Wednesday, July 31, 2019

Educational and Career Goal Essay

Since young our minds are set to particular career choice and goals. We always think what is best for our future and dreamed of being successful someday. Nothing is constant in this world; there are times that even professional ones experienced career doubts and may result to career change. And this is only a test of perseverance. I am married and I have two smart kids, a boy and a girl. I am continuing my education here in United States and taking up Music as my major and Radiology as my minor. As a married person, I have to be wise in choosing my educational and career goal. This career will be my path and to be followed for the rest of my life to serve the future needs of my family. Goal setting is very challenging and difficult on my part but I know everything is for my family. Many factors to consider in achieving one’s goal and the best one are proper time management and making smarter decisions. Being a parent, I have to manage my time wisely and have balance in setting my priorities. Knowing what you want from your time, learn to see the difference between urgent and important, know and respect your priorities, plan your actions for achieving your goals, schedule time for your task and know how to spend your time ( Time, 2002) are some of the time management tips which will help a lot in setting our goals. In career planning it will take time. First step is to find out what we really want to do and what motivates us why we choose such career. Finding out our weak points and what are our aspirations and aptitudes in pursuing such course. Looking up to our priorities and proper decision making will help a lot to be on top of our success. Effective planning can reduce much the necessary time and effort of achieving the goal (Planning, 2002) and important in making good decision. Our education years, choosing the right course is our preparation for the next step in our life and be able to pursue to another stage of career, which is our job. All is focused on achieving the goals and obstacles started to come out and this time, good decision making will apply. According to Time Management Guide (2002), â€Å"Decision making can be hard; almost any decision involves some conflicts or dissatisfaction†. The difficult part is to pick one situation where the positive outcome can outweigh possible losses (Time, 2002). As a student, choosing the right career is important decision in my life. This is important in many aspects; we can choose whatever jobs we want. This will lead us to our dreams and fulfillment of our needs. Dedication to our career should be 100% to reach the so-called success in life. Choosing a right career will guide us through a path that we are going to follow for the rest of our life. Careful planning and wise decision making are the keys in achieving our goals.

Tuesday, July 30, 2019

Philippine National Police Directorate for Investigation and Detective Management Essay

Crime is inevitable, it occurs every day and it might be even happening right now. It is a nuisance and it greatly affects the society. People has their own reason for doing this kind of atrocity, it is a common understanding that if a person is without a job, he/she wouldn’t gain income, without income, he/she wouldn’t be able to buy their everyday needs, and without the basic needs he/she wouldn’t be able to survive, thus leaving him/her desperate for money, doing anything they can to get it, even if it means to commit a crime, crimes that might endanger the lives of others. The crime rate in the Philippines has been reduced more than 15 percent in the first three months compared with the same period last year regardless of the recent slew of high-profile urban crimes, as said by the late Interior Secretary Jesse M. Robredo. For the first quarter of the year 2012, the national crime volume declined by 11,219 cases, a drop of 16. 7 percent from a year ago, and Based on reports submitted to him by Chief Superintendent Alex Paul Monteagudo, Philippine National Police Directorate for Investigation and Detective Management (PNP-DIDM) chief, the PNP’s national crime solution efficiency rate for the first quarter of 2012 stood at 34. 38 percent, slightly better than the 25. 84 percent efficiency rate for the same period last year, this means that crimes are given justice more often than left unsolved. Evidently, crime rates are responsive to local labor market conditions. Surprisingly, little attention has been given by economists on whether crimes committed by optimizing individuals respond to labor market opportunities. Most recent research has been focused on the effects of criminal justice sanctions. However, most of the researches attempting to measure the effect of the labor market on crime are represented by studies linking unemployment and crime. (Patalinhung, 2011) Unemployment in the country dropped from an estimate of 13. million individuals in the first quarter of the year 2012 to 10. 9 million individuals in the second quarter, according to a recent survey by the Social Weather Stations, this is a proof of improvement in the labor force of the Philippines. However, more than half, or 51. 2 percent of unemployed Filipinos, were in 15-to-24 age group, which only validates the difficulty faced by fresh graduates looking for work, said Rene Ofreneo of the School of Labor and Industrial Relations at the University of the Philippines. According to National Statistics Coordination Board (NSCB) as of October 2012, the Labor Force Participation Rate is 63. 9% of the total population; this means that 36. 1% of the total population is either voluntary or in-voluntary unemployed. Freeman (1982, 1995, and 1999) concluded that unemployment had the expected positive impact on crime, but the magnitude of the impact was modest. Thus, the existing studies on unemployment rate to measure labor market prospects of potential criminals may not be so insightful. Gross National Income per capita may also contribute to the changes of Crime rate in the Philippines, since it determines the total value of good and service that an individual and includes the net factors from abroad. The Bangko Sentral ng Pilipinas (BSP) is confident that the country’s per capita income which is one of the lowest among emerging Asian economies, will significantly improve and may match those of its neighbors over the medium term. BSP Deputy Governor Diwa Guinigundo said ongoing government efforts, such as higher spending on infrastructure and social services would eventually help spread the benefits of economic growth. The purpose of this paper is to determine whether Unemployment Rate, Labor Force Participation Rate and Gross National Income per capita has an impact on the changing Crime Rate in the Philippines, the researcher hypothesized that Unemployment Rate has a positive relationship with Crime Rate and both Labor Force Participation Rate and Gross National Income per capita has a negative relationship with Crime Rate.

Monday, July 29, 2019

IT Systems Strategy Of A Company Essay Example | Topics and Well Written Essays - 1500 words

IT Systems Strategy Of A Company - Essay Example Current paper focuses on the IT systems strategy of Microsoft – a major competitor in the global application software industry; reference is made not to the parent firm, based in USA, but to its UK subsidiary; the current position of the firm towards its rivals is important (see also Table 1, Appendix); it seems that the IT strategy of the firm has helped towards the achievement of a stable growth; the key aspects of this strategy are presented and evaluated using appropriate theoretical framework – the PESTEL analysis. Microsoft Corporation is a global leader in the Software Application Industry; the firm entered the British market in 1982; currently the employees of the firm in UK are 1500. Since its establishment in Britain the firm has focused on the promotion of innovation in technology and the improvement of the technology available in education and in communities. In fact, as in other countries worldwide, Microsoft Corporation UK has helped the British government to improve the technology used in various social and economic activities – enhancing ‘the social and economic well-being of local population’ (Microsoft Corporation, Economic Empowerment). One of the key characteristics of the global market is the continuous increase of competition; firms that try to stabilize their performance and achieve a stable rate of growth need to continuously review their strategies; emphasis should be based on the IT systems involved in the various organizational operations. In firms that are heavily based on knowledge management specific measures should be taken; the firms that would be involved in such effort should meet the following requirements: ‘ a) to be proficient at skills and support infrastructure, to foster innovation and collaboration and to allow self-organization to emerge’ (Rud, 2009, p.38). When the organizational activities are expanded in different industrial sectors, the strategic planning

Sunday, July 28, 2019

CONCERT REPORT Essay Example | Topics and Well Written Essays - 750 words

CONCERT REPORT - Essay Example However, the music during this period was a combination of sacred and secular forms. Most of the songs sung during this time were mostly monotonic which were used for hymns and praise songs but later developed to polyphonic forms after the inclusions of instruments and the advent of musical notation system and musical theories. There was an immense alteration on the repertory during this period because of the incrementing efforts of incorporating manifold compositions of melodies and different tones. Eventually, despite the alleged defiance of the early fathers on the inclusion of musical instruments on church chants, there was an acceptance on the use of a musical instrument in church setting, initially, to support choristers in singing. The first instrument accepted to be used in church services was the organ. Secular music proliferated through the help of the French people and because of the aid of the music genius Guillaume de Machaut. Subsequently, songwriting also became famous . 2 Some other forms of arts were also observed to have close relation to music and were found to be in conformity to the development of musical art. Several primitive artworks were recovered in some parts of the world especially in Egypt where olden drawings on caves showing musical instruments, hieroglyphs and some passages coming from the Bible were discovered. These forms of arts are proofs or cues that predicate the existence of musical art prior to the Middle Ages, in fact, some claims that this could be traced back to the time of Pythagoras who, through Mathematics, helped in the establishment of music: â€Å"the first study of music as an art form dates from around 500 B.C., when Pythagoras experimented with acoustics and the mathematical relationships of tones.† 2 Many great composers came out during the middle ages. Some of the most famous and talented composers have lived during this time. Guillaume Dufay was a medieval composer whose musical artworks were made fro m the latter part of the medieval period up to the early Renaissance Period. His music was mostly serene and with perspicuous uniqueness. He also started to invent the four voice texture which is a very popular, important theme for polyphonic music today. Philippe De Vitry (1291-1361), was considered to be one of the most important composers during this era. He was the proponent of the famous musical theory Ars Nova  ­and was one of the premier figures who developed motet. Further, he also discovered isorhythm: â€Å"a single rhythmic figure continually repeated by a voice.†1 Guillaume de Machaut who lived between 1300 and 1377 was the composer who made the famous Mass of Notre Dame. He was direly romantic and most of his compositions and poems were seen to have romantic impressions. In addition, he was also recurrently involved in royalty and political gatherings. References: 1. â€Å"The Medieval Era†. Library.thinkquest.org. library.thinkquest, n.d. Web. 7 Decembe r 2011 2. â€Å"Music History 102: The Middle Ages†. Ipl.org. ipl2, n.d. Web 7 December 2011 3. â€Å"Medieval Music†

