Ethics in Financial Markets Essay Example | Topics and Well Written Essays - 3250 words

Ethics in Financial Markets - Essay Example Futures have a tendency to goad traders to borrow money so as to purchase the commodity making the deal to go sour should the price of the commodity dip, hence has a major impact on the   stocks and the overall economy as a whole. Another form of the financial market is the Hedge fund.   Hedge funds have over the years become popular due to the high returns it offers to the high end investor.   Hedge funds do invest heavily in the futures and some analysts have argued that they help check the volatility of the stock market and in extension the US economy. Hedge funds though are being blamed for the 2009 recession. Financial markets therefore do involve the financial institutions that are the banks, insurance companies, stock brokers and other closely related institutions.  Ethics is perceived as a set of societal standards of conduct and moral judgment that encompasses the norms of a given community. Ethics are a personal set of values used by an individual, a group or a prof ession;  Ã‚   so as to guide them in their action and help them fulfill or carry out their obligation. Its subjective rather that objective and its relative to our perception of reality   dependent on circumstances and life   experiences of the individual or group, thus making it a continuously evolving   code of conduct. It addresses issues pertaining to morality, i.e. good and bad; right or wrong etc.   Capitalism has been accused to be Darwinian in nature due to the market volatility that is brought by competition and the natural forces of demand and supply.  ... Its subjective rather that objective and its relative to our perception of reality dependent on circumstances and life experiences of the individual or group, thus making it a continuously evolving code of conduct. It addresses issues pertaining to morality, i.e. good and bad; right or wrong etc. BODY Financial markets ride on the premise of free market where the market is left to regulate and correct itself based on the principle of demand and supply enhanced through competition. The cost of the goods and services plus the overall state of the market is determined through the action of consumers and suppliers. Capitalism has been accused to be Darwinian in nature due to the market volatility that is brought by competition and the natural forces of demand and supply. Companies that are fit do survive while those that are unfit collapse especially during a recession. During recession bad debts is wiped out of the market leaving those who remain the task of rebuilding the market making the process to be cyclic and this is how market correction occurs. Competitive markets has made companies to do everything in their power so as to maximize profits by engaging in monopolistic practices, offering minimum wages and commercialization of everything making capitalism to be amoral as it pri zes the self above others and the natural checks and balance that capitalist have been advocating for in most cases than not has always not emerged. Capitalism is generally volatile thus fails from time to time and the correction mechanism has proven to be wanting during financial crisis prompting governments to artificial correct the markets.This counters the notion of

Leadership is simply about 'getting the job done'. Discuss in relation Essay

Leadership is simply about 'getting the job done'. Discuss in relation to concepts and conflicts - Essay Example On average, a manager’s job would be to administer things as per the managerial continuity and integrity. This paper will examine the existing theoretical concepts in relation to leadership. Also, conflicts might arise in the case all the theories are applied in one go. The paper would examine the possible conflicts too. Key Concepts Introduction: The following discussion would cover the key concepts in relation to management and how a job should be executed. It also focuses on management and corporate strategy in relation to leadership. Discussion: If a job is to be done, it is not likely that one does it single-handedly in today’s complex socio-psychological environment. He or she would need a team, hence the formation of workgroups. In a workgroup, the goals must be shared, group values must be specified, decision must be based on consensus and evaluation must be constantly done. Moreover, in order to get the job done, some other ethical values like mutual trust, ded icated participation and respect for each other must be ushered (McGregor, Bennis and Schein, 1966). In doing the job, the leader must understand the relationship between behaviour and performance among his or her subordinates. Reinforcement Theory explicates the concept as such that a rewarded behaviour is more likely to be repeated while a behaviour that is punished is less likely to be repeated. The concept of reward and punishment is necessary and thus simply getting the job done may be insufficient (Keller, 1969). Figure - 1 Goal setting is also important because neither the leader nor his or her subordinates are supposed to know what to do if no goal is set at all (Brenda Devis, 1988). Again, according to Adam’s Equity Theory, the extent of equity that an individual would observe in relation to a work situation would proportionally affect his or her job performance and satisfaction (Kinicki, 2009). However, management in the real world cannot be completely based on theo ries only. To get the job done, the leader must handle general management and show skills in operational systems. A manager uses management tools to manage people and resources, while the leader is supposed to use the same tools innovatively. This is beyond simply completing the job. The fundamental questions like â€Å"What is management?† and â€Å"What is business?† should be explored with support from practical experiences. Techniques and tools like networks of critical path, cash flow and inventory control add more dimensions to decision making (Payne, Chelsom and Reavill, 2004). In getting the job done, the leader must not remain in the constraints of that job only. He or she must understand business failure or success is primarily dependent on how diverse areas of function in management can be combined to deliver and produce value to the different stakeholders. Corporate strategy in the form of functional integration is imperative in orchestration with the compl ex and dynamic corporate environment (Johnson, Scholes and Whittington, 2005) Summary: The key concepts in relation to leadership and ‘getting the job done’ are discussed. Stress has been put on: 1. Workgroup functionality 2. Reinforcement Th

