but is lethargic by nature, and reluctant to diligence, can hardly prosper in life, because he does not know how to use his brain and labour in the right direction. In this world, all the great things have been made or constructed only by perseverance.In human life, perseverance plays a very important role. Modern science, architecture, literature, music-in every sphere of life-perseverance is the root cause of sucà cess and glory. Shakespeare did not compose such volumià nous works just in a day. He had to work hard during days and nights with tremendous perseverance to create such great masterpieces. Therefore, perseverance must be practised from the very childhood so that the noble habit becomes a part and parcel of oneââ¬â¢s life. With that great asset or goodwill, a man can walk easily on the hazardous road of his lifeââ¬â¢s journey; and success will be his and his only.
Taxation Law Essay
1. The assessability or otherwise to Jino and Anna of the annual bonuses paid by Darling Bank to them. Consideration of the proximity of services or employment relationship, the importance of the donorââ¬â¢s motive and the status of gratuitous payments are relevant in determining whether the bonuses received are assessable income. We can determine that the bonuses satisfactorily fulfil the requirement that for the bonuses to be assessable they must ââ¬Å"come inâ⬠. (tenant v smith) Natural incidents of employment will be income, because they arise from a service relationship and because they are an expected incident of the occupations. Kelly v DCT) Ultimately, it is the character of the payment in the hands of the recipient that is determinative (Scott) of income. The bonuses received by Jino and Anna were not mere gifts. The amount in Scott v FCT was a gift; it was gratuitous, not made in discharge of an obligation and not taken by the recipient as discharging an obligation and not income by ordinary concepts. The payments in Scott v FCT and Moore v Griffiths were ââ¬Ëone-offââ¬â¢. The payments were in addition to entitlements under service agreements; the donorââ¬â¢s motive was to make a personal tribute and the payment was unexpected.While income generally exhibits recurrence, regularity and periodicity, it would be wrong to conclude they were necessary elements and that a ââ¬Ëone-offââ¬â¢ payment in the nature of a ââ¬Ëgiftââ¬â¢ cannot be income. (demonstrated by Squatting Investment Co) In Moore v Griffiths, the bonus received was a testimonial or personal gift rather than a reward for services rendered by the taxpayer in the course of his employment. The payment had no foreseeable element of recurrence, and there was no knowledge or expectation on the taxpayerââ¬â¢s part that the payment would be made as a reward for rendering his services.A bonus payment is ordinary income for the purposes of subsection 6-5(2) of the ITAA 1997, which provides that the assessable income of a resident taxpayer includes ordinary income derived directly or indirectly from all sources, whether in or out of Australia, during the income year. The initial presumption, prima facie, a payment from taxpayer to recipient is not income (Hayes v FCT) may be displaced if in substance and reality the payment was a product of services.Ordinary income is typically regarded as including salary and wages and fees connected with employment or provision of services; the critical element being the connection with an earning activity. Amounts derived from employment or the provision of services are income. In FCT v Dixon, the amount taxpayer received was assessable because the receipts were of an income character, and the amount was an expected periodical payment arising out of circumstances, and also because it formed part of the receipts upon which he depended for regular expenditure.Similarly, the bonuses Jino and Anna received fulfille d 3 critical elements in FCT v Dixon; the payment was periodical, incidental to employment and relied upon for regular expenditure. In FCT v Harris, payments were unrelated to the length or quality of service, and were periodic yet unpredictable. Hence, they were unassessable as the critical elements in Dixonââ¬â¢s case were absent in Harris. In FCT v Kelly, the prize money the footballer received was held to be payments as income. Kelly was aware that the prize would be offered,S15-2 sets out that allowances and other things provided in respect of employment or services can be included in your assessable income. S15-2(1) states that ââ¬Å"assessable income includes the value to you of all allowances, gratuities, compensation, benefits, bonuses and premiums providedâ⬠¦ in respect ofâ⬠¦ any employment of or services renderedâ⬠. Hence, if the bonuses are consequently not considered ordinary income, it will still be regarded assessable under s15-2 as the amount that is assessable as ordinary income under s6-5 is not included in assessable income under s15-2(3).The key issue to consider is the ââ¬Ëconnection with earning activityââ¬â¢. It was for ââ¬Ëwork throughout the yearââ¬â¢. The $100,000 bonuses can therefore be included in assessable income under s. 15-2 as a reward for personal exertion, even though the bonuses were unexpected and not relied upon by Jino and Anna (Moore). The bonuses were recurring, incidental to employment, of an ordinary kind. (Scott) There is direct nexus with employment; FCT v Cooke & Sherden is irrelevant because the holidays received did not represent income.There was no entitlement to alternative compensation if the holidays were not taken, and it was also not convertible into money. 2. Whether Jino and Anna are entitled to deductions for interest paid on the amount they redraw from their loan on the Darling Point property to partly finance their investment in the King Street property. ITAA97 S8. 1 (1) p rovides that you can deduct from your assessable income any loss or outgoing to the extent that ââ¬Å"it is incurred in gaining or producing your assessable incomeâ⬠.Hence, Jino and Anna will be entitled to deductions for interest paid on the amount they redraw from their loan ââ¬Å"to the extentâ⬠they are using it to finance their investment in the King Street property. Interest is characterised by the use of the funds; the fact that the original loan was for the Darling Point property is irrelevant. Consideration must be given to the redraw facility, that any fund used from the redraw is used to produce assessable income or for the business, and the interest on the portion of the fund will be deductible to that extent.In FCT v Munro, the deduction for interests were not permitted under s. 8-1 ITAA97. It was held that the ââ¬Å"deductibility of interest depends on the purpose for which the principal is borrowed, a deduction in interest is not permitted when the borrow ed money is used for a purpose whereby no income is produced, even if the money is borrowed on the security of rent producing propertyâ⬠. The commissioner disallowed the taxpayerââ¬â¢s claim for deductions, on the basis that the borrowed moneys had not been applied exclusively to produce assessable income.The borrowed money had been applied for the benefit of the sons and hence interest was not incurred in gaining assessable income. Conversely, the purpose for which the principal amount of $400,000 Jino and Anna borrowed was for an investment in property that would produce rent. The fact that the Darling Point property was used as security for the loan as it was withdrawn from the ââ¬Ërepayment redrawââ¬â¢ facility for residential property is irrelevant. Hence, Jino and Anna should be entitled to deductions for the 6% interest paid on the $100,000 withdrawal from the redraw facility.Steele v FCT considers whether there is sufficient nexus of residence with income produ ction; interest incurred before assessable income is derived is deductible if there is. It was established that the meaning of ââ¬Ëassessable incomeââ¬â¢ in the first limb of s51(1) is summarised in Fletcher & Ors v FCT (1991) 173 CLR. Assessable income is to be ââ¬Å"construed as an abstract phrase which refers not only to assessable income derived in that or in some other tax year but also to assessable income which the relevant outgoing ââ¬Ëwould be expected to produceââ¬â¢Ã¢â¬ ¦Ã¢â¬ .The 6% interest withdrawn from their loan is incurred before assessable income is derived hence is deductible. 3. Appropriate tax treatment of the lump sum payout to Thomas from both Jino and Annaââ¬â¢s perspective and from Thomasââ¬â¢s perspective From Jino and Annaââ¬â¢s Perspective TR 2005/6 1. This Ruling explains the circumstances where it is considered that: (a) a lease surrender receipt is assessable income under section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997); and (b) a lease surrender payment is deductible under section 8-1 of the ITAA 1997. . This Ruling also addresses the application of the provisions of the ITAA 1997 covering capital gains and capital losses (CGT). The first issue to consider is first considering the general deduction provision s8-1. Although the lump sum payout passes the 1st positive limb, based on Sun Newspaper Ltd v FCT, we can establish that the payout is not of revenue but of a capital nature. There are 3 matters to consider in determining whether the payout is on revenue or capital account. Footnote: pg 446 of casebook) Parallel to the features of transactions of the expenditure in Sun Newspaper, [1] (a) the payout was of a large sum intended to remove competition for Tony, (b) the payout was recurrent in the sense that the risk of a competitor arising must always be theoretically present, (c) the chief object of the â⬠¦Ã¢â¬ ¦ Considering the general deduction provision s8-1, if the payout was reve nue, it would be deductible. However, the capital nature of the payout fails the negative non-capital requirement under s8-1.As Jino and Anna are not ââ¬Å"carrying on a business of gaining or producing assessable incomeâ⬠(s8-1(b)) in leasing out the shop, it is still a capital gains tax and we must consider further provisions for specific deductions for capital expenditure. Jino and Anna were not obliged to lease the shop to receive rent because Thomas was already willing and happy to pay fixed rental of $3,500 per month for 5 years. Therefore, the $5000 is not deductible because it is not a loss, but rather a result of voluntary action. If it were a loss incurred, then the amount would be deductible.Second, for the lump sum payment to be deductible, the expense has to be related to producing assessable income. Herald and Weekly Times Ltd v FCT derives the notion ââ¬Ëincurredââ¬â¢, as ââ¬Å"the expenditure (legal fees) incurred by the taxpayer was wholly and exclusive ly expended in gaining or producing its assessable income and was therefore deductible under s23(1)(a). â⬠Since the $5000 payment was to terminate Thomasââ¬â¢s lease and provide an opportunity for Jino and Anna to obtain $500 more in monthly rent, it can be seen as being incurred to gain assessable income from the new lessee Tony.Consequently, the expense of $5,000 is deducted by straight line method over five years. Thomasââ¬â¢s Perspective The amount paid to Thomas can either be capital in nature where ââ¬Å"the lease formed part of the profit-yielding-structure of the lesseeââ¬â¢s businessâ⬠or it could be income which ââ¬Å"arises in the course of business activityâ⬠. If the compensation payment lead to the cancellation of business leaving the profit-making structure permanently impaired, then it constitutes as a capital gain. Considering Heavy Minerals (1966) Californian Oil ProductsIn Van den Bergs Ltd v Clark (1935), the House of Lords held that â⠬Å"the sum received by the taxpayerâ⬠¦ on the termination of the