Hedge Found Managers Essay Example | Topics and Well Written Essays - 2000 words

Hedge Found Managers - Essay Example This helps in preparation of a balanced portfolio mix. The management of assets portfolio, which is unregistered and private, can be done through the establishment of an investment structure called hedge fund. These funds are asset classes that use different strategies like hedging and leverage involving placing bets on commodities, interest rate and currencies, based on the prevailing macroeconomic conditions. These funds do not follow the market directions. However, there main aim is to generate the profit by aiming at mobilizing steps to attain positive return on the invested fund. Hence, these funds operate with the view of generating absolute returns, instead of relative returns, regardless of the rise or fall in the stock market indices or directions taken by the financial markets, during a particular period. Accordingly, hedge fund managers need working diligently in this direction. They expect and get the monetary compensation for meeting theset targets. This compensation comprises of the high fee structure that involves profit participation by the hedge fund manger. Considering this, a hedge fund manager entertains only the wealthy investors, which may include cash-rich corporations and individuals along with pension funds, who wish to hedge their investments against any negative correlation with the financial markets. For this purpose hedge fund managers label such customers as ‘accredited investors’. The basic strategy adopted by hedge fund managers is to look for high rewards, which also carry the chances of high risks. While doing so, any oversight on the part of hedge fund managers can result in financial catastrophes of large scale. The example of two collapsing â€Å"Bear Sterns† hedge funds during the year 2007 is significant in this direction. These funds are not allowed for individual investors, as they are

Casestudy Deepwater Essay Example | Topics and Well Written Essays - 500 words

Casestudy Deepwater - Essay Example Based on a report by the National Commission regarding the oil spill on 5th January 2011, it was discovered that these three organizations made an attempt to work much more cheaply; this triggered the onset of the explosion and thus ensuing leakage. â€Å"Whether intended or not, majority of the decisions made by BP, Halliburton, and Transocean escalated the threat of the Macondo blowout while simultaneously saving them plenty of time and money.†The government along with many other organizations in charge of the case tried to get to figure out the truth about who is really to blame. All the above mentioned organizations, BP, Halliburton, and Transocean should indeed be held accountable for the Deepwater Oil Spill accident. Supposedly, it was not intentional. However, there were severe consequences as a result and all three had an active role to play in it. Earlier on, BP released a statement stating that, even prior to the completion of the investigation by the commission, BP had incorporated substantial and adequate changes designed to enhance safety as well as risk management. To this, Transocean responded by blaming BP for arriving at decisions before the actual occurrence of the explosion and the government officials for conceding the decisions. According to Halliburton’s report, it was merely executing the orders of BP when it actually injected the cement into the well’s wall. It went further to criticize BP for its undeniable failure to carry out a cement bond log test. Precisely, BP was accused of nine flaws. In my opinion, they should all be held responsible for the incident because each had a role to lay in it. The penalty should vary based on the magnitude of one’s shortcomings though. In my opinion, there is nothing more important than safety. Safety helps to keep individuals alive and healthy. In every organization, each operation or process should only be carried out in the event that safety is ascertained. For business, the issue of safety

Facebook Revenue Sources Essay Example for Free

Facebook Revenue Sources Essay Facebook Revenues Up to $700 Million in 2009, On Track Towards $1.1 Billion in 2010 Facebook is tight-lipped about its revenue numbers, which is typical of private companies. The most it has said publicly is that it became â€Å"free cash-flow positive† as of last September. At the time, we estimated it was set to bring in around $550 million for the year in revenues based on previous reports that we and others had heard, and from our own calculations. But how did the year actually end? Somewhat higher. And sources estimate the company could make between $1 billion and $1.1 billion in total revenue this year. It ended 2008 making between $280 million and $300 million, according to many reports. The company’s revenues likely reached between $600 million and $700 million for 2009, according to a variety of industry sources we spoke with. The estimates match what we heard in September, which was that $550 million was looking too low – 2009 was clearly a big year for the company in terms of building its business, as we’ve been covering. The company has been roughly doubling its revenues every year — 2007 came in at $150 million. We expect that trend to continue for the foreseeable future, making Facebook a multi-billion dollar company within the next few years. The question is becoming how Facebook can hit the inflection point where its revenues increase much more quickly. Of course, it is not commenting on this story, except to provide the following statement: Facebook is a private company, and we do not publicly disclose our financial results. We understand there is a great deal of interest and curiosity in our past and potential financial performance. However, external attempts to forecast revenue are fundamentally speculative and should be treated as such. We’re focused on building our business to be successful over the long-term. 2009 Revenue How did Facebook make money last year? By growing multiple revenue sources, mostly around advertising. Here’s the revenue we estimate for each component, followed by our analysis. Note that the 2009 run-rate numbers in the table circulated went around the financial community last summer, and were publicly reported by investor-blogger Fred Wilson and Business Insider. We’ll get into the 2010 projections further down. Want more updates from Inside Facebook on Facebook revenues? Sign up here to be notified of future reports. Brand Advertising: Facebook’s internal sales force made a big push here throughout the year, building on past efforts. It made very public entreaties to advertisers with many millions in budgets, like its big presentation to Madison Avenue last year. There, it also announced a deal where Nielsen started providing better advertising data to help firms track campaign results. Facebook also continued to upgrade Pages and its home page advertising units, testing out a range of new features like engagement sampling ads. Meanwhile, the site grew to more than 350 million monthly active users at the end of 2009 from 150 million or so at the beginning of the year — that’s a lot of new eyeballs for advertisers to try to reach. Out of those users, around 100 million were in the US and another 100 million were in Europe: These two markets are where brand advertising br ings in the most money. Brand ads revenue also expanded for a couple more reasons we’ll get into below. Between what we’ve heard from sources and our estimates, we think this category increased considerably over the course of the year, from the $125 million rumor in July to roughly $225 million by the end of the year. The bigger question is if major advertisers are starting to spend more than â€Å"experimental† budgets on Facebook, and according to sources this just started to happen over the course of last year. Microsoft Advertising: Revenue in this area is not clear. Microsoft has been running banner advertising on Facebook for years, one of the perks of its which it started doing when it made a strategic investment in the company. But the two ended the international component a year early, on January 1 of 2010, instead of the same time next year. While that obviously won’t impact Facebook’s 2009 revenue, we also hear that it already took over a sizable portion of Micr osoft’s ad inventory during 2009. Meanwhile, sources familiar with the matter suggest that the July rumor about Microsoft $150 million number is half wrong, in the sense that it is gross revenue, including Microsoft’s cut. So Facebook’s would have been significantly less — the exact percentage it would get is not known, as revenue sharing terms have never been disclosed for the deal. Virtual Goods: This number is especially confusing, in part because Facebook accounts for branded virtual goods as part of brand advertising. Virtual goods revenue source, in terms of Facebook’s accounting practice, only means direct  Credits sales. The result is that the revenue source is significantly lower than what many have expected, coming in potentially as low as $10 million, according to sources familiar with the matter. While the Facebook gift shop has appeared to be popular with users, Credits has otherwise been in testing mode throughout the year. The use of the virtual currency in third-party applications has been minimal, and that only started changing in December. Most industry sources have estimated revenue for virtual goods at around $75 million for the year, which has roughly corresponded with the July rumors and followed from previous estimates for gift store revenue. Certainly, Facebook’s accounting method — which we don’t have many details on — alters some part of that estimate. But outside rumors and estimates have been bullish because social games and other applications brought in hundreds of millions to developers on the Facebook platform last year. At $10 million a year, the gift shop would be bringing in $25,000 a day, which seems extremely low considering the size of the Facebook audience. But, Facebook has promoted virtual gifts pretty lightly over the past couple of years. Performance Advertising: As the biggest success so far in terms of monetization, we believe performance advertising grew by roughly $150 million above the July rumors, and for a few reasons. FarmVille, Zynga’s hit farming game, saw sharp traffic growth after launching in June, partly because the company aggressively advertised on Facebook. Other social gaming companies followed suit. Social games accounted for a substantial minority of all spending on performance advertising, according to sources — between a third and half, some say. However, other types of performance-focused advertisers, including direct marketers and local businesses, also increased their spending, from what many in the industry have said. Growth was especially strong growth in international markets, in part because companies like Techlightenment, TBG London, Tradimax and 77 Agency began using Facebook’s advertising API to sell ads in bulk. These companies are based in Europe, and used Facebook’s precise ad-targeting features to reach users across the fast-growing region’s diversity of nationalities and languages. However, Facebook has rolled out its advertising API program more slowly than we’ve been expecting in general. 2010 Revenue Estimates Overall, we expect many of the same advertising trends to continue. Brand and  self-serve advertising should increase — but so will virtual goods revenue. A wide variety of sources we spoke to expect Facebook to pass $1 billion in revenue this year, possibly reaching $1.1 billion. This is significant growth, but likely still the start of the hockey stick. Here’s a quick look at what’s happening now. Note that these estimates are very rough, and based on our understanding of the market and conversations with sources — we don’t have enough data on Facebook’s traffic to model each revenue stream. Brand Advertising: Facebook is continuing to invest in its sales team here, opening new offices in the US and abroad, and cutting deals with regional advertising agencies in other parts of the world. Its traffic appears to still be growing — although how much is a big question for the year. The result is that ad inventory and the value to big b rands will likely continue to increase, potentially to $350 million, we believe. We don’t think big brands will switch major offline or portal budgets to Facebook en masse this year, but we’ll see more money coming over, with the big budgets likely to follow later. Microsoft Advertising: It’s hard to see Facebook maintaining much Microsoft advertising, because it can now monetize better on its own. It may maintain a token amount in some markets. Microsoft won’t mind about losing Facebook here, because it already has a big strategic investment in the company that will only get more valuable as Facebook builds its own business. And, Microsoft has other deals, like Bing within Facebook, and search ads to go along with the search engine. Virtual Goods: More than ever, Facebook is making Credits a more relevant part of its developer platform. We’ve been covering in detail as the company has recently gotten most big developers using the virtual currency as an option; it has also gotten one, CrowdStar, using Credits exclusively. One way it has done this is by giving games that use Credits prominence within the Facebook interface, appearing in the â€Å"suggested† window of its Games Dashboard, for example. We’ve also been hearing rumors — for months — about Facebook making Credits the mandatory, exclusive virtual currency in applications. It’s not clear that this will happen, and everything we’ve heard coming out of the company suggests no big decisions have been made yet. In fact, our understanding is that Facebook will continue to try to focus on advertising this year. Still, we expect Facebook to start to figure out how to tap into the virtual goods business in a big way. It takes 30% of Credits revenue, so  any developers it funnels through Credits will make it money. Performance Advertising: Social games need to advertise now more than ever to reach Facebook users, due to new inhibitions on viral growth, and more competitors. They’re going to be spending more on Facebook than they have been. So will many other types of performance advertising. Some, from our understanding, have figured out ways of getting a good return on their advertising investment, making additional advertising a way for them to make more money. Facebook’s ongoing efforts to build features for the Ads API, the development of third-party tools providers, and interest from more advertisers should bring this category continue to grow well, past half a billion and possibly towards $600 million. Conclusion: Look for the Most Revenue Growth After 2010 While many people have questioned Facebook’s ability to make money, it is innovating in multiple areas, in ways that we believe will work for the long-term. Brand and performance advertising benefit from being targeted on users’ real-life data, from appearing in Facebook’s engagement-rich environment, and from reaching its hundreds of millions of users. The company will, in our view, gradually chip away at brand advertising spending on other big web sites, including Yahoo and MySpace. The optimistic case for Facebook, in terms of its brand advertising revenue, is that it will get most of this advertising and bring it alone up into the billions range, eventually. Performance should also continue to expand. We expect social gaming as well as a wide variety of performance advertisers and local businesses to help the company make more money here for many years to come. This ecosystem could mature to look something like search engine marketing. Google’s AdWords and other contextual ads appear to be better than Facebook in terms of reaching users looking to buy things; some industries are struggling to make money on Facebook, including travel and insurance companies, from what we hear. We’re not prepared to make an estimate for how big this revenue source might become in future years, except to say that it looks the most promising out of any. Beyond 2010, Credits could potentially expand beyond Facebook apps. Facebook intends to have it be a virtual currency on the site for now, but many have speculated it could turn Credits into a web-wide virtual currency, and integrate it with Connect so other web  sites could include it as a payment option. That is possible — it’s an idea that’s been floating around for years. Some have also speculated that Facebook is going to get deeper into the payments business, instead of partnering with other payment service providers who currently manage Credit purchases. But in order to do payments itself, it would have to build out a PayPal-sized backend to support this. Right now, it uses PayPal, mobile payments from Zong, and direct payments via credit cards, instead. All in all, Facebook’s future looks good, in terms of its ability to continue growing revenues. We’ll of course keep tracking everything closely.

