personal finances Essays - Economy, Finance, Money, Personal Finance

1 - Financial Position: this area is concerned with understanding the personal resources available by examining net worth and household cash flow. Net worth is a person's balance sheet, calculated by adding up all assets under that person's control, minus all liabilities of the household, at one point in time. Household cash flow totals up all the expected sources of income within a year, minus all expected expenses within the same year. From this analysis, the financial planner can determine to what degree and in what time the personal goals can be accomplished. 2 - Adequate Protection: the analysis of how to protect a household from unforeseen risks. These risks can be divided into liability, property, death, disability, health and long term care. Some of these risks may be self-insurable, while most will require the purchase of an insurance contract. Determining how much insurance to get, at the most cost effective terms requires knowledge of the market for personal insurance. Business owners, professionals, athletes and entertainers require specialized insurance professionals to adequately protect themselves. Since insurance also enjoys some tax benefits, utilizing insurance investment products may be a critical piece of the overall investment planning. 3 - Tax Planning: typically the income tax is the single largest expense in a household. Managing taxes is not a question of if you will pay taxes, but when and how much. Government gives many incentives in the form of tax deductions and credits, which can be used to reduce the lifetime tax burden. Most modern governments use a progressive tax. Typically, as your income grows, you pay a higher marginal rate of tax. Understanding how to take advantage of the myriad tax breaks when planning your personal finances can make a significant impact upon your success. 4 - Investment and Accumulation Goals: planning how to accumulate enough money to acquire items with a high price is what most people consider to be financial planning. The major reasons to accumulate assets is for the following: a - purchasing a house b - purchasing a car c - starting a business d - paying for education expenses e - accumulating money for retirement, to generate a stream of income to cover lifestyle expenses. Achieving these goals requires projecting what they will cost, and when you need to withdraw funds. A major risk to the household in achieving their accumulation goal is the rate of price increases over time, or inflation. Using net present value calculators, the financial planner will suggest a combination of asset earmarking and regular savings to be invested in a variety of investments. In order to overcome the rate of inflation, the investment portfolio has to get a higher rate of return, which typically will subject the portfolio to a number of risks. Managing these portfolio risks is most often accomplished using asset allocation, which seeks to diversify investment risk and opportunity. This asset allocation will prescribe a percentage allocation to be invested in stocks, bonds, cash and alternative investments. The allocation should also take into consideration the personal risk profile of every investor, since risk attitudes vary from person to person. 5 - Retirement Planning: retirement planning is the process of understanding how much it costs to live at retirement, and coming up with a plan to distribute assets to meet any income shortfall. can leave your assets to family, friends or charitable groups.

Pleonasm Definition and Examples in English

Pleonasm Definition and Examples in English Pleonasm is the use of more words than are necessary to make a point. Pleonasm may serve as a rhetorical strategy to emphasize an idea or image. Used unintentionally, it may also be viewed as a stylistic fault. Etymology: From the Greek, excessive, abundant Examples and Observations: The most unkindest cut of all.(William Shakespeare, Julius Caesar)In the farmhouse I saw, with my own eyes, this sight: there was a man, of young age and graceful proportion, whose body had been torn limb from limb. The torso was here, an arm there, a leg there. . . .All this I saw with my own eyes, and it was the most fearsome sight I ever witnessed. (Michael Chrichton, Eaters of the Dead. Random House, 1976)These terrible things I have seen with my own eyes, and I have heard with my own ears, and touched with my own hands.(Isabel Allende, City of the Beasts. Rayo, 2002)As a rhetorical figure, [a pleonasm] gives an utterance an additional semantic dimension, as in Hamlets dictum about his father: He was a man, take him for all in all, I shall not look upon his like again (Shakespeare. Hamlet, I.2.186-187), where man contains the semantic markers ( human) and ( male) contained in father and he, but according to the context it has the specific meaning ideal man.(Heinrich F. Plett, Ple onasm, in Encyclopedia of Rhetoric. Oxford Univ. Press, 2001) pleonasm. Term in rhetoric for repetition or superfluous expression. Hence, in grammar, a category is sometimes said to be represented pleonastically if it is realized by more than one affix, word, etc.(P.H. Matthews, Oxford Concise Dictionary of Linguistics. Oxford Univ. Press, 1997)Ears pierced while you wait.I forgot my PIN number for the ATM machine.Many tautological (or tautologous) expressions occur in everyday usage. The tautology in some is immediately apparent: all well and good; to all intents and purposes; cool, calm, and collected . . .. In others, it is less obvious, because they contain archaic elements: by hook or by crook.(Tom McArthur, The Oxford Companion to the English Language. Oxford Univ. Press, 1992)George Carlins Department of Pleonasms and RedundanciesI needed a new beginning, so I decided to pay a social visit to a personal friend with whom I share the same mutual objectives and who is one of the most unique individuals I have ever personally met. The end re sult was an un ­expected surprise. When I reiterated again to her the fact that I needed a fresh start, she said I was exactly right; and, as an added plus, she came up with a fi ­nal solution that was absolutely perfect.Based on her past experience, she felt we needed to join together in a com ­mon bond for a combined total of twenty-four hours a day, in order to find some new initiatives. What a novel innovation! And, as an extra bonus, she presented me with the free gift of a tuna fish. Right away I noticed an immedi ­ate positive improvement. And although my recovery is not totally complete, the sum total is I feel much better now knowing I am not uniquely alone.(George Carlin, Count the Superfluous Redundant Pleonastic Tautologies. When Will Jesus Bring the Pork Chops? Hyperion, 2004) Dougan uses many words where few would do, as if pleonasm were a way of wringing every possibility out of the material he has, and stretching sentences a form of spreading the word.(Paula Cocozza, review of How Dynamo Kiev Beat the Luftwaffe, in The Independent, March 2, 2001)Its dà ©j vu all over again.(attributed to Yogi Berra) See also: BattologyCommon RedundanciesGeorge Carlins Essential DrivelRedundancyRepetitionTautology

