Strategies For A Financial Goal Without Any Defined Action...

A financial goal without any defined action plan is just a wish or may be day-dream. Therefore, the next step is to devise possible strategies that will help you to achieve the set financial goals. These strategies or action plan could be self-change, acquisition of additional knowledge and skills, and cooperating with people and institutions whose support you will need to achieve your goals. Just as there are more than one ways to get from your house to a remote city, there is also more than one route you can take to achieve financial goals too. Additionally, you should note that one financial goal may impact another goal. For example, the goal for higher education may reduce the available cash for savings and investment. For financial planning purpose, action plan can be grouped into 3 categories: †¢ Increase your means – anything that could increase your earnings †¢ Stay within your mean – discipline with your spending habit †¢ Saving and investing in the right products and on time. Using Isatou in our case study, she may consider the followings action plans: †¢ Increase her monthly savings amount to 20% or 25% of net income. †¢ Move some funds from her savings account to a high yield bond or money market investments such as treasury bills. These products pay higher returns than bank savings account. †¢ She could sell off her car and invest the proceeds. †¢ Consider additional sources of income to increase her means. Be creative, but if you have no ideas, then read over 40Show MoreRelatedBaldridge680 Words   |  3 Pagesplanning is applicable for any type of business entity or organization. However, people tend to think that it is only meant for large businesses. Strategic planning matches the strengths of an organization to open opportunities. In order to be effective, an organization needs to collect, screen, and analyze information about its environment. The organization also needs to have a clear understanding of its strengths and weaknesses and develop a clear mission, goals, and objectives (WikipediaRead Morebusiness plan1299 Words   |  6 Pagesï » ¿The Business plan LOTUS Sun-Block Cream The Business plan could take hundreds of hours to prepare, depending on the experience and knowledge of the entrepreneur as well as the purpose it is intended to serve m It should be comprehensive enough to give any potential investor a complete picture and understanding of the new venture and will help the entrepreneur clarify his or her thinking about the business. 1. Introductory Page: 2. Executive Summary 3. 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My implementation plan will include some important factors such as: Objectives, Functional Statics, Action Items, Milestones and Deadlines, Task and Task Ownership, Resource AllocationRead MoreOriental Restaurant Plans Entering The Restaurant Business1485 Words   |  6 PagesImplementation Plan: Oriental Restaurant plans entering the restaurant business by September, 2015. As owner, I will create an implementation plan for our business to follow. The implementation plan will clearly define all tasks and actions of the business which make my restaurant achieve the short-term objectives. My implementation plan will include some important factors such as: Objectives, Functional Statics, Action Items, Milestones and Deadlines, Task and Task Ownership, Resource AllocationRead MorePlanning and Control1461 Words   |  6 PagesTable Of Content 1. Introduction Planning 3 2. Planning 3 2.1 Goals 3 2.2 Plans 4 2.2.1 The Planning Process 5 3. Controlling the Management Process 6 3.1 Steps in Control 6 3.2 Areas of Control 7 3.3 Characteristics of Control 7 4. Conclusion 8 Reference 1. Introduction Of the four fundamental tasks of management I have chosen to discuss the first and forth steps of management which are Planning and Controlling the managementRead MoreBusiness Law1579 Words   |  7 Pages1. Identify the ethical, strategic, operational, and financial issues in this scenario and list them in priority order from most to least critical. As a global healthcare organization, our goal has always been to promote quality of care and optimal health to people around the world. We have a firm commitment to serve diverse communities with products and services that reflect the latest trends in innovation and the highest quality at reasonable prices to match consumer expectations and needs. We

Abraham Lincoln Reputation Essay Example For Students

Abraham Lincoln: Reputation Essay Character is a like a tree and reputation like its shadow. The shadow is what we think of it the tree is the real thing, Abraham Lincoln. Reputation is a huge part of our day to day lives as human beings. A persons reputation is the profile others have of that person pieced together from information they have received about the persons behaviours. Reputation is equally as important now as it has been throughout all human history. However the concept has changed significantly as now it has many different dimensions, it is more flexible yet it is inescapable due to social media. Fundamentally though our reputation still determines the way our lives turn out and who we become the same as it did for all of human existence. In todays society a persons reputation has many different aspects. In past centuries how a person was respected was completely based on whether they abided by the strict moral codes and fitted the stereotypes of society. The close knit communities meant all aspects of their reputation were viewed together. Now however due to our wider communities and social circles different parts of who we are possess different importance depending on the nature of the relationship. Our larger communities also mean that everyone only knows particular aspects of who we are, and professional life can be separate from personal life. These days different aspects of reputation possess different importance for different parts of our lives, however generally society puts more emphasis on professional reputation as in the large world we live in this is the main way we can be recognised. As there is not such a strict stereotype we must abide by our reputations are more flexible. We have developed a culture that acknowledges people make mistakes, and