Thomas friedman is the chief forign correspondent Term Paper

Thomas friedman is the chief forign correspondent - Term Paper Example However, two protocols of Geneva conventions have not been ratified by the law of United States of America. Nevertheless, the U.S Uniform Code of Military Justice declares that torture should not be practiced by ensuring that prisoners must be treated humanly. The Military Code states that violation of Geneva contention is a crime. This is a clear indication that torture is not supported by Uniform Code of Military Justice since Geneva convention declares that prisoners are protected against torture; public curiosity, intimidation and insults . Moreover, whoever commits torture is to be punished by life imprisonment or term imprisonment as stipulated by Uniform Code of Military Justice. The actions of U.S agents in 2002 at Abu Ghraib prison can be regarded as violation of Geneva accords as torturing actions were viewed during the U.S invasion. The torturing actions included: stripping people naked, poking people, pushing people, use of threatening dogs and depriving people of sleep. However, one can argue that such tactics were not torturing but inhuman punishments and acts of cruel which do not torture although the actions were not justified. Also Geneva accords do not apply to Taliban detainees since the conflicts were international in scope and article three considers only an armed conflict but not a global character. Furthermore Taliban detainees are unlawful group hence could not be viewed as war prisoners. In addition, reliability of confession might have been obtained under torture hence questionable making the United States of America’s agents not responsible for acts of torture. One can make a conclusion that the problem occurred due to Geneva accords which were not specific and that the actions of United States’ agents were legal since they were handling unlawful group. Moreover, ambiguous instructions were given to the agents since administration officials gave out

Police Today Essay Example for Free

Police Today Essay Police officers are around to keep us safe and are viewed as individuals who not only follow the law but ensure that others do the same. Though this is the usual case, not always do our police officers practice these ideas. Problems amongst the police force have been around since prohibition and are only increasing in our dangerous and corrupted society. Corruption, on-the-job dangers, and the use of deadly force are all issues facing the police departments today. Since the days of prohibition, corruption amongst officers has been a problem. Back when bootleggers were on the rise, officers were paid off to keep quiet about the consumption of alcohol. In today’s society Police crimes consist of beating innocent citizens, protecting drug dealers, accepting bribes, and murder. Often time’s big cities experience this through the protection of street gangs and drug dealers. It seems the tradition of paying officers off for illegal activity hasn’t yet dissipated in our modern times; in fact, it appears it’s gotten worse. The old pattern of payoffs by the mob to top cops has changed to local police officers being bought off by drug dealers and street gangs. So now instead of just the select few cops being bought, the city police who might have actually been trusted before are being controlled by criminals as well. Everyday police officers experience crime first-hand, and their jobs can potentially be extremely dangerous. This year, twice as many police officers have been killed in the line of duty than last year. Easier accessibility to firearms, weapons, and the growing amount of illegal narcotics on our streets play a big role in the perils of the criminal justice field. Illegal narcotics link directly to violent crime. Gangs, prostitutes and other illegal activities being disregarded by corrupt officers also have something to do with the toils and hazards that confront an officer who is committed to their job. Another factor is our juveniles, who are becoming more violent and willing to do wrong th an ever before. With the rest of our world being such a treacherous place, and with drugs and trafficking appearing easier and more prosperous than education and a career, it’s no shock that so many kids are pursuing that lifestyle than ever before. Police officers have to handle these threatening activities on a day to day basis. When there’s so much corruption in the force, it’s difficult for anyone, even the most committed; to make an impact on the crimes, especially in big populated cities. Every day in the United States, police officers face challenges that may cause them to resort to deadly force. Under these circumstances, officers are forced to use what they know or have learned during training to come to a reasonable conclusion of what to do next. Their decision may at the time seem like it is a necessary one; however, an officer must understand the repercussions of his or her actions. Deadly force is a serious item of interest in the community. Citizens like to jump to insane conclusions, such as: hate crimes or racism. Conclusions like these can scar an officer’s reputation no matter what the verdict in a court of law. This can make malice family members and friends of the victim, and essentially mar the police force as a whole. The Department of Homeland Security helps to secure our borders, airports, seaports and waterways; research and develop the latest security technologies; respond to natural disasters or terrorists assaults; and analyzes intelligence reports. The Department of Homeland Security is above state and local police and tells them what to do and when to do it. They are the brains behind everything states do. The federal government and the DHS interact with each other to develop new technology, stop and prevent terrorism, and secure borders. The DHS could improve relationships with the local and state police by involving them more in the decision making, seeing as how they know the area they are policing better than the higher ups who are elsewhere involved. Police officers, as necessary to our safety and well-being as they may be, have many flaws. Corruption, on the job dangers, and deadly force are just a few of the contributing problems of our law enforcement. Never will these dangers completely reside but with a rise in police patrol and less corruption amongst the force, our police system could be stronger than ever.

The background and role of inventory in accounting

The background and role of inventory in accounting Introduction International accounting standard No.2 (IAS2) Inventory gives the rules which should be followed during the recording and presentation of inventory. Inventory refers to goods which are held by a firm for sale, are in the production process or are materials which will be consumed in the production process or in giving out of services. This standard does not apply to financial instruments and it gives out a guideline on how to measure an asset which is categorized as an inventory, which concept constitute of the cost and at what time an expense occurs and the information that should be disclosed while preparing the financial statements (International Accounting Standards Board, 2008, p.977). History In the year 1974 during the draft of standard, the name was changed to inventories from valuation and presentation of Inventories in the Context of the Historical Cost System the first draft was affected on 1st of January in the year 1995 and this was 21 years after the first draft exposure. On 18th of December 2003, the standard was revised and took effect as from the strart of January 2005. In the year 2003, there was a revised IAS 2 whereby different cost formulas for inventories were incorporated into the standard. These were superseded from SIC 1 on consistency. On December 1997, SIC 1 was issued and was effective as from 1st January 1999. sic 1 required that that the same cost formula was to be used for inventories with the same characteristics under IAS 2.21 AND IAS 2.23. in that case, different methods may be used where inventory items were different from other groups (International Accounting Standards Board, 2008, p.978). SIC stands for Standing International Committee (SIC), and it was renamed to International Financial Reporting Issues Committee (IFRIC). some of the issues in SIC were not added in IFRICs Agenda. This are as follows: IAS 2 Cash Discounts The question was whether cash discounts received should be subtracted from the cost of goods purchased. A decision was made in august of the year t 2002 that they should not be added. The reason given by IFRIC was that paragraph 8 of IAS 2 provided enough guidance and thus it was not necessary to publish on the interpretation on the issue. IAS 2 Consumption of inventories by service organizations The problem was on how to treat net realizable value when the inventory is consumed as part of the service rendered. A decision was made in the march of 2004 that it should not be added. It was noted that it existed for commercial bodies. It was thus concluded that the matter involved the recoverability of an asset which did not have a direct cash flow. IAS 2 Discounts and rebates In this part, three questions were considered, first, should the discount received for prompt payment of invoice be reduced from the cost of the inventories or seen as financing income? Second, should all other rebates be reduced from the cost of inventories or treat some of them as revenue or reduction in promotional expenses, lastly, if volume rebates should be given a recognition only when threshold volumes are achieved. The decision arrived at on November 2004 was not to add. Objective of IAS 2 IAS 2 has the objective of of prescribing how inventories should be treated in accounting. It provides a guideline on how to look for the cost of inventories and how to recognize an expense including any depreciation to net realizable value. It provides the formulas that should be used to assign costs to inventories. The conclusion is that, inventories should be measured at the lower between net realizable value and cost (Nikolai, Bazley, And Jones, 2009, p.80). Net realizable value refers to the estimated selling price in the course of normal business less the costs estimate for completing and the estimated costs required to finish the selling activity. The cost of inventory on the other hand shall comprise of all the costs of purchase, conversion in addition to other costs which are incurred in making the conditions to be in their present condition and into their present location. The standards require that the first in first out method is used in assigning the cost of inventories or the weighted average method. The same cost formula should be used by a firm for all similar stock and stock that has the same use to the firm. Where the inventories might have different use or are of different nature, different cost formulas can be used (Nikolai, Bazley, And Jones, 2009, p.80). Where inventory is sold, the expenses incurred during the sale of the inventory shall be seen as an expense in that period when the expense occurred. Amount realized from any reversal of a write-down in inventories coming up from a rise in net realizable value shall be treated as a reduction in amount of inventories recognized as an expense in the time or period when that reversal took place. Rationale The rationale for IAS 2 is to ensure that accounting for inventories is done in a manner which leads to the representation of the true value of the available inventory. It ensures that frequent research is done on how to present inventory in the financial statements. Measurement, presentation and disclosure details There are several items which need to be disclosed in the financial statements concerning inventory. One of the items that need to be disclosed includes the accounting policies that were adopted while giving value to the inventories. This includes the formula used to value the stock. In other words, the financial report should state whether first-in, first-out method was used or weighted average method was used. Secondly, the reports should show the total carrying amount for the inventories and they should be put into a classification which the entity feels fit. Thirdly, the carrying amount for the inventories that may be accounted for basing on their reasonable value minus the sale costs should also be clearly shown by the financial statement. The fourth thing that should be disclosed is the level of inventories recognized as an expense in that certain period. Following this, the level of inventory write-downs which might have been seen as an expense in the financial period should be shown. After this, the level of reversals for the previous value write-downs which may have been achieved as a reduction in the amount of the expense on account of the periods inventories. The activities which led to reversal should also be listed and finally, the carrying amount of inventories used as security for debt payment should also be shown (Barry and Eva, 2008, p.27). Comparison with US GAAP (inventory) As mentioned, IAS is an initioal for International Accounting Standards and it represents a set of accounting standards which are set by the international Accounting standards committee (IASC) which is in London, England. IASC has several bodies with the main one being the international Accounting Standards Board (IASB). IASB is responsible for setting standards for IASC. On the other hand, GAAP is an acronomy for Generally Accepted Accounting Principles. IASC is not responsible for setting GAAP and it thus does not have any legal authority over it. IASC can be thus be seen as an influential body which makes accounting rules. Many people listen to what IASB and IASC say on accounting matters (Barry, Nach, and Bragg, 2009, p.1337). When an accounting rule is set by IASB, several countries consider the rule and adopt it into its accounting system. The rules thus will eventually influence of what each country adopts as its GAAP. To understand what GAAP is better, we can say that it is a set of rules which accountants follow in their countries as each country has its own GAAP. There are however not much differences in GAAP between countries although their interpretations may vary between different countries. In the United States, there is the Financial Accounting Standards Board (FASB), and this make up the rules which eventually become GAAP for the country. Example from annual reports An example of an annual report which shows the usage of IAS 2 inventory is shown in the appendix. The report shows the consolidated financial statements for Prestige Brands Holdings, Inc. which is a distributor and marketer of brand name through the counter drug, personal and household products which are sold through Canada, U.S. and other international markets. Discussion In the consolidated financial statements for the mentioned company, the first requirement for the IAS 2 has been met whereby the accounting policy that was used has been mentioned The reports states that the inventories have been stated at the lower of between the fair value and cost. The report has gone further to mention that the first-in, first-out method was used in valuing the inventory. The reports have explained that the company provides allowance for the goods which are slow moving and inventory which has become obsolete through the reduction of inventory for fall in value due to the obsolescence of products, damage and any other issues which might be affecting the marketability, equal to the difference that might exists between the cost of the inventory and its market value. Another thing that the report discloses is the factors which have been utilized in the determination of estimated market value and they include; current sales data and historical return rates, the estimates for demand in future, the competitive pricing pressures, introduction of new production, expiration dates of products and obsolescence of components and packaging.

