Collapse Of The Weimar Republic Essays - Politics Of Germany

Collapse Of The Weimar Republic On 2 August 1934, President Hindenburg died. Within an hour of his death Hitler announced that the offices of chancellor and president were to be combined and that he was the new head of state. Hitlers adolescent dream of becoming Fuhrer of the German people had been realized President Hindenburgs death marked the official end of the Weimar Republic, a democratic experiment that had lasted since 1918. The causes of the dissolution of the Republic are wide ranging and numerous, as was explained in the articles of both Richard Bessel, and John McKenzie. The two authors agree on the sequence of events which led to the dissolution of the Republic, however, they disagree on what exactly caused the transition from Weimar to the Third Reich. The authors disagreement stem from a differing view of the fundamental cause, political structure versus political leadership. Richard Bessels article stresses the political structure of Weimar Germany as the cause of its failure. Its structure was flawed in numerous ways, all of which contributed to its inevitable failure. First of all, the problems within Germany due to the First World War were massive. This caused economic, political and social problems which first had to be dealt with by the new Weimar government. The loss of the war had left Germany with huge reparations to pay, and massive destruction to repair. In order to gain the capital needed to finance efforts to rebuild, and repay the Allies, the economy had to be brought back to its prewar levels. This was not an easy task. 7 Roughly 2.7 million German soldiers returned from the First World War with some sort of permanent disability, and in 1923 the Reich Labour Ministry estimated the number of war widows at 533,000 and of war orphans at 1,192,000the scale of the problem may be judged from the fact that during the mid-1920s nearly one third of the funds at the disposal of the Reich government were swallowed up by pension costs. This alone was a major economic hurdle to overcome. With the amount of money being demanded by the Allies in reparation payments, and the pension costs of the war victims, there was little left to finance rebuilding initiatives, and to get the country back on its feet in general. These economic problems were worsened by the very weak currency, and loss of many international trading partners. The people of Germany did not at the time realize that the country was as poor as it was, and expected the situation to revert to what it had been like previous to the war. Unfortunately this was not possible. The Left wing government had gained power quite unexpectedly, and was not prepared to deal with the problems the country was facing. Many of the political elites had relinquished power, and backed out of the new left government, taking with them their leadership, experience and support. The Left gaining power was perhaps less the consequence of a triumph of the Left, than a colossal failure of elite politics in Germany. This compromise made it difficult for the Left wing government to function. The people were in no means ready for a Bolshevik style revolution, or even left wing reforms for that matter. The left gained power because there was no one else to take control. This presented a problem, in that there was no strong leadership of the left. The government was never quite legitimate in the eyes of the public. As well, in the formation of the constitution of the new Weimar republic, there was such an emphasis on it being democratic, that it ended up being so democratic that it was very difficult for legislation to be passed. All the balances and counter-balances proved to stall proposed bills before they got anywhere. This caused a vicious cycle in which not legislation was being passed. The inability of the Reichstag to pass any legislation forced President Hindenburg to enact Article 48 of the constitution numerous times to the dismay of the people and the parties. Article 48 allowed law to be passed by only presidential decree, effectively bypassing all debate over it. This ended democratic politics, and started the Weimar Republic on a road to dissolution.

The Code of Justinian (Codex Justinianus)

The Code of Justinian (Codex Justinianus) The Code of Justinian (in Latin, Codex Justinianus) is a substantial collection of laws compiled under the sponsorship of Justinian I, ruler of the Byzantine Empire. Although the laws passed during Justinians reign would be included, the Codex was not a completely new legal code, but an aggregation of existing laws, portions of the historic opinions of great Roman legal experts, and an outline of law in general. Work began on the Code shortly after Justinian took the throne in 527. While much of it was completed by the mid-530s, because the Code included new laws, parts of it were regularly revised to include those new laws, up until 565. There were four books that comprised the Code: Codex Constitutionum, the Digesta, the Institutiones and the Novellae Constitutiones Post Codicem. The Codex Constitutionum The Codex Constitutionum was the first book to be compiled. In the first few months of Justinians reign, he appointed a commission of ten jurists to review all the laws, rulings and decrees issued by the emperors. They reconciled contradictions, weeded out obsolete laws, and adapted archaic laws to their contemporary circumstances. In 529 the results of their efforts were published in 10 volumes and disseminated throughout the empire. All imperial laws not contained in the Codex Constitutionum were repealed. In 534 a revised codex was issued that incorporated the legislation Justinian had passed in the first seven years of his reign. This Codex Repetitae Praelectionis was comprised of 12 volumes. The  Digesta The Digesta (also known as the Pandectae) was begun in 530 under the direction of Tribonian, an esteemed jurist appointed by the emperor. Tribonian created a commission of 16 attorneys who combed through the writings of every recognized legal expert in imperial history. They culled whatever they though was of legal value and selected one extract (and occasionally two) on each legal point. They then combined them into an immense collection of 50 volumes, subdivided into segments according to subject. The resulting work was published in 533. Any juridical statement that wasnt included in the Digesta was not considered binding, and in future it would no longer be a valid basis for legal citation. The  Institutiones When Tribonian (along with his commission) had finished the Digesta, he turned his attention to the Institutiones. Pulled together and published in about a year, the Institutiones was a basic textbook for beginning law students. It was based on earlier texts, including some by the great Roman jurist Gaius, and provided a general outline of legal institutions. The  Novellae Constitutiones Post Codicem After the revised Codex was published in 534, the last publication, the Novellae Constitutiones Post Codicem was issued. Known simply as the Novels in English, this publication was a collection of the new laws the emperor had issued himself. It was reissued regularly until Justinians death. With the exception of the Novels, which were almost all written in Greek, the Code of Justinian was published in Latin. The Novels also had Latin translations for the western provinces of the empire. The Code of Justinian would be highly influential through much of the Middle Ages, not only with the Emperors of Eastern Rome, but with the rest of Europe.   Resources and Further Reading Grapel, William.  The Institutes of Justinian: with the Novel as to Successions. Lawbook Exchange, Ltd., 2010.Mears, T. Lambert, et al.  Analysis of M. Ortolans Institutes of Justinian, Including the History and Generalization of Roman Law. Lawbook Exchange, 2008.

