Pocahontas and the powhattan dilemma free essay sample

It is said that there are many different versions to a story. There is one persons story, then there is an other person’s story, and then, there is the truth. â€Å"Our memories change each time they are recalled. What we recall is only a facsimile of things gone by.† Dobrin, Arthur. Your Memory Isnt What You Think It Is. (online magazine). Psychology Today. July 16, 2013. http://www.psychologytoday.com/blog/am-i-right/201307/your-memory-isnt-what-you-think-it-is. Every time a story is told, it changes. From Disney movies to books, to what we tell our friends and colleagues. Sometimes the different sides to the story challenge the way we think about ourselves and other people. The Pocahontas story is no different, from the productions of the Disney movie Pocahontas, to the writing of the book Pocahontas, and the writing of Powhatan Dilemma by Camila Townsend. Each individual person has an opinion. What they choose to believe in all depends on what they want themselves to think. We will write a custom essay sample on Pocahontas and the powhattan dilemma or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page We can all pretend we live in a nice happy place where there are no problems, such as to believe that the English settlers came in strictly for peace and strictly for that one reason alone, but life isn’t always how they portray it to be. Where are these happy endings where everyone is nice and if they were not, they were later regretful of their malicious actions. People are ruthless; instead of peaceful settlers setting out to explore a new world and try to learn about it’s mysterious ways with the help of natives, Pocahontas was in all reality captured by the English settlers and was forced to abide not only by their customs, but by their religious thoughts, and indigenous ways. After her unwanted adventure, she was â€Å"let† by the English settlers to have a second â€Å"opportunity† to go over to Europe, and explore a new world for her people and learn about the â€Å"right† ways to live life. She was a brave woman who faced a horrific adventure with unknown people for the good of hers. Contrary to the Disney movie, Pocahontas meets John Smith by a waterfall and  quickly gasped by love meant to be by the shaking of their hands. Townsend examines the following months on the settling of the English, as well as Pocahontas’s kidnapping, to her imprisonment, down to her marriage to John Rolfe, her conversion to Christianity, and finally her death. A major contrast between the Disney Stories and movie of Pocahontus, was that they had failed to mention her kidnapping. Pocahontas’ kidnapping was unjust and surprising as it was by the community of the man who would be her husband and later the father to her child, although Pocahontas had already been married since the age of twelve or thirteen to a man named Kocoom. Pocahontas’ early marriage was then ended when her warrior Kocoom had then disappeared, for reasons unknown. After this disappearance, Pocahontas later then married to John Rolfe as she had the choice to choose any man she wanted without the fear of being judged and called cold for her remarriage. Another major difference between Disneys portrayal of Pocahontas and Townsend’s portrayal of Pocahontas is her decision to be baptized. Although it would have been seen as a betrayal to her tribe, Pocahontas chose to be baptized, with the consent of her father. Even though it was well known to Powhatan (Pocahontas’ father), that with his consent of Pocahontas’ baptism (now Rebecca), he would lose not his people’s respect, but as well as their trust, he allowed the people pursuing â€Å"God’s Will† in converting the â€Å"uneducated† into his faith because of his knowledge and understanding that it was better to view the English as friends or alliances so he can later use their friendship for knowledge, and not have them as enemies. Pocahontas’ eventual disease caused death was never portrayed in the Disney movies of Pocahontas which is something that should have been evident. The way you perceive Pocahontas, and the way I perceive Pocahontas, and the way Uncle Billy Bob perceives Pocahontas, all depends on how and who the story was told by. If Uncle Billy Bob had only read Disney’s book of Pocahontas and you had only watched the movie, and I had only read Townsend’s Pocahontas and the Powhatan dilemma, we would have a completely different theory on the events and would all tell a different story when trying to explain it to any one person.

Perfectionists Read This! There is No Getting It Right!

Perfectionists Read This! There is No Getting It Right! You can please some of the people some of the time. A few months ago, I received a call from a potential client who told me he had almost decided not to call me because he did not like my website. My immediate response, as a lifelong perfectionist, was to think, â€Å"I need to fix this!† I asked him to tell me more about what he didn’t like. I looked at some other web sites he said he did like. I even spoke to my web designers about what it would take to redesign my site to be more Web 2.0. Then I took a step back. This was one person. One potential client. I have no way of knowing exactly how many other people are not calling, which is what scared me and made me think I should make changes. But other people were calling me and telling me they chose my company over many others on the web because they were so impressed with my web site! Some of them even purchased my highest-value packages. Given these realities, my business coaches suggested that redesigning my site was not the best choice of investments right now. With the benefit of wisdom and reason, I decided to wait before making any major changes and to make some minor tweaks to my existing site instead. My site is performing just fine, imperfect though it is. If you are a job seeker, take this story to heart. On a conference call this month entitled â€Å"Debunking Resume Myths,† one of the participants, a resume writer, shared an enlightening story about one of her clients (I’ll call him Jim). Resume in hand, Jim began applying for positions locally. One company, which was not well-regarded in the area, criticized the resume for being too polished. Jim was undeterred and kept applying for positions using his spiffed up resume. Not long after the first company’s criticism, another company, with a reputation as an excellent place to work, complimented Jim on his decision to invest in a professionally-written resume. This company ultimately hired him, and he remains in his new position today. If Jim had spent his time trying to get it right, changing his resume every time anyone did not like it, he might have missed out on applying for a job he wanted. We have a winner! These stories prove that no matter what decisions you make with your resume, personal statements or written documents of any kind, some people will like the finished product and some will not. The best advice I can give is to create a document that you feel best represents who you are; the right company, school or client will appreciate the way you present yourself and act on their opinion! Sometimes sticking to your gunsand not striving for impossible perfectiontakes courage and patience. Sometimes you might discover after a period of time that you truly have missed the mark and need to do something differently. But if you give your best shot a chance to reap rewards, you have an excellent chance of coming out a winner. Do you have a story of a time when one person criticized your document or presentation and another person (besides your mom) loved it? Please share below.

