The Relevance of the Capital Asset Pricing Model to a Company Seeking Essay

The Relevance of the Capital Asset Pricing Model to a Company Seeking to Evaluate its Cost of Capital - Essay Example The Capital Asset Pricing Model was devised by William Sharpe to calculate as well as explain â€Å"†¦the expected rate of return on an asset †¦ (that) †¦can be written as the risk-free rate of interest plus the asset’s normalized covariance with the market times the difference between markets expected the rate of return and the risk-free rate† (Milne, 1995, pp. 5-6). Under financial theory CAPM is a model that shows assets returns concerning principle in conjunction with econometric models (Milne, 1995, pp. 5-6), and is represented by the following formula (Burton, 1998, pp. 21-22): CAPM is calculated using the beta as it provides a measurement of a stock's volatility in terms of its movement comparison with the overall stock market (Burton, 1998, pp. 21-22). The above means that when a company’s share price moves in tandem with the market, with the beta of a stock is represented by 1 and a 15% movement indicated as 1.5 (Burton, 1998, pp. 21-22). Foster (1986, p. 337) provides a summary of the two assumptions present in the Capital Asset Pricing Model as represented by â€Å"1. Two statistics, the mean and variance, are sufficient to describe investor preferences over the distribution of future returns on a portfolio. 2. Investors prefer higher expected returns to lower expected returns for a given level of portfolio variance, and prefer lower variance to higher variance of portfolio returns for a given level of expected returns". Corporate finance managers utilize CAPM to determine the estimated discount rate that is connected to a project under consideration (Ferran, 1999, p. 12). In conjunction with the foregoing, CAPM is used as a means to measure the systematic risk present in equity investment projects (Megginson, 1997, Pp. 107-123).  

Costs of residential photovoltaic solar electricity Essay Example for Free

Costs of residential photovoltaic solar electricity Essay Abstract Now a day’s electricity is more important concern. We use a lot of home appliances which is operated by electricity but electricity we use; it is costly and not available every where. As we know sun is the source of energy, the energy which provided by the sun, less in cost, mostly available every where in abundance.  Ã‚   Where electricity is not available in that case electricity generation by using solar energy can solve our problem but the main problem is that before apply such a technique, we familiar with installation cost, its limitation, uses etc. In this paper I want to focus our attention Costs of residential photovoltaic solar electricity with battery storage and its installation. Costs of residential photovoltaic solar electricity with battery storage   Sun is the most imp energy source of energy. Energy which is finding from sun is almost free of cost, pollution free and most abundant in nature. The generation of electricity from solar energy is one of the best uses of unconventional energy resources. We can generate electricity from solar energy by two ways one by used to photovoltaic technologies other by used to solar thermal technologies. Photovoltaic cell is the most important means for electricity generation; we use photovoltaic generated power because it is very reliable, low operating and construction cost and pollution free, so its use increases day by day. There are around thirties different devices used now a days. We store this electrical energy in the battery bank. There are around 400,000-800,000 photovoltaic systems operating worldwide its typical size varies from 50 watt to 1 kilowatt (kW) for stand-alone systems with battery storage and small water pumping systems; its cost varies according to use of photovoltaic panel, the average cost of approximately US$4 per watt. Its approx cost for 5000/kw photovoltaic module is $2600 and for photovoltaic system approx 7000/kw is $4700.to accurate measurement of the cost it is necessary we compare it from other energy resources with all aspects. We use photovoltaic module less than 10kw and it is increases according to use. In the beginning the installation cost is much but if we compare it from other resources it is cheaper to use as in the village where no electricity or it may have, the photovoltaic technology provide direct electricity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   So the electricity generation by photovoltaic solar panel is cheaper than other electricity generation if we compare it for all aspects.   References:   Gupta, D., Mishra, V. (2005) Energy Ecology, Environment and Society. India.    Joshi, J.C., (2007-08) Research and Development. India. Hurricane, G., (2007-08) PV- An edge over other energy forms, article on PV.

Patricia J. Williams Essay -- Patricia Williams Law Society Essays

Patricia J. Williams While most pundits of America's social and political discourse are either beating dead horses or tilting at windmills, Patricia J. Williams seeks out the racist, sexist, heterosexist, and classist forces that underlie a number of socio-political pathologies. Williams' regular Nation magazine column, "Diary of a Mad Law Professor" is curious in that it often evokes visceral negativity in casual readers. It certainly affected me that way. At first it was difficult to get beyond the name of her page; thumbing through each issue I sheepishly wondered what this crazy lady would get bent out of shape about this week. Though I generally agreed with her ideas, it struck me that Williams was too radical (as if there really is such a thing in a mainstream media culture that chooses to wear blinders). Williams vigorously uproots conventional wisdom as she strips away the "rich-white-male"-centric viewpoint; power and a voice are given to those who simply are acted upon. Like Howard Zinn who has promoted a view of history through a populist lens, Patricia Williams promotes a viewpoint that examines and judges the treatment of the marginalized. Williams is clearly not the only contemporary essayist with a broad-minded viewpoint on social issues. Katha Pollitt, E.L. Doctorow, Gore Vidal, and Alexander Cockburn, among many others, are similarly progressive in their opinions on society, politics, and culture. Williams, however, has a modified gestalt upon which her liberal commentary about socio-political affairs is based. The way in which the mechanics of society can be explained is a relationship of dominance and submission, a pornographic association. As described in "Clarence X", pornography, on a level greater ... ...aracterization like the Nutty Black Feminst Ultra-Liberal Professor. The key to accessing Williams is the key she teaches us for accessing a more equal society: a society in which pigeon holes are eliminated, since clearly, neither we nor Patricia Williams can be so categorized without losing our humanity. Works Cited Williams, Patricia J. The Alchemy of Race and Rights. Cambridge: Harvard UP, 1991. "Clarence X," Rooster's Egg. 121-136. "Fire and Ice." Alchemy. 133-145. "A Hearing of One's Own." Rooster's Egg. 137-149. "Little House in the Hood." The Nation. 19 Jun 2000: 9. "Mirrors and Windows." Alchemy. 166-178. "The Pain of Word Bondage." Alchemy.146-165. "Racial Ventriloquism." The Nation. 5 Jul 1999: 9. "Radio Hoods." Rooster's Egg. 42-56. The Rooster's Egg. Cambridge: Harvard UP, 1995. "Teleology on the Rocks." Alchemy. 55-79.

The Characters’ Conformation to Social Restrictions in the stories The Gilded Six-Bits and The Waltz