arbitration and in consideration of the taxpayerââ¬â¢s consent to terminationâ⬠¦ was a capital receipt and shouldnââ¬â¢t be taken into account in computing the taxpayerââ¬â¢s liability to tax. â⬠4. Appropriate tax treatment of the waiver of Tonyââ¬â¢s first monthââ¬â¢s rental from both Jino and Annaââ¬â¢s perspective and from Tonyââ¬â¢s perspective Jino and Annaââ¬â¢s perspective No money involved ââ¬â agreement Not meant to pay each other money. Tony didnââ¬â¢t pay out any rent and anna didnââ¬â¢t receive.No money exchanged therefore first month no assessable income as no exchange. For tony didnââ¬â¢t pay out any rent therefore no deduction Tonyââ¬â¢s perspective Orica Reduction in expenditure can not be income according to ordinary concepts assessable under s25(1). There was no profit or gain made as a result of the taxpayer entering into arrangements which was à ¢â¬Ëa singular transaction, not part of the regular means whereby the taxpayer obtained returnsââ¬â¢. Lees & Leech Even if it was assumed the payment received by taxpayer constituted a profit or gain, the payment was not received by it in the ordinary course of carrying on its business.TR 93/6 1. This Ruling is concerned with those arrangements which are used to reduce the interest payable on a customer's loan account. These are commonly referred to as ââ¬Ëinterest offset arrangements' but are called ââ¬Ëloan account offset arrangements' in this Ruling. These products are generally structured so that no interest is derived by the customer and therefore the customer is not liable to pay income tax in respect of the benefit arising from the account. This Ruling: â⬠¢ outlines the manner in which acceptable loan account offset arrangements usually operate; and â⬠¢ xplains the limits on acceptable arrangements. 5. The appropriate tax treatment of the early repayment pe nalty from both Jino and Annaââ¬â¢s perspective and from Tonyââ¬â¢s perspective TR 93/7 A penalty interest payment is generally deductible under subsection 51(1) if: (a) the loan moneys were borrowed for the purpose of gaining or producing assessable income or for use in a business carried on for that purpose; and (b) the payment is made in order to rid the taxpayer of a recurring obligation to pay interest on the loan, where such interest would itself have been deductible if incurred.Where the repayment of loan moneys borrowed for the purpose of producing assessable income is secured by mortgage, penalty interest payable on an early repayment which effects a discharge of the mortgage will generally be deductible under section 67A. 5. Penalty interest is not expenditure incurred in borrowing money so as to be deductible under section 67. 6. Where penalty interest is paid upon repayment of a loan incidental to the disposal of an asset, the payment is not taken into account unde r Part IIIA of the ITAA in calculating the amount of any capital gain or capital loss arising on the disposal.Subsection 51(1) provides that: ââ¬Å"all losses and outgoings to the extent to which they are incurred in gaining or producing the assessable income, or are necessarily incurred in carrying on a business for the purpose of gaining or producing such income, shall be allowable deductions except to the extent to which they are losses or outgoings of capital, or are of a capital, private or domestic nature, or are incurred in relation to the gaining or production of exempt income. 9. Generally speaking, provided loan moneys were borrowed for the purpose of gaining or producing assessable income or for use in a business carried on for that purpose, penalty interest payable on early repayment of the loan will, unless it is of a capital nature, qualify for deductibility under subsection 51(1). This will commonly involve borrowings used to acquire an income-producing asset or to p rovide working capital to operate a business. 10.In the case of such borrowings, the central issue is whether penalty interest payments are ââ¬Å"losses or outgoings of capital, or of a capitalâ⬠¦ natureâ⬠. If so, then they will not be deductible under subsection 51(1), but may be deductible under sections 67 or 67A. 11. We do not consider that so-called penalty interest is, in fact, in the nature of interest. This is so even if the loan agreement uses the term ââ¬Å"penalty interestâ⬠. The description of an item used in any relevant agreement is not conclusive of its character (refer FC of T v. Sth. Aust.Battery Makers Pty. Ltd. (1978) 140 CLR 645 at 655; 78 ATC 4412 at 4417; 8 ATR 879 at 884 per Gibbs ACJ and Cliffs International Inc. v. FC of T (1979) 142 CLR 140 at 148; 79 ATC 4059 at 4064; 9 ATR 507 at 512 per Barwick CJ). To call a payment ââ¬Å"interestâ⬠does not conclusively determine that it in fact answers that description. Nor does it prevent the pa yment from being an outgoing of a capital nature. 12. Interest is considered to be ââ¬Å"compensation to the lender for being kept out of the use and enjoyment of the principal sumâ⬠: see FC of T v.The Myer Emporium Ltd. (1987) 163 CLR 199 at 218; 87 ATC 4363 at 4371; 18 ATR 693 at 702). Penalty interest is not paid for the use of the lender's money. It is paid in respect of a period when the borrower has repaid the loan and does not have the use of the money (refer R. W. Parsons, Income Taxation in Australia at para. 6. 330) 13. The critical factor in determining the essential character of an outgoing is the character of the advantage sought by the making of the expenditure ( Sun Newspapers Ltd. v. FC of T (1938) 61 CLR 337 at 363 per Dixon J).Whether an outgoing is capital or revenue in nature ââ¬Å"depends on what the expenditure is calculated to effect from a practical and business point of viewâ⬠( Hallstroms Pty. Ltd. v. FC of T (1946) 72 CLR 634 at 648 per Dixon J ). 14. As a penalty interest payment is a cost directly attributable to obtaining early repayment of a loan, the question to be answered is effectively: ââ¬Å"what, from a practical and business point of view, is the advantage sought from an early repayment of the loan? â⬠This is a question of fact to be answered on a case by case basis. 5. Where the advantage sought is the release from the contractual obligation to incur a recurrent liability to pay interest on the loan, and such interest would itself have been deductible, then the penalty interest payment is on revenue account ( FC of T v. Marbray Nominees Pty. Ltd. 85 ATC 4750; (1987) 17 ATR 93, Metals Exploration Ltd. v. FC of T 86 ATC 4505; (1987) 17 ATR 786). Such a payment does display certain capital indicia in terms of the tests enunciated by Dixon J. in the Sun Newspapers case (supra); i. e. t is a once-and-for-all type lump sum which eliminates a threatened disadvantage and thus produces a benefit of a lasting char acter for the taxpayer. Nevertheless, where the initiating cause for early repayment of the loan is a saving in future interest outlays, the payment is essentially revenue in character. 16. On the other hand, where the penalty interest payment is paid effectively as a price to rid the taxpayer of a burdensome capital asset or is otherwise incidental to the realisation of an asset, then it will generally be on capital account. 17.Where repayment of a loan is secured by mortgage, penalty interest payable on early repayment may be deductible under section 67A. Section 67A provides a deduction for expenditure (excluding principal or interest payments) incurred in connection with the discharge of a mortgage securing repayment of moneys borrowed for the purpose of producing assessable income. Unlike subsection 51(1), deductibility is not affected by whether the expenditure is capital or revenue in nature. As previously discussed, so-called penalty interest is not, in fact, in the nature o f interest, and is therefore not excluded on his basis from deductibility under section 67A. 18. Borrowing expenses which are on capital account and for that reason not deductible under subsection 51(1) may qualify for deduction under section 67. However, penalty interest is not ââ¬Å"expenditure incurredâ⬠¦ in borrowing moneyâ⬠for section 67 purposes. These words, in the context of section 67(1), refer to a ââ¬Å"costâ⬠of borrowing; i. e. expenditure incurred in relation to the actual establishment of the relevant loan. The liability to pay penalty interest is first incurred after the money is borrowed, and is therefore not incurred in borrowing the money.The payment is not made pursuant to a contractual obligation which was incurred at the time of borrowing as an incident of establishing the loan (refer Ure v. FC of T 81 ATC 4100; (1981) 11 ATR 484). 19. Where penalty interest is paid upon repayment of a loan incidental to the disposal of an asset, the payment is not taken into account for Part IIIA purposes in calculating the amount of any capital gain or capital loss arising on the disposal. The payment would not be included in the cost base of the asset under section 160ZH.In particular, it is not within the categories of ââ¬Å"incidental costsâ⬠of acquisition or disposal in subsections 160ZH(5) or 160ZH(7), and, as it is not in the nature of ââ¬Å"interestâ⬠(see paragraphs 11 and 12 above), is not a ââ¬Å"non-capital costâ⬠under subsection 160ZH(6A). 22. Anne obtains a loan from a financial institution to purchase a rental property. Within the term of the loan Anne decides to sell the property. This requires her to repay the loan in order to discharge a mortgage over the property which secures the loan. In paying out the loan early Anne incurs a penalty interest payment. 3. The repayment of the loan, and the associated incurrence of the penalty payment, is a necessary incident of the sale of the property. A payment so connected to the realisation of a capital asset will be on capital account. The payment is therefore not deductible under subsection 51(1). The payment will, however, qualify for deductibility under section 67A as expenditure incurred in discharging a mortgage. 6. The CGT effects for Jino and Anna of the sales of the Darling Point apartment and of the King Street Property ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â
Tuesday, July 30, 2019
 Business Law Case
Brown is a farmer who, amongst other activities, has been in the business of raising chickens on large scale. The baby chicks require a continuous supply of a oxygen to survive and the necessary equipment for that purpose is connected to the electric power supplies to the farm. In thee past brown had suffered a minor loss of chickens from an interruption in this electric service and had, as a result, installed an auxiliary battery operated power generator in the barn to be available as an emergency back-up. He had taken further precaution of having a battery-operated power failure detector in his bedroom so that if the electrical power in the farmhouse failed, a warning signal would alert him to the potential danger of loss of electricity to his operation.ElectriChauncey is a driver for Gardiner transport ltd. While driving the companyââ¬â¢s truck on a night run, Chauncey allowed the vehicle to wander onto the shoulder of the road where the upper part struck overhead wires. As a r esult, electric power service in the areas was interrupted for a periods of five hours. The interruption extinguished the supply of oxygen to brownsââ¬â¢ barn and some 30,000 chickens died. Unfortunately, brown had temporarily disconnected the alarm detector in his bedroom and so on the one occasion when he needed it, it was not in operation. Brown bought an action for damages against both Chauncey and Gardiner transport ltd, to compensate him fir the loss of his chickens.Discuss the merits of the plaintiffââ¬â¢s (plaintiff) case? What will be the de fences?
