Thursday, January 23, 2020

The Football Game Essays -- Descriptive Essay Examples

The Football Game In the beginning, there was football. The official said, Let the stadium lights come on, and they came on. The football players came onto the field, and they saw the light was good. Other teams started to show up and practice on the battle ground, otherwise known as the "playing field." Fans shouted, and cheerleaders went on about their playful acts. Parents, brothers, sisters, and close friends all piled into the stands to see the game of the year. The official stepped out onto the moist grass at Williams Stadium in Plano, Texas. The time was seven o'clock p.m. on a Thursday night. He paused for a moment, looked at his stopwatch, and blew his whistle. Gigantic muscular men came from out of nowhere as the fans began to cheer, waving various flags, and clanging cow bells. The bells sounded like a wind chime in an April shower, all different sounds at different times. The players ran out to the middle of the stadium. A smell of hatred and resentment came about in the air. The crowd came unglued from their seats. The sounds of various noisemakers filled the air once again. Parents and grandparents alike came to their feet in the stands. Cars stopped on the street in front of the stadium, as they honked their horns, and cheered for their team of choice. As the two burly men stood in the middle of the field, many thoughts ran through their heads. They both knew someone was going to die, but defeat was out of the question. The official tossed a polished silver quarter into the air. The coin hit the wet grass with a shiny face of George Washington clearly showing. The home team will receive the ball. Both anger infested players shook hands and ran back to their sideline. The fans began to cheer as the players t... ...e smile on my face was literally being pulled up by strings that wouldn't seem to let go. Our kicker went on to kick the extra point, as only one minute remained on the time clock. The Clark Cougars went on to beat the Williams Warriors. I could see it now on the front page of the town newspaper. "Clark demolishes Williams for the first time in 14 years!" We finally beat the best team in the world! As we celebrated, and jumped around on the soggy grass, a tear came to my eye. It was all hitting me now. I finally achieved the goal of my life! I could not control the tremendous smirk on my face. As I watched the coach from the opposing team cry in agony, I thought to myself, "That must be what they call the agony of defeat." I knew that the moment of my life I had long waited for, was gone. Only memories are left in my mind, and I cherish every single one of them. The Football Game Essays -- Descriptive Essay Examples The Football Game In the beginning, there was football. The official said, Let the stadium lights come on, and they came on. The football players came onto the field, and they saw the light was good. Other teams started to show up and practice on the battle ground, otherwise known as the "playing field." Fans shouted, and cheerleaders went on about their playful acts. Parents, brothers, sisters, and close friends all piled into the stands to see the game of the year. The official stepped out onto the moist grass at Williams Stadium in Plano, Texas. The time was seven o'clock p.m. on a Thursday night. He paused for a moment, looked at his stopwatch, and blew his whistle. Gigantic muscular men came from out of nowhere as the fans began to cheer, waving various flags, and clanging cow bells. The bells sounded like a wind chime in an April shower, all different sounds at different times. The players ran out to the middle of the stadium. A smell of hatred and resentment came about in the air. The crowd came unglued from their seats. The sounds of various noisemakers filled the air once again. Parents and grandparents alike came to their feet in the stands. Cars stopped on the street in front of the stadium, as they honked their horns, and cheered for their team of choice. As the two burly men stood in the middle of the field, many thoughts ran through their heads. They both knew someone was going to die, but defeat was out of the question. The official tossed a polished silver quarter into the air. The coin hit the wet grass with a shiny face of George Washington clearly showing. The home team will receive the ball. Both anger infested players shook hands and ran back to their sideline. The fans began to cheer as the players t... ...e smile on my face was literally being pulled up by strings that wouldn't seem to let go. Our kicker went on to kick the extra point, as only one minute remained on the time clock. The Clark Cougars went on to beat the Williams Warriors. I could see it now on the front page of the town newspaper. "Clark demolishes Williams for the first time in 14 years!" We finally beat the best team in the world! As we celebrated, and jumped around on the soggy grass, a tear came to my eye. It was all hitting me now. I finally achieved the goal of my life! I could not control the tremendous smirk on my face. As I watched the coach from the opposing team cry in agony, I thought to myself, "That must be what they call the agony of defeat." I knew that the moment of my life I had long waited for, was gone. Only memories are left in my mind, and I cherish every single one of them.