Hamlet: Finding Courage to Die :: Shakespeare Hamlet

Hamlet: Finding Courage to Die In William Shakespeare's "Hamlet" we see a young man paralyzed with grief over his father. So much so that he is believed to have gone mad. Hamlet is such a complex character that one must look deeply to find what drives him. Did he really have the courage to kill the king or was it madness? Hamlet's character will be illuminated by explaining both soliloquies and finally Hamlet himself. "To be, or not to be, that is the question," (Beaty, 1348) is one of the most famous and well known excerpts from the play "Hamlet." What most people do not realize is the significance it has in the portrayal of the character Hamlet. During this soliloquy Hamlet is debating his fate. Hamlet is asking himself whether it is more noble, in the mind, to passively accept and suffer through all the pains of life fate throws at him, or to actively destroy, in death, these numerous troubles, and ultimately end his pain. Hamlet is questioning whether it is better to live in a world where he cannot see any goodness or take his own life. Hamlet has a very intense, philosophical personality. For this reason, he cannot take his life because he does not know what happens after one dies. He is not positive of an afterlife, therefore he doesn't have the courage to end his life. "Now might I do it prat," (Beaty, 1363) is a soliloquy in which we see a shift in Hamlet's rationalization. Hamlet, as his fathers only son, is seeking revenge for his fathers death, but is afraid that a quick death for Claudius would not be enough. Hamlet feels that waiting until Claudius is in an immoral situation would make him suffer in death because he would not be allowed to repent for his sins. During this soliloquy Hamlet is caught up in his plot for revenge and has foregone, for the moment, his plan of suicide. The contradictions in these two soliloquies sheds much needed light on Hamlet's personality. Hamlet is very outraged by the immoral actions of some of the other characters. He is deeply offended by his mothers hasty marriage to her brother-in-law and king. Hamlet begs his mother to stop being intimate with Claudius and to think more upon her late husband. This shows that Hamlet has a very clear perception of right and wrong. He also shows this characteristic by being suspicious and even hurt by his childhood friends loyalty to Claudius. Hamlet: Finding Courage to Die :: Shakespeare Hamlet Hamlet: Finding Courage to Die In William Shakespeare's "Hamlet" we see a young man paralyzed with grief over his father. So much so that he is believed to have gone mad. Hamlet is such a complex character that one must look deeply to find what drives him. Did he really have the courage to kill the king or was it madness? Hamlet's character will be illuminated by explaining both soliloquies and finally Hamlet himself. "To be, or not to be, that is the question," (Beaty, 1348) is one of the most famous and well known excerpts from the play "Hamlet." What most people do not realize is the significance it has in the portrayal of the character Hamlet. During this soliloquy Hamlet is debating his fate. Hamlet is asking himself whether it is more noble, in the mind, to passively accept and suffer through all the pains of life fate throws at him, or to actively destroy, in death, these numerous troubles, and ultimately end his pain. Hamlet is questioning whether it is better to live in a world where he cannot see any goodness or take his own life. Hamlet has a very intense, philosophical personality. For this reason, he cannot take his life because he does not know what happens after one dies. He is not positive of an afterlife, therefore he doesn't have the courage to end his life. "Now might I do it prat," (Beaty, 1363) is a soliloquy in which we see a shift in Hamlet's rationalization. Hamlet, as his fathers only son, is seeking revenge for his fathers death, but is afraid that a quick death for Claudius would not be enough. Hamlet feels that waiting until Claudius is in an immoral situation would make him suffer in death because he would not be allowed to repent for his sins. During this soliloquy Hamlet is caught up in his plot for revenge and has foregone, for the moment, his plan of suicide. The contradictions in these two soliloquies sheds much needed light on Hamlet's personality. Hamlet is very outraged by the immoral actions of some of the other characters. He is deeply offended by his mothers hasty marriage to her brother-in-law and king. Hamlet begs his mother to stop being intimate with Claudius and to think more upon her late husband. This shows that Hamlet has a very clear perception of right and wrong. He also shows this characteristic by being suspicious and even hurt by his childhood friends loyalty to Claudius.

Two types

Define multiple goal programming Explain two types of goal programming with multiple goals Define the graphical method for solving goal programming and Give the steps for solving a problem using the graphical method of goal programming] 4. What are the applications of queuing models. What is multiple server model of the queuing system. State its assumptions [Explain the application of queuing models in various areas Define the multiple server model and Explain the model with assumptions] 5. What are the various priority rules used in the process of sequencing? [Define sequencing andExplain the priority rules used in the process of Sequencing] 6. Explain the concept of replacement models. What are the limitations of replacement models? [Define the concept of replacement models Explain the importance of replacement models Explain the limitations of replacement models] OMNI ENTERPRISES RESOURCE PLANNING 1 . Write short notes on: Type of information required at various levels of the ente rprise Coordinateness Architecture (SO) factor for developing ERP systems Role of ERP in Sales and Distribution Trans-shipment [Type of information required at various levels of the enterprise Service-orientedArchitecture (SO) factor for developing ERP systems Role of ERP in Sales and Distribution Trans-shipment] 2. Write short notes on : Distribution Requirements Planning (DRP) Role of ERP Consultants Product Lifestyle Management (PALM) Collaborative CRM [Distribution Requirements Planning (DRP) Role of ERP Consultants Product Lifestyle Management (PALM) Collaborative CRM] 3. What are the benefits and features of ERP purchase module. [Listing of benefits of purchase module Description of features of purchase module] 4.What are the benefits and features of ERP financial module? [Listing of benefits of uncial module Description of features of financial module] 5. Case Study: Implementation of ERP HARM System at BBC BBC is a Us-based organization that operates several museums, researc h centers, and zoological parks. A few years back, the organization faced a number of issues in managing its human resource functions. This was due to the obsolescence of the existing human resource management system.The old system of the organization was not able to provide accurate information related to employees. Considering the on-going issues, BBC decided to implement the latest version of ERP HARM system ladled Peoples HARMS IV. 8 from Software Performance Systems, Inc. The implementation of this system was divided into four phases. First Phase: Focused on implementing personnel management, benefits administration, and payroll administration functions. Second Phase: Focused on implementing Job requisition, labor relations, and workflow management features.Third Phase: Concerned with the development of an organization-wide learning source to facilitate information and knowledge sharing. Fourth Phase: Focused on competency mapping and personnel development. The implementation o f the ERP HARM system not only improved human resource functions but also increased the overall operational efficiency of the organization. Questions: a) Why was BBC facing problems related to HARM? How did they solve it? B) What are the advantages obtained by BBC after implementing the ERP HARM system? [a. List the HER problems BBC was facing.List the four phases of implementation b. List the advantages obtained by BBC after implementing the ERP HARM(mentioned in the case as well as what you think are the advantages)] 6. Discuss the ERP selection criteria Explain the importance of selecting the right ERP system Explain the three major criteria for selecting an ERP system. ] MAMMON SUPPLY CHAIN MANAGEMENT 1 . What are the different factors affecting transportation decisions? [Description/ outline of different factors and its sub factors in students own words] 2. Write short notes on risk pooling. Description of risk pooling importance of risk pooling in SCM listing and summarization (along with suitable examples for each) of four types of risk pooling] 3. Read the following case study and answer the questions given the end of the case study Best Supplier Relationship Management: Jaguar Land Rover and Gobble & Partner Jaguar Land Rover production line 8 October 2013 | SIPS Supply Management Awards 2013 â€Å"Jaguar Land Rover LOUR) transformed its position in customer satisfaction surveys and enhanced the quality of its products through an innovative partnership with a key supplier.By re-evaluating the way it deals with quality control and suppliers, Jaguar took top spot in the 2012 JDK Power Survey for customer satisfaction and Land Rover raced up the chart. In 2008, the survey put Jaguar at nine and Land Rover at 34 for quality, described by JELL as â€Å"clearly an unsatisfactory tuition† for a premium brand and stated that â€Å"something had to change†. Component quality was identified as the key issue – for some suppliers the proporti on of rejected parts was as high as 65 per cent – and some finished vehicles were being put into ‘containment' due to faulty components.This had knock-on effects including delayed customer shipments, production line stoppages that cost E,OHO per minute and the risk that faulty parts could make their way into completed vehicles. At the time, JELL was working with 16 different suppliers across three factories to undertake parts rework and containment, resulting in differing quality regimes and an inability to share data across the company. As a result, there was no single view of any given supplier's quality history, which made preventative action impossible.A new director of quality was appointed who launched a review of quality across the supply chain that identified potential improvements that could be made to the inspection of incoming components from suppliers. The Inbound Materials Project was established and the 16 suppliers dealing with quality control were reduce d to nee – Gobble & Partner (G) – who saw it as an opportunity to introduce innovations and boost investment in its Qatar quality management system, which totals E million to date. This evolved into a partnership between JELL and G.Both realized that prevention was better than cure, and through Qatar they could identify the component suppliers causing the most problems. Those with a recurrent history of reject parts were subject to a more rigorous inspection regime. G aim is to ensure no faulty part ever arrives at JELL production facilities and they now work on the premises of high- sis suppliers to review quality processes. The firm is also working at Slur's new plant in China to ensure the right quality approach is in place from the beginning.

