Tuesday, December 24, 2019

Evaluate the Effectiveness of the Regulatory Regime in a...

Evaluate the effectiveness of the regulatory regime in a selected market of your choice In this task I will be evaluating the effectiveness of the regulatory regime in a selected market; I will be doing this by identifying a market or industry in the UK business market and researching on the existing regulatory regime governing that particular market. I will also analyse critically how effective it has been implemented and if it is achieving its purpose. I will also discuss its successes and failures and make recommendations as to how it can be more effective. The market that I have chosen to use and show the effectiveness of its regulatory regime is the finance industry. For my industry I will be looking at financial banks, I have†¦show more content†¦These rates tend to change depending on the economy and are a vital tool of monetary policy. The Bank of England influences the interest rates into the UK financial markets as there is daily intervention in the London money markets. Every day there are huge flows of money from the government to banks and vice versa, it is mostly money flowing from the banks to the government and is a continuous cycle resulting into a shortage in the market every day. The BOE is the main provider of liquidity to the wider financial system and so can therefore chose the interest rate it wishes to charge to financial institutions requiring money. The interest rate which the BOE has decided to use is then passed on influencing interest rates in the whole economy. The Bank of England interest rate is effectively being implemented as they have been able to maintain the 0.5% over 3 years meaning they are able to work well with this rate lending to a lot more enterprises, influencing other interest rates on for example mortgages and the rates on offer to savers and is achieving and committed to prom oting and maintain monetary and financial stability as its contribution to a healthy economy. Another way the Bank of England has been effective in implementing the interest rates is by making decisions with the Monetary Policy Committee, the MPC have to takeShow MoreRelatedImpact of Job Analysis on Job Performance: a Study of Public Sector Organizations of Pakistan25727 Words   |  103 Pageson the basis of the opinions of the employees of public sector regulatory authorities. A survey questionnaire was designed and pre-tested. The study was carried out by taking a sample size of 568 employees of Pakistan public sector regulatory authorities from Pakistan Telecommunication Authority (PTA), Oil and Gas Regulatory Authority (OGRA), National Electric Power Regulatory Authority (NEPRA), Pakistan Electronic Media Regulatory Authority (PEMRA), Securities and Exchange Commission of PakistanRead MoreOecd Principles of Corporate Governance19712 Words   |  79 Pages « OECD Principles of Corporate Governance 2004  © OECD, 2004.  © Software: 1987-1996, Acrobat is a trademark of ADOBE. All rights reserved. OECD grants you the right to use one copy of this Program for your personal use only. Unauthorised reproduction, lending, hiring, transmission or distribution of any data or software is prohibited. You must treat the Program and associated materials and any elements thereof like any other copyrighted material. All requests should be made to: Head of PublicationsRead MoreInternal Audit as an Effective Internal Control System at Ongc17652 Words   |  71 Pagesand variety of business risks and related controls that IA needs to assess, monitor and report on has grown exponentially in just a few years. Risks related to the supply chain, treasury and financial instruments, fraud, systems, privacy, emerging markets, strained economic conditions, corporate responsibility, regulation, subprime exposure and liquidity are just some of the new, niche risks which have emerged and can require highly specialized auditing skills. At the same time, more and more companiesRead More3m Pharma Health Care Market Analysis19832 Words   |  80 Pagestheories and knowledge about the market research in order to explore 3M health care, drug delivery system division (DDSD) key competitors and to determine key success factors for winning contracts for oral dosage forms and Phase III trial research for 3M (DDSD) in Europe. 2. Project Objectives: The objectives of this project are: * To explore contract pharmaceutical manufacturing and packaging market. * To identify, the European contract pharmaceutical market. * To explore the competitiveRead MoreThe Impact of Economic Meltdown on the Nigeria Banking Industry (a Case Study of Intercontinental Bank Plc).13502 Words   |  55 Pagesattainment of the organizational goals and objectives. The banking reforms as orchestrated by the global economic meltdown which has witnessed high level of job loss/retrenchment, both in Nigeria and the world at large has given rise to the need to evaluate the impact of the cloud of these uncertainties as conspicuous on the Nigerian banking system on the employee productivity level of the banking industry with a case study of Intercontinental Bank Plc. Intercontinental Bank Plc has been chosen consideringRead MoreStudy on Recruitment and Selection Process18240 Words   |  73 Pages3) 1.4) : Introduction Need for the Study Objectives Limitations Material and Methodology Chapter II : Industry profile 2.1) 2.2) 2.3) 2.4) 2.5) 2.6) 2.7) 2.8) 2.9) Introduction Pre-Independence Post-Independence Industry Scenario Global Scenario Market Scenario Production Scenario Demand-availability Projection Pricing and Distribution 2.10) Major Steel and Related Companies 6 Chapter III : Company Profile 3.1) 3.2) 3.3) 3.4) 3.5) 3.6) 3.7) 3.8) 3.9) Introduction Background Vision, Mission Read MoreComparative Analysis of Financial Performance of Public and Private Banks(Case Study)15686 Words   |  63 PagesCOMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE BANKS [IN THE CASE OF SELECTED PRIVATE AND PUBLIC BANKS] A SENIOR ESSAY SUBMITTED TO DEPARTMENT OF ACCOUNTING AND FINANCE, IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF ARTS DEGREE IN ACCOUNTING AND FINANCE. Prepared by: Ruth Alemayehu ADDIS ABABA UNIVERSITY COLLEGE OF MANAGEMENT, INFORMATICS AND ECONOMIC SCIENCE SCHOOL OF BUSINESS AND PUBLIC ADMINSTRATION DEPARTMENT OF ACCOUNTINGRead MoreRisk Management in Banking Sector12709 Words   |  51 PagesRisk Management functions 13 †¢ Risk in Banking 14 3. TOPOLOGY OF RISK EXPOSURE – †¢ Market Risk 19 †¢ Credit Risk 25 Read MoreCorporate Social Responsibility : Supply Chain to Value Chain8966 Words   |  36 Pagesregulator consumer The government is the first non-business actor to pressure corporations to change behaviour. The pressures arise mostly from regulatory efforts that affect a business even before the first product is produced or sold. These efforts are considered to be the â€Å"least common denominator† for behavioural change and their effectiveness depends greatly on the ability of the government to ensure and enforce compliance. Governments typically exert pressure on business behaviour in areasRead MoreAssessing the Competencies of Telecommunication Companies15830 Words   |  63 Pagesissuing licenses to commercial operators who are able to provide cellular service. The liberation causes the previous monopolistic government linked service provider needed to compete in the opened market like others. This liberalization and deregulation creates business competition and gives more choices and better service to the consumer. Traditionally, the IO approach to competitive analysis tells us tha t organizations should seek to create and maintain barriers that restrict potential competitors

Monday, December 16, 2019

Why Almost Everything Youve Learned About Essay Reviews Samples Is Wrong and What You Should Know

Why Almost Everything You've Learned About Essay Reviews Samples Is Wrong and What You Should Know With our writing services reviews it's possible to decide on the business you like fast and uncomplicated! Our reviews contain details like the score of the clients, our rating, starting prices, Discounts, and grade of the papers. Just about any ExtraEssay review also praises friendly and effective customer support that's always prepared to aid you with anything. To begin with, you have to examine the qualities of the writing service accessible. Next thing you should check at when reviewing an assignment service are the kinds of papers. By using our academic provider, you do not just pay for essay cheap, but might request full or partial compensation if your sample doesn't satisfy your requirements. If you would like to find a great essay for a reasonable price, you should give an opportunity to our content specialists! You are able to even check out several reviews and choose the business that most suits your requirements and reasonably priced budget. An excellent team solves virtually every issue. So, with us, you are going to have a fantastic possiblity to get first-class academic support and conserve money at the exact same time. There's no chance we won't have your back once you come to find assistance. The Battle Over Essay Reviews Samples and How to Win It The text includes small parts in a particular sequence which makes sen se. When you're a beginner, it's challenging to select suitable words for your text. Although your book review essay isn't an overview of what the book is all about, you will want to supply a brief analytical paragraph or two to explain it. Writing an essay, or another paper for this matter, isn't just writing. It is possible to also rate the book. Explain what your favourite role in the book was. A book has about a couple of significant themes. Reveal whether or one should read a specific book to follow or not. The Most Popular Essay Reviews Samples To begin with, each our customized essay writing review contains a brief extensive analysis of the writing service in question. Try to remember, that book review essay writing isn't an overview of what the book is all about. You also need to proofread the review to get rid of any spelling mistakes and errors that may be avoided movie review writing should be precise and absolutely free of errors. A movie review writing guide provides the writer instructions on how best to compose a movie review. All samples that you could find on our site provide a correct guide on the best way to present the content of an article review in the ideal form. If you don't understand what article to select for a review, samples can give a great idea. Since you may see, background information is vital when writing a book review. There's several essays completed by them. You've got to compose several academic papers over the span of a year. Review what you've been requested to address in your essay Sometimes educational institutions wish to find out more than just your career objectives. If it's still true that you could hardly write fantastic essays, you can view completely free essay papers online. If you're not pleased with your essay, you're guaranteed to have a complete refund! When you supply the payment, we'll begin preparing your writing task. As you don't need an excessive amount of time to read an write-up, it's still true that you can discover that it's tricky to review it. At first, it may seem that deadlines are less crucial as prices and high quality of papers to students. The New Fuss About Essay Reviews Samples At length, share the review with family and friends and see whether it has an effect on their opinions of the film. An excellent sample is able to help you locate a new opinion or perspective, or merely pitch an idea when you're experiencing writer's block. If you have sufficient time and desire, log in your account and get in contact with your writer. Students from all over the world are looking for the best custom writing.