Wednesday, January 15, 2020

Mexican American Essay

This week we learned how Mexicans are stereotyped negatively in the media, they are Stereotyped as being only portrayed as having very low paying jobs and as criminals. Furthermore even in the Latin media in telenovelas the actresses are mainly white with blonde hair. Seeing Mexicans portrayed as heroes is a rarity because according to the society Mexicans are minorities. Another stereotype is that almost all Mexicans are illegal’s. Discrimination was also a big issue in the 20th century, Mexicans-Americans were lynched in the years of 1848 and 1928. Furthermore, even in restaurants Mexicans were discriminated against in the same manner as African Americans before they had their civil rights. The debate that we were discussing was how wrong it was for Mexicans to be discriminated against in this way. In addition, statistics show that only 7 percent of Mexican-Americans graduate from college, meaning that an education isn’t really a top priority for Mexican Americans. In children’s cartoons it is rare to find a latino or latina character with a positive Influence, for example speedy Gonzalez was invented because of an affair that the wife of the creator of the cartoon had with a Mexican, in my opinion this is simply ridiculous and it simply made Mexicans look bad morally. Another example that as a class we looked at were Disney princesses, the first Disney princess to be made in face does not look â€Å"latina†. Typical Latinas have tan skin and brown eyes yet the new princess is fair skinned with green eyes. This only shows that according to American creators a princess cannot be brown or she is considered â€Å"ugly†. In my opinion this is simply racist and it only makes latina girls who have brown skin feel inferior to fair skinned girls. According to statistics a small amount of Americans view Mexicans as violent, dirty and as drunkards simply because of how the media has portrayed them In the media. These media portrayals and in my opinion they should show how Mexicans really are by that i mean the honest hardworking men and women that have helped this country become such a great country.

Tuesday, January 7, 2020

A Brief Note On An E Commerce Organization - 1740 Words

BuildDirect, an e-commerce organization in the home improvement division, began with only two employees. However, they experienced rapid growth in less than a decade. Sustaining the original culture, vision, and mission can become a challenging endeavor for organizations like BuildDirect to overcome through periods of expansion. In order for BuildDirect to maintain their original vision, they must a) hire individuals who fit the skills and culture, b) have leadership role model the culture and behaviors they wish to see in the organization, and c) remain flexible and keep an open mind on the natural progression of the organization’s culture. About BuildDirect Background BuildDirect was co-founded in 1999 by Jeff Booth, President and CEO, and Robert Banks, Executive Officer. BuildDirect is headquartered in Vancouver, BC and has several warehouses in North America. BuildDirect strives to create an exciting work environment and is currently on the list of the â€Å"Best 50 Small Medium Employers.† Their customer markets are located in Canada, the U.S., and sixty countries worldwide. In present day, BuildDirect is a world leader in e-commerce wholesaling of home building materials and floorings. BuildDirect was able to change how suppliers should sell and distribute home improvement products. Additionally, BuildDirect was able to change the customer online shopping experience within home improvement products (About BuildDirect, 2014). BuildDirect had transformed the traditionalShow MoreRelatedE Commerce And Its Impact On The Web1541 Words   |  7 PagesE-commerce is characterized as trade that is executed electronically, as over the web. The vast majority consider E-commerce as purchasing things on the web. In all actuality, it is significantly more than that. 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Monday, December 30, 2019

