The Theory and Practice of Investment Management Essay

The Theory and Practice of Investment Management - Essay Example The calculations are appeared in the accompanying table. Table no.1 Number of agreements important to be supported Contract Amount $ 7,500,000.00 Hedge Ratio 0.5 Price 97 No of agreements 38660 Part 2 I. So as to close the position, the organization should purchase fates contracts for March 2013, at the cost 97.6. II. The exchange on the prospects showcase brought a misfortune equivalent to: no of agreements *(selling value purchasing cost). The calculations are appeared in the accompanying table. Table no.2 Final situation from the fates exchange Price (short position) 97 Price (long position) 97.6 No of agreements 38660 Loss $ - 23,195.88 Part 3 I. The connection between the cost of things to come contract and the financing costs available is an opposite relationship. Along these lines, for this model, the cost of things to come contract has brought suggesting a decrease up in the loan fee. II. The organization has fixed its acquiring cost uniquely for half of the introduction. The powerful obtaining cost is processed as: r= 100-97= 3% So, the organization will get cash at 3%. III. The organization didn't fence all the dangers required by the exchange above. Right off the bat, it just supported half of its loan cost introduction. Also, dangers identified with changes in the chief obtained, or the money wherein this one is communicated are not supported. Question 2 There are different speculations identified with profit arrangements. One of the most significant hypotheses in this issue is the insignificance proposition of Modigliani and Miller (Fabozzi and Drake, 2009). Under specific suspicions, Modigliani-Miller contends that profit strategy is unimportant (no duties, no exchange costs, no issuance costs, no insider data, a fixed venture strategy). At the end of the day, the management’s choice to change profit esteem doesn't decide a move in firm worth too on the grounds that the investor riches is dictated by the salary produced through the venture strategy of the firm, and not the manner in which the firm conveys the pay (Miller and Modigliani, 1961). Another hypothesis depends on the â€Å"bird - in †the-hand† speculation. This expect the money related markets are portrayed by vulnerability and blemished data, and along these lines, profits ought to be considered uniquely in contrast to held income. In addition, all financial specialists would need to get profits for example money (â€Å"bird-in-the-hand†) instead of future capital additions from the advancement of the stock (â€Å"two in the bush†). In this way, a firm which offers a high profit proportion would convey great signs to the market, helps the financial exchange, lastly expands the firm’s esteem (Walter, 1963). A hypothesis which negates the â€Å"bird-in-the-hand† hypothesis depends on the assessment impact speculation. This hypothesis expresses that a lower profit strategy would bring down the expense of capital of the f irm and along these lines increment the stock worth and the investors riches (Bajaj and Anand, 1990). The beginning stage for this end is thinking about the higher tax assessment from profits contrasted with capital increases. Besides, the profits are burdened just after are paid, while capital additions are burdened until the snapshot of sell. This thought of duty points of interest of capital increases contrasted with accepting profit decide financial specialists with be pulled in of organizations with higher held income than a higher profit strategy (Pettit, 1977). Considering the organization Swan Dane Ltd., which is keeping steady a high profit strategy, can be bolstered by the â€Å"

Paul is an Artist of International Fame Essay Example | Topics and Well Written Essays - 750 words - 7

Paul is an Artist of International Fame - Essay Example He will be with us in Houston, for two days. The gathering setting is at Richmond.† On the finish of the primary day of the class, at my request, Paul uncle gives a concise presentation about his craft. â€Å"The supporting UNO organization has made all the game plans for my boarding and housing. I detest the atmosphere of remaining in a 5 Star lodging. I eat straightforward home food. I live with my three kids and we have a familial house in a two-section of land plot in suburbia of Port-au-Prince.† â€Å"My youngsters are hitched, and we live as a joint family. My two children are not keen on this employment and the oldest one takes a restricted enthusiasm for this workmanship which is brimming with intricacies.† But when all is said in done, Paul gives loads of data on the copper-craftsmanship and the current state of craftsmanship in Haiti. â€Å"Many conventional artistic expressions of Haiti are dying in some horrible, nightmarish way with no energy about veritable craftsmanship and need shine approach of the Government specialists. Materialistic human progress has affected life in all the portions of life. Individuals have lost love for craftsmanship. By seeking after this as craftsmanship as an employment, it is hard to squeeze out a living†¦.my youngsters are correct maybe to seek after elective vocations, where there is cash. My subsequent child has just moved to Australia. † I visit him following 5 years. His home is on a hillock in the removed rural areas of Haiti. He has issues in remembering me yet with the notice of â€Å"Houston,† he grasps me. We talk a great deal about Haiti craftsmanship and his copper plates and pitchers specifically. He shows a portion of his hundreds of years old family assortments of pitchers. At the point when I reveal to him that â€Å"Traditional Art of Haiti† is one of the subjects that I instruct at the school level, he is significantly interested. Â

[Guest Post] Those Kids in Uniform

[Guest Post] Those Kids in Uniform Hi all! My name is Catherine J. ‘22. I’m studying Computer Science (Course 6-3) and I’m a sophomore cadet in Air Force ROTC.   ROTC is an amazing program and a huge part of my life. However, it’s hard to understand what ROTC is unless you’re in it or you’re familiar with the military. I wanted to answer some of the questions I get the most, and provide specific information about the rewarding experience of being a cadet here at MIT.   So what actually is ROTC? ROTC stands for Reserve Officers Training Corps. Basically, it’s training to become an officer in the U.S. Military. ROTC gives students the opportunity to complete that training while they are in college, so that they can commission at the same time as their graduation.     Here at MIT we host ROTC programs for three branches of the military: Navy, Army, and Air Force. Since I am an Air Force cadet, I complete their training curriculum and attend their activities. At last week’s LLAB, we worked as a team to learn “Wargaming,” which is like a more complex game of Risk but with actual Air Force assets. It mimics the operations of the Air Force in areas of conflict. Are you required to join the military after graduation?   The short answer is yes. If you finish ROTC, there is a four-year active duty commitment (for most careers some careers like pilot have longer commitments). However, if you are not on an ROTC scholarship and just want to give the program a try, you can do so with no obligation freshman and sophomore year.   After sophomore year, you go to Field Training and commit to finish ROTC and commission. Field Training is specific to Air Force ROTC and other services have a different training structure, but all require military service upon completion of the program. What does your week look like?   [Monday 3-4pm] ROTC Class: Yes, we actually do have a class class. You go to the Air Force Classroom which looks like your typical high school classroom, except wayyyy cooler because it’s decked out with pictures of fighter jets. Freshman year you cover a lot of introductory material and basic information about the Air Force. Sophomore year is all about leadership skills. Junior and senior year class is slightly longer, and you learn about how doctrine, strategy, and leadership fit together and you prepare for commissioning.   [Tuesday 3-5pm] Leadership Laboratory (LLAB): LLAB has more hands-on activity, like drill (basic marching), team building exercises, and introductory combat skills. The goal of LLABs varies year to year: freshman year it’s learning, sophomore year it’s preparing for Field Training, and junior and senior year it’s practicing your leadership skills. Juniors and seniors are in charge of actually planning and running LLABs. At this LLAB last Fall, we learned how to administer emergency care to a fallen pilot. [Wednesday 7-8 am] Physical Training (PT): What we do varies from week to week and day to day. However it mostly centers around training to pass the Physical Fitness Assessment (PFA) each semester, which is required to stay in the program. The PFA consists of 1 minute of push ups, 1 minute of sit ups, and a 1.5 mile run. We just took this semester’s PFA in mid-October. I’m happy to say that each time I’ve taken the PFA I’ve gotten a better score than the last time, so whatever workouts they give us in PT sessions seem to work for me!   [Friday 7-8 am] Physical Training (PT): same as above Is there a summer commitment? I feel the need to emphasize that this varies greatly between the branches, so I can only speak for Air Force. Air Force only has one required summer commitment: Field Training.   During your sophomore year, you apply for a slot to go to Field Training, which is 2 weeks of boot-camp style training. You get yelled at a lot and evaluated on things like drill and leadership skills. Every cadet has to successfully complete Field Training in order to commission. As previously mentioned, I’m currently a sophomore, so I will attend Field Training this summer :) Other than that, your summers/IAP are free to do whatever you want! However, AFROTC has many opportunities to fill your summers if you want to. These range from spending a couple weeks on an Air Force base learning the daily life of an officer, to spending an entire summer abroad learning a language like Russian, Arabic, Mandarin, Korean, or Swahili. I think this is one of my favorite things about ROTC. I never feel the same pressure as other MIT students to attend career fairs, apply excessively to internships, or network with companies. I have the peace of mind that a job is waiting for me on the other side of graduation, and I can make schoolwork my priority. I only take internships and opportunities that I actually think I will learn from, and the Air Force provides me with additional options for expanding my skills that are only available to cadets.   What’s your favorite part of ROTC?   Besides what I mentioned above, this sounds really cliche, but meeting amazing friends has been my favorite part of ROTC. The program has given me the unique ability to meet and maintain relationships with students from Harvard, Tufts, and Wellesley because all those schools feed into our ROTC detachment at MIT. In the Air Force, being a good “wingman” is something highly valued, so friendship and teamwork are both very strong.   So are you going to fly planes?   While many cadets go through the program hoping to be selected for the coveted pilot slot during their junior or senior year, that does not interest me all that much. My dream job in the Air Force is a Cyber Warfare Operations Officer. I’m lucky that the Air Force has such a wide range of opportunities, and I’m able to serve my country in a way that I find exciting and matches my skill set. There’s way too many jobs for me to list them all, but here’s a link if you want to browse through them.   That’s all! Thanks for reading this super long post. If you have any questions you can comment below and I’ll try my best to answer them.