Monday, July 29, 2019
How the banking industry has been affected by online banking Dissertation
How the banking industry has been affected by online banking - Dissertation Example Telecommunication systems and technologies help the bank to reach customers and provide them with not only general information but also the opportunity to perform interactive services of offline banking transactions like payment, receipts and transfer of funds (Aladwani, 2001). However Sullivan (2002) is critical of the technology and advises the banks that adopt internet banking to develop different methods of conducting business and speculates that internet will destroy old models and concepts of banking and will have profound influence on the banking industry. Online banking though offers variety of services resulting in better customer satisfaction giving personal experience (Karjaluoto, et al, 2002), it is often accompanied by risk factors which is why there is a need to carry out a research to study how the online banking has affected the banking industry. Background Traditionally banks used the internet to provide general information about the banks, services offered and other information to the customers. The incredible growth of internet has changed the way banking was processed with the entry of virtual banks like Compubank and Net.B@nk, providing customers with financial services over the internet and low cost or no fees as these banks do not have branches thus reducing the operating and fixed costs by replacing employees with technology (Jun and Cai, 2001). In order to sustain their competitiveness in the market, the traditional banks went online in order to provide better customer service, allow the customer access the services from the internet, make payment, receive and transfer funds online without standing in queue. According to a June 2006 study by the Pew Internet and American Life Project, 43 percent of internet users or about 63 percent of American adults bank online (Patton, 2006). Online banking allows 24/7 customer service, borderless transactions, speedy service, effective banking transaction assisted with more sophisticated tools and s ervices providing optimum security (Magoon and Vasisth, 2006). According to Plunkett (2008) companies that offer ATMs, physical branches and online services find the combination to be very effective as it costs a great deal less to service a customer who primarily relies on online services to manage accounts and ATMs to withdraw cash. Consumers who use online services seem to be educated, have large bank balances, better credit ratings and create higher levels of profits than customers who opt for traditional banking, the view which is also agreed and found by Sullivan (2000) that bank can generate a large number of Internet transaction if it has sizeable customer base. However, Plunkett (2008) states that maintaining accounts security are the major challenge to online banking as they have often been subject to attacks by hackers, scam artists and virus writers. It is further stated that success in online banking seems to be dependent on physical locations as consumers still wanted a branch to solve their queries. In a study carried out by Rose (cited in Jun and Cai, 2001), it was found that most of the banks, evaluated for service quality, showed an unsatisfactory level of service and argued that online banking has become complicated which may cause many problem than it can solve. Various studies
Sunday, July 28, 2019
Management Technique Assignment Example | Topics and Well Written Essays - 1500 words
Management Technique - Assignment Example 30) The most important asset of the airport was the choosing a suitable baggage handling system .The application of the automatic baggage handling system facilitated quick aircraft turnaround time to as minimal as 30 minutes. The efficiencies in the operations were mostly promoted by the occurrence of a fast turn around and this made it remain competitive among other aircrafts. The plan however faced some shortcomings because of the under estimation of the complexity of the project that resulted to problems like snowballing and public frustrations from the individual involved. Notably, the airportââ¬â¢s opening had been delayed for at least 16 months due to problems in the baggage system. Another setback was the increased expenditure to cater for the maintenance of the empty airport and also the city of Denver was charged an interest cost of $ 1.1 M daily during the time of the delay (Jean 2000, p. 28) However the most embracing moment of the delay occurred after the media had sho wcased a demonstration on the system which clearly showed how the system bags were crushed, vital information and goods destroyed as well as how two carts crashed into each other while moving at a very high speed. After everything had been resolved and the opening day was agreed upon .The plan by this time had been destroyed beyond control and the system had been distorted completely. The system was now only using one single concourse by the single airline and for only out bound fights in comparison to the 3 concourses it had been using in the automating baggage system. The rest of the baggage handling was carried out by the use of a simple conveyor belts with a manual tug and a quickly built trolley system when it was as ascertained that the automating system could not work efficiently again. After a period of 10 years, the remaining parts of the system were still used in the baggage handling until the United Airlines announced that the old system was to be abandoned completely in August 2005.This was due to the increased cost of maintenance that had risen to about $ 1 million per month even surpassing the cost of a manual tug and trolley in a month (Adam 2000, p. 5) Basic Mode of Failure The downfall of the plan can be attributed to many factors. They include the fact that some of the main minds behind the formulation of this plan underestimated its complexity and this is seen to be the main reason for the failure of the Denver International Airport project. The managers of the project set up the most complex baggage system that has never been applied before. The increasing of the size of the plan by as much as ten times more than the automated system made it more difficult to control or grow in potential. This led to the rise of issues like ââ¬Å"line balancingâ⬠due to the complexity of the system (Marj 2005, p 7). In a measure to regulate the system delivery, empty carts were distributed around the airport ready to pick up new bags. To achieve this goal all the 100 pick-up points had to be allocated empty carts efficiently. However this move got a setback because the queue could not clearly tell where they should anticipate the empty carts and where they should wait for the new bag. This resulted into delays thus the system could not efficiently achieve their operational goals as targeted. The project was initiated late because the managers under estimated its comp
Saturday, July 27, 2019
TEN COUNSELING THEORY CONSTRUCTS Coursework Example | Topics and Well Written Essays - 500 words
TEN COUNSELING THEORY CONSTRUCTS - Coursework Example The ego is on the other hand is concerned with realization of reality and it demands on someone and it is involved with reasoning. Superego is concerned with things being right or wrong. Since the personality has the id, ego and superego, it is the three that function in their own ways to result to functions of personality. The id controls ones desires and needs like the drive to eat or drink. Ego acts as the mediator of the others i.e. the id and the superego (Corey, 2008). It also mediates these two with the external world. The superego is responsible to decision making on what is right or wrong. Freud stated that a normal human being is as such on the average. He further stated that this personââ¬â¢s ego nears that of a psychotic in some instance or in a greater extent. He further asserted that anxiety reduction is responsible for normal traits. Freud asserted that mental illnesses develop from childhood and hugely caused by unconscious mind and motivation comes from anxiety reduction. He further said that behaviors in abnormality are exhibits of alternatives of repression. Corey (2008) states that the theory makes it clear that the human mind is dynamic and the behaviors that one exhibits if well looked into have a source that is traceable meaning that it is possible to change behavior. Freud has mentioned a number of techniques that can be used therapeutically or in Counseling. One is dream analysis where traumatic ones are referred to as routes to the unconscious. The other is Para praxes which is the slip of the pen or tongue when the unconscious interrupts the conscious mind shortly. The last is word association where the first word uttered randomly is used at a later therapeutic situation. The client needs to attend the sessions as required or agreed upon. The client is supposed to give honest information about the situation bothering them. Above all it is important for the client to give information of progress of the
Friday, July 26, 2019
BP Company Oil Spills Case Study Example | Topics and Well Written Essays - 1000 words
BP Company Oil Spills - Case Study Example Furthermore, this oils pill led to numerous ethical issues that BP should have addressed, some of this issues are discussed below. à The independent scientists and other examiners were denied the opportunity to research and determine the rate at which the oil was spilling by the BP Company. The scientists would have reduced the impact of the oil spill to the community if they would have been given the chance to assess the rate of the spill. Having said this, the ethical issue is, if indeed BP Company denied the independent scientist the opportunity of to examine the extent of the damage caused by the oil spill, then how would the company get to know where the problem was and come to effective conclusions. In addition, it was quite surprising that the government was unable to process the needs of the press and newsmakers to be able to enter into the site that had caused this damage, even though BP Company could have had various reasons for this, it was not fair since it did not follow a transparent process. Therefore, the ethical issue here is that there was no disclosure of information by both the company and the US government to the citizens thus making them to ââ¬Å"stay in the dark.â⬠Moreover, the legal security in the Mexican Gulf is incomplete as well as incomprehensive since it did not raise any penalty to the company for causing health and mental related damages to the wildlife living in that area (Freudenburg & Gramling 2011). Therefore, there is an ethical issue of the lack of animal and wildlife protection regulation that would punish the company. In addition, the company did not appropriately take charge of the oil spill situation since they did not give any warnings to the public. Ethically, the company was supposed to show great sorrow and regret as well as the oil spill tragedy instead of engaging itself in multiple blame games.