In the stories The Gilded Six-Bits by Zora Neale Hurtson and The Waltz, by Dorothy Parker, the main characters find themselves acting under the tight social constraints that society projects on them. Their gender, race and class all dictate how they see themselves and how others see them, and therefore how they must act. Missie May, Joe and the narrator of The Waltz are all puppets to convention, although not always conscious of it. Through this essay I will demonstrate the social restrictions and rules that existed for people of color and women in the early 1900s, with evidence from the text. The Gilded Six-Bits is a moving story of frustration and greed. In the home of a poor young black couple in the southern states is where our scene takes place. As we find out, Missie May is an attractive black newly married homemaker who takes pride in her husband's hard work and in her own work around the house. Her husband who works at a fertilizer company adores her, and puts her on a pedestal and yet expects her to stay in her role as a subservient homemaker. As is demonstrated in the story, Missie May struggles with her social restrictions and expectations. Firstly, the color of her skin decrees of what class she is. She is of color, meaning she is lower than even the lowest white folk and also dictates what part of town she must live, at what level she must marry, and where she is to work, but most importantly, it defines how other (white) people treat her. Not only is Missie May black, but also a woman. This puts her at a double disadvantage, since even white women were still struggling to be recognized as valued human beings at this time. White women were just achieving the vote and had just finished proving to the world that they were valuable commodities, during the First World War, when they were made to do men's jobs to keep society going. Opinion of women at this time is very low. Women's main role was still to marry and have children. In The Gilded Six -Bits, the first example of role playing is during Missie and Joe's little game. Every Saturday Joe throws silver dollars onto the floor where Missie stands, and then she must catch him and go through his pockets to find the coveted candy kisses. This is a fun routine they go through every week when Joe is paid, and both parties look forward to it. Missie May goes through the motions of the game: â€Å"Nobody ain't gointer be chunkin' money at me and Ah not do 'em nothin',† she shouted in mock anger.† (p. 1439) Hence, the first role Missie plays is as a predator in a friendly game with her husband. Although society doesn't impose what she is supposed to do in that instance, it is her husband's expectations that are imposed on her. Joe insists on playing this game every week, and therefore she must play her character with him every time. Although it is ‘just a game', it is very representative of their relationship in that he requires her to take her role as he takes his. Next, we see Missie in her predictable role, as a wife and as a woman. We hear from Joe that â€Å"Woman ain't go no business in a man's clothes nohow. Go away.† (p.1440) And later he puts her in her place by denouncing the fact that she is hungry: † ‘You ain't hongry, sugar,' Joe contradicted her. Youse jes' a little empty. Ah'm de one whut's hongry.† Next, Joe gives Missie an order that insults her since she knows how to do her business: â€Å"Have it on the table when Ah git out de tub.† She resentfully comes back with her declaration that she is indeed an excellent wife: â€Å"Ah'm a real wife, not no dress and breath.† As you can tell, Missie accepts her role as a woman and as a wife, and also accepts her subservient role with her husband. She follows the guide lines he sets for her. An interesting observation is that the rules differ as soon as they enter the home. During their little game, Missie and Joe are equals, but as soon as they set foot in the home setting, Missie becomes servile and Joe becomes demanding. Joe is the hard working husband, who brings home the money and supports his wife. He treats his wife well, and ‘adores' her and yet expects her to be obsequious. â€Å"Ah'm satisfied de way ah is so long as ah be yo husband, ah don't keer bout nothing else.† (p.1442). He is proud that she is very attractive and treats her as an object and feels he owns her. â€Å"Ah ain't never been noewhere and Ah ain't got nothin but you.† (p.1441) Joe also feels the need to parade Missie around to show off what he's got: â€Å"Go ‘head on now, honey and put on yo' clothes. He talkin' 'bout his pritty womens – Ah want ‘im to see mine.† (p.1442) Another instance of keeping in the role of a lady is when Joe refuses to give Missie a second helping of the tater pone: â€Å"Nope, sweetenin' is for us men-folks. Y'all pritty lil frail eels don't need nothin' lak dis. You too sweet already.† (p.1440) I interpret this to mean he doesn't want her to take more because it isn't lady-like to have seconds and he wants her to keep her nice figure so he can show her off. His possessive attitude changes when he catches Missie May in bed with Otis D. Slemmons. His attitude towards her changes immensely. She no longer has ‘marital duties', but still must maintain the cleaning and cooking. This makes her more of a slave than a wife, because she is supposed to do these things as a wife, but once the intimacy is gone, what is left is the bare bones of being a wife, which is to cook and to clean for the husband. After she is caught in bed with Slemmons, Missie laments her loss of menial duties: â€Å"It was day. Nothing more. Joe wouldn't be coming home as usual. No need to fling open the front door and sweep off the porch, making it nice for Joe. Never no more breakfast to cook; no more washing and starching of Joe's jumper-jackets and pants. No more nothing, So why get-up?† (p.1444) I find it very interesting that as soon as her husband finds out about her affair, she mourns not the loss of trust, or ‘good times', but she mourns the work that she did for him. She laments that she can no longer serve him the way she used to. Missie May took her role as being a wife very seriously and when she thought there was no need for her ‘services' anymore, she decided there wasn't much to live for, which is quite shocking. Missie May was so involved in her role with her husband, that she had no other identity. â€Å"He had both chance and time to kill the intruder in his helpless condition – half in and half out of his pants – but he was too weak to take action. The shapeless enemies of humanity that live in the hours of Time had waylaid Joe. He was assaulted in his weakness. Like Sampson awakening after his haircut. So he just opened his mouth and laughed.† (p.1143) This last scene describes a time when Joe does not know how to act or what to do. There is not a specific protocol for poor blacks or rich whites of what to do when one catches one's wife cheating. He is not sure what he feels or whether to laugh or cry. He is not clear as to what his role in this situation is. Does he kill the intruder? Does he beat his wife? Joe is caught in a brutally complicated situation, where society has no specific guidelines to follow. Fortunately, Joe, being the good soul he is, hits Slemmons, and comforts his wife, not following convention in the least with those actions. The narrator in The Waltz by Dorothy Parker takes a humorous look at women's etiquette in society. The Waltz is about a woman who is trapped in the conventions of her high class society. She must conform to the ‘rules' of her status. In this case, she is asked to dance by a man whom she detests and does not want to waltz with. For pages, she condemns the man with whom she dances while outwardly ‘enjoying' herself. The narrator (whom we shall refer to as Mary) ironically points out how women are supposed to be passive and receptive to men. The rules of convention dictate that she must not only dance with him, but forgive his clumsiness and invite him to continue dancing with her, all the while, inside damning his every word and motion. â€Å"There was I, trapped. Trapped like a trap in a trap.† (p.1463) Although Missie May and ‘Mary' differ greatly in their social class and their race, they share a common bond of both being women in the early 1900s. Here we have Missie May, at the very bottom of the social totem pole, being a black woman, and then we have Mary, who is of the highest social ranking, and incredibly, both suffer from the constraints of society. In the next quotation, we see the two facedness of Mary; the contradiction between her thoughts and her actual speech: â€Å"Ow! For God's sake, don't kick, you idiot; this is only second down. Oh, my shin. My poor, poor shin, that I've had ever since I was a little girl! ‘Oh, no, no, no. Goodness, no. It didn't hurt the least little bit. And anyway it was my fault. Really it was. Truly. Well, you're just being sweet, to say that. It really was all my fault.' Die he must and die he shall, for what he did to me. I don't want to be the over-sensitive type, but you can't tell me that kick was unpremeditated†¦but when it comes to kicking, I am Outraged Womanhood. When you kick me in the shin, smile.† (p.1463) Mary apologizes profusely, and is always saving the man's embarrassment, always cradling the man's ego. This high-class woman is expected to stay mute about her opinions and stoop to pleasing the man. Even though she is not serving a man directly as Missie May serves Joe, Mary is in a sense serving under male society's laws. She serves men by not outwitting them, by not broadcasting her opinions and by ‘smiling'. Mary is just as servile as Missie May in that she obeys a man based society. The three characters discussed in this essay, from The Gilded Six-Bits and The Waltz, all deal with the challenges of their roles in society differently. Missie May accepts her role graciously, until she lashes out and has an affair, Joe gets caught in a moment when he does not know what to do, and therefore laughs, and ‘Mary' talks to herself, but never exposes her inner thoughts. No matter the class, race or gender they all found ways to cope with the roles society had imposed on them.

Lone Bather

The narrator described a boy who wished or longed to become a great swimmer. His bed became his pool. As he jumped to his bed, he feels like he was the greatest swimmer ever. He became a dolphin with a shoal using his thigh and flexible body. His imagination turned into reality as he closes his eyes and thinks of a swimming paradise. However, a dream is always a dream. The boy went back to reality as he heard someone threw a stone in his window. The first stanza of the poem seemed to be difficult because it shows abundant signs and symbolisms that readers could not thoroughly understand the topic of the poem or the attack of the author to the aspect of creativity and imagination. The most difficult part in this stanza is the first three lines – Upon the ecstatic diving board the diver, / poise for parabolas, let’s go / let’s go his manshape to become a bird. In the first read, I can say that I could not understand the scenario of the poem because of the complexities of the diving board for water and bird for air but after reading it many times, it simply represents the depiction of the boy imagining himself as a diver with a high jump like a bird before coming to the water pool. On the other hand, my favorite passage in this poem is in the second stanza – He rolls in his heap of fruit, / he slides his belly over / the melonrinds of water, curved and smooth and green. For me it illustrates the childish act of the boy as he imagines himself as a diver in a deep pool. His flexible body and astonishing moves give me an idea about the conviction of the boy to become a swimmer or it can also be seen as a frustration of thought as he wanted to pursue his dream. Work Cited Lone Bather. p.44

The Many Uses of Best

The Many Uses of Best The Many Uses of â€Å"Best† The Many Uses of â€Å"Best† By Maeve Maddox Besides its use as a simple adjective meaning,  Ã¢â‚¬Å"of the highest excellence, excelling all others in quality,† the word best serves as other parts of speech and occurs in many English idioms. As a verb, to best means to get the better of, get an advantage over, outdo; to outreach, outwit, circumvent. â€Å"Jack’s wife always bests him at bridge.† Best can be a noun. â€Å"Marilyn wanted nothing but the best for herself and her family.† As an adverb best modifies a verb. â€Å"All the boys are good at drawing faces, but James does it best.† Here are several common idioms that make use of the word best. The list is by no means exhaustive. best man: the chief male attendant who stands up for the groom at a wedding. With the advent of same-sex marriage, the term is beginning to lose its gendered meaning. the best people: people considered better than most, either because they come from old, established families, or because they possess superior moral qualities. â€Å"The best people possess a feeling for beauty, the courage to take risks, the discipline to tell the truth, the capacity for sacrifice.† Ernest Hemingway best boy: the principal assistant to the chief electrician in a film crew best seller: what every writer wants to have or to be. The term usually applies to a book or other product, but sometimes it stands for a best-selling author. (Yes, best-selling takes a hyphen.) second best: next in quality to the first. No one wants to be â€Å"second best,† but whether or not it’s a bad thing depends upon who or what is â€Å"first best.† For example, in the Forbes list of the richest people in the U.S., Warren Buffett is â€Å"second best.† His net worth of a mere $58 billion puts him in second place after Bill Gates. Gates has $72 billion. to do one’s best and to give it one’s best shot: both expressions mean â€Å"to do something to the best of one’s ability,† but they have differing connotations: â€Å"I always try to do my best.† (applicable to any situation) â€Å"I may not have time to pick up the laundry, but I’ll do my best.† (implies that the effort may be futile) â€Å"Everyone else in the contest has more experience, but I’ll give it my best shot.† (the odds of failure are greater than those of success.) to make the best of it: adjust to a bad situation. â€Å"The tornado destroyed our house, but we’ll make the best of it.† for the best: better than it seems or seemed at the moment. â€Å"His bride left him at the altar, but it was for the best because he met and married someone better.† the best of both worlds: a situation in which you can enjoy two very different things at the same time. Nina Dobev, who portrays both human Elena and her doppelganger, former vampire Katherine in [ The Vampire Diaries] said she gets the best of both worlds. Some â€Å"best† expressions are hyphenated: best-built best-aimed best-bred best-dressed best-kept best-laid best-managed best-meaning best-meant best-preserved best-intentioned best-natured best-tempered Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:7 English Grammar Rules You Should KnowHow to Play HQ Words: Cheats, Tips and TricksTypes of Ignorance

