Risk Essay Example Competitive Environment and Risk Assessment

Competitive Environment and Risk Assessment Barclays Bank is one of the leading banks in the world with operations in 60 international countries. The current financial crisis has caused serious problems for financial institutions, and Barclays is no exception. The recent fiasco has thus strengthened the argument that there must be a more comprehensive corporate governance code for the financial institutions. (Kalbers, 2009). Barclays therefore has to prepare itself for the relatively new and more radical changes that may take place in future in terms of new corporate governance challenges. Competitive Pressures Historically, it has been observed that the Britain’s Corporate Governance movement has been hijacked by top accountancy firms in order to maximize value for shareholders; other stakeholders, such as employees, customers and the community, have been relatively neglected.(Cassidy, 2003).   Today’s environment is relatively more volatile than beforehand due to perceived threats to the global financial system specially in the aftermath of the current financial crisis. It is critical to note that in such an environment, the overall competitive pressures are mounting on many financial institutions including Barclays to maintain their positions within the market. Of great significance is that the current financial crisis has resulted in the decline of loanable funds to the consumers; this will likely result in a drastic decrease in revenue as well as profitability for Barclays Bank. The recent results however, indicate that the firm has been able to withstand pressures and the results of the first half of 2009 has shown considerable improvement by the bank. Strategic Challenges One of the most important challenges faced by the Barclays Bank is to keep its dominance over its traditional markets. Though the bank has been able to meet the current global financial crises however, its ability to service the market has reduced due to overall external economic conditions. Firm therefore needs to revise its internal control mechanism in such a manner that it successful withstands external challenges. The new capital requirements under BASEL II are another significant challenge because it will require Barclays to manage and maintain a certain level of capital against its assets. Similarly, the collective malpractices in financial system as a whole is another significant challenge because banks have indulged themselves into activities which   Customer services is another significant challenge in such scenario where profits are declining and expectations are rising for more efficient customer services. In order to cope with the increased pressures of the financial c rises, Bank of England has significantly lowered the interest rates whereas the overall cost structure of the banks have remained the same which therefore resulted into lose profitability for the banks. This also indicates the UK’s financial institutions are still finding it hard to achieve a balance between risk and reward and subsequent development of corporate governance mechanisms which can help achieve organizations this aim.(Gentle, 2009). Recommendations In order to overcome these strategic challenges, Barclays has to strengthen its internal controls and procedures. The non-existence of checks and balances on the activities of the managers provide incentives to the managers to engage into such activities which are potentially not in favor of all stakeholders. The overall focus shall therefore be on ensuring complete and more transparent reporting of the all issues of the bank while at the same time implementing an effective corporate governance code by strengthening the role of various other stakeholders. References Cassidy, D (2003) Maximizing shareholder value: the risks to employees, customers and the community. Corporate Governance. 3 (2) 32 – 37 Gentle, (2009) Work in progress?: How the credit crunch has its roots in the lack of integrated governance and control systems. The Journal of Risk Finance. 9 (2) 206 210 Kalbers, L (2009) fraudulent financial reporting, corporate governance and ethics: 1987-2007. Review of Accounting and Finance. 8 (2) 187-209 So Shall We Write Your Assignment Too? We’ve done it for thousands of students, and they are thankful and satisfied. Since you’ve been reading all this, you most probably want to pay someone to do your assignment. Trust us; that someone is our company! Open your account and place order now.

Suppressing superficiality essays

Suppressing superficiality essays OK, so guys are stupid and compete with each other in endeavors more pointless than ABC's Thursday night lineup. But at least we're honest with ourselves, girls. You've at least got to give us thathey, it's more than we can say for you. Ask a guy what he wants in a girl. Chances are he'll mention intelligence, confidence, fun, etc. But you can be damn sure somewhere on the list, closer to the top than not, will be attractiveness. Looks. Hotness, desirability, bootiliciousness whatever you want to call it, men want it. Damn straight we're superficial. And you know what? It doesn't matter. Acknowledge something, give it acceptance, and it ceases to be an issue. Yeah, we care. And yeah, girls know it. Which leads to things like eating disorders, low self-esteem and Cosmo. This sucks a lot. But at least it's out there. You can accept it, deal with it. The opposite of girls, guys are told from an early age their looks don't matter that much (though the importance of paycheck size is never in doubt). Be a nice guy, be a provider that's what's important. Then, when it turns out looks are important, we're confused. We've been lied to, led astray. Goddamnit, if you'd just admit it matters what we wear, we'd be more than willing to dress up a little. But you keep saying it doesn't and then act all standoffish because we're wearing a Weezer T-shirt and our We might not mind a little more pressure to conform if it meant expectations were clearer. Hey, I think I could handle constantly dieting; at least then I'd know my oversized ass was why I never get hit on. As it is, I'm left to assume I must not have presented a convincing enough image as a future husband. Or was it because I lost that pool game? Uncertainty's a bitch. So we're superficial dicks. You're never going to hear a man go: "Well, yeah, ...