The history and spread of probation in America

The history and spread of probation in America The term probation comes from the Latin verb probare, meaning to prove or to test. Throughout history probation has been used in various forms. From its earliest American origins probation has broadened and expanded immensely in its function within the criminal justice system. The terms and conditions of probation continue to evolve, as well as the various consequences imposed if said conditions are not closely adhered to. Probation is a privilege granted to particular law violators in lieu of imprisonment. Just as the root word derived from, probation is a test issued to an offender, offering them a chance to prove themselves. HISTORY Elements of probation can be seen throughout history. There is reference in Mosaic Law to the right of sanctuary. Right of sanctuary offered cities of refuge to killers seeking to escape retribution. While probation as we know it today is not an escape from punishment, it can be seen as a sort of sanctuary in that probationers are offered the opportunity to atone for their crimes and maintain in the free society. The suspended sentence, commonly used in the Middle Ages in England, mirrors probation in that it can be revoked and a prison sentence imposed if the offender fails to stay out of trouble for the amount of time specified. Suspended sentence at this time, however, did not include any kind of supervision, nor were there any set goals of reform. There was also a form of temporary release used by the courts during this time. Binding over for good behavior offered offenders an opportunity to secure pardons or lesser sentences. Matthew Davenport Hill was a English barrister and judge in Eighteenth Century England. As Recorder of Birmingham, a judicial post, he instituted a practice for individuals who did not appear to be hopeless cases. In witnessing the sentencing of youthful offenders to the custody of their parents for supervision, Hill decided that those offenders who showed hope of rehabilitation could also be placed in the hands of willing guardians. As part of this arrangement these willing guardians would receive periodic visits from local police to stay current on the progress of the released offender. JOHN AUGUSTUS John Augustus, credited as the Father of Probation, embarked upon a journey that would revolutionize the field of corrections in America. His efforts began when he persuaded a local court in Massachusetts to release into his custody an adult drunk, instead of imprisoning him. This challenge was met with great success. A shoe cobbler in Boston, Augustus supervised the man, paid his fines, and helped him achieve sobriety. His efforts broadened to and he began taking responsibility for juveniles. Again his efforts were fruitful and the court was pleased with his results. Reform became a true possibility. Over the course of his eighteen years as a volunteer probation officer [1841-1858], Augustus bailed 1,946 men, women and children. A mere ten of this number forfeited their bond. The first probation statute was passed in 1878 shortly after his death. Augustus work was a remarkable accomplishment when measured against any standard. (New York City Department of Probation) THE SPREAD OF PROBATION By 1900, Vermont, Rhode Island, New Jersey, New York, Minnesota, and Illinois passed probation laws; by 1910, 32 more states had passed legislation establishing juvenile probation; and by 1930 juvenile probation was legislated in every state except Wyoming. (Office of Probation and Correctional Alternatives) Every state in the country offers probation to both adults and juveniles today. While the structure may vary from state to state the possibility for reform remains a strong and solid objective. Probation not only offers the offender incentive to change it saves the public enormous funds as the cost is minimal when compared to the increasing costs of incarceration. Probation also serves to abate the current concerns of overcrowding in prisons. THE USES/GOAL OF PROBATION Probation has many practical functions in the field of corrections. As mentioned above, probation is privilege not a right. One of the many aims of probation is protecting the public. Probation is generally issued to low risk, non-violent offenders. Often these offenders are open to the idea of treatment and rehabilitation in an effort to avoid becoming professional offenders. Until recently, probation was predominantly used for first offense misdemeanants, however, with the implementation of get tough laws and the war on drugs saw the court system becoming more and more bogged down with cases and the prison system became increasingly prone to overcrowding. Depending on the sentencing guidelines for the crime committed, the accused may offer to plead guilty to a lesser charge. Probation is a valuable tool for the offender, the district attorney, and the court system. If the criteria of a case make the offender eligible for probation a presentence investigation report is ordered to determine if probation could be a valid and effective punishment. The presentence investigation report includes the offenders background and their disposition to their charges as well as other useful information. CONDITIONS OF PROBATION/INTERMEDIATE SANCTIONS If probation is granted, several conditions may be imposed. These conditions will be specifically designed to the individual based on their criminal record and the nature of the crime they have pled guilty to. There are various levels of probation. The lowest level of probation is unsupervised. This is when the offender is placed on probation and perhaps ordered to pay fines and court costs but is not obligated to a regular interaction with a probation officer. They are generally ordered to call in on arranged dates and update the probation officer as to their progress as well as maintain gainful employment in the community. Supervised Probation requires the offender to report to their local probation office on an established number of days per week or month, depending on the level of supervision. Often supervised probation will contain conditions such as: reporting regularly, failing to engage in any further criminal activity, submitting to searches, abstaining from using drugs, abstaining from owning a firearm, limiting alcohol intake, abstaining from associating with known criminals and notifying their supervising officer of any major changes such as relocation or job change. (Allen, Latessa, and Ponder 93) The probationer is required to pay a monthly supervision fee and a schedule to pay other fines and court fees imposed is set up between the offender and the probation officer. Certain individuals have specific conditions of probation to which they must adhere. This is sometimes as a result of the crime they committed (including factors of the crime, such as drug abuse). Specific conditions include (but are not limited to): methadone maintenance, taking Antibuse, attending 12-Step meetings, drug testing, treatment (inpatient or outpatient), and vocational training. (Allen, Latessa, and Ponder 93) These conditions are imposed to aid the probationer in successful completion of their court ordered term of supervision. There has been an adequate success rate with these programs to date. Special conditions of probation are additional punishments ordered by the courts and act to strengthen supervision. The goal is to reduce recidivism by addressing the underlying cause of the individuals criminal behavior as well as protect the local community. Special conditions of probation are: house arrest, electronic monitoring, intensive supervision, halfway house residency, boot camp programs and split sentences. (Allen, Latessa, and Ponder 93) Imposing these special conditions is at times the last line of defense for keeping the offender out of prison. In some cases, if probation is violated, additional conditions can be imposed in an effort to get the offender back on track. REVOCATION OF PROBATION Failure to adhere to these conditions, excessive violations of these conditions or failing to remain current on court mandated payments can result in probation revocation. When an offender is sentenced to a specific amount of time in jail or prison, that sentence is sometimes suspended in favor of placing the individual on probation. Repetitive violations or new charges can be cause to revoke that probation and resentence the offender or activate the sentence that they are currently on probation to avoid serving. There are a variety of reasons offenders are unable to comply with the conditions of their probation. Some are indifferent or hostile, being unwilling or unable to cooperate with their supervising officer or the court. Some are too immature emotionally to comply with directions. (Allen, Latessa, and Ponder 93) Technical probation violations require the offender to re-appear in court in front of the judge. If the probationer fails to appear a warrant will be issued for their arrest. Revocation is a serious matter and the probationer has the right to counsel for the hearing. SUMMARY The use of probation in our nations criminal justice system is widespread. Probation allows the offender the freedom to earn a living and support their family, it allows the community to feel safer knowing that these individuals are under close supervision, it saves the state money that could better be spent on reform rather than incarceration and the building of new prisons. The number of Americans currently on probation is astounding. According to the United Stated Department of Justice at the end of 2008 there were better than 4.2 million adults on probation and another almost 830,000 on parole. That number indicates that 1 in 45 adults in the U.S. is currently under community supervision. These figures show the importance of probation in America today.

