Managed investment scheme Essay Example

Managed investment scheme Essay In Australia, investor can choose from a wide vvariety of investments which include managed investment schemes (MIS) and direct investment which consist of shares, debt and hybrid securities. Each investment scheme will a set of corporation act to protect its investor, as it is important to make iinvestors feel confident and secure. Iinvestors can choose the types of investments to invest in depending on their personal traits and ambition as the different investment contains different characteristic. We will dive in more on MIS, direct investment and hybrid investment together with each of their advantages and disadvantages next. Managed investment schemes Manage investment schemes, otherwise known as collective investment schemes, are schemes in which funds are gather from different investor to invest in a common investment, usually a high risk investment that deals with huge amount of money. Under s 9 of the corporation act 2001, a manage investment schemes consist of three elements. Investor contributes money or moneys worth, theres a generation or intended generation of a financial return or benefit and the investor do not have day- to-day control over the use of the money. We will write a custom essay sample on Managed investment scheme specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Managed investment scheme specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Managed investment scheme specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Under s 601 EA(4) states that a registered MIS requires to have a responsible entity (RE) which would be responsible for any losses or damages from violating Ch 5c. The RE is also a trustee of the scheme. The RE also have to fulfil his duties, under the s 601 FC (1), he must act honestly, exercise a degree of care and diligence, act in the best interest of the members, treat all members equally and he cant make use of information gathered as RE to gain improper advantage or cause detriment to members. Under s 601 MB, Contracts is considered as voidable at the option of the investor if the MIS is found guilty of violating any of the act. The advantage of MIS is that the investment will be undertaking by a professional investment manager which could offer a better returns and risk management because of his experience and knowledge. Moreover, it can help reduce risk by diversification, it works by investing in different company, usually companies that has a negative co-relation, reducing losses if the price of one company drop. Another benefit is that it the cost is shared among the other investor. The disadvantages of MIS is the loss of owners rights, allocation and uses of funds will be determine by the fund manager. Although MIS is a very lucrative piece of investment, the amount of returns will be reduce because of the cost of the fund manager, normally they will expect a ppercentage of returns from the overall earnings. Debt financing Debt financing is a type of tool companies used to raise capital through borrowing. Creditors are entitled to fixed interest pay out and will be able to get back the invested amount at the maturity date. Debt financing are usually considered as a stable and low risk investment thus the return are lower than the others. Debt financing consist of bank finance, trade finance, debentures and private debt. Debentures is the rights to enforce a companys undertaking to repay the debt owe as stated in s 9 or the corporation act. Section 124 of the Corporations act 2001 allow companies to issue debentures and to borrow through the use of the debentures. Deoentures can De rea011y transTer ana can De llstea on tne Australlan stock exchange (ASX). The advantage of the form of investment is that the interest pay-out is fixed and the investor will be able to get back the amount invested at the predetermined maturity date. Lenders are place ahead of equity holder in the event of liquidation. The downside to this is that there wont be any growth on the principle of loan because it is fixed. Unlike equity holders, creditors cant get involve in the day to day operation of the company or vote. Equity Equity financing is one of the ways a company can use to raise money through the sales of shares. Shares consist of ordinary shares and preference shares. By buying the shares of a company, investor will also gain owinership of company, the size of the owinership will depend on the amount of shares one held. Under section 124 of the corporation act 2001, any of the company will be able to issue shares but only a ublic company will be able to offer its shares to the public. Disclosure document such as the prospectus, profile statement and offer information statement are required under chapter 6d of the corporation act. The prospectus offers protection to the investor who wish to purchase shares from a company by disclosing all information. The benefits of investing in shares is the ability to collect dividends, dividends will be decided by how much the company has made. Another major benefits is the ability to make capital gain by selling shares, because shares are known to be volatile, prices may move up and down at any time, capital gain can be ade if shares is sold when it is rising. The negative side of investing in shares is that it is risky. Shares prices might crash and investor would suffer losses. Furthermore, equity holders are ranked before bond holders when the company goes into liquidation, shares holder may or may not be able to get their money back. Hybrid securities Hybrid securities are a form of securities that combines debt and equity instruments. The most common form of hybrids is convertible bonds. Convertible bonds allows the owner to convert bonds into shares at todays price. The main advantages is that it as a fixed interest repayment like a bond, iinvestors can also choose to convert it to a shares if the company is doing well. Making a profit from the dividend or by capital gain. The downside is that it has a low interest pay out as compared toa bond and it is ranked after bonds holder in the event of liquidation. I would invest the $10 000 into government bonds. Government bonds are consider as one of the safest investment and it will be logical to invest in it as I wanted income first and growth second. Besides, I would be able to collect the interest pay out and the invested amount at the maturity date.