Community Oriented Policing and Gags in America Research Paper

Community Oriented Policing and Gags in America - Research Paper Example It assists the police in tracing the social foundation of the criminal gangs, which is important in setting up strategies for termination of their activities. Community Policing in America was introduced with the aim of promoting and maintaining peace in the society through a community based approach whereby the community is given the mandate to find a solution to transgression and general social disorders that occur amongst its members. This is achieved through establishing partnerships between the community and the police. It was also aimed at enhancing service delivery by the police to the community. It involves consultations within the community in local meetings whereby police acquire information from the community that is essential in prioritization of policing activities. It is a practice that that is assumed to remove the barriers that separate the public from the police and bringing convergence in their activities for a common interest (Wilson 2006 p 242). The practice has had many effects on the community in general as well as on the operations of the police. This essay is a critical evaluation of the current effects of modern c ommunity policing on gangs in America. It mainly concentrates on current community policing geared efforts to combat criminal gangs. Community policing is a practice that has promoted partnership between the law enforcement officers, local government and the public in setting strategies to combat crime in America. It has been successful in ensuring that crime within the communities is contained, as well as reduction of fear among the people, mainly because they feel protected due to the fact that they are close to the security personnel (Katz and Webb 2006 p 96). It has helped in the improvement of the quality of life amongst the Americans since people no longer live in fear. However, the practice is still new in the security system and therefore

GI Jane Movie Review Example | Topics and Well Written Essays - 750 words

GI Jane - Movie Review Example As a Navy topographic analyst, O’Neil was determined to prove that women would be able to adhere to the rigorous training, where even men reportedly fail. The film shows the manner by which O’Neil struggled to emphasize and prove that she can comply with all the physical, emotional and mental demands of the training. Shaving her hair to ultimately depict her demand to be treated as a soldier, not as a woman, O’Neil braved exerting her physical limits under different weather conditions: doing push-ups under ice-cold surf, training under the rain, crawling through muddy ground, being resourceful for food from trash, and being subjected to all sorts of physical torture (getting punched, kicked, shot at). O’Neil was also constantly being mentally and emotionally barraged by her drill trainer, Master Chief John James Urgayle, portrayed by Viggo Mortensen. Due to O’Neil’s remarkable persistence and success within weeks of training, she was termed â€Å"G.I. Jane† by the civilian media The climax of the film finally tests O’Neil’s preparedness to go into combat through a mission in Libya where she commandeered a platoon to rescue a team of U.S. Rangers who were set to recover a satellite with plutonium that fell into the Libyan dessert. O’Neil’s skills and leadership enabled her and the team to rescue her Master Chief who got injured and, therefore, rendered her worthy to be accepted among the Navy SEALs. The clearly explicit backdrop of gender discrimination in the Navy was the ultimate example that formed the plot of the film.The initial recruitment of O’Neil in the program was a form of test to prove that women can indeed succeed in the rigorous training predominantly dominated and passed by men only. Another example of discrimination is the initial perception of the male trainees on O’Neil, who sneered and expected her failure just because of her gender. The stereotyped perception

The Evolution Of Macroeconomics in the UK Essay

The Evolution Of Macroeconomics in the UK - Essay Example According to Keynes the demand for the goods in the long run could be altered by the governments. The monetarists however argued otherwise. They criticized the long run and the short run objectives of the Keynesian model because they argued that problems like the inflationary expectations could result. According to the monetarists the Keynesian model was based on a lot of assumptions. They also argues over the rules and the discretion stating that the governments and the banks could make rules but in order to achieve the long run objectives the implementation was compulsory. This discretion was not that likely practically. They argued that discretion was necessary instead of the rules. Say’s law states that ‘the creation of one product immediately opens a vent for other products’. By this, Say wants to imply that the supply makes the demand for itself. This means that he argues that excess supply would result the demand to increase too so that the demand is ‘created’ for the supply. Keynes on the other hand believed that demand did not change all of a sudden. Rather it had to be managed by some practices. He criticized the law stating that the UK economy had been demand deficient during the war. Keynes also stated that if Say’s Law was to be true, then during the war the demand should have been created for the excess supply. On the contrary, what really had happened was that the demand had been deficient during the war. In the circular flow model, if the business sector does not produce anything, then the households do not earn any income. This is where Say’s law is reflected in the model. Keynes critique to this notion was that although the revenue earned by the production in the firms does end up as income for the households, this may not happen instantaneously. Households are likely to spend as much income as they have. In the 1940s the main change that had occurred in Britain was the switch to a market economy. The economy