Brand Management and Hotel Loyalty programs Assignment

Brand Management and Hotel Loyalty programs - Assignment Example Additionally, loyal clients present business partnership activities such as spreading positive comments through word of mouth to their business partners and relatives. Loyalty programs are a combined structure of marketing processes and techniques that have a fundamental objective of making clients be more loyal to the brand. Brand loyalty through customer retention techniques is a strategic drive for all business executives in the world. Loyalty programs are vital components for encouraging client retention in numerous sectors, including hospitality and airline industries (Xie & Chen, 2014). Loyalty clients are said to have better customer maintenance rates, commit a bigger portion of their group expenditures to the organization and are more likely to recommend other individuals to become customers to the business enterprise. There are numerous gains to an effectual customer loyalty program besides added reliability, lesser price sensitivity, and stouter regard and attitudes in the direction of retailers and the brand. Some of these benefits include having access to vital statistics on customers and client trends, added consistent sales, larger capacities to spot unique customer sections and enhanced success in executing merchandise recalls. The Loyalty notion is a pledge to procure repeatedly a preferred good or service recurrently in the future. Even though some aspects external to the brand determine a customers choice, brand loyalty is experienced and practiced in the hospitality sector (So, King, Sparks & Wang, 2013). As the hospitality industry transforms from a traditional and controlled sector into a global sector, technological advancements have become important especially to consumers. Resorts, for instance, organize the Internet services to offers clients websites in different languages, online customer assistance, and online reservations. Loyalty programs give assistance in

Saturday, July 27, 2019

Explain the VaR framework and its utility in Risk Management Essay

Explain the VaR framework and its utility in Risk Management - Essay Example VaR can be said to be an easy method of measuring the market risk. As of date, VaR technology has spread its wings well beyond financial derivatives and is completely transforming the style the financial institutions’ approach to their financial risk. Initially, VaR is employed to measure the market risk, but now it is being employed to administer and control risk actively. The VaR methodology is now assisting the industry to reckon both operational and credit risk, resulting in the sangraal of companywide management of risk1. (Jorion 2009: x). VaR employs a method of valuation of risk that uses standard statistical methods employed regularly in other technical sectors. In simple terms, VaR can be explained as the most speculative loss over an objective horizon that will not be surpassed with a given level of confidence. Footed upon the company’s scientific founding stones, VaR offers users with a detailed synopsis of market risk. (Jorion 2009: x). . 2 Backgrounds For t hose companies and financial institutions that are vulnerable to risks, management of risk is a vital function. There has been a real reform in the risk-management process, especially in the last decade and VaR is regarded as one of the solutions that received wide publicity in business circles. As per Holton (2003), the main fundamentals of the VaR can be traced back to as early 1922 when the New York Stock Exchange prescribed capital norms for its members. Until 1952, research in VaR was not in progress. Two independent researchers namely Roy and Markowitz almost concurrently advanced but with different version of measuring the risks and the same were published in 1952. As per Holton (2003), the two authors mentioned above were engaged on establishing a way of choosing portfolios that would be facilitating to obtain the benefit for certain level of risk. Holton was of the view that it took nearly four decades until VaR measurement started to be broadly employed by companies and fi nancial instructions. As per Fernandez (2003), the worst financial crisis that occurred in 1987 and the crisis that forced to find a solution by the Basel Committee that all banks should keep adequate cash reserves so that it can cover probable losses in their trading assortment over a 10 –day marked and 99% of their time. With the help of VaR, the quantum of cash to be maintained will be decided. Due to poor risk management process and poor supervision, a huge volume of money can be lost, which was well evidence from the past financial crisis. Thus, VaR has widely been acknowledged as a breakthrough process due to historical errors that crept into the risk -management process. (Holton 2002). As of today, the usage of VaR is being widely employed in financial institutions but there is only limited usage of VaR in non-financial firms. This can be explained that why companies do not employ VaR as they do not normally predict their profits and losses on daily footings that are n ot impacted by volatility in prices in the short-run. However, Mauro (1999) stresses that VaR can be employed even by non-financial firms (companies) that are not impacted by volatility in prices, especially in a short-time horizon. Thus, the chief advantage of VaR is that it is a yardstick that can be employed to almost every

Friday, July 26, 2019

Evidence for Practice Innovation. Evidence-Based Nursing Essay

Evidence for Practice Innovation. Evidence-Based Nursing - Essay Example Due to the fact that evidence in nursing practice is a recent idea, it has not been embraced by many nurses. In fact only about 15% of the nurses in practice work within the requirements of evidence based practice. This small percentage is quite devastating since this concept has been well explained and its significance documented . This figure also shows the negative attitude that is present among the nurses towards the concept in question. Due to this negative attitude they have not embraced the concept thus derailing its success. It is also human that people become resistant to changes that occur in their field of work, especially if the change is as demanding as in the case of carrying out researches as in this case of evidence based practice. Many decisions that are made in bid to improve the quality of health care services offered always leaves out EBPN showing some bias towards the idea. This calls for the nurse leaders to take the initiative to find a way through which they can facilitate the diffusion of the concept of evidence among the nurses. These leaders will have to innovate an easier way to facilitate the nursing workforce to adopt this excellent concept of evidence based nursing practice. This thus forms the platform for the discussion of this topic on evidence based practice innovation amongst the nursing workforce. In this essay the issues to be discussed include the following. First, is the reason as to why the subject was chosen for discussion, second is to formulate a focus question. The essay also requires the writer to plan and carry out a structured search in order to find relevant evidence that will answer the focused question. Synthesis, appraisal and evaluation of differing types of evidence will be discussed and so will be the relevance of this topic to practice development.   Ã‚   Rationale for the choice of the subject Evidence for practice innovation being the topic of the discussion was chosen for various reasons. To begin with, there is a great necessity to innovate the concept of evidence for practice so as to make it easy for the nursing workforce to embrace the idea of evidence in practice. This is because the idea of evidence is very beneficial in the nursing profession and it will ensure that the services offered by the nursing workforce are scientific. Being one of the people in favor for the evidence based nurse practice; the writer is obliged to facilitate its innovation so as to eradicate the negative attitude many nurses have towards it3. Many nurses that are in practice face a huge challenge in translating research evidence into their practice. For this reason many of them recent the idea of using EBPN in their practice. If this idea was innovated making the interpretation process easy, many of these nurses would embrace the idea with lots of ease. Innovation would also be a wise move to ensure that there is adequate time for clinical attention to the patient. Time has always been a challenge for the nurses due to the increasing demand in health care services. Another

Thursday, July 25, 2019

Week 7 Assginment--Business Report Assignment Example | Topics and Well Written Essays - 1750 words

Week 7 Assginment--Business Report - Assignment Example First of all Outsourcing decision depends on the company as a whole, when a company wants to lower the costs by associating with the third party to make the better usage of company’s land, labor, capital, technology and its resources, time and energy. The term Outsourcing is becoming more common in the business world, nowadays. Even, there are some companies in which the entire information management is outsourced. The Companies are outsourcing to fully focus on the core process of their business, by consuming time to provide their best services to external agencies. Outsourcing also allows a company to free their most of the internal resources, which can be easily used for other purposes. The research has shown that sometimes the internal resources of a company get short, where outsourcing helps them to avail the required resources within the company. although in several cases the company finds it much difficult to manage particular functions related to the production, theref ore companies outsource by delegating the powers to the third party to manage and control the functions performed. The functions performed by the third party could be beneficial for the business. We have come to know that the Companies are also outsourcing to cut down the risk factors involved with their production or services. Outsourcing even helps a company to realize the benefits of re-engineering. Outsourcing also enables the companies to expand more in new market areas, where they can easily fasten their delivery to the end users. The research has proved that however, outsourcing provides much profit to the organizations, they need to endure. (The Top 10 Reasons To Outsource) When outsourcing you should know what advantages it can provide to your business. The research has analyzed several advantages. Some of them we will discuss. The research has shown that when a rapid growth period hits a company, the back-office operations of a

Wednesday, July 24, 2019

Cultural Tourism as It Developed from the Time of the Grand Tour Essay

Cultural Tourism as It Developed from the Time of the Grand Tour - Essay Example Technology has been an important aspect of modern travel, the trains, planes, and automobiles that transport the traveller from one place to another an important part of facilitating travel. Cultural tourism has developed through the interest that has developed about certain areas of the world in which local offerings through culture, education, or merely through fun have supported an economic advantage to grow around a specific set of areas of interest. The Grand Tour The concept of the ‘Grand Tour’ was based upon 16th and 17th century educational tours that emerged in England and Ireland after the Reformation when Catholic pilgrimages were no longer possible under the new structures of religion that had become the Church of England. Britain is one of the first countries to establish a culture which can be observed for practices of tourism (Williams By the 18th century the travel experiences were referred to as the ‘Grand Tour’, a phrase that was first seen in a travel guide published in 1679 by Richard Lassel titled An Italian Voyage. The ‘Grand Tour’ lasted for several years, allowing for the beginnings of a career to take shape so that the traveller would begin to develop a world view from the experiences of the travel plan. This concept was a part of the education of English aristocratic culture. The result of the tours was a literary body of work in the form of travel guides that provided a framework of discovery for those who would follow on these types of travel experiences (Katz1998, p. 253-254). The Grand Tour was primarily a pursuit of the English, which was an experience that provides a contextual relationship to the beginnings of the modern period in the 18th century (Roberts 1998, p. 31). Travel in previous contexts had been based upon the unknown, explorations that would result in economic and cultural advantages that could include military and ambassadorial advantages for political purposes. Travel also occ urred for the purposes of relocation, but travel for the idea of educational experience and as a part of an extended leisure activity emerged during the time of the growth of travel guides and the emergence of a middle class that had the time and the means to pursue travel simply for the pursuit of experience (Roberts 1998, p. 31). As the middle class began to take on the ‘Grand Tour’, the educational purpose of the tour began to diminish. During the 1780s a shift in the purpose for the tour began to become noticeable as the purpose of leisure began to emerge. According to Richards (1996, p. 12) â€Å"The spatial pattern of the Grand Tour also changed , from the ‘Classical Grand Tour’ which concentrated on the culture of the ancient classical world and the Renaissance, to the ‘Romantic Grand Tour’ with more attention devoted to romantic views of urban and rural scenery†. The shift can be representative of an elite middle class that was b ored with educational based experiences and began to search for distractions that were less cerebral, looking for exotic and imaginative experimentation (Richards 1996, p. 12). The Geography of Travel Travel requires the element of geography, the search for interesting and foreign locals based upon the idea that there is a starting point and a destination. Holden

