[Submission Date] This paper is written to present a short summary of an article titled “The coming debt bust” that was published on 7th May 2016 in a magazine named “The Economist.” The article presents the concrete reasons for which the Chinese economy has been facing financial troubles. Such problems may continue to rise if the prevailing financial situation (concerning debt and lending practices) in China is not controlled to an optimum level. The article presents that after the global financial and economic crisis of 2008, China’s debt level increased where the debt-to-GDP ratio increased to an alarming ...
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Entrapment occurs when a government agent or someone in authority such as law enforcement and undercover police improperly coerces, influences, manipulates or induces an individual to commit a crime which they would have otherwise committed had the opportunity to do not been availed to them (Colvin, 2002, p. 226). Hence, from this definition, the “buy and bust” or “sell and bust” undercover operations may be considered as entrapment since they entail the inducement of a person to commit an offense, such as dealing in or purchasing of illegal drugs. Furthermore, as Hay (2005) observes, sting or undercover operations by ...
Introduction
Background of the Study The world economy is currently facing numerous challenges, ones that imped growth and continuous economic development. In reality, there is no such thing as a straight line when it comes to economic development, accounting, and asset management. If history is to serve as a basis, economic development, both on a national and international scale, has been and so can be characterized by a cycle of boom and bust . Based on the metrics that both accountants and economics experts look into when analyzing a for-profit organization, a bank, or a macro economy, the risk of being ...
Company Background
Webvan was an online grocery store that operated on credit and delivery basis. Webvan was founded in 1996, and it had its headquarters in California, Foster City (Delgado, 2001). It offered fantastic services as customers had their products delivered at their doorsteps thirty minutes after making a purchase. Its services were provided to about ten US markets, and they had an objective of expanding to 26 cities. The big dreams of this company were short-lived since it flopped in 2001 (Bensinger, 2015). Webvan ran out of cash as it ended up spending more than the sales it made, hence ...
An article by Dawson on the Wall Street Journal indicates that North Dakota has been a major source of oil over the past years. Statistics put its production at 1.2 million oil barrels a day. However, lack of proper infrastructure and the need to drill deeper in these areas have made it costly. Conversely, the prices have dropped to $50 a barrel, and the owners have considered selling the fields. The wells have been idle for some years and have been considered by new investors as a fortune. The fields are on hold for prices to balance in the ...
Atari Rapid Growth
Atari’s rapid growth is attributed to the decision of its founder to transform the traditional gaming machines into a smaller home machine. Bushnell compressed the coin-operated Pong game into a smaller home system. The Atari 2600 was the most successful home based gaming system that used cartridge.
How Did Ninitendo Successfully Recreate the Home Video Game Business Following the Atari - Era Boom and Bust?
After the boom and bust of the Atari, Nintendo focused on a diversification strategy. Initially, the company focused on the production of playing cards before the diversification to the production of the video game business. As such, the organization acquired a licensing to produce video games from Magnafox, which led to ...
Abstract
The purpose of the above paper is to highlight the impact of the great recession that was experienced in 2007 -2009 and the bailout strategies used by governments to restore investment institutions from collapsing. The paper starts with an introduction that explains the impact of the great recession to the U.S and global economy. As a remedy to avert the adverse effects of the global recession, both short term and long term strategies were sought. The advantage of using the short-term strategies was to restore stability in the financial sector and prevent further collapsing so as to achieve economic ...
How Propaganda Is Used By Anti-Union Forces To Dissuade Workers From Organizing
Workers often organize a union to fight for issues such as having a secure job and for better work conditions. More often than not, employees fight back by initiating propagandas that fight the workers strongly. These propagandas have been used successfully for many years to fight even the strongest worker unions (Bust the Union Busters par 1). The attorney often trains management supervisors of companies and other entities on how to persuade the workers to vote down a union, hence, denying them their constitutional rights organize. The nature of the profession does not often matter as all workers from ...
Introduction
The depiction of female characters in television has long been one of Feminism’s great worries and battles. Throughout the decades, females have been shown as one dimensional and weak, often reduced to mere companions or prizes for the lead, male characters. The popular television saga Game of Thrones has long come under the view of these critics, yet many have reached opposite conclusions. Even though some contend that it is deeply Feminist, other critics believe that it is extremely misogynist, painting women in a negative light. The present text will argue that historical considerations and character development show ...
