Friday, September 4, 2020

Planning, Execution and Control Capabilities in a Real

The Executive Summary Dubai, in the same way as other different nations inside the Middle East, is notable for oil creation. Oil, being the uncommon ware that it is, has empowered economies of nations where it is produce to bloom to desirous levels. Most nations in the Middle East like Qatar, Bahrain and Saudi Arabia have recorded colossal and huge developments in their economies because of the accessibility of the oil stores that they have.Advertising We will compose a custom proposition test on Planning, Execution and Control Capabilities in a Real-World Project †The Real Estate Projects in Dubai explicitly for you for just $16.05 $11/page Learn More The equivalent is valid with the United Arab Emirates. In any case, because of the developing worries of expansion, it has gotten important to put resources into different divisions of the economy too. It is against this background Dubai has put much infrastructural interests in the land (Pacione 2005, p. 259). As one of the seven emirates of the United Arab Emirates, Dubai has sliced a specialty to be one of the most attractive goals in the land. The land ventures are really becoming exceptionally quick in this emirate. Actually, it is accounted for that about 33% of the considerable number of cranes on the planet are engaged with building properties in Dubai. By chance, as indicated by the Interpol, the Emirate is positioned as probably the most secure spot to live in the entire world. This has made speculators hurry to the Emirate with different advancement ventures. Key, among the undertakings, incorporates the travel industry and land advancement. In any case, so as to understand the proficient execution of any land venture, sufficient arranging and control capacities must be set up. The principle point of this paper is to underscore different arranging, execution and control issues in a particular land venture in Dubai. The venture under examination obviously is the City of Arabia in Dubai (Pã ©rez, 2 007, p. 38). Presentation The city of Arabia is a multi billion dollar interest in the Dubai suburb at the core of Dubailand. It is anticipated to offer residency and homes to in excess of thirty 4,000 family units upon fruition. Moreover, it contains the world’s biggest Mall, the Mall of Arabia along with the Restless Planet, which is a globally realized dinosaur amusement park. This causes it to take on the situation of key goal inside the new Dubai. This depends on the eateries, shopping centers, facility, authoritative workplaces and schools that are contained inside the city (Cooper 2008, p. 103). The city of Arabia is significantly separated into four components which incorporate the Mall of Arabia, the Restless Planet, the Wadi Walk and the Elite Towers. Then again, the Wadi walk comprises of a water front network with open air bistros, classy lofts and appealing retail outlets while the tip top towers is a gathering of thirty four amazingly private and business condos (Bagaeen 2007, p. 183).Advertising Looking for proposition on venture the executives? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Upon fulfillment, the city of Arabia is wanted to have its own monorail framework for motivations behind diminishing the utilization of vehicles inside the city. Other significant arranging contemplations for the city incorporate thirty thousand, 800 occupants who will possess 8,000 200 private units. Furthermore, there will likewise be a catchment region that has an all out populace of 1.87 million individuals. Exploration Aim and Objectives The point of directing this examination is to decide the ramifications of undertaking arranging, execution, and control capacities on venture advancement and progress as indicated by spending plan, plan, asset the board, and recognize open doors for development for water treatment in the city of Dubai. With that in mind, the accompanying destinations effectively achiev e the point: To seriously distinguish and get the best organization to configuration, create, and introduce a water treatment framework clinging to the CPM diagram, quotes, and earned an incentive for the venture. To distinguish the ramifications of task achievement dependent on starting spending plan, timetable, difficulties and open doors for development, and fittingly oversees accessible assets. Theory H0 (Null speculation): The capacities of arranging, execution and control abilities of tasks have no suggestions on true venture achievement. H1 (elective theory): Project the board instruments when utilized by the have positive ramifications on the arranging, execution and control capacities of activities in a true task as indicated by venture spending plan, timetable, and asset the board. A one followed test will be utilized since an expansion in the estimation of the elective speculation will have suggestions on the exploration. Writing Review and Discussion The achievement of a ny significant endeavor relies upon the way where arranging and the execution of the arrangement is completed. Grand plans require very much set down techniques, satisfactory money and skillful groups of work force for their fulfillments. The arranging of the city of Arabia in Dubai introduced a great deal of arranging chances to various partners a large portion of whom were worldwide organizations who were contracted to accomplish the work. One such open door included the Aquateknik plan usage (Balakrishnan 2008, p. 77). Obviously, Aquateknik was the organization contracted to manage the water treatment providers of the city of Arabia. This organization was established back in the year 1987 and significantly manages the treatment of water. As a specialist in this industry, the organization is centered around structuring, advancement, establishment and the task of water treatment frameworks that are separately produced. They in this manner have immense information and encounters in this trade.Advertising We will compose a custom proposition test on Planning, Execution and Control Capabilities in a Real-World Project †The Real Estate Projects in Dubai explicitly for you for just $16.05 $11/page Learn More In the arranging and execution of the city of Arabia, the Aquateknik Company was contracted to assemble campgrounds, pools, carnivals, lodgings and water parks inside the city. Different regions where their center was required were the aquariums, zoological nurseries and creature parks. Also the administrations of rewarding the modern water, building common lakes, waterways and trench framework were solidly under them. Additionally, the organization was likewise contracted to construct wellsprings, water workmanship and mirror bowls. It is apparent from the above extent of work that tremendous asset and labor designation was required for the achievement of the activities. Be that as it may, of more noteworthy significance was anticipating the best and use ful methods for dealing with all these (Ramos 2010, p. 124). Despite the fact that the consultancy and development of various parts of the undertakings won't be a simple errand, the Wadi Walk region as an Arabian Venice presents an impressive test. This is on the grounds that it will require the development of a trench that coasts tenderly all through the city of Arabia. Considering the way that the flow flexibly of water to the neighborhoods is reliant on the taxicabs, there is bound to be a great deal of restriction from the taxi administrators who may decipher this as being tossed bankrupt. This is commensurate to produce genuine and real arranging difficulties for the organization. Notwithstanding, the taxi administrators ought to be guaranteed of elective wellsprings of occupations once the task is set up (Oxford Business Group 2008, p. 373). Proposals Based on the enormous work portfolio that will be associated with the arranging, structure and improvement of the city of Arabi a, it is energetically suggested that solitary organizations with enough validity and capacity of conveyance on the plans ought to be contracted. This can be accomplished by letting numerous organizations to various territories of activity as opposed to leaving the entire work to a solitary contractual worker. Through this, high competency and great nature of work will be accomplished because of the sufficient division of work and skill. Nonetheless, in particular, the diverse contracted organizations must share their structure designs so as not to cover crafted by others or leave work holes fully expecting taking care of by an alternate organization. End The city of Arabia has introduced a perfect arranging chance to the structure and improvement firms of the world. They will grandstand their gifts and abilities for the equivalent in achieving the best of standard. Critical, nonetheless, will be the definition and adherence to trustworthy arranging instruments and strategies.Advert ising Searching for proposition on venture the board? We should check whether we can support you! Get your first paper with 15% OFF Find out More References Bagaeen, S 2007, ‘Brand Dubai: The Instant City; or the Instantly Recognizable City’, International Planning Studies, vol. 12, no. 2 , pp. 173-197. Balakrishnan, MS 2008, ‘Dubai †a star in the east: A contextual analysis in key goal branding’, Journal of Place Management and Development, vol 1 no. 1, pp. 62 †91. Cooper, P 2008, Opportunity Dubai: Making a Fortune in the Middle East, Harriman House Limited, Petersfield. Oxford Business Group 2008, The Report: Dubai 2008, Oxford Business Group, London. Pacione, M 2005, ‘Industrial strong waste removal in Dubai, UAE: An investigation in financial geography’, Cities, vol. 22, no. 3 , pp. 255â€265. Pã ©rez, L 2007, United Arab Emirates: 2007 Article IV Consultation †Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates, International Monetary Fund, Washington, D.C .. Ramos, SJ 2010, Dubai Amplified: The Engineering of a Port Geography, Ashgate Publishing, Ltd, Burlington. This p

Tuesday, August 25, 2020

Thesongs of Fatherhood by William Wallis Essay Example | Topics and Well Written Essays - 250 words

Thesongs of Fatherhood by William Wallis - Essay Example The child’s network praises its introduction to the world. The youngster accepts the principal breath when its head appears at affirm it is alive. The youngster sees the distinction of the outer condition with that inside the belly and, subsequently squirms (Wallis 1). The subsequent sonnet So, Little Rabbit represents the youth stage in the father’s life. The artist analyzes youth lively stage to that of a rabbit’s. The youngster is uninformed of the existence occasions that anticipate him in adulthood (Wallis 1). His interest, naivety, and liveliness will evaporate in light of the fact that soon he will be unreasonably old for that. The third sonnet Awaken represents the youth stage. The teenagers create sentiments of exceptional love for individuals from other gender. The youth honesty evaporates now and the youth stories lose sense. The youths additionally look for consideration from peers. The fourth sonnet Fly Free By Day, Swim Deep By Night demonstrates the occupied and including adulthood life. The grown-up returns to the stages missed during improvement. He is continually moving to work at far off spots abandoning a troubled family pitiful due to his takeoff. The fifth sonnet Eternal Laughter incidentally represents the horrifying demise that ends life. His son’s love for him goes to distress (Wallis 1). In any case, his child figures out how to live without him. The way that he additionally will one day bite the dust comforts him. His father’s picture remains the main wellspring of recognition for his dad. Wallis, William. The Songs of Fatherhood. first Premiere ed. Seattle, Washington: University of Presbyterian Church, 2012. Gotten to on sixteenth, May 2015

Saturday, August 22, 2020

Managing Classroom Behavior :: essays research papers

Overseeing Classroom Behavior      Managing study hall conduct can be a troublesome assignment, particularly on the off chance that you have a kid who is continually causing aggravations. When you have distinguished that there is an issue, you ought to pose yourself six straightforward inquiries. The first question asked is whether the issue is a consequence of improper educational program or educating procedures. As instructors we tend to ignore the way that what and how we educate can contribute straightforwardly to our understudies social issues. Also, ask yourself "What do I request and forbid - and what ought to I?" Teachers think that its simpler to determine what they won't endure than to indicate the conduct they request. The third inquiry to pose is "Why do certain practices trouble me, and what should I do about them?" As an instructor you need to choose if this is a distinction in culture or childhood and why it troubles you, is it improper, is the conduct upsetting different kids? There are numerous interesting points when a youngster is misbehaving. As the instructor, it is your obligation to fathom these unsettling influences, on the off chance that they are close to home, you may take a stab at disregarding them, conversing with them, or in any event, living with the issue. The fourth inquiry you have to pose to your self is if this conduct is formatively huge. Despite the fact that there are different kinds of formatively critical practices, most will fall into four essential classes: scholarly disappointment, hostility, sadness, and issues with peers. The fifth inquiry to pose is, "Should I focus on a conduct overabundance or deficiency?" A social abundance is something you for the most part need the kid to quit doing.

