Social Media And Its Impact On Society - 1326 Words

As human beings, it is in our nature to surround ourselves with other people. We are constantly trying to broaden the circumference of our circle of friends. One of the most common ways we do this today is through social media, such as Facebook. Facebook is used as a popularity contest, where we add people just too have more friends on the list than our neighbor. However, true friends are not usually acquired on Facebook. According to the Nicomachean Ethics, Aristotle believes that a real friendship is for its own sake and Facebook friendship concentrate much on amusement and utility. Most people that have a Facebook account have approximately more than 100 friends. Each of those people has a particular relation to each other in one way or†¦show more content†¦If one is not careful, these systems could make contact superficial. Facebook friendship seems to be there for utility, and not for friendship itself. All these virtual contacts are never there to help during times of emotional upheaval and self-doubt. In his Nicomachean Ethics, Book VIII, Aristotle claims that there are three types of friendship: friendships of utility, friendship for pleasure or enjoyment and lastly, friendship for its own sake (274). According to Aristotle, friendships of utility are when you relate to a person as long as that person serves a purpose. When that person stops serving a purpose you have no reason to stay in contact with them. For example, perhaps you are friendly with your coworker because he/she always covers for you when you do not show up for work. Friendship for pleasure, on the other hand, is when you connect with someone because you have similar interest. You seek each other’s company because you get some entertainment from one another. If that starts to dry out, you are likely to distant yourselves. For example, all of the comments, well-wishes and like we can get from our numerous Facebook friends may give us pleasure. However, something feels false about this. Aristotle claims, â₠¬Å"Those who love for the sake of pleasure do so for the sake of what is pleasant to them, and not insofar as the other is the person loved† (284). Only a small number of

Porters 5 Forces of Age Advantage free essay sample

As it has been mentioned before in the external analysis, staffing difficulties is one of the issues threatening the aged care service company. The issue of labor shortages then limits the ability of Age Advantage to recruit key people and add up the bargaining power of suppliers who provide workers for aged care service. As labor costs represent the largest fixed costs for aged care service providers, this can be considered as a threat for the business. 2. Bargaining power of buyer. Based on our research, there is a fair level of choice and options regarding age care service providers in Malaysia resulting in medium level of bargaining power of buyer. However, it is assumed not to be a significant problem for Age Advantage. As with our unique age in place service, we believe that we have a higher degree of competitive advantage compared to other aged care service providers existing in Malaysia. We will write a custom essay sample on Porters 5 Forces of Age Advantage or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 3. Threat of substitutes – LOW The threat of the development of robotics for assisting with health care and aged care can be said as embryonic at the moment as it faces cost and price barriers as well as low social acceptance. Also, the existence of aged home can be said as not hazardous with the trend of ageing people preferring to receive service at home rather than residing in aged care facilities. Hence, the threat of substitutes for this business can be considered as low. 4. Threat of new entrants – LOW The low threat of new entrants is a result of high start-up costs for this kind of business as well as the length of the franchise agreement which could reach up to 10 years as people tend to avoid this kind of too-long-term contract. Besides, adequate training and well-trained labor force is essential for aged care service as this business deals with the life of people. Not forgetting as well the requirement of license approval from the government in order to enter the aged care service industry. As a result, it results in a high degree of entry barriers causing a low degree of threat of new entrants. 5. Intensity of rivalry –As it has been stated previously, there is only a fair level of choice and options regarding aged care service providers in Malaysia. Derived from the research we have done, age in place service is still rare in Malaysia as most aged care facilities have not provided a service of aged care at clients’ own homes. With the competitive advantage we own, it is believed that intensity of rivalry surrounding our business is low as the kind of service we provide is still considered one of a kind in Malaysia. 6. Complementary product We also add up a complementary product like insurance that when released pays the cost of aged care. Therefore, the insurer and their products become the complementor and the consumer gains additional value.