B-25 Mitchell in World War II

B-25 Mitchell in World War II The evolution of the North American B-25 Mitchell began in 1936 when the company began work on its first twin-engine military design. Dubbed the NA-21 (later NA-39), this project produced an aircraft that was of all-metal construction and powered by a pair of Pratt Whitney R-2180-A Twin Hornet engines. A mid-wing monoplane, the the NA-21 was intended to carry a payload of 2,20o lbs. of bombs with range of around 1,900 miles. Following its first flight in December 1936, North American modified the aircraft to correct several minor issues. Re-designated the NA-39, it was accepted by the US Army Air Corps as the XB-21 and entered into competition the following year against an improved version of the Douglas B-18 Bolo. Further altered during the trials, the North American design proved to have consistently superior performance to its competitor, but cost significantly more per aircraft ($122,000 vs. $64,000). This led to the USAAC passing on the XB-21 in favor of what became the B-18B. Development Utilizing the lessons learned from the project, North American moved forward with a new design for a medium bomber which was dubbed the NA-40. This was spurred on in March 1938 by USAAC circular 38-385 which called for a medium bomber capable of carrying a payload of 1,200 lbs. a distance of 1,200 miles while maintaining a speed of 200 mph. First flying in January 1939, it proved under-powered. This issue was soon remedied through the use of two Wright R-2600 Twin Cyclone engines. The improved version of the aircraft, the NA-40B, was placed into competition with entries from Douglas, Stearman, and Martin, where it performed well but failed to secure an USAAC contract. Seeking to take advantage of Britain and Frances need for a medium bomber during the early days of World War II, North American intended to build the NA-40B for export. These attempts failed when both countries elected to move forward with a different aircraft. In March 1939, as the NA-40B was competing, the USAAC issued another specification for a medium bomber requiring a payload of 2,400 lbs., range of 1,200 miles, and a speed of 300 mph. Further revising their NA-40B design, North American submitted the NA-62 for evaluation. Due to a pressing need for medium bombers, the USAAC approved the design, as well as the Martin B-26 Marauder, without conducting the usual prototype service tests. A prototype of the NA-62 first flew on August 19, 1940. Design Production Designated B-25 Mitchell, the aircraft was named for Major General Billy Mitchell. Featuring a distinctive twin tail, early variants of the B-25 also incorporated a greenhouse-style nose which contained the bombardiers position. They also possessed a tail gunner position at the rear of the aircraft. This was eliminated in the B-25B while a manned dorsal turret was added along with a remotely operated ventral turret. Around 120 B-25Bs were built with some going to the Royal Air Force as the Mitchell Mk.I. Improvements continued and the first type to be mass-produced was the B-25C/D. This variant increased the aircrafts nose armament and saw the addition of improved Wright Cyclone engines. Over 3,800 B-25C/Ds were produced and many saw service with other Allied nations. As the need for effective ground support/attack aircraft increased, the B-25 frequently received field modifications to fulfill this role. Acting on this, North American devised the B-25G which increased the number of guns on the aircraft and included the mounting of a 75 mm cannon in a new solid nose section. These alterations were refined in the B-25H. In addition to a lighter 75 mm cannon, the B-25H mounted four .50-cal. machine guns below the cockpit as well as four more in cheek blisters. The aircraft saw the return of the tail gunner position and the addition of two waist guns. Capable of carrying 3,000 lbs. of bombs, the B-25H also possessed hard points for eight rockets. The final variant of the aircraft, the B-25J, was a cross between the B-25C/D and the G/H. It saw the removal of the 75 mm gun and the return of the open nose, but the retention of the machine gun armament. Some were built with a solid nose and an increased armament of 18 machine guns. B-25J Mitchell Specifications: General Length: 52 ft. 11 in.Wingspan: 67 ft. 6 in.Height: 17 ft. 7 in.Wing Area: 610 sq. ft.Empty Weight: 21,120 lbs.Loaded Weight: 33,510 lbs.Crew: 6 Performance Power Plant: 2 Ãâ€" Wright R-2600 Cyclone radials, 1,850 hpCombat Radius: 1,350 milesMax Speed: 275 mphCeiling: 25,000 ft. Armament Guns: 12-18 Ãâ€" .50 in (12.7 mm) M2 Browning machine gunsBombs: 6,000 lbs. max. or 8 x 5 rockets 3,000 lbs. bombs Operational History The aircraft first came to prominence in April 1942 when Lieutenant Colonel James Doolittle used modified B-25Bs in his raid on Japan. Flying from the carrier USS Hornet (CV-8) on April 18, Doolittles 16 B-25s struck targets in Tokyo, Yokohama, Kobe, Osaka, Nagoya, and Yokosuka before flying on to China. Deployed to most theaters of the war, the B-25 saw service in the Pacific, North Africa, China-India-Burma, Alaska, and the Mediterranean. Though effective as a level medium bomber, the B-25 proved particularly devastating in Southwest Pacific as a ground attack aircraft. Modified B-25s routinely conducted skip bombing and strafing attacks against Japanese ships and ground positions. Serving with distinction, the B-25 played key roles in Allied victories such as the Battle of the Bismarck Sea. Employed throughout the war, the B-25 was largely retired from frontline service at its conclusion. Though known as a forgiving aircraft to fly, the type did cause some hearing loss problems among crews due to engine noise issues. In the years after the war, the B-25 was used by a number of foreign nations.

