Benefits Of Getting A College Education - 1303 Words

As the price to attend college increases throughout the years many young adults are experiencing increasing difficulty in being able to pay for such an endeavor and many more are beginning to question whether or not it’s worth the price due to the faltering of the economy. The price tag may be the most common concern about getting a college education but another important factor that many students consider when applying for college is how much time they will need to devote to school. Many prospective students think that the time spent in a college math class is a waste when they are majoring in the arts. This results in many students deciding against getting a college education in favor for finding a source of income to support themselves and due to the lack of employment opportunities available today the decision to choose an income over an education is really a matter of survival. However, this is the beginning of a slippery slope that can easily lead to a population that is severely lacking in education which can lead to a disaster in a country where the nations populace are the ones making decisions with their vote. I believe it is time to make education not only cheaper, but more accessible to more people across the country by eliminating course requirements and majors in order to allow students to seek out an education that is tailored to the subject they are seeking to pursue. Doing so will not only result in a lower cost of college by eliminating useless andShow MoreRelatedCollege Is It Worth It?1317 Words   |  6 PagesCollege, is it Worth it? Is college really worth the time and money? This is the question I am going to be exploring. While many people may have an idea that college is just an abundance of debt, other students argue that most of the information they learn doesn’t provide them with the value they thought it would (Adams 1). Many college students who grow up with the opportunity to go to college usually don’t stress the idea of going to school, but most students who don’t have the opportunity toRead MoreValue Of College Education837 Words   |  4 PagesIn recent years, the rising costs of college education made many high school graduates question whether getting a degree is worth the price. However, there are several reasons why going to college is still a beneficial investment. A college education has value; it makes you more well-rounded, it increases your chance of success, and it makes you more prepared for adult life. A college education is a four-year bachelor’s degree re ceived by living on a college campus. While there are other ways toRead MoreBenefits of a College Degree Essay1411 Words   |  6 Pageswhether to go to college or not. There are many factors that go into one’s decision. There are pros and cons to going to college and also there are pros and cons for not going to college. But the decision that will give someone the better opportunity to have a more successful life is to go to college. The money that one will earn after getting a college degree will be more than the money a person will make without getting a college degree. As our society has continued to evolve, education has become theRead MoreIs College Education Necessary For College?1509 Words   |  7 PagesI really need to go to college?† In my case, the answer was yes, I need to go to college. Each year high schoolers have to make the decision to go to college or not. This is a decision people have been making since college has existed. Almost everyone has to m ake this decision at some point in their life. Some chose to go to college for two years, four years or however longer to get their desired degree. Then, there are people who make the decision to not pursue a college degree. There are variousRead MoreShould College Athletes Be Paid?1578 Words   |  7 PagesAshay Mehta Nou Per 8 Should College Athletes Be Paid? One of the hottest debates in the sports industry is if college athletes should be paid. If you want to pay these athletes, how would the college determine the dollar amount that should be paid? Should the basketball team make more than the football team? Should the the soccer team be paid as well? Cheerleading? Chess team? Should everyone on the team get a salary? What if your college is good at football and your basketball team is awfulRead MoreBenefits Of College Education1462 Words   |  6 Pagesfuture to support their family and have a brighter future. Some students question whether attending college is worth their time, but research suggests that students who study at postsecondary institutions will benefit in the long run. If students want to have a successful future, to be able to support their family, and have a higher income, they will need some sort of higher level education. Going to college can help with unemployment rates and increase the chances of attaining a stabl e career. PeopleRead MoreIs A College Education Worth It?1018 Words   |  5 PagesIn today’s society, the idea of receiving a college education has been pondered quite a bit as to whether or not it is actually worth it. According to Michelle Adam, many people â€Å"†¦today believe that getting a good education is key to success in our society, this revealed surprising issues that challenge the notion of higher education being worth its price tag† (59). Naturally, many high school graduates apply for college right before or after graduation. Others decide to go into the work force, armedRead MoreWhy College Is Becoming More Expensive938 Words   |  4 Pagesattend college for a higher education and to find a career within their interest. Despite the fact that college is becoming more expensive and many people are not on a full ride scholarship have student loan debt, a college education is necessary. College has the ability to help build skills for a specific ca reer or job. It also teaches students how to get involved with other students and to network. College can open doors for a poorer family. Many jobs today that don t require any college experienceRead MoreWhy College Education Is Important to Me839 Words   |  4 PagesWhy College Education is Important to Me Patty Murray said â€Å"A good education means learning to read, write and most importantly learn how to learn so that you can be whatever you want to be when you grow up.† Getting a college education will help open so many doors and give me opportunities to better myself, and provide me with a more successful life that I can be proud of. In today’s society it is hard to get a good job or have a stable career without first getting a college degree. A college educationRead MoreEssay Is College Worth It682 Words   |  3 PagesIs college worth it? Ask yourself a question, is college worth it to you? If you answered no then in this case it will be beneficial for you to read this. When thinking about college you have to think more about what you want out of it rather than what you have to do to get through it. The skills that you get while attending college can be very beneficial to you. Having the critical thinking and advanced communication skills that you acquire in college. Getting a college degree and bringing what

