Cottons Impact On The United States Before The Civil War Essays

Cotton's Impact on the United States Before the Civil War With the end of the War of 1812, few people in the United States envisioned a civil war in the future. With a developing Western section of the country, the future looked bright for a stable growing economy based on extraction of resources (agriculture, timber, and various resources in the ground). With the shipping resources of New England and financial centers in the North, agriculture and extraction of resources seemed to be the foundation to base the country's economy on. Within a short period of time, however, the North was beginning to industrialize while the Southern states stayed agrarian. A reason why the South did not industrialize was that cotton provided an economic system for the whole country that was as rewarding to the Southern farmers as to the Northern industrialists. An example of the Southern attitude toward the Northern way of life is illustrative. A white Alabaman during this period exclaimed, "We have no cities. We don't want them. We want no manufactures; we desire no trading, no mechanical or manufacturing classes. As long as we have our rice, our sugar, our tobacco, and our cotton, we can command wealth to purchase all we want." Factors that contributed to the economic system that this attitude was part of were: the sale of government land in the South, foreign and domestic demand for cotton, and the contrast between free and slave labor. Early Years of Cotton After the War of 1812, the U.S. government sold large amounts of land in what was the Southern territories of Alabama and Mississippi. Sales of government land in the two territories went from 27,000 acres in 1815 to almost 3 million acres in 1819. Many of the purchasers of the land were farmers from South Carolina and Georgia. These farmers looked forward to planting on previously uncultivated land. The land could take heavy cultivation before the output suffered. As an example, three acres of land could be bought for the same cost of the lime used to restore productivity on one acre of land in South Carolina. The crop the farmers planted on this land was cotton. The reason they planted cotton was that the price of cotton per pound surged from 14 cents before the War of 1812 to 21 cents in 1815 and to 29.5 cents in 1816. The high price was due to a heavy demand for raw cotton in Great Britain. In the 1830's and 1840's, over 80 percent of all cotton produced was e! xported. Of this, around 85 percent of all exported cotton went to Great Britain. Once the new lands had been prepared for and planted with cotton, the supply of raw cotton increased to help bring the price of cotton down to 12 cents a pound by 1824. An increase in domestic and foreign demand helped increase the price of cotton to 18 cents a pound by 1836. This caused another round of high levels of Western land sales. After 1836, the increased supply of cotton caused the price of cotton to go down to 6 cents a pound in 1844. By 1849 834 million pounds of cotton was being produced a year compared to 154 million pounds in 1816. The amount of cotton produced in 1849 would have been much less if the steamboat had not been in the West to transport the cotton. Even though the price of cotton was high in the early years, the cotton grower had challenges to making money. Between goods bought from the outside for the farmer's family and slave labor, the farmer managed a subsistence living. The steamboat provided a way for the farmer to make a living. Prior to the steamboat, goods purchased had to come over the Appalachians at a large premium. As an example, army garrisons in Illinois used flour costing $100 a barrel and pork $127 a barrel. This compares to $10 and $20 on the East Coast. The steamboat helped solve this problem by reducing the freight rates going to and from New Orleans. By the Civil War, freight rates upriver had dropped to 5 to 10 percent of what they were in 1815. The money saved on goods provided a margin that could be used for investment. The investment made by the farmers was in more land and slaves. By 1840, two-thirds of the cotton produced in the U.S. came from Tennessee, Alabama, and Mississippi up!

Free Essays on Poetry Comparison (donne And Shakespeare)

