Saturday, September 14, 2019
Psychology of Terrorism Essay
Sexual harassment defined is any act that amounts to sexual advances that are unwelcome including asking for favors that are sexual related and also use of obscene and vulgar language. (Oââ¬â¢Shea, 1998)Sexual harassment is classified as a crime in many countries and is therefore punishable by law. This paper takes an in-depth look at sexual harassments, how different victims are treated especially as far as age is concerned and the various laws regarding sexual harassment. 1. Define the two types of sexual harassment recognized by the courts. a) Generally there are two types of sexual harassment recognized by the courts. The first type of sexual harassment is one that affects one in his or her employment. (Oââ¬â¢Shea, 1998) For instance if a supervisor asks one of his subordinates for a sexual favor with threats that if the subordinate is not cooperative then he or she will lose his or her job, then this amounts to sexual harassment. This kind of sexual harassment can only be done by a person who possesses authority over another and who is able to influence the employment of the victim in question. Such tangible employment actions include demotion, slashing of salaries, and unwarranted termination of employment. This mind of sexual harassment is commonly referred to as quid pro quo meaning ââ¬Å"this for thatâ⬠. This literally means that give me this and you will get that. b). The other kind of sexual harassment is known as hostile environment. This is normally the general conduct of employees in an organization as opposed to the conduct of one person like in the previous type of sexual harassment. Some of the behaviors that may contribute to a hostile environment in an organization include: i) Constant use of vulgar and obscene language. ii) Making comments in regard to the physical attributes of a person but in sexual related manner. iii) Giving favors to anyone involved in sexual activities in the organization. iv) Touching a person without their submission. v) Use of terms to indicate that there is a sexual relationship between the two while in fact it does not exist. vi) Use of indecent symbols signs and gestures. 2. Compare and contrast the rights of juveniles to that of adults. The rights provided of adults and children both as victims of sexual harassment differ slightly although the main aim for both is to protect victims of sexual harassment. (Oââ¬â¢Shea, 1998) Usually the law is more strict one acts of sexual harassment done against children and the elderly putting into consideration their delicate nature. Sexual harassment of minors and small children is referred to as defilement and always carries a more severe punishment. Sexual harassment of an adult person is also classified crime and is in contravention with the Title VII of the Civil Rights Act. Any person be it a child an, adult or an elderly person if undergoes sexual harassment one is required to report to the relevant authorities using the right procedure which varies from institution to institution and form country to country. Sexual harassment is an act that is recognized as a crime in many countries of the world and thus a victim should not be embarrassed to report as this might make the behavior to get worse. Reference: Oââ¬â¢Shea, T. (1998). Sexual Harassment: A Practical Guide to the Law, Your Rights, and Your Options for Taking Action. St Martinââ¬â¢s Griffins, London.
Friday, September 13, 2019
Capital Budgeting Techniques and Sensitivity Analysis
Sensitivity analysis can be understood as research of the uncertainty within the production of a mathematical model or system that can be allocated to several uncertainty sources within its inputs (Ai, Croce and Li 2013). Sensitivity analysis serves as techniques employed for determining the ways in which several values of certain variable impact on a a dependent variable within a specific cluster of assumptions. Sensitivity analysis is generated for analyzing the impact that the great range of variables has on the desired outcome. This analysis is relied on the variables effecting valuation that a financial model can indicate through employing the price and EPS variables (Borgonovo and Plischke 2016). For instance, Apple Inc employs sensitivity analysis along with the consideration of long-term cost of capital. Sensitivity analysis that is employed by Apple Inc serves as a technique of evaluating alterations in particular projectââ¬â¢s NPV or the IRR for the given change within one of the variables. This signifies the extent to which a project is NPV or IRR is sensitive for a considered change in one among the variables (Fujimori et al. 2014). Apple Inc considers that the more the NPV of a project is sensible the more critical can be the variable. The following steps are deemed associated with the implementation of the sensitivity analysis that is mentioned under: Sensitivity analysis of the efficiency criteria for the purpose of investment project analysis serves as the calculating technique of researching and deciding the impact of changes in the individual values considered on the investment project analysis (Gospodinov, Kan and Robotti 2014). Apple Inc stated that strong implementation of the sensitivity analysis within the investment decision-making under certain uncertainty situations includes numerous major input parameters like the income, investment value, costs, discount rate in accordance with the impacts and effects of the alterations of these parameters (Kuehn, Simutin and Wang 2016). This is on the values of numerous basic criteria that can be considered as investment decision-making process namely the criteria of internal rate of return, net present value