Globalization and Income Inequality in Latin America

Globalization and Income Inequality in Latin America Ivan Mendoza Globalization and Income Inequality in Latin America and The Caribbean Introduction Over the past two decades, â€Å"developing countries have gradually committed themselves to more engagement with the global economy by following the path of trade liberalization and openness toward international markets† (J.D.K. Chap. 10 p.416). As a result, â€Å"many developing countries have experienced increases in within- country income inequality. The growing income inequality has coincided with the period of increasing exposure of countries to globalization through an increased of trade flows and investment across international borders. These development have sparked a large debate in the academic and policy circles about the effects of globalization on income inequality within- countries† (J.D.K. Chap. 10 p.564). This paper will discuss whether globalization has contributed to within- country income inequality by focusing on one aspect of globalization, mainly the countries’ trade flows, specifically exports. Test- Hypothesis Considering that â€Å"the interest of developing countries might be more in line with those of the developed/ advanced countries, reflects the integration of emerging and developing countries to the global economy through a rapid pace of trade globalization to create opportunities that will create speed economic growth and development. This wave of trade liberalization has had a great impact on the income inequality within developing countries. Therefore, I argue that globalization should lead to an increase of the income inequality within emerging and developing countries, in other words, an increase in total trade (exports) is highly related to the increase of the income inequality within a developing country. Method and Data Collection In order to test the hypothesis that an increase in exports is highly related to the increase of the income inequality of developing countries, I will examine the economic growth and trade of emerging and developing countries, with emphasis on the region of Latin America and the Caribbean. Some of the countries in the region have experienced rapid economic growth and development, but â€Å"in the last years this growth has slowdown† (WEO p. 56), so examining their growth is a good way to study the effects of globalization and the within-country income inequality. Also, we might find other aspects of globalization that are associated with income inequality. In order to test the hypothesis, I collected data to show the economic performance of 32 developing countries in the Latin America and the Caribbean region covering the period of 1996-2013. This data has been collected from reliable sources such as World Economic Outlook (October 2014) released by the International Monetary Funds (IMF) and the World Development Indicators (WDI) report from World Bank (WB). This data contains the dependent variables and the expansionary variable along with other supplemental data. Moreover, to accomplish the objective of this paper; providing some evidences on the effects of globalization on income inequality within developing countries I will be using the following data table: (i) the Real Gross Domestic Product (GDP) table, which shows the annual percentage economic performance for the selected developing countries, (ii) the Trade table, which shows the sum of exports and imports percentage in terms of GDP percentage, this reflects the integration of the countries in the global economy. (iii) the Exports of good and services table, since exports is a component of trade and GDP, it shows the effects of trade on GDP because if exports is positive, then GDP increases, (iv) Gini Index, which is the standard measure for income inequality. Relationship between the variables Considering the effects of globalization on the income inequality within a country, we have trade as the variable for globalization and â€Å"the amount of income inequality within a country is generally measured by using the Gini Index. The Gini Index ranges from 0 to 100, where a value of 0 indicates that everyone has the same income (that is, perfect inequality) and a value of 100 indicates that all the income is earned by one individual (that is, maximum inequality)† (p. 564). However, since most of these countries economy depends on trade, as we can see on the Trade (% GDP) table (high percentage means they import more than what they export/produce) to simplify the relationship between globalization and income inequality, I will using the Export of goods and services, which is one of the components of trade. So, using the data of Exports (% GDP) as the expansionary variable and Gini index as the dependent, we can see for the selected countries that have experience decreas e in Exports shares, can be associated with a decrease of income inequality. For example, in countries such as Colombia, Dominican Republic, El Salvador, Paraguay and Peru after 2006 their exports have gone through a period of highs and lows along the same range and inequality has moved accordinly to the change in exports, but most of the time its been going down. Although inequality has gone in most of the selected countries, in cases such as Costa Rica and Panama, theres been period where Exports goes increase and the Gini index still goes down. This shows that the impact of Exports (trade) on income inequality is not significant as expected and that there might be other components of globalization affecting income inequality. Conclusion In conclusion, the evidences show that there is positive relationship between trade liberalization and the income distribution within developing countries in the Latin America and the Caribbean; As Exports (trade) increases/ decreases the level of income inequality, according to the Gini Index, increases/ decreases. However, we found that there is not a significant change on income inequality when Exports changes. Discussion Moreover, this finding provides an exploratory support to other hypotheses that other components of globalization might have a greater impact on within- country income inequality. â€Å"Other factors that drive income inequality are the importance of technology in virtually all sectors of the global economy, and the advances in information and communication technology (ICT) that helped make globalization possible.