Sunday, December 8, 2019

Overseas Cases Taxation On Digital Currency -Myassignmenthelp.Com

Question: Discuss About The Overseas Cases Taxation On Digital Currency? Answer: Introducation The Australian Taxation office (ATO) considers Bitcoin as well as other form of cryptocurrencies as a kind of property. Therefore any profit which is made by a person with respect to the sale of such currency is likely to be subjected to the provisions of Capital Gain Tax and therefore it has to be duly reported to the ATO[1]. However this area in relation to taxation in Australia is still grey as it has not be subjected to tests by the court of law. However until and unless such test are adequately conducted the owners and holders of such currency have been advised by the ATO that they must keep adequate and true records with respect to the receipt of payments, their intention and transactions entered upon into by them. The owners of such currency in their best interest should abide by the advice provided by the ATO as the office is taking a very strict stance in relation to the cryptocurrency holders trying to evade their tax liabilities. There may be a belief among many holders of such currency that the currency itself is not taxable. However such belief is wrong and mistaken as crytocurrencies are treated as a property in Australia. There is also a situation where cryptocurrency investors may be treated as speculators by the court unless otherwise established by them. The situation signifies that the profits which are received by such investors through the virtue of making investment in cryptocurrency is eligible to be taxed totally as a source of income instead of capital gains. The situation further signifies that the investors would not be able to avail any tax discounts after the currency is duly held for a period of one year or more. It is believed by majority of tax experts that most persons who manifest themselves as investors are in reality speculators even where the currency has been held by them for twelve month period or more[2]. In addition bitcoin and other form of crypto currencies are different to shares as such assets are held for long term and usually result in dividends, moreover, when it comes to speculative purposes this is difficult to be seen in relation to cryptocurrency[3]. It is evident from the above discussion that there a clear uncertainty regarding the concept of tax upon Bitcoin and other cryptocurrency which are taking the Australian market as a storm. The purpose of this paper is to throw a light upon the tax implications which may arise out of holding or transacting in Australia. The paper discusses the tax implication which cryptocurrencies like Bitcoin may be subjected to in different situations. In relation to the general taxation situation related to Bitcoin it has to be firstly analyzed that what approach is taken by the ATO towards treatment of the sale of an asset. When the ATO analyzes the tax treatment of an asset it has to initially identify the intention of the individual as to why the asset has been acquired. One of the reasons because of which Bitcoin has become popular is the fear among the public that they may lose out on something big and their neighbors who are investing big may gain big. In addition the hostility and mistrust which the public has in relation to the traditional banking system has also added to the popularity of cryptocurrencies in Australia. Thus the currency is taking the country by storm. Every person wants to be a part of the action as prices are reaching an all time high. Crypto assets are being purchased by more and more Australia such as Blockchains, bubbles and popularly Bitcoin[4]. In this situation not only the tradors and inverstors b ut also the ATO is keeping a close track of cryptocurrencies. In relation to such track a guidance paper has been issued by the ATO where it provides for the tax treatment of such currency in different situations. However Bitcoin also started to operate its own ATMs across the world. In addition few tradors have also started to accept Bitcoin as a mode of payment. Before analyzing the tax treatment of Bitcoin or other Cryptocurrencies, what actually constitutes such currency needs to be discussed. A few people may describe them as virtual money or currency which has no existence physically. These currencies are saved in electronic wallets through which a relation between the buyer and seller is provided. The use of such currency can be done online. According to the tax guidance which has been released by the ATO, it has been specified that the office does not view a crytocurrency as foreign currency or money, rater they are viewed by it in form of a digital commodity. To make it simple the office considered tokens and cryptocurrencies in form of an asset. Just like a diamond, when such assets are traded, purchased, sold or exchanged an event is triggered. Whether such even is to be treated as revenue or capital gain even relies upon the facts and circumstances which surrounds the event. It has been provided by the ATO that when a person indulges into transactions with a Bitcoin it is a form of barter system and therefore similar tax consequences are imposed in the person. The ATO also considers that supplying Bitcoin cannot be subjected to Goods and Services Tax (GST) consequences as it is not a good. Bitcoin for the purpose of capital gain is considered as an asset by the ATO. Thus, when a person enters into a transaction with the use of Bitcoin there are a few specific records which needs to be maintained. These records include the date where the transaction took place, the amount which is included in the transaction in Australian Dollars which can be ascertained through taking data from a trusted online exchange source. The purpose for which the transaction had been entered upon into and who was the other party with which the transaction had been entered upon into. When it comes to personal transaction with the use of Bitcoin the tax consequences are different. In the given situation the ATO given the nature of Bitcoin will not impose or subject the transaction to any GST or income tax implications when a person is not in business or is not operating an enterprise and is merely indulging in payment of goods and services through the use of Bitcoins[5]. For instance when a person is purchasing any goods or services online through the use of Bitcoin he is not to be subjected to GST or income tax provision in relation to the transaction. When Bitcoin is used by an individual for the purpose of buying services or goods for using them personally or for consumption any capital gain or loss which may result out of such transaction is likely not to be considered as it would be treated as a personal use asset. However it has to be remembered that the value of such transaction has to be less than A$10000. When the question is context are related to a transaction which is business in nature rather than personal done through the use of Bitcoin or other crypto currency the treatment of such transaction is done in a different manner. When a person has received bit coin in return of the goods and services provided by them with respect to their business it is their liability to keep a record as a part of their general income the value of Australian dollars. The process is the same when a person receives a consideration which is not in form of cash such as in the barter system or barter transactions. The value provided by a reputed and trusted online exchange has to be considered as the value of Australian dollars. For instance when a person or business gets bit coin in exchange of goods or services, GST may be imposed on the business or the person in relation to the Bitcoin. In situation where the supply of goods and services is taxable there would be a right provided to the business to be able to make a claim for input tax credits with respect to GST which has been charged in relation to Bitcoin provided to them in form of payments. These circumstances are governed through the TR IT 2668 Income tax: barter and countertrade transaction[6]. The primary purpose of the ruling is to provide the ATO with a view in relation to when a countertrade or barter transaction results in assessable income, what is the monetory value which has to be imposed in such transactions and when allowable deduction arise from these kind of transactions as well as sales tax implications of such transactions. According to the ruling simple a barter transaction includes the exchange of goods and services directly with other goods and services rather than the use of money[7]. These transaction can take place between to individuals in a private manner. For instance there may be a exchange of hone grown products between neighbors for the purpose of consumption. The system may also take place in com mercial area where a business may exchange goods and services with another business. Thus if such transactions are not taxed there are chances that the big businesses in order to avoid tax will indulge in bartering big ticket transactions. In addition refined kind of barter has originated in the more recent times in the local and international market place which is also identified by the ATO as countertrading. Thus the ruling is applicable on all forms of countertrading and barter systems transactions[8]. As provided by Subsection 25(1) of the Income Tax Assessment Act 1936 every income which has been derived by a person, other than those income which are exempt and a few termination payments has to be taken for the purpose of assessing the income tax payable by such person[9]. Any consideration which is received by a person or is supposed to be received in relation to a countertrade or barter transaction in credit units or goods and services for the purpose of being assessed under the subsection relies upon the character of the consideration which is held by the person. It has to be noted that when dealing with barter or countertrade transactions they are deductible or assessable to the same extent as any similar credit or cash transaction[10]. In the same way for deriving the income and incurring expenditure timing principles which are applicable on any credit or cash transactions are applicable on countertrade and barter transactions. in situation where an employee is provided a no n cash consideration in return of services provided by them the income is assessed as the purpose of income tax in the same way as a fringe benefit. Thus if an employee receives a bitcoin as fringe benefit it is taxable. It has to be noted that in situation where the sum of a non cash benefit transaction is not more than $300 in a particular year of income, no amount is liable to be assessed under subsection 25(1) as these benefits are subjected to an exception under the provisions of section 23L of the ITAA. Thus in the same way transacting with a Bitcoin under $300 is also likely to be exempted. In addition it has been provided through section 21 of the ITAA that any consideration from countertrade or barter transactions would be valued as the money value or as per section 21A as the arm length value of the received consideration. Generally while providing value to the consideration from a countertrade or barter transaction the office is likely to accept a fair market value throug h which the arms length value or money value is reflected as applicable. In maximum cases the office as a fair market value accepts the price which would have normally been changed by a tax payer from a stranger in relation to sale of good, property or services. However when it comes to countertrade in relation to business organization, the fair market value would be deemed by the office in relation to ever credit unit as an Australian dollar other than when it can be shown that there is a consistent different value of such credit units while trading. Thus the same principles of valuation in relation to transacting with bitcoins are also applicable[11]. Any transactions which are entered upon into through the use of Bitcoin is also likely to be subjected to the provisions for deduction as provided through section 51 of the ITAA. For instance where a car company provides a car to a lawyer for the services provided by him the arms length value of the car will be considered as an allowable deduction towards the car company[12]. A number of changes and fees are imposed by business-oriented countertrade organizations in their members and the degree to which these charges are to be considered as allowable deduction are subjected to the provisions of subsection 51(1) of the ITAA. In maximum situations recurring charges such as transaction or service fee, where they are directly related to the transaction are to be considered as deductible expenses. However under the provisions of subsection 51(1) joining fees is not allowed