Binge Drinking on the rise in the UK Essay Example | Topics and Well Written Essays - 1000 words

Binge Drinking on the rise in the UK - Essay Example Other bits of information are presented more somberly, such as information concerning the amount of alcohol in a standard drink and how fast the body metabolizes alcohol. The source achieves these objectives by providing the information Dr. Hanson has collected from studies over the past forty years. The sections are arranged in a format familiar to young people. Question and answer sessions that are devoid of preaching but flush with scientific fact are easily accessed. Dr. David Hanson has published over 300 scholarly articles on issues related to alcohol consumption over the past forty years. He has written two full length books and appeared on numerous television and radio programs as a recognized expert. He is currently Professor Emeritus at the State University of New York at Potsdam. He clearly states in his biographical information that he receives absolutely no funding for his research from outside sources, so he is beholden to no one. He states that he publishes what logic dictates regardless of who it may offend. This source for information on alcohol consumption is decidedly left of center. The author spends much time debunking myths about alcohol consumption that seem to be near and dear to the heart of right wing discourse concerning alcohol consumption. Most notably, the author makes a strong case for parents to consume alcohol with their children within the home. This is a radical notion in the United States, where a prohibition of alcohol consumption for anyone under the age of 21 is in effect. While more common in Europe, American families rarely drink together until the children are of a legal age to do so. Another segment of the web site that is decidedly left-leaning is the suggestions the author makes concerning the deterrence of drunk driving. The author argues that proactive initiatives such as Driving While Intoxicated (DWI) courts are especially helpful because their outcomes

Human resources management at Foxconn - 2 Essay

Human resources management at Foxconn - 2 - Essay Example It has been estimated that Foxconn currently supplies nearly forty percent of all electronic components required worldwide (Duhigg & Bradsher, 2012). Additionally, Foxconn generates a revenue of around 3.5 billion USD each year and employs around 1.2 million people worldwide, making it the single largest global employer (Business Week, 2013). In recent years Foxconn’s employment practices have come under intense scrutiny given a number of untoward incidents with Foxconn employees. The suicide rate in Foxconn workers shot up following 2010 in China while there was an intense riot in the Mexican manufacturing plant (Daily Mail, 2006). Human Resource Management (HRM) Issues and Solutions HRM Problems Foxconn has been blamed for providing workers with low compensation compared to other establishments. However, it must be taken into account that Foxconn’s Chinese plants are in one of the country’s poorest regions and hence people are willing to work for the wages offe red (Daily Mail, 2006). As long as labour supply and demand economics remain unaltered, the minimum pay of the workers in Foxconn’s plants will remain the same. On another note, there have been massive complaints that Foxconn tends to skip out on overtime payments even though workers are forced to work overtime. In certain cases, Foxconn employees have not been paid wages for various reasons without much proper justification. Additionally, there have been instances where work place accidents were either ignored outright or paid little attention to (Williams, 2012). This indicates that management attitudes towards safety are relatively low if not lax altogether. There have also been allegations that work place accidents are common at Foxconn manufacturing plants and often such accidents go unreported. HRM Solutions A number of different HRM solutions can be presented in order to deal with Foxconn’s current problems. This paper will limit its focus to Goleman’s Em otional Intelligence model and the Managerial Grid model in order to solicit solutions for Foxconn’s employment problems. Goleman’s Emotional Intelligence Goleman (1998) has declared that emotional intelligence is essentially the â€Å"sine qua non† of any leadership mechanism (Goleman, 1998). Emotional intelligence can be seen as the ability to recognise, evaluate and manipulate the emotions and emotional states of oneself and of other individuals. Goleman’s model (1998) asserts that a leader needs to be able to identify emotional symptoms in order to manipulate the worker to submit to the leader’s settled direction. However, it must be kept in mind that Goleman’s model (1998) has come under intense scrutiny on a number of different accounts and needs to be evaluated accordingly to provide solutions for Foxconn’s problems. For one thing, Goleman’s model (1998) has been criticised for being too qualitative in nature and of bein g unfounded through actual HRM practice. Goleman’s model (1998) and its derivatives do boast of quantitative tools such as the Emotional Competency Inventory (ECI) and the Emotional and Social Competency Inventory (ESCI) but the use of such tools has not been approved of except in academic circles (Bradberry & Greaves, 2009). The application of Goleman’s model and its derivatives to the world’s largest private employer, Foxconn, would make little sense as

Researched analysis paper Research Example | Topics and Well Written Essays - 1500 words

