The Nature of Leadership Free Essays

Administration can allude both to the way toward driving, and to those substances that do the main. Authority has been a focal, and once in a while questionable, point in the investigation of associations. Regardless of cases despite what might be expected, there is significant proof that authority is decidedly identified with an assortment of individual and authoritative results. We will compose a custom article test on The Nature of Leadership or on the other hand any comparable point just for you Request Now Pioneers, by their very jobs, are liable for settling on choices that help their associations adjust and prevail in serious conditions (Antonakis et al, 2004). Pioneers don't just force objectives on adherents, however work with others to make a common feeling of direction and bearing. Pioneers fundamentally work through and with others. They likewise help to set up the conditions that empower others to be powerful. Initiative is a capacity in excess of a job. In spite of the fact that initiative is frequently put resources into †or expected of †people in places of formal power, authority incorporates a lot of capacities that might be performed by any various people in various jobs all through a network. Pioneers oversee and supervisors lead, however the two exercises are not equal. The board capacities can possibly give initiative; administration exercises can add to overseeing (Antonakis et al, 2004). Thinking about based the above articulations caused me to understand that viable administrators don't just regulate the individuals under him/her however ought to likewise be a prime initiator of development wherein undertakings and objectives of the division and the association in general. Thusly, chiefs should be imaginative just as observing with regards to dissecting and evaluating the assets of the organization. Creating and assessing the productivity of a specific activity technique will be useful in keeping up the general intensity of the business association. In actuality, having the option to ponder the variables that will significantly impact the accomplishment of the business ought to be exceptionally thought to be through target examination of the current states of the business condition especially the business to which the organization has a place. The three significant administration styles: free enterprise, vote based, and dictator authority. Free enterprise pioneers show no drive in coordinating or dealing with the gathering; he/she permits the gathering to create all alone, as it has no genuine position. In particular, the pioneer addresses questions, gives data, or gives no fortification to the gathering. Besides, the pioneer assesses and condemns pretty much nothing, and is in this way non-compromising. The pioneer permits the individuals to settle on their own choices (Antonakis et al, 2004). Then again, fair pioneers give headings, yet permit the gathering to settle on its own choices. In particular, individuals are urged by law based pioneers to decide objectives and techniques, and to animate their self-course and self-realization (Antonakis et al, 2004). In addition, law based pioneers offer recommendations and fortify members’ thoughts. In the wake of offering these recommendations, giving data, and explaining thoughts, the pioneer permits the gathering to settle on the choice. In initiative styles, the law based pioneer is in the styles. The tyrant chief is something contrary to the free enterprise pioneer. The tyrant chief sets the plan, decides the group’s strategies, appoints errands to the individuals, and settles on choices for the gathering without talking with them. At long last, the pioneer assumes liability for the group’s progress, however acknowledges not many recommendations from the gathering (Antonakis et al, 2004). Once in a while do the gathering individuals speak with each other, however they speak with the pioneer. Pioneers ought to have vision for the association. The pioneers sell vision by noticeable administration consideration, proactive strategies and methods, acknowledgment frameworks, steady change desires, and shared greatness (Antonakis et al, 2004). Pioneers ought to likewise have confidence that in change, the association can achieve its motivation. Also, pioneers ought to have trustworthiness, a moral feeling of equity, decency, and genuineness, with the goal that the individuals can put stock in their promise. Concerning pioneers in an association as the nurturing components in each association in that without chiefs, associations can't in any way, shape or form work appropriately. Consequently, a solid connection is noted between a leader’s effectiveness and association execution (Antonakis et al, 2004). It has been perceived that pioneers are a critical force behind the advancement and effective improvement of an organisation’s system and such achievement is a lot of ward upon their mentalities, conduct and pledge to their particular duties. The fundamental strain that underlies numerous conversations of hierarchical change is that it would not be vital if pioneers had carried out their responsibilities directly in any case. Arranged change is typically activated by the disappointment of individuals to make ceaselessly versatile associations. In this way, hierarchical change routinely happens with regards to disappointment or some likeness thereof. Effective change must include pioneers who at first actuate the change by being visionary, powerful and predictable. A change specialist job is generally mindful to make an interpretation of the vision to a reasonable arrangement and do the arrangement. It is unthinkable for a pioneer to get unprecedented accomplishment alone. In addition, collaboration is required in a temperamental market and most particularly in the business we are in. In the event that you can’t rely upon others, you will never turn into a pioneer in light of the fact that the better we can enhance in the event that we believe we are increasingly trusted. In the event that a pioneer confides in his staff, his staff will believe him back. As a pioneer, trust is required and that a group ought to be fortified with the ability to confide in one another (Antonakis et al, 2004) . Authority involves the fitness and capacity to move and impact the reasoning, mentalities, and conduct of others. Initiative is a procedure of social impact where one individual can enroll the guide and backing of others in the accomplishment of a typical assignment. Despite the fact that this determination appears to be generally straightforward, the truth of initiative is unpredictable. Intrapersonal factors, for example, thoughts and feelings, associate with relational procedures (i.e., fascination, correspondence, impact) to have consequences for a unique outer condition. Every one of these angles carries multifaceted nature to the initiative procedure. References Antonakis, John, Cianciolo, Anna T. what's more, Sternberg, Robert. The Nature of Leadership.â United States: Sage Publishing House, 2004.     Step by step instructions to refer to The Nature of Leadership, Essay models