Salve Regina Admissions and Acceptance Rate

Salve Regina Admissions and Acceptance Rate With an acceptance rate of 68  percent, admissions at Salve Regina University are fairly open. Students with good grades and test scores are likely to get in. Those interested in applying to the school will need to submit an application (which can be filled out and submitted online), official transcripts of high school work, two letters of recommendation, and a personal essay. For more information about these requirements, be sure to visit the schools admission web pages. Also, if you have any additional questions, feel free to contact the admissions office at the school. You can calculate your chances of getting in with this free tool from Cappex. Admissions Data (2016) Salve Regina University Acceptance Rate: 68  percentTest Scores: Salve Regina is now test-optional)SAT score comparison for Rhode IslandACT score comparison for Rhode Island Salve Regina University Description Founded in 1947 by the Sisters of Mercy, Salve Regina University is a Catholic university with an attractive 80-acre waterfront campus in the Ochre Point-Cliffs National Historic District of Newport, Rhode Island. Students come from 35 states and 16 countries with about 15 percent coming from  Rhode Island. Undergraduates can choose from 46 majors among which professional fields such as nursing, business, and criminal justice are quite popular. Academics are supported by a 14 to 1  student/faculty ratio. In athletics, the Salve Regina Seahawks compete in the NCAA Division II Commonwealth Coast Conference for most sports. Football competes in the New England Football Conference. The university fields 19 intercollegiate varsity sports. Enrollment (2016) Total Enrollment: 2,746  (2,124  undergraduates)Gender Breakdown: 30  percent male / 70 percent female93  percent full-time Costs (2016-17) Tuition and Fees: $37,820Books: $1400 (why so much?)Room and Board: $13,650Other Expenses: $2,300Total Cost: $55,170 Salve Regina University Financial Aid (2015 -16) Percentage of New Students Receiving Aid: 99  percentPercentage of New Students Receiving Types of AidGrants: 99 percentLoans: 75 percentAverage Amount of AidGrants: $21,548Loans: $10,313 Academic Programs Most Popular Majors:  Accounting, Biology, Business Administration, Criminal Justice, English Communications, Marketing, Nursing, Psychology, Special Education What major is right for you?  Sign up to take the free My Careers and Majors Quiz at Cappex. Graduation and Retention Rates First Year Student Retention (full-time students): 82  percent4-Year Graduation Rate: 64  percent6-Year Graduation Rate: 68  percent Intercollegiate Athletic Programs Mens Sports:  Football, Ice Hockey, Soccer, Basketball, Tennis, Baseball, Cross CountryWomens Sports:  Volleyball, Track and Field, Basketball, Field Hockey, Cross Country, Lacrosse If You Like Salve Regina University, You May Also Like These Schools University of Rhode Island: Profile | GPA-SAT-ACT GraphBrown University: Profile | GPA-SAT-ACT GraphUniversity of New Haven: Profile | GPA-SAT-ACT GraphBoston University: Profile | GPA-SAT-ACT GraphAlbertus Magnus College: Profile  Quinnipiac University: Profile | GPA-SAT-ACT GraphLasell College: Profile  Endicott College: Profile | GPA-SAT-ACT GraphBoston College: Profile | GPA-SAT-ACT GraphSaint Anselm College: Profile  University of New Hampshire: Profile | GPA-SAT-ACT GraphCurry College: Profile   Data Source: National Center for Educational Statistics

How Honeybees Turn Nectar Into Honey

How Honeybees Turn Nectar Into Honey The sweet, viscous honey we take for granted as a sweetener or cooking ingredient is the product of industrious honeybees working as a highly organized colony, collecting flower nectar and converting it into a high-sugar food store. The production of honey by bees involves several chemical processes, including digestion, regurgitation, enzyme activity, and evaporation. Bees create honey as a highly efficient food source to sustain themselves year-round, including the dormant months of winter- human beings are just along for the ride. In the commercial honey-gathering  industry, the excess honey in the hive is what is harvested for packaging and sale, with enough honey left in the hive to sustain the bee population until it becomes active again the following spring.   The Honeybee Colony A honeybee colony generally consists of one queen bee- the only fertile female; a few thousand drone bees, which are fertile males; and tens of thousands of worker bees, which are sterile females.  In the production of honey, these worker bees take on specialized roles as  foragers  and  house bees. Gathering and Processing Flower Nectar The actual process of transforming the flower nectar into honey requires teamwork. First,  older forager  worker bees  fly out from the hive in search of nectar-rich flowers. Using its straw-like proboscis, a forager bee drinks the liquid nectar from a flower and stores it in a special organ called the honey stomach. The bee continues to forage until its honey stomach is full, visiting 50 to 100  flowers per trip from the hive. At the moment the nectars reach the honey stomach, enzymes begin to break down the complex sugars of the nectar into simpler sugars that are less prone to crystallization. This process is called inversion. Handing Off the Nectar With a full belly, the forager  bee heads back to the hive and regurgitates the already modified nectar directly to  a younger house bee. The house bee ingests the sugary offering from the forager bee, and its own enzymes further break down the sugars. Within the hive, house bees pass the nectar from individual to individual until the water content is reduced to about 20 percent. At this point, the last house bee regurgitates the fully inverted nectar into a cell of the honeycomb.   Next, the hive bees beat their wings furiously, fanning the nectar to evaporate its remaining water content; evaporation is also helped by the temperature inside a hive being a constant 93 to 95 F. As the water evaporates, the sugars thicken into a substance recognizable as honey. When an individual cell is full of honey, the house bee caps the beeswax cell, sealing the honey into the honeycomb for later consumption. The beeswax is produced by glands on the bees abdomen. Collecting Pollen While most foraging bees are dedicated to collecting nectar for the production of honey, about 15 to 30 percent of the foragers are collecting pollen on their flights out from the hive.  The pollen is used to make beebread, the bees main source of dietary protein. The pollen also provides bees with fats, vitamins, and minerals. To keep pollen from spoiling, the bees add enzymes and acids to it  from salivary gland secretions. How Much Honey Is Produced? A single worker bee lives only a few weeks and in that time produces only about 1/12th of a teaspoon of honey.  But working cooperatively, a hives thousands of worker bees can produce more than  200 pounds of honey for the colony within a year. Of this amount, a beekeeper can harvest 30 to 60 pounds of honey without compromising the colonys ability to survive the winter.   The Food Value of Honey A tablespoon of honey contains 60 calories, 16 grams of sugar, and 17 grams of carbs. For humans, its a less bad sweetener than refined sugar, because honey contains antioxidants and enzymes. Honey can vary in color, flavor, and antioxidant level, depending on where it is produced because it can be made from so many different trees and flowers. For example, eucalyptus honey may seem to have a hint of menthol flavor. Honey made from nectar from fruit bushes may have more fruity undertones than honey  made from nectars of flowering plants. Honey produced and sold locally is often much more unique in taste than honey manufactured on a huge scale and appearing on grocery store shelves, because these widely distributed products are highly refined and pasteurized, and they may be blends of honey  from many different regions.   Honey can be purchased in several different forms. It is available as a traditional viscous liquid in glass or plastic bottles, or it can be purchased as slabs of honeycomb with honey still packed in the cells. You can also buy honey in granulated form or whipped or creamed to make it easier to spread.   Bee Species All honey consumed by people is produced by only seven different species of  honeybees. Other types of bees, and a few other insects, also make honey, but these types are not used for commercial production and human consumption. Bumblebees, for example, make a similar honey-like substance to store their nectar, but its not the sweet delicacy that honeybees make.  Neither is it made in the same quantity because, in  a bumblebee colony, only the queen hibernates for the winter. About Nectar   Honey is not possible at all without nectar from flowering plants. Nectar is a sweet, liquidy substance produced by glands within plant flowers. Nectar is an  evolutionary adaptation that attracts insects to the flowers by offering them nutrition. In return, the insects help fertilize the flowers by transmitting pollen particles clinging to their bodies from flower to flower during their foraging activities. In this synergetic relationship, both parties benefit: Bees and other insects gain food while simultaneously transmitting the pollen necessary to fertilization and seed production in the flowering plants. In its natural state, nectar contains about 80 percent  water, along with complex sugars. Left unattended, nectar eventually ferments and is useless as a food source for bees. It cannot be stored for any length of time by the insects. But by transforming the nectar into honey, the bees create an efficient and usable carbohydrate that is only 14 to 18 percent water and one that can be stored almost indefinitely without fermenting or spoiling. Pound for pound, honey provides bees with a much more concentrated energy source that can sustain them through cold winter months.

La Vie Boheme Essay Example | Topics and Well Written Essays - 750 words

La Vie Boheme - Essay Example Popular consumption of music has long been influenced by the stage – but perhaps not more so than in the modern era of super-popular Broadway musicals. It is in some ways easy to dismiss such musicals as somewhat venal entertainment, more akin to Hollywood than Mozart, but their immense popularity demands that they receive some attention. Perhaps no musical has been as widely popular as Jonathan Larson’s magnum opus, Rent, and perhaps no song is more indicative of both that musical and the feelings that it inspires in its viewer than â€Å"La Vie Bohà ¨me,† an homage to Giacomo Puccini's opera  La Bohà ¨me, on which Rent was based. Songs in popular musicals often struggle with the blending of text and music; the text is often so important that music takes a back seat, or else an emotional moment of music is required, and text is written just to have something happening during that moment. I would argue, however, that â€Å"La Vie Bohà ¨me† effortlessl y combines both musical and textual elements to create a pleasing cocophony that relates intrinsically to the philosophical underpinnings of a Bohemian lifestyle. In short, it represents the certainty of death, the chaos of life, and Bohemianism as a response to simply having too little time on earth. Life and death are the central themes to this work, both textually and musically. The song begins with a character explaining that he had had â€Å"a death in the family,† his dog, â€Å"Evita† had died. He then goes on to explain how beautifully the neighborhood would change if people would give up their bohemian lifestyle. During this period the music is light, delicate, ordered and lively, with a high, major key melody played on a piano. He closes by telling the other characters that â€Å"Bohemia is dead.† This moment represents the first change between life and death that occurs in the work. The music then launches into a funeral dirge, with the character of M ark launching into a funeral sermon regarding the death of Bohemia. While he speaks, an interesting musical and textual event happens during the background. Two basses begin singing what sounds like a traditional funerary chant in Latin, which sounds almost like a Gregorian chant. A closer analysis of this chant will come later, but for the moment it serves to especially emphasize the deathly nature of the beginning of this song. As the sermon goes on, however, its mood shifts, the organ music finishes playing a minor key dirge, and opens into a major key melody. As this transition occurs, Mark almost seamlessly stops talking about death, and begins talking about birth, the birth of Christ. This transition wholly encapsulates one of the fundmanental aspects of Bohemian behavior – the recognition of death. Bohemians live with constant awareness of death – it is an awareness that spurs them on to live as fast and hard as they possibly can, to extract every ounce possible of experience out of life before it ends. The song then launches into a chaotic manifesto in defense of Bohemianism. While the opening clearly pushes one Bohemian theme, awareness of death as a cause for living in a Bohemian way, it also pushes another theme: conscious rejection of authority. The chant, which appeared to be Latin at first glance, helps develops these themes more fully. On a close inspection, only the first line, â€Å"Dies irae! Dies illa† or â€Å"Days of wrath and doom are coming† are Latin. Traditional words of death. The pair of basses then launch into a new language, Greek, keeping the same Gregorian style, â€Å"Kyrie, eleison† or, â€Å"Lord of have mercy† before closing in a final different language, but the same Gregorian style â€Å"Yitgadal v’yitkadash,† Hebrew meaning magnificent and sanctified. Firstly, using three languages demonstrates an awareness and expression of value of diversity – a theme that is more fully developed later in the song. But more importantly, the song thus smoothly connects Latin, Greek and Hebrew liturgy into a neat package, and

