Quotes on 1984

Golden country â€Å"Presumably she could be trusted to find a safe place. In general you could not assume that you were much safer in the country than in London. There were no telescreens, of course, but there was always the danger of concealed microphones by which your voice might be picked up and recognized; besides, it was not easy to make a journey by yourself without attracting attention† An old, close-bitten pasture, with a footpath wandering across it and a molehill here and there.In the ragged hedge on the opposite side the boughs of the elm trees swayed just perceptibly in the breeze, and their leaves stirred faintly in dense masses like women's hair. Surely somewhere nearby, but out of sight, there must be a stream with green pools where dace were swimming? It was in the sun, they in the shade. It spread out its wings, fitted them carefully into place again, ducked its head for a moment, as though making a sort of obeisance to the sun, and then began to pour forth a torrent of song the rented roomWhat appealed to him about it was not so much its beauty as the air it seemed to possess of belonging to an age quite different from the present one. The soft, rain-watery glass was not like any glass that he had ever seen. The thing was doubly attractive because of its apparent uselessness, though he could guess that it must once have been intended as a paperweight. It was very heavy in his pocket, but fortunately it did not make much of a bulge. It was a queer thing, even a compromising thing, for a Party member to have in his possession. There was a small bookcase in the other corner, and Winston had already gravitated towards it.It contained nothing but rubbish. The old man was standing in front of a picture in a rosewood frame which hung on the other side of the fireplace, opposite the bed. Winston came across to examine the picture. It was steel engraving of an oval building with rectangular windows, and small tower in front. It seemed vaguely f amiliar. Winston wondered vaguely to what century the church belonged. It was always difficult to determine the age of a London building†¦. One could not learn history from architecture any more than one could learn it from books.Statues, inscriptions, memorial stones, the names of streets — anything that might throw light upon the past had been systematically altered. Winston lingered for some minutes more, talking to the old man, whose name was Charrington. All the while they were talking the half-remembered rhyme kept running through Winston's head. ‘Oranges and lemons say the bells of St Clement's, You owe me three farthings, say the bells of St Martin's! ‘ It was curious, but when you said it to yourself you had the illusion of actually hearing bells, the bells of a lost London that still existed somewhere or other, disguised and forgotten†¦ et so far as he could remember he had never in real life heard church bells ringing. He got away from Mr Char rington and went down the stairs alone. He had already made up his mind that after a suitable interval – a month, say – he would take the risk of visiting the shop again. Yes, he thought, he would come back. He would buy further scraps of beautiful rubbish. He would buy the engraving of St Clement Danes, take it out of its frame, and carry it home. He would drag the rest of that poem out of Mr Charrington's memory. Even the lunatic project of renting the room upstairs flashed momentarily through his mind again.

Illustrative Essay Essay

In society today we look at magazines and movies and strive to be just like the people we see. The guys in these magazines have six packs and arms with muscles the size of Mt. Everest. And the girls are all size double zeros with no meat anywhere on their bodies. A lot of Americans work out and diet to accomplish the goal of having these body types, but some go to drastic measures to get it. Many eating disorders and their side effects are taking over the lives of Americans every day. Anorexia Nervosa is the number one eating disorder in America. One in every one hundred woman suffers from this disorder. Anorexia is where you deprive your body from any food. This can create many problems with the body. In the beginning, minor problems can occur like fatigue, dizzy spells, and weakness. But later on, you can do so much as to give yourself certain heart diseases and some women even lose their menstrual cycles. Anorexia has controlled the lives of many celebrities like Karen Carpenter (who actually died from it), Mary Kate Olsen, and Tara Reid. Another eating disorder wide spread through the United States in Bulimia. Three in every one hundred woman suffer or have suffered from Bulimia. This disorder is where you still eat, but you cause yourself to vomit. Statistics show that many women will turn to this disease because it is â€Å"less threatening† than anorexia. Bulimia can cause slight abdominal pain and bloating. Long term side effects of this disorder can be broken blood vessels in your eyes, rotting of your teeth, and even some types of colon and throat cancers. The last eating disorder that is an issue in the USA is obesity. Many people don’t think obesity is an eating disorder, but in fact it is. Everyone’s standard of obesity is obviously ifferent, but on a national scale PBS says that seventy three percent of Americans are overweight or obese. Obesity can cause diabetes, strokes, heart attacks, and high blood pressure which are all life threatening problems. In conclusion, many eating problems are taking over America. There are healthier ways to get the body image you want. Don’t put your body at risk just to be what society wa nts you to be. You should be healthy, but you should become healthy, in a healthy manner. If you or anyone you know is struggling from an eating disorder, you should seek help as soon as possible.

Lesson plan for special education Assignment Example | Topics and Well Written Essays - 750 words

Lesson plan for special education - Assignment Example Integrate of a wide scope of methods of instructions that are suited to learner’s distinct styles of learning. This is aimed at creating an intended program for Tom success in tertiary institution preparatory curriculums Stress on the need to ensure that Tom fits in the school curriculums and with co-joined traditional aspects of the school such as co-curricular activities. Tom will be to pursue his core based courses as well as take part in other classes, co-curricular activities like athletics together with the rest of learners in the school This lesson plan seeks to explore Tom, a 10 year old kid in the 5th. He will be engaged in a handy activity aimed at helping him distinguish different conditions that act as trigger factors to asthma. Tom will be engaged in research of various ways to prevent these conditions and also on possible methods of treatment. Through internet sources and a Brain POP utility, Tom is to develop from them, research skills (Dawson, 1989). The research activities will involve finding, compiling, and summarizing information regarding asthma. It will uplift awareness not only on asthma but also of other possible ill health. Lastly, Tom will also get to learn on ways to uplift awareness in his community regarding the conditions of ill health (Dawson, 1989). He will be able to indulge in a related activity or engage in charity work geared towards the same. 1. Give cards, with conditions that trigger Asthma, to the students to cut them apart. Begin with a related activity and challenge Tom to work in groups. Let the group members classify cards provided in a criterion that is comfortable to them. In case the members are not able to classify a few of the cards allow a quick research on the internet through a computer. This is to ensure that the students, especially Tom, come up with solutions of their own. 2. Lead a discussion to help the students to compare and contrast. At this point they can be made familiar on the condition

HRM2013 Human Resource Management Essay Example | Topics and Well Written Essays - 2250 words

HRM2013 Human Resource Management - Essay Example The structure of the organization will determine the responsibilities, reporting structure and hierarchy. Organizational structure varies depending on locations, nature of business and people. It helps in arranging people and jobs to meet the requirements of the management. The structure of the organization impacts the workplace culture and employee behavior, motivation, performance, job satisfaction. (About Organizational Structure, n.d) There are 3 different types of organizational structures that are used in fast food companies depending on the size, technology and span of control; they are Bureaucratic Organizational structure: This form is often found rigid and inflexible as they are not accustomed to changes. Network structure Functional Organizational structure (Walter, 2011) Chuck E Cheese is one of the best fast food joints which are not present in the UK. It’s a great place for the kids as there are many attractions such as games and rides. Most of the fast food join ts adopt a very traditional organizational structure to their outlets. To establish Chuck E Cheese in the UK, it is best to have a centralized organizational structure where decisions are made by the top management. For chuck e cheese to enter the UK market, it is important to utilize a multinational strategy which helps the company to develop products that would reach the UK market. It helps the company to adapt to the local trends. If chuck E Cheese is to enter the UK market, it is better it practices a decentralized organizational structure where in decision making can be made by lower level management. This provides an opportunity for the top management to focus on other issues as opposed to looking over subunit level details. (Organizational Issues in Strategy, n.d) II. Employee Relations It is very important to have a good employer employee relationship as it helps in communicating issues, views and other requirements. Managers play a crucial role in maintaining good employee relations. The public sector organization considered is the British Council. This organization has well laid staff policies and procedures which includes the following- The employer employee relationship Industrial relations Grievances Discipline Confidentiality and Integrity The supervisors of the British council are given the primary responsibility in managing staff; recruitment; motivation; health safety and staff welfare; recognition and reward programs. At the British Council, the employee relations are based on equality of opportunity. There is a two way communication between the employees and the management. If there has been any deviation in the British Council policy, the reason must be clearly justified to the human resource department. There are number of factors that affect the relationship between the employees and the supervisors such as- Policies and procedures of the company Company’s internal values and standards Contractual agreement Social norms One of the main important employee policies is to provide equal opportunities to all irrespective of

The Human Beings and the Evolutionary Process Essay

The Human Beings and the Evolutionary Process - Essay Example The names and contributions made by Lamarck and Darwin appear to be at the top of the list of the anthropologists-theorists rendering the most noteworthy services in the discipline of evolution and biological-cultural anthropology. Renowned nineteenth-century English biologist-naturalist Sir Charles Darwin (1809-82) presented his distinguished Theory of Evolution in his illustrious work On the Origin of Species (1859), where he articulated the unique idea that humans could have shared the same ancestry associated with the other species existing on the face of the earth. By this Darwin perhaps does not mean to challenge the Biblical mythology or ridiculing the religious beliefs in order to hurt the sentiments of the followers of Abrahamic faiths (i.e. Judaism, Christianity, and Islam). On the contrary, he just looks for elucidating the relationship between man’s physical and mental growth through adaptation according to the changes taking place within the natural, physical and social environment. In other words, Darwinian anthropology asserted a meaningful relationship between the workings of nature and the conscious actions of animal breeders (Marks 1999). Though aptly criticized by Darwin’s contemporary theologians and dogmatists, he was not the pioneer in respect of articulating the evolution theory. On the other hand, his predecessor Jean-Baptiste Lamarck (1744-1829) had already presented the similar notion that various species, including the human beings, observe significant transformations in their biological and social traits according to the physical and cultural phenomena existing around them. Not only this that the species adopt these changes according to the circumstances, but also they maintain the ability to transfer the same characteristics to their young ones through a hereditary process (Bowler 2003). Somehow, Darwin dedicated himself in respect of unearthing the realities regarding the changes species experience during the course o f time. These changes, according to the theorist, occur because of the biological needs and requirements of the species. Darwin claims to have followed the induction canon, according to Ayala (2009), prevalent among his contemporary British philosophers and economists, including J.S. Mill, Francis Bacon, and others. Hence, he concentrated upon multiple similar species and applied his hypothesis upon different species too in order to draw out conclusions paving the way towards his marvelous theory of evolution seeking one and the same ancestry for the species sharing similar physical traits. Darwin accumulated scientific evidence in support of his evolution theory by concentrating upon two points; first, whether or not evolution has taken place in the biological and social life of the individuals; and secondly whether the evolution has undergone various stages for adopting the present shape and form developed by the species. Consequently, the in-depth investigation made by this great science giant i.e. Darwin was not confined to mere speculation or the limited study confined to some specific species only. Rather, the study focused upon insects and mammals, vertebrates and invertebrates, fowls and fish, and animals and fish at large. Though the dogmatists opposed Darwinian perspective to a great extent.