Journal 2 Essay Example | Topics and Well Written Essays - 1000 words

Journal 2 - Essay Example Such privacy is protected by law and through electronic means. For example, electronic financial information can be protected through Personal Identification Numbers (PIN). It is a process through which a mortgage lender repossess the property used as collateral for a loan. The lender usually auctions that property or retains ownership rights due to a default by the loaned. The main objective of a foreclosure is to obtain the principle amount and also the accrued interest. The process of foreclosure is legal and sanctioned by court. The borrower is given a specific grace period in which he or she can make payment and avoid foreclosure. An example of a foreclosure is when a person uses a house as collateral for a loan and defaults in payments. The lender then seeks foreclosure by selling the house to obtain the balance and other payments. A franchise is a legal right or privilege that is officially accorded to an individual or entity to offer certain goods or services at a specific place and time. The franchise is strictly governed by guidelines that are defined under the agreement. An example to illustrate the terms can be sourced from the MacDonalds fast food franchise. The firm (franchisor) offers licenses or enters into trade agreements (franchises) with various entities (franchisees) around the world to offer products and services under its own name. The board of directors is a group of people who are elected to establish corporate management policies and practices in regard to the activities of the company. The board jointly runs the affairs of a company and is tasked with making decisions on major issues such as hiring terms, assessing the work of executives and shareholder dividends. The board of directors is formed by the organizations bylaws and regulated by a higher authority that has no interest in the firm to ensure the rationality of decisions. The activities of the board of directors are guided by the type,

Application to the B.S. N program in New Jersey University ( Nursing Essay

Application to the B.S. N program in New Jersey University ( Nursing Program) - Essay Example HIPAA, the European Privacy Directive, and other like legislation do not concern themselves with the success or failure of a company. If a company's data is simply destroyed, then the legislation does not apply. In some cases of BCP, this type of legislation may apply, as in the case of data being maliciously copied for illegal use, and then the original source being destroyed. In this line of reasoning, the legislation that already exists is sufficient. BCP has to do with the preparation of functional copies of data that the business can use to continue to function. This will help save the business money in the case of an interruption. The success of businesses should not be legislated. It should not be against the law for a business to fail. --Doug I guess I am thinking of the stock market, banks, telecommunications, and other private companies. If they don't have a BCP and their services become unavailable, there are potentially serious consequences for the Nation. Doesn't the US government have a responsbility to ensure that critical areas have a BCP so that the country can function in case of an emergency Not tell them HOW to do it, but that they must do it and have some requirements to ensure it is being done. You are right. For example, the SCADA systems that govern the distribution/transmission of electricity and gas, must absolutely remain operational.