Researched analysis - Research Paper Example He introduces the audience to the theme of being unsatisfied. The author develops this theme through the use of symbolism where he talks about sports. He clearly shows how Troy does not appreciate his achievements. The use of symbolism to elaborate on various themes has been tremendously effective in the play (Wilson 34). August Wilson created the play fences in the year 1965 as one of his dramas for the 20th century investigation of the evolution of black people. The author has sufficiently made use of symbolism to tell the life of Troy and his family. Fences by August Wilson are a play that revolves around building a fence in their backyard. It also concerns a metaphorical fence. Troy Maxson who acts as the protagonist of Fences is displaying a strong and hard character. Troy has lived his life in America where being a black; one had to face various pressures that would even crush one’s body and soul. In the beginning on the play, there is the use of foreshadowing and conflict that one can attribute to his belief that he has failed in life. This also explains that the world did not give him what he deserved (Anderson 34). Troy believes that he has to go outside to seek refuge. He uses the introduction of the drama to reinforce the plight of African American as a method of preparing the audience. This enables the audience to view the drama based on economic and social conditions of the African American in the 1950s. The natives look upon these people as inferior people and rank them low as immigrants who come to America to find a better life. Many of the African American had migrated to the North which instead of welcoming them, pushed them aside. It is this life that Wilson intends the audience to comprehend through this play (Shanon 17). He makes a clear introduction of the fence to act as a symbol on various levels, which comprise of, both individual and societal