The Traits of Heathclif in Wuthering Heights Essay -- essays research

In Emily Brontã «'s book, Wuthering Heights, we, the peruser, are acquainted with a gathering of intriguing characters. The antiheroic primary character, Heathcliff, is an unpredictable character with many distinctive attributes. Heathcliff follows up on his sentiments and makes a serious notoriety for himself. Heathcliff is brimming with retribution, in any case, he is cherishing. Heathcliff's retribution is appeared and demonstrated all through the book. Indeed, even as a kid Heathcliff would make statements, for example, I'm attempting to settle how I will take care of. I couldn't care less to what extent I pause, on the off chance that I can just do it, finally. I trust he won't bite the dust before I do?No, God won?t have the fulfillment that I shall?I just wish I knew the most ideal way! Leave me be, and I?ll plan it out: while I?m thinking?? (Brontã « 55-56) This, as we, the peruser, later observe happen. In the wake of being dismissed by the adoration for his life, Catherine, Heathcliff must choose the option to discover another accomplice. Heathcliff isn't frantic at Catherine for wedding another person, yet rather her thought process why. Catherine reveals to Nelly Dean, the servant, that it is despicable to herself if she somehow managed to wed Heathcliff. Catherine says it would be disgraceful in light of the fact that Heathcliff is more neediness stricken and denied of numerous this she needs. (Brontã « 75) Heathcliff pursues away hearing this, just to return months after the fact more respectable man like. Catherine?s sister-in-law, Isabella, begins to look all starry eyed at Heathcliff after his arrival and Heathcliff understands this. Heathcliff is an entrepreneur, so he weds Isabella purposefully, realizing Catherine would get envious. This is the one of the main most noteworthy case of vengeance. A second case of how Heathcliff looked for vengeance on others, has to do with his stepbrother, Hindley. Heathcliff wan... ...particle of tears. ?Come in! Come ready!? he wailed. ?Cathy, do come in. Gracious,- - again! Goodness! my heart?s sweetheart, hear me this time- - Catherine, finally.?? (Brontã « 25) Although, Heathcliff has a child, was hitched, and twenty years have gone after her demise Heathcliff is as yet energetic about his adoration for Catherine. This shows Heathcliff is genuinely cherishing in light of the fact that much following twenty years, he is still consistent with Catherine and still needs an opportunity to give her his earnest love for her. Despite the fact that Heathcliff has his negative sides which outwitted him frequently, he was likewise extremely committed and mindful. The various parts of Heathcliff make his a really one of a kind, complex, and intriguing character. Heathcliff?s opposing characteristics make him an individual who?s merits an opportunity to take a gander at. The two sides of Heathcliff are appeared all through the book, and make him what his identity is.

Friday, August 21, 2020

Analysing Management As An Art And A Science Philosophy Essay

Breaking down Management As An Art And A Science Philosophy Essay Talk about this announcement corresponding to whether the board could be depicted as a calling. Is the board portrayed as a workmanship ,as a science or both? So as to examine the idea of Management, it would be valuable right off the bat to characterize it. As indicated by Drucker Management is about people. Its errand is to make individuals equipped for joint execution, to make their qualities successful and their shortcomings unessential. This is the thing that association is about, and this is the motivation behind why the board is the basic, deciding component (Drucker,2001, pp.10). These days, for all intents and purposes everybody works for an oversaw establishment, huge or not, business or not. Our living really relies upon the executives. The capacity we need to add to society, relies right off the bat upon the way, the organization we work for, is overseen and besides on our own capacities, dedication and exertion. Throughout recent years, there has been an incredible discu ssion on whether the executives can be portrayed as a science or as a workmanship. Probably the most significant creators that attempted to look at if the executives is a workmanship or a science are Lester et al. (1998), Watkins (1993),Bohn (1994), Calkins (1959), Schiemann and Lingle (1997), and Weick (1996). This article centers around the examinations that have been led on the idea of the executives, and its motivation is to uncover if the executives is a workmanship, a science, or a mix of them, according to whether the board could be depicted as a calling. We will attempt to answer that, by talking about the inadequacy of the specialized way to deal with proficient information for managing certifiable circumstances, yet before that it is fascinating to analyze the development of administrative talk since 1870. As indicated by Barley and Kunda ( 1992) despite the fact that genuine hypothetical and political contrasts existed, researchers have converged on a typical hypothesis of how American administrative idea has advanced. During the primary stage, which ended in the late 1800s, administrative talk looked to genuine coercive shopfloor rehearses ( Nelson, 1975). This stage was described by damaging control and dangers of viciousness. By the turn of the century, early types of large scale manufacturing and a twist of corporate consolidating had arranged the ground for a subsequent stage, during which utilitarian talking points turned out to be progressively mainstream (Wren, 1972). Achieving crafted by Frederick Taylor, sane hypotheses of the executives vanquished administrative talk by World War I(Bendix, 1956). The labor was presently expected to be all the more viably constrained by shaping creation forms and by drawing in the laborers personal responsibility. As indicated by Bendix (195 6) the Depression is broadly held to stamp the start of the third stage. As the clerical work power was increasing more force, administrative talk started to accentuate regularizing control : the possibility that supervisors could all the more successfully direct laborers by going to not exclusively to their conduct however to their musings and feelings. (Grain ,Kunda, 1992,pp.364 ) They accepted that by moving toward both the brain and the core of the laborers , the executives could arrive at the most unobtrusive kind of control: moral position. The progression of Managerial Ideologies since 1870 Philosophy Period of rising Tenor Modern Betterment 1870-1900 Standardizing Logical Management 1900-1923 Reason Government assistance private enterprise/Human relations 1923-1955 Standardizing Frameworks realism 1955-1980 Objective Hierarchical Culture 1980-present Standardizing (Barley,Kunda,1992, pp.364) Science and workmanship are altogether different in nature. As per Gao (2008) workmanship is seen as: the utilization of creative mind to decipher sentiments and thoughts, especially in painting, drawing figure, or the aptitude of making items, for example, compositions or drawings, particularly when considering craftsmanship. As a general rule, craftsmanship has nothing to do with objectivity. It identifies with aggregate, generally, singular subjectivity. So can the board truly be the very direct opposite of the utilization of a group of thorough expert information? As indicated by Spender ( 2006) numerous scholars, as Mintzberg (1976), point to the executives as a fine art. In spite of the fact that administration obviously has innovative and masterful angles, this isn't generally the point .The point here is to differentiate judicious method of dynamic against instinctive creation. to infer that it may be increasingly helpful to consider business authority as some different optio n from chilly, target thinking (Mintzberg, 1976). This is the reason, as per Richardson (2008 ) chiefs need to examine theory. Over and again, directors must have the option to choose which information they need so as to settle on a choice, to decipher this hypothesis and even pick what its motivation truly is. This isn't sudden, on the off chance that you think about that numerous scholastic books on the subject frequently come up short on any pragmatic recommendations. Theory is an examination that motivates individual decision, and in the executives decisions flourish. Along these lines, viable chiefs should know when a choice must be founded on guideline and when it ought to be made intelligently , relying upon each case. As indicated by Drucker (1998) chiefs need sway as opposed to method, and they like to be sound instead of smart; they realize the trickiest part is to pick between the privilege and an inappropriate trade off , and they have figured out how to differentiate from each other. At any rate, in the board, the most tedious piece of the procedure isn't taking the choice, yet making it powerful, and this is the point at which the capacity to oversee through brokenness, to have the option to distinguish changes yet additionally to perceive designs and have the option to concentrate on those things that don't change, is needed.(Mintzberg, 2004) The executives as a workmanship is an astounding yet regular articulation of human conduct (Peroff,1999). As per Bolman and Deal( 1997), administrators are the two craftsmen and pioneers who can create outstanding arrangements and new thoughts regarding their associations needs. They acclimate to individuals and occasions around them and figure out how to anticipate the turbulent whirls and turns of administrative life. Imaginativeness in the executives is neither careful nor exact. Specialists decipher understanding and express it in structures that can be felt, comprehended, and increased in value by others. Craftsmanship takes into account feeling, nuance, uncertainty . A craftsman reframes the world with the goal that others can see new possibilities(Boleman and Deal, 1997, pp. 17). To summarize, a noteworthy gathering of individuals consider the executives a workmanship. As a general rule, the executives characters, as Microsofts William Gates and GEs Jack Welch, and their top-down administrative system, have improved this thought (Nonaka and Takeuchi, 1995 ). Gao (2008) contends that the reasons are not just on the grounds that these individuals have upheld or have gone super about close to home instinct and other individual nonsensical factors, for example, feeling and instinct in dynamic and the executives, yet additionally on the grounds that no administration hypothesis or approach can guarantee effective pragmatic achievement of a social or monetary association practically speaking. Along these lines, as we previously referenced, powerful administration can be considered as a craftsmanship the specialty of completing things through individuals. Considering the board a workmanship is perhaps increasingly profitable, in light of the fact that it recognizes the board as something other than a lot of unambiguous methods. The executives as workmanship suggests imaginativeness instead of congruity, practice as opposed to negligible remedy, astuteness as opposed to minor information. ( Evered, Selman, 2001 , pp.17 ) Science, then again, despite the fact that there is no regularly concurred definition for it, is seen as information about the conduct and structure of the world, in light of realities. Nonetheless, as indicated by Gao (2008), despite the fact that there is no body with the power to characterize science, and there are different conversations about its definition, its inclination and its thought process in reasoning of science, everyone concurs that science depends on sound suspicion and exploratory direction. . Science is the sorted out , methodical undertaking that assembles information about the world and gathers the information into testable laws and principles(Wilson, 1998,pp. 53). Polany recommended that post basic way of thinking underlines the imaginative abstract part of researchers during the time spent making information, yet significant aggregate subjectivity, objectivity, soundness and rationale are essential in science (Polany, 1958). As indicated by Wilson(1998b) science includes the extension of tactile limit by instruments , the order of information, and the investigation of information guided by hypothesis. Science , is exceptional . With the guide of science , we can imagine matter across 37 sets of extent, from the biggest galactic group to the littlest known particle.(Wilson, 1998a, pp.47) As long as science is utilized appropriately it very well may be extremely valuable for everybodys regular day to day existence. The executives as a science was initially portrayed by Frederick Taylor (1911) and Gulick (1937). Logical Management thought about workers as instruments for the accomplishment of hierarchical objectives. Frederick W. Taylor accepted that with the assistance of time and movement contemplates he could discover the most ideal route for the achievement of an errand and that laborers ought to be extremely satisfied that were forced to do unequivocally what they were told. The requirements of the association were isolated from the necessities of the person. In Peter Druckers ( 1998) words, Frederick W. Taylor was the main man in written history who considered work meriting deliberate perception and study; on Taylors logical administration rests, most importantly, the huge flood of fortune in the last seventy-five years which has lifted the working masses in the created nations well over any level recorded previously, in any event, for the wealthy. Frederic W. Taylor, however, set the prin ciple establishment, be that as it may, very little has been added to them since despite the fact that Taylor has been dead for more than sixty years. Another significant school of accepting administration as a science co

