REGULATION, COMPLIANCE AND GOVERNANCE Essay Example | Topics and Well Written Essays - 2000 words

REGULATION, COMPLIANCE AND GOVERNANCE - Essay Example When the derivatives were distributed, it created an opportunity of basic training and helped in exploiting the difference in prices in future and spot markets. The gas trading of Enron had allowed it to be a market maker and acted as counterparty by trading on both sides and made profits as spreads between the offer and the bid price. Enron was under residual risk after it accessed both the markets and was able to overcome the same by entering into swaps and other such arrangements with dealers. As Enron owned physical plants and took charge of operating those, it had a comparative advantage over the competitors. The company was also able to protect itself from the market price movements for the same reason. Being an industry insider, it also had advantages of acquiring information needed for forecasting shocks related to particular region or sector. Therefore, besides being a market maker, Enron was also a creator of new products. The business strategy used by Enron, in 1990s, was asset light and vertical integration, after it became too leveraged due to the merger. The asset light approach indicates combination of the development of sophisticated risk management techniques with the least amount of ownership and operation of plants. Virtual integration system helps to maintain the reliability of a product with less capital investment. Enron took advantages of deregulation of the US energy markets, as later on, it can be noticed that they enjoyed the experience of steadily rising profit from merger of two utility based companies. Additionally, besides owning several gas pipelines, it also ran a natural gas as well as electricity transmission business. After 1985, Enron even started trading in gas and offered various types of derivates to interested customers, when the gas pipelines business met an end. When the derivatives

Course Project-Research Proposal Assignment Example | Topics and Well Written Essays - 500 words

Course Project-Research Proposal - Assignment Example to be protected by their respective governments from such fraudulent individuals but they also have a responsibility to take all the necessary precautionary measures to minimize their exposure to identity theft. 1) Having one’s identity taken away by individuals with wrong motive is one of the most difficult things for the individual to deal with. It could interpret to inability to pay bills or even worse, inability to obtain credit besides exposing the person to more destructive eventualities. 2) Although am not an expert in the field of identity theft, it is self-evident that everybody is a potential victim of such occurrences. This implies that it is necessary for all to be equipped with the appropriate information on how to deal with such modern realities. Through the exploration of some experts’ work within the field of identity theft, I am able to establish my credibility in responding to the issues surrounding identity theft. Such experts include Saleh (2013), Mulig, Smith and Stambaugh (2014), and Biegelman (2002). 2) My secondary audience will be my professor in this course as well as fellow classmates, some of whom have been victims of identity theft and who would desire greater exposure on precautionary measures to protect themselves from such future recurrences. 3) Except for some few individuals who believe there is nothing much one can do to protect themselves from identity thieves, majority of my audiences share in my school of thought that it is possible to create a wall between oneself and such fraudulent individuals. From exploration of a number of literatures, it is evident that identity theft is often a crime of opportunity, which implies that precautionary measures can go a long way in reducing risks. Most of the attacks have been made possible because of negligence and loopholes created by the victims themselves, thus they have a significant role to play in ensuring that they are safe. It is a fact that both technology and hackers

Discussion Questions Essay Example | Topics and Well Written Essays - 250 words - 3

Discussion Questions - Essay Example s is to assist others in the provision, and management of self-care to improve human functioning at home level of effectiveness (NursingCrib.com, 2008). A nurse by following this theory can help his/her patient perform certain activities on their own so as to maintain their health, life and well being until when a patient is unable to conduct the activities on their own. As a result, a nurse comes in to take wholesome, partial or supportive-educative support for the patient. Concerning wholly compensatory nursing, a nurse provides all necessary care for the client as the patient lacks capacity to do so on their own. On the other hand, for partial, the nurse and patient share the duties of performing self care activities, while in, supportive-educative, the nurse works towards helping the patient. This is in the form of developing their own self care abilities, and is one through imparting knowledge, supporting and encouraging the

Women's Rights in Islam Research Paper Example | Topics and Well Written Essays - 2500 words

Women's Rights in Islam - Research Paper Example Social responsibility among Muslims originated from the Qur’anic scripture which says: â€Å"And [as for] the believers, both men and women—they are friends and protectors of one another: they [all] enjoin the doing of what is right and forbid the doing of what is wrong, and are constant in prayer, and render the purifying dues, and pay heed unto God and His apostle. It is they upon whom God will bestow His grace: verily, God is almighty, wise.†i The above Qur’anic verse indicates that men and women are to cooperate with one another in the educational and political sphere (they should understand God’s commandments and have an influence in society to actualize God’s wisdom), in the social sphere (helping the poor and the disadvantaged), and in the religious sphere (prayer). These required tasks mentioned in the verse reveal that both men and women are to actively take part in society instead of simply being submissive or indifferent. Participation in the political realm is a way to accomplish one’s duties to society. Political participation can be carried out in various ways, from voting, to occupying a position as a magistrate or lawmaker, to being a national leader. Islam offers examples for each of these positions, roles, and duties for women. Within the spiritual realm, Islam does not distinguish between men and women. According to the Qur’an, men and women have to fulfill the same objective—both will receive rewards or punishments based on their personal deeds, both will be tried by God, and both have an obligation to live up to their religious duties. Every time the Qur’an specifies those blessed people who will be accepted to the Garden of Bliss due to their goodness, piousness, and virtue, it cites both men and women: â€Å"And whoever does righteous good deeds, male or female, and is a (true) believer [in the Oneness of Allah (Muslim)], such will enter Paradise and not the least injustice, even to the size of a Naqira (speck on the back of