A Culturally Competent Psychologist Social Work Essay

A Culturally Competent Psychologist Social Work Essay Culture as a construct is difficult to define. Definitions of culture often refer to a set of contexts, specifically man-made elements of the environment (e.g., institutions, values, and traditions), that form a part of the collective experience among members of a society or group and that are also trans-generational as a consequence of social learning (Betancourt Lopez 1993). Some psychologists consider ethnoculturalism as the fourth force in psychotherapy (Betancourt Lopez 1993, p.629). Implicit in this is the notion that culture is a factor in influencing behaviour. To be a culturally competent psychologist, therefore, it is important to plan and implement psychological practice and research that respects group identities, local communities, indigenous values, and national and cultural differences. Cultural competence is not about being politically correct. Cultural competence has real world consequences for individuals that, in relation to psychology, are typically vulnerable or in need. The national enquiry into the stolen generations, where Aboriginal and Torres Strait Islander children were removed from their families (Human Rights and Equal Opportunity Commission 1997), for example, inferred that health workers participated in the calculated effort to assimilate out of existence indigenous individuals and cultures, an example of genocide. This apparent lack of cultural competence by health workers, psychologists among them, has contributed negatively to indigenous individuals psychological and physical health through mourning the loss of culture (Eisenbruch 1991), stress associated with interacting with a foreign culture (Westerman 2004), and trans-generational abuse (Atkinson 2002). Cross-cultural psychology endeavours to explicitly acknowledge the need for cross cultural awareness and competence in the discipline of psychology. Cross-cultural psychology is the systematic study of relationships between the cultural context of human development and the behaviors that become established in the repertoire of individuals growing up in a particular culture (Berry, Poortinga Pandey 1997, p.x). The goals for cross-cultural psychology include investigating the generalizability of existing theory and research results, investigating other cultures in order to identify unique cultural experiences in behaviour, and the integration of this research to establish a more universal discipline of psychology (Berry, Poortinga, Segall Dasen 2002). An investigation into behaviour as it occurs in another culture reduces ethnocentrism (Betancourt Lopez 1993) and enhances the discipline of psychology. Cross cultural research findings have observed that cultural explanations of mental illness held by psychologists are strongly correlated with shaping their response to individuals with affective problems and the subsequent course of those problems (Jenkins 1988). Also, in relation to affective problems, an individuals immediate social environment appears crucial to its sequence and prognosis (Harding, Zubin Strauss 1992). Finally, findings also suggest that members of minority groups defined by race and ethnicity are vulnerable to patterns of misdiagnosis due to a bias by clinicians to over-pathologize their problems (Good 1992). In the United States, for example, psychologists, regardless of race, have been found to diagnose more severely, and attribute more violence, dishonesty, and dangerousness to, patients that are black (Loring Powell 1988). Policy clearly has a role to play. The American Psychological Association (APA), often the policy guide for the Australian Psychological Society (APS), has made the inclusion of course components that pertain to multicultural issues, encouraging cultural competence, compulsory across training (American Psychological Association 2011) although in reality they are not compulsory as core or primary courses (Hills Strozier 1992). Also, cultural competency is not mandatorily assessed in relation to gaining registration in the United States (Sue 1998) and what assessment occurs during training differs from that done in relation to other training areas (Altmaier 1993). In addition to training, the APA Office of Ethnic Minority Affairs (1993) has published guidelines to assist with the provision of culturally aware psychological services for the practising psychologist. Training and practice constitute the areas upon which cultural competence policies are defined, as they are for Australian psychologists. To be registered as a psychologist in Australia one must complete an Australian Psychology Accreditation Council (APAC) accredited and Psychology Board of Australia approved course (Australian Psychology Accreditation Council 2011). APAC is the accreditation authority responsible for accrediting education providers and programs of study for the psychology profession (APAC 2011) whilst the Psychology Board of Australia functions as a subsidiary of the federal governments Australian Health Practitioner Regulation Agency (AHPRA) (Psychology Board of Australia 2011). Finally, the APS, like the APA in the United States, is a voluntary organization that endeavours to represent psychology and psychologists in Australia. Despite this, the Psychology Board of Australia has adopted the APS Code of Ethics (2007) for the profession (Psychology Board of Australia 2011). Ethnoculturalism is recognized as important to the discipline of psychology and, as such, APAC (2010) has nested cultural competency within training for the discipline. Courses must encourage knowledge and understanding of: intercultural diversity and indigenous psychology; how the science and practice of psychology is influenced by social, historical, professional, and cultural contexts; the cultural bases of behaviour and organisational systems; issues for minority or marginalised groups; limitations of psychological tests with particular reference to cultural issues; and interpersonal skills in communicating effectively with clients, other psychologists, other professionals, the community, individuals, small groups, and agencies from varied cultural, ethnic, religious, social, and political backgrounds (APAC 2010). Training eventually gives way to practice. The APS Code of Ethics (2007) references ethnoculturalism in a more general way through three general ethical principles. The APS Code of Ethics (2007) is based on the respect for the rights and dignity of people and peoples; propriety; and integrity. In the first general principle, respect for the rights and dignity of people and peoples, (APS Code of Ethics 2007) psychologists are encouraged to have positive regard for diversity and uniqueness of individuals and their right to linguistically and culturally appropriate services. Acknowledging the particular needs of indigenous Australians, the APS has also published guidelines for the provision of psychological services for, and the conduct of psychological research with, Aboriginal and Torres Strait Islander individuals (APS 2003b). Whilst there are no other specific ethnocultural guidelines, there are guidelines for other groups such as women (APS 2003a), and groups defined by sexual orientation (APS 2000). The Code of Ethics frames practice. Essentially there are three types of psychologists; clinical psychologists, applied psychologists, and research psychologists (Nairne 2009). Clinical psychologists diagnose and treat psychological problems; applied psychologists extend psychological principles to practical, non-clinical, problems; and research psychologists conduct research to elucidate essential principles of behaviour and cognizance (Nairne 2009). Whilst registered psychologists can arguably do little in regards to their initial training content, ongoing professional development and supervision are two areas where cultural competency can actively be developed and maintained. In addition to this, if involved in research, a culturally competent approach could be nested within it. So, it is in the areas of professional development, supervision, and research where the cultural competence of the practicing psychologist may be developed and honed. Continuing professional development (CPD) is a requirement for annual renewal of psychology registration (Psychology Board of Australia 2011). Identifying professional development to enhance cultural competence initially requires an assessment by the psychologist of their needs in relation to culturally competent awareness, knowledge, and skills (Pedersen 2011). Once an assessment is made, the psychologist can actively address deficits. CPD can then be identified that further develops an awareness that culturally learned assumptions exist and interact with those of a patient; develops meaningful information and insight into the patients unique cultural context; and finally develops a skill set that can facilitate patient change (Pedersen 2011). Early career psychologists may find the identification of necessary CPD daunting. Supervision, then, may assist in accurately identifying CPD needs in relation to cultural competency. Supervision is mandatory for psychologists (Psychology Board of Australia 2011) and can play an integral role in regards to cultural competency skill acquisition and expertise (Sue Sue 2008). Supervision may be defined as a process whereby a more experienced clinician mentors or imparts specialist knowledge to a clinician, or group of clinicians, less experienced (Bernard Goodyear 2004). Formative and summative assessment of cultural competency can assess the degree of supervisee cultural competency and guide further cultural competency training (Hays 2008). A supervisor, therefore, needs to encourage the development of cultural awareness, the reduction of bias, and developing strategic interventions in relation to future patients (Sue Sue 2008). Psychologists need to integrate cultural competence into their professional undertakings in recognition of the increasing diversity of their social context (Sue Sue 2008). For applied and clinical psychologists, interactions with patients are central to their provision of service. In relation to this patient / psychologist interaction, Pedersens (2011) Triad Training Model underscores the need for cultural competency and, by extension, its development through supervision and CPD. Pedersen (2011) suggests that when two individuals communicate there are actually three conversations occurring simultaneously. There is the uttered exchange; the psychologists own internal dialogue; and finally the internal dialogue of the patient (Pederson 2011). Cultural competency is imperative, according to Pederson (2011), as the greater the cultural difference between the psychologist and patient, the less likely the psychologist will accurately hear the internal dialogue, positive and negative messages, of the culturally different patient. Research too, then, needs to become more sophisticated, expanding the utility and generalizability of any findings. Psychological research, in regards cultural competency, is lacking in three areas: diversity amongst researchers; appropriate ethnocultural studies; and culturally appropriate assessment instruments (Gil Bob 1999). Firstly, the lack of diversity may be addressed by actively recruiting students from diverse backgrounds as co-researchers (Casas Thompson 1991) as well as striving for a culturally diverse research team matched to that cultural group being investigated (Atkinson, 1993). Secondly, cultural groups identified for research should be engaged in the development of research questions and that subsequent research should be monitored by members of these groups for community relevance and general quality (Casas Thompson 1991). Finally, assessment selection should consider cultural orientation, particularly as instruments are often Eurocentric (Dana 1996), and that any translations be accurately assessed in regards to their meaning (Brislin 1993). CPD, supervision, and research are three areas that the psychologist can actively develop cultural competence. The development of cultural competency is not a finite exercise but, rather, a lifelong process of learning. Being a culturally competent psychologist encourages research that is both sophisticated and more generalizable, and relationships between psychologist and patient that are more explicitly anchored in a cultural context, enhancing therapeutic outcomes in a wider range of therapeutic settings. To be a culturally competent psychologist, therefore, it is important to plan and implement psychological practice and research that respects group identities, local communities, indigenous values, and national and cultural differences.