Friday, August 7, 2020

The Basics of Money Management

The Basics of Money Management Do we really know where our money goes? And even worse, do we know how to stop it from slipping out of our hands?There are countless situations where we stopped to buy something we dont even need, got out for dinner when we could have made it at home, purchasing clothes that are not currently unnecessary, etc. Stop for a moment and think.It is basic human nature to spend money on items that keep us satisfied and fulfill our wishes, despite the state of our budget. This is what stands behind the idea of money management techniques.They are being developed to decrease the amount of individuals, companies or institutions spend on products with no significant value to their living standards and assets.Since the educational system failed at teaching us most of the life skills, we have to do it ourselves. And handling money is definitely an important one in the modern world we live in today.This article was inspired by a need for such knowledge.Keep reading to learn more about the basics o f money management and get some useful tips to keep track of your finances. Source: caryacalgary.ca/THE BASICS OF MONEY MANAGEMENTMoney management is a useful process of expense tracking, budgeting, investing and evaluating taxes of ones money. It is also known as investment management.It helps in overseeing the capital usage of individuals or bigger groups. These strategic techniques are used for saving and making money yield the highest interest output value for every amount spent.Money management involves services and solutions within the entire investment industry.In the market, there are plenty of applications and resources that allow consumers to individually manage almost all aspects of their own finances.As investors increase the net worth, they have to look for the services of financial advisors for more professional money management.These experts are commonly associated with brokerage services and private banking, and they offer support for complete money management plans which may involve retirement, estate planning and similar.Money management is a central feature of the investment industry. Investment company money management can offer consumers investment fund options that cover all investable asset classes in a financial market.Since the financial technology market is growing fast, personal finance apps are created to help consumers with almost every aspect of their finances.It deals with risks consumers must take in uncertain situations, more precisely what part of their wealth should be put into the risk to get the best results. Also, money management could give advice for gambling or stock trading.Basically, money management helps us gain better control over income and expenses, both in business and personal perspective.This is achieved by analyzing costs and income and establishing budgets.In stock trading, money management is an important part of the success of a trading system.In combination with an efficient market strategy, it will enable the trader to make money over the long term.A successful trader takes risks knowing that it’s not about entering a trade since managing is much more important.An important reason for having a proper money management technique is to be sure you can remain in the market long enough to make a profit.What many people fail to understand is the psychology of trading.This is often the hardest part to control even for experienced traders.Correct money management techniques can help us distance our emotions, but we will still have available capital for future trading opportunities.HOW TO MANAGE MONEY BETTERSince being good with money is not only about being able to pay the bills, some good financial skills are required. It is very important how you spend your money since that impacts the debt you end up carrying.Its not complex math; actually, all you need is basic addition and subtraction.When it comes to purchasing decisions, you cant just assume that you can afford something; be sure that those funds are not intended for another expense already.According to yo ur budget and the balance in your savings account, determine that you can afford the purchase. Also, consider all the bills and expenses that must be paid.Having enough money doesnt always mean it should be spent.But you should know that it will take some time to get used to putting off purchases and plan ahead.Being good with money takes time and practice.In the text below, we picked some habits you can add to your everyday life to make money management easier.Beneficial HabitsLets start with making a budget. Not having (or not wanting to have) budget determined is a common mistake when it comes to finances.Sometimes, listing out all expenses might seem a little boring but it is definitely worth it, especially for those who are bad with handling money.The process of creating a budget is short so the focus should be on the results.This list should be close to you all the time to guide you while purchasing. It should be updated with each bill paid or money spent.Also, consider making plans on how to spend the money left after paying all the necessary expenses. Some amount can be left for entertainment, but not whole. Make a reasonable limit.Obviously, the next step would be tracking spending. Write down all the places you’ve been spending money at, and at the end of the month summarize the costs to see where you were overspending.There are some useful apps to help you track it better. Find the one that suits you best here.Along with delaying some purchases, try to look for the lowest prices whenever you spend your money.Discounts, coupons and cheaper options will help saving up for more important purchases.Think twice before buying and evaluate whether the purchase is necessary.And if you simply cant avoid using a credit card, then set a limit. It is certainly your worst enemy if youre bad with money.Most people, when they run out of cash, just take a credit card not considering whether they can afford the purchase and still have for necessary items. Learn to control yourself.And perhaps the most useful habit to add to your daily routine is adding to savings regularly.Moving small amounts of money to a savings account often can help you develop better financial skills.That way, you don’t have to worry about spending too much.And remember that this takes some time to get used to, so don’t expect to become an expert overnight.For more advice on how to manage your money better, watch this video: BEGINNER’S GUIDE TO MANAGING MONEYTaking some time to manage money can really help to stay on top of the bills, and still save thousands of dollars each year.These extra savings can be used to pay off debts you may have or spend them on some items from your wishlist.We have already mentioned some helpful tips on how to save money by tracking spending and keeping the budget updated.Now, well explain it in detail to make it even simpler.Read the steps below.Setting Up a BudgetAs already mentioned, the best way to control your finances is by mak ing a budget.There are plenty of reasons why and here are just some of them:You will be able to see where you overspendIt is more likely that youll have a good credit ratingYou probably wont end up in debt or get caught out by the unexpected costIt will be easier to save up for a holiday or anything you’ve always wanted.When you get started, you will first have to think about how much you spend on household bills and living costs, financial products like insurance, traveling, friends, leisure, etc.Get as much information as possible for all of these and write them down.You can make your own budget planner, or use one of the internet planners since there are plenty of them.TrackingKeep writing whenever you spend money or use one of the apps we discussed before.This will show you where you are spending more than you should and where you can cut back.Then you’ll know if you should get rid of some unnecessary and unimportant costs (maybe cancel some club membership). Update this dia ry regularly.As much as it seems weird, your family can help a lot too. If they get involved in making a budget, they might often remind you of some unusual costs or bills that have to be paid.It is much easier when the whole family sticks to one plan. Track how much money is available each month and agree between you how it will be shared.Also, try to cut household bills a little since they make up a huge chunk of our spending.Save hundreds of dollars by shopping around for a new mortgage, or even better â€" reviewing the one you have already.Be a Conscious ConsumerWhenever you go to the grocery store you should have a list of all the items you are looking for.Plan forward.Maybe you have some coupons lying under the bed totally forgotten.Examine the prices before buying to make sure youre paying the best price. It is just a few cents of difference, but if you count all the times you overspent it makes a huge difference.Paying Off LoansThere is a useful tip on paying off loans and i t says: pay off first the debt which charges the highest rate of interest.This includes credit cards, store cards and personal loans from the bank.The last one charges a lower rate of interest than the others, while store cards have the highest rates.Try not to break the terms of your agreements. Pay at least the minimum on any credit card, and monthly required payments on any loan agreements.You can also seek advice from a free debt advice charity if youre behind with debts such as rent, mortgage, energy bills, council tax, etc.Set Goals, Think Like an InvestorMake an emergency fund by paying small amounts into a savings account every month.Once youve done that, you are ready to take a holiday, buy a new car and even have some extra money for unexpected urgent situations.There is no need to worry about the bills waiting for you home anymore.As savings start growing, you could make an investment plan based on your goals or even put more money into a pension. That way you will be abl e to feel more comfortable with your finances.Everything is easier with determined goals so set a savings goal.When speaking of goals, commitment is everything. Anything can’t be done half-way. Be consistent and stay on course.TOP MONEY MANAGERSIt is very common for people to not have a deep understanding of money management and investing, or not have it at all.This is why when institutions (or individuals) invest money, they mostly seek the help of an  asset management company to take control of the investments and make money for everyone who is involved.These companies offer retail and institutional investment management funds or services which cover all investment asset classes in the industry.After investing collected funds from clients, they work through different investments including bonds, real estate, stocks, limited partnerships, etc.They are referred to as money management firms or simply money managers.The list below presents the top 5 international money managers by a ssets under management in 2019.Fidelity InvestmentsFidelity Management and research firm was found by Edward Johnson in 1946. With more than 24 million clients and $6.9 trillion in total assets in August of 2018, it is one of the leading companies of today. They offer 386 mutual funds including domestic equity, foreign equity, sector-specific, fixed-income, index, money market, and asset allocation funds.Black RockBlack Rock Inc. was launched by the Black Rock Group in 1988, and it was rapidly growing to reach $6.32 trillion in AUM by October of 2018. That makes Black Rock the largest global investment management company with nearly 12 000 employees across 30 countries. Black Rock’s ETF division named iShares has $1.6 trillion in AUM (which amounts to 27% of the group’s total assets).The Vanguard GroupWith more than 20 million clients across 170 countries, The Vanguard Group is definitely one of the most popular investment management companies. It was found in 1975 by John Bogle , in Valley Forge, Pennsylvania. In October 2018, their total assets were over $5 trillion, with 388 funds.Pacific Investment Management Company LLCPacific Investment Management Company (PIMCO) was found in 1971 by Bill Gross, in Newport Beach, California. Since its launch, PIMCO has grown his assets to $1.7 trillion as of October 2018. It is one of the leading money management companies with over 100 funds and 775 investment professionals.Investco Ltd.Investco is a global company headquartered in Atlanta, with regional offices in 25 countries. They have been offering their services since the 1940s. In August of 2018, the company had $987 billion in AUM across 100 fund products. Despite some decline in AUM from 2017, Investco remains one of the worlds best asset management companies.MistakesAlong with every step in money management, there are mistakes we should be aware of.They are common among people of all income levels and decrease the ability to manage finances or save on long t erms.Here are some mistakes you might be making or things youve been missing all the time.Not Having an Idea Where the Money GoesMany people, when being asked how much they spend, list a few bills and expenses that first come to their mind.Just later they realize how rich they would be if those were the only ones. Most of us dont really know where does all the money go.We are almost regularly surprised by an empty wallet or bank account.But we never really considered saving or at least remembering where did that money go. It is easy to slip from our minds how fast it disappears when being spent regularly on daily products (such as food or cosmetics).There is so much you can do about this. You know the saying â€" You can’t manage what you don’t measure. Here, we’ve already offered numerous solutions for this one so go ahead and work on it.Forgetting Irregular ExpensesHolidays and vacations are surely one of the largest sources of credit card debt, and those we often forget with ease. Its better to turn them into monthly expenses by dividing the amount you usually spend every year by 12.Then you can set that money aside each month and be sure you’ll have enough when you need it. It doesn’t seem like much but it will save you from paying high interest on credit card debt.Getting a Big Tax RefundIf this happens to you, you might be having too much tax withheld from the paychecks. This is not the most efficient way to save, even if it’s better than nothing.You are losing the ability to earn something on that interest-free loan and also might lose access to your money in case of an emergency. Be sure to have some extra money set aside in this case.Even if its forced saving, it is still better than nothing.Paying a Little Extra on Your Credit Card DebtEven if it is better than not paying your bill in full, it is still not the best option you have.The debt can be paid off faster by putting extra money towards the debt with the highest interest rate and the n making just the minimum payments on the rest.When one balance is paid off, you can put those payments for a remaining card with the highest rate until you become debt-free.Thinking that Borrowing from Home Equity is WrongThere is some truth in this but lets leave it for another time. You are putting your home on the line so this is definitely not a great idea if there is a good chance you wont be able to make the payments.However, refinancing high-interest credit card debt with a home equity loan makes sense because your interest rate could be much lower.Saving Everything Left at the End of the MonthMostly, there will be nothing left to save if you get used to this method. It is better to have savings automatically set aside instead, so you don’t have a chance to spend it.The best way to do this is in the employers retirement plan because it is deducted right out of your paycheck.You can use this for medical expenses as well. Also, try having money automatically transferred from checking account to savings account.Setting Aside Minimum for Your Employer’s Retirement PlanIt is important to know how much to save for your retirement as much as it is important to save for the vacations.Contributing just enough to get it is good for beginners but perhaps it wont be enough.To understand how much you need, take a look at the expenses and think about how each one of them could change in retirement to create a retirement budget. Use a retirement calculator to see how much you have to save.The Right TimingMoney is necessary to live well in the society of today, but we dont need a lot to stay successful and independent. All we need is to learn on time how to manage it.The good financial sense is an important part of money management. But it takes some time and effort.As you progress in your career, it becomes more and more important to understand how to wisely invest your money. Being a good manager will allow you to accumulate savings and give you security.You wil l have resources to deal with unexpected expenses.Sometimes, not being able to pay the bills and costs on time or being broke now and then can lead to higher stress level and serious health problems. This includes migraines, insomnia, and cardiovascular disease.Learn how to manage your finances to relieve the pressure and become able to enjoy your life in full. Proper money management can bring a feeling of peace and calm your mind.It is important to learn all sides of money management from a young age.Teaching children about finance will help them be better with money later in life and also save them from huge amounts of stress and health problems.When is the best time to learn about money management?Although it’s wise to teach them these skills from a young age, it’s even better to start just before they reach high school.Children then begin to have their own financial responsibilities and some of them even get a part-time job.Parents also play a big role in shaping their chil dren’s financial habits and they should be aware of it.They should give them the responsibility, set the right example and help them manage their first wage.Student financial wellness has become a hot topic in higher education.Education on student loans and repayment will make students more aware of what they owe and their options for successfully paying it back.Financial literacy education on topics such as budgeting, credit scores, and debt management will help students manage their money better, making them likely to be able to afford those loan payments.CONCLUSIONWhether youre striving to become a successful entrepreneur or you have something else on your mind, its important to manage your resources.One of the most important resources you need to learn to manage is money.Having numbers involved doesnt make it any easier. General economic education is a valuable asset these days so get familiar with the terminology and the ways that you can spend and save money.One of the main differences between being rich and wealthy is the amount of money you manage to save as opposed to the amount of money you spend. Even if youre spiritual and youre not that into materialism, your time and energy are precious to you and if you dont manage your money accordingly, you will lose both money and energy to compensate for the loss of income.Having said that, go through this text one more time just to make sure you got it all right.