Strategies for internationalisation of Aditya Birla Group (ABG) Assignment

Strategies for internationalisation of Aditya Birla Group (ABG) - Assignment Example International business helps an organisation to develop its growth strategy.This in turn helps to acquire a better product life cycle.It is recognised that at times a company’s products do not receive desired attention in its home nation, however, there are significant demands of them in other nations. International business operations provide certain pertinent benefits to an organisation such as scope to incorporate advanced technologies, increase investment opportunities, and make product or service expansion among others which in turn can provide greater returns than operating in home markets (Wall & et. al., 2009). Aditya Birla Group is a multinational Indian company headquartered in Mumbai, India. Aditya Birla Group is a US$40 billion organisation and it is part of Fortune 500 companies recognised by Fortune magazine. In Aditya Birla Group, more than 136,000 employees are competently working as of the year 2012. The Group was ranked in 1st position, in a survey related to ‘Top Companies For Leaders’, in Asia Pacific in the year 2011. This survey is mainly conducted for studying the organisational leadership. The organisation earns more than 53 percent of revenue from operations in abroad. The Group has been operating in 36 countries which comprise Canada, Australia, Brazil, China, Germany, France, Japan and Russia among others. In its home business destination i.e. India the Group is recognised as a leading name in mobile telephone sector, life insurance as well as asset management, supermarket chains and branded apparel among others. In its global operations, the Group is renowned as one of the biggest aluminium and copper producers, carbon black and Viscose staple fibre producers among others (Aditya Birla Management Corporation Pvt. Ltd., 2012). In this paper, the internationalisation strategies of Aditya Birla Group will be recognised as well as a critical analysis of the adopted strategies would be conducted. Moreover, certain reco mmendations related to future strategic direction of the company will be made in order to sustain its competitive advantage. Strategies for Internationalisation of Aditya Birla Group (ABG) There are several strategies that are adopted by the ABG for internationalisation of the business. Acquisition Strategy Aditya Birla Group is well renowned for its business acquisition strategy in the global market. The product as well as service portfolio of ABG includes cement, fertilizers, chemical and financial services among others. Acquisition is the process of buying a company’s most of the stakes with the purpose of getting the ownership of the company (Kazmi, 2008). The corporate strategies prepared for internationalisation of ABG has been focused on expansion of the business with the help of acquisition as well as internationalisation of new business by acquisition. ABG prepares strategies for acquisition of major companies related to their most preferable sectors such as mining. ABG adopted this strategy as an aggressive action towards the internalisation of the business. As a part of this strategy, ABG had signed an accord to acquire the assets of Terrace Bay Pulp Mill in the region of North America. According to statement made by the Chairman of ABG, Mr. Kumar Mangalam Birla â€Å"The acquisition of the Terrace Bay Mill and its subsequent conversion into a dissolving grade pulp mill is a major strategic move† (Aditya Birla Management Corporation Pvt. Ltd., 2012).This move has been especially useful for attaining global leadership. In Canada, Novelis Inc., a leading corporation related to aluminium rolled products was acquired by an ABG’

Legal theory- law is, by its nature, a moral enterprise discuss Essay

Legal theory- law is, by its nature, a moral enterprise discuss - Essay Example The value system their codes represent, although enforced by the elite or recognised by the mainstream, are all quite frequently untruthful.2 We thus admire individuals who, for the sake of morality, have endangered their lives in defiance. Inopportunely, a good deal of what they declare in their own justification is difficult to believe. The idea of Aquinas of higher law can function as a point of comparison. He argued that the process of promulgation is fundamental to law, that a law not disseminated by a source is impossible.3 This means that a higher law has a source, which is its promulgator. This particular promulgator cannot be simply a mortal—not if the law under consideration is better and greater than all codes transmitted by humans.4 God is the promulgator, the law He disseminates perpetual. The natural law, which takes part in the timeless law, is a thing that can be understood by mortals naturally.5Therefore, law is naturally moral. When laws bestow guardianship of minor children to the parent who shows the most potential to further the wellbeing and security of the child, extradite those accused of moral turpitude, they obviously oblige judges to resolve cases morally throughout their legal decision makings.6 Similarly, when constitutions oblige judges to re-examine laws to discern whether they give the procedure that is due individuals, respect the rights of citizens to free speech, freedom from unjustified searches and arrests, freedom to exercise any religion, and others, they oblige judges to make legal decisions founded on moral codes.7 Likewise, once the common law raises tort accountability on whether a person behaved rationally, or once law defends what would otherwise be unlawful behaviour by symmetry of evils justification, judges should resolve cases morally in order to reach legal resolutions.8 Such clear integration of morality by the evident law raises issues for some