not a real paper :: essays research papers

I'm just trying to join this site. Sorry I don't actually have a paper to donate. If I had the time to do it I would find a paper to give. But I don't. Maybe later. Printing overview When you create a document or enter data into a spreadsheet, you may want to see what your work looks like in print. To do this, you must install a printer. The printer might be attached directly to your computer, or it may be a shared network printer located in a common copy room. Once installed, the printer will be listed in the Printers folder as well as in the Print dialog box of the program you are using. A variety of settings and print options are available once the printer is installed on your computer. For example, you can share your printer with another user or set up a separator page so you can easily identify your document among other documents. You can also change options that specifically affect how a document is printed. For example, you can change the page layout from portrait to landscape or you can change the number of copies that are printed. For more overview information and a list of common tasks, see Related Topics. To print a document Open the document you want to print. On the File menu of the program you are using, click Print. Notes In the Print dialog box you can see the number of documents waiting to print on any printer installed on your computer by right-clicking the printer in Select Printer and then clicking Open. If you are logged on to a Windows 2000 domain running Active Directory, you can click Find Printer to search for a printer on the network with the capabilities you want, such as high-speed or color printing. For more information on searching for a printer, see Related Topics. To store a document as a file rather than sending it to the printer, click the Print to file check box in the Print dialog box. For easy access to your printer, you can create a shortcut to it on the desktop.

Have the UK banking law regulation reforms introduced after the 1st of April 2013 led to increased and sufficient protection to promote financial stability?