Towards Understanding the Causes of Genetic Diversity

Man, in all his uniqueness, has managed to conquer the world and its inhabitants for thousands of millennia now. Animals and plants have their own unique characteristics too, at least scientifically as well as biologically.Advertising We will write a custom research paper sample on Towards Understanding the Causes of Genetic Diversity specifically for you for only $16.05 $11/page Learn More Scientists and other theorists have been working round the clock to understand the origins and nature of these unique characteristics found in both primate and non-primate organisms (Lahn Ebenstein, 2008). Below, several concepts that are thought to cause genetic diversity are critically evaluated in a bid to offer answers to the myriad of questions on the unique characteristics prevalent in organisms. Genetic diversity is a term mostly used to underscore the â€Å"variation in the nucleotides, genes, chromosomes, or whole genomes of organisms† (Harrison et al , 2004, para. 1). In its most straightforward level, genetic diversity is characterized by variations in the nucleotides, the basic ingredients that forms the DNA contained in the cells of a living organism. The chromosomes residing within the organism’s cells play host to the DNA. Most organisms contain two sets of chromosomes, with a few exceptions that have one, three, or four pairs of chromosomes in a cell. If an organism is diploid (two sets of chromosomes), it means that it has two alleles of each gene (Harrison et al, 2004). Mutation and sexual reproduction comes in since there are the major factors that lead to variation of either one or more alleles contained in each gene (Lewontin, 1995; Harrison et al, 2004). Other biologists and anthropologists are of the opinion that geographical localities and lifestyles are also possible candidates for genetic diversity in primates. Generally, mutations are changes in the structure of the DNA which form the foundation for dissi milarities between related organisms (Lewontin, 1995; TutorVista.com, 2008). Although a single mutation can have an overbearing effect on an organism, most evolutionary variations and spontaneous mutations are as a result of accrual of many mutations in the natural setting. One of the fundamental objectives of all living creatures is to survive. It is therefore imperative for cells to continue reproducing so that the objective can be met (Knight, 2009). During sexual reproduction, an organism inherits alleles from the sperm and ova of both parents.Advertising Looking for research paper on biology? Let's see if we can help you! Get your first paper with 15% OFF Learn More The pairing or copying of these alleles after fertilization to form an offspring can assist to introduce genetic variation which may indeed be of great benefit in the future. This process is called sexual recombination (Harrison et al, 2004; Knight, 2009). An example of such genetic variation can be wi tnessed in the difference in looks between an offspring and its parents. Sexual reproduction introduces the issues of migration and population size. Migration is the progression or movement, in most cases within organisms (USDA, 2006). The chromosomes inherited by the offspring from the parents are bound to change more if there has been a case of migration or hybridization (Harrison et al, 2004). This is especially so if parents of the offspring happen to come from different populations, and therefore posses dissimilar gene pools. In plants, genetic diversity via migration takes place through pollen dispersal or grafting of vegetative stems. Lastly, sexual reproduction, in altering genetic diversity, allows organisms to increase their population size with the aim of maintaining a high competitive advantage over the others (Harrison et al, 2004). This is crucial for survival. Sexual reproduction has the capacity to introduce new and more advanced gene into a population. The essence o f this type of gene shuffling is yet another fundamental foundation for genetic diversity. It cannot escape mention that genetic variation also occurs when alleles of two or more sets of populations mix through migration incase of primates or via pollen and seed dispersal via non-primates (USDA, 2006). It is therefore true to say that genetic diversity is in a constant mode of change – both through time and across geographical localities. Reference List Harrison, I., Laverty, M., Sterling, E. (2004). Genetic Diversity. Retrieved from https://cnx.org/contents/b8pd-bDN@2/Genetic-Diversity Knight, J.C. (2009). Human Genetic Diversity: Functional Consequences for Health and Disease: Oxford University Press. ISBN: 9780199227693Advertising We will write a custom research paper sample on Towards Understanding the Causes of Genetic Diversity specifically for you for only $16.05 $11/page Learn More Lahn, B.T., Ebenstein, L. (2008). Let’s celebrat e human genetic diversity. Nature, Vol. 461, pp. 726-728 Lewontin, R. (1995). Human Diversity, 2nd Ed. W.H. Freeman Company. ISBN: 0716760134 United States Department of Agriculture. (2006). Why is Genetic Diversity always Changing? Web. This research paper on Towards Understanding the Causes of Genetic Diversity was written and submitted by user Dario Harrington to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Economic concerns in the aftermath of terrorism