learn from them this means there is less secrecy and more acceptance. An example is Judith Collins, who got pregnant as a teenager, was on the benefit and in previous centuries would have been turned her back on, but nowadays even with her past reputation is now a minister in parliament. The different aspects and in a sense deposable state of our reputation means it is more flexible though it still defines us in the same way it did centuries ago. If anything the different aspects give us more power to create a positive reputation, giving the whole concept more weight. On the contrary while reputation has gained has become more flexible it has also become much more fragile. Social media and worldwide communication has meant when a person gains a reputation it is impossible to escape it. In past times by leaving a town a person could escape what they had done and what they were known for. Yet now everything a person has done is stored or documented for the world to access. What people do when they are a teenager, they can be judged on for the rest of their lives. This is a very concerning concept especially considering that as a teenager or young adult people want others to think of them very differently than a person does when they are forty. A photo that was once an attempt at popularity could come back and haunt us and limit our opportunities. In a matter of seconds we can add a dimension to peoples picture of us, this gives us power to change our reputation but also the power to blacken it very quickly. Social medias impact on the spreading of our reputation can have fatal consequences. Charlotte Dawson, a famous celebrity television personality is a key example after receiving abuse from the media and on her twitter decided to leave Australia and fled to New Zealand. However her negative publicity meant people already had their minds made up about her. .u937cdee300a93d047e361e910559a5b4 , .u937cdee300a93d047e361e910559a5b4 .postImageUrl , .u937cdee300a93d047e361e910559a5b4 .centered-text-area { min-height: 80px; position: relative; } .u937cdee300a93d047e361e910559a5b4 , .u937cdee300a93d047e361e910559a5b4:hover , .u937cdee300a93d047e361e910559a5b4:visited , .u937cdee300a93d047e361e910559a5b4:active { border:0!important; } .u937cdee300a93d047e361e910559a5b4 .clearfix:after { content: ""; display: table; clear: both; } .u937cdee300a93d047e361e910559a5b4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u937cdee300a93d047e361e910559a5b4:active , .u937cdee300a93d047e361e910559a5b4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u937cdee300a93d047e361e910559a5b4 .centered-text-area { width: 100%; position: relative ; } .u937cdee300a93d047e361e910559a5b4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u937cdee300a93d047e361e910559a5b4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u937cdee300a93d047e361e910559a5b4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u937cdee300a93d047e361e910559a5b4:hover .ctaButton { background-color: #34495E!important; } .u937cdee300a93d047e361e910559a5b4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u937cdee300a93d047e361e910559a5b4 .u937cdee300a93d047e361e910559a5b4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u937cdee300a93d047e361e910559a5b4:after { content: ""; display: block; clear: both; } READ: Another Salem Witch Trials EssayAfter retreating back to Australia and receiving more abuse she eventually killed herself because of the mindset people had formed about her. The interconnected society and social media in place in this day in age means reputation is more fragile and possesses more importance than ever. The impact of losing our reputations is still as damaging as it was fifty years ago. Our reputation determines the opportunities we receive, how people treat us and consequently how we treat and feel about ourselves. By committing acts that damage our reputation we significantly alter what jobs we can receive. For example by getting arrested a person limits where they can work, if they have a dream of becoming a police officer but have been arrested they cannot fulfil this dream. How we feel about ourselves is essentially one of the most important parts of our existence, our self belief and self esteem alone decides whether we will succeed. Other peoples perception of us is probably the biggest deciding factor in how we feel towards ourselves, and this is determined solely on our reputation. In this country particularly in teenagers our reputation among the people we care about means everything to us. Imagine wandering through a school where the only thing anyone sees is slut or freak, it is easy to believe when you dont know who you are yourself. When a person does something that shocks, that dimension of their picture dominates everything else, and it is all people see. An example of this is Rolf Harris, he spent a lifetime building a reputation as a family entertainer but after being accused of molesting children that is all he will be associated with and remembered for whether he is found guilty or not his reputation will be forever tarnished. In past centuries such as the puritan days in early America reputation was a life or death affair, if you didnt have a good name you would be accused of dealing with the devil and hung. Although in this country we cannot be killed due to our reputation it can still ruin our lives, dim our own self respect and in extreme examples even kill us. Reputation is an important part of how we as humans interact, feel and how we define ourselves. Over generations reputation has evolved, has different emphasis on different aspects and is in the hands of social media. However ultimately reputation still possesses the same importance in our lives as it ever has. The same idea still remains that it takes a lifetime to build a reputation and a moment to lose it. The only way to get rid of a reputation is by changing the significance of various aspects by building different pictures in peoples minds, but essentially people dont forget. Reputation is one of the few things that will always possess huge importance in who we are no matter how much our society evolves, we are humans and we will always have a picture built up of other people in our minds. Reputation has and always will be a huge aspect in our lives.