Humorous Wedding Speech from the Father of the Bride -- Wedding Toasts

Humorous Wedding Speech from the Father of the Bride Well, good afternoon everyone, for those of you that don?t know me my name is Lee and I?m Janie?s dad, and in keeping with tradition, it is my honor and privilege to deliver the ?Father of the Bride Speech?. Having to make this speech is one of the few opportunities in a married man?s life when he is allowed to do all of the talking...and I intend to make the most of it. Now, giving a speech can be a little stressful so I will put into practice what I preach, that is...always remember the ABC to the XYZ of public speaking. ABC..Always Be Confident, ?XYZ..Xamine Your Zipper. (check zipper). It won?t be a long speech on account of my throat?.no, it?s not sore, it?s just that Janet threatened to cut it if I go on too long! So I?ll start...Distinguished guests, those of dubious distinction and those of absolutely no distinction whatsoever, family, relatives, friends, relatives of friends, friends of friends, hotel staff, freeloaders and hangers-on, on behalf of Janet and myself, I extend a warm welcome to Janie and Martin?s wedding celebration reception. You know, delivering the ?Father of the Bride? speech feels a bit like a sheikh walking into his harem for the first time...you know what to do, but you don?t know where to start. I will start however by taking this opportunity to thank especially Janet for not only being chief worrier and organise... ... we marry. It is very obvious that they have found in one another a perfect match; their happiness shines like a beacon. Janie and Martin, there is no challenge in a marriage that cannot be overcome by the following three, three word sentences: I was wrong. You were right. I love you. So, approaching the toast, ladies and gentlemen, please stand and make sure your glasses are fully charged?mine is being charged to Barclaycard? Janie and Martin? Here?s to the past for all that it taught you Here?s to the present for all that you share And here?s to the future for all that you can look forward together Ladies & gentlemen please raise your glasses. The toast is?Janie & Martin, Bride and Groom

ten commandments :: essays research papers

The Ten Commandments monument should be removed is because it was put there dishonestly. If the circumstances of this situation were different, in that case I would agree that the Ten Commandments monument should stay. Then I take into consideration how the monument ended up in the public courthouse, and I can see why it should be removed. Perhaps the monument should not go away where it will never be seen again, but taken to a place where it can be seen by anyone that wishes. At the beginning of this whole ordeal, I was right beside those who protested the removal of the monument. I thought about the First Amendment right: Freedom of Religion. Chief Justice Moore and his anonymous helpers took it upon themselves to put the monument there. But after I found out how the monument was placed there without consent of the court. This gave me one good reason why the monument should be moved. The next reason I think it should be moved is for the very reason that it is in a public courthouse. Yes, the first amendment does protect Freedom of Religion but whose religion? It doesn’t state any religion, whether the religion is Christianity, Buddhism, or paganism. Each and every one of us is entitled to the freedom of our own religion. This is a public courthouse where people of all religions come for justice. So another reason why it should be moved is because someone who comes to the courthouse might be offended by the Ten Commandments because they are of another religion. Also, they have to take into consideration the broad meaning of freedom of religion. So, let’s say the monument stays for the very reason of â€Å"Freedom of Religion†. Are Chief Justice Moore and his accomplices going to be okay with someone of the atheist religion sneaking into the courthouse one night and making a display of his religion? This would have to be okay because everyone is entitled to their right to freedom of religion. Before we know what is happening we will have monuments and displays everywhere. This is another reason why the monument should be moved because if it is okay this one time, then where does it stop. I‘m not saying that this monument should be taken away and destroyed, I‘m saying that these people who want it on display should spend less time protesting and more time raising money to have a place built for their precious monument.

Free Essays: Candides Metamorphosis :: Candide essays

Candide's Metamorphosis In Voltaire's novella, we view the main character, Candide, as being sophomoric and rather naïve. Yet, Candide eventually frees himself from the shackles that burden his beloved philosopher Pangloss and other characters befriended along the way. Candide's journey back to Cunegonde become a means for him to emerge from his "self-imposed immaturity." The word "candide," which Cassell's French Dictionary defines as "ingenuous", would greatly summarize who the main character is to be perceived as. He will shape his own opinions throughout the story to parallel anybody else's that would seem to please him. His faith is put in a number of people who he meets along his travels, as he tries to find his way back to Cunegonde. He sees things as others would instruct him to see them. And though it can be contested that he is still the same at the end of the book, I will argue that he becomes the most emancipated from his own chains of "self-imposed immaturity" than any of his friends and comrades. The book first starts off with Candide hanging on to every idea put before him by Pangloss. He is held captive by some of the most bizarre forms of reasoning composed by Professor Pangloss. In Chapter 1, Pangloss professes that "our noses were made to carry spectacles, so we have spectacles," and that "since pigs were made to be eaten, we eat pork all the year round." This rationalization is totally bizarre and could not be applied to any reasonable mode of thought (especially the latter, which would be quickly dismissed by Vegans, Vegetarians, Muslims, and Jews!). After Candide is eventually banished from the house of Baron Thunder-ten-tronckh, he is taken in by James (the Anabaptist). After discovering Pangloss in a wretched state, eventually Candide, James, and Pangloss set off to Lisbon. As James drowns, Pangloss stops Candide from saving the Anabaptist by saying that the "Lisbon harbour was made on purpose for this Anabaptist to drown here." These quotes symbolize th e type of thinking found in Voltaire's day. This was the type of thinking that the Enlightenment school of thought was trying to get away from, and the type of nonsense Candide will challenge to some extent at the end and soon break away from.

Cost of Goods Checkpoint Essay

A multi-step income statement for a trading business highlights the fact that between 40% and 60% of revenue from sales is accounted for as the cost of goods sold. The cost of goods attributed to a company’s products is expensed as the company sells these goods. There are several ways to calculate COGS but one of the more basic ways is to start with the beginning inventory for the period and add the total amount of purchases made during the period then deducting the ending inventory. (According to Kimmel, Weygandt, and Kieso), cost of goods sold is found by taking the cost of goods available for sale (beginning merchandise inventory + net purchase), less the ending merchandise inventory (p. 244). In a wholesale or retail trading business, merchandise held for resale in the normal course of business is the largest asset owned by the organization. For this reason it is vital that accurate up-to-date records be maintained when goods are acquired and inventories taken. Finished goods and or merchandise makes up cost of goods sold. There are two classifications of inventory: merchandiser or manufacturer. In a merchandiser company inventory consists of many items all different. Whereas, a manufacturer, some inventory may not be ready (Kimmel, Weygandt, & Kieso, p. 282). Examples of items that make up cost of goods include; produce, clothing, electronics, items that can be resold from manufacture to a company to the customer. This means when the business acquires a finished product, the cost of the product goes into an inventory asset account. The customer will then purchase the product, finished good, the business transfers the cost of the product from the inventory asset account to the cost of goods sold expense account because the product is no longer in the business’s inventory (Kimmel, Weygandt, & Kieso, p. 282). References Kimmel, P. D. , Weygandt, J. J. , & Kieso, D. E. (2011). Financial accounting: Tools for business decision making (6th ed. ). Retrieved from The University of Phoenix eBook Collection database

Analysis of a Poem “We wear the mask”