Week 5 discusison and participation questions Essay

Week 5 discusison and participation questions - Essay Example The cycles differ in methodology, time requirements, documentation requisites, man hours needed, and complexity. The accounts payable account is very important because most acquisition and payment transactions go through that account. Due to the fact that the accounts payable account is usually material auditors often have to use extensive analytical procedures and tests of details of balances. Accounts payables can be defined as unpaid obligations for goods and services. The methodology to perform an audit of accounts payables is illustrated in the following steps: It is amazing how accurate and reliable independent audits of financial statements are. There are tens of thousands of audits performed yearly on public companies and auditors accurately determine when any material misstatement or fraudulent activity occurs. Two analytical procedures that can be used to compare data and information from the financial statements is vertical and horizontal analysis. The use of statistical models can help auditors determine the audit risk very accurately. Material misstatements can be identified accurately by the auditors when they have the full honest cooperation of the accounting and managerial staff. Your assessment of the importance of test controls is very accurate. If an auditor determines that the managerial staff established good internal controls the auditor has a better audit trail to follow. Substantive test are critical for auditors to determine whether a company is subject to audit risks. If a company has internal weaknesses within the accounting department substantive tests can detect these types of accounting anomalies. It is true that auditors often assumed that if the internal controls of the company are strong the risk of fraudulent behavior is lower. The ability of auditors to identify risks and ways to fix those risks to improve the efficiency of an operation is a value added proposition of auditing work. Substantive