The Bear Minimum Free Essays

Big Bear Power is a public utility company that has posted strong financial results for several years. Big Bear has positive cash flow, and it is in compliance with all its debt covenants. Big Bear leases a combustion turbine from Goliath Co for a 10-year non-cancelable term. We will write a custom essay sample on The Bear Minimum or any similar topic only for you Order Now The lease agreement is signed on December 15, 2004 and Big Bear’s right to use the turbine begins on January 1, 2005. Various provisions and other facts from the lease are listed below. Big Bear pays Stipe, Berry, Mills and Buck LLP, its external legal counsel, $500K in connection with negotiating the lease agreement. Big Bear is also required to pay $1 million of legal fees incurred by Goliath Co. Provision 2 The stated default provisions in the lease include a provision that requires a penalty payment if Big Bear’s bank declares a default under its primary credit arrangement. Big Bear will be in default under the credit arrangement if there is a â€Å"material adverse change† in its financial condition. Material adverse change† is not defined in the loan documents. The Company believes the likelihood of default is remote. The bank has no relationships with Goliath Co. (Note: This is a customary provision in leasing arrangements. ) Provision 3 The lease agreement stipulates that Big Bear’s annual lease payments shall be $1 million per year, payable ratably over 12 months at the beginning of each month. For each calendar year of the term of the lease after 2005, Big Bear will pay minimum rent in an amount equal to $1 million increased (but not decreased) by the same percentage as the increase in the Consumer Price Index (CPI) from January 1 of the prior year until January 1 of each respective year. The most recent annual increase in CPI as of the inception of the lease was 4%. Required: †¢ For each provision presented, evaluate whether the costs or potential costs associated with the provision should be included in â€Å"minimum lease payments,† as defined in FASB Statement No. 13, Accounting for Leases. How to cite The Bear Minimum, Papers The Bear Minimum Free Essays Per your request, our group conducted research to determine whether costs or potential costs of the provisions of Big Bear Power’s lease of Goliath Co’s combustion turbine should be included in its minimum lease payments. We have provided a summary of the facts, our conclusion, the basis for our conclusion, and an analysis of possible alternatives to our conclusion as requested. Summary of the Facts Big Bear Power (the Company), a public utility company, is leasing a combustion turbine from Goliath Co. We will write a custom essay sample on The Bear Minimum or any similar topic only for you Order Now for a 10-year, non-cancelable term. The lease agreement was signed on December 15, 2004, and the company’s right to use the turbine starts on January 1, 2005. Big Bear Power has been financially strong for a number of years, has positive cash flow, and is in accordance with all of its debt covenants. The lease agreement contains three provisions, each of which has associated costs that may potentially need to be included in the calculation of minimum lease payments. The issue at hand is determining whether the costs in these provisions should, in fact, be included in minimum lease payments Conclusion Provision 1 Big Bear Power should not include the $500,000 negotiation fee in its minimum lease payments because, by definition, it is not an obligatory payment to be made toward the asset. On the other hand, the Company should include the $1 million legal fee in minimum lease payments since it is considered an initial direct cost made in connection with the leased property. Provision 2 The lease agreement includes a provision requiring a penalty payment if Big Bear’s bank declares it in default under its primary credit arrangement. This potential cost should be included in calculating minimum lease payments since a lack of predetermined criteria exists to determine default. Provision 3 The lease agreement stipulates Big Bear’s annual lease amount to be increased by the percentage increase in the Consumer Price Index (CPI). Because the lease payments depend on the index, it must be included in the calculation of the minimum lease payment at the inception of the lease agreement. Basis for Conclusion Provision 1 In the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC) 840-10-25-5, minimum lease payments are â€Å"the payments that the lessee is obligated to make or can be required to make in connection with the leased property,† excluding contingent rentals, any guarantees of the lessor’s debt, and executory costs. Although negotiating fees incurred by Big Bear Power are not executory costs, the fees toward its external legal counsel are considered non-obligatory in nature and should be expensed. In contrast, legal fees paid by Big Bear Power on behalf of Goliath Co. an be categorized as initial direct costs under Statement