Amber Davis Professor Quirk Literature 101 February 28, 2013 We Wear the Mask The lyric poem â€Å"We wear the mask† by Paul Laurence Dunbar is a poem about the African American race, and how they had to conceal their unhappiness and anger from whites. This poem was written in 1895, which is around the era when slavery was abolished. Dunbar, living in this time period, was able to experience the gruesome effects of racism, hatred and prejudice against blacks at its worst.Using literary techniques such as: alliteration, metaphor, persona, cacophony, apostrophe and paradox, Paul Dunbar’s poem suggests blacks of his time wore masks of smiling faces to hide their true feelings. In the first stanza, he starts off with the title of the poem stating, â€Å"we wear the mask that grins and lies† (1). In the first line he uses a metaphor to explain the â€Å"mask† that is put on to show grins. Of course there is no actual mask, but the mask can be a representation o f a fake personality that is happy or blissful.It could be said that the reason for this â€Å"mask† is to prevent their tormentors from starting any controversy. Dunbar also uses another metaphor, â€Å"This debt we pay to human guile†¦Ã¢â‚¬  (3). Obviously he does not mean that there is a debt to human guile that he is paying with money, but rather since blacks have always been seen as deceptive since slave times, they must forever live in it. Since slave times blacks have not been respected. Even after blacks received the right to vote and own land, the federal system still made it hard for blacks to make a breakthrough.The use of metaphor is used to describe the overwhelming struggles blacks had to go through in a white man’s world. Through the use of metaphors, Dunbar implies the feelings the blacks once had to fake in order to not get into any trouble. The second stanza, especially, emphasizes the poems paradox and alliteration. This stanza really goes int o the mind of the person speaking, and the outcome is a part of the reason why they wear â€Å"masks. † The poem reads, â€Å"Why should the world be over-wise,/ In counting all our tears and sighs? / Nay, let them only see s, while/ We wear our masks† (6-9). Essentially, the person of this poem is asking why should the world get the right to know why they are truly upset, and potentially use it against them; instead, have pride, hold your head up high, and put on your â€Å"mask. † In doing so, the literary term paradox comes into play. This poem is about the true feelings of blacks being hidden behind masks, when also the poem itself hides the fundamental issue of racism from even being mentioned – that alone is a paradox because the poem has a mask on as well.This poem can also be seen as a paradox because this so called â€Å"we† is supposed to be wearing a mask when in fact they are expressing their feelings and becoming vulnerable, aka â€⠀œ no more mask. Although each stanza has a bit of alliteration, the second stanza is the most dominant. Dunbar writes, â€Å"Why should the world be over-wise,/ In counting all our tears and sighs? / Nay, let them only see us, while/ We wear our masks† (6-9). The alliteration in this stanza is used heavily with the letter â€Å"w. With the use of this alliteration, it creates a sense of flow that helps the speaker get his point across more smoothly. Although the poem is more cacophonic, and harsh, rather than euphonic, and harmonious, the use of alliteration helps highlight the importance of this stanza’s sayings. The alliteration aspect of this stanza really helps reveal why the blacks continue to keep a mask up since they do not want others to know their weakness. The final stanza is a plea to God, or in other words an apostrophe.Dunbar writes, â€Å"We smile, but, O great Christ, our cries/ To thee from tortured souls arise† (10-11). In writing this, Dunbar makes an apostrophe to the absent Christ since Christ is not currently present in the poem. This verse brings about an emotional side of the speaker that we have not seen in the play, which is the essential effect of apostrophe. In a sense, the speaker is able to take the focus from masks to addressing the fact that they are being tortured; the fact that they are being tortured is exactly why they wear the masks they do, to show they are not intimidated.Through the use of apostrophe, Dunbar is able to express the emotions of the reader, which ties into why masks need to be warn. Overall, the speaker’s awareness of putting on a fake facade to avoid trouble is apparent through literary devices such as alliteration, metaphors, and apostrophe. Author Dunbar creates a somewhat cacophonic feel to the poem to portray the hurt of these people who must wear masks. Dunbar also uses end rhyme in all of his ersus. The first and second, and also the third and fourth of each line use the long I sound for end rhyme except for the last lines of each stanza. Through the use of many literary devices Dunbar is able to capture the true meaning behind the mask, which is a disguise that camouflages the actual emotions of the mask wearer. Even though the mask is a grinning mask, the face under it is broken and frustrated, but the mask wearer will never show it.

My Summer Vacation Essay

The dream summer holiday of every individual merely comes one time in a life-time. In the summer of 2014 I had merely completed my first twelvemonth of college and my parents wanted to take me some where I’ll ever retrieve for my profound work. I had no hint of what their purposes were or what to even anticipate from them. My parents had invited merely about all of our stopping points relations and household friends to come along and observe the juncture with us. Majority of those that came brought gifts and money to promote me to make good. Of class this made me the most thrilled individual in the universe. because I non merely had household and friends over to observe but they besides spent the dark over for the trip my parents had put together to take us on. The undermentioned forenoon my Father woke everyone up at 2oclock in the forenoon to acquire situated and hit the route for the airdrome by 3oclock. How dry they had everything planned out from the bathroom clip to the seating in the vehicles. But yet each and every clip I pampered the inquiry in their caputs as to where we were traveling they ne'er answered me. Anxious to cognize I was. so one began believing of all the possibilities of the topographic points they’d see traveling. I began to acquire drowsy from how early I woke up and all the wonder running through my venas. After acquiring to the airdrome at 4oclock our flight eventually left at 6:45am and we arrived at our finish into Fort Lauderdale. Florida. We collected our bags and was on our journey one time once more this clip it had felt as if we had been driving everlastingly. I had woken up to shrieks and shouting from about everyone around me. yet I still had no hint as to what was traveling on. As my pa was seeking to happen a parking topographic point I started to look out the window in hunt of any hints that could assist me calculate out where precisely we were. Once we pasted the entryway my eyes blew up when I saw the words Carnival Cruise Lines. After seeing all the commercials with all the celebrations that occur. all the celebrated people that appear in individual. the astonishing games and household activities. the theater and nutrient that was on board. this was so the topographic point I would give the universe to travel to. When asked by my parents how I liked my gift. I became lost for words and could merely smile for how happy and filed with joy I was.

Capital Punishment Should be Banned essays

Capital Punishment Should be Banned essays Capital Punishment should be banned. Today thousands of people around the world commit crimes. For a society to be civilized, these people have to be punished. This punishment is meted out in different forms. Isolation from the society by imprisonment, or taking away some rights from the individual, are some forms of punishment. For severe crimes, the punishment too is severe, one of the forms being capital punishment or the death sentence. Whether it is right or wrong remains a big question mark. Families of victims of murders, rape etc. are absolutely devastated by the crimes and demand justice. Sometimes the society too, is convinced that these criminals dont deserve to live. Allowing such criminals to live would only mean that more people follow the path of crime. Therefore giving them the death sentence would not only be a suitable form of justice, it would also set an example for other criminals and prevent future crimes from occurring. As the saying goes, An eye for an eye and a tooth for a tooth. People should know better than to commit such crimes. Hardened criminals obviously wont have any positive effect on humanity and the human race is better off without them. People, whove taken away the lives of others and broken up families while knowing that it is against the law, probably have no conscience. Rehabilitation, Imprisonment, or anything else is not going to help them change for the better. Moreover prisoners arent compelled to work and survive on food and shelt er provided by taxpayers. Why should civilized people help criminals live? Since they have no contribution to make to the world, theyd rather be put to death. Moreover stretching the life out of them is probably worse then killing them at once. However, Life is a gift given to us all. We all have been given the right to live our lives, the way we want to. Taking away someone elses is definitely beyond our auth...

