The Capital and Money markets in the economy - Free Essay Example

Sample details Pages: 4 Words: 1227 Downloads: 4 Date added: 2017/06/26 Category Economics Essay Type Analytical essay Did you like this example? There were two group of markets can be found in financial market. They were the capital market and the money market. Although they both come from financial market but they consist of differences. In capital market, we will found the stocks and bond market but in general it is the market for securities where long term funds can be raised by companies or government. To raise the funds, a person needs to purchase a price-set bond in order to borrow their money to the government or business for period of time and this will gain higher return as promised. The government or company paid the lenders through interest that accrues from the borrowings. Another way for the government or company to raise the fund is through the stock market. By using this method, they will sell shares of their stock which is the ownership of the company to the public or companies. Dividends will be paid to the shareholders as agreed by the company as the return on their investment. There w ere two markets in the capital market: Primary market and secondary market. New issues are distributed to the investor in the primary market and the secondary market is the place where trade securities. In money market, it is about the global financial market. The money market is the place where borrowing and lending in a short-term period. Short-term liquid funding also will be provided to the global financial system. The period of the borrowing of money by the company in a money market has an average of thirteen months. There are few common types of things that being used in the money market such as bankers acceptance, certificates of deposits, commercial paper and repurchase agreements. Normally the money market consists of banks borrowing and lending but money market also will involve by financial companies. A large amounts of asset where issued by the finance companies to fund themselves which is secured by the promise of eligible assets into an asset backed commercial paper conduit. The difference between the two markets is that capital market is for long term investment. They were selling stocks and bonds to borrow money from investors to operate their company. In money markets, it is the short term borrowing or lending market. The banks borrow and lend between themselves and it is usually paid back within thirteen months. The differences can be seen through the ways the two markets used for borrowing or lending transaction. In capital market, primary and secondary markets are interrelated. Securities emerge in primary market while other dealings take place in secondary market. However, there was no sub-division in money market. In efficient money market, secondary market does take place too. In capital market, the financial instrument that being used are debentures, shares, public sector bonds and units of mutual funds. On the other hand, money market uses different financial instruments such as Treasury bill, call money, commercial papers, and c ertificate of deposits. There were several characteristic of the securities in the money market. The rapid maturity, safety, liquidity of the money market funds of securities. Short-term capital requirements of the business and government can be solve by issuing money market securities. The maturity of the securities is between three months and matured within one year. Federal funds and repurchase agreements are the money market instruments that examine the maturity of the securities. The credit ratings that surpass the other investment grade debt instruments make money market securities the safest investments available. (Jim Orrill, 2010) The SEC helps ensure this safety by mandating that at least 95% of a money market funds securities must be ones that have earned the highest rating of at least two of the five major credit rating institutions. Federal Reserve System is often referred as Fed is the central bank of the United States. In Malaysia, Bank Negara Malaysia or BNM is our central bank. Although central bank may differ in terms of structure and modus but they have common responsibility which is to maintain the monetary and financial stability. Sometimes, they are responsible for developing the financial infrastructure and participating in the overall development of nation. Bank Negara Malaysia is responsible to maintain the monetary stability. Preserved the value of the ringgit is the best way to ensure the price stability. This can maintain the inflation of the country low and stable. By maintaining the inflation at low and stable condition will not diminished the purchasing power of ringgit. When the inflation rate is high, people will tend to consider about their purchasing power. When this happened, demand for real assets like properties and houses will be higher because they were thought to be more inflation-proof. Interest of people will be less on investment in the productive capacity of the economy. The interest of holding saving in the financial system will be lesser as they expect that their savings value will be diminished. Fixed income earners will feel their ability to purchase goods and services become less. Bank Negara Malaysia influences the level of interest rates to conduct its monetary policy. Interest rates are the rate that the borrowers of the loan have to pay and the depositors earn on their deposits. To encourage people to save more, interest rate will be given at a high rate. When the economic is weak, funds will be injected into the banking system to reduce the interest rates. Economic activity will be stimulated by the increasing consumption and investment. (Elgilani Eltahir Elshareif, 2010) Short term and long term interest rates of fixed securities is important for the transmission mechanism of monetary policy. Usually the short-term rates will be influence by central bank, while the basis of investors expectations of future real interest rates and inflation affect long-term rates. T he future real interest rates will affect the domestic investment and production. The real sector of the economy will affect by the term structure transmits monetary policy. In the open economy system, the structure will affect international capital flows and hence exchange rate. Required reserve is referring to the amount that the banking institution place with the BNM in compliance with the Statutory Reserve Requirement. Cash in vault of the banking institution and the demand deposits with BNM are considered as excess reserves. Demand and time deposits placed by the financial corporations are deposits of the private sector. Money market securities are extremely liquid can be converted into cash quickly. As the principles of these debts are repaid very rapidly thus the liquidity of the investment was gained. These securities give the optimum way to the public to invest in the money market securities by trading in large denominations. The money market securities are a wholesal e market of short term debt instruments. Orrill, J. (2010, May 21). Characteristics of Money Market Securities Retrieved from December 9, 2010 https://www.ehow.com/list_6536664_characteristics-money-market-securities.html CiteMan.com. (2008-2010). Characteristics of money market Retrieved from December 9, 2010 https://www.citeman.com/4365-characteristics-of-the-money-market/ Elshareif, E. E. Hui Boon Tan (2010). Interpreting term structure of interest rates in the Malaysia Fix-Income Market Andersen. T. M. and Risager, O. (1988) Stabilization policies, credibility, and interest rate determination in a small open economy Bank Negara Malaysia (2003). General information: Bank Negara Malaysia Bank Negara Malaysia (2007). International Monetary Fund: International Financial Statistic. Richard H. Timberlake (2008). The Concise Encyclopedia of economic: Federal Reserve System. Retrieve from December 11, 2010. https://www.econlib.org/libr ary/Enc/FederalReserveSystem.html Don’t waste time! Our writers will create an original "The Capital and Money markets in the economy" essay for you Create order

The Problem Of Low Back Pain - 1591 Words

Low back pain is one of the major causes for not only days lost at work, but also the early exit from the field of nursing. This can potentially be a major concern to address as policymakers and healthcare experts look to solve the nursing shortage problem. Project Back to Back is one initiative aimed at addressing this issue. It seeks to reduce the prevalence of low back pain experienced by nurses by introducing continual training in proper patient handling and Dru yoga classes to nurses working in the hospital facilities that are a part of the Mount Sinai Hospital System. In the United States, low back pain is singled out as the most common reason for time lost at work after the common cold, the third most common condition leading to surgical procedures, and the fifth most common reason for hospital visits (United States Department of Health and Human Services (HHS), Healthy People 2020, n.d.). Reports show that musculoskeletal disorders account for approximately$240 billion in the United States annual healthcare expenditure, with over $100 billion going to treat low back pain alone (Crow Willis, 2009). Low back pain, according to Manek and MacGregor (2005), is defined as â€Å"pain, muscle tension, or stiffness localized below the costal margin and above the inferior gluteal folds, with or without leg pain (sciatica)† (p. 134). It can be classified as either specific or nonspecific, but the majority of the cases, approximately 90%, are nonspecific as they have noShow MoreRelatedIs The Water Based Exercise?1638 Words   |  7 Pagesdecreased in pain during the 50-foot walk test compared to the land-based exercises.7 So the article and the point I’m making is the water-based exercise is a great tool to use for people with osteoarthritis. The conclusion of both studies shows aquatic therapy helps people with osteoarthritis with keeping the patient active, strengthening their joints, pain relief, and helping them to not fatigue as quickly as land exercises or activities would do. The third diagnose or symptoms aquatic therapyRead MoreAquatic Therapy : A Therapy Essay1325 Words   |  6 Pagesmany different types of illness, diseases, syndromes, disorders, pain, and musculoskeletal problems. Especially, osteoporosis, osteoarthritis, fibromyalgia, low back pain. Aquatic therapy continues to be improving and is becoming more popular. It can also help normal/healthy humans live a healthier life. So I’m going to be discussing the different types of illness, diseases, syndromes, disorders, pain, and musculoskeletal problems and explain if aquatic therapy help manage their symptoms, or curesRead MoreLow Back Pain : A Highly Prevalent Socioeconomic Health Issue1510 Words   |  7 PagesLow back pain is a highly prevalent socioeconomic health issue in the world we live in today and one of the top causes of disability - affecting work performance and the overall quality of life for many. The 2010 Global Burden of Disease Study estimated that out of 289 healt h conditions, low back pain ranked number one in terms of disability (YLDs - Years Lived with Disability), and sixth in terms of overall burden (DALYs - Disability-Adjusted Life Years) (Lancet, 2012). It is estimated that 60%Read MoreBenefits Of Aquatic Therapy For Patients With Low Back Pain1465 Words   |  6 Pagessuffering chronic back pain being in warm water will cause vasodilation which will help lead blood towards the area of pain.1 Cold water can cause vasoconstriction which will help stop the blood from running to an area of acute injury. A systematic review by Waller , Lambeck , and Daly, composed of 37 aquatic therapy studies with 1007 participants, and picked 7 of those studies and used McGill Pain Questionnaire, Oswestry Disability Index, the number of work days lost from low back pain, and subjectiveRead MoreLow Back Pain1229 Words   |  5 PagesLOW BACK PAIN – ACUTE It is the pain felt in your lower back which may come from the spine, muscles, nerves, or other nearby structures. It may also be due to problems in your mid or upper back, the testicles or ovaries, or a hernia in the groin. CAUSES * If you are like most people, you will have at least one backache in your life. While such pain or discomfort can happen anywhere in your back, the most common area affected is your low back. This is because the low back supports most ofRead MoreThe Painful Truth About Back Injuries Essay1414 Words   |  6 Pagesthe risk factors that cause back injuries, a majority of the general population can prevent agonizing and potentially disabling pain during their lifetimes. Back injuries can occur gradually over time as a result of trauma caused by repetitive activity or can result from a single traumatic event (Back). The signs and symptoms of a back injury may include pain when trying to assume a normal posture, decreased mobility, and pain when standing from a seated position (Back). Warning signs that shouldRead MoreA Study On Low Back Pain Patients With Associated Leg Pain Symptoms1692 Words   |  7 PagesAbstract Background: Low back pain patients with associated leg pain symptoms generally have a poorer prognostic outcome compared to those with localised low back pain. Therefore, this study will investigate the difference in clinical outcomes associated with low back pain patients with and without self-reported leg pain symptoms. This study will also address if additional co-factors such as age, sex, and occupation have an effect on the severity of these clinical outcomes. The clinical outcomesRead MoreThe Ethical Implications Of Prescribing Narcotics1058 Words   |  5 Pagesthat have chronic pain issues. Therefore, assessment of both the physical and psychological aspects of the pain is essential for appropriate treatment. For the purpose of this discussion, I will explain how to evaluate and treat an individual that has this issue. I will also discuss the importance of recognizing the signs of drug abuse in this population. I will also evaluate the ethical implications of prescribing narcotics. Evaluation of Low Back Pain Assessment of back pain should begin asRead MoreThe Total Economic Burden Of Pain1351 Words   |  6 PagesAbout 41% of American adults suffer from chronic pain. The total economic burden of pain in 2010 is estimated to range from $560 to $635 billion. Of these, lost productivity alone cost between $299 to $335 billion; which approximates the yearly cost of heart condition and exceeding the total cost of cancer and diabetes. On a per person basis, the incremental cost of all US health care expenditures in 2010 is $8233, moderate and severe chronic pain accounted for $4516 (55% of total) and $7726.20 (93Read MoreAquatic Therapy : A Type Of Physical Therapy Essay1551 Words   |  7 Pagespeople are not bearing on all their body weight like they are on land which is called buoyancy.1 Aquatic therapy can be used for many different types of illnesses, diseases, syndromes, disorders, and musculoskeletal problems, including osteoporosis, osteoarthritis, fibromyalgia, low back pain, and multiple sclerosis.1 Aquatic therapy continues to be progressing with research and technology which is causing it to become more popular in physical therapy. It can also help normal, healthy humans live