to be deducted as it is capital in nature. These fees result out of a one time payment through which individuals are provided access to indulge in such trading. Thus in the given situation the same principles are to be applied in relation to determination of deduction with respect to bitcoin and other cryptocurrecy trading[13]. To the degree to which a countertrade or barter transaction of goods is initiated prior to the passing of taxing points by the goods, for instance the end wholesale sales of goods which have been locally manufactured or imported in the country, the liability of sales tax would be imposed upon the goods in a similar manner as compared to position of the goods if imported or sold conventionally[14]. The countertrading or bartering of goods by which their taxing points have already been passed would not be subjected to any sales tax implications. Thus in the same way he countertrading or bartering of Bitcoin or other cryptocurrency where their taxing points have already been passed would not be subjected to any sales tax implications. When it comes to the use of Bitcoin for goods and services the following are the tax implications. Where a person is indulging into a business where he or she is buying items for the business through the use of Bitcoins such as trading stock they would have the right to claim deduction with respect to the value of arms length of the acquired item. However GST has to be paid in relation to the supply of Bitcoin which is done in relation to or in course of business of the enterprise[15]. The calculation of GST would be done with respect to the market value of goods and services. Generally this is equal to bitcoins or other cryptocurrencies fair market value when the transactions had been entered upon into[16]. In addition there are also capital gain tax consequences applicable on bitcoin. These consequences will be applicable in situation where bitcoin is used as part of carrying out the business activity. However it has to be noted that any form of capital gain is decreased with respe ct to the amount which is incorporated in the assessable income in from of ordinary income of a person[17]. In situation where there is a legal agreement between the employee and the employer that the employee is willing to sacrifice his or her salary in Australian dollars in lieu of receiving Bitcoins, the treatment of such payment is bitcoin would be done as a fringe benefit and the employer would have to abide by the provisions of the Fringe Benefits Tax Assessment Act 1986[18]. However where there is no legal agreement between the employee and the employer in relation to the sacrifice of salary, the payment is to be treated as general wages or salary, the employers have the liability of meeting pay as you go obligations in a usual manner. TR 2001/10 Income tax: fringe benefits tax and superannuation guarantee: salary sacrifice arrangements deals with such situation. A person who has the liability of paying wages and salary under the meaning of the ITAA also has the responsibility of paying fringe benefit tax in relation to the taxable value of fringe benefit within a financial year[19] . Generally, as defined in subsection 136(1) of the FBTAA is a benefit which is given to an employee or associate by the employer in relation to the services of the employee. In addition it has been provided that the definition of fringe benefit is exclusive of payment of such wages or salary or a payment which can be considered as a wage or salary in case such payments involves income exempt in relation to the ITAA. Thus in the same way where the employees are provided bitcoin in form of a fringe benefit by the employer the employer is liable to pay FBT in relation to the taxable value of Bitcoin[20]. There are provisions provided by the ATO in relation to the situation of mining Bitcoin as well. In situation where a person indulges in business of mining Bitcoin any form of income with such person games or derives from such transfers in relation to mine Bitcoins to any third party is liable to assessed for income tax purpose[21]. In the same way any expenses which a person in cause for the purpose of mining Bitcoins would be subjected to deduction under the income tax assessment act[22]. The non commercial loss provision may be applicable on any losses with a person has entered in relation to mining activities arising out of Bitcoin. In addition where are taxpayer who indulges into a business of selling and mining Bitcoin will be treated by the ATO as a trading stock. It is the liability of such taxpayers to keep a record of any Bitcoin which are in hand at every income year ending. In addition a person would also be liable to pay GST with respect to any supply of Bitcoin which is made in furtherance or in course of the Bitcoin mining business. The person may also be provided with an opportunity to avail input tax credit with respect to the acquisitions attained in relation to carrying out the Bitcoin mining business. As discussed above there are various Bitcoin ATMs which have been opened across the country. These give effect to exchange transactions in relation to Bitcoins and other cryptocurrencies. There are specific tax consequences of indulging into these kinds of transactions. In situation where a person is indulging in business activities which include selling and buying of Bitcoin inform of an exchange service the proceeds derived by such person in relation to the sale of Bitcoin are to be included for the purpose of the assessable income under the income tax assessment act[23]. In the same way any expenses which have been incurred by the person with respect to any exchange services including those in relation to acquisition of Bitcoin for sale purposes would be allowed as legal deduction. Any taxpayer who holds a bitcoin and indulges into a business which exchanges Bitcoin it would make Bitcoin be considered as a trading stock. In the same way as for mining purposes Bitcoin which are hel d by the person in hand at the end of every in come here has to be accurately recorded[24]. In addition a person would also be liable to pay GST with respect to any supply of Bitcoin which is made in furtherance or in course of the Bitcoin exchang business. The person may also be provided with an opportunity to avail input tax credit with respect to the acquisitions attained in relation to carrying out the Bitcoin exchange business. The consequences of tax with respect to entering into a transaction through the use of a bitcoin exchange would rely on the question that whether the person is supplying or acquiring the cryptocurrency as a part of business transaction or for the purpose of investment or otherwise[25]. These provisions are governed through TR 2001/14 Income tax: Division 35 non-commercial losses. There are a few recommendations which can be provided in relation to ensuring that a person is able to properly take course of taxation of Bitcoin and other Cryptocurrencies in Australia. In the initial stage, to prepare our return of tax in the last part of financial year , the availability of all the information is very much important to us. It is important to make an arrangement before hand and keep in record of all the information that is needed before an individual is organizing his own return of tax or whether a person is willing to make a usage of a taxation adviser. This is the way of having access to every cryptocurrency transactions (sales, purchases and trades). Whenever a person is making a record of them they should make sure to make verification of date, in AUD the transaction of the amount (after even they trade from one cryptoasset to the other one)[26]. There are many exchanges which have such functions that will availability of this function and make it permissible for an individual to print every transactions to a document of excel. In the second stage, a person should not start assuming that the ATO will be turning into a blind eye to cryptocurrency. The final recommendations says that one should seek advice whenever it is required. The landscape of task is ambiguous at many times, specifically when a fresh conception is entirely given to an individual like in merging up of cryptocurrency. An individual should always consult to a tax accountant whenever one feels confused or unsure at any point of tax obligation. The environment and pace of the cryptocurrency market is swift and it is very stimulating as well. Probably a person might be thinking tax as the final thing but it is very essential for a person to realize and recognize ones responsibilities and accordingly an individual should plan ahead. Thus from the above discussion it can be concluded that The Australian Taxation office (ATO) considers Bitcoin as well as other form of cryptocurrencies as a kind of property. As per the tax guidance which has been released by the ATO, it has been specified that the office does not view a crytocurrency as foreign currency or money, rater they are viewed by it in form of a digital commodity. It has been provided by the ATO that when a person indulges into transactions with a Bitcoin it is a form of barter system and therefore similar tax consequences are imposed in the person. The ATO also considers that supplying Bitcoin cannot be subjected to Goods and Services Tax (GST) consequences as it is not a good. In the same way as tax exemptions for barter under $300, transacting with a Bitcoin under $300 is also likely to be exempted. The ATO also considers that supplying Bitcoin cannot be subjected to Goods and Services Tax (GST) consequences as it is not considered as goods. Where a person is indulging into a business where he or she is buying items for the business through the use of Bitcoins such as trading stock they would have the right to claim deduction with respect to the value of arms length of the acquired item. Where the employees are provided bitcoin in form of a fringe benefit by the employer the employer is liable to pay FBT in relation to the taxable value of Bitcoin. The consequences of tax with respect to entering into a transaction through the use of a bitcoin exchange would rely on the question that whether the person is supplying or acquiring the cryptocurrency as a part of business transaction or for the purpose of investment or otherwise. The businesses and individuals associated with bitcoin and other form of crypto currency can take follow the recommendations provided by the paper. References Abramovich, Mark. "coining a new currency."Superfunds Magazine393 (2014): 38. Bal, Aleksandra. "How to Tax Bitcoin?."Handbook of digital currency. 2015. 267-282. Bal, Aleksandra. "Should Virtual Currency Be Subject to Income Tax?." (2014). Bryans, Danton. "Bitcoin and money laundering: mining for an effective solution." Ind. LJ 89 (2014): 441. Chapman, Jennifer L., Benjamin Akins, and Jason M. Gordon. "A Whole New World: Income Tax Considerations of the Bitcoin Economy." (2014). De Filippi, Primavera. "Bitcoin: a regulatory nightmare to a libertarian dream." (2014). DeVries, Peter D. "An Analysis of Cryptocurrency, Bitcoin, and the Future." Driscoll, Brian S., and T. J. Wang. "Accounting and Taxation of Virtual Currencies." (2016). Franklin, Mitchell. "A PROFILE OF BITCOIN CURRENCY: AN EXPLORATORY STUDY."International Journal of Business Economics Perspectives11.1 (2016). Godsiff, Philip. "Bitcoin: bubble or blockchain."Agent and Multi-Agent Hampton, Sam. "Undermining Bitcoin."Wash. JL Tech. Arts11 (2015): 331. Isom, Jennifer. "As Certain as Death and Taxes: Consumer Considerations of Bitcoin Transactions for When the IRS Comes Knocking." (2013). Kucherov, I. I., and I. A. Khavanova. "TAX CONSEQUENCES OF USING ALTERNATIVE MEANS OF PAYMENT (THEORETICAL AND LEGAL ASPECTS)."VESTNIK PERMSKOGO UNIVERSITETA-JURIDICHESKIE NAUKI1 (2017): 66-72. Lee, Taiki. "C. Overseas Cases of Taxation on Digital Currency." Korean Economic and Financial Review 22.3 (2017): 63-65. Liu, Louis, and Chuck Dana. "Crypto Currency and Society." (2012). McCullum, Esq, and N. Paul. "Bitcoin: Property or Currency?." (2015). McCullum, Paul. "Tax Treatment of Bitcoin: Property or Currency?." (2015). McLeod, Patrick. "Taxing and Regulating Bitcoin: The Government's Game of Catch Up."CommLaw Conspectus22 (2013): 379. Patron, Travis.The Bitcoin Revolution: An Internet of Money. Travis Patron, 2015. afka, Ji?. "Virtual currencies in real economy: Bitcoin." (2014). Slattery, Thomas. "Taking a bit out of crime: Bitcoin and cross-border tax evasion."Brook. J. Int'l L.39 (2014): 829. Taxation, Australian. "Tax treatment of crypto-currencies in Australia-specifically bitcoin. Retrieved March 5, 2017." (2013). Tripathy, Chetan. "A Bit of Bother." (2015). Wiseman, Scott A. "Property or Currency: The Tax Dilemma behind Bitcoin."Utah L. Rev.(2016): 417. Wisniewska, Anna.Bitcoin as an example of a virtual currency. No. 1/2016. 2016.