Fernandos character from a biophysical perspective

Fernandos character from a biophysical perspective Introduction The predicaments that defines the behaviors and characters of a sixteen year old Fernando is an aftermath of a legacy left behind by a father vague of human values. Fernando finds himself in an oasis of a community bred in a background of social evils intoxicating his mind from early childhood.Advertising We will write a custom essay sample on Fernando’s character from a biophysical perspective specifically for you for only $16.05 $11/page Learn More In his quest to break out from the ‘tradition’ that is so akin to his family make- up, his mindset and choices lead him to subconsciously live the same life his people lived from generations back. This is characterized by drugs and affiliation with gangs and a negative exposure to the authorities at a very tender age. Fernando hails from a family that is quickly disintegrating into the abyss that is the societal rote in their community of drug abusers. Their lives are unpredictab le since they are always at loggerheads with the local administration (like the police), as a result spending so much of their time serving jail terms rotting in jails. Others get embroiled in fights that are far too common in their community set-up; they are affiliated to gangs which normally sort out their differences brutally by killing the members of the factions working against them. These children hail from much disoriented backgrounds, Fernando’s father was a drug addict who had little time to guide and care for his children, he battered his wife even when he was drunk and was rather callous with his affairs. His mother, on the other hand, had to run away due to the battering and though they met on the streets, they hardly shared a lot. The result of all this is a child of Fernando’s behavior, whose attitude and perceptions about life was suicidal and the victim was himself. These children end up copying what they deem fit or ‘cool’ in the society, because they do not have a strong figure to guide them. Goldstein (1995) believes that such characters have very weak social foundations and their reaction towards people is rather cold. They have a tendency to always look for trouble and they feel good about it. They hardly think about the future, they live under the notion that today they are alive but tomorrow they will either be dead or in jail. Of all this, none of them is a big deal.Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Thought Fernando’s life, several factors have contributed to the persona he was when he was last interviewed. The social factors, cultural factors, the category they’re placed on in society by society itself and community factors play a major role. Fernando’s characters all the way from infantile have been borrowing traits from the people around him and as a result have grown solidly in to the extreme it is. His recognition of the self has diminished to the extent that he does not value his life anymore, though he has no weaknesses, his abilities are rarely used in other helpful activities like playing or learning. Berzoff and Hertz (2008) explains that Self recognition portrays to them an idea of what people see and when they look at them, in this case this stems from infancy whereby child neglect contributes to a high percentage the feeling of worthlessness. They eventually conclude that they are bad and do so little to change this perception. Self reflection is evident in all the age groups with the three to five year old’, center of attention being much of physical aspects like the picture he portrays on the outside, his belongings and his abilities. When this child grows towards attaining puberty, his sense of the self develops too, enabling him to communicate his thoughts more carefully through the word of mouth and easily from what he understands. The y combine their own feelings and individuality by means of re-combining their past experiences to the present and other new occurrences’ as they happen in their lives. This maybe in the form of new ethical values learnt their sexual direction, their political belief systems and their cultural identity. Family dynamics on the impact of behavior Fernando had an insecure relationship with the parents. The mother left him at a tender age and never bothered checking on them again. They only met in the streets and hardly shared anything. His father, being the alcoholic had no time for his children and family, and he never enforced the ideals he preached to his children like not taking alcohol. The children themselves acknowledge that had they been given direction in life, they would be different from what they had ended up like. The absentee parents, as a result of this ended up having children that could not even trust them, leave alone non family members. They are not emotive whe n separated from the parents and neither do they fancy interaction with their parents.Advertising We will write a custom essay sample on Fernando’s character from a biophysical perspective specifically for you for only $16.05 $11/page Learn More They are cold towards them and this is how they are brought up from their tender ages. In the evolution of their mindsets, from the core consciousness to the secondary consciousness, the parents played a very minor role in bringing up their children. The children learnt for themselves the many aspects that they had to grapple with in their infancy. The environment the children are exposed to or grow within greatly affects the structure of the brain, defining the character of the individual that comes out eventually. Middle childhood put much focus on the components that make up the mind i.e. id, ego and superego. According to Erickson, Fernando is at a level of self identity as he struggles to break from the caucus of emotional dependency. He battles with identity diffusion trying to make his own decisions which he feels are genuine. The environment either stifles or promotes the structure and functionalities in an infant’s brain. The early relationship a child has with its parents goes a long to affect the level, depth and quality of his other relationships when he grows. This reasoning by Berzoff and Hertz (2008) is attributed to the fact that his connection to the parents has a direct influence on the maturity of his right brain and a set of connections that match data to the environment. The mothers touch to the baby at the tender age also shapes the child’s dendrite growth. Lack of these or exposure to long distressing states alters the organization exposing this child to susceptibility. The result is a child with a detached mental state who doesn’t feel guilty when on the wrong; a child who feels everything must go his way and is very irrational. This incident happened on Fernando’s life when he was very young, never exposed or had very little exposure to a mother’s love, he was given very little attention and as a result he ended up being rude even to his tutors. This strengthened his resolve about the street; nobody would tell him if anything was going awry on his part. Freudian theory sheds light to the woes bedeviling Fernando by trying to comprehend the developmental stages through his (Fernando) journey of life. From early childhood to the mid adolescent age Fernando’s life has been patchy embedded in an environment with uncouth behavior that portrays a community less sensitive to values.Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Freud integrates the structure of the brain (Id, Ego, and Superego) and the surrounding environment through developmental stages to insight the persona in Fernando. There is a clear relationship between the behavior and the environment. Freud purports that a person’s character is a product of classical Freudian theory, object relations, ego psychology, self psychology and learning theory. Fernando’s behaviors are an aftermath of self psychology which stems from disintegrated family devoid of cohesiveness. He is exhibiting phallic stage according to Mehler portraying psychological self separation-individualization fearing loss of the object. Fernando, like any other child born from this environment is susceptible to behaving the way he does since the environment treats him cruelly prompting him to form defensive as well as survival tactics. Efforts to rehabilitate him are bound to be futile since the characters are embedded deep in his genes. The death of his grandmothe r dealt him a big blow too. She was among the people he was closest to and her passing away meant he had been snatched a companion, a friend. To the infants, passing away of somebody close to them has a big effect to their development; they take long to understand though they eventually do. They try to seek their own explanation of events on why things happened the way they did. They try to link their death to something big that happened around the time the funeral occurred. To the young infants mind that is what caused the ‘big sleep’, as they often call it. In Fernando’s case this is evident through the mourning process where he blames himself for hitting his grandmother. This happened sometime before she died when she was trying to defend her grandmother against his uncle and hit her accidentally. He believes he is the cause of her death and pleads vehemently for forgiveness from her. Fernando’s case highlights the plight of such children; they â€Å"a lways have one person they are really passionate about and when he or she passes on they have a tendency to blame themselves for all that happened to the deceased†(Lee, 2001). The effects of social, culture, class, ethnic and community factors Fernando has issues with his self esteem and his ego. He quickly dismisses education claiming he was a quick learner and school became boring to him. He compares his being in school to being out there in the complexity of the drug network ring making money. He admits that that is time he would be wasting and that time would be better spent making money out here. He could earn money, about $ 700 per week legitimately distributing bread around town but has resorted to selling drugs. The ego defenses at play in Fernando’s life whenever he is encountered show a person who is weak and is hiding from the reality. He lives in utter denial of his real state and is motivated by the gang to do whatever he does. They give him a sense of â₠¬Å"brotherliness making him feel at home even though he knows life being a member in the gang is as temporary as the gang itself. They fight against each other, injuring each other sometimes even killing each other in gang wars† (Aronson and Lesser, 2011). They have little regard for the law and have developed a carefree attitude toward life. All this happens despite the fact that he knows there’s a life outside this ring. He hides in the ideologies of the group, living a high life; stealing cars even police cars, handling illegal weapons and consuming drugs. He escaped prison after only serving four months in jail instead of the eighteen he had been sentenced to. Hogan (2005) believes that Fernando hides in the present, and does feel comfortable being questioned about what tomorrow holds. He is fully aware about the repercussions of his actions yet he doesn’t care. Fernando’s projection affects others, his idea about being naughty and awoke in him need to be photographed with drugs. This he had wished it be made public, but then it was meant to smear the image of the police’ department. Fernando’s characters have roots in the environment which encompasses the social and cultural practices as well as class and ethnicity. Fernando hails from a community that embraces domestic violence which is the norm of the society. This, together with the lower social status of the community propels the way men behave the way they do. They yearn for better life out of bondage of poverty by seeking solace in a seemingly lucrative trade of drug peddling. As a result, they find themselves in unfamiliar circumstances that abuses drugs. In the centre of shaping the behaviors of a person, which happens in the early childhood of brain development, are the genetic influences. This together with the environment refine, reorganize as well as form neural connections responsible for future behaviors of an individual. The structure of the brain is composed of sub-cortical and cortical limp systems. The former is responsible for instinctive reflexes while the later deliberates reflexes to the environment. Their responses are a consequence of genetic makeup and environment. Fernando’s dissociation from the real life repercussions of his actions depict a life of a child who would have grown up straight had he been given a chance to. For him to conduct his drug business, he has had to shove away the feelings of guilt that plague him. According to Simonsson (2004), his motivation is that somehow he needs to survive; he needs to live his life and achieve all that he ever dreamt and aspired to be in life. He is fully aware that what he does is wrong and says he will opt out only after fulfilling his dreams and ambitions. Conclusion Fernando is just one boy lost in the quest to discover his true abilities. He has been so caught up in the rotation that is life at a tender age. His personal history and that of his family do mak e matters even worse. He has no proud moment in his life unless it is derived from his many escapades in life which are dangerous. Woodhead, and Faulkner (2000) states that the family history dates back to generations of drugs and disoriented families, and whenever he flashes back the only thing he gets is the reminder that he will die like his father, in jail He shudders at the thought of killing himself but with the drugs he is consuming and the age he is at, the idea is not farfetched. He is so scared about the future that he rarely devotes time to think and plan about it. He assumes that in a span of five years ahead of him, he would be either dead or in jail. This is usually the street assumption of the people and children living this kind of life. They take corrections negatively and they react fast to issues, sometimes overreacting. Hatred and war defines their world, and because they rarely went to school, they do not attach so much emphasis on education. The result is a chi ld with misplaced priorities and wrong ideas about what life is composed of, a child who lives by the gun and doesn’t think twice before pulling the trigger. This is what society entails, though if handled well and given all the love and attention at infantry, the child grows up to be a responsible member of the society who values good ideals. These children would also grow up with the family mindset and would strive to bring up upright citizens by giving them proper education, catering for their health and being there to support them when they need them. Children are good at emulating what their parents do, and if anything parents should strive to bring out the best in their children by living a positive and healthy life. References Aronson, J. Lesser, P. (2011) Human behavior and the social environment theory practice. Washington. Washington press. Berzoff, J., Hertz, P. (2008). Inside out and outside in: Psychodynamic clinical theory and psychopathology in contemporary multicultural contexts (2nd Ed.). New York, NY: New York University Press. Goldstein, E. (1995). Ego psychology and social work practice. New York: The Free Press Hogan, D. (2005). Researching ‘the child’ in developmental psychology: Researching Children’s Experience. Approaches and Methods. London: Sage Publications. Lee, N. (2001). Childhood and Society. Growing up in an age of uncertainty Maidenhed: Open University Press. Simonsson, M. (2004). Picture Books in Preschool – an Interactional Perspective. Linkoping Studies in Arts and Science. New York, NY. Bartsford Printing press. Woodhead, M. Faulkner, D. (2000). ‘Subjects, objects or participants? Dilemmas of psychological research with children’.London: Falmer Press.