and the payback period. Sensitivity analysis serves as major criteria for the evaluation of investment projects serves as extremely complex process. With the help of the sensitivity analysis, the investors will be capable to obtain a great number of information regarding the impact of the input parameters on the criteria those are examined for conducting effective investment decision-making (Lee and Su 2014). Apple Inc stated that information can also be gathered regarding the impact of input parameters based on the criteria value that can further enhance investment decision making. Capital budgeting serves as a process though which investors determine which projects to select. Sensitivity analysis offers superior insight for the investors to take effective business decisions. Scenario analysis serves as the technique of evaluating likely future events through taking into account certain alternative possible outcomes. For this reason, for Apple Inc. scenario analysis can serve as a technique that can be the major form of projection, which does not attempt to indicate one accurate picture of the future (Mà ¸nster et al. 2014). Scenario analysis acts as a technique of anticipating the expected portfolio value that is in response to certain unfavorable event and might be employed to analyze theoretical worst-case circumstances.à Moreover, scenario analysis serves as a process in order to ascertain and evaluate the likely events that can take place in the upcoming years. This serves as a vital tool that is increasingly used in making projections over the upcoming years (Rangvid, Santa-Clara and Schmeling 2016). Scenario analysis is increasingly associated with capital budgeting techniques. An investmentââ¬â¢s scenario analysis might include the followin g steps: Revealing the best-case output within most suitable value for all the inputs is an option of scenario analysis. For instance, Apple Inc considers that at the time of calculating net present value, the most suitable value for discount rate is used along with considering likely cash flow growth along with lower tax rate (Tian 2013). With implementation of effective capital budgeting techniques such as NPV and IRR, it can be stated that scenario analysis is a model output that is calculated for over an ample scenarios. Scenario analysis is widely employed in order to estimate proper investment value in several situations. Scenario analysis is greatly used in taking investment decisions through implementation of capital budgeting techniques like NPV and IRR (Zabarankin, Pavlikov and Uryasev 2014). For Apple Inc, scenario analysis was deemed most vital techniques for evaluating risks associated with the investment projects. The scenario analysis served as the techniques those are used by investors along with using the discount rates must be used for projects with several risks. Capital Asset Pricing Model (CAPM) is a model employed for theoretically determining suitable asset based rate on return in order to make decisions regarding adding assets within an efficiently diversified portfolio. Capital asset pricing model explains the prediction of the relationship that can be observed within the risk associated with asset along with its expected return (Ai, Croce and Li 2013). Taking into consideration that the Capital Market Line (CML), the market portfolio is deemed to encompass segmentation of all the risks assets. This is done through employing the market value of the assets in order to determine the weights (Borgonovo and Plischke 2016). The CML line is deemed to be arrived from CAPM that decides the anticipated return at numerous risk levels. In the capital asset pricing model, CML is only applicable only in case of an investorââ¬â¢s final portfolio and in the world of CAPM; the investors are likely to hold portfolios that rely on the CML. In CAPM, the capital market line is deemed higher than the efficient frontier as it focuses on the consideration of the risk-free asset within a portfolio (Fujimori et al. 2014). The capital asset pricing model signifies that market portfolio is majorly the efficient frontier. The assumptions of CAPM are deemed unrealistic and such reality simplification is vital for preparing useful models. Tolerance of the CAPM modelââ¬â¢s assumptions that facilitates derivation of a well built, idealized through a model of manner within which the financial markets gauges risk and changes it within anticipated return. The capital asset pricing model indicates that the market portfolio serves as efficient frontier (Rangvid, Santa-Clara and Schmeling 2016). Within the CAPM, the securities are priced so that the anticipated risks counterbalance the decided returns. There are two aspects within the CAPM model, which requires generating Capital Market Line. The capital market line indicates the investment returns of an investor for a particular portfolio. The capital market line employs the CAPM formula in order to calculate the anticipated return of a portfolio or security (Rangvid, Santa-Clara and Schmeling 2016). CML serves as the graphical representation of the CAPM formula. It explains the relationship between the systematic risk and expected return related with a portfolio. The CAPM formula that consists of formula on capital market line is helpful in deciding whether a security can be considered for effective investment decision making. The association between the CAPM formula and capital market line are indicated in the formula below: à is deemed to denote the point associated with the market portfolio (M). All the portfolios selected by a rational investor are deemed to have a point à that relies on the capital market line (Mà ¸nster et al. 2014). Considering this formula, it