Sparta Essays - Phalanx, Hoplite, Spartan Army, Sparta,

Sparta In the 7th Century BC a new era of warfare strategy evolved. Before this new strategy, foot soldiers (known as hoplites) engaged in battle in the form of one mob for each army which on the command of their generals runs at each other and proceeds to hack blindly at the enemy with little to no direction other then to kill the enemy in front of them. This proved to be very messy and the tide of battle depended mostly on emotion and size of an army. In the name of strategy and organization, the phalanx was developed. A phalanx is simply defined as a line formation with its width significantly larger then its depth. The depth of the phalanx is a variable which some suggest was decided by the army itself rather then by the leaders of the army. The smallest depth appears to have been that of one man deep. However this was a unique occurrence which is widely believed to be fictitious. The largest depth is that of 120 men deep which was fielded at one time by the Macedonians. On average, the depth of the phalanx appears to be about eight men deep. During the time of Alexander the Great, the phalanx was believed to be eight men deep, but some argue that it evolved into a sixteen man deep phalanx. The Spartans purposely varied the depth of their phalanx so to confuse the enemy about the number of soldiers fielded. The phalanx proved to be a very valuable weapon for the military at that time. Armies which did not adapt to the phalanx formation were quickly slaughtered. The use of the phalanx allowed the Greeks to win the Persian Wars. ------------------------------------------------------------------------ Many historians believe that the development of the phalanx led directly to social changes occurring throughout Greece during the time of the phalanx's implementation. The phalanx formation allowed men to participate in the military who otherwise could not have because a much smaller investment in weapons and armor was needed to participate in the phalanx. The combined increase in the number of those participating in the army and the increase in importance of the common foot soldier lead to the common man being increasingly treated better by the ruling classes. Eventually this may have led to the invention of democracy. The most noticeable difference between ancient Greek and modern warfare is the amount of "intelligence" information. Today our military maneuvers are almost exclusively reliant on information we get from satellites, scouts, or spies in the opposition. The ancient Greeks totally ignored this area of military strategy. Countless tales of armies meeting each other by chance or armies passing within miles of each other without knowledge of the other. Intelligence information seemed to have come by chance for the ancient Greeks rather then by conscious effort. ------------------------------------------------------------------------ Surprise is also an element of war which in modern times is taken very seriously and which was taken very lightly in ancient Greece. In fact there is evidence that ancient Greek soldiers raised their voices in the form of a marching song when they were told that an enemy was near and may be caught unprepared. This war song, called a paian, was also used to promote organization in the marching army so that all soldiers would march with an even step. In addition, the paian was used to promote courage and bravery. A paian was also used on ships to announce the nearness of the enemy. When the actual battle was joined the paian turned into a war cry. The Spartans often accompanied the paian with a flute or several flutes. The Spartan King would lead the paian as well. The use of the paian for attack appears to have Dorian roots. The Spartans are usually the ones associated with the use of a paian. Thucydides mentions that when the Dorians, from other city-states, started a paian when they were serving in an Athenian army, fear was struck into the hearts of the Athenians. ------------------------------------------------------------------------ Finally the sizes of the armies were very different from what we are accustomed to today. We are familiar with armies of tens of thousands, hundreds of thousands, or even millions. The

CSS Virginia (USS Merrimack) in the Civil War