Poetry Comparison Essay From the beginning of time human kind has had the urge to communicate their feelings, emotions and thoughts whether it be in the form of speech, writing, dancing or singing. The complexity of man’s emotions forced him to express these feelings through writing. Poetry is the most common form of this expression. Brilliant poets such as John Donne and William Shakespeare expressed their thoughts and emotions in the form of sonnets. A sonnet is a lyrical form of poetry and is comprised of fourteen lines written in iambic pentameter. Their poetry is very similar in many ways but also have many contrasts’. This essay aims to compare and contrast the poems Holy Sonnet X by John Donne and William Shakespeare’s Sonnet 73. Shakespeare wrote his sonnets between 1593 and 1597. This was a time of â€Å"courtly love† where poets described their beloved in a perfect way. The Pertrachan sonnet, comprising of fourteen lines with two sections, an octave (8 lines) and a sestet (6 lines), was at its peak. Shakespeare diverged from this style of sonnet in form and subject matter. He preferred to write his sonnets in what is called an English sonnet (Shakespearean), comprising of fourteen lines with two quatrains (6 lines) and a couplet (2 lines) summarizing the poem. He also rejected the idea of portraying his beloved in a perfect way, most notably in Sonnet 18 ‘Shall I compare thee to a summer’s day’. Donne on the other hand rejected the Petrachan conventions completely in regards to subject matter, as Donne was obsessed with death. His sonnets however did take on the form of the Shakespearean sonnet. In the Sonnets being analysed they both have a common theme of death. Donne’s Holy Sonnet X deals with death and the fear of dying where as Shakespeare’s Sonnet 73 does not literally approach death but the metaphorical death of youth and passion. These topics suit the style of poetry because son... Free Essays on Poetry Comparison (donne And Shakespeare) Free Essays on Poetry Comparison (donne And Shakespeare) Poetry Comparison Essay From the beginning of time human kind has had the urge to communicate their feelings, emotions and thoughts whether it be in the form of speech, writing, dancing or singing. The complexity of man’s emotions forced him to express these feelings through writing. Poetry is the most common form of this expression. Brilliant poets such as John Donne and William Shakespeare expressed their thoughts and emotions in the form of sonnets. A sonnet is a lyrical form of poetry and is comprised of fourteen lines written in iambic pentameter. Their poetry is very similar in many ways but also have many contrasts’. This essay aims to compare and contrast the poems Holy Sonnet X by John Donne and William Shakespeare’s Sonnet 73. Shakespeare wrote his sonnets between 1593 and 1597. This was a time of â€Å"courtly love† where poets described their beloved in a perfect way. The Pertrachan sonnet, comprising of fourteen lines with two sections, an octave (8 lines) and a sestet (6 lines), was at its peak. Shakespeare diverged from this style of sonnet in form and subject matter. He preferred to write his sonnets in what is called an English sonnet (Shakespearean), comprising of fourteen lines with two quatrains (6 lines) and a couplet (2 lines) summarizing the poem. He also rejected the idea of portraying his beloved in a perfect way, most notably in Sonnet 18 ‘Shall I compare thee to a summer’s day’. Donne on the other hand rejected the Petrachan conventions completely in regards to subject matter, as Donne was obsessed with death. His sonnets however did take on the form of the Shakespearean sonnet. In the Sonnets being analysed they both have a common theme of death. Donne’s Holy Sonnet X deals with death and the fear of dying where as Shakespeare’s Sonnet 73 does not literally approach death but the metaphorical death of youth and passion. These topics suit the style of poetry because son...

Comparative Cultures- Anthropology- Coffee Essay

Comparative Cultures- Anthropology- Coffee - Essay Example Over the years, coffee has become a profitable tradable commodity and has had great success in most parts of the world. It is bought and sold by roasters, investors and price speculators due to its demand and value. The two main cultivated species are the Robusta coffee and the Arabica coffee. Most Arabica coffee beans originate from either Latin America, eastern Africa, Arabia or Asia. Robusta coffee beans are grown in western and central Africa, many parts of Asia, and to some extent in Brazil (Wasendorf, R, 2002; p 87). In the beverage market, Coffee holds an important place and makes a majority business in the market. Many millions of people rely on coffee for living and is a very labour-intensive culture in any region of the world. The coffee industry currently has a commodity chain that involves producers, middlemen exporters, importers, roasters, and retailers before reaching the consumer. Middlemen exporters purchase the coffee below market price, keeping a high percentage for them. Large coffee estates and plantations often export their own harvests or have direct arrangements with a transnational coffee processing or distributing company. Under either arrangement, large producers can sell at prices set by the New York Coffee Exchange. Roasters have the highest profit margin in the commodity chain. Large roasters normally sell pre-packaged coffee to large retailers. Coffee reaches the consumers through cafes and specialty stores selling coffee, of which, approximately, 30% are chains, and thr ough supermarkets and traditional retail chains. Supermarkets and traditional retail chains hold about 60% of market share and are the primary channel for both specialty coffee and non-specialty coffee. Twelve billion pounds of coffee is consumed around the globe annually, and the United States alone has over 130 million coffee drinkers. The export market for coffee has been reported to have flourished in the late nineteenth century