Economic concerns in the aftermath of terrorism Introduction Terrorism is one of the major challenges threatening the existence of societies in different parts of the world. Acts of terror have been in existence for centuries. Currently, governments are facing terrorism from domestic and transnational sources (Gaibulloev Sandler, 2009). Various scholars have tried to define the term terrorism, thus leading to numerous definitions.Advertising We will write a custom research paper sample on Economic concerns in the aftermath of terrorism specifically for you for only $16.05 $11/page Learn More Gaibulloev and Sandler (2009) define terrorism as â€Å"premeditated use or threat to use violence by individuals or sub-national groups in order to obtain a political or social objective through the intimidation of a large audience beyond that of the immediate victims† (p. 362). Gaibulloev and Sandler (2009) further opine that modern terrorism is intended to cause harm to a particular society in order to comp el the targeted government to give in to their demands. Therefore, terrorists try to achieve their goal by circumventing democratic processes. Acts of terror may result in adverse economic and or human losses. For example, the al-Qaeda terror network advocates its supporters to attack critical economic centers. Gaibulloev and Sandler (2009) are of the opinion that such losses expose governments’ incapability to protect their citizens and assets. As a result, the public may lose confidence on their government. In addition to social impacts, terrorism has significant economic impacts on society. Therefore, it is imperative for the government to integrate effective mechanisms to curb this social ill. This paper focuses on the economic dimension of terrorism by describing and critically analyzing the economic concerns due to terrorism. Analysis Direct economic costs According to Johnston and Nedelescu (2005), terrorism has undergone significant changes over the past few years. Te rrorists are targeting civilians and business activities leading to substantial destruction of property and loss of life. The Organization for Economic Cooperation and Development (OECD) estimated the direct cost of the 9/11 terrorist attack to be $ 27.2 billion, which represents 25% of the country’s Gross Domestic Product. Local and Foreign Direct Investment (FDI) Local and Foreign Direct Investment (FDI) are some of the major avenues through which governments stimulate their countries’ economic growth and development. According to Alfaro (2003), both the developed and developing economies are increasingly offering incentives to foreign investors in order to attract them to invest in their countries.Advertising Looking for research paper on political sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More FDI has positive impacts on the host country’s growth and development efforts (Carkovic Levine, 2004). F irst, FDI results in the transfer of knowledge and technology to the host country, thus jumpstarting its economy. Terrorist attacks diminish the attractiveness of a particular country to investors, which arises from an increment in the degree of uncertainty with regard to foreign direct investments. Terrorism may result in the destruction of essential infrastructure. For example, the attack on London’s financial district in 1992 by the IRA terrorist group resulted in damages worth  £ 800 million. Additionally, the attack conducted on London’s railway network in July 2005 resulted in damages whose cost was estimated to be  £ 1 billion (Gaibulloev Sandler, 2009). Such destructions may lead to increment in the cost of operation. Moreover, investors may be forced to integrate private security measures in order curb terrorism, which may affect the productivity of a company adversely. Terrorism may also increase the cost of doing business, thus hindering a countryâ€⠄¢s economic growth. For example, companies may be forced to pay higher insurance premiums (Gaibulloev Sandler, 2009). The aviation industry is one of the industries that have been greatly affected by insurance premium hikes. However, other sectors such as tourism, transportation, and the energy sector have also been affected (Organization for Economic Development and Cooperation, 2002). Secondly, firms may experience a challenge in their efforts to recruit the necessary workforce, which arises from lack of incentives to work in a country that is prone to terrorism. Therefore, the performance and productivity of companies may be affected adversely by terrorism. Considering the fact that investors are risk averse in their investment process, they may decide to redirect their local and foreign direct investments to countries that are not prone to terrorism. For example, the success of the European Union depends on the extent of the developed investor confidence. Disruption of investo r confidence is likely to lead to the member states experiencing low Gross Domestic Product (GDP) due to change in investment behavior. Moreover, lack of investor confidence may also lead to a decline in asset prices.Advertising We will write a custom research paper sample on Economic concerns in the aftermath of terrorism specifically for you for only $16.05 $11/page Learn More Johnston and Nedelescu (2005) further opine, â€Å"Falling investor confidence may trigger a generalized drop in asset prices and a flight to quality that increases the borrowing costs for riskier borrowers† (p.32). This aspect may adversely affect a country’s economic growth. Public spending Government spending is another major macroeconomic element that is influenced by terrorism. Government spending refers to the