buy custom Significance of Mercantilism in 16th Century Europe essay

buy custom Significance of Mercantilism in 16th Century Europe essay Mercantilism was an economic doctrine that said government control of foreign trade was supposed to be paramount. Its importance was ensuring prosperity and security of the states that practiced it. This practice continued in Europe for almost two centuries (16th to 18th). It is known to have caused some diplomatic friction among states. This was because the practice had several characteristics that did not favor fair trade. The significance of this doctrine was favored by its policies. By implementing these policies, mercantilism controlled trade to the favor of the European states. The polices included high tariffs on manufactured goods, monopolizing of markets, exclusive trade with colonies, restricting trade in foreign ships, offering export subsidies, banning exportation of silver and gold entirely, promotion of manufacturing of goods through subsidies or research, using cheap labor, maximization on use of locally available resources, and restriction of domestic consumption of g oods with non-tariff barriers to trade. The era of Colombus on his serial discovery of lands, mercantilism was still in play but there was a minimal degree of its use. Colombus discovered numerous lands and islands. The discovered lands and islands were made European colonies. By this, trade was not between the colonies and the European states, but it was partially utilizing cheap labor and abundant resources. Colombus discovered America; this led to colonization of America by European powers. The form of trade that existed between the colony and the colonizer in this case of America and the European states was labor-for-goods. Mercantilism and its policies had all the routes and ports secured for trade. To the advantage of the European states, mercantilism blocked trade between a colony and other states. The presence of powerful monarchs and abundance of resources enabled European nations to secure all productive lands while exploiting cheap labor through slavery. From South America to North America, southern Asia and almost the entire of Africa; European states had taken control of trade. Securing land and slaves provided grounds of trade and cheap labor; these were vital resources to the trade. Industrialization in America began extensively in the 17th century. However, this is not the period when decision to industrialize America took shape. It was before then that plans to develop America were decided on. The indigenous people who existed in the lands that were discovered were treated and referred to as natives. The European states using the mercantilism doctrine did not actually follow the policies filed under the doctrine. This is because the doctrine was in favor of the Europeans nations only and was not in any way favoring the colonies. For example, trade was exclusive with colonies. The interpretation of this policy has it that the European states were free to do trade with whoever they wished but constraints restricting trade betwee n colonies and other parties. With the above goals by the European states, the significance of mercantilism was to control trade by channeling all the resources to their side. It was in the best interest of the 16th century Europe toacquire the necessary resources at that period. They were securing the future of industrialization and economic development by controlling the flow of resources, raw materials, and labor. By restricting ports, it is only the ships of the colonies and their own that would dock that those ports. Standardization and classification of ports as trade points was to ensure that invaders and trade rivals were kept at bay. ] Colombus was Both a Hero and Villain Christopher Colombus was one of the highly recognized and respected voyagers. In other words, he was a hero looking at one side of the picture and a villain looking at the other. During his time, Colombus was devoted to making history by discovering as many ne lands and islands as he could. His determination paid off in that he was able to discover many historic islands and continents. His effort doesnt mean that he was taking people to live in those areas he discovered. It means that he brought the lands and the islands to the recognition of the European monarchs. This recognition led to what we can now call sophistication. Europe is one of the wealthiest continents in the world. This was an added advantage the Europeans had over the rest of the world. They would use their wealth and organized nature to conquer and retrieve land and slave for their own use. Colombus didnt bring sophistication to the world, but he helped those who could by incorporating determination and passion to voyaging. Many are times that he asked for funding from monarchs with conditions that upon discovery of new territories he would be incorporated in their management. Several attempts failed to yield success with winning the support of the monarchs. He did not give up with his petitions for support in exploiting his ideas. His insistence paid off in that he got the support he required. The journey towards discovery was full of challenges brought by mere estimations and wrong interpretation of data. Among the data that was interpreted wrongly involved direction and distance. The wrong interpretations and misjudgment of quantifiers led to even more discoveries that would not have been made if specificity and accuracy was observed. As a villain, Colombus and his men were responsible for humanitarian atrocities. During the first and the second voyages, Colombus record was clean an undented. On the third and the forth voyages, his record of discovery was drawing a bad picture considering the good he had done. After discovering several territories and islands, Colombus was placed to be in charge of the Indies. His reign was controversial in that he used to take gold from the people as a means of taxation. 14 years olds were some of his victims; those who could not afford gold to pay their tax had their hand chopped off. Most of hisvictims died from bleeding in these cases. After being banished from throne, Colombus and his brothers were shipped back to Spain. Still confined at some prison in Spain, Colombus wrote a letter to the king at that time, claiming that he was being disrespected by being chained considering all he had done for them. This was exploitive move to get his brothers and himself out prison. As a human being, this was the period he was supposed to take responsibility for thee deaths he was responsible for. However, he chose to buy himself out by laying claims that all he had done in terms of discovery was enough to exempt him from facing punishment and reinstating his leadership position. Talking to Children about Colombus and the Appropriate Age for it Children can be the wrong audience when choosing who to tell about Colombus. However, we do not have the control of all sources that may find out from. Assuming that all sources that can make children discover about Colombus were rendered inactive, the decision of talking to them is a personal choice that should be thought about carefully. The truth about Colombus can have both positive and negative impacts on the lives of the children we choose to talk about it with. The minds of children develop relative to age. At age 6-10, that can be referred as the infantry stage. From age 13 onwards is a better stage to consider talkingto children about Colombus. At this stage, the minds of the children are able to process information that carries some weight in it. The effect that the information may have on the lives of the children is a vector entity. It can be either positive or negative, but a sure thing is that knowing the truth behind the history of their country cannot lessen the pride they have for their countries. Killing is wrong and committing atrocities because we are protected by the laws is despicable. If children understand that Colombus was an important person who turned villain; would be a lesson to them that would teach them how to be better leader when they get the age of it. On the other hand, the good side of Colombus may have guaranteed positive effect on the lives of the children if they are motivated well enough. Striving to achieve the best and not being afraid to lose track, are some of the good qualities that a child can learn from being talked to about Colombus. Children need to know the history of their countries and some of the well known personalities behind the making of the history. This should only be done at a stage when their minds are fully developed. Sources Used In writing history, accountability and accuracy play a great deal in making the information valid and reliable enough. Archeological evidence and secondary data from reliable sources is crucial when compiling history. The discovery narrative about Colombus is written following research on the archeological evidence like water ways, land marks, and direction of wind. These are necessary for the accountability of time, direction, destination, and purpose. Secondary data is used from paintings and written literature. The combination of archeological evidence and secondary data is sought to ensure accuracy of the information. The inquiry of sources in this reading furthers my understanding in that before making my judgment, I convinced that the author took his/her time to research thoroughly before putting down the findings. Compiling information from one type and nature of source brings out biasness. Collectors of archeological data and the writers of history books when working separately, their individualopinions could be immensely flawed. The opposite is true if they join hands or if one refers to both when writing. Buy custom Significance of Mercantilism in 16th Century Europe essay