Differences between Chinese and American culture essays

Differences between Chinese and American culture essays We might think that Chinese and Americans are totally different people. Not only the way they look different, but also the different cultures. So, what are the differences between Chinese and American culture? Most Chinese families like to cook the meals at home. The family members sit around the table and share the dishes on the table together. Even when they are having their meals in restaurants, they eat in the same way too. But in America, just part of the Americans have their meal at home with their family members. That's common for them to take fast food as their meals, especially teenagers. They love to hang out and have meals with their friends, instead of their families. These actually shows that Chinese care about family union much more than Americans do. In China, Confucianism, Taoism and Buddhism are three ideologies which have greatly influenced the Chinese, such as the importance of education, respecting the elderly and parents, respecting the ghost and the gods in order to be well-being and the wheel of life. On the other hand, most of the Americans believe in Christianity and Catholic. The Christians and Catholics often pray to God. They believe that God blesses them and they will be sent to heaven after they died. We can see that the ideologies that people believe are quite different between Chinese and Americans. Due to the great influence of Confucianism, the Chinese always treat the elderly and their parents with respect. Unlike the Americans, the Chinese will not call the names of their parents. That is kind of impolite behavior for the Chinese. As the Americans like to treat their parents as friends, they often show their emotion and tell their opinions quite straight-out while the Chinese prefer not to say but just hide in heart. In comparison, the Americans are more open-minded while the Chinese are quite conservative. In the end, I would say that both cultures have their beauty and s...

How to Write a Persuasive Essay Step-by-Step Guide - Paperell.com

How to Write a Persuasive Essay Step-by-Step Guide How To Write A Persuasive Essay: Step-By-Step Guide Academic writing assignments come in all shapes and sizes – there are certain standards like uniqueness or structure to keep in mind when completing such tasks but besides, each assignment also has an individual set of requirements that have to be met. These tasks are what causes the biggest confusion and stress among college students. Many students never stop struggling with their papers.One of the most widespread assignments learners from all around the globe face at all stages of their lives is an essay. This short paper is often assigned at school, college, university, and is also an integral part of many examinations, contests, and even applications for jobs or educational institutions. Thus, an essay and all its forms are something we deal with on the daily basis. There are four main types of this paper and in this post, we are going to define one of the most popular and also the most challenging type – a persuasive essay.Definition Of A Persuasive EssayWriting a persuasive essay, you are supposed to define a particular topic (it can be a problem, event, subject or another), give your opinion on the stated problem, and the ultimate goal of your paper is to convince the audience in the validity of your perspective on a topic. This essay is much different from all the others. Such texts have to provide a logical, valid, and compelling opinion on a particular topic that you have shaped in the course of conducting research and it has to support your opinion with some strong arguments. Thus, persuasion is the main goal of this task.Step-By-Step Guide On How To Write A Persuasive EssayThere are several key steps to take to create a high-quality paper:Defining a topicMany students get stuck on this step because they do not know where to look for good persuasive essay topics and how to choose one. There are a few tips that can help you out in this matter – look for a list of interesting topics related to the subject you study online and find something you are interested in. Also, make sure you have enough knowledge on a particular subject. The last tip is to adjust the topic in accordance to your needs. You can rephrase it however you want but most important is to ensure it is not too simple or complicated, and also ensure that its focus is not too broad or narrow – try to keep a fine line here.Getting familiar with the basic requirementsEvery academic paper has a number of specific requirements in addition to some universal rules of writing, which is why you have to get familiar with these requirements. Also, note that a particular university or teacher may also have some additional, unique demands that also have to be taken into account – thus, if you were given a guide or a set of rules, make sure you read and comprehend them.Conducting researchUnlike other essays, a persuasive paper always requires conducting extensive research to collect the required facts and arguments for the text. How to do researc h? You are free to use any resources you can find on the Internet or in a library including:Scholarly or non-scholarly books;Surveys;Articles published in trusted scientific or non-scholarly journals or magazines;Articles from technical or scholarly journals;Statistical databases;Interviews with experts;Government websites, etc.However, use them wisely. If you take sources from the Internet, make sure they are valid and trustworthy – the wisest way is to take information from official scientific databases or government websites. Keep in mind that your paper’s purpose is both to make a particular topic clear for the audience and to provide a number of valid arguments to support your personal opinion.Creating a persuasive essay outlineWriting an outline is a must because even the most experienced students can’t write the whole paper at once without missing something or making mistakes. Thus, it simply saves time on editing and proofreading. Besides, an outline hel ps you to adhere to the right persuasive essay format and structure. Before going on to this step, we recommend finding a high-quality outline sample to ensure you are on the right track.Write your paperOnce you have collected all the data for your text and have a detailed outline, it is time to move to the most important stage of your work – writing. This process should not take too much time if you have created a good outline. However, it is one of the most responsible steps you have to make, which is why we have prepared a list of the most effective writing tips you can find as you continue reading this article.Polish the textThe last step consists of two important actions – proofreading and editing your final draft, which is done to detect and eliminate any mistakes you have made.Tips On Writing A Top-Notch Persuasive EssayIf you are not sure how to write an essay of high quality or simply lack experience in this matter, the tips below should come in handy and make this process simpler for you.Write a strong and arguable thesis statementIn this paper, a good thesis statement is as important as ever as it is the main component of your text – it is your opinion that you are going to prove. For this paper, make a thesis statement that defines your strong, active position regarding a particular topic – it has to be clear, logical, and you have to ensure you can find enough materials to defend it.Make a good persuasive essay introductionThe intro is one of the most important parts of every paper because its goal is to attract the reader’s attention and make the reader want to continue reading your work. However, a poorly written intro loses the readers’ attention and negatively influences the perception of your text, which is why writing a good introductory paragraph is important. How to make a good intro? Here are a few tips:Start with a hook to attract attention;Provide an insight into your topic;Add a clear thesis st atement.Write the body paragraphsAs a rule, you will be required to create a minimum three body paragraphs, each should be devoted to a single point related to your main argument. The body paragraphs aim to justify your thesis and present your arguments for its support. Here are a few considerations to keep in mind:Open each paragraph with a clear and logical topic sentence that specifies the main point of the paragraph;Provide valid, clear, and accurate evidence;Use facts, examples, statistics, and other valid sources as your main arguments;Make your paragraphs look like harmonic pieces;Add counterarguments and rebuttals;Make logical transitions between paragraphs.Write a logical persuasive essay conclusionYour goal is to make a conclusion that brings together all of the arguments you have provided in your essay and to leave a long-lasting impression. As a rule, you have to restate your main ideas and thesis here. Also, it is a good idea to answer the following questions in your co nclusion:What are the ways to apply your argument to a broader context?Why do you believe the described issue matters (quick tip: here you can also explain why a particular opinion or argument means something to you)?What other questions have arisen after the research?Final WordsA step-by-step guide and tips provided in this article should help you create a high-quality persuasive paper easily and avoid making some of the most common mistakes. Writing it is not too difficult if you choose the right approach. However, sometimes, if you have no time to finish the work or face any major difficulties with it, it is better to ask for some help, for example, to find an assistant at a reliable persuasive essay writing service.

Samsung Essays - Semiconductor Companies, Chaebol, Samsung

Samsung Essays - Semiconductor Companies, Chaebol, Samsung Samsung Samsung Quick Background - 1938 founded as a trading company - in the 50s-60s went into anything imaginable - like insurance- paper- aerospace- property- retailing - used this base to lay themselves out for the semiconductor field Lets Break Down how they did it 1) Entry into semiconductors- 75-83 - bought a smaller semiconductor company in S.K. - wanted to expand out of low end goods - worked with Micron Tech. and other US firms - had American engineers at plants helping them 2) Catching the field - producing goods but wanted to be at the same level - to do this put lots of $ into the department - trial and error learning - accumulated debt- but looked toward the future - by late 80s started seeing sales boom 3) Becoming a Leader - started to overtake the U.S. and Japan firms it learned from in some categories - U.S. and Japan instead of helping out simply bought in huge quantities - first company with 64 bit DRAM technology - continued investment - forged equal partnerships to remain at the front of technology So What are We Supposed to get out of this? - these firms show typical strategies of late- comer firms - to do this they had a assembly learning period, then process development, and began to innovate - they utilized foreign know how - balanced perfectly the rate of growth - organizational innovation - because their learning achievements are cumulative and built upon solid foundations, South Korean firms are well positioned to create new market opportunities and to respond to the fast-changing pace of electronics technology Pats Tid Bits - Hyundai 19 percent sales- Samsung 13 - Brad has a Samsung microwave- 1/5 of US microwaves 92 - Chaebol- the big business groupings - its hard for Korea to be flexible given its culture - my interviews Bibliography Samsung