Criminology Compare and contrast two methods of policing Essay

Criminology Compare and contrast two methods of policing - Essay Example This essay is going to draw clear comparison between these two types of policing by giving out the major similarities and differences between the two. First, the essay will discuss the two policing strategies in order to give a clear understanding about each one of them, before highlighting the key differences and the similarities. Community policing is defined as the collaboration between the community and the police officers in identifying and controlling crimes and other forms of disorders in the society. It is also referred to as community-oriented policing in some countries. Under community policing, the role of the police officers is not only to apprehend the bad elements in the society, but rather remain committed in serving the public in all aspects. Police are required to develop ties with members of the public, an element that enables them to work closely with the people they are protecting. Community policing is said to comprise of two major components namely the community partnership and the element of problem solving. This means that police officers are expected to build good relationships with members of the public as one of the ways of making crime detection easy. This also ensures that the resources meant for providing security to the public are effectively utilized in giving the public their m ost fundamental right; right to security. There are numerous compelling reasons that have made the security departments of most countries to adopt this type of policing. Most of these reasons are grounded on the history of policing, various researches that have been conducted in the security departments, the changing characteristics of crime, the shifting nature of communities as well as the rampant growth of disorders. Crime has been on a regular change for the past few decades especially in the western countries, where by new

Compare and contrast two poems Essay Example | Topics and Well Written Essays - 750 words

Compare and contrast two poems - Essay Example pen rests; as snug as a gun.† (Bloom, 1986) Heaney begins his poem by describing the ‘pen’ which symbolizes the essential instrument for writers. Further the pen is compared to a gun. A gun represents power; so does the pen which enables expression of emotions and thoughts. It is said that the pen is mightier than the sword. A gun is associated with the idea of destruction and suffering. The media in the present world can either make you or break you which prove that the pen can annihilate like the gun, but, the pen can also elevate and one can soar to great heights. ‘Digging’ enhances the idea of the ‘self’ wherein the narrative voice is first person narration as portrayed in the line, â€Å"between my finger and my thumb’. (Bloom, 1986) Plath on the hand begins on a negative note that portrays doubt and depression, â€Å"You do not do, you do not do, Any more, black shoe, In which I have lived like a foot, For thirty years, poor and white, Barely daring to breathe or Achoo†. A total sense of anxiety and bereavement sets the mood and tone of the poem. Further the title ‘Daddy’ reveals the fact that Plath’s emotional stability was stunted and this has lead to her feeling like an abandoned child. Further, words such as ‘black shoe’, ‘Achoo’, exhibit the frightened mental state of the child thus portraying dependence on the father figure she wanted but could never have. Plath is seeking self-realization and control from the aftermath of her father’s death. (Jean, 1984) The similarity between Plath and Heaney is that in the second stanza the father figure is established and explored. As witnessed in Heaney â€Å"Under my window a clean rasping sound, When the spade sinks into gravelly ground: My father, digging. I look down† and in Plath â€Å"Daddy, I have had to kill you. You died before I had time--- Marble-heavy, a bag full of God, Ghastly statue with one grey toe Big as a Frisco seal† the contrast found here is that Heaney portrays

Team Creation Paper Research Example | Topics and Well Written Essays - 750 words