Sunday, December 1, 2019

Judges Essays - Legal Professions, Judge, Law Enforcement, Jury

Judges The dictionary defines a judge as "a public officer authorized to hear and determine causes in a court of law." The following essay will deal on how to become a judge, the requirements to become a judge, salaries, and the different types of judges and what kind of information they deal with. Judges are some of the most important people in Canada. They are the men and women who sit on the benches in the courtrooms, whose responsibility it is not only to decide the fate of human beings, like themselves, but to steer and control the course of the law itself. The arrival advent of the 1982 Charter of Rights changed many things for judges. Since then, they have been handed the tasks of determining the fundamental rights and freedoms of all Canadians. WHAT IS A JUDGE? A judge basically decides on the fate of the person who stands before him. He listens to the information presented from the defendant, who is the accused, and the plaintiff, who is the accuser. Once all of the information has been presented, either the judge makes a decision or the jury does. In a small court, usually a judge makes the decision, but if the defendant was a mass murderer, and had eye witnesses seeing him kill a person, but had a virtual air-tight case for him that would get him out scot-free because he was the prime minister's son, there would be a jury. A judge also passes sentence, which is how long the accused, if found guilty, should be punished. A judge is looked upon as "god" to the accused standing before him, the judge holds the fate of a person in his hands. They command respect, and the job of a judge, if it is the supreme court or a small claims court, the word "judge" holds special meaning. A judge also has the good fortune to see almost every type of person living today, from killer to housewife, from jaywalker to terrorist. REQUIREMENTS TO BECOME A JUDGE AND HOW TO BECOME ONE Only the best can become a judge. The word "best" does not apply to the best at math, physics, or science, but the best that they can do. If a judge only sits there, in a black robe, staring attentively at the wall, then anyone could become a judge. To become a judge, you must have the ability to think logically, fairly, and to listen to two sides of a story, conflicting each other. One says guilty. One says mistake. The judge must listen and make his decision. Research on fifty judges from around Canada showed up the following information: All of them had a Law degree. 60 percent said that they hadn't planned on being a judge The first step to becoming a judge is work. You have to work hard to graduate from law school. Many judges said that they hadn't planned on being a judge, and almost all of them said that it was the right job for their abilities. Many say that emotion during a trial can kill a judge, but to look at it from many different points of view to come up with a decision actually helps the judge to make the correct decision. Many lawyers often become judges. It is a stereotype to say that judges are all old, white haired men, because there are many, many women judges. The information I have so far gathered says that a law degree is the first step. There really is no other second step. You can't really become a judge of a high court on just a law degree, so anything else which will help. One judge surveyed has his law degree, MBA, a degree in economics, and has gone to school for over half his life. He is seventy three years old. He is now retired, after being on the bench at Provincial Court for over 20 years. Provincial Court is where street level cases are heard. To get into law school, you must have an average score of 94 percent or better, (1987 figures) and to graduate you must have 95 percent or better (again 1987 figures.) The first step is very tough. There are too many lawyers out there, but not enough judges. Hundreds of cases have been thrown out simply because they were waiting to be brought to trial. One person was waiting for over a year, and the case was thrown out. Judges are selected

Tuesday, November 26, 2019

Viewpoints of Horatio and Claudius essays

Viewpoints of Horatio and Claudius essays At the end of Hamlet, Horatio is asked to tell Hamlets story to the world. This purpose of this study is to explore the topic of viewpoint in literature. There are two sides to every story. Horatio is Hamlets friend and Claudius is Hamlets mortal enemy. The following will explore the differences and similarities in viewpoint between Horatio and Claudius in the retelling of the events that took place in Hamlet. Horatio is a faithful friend of Hamlet. There is only one time when Horatio questions Hamlets judgment, when Hamlet confides in the fates of Rosencrantz and Guildenstern. Horatio supports Hamlets rash decisions throughout the play. Therefore, Horatios story would undoubtedly be one of exaltation and praise. It would highlight the good qualities and may intentionally, or unintentionally leave out the less savory aspects of Hamlets life. His story of Hamlet would portray him as a hero and victim of an evil plot. On the other hand, the story of Claudius could be considered to the be exact opposite. Claudius would be likely to portray Hamlet as a sinister villain. He would be likely to downplay the good points and to highlight the bad points. Both Claudius and Horatio would be likely to present an account that is similar to their own views of Hamlet. Horatios loyalties to Hamlet undermine his own sense of self. In the end, Horatio would rather impale himself on his own sword than to live on after Hamlets death. Horatio would not be able to see Claudius as anything but a villain. Horatio would never believe Claudius account and would be likely to be angered by it. Claudius would see Horatios account as jaded. Claudius would dismiss Horatios story as not seeing the situation in its entirety. Horatios account would have no credibility for Claudius. Claudius is more socially adept than Horatio. He has a genuine charm that tends to overshadow ...

Friday, November 22, 2019

History of CREEP and Its Role in the Watergate Scandal

History of CREEP and Its Role in the Watergate Scandal CREEP was the unofficial abbreviation derisively applied to the Committee for the Re-Election of the President, a fundraising organization within the administration of President Richard Nixon. Officially abbreviated CRP, the committee was first organized in late 1970 and opened its Washington, D.C. office in the spring of 1971. Besides its infamous role in the 1972 Watergate scandal, the CRP was found to have employed money laundering and illegal slush funds in its re-election activities on the behalf of President Nixon. During the investigation of the Watergate break-in, it was shown that the CRP had illegally used $500,000 in campaign funds to pay the legal expenses of the five Watergate burglars in return for their promise to protect President Nixon, initially by remaining silent, and by giving false testimony in court - committing perjury - after their eventual indictment. Some key members of CREEP (CRP) included: John N. Mitchell - Campaign DirectorJeb Stuart Magruder - Deputy Campaign ManagerMaurice Stans - Finance ChairmanKenneth H. Dahlberg - Midwest Finance ChairmanFred LaRue - Political OperativeDonald Segretti - Political OperativeJames W. McCord - Security CoordinatorE. Howard Hunt - Campaign ConsultantG. Gordon Liddy - Campaign Member and Finance Counsel Along with the burglars themselves, CRP officials G. Gordon Liddy, E. Howard Hunt, John N. Mitchell, and other Nixon administration figures were imprisoned over the Watergate break-in and their efforts to cover it up. The CRP was also found to have had ties to the White House Plumbers. Organized on July 24, 1971, the Plumbers was a covert team officially called the White House Special Investigations Unit assigned to prevent leaks of information harmful to President Nixon, such as the Pentagon Papers to the press. Besides bringing shame on the office of President of the United States, the illegal acts of the CRP helped turn a burglary into a political scandal that would bring down an incumbent president and fuel a general mistrust of the federal government festering as part of protests against continued U.S. involvement in the Vietnam War.  Ã‚   Rose Marys Baby When the Watergate affair happened, there was no law requiring a campaign to disclose the names of individual donors to political campaigns. As a result, the amount of money and individuals donating that money to CRP was a tightly held secret. In addition, corporations were secretly and illegally donating money to the campaign. Theodore Roosevelt had previously pushed through this prohibition of corporations donating money back in 1907. President Nixons secretary, Rose Mary Woods, kept the list of donors in a locked drawer. Her list famously became known as â€Å"Rose Marys Baby,† a reference to the popular 1968 horror movie titled â€Å"Rosemarys Baby.†   This list was not revealed until Fred Wertheimer, a campaign finance reform supporter forced it into the open through a successful lawsuit. Today, the Rose Mary’s Baby list can be seen at the National Archives where it is held with other Watergate-related material released in 2009. Dirty Tricks and CRP In the Watergate Scandal, political operative Donald Segretti was in charge of the many dirty tricks carried out by the CRP. These acts included the break-in at Daniel Ellsbergs psychiatrists office, the investigation of reporter Daniel Schorr, and plans by Liddy to have newspaper columnist Jack Anderson killed. Daniel Ellsberg had been behind the leak of the Pentagon Papers that had been published by the New York Times. According to Egil Krogh in an op-ed piece in the New York Times printed in 2007, he was charged along with others to carry out a covert operation that would uncover the state of Ellsbergs mental health in order to discredit him by stealing notes about him from Dr. Lewis Fieldings office. According to Krogh, the break in which found nothing about Ellsberg was done in the name of national security. Anderson was also a target due to his exposing classified documents that showed that Nixon was secretly selling arms to Pakistan in their war against India in 1971. Anderson had long been a thorn in Nixons side. The plot to discredit him was widely known after the Watergate scandal erupted. However, the plot to possibly assassinate him was not verified until Hunt confessed on his deathbed. Nixon Resigns In July 1974, the U.S. Supreme Court ordered President Nixon to turn over secretly-recorded White House audio tapes - the Watergate Tapes - containing Nixon’s conversations dealing with the Watergate break-in planning and cover-up. When Nixon first refused to turn over the tapes, the House of Representatives voted to impeach Nixon for obstruction of justice, abuse of power, criminal cover-up and several violations of the Constitution. At last, on August 5, 1974, President Nixon released the tapes, proving his complicity in the Watergate break-in and cover-up. Aware that his impeachment was almost certain, Nixon resigned on August 8 and left office the following day. Finally, on August 5, Nixon released the tapes, which provided undeniable evidence of his complicity in the Watergate crimes. In the face of almost certain impeachment by Congress, Nixon resigned in disgrace on August 8 and left office the following day. Just days after he was sworn in as president, Vice President Gerald Ford - who had no desire to run for president himself - granted Nixon a presidential pardon for any crimes he had committed while in office.