Analysis of the Influences That Make People Risk Takers

Analysis of the Influences That Make People Risk Takers What Makes People Take Risks? Have you ever felt you are on risk before? If yes, how do you feel at that moment? And would you like to do it again? The answers can be very different for each person. In order to know what the differences are we should know what risk is. Risk is some kind of possibility of suffering harm or loss or a situation involving uncertain danger. From the meaning of risk, people can look at risk in different point of view. Some people dont want to take or to deal with risk at all but some people want to take risks because of many reason; biological factors, getting self-confidence, and getting away from boring life. First of all, people have risk taking instinct, which causes them to deal with any dangerous situation eagerly. This might be due to a dangerous, difficult, and uncertain past that ancestors passed on that made them strong and well trained for taking risks. In the article Taking the Bungee Plunge, Bensimhon (cited in Men’s Health, 1992) mentions the same thing that human being are intrinsic risk takers who survive and who thrive on risks. By this reason, it is obvious that some people want to take risk because they have risk taking instinct. In addition, Israeli scientists have found one kind of gene know as D4DR that influences people’s characteristics. The scientists believe that people who have the gene tend to look for thrills. This kind of gene, D4DR, is also called thrill-seeking gene. (â€Å"For Our Ancestors, Taking Risks Was a Good Bet†, 1999) In other words, the thrill-seeking gene in human is another reason that influenced people to take risk. Secondly, it’s mentioned in the Bensimhon’s article also about how people get confidence after thriving risks. In this case, people have the best moments when their body or mind is stretched to its limits while they are taking risks and after accomplishing it, they feel very confident. In addition, in the article â€Å"Risking Nature†, the author also mentions the same idea that people seek out nature even though it’s dangerous because of a desire for self-reliance. (â€Å"Risking Nature†, 1999) Naturally, people like to have freedom or to be self-reliance, so when they take risks, it’s like they can control their destiny by themselves. For example, when students have a chance to go study abroad, it’s taking a risk because they have to make the decision to come to another country which they have to deal with strangers, a new culture, a new language, and different kinds of food. They can’t meet their family, friends, or girlfrien d/boyfriend. Its a very big difference for them to adapt to everything new in their life. They might be unhappy staying oversea which is a risk. However, they still want to try to get over this risk because they have the wish to reach their goal and to succeed in their education. In addition to the reasons mentioned above, people who take risks also want to get away from their boring life. According to Bower cite in the article â€Å"Going over the Top†, a number of athletes who do the extreme sports is increasing and the reason is to get away from their boring life and to seek something exciting and challenging. The players think adventure sports are relatively safe but worth trying. Also in the article, Douglas says that every day life’s dissatisfaction causes the spread of extreme sports. In conclusion, I think some people take risks because of different reasons based on what that they think or want to get from the risk they are going to take. It could be good for their mental or physical health or maybe both. Doing so should be based on awareness, carefulness and safety of that people. Then no harm will happen to a risk taker.