of Financial Accounting Standards (SFAS) 91. Being defined as such, they can be included in the general description of payments they are obligated to make in connection with the lease agreement. Provision 2 Big Bear Power is subject to default if there is a â€Å"material adverse change† in its financial cond ition. FASB ASC 840-10-25-14 provides guidance for default covenants relating to nonperformance and provides four conditions as follows: a. The default covenant provision is customary in leasing arrangements. b. The occurrence of the event of default is objectively determinable. c. Predefined criteria, related solely to the lessee and its operations, has been established for the determination of the event of default. d. It is reasonable to assume, based on the facts and circumstances that exist at lease inception, that the event of default will not occur. In applying this condition, it is expected that entities would consider recent trends in the lessee’s operations. The Codification states that if the lease agreement fails to meet all of these conditions, Big Bear Power must include the penalty in its minimum lease payments. As already stated in the information provided, condition (a) is met. Upon further analysis, condition (b) and (d) are also met—Big Bear’s bank is an objective third-party that will determine an occurrence of default, and Big Bear Power is financially strong with remote likelihood of default. While the facts imply that â€Å"material adverse change† is a predefined criterion to determine default, it is our contention that the lack of definition in the documents is sufficient evidence to not fulfill the third condition. Furthermore, the absence of a definition implies a lack of objectivity within the criteria; the phrase â€Å"material adverse change† provides no verifiable benchmark to which Big Bear Power can be examined through its operations, as mandated by the condition. Consequently, Big Bear Power should add the maximum amount of the penalty to the minimum lease payments. Provision 3 According to FASB ASC 840-10-25-4, the portion of lease payments that depends on an index, such as the Consumer Price Index(CPI), should be included in calculating minimum lease payments at lease inception. Big Bear’s lease payments are contingent on increases in the CPI, therefore it must follow this rule. The lease agreement states that Big Bear will pay $1 million per year, and the lease amount will change at each year-end by the increase in the index rate. Only the most recent CPI increase at inception will be included in minimum lease payments. Future increases in the index will not be included as they are considered a contingent rental. Analysis of Alternatives Provision 1 Alternative A debate of Provision 1 suggests that Big Bear Power should not include the $1 million in legal fees toward minimum lease payments. Initial direct costs may be considered transactions separate from the lease itself with benefits being realized at the time of exchange (International Accounting Standards Board [IASB], 2009). Their recognition as assets would be erroneous under this premise, and instead would require an immediate expense to the income statement. Still, it remains our team’s recommendation that the $1 million legal fees be treated as described, in accordance with the FASB’s logic behind fees closely-tied to a lease agreement. Provision 2 Alternative It can be contended that the required penalty payment under a declaration of default should not be included in the minimum lease payments. As stated, FASB ASC 840-10-25-14 provides four conditions, which, if all fulfilled, would not include the penalty in minimum lease payments. Based on those facts provided, and regardless of the definition behind â€Å"material adverse change†, it is arguable that a sufficient criterion exists to determine default. Furthermore, the criterion is established by a third-party with no relation to Goliath Company. This would fulfill condition (c). Provision 3 Alternative Alternative treatment of this provision would adjust minimum lease payments annually after 2005 for the annual increase in the Consumer Price Index. For example, if the lease payment in 2005 is $1 million and the most recent CPI increases by 4%, the lease payment would increase to $1,040,000 in 2006, and $1,081,600 in 2007. The reasoning for this approach is to more accurately measure the lease agreement for financial reporting. However, this method is not in agreement with FASB ASC 840-10-25-4, which states a lease dependent on an index should only include the index existing at lease inception when calculating minimum lease payments. References Financial Accounting Standards Board. (n. d. ). Accounting standards codification. Norwalk, CT: Financial Accounting Standards Board. Retrieved February 8, 2010. International Accounting Standards Board. (2009). IASB staff paper: leases – initial direct costs. London, United Kingdom: International Accounting Standards Board. Retrieved February 8, 2010. How to cite The Bear Minimum, Papers