Conflicts in family course Essay Example | Topics and Well Written Essays - 2000 words

Conflicts in family course - Essay Example Addiction is a state comprising abnormally extended use of something and/or belief in something or in a particular idea (Duncan & Duncan, 1995; Califano, 2000, 15 Jan). Examples are addictions to drugs, particular behavior such as male chauvinism, and excessive passion for work and so on. While every person may have all the rights for the use, belief and passion for a particular phenomenon, in a family, addiction can go an extra mile of affecting relationships and perceptions negatively. It is important to note that all human beings have different tastes and preferences (Werner & Johnson, 2000). Family members are no exceptions here. For example, what a father is addicted to may become a nuisance to the rest of his family. Addiction for a particular phenomenon is a condition one is determined or must live with at all times whether it affects close family members or not. It therefore goes without saying that some of the family members may really feel offended. Rational family members who are thus offended react and respond by way of showing discontent and hatred to the behavior of the addicted member of the family (Califano, 2000, 15 Jan). But this presents a rather confusing scenario: some family members hate behaviors that are dear to other family members (Duncan & Duncan, 1995). At such a juncture, everything goes amiss – there inherently occurs conflicts of interests. The end product is total family conflicts and disconnections. The central issue as regards the presence of addiction cases in families is the basic aspect of a normal family (Werner & Johnson, 2000) – a family should remain a unitary entity with strong bonds and there should be no very wide boundaries between interests of individuals forming a family. Generally, I should think that each member in a particular family has his or her role to play in order to maintain family coherence. In other words, all family members complement each other when it

Strategies for encouraging reading for leisure-a plan for middle years Assignment

Strategies for encouraging reading for leisure-a plan for middle years of schooling age group - Assignment Example It shall also explain how each strategy will be implemented to the age group. The inclusion of each guideline or strategy shall be justified through evidence cited from course readings, professional lectures, and research. There are different factors affecting reading for leisure among middle-school age groups. These factors have to be considered before any plans can be formulated to engage students in reading for leisure. First and foremost, â€Å"an individual must possess the necessary reading skills and resources to comprehend the printed word† (University of Queensland, 2009). These basic reading skills will arm the student with knowledge in grammar and vocabulary in order to facilitate comprehension. Mental images can be easily drawn through printed words. The motivation to read will eventually contribute to each student’s engagement in the reading experience. Some students get easily engaged and can easily draw mental images of the things they read; however other students find it hard to imagine and picture images from what they read. They often prefer comic books or reading materials with illustrations where they do not need to imagine the events unfolding (University of Queensla nd, 2009). Another factor affecting reading for leisure among middle-school age groups is the fact that many of these students are already involved in other activities like sports, socialization, and school work. Many of them opine that they do not have to think when they watch television and therefore would rather watch TV rather than read for leisure. However, it is indeed undeniable how reading for leisure has benefitted those who apply it to their lives. They attest that they have gained more knowledge by reading, that they are more informed about the world and about the explanations behind concepts and natural events. Some authors bravely emphasize that

Management and Leadership Paper Essay Example | Topics and Well Written Essays - 250 words

Management and Leadership Paper - Essay Example The preceding statement in essence implies that managers are task oriented as opposed to leaders who are goal oriented. Another noteworthy difference is that managers believe in directing employees to get the work done while leaders believe in getting the work done by way of inspiring and empowering team members. To summarize it can be rightly said that managers are efficient whilst leaders are effective (Bertocci & Bertocci, 2009, p.9-11). Therefore cultivating leadership skills in managers will eventually lead managers becoming effective along with being efficient and the manager will ultimately have an edge as they will be able to foresee things and become long term planners. Once the manager acquires leadership skills he can help employees identify and set clear goals for better performance in the job. Manager can implement policies while a manager who has got leadership skills is able to not only implement but also frame policies for betterment of the team members in particular and the company in

The day that changed my life Essay Example | Topics and Well Written Essays - 500 words

The day that changed my life - Essay Example After finishing my classes, I intended to go and play with my friends as usual. However, my mother stopped me and said: â€Å"Son, you have to finish your homework first. If not, I will not let you go out and play with your friends!† After I heard my mom saying that to me, I gave up arguing with her. I walked to my room very slowly because I did not want to do the homework. I was angry and sad. I used my tears as a â€Å"weapon† against my mother. However, my mother was angry too so any â€Å"weapon† was useless. Because of my strong emotions, my mother locked me in my study room and took all toys and games away from me. Finally, I made a compromise with my parents. I started to do my homework. However, it was not easy to calm down when I just started doing my homework. I shouted, tore paper from the notebook and threw it everywhere to show my dissatisfaction. After these crazy actions, I was pacified. I went to the window and looked outside. I saw that many children were playing games; they were jumping, and running and laughing. When I heard them were laughing, I thought they were laughing at me. Suddenly, I said to myself, â€Å"why should I play with my friends before doing my homework first?† I spent a few minutes thinking about these questions, but I could not find the answers. I sat down and did my homework. I did not finish until it was dark outside. When I finished, my father came into my room and talked to me. He said, â€Å"if you want to have more time to play in the future, you have to finish your homework first. If you want to be a good student, and son, spend more time studying instead of playing.†Eventually, I found the answers I needed from my father’s conversation. The answer was that I wanted to be a good student and a good son. I realised that studying can make my parents happy and make them relax from their hard work. Since the day my father talked to me, I significantly changed my behaviour. I became a good student who likes to study.

Organisational Change and Leadership Essay Example | Topics and Well Written Essays - 3750 words

Organisational Change and Leadership - Essay Example Using the example of Property Services Agency privatisation already embarked upon in the United Kingdom, the report will review the issue of organisational change and leadership, while giving a thorough analysis of the agency, conducting empirical research of the problem within the limits of current time period, and in accordance to established legislation. The end of the report will identify the ultimate conclusions on the effectiveness of the privatisation processes for both, the government that has taken the object to its privacy, and for the object of privatisation itself that has either started to perform more successfully, or experienced to meet the downfall in its operational activity. When speaking of organisational change - n important tool in management that is aimed to provide sustainable development and constant growth, - it is worth to mention leadership which is vital quality of manager who is eager to come with the best solution and outcome for the planned change or innovation. Being a private organisation, PSA aims to provide, manage, maintain, and furnish the property used by the government, including defence establishments, offices, courts, research laboratories, training centres and land until restructure and organisational change have come into play and imposed PSA to government's privacy. Within the leadership literature, researchers have sought to identify and describe effective leadership from various perspectives. Universal theories proposed that the same leader traits (e.g., for a review, see Bass, 1990) or behaviors (e.g., Bowers & Seashore) create favorable results in all situations. An inability to consistently predict effectiveness (for a review, see Yukl, 1989) led to the development of situation-contingent theories. Researchers postulated that a leader's effectiveness would be moderated by situational variables that either intensified or decreased the effects of a leader's traits (e.g., Fiedler, 1967) and behaviors (e.g., House, 1971; Vroom & Yetton, 1973). Research testing the utility and predictive value of this real-trait, real-behavior research has produced mixed results ( Yuki, 1989). More recently, an alternative, cognitive-attribution approach has been developed to explain the link between leader performance and perceptual processes ( Lord & Maher, 1990). Research suggests that leadership perceptions, indeed, may often be based on both traits ( Lord, De Vader, & Alliger, 1986) and behaviors and events ( Calder, 1977; Meindl & Ehrlich, 1987; Meindl, Ehrlich, & Dukerich, 1985). Rather than attempting to understand a leader's effectiveness in terms of real traits and behaviors, however, this interpretation is based on observers' subjective realities, as described by more general accounts of person perception and information processing ( Lord, 1985) or attribution theory ( Calder, 1977). In other words, leadership is in the eye of the beholder. A leader may assert influence stemming from several different bases of power (e.g., French & Raven, 1959). The success or failure of an influence attempt depends, however, on whether the influence target actually accords such power to the leader. Without follower responsiveness, leader power is meaningless. The specific relationship between

The day that changed my life Essay Example | Topics and Well Written Essays - 500 words

The day that changed my life - Essay Example After finishing my classes, I intended to go and play with my friends as usual. However, my mother stopped me and said: â€Å"Son, you have to finish your homework first. If not, I will not let you go out and play with your friends!† After I heard my mom saying that to me, I gave up arguing with her. I walked to my room very slowly because I did not want to do the homework. I was angry and sad. I used my tears as a â€Å"weapon† against my mother. However, my mother was angry too so any â€Å"weapon† was useless. Because of my strong emotions, my mother locked me in my study room and took all toys and games away from me. Finally, I made a compromise with my parents. I started to do my homework. However, it was not easy to calm down when I just started doing my homework. I shouted, tore paper from the notebook and threw it everywhere to show my dissatisfaction. After these crazy actions, I was pacified. I went to the window and looked outside. I saw that many children were playing games; they were jumping, and running and laughing. When I heard them were laughing, I thought they were laughing at me. Suddenly, I said to myself, â€Å"why should I play with my friends before doing my homework first?† I spent a few minutes thinking about these questions, but I could not find the answers. I sat down and did my homework. I did not finish until it was dark outside. When I finished, my father came into my room and talked to me. He said, â€Å"if you want to have more time to play in the future, you have to finish your homework first. If you want to be a good student, and son, spend more time studying instead of playing.†Eventually, I found the answers I needed from my father’s conversation. The answer was that I wanted to be a good student and a good son. I realised that studying can make my parents happy and make them relax from their hard work. Since the day my father talked to me, I significantly changed my behaviour. I became a good student who likes to study.