Unemployment Inflation in the U.S

Unemployment Inflation in the U.S Unemployment rate is known to be one of the most vital economic indicators to represent a particular countrys economic performance usually formulated by the Bureau of Labour Statistics (BLS). While looking at United States unemployment rate, it has been ranging from 4.7 till 10.1 percent. Economists realize that unemployment is a serious problem, as it not only withdraws consumption patterns but also occurs at an opportunity cost of the goods and services that could have been produced. In addition, persistent unemployment can result in a pool of psychological and social welfare costs such as; suicides, depression, divorces etc. In order to understand how unemployment has affected the U.S economy, it is essential to know how unemployment is measured initially and what causes it. Measuring Unemployment Firstly, a monthly Employment Report is generated by the U.S government which is constituted of two surveys. The first being the Establishment Report and the second being the Current Population Survey. The Establishment Report inquires how many workers are being paid regularly from a sample of employers while the CPS, inquires a pool of 60,000 households about any of them trying to seek work or are working currently. When the result is finalized, it helps the BLS to analyse how many Americans are employed and how many are not. It is categorized into six different measures namely; When a person is out of job for 15 weeks or more. When a worker has finished a temporary job or has been sacked. Formulating official unemployment rate by evaluating the proportion of the labour force from the total unemployed. Measuring the total unemployment rate by adding up (3) and the portion of workers who have given up looking for a job (discouraged). Summing up the answers to (4) and adding a portion of workers who are interested to work but have not started looking for it. Summation of all the above results from 3-5 onwards with those workers who are keen to work full-time but cannot. Reasons of Unemployment In general economics, unemployment can be reasoned to occur for a number of economic factors. However, while generalizing it only to the U.S economy, unemployment is caused by either frictional, structural or cyclical reasons. Frictional Unemployment: Such type of unemployment is generated from the transitions in the workforce that are often caused when workers try to shift in between jobs in order to get a higher salary or because they gave shifted to a particular location. It can also be caused when employers hold back themselves from appointing of sacking workers for in economic reasons. Structural Unemployment: When a mismatch is created due to geographical, demographical or industrial reasons; structural unemployment is caused. Usually, it can be caused in areas where there is a lot of technical advancement but the workers lack the technical expertise to carry out their jobs. Such progress in technology is usually a great cost to the economy. In the U.S, the newspaper industry has faced a loss of jobs for reporters, content editors and so on as the online world has taken over the industry in the form of web-based advertising. Cyclical Unemployment: Keynesian economics states that cyclical unemployment is the effect of booms in the business cycles. Moreover, recession trends lead to lesser workers being recruited thus, rising the unemployment rate. Cyclical unemployment occurs when there is not enough demand for goods and services in the economy at large to provide jobs for everyone who wants one. Basically, it is triggered when consumers have less money at hand to spend money on commodities. This in turn causes companies to lay off their workers due to less demand. Measures to curb the unemployment rate After a specific range, the federal U.S government steps into the scene and tries to create jobs in order to avoid the unemployment rate to persist over a long period of time. The government usually does this via the monetary policy of fiscal policy approach. Monetary Policy: The Federal Reserve Bank of U.S is responsible for controlling the monetary policy. The bank is an independent entity that has the key to manage the money supply within the country. Two tools are used accordingly to the economic situation. The first tool adopted is to lower the interest rates. In this way, it is less costly for banks and companies to borrow money as the cost of borrowing is lowered. Governments do this with an aim to stimulate investment spending and expansion of businesses. This results in increased employment and economic vitality. The second tool is to increase the money available to households and businesses. In this way, more money will increase employment and stimulate business expansion. Fiscal Policy: In case the expansionary monetary policy is not enough to curb the unemployment effect, various fiscal policies are adopted to fight the high rates of unemployment. Governments can adopt many techniques to do this. They can: Reduce taxes for encouraging households and businesses to spend. Increase government spending to increase employment rates. Provision of unemployment benefits in order to help them with their basic needs. Recruit workers who have the skills to build things like mass transit systems and who have the skills to cater services such as upgrading and repairing complex infrastructures. (Debt.org, n.d.) Inflation is generally termed as the persistent rise in the general price level of good and services. It can be caused due to three main reasons in the U.S: Demand Pull Inflation: This type of inflation is mainly caused when too much demand is chasing too few goods. A progressing economy just like the U.S; can result in inflation as people start consuming more and more. Growing economies like the U.S can face persistent inflation as people spend more and are optimistic about the future. This can trigger economic growth but after a certain time can be dangerous. Fiscal policies that are discretionary in nature can instigates demand-pull inflation. The government does this by increasing their federal spending and decreasing tax rates which in turn causes an up rise in the demand schedule. For instance, Apple Inc. charges high prices for its products. Cost-Push Inflation: Such type of inflation occurs mainly due to high costs chasing prices. It is caused when supply is low. Wage inflation can trigger cost-push inflation as it is instigated by a good formed labor union. Moreover, when natural calamities occur they can also cause such type of inflation as infrastructure is destroyed such as that what happened in Hurricane Katrina in the U.S. For instance, excessive fishing in the U.S causes a reduction in supply for seafood, thus increasing its price. Another reason can also be flexibility of U.S exchange rate that leads to import-push inflation. Money-Supply Inflation: Excess expansion of money supply can also lead to inflation. Money in general means both cash and credit. Whenever U.S households find loan cheap, there will be a lot of money and too few goods thus in return; increasing inflation. Monetary Fiscal Policies in U.S Monetary policy is referred to the deliberate manipulation of national currency which is set by the U.S Federal Reserve. Monetary policy is a tool which is used to control the value of currency; in this case the dollar, in the open market. In the U.S a contractionary monetary policy can be of great use to stabilize the price level and curb the inflation rate. The main aim of the policy is to decrease the level of inflation in the level. The U.S government does this by decreasing government spending or by increasing interest rates. This results in a stable economy. Furthermore; this affects the consumption schedule which equalizes the price level. However, the same policy has many negative side effects to it. Contractionary monetary policy causes production to slow down as it gets tightened over the years. Businesses might shut down their production which reduces the demand of commodities thus creating a recession. In addition to this, unemployment rises as firms hire less workers with less production. (Monetary Policy) On the other hand Fiscal Policy is referred to the adjustment of consuming spending patterns including that of tax. (Explain Fiscal Policy) The main benefits of this policy that it caters is that once implied it immediately takes it role in the economy. Secondly, in case the U.S economy is in recession, a fiscal policy can be implemented to trigger a rise in aggregate demand. Thirdly, it is specific in nature which means that it defines its role in advance. For instance, federal spending on either schools, infrastructure or medical facilities. However, it can have its own cons such as being inflexible. Social and political constraints can cause fiscal policies to lag behind in its implementation period. (Fiscal Policies Pros Cons) Economic Growth Reforms in the U.S Economic growth refers to the amount of prosperity a country enjoys over a period of time. It is an indicator of the growth in the economy. For instance, in the U.S, the economic growth rate is around 2 to 5 percent. As the U.S is a fast paced economy, such rates persist over long periods of time and are seen pretty well. (Economic Growth) Many policies and reforms have been formed to promote economic growth. One such reform is the President Obama Strategy for American Innovation. The main idea of this reform is the provision of a system that caters to ensure that the American economy prospers. Moreover, this reform also has the aim to generate quality jobs, better infrastructure for medical facilities and improved areas for living. (Innovation Strategy, n.d.) Another policy to promote growth is the Economic Development Administration which helps the economy by providing jobs and technical help to those areas where there is an immense need of aid. In such way, employment is created which ensures that there is a stable level of economic growth. (Eco1) Balance of Payments the Exchange Rate of United States The Balance of Payment (BoP) is referred to a numerical and statistical summary of the proceedings that take place within the economy. The proceedings can be either, goods that are tangible, services, income and foreign debt. (Mosbacher, Michael R. Darby, Allan H. Young,, Carol S. Carson) As the current and capital accounts accumulate to result in an aggregate account, both the deficits in the current and capital accounts are compensated with their respective surpluses. In the U.S, a current account deficit when the prices, GNP, interest rates and the exchange rates are high. For instance, in the U.S, if there is an increase in tariffs, there will be less import buying which will result in a current account deficit. However, such changes only occur when other factors contributing towards the Bop reduce the capital account surplus. If this is not the case, there will be a reduction in foreign currencys demand and there will be an appreciation in the dollar value. As a result, the tariff which was initially increased will be offset as exports increase and imports are reduced. In economics, exchange rates are known as the representation of one currency in terms of another. This means that $1 will be values as 8 pesos in Mexico. If there is an appreciation in the value of dollar, there will be an increase in the export prices and a decrease in import prices as foreign goods are now cheaper for the U.S. There is a current account deficit since, the net export function is negative in nature. However, if there is a depreciation in the value of dollar, a vice ver sa situation will occur where import prices rise. Exports become cheaper for foreign consumers which in turn causes the current account deficit to be lessened. (Balance of Payments) (Exchange Rates) Paying off the Foreign Debt – Unites States An economy experiences an equilibrium in its budgets when there federal revenues and spending equal each other. Whenever there is excess of revenues in comparison to spending, there is a surplus and vice versa. Which is why, it is essential for the government to borrow money in order to fill in this deficit in the latter case. Therefore, a federal debt is where money is being lent by foreign countries and that by the public of its own country to facilitate areas where financial assistance is needed. When the Treasury of the U.S government borrows money, the amounts are reported to the federal accounts. Thus, whenever there is a surplus in the trust fund accounts, the U.S Treasury utilizes this surplus to find for various kinds of government spending. Moreover, around a third quarter of the debt is constituted by the federal accounts, whereas, two-third quarters are owned by general masses. (Borrowing and the Federal Debt) Bibliography Balance of Payments. (n.d.). Retrieved from EcoLib.org: http://www.econlib.org/library/Enc/BalanceofPayments.htm Borrowing and the Federal Debt. (n.d.). Retrieved from NationalPriorities.org: https://www.nationalpriorities.org/budget-basics/federal-budget-101/borrowing-and-federal-debt/ Debt.org. (n.d.). Retrieved from Unemployment in the United States: http://www.debt.org/jobs/unemployment/united-states/ Economic Growth. (n.d.). Retrieved from Investopedia.com: http://www.investopedia.com/terms/e/economicgrowthrate.asp Exchange Rates. (n.d.). Retrieved from Colorado.edu: http://www.colorado.edu/economics/courses/econ2020/section12/section12.html Explain Fiscal Policy. (n.d.). Retrieved from Investopedia.com: http://www.investopedia.com/articles/04/051904.asp Fiscal Policies Pros Cons. (n.d.). Retrieved from Yahoo Answers.com: https://answers.yahoo.com/question/index?qid=20080202033549AAb3qM Innovation Strategy. (n.d.). Retrieved from Whitehouse.gov: https://www.whitehouse.gov/innovation/strategy Monetary Policy. (n.d.). Retrieved from SmallBusiness.com: http://smallbusiness.chron.com/pros-cons-contractionary-monetary-policy-3871.html Mosbacher, R. A., Michael R. Darby, Allan H. Young,, Carol S. Carson. (n.d.). USA Balance of Payments. Smallbussiness.com. (n.d.). Retrieved from Monetary Policy: http://smallbusiness.chron.com/explain-monetary-policy-1504.html