Team Creation - Research Paper Example The first step towards choosing people for a project is to consider their professional skills (Cummings & Worley, 2014). While one may pick people because of their technical talents, one does not necessarily require persons with the highest competence, but rather just the right people for the task. The good team members should be reliable, trustworthy, available, flexible, and those who can abide by the rules. An assignment breakdown sheet will assist a team manager to assign the right people to the right tasks. It can be achieved alongside a master plan on a work breakdown structure that includes all tasks arranged in a hierarchical diagram (Cummings & Worley, 2014). To start selecting a team, a project manager will have to assess the skills of all potential team members. A manager needs to establish how experienced a team member must be and how much experience they need to possess for them to fill a particular role. The first team-building strategy is to select a competent team leader and members. Once the selection process is over, the team must set goals. A majority of teams fail in particular because they lack goals; they want to accomplish something, but they lack specific goals (Kerzner, 2013). Secondly, a team must emphasize on communication because it is necessary for effective team-building. It is essential to communicate in every way: phone, in person, email, and through the web.   An effective leader knows when fast intervention is needed to solve a problem. Proper solving-making strategy can go a long way to helping a team to accomplish its tasks (Kerzner, 2013). A group leader must recognize the good work done by members. Every individual needs recognition in whatever they do. It is important for a leader to be conscious of cultural needs and concerns of every member.   All members of the team must be incorporated from their cultural point of view.   Conflict is any condition where there are

Commercialization Essay Example | Topics and Well Written Essays - 1750 words

Commercialization - Essay Example The accomplishment of various objectives and goals of the organization will be done through excellent commercialization techniques (Environment.fi, 2012). Commercialization includes technological services like linking of technological delivery and endorsements (Harzing & Noorderhaven, 2000; Cai, 2000). In order to commercialize new product development the technology used must match with the specifications and requirements (Santamaria & Ni, 2008). Commercialization of a new product allows the company to create differentiated products with and against the customer’s choices along with various values dimensions (Narotama, n.d.). To gain maximum value from the products and product developments services commercialization helps in gaining high return on investment from product development and also attain a market position relative to its competitors (Shirani, 2009). External Factors Responsible for Commercialization in the International Markets Cost: The cost of the raw materials an d labor is required for the manufacturing of a new product and whether these factors would turn out to be costly or cheap or huge determinants for the success of the new product development. Materials and technology: The availability of the raw materials and technology influence the product design. Customer Requirements: The customer tastes, preferences and requirements influence the product design. The changes in the product design are done accordingly to the customer wants and requirements. Culture: Culture plays an important role in the determination of the new product launch. The culture of a particular country plays an important role in determining the success of new product launch. Environment factors: While designing a new product, factors like whether the materials (Edgell, Ruf & Agarwal, n.d.) can be recycled or they are environment friendly or not are important determinants for new product development. Company Image and Identity: Perception of the brand image among the cus tomers plays an important role in the new product development process and the product design. Competitors: The impact of the brand image of the competitors needs to be considered while executing a new product development process. Government rules and regulations: The government rules and regulations play an important role in the development and commercialization of new product. Internal Factors Responsible for Commercialization Changing Market Dynamics: The standardization of the product design would be affected by changing market dynamics and would be established which would lead to an increase in the organizational outcome. Dominant Product Design: Dominant design would be defined as establishing a standard which would be inherent to the overall industry standards. Network Externalities: Network externalities would be existent only in those products where the perceived customer utility is available and the success of the product depends upon the taste of the existing customers and the easy availability of the complementary products (Morrello, 2013). Commercialization Models: A commercialization model is prerequisite for the companies