CSS Virginia (USS Merrimack) in the Civil War CSS Virginia was the first ironclad warship constructed by the Confederate States Navy during  Civil War (1861-1865). Following the outbreak of the conflict in April 1861, the US Navy found that one of its largest facilities, the Norfolk (Gosport) Navy Yard, was now behind enemy lines. While attempts were made to remove as many ships and as much material as possible, circumstances prevented the yards commander, Commodore Charles Stuart McCauley, from saving everything. As Union forces began to evacuate, the decision was made to burn the yard and destroy the remaining ships. USS Merrimack Among the ships burned or scuttled were the ships-of-the-line USS Pennsylvania (120 guns), USS Delaware (74), and USS Columbus (90), the frigates USS United States (44 ), USS Raritan (50), and USS Columbia (50), as well as several sloops-of-war and smaller vessels. One of the most modern vessels that was lost was the relatively new steam frigate USS Merrimack (40 guns). Commissioned in 1856, Merrimack had served as flagship of the Pacific Squadron for three years before arriving at Norfolk in 1860. Attempts were made to remove Merrimack before the Confederates captured the yard. While Chief Engineer Benjamin F. Isherwood succeeded in getting the frigates boilers lit, efforts had to be abandoned when it was found that the Confederates had blocked the channel between Craney Island and Sewells Point. With no other option remaining, the ship was burned on April 20. Taking possession of the yard, Confederate officials later examined the wreck of Merrimack and found that it had only burned to the waterline and most of its machinery remained intact. Origins With the Union blockade of the Confederacy tightening, Confederate Secretary of the Navy Stephen Mallory began searching for ways in which his small force could challenge the enemy. One avenue that he elected to investigate was the development of ironclad, armored warships. The first of these, the French La Gloire (44) and British HMS Warrior (40 guns), had appeared in the last year and built upon lessons learned with armored floating batteries during the Crimean War (1853-1856). Consulting John M. Brooke, John L. Porter, and William P. Williamson, Mallory began pushing the ironclad program forward but found that the South lacked the industrial capacity to build the needed steam engines in a timely manner. Upon learning this, Williamson suggested using the engines and remains of the former Merrimack. Porter soon submitted revised plans to Mallory that based the new ship around Merrimacks power plant. CSS Virginia - Specifications: Nation: Confederate States of AmericaType: IroncladShipyard: Norfolk (Gosport) Navy YardOrdered: July 11, 1861Completed: March 7, 1862Commissioned: February 17, 1862Fate: Burned, May 11, 1862Displacement: 4,100 tonsLength: 275 ft.Beam: 51 ft.Draft: 21 ft.Speed: 5-6 knotsComplement: 320 menArmament: 2 Ãâ€" 7-in. Brooke rifles, 2 Ãâ€" 6.4-in. Brooke rifles, 6 Ãâ€" 9-in. Dahlgren smoothbores, 2 Ãâ€" 12-pdr howitzers Design Construction Approved on July 11, 1861, work soon began at Norfolk on CSS Virginia under the guidance of Brooke and Porter. Moving from preliminary sketches to advanced plans, both men envisioned the new ship as a casemate ironclad. Workers soon cut down the burned timbers of Merrimack to below the waterline and commenced construction of a new deck and the armored casemate. For protection, Virginias casemate was built of layers of oak and pine to a two-foot thickness before being covered by four inches of iron plate. Brooke and Porter designed the ships casemate to have angled sides to aid in deflecting enemy shot. The ship possessed a mixed armament consisting of two 7-in. Brooke rifles, two 6.4-in. Brooke rifles, six 9-in. Dahlgren smoothbores, as well as two 12-pdr howitzers. While the bulk of the guns were mounted in the ships broadside, the two 7-in. Brooke rifles were mounted on pivots at the bow and stern and could traverse to fire from multiple gun ports. In creating the ship, the designers concluded that its guns would be unable to penetrate the armor of another ironclad. As a result, they had Virginia fitted with a large ram on the bow. Battle of Hampton Roads Work on CSS Virginia progressed in early 1862, and its executive officer, Lieutenant Catesby ap Roger