The Crucible the Importance of a Good Name free essay sample

The Crucible there are many themes floating around. One of the most notable themes is the importance of a good name. To several of the characters the only matter of importance seems to be their name and what it seems to be associated with. Amongst this dialog we find that because the hysterical environment of Salem causes persecution of calumny became a common fear of a good, respectable name to be tarnished. Early in the play we are introduced with our first couple of victims due to the infamous fear. Our first encounter is with Abigail when Reverend Parris questions her about as to why Elizabeth Proctor had fired her Abigail responds â€Å"My name is good in the village! I will not have it said my name is soiled! Goody Proctor is a gossiping liar! † We can see here that she believes that Goody Proctor is trying to spoil her name due to the belief that she had been having an affair with John. We will write a custom essay sample on The Crucible the Importance of a Good Name or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As the play continues it is evident how she accuses other people of witchcraft so that her name is in the light and she is absolved from partaking in the witchcraft herself. Though it seems that Abigail’s only worry is her name, she is very dissembling. We later find out that her name seems to only be the light of her worries. Her main motive is to rid John of Elizabeth so that she can freely be with John. Her uncle, Reverend Parris, is naive to her hidden motives for false accusations. It isn’t much longer in the story when we find Abigail’s uncle, Reverend Parris is also sporting this same worry when we read a conversation between him and a trusted villager Thomas Putnam. Due to Betty, Parris’s Daughter who has fallen ill, and the village is suddenly buzzing with slander of witchcraft. In a conversation with Thomas Putnam it is apparent how this affects Parris. â€Å"Thomas, Thomas, I pray you, leap not to witchcraft. I know that you-least of all, Thomas, would ever wish so disastrous a charge laid upon me. We cannot leap to witchcraft. They will howl me out of Salem for such corruption in my house. † This shows that Reverend Parris is almost more caught up in what people think of him rather than how daughter, Betty Parris, is doing or rather how the Doctor, who has found nothing to cure her, will solve her illness. Parris is now continuously accusing his least faithful parishioners with having a contract with the devil. One of which is John Proctor, the man Abigail is having an affair with. John Proctor is known as a rebel in this story. Though a good Christian he rarely makes it into Parris’ Sunday Masses because he is working in the field and he doesn’t want to hear of Parris’ weekly ranting of the devil and hell. It is because of this reputation his wife is among the accused of witchcraft. When he tries to defend her he reluctantly admits to lechery. John Proctor was very reluctant to admit this because he wanted his name to stay respected. When judge Danforth doesn’t believe him they ask his wife Elizabeth if this is true. Unknowing that he had confessed and trying to respect his wishes of keeping a good name she says that she doesn’t believe that he had ever had an affair with Abigail Parris. When Abigail turns on Marry Warren, Marry Warren turns on John Proctor calling him the Devil’s Man. This causes his arrest and accusation of Witchcraft. Proctor’s importance of a good name is most portrayed in the last act, Act V, when he is begged to save himself by signing a confession sheet. He finally refuses to sign it saying that â€Å"Because it is my Name! Because I cannot have another in my life! Because I lie and sign myself to Lies! Because I am not worth the dust on the feet of them that hang! How may I live without my name? I have given you my soul; leave me my name! † John Proctor is the epitome of wanting to preserve his name. He willingly dies to preserve his name. In the story of The Crucible, Arthur Miller is able to illustrate the importance of a good name through many of the characters. We were easily able to convey this theme and build off of it. Since many of the characters’ main objective was too keep their name in good light we were able to better understand the reasons behind their actions, helping us receive a better understanding of the story. The