Lean Transition Case Study Example | Topics and Well Written Essays - 1000 words

Lean Transition - Case Study Example As the company transition to lean practices, their accounting system and performance measurement reports have become unreliable, inaccurate and inapplicable to the flow line value streams. The lean production environment led to problems in the current labor reporting, production efficiency and product costing methods. The management wanted to monitor the efficiency, productivity and profitability under the lean production practice. Yes, the management must change the product costing system of Aero Gear, Inc. in order to align the system with their lean production practice. An aligned management accounting system maximizes profit. An accounting system that fails to provide information that is timely or in a useful format will be rejected by users and will not be beneficial to the management. Identifying costs at the item level will lead to inaccuracies and will result to irrelevant information. The management should manage the product costing at the aggregate level. It would be preferred to use management financial statements instead of profit and loss statements. The information communicated by the new financial statements should allow readers to easily evaluate the results of changes in the lean business practice. The change from cost accounting to cost management is inevitable. Attaching direct labor and setup costs to the finished product also creates trouble with the product costing system under lean manufacturing. The old product costing system utilizes direct labor measure as the overhead rate denominator, which is applicable only if the manufacturing capacity is proportionate to direct labor consumption. Also, elimination of all waste is the objective of lean manufacturing. Since lean practices would lead to a lower inventory level, it would create a negative effect on the reported gross and net profit in the profit and loss statement because inventory is recognized as an asset. Should they hold off making a change despite their dissatisfaction with the current system and continue to look for a better product costing method Holding off change would only create more inaccuracy in product costing, performance measurement and cost management. The company can employ two or more product costing while evaluating their effectiveness. Lean business practice embraces the concept of continuous improvement. In order to initiate improvement, the company must first adopt a system and then find ways to improve it, if not replace it. Were there any additional measures they could collect and use to measure flow line performance The central focus of lean manufacturing is to eliminate wastes. Measures of wastes like scraps, defects and machine-downtime and its impact on the line performance would benefit management decisions. A recommended method of reporting is through a cash flow analysis where it will effectively track the positive aspect of liquidating inventories. Cycle time can be integrated in the analysis. Additional metrics such as tracking the improvements in direct and indirect labor on a weekly or monthly basis would also be helpful. Was it fair to

Principle of Autonomy Guarantee a Person the Right to Do Something Coursework

Principle of Autonomy Guarantee a Person the Right to Do Something - Coursework Example This might be owing to the reason that the principle of autonomy tends to generate positive outcomes with making significant improvements in individuals’ wellbeing. Anything, which is harmful to one person, does not get included under the well being of another person, which can affect other in a negative way (Coy, 2015). It is worth mentioning that as per the principle of autonomy, an individual possesses own values that can be used during the treatment process. By establishing the principle of autonomy, it can be apparently observed that good practice must be initiated such as empowering the medical decisions as well as protecting a person from any sort of risk (Mitchell &Templeton, 2014). In terms of ethical rationale, it can be affirmed that the principle of autonomy focuses on safeguarding the rights of an individual by evaluating the varied outcomes in a positive way. This fact eventually supports the notion that the autonomy principle does not guarantee an individual with the right to do something harmful to oneself and

Your Own Franchise Research Paper Example | Topics and Well Written Essays - 1500 words

Your Own Franchise - Research Paper Example The success of the franchisor will depend on the success of the individual who purchased the franchise. This paper takes about a franchise in the insurance sector. It analyzes the franchise, the amount required to start it, the pros and cons of owning the franchise, and the strategic, administrative, and operation strategies the franchise holder should initiate for purposes of making it a success. It also outlines the various training techniques that the franchise holder should initiate for purposes of succeeding in the business. This paper has a conclusion, which is a summary of the main points identified. Brand Description: The franchise under consideration is Allstate Insurance Company. To purchase the franchise, an individual requires about $50,000. Allstate is ranked amongst the fortune 100 companies, and it is one of the most highly recognized insurance and financial companies in United States of America. The company was formed in 1931, and its success and achievements are pegg ed on its innovation (Bond, 2012). The company operates an exclusive agency force, and its expansion is always dependent on the financial position of its agents. The company is always looking for motivated and highly ambitious people who want to own and operate its Allstate agencies (McCarthy, 2010). The major business products of Allstate insurance company is insurance services targeted at home owners, and auto mobile owners. These insurance services are offered mainly through the various franchise holders of the company. The marketing of these insurance products is done under the brand names of Esurance*, Allstate*, and Esurance* (Bond, 2012). The company provides investment and retirement insurance products, as well as life insurance cover. It also provides variable and traditional life insurance cover. These insurance products are always interest sensitive, and their premiums are affordable. It also provides fixed annuities, such as health insurance covers, and voluntary acciden t cover. Other services and products that the insurance company issues are the business insurance products detailed to serve owners of small business organization. Household insurance cover to consumers targets products such as boats, motorcycles, as well as condominium insurance policies (Bond, 2012). Under the dealer services, Allstate provides non-insurance and insurance products that are sold mainly to auto mobile dealers. The company also has an Allstate roadside service. These services include wholesale and retail products meant to assist road side users. Resources used: One source of information that has provided guidance in selecting this franchise is the organizations website. The organization runs a website with the URL name, www.allstate.com. This website is useful because it provides all the necessary information pertaining to the formation, and operations of Allstate insurance company. The website provides the historic formation of Allstate insurance agency, and it iden tifies its mission, objectives and aims. It is from the organizations website that we are able to know that the company provides most of its services through agencies and franchises (Allstates, 2013). The website also contains the financial records of the company. These records are not for only the current year, but they are distributed to reflect the financial position of the company for over ten years ago. It is also easy to assess information contained in this website. This is because it does not require an individual to open an online account with the company, so as he or she can access the website. All that an individual needs is an access to the computer, and the internet. Another source of information is a book by Bond (2012), referred to as Bonds top 100 franchises. This book by Bond (2012

The arguments of Plato to Butler Essay Example | Topics and Well Written Essays - 1250 words

The arguments of Plato to Butler - Essay Example Plato’s prisoners represent the ordinary people comprising the society that is yet to attain the right knowledge and wisdom meant to free themselves from their enslaving appetitive desires (Plato 53). This is similar to the Butler’s society; where Martha holds a long dialogue with God though, in this account, the protagonist’s represents her society. However, Martha’s knowledge is much more elevated compared to the ordinary people whom God plans to enlighten through her. This is evident from the way she is able to brainstorm and come up with ideas (the idea of dreams) meant to redeem the ordinary people. Martha’s knowledge or wisdom level is similar to Plato’s freed prisoners, who have returned to the cave with a diverse perspective regarding how they view life besides other aspects. This is contrary to what they used to perceive things seemed like before they resurfaced in the cave. Besides, the bound prisoners deem their peers who had the chance to go out and learn the reality of things; possess corrupted form of insight where after arguing, they intend to terminate their lives. This is similar to Martha’s case where she is unwilling to return to the world once God assigns her the duty of educating His earthly beings. Since, she is afraid that they may kill her when she emerges with a different perspective regarding life’s predicaments and how to solve them (Butler 171). Both Plato’s prisoners and Martha’s inability to comprehend God’s nature unveil humanity’s mediocrity that is a need of knowledge. This is to liberate the entire society from its appetitive desires bounding it to unending ignorance; hence there is need to employ adequate measures (of imparting knowledge) to eliminate them. Therefore, both Plato’s â€Å"Allegory of the Cave† and Butler’s account â€Å"The Book of Martha† bear the same approach concerning how to impart their respective societies with the right knowledge meant to thrive or develop. What do these authors want us to know? The authors via these accounts imply that, we usually see things from the perspective which life’ s knowledge has prepared us. Hence, Butler’s argument, â€Å""You see what your life has prepared you to see," God said† (Butler 209). Therefore, people despite drowning in their society’s dubious mediocrity, will still persist to hold onto it, which is apparent from the cave prisoners’ stubbornness. These cave prisoners see their peers’ mind reformation as a corrupted way of thinking whereby they are ready to kill them, which is also similar in the Butler’s account (Butler 171). Hence, people despite their strong guest to advance their knowledge, normally lack internal liberty meant to accept it, whereby to some extent term any new idea as retarded mediocrity. Besides, the authors intend to imply the only few enlightened people in the society end up assuming the top posts or undertaking key responsibilities meant to develop the ignorant characters. This is regardless of peers’ resistance. For illustration, Plato contends that, philos ophers owing to their knowledge and wisdom ought to be kings, which is similar in the Butler’s account (Plato 166). Martha after getting enlightenment, God proposes to use her in redeeming the world, where he comes with an idea of resurrecting her. However, Martha wonders why God does not utilize other individuals, but he continues to

Aftermath of WWI and the Treaty of Versailles Essay - 1

Aftermath of WWI and the Treaty of Versailles - Essay Example They were not at all very happy with what they got. Germany was forced into signing a lopsided agreement that to her citizens was robbery in broad daylight. They were made to pay reparations that at that time was an astronomical amount. To add insult to injury the German people lost a significant part of their territory. Germany was carved up like a juicy present and the gifts distributed to the loyal member of the victorious allies. It was worse than any physical abuse as the German people was stripped bare of dignity and even hope of a better future. The heart of the people looked like Berlins bombed out dwellings, like the scarred remains of burnt buildings. It was a tough time. It was the worst defeat ever experienced by any nation. The thought of a league of nations working together to turn a conquered foe into a submissive and docile beast is shameful. But the nations around Europe were not finished yet with the undressing of this people. They wanted to be sure that Germanys much vaunted armed forces will never rise again. The League of Nations made all the necessary steps to be certain that never again will Germany terrorize the world. The once proud nation was brought to her knees. But the humiliation did not stop there. The leaders of the victorious allies pinned the majority of the guilt and all the wickedness of the Great War on Germany. It was an unmistakable charge as one reads the Versailles treaty. From then on, something akin to rage was burning in the hearts of the German people, most specially her patriots. Hitler shared in the ignominy of her people and Fatherland. Yet instead of breaking down in perpetual state of weakness and utter hopelessness his sinister mind began to plot the most daring comeback in the history of national politics. Hitler and Nazism was able to achieve what the German people had been trying to do since 1919 and that is to voice out their disgust on the infamous treaty.