† (J.D.K. Chap. 14 p. 564). Source: World Economic Outlook (IFM p.189) https://www.imf.org/external/pubs/ft/weo/2014/02/pdf/text.pdf Trade (% of GDP) Country Average20062007200820092010201120122013 (1996- 2005) Antigua and Barbuda37.6 119.7117.4116.3 105.1106.0104.897.8 Argentina 25.2 36.2 36.2 36.7 30.6 32.5 33.9 29.9 29.3 Bahamas, The 102.3 100.1 100.7 100.0 87.5 90.2 101.0 107.7 Barbados 88.8 94.4 94.4 99.6 86.0 96.9 93.0 96.8 Belize 115.2 122.8 122.3 131.9 107.7 115.6 124.3 Bolivia 51.4 74.5 76.1 82.9 68.6 75.5 82.5 85.1 Brazil 22.4 25.8 25.2 27.1 22.1 22.8 24.5 26.6 27.6 Chile 61.0 71.9 75.8 81.0 66.8 69.8 72.9 68.4 65.5 Colombia 35.1 38.2 36.3 38.1 34.3 33.7 38.7 38.2 37.4 Costa Rica 92.6 104.4 102.2 100.6 84.0 79.1 79.2 78.7 73.9 Dominica 101.7 89.8 93.1 99.4 87.3 90.9 86.9 88.6 Dominican Rep. 77.5 68.0 66.7 64.7 52.5 57.2 60.4 59.1 57.6 Ecuador 49.5 59.7 62.6 68.1 52.1 62.1 66.0 64.0 63.6 El Salvador 65.8 71.8 74.2 76.6 61.9 68.8 74.6 69.7 72.2 Grenada 99.5 80.1 82.4 77.7 69.4 70.9 74.0 73.3 Guatemala 55.9 66.8 67.9 64.1 57.1 62.1 64.0 61.0 58.6 Guyana 203.2 Haiti 47.8 59.5 52.2 56.9 56.7 73.7 67.6 61.4 Honduras 114.3 133.1 135.1 135.7 96.9 109.4 122.2 120.6 117.5 Jamaica 90.0 100.8 101.3 113.6 86.9 80.9 83.9 83.4 Mexico 51.3 56.4 57.1 58.1 56.0 60.9 63.7 66.4 64.2 Nicaragua 60.4 76.8 82.6 87.8 77.9 85.5 95.8 101.0 92.9 Panama 144.5 146.2 145.4 149.0 138.7 139.7 158.3 154.8 137.7 Paraguay 93.6 107.8 103.5 103.5 96.3 106.6 102.7 99.9 92.7 Peru 36.6 51.1 53.9 56.6 46.4 50.0 55.2 51.7 48.4 St. Kitts and Nevis 103.2 88.4 83.6 86.6 72.9 77.2 74.6 80.3 St. Lucia 116.1 112.7 105.1 114.5 101.0 113.0 106.7 103.6 St. Vincent and the Grenadines 103.4 88.0 89.8 92.2 86.0 84.0 84.6 85.7 Suriname 66.3 Trinidad and Tobago 99.2 118.7 102.3 107.1 90.9 92.4 151.0 Uruguay 43.1 62.0 59.2 65.2 55.3 53.4 54.0 55.8 Venezuela, RB 49.9 58.7 56.2 51.8 38.5 46.1 49.6 50.4 Source: World Development Indicators. http://databank.worldbank.org/data/views/reports/tableview.aspx?t=tableviewsavedlg=1 Exports of good and services (% of GDP) Country Average20062007200820092010201120122013 (1996- 2005) Antigua and Barbuda 65.0 48.0 45.1 46.4 46.6 46.1 47.6 46.3 Argentina 14.0 20.4 19.8 19.9 17.4 17.5 17.8 15.8 14.5 Bahamas, The 43.2 44.7 46.7 46.0 39.9 40.9 43.6 44.8 Barbados 42.3 44.9 45.3 46.0 41.5 46.3 39.3 42.5 Belize 52.5 61.1 61.1 62.3 51.6 58.2 61.2 Bolivia23.2 41.8 41.8 44.9 35.7 41.2 44.1 47.3 Brazil 11.3 14.4 13.4 13.7 11.0 10.9 11.9 12.6 12.6 Chile 31.2 42.4 43.8 41.5 37.2 38.1 38.0 34.2 32.6 Colombia* 16.0 17.6 16.5 17.8 16.0 15.9 18.7 18.3 17.7 Costa Rica** 45.3 49.1 48.7 45.4 42.3 38.2 37.2 37.2 35.1 Dominica 44.9 37.8 35.8 35.9 32.4 35.7 33.8 38.8 Dominican Rep.* 36.2 30.0 28.8 25.5 22.2 23.0 25.0 25.1 26.0 Ecuador* 24.0 30.3 31.9 34.2 25.2 28.7 31.5 30.9 30.5 El Salvador* 25.6 25.7 25.9 26.9 23.2 25.9 28.0 25.6 26.4 Grenada 39.1 23.0 24.9 23.0 22.6 21.8 23.7 24.1 Guatemala 22.5 24.9 25.6 24.7 24.0 25.8 26.6 24.9 23.7 Guyana 94.9 Haiti 12.6 14.5 13.2 12.7 14.1 12.1 13.4 13.3 Honduras 51.0 56.1 53.5 51.3 39.5 45.8 51.3 50.4 47.9 Jamaica 37.5 40.1 39.7 41.9 34.5 31.3 30.4 30.4 Mexico 25.4 27.6 27.7 27.9 27.3 29.9 31.2 32.631.7 Nicaragua 20.0 27.0 29.0 31.3 30.9 35.9 40.1 43.0 40.5 Panama** 73.9 76.7 76.1 78.7 75.5 70.6 79.3 79.8 71.0 Paraguay* 51.6 58.7 56.7 54.0 51.5 55.1 52.6 51.3 49.7 Peru* 17.5 30.2 30.5 28.4 25.2 26.6 29.7 26.6 23.7 St. Kitts and Nevis 42.2 37.4 33.7 31.3 23.9 28.8 31.3 34.3 St. Lucia 53.7 43.2 39.9 45.3 46.1 50.2 43.2 44.7 St. Vincent and the Grenadines 43.8 34.7 31.0 30.2 28.5 26.9 27.5 27.6 Suriname 24.5 †¦ Trinidad and Tobago 54.3 81.4 65.2 71.4 52.3 58.9 88.1 Uruguay21.3 30.3 29.1 30.2 28.0 27.2 26.8 26.2 Venezuela, RB 30.2 36.5 31.1 30.8 18.1 28.5 29.9 26.2 Source: World Development Indicators. http://databank.worldbank.org/data/views/reports/tableview.aspx?t=tableviewsavedlg=1 Change in Income Inequality is the Selected Countries http://databank.worldbank.org/data/views/reports/chart.aspx# Works Cited Frieden, Jeffry, and Lake, David, and Kenneth Schultz. Chapter Ten-â€Å"Development: Causes of the Wealth and Poverty of Nations†, World Politics: Interests, Interactions, Institutions. 2nd Ed. New York: W. W. Norton, 2012. p. 386-418. Print . Chapter Fourteen-â€Å"The Future of International Politics†, World Politics: Interests, Interactions, Institutions. 2nd Ed. New York: W. W. Norton, 2012. p. 534- 577. Print IMF (International Monetary Fund). World Economic Outlook. Washington, DC. 2014. https://www.imf.org/external/pubs/ft/weo/2014/02/pdf/text.pdf IMF (International Monetary Fund). Chapter Four: Globalization and Inequality. World Economic Outlook. Washington, DC. 2007. http://www.imf.org/external/pubs/ft/weo/2007/02/pdf/c4.pdf World Bank (WB). World Development Indicators. Trade (% of GDP) http://databank.worldbank.org/data/views/reports/tableview.aspx?t=tableviewsavedlg=1 World Bank. World Development Indicators. Exports of goods and services (% of GDP) http://databank.worldbank.org/data/views/reports/tableview.aspx?t=tableviewsavedlg=1 World Bank. World Development Indicators. Gini Index. Created 12/12/2014 http://databank.worldbank.org/data/views/reports/chart.aspx#