How to Write a Paragraph About Yourself

How to Write a Paragraph About YourselfNow that you are going to start getting people to sign up for your article marketing campaign, you will need to learn how to write a paragraph about yourself. This way, the article you write will be more informative and interesting than if you simply throw out random information and start filling it with keywords and stuff.When you write a paragraph about yourself, make sure you write about one main thing. You should start your paragraph with a purpose or a goal that you have for yourself. This paragraph is your introduction to your business.Next, you should talk about your dreams and goals. You will want to tell everyone why they should join your niche and what your purpose is for the niche. You should explain why you believe in your niche and what you want people to achieve from your niche.Finally, you should talk about your experience in your niche. You can tell people about all of the ways that you have been successful. You can tell people a bout how you made it big in your niche and how you have succeeded. You can also tell them how you have learned everything there is to know about your niche.The paragraph you write about yourself should go on to explain the person that you are. You should tell people about who you are and why you have been successful in your niche.Then, you should tell people about what you are going to do to help them become successful. For example, you could tell people that you have this great program that will teach them how to be more successful with their niche.You should say that you have done different things in the past that you believe will help people become successful. Your paragraph should be filled with different ways to help people become successful in their niche.Keep in mind that each paragraph you write about yourself should focus on one thing. Your paragraphs should have one goal, one thing, and one person. Once you learn how to write a paragraph about yourself, you will soon see t hat it is an extremely powerful way to market yourself.

Subliminal Advertising :: GCSE Business Marketing Coursework

Subconscious Advertising 1.) On TV, a typical method to impact a watcher is to streak messages or pictures for so brief period, that it nearly appears to be a glimmer that actually never occurred. Ways this has been utilized is by glimmering pictures that are satisfying to the eye, similar to a showy shading, or perhaps an image with sexual allusion. The least expensive method, typically utilized by individuals, similar to vehicle sales reps, is to ask the watcher a series of inquiries, which we as a whole realize will have the appropriate response yes. By doing this, the business prepares you to concur with any pitch they are attempting to make you purchase. 2.) A progressively clever approach to make you purchase an item is to program your feelings, addressing yourself, Would I be a terrible individual on the off chance that I don't by this item? For example, the individuals that might want you to give cash to the debilitated, hungry youngsters is some run-down town. They give you pictures of infants crying, grown-ups with scarcely any meat on their bones. The business at that point asserts that by your gift, you can spare an actual existence, yet on the off chance that you don't, you're allowing a real existence to life. This procedure is a successful way, yet I accept that there are a few morals engaged with intentionally altering one's feelings. 3.) A procedure normally depicted as utilizing popular expressions is discovered more in print than on TV or radio. In the event that we are looking through a paper and we see an energizing conspicuous word, our eyes will in general draw towards it. Organizations are completely mindful of this, so that’s why they streak words on their promotions like, FREE, NEW, Rush. Something about these words makes us need to perceive what the object is about, and to peruse the organization's advertisement. Presently when you do peruse the advertisement, there will be trendy expressions implanted into the promotion that don't look showy. It is consistently words that don't really have any noteworthy significance, yet they are included in any case. For instance, words like, natively constructed, improved, 100%, scrumptious, just to give some examples. 4.) Michael Jordan is selling you Gatorade, Jerry Seinfeld is backing up American Express, and Paul Reiser needs you to utilize AT&T. For what reason do these well known stars show up on advertisements and promotions? The object is to subconsciously give the item qualities that it never at any point merits, similar to riches, notoriety, and achievement.

Get Accepted To Harvard Business School [Free Webinar]

If you’re applying to Harvard Business School, then you’ll want to attend Accepted’s upcoming webinar,  Get Accepted to Harvard Business School. During the webinar, Linda Abraham, Accepted’s CEO and founder, will discuss important application tips that apply specifically to Harvard’s application, including 4 key steps for HBS acceptance! Mark your calendars! The webinar will air live on Tuesday, June 23th. [Please note: The June 24th 10:00 AM PT and the 5:00 PM PT sessions are now completely FULL.   We have opened up another webinar slot to meet demand and it will take place on June 23 at 5 PM PT.] Reserve your spot for Get Accepted to Harvard Business School  today and get one step closer to securing your seat in the Harvard HBS class of 2018! Get Accepted To Harvard Business School [Free Webinar] If you’re applying to Harvard Business School, then you’ll want to attend Accepted’s upcoming webinar,  Get Accepted to Harvard Business School. During the webinar, Linda Abraham, Accepted’s CEO and founder, will discuss important application tips that apply specifically to Harvard’s application, including 4 key steps for HBS acceptance! Mark your calendars! The webinar will air live on Tuesday, June 23th. [Please note: The June 24th 10:00 AM PT and the 5:00 PM PT sessions are now completely FULL.   We have opened up another webinar slot to meet demand and it will take place on June 23 at 5 PM PT.] Reserve your spot for Get Accepted to Harvard Business School  today and get one step closer to securing your seat in the Harvard HBS class of 2018!