How does the HR literature inform the recruitment process Essay

How does the HR literature inform the recruitment process - Essay Example This research will begin with the statement that Human Resource knowledge and literature contributes significantly to the recruitment process in organizations. Recruitment process involves activities conducted by the HR department to attract and screen new employees in the organization in order to introduce new talents in the organization who can fill various positions that the organization requires.   In the recent times integrated and advanced knowledge on HRM focuses more on the skills of different employees, job requirements, selection process, performance management, education, and development as well as training/learning culture and reward and pay system. These activities are critical in human resource programs and thus informing the recruitment process. The researcher has worked with the HR department previously and he has gained experience on there requirements of organizations on new recruits. The recruitment process should keep in line with the shift in technology and req uirements within the workplaces. Recruitment process involves various activities that are critical in human resources management in such areas as training, development, job requirements, applicant qualifications, decision-making, interviews and positions required. Recruitment is an important process where successful measures include thorough research on job requirements and conditions in the market, interviews and such tests like psychometric tests on the candidates where the potentiality of the candidate is determined.

Is Man Naturally Evil Essay Example for Free

Is Man Naturally Evil Essay Hsà ¼n Tzu says that man’s nature is naturally evil. Hsà ¼n Tzu wrote Man’s Nature is Evil in the year 300 BCE. Tzu thought that man’s nature is naturally evil and needs to be taught by a teacher to overcome this. He Mencius has not completely understood what man’s nature really is. Tzu also believes that if a man lacks something in himself that they go to look for whatever they lack in someone else. The last thing he talks about is how to differentiate between good and evil. Hsà ¼n Tzu’s belief that man’s nature is naturally evil is partially true, he does not believe in Mencius’s view whatsoever, Tzu believes that man looks for those attributes that he does not have in other people, and he also expresses the difference between good and evil. Tzu’s reasons apply to people in current day life because when people are born they do not know right from wrong, and I believe he is right when he says people look for attributes they lack themselves in others around them. Man’s nature is naturally evil according to Hsà ¼n Tzu; therefore man needs a teacher to guide him towards what is good. Tzu states in his writing, â€Å"A warped piece of wood must wait until it has been laid against the straightening board, steamed, and forced into shape before it can become straight; a piece of blunt metal must wait until it has been whetted on a grindstone before it can become sharp (pg. 101).† When Mencius is talking about this quote it means that a person does not start their life being the perfect human being. Everyone needs a teacher, leader, or mentor to show him or her the right and good way of doing things. When a person grows up without having some to look over them and guide them in the right direction they may start to go into the wrong direction. People need that mentor there to help them when they do not know what the right thing to may be. Then Hsà ¼n Tzu says, â€Å"Hence, today any man who takes to heart the instructions of his teacher, applies himself to his studies, and abides by ritual principles may become a gentleman, but anyone who gives free rein to his emotional nature, is content to indulge his passions, and disregards ritual principles becomes a petty man (pg. 101).† This statement by Tzu means that every man should listen to every word that his or her mentor gives them and never forget them. These words of advice that a person’s teacher gives them are going to help them achieve all of their goals for the rest of their lives. These wise  words from the mentors will make a man become good for the rest of their life. Hsà ¼n Tzu also states that if a man does not listen to the words of their mentor they will never be able to know what being good feels like. These people will live their entire lives going towards evil and will never be able to change it without the help of a mentor. I agree with Tzu on this topic because if it was not for our teachers and mentors people would be causing trouble all of the time. Hsà ¼n Tzu does not agree with Mencius’s thought on this subject matter. Tzu states that, â€Å"Mencius states that man is capable of learning because his nature is good, but I say that is wrong. It indicates that he has not really understood man’s nature nor distinguished between the basic nature and conscious activity (pg. 101).† Tzu explains basic nature as something that is just given to you by heaven when you are born. On the other hand, conscious activity is the things that are taught to people and that they learn from their mentors. The way Hsà ¼n Tzu explains basic nature and conscious activity is, â€Å"That part of man which cannot be learned or acquired by effort is called the nature; that part of him which can be acquired by learning and brought to completion by effort is called activity. This is the difference between nature and conscious activity (pg. 101).† Hsà ¼n Tzu speaks about how man does not have every quality, but he will strive to get as many qualities as he can no matter what the circumstances are. Tzu makes a statement that says, â€Å"A man whose accomplishments are meager longs for greatness; an ugly man longs for beauty; a man in cramped quarters longs for greatness; a poor man longs for wealth; a humble man longs for eminence. Whatever a man lacks in himself he will seek outside. But if a man is already rich, he will not long for wealth, and if he is already eminent, he will not long for greater power. What a man already possesses himself he will not bother to look for outside (pg. 103).† When Hsà ¼n Tzu says this he means that when someone does not have a quality that they want or may need they go and try to take that quality they are seeking from another person. I believe this happens because people are insecure about themselves and need to take things from others to make themselves feel good about themselves. Tzu the says, â€Å"Hence, man in the state in which he is born neither possesses nor understands ritual principles. If he does not  possess ritual principles, his behavior will be chaotic, and if he does not understand them, he will be wild and irresponsible. In fact, therefore, man in the state in which he is born possesses this tendency towards chaos and irresponsibility (pg. 103).† This is showing that Tzu thinks when a person is born they do not yet understand what ritual principles are and they believe they can do anything they want to do. Hsà ¼n Tzu then follows this by saying, â€Å"From this it is obvious, then, that man’s nature is evil, and that his goodness is the result of conscious activity (pg. 103).† I completely agree with Tzu’s theory on this concept because I believe this is the reason why some people feel the need to bully others. Hsà ¼n Tzu then talks about the distinction between good and evil. Tzu says, â€Å"All men in the world, past and present, agree in defining goodness as that which is upright, reasonable, and orderly, and evil as that which is prejudiced, irresponsible, and chaotic (pg.103).† Hsà ¼n defines the difference between being good and being evil. The way to be good in Tzu’s head is be accepting of other thoughts even if they do not make complete sense. I believe Tzu means that to be good people need to give everyone a chance no matter what their thoughts are. Tzu then goes on to talk about being evil. I believe that from what Tzu says being evil is judging a person by how he or she looks. Another way of being evil that I got out of this is that if someone does something wrong they try to go and blame it on someone else. Another thing that Hsà ¼n Tzu says is, â€Å"Therefore, in ancient times the sages, realizing that man’s nature is evil, that it is prejudiced and not upright, irresponsible and lacking in order, for this reason established the authority of the ruler to control it, elucidated ritual principles to transform it, set up laws and standards to correct it, and meted out strict punishments to restrain it (pg. 104).† This is a great statement mad by Tzu because it explains that without people leading us we would resort to doing all things evil. The sages knew that man’s nature was evil so they set up laws and rulers to restrict people from being evil and making them resort to being good. In my own life I had to be taught the difference between good and evil. I was born not knowing the difference between the two. My parents were a huge part of teaching me the difference between being good and not being evil. They were they to tell me when I was doing something wrong. After they told me that I did something wrong they would always try and help me correct it to the best of their ability. I also had all of my teachers growing up there to teach me things about being good that my parents did not teach me. I also had positive role models to look up to and hope to achieve what they did when I was growing up. I always wanted to be like Derek Jeter when I was growing up as a kid. He was my biggest inspiration out of any famous sports star. He was just a regular kid like me, and with the help of his parents, teachers, and role models he got to where he is today. Now he is a role model and inspiration for children all over the world. I believe that Hsà ¼n Tzu’s theory that what a man does not have in himself in looks for in others is a very true theory. I believe this has a lot to do with bullying. When a person bullies another human being I would say it is because they are insecure about themselves. The bullying of another helps that person feel more complete and better about him or herself. This is also another reason why we need teachers; they help us avoid doing this type of thing. Teachers are always going to be there to tell a person to stop doing something like this and correct them. In conclusion, I completely agree with Hsà ¼n Tzu’s ideas. Man’s nature is evil when he or she is born, and when the person is growing up they learn what is good through their parents, teachers, and mentors. Tzu talks about how Mencius does not fully understand what man’s nature is, and I agree with Hsà ¼n Tzu. I love Tzu’s idea of how if a man lacks a quality in himself he will go out and look for that quality in someone else. I agree with how Hsà ¼n Tzu defines the difference between good and evil. I was able to relate his theory of man being born with an evil nature by saying how my parents, teachers, and role models taught me what is right from wrong. I also see, in real life, people are always trying to get attributes that they lack themselves from other people around them. I believe that Hsà ¼n Tzu is a very intelligent man and I agree with his theories on human nature.