Chapter hw – law

P may recover, as this Is a breach of the contract. P, in agreeing to accept the pension, forfeited his rights to take another Job In the Industry. This is a legal detriment to P, the promise – one which did not exist prior to the formation of the contract. B- This is not enforceable. This is an example of past consideration, which is not consideration. P had already rendered the service at the time the company's promise was made. In other words, the service was not induced by or given in exchange of the promise.If the promise were in writing and acknowledged the past inconsideration, however, this contract would be enforceable. 3) This Is an example of payment on liquidated debt. Because D assumed a new legal detriment – that is, he would not only pay the originally-agreed upon $50,000, but also pay 9% interest on top of that amount – C is legally bound on his promise. 4) No, the debt is not discharged, as this is a matured liquidated debt and is only satisfied when the debtor completes his/her entire obligation – full payment.In addition, as NY GOLD 5-1103 states, a signature endorsing a check Is not legally sufficient for accepting a lesser amount to satisfy an existing debt. In other words, there must be accompanying documentation with the promise signature, indicating the acceptance of a lesser amount to satisfy the debt. 5) S may not recover here, as there exists accord and satisfaction in a disputed form of liquidated debt. In this particular instance, accord and satisfaction occurs when B sends a check for a Boniface disputed amount, based on the expert opinion that the refrigerators were damaged upon shipment.The acceptance and cashing of the check by S discharged the remaining debt by cashing the check. If S had indicated, under protest† or â€Å"without prejudice† when endorsing the check, he would have prevented accord and satisfaction from occurring, per New Work's interpretation of USC 1-207. 6) s may not recover. Because s signed a note, walling the additional SSL ,oho that was owed in the contract, he released B from his requirement to pay the full amount of the order. This satisfies the requirement put into effect by NY GOLD 5-1103. ) a- Barry Is entitled to the dilation $350, as Ann, the promise, did not incur a legal detriment by paying a lesser amount and Barry, the promise, did not obtain a legal benefit. Ann was under a pre-existing legal duty to pay the full amount of the debt, which is liquidated and undisputed. B- If Barry had provided Ann a signed receipt, then, yes, under NY GOLD 5-1103, the remaining debt would be considered discharged, even though there exists no consideration for the promise. ) This Is a case of unlimited debt, In which the payment amount Is In question accept a lesser amount, $7,000 ($6,000, plus the $1,000 on the promissory note), to settle the claim serves as valid consideration. If Barbara had indicated, â€Å"under protest† or â€Å"witho ut prejudice† when endorsing the check, he would have prevented cord and satisfaction from occurring, per New Work's interpretation of USC 1-207. 10) a- C will recover nothing here.By re-negotiating the payment terms, there is a new set of consideration at play, as D obtains a new legal detriment of needing to give his stamp collection, along with the new (stated) dollar amount – something which D did not have to include with his payment beforehand. B- C will recover the full $1,000 in this case, as the original $10,000 debt amount is liquidated and past due. Additionally, D did not incur a new legal detriment in paying a lesser amount, nor did C gain a new legal benefit. If C agreed in a signed writing to discharge the debt, then, yes, under NY GOLD 5-1103, the debt would be considered paid off. 12) a- C is only entitled to the $50,000 sum. The promise, O, does not obtain a new legal benefit, and the promise does not incur a new legal detriment. In fact, C was bound by a pre-existing duty to complete the Job for a total of $50,000, which he received. B- According to NY GOLD 5-1103, this would be considered a written agreement (substituted contract), which is valid. As a result, C would be entitled to the full $55,000 amount, even though there does not exist any new consideration.

How Did the Events of the Indian Mutiny Change?

The events of the Indian mutiny; in particular the Enfield rifle cartridges, the murder of Christians, the shootings in Cawnpore and the massacre in Lucknow, vastly changed the presence of British in India. The British realised that they could not run a country through a company with no acknowledgement and respect for culture. After the mutiny, the East India Company no longer ruled India – The queen did. The British prime minister chose a secretary of state for India. This change gave the people of India someone to look up to and respect rather than a company ruling and making decisions for their own financial gain.Towns and cities were ‘littered with her statues'. The legislative council also included some Indian representation, signifying the start of participation of Indian people in British Government. This meant that the Indians felt as though they had a say in the running of their country. The end of the mutiny also indicated the beginning of a new attitude toward s Indian culture where the British no longer interfered. In particular, the British no longer attempted to stop the traditional practices and laws surrounding widows. The British also came to respect Indian princes and other respected people in positions of authority over others.This was shown through their participation in the Legislative council. The British felt that Princes and landowners had a crucial role in maintaining positive relationships between themselves and Indian peasantry, so they were guaranteed property and some were given rewards for their loyalty. However, the fading relationship between the working peasants and their landowners, meant that the policy was not as successful as expected, in a long term view. The continued superior attitude of the British meant that the still viewed the Indians as a substandard people.They believed that they ‘didn't know a good thing when they saw it'. The British continued to have complete financial and political control. Alt hough more attainable, still enforced a uniformed revenue tax of 10% and introduced paper currency through the country. This then ended majority of barter trade. The British presence in India changed immensely after the mutiny. It changed on many levels affecting the people in social, cultural, financial, political and occupational aspects of their lives due to the changing nature of the company.