Jones, oversaw fitting out the ship. Though construction was ongoing, Virginia was commissioned on February 17 with Flag Officer Franklin Buchanan in command. Eager to test the new ironclad, Buchanan sailed on March 8 to attack Union warships in Hampton Roads despite the fact that workmen were still on board. The tenders CSS Raleigh (1) and Beaufort (1) accompanied Buchanan. Though a formidable vessel, Virginias size and balky engines made it difficult to maneuver and complete circle required a mile of space and forty-five minutes. Steaming down the Elizabeth River, Virginia found five warships of the North Atlantic Blockading Squadron anchored in Hampton Roads near the protective guns of Fortress Monroe. Joined by three gunboats from the James River Squadron, Buchanan singled out the sloop of war USS Cumberland (24) and charged forward. Though initially unsure what to make of the strange new ship, Union sailors aboard the frigate USS Congress (44) opened fire as Virginia passed. Rapid Success Returning fire, Buchanans guns inflicted significant damage on Congress. Engaging Cumberland, Virginia pounded the wooden ship as the Union shells bounced off its armor. After crossing Cumberlands bow and raking it with fire, Buchanan rammed it in an effort to save gunpowder. Piercing the Union ships side, part of Virginias ram detached as it was withdrawn. With Cumberland sinking, Virginia turned its attention to Congress which had grounded in an attempt to close with the Confederate ironclad. Engaging the frigate from a distance, Buchanan compelled it to strike its colors after an hour of fighting. Ordering his tenders forward to receive the ships surrender, Buchanan was angered when Union troops ashore, not understanding the situation, opened fire. Returning fire from Virginias deck with a carbine, he was wounded in the thigh by a Union bullet. In retaliation, Buchanan ordered Congress be shelled with incendiary hot shot. Catching on fire, Congress burned throughout the rest of the day exploded that night. Pressing his attack, Buchanan attempted to move against the steam frigate USS Minnesota (50), but was unable to inflict any damage as the Union ship fled into shallow water and ran aground. Meeting USS Monitor Withdrawing due to darkness, Virginia had won a stunning victory, but had taken damage amounting to two guns disabled, its ram lost, several armored plates damaged, and its smoke stack riddled. As temporary repairs were made during the night, command devolved to Jones. In Hampton Roads, the situation of the Union fleet improved dramatically that night with the arrival of the new turret ironclad USS Monitor from New York. Taking a defensive position to protect Minnesota and the frigate USS St. Lawrence (44), the ironclad awaited Virginias return. Steaming back to Hampton Roads in the morning, Jones anticipated an easy victory and initially ignored the strange-looking Monitor. Moving to engage, the two ships soon opened the first battle between ironclad warships. Pounding each other for over four hours, neither was able to inflict significant damage on the other. Though the Union ships heavier guns were able to crack Virginias armor, the Confederates scored a hit on their adversarys pilot house temporarily blinding Monitors captain, Lieutenant John L. Worden. Taking command, Lieutenant Samuel D. Greene drew the ship away, leading Jones to believe that he had won. Unable to reach Minnesota, and with his ship damaged, Jones began moving towards Norfolk. At this time, Monitor returned to the fight. Seeing Virginia retreating and with orders to protect Minnesota, Greene elected not to pursue. Later Career Following the Battle of Hampton Roads, Virginia made several attempts to lure Monitor into battle. These failed as the Union ship was under strict orders not to engage as its presence alone ensured that the blockade remained in place. Serving with the James River Squadron, Virginia faced a crisis with Norfolk fell to Union troops on May 10. Due to its deep draft, the ship could not move up the James River to safety. When efforts to lighten the ship failed to significantly reduce its draft, the decision was made to destroy it to prevent capture. Stripped of its guns, Virginia was set on fire off Craney Island early on May 11. The ship exploded when the flames reached its magazines.