Coyote :: essays research papers

The Coyote (canis latrans) ? Sharp fangs, mean growl, shrill cry. You may think I am talking about a new werewolf movie, but I am really talking about the coyote. It is not as fierce as it may sound, They are quite unique animals. Their ability to adapt to almost any enviorment is astounding. The Name The name coyote is a Spanish alteration of the original Aztec name coyotl. The Latin name Canis latrans, meaning barking dog, was given to it by Thomas Say, who published a description of the species in 1833. Since 1967, its official name in the U.S. has been coyote. In some parts of the U.S. coyotes are called "brush wolves.† Wolves are much larger and hunt in packs. Description The coyote's ears are wide, pointed, and stick out. It has a tapering muzzle and a black nose. Unlike most dogs, the top of the muzzle on coyotes forms an almost continuous line with the forehead. The yellow, slightly slanting eyes, with their black round pupils, give the coyote a characteristic expression of slyness. The canine teeth are remarkably long and can inflict serious wounds. The neck is well furred and looks oversized for the body. The long tongue often hangs down between the teeth. The coyote regulates its body temperature by panting like most dogs. The paw, more elongated than that of a dog the same size, has four toes withfixed claws. The claws are not used in attack or defense. They are typically blunted from constant contact with the ground and do not leave deep marks. The male coyote is about the same size as medium German Shepard. It weighs from 9 to 23kg, has an overall length of 120– 150cm (including the tail), and stands 58– 66cm high at the shoulder. The female is usually smaller. The fur is generally a medium grey, darker on the hind part of the back where the black-tipped hair becomes wavy. Legs, paws, and the back of the ears are more yellowish in color; the throat, belly, and the inside of the ears are whiter. The tail, is darker on top and lighter on the underside. The color also depends of the season, and healthiness of the coyote. The coyote's fur is long and soft and well suited to protect it from the cold. Habitat The Coyote prefers to be in a brushy wet area like a bog, or swamp, Because of the high amount of food found in such places. Coyote :: essays research papers The Coyote (canis latrans) ? Sharp fangs, mean growl, shrill cry. You may think I am talking about a new werewolf movie, but I am really talking about the coyote. It is not as fierce as it may sound, They are quite unique animals. Their ability to adapt to almost any enviorment is astounding. The Name The name coyote is a Spanish alteration of the original Aztec name coyotl. The Latin name Canis latrans, meaning barking dog, was given to it by Thomas Say, who published a description of the species in 1833. Since 1967, its official name in the U.S. has been coyote. In some parts of the U.S. coyotes are called "brush wolves.† Wolves are much larger and hunt in packs. Description The coyote's ears are wide, pointed, and stick out. It has a tapering muzzle and a black nose. Unlike most dogs, the top of the muzzle on coyotes forms an almost continuous line with the forehead. The yellow, slightly slanting eyes, with their black round pupils, give the coyote a characteristic expression of slyness. The canine teeth are remarkably long and can inflict serious wounds. The neck is well furred and looks oversized for the body. The long tongue often hangs down between the teeth. The coyote regulates its body temperature by panting like most dogs. The paw, more elongated than that of a dog the same size, has four toes withfixed claws. The claws are not used in attack or defense. They are typically blunted from constant contact with the ground and do not leave deep marks. The male coyote is about the same size as medium German Shepard. It weighs from 9 to 23kg, has an overall length of 120– 150cm (including the tail), and stands 58– 66cm high at the shoulder. The female is usually smaller. The fur is generally a medium grey, darker on the hind part of the back where the black-tipped hair becomes wavy. Legs, paws, and the back of the ears are more yellowish in color; the throat, belly, and the inside of the ears are whiter. The tail, is darker on top and lighter on the underside. The color also depends of the season, and healthiness of the coyote. The coyote's fur is long and soft and well suited to protect it from the cold. Habitat The Coyote prefers to be in a brushy wet area like a bog, or swamp, Because of the high amount of food found in such places.