Adaptive Radiation - Darwins Finches free essay sample

When Charles Darwin stepped ashore on the Galapagos Islands in September 1835, it was the start of five weeks that would change the world of science, although he did not know it at the time. Among other finds, he observed and collected the variety of small birds that inhabited the islands, but he did not realize their significance, and failed to keep good records of his specimens and where they were collected. It was not until he was back in London, puzzling over the birds, that the realization that they were all different, but closely related, species of finch led him toward formulating the principle of natural selection. In his memoir, The Voyage of the Beagle, Darwin noted, almost as if in awe, One might really fancy that, from an original paucity of birds in this archipelago, one species had been taken and modified for different ends. Indeed, the Galapagos have been called a living laboratory where speciation can be seen at work. We will write a custom essay sample on Adaptive Radiation Darwins Finches or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A few million years ago, one species of finch migrated to the rocky Galapagos from the mainland of Central or South America. From this one migrant species would come many at least 13 species of finch evolving from the single ancestor. This process in which one species gives rise to multiple species that exploit different niches is called adaptive radiation. The ecological niches exert the selection pressures that push the populations in various directions. On various islands, finch species have become adapted for different diets: seeds, insects, flowers, the blood of seabirds, and leaves. The ancestral finch was a ground-dwelling, seed-eating finch. After the burst of speciation in the Galapagos, a total of 14 species would exist: three species of ground-dwelling seed-eaters; three others living on cactuses and eating seeds; one living in trees and eating seeds; and 7 species of tree-dwelling insect-eaters. Scientists long after Darwin spent years trying to understand the process that had created so many types of finches that differed mainly in the size and shape of their beaks. Most recently, Peter and Rosemary Grant have spent many years in the Galapagos, seeing changing climatic conditions from year to year dramatically altering the food supply. As a result, certain of the finches have lived or died depending on which species beak structure was best adapted for the most abundant food just as Darwin would have predicted.

Philanthropy have left her utterly unconcerned abo Essay Example For Students

Philanthropy have left her utterly unconcerned abo Essay hiut her family and Harold Skimpole who is a lazy and selfish man looked after by others’ generosity and his mimicry of childish irresponsibility. In its time the novel was seen as poorly constructed despite its host of interesting characters although later critics have generally seen it as one of his very finest works despite its occasional verbosity. Variously a parish helper to the London poor and a successful New Zealand sheep farmer, Samuel Butler did not treasure the attitudes of his time (the second half of the 19th century). His books were iconoclastic in their attitudes towards Victorian ideals and The Way of All Flesh is foremost among them. It is appropriate, then, that it was published after his death and Queen Victorias, in 1903. It was completed in its original version in 1885 though the second half was never revised. It depicts the lives of four generations and is narrated by family friend Overton although it focuses on Ernest Pontifex and his respect for his great-grandfather John. His father Theo is the books initial concern, though,and he grows after ordination into cruel and disciplinarian attitudes to parenthood which affect young Ernest. As the story progresses we see the latter give his money to a pregnant maid, become a priest and imprisoned for mistaking a respectable lady for a whore. Ernest is released onl y to begin an unwise relationship with the maid, Ellen. The tale and its conclusion question the values of Victorian society and offer the solace of the individual mind when convention fails. Many regard The Way of All Flesh, published in 1903, the year after Butlers death, as his masterpiece. It certainly contains much of the quintessence of Butlerism. This largely autobiographical novel tells, with ruthless wit, realism, and lack of sentiment, the story of Butlers escape from the suffocating moral atmosphere of his home circle. In it, the character Ernest Pontifex stands for Butlers early self and Overton for his mature self; Theobald and Christina are his parents; Towneley and Alethea represent â€Å"nice† people who â€Å"love God† in Butlers special sense of having â€Å"good health, good looks, good sense, experience, and a fair balance of cash in hand.† The book was influential at the beginning of the anti-Victorian reaction and helped turn the tide against excessive parental dominance and religious rigidity. Ernest Pontifex, protagonist in The Way of All Flesh, battles his fathers iron will in a personal struggle to fully realize the potential of the self. While taking the position of an intellectual gadfly determined to attack the shams of society, Pontifex also assumes the de facto role of spokesman for the authors unique anti-Victorian beliefs. Bibliography:philanthropy have left her utterly unconcerned about her family and Harold Skimpole who is a lazy and selfish man looked after by others’ generosity and his mimicry of childish irresponsibility. In its time the novel was seen as poorly constructed despite its host of interesting characters although later critics have generally seen it as one of his very finest works despite its occasional verbosity. Way of all fleshSummary Variously a parish helper to the London poor and a successful New Zealand sheep farmer, Samuel Butler did not treasure the attitudes of his time (the second half of the 19th century). His books were iconoclastic in their attitudes towards Victorian ideals and The Way of All Flesh is foremost among them. It is appropriate, then, that it was published after his death and Queen Victorias, in 1903. It was completed in its original version in 1885 though the second half was never revised. It depicts the lives of four generations and is narrated by family friend Overton although it focuses on Ernest Pontifex and his respect for his great-grandfather John. His father Theo is the books initial concern, though,and he grows after ordination into cruel and disciplinarian attitudes to parenthood which affect young Ernest. As the story progresses we see the latter give his money to a pregnant maid, become a priest and imprisoned for mistaking a respectable lady for a whore . Ernest is released only to begin an unwise relationship with the maid, Ellen. The tale and its conclusion question the values of Victorian society and offer

Book review on creative teaching methods by Marlene Lefever

The Smart Gene essays

The Smart Gene essays The human brain has approximately 100 billion nerve cells, or neurons that are linked in networks to give rise to a variety of mental and cognitive attributes, such as memory, intelligence, and personality. These networks include the nerve cells. At the synapse, information in the form of chemicals called neurotransmitters flows from the so-called presynaptic cell to the postsynaptic cell. These nerve cells become more tightly linked when stimulated by a series of high-frequency electrical pulses. This increase in synaptic strength is know as long-term potentiation (LTP) just as the decrease in strength is known as long-term depression (LTD). LTP is found in the hippocampus, which is a crucial brain structure for memory formation. Research has indicated that the induction of the major forms of LTP and LTD requires the activation of NMDA (N-methyl-D-asparate) receptors, which sit on the cell membranes of postsynaptic neurons (see Fig 3) (Tsien 2000). The NMDA receptor, a syna ptic coincidence detector, acts as a switch for memory formation, enhancing the signal detection by NMDA receptors should enhance learning and memory. Protein subunits called NR2B are part of the complex of proteins that form the NMDA receptor. Research indicates that when the NMDA receptor channel is open, triggered by a stimulus from two neurons, it begins a biochemical cascade that results in memory retention and learning (Bassand 1999). In simpler terms, the extra copy of the NR2B gene controls the brains ability to link one event to another and remember the link. This double whammy of the gene quickened the way the mice learn and remember by speeding up the reactions between neurons, or brain cells (Guynup 2000). Tsien accomplished this task by taking a copy of the gene that directs the production of NR2B and linking it to a special piece of DNA. This DNA contained a special on switch to inc...