Marine Fisheries Research Paper Example | Topics and Well Written Essays - 1250 words

Marine Fisheries - Research Paper Example Due to marine fishing, the number of stock that is available for the fish breed to ensure their sustainability for the next years has always reduced. Therefore, there is need to ascertain whether marine fishing has reached to a point where it threatens the extinction of some species of marine fish and relate these to environmental ethical issues. The main aim of the study is to ascertain the impact of marine fisheries and how it relates to some of the environmental ethical theories. The following research questions will assist in attaining these research objectives. Is the level of marine fisheries threatening the sustainability of some marine fish? How does these relate to the environmental ethical theories like utilitarianism? Any entity that is engaged in harvesting or rising of fish is referred to as a fishery. The terms that typically define a fishery are types of fish or species, individuals involved, the area of seabed or water, fishing method, the activities, purpose or the class of the boats. Fishers as well as fish are usually combined in the definition with the latter utilizing similar gear types to fish similar species. Aquatic culture, fish farming or capturing wild fish may be involved in a fishery. Fish stocks are continuously being reduced due to overfishing that has led to fish being taken beyond sustainable levels. (Jennings et al, 78)

Disintermediation in Tourism Essay Example | Topics and Well Written Essays - 1000 words - 1

Disintermediation in Tourism - Essay Example The impacts of disintermediation are various. It has impacted the travel and tourism industry significantly. The supply chain of travel and tourism industry involves tour operators, travel agencies, travel agents and others. Traditionally prospects and people have been depended on these mediators largely for their information and booking needs. Development of web technologies helped the service providers in travel and tourism industry such as airlines, car rentals, hotels and others to offer their services and information through their website. In the image below (Image 1) of WTO 2001 report on E-Business for Tourism, it clearly presents the number of intermediaries which are replaced by the Internet. However, it is evident that these intermediaries co-exist with the internet even in the countries where the internet users are high in number. The use and growth of website services depend on the number of factors like number of internet users, technological platforms available and many others. There are various reasons of disintermediation in the tourism industry. The primary reason is the development of technological platforms offering alternates to the traditional intermediates. The other reason is the cost reductions due to the removal of intermediates. The Internet offers a platform where tickets can not only be booked online but various tourism packages can be customized more effectively than the traditional methods. It makes the marketplace highly competitive as information available to the consumers as well as the options available to them is numerous. More destination choices, there detailed information including videos and availability of an interactive platform such as internet benefits the customer groups. The service providers are able to offer services at the lower cost as the commissions and charges involved for the intermediates are reduced.

The Metamorphosis & Existentialism Essay Example for Free

The Metamorphosis Existentialism Essay Franz Kafka’s The Metamorphosis is a masterfully written novella about Gregor Samsa, a man who devotes his life to his family and work, for nothing in return. Only when he is transformed into a helpless beetle does he begin to develop a self-identity and understand the relationships around him. The underlying theme of The Metamorphosis is an existential one that says that any given choice will govern the later course of a person’s life and that a person has ultimate will over making choices. In this case, Gregor’s choices of his part in society cause him to have a lack of identity that has made him to be numb to everything around him. One morning Gregor awakens to find himself transformed into a beetle. Although the reader is never enlightened on how Gregor morphed into a beetle, or shown that Gregor gives much thought to having a body of an insect, Kafka gives the strong impression that Gregor is very devoted to his work and is the sole support of the family, none of which work themselves. Gregor devotes himself to a life of work and self-sacrifice, â€Å"[d]ay in, day out- on the road† (Kafka 4), following ever order, and expectation to a scurrilous degree. His life could be linked to that of a drone in an ant colony, and thus gives an explanation to Kafka’s logic when he is transformed into an insect, and thinks nothing of it. In fact upon finding himself transformed he immediately prioritizes his work above everything else; The next train left at seven o’clock; to make it, he would have to hurry like a madman, and the line of samples wasn’t packed yet, and he himself didn’t feel especially fresh and ready to march around. (5) Through his transformation into a beetle, Gregor abandons his mislead obligation to society and instead devotes the rest of his life to himself. Because of this Gregor’s family quickly grows to resent him as a burden to the household. Society and his family had no further use for him, so Gregor starves to death is his bedroom. On the opposite end of the spectrum, Gregor’s father began the story as a lazy and non-productive human being. He relied solely and completely on his son. After Gregor’s transformation, his father followed suit. He became a proud and productive individual of the lower bureaucracy. He found the balance between work and leisure that Gregor could not. According to Kafka and existentialism, people have both an individual side and a side with the commitment of society. It is our choices that must be in moderation of the two, to maintain balance. If a person chooses himself over society, he will lose the support of society; however, if a person chooses society, he will lose his individuality. Gregor initially chooses society over himself, which in turn transformed him into the working drone he was. After his physical transformation, he is forced reassert his focus to himself, and society abandons him. Through Gregor’s plight, his family became cohesive and productive in society, each contributing through work and leisure. Gregor learned to live for himself too late to become a whole person. Gregor begins to look for entertainment and fun in the form of a bug, a form that knows nothing but work, by crawling up to the ceiling and hanging from there, or from wall to wall over the various objects, this gave him a feeling of â€Å"almost happy absent-mindedness† (32). Haven given up any hope of returning to his human form or being a civilized working part of society ever again, this was one of the only joys Gregor had left in his life. By ignoring the purpose of being an insect, Gregor defeats the purpose of living in his new form of life, and in effect, dies. The Metamorphosis advances the existential view that choice is the opportune of the individual. It is the responsibility of the individual to maintain a balance between work and leisure. The Metamorphosis lends the idea that, if one chooses to devote their life entirely to work, they are no more than droning insects, yet if they devote their lives to leisure, they are no better off. A balance needs to be found. As rational beings, the burden of moderation between value to society and value to self must be assumed by the individual. One must be productive in order to be valuable to society, and one must have leisure in order to be valuable to them.