Tuesday, June 23, 2020

Should You Retake the GMAT Exam

There’s no yes or no answer here, but I will give you some points to consider that will help make your decision easier. The case for retaking the GMAT Retake the GMAT if†¦ You have other weaknesses in your profile and you feel a high GMAT score will help you compensate for them. A great GMAT score won’t get you into an MBA program, but it can help make up for other things that may be lacking, such as a less-than-stellar GPA. Your GMAT score is very much in your control and is an important screening instrument. You have the time to prepare, study hard, and change the outcome. The more time you have to devote to preparing and studying for the GMAT, the better your score will likely be. Studying for the GMAT in the midst of undergrad studies and doing the â€Å"extras† like volunteering that b-schools look for, may not be the best idea. Take a class, prepare rigorously, and establish a study schedule. Follow this schedule religiously to increase your familiarity with the test. You are a reapplicant who has received feedback that suggests you need to boost your GMAT score. In order to make this reapplication your last, you have to show improvement over your previous app. Retaking the GMAT and receiving a higher score will accomplish that. You blame you’re not-so-brilliant score on a bad day and know that if you retake the GMAT you’d have a meaningfully higher score. Were you not feeling well or had a poor night’s sleep prior to the GMAT? Students taking the exam for the first time may have a lower score due to nerves or unfamiliarity with the testing environment. Your comfort level will probably be higher the second or third time around, which can improve your score. The case for NOT retaking the GMAT Don’t retake the GMAT if†¦ You proudly overshot the 80-80 hurdle. If your scores in total and in the individual sections of the GMAT are well above the average scores for the schools you are aiming for, then you don’t need to retake the GMAT. (If it’s the elite schools, you ideally should have close to or above the 80th percentile on both verbal and quant.) Schools use the GMAT as a screening tool. One thing they want to be sure about is your ability to handle the academic program. With these high scores, you have demonstrated this. Use your time and effort working on the other areas of your application. You’ve already taken the GMAT 3+ times (think about the law of diminishing returns). Most b-schools are happy to see a student take the GMAT two or three times, especially if your score increases each time. However, taking it more than that may serve as a red flag to the schools and show a lack of judgement or an obsessive preoccupation with the exam. You are aiming too high and know deep down that you should probably just apply to b-schools with lower average GMAT scores. If your GMAT is high enough for schools that you would be happy to attend, then you don’t need to retake it. The required GMAT scores for the top 10 programs are going up. If you can’t compete with these scores and are not from a distinctive background or demographic, it is not in your best interest to retake the GMAT. Look again at the schools that don’t require such high GMAT scores. Finding one with the right fit will ensure a successful MBA experience. Not sure if your stats and the rest of your application will get you into the best b-school for you? Check out our MBA Admissions Consulting Services and learn how your personal advisor can help you get ACCEPTED. ; For 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more.  Want an MBA admissions expert  to help you get Accepted? Click here to get in touch! Related Resources: †¢ Get Accepted to Top MBA Programs With Low Stats, a free webinar †¢ E-GMAT: A New and Better Approach to GMAT Prep, a podcast episode †¢ What GMAT Score Do I Need to Get Accepted to Top MBA Programs? Should You Retake the GMAT Exam There’s no yes or no answer here, but I will give you some points to consider that will help make your decision easier. The case for retaking the GMAT Retake the GMAT if†¦ You have other weaknesses in your profile and you feel a high GMAT score will help you compensate for them. A great GMAT score won’t get you into an MBA program, but it can help make up for other things that may be lacking, such as a less-than-stellar GPA. Your GMAT score is very much in your control and is an important screening instrument. You have the time to prepare, study hard, and change the outcome. The more time you have to devote to preparing and studying for the GMAT, the better your score will likely be. Studying for the GMAT in the midst of undergrad studies and doing the â€Å"extras† like volunteering that b-schools look for, may not be the best idea. Take a class, prepare rigorously, and establish a study schedule. Follow this schedule religiously to increase your familiarity with the test. You are a reapplicant who has received feedback that suggests you need to boost your GMAT score. In order to make this reapplication your last, you have to show improvement over your previous app. Retaking the GMAT and receiving a higher score will accomplish that. You blame you’re not-so-brilliant score on a bad day and know that if you retake the GMAT you’d have a meaningfully higher score. Were you not feeling well or had a poor night’s sleep prior to the GMAT? Students taking the exam for the first time may have a lower score due to nerves or unfamiliarity with the testing environment. Your comfort level will probably be higher the second or third time around, which can improve your score. The case for NOT retaking the GMAT Don’t retake the GMAT if†¦ You proudly overshot the 80-80 hurdle. If your scores in total and in the individual sections of the GMAT are well above the average scores for the schools you are aiming for, then you don’t need to retake the GMAT. (If it’s the elite schools, you ideally should have close to or above the 80th percentile on both verbal and quant.) Schools use the GMAT as a screening tool. One thing they want to be sure about is your ability to handle the academic program. With these high scores, you have demonstrated this. Use your time and effort working on the other areas of your application. You’ve already taken the GMAT 3+ times (think about the law of diminishing returns). Most b-schools are happy to see a student take the GMAT two or three times, especially if your score increases each time. However, taking it more than that may serve as a red flag to the schools and show a lack of judgement or an obsessive preoccupation with the exam. You are aiming too high and know deep down that you should probably just apply to b-schools with lower average GMAT scores. If your GMAT is high enough for schools that you would be happy to attend, then you don’t need to retake it. The required GMAT scores for the top 10 programs are going up. If you can’t compete with these scores and are not from a distinctive background or demographic, it is not in your best interest to retake the GMAT. Look again at the schools that don’t require such high GMAT scores. Finding one with the right fit will ensure a successful MBA experience. Not sure if your stats and the rest of your application will get you into the best b-school for you? Check out our MBA Admissions Consulting Services and learn how your personal advisor can help you get ACCEPTED. ; For 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more.  Want an MBA admissions expert  to help you get Accepted? Click here to get in touch! Related Resources: †¢ Get Accepted to Top MBA Programs With Low Stats, a free webinar †¢ E-GMAT: A New and Better Approach to GMAT Prep, a podcast episode †¢ What GMAT Score Do I Need to Get Accepted to Top MBA Programs? Should You Retake the GMAT Exam There’s no yes or no answer here, but I will give you some points to consider that will help make your decision easier. The case for retaking the GMAT Retake the GMAT if†¦ You have other weaknesses in your profile and you feel a high GMAT score will help you compensate for them. A great GMAT score won’t get you into an MBA program, but it can help make up for other things that may be lacking, such as a less-than-stellar GPA. Your GMAT score is very much in your control and is an important screening instrument. You have the time to prepare, study hard, and change the outcome. The more time you have to devote to preparing and studying for the GMAT, the better your score will likely be. Studying for the GMAT in the midst of undergrad studies and doing the â€Å"extras† like volunteering that b-schools look for, may not be the best idea. Take a class, prepare rigorously, and establish a study schedule. Follow this schedule religiously to increase your familiarity with the test. You are a reapplicant who has received feedback that suggests you need to boost your GMAT score. In order to make this reapplication your last, you have to show improvement over your previous app. Retaking the GMAT and receiving a higher score will accomplish that. You blame you’re not-so-brilliant score on a bad day and know that if you retake the GMAT you’d have a meaningfully higher score. Were you not feeling well or had a poor night’s sleep prior to the GMAT? Students taking the exam for the first time may have a lower score due to nerves or unfamiliarity with the testing environment. Your comfort level will probably be higher the second or third time around, which can improve your score. The case for NOT retaking the GMAT Don’t retake the GMAT if†¦ You proudly overshot the 80-80 hurdle. If your scores in total and in the individual sections of the GMAT are well above the average scores for the schools you are aiming for, then you don’t need to retake the GMAT. (If it’s the elite schools, you ideally should have close to or above the 80th percentile on both verbal and quant.) Schools use the GMAT as a screening tool. One thing they want to be sure about is your ability to handle the academic program. With these high scores, you have demonstrated this. Use your time and effort working on the other areas of your application. You’ve already taken the GMAT 3+ times (think about the law of diminishing returns). Most b-schools are happy to see a student take the GMAT two or three times, especially if your score increases each time. However, taking it more than that may serve as a red flag to the schools and show a lack of judgement or an obsessive preoccupation with the exam. You are aiming too high and know deep down that you should probably just apply to b-schools with lower average GMAT scores. If your GMAT is high enough for schools that you would be happy to attend, then you don’t need to retake it. The required GMAT scores for the top 10 programs are going up. If you can’t compete with these scores and are not from a distinctive background or demographic, it is not in your best interest to retake the GMAT. Look again at the schools that don’t require such high GMAT scores. Finding one with the right fit will ensure a successful MBA experience. Not sure if your stats and the rest of your application will get you into the best b-school for you? Check out our MBA Admissions Consulting Services and learn how your personal advisor can help you get ACCEPTED. ; For 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more.  Want an MBA admissions expert  to help you get Accepted? Click here to get in touch! Related Resources: †¢ Get Accepted to Top MBA Programs With Low Stats, a free webinar †¢ E-GMAT: A New and Better Approach to GMAT Prep, a podcast episode †¢ What GMAT Score Do I Need to Get Accepted to Top MBA Programs?