Dubai Cultural environment Essay Example | Topics and Well Written Essays - 1000 words

Dubai Cultural environment - Essay Example This is because culture may impact effective business performance in case it is not taken into considerations seriously. Dubai people who are the Arabs emphasize on generosity, respect and modesty and a persons’ honor is paramount because it is a way of communicating indirectly. The Arabs consider civility as a significant value and the status of an individual is well taken into considerations. Therefore, before the American Company make decisions of considering Dubai for their international expansion plans; they should fully understand the cultural environment of Dubai. The cultural environment of Dubai is unique because of the way cultural values of the Arabs put value on relationships an evident in which people can integrate work and socializing. The normal working period of the Arabs is from morning up to evening, and in between working period, there is a tea break and lunch break. The Arabs take a long lunch break, which is followed by resting and many breaks for praying. The Arabs beliefs that the long breaks offer a chance for the customers; thus turning out this to be an opportunity for successful business. Therefore, the American company should understand the way the Arabs integrate work and socialization. ... Hofstede carried out research analysis in order to determine significant cultural dimensions. He carried out varied cultural value dimensions that came from IBM labor force surveys that were conducted in more than 50 cultures between 1967 to 1973 (Ghemawat and Reiche 3). The research study aimed to reveal varied cultural dimensions including power distance, individualism or collectivism, uncertainty avoidance and masculinity or femininity (Ghemawat and Reiche 3). Therefore, these are among the significant cultural values dimension that the American company should take into considerations before planning to expand their business in Dubai. One of the cultural value dimensions that the American company investors should take into considerations before expanding their business is a high power distance. Power distance is the degree to which a certain culture accepts and reinforces the fact that power is distributed unevenly in the society (Ghemawat and Reiche 3). Therefore, the American Co mpany considering Dubai for its international expansion plans should understand power distance. This is essential because it will enable their business to thrive effectively; thus achieving successful business performance. The American company should understand that power distance is unfairly distributed in Dubai. This is because Dubai is one of the regions that have cultural values and customs that are rooted in Islamic laws. These laws may impact the business in different ways including on the way and when the business is conducted for organization design. Therefore, success of the American company can be based on understanding these differences and the ways Arabs approach situation better or worse than in other cultures. Some power distance varies

The arguments of Plato to Butler Essay Example | Topics and Well Written Essays - 1250 words

The arguments of Plato to Butler - Essay Example Plato’s prisoners represent the ordinary people comprising the society that is yet to attain the right knowledge and wisdom meant to free themselves from their enslaving appetitive desires (Plato 53). This is similar to the Butler’s society; where Martha holds a long dialogue with God though, in this account, the protagonist’s represents her society. However, Martha’s knowledge is much more elevated compared to the ordinary people whom God plans to enlighten through her. This is evident from the way she is able to brainstorm and come up with ideas (the idea of dreams) meant to redeem the ordinary people. Martha’s knowledge or wisdom level is similar to Plato’s freed prisoners, who have returned to the cave with a diverse perspective regarding how they view life besides other aspects. This is contrary to what they used to perceive things seemed like before they resurfaced in the cave. Besides, the bound prisoners deem their peers who had the chance to go out and learn the reality of things; possess corrupted form of insight where after arguing, they intend to terminate their lives. This is similar to Martha’s case where she is unwilling to return to the world once God assigns her the duty of educating His earthly beings. Since, she is afraid that they may kill her when she emerges with a different perspective regarding life’s predicaments and how to solve them (Butler 171). Both Plato’s prisoners and Martha’s inability to comprehend God’s nature unveil humanity’s mediocrity that is a need of knowledge. This is to liberate the entire society from its appetitive desires bounding it to unending ignorance; hence there is need to employ adequate measures (of imparting knowledge) to eliminate them. Therefore, both Plato’s â€Å"Allegory of the Cave† and Butler’s account â€Å"The Book of Martha† bear the same approach concerning how to impart their respective societies with the right knowledge meant to thrive or develop. What do these authors want us to know? The authors via these accounts imply that, we usually see things from the perspective which life’ s knowledge has prepared us. Hence, Butler’s argument, â€Å""You see what your life has prepared you to see," God said† (Butler 209). Therefore, people despite drowning in their society’s dubious mediocrity, will still persist to hold onto it, which is apparent from the cave prisoners’ stubbornness. These cave prisoners see their peers’ mind reformation as a corrupted way of thinking whereby they are ready to kill them, which is also similar in the Butler’s account (Butler 171). Hence, people despite their strong guest to advance their knowledge, normally lack internal liberty meant to accept it, whereby to some extent term any new idea as retarded mediocrity. Besides, the authors intend to imply the only few enlightened people in the society end up assuming the top posts or undertaking key responsibilities meant to develop the ignorant characters. This is regardless of peers’ resistance. For illustration, Plato contends that, philos ophers owing to their knowledge and wisdom ought to be kings, which is similar in the Butler’s account (Plato 166). Martha after getting enlightenment, God proposes to use her in redeeming the world, where he comes with an idea of resurrecting her. However, Martha wonders why God does not utilize other individuals, but he continues to

Dubai Cultural environment Essay Example | Topics and Well Written Essays - 1000 words

Dubai Cultural environment - Essay Example This is because culture may impact effective business performance in case it is not taken into considerations seriously. Dubai people who are the Arabs emphasize on generosity, respect and modesty and a persons’ honor is paramount because it is a way of communicating indirectly. The Arabs consider civility as a significant value and the status of an individual is well taken into considerations. Therefore, before the American Company make decisions of considering Dubai for their international expansion plans; they should fully understand the cultural environment of Dubai. The cultural environment of Dubai is unique because of the way cultural values of the Arabs put value on relationships an evident in which people can integrate work and socializing. The normal working period of the Arabs is from morning up to evening, and in between working period, there is a tea break and lunch break. The Arabs take a long lunch break, which is followed by resting and many breaks for praying. The Arabs beliefs that the long breaks offer a chance for the customers; thus turning out this to be an opportunity for successful business. Therefore, the American company should understand the way the Arabs integrate work and socialization. ... Hofstede carried out research analysis in order to determine significant cultural dimensions. He carried out varied cultural value dimensions that came from IBM labor force surveys that were conducted in more than 50 cultures between 1967 to 1973 (Ghemawat and Reiche 3). The research study aimed to reveal varied cultural dimensions including power distance, individualism or collectivism, uncertainty avoidance and masculinity or femininity (Ghemawat and Reiche 3). Therefore, these are among the significant cultural values dimension that the American company should take into considerations before planning to expand their business in Dubai. One of the cultural value dimensions that the American company investors should take into considerations before expanding their business is a high power distance. Power distance is the degree to which a certain culture accepts and reinforces the fact that power is distributed unevenly in the society (Ghemawat and Reiche 3). Therefore, the American Co mpany considering Dubai for its international expansion plans should understand power distance. This is essential because it will enable their business to thrive effectively; thus achieving successful business performance. The American company should understand that power distance is unfairly distributed in Dubai. This is because Dubai is one of the regions that have cultural values and customs that are rooted in Islamic laws. These laws may impact the business in different ways including on the way and when the business is conducted for organization design. Therefore, success of the American company can be based on understanding these differences and the ways Arabs approach situation better or worse than in other cultures. Some power distance varies

Trayvon Martin Essay Example for Free

Trayvon Martin Essay On February 26, 2012 Trayvon Martin died because George Zimmerman, a neighborhood watchman, shot him. Today many debate on how this happened. Did this happen because of racial issues or because of the Stand your ground law? Isaiah Muhammad explains in his article that Trayvon martin didn’t die due to the Stand Your Ground Law, he died because he was murdered for being a black guy with a hoodie on. Bill Cosby thinks otherwise, he believes that it had to do with the stand your ground law and the fact that Zimmerman had a gun. Although Bill Cosby has a valid point, the real issue in the Trayvon martin case is racism. Racism has caused the reason why Trayvon Martin is dead today. Geraldo Rivera appeared on FOX News to explain his views on the whole Trayvon Martin case. In his words he said â€Å"I think the hoodie is much responsible for Trayvon Martin’s death as George Zimmerman was†. Many were hurt by his opinion because how is one to say that the reason why a 17 year old teenager, going home from a liquor store with skittles, dies because he was wearing a hoodie? I’m sure if it was a white teenager with a hoodie, that would be a whole different opinion for Geraldo. Many don’t begin to understand how racism starts and Geraldo saying what he did, is the reason why there is racial discrimination ,still, today. As the NRA said â€Å"Guns aren’t the issue, it’s racism†, and I agree with this opinion. The NRA is national rifle association and they didn’t believe that it was the Stand your ground law that got trayvon Martin killed, it was the fact that theres so much racism going around that people end up getting hurt from that. They also believe that because of Zimmerman, people with guns are all the sudden bad people. The NRA says that â€Å"Guns don’t kill people, people kill people†, to emphasize that one shooting should not overshadow the fact that millions of people who own guns in the United States have never had a violent altercation. There’s more to this than just a gun, it’s the fact that we see people so different. My point is that, Zimmerman saw a black guy with a hoodie, and all the sudden pointed into one conclusion, that was; he’s up to no good. On the other hand, could it be because of the Stand Your Ground Law? Bill Cosby tells us his perspective by saying it had to do with the Stand Your Ground law, and it had nothing to do with racial discrimination. Bill Cosby made some valid points, he connected with his own life by telling us how his son died from a accident like this. He believes that guns are the issue here not racism. Bill Cosby says, What is solved by saying, Hes a racist. Thats why he shot the boy. What solves that? Cosby made some valid points to his argument on why he believes it’s to blame the guns not the race because at the end of the day it was a gun that killed Trayvon. Even that being said, I still begin to believe that it was because of race and that’s the real issue we need to focus on. So many would say that Bill Cosby has a valid point but doesnt Isaiah Muhammad bring up a more valid point? Isaiah behind to explain the difficulty of his memories as a teenager living in Los Angeles. In his blog he be Gibbs to say that there were so many altercations and racism. It bright him back to the time when LA had a huge riot because of what happened to Rodney King. He also explains how a teenage girl walked in a liquor store to buy something and the clerk , which is Asian, assumes shes there to steal. So the clerk starts to tell her things so the girl defends herself. Them the clerk shot her right in the head. Takes you back to the Trayvon Martin case, and we begin to ask why? The leading climax leads to racisim. In conclusion, ask yourself, how can we fix this racism mess as Americans? Weve tried but whether we like it or not , its always going to be around. Trayvon Martin was a tragedy but also a heads up to us. I was one to realize that not only is this a serious issue but we have to accept one another for us ,not our color. Nevertheless, yes Bill Cosby made some good arguments about the Stand Your Ground law being the main issue here , but Isaiahs point stood out there to me. Its one thing to call 911 because you feel uncomfortable with somebody but to assume right away that this 17 year old teenager ,who was black with a hoodie on, is up to no good, its just being racist.