Tuesday, July 23, 2019

East Asia Essay Example | Topics and Well Written Essays - 1250 words

East Asia - Essay Example North Korea has a history of poor relations with its neighbors. Even though fighting stopped after the ceasefire of the Korean War in 1953, both South and North Korea are still at war with each other. Korea was spilt into North and South Korea after the WWII and ever since they have never had cordial relations. As early as 1950, North Korea tried to capture the southern region but was defeated. In 1972 they agreed to work towards peaceful reunification but it was short-lived (Historyofnations, 2005). Recently its nuclear weapon program has prompted the express concerns of its neighbors including Japan, China, South Korea and Russia. While each of these countries have been condemning the missile tests, they have taken a different stand on how to deal with the affairs concerning North Korea. In 1998, North Korea had launched a midrange missile over Japan, which provoked Japan to take stern action. This prompted Japan to strengthen its military ties with US and transform its own Self-Defense Forces into a full-fledged military. In 2006, Japan took a very firm stand and threatened to impose economic sanctions against North Korea (Onishi & Kahn, 2006). It would cut off money transfers from Japan which means cutting off a significant source of cash for North Korea. It had also banned the North Korean Mangyongbong-92 ferry from entering its ports for six months in 2006. This was a vital link for transferring cash and supplies to North Korea. Japan had tried to normalize relations with North Korea even though the latter had abducted Japanese citizens in the 1970s and 1980s to teach Japanese language and culture to the North Korean army (Duk-Min, 2005). Japan has strained relations with South Korea and China and it needs the support to be tough with North Korea in imposing eco nomic sanctions. China and South Korea have in the recent years increased their economic activities with North partly to save the

Monday, July 22, 2019

War in Iraq Essay Example for Free

War in Iraq Essay The United States Governments decision to invade Iraq was a mistake and so is the decision to continue to occupy the war-country. However, more than just a mistake, the war is of course wrong, and the reasons which the US declared for the rationale of the war are based on misinformed information. There are kinds of war that can be justified if the reasons behind them are morally right — the Iraq War is not one of them. The question whether the government knew this or not is not really known. Various sides claim different things regarding the rationality of the war, but one thing is for sure: This author is not for any kind of war, including the Iraq War. Iraq War in Under Fire There are a number of reasons why the war on Iraq is to be considered a bad judgment, if not a bad â€Å"scheme. † We could go on and on with a long list, but it would take a very long time. However, the main concern of the government was that Iraq had what they called â€Å"Weapons of Mass Destruction† (WMD) that are a threat to the security of not only America but also the rest of the world. There is reason to believe that misleading information influenced the decision of the president to go to war. In a press release posted on the Central Intelligence Agencys (CIA) website, Jay Rockefeller, chair of Intelligence committee said, â€Å"In making the case for war, the Administration repeatedly presented intelligence as fact when in reality it was unsubstantiated, contradicted, or even non-existent. As a result, the American people were led to believe that the threat from Iraq was much greater than actually existed† (qtd. in United States Senate Select Committee on Intelligence 1). He was right; by the time the US and coalition forces was done ransacking the country, no WMD were found. There were also no threatening biological and chemical weapons found in Iraq. There were hints that Saddam wanted to create such devious weapons, but the findings suggest that the â€Å"imminent threats† that the government was so afraid about were non-existent. With these findings alone, the main justification of the US government for going to war with Iraq is nullified. Supposedly after the US was embarrassed by their Intelligence failure, the logical thing to do was to pull out of Iraq as quickly as possible and admit they have made a mistake. Yet, instead of doing this, the government even denied it, publicly declaring Iraq as an â€Å"imminent threat† to the US (Center for American Progress 1). Of course, pulling out of the Iraq would not be that easy especially because the coalition forces have done such a good job of virtually maiming the country. The chaos that the conflict created also meant that it would be morally wrong to just leave the devastated country after doing significant damage to it. The process of pulling out the troops, however, is taking longer than necessary. US troops have been in Iraq since 2003 and until now, tens of thousands of soldiers are still in the dangerous country. The longer the troops stay in Iraq, the more body bags the army have to ship back home. Apart from the unjustified nature of the Iraq War, the casualties that the conflict created and is still creating are one of the major reasons why this war is being contested. As of June 2, 2009, there have been 4,627 coalition deaths, and these only include the coalition forces that died (Cable News Network [CNN]). According to a recent research published in the New York Times, the civilian casualties that the conflict is causing may sum up to 600,000 since the war began (Tavernise and Mcneil). That is almost a hundred thousand deaths a year, which makes this war even more wrong because of the sheer number of casualties produced. Not everybody sees this war the same way. Some argue that if Iraq was not invaded by Coalition forces, Iraq may have developed the Weapons of Mass Destruction they were so eager to find inside Iraqi territory. However, since the time when Iraq was invaded up to this date, no Weapons of Mass Destruction have been detected, making this argument invalid. For others, the war on Iraq was a necessary move of the United States in order to defend itself from foreign threats, and it was a direct action to the seemingly increasing threat that Saddam supposedly had on the US. Former US President George W. Bush claimed that war was his last option. â€Å"I didnt want war, to assume that I wanted war is just flat wrong,† George Bush said in an interview (qtd. in Shakir). However, evidence suggests that he has already made up his mind long before the first coalition forces landed on Iraqi soil. Bush and then British Prime Minister Tony Blair have already met and decided on the matter as revealed in a memo dated January 31, 2003 (Norton-Taylor). Conclusion The Iraq War is just flat out wrong. The US government pretended and projected to the people that Iraq was an imminent threat despite the lack of real evidence. The rationality of the war is just based on misleading information, therefore making it a mistake. However, more important than the rationality of the war, the number of casualties that the conflict has created and is still creating is a strong enough reason to justify the immorality and irrationality of the war. Others may claim that the war was necessary, but the hard truth is that it was indeed a mistake. The failure to find WMD has caused critics to be suspicious of the real intent of the US why they invaded Iraq — Iraq is of course an oil well capable of generating enormous amounts of money that even the already rich US government could not resist. Works Cited Cable News Network. â€Å"US and Coalition Casualties: Iraq. † CNN. com/world. 2 June 2009. 4 June 2009. http://edition. cnn. com/SPECIALS/2003/iraq/forces/casualties/. Center for American Progress. â€Å"In Their Own Words: Iraqs Imminent Threat.† Center for American Progress. 29 Jan. 2004. 4 June 2009. http://www. americanprogress. org/kf/QUOTES. PDF. Norton-Taylor, Richard. â€Å"Blair-Bush Deal Before Iraq War Revealed in Secret Memo. † 3 Feb. 2006. Guardian News and Media. 4 June 2009. http://www. guardian. co. uk/world/2006/feb/03/iraq. usa. Shakir, Faiz. â€Å"Bush Insists I Didnt Want War, Overwhelming Evidence Suggests Otherwise. † Think Progress. 21 Mar. 2006. 4 June 2009. http://thinkprogress. org/2006/03/21/made-up-his-mind/.

Obesity in African American Culture Essay Example for Free

Obesity in African American Culture Essay Obesity has more that just a physical effect on the body. Obesity also greatly affects the mental and emotional part of the body as well. Although you cannot directly correlate metal and emotional health to obesity, you can see that its effects do in fact play a role in the mental and emotional health of an obese person. While the effects of obesity do indeed reach out to all races, it is easy to see that mental and emotional problems from obesity in the African American culture are present in the culture. Depression, anxiety, and discrimination, are all results that are caused by obesity in the African American community. Many people are familiar with depression, whether it be a friend or family member that went through it or that they themselves went though it. â€Å"Depression is a state of low mood and aversion to activity that can have a negative effect on a persons thoughts, behavior, feelings, world view and physical well-being† (Salmans 1997). African American obesity has a close tie with depression in African American people. When people are self-conscious about their weight they may think that people look down on them for this. This would cause them to think less of themselves or believe that others are better then them. In turn it can cause the obese African American to have a bad view of themselves, other people, and the world in general. This is exactly what depression is. You can see that depression can be caused by obesity in the African American culture. Anxiety is another emotional distress many people are familiar with. Anxiety is know as, â€Å"the displeasing feeling of fear and concern† (Davison 2008). Many people have felt the effects of anxiety in their own lives, whether it is before an important test, a speech in front of many people, or the big gam; many people feel anxiety. Looking only at anxiety caused by obesity in African American people is a different situation. Anxiety or nervousness before a big event is common and in many ways healthy because it motivates us to do the very best we can. Anxiety in African Americans because of obesity is not healthy; in fact it can be dangerous and destructive. By feeling displeased and concerned about their weight African Americans can struggle all through out life to over come these feelings. It could limit their goals and overall make them settle for less then they really can do. Anxiety do to obesity in the African American community is not a healthy and can severely constrain someone’s life. Discrimination in the African American community has always been a problem through out history. Slavery is a very obvious product of discrimination. Taking a more specific look at discrimination of the African American community because of obesity is a different situation. When people discriminate African Americans because of their weight it seriously prohibits their chances of succeeding in life. It could be in the work place or at school. By placing these barriers we are limiting the ability of the African American community and hurting their chances of having a successful and meaningful life. These mental and emotional effects of obesity in the African American community are unfair and wrong. People should not be judged on their weight. Davison, Gerald C. (2008). Abnormal Psychology. Toronto: Veronica Visentin. p. 154. ISBN 978-0-470-84072-6. Salmans, Sandra (1997). Depression: Questions You Have – Answers You Need. Peoples Medical Society. ISBN 978-1-882606-14-6.