Thursday, July 25, 2019
Topic paper Essay Example | Topics and Well Written Essays - 1750 words
Topic paper - Essay Example Its reputation as a source of positive feelings is a motivator for people to come together to attempt a relationship as a couple. The concept of romance is inherently fascinating as it touches on various aspects of human development and psychology. Being so, numerous studies have been undertaken to demystify and understand this phenomenon. This exploratory study shall attempt to answer relatively basic and then and more complex questions pertaining to the dynamics of human romantic relationships, specifically that of heterosexual relationships ââ¬â how it begins; its effects on the romantic couple; how the involved individuals perceive themselves and their partners and how romance is sustained. Scientific studies of people who are in love show that apart from the emotional responses, there are physiological effects of romance. Fisher (2004) devoted much of her career to studying the biochemical pathways of love in all its manifestations: lust, romance, attachment and the way they wax and wane. Likewise, Marazziti researched on the hormonal effects of the emotions romantic love produces. Levine, Aune & Park (2006) studied love styles, communication in romantic relationships and individualsââ¬â¢ preferences for romantic partners. They also researched on how romance is initiated and what people do to intensify the romantic relationship. Romance also affects oneââ¬â¢s self-esteem, as studied by Green, Campbell & Davis (2007). These researchers indicate that when an individual is in love and knows that he is loved back by his partner, his self esteem becomes inflated. On the other hand, when the object of his affection rejects his love, then his self-esteem suffers much. Many more studies on how romance is developed and sustained are available in the literature that will be reviewed for this paper. This study will cover a wide spectrum of subject matter related to romance. It will investigate the topic holistically to
Latinos non-violent protests demanding changes in the New Immigration Essay
Latinos non-violent protests demanding changes in the New Immigration Law - Essay Example Importantly, this concerns the reservations some of you have expressed with regards to Latinos non-violent protests demanding changes in the New Immigration Law. First, let me acknowledge that the issue of illegal immigration in USA remains a concern of everybody in our society, and Latinos are not excluded (Boundary of the United States Para. 1-4). American Latinos suffer in the same way their fellow non-Latinos suffer when illegal immigrants impact on the social, economic, and political security become overwhelming and less manageable. Just like white Americans, legal and genuine American Latinos wants a free society; that is equal in its dealing with everyone, and that is just in treating everyone fairly and not because of his or her race. This is in addition to rewarding all people equally depending on their hard work and success without discrimination; indeed, that is the same thing American Latinos want to see in America. My brothers and sisters, let me remind you that the issu e of illegal immigration in USA has not started with Latinos, but remains historical in nature, starting even before the independence of this great nation. Throughout this period, efforts, visions, and mechanisms to deal with immigrants has not been fair at all; rather, it has tried to pursue, promote, and institutionalize discrimination in our Nation to particular groups of our nation. This discrimination has further been transferred and implanted in our societyââ¬â¢s instruments of justice, economy, education, political, and legal environment to an extent that they largely draw a thin line between genuine American Latinos and the illegal immigrants. Latinos who call America home should remember that they have not been spared in this wide discrimination and segregation, and this has not been their fault but the ignorance, laxity, and cruelty of our various social institutions and structures that continuously ââ¬Ërefuseââ¬â¢ to accept these people as part of American people . The presence of American Latinos in this great country cannot be questioned or doubted, specifically if one had to revisit the history of the Treaty of Guadalupe Hidalgo in 1848 and Gadsden Treaty of 1854 (Englekirk and Marin p.1). For those who may appear to be ignorant of these two treaties and only view Latinos in the perspectives of illegal criminals in USA, part of Mexico was curved off and became USA territory through constitutional recognition. People in these territories therefore had no choice but to call USA their home; yes, their home to enjoy all privileges entitled to all Americans. They did not force their way to become Americans, but it is America that made them part of this society. Becoming Americans further did not deny the Latinos their cultural identity, their cultural belonging and also their cultural freedom. They still remained part and parcel of their brothers and sisters at ââ¬Ëhomeââ¬â¢. What I have noticed with majority of you fellow Americans is t hat, we sparingly visit and reflect on out constitution, which is the supreme custodian of our actions. Our constitution remains clear and candid that all people of God are endowed with certain unalienable rights, which remain inherently natural and part of human being. Nobody can boast, claim, or even seek credit that human rights are privileges granted by the government or any form of mechanism. Therefore, it greatly saddens when the rights of Latinos are grossly violated in the name of dealing with illegal immigrants. Let me express here that, being objective and rational in your mind as I am will allude to the fact that the issues and problems facing Americans in terms of security, economy and social welfare
Wednesday, July 24, 2019
Digital Telecommunications and Networks Essay Example | Topics and Well Written Essays - 2500 words
Digital Telecommunications and Networks - Essay Example In the signal amplification of analog systems, noise is amplified with the analog signal. Thus, the signal-to-noise ratio deteriorates for each time an analog signal is amplified. Digital regenerators, on the other hand, reproduce an entirely new digital signal from a sample noisy digital signal. The signal-to-noise ratio of this new digital signal has the same signal-to-noise ratio as the original signal. Thus, digital signals can be transmitted over longer distances than analog signals. Pulse Code Modulation is simply digitally coding analog signals. It consists of sampling analog information signals and then converting them to a serial n-bit binary code for transmission over a physical medium. With PCM, each code has the same number of bits and requires the same length of time for transmission. The presence or absence of a pulse within a specific time slot indicates either a logic condition of 1 or 0 respectively. Wayne Tomasi, in his book Electronic Communications Systems, outlined how a simplex PCM system is integrated in telephony: An analog input signal passes a band pass filter which limits it to the standard voice-band frequency range of 300Hz to 3000Hz. The sample and hold circuit periodically converts samples of the analog input signal to a multilevel Pulse Amplitude Modulation (PAM) signal. The analog-to-digital converter (ADC) converts these PAM signals to parallel PCM codes. These parallel PCM codes are then converted to serial binary data in the parallel-to-signal converter. Finally, the serial binary data are then outputted onto the transmission medium as serial pulses. At the receiver's end of the transmission medium, the serial pulses pass through the serial-to-parallel converter. The digital-to-analog converter then converts parallel PCM codes to parallel PAM signals. Finally, the hold circuit which is a low pass filter, converts parallel PAM signals to the original analog sig nal (408). Time Division Multiplexing is the transmission of information from multiple sources to one or more destinations using the same facility but at different transmission times. The following are the fundamentals of how Time Division Multiplexing is integrated in telephony as summarized by Wayne Tomasi: In a 2-channel PCM-TDM system, each channel's input is sampled and then converted to an eight-bit PCM code. While the PCM code of channel 1 is transmitted over the transmission medium, channel 2 analog input signals is sampled and converted to a PCM code. And when the PCM code of channel 2 is transmitted, it is channel 1 that then undergoes analog input sampling and conversion (453). C.) Describe the main operating principles of CDMA (Code Division Multiple Access) technology and GSM (Global System Mobile) technology in mobile communication. Code-Division Multiple Accessing is a cellular telephone system based on spread-spectrum technology. It uses a unique code rather than a frequency or time assignment to differentiate users from one another. With CDMA, the base station uses
Tuesday, July 23, 2019
Define and then compare and contrast the major goals of the Civil Essay
Define and then compare and contrast the major goals of the Civil Rights Movement and the Black Power Movement. Discuss their differences, similarities, and contributions to the Black freedom struggle - Essay Example The main difference between the two occurs where Civil Rights Movement focuses on the civil rights of black citizens while on the other hand Black Power Movement is about helping blacks achieve full equality with those of whites. There similarities between the Civil Rights Movement and Black Power Movement include equality for everyone and elimination of discrimination. The equality to people involved equal employment opportunity, education, the right to vote, and no discrimination while elimination of discrimination involved blacks and whites coming together to create a discrimination free environment. It is easy to find people confusing Civil Rights Movement with Black Power Movement because the Black Power Movement came from the Civil Rights Movement. The Black Power Movement is seen as turning point in the relationship between blacks and whites especially around 1950s and 1960s.1It helped the blacks achieve equality as those of whites with a group like the National Association for the Advancement of Colored People that involved both blacks and whites in trying to get rid of discrimination. However, it was seen as a violent faction with the aim to divide the two races. Civil Rights Movement ensured the rights of citizenship by utilizing fourteenth and fifteenth Amendments that had been destroyed by Jim Crow Laws in the Southern part of America. This has seen the formation of the National Association for the Advancement of Colored People by blacks and whites in 1909 with the aim of eradicating discrimination. To conclude, we have seen that the Black Power Movement seems to have grown from the Civil Rights Movement with the aim of helping blacks achieve full equality with those of whites while the Civil Rights Movement has been seen to focus on civil rights of black citizens. Black Power and Civil Rights Movement have
Monday, July 22, 2019
Romeo and Juliet, analytical essay Essay Example for Free