Comparing the Beliefs of Martin Luther King and Malcolm X...

Comparing the Beliefs of Martin Luther King and Malcolm X By April 1968, two of the worlds most remembered civil rights leaders, who fought for a difference in black America, had been assassinated. Despite their different beliefs and their different ways of promoting this message, they both had the same goal in mind; to promote black respect and pride. The visionary and angry voices of Martin Luther King Jr., and Malcolm X together transformed theological thinking in the African-American community. Martin Luther King Jr. believed that all blacks and whites should be treated equally as it was written in the Constitution and the Declaration of Independence. In his most renowned speech, ‘I Have a†¦show more content†¦He also believed in non-violent protests such as ‘sit-in’s’, freedom marches, speeches against injustice and silent protests, he believed that it was never right to use violence because this does not express the love of God, it just expressed hatred. Even after his home was bombed, his family received threats against their lives, and he himself was even stabbed, he still did not respond by using violence. King learnt about this idea of non-violence while studying Gandhi at college and became impressed with the strength that this man had for not retaliating with violence when it was put on him. Gandhi was an important leader in India; to rid the British from his country, Gandhi had his followers protest non-violently for their departure. Whilst on a visit to India, where King spoke to some of Gandhi’s followers, King became more and more sure that the way of non-violence was the way to go to ensure his wishes of freedom came about. The words of Gandhi that inspired King in his struggle for freedom without violence were, â€Å"Soul-Force is infinitely superior to body-force. If people, in order to secure redress of wrongs, resorted to Soul-Force, much of the present suffering would be avoided. There is no such thing as failure in the use of this kind of force. `Resist not evil means that evil is not to be repelledShow MoreRelatedComparing Martin Luther King and Malcolm X Essay782 Words   |  4 PagesComparing Martin Luther King and Malcolm X Martin Luther King and Malcolm X are to diverse individuals with two opposite personalities but both successfully succeeded in achieving freedom and bringing equality to black Americans discriminated against for many years even after the abolishment of slavery. Martin Luther King was born in 1929, in Georgia, Atlanta. Unlike the other black people in the southern states he was different he grew up in well off family who wasRead MoreMartin Luther King And King Remembered By Malcolm X Analysis804 Words   |  4 Pageswithout the help of notable activists Martin Luther King Jr and Malcolm X. Two bold and heroic men, one nonviolent and the other defiant. Yet, despite their different approaches to unjust acts each man made a similar difference. In the book King Remembered, authors Flip Schulke and Penelope O. McPhee quote King when he gracefully states, â€Å"If you want to say that I was a drum major, say that I was a drum major for justice; say that I was a drum major for peace†¦Ã¢â‚¬ . King stood righteously for nonviolenceRead MoreAfrican Americans And The Civil Rights Movement1260 Words   |  6 Pageswith hate and anger. The Civil Rights Movement is embodied in dramatic recorded speeches. Speeches like â€Å"I have A Dream†, the â€Å"Black Revolution†, and â€Å"Black Power’ and Coalition Politics. These speeches were written by great leaders. Martin Luther King Jr, Malcolm X, and Bayard Rusting were just some of the wise leaders of the Civil Rights. However, these influential leaders had a different view on how things had to be done during the civil rights movement. In 1954, the U.S. Supreme Court declaresRead MoreMartin and Malcolm Essay2150 Words   |  9 PagesAlthough Martin Luther King and Malcolm X both provided exceptional leadership during the Civil Rights Movement in the 1960s, both took different paths in fighting for African American rights. The two, separately, were the defining figures of the 1960s black freedom struggle. On one side, you had a comfortable middle-class family southern Baptist: King, who advocated nonviolence learned through the studying of Gandhi juxtaposed with X, advocating social awareness who learned by experiencing injusticeRead MoreTorture and National Security: A Moral Question Essay1388 Words   |  6 Pagesaddresses the second question, Can violence ever be moral? with a specific focus on torture as a form of getting information about national security and terrorist activity. Shue begins his article by outlining a series of since, then statements comparing just-combat killing to torture that is typica lly used to defend the use of torture (Shue 125). The typical defenders of the method compare torture to just-combat killing, arguing that, among other things, since just-combat killing is the total destructionRead MoreBible Versus the Toran12356 Words   |  50 PagesTHE BIBLE COMPARED TO QURAN PAGE 24-28 VII. FIVE PILLARS OF ISLAM COMPARED TO THE TEN PAGE 29-34 COMMANDMENTS VIII. COMPARING THE LIFE OF TWO AFRO-AMERICANS (1) MALCOM X - ISLAMIC MUSLIM/QURAN PAGE 35-43 8 (2) MARTIN LUTHER KING JR. - CHRISTIAN/BIBLE PAGE 44-48 9 (3) BOTH MENS POLITICAL VIEWS ON VIOLENCE AND PAGE 49-56 CHANGE IN SOCIETY Read MoreThe Blacker The Berry, By Kendrick Lamar1420 Words   |  6 Pagesof non-violent and violent protests. Examples of people who believed in each of these ideologies are Martin Luther King Jr. who used non-violent protest and Malcolm X who used violent protests. Kendrick Lamar who has had song that are on both sides of the spectrum from his song â€Å"I† which is more like Martin Luther King Jr.’s nonviolent beliefs to â€Å"The Blacker the Berry† which is more like Malcolm X’s thinking of self-hatred. In light of many of these issues along with the fact that racism is stillRead MoreEssay on Rhetorical Analysis of Artifact: The Ballot or the Bullet2568 Words   |  11 PagesRhetorical Analysis of Artifact: The Ballot or the Bullet Speech Given by Malcolm X I. Introduction: Though almost half a century has passed, the Civil Rights Movement remains one freshly imprinted in not only the history books of US schools but also in the minds of countless Americans. Albeit, American society has come quite a ways in the acceptance of the individual - regardless of sex, age, creed or ethnicity - prejudices of different sorts are still to be foundRead MoreNelson Mandela And The Game That Made A Nation2093 Words   |  9 Pagesdefinitely the protagonist however throughout the book he does not appear to change much. Unlike the protagonists and main characters in other books who usually experience a drastic inner change Mandela remains constant throughout the book. Still comparing Mandela to Odysseus, though both faced obstacles and challenges in their journey Mandela never experienced an inner change that would affect him in any way. Odysseus experience not only one, but various inner changes throughout the course of theRead MoreFar from Heaven Essay1206 Words   |  5 Pagesracism and homosexuality were serious problems the society faced back in the 1950s; however, nowadays the problem is not as serious and intense but it is still prevalent in some societies. First, According to Britannica online, racism â€Å"is the belief in the inherent superiority of one race over others†. Many people believe that it depends on if a person was brought into the world as a racist or not, but that is not the case at all. In fact, an individual cannot be born a racist but only learn