Anchoring Effect Essay

Introduction In real life, decisions made by individual are easily deviated from the judging criteria, showing the behaviors of bounded rationality. Simon indicated that â€Å"the bounded rationality is a property of an agent or a person who makes decisions that behaves in a manner that is nearly optimal with respect to its goals and resources. (Franco 2009) This is because of, firstly human being have limited discernment and cognitive ability, also human are unable to know everything; secondly the environment is complex, when people face the complicated and uncertainty would, information is not complete due to vast uncertainty choice. Moreover, the rationality cannot play a role because of people are likely influenced by different situations. The report would analyze three concepts which are mental accounting, anchoring effect and conjunction fallacy to help to generate a better understanding of bounded rationality. Anchoring effect: Behavioral economics is on the strength of the science of judgmental heuristics that could be to depend on reflexively by people. According to Furnham that heuristics are characterized as an ‘intuitive, rapid, and automatic system’ which ‘reduce the complex tasks of assessing probabilities and predicting values to simpler judgmental operations’ (Furnham 2010)The anchoring effect is one of the cognitive heuristics. Anchoring effect is a bias which people easily rely on the information of first impression as reference frame when making decisions. The first piece of information or previous information, as an anchor, could affect current performance; that information might be not highly applicable to the information judgment or even irrelevant thought. Also personal attributes and characteristic which are more deemed to an anchor are fixed and constant. The other respondent is a salesman in a Sony store. Last week I went to city Sony store, a customer who looks like a student was looking for a brand new computer. Firstly one shop assistant briefly introduces different type and function of computers, the student expresses a strong purchase intention. Then the shop manager came and provide more detailed introduction of computer’s performance. Finally this student made her choice and started  bargaining. Stalemate in their time, the shop manager said he is going to report to their boss to find out whether she can get more discount. After few minutes he walked up and said that is the lowest price, what they can do is offer her some gifts. The student was very satisfied and made payment. At this point, the computer engineer came when started to install the computer, and told her whether  she needs a protection film to protect the screen, otherwise it is easy to scratch, also keyboard cover etc. The student felt make sense. At the end, she not only purchased computer, but also some accessories. This is typically anchoring effect. Customer would feel sensitive if the shop manager promotes those accessories before they purchase computer, they might increase bargaining power and would not easily pay. However after customer paid for computers, they are willing to accept accessories because they feel accessories is relatively cheap compare to the expensive computer, moreover they do need these accessories. In general, the numbers which initially provide would affect consumers’ answer. Experienced salesman always offer a higher price before bargaining, accordingly a higher anchor exists in people’ mind. Seller fetches higher price even that consumer try to bring the price down. There is another example, which is when a business launches a new product, they will carefully discuss the positioning promotion plan, such as which good shelf the products should be placed in. If a new drink is published and placed beside Coca Cola and Pepsi, consumer would accept its high p rice and visa versa. Anchoring effect is everywhere and inevitable. So how to avoid falling into anchoring effect can help consumer become a better financial planner. Firstly, putting forward an affordable price at the start when negotiation, with the purpose of offering an anchor to the seller. Besides buyer should notice that the loss of could not sell products is much more than the loss of a low price deal for seller. However refusing negotiate is a more wise than bargaining when face an unreasonable high price, it helps consumer to build a hopeful reference standard. Mental Accounting: Mental accounting was proposed by Behavioral Science Professor Richard Thaler, he believes, â€Å"mental accounting is the set of cognitive operations used by individuals and households to organize, evaluate, and keep track of financial activities.† (Thaler 1999)In other words, except financial accounting, there is another managerial accounting exist in people’s mind, which called mental accounting, to influence people to make decision in real life. Consumers usually divide any expenditure and income of equal value into different accounts. For example, we usually put salaries into ‘hard to get rich’ account, regard annual bonus as an added gift, and put a winning lottery into ‘pie-in-the-sky’ account. The money in the ‘hard to get rich’ account is expensed precisely and carefully; for annual bonus, we often have relaxed attitude to treat it, for example, we might go to shopping center to purchase an expensive dress as a gift which are reluctant to spend money to buy at ordinary times. The money in the ‘pie-in-the-sky’ account is the most valueless, imagine that people who win five million dollars would become openhanded and extravagant. This is how  mental accounting works. My friend went to a fashion store and took a fancy to a very beautiful dress, but it costs about $320. She thought it is too expensive and gave up finally. But in her birthday party, her husband bought that dress for the birthday gift. It makes her very happy. In fact, her money and her husband money are the family’s capital, but why she feels different with the same money spending according to different reasons. This study finds that the expenditure of mental accounting can be divided to four parts, which are daily necessities expenditures, home contribution expenditures and personal development expenditures, expenditures of emotional connection and recreational expenditures. According to irreplaceable of mental accounting, $320, as daily necessities expenditures, is too expensive to purchase a dress, however, the husband purchase it as a birthday gift which can be treated as expenditures of emotional connection. This amount of money can improve their relationship, so rewards are priceless. Consequently, people are willing to accept gifts  from their family or friends, but they will not purchase for themselves. According to above example, emotional connection and interpersonal relationship is significantly important for human beings, the investment of emotional for people is much more than other expenditures in everyday life. As a consequence, merchants could use these different festivals such as mother’s day, Christmas etc. to gain bigger sales. For example, a beautiful wrapped chocolate in Saint Valentine’s Day, coupons in Christmas, these special offers is negligible for merchants, but it can attract more consumers’ attention. In usual, most of us could be influenced by mental accounting; we have different attitudes to handle the equivalent value of money, hence different decision comes out. From the point of view of economics, there is no any difference among salary, bonus and lottery, but people make three different decisions when spending them. Conjunction fallacy: Tversky and Kahneman believe that the representativeness heuristic is a means of assessing the probability of an uncertain event or the value of a quantity by comparing it to a mental model (Berendsen 2012) Conjunction fallacy is one of the result that causes by representativeness heuristic, which states the declare that there are two independent events, the probability of both events will happen cannot be higher than the probability than one of the events alone will happen. I made 20 questionnaire surveys and handed into Finc6013 lecture. The question is that ‘the probability of healthy man who have heart disease is higher’ or ‘the probability of healthy men who are over 55 years old and have heart disease is higher’. There are 6 students chosen B and only 14 students chosen A. I was surprised that the result of this question is against the results of Linda problem. People think an event with more materials and details is more likely to happen. In fact it was not the case; every added detail makes things uncertainty. Two events can be happened  independent or conjunction, the probability of conjunction events happened cannot higher than the probability of any independent event occurs. However in reality, people sometimes linked probability and quantity together by mistake when making decision, they consider that there is a higher probability of conjunction events. According to the investigation result above, there are three reasonable defenses for conjunction fallacy. Firstly the representativeness heuristic is identified as the cognitive tools valid for evaluating subjective probabilities. The conjunction fallacy is attributed to the representativeness heuristic. It states that if the probability that the event is included in a classification is decided by how representative the event is of include in this classification. Consequently the conjunction fallacy proceed when the combination events is rated as more representative of the aimed classification than either the event alone. Conjunction fallacy can be occurred both in situation whether heuristic is applicable. Hence conjunction fallacy might have no any relationship with the heuristic. Secondly, there is an argument that informant misconception the investigative mission representatively used to study the phenomenon when investigator is doing survey. However it is undeniable that there is value for the investigation, for example some high quality levels of conjunction fallacies are surveyed, and misinterpretations are appropriately controlled in the survey. Thirdly informants are likely to use an incorrect rule to gibe rise to conjunction fallacy happen when associating the probability of single events. There are some experimental results shows those informants assume the probability of conjunctive events is equal to the weighted average of the probability of event alone. Therefore if the probability of even A is rated to be greater than the probability of event B, but lower than the probability of event C, informants might debate that the probability of conjunction event A and B is lower than the probability of event A, however meanwhile they consider the probability of conjunction event A and C is greater than the probability of A. This is regard as conjunction fallacy effect. The reason is informants use an incorrect rule for combining probability. Conjunction fallacy is increasingly questionable, it is common phenomenon though when people making decision in reality. On the basis of the  characteristics of perceptual selectivity, the characteristics of information are more distinct and stimulation is stronger, people are more sensitive to their perception. Moreover, situational circumstances can influence human’s perception. Because decision making is conducted on the basis of human’s perception, the general and specific information and situational circumstances play a significant role on people’s decision making behaviors. (Nilsson 2010) Conclusion: Although science and technology are advancing, and research measures of human being is always improving, to some extent, mental process stays at hypothetical stage up to now. This report discussed three decision making trap which are mental accounting, anchoring effect and conjunction fallacy. No matter which decision people try to make, it is important that they are supposed to search more information to choose the best alternatives, then they are able to gain experience through every decisions. Reference: Berendsen, A., Hadilich, S. and Amersfoort, J. 2012, Looking at â€Å"Linda†: Is the Conjunction Fallacy Really a Fallacy?, viewed 27 March 2014, Franco, R. 2009, ‘The conjunction fallacy and interference effects’, Journal of Mathematical Psychology, vol. 53, no. 5, pp. 415-422, viewed 30 March 2014,ScienceDirect, Furnham, A. 2010, ‘A literature review of the anchoring effect’, The Journal of Socio-Economics, vol.

