Analysis Of Invisible Borders - 1066 Words

Ben Colvin Mrs. Loftis English 3, 2 April 11, 2016 Invisible Borders As a nation we advertise the ideal of unity, yet conflicts arise everyday amongst the people. The United States of America is divided amongst different cultures. Not necessarily by the cultures themselves, but by how people are perceiving these cultures and how these cultures go against other. People perceive other cultures by seeing these cultures through filters. Filters form by one’s own experiences and viewpoints. One’s beliefs, who they are as an individual, and by what cultures they are trying to represent also form these filters. Someone could say that are divisions of people are almost an evolutionary adaptation, What you see are these big themes in human nature: part biology, part culture, part voodoo magic that we don t understand, said Herzog (Berkowitz). The United States’ conflicting culture influences the daily views of others politically, economically, and socially by dividing the people among demographics. Political divisions and decisions mainly impact the nation through economic means. These events will change how we as a nation and the nation as individuals see the national economy and other’s economic statuses. Political differences today influence the views and decisions for the future. For example, the rising poverty line and inflation within our economy has the outlook for it to become unstable, with the potential of an unstable economy (Gongloff). The nation is divided betweenShow MoreRelatedDomestic Unrest And Jennifer Johnston s Fiction Of The Irish Trouble1118 Words   |  5 PagesIn The Railway Station Man, Helen â€Å"is less interested in protesting political involvement than she is in escaping it entirely (6). It is because of this that Helen is unlike many mother, she does not â€Å"force her son to owe her anything† (9). This analysis differs from the one that will be examined in this paper because, while the mother is an important figure, she does not appear in Fool’ s Sanctuary as an active character; she only appears through the words of the characters as they remember how sheRead MoreThe World Through Freedom And Democracy : A Critical Analysis866 Words   |  4 PagesUniting the World Through Freedom and Democracy: A Critical Analysis of the Pre-Emptive Cold War Policy Strategy of President Ronald Reagan’s â€Å"Tear Down This Wall!† Speech This critical analysis of â€Å"Tear Down This Wall!† speech of 1987 will define President Ronald Reagan’s properly conveyed speech on the necessity of tearing down the Berlin Wall as a symbol of democracy and freedom on a global scale. Reagan examines the ideological barriers of the Cold War, which are defined in the Berlin WallRead MoreThe Allegory Of Invisible Cities Essay1294 Words   |  6 Pages The Allegory in Invisible Cities Italo Calvino’s extraordinary story, Invisible Cities is a literary accomplishment. Invisible Cities contains of an impressive display of discussions between Marco Polo, the legendary Venetian explorer, and Kublai Khan, the famous Conqueror. The two settled in Kublai Khan’s garden and Marco Polo details, or for all one knows invents, depictions of several wonderful cities. Considering these cities are not ever actually seen, yet only recounted, they are unnoticeableRead More`` The Last Narco : The Hunt For The Worlds Greatest Outlaw, And Joaquin Loera Guzman1327 Words   |  6 PagesThe following essay examines the mental dispositions of two high profile narcos, namely Pablo Escobar and Joaquin Loera Guzman. Furthermore, an analysis of Pablo Escobar through Mark Bowden’s book Killing Pablo: The Hunt for the World’s Greatest Outlaw, and Joaquin Loera Guzman through Malcolm Beith’s book The Last Narco: Inside the Hunt for El Chapo, The World’ s Most Wanted Drug Lord provide ample descriptions of similar patterns in their behavior. Escobar and Guzman encompassed strong and weakRead MoreThe Four Finalists For Our Nonprofit Organization879 Words   |  4 Pagesrankings are based on the impact, cause, accountability, and size of the nonprofit organization. From highest to lowest, my rankings are as follows: 1. Community Housing Works 2. SD Brain Injury Foundation 3. Armed Services YMCA – San Diego 4. Invisible Children Individual Nonprofit Review #1 Community Housing Works I feel strongly that Community Housing Works (CHW) is the most impactful nonprofit organization that BusComm Enterprise can donate to. The organization impacts the lives of overRead MoreAn Inquiry Into The Nature And Causes Of The Wealth Of Nations986 Words   |  4 Pagespeople s natural self-interest would bring about universal opulence with very little effort from a nation s government. This free market force became known as the invisible hand (www.Investopedia.com). This concept greatly