A Concept Analysis of Diversity Essay - 1418 Words

Diversity has many definitions but only one true meaning. This concept Analysis is dedicated to exploring the broadened sense of diversity through active concepts with respect to term usage, and current literature research to support the understanding and relevance of the term itself. Search Terms: Diversity, Ethnic Variety, and Variation Introduction: Definition The dictionary definitions for the term â€Å"Diversity† are fairly similar in nature. The American Heritage Dictionary describes the following â€Å"The fact or quality of being diverse; difference† and also â€Å"A point or respect in which things differ†¦variety or multiformity†. Merriam-Webster describes the definition as â€Å"†¦Being composed of differing elements† and goes on to†¦show more content†¦Antonyms: agreement, conformity, equality, facsimile, homogeneousness, likeness, similarity, uniformity, and unity. Over the past 25 years, society has shifted dramatically in a new direction. The demographic makeup of the United States continues to change drastically. Because of this change, everyone will be required to become increasingly aware of the people in their surroundings. Some may argue that diversity is based on gender, sex, creed, origin, or some other form of tangible trait however; diversity is much more than that. The American Nurses Association produces the Online Journal of Issues in Nursing. This publication has written several scholarly articles about diversity and healthcare. The article, Many Faces, Campinha-Bacote, states â€Å"Diversity. It is a word that means something different to each and every person†. What a great definition. As I continue to do research I am seeing more and more information about diversity and other people’s definition of what it is. One website I came across while compiling this research included http://www.diversityrx.org/ This p articular site is devoted to providing resources to the community and healthcare employees about trends in diversity. This website is for anyone interested in cultural diversity issues. Healthy People 2010, is a ten-yearShow MoreRelatedDiversity a Concept Analysis Essay3739 Words   |  15 PagesDIVERSITY: A CONCEPT ANALYSIS TONYA BROOKS, AMY TALLEY, ANNAMMA THOMAS TEXAS WOMEN’S UNIVERSITY Abstract The concept of diversity is one that individuals may not think of when they think of nursing. Diversity is a major component to nursing and the care that is provided to patients. In this concept analysis, antecedent, attributes and consequences of diversity are identified. The following antecedents are: race, social economy, knowledge, gender, andRead MoreNursing Workgroup Diversity and Performance Analysis1716 Words   |  7 PagesThe study aims to examine relationships among nursing workgroup diversity, workgroup processes and workgroup performance. According to the article, research is needed for a better understanding of the implications of diversity (age, race, unit tenure, RN experience and education) on nursing work group performance (patient falls, satisfaction and medication errors). The authors explain that diversity of the nursing workforce has increased over the past 10 years, supporting statistical evidence isRead MoreStrategic Human Resource Management : A Deeper Un derstanding Of The Dominant And Minority Cultures Essay839 Words   |  4 PagesRomero, F., Gonzalo Sà ¡nchez, G. (2013). Workforce diversity in strategic human resource management models. Cross Cultural Management, 20(1), 39-49. doi: http://dx.doi.org/10.1108/13527601311296247 RQ How effective is workforce diversity without a deeper understanding of the dominant and minority cultures in human resource management? The article expounded on how strategic human resource management can get the most out of workforce diversity via the universalistic, contingent and configurationalRead MoreCultural Diversity in Nursing Care: An Analysis1458 Words   |  6 Pagesï » ¿Cultural Diversity in Nursing Care An Analysis The United States is a country comprised of dozens of different cultures. The definition of this nation has, at its basis, a strong element of diversity. From its incipience as a country, the U.S. has thus promoted, above all, acceptance of all cultures, and has taken unique elements from these cultures and placed them towards building a varied, strong, and accepting society. Today, the nursing field is one of the few that must be aware of differencesRead MoreThe Importance of Diverse and Democratic Schooling Essay881 Words   |  4 Pagesand democratic society, as well as how I as an educator plan to integrate and promote democracy and diversity in my teaching practices. In order to promote diversity and democracy it is important to first define these terms. Diversity is that which is inherent in all humans. It is composed of the major and minor, physical and intangible differences that make us all individuals. It is a concept which invades every aspect of life: it is seen on the global scale in the differences between variousRead MoreThe Impact Of Contemporary Uk On New Zealand Essay1728 Words   |  7 Pagesthat have become available. Due to this phenomenon, businesses have required to become more creative and embrace change as an essential method of staying competitive in their marketplace. The increase in ethnic group migration to New Zealand and the concept of managing this diverse range of culture and interacting with individuals with different cultures, belief systems is a current issue that impacts contemporary organisations in New Zealand. According to Sayers (2012), countries throughout historyRead MoreHuman Resource Management : The Effe ctive Methodology Of Managing Human Capital956 Words   |  4 Pagesthe advancement of the United States economy, organizations need restructure the way its Human Resource administrate. In addition, the two topics utilize the human resource process which filter potential candidates that meet the prerequisites job analysis. If business entities are more involve within the branding process the organization will benefit as a whole. The purpose of the first literature review is to illustrate the importance of face-to-face strategies back into organizations policies whichRead MoreBenefits And Risks Of Diversity1232 Words   |  5 Pagesrisks of diversity in the workplace. Organisational psychologists consider that the perception of this concept has changed. Companies used to associate diversity with differences in terms of demographic aspects such as age, race, gender, sexual orientation or disabilities (Mor Barak 2011). However, this concept has changed with time. Currently, personality traits, cognitive and behavioural aspects are also taken into account when managing diversity (Thomas, 2006). Furthermore, the Diversity MattersRead MoreThe Diversity Of Business Ethics907 Words   |  4 PagesDiversity in Business Ethics Today businesses are faced with challenges, one in particular is diversification. Diversification according to John Jefferson and his associates (2009) is a form of growth, and the marketing strategy of a company, which seeks to increase profitability through greater sales volume obtained from new products and new markets. Interesting Jefferson (2009) also, states, diversification can occur either at the business unit or corporate level. Which bring s me to my point onRead MoreDiversity For Success Of The Company1036 Words   |  5 Pagesit successfully handles diversity in the workforce. The author argues that in the current workforce, which is diverse, the challenge is exclusion. The book has compiled extensive current information on social policy trends, legislative and demographic, as well as the analysis of causes and effects of workforce exclusion, and reveals that learning about how to manage the issue of diversity is critical. Therefore, based on the extensive information of fered touching on diversity in the workplace, I will

Reasons for Returning to School Free Essays

Reasons for Returning to School Dolores Hutt ENG 121 Instructor Vanessa Martin January 15, 2012 Reasons for Returning to School After careful thought and consideration, I made the desire to return to school into a realistic goal. I had finally come to the conclusion, that it was time to take control of my circumstances, rather than continue to let my circumstances control me. For the first time in twenty years, I have a window of opportunity to fit a degree program into my daily schedule. We will write a custom essay sample on Reasons for Returning to School or any similar topic only for you Order Now Returning to school had always been a desire of mine, but in the past, I did not think I had the time or the money to pursue a degree. I was a single mother, I was working all of the time, my children were very young, and half of my wages went to daycare expenses. Seven years ago I made a decision to pursue a career in Massage Therapy. When the opportunity presented itself to enroll in an accelerated Diploma and State licensing program for Massage Therapy, that was only going to take one year, I jumped on it. Looking back, I realized how fast a year can go by and how easy it was for me to turn a desire into a concrete accomplishment. Having a career in Massage Therapy for the past six years has been a rewarding experience; it has given me that sense of contribution to society and to my community. I have taken much pride in accomplishing my career goals so far, however, through my experiences with working for corporations, businesses, and having my own business, I realize that I am still missing that important element: a business degree. Having gone through that year in school to get my career going, the experience gave me the confidence to overcome the thinking, that I did not have the time or money to pursue a degree, I now believe that the benefits of a degree will far outweigh any outcome of not having it. The benefits of having a business degree to enhance my career are; that a degree will add credibility to my desire to take my career to the next level, and it will open more doors and options concerning high level job positions. I can talk about experience all I want, but at the end of the day, when it comes to running a business, or getting an executive to listen o my ideas, that will help the industry flow more efficiently, I believe that having a degree will help me to be taken more serious. It will also help me take a break from the labor to pursue the creative and business end of things. I am hoping that this degree program will help me to develop the skills I need to keep a successful business running, an d give me the credibility I seek. My first step after obtaining my business degree will be to get a management position in a corporate setting, so I can get the experience I need to have my own company and employees. I believe that a Degree in Organizational Management will help me to accomplish that goal. Experience, though valuable and relevant, is no substitute for a short cut. I have realized that regardless of experience, if I want to be taken serious, having a degree will open doors and add more opportunity and credibility to any experience. So pursuing a degree at this point in my life has become a priority. Returning to school had always been a desire of mine, but in the past, I did not think I had the time or the money to pursue a degree. Any obstacles I had in the past are no longer there. I have an excellent support system at home, a loving and supportive fiancee of six years, a two income household, my career allows me to work part time and make the same amount of money as I did working full time in the past, so I get to spend more time at home, and my children are much older now so daycare expenses are a thing of the past. This online university program offers so much flexibility and affordability, that I really have no excuse to not execute this with full force. For me, the timing is perfect; the time it will take to complete this degree program is short when I compare it to time wasted by not having a degree. I have done this before and I know I can do it again. I keep my goals and plans right in front of me. I know that with perseverance, planning ahead, and just staying positive, that pursuing my degree will be another accomplishment that I can be proud of, and then I can keep moving forward in my life with confidence and ease. I am no longer at the mercy of my circumstances, I have taken control back, and returning to school is exactly where I need to be right now. How to cite Reasons for Returning to School, Papers