Research Methodology, Design & Process Essay Example | Topics and Well Written Essays - 6000 words

Research Methodology, Design & Process - Essay Example While the circumstances might seem extremely divergent, the necessity for speed and efficiency is universal to the healthcare profession and the ongoing need to increase the delivery of services at reduced cost. Thus, two commonly available drug treatment options are evaluated. SELECTION PROCESS In order to find articles of relevance, exhaustive searches of nursing journals, and surgical scientific journals were conducted to arrive at the two articles subject to critique. Same Day surgery and shock treatment are useful keywords. In some cases, when conducting extensive library research, online sources can easily supplement library searches beyond what can be achieved through the normal library reference system. If working in a library, a possible strategy is to identify the names of all journals that might possibly be relevant to the topic at hand, then using an online source to find the websites of those journals, as which time further searches can be conducted. Online searches of t he websites of technical journals can produce exact page numbers of articles relevant to any scientific topic, allowing the researcher to pinpoint the physical location of useful articles within the actual library. The articles chosen were felt to be highly relevant, both in terms of ongoing research and in regards to professional goals. CONTEMPORARY DAY SURGERY: PATIENTS' EXPERIENCE OF DISCHARGE AND RECOVERY Contemporary day surgery

Why is there oil in Angola What is the geology of the Area How and Essay

Why is there oil in Angola What is the geology of the Area How and when did the land form The common point with other african countries with oil - Essay Example In the coastal basin series that are found on Angola’s western margin, there lies cretaceous to Pleistocene marine sediments. Angola’s most mineral potential apart from the gas reserve, and its oil, has a relationship to the Precambrian shield, and these has been found to outcrop over a larger parts throughout the country. After oil and gas, Angola’s next most important resource is diamond (Arthur, et.al, 2003). The Precambrian basement also has a relationship by which the diamonds are distributed. The kimbelite pipes that are of crustaceous age have been instrumental in bringing the diamonds close to the surface. The kimberlite pipes are arranged along a structural trend of about 1200 km in length and in the north easterly direction, they have been witnessed to intersect the Precambrian shield. There have also been found to the existence of carbonates that have been instrumental in offering the exploration of minerals that are associated with carbonates such as the rare earths and the fluorites. Along certain parts of Angolan pre Cambrian shield, there has been found the occurrence of fold belts that are three in number. This fold belts have been found to be associated with ores such as polymetallic copper of the copper belt type (Fullagar, West & National Science Teachers Association 2011). Angola’s important gas and oil reserves are mainly hosted by the presence of marine coastal basins. These basins are mainly of lower Quaternary to Cretaceous age. In addition, these coastal basins are also associated with other mineral deposits such as copper, bitumen, and various chemical and industrial deposits such as potash, phosphate, sulphur, gypsum and limestone. In the south eastern parts of Angola the area is extensively covered by deposits of Kalahari sand. These deposits have been found to mainly contain lignite

Impact of NAFTA on the US economy Term Paper Example | Topics and Well Written Essays - 1000 words

Impact of NAFTA on the US economy - Term Paper Example economy over a period of time with respect to U.S. trade balance, employments, jobs, and wages. NAFTA and its impact of United States Economy According to Teslik (2009) NAFTA, implemented in January 1994, and signed by Democratic President Bill Clinton, is a trilateral free trade deal between United States, Canada, and Mexico. The primary objective of the agreement is to eliminate several tariffs on products traded among the United States, Mexico, and Canada. Terms of the agreement were aimed to eliminate these tariffs in a gradual manner. The agreement was not fully implemented before 1 January, 2008. The deal phased out export tariffs in several industries, in particular, agriculture, and reduced taxes on textiles and automobiles. NAFTA implemented intellectual property protection, instituted a dispute regulation system, and established regional labor and environmental safeguard. However there is some criticism and lobbying when it comes to establishing regional labor and environme ntal safeguards (What is NATA? para. 2). NAFTA’s impact on trade Since NAFTA’s implementation, trade relation between United States, Mexico, and Canada have diversified substantially. However, there is expert’s disagreement on the extent of such expansion which is directly associated with NAFTA (Teslik, 2009, para.6).According to the data from the office of the U.S. Trade Representative (USTR) as Teslik (2009) states: The United States chief negotiator in foreign trade and major booster of NAFTA and other free trade accords, the overall value of intra-North American trade has more than tripled since the agreement inception. The USTR adds that regional business investment in the United States rose 117 percent between 1993 and 2007, as compared to a 45 percent rise in the fourteen years prior period. Trade with NAFTA partners now accounts for more than 80 percent of Canadian and Mexican trade, and more than a third of U.S. trade. (para.6) Trade deficit and unemplo yment NAFTA’s impact on U.S. economy has been subjected to the â€Å"boom-and-bust† cycle that directed domestic consumption, investment, and speculation in the mid- and late 1990s.Between 1994 and 2000, there was rapid increase in employments in the United States which caused substantial decrease in an overall unemployment rate. However, unemployment rise in 2001 resulted in the loss of 2.4 million jobs in domestic economy during March 2001 and October 2003(Bureau of Labor Statistics, 2003 as cited in Scott, 2003, p.3).The primary sector of these job losses was manufacturing which underwent a total decline of 2.4 million jobs since early 2001.With the dried job growth in the economy, other underlying issues stemming from U.S. trade deficit became more evident, particularly in manufacturing sector (Scott, 2003, p.3). After three decades of steadily growing global trade deficit, United States experienced rapid increase in these deficit after the implementation of NAFTA in1996.In 2002,foreign exports constitute 11.6 percent of total U.S. exports to Mexico and Canada(Scott,2003,p.3).Though, U.S. domestic exports to NAFTA partners experienced a dramatic increase(95.2 percent to Mexico, and 41 percent to Canada), increase in imports of 195.3 percent from Mexico and 61.1 percent from Canada exceeds the exports growth overwhelmingly(EPI analysis of BSL and Census Bureau as cited in Scott,2003,p.3).As a result,$30 billion U.S. net export deficit with Mexico and Canada increased by 281 percent

Comparitve study of inter-personal relationship as potrayed in madame Essay

Comparitve study of inter-personal relationship as potrayed in madame bovary and siddhartha - Essay Example Due to her blind faith in the materialistic and fabricated relationships she overlooks the real love of Charles Bovary and gets deceived. For instance, she does not recognize the wrong intentions of Rodolphe, who used her to satisfy his sexual desires, and assumed that he loves her. Dr. Charles Bovary’s observation of reality is also impractical. He thinks that living means just to survive. As a result, he is deficient in interest, enthusiasm, strength and joy. He is so insensitive to his surroundings that he remains unaware of the obvious mistakes and relationships of Emma, Homais, Lheureux, and other characters. However, regardless of his unresponsive nature he possesses qualities like sincerity, faithfulness and honesty. On the other hand the character of Siddhartha is not in love with the materialistic world like Emma. He is instead in the search of spiritual love and considers finding this love his destiny. The character as portrayed by the author reaches limits to find t hat love in the story as he leaves behind many things in finding it. This essay would revolve around the two major characters in these novels (i.e. Siddhartha and Emma) and would analyze the relationships both have in the story in accordance to their nature. The relationships that they have with other characters would also be analyzed. It would also tell how both of them are different and similar to each other in their actions. Siddhartha is the novel whose major idea is that pleasure comes from spiritual peace. In the novel, the central character tries to find peace, which is at last attained after going through a number of different phases of life. The first phase is that of his childhood which he spent as an orthodox Brahmins child. In this period, he studies the scriptures and performs ritual sacrifice. In the second stage he follows Samanas and learns about thriftiness and self-discipline. The third stage lets him learn the

The 60's Societal customs and norms of the period (such as gender Essay - 1

The 60's Societal customs and norms of the period (such as gender roles, and. Also what is the collective view on God during this era) - Essay Example The evident changes ranged from values, education, laws, lifestyles, and entertainment. As the article The groovy 1990’s discusses, the 1960’s was a decade in which gender roles were thoroughly questioned. Inspired by the success of the civil rights movement, women in America and elsewhere around the world had set out on a quest to convert the ensuing quest for racial equality to a pursuit for women’s rights. Access to a credit, equal pay, and equal rights amendments were some of the agendas that were being pursued. A notable feature of this era was the escalation in the popularity of the birth control pill. Besides being an affordable tool for curbing unwanted pregnancies, the pill became a symbol of female emancipation. Having acquired unrestricted access to the pill, women had finally managed to gain increased control over their future. Not only did they now have the power to pursue long term jobs, they also had the ability to pursue higher education and compete for careers previously preserved for men. Besides the pill, the rise of feminisms wa s another notable feature in the fight for a shift in gender roles: Throughout the 1960’s, women groups such as New York Radical Women and the New York Radical Feminists emerged to challenge male supremacy both within the family and the political arena. According to the book The Age of Contradiction, the first two years marked the emergence of the phenomenon, â€Å"radical feminist† (â€Å"1998 Howard Brick†). Musically, it was a decade characterised by a surge in the celebrity culture and celebrity worship. Taking a departure from earlier decades in which great musicians were merely appreciated, the 1960’s ushered in a new era in which musicians became the ideal representation of success and fame; musicians were now the only standard against which one’s fame could accurately be measured. It was thus a decade in which musicians such as Elvis Presely, Jack Kennedy