Revolutionary War Essay -- essays research papers

How the Revolutionary War Begun Following the French and Indian War, or otherwise known as The Seven Years War, Britain was in major debt as with many countries after war. On the other hand the Colonies were thriving from trade and agriculture. At the end of the war the parliament in England had no organized plan to reduce the enormous debt they had bestowed upon themselves. Financing the French and Indian War had almost doubled the national debt. The parliament had stumbled into the beginning of the Revolutionary War without even knowing it. They were looking in an entirely different direction when the colonies exploded with a rage that eventually turned into the American Revolution. The Seven Years War 's outcome also affected the impacted the Revolution by giving soldiers experience that would later help them lead armies and make decisions to win the Revolution. Among these men were the prestigious names of Paul Revere, Ethan Allen, Horatio Gates, Charles Lee, Daniel Morgan and the man who is known as our founding father George Washington. During the French and Indian War Washington was assigned a mission which was a success and he was considered a hero which later helped his success in the revolution and the presidency later on . The King's minister were trying to find a way to finance the King's military policy. During the French and Indian Wars England had paid for the defense of the Colonies as well as providing most of the troops and leadership in the war. But, rather than demobilize at the end of the war, King George III decided to keep the army at 3/4 strength. Eighty five regiments were kept on alert in case of renewed hostilities between the British and French. There was still the problem of paying for the regiments though. They could not tax the countryside any more because of current taxes that were already too great. The solution, however, was to station most of the army in Ireland and the Colonies requiring locals to house and feed the soldiers. They also made up the Sugar Act, Stamp Act and the Towshend Duties to cover the Å“359,000 needed yearly to sustain the regiments in the Colonies. The first of all the taxes or Acts was the American Revenue Act of 1784, or called the Sugar Act. It wasn't even a new tax even. It was a change of an old customs duty. In order to stop trade from the West Indies to the Colonies Parliament in 1733 had passed... ...on the outside, that it was for change it was mostly to keep things the way they were. Without having to pay new taxes or having to change to be ruled by England. A leading historian once said, "A salient feature of our Revolution was that its animating purpose was deeply conservative. The colonials revolted against British rule in order to keeps things the way they were, not to initiate a new era." We agree with this completely. Instead of accepting change as it came. Every bit of change from Britain was challenged in America by revolutionists and even Loyalists. All the new taxes no matter if they were good or bad were hated. Then again there is always the taxation without representation saying. That is true but they still did not want to be represented that was the last thing they wanted. They wanted local government and taxation like it was before the Seven Years War. The driving force behind the war was the continuing effort to keep thin! gs that same and not different. But after the war they were not prepared for the drastic changes that would come about. But we still got out independence from England and now have the most powerful, successful country in the world.