Thursday, November 21, 2019

Chinese Medecine Essay Example | Topics and Well Written Essays - 2500 words

Chinese Medecine - Essay Example He wrote the book I-Ching also known as book of change which had the power of shaping the thought process of any upcoming book on the Chinese medicine. The first book on the acupuncture appeared in the 204 BC during the rein of Huang Di - The yellow emperor. The books had full details on the needles to be used, acupuncture points in the Body, pathology, syndrome differentiation, treatment, diagnosis and the relationship of man with the nature. Initially, the stone needles were used to conduct the acupuncture and then the bronze, gold, silver needles were used as well. Now a days stainless steel needles are used to puncture the specific parts of the body. Acupuncture has found its use in almost all the diseases but there is a huge debate on the infection caused due to the acupuncture needles and the subsequent impact of the infections on the body. This paper attempts to analyze the acupuncture from the historical perspective and researches the modern application of acupuncture with the application, advantages, and disadvantages. The paper ends with the conclusion obtained as a result of the research and discussions. (Gabriel, 2003) Acupuncture is a traditional Chinese medicine practice having history which dates back to 8000 years. During the process of evolvement, acupuncture needles were modified from using stones as the raw material to bronze, gold and silver to stainless steels. The first changeover from stone to metal needles had happened during the 421-221 BC which is also known as the Warren States era. In the year 113 BC, nine types of acupuncture needles were discussed in the book The Miraculous Pivot. Nan Jing wrote a book named Book of difficult questions on Acupuncture. During 265 - 581 AD, acupuncture was very popular during the Jin, Northern and southern dynasties as several charts and texts were developed during this time by Xu Xi family to enhance the knowledge of theory and application. Another major development during the ancient world in the fields of acupuncture came during Sui and Tang dynasties. The Tang government commissioned the services of physician Zhen Quan to revise the important text and charts of Acupuncture. Another book which collated the text and charts from other physician was written by Sun Simio. The Acupuncture came to be recognized as the separate branch of medicine during this phase i.e. 650 - 692 AD. The physicians conducting the Acupuncture were known as Acupuncturists and the Acupuncture education became mandatory and was made one the constituents of Imperial medicine bureau. The Acupuncture schools came up and they started conducting formal education on the Acupuncture theory and practice. During the period 1568-1644, also known for Ming Dynasty rule, the knowledge of Acupuncture flourished where several actions like modification of the classical texts were conducted, acupuncture techniques and medication was enhanced, Moxa sticks were developed for indirect treatment, 120 volumes of Encyclopedic work was carried on by Wang Gendung as well as principles of acupuncture and Moxibustion was written by Yang Jizhou. G. Soulie D Morant, who introduced Acupuncture to the European world draw his inspiration from these texts. In the next few years during 1644-1840, the acupuncture was suppressed and the Chinese herbal medicine was promoted

Tuesday, November 19, 2019

Two questions Essay Example | Topics and Well Written Essays - 500 words - 1

Two questions - Essay Example There is a contract that exists between Standard Storage Company and Tri-county Investment Corporation of the transaction of the sale of the mentioned warehouse. The contract is quite clear in all its elements and further mentions clearly that there is a lot of silence about the office furniture. Therefore, any disagreement should never arise on whether office furniture is included in the sale as the contract goes ahead to mention that the document, which is the contract itself, supersedes any agreement made before or after the contract of sale. Hence, all the emails that the parties exchanged regarding the mention of the furniture as part of the sale are declared null and void, as this is not stated in the binding document that is the contract of sale. The contract of sale of goods demands that there be a detailed description of the goods or property being sold, their serial number and any other data applicable. Therefore, the seller is obligated to ensure that the goods or property they are selling is free from liens claims, encumbrances, or restrictions (Jentz, Clarkson, Miller and Cross 46). In a contract to sale, the must exists the following requisites to enable its execution. There must be an agreement between the parties that is one party must be willing to sell and the other willing to buy. Secondly, a consideration must exists of which in our case is the price consideration hence the price of the goods or the properties must be well stated. Of course it is a common phenomenon that the parties willing to engage in the contract to sale must have the required contractual capacity hence competence to enter the agreement. The purpose of the contract must be legal in nature hence ability to pass the test of the law incase of any disagreement and the apparent consent of both the parties must be genuine and not a pretence. Finally, the agreement must be in whatever form as required by law. If the above contract to sale satisfies

Saturday, November 16, 2019

House of the Spirits Essay Example for Free

House of the Spirits Essay The world is engulfed by positive and negative forces. Violence, the negative force, is always there around us. We silently experience its impact, without responding. When one responds to the violence vocally, it may or may not produce the desired effect. There are two parties to the violence-the perpetrators of the violence and the victims of the violence. When the victims of the violence suffer silently, that doesn’t mean everything is fine. The nature of violence is fire and its suddenness. It may instantly erupt like the fiery waves of Tsunami, and produce colossal damage; or arrive like the uncontrollable avalanche. Human efforts may not be able to contain the onward march of destruction. It may end of its own and retain its gains for ever. The boom of Latin American literature began in the 1960s, and Isabel Allende’s House of the Spirits is one such product of the boom era. Her big leap in the world of literature happened in the year 1985, when the translation of La casa de los espiritus saw the light of the day. She became an international figure, and she found her place in the same pedestal as that of Columbian Nobel Prize-winner Gabriel Garcia Marquez. Her work was compared to his One Hundred Years of Solitude. The highlight of the book is that it is written by a woman writer and a Chilean national. The plot of the novel is the saga of three generations of Trueba women—Clara, Blanca, and Alba. It is the story of the struggle of these women with Esteban Trueba, the domineering family patriarch. Allende takes on the story of the family and its political backdrop, which finally ends in a military coup and the eventual dictatorship. It is the conflict between the forces of Left and Right. In the book, the name of the country is not specifically mentioned as Chile, but the obvious is experienced by the reader. The content of the story is the deep reflection of her homeland, Chile. The legally elected administration, led by President Salvador Allende (Isabel’s uncle) was deposed by the military forces in the year 1973. The political current is flowing through the entire novel subtly and sometimes directly. It is very explicit, and don’t get carried away by the title of the book and conclude that it is the book on magic and spirits. It is a story of the family intermingled with the story of the Nation, Chile. The family of Esteban gets entangled with the political upheaval during the latter part of life. Extended family life is the highlight and is given lots of importance in the Chilean society. Couples live in their own houses, but the concept of larger families is popular, the small families look forward to their larger families for more than one objective. The holidays and weekends are spent in the company of relatives. Nuclear families look up for support from the extended-family ties in times of emergencies. Friendship among the adults is an encouraging feature of this system. Technological advance, industrial and internet revolutions have affected the social structure and made deep impact in all the aspects of life of humanity all over the world, and Chile is no exception. Gender rules and traditional areas have suffered the dent. Women in Chile seek employment in large numbers and they don’t wish to remain unschooled, as was the case a few decades ago. In 1990, about 50% of the student population in primary and secondary schools were female. In higher education the percentage was marginally lower; the female enrollment was 44%. There was steady increase of the female students in traditionally female profession of teachers, and also law, medicine, dentistry etc. The traditional pattern as for the roles of men and women and society has undergone noticeable change in Chile. Strong support, more than 80 percent, was seen for the view that women benefit as individuals if they work like men, outside home. Women wished to exercise their rights that paved way for development of their individual personality, which is linked to their economic prosperity. As for the attitude towards marriage, the sentence included in the family law, â€Å"women should obey their husbands,† found favor with only 40% of women, whereas 55% men still held the traditional views. Another important aspect of a similar survey was, men should participate more actively in household work. 70% of men and 92% of women concurred with this view. Isabbel Allende’s novel covers three generations of women in Chile and the notion that women reach full self-realization primarily through motherhood has also seen much modification during this era. Fewer children are now preferred and day care facility for their small children is extensively used by the working mothers. The extended family tradition even now prevailing also puts the working mothers in an advantageous position. The system of employing female domestic servants is in vogue amongst the middle-class and upper class households. The Chilean women face a three-pronged drive against them. The Nation is known for its authoritarianism and Catholicism. The people have experienced dictatorship as well as democracy which have affected the life in one way or the other. The transition from dictatorship to democracy and the reconstruction of the democratic institutions have also resulted in inherent changes as for the position and status of women in the Chilean society. NGO’s re playing the active role to improve the standard of living as well as the standard of life of women. The most provocative issue of women in Chile is abortion. Abortion is illegal in Chile. However, the ground realities are, one in four pregnancies ends in abortion. Poor women are mostly affected as they lack proper education and do not have access to safe, private clinics. Even in this modern era, there are women’s rights opponents in Chile, both at the governmental and NGO levels. But Allende opines that it is difficult to resist social change, and the traditionalists don’t seem to have a happy future. Jane Futcher, of San Francisco Chronicle gives the ‘synopsis’ of the book in two sentences: Nothing short of astonishing In The House of the Spirits Isabelle Allende has shown us the relationships between past and present, family and nation, city and country, spiritual and political values. She has done so with enormous imagination, sensitivity, and compassion. But such organizations face strong opposition from the Church as Allende puts it, â€Å"†¦ and putting women on an equal footing with menthis in open defiance of the law of God, which was most explicit on the issue. † Whenever the Nation is in turmoil, for whatever reasons, women and children are the intense sufferers. They face loss of anxiety and uncertainties. The problems in an extended Chilean family were comparable to the problems of the Nation. Allende is at great pains to understand and explain why the 1973 coup happened at all. A democratically elected socialist president was removed from power and killed by Pinochet. The book holds the inherent clashes that were part of the society for such an unfortunate development to occur. The pairs of opposites, like landlords and tenants, conservatives and communists began to attack each other. No one thought about the after effects of the harsh churning of the society. Dictatorship emerged, actually no one wanted it. By the time the people realized the futility of their approach and action, much harm had already been done to the Chilean national psyche. Normalcy was restored after the nation went through convulsions. Conclusion: The pages of human history daubed in bloodshed of World Wars I II, Nanking Massacre (China) and the violence without intermission in Chile, ask the crying question. How to make this violence-prone Planet Earth heaven like? The answer is simple and direct. Eyes, full of understanding, heart full of love and the life that refuses conflicts-these alone are enough. If a question is posed whether the happenings in Trueba family is the ‘micro’ example of the ‘macro’ happenings in Chile, the answer would be both yes and no! The patriarch of the family is, ipso facto, a dictator—he possesses a volatile, harsh unreasonable temper and also the obsessive ability to love through possession. The day to day developments and realities seemed to have no effect on the Treuba family as such. They came out unfazed through the dark days of the dictatorship. Yet to be sure, most of them were psychologically affected, even though they did not discuss their grievances and opinions openly. But no one was happy about the unfortunate developments that engulfed the country. Allende describes how, over the time people soften and lose their angry identity, and are amenable to reason. How the country overcame its demons, and the determination of the people not to let the old days return. They would like to forget the shudder of disgust related to all sorts of violence. Allende’s depiction of the controversial events in Chilean history is even, intelligent and highly illuminating. Yet, the novel written by a woman author has got to address the pressing issues related to the welfare of women. House of the Spirits is a truly poignant story covering all the aspects of human life, is trials, tribulations, its duty and beauty. It is the story of love and hate; betrayal and acceptance; pride and prejudice. The importance of family bonds has been rightly highlighted. A joint family means actually a ‘group insurance cover’ for all the members of the family and a great psychological security. The possibilities of a life of love are infinite. There lies a unique joy in giving, that one will never find in accepting. References Cited: Allende, Isabel: Book: The House of the Spirits. 448 pages Publisher: Bantam (July 1, 1986), 448 pages. Language: English ISBN-10: 0553273914 ISBN-13: 978-0553273915