Saturday, May 23, 2020

The Black Lives Matter Movement - 790 Words

Words can either help the cause or bring further confusion, which in the end destroys the solution to that issue. Kenneth Burke once stated â€Å"Rhetoric is the use of words by human agents to form attitudes or induce actions in other humans† (Pitchford, Aug 31 2016) The very way something is stated can either bring forth the support and encouragement needed or cause a major divide amongst those who want a change and those who don’t perceive the issue as a real problem. The media does a great job of taking issues and flipping the mission statements of many groups to gather a response from others. This phenomenon is known as miscommunication, which happens on the daily with anyone who uses words to communicate ones views and understandings. An issue that has become prevalent in the news recently is the unlawful murders of African American citizens by law enforcement. To combat this issue, a group of concerned citizens rose up to demand a change, known as the Black Lives Matter movement. Due to others not clearly understanding the mission, the connotation associated with the movement has turned negative from conservative media. Those participating in the protest for a better justice system have been painted as hoodlums, racist, and disturbers of peace. The news outlets have become biased on the information presented to the public, in fact the updates of the movement have begun to play on the fear of the viewers. The act of rearranging words, and taking one group ofShow MoreRelatedThe Black Lives Matter Movement1356 Words   |  6 Pagesthe product of racial profiling, a movement has risen up to combat these common issues. The most recent and most well-covered is the Black Lives Matter Movement. Even though it has bee n lauded by some media sources and individuals as the next great movement to champion for civil rights, the Black Lives Matter movement is not the same as the African-American Civil Rights Movement of the 1960s nor is it likely to be as successful. If the Black Lives Matter Movement continues with discrepancies in ideologyRead MoreThe Black Lives Matter Movement1179 Words   |  5 PagesThe Black Lives Matter movement has swept across America. It s branched out with chapters in over 31 cities and held rallies and boycotts across the United States(Sidner). The Black Lives Matter movement started with the outrage of the death of a young man. It continues to take over headlines and raise awareness on police brutality and inequality. However, the movement has met resistance from the All Lives Matter group. This group thinks that Black Lives Matter is a movement to express hatred towardsRead MoreThe Black Lives Matter Movement872 Words   |  4 PagesPaper 5 Black Lives Matter Movement A close examination of the online representation of a fringe community or counterculture would be the Black Lives Matter movement. The Black Lives Matter movement is a community in America that has represented itself after all of the many innocent African American lives that have taken by law enforcement and the Caucasian male who went into the Emanuel African Methodist Episcopal Church and opened fire on the members of the church. The Black Lives Matter movementRead MoreThe Black Lives Matter Movement1235 Words   |  5 Pagestheir anger and sadness about the result with the Black Lives Matter hashtag. While there were many documented cases of police brutality before Michael Brown’s death, this was the one that truly popularized the Black Lives Matter Movement (Acosta). The Black Lives Matter movement is â€Å"working for a world where Black lives are no longer systematically and intentionally targeted for demise† (About), as well as highlighting the contributions Bl ack lives have made to society. Media have a strong influenceRead MoreThe Black Lives Matter Movement893 Words   |  4 PagesDiscrimination is a struggle that African Americans know all too well. The Black Lives Matter strives to stand up for those wronged by society and also raise awareness to an issue that has surprisingly gone unresolved. The articles â€Å" Black lives Matter: A movement takes shape†, and â€Å" The condition of black lives is one of mourning â€Å" both show the dire need for the black lives matter movement through a combination of appeals that allows them to draw attention to different aspects of the problems withoutRead MoreThe Black Lives Matter Is A Movement1659 Words   |  7 PagesIn 2013, a movement called Black Lives Matter, started to advocate their motto and cause for stopping police brutality and racial injustice. The movement is being supported by many other African Americans and TV networks like B.E.T. Black Lives Matter is a movement that began after George Zimmerman was found not guilty of the murder of Trayvon Martin. The movement grew stronger after the death of two unarmed African Americans last year, Michael Brown of Ferguson, Missouri and Eric Garner of New YorkRead MoreThe Black Lives Matter Movement Essay1570 Words   |  7 PagesThe Black Lives Matter movement was created in 2013 after the acquittal of Trayvon Martin’s killer, and after the killing of Michael Brown in Ferguson, Missouri. In 2014, the phrase became a bold component for a new chapter in an age old historical fight to end social injustices. But the movement’s disruptive protests’ and passionate public speeches about racial inequality have been concerning to many American citizens who are curious about what the goal is for this generation of protesters. OneRead MoreThe Black Lives Matter Movement1453 Words   |  6 PagesThe black lives matter movement has been in the news is a major social movement since Mike Brown was shot in Ferguson Missouri. Sin ce that event, there have been many spin-offs to the black lives matter cause. White lives matter, blue lives matter, and Hispanic lives matter. This has become a more divisive idea instead of being a cause that can invoke change. Given my background and personal experience, all lives matter; even the ones that wear bulletproof vests and guns on their hip. People seeRead MoreThe Black Lives Matter Movement1655 Words   |  7 Pagesfighting for respect for a single human life, blacks are focused on the safety of their community while the whites are fighting to keep respect and gain safety. The Black Lives Matter movement, also known as BLM, has been occurring since 2013 when the #blacklivesmatter began trending on Twitter after the death of Trayvon Martin. This movement was not started to cause problems, but only as a support group for the African American community. As growth to the movement occurred, the retaliation levels jumpedRead MoreThe Black Lives Matter Movement1289 Words   |  6 PagesWhite people are born into extreme privilege that they are unaware of having and Blacks are continually the subject of police brutality, inequality in the workplace and the media is still horribly racist. It is clear that light needs to be shed upon this issue to help prevent future generations from fighting the horrific battle that black peop le still have to fight every day even now in 2015. The Black Lives Matter movement was set up in 2012 following the death of Treyvon Martin and awareness to this