improved the standard of living. In my opinion, the metaphor of the invisible hand was an outstanding analysis of how the economy should be. But when you have a free market and you can sell products of your choice, you have to take competition into consideration. If I and twoRead MoreBorder War By Stanley Harrold1500 Words   |  6 PagesIn the book Border War, Stanley Harrold specifically searches the ideas of social clashes between the North and South before the civil war actually began. Harr old s research solely states the history leading up to the war, which clearly emphasizes the role of slavery and its importance in the history. Stanley Harrold stresses the real challenge of slavery especially in the south and in areas in which it did not exist. According to the book, Harrold specifically states that the U.S had a problemRead MoreHegemonic Hypocrisy: A Victim of Social Scriptorium1168 Words   |  5 Pagesstandpoint, she does not mention the issue of racial hygiene, class, geographic divisions, and gender. Passages from Guenter Lewy, Melissa Wright, and Philippe Bourgois will be used to discuss the way in which different positionalities might affect the analysis of â€Å"Dislocated Identities.† In â€Å"Dislocated Identities,† Dr. Shohat tells of the reification of identity categories. Identity categories are hypothetical construct falsely manifested as something concrete where communities are neatly bounded. DespiteRead MoreEssay On Investigative Journalism1366 Words   |  6 Pageslooking for a certain kind of reporting in this specific landscape implies to stretch geographical and cultural frontiers that are far from homogeneous. Such is the case of cross-borders zones, like the tri-border area between Paraguay, Argentina, and Brazil, Northern Chile and South Peru, or the Venezuela and Colombian border. All of these international zones eventually share more people, goods, and identities than actual cities connected to their national metropolis. Following Romero, the process ofRead MoreThe Structure And Building Of Sophisticated Tunnels1630 Words   |  7 Pageswas to be used in military war tactics. Soldiers used tunnels to sneak up and surprise their enemy, all owing them to be concealed and covered while attacking their enemy. â€Å"This is, of course, the great advantage of tunnels in warfare. 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Should Medical Marijuana Be Legal - 2220 Words

Cannabis Lives Matter Picture this, a woman mid 50’s, stage three terminal cancer. The doctors’ have concluded that the cancer is incurable. To make matters worse, she is going through common symptoms of the chemotherapy like pain, depression, nausea, and loss of appetite. It’s not enough that she is dying, but her final moments will be in extreme discomfort. Medical marijuana has proven to succor these symptoms, so the patients last moments in this world are pleasant. The plant, marijuana, derived from the Indian hemp plant, it contains an active ingredient THC. Its classification described as a psychogenic, narcotic, and a hallucinogen. Under federal law, marijuana is a schedule 1 controlled substance with no established medical uses. The extensive benefits pertaining to medical marijuana have shown to relieve chronic pain, severe nausea, and aid in the increase of appetite for anorexic patients. Pharmacists and doctors are aware of the potential benefits in pr escribing medical marijuana, but lack the extensive knowledge necessary to accurately prescribe it. The federal legalization has rarely confronted until this presidential campaign, a few candidates have kindled the flame for medicinal advocates, which is leading to the awareness of the cause. Their has also been constant controversy over the past decades about the advantages and disadvantages of legalizing for medical gain. The arguments continuously sway back and forth between the positive and negative sides...TheShow MoreRelatedMedical Marijuana Should Be Legal904 Words   |  4 PagesMedical Marijuana Although marijuana is illegal and lacks FDA approval it should be used to treat cancer. Opponents of medical marijuana argue that it is too dangerous to use, lacks FDA approval, and that various legal drugs make marijuana use unnecessary. They believe marijuana is addictive, leads to harder drug use, and injures the lungs, immune system, and brain. They also believe that medical marijuana is a front for drug legalization and recreational use. Benefit that it is isn’t a great treatmentRead MoreShould Medical Marijuana Be Legal?1249 Words   |  5 PagesMarch 1, 2017 Medical Marijuana Informative Unless you ve been living under a rock, you have probably at some point in the last few years had a conversation with a friend or family member regarding medical marijuana. Although it is considered a controversial topic, in