Sunday, July 21, 2019

Issues faced in Working Capital Management

Issues faced in Working Capital Management Working capital management holds an important place in the theory of finance. A large number of tools and techniques have been developed in the past to ensure optimal allocation of funds. Various authors have approached the study of working capital management in different ways. A large number of models, theories and techniques (Baumol 1952, Beranek 1963, Haskel Benishay 1965, Haley and Higgins 1973, Walker 1974) have been developed in the past towards the optimal allocation of funds. Efficient use of working capital has a direct bearing on profitability of an enterprise. it increase the productivity of in fixed assets. Basic Survival of a firm may be stake if adequate working capital is not available in time. It is essential to maintain constant supply of working capital for healthy growth of an enterprise. Working capital management concerned with current asset and current liabilities. Profitability and liquidity of a company directly affects current asset and current liabilities. So working capital management is considered as most important component of corporate finance. To show the relevance of working capital there are many factors. As far as a typical manufacturing firm is concerned, it accommodates half of its total assets as current assets. More current asset enhances more return on investment. A firm with fewer holdings of current assets would face immense difficulty to carry on the day to day operations of the company (Horne and Wachowicz, 2000). Efficient working capital management involves planning and controlling current assets and current liabilities in a manner that eliminates the risk of inability to meet due short term obligations on the one hand and avoid excessive investment in these assets on the other hand (Eljelly, 2004). Many surveys have indicated that managers spend considerable time on day-to-day problems that involve working capital decisions. One reason for this is that current assets are short-lived investments that are continually being converted into other asset types (Rao 1989). With regard to current liabilities, the firm is responsible for paying these obligations on a timely basis. Liquidity for the ongoing firm is not reliant on the liquidation value of its assets, but rather on the operating cash flows generated by those assets (Soenen, 1993). Taken together, decisions on the level of different working capital components become frequent, repetitive, and time consuming. Working Capital Management is a very sensitive area in the field of financial management (Joshi, 1994). It involves the decision of the amount and composition of current assets and the financing of these assets. Current assets include all those assets that in the normal course of business return to the form of cash within a short period of time, ordinarily within a year and such temporary investment as may be readily converted into cash upon need. The Working Capital Management of a firm in part affects its profitability. The ultimate objective of any firm is to maximize the profit. But, preserving liquidity of the firm is an important objective too. The problem is that increasing profits at the cost of liquidity can bring serious problems to the firm. Therefore, there must be a tradeoff between these two objectives of the firms. One objective should not be at cost of the other because both have their importance. If we do not care about profit, we cannot survive for a longer period. On the other hand, if we do not care about liquidity, we may face the problem of insolvency or bankruptcy. For these reasons working capital management should be given proper consideration and will ultimately affect the profitability of the firm. Firms should keep an optimal level of working capital that maximizes their total value. Larger inventory preservation might reduce the risk of a stock-out. Keeping large level of inventory and a generous trade credit policy would cause to high sales. Allowing trade credit is most strategic move to stimulate sales. Trade credit would give a chance to customers to assess quality attributes of product before making payments completely or partly (Long, Maltiz and Ravid 1993, and Deloof and Jegers, 1996). Accounts payable is another most important component of working capital. Investing in account payable or delaying payments to suppliers allow a firm to assess the quality of acquired product before it making its full payments. Investing in accounts payable is treated as inexpensive and flexible source of financing working capital. Bad effect of investing accounts payable is that, it would become loss if the firm offered discount for early or on time payment. Measurement of working capital is most important function of management. A popular measure of Working Capital Management (WCM) is the working capital cycle or operating cycle. This is the time lag between the expenditure for the purchases of raw materials and collecting cash from the debtors. With the reducing of cash conversion period that will be more beneficial to the working capital and it will lead to high level of current asset. As it increases the cash conversion period it will lead to low level of working capital maintena nce. Providing a proper and sound framework for total asset management is most important aspect in financial management practices. Investment in fixed asset would require great level of research activity. Recently, working capital management has been given little attention by researchers relatively. This approach causes great problem for many business firms. Because neglecting of working capital or lazy approach on working capital management would cause utter failure and becomes problematic. Recent corporate history and literature shows that more concerns for working capital management will result in more efficiency. Recent corporate history has got rich set of history for the collapse of firms due to their neglects in working capital management. Altman provided a model called multivariate predictor model based on US companies in the year 1968. In his model he includes working capital as one of the model components. Taffler developed a four-variable model for failure prediction using data drawn from the UK companies in the year 1977. (Eljelly, 2004) explains that liquidity management involves planning and controlling of current asset and current liabilities in a manner that reduce risk maximum. Major risk in these involves incapability to meet short term obligation as and when it dues. It should also concerns with avoiding excessive investment in current assets. The measurement of relation between profitability and liquidity is most important. To measure this relationship there are many techniques are being used such as ratios and cash conversion cycle. Some companies as in Soudi Arabia was under study as sample. Researchers used correlation and regression technique to study the relationship between profitability and liquidity of certain companies. The study showed that, rather than the ratios such as current ratio and liquidity ratio cash conversion cycle has more relevance to project out the relationship. Another point revealed that size of the companies showed major affect on profitability of various industrie s. The study revealed certain implications in Soudi Arabian companies. First is that there is negative relationship between liquidity and profitability indicators like current ratio and cash conversion period. Second is that there is variation among companies in terms of measure of liquidity. In spite of all the overall study revealed stable result. (Ghosh and Maji, 2003) Under this, they take Indian cement companies in to consideration to study in details. They examined and studied the efficiency of working capital management of certain Indian cement companies during the financial period 1992 1993 to 2001- 2002. Instead of using the working capital ratios they have used performance, utilization and efficiency indices calculations. Each individual firm has got target efficiency level on the basis of industry norms. And each firms speed level of achieving efficiency target is tested under study. Overall study concluded that during particular study period, Indian cement companies did not performed as the targeted as well. (Deloof, 2003) He explains that, the way that a firm is managing its working capital has significant impact on ultimate profitability of any firms. This is because of the great amount cash investment done by most firms in current assets. He made study by using correlation and regression tools in Belgian firms. During his study he found that there is negative relationship between gross operating income and number of days allowed in account payable, account receivables and inventories of firms. Based on the study he conducted, he concluded that management can reduce the number of days in account receivables and inventory storage reasonably. It will create more value for its shareholders and owners. He also concluded that negative relationship between profitability and accounts payable is due to the reason that less profitable firms take more times to make payment on their bills. (Shin and Soenen, 1998) To create certain value to owners or shareholders it is important that to mange working capital most significantly and with utter cares. Profitability and liquidity impacted or affected by the way which the working capital management of any firm. There was found a negative relationship between profitability and firms Net Trade Cycle by studying the relationship between lengths of Net Trade Cycle. Shorter Net Trade Cycle indicates higher risk associated with stock return. (Smith and Begemann 1997) emphasized that those who promoted working capital theory shared that profitability and liquidity comprised the salient goals of working capital management. The problem arose because the maximization of the firms returns could seriously threaten its liquidity, and the pursuit of liquidity had a tendency to dilute returns. This article evaluated the association between traditional and alternative working capital measures and return on investment (ROI), specifically in industrial firms listed on the Johannesburg Stock Exchange (JSE). The problem under investigation was to establish whether the more recently developed alternative working capital concepts showed improved association with return on investment to that of traditional working capital ratios or not. Results indicated that there were no significant differences amongst the years with respect to the independent variables. The results of their stepwise regression corroborated that total current liabiliti es divided by funds flow accounted for most of the variability in Return on Investment (ROI). The statistical test results showed that a traditional working capital leverage ratio, current liabilities divided by funds flow, displayed the greatest associations with return on investment. Well-known liquidity concepts such as the current and quick ratios registered insignificant associations whilst only one of the newer working capital concepts, the comprehensive liquidity index, indicated significant associations with return on investment. Satish B. Mathur (2007), Working capital management contains the proper management and control of the gross current assets. Current asset involves cash, sundry debtors or Account Receivable and inventories. Thus the working capital management relates with the management of all among components not only individually but also collectively, too. Effective management and control of the various components of working capital is one of the most important and vital functions of financial management in any kind of the industrial and business units, based on varied parameters, like flexibility, level of investments in various components of current assets, criticality, quantum of efforts and time. With the help of a method called operating cycle let estimate the duration of one operating cycle. This means time taken by a firm for completing a full cycle of process starting from purchase of raw materials to conversion of finished goods even after sales that, sundry creditors if it is credit sale s. The completion of operating cycle has major influence over the profitability of any business concern. So its proper control and management needed to maintain proper working capital. Vijay Kumar (2001), Funds needed for any business organization for carrying day to day operations. Working capital considered as lifeblood of the business concern. Even though a firm can exist without profit, it cannot survive without working capital fund. A firm which without having working capital fund may cause bankruptcy. The working capital management is the most critical problem in financial management. Most of the time financial executives are devoted towards managing the current assets and current liabilities which are the main constituents of working capital. Importance of working capital management stems from two reasons viz., (i) A substantial portion of total investment is invested in current assets and (ii) level of current asset and current liabilities will change quickly with the variation in sales. Hence, this study makes an attempt to analyze the size, composition, circulation of working capital and whether such an investment has increased or declined over a period o f time. Mr. Knight pointed out that not only working capital components are inter dependent on each other but also on net sales and profit. Hence, this study also makes an attempt to evaluate some of the linkage between the different components of working capital and their relationships with the variables like sales, value of output, earnings, cash flow, etc. One most important area in working capital management is to understand the feature of short run behavior of the demand for working capitals ant its various elements. This study not only includes the cash but also includes the study of demand for receivables, inventories, gross working capital and net working capital. The concept of working capital, still have some controversies among various financial experts. Working capital has two concepts. They are: the total of current asset and the excess of current assets over current liability. These are called gross concept and net concept respectively. Gross concept is use full when the objective is to measure the size and extent to which current assets are using. Net concept becomes useful when the objective is to evaluate the liquidity position of the concern. As soon as a firm operate and start to grows it have to make various decisions regarding where to invest and how to invest its various funds, quantity of cash and inventory to be maintained, amount of financing to customers, how to obtain required funds and how much debts can be acquired from outside etc. all those among factors have vital influence in total cash flow and overall profitability of business unit. Working capital management is a crucial decision of how to make structure and finance the operating investment of a business. Nrendar Kumar Jain (2004), Working capital management has major place in the theory of finance. Optimal allocation of fund is most important face in working capital management. Various tools and techniques have been developed for optimal allocation of fund. Some of them are Baumol 1952, Beranek 1963, Haskel Benishy 1965, Haley and Higgins 1973, Walker 1964. Efficient use of working capital is very much deals with profitability of any business unit. It augments the total productivity of investment in fixed assets. The total survival of a firm will be stuck if working capital not available at time. So it is