Policemen of the World Essay Example | Topics and Well Written Essays - 750 words - 1

Policemen of the World - Essay Example The following discussion shows how the U.S has been the Policemen of the World in the past. The U.S created a foreign policy after the Civil War. This policy dictates its relations with other foreign nations. America’s defense and security lies in foreign policy by furthering certain goals. The national policy puts the nation’s interest first (War and International Law, n.d., para. 2). The U.S invasion of Iraq after the 9/11 attacks on America is an example of the foreign policy in play. President Bush believed that by invading Iraq, the U.S would cripple Al-Qaeda and would lead to the capture of Osama Bin Laden. This move was criticised by many, citing America’s invasion as a neo-colonialism effort of the West in the East. However, back at home, the U.S key intention was to curb the imminent threat of terrorism on U.S soil posed by Al-Qaeda. Although this action took time, it culminated by the killing of Bin Laden, weakening the Al-Qaeda movement. Another example is the sanctions imposed on Russia and President Putin over Russia’s invasion of Ukraine. The U.S believes that the invasion violates the territorial integrity and sovereignty of Ukraine. The beliefs are in line with the foreign policy that identifies all nations as equals. A secure Ukraine and its good relations with its neighbours are in the best of interests of the U.S (Ukraine and Russia Sanctions, n.d., para. 5). The United States has risen to the position of world’s Super Policeman due to three aspects. Firstly, the strength of the U.S military and the economic stability of the nation have favoured this position. The U.S has the strength in terms of the war power and money necessary to fight wars and emerge victoriously in the end. The resources devoted to the U.S military goes to the strengthening its involvement in international incidents. The economic stability ensures that in any war fought; the U.S will emerge financially

Research Paper Essay Example | Topics and Well Written Essays - 1500 words - 5

Research Paper - Essay Example Pregnancy is a very divine thing which enables to any individual to start a family. The feeling of being a mother and carrying a child in the womb is very special. Apparently some women even consider it to be the best period or duration of their lives. When a woman experiences pregnancy, she tends to look after herself for the sake of her child. In this situation, she encounters various books in order to increase her parenting skills. When she goes through ads which discuss harmful effects of consuming alcohol, it strikes her mind. For some women, it becomes influential and they quit on such habits for the sake of her child, whereas some women do not bother at all and require more professional assistance than just print ads. These ads on their own are not that impactful at all but at times they acts as a catalyst to stop such acts. However, it has been scientifically studied in Danish study that if women drink about eight units per week of alcohol while she is pregnant, it would not have any obvious impact on children. The women who are going through the period of pregnancy should abstain from alcohol. It is said that the women who keeps on drinking alcohol or who drinks alcohol during herpregnancy stage can cause some serious diseases and defects such as brain damages and other birth defects to the child. For instance, the woman who does not quits on drinking and has a lot of intake of alcohol, mostly ends up giving birth to abnormal child. Addiction can be defined as the condition of being addicted to particular things."A 1996 review of the relation between maternal alcohol abuse during pregnancy and the resulting in utero damage to the child." (Spohr and Hans, 38) It is something that an individual faces difficulties when it comes to overcoming these problems. Therefore, advertising alcohols and different alcohol brands whether on billboards or television etc. it is not a suitable option for everyone. Women who are addicted to drinking and who might be facin g difficulties on quitting drinking alcohols might get more determined and encouraged of starting drinking again. However, that is not the case with every woman. "Additional legislation has been introduced but not passed that would require every  print  and broadcast  ad  to carry one of five rotated health warnings one of them is to AVOID ALCOHOL  DURING  PREGNANCY." (Hawkins, 570) if such laws are passed then many individuals will benefit. Women who plan to start a new family should be aware of the facts that how alcohol can damage her health and the child’s health which she has to carry in her womb for 9 months. Somehow, it is clear that advertising alcohols have some great effects on pregnant women, children, and young people. The print ads on billboards are just for mere selling products. Basically, just to make customers aware that they are in the market. Any individual glances at those print ads for mere 30 seconds to as long as 1 minute. Mostly, the print ads are definitely not as much effective because they do not in any way illustrate the hazards of drinking while pregnancy. It is merely a warning sign. Even after these print ads and so much promotion, they would not be able to get the