recent months it has been gaining approval by the public. But it does not come without opposition and arguments. Medical marijuana is a complex subject and still requires more education for the public, the medical community, and theRead MoreMedical Marijuana Should Be Legal1477 Words   |  6 Pagesacross the nation believe that medical marijuana can provide a variety of benefits ranging from pain relief to increasing appetite. Others won’t provide the drug to patients until more significant evidence is presented. The drug has been a topic of debate for many years, but one thing that researchers can always count on is a growing library of testimonials from patients who have legally experimented with the drug to manage their conditions. As it stands, mari juana has had a different impact in eachRead MoreMedical Marijuana Should Be Legal1651 Words   |  7 Pagesmost commonly referred to as marijuana. Medical marijuana refers to the use of cannabis and its cannabinoids to treat disease or improve symptoms (Wikipedia.com). Cannabis contains two active ingredients inside called cannabinoids (CBD) along with the delta-g-tetrahydrocannabinol (THC). The medicinal and psychoactive effects that personally associate with marijuana are caused by unique structures of cannabinoids. In addition, the major psychoactive ingredient in marijuana is THC, which additionallyRead MoreShould Medical Marijuana Be Legal?1778 Words   |  8 Pagesusing medical marijuana for chronic pain outweigh the risks? Medical Marijuana is a topic we have all heard a couple of times in the past years. It has been a debatable topic since there seems to be a lot of opinions on what should be and shouldn’t be legal. Some say its benefits outweigh anything else, and some others state that there is a hazard involved with this drug. There are studies on both sides of the question that demonstrate what appear to be clear benefits for medical marijuana, asRead MoreMedical Marijuana Should Be Legal1545 Words   |  7 Pagesmedicinal utility of marijuana. However, the federal government opposes passing legislation that would legalize medical marijuana because of its potential to be abused or unregulated. The states are continuously challenging the federal government causing complications in legislation in regards to medical marijuana. Because of its history of medicinal properties and accumulating amounts of state and local legislation, the federal government should decriminalize medical marijuana an d legalize its useRead MoreMedical Marijuana Should Be Legal1053 Words   |  5 PagesMedical marijuana, also called cannabis, is used in some places as a medication to treat diseases and symptoms. Many people consider it helpful and harmless making it the most used illicit drug in North America. With legalizing medical marijuana people can alleviate some health problems and help ease physical pain, but it also can bring many concerns, questions, and responsibility. Legalizing cannabis can help many people with their health conditions. There are some advantages to taking medicalRead MoreShould Medical Marijuana Be Legal?1591 Words   |  7 Pagesdebated topic on marijuana legalization is widely argued. Whether it’s for medical or recreational usages, this topic is reaching boiling point. The complicity on the legalities of marijuana has reached a point in society where legal usage has been popping up across the country. In the medical sector, studies have shown benefits, and harmful effects in patients. Some physicians support, however some physicians do see health concerns that influence their stance on whether medical marijuana laws are toRead MoreMedical Marijuana Should Be Legal897 Words   |  4 PagesMedical Cannabis Weed Cannabis, also known as Marijuana has many effects to it. In recent years officials have decided that it should be used for medical usage. They have found out that it helps many medical conditions. Medical cannabis has many things that could cure. Studies has shown that it slows the response time in the synapses in the brain it helps the brain heal. For example if someone was in a bad wreck it allows the brain to eventually heal. Because it is unlike other prescribed drugs weedRead MoreMedical Marijuana Should Be Legal860 Words   |  4 Pagesthat medical marijuana might be useful in reducing this pressure. Marijuana has also became a common sight in the medicine cabinets of patients suffering from HIV/AIDS and many different forms of cancer. Cannabis consumptions has been known for its ability to stimulate appetite commonly referred to as â€Å"getting the munchies.† Medical marijuana can successfully benefit its patients with HIV or cancer by helping generate an appetite through the use of plant. Researchers have shown that medical cannabis

Implementing A Comprehensive Optimal `` Work Life ``...