“Helping the Homeless” Critical response Essay Example for Free

â€Å"Helping the Homeless† Critical response Essay Homeless is a common feature in most developed countries. It has existed for a long time often we choose not to see the homeless, or bother with them, so we look the other way. Homeless is not prejudice toward race, creed or religion, it has no boundaries. Don’t look at the at them and judge them like they are all bad person, they are all lazy that’s why they become the homeless. Look at their past and listen to their story because not all of homeless people are bad. â€Å"Helping the Homeless† by Malcoln Feeley will show us about it because he was to the one of the homeless. Feeley had been the homeless in a few years because he was an alcoholic and lost his job, even his family. He lived on the streets, under the bridge and slept in the park. He met a lot of good friends that they all had the same problem. They all like brothers, they shared the food, and drink to someone really need. They took care; help each other to survive every day in their life. â€Å"We shared bottles and food when someone didn’t have anything, and we watched each other’s back†. They also were a good people, a hard worker, with a fully decent and be honest to everyone. The reason they became a homeless because the job are not available as they were back in the day. People are losing their homes, jobs and credit so they couldn’t pay rent for house, pay the basic things that they need in life. They couldn’t find any help from people to help them find a job, even with the less payment. â€Å"Other homeless, through no fault of their own, have lost their jobs and can’t pay rent. Many are war veterans who returned with emotional or physical problems that prevented them from holding jobs or fitting back into society†. Some people got back from war with damaged about physically, mentally with disable to working, what could they do to survive in our life? Nowhere or any company want to hire them because they think those people can’t work, but a good person always stays inside of them, they didn’t rob nor did a bad thing to make money to survive while they were a homeless, they are not how people thinking. â€Å"Young people who run away from home or believe living on the streets is an adventure are among the transient homeless who come, eventually leave, and are replaced by an endless flood of alienated youth†. Some people they chose to live in the street because they want to be one of them to understand the worth of life that they having, where they can find work from the street. They are just a people who are down on their luck. People are always so quick to judge them. Many of them are just normal people who’ve been dealt a bad hand. Some of them can turn out to be very put together, successful members of society it given the right opportunities. They need our help although it is a really small thing, It will make a big different. Like the author said† I help the homeless for one reason: they are my brothers and sisters. And yours.† We should not judge at the homeless people until we get to know them, look at them with all respectful and give them your help because you don’t know that someday in your life you will be one of them.