School Violence Essay Example for Free

School Violence Essay Introduction From the many reported and even more unreported events, school violence is seen as a subset of youth violence and a broader health problem. Factors that contribute to school violence are socioeconomic status, family, peers, and mental health. The best way to deal with school violence is to establish physical and social environments that prevent violence and promote safety within schools (Brener 81). There are many different forms of school violence. School violence could be seen as bullying, fighting, weapon use, shootings, stabbings, gang violence, and now growing cyber-bullying. Bullying tends to be the leading cause for school violence. Middle schools have the highest rate of bullying at 43 percent, and 22 percent of high schools have reported ongoing bullying problems in 2005-2006 (Statistics 2). Bullying not only has psychological effects on the victims, but it can affect the bully as well. Bullying can include the following: mocking, rumors, pushing, threats, exclusion, and being forced to do something one does not want to do. School violence occurs in and out of school. The most reported cases of school violence occur on school property. There were 46 percent of schools reporting 20 or more acts of violence on schools grounds. Other forms of school violence occur on the way to or from school and during school-sponsored events. Not only does school violence occur in these areas, but cyber-bullying has also been a big problem in schools lately. Students who are victims of cyber-bullying are more likely to become absent from school or even worse, can lead to several cases of suicide. Bullying Bullying is viewed as a pre-evolution to violence in schools and is common among students in grades six through ten. It is estimated that about ten percent of students are bullied at some point in their lives, six percent have both been bullied and bullied others and thirteen percent admit to SCHOOL VIOLENCE2 bullying others. Bullying is becoming a hot topic in education because of school violence and suicides. Bullying is defined as an act to humiliate another person who is perceived as weaker, or less capable than the bully. The act of humiliation can be anything from physical, verbal or emotional abuse, as well as sexual harassment, which has been categorized under bullying recently (Fried, 1996). The bully is usually a person of dominance over the one being bullied. In girls, dominance is achieved by social status and popularity. In boys, it is achieved by physical qualities such as size and strength. Types of Abuse Physical abuse and bullying includes anything from punching, stabbing, shooting, strangling, and suffocating to poking, hair pulling, and excessive tickling. physical abuse is more common between boys but there are still some girls who bully others using physical abuse. (Winkler, 2005). Violence and aggression among youth has increased a lot in the last twenty years and it begins with physical abuse. This rise in aggression is even more alarming with the higher availability of guns. Instead of using fists and hands more students are using guns and other weapons on both their victims and their bullies. Verbal abuse is the most common form of bullying and there are various forms of this abuse. Verbal abuse is used with an intention to harm another and cause pain, and is used to gain power over another person. (Fried, 1996). In addition, verbal abuse also leaves the victims feeling alone and exposed, and usually escalates, leading to physical consequences. Emotional abuse can reduce a child’s self-confidence to the point where they consider themselves unworthy of respect, friendship, love and protection. This is the most difficult type of abuse to define and diagnose. It can include rejecting, isolating, terrorizing, and corrupting. SCHOOL VIOLENCE3 Sexual abuse is the most complicated, the most difficult to document, and the hardest to address. â€Å"Sexual interactions involving children with peers or younger children are problematic if the relationship is coercive, exploitive, aggressive or threatens the physical or psychological well-being of either participant† (Fried, 1996). Sexual abuse needs two conditions to take place: Sexual activities involving a child and an abusive condition. There are two categories of sexual activities: noncontact and contact sexual abuse. Noncontact abuse includes exhibitionism, voyeurism, verbal sexual propositions or harassment. It can also include sexual notes or pictures, sexual graffiti, making suggestive or sexual gestures, pulling someone’s clothes off, and spreading sexual rumors (Fried, 1996). The conditions of noncontact sexual abuse is sexual activities that occur when there is mutuality, experimentation with sexual language and words in a non-demeaning way, situations when children have equal power and authority, and an absence of coercion or manipulation. Contact sexual abuse is when the other person has a large age or maturational advantage over the child, is in a position of authority, in a caretaking relationship with the child, or the activities are carried out against the child using either force or trickery. What Makes a Bully? Bullies are usually confident and have plenty of self-esteem. They have no difficulty in making friends, and these friends usually share pro-bullying attitudes and problem behaviors. Bullies tend to get in more trouble in school and do poorly in their academics. Often coming from homes