can be said that the CAPM model can be employed in order to measure the systematic risk associated with a single share. Moreover, the transformation line, which remains tangential to the efficient set along with having intercepted within risk-free rate Rf, is the capital market line. This defines that a particular composition of the risky assets those investor wishes to hold. This is deemed as market portfolio (M). Moreover, CML serves as the transformation line, which is observed to be tangential with the efficient frontier (Mà ¸nster et al. 2014). Capital Market Line (CML) serves as a line that connects returns with no-risk investments along with overall market returns (Zabarankin, Pavlikov and Uryasev 2014). The difference between efficient frontier and capital market line is that capital market line involves less risk investments ad all the portfolios within it are efficient frontiers. Capita market line is employed in order to analyze the performance of portfolio. Certain points below any other point within the line will offer decreased returns along with similar risks and for such reasons these are not ideal. Capital market line is deemed a measure used to analyze performance of portfolio. Capital Market Line (CML) is a graph used within the capital asset pricing models in order to signify rates of return within the market portfolio (Borgonovo and Plischke 2016). Capital market line explains rates of return for the effective portfolios those are relied on the degree of risk along with risk free rate of return for a particu lar portfolio. Capital Market Line initiates from considering the assumption that all the companyââ¬â¢s investors needs to possess market portfolio. Intensity of risk is deemed to be positively correlated to the anticipated return (Zabarankin, Pavlikov and Uryasev 2014). The Capital Market Line serves as the linear combinations of the risk-free asset and portfolio. Portfolios under the capital market line are deemed inferior that indicates new efficient set. Capital Market Line is observed to remain within the capital asset pricing model in order to indicate the rates of return for efficient portfolios likely to face the risk level for a market portfolio along with risk-free return rate (Borgonovo and Plischke 2016). The capital market line is generated through drawing a tangent line from the point of intercept on the efficient frontier to the situation where the expected return on a holding is similar to the risk-free return rate. The capital market line facilitates the investor in taking into account the risks of several additional assets within the remaining portfolio. The capital market line results from the association with the market portfolio along with the risk-free asset (Zabarankin, Pavlikov and Uryasev 2014). All the points in consideration to CML have increased risk-return profiles to certain portfolio within the efficient frontier with the exception of the market portfolio that serves as point within efficient frontier within which capita market line is a tangent. From the CML perception, such portfolio encompasses all the risky assets and has less holding on the risk free assets. As per CAPM, market portfolio signifies efficient frontier and this can be gathered as cluster of portfolios (Lee and Su 2014). The market portfolio in combination to the risk-free asset is able to produce an increased return than the efficient frontier. Therefore, it can be said that the combination of the market portfolio along with the risk-free asset leads to emergence of capital market line. The major techniques employed for project analysis are the NPV and IRR analysis. Sensitivity analysis considers the NPV and IRR of an investment project at the time more than one variable alterations (Lee and Su 2014). The idea that exists based on all the variables except the one evaluated and analyze the way sensitivity of the NPV or the IRR are to changes within that variable. Ai, H., Croce, M.M. and Li, K., 2013. Toward a quantitative general equilibrium asset pricing model with intangible capital.à Review of Financial Studies,à 26(2), pp.491-530. Borgonovo, E. and Plischke, E., 2016. Sensitivity analysis: a review of recent advances.à European Journal of Operational Research,à 248(3), pp.869-887. Fujimori, S., Kainuma, M., Masui, T., Hasegawa, T. and Dai, H., 2014. The effectiveness of energy service demand reduction: A scenario analysis of global climate change mitigation.à Energy policy,à 75, pp.379-391. Gospodinov, N., Kan, R. and Robotti, C., 2014. Misspecification-robust inference in linear asset-pricing models with irrelevant risk factors.à Review of Financial Studies,à 27(7), pp.2139-2170. Kuehn, L.A., Simutin, M. and Wang, J.J., 2016. A labor capital asset pricing model. Lee, M.C. and Su, L.E., 2014. Capital Market Line Based on Efficient Frontier of Portfolio with Borrowing and Lending Rate.à Universal Journal of Accounting and Finance,à 2(4), pp.69-76. Mà ¸nster, J.G., Samuelsson, J., Kjeldsen, P., Rella, C.W. and Scheutz, C., 2014. Quantifying methane emission from fugitive sources by combining tracer release and downwind measurementsââ¬âa sensitivity analysis based on multiple field surveys.à Waste Management,à 34(8), pp.1416-1428. Rangvid, J., Santa-Clara, P. and Schmeling, M., 2016. Capital market integration and consumption risk sharing over the long run.à Journal of International Economics,à 103, pp.27-43. Tian, W., 2013. A review of sensitivity analysis methods in building energy analysis.à Renewable and Sustainable Energy Reviews,à 20, pp.411-419. Zabarankin, M., Pavlikov, K. and Uryasev, S., 2014. Capital asset pricing model (CAPM) with drawdown measure.à European Journal of Operational Research,à 234(2), pp.508-517.