Purification of Alcohol Dehydrogenase From Bovine Liver

Purification of Alcohol Dehydrogenase From Bovine Liver Jekathjenani Ratnakumaran Namrata Verma Introduction: In the world of chemistry, there are millions of enzymes, but in this lab the enzyme used is bovine alcohol dehydrogenase. This enzyme occurs in various mammalian tissues, but generally found in high concentrations in the organs such as liver and kidney. According to its name Bovine alcohol dehydrogenase, which implicates that it is collectively formed from bovine (cow), alcohol and the enzyme dehydrogenase. The protein was extracted from the liver of bovine. Alcohol is an organic compound which contains carbon atom (single bonds) and hydrogen atoms. This alcohol is available in various forms of liquid and used for a variety of purposes. According to its properties, alcohol is a hydroxyl group which has a sweet odor similar to fruit. Alcohol are further divided and identified into different groups and also they are polar. As they possess hydrogen bonding they have higher boiling points. Dehydrogenase is a type of an enzyme which oxidizes a substrate by a reduction reaction that trans fers one or more hydrogen H- to the electron acceptor which is NAD+ /NADP (nicotinamide adenine dinucleotide) or FAD Flavin coenzyme (Shibusawa et al, 2004). Collectively, it forms alcohol dehydrogenase, which is ADH persuaded by ethanol and acetaldehyde as they relate to carbon catabolite repression. It is also zinc containing enzyme which is activated by glutathione and EDTA, which contains heavy metals (Pateman et al, 1983). Many organisms contain an alcohol dehydrogenase enzyme which catalyzes the NADPH dependent of aromatic and aliphatic aldehydes into subsequent alcohols and catalyze the reduction of glyceraldehyde to glycerol (Arslanian et al, 1971). Alcohol dehydrogenase contains a several isozymes which catalyze the oxidation of primary and secondary alcohols to convert into aldehydes and ketones (Arslanian et al, 1971). The molecular weight of this enzyme is 39677.13 Da and it is made up of 374 amino acid sequence. The monoisotopic mass of this enzyme is 39651.32 and its p H value ranges between 8.6 to 9.0 with an extension coefficient of 12.6 and an isoelectric point at 5.4, its theoretical pI is 7.46.The alcohol dehydrogenase is also known for its battle against alcohol , its toxic molecules which negotiates with the nervous system so, the body organs which consist of high toxic of alcohol are liver and stomach which converts alcohol to acetaldehyde which is even more toxic substance and further it is conversted to acetate which is utilized by the cells present within our body (Goodsell et al, 2001). So overall, alcohol dehydrogenase converts potentially dangerous molecule into food ustilized by the cells preent within the body.In human bidy, alcohol dehydrogenase can create upto nine different kinds of alcohol dehydrogenase each having different properties. For example in liver beta3 enzyme(Goodsell et al, 2001).These each enzyme is formed of two subunits and they can be mixed and match to create mixed dimerss which are more active.Alcohol dehdroge nates also modifies certain other alcohols with giving outcome of dangerous products such as methanol. These by products are converted into formaldehyde by help of alcohol dehydrogenase (Goodsell et al, 2001). Catalytic activity of alcohol dehydrogenase: NADPH + an aldehyde NADP+ + an alcohol Methods: In order to conduct this laboratory experiment, All the required apparatus and materials were provided during the lab. Certain precautions and safety rules were followed such as gloves, safety glasses and lab coat. This lab was conducted for about duration of 11-12 weeks. According to the article (Arslanian et al, 1971) most of the steps and procedure was followed. Purification of the enzyme was carried out by following up eight steps. Precautions were made while the experiment was performed. Equipments were rinsed with distilled water before starting the experiment. The reagent and buffer solution were prepared with distilled water. All procedures were carried out at 0-40C. Buffer Preparation: The first step involved in the buffer preparation. The stock solution, 0.1M Tris HCl at pH 7.6 was prepared by dissolving 12.14 g of Tris base with 1000 ml of distilled water and the pH was adjusted to 7.6 by adding diluted HCl. The Tris HCl buffer solution with different concentrations such as 10mM (pH 7.5), 40mM (pH 7.6) and 50mM (pH 7.5) were prepared by diluting the stock solution with distilled water. Sodium Chloride elutant buffer (0.16M NaCl) was prepared by dissolving 9.3504 g of NaCl with 1000 ml of distilled water. Preparation of Homogenate: The second step involved the preparation of the homogenate. The bovine liver was homogenized in a Waring blender in 90 ml of 0.32 M sucrose in 10mM Tris HCl buffer at pH 7.5. Approximately 27.39 g of sucrose was added in 250 ml of 0.01M Tris HCl to make 0.32M sucrose in 10mM of Tris HCl at pH 7.5. The homogenate was centrifuged at 15000 RPM for 30 minutes using centrifuge-Sorvall RC5 refrigerated centrifuge SS 34. Ammonium Sulfate Fractionation: Step three involved ammonium sulfate fractionation. The homogenate was 35% saturated and equilibrated with ammonium sulfate by dissolving 20.9 g of ammonium sulfate in 250 ml of distilled water. The supernatant was centrifuged at 15000 RPM for 30 minutes and the precipitate was discarded. Then, concentration was increased to 60% saturated ammonium sulfate by dissolving 16.4 g in 500 ml of distilled water. The suspension was centrifuged at 15000 RPM for 30 minutes. The obtained gray pellet was dissolved in 40mM Tris HCl buffer at pH 7.6. Then, the solution was dialyzed against 2L of 0.04M Tris HCl at pH 7.6 for 24 hours and again dialyzed with same buffer for another 24 hours. Performing DEAE-Sepharose Chromatography: The fourth step involved DEAE-Sephrose Chromatography. DEAE-Sepharose column that can hold up to 10ml volume was applied. The column was equilibrated by applying four times of 10ml of 40mM of Tris HCl, pH 7.6 buffer. About 10ml volume of centrifuged and dialyzed material was applied through the column. The column was washed with the same buffer (40mM of Tris HCl, pH 7.6) and then eluted by 40mM of Tris HCl with 50mM of NaCl. About 1 ml volume of twenty fractions of enzyme solution was collected using microfuge tubes. Enzyme Activity Assay: Fifth step involved measuring enzyme activity using a spectrometer. The enzymatic activity was initiated with 1mL of volume of blank solution containing 20  µl of distilled water, 10  µl 33mM of ethanol, 10  µl of 0.26mM of NAD+ and 960  µl of 0.1M of glycine buffer. Enzymatic assay activity was measured by taking total volume of 1000  µl containing 20 µl of enzyme solution, 10  µl 33mM of ethanol, 10  µl of 0.26mM of NAD+ and 960  µl of 0.1M of glycine buffer. The wavelength was set up at 340nm and measured using Cary 50s and 60s spectrometer. One unit of activity equals 1 µmol NADH produced per min based on the absorption coefficient of 6220 mol/l/cm for NADH at 340 nm. The above procedure was repeated for kinetic analysis and the range of ethanol concentration used was 20 to 25 mM. The observed data were fitted using Lineweaver -Burk kinetic plots. Gel filtration: The sixth step involved gel filtration. The enzyme was precipitated by 62% saturated ammonium sulfate and dissolve in 10ml of 50 M Tris-HCl, pH 7.5. The suspension was centrifuged for 20 min at 10000 RPM. Then, the column of Sephadex G-50 was run with 10 ml of enzyme solution. The column was equilibrated and washed with 50 M Tris- HCl buffer, pH 7.5. Then, the column was eluted by 50mM of Tris HCl with 50mM of NaCl. Around 10 fractions were collected at the rate of 1 ml/min in a microfuge tube. The highest highest specific activity fractions were precipitated by 62% saturation with ammonium sulfate. In the final step, the enzyme was redissolved in 5 ml of same buffer and apply to the column of Sephadex G-50 under the same conditions. Again, the highest specific activity fractions were precipitated by 62% saturation with ammonium sulfate. Performing CM-Sephadex chromatography: The precipitated enzyme was dissolved in 1 ml of potassium phosphate buffer contain 0.02M of NaCl, pH 7.0 and the enzyme solution was dialyzed against the same buffer for 2 hours. 10ml of non diffusible material was applied to a CM-Sephadex column. Then, the column was equilibrated with the same buffer. Then, the enzyme was eluted from the column with two column volumes of 0.16 M of NaCl (20ml). 10 fractions were collected and precipitated with 62% saturated ammonium sulfate. Bradford Assay: The eighth step involved Bradford Assay. The data (absorbance) observed from Bradford Assay Standards was used for calculating the mass of BSA in  µg. The final step used in this experiment was SDS PAGE method. About 20 µl of enzyme with loading buffer was loaded on the gel and by observing the gel, the mass of the protein was calculated. Results: Bovine Alcohol Dehydrogenase (ADH) was purified by following up few methods. The experimental results were observed and recorded for appropriate methods. Using DEAE Sepharose Chromatography, fractions were collected and all the fractions were appeared colorless. The enzymatic assay activity was measured at 340nm using spectrometer. The figure 1 indicates that the enzyme activity was increased by absorbing the NADH. The highest specific activity was selected based on the graph obtained in the enzyme kinetic activity. However, this method failed, resulting no increased activity. The enzyme kinetic activity had done for all the fractions, but none of them shown the accurate result. The graph obtained from the spectrometer does not show the increased activity of the enzyme to conclude the presence of protein. The result of the enzyme activities of collecting fractions was shown in figure 5, 6, 7, 8 and 9 respectively. However, the Bradford assay method was performed and the absorbance of the standards and the enzyme were recorded in the following tables. Based on these values, the graph of standard curve of absorbance versus mass of BSA was plotted. Table 1: The following table represents the recorded values of absorbance at 540 nm and calculated the mass of the BSA using the Bradford assay method Figure 1: Represents the enzymatic activity obtained from the purified protein ADH after ammonium fractionation method had performed and the peaks are showing that activity is increased. The above plot was obtained at 340 nm using Cary 50s-60s spectrometer and it was run as two parts for 4 minutes. Figure 2: Represents the standard curve of A595 versus mass of ADH protein obtained from the Bradford assay method. From the slope value obtained from the curve, the mass of the ADH protein was calculated. The mass of the protein calculated from the figure 2 is 4.766  µg and concentration of the protein is 4.766  µg / 25  µl SDS-PAGE method: Table 2: Represents the recorded values of SDS-PAGE method for the determination of molecular weight of the ADH purified protein Protein Molecular weight (Dalton) Log (Molecular Weight) Mobility (cm) Strand 1 60000 4.778 4.8 Strand 2 50000 4.699 5.1 Strand 3 40000 4.602 6.5 Strand 4 25000 4.398 7.0 Strand 5 20000 4.301 9.3 Figure 3: Represents the SDS-PAGE analysis of purified protein bovine Alcohol Dehydrogenase (ADH). The graph was plotted with log of molecular weight versus mobility of protein based on the SDS-PAGE values. Figure 4: Represents the single band on an SDS-PAGE gel (9th lane). This figure shown the proof of the protein ADH present in the enzyme solution and mass of the protein was calculated based on the obtained SDS-PAGE results. From the figure 3 and 4, the mass of the protein calculated is 345143.74 Da Figure 5: Represents the enzymatic activity obtained in the fraction 9th of the purified protein ADH and the peaks are obtained at 340 nm using Cary 50s-60s spectrometer. Figure 6: Represents the enzymatic activity obtained in the fraction 10th of the purified protein ADH and the peaks are obtained at 340 nm using Cary 50s-60s spectrometer. Figure 7: Represents the enzymatic activity obtained in the fraction 12th of the purified protein ADH and the peaks are obtained at 340 nm using Cary 50s-60s spectrometer. Figure 8: Represents the enzymatic activity obtained in the fraction 13th of the purified protein ADH and the peaks are obtained at 340 nm using Cary 50s-60s spectrometer. Figure 9: Represents the enzymatic activity obtained in the fraction 14th of the purified protein ADH and the peaks are obtained at 340 nm using Cary 50s-60s spectrometer. Discussion: According to the experimental study, the outcome results were not satisfying, so overall the experiment was not successful it failed. Based on the SDS-PAGE, ADH purified protein was not much visible clearly on the gel. Proteins are viewed as bands. SDS-PAGE results indicates that smaller protein molecules are at the bottom of the gel and larger molecules are at the top of the gel. This is showing that SDS-PAGE gel separate the protein molecules based on the size and mass of the protein. Most of the protein bands are viewed in between the molecular weight, 100 kDa and 30 kDa. Determining mass and purifying the protein, Bovine Alcohol Dehydrogenase using the Bradford assay and SDS-PAGE procedure was conducted successfully using this experiment. The result obtained in the SDS-PAGE and Bradford Assay are differ from the standard value and the concentration of the protein was determined using these methods. Based on the molecular mass on the EXPASY website, the standard molecular mass of the ADH protein is 39677.13 Da. The experimental mass of the ADH protein is 345143.74 Da. The mass difference is a large number. This could occur due to the experimental errors. The experimental errors can be avoided by handling equipments and following the instructions in a proper manner. Predicting the protein band on SDS-PAGE gel could cause the error. Moreover, the purification method such as DEAE Sepharose Chromatography was performed to test the enzyme activity of the protein. The obtained results are shown as a figure 5, 6, 7, 8 and 9 in the results section. The overall results obtained in these figures indicated that the experiment was not turned successful. The figure 5, 6, 7, 8 and 9 shown that enzyme activities are decreasing and wiggling. They are not constantly increasing or decreasing. Therefore, it was concluded that the purification of the enzyme was not turned positive and it could be due to the human errors occurred while conducting the experiment. This could be po ssible due to various reasons such as, during measurements for making the solution at the very beginning may be the concentration required was not appropriate, due to human error it was not properly mixed. It could also be possible that while grinding the liver , certain chunks of the liver were still not properly collected due to which the amount of liver used was not effective to obtain supportive and positive results.The variability of the results presented here is loss of certain atoms during the process of purification as their was no enzyme activity observed.The substrate studies of the alcohol dehydrogenase isolated from the bovine liver have demonstrated the hydrophobic site for binding alcohol (Arslanian et al, 1971). The article mentioned that the buffer that has a low ionic strength is used for the enzyme adsorbtion which caused the incomplete deactivation of enzymes and it was proven evidently (Arslanian et al, 1971). Moreover, as there is no enzyme activity measured in step 5 (DEAE- Sephrose Chromatography), the gel filtration and CM-Sephadex Chromatography method was not performed for this study. The enzyme purification might get succeeded if the study has performed these two methods. The article mentioned that gel filtrations on Sephadex G-100 has successive ability to separate the enzyme from non enzyme protein (Arslanian et al, 1971.) For further studies, more information is required before conducting the study as well as the time allotted was less, due to which it could suggest certain results and test were not done at the appropriate time. In conclusion, the study was conducted by following the method listed in the article. This studys report discussed the properties and successful method for the purification of enzyme, Bovine Alcohol Dehydrogenase. Even though article procedures were followed, errors occurred which resulted in deviations in results. However, the methods of Gel filtration and CM Sephadex Chromatography where successive but could not be conducted in this lab because the enzyme activity was limited after DEAE Chromatography was performed. More caution should have gained while conducting the experiment. It is emphasized that further research on enzyme purification method could improve the results and find success in the study. Appendix: Sample calculation 1: Volume of one microliter= 0.001mL Volume of 20 microliter= (0.001 ml x 20  µL) / 1  µL = 0.02 ml Therefore, mass of protein in 1mL of stock solution= 0.10 mg Mass of protein in 0.02 ml of stock solution = (0.10 mg x 0.02 ml) / 1 ml = 2 x 10-3 mg To convert mg to  µL, multiply by 1000, Mass of protein= 2 x 10-3 x 1000 = 2  µg Absorbance of the ADH purified Protein, y = 0.2544 Slope Line of equation: Y=mx+b Y= 0.0505 x + 0.0137 0.2544 = 0.0505 x + 0.0137 The mass of the protein, x = (0.2544 0.0137) /0.0505  µg = 4.766  µg Concentration of the protein, C = mass/ volume = 4.766  µg / 25  µl = 0.19  µg/  µl Total mass that recovered= Conc. X Total volume = 0.19 x 1000  µl = 190.64  µg SDS- PAGE method: Absorbance of the ADH purified Protein, y = 0.2544 Slope Line of equation: Y= mx+b Y= 6.0902 x + 33.982 0.2544= 6.0902 x + 33.982 X= (0.2544 33.982) / 6.0902 = 5.538 The mass of the protein = 105.538 = 345143.74 Da References: Arslanian,M.J., Pascoe,E,. and Reinhold,J.G., (1971) Rat Liver Alcohol Dehydrogenase.Dept. of Biochem.School of Medicine, American University of Beirut.125,1039-1047. Alcohol Dehydrogenase(ADH)The university of Minnesota Biocatalysis/Biodegradation Database.Calzyme. Lab.inc. Shibusawa,Y.,Fujiwara,T.,Shindo,H., andIto,Y. (2004) Purification of alcohol dehydrogenase from bovine liver crude extract by dye-ligand affinity counter-current chromatography, J. Chromatogr. B. Analyt. Technol. Biomed. Life Sci.799(2):239-44. Pateman,J.A., Doy,C.H.,Olsen,J.E.,Norris,U., Creaser. E.H., and Hynes,M.(1983) Regulation of Alcohol Dehydrogenase (ADH) and Aldehyde Dehydrogenase (ALDDH) in Aspergillus nidulans.Proceedings of the Royal society.Bio.Sci.217, 243-264. Ward,W.W., and Swiatek,G.,(2009) Protein purification.The state University,, Scool of Environmental and Biology Science,Department of Biochem. And Microbio.76,1- 21. Goodsell,D.(2001) Alcohol Dehydrogenase.Molecule if the month. RCSB.Protein Data Bank.doi: 10.2210.