Is Technology a Boost to Life or an Obstacle Essay examples

What is technology?.Technology is how people use and make modifications to everything that is in the environment as tools, knowledge, machines, techniques and even methods of organization in order to solve a problem or make something easier. Technology can significantly affect humans and animals to adapt to natural environments. Technology has played an important role in the development of the quality of life of humans and animals and has also played an important role in the conservation of our environment. Technology has been one of the areas were the mankind have always been interesting because how it can make daily lives and jobs different by all meaning. Throughout technology, Mankind had seen different eras pass by. In the beginning†¦show more content†¦The percentage of students taking online classes has improved from a 23% to a 45% and the average of online classes taken is two per online learner. Nowadays the cell phones are equipped with the last technology and we u sed them to do homework or interchange knowledge with somebody else. The smart phones can download a series of free encyclopedias that can give the right answer in any circumstance, you do not need to go to the library and look trough a bunch of dusty books to get an answer. In the classroom you can find top of the line technology as projectors and software that add to the class amazing videos or additional explanation. There is a computer in every classroom that gives the teacher the opportunity to clarify any doubt in minutes and find examples to support any ideas. Besides of the development that technology has brought to the learning environment, it has also brought some problems. In the text Good Intentions and Unanticipated Effects, John Nworie and Noela Haughton stated, â€Å"The nature of disruptions encountered by classroom teachers is changing. In the past, disruptions were typically student’s chewing gum, eating or taking naps during class, engaging in acts of incivility including the occasional brawl, and the like. These disturbances, in many ways, pale in comparison to those accompanying the use of technologies in today’s classrooms(Nworie and Haughton 52)†. The Internet can become an amazing tool to learn and teach in theShow MoreRelatedTechnology And Economic Growth Development1280 Words   |  6 PagesTitle Technology and economic growth Author Introduction/Significance of the Problem This is in an age of amazing technological transformation compelling people to consider the association between technology and economic growth. Fundamentally all economists agree that productivity growth is the key to doing better over the long term. A standard of living of any nation is the most important sign of national economic performance. The technology and economic growth combination yields human developmentRead MoreObjectives Of A Job Report In The Summer Training985 Words   |  4 PagesIntroduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.........2 Objectives of training†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 About KACST†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 About CITIR†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 My own job description†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 Capabilities†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 Obstacles and difficulties†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 Acknowledgment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 Introduction In this report I am going to describe what I`ve done in the summer training, and what it was about, and explain the objectives of training ,what IRead MoreWhat Are The Potential Changes Of A Business915 Words   |  4 Pageson the startup of new businesses. By having the government giving the opportunity of new startup businesses to create new businesses in the country; it will not only increase the country’s GDP growth, but it will also create jobs and bring in new technology from abroad. As for these reasons; we will consider the benefits of creating of a business, the taxes, and the fatalities of the downfall of a business. The creation of new businesses is one of the most important acts in a country. Some of theRead MoreHistory Of Physical Fitness And Exercise1287 Words   |  6 Pageshave thought of it as working out, but rather as a way of life. Centuries ago they did not have the machines and weights we have today, but yet people of that day were in better shape than the people of today. Physical development followed a natural path that was determined by the practical needs of life as well as the need to avoid threats and take advantage of opportunities for survival. To survive in a harsh environment filled with obstacles and human enemies, early man had to know how to run, walkRead MoreEssay about The Pros and Cons of Cloning1054 Words   |  5 Pagescloning to be valuable and productive. For example, Agricultural scientists use embryo cloning to boost the number of offspring from farm animals. They hope to use cloning as to increase the number of offspring from animals with desired traits, such as lean meat or above-average milk production. Research biologists also use the technique of cloning to study how animals develop during the early stages of life. Humans find interest in cloning because it can be used as medical treatment, such as forRead MoreAdvantages of Social Media for Teenagers Essay1509 Words   |  7 PagesIn this modern era everyone is very into social media. Social media has become a part and parcel of everyone’s life. Even kindergarden students have at least a little knowledge on social media. Social media is defined as a relationship that exist between network and people. A very common and widely used example of social media would be web sites for social networking and microblogging. Examples of utmost used social networking sites are â€Å" Facebook Ë ® and â€Å" Twitter Ë ®. Nowadays coming across kids onRead MoreArgumentative Essay On Cyber Bullying1326 Words   |  6 PagesMontes 1 Michelle Montes Professor Diep and Professor Borla ENGL boost August 4, 2017 ROUGH DRAFT: Although bullying happens nationwide people, sometimes fail to acknowledge the importance of the topic and how it affects individuals and society. There are several ways the reality of bullying is taking place, which disrupts not only kids but also adults; whether it is physical, mental, or cyber bullying it is all contributing to promoting a barrier that may be perceived as negativity. However, fromRead MoreThree Great Men that Embodied the American Dream1381 Words   |  6 PagesThe American dream is based upon the drive to become successful in life. It is a social ideal that having both freedom and liberty will include opportunity for prosperity and success in America. America is the land of opportunity. We are the home of freedom and liberty. Any man, immigrant or native born, all want the same thing. That is to make money. The reason why I put so much emphasis on man is that during this period in America and when the American dream was the most emphasized was during theRead Mor eSports Is The Form Of Competitive Physical Activity1565 Words   |  7 Pagesof maintaining or improving physical ability and psychological health on one hand and the aim of providing enjoyment on the other. Sports forms an integral part of modern life as it boosts the economy of the country, encourages a positive spirit in the community, provides an intellect of idea and imparts knowledge of basic life skills. Sports coaching refer to the procedure of training, guiding, and motivating the individuals in preparing for the concerned sport (Jones Kingston, 2013). Sports scienceRead MoreMy College Career Changed My Life726 Words   |  3 Pagesfull-time employment. I was able to continue with my education for several more years, and then another bump in the road†¦divorce. I was now faced with being a single mom having the total responsibility of supporting my children and giving them a good life. I knew I would be unable to do that successfully without a degree, so I decide d I needed to get myself back to school. I still had to attend part-time, but I was moving forward. After several years went by, along with another few years of off and