The Contemporary Issues In Hospitality Management

The Contemporary Issues In Hospitality Management Experiencing HRM issues in Hospitality: Whatever the choice of terminology or decisions on organisation, effective HRM and the successful implementation of personnel activities are essential ingredients for improved organisational performance. The smooth-running man or woman is an essential feature of any company and for some industries people are not just important but the key factor for successful performance. HR policies and practices have an important role in hospitality to play in facilitating the effective implementation of management processes. Hospitality Companies today face five critical business challenges: globalisation; profitability through growth; technology; intellectual capital; and change, change and more change. These challenges provide HR with an opportunity to play a leadership role in the development of new capabilities to meet the challenges. The five challenges present a new mandate for hospitality human resource management in order to help deliver organisational excellence in the following four way s:- It should become a partner with senior and line managers in strategy execution an expert in the way work is organised and executed to ensure costs are reduced and quality maintained a champion for employees, vigorously representing their concerns to senior management and working to increase employee contribution and commitment an agent of continuous transformation, shaping processes and a culture to improve an organisation 2.1 Training: One major area of the HRM function of particular relevance to the effective management and use of people is training and development. Staffs are a crucial, but expensive, resource in hospitality. In order to sustain economic and effective performance it is important to optimise the contribution of employees to the aims and goals of the organisation. Training is necessary to ensure an adequate supply of staff who are technically and socially competent, and capable of career advancement into specialist departments or management positions. There is, therefore, a continual need for the process of staff development, and training fulfils an important part of this process. Training should be viewed, therefore, as an integral part of the hospitality process. Because specially in hospitality industry new IT based training are getting famous irrespectively in hotels, airlines. Training benefits includes:- Improve performance which results in cost savings of HRM Improve productivity Improve quality of customer service Improve self esteem of employees Improve sense of job security Increase comrade and sense of team work among employees Increase higher morale among employees and Reduce employee turnover and absenteeism Reduce stress and tension of employees Reduce waste Reduce work conflict among employees In todays competitive business weather hospitality industry is facing new skill developing process in different way. Customers are now more concerned about quality service rather than just service. According to WTTC tourism hospitality industry supporting more than 258 million jobs worldwide and generating some 9.1% of global GDP. In 2008 UK Government  £112m fund for hospitality training reveals the importance of training. Travelodge welcome this fund from Government. Chrissie Herbert, director of HR at Travelodge, said: As we approach the 2012 Olympics we are in a skills race to ensure we have the number of people needed to match the demand. 2.2 Customer Care: After training customer care is the another big issue in hospitality industry now-a-days. It is important to remember that good customer care start with good staff care. Surveys reveals that people are happiest at their work when they feel valued and important, when they are involved in the business and feel knowledgeable about what is happening. In todays hospitality business customer care is the main concern where all businesses should focus on because customer expectations for quality are increasing, presenting the industry with a double edge sword; at the same time qualified labour is becoming harder to find and keep and this is a great challenge for HRM in any hospitality business. Thats why HRM in hospitality trying to get more effective result by training existing employees in several field in hospitality. Customers are demanding higher levels of service excellence. Linking this issue with seasonality, a common characterise of tourism enterprise , Baum and Hagen(1999,p130)wrote, the lack of sustained employment, which is characterise as seasonal operations, undermines the ability of operators to deliver quality, which the market place, increasingly, expects. Service remains key factor for hospitality but value for money is becoming increasingly important as recession looms, research has revealed in UK 2009 by Square Meal Restaurants Bars report, which surveyed more than 9,500 diners, found service remained a major gripe (44% of all complaints containing words such as over-priced, costly and poor value) for customers. 