Impact of e-commerce

Impact of e-commerce E-commerce is the process of managing online financial transactions by individuals and companies. This includes business-to-business (B2B), business-to-consumer (B2C) and business-to-government (B2G) transactions. The focus of e-commerce is on the systems and procedures whereby financial documents and information of all types are exchanged. This includes online credit card transactions, e-cash, e-billing, e-cheques, electronic invoices, purchase order and financial statements. E-commerce is particularly concerned with the technologies that enable EDI-type functionality on the Internet. To be done an internationally agreed working definition of e-commerce it was accepted the need for three dimensions to be spelt out as part of the definition process. These dimensions relate to the: Networks over which the relevant activities are carried out; Processes that ought to be included within the general domain of electronic commerce; and Actors involved in the transactions. Networks are specified through broad and narrow definitions. The broad definition considers an electronic transaction to be the sale or purchase of goods or services, whether between businesses, households, individuals, Governments, and other public or private organizations, conducted over computer mediated networks. The goods and services are ordered over those networks, but the payment and the ultimate delivery of the good or service may be conducted on- or offline. The narrow definition considers an Internet transaction to be the sale or purchase of goods or services, whether between businesses, households, individuals, Governments, and other public or private organizations, conducted over the Internet. The goods and services are ordered over the Internet, but the payment and the ultimate delivery of the good or service may be conducted on-or offline. Concerning the processes that ought to be included many countries want to restrict the definition to the purchasing and selling aspect incorporated in the above definitions, many others want to include other types of business processes, such as marketing and advertising. Developing countries will also favour a definition that includes business activities that go beyond purchasing and selling, given the restrictions that some of those countries face in conducting online payments. E-commerce is often described as being one of three varieties business-to-business (B2B), business-to-consumer (B2C) or business-to-government (B2G). Much of the interest and the literature has focused on B2B and B2C electronic commerce and most of the statistical indicators have also been in respect of these two forms. About 80 per cent of the total value of electronic commerce in the world today are accounted for by B2B e-commerce. It provides also the greatest potential benefits in terms of productivity gains. B2C e-commerce has the potential to substantially affect the way in which people live and interact with each other and is therefore a key aspect for statistical measurement. Only a small number of countries have so far undertaken much work with respect to the measurement of B2G e-commerce. E-commerce today is very much a business-to business affair. Enterprises in developing countries should not let themselves be fooled by the much higher visibility of the business-to-consumer dotcoms. Those enterprises in developing countries that make goods or deliver services that are necessary for the productive process of other enterprises are the ones that should first consider incorporating the Internet (which does not necessary mean the web) as an instrument to enhance their opportunities to complete and grow. Due to the lack of reliable and internationally comparable e-commerce statistics, numerous national statistical offices have started to collect data on e-commerce and, generally, the use of ICT and the Internet. They have the advantage of guaranteeing the confidentiality of the collected data, having a more neutral position when it comes to collecting and interpreting the data and being able to use their existing methodologies and infrastructure for data collection, processing and analysis. Some countries are already benefiting from the results: they are now in a position to benchmark their economies with competitors internationally; they are able to identify the number of qualified people needed to advance their countrys information economy or to calculate the amount of investments needed to provide business with access to the Internet. There are several important steps involved in collecting e-commerce-related data. First, a country needs to decide what kind of data it wants to measure, reflecting the level of its e-commerce activity. Most developing countries would be probably focus on collecting readiness indicators, such as the number of businesses with computers and access to the Internet, and intensity indicators, such as the number of businesses the receive orders over the Internet and the value of those orders. But how does one define these indicators? The member States of the Organization for Economic Co-operation and Development (OECD) have agreed on the above-mentioned working definition of e-commerce that could be used in the measuring process. The definition includes the network over which e-commerce is carried out (Internet or other), the specific business processes related to e-commerce and the different actors involved (business, households or Governments). On the basis of this definition, a set of priority indicators for e-commerce has been established by a number of internationa l and national bodies. Examining the e-commerce important question is what impact ICT and the Internet have had on the productivity growth. It reduces transaction costs; allocates recourses better; increases economies of scale; improves the competitiveness of business in general; increases efficiency; generates important changes in the management and production processes of business. Acceleration of the growth of productivity is notified but the reason for this is rather controversial. However the UNCTAD secretariat agrees that there are reasons to believe that much of the acceleration of productivity growth is structural and attributable to changes induced by ICT and the Internet, through improvements in all aspects of corporate organization, production, finance, marketing and logistics. Although the speed at which companies in several advanced countries invest in ICT has decreased in the past few months, in the medium term there are several reasons to expect that ICT will continue to support rapid productivity growth. First, the cost of computing power is predicted to keep falling at a steep rate for several years. Secondly, most enterprises are still learning how to reorganize themselves in order to benefit fully from the Internet. Finally, in many countries there is a lot of catching up to do in the application of ICT to business. As firms in other developed economies and, most importantly, in developing countries engage in e-business, global productivity growth should accelerate. We should have a look at the process of moving from traditional to online payment. Online versions of nearly all-existing payment methods are appearing rapidly. Conventional financial instruments with online analogues include cash, money orders, giro transfer, cheques, drafts, notes and bills of exchange. The existing modes of third-party protection against the risks of non-payment and non-performance, including documentary credit, credit insurance, bonding, factoring and forfeiting, are also rapidly developing their online equivalents. The same applies to wholesale payment systems, including so-called automated clearing house (ACH) networks, wire transfers for large-volume payments and interbank payments networks. Credit and debit cards are principal payments instrument in B2B and B2C e-commerce. The move from cards with magnetic strips to smart cards with multifunctional chips that include security features is the next Internet-centered stage in the development of the payments cards industry. In parallel, Internet technologies to provide security in online payments have been evolving. Still the most widely accepted standard, is the Secure Socket Layer (SSL), a set of built-in browser protocols designed initially by Netscape to protect card-based financial transactions on the Internet. A more secure and complex bank-centered Secure Electronic Transactions (SET) software is being used more and more by online payments providers. In the field of Internet banking ACH debits and credits, as well as domestic and international wire transfers became possible with systems such as the Bank Internet Payment System (BIPS). The Society for Worldwide Inter-Bank Financial Telecommunications (SWIFT) also started its move to the open Internet platform. Banks and financial services companies in the developing countries will need to adopt online payment systems and practices that will meet their clients new needs arising from a shift to e-commerce. They will need to adopt systems that address the key issue of concern to users, namely security, confidentiality, identification of sellers and buyers, verification of buyers solvency guarantee of delivery. To obtain e-trade finance and equity investment, companies from developing countries need to be registered in local, regional and global Internet-based commercial risk database. For that, company registries, public courts, accountancy and audit, and other business-related services should undergo substantial enhancements. Non-bank financial services such as credit information, credit insurance, factoring and leasing should develop. Local banks should adapt to e-banking and move online their customer credit risk databases, and their individual and corporate customer payment services and financing, including trade finance instruments. Tourism and its Internet incarnation, often called etourism, is regularly cited as one of the fastest growing e-commerce sectors. Considering the importance of the tourism economy for Bulgaria and many other developing countries, and in particular its role as an employer and earner of foreign currency, the need to maintain and increase competitiveness through adopting e-commerce best practice is acute. The main actors in the tourism industry include Governments, tour operators, distributors and wholesalers, hotels, airlines and other transport operators, and most important of all, the tourists themselves. Each of these actors has a stake in the development of the electronic market and will be affected in different ways by electronic commerce. Tourism is an interesting sector for appreciating the potential of electronic commerce for the economies of developing countries in several respects. Tourism is a sector in which a significant number of developing countries have established competitive advantages over the years and it has remained largely a traditional service activity in which, until recently, buyers, sellers and intermediaries were well defined. Tourism producers and destination organizations in developing countries that adopt the Internet and e-commerce best practice have a chance to improve their competitiveness by producing better products, with greater tailoring to clients, more efficiently, faster to market with less waste and fewer inputs, and at better prices. Infomediaries in developing countries should develop their e-business strategy having in mind the technical capacities of their national or regional tourism producers for using Internet technologies. Solutions must be appropriate for both consumers and producers. The fundamental challenge is to take the traditional tourism product, delineate its information from its physical components, and selectively manage them using Internet and e-commerce technologies. The winner in the competitive etourism game will be the company that inspires consumer confidence, through quality data and physical product performance, and is able to offer a comprehensive yet tailor-made product. While Internet and e-commerce technologies offer unprecedented possibilities for interactivity and dialogue, traditional surveying and gauging tools estimating customer preferences and satisfaction are still very relevant. Footwork and face-to-face interviewing may be a necessary starting point for building a B2B network or business web. Market research, whatever the technology or even without technology, is a hugely important activity. A fundamental factor for success is to speak the language of the prospective customers. A successful etourism strategy must assess the linguistic origins of its major client groups and replicate Internet content in their languages. Understanding their Internet habits and ways of learning, openness to on-line dialogue and attitudes towards privacy, as well as the underlying legal system. Online payment facilities for retail clients using credit cards are an absolutely fundamental business toll that must be made available to the national tourism sector. Destination marketing organizations (DMOs), be they government bodies or business associations, can favourably contribute to modernizing the tourism industries of developing countries. DMOs can provide a voice to the fragmented industry producers in promoting their requests to the financial authorities and banks to provide them with online payment. When online payment is in place DMOs may, on behalf of the entire tourism industry, negotiate with domestic banks better terms and conditions for online payment than particular tourism companies would manage on their own. DMOs may be instrumental in informing their tourism industry about secure transactions and risk management techniques. Most of the above actions cannot be implemented without empowering and enabling people to take advantage of new Internet and e-commerce technologies. E-commerce and Internet technology can improve communication and can make doing business easier. The ability of people at both ends of the message or transaction to use these technologies is a precondition for their wide adoption and impact. In conclusion, it is expected that in the few years the productivity gap between the European countries and the United States (leader in e-commerce activities) will close rapidly as European productivity growth increases faster than that of the United States. This process is known as convergence in productivity. Convergence in productivity takes place when the countries that lag behind the technological frontier grow more rapidly in productivity than the leading countries. The same could be true for developing countries, with a reasonable degree of readiness. The impact of e-commerce on developing countries could be even stronger than that on developed countries because the scope for reducing inefficiencies and increasing productivity is much larger in the developing countries. To summarize, by cutting costs, increasing efficiency and reducing time and distance, e-commerce could become an important tool for development. Impact of E-Commerce Impact of E-Commerce Jay Kybert   As the retail industry develops, more services are introduced to entice customers to use their shops. There are varieties of services that are being used by companies to attract attention and make it easier for customers to use their websites, in the hope of increased revenue. Services like Next-Day Delivery tempt customers to purchase their item sooner, since it will arrive the following day. This makes increased profits for the company by charging for the service. These services essentially persuade the customer to buy the product at a higher price but with (usually) a faster delivery, tracked item, etc. Since E-Commerce is becoming increasingly popular, traditional retail businesses are losing money since fewer customers shop in stores. Larger companies have the resources and money to create optimised websites that allow their customers to shop on the internet. This leads to a negative economic impact for smaller businesses but, as an entire society, a richer economy as there are new ways to shop. Also, socially, fewer people will be shopping in stores. This could lead to retail shops closing from a lack of revenue, especially in smaller businesses that cannot support themselves with a lack of funds. Bricks and Clicks is a new approach to commerce in its entirety. The name Bricks and Clicks refers to physical retail stores (Bricks) and online shopping (Clicks). As E-Commerce grew in popularity, businesses realised they can make a greater profit from online shopping; this is called Bricks and Clicks because they have both physical stores as well as an online store. There are benefits and drawbacks to both approaches (Physical vs Digital), but having both increases the range of the potential audience. This is because physical stores may attract people who are simply walking past the shop or people who are regular customers. Having a digital store on top of this targets (potentially) every person with an internet connection. Companies can increase traffic to their website by advertisements on popular websites, directly increasing awareness of the brand. One of the main benefits for customers using E-Commerce is the availability. Physically shopping requires going to the nearest shopping centre, looking for the specific shop and finding the wanted item within it. Online shopping provides an easy alternative available whenever. Being able to access the website whenever (unless it is down for maintenance) makes it easier for anyone wanting to buy a specific item, as they dont have to consider the closing time for the shop. In addition, people who have unusual work hours at their job may struggle with physical stores as they close in the evening. Therefore, having the option to buy from a store whenever using the internet provides an easier alternative. Online shopping isnt perfect; there are problems with the financial side, especially whether companies can be trusted. After a customer enters their information (Name, address, credit/debit card, etc.) the company has a responsibility to protect that information from unauthorised sources, the most common being hackers. There is always the possibility, and it has occurred, that major corporations have been hacked and their customers information has been released to the public or sold. However, as hacking becomes increasingly common, internet security is improved to prevent it. Internet shoppers shouldnt just worry about the website being untrustworthy, malware and other viruses could steal the information from the computer, the most common being a Keylogger. As the name suggests, it is either a physical hardware component installed into the computer or a program that logs all of the keystrokes on the computer. This is one way that information can be stolen not directly from the websit e. E-Commerce has, and will continue, to have an effect on employment. If people start to only shop online, store workers may lose their jobs because of financial difficulties. However, delivery services will have to hire more employees to keep up with the demand of online shopping. In addition, since companies require websites for online shopping, website developers, network administrators and a variety of server-related jobs are needed. Therefore, people working in retail stores may lose their jobs if people continue to isolate themselves from physical shopping and choose online shopping. However, more job opportunities open up relating to technology. The social divide is becoming more important as technology progresses. People with little income focus on essentials before purchasing luxuries. Therefore, it would be difficult for people with little income to purchase a computer or another electronic device capable of online shopping. However, since the majority of people can afford, and use their electronic devices for shopping, companies target these people since they make up the majority. This affects the companys decisions, for instance, they may begin to close down retail stores and instead focus on E-Commerce. This doesnt affect people who have enough disposable income to purchases these devices, but it does affect people with little income. This leads to these people struggling to shop, since they cant afford the platform needed for online shopping. Therefore, leading to a social divide between people with little disposable income and people with greater disposable income.