Harriet Beecher Stowe Essay Example for Free

Harriet Beecher Stowe Essay Born â€Å"June 14, 1811†, â€Å"Harriet Beecher Stowe†, was born to â€Å"Roxana and Lyman Beecher† (Lakewood Public Library n. p. ). This seventh sibling has a famous brother, â€Å"Henry Ward Beecher†, who is a leader of the â€Å"abolitionist movement† (Lakewood Public Library n. p. ). She also has a sister, â€Å"Catherine Beecher† who fought for the women to be educated; she played a large role in the women’s progress in terms of education (Lakewood Public Library n. p. ). In addition to that, she was married to an equally brilliant individual and popular named, â€Å"Calvin Stowe† at the age of twenty five (Lakewood Public Library n. p. ). She had seven children with this co-teacher of hers (Lakewood Public Library n. p. ). She attended the â€Å"Hartford Female Academy† to complete her education (Lakewood Public Library n. p. ). This is the same school that her sister, â€Å"Catherine Beecher† instituted when â€Å"Harriet Beecher Stowe† was only twelve years old (Lakewood Public Library n. p. ). In school, she was described as â€Å"absent-minded, moody, and weird†, however, she was also known as extremely intelligent and that she was exceedingly good in writing (Harriet Beecher Stowe, 1811 1896 n. p. ). When â€Å"Harriet Beecher Stowe† turned twenty one, she went to teach in â€Å"Cincinnati† at the â€Å"Western Female Institute†, another learning institution that her sister established (Lakewood Public Library n. p. ). Together with her sister, Catherine, she wrote and published â€Å"Geography for Children† (Harriet Beecher Stowe, 1811 1896 n. p. ). This same year, she has also been awarded with for an article she wrote and published in the â€Å"Western Monthly Magazine† entitled, â€Å"New England Sketch† (Harriet Beecher Stowe, 1811 1896 n. p. ). At the age of thirty nine, she had already accomplished a book, entitled, â€Å"Uncle Tom’s Cabin† (Lakewood Public Library n. p. ). She turned extremely famous in 1851, just a year after she has written the aforementioned book (Harriet Beecher Stowe, 1811 1896 n. p. ). In addition to the aforementioned, what made her more famous is the fact that she delivered speeches with regards to oppression/slavery that occurs in the United States, as well as, in the United Kingdom (Harriet Beecher Stowe, 1811 1896 n. p. ). When some of her critics declared that the contents of â€Å"Uncle Tom’s Cabin† was not genuine, she rose up to the challenge and wrote another book entitled, â€Å"Dred† five years after the publication of â€Å"Uncle Tom’s Cabin† (Harriet Beecher Stowe, 1811 1896 n. p. ). While she was busy delivering speeches about slavery, she also had her writings published in a journal known as â€Å"The National Era† that even the president, â€Å"Abraham Lincoln† acknowledged her brilliance and fame by saying, â€Å"So you are the little woman who wrote the book that started this great war† (Harriet Beecher Stowe, 1811 1896 n. p. ). Back then, she was not only the â€Å"most famous† writer, she was also known to be the â€Å"highest paid† one (Harriet Beecher Stowe, 1811 1896 n. p. ). She died in July 1, 1896 in Hartford, CT (Lakewood Public Library n. p. ). However, she left with so many contributions to the world of literature including the following works: â€Å"1) The Mayflower: or, Sketches of Scenes and Characters Among the Descendants of the Pilgrims; 2) Uncle Tom’s Cabin; 3) The Key to Uncle Tom’s Cabin; 4) Sunny Memoirs of Foreign Lands; 5) Dred: A Tale of the Great Dismal Swamp; 6) the Minister’s Wooing; 7) The Pearl of Orr’s Island; 8) Agnes of Sorrento; 9) House and Home Papers; 10) Little Foxes; 11) Religious Poems; 12) the Chimney Corner; 12) Men of our Times; 13) Old Town Folks; 14) The True Story of Lord Byron’s Life; 15) Lady Byron Vindicated; 16) Little Pussy Willow; 17) Pink and White Tyranny: A Society Novel; 18) Old Town Fireside Stories; 19) My Wife and I: or, Harry Henderson’s History; 20) Sam Lawson’s Oldtown Fireside Stories; 21) Woman in Sacred History; 22) Palmetto Leaves; 23) We and Our Neighbors; 24) Betty’s Bright Idea; 25) Captain Kidd’s Money and Other Stories; 26) Footsteps of the Master; 27) Bible Heroines; 28) Poqanuc People; 29) A Dog’s Mission; 30) The Poor Life; 31) the Writings; and 32) Regional Sketches† (Hedrick 3 398). Furthermore, she left with a good name (Fritz 5 – 144). The author in question played a large role as a â€Å"social reformer, philanthropist, and author†; she fought for the â€Å"African Americans† and everyone else who were victims of oppression and slavery (Fritz 5 – 144). Upon meeting slaves who were able to escape, she immediately wrote articles and actually published them; through these many people â€Å"will wake up† in the years to come (Fritz 5 – 144). If she had not started upholding such rights of the slaves and people who were oppressed, it would not have been pushed by others and slavery would still have been in its worse today (Fritz 5 – 144). During her time, the â€Å"Fugitive Slave Act† has been enacted (Fritz 5 – 144). This law made it unlawful for other individuals to help out slaves who escaped (Fritz 5 – 144). What â€Å"Harriet Beecher Stowe† did was to send a letter to a colleague and â€Å"abolitionist leader† named â€Å"Frederick Douglass† (Fritz 5 – 144). Here, she sought for an advice with regards to her articles on oppression/slavery (Fritz 5 – 144). Fortunately during this time she also had the opportunity to make her voice heard and so what she did was to discuss her writings especially with regards to slavery to help other individuals become well informed and to inspire them to help her out with her advocacies/fight (Fritz 5 – 144). On a final note, â€Å"Harriet Beecher Stowe† is a famous author who played a large role in addressing the problem on slavery in the United States and the United Kingdom through her works and delivered speeches (Fritz 5 – 144). Works Cited Harriet Beecher Stowe, 1811 – 1896. n. d. n. a. 18 November 2008. http://americancivilwar. com/women/hbs. html Fritz, Jean. Harriet Beecher Stowe and the Beecher Preachers (Unforgettable Americans). NY: Putnam Juvenile, 1998. Hedrick, Joan. Harriet Beecher Stowe: A Life. NY: Oxford University Press, 1995. Lakewood Public Library. Harriet Beecher Stowe. n. d. n. a. 18 November 2008. http://www. lkwdpl. org/wihohio/stow-har. htm