Financial Products Of Tata Capital Limited Finance Essay - Free Essay Example

Sample details Pages: 10 Words: 3107 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Tata Capital Limited (also referred to as TCL) is a finance company that fulfills the financial needs of retail and institutional customers in India. It was established in 2007 as a wholly owned subsidiary of Tata Sons and is registered with the Reserve Bank of India as a systemically important non-deposit taking non-banking financial company (NBFC). The company is focused on providing multiple financial services through an extensive network of over 1,000 customer touch-points covering tier I, tier II and tier III cities. Don’t waste time! Our writers will create an original "Financial Products Of Tata Capital Limited Finance Essay" essay for you Create order Areas of business[1] Tata Capital has financial products and services in the following seven sectors: Distribution and broking: Third-party investment products, equity and commodity trading for retail and institutional customers. Retail finance: Passenger and commercial vehicle loans, used car loans, personal loans, home loans, credit cards and consumer durable loans for retail customers. Commercial finance: Financial products for small and medium enterprises and project finance for capital equipment and infrastructure. Investment banking: Advisory and debt and equity market products for corporate and small and medium enterprises. Private equity: Investments in India and other countries. Wealth management: Suite of advisory and investment offerings for high net worth individuals. Rural finance: Relevant financial products for rural customers, including financing of farm equipment, agricultural inputs and agricultural enterprises. Tata Capital also owns around 4 per cent of equity capital of Development Credit Bank, a growing private sector bank. Tata Capital Limited Fund Raising 2009 On Feb 10, 2009, Tata Capital Limited floated its public issue of Non Convertible Debentures (NCD). This is a public issue by the company aggregating Rs. 50,000 Lakhs (or Rs. 500 Crores) with an option to retain oversubscription of Rs. 1,00,000 Lakhs (or Rs.1,000 Crores) for issuance of additional NCDs. Common Terms of the Issue The common terms of the NCD issue of Tata Capital were as follows: Issue NCDs aggregating Rs. 50,000 lakhs with an option to retain over-subscription of Rs. 1,00,000 lakhs for issuance of additional NCDs. Stock Exchanges proposed for listing of the NCDs NSE Issuance Demat form only Trading Demat mode only Depository NSDL and CDSL Security[2] Security will be created for the purposes of this Issue as per the Debenture Trust Deed. Rating LAA+ by ICRA and CARE AA+ by CARE Issue Schedule[3] Issue Opening Date: February 2, 2009 and Issue Closing Date: February 24, 2009 Pay-in date 5 days from the date of application Deemed Date of Allotment Deemed date of allotment shall be the date of issue of the letter of allotment / regret Settlement Please refer to the section titled Terms of the Issue on page 115 in the attached Prospectus The NCDs will be issued at their respective face values. Specific Terms of the Issue The specific terms of each instrument are set out below: Options I II III IV Interest Payment Monthly Quarterly Annual Cumulative Minimum Application[4] Rs.1,00,000/- Rs.10,000/- Rs.10,000/- Rs.10,000/- In Multiples of Rs.100,000/- Rs.1,000/- Rs.1,000/- Rs.1,000/- Face Value of NCDs (Rs. / NCD) Rs.100,000/- Rs.1,000/- Rs.1,000/- Rs.1,000/- Interest Payment[5] ECS only Through various options available Through various options available Through various options available Coupon (%) 11% per annum 11.25% per annum 12 % per annum 12 % per annum to be compounded annually Yield on redemption 11.57% 11.73% 12% 12% Put and call option 36 months 42 months 36 months 36 months Tenor 60 months 60 months 60 months 60 months Redemption Date[6] 5 years from the deemed date of allotment 5 years from the deemed date of allotment 5 years from the deemed date of allotment 5 years from the deemed date of allotment Redemption Amount Face value plus any interest that may have accrued Face value plus any interest that may have accrued Face value plus any interest that may have accrued Face value plus any interest that may have accrued Lead Managers to the issue The commercial or investment banks which have primary responsibility for organizing a given issuance are referred to as Lead Managers. They will find other lending organizations or underwriters to create the syndicate, negotiate terms with the issuer, and assess market conditions. The Lead Managers to this issue were: ICICI Securities Limited Citigroup Global Markets India Private Limited DSP Merrill Lynch Limited Registrar to the issue Registrar to an issue refers to the person appointed by a body corporate or any person