School Locker Search Persuasive Essay

School Locker Searches: Protecting Your Children â€Å"The National School Board estimates that more than 135,000 guns are brought to school each day† (Debate). Besides weapons, drugs like marijuana are reportedly used by up to 22. 6 percent of 12th graders (Drugabuse). With rising danger in schools, locker searches seem like the right thing to do. A locker is owned by the school and loaned to the student, therefore entry is always legal. With this legal authority, schools should flex their rights and protect their students. With rising crime rates and high-profile shootings, firearms are often stored in the schools’ lockers.If these are searched daily or even weekly, students would be in a much less dangerous setting. Finally, frisks can stop some of the biggest issues in school: drug dealing. A simple run-through can remove some of the most dangerous substances in school   In short, locker searches prove to be legal, cause a safer-feeling environment, and prevent cr imes. First off, lockers are school property, and therefore subject to any search. Although students are protected by the fourth amendment, lockers do not have to follow this guideline (Nytimes).This reasoning has been tested in numerous court cases, namely in the Supreme Court’s decision of New Jersey v TLO (Nytimes). In this ruling, a it was stated that School officials do not have to follow the strict Fourth Amendment guidelines in school. Furthermore, lockers must also be maintained. This means that they require entrance for regular maintenance and custodial problems, like rotting food. If this isn’t done, health hazards could be a massive problem for students in the building. Finally, in every Lakeville South handbook, students agree to locker searches when they start school.It is written that locker searches will be conducted at random. This gives a very civil warning for the students. For these reasons, locker searches are not only legal, but fair. Next, locker frisks can provide a peace of mind for individuals in the building. According to one New York Newspaper, 200 students were evacuated after a shooting threat was found in the women’s bathroom (Smithtown). Acts like this terrorize students, and disrupt the daily learning. Martha Kaufeldt, an established author and educator states, â€Å"The brain gives priority to processing incoming data that poses threat to survival. (Dialogueonlearning) This means that in threatening habitats, students will perform worse than average. To combat this issue, locker searches could help provide a feeling of safety, thus allowing students to fully apply themselves to school. Simply put, locker searches will create a safe and enjoyable atmosphere. Lastly, schools must protect against the use of lockers in serious crimes. In January 1999, a bomb explosion in a Kansas High School locker sent 11 students to the hospital (Schoolsecurity).If a search had discovered the bomb, students could have been e vacuated to a safe area and protected from the blast. Adding to the issue, a half pound of marijuana was found in a 13 year old’s locker (Thenewsdispatch). He later confessed to police that he intended to sell the drug. In both these cases, the school became a dangerous environment and disrupted daily learning. Had the school regularly frisked lockers, students could be confiscated of dangerous materials or even discouraged from bringing them in the first place. Actions like this can increase safety and student involvement in class.In short, locker checks create a safer, more efficient environment for everyone in school. All in all, there is no reason a school shouldn’t search lockers. As its property, an institution can search anything it owns, without a reason. While removings drugs and firearms, these searches protect students and faculty alike, creating a safe and efficient workplace. Finally, locker frisks will promote a safer feeling environment, preventing unnec essary absences by students. With the dangerous crime rates, it only endangers students to skip much-needed locker frisks.