Biography of Amelia Earhart, Pioneering Female Pilot

Biography of Amelia Earhart, Pioneering Female Pilot Amelia Earhart (born Amelia Mary Earhart; July 24, 1897–July 2, 1937 [date of disappearance]) was the first woman to fly across the Atlantic Ocean and the first person to make a solo flight across both the Atlantic and the Pacific oceans.  She also set several height and speed records in an airplane. Despite all these records, Amelia Earhart is perhaps best remembered for her mysterious disappearance on July 2, 1937, which has become one of the enduring mysteries of the 20th century. Fast Facts: Amelia Earhart Known For:  The first woman to fly across the Atlantic Ocean, the first person to make a solo flight across both the Atlantic and the Pacific oceans, mysteriously disappeared flying over the Pacific Ocean on July 2, 1937Also Known As:  Amelia Mary Earhart, Lady LindyBorn:  July 24, 1897 in Atchison, KansasParents: Amy and Edwin EarhartDied:  Date unknown; Earharts plane vanished on July 2, 1937Education: Hyde Park High School, Ogontz SchoolPublished Works: 20 Hrs., 40 Min.: Our Flight in the Friendship,  The Fun of ItAwards and Honors: Distinguished Flying Cross, Cross of Knight of the  Legion of Honor, Gold Medal of the  National Geographic SocietySpouse: George PutnamNotable Quote: â€Å"The most effective way to do it is to do it.† Early Life Amelia Mary Earhart was born  on July 24, 1897, in Atchison, Kansas to Amy and Edwin Earhart. Her father was a lawyer for a railroad company, a job that required frequent moving, so Amelia Earhart and her sister lived with their grandparents until Amelia was  12. As a teenager, Amelia moved around with her parents for a few years, until her father lost his job due to a drinking problem. Tired of her husband’s alcoholism and the family’s increasing money troubles, Amy Earhart moved herself and her daughters to Chicago, leaving their father behind in Minnesota. Earhart graduated from Chicago’s Hyde Park High School and went on to the Ogontz School in Philadelphia. She soon dropped out to become a nurse for returning  World War I  soldiers and for victims of the  influenza epidemic of 1918. She made several attempts to study medicine and she worked as a social worker, but once she discovered flying, aviation became her sole passion. First Flights In 1920 when she was 23 years old, Earhart developed an interest  in airplanes. While visiting her father in California, she attended an air show and decided to try flying for herself. Earhart took her first flying lesson in 1921. She received her â€Å"Aviator Pilot† certification from the Federation Aeronautique Internationale on May 16, 1921. Working several jobs, Earhart saved up the money to buy her own airplane, a small Kinner Airster she called the  Canary. In the  Canary, she broke the women’s altitude record in 1922 by becoming the first woman to reach 14,000 feet in an airplane. The First Woman to Fly Over the Atlantic In 1927, aviator  Charles Lindbergh  made history by becoming the first person to fly non-stop across the Atlantic, from the U.S. to England. A year later, publisher George Putnam tapped Amelia Earhart to be the first woman to fly across the Atlantic- as a passenger. The pilot and navigator were both men. On June 17, 1928, the journey began when the  Friendship, a Fokker F7, took off from Newfoundland, Canada bound for England. Ice and fog made the trip difficult and Earhart spent much of the flight scribbling notes in a journal, while Bill Stultz and Louis Gordon handled the plane. 20 Hours, 40 Minutes On June 18, 1928, after 20 hours and 40 minutes in the air, the  plane landed in South Wales. Although Earhart said she did not contribute any more to the flight than â€Å"a sack of potatoes† would have, the press saw her accomplishment differently. They started calling Earhart â€Å"Lady Lindy,† after Charles Lindbergh. Amelia Earhart became an instant celebrity as a woman aviator. Shortly after her trip, Earhart published the book 20 Hrs., 40 Min.: Our Flight in the Friendship, which detailed her experiences. She began to give lectures and fly in shows, again setting records. More Record-Breaking In August 1928 Earhart flew solo across the United States and back- the first time a female pilot had made the journey alone. In 1929, she founded and participated in the Woman’s Air Derby, an airplane race from Santa Monica, California to Cleveland, Ohio. Earhart finished third, behind noted pilots Louise Thaden and Gladys O’Donnell. In 1931, Earhart married George Putnam. This same year she co-founded a professional international organization for female pilots. Earhart was the first president. The Ninety-Niners, named because it originally had 99 members, still represents and supports female pilots today. Earhart published a second book about her accomplishments,  The Fun of It, in 1932. Solo Across the Ocean Having won multiple competitions, flown in air shows, and set new altitude records, Earhart began looking for a bigger challenge. In 1932, she decided to become the first woman to fly solo across the Atlantic. On May 20, 1932, she took off again from Newfoundland, piloting a small Lockheed Vega. It was a dangerous trip: clouds and fog made it difficult to navigate, her plane’s wings became covered with ice, and the plane developed a fuel leak about two-thirds of the way across the ocean. Worse,  the altimeter  stopped working, so Earhart had no idea how far above the ocean’s surface her plane was- a situation that nearly resulted in her crashing into the water. Touched Down in a Sheep Pasture in Ireland In serious danger, Earhart abandoned her plans to land at Southampton, England, and made for the first bit of land she saw. She touched down in a sheep pasture in Ireland on May 21, 1932, becoming the first woman to fly solo across the Atlantic and the first person to fly across the Atlantic twice. The solo Atlantic crossing was followed by more book deals, meetings with heads of state, and a lecture tour, as well as more flying competitions. In 1935, Earhart made a solo flight from Hawaii to Oakland, California, becoming the first person to fly solo from Hawaii to the U.S. mainland. This trip also made Earhart the first person to fly solo across both the Atlantic and Pacific Oceans. New Goals Not long after making her Pacific flight in 1935, Amelia Earhart decided she wanted to try flying around the entire world. A U.S. Army Air Service crew had made the trip in 1924 and male aviator Wiley Post flew around the world by himself in 1931 and 1933. Earhart had two new goals. First, she wanted to be the first woman to fly solo around the world. Second, she wanted to fly around the world at or near the equator, the planet’s widest point: The previous flights had both circled the world much closer to the  North Pole, where the distance was shortest. The Most Difficult Point in the Trip Earhart and her navigator Fred Noonan plotted their course around the world. The most difficult point in the trip would be the flight from Papua New Guinea to Hawaii because it required a fuel stop at Howland Island, a small coral island about 1,700 miles west of Hawaii. Aviation maps were poor at the time and the island would be difficult to find from the air, but the fuel stop was necessary. During last minute preparation for the flight, Earhart decided not to take the full-sized radio antenna that Lockheed recommended, instead opting for a smaller antenna. The new antenna was lighter, but it also could not transmit or receive signals as well, especially in bad weather. The First Leg On May 21, 1937, Amelia Earhart and Fred Noonan took off from Oakland, California, on the first leg of their trip. The plane landed first in Puerto Rico and then in several other locations in the Caribbean before heading to Senegal. They crossed Africa, stopping several times for fuel and supplies, then went on to  Eritrea, India, Burma, Indonesia, and Papua New Guinea. There, Earhart and Noonan prepared for the toughest stretch of the trip- the landing at Howland Island. Since every pound in the plane meant more fuel used, Earhart removed every non-essential item- even the parachutes. The plane was checked by mechanics to ensure it was in top condition. However, Earhart and Noonan had been flying for over a month straight by this time and both were tired. Last Leg On July 2, 1937, Earhart’s plane left Papua New Guinea  heading toward Howland Island. For the first seven hours, Earhart and Noonan stayed in radio contact with the airstrip in Papua New Guinea. After that, they made intermittent radio contact with a Coast Guard ship patrolling the waters below. However, the reception was poor and messages between the plane and the  ship were frequently lost or garbled. The Plane Disappears Two hours after Earhart’s scheduled arrival at Howland Island, on July 2, 1937, the  Coast Guard ship received a final static-filled message that indicated Earhart and Noonan could not see the ship or the island and they were almost out of fuel. The crew of the  ship tried to signal the ship’s location by sending up black smoke, but the plane did not appear. Neither the plane, Earhart, or Noonan were ever seen or heard from again. Naval ships and aircraft began to search for Earharts aircraft. On July 19, 1937, they abandoned their search and in October 1937, Putnam abandoned his private search. In 1939, Amelia Earhart was declared legally dead in a court in California Legacy During her lifetime, Amelia Earhart  captured the imagination of the public. As a woman daring to do what few women- or men- had done, at a time when the organized womens movement had virtually disappeared, she represented a woman willing to break out of traditional roles. The mystery of what happened to Earhart, Noonan, and the plane has not yet been solved. Theories say they might have crashed over the ocean or crashed on Howland Island or a nearby island without the ability to contact help. Other theories have proposed that they were shot down by the Japanese, or were captured or killed by the Japanese. In 1999, British  archaeologists claimed to have found artifacts  on a small island in the South Pacific that contained Earhart’s DNA, but the evidence is not conclusive. Near the plane’s last known location, the ocean reaches depths of 16,000 feet, well below the range of today’s deep-sea diving equipment. If the plane sank into those depths, it may never be recovered. Sources â€Å"Amelia Earhart.†Ã‚  American Heritage.Burke, John.  Winged Legend: The Story of Amelia Earhart. Ballantine Books, 1971.Loomis, Vincent V.  Amelia Earhart, the Final Story. Random House, 1985.

Absolutism and Limited Government essays

Absolutism and Limited Government essays Thomas Hobbes and John Locke set up the basis for the two major forms of government in the 17th century. Hobbes believed that the only successful government would be an absolute monarchy. Locke believed in a limited monarchy form of government. Both of these systems were practiced over many years preceding their writings. The purpose of their writings was to explain why those forms of government are legitimate. Both theories begin with the same basic assumptions, however their conclusions differ greatly. Their opinions were heavily influenced by the general felling of people towards the government of that time. The foundation of both of these theories is identical. Man without government will never prosper. They differ in that Hobbes seems to have believed that man by nature is constantly in a state of war. He believed that men need government in order to feel safe. He explains that without government there is no justice and injustice. Locke has a less severe opinion on human nature. He believed that man needs government in order to accumulate wealth. Fundamentally both of these theories claim that man needs to be governed. They then continue by explaining that government is formed out of peoples agreement to form a covenant. This covenant takes away their absolute freedom in exchange for their safety. In order for the covenant to be valid and its laws to be followed, power must be abdicated to some greater power. It is on the matter of what form this greater power should take where these two theories diverge. Hobbes was concerned with restoring peace and order to England. He believed that the only way to do this was through absolute monarchy. He believed that distributing the power among several leaders would not solve the problem. This would simply put them at war with each other. Abdicating all the power to one sovereign who remains in the state of nature ele ...

Toxic Elements With No Nutritional Value

Toxic Elements With No Nutritional Value Have you ever wondered which elements are toxic? Everything is toxic if the dose is high enough, so Ive compiled a short list of elements that have no nutritional value, even in trace amounts. Some of these elements accumulate in the body, so there is no truly safe exposure limit for those elements (e.g., lead, mercury). Barium and aluminum are examples of elements which can be excreted, at least to a certain extent. Most of these elements are metals. The man-made elements are radioactive and toxic whether they are metals or not. AluminumAntimonyArsenic (metalloid)BariumBerylliumCadmiumHexavalent Chromium Cr6 (Cr3 is necessary in trace amounts for proper nutrition)LeadMercuryOsmiumThalliumVanadiumRadioactive MetalsPolonium (metalloid)ThoriumRadiumUraniumTransuranium elements (e.g., polonium, americium)Radioactive isotopes of metals that might not otherwise be highly toxic (e.g., cobalt-60, strontium-90) Surprises on the List One of the biggest surprises on the list is that aluminum serves no known biological function in humans. Aluminum is the third most abundant element in the Earths crust and the most abundant metal. Another surprise is that you cant use flavor to identify toxic elements. Some poisonous metals taste sweet. Classic examples include beryllium and lead. Lead acetate or sugar of lead was actually used as a sweetener until fairly recently.