Maturation Of Scout Essay -- essays research papers

In Harper Lee’s novel, â€Å"To Kill A Mocking Bird† we see that maturation of some of the characters is clearly evident, particularly Scouts. We see this by the way she acts in front of Miss Maudie, Calpurnia and Mrs. Alexandra Finch. Beside her father, Scout probably respects and likes the most is Miss Maudie. The two of them have a great relationship and they both love each other very deeply. When Scout first introduces us to Miss Maudie (in chapter 5), she tells us all the nicest things about her. She talks about how much she and Jem trusted Miss Maudie and what a good friend she was. They trusted her because "she never told on them, never played cat-and-mouse with them, and because she was not at all interested in their private lives", (chp. 5, pg. 44-45) unlike most Maycomb people. This is also why Scout respected Miss Maudie so much and why she told her, "Miss Maudie, you are the best lady I know" (pg.45). Miss Maudie always made cakes for Scout, Jem and Dill, and she invited them over to eat them and also to play in her backyard. One summer, Scout spent the whole second half of the summer with Miss Maudie. They sat in the front porch, watched the sunset, talked, took care of Miss Maudie' s garden. That's when Scout became very close to Miss Maudie. Basically, Scout admired Miss Maudie. She was her hero. Calpurnia is a very important character in the novel. Scout has known her her whole life and has basically lived with her, but they weren't that close. Scout never liked Calpurnia very much, mostly because she always complained about her behavior. "She was always ordering her out of the kitchen, asking her why she couldn't behave as well as Jem when she knew he was older, and calling her home when she wasn't ready to come. There talking was like battling and one-sided. Calpurina always won, mainly because Atticus always took her side." (pg. 6). Another reason why Scout didn't like Calpurnia is because she made her practice writing. Then, when Scout's teacher in grade one found out that Scout can read and when Scout got in trouble for that, she blamed Calpurnia. At that time, she was too young to understand that Calpurnia only tried to help her and teach her so she would be literate and know more useful things. Even though this seems like a negative relationship and seems as if though it can never get better, the relationsh... ...and teaching her how to be a girl. Scout knows that she won't be able to have all the freedom and fun that she's had up until now and this is why she feels so depressed when she sees her aunt sitting in the front porch. She also knows that Aunt Alexandra may have some bad influence on Scout's and Atticus's relationship because Atticus has a lot of respect for his sister and he never confronted her about anything. Scout is afraid because Atticus always takes his sister's side, it could effect the relationship Scout has with her father and that and this could bring them apart. Throughout the novel, Atticus repeats to Scout an Jem the importance of seeing things from another point of view in order to understand what the other person is feeling. The theme of childhood is also another important one. The story takes place over a period of years, and the reader takes part in the adventure of the child growing up in a small Southern town. To Kill A Mocking Bird is a fascinating story about a young girl who sees the town through her little innocent eyes, this novel is a must for everyone to read because it displays racial tensions that are throughout out the town especially the citizens.