Cause and Effect Essay Example Great Depression

Cause and Effect Essay Example Great Depression Cause and effect essays  are popular ways of helping students understand the relationship between various events. They’re extremely popular in history classes, although students are certainly going to encounter them in English and writing classes as well. English and writing classes are often geared towards helping students be better at critical thinking in general, and cause and effect essays can serve as excellent critical thinking exercises in general. Cause and effect essay outline is a five-paragraph essay with an introduction paragraph, three body paragraphs, and a conclusion paragraph. 50 WINNING CAUSE AND EFFECT ESSAY TOPICS If you are looking for cause and effect essay examples here is a great one below Cause and Effect Essay Example: GREAT DEPRESSION The World Great Depression hit the global economy from the late 1920s through the period in 1930s. The depression had enormous market implications: social, economic and political. In order to understand the implications of the global depression crisis, it is imperative to review the crisis causes. This essay reviews on the economic and political causes of  the crisis and their subsequent implications. Economically, the crisis onset was in 1929 characterized by the Wall Street collapse. At this time, the economy purchasing power was failing as money supply decreased. Initially, there was speculation on the eminent Wall Street collapse. At this time, the USA government resulted to financial measures aimed at reducing this influence. In this case, the federal government sought to reduce money supply in the economy through increased interest rates. This aimed at establishing avenues to reduce the increased money supply in the market. However, this process failed in the long run as the money supply continuously fell (Rosen, 2005). The Federal Reserve Bank, the central bank in America failed to institute mechanisms to reduce this crisis. Consequently, this led to the  reduced  money supply in the economy resulting in  the great depression. Reduced money supply in the market reduced the economy’s ability to purchase products. Politically, Rosen (2005) stated that the protectionism approach and regulations played a significant role in the emergence and escalation of the global recession crisis. In this regard, global economies such as European  markets developed strategies to regulate against increased importation into the markets. This sought to remedy the European market overproduction rates. Similarly, in order to protect the American multinational companies; the government in 1930 instituted the Smoot-Hawley Tariff. The tariff instituted high taxation rates for imports in the Unites States. In this regard, the strategy sought to limit importation into the economy. This was a strategy to mitigate against the increased overproduction in the economy. As such, the government sought to establish the structure  through which to reduce on the implications of increased overproduction in the economy. However, although this reduced instances of over production in the economy, it led to reduced international trade. Consequently, this reduced foreign exchange in the global markets. This trend was not only in the USA  but also in countries across the global economy. Increased tariffs and importation restrictions resulted to reduced international trade. As a result, economies were subjected to decreased foreign exchange. This implicated on the overall currency purchasing powers in the economy as currencies lost their value in the global market. International trade plays a significant role in enhancing increased currency purchasing through the development of balanced and favorable terms of trade. Through the establishment of favorable terms of trade, economies currencies increase their purchasing power enhancing increased spending and consumption levels in an economy. Reduction on the trade resulted in  reduced spending further reducing money supply in the market, thus propagating the global Great Depression crisis. The reduction in the  importation  and international trade rates resulted in  increased unemployment rates. The international trade distribution channels proved increased employment opportunities. Therefore, its collapse led to increased unemployment. Further, the trade allowed for increased government revenues through levied taxes and tariffs. To this effect, its reduction resulted to decreased government revenues. A combination of these factors reduced earnings and government spending in the economy. Consequently, the reduced international trade perpetuated reduced money supply in the global market. The global depression crisis emergence was because of reduced money supply in the market. An additional cause for the escalation of the global recession crisis was the existence of small and numerous banks. In this regard, the banks lacked enough capital and funds to support their systems. To this effect, the collapse of Wall Street resulted in an  increased lack of confidence in  the banking industry. As a result, there emerged the cash rush. This was a process through which banking customers sought to withdraw their funds and have them in liquid cash. Due to the advance and defaulted loans, the banking industry was unable to avail all the required funds. This led to the eventual collapse of the banking industry. The banking industry is an imperative component in the global market success and functioning. Therefore, the collapse of the banking industry led to the eventual collapse of the entire global economy as the banking services that enhanced transaction success no longer functions (Rosen, 2005). Consequently, the global market failed to result in the great recession. Moreover, the global depression crisis emergence can be hedged on the political systems and obligations imposed on nations after World War I. After the war, the USA emerged as a major power due to its late entry into the war. As a result, it advanced loans and funds towards the reconstruction of global nations such as Germany. On the other hand, Germany was burdened with increased loans repayment as damages for the war. This culminated in the banking industry overspending and due to inflation, the banks considerably raised their lending rates leading to global market supply deficiency. 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Law for Non-Lawyers Case Study Example | Topics and Well Written Essays - 2000 words