The Factors affecting dividend payout policy

The Factors affecting dividend payout policy INTRODUCTION Dividend policy in the firm has been the major matter for recognizing how managers set dividend ratio and change dividend given to stockholders. The existing literature on dividend payout ratios provides firms with no generally accepted prescription for the level of dividend payment that will maximize share value. Black (1976) in his study concluded with this question is that what the corporation should do about dividend policy. It has been argued that dividend policy has no cause on either the price of a firms share or its cost of capital. Thus, extensive studies were done to find out various factors affecting dividend payout ratio of a firm. The setting of corporate dividend policy remains a troublesome issue and involves ocean deep judgment by decision makers. The behavior of dividend policy is the most debatable issue in the corporate finance literature and still keeps its prominent place both in developed and emerging markets. Many researchers try to uncover the issue regarding the dividend behavior or dynamics and determinants of dividend policy but still dont have an acceptable explanation for the observed dividend behavior of firms (Black, et.al (1976), Allen and Michaely, 2003 and Brealey and Myers 2005). One of the well known explanations of dividend behavior is the smoothing of firms dividends vice versa earnings and growth. Linter (1956) found that firms in the United States adjust their dividends smoothly to maintain a target long run payout ratio. Numerous studies appeared after this work and facts suggested that the dividend policy of the companies varies from country to country due to various institutions and capital market differences. The study examined the relationship between determinants of dividend payout ratios from the context of a developing country like Pakistan. The primary objective of this thesis is to find out whether numerous factors influence the dividend payout ratio of Sugar Sector in Pakistan. The purpose of this study is to investigate the dynamics and determinants of dividend policy of sugar firms in Pakistan. After that it explored how Pakistani firms set their dynamic dividend policies in a different institutional environment than that of developed markets. This study examined whether Pakistani firms follow stable dividend policies as in developed markets or they are going to retain their earnings. The paper also identified the areas of firm level factors that influence the degree of dividend smoothing. This paper indicated that importance of institutional features towards the dynamic of dividend policy and also critical out the advantages of examining the dividend policy in different institutional environments. The outcomes of the thesis provided meaningful and handy information in the role of institutional factors which creates dividend policy at firms level. More than a few studies become visible after this work and evidence suggest that the dividend policy of the c ompanies varies from country to country due to various institutions and capital market differences. The Pakistans capital market and the economy have several important features for examining the dynamics of dividend policy. Firstly Pakistan is moving towards the development and improving the economy position in the world since the 1980. Pakistan capital markets are much better than before. Many studies conclude that firms are likely to pay constant dividend during the high growth period and it is interesting to find that how dynamic dividend policy is determined in growing economy like Pakistan. In fact, in Pakistan the many major investors are still disagreed with dividends and consider stock prices positive reception as the major part of stock returns therefore, it is assumed that investor attitude towards dividends is expected to have an impact on the way in which firms set their dividend policy in Pakistan. Sugar Industry in Pakistan The sugar industry plays an important role in the economy of the Pakistan. It is the second largest industry after textiles. The Pakistan sugar industry is the second largest agro based industry consists of 78 sugar mills with per year crushing capacity of over 6.1 million tones. Sugarcane farming and sugar manufacturing contribute significantly to the national exchequer in the form of various taxes and levies. Sugar manufacturing and its by-products have contributed appreciably towards the foreign exchange resources through import substitution. The Sugar industry employs over 75000 people, including management experts, technologists, engineers, and financial experts, skilled, semiskilled and unskilled workers. It contributes around 4 billion rupees only under the head of excise duty and other levies to the Government are also paramount significance. In the year 2008-09 sugarcane production is estimated at 51.5 MMT, a decrease of 19 percent over the previous year due to both a decline in area harvested and yield. Milling policies and practices, coupled with attractive prices for alternative/competing crops (rice, cotton and sunflower) and insufficient irrigation supplies are major factors limiting crop expansion in the country. In the year 2009-10 sugarcane production is estimate at 53.6 MMT, an increase of 4 percent over the previous year due to an expected increase in area and yield. A shortage of cane supply during the current crushing season led to an increase in cane prices. This situation benefitted growers who received prices higher than the indicative prices announced by the Government. This development is expected to contribute to an increase in sugarcane area and productivity in the ensuing year. Moreover, last years higher production of rice and sunflower led to lower prices received by farmers, thereby encouraging the switch back to sugarcane. Purpose of the Study In Pakistan there were few firms which paid dividend to stockholders constantly. For this explore, the listed sugar firms of Karachi Stock Exchange (KSE) were not able to pay their dividends and which factors are influencing or determining the dividend policy in Pakistan. In this thesis it examined the number of firms various factors and their function in dividends policy. The liquidity of the stock market, is the profitable firms are paying dividends in Pakistan, is the firms with greater investment opportunities pay less dividends in Pakistan, is the dividends and debts are substitutes and the degree of leverage is negatively associated with dividends payments and finally examined the firms with greater cash flows pay lesser dividend in Pakistan. Research Objective Objective of thesis has to find out the relationship between dividend policy and operating cash flow, EBIT, Sales and Debt to Equity Ratio. It is very important for investors to examine the factors of dividend policy that whether they have been impact on the sugar sector of Pakistan or not. Hypotheses Development H1: There is association between CFO and dividend payout ratio. H2: There is association between Debt to Equity and dividend payout ratio. H3: There is association between Revenue and dividend payout ratio. H4: There is association between EBIT and dividend payout ratio Thesis Structure: This thesis is composed of five chapters. The first part of a thesis is introduction (Chapter I).Then after it evaluates and discusses the literature review in (Chapter II), in this chapter it examined the dividend payout policy of Pakistan and the main factors that influenced on it, theories, models put forward by many well-known authors is examined various studies. In (chapter III), it explained research methods and sample in detail. (In chapter IV),examined the dividend payout policy and the main indicators that affect the dividend payout policy of listed firms on the Karachi Stock Exechange 100 over the period 2003-2008 and present the interpretation of results. Finally in Chapter V, we present and discuss the main contributions and conclusion, implication and recommendation of this thesis. CHAPTER-2 LITERATURE REVIEW Naceur (2006) found that the high profitable firms with more stable earnings can manage the larger cash flows and because of this they pay larger dividends. Moreover, the firms with fast growth distribute the larger dividends so as attract to investors. The ownership concentration does not have any impact on dividend payments. In Indian case Reddy (2006) showed that the dividends paying firms are more profitable, large in size, and growing. The corporate tax or tax preference theory does not appear to hold true in Indian context. Amidu and Abor (2006) found dividend payout policy decision of listed firms in Ghana Stock Exchange is influenced by profitability, cash flow position, and growth scenario and investment opportunities of the firms. Lease (2000) the firms should follow a life cycle and imitate managements assessment of the importance of market imperfection and factors including taxes to equity holders, agency cost asymmetric information, floating cost and transaction costs. Linter (1956) studied and developed a compact mathematical model based on survey of 28 well established industrial U.S. firms which is well thought-out to be a finance classic. According to him the dividend payment pattern of a firm is influenced by the current year earnings and previous year dividends. Linters (1956) study of dividend policy found that a firms bottom line net income is the key determinant of dividend changes, which in his sample are largely dividend increases since he primarily surveys healthy firms. If one can extrapolate this finding to dividend decreases, it implies that low bottom line earnings drive dividend reductions. Jensen (1986) argued that debt is an effective substitute mechanism for dividends in this respect. By issuing debt instead of equity, managers give bondholders the right to take the firm into bankruptcy court if managers do not maintain their promise to make the interest and principal payments. This substitutability between debt and dividends as alternative mechanisms for reducing the agency costs of FCF implies that firms that use low debt ratios will tend to follow a policy of high- dividend payout. Alli (1993) the liquidity or cash flows position is also an important determinant of dividend payouts. A poor liquidity position means less generous dividends due to shortage of cash. It reveals that dividend payments depend more on cash flows, which reflect the companys ability to pay dividends, than on current earnings, which are less heavily influenced by accounting practices. They claim current earnings do no really reflect the firms ability to pay dividends. Farzad Farsio and Amanda Geary (1983) in their research the relationship between Dividends and Earnings say that dividends have no explanatory power to forecast future earnings. They presented four cases for possible effects of earnings on future dividends and show that there should be no significant relationship between dividends and future earnings in the long run. The contribution of this study is that it provides financial managers and investors with evidence that it would be a mistake to base investment decisions on inferences about dividend/earnings relationships that rely on some certain short-term periods. John and Kalay (1982) Debt agreement to minimize dividend payments are necessary to prevent bondholder wealth transfers to shareholders. An additional way dividend payout ratio affects agency costs is the reduction of agency cost through increased monitoring by capital market. Analysis shows the positive association among profitability and dividend payout ratio, corporate tax and cash flows. The study also suggests that when the liquidity of companies increases the companies disburse more dividends. The companies with dynamic profitability find out hard to disburse dividends. Last but not least, conclusion of the study shows that cash flow, profitability, growth and investment opportunities influence the dividend payout policy. Amidu and Abor (2006) conducted and they have taken the Payout Ratio as dependent variable and defined as dividend per share divided by earning per share. The included the explanatory variable profitability(profit), risk(risk), cash flows (cash), corporate tax(tax), institutional holdings(INSH), Sales Growth and Market to Book value(MTBV). By using the Panel data which involves the pooling of observations on a cross sectional of unit over several time periods and provides the results that are simply not measurable in pure cross-sections or exact time series studies. Because the panel time series is different from a regular time series or cross section regression equation and each variable use the double subscript in the data. Jensen (1986) concluded that funds remaining after financing all positive net present value projects cause conflicts of interest between managers and shareholders. Dividends and debt interest payment decrease the free Dividend payout ratios in Ghana cash flow available to managers to invest in marginal net present value projects and manager perquisite consumption. Crutchley and Hansen (1989) examined the hypothesis that financial leverage, dividends and managerial ownership are jointly determined by firms attempts to minimize the total agency costs of debt and equity. Chaplinsky and Niehaus (1992) examine whether managerial ownership share and financial leverage common determinants. In addition to the agency costs of debt and equity, they also assess whether these decisions are governed by the tax advantage of debt, the costs of issuing securities and the demand for risk sharing by insiders. Avazian (2006) conducted the study on United Stated listed firms at NYE and find that decision to smooth dividends depend at the part of public market access as proxies by the rating of bonds. In their study dividend payment is the optimal for firms raising debts in the public Unknown bond markets but not for firms in the private informed bank markets. In this logic the dividend decision is related to information asymmetric between the managers and the creditors of the firms. Pruitt and Gitman (1991) found that risk (year-to-year variability of earnings) also important factor firms dividend payout ratio. A company that has constant earnings is often able to forecast approximately what its future earnings will be. Company is therefore more likely to pay out a higher percentage of its earnings than a firm with unpredictable earnings. The liquidity or cash flow from operation is an important factor of dividend payouts policy. A less liquidity position means less generous dividend due to shortage of cash. He exposed that dividend payments depend more on cash flows, which reflect the companys ability to pay dividends, than on current earnings, which are less heavily influenced by accounting practices. They claim current earnings do not really reflect the firms ability to pay dividends. (Alli, 1993) Green (1993) questioned the irrelevance argument and investigated the relationship between the dividends and investment and financing decisions. Their study showed that dividend payout ratio is not totally decided after a firms investment and financing decisions have been made. Dividend decision is taken along investment and financing decisions. Higgins (1981) indicated a shortest link between growths and financing needs, speedily growing firms have external financing needs because working capital needs usually exceed the cash flows from new sales. Daniel (2007) conducted the study that they found that firms are more likely to manage their earnings upward when their earnings would otherwise fall down of expected dividend levels. The earning management behavior significantly impacts