where their parents provide little emotional support or involvement, where discipline styles tend to be either extremely permissive or excessively harsh leads to bullying behavior. â€Å"There is a strong relationship between bullying other students at a younger age and being involved in legal and criminal activities later on in life. About 60 percent of people that were surveyed who were SCHOOL VIOLENCE4 considered bullies in sixth through ninth grade had at least one criminal conviction by age 24† (Rimm, 2005). Victims of bullying tend to have social adjustment problems and are more likely to have low self-esteem and feel anxious and insecure. They rarely defend themselves, and male victims are usually physically weaker or smaller than their peers. The most common reason why kids were bullied was that they do not fit in. Children who are bullied may feel anxious, fearful, and have a hard time concentrating on schoolwork. Worrying about being harassed by their peers may also make them afraid to even go to school. â€Å"Researchers have found that adults who were bullied frequently as children had higher levels of depression and lower self-esteem than other adults† (Rimm, 2005). Those who are both bullied and bully others usually have the most serious behavioral and emotional problems. Social isolation, lack of success in school and behavioral problems combined make them a high-risk group. It is most likely that they were bullied first and then imitated the bullying behavior, although it is possible that they bullied first and others later retaliated. They exhibit social-emotional adjustment problems typical of bullies as well as victims which makes it unlikely that they will be resilient enough to adjust to a healthy lifestyle without effective intervention strategies. Middle School Violence Middle school is the period in schooling that comes between elementary and high school. The notion of middle school comes from G. Stanley Hall in 1904 that emphasized the need for an intermediate school. According to Hall, there was an adolescent age that requires its own in-between level of schooling. He defines the childhood period as gradually terminating at the end of the twelfth year, with the transition of adolescence beginning at that point (Coopock, 1974). SCHOOL VIOLENCE5 The background described above is essential in providing reasoning for the increase in violent acts as well as the nature of the violent acts. Middle school is where violent behaviors begin to fester. Just like the middle child in a family, they struggle to fit in. They are too old to fit in with the elementary students and they are not quite old enough to fit in with the high school students. They are battling with hormones associated with puberty and as mentioned above, are starting to develop physically, mentally, and emotionally, which leads to more aggression, sexual frustration and for some, the inability to cope with new social problems. Common Signs of Violence in Middle School Although there are some forms of violence in elementary school, middle school is where the more violent acts begin, where rampage shootings, sexual harassment and or sexual assault and bullying are the most common. Other forms of shootings, stabbings and fights are common throughout a child’s schooling, but as mentioned in the statistics there is a significant increase in the amounts and forms of violence that occur in middle schools. The numbers go from 34 percent which includes rare shootings, name calling, tattling, fighting, stabbing and bullying in the elementary level to 76 percent which more than doubled adding rampage shooting, sexual assault and sexual harassment to the list at the middle school level. Sexual harassment and or sexual assault can be perpetrating by students and administrators. For example, Cleveland’s Wiley Middle School teacher was sentenced to 153 years for sexually harassing and assaulting two middle school students. The effects of assault caused by personnel leaves a bigger scar on these children because the perpetrators are individuals who are supposed to be responsible for protecting the students. Instead, 31 year old Christopher Thomas of Eastlake used his cell phone to call and text inappropriate sayings of a sexual nature with two 14 year old girls from June 2008 until November 2009. One of the girls he sexually assaulted in her home and his cell SCHOOL VIOLENCE6  phone and computer contained nude photos of both girls. During his sentencing, the perpetrator cited that he knew what he was doing was wrong. (website, 2010). Middle High School Violence: Rampage Shootings Most other forms of violence have been described throughout this essay showing the different forms and most of the information provided mainly deals with the problems of urban schools. But contrary to belief, suburban schools encounter school violence of all forms and are particularly known for rampage shootings. Rampage shootings are different from other forms of school violence. For example, these shootings can take place on school campuses before an audience of fellow students; it can involve multiple victims who are often chosen at random and can be carried out by students or former students of the school where they occur. † (Hunnicutt, 2006). For example 14 year old, Michael Carneal of West Paducah, Kentucky, always wore black and was known by his class mates as a Satanist, he went to school on the morning of Dec. 1 1997 and pulled out a 22 caliber handgun and started firing into a praying group of