National Woman Suffrage Association - NWSA

National Woman Suffrage Association - NWSA Founded: May 15, 1869, in New York City Preceded by: American Equal Rights Association (split between American Woman Suffrage Association and National Woman Suffrage Association) Succeeded by: National American Woman Suffrage Association (merger) Key figures: Elizabeth Cady Stanton, Susan B. Anthony. Founders also included Lucretia Mott, Martha Coffin Wright, Ernestine Rose, Pauline Wright Davis, Olympia Brown, Matilda Joslyn Gage, Anna E. Dickinson, Elizabeth Smith Miller. Other members included Josephine Griffing, Isabella Beecher Hooker, Florence Kelley, Virginia Minor, Mary Eliza Wright Sewall, and Victoria Woodhull. Key characteristics (especially in contrast to the American Woman Suffrage Association): condemned passage of the 14th and 15th Amendments, unless they were changed to include womensupported a federal Constitutional Amendment for womens suffragebecame involved in other womens rights issues beyond suffrage, including the rights of working women (discrimination and pay), reform of marriage and divorce laws.had a top-down organizational structuremen could not be full members although they could be affiliated Publication: The Revolution. The motto on the masthead of The Revolution was Men, their rights and nothing more; women, their rights and nothing less! The paper was largely financed by George Francis Train, a womans suffrage advocate also noted for opposing suffrage for African Americans in the campaign in Kansas for womens suffrage (see American Equal Rights Association). Founded in 1869, before the split with the AERA, the paper was short-lived and died in May 1870. The rival newspaper, The Womans Journal, founded January 8, 1870, was much more popular. Headquartered in: New York City Also known as: NWSA, the National About the National Woman Suffrage Association In 1869, a meeting of the American Equal Rights Association showed that its membership had become polarized on the issue of support for ratification of the 14th Amendment. Ratified the previous year, without including women, some of the womens rights activists felt betrayed and left to form their own organization, two days later. Elizabeth Cady Stanton was the first president of the NWSA. All members of the new organization, the National Woman Suffrage Association (NWSA), were women, and only women could hold office. Men could be affiliated, but could not be full members. In September of 1869, the other faction which supported the 14th Amendment despite it, not including women, formed its own organization, the American Woman Suffrage Association (AWSA). George Train supplied significant funding for the NWSA, usually called the National. Before the split, Frederick Douglass (who joined the AWSA, also called the American) had denounced the use of funds from Train for womens suffrage purposes, as Train opposed black suffrage. A newspaper headed by Stanton and Anthony, The Revolution, was the organ for the organization, but it folded very quickly, with the AWSA paper, The Womans Journal, much more popular. The New Departure Before the split, those who formed the NWSA had been behind a strategy originally proposed by Virginia Minor and her husband. This strategy, which the NWSA adopted after the split, relied on using the equal protection language of the 14th Amendment to assert that women as citizens already had the right to vote. They used language similar to the natural rights language used before the American Revolution, about taxation without representation and governed without consent. This strategy came to be called the New Departure. In many locations in 1871 and 1872, women attempted to vote in violation of state laws. A few were arrested, including famously Susan B. Anthony in Rochester, New York. In the case of United States v. Susan B. Anthony, a court upheld Anthonys guilty verdict for committing the crime of attempting to vote. In Missouri, Virginia Minor had been among those who attempted to register to vote in 1872. She was turned down, and sued in state court, and then appealed all the way to the United States Supreme Court. In 1874, a unanimous verdict by the court declared in Minor v. Happersett that while women were citizens, suffrage was not a necessary privilege and immunity to which all citizens were entitled. In 1873, Anthony summarized this argument with her landmark address, Is It a Crime for a U.S. Citizen to Vote? Many of the NWSA speakers who lectured in various states took up similar arguments. Because the NWSA was focusing on the federal level to support womens suffrage, they held their conventions in Washington, D.C., even though headquartered in New York City. Victoria Woodhull and the NWSA In 1871, the NWSA heard an address at its gathering from Victoria Woodhull, who testified the previous day before the U.S. Congress supporting woman suffrage. The speech was based on the same New Departure arguments that Anthony and Minor acted upon in their attempts to register and vote. In 1872, a splinter group from the NWSA nominated Woodhull to run for president as a candidate of the Equal Rights Party. Elizabeth Cady Stanton and Isabella Beecher Hooker supported her run and Susan B. Anthony opposed it. Just before the election, Woodhull released some salacious allegations about Isabella Beecher Hookers brother, Henry Ward Beecher, and for the next few years, that scandal continued with many in the public associating Woodhull with the NWSA. New Directions Matilda Joslyn Gage became president of the National in 1875 through 1876. (She was Vice President or head of the Executive Committee for 20 years.) In 1876, the NWSA, continuing its more confrontational approach and federal focus, organized a protest at the national exhibition celebrating the centennial anniversary of the nations founding. After the Declaration of Independence was read at the opening of that exposition, the women interrupted and Susan B. Anthony made a speech on womens rights. The protestors then presented a Womens Declaration of Rights and some Articles of Impeachment, arguing that women were being wronged by the absence of political and civil rights. Later that year, after months of gathering signatures, Susan B. Anthony and a group of women presented to the United States Senate petitions signed by more than 10,000 advocating womens suffrage. In 1877, the NWSA initiated a federal Constitutional Amendment, written mostly by Elizabeth Cady Stanton, which was introduced into the Congress every year until it passed in 1919. Merger Strategies of the NWSA and AWSA began to converge after 1872. In 1883, the NWSA adopted a new constitution allowing other woman suffrage societies including those working at the state level to become auxiliaries. In October of 1887, Lucy Stone, one of the founders of the AWSA, proposed at that organizations convention that merger talks with the NWSA be initiated. Lucy Stone, Alice Stone Blackwell, Susan B. Anthony and Rachel Foster met in December and agreed in principle to proceed. The NWSA and AWSA each formed a committee to negotiate the merger, which culminated in the 1890 beginning of the National American Woman Suffrage Association. To give gravitas to the new organization, three of the best-known leaders were elected to the three top leadership positions, although each was aged and somewhat ailing or otherwise absent: Elizabeth Cady Stanton (who was in Europe for two years) as president, Susan B. Anthony as vice president and acting president in Stantons absence, and Lucy Stone as head of the Executive Committee.

Singer's Practical Ethics Term Paper Example | Topics and Well Written Essays - 1500 words

Singer's Practical Ethics - Term Paper Example He is strong in his convictions about the utilitarian ethics. He argues, â€Å"As far as my underlying ethical views are concerned, some of my friends and colleagues will no doubt be distressed to find the countless hours spent discussing these matters with me that have served only to reinforce my conviction, that consequentialist approach to ethics†¦.is fundamentally sound† (x). The society impacted by the materialist civilization, industrial and internet revolutions is, to some extent, responsible for the present day maladies afflicting the society, according to him and the basic values of humankind have gone haywire. Peter Singer’s concept of utilitarianism ensures the individual right and freedom to come to own conclusions, and he advises all not to be follow-the-leader type individuals. He writes, â€Å"We have to reach our own decision. The beliefs and customs we were brought up with may exercise great influence on us, but once we start to reflect upon them we can decide whether to act in accordance with them or to go against them† (6). His intended audience is the political leadership, economists, scientists, sociologists, intellectuals and who's who of the society. Animal Rights: Peter Singer is the strong supporter of animal rights. From the scientific viewpoint, he relies on speculative conclusions and absolute assumptions. He is against animal experimentation and argues for banning it totally. His arguments have something to do with his personal convictions and emotional repugnance of the whole exercise of torturing and killing animals. He equates the utility of human beings with that of animals and as such humans have no right to exercise control on the life of animals. He terms this distinction as â€Å"speceisism† and that is as bad as the practice of racism and sexism. He states that all animals feel pain and inflicting deliberate pain on them is an illegitimate action. Peter Singer clinches the issue by highlight ing the physical responses of the animals when at the receiving end of the pain, including chemical and physiological responses to pain receptors. That animal cannot reason or talk is no issue for Singer. The point is it suffers. Singer’s argument is based on the solid grounds of scientific approach and it has the element of unassailable logic. He argues that some of the animals are more intelligent than the human babies and/or mentally retarded. Ethical considerations demand that such animals need to be excluded from biomedical research. Moreover, the onus of proving that the benefits of research are in tandem with the suffering and pain imposed on the animals, vests with the scientists. Will those conducting such experiments take that responsibility? Whether similar experiments will be conducted on human infants to decide the ethical status of the relative experiments? Singer’s argument is based on the premises that animals and humans have equal rights. But the criti cs of Singer stick to their basic stand that animals are not members of the moral community and it is the duty of all concerned to act in the manner that is supportive to the moral duties for the benefit of humankind. Peter Singer is a compulsive controversy creator. Controversy and finding its solution are like alternative beats of the same heart to him. He is the greatest defender of animal rights and equates their right to exist with that right of human beings. His ideal is nothing short of

Health and the use of illicit drugs Essay Example | Topics and Well Written Essays - 1750 words