Management Concepts Temasek Holdings Essay

1.0 Introduction Temasek Holdings is a large investment company based in Singapore. It is an active participator in the investment game, holding shares and investments in a broad range of industries all over the world. As with many companies all over the world, Temasek Holdings was affected strongly by the Global Financial Crisis, losing more than 30 per cent of the value of their portfolio (Schmermerhorn, J. Davidson, P. Poole, D. Simon, A. Woods, P & Chau, S.L. 2011). Temasek’s CEO Ho Ching has been criticised for the investment losses that occurred during the economic crisis, and must now lead the company through the increased turbulence that has been presented to them. In doing so, a potential issue that Temasek Holdings is currently facing is one of leadership. If correct management processes regarding leadership are not applied, the company could face even worse consequences. To ensure that leadership does not become an issue, Ho Ching must apply effective leadership techniques to Temasek Holdings. This report will investigate various leadership options, determining an adequate approach to leadership that will assist this company in being successful in the future. Two leadership models will be assessed in-depth. It is expected that both will assist the company in continuing in the long-term, however one option will be more suitable and beneficial to Temasek Holdings. 2.0 Literature Themes or Arguments As Temasek’s CEO has recently come under fire for her stability in leadership, it is apparent that a change must be made in the way the company is managed if they are to successfully remain with the same CEO. Leadership is fundamental in regular circumstances, but it is even more essential to the business through periods of instability, making it vitally important to the livelihood of the company to apply appropriate management procedures. It is impossible for a set of specific characteristics to define whether or not someone is a good leader, however some certain personal traits have been identified as being common among successful leaders: drive, self-confidence, creativity, cognitive ability, business knowledge, motivation, flexibility, honesty and integrity. (Schmermerhorn, J. Et al. 2011). Vision and power are also vital to good leadership; however all of these things are not achieved in the same way. Many different behavioural theories have been produced in an attempt to define good leadership styles. A widely used model of management is Fred Fiedler’s contingency model. Fiedler’s theory looks at matching various types of people to various situations, somewhat of an either/or concept. It is based on the fact that someone’s style of leadership is personality-based, thus making it difficult to change. Rather, the Fiedler model suggests putting people of specific leadership styles with situations that match that style, rather than trying to change their personal leadership style, to achieve success (Wang, Victor C X; Berger, Jim 2010, pg. 6). Fiedler classifies people into two leadership styles: relations-orientated and task-orientated. Relations-orientated people are defined as â€Å"a person who is motivated to seek prominence in interpersonal relations, who is concerned with good relations with others, who is considerate in his interaction with group members, and who tends to reduce anxiety and increase the personal adjustment of his co-workers,† (Hill, Walter. 1969, pg. 34) whereas a task-orientated person is characterised to be someone who â€Å"rejects those with whom he cannot work, and obtains need gratification and self-esteem from performance of the task. He is, therefore, concerned with performing the task and he is willing to relegate interpersonal relations to a secondary position† (Hill, Walter. 1969, pg. 35) Exhibit I (Hill, Walter. 1969, pg. 36) above shows how relations-oriented and task-oriented people are determined, through leader-member relationships, leader position power and task structure. It does this by determining how well a person interacts with people (relations) and how dedicated they are to tasks. According to Hill (1969), this model is effective and further tests done corroborate with Fiedler’s findings, making it an accurate model. Hill noted that there are so many variables that sometimes it is difficult to calculate the exact leadership style that is appropriate for someone; however it is useful as it helps to assign leaders to specific tasks and delegate how efficient leadership should be achieved. In regards to Temasek, it should be established what â€Å"type† of leader Ching is, and the company would need to work with that before any leadership goals should be established. Another common model is the Hersey-Blanchard Situational Leadership Theory (SLT). It is widely used in the business sector and was developed by Paul Hersey and Kenneth H. Blanchard. This model is based upon leaders adjusting their styles based on the maturity of their followers, which is indicated by the â€Å"readiness† (how able and willing or confident) of followers (Schmermerhorn, J. Et al. 2011). When maturity (psychologically and performance-wise) is reached, it means a reduction in support and guidance can occur, instilling a positive indication of trust and confidence. A manager must look at employees and evaluate how best to perform a certain task in a certain situation, and when the situation changes, the leadership style previously used may not be as successful in the new situation (Hambleton, Ronald K; Gumpert, Ray. 1982, pg 227). Again, leadership styles are defined as relationship-orientated and task-orientated, however in this model leadership styles are classified into four groups: delegating, participating, selling and telling. This model is beneficial to companies as it has various different types of stages based on top of the classification of relations-orientated and task-orientated leadership (Figure 1). It breaks down the two types further, into the four types above, thus making it easier to classify. Again, however, variables come into play, and it can be seen from various research that the SLT model does have its limitations. Goodson (1989) states that when further studies have been conducted on this model, the main classifier of groups (â€Å"maturity† or competence) makes almost no difference to the leadership style of a person (Goodson, Jane R; McGee, Gail W; Cashman, James F. 1989, pg. 446). Also, Goodson established that in these tests no actual measure of maturity and/or readiness was really possible when conducting research on the SLT model, making it difficult to say for certain whether the model can be effective. Furthermore, Blank (1990) makes further reference to the fact that there is little to no research supporting this model in his studies, saying that both basing the research on the main factor (maturity) as well as more complex methods, little support was found to corroborate with the main theorems of the model (Blank, Warren; Weitzel, John R; Green, Stephen G. 1990, pg. 579). false 3.0 Recommendations In the case of Temasek Holdings, it can be said that adopting a new leadership approach will be entirely beneficial for the company. No information is given as to what current leadership styles are used, but the amount of criticism being received currently illustrates that a change is needed. Of the two leadership theories discussed, it can be said that both have negative and positive points, as with any business directive. Fiedler’s model uses three determining factors: leader-member relationships, leader position power and task structure, to determine how a leadership style will work effectively. This is essentially beneficial to a business as it allows more than one factor to determine a leadership style, giving a more accurate description of what leadership style will fit a situation. This model was also corroborated with research conducted by Hill (1969) who conducted a study that demonstrated that Fiedler’s was almost always effective in the workplace. However, there were limitations in regards to variables. As every person is so different personality-wise there is a large number of variables, not all of which can be categorised. Because of this, some variables may be missed or excluded, but overall the final result does not change, making the model very effective. The second theory, Hersey-Blanchard’s SLT, uses maturity as the basis of calculating how a leadership style will be effective. This could be effective to some extent, however both Goodson (1989) and Blank (1990) argue that just one determining factor is not enough to warrant an effective model. The model is beneficial as it breaks down leadership styles into four obvious categories; the problem is determining which personality fits into these categories. No clear measure of maturity is possible, making it difficult to categorise leadership styles. Goodson (1989) also states that maturity and competence has no real effect on leadership styles. Looking at these results, it can be recommended that for Temasek Holdings to continue operating at a high level, the Fiedler model of contingency should be used as a model for assigning leadership tasks. Giving every leader in a business tasks based on their personality is advantageous as it means instead of the person working with something they are not specifically styled for, they are able to be fit with tasks that suit them. Overall, this will make a significant change both in employee satisfaction (workers are doing jobs that suit their personality style, thus making them more content) as well as production, as the leadership style they are assigned will work well for them. Models by Hill (1969) are further evidence that this model does indeed work, and that it can bring positive effects to Temasek in the future. If Temasek Holdings chooses to operate within this leadership model, criticism for the way the business is run will be lessened. Both in the short and long term this form of leadership will be beneficial to the company, affecting both large positions (for example, the CEO Ho Ching) as well as smaller managers within the company. The research shows that this is the best model for Temasek to use to bring it the most success in the future.