students. He left 3 girls dead and 5 others wounded (Hunnicutt, 2006). Littleton, Colorado is home of the most famous rampage shooting recorded in high school history. The perpetrators were two students who attended Columbine High School, Klebold Dylan and Eric Harris. These two young men, dressed in camouflage, entered the building and began shooting at random. They killed 13 people before killing themselves. The Columbine High School shootings gave the world a picture of one type of violence that is within high schools. School Violence: Urban Suburban Schools Another factor that may influence the occurrence of violence in schools is the number of students that attend a particular high school. There is a large possibility that the relationship of having more students can directly lead to a form of competition and problems becoming more SCHOOL VIOLENCE7 intense. Compared to the 200,000 public elementary and secondary schools in 1940, there were only 65,000 schools in 2005. In those 65 years, the numbers of schools decreased while the U. S. population increased by 70 percent (Quindlen, 2001). A study done by Barker and Gump in 1964 on social functioning size and high school size, recognized that on average, students in smaller schools participate in extracurricular activities twice as much as students who are in larger schools. Another study concluded that smaller high schools sizes had more positive results than larger schools in academic performance, absenteeism, dropout rate, extracurricular activities, sense of community, student satisfaction, social behavior, dropout rate, and parental involvement, regardless of rural or urban settings. Now looking at numbers, â€Å"smaller high schools (enrollment size 400-600) experienced one-eighth the rate of serious crimes (four percent compared to 33 percent), one-tenth the rate of physical attacks with weapons (two percent to 20 percent), and one-third the rate of theft or larceny (18 percent to 68 percent) and vandalism (23 percent to 62 percent)† of that compared to larger high schools (enrollments above 600) (Devoe et al. , 2002). The rates of schools violence tend to mirror the behavior of the general population. Community violence in the inner cities is more of a problem than in rural areas, with rampage shootings being the exception. This helps partially prove that community violence has a direct influence on the children. Much research today suggests that violence is a learned behavior, so children acting out in violent or aggressive ways may have learned the violence from adults in their community. Early intervention may be the best way to prevent this type of behavior. Making the environment safe is the most important thing a community can do. Schools have adopted a zero tolerance policy against school violence which helps prevent violent acts of behavior. Conclusion SCHOOL VIOLENCE8 There are three recommendations from Dessel’s article that can be drawn to inform future practice in education and future research in public school settings. First, increased attention must be paid to the constructs of public school culture and climate. Second, changing school culture and climate specifically involves teacher education. Third, future research must improve and explore the barriers to implementing programs. As Zirkel and Cantor (2004) state, in 1954 people were not asking whether schools would welcome and nurture African American children and adapt the curriculum to be inclusive, but were only starting to open the doors. Today, the doors must not only swing wide open, but all children must be welcomed with acceptance, celebration of differences and acknowledgement of the contribution of diversity, for the benefit of everyone (Dessel, 2010). Bibliography Coopock, N. (1974). iddle Schools School leadership digest. In N. Coppock, Middle Schools School leadership digest (pp.1-42). Arlington: National Association of Elementary Principal. Fried, S. Fried, P. (1996). Bullies Victims. New York: M. Evans and Company, Inc. Hunnicutt, S. (2006). School Shootings. In S. Hunnicutt, School Shootings (pp. 1-102). San Diego : Thomas Gale. Kaiser, D. A. (2005). School Shootings, High School Size, and Neurobiological Considerations. Journal of Neurotherapy, 9(3), 101-115. doi:10. 1300/J184v09n03. 07 Logue, J. N. (2008, January). Violent Death in American Schools in the 21st Century: Reflections Following the 2006 Amish School Shootings. Journal of School Health. pp. 58-61. doi:10. 1111/j. 1746-1561. 2007. 00267. x. Mayer, M. J. , Leone, P. E. (2007). School Violence and Disruption Revisited: Equity and Safety in the School House. Focus on Exceptional Children, 40(1), 1-28. Rimm. S. (2005). Growing Up Too Fast: The Rimm Report on the Secret World of America’s Middle Schoolers. New York: Rodale, Inc. Stein, N. (2007). Bullying, Harassment and Violence Among Students. In , Radical Teacher (pp. 30-35). Radical Teacher. Website. (2010, November 17). 19ActionNews. Retrieved February 22, 2011, from E:\Teacher convicted of sex acts sentenced to 153-years in prison 19 Action NewsCleveland, OHBreaking News, Weather, Exclusives. mht: E:\Teacher convicted of sex acts sentenced to 153-years in prison 19 Action NewsCleveland, OHBreaking News, Weather, Exclusives. mht. Werle, G. D. (2006). Taking Steps to Promote Safer Schools. Journal of School Health, 76(4), 156-158. doi:10. 1111/j. 1746-1561. 2006. 00087. x Winkler, K. (2005). Bullying: How to Deal with Taunting, Teasing, and Tormenting. Berkley Heights: Enslow Publishers, Inc.