Old Guard vs. Avant-Garde Essay Example | Topics and Well Written Essays - 1000 words

Old Guard vs. Avant-Garde - Essay Example Well, until today, there has been an increasing number of different versions of descriptions on what music is and what it is not. However, there has not been a single universally acknowledged definition of music as it is a wide realm of art that is hard to limit within a sentence to encapsulate everything that it is. Well, to be able to understand music in its entirety, it is best to revisit its history. First of all, to give you the most general definition of music, it is an artistic form of auditory communication that incorporates instrumental or vocal tones in a structured and continuous manner. Another great description of music would be that â€Å"it is any pleasing and harmonious sound created by singers or musical instruments† (Espie, n. d.). These descriptions came about during the Medieval Ages where musical notation, such as monophony and polyphony, were developed. Monophony is characterized by a music that only consists of one melodic line without accompaniment and where the beauty of the chant relied on its melody. On the other hand, polyphony is a type of music created by two or more melodic lines which are heard simultaneously ("History of Music", n. d). Music in the Medieval Ages was considered the â€Å"old-guard† music because at that time people were not open to welcoming other ideas and means of creating music outside of these standard definitions stated above. Avant-garde music on the other hand, is basically the merging of all the elements and genres of music, such as the Medieval, Classical, and Romantic etc. It strongly reflects the modernist style of art music where the irregularity of melody or consistent tune and the rejection of tonality are being embraced. John Cage is an artist and composer being well known for this. He promoted the use of almost anything that could produce sound as one of the instruments to create music and at the same time considered the sound of nature and the most random things as part of his music . Two of his popular works are the â€Å"Dream† and â€Å"Souvenir†. John Cage’s â€Å"Dream† for me is a bright illustration of an â€Å"avant-garde† work. This is because of the fact that there is no consistent melody that reflects monophony and polyphony. Another point worth of noting would be the pauses or silence, which is the element that is imminent in the â€Å"Dream† and would never be considered as music per se within the context of â€Å"Old guard† era. Aside from that, one would be able to notice the altering of tonality from high to low and from long stretches of pitches to a sudden halt. Medieval Age music is totally the opposite to that of modern or avant-garde era being distinct by its repetition of melody and tones, which is something you would not be able to hear in the â€Å"Dream†. Every deployed tone is a new phase of music that reflects randomness and an expression of real life (Eidt, n. d.). A lot of peop le regard John Cage’s â€Å"Dream† as something that is composed of merely an expression of random outcome of events, which is an element that is not recognized within the â€Å"old-guard† technique. Mainly the piano was used to create this music and what makes it special is that the notes being hit are not based on a certain standard of tonality instead they are based on the musician’s score. This allows this work of his to uncover a deeper mystery and beauty as it is not repetitious and predictability of the piece is not there. Thus, its element of silence which is distinct feature of the â€Å"Dream† contributes to something new in the music sphere and causes a lot of aspiring musicians to create the same mystery and at the same time producing a story that would reflect the reality of change in everyday life. Although the

Hospers' Meaning and Free Will Essay Example | Topics and Well Written Essays - 1250 words

Hospers' Meaning and Free Will - Essay Example According to Hospers, acting based on free will is conscious yet such event is directed by unseen wires hidden within human unconsciousness at a depth which guides the main course of hatred or desire to do something that may set the person free. By this argument as well, Hospers states that one cannot be held responsible for an action resulting from a decision governed by the unconscious drive no matter how deliberately done in the process. Though a person sees and is aware of what he actually does, there emerges a series of rationalizations in an attempt to explain this while one is absent in the realization that as he acts in conscious effort or free will, it is the unconscious or the inner clockwork that takes control. Similarly, Hospers maintains the proposition that because this is so, it is the act that must be accountable and not the man to answer for his state of being since his conscious approach serves only as a vehicle to deliver the ends brought about by the unconscious motivation. Within the latter, Hospers assumes that the key to its impact relies upon the shared functions of the ‘id’ by which the wants are acknowledged, the ‘superego’ that typically contradicts the ‘id’, and the unconscious ego which through compromise, keeps these two in proper balance. In support of his position, the professor opens the subject by designating freedom in certain contexts where it may come to mind a full comprehension in relation to the nature of an act. He argues that ambiguity exists in claiming that a voluntary act is free. Hospers does not completely abolish the possibility of being inclined to the thought that all voluntary acts are free or conversely, that free acts are voluntary, he clarifies however that this is limited in scope due to subjective human preference which distinguishes acts that are voluntary from those that are not even if both could be initiated by freedom.  

Cocaine Essay Example | Topics and Well Written Essays - 750 words

Cocaine - Essay Example To understand those who use it, one must understand that cocaine is a stimulant drug that is primarily metabolized by the liver. So much of the drug is metabolized by the body, that less than 1% of the drug is secreted through urine. As stated by Maureen Coombs, â€Å"Cocaine is obtained from the leaves of the coca plant and induces a euphoric sense of happiness and increased energy. It can be chewed, insufflated, smoked or injected and has both medicinal and recreational uses†. With this information in mind, one can understand why individuals who use this substance do so. The purpose is not to experience a high, as it is with individuals who smoke marijuana. Instead, cocaine users seek the euphoric feeling and high level of energy associated with its use. Reports that have come out in past decades have indicated that deaths from cocaine use are not caused by overdose. Such reports may have caused a reduction in concern over its very real dangers. The reality is that cocaine c ontinues to kill thousands of individuals every year, and most of those deaths result from long-term damage caused by extensive abuse. According to Karch, â€Å"It is important to understand that death from acute cocaine toxicity is a relatively rare event, essentially only seen in ‘body packers’ or ‘body stuffers’ who find themselves exposed to massive, multigram quantities of cocaine. Otherwise, the only cocaine users likely to become seriously ill or die are the chronic users†. That is to say, fatal overdoses from cocaine do not occur from users â€Å"over indulging† in the user’s illegal substance of choice. Rather, the overdoses result in something going awry when individuals attempt to use themselves or allow themselves to be used as a drug mule. Packages of immense amounts of cocaine in their body are supposed to be sealed, but occasionally the packages become broken down enough to allow the cocaine to absorb in to the body. One of the reasons why cocaine users do not overdose through regular use is that the amount of cocaine required to produce an overdose is not possible via that method. The user would have to make themselves sick to achieve an overdose. When the purpose of using the drug is to achieve euphoria, to make oneself sick would be counterproductive. In terms of usage, â€Å"Nasal inhalation is the most popular method of cocaine administration certainly because of its discretion† (Blaise, pg. 1262). There are also the options of injecting the drug, or smoking it. As Blaise wrote, snorting cocaine is typically the primary method chosen because of the ease with which one can hide it—at first. Extended cocaine use has the unpleasant side effect of causing nasal lesions, which are all but impossible to hide. When officials want to test for cocaine, often they will take hair, blood, or urine samples. A little known fact about hair is that it essentially acts like a tree core. Where on a tree, each ring represents a year of life, hair shows signs of illegal substance use up to 90 days later. Urine tests can be used to screen for cocaine use 2-5 days after use, with the exception for those with certain kidney disorders. Finally, blood tests can be used accurately within 2-5 days. Individuals who indulge their drug habit with cocaine will find that at first, all may seem well and good.