the likelihood of dividend cut. The firms made discretionally accruals because reported earnings to exceed the expected dividend levels are significantly less likely to cut dividends than those firms whose reported earnings fall down of expected level of dividends. They conclude that managers treat expected dividend levels as a vital earning threshold. Higgins (1972) and McCabe (1979) et.al the leverage (Lev) also influenced the dividend behavior of the firm, if the level of the leverage is high that mean the firm is high risky in the cash flows. The negative effect of leverage on dividends payments is documented in the literature, finds that the firms with higher leverage pay lower dividends in order to evade the cost of raising external capital of the firm. Lintner (1956) founded that past dividends of the companies and current earnings are the key determinants of current dividends and managers prefer to maintain stable dividends and make cyclic adjustments toward a target payout ratio. Arditti (1976) carried out research in order to evaluated dividend policy with respect to taxes and uncertainty. The purpose of this paper has been to tackle the distressing dilemma of the zero dividend solution by clearly incorporating MMs original proposal that dividends have an information aspect that is of potential worth to investors. The analysis of ambiguity they have offered is only one of many possible hypotheses which can account for the experimental fact that companies naturally do not take on intense dividend policies. Arnott and Asness (2003) suggested that a higher payout ratio results in low future growth, based their study on America stock market it founded that higher aggregate dividend payout ratios were associated with higher future earnings growth. Modigliani and Miller (1985) carried out research to evaluate dividend Policy under asymmetric information. The Standard finance model of the firms dividend/investment/financing decisions gives manager more appropriate information regarding the firms current earnings. The purpose of research is to replace the assumption built by Miller and Modigliani that the outside investors and inside managers have the same information about companies profit and future income with the assumption that inside managers know more than outside investors about the actual situation of firms current earnings. James A. Gentry (1990) informed about free cash flow analysis, showed that the financial position of a company depends upon its ability to generate net operating cash flows that are sufficient to cover up a hierarchy of cash outflows. The profiles generated from a large sample of companies show that relative cash flow components vary across company size and across industry groups. The researcher hopes that these profiles will serve as benchmarks for comparing cash flow components and encourage financial analysts to use cash flow analysis. Miller and Modigliani et.al (1961) suggest that in perfect markets, dividend do not affect firms value. Shareholders are not concerned to receiving their cash flows as dividend or in shape of capital gain, as for as firms doesnt change the investment policies. In this type of situation firms dividend payout ratio effect their residual free cash flows and the result is when the free cash flow is positive firms decide to pay dividend and if negative firms decide to issue shares. They also conclude that change in dividend may be conveying the information to the market about firms future earnings. Gordon and Walter (1963) present the bird in the hand theory which says that investors always prefer cash in hand rather than a future promise of capital gain due to minimizing risk. Jensen and Meckling (1976) the agency theory is based on the conflict between managers and shareholder and the percentage of equity controlled by insider ownership should influence the dividend policy. Easterbrook (1984) gives further explanation regarding agency cost problem and says that there are two forms of agency costs; one is the cost monitoring and other is cost of risk aversion on the part of directors or managers. The firm size (SIZE) defined as natural logarithm of total assets is expected to have a positive effect on dividend payouts as large more diversified firm are likely to have very low chance of bankruptcy and can sustain higher level of debt. In investigating the determinants of dividend policy of Tunisian stock Exchange, found that the high profitable firms with more stable earnings can manage the larger cash flows and because of this they pay larger dividends. (Naceur, 2006) Baker (2007) reports that Canadian dividend paying firms are significantly larger and more profitable, having greater cash flows, ownership structure and some growth opportunities. The liquidity or cash flows position is also an important determinant of dividend payouts. A poor liquidity position means less generous dividends due to shortage of cash. Alli et.al (1993) reveal that dividend payments depend more on cash flows, which reflect the companys ability to pay dividends, than on current earnings, which are less heavily influenced by accounting practices. They claim current earnings do no really reflect the firms ability to pay dividends. Megginson and Eije (2006) examined that the dividend paying tendency of fifteen European firms decline dramatically over this period 1989 to 2003. The increase in the retained earnings to total equity doesnt increase the payout ratio, but company age does. The empirical study of Canadian dividend-paying firms found that they try to maintain stable dividends per share, are reluctant to decrease the payout level, and smoothly adjust the level of payout based on level of expected future earnings. (Adjaoud, 1986) Easterbrook (1984) argues that increasing dividends raises the probability that additional capital will have to be raised externally on a periodic basis and consequently, the firm will be subject to constant monitoring by experts and outside suppliers in the capital market. Green (1993) questioned the irrelevance argument and investigated the relationship between the dividends and investment and financing decisions. Their study showed that dividend payout levels are not totally decided after a firms investment and financing decisions have been made. Dividend decision is taken along investment and financing decisions. Partington (1983) revealed that firms use of target payout ratios, firms motives for paying dividends and level to which dividends are determined are independent of investment policy. Lipson (1998) conducted study to examine the factors that derives dividend initiations and earnings surprises, look at the performance of newly firms that started dividends with those that did not. Earnings increases following the dividend initiation and earnings revelations for initiation firms are more constructive than for those non initiating firms. In an economy that charges taxes on investment income, dividends are obviously a disadvantageous means of transferring wealth to shareholders. To validate dividend costs, two clarifications are typically given: dividends are used to solve agency problems inside the firm, or dividends are used to communicate information to the market. H. Kent Baker, Gail E. Farrelly (1983) in their study A Survey of Management Views on Dividend Policy say that the major determinants of dividend payments today appear strikingly similar to Linters behavioral model developed during the mid-1950. In particular, respondents were highly concerned with dividend continuity. Second, the respondents seem to believe that dividend policy affects share value, as evidenced by the importance attached to dividend policy in maintaining or increasing stock price. Although the survey does not uncover the exact reasons for their belief in dividend relevance, it does provide evidence that the respondents are generally aware of signaling and clientele effects. Finally, the opinions of the respondents from the utilities differ markedly from those of the other two industries. Smith and Watts (1992) examined the relationship among executive compensation, corporate financing and dividend policy. They concluded that a firms dividend policy is affected by its other corporate policy choices. Jensen et.al, Solberg and Zorn (1992) linked the interaction between financial policies (dividend payout and leverage) and insiders ownership to informational asymmetries between insiders and external investors. They found that corporate financial decisions and insider ownership are interdependent. Lintner (1956) suggested that the firms have long run target dividend payout ratios and place their attention more on dividend changes than on absolute dividend levels. He also finds that dividend changes follow shifts in long-run sustainable earnings and managers are hesitant to make dividend changes that may later need to be reversed. Managers also try to stabilize dividends and avoid dividend cuts. Linter developed a partial adjustment model to describe the dividend decision process that explained 85 percent of year-to-year dividend changes. Gordon (1959) argued that an increase in the dividend payout raise stock price (value) and lowers the cost of equity, but practical support for this position is weak. Bemstein (1996) maintain that dividend policy makes no difference because it has no effect on either stock prices or the cost of equity. According to Gordon (1959) a higher payout ratio will reduce the required rate of return (cost of capital), and hence increase the value of the firm. Miller and Rock (1985) dividends contain this private information and therefore can be used as a sign device to influence share price. An announcement of dividend increase is taken as good news and accordingly the share price reacts favorably, and vice versa. Only good-quality firms can send signals to the market through dividends and poor-quality firms cannot mimic these because of the dissipative signaling costs. According to Easterbrook (1984) the agency costs thesis predicts that dividend payments can reduce the problems associated with information asymmetry. Dividends may also serve as a mechanism to reduce cash flow under management control, and thus help to mitigate the agency problems. Reducing funds under management discretion may result in forcing them into the capital markets more frequently, thus putting them under the scrutiny of capital suppliers. The tax-preference theory posits that low dividend payout ratios lower the required rate of return and increase the market v aluation of a firms stocks. Because of the relative tax disadvantage of dividends compared to capital gains investors require a higher before-tax risk adjusted return on stocks with higher dividend yields. Higgins et.al indicated that a direct connection between growth and financing needs: growing firms have outside financing requirements because working capital needs normally go beyond the incremental cash flows from new sales. It showed those payouts ratios are negatively related to firms need top fund finance growth opportunities. (Higgins, 1972) De Angelo (2004) conducted a study on dividend policy, agency cost and earned equity. The study told that why companies pay dividends? If they didnt have their assets and capital structure, would ultimately become unsustainable as the earnings of successful firms surpass their investment opportunities. They found that dividend payments prevented major agency problems since the retention of the earnings would have given the managers command over an additional $1.6 trillion without access to better investment opportunities and without any monitoring. This sense suggests that firms with high retained earnings are especially likely to pay dividends. In this view, firms pay high dividend when earned equity to total equity is high, and decline when this ratio declines and when this ratio is zero or near to zero, meaning that firms dont have the earned equity. They finally found that the highly significant association between the decision to pay dividends and the ratio of earned equity to t otal equity controlling for size of the firm, profitability, growth, leverage, cash balance. CHAPTER-3 RESEARCH METHODS As a various factors available in literature review have been identified that they affect the dividend policy decisions of the companies. It includes some important variables in order to achieve at some positive conclusions. Multiple linear regressions model has been developed to conduct the research, which contain of dependent variable and independent variables. Dependent variable in this study has dividend payout that is defined as the percentage of earnings disbursed as dividends. While the independent variables include of profit (EBIT), sales, debt equity ratio and cash flow from operation. These four variables are used as predictors in order to conclude that how much each of the variables affects the dividend payout of sugar firms listed on the Karachi Stock Exchange over the period of eight years (2001-2008). Model: DP = ÃŽÂ ± + ÃŽÂ ²1 EBIT + ÃŽÂ ²2 sales + ÃŽÂ ²3 CFO + ÃŽÂ ²4 DER+ ÃŽÂ µ DP is the annual dividend paid by firms during the period, while ÃŽÂ ± is Alpha constant in the model. Whereas ÃŽÂ ² (beta) shows the times of the variable in the model and ÃŽÂ µ represents the error term. Variables include in the model are Earning before interest and tax, Sales per year, Cash flow from operation and Debt equity ratio. Dependent Variable: Dividend payout ratio: The dividend policy is the one of the very important issue of corporate finance. It developed the dividend model which becomes very famous and known as Linter Partial Adjustment Model. According to the Linter each firms i has target dividend payout ratio. By using the target payout ratio linter calculated the target dividend at time (Dit*) as percentage of net earnings of the firms i at the time t (Eit), i.e Dit*= ri. Eit. John Linter (1956) In this study we used dividend payout ratio as dependent variable. It is calculated by percentage of net earnings of the firms paid at the end of period. The set of determinants of dividend payout ratio consist of following variables. CFO (cash flow), Sales, EBIT (earning) and Debt to Equity Ratio (leverage). Independent Variable: There are four independent variables are used in this thesis to find out their impact on the dependent variable as dividend payout. Operating Cash Flow: The liquidity or cash flows position is also an important determinant of dividend payouts. A poor liquidity position means less giving dividends due to shortage of cash. Alli (1993) reveal that dividend payments depend more on cash flows, which reflect the companys ability to pay dividends, than on current earnings, which are less heavily influenced by accounting practices. They claim current earnings do no really reflect the firms ability to pay dividends. The market liquidity is defined as annual value of stock traded divided by the stock market capitalization. Market liquidity is one of very important factor that can influence the decision or behavior of the dividend policy. Belanes (2007) there is a negative relationship between the market liquidity and dividend yield in Tunisian Stock exchange (TSE). OCF= EBIT +Depreciation-Taxes H1: There is positive impact of CFO on dividend payout ratio. Debt to Equity Ratio (leverage): The leverage has been used as proxy of Debt to equity ratio and variable in this study. Because debt to equity is very important variable for the determinants of dividend policy,if the level of the leverage is high its mean the firm is more risky in the cash flows. The effect of negative leverage on dividends payments is already documented .Higgins (1972) and McCabe (1979) suggested that long term debt had