or group of persons to carry on the following activities on its or his or their behalf, namely: Collecting applications from investors in respect of an issue Keeping a proper record of applications and money received from investors or paid to the seller of the securities and Assisting body corporate or person or group of persons in: Determining the basis of allotment of securities in consultation with the stock exchange Finalizing of the list of persons entitled to allotment of securities Processing and dispatching allotment letters, refund orders or certificates and other related documents in respect of the issue In this case of issue of NCDs by Tata Capital, the registrar to the issue was Karvy Computershare Private Limited. Underwriters to the Issue There was no underwriting done for this issue. Credit Rating The NCDs have been rated LAA+ by ICRA (Investment Information and Credit Rating Agency) and CARE AA+ by CARE (Credit Analysis Research Ltd.). Both these ratings are based mainly on the association of the company with Tata Group and may not necessarily reflect the performance of the company. The company is too new to be assessed and has minimal track record. The implications of these ratings are: LAA+ by ICRA (): ICRA has rated the NCDs LAA+. This rating indicates high-credit-quality and also implies that the rated instrument carries low credit risk. This rating primarily reflects TCLs strong parentage (the Company is owned 100% by Tata Sons Limited (TSL), rated at LAAA and A1+ for its long term and short term debt programmes, respectively, by ICRA) and the strong commitment of TSL to TCL, which ICRA expects would allow the Company to grow its financing volumes by leveraging the strength of the Tata brand and by exploiting the synergies with other Tata Group companies by financing various participants in the supply chain as well as some of the end products. While TCL has the challenge of managing relatively newer assets, it is in a superior position (vis a vis other lenders) to comprehend credit risk and to service the borrower on its exposures to entities of the Tata supply chain. CARE AA+ by CARE (Credit Analysis Research Limited): CARE has assigned a CARE AA+ rating to the Issue for an aggregate amount of Rs. 150,000 lakhs having maturity between 1-7 years. Instruments with this rating are considered to offer high safety for timely servicing of debt obligations and carry very low credit risk. The rating factors in TCLs strong parentage (TCL being a wholly owned subsidiary of Tata Sons Ltd.), the demonstrated support of the Tata group, both, by way of capital support as well as offering of in-house business opportunities (lending opportunities offered by the Tata ecosystem comprising dealers/vendors and other business constituents/ relationships affiliated with the group companies). The rating also factors in the brand equity of the parent company which would aid TCL in scaling up its volumes beyond the group related business as well as render it with strong resource raising capabilities. Mode of Issuance and Trading The issue is in demat form only and it can be traded in demat form only. Subscription Tata Capital Limited received an overwhelming response for its public issue of NCDs. Based on subscriptions of over Rs.3,000 Crore received, the issue was oversubscribed by more than six times (the company wanted to raise Rs.500 Crore). The Rs.500 Crore issue had an option for the company to retain an additional Rs 1,000 Crore. Tata Capital decided to retain total subscriptions of Rs.1,500 Crore, which is up to the rated amount. The NCDs are listed on the National Stock Exchange (NSE) under the ticker TATACAP. The issue has gained significant acceptance and this re-instates the investors confidence in Tata Capital. Based on the good response that the NCD issue has generated, we feel such bonds will become an instrument of choice for investors and other corporates leading to the development of a strong corporate bond market, said Mr. Praveen P Kadle, Managing Director, Tata Capital Limited. Usage of Funds The funds raised through this Issue, after meeting the expenditures of and related to the Issue, will be used for: The companys various financing activities including lending and investments and To repay its existing loans and for its business operations including capital expenditure and working capital requirements. Further, in accordance with the Debt Regulations, the company will not utilize the proceeds of the Issue for providing loans to or acquisitions of shares of any person who is a part of the same group as the company or who is under the same management as the company. Interim Use of Proceeds Pending utilization of the proceeds out of the Issue for the purposes described above, the company intends to Temporarily invest funds in high quality interest bearing liquid