Introduction Of Organic Growth Marketing Essay

Introduction Of Organic Growth Marketing Essay Organic growth represents the true growth for the core of the company, as a results of how well one company can use its internal resources to expand profits. Its the process of business expansion due to the increasing of sales, overall customer base, total assets, intangible assets or any combination of the following above. It also reflect the sustainable capacity of one company As a results of organic growth, Inorganic growth is the opposed of organic growth which results mergers and acquisitions, such as growth that are not coming from one companys existing business which also includes the impact of foreign exchange or growth that come from buying a new business that may be negative. Organic growth expanding are adjusted for the effects of acquisitions and disposals of business. Organic growth does include growth that are over a period that results from investment in businesses in one company owned at the beginning. Acquisitions, and the decline from sales and closures of whole businesses are not included into the organic growth expanding. When a company does not disclose organic growth number, its usually possible to estimate them by estimating the numbers for acquisitions made in the period being looked at and in the previous year, Its useful to break down organic sales growth into that coming from market growth and that coming from profits gains in market share, this also makes it easier to see how sustainable growth is. Relating to organic input in an organization, it can also relate to the act of closing or shutting down cost centers through established organic methods instead of waiting for a finance list. How is Organic Growth Measured Organic growth is generally measured in terms of increased sales, profits or total assets. And most companies are constantly faced with the challenges from this in their business. Businesses can choose to build their in-house competencies, invest to create competitive advantages, differentiate and innovate in their products or service line or leverage upon the market, products and revenues of other companies. Simply put, business expansion with the help of the businesses core-competencies and sale refers to organic growth and is in contrast with inorganic growth approach where expansion objectives are met though mergers and acquisition. This is also known as MA which is one of the most popular program now. An excellent example of organic growth probably (Apple Inc.). The growth rate at Apple is driven by trend-setting product innovation. Macintosh, I Mac, I Pod and the latest technological breakthrough pioneered by Apple is the I Phone, dont mention about the latest I phone 5. In research, Steve jobs, Founder of Apple Inc. comments Our belief was that if we kept putting great products in front of our customers, they would continue to open their wallets. Microsoft, on the other hand is a clear case of In-Organic growth is measured as it has successfully completed more than 100 acquisitions since 1986. Inorganic growth or growing through mergers and acquisitions also provides the following benefits below to the business plan. To reduce market competition Instantly adds service lines to acquiring company Provides access to fresh customer base and adds new geographical locations within Acquire an established marketing channel New management skills Time to market substantially reduced which gives businesses a significant competitive edge Building brans and marketing channels to serve customers better Focus on growth strategies (It is easy to prepare and plan well) Organizational efficiency Industry and economic factors play a crucial role in motivating companies to adopt the inorganic route for growth. Slowing industry growth rate, fragmented industry, too many competitors fighting for the same market share are some compelling reasons which push businesses towards MA route. Other than that, economic slump creates opportunities for cash rich companies to get hold of unutilized capacities of loss making competitors at attractive valuation. The success of organic growth is a test of the managements ability to share a common vision and deliver that vision. Companies growing organically not only measure their success on financial metrics alone but take careful note of other metrics like customer satisfaction metrics, product quality metrics, logistics and supply chain metrics etcà ¢Ã¢â€š ¬Ã‚ ¦..some of the typical characteristics of businesses which believe in the benefits of organic growth are customer centricity. 3.Types of Organic Growth Type of organic growth strategies are built up of, Revenue, Headcount, Public Relations Quality. This are all the four main pillars that support Organic Growth. Revenue is the lifeblood of any business. Without dollars flowing in, it is impossible to pay employees, suppliers and vendors. Businesses that are growing organically seek to grow revenue volume in the most efficient manner possible. Revenue growth eventually leads to profit growth, which is the final goal of organic growth strategies. Headcount is critical for any growing business. As revenue grows, companies can afford to hire more employees. For customer service, sales and marketing and production departments to function efficiently, they must properly well staffed. A good HR department is critical to the success of a growing company. Quality is more important than quantity for company headcount, as employees are the biggest asset of any small or big enterprises. Public Relations and advertising allow companies to get the word out about their products and services. Good public relations drives traffic to company websites and gets perspective customers attention. Good public relations strategies also allow for revenue growth to keep those properly staffed departments busy. While bad public relations can be more damaging to a company than good Public relations can be effective. Word of mouth or social media and traditional public relations avenues all must be used and monitored to ensure positive word of mouth advertising and branding. Quality in growing company started with the first contact a customer has with the corporation all the way to delivery of the final product. To successfully grow any enterprise, there needs to be a quality product. Organic growth relies on repeat business from satisfied customers. Customers will rarely buy a product a second time if the first impression or experience isnt top notch. Quality control and customer service are critical to gaining a sufficient sales volume to grow a company. Whether its a website or an in person sales presentation, the initial contact with potential clients must be top notch. Product quality, customer service and product support need to continue the standard of excellence that the marketing and sales departments begins. With all four pillars growing in sync, organic growth is inevitable. Organic Growth (Internal External Methods) Compare Internal growth External growth, internal growth is typically a slower process and can be financed by asking shareholders to contribute more capital, or by ploughing back profits into business. The main disadvantage of such an approach is that it takes time. In the meanwhile, rivals may be expanding and gaining competitive advantage. However, the main advantage is that the business is able to maintain a healthy gearing position. Because it is not building up external debts that require interest repayments, it is better placed maintain solvent growth. In addition ownership and control of the business is more likely to be retained by the existing shareholders. Many of the leading companies owe much of their early growth to internal growth, where through hard work and careful planning the original owners were able to grow their businesses successfully. While External growth can be carried out by seeking external finance, or merger and acquisition. These approaches tend to reply on bringing external fiancà © into the business in order to fund expansion, and therefore can lead to a deteriorating gearing postion. Merging with another company is a mutual arrangement whereby two companies join together. Typically one company will issue shares in exchange for shares in another company. A take-over occurs when one business acquires a controlling interest in another. This Involves purchasing at least half of the shares in the company being taken over. External growth enables fast expansion of business but there are a number of problems. Where two companies come together, the cultures may be quite different and difficult to match up. In additional there may be disagreements between managers who are used to work in a different practices and systems. The business change needs to be handled carefully from the human resource management perspective. Experts Comments According to experts, getting organic growth right is the key point to success. Organic growth is the lifeblood of every company. While acquisitions are a path to growth, Booz Company research shows that few acquisitions can be justified on cost synergies alone; buyers must be able to grow organically what they acquire. Yet most companies struggle with organic growth, especially when their business models and markets have matured. There are many reasons for this. For example, short-term pressures to produce profits can stunt investment, and typecasting some businesses as cash cows and others as growth engines can become self-defeating. One very common problem is chasing rainbows that will never be caught, while the best opportunities are hiding in plain sight. In an economy still facing massive headwinds, the ability to grow organically is more crucial than ever; companies can no longer see organic growth as an everyday task best to the operating units. Organic Development Preferred Many see organic growth as the most preferred growth strategy, for example, Banks considered organic growth to be the number one strategic priority, a survey by PricewaterhouseCoopers (PWC) has found that 92 percent of survey participants saw opportunities more on organic growth than in acquisition. The proportion was 10 percentage points higher. The survey of more than 100 senior banking executives found there could be a growth in branch expansions in 2012, as 39 percent of those polled said they planned op open up to 25 braches this year, while 11 percent planned to open more then than 100 branches. According to one of the spoke man, that fiqure was in line with the finding that 35 percent say small and medium enterprises (SMEs) will generate the highest growth in lending in 2012, while savings accounts (43 percent) will be the most popular form of funding. Conclusion To conclude, Overall growth option offer intrinsic value in their own way and the choice is dependant on the market and industry scenario as well as the strategic vision of the business. In face, a good management principle would be to use a combination of both methods to gain a steady growth pattern in which benefits the business in a long run. Using organic growth options for things which one does best, and using inorganic growth measures for the expanding the business potential is a potent mix when it comes to gearing up for growth. Inorganic growth is not necessarily in conflict with the organic growth, acquisitions are meant to complement the organic growth rather than act as a substitute, that talent and technology that was elsewhere and which can now be integrated to boost company performance. Thus, smaller companies with low risk taking abilities should establish their presence in market through organic approach to growth and eventually should look to accelerate their growth rate by strategic acquisitions once they have financial ability to bear the risks that come along with mergers and acquisitions. Bigger companies on the other hand should allocate their investment capacity between internal investments on enhancing competitiveness and acquisitions to tap into faster growth options by consolidating within the industry, acquiring presence in other markets and bringing in newer technologies or talents that complement and enhance their competitive position.

Amy Tans The Joy Luck Club Essay -- Essays Papers

Joy Luck Club The stories of Suyuan and Jing-Mei Woo reveal some of Amy Tan's main themes in the novel. One important theme is that we must get to know and understand our parents in order to fully understand ourselves. June spends the first half of her life believing that she is a disappointment to her mother and has been unsuccessful in life. However, when she learns more about her mother's past and discovers that her mother is proud of her good heart and concern for others, she realizes that she has accomplished something by doing small things to the best of her ability. She learns that one does not have to be famous, or a genius, or greatly wealthy in order to be successful. Another important theme is that we need to make our own choices in life and find our own life's importance. When June was a child, her mother was constantly pushing her to try different things that she had no interest in. Because she did not care about any of these things, she did not really try to be successful, and theref ore, would never accomplish anything great. We build our own importance in life by deeply caring about something that we choose and putting all of our effort into developing or accomplishing this. The relationship between June and her mother, Suyuan, is far from flawless, yet has the foundation of love that can never be destroyed. There are many misunderstandings between these two women that are unfortunately left unresolved until after Suyuan's death. Amy Tan uses this relationship and all of its complications to teach the readers important themes about life. Ultimately, love between this mother and daughter prevails through all conflict, and even beyond Suyuan's death, when her long-cherished wish of uniting her daughters is fulfilled. The Joy Luck Club: Cutural Differences Between Daughters and Mothers There are numerous conditions in human life that mold people into who they presently are. A person's identity and way of thinking are influenced greatly due to their family's surroundings, and relationships they are involved in. In the novel, The Joy Luck Club, the characters are generic, in the sense that, although they are from different families, the problems and emotions experienced are similar. The daughters are in an on-going search to discover themselves, who they are and what they represent. With their precious mother-daughter bonds, four immig... ...listic needs are not worth pursuing but finding yourself is: "With all these things, I did not care. I had no spirit" (Tan 286). Other times,in trying to instill what is left of the Chinese heritage, the American way of life is blended in, but alas, "I wanted my children to have the best combination: American circumstances and Chinese character. How could I know these two do not mix?" (Tan 289). The characters of the novel, The Joy Luck Club, unravel the intricacies of combining a Chinese heritage with American circumstances and tell of the relationships between mothers and daughters. The strong bond, that is present amongst the characters, will infinitely outlast all obstacles. From each generation, all of the women "are like stairs, one step after another, going up and down, but all going the same way" (Tan 241). There are advantages and disadvantages to growing up with American circumstances, as well as learning and obtaining Chinese character, but one must be chosen over the other to be free. "I think about two faces. I think about my intentions. Which one is American? Which one is Chinese? Which one is be tter? If you show one, you must always sacrifice the other" (Tan 304).