Four Business Types – Pros and Cons

In my opinion, Corporation is the best form suited to venture as intended by Victoria & Quentin because it is separate legal entity distinct from its owners & have well defined registered by laws. These organizations are highly regulated & attract capital even from outside source very easily & existed infinitely. The main issues concerning the Intellectual property rights in providing licensing Marvel's intellectual property to Universal studios are Copyright and Trademark protections to the theme parks which Disney proposed to develop by using Thor, The Hulk, Iron man etc. Law related to copy rights gives the author or creator of work the exclusive rights for limited time span in order to promote creativity & allow control over use of artistic creations. Authors have been given powers to manage the characters (like The Hulk, Iron Man etc) as created by them & any one copying it definitely attract legal provisions (Chapter 17 of the United States Code). However there is the right of public to benefit from the authors work but that too exist on supposition that once copyrightable work enters public domain, others should be allowed to benefit from it and can make make it better for the excellence of all. Where Copyright law protect original writings of an author & dealt with character development and individualization protection trademark laws actually take care trademarks commercial value & designed to safeguard endures against confusion as to source or authorization of an item. Therefore trademark owner has given control over use of the sign or mark in association with those goods and services for which mark symbolizes. The Securities Act of 1933 which originally introduced on account of economic crisis of 1929 and mainly focus on two main objectives: First, to ensure more transparency in financial statements so as to facilitate investors to take informed decisions and second, to establish stringent laws to curb fraudulent activities/misrepresentation in securities markets. Whereas the Securities Exchange Act of 1934 derived to provide for governance of securities transactions in secondary market & to regulate stock exchanges and intermediaries (broker-dealers) to protect public investments. The main purpose of Securities Act of 1933 was to maximize the disclosure of financial through the detailed process of registration of securities. In case investor suffers losses on account of misleading information, they have recovery rights on proving that losses arises due to incomplete or inaccurate information. Whereas by means of Securities Act of 1933, Securities and Exchange Commission (SEC) was created which has broad powers & authority over all aspects of the securities market inclusive of brokerage firms, transfer agents, and clearing agencies and even nation's securities self regulatory organizations (like New York Stock Exchange, the NASDAQ Stock Market, Chicago Board of Options, Financial Industry Regulatory Authority etc). This act also provides the Commission with disciplinary powers over various regulated entities and persons associated with them & include provisions for periodic reporting of certain information by companies whose shares are publicly traded. A company planning for an IPO must appoint a lead manager (book runner) who helps to determine appropriate price of shares to be issued, which can be done by either of the two methods i. e. ither through lead managers or through analysis of confidential investor demand data, which is to be compiled by the book runner known as book building process. IPO requires effective planning comprising of development of an impressive management and professional team, significant growth of company's business so have known public marketplace, available audited financial statements following Internationally accepted accounting principles, compliance's of various act, good corporate governance practices etc. Victoria & Quentin fund raise not amount to IPO but a private placement/funding in which funds can be raised not directly from public but through private investors/ merchant bankers or private equity firms on which minimum regulations are applicable & statutory provisions of an IPO are not applicable. Patent: Patent protects an invention which is novel, useful, and non-obvious. Whereas invention refers to any new article, new machine, or any process or combination thereof or any new use developed by human being but that invention must not form part of public domain nd not previously known in the public before invented. It must be new. Also that invention must be non obvious to person skilled in art. Copyright: Copyrights usually protect the works of an author like writings, music, artistic work or art work which can be expressed in tangible form. It generally gives protection to software, web, course materials, publications, electronically or non electronically, printed or non printed. Trade Mark: Trademarks gives protection to the words, names, marks, symbols, or colors etc. hich differentiate between the goods and services and direct to the source of those goods or services. Trademarks can be renewed forever to the extent they can be Trade Secret: A trade secret is an information which the organizations generally keep secret or undisclosed so as to give them advantage on their opponents/competitors. In the given instances, there is an infringement claim of patent which is design with respect to chip clip for multiple bags of potato chips & another is an infringement of Copyright & trademark when to use the words â€Å"Astroclaw†Ã¢â‚¬  similar to â€Å"Atomic Claw†. In order to make case their effective Victoria & Quentin must prove that, there is no infringement of Intellectual Property rights. They can give evidence to prove that the designs & music has already been created by them as new without copying and their claims & application filed by Gunnar & Alexander fails to serve the test of patentability. Shareholders defined as individuals or artificial legal person who issued stock/shares in a company with a view to get benefit with the hope of earning of profits by company. It is a sort of investment in ownership of company and get rights to the extent of their investment. Whereas stakeholders are the persons who impacted by the policies, rule, regulations & working of an organization. This is the broad term comprises of whom an organization directly or indirectly associated with. It referred to as somebody who has stake or interest in actions of the company at large or even small scale. This term in connection with a corporation consists of its staff, employees, customers, supplier, vendors, dealers & society in wider context. This is the term generated out of need of suitable corporate governance as well as part of corporate social responsibility. Shareholder owes fiduciary duties to minority shareholders as well as to other stakeholders comprising of society at large, means they must act in their self interest so as to maximize their profits by following corporate governance principles. I support Mr. Garfield as he is the supporter of new ideas of capitalism & believes in restructuring & revival mechanism of capitalism. He believes that instead of running a failing or loss making business, shareholders should accept beneficial proposal so as to evade compulsory winding up which impacted other business. He appears to be an ethical person when denied to take money from a widow. On the other hand, Mr. Andrew seems to be sympathetic towards employees, workers but actually he not grown up as manger & not taken any action to replace discard technology & owing to above reasons I vote in favor of Mr. Garfield as the organization runs to make profits & if an organization not works well, it must be restructured in a manner so as to maximize wealth of shareholders.

Bilingualism in the US essays

Bilingualism in the US essays Bilingualism has had a bad rap lately. Prop 227, the Unz Initiative, successfully passed removing bilingual education from California schools replacing it with English immersion. For some reason, Americans feel that only one language is necessary and that language is English only. Although the general consensus is to remove any form of bilingualism in this country, research has shown that being bilingual is not bad but is actually a good trait to have. Bilingualism is defined as people who use two languages in the course of their every day life are not identical to those people who use only one language to communicate. For bilingual individuals their two languages form a unitary whole (Valdes, 6). What that means is that anyone who can effectively communicate in two different languages is bilingual. Whats added to the definition is an aspect that creates a separation between a mere familiarity with two languages and full communicative skills in two languages. That is important because there are two kinds of bilingual people: elective bilinguals and circumstantial bilinguals. Elective bilinguals are those who choose to become bilingual by taking classes to learn a foreign language (Valdes, 12). Those are people who took French or Spanish in high school or any other form of educational environment. Circumstantial bilinguals are those who learn another language in order to survive (Valdes, 12). These are usually immigrants f rom foreign countries with different languages. The biggest difference between the two is choice. Elective bilinguals choose to be bilingual while circumstantial bilinguals have no choice. This is important because this paper focuses on circumstantial bilinguals because I will emphasize on the uniqueness of the immigrant experience and why that uniqueness should be embraced rather than shunned. Richard Rodriguez in his book Hunger of Memory writes about his experience as a second-generation Me...