instruments including money market mutual funds, deposits with banks or Temporarily deploy the funds in investment grade interest bearing securities as may be approved by the Board. Such investment would be in accordance with the investment policies approved by the Board or the Investment Committee from time to time. NCDs A Brief Debentures Debentures are long-term debt instrument used by companies to raise funds for its business activities and other purpose. A debenture is a certificate acknowledging debt or loan taken by the company from the investor, on which the company will pay interest and repay the principal amount at the end of the tenure of the debenture. Non Convertible Debentures (NCDs) A Non Convertible Debenture is a long term loan on which the company will pay periodic interest and repay the principal amount at the maturity unlike Convertible or Partly Convertible Debenture in which the company may convert total or part of principal amount into equity shares of the company at the time of expiry of maturity period. To simply put, NCDs cant be converted into the equity shares of the company at any time. Rate of conversion and price of share are decided by the Issuers at the time of floating the Public Issue. Typically, the companies pay less interest on convertible and partly-convertible debentures and more on non-convertible debentures. Public issue of NCDs to raise funds Tata Capital had issued NCDs for around Rs.1,500 Crore. This wouldnt have been surprising and intriguing if not for the following reasons: For reasons like high costs of fund raising, high costs of issuance, comprehensive regulatory framework and underdevelopment of securitization products, companies in India generally prefer private placements to raise funds. Most of the corporates are wary of getting the credit rating, which is a mandate in the corporate debt market. In India the size of corporate debt market has remained insignificant in comparison to that of equity. According to ADB Working Paper (2008)[7], corporate debt market accounts for only 3.9% of GDP in India, whereas in countries like Korea and Malaysia, the contributions are 61% and 37.5% respectively. According to SEBIs annual report[8], no public issues of bonds were made by the corporate sector in 2007-08. However, the corporate sector mobilized Rs.1,28,602 Crore through private placement. Also, for a corporate bond a non repayment of even a small amount (say Re.1) or a delay for even one day will be treated as a default and this information will be publicly disseminated. So it makes the Corporates or the Issuers to be more comfortable disclosing their data to bankers or investors during private placements rather than disclosing the same through offer documents in public domain during public issue. The companies should also fully disclose their performances during a public issue, which makes them averse to public issues in general. Given the above mentioned challenges with the public issue of corporate debt like high cost, credit ratings, public disclosure of un-audited financial statements, it is surprising and interesting that Tata Capital opted to raise funds through public issue of NCDs and managed to get oversubscribed by more than six times too. This leads us to find the reasons for Tata Capital opting for this mode of fund raising and the discussion of the same. Reasons for fund raising through public issue of NCDs Due to the global financial crisis in 2008, banks had put a tight credit squeeze on loans offered and investors (mostly Insurance companies, Finance Institutions, Foreign Institutional Investors etc.) became wary of funding loans to corporates. The exposure (both lending and investment, including off balance sheet exposures) of a bank to a single NBFC should not exceed 10% of the banks capital funds as per its last audited balance sheet. Banks may, however, assume exposures on a single NBFC up to 15% of their capital funds provided the exposure in excess of 10% is on account of funds on-lent by the NBFC to infrastructure sectors. In times of credit crisis, Banks try to minimize their exposures as much as possible. Answering questions on how India has been affected by the global economic crisis of 2008, RBI Governor, D Subbarao[9]mentioned the following- Indias financial markets equity markets, money markets, forex markets and credit markets had all come under pressure from a number of directions. The tightened global liquidity situation in the period immediately following the Lehman failure in mid-September 2008, coming as it did on top of a turn in the credit cycle, increased the risk aversion of the financial system and made banks cautious about lending. These factors attributed to Tata Capital opting for public fund raising, instead of private placements or bank borrowing. Also, there is a regulation that