â€Å"Implementing a comprehensive Optimal â€Å"Work-Life† Balance Plan (OWLB) for the United States Army Transportation Directorate (TSD), will result in employee enhanced work productivity, and improved time management.† The next topic of discussion one the OWLB is the Organization Description. Organization Description Organization as defined by the statement, â€Å"an organization is a social entity that is goal-directed, designed as a deliberately structured and coordinated activity system, and is linked to the external environment† (Daft, 2016). â€Å"TSD’s mission is to provide critical enabling satellite, terrestrial, wide-area-networking, and integration services to support global power projection and critical command and control communications in support of Army, Department of Defense (DoD), Combatant Commanders, and Coalition Forces missions and requirements† (U. S. Army, n.d.). These definitions enforce the thesis of implementing a comprehensive OWLB for the TSD, the next topic of discussion is on the Literature Review (LT). OWLB Literature Review In dealing with OWLB and the LT given this author must first explain the literature and its significance on the OWLB. â€Å"In the Taking the Measure of Work,† by Fields (2002), this short excerpt from the book details one of the most profound insights when dealing with the OWLB. â€Å"For example, work experienced as demanding or not rewarding may increase the chances of work-family strain, whereas work this more rewarding may reduce theShow MoreRelatedHealing Hospital1260 Words   |  6 Pagesthings when a patient is in the hospital, for example painful treatments, financial problems due to being admitted, loss of social life etc. Reducing these sort of stressors may ensure that the patient’s wellbeing is being maintained and the comprehensive care Minimization of these stressors ensures that the patient’s well-being is maintained while the comprehensive care part of the treatment makes certain that the patient’s recovery proce ss is done without breaking confidentiality. The healing hospitalRead MorePrivate Banking And Wealth Management1088 Words   |  5 Pages†¢ Private Banking HSBC achieved a huge success in this field through comprehensive wealth planning solutions. Euromoney Private Banking and Wealth Management survey awarded the bank internationally as the best Private Banking Company over the globe. Client’s personal affairs have assessed and managed by wealth planners who are the specialists. †¢ Capital During the financial crisis of 2007-2010 HSBC demonstrated strong capital structure which assist in surviving the bankruptcy. It was benefited fromRead MoreA Core Set Of Competencies Are Essential At All Levels For Management1422 Words   |  6 Pagesaccountability; less profits are inevitable. Survival may depend on necessary increased visibility across the full spectrum of care to reduce clinical and financial risks. Providers can implement a holistic view of the patient to include care and wellness plans, improve care transition workflow, and increase patient engagement across the health care spectrum as well (American Hospital Association, 2011; Boykins, 2014; D Piro, 2014, February 11; Wagner, 2014). Nevertheless, the ability to communicateRead MoreStrategic Objectives Of The Organization5189 Words   |  21 Pagesguests is not something that Target Corp takes lightly. For guests, a focus on allowing guests to shop for quality items that meet their budget needs; for its employees, promoting a diverse and celebratory workforce where employees enjoy coming to work. All things considered, Target continues to identify giving-back as the cornerstone of their development and overall success. Each year, Target sets goals for recognized areas of improvement and shares it with their shareholders, and the public,Read MoreSample Case Study of Passive Agressive Behavior in the Workplace2033 Words   |  9 Pagesas well as upper level management in analysis of particular situations and practical plans of intervention. Associates are guided in developing realistic solutions that best meet their needs and setting forth a timeline for the completion of such actions. Although 93% of the employees who have utilized the program state that the program actually helped them solve their problems, develop appropriate action plans, and reduce their stress levels, only 5% of the 160,000 employees have ever used it orRead MoreProfessional Presence And Influence On Nursing Practice2455 Words   |  10 PagesLearning about a mindful practice allowed me