The World Art history knows a number of masterpieces that are significant for some particular period of art. This can be a “Mona Lisa” by Leonardo Da Vinci and even the cave art by the first people. All of them are carrying their own significance in this world and the history of the whole humanity in general. Taking to the consideration the fact that the originals of the art should be lead since the dawn of times, the art of the first people, who lived hundreds of centuries ago, is the fundament and the basis for all the following ...
International Financial Markets: Impact of the global financial recession on our lives
Introduction The financial crisis of 2008 through affecting economies sent important impact on the lives of the public. In result of the crisis, many people had to face layoff and higher living costs. The purchasing power of people decreased. However, the inflation increased, people had to make more efforts and spend more times to keep their household going (Hossain et al. 24). Greater uncertainty contributed to the level of stress and per person workload increased in offices and responsibilities at home increased as well because the downturn resulted in new patterns that contributed to job losses and increased prices ( ...
Customers and shareholders come in for a big shock when their stocks go down in value or a company goes bust in spite of showing profits the previous years. Although there are many reasons as to why a company might go bust, bad or irregular auditing which had inflated the actual position of the company finances is also a major reason. External auditing houses were hired to solve the problem of false or tampered internal auditing. However the position of external auditors and external auditing firms is also controversial. Although external auditor bring in credibility to a company’s ...
Private property Argument
Capitalism promotes the growth and development of private property by ensuring the exercise of the right of the property by the owner. It is worth noting that capitalism focuses on enhancing economic freedom in trading. It believes that that a free market should be able to present the investors with a freedom that satisfies their desires. Freedom, as purported by capitalism, plays a gives a private owner of the property the right to trade his or her property as per will. There is not pressing constraints that downplay such freedom. Thus, a private owner enjoys the right of freedom ...
The Museum of Fine Arts, Boston Massachusetts
The Museum of Fine Arts, Boston Massachusetts is home to many sculptures of the ancient times. Many of the sculptures were of the male body and included fine details in the muscular structure and the facial form. It was interesting to learn that the original sculptor did not put his name on the art work. It is assumed that the person credited did the work but we are not sure of that. The history states that the town’s people could distinguish the work of the artist so there was no need to but the name on the piece. ...
Article Reaction:
Article Reaction: In his article titled “Reporters Helped Bust Iran’s Nuke Program”, Noah Shachtman made a number of curious observations with respect to the circumstances that helped to uncover Iran’s unsanctioned nuclear program. This piece is especially interesting now, considering that as of January 2016, Iran has partially dismantled the program so that international community would be inclined to lift the sanctioned imposed on it (Nasrella 2016). Despite the fact that Shachtman’s article had been written back in 2007, before any kind of constructive deal with Iran was ever reached, it provides a novel outlook on ...
In this paper, we will apply the concepts of financial management to a real world problem. According to the instructions, MarCher company considers an opportunity to invest money in a new risky project. The company has to choose between two possible options: to invest in a high-risk project or to invest in a low-risk project. Also, there are two possible outcomes of the investment – the projects may either boom or bust. Both projects produce different cash flows under two possible outcomes that are given in the table below: The company is short of $870,000 to finance these projects ...
How a Group of Students Sold Enron a year Before the Collapse
The article talks about how some students from Cornell University analyze Enron's stock using both technical and fundamental analysis. At the time, 1998, Enron was a high performing company, however, after taking on a project on financial analysis as part of their course work the students met inconsistencies in the annual report. These discrepancies suggested that something was amiss, and fraud was the likely reason. Cornell University has a live investment fund known as Cayuga fund with $650,000. The funds purchased Enron shares in December 1998 at $27 per share and more in October 1999. This totaled 720 ...
People of Renaissance had a fully-fledged and multi-faceted life and attained a high degree of perfection at the same time in different areas of knowledge and art. The aim of this paper is to review the life of one of Italy’s Renaissance men, Benvenuto Cellini and a review of his early work. The best prime years of his work as an artist were the years in which he sculpted the colossal bronze statue of Perseus. According to ancient Greek mythology, Perseus was the son of Zeus, Lord of the Olympian gods, who was attracted by the beauty of ...
McCorkle and Melanie’s book on the case of the Ad Agency provides for a very scholarly read for anyone who is interested in this sector. The book outlines and explains the principles that should be applied in the Ad Agency. In addition, it gives the concepts and models in mediation, as well as the ethical standards that should be followed. Ethics can be defined as the code of behavior in business practices. Ethics also refer to day to day interactions and how people and businesses should interact.
The models explained in this book include narrative, transformative, evaluative and ...