Development in Moroccan Economy free essay sample

Economic Environment Development of the Moroccan Economy The Moroccan economy is known for its macroeconomic stability. Inflation rates have always been relatively low, mainly due to the country’s restrictive currency regime. Morocco has been characterised by moderate to high growth rates. The country has benefited from its low labour cost and strategic location near the European mainland. Morocco has experienced a stronger growth than usual since the year 2000, caused by improved weather conditions, a strong export growth and various liberalizing policies. These liberalizing policies have been introduced by King Mohammed VI in 2003. He came up with a number of economic reforms resulting in a growth of the small modern manufacturing sector and the development of the tourism industry. He has put his main focus on the European Union since the Free Trade Agreement in the year 2000. Morocco’s Gross Domestic Product (GDP) has steadily gone up since 2002. According to statistics of â€Å"Datamonitor 360† the GDP in 2002 was about 40 billion dollar, in 2010 the GDP had grown to approximately 60 billion dollar. That is a rise of 50% in only eight years time. The World Factbook from the CIA mentions that in 2010 Morocco ranked number 58 in the world when it comes to the GDP. The real GDP growth rate has not been negative since 2002. In 2010 Morocco ranked number 77 in the world of real GDP growth. The lowest growth rate was about 2,5% in 2005 and 2007 and peeked with 7,5% in 2006. This could have possibly been caused by the Free Trade Agreement with the United States of America, which was introduced in 2006. I will further explain the results of the Free Trade Agreement with the EU and the USA later on in this chapter. The three main sectors: industry, service and agriculture, all grew steadily the past ten years. In 2009 the service sector was the biggest sector and contributed 49,4% to the GDP, the industry sector came second with 31,3% followed by the agriculture with 19,2%. Morocco has a profitable industry sector, mainly because of its large amounts of phosphate. Tourism plays a big role in the service sector. The tourism industry has remained vibrant despite the Casablanca bombings in 2003 and 2007. Morocco’s external trade has also been increasing steadily, with only a slight decrease in 2009. However, the total external trade still grew from 25,7 billion dollars in 2002 to 77,6 billion dollars in 2009. This is a growth of 51,9 billion dollars, which is a growth percentage of approximately 202%. Even though Morocco’s economy has been doing well the past decade, the unemployment rate is still relatively high. During the period from 2002 to 2008 the unemployment rate was at least 11%. In 2007 a small decrease of unemployment of 300 thousand took place, still leaving 1,1 million people unemployed. By the end of 2008 the unemployment rate was 9,6%. In 2009 a total of 93,000 new jobs got created resulting in a decrease to 9,1% by the end of 2009. We can conclude that the overall Moroccan economy has shown a fairly good development, but there is still a lot more to improve. The government has been working on new reforms that should lead to better business conditions in the country. International Financial Crisis Morocco together with Algeria and Tunisia has been one of the least affected countries by the international financial crisis. The international financial crisis started with the credit crunch in the US. Morocco has not been affected by this so-called credit crunch, because Morocco does not have the kind of credit that caused the American credit crunch. Besides this Morocco had minimal exposure to foreign assets. Morocco did however get affected by the international financial crisis as soon as it hit Europe. The Western European crisis resulted in diminishing growth rates. The crisis in Europe did not only slow down Moroccan export rates, but also the tourism industry. As European unemployment rates increased, many Moroccans working abroad lost their jobs, causing a decline in remittances. Morocco has been able to keep the negative effects of the international financial crisis to a minimum due to its good macroeconomic policy, an open economy, clear trade policies and several investment opportunities with emerging countries in Asia, Latin America and Africa. Because of the effects the financial crisis has had in Europe and the US, Gulf investors are expected to invest in African countries and the Middle East. At the end of 2008 Gulf investors announced a 1,7 billion US dollar investment in real estate in Morocco. These investments and planned reforms will make sure the Moroccan economy will continue to grow in the future. Effects FTA US and EU Morocco’s economy has largely benefited from the free trade agreements it has made with the European Union and the United States. In 1996 Morocco signed an association agreement with the European Union. The association became effective on March 1, 2000. The free trade agreement with the EU is mainly applied on industrial products and hardly any agricultural products. The objective is to have completely free trade between Morocco and the EU by 2012. In 2010 the EU proposed a new trade deal with Morocco to include duty-free trade in agricultural, food and fisheries products. On June 15, 2004 Morocco also signed a free trade agreement with the USA, which became effective on January 1, 2006. For America this was the second Arab-US free trade agreement and the first African-US free trade agreement. During a video of the ‘Moroccan American Trade and Investment Council’ the counsellor to King Mohammed VI for financial and economic affairs says about the FTA with the US: â€Å"We want to put Morocco as a platform for business with Europe, with the US, with Asia, China, Africa, Middle East. It was part of a global vision of Morocco. † Mr. Hassan, the president of the Moroccan Business Association says during the same video â€Å"The Morocco – US free trade agreement is a great opportunity for the Moroccan economy. † Due to the free trade agreements many American and European businesses have opened establishments in Morocco. These businesses have employed thousands of Moroccans causing a decline in the unemployment rate of the country. Both free trade agreements have been a huge step in the right direction for Morocco. The country still has a lot of poverty and unemployment; much more is needed to solve the country’s issues. However, the country is one of the most stable African and Arab nations. Current Economic System Morocco has a relatively liberal market economy regulated by supply and demand. From 1993 onwards there has been a policy of privatization. The heritage foundation, a research and educational institution, has come up with an index of economic freedom. This index makes it possible to measure the economic freedom in countries around the world. The world average score on the index of 2011 is 59. 7 out of 100 points. Morocco’s overall score is 59. 6, only a tenth point under the world average. Morocco is the 93rd country on the 2011 world rank of economic freedom. The regional average of the Middle East and North Africa is 60. 6, which makes Morocco the 10th country on the list of 17 regional countries. The overall score is determined by ten economic freedoms. In figure below the ranking of all ten separate economic freedoms of Morocco compared to the world average is shown. The most important economic freedom for this specific country report is business freedom. The business freedom represents the procedures for setting up and registering a private enterprise and the possibilities of private investment and production. In figure you can clearly see the Moroccan business freedom compared to the Dutch business freedom. King Mohammed VI has come up with many economic and non-economic reforms over the years. The two largest current reforms are the â€Å"Plan Maroc Vert† (Green Plan) and the â€Å"Plan Emergence†.

Social Welfare in Australia Essay Example

Social Welfare in Australia Essay Social Welfare in Australia Social security in Australia is a system of social welfare payments provided by the Commonwealth Government of Australia. These payments are administered by the Department of Human Services. Most benefits are subject to a means test. Payments are made to a variety of groups of people; Indigenous students and New Apprentices, age pension, assistance for isolated children (families with a child who lives a fair distance from school), carers, disability support pension, foster families, maternity payment, people who are looking for employment, parenting payment, special benefit (financial hardship) and youth allowance. 7. 1 million Australians were â€Å"customers† of Centrelink, many of which claimed from child care. The payments are paid for through general taxation. In Australia only citizens may claim these benefits. Centrelink is the agency which manages social security. Australia gives out social welfare payments to ensure more equal dispersion of wealth and to assist the lower socio-economic population. In many people’s view in Australia it is the government’s responsibility to look after the less well off, whereas in other countries, for example China, people might rely on their immediate family, for instance to look after the elderly. We will write a custom essay sample on Social Welfare in Australia specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Social Welfare in Australia specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Social Welfare in Australia specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Australia is the most â€Å"efficient† at reducing inequality of any rich country. In Europe, the United States and Japan, social security is financed by contributions from employers and employees, with benefits related to past earnings, therefore the higher income workers received more generous benefits if they become unemployed, disabled or retire. The rationale for Australia’s approach is that it reduces poverty more efficiently by concentrating the available resources on the poor and minimises adverse incentives. The extent to which the Australian welfare state redistributes to the poor is determined by the interactions between the tax and social security systems, both in terms of the size of taxes collected and the distribution of these taxes. This is calculated by estimating the level of spending on social security benefits as a percentage of household disposable income and then taking account of how much of this goes to the poorest fifth. The same procedure is us ed to calculate how much tax is paid by people in that group, which is then subtracted from the benefits received to give â€Å"net redistribution to the poor. †1 â€Å"The main objective of social security systems in most countries is to provide insurance against risks like unemployment, disability and sickness, and to redistribute income across the life cycle. †2 There is also the â€Å"Robin Hood† motive; take from the rich and give to the poor, which Australia is a strong example of because our system relies heavily on income testing and directs a higher share of benefits to lower income groups than any other country. Australia has the most â€Å"target efficient† system of social security benefits. Some examples of social security payments given out are: ABSTUDY is the Aboriginal and Torres Strait Islander Study Assistance Scheme and is for Indigenous Australians undergoing some form of study. All Indigenous students at secondary or tertiary institutions and primary students 14 years and older. The student must be of Aboriginal or Torres Strait Islander descent and be a current Australian citizen. The Disability Support Pension provides income support for people who suffer a long-term disability which they will not recover from in the next two years, which will determine them unable to work. The average person will receive $385. 0 monthly. The Parenting Payment is for those who are carers of dependent children under the age of 8. These customers are able to collect this payment until their youngest child turns 16. The Parenting Payment uses an individual and a partner income test to determine the rate of payment. Means and assets tests are applied to reduce the incidence of welfare fraud and contain social security spending, so as no t to â€Å"rip off† the taxpayers. In 2012-2013 the Australian Government contributed $132 million towards social security and welfare, this made up 34. % of total government expenditure. In Australia, welfare is the largest component of public spending and therefore is the main determinant of how much tax income needs to be collected. Bibliography: Wikipedia, Social Security Australia, 2013, http://en. wikipedia. org/wiki/Social_Security_(Australia), Retrieved 20 February 2013. Whiteford, P. , Inside Story, 2013, http://inside. org. au/how-fair-is-australia’s-welfare-state/, Retrieve 20 February 2013. Riley, T. , 2013, Year 11 Economics, Sydney, Tim Riley Publications.