expenditure that is incurred by a particular government in the process of providing goods and services to the public. According to Gaibulloev and Sandler ( 2009), terrorism increases government spending in a number of ways. Governments are forced to increase their expenditure in an effort to implement various defensive and proactive actions to counter terrorism. Such campaigns may entail an effort to capture the terrorists. Herendeen (2008) asserts that investments on such security measures may crowd investment in some economic sectors such as health, infrastructure [canals, bridges and highways], and education. The 2001 terrorism attack in the US stimulated the US government to invest a substantial amount in research and development on military projects. Similarly, member states of the Organization for Economic Cooperation and Development (OECD) increased their investment on counter-terrorism mechanisms. Therefore, governments shift their focus from economically productive sectors. According to a survey conducted by the Organization for Economic Development and Cooperation in 2002, a 1% increment on military security spending, reduces a countries spending by 0.7% within five years. Terrorism in the less developed countries may also limit the amount of grants and donations received from the developed countries. This aspect arises from the fact that donors may develop a perception that their donations will be diverted to finance military projects rather than projects aimed at alleviating poverty (Gaibulloev Sandler, 2009).Advertising Looking for research paper on political sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More In an effort to raise the funds necessary to counter terrorism, the less developed countries may adopt measures that might increase the rate of inflation. For example, governments might produce their domestic currency. According to Bruck (2007), public spending during the conflict period increases significantly. This trend continues during the years preceding acts of terror. As a result, a country’s macroeconomic stability is affected by the high rate of inflation and increase in the budget deficit (Bruck, 2007). Financial market According to Bruck (2007), financial markets play a critical role in a country’s economic growth as it stimulates the flow of investment capital and savings. As a result, production of products and services and continuous restructuring of a country’s economy are enhanced despite the fact that their financial markets are facing a major threat due to terrorism. According to Johnston and Nedelescu (2005), terrorism affects the operations o f financial markets in a number of ways. One of these ways entails disruption of the financial market infrastructure such as the communication systems. For example, J.P Morgan Chase and the Bank of New York are some of the major clearing financial institutions in the US. The two institutions were forced to relocate their operations to their backup sites after the 2001 terror attack. Their relocation was occasioned by the fact that their headquarters were located near to the World Trade Center, which was hit by terrorists. Disruption of operations in the two financial institutions forced the firms to resort to manual processing of securities and other financial transactions. This move led to significant delays in the process of clearing various financial transactions. Consequently, the degree of uncertainty in the financial institutions’ ability to address the customers’ liquidity needs was increased. Mueller and Stewart (2011) assert that terrorism affects the stabilit y of financial markets, and this aspect has adverse effects on stock prices. The 9/11 terrorist attack led to heavy disturbance in the global stock exchange market. For example, stock prices in the European stock market declined with a 9% margin. The decline in stock prices arose for the insurance, tourism, and the airline industries were affected adversely. The European stock market was also adversely affected by the Madrid bombings. The insurance industry is greatly affected by terrorism compared to the stock exchange market and the banking industry. For example, it is estimated that the US insurance industry incurred a loss of $ 30 and $ 50 billion following the 9/11 terrorist attack. Such huge financial losses may result in some companies going into bankruptcy, as the parties affected by terrorism may claim compensation, which the insurer might not be in a position to cover. Impact on supply chains Developing an effective supply chain is imperative in a country’s economic growth and the government should focus on three main facets of supply, which include information, material, and funds (Organization for Economic Development and Cooperation, 2002). After the 11 September 2001 terrorist attack in the US, the US government halted the country’s air transport system for four days. The decision to halt the air transport hinged on the need to tighten the country’s security measures. Immediately after the terror attack, the US government closed the border between Canada and the US. It is estimated that approximately 500,000 vehicles cross the border daily. Moreover, the volume of trade conducted through the border between Canada and the US is estimated to be $ 1.4 billion daily. Traders incurred opportunity cost due to the long waits. The automobile companies were the worst affected, which arises from the fact that the just-in-time supply chain was broken down. Moreover, companies that deal with perishable