Study on the Variability in Foreign Exchange Rate

Study on the Variability in Foreign Exchange Rate 1.0. Introduction Variability in foreign exchange (FX) rate has been one of the major economic and financial factors affecting cash flows and common stocks value. After the collapse of post-war Bretton Woods fixed exchange rates in the 1970s, the relative prices of currencies began to fluctuate. The rapid expansion in international trade and adoption of floating exchange rate regimes by many countries led to increase exchange rate volatility. As economic integration and globalization have been increasing year by year, exchange rate movements have become very important source of risk for financial firms as well as non-financial firms. In this context, it is very important to mention that virtually all existing empirical studies estimate currency exchange rate exposures on the basis of share prices. However, the assessment of cash flow and stock price exposures which will be studied in this research will represent a rational alternative to the analysis of stock price exposures. In fact, it is the impact of exchange rate risk on corporate cash flows rather than equity prices per se, that is emphasized in the theoretical literature on corporate risk management, either for tax reasons, managerial performance, bankruptcy, investment decisions or compensation purposes. Jacque (1996) points out that change in a companys earnings due to unexpected foreign currency exchange rate changes relatively to their domestic currency is considered as foreign exchange rate risks. Changes in exchange rates may affect firms profitability and value. Exchange rate changes can also impact on the level of competitiveness of the firms which are exposed to exchange rate risk, or affect the value of their net assets denominated in foreign currencies. Adler and Dumas (1984) show that even firms whose entire operations are domestic may have affects of exchange rates of foreign currencies, if their output and input prices are influenced by currency movements. Moreover, Eiteman et al. (2006) says that in general, firms are exposed to three types of foreign exchange risk: translation exposure, transaction exposure and economic exposure. Translation and transaction exposures are accounting based and defined in terms of the book values of assets and liabilities denominated in foreign currency. In practice, economic exposure is computed as the net sensitivity of some aggregate measure of firm value to currency fluctuations. Economic exposure contains of the direct and indirect effects of currency fluctuations by focusing on the net sensitivity. At the corporate level, changes in exchange rates affect the firm value, because future cash flows of the firm will change with exchange rate fluctuations. In other words, exchange rate changes have important implications for financial decision-making and for firm profitability. It is widely believed that changing exchange rates affect the competitiveness of firms engaged in international competition. According to Luehrman (1991), a falling home currency promotes the competitiveness of firms in home country by allowing them to undercut prices charged for goods manufactured abroad. Many simple partial equilibrium models (e.g. Shapiro) predict an increase in the value of the home country firm in response to a real drop in the value of the home currency. Economic theory suggests that under a floating exchange rate regime, exchange rate appreciation reduces the competitiveness of export markets; it has a negative effect on the domestic stock market. Conversely, if the country is import denominated, exchange rate appreciation may have positive affect on the stock market by lowering input costs. Problem statement As economic integration and globalization have been increasing year by year, exchange rate movements have become very important source of risk for financial firms as well as non-financial firms. Also, the internationalization of capital markets has resulted in inflow of vast sums of funds between countries and in the cross listing of equities. This has therefore made investors and firms more interested in the volatility of exchange rate and its effect on stock price and stock market volatility. According to Yucel and Kurt (2003), floating exchange rate appreciation reduces the competitiveness of export markets; and has a negative effect on share prices as well as the domestic stock market. On the other hand, for import dominated country, it may have positive effect on the stock market by lowering input costs. Malaysia presents an example of an open economy which engages in international trade with several countries and hence susceptible to foreign exchange rate volatility. Malaysian exchange and trade system have been liberalized for many years. Malaysia now follows a floating exchange rate policy. Malaysian economy has been suffered from Asian financial crisis 1997 and World financial crisis 2008. As a result volatility in foreign exchange rate and deviation from purchasing power parity might become persistent in the economy. Most of the firms operating in Malaysia are affected in many ways from these economic conditions. The firms have faced higher business risk and foreign exchange risk. However, empirical evidence on the influence of foreign exchange market volatility on stock market is largely inconsistent. These have been in the contest of developed economies. Mishra (2004) found no theoretical consensus on the interaction between stock prices and exchange rate. However, Solnik (2000) argues that there is a negative correlation between stock market and local currency. The openness of a countrys economy is recognized as a cause of volatility of its market. Malaysia presents a classic example of an open economy which engages in international trade transaction. Moreover, with advert of globalization, developing economies are becoming more integrated into developed economies as the results of increasing flow of imports and exports. Malaysia is not an exception. A cursory examination of foreign exchange rate history in Malaysia shows some considerable level of volatility. Therefore, it would be interesting to explore the effect of its foreign exchange volatility on cash flows as well as stock prices of its non-financial companies. Again, much work on the effect of the exchange rate volatility in the developing country like Malaysia has not been done. Thus, for that reason the study intended look at the effect of foreign exchange exposure on companies cash flows and stock prices in Malaysia. Research objectives Objective of the current research is to determine whether cash flows and stock prices of companies are affected by exchange rate exposure. This research project attempts to assess the economic exposures of the firms chosen from the Bursa Malaysia Main market. The issues are important for investors as well as corporate risk management. To examine the relationship between cash flows of the companies and exchange rates; To examine the relationship between stock prices of the companies and exchange rates; To determine which currencies have major influence on the companies cash flows? To determine which currencies have major influence on the companies stock prices? Research questions The research aims to find answers to the following questions: Whether cash flows of the companies exposed to exchange rate risk? Whether stock prices of the companies exposed to exchange rate risk? Which currencies have major influence on the companies cash flows? Which currencies have major influence on the companies stock prices? Significance of the study The estimation of exchange rate exposure is a relatively new area in international finance. After 1973, managers and economists become more concerned about the exchange rate fluctuations on firms. Also, for the past decade, researchers have been empirically investigating the exchange rate exposure of the firms. Following Adler Dumas (1984) most of the research measures the exposure as the elasticity between change in firm value and exchange rate. Empirically, this exposure elasticity is obtained from a regression of stock returns on an exchange rate change (Bodnar Wong, 2000). In practice, there is little general agreement on the use of appropriate choice of ‘‘aggregate measure. In this research project it is focused on the impact of economic exposure of Malaysian firms values. Corporate managers will also be interested in the exposures of corporate cash flow measures such as sales, operating cash flow and earnings for reasons of corporate planning and risk management. Scope of the study The current study one of the new studies in international finance and risk management. In general, the research will assess the economic exposures for the companies listed in Bursa Malaysia Main Market from the years 2000 to 2008. For the research, first, all sample companies stock returns will be regressed on exchange rate change and market return. In the second step, companies will be examined according to one specific character, which is export volume. LITERATURE REVIEW Introduction It is also noticeable whether the firms cash flows are sensitive to exchange rate movements. Perhaps we should also point out the fact that Grambovas and McLeay (2006) are convinced that empirical analysis confirm that currency fluctuations may affect firm values, especially with consideration to the influence of foreign exchange rate movements on the firms cash flows and their accounting earnings, and on their stock prices. Previous literature Miller Reuer (1998) conducted a study on the implications of differences in strategy and industry structure for firms economic exposures to foreign exchange rate movements. According to their results, 13-17 % of US manufacturing firms exposed for foreign exchange rate movements. Also they indicated that foreign direct investment reduces economic exposure to foreign exhange rate movements. Martin and Mauer suggest that economic exposure, which typically has a longer-term time dimension, encompasses the competitive and indirect effects of exchange rate risk. Many academics such as Hodder (1982), Marston (2001) Pringle (1995), Shapiro (1975) and von Ungern-Sternberg von Weizsacker (1990) argue that unlike transaction exposure, economic exposure can affect even domestic firms. Economic exposure arises from changes in the sales prices and volumes, and the cost of inputs of the firm and its competitors as a result of exchange rate changes. Miller Reuer (1998) and Sundaram Black (1992) argued that geographically positioning production, sales, sourcing, and financing operations is effective for reducing economic exposure. Glaum, Brunner and Himmet (2000) examined the economic exposure of German corporations to change in DM/US dollar exchange rate. They found that German firms are significantly exposed to changes in DM/US dollar rate. Several studies focused on the some companies and they demonstrated that exporter firms stock values are more sensitive to change in foreign exchange rates (Mao and Kao, 1990; Bortov and Bodnar, 1992). The study by SÃ ¶hnke M. Bartram (2007) found significant exposure of several firms to at least one of the foreign exchange rates, and significant exposures found by them were more frequent at long-term horizons. They also argue that the impact of exchange rate risk on share prices and cash flows is similar and determined by a correlated set of economic factors. Moreover, Dominguez and Tesar (2006) found that exchange rate movements do matter for a significant fraction of firms, though which firms are affected and the direction of exposure depends on the specific exchange rate and varies over time, suggesting that firms