Abstract Banking law regulation has advanced significantly since the global financial crisis was first instigated in 2008. Most notably, on the 1st April 2013 the Financial Services Authority (FSA) was abolished and its functions transferred to two new regulators: the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). The Bank of England (BoE) also took over the FSA’s responsibilities for financial market infrastructures and the Financial Policy Committee (FPC) was established. Despite these reforms, it is questionable the financial industry is being better regulated and it seems as though further changes may still be needed.[1] Introduction The Financial Services Act (FSA) 2012 came into force on the 1st of April 2013 in order to establish a new regulatory framework for the financial system. Under the new Act, the Financial Services Authority (FSA) was replaced by two new regulators; the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). A Financial Policy Committee of the Bank of England was also created and the Bank of England was provided with the power to regulate and provide stability to the financial system.[1] This new regulatory structure became known as the ‘twin-peaks’ model and was considered to be a â€Å"major milestone for the Regulatory Reform Programme.†[2] The Act made significant amendments to The Financial Services and Markets Act (FMSA) 2000 and restructured and broadened the law relating to market manipulation and misleading statements and impressions. The scope of the special resolution regime under the Banking Act (BA) 2009 was also extended and a new category of regulated activity in relation to benchmarks (e.g. LIBOR) and credit ratings was created. The approval, supervision and discipline of sponsors regime under the FSMA was also changed and the regulation of consumer credit was transferred to the FSA. This study will discuss these new regulatory regimes in greater detail in order to consider their effectiveness. Research Aims and Objectives The aim of this research is to find out the extent to which the 2013 reforms have proven effective in providing increased and sufficient protection to promote financial stability. Research Question Is the banking industry being regulated effectively? Have the 2013 reforms improved the regulation of the banking industry? Are further changes needed to the banking system to ensure that financial stability is being promoted? Key Words Financial Industry Banking System Financial Stability Banking Law Twin Peaks and Banking Banking Regulation Methodology A secondary research approach will be undertaken for this study by accessing relevant text books, journal articles, governmental reports and online legal databases. This will enable me to acquire the appropriate information that is needed and will allow me to analyse existing literature in this area. This will be a more cost effective and time saving way to undertake the research. This is appropriate for this particular assignment as it would be extremely difficult to obtain primary research from large organisations such as the FSA. A Qualitative research method will be used as this study requires a descriptive outcome as opposed to a predictive one. Literature Review The aim of a bank is to provide financial services to individuals and organisations by enabling them to either borrow or deposit money, whilst also creating credit. However, because of the complex nature of the modern banking business, a lack of regulation appears to exist in this area. This is evident by the recent financial crisis which seemed to demonstrate that banks are capable of taking extortionate risks without any intervention. This is damaging to the economy as well as consumers. However, because of how difficult it is to determine what a bankers business should consist of, problems arise when trying to establish how the banking industry should be regulated. This literature review will provide an overview as to how effective the current regulatory system is by reviewing banking law as it currently stands. This will be compared to the approach that was undertaken prior to the financial crisis and an assessment as to whether more effective regulation now exists as a result of the 2013 reforms will be provided. The Financial Services and Markets Act (FMSA) 2000 regulated the banking and insurance sector and provided the FSA with the power to regulate the financial system. The objectives under the Act were to provide; â€Å"(a) market confidence; (b) public awareness; (c) the protection of consumers; and (d) the reduction of financial crime.† However, since the global financial crisis (GFC) was instigated, it became apparent that a new regulatory structure was needed. Many argued that the system failed to adequately account for the complexity of modern financial markets and the nature and pace of financial innovation.†[3] A more interventionist approach was said to be needed to that those providing financial services could be regulated better.[4] This would help to combat financial crime, which was considered one of the main reasons for the GFC.[5] The FSA was largely criticised for failing to keep abreast with the advances in society and that as a result they were no longer required. Hence, it was suggested that it was only a matter of time before the FSA was abolished completely: â€Å"the diminished role for the FSA is simply a reflection of this new reality.†[6] Whilst there does appear to be true to a certain extent, it appears that the role of the FSA did help to regulate the financial sector more adequately over the years and that many banking failures are likely to have been avoided since the FMSA was first implemented. This was stressed by Southern when he considered the importance of regulation in the financial sector[7] and by Sergeant who pointed out that; â€Å"the whole basis of financial regulatory law was recast on a completely updated and integrated basis.†[8] Again, this highlights the importance of the FSA’s powers that were conferred upon it by the FMSA. The Banking Act 2009 was, nonetheless, introduced as an emergency response to the GFC and was intended to provide greater powers to bankers to enable them to regulate the financial sector more effectively. Hence, it was felt that there existed inherent failures within the UK banking system and that vital changes were thereby needed.[9] The Act was considered a welcoming development in preventing future financial panics from taking place.[10] Conversely, it was said that the Bank’s powers were too limited and that as a result the banking system could not be effectively regulated. It was therefore suggested that the Bank should be privatised so that more sufficient banking regulation can be effectuated.[11] Since the 2012 banking law reforms began, a number of further changes have been made to the financial system. As well as creating the FSA, the PRA and the FPC, the Bank of England’s role as the supervisor for financial market infrastructure (FMI) was also expanded by the 2012 Act by â€Å"adding securities settlement systems and central counterparty regulation to its existing responsibility for recognised inter-bank payment systems.†[12] Furthermore, the Financial Services (Banking Reform) Act 2013 was implemented which was intended to provide the HM Treasury and the PRA with the power to implement the recommendations of the Independent Commission on Banking (ICB) on ring-fencing requirements for the banking sector.[13] The FCO has been subjected to great deal of criticism since it was established with many arguing that little benefit has been made to the financial system under the new regulatory structure.[14] Accordingly, significant changes were made to the financial system as a result of the GFC, yet it seems as though further changes are expected to take place since there are increasing concerns about the ways in which financial services organisations (FSO’s) are conducting business.[15] It cannot be said that FSO’s are adequately preserving the interests of its consumers and unless FSO’s have effective risk management strategies in place, a lack of consumer protection will ensue. The FSA 2012 has made great attempts to rectify the difficulties caused by the previous law, yet it remains to be seen whether the new regulatory regime goes far enough. Nevertheless, the existing offence for misleading statements and practices that is contained under s. 397 of FSMA is being repealed and replaced by three separate offence; misleading statements (s. 89); misleading impressions (s. 90) and misleading statements in relation to benchmarks (s. 91).[16] This offence is broader than s. 397 and includes those statements that were made recklessly as well as those made intentionally. This makes it a lot harder for FSO’s to mislead consumers and ensures that more effective regulation is in place. The changes that have been made to the BA 2009 include the extended special resolution regime to certain UK investment firms, group companies of UK banks and UK clearing houses. Under the new regime, the PRA will be responsible for promoting the stability of the financial system by regulating all deposit taking institutions.[17] The FCA will be responsible for regulating retail, wholesale and financial markets, which increases protection and seeks to achieve financial stability overall. Conclusion It is questionable whether the current regulatory regime is sufficient in regulating the banking industry,[18] although significant improvements have in fact been made.[19] Nevertheless, given the complexity of modern banking, it will remain difficult to regulate this area effectively for the foreseeable future. Given that the changes are fairly recent, it remains to be seen just how effective the FCA is in regulating this industry. Given the importance of having appropriate mechanisms in place to deal with any disruptions to the financial system, the changes that have been made so far are likely to be welcomed.[20] This is because, the new twin peaks model is intended to strengthen the current approach to financial regulation, whilst also establishing a more resilient and stable financial system.[21] It is likely that FSO’s will be put under greater pressure to ensure that they are conducting their business in an appropriate manner as tighter controls will be in place. Theref ore, whilst it is likely that future changes are still needed, the reforms that were implemented in 2013 have led to increased and sufficient protection to promote financial stability. Data Analysis In analysing the data, a process will be undertaken which allows each component of the data to be inspected using logical and analytical reasoning. This will allow an assessment to be made as to whether all of the data is effective and reliable. In doing so, the data will be gathered from a variety of sources and then reviewed and analysed so that an appropriate conclusion can be drawn. The quality of the research will therefore be judged in â€Å"relation to the resources available and the effectiveness with which those resources have been used to investigate the particular topic in question.†[22] Ethics When undertaking any type of research, there are certain ethical rules of conduct which need to be followed. For example, any data that is collected must be used in a way that is â€Å"honest, unbiased, sincere, free from errors or negligence, open to critique and it must protect confidential communications.†[23] A risk-analysis approach can be adopted in order to achieve this as well as adhering to the BPS guidelines.[24] Bibliography A Hudson., The Law of Finance, (Sweet & Maxwell, 2009). C Bates., ‘A Brief Overview of the Financial Services Act 2012 and the New UK Financial Regulation Framework’ (2013) Clifford Chance, [12 June, 2014]. C Dawson., Introduction to Research Methods: A Practical Guide for Anyone Undertaking a Research Project, (How to Books Ltd, 4th Edition, 2009). C Sergeant., ‘Risk-Based Approach Central to FSA’s Regulation’ (2001) 151 New Law Journal 1409, Issue 7001. D Awrey., ‘Complexity, Innovation and the Regulation of Modern Financial Markets’ (2011) Harvard Business Law, Oxford Legal Studies Research Paper No 49/2011, [08 May, 2014]. D B Resnik., ‘What is Ethics in Research and Why is it Important?’ (2011) [11 May, 2014]. FSA., ‘Delivering a Reduction of Financial Crime’ (2011) FSA Annual Report 2011/12, fsa.gov.uk/pubs/annual/ar11-12/section5.pdf> [12 May, 2014]. G Nicholson and M Salib., ‘The Regulatory Powers and Purview of the Bank of England: Pre and Post Crisis’ (2012) Journal of International Banking and Financial Law, Volume 28, Issue 10. HM Treasury., ‘A New Approach to Financial Regulation: Judgement, Focus and Stability’ (2010), CM 7874, [12 May, 2014]. HM Treasury., ‘Creating Stronger and Safer Banks’ (2014) [12 June, 2014]. J Smethurst., ‘Forward the Resolution’ (2014) Corporate Rescue and Insolvency, Volume 7, Issue 1, 18. J Smethurst., ‘Twin Peaks: Bridging the Gap. Co-Ordination Under the new Regulatory Framework’ (2012) 1 Journal of International Banking and Financial Law 33, Issue 1. KMPG., ‘Evolving Banking Regulation 2014’ (2014) [12 May, 2014]. KPMG., ‘Twin-Peaks Regulation: Key Changes and Challenges’ (2012) Financial Services, [11 May, 2014]. L Taker., ‘Who Regulates the FSA?’ (2010), [12 May, 2014]. M Denscombe., Ground Rules for Social Research: Guidelines for Good Practice. (2nd edn. McGraw-Hill International, 2009). M Littlewood and S Frith., ‘The Bank of England should be privatised’ (2010) Institute of Economic Affairs, [11 May, 2014]. N Clark., ‘King calls for ‘radical’ banking reform in UK’ (2010) The Independent, [12 May, 2014]. R Tomasic., ‘Financial System Reform or Business as Usual?’ International Banking and Financial Law, Volume 29, Issue 5, 321. S Schich., ‘A Framework for Discussing Bank Regulatory Reform’ (2013) Journal of Financial Regulation and Compliance, Volume 21, Issue 4, 308-318.