2.3 Stress in Hospitality: Work stress is now recognised as a major issue in the human resource management within the hospitality industry context. Service quality issues are beginning to assume major importance in the success of many operations. Interpersonal conflict and work stress responses associated with hospitality industry employee management conflict, together with approaches to service quality. In European Union countries, hospitality industry has been identified as one of those most stressful sector to work, with frequent contact with inebriated clients and customers. Exposure to violence and sexual harassment is sometimes viewed as being a regular occurrence and a part of the job in the sector. Stress factors in the hospitality industry include an intensive interface with customers; increasing customer demand for highly diversified and personalized services; tight requirements on timely delivery of services, especially in kitchens and restaurants; unclear roles in a customer-dominated environment; and lack of training for supervisors. These result in low control of employees over their work. The health status of workers in the hospitality industry is worse than that of the average population, especially concerning mental health. In hospitality there are different reasons for stress and they are: global competition, customer expectations and demand for highly diversified and personalized services, tight requirements on timely services, especially in kitchens and restaurants, unclear roles in a customer-dominated environment, and lack of training for supervisors, reducing in staff to reduce cost, lack of control over working situations, seasonal staff turnover etc. 2.4 Empowering the employees: Empowerment, formerly known as participative management, reduces employee turnover and increases customer satisfaction. High hospitality industry turnover is the result of poor employee selection, inadequate training and an over-abundant management staff. Empowering the staff makes them work better together as a team and leads them to provide a better quality of service. In a simple way, empowerment extend democratic approach from workforce which is very good for hospitality organisations because its not possible for hospitality managers to be everywhere every time, in those moment empowerment make employees more participative and delegate them towards job satisfaction. Empowerment was known as participative management, but the problem had always been that implementing the concept was much more difficult than talking about it. No one knew how to overcome this problem for the usual reasons that all concepts can fail that is, identifying the whos, whats, whens, wheres and hows of implementation. The hospitality industry today requires to examine the way to manage. Hospitality industry is plagued with turnover statistics that are way out of proportion and this situation has developed because of poor hiring practices, insufficient training and overstaffing in management ranks. Empowerment is a style, not an evolution. It is a philosophy that must originate from the top if it doesnt, it will fail. Empowerment flattens out the organizational chart naturally by eliminating the tiers of responsibility, replaces desire to establish accountability with results, allows hospitality industries to respond to the aspect of customers needs and complete satisfaction. HRM in hospitality industry must understand the economic benefits of employee empowerment. Employee empowerment makes each individual responsible for doing the job to the best of their ability which results in greater guest satisfaction, returning guests and lower employee turnover. Hiring the best person for the job and adequately training that individual will also lead to greater employee empowerment. Empowering management personnel requires altering the job so that management receives feedback on their management style from their staff as well as their supervisors. 2.5 Management Leadership in hospitality: Effective leadership is the number one factor that influences success in hospitality organization. Maintaining cultural identity, employment brand and employee satisfaction requires consistent and regular communication. Leadership skills include a strong focus on relationships, emotional intelligence, a track record of results and innovation, a focus on process and outcome, and the ability to give positive and constructive feedback. Also important is the ability to teach and coach others and provide recognition both formally and informally. Management and leadership style is a contemporary issues in todays hospitality business. There is a sentence Employees dont leave their jobs, they leave their managers. The reason for that is the style adopted by todays leaders are not always right and its a big issue. International Labour Organisation(ILO) said almost 600,000 employees a year leave hospitality managers in their droves, which leads hospitality industry average recruitment and initial training cost  £1,500, costs around  £886m as a whole. Labour turnover for the whole hospitality, leisure tourism and travel (HLTT) industry stands at 30%, although some employers within the hospitality industry alone report double or triple this figure. Yet, only 14% of employers feel their labour turnover is too high. HRM should be part of any pilot program to help leadership understand, anticipate and mitigate management problems in hospitality. When HRM has experience in participating in a virtual team, it lends credibility for HRM to fully participate and respond to problems as they arise. 3. Conclusion: It is known that, hospitality industry stands on employee performance. So, HRM department in hospitality now-a-days getting more and more challenge day by day because every business strategy of todays world more focused on service which is a crucial issue in hospitality field. HRM managers should emphasis on the need for professional approach and right leadership attitude to achieve goals and keep status. HRM in hospitality industry has grown with its impact and status because of huge number of hospitality industries increased globally. Only The British hospitality industry contribute  £46 billion to the UK economy and the core hospitality economy is estimated to directly contribute  £34 billion in tax revenue by creating 2.44 million jobs in the hospitality sector the 5th largest industry in the UK, and a further 1.2 million jobs are indirectly generated by hospitality which is around 8% of the total UK employment. This statistics proves that, the HRM has great responsibility to play a vital role in hospitality sector by adjusting with market needs and trends.