dynamically adjust their behavior in response to exchange rate risk. Exposure is correlated with firm size, multinational status, foreign sales, international assets, and competitiveness and trade at the industry level. Martin and Mauer (2003) pointed out that cash flow effects are greater for long-term lags than for short-term lags in exchange rate movements. This result may occur because transaction exposure is easier to assess and hedge, whereas economic exposure is more difficult to recognize and hedge. While Bartram (2007) suggests significant exposure of several firms to at least one of the foreign exchange rates such as CAD, JPY and EUR, and significant exposures determined by Bartram (2007) were more frequent at long-term horizons. The percentage of firms observed for which stock price and earnings exposures were considerably different was relatively low, though it increased with time horizon. Finally, he was convinced that the impact of exchange rate risk on stock prices and cash flows is similar and determined by a related set of economic factors. Batram and Karolyi (2006) took a new look at the exposure puzzle by studying the potential impact of the introduction of the Euro on stock returns of 3,220 non-financial firms from 20 countries. Their findings suggest that the introduction of the Euro decreased foreign exchange rate exposure, but these changes are statistically and economically small. According to Tesar and Dominguez (2006), factors such as firm size, multinational status, foreign sales, international assets, and competitiveness and trade at the industry level may influence economic exposure of the companies. These factors may either increase the companies economic exposure or decrease. These factors influence on the companies economic exposure will depend on how significantly these factors are correlated with the companies cash flows and operations, and if there are significant correlation between them, we should also point out whether these significant correlations are positive or negative. Empirical analysis by Grambovas and McLeay (2006) confirmed that exchange rate fluctuations will affect firm values, especially with regard to the influence of exchange rate movements on the cash flows and accounting earnings of companies with international exposure, and on their stock prices. Recent studies by Priestley and Odegaard (2007) studied the exchange rate exposures by orthogonalizing the market returns with respect to changes in exchange rates and a set of macroeconomic factors. Their findings suggest that the extent of exposures is only fully exposed when it is subdivided the sample period into regimes and at the same time used an orthogonalized market portfolio in the regression. Batram and Karolyi (2006) studied the exposure puzzle by looking at the potential impact of the introduction of the Euro on stock returns of 3,220 non-financial firms from different 20 countries. It was found that the introduction of the Euro had decreased foreign exchange rate exposure, but the changes were statistically and economically very small. However, Bae, Kwon, and Li (2008) having studied the exchange rate exposure and risk premium by using data on American depositary receipts (ADR) of Australia, France, Japan and the U.K., found that changes in the exchange rates were negat ively correlated with the underlying shares of ADRs, but they were positively correlated to ADR returns observed in the U.S. markets. Moreover, they discovered that U.S. and local investors require different risk premiums for exchange rate risks presented in ADR investments. Griffin and Stulz (2001) found weak evidence of statistically significant exchange rate exposures, and the economic significance of the estimated exposures was low. A first main study of the foreign exchange exposure fact done by Jorion (1990) found a significant impact of foreign exchange rate risk on share prices for 5.2 percent of the analyzed 287 U.S. MNCs at the 5 percent level. Choi and Prasad 1995 developed a model and examined the exchange rate sensitivity of 409 US multinational firms. Their findings indicated that change in exchange rate affected firm value. They found that 60 percent of firms had significant exchange rate exposure. In their study, Choi and Prasad (1995) found that 14.9 percent of the individual firms in the U.S. and 10 percent of the industry portfolios showed a significant exchange rate exposure at the 10 percent level, corroborating earlier findings. Domely and Sheehy (1996) found contemporaneous relation between the foreign exchange rate and the market value of large exporters in their study. Comparable results were found outside the United States by He and Ng (1998). For instance only some multinational companies in Japan (26.3% and 53.8% for different time periods) showed a significant exchange rate exposure with regard to a multilateral exchange rate index. Some studies look into the exposure of industry portfolios in several countries, there were found percentage yields of companies with significant exposure of 15% (United States), 4% (Japan) and 6% (United Kingdom) by Prasad and Rajan (1995), or 23% (United States), 21% (Canada) and 25% (Japan) by Bodnar and Gentry (1993) at the 5% level. Study by Bartram and Karolyi (2006) suggests that the FX rate exposure of non-financial firms is systematically linked to firm characteristics such as sales, the percentage of foreign sales in general and in Europe in particular, regional factors like geography, strength of currency and industry characteristics like competition, traded goods. Study examined by Allayannis and Ihrig ( 2001) speak about stock price exposure to international trade activities of U.S. industries, and Bodnar et al. (2002) mention the significance of pass-through for exposure. Moreover, Starks and Wei (2004) found that the scale of exchange rate exposure is linked to proxies for probabilities of financial distress, product uniqueness and growth opportunities. However, the evidence of corporate foreign exchange rate exposures on a cash flow basis is very thin and inadequate to individual case studies. Garner and Shapiro (1984) investigated the foreign exchange rate exposure of Vulcan Materials Company by regressing changes of its quarterly operating cash flows on changes in the exchange rate of USD against GBP, and showed only small and statistically irrelevant foreign exchange rate exposures. Moreover, Oxelheim and Wihlborg (1995) use quarterly changes of total cash flow, commercial cash flow and sales revenue as dependent variables in the exposure analysis of Volvo Cars. Results by Oxelheim and Wihlborg (1995) indicate that the financial situation of the company reduces exposures with regard to changes in the DEM/SEK exchange rate only to a modest degree. One more study by Bartram (2005) investigated the exposure of a large nonfinancial company based on proprietary internal as well as external capital markets data. Analysis by Bartram (2 005) illustrated that the irrelevance of foreign exchange rate exposures of wide-ranging performance measures such as total cash flow and/or share price can be explained by hedging at the company level. Several studies focused on the some companies and they demonstrated that exporter firms stock values are more sensitive to change in foreign exchange rates (Mao and Kao, 1990; Bortov and Bodnar, 1992). In the most of the studies foreign exchange exposure was measured by regression analysis by using stock returns. Adler and Simon (1986) measured economic exposure as the slope of stock return on exchange rate change. Jorions (1990) model was established by adding the return of the market to control for market movements. As Jorion, Booth and Rotenberg (1990) and Bodnar and Gentry (1993) examined economic exposure with market return, Miller and Reuner (2000) estimated economic exposure by multivariate modelling approach. They applied three-currency model, also add some specified macroeconomic variables such overall stock market return and interest rates. Flanney and James (1984) and Sweeney and Warga (1986) also used interest rates in their models. Doneely and Sheehy (1996) formed a porfolio with 39 companies, and examined the relationship between abnormal return on exporting firms portfolio and return on sterling. Khoo (1994) estimated mining companies economic exposure by using excha nge rates, interest rates and price of oil. METHODOLOGY 3.0. Economic Exposure Measurement In order to measure Malaysian companies economic exposure I decided to follow Adler Simon (1986) model. I will measure economic exposure as the slope coefficient from a regression of stock returns on exchange rates. R it = ÃŽ ±i + ÃŽ ²i et + eit (1) ÃŽ ±i = constant term R it = Stock return for company i. et = Percentage change in exchange rate The coefficient ÃŽ ²i represents the sensitivity of a company is stock returns to exchange rate movements. In the model exchange rate quotation is direct quotation for Malaysia. In other words it is shown as MYR per one unit of the foreign currency. Positive value of ÃŽ ²i means that a depreciation of MYR corresponds to an increase in the value of company i. In the study, I will apply another model as Jorion approach. Jorian introduced another macroeconomic variable market return to control for market movements. To control for the ‘common macroeconomic influences on total exposure elasticities; most emprical studies include the return to a market portfolio with the exchange rate variable in their emprical models (Bodnar Wong, 2000). R it = ÃŽ ±i + ÃŽ ²1i et + ÃŽ ²2i Rmt + eit (2) ÃŽ ±i = constant term R it = Stock return for company i. et = Percentage change in exchange rate Rmt = Market return Ordinary least squares regression was used to estimate models. Exchange rate movements can be measured in nominal or real terms. Real movements are defined as nominal movements adjusted for price level changes across countries. In some studies (Khoo, 1994; Bodnar and Wong, 2000), since real and nominal exchange rates are highly correlated both or one of them are used. Also in some studies trade weighed foreign exchange rate used. The exchange rate used in the study is real effective exchange rate, which is calculated by the Bank Negara (Malaysian Central Bank). The market index I employ will be FTSE Bursa Malaysia Mid 70 Index. In both model, it will be focused on individual firm value. Choi and Prasad (1995) state that examining exchange rate risk on aggregate level, on portfolio or market index, may not reveal the true exchange risk sensitivity of firm value. They claim that a firm level study is necessary to understand whether and why individual firms display varying sensitivity to exchange risk. I follow their approach in my analysis. 3.1. Data In order to examine Malaysian companies economic exposure, I constructed a sample. Sample companies stocks are publicly traded in FTSE Bursa Malaysia market. Only medium and big sized companies will be included. It will be used monthly data to estimate exchange rate sensitivity of the equity for the period from January 2000 to December 2008. Sample companies economic exposure will be examined in two steps. First, all sample companies stock returns will be regressed on exchange rate change and market return. In the second step, companies will be examined according to one specific character, which is export volume. The companies will be divided into two: exporter and non-exporter firms. It will be identified companies as an exporter company, if their foreign sales level is at least 20% of total sales in 2000. Individual stock returns for companies and FTSE Bursa Malaysia market return data will be collected from Bursa Malaysia sources and DataStream in UUM Library.