Romeo and Juliet, analytical essay Essay Romeo and Juliet is an extremely well-known play written by William Shakespeare in the late 1590s. It is a story about an ancient rivalry between two wealthy families which is defied by two teenage star-crossed lovers who tragically die. The play was set in the Elizabethan era in Verona Italy. Despite that the play was written four hundred years ago it continues to capture the imaginations of teenagers in the 21st century, and the themes within the play are still seen in modern culture. These themes include infatuation, emotional extremity and rebellion. Romeo and Juliet is the most famous love story in English literature history, infatuation is naturally the playââ¬â¢s foremost and most significant theme as Romeo and Juliet become infatuated with each other in an impossible situation. Romeo and his friends have crashed the Capuletââ¬â¢s party and Romeo has just laid eyes on Juliet, Romeo says ââ¬Å"O, she doth teach the torches to burn bright! It seems she hangs upon the cheek of night like a rich jewel in an Ethiopiaââ¬â¢s ear; Shakespeareââ¬â¢s use of metaphor ââ¬Å"O, she doth teach the torches to burn bright! â⬠(1. 5. 2) reflects Romeoââ¬â¢s extreme infatuation with Juliet as he idolises her, Romeo is saying how beautiful and glowing Juliet is by comparing her to the stars. The love between Romeo and Juliet can come across as immature and impulsive which is why it is also known as infatuation. Teenagers in the 21st century still have these impulsive emotions which cause them to make immature decisions which arenââ¬â¢t thought through clearly with all the outcomes considered; examples of these impulsive actions are sexting, and having an un-committed sexual relationship. Romeoââ¬â¢s wild emotions majorly impact those directly around him, especially Juliet. Romeoââ¬â¢s emotions are always very intense and usually change quite quickly without much thought to the previous matter which caused his emotions to go wild in the first place. Juliet is impacted by these extreme emotions as seen later in the play that Julietââ¬â¢s level headedness is thrown out the window and quickly replaced with similar intense emotions just like Romeo. These emotions are seen commonly among teenagers now days, due to raging hormones and increasing pressure from other substantial causes, irrational mood swings and impulsive decisions
Sunday, July 21, 2019
Advantages and Disadvantages of Tacit Knowledge
Advantages and Disadvantages of Tacit Knowledge The research work submitted here gives an idea about how to manage knowledge creation and how those methods used in knowledge management. Knowledge work in an organization and the key aspects tacit and explicit knowledge clearly explained. This paper gives explanation about tacit knowledge, how it is transformed into explicit knowledge among individuals, organization and uses of it, also explains about explicit knowledge working in an organization and what are the uses of it. How new knowledge created based on tacit and explicit knowledge in an organization. Knowledge creation is the main issue in any organization, this paper explains how knowledge creation made with tacit and explicit and how they applied, help organization according to the situation. What type of relation and communication should be maintained between the individuals or staff and also explains what are the key factors to implement knowledge management in an organization to get the desired outputs, results and succe ss. INTRODUCTION: Knowledge management play vital role in present competitive world. Knowledge is the source for any company or organization. It is stored mainly in human brains. Knowledge is a level which is higher than the information. Many humans agree that knowledge is not personal. Knowledge is mainly available in two forms tacit knowledge and explicit knowledge. Tacit knowledge is a knowledge which cannot be articulated and not available in the form of data, document. It is highly personal and need some experts to transfer information for tacit to another form of knowledge. It needs face to face communication to transfer knowledge. Second type of knowledge is explicit knowledge. It is quite opposite to tacit. Explicit knowledge can be articulated easily and available in the form of data, document and manuals etc. explicit knowledge does not required experts to transfer information. Every individual can get the required information at any time. Knowledge management is a work environment in which all information and knowledge updated, connected and distributed among individuals of an organization. It is also known as competitive advantage improvement. Knowledge management varies from organization to organization, it involves following factors mainly Creating new knowledge Using knowledge for decision making Processing knowledge Transferring existing knowledge into many forms. Knowledge creation is very important in every organization, this paper clearly explains about knowledge creation in literature review. Tacit and explicit knowledge play main role for the knowledge creation. It exists mainly in four forms socialization, externalization, combination, internalization. Depending on the requirement of tacit and explicit knowledge, knowledge creation is made in the organization. TACIT KNOWLEDGE: Tacit knowledge is a knowledge which cannot be articulated, not expressed in words. This knowledge will not be shown in document and it cannot be said by words. Tacit knowledge word came with Michael Polanyi (1891-1976), he was initially Hungarian medical scientist, his first interest was in physical chemistry and later he turned into philosophy. According to him knowledge is public and also very great extent personal, the basic fundamental point to tacit knowledge is explicit knowledge because tacit knowledge information can be known by learning the explicit knowledge and by doing that. According to Pan and Scarbrough (1999 p362) Tacit knowledge is not available as a text. . . .It involves intangible factors embedded in personal beliefs, experiences, and values. Main problem for tacit knowledge is that, it is not articulated in words. Tacit knowledge will collect the things that we know how to do but do not know how to explain to do that even by symbols. The person having tacit knowledge is very difficult to communicate with the others even by the expressions also. Tacit knowledge depends on some factors to share with others. Action speaks more than words so showing is very easier than telling to transfer tacit knowledge but to do so this one must need to be experienced and professional about that situation. Tacit knowledge is referred to as know how. Once tacit knowledge is transformed to other person it will create a new knowledge, this new one can be tacit knowledge or explicit knowledge and it will depend on other person who is receiving. Example for tacit knowledge is riding a bike even if anyone tells about it in a perfect way, telling will not be implemented in same way. It need some practice to do it. So practice is also plays an important role while implementing tacit knowledge. More examples for this is how to catch a ball, mark a line, tie a knot etc EXPLICIT KNOWLEDGE: Explicit knowledge is contrast to tacit knowledge and the name itself says that knowledge something explicit. It can be described as well articulated individually and easily expressible knowledge. This can be expressed in words and verbalized easily in numbers also. Information of this can be shared in the form of data and this type of knowledge can be transferred from one person to another person. Explicit knowledge communicated in the form of hard data or documentation, for this no need of expert person to transform and no need of experience. Explicit knowledge can be conveyed in the form of articles, seminars, books and video presentations easily. Explicit knowledge and information have almost same meaning. In other way explicit knowledge can be regarded as implicit knowledge when expressed turned into information. IMPLICIT KNOWLEDGE: Implicit knowledge is a middle level knowledge to both tacit knowledge and explicit knowledge. There can be a type of knowledge which is tacit but it can be converted into explicit knowledge. Many organizations will not consider implicit knowledge because organizations need expert level knowledge and one more reason is that implicit knowledge need to be converted into explicit knowledge for this it need expert guide who know about situation. The main goal of organization is to find how much tacit knowledge is present in that data and try to transfer it to explicit knowledge. KNOWLEDGE CREATION: Knowledge creation is possible way to learn someone. There are mainly two types of knowledge, tacit knowledge and explicit knowledge. Combination of this individual knowledge with other in an organization will create a new knowledge to increase organizational knowledge. The main goal of knowledge creation is to develop business with customers in a well educated way. The following diagrams explains clearly about knowledge creation Knowledge creation in knowledge management is mainly divided into four types depending on the combinations of tacit and explicit knowledge, they are Socialization Tacit to Tacit Externalization Tacit to Explicit Combination Explicit to Explicit Internalization Explicit to Tacit. TACIT TO TACIT: Tacit to tacit knowledge is called as socialization. Socialization means sharing knowledge between individuals. This can be done by people coming together and sharing their personal tacit knowledge with other individuals by spending time living in same environment. Acquiring knowledge from other is not an easy task it involves large support of interaction between the customers and in an organization, in short fundamental part to transfer tacit knowledge in sharing with self-transcendence. In some cases tacit knowledge only shared if one becomes to be free to enlarge tacit information. Acquiring knowledge can be done by walking inside the company and capturing tacit knowledge of other person or transferring ones ideas inside the organization, this involve a great effort to acquire. Direct interaction sharing plays a vital role for this socialization in any organization. TACIT TO EXPLICIT: This type of knowledge creation is known as externalization. As name says it need to be externalized to transfer information from tacit knowledge to explicit knowledge. It can be done mainly by expression. So showing tacit knowledge rather than doing, by this process tacit knowledge can be easily transferred and understand by others and tacit knowledge will be converted into explicit knowledge Externalization can be said as difference between inner and outer boundaries of ones self. In this externalization individuals shares knowledge with group and become one in group. Externalization needs two main key factors, they are Articulation of tacit knowledge Translating the tacit knowledge of experts So externalization needs some exports to translate tacit knowledge into explicit knowledge EXPLICIT TO EXPLICIT: It is called as combination. It represents transferring some explicit information into more sets of explicit knowledge. Main issues in this are communication, diffusion process and systemization of knowledge. Transferring explicit knowledge into explicit knowledge involves three main steps. First capturing and integrating new explicit knowledge, in this collecting information from the company whether information may be inside or outside the organization. Next step is combining such collected information or data together as in the form of single data, next step is dissemination of explicit knowledge, and this can be done by transferring the knowledge directly or by arranging meetings. So by following these steps explicit knowledge will be converted into more explicit knowledge sets and new knowledge will be created and spread among the organizational members. Editing of collected explicit knowledge will be used as a more usable knowledge. EXPLICIT TO TACIT: Explicit knowledge to tacit knowledge conversion is called as internalization. This is a type of knowledge creation in which explicit knowledge converted into organizations tacit knowledge and for this one must find knowledge relevant to ones self. Internalization follows two steps to achieve it. First is explicit knowledge should be embodied in the form of action and next step is actualization of explicit knowledge tactics and strategic. For example trainers in an organization face some situations to explain organizations members in such case first trainers should understand the explicit knowledge of that situation and knowledge will converted into