buy custom WWI and WWII essay

buy custom WWI and WWII essay Conflicts are the major cause of human suffering and are known to be as old as mankind. They occur as a result of scarce resources, different ideologies and as away if showing ones might. Due to diminishing returns and resources, human beings have been in constant competition of these scarce resources. The human nature is depicted in a way they always aspire to accumulate as much resources as they can and in the process of accruing vast of resources, they are prone to create conflicts with each other. During the yester years when WW1 and WWII, there was great damage to resources and human population as well. This paper thus will look at the similarities and the differences of the WWI and WWII, major causes and the impact it had to human populace. Differences between WWI and WWII One of the major differences between the WWI and WWII is looking at the period when it happened. WWI, which was formerly referred to as the Great War lasted from 1914 to 918 and was majorly concentrated in Europe. The assassination on 28 June 1914 of Archduke Franz Ferdinand of Austria is believed to have triggered the conflict greatly. On the other hand, WWII lasted from 1939 to 1945. This war begun on 1 September 1939, when Germany invaded Slovakia and Poland, leading to declaration of war on Germany by France and most of the countries of the Bitish Empire and Commonwealth. Looking at the two wars, different weapons were employed and the sophistication of these weapons differed greatly. In the WWI, no much of sophisticated weapons were used but when we look at the weapons used in the WWII, weapons of mass destruction were put into use. The bombing of Nagasaki in the WWII confirms how such weapons were used in the second world war as opposed to guns, which were the main weapons employed in WWI ( Perry,2008) The regions covered by the two wars also differed in areas or regions that were involved. The World War II affected most parts of the world including Africa which was not involved during the WWI. Many countries formed up and collaborated to fight the other grouping. These affiliations made WWII to be more complex as opposed to WWI. In terms of fatalities, WWII is considered to be the deadliest with estimates of over 40 million to 70 million fatalities. Since it involved most of the worlds regions, it led to many fatalities as well as injuries. All weapons that were in existence during that period were put into use and countries, more so the superpowers wanted to show their might. Similarities of WWI and WWII Both wars resulted in massive loss and fatalities of human population. Due to the use of weapons in the fight, a number of peoplle died as well as many being left with permanent injuries where they had to live with their condition for the rest of their life. War has never brought many benefits more so in terms of resources. During the both wars, countries directed most of their resources to buying and making weapons. This led to foregoing other expansion of the countrys infrastructure and other developments, thereby making countries poorer after the war. It is only USA that benefited financially from the war but countries like japan was negatively affected by the war. Both wars involved the whole world whereby both armies and citizens were involved in the fight. The human and economic resources of the countries were mostly geared towards the war. Both wars led to mushrooming of bodies that advocated for better ways of dealing with conflict. Considering the number of fatalities during the two wars, some people felt there should be better ways of handling conflicts rather than rushing in war without looking at the repercussions. In a nutshell, WWI and WWII led to many fatalities and delayed economic development in many countries. The Nagasaki bombing led to adverse effects that are felt up to date and this confirms that other methods of conflicts resolution should be employed rather than rushing into a war without looking at the end results. Buy custom WWI and WWII essay