Law for Non-Lawyers - Case Study Example Thereafter, Billy is under the influence of Alcohol, and he slaps the nurse when he is denied permission to see the wife in the hospital. Under these circumstances, the crown court has to put into consideration the various fields of law that Billy fails to adhere to; for instance, the Family Law- under the domestic violence, the criminal law- Assault on a public servant (Nurse) (Ferraro and Boychuck 209). Further insights into this situation is the place where the crime occurred, there is the presence of Children aged 5 and 8. Based on family laws, it is apparent that domestic violence propagates perilous effects on children because, at this ages children are at a critical stage of growth and development and exposure to domestic violence may change their perception and strategies to use in making decisions (Ferraro and Boychuck 209). Finally, the Crown Court may file a case against Billy on attempted murder on Hilda in using a chair leg to hit his wife. Using some peer reviewed journ als, secondary sources, publications, and statutes, the paper shall analyze a justified decision that the Crown Court may take concerning Billy’s situation (Asmus 115–158). According to Dr. Badawi & Jamal (1971), the both civilization and Christianity values the wellbeing of women and restores their rights. Therefore, a woman is a companion to the husband but not a legal obligation to him. In the first case, Billy assaults his wife by hitting her with a chair leg harming her. This is against the laws defined under section 47 on offences Against the Person Act 1861. Based on the offences Against the Person Act 1861, Billy’s act of assault falls under the intent of causing resulting to bodily harm or wounding (Asmus 115–158). In view of both the Crown Court sections, the court has every right to file a case against the assaults committed by Billy on Hilda and the nurse. However, the Crown Court will only open a case against Billy if Hilda accepts to file a case against Billy for the injuries sustained. For this reason, any course of action by the crown court is dependent on the Hilda’s decision, and the testimony that the children may provide to the Court on what they saw. They are the eyewitnesses on the circumstances surrounding the guilty consciousness of Billy (Asmus 115–158). Therefore, if Hilda takes a decision of opening a case against her husband, then, these puts the Crown into a better position of prosecuting Billy and justifies the issues surrounding the violence Act against Hilda. Hilda is a victim of violence to her husband the moment her rights are violated by Billy. It is very apparent that, Billy intended to cause violence because at the time of the crime, he was in his right frame of mind. Under the Family Violence Act, domestic violence is any form of mistreatment caused to a family member. The form of violence may involve children, close/elderly relatives, but violence occurs between spouses (Asmus 115 –158). Based on all these facts and the course of action taken by Hilda, Crown Court prosecutor may consider sentencing Billy for approximately 4 – 5 years. Considering the case, or rather, this incidence occurred in May 2004, a man

Human resource development Essay Example | Topics and Well Written Essays - 1000 words

Human resource development - Essay Example ACC, a Danish company, experimented with a new type of training that was designed to create adult learning associated with the production of a learning organization Initially, the attitudes about the project were quite favourable, however upon launch, participants chosen for the activity found it to be without much merit. This was due to poor communication about the nature of the project, less autonomy and shared decision-making, and the fact that the organisation remained static and would not be changing. This project recommends that there be a new system of training for creating a positive attitude for a learning organisation that include better preliminary communications and also with margin for organisational flexibility. Article overview The article selected for review, â€Å"The learning organization: an undelivered promise†, highlights the activities associated with a year-long training seminar targeting professional employees at a Danish organisation known as Administr ative Case Consideration (ACC). The purpose of the study was to identify the different training methods used to foster a new collaborative learning organisation in which managers could develop new skills as knowledge managers dedicated to promoting learning across the entire staff. The goal was to change employees whilst the organisation, itself, as well as its internal policies and processes, remained static and unchanging. The study’s methodology consisted of professionals being grouped into four work teams, with each portion of training for each team carried out over a three month period. Teams rotated throughout the entire year until the entire organisation had been through the programme. Direct observation by the researcher occurred, therefore validating results significantly as the researcher was able to both participate and interview those involved in the training sessions. Pre- and post-interviews were delivered to the training members to identify whether their attitu des about the training has changed after their three month session was completed. There were four models used in the training, including quality, communications, and generic principles associated with total quality management. The article informs the reader by identifying that such structures are oftentimes socially driven with frustrations caused by limited new skills development. It shows that adult learning is sometimes complex with radical social structures guiding its development and effectiveness, even when social dimensions are not the goal of creating a learning organisation. The advantages of this training were closer interpersonal relationships with colleagues, more so than embracing of the learning organisation concepts. Andragogic approach This study was andragogic in design as it facilitated learning with adult participants. In many ways, it was self-directing, oriented to provide meaningful insight surrounding current problems and tasks associated with ACC, and based o n trust and collaboration. These are necessary to facilitate andragogic learning effectively (Guldem 2009). Since the study did not involve youths, it was not pedagogic in nature and the basis of learning was geared around the elements of adult management and leadership necessary to achieve the goal of promoting a learning organisation. The learning was supposed to be intrinsically motivated, as the preliminary interviews had identified that the majority of participants were initially excited and interested about joining the training structure. However, considerable frustrations occurred in this andragogic effort that will be identified. The model of training used The model used was unique to the environment and activities associated with ACC, however were loosely based on John Dewey’s theory of learning. In this theory, the professionals â€Å"require a preparation to enable them to sense uncertain situations and act upon them by way of inquiry†