Introduction
Understanding self- identity in ‘selphie’ portrait photography looks at the influence of social media on the way people take mobile phone pictures connected to editing a new identity as portrayed in the photographs shared on Internet social networks. The amazing popularity of phone camera (see Figure 1) technology, photography, and the number of self-portraits finally appearing on Internet social networks continues creating a phenomenon. The effect looks at how social networks influence how people take selphie (Oxforddictionaries.com, 2014) photographs and edit them. Comparisons of film and digital photography linking to self-identity show a connection ...
Executive Summary
The British Broadcasting Corporation (BBC) Digital Media Initiative (DMI) was terminated in the year 2013 because of lack of progress and many problems. The National Audit Office reported that the project had failed because there was no adequate planning, and there was confusion in the objectives and governance of the project. This report introduces the story of BBC and its failure in the DMI Project. The background of the BBC DMI project is explained as well as the reasons why the project failed. The report explains the importance of project management, and evaluates the major areas of project management ...
Just the same way as music plays a significant role in Native American culture, art has a very special place as well. Native Americans have traditionally used art as a way of expressing their culture for many years. Most of the art was created as a symbol such as eagle, bear, walrus, or people. On the other hand, the Victorian art depicts the cultural belief of the time about romance and beauty.
In native American art, basket weaving served as a very popular form of artwork that served two functions. Cornhusks and reeds were woven together to make complex baskets. The finished basket would ...
In recent years, global baby bust has affected the international market of consumer goods. A significant decrease in the birth rate has influenced the industrialization. A vital decrease in the sales of the consumer goods related to infants has also been observed in the recent years. The national income of several countries is affected where baby bust is on the peak. It is also analyzed that baby bust in many countries have increased the unemployment rate significantly. Low fertility rate leads to the decline in the growth of population. Baby bust produces many negative effects on the consumer ...
Art really inspires my passion, so it was easy for me to choose a work of art that I love, but, on the other hand, it is extremely difficult for me to hate a work of art. After much thinking, I chose the work of art I especially admire and the other one which does not stir my blood so much. The prehistoric and ancient periods are very exciting to explore since art was being made in those times. The work of art I love is from the Chauvet Cave. It is from the Paleolithic period and the works of ...
The Cummer Museum of Art & Gardens is the reward of the civic, social, and business activities of the Cummer family. The Cummers came from a long line of lumber dealers. They started in Canada before expanding their business to Michigan, Virginia, and Florida. Wellington Willson Cummer (1846-1909) went on to found the Cummer Lumber Company in 1896. After the death of Wellington, Arthur Cummer and Waldo Cummer, along with his son-in-law, John L. Roe, all of them had ranks in the family business inherited the company. Nina May Holden (1875-1958) a young lady from Michigan City, Indiana married Arthur ...
(Your Full name) (Your Mailing Address) (Your phone number)
(Address and Zip code [Example: Topeka, KS 66612])
Dear Legislator (Full Name of Recipient),
I would like to present this letter to you to advocate on the issue of human trafficking, which also includes children as victims. This is basically meant for Diana, 12 years old and a close friend of mine, who I know is one of those exploited by the sex trafficking industry. Thus, I hereby request you to consider this issue and my suggestions for actions to address it. Human trafficking is considered the world’s largest industry that exploits millions ...
Body Armour Thesis:Texts for: Introduction, Rationale, Conclusion
Body Armour Thesis
Body armour has traditionally been designed with the principal purpose ofto provide providing protection for the wearer against sharp objects and ballistic threats. A ballistic ballistic-resistant fabric stops projectile penetration by reducing energy transfer to the body upon impact, i.e. the fabric flattens the bullet and diffuses its energy [1]. On the other hand, stab stab-resistant fabric should resist pointed/sharp object penetration and slash. However, the point surface of a knife tip, ice pick or syringe needle is much smaller than that of a bullet and remains the same size as it passes through a fabric. In fact, currently ...
Introduction
While in the designing process, a designer may use design-specific thinking activities. The most common definition of design thinking is one which puts an empathy in problem solving, rationality in studying and fixing solutions to problems, and creativity in innovating solutions to problems. Design thinking has the role of matching people’s needs with solutions that are technologically feasible as strategy of the business. Companies and organizations can upgrade their problem solving techniques and skills once they have information on how to successfully approach and solve multi-dimensional problems individually, as well as the appropriate methods to ideate, choose and implement a ...