What Is a Preface (And Is It the Same as an Introduction or Foreword)

What Is a Preface (And Is It the Same as an Introduction or Foreword) What is a Preface? (and is it the Same as an Introduction or Foreword?) A preface is an introductory passage written about a book by its author. It's often viewed as an apologia  - which is not so much an apology as an explanation or defense of why the book exists. Because the preface is  part of a book's front matter (the pages at the start of a book with Roman numeral page numbers), it’s often confused with the foreword and the introduction.However, there are key differences between the three:A preface is written by the author about the book and is separate from the body of the book (the pages with Arabic numbers),An introduction is written by the author about the subject of the book and is part of the body,And a foreword isn’t even written by the author! It's separate from the body, and written by an expert in the field who adds credibility to the subject of the book.In this post, we'll cover all three in more detail to help you figure out how best to introduce your own book. What's the difference between a preface, foreword, and introduction? At last, the answer. Why use a preface?For an author, the preface presents the opportunity to introduce yourself, the book, and any previous projects or experiences that might have informed it. Prefaces are your chance to tell the book’s story - the story of how it went from a thought in your head to a book in our hands.Prefaces are most common in nonfiction (prologues are more popular for fiction books). However, they are present in both. They enable you to speak directly about:What you’ve created,How you created it, andWhy it’s important - or why you specifically are qualified to write about it.Many authors will even sign the end of a preface, date it, and list the location from which they wrote it (rounding out the who, when, and where of it all), like Mark Twain did below: How are you going to start your book? Let us know if you're opting for a preface, foreword, or introduction in the comment box below.

Strategic Analysis & Planning Coursework Example | Topics and Well Written Essays - 3000 words

Strategic Analysis & Planning - Coursework Example With such widespread popularity, it would appear that Microsoft made a lucrative and rational decision to acquire Minecraft in order to secure a more profitable strategic position in the international gaming market. However, the acquisition of Minecraft was an all-cash agreement that cost Microsoft $2.5 billion, which is a substantial financial risk in terms of expenditures for the acquisition in an environment where Mojang, Minecraft’s original developing company, only earned $326 million in revenues in 2013 (Stuart and Hern 2014). With the assumption that Minecraft manages the same revenue-producing capabilities year-on-year, it would theoretically take Microsoft 6.1 years to recover the just the cost of the acquisition of Mojang. This report conducts a strategic analysis of this acquisition in order to determine whether this was a shrewd business decision and whether the $2.5 billion acquisition can effectively serve the strategic objectives of Microsoft. It should be recognised that there is not a specific strategic business unit at Microsoft that is being evaluated as in 2013 the firm restructured the organisation in an effort to consolidate global business operations. The firm desired to unify the company and believed that this reorganization and consolidation would contribute to greater control and innovation production as a result of incorporating established SBUs (Ludwig 2013). Hence, strategic analysis will consider Microsoft as a newly-combined firm that now has inter-dependencies controlled centrally in areas of production, development, marketing and strategy. Michael Porter (1987) introduced his Five Forces model which describes the potential competitive forces that pose risk to a competing business, a framework for projecting future competitive activity and potential for profitability over an extended period of time. Figure 1 illustrates Porter’s

Health Information Technology (HIT) Essay Example | Topics and Well Written Essays - 1000 words

Health Information Technology (HIT) - Essay Example So, THP will also strive to ensure that all medical information is absolutely trustworthy and clear. This is bound to require many imaginative innovations in information-sharing technology, but it will also ensure security to patients and take care of their concerns in an optimally effective manner. Securing patients’ records is a big problem for the healthcare industry. First, it should be understood that healthcare security provided through the use of HIT is very different than other forms of business IT infrastructure (Peterson, cited in Hulme, 2011). This difference is important to acknowledge many challenges encountered in providing healthcare security which will be explored and addressed in THP. For example, there is this challenge that often healthcare professionals tend to be suspicious of cybersecurity, so they resist this. This resistance becomes a hurdle in the provision of trustworthy healthcare services to patients. Research claims that less financial investments are made by the healthcare industry in the area of IT security than any other industry. It is reported by the Community Health Systems that hackers stole â€Å"sensitive information on approximately 4.5 million patients† (Lemos, 2014). This shows that HIT is still not taken as seriously as it should be to deliver trustworthy healthcare. It is due to this reason that the security expert David Kennedy claimed healthcare to be the â€Å"most breached industry in 2011† (Brenner, 2011). If this challenge is effectively handled, HIT can be satisfactorily secured. In THP, cloud systems will be used to protect patient information. Research suggests that majority of cloud services employed in healthcare run medium to high security risk. Skyhigh Networks is a popular cloud security vendor and recently, it made a statement that â€Å"more than 13% of cloud services used in healthcare are high‒risk† (Munro, 2014). However, the