Bonuses can backfire Essay Essay Example

Bonuses can backfire Essay Essay Example Bonuses can backfire Essay Essay Bonuses can backfire Essay Essay 1. Yes. I may utilize fillips on a regular basis if I become a director. Because it is obvious that people will be motivated by fillips. Although wage is non a cardinal factor driving occupation satisfaction. fillips will maintain employee’s satisfaction degree up in the most of clip. Work environment will be improved when rewarded. which will do the employee better their occupation public presentation and efficiency. Reward may be back fire but it will actuate the employees work in the positive gait. As a director. fillips is a good manner to actuate the employees. in order to do more net incomes. 2. There was a tough clip in my in-between school. Before the concluding test. my female parent told me that if I get the better grade in the concluding test. he would honor me a trip to Japan. Due to this wages. I focused on the survey twenty-four hours and dark. I kept the perusal till the midnight. The bad thing happened was that I got a sudden unwellness. I had a high febrility enduring three hebdomads and had to hold an operation. I non merely missed the concluding test but besides stay in the infirmary over three month. The physician told me that the sudden unwellness was the consequence of the heavy force per unit area. This end led me offer myself excessively heavy emphasis therefore I engaged in unproductive behaviour which was I kept myself in the anomalous day-to-day agenda. 3. No. I think that supplying group fillips alternatively of single fillips would be less effectual. Although supplying group fillips will lend to the group spirit. supplying single fillips is just. Supplying single fillips is based on the individual’s public presentation. every individual employee will execute better in the work. While supplying group fillips. there will be person make-believe to work and non seek him best to work. And the most industrious squad member will dissatisfaction with the rewarding. it is non just to the squad star. Therefore. supplying single fillips would be more effectual. 4. I would plan a wages plan refering the intrinsic involvement of employee and avoiding the negative behaviour. First. there will be a intrinsic wagess to allow the employee acknowledge the plans and non lose the involvement of the undertaking. Second. the wages is based on the variable-pay plans. And in the company we will heighten the function and subject of the endeavor. the employee may avoid the unproductive behaviour. It is of import to plan a plan.