Evening Over Sussex Reflections in a Motor Car by Virgina...

In â€Å"Evening Over Sussex: Reflections in a Motor Car† by Virginia Woolf, the narrator is riding in a car through the landscape of Sussex, as the day is approaching nightfall. In this journey, she appears to be depressed, due to the thought of aging. She then looks back into the past, contemplating her experiences, but develops a change in thought, changing from melancholy to delight, that changes her meaning of life. According to the statement by Hilliary Clark, â€Å"the process of self – othering†, what she meant is that you have to experience not only your current perception of the world, but also through other perceptions of the world, while trying to gain a new understanding of the world. Through this method, the narrator is able to experience and understand emotions that are meaningful to her. In this essay, she divides her impressions of her current self into â€Å"four selves†- the first two selves representing the decay of beauty, the third s elf being the current perspective of the narrator, with the fourth self being optimistic towards the future. The threshold that Woolf is crossing in her essay is her perception towards life and death and its significance towards the human experience, as she is using the justification that death is meaningful in our lives. Towards human perception, what Woolf is saying is that common patterns and daily routines, such as â€Å"Eggs and bacon...and then to bed,† suggests the continuation of emotion and thought that give rise to new meanings

Condoleezza Rice free essay sample

Rice The person I decided to write my paper on is Condoleezza Rice. I chose her because I feel that she has played an important role in African American history. Condoleezza excelled in her education at an early age. She also worked in the White House alongside other well-known individuals like the former President George Bush. She had to overcome many obstacles to get where she is today, and for that I admire her. Born on Nov 14, 1954, Condoleezza Rice was an only child. She learned to speak French and play the piano at an early age. After tracing her roots Condoleezza discovered that her ancestors were a part of the pre- Civil War era. Condoleezza entered the University of Denver at the age of 16 with plans of becoming a pianist. Rice also enjoyed figure skating in her younger years. Condoleezza made history by being the first African American woman to serve as Secretary of State from 2005-2009. We will write a custom essay sample on Condoleezza Rice or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page She also was the first African American woman to hold post head of the NSC. Condoleezza served as the nation’s security advisor from 2001-2004. During this time she was known to have a huge impact on the influences of advising President Bush. Condoleezza overcame many obstacles to achieve success. The hardest obstacle she faced would probably have been racism. The fact that she was African American did not sit well with many of her peers. Another obstacle she had to face to achieve success was the fact that she was a female. Back in those days I’m sure females were not expected to take certain jobs or positions. Condoleezza overcame these obstacles by focusing on her goals and not being intimidated. During her younger years Rice witnessed many acts of racism and prejudice. Although she didn’t let this deter her, she used it to motivate her to push further. I think these obstacles are what made Condoleezza set her goals so high at such an early age. Condoleezza graduated from high school at the age of 16. Education was very important to Rice as well as her parents. Her father ensured that she got the best possible education. He did this by sending her to an all-girls Catholic high school in Colorado. She was so well educated that she was able to enter college at the age of 16. I would say that there are two main things that inspired Condoleezza to achieve. Those two things are gender and race. I am inspired by her because she has shown me that with determination anything is possible. Had she gave up when others put her down or criticized her; she wouldn’t be where she is today. Reading up on Condoleezza has inspired me to want to better myself. Not just for my benefit, but for my family as well. I want my son to see my determination and drive and be proud of his mother. In her commencement at Vanderbilt University Rice wrote; â€Å"I remember the bombing of that Sunday school at 16th Street Baptist Church in Birmingham in 1963. I did not see it happen, but I heard it happen, and I felt it happen, just a few blocks away at my fathers church. It is a sound that I will never forget, that will forever reverberate in my ears. That bomb took the lives of four young girls, including my friend and playmate, Denise McNair. The crime was calculated to suck the hope out of young lives, bury their aspirations. But those fears were not propelled forward, those terrorists failed. [78]†. — Condoleezza Rice, Commencement 2004, Vanderbilt University, May 13, 2004 References â€Å"Smart, savvy, strong-willed Rice charts her own course (http:/ / www. cnn. com/ CNN/ Programs/ people/ shows/ rice/ profile. html). CNN. (2001) http://www. britannica. com. proxy. cecybrary. com/EBchecked/topic/862039/Condoleezza-Rice