understand that being mindful can influence my presence. Finally, my environment can, and does, influence my presence and my practice as well as the healing of patients. This is especially emphasized in an optimal healing environment as described by Samueli. Historically, Western Medicine has been divided into Eras. The first ERA, noted in the 1860’s, was referred to as the Mechanical Model. The medical world, as well as society, viewed illness as a purelyRead MoreReducing The Continuous Rise Of Health Care Costs5508 Words   |  23 Pagesresearch is demonstrating the total value of an integrated, population-based strategy that addresses the health needs of all employees, dependents, and retirees across the health care continuum’ (U.S. Chamber of Commerce, 2009). Employers should balance providing wellness initiatives that address both lifestyle risk factors (such as physical activity, nutrition and stress) and clinical risk factors (such as obesity, blood pressure, and cholesterol levels). Both of these types of risk factors canRead MoreCommunity Service Professions The Nursing Profession1767 Words   |  8 Pagespropels us to prepare ourselves for this lifelong profession, where we can make a living out of delivering care. I believe that there are many individuals that need help to be well, and then there are those who need to help to be well; such is the balance of the universe and I am becoming a registered nurse to help those in need. Today I am at this door step with hope and prepared for what lies ahead. I knock at the door of this institution asking to be further enlightened to fulfill my goals andRead MoreEssay on Riordan Manufacturing Week 6 Problem Solution5835 Words   |  24 PagesDaniel L. Knight II University of Phoenix MMPBL\530 April 23, 2012 Kathryn Adair Problem Solution: Riordan Manufacturing In today’s work place employee satisfaction is just as important as it has ever been in history. With employer cutbacks, job eliminations, pay reductions, and business closings employee satisfaction must be at the forefront of employer’s plans to be successful. In the case of Riordan Manufacturing the company has a problem it cannot ignore, employee motivation. Riordan ManufacturingRead MoreTherapeutic Recreations Role in Cardiac Rehabilitation Essay2883 Words   |  12 Pagesthat as a result of the prevalence of democratic and stable governments and the growth in division of labour, it is the case that people in the more civilised societies of today are taught and expected to exercise more regular, even, stable and comprehensive control over their behaviour and feelings. This trend is evident in many aspects of society, including the recent advancements in the treatment, perceptions and rights of those with disabilities. If you look back a mere one hundred years to

A Study On The Swiss Management Center University

DQ #1 I have always wanted to pursue a doctoral program but never had the financial resources. Hence, I researched and found this doctoral program offered by The Swiss Management Center University (SMC) which is a high quality multifaceted online education program which is accredited by Accredited Council of Business Schools Program (ACBSP). Furthermore, it is affordable, flexible very informative and relevant in both academic and business sectors. (SMC, n.d.). Several people influenced my decision to pursue a doctorate degree at different levels. First, Dr. Wangari Maathai who was the first Kenyan Woman to pursue a doctorate degree and was a recipient of the Nobel Peace Prize, (Graf, 2016). Secondly, inspiration from my former†¦show more content†¦Although learning new concepts is sometimes difficult, I am determined to eliminate counterproductive and redundant methods of doing my studies. At the same time, it is necessary that I maintain effective communication methods which will include both written and oral communications. Besides, it is also necessary that I acknowledge that failure is also an important learning process which is a part of the double-loop learning method (Argyris, 1991). This is extensively elaborated in the article Teaching Research Methods for Doctoral Students in Education talks about teaching doctoral students research methods that they could apply in their field. When doctoral students first enrolled, their aim was to do well academically. However, as time progressed, the students become interested in the multidisciplinary research methodologies process. Furthermore, they learned different aspects such as effective data collection through the