Privacy Rights :: essays research papers

Privacy Rights   Ã‚  Ã‚  Ã‚  Ã‚  The privacy of the individual is the most important right. Without privacy, the democratic system that we know would not exist. Privacy is one of the fundamental values on which our country was founded. There are exceptions to privacy rights that are created by the need for defense and security.   Ã‚  Ã‚  Ã‚  Ã‚  When our country was founded, privacy was not an issue. The villages then were small and close. Most people knew their neighbors and what was going on in the community. They did not have drunk drivers, terrorist, or any other threat of changing the way they lived. The transportation that most people had access to were horses. Today there are autos that can be fatal if not controlled. Speed limits and licenses are two examples. The government we have in place maintains and organizes our society.   Ã‚  Ã‚  Ã‚  Ã‚  The elements of control are often viewed as violations of privacy. These elements are meant to protect us from irresponsible people and from hurting themselves. The laws that are in place still give privacy without invading personal lives. Privacy is only violated when people feel they are being violated. Jonathan Franzen writes this example of his feelings about privacy.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"One of my neighbors in the apartment building across the street spends a lot of time at her mirror examining her pores, and I can see her doing it, just as she can undoubtedly see me sometimes. But our respective privacies remain intact as long as neither of us feels seen.† If people feel comfortable in their surroundings then privacy is not a concern. At other times, people feel violated when they are subject to random searches; this random factor is what other people consider wrong. People feel intruded on when they see a roadblock ahead or a request to see their driver’s license when writing checks. Others are interrupted at dinner by the phone ringing from telemarketers. This selling of information is what the Europeans call data protection. If the data is not kept private, things such as credit card numbers could be stolen over the phone.   Ã‚  Ã‚  Ã‚  Ã‚  The privacy in America will forever be changing as technology changes. Cell phones have been a factor in the way people communicates. Automobiles are equipped with TVs and mobile Internet. Privacy is increased, as people communicate less in person. People can spend an entire day in the car and have complete communication with others. Franzen also has this view about transportation.

Discuss the Major Outcomes of Financial Intermediation Essay

Financial Intermediation is referred to as an institution that acts as a ‘middleman’ per say between investors and firms raising funds (also known as financial institutions). These are firms such as chartered banks, insurance companies, investment dealers and pension funds. Matthews and Thompson (2008) pp.35–36 show that financial intermediaries can be established by four qualities: †¢ Their main category of liabilities (deposits) are specified for a fixed sum which is not related to the performance of a portfolio †¢ The deposits are typically short-term and of a much shorter term than their assets †¢ A high proportion of their liabilities are chequeable (can be withdrawn on demand) †¢ Their liabilities and assets are largely not transferable. There are exceptions such as certificates of deposit and securitisation (see Chapter 6 of this subject guide). Financial Intermediaries have a huge effect on the economy. Without such institutions firms may be unable to fund their day-to-day business activities which will put a lot of pressure on these said activities and may reduce production as a whole. If this happens it will have negative effects on the economy and may lead to a recession (depending on how big the firm is). An example of this can be taken from the beginning of the recession we have recently experienced which began in roughly 2007 ‘Credit Crunch’. The financial intermediaries in this case banks, were accepting most mortgage applications without thoroughly checking that the consumer could re-pay the funds. This act led to a huge negative outcome. It is important to distinguish between banks as financial intermediaries (who accept deposits and make loans directly to borrowers) and non-bank financial intermediaries who lend via the purchase of securities. The latter category includes insurance companies, pension funds and investment trusts who purchase securities, thus providing capital indirectly rather than making loans The passing of bad loans to individuals that are unable to pay will lead to damaging outcomes for the economy. If there is a substantial loan an individual has to pay off and their interest rate is ridiculously high, it will cause them to stop spending, leading to falls in other aspects of the market. On the other hand, financial intermediaries provide loans more freely than any other direct finance and they also provide a means to fund large operations of which a potential upcoming firm cannot fund from its personal capital. The dominance over direct finance is due to transaction costs (Benston and Smith, 1976), liquidity insurance (Diamond and Dybvig, 1983)and information sharing. As the transaction costs are likely to be less via such intermediaries they are a preffered financing method. Actions of financial intermediaries can have both positive and negative outcomes on the economy as they play a major role in the funding of all businesses. Without such intermediations the GDP of, say, the United Kingdom would decrease significantly as production would be reduced due to the lack of finances. References Financial Intermediation: NewYorkFed (Unknown) Hedge Funds, Financial Intermediation, and Systemic Ris, [Online] newyorkfed Available http://www.newyorkfed.org/research/epr/07v13n3/0712kamb.pdf Bhattacharya, S. and A.V. Thakor ‘Contemporary banking theory’, Journal of Financial Intermediation, 3(1) 1993, pp.2–50; Sections 1, 2, and 7 Diamond, D.W. ‘Financial intermediation as delegated monitoring: A simple example’, Federal Reserve Bank of Richmond Economic Quarterly, 82(3) 1996, pp.51–66 Saunders and Cornett (2006) Chapter 1, pp.2–10, 15–21 Matthews and Thompson (2008) Chapter 3