Crucible the Importance of a Good Name free essay sample In the play The Crucible there are many themes floating around. One of the most notable themes is the importance of a good name. To several of the characters the only matter of importance seems to be their name and what it seems to be associated with. Amongst this dialog we find that because the hysterical environment of Salem causes persecution of calumny became a common fear of a good, respectable name to be tarnished. Early in the play we are introduced with our first couple of victims due to the infamous fear. Our first encounter is with Abigail when Reverend Parris questions her about as to why Elizabeth Proctor had fired her Abigail responds â€Å"My name is good in the village! I will not have it said my name is soiled! Goody Proctor is a gossiping liar! † We can see here that she believes that Goody Proctor is trying to spoil her name due to the belief that she had been having an affair with John. We will write a custom essay sample on The Crucible the Importance of a Good Name or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As the play continues it is evident how she accuses other people of witchcraft so that her name is in the light and she is absolved from partaking in the witchcraft herself. Though it seems that Abigail’s only worry is her name, she is very dissembling. We later find out that her name seems to only be the light of her worries. Her main motive is to rid John of Elizabeth so that she can freely be with John. Her uncle, Reverend Parris, is naive to her hidden motives for false accusations. It isn’t much longer in the story when we find Abigail’s uncle, Reverend Parris is also sporting this same worry when we read a conversation between him and a trusted villager Thomas Putnam. Due to Betty, Parris’s Daughter who has fallen ill, and the village is suddenly buzzing with slander of witchcraft. In a conversation with Thomas Putnam it is apparent how this affects Parris. â€Å"Thomas, Thomas, I pray you, leap not to witchcraft. I know that you-least of all, Thomas, would ever wish so disastrous a charge laid upon me. We cannot leap to witchcraft. They will howl me out of Salem for such corruption in my house. † This shows that Reverend Parris is almost more caught up in what people think of him rather than how daughter, Betty Parris, is doing or rather how the Doctor, who has found nothing to cure her, will solve her illness. Parris is now continuously accusing his least faithful parishioners with having a contract with the devil. One of which is John Proctor, the man Abigail is having an affair with. John Proctor is known as a rebel in this story. Though a good Christian he rarely makes it into Parris’ Sunday Masses because he is working in the field and he doesn’t want to hear of Parris’ weekly ranting of the devil and hell. It is because of this reputation his wife is among the accused of witchcraft. When he tries to defend her he reluctantly admits to lechery. John Proctor was very reluctant to admit this because he wanted his name to stay respected. When judge Danforth doesn’t believe him they ask his wife Elizabeth if this is true. Unknowing that he had confessed and trying to respect his wishes of keeping a good name she says that she doesn’t believe that he had ever had an affair with Abigail Parris. When Abigail turns on Marry Warren, Marry Warren turns on John Proctor calling him the Devil’s Man. This causes his arrest and accusation of Witchcraft. Proctor’s importance of a good name is most portrayed in the last act, Act V, when he is begged to save himself by signing a confession sheet. He finally refuses to sign it saying that â€Å"Because it is my Name! Because I cannot have another in my life! Because I lie and sign myself to Lies! Because I am not worth the dust on the feet of them that hang! How may I live without my name? I have given you my soul; leave me my name! † John Proctor is the epitome of wanting to preserve his name. He willingly dies to preserve his name. In the story of The Crucible, Arthur Miller is able to illustrate the importance of a good name through many of the characters. We were easily able to convey this theme and build off of it. Since many of the characters’ main objective was too keep their name in good light we were able to better understand the reasons behind their actions, helping us receive a better understanding of the story.