interview, exploring documented work such as syllabus and historical documentation through reading past research projects. Moreover, they also learned analysis of the results included quantitative and qualitative method while taking into consideration theoretical work combined. (Coronel Llamas Boza, 2011). DQ #2 Plagiarism entails taking another person’s work and passing it as one’s own. (What is Plagiarism? n.d.). As a researcher, this can beShow MoreRelatedThe Performance Of Union Bank Of Switzerland3158 Words   |  13 Pagesyear, in part caused by favorable securities markets, which offered more value to the current assets, but also by winning fresh funds. The Scorpio Study stated that the private banking industry now (2013) managing a total of $20.3 trillion, up from $18.5 trillion last year (2012). KPMG’s Private Banking Survey 2013 states that the transformation of the Swiss Private Banking continues. Changing customer demands and the emergence of new technological preferences, and ongoing regulatory developments areRead MoreSwatch Report7232 Words   |  29 PagesSwatch case study This watch is the product which will reintroduce Switzerland to the low and middle price market. It is the ï ¬ rst step of our campaign to regain dominance of the world watch industry, said Dr. Ernst Thomke, President of ETA SA, a subsidiary of ASUAG and Switzerland s largest watch company. Ernst Thomke had made this conï ¬ dent declaration about SWATCH to Franz Sprecher, Project Marketing Consultant, in late spring 1981. Sprecher had accepted a consulting assignment to help Read MoreLaw Enforcement : A Sociological Phenomenon1094 Words   |  5 PagesPolicy Studies Council† written by Thomas J. Aveni, MSFP. Mr. Aveni mentioned that the contagious shooting or â€Å"bunch shooting† refers to that of clinical psychology. Where the term â€Å"emotional contagion† is used, that define ‘emotional contagion as the tendency to feel emotions that are similar to and influenced by those of others. Similar to yelling â€Å"fire† in a crowded room inciting a panic, by the mere utterance, people become irrational in their attempt to escape. Another field of study comparedRead MoreDoing Better1201 Words   |  5 Pages ID-13104068, Section-03 Brac University. 1. How can the removal of the inner plastic sleeve from Kit Kat Bumper packs be seen as a move towards sustainability? Answer: Business and environment must go such a way that could bring benefits for both of them. It cannot harm environment’sRead Moreswissair alliances case study2464 Words   |  10 Pages8: Swissair’s Alliances Hoang Van Hung (David) (Graduate MBA) Philippines Christian University Global Business Environment – Prof. Reyes Feb. 22, 2013 Metro Manila, Philippines I- Case Background The Swiss Air Transport Co. 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In this case therefore, the success of Lucerne in becoming a world renowned tourist spot is rooted in the fact that it has envisaged the management of all resources in such a way that economic, social and aesthetic needs can be fulfilled while maintaining cultural integrity, essential ecological processes, biological diversity and life support systems (Blancas et al., 2010). These differentRead MoreThe Analysis : Water s Journey1487 Words   |  6 Pagesseep down through the soil and limestone, collecting carbon dioxide along the way which in turn increases the water’s acidity. Once it is able to penetrate the underground system it slowly breaks down the cave systems below, resulting in the rocks †˜Swiss Cheese’ appearance. The direct relationship between surface and groundwater is demonstrated by said appearance, and unfortunately reinforced by the multitude of trash and debris the divers found below the surface, ranging from oil drums to whole barbequeRead MoreIntro of Hospitality Industry2586 Words   |  11 Pagestranslations [pic]Hospitality From Wikipedia, the free encyclopedia Jump to: navigation, search For other uses, see Hospitality (disambiguation). This article is about the definition of hospitality. For academic study of hotel management, see Hospitality management studies and Hospitality industry. |[pic] |This articles tone or style may not be appropriate for Wikipedia. Specific concerns may be found on the talk page. See| | |Wikipedias guide to writing better articles for suggestionsRead MoreThe Ethical Implications of Cloud Computing on Society1724 Words   |  7 PagesResponsibility and Public Policy Spring 2013 Niki A. den Nieuwenboer Cloud Computing is a popular term for â€Å"enabling on-demand network access to a shared pool of computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction† (Brian, 2012). The concept of Cloud Computing was first developed in the 1960’s by scientists who envisioned a world in which computation would be generated in a global network, and delivered as a public