THE ART OF DELEGATION Essay -- essays research papers

There is a limit to the amount of work that you can do on your own. There is only so much value that you can deliver to your company or organization without the help of other people. If you are successful in your career, at some stage the demands on you will become greater than you are able to cope with on your own. When this happens, you are forced to rely on the help of others, you are forced to delegate. Delegation is a process by which a manager examines the various responsibilities and tasks at hand, and rather than assuming and completing those tasks and responsibilities on his or her own, that manager decides to assign the work to other employees. Effective managers must be willing to entrust a task, power or responsibility to another person. Theodore Roosevelt was quoted as having said, "The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it." Delegation is a skill that incorporates analysis, planning, awareness and self-confidence. It requires a manager that is able to incorporate the four functions of management: planning, organizing, leading, and controlling. Planning involves formulating a systematic process for delegating tasks to other employees. Organizing involves arranging the resources your employees may need in order to accomplish the delegated task. Leading involves the guiding, leading, and overseeing of employees in order to achieve the task. Controlling involves verifying that the employee’s performance matches the action plan. Delegation involves passing responsibility for completion of work to other people. The ideal position to reach as a manager is one where your staff carries out all the routine activities of your organization. This leaves time for planning, thinking, and improving the efficiency of what you are doing as a manager. Ultimately, delegation involves getting the help you need, when you need it by the staff member most qualified to assist with the task at hand. In the Arkansas Governor’s office, where I currently work, delegation is a colossal part of each work day. The Governor cannot possibly address all the problems and issues relating to the state of Arkansas personally; therefore, he has a chief of staff who is responsible for the proper delegation of tasks to other staff members. The chief ... ...gradually. Each task delegated should have enough complexity to stretch that member of staff - but only a little. When you delegate a job, it does not have to be done as well as you could do it (given time), but only as well as necessary: never judge the outcome by what you expect you would do (it is difficult to be objective about that), but rather by fitness for purpose. You want to delegate as much as possible to develop your staff to be as good as you are now. Tasks in which you have experience are the easiest for you to explain to others and so to train them to take over. You thus use your experience to ensure that the task is done well, rather than to actually perform the task yourself. In this way you gain time for your other duties and someone else becomes as good as your once were (increasing the strength of the group). By delegating, a manager exhibits trust in his or her employees by giving other people's ideas a chance. A subordinate's decision doesn't have to be exac tly what yours might have been. So welcome and reward ingenuity. Reference Roosevelt, Theodore. Leadership Quotes. Retrieved October 6, 2004 from http://www.pittencrieff-glen.com/leadership_quotes.htm

Primary ethical considerations Essay

Ethical norms are the moral standards that help us judge good from bad or right from wrong and living morally. This involves articulating the good habits or character that we should have, the consequences of our behavior on us and others and the duties that we are supposed to follow. Ethical issues touch on the basis of an individual belief and they are bound to differ with individuals depending on cultural and social factors of the individual. McKinney (2004) explains that the primary ethical considerations for teachers in a K-8 education setting   is a form of applied ethics that evaluates ethical guidelines and moral issues that can come up in a classroom environment. The following section will highlight McKinney (2004) ten main principles which teachers in K-8 classes are supposed to follow and adhere to: Establish the significance of academic integrity Schools are committed to pursing integrity and truth; teachers in K-8 should confirm and reestablish the need for integrity and truth based on particular main values such as honest civility and diligence. Teachers need to show and encourage students to practice this. Promote love of learning Teachers in K-8 have an ethical duty to reinforce and foster better class environment for learning. Many children will succeed and thrive in an environment where learning and schooling is viewed as challenging, useful, pertinent and fair. Treat children as ends in teaching Teachers in K-8 should treat their students as being an end and not means children require personal attention and thoughtfulness. The students will in general respond through respecting what the teacher’s values and norms and be committed to academics Foster an atmosphere of trust within the classroom Many students are young and require and value an atmosphere where trust is freely earned as it is given. Enhance student accountability for integrity in academics Young students want to learn in schools where integrity justice and respect is adhered to, while dishonest is punished. With correct direction and leadership, students can cultivate strong accountability to assist in promoting and protecting high levels of integrity in academic work. Formulate just and appropriate assessment forms Students expect to be assessed with fairness using appropriate methods. Teachers in K-8 classes should use, and regularly modify forms of evaluation   and tests which need active thought and enhance learning activities for the students. Challenge any dishonest in learning when it happens Children see how teachers act and what values they hold. Teachers who overlook trivialized dishonest in academics, convey a message that, the teacher do not value core values of academic and that these core values are not worth following. In addition to this the teachers should: †¢ Assist in defining and supporting entire school academic integrity and honesty †¢ Limit chances for students to participate in dishonesty in class and school as a whole †¢ Clarify your expectations for class and students in particular Conclusion The classroom and teaching environment in general during the 21st century have become more complex and demanding. Consequently, the need for more ethical teaching behavior, actions and processes is increasing. As McKinney (2004) notes pressure has been mounted on the teachers in a K-8 to observe and improve their ethics through laws and refined public initiatives. The variety and extent of ethical issues in teaching shows the extent to which ethical values differ and need to be upheld.   Ã‚  This paper has outline several main ethical issues that teachers in K-8 will should follow to establish better values in their class room