___________ University
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Paper Due Date
The concept of beauty is a function of multiple variables. The idea of beauty is ephemeral and ever changing. It cannot possibly be static or constant. One of the basic reasons that make the perception of beauty so transient and ever changing is the fact that the perception of beauty is a subjective phenomenon. In an online dictionary, the term “subjective” has been defined as “existing in the mind; belonging to the thinking subject rather than to the object of thought.” (“Definition of Subjective” Dictionary.com) The online dictionary further defines the term “subjective” as placing excessive emphasis ...
Body armor, not a new phenomenon, has been progressively used by security and military forces to mitigate serious injuries during their professional activities. Soft body armor and hard body armor design became more effective against projectiles and stabbing, and light in weight for the comfort of wearers’ activities. Originally developed by the Japanese, soft body armor is constructed of woven or ballistic resistant fabrics and can surpass 30 layers. In 1970s, the manufacture of Kevlar® was sponsored by the National Institute of Justice. Modern hard body armor is much lighter and effective since it has a large amount of new generation ...
Question # 1
The Implications of the Global Baby Bust for Marketers of Consumer Goods Question # 2 The Implication of the Global Baby Bust for Marketers Who Sell to Government Retirement age is more likely to be acute especially when the baby boomers retire. The government and the marketers who sell to the government now have all the reasons to worry the extent to which people will find affordable the basic demands of an aging population. The government’s worry is the amount of money lost from tax revenues due tax advantages provided in employer-sponsored Qualified Pension Plans (QPPs) ...
Financial Crisis of 2008
The economics professionals during the global financial crisis underestimate the dimensions of the issue once it unfolded. Gerald (2010, p. 120) traces the deep roots of the failure in the lack of understanding and the misallocation of research in economic efforts. Bondt (2010, p. 140) claim that the economists in this period disregard the construction models that can drive an effective result in the world-markets. The economic profession fails to communicate the shortcomings and the limitations of the preferred models to the public to depict transparency. Prior to the financial crisis, economists largely rely on the construction models that ...
ABSTRACT
This study explores on the effects of the subprime financial crisis (SFC) on the United States (US) that lasted between 2007 and 2011. Key to understanding the foregoing requires further exploration of the history of subprime lending in the US and its implications to the SFC. A qualitative review of studies under the provided brief literature review provides the methodology for the accomplishment of this study. Findings show that apart from worldwide economic effects, the US greatly suffered from the collapse of its subprime lending market, the decline of financial institutions due to providing too much allowance to granting ...
- Ricardo and Marx and Keynes embraced the finite nature of the capitalist system. Compare and contrast their technical and philosophical justification for this. There are many economists who made considerable contributions in the field of economics. For the purpose of answering this question, we will focus on the works and principles introduced by these three economists: David Ricardo, Karl Marx, and John Maynard Keynes. The focus of this section is the capitalism-centered economy and the technical and philosophical justification and rationales of their principles. In order to do that, a concrete operational definition of Capitalism should be established ...
“12 years a slave” by Steve McQueen and “Django unchained” by Quentin Tarantino are the great movies telling us about the slavery. Both of them are well written and have famous actors staring in those movies. However I would like to draw attention to the main points of the movie production in general and to compare the cinematography, sound and special effects, montage in these movies. Starting with “12 years a slave”, this movie was written after the memoire by Solomon Northup in 1855, and was based on a true story. After watching this movie I can tell for sure that ...
The art of the ancient Greeks and Romans is called classical art. Classical art is a name used to describe certain periods in which various artists searched for their inspiration to this archaic style. The Romans learned painting and sculpture mainly from the Greeks which assisted in transmitting Greek art to ages. Greek and Roman sculpture has had a profound effect throughout the ages. Greek sculpture took early inspiration from Egyptian and Near Eastern monumental art from 800 to 300 BC (Singh 563). However, this evolved over the centuries all this evolved into a sole Greek version of the art form. Arguably, ...
Introduction
The raven is poem which talks about the undying devotion of love. The narrator in the night of December sits to read the book forgotten lore as a way to forget the loss of his love called Lenore. As he continue reading the forgotten lore a bird called raven steps into his chamber when he went to investigate it perches on the bust of pallas above his door. When the raven comically and serious positions itself it makes him get amused. The man out of his curiosity asks the bird to tell him its name .Surprisingly the bird answers him ...
Abstract
This paper will reflect over four articles regarding car theft in Dallas. It will present an outline on each of these four articles.
Main Body
The first article: “Auto Thieves Strike When Iron, Summer are Hot, Authority Warn Dallas Areas Drivers” Thesis Statement: July is the time of most car theft in Dallas 1) First Main Point: Every summer during the high temperatures, there incline of vehicle break in
A) Supporting Detail:
1) July is the worst month 2) They have an event called “Watch Your Car Month” alert the public 2) Second Main Point: There an automobile crime every ...