3 Steps to Create an Online Course From Your Book

3 Steps to Create an Online Course From Your Book 3 Steps to Create an Online Course From Your Book Authors don’t just make money from books. Often, the majority of their income comes from what is behind the books. Recently my friend Gregory was four weeks out from publishing his first book. He had spent the better part of a year writing and preparing to launch his book. Just a few weeks out from the launch he realized he had neglected to think about something important: how was he going to monetize the back end? The journey of self-publishing hits a major milestone with the launch of a first book, but it does not end there. While a well-launched book can certainly earn a good income, if you do not monetize the back-end of the book by  consulting, speaking, or creating online courses then you are not realizing the full potential of self-publishing.As they say, a book is the new business card. But, you can’t just have a business card you need the business behind the business card as well.There are several ways to monetize the back end of a book:ServicesSoftwareConsu lting / CoachingSpeaking / WorkshopsCreate Online Course (fastest and most scalable)While I am biased, my absolute favorite method is to create  an online course. It doesn’t take 6-12 months to develop like a software product would, and it doesn’t rely on your personal time like offering services, consulting, and speaking.Knowing that I specialize in online courses, Gregory reached out to me for help with producing a course for the new book he was about to publish. I’ll be sharing  3 steps to create online courses from your books. With these tips you too can maximize the results of your next (or a previous) book. Imagine if you take every book you have published, which people are buying for $5-$10, and quickly transform the same content into a parallel product for which you can charge 10 to 100 times  that amount.3 Steps to Create an Online Course From Your BookAs the owner of a course production company, people often have the same question when it comes t o turning a book into an online course:What’s the difference? Why would people pay more for the same material?Great question. There are a couple key differences between a course and a book (aside from the obvious differences in format).Step 1 Understand the differences between a book and a courseTone If you were to read your book out loud, verbatim, that would be an audiobook which has a very different feeling to an online course.Focus Again, using the audiobook example, your audiobook might be 15 hours long, while you course is 5 hours long. A large part of the value of a book is exploring the â€Å"why† of a topic or possibly the history, while a course is designed to be extremely actionable. That means the content requires great focus.Specificity Books are filled with great stories and great ideas. They plant important seeds in your mind, and might even have some simple exercises at the end of the chapters. That being said, it takes a lot of effort to apply what you learn from a book. A significant part of the value of an online course is how easy it is to take action. If it’s a course about networking, you can provide email templates, step-by-step guides to follow, software tools you can use. It’s designed to be immediately actionable, while a book on networking might discuss more general concepts on networking such as why it’s a good idea to go to a conference, to make good eye contact, to introduce people to each other, etc.If you want to see some real life examples of the differences, check out the audiobook and the online course version of Gregory’s book to compare (you can do a free preview of each to see what I mean). Both are based on the same content, but the tone, structure, focus, and specificity is quite different. Step 2 Build an online course from a book or a manuscriptHere is the exact process we used to build courses in dozens of different industries, following our Course In A Box Method:1.) Dec ide the Format   There are many ways to build a course. You can build a text-based course, a video-based course that focused on live filming, or on recording your screen while you teach someone to program, or by recording slides as you teach. Usually it’s a mix. You can also have courses two hours long, or 20 hours long. With or without PDF handouts. With or without bonus content (such as expert interviews).Here is what we decided on  for Gregory’s course: Ultimately 3 modules, with 3-5 lessons each The lesson length would average about 10 minutes (although it ranges from 5-15) The content style would primarily be a mix of recording well-designed slides, mixed with bonus content like expert interviews, follow-along PDF guides, etc.Pro tip: How do you decide the course length/structure? One module should bring people through a major milestone. For example, setting up a website before beginning to write content and market the site in later modules. One video should have one clear, stand-alone step in the process. For example, video 3 of module 1 for Building Your New Website might entail setting up the site hosting, video 4 might be configuring wordpress, etc.2.)Turn the manuscript into a course script This means cutting the fat and changing the tone as discussed above. Your course should clearly get people from point A (where they are now) to point B (where they want to go) and this should be clearly reflected by the course script. Even if your book is quite long, you can do this in about a week if you maintain focus3.) Turn the script into a slide plan This is a document which matches up the main ideas in the script with slides that you will be recording. Most people jump straight from script to slide design, but this (quick) intermediary step ensures that your course has a good flow to it and stays organized4.) Turn the slide plan into slides Create a slide template that you like, then customize slides to match your slide plan. Or better yet, outsource this process to a professional.5.) Record the scripts as an audio file Sit down and read your script as enthusiastically as possible.Pro tips: Don’t try to record your screen with the slides at the same time, the quality will be lower. Record the audio separately then match the slides in post production.Leave a pause and say â€Å"SLIDE X† between slides. This will help with the next step, editing.6.) Combine the slides and audio file into a video file Self-explanatory. It is not  recommended that you do this yourself, as a professional likely would do it better/faster. Invest a few hundred bucks to get it done right the first time.7.) Find useful places to add extra materials PDFs, expert interviews, new examples, templates, etc. Just ask yourself every time you say do this, â€Å"how can I help them do that?†8.) Clean up, edit and structure everything into a finalized course Did everything stay organized? We recommend using a google drive folder structure that we link to below to keep things organized.9.) Upload the course to your website If you want the simplest option possible, go with Teachable. This is what we used for Gregory’s course as well. If you want something more sophisticated, go with MemberMouse (another popular option we use with clients).Step 3 Connect the book and the courseNow that youve completed the course, how do you get people from your book to find your course, and vice versa?  The simplest way is to directly link from your book to your course website. However, sometimes people will complain about that approach â€Å"they are just trying to sell their other products!!!†Another way is to direct people to a companion website which offers additional resources and downloads for free in exchange for their email address. Then you will want to set-up an email autoresponder which offers additional value and guides them through the process from having read the book to wanting to delv e  deeper and buy  the course. Pro tip:  Add this download link to the beginning AND the end of the book, and preferably a few times in the middle. Not everyone finishes every book they buy, so you want to make sure they see the link even if they stop after the first chapter. In fact, you can even include the page with the link in the â€Å"free preview† of the book on the kindle store to get even more people to see it.What kind of results would this really get?Let’s say you get 5,000 downloads as part of your book launch, then 1,000 purchases per month after that20% of those people who grab the book also check out the linkThen 50% of the people who visit the page submit their email addressFinally, 10% of those people who join your list also purchase your courseResults:You now instantly have 500 more people on your email list, and 100 more people per month ad infinitum50 people buy your course during your book launch, and 10 more people buy every monthIf your cou rse is priced at $500, then that is $25,000 in additional revenue during your book launch, and $5,000 every month after thatand that, my friends, is the power of combining a book with an online course.I know writing a book is hard (I’ve written several myself) and by the time it’s done and published you may feel done yourself. But, don’t forget that offering a course is your chance to either kick start or rapidly grow your business. The best way to maximize the value of your book is to lead people from your book to discover other parts of your brand.Give the people who  love your book the opportunity to work with you further, either through an online course or through one of the other methods discussed above. Leave a comment with questions about this process, or share your  results creating an  online course from your book.  I look forward to hearing about your success.

THE EFFECTIVENESS OF FOCUS ON FORM IN L2 LEARNERS' CLASSROOM Essay

THE EFFECTIVENESS OF FOCUS ON FORM IN L2 LEARNERS' CLASSROOM - Essay Example Thus, recasting is perfect for classroom use and is often applied by teachers to see the degree of production reached by their student (Loewn & Philp). However, there is an alternative view to this mode of teaching. Critic Lyster feels recasts to be an ineffective form of teaching (2001). This claim lays on the idea that the other forms of feedback make a more impressive difference. This is because recasts are unable to prove the difference they make. Recasts in their own form are indefinite in showing he progress that is obtained from being used. The advantage of recasts is their similarity to different types of corrective methods used to L2 learning. This makes 50% of the results used by this form prove to be of great benefit to any learner. Recasts take up different forms. Each form has different characteristics which help determine the effectiveness of its model. The success of this form is evident in the help it provides to the learner and the use of this form. Thus, despite the overriding criticism, this essay will move to prove the different types of recasts and the methods that can be employed to make it a very effective form of learning. Research: including theoretical articles and reviews on this form of study have found support that a linguistic form of teaching adds to the communication that focuses solely on creating meaning and is thus of great help in the classroom (Doughty & Williams). Greater emphasis is laid for focus on form because it allows the student to learn from mistakes that arise in linguistics instead of paying too much attention to meaning and communication (Long 2002). This allows a natural flow in the class as it allows the student to learn from their mistakes instead of focusing on a specific and particular way of teaching. This is known as response moves and allows the student to decipher their own error in the words they make. van Lier considers this form of recast to be present in the

Impact of Slavery in Virginia Essay Example | Topics and Well Written Essays - 750 words

Impact of Slavery in Virginia - Essay Example The period of war brought an opportunity for many slaves to get freed without formal emancipation. The eagerness of Britain to debase the economy in their colonies leads to freeing of many slaves who accepted to fight in the American cause (Taylor, 2013). The revolutionary sentiments rose and provided the pressure that would later lead to the release of slaves from bondage and forced labor. The war of the independence for Americans further contributed to the release of slaves during this period. The internal enemies referred in the title of Tylor’s book were the slaves of Virginia. Their story is well told by Tailor in the fight for independence. A war that made the British government officers promise freedom for the slaves who managed to flee their bondage and escaped their rebellious owners. These slaves were encouraged to enlist in the Forces. These slaves were instrumentally a significant resource to Britain during this war. Their understanding of the surrounding countryside of Virginia made it necessary for them to be enlisted with the forces because the invaders did not have an understanding of the countryside (Taylor, 2013). As such they would provide a counter war that would defeat the invaders. Thus the British war effort found the escaping slaves very crucial to them. Soon, the British officers were taking steps to emancipate the whole slave families that had taken advantage of the American Revolution to free themselves in Canada and the Caribbean.