Thursday, November 14, 2019

Napoleon :: European Europe History

Napoleon Nationalism is the devotion of people to the interests of its nation or the love of one's country to stay independent. Nationalism played a major role in the downfall of Napoleon in that he wanted an empire and his opponent's wanted independence. As Napoleon was conquering lands and creating a vast empire his troops stressed in the far lands that they conquered life, liberty and equality. Although Napoleon did not realize, it triggered nationalistic feelings among the conquered nations. Spain, who was an ally of France, disobeyed Napoleon's decree. Then in 1808 Napoleon overthrew the Spanish royal family and made his brother Joseph king of Spain. However, everything that Napoleon did such as put in a foreign ruler, take away noble privileges offended Spanish pride and created nationalistic feelings. The people of Spain revolted in 1808. The French troops stopped the riots, but the nationalistic spirit was not lost. For the next five years, there was warfare in Spain. British troops came to aid Spain. This led to the defeat of Joseph, death of thousands of French troops and it inspired patriots and nationalists of other lands to resist Napoleon. This war between 1808 and 1813 is called The Peninsular War. In Germany, anti-French feelings broke out. However, the French invasions carried German nationalism beyond the small ranks of writers. In 1807, writers attacked French occupation of Germany. This nationalistic feeling spread to the Prussians. In 1806, the Prussians were defeated by the French troops. To drive the French out of Prussia there would have to be a spirit of cooperation and loyalty. To accomplish this there would have to be social and political reforms. A reformer said that if social abuses were eliminated the Prussians could fight with national honor. Military reforms improved the Prussian army. In the War of Liberation (1813), the soldiers showed great feelings of patriotism and nationalism. Afterwards, the French were driven out of Prussia. Russia, who was an ally of France, went against the word of Napoleon, So Napoleon decided to invade Russia. Napoleon's Grand Army had 700,000 people in it. Most of soldiers were not French and did not care for the war. In 1812 when Napoleon began the invasion, Russia retreated. As they were retreating, they burned all crops, which were valuable. When Napoleon reached Moscow, the Russians burned the city. Even worse, the winter was in a few months. The Russians also destroyed the food supply of Napoleon.

Tuesday, November 12, 2019

My Web Site

3. SYSTEM REQUIREMENT STUDY The requirements gathering process is intensified and focused specifically on software. Software requirements analysis encompasses understanding the information domain for the software as well as required function, performance, behavior and interfacing. Requirements for both the system and the software are documented and reviewed with the customer. 1. DESIGN Software design is a multi-step process that focuses on four distinct attributes of a program: data structure, software architecture, interface representation, and procedural details.The design process translates requirements into a representation of the software that can be assessed for quality before code generation begins. The design is documented and becomes part of the software configuration. 2. CODE GENERATION The design is translated into a machine – readable form. If design is performed in a detailed manner, code generation can be accomplished mechanistically. 3. TESTING The testing proc ess focuses on the logical internals of the software, assuring that all statements have been tested, and on the functional externals i. e. onducting tests to uncover errors and ensure that defined input will produce actual results that agree with required results. 4. MAINTENANCE Software maintenance applies to following phases in the existing program: a. Change in software due to errors. b. Change in software because the software must be adapted to accommodate changes in its external environment. c. Change in software when the customer requires functional or performance enhancements. 1. USER CHARACTERISTICS Analyzing user characteristics is an important aspect of any project.It allows the team to clearly define and focus on who the end users are for the project. Also, it allows the team to check the progress of the project to ensure the team is still writing the product for the correct users. REGISTERED USER This user has to have at least WINDOWS 2000 OS and Internet browsing skills for administrating the system. 2. HARDWARE & SOFTWARE REQUIREMENTS †¢ SERVER o Hardware Requirements: |Sr. No |Components |Description | |1 |Processor |P-4 2. GHz | |2 |Main Memory (RAM) |128 MB DDR | |3 |Hard Disk |40 GB | |4 |Others I/O Devices |15 â€Å" Color Monitor | |5 |LAN Card |100 MBPS | o Software Requirements: ? Microsoft . NET Framework 2. 0 ? Microsoft Internet Explorer 5. 0 ? Microsoft Internet information Services †¢ CLIENT o Hardware Requirements: Sr. No |Components |Description | |1 |Processor |P-4 2. 0 GHz | |2 |Main Memory (RAM) |128 MB DDR | |3 |Hard Disk |10 GB | |4 |Others I/O Devices |15 â€Å" Color Monitor | |5 |LAN Card |100 MBPS | Software Requirements ? Internet Explorer 5. 0 3. CONSTRAINTS 1. Hardware Limitations †¢ The limitation of hardware is that there must be WINDOWS 98 OS or higher version and in no other version of WINDOWS OS this project cannot work. †¢ The other limitation is that there must be minimum 128 MB RAM (in clie nt) PC without that the . NET framework 2005 can’t be installed and also the PC must have P-4 2. 0 GHz processor. 2. Software Limitations †¢ In this project . NET framework 2008 is used so it can’t work on . NET framework 2003. 3. Other Constraints †¢ The registered users have to do his/her login each time at a time of accessing the site. At a time more than one user can access the application. 4. Parallel Operation †¢ At a time more than one user can access the application. 5. High Order Language Requirement †¢ Front End: AJAX toolkit †¢ Back End: Internet Information Server (5. 0) 6. Safety & Security Considerations †¢ If any user wants to access any information regarding the project then he/she has to login into the application using the password given to him/her. 7. Assumptions & Dependencies †¢ Project will be designed to be maintainable in the future. †¢ Recovery and back-up services will be provided by system administrator .

Saturday, November 9, 2019

A Canary for One by Ernest Hemingway

A Canary for One by Ernest Hemingway The story under consideration is â€Å"A Canary for One† written by Ernest Hemingway. He was an American author and journalist. His economical and understated style had a strong influence on 20th-century fiction, while his life of adventure and his public image influenced later generations. Hemingway produced most of his work between the mid-1920s and the mid-1950s, and won the Nobel Prize in Literature in 1954. He published seven novels, six short story collections, and two non-fiction works. Three novels, four collections of short stories, and three non-fiction works were published posthumously.Many of these are considered classics of American literature. Now I’d like to pass on the story. The title of the story is rather complex. On the one hand it is related to the present which the American lady intends to give to her daughter. And on the other hand it reveals the idea of the woman’s self-centeredness as she doesn’ t cope with her daughter’s feelings and implants her beliefs on the girl. Now I’d like to pass on the theme and ideas of the story. The leading theme of the story is connected with family relationships. There are several ideas in the story which help us to discover meaning of the story.Firstly, The American lady doesn’t even try to understand her daughter’s desire to marry the foreigner as for American women â€Å"Americans make best husbands†, she is too self-imposed. Secondly, the idea of semi-national marriage sounds absurdly, as the author shows us a perfect example of bad relationships between the American husband and wife, who are intended to divorce. Let me give you a brief summary, to reconstruct the events more accurately. It is the story of three people on a journey across Europe. A married couple shares a compartment with a woman who will be visiting her daughter. She is taking the daughter a canary.They are all Americans living in Europ e so their conversation soon becomes easy and revealing, turning to intimate topics, the kind of things one can comfortable confess to strangers on a train. The two women do most of the talking which is about the woman's daughter and the European man she's about to marry. The woman is against it and insists to take her daughter away as the American men are the best husbands, while the second woman’s American husband remains silent. After they arrive to their destination, all three part with each other. The plot of the story is given to engage the reader emotionally.The author sets up an external conflict between the American woman and her daughter. Moreover there is a conflict between values of the woman and the values of the couple. Speaking about the symbols in the novel I should say, that the main symbol is the canary. An amusing similarity begins to surface between the woman and her captive bird as she decidedly affirms disapproval of her daughter's ill-fated union. The b ird symbolizes both dependence of the woman of her beliefs and the daughter of her mother. As for discourse type it should be noted that the story is partly narration, partly description and partly dialogue.The special role is given to narration and dialogue, as through these discourse types that author reveals the atmosphere and the main ideas of the story. What is more it is written in first person perspective. The narrator is the husband but we can realize that only in the middle of the story. The author uses the indirect characterization. The protagonist of the story is the young man who despite being an American is characterized as an Englishman because of wearing braces and his English character which separates him from his wire and the women.The antagonist is the American woman, a middle-aged woman who is characterized with her deafness – not just the reluctance to her anybody else’s opinion but also a physical one. Setting creates a certain mood in the story. T he immediate setting is the compartment. It is extremely hot there â€Å"it was very hot in the train and it was very hot in the lit salon compartment†. The heat, smoke, dust create the sick atmosphere. Shades of grey, brown and black are predominant in the story: â€Å"dusty trees†, â€Å"brown wooden restaurant cars†, â€Å"long cement platform†.The story is written is formal language with infusions of informal one. There are constant repetitions of the word â€Å"American† in the text, which obviously gets a negative connotation here. To sum it up I can say that the story made a great impression on me. It is rather ironical and I am convinced that the ideas which are expressed in the story are very common nowadays. The national bias often mix up marriages. But we all are people and creating boundaries is incorrectly. Besides being deaf to other people’s beliefs and feelings is a straight way to rupture.