Inflation targeting and Interest rate targeting are two primary and most popular monetary policies across the globe today. Inflation targeting can be defined as a central bank policy that revolves around meeting and adhering to preset and publicly displayed targets for the annual rate of inflation (investopedia 2013). The benchmark used for inflation targeting varies from country to country but is some form of price index of a variety of consumer goods. Most commonly this benchmark is Consumer Price Index (CPI). While Interest rate targeting as a monetary policy regulates and checks the interest rate charged by one depository institution on an ...
In what ways is Friday Night Lights a book about sports and sexuality? There are, of course, the Pepettes, but what else from this text is either explicitly or implicitly about sex or gender performance? Friday Night Lights is a book that is mostly in part about a football team in a small town, Odessa Texas, that is faced with many struggles and trials, the guys on the football team is held in high regards in Odessa. They are looked at as the town hero’s, which places a major emphasis on male sexuality, in that the women are considered minuet, as the ...
1. The future of the European Community is in doubt at the present time after long slow development since the end of WWII becoming the European in 1993. a. How did the European Community emerge? The authors Yergin and Stanislaw suggest that the European Community started to emerge after World War II with the Italian Communist turned Democratic Socialist, Altiero Spinelli. Before that time the French FM Monnet had been influential in developing the plan. “In 1941 . . . (Spinelli and two of his fell prisoners) set out to write a manifesto for a new Europe, a united Europe” (Yergin & Stanislaw 6553). ...
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The Raven is a dramatic monologue, a narrative poem and one of the most popular poems of Edgar Allan Poe. The poem shows different stages of the speaker’s mood which is pensive and sorrowful throughout as his beautiful beloved has died. Loneliness and alienation as well as beauty and death are the themes of the poem. The speaker is reminiscent of the beauty of his beloved, and also her untimely death. The speaker shouts out in the end, “Leave my loneliness unbroken!” because it also helps him reflect upon himself.
It is certainly a long poem of eighteen stanzas comprising ...
Impact of sovereign debt on the performance of international equity markets
Introduction This essay analyses how sovereign debt problems initially faced by a few relatively small economies could trigger a wide impact on financial markets. The impact of the spill-over effect of sovereign debt is examined by using Greece as an example, whose economic GDP is only about 2% of the Euro Zone economy but its debt crisis has had a damaging impact on the financial markets across Europe and other parts of the world as well. The essay specifically examines the international performance of the bond market, thus analysing the extent to which the poor bond performance of one country ...
Upon first glance at the articles, I wondered why such an outdated piece as “Cheap Oil!” from Time magazine published in 1986 was included, but it turned out to be one of the most interesting pieces to read in light of the ecological and financial circumstances of the time it was written and today. As oil slipped to $10 a barrel in 1986, “many economists” thought that the “bargain petroleum would bring a go-go era of healthy growth that could last until the early 1990s” (Time, “Cheap Oil!” 1986, pp.1-2). As far as economics go, this prediction appears to have come ...
Human Sexuality
The article under review is entitled “factors influencing young women’s sexual and reproductive health”, by Carmel Siebold in the Contemporary Nurse Journal volume 37, issue 2, of the year 2011. The article aims at adding knowledge to the experts and professionals in the field of medicine in order to increase their accuracy in coming up with programs for the youth women and the adolescents in general. The article based its hypothesis on the point that media influenced reproductive and sexual health of young women and adolescents. The media offers sexually arousing messages to the youth, women and adolescents ...
Blackjack is one of the oldest games in the history of man - no one really knows how the game started or where it originated, and tales of its existence go back centuries. Regardless of its history, it remains one of the most popular card games played today, with millions of dollars being gambled at casinos around the world. Despite the game being one of ultimate chance, there is a strategy that has been cropping up in the past few decades that allows smart, calculating minds to anticipate what cards they might get - card counting. This strategy takes substantial ...
According to the first scenario, Sowell talks of the housing boom, which affected most parts of the United States. Peculiar situation arise which changed housing economics in the United States for the first time- ever increasing supply of housing units. The reasons, notes the author was the fact that the mortgages were unregulated, making it easy for most people to enter in to the housing business. The drop in interest rates of mortgages in this scenarios, also lead to the housing boom. Individuals who never had sufficient collateral were also allowed to get subprime loans. The issue was ...