The Islamic Republic of Pakistan

The Islamic Republic of Pakistan is bordered in the north-west by Afghanistan, north by the former USSR and China, east by India and south by the Arabian Sea. The Muslim state that emerged from partition of British India on 14 August 1947 included an eastern wing comprising mainly the eastern half of Bengal province and parts of Assam. (The name Pakistan is coinage representing ‘Punjab, the Afghan border states, Kashmir, Sing and Baluchistan') For nine years Pakistan remained a dominion. It was proclaimed an Islamic republic on 23 March 1956.A federal parliamentary system functioned until-Field -Marshal Muhammad Ayub Khan seized power in a coup in October 1958. Ayub proclaimed a presidential system in the constitution of 1962 and ruled until March 1969, when he was deposed by Gen. Yahya Khan. In the first free elections in December 1970, Zulfikar Ali Bhutto's Pakistan People's Part dominated the west, while Sheikh Mujibur Rahman's Awami League swept the board in the east, winni ng 160 of the 162 seats. East Pakistan proclaimed sovereignty and formed the People's Republic of Bangladesh on 26 Narcg 1971.Civil war followed after Yahya, supported by Bhutto, ordered troops to arrest Mujib and put down the Bengali uprising. The east-west war ended in December 1971. Yahya handed over power to Bhutto, who ruled until July 1977, before being over-thrown after an opposition campaign against alleged rigging in general elections. Gen. Zia-ul-Haq took over-initially to hold elections and transfer power to a civilian regime. But elections were twice postponed and Bhutto was tried for the murder of a political opponent and executed. Gen.Zia was killed in a plane crash on August 17, 1988 and Senate Chairman Ghulam Ishaq Khan took over as Action President. The country was placed under emergency rule. In the general election held on November 16,1998 the Pakistan People's Part (PPP) led by Benazir Bhutto won the largest number of seats (92). Benazir assumed office as the PM on December 9. Ghulam Ishaq Khan was elected President on December 12. Benazir was dismissed in Aug. '90 and Nawaz Sharif of Islami Jamhoori Ittehed took over as Pakistan's 11th Prime Minister on November 5. Sharief was dismissed in 1993.The Supreme Court annulled the dismissal leading to constitutional impasse. Moeen Qureshi took over as caretaker Prime Minister in July. PPP returned to power in Oct. '93 and Ms. Bhotto took over as PM once again. In Apr. ;96, Imran Khan launched a new part ‘Movement for Social Justice'. In Nov. , Ms. Bhutto was dismissed as PM, the National Assembly dissolved, and M. M. Khalid appointed caretaker PM. On Feb. 17, 1997, Nawaz Sharif was sworn in as Pakistan's 13th PM. Tensions between the military and PM Sharif ended in a coup by army chief. Gen. Pervez Musharraf on Oct. 12, 1999. Nawaz Sharif was later exiled to Saudi Arabia. e was convinced and sentenced to 25-year-long life sentence on charges of hijacking and terrorism. Pakistan was suspend ed (Oct. 18, 19999) from the Commonwealth. A milestone in Indo-Pak relations was the Lahore bus ride by Indian PM Vajpayee in Feb. 1999. Ethnic and communal conflict that had been raging in Karachi intensified in 1995. The Urdu-speaking Muhajirs are demanding equal rights and autonomy. in Jan-Aug, '97, over 150 persons were killed in Shia-Sunni violence, and at least 250 were shot dead in Karachi. In Aug. , government enacted a new law to combat the growing sectarianism and terrorism.Elections are to be held in Oct. 2002, as per Supreme Court order and judgment. Kashmir: Pakistan controls the northern and western portions of Kashmir, an area of about 84,160 sq km with a population of about 2. 8m. in 1985. The pak-occupied Kashmir has its own Assembly, its own Council, High Court and Supreme Court. There is a Parliamentary form of Government with a Prime Minister as the executive head and the President as the constitutional head. The seat of government is Muzaffarabad. The Pakistan G overnment is directly responsible for Gilgit and Baltistan (the north).On May 28, 1998, Pakistan tested five nuclear devices and this was followed by a sixth one on May 3. Agriculture )including forestry and fishing) is the mainstay of Pakistan's economy, employing about 50% o the working population and providing about 25% of the country's gross domestic product (GDP). The entire area in north and west is covered by great mountain ranges. The rest of the country consist soft a fertile plain wintered by five big rivers and their tributaries. Agriculture is dependent almost entirely on the irrigation system based on these rivers.The main crops are wheat, cotton, maize, sugar-cane and rice, while the Quetta and Kalat divisions (Baluchistan) are known for their fruits and dates. Pakistan is self-sufficient in wheat, rice and sugar. Industry employs about 10% of the population. Manufacturing contributes about 20% to GNP. Refined sugar, vegetable products, jute textiles, soda ash, sulphur acid, caustic soda, chip board and paper board, bicycles, cotton cloth, cotton yarn, cement and steel. Main exports are cotton cloth, cotton yarns, rice, leather, carpets and tapestries. There are international airports at Karachi, Islamabad, lahore, Peshwar and Quetta.

John Reed, account of Bolshevi essays

John Reed, account of Bolshevi essays How useful is the eyewitness account of the Bolshevik revolution by John Reed for an historical understanding of the Bolshevik revolution? John Reeds, Ten Days that Shook the World immediately stands out as a crucial primary historical source on the Bolshevik revolution. His eye witness account of the events in Petrograd are important as the revolutionary actions that took place similarly replicated events that took place all over Russia. Reed creates an insight into the events, actions, feelings and emotions of the Bolshevik revolution that has not been replicated. There was no other similar documents to Reeds at the time and thus Ten Days stands out as one of the key primary sources on the time period. Despite scholarly debate as to the accuracy and excess emotion rather than fact in Reeds work, it is widely agreed that his text is crucial for a complete understanding of the Bolshevik revolution. As Bertram D. Wolfe writes, Whether because of or despite the dream which possessed him, as literature Reeds book is the finest piece of eyewitness reporting the revolution produced. 1 Immediately, in the preface to the book Reed makes clear the reasons why he has written the text. Just as historians search the records for the minutest details of the story of the Paris Commune, so they will want to know what happened in Petrograd in November 1917, the spirit which animated the people, and how the leaders looked, talked and acted. It is with this in view that I have written this book.2 Here we see the sort of understanding he wants his readers to have achieved, an eyewitness account of the Bolshevik revolution with details on the spirit of the people and incredible insight on the leaders actions and beliefs during the revolutionary period. Like all historical documents, Reeds is undoubtedly biased. He attempts to be a reporter of facts and events but in the preface admits that in...

La Venta Olmec Archaeology site La Venta

La Venta Olmec Archaeology site La Venta The La Venta is an archaeological site in the Mexican State of Tabasco. At the site are the partially excavated ruins of an Olmec city which thrived from approximately 900-400 B.C. before being abandoned and reclaimed by the jungle. La Venta is a very important Olmec site and many interesting and significant artifacts have been found there, including four of the famous Olmec colossal heads. The Olmec Civilization The Ancient Olmec were the first major civilization in Mesoamerica, and as such are considered the parent culture of other societies that came later, including the Maya and Aztec. They were gifted artists and sculptors who are best remembered today for their massive colossal heads. They were also talented engineers and traders. They had a well-developed religion and interpretation of the cosmos, complete with gods and mythology. Their first great city was San Lorenzo, but the city declined and around 900 A.D. the center of Olmec civilization became La Venta. For centuries, La Venta spread Olmec culture and influence throughout Mesoamerica. When La Ventas glory faded and the city declined around 400 B.C., Olmec culture died with it, although a post-Olmec culture thrived at the site of Tres Zapotes. Even once the Olmec were gone, their gods, beliefs and artistic styles survived in other Mesoamerican cultures whose turn for greatness was yet to come. La Venta at its Peak From about 900 to 400 A.D., La Venta was the greatest city in Mesoamerica, far greater than any of its contemporaries. A man-made mountain towered over the ridge at the heart of the city where priests and rulers carried out elaborate ceremonies. Thousands of common Olmec citizens labored tending crops in the fields, catching fish in the rivers or moving great blocks of stone to the Olmec workshops for carving. Skilled sculptors produced colossal heads and thrones weighing many tons as well as finely polished jadeite celts, axe heads, beads and other pretty things. Olmec traders crossed Mesoamerica from Central America to the Valley of Mexico, returning with bright feathers, jadeite from Guatemala, cacao from the Pacific coast and obsidian for weapons, tools and adornments. The city itself covered an area of 200 hectares and its influence spread much further. The Royal Compound La Venta was built on a ridge alongside the Palma River. At the top of the ridge are a series of complexes collectively referred to as the Royal Compound because it is believed that the ruler of La Venta lived there with his family. The royal compound is the most important part of the site and many important objects have been unearthed there. The royal compound - and the city itself - is dominated by Complex C, a man-made mountain built of many tons of earth. It was once pyramidal in shape, but the centuries - and some unwelcome interference from nearby oil operations in the 1960s - have turned Complex C into a shapeless hill. On the northern side is Complex A, a burial ground and important religious area (see below). On the other side, Complex B is a large area where thousands of common Olmecs could gather to witness ceremonies taking place on Complex C. The royal compound is completed by the Stirling Acropolis, a raised platform with two mounds: it is believed that the royal reside nce was once located here. Complex A Complex A is bordered on the south by Complex C and on the north by three massive colossal heads, clearly setting this area aside as a privileged zone for the most important citizens of La Venta. Complex A is the most complete ceremonial center to have survived from Olmec times and the discoveries made there redefined modern knowledge of the Olmec. Complex A was evidently a sacred place where burials took place (five tombs have been found) and people gave gifts to the gods. There are five massive offerings here: deep pits filled with serpentine stones and colored clay before being topped with serpentine mosaics and earthen mounds. Numerous smaller offerings have been found, including a set of figurines known as small dedicatory offering four. Numerous statues and stonecarvings were located here. Scuplture and Art at La Venta La Venta is a treasure trove of Olmec art and sculpture. At least 90 stone monuments have been discovered there including some of the most important pieces of Olmec art. Four colossal heads – out of a total of seventeen known to exist – were discovered here. There are several massive thrones at La Venta: huge blocks of stone brought from many miles away, carved on the sides and meant to be sat or stood upon by rulers or priests. Some of the more important pieces include Monument 13, nicknamed â€Å"the Ambassador,† which may contain some of the earliest glyphs recorded in Mesoamerica and Monument 19, a skillful depiction of a warrior and a feathered serpent. Stela 3 shows two rulers facing one another while 6 figures – spirits? – swirl overhead. Decline of La Venta Ultimately La Ventas influence petered out and the city went into decline around 400 B.C. Eventually the site was abandoned altogether and reclaimed by the jungle: it would remain lost for centuries. Fortunately, the Olmecs covered up much of Complex A with clay and earth before the city was abandoned: this would preserve important objects for discovery in the twentieth century. With the fall of La Venta, Olmec civilization faded as well. It survived somewhat in a post-Olmec phase referred to as the Epi-Olmec: the center of this age was the city of Tres Zapotes. The Olmec people did not all die out: their descendants would return to greatness in the Classic Veracruz culture. Importance La Venta The Olmec culture is very mysterious yet very important for archaeologists and modern-day researchers. It is mysterious because, having disappeared over 2,000 years ago, much information about them has been irrevocably lost. It is important because as the parent culture of Mesoamerica, its influence on the later development of the region is immeasurable. La Venta, along with San Lorenzo, Tres Zapotes and El Manatà ­, is one of the four most important Olmec sites known to exist. The information gleaned from Complex A alone is priceless. Although the site isnt particularly spectacular for tourists and visitors - if you want breathtaking temples and buildings, go to Tikal or Teotihuacn - any archaeologist will tell you its just as important. Sources: Coe, Michael D and Rex Koontz. Mexico: From the Olmecs to the Aztecs. 6th Edition. New York: Thames and Hudson, 2008 Diehl, Richard A. The Olmecs: Americas First Civilization. London: Thames and Hudson, 2004. Gonzalez Tauck, Rebecca B. El Complejo A: La Venta, Tabasco Arqueologà ­a Mexicana Vol XV - Num. 87 (Sept-Oct 2007). p. 49-54.