Non-infrastructure NBFCs can raise only up to 15% of net worth from Bank Borrowings[10]. This also had put a constraint on Tata Capital to opt for Bank Borrowings because as on 30 Sep 2008, the Net Worth of the company was only Rs.210,718 Lakhs, whereas the company wanted to raise funds of minimum Rs.50,000 Lakhs. This fund requirement is almost 24% of the companys net worth. Because of the liquidity crunch and the above mentioned constraint, it became a challenge to just depend on the one source that corporates always choose Banks for funds. The crisis also eliminated the option of opting for External Commercial Borrowings (ECBs). There was another glitch with Tata Capital opting for ECBs. There has been some end use restrictions put on ECB such as utilization of ECB proceeds is not permitted for on-lending or investment in capital market or acquiring a company (or a part thereof) in India by a corporate. Further ECB proceeds are not permitted to be used for investment in real estate, working capital, general corporate purpose and repayment of existing Rupee loans. Since Tata Capital had planned to use the proceeds for various financing activities including lending and investments, to repay existing loans and for business operations including capital expenditure and working capital requirements, ECB option will not work out in favor of the company. Though from a companys point of view, accepting FDs (Fixed Deposits) are better than issuing NCDs, since Tata Capital is registered as a NBFC, it is not allowed to issue public deposits to raise funds. Many a times (or almost always) even highly rated corporates prefer private placement route ignoring the fact that lower cost of capital in the public offering can offset the higher issuance cost. Tata Capital had realized that the costs could be offset and hence opted for the public issue. Also, Tata Capital saw an opportunity to test the untapped high potential market. After the brunt bore through the Tata Finance Fiasco, it makes sense for Tata Capital to opt for public issue fund raising, as there will be lot of scrutiny and governance involved in the process too. All the above factors have led to Tata Capital opting to fund raising through public issue of NCDs. A brief analysis of the Financial Status of Tata Capital The companys Debt to Equity ratio before the issue is 2.66 as on September 30, 2008. And it was estimated that this ratio will be 3.38 post the issue of the NCDs. The Capital Adequacy Ratio (CAR) as on March 31, 2008 and as on September 30, 2008 was 45.5% and 26.1% respectively, which has fallen over the year significantly. Though Tata Capital managed a marginal net profit in the first six months ended September 2008, it reported a pre-tax loss of approximately Rs.1,800 Lakhs for the nine months ended December, 2008. The companys subsidiaries Tata Capital Markets Limited, Tata Securities Limited and Tata Capital Pte Limited incurred an aggregate loss of Rs.1,573 Lakhs. Though all the above financial facts raise concerns, it is too early to comment on the companys performance as most of the costs are because of the new business setup (start-up costs). The company is a relatively new one, set up in 2007 and it has a limited track record by which to judge its success. Probably, that is why the company was able to solicit good response for its NCD issue. And not to ignore the fact that the Tata lineage would have given it a cutting edge. Probable risks associated with the issue The risks linked with the NCD issue of Tata Capital stem from the challenges associated with any NBFC business and the relatively short track record of Tata Capital. However, this credit risk is partly mitigated by the security offered (fixed assets and future receivables) and the debenture redemption reserve towards maturity. Also, the offer is rated LAA+ by ICRA, which is among the higher investment grade ratings and hence the investors should not have any major concerns. The NCDs are also listed and traded on the NSE and hence investors have the option of cashing out earlier, if the bonds witness frequent trading in sufficient volumes. Also there may not be concerns over liquidity as the investors have a put option at the end of 36 months to redeem their investments, without any interest rate penalty. Based on the various parameters (or constraints) mentioned in this study and considering the economic environment in which the issue was carried out, it is amazing to see that Tata Capital has managed to acquire funds far and beyond its expectations. And it is also good to note the confidence the investors have shown in the Tata group in spite of the Tata Finance Fiasco, which still remains unsolved. It can only be hoped that Tata Capital will live up to the expectations and trust of the customers and shareholders and fly the flag of the Tata Group high.