Rousseau's Influence on the Critical Theory of Karl Marx Essay

Rousseau's Influence on the Critical Theory of Karl Marx - Essay Example This led to the movement of some sociologists. Theory of Karl Marx is an important milestone in this fightback for the poor and lesser privileges sections of the society. The critical theory of Karl Marx was another fine example in the series of thought provoking ideas of how the sociologists desired the world to be. It was in June 1844 that the critical theory emerged with the Economical and Philosophical Manuscripts of Karl Marx. He continued to work towards symbolizing the class struggle with the Hegelian philosophy as a guiding principle and came out with the first volume of his critical analysis of capitalism, Das Capital in 1867, which was a treatise of the economy and politics prevailing in the the 20th century1. Born on 5th May 1818 in Trier, Prussia (now Germany) Karl Marx was a highly influential thinker and revolutionary who started following the philosophical tradition of G. W. F. Hegel, but turned develop his system of thought mainly on the political aspects of economy (Jones, 2001). While working on the critical theory, Karl Marx took inspiration from a number of contemporary and earlier social thinkers. Jean Jacques Rousseau, a Swiss born political theorist was one such writer which finds an influence in the propounding of the critical theory. ... In the critical theory it was suggested that the class conflict would end up destroying the capitalism and lead to socialist society in which the resources would be equitably distributed instead of benefiting a selected few (Griffiths, 2005). Rousseau was a leading writer who is often considered as one of the earliest torchbearer of the modern socialism and communism. This very thought is echoed in the works of Karl Marx as well. Rousseau too criticized the tendency amongst the individuals towards amassing wealth at the cost of further impoverishing a large section of our society. He postulated man in a 'state of nature', in which he depicted how the man is divested of his social and cultural aspects (Zeitlin, 2000). In his 'Discourse on the Origin of Inequality' Rousseau argued that human beings by nature do not indulge in irrational behavior, but the social inequality becomes the root cause of injustice and moral corruption (Adams and Dyson, 2003). In fact, it has been argued by ma ny sociologists that failings of social structure result in alienation. The failings can be pinpointed as weaknesses in the moral fiber of the social organs or as a deliberate manipulation of social relations. Thinkers like Rousseau and Marx suggested adopting ways and means so that the effects of alienation can be minimized on the masses and the social fabric can be reconstructed for creating a better world. Rousseau suggested that in order to harmonize the social equality concept, the natural man need to be discovered. He stated that conducting experiments for such discoveries might prove to be difficult and therefore he suggested some alternatives to approach the problem. These alternatives included (Zeitlin,

Film Critique on the movie Gladiator (Russell Crow) Essay

Film Critique on the movie Gladiator (Russell Crow) - Essay Example The film Gladiator was a hit at the box office fetching largely positive reviews. However, Elvis Mitchell from The New York Times did see the movie in a negative light and commented eloquently about the film as â€Å"grandiose and silly† (Mitchell, 2000). Nevertheless, the audiences and the fraternity completely disagreed with the cynical critic, and the picture won five Academy Awards at the 73rd Academy Awards including the Best Actor award for Russell Crowe in the leading role and Best Picture award, which was definitely a note of acceptance and accrediting for the entire crew and cast. Apart from captivating an adventurous life of a historical hero, for which the American audience have always shown a special fascination, the film had stolen the show for its â€Å"appealing plot, with distinctive characters, inspired acting, breathtaking cinematography, and a haunting musical score,† as Emily Albu very rightly commented in her epoch making essay â€Å"Gladiator at t he Millennium† (Albu, 2008, p. 185). ... The Final Critique: Gladiator Story Line Plot structure, narrative framework or the screenplay of a film, by whatever name it is called, mostly forms the basic ingredients enabling the success of a film. The narrative framework of a film therefore cannot be undermined at all. The film Gladiator is the brain child of David Franzoni, John Logan, and William Nicholson. The film Gladiator is conceived keeping in mind the 180 AD Rome; the film tries to admit historical personages. The presence of the historical figure such as Marcus Aurelius, who was an emperor-philosopher, and his son Commodus indicates much of the sources drawn from the history. However, it is evident that when the plot of the film Gladiator is judged on a comprehensive scale, it is inferred very easily that the film is a loose adaptation of the history and cannot be treated as a direct conversion of chronicle into drama. The plot of the film is tremendously fictional. Moreover, as the history of Rome or, on the contrar y, any ancient history bases upon the quest for power and throne, the elements of politics, romance, drama, emotion, and action become quite inherent in the stories developed keeping the ancient empires and their stories in the backdrop. The story of the Gladiator revolves around the protagonist of the story, Maximus Decimus Berilius, played by Russell Crowe. Maximus is one of the finest generals of the emperor and is the deserving candidate for the throne. Nevertheless, before the official succession, Commodus played by Joaquin Phoenix brutally murders his father and takes the position of his father and complete control over his throne ordering

Chinese new year Essay Example | Topics and Well Written Essays - 500 words

Chinese new year - Essay Example An analytical explanation of the Chinese New Year festivities establishes the validity of this statement. The Chinese New Year is lunar, commencing on the first day of the new year containing a new moon and concluding fourteen days later with the Latern festival. Years rotate in accordance with both a 12-year cycle of animal zodiacs and a 10-year cycle of heavenly stems, in addition to bi-annual rotating stems. The animal zodiacs are comprised of the rat, ox, tiger, rabbit, dragon, snake, horse, sheep, monkey, rooster, dog and pig. The elements consist of Wood, Fire, Earth, Metal and Water and the heavenly stems are ying and yang. This means that depending on the date, the new year assumed the name of an animal, a particular element and is categorized as ying or yang. Within the context of Chinese culture and religious belief, the nature of a year determines one's fortunes, depending on whether or not it is in harmony with one's birth year (Ki, 2005). As earlier noted, the Chinese new year unfolds over a fourteen day period, calculated by some as fifteen since preparations commence on the day before.