End User Example

End User Example End User – Term Paper Example Managerial End User Responsibilities in Information Systems Your First Your middle initial, Your of here Managerial End User Responsibilities in Information Systems In order to better understand a manger’s responsibilities in information systems, first let’s briefly define the role of a manger in general. A manager’s role is to help build the company. Building a company in reference to the role of a manager means bringing on staff, presenting an organized structure for the staff and overseeing and directing the organized structure. The staff is very important in the structure and building of a company. The staff looks to the manager for direction in all aspects of the business. The staff is the end user in any new technology or programs implemented in the business. The staff’s understanding of new technology or programs implemented depends heavily on the direction of the manager. The responsibility of a manager exemplified in the final outcome of end user information systems is through implementing a system of successful learning. End User Satisfaction (EUS) is critical to successful information systems implementation (Au, Ngai, Cheng 2008) In several studies there has been a proven decline in performance and quality of work when new information systems are implemented. This is due to end users having to learn a new system yet produce if not more the same amount of work. The time and training for learning a system can become costly. To responsibly put this new system into effect a manager should first consider before purchasing the system what’s the ratio of user control to the controlling of the user. In other words better user control would be more adaptable in the end user learning the system than the system controlling the user. The systems are usually developed by designers who don’t know the specific needs of the user. So user control is very important. Also forming focused training sessions instead of individual â€Å"trying to figure it out with the instructions† would be cost effective. A follow through would incorporate weekly or monthly checks.ReferencesAu, N.; Ngai, E. W. T.; and Cheng, T. C. E.. 2008. "Extending the Understanding of End User Information Systems Satisfaction Formation: An Equitable Needs Fulfillment Model Approach," MIS Quarterly, (32: 1).

Foolish Love Essays - Frankie Laine Discography, Startup Cult

Foolish Love Essays - Frankie Laine Discography, Startup Cult Foolish Love Foolish Love Throughout my life I have behaved in many of foolish ways due to the emotion called love. Love is something I used to dream about as a child and have grown to fear as an adult. Every person feels differently about love, but because of David I hurt my parents, my self-esteem and ability to trust people. At the age of fourteen, I was not concerned with my parents feelings. I did exactly the opposite of what they told me to do and did not think about the consequences. When they found out I was dating a guy five years older than me they tried to prohibit me from seeing him again. I was in love so I made it possible to see David every time he wanted to see me. I would get my parents to drop me off somewhere like the movies or putt-putt and he would pick me up after they had left. I would sneak out of my bedroom window and meet David down the road. I did not care if my parents found out, all that mattered to me was seeing David. I blamed everything that went wrong in my life on them. If David did not call me one night, I would accuse them of taking the phone off the hook. If David was rude to me, I would claim it was because he knew they did not like him. I would do anything to ignore the fact that David did not love me. It took a while for my parents to forgive me. I can only imagine what I put them through. I just wanted to be loved by David so deeply, I hurt the people who actually loved me the most. Not only did I hurt my parents, I hurt my self-esteem to. I would constantly criticize myself by thinking the reason David left me was because I was not pretty enough for him. In my mind David was perfect and I was nothing without him. I blamed myself for being so young and immature when all along it was David who was the immature one. He would often make jokes about my age as if it was my fault that I was younger than him. I would lock myself in my bedroom and not see or talk to anybody for days at a time. Eventually, I realized David was not worth all this pain and moved on with my life but the scars will always be with me. For me to learn to trust again has been the hardest issue of all. I had all the trust in the world in David and he let me down. Everything he said to me was a lie. When he said he loved me, I believed him. When he said he would never leave me, I thought he really meant it. I find it difficult to be in other relationships because I am constantly wondering if they are being truthful. I broke up with my last boyfriend because he claimed he loved me and I felt like I barely knew him. I have come to the conclusion that I am scared to trust because I am scared of love. I do not want to get hurt again, so I keep my distance from anything that could cause me pain or disappointment. Love has caused me to hurt my parents, and my self-esteem and ability to trust people. I have heard people say love is the best feeling in the world. I think I will just take their word and not chance it right now. I still have a lot of healing to do before I am fully ready to commit myself to anyone else. Jenny Hobby English 101 12:00-12:50 Foolish Love February 4, 1999