Saturday, December 21, 2019

Comparing Catherine MacKinnons Not A Moral Issue and...

Comparing Catherine MacKinnons Not A Moral Issue and Sallie Tisdale’s Talk Dirty to Me Professor’s Comment: This powerful essay contrasts the views of two feminist, Catherine MacKinnon and Sallie Tisdale, each of which perceives pornography in widely divergent ways. While MacKinnons Not A Moral Issue explains the adverse impacts of pornography to women and society as a whole, Tisdales Talk Dirty to Me: An Intimate Philosophy of Sex is receptive to pornography despite these adverse impacts, suggesting in fact that the solution to the problems associated with pornography is a greater role of women in production of that pornography. Breasts and booties, buns and knockers. Type these words into a search field and be prepared.†¦show more content†¦MacKinnons radical feminism focuses on aspects of sexuality that victimize and oppress women, whereas the liberal-minded Tisdale focuses on ways women can overcome sexual repression and achieve sexual liberation through the consummation of pornography. Catharine MacKinnon, in her article Not A Moral Issue, calls the need for feminist critique of pornography pertinent, as it is central to the institutionalization of male dominance (407). The power dynamics presented in pornography, MacKinnon believes, uphold ideologies of gender inequality. Men treat women as who they see women being. Pornography constructs who that is, she writes (MacKinnon 408). To MacKinnon, in depicting women as sexually obedient and submissive, pornography buttresses the archetypal roles of women as passive objects wanting abuse. Pornography constructs women and sex, defines what woman means and what sexuality is, in terms of each other(MacKinnon 414), she says. MacKinnon believes that pornography creates an open forum for sexual terrorism by men, in which women are discriminated against and male dominance is expected. Tisdale, on the other hand, argues for the necessity of pornography as a medium that can bring sexual freedom to men and women alike, and help defeat such stereotypical female roles of passivity and weakness. As she explains: I dont†¦ want a world in which

Friday, December 13, 2019

Rising food prices Free Essays

The economic and political ramifications of rising oil prices are astounding. It is interesting how far they reach, and also how deeply dependent countries are on this commodity. It shows that the extent to which oil might be considered fundamental is a significant one, given its impact on the most basic human need: food. We will write a custom essay sample on Rising food prices or any similar topic only for you Order Now The economics of oil demonstrates itself as being perhaps the most intricate of all commodities, as it has the ability to affect not just the economy of its suppliers by also the economy of the entire world. The idea that food (or the lack thereof) can stir national conflict does not appear to be very far-fetched. However, the connection that food has to oil prices certainly places oil (as a commodity) in a much higher place than it perhaps should be. Oil is usually considered closely connected to such non-essential (yet highly used) commodities as gasoline and by extension motor vehicles. The importance of oil on the world market may for this reason have been considered an enigma. However, this connection that it has to food makes it understandable why the demand for oil is so inexorably high (Whitelaw, 2008). Of concern is the realization that the rising food costs have also been affecting the ability of the United Nations’ food aid agency and other philanthropic organizations to provide food for the economically struggling countries. The international aspect of the rising prices may spell doom for certain countries that have benefited from such aid in the past. More frightening is that fact that it may also create further shortages in areas that before had needed no aid, and it has been affecting the chances for relief possessed by refugees fleeing famine in their own countries (Whitelaw, 2008). These implications make it more exigent that alternative energy sources be sought. It may end up being more economical to spend millions on research that will result in a more sustainable form of energy. The prospect of oil depletion in the coming years is clearly not the only problem humans now face in regard to concentration upon this particular energy source. More immediate effects resulting in economic and political tension are clearly serious consequences of humans’ dependence on oil. Reference Whitelaw, K. (2008). â€Å"The dangers from rising food prices: costlier commodities could trigger   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   unrest in poor countries and may curtail food aid to refugees.† U.S. News World Report.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New York. Available How to cite Rising food prices, Essay examples