Underwriting and Underpricing Essay Example

Underwriting and Underpricing Essay Underwriting spread represents the net proceeds that the underwriter will realize from the investment. It is the difference between the price per share that is paid to an issuing corporation by an underwriter or underwriting group, and the public offering price that the underwriter offers to the public. While traditionally the underwriting spread was viewed as compensation for underwriting the issue, it now has been introduced as an incentive fee where it act as bonus for investment bank when they performance better than expected.There has been evidence of clustering of spreads internationally, in the US spread is clustered at 7%( Chen+Ritter 2000), in Hong Kong 95% of fees are clustered at 2. 5%( torstia 2003) and in Europe fees range from 3-4%. In general, the more clustering presented in a country, the smaller the spread, vice versa. Furthermore, Esho et al (2004) analyzed the underwriting spread in Euro market found out that there is a positive and direct relationship between the fee charged by the investment banks and the reputation of the investment bank. (link to underpricing Underpricing refers to the first trading day closing price typically exceeds price at which the shares were offered to the public. Over 20 years, researchers investigated the underpricing puzzle associated with initial public offerings (IPOs). Ibboston1975, Ibbostson and Jaffe 1975 and Ritter 1984, among others, all document convincing evidence that initial public offerings are, on average underpriced. There are sufficient evidence of underpricing in UK (increase over time, from 3. 8% to 19%, Chambers and Dimson 2009), USA (40% between 1999-2003) and internationally(gt;15%).Visas offering in March 2008 is a good example of how IPOs are strategically underpriced. Although the IPO of Visa was an almost certain success, the price was kept at a low $44. As buyers ran in, the stock jumped to $69 and, although it fell back to $56. 40 by the close, there was a 28. 4% underpricing, thus lea ving a huge amount of the issuer’s money on the table. However, compared to the overpricing Facebook 2012 which made investors unhappy and damage the bank’s reputation, it can contribute to the reason why underwriters underprice the shares. Therefor it is clear that both underpricing and underwriting spread are costs for the issuer.Chen and Ritter (2000) explained the cost, by stating that underwriting spread was the direct compensation for IBs underwriting the issue and the level of underpricing was an indirect compensation. Smith (1986) also argued that the issuer seeks to maximize the issuer proceeds when it sells securities in an underwritten issue, and is not separately concerned about the underwriting spread or the offer price. Although underpricing and spread are both costs to issuers, issuers still consider the underwriting spread and underpricing together in an IPO based on the following reasons.The issuer’s objective is to minimize the underpricing and spread costs associated with its IPO of its common equity. More concerted effort by the underwriter or the choice of underwriters could reuce the underpricing costs associated with the offering. For instance, banks that specialize in underwriting firms from certain industries, or reputational investment banks may provide greater certification value for firm’s IPO and hence reduce its underwriting costs. In return, such banks could be expected to demand a higher spread as compensation.The spread could also be a function of the risk associated with the security and the size of the offering among other factors. If we consider the spread and underpricing from the underwriter’s view, according to the principal-agent theory, underwriter faces a trade off between the level of underpricing and the fee. This is because if they underprice they face less risk of not being able to sell the issue, but the fee can be dependent on the value of the issue. This shows there is a trade off between spread and underpricing.And the theory suggests the issuer should delegate the decision of deciding the fee and the level of underpricing to the underwriter so they can balance the costs. Because the issuers do not have enough information, do not actually decide. This view can be supported by early studies focus on asymmetric information, which is one of the reasons of underpricing. Baron (1982) argues that asymmetric information exists between underwriters(better informed) and the issuers(less informed), therefore, underwriters are able to price new issues below the market equilbrium to reduce the probability that they will absorb losses due to unsold shares.Another theory which is the efficient contract hypothesis, whereby banks do not compete on the fee/spread, this is fixed, but compete on other quality variables such as underpricing certification and reputation. This once again highlights there is a relationship between spread and underpricing, as if spread is fixed , underpricing is a means for competing against other underwriters. Evidence of this was found by Honsen (2001) where____ issues where spread was fixed at 7%, there was a higher variation of underpricing, suggesting underwriters were competing on underpricing as they were not on the spread charged.Both principal-agent theory and efficient contract hypothesis showed evidence that there is negative correlation between spread and underpricing. However, Kim et al. found out that there is strong evidence that over the long term, underpricing and underwriting spreads are positively related. In particular, low-quality issuers are charged both higher underwriting spread and initial returns as compared to high-quality issuers. This was specifically prominent in low quality issuers who were charged fee of 7. 3% and underpricing of 45. 21%, whilist high quality issuers were charged fees of 7. 39% and underpricing of 18. 92%. This suggests a complementary relationship between spread and underpr icing particularly for low quality issuers. However, Yeoman(2001) suggested net proceeds maximisation theory, whereby the spread and underpricing are substitutes and negatively related. The found evidence of this in his research of IPOs from 1988 to 1933, where there are trade offs that the underwriter must decide between.This was further supported by Ljungquist(2003) who also found a negative relationship between spread and underpricing and therefore as initial returns increased the spread decrease and vice versa. Therefore, there is mixed evidence on ____initial returns and underwriting spreads in IPOs are complements or substitutes, ___evidence found of both a positive and negative effect. However, it is clear that there is a strong relationship returns, that must be managed by both issuers and underwriters.