Health and the use of illicit drugs - Essay Example Many countries, all over the world, including Australia, have categorized illicit drug use as one of the health issues and many laws and policies have been formulated and enforced to check illicit drug intake. However, statistics show that the problem continues and more and more people are falling prey to the consequences of drug abuse (NDS, 2008). The Australian government has put illicit drug abuse under health agenda because of various contemporary pressures and influences, the details of which will be elaborated in the discussion below. Amongst all the countries in the world, Australia is at the forefront as far as drug policing is concerned (NDS, 2008). The National Drug Strategy (NDS) was implemented in 1985 (NDS, 2008) and has steered the comprehensive approach to the harmful use of illicit drugs. It has been launched through cooperation of Australian, state and territory governments. The 3 main policies endorsed by the Australian government to tackle illicit drug abuse are reduction of demand, reduction of supply and reduction of harm (Ministerial Council on Drug Strategy, 2004). The most important policy is the harm reduction policy which is actually a safety net to the other two policies (Zadjow, 2005). and involves strategies to prevent the harmful effects of drug abuse both to the person and the society. The National Drugs Campaign (NDC, 2009) is a nation-wide programme with aims and objectives to bring down the motivation of young Australians for consumption of illicit drugs. The Ministry for Health and Ag eing of the Australian government has developed and endorsed many more strategies to tackle illicit drug abuse, some of which in the recent years are "National Amphetamine-Type Stimulant Strategy 2008-2011", "Management of Patients with Psychostimulant Use Problems. Guidelines for General Practitioners updated 2007", "The Intergovernmental Committee on Drugs National Drug Strategic Framework", "Barriers and Incentives to Treatment for Illicit

Technology impact on the organization Research Paper

Technology impact on the organization - Research Paper Example Factors of production include the inputs required in the production process in order to accomplish an organization’s objective in achieving its desired output. The desired output may be a finished product or a service depending on the organization. They include labor, capital, land and enterprise or entrepreneurship (Lee & Edgar, 2002). This makes technological progress the mover of development in the economy. Labor in an organization is termed as either skilled labor or unskilled labor. Most organizations will prefer the use of unskilled labor as much as possible since it is cheaper as compared to skilled labor. It is also in many instances readily available. On the other hand, skilled labor is needed, especially where technology brings in the aspect of automation in processing. Capital is the initial amount of money required to carry out organization affairs. Depending on the investment targeted, an organization requires variant amount of capital. An organization with an automated computer controlled process cannot have the same amount of investment with another of the same kind. Initial cost of high technology is high, but this ends up becoming economical due to efficiency and high productivity in processing. This is a basic factor that deals with the management of a company. Workers in the managerial positions and are conversant with high grade technology know how to bring out better results. This brings in the aspect of â€Å"Just in Time† delivery of goods and services. One of the roles of technology includes increased productivity of the workers. This is enhanced by the use of efficient machines in operations, thus making it possible to exploit the worker’s potential. There is optimal resources utilization; this includes space, time, process, human resource among others. When there is no waste in a process, optimal profits are obtained, and making profits is the main goal of any business organization (Montano

Discovering Computer Dc 2005 (Website) scsite.com dc2005 Essay

Discovering Computer Dc 2005 (Website) scsite.com dc2005 - Essay Example The pages load quickly, making it ideal for time-conscious people. Their menu lists exactly what departments they have, and all the pictures shown display exactly what they have - there are no questions what they do not have since departments break everything up, and they only have four categories. The Campus virtual interview was informative, and gave me some things to look at when I interview. I went through it twice - once with the answers I would give, and the second time to give answers that were the complete opposite. I have to work on how confident I sound, how to rephrase certain skill levels, and how to focus on what direction I would like to take my career. There were ones that repeated a couple of times one was about criticism. The one I found difficult was leadership and management. While I haven't really had title of manager, there have been skills I have obtained which would make me a good mangaer. Leadership means different things to people/companies, and to answer that effectively for the company I am interviewing at, I would have to ask them for their definitions. One tip I found interesting and helpful was people always have to improve their skill level no matter what industry they are in.

Francis Fukuyama' s idea of human dignity Essay

Francis Fukuyama' s idea of human dignity - Essay Example Francis Fukuyama pronounced that man has not yet reached the end of history for man has not yet reached the end of science. The discussion of the consequences of biotechnology does comprise the strongest part of Fukuyama's latest book. Francis Fukuyama is able to stress out the ways in which man is benefiting from the surfacing of biotechnology as he stated in his emergent theory with this idea it is possible to reconcile his idea with Surowiecki with regard to maintaining human dignity amidst man's continuous use of biotechnology.The author is popular for his statements on biotechnology and human dignity more than a decade ago that, because the other possibilities to liberal egalitarianism had pushed themselves, history as we knew it was at a conclusion.Fukuyama's objective is not simply to describe the consequences of biotechnology, but to insist that biotechnology suggests unwelcome consequences both the designation of man and the existing communal structure. Fukuyama promotes tha t government institutions should be recognized to assess and standardize biotechnological innovations.The revolution of biotechnology as an emergence of progress and development is very evident with the rise into power of the breakthroughs in the pharmaceutical industry wherein medicines are now aimed not only to cure diseases but also to improve the existing normal conditions. For example, Prozac is used by people who are not depressed to increase confidence and reduce shyness; Ritalin is used by adults who do not have attention-deficit/hyperactivity disorder to increase their capacity to focus attention for sustained periods; and the antinarcoleptic Modafil is used by long-distance truck drivers who do not have narcolepsy to reduce their need for sleep. Nanotechnology is responsible for genetic modifications giving man the power to create their ideal man by selection of traits that affects the genetic makeup of future offspring. In vitro fertilization together with preimplantation genetic diagnosis now makes it possible to avoid the implantation of embryos with genes for serious disease or to select for sex. Human cloning has been a long-term debatable topic when it comes to biotechnology. There has been a widespread opposition to it. Many commentators have expressed a wide variety of concerns about these advances, such as their very worrisome potential to increase inequalities between those who can afford genetic enhancements for their children and those who cannot. It is unquestionable that our equal moral status, or worth, rests on certain properties we share, or as Fukuyama puts it, on our common human nature. Few argue that it is morally wrong to kill bacteria; presumably this is because the bacteria lack these properties. Fukuyama defines human nature as "the sum of the behavior and characteristics that are typical of the human species, arising from genetic rather than environmental factors." (Fukuyama, 217) It's worth noting that by this definition, human nature is an empty concept, because no human behavior or characteristic arises only from genetic rather than environmental factors-all are the result of complex interplay of those factors. But setting this difficulty aside, what is the common nature that could ground our human dignity and rights Fukuyama argues that it is the way language, reason, moral choice and emotions combine in humans that gives us human dignity. Our dignity rests on what he calls Factor X, "some essential human quality underneath [contingent and accidental characteristics] that is worthy of a certain minimal level of respect." (Fukuyama, 136) This "human essence" is a whole that is greater than the sum of its parts: If what gives us dignity and a moral status higher than that of other living creatures is related to the fact that we are complex wholes rather than the sum of simple parts, then it is clear that there is no simple answer to the question, What is Factor X That is, Factor X cannot be reduced to the possession of moral choice, or reason, or language,

A global look at quality managemenr in universities Research Paper

A global look at quality managemenr in universities - Research Paper Example Universities across the world have been positing themselves as â€Å"world-class† in view of the market opportunities presented by globalization (Xavier and Alsagoff, 2013). In a global scenario, quality and perception of quality of a university is defined and determined by many internal as well as external mechanisms. In this context, quality of education has become a decisive factor while determining the management strategy for any university (Dobrzanski and Roszak, 2007, p.223). Xavier and Alsagoff (2013) have observed how universities present themselves as â€Å"world-class† to the global markets through many strategies, thereby attracting students from all over the world. Any examination of the quality of universities in global context will have to start with addressing the questions, what is defined by quality, and whether there are global standards of quality in education (Paradeise and Thoenig, 2013, p.189). Quality in the context of university education is ofte n defined as: Expression of significant range of educational effectiveness and reflection of a new approach in which need of systematic evaluation of undertaken activities is taking essential meaning including improvement and making endeavors towards accreditation which aim to confirm that all the standards of educational effectiveness are provided† (Dobrzanski and Roszak, 2007, p.223-4). Quality of university education can also be defined in terms of financial effectiveness, academic standards, and public usefulness as well (Dobrzanski and Roszak, 2007, p.224). ... This is an approach that ensures participation, plans long-term, aims at â€Å"customer satisfaction†, and brings benefits to all the academic and social stakeholders (Becket and Brookes, n.d., p.43). Fotopoulos and Psomas (2008) have studied TQM in the context of Greece and observed that any TQM model must have a â€Å"soft† and â€Å"hard† side, the â€Å"soft† side being a plan to address long term issues and related to â€Å"leadership, employee empowerment and culture† (p.151). The â€Å"hard† side on the other hand refers to â€Å"quality improvement tools and techniques† (Fotopoulos and Psomas, 2008, p.151). It is pointed out by Fotopoulos and Psomas (2008) that â€Å"there is no unique model for a good TQM programme and TQM is a network of interdependent elements, namely, critical factors, practices, techniques and tools† (Fotopoulos and Psomas, 2008, p.151). Yet, there have been a number of â€Å"TQM elements† id entified through various research projects and they are, leadership, strategic quality planning, employee management and involvement, supplier management, customer focus, process management, continuous improvement, information and analysis, knowledge and education, and TQM tools such as â€Å"flow charts, relations diagram, scatter diagram, control charts, pareto analysis, quality function deployment, design of experiments and so on† (Fotopoulos and Psomas, 2008, p.152-3). There are widely accepted quality frame works for universities other than TQM such as European Framework for Quality Management (EFQM) and SERVQUAL that approaches the issue from the customers' â€Å"perspective† (Becket and Brookes, n.d., p.43). The dynamics of the process of attaining