Thursday, November 7, 2019

In Writing, Tone Is the Authors Attitude

In Writing, Tone Is the Authors Attitude In Writing, Tone Is the Author’s Attitude In Writing, Tone Is the Author’s Attitude By Mark Nichol In written composition, tone is often defined as what the author (rather than the reader) feels about the subject. (What the reader feels about it, by contrast, is referred to as the mood.) Tone is also sometimes confused with voice, which can be explained as the author’s personality expressed in writing. Tone is established when the author answers a few basic questions about the purpose of the writing: Why am I writing this? Who am I writing it to? What do I want the readers to learn, understand, or think about? Tone depends on these and other questions. In expository, or informative, writing, tone should be clear and concise, confident but courteous. The writing level should be sophisticated but not pretentious, based on the reader’s familiarity with or expertise in the topic, and should carry an undertone of cordiality, respect, and, especially in business writing, an engagement in cooperation and mutual benefit. Expository writing shares with journalistic writing an emphasis on details in order of priority, so writers should not only organize their compositions to reflect what they believe is most important for readers to know but also use phrasing and formatting that cues readers about the most pertinent information words like first, primary, major, and â€Å"most important,† and special type like italics or boldface, but employ both techniques with restraint. In creative writing, tone is more subjective, but it also requires focus on communication. The genre often determines the tone thrillers use tight, lean phrasing, romances (hearty adventures as well as adventures of the heart) tend to be more effusive and expressive, comedies more buoyant, and so on. Some writing guides suggest that if you’re unsure about what tone to adopt for fiction, you visualize the book as a film doesn’t everybody do that anyway these days? and imagine what emotions or feelings its musical soundtrack would convey. Tone is delivered in the form of syntax and usage, in imagery and symbolism, allusion and metaphor, and other literary tools and techniques, but that shouldn’t imply that developing tone is a technical enterprise that involves a checklist. Just as with mastering your writing voice (while being flexible enough to adapt it to a particular project), adopting a certain tone depends on these and many other qualitative factors. Tone can also be compared to differing attitudes of human behavior the difference, for instance, in how you behave at work, at church, at a party, and so on. Tone and voice are two features of writing that go hand in hand to create the style for a piece of writing. The attitude and the personality two other ways to describe these qualities could also be said to blend into a flavor of writing. Whatever analogy you use, make a conscious decision about tone based on the purpose, the audience, and the desired outcome of your work. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Fiction Writing category, check our popular posts, or choose a related post below:7 English Grammar Rules You Should KnowThe Four Sounds of the Spelling OUGrammatical Case in English

Tuesday, November 5, 2019

Exploration and History of Banned Books

Exploration and History of Banned Books A banned book is one that has been removed from the shelves of a library, bookstore, or  classroom because of its controversial content. In some cases, banned books of the past have been burned and/or refused publication. Possession of banned books has at times been regarded as an act of treason or heresy, which was punishable by death, torture, prison time, or other acts of retribution. A book may be challenged or banned on political, religious, sexual, or social grounds. We take the acts of banning or challenging a book as a serious matter because these are forms of censorshipstriking at the very core of our freedom to read. The History of Banned Books A book may be considered a banned book if the work has been banned in the past. We still discuss these books and the censorship surrounding them not only because it gives us insight into the time in which the book was banned, but it also gives us some perspective on books that are banned and challenged today.Many of the books that we consider rather tame today were once hotly debated works of literature. Then, of course, books that were once popular bestsellers are sometimes challenged or banned in classrooms or libraries because the cultural viewpoint and/or language that was accepted at the time of the books publication is no longer deemed appropriate to read. Time has a way of changing our perspective on literature. Why Discuss Banned Books? Of course, just because a book has been banned or challenged in some parts of the United States doesnt mean it has happened where you live. You may be one of the fortunate few who have never experienced banning. Thats why its so important for us to discuss the reality of banned books.Its important to know about the cases that are happening in other parts of the United States, and its important to be aware of the cases of book banning and censorship that are taking place around the world. Amnesty International directs attention to just a few writers from China, Eritrea, Iran, Myanmar, and Saudi Arabia, who have been persecuted for their writings.

Saturday, November 2, 2019

The Effects of Acculturation and Assimilation on Second Language Research Paper

The Effects of Acculturation and Assimilation on Second Language Acquisition - Research Paper Example Both social and economic sectors have been affected by the respective transformations. In the social sphere, the education sector is perhaps the most affected. Increasingly, populations are being compelled to develop more integrated methods of transport and communication. Communication is particularly important in the environment because it enhances understanding of the knowledge that is passed across in various institutions. Indeed, it cannot be disputed that effective communication fosters understanding and enhances consumption of the respective information by the students. This is at the core of the primary goals and objectives of education. In essence, effective communication aids in promoting sustainable development in this sector. In the education sector, communication amongst students and teachers promotes the establishment and development of lasting positive relationships. Through these relationships, students are able to understand and appreciated the knowledge that the get and skills that are delivered to them. The teachers or instructors on the other hand have an easy time to pass on important concepts to the students. Effective communication prevents possible conflicts that are likely to emanate stem from incidences of misinformation. As indicated earlier, globalization trends have led to the free movement of students form one region to the other. As a result, it has diversified learning environments with respect to culture and particularly language. Current trends indicate that students go to great lengths to attain quality education. Certainly, this is requisite for effective functioning in the society. The students are compelled to pursue this good by the changing environments in the corporate sphere. Seemingly, successful business entities prefer personnel that are well equipped with respect to knowledge and skills. This enables respective organizations to attain a competitive edge and realize optimal outcomes in their endeavors. Likewise, most businesses always seek to enhance their performance with regard to profit making. One of the most important factors in the current education sphere pertains to language. In order to function executively and realize optimal outcomes in the current diversified learning environments, both students and teachers are being compelled to learn a second language. Usually, their first language includes their native language and is useful in the local learning institutions. When they get to national and international levels, they are always required to acquire knowledge about a second language. This enables them to communicate effectively in their learning environments and understand the information that is passed on to them. In addition, it enables them to address the challenges that they face especially considering that most of them learn from foreign environments. At this point, it is worth appreciating that language is an important cultural component that aids in understanding the ways of life of a certain community. Effective learning only takes place in environments that are peaceful and devoid of unnecessary conflicts. In most instances, conflicts that occur in the learning environments tend to be closely associated with cultural differences. In this respect, it is also worth noting that culture is a very sensitive social aspect that is intrinsic of a people’s behavior and general way of life. Relative conflicts are therefore equally sensitive and the likelihood of these spurring into more complex conflicts is very high. In the learning environment, this is undesirable and can compromise the wellbeing of the entire school fraternity. It is for this reason that

Thursday, October 31, 2019

Crisis management japan earthquake Assignment Example | Topics and Well Written Essays - 500 words

Crisis management japan earthquake - Assignment Example The effect of this earthquake was felt in Tokyo that is 300 miles away from the place of the crisis. There were no damages reported after this crisis. The major reason for this is because it was far off the coast. In this section, we are going to focus on the social media. In this era of technology, the social media can be used to manage a crisis or even to make the crisis worse than it already is. Whenever one is dealing with a crisis, there is need to come up with a disaster management team that will look into the possible ways to quell the effects of the crisis. In the 2013 Japan Earthquake among the modes used to reach out to the people was through the social media. Firstly, in the 2013 Japan earthquake, the social media was used to inform the world about the crisis. The social media was used as one of the communication channels used to deal with the crisis. There are people who could not watch the news but with their mobile gadgets, they followed up the whole incidence from wherever they were. The social media was also used to warn people against staying in the areas that had been affected by the crisis. This information was important as a precautionary measure incase another disaster was triggered by the earthquake. The survivors of the disaster also used the social media to tell their experiences during the crisis. The social media was also used to pass messages of encouragement to the victims of the crisis. Through the social media, those people who had to relocate to higher grounds got the assistance from the donations that the social media users raised. As stated above, the social media can be for the good of a crisis as well as an avenue for more disaster. Through face book sharing and re-tweeting options, people who would have been helped were not helped. It came to the attention of the authorities that it was not possible to locate the source of the information. In future it is important that

Tuesday, October 29, 2019

An Economic View of Egypt Research Paper Example | Topics and Well Written Essays - 2250 words