Your Online Reputation †inspired by the Harvard Business Review

Your Online Reputation – inspired by the Harvard Business Review Last week I covered the issue of Facebook privacy in my article Facebook Privacy? What’s that?   While Facebook raises many privacy issues, your online footprint as a job seeker extends far beyond your Facebook profile. Even if you have avoided Facebook altogether, chances are you have not completely avoided the internet; and this means that you have an online reputation that can be explored- and exploited- by potential employers. The Harvard Business Review published an article on April 3, 2012 by Michael Fertik entitled, â€Å"Your Future Employer is Watching You Online. You Should be Too.†Ã‚   Before I read this article, I had not fully considered all the different ways employers might be researching candidates. I had seen statistics, which   Fertik also shares, that more than 75% of employers actively research candidates online (note this was a December 2009 statistic from Microsoft and is probably higher now), and that more than 70% of employers have decided not to hire a candidate based on what they have found online. I assumed that recruiters were looking at major social media sites like Facebook and LinkedIn; but according to this HBS article, recruiters dig much more deeply, looking through â€Å"shopping profiles, online gaming sites, classifieds and auction sites (think eBay and craigslist) – and even in virtual worlds like SecondLife!† You are always a shopper – and you are always the shopped Are you as amazed as I am at the extent of targeted advertising on the web? I get Facebook ads put in front of me for services relating to yoga, healthy diet and personal growth, probably because of the yoga videos, green drinks and books I search for and/or purchase on Amazon. Google has made it spookily easy for advertisers to discover my personal preferences. Clearly, if advertisers can do it, employers can too. There is basically nothing to stop employers from profiling their ideal candidate based on qualities like political inclinations, preferred leisure activities, diet, languages, etc. Of course job history and skills are still the primary considerations, but to narrow down the field, screening for other traits seems a natural extension of what advertisers do every day. Employers can search for you almost like they would for a pair of shoes. What Fertik drives home is that in today’s world, you are really always a job seeker whether you want to be or not. You *are* being researched. Whether you are found is another story. But if you are, you’ll want to look good when the right company finds you. Steps to take In addition to shopping only for items that do not cast doubt on your character, and of course ensuring that your Facebook and LinkedIn profile are professionally presented, there are additional steps you can take to manage your online reputation. Here are three important ones mentioned by Fertik: Check your own Google results. The first five results should make you look good. If they don’t, it’s time for an overhaul of your online reputation. Maybe it’s even time to create a website with the URL firstnamelastname.com or as close as you can get. Does an unsavory character share your first and last name? In that case, address it up front with employers whenever possible so they know to look beyond those initial results. Establish yourself as a skilled professional online. Participate in reputable forums, LinkedIn groups, and anywhere else where you can establish thought leadership online. Don’t assume anything is private. There is always a chance that emails, e-photos, etc. will somehow be discovered or appropriated by a spammer. Privacy settings do not protect you the way you might like. Have you Googled yourself lately? What did you find? Are you active in online forums? Do you think you would be chosen by an employer for the job you want? Please share your thoughts below.

French revolution Essay Example | Topics and Well Written Essays - 1250 words

French revolution - Essay Example The revolution reached its climax in 1789 upon the reconvening of the estates-general, France’s ancient legislative arm, when it became apparent that the higher class had refused to give away their privileges in the interest of saving the nation’s crippling economy. The ordinary French citizens seized this chance to force a revolution. The revolution thus got born out of a battle to attain equality and remove oppression and thus reshaped France’s social and political dimension. The French revolution served an unexpected blow to the nobles. The revolution saw the abolition of privilege and the declaration of rights of man and citizen (Hunt 62). The document of declaration made it clear that each French citizen was equal. The nobles had managed to monopolize all of the country’s wealth and had become adamant in their refusal to share the tax burden that got inflicted on the country’s wealth. With the onset of the revolution, a few nobles who sensed da nger switched sides and fought for the revolution. The nobles who still remained adamant to their privileges faced the fury of the revolution mob (Tackett 101). Many got sent to the guillotine. The revolution achieved the aim of bringing equality among the French citizens. The abolition of privilege also saw a new tax system get put in place where every citizen got to pay his tax share according to the wealth he possessed. Nobility got completely ended. The revolution also saw the abolition of church privileges that impacted on the clergy. The clergy got considered as first class citizens and most of them made up the noble class. Most of the clergy were bishops who got nominated by the king. The clergy got viewed in the same league as the aristocrats. Church property got confiscated early in the revolution. Church lands became nationalized and got sold leading to a full tenth of France’s lands to change hands. The revolution brought a massive redistribution of land that previ ously got consigned to the clergy. In present day France, church property belongs to the locals (Tackett 33). Priests got demanded to take new oaths of allegiance and loyalty to the state. Those who refused got imprisoned, executed or went into hiding. The clergy got employed as salaried officials of the state. The revolution also provided a beacon of hope and freedom to the lives of the ordinary people in France at the time. The revolution led to the creation of new political forces that centered on democracy and nationalism. This new forces gave the ordinary people hope of having an equitable and just society (Hunt 101). The revolution saw the birth of a new government system that shunned monarchy and aristocracy. The ordinary people became the significant beneficiaries of the fruits of the revolution. In the old order French society, not everyone got to enjoy rights. The revolution made a huge step towards having all men enjoy equal rights. The document of declaration of rights o f man and citizen showed promise to the ordinary people who got placed in the lower echelons of society. The French revolution did not only impact and shape the political arena in France; the revolution had a far reaching political consequence on the continent of Europe too. Most European countries at the time of the French revoluti