Monday, May 18, 2020

Essay about Kids and Gun Control - 795 Words

In the cartoon it shows a little boy knocking on the door of the National Rifle Association, the man at the door hands the little boy two–twenty three caliber guns, as he smiles. The man has wrapped the guns in what is supposed to be the 2nd amendment. This paper will focus on gun control and kids. I would hope that nobody would just hand a child a firearm. I know growing up; it was common for the boys to go hunting with the men. The boys were never alone with the hunting rifles, and were taught to respect firearms. The kids knew that these guns were not toys and nothing to be played with. This was a long time ago, before all the school shootings that have come about in the last few years. My Dad now keeps all the guns under lock†¦show more content†¦Laws have been put into place to help insure that guns are only sold to the people that are able to pass back ground checks. â€Å"With the 1994 Brady Handgun Violence and Prevention Act, Congress imposed a five-d ay waiting period on handgun purchases to allow law enforcement officers time to perform criminal background checks of potential buyers† (Front Line). This does not mean that guns do not fall into the hands of children and adults who are not lawfully registered to own them. There are guns shows that are held in almost any U.S. town at any given time, most of the dealers follow protocol but some do not. Pawn shops also buy and sell guns on a daily basis; most of these guys are just out to make a quick sell. They have no idea if the gun that they are buying was just used in a crime or not. Then there are the stories of kids who found their parents guns in the desk drawer or under the bed, that accidently shoot their friend or themselves. This happens all too often and can tear families apart. â€Å"The guns children use to shoot other children all start out in the hands of adults. The Children’s Gun Violence Prevention Act of 1998 shuts down the sources of guns for kids by placing increased responsibility on parents and gun dealers. Parents whose children gain access to improperly stored guns in the home will risk facing criminal penalties† (Koch). This is a great law to have on the books. This will help ensure that someone is heldShow MoreRelatedEssay about The Debate Concerning Gun Control823 Words   |  4 Pages Over the past few decades gun control has come to the fore front of debate in politics and the mass media. Its no wonder that in the wake of the recent school shootings and attacks on churches that people are beginning to fear guns. People are beginning to see guns as an object of death and destruction and not as what they are meant to be. While guns are used in war they are not intended to kill innocent people, guns are intended to be used by experienced gun handlers for protection and huntingRead MoreGun Control Laws Are Protect Women From Domestic Abusers And Stalkers1505 Words   |  7 PagesMore gun control laws are needed to protect women from domestic abusers and stalkers. Five women are killed with firearms consistently in the United States. A lady s danger of being killed increments 500% if a weapon is available amid a local question. Amid the Iraq and Afghanistan wars, 5,364 US warriors were murdered in real life between Oct. 7, 2001 and Jan. 28, 2015; somewhere around 2001 and 2012 6,410 ladies were slaughtered with a firearm by a close accomplice in the United States. A 2003Read MoreThe 2nd Amendment Essay1119 Words   |  5 PagesThe Second Amendment Most people would link violence and crime problems with gun control in America. The debate that Americans face today is the freedom the Second Amendment gives citizens and whether or not the country should repeal it. While some people feel that repealing it should solve the problem, others believe that it is one of the most important basic freedoms we have as Americans. Federal gun control laws are unconstitutional, and I believe the Second Amendment is both an individualRead MoreThe Issue Of Gun Control1303 Words   |  6 PagesGun control has been a major problem in our society because it’s been in the (Molly)world just know one payed it any attention. In the year of 2014 a young man Travon martin passed away and it became a question of gun control. Gun laws are the cause of much of the violent crime in the United States and it needs to change who Is illegal interactions transportation of guns and mass shootings around the United States. Many people question the guns around our society and people asking the cause of orRead MoreGun Control And The Rights Issue Essay1490 Words   |  6 PagesGun control is a topic that has been discussed for many years now. Increasingly so with all of the mass gun violence that has been occurring recently such as the Orlando and San Bernardino shootings in 2015 and 16. Some view gun control as a crime issue and others view it as a rights issue. Either way, there are people that want more gun control and people that want less gun control. On both sides of the issue, opinions range from moderate to extreme. Should we put more restrictions on firearmsRead MoreGun Control Laws Do Not Reduce Gun Violence779 Words   |  4 Pages Gun control laws Introduction: I believe that gun control laws will actually increase robberies, murders, and other crime. Think of it like this ok, you and your kids are sleeping in your beds. Then you hear your front door being kicked in. You see people walking around your house stealing your tv’s, your kids game systems, computers, and jewelry. You begin to go for the phone and call 911, but they see you and they start to run at you and your kids with a knife. Would you rather have a gun orRead MoreGuns Are A Common Weapon842 Words   |  4 Pagesanyone. Guns are a common weapon that just about everyone owns. Guns are being used not only to assure safety to Americans, but also in way that make people afraid to leave their homes. People in today’s society use guns to end the lives of others as well as themselves. Nowadays, gun related violence is always appearing in the news and because of this, I think there should be a higher criteria for those who are allowed to have guns. In today’s world, gang members can get their hands on a gun, withRead MoreMedia Violence and School Shootings1312 Words   |  6 Pagestake blame for something that their child has done wrong. Well, it is pretty simple. Parents are the only people who can control what kind of music their kid or kids listen to, what movies they see, what video games they play, and what kind of programs they watch on TV. The parents should be held accountable because it is not possible for the school to control what the kids do out of the classroom. Since the Littleton, Colorado shooting, school shootings have attracted attention to laws thatRead MoreGun Control Should Not Be Controlled As It Reduces Sense Of Self Defense1454 Words   |  6 PagesIntroduction Gun control can be defined as the entire laws that legalize the invention of firearms in a certain state. In other words, it is the regulation of distribution of firearms in a country. For a couple of years, government has struggled to reduce the rate at which firearms are used in a country. This has helped to reduce various crimes that were carried out by people who were said to own guns. Research shows that about 90% of deaths originate from use of firearms. For this reason, it isRead MoreThe Government Should Restrict Gun Ownership: An Opinion Essay1499 Words   |  6 PagesShould the government restrict gun ownership? Guns are very dangerous weapons. They can cause destruction or even death. They can defend, protect, intimidate and kill. If the government has to restrict gun ownership, it has to ask weather guns necessarily lead to crimes. The government should restrict gun ownership because over the past years people who own guns, especially in the neighborhoods, colleges and high schools break rules and commit crimes. Homicide crimes and other crimes have increased

Tuesday, May 12, 2020

Sonnet To My Mother by George Bake Essay - 978 Words

Sonnet To My Mother by George Baker Most near, most dear, most loved, and most far, Under the huge window where I often found her Sitting as huge as Asia, seismic with laughter, Gin and chicken helpless in her Irish hand, Irresistible as Rabelais but most tender for The lame dogs and hurt birds that surround her,- She is a procession no one can follow after But be like a little dog following a brass band. She will not glance up at the bomber or condescend To drop her gin and scuttle to a cellar, But lean on the mahogany table like a mountain Whom only faith can move, and so I send O all her faith and all my love to tell her That she will move from mourning into morning. George†¦show more content†¦His exuberant exclamation near the end of the poem, and so I send O all my faith and all my love to her...confirms the strength of these feelings. The warm, humorous, delightfully frank way Baker describes his irresistible mother in the intervening lines also convinces us of his strong attachment to her. These feelings are moreover, reinforced by the warm, playful, exuberant tone he employs throughout the poem. The sonnet form with the necessity for compression that it imposes is particularly suitable for this brief but deeply-felt tribute. In the fourteen lines, Baker provides a vivid and appealing cameo of his mother, not only her large size, but also of her habits, sense of humour, lively, enquiring mind, compassion, loud, exuberant love of life, courage and faith. In the octave of the sonnet, he accumulates vivid impressions of all these characteristics except for the most important ones, her courage and faith, which he reserves for the sestet which provides the sonnet with its point: it is these last two qualities in particular which will enable her to move from mourning to morning The poets language is mostly simple and non-poetic, in fact, generally part of everyday speech or the vernacular; this suggests the genuineness of the poets feelings. His basically simple, everyday vocabularyShow MoreRelatedCrossing the Chasm76808 Words   |  308 Pagesvocabulary to a market development problem that has given untold grief to any number of high-tech enterprises. Seeing the problem externalized in print has a sort of redemptive effect on people who have fallen prey to it in the past—it wasn’t all my fault! Moreover, like a good book on golf, its prescriptions give great hope that just by making this or that minor adjustment perfect results are bound to follow— this time we’ll make it work! And so any number of people cheerfully have told me

Wednesday, May 6, 2020

What are the main causes of high unemployment in Zimbabwe...

Introduction: The unemployment rate is the proportion of the economically active population that is unemployed and actively looking for employment. In 1990, Zimbabwe embarked on a programme of Economic Reforms popularly known as Economic Structural Adjustment Programme (ESAP) and 1991-1992 saw one of the worst droughts. With close to 70% of the population living in the rural areas (CSO 1992) and dependent on agriculture for their livelihood, this constituted a major disaster. One result of these events was increased migration to the urban areas by people in search of employment. A further drought in 1995-1996 compounded the effect. Worsening economic conditions plus ever increasing corruption and crime have been the norm since 1995.†¦show more content†¦During a business boom or upswing the supply of bonds rises. The investment climate in Zimbabwe is not sufficiently favorable to attract the type of Foreign Direct Investment needed to transform exports. There are so many regulations conce rning capital repatriation and profit/dividend remittability. This discourages investment and hence at the same time increasing unemployment. Population growth rate and age structure The population in Zimbabwe has been increasing at a decreasing rate, but the fact that the population is increasing without a complimentary increase in job opportunities, this therefore means all the job candidates are jobless. The growth path - reliance on primary products - is suboptimal Zimbabwe has been relying mostly on the products which are just primary. Such dependence has had no joy being found for the thousands of youths in Zimbabwe who are looking for jobs. Geography (proximity to South Africa, no direct access to the sea) Zimbabwe is a landlocked country and has been relying mostly on its neighbours namely South Africa and Mozambique. This has placed the country in a state of disadvantage hence the employment creation rate going down. Tertiary Education A number of tertiary colleges have sprung up in Zimbabwe, and yet the existing infrastructure is unable to absorb the swelling numbers of youths seeking training opportunities. There is also a high mismatch of skills acquired from training on one hand and the labour market