goods experienced huge losses due t o the long wait during security checks. The terrorist attack did not only affect the US firms, but also firms in other countries that conduct bilateral trade with the US. For example, a number of companies in Canada were shut down following the 2001 terrorist attack (Organization for Economic Development and Cooperation, 2002). Terrorism disrupts the cost of supply chains by increasing transportation cost. Most air and water transportation companies have increased the cost of transportation. For example, the US government requires all international shipments to be subjected to inspection by the Coast Guards. Additionally, the ships are required to be escorted by tugboats and on the other hand, airfreight companies have incorporated high commercial insurance premiums. Additionally, the cost of airfreights in some terrorist prone regions is also increased by war surcharges. Sandler and Enders (2008) assert that exports are affected adversely by terrorism due to increment in the cost o f transaction. Sandler and Enders (2008) further opine, â€Å"A first terrorist incident reduces bilateral trade by 8%† (p.5). If a country becomes vulnerable to terrorism, the volume of bilateral trade is adversely affected. Conclusion The paper ranks terrorism as one of the major challenge faced by all governments around the world. Currently, terrorism has undergone significant changes and the perpetrator’ targets have also changed. Terrorists are not only targeting major installations, but also civilians. Therefore, it is essential for governments and other stakeholders to address this social ill conclusively. In addition to addressing the social impacts associated with terrorism, it is imperative for governments to take into account the economic aspects highlighted in this paper. The analysis shows that terrorism has adverse effects on a country’s economic growth and development. First, terrorism leads to substantial loss in governments’ effort to cle ar and reconstruct critical infrastructures that are damaged by terrorist acts. Additionally, terrorism diminishes the attractiveness of a country to investors, which arises from the fact that investors lose confidence on the security of their investment. Lack of confidence may force investors to shift their investments to other countries that are less prone to terrorism and have a high degree of certainty. Terrorism also results in an increment in the volume of government spending. Governments spend a lot of money in developing and implementing mechanisms aimed at countering terrorism. As a result, funds are shifted to activities that have a low economic value. Financial markets, which are a critical component in a country’s economic growth, are also affected by terrorism through disruption of communication systems. Terrorism may also force some financial institutions such as insurance companies into bankruptcy. The supply chains are also affected adversely by terrorism. Suc h effects may limit a country’s ability to achieve its macroeconomic goals. Recommendations In order to address the negative economic effects associated with terrorism, it is imperative for governments to integrate effective counter terrorism mechanisms. Some of the issues that governments should focus on are outlined below. Governments should integrate tighten their security mechanisms. For example, governments should conduct a comprehensive background checks on the parties involved in the supply chain. Such measures are important despite the fact that they may increase the cost of doing business. This aspect arises from the fact companies will be forced to shift from just-in-time inventory management model to just-in-case buffers to minimize disruptions in the operation of companies due to lack of raw materials. It is imperative for governments to collaborate with one another in their quest to counter terrorism, as terrorism does not only affect the target country but also the country’s trade partners. Reference List Bruck, T. (2007). The economic analysis of tourism. New York, NY: Routledge. Carkovic, M., Levine, R. (2004). Does foreign direct investment accelerate  economic growth. Retrieved from https://piie.com/publications/chapters_preview/3810/08iie3810.pdf Gaibulloev, K., Sandler, T. (2009). The impact of terrorism and conflicts on growth in Asia. Economics and Politics, 21(3), 359-370. Herendeen, J. (2008). Issues in economics: an introduction. Lanhan, MD: University Press of America. Johnston, R., Nedelescu, O. (2005). The impact of terrorism on financial markets. New York, NY: International Monetary Fund. Mueller, J., Stewart, G. (2011). Terror, security and money: Balancing the risks,  benefits and cost of homeland security. Oxford, UK: Oxford University Press. Organization for Economic Development and Cooperation. (2002). Economic  consequences of terrorism. Retrieved from https://www.oecd.org/eco/outlook/1935314.pdf Sa ndler, T., Enders, W. (2008). Economic consequences of terrorism developed  and developing countries: an overview. Retrieved from utdallas.edu/~tms063000/website/Econ_Consequences_ms.pdf

Do Recruiters Read Your Resume Summary Profile Sections