The Federal Reserve

The U. S. Federal Reserve System ECO/372 Sundeep Jain The U. S. Federal Reserve System The Federal Reserve System was founded by Congress in 1913. It was created to be the central banking system of the U. S. The Federal Reserve is designed as the superior monetary financial system of our country. The role of the Federal Reserve and its influence on the countries’ banking system has increased. The Federal Reserve System of the United States is what makes the financial wheel move. The Federal Reserve System is also known as the Central Bank of the United States.The Great Depression forced an overhaul of the state of the Federal Reserve System at that time. During the depression, many banks closed its doors and aslo many companies failed due to bankruptcy. Consequently, the unemployment rate increased to levels unheard of. The Federal Reserve System monitors and controls the banking system of the United States. One of its major responsibilities of the Reserve System is to maintai n the stability of the financial system and offers financial assistance to the countries’ banking institutions.Another responsibility is to oversee the economic stability of employment within the nations’ interests. Another responsibility of the Federal Reserve System of the United States is to stabilize the price of goods and services. The Federal Reserve System is responsible for overseeing and supervising the financial institutions operating within the United States territorial jurisdiction. In addition, the Federal Reserve System is responsible for conducting research to maintain the current state of economy and help keep it running.While it carries out its responsibilities, the Federal Reserve is independent of the main government body and is not involved with the governments’ day-to- day operations. Members of the board are appointed by the President. Also, any profits the Federal Reserve makes in revenue, are returned to the United States Treasury. The Fe deral Reserve was created to be protected from short-run political and economic pressures. The Reserve System operates on its own revenues and not money appropriated by Congress. The earnings come from interest earned from its portfolio and from money received for services provided to financial institutions.The Federal Reserve System is located in our nations’ capital, Washington D. C. It is the Overruling financial power of the U. S. The FED has the sole power to regulate all related policy. This includes things such as fixed income rates, and then deciding factors of the supply of money. The Federal Reserve System is comprised of twelve Federal Banks scattered throughout the country. Each Bank is given sole power over all commercial banks in its area. These banks oversee that all banks in its district comply with any and all rules and regulations.

Why Study Skills Are Important

Study skills are important to maintain. Study skills help you excel in your academic career. They help you remember and learn new information. They also help you do well in your assignments, quizzes, and tests. That helps you pass to the next grade. You might ask, what are study skills? Examples of good study skills are classroom behavior, time management, organization, and memorization. Good classroom behavior includes active listening. Hearing is not listening.When you listen critically you are trying hard to learn something and you are sitting up straight and taking notes. Keep your eyes on the teacher, ignore noises and movements from others, and avoid daydreaming. Taking notes is good classroom behavior as well as making sure to socialize at appropriate times such as during breaks. As I previously stated time management is a study skill. Write down all homework and assignments along with their due dates in your agenda or planner.Make sure to Write down test dates, quiz dates, an d project due dates in your agenda or planner as well. Also, put all due dates down in your agenda or planner on the day before they are due as a reminder. Take the quiz dates, test dates, and project due dates from your agenda and write them on a calendar at home. Decide how much time you will spend studying after school and how often. Furthermore designate the specific time of day and the actual days for your study time. Memorization is also a study skill.Memorization includes reading notes aloud several times to yourself, and trying to connect the information to something familiar. Making acronyms, note cards, and your own quizzes from your notes can also help you memorize things. Organization is an important study skill that includes notebook organization, organizing your study place, and organizing your goals. To organize your notebooks keep a separate folder or notebook for each class. Put all homework assignments in one spot as well. Put all papers & classwork neatly in the p roper place, and straighten out your binder every Friday.Study skills are important because you use them to excel in you school work. Study skills include classroom behavior, time management, organization, and memorization. You need to listen in class if you want to learn. Time management is important because you have to turn assignments in on time in order to get a good grade. Organization is important because you need to know where your assignments and notes are. All of the above is important because they are all study skills. You need good study skills in order to excel in school.

St.Paul's and St.Peter's Baroque Styles Essay Example | Topics and Well Written Essays - 2250 words

St.Paul's and St.Peter's Baroque Styles - Essay Example It is worth noting the significance of the two church buildings: St.Peter’s Basilica is the seat of the papacy, while St. Paul’s Cathedral is the Anglican’s biggest cathedral and one of the most recognizable sights in the City of London (Murray, 1970). As such, St.Peter’s Basilica reflects the Roman Catholic aspirations while St. Paul’s Cathedral is a manifestation of the Protestants’ authority. Brigg and Martin (1967) explain that in the 17th Century the Roman Catholic church fought off the encroachment by protestant reformation; The society of Jesus(Jesuits), making it their duty to defend the ways of the church against what they considered to be protestant attacks. In order to fully highlight the variations in Baroque style across Europe and with St. Paul’s and St.Peter’s as the case-studies, it is imperative to identify the design constants and unique features that identified Baroque Art and Architecture. Both Zirpolo (2008 ) and Summerson (1964) found that Baroque Architecture manifested the following salient features: (1) Use of undulating motifs in interior and exterior spaces - even columns was designed to undulate. (2) Distinctive use of vaults arches and buttresses - Churches were characterized with vaulted ceilings. (3) Flamboyant use of sculptures, statues and paintings in spaces. (4) A faà §ade characterized by a prominent dome, and an interior marked with a grand nave, and (5) Stylish exploitation of the play of light in interior spaces. It is these distinctive features. that the author will use as parameters to gauge the regional variations in the architecture of both St. Peter’s Basilica and St. Paul’s Cathedral. However, both churches have their own unique elements that might not be present in the other. For instance, St.Peter has a unique Baldachin below the dome. A major cause

Strangers on a Train Flim Essay Example | Topics and Well Written Essays - 1000 words

Strangers on a Train Flim - Essay Example He uses double crossing at various point. Firstly, the lighter of Guy Haines plays an important role in the movie and has a crosses tennis racket set. Secondly, in the beginning of the film, Hitchcock shows Bruno ordering for two drinks, no the train. This again, is an attempt to accentuate the criss-crossing theme. Thirdly, the initial part of the film shows a murder being committed and this is captured as double reflection on the glasses of the victim. Thus, Hitchcock makes use of this motif to create a greater impact on the audiences. 3) Hitchcock sets most of the story in the world of Washington, D.C. (not the setting in the novel on which the film is based). Name three places in D.C shown in the film, and explain briefly how this world (physical and cultural) contributes to the meaning of the story. Washington D.C is the main setting of ‘Strangers on the Train’ and Hitchcock shows us few scenes placed in the capital. Firstly, the scene where in the two strangers get down form their cabs and board the train is a great way to establish the capital city, in the movie. Secondly, the scene before Miriam is murdered shows her with her two boyfriends, at an amusement park. This again is set in Washington D.C. Thirdly, the scene wherein Guy Haines, the tennis pro is shown at a tennis club is again set in Washington D.C. The very fact that Guy’s girlfriend, Ann Morton’s father is a Senator strengths the Washington D.C setting further more. The physical world at Washington D.C is rather rich and sophisticated, with shiny cabs, amusement parks, tennis clubs, etc. This establishes the

Global warming by human caused Essay Example | Topics and Well Written Essays - 2000 words

Global warming by human caused - Essay Example In addition to this, several non-human activities, such as variation in the orbit of earth around the sun, rapid changes in atmospheric composition, volcanic eruptions and solar luminosity are also responsible for the global climate change. Global climate change has become one of the most challenging and critical issue that is affecting ecological and environmental balance of the globe. It is difficult to justify the major responsible reasons behind this global warming. Several scientists have argued that human beings’ unethical activities are responsible for this issue. On the other hand, some of the scientists around the globe are trying to illustrate that volatile change in natural and environmental structure is causing rapid global climate change. The essay will provide an argument on the topic i.e. â€Å"Can the humans be held responsible for global warming?† Major Reasons behind Global Warming There are several reasons behind the climate and temperature change in the earth’s surface. The part of the essay will provide an argument about the real causes behind the global warming and rapid global; climate change. Non-Human Reasons The temperature of the earth depends upon the balance between the planet’s system and energy entering. When the energy from sun is absorbed, earth warms. On the other hand, when the energy of the sun is reflected back then the earth generally avoids warming. There are several non-human reasons that are affecting the global temperature. Green house effects, variation in the energy of sun and change in earth’s surface as well as atmospheric reflectivity are the factors responsible for global warming. Several scientists pieced a picture of the climate, dating back thousands of years through the analysis of various indirect measures like tree rings, glacier lengths, ice cores, and ocean sediments, changes in the orbit of earth and pollen remains. The valuable historical record shows that the global cl imate system varies naturally (Lawson 22). The output of the sun shows narrow variations over the course of a particular 11 year time cycle. These cyclic changes effectively correlate with the frequency and number of sun spot. It is known as solar cycle. This solar spot is growing slowly and gradually. However, the rapid increase of solar spot is affecting global climate. The climate is getting hotter and hotter due to this reason. On the other hand, position of the earth with respect to the sun slightly varied over a longer period of time due to the change in orbit of earth. However, this frequent change is termed as Milankovitch cycle (Shrivastava 109). According to the view of several scientists, these changes are major culprits for the global climate change since the Ice Age of earth. These changes have limited impact on the global temperature and climate change for a shorter time cycle. These changes have occurred slowly and gradually. This Milankovitch change has impacted the global climate and earth surface’s temperature. It has resulted in long-term climate and temperature fluctuations. Water vapor is considered as the most abundant green house gas in the atmosphere of earth although the changes in the water vapor’s concentration are generally the result of temperature changes. Consequently, this water vapor can significantly act as the part of feedback loop (Arnold 272). In the feedback loop, the increase in temperature typically triggers an effective increase in the evaporation of the water. The