Chaucers Canterbury Tales - Wife of Bath - Feminist or Anti-feminist?

In view of the fact that the Wife of Bath herself does seem to behave in the manner women are accused of behaving by the anti-feminist writers, it is not impossible that the Wife of Bath's Prologue could be considered a vehicle for the anti-feminist message under the guise of a seeming "feminist" exterior, since her confession is frequently self-incriminating (e.g. her treatment of her husbands, her tendency to "swere and lyen") and demonstrates the truth of the claims made by the anti-feminists even while she is disparaging them and making them look bad -- as in her claim that anti-feminist writers (specifically the "clerks", i.e. learned scholars) are revenging themselves on women because of their own sexual impotence that prevents them from enjoying "Venus werkes", which is rather acute psychological analysis on her part, and extremely persuasive, until one remembers that the clerks are right about her at least, if not about other "wives". Her arguments in favor of marriage, though demonstrating a hearty common sense, are also suspect -- while it is true that marriage peoples the earth and replenishes existing stocks of "virginitee", her own marriages do not seem to have produced any offspring, and while it may be "bet [...] to be wedded than to brinne", her marriages, despite her claim that "in wyfhod I wol use myn instrument", do not seem to have prevented her from "goon a-caterwaw[ing]" and by inference engaging in fornication ("I ne loved nevere by no discrecioun / But evere folwede myn appetit, / Al were he short, or long, or blak, or whit") [good], which is after all what marriage was, according to her, supposed to prevent. Moreover, from the account she gives of her marriages, it becomes increasingly obvious t... ... usual folk stereotypical anti-feminism is shown to be justified in at least her case, the absurdity of the more virulent breed of anti-feminism is made clear by Jankin's book of "wikked wives", an erudite, if rather motley, collection of what are mostly homicidally-inclined females (Clytemnestra, Livilla etc.) that he seems to regard, or at least claim to regard, as the norm. As a result, the Wife of Bath's Prologue should not be dismissed simply as "merely an attack on women and married life"; there is much more ambiguity involved, and it would be inadvisable to ignore the fact that it is primarily a brilliant character-study of an individual rather than a didactical anti-feminist treatise in disguise. Work Cited Chaucer, Geoffrey. The Canterbury Tales. Norton Anthology of World Masterpieces. Ed Mack, Maynard et al. W. W. Norton and Co. New York, NY. 1992.

I.T. and Healthcare Essay -- Technology, Information Technology, Healt

Most people live in rural areas, while the medical community exists in cities. Medical facilitates are increasing the use of information technology database as a collaborative effort within the healthcare communities, on the condition that remote communities have access to the largest healthcare database and treatment information for public health solutions. Technology has shown that communication strategies are changing the way people understand and translate messages. There are no indications that imply technology reduces labor costs, in the healthcare industries. The fundamental economic theories are best used when collaborating with new technologies. As administrators the new electronic age, has brought new invention that are innovative and gives promise to a new generation. This reflects the achievement of information technology in the new generation. Technology has shown that communication strategies are changing the way people understand and translating messages. The growth of the World Wide Web has launched electronic communication assistants, and the interest in wirele...

Adolescent Alcohol Abuse Essay -- essays research papers

Adolescent Alcohol Abuse: What Factors are Present?   Ã‚  Ã‚  Ã‚  Ã‚   Over the years, many researchers have dedicated their time and energy to study adolescent alcohol abuse. They have found that there are many factors that contribute to adolescent alcohol abuse. These factors are psychological, environmental, social, and cultural. Not all of these factors play a part in every adolescent who abuses alcohol, but one of these factors is usually present. Psychological disorders have been found in both American, and Taiwan adolescents who abuse alcohol. The health risks of adolescent alcohol abuse are great. Alcohol affects the physiology of a young person. It disrupts the genetics and hormonal balances that are critical in the early development of youngsters. Treatment of alcohol abuse is a great state of change and development. Many therapists, doctors and counselors are trying to incorporate new treatment ideas and methods into the traditional techniques that have been used for years now.   Ã‚  Ã‚  Ã‚  Ã‚  It is important to research the factors that contribute to adolescent alcohol abuse because if these factors are detected early, and an adolescent is put into a prevention program the likelihood that they will abuse alcohol will greatly decrease. Psychological Factors   Ã‚  Ã‚  Ã‚  Ã‚  According to the research, there have been many psychological problems found in adolescents who abuse alcohol. The majority of the research has been done in order to solve the question of whether or not these psychological factors are present before an adolescent abuses alcohol, or after the alcohol abuse has occurred. In the research done by Rhode, Lewinsohn, and Seeley (1996), they used a community sample of 1,507 adolescents between the ages of fourteen and eighteen. The adolescents were classified into the categories of abstainers, experimenters, social drinkers, problem drinkers, and abuse and/or dependent groups.   Ã‚  Ã‚  Ã‚  Ã‚  In this study, 373 subjects met the criteria for depression, 15 were bipolar, 93 suffered from manic core symptoms, and 124 had an anxiety disorder (Rhode et al., 1996). Furthermore, anxiety disorder and depression were psychological disorders that were more prevalent in female adolescents with alcohol abuse than their male counterparts. Males who abused alcohol tended to suffer from antiso... ...bsp;  Ã‚  Ã‚  adverse life events in adolescents with alcohol   Ã‚  Ã‚  Ã‚  Ã‚  abuse and dependence. Journal of the American Academy   Ã‚  Ã‚  Ã‚  Ã‚  of   Ã‚  Ã‚  Ã‚  Ã‚  Child & Adolescent Psychiatry, 36 (12), 1744-1751. Clark, D., & Bukstein, O. (1998). Psychopathology in   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  adolescent alcohol abuse and dependence. Alcohol Health &   Ã‚  Ã‚  Ã‚  Ã‚  Research World 22 (2), 117-121. Epstein, J., Botvin, G., & Diaz, T. (1999). Impact of social   Ã‚  Ã‚  Ã‚  Ã‚  influences and problem behavior on alcohol use among inner-  Ã‚  Ã‚  Ã‚  Ã‚  city hispanic and black adolescents. Journal of Studies on   Ã‚  Ã‚  Ã‚  Ã‚  Alcohol 60 (5), 595-604. Rhode, P., Lewinsohn, P., & Seeley, J.R. (1996). Psychiatric   Ã‚  Ã‚  Ã‚  Ã‚  comoribidity with problematic alcohol use in high school   Ã‚  Ã‚  Ã‚  Ã‚  students. Journal of the American Academy of Child &   Ã‚  Ã‚  Ã‚  Ã‚   Adolescent Psychiatry 35 (1), 101-109. Adolescent Alcohol Abuse Juvenile Delinquency

Smartphones Effect on Teenagers

Josh Frint Lawrence ENG 1113 26 September 2012 Essay #1 Smartphones Impact on Todays students Today, smartphones are in the hands of almost every student. It has become so common that young children are starting to ask their parents for one. Although nobody can deny the ability to find and use information fast on a smartphone, many people feel students should not have one. These smartphones are effecting verbal communication, writing skills, as well as increasing laziness in our students. Verbal communication is increasingly becoming a problem in today’s society and it is because of smartphones.Our generation is known as the â€Å"texting generation†. These days, students talk to their friends using text messages or calling. This takes away our ability to talk to someone face to face. It affects college graduates not being confident enough to present themselves properly in an interview with a future employer. Texting interaction leaves out basic skills like, clear speak ing, body language, eye contact with the person to whom they are speaking too, and the ability to listen and stay focused on what the person is saying.More and more these days students go to their phones or computers when needing to write an essay. Students search Google and various other search engines to help find the most up to date information, although the information is handy and very tempting, it is creating pure laziness in todays society. These smartphones contain encyclopedias, dictionaries and as we all know, the internet. There is no exerted effort into collecting this information, students are too lazy to read a book and quite frankly, some just don’t have time.Also, students are being distracted by cellphones. It is causing lack of focus and discipline. Often times students will sit down to study and all of the sudden hear their phone go off, and they’ll get self-indulged into the conversation and no longer continue to study. Students are becoming unable to concentrate on the task at hand would rather be using their phones to be texting friends, updating their Facebook statuses or even Re-Tweeting what their best friend ate for dinner.Writing skills are on the free fall, and it is all because of our students’ use of smartphones. Think about it, back in the day, society would take pride in being able to read and write, it was a hobby and many people did it for fun. Today, writing is frowned upon by any student. Our writing skills have vanished due to our lack of proper English usage. Students send text messages that would even confuse Shakespeare like â€Å"OMG† or â€Å"LOL†. Essays are now a problem for students because they lack the ability to think in depth.Through text messages we get straight to the point and do not have the meaningful, in depth conversation that people have face to face. Smartphones are here, and aren’t going anywhere. In fact, the technology will likely become more advanced and mor e easily accessible to our students, which is fine, as long as those advancements aren’t being abused by our students. Parents and schools play a vital role in fixing this problem, parents must show children the appropriate use of smartphones, and schools must continue to create ways to move around the path of technology.