Interview Of John Hope Franklin On Thomas Jefferson

Interview of John Hope Franklin on Thomas Jefferson The thing that draws us to Thomas Jefferson is his knowledge of the way things were and where things needed to go. In declaring he was the author of the Declaration of Independence gives us something we can trust. The two â€Å"all men are created equal† and the fact that Thomas Jefferson owned slaves are irreconcilable. Granted that he is forgiven in the sense that he is human and not much else. His level of understanding and the commitment he gave to it, absolutely is the story of America. With â€Å"equality† meaning they should be given the same opportunity to fulfill their dreams as others are. It’s is with that great privilege this country or other counties have an obligation to make sure a person has the skills necessary to live a full life. Thomas Jefferson was a great man, no not at our time, but his own time. Though, he didn’t set his slaves free upon his death as some of his friends had. Even though slavery didn’t end until the 19 th cent ury, Thomas Jefferson was concerned that if they had let the slaves go free it would somehow backfire. Racist is a term we use but in Thomas Jefferson’s life it was unheard of. In a very normal way Thomas Jefferson gave us very up-lifting words and inspiration but at the very same time had beliefs that were that were against what he said. Not only Thomas Jefferson is human, but also to say â€Å"forgive him† is allowing him an easy way out. We hold him close as a man who did some extraordinaryShow MoreRelatedRespectability: Politics in Early America in Founding Brothers by Joseph J. Ellis1507 Words   |  7 Pagesand continue to read. I believe that this was an excellent choice on Ellis’ part as the introduction left me somewhat confused due to the time jumps, and more than a bit bored. Thus the mental imagery of these men rowing through the swamp to â€Å"the interview at Weehawken† is both colorful and captivating. The most interesting part of the cha pter though is not the duel, but the later description of the mounting animosity between these two men and the missed opportunities to save Alexander Hamilton’sRead MoreThe Stein Founding Brothers Notes : Ap Us History2996 Words   |  12 Pagesa duel †¢ Hamilton thought there was a possibility that he would die, so before the duel he had his will out and ready and he drafted his final thoughts, ideas, and opinions †¢ Dueling was illegal, so when Burr and Hamilton met they called it an â€Å"interview† †¢ Hamilton’s son died trying to defend his father’s bad reputation †¢ They guns Hamilton and Burr used were thought to be very inaccurate when in fact Hamilton’s gun was state of the art with a hair-trigger. Most guns were inaccurate because theyRead MoreFounding Brothers9626 Words   |  39 Pages Adams, and Hamilton as the heirs to the revolutionary legacy and Jefferson as the chief culprit. This view is more collectivistic rather than individualistic. 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In later years Faulkner frequently acknowledged Shakespeare as a major inspiration and influence, once noting, â€Å"I have a one-volume Shakespeare that I have just about worn out carrying around with me† (FIU 67). Faulkner’s recorded interviews and conversations contain references to a number of Shakespeares works and characters, including Hamlet, Macbeth, Henry IV, Henry V, A Midsummer Nights Dream, Romeo and Juliet, the sonnets, Falstaff, Prince Hal, Lady Macbeth, Bottom, Ophelia,Read MoreConsumer Buying Behaviour of Magazines7993 Words   |  32 Pagesand magazines as well in a lot of languages. Therefore there is something out there for everyone to read! This section is dedicated to the Indian Print media with articles on Newspapers, Magazine s, Controversies and opinions related to them etc. We hope you have a good time browsing through. Please let us know of any suggestions you may have through our contact page. The Media in India enjoys a great amount of freedom and is therefore flourishing. Whole new segments are opening up for this Rs 10Read MoreSports17369 Words   |  70 Pagesscholarship, there are two examples here: Exercise 4.5 offers directions on how to get information on