Ten Commandments essays

Ten Commandments essays Judge Roy Moores Ten Commandments Case Judge Roy Moore has been trying his luck for quite some time trying to keep his Ten Commandments monument in the judicial building in Montgomery. Many people disagree with him trying to have the monument there, as well as the people who agree with Moore. In the article Ten Commandments Case Puts Evangelicals on Opposite Sides, from the Baptist Press, written by Michael Foust, three evangelical leaders take different sides on the case. As for the article, Roy Moore: A monumental Plot for Power?, from Newsweek, co-written by Eleanor Clift and Frederick Burger, gives stances from leaders from different backgrounds to support their claim. The case has been going on for some time, and as of recently, it was taken out of the judicial building and put into storage awaiting an decision by the U.S. Supreme court. The monument is a symbol of the Christian belief system and is argued to be a major violation of the peoples rights in this country. It all started in Moores courtroom in Gadsen, Alabama. Eleven years ago, Moore hand carved a wooden tablet of the Ten Commandments which he hung in his courtroom. Being a small town judge, it really didnt bring much attention to the subject. It wasnt till later when he decided to run for the chief justice position for which it became a big ordeal. He soon became known as the Ten Commandments judge. In the year 2000, Moore won the election for the position and quickly became the object of many eyes all across the country. There are plenty of people that are disagreeing with what he is trying to do, but a recent poll says that 77% of Alabamians support Moores position that the displaying of the commandments is constitutional. Naturally, this stirs Moores ambition. A Senate Republican said, He is clearly doing this for his own political aggrandizement.(Clift, Burger 1) ...

Head Used in Idioms and Expressions

'Head' Used in Idioms and Expressions The following idioms and expressions use the noun head. Each idiom or expression has a definition and two example sentences to help understanding of these common idiomatic expressions with head.   Able to do something standing on ones head Definition: do something very easily and without effort Hes able to count backward standing on his head.Dont worry about that. I can do it standing on my head. Bang your head against a brick wall Definition: do something without any chance of it succeeding Ive been banging my head against a brick wall when it comes to finding a job.Trying to convince Kevin is like banging your head against a brick wall. Beat something into someones head Definition: teach someone something by repeating it over and over again Sometimes you just need to beat grammar into your head.My father beat the importance of kindness into my head. Bite someones head off   Definition: criticize someone strongly Tim bit my head off last night at the party.Dont bit my head off just because I made a mistake. Bring something to a head   Definition: cause a crisis to happen We need to bring the situation to a head to get a resolution.The immigration situation brought the political crisis to a head. Bury ones head in the sand   Definition: ignore something completely Youre going to have to face the situation and not bury your head in the sand.He chose to bury his head in the sand and not confront her. Cant make heads or tails out of something Definition: not be able to understand something I hate to admit that I cant make heads or tails out of this math problem.The politicians cant make heads or tails out of the current employment crisis.   Drum something into someones head Definition: repeat over and over until someone learns something I had to drum German grammar into my head for two years before I could speak the language.I suggest you drum this into your head for the test next week. Fall head over heels in love Definition: fall deeply in love She fell head over heals in love with Tom.Have you ever fallen head over heels in love? From head to toe Definition: dressed or covered in something completely Hes dressed in blue from head to toe.Shes wearing lace from head to toe.   Get a head start on something Definition: begin doing something early Lets get a head start on the report tomorrow.She got a head start on her homework immediately after school. Get your head above water Definition: keep going in life despite many difficulties If I can find a job Ill be able to get my head above water.Study these pages and youll get your head above water. Get someone or something out of ones head Definition: remove someone or something from your thoughts (often used in the negative) Im really upset that I cant get her out of my head.She spent three years getting those experiences out of her head. Give someone a heads start Definition: let someone else begin before you in  a competition of some kind Ill give you twenty minutes heads start.Can you give me a heads start? Go over someones head Definition: not be able to understand something Im afraid the joke went over her head.Im afraid the situation goes over my head.   Go to someones head Definition: make someone feel better than others His good grades went to his head.Dont let your success go to your head. Stay humble. Have a good head on your shoulders Definition: be intelligent Shes got a good head on her shoulders.You can trust him because hes got a good head on his shoulders. Head someone or something off Definition: arrive before someone or something else Lets head them off at the pass.We need to head the problem off. Hit the nail on the head Definition: be exactly right about something I think you hit the nail on the head.His answer hit the nail on the head. In over ones head Definition: do something that is too difficult for a person Im afraid Peter is in over his head with Mary.Do you ever feel that youre in over your head? Lose your head Definition: become nervous or angry Dont lose your head over the situation.She lost her head when he told her he wanted a divorce. Learn more idioms and expressions in English with resources on the site, including stories with multiple idioms and expressions in context.