tacit knowledge. So trainers should have to learn knowledge and converts the explicit knowledge into his tacit knowledge first. Ba: In knowledge creation Ba model also have an important concept based on four characteristics of ba, as shown in below diagram As shown in above diagram clear explained about knowledge creation in Ba phases by using four specific characteristics, they are Originating Ba Interaction Ba Cyber Ba Exercising Ba Organization Ba: This phase involves sharing of knowledge with emotions, experience by the individuals in an organization. This can be represented as socialization. Face to face interactions with experience place a vital role between individuals. The key factor to transfer tacit knowledge is experience in any organization. Interacting Ba: Interaction Ba characteristic deals with tacit knowledge transformation into explicit knowledge. This phase represents externalization. Expert level communication, personal skills and dialogue are key roles in this phase of Ba for knowledge transformation into explicit. Selecting people with some specialized knowledge will be done to do so in an organization. Cyber Ba: Cyber Ba represents combination phase and in this characteristic interaction plays a vital role. In this explicit knowledge combines with the explicit information and creates a new explicit knowledge. Knowledge which is combined will be utilized in an organization in the form of document or database. Exercising Ba: In this phase explicit knowledge converted into tacit knowledge. This phase is also called as internalization. Trainers in an organization face situations like continue exercises to train people. In such situations trainers feel stress and that will turns to learn explicit knowledge into tacit knowledge for them. Different characteristics of Ba phase show a successful knowledge creation in an organization. Knowledge, which is created with-in ba will turn into tacit and process will go on in a cyclic way. So in this way initially tacit knowledge turns into explicit knowledge and then turns into tacit knowledge again. http://home.business.utah.edu/actme/7410/Nonaka%201998.pdf RESEARCH PROCESS: KNOWLEDGE MANAGEMENT IN SOFTWARE ORGANIZATION: Knowledge is not visible. It tie-up with customers and relationship with customer. Software industries depend on resources and for this knowledge management is required. Knowledge management assigns right to the right persons. In a survey it is found that An average organization stores 26 percent of knowledge in the form of papers, 20 percent in digital way and 42 percent of knowledge management stored in employees heads. So incase if any damage occur and if any resource lost, I such case human recourses of knowledge play main role to get back information. KNOWLEDGE MANAGEMENT IN PRACTICE: Knowledge management differs from one organization to other in practice. According to M D Agarwal A knowledge management practices that encompasses end to end processes owned by a department can go a long way towards boosting productivity. In practice knowledge management is a highly effected part to capture knowledge between different skill sets. In India as services of organization has huge number of software professional. So employees input information extremely responsible for organizational growth in practice. Knowledge management practice need some key factors to achieve and the factor issues are listed below Knowledge: In this factor first searching will done for vital knowledge, next process will be done how to use it in an organization. Human and organization factors: human roles and personal skills will help in this view and organizational requirements to develop knowledge sharing between members. Learning and improvement: in this point individuals have to learn new things in the organization and try to improve in better way to achieve good results. Key processes: business improvement way process by using knowledge process should be followed. Tools and techniques: tools are major techniques to know situations in a better understandable way to the knowledge management users. Examples and cases: Practice experiences give more clear explanation in organization and cases to learn from them. Learning and improvement: learning skills need to be known in organization to get own experience. http://www.skyrme.com/services/kmpract.htm KNOWLEDGE MANAGEMENT THEORETICAL FRAMEWORK: Experience of the people working for the company: Human cannot take advantage of information unless it is connected to any software as an information resource. People having expert level experience in a company will play an important role for the organization because they can transfer the information very easily as they have experience how to deal with the situation. So they can communicate easily face to face with any staff of the company and easily transfer the information even if there is any tacit information is present. Problem solving situations can be easily faced by the experience people. Learning skills of the individuals will be developed in multi tasking and multi-faceted. Employees commitment and goals of the company: Company having proper goals achieve good results. The main goals of any company would be money, travel, promotion etc. Most important commitment factor in any company is motivation. Buchannan defines motivation as an internal psychological process which starts, directs, and supports goal directed behaviour. In many engineering projects there will be a question often occurs is how to get people interested in project. So the answer is diffidently motivation. Motivation will keep people interest towards goal in any company to avoid difficulties. Commitment of the individual staff members turns the people to work hard to achieve desired goals in any company. So by the above discussion it can be conformed that commitment of individual team members and goals leads to technology success and to get the required knowledge. Interaction between people working in the company: Tacit knowledge must need to be interacting with the other people for knowledge conversation in a company. Interaction between team members should be clear and face to face. One must able to interact with any staff in the company. Every individual is responsible for the company and each one is working for company in different way, so there should be clear communication with each other to communicate. So key point in this interaction between people working in the company is face to face interaction to transfer tacit information. http://www.thestep.gr/trainmor/dat/%7B920e1adf-df3b-483f-a670-7184ed1a59e6%7D/article.pdf IMPLEMENTATION OF KNOWLEDGE MANAGEMENT: Knowledge management information varies from one company to other company and one country to other country. It will change as per the requirement in any organization as well as place. Here some points that are used while implementing knowledge management Planning is initial thing in any organization to acquire knowledge management. Organization must have capability to take risk, Knowledge management users should have proper support and good communication with management or higher authority. If any problem occurs at any stage, organization should apply some easier ways to solve the problem. Once the knowledge management is implemented, it needs to be checked regularly to know whether the plan is working or not. Most importantly knowledge management should have determination and storing knowledge capacity of knowledge Initially organization may not get the results as quickly as expected. It may take some time to return knowledge management investment. Organization should have to keep in mind about predefined outputs and proper updates before knowledge management use. KNOWLEDGE MANAGEMENT WITHIN TECHNOLOGY FIRM: Knowledge management mainly depends on three concepts Experience Commitment Interaction Experience: It describes the quality and the quantity of the knowledge management and experience is a largely using method to transfer information in a better understanding way. People having experience about the knowledge can easily communicate with others. So this is mainly considered with memory system. Commitment: In any organization commitment is crucial part for the knowledge management. Team members of organization have to take commitment to achieve the goals which is needed, and staff has to take task to do well with commitment. So this issue mainly belongs to motivational part. Interaction: interaction between the people is the responsible for knowledge transformation in an organization or company, if the interaction is good between team members then automatically information will be transferred which is indirectly works as a part of knowledge improvement. So this issue is a part of interaction system. Example: let us consider a company which is having required level of experience, communication between team members is face to face and it is good but commitment of staff and goals are neither in sufficient way nor effective. So as a result of company will not produce efficient outcomes. So knowledge management within technology firm should have above three experience, commitment and interaction concepts. If anything misses for any company then the desired result will not be produced. SUCCESS FACTORS FOR TACIT KNOWLEDGE: Human involvement factors play a vital role in tacit knowledge such as Personal interaction: person has to meet face to face for knowledge sharing. Good management leader as a role model for organization to follow by members. Good human encouragement by the people in an organization. Motivation rewards and hopes. Relation should be good between sender and receiver when knowledge is in sharing. Such as trust and openness. Knowledge Management from Yaw Chooi Fun ADVANTAGES AND DISADVANTAGES OF TACIT: Advantages: it is very important in knowledge management because overall information and benefits come from tacit knowledge only. Tacit knowledge tends to transfer knowledge directly from one person to another, later knowledge play vital role. Tacit knowledge returns great investment and it increases workplace efficiency. Tacit knowledge is canter of the research in knowledge management. In a company usage of tacit knowledge is the main source compare to competitive knowledge. Tacit knowledge is not much expensive and it is easy and it leads to employee satisfaction and motivation. Information is secured in an organization. Disadvantages: the main disadvantage in tacit knowledge is knowledge transformation. Knowledge will remains in tacit stage in knowledge is not transformed. To transform tacit knowledge need some experience and skillful person. Tacit information may remain in tacit stage if individuals not share the information. Face to face interaction shares the information only with one person at a time and other individuals need some time to gather tacit information. And one of the most disadvantages is that once tacit knowledge leaves it may convert into tacit again, in organization it will cause a huge damage. Tacit knowledge cannot be found in the form of document. ADVANTAGES AND DISADVATAGES OF EXPLICIT: Advantages: One of the main advantages in explicit knowledge is that, it can be found in the form of document or data and it can be used in an easy way. Information can be transferred quickly without any time waiting process. Knowledge transfer is made easy one to other in an organization. Information can be articulated in an organization systematically. Knowledge can be improved in further way explicit for learning. Disadvantages: the main disadvantage in explicit knowledge is information may not secure, as the information passes to many people. Information should remain within the boundaries. Many organizations need some expert to articulate knowledge, every individual may not have required skill to articulate in the organization. Documentations or database should be maintained securely because explicit knowledge may be codified as it is also available in documentation.