Research Report Paper Example | Topics and Well Written Essays - 250 words

Report - Research Paper Example Misdemeanors are petty crimes and felonies are crimes of a more serious nature like the murder in question. 3. The litigants in this case were the people or rather the state against the accused person who in this case is Michael Seaton. When it comes to criminal cases, any offender, the person who commits the crime that is, is considered to have harmed not only the victims of his offence but the entire population of that state through his actions. This explains why criminal cases do not depend on the victims or complainants to bring the case to court for the trial to begin. However, this is not to say that the victims/complainants are of no importance to these trials because they are, through their testimonies in court. The court prosecutors are charged with the duty of defending the interests of the people/state in criminal cases. The court prosecutors initiate the criminal proceeding, but they need the complainants help to give evidence of the accused persons guilt. No court will convict a man without evidence of his guilt beyond a reasonable doubt. In this case Britni Glover, the littl e boy’s mother was one of the witnesses testifying against Michael to prove his guilt. 4. In all criminal cases, the burden of proof is the task of the prosecution. The term burden of proof simply means the duty or liability of a party to prove their claim or allegation against another party. An accused person is considered innocent until proven guilty. On one hand, since the prosecution - representing the public - brought the case to court they have to be the ones to prove Michael’s guilt. This is where victims of crime or rather complainants in other words like Britni Glover come in to help prosecution prove his guilt. On the other hand, Michael’s duty, was to prove his innocence if he felt the need to. This was optional for him since he could have chosen to let the case take its own cause. 5. With criminal cases if the prosecution, bearing the

Forces in International Business Research Paper

Forces in International Business - Research Paper Example The business environment is indeed inundated with waves of issues that totally define the nature of operations. This mix translates to what is referred to as the business environment. The forces that define the business environment normally range in various aspects as can be realized in the modern age. Some of these factors can be controlled by the business whereas others are beyond the manipulation of the business. These factors are the core subject matter in this essay. It seeks to address how the external environmental forces influence operations. FORCES IN INTERNATIONAL BUSINESS Introduction The modern business environment is defined by myriad factors that vitally influence the operations of all players in market. ... In most cases, some of these factors affect the organizations directly while others impact indirectly on the organizations. In that manner, the modern business environment is classified into; internal environment, operational environment and external environment. The first two classifications are normally a function of the organization’s own operations and can therefore be influenced whereas the external environmental factors are broad in scope and cannot easily be manipulated by the operations. Economic environment The economic business environment usually refers to the combination of the nature of economic system prevailing in the country of operations, the anatomical structure of the economy in terms of economic policies, the government’s regulation of the capital markets and such other factors as the socio-economic infrastructure. Such market situations are normally great determinants of the success or failure of entirely all organizations (Becker, 2001). In any cas e, a supportive economic environment is the best condition an organization may imagine. Most multinationals today operate in entirely different economic systems from their home countries and are as such usually compelled to adapt to the conditionality in existence. In many countries, governments in place have tried to promote investment activities though the creation of favorable economic environments that support the operations of investors. The economic systems in many countries differ in many respects and this has a great influence on investment viability. The economic systems in the Eastern countries are totally different from the systems in the Western economies.

Airports of the Future Term Paper Example | Topics and Well Written Essays - 1000 words

Airports of the Future - Term Paper Example Decision Support Systems constitute a class of computer-based information system that includes knowledge-based systems supporting the activities of decision making. Future Traffic The condition of future traffic is questionable. It is likely to grow in a much higher rate. This is due to the fact that the domestic market is not yet saturated and the drastic increase in population and national wealth. Increase in globalization will also give more reasons to travel for long distances for personal reasons and business. The traffic has also increased steadily due to a reduction in costs due to such changes like deregulation of the economy by the airlines, lowering of the fuel prices, rise in revenue due to the introduction of yield management systems and more efficient and larger aircraft that have to engines and fewer pilots. The international components are likely to expand due in the future due to factors like growth or increase in the number of foreign visitors and improvement in the range of aircraft facilitating the long distance travel. In order to adjust to globalization, airports will have to install customs and adopt international standards of service and communication. Cargo traffic is also expected to rise due to the advancement of companies in terms of systems of distribution around electronic commerce. The growth of cargo carrier will also be hastened due to suppliers substituting websites for mortal and brick stores and shipment to customers directly for in-store inventories and warehouses (Neufville, 2000). Future Airport Designs There are likely massive changes in the design of airports. However planners must be careful as this may affect the airport’s airside in regard to the length, spacing an orientation of the runways as well as the landslide as concerns the functions and configuration of the buildings of the airport passenger. These changes will be as a result of increase in economic significance of air transportation that lead to indivi duals concerned to look after the facilities of the airport and treat them as businesses. Furthermore, there are estimates of the economic benefits that accompany main airport expansion that will surely have an effect on the future airport systems planning and design. Airside: future airports with long runways that are unconstrained in their operations will allow the aircraft that is heavily loaded to travel unusually long ranges. This will transform the patterns of international travel drastically. New massive airports are will also be expected, those with sets of unusually long parallel runways. These will act as counterpieces of transfer hub or new economic area. The design of these airports will result to New Large Aircraft (NLA) that will demand separation of taxiways, runways and buildings more than is considered standard at the moment. Therefore, there is a greater chance in the change of patterns of international and intercontinental gateways. Due to the increase in the leve l of traffic and number of airports in the metropolitan, main airports will not be able to hold all kinds of traffic. This will lead to the emergence of complementary clusters of airports that will serve international cheap fare or charter airlines. Landslides: airport passenger buildings will also be likely to change much in the future. The changes are likely to rearrange the allocation of spaces and types facilities in the