Emotion and Intellect in the Works from Terezin Essays -- Holocaust Li

Emotion and Intellect in the Works from Terezin In the quote opening Art Speigelman’s Maus: A Survivor s Tale. I: My Father Bleeds History, Adolf Hitler expresses his urge to rob the Jewish people of their humanity: The Jews are undoubtedly a race, but they are not human (9D). Hitler’s quote begs for a response What makes one human? Many scholars and scient ist would argue that it is t he ability to think and reason t hat defines the human species. I would argue that it is a combination of the ability to reason with the ability to feel. In Elie Wiesel s Night, it is his passionate anger at his spirituality alongside his intellectual struggle with that spirituality that screams out his humanity: What are You, my God, I thought angrily, compared to this afflicted crowd proclaiming to You their faith [. . .] (63). In the range of Holocaust literature, there is a range of emotion mixed with intellect, and this combination creates a picture of human beauty. One can witness this range in Wiesel s anger and disillusionment (62, 63) and in Speigelman s father s love and frugality (157). It is the ability to think about and feel something towards one s situation that makes one human. In the painting Sailboat (56-57) and the poem Birdsong (80-81) fro m the collection I Never Saw Another Butt erfly: Children s Drawings and Poems from Terezin Concentration Camp, 1942-1944, one can see how a range o f emotions combined with reason creat e an undeniable portrait of humanity. In Sailboat an anonymous child artist expresses both emotion and intellect through color choice and subject matter (56-57). The artist portrays night as a black abyss followed by a teal-gray sky dotted w... ...r Saw Another Butt erfly: Children s Drawings and Po ems from Terezin Concentration Camp, 1942-1944. Ed. Hana Volavkova. 2nd ed. New York: Schocken Books, 1978. 56-57. Spiegelman, Art. Maus: A Survivor s Tale, I. My Father Bleeds History. New York: Pantheon Books, 1986. Stargar, Nicholas. Children s Art of the Holocaust. Past & Present. Nov. 1998. Electronic. Expanded Academic Index ASAP. 10 February 2001. Weil, Jiri. Epilogue. I Never Saw Anot her Butterfly: Children s Drawings and Poems from Terezin Concentration Camp, 1942-1944. Ed. Hana Volavkova. 2nd ed. New York: Schocken Books, 1978. 101-104. Wiesel, Elie. Night. New York: Bantam Books, 1982. Weissova, Helga. Lights Out. I Never Saw Another Butt erfly: Children s Drawings and Poems from Terezin Concentration Camp, 1942-1944. Ed. Hana Volavkova. 2nd ed. New York: Schocken Books, 1978. 22, 24.

Civil Disobedience: The Curious Case of Edward Snowden :: Civil Disobedience

More than six months after first sending shockwaves through the world, Edward Snowden is alive, not imprisoned, and still making daily headlines. A former National Security Agency contractor, Snowden was responsible for revealing to the American public the existence of enormous, secret governmental surveillance programs, tactics that irrefutably border unconstitutionality. He gave up his freedom and ultimately his way of life in revealing how the NSA was harvesting and storing global phone records and text messages, the majority sent by ordinary American citizens. Snowden voluntarily broke the law and publically took credit for his leaks, rallying behind his core belief that mass surveillance undermines the fundamental right to privacy. He felt obligated to warn his fellow countrymen that their freedom â€Å"to speak and to think and to live† was potentially being threatened, and was thus compelled to release the classified information to which he had access to, regardless of consequences. Believing that he had â€Å"done nothing wrong,† he maintains that it was absolutely necessary to inform the public that they were being victimized. While he acted alone, Snowden hopes that his actions will encourage a larger movement amongst the populace, especially other technologists, to pressure the government into reconsidering its national security platform. An essential feature of civil disobedience is nonviolence, a factor that Snowden and King similarly endorsed. Both assumed activist roles and looked to bring nationwide attention to their causes, but in no way did they promote an outbreak of violence, which they felt would prove detrimental. However, this did not stop the two from knowingly breaking the law, as each maintained that they possessed the right to defy authority due to the obvious presence of social injustice.

EDU 330 Special Education Foundations and Framework Benchmark Assessment Essay

The Individuals with Disabilities Education Act (IDEA) has granted that placement options be available to better meet the needs of students. (Classroom Leadership, 2001) To better meet these requirements, educators have strived to make every effort to place students with and without disabilities in environments where they can learn, grow, and be successful. Each student is placed according to their individual needs, abilities, qualities, and level of services needed. Placing students in their correct environment is essential for obtaining a quality education. Today, there are many resourceful classrooms that are aimed at the specific abilities and disabilities of students. In these types of classrooms, students are better equipped to get the help they need. There are also related services within the school and the community that are aimed at offering support to families with disabilities. When students are placed in the correct environments, teachers can strategically help connect students and their families to these resources, and also integrate assistive technologies into the curriculum to support student learning abilities. When it comes to effectively placing student’s collaboration is key to assessing the type of environment that is presumed to be best for students. Educational environments affect teaching and learning, therefore the classroom environment must be designed to support the individual needs of students. A few types of classroom environments used in K-12 education include inclusion, self-contained, and resource rooms. The inclusion model allows students to participate in regular educational settings, and receive supported help by the inclusion teacher therein. The inclusion model is essential for increasing social  networking skills, developing behavior and academic skills through peer role-modeling, improving student achievement of IEP goals, and helping students acquire skills with the general education curriculum. The inclusion model is great for students who have mild learning disabilities, and those who are progressing consistently to a degree, where little or no help is needed. Based off of the student’s unique needs, the inclusion model is a great teaching environment, along with the self-contained education environment. In the self-contained classroom environment, students with disabilities are granted the  ability to receive much more one-on-one help given their unique disabilities. In this type of setting, educators receive additional specialized training to be able to aid students in making learning a success for students with disabilities, who are not able to participate in regular educational classroom settings. Students who learn at a slower pace, as a result of a learning disability, or uses modifications to lessons to acquire learning, a self-contained classroom may be beneficial. Nonetheless, resource educational environments may aide this same situation. In many cases, If a student is not mobile (using a wheelchair), have  severe disabilities like severe cerebral palsy, it may be beneficial to the student to participate in a resource classroom environment. Resource classroom environments focus on the student’s direct disability based on their IEP. They are potentially designed to be smaller for students to be able to get the one-on-one help they need yet still experience the social interaction with peers. Given the types of educational settings that were previously discussed, in the case of Gabriel, a kindergartener who battles cerebral palsy and has limited mobility it is necessary to place Gabriel in a resource room, to receive exceptional academic  training. Because, Gabriel is tub fed and has to use a diaper it is easier for instructors of a resource room to provide him his necessary needs, as they focus directly on the direct disability of students. Furthermore, it is concluded that Gabriel may not succeed in a regular educational setting, or a self-contained classroom setting because of his verbal inability. Although, he is able to communicate through a few eye movements, it is not enough to gain the benefits of a self-contained classroom, a regular education classroom, even though inclusion models. It is the  opinion of the author that Gabriel will better succeed in a resource room, where he will receive additional resources as physical therapy, to help him gain muscle strength to grasp things and even a speech therapist to help him gain control over his vocals. When it comes to exceptional education, there are many different related resources for students inside, and out of the school system. As for Gabriel, cerebral palsy or CP can mean life-long treatment. Generally, CP patients require 24-hour care. Therefore, in Gabriel’s case, eating, breathing, and moving freely can be a  challenge especially when trying to live independently, or study independently in an inclusion classroom, or self-contained environment. For this reason, educators may want to consider other related services, or services to assist their students with severe disabilities. Although, student have disabilities educators are still required to utilize these related services in order to provide those students with the best education possible. Most services are available to children in the public school system. While others can be accessed in the local community. However, there are related services abroad for students in public,  private, early education and head start school systems. Related services, in the terms of the educational setting of choice, calls for the special education classroom to utilize resources as assistive technology devices like wheelchairs, much physical therapy, and speech and language pathology services. Individuals who work to develop speech abilities in students who have communication impairments can effectively provide treatment to students like Gabriel, by showing them how to communicate with others. Furthermore, it is also beneficial to provide students like Gabriel with a physical therapist, who can work  through movement to help gain muscle control and movement. Nonetheless, teachers strive to develop independency in students of this type of educational setting, by providing assistive technology to encourage independent learning. Assistive technology for advancing communication with nonverbal students is made possible through devices, such as the DynaVox. This device can also be used to assess students like Gabriel to ensure they are understanding simple communication skills. Given the student’s abilities, it is necessary for educators to plan lessons and activities using a student’s IEP goals as guidelines. Then, during instruction time use many visuals and demonstrations, and even prompt the students for feedback. Moreover, in situations like Gabriel’s it is essential to students to use the co-teaching model To conclude, each type of educational setting discussed have significant roles in providing exceptional educational outcomes for students with disabilities. Whether a student is receiving training through inclusive model learning, self-contained strategies, or resource models of learning students are capable of receiving exceptional learning abilities and skills to build off of. It is a given, that all  types of educational settings has its pros and cons. However, it is believed that each type of environment has is benefits to support students in individual development. References Classroom Leadership (2001) Resource vs. Inclusion Classrooms; which is best for Students? Retrieved 8/17/14 from http://www. examiner. com/article/resource-vs-inclusion-classrooms-which-is-be st-for-students Council for Exceptional Children, (2014). Special Education Professional Ethical Principles and Practice Standards. Retrieved from http://www. cec. sped. org/Standards/Ethical-Principles-and-Practice-Standards.