The hypothesis relationship between five perpectives Thesis
The hypothesis relationship between five perpectives - Thesis Example A perceptive approach to socio-technical processes responsible for such mishaps led to explorations concentrating on proximal incidents and on finding flaws in the organisation. In order to safeguard the organization, seven hypotheses have been designed to enhance safety measures required for the success of organization as well as for the mental peace of those associated with it, since safety management is the most imperative step for the fortification of individuals and their belongings (Mearns, Whitaker and Flin, 2003). The hypotheses designed involve safety management and leadership as the foremost step. The hypotheses encompass the identification of safety measures in an organization or workplace. Philosophy of safety involves the appropriate management of the system to protect people from witnessing any accident. Philosophy of safety management focuses primarily on the safety of objectives; it is the basis of all safety measures in the system. Philosophy related with the safety of organization involves directives for safety in leadership and management encompassing organizational safety, safety of learning and training, safety of policies and processes, workforce safety culture, and safety performance. Therefore, safety of management and leadership lays the foundation of safety in organizational process and working culture and sets the proclamations to be followed to establish and maintain safe working environment under the legal standards (Mearns, Whitaker and Flin, 2003). However, the philosophy of organization safety varies, as every organization adopts different leadership approaches and outlooks; the management of the organization also adopts certain safety situations for people belonging to different backgrounds and ethnic communities. They perceive safety based on their priorities. Effectual defence from professional hazards is directly related to excellent leadership and safety measures provided by the
Thursday, September 12, 2019
The Goddess Tara in Buddhist Art Research Paper - 1
The Goddess Tara in Buddhist Art - Research Paper Example Though not explicitly mentioned anywhere, Taraââ¬â¢s rise did pave the way for more active involvement of women in Buddhist society. Women began to find a say in matters that up until then had primarily been the dominion of men. Goddess Tara was considered as an enlightened role model within the Buddhist tantra. According to folklore, ââ¬Å"Tara was born out of the tears of Lord Buddhaâ⬠(Santhanam, 2005) In tantric literature, she is the first female Buddha. Tara follows a tradition of strong female role models, starting in the ancient Vedic period and continuing through early Mahayana times. Some of the duties that Tara performs are similar to those of her contemporaries like Goddess Prajnaparamita. Goddess Tara is also associated with an ancient star cult that provided help to seafarers lost at sea. It is also interesting to note that ââ¬ËTaraââ¬â¢ means star in Sanskrit. She is also considered to protect humans from natureââ¬â¢s fury including ocean waves, floods , fires, epidemics, etc. With time she has also come to be regarded as a guide to achieve Moksha, which is the Sanskrit word for enlightenment. Tara emerged as Goddess during a time when Buddhist society was mainly patriarchal. Her manner of presentation was similar to those of male bodhisattvas of earlier times. Tara is unbiased in guiding all ââ¬Å"motherlyâ⬠sentient beings and helps extricate them from the ocean of suffering. She has got rid of all actions deemed morally wrong and has also gotten over her attachment towards worldly pursuits. ââ¬Å"As a Bhagavati, Tara is a female Buddha who is spontaneously present, totally living in the moment without getting bothered by thoughts of the past or the futureâ⬠. (Landesman, 2008)Tara has many dimensions to her state of being, and this is visually depicted in paintings on cloth and powdered colours on flat surfaces. She is at times a golden goddess who showers prosperity on her worshippers and also protects
Wednesday, September 11, 2019
Thomas sankara the upright man review Term Paper
Thomas sankara the upright man review - Term Paper Example Do not expect any change of heart from such powers; their circumstances might have changed and their position to defensive at present. Thomas Sankaraââ¬â¢s mind must be thinking on similar lines when he thought of self-reliant economy and he was averse to receive loans from the World Bank. He did not want any traces of colonial empowerment in his land. His acts of promotion of local food and textile production are a precedent-shattering commercial move, which gave great fillip to rural employment and provided recognition and status to the local artisans. That was a leader who had confidence in himself and in the capacity of his people to build the nation. The scene in the movie when I saw the how local African textile designs was encouraged was great. Not only his country, but the entire African Continent had a leader worth the whole-hearted support. 