Experimental Psychology Essay

Remembering has to do with being able to recall information, being able to retrieve information kept in the log-term memory. Forgetting occurs when information that was encoded and kept in a person’s long-term memory is lost. This may occur gradually or spontaneously. Repeating or reviewing information reduces forgetting rates. Theories of forgetting include cue-dependent forgetting, organic, trace decay, interference theories and decay theory. Retroactive interference is when the past memory interferes with the later memory; Recalling depends on memory, retrieving the material that was learned. It is closely related to recognition, being in a position to spot any material that one has once encountered. It is thought that the rate of forgetting is highest soon after the learning task is over. This rate is believed to be the highest on the first day but even after the first two weeks, this rate is likely to be high still. However, if an individual persistently and consistently covers or carries out the similar activity after two weeks, there are low chances of forgetting. It is also thought to be easier to remember what someone has read than what the person has heard (Fred, 2002). Causes of Forgetting Forgetting is associated with retroactive interference in which case something new that has been learned usually affects something that was learned some time earlier. In this case, whatever is learned anew interferes with what was learned long ago. The other cause is interactive interference in which case the new and old knowledge tend to mix and interfere with any new learning that might take no place or recall of any new knowledge. Proactive interference happens when information learned earlier on interferes with the learning of any new knowledge. The last cause of forgetting is reactive interference which occurs when either positive or negative feelings or attitudes that a person holds for sometime prevent an individual from learning new information (Eric, 2004). Once material is learned, it is important that it be repeated to memorize fully. Most things that an individual does not intend to remember at first are easily forgotten. Memory and forgetting are closely related as they are all determined by what experience an individual goes through at a certain time. Techniques for Remembering The individual should emphasize on concentration. This means creating and sustaining attention while doing a certain activity. There should be no form of distraction, whatsoever to the individual. To concentrate effectively, a person is supposed to identify anything that will cause distraction while concentrating and try to eliminate or evade the distracting agent. This may be either internal or external interference. Internal distractions can be dealt with by writing down the distractions on a piece of a paper and dealing with them later. External distractions can be handled by avoiding them physically as they are in the environment. It is important to comprehend information as this could assist in the remembering process. Comprehending entails getting actively interested in what one is doing. Memory assists much in remembering what has been learned in a certain period of time. Memory can be improved by sharpening on what has already been learned. Memory is perfected through work with passage of time. Sufficient concentration on what is being done also helps to sharpen memory. It has been discovered that forgetting forms part of remembering. There exist some competing memories in human beings. For memory to function well, the brain has to actively block competing memories. The kind of forgetting that is induced is of great benefit as it assists to suppress the competing memories (Gresham, 2002). Writing Research Reports A research report is written aimed at giving people a chance to read the work you have done selectively. The paper will be read by various individuals; some of them are likely to be looking for just sections within that paper hence the report has to be organized in a sequence so as to give the potential readers an easy time looking for what they want in your paper. A research report is made up of various parts. However a standard research report is made up of such parts as highlighted below. Each of the sections of a research report is supposed to begin on a new page. Various articles, journals have different contents and others deviate from the normal way of writing a report. The following sections are however generally considered as being key and must be included in the form given below. Title page, then the abstract, the introduction is to be next followed by materials and methods used in the report. The results for the report project are to come next followed by a discussion basing on the results of the report. The literature cited is to come just after the discussion. Examples to illustrate what the report is about are to come afterwards. Some journals however tend to emphasize that a summary be included in the report just after the discussion. It is also possible that appendix having equations, calculations and formulas can be included in the report as other technical articles do. The above order is the standard order as the sections of the report are supposed to follow each other (McMillan, 1994). While writing a research report, it is important that paragraphs be used in separating major points. These should be in a logical order and present tense has to be used in describing what is already established. Past tense has to be used in giving results relating to your own specific experiments. The title page is supposed to have a relevant topic that will inform the reader what to expect in the report. This should have names as well as addresses related to the author together with the date when the report was handed in. The abstract is supposed to give a summary of what the study is all about, important conclusions from the study and this is to be brief, only a paragraph. It is to be written in past tense. The introduction is supposed to show why the study was carried out, how relevant the report is, how the aim of the experiment and the results relate to the thesis. It should not be as conclusive as the main body is to expound much. Methods and the materials give a documentation of main procedures in the study and this enables the other person reading your work to reproduce the work, if they so want to. It should be in past tense. Only information that is relevant to the intended party is included. In the results, an analysis has to be done and data presented as a table, graph or in narrative form, with the heading. It should be changed data. The relationship of sections within the converted data has to be described vividly. In the discussion part, the data is interpreted. Give a decision on whether your theory is supported or not. Make a relevant conclusion and explain if any modifications can be done to test your hypothesis. It is important to explain the observations very clearly and these should base on relevant principles. Any data that you generate ion your own has to be clearly distinguished from that gotten from a published material (Joyce, 2002). Give a clear decision on whether design supported the experimental hypothesis. Literature cited involves the material cited within the report, names of authors in alphabetical order. Here, only primary material is used. Where no references were used in the report, state so. References Eric, M. (2004). Educational Psychology. Washington: World ahead Publishers. Fred, R. (2002). Critical and Creative Thinking: Cases. New York: Prentice Hall. Gresham, P. (2002). Modern online auctioning. Ottawa: Heril. Joyce, J. (2002). How to Write a Research Paper. California: Cahners Publishers. McMillan, N. (1994). Paper writing in Biological Sciences (2nd edition). New Jersey: McGraw- Hill.