Thursday, December 5, 2019

The Federal Bureaucracy free essay sample

All of the following statements correctly describe the typical independent agency except (b) Its head is appointed by independent commission 5. The Federal Bureau of Investigation (FBI), the National Aeronautics and Space Administration (NASA), and the Environmental Protection Agency (EPA) are (e) Respectively, an agency†¦ 6. Federal regulatory agencies have responsibility primarily in the area of (a) Economic policy 7. Regulatory agencies have a(n) (a) executive, legislative, and judicial 8. Most federal employees are hired on the basis of (a) Merit criteria 9. Federal civil service employees cannot legally (b) Go on strike 10. Policy implementation refers to the bureaucratic function of (a) Carrying out decisions made by Congress, presidents, and courts 11. The functions of the bureaucratic agencies include all of the following except (d) confirmation of those nominated by the president to head agencies 12. As distinct from the patronage and executive leadership system, the merit system for managing the bureaucracy (c) provides for a neutral administration in the sense that civil servants are not partisan appointees, thus ensuring evenhanded work. We will write a custom essay sample on The Federal Bureaucracy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 3. When it was developed during the Jackson administration, the patronage system was designed to (b) make the admin more responsive to ordinary citizens 14. In response to economic demands that were a result of rapid industrialization, Congress in the late 1800s began to ? 15. During the New Deal, the federal bureaucracy Increased sharply in size 16. The administrative concept of neutral competence holds that the bureaucracy should (a) be staffed by people chosen on the basis†¦ 17. Bureaucrats tend to follow (c) their own agency’s pov 18. The chief goal of the executive leadership system is (b) improved coordination†¦ 19. The federal bureaucracy today is (d) a mix of patronage, merit†¦ 20. About 60 percent of top positions in the federal bureaucracy are held by (b) white males 21. Bureaucrats are ________ and elected officials are ________. (c) specialists; generalists 22. The special interests that benefit directly from a bureaucratic agency’s programs are called (a) clientele group 23. The assassination of President ________ did much to end the spoils system of distributing government jobs. b) James Garfield 24. A president’s proposal to reorganize a part of the bureaucracy can encounter opposition from ? opposed by agencies not wanting to be submerged within a broader bureaucratic unit. 25. It can be said of regulatory commissions that (b) the commissioners pursue†¦ 26. In terms of holding the bureaucracy accountable, the most important unit within the Executive Office of the President is the (b) Office of Management and Budget 27. Congress generally (c) sets broad policy†¦ 28. Legally, the bureaucracy derives the general authority for its programs from a) Acts of Congress 29. In 2004, ________ accused President George W. Bush of downplaying the terrorist threat and being preoccupied with Iraq in the period leading up to the September 11, 2001 terrorist attacks. Bob Herbert? 30. ________ was created in 2002. (e) Dept of Homeland Security 31. In the future, bureaucratic accountability is likely to increase in importance because policy issues will grow ever more complex and therefore government will become even more dependent on the bureaucracy. become a contentious issue in public opinion polls. 32. The cabinet department with the largest number of full-time civilian employees is the Department of (b) Defense 33. Regarding the educational background of bureaucrats, high ranking civil servants in continental Europe, compared to American bureaucrats, tend to have a college major specializing in law 34. The courts have tended to support administrators so long as their agencies (b) can apply a reasonable interpretation†¦ 35. A longstanding question about the bureaucracy involves the issue of (e) all answers; responsiveness fairness creativity accountability 36. The Department of ________ was founded in 1979. (e) Agriculture 37. The number of employees in the federal bureaucracy is about ________. (b) 2. 5 million 38. According to the Federal Performance Project, the ________ is one of the top-rated agencies in the federal government. Social Security 39. The chief way that administrative agencies exercise real power is through (a) rule making or deciding†¦ 40. The importance of clientele groups was especially clear in 1995 when House Speaker Newt Gingrich threatened to zero out funding for the (b) Corporation for Public Broadcasting