2. What men and women in a country that owns newly tasted independence want is confidenceââ¬âthe feeling that they are being car ed for and their voice is being heard in the new set up. Sankara was a great psychologist, besides being a man with the practical vision. He hit the right spot when he addressed the poor peasantry of the Nation and outlawed compulsory payments and labor (a sort of a bonded labor) to village chiefs. Rural poll tax was done away with. His most daring step in the tradition-fearing and male dominated African Society was to promote gender equality by outlawing polygamy and female circumcision. He often appeared in media to announce his popular measures. How women must have felt elated when he instructed the men to do shopping so that women had enough time as home makers. Some of his progressive measures were, the extraordinary immunization program, building new railway lines and public housing building programs. Literacy initiatives got a strong push, he addressed the issue of river blindness seriously and his most important measureââ¬âhard steps against corruption in the administrat ion, was the master-stroke and this well-meaning initiative made him popular amongst the masses. To Sankara, reformation and rehabilitation was a way of life and not mere political propaganda. He cut short the luxuries that go with the bureaucracy and urged them to be simple in their lifestyles. He advised that his picture should not be displayed in public buildings and put a ban on chauffeur-driven Mercedes and first-class airline tickets to his ministers and top bureaucracy. 3. Where is the scope and honorable place for principled politicians? Sankara was a dynamic leader who was in a hurry to show the results. His politics was unconventional. He was a planner and creative man. A man who would decide and act start and finish. His socio- economic reforms have no precedent in any African country. Some undemocratic principles crept into his style of functioning. But what he did was not for self-interest but for the overall welfare of the Nation. He was the envy of the fellow military leaders; he challenged the former colonial masters and the French hegemony. By 1987, opposition to his leadership was both from local leaders and the fresh establishment. He had humiliated President Francois
Tuesday, September 10, 2019
The Case of Sarver Elementary School Study Example | Topics and Well Written Essays - 500 words
The of Sarver Elementary School - Case Study Example At the final decision, Caine went against his commitment and voted for closing Sarver while Davis and Ebel adhered to their commitments and supported the Committee. The votes were in the 3-2 ratio, supporting the decision of closing Sarver. Amelia Stone, Committeeââ¬â¢s member alleged the board for several issues such as rejection of Committeeââ¬â¢s report without any consideration, violation of Sunshine Law and bypassing contractual commitment of Caine in support of Sarver Elementary School. After noticing all the situation and issues, it is quite clear that both sides conducted studies for coming up on a conclusion regarding the closing of Sarver Elementary School. However, it is quite clear that the whole board is not ready to close the school. The Committee is interested in closing Miller School because this school can be converted into a business setup while Sarver Elementary School has chances of future growth. There were professionals on both sides for considering the issue of closing Sarver School. Caine has promised in black and white to support the Committeeââ¬â¢s decision by voting against closing Sarver Elementary School but he has not fulfilled his promise and has voted against his consent. Therefore, the vote placed by Caine should be ignored. After this, the voting will be in a ratio of 2-2. Looking at this situation, it is quite clear that Citizenââ¬â¢s Task Force and ââ¬Å"Save Sarverâ⬠Committee have to reconsider their decisions. They should sit with another in order to come to a solution. The voting process should be there again in order to know about the new situation. Dr. Connie Kniving has just seen one side of the situation and has rejected all the efforts of ââ¬Å"Save Sarverâ⬠Committee preferring the decision of Citizenââ¬â¢s Task Force. He has to keep proper attention to both the reports submitted by the Task Force and the Committee in order to come to a conclusion regarding the closing of Sarver Elementary School.
Monday, September 9, 2019
Compare and Contrast Dependency Theory and Neoliberalism Essay
Compare and Contrast Dependency Theory and Neoliberalism - Essay Example This discussion stresses that the dependency theoryà refers to the model explaining the notion of flow of resources. According to this theory, resources flow from the boundary or the periphery of the undeveloped and poor countries to the center of the economically stable or the wealthy states enriching the developed countries at the expense of the weak states. Whereas the dependency theory originates from third world countries to explain the fate they suffer in the hands of the developed countries, Smith describes the neoliberalists as people from the economically stable nations concerned with the modern political economy. Neoliberalism refers to the modern political, the economic theory that favors free trade. Hays and David describe neoliberalism to favors the privatization of public organization with minimum government intervention in the commercial business. It is seen to advocates for a decrease in public expenditure on social services, On the other hand, is from the third wor ld countries, the dependency theory assumptions are based on these nations. They hold that countries that are more developed should play a part in improvising those countries that lie below in development. Their assumptions, therefore, focus on the capitalist approaches to break the development of these countries. Besides this theory hold a view of underdevelopment rather as a process as compared is to a stage. For these countries, under development forms a process to reach a full developmental goal or a full potential. Finally, the theorist holds that significant influence to the third world countries is by financial aid and subsidiaries. However, they not that foreign aid is never free rather it has some attached strings. This foreign aid most of the time form a debt trap for the developing countries.
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