Managed Care Essay Example | Topics and Well Written Essays - 750 words

Managed Care - Essay Example In other words, managed care organizations mean two things: health insurance and delivery health care at relatively low rates. There are different types of managed care organizations. Some of them are as following: 1. Health Maintenance Organization (HMO): This is tipped as the first form of managed care. HMOs refer to organization wherein insuranceplans, hospitals and physicians are either closely related or are a part of the same organization. An important example of HMO is Permanente. An HMO has completely charge of the hospital including the salaries paid to the doctors In case of emergency, patients using the HMO plan have to use the plan affiliated care provider. The biggest advantage of the HMO plan is that it offers a fixed amount of money that can be spent on the patient. This in its own restricts the patients and physicians and they tend to opt for the most cost effective treatment or drug. Thus, one ends up paying less for an HMO plan compared to the rest. The biggest disa dvantage also emanates from its biggest advantage. HMO plans tend to focus more on cost control then the quality of care. 2. Fee-for-Service or FFS: This type of plan gives a lot of liberty to the patient. It gives them the freedom to choose their preferred doctor or health care provider. Physicians then get the fee for each and every service including the visit, the procedure and the tests. However, here freedom does not trump cost. Patients opting for this type of plan end up paying more. 3. Independent Practice Association, or IPA: In this kind of association, physicians are completely empowered. They can have patient from the HMO and FFS plans. 4. Preferred Provider Organization, or PPO: In this type of plan, the rates are low but physicians get more patients to deal with. This kind of plan works both ways. Patients not just get better care and freedom but they also get it at lower rates. On the other hand physicans get more business. Both sides benefit in this type of plan. 5. Point of Service Plans, or POS. This type of plan resembles the HMO plan in many ways. Here the doctors do not have to work in specific hospitals. They tend to receive compensations based on the number of patients they are handling per year. It is per patient per year compensation. References Managed Care Magazine (2000). Capitation Rates See Large Boost. Retrieved on July 26, 2010 from http://www.managedcaremag.com/archives/0012/0012.compmon.html. Managed Care Magazine (2000). Capitation: an update. Retrieved on July 26, 2010 from http://www.managedcaremag.com/archives/0005/0005.compmon.html. Managed Care Magazine (2000). Physician Financial Incentives: Another UM Tool Bites the Dust. Retrieved on J

Little bee Essay Example | Topics and Well Written Essays - 750 words

Little bee - Essay Example No matter what journey you take it not where you end and what you achieve but what is more important is how you have been able to succeed it; if you have succeed it and if not then it also makes you realize that what have you done to fail it. The path of the journey is more important than the meaning of the journey. It takes minutes, hours, days, weeks, months and even years to reach to the destination but the end it only for a moment; in which you discover the purpose and outcome of the journey; but what is remembered most is how it was conducted; what strategies where made; what personal and professional factors were kept in mind to ensure that we reach to the best outcome. All journey’s taken have a purpose and an aim to achieve; some want to prove that they are strong; some wants to prove that they need help; some wants a break and other are just travelling. All these purposes add up to the different aspect of a human life and personality. Adventurous trips are a reflection of loud nature; where people would put the purpose of the journey above all; even their lives. They are well aware of the fact that how dangerous it can be and no matter how amount of preventive measures are taken they might face the wrath of God. On the other side religious trips is the reflection of subtle nature; where people would want to explore peace and patience and would want to find a way where they can eliminate the world’s pleasure and sacrifice their wishes to achieve the happiness and acceptance of God. People travel miles from the corner of the world to be at the house of God. There are few journey that you take and you know that you are going to take them; you are well prepared all things are in place; everyone around are also involved in making it a better experience; but there are some journey that are not expected like the journey of LIFE. One is never prepared for the unexpected events and the turns that it will take during the course; what moment are