Television Free Essays

————————————————- Television is the leading cause of violence in today’s society. Television. This word associates for us with â€Å"violence†, â€Å"crime†, â€Å"pornography†. We will write a custom essay sample on Television or any similar topic only for you Order Now And this becomes usual in today’s society. And possibly, it is a reason why many people don`t find the cause of violence in TV, because it is usual situation for them, when they see bad scenes on the screen, they just don’t pay attention on it. And this is the source,all we became â€Å"cold†. For us it is trifling when happens bad events around us. And we don’t notice that slowly turn to monsters. But there is the great impact of television’s violence on youth, especially. 1. Children copy everything what is happening on the screen, not caring whether it is good or bad. For example, there was experiment with the children. Television researchers split children in two groups. For the first group the clip, where little girl hit a doll, was shown. For the second group the clip, where that girl had a tea party with doll, was shown. After that researchers gave dolls to every group, and every group did the things, which they saw in the video. (http://library. thinkquest. org†¦ ) 2. Violence on television causes aggression in people, especially again in children. But the effect, they have from the television, can be opened after a lot of years, even if they are 30 years old. â€Å"In 1973, a small Canadian town (called â€Å"Noel† by the investigators) acquired television for the first time. The acquisition of television at such a late date was due to problems with signal reception rather than any hostility toward television. Joy et al20 investigated the impact of television on this virgin community, using as control groups two similar communities that already had television. In a double-blind research design, a cohort of 45 first- and second-grade students were observed prospectively over a period of 2 years for rates of objectively measured noxious physical aggression (egg. , hitting, shoving, and biting). Rates of physical aggression did not change significantly among children in the two control communities. Two years after the introduction of television, rates of physical aggression among children in Noel had increased by 160%† (http://cursor. org†¦ ) 3. Again children saw violence on TV, repeat it, thinking that their action will not be punished. That means they are persuaded that crimes, violence†¦ ave punishment, despite their terrible consequences. 47% of violent television programs show the victim going unharmed, especially in cartoons. The person in the cartoon or television show gets bowled over by another character and they get back up without being harmed. Children begin to believe that violence doesn’t really hurt othe rs. 73% of individuals who commit crimes in cartoons and children’s shows go unpunished in violent scenes Television shows that allow the character who commits the crime to receive no punishment, teaches children that it is alright to commit a crime because nothing will be done. Criminals and violent acts do not get punished. (http://library. thinkquest. org†¦ ) 4. And there are certain facts that television promotes homicide. Following the introduction of television into the United States, the annual white homicide rate increased by 93%, from 3. 0 homicides per 100 000 white population in 1945 to 5. 8 per 100 000 in 1974; in South Africa, where television was banned, the white homicide rate decreased by 7%, from 2. 7 homicides per 100 000 white population in 1943 through 1948 to 2. 5 per 100 000 in 1974. As with US whites, following the introduction of television into Canada the Canadian homicide rate increased by 92%, from 1. 3 homicides per 100 000 population in 1945 to 2. 5 per 100 000 in 1974. †¦ white South African homicide rates would double within 10 to 15 years after the introduction of television in 1975, the rate having already increased 56% by 1983 (http://cursor. org†¦ ). If you want to see more just go to this web site. Well, it can be said that nowadays television is full of acts of murders, robberies, violence. And all of theme, all-in-all, have a huge influence on our consciousness. So, this is beyond controversy. I can’t agree with my opponent that Television is the leading cause of violence in today’s society. Since my opponent didn’t give any arguments, I’ll first my arguments: 1. Violence was always there. It’s not a new invention. Since the beginning of time, there has been violence. The first murder is mentioned in the bible. Much before there was even electricity. 2. If the violence you see on television causes you to act violently, each and every one of us (since most of us watch TV) would have been violent 3. Those who act violently are people which are naturally violent. The proof of that is that animals act violently too. animals do not watch TV. They act violently since they are naturally violent creatures. I  think that I can introduce to my opponent the facts why television is the leading cause of violence. Television hasn’t significant influence on adults’ mind, but has a great impact on children, on their brain’s development. And if they catch the idea of violence in childhood from TV, then their opinion about crimes, murders cannot be changed. Only in adulthood they make their ideas real, and we don’t know what kind of idea it can be. Thus, television influences the consciousness of children, who at their time will be ready to accomplish terrible action. But also there was a fact TV has influence on adults too, but it is seldom event. All-in-all, there are a lot of exploration, researches, which prove the statement of our debate’s topic. I am sure that I could demonstrate the facts, that`s why people vote for me! This them was risen so many times. The answer is yes, but on half. Because being violent depends not only on Television, but also on person` environment ( family, friends, consiquences†¦ ) Television is only a part of this. Ufrotunately, television`s influence on people is huge. You see the propagands in films that being bed is cool, and actually you want to be like them, TV showas areshowing and talk that being thin is good, and you do not eating and make harm to yourself†¦.. Television and other media have always been blamed about showcasing violence to a large extent. Many television shows are infamous for their violent content. Television violence is about murders, bloodshed, explosions, disaster and death. TV shows often demonstrate hitting, stabbing, screaming, thus expressing negativity. This destruction shown on television has a deep impact on the viewers, especially children. Considering the impressionable years they are in, children are most vulnerable to violence on TV. It is a point of debate whether television reflects society or behavior of society reflects what is shown on television. But at some point it becomes a vicious circle. People follow what they see on TV and television shows are based on what is prevalent is society. Television is bound to have a deep impact on the viewers, especially children and teenagers. Children tend to follow whatever they see blindly. Television violence influences children to a great extent because they relate to characters on television. Television violence affects children of different ages in different ways. The effect depends on their level of understanding, the way they interpret and process information and their own experiences and upbringing. According to the American Academy of Pediatrics (AAP), kids under 2 years of age should not watch television and those older than 2 should not be allowed to watch more than 1 to 2 hours a day of good TV shows. Television, or any media for that matter can shape child behavior. Audio-visual media have the potential to influence a child’s mind and make the child follow what he/she sees, without much thought. It’s high time the elders realize this and restrict TV exposure of children. How Television Violence Affects Children Infants are attracted to watching TV. For them, it’s just a play of light and sound, something visual and moving they enjoy watching. They often miss the program content. They can make sense only out of characters and faces familiar to them. It is said that if behavior on television is presented to them in simpler ways, they are likely to imitate it. When children reach an age of two and half years, they begin to pay more attention to what is shown on TV and tend to imitate it. At that age children prefer to watch fast-moving characters and are likely to get exposed to television violence. During the pre-school age, children begin to derive meaning from what they see on television. Intense scenes and sounds attract them. Cartoon violence draws in the children of that age. It is seen that preschoolers behave aggressively after watching action and violence on TV. During their initial years of schooling, children begin to understand what’s shown on the television. They are able to follow the actions of characters and the consequences of the characters’ actions. But they tend to think less on what they see, which results in reactions of a superficial nature. If children identify with a villain, they may start enacting his behavior. They think of emulating that violent hero. Due to overexposure to TV violence they may become tolerant to real world violence. Studies say that watching horror movies is sometimes an attempt by children to get over their own phobias. When adolescent, they start watching television independently. At that age, they can reason everything they see but they are not mentally involved. They start idealizing someone and are tempted to act like him. They start believing that whatever is shown on TV is real. If they are exposed to suicides and crime they may try to imitate those kinds of behavior. Children’s minds are not mature enough to understand the context of the violence they watch on television. Take an example of a psychic villain or a murderer who constantly bears a feeling of guilt about his acts. In the first scenario, a child does not perceive the psychological disorder that has made him a villain. In the second case, a child fails to understand how empty a murderer’s life is. Thus they are unable to comprehend the causes and effects of evil behavior. They do not understand the nuances of the scenes on television. They wrongly interpret the wrongdoer and go the wrong way. Primarily, children become insensitive to others’ pain. They may become numb on watching something terribly violent. Secondly, children feel that people around them are all of a violent nature. They think the world around them is similar to what is portrayed on TV. Due to this, they fear people. They speculate something ill happening to them. They feel the possibility of frightening incidents taking place in their lives. Influenced by the violence shown on TV, they may tend to harm others. They might become over-aggressive and rebellious. They can disobey rules. They may become impatient and refuse to wait for things, they then leave work unfinished thus do not perform well in school. Television violence can impact children in two distinct ways. Either they develop immunity towards cruelty or an extreme fear of living in a dangerous society grips them. Television shows portraying the ‘positive’ are almost history. Scenes of TV stories are no more depictions of only the good. Today’s wrestling shows, violent movies and intense emotions expressed on TV, are bound to leave a long-lasting impact on television viewers. Children have to face the after effects of television violence. Today’s children are the future of our society and it’s important that they stay away from violence. Violence might make children timid and pessimistic. It may instill evil feelings in their minds. Television violence creates a wrong picture of society in the young minds. They make suicidal attempts or may even take to murders. Youth takes to committing crime leading to youth violence. These harmful effects of television violence need to be curbed. Parents have an important role to play in preventing their kids from watching the violence that is showcased on television. Kids should be encouraged to watch children’s programs. Parent must use their discretionary powers to decide which programs their children should watch and which ones they should not. Early exposure to violence on TV leads to abnormalities in children’s behavior. Parents are advised to pay attention to the programs their kids watch and restrict the time for which their kids can watch TV. They are advised to contact other parents and collectively implement rules for television watching. Parents need to reject violence in front of their children. They should explain their kids the reality behind the scenes. It’s necessary to call the ‘wrong’ wrong when television violence is perpetually projecting it as ‘right’. Read more at Buzzle:  http://www. buzzle. com/articles/television-violence-and-children. html How to cite Television, Papers