Losing Common Sense in a Sea of Technology Essay Example for Free

Losing Common Sense in a Sea of Technology Essay Technology has made miracles take place. Technology is an asset to our society. Things we could not do with our anatomical brains we can conjure up with a machine. With the answers to simple questions at fingertips with the availability of the internet, simple thought processes replaced with instant gratification. Critical thinking is almost extinct due to rapid response internet websites and databases. In today’s society, we depend on computers and technology to dictate schedules, lead meetings, and manage social lives. Therefore, ruing personal bonds, destroying critical and creative thinking, and losing common sense. The introduction of technology and computers on society has been beneficial in many areas, science having the biggest impact. For example, new radar technology will allow forecasters to see extreme weather, as will potential improvements to satellite technology, as well as computer models that run on powerful super computers. With these radars improved, more lives saved. â€Å"This will allow us to get to cover faster and be better prepared† (Lubchenco, Hayes 68). Another example of how technology has been beneficial to our society is in the medical field. Today many surgeries perform with the help of robots. Robotically assisted cardiac surgery presents less invasive than conventional surgery, with shortened hospital stays and faster return to daily activities (Krueger, Jones, Howell, etal. ) The largest benefit of technology is the easy and fast access that has come from the Internet. Almost any subject matter, research papers, and technical documents are available to anyone. Communication has also become much simpler using the Internet. Computers and the internet has become a staple in the American home. Not only are Americans conforming to an E-society, the rest of the world is too. This intention of this paper is not to discourage technology. Technology has done the unimaginable in societies here and abroad, perhaps technology has done too much. As we advance in the small gadgets and upgrade our systems to use the latest software, it is safe to say, we have become â€Å"addicted†. Because of this â€Å"addiction† or dependency on technology and computers, more and more people are flooding to their P. D. A’s or to their laptops to do simple everyday tasks; we should know how to do already. Anything from grocery shopping, booking a plane flight, depositing a paycheck, can be done over the internet from a personal computer, cell phone, or I Pad. Life as we know it is becoming a virtual reality within itself. We focus our addenda’s and our itineraries based around technology. Despite the positive impact technology has made on education, there are certainly areas that it poorly used. â€Å"The uncontrolled use of technology without examining its long-term benefits and potential problems is not something that should be allowed to happen in education. (Hodorowicz) For example, more and more often universities are moving toward â€Å"distant learning†, or online classes. â€Å"Nothing can replace the interactions between students and teachers. Once the process of learning from a fellow person has been automated to something mechanical many things will be lost† (Hodorowicz). Furthermore, automated grading loses the ability to see just where a student went wrong, or what the student was trying to achieve in an answer. Online courses remove the ability to deal with truly great teachers in a personal way, and it removes the ability to interact with other students. Automated education also hinders getting help when needed. It has been noted that with the use of computers and technology â€Å"education will no longer be an unpredictable and exciting adventure in human enlightenment, but an exercise in conformity and an apprenticeship to whatever gadgetry is useful in a technical world† (Schwarz). Technology has also been useful inside the home. yet, has been a key factor in the decline of stable, social relationships. Researchers are debating whether the Internet is improving or harming participation in community life and social relationships. This research examined the social and psychological impact of the Internet on 169 people in 73 households during their first 1 to 2 years on-line. We used longitudinal data to examine the effects of the Internet on social involvement and psychological well-being. In this sample, the Internet was used extensively for communication. Nonetheless, greater use of the Internet was associated with declines in participants communication with family members in the household, declines in the size of their social circle, and increases in their depression and loneliness (Kraut, Patterson,Keisler,etal. . Virtual communities are becoming an ever-growing normality. With the social networks like Facebook and twitter comes the anonymous predators. † The Internet is populated by people with false identities, people with inaccurate information, people who express themselves quickly and with little reflection or sense of accountability† (Schwarz). New frauds and ill opportunities to drain ba nk accounts emerge daily; just an example of how we are coming adapt to the cyber world with our eyes wide open. We are losing what it means to be human and the morals that were once instilled. As stated earlier in this paper, this is not a paper of whether technology in our world today is right or wrong. This is a paper proving how our ethical values and use of common knowledge are becoming extinct because we allow computers to think for us. We are losing creativity to think â€Å"outside the box† with our learning becoming more of a mathematical equation than an experience. Relying too much on technology is what will lead to the extinction of man, maybe not of a species, but of an individual, rather than random avitar. Works Cited Schwarz, Gretchen.

Supernatural Elements in Shakespeares Macbeth Essay -- William Shakes

Consider the use that Shakespeare makes of supernatural elements in the play Macbeth. In the Shakespearean era, there was an eruption of superstition and alleged witchcraft. The people of that time had strong hatred for the ‘devil worshiping’ witches and had various trials and tests to determine their fate. Shakespeare used this as inspiration for his play ‘Macbeth’ We see the character of Macbeth go through a personality transformation after a powerful predicament from Three witches. Starting as the highly thought of thane of Glamis, Macbeth is told he shall become thane of Cawdor and then king. The witches, quickly portrayed as evil, could have predicted these events, or simply planted the idea in Macbeth’s head, to exploit his fatal flaw. As the play begins, we are introduced to the witches. They speak in rhyming couplets, just as all supernatural elements in Shakespeare’s work do. This could have been to let the audience, which would have been aware of this technique, that the witches are in fact, or simply appear magical. The stage directions indicate â€Å"thunder and lightning,† every time the witches appear, this same stage direction is given throughout the play to set the intended atmosphere, this is pathetic fallacy. The witches discuss the soon to come meeting with Macbeth, â€Å"apon the heath† â€Å"there to meet Macbeth†(Act1,scene1) Thus showing the witches knew about Macbeth before the meeting and the predictions were intentionally given. As Macbeth returns from a victorious war, he is unaware of the forthcoming encounter with the witches. Before he arrives ‘apon the heath’ the witches show a first glimpse of evil, one tells a tale of a woman whose husband she will curse. â€Å"he shall live a man forbid.† Meaning he will lived ... ...im. At this moment Macbeth realises his fate, and fights to his death with Macduff. Malcom then becomes king, and Macbeth’s head it placed on a steak. To conclude Shakespeare used the supernatural, to show how easily someone’s fatal flaw can be exploited to bring them to an end. This is extremely relevant to his audience at that time as well, no one knows, but Shakespeare could have been a non believer in the supernatural and wanted to show it as a figment of the mind, that can only result in insanity or he could have believed the popular opinion that the supernatural did exist and caused terror and evil throughout that period. Either way he wrote Macbeth in such a way to leave questions about the supernatural in peoples mind. Works Cited Shakespeare, William. Tragedy of Macbeth . Ed. Barbara Mowat and Paul Warstine. New York: Washington Press, 2008.

Witness Statement

Witness Statement/Bosnia I think that we should not go to war unless the United States’ military, citizens, or leaders are involved in the problem. A very good example of when we did help and it ended badly was what happened in Bosnia in 1992. Many different ethnic and religious groups lived together under a repressive communist government in Yugoslavia. In April 1992, Serbia set out to ethnically cleanse the Bosnian territory by removing all Bosnian Muslims, the Bosniaks, after the president Tito died in 1980.In 1993, The UN learned about this cleanse and made Sarajevo and many other places safe areas for Bosniaks. Slobodan Milosevic responded to the UN by attacking Bosniaks and surrounding Sarajevo. He blocked all roadways and closed down all the airports in Sarajevo. The Serbs then opened fire on thousands of UN peacekeepers and other citizens. This was the largest massacre in Europe since World War 2 by killing a rough total of 23,000 women and children and 8,000 men, whic h many were part of the UN aid.The UN tried to help again by sending thousands of flights to try and air lift the remaining people out of this unsafe area. In December 1995, the U. S. led negotiations that ended the conflict in Bosnia and provided a force to maintain the problems in the area until it was safe. Some could argue that the UN’s help was critical to stopping this issue, but I think it made it worst. I understand that the issue would have been terrible if no one stepped in but the Serbs didn’t actually do something until they noticed that the UN declared a safe zone.The UN making a safe zone made Milosevic angry and he then took over the safe zone. It was unnecessary for anyone to get involved in this issue besides the Serbs and Bosniaks. There were many deaths that could have been stopped if the UN just left the situation unfold by itself. I think that we should not go to war unless we are a part of the problem and this is a perfect example of why.

Gun Control Essay

Gun control is not one issue, but many. To some people gun control is a crime issue; to others it is a rights issue. Gun control is a safety issue, an education issue, a racial issue, and a political issue, among others. Within each of these issues there are those who want more gun control legislation and those who want less, on both sides of this issue, opinions range from moderate to extreme. Like most topics relating to government and its ruling ability, the topic of gun control is based heavily on political affiliation. Since the 1950’s the majority of the Republican Party have strongly opposed gun control efforts, and have been aiming to shoot down legislation enacted at the local, state, and national levels. The republican viewpoint of anti-gun control has strong backing by the National Rifle Association (NRA) and many other gun control-lobbying organizations. The party insists on increased enforcement of laws already in place and stronger penalties for those who disobey , rather than creating entirely new gun control measures. On the other hand the popular view among the Democratic Party is for the enactment of new legislation for gun control. This party bases their argument on a loose interpretation of the constitution believing that the individual has the right to bear arms but under reasonable regulation. The Brady Campaign and the Coalition to Stop Gun Violence (CSGV) are organizations that back the Democratic Party’s views of pro gun control. Guns are not for everyone. Certain individuals cannot handle a firearm safely, and some individuals choose to use firearms inappropriately. Our society has passed laws regulating the ownership and use of firearms, and more legislation is being considered. Most of this legislation restricts, to some degree, the rights of individuals to possess or use firearms. Some restrictions may be necessary, but some recent legislation may have gone too far. Society benefits from firearms in the hands of responsible citizens and attempts to keep firearms away from these citizens whom do more harm than good. The Brady Bill is one example of an attempted solution to the problem of gun control. The Brady Bill is named after James Brady, who was shot by John Hinckley during an assassination attempt on President Reagan in 1981. Supporters of the Brady Bill used that incident to gain support for their gun control legislation, claiming it would reduce crime and save lives. In November 1993 president Bill Clinton signed the Brady Handgun Violence  Protection Act, otherwise known as the Brady Bill, into law. This bill required a 5 business-day waiting period for licensed dealers so that law enforcement may conduct background checks on the potential handgun buyers. The idea behind this bill is to screen out felons and other dangerous people from acquiring handguns. This required waiting period also subsequently stops enraged people from buying guns in the heat of the moment, and gives the individual time to cool down and think about their actions. The Brady Bill was essentially an improvement of the 1968 Gun Control Act, which laid out the types of people that should not be armed like felons, youth, and the dangerously mentally ill, but it did not implement a system of verifying that people were telling the truth when they purchased guns at gun dealers. During the 1990’s Richmond Virginia’s homicide rate was among the highest in the nation for cities with 100,000 plus people. Unsurprisingly 85% of the homicides in 1997 were committed with guns, with 40% being drug related, and 60% of the crimes were committed by prior offenders. To counteract this rising homicide rate republican governor James Gilmore teamed up with the NRA in order to create a program that increased the penalty entailed with the illegal use of firearms. The federal program, Project Exile, formally initiated in February 1997, shifted the prosecution of all gun crimes immediately to the federal level, rather than the state. Illegal gun possession offenders are subject to a mandatory minimum sentence of five years in federal prison without the possibility of parole. Project Exile also mandates a 15-year prison sentence without the possibility of parole for felons caught in possession of a firearm during the transaction of the crime. Offenders are â€Å"exiled† to federal prison and with such a bold prison sentencing this law became well known on the streets. The program was an instant success. In the first 10 months of 1998 homicides in Richmond Virginia were down 36% and the number of firearm related homicides were down 41%. 196 people were sentenced to an average of 55 months in federal jail and 440 guns were seized. Since this program began, it has now been set to place in cities such as Baltimore, Chicago, Miami, and Philadelphia. Because of the Republican Party’s involvement they use Project Exile as a model suggesting that the party doesn’t ignore gun control issues. In the District of Columbia there was a law that made it illegal to carry unregistered firearms and prohibited the registration of new handguns. This  l aw also required any previously owned firearms to be kept at a disabled state which means the guns had to be unloaded and dissembled or bound by a trigger lock. The only exception was that the individual could be granted one-year licenses by the police chief. Special D.C. policeman Heller applied to keep a handgun in his home and was denied the right. So he took his case to the court basing his argument on the second amendment. In 2008, in the Supreme Court case 554 of The District of Columbia Vs. Heller, there was a 5-4 decision stating that the second amendment protects the right of the individual to posses a firearm unconnected with service in a militia and to use that arm for traditionally lawful purposes, such as self-defense within the home. The court found that the total ban on handguns, and the requirement to keep them disabled, violated their right. The second amendment states: â€Å"A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.† With militia meaning all males physically capable in acting for common defense, the founding father s included this in our Bill of Rights because they feared the Federal Government might oppress the population if the people did not have the means to defend themselves as a nation and as individuals. Aside from approving legislation that allows firearms in national parks and Amtrak trains, President Barrack Obama has virtually stayed silent when it comes to the topic of gun control. This may be result of the anti-gun control policies of previous president George W. Bush or because of the lack of votes from pro gun areas like the rural South and the Midwest. In his presidential campaign leading up to 2008 the president stated that he was in favor of gun control policies, including reinstating the assault weapons ban and creating new legislation against concealed weapons.