very essential that to maintain constant and adequate supply of working capital for smooth running and growth of organization. The term Working capital is represented by current assets. Management of working capital has added significance in the context of any pattern of business weather it is small-scale or medium sized industries in the country. Most of them would have weak financial base and less availability of finance source. If their risk bearing capacity very low there would have an effort to reduce its size releases funds and improves profitability. Working capital management deals with management of current asset such a way that it maximizes the value of firm Both shortage of fund for working capital and uncontrolled over-expansion may cause failure in many business concerns. Especially in small firms, efficiency in working capital management has significant impact in firms risk, return and share price. The financial sector has major role in any economy in mobilization of fund and allocation of savings. Financial sector acts as conduit for transferring financial resources from saver to borrower. Generally banks act as an integral part of financial sector. Working capital management can be say as a process of planning and controlling the level and proper mix of the current asset of the firm. It includes financing of these assets in the organization. Here financial manager has to decide what quantities of cash, liquid assets, bills receivable and inventories have to be hold at various times. Financing of current asset is next important decision to be taken by a finance manager. Choice for financing these assets includes mix of current as well as long term liabilities. There are two important implications for the management of working capital. First to choose management, working capital can be acquired to meet immediate needs when they arise. A hand-to-mouth policy like this has an advantage of reducing the average investment in working capital. So they can minimize interest charge, insurance expense and storage fees necessary to carry the investment. In spite of this, hand-to-mouth policy has certain disadvantages also. There will be increased ordering cost associated with greater likelihood that the firm may experience storage in working capital. The reason behind this is that, there is no buffer stock to absorb unexpected functions. Management of working capital is faced by two basic questions. First is that the level of sales and relevant cost, what quantity of cash, receivables and inventories a firm should keep in optimal. Second is that the most economical way to finance these working capital investments. To have best return on investment firm should not keep unproductive assets and it should finance in cheep source of fund. Literally, it is always better that to invest with short term asset and with short term liabilities. Eugene F. Brigham,  Joel F. Houston (2009), Working capital management involves search the optimal level of cash, bills receivable, marketable securities and inventories. It includes financing the working capital with least cost. Since most of the buyers using credit cards that neither in-store cash nor bills receivables, best buy are working capital policy focuses on its inventories as well. To keep non interrupt sales its store must be stuffed with adequate materials. Whenever the customers needed the goods they should able to supply it. This relates with deciding what product is more latest and trendy and obtaining hot product with cheep cost and supply to stores. Miraculous development in the field of technology and communication has been changed the entire scenario. The way of managing its inventories is in best way now. Now, real time data is collecting from various stores and departments. Whenever there is a need for inventories and need for outsourcing of inventories, the computer system places the order automatically. In short, incoming and outgoing of inventories are done by the computer packages. If sale of an item is slipping, prices are lowered to reduce stock of that item before the case getting worst. Eugene F. Brigham,  Michael C. Ehrhardt  (2008), Working capital is excess of current asset over current liabilities. Firms are using different kind of policies to manage its working capital as well. Some firm uses relaxed working capital policies and some sues restricted policies. A relaxed working capital policy is that firm keeping large amount of cash and inventories relatively. Here sales are stimulated by the use of credit policy that providing finance to customers very liberally. And the company doesnt take advantage of credit provided by bill payables and accruals. In restricted working capital policy cash, inventories and receivables kept in very low quantity relatively. Here accruals and payables are maximum and NOWC is turned over more frequently. Optimal and moderated working capital policy is between these two extremes. Under the certainty condition, firms keep minimum level of working capital because, sales, cost and payment periods are certain. A large amount will increase the need for external funding without a corresponding increase in profit. Under the situation of uncertainty the picture is completely different. Here the firm must have to maintain a minimum level of cash, inventory. Here the quantity of keeping of working capital would be based on expected sales, expected profit, expected time and so on. Account receivables are determined by credit terms of the business as well. Shashi K. Gupta, Neeti Gupta (2008), Working capital in general practice refers to the excess of current asset over current liabilities. Management of working capital therefore, is concerned with the problems that arise in attempting to manage the current asset, the current liabilities and their inter relationship that exist between them. In other words it refers to all aspect of administration of both current assets and current liabilities. The basic goal of working capital management is to manage current asset and current liabilities of a firm in such a way that satisfactory level of working capital is maintained. That means it is neither inadequate nor excessive. This is so because both inadequacy and excessive position are bad in any kind of organization. Inadequacy of working capital will lead to insolvency and excessive working capital will lead to idle fund which earn no profit for the business. Working capital management policy has important impact in success of a business. In the word of Shubin, working capital is the amount of funds necessary to cover the cost of operating the enterprise. According to Genestenberg, circulating capital means current assets of a company that are changed in the ordinary course of business from one form to another, as for example, from cash to inventories, inventories to receivables, receivables to cash WORKING CAPITAL 2.1 MEANING OF WORKING CAPITAL    Working capital refers to short term fund to meat operating expenses. To quote great Indian financial analyst and scholar Mr. Ramamoorthy, it refers to the funds, which a company must possess to finance its day to day operations. It is concerned with the management of the firms current asset and current liabilities. It relates to with the problems that arise in attempting to manage current assets, current liabilities and their inter relationship that exist between them. If a firm cannot maintain a satisfactory level of working capital, it is likely to become insolvent and may even be forced into bankruptcy.    Working capital refers to that part of a firms capital which is required for financing  Ã‚   short-term or current assets such as cash, marketable securities, debtors and inventories. Funds, thus, invested in current assets keep revolving fast and are being constantly converted into cash and these cash flows out again in exchange for other current assets.   Hence, it is also known as revolving or circulating capital or short-term capital.   In the words of Shubin, Working capital is the amount of funds necessary to cover the cost of operating the enterprise. Types of working capital Working capital Time base Concept base Net working capital or qualitative Net working capital or qualitative Temporary or variable working capital Gross working capital or quantitative Gross Working Capital According to this concept, the total current assets are termed as the gross working capital or circulating capital. Total current asset include; cash, marketable securities, account receivables, inventory, prepaid expenses, advanced payment of tax. This concept also called as quantitative or broad approach. To quote Weston and Brigham, Gross Working Capital refers to firms investment in short term assets such as, cash, short term securities, account receivables and inventories . The concept helps in making optimum investment in current assets and in their financing. According to Walker, use of this concept is helpful in providing for the current amount of working capital at the right time so that the firm is able to realize the greatest return on investment. Significance Gross working capital concept focuses attention on the two aspect of current asset management. They are: 1). Optimum investment in current assets: Investment in current asset must be just adequate to the needs of the firm. On the other hand excessive investment in current asset should be avoided. 2). Financing of current asset: Need for working capital arise due to the increasing level of business activity. Therefore, there is a need to provide it quickly. If there is surplus fund arise that should be invested in short term securities. Net Working Capital Concept As per this concept the excess of current asst over current liabilities represents net working capital. Similar view is expressed by Guttmann, Gerstenberg, and Goel Etc. Net Working Capital represents the amount of current asset which remain after all the current liabilities were paid. It may be either positive or negative. It will be positive if current asset exceed current liabilities and vice versa. To quote Roy Chowdry, Net Working Capital indicates the liquidity of the liquidity of business whilst gross working capital denotes the quantum of working capital with which business has to operate. Significance Net Working Capital Concept focuses on two aspects. They are: 1). Maintaining liquidity position: Excess current assets help in meeting its financial obligation within the operating cycle of the firm. Negative and excess working capitals both are bad to the firm. 2). to decide upon the extent of long term capital in financing current asset: Net working capital means the portion of current asst that should be financed by long term funds. This concept helps to decide the extent of long term fund required in finance current assets. Permanent Working Capital This is the minimum investment kept in the form of inventory of raw materials, work in process, finished goods, stores and spares and book debt to facilitate uninterrupted operation in a firm. Though this investment is stable in short run, it certainly varies in long run depending upon the expansion programs undertaken by the firm. It may increase or decrease over a period of time. Temporary Working Capital Any additional working capital apart from permanent working capital required to support the changing production and sales activities is referred to as temporary working capital. A firm required to maintain an additional amount current asset temporarily over and above permanent working capital. PRINCIPLES OF WORKING CAPITAL MANAGEMENT / POLICY The following are the general principles of a sound working capital management policy: Principle of Risk Variation Risk here refers to the inability of a firm to meet its obligation as and when they become due for payment. Larger investment in current assets with less dependence on short-term borrowing increases liquidity reduces risk and thereby decreases the opportunity for gain or loss. In other words, there is a definite inverse relationship between the degree of risk and profitability. A conservative management prefers to minimize risk by maintaining a higher level of current assets or working capital while a liberal management assumes greater risk by reducing working capital. However, the goal of the management should be to establish a suitable tradeoff between profitability and risk. Principle of Cost of Capital The various sources of raising working capital finance have different cost of capital and the degree of risk involved. Generally, higher the risk lower is the cost and lower the risk higher is the cost. A sound working capital management should always try to achieve a proper balance between these two. Principle of Equity Position The principle is concerned with planning the total investment in current assets. According to this principle, the amount of working capital invested in each component should be adequately justified by a firms equity position. Principle of Maturity of Payment This principle concerned with planning the sources of finance for working capital according to this principle, a firm should make every effort to relate maturities of payment to its flow of internally generated funds. Maturity patterns of various obligations are an important factor in risk assumptions and risk assessments. Importance of working capital management: To maintain sound working capital position is critical and important function for any management. Because the success of business is very much depends on how they manage its working capital. It should keep preserve a sound working capital position by avoiding excessive investment and keeping adequate working capital to meet daily operations. . As pointed out by Ralph Kennedy and Stewart MC Muller, the inadequacy or mismanagement of working capital is one of a few leading causes of business failure. Current assets, in fact, account for a very large portion of the total investment of the firm. Determinants of Working Capital: Working capital requirements of different firms are different. Each firm has own manner to operate with. They would require current asset and current liability as per their type of operation and way of operation. So it is main function of working capital management to determine the level of working capital required. Even though there are no specific set of determinants to decide about working capital, there are some determinants which have been using commonly by the management. They are discussed under: 1). Size of business operation: Size of the business is varying business to business. Size is another most important factor to be considered while determining working capital requirements. Here the size of the business is measured in terms of operation doing by business and not on physical evidence. The amount required as working capital is direct proportion with size. That is if the size of business is large it would require more working capital and it is small it would require less amount of working capital to invest. 2). Nature of business activity: There are some firms which requires very short amount to be invested in fixed asset and more in current asset. Likewise, some firms would require more investment in fixed asset and less in current asset. This is why the nature of business comes more significant while determining the working capital. Trading and financial type of companies would require to invest more in current assets. So while determining the level of working capital investment it should be based on nature or type of business. 3). Business Fluctuations: Demand for the products of each business is fluctuating season to season. So each business has to be made financial planning in advance to have seasonal working capita