The Life Of William Harvey

The Life Of William Harvey William Harvey an English physician, was the first to describe the circulation of the human body and properties of blood being transported throughout the body by its mechanical pump, the heart. He studied medicine at the University of Padua in Italy and was tutored by surgeon Hieronymus Fabricius. Fabricius, was fascinated by anatomy, and discovered that the veins in the human body had one-way valves, but was not too sure as to what their function was. Harvey went on, based on Fabriciuss findings, to figure out the role valves play in circulation of the body. He returned from Italy in 1602 and established himself as a physician. His career was taken to a whole new, better level when he married Elizabeth Browne, the daughter of Elizabeth Is physician. They were married in 1604. He became a fellow of the Royal College of Physicians in 1607 and, in 1609, was appointed physician to St Bartholomews Hospital. The highlight of his career, however was probably when he became physician to Elizabeths successor James I and to James son Charles when he ascended to the throne, in 1618. Both King James and King Charles took a close interest in and encouraged Harvey in every step of his research. Harveys research was furthered through the dissection of animals. He first revealed his theories at the College of Physicians in 1616. In 1628 he published these theories in a book titled Exercitatio Anatomica de Motu Cordis et Sanguinis in Animalibus (An Anatomical Study of the Motion of the Heart and of the Blood in Animals). Here was where he explained how the heart pumped the blood in a circular course through the body. His discovery received great accolades and interest in England, although it was greeted with some scepticism on the Continent. Harvey was also the first to theorize that humans and other mammals reproduced via the fertilisation of an egg by sperm. It took another two centuries before a mammalian egg was finally observed, but Harveys theory still won credibility during his lifetime. Harvey held a close relationship with the royal family through the English Civil War and also witnessed the Battle of Edgehill. Harvey is often credited as the Father of Cardiovascular Medicine. His observations of dissected hearts showed that the valves in the heart allowed blood to flow in only one direction. Also, even though he lacked a microscope, he theorized that the arteries and veins were connected to each other by capillaries, which were later be discovered by Marcello Malpighi some years after Harveys death. William Harveys work became the foundation for all modern research on the heart and cardiovascular medicine. It has been said that Harveys proof of the continuous circulation of the blood within a contained system was the seventeenth centurys most significant achievement in physiology and medicine. He is also often referred to as the Father of Scientific Method. Harvey believed that direct observation was the correct way to draw conclusions about scientific facts. He kept records of his experiments. He did not record his findings until he proved them. This practice became known as the scientific method, and Harvey has received much credit for having promoted its use. Historical background William Harvey was the eldest child of merchant Thomas Harvey and Joan Halke and was born in Folkestone, Kent on the 1st of April, 1578 . His father was known to be a styled gentleman, who upon referring to the register of Williams matriculation at Cambridge, was designated a yeoman of Kent. He must have been a man of some substance and position, as all of his seven sons followed careers, and attained positions necessitating the possession of capital at the outset. William had five brothers who were all merchants of repute in the city of London. They traded extensively with Turkey and the Levant. John, the second son, was at one time Member of Parliament for Hythe, and afterwards became Kings Beceiver for Lincolnshire, and Footman to His Majesty. Of Joan Halke, Harveys mother, but little has been preserved to us, and that little has been derived from the inscription on a monumental slab in Folkestone Church. She is there described as having died in her 50th year, the mother of seven sons and two daughters. A Godly harmles Woman: A chaste loveing Wife: A charitable quiet Neighbour: A cofortable frendly Matron: A pevident diligent Huswyfe: A careful teder-harted Mother. Deere to her Husband: Eeverensed of her Children: Beloved of her Neighbours: Elected of God. Whose Soule Best in Heaven: her Body in this Grave: To Her a Happy Advantage: To Hers an Unhappy Loss. Conjecture has attributed the authorship of the inscription to her son William. There were two daughters, one of whom died young, and of the other nothing beyond her name is known. Harvey attended Kings School in Canterbury from 1588 to 1593. There he worked at the ordinary subjects of an English education, and acquired a good knowledge of both Latin and Greek. This was essential at a time when the influence of authority was triumphant, and when even contemporary literature, to appear learned, must needs be expressed in Latin. He then studied at Cambridge University and Gonville and Caius College from 15 93 to 1599. He spent these years in the study of classics, dialectics and physics. Such a course of training was then, as now, considered a fitting prelude to the study of the science and art of medicine. In 1597, being then nineteen years of age, he was made a Bachelor of Arts of his university. At that time, and indeed until quite recently, the University of Cambridge was in a very different position with regard to the teaching of medicine from what we now find. Divinity was its chief glory, and the well equipped medical school of the present was almost unrepresented, one or two professorships only being devoted to medical subjects. Hence he decided to attend one of the premier institutes of Medicine in the Continent, located in Padua, to pursue his career in medicine. It was there that he worked with Hieronymus Fabricius, who was a well known anatomist and had observed the one-way valves in blood vessels. After graduating from Padua, he returned to England to establish himself as a physician and joined the College of Physicians on the 5th of October, 1604. After marrying Elizabeth Browne, daughter of physician Lancelot Browne, he accepted his position at St. Bartholomews Hospital, succeeding a Dr. Wilkinson, as the physician in charge of the hospital. At this point, the physicians function consisted of a simple but thorough analysis of patients who were brought to the hospital once a week and the consequent writing of prescriptions. Hieronymus Fabricius The next important phase of Harveys life began when he was appointed to the office of Lumleian lecturer on 4 August 1615. The Lumleian lectureship, consisted in giving lectures for a period of seven years, with the purpose of enlightening and increasing the general knowledge of anatomy throughout England. Harvey began his lectures in April 1616. At this time, at the age of thirty-seven, he was described as a man of lowest stature, round faced; his eyes small, round, very black and full of spirit; his hair as black as a raven and curling ( Book : William Harvey; author : Sir DArcy Power; year: 1897) . Some of the notes which he used at the time are preserved in the British Museum (the manuscript notes of which contain the first account of blood circulation). At the beginning of his lectures, Harvey laid down the canons for his guidance: To show as much as may be at a glance, the whole belly for instance, and afterwards to subdivide the parts according to their positions and relations. To point out what is peculiar to the actual body which is being dissected. To supply only by speech what cannot be shown on your own credit and by authority. To cut up as much as may be in the sight of the audience. To enforce the right opinion by remarks drawn far and near, and to illustrate man by the structure of animals. Not to praise or dispraise other anatomists, for all did well, and there was some excuse even for those who are in error. Not to dispute with others, or attempt to confute them, except by the most obvious retort. To state things briefly and plainly, yet not letting anything pass unmentioned which can be seen. Not to speak of anything that can be well explained without the body or can be read at home. Not to enter into too much detail, or in too minute dissection, for the time does not permit. To allot a definite time to each part of the body i.e. first days lectures dedicated to the abdomen, the second to the thorax, the third to the brain and so on. (Book: William Harvey; author: Sir DArcy Power; year: 1897) . He soon attained a practice of great importance, when he was appointed the Physician Extraordinary to King James I, on the 3rd of February 1618. Although Harveys practice suffered because of his radical views, he was also in the picture during King Charles Is reign. Harvey accompanied King Charles I wherever he went as Physician in Ordinary. In particular, Charles hunting expeditions gave Harvey access to many deer carcasses. Harvey made use of these deer carcasses by conducting most of his experiments on them; from these, he made his many observations and consequent theories. King James I King Charles I During the English Civil War a mob of citizen-soldiers against the King entered Harveys lodgings, stole his goods, and scattered his papers. The papers consisted of the records of a large number of dissections of diseased bodies, with this observations on the development on insects, and a series of notes on comparative anatomy. ( Book: William Harvey; author: Sir DArcy Power; year: 1897). Harvey continued to maintain his position and helped the wounded on several occasions. He also protected the Kings children. The conflicts of the Civil War soon led King Charles to Oxford, with Harvey attending, where the physician was made Doctor of Physic in 1642 and later Warden of Merton College in 1645. In Oxford he (Harvey) very soon settled down to his accustomed pursuits, unmindful of the clatter of arms and of the constant marching and countermarching around him, for the city remained the base of operations until its surrender ( Book: William Harvey; author: Sir DArcy Power; year: 1897) Merton College The surrender of Oxford in 1645 marked the beginning of Harveys gradual retirement from the medical world. Now sixty-eight years old and childless, Harvey had lost three brothers and wife at this time. He decided to return to London and live with his brothers Eliab and Daniel separately and in different periods of time. Having retired from St BartholomewHYPERLINK http://en.wikipedia.org/wiki/St_Bartholomews_HospitalHYPERLINK http://en.wikipedia.org/wiki/St_Bartholomews_Hospitals Hospital and his various other aforementioned positions, he passed most of this time reading general literature. Several attempts to bring Harvey back into the working world were made, however; here is an excerpt of one of Harveys answers: Would you be the man who should recommend me to quit the peaceful haven where I now pass my life and launch again upon the faithless sea? You know full well what a storm my former lucubrations raised. Much better is it oftentimes to grow wise at home and in private, than by publishing what you have amassed with infinite labour, to stir up tempests that may rob you of peace and quiet for the rest of your days. (Book: William Harvey; author: Sir DArcy Power; year :1897) He died of a stroke on June 3, 1657, and, lapt in lead, was buried in Hempstead church. Apparently, he died of a cerebral hemorrhage from vessels long injured by gout: it is highly probable that the left Sylvian artery malfunctioned, leading to a gradual accumulation of blood to the brain which eventually overwhelmed it, resulting in his death. There exists a fairly detailed account of what happened on that day; according to the information at hand, Harvey: went to speak and found that he had the dead palsy in his tongue; then he saw what was to become of him. He knew there were then no hopes of his recovery, so presently he sends for his young nephews to come up to him. He then made signs (for seized with the dead palsy in his tongue he could not speak) to let him blood his tongue, which did him little or no good, and so ended his days, dying in the evening of the day on which he was stricken, the palsy giving him an easy passport. (Book: William Harvey; author: Sir DArcy Power; year: 1897) Experimental Procedures Harvey was well trained in anatomy, and he, like his idols Versalius and Fabricius, was convinced that the interventricular septum was not leaky to blood. Also, he was born into an era in which experimentation, computation and simple observation, became recognized as essential tools of the scientific method. He was well aware of the works of Copernicus and Kepler, and of his contemporary Galileo, for whom the combination of careful observation and computation resulted in nothing less than a switch between the earth and the sun as the center of our universe; Galileos dictum Measure all that is measurable, and make those things measurable which have hitherto not been measured (Book: William Harveys Biological Ideas; author: W. Pagel; year: 1967) was deeply impressed upon him. He was also familiar with the somewhat earlier writings of Santorio Santoro, who, sitting on an exquisitely sensitive balance, compared his body weight and the difference between the ingested food and his excreta and was capable of observing that the body lost a certain amount of weight continuously in the form of insensible perspiration (Book: History of Physiology; author: E. Rothschuh; year: 1973). But Harvey himself was a pioneer (Book: Handbook of Physiology: Circulation; author: CD Leake; year: 1962 ). Unlike the great Kepler, who improved upon Copernicus observations, and Galileo, whose telescope unequivocally established the Copernican revolution, Harvey did not build on anything, revise anything, or improve on anything. This revolution was set forth in his book entitled Exercitatio Anatomica de Motu Cordis et Sanguinis in Animalibus or Anatomical Essay on the Motion of the Heart and Blood in Animals (Book: On the Motion of the Heart and Blood in Animals; author: William Harvey, translated by Keynes G; year: 1978), commonly referred to as De Motu Cordis or simply De Motu. It was published in 1628 when Harvey was already 50 years old. Knowing that he was challenging a big fish, he opened the monograph with a letter to the King, Prince Charles, with the statement : The heart of animals is the foundation of their life, the sovereign of everything within themfrom which all power proceeds. The King, in like manner, is the foundation of his kingdom, the sun of the world around him, the heart of the republic, the foundation whence all power, all grace doth flow. (Book: Scientific Papers: Physiology, Medicine, Surgery, Geology, with Introductions, Notes and Illustrations; author: William Harvey, translated by Willis R; year: 1910) His dedication to the President of the Royal College of Physicians reads like: Hey, Im really not out to get anyone, all I want to do is tell the truth! For example, in this dedication he states the studious and good and true do not esteem it discreditable to desert error, though sanctioned by the highest antiquity, for they know full well that to err, to be deceived, is human.I would not charge with willful falsehood anyone who was sincerely anxious for truth, nor lay it at any ones door as a crime that he had fallen into error. I avow myself the partisan of truth