Drivers For Internationalization In Aerospace Management Essay
Drivers For Internationalization In Aerospace Management Essay The papers in this portfolio are all related to the strategic decisions that corporate organizations make in order to expand their share of the ever-growing global market, while ensuring that their competitors are not able to replicate their formula for success. Three of the papers discuss specific companies-Tesco, Rolls-Royce, Carrefour and Wal-Mart-thus giving the impression of a mini case study on how these global players strategize their way into market domination and superior firm performance. The third and final paper is a general discussion on George Yips model on internationalization drivers as these are applied in the civil aerospace engine manufacturing and the global grocery retailing industries. Students, scholars and practitioners alike will benefit from the lessons and analyses made in these papers because they show a thoughtful and realistic look into the workings of different corporate organizations while utilizing different business concepts. At the end of the day, this portfolio is designed to show the students ability to comprehend and analyze practical business dilemmas in light of existing theory. Drivers for internationalization George Yip proposed his model of the drivers for the growth of international strategy among corporate organizations. He introduced four main categories of drivers that were key in determining the extent of globalization within a particular industry. These are: Market globalization drivers Cost globalization drivers Government globalization drivers Competitive globalization drivers A company that exhibits less of these drivers is characterized as being local in nature, and conversely a company with a higher number of the drivers are becoming more global both in outlook and in operation. These drivers are not stand-alone, however, because they in fact influence on another in a cycle that determines a corporate organizations readiness to join the ranks of global companies. Stated otherwise, these internationalization drivers are governed by four different factors: technology, social and demographic considerations, politics and legislation, and economic and political considerations. All in all, should a company wish to transform its operations from that of a local industry to an international one, it should pay attention to the different factors that can make or break its ability to participate actively in the global market. While there are of course other factors that may influence a companys eventual success in going global, Yips model gives us a simplified and practical view of what it would take for a company to launch itself into the global playing field and claim its share of global consumers. Different industries and different corporate organizations vary greatly in their capacity for globalization, especially because the nature of the products/services they offer as well as the consumers who avail of them are vastly distinct from one another. Let us compare the global grocery retailing industry and the civil aerospace engine manufacturing industry as an example. We can compare the two in this manner: Global grocery retailing industry Civil aerospace engine manufacturing industry Market driver High Low Cost driver High High Government High Low Competitive High High Countries that have the most advantageous combination of as many drivers as possible are preferred by global companies, as a market for their products/services, as a home base or both. As we can see from the table above, the global retail industry actually has better potential for pushing a global strategy. This is evidenced by the relatively recent entry of new global grocery retailing brands such as Wal-Mart into previously untapped markets like China. Because of the high tendency for globalization, other retail companies are also beginning to look in to the possibility of expanding their business overseas in order to benefit from a bigger customer base. Carrefour, Wal-Mart and the Chinese market The entry of big international players in the Chinese local market in recent years has shown that China is the new gold rush for global companies looking to expand their share of the market. The global grocery retailing industry is just one of the many business sectors that have come to China to make the most out of the millions of consumers who will avail of their products and services. The bid to make China the next biggest market for the global retail industry started in 1992 when the country opened up its retail industry to foreign investors like Carrefour and Wal-Mart. Carrefour entered the market three years later by opening a partnership with a Chinese management consulting firm, creating an entity called Jia Chuang. While other companies treated the Chinese market as one big bloc of consumers, Carrefour looked considered it to be composed of many smaller markets. It opted to create regional offices which were in charge of the expansion programs for different areas of the country, instead of having a centralized national operations network. Carrefour continues to carry out its expansion strategy by depending on local distributors, who supervise the delivery of their products straight to the stores from the regional centres. The company believes that flexibility is a priority consideration especially when operating in a relatively new market. The cost of development is lower because Carrefour is able to build its network store by store while keeping issues about uniformity of service and quality control in check. As for Wal-Mart, they see the challenges of the Chinese retail market differently. Unlike Carrefour, Wal-Mart is putting its investments on a centralized distribution system that is headquartered in Kengzian. The new centre boasts of a 40,000 square meter facility that has been created to handle simultaneous deliveries with up to 70 bays. But like Carrefour, Wal-Mart has also entered the Chinese domestic market by partnering with a local firm, a Taiwanese retail firm named Trust-Mart. Wal-Marts emphasis on back-end operations is almost the exact opposite of Carrefours customer-first strategy, although the latter seems to be on the upper hand in terms of actual market share and profitability. However, at some point Carrefour will also need to pay attention to its back-end to maximize the strong dynamics among its stores. Its current strategy is working well for Chinas market environment but new developments will have to be introduced in the future. No global retailer has yet launched an all-out expansion into China without creating a joint venture with a local company, which is a strategy that enables them to ease slowly but surely into the market instead of going in without a clue as to how the market actually works from the inside. However, it would be more disadvantageous for a global company not to try breaking into the Chinese business scene. The market is rich with millions and millions of consumers who are only too willing to try new the products and services that have suddenly become available to them thanks to the opening up of the market. Care must be made in making these new foreign financial investments work in order to ensure that the companies will see good returns on their investments. Companies must not be deluded by the promise of a huge new market and fall behind their usual standards for doing business. Tescos core strategies and VMO Tesco is one of the leaders in the global retailing industry. The company started in the United Kingdom in the late 1920s and has since grown to be one of the most robust and successful supermarket companies in the world today. Tescos core strategy is founded on their desire to attract and maintain customers who will become their lifetime partners. The company espouses the belief that their corporate success is dependent on their ability to meet the demands of people-both the people who work for them and the people who shop with them. Tescos two-pronged approach misses out on no opportunity to improve not only their service and products, but also their international relationship with their staff. This is reflective of the current thinking among corporate organizations today that a companys human capital is more than just another factor of production-they are in fact the backbone of a company and they make it possible for the corporate strategies to be carried out effectively. Paauwe and Boselie (2002) point out that the emergence of such a breed of HR management has been brought about by the fact that human capital is now seen as a source of competitive advantage. As for Tescos commitment to their customers, the company is firmly rooted in the belief that going the extra mile to satisfy their shoppers needs and requirements will go a long way towards ensuring their loyalty to Tesco. Loyalty is key to maintaining and expanding Tescos share in the retail market. If Tesco can give a customer superior service, then there are higher chances that that customer will keep shopping only at Tesco. But before Tesco can be first to meet their customers needs, they embark on a focused and in-depth study of their shoppers in order to anticipate what they require. Tesco employs what they call the Every Little Bit Helps strategy to ensure that they know exactly what their shoppers and their employees want. Tesco has designed five core business purposes: Be a successful international retailer Grow the core UK business Be equally strong in the food and non-food sectors Develop competitive retailing services Put the community at the core of all business activities. The Every Little Bit Helps strategy is Tescos way of translating these core objectives into actual strategies to help the company achieve its organizational goals. Without the concurrence of both strategy and purpose to guide a corporate organization, especially a global one like Tesco, there will be little chance for the company to have a clear direction of where it wants to go and how to go there. The core strategy and core purposes of Tesco are a way for the company to articulate what it wants to achieve within a given timeframe, as well as crafting the necessary steps to accomplish the goals that it had set for itself. As for Tesco, the company is imbued with the lesson that no organization will progress without considering the needs of its customers and its employees, so their approach is always to seek what is best for both in order to make the company number one. Strategic alliances and Rolls-Royce No man is an island-and even in businesses, this clichà © rings true today. Some organizations, particularly small-scale ones or those that have only just started doing business, may be better off finding their own niche in todays complex market, but there may come a time when they will have to form significant partnerships with other businesses in order to flourish and achieve sustained growth. The current state of the global business landscape today has forced organizations to come up with more creative ways of surviving and keeping ahead of their competitors. Some of the more important aspects that most companies today are focusing on to improve their overall performance are enhancing their brand identity, connecting with customers and attracting competent and highly-skilled workers (Isidro, 2000). Moreover, todays corporate managers are also facing a highly competitive environment that is increasingly complex, globally cantered, and technologically uncertain where there is a critical need for dynamic, flexible, and proactive responses (Miles, Preece, and Baetz, 1999). It is no longer enough to emphasize on creating and opportunities on their own, because independence also has its drawbacks. As a result of the various pressures that companies are facing, there is now an increased tendency among them to favour forging strategic partnerships and alliances as a viable business option. Elmut and Kathawala (2001) are also of the opinion that strategic alliances among corporate organizations are one of the most recent trends in the business community that have made it possible for companies to stay afloat despite serious drawbacks and difficulties. In the case of Rolls-Royce, the company has entered into almost 30 separate partnerships with different firms all over the world to help expand its share of the global market and build on its knowledge and technology base. Of the four reasons that Elmut and Kathawala (2001) outlined for the emergence of strategic alliances, it appears that there are two primary reasons for why Rolls-Royce has chosen to partner with different firms. For one thing, the company stands to gain from such partnership in terms of entering new markets with which it is unfamiliar. Brokering a deal with local corporations allows Rolls-Royce to expand its market while at the same time benefiting from the expertise of an old-timer in the market. Secondly, Rolls-Royce is also into strategic partnerships in order to obtain new technology and best quality at the cheapest cost. The company has four business divisions, all of which need intense research and development funding. Instead of going through their own R and D cycle, Rolls-Royce can share their knowledge and technology with their strategic partners at a much lower cost, thus ensuring that each division is well-maintained but is not draining the companys resources for continuous R and D. While Rolls-Royce can actually provide the funding for its own R and D, it is more cost-efficient for the company to trade information with its partners and make the product or service immediately available in the market. It must be noted, however, that it is not just Rolls-Royce who stands to reap all the wonderful benefits from the strategic alliance. Their partners also take advantage of the Rolls-Royce brand name and the companys existing network of contacts, suppliers and customers, giving the other partner a fair competitive advantage over its competitors in the local market. Strategic alliances are all about creating good working relationships with other companies in the industry and pooling together resources for the mutual benefit of the partners.