Business and Corporations Law Good Faith in Contract

Question: Discuss about the Business and Corporations Law for Good Faith in Contract. Answer: Meaning of consideration A consideration is the price which is stipulated by a promisor in exchange of his promise.A contract is considered to be valid only when there is a proper consideration in the contract (Johnstone2013). In the case of Dunlop Pneumatic Tyre Co Ltd v Selfridge Co Ltd, Lord Dunedin defined consideration as follows: An act or forbearance of one party, or the promise thereof, is the price for which the promise of the other is bought, and the promise thusgiven for value is enforceable. (Turner2014). A promise which lacks consideration is not considered as a valid promise.4Thus, consideration is essential to an agreement and an agreement without a consideration is void.However, in certain circumstances, a contract may be considered to be valid even in the absence of a proper consideration. Such details need not be stated here in this present assignment (Taskar 2015). 1 a) In the instant case, Jack has accepted to buy a Lotus Super 7 sports car from Jane.The agreement has however been entered into without any consideration. Case law: Milroy vs Lord In this case, Mr Medley has executed a deed for transferring certain bank shares in favour of a trust.However, there was no consideration mentioned in the deed and the name of the trust had also been registered in the register of the bank.4Mr Medley died afterwards.The personal representative of Mr Medley argued that the deed could not be enforced because it lacked a proper consideration.According to him, the transaction was an uncompleted gift and therefore the same should not be allowed to be enforced. The contention of the personal representative of Mr Medley was accepted in the Court and it was held that the deed was void due to lack of proper consideration (Siu2015). Thus, a promise with an intention to do a gratuitous act was cannot be enforced in a Court of law (Hoand Lee2013) In the instant case also, the agreement between Jane and Jack for the sale of the car lacks a proper consideration. Though, there has been an offer and acceptance in the instant case, but the agreement cannot be enforced due to want of a proper consideration.4It means if Jane denies to sell the car to Jack in future, Jack will have no legal right to move the Court and enforce the agreement. Therefore, in the present case, the agreement does not bind the parties legally. b) In the instant case Jack has accepted an offer made by Jane for the sale of her Lotus Super 7 sports car. The amount for which the car is purported to be sold is $25000. The question to be determined in the case is whether the amount of $25,000 is a good consideration and whether it binds the parties legally. It is imperative to look into the nature and requirement of consideration to determine whether the consideration is a good consideration or not. Now, consideration may be anything stipulated by the promisor.7Consideration may or may not be in a monetary form.4It may also be in the form of an act done by the promisee or in the form of an abstinence on the part of the promisee.1As for example, a consideration which requires a promisee to quit going to night clubs will be considered to be a good consideration.This is an example where a promisee is required to abstain from doing something. Similarly a consideration which requires a promisee to study every Sunday evening shall be considered to be a good consideration. This is an example where the promisee is required to do an act as a consideration for the promise (Hoand Lee2013) In the case of Dunton vs Dunton, it was held that giving up a freedom would constitute good consideration (McKendrick2014). In the case of Wigan vs Edwards, it was held that giving up a legal right would constitute good consideration (Carter 2014) In the case of Carlill v Carbolic Smoke Ball Co, a carbolic smoke ball was produced by the company for the purpose of preventing persons from contracting diseases like influenza. The company announced that it would give an amount of 100 pounds to anyone who catches flu even after using the smoke ball. Mrs Carill used such ball produced by the company according to the direction given by the company but still caught the flu (Mahdi et al., 2013). It was held that the inconvenience suffered by Mrs Carill in using the smoke ball was a good consideration and therefore the company was liable to pay the reward to Mrs Carill (Strong2014). In the instant case, the consideration stipulated by Jane for the sale of her car is $25000.8The market value of the car is also $25000.3It means that Jane would get the same amount if she chooses to sell the car to anyone else other than Jack.Thus, the consideration fixed under the contract in the instant case is in term of money and has been stipulated by the seller. Such amount has also been agreed to be paid by the purchaser. Hence, it will be considered to be good consideration and the parties will be legally bound by the terms of the contract. Thus, jack has a legal right to enforce the contract if Jane refuses to sell the car to him in future. 1c) In the instant case, Jack has accepted an offer made by Jane for selling her Lotus Super 7 sports car.The consideration amount fixed by Jane for the sale of the car is $2500.The case involves the determination of the question whether the consideration of $2500 is valid for the purpose of binding the parties legally into the contract. Now, an agreement in order to be a good consideration need to be certain and not illusory. Case law: Biotechnology Australia Pty Ltd v Pace In this case, Pace entered into an employment contract with Biotechnology. Under the terms of the employment contract, Jane was allowed to participate in the equity sharing scheme of the senior staff of the company.However, no such scheme was in existence at the time when the contract has been entered into between the parties (Goldberger2012). It was held that the consideration stipulated in the contract was illusory and uncertain and as a result the agreement was not allowed to be enforced (Carter2013). 1A consideration need not be adequate in order to be a good consideration.A consideration may be of minimal value and still it may bind the parties in a legal agreement. In the case of Mountford vs Scott, a consideration amount of 1for the purchase of a land was considered to be a good consideration and the agreement was considered to be a valid agreement (Furmston et al. 2012). The idea of validating a contract with a minimal consideration is to give freedom to the parties to determine the value of consideration.1It is not a required that the consideration should be fixed according to the market value of the product (Hillman2012). In cases where the consideration is inadequate or insufficient, the factor which the Court may take into consideration is whether the parties were in the same bargaining position when the contract has been entered into. If the Court finds out that there has been an unconscionable bargain in a contract, the Court may set aside such contract. In the instant case, the consideration is merely $2500 where as the market value of the car is $25000.3The consideration has been stipulated by the seller and it has been voluntarily accepted by the buyer.None of the parties has exerted pressure or influence on the other to accept the terms of the agreement. Voluntary consent has been given by both the parties and hence the agreement shall be valid and the parties will be legally bound by the terms of the agreement. In the instant case, North Ocean Tankers entered into a contract with a shipbuilder, who was required to construct a tanker.A charter agreement with a third has already been entered into by North Ocean Tankers and hence the tanker needs to be delivered on time. The consideration amount fixed for the work is in US $.The contract did not provide for any fluctuation in the currency. The construction work was started by the shipbuilder and as it was being constructed, suddenly a devaluation of US $ by 10% took place. The shipbuilder demanded an extra amount of US $3 million for completion of the work.The demand of the shipbuilder was accepted by the North Ocean Tankers reluctantly under protest as there was no other option left for the North Ocean Tankers. The North Ocean Tanker seeks to recover the excess amount paid nine months after the delivery of the tanker. The facts of the instant case is somewhat similar to that of North Ocean Shipping Co Ltd. vs.Hyundai Construction Co and another.In this case also an agreement was entered into between Hyundai another (defendants) and North Ocean Shipping Co Ltd (plaintiffs) for the construction of a tanker.10The defendants were required to construct a tanker under the agreement.3The consideration fixed under the contract was in US $ and it was to be paid in five instalments.The defendants opened a letter of credit to secure the payment of the instalments in case of any default.1As soon as the first instalment was paid, the US $ was devalued by 10%.A threat was given by the defendants that they would abstain from continuing with the work if their demand is not fulfilled. Meanwhile, an advantageous agreement had been entered into by the plaintiffs for chartering the tanker. The demand was accepted by the plaintiffs and the defendants were requested to increase the letter of credit. The plaintiffs brought an action against the defendants for the recovery of the excess amount paid eight months after the delivery of the tanker (Burrows2015). The plaintiffs argued in the Court that the agreement should be declared void on the ground that the agreement lacked a proper consideration or the agreement should be declared voidable on the ground that the agreement has been entered into during economic duress (O'Sullivanand Hilliard2016). The first contention of the plaintiff was rejected by the Court as the defendants promise to increase the letter of credit constituted a good consideration under the agreement. As a result, the agreement was held to be valid. With respect to the second contention of the plaintiffs, the Court observed that the agreement had indeed been entered into during economic duress but the acceptance of the agreement by the plaintiffs has given rise to an obligation for the plaintiffs to pay the extra amount as demanded by the defendants. Therefore, the Court did not provide any relief to the plaintiffs (Chen2012). The instant case are however a bit different from the above mentioned case with respect to the fact that the North Ocean Tankers has already chartered the tanker prior to the beginning of the construction work. When the shipbuilder demanded the extra US $3 million, the North Ocean Tankers had no other option but to accept the demand as the tanker had to be delivered on time.3The North Ocean tankers had accepted the demand reluctantly under protest.Moreover, there is no consideration under such agreement and therefore the agreement cannot be considered to be a valid agreement. The circumstances of the instant case also fulfils the requirement of economic duress.1Firstly, there was already an existing agreement between the parties.Secondly, the North Ocean Tankers was in a way compelled to enter into the agreement as the shipbuilder threatened to stop the work in case of default of payment of the extra amount by the plaintiff. Thirdly, the terms of the agreement as proposed by the defendants have been accepted by the plaintiffs. Therefore, the present agreement falls within the purview of an agreement being entered into under economic duress. Thus, the agreement is either void for lack of consideration or it is voidable for being entered into under economic duress. The period of nine months fall well within the limitation period as provide under various statutes enacted by different states of Australia.1Thus, in the present case, the North Ocean Tankers is entitled to recover the extra amount which it has paid to the shipbuilder under economic duress.The shipbuilder has taken advantage of the situation and has in a way forced the North Ocean Tankers to accept their demand and therefore, they should pay back the excess amount under the agreement. Reference List Burrows, A., 2015.Understanding the Law of Contract in Myanmar.Available at SSRN 2689548. 11Carter, J., 2014.Good Faith in Contract: Why Australian Law is Incoherent. Sydney Law School Research Paper, (14/38). Carter, J.W., 2013. The construction of commercial contracts. Bloomsbury Publishing. 1Chen-Wishart, M., 2012.Contract law.1Oxford University Press. Furmston, M.P., Cheshire, G.C.and Fifoot, C.H.S., 2012.Cheshire, Fifoot and Furmston's law of contract.Oxford University Press. Goldberger, J., 2012.Australian contract law:A case law update.Commercial Law Quarterly:The Journal of the Commercial Law Association of Australia, 26(4), p.8. Hillman, R.A., 2012.4The richness of contract law:An analysis and critique of contemporary theories of contract law (Vol. 28). Springer Science Business Media. Ho, L. and Lee, R., 2013. Trust Law in Asian Civil Law Jurisdictions: A Comparative Analysis.4Cambridge University Press. Johnstone, R.L., 2013. H. Beale et al., Cases, materials and texts on contract law, (Oxford: Hart Publishing, 2010); and TK Graziano, Comparative contract law: cases, materials and exercises (Basingstoke:12Palgrave MacMillan, 2009). Mahdi, N.M.N., Anuar, N.I.M., Razmin, N.H. and Yusoff, N.D.M., 2013. Enforceable contracts:8intention to create legal relations. 4McKendrick, E., 2014.Contract law:4text, cases, and materials.Oxford University Press (UK). O'Sullivan, J.4and Hilliard, J., 2016.The law of contract.1Oxford University Press. Siu, H., 2015. Keeping Secrets: A Critical Analysis of the Justifications for the Doctrine of Secret Trusts. NEL Rev., 3, p.75. Strong, S.I., 2014. Anti-Arbitration Injunctions in Cases Involving Investor-State Arbitration: British Caribbean Bank Ltd. v. The Government of Belize. The Journal of World Investment Trade, 15(1-2), pp.324-332. Taskar, B.D., 2015.1The Doctrine of Consideration. 10Turner, C., 2014.Key Cases: Contract Law. Routledge.