An Economic View of Egypt - Research Paper Example The country has a lot of military and political influence over a number of countries in Africa and Middle East. This paper makes an investigation into the country from the economic and political points of view. The various economic indicators have been thoroughly analyzed. Along with that the present issues that is of the biggest concern for the country has also been enumerated. Finally a recommendation has been provided which provides an insight into the prospects and the possible way forward for the country. Research Objective The country of Egypt has gone through various turbulences in the recent times. This has some effect on the economic and political condition of the country and has brought the country under various challenges. The objective of this paper is to find out the various nuances of the economic and the political aspects of the country. The study would provide an insight into impact of the happening in the country as well as find a feasible solution to the host of pro blems. Literate Review The economic and political aspects of the present day Egypt has been captured in the writings of a number of researchers. The existing political scenario of a particular country has a direct impact on the economy. The well being of a country is largely dependent on the kind of governance that is existent in the country. The major indicator of the development of any economy is the growth rate of the GDP. From the figure below it can be concluded the Egypt experienced a growth rate which have fluctuated over a period of time. The country has faced phases of positive trend in the rate of growth of the economy during the period from 1992 to 1998 and again from 2003 to 2008 as see in the diagram below. However the economy faced a major downturn with the growth rate bottoming out during 2011. The chief reason behind this is the political turbulence that had been taking place in the country due to the removal of Hosni Mubarak from the political control of the governm ent of Egypt. The country recovered from the drastic situation with an extremely slow pace which resulted due to the various social and economic challenges that the newly formed government faced. The national issues had greater significance at that point of time. However, the real GDP showed a positive trend in the growth rate by 2.0 % in the year 2012. The consumption expenditure of the government also increased during this phase which justified the path of recovery of the country. The country has always reported a very high rate of inflation which remained above 10% with the consumer price index always having a double digit figure. After the period of political turbulence, in 2012 as the economy recovered the inflation rate was also brought under control and was reported to be 8.7%. However, the currency of Egypt faced a huge amount of depreciation because of the high rate of depletion in the foreign reserves of the country. This resulted in the weakening of the currency and excha nge rate for the country became very vulnerable. The diagram that follows explains the position of foreign exchange of the country. During the year 2012, the foreign exchange reserve of Egypt slowly went down. This resulted in a low level of reserve as low as 13424.1 million US dollars in 2013.

Sunday, October 27, 2019

Review of literature on employee management

Review of literature on employee management Management is not only about managing resources and controlling expenses. Although these are basic functions of management, theres more to management than just managing resources and controlling expenses. Another extremely important function of management is the ability to manage employees especially since they are the lifeline of any business. Given the downturn in the economy, many businesses have not only been forced to lay off employees, but theyve also been forced to close their doors due to a lack in demand. However, there are also businesses that have capitalized on the downturn of the economy to reduce overhead and increase employee productivity even if the need does not exist. This can certainly be a temporary fix, but squeezing everything out of employees does not appear to be the solution for long term business success. With that in mind, this paper will dive into some of the common management issues that businesses and leaders face today such as; the effects of poor lead ership, not motivating employees effectively, and not being able to manage conflict appropriately. Based on the study of these management issues, the study concludes that poor leadership can result in not providing proper direction and/or guidance to your employees to meet company goals, not motivating employees can result in a decrease in employee productivity, and not managing conflict can lead to low morale and even a belief of inequality among the workgroup if issues are not handled properly. Further research would be appropriate to explore solutions to these issues. Employee Management Issues Given the fact that every person and employee is different, managing employees effectively continues to be one of the most common management issues that businesses face in this demanding world of business. Businesses can certainly hire employees that have great credentials and impressive resumes. However, managing employees and addressing management issues effectively is just as important as hiring employees with the proper experience and education in order to establish a good employee base that will be instrumental for future success. With the above in mind, this study will focus on several employee management issues such as the effects of (a) poor leadership, (b) not motivating employees effectively, and (c) not being able to manage conflict appropriately. Review of related literature Poor leadership Employees not only need guidance from their managers or leaders, but they also need to know that they will be there to help them when they need them or to help put things back on the right track. Leadership need not imply that a leader is, by nature, wise, and inspirational. Darker forces sometimes drive leaders as well as their followers. Bad leadership is as ubiquitous as it is insidious (Kellerman, 2007, Pg 17). Kellerman (2007) further points out that, like good leaders, bad leaders are characterized by traits such as intelligence, high energy, strong drive for power and achievement, decisiveness, and determination. Bad leaders have a skill set that ranges from being good at communicating to being good decision making. Kellerman (2007) also describes bad leaders as, incompetent, rigid, intemperate, callous, corrupt, insular, and evil (Kellerman, 2007, Pg. 17). McGowan (2010) also notes, Leadership cant lead if it cant see (McGowan, 2010, Pg. 3). Many leaders/managers are not successful due to their authoritative leadership styles, resulting in increased communication gap with their employees. Such leaders are unable to earn the respect and loyalty of their employees, who simply follow their orders because of their authority. Accordingly, there is a greater possibility of turnover and absenteeism by the valuable workforce (Ahmed, Shields, White,  Ã‚  Wilbert, 2010, Pg. 108). Fowlie Wood (2009) further illustrate from one of their studies that, bad leadership equates to a lack of self-management and relationship management competencies (Fowlie Wood, 2009, Pg. 568). Lack of communication and guidance from management simply exacerbates existing or potential problems. As a result, this could then leave the employees feeling like no one is listening and the relationship between employees and management starts deteriorating. Poor motivation Once the relationship between employees and management starts to deteriorate, this can then lead to motivational issues. Managers need to realize that every employee is different. Some employees prefer to work independently while others like the continued feedback and support from their leaders. As Lazenby (2008) notes, a one-size-fits-all apprach to employee motivation doesnt work. Challenges that motivate one person might actually discourage another. Some individuals seem to have a high need for praise and recognition, even when their work is mediocre; others dont seem to care about those things (Lazenby, 2008, Pg. 22). As Lazenby (2008) further points out, People are different, and we need to master the skills needed to motivate different people (Lazenby,2008, Pg. 23). While some employees might be motivated by monetary rewards, managers also need to be aware that motivation could also depend on the age of the employee. Although one might not think that age is a factor when it comes to motivating workers it actually is. Younger employees tend to be more motivated by monetary rewards and older employees are generally motivated by other factors. As Kauffman (1987) points out, aging, in itself, does not lead to mental impairment, such as memory loss or a breakdown in intellect. They [older workers] may no longer be striving for top pay; they may see the need for better balance between work life and home life; their children may be self-supporting and their monetary needs are no longer a driving force (Kauffman, 1987, Pg. 43). Not motivating employees can then lead to inter-departmental or departmenta l conflict especially if employees believe inequality exists. Not managing conflict appropriately Conflict in the workplace is not always a bad thing. However, conflict thats not managed properly can certainly lead to bigger problems. Occasional conflict, if managed appropriately, can lead to creativity, better decision-making, and improved results. However, too much conflict can lead to a decrease in performance and group cohesion (Sikes, Gulbro, Shonesy, 2010, Pg. 48). Assael (1969) further notes that, constructive conflict results in improved communications between organizations, allowing for legitimate differences of interests and beliefs to emerge (Assael, 1969, Pg. 578). Culture wars can occur when the beliefs and habits of one cultural group come to dominate the norms of the workplace, making it difficult for members of other groups to be included, understood, and to attain success (Turner, 2007, Pg. 244). If conflict is not managed properly the results can ultimately affect the companys bottom line. They can substantially impact the vital organizational objective of serving customers (Tjosvold, Dann, Wong, 1992, Pg. 1). It is generally agreed by the organization theorists that organizational conflict should be managed rather than resolved to enhance individual, group, and system wide effectiveness. The management of organizational conflict involves the diagnosis of and intervention in conflict at intrapersonal, interpersonal, intragroup, and intergroup levels (Rahim, Afzalur, Garrett, Buntzman, 1992, Pg. 423-424). Rahim, Afzalur, Garrett, Buntzman further point out that, the difference between resolution and management of conflict is more than semantic. Conflict resolution implies reduction or elimination of conflict, whereas the management of conflict does not necessarily imply reduction or elimination of conflict (Rahim, Afzalur, Garrett, Buntzman, 1992, Pgs. 423-424). Conflict is almost certain to occur in work teams due to the fact that they are comprised of different people possessing different perceptions, personalities, and behaviors. Although incredibly effective, work teams may stumble upon barriers which must be overcome to allow for growth and continuation towards the common goals of the group. Unfortunately conflict cant be managed by walking away. You have to tackle the issue and, the important takeaway is not necessarily knowing how to eliminate conflict all together, but to eliminate the problems before they begin or be prepared to deal with the conflict as it is presented (Sikes, Gulbro, Shonesy, 2010, Pg. 48). Conclusion Employee management issues can have adverse effects to any business and ultimately to their bottom line. Furthermore, unaddressed issues and/or poor leadership tend to have a rippling effect that can start with one employee and work its way through departments or even entire companys if not addressed accordingly. Not managing employees appropriately can also lead to reduced opportunities not only for the employee, but for the company. In summary, poor leadership can result in not providing proper direction and/or guidance to your employees to meet company goals, not motivating employees can result in a decrease in employee productivity, and not managing conflict can lead to low morale or even a belief of inequality among the workgroup if issues are not handled properly. As Ahmed, Shields, White, Wilbert (2010) point out, Managers must have a mind-set to think beyond their job titles and focus more on developing and inspiring employees to accomplish organizational goals. After all, The ultimate goal of an organization is to maximize shareholders value and profitability, which is accomplished by integrating strong leadership with formal and informal communication networks (Ahmed, Shields, White, Wilbert, 2010, Pg 119). Given the fact that the human factor is part of any business, employee management issues are a common occurrence in the lives of every manager or leader. Thats not to say that theres nothing that can be done about it or suggest that managers or leaders should simply deal with the issues and move on. On the contrary, there are things that managers and leaders can do to overcome and/or minimize these employee management issues. However, further research would be appropriate to explore options and solutions that can be implemented to address these employee management issues.