Saturday, July 20, 2019
Rheumatoid Arthritis Essay -- essays research papers
à à à à à Rheumatoid arthritis is a chronic syndrome that is characterized by inflammation of the peripheral joints, but it may also involve the lungs, heart, blood vessels, and eyes. The prevalence of this autoimmune disease is between 0.3% to 1.5% of the population in the United States (Feinberg, pp 815). It affects women two to three times more often than men, and the onset of RA is usually between 25 and 50 years of age, but it can occur at any age (Reed, pp 584). RA can be diagnosed by establishing the presence of persistent joint pain, swelling in a symmetric distribution, and prolonged morning stiffness. RA usually affects multiple joints, such as the hands, wrists, knees, elbows, feet, shoulders, hips, and small hand joints. RA is usually characterized by the inflammation of the synovium, which lines the joints and tendon sheaths of the body. à à à à à The etiology of this disease is unknown. There are multiple factors involved in this disease, including autoimmune reactions and environmental factors. There is also a genetic predisposition that has been identified that can be related to the cause of RA. Rheumatoid arthritis develops as a result of an interaction of many factors. Much research is going on now to understand these factors and how they work together. Rheumatoid arthritis is one of several "autoimmune" diseases because a person's immune system attacks his or her own body tissues (Gordon, pp 16). A feature of rheumatoid arthritis is that it varies a lot from person to person. For some people, it lasts only a few months or a year or two and goes away without causing any noticeable damage. Other people have mild or moderate disease, with periods of worsening symptoms, called flares, and periods in which they feel better, called remissions. Still others have severe disease that is active most of the time , lasts for many years, and leads to serious joint damage and disability. Rheumatoid arthritis occurs in all races and ethnic groups. Although the disease often begins in middle age and occurs with increased frequency in older people, children and young adults also develop it. à à à à à In 1987, the American Rheumatism Association developed seven criteria to define RA. First, morning stiffness in and around joints lasting at least one hour before improvement. Second, there is arthritis of three or more joint areas. Third, there is swelling of at least one ... ...person's tension can be released in more positive ways rather in a harmful manner towards himself/herself or towards others. The OT may also promote the person to participate in more social activities to get him or her to feel more competent and increase one's self-esteem. à à à à à Persons with arthritis often do not comply with treatment and management routines, so the Occupational therapist may need to provide him or her with good learning or teaching techniques. The OT must also share with the patient the expectations about treatment and management, encourage personal responsibility for his or her care, and maintain a relaxed environment to encourage communication with other professionals and loved ones. The OT must also be cautious of any other health concerns that may arise due to the progression of the illness or even side effects from the medications. There are so many affected by Rheumatoid Arthritis and it is a growing illness that has been seen across the United States. In the future of medicine, more and more research will be done to find the cure to this illness, but for now, such treatment like Occupational therapy will further advance the lives of those living with RA.
Friday, July 19, 2019
Comparison Between the Sunnis and Shiites Essay -- Religion Religious
A Comparison Between the Sunnis and Shiites Have you ever wondered about other religions that are out there and why they are out there? I have and that is why I chose to write my paper on the Sunnis and Shiites. Read on to learn more about a brief history and then I will break each of them into separate religions. In books written on Islam the word "hadith" usually refers to the sayings or "traditions" which have been given from the Prophet. Muslims hold these to be the most important source of Islamic teachings after the Qurââ¬â¢an. A lot of books have been written in English about what the hadith means in Islam and a number of important translations have been made. Almost all the studies have been limited to the point of view of Sunni Islam and based on Sunni sources and collections. Practically no one has ever paid any attention to the different nature of the hadith literature in Shiism and the different sources from which the hadiths are recieved. The main difference to be made between Shiite and Sunni hadiths is that in Shiism the traditions are not limited to those of the Prophet, but include those of the Imams as well. I will explain more of the distinctions later on. The difference between the two religions is still hard to distinguish even with easy to understand books like the Encyclopedia of World Faiths. There, the author of the article is aware that there is some difference between Shiism and Sunnism on the question of which hadiths are included, but he thinks that it lies in the fact that the Shiite collections accept "only traditions traced through 'Ali's family." But this is incorrect, since a lot of traditions are also gotten through other sources. What the author fails to mention is that the hadith literature as understood by Shiites is not limited to the sayings of the Prophet, but includes those of the Imams as well. The most famous and reliable collections of Shiite hadiths are four books. These books relate to the Six Correct Collections in Sunni Islam. These are al-Kafi fi 'ilm al-din (The Sufficient in the Knowledge of Religion) by Thiqat al-Islam Muhammad ibn Ya'qub al-Kulayni (d. 329/940), Man la yahduruhu al-faqih (For him not in the Presence of Jurisprudent) of Shaykh al-Saduq Muhammad ibn Babuyah al-Qummi (d. 381/991), Tahdhib al-ahkam (Rectification of the Statutes) by Shaykh al-Ta'ifah Muhammad al-Tusi (d. 460/ 1068) a... ...egarding the holding of spiritual and political authority remained strong even after the end of the Caliphate itself in the 13th century. The Sunnitesââ¬â¢ strongest belief has an emphasis on the views and customs of the majority of the community, as distinguished from the views of other groups. The Sunnites compromised by allowing the other groups to bring their beliefs and customs that had nothing to do with the Qurââ¬â¢an. The Sunnites recognize the six "authentic" books of the Hadith, which contain the spoken tradition attributed to Muhammad. In the 20th century the Sunnites constituted the majority of Muslims in all nations except Iran, Iraq, and perhaps Yemen. They numbered about 900 million in the late 20th century and made up nine-tenths of all the followers of Islam. In conclusion I would like to comment on a couple of things. First of all the Shiism makes up 10 percent and Sunnism makes up the other 90 percent of the Muslim religion. Second of all the Shiites and Sunnis both are closely related, but have many differences. The two religions are both very complicated and difficult to understand. I hope after reading this paper you have learned a little more about both.
Thursday, July 18, 2019
plotlear Importance of the Subplot in Shakespeares King Lear :: King Lear essays
Importance of the subplot in King Lear "Why bastard wherefore base?" asks Edmund. The bitter illegitimate son resents his father and brother. He is determined to "prosper" and "grow." Ruthlessly, he plays on old Gloucester's weakness and persuades him that Edgar seeks his death to obtain his inheritance. Edgar, being told that Gloucester seeks his life for some reason, flees. With Edgar thus removed, Edmund now seeks to destroy his father and reports his alleged "treason" to Cornwall who removes the old man's eyes. The bastard has travelled far and is now Earl of Gloucester. Sought in love by both Goneril and Regan, victorious in battle over Cordelia's forces, Edmund's future seems assured. Alas, the discovery of Goneril's letter urging Edmund to kill her husband Albany leads to his arrest. Edgar in disguise fights Edmund, who is defending his honour and is mortally wounded - "the wheel has come full circle". Gloucester, realising the wrong he has done to Edgar, yet joyful he is alive, dies. Edgar joins Albany in ruling the country. So skillfully has Shakespeare intertwined the two plots, beginning in Act II at Gloucester's castle and ending in the alliance of Edgar and Albany, that is is difficult to separate them. Gloucester, like Lear, suffers from filial ingratitude. It is in his castle that Lear is humiliated by his daughters and flees into the storm. Gloucester's sympathy helps Lear to Dover to meet Cordelia, yet leads to his own blindness and his going to Dover for suicide. Edgar becomes embroiled in the main plot when, disguised as a madman, he meets Lear on the heath. His destruction of Oswald, Goneril's steward and his defeat of Edmund in the duel leading to Edmund admitting he has given secret orders for the execution of Lear and Cordelia, together with his alliance with Albany, all relate him to the main plot. However, it is - appropriately enough - the corrupt Edmund who becomes most entangled with the main plot. Ambition drives him into Cornwall's hands, and to his double involvement with Goneril and Regan.
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