Long Term Care Insurance Essay Example | Topics and Well Written Essays - 1000 words

Long Term Care Insurance - Essay Example There are many reasons why retirees have suddenly started to consider the worth of long term care insurance policies. The main reason is however the dramatic increase in the insurance premiums. Buying insurance policies for long term care is basically gambling where risks, cost, and benefits can be calculated. These policies are not like the other insurances where the costs and risks are low but benefits are high; such as fire insurance. The insurance policymakers use tactics to sell their insurance policies by touting scary advertisements about probabilities of seniors spending life in nursing homes. Where the insurance premiums are too high, the benefits are comparatively lower. With insurance premiums of about $2500 annually, 60 year olds and other Americans do not purchase the insurance.The second main reason is due to several misconceptions that Americans have about long term care and insurance policies. The lack of awareness programs have led to many misconceptions which were h ighlighted during several surveys that took place recently on why Americans won’t buy long term care insurance. The biggest misconception that people had was that Medicare is going to cover their long term care. The truth is it does not due to the current system of long term care, the benefits provided by Medicare and Medicaid has reduced. Many Americans also believe that they are too young to buy long term care insurance while others also believe that long term care is already included in their health insurance policy.

Comparison Between Gold Rates and Sensex Essay Example for Free

Comparison Between Gold Rates and Sensex Essay Correlation : Correlation is a statistical technique that can show whether and how strongly pairs of variables are related. Correlation is computed into what is known as the correlation coefficient, which ranges between -1 and +1. Perfect positive correlation (a correlation co-efficient of +1) implies that as one security moves, either up or down, the other security will move in lockstep, in the same direction. Alternatively, perfect negative correlation means that if one security moves in either direction the security that is perfectly negatively correlated will move in the opposite direction. If the correlation is 0, the movements of the securities are said to have no correlation; they are completely random. Regression analysis: It involves identifying the relationship between a dependent variable and one or more independent variables. Case Analysis The initial analysis compares two Asset index prices the SENSEX and the GOLD. The Sensex has the top 30 stocks. The Gold is an important Asset in terms on Investment as it also offers the benefit on diversifying the Portfolio risk. To apply the Correlation and regression concept, we consider an investor who plans to invest in Gold looking at the rise in the gold prices. He is still reluctant if he should choose Gold as an investment option or if he should consider investing in some other investment options based on Sensex. as on 15th September 2012. Hence, he plans to carry out a research on the same, for which he attends a seminar on â€Å"Investment Opportunities†. There was a debate amongst the Financial Analysts â€Å"Does Sensex rates affect Gold prices?† Analyst1 : Gold prices have been on an uptick since 2000, while the stock market declined from 2000 to 2003 and then again in 2008. Hence, Sensex fluctuation does not determine the Gold prices i.e. rise in Sensex might not always lead to rise in gold price. Analyst 2: Through the recovery phase that commenced in 2003, gold prices kept rising. Analyst 1: Gold prices normally appreciates in value. Analyst2: Fluctuations in Gold prices are determined by the fluctuations in Sensex i.e.: Decline In sensex. This created a confusion. Hence, to clarify the confusion he plans to study the price trends of the Gold rates and the Sensex for the dates ranging from June 1st’2012 – August 31st2012. After checking the correlation he found that the correlation between the closing prices on Gold and Sensex was 0.24 which was weak. Thus, he decided that Sensex rates was not the only factor to consider investment in Gold. Otherwise, Gold is a good option for investment as it provides diversification and hedging in investment. Conclusion: Correlation between Gold and Sensex is 0.24 which is positive and weak. Thus, based on this correlation change in Sensex has an effect on Gold rate but it is very small.

A Feminist Perspective of Measure for Measure and The Merchant of Venic

A Feminist Perspective of Measure for Measure and The Merchant of Venice      Ã‚  Ã‚   Isabella's only power could be in saying 'no', her 'no' to Angelo that she would not leave the world despoiled and soulless, 'no' to Claudio that she would sacrifice herself, 'no' to the nunnery that she had wished to enter or 'no' to the Duke's offer of marriage. Isabella's role ability to be self-determining was quite different from Portia's advocacy in The Merchant of Venice, for Isabella was the tool of the Duke, fulfilling his scripting. Her nun's garb should have ensured a neuter role, and she intended her pity and love for her brother to involve her in this world only so far as to counsel him in honour. Despite her self concept, two men of the world with power over her saw her as a beautiful sexual object to be acquired. Against this, Isabella's strength was in theological purity, going straight to the sense of the Gospels. We cannot cast the first stone. We must have mercy for others, because "he which is the top of judgement" had mercy on us. Because the censors usually eliminated the word 'God', references were oblique, but there could be no real substitution of 'Jove' or 'the gods' here where the sense was so very New Testament. Isabella was preaching to a society which had gone far in condemnation and execution in the name of religion; she was a beacon of clear light. Portia actively sought mercy as the greatest response and carefully gave Shylock every option to release the bond which held him when she stage-managed the last-minute dramatic revelation, showing that he too could be forfeit. Significantly, the advocacy of both Portia and Isabella was the same: mercy must be applied to the law. Could a Duke's one gateway denouement be... ...d expanded, and the whole prospered on the servitude and devotion of women. Petruchio did his bit, as did Isabella's Duke, so that protectionism was the right end and repository for women's identity and role. Yet in the next section Benedick will meet his match, and that paragon, Portia, will tactfully remain within the rhetorical framework of male supremacy, costuming her more able endeavours.... i Jill Bavin-Mizzi, Ravished (Sydney: University of New South Wales Press, 1995). ii Margaret Thornton, "Women as fringe dwellers of the jurisprudential community", in Sex, Power and Justice (Oxford: Oxford University Press, 1995), p. 190. iii Charlotte Lennox (nà ©e Ramsay), 1729 -1804, actress and poet, Women Reading Shakespeare 1660-1900, An anthology of criticism, ed. Ann Thompson and Sasha Roberts (Manchester: Manchester University Press, 1997), pp. 17-18.