Saturday, July 20, 2019

There are No Children Here: Life in the Projects :: There are No Children Here Essays

Life in the Projects Exposed in There are No Children Here The book There are No Children Here by Alex Kotlowitz is a very tough yet emotional book. This book is important to me because it really made me see how fortunate I am to be living in a good and safe environment. In this powerful and moving book, reporter Alex Kotlowitz traces two years in the lives of ten-year-old Lafeyette and seven-year-old Pharoah Rivers as they struggle to beat the odds and grow up in one of Chicago's worst housing projects called Henry Horner. Lafeyette and Pharoah live with their mother LaJoe. LaJoe also had three older children, LaShawn at the age of twenty five was the oldest. She worked as a prostitute from time to time to support her drug habit. The next oldest, nineteen-year-old Paul, had served time in Indiana prison for burglary. Terence, now seventeen, had began selling drugs at the age of eleven and had been in and out of jail. LaJoes youngest kids were a set of four-year-old triplets, Timothy, Tiffany, and Tammie. All eight children had the same father, Paul, to whom LaJoe had been married to for seventeen years. The two had long ago fallen out of love. He lived at the home occasionally The families living conditions were horrible. They lived in a very small apartment which at times had more than ten people living in it. Since LaJoe was a very friendly and considerate person, she brought many kids and adults "under her wing" and took care of them when in need. Some kids in the neighborhood even called her "mom." LaJoe did not have the heart to turn her back on anyone that appeared at her door. All the apartments in Henry Horner were falling apart, many of which were vacant. During the spring of 1989 inspections were taking place in the basements of Henry Horner projects by the Manager, Assistant Manager, and maintenance Superintendant. The reported conditions of the basements shocked me. An estimated two thousand appliances, refrigerators, kitchen cabinets, doors, burners, grates, etc. were standing in pools of water rusting away. The basement was heavily infedsted with roaches and flees. Dead rodents were lying in storage areas. The stench and odor was unbearable. After much fighting LaJoe finally got the Chicago Housing Authority employees to clean the basement.

Malcolm X Richard Rodriguez essay --

Richard Rodriguez in â€Å"The Achievement of Desire† by Richard Rodriguez, displayed his early thoughts on education, how he learned from them as he grew older and how he ultimately alienated his parents do-to the way he went about getting his education. Malcolm X’s path toward education is explained in â€Å"Learning to Read† by Malcolm X. His influences, his beliefs and the actual process of what it actually took for X to become educated is explained in great detail. Malcolm X’s reasoning for wanting to be educated was to be able to reach out to Elijah Muhammad, -leader of The Nation of Islam and present himself as an educated person so Muhammad would be able to take notice. Moreover, Richard Rodrà ­guez wanted to become more educated was due to his parent’s lack of education. In addition, education was Rodriguez’s way of distancing himself from his parents and isolating himself into the world of books. There are some similarities between Malcolm X and Richard Rodriguez, like the fact that they both wanted to overcome their past and make something better of their respective situations through education. For example Rodriguez clearly states that when he was younger and would need help with his homework his parent’s absence of an education limited their abilities to help him and he had to find a way to do it himself. Moreover Rodriguez’s parent’s inability to help him was something that he learned from and later indicated that he changed his process of dealing with his schoolwork and his parents. X similarly to Rodriguez had an experience in his past that he worked to change. The work of X reveals that when X attempted to write a letter to Elijah Muhammad, he could not find the words to write that would accurately express his thoughts witho... ... educated so he decided to bury himself into his studies and leave his family life as an afterthought. Rodrà ­guezes parents were always supportive of him and his academic success but he did not embrace them as he should have. Next, Rodriguez rightly points out that at his graduation ceremonies throughout life his parents would attend and someone would always say that â€Å"your parents must be proud.† and those words always registered with him. Rodriguez’s influences were his teachers during his school years. Rodriguez wanted to obtain the same knowledge that his teachers possessed so he would be able to concentrate on the benefits his education could bring him. Later he realized that he alienated himself from his parents. Rodriguez indicates the time he was in the closet reading a book and his Mother finding him was something he looked back on as one of his regrets.

Friday, July 19, 2019

No Longer at Ease Essay -- Chinua Achebe No Longer at Ease Essays

No Longer at Ease The story explores the conflicts in Obi Okonkwo's life. He is a young man from Eastern Nigeria who has to develop his career in the midst of all his problems. He is pressurised by the men of his tribe, the Umuofia Progressive Union, not to forget his traditions and to pay his dues to they helped him to be educated. He is also faced with the conflict of adhering to the Christian principle his father Isaac Okonkwo, a staunch Christian, raised him with and the seduction of the so-called â€Å"evil Western influences† on the younger Nigeria generation. Moreover he falls in love with a woman, Clara, who is considered by tribe to be from a cursed family. His parents don't approve of his engagement to her and he has to choose between his love for her or pleasing his family and tribe. Loved it No Longer at Ease is beautifully written book about colonialism and the alienating influence it has on those Africans who lose touch with their roots as they try to adapt to the changing times. I enjoyed this rich, challenging and fascinating story. The Usurper and Other Stories, The Village of waiting, Disciples of Fortune, Anthills of the Savannah, Triple Agent Double Cross are some of the other African titles I enjoyed. --------------------------------------------------------------------- 1 star1 star1 star1 star1 star A Sensitive, Complex Novel The title of Chinua Achebe's No Longer at Ease suggests the possibility of a time when there was "ease." The struggles of the protagonist, Obi Okonkwo, a twenty-six year old Umuofian educated in the British Colonial system and at the university in Great Britain, are analogous to the struggles facing Nigerian society during the period at the end of ... ...ose and becomes one of many bribe-taking officials that he formerly despised, leading to a tragic end. In many ways, No Longer at Ease reflects upon the problems facing much of Africa today, corruption and tradition conflicting with progress. The western world may condemn their rampant corruption as Obi first did but it is at the bottom of a spiral of other problems. Chinua Achebe continues to use his characteristically simple style evident in Things Fall Apart for No Longer at Ease. He combines phrases in native languages and uses folk tales to illustrate examples. Unfortunately, the simplicity of the language does not serve to keep the reader's interest completely. At times it feels choppy and almost too simplistic, leaving out details that could serve to further the story. Nevertheless, No Longer at Ease is a remarakble parable of modern Africa. No Longer at Ease Essay -- Chinua Achebe No Longer at Ease Essays No Longer at Ease The story explores the conflicts in Obi Okonkwo's life. He is a young man from Eastern Nigeria who has to develop his career in the midst of all his problems. He is pressurised by the men of his tribe, the Umuofia Progressive Union, not to forget his traditions and to pay his dues to they helped him to be educated. He is also faced with the conflict of adhering to the Christian principle his father Isaac Okonkwo, a staunch Christian, raised him with and the seduction of the so-called â€Å"evil Western influences† on the younger Nigeria generation. Moreover he falls in love with a woman, Clara, who is considered by tribe to be from a cursed family. His parents don't approve of his engagement to her and he has to choose between his love for her or pleasing his family and tribe. Loved it No Longer at Ease is beautifully written book about colonialism and the alienating influence it has on those Africans who lose touch with their roots as they try to adapt to the changing times. I enjoyed this rich, challenging and fascinating story. The Usurper and Other Stories, The Village of waiting, Disciples of Fortune, Anthills of the Savannah, Triple Agent Double Cross are some of the other African titles I enjoyed. --------------------------------------------------------------------- 1 star1 star1 star1 star1 star A Sensitive, Complex Novel The title of Chinua Achebe's No Longer at Ease suggests the possibility of a time when there was "ease." The struggles of the protagonist, Obi Okonkwo, a twenty-six year old Umuofian educated in the British Colonial system and at the university in Great Britain, are analogous to the struggles facing Nigerian society during the period at the end of ... ...ose and becomes one of many bribe-taking officials that he formerly despised, leading to a tragic end. In many ways, No Longer at Ease reflects upon the problems facing much of Africa today, corruption and tradition conflicting with progress. The western world may condemn their rampant corruption as Obi first did but it is at the bottom of a spiral of other problems. Chinua Achebe continues to use his characteristically simple style evident in Things Fall Apart for No Longer at Ease. He combines phrases in native languages and uses folk tales to illustrate examples. Unfortunately, the simplicity of the language does not serve to keep the reader's interest completely. At times it feels choppy and almost too simplistic, leaving out details that could serve to further the story. Nevertheless, No Longer at Ease is a remarakble parable of modern Africa.