Transnational Corporations Essay Example | Topics and Well Written Essays - 3000 words

Transnational Corporations - Essay Example Basically, TNCs' aggregate yearly sales would correspond to or are greater than the annual gross domestic product (GDP) of most countries. A classic example would be Itochu Corporation's sales which exceed the gross domestic product of Austria, while those of Royal Dutch/Shell run parallel with Iran's GDP. Together, the sales of Mitsui and General Motors are greater than the GDPs of Denmark, Portugal, and Turkey combined, and US$50 billion more than all the GDPs of the countries in sub-Saharan Africa (UNCTAD 1994). Because of their considerable size, TNCs are likely to control and dictate in industries where output and markets are oligopolistic, or converged in the hands of a comparatively small number of firms. The top five car and truck manufacturers are responsible for nearly 60% of motor vehicles' global revenues. The five leading oil companies account for over 40% of the industry's world market share (The Economist 1993). TNCs' operations cover the whole world; however, they are based for the most part in Western Europe, North America, and Japan. The Swiss electrical engineering giant ABB has facilities in 140 nations, while Royal Dutch/Shell digs up for oil in 50 countries, conducts refining activities in 34 homelands, and markets its products in 100 nation states. Offices of the US food processing firm H.J. Heinz cover six continents and Cargill, the US's largest grain company operates in 54 countries. Britain's major chemical firm ICI has manufacturing operations in 40 nations and sales affiliates in 150 countries (Hoover 1993). The term transnational corporation means a "for-profit enterprise" which is explicitly identified by two salient features -- 1) engages in enough business activities -- including sales, distribution, extraction, manufacturing, and research and development -- outside the country of origin so that it is dependent financially on operations in two or more countries; 2) management decisions are made based on regional or global alternatives (Hadari 1973). In essence, transnational corporations are recognised as prime components of capitalism and a most important conduit of globalisation. Globalisation, TNCs and Host Governments In this age of frenetic globalisation, the transnational corporation is indisputably the free markets' first-class and "untouchable" agent. Economically, these corporate giants dwarf the resources of many developing countries and evidently such status can be attributed to its extraordinary capacity and swift faculty to create wealth. Dubious however, is its reputation as an economic distributor, as a democratic contributor, and as a supporter of human rights in general (Letnes and Westveld 2004). These issues are specifically debatable in developing countries where some view the transnational corporation as a vehicle of development while others see it as nothing but a neo-colonial tool of exploitation. Interaction is Motive-Dependent In the face of contradictory motivations and intentions and the fact that TNCs overshadow many of the smaller economies in bargaining power (Evans 1985, 216-21; Walters and Blake 1992, 124), TNCs engage in positive dialogues with host countries economic and social conditions (especially in the sphere of human rights) -- out of either a genuine sense of social responsibility or out of respect for the market force of the spotlight phenomenon

1973 Chilean coup d'tat Research Paper Example | Topics and Well Written Essays - 750 words

1973 Chilean coup d'tat - Research Paper Example The poems of this artist were conveying the message of the dilemmas of being deep-seated in a brutal, harsh and oppressive political establishment. When he was released from custody, Zurita facilitated the establishment of group of radical artists that was against the oppressive acts of Pinochet. In his writings, Zurita rolled out the prevailing conditions that were there before the coup, during the coup and what followed after the coup. The coup was carried out three years after Salvador Allende was elected president of Chile (Zurita 25). Salvador was the person in charge of the Chilean Socialist party, and he became the first president to be elected to office through a free and fair, diplomatic election. Salvador’s government experience grave economic tribulations with very high rates of inflation and unemployment. He developed strategies that would control these problems including price con trolls and nationalization of industries and firms. He also reinstated the diplomatic relations with the neighboring countries (Zurita 29). Everything was running smoothly, and all artists including young Zurita had a lot of freedom to do all manner of arts, until Salvador appointed Augusto Pinochet as commander in chief of the Chilean army. With the help of the CIA, Pinochet plotted to overthrow the Salvador’s government through a military coup on September 1973 that left Allen de dead (Zurita 32). What followed Augusto’s victory was what Zurita responded to in his writing. The Chilean parliament was closed down, and the constitution was suspended. Further, Augusto debarred all the political actions, and the trade union agreements that existed as well as strictly muzzling the media. Augusto allotted himself as the president, and he ordered the killing of more than of Salvador supporters. Anyone who was suspected of holding liberal meetings was either suspended from their job or jailed