Do Recruiters Read Your Resume Summary Profile Sections When I first started writing resumes, I was completely against resume summaries. I found them bland, boring and unpersuasive. Why write a summary when the real stuff is in the experience sections and bullets? I felt the same way about Skills sections. Anyone can list a bunch of skills, so what’s the point? Well, over the years, my tune has changed. The resume summary (or profile), and even the list of skills, provide a quick context for the reader that makes the rest of the resume make more sense. And the summary does not have to be boring! Ideally it will include accomplishments and career highlights that grab attention rather than set the reader on snooze. The Word from Recruiters on Resume Summaries But what I think really doesn’t matter. What matters is what recruiters and hiring managers think. That’s why I was excited to receive an article in my inbox from Career Directors International titled Recruiter Voice on Resume Summary Profile Section. I’m linking to it here, but you won’t be able to view it (or any of the many valuable articles in the CDI library) unless you’re a CDI member. Here’s a summary of what recruiters have to say on the topic of resume summaries. Do Recruiters Read the Summary Profile Sections on Your Resume? The answer is YES, thankfully, as I have been writing these for every client for 9 years. Here are some opinions and insights that you should know: Start off with the title you’re going for. And be careful to match your job title to the job you’re applying to – not to a completely different one. Include relevant strengths, years of experience, and a sense of your personality/soft skills. Don’t be afraid to toot your own horn. Highlight your successes! Provide a sense of where you’re going next. Differentiate yourself in the summary from other candidates. Customize the summary for the position you’re applying for. One size does NOT fit all. Tell your (short) story – keep it to 5 lines or less! Show off how well you put ideas together in writing. Make it flow. This is NOT an old-style â€Å"objective† statement. It’s NOT about what you want. It’s about what you will offer to the company. Remember humans will read this. Be personable! Describe your transferable skills and industry knowledge here if you have them and need to prove you qualify for the position without a specific requested skill or experience. Give the reader a sense that you can solve the problem they have. Don’t wait for the bullets to demonstrate your efficacy. Be attentive! That means no typos or grammatical errors. Here are some sample resume summaries that I think succeed in doing what the recruiters in CDI’s article recommend. As you read these, consider how your resume summary compares. Senior IT / Technology Executive Aligning Business and Technology to Increase Revenue, Expand Reach, and Deliver Results IT leader defining advanced technology strategies, architectures, and security solutions for renowned retail organizations including Amazon.com subsidiary ABC and Famous Footwear. *** Globally minded: leverages resources, offshore development teams, and partnerships to accelerate revenue, enhance transparency, and propel growth. Operations Manager | Global Supply Chain Director | Business Analyst Transformational executive leader with 20 years’ experience in supply chain, logistics, and operations (PPG, NewPage, Mead). Utilizes technology to drive profitability through improved processes and lower costs. Applies SOP expertise to guide ERP transitions (Oracle, SAP), integrate siloed divisions, and optimize operations, sales, marketing, manufacturing, and customer service. Leverages proven strategies to change culture in service of the company vision. Senior IT Project Leader – Healthcare ERP Systems ERP Implementations – Oracle / Lawson / PeopleSoft / Cloud / Epic EMR / Cerner EMR IT/ERP project manager who has delivered 30 major ERP and related enterprise-level business-systems projects globally with IBM, HP, and Big 4 consulting firm Deloitte across healthcare and medical device sectors. Healthcare ERP expertise with strategic implementation projects for hospital systems, healthcare providers, government health systems, and biotech companies. - EPIC PROJECT MANAGER CONSULTANT - Improving clinical operations through technical expertise, people focus, and knowledge of hospital workflows Project leader and innovator with 13 years in Epic’s Implementation Services Division who understands the challenges of healthcare environments, and partners with nurses, ancillary staff, and other stakeholders to enhance usability and engagement. People-centric approach allows for clarity and empathy in setting expectations, bridging IT and operational priorities, and working with users to embrace new processes. Strategic Sourcing Operations Executive VP / Director Global Strategic Sourcing | Capital Project Management | Process Engineering | Capital Finance 20+ years’ leadership across clean tech, biotechnology, pharmaceutical, food, technology, chemical, real estate. Experience spans small to large operating, consulting and technology companies including Amgen ($83B market cap), Jacobs Engineering ($7B market cap), Amyris ($200M market cap) and venture-funded start-ups. Knowledge of multiple capital service and chemical markets including US, China, India and Japan. Consistently enhances efficiencies, extract value and add to the bottom line. How is your resume summary looking to you after reading these examples? If you see room for improvement, contact us – or if you do it yourself, please send your â€Å"before† and â€Å"after† resume summary to info@theessayexpert.com. We want to see the transformation! Need help with your resume summary? Let the professional writers at The Essay Expert make you look good on paper. Check out our resume writing services.