Thursday, July 18, 2019

Computer Networks Essay

I. Internet and layered protocol architecture: Q1. (5 points) In the layered protocol architecture the transport layer functionality includes congestion control and error recovery (e.g., retransmission). One suggested that this functionality should be done strictly at the end points (i.e., at the hosts) without aid from the network. Do you agree? Why? Elaborate showing the design trade-offs. Answer: (5 points) In general, error recovery (e.g., re-transmission) is specific to application needs. Some applications require 100% packet recovery, even with delays and jitters (such as TCP-based applications, http, ftp and telnet traffic). Other applications may be tolerant to loss but less tolerant to delays and jitter, such as voice applications. Re-transmissions and packet recovery add to the jitters and the delays and hence may not be desirable for realtime or voice applications. Hence it is not a good idea, in general, to include error recovery at the network layer (that is not aware of application needs) and it is better to implement such functionality at the transport layer end-to-end. In cases of lossy channels in the network (such as X.25 in the early networking days, or wireless links) it may be desirable to reduce the bit error rates on those links by including error recovery at the end points of those links. [In general, most links nowadays have very low BER, and for wireless links the MAC (such as IEEE 802.11) layer provides Ack’ed delivery]. For congestion control, a similar argument may be given. That is, congestion reaction may be application specific and is better implemented end-to-end. Congestion notification, on the other hand, may provide useful information to the end points to react appropriately. Since losses in the network may be due to congestion or other factors, a signal from the network to the end point may help distinguish congestion errors from other errors. Only congestion errors should trigger ‘back off’ or rate cut at the end points. So, network assistance in congestion notification may help in some scenarios. [extra: In other scenarios network assistance may prevent synchronization effects of congestion control, e.g., RED, or may prevent/isolate misbehavior, e.g., WFQ.]. Q2. (5 points) What advantage does a circuit-switched network have over a packetswitched network? How can it establish such advantage? Answer: A circuit-switched network can guarantee a certain amount of end-to-end bandwidth for the duration of a call. Most packet-switched networks today (including the Internet) cannot make any end-to-end guarantees for bandwidth. Circuit-switched networks use admission control, and reserve a circuit (in TDM it is done in the form of an assigned time slot per source that no other source can use). The allocated resources are never exceeded. Q3. (10 points) What are the advantages and disadvantages of having a layered protocol architecture for the Internet? (mention at least 3 advantages and 2 disadvantages) Answer: Is it true that the change in any of the layers does not affect the other layers? (support your answer/arguments with examples) Advantages: Allows an explicit structure to identify relationships between various pieces of the complex Internet structure, by providing a reference model for discussion. Provides a modular design that facilitates maintenance, updating/upgrading of protocols and implementations (by various vendors) at the various layers of the stack. Supports a flexible framework for future advances and inventions (such as mobile or sensor networks). Disadvantages: overhead of headers, redundancy of functions (sometimes not needed) [such as reliability as the transport layer and the link layer, or routing at the network layer and some link layer protocols (such as ATM)] It is true in many cases that the change in one layer does not affect the change in the other layers, but not always. Examples of change that did not affect the other layers: change from FDDI to token ring, to Ethernet at the MAC layer. Examples of change that affected other layers: wireless vs. wired (performance of TCP and routing degraded drastically). Introduction of 802.11 for wireless and ad hoc networks (a change in the physical and MAC layers), does affect in a major way routing at the network layer and the transport layers. In that case, many of the protocols needed re-design. Q4. (10 total points) Design parameters: In order to be able to analyze performance of the Internet protocols a researcher needs to model some parameters, such as number of nodes in the network, in addition to many other parameters. a. Discuss 4 different main parameters one would need to model in order to evaluate the performance of Internet protocols. [Elaborate on the definition of these parameters and their dynamics] b. Discuss 2 more parameters for mobile wireless networks [these two parameters are not needed for the wired Internet] Answer: a. Traffic model temporal and spatial (packet arrival processes, session/flow arrival processes, spatial distribution of traffic (src-dst) pair distribution across the topology), topology/connectivity model, node failure model, membership dynamics (for multicast) spatio-temporal models. [Any reasonable 4 parameters are ok, with 1.5 points per parameter] b. For mobile wireless networks there is a need to model ‘mobility’ (spatio-temporal), and wireless channel dynamics/loss/bandwidth since it changes with time much more drastically than the wired Internet (in which virtually the max bandwidth of a channel/link is static) [Any 2 reasonable parameters are ok, with 2 points per parameter] II. Statistical multiplexing and queuing theory Note: You may want to make use of the following equations: M/D/1: queuing delay ; Ts is service time & Ï  is link utilization M/D/1: average queue length or buffer occupancy M/M/1: queuing delay , buffer occupancy: Q5. (8 points) Consider two queuing systems, serving packets with lengths that have exponential distribution, and the packet arrival process is Poisson. The first queuing system (system I) has a single queue and a single server, and hence the packet arrival rate is X, and the server speed is Y. The second queuing system (system II) has two queues and two servers, and hence the packet arrival rate is X/2, and the server speed is Y/2. Derive a relation between the delays in each of these systems. What conclusion can you make? Answer: (8 points) We use the M/M/1 queue (because the question states Poisson arrival and exponentially distributed service time). For the first system (I): Tq=Ts/(1-Ï )=1/M(1-ÃŽ »/M)=1/Y(1-X/Y), For the second system (II): Tq=2/Y(1-X/Y)=2Tq (of system I) That is, using ‘1’ queuing system performs better than using ‘2’ queues with half of the arrival rate and half of the output link capacity. Q6. (5 points) In an Internet experiment it was noted that the queuing performance of the switches/routers was worse than expected. One designer suggested increasing the buffer size in the routers drastically to withstand any possible burst of data. Argue for or against this suggestion, and justify your position. A6. Increasing the buffer size allows switches to store more packets (which may reduce loss). However, it does not alleviate the congestion. If this was the only cure proposed, then we expect the queues to build up, increasing the buffer occupancy, and increasing the delays. If the build up persists (due to lack of congestion control for example) the queues shall incur losses and extended delays. Delays may lead re-transmission timers to expire (for reliable protocols, such as TCP) leading to re-transmissions. Also, the TTL value in the header of each packet is reduced based on time (and hop count). So, many of the TTLs may expire leading to the discard of packets. So, in ge neral, only increasing the buffer sizes does not help improve the queuing performance. Q7. (7 points) Describe the network design trade-off introduced by using statistical multiplexing and define and describe a metric that captures this trade-off. A7. (7 points: 3.5 for the link between stat muxing and congestion and 3.5 for the trade off metric (network power) and its description). Statistical multiplexing allows the network to admit flows with aggregate capacity exceeding the network capacity (even if momentarily). This leads to the need for buffering and the ‘store and forward’ model. Subsequently, queuing delays and build up may be experienced as the load on the network is increased. Two major design goals of the network is to provide maximum throughput (or goodput) with least (or min) delay. However, these two goals are conflicting. In order to increase the throughput, the congestion increases and so does the delay. In order to reduce the queuing delays then we need to reduce the load on the network and hence the goodput of the flows would decrease. This is the throughput-delay trade off in network design. One metric that captures both measures is the network power=Tput/Delay, as the Tput increases, so does the network power, and when the delay decreases the network power increases. Q8. (8 points) Flows in the Internet vary widely in their characteristics. Someone suggested that in order to be fair to the various heterogeneous flows then we need the different flows to experience the same delay at the different queues. Argue for or against this suggestion. A8. (8 points: 4 points for the constant ratio and the link to the fluid flow model, 4 points for the unfairnes/greed description) In order to provide the same delay for the various flows we need to maintain the rate/capacity ratio constant (this is based on the fluid flow model we introduced in class). Hence, if the different flows arrive at various rates, then the capacity allocation should reflect such variation. The allocation leading to same delays would favor (i.e., allocate more capacity to) flows with higher rates at the expense of flows with low rates. This strategy encourages greed in the network and cannot achieve fairness, where the existence of high rate (large) flows in the network would adversely affect low rate (small) flows in the network by increasing the overall delay experienced by all the flows. Q9. (12 total points) Consider a network that uses statistical multiplexing. The network has ‘N’ number of ON/OFF sources, each sending at a rate of R packets per second when ON. All the sources are multiplexed through a single output link. The capacity of the output link is ‘M’. – A. (3 points) What is the condition on N, R and M in order to stabilize this network? – When the number of sources to be supported is increased from R to 10R, there were two suggestions to modify the network: Suggestion I is to replicate the above system 10 times. That is, create 10 links, each with capacity of ‘M’ handling R sources. – Suggestion II is to replace the link with another link of capacity ’10 M’ B. (9 points) Which suggestion do you support and why? [Argue giving expressions for the delay/buffer performance of each system. Give both the advantages and disadvantages of each case] Answer: ÃŽ ±=ÃŽ »Ã  A. (3 points) The conditions for a stable network are N.R. ÃŽ ± < M, N.R > M, where ÃŽ ± is the fraction of the time the sources are ON (on average) If ‘N.R. ÃŽ ± > M’, then this leads to constant build up of the queue with no change of recovering from congestion (and draining the queue), which would lead to unstable system. B. (9 points) Write down the equations, M/D/1: queuing delay ; Ts is service time & Ï  is link utilization M/D/1: average queue length or buffer occupancy M/M/1: queuing delay , buffer occupancy: The buffer occupancy depends on Ï  only. If Ï  is the same (i.e., the load on the queue server is the same) then the buffer occupancy is the same, Ï  = ÃŽ ». Ts = ÃŽ ±. N. R / M Increasing the bandwidth of the link to 10M means that we can get the same average buffer occupancy in the two systems. In system I we would need 10 times the buffer size as in system II, so system II is advantageous in that sense. (more sharing and statistical multiplexing) In addition, the queuing delay will be decreased drastically (by a factor of 10) where Tq=Ts. f(Ï ) (6 points for the above argument) (3 points) On the other hand the std deviation/fluctuation around the average in the queue size will be higher since it is shared by more number of flows, and hence the jitter will be relatively higher. III. Application layer and related issues Q10. (5 points) (Stateful vs. Stateless) Discuss one advantage and one disadvantage of having a ‘stateful’ protocol for applications. Advantage: The protocol can now maintain state about (i.e., remembers) users preferences (e.g., shopping preferences as in browser cookies), Disadvantage: when failure occurs the state needs to be reconciled (more complexity and overhead than stateless) [other correct and reasonable answers are accepted] Q11. (5 point) (Web Caching) Describe how Web caching can reduce the delay in receiving a requested object. Will Web caching reduce the delay for all objects requested by a user or for only some of the objects? Why? Ans. Web caching can bring the desired content â€Å"closer† to the user, perhaps to the same LAN to which the user’s host is connected. Web caching can reduce the delay for all objects, even objects that are not cached, since caching reduces the traffic on links. Q12. (1 0 points) Discuss three different architectures of the peer-to-peer applications. Give examples of real applications for each architecture and discuss the advantages and disadvantages of each architecture. Ans. 1. Centralized directory of resources/files, as in Napster. Advantage is that search for resources is simple with min overhead (just ask the centralized server). The disadvantages are: single point of failure, performance bottleneck and target of lawsuit. 2. Fully distributed, non-centralized architecture, as in Gnutella, where all peers and edges form a ‘flat’ overlay (without hierarchy). Advantages: robustness to failure, no performance bottleneck and no target for lawsuit. Disadvantages is that search is more involved and incurs high overhead with query flooding. 3. Hierarchical overlay, with some nodes acting as super nodes (or cluster heads), or nodes forming loose neighborhoods (sometimes referred to as loose hierarchy, as in BitTorrent). Advantages, robust (no single point of failure), avoids flooding to search for resources during queries. Disadvantages, needs to keep track of at least some nodes using the ‘Tracker’ server. In general, this architecture attempts to combine the best of the 2 other architectures. Q13. (7.5 points) Push vs. Pull: A. Give examples of a push protocol and a pull protocol B. Mention three factors one should consider when designing pull/push protocols, discuss how these factors would affect your decision as a protocol designer (give example scenarios to illustrate). Answer: A. An example of a push protocol is: http. An example of a pull protocol: SMTP B. The factors affecting the performance of a pull/push protocol include (but are not limited to): 1. access pattern: how often is this object cached and how often is it accessed (example: a push mechanism for a very popular video that is pushed closer to a large population that is going to frequently watch it, would be better than a pull mechanism), 2. delay: what is the delay to obtain the object, and 3. object dynamics: how often/soon does the information in the object expires (example: in a sensor network where the information sensed is constantly changing, but is queried once in a while would be better ‘not’ to push it, but to pull it when needed only). Q14. (7.5 points) We refer to the problem of getting users to know about each other, whether it is peers in a p2p network or senders and receivers in a multicast group, as the â€Å"rendezvous problem†. What are possible solutions to solve the rendezvous problem in p2p networks (discuss three different alternatives and compare/contrast them. Answer: The possible solutions for the rendezvous problem include: 1. Using a centralized server: advantages: simple to search, little communication overhead. Disadvantages: single-point-of-failure (not robust), bottleneck, doesn’t scale well 2. Using a search technique for discovery, perhaps using a variant of a flood (or scoped-flood) or expanding-ring search mechanism. Advantages: avoids single-point-of-failure and bottlenecks. Disadvantages: may be complex, incurs high communication overhead and may incur delays during the search. 3. hybrid (or hierarchy): where some information (e.g., pointers to potential bootstrap neighbors, or pointers to some resources) are kept at a centralized (or replicated) server or super-nodes, then the actual communication is peer-topeer. Advantage: if designed carefully can avoid single-point-of-failure, bottlenecks, and achieve reasonable overhead and delay. Disadvantage: need to build and maintain the hierarchy (can trigger costly re-configuration control overhead in case of highly dynamic networks and unstable super-nodes).