The Role of Sports in Popular Culture

The Role of Sports in Popular Culture In 1972, President Richard Nixon signed Title XI of the Education Amendments (1972). This law simple states, â€Å"No person in the United States shall, on the basis of sex, be excluded from participation, in be denied the benefits of, or be subjected to discrimination under any education program or activity receiving Federal financial assistance. † (United States Department of Justice, Section 1681, 2013).In this assignment, Team B will address the issues of gender equality in sports. First, we will provide a brief history and its current state. Next, we will construct an argument about the influence the issue has on sports, its fans, athletes, and imagined communities. Following this, the team will make recommendations about how to consume and participate in sports responsibly, whether watching or playing. Gender Equality in Sports Gender equality in sports has a long and bittersweet history.This history is riddled with discrimination an d division of female athletes from elementary schools, high schools, collegiate, and the professional level. Nevertheless, there have been major accomplishments by female athletes. For example, in 1932 an American, Helene Madison was the first woman in the Olympics to swim 100 yards under a minute. In 1958, the Italian, Maria-Teresa became the first woman to compete in the European Grand Prix.A Moroccan woman named Nawal El Moutawakel became the first woman to win an Olympic medal in the 400-meter hurdles in the 1984 Olympics. Finally, Tegla Loroupe was the first Kenyan to win a marathon in 1994. Today, gender equality in sports has more to do with equal pay, media coverage, and promoting a female athlete as a part time model. The discrimination still exists because it denies the female athlete’s ability, talent, and skills and focuses on them as a sexy object.Case in point, Danica Patrick the first woman to win an IndyCar Series is often depicted as a swimsuit model rather t han a professional racecar driver. Nevertheless, the history of woman in sports will continue to thrived and achieve major accomplishments. Reference Title XI of the Education Amendments of 1972. (2013). Title XI of the Education Amendments of 1972. Retrieved from http://www. justice. gov/crt/about/cor/coord/ixlegal. php#I. Overview of Title IX: Interplay with Title VI, Section 504, Title VII, and the Fourteenth Amendment

Integrative Bargaining Example

Integrative Bargaining Example Integrative Bargaining – Coursework Example Integrative Bargaining al Affiliation) Integrative Bargaining Distributive and integrative negotiation skills are broad categories of negotiation skills. Distributive negotiation/bargaining occurs when the parties involved compete for fixed resources and thus a gain by one party usually results in a loss by the other party, hence the name distributive bargaining, as both parties seek to distribute the resources between them (Carrell & Heavrin, 2008). This type of negotiation has both parties establishing a start point and both gradually making concessions until they reach an agreement (Notini, 2008). It usually occurs where there is no relationship between the parties and they do not intend to establish one. Integrative bargaining however seeks to improve the outcome of the negotiation by bringing together/integrating the interests of both parties to the negotiation process (Carrell & Heavrin, 2008). Both parties are completely honest and do not just think of their interest. One part y may be willing to make a compromise if the solution will benefit both of them. This type of negotiation occurs where the parties have a relationship that they are willing to keep (Notini, 2008).Negotiation researcher Leigh Thompson came up with a pyramid that describes agreements that could arise from the process of integrated negotiations (Carrell & Heavrin, 2008). There are three levels of the Thompsons Pyramid Model. Level 1 is the lowest in satisfaction to both parties and level three having an outcome that benefits both parties fully. Beyond level 3, one party will lose something while the other gains (Carrell & Heavrin, 2008). Level three, Parietal Optimal derives the best outcomes to both parties. Level two, Superior Agreement creates a satiation of value addition to both parties in relation to the agreements achieved (Carrell & Heavrin, 2008). In Level 1, Agreement, the results exceed the expectations of both parties in terms of ZOPA, which is the zone of possible agreemen t (Notini, 2008).ReferencesCarrell, M.R.., & Heavrin, C. (2008). Negotiating essentials: Theory, skills, and practices. Upper Saddle, NJ: Pearson Prentice Hall.Notini, J. (2008). Negotiation Essentials. Retrieved from http://postdocs.stanford.edu/education/Scientific%20Management%20Series/2009_Negotiation_Skills.pdf