buy custom Grainger Company essay

buy custom Grainger Company essay Grainger Company has been known to be the leading distributor of MRO equipments, tools, materials and Industrial supplies. The supplies can be ordered online. Having been established in 1927 in Chicago, Illinois, it has been satisfying the customers with their product giving a positive feedback. It became a public corporation in 1967. Since its establishment, it has made a lot of developments in the business industry by making sure all customers needs are fulfilled. Currently the company has been under huge expansion. This involves remodelling the existing locations, and trying to venture in the Chinese market. It has also been expanding in the products offered. Over 900,000 products can be purchased from Grainger.com. The company makes use of Technical Product Support that takes care of training specialists. This makes the Grainger Company unique than other companies. The Technique Product Support helps the company to choose the proper products to sell to customers. It provides assistance in installation and troubleshooting of the applications available. In the MRO market, Grainger Company has been said to be the leading producer. The other competitor companies include MSC Industrial Direct Company and Home Depot. In 2009, the company had financial problems. Due to the tough and unstable economy, the customers did not purchase a lot of goods. The company posted a net income of $431 million, from revenues of $6.2 billion. This was recorded as a drop from the 2008 revenues of $6.9 billion by 9.2%. The major cause of the low income was the Manufacturing customer by not supplying the company appropriately. Sales results from January 2012 increased by 17% from January 2011 (Follet 131). The company acquires its finances from operating activities. Other sources can be commercial paper sales ad bank borrowings under lines of credit. By improving its efficiency, greater profitability is earned. The capital expenditures of the company is also used to invest in it logistic network and information systems. Grainger Company examines other project in order to meet or exceed the required capital. With the invention, of the small projects the company expects to increase the amount of capital needed to maintain the company. (Birgham, 324) The companys distribution requires a lot of transportation of goods. The goods can either be transported by water or other means of transport. The transporting requires large use of fuel. According to this, large capital must be earned to cover for the transportation. They then apply this fuel cost to the customers. They purchase the products at a high cost to cover the fuel cost. The growth rate of the company in 2011 appeared to be slower than in 2010. According to the statistics, the beginning of this year has proved that the rate might be highest this current year. The company intends to improve the rate in the future. Analysts of the company expect the financial growth rate will be at an annual rate of 13.4. This year the analysts predict a financial growth rate of 2.5. The growth rate of the company seems to affect the financial growth rate. As the company expands, the profit earned also increases respectively (Birgham 291) Over the last eighty years, the company has opened many branches in the world. Some countries include Canada, US, Mexico, India, China and Panama. It has institutions in about 157 countries. These can be said to be the assets of the company. The many branches can further be analyzed and classified as the fixed assets of the company. With these assets, the company continues to grow in both aspects of size and profit. Over the years, the company has beeen over dependent in the United States. It, therefore, becomes vulnerable to the economic downturns of the United States. When the company is affected by the economy, the customers also get the effect. In the year 2009, the company invested in other countries. These were in India and Japan, and, therefore; it reduced its dependency on the United States. The main financial strengths of the Grainger Company can be said to be its low debts and strong cash flows. This makes the company able to fund its initiatives and improve its operations. The company also deals with dividends and repurchases which, they later return to shareholders. The company looks at debt ratio and maintains liquidity position. This helps the company in funding its capital needs, and taking care of its long term cash requirements. The company also takes financial health risks by trying to defend on its own. The company avoids large amount of debts that they may not be able to pay. They get financial support from other organizations and this makes the company financially stable. (Birgham 592) The company uses its cash in reinvesting in the business. This happens so as to increase the returns to shareholders in forms of dividends. In my opinion, the financial strengths and support would be, when the company enhances the cash processing methods. The cash processing system can be integrated with accounts receivable. This type of improvement may quickly update the customers accounts. When they update, the customers can now completely depend on the company for their businesses. This has been said to be one of the goals of the company. To increase the number of customers and satisfy then with the products they need. When this gaol is accomplished, the companys earnings improve too. Yours Sincerely, Ruoyi Wang Buy custom Grainger Company essay

Free Essays on Teleological Suspension Of The Ethical

A clear understanding of what Soren Kierkegaard (1813-1855) meant by the `suspension of the ethical' can be achieved upon careful study of his wider philosophies on stages or aspects of an individual's life. In this short text I will examine these philosophies, exploring what Kierkegaard meant by each one. I'll then put into context these stages of life by looking at them in relation to that which Kierkegaard's text `Fear and Trembling' (in which he introduces the concept of a teleological suspension of the ethical) is based on: that being the biblical story of Abraham and Isaac. Finally, I'll examine the problems of his theory and explore some of the presumptions and pre-requisites it necessitates. Firstly I find it necessary to understand the context in which Kierkegaard wrote and believed the philosophies we now explore. Kierkegaard's writings were not without a purpose or agenda. His own life was the source by which he details his wider more abstract theories on life in general. He is intrinsically linked to the Christian faith, and he writes with that in the forefront of his mind. Indeed, `Fear and Trembling' itself is based upon a passage of scripture which Kierkegaard examines and bases his points upon. The point Kierkegaard is making ultimately is that he believes that the `religious' stage of life (one of three he feels he has discovered) is the one that means the most and should be desired. Kierkegaard identifies an existential progression between these stages which is, on initial study, contradicted by the passage of scripture he tackles. It is by examining these stages that the answer to the question set can be revealed. The first of these stages is the aesthetic. For Kierkegaard, this is the lowest form of being. For a particular human being to lead an aesthetic existence would require him to indulge purely in sensuous pleasures. The implication in the aesthetic is that only the external provides... Free Essays on Teleological Suspension Of The Ethical Free Essays on Teleological Suspension Of The Ethical A clear understanding of what Soren Kierkegaard (1813-1855) meant by the `suspension of the ethical' can be achieved upon careful study of his wider philosophies on stages or aspects of an individual's life. In this short text I will examine these philosophies, exploring what Kierkegaard meant by each one. I'll then put into context these stages of life by looking at them in relation to that which Kierkegaard's text `Fear and Trembling' (in which he introduces the concept of a teleological suspension of the ethical) is based on: that being the biblical story of Abraham and Isaac. Finally, I'll examine the problems of his theory and explore some of the presumptions and pre-requisites it necessitates. Firstly I find it necessary to understand the context in which Kierkegaard wrote and believed the philosophies we now explore. Kierkegaard's writings were not without a purpose or agenda. His own life was the source by which he details his wider more abstract theories on life in general. He is intrinsically linked to the Christian faith, and he writes with that in the forefront of his mind. Indeed, `Fear and Trembling' itself is based upon a passage of scripture which Kierkegaard examines and bases his points upon. The point Kierkegaard is making ultimately is that he believes that the `religious' stage of life (one of three he feels he has discovered) is the one that means the most and should be desired. Kierkegaard identifies an existential progression between these stages which is, on initial study, contradicted by the passage of scripture he tackles. It is by examining these stages that the answer to the question set can be revealed. The first of these stages is the aesthetic. For Kierkegaard, this is the lowest form of being. For a particular human being to lead an aesthetic existence would require him to indulge purely in sensuous pleasures. The implication in the aesthetic is that only the external provides...