Employee Empowerment Essay Example | Topics and Well Written Essays - 750 words

Employee Empowerment - Essay Example Autonomous environments, decentralized working conditions are actually some of the variants of employee empowerment. However, it's actually a strategy in which an employee is allowed to take the decisions without consulting the upper management and he/she actually owns his/her job. Since employees are allowed to make decisions, therefore they feel motivated and this strategy actually boosts up their performance. Through this strategy employees can serve the customer in an effective an efficient manner. Brainstorming, decision making capability, increased level of responsibility actually results due to empowerment. Through empowerment organization can attain competitive edge and total quality management i.e. quality in every aspect and operation can be achieved through empowering the employees. Different approaches and models are followed by different organizations in order to adapt the culture of empowering employees and adapting such a culture would benefit the overall strategy of the organization. Empowering the employees is all about the autonomy and the control they have on their respective jobs. Empowering with the transformational model actually means that leading and empowering the employees are working together and these two aspects are carried together to achieve the ultimate goal of the organization. Transformational model actually improves employee motivation and its satisfaction to work. The conventional working techniques are transformed and since they have a sense of ownership in their tasks therefore production quality of the employees improves. Employees lead from the front and they actually take calculated risks in order to earn more return. All the leadership traits are indulged in an employee when he/she is following the transformational model and besides leadership empowerment plays a positive role and enhances the working of the employees and develops a scenario in which an ordinary employee considers himself/herself as an entrepreneur. In the transformational model both leader and the subordinates motivates each other and help each other out and develop a situation in which motivation and morality becomes the cure of different problems. In an organization when a project is launched then it might be possible that the responsibilities of leaders and subordinates are different. But Transactional model actually results in coordination and although both the subordinates and the superiors started the project as separate entities but in order to achieve higher goals and superior targets they actually help each other in every aspect and ultimately raise the bar of their performance. Empowerment without the Transformational Model Leadership and empowerment, both are actually addressed in the transformational model. Empowering the employees in the workplace without the transformational model is a difficult task because a sense of autonomy might be developed but when an employee doesn't know how to lead and he/she doesn't practice leadership then it would be very difficult to achieve desirable results. Therefore the ultimate goa

MODIGLIANI AND MILLERS ADVICE ON DEBTS IGNORED BY COMPANIES Essay

MODIGLIANI AND MILLERS ADVICE ON DEBTS IGNORED BY COMPANIES - Essay Example The split between the Shiism and the Sunnism has been based on an ideological aspect that still exists. This separation, nevertheless, has been unbreakable by the national, the ethnic, political, socio-political, social, and yet economic partitions in the context of the Islamic world. It has also been influenced during historical times in cases of some Islamic rulers, Islamic politicians as well as Islamic colonialists to provide their own direct interest (Haji-Yousefi, 115). Due to all these social, political and economic reasons it has also been argued that the division between these two branches of Islam is still at large in the world. This division is also cultural in the sense that the cultural aspects of Islam from the point of view of these two divisions are regarded to be different at significant level. Also the economic orientation of these two branches and the interest of Islamic people are still so much dominant that the difference has become almost impossible to ignore (H aji-Yousefi, 115). Answer 2: To be certain, globalization has been regarded as a compound occurrence, which includes a great diversity of propensities as well as movements in respect to the economic, social as well as cultural areas. It has been a multidimensional nature and therefore does not provide itself to the distinctive definition. For the purpose of ease, it can be described as rising as well as intensified streams between nations of ‘goods, services, capital, ideas, information and people’ that produce different cross-border addition of a number of social as well as cultural activities. However, in the context of the developing countries, this is creating significant amount of negative effects on the societies of these countries. These countries are largely losing their respective social identity. This is revealed by the fact that globalization is incorporating greater number of people having different social aspects and activities which are creating divergence among the local peoples’ social identity (Bertucci and Alberti, 1). Also the existence of globalization is creating negative effects on the social organizational structures of developing nations. Transfer of old and used technologies from the developed part of the world to developing countries are creating detrimental effects