Wednesday, July 17, 2019

A Little Wiggle Room

Today we will be looking at two articles written by University of California Psychology Director Craig Haney. He specializes in the assessment of institutional environments curiously the psychological force- come ins of incarceration.He has written several(prenominal) scholarly articles and is involved in mevery research projects mostly specializing in the put of incarceration and overcrowding, making headway into the judgement of the nitty-gritty an overtaxed system has on an individual.He looks at issues much(prenominal)(prenominal) as recidivism, prison madness, moral and emotional dis founds and the long term personnel of solitary or supermax facilities when inflicted on trim security inmates due to overpopulation.In these two articles empower The Wages of Prison Overcrowding and Prison Overcrowding counter arable Consequences and nonadaptive Reactions I believe Haney tries to not only explain the great buzzer that overcrowding has on an individual as wellspring as the taxpayer, but offers solutions to ease out(a) of the actual trend spending more(prenominal) than(prenominal) tax dollars converting facilities into sleeping quarter.There is a clear association between the parturiency of living space and the occurrence of disciplinary violations. (Haney 2) Haney goes on to point out the occurrence that when a prison is filled beyond its capacity, there is slight of e reallything to go around, make hoarding, violence and tension between prisoners.Prisoners argon force to do without elemental necessities much(prenominal) as showers and toilets being compel to handgrip for availability increasing tension at bottom the facility.Guards argon left futile to condition the already agitated population caused when commonwealth who may already be deficient social skills necessary to function in everyday life are forced to live in close quarters with other(a)s. The current solution most prisons make for is more staff, better armamen ts for the staff, and better correctional measures with which to control the inmates, making the prison more painful and harmful to the inmates.Areas normally close for recreational facilities make way for cut space with basic security modify to inmate idleness and inactivity win worsening the problem.The prisoners are left with less to do and less outlets for releasing tension, the role of prisoner animosity towards each other rises, as well as towards the resistances.Facilities generally used to rehabilitate prisoners, such as education and prison spiel facilities are transformed into bed space, going prisoners with unfilled needs, adding to the problem of recidivism.He has shown that a legal age of prisoners read at or be execrable a third grade level calling them marginally literate (Haney 5) and points out they leave prison in very much the said(prenominal) condition.Unprepared and therefore unable to function as normal productive citizens with a lack of education and basic job skills, they return to their old ship fuckal and end up back interior the system in much the same condition they left prison in.In his articles Haney attempts to inform not just his fellow worker scholars, but also the individual states and penal systems on the effects they are having on the people theYincarcerate.How being pushed through a system too overworked to notice a prisoner with special needs such as mental of emotional disabilities shadower have a serious effect on the people they are forced to live in close quarters with. This eventually leads to a equipment failure of the prisoner moral, leading to dissention, and prison violence.These articles are a great starting point for any discussion into prison life, recidivism, prison overcrowding or assessments on how tax dollars should be spent. I share the authors teaching that if nothing is done and eventual breakdown of the prison system is inevitable.He points out that the current solution, bringing in more weapons and more brutal tactics by guards can have an even worse effect on the individual prisoner, causing low risk inmates into recidivism. Tactics that enforce order and control over inmates rather than better living conditions often worsen violence inside prison walls.Rather than deal with the issues that caused the authorisation violence in the first place they fight fire with fire. While (overcrowding) is not the only cause of the sometimes perilous conditions and potential for abuse that exists in many of our nations prisons, it is a key and critical issue that must be effectively addressed if these other problems are to be solved. (Haney 12)SourcesHaney, Craig. Prison Overcrowding slanderous Consequences and Dysfunctional Reactions. prisoncommission.org. 2 Nov 2008. Commission of Safety and vilification inAmericas Prisons. 3 Feb. 2009 Haney, Craig. The Wages of Prison Overcrowding Harmful Psychological Consequences and Dysfunctional Correctional Reactions. http//l aw.wustl.edu/. 5 Dec. 2008. Washington University Law School. 3 Feb. 2009.