How Roche Diagnostics Develops Global Managers Research Paper - 1

How Roche Diagnostics Develops Global Managers - Research Paper Example It is for this reason that the acquisition of global leadership is being considered as a salient feature in business success both at the national and international levels and private and public sectors. 1. Discussing the Responsible Party for Producing Global Leaders The human resources (HR) department is the party with the responsibility to produce global leaders. This is because, it is the HR department that can and should plan, designate, train and also provide compensation plans for engagements with international personnel. The HR department can also make arrangements to have an organisation be able to handle global differences among countries which affect organisational decisions. Apart from extending its recruitment drives to an international market, it is also true that it is the HR department which can persuade a rigid and conservative management into accepting recruitment drives to be made a multinational affair. 2. The Possible Ramifications of Not Having Global Leaders The failure to have global leaders within an organisation is likely to inhibit the organisation’s chances for broadening its opportunities to an international level. This is because the presence of global leaders will help the HR department and managers understand the principles and practices that prevail in the global markets. At the same time, the absence of global leaders in an organisation will not help the locals in a foreign market identify with the organization. This is because, organizations which have their rank and file coming from the mother country are almost always deemed as foreign corporate entities. This is to the effect that if an organisation fails to mingle its personnel with people from different races, religion or country, then the same organisation is likely to carry state-specific stigma. This may inhibit the speed and ease with which the organisation is to penetrate the market and get legally registered. Again, the same failure and subsequent stigma will help cripple the organisation’s volume of sales and stunt its market share (Griffiths, 137). 3. Roche’s Perspectives Program Based on the O’Toole chapter on public policy, the possible changes that can be made in the U.S. to encourage companies to become global leaders must include and take cognisance of the Perspectives Global Accelerated Talent Development Programme (PGATDP). This will portend, the targeting of individuals who are passionate about bringing significant contributions to their industry, but are still at a nascent stage of career development. This will also elicit the need for the factoring and use of experiential learning and development on these talented young professionals. At the same time, the US government and American businesses should work closely to craft new, more effective and broader global networks. Similarly, there should be the rejuvenation of employee exchange and transfer programmes, with emphasis being placed on the aforementione d young employees. This will help these young employees to build broader global networks, experience different areas of entrepreneurship, gain experience on how to manage different networks and accrue skills that will be needful for the advancement of one’s career. The US government can then in turn take to extend business incentives to organisations that practice the PGATDP programme (Griffiths, 137). It may also be imperative for the US government to expand its education, training and community development

Does Chinese Investment Really Benefit Africa Essay

Does Chinese Investment Really Benefit Africa - Essay Example In terms of business, the aspect of investment signifies the acquisition of any physical product and/or services which is duly purchased by the producers expecting a considerable enhancement in their future business operations (Myles, 2003). The importance of the aspect of investment is immense for every business organisation. The proper and adequate investment eventually raises the wealth and widens the financial freedom of the business organisations. The idea of investment generally fulfils the personal goals of the investors and also increases the social responsibility towards employees’ family members as well as the community (Myles, 2003). This particular paper broadly aims towards establishing whether the Chinese investments made especially in African continent can be regarded as beneficial. In this connection, various aspects that include the overall investment scenario made by China particularly in Africa along with critical evaluation of Chinese investments in Africa will be presented throughout the discussion. A Brief Overview of the Chinese Investments in Africa The African continent is recognised to be a significant emerging player, especially in the global market. It is also viewed as the most prominent destination for making investments followed by other countries that include China as well as India globally. This is owing to the fact that the establishment of modern technologies along with raising revenues especially from the few of the commodities that include oil and other valuable products in Africa which eventually boosted the financial development along with the advancement of the country. Due to these significant reasons, Africa is emerging as a great investment destination for several nations similar to China. Particularly, the western part of Africa is observed as one of the rapidly growing destinations in terms of investments, especially in the mining segment (Deming, 2010). In this connection, China continuously is forming up bet ter as well as enhanced financial relations with Africa by taking into consideration the emerging worldwide scenario of the African business market. It has further been observed that the African continent is very rich in terms of natural resources that might boost the economy of China to a large extent. However, the country is observed to lack superior infrastructure as well as technology. Thus, the requirement of superior infrastructure as well as technology in Africa include telecommunication systems, roads, computer network systems and power generation among others eventually broadened various opportunities for the Chinese industries or companies to make investments in the African continent (Deming, 2010). It has been apparent that between the year 2007 and 2008, the business trade value between China and Africa was raised by 45 percent. During that year, the total business dealings between the two nations were estimated to be approximately $106 billion (Deming, 2010). However, d ue to the emergence of worldwide financial crisis, a few of the developed Western countries had decided to reduce the volume of investments particularly in Africa. On the other hand, China viewed this particular fact as a business opportunity with the intention of expanding its market share in Africa. It has also been observed tha