3 Expert Tips for Tackling the UVA Essay Prompts

3 Expert Tips for Tackling the UVA Essay Prompts SAT / ACT Prep Online Guides and Tips Founded in 1819 by Thomas Jefferson, the University of Virginia boasts impressive academics, competitive sports team, and a long list of notable alumni. Though over 20,000 students attend UVA, the school has an admissions rate of just 30% - meaning you’ll have to work hard if you want to be a Cavalier. One of the best ways to boost your chances of admissions is by writing great UVA essays as part of your application. In this article, we’ll break down what the UVA essay prompts are and how you can write responses to each prompt that will make you stand out. What Are the UVA Supplemental Essay Prompts? In order to apply to UVA, you’ll submit either the Common or Coalition Application. No matter which option you choose, you’ll have to complete the UVA supplement, which includes two essays. Neither of the UVA essays has a hard word count, though the instructions recommend that you write around half a page, or 250 words. For the first UVA supplement essay, you’re required to write a response based on the school within UVA that you’re applying to. For the second UVA supplement essay, you get to choose the topic that resonates most with you. UVA Essay Prompts Here are the UVA essay prompts for 2018-19: Prompt #1 We are looking for passionate students to join our diverse community of scholars, researchers, and artists. Answer the question that corresponds to the school/program to which you are applying in a half page or roughly 250 words. College of Arts and Sciences - What work of art, music, science, mathematics, or literature has surprised, unsettled, or challenged you, and in what way? School of Engineering and Applied Sciences - If you were given funding for a small engineering project that would make everyday life better for one friend or family member, what would you design? School of Architecture - Describe an instance or place where you have been inspired by architecture or design. School of Nursing - School of Nursing applicants may have experience shadowing, volunteering, or working in a health care environment. Tell us about a healthcare-related experience or another significant interaction that deepened your interest in studying Nursing. Kinesiology Program - Discuss experiences that led you to choose the kinesiology major. Prompt #2 Answer one of the following questions in a half page or roughly 250 words. What’s your favorite word and why? We are a community with quirks, both in language and in traditions. Describe one of your quirks and why it is part of who you are. Student self-governance, which encourages student investment and initiative, is a hallmark of the UVA culture. In her fourth year at UVA, Laura Nelson was inspired to create Flash Seminars, one-time classes which facilitate high-energy discussion about thought-provoking topics outside of traditional coursework. If you created a Flash Seminar, what idea would you explore and why? UVA students paint messages on Beta Bridge when they want to share information with our community. What would you paint on Beta Bridge and why is this your message? UVA students are charged with pushing the boundaries of knowledge to serve others and contribute to the common good. Give us an example of how you’ve used what you’ve learned to make a positive impact in another person’s life. UVA Essays, Analyzed Looking for advice on how to write amazing UVA essays? Let’s break down how to answer each prompt. UVA Prompt #1 The instructions are the same for all of the first UVA essays: "We are looking for passionate students to join our diverse community of scholars, researchers, and artists. Answer the question that corresponds to the school/program to which you are applying in a half page or roughly 250 words." Let’s look at how to answer each one. College of Arts and Sciences - What work of art, music, science, mathematics, or literature has surprised, unsettled, or challenged you, and in what way? This prompt gives you an opportunity to examine many different fields. The key is to pick something you’re passionate about. Passion doesn’t always have to be a good thing. You may be passionate about why Pride Prejudice is the worst book ever written. This essay asks about something that has surprised, unsettled, or challenged you - you don’t need to pick your favorites here. Consider picking something that has reframed your perception of the world. Have you read a book that opened your eyes to another culture? Has some fact of science truly blown your mind? Go with something that has shifted how you view and conceptualize the world. Again, it doesn’t have to be in a good way. School of Engineering and Applied Sciences - If you were given funding for a small engineering project that would make everyday life better for one friend or family member, what would you design? This prompt allows you to think out of the box! In order to ace this essay, go small (it says so in the prompt) and personal. You don’t need to dream up a cure for cancer or a new way to bring water to the developing countries. Think about a challenge that faces the ones you love every day - you should pick something that feels real and honest. Don’t try to impress with size and scale here. Instead, make a small, meaningful impact. If you’re able to describe how your project really makes a change, it will be more memorable in the eyes of the admissions committee. School of Architecture - Describe an instance or place where you have been inspired by architecture or design. Inspiration comes in many forms - what’s important for this prompt is to think about what has inspired you, not the masses. In other words, don’t feel like you need to pick the Empire State Building if you weren’t actually inspired by that work. Pick something that was meaningful to you and expand on why it impacted you. You could even pick a small home - something that encouraged you to think of building dwellings that are important for families. Whatever you choose, you should be sincere about your inspiration. Anything that sounds trite will be really obvious to the admissions committee. They’ll read thousands of applications about wanting to make the tallest building in the world - make yours sound different. School of Nursing - School of Nursing applicants may have experience shadowing, volunteering, or working in a health care environment. Tell us about a healthcare-related experience or another significant interaction that deepened your interest in studying Nursing Don’t feel like you need to highlight a huge moment here - rather, focus on something that’s significant to you even if that experience was small! The key to this prompt is to make sure that you’re highlighting something real that happened to you or someone important to you. The more personal you can make the experience, the better. Saying something like â€Å"I want to solve cancer for everyone† is less impactful than saying that you have seen firsthand how cancer affected your grandmother. Nursing is a personal profession - lean into that for this essay. Kinesiology Program - Discuss experiences that led you to choose the kinesiology major. For this prompt, focus on one or two experiences and discuss them in detail. Don’t give an entire overview of your history - describing something more fully will resonate more than trying to cram a lot of experiences into a relatively short essay. Be honest about what drove you to kinesiology - don’t write what you think the admissions committee wants to hear. Write what’s true for you. UVA Prompt #2: The instructions are the same for all of the second round of UVA prompts: "Answer one of the following questions in a half page or roughly 250 words." You only need to pick one of these questions to answer. What’s your favorite word and why? With a prompt like this, it can be tempting to want to impress the admissions committee with your knowledge of esoteric vocabulary. Don’t go that route, unless you have a true connection to a strange, rarely used word. Pick a word that’s meaningful to you - something that’s very specific to you. The key here isn’t to pick the most interesting word, it’s to have the most meaningful and memorable experience to back it up. If â€Å"family† is really important to you, you need to have a good reason - simply saying you love your parents isn’t enough. Focus on the â€Å"why† rather than the word and you’ll be on the right track. We are a community with quirks, both in language and in traditions. Describe one of your quirks and why it is part of who you are. This prompt offers you a chance to show off a side of yourself that the rest of your application doesn’t highlight. Take advantage of it! Do you have a passion for collecting Minnie Mouse figurines? Do you have to run four miles every single morning? Do you stop everything you’re doing whenever the Red Sox are playing? Do your parents always make fun of you for pronouncing a word strangely? Whatever your quirk is, now’s the time to celebrate it! Write freely and without embarrassment - a quirk is a quirk! It’s not supposed to seem normal. The admissions committee won’t judge you for your quirk. They want to learn the interesting parts about your personality. Student self-governance, which encourages student investment and initiative, is a hallmark of the UVA culture. In her fourth year at UVA, Laura Nelson was inspired to create Flash Seminars, one-time classes which facilitate high-energy discussion about thought-provoking topics outside of traditional coursework. If you created a Flash Seminar, what idea would you explore and why? The topic you choose doesn’t have to be high-brow or exceedingly academic - rather, you need to pick a topic that’ll inspire thought-provoking conversations. If that conversation is, â€Å"What does Kim Kardashian say about the future of advertising?† that’s fine! As long as the topic is important to you. As with the other prompts, the word â€Å"why† is the most important of this prompt. You need to have a strong reason for wanting to explore this topic. If you want to talk about Kim Kardashian, that’s cool - as long as you can indicate why this is a topic worthy of discussion. UVA students paint messages on Beta Bridge when they want to share information with our community. What would you paint on Beta Bridge and why is this your message? As with the other prompts, the â€Å"why† is the most important part of this question. Whatever message you land on, make sure you have a good reason for it. Avoid trite or cliched phrases, like â€Å"Be the change you wish to see in the world.† The admissions committee will have seen thousands of these - and those words are probably already written on Beta Bridge. What do you have to say? What message is personal to you? What lesson have you learned that you specifically can communicate? UVA students are charged with pushing the boundaries of knowledge to serve others and contribute to the common good. Give us an example of how you’ve used what you’ve learned to make a positive impact in another person’s life. First and foremost: don’t make something up here. Don’t say that you spent months devoted to helping a family whose father was suffering from cancer if that’s just not true. While this prompt does encourage you to share how you’ve served people, it’s not a contest. You don’t have to have the grandest and most impressive example of selflessness that the committee’s ever read. What you do need to have is sincerity - talk about how you helped someone and why that experience was so impactful. Explain what led you to help and reflect on how UVA might inspire similar feelings of service in you. How to Write UVA Essays Here are some general tips for how to write UVA essays that will wow the committee. #1: Be You Your UVA supplement essay is a chance to show the admissions committee who you are. Take that opportunity to flesh yourself out. You’re not simply a collection of A’s and B’s printed on a transcript. You’re a real person! Show that in your UVA essays. #2: Feedback Is Cool; Plagiarism Is Not It can be tempting to bounce essay ideas off your peers, parents, and teachers. That’s fine! But don’t rely on them too heavily. Your work should be your own - from the ideas to the execution. There’s a fine line between receiving helpful feedback and using that feedback in a way that misrepresents your work and ability. Seek out help, but know that you have the first and final say. #3: Play With Form Your UVA essays don't have to follow the traditional five paragraph structure. UVA encourages you to play with form. That means you can submit a poem, if you want! Take advantage of the freedom from structure to write in a way that feels authentic to you. If that means starting every sentence with the letter â€Å"E†, then go for it! As long as your work is well-written and engaging, the form doesn’t matter. What’s Next? There are over 5,000 colleges in the United States- how can you possibly decide which to apply to? Using a college finder tool can help you sort through your options and find your ideal school without having to tour every single campus. Once you've decided on some colleges or universities that you're interested in attending, our guide will help you narrow down your list to safeties, matches, and reach school. Still not sure what you're looking for in a college?Read our articles on whether you should go to a school close to home and whether you should attend a large or small college. Want to write the perfect college application essay? Get professional help from PrepScholar. Your dedicated PrepScholar Admissions counselor will craft your perfect college essay, from the ground up. We'll learn your background and interests, brainstorm essay topics, and walk you through the essay drafting process, step-by-step. At the end, you'll have a unique essay that you'll proudly submit to your top choice colleges. Don't leave your college application to chance. Find out more about PrepScholar Admissions now:

William Gilpin, On Picturesque Beauty Essay Example | Topics and Well Written Essays - 750 words

William Gilpin, On Picturesque Beauty - Essay Example In his essay Gilpin demonstrates that the ;picturesque can both be the objective of the travels (though it may not be the only objective as per rational reasons) and it will be the sole source of amusement. Gilpin introduces the idea that the philosophy of creation and appreciation of beauty cannot be done in isolation from the sublime. The quality of greatness that is sublime, whether it occurs in a physical, metaphysical, spiritual or artistic form cannot be considered picturesque if exists without a certain degree of beauty. An apt example given is that of a vast ocean which is sublime in its power but without any other object or point of reference to increase the overall beauty of the scenery it depicts it will not be considered picturesque and thus, will not provide any great source of pleasure for the viewer. The objective of the picturesque travel is to seek out such a combination of form, composition, color and atmosphere which comes together as the perfect aesthetic blend of sublime and beauty. Andin the case of nature, the seeker is fortunate as there are innumerous examples and varieties of objects to be found which together create picturesque forms of scenery. â€Å"They are varied, a second time,  combination; and almost as much, a third time, by different  lights,  and shades, and other aerial effects. Sometimes we find among them the exhibition of a  whole; but oftener we find only beautiful  parts.† (Giplin) Animals, humans and the great ruins which form the landscape for the traveler can all be a part of the picturesque. But again it is their form and the overall scene the depict that is of concern in this kind of study- though with all these elements to consider those who have a love of the picturesque can a find great variety to amuse themselves with even in just the pure nature. According to the author, there is more beauty to be found in the usual occurrences than the unusual. He describes

The Powers and Responsibilities of the Greater London Authority Essay

The Powers and Responsibilities of the Greater London Authority - Essay Example Hence, the power set-up for GLA was kept restricted. However, after a span of six years, the GLA strived for success through the incorporation of a model of ‘strong Mayor’. In the present scenario, the GLA is defined as that form of the government in which powers and responsibilities are bestowed through the Mayor and Assembly with the aim of addressing the challenges that are being faced by London. The various areas in which the GLA is held responsible are inclusive of transportation, policing, fire and salvage, growth and development and lastly strategic planning. The responsibilities of the GLA are not accounted for direct service provision but it operates with the help of functional bodies embedded under the scope of the GLA (London First, 2011). For dealing with transportation, the functional body Transport for London is held responsible. This body is bestowed with the responsibility of managing the system of transportation within the city of London. ... Â  Along with these historical powers and responsibilities of the GLA, on November 30th, 2005, additional powers were proposed to be incorporated under the GLA. The review for the GLA powers and responsibilities gave rise to the inclusion of additional powers and responsibilities which included managing waste, housing, planning and learning along with skills (Office of the Deputy Prime Minister: London, 2005). 2. Literature Review Summarizing the Environmental Policies of the Mayor Johnson (2010) provided a positive feedback towards the decision that Mr. Boris Johnson (the Mayor) considered regarding the environmental issues but at the same time had also criticized the process through which the Mayor aimed to achieve his environmental goals. As per the policies of the Mayor, the target is to achieve 60% reduction in the city’s emission of CO2 by the year 2025. The Mayor stated estimation that 60 billion pounds would be required to be invested for attaining the targeted reduct ion in CO2 emission. However, the Mayor also intimated that he expects spending from the government in this regards up to an amount of 800 million pounds for introducing vehicles emitting low carbon by the year 2018. As regards to the expectations of the Mayor, the author estimated that the government would have to spend 193 million pounds by the year 2015 (Johnson, 2010). The policy of the Mayor was appreciated by the author on the grounds that it would generate contributions for the city in the form of job enhancement, security in terms of energy supply, reduction of fuel inefficiency and also improvement of the public’s health.