Evaluate the role of theory in explaining corporate risk management Essay

Evaluate the role of theory in explaining corporate risk management practice - Essay Example There has been a vivid changes occur in the functions of risk management in corporations. In the past risk management was known as the activities connected with the purchase of insurance. Treasurers also carried out the duty of risk management, but their focus was on prevarication interest rate and foreign exchange risks. With the passage of time, corporations have taken into account other types of risk. On the other hand, corporations started to pay more attention to operational risk and reputation risk. Presently, strategic risks have been added to the categories of risks. The duties of the board in examining risk measures and setting restrictions for these measures are greater than before at many corporations. With the help of hedging, organizations can get rid of their experience to many risks at low cost. For example, a foreign exchange hedging program that makes use of forward contracts has usually very low transaction costs. If the hedging is inexpensive, then there is no good economic explanation for an organization not to hedge economic risks if it faces the risk of cash flow deficits that could force it to give up important projects. Many corporations face risks that they cannot beneficially arrange in the capital markets or other urbanized risk transfer markets. We can better explain it with the help of an example, an organization that discovers a mode to develop its business beneficially cannot hedge economically many of the risks from doing so. The organization recognizes the risks from the development superior than anybody else. If it finds a technique to hedge these risks, its hedging costs will be increased because possible counterparties will want to be compensated for trading with an improved knowledgeable party and for building models to judge the risks they would hedge. Agency theory is one of the most instructive, practical, and

Module 10 World Alliance vs. World ChaosAmerican Foreign Policy in the Essay

Module 10 World Alliance vs. World ChaosAmerican Foreign Policy in the Twentieth Century - Essay Example The Vietnam War was never, at any stage of the conflict, popular with the American public and, indeed, the strikes and protests against this war are as much a part of US history as is the war itself. Given the undeniable unpopularity of the war, one can only assume that the United States' leadership had a rationale for involvement in this conflict. Accordingly, in order to arrive at an objective conclusion regarding the United States' involvement in this war, the political and historical context of the conflict shall be considered, following which the two alternate points of view shall be presented for determination of their respective strengths and weakness. The Vietnam War has its roots in the Viet Minh's struggle for the independence of Vietnam from Japanese control during the Second World War. The leader of this struggle, Ho Chi Minh, was a communist national who, although independent of USSR control, maintained friendly and cooperative relations with Moscow. Despite alliance with the Soviet Union, however, the United States actively supported Ho Chi Minh's bid for independence and, in assertion and affirmation of its support, the United States even trained Ho Chi Minh's guerilla fighters, preparing them for the seizure of their country and the declaration of Vietnam independence following World War II. Following Following the surrender of the Japanese Imperial Army in World War II, several factions emerged, demanding control over an independent Vietnam. The Japanese, however, awarded the Viet Minh control over the country and, on 2 September 1945, Ho Chi Minh declared his country's independence from French colonialism, expressing his confidence and hope in US support. There were several reasons for Ho Chi Minh's confidence. The first was the support which the United States had extended him in the training of Viet Minh guerillas. The second was the United States' opposition to European colonialism and support for independence. In other words, there was a string foundation for Ho Chi Minh's belief that the United States would support his government. The United States' international relations' priorities and agenda, however, underwent a significant shift following World War II and it did not support the Viet Minh. The Cold War had begun and the United States, who perceived of the world as being divided into two camps, the communist and the capitalist camps, was determined to curb the power of the Soviet Union. It saw the Soviet Union as a real threat to the West, to the United States and was utterly convinced that should it allow Vietnam to fall to communism, it would be directly contributing to the growth of Soviet Union and would be facilitating the domino effect, wherein one country after the other would fall to communism. The United States did not simply change its strategy vis--vis Vietnam and its earlier support of Ho Chi Minh, but went to war in order to ensure that Vietnam did not fall to communism, hence Soviet influence. Leadership of Vietnam became indeterminate. The United States was opposed to ho Chi Minh and Moscow supported him. Eventually, in the Geneva Conference of 1954, the country was partitioned until such a time hen national elections could be held and decides upon leadership. The United States chose Ngo Dinh Diem, an avowed anti-communist as the leader of