Does Food Causes cancer

Does Food Causes cancer Afifah AyubFinal Draft Expository Research PaperProf. Cherry12th November 2014Does Food Cause Cancer?Today we know that too much of a certain type of food can have harmful effects on our health and well being, and we are learning that diseases such as cancer, are caused in part by our dietary choices. In the last 15 years a connection between cancer and diet has been discovered. Cancer is a disease that begins when cells multiply without control and destroy healthy tissue. It is a disease that can endanger life and is the leading cause of death in many countries. Cancer strikes people of all ages, both male and female. It can start anywhere in the body and spread. Cancer kills thousands of people in the United States alone every year. According to the National Cancer Institute, over 30% of these deaths can be attributed to diet; this is the biggest percentage for cause of cancer compared to other factors.One of the main causes of cancer is food and diet. If food is the main cause of cancer, an average person can greatly lower his or her risk of getting cancer simply by changing his or her diet. But with all the healthy lifestyle campaigns and the increase in production of organic food, the world hardly experienced a decrease in percentage of cancer cases. There is disagreement on how food can cause cancer or might have the possibility to prevent cancer. The first issue is the consumption of meat that may lead to higher risk of having cancer. The second issue is the consumption of organic food that has been debated of having the ability to prevent cancer. The last issue is the role of coffee in causing cancer.The first issue is the intake of...

Reality creation and practice Essay Example | Topics and Well Written Essays - 4250 words

Reality creation and practice - Essay Example The social construction framework is useful to human service workers in the fields of family therapy and psychotherapy in that it allows practitioners to investigate and empower client’s creation of meaningful understandings of themselves and the wider world. The framework focuses on the key influences of sociocultural forces and the environmental context of human understanding, learning and accumulation of knowledge. Within family therapy this theory provides the therapist with a powerful ability to draw family members away from blaming each other for their behaviors, and placing these behaviors within a larger sociocultural context. For example, the Western values of independence, competition and profit contributing to the family to place pressure on their son to find gainful employment and to do better in life than what they have. In turn, the son has felt misunderstood, isolated and unable to achieve due to constant â€Å"failures† and has chosen to drop out of soci ety. Now living in a shelter, the son is attempting to find work, but constantly faces rejection, which is further inhibiting his self-esteem. His parents feel they are unable to help him, feel guilty for his poor upbringing and don’t have anyone to talk to. The framework is useful for the family therapist in this instance in that the family can be encouraged to exhibit agency within the therapeutic process, such as role playing each other as well as perceived ideals, and with their increased agency and autonomy be less dependant on the therapist to provide meaning for their experiences. The psychotherapist as well benefits from the use of the social construction framework in that theories such as Bandura’s self-efficacy model complement the concept of reality being constructed through human activity. Using social modeling of Bandura allows the personal counselor to empower their client by

Success in college Term Paper Example | Topics and Well Written Essays - 1250 words

Success in college - Term Paper Example As far as using the educational resources are concerned, I need to be apt with how these resources are made use of and what the best foot forward is when one thinks about the work representations. I can gain quite a lot if these educational resources are employed in a sound and positive way because this will mean that I am looking forward to receiving the best of education and academic intelligence which is needed in this day and age. This will also guarantee that I am aligned with how to make the best use of the changing technological facets which have come to the fore and which shall have a very strategic bearing on my growth and development over a period of time. For using the educational resources, I need to make the best use of my university library so that the hidden treasures within it are explored to the hilt. The articles, books and journals need to be discerned for finding out the very basics related with the respective subjects. This shall mean that I am doing my utmost to make sure that the wrong concepts and ideologies are taken care of in an appropriate way and any such apprehensions are also kept at bay within the thick of things (Hess, 2001). When one talks about the academic honesty dictum, I need to make sure that I remain one step ahead of the requirements which exist within the related fore. This can only happen if I know exactly how I will plan things accordingly and how I shall be able to reap rich dividends in the coming times. I would like to be head-on with the plagiarism policies which exist within an academic context. In order to be completely at par with the rules and policies, what I need to know is how I can make the best use of these academic principles, ethical considerations and the like so that I remain in line with the changing need dimensions of the time, more so when it concerns with the academic honesty discussions. Any university would dearly have an academic honesty policy that shall have implications for the plagiarism i ssues which come to the notice of all and sundry. These need to be avoided in order to bring upon success which is hidden beneath academic excellence. It is sound to know that in this day and age universities are undertaking efforts and initiatives to make sure that the dishonest students are removed from their realms because they add nuisance value to its lengths and breadths. Therefore all-out efforts should be in place to remain academically honest about one’s dealings and undertakings. From an educational perspective, it is always significant to know and find out what the long term and short term educational goals and objectives are. This means that these educational objectives need to be achieved over a period of time and proper concentration and attention must be paid towards the same. By this, I need to have clarity as far as comprehending how I can achieve success within the shortest possible time and what I need to do in order to bring out the best within my skills, abilities and competencies (McKenna, 2011). Indeed there would be a host of obstacles and difficulties which would stand in my way but what I must do under such circumstances is to make sure that I remain steadfast about my educational priorities and thus give my very best day in and day out. This shall allow me an understanding that I must always remain supreme as far as achieving my