alone. (Book: Scientific Papers: Physiology, Medicine, Surgery, Geology, with Introductions, Notes and Illustrations; author: William Harvey, translated by Willis R; year: 1910) He closes: Farewell, most worthy Doctors, and think kindly of your Anatomist (Book: Scientific Papers: Physiology, Medicine, Surgery, Geology, with Introductions, Notes and Illustrations; author: William Harvey, translated by Willis R; year: 1910), suggesting that he feared the worst. Harveys revolutionary conclusion that blood is conserved and circulates was based on only a few observations, the major ones were as follows: First, he measured the total amount of blood that could be drained from sheep, pigs, and some other subprimate mammals. He then measured the volume of the left ventricles of these animals and calculated that, if the left ventricle were to empty with each beat, in one hour the total volume of blood pumped would be much greater that in the ingesta( material taken into the body by means of the digestive tract) or even that contained in the entire animal. Indeed, this would be true even if one-tenth of the blood contained by the ventricle were ejected per beat. Therefore, he concluded, it is a matter of necessity that the blood perform a circuit, that it returns to whence it set out. He then demonstrated, publicly, that when a live snake is laid open, compression of the vein entering the heart leads to a small heart that is devoid of blood upon opening it. If on the contrary, the artery instead of the vein be compressed or tied you will observe the part between the obstacle and the heart, and the heart itself to become largely distended and, in the end, to become so oppressed with blood that you will believe it about to be choked. (Book: Scientific Papers: Physiology, Medicine, Surgery, Geology, with Introductions, Notes and Illustrations; author: William Harvey, translated by Willis R; year: 1910) He also showed that, following light application of a tourniquet to the arm, the veins become engorged and that blood can only be milked from an engorged vein in the oral direction toward the heart but when the vein is thus emptied it only fills from the periphery. Also, when one knows the diameter and length of the cylinder of vein, one can calculate the volume of blood that flows through the vein during rapid emptying and refilling. Harvey showed that in a day more blood flows through that segment alone than the quantity of food ingested. Harveys experiment illustrating the venous valves (nodes or portals) and the unidirectional nature of emptying and filling. He also states: Now if you reckon the business, how much by one compression moves upwards by suppression of the portal, and multiplying that by thousands, you shall find so much blood passd by this means through a little part of a vein, that you will find yourself perfectly persuaded concerning the circulation of the blood, and of its swift motion (Book: Scientific Papers: Physiology, Medicine, Surgery, Geology, with Introductions, Notes and Illustrations; author: William Harvey, translated by Willis R; year: 1910). Harvey also possessed a lifelong obsession with animal generation. His fascination with the perfection of animals brought about his desire to find out how the organisms arise. This is described in his introduction to his Essays on the Generation of Animals. His fascination sprouted from his study of Aristotles ideas of generation. Harvey decided to further investigate Aristotles views by studying a hens eggs in order to understand the meaning of generation in animals. He justified his decision and his plan of pursuing his research in Of the Method to be pursued in studying Generation passage of the introduction to Essays of the Generation of Animals. First of all, a hens egg had a simple structure and readily available for frequent experimentation. In the introduction to his essays, he further explained that his choice of using a chicken egg was acceptable because the other animals had similar means of generation. Results drawn from the experiment he would conduct on a hens egg coul d be related to the reproduction in more complex animals; even animals that did not produce eggs. All animals reproduce with some form of an egg, which he considered to be a metaphor for the simple origin of any new life form. Harvey considered it necessary to start with the less complicated animals because this would allow him to repeat the tests many number of times to ensure accurate results. His strategy was to observe the formation of a chick to create a history of its development. Harvey would then use this information to show the cause of generation and the order in which it proceeded in. Before Harveys research, scientists believed in a theory known as pre-formation, which assumed that an animal already possessed the traits of the mature mammal and grew in size in the mothers womb. William Harvey refuted these prior theories in his consideration of the history of an eggs development. He noticed that the fetus began as a single drop of blood and then further differentiated into an egg which later became the chick. As a result, he rejected the idea that an exact replica of the organism could be found in reproductive material of either the male or the female. Harvey, however, learned by investigating the stages of development in the eggs that some parts of the animal are engendered before others. (Book: William Harvey and the Purpose of Circulation; author: Walter Pagel; year: 1951). Another concern of Harveys was the theories of previous scientists on the role of the male and the female in animal generation. Scientists before attempted to find an answer to this mystery. Galen assumed the yolk in a hens egg was a joint of male and female secretions (Book: Investigations into Generation; author: Elizabeth Gasking; year: 1967). Aristotle hypothesized that the cause of generation was the males semen acting on the menstrual blood of the female making the menstrual blood the source of matter and the semen the efficient source (Book: William Harvey and the Primacy of Blood; author: John White; year: 1986). Fabricius presumed the male caused the material and the female provided the nourishment. Harvey wanted to solve the mystery of the purpose of each sex, so he examined the male and female genital systems of the deer carcasses he found in King Charles Royal Parks (Book: Investigations into Generation; author: Elizabeth Gasking; year: 1967). Through Harveys investigation, he disproved Aristotles theories and clarified this in the passage Of the manner, according to Aristotle, in which a perfect and fruitful egg is produced by the male and female fowl in his essays (Book: The Works Of William Harvey; translated by Robert Willis; year: 1847). He did not consider Aristotles efficient cause as relevant in the discussion of reproduction because Aristotles agent of the efficiency was only semen from the male. According to Harvey, semen was an external cause and could not produce an effect on the soul of the offspring because it was not with it throughout its lifetime of the offspring (Book: Investigations into Generation; author: Elizabeth Gasking; year: 1967). Also, Harvey expla ined the female must have a role in the efficiency when he stated, The earth, too, spontaneously engenders many things without seed, and among animals, certain females, but females only, procreate of themselves and without the concurrence of the male: hens, for example, lay hypenemic eggs; but males; without the intervention of females, engender nothing (Book: The Works Of William Harvey; translated by Robert Willis; year: 1847). He deduced that if the female can reproduce without the male, then the male must not be the only agent to produce the efficiency. He was able to develop this view by looking at less complex organisms and extending it to more evolved animals because he considered all animals to share similar reproductive processes. Accordingly, he allowed himself to make broad generalizations about generation through species barriers. One of the many reasons for William Harveys success was his meticulous experimentation, now known as the scientific method. Scientists precedi ng William Harvey used experimentation in order to investigate; however, Harvey set a new standard for testing. He made precise calculations before and during experiments. For example, in his study of circulation, he calculated the exact amount of blood released from the heart with every thrust (Book: Early Reactions to Harveys Circulation Theory: The Impact on Medicine; author: Steven Lubitz; year: 2004). Harvey closely examined and dissected various animals. While many scientists such as Galen used only careless observation, Harvey tested physically and then retested numerous times to ensure his results lacked error. In fact, William Harvey was the first to apply quantitative and observational methods simultaneously within his research. He picked test subjects that would be immediately available for many experiments. In the examination of blood and animal generation, Harvey used hens eggs because they were cheap and available in abundance. As the Kings physician, Harvey examined d eer in his studies of animal generation. King Charles was fascinated by Harveys research, so he gave the carcasses of his weekly deer hunting to Harvey to dissect (Book: Where Do Babies Come From? ; author: R.V. Short; year: 2000). The substitution of the mammal into testing greatly advanced Harveys research because he could relate his concepts of reproduction to an organism that did not produce an actual egg. Contributions Harvey was awestruck by the way blood flowed through the human body. Most people of the day believed that food was converted into blood by the liver, and then was consumed as fuel by the body. Harvey knew this was false by the understanding of his firsthand observations of the human and animal dissections he made earlier to study on. In 1628 Harvey published An Anatomical Study of the Motion of the Heart and of the Blood in Animals which explained how blood was pumped from the heart throughout the body, then returned to the heart and re-circulated. This book expressed views that were very controversial and lost Harvey many patients, but it ultimately became the basis for all modern research on the heart and blood vessels. Unlike the other anatomical textbooks written in the past, Harveys book has only one illustration with a set of four related figures. This absence of pictures was probably deliberate to show Harveys dedication to the scientific experimental method. The reader by act ually recreating Harveys experiments was forced to follow each step of Harveys methods specifically, in a way that a general examination of illustrations did not require. The four figures depict a simple but persuasive experiment that can be performed on a human arm without dissection. The experiment involves tying the arm with a tourniquet and adjusting the tightness to demonstrate that the blood can either be cut off from the arm or permitted to overfill the arm, causing the veins to bulge. This procedure was also used for bloodletting: the removal of blood from the vein in the arm was a common treatment for a variety of medical conditions and was also a means of preventing disease. Bloodletting was a common therapy of early medicine. It was done by cutting into a vein, called venesection or phlebotomy. This work was often done by a surgeon or a barber-surgeon. The veins near the elbow were commonly used. In this book, Harvey proves the following: that it is the contraction, not the dilation, of the heart which coincides with the pulse, and that the ventricles as true muscular sacs squeeze the blood which they contain into the aorta and pulmonary artery; that the pulse is not produced by the arteries enlarging and so filling, but by the arteries being filled with blood and so enlarging; that there are no pores in the septum of the heart, so that the whole blood in the right ventricle is sent to the lungs and around by the pulmonary veins to the left ventricle, and also that the whole blood in the left ventricle is again sent into the arteries, around by the smaller veins into the vena cava, and by them to the right ventricle again thus making a complete circulation; that the blood in the arteries and that in the veins is the same blood; that the action of the right and left sides of the heart, auricles, ventricles and valves, is the same, the mechanism in both being for reception and propulsion of liquid and not of air, since the blood on the right side, though mixed with air, is still blood; that the blood sent through the arteries to the tissues is not all used, but that most of it runs through into the veins; that there is no to and fro undulation in the veins, but a constant stream from the distant parts towards the heart; that the dynamical starting-point of the blood is the heart and not the liver. This demonstration of the circulation was incomplete in one point only, though. Harvey could not discover the capillaries through which the blood passes from the arteries into the veins. This gap in the circulation was filled in several years later by the great Italian anatomist Marcello Malpighi, who in 1661, a few years after Harveys death, observed in the lungs of a frog, by the newly invented microscope, how the blood passes from the one set of vessels to the other. Harvey saw all that could be seen by the naked eye in his observations on living animals; Malpighi, four years after Harveys death, by another observation on a living animal, completed the marvelous chain of evidence. A second ground-breaking book published by Harvey in 1651, Essays on the Generation of Animals, is considered the basis for modern embryology. In the seventeenth and eighteenth centuries, theories of embryology and development were superimposed with theories of sexual reproduction, along with a number of theories on the origins of life, most of which supported the idea of spontaneous generation. During this period debates raged over spontaneous generation, the idea that life was spontaneously created out of inanimate matter. The popular belief that living organisms propagated from mud in streams, dirt, or environments such as rotting meat was supported by a number of scholars. William Harveys research into reproduction, published in 1651 as Exercitationes de Generatione Animalium (Essays on the generation of animals), began to cast doubt on spontaneous generation. Harvey believed that all life reproduced sexually, a view that he stated with his famous dictum Ex ovo omnia (Everything comes from the egg). Although he was taught by Fabricius, William Harvey criticized his teachers views about reproduction. In fact, the inaccuracy he saw in Fabriciuss beliefs prompted his investigation of animal generation (Book: The Ovary of Eve: Egg and Sperm and Pre-formation (The organism is preformed as a complete miniature structure in the sperm or the egg and simply grows larger as it develops. This means that the first reproducing human would have had to have all succeeding generations within itself. Sort of like Russian dolls.) ; author: Pinto-Correia, Clara; year: 1997). The flaws Harvey detected were in Fabriciuss idea of the role semen played in reproduction. His teacher thought that after the male had been in contact with the female, all the eggs are made fertile. But upon his experimentation, Harvey discovered that the hen laid an egg ten days after interaction with the male, and then another thirteen days after. Hence, he concluded that the male did fertilize more than one of the yolks. Awards/ Prizes William Harvey never won any awards or prizes, al