Debt and Equity Essay

Long-term financing requires a meticulous understanding of the various features of debt and equity and their impact an organization. While evaluating debt and equity, an investment banker also has to consider the unique characteristics of the organization’s dealings while ensuring that the organization’s requirements are met. Debt CapitalDebt capital includes all long-term borrowing incurred by the firm. The cost of debt was found to be less than the cost of other forms of financing. The relative inexpensiveness of debt capital is because the lenders take the least risk of any long-term contributors of capital. Their risk is less than that of other because (1) they have a higher priority of claim against any earnings or assets available for payment (2) they have a far stronger legal pressure against the company to make payment than do preferred or common stockholders, and (3) the tax-deductibility of interest payments lowers the debt cost to the firm substantially. Equity CapitalEquity capital consists of the long-term funds provided by the firm’s owners, the stockholders. Unlike borrowed funds that must be repaid at a specified future date, equity capital is expected to remain in the firm for an indefinite period. The two basic sources of equity capital are (1) preferred stock and (2) common stock equity, which includes common stock and retained earnings. Common stock is typically the most expensive form of equity, followed by retained earnings and preferred stock, respectively (Pinegar, Wilbricht, 1989). A firm’s capital structure is determined by the mix of long-term debt and equity it uses in financing its operations. Debt and equity capital differ with respect to voice in management, claims on income and assets, maturity, and tax treatment. Capital structure can be externally assessed using the debt ratio and the debt-equity ratio to measure the firm’s degree of indebtedness or the times interest earned ratio and the fixed-payment coverage ratio to measure its ability to meet fixed financial payments. Research suggests is an optimal capital structure that balances the firms; benefits and cost of debt financing. The major benefit of debt financing is the tax-deductible interest, and the costs of debt financing include the  probability of bankruptcy, agency costs imposed by lenders in their loan agreements, and asymmetric information costs attributable to managers having more information about the firm’s prospects than do investors (Modigliani and Miller, 1958). Reference: Modigliani, Franco and Miller, Merton. (1958). The Cost of Capital, CorporationFinance, and the Theory of Investment. American Economic Review. Pinegar, J. Michael and Wilbricht, Liza. (1989). What Managers Think of CapitalStructure Theory.

Fire Causes Mental Illness in Jane Eyre and Wide Sargasso Sea

Almost anyone that has had the misfortune of enduring an early childhood traumatic experience will readily admit that it has had lasting effects on his life. A traumatic occurrence at an early time in ones life will not only change the persons way of thinking, but it will also alter the relationships that this person has with certain people, places, or things. Normally comfortable settings will suddenly become extremely uncomfortable. People that the child was once at great ease with unexpectedly are transformed into completely different people in the childs eyes. For an adult, traumatic experiences are easier to handle, at least in my opinion. But for a child, going through a tragic event could completely destroy the type of†¦show more content†¦With 71 people being affected by fires at home everyday, it is easy to see that Antoinette Masons fate was not that unlikely. A more specific method of explaining Antoinette Masons condition is to discuss the mental state known as Post Traumatic Stress Disorder. Naomi Breslau states that one of the symptoms of Post Traumatic Stress Disorder is a numbing of affect and avoidance of thoughts, acts, and situations that represent the trauma (Breslau 924). In Wide Sargasso Sea, Antoinette clearly shows this type of symptom. In her last dream described by Rhys, Antoinette sees the pool at Coulibri (Rhys 112). This obviously shows that Antoinette can only deal with her past at Coulibri in her dreams, and not in reality. When Antoinette is walking down the hallway at Thornfied, she says Now at last I know why I was brought here and what I have to do (Rhys 112). At this particular point in the novel, it is clearly evident that Antoinette is simply recreating the tragic event that she was forced to endure during her childhood at Coulibri. The fact that she has a mental illness basically allows her to start the fire without having an actual flashback to the fire she suffered during her youth. It is certain that the fire at Coulibri was the chief cause of Antoinettes madness. However, more can be revealed about her with a closer examination of the burning of Coulibri and the fire she set at Thornfield Hall. At Coulibri, the blaze, started by family