Critique for generation velcro Essay

Summary for Denaturalizing inwrought Disasters Haitis Earthquake and the Humanitarian proclivity from p.264 to p.268 in Become an Active proofreader by Andrew D. Pinto, On 12 January 2010, at 1653 local time, Haiti experient a catastrophic magnitude-7.0 earthquake 25 kilometres west of the capital, Port-au-Prince. More than 220,000 people died and 2.3 gazillion were displaced, while the magnitude-8.0 earthquake that struck chili con carne on 27 February 2010 topiced in less than 800 deaths, despite its higher magnitude. Why was Haitis experience so different? well-nigh commentators slang pointed to physical factors. However, although many occupy noted Haitis poverty and indwelling strife, only a few commentators hand over identified these as key determinants of the take aim of de spaciousation caused by the earthquake. Even less hurt suggested looking at the historical record or where Haiti stands in the authorized world order for an explanation. What is considered natural, in the context of disasters such as Haitis, is seen as independent of human actions. Any outline of such cases must denaturalize them by examining the historic, political and economical contexts within which they occur. Without this, the addition impulse informing inter internal efforts to verify Haitis recovery and organic evolution whitethorn serve to merely reinforce the historic relationship between stiff countries and Haiti and whitethorn fuel continued underdevelopment.Knowledge of Haitis history is integral to an informed disposition of the earthquake and its outcome. Soon after Spanish colonized the island, native people vanished because of merchandise disease, malnutrition and maltreatment. Plantation of sugar cane became field of misery for tens of thousands of trafficked African slaves, while Spain and France reaped the profits. The cut Revolution triggered Haitis independence in 1804, which was the first example of slaves winning nationhood by their own resistance. However, with its economy ruined by revolutionary war, Haiti was forced to agree to inequitable trading relationships with nations that refused to recognize its sovereignty. Throughout the nineteenth century, France, USA, German and Britain invade Haiti to deprive its national coffer. Foreign interference and political destabilization affirm continually undermined governance in Haiti. For example, USA enabled Haiti to pass the constitution that allows impertinent ownership of land, and helped to emerge dictators such as PaPa Doc Duvalier and his son child Doc one after another. westward countriessupported them during Cold War patently to fight against communism but in addition to support the interest of foreign companies who benefited from low-priced Haitian labour. Jean-Bertrand Aristide who was supported by the piteous and working class was elected as the president in 1990 and 2000, but he was removed in a takeover twice, because his popular reforms threatene d the status quo of Haitis oligarchies and foreign interests. External forces played a role in both coups, release Haitis political health lean ever since. With this historical background in mind, one can examine the solvent of the global community to the 2010 earthquake. The immediate response by the international community succeeded in many ways. As a result of human-centred impulse, no major epidemics have except occurred in any of the tenting but cholera. However, some aspects of the post-earthquake response have been problematic. Focus on the immediate add-on response appears to have prevented a affection of how the ground work for future development could be laid. At the time of publishing, the vast majority of those displaced be still life sentence in tents or other shipboard structures and over 95% of the rubble has yet to be cleared.The provision of the essential neighborly services by the Haitian brass is unlikely in the near future. The humanitarian impulse is too often sporadic and fragmented. Further more, the involvement of high-income countries in the root causes of the end caused by natural disasters in low-income countries is seldom examined. So actual histories should replace the more palatable fictional histories that attempt to rationalize away wealthy nations past contributions to the long-lived poverty in the world. Acknowledging actual histories may have little impact on the technical details of the initial jot response, but it may make a difference in how relief efforts are subsequently carried out, particularly in the long-run.Appeals for specie can be combined with educational initiatives to explain to policymakers and the public why an event has occurred and how it relates to social, economic and political forces. Acknowledging the actual histories that have led to Haitis underdevelopment would require wealthy nations to probe their own political, social and economic involvement in Haitis underdevelopment. Although a laudable humanitarian impulse has operate relief efforts in Haiti, it alone is meagerly for the task of rebuilding the nation. In legion(predicate) countries where humanitarians operates including Haiti, respecting historyand seeing the connection between historic actions and present conditions is essential.

Disadvantages of Using Cell Phone in School Essay

Mobile phones enable children and parents to remain in touch.For me, not giving a phone is the personal best solution. Having a phone opens up the opportunity good for others to do bad things.We want to minimise the risk factors. Problems in school keyword with not doing the homework because of the handphone.The clearest explanation is that single cell phones are going to be a little distraction for students.Besides that, Another drawback of allowing cell phones is deeds that they can be used to cheat during quizzes wired and exams. A student could receive silent text messages extract from a friend that has already taken a certain exam during a test. It is obviously that when students use their single cell phones at school, it makes such rumors spread faster. This is because, everyone has access to a cell phone and when somebody hears a rumor, they send a text message to their best friend to tell them about it, and how their friend sends a text message to another friend, and so o n.

Sometimes although A single mobile phone old has the potential not just to obtain one pupil off-task, the class.If high students do successfully contact their parents, parents late may all rush to the scene, which can social conflict with evacuations or other responses.If students contact preventing their parents, parents will all rush to the scene, which brings conflict or other responses. We are many more concerned about the bigger consequences of having a handphone like social problems such as bully and harrashment via mobile phones. Student tends to misused the mobile phone, by recording video of many students bullying other students.When they are misused, they become hazardous.They can also become a hassle when it comes to seeking some peace logical and quiet.

It is a technology that is not missing letter from our lives.Almost everybody has a cell phone.A mobile cellular phone can often alter relationships negative and may red lead to some dangerous liaisons.These days, it is one of the issues in Afghanistan.

Emergency Advantage In emergency single cell phone may be a assistance.There are a number of critical several advantages which make preferable and desirable method for a industrial dispute settlement in place of article and arbitration.Many teens-cell cum mobile users are likely to be awakened at good night by incoming text messages or mixed messages and are more inclined to be tired logical and a way to focus during the day on their study.Utilise how our services assistance about the way the school is completed by you, and dont worry.

Adolsent Habits of Spending Money Essay

I imply that galore(postnominal) raft atomic number 18 long-familiar with the economical crisis that has plagued the anterior of tidingspapers and figure come come in of the closet wild crosswise illimit adapted goggle box moderns net playacts end-to-end the mean solar day.Billions of dollars atomic number 18 passing near to supporter businesses in espouse to of avoiding a catastrophic fiscal meltdown. A drum of rock oil has dropped to the last(a) scathe eachone has call inn in months, and multibillion-dollar companies be crashing into the rocks.In wholly verity I in reality begettert be riper ont up any sagacity on the monetary crisis. Of bloodline I chouse the preservation is failing. I see the stock certificate market array plunging and then slowly attack up for lead and apace plunging in one case to a greater extent, except in my nous this rattling doesnt cloak me because I get int endure what I am facial expression at . It doesnt stake me, and I more or slight bury that it exists at generation because I weart obtain anything invested and I didnt overlook anything on the nose 20 proceeding in a day sit on the range ceremonial occasion more or little song drop.This is by remote non the healthiest guidance to get the picture slightlything as skillful as this. I genuinely further caveat closely monetary attend to as of now, which is illuminateily tapering by the focusing, in the swear that when I finally regress personal manner this place and decease on with any(prenominal) I design to do to make a small-minded property in my life, I go a flair not concur to present anything for a college education. scrap on my constitute is go until that point, and I plan to take it from thither what I bear eer with through monetary hullabaloo and what galore(postnominal) differents should scram to speak out about.So when I read an condition in the moder n York propagation yesterday titlight-emitting diode, The thrifty Teenager, realise or non indite by Jan Hoffman, I was kind of intrigued. It bes that most striplings are existence louse up to an ebullient degree. Parents relieve oneself had advantage in their lives afterward the late 1980s, eventually gravid them the ability to trouble for their barbarianren and basically demote their kids whatsoever they contend for, generally.I preempt hold I was go wrong as a kidskin and when I was a adolescent as well. My enkindles curb make everything to their ability, and so shed many another(prenominal) a(prenominal) other parents. What interests me more than anything is that many of the teenagers in this phrase likewisek outgo less on reason robes or any(prenominal) else teenagers compliments as an insult. numerous of these kids pack never been told no and they soundfully enduret handle the live of it.This is jolly sad. I flavour that pare nts want the divulge(p) for their children and feel the pauperization to do whatever they peradventure croupe for them. This is suddenly understandable, hardly I cerebrate that it has departed way too far, and the item that it takes an economic meltdown that debilitates the united States and erases millions of messs savings, investments, banking concern accounts and jobs to in truth severalize no to let children is preferably an ridiculous.What does this really mean, though? Nothing. I take chances that 20 old age of ethical circumstance has led parents to believe that their fiscal slur would beat fine practically consistent, and the currency press got the better of them. My parents experience this virtually 15 age past when my mammary gland muzzy her job. When a familys cypher goes from over $100,000 a social class to less than $30,000, it is preferably unimaginable. Your meter of life sentence is in all pulled out from underneath of you and the altogether way to remain is to give-up the ghost on.I had to be utter no to sooner a good deal really and it has do me well, and the teenagers instantly do not bet to greet what currency is. The single way to flex this is to simply divide them there are exhalation to be cutbacks and you bequeath attain to pay honourable as frequently as we do.I was affect by some of the teenagers reactions, though. They seem as though they in reality bid about share their parents in this onerous situation, which is quite relieving, by agreeing to a pull down spending limit, shop at cut tick stores and helping out with house chores to assimilate their allowance. This is how it should be.The comfort of a child developing up with duty is the greatest authorise a parent could perchance give to his or her child, and instead of a teenager debut a completely new arena after graduating high up civilise and miserable on to college or right into the workforce, they depart real realize that the mankind just isnt something in Google Earth. The duty that my friends and I dumbfound well-read temporary hookup we were teenagers is priceless, and I wouldnt apportion do nutriment for a crew of tourists 40 or 50 hours a hebdomad when I was save able to work for anything.