Systems Development Life Cycle

* Write a 200-word paragraph outlining the phases of SDLC and identifying the different personnel that participate in this process. There are many phases involved in SDLC, starting from the beginning is system investigation. This involves professionals looking into the business problem that needs to be solved, and also taking a deeper look at the problems that could come while developing an IT system for a business. The second stage, systems analysis, can only begin once the â€Å"development project† has been approved. Once approved, a team of workers begin the system analysis. They go into more detail about what the business problem is, how it will be solved, and the very specific information needed to find the solution. Once that is finished system developers begin the system design phase. It must be explained how the system will accomplish its task. Fourth is programming, computer programmers must fully explain the specific design into computer code. Many times the computer programmers work in teams, because of how detailed and how long the process can be. Proper testing is then needed to be sure that computer code can work, and do exactly what the company needs to IT program to do. The next phase is then changing from the old system, and transferring to the new system. Three strategies are used to aid in the implementation phase: direct conversion, pilot conversion, and phased conversion. The operation phase can then begin, where the new system is now the system the company uses. Last is maintenance, which many times will continue the whole time the system is in operation. There is debugging and updating done so that the system can continue to be used for the company and meet the company’s needs.

Definitions of Computer Science Persuasive Essay Topics

Definitions of Computer Science Persuasive Essay Topics School should happen in the evenings. Children spend the majority of their waking hours in school. Students should continue to keep their mobile in silence in order to not disturb the class. They should be allowed to pray in school. The Good, the Bad and Computer Science Persuasive Essay Topics Just comply with the guidelines stated above, and you will be well on your way to writing a fantastic persuasive essay. Proper researching is extremely important if writing persuasive essay. Having selected a fantastic topic to argue about, at this point you need to make an argumentative essay outline. It will be simpler that you compose a very good persuasive essay if it's a subject in which you have knowledge. Normally, having three main arguments to show your point is sufficient for a convincing paper. If you have a specific interest or passion for a subject then make sure you write about that. Our life is about words. There are many intriguing topics that could be become a persuasive essay if you take the opportunity to consider about doing it. When prior brainstorming is finished, you can begin drafting your essay. The absolute most important role of the introductory paragraph, nevertheless, is to present a very clear statement of the paper's argument. The multiple topics could possibly be found, for instance, in the dissertation abstracts international database. Take notes concerning all prospective topics it is possible to consider. The Unusual Secret of Computer Science Persuasive Essay Topics You may find there's a compelling argument for learning another language after all! Possessing very good research abilities and selecting a superb topic is important. Argue that public higher education has to be free for everybody. Since 21st-century technology is developing at a fast pace, an increasing number of technological innovations have to get implemented virtually every year. Perform extensive research on the subject of your choice and make an impressive persuasive speech that individuals will remember for long. Not all folks are suicidal that manner. Many people wind up covering the exact tired topics they see in the media daily, just because they can't produce a better idea. You may also write about a typical problem that numerous people today are speaking about nowadays and bring your fresh ideas to the discussion. Schools should not have anything to do with ads. The degree of education ought to be the exact same in public and private schools. Students don't understand how important it's to get privacy on social networking. They should be careful about posting on social media. You already are aware that the whole issue is in your own thoughts. In the end, bear in mind that a huge portion of being effective in persuasion is the capacity to attract your audience's emotions. The most important idea is to just sum up all the facts which you have used previously. At the exact same time, it's a wonderful persuasive essay idea. Once you have gathered all of them together, it'll be a fantastic notion to analyze them a bit to help the reader make the correct decisions. After you are aware that you need to locate unique persuasive essay topics so as to write the very best text possible, it's the opportunity to consider how to study the structure of such texts. To begin with, if you're arranging a persuasive speech, you ought to think about a topic that could create mental pictures in the minds of your audience. Sure, with this kind of a huge selection of topics to pick from, picking just one may be challenging. The audience has to be convinced by means of an argument or application. Apparently, you shouldn't purposely select a topic that will bore your audience. There are just a few things that define whether an essay you're working on is going to be a good one. As soon as you settle on the subject and pick the position on which you will base your essay, the remainder of the job can then begin. At the close of the day it's still a graded piece of work and will want to get written well. It is preferable to search online since it will conserve a plenty of time.

Moving and Resizing Controls at Run Time