audiences for the Olympic Games, along with a sample and coding forms, and Exercise 5.8 gives you a good background for interviewing sportscasters. In the hope that you use soft drinks, as suggested, you should enjoy Exercise 5.6, â€Å"The Brent Musburger Drinking Game†Ã¢â‚¬â€ another way to monitor sportscasterspeak. There actually are a number of fun exercises here, as you will see. In terms of the practicum, youRead MoreSports17363 Words   |  70 Pagesscholarship, there are two examples here: Exercise 4.5 offers directions on how to get information on audiences for the Olympic Games, along with a sample and coding forms, and Exercise 5.8 gives you a good background for interviewing sportscasters. I n the hope that you use soft drinks, as suggested, you should enjoy Exercise 5.6, â€Å"The Brent Musburger Drinking Game†Ã¢â‚¬â€ another way to monitor sportscasterspeak. There actually are a number of fun exercises here, as you will see. In terms of the practicum, youRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesSouthern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History EricRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesat 100 meters (12.37 seconds) and 200 meters (25.20 seconds) for men 65 and over. xx ABOUT THE AUTHORS xxi Timothy A. Judge Education Ph.D., University of Illinois at Urbana-Champaign Professional Experience Academic Positions: Franklin D. Schurz Chair, Department of Management, Mendoza College of Business, University of Notre Dame; Matherly-McKethan Eminent Scholar in Management, Warrington College of Business Administration, University of Florida; Stanley  M. Howe Professor in

Economic Manager Consequences of Brexit

Question: Discuss about the Economic Manager Consequences of Brexit. Answer: Introduction: Allen, Oltermann, Borger and Neslen (2015) say that the event of Brexit may impact the global economy as well as the British economy mostly in a negative way (Allen et al., 2015). The primary message that has been transmitted by the article is the drawbacks of Brexit, i.e. the consequences of the exit of Britain from the European Union. It is important to note that Britain is one of the supreme powers of the 28 European Union states. Along with that, the economy of the country is considered to be on a hike before the Brexit (Hutchens, 2016). Hence, the article written by Allen, Oltermann, Borger and Neslen present an argument on the consequences of Brexit and shows how the British economy and the global market will be impacted by the event. The impacts of Brexit are presented in five categories that are known as Jobs, Status in Europe Trade, Immigration, and Position in the World. The estimate starts with the net loss that will be faced by the UK economy (Kierzenkowski et al., 2016). Researchers from National Institute of Economic and Social Research found that exit of Britain from the EU will result in a decline in its GDP by 2.25 percent mainly because of impact on the foreign direct investment (Allen et al., 2015). On the other hand, Centre of Economic Performance estimated a fall of 6.3 to 9.5 percent in the GDP of the nation. Along with that, some of the people believe that Britain will grow as a sovereign power with the development of the economy and get relief from the overburden of EU rules and regulations. It has been estimated that the UK makes a benefit of 5 percent of GDP that amounts to 78 billion through the EU membership (Kierzenkowski et al., 2016). Along with that, Germany, Netherlands, France and Ireland are a major export market for the United Kingdom that will have a high level of negative impact on the UK economy after the Brexit (Allen et al., 2015). Hence, a primary impact can be seen in the trade of the nation. A diagram has been presented below for better understanding. Figure: UKs top ten export markets Source: (Allen et al., 2015) Hence, it can be seen from the above figure that the event will highly impact the trade of the nation. Furthermore, looking at the job opportunities, it can be seen that Clegg and Farage debate that EU provides jobs to 3 million British people in exchange for a market of 500 million consumers (Allen et al., 2015). Hence, the exit of Britain from the European Union will lead to a job loss of 3 million people. According to Gerry Grimstone, the UK will face a serious damage of Jobs and Economic growth by leaving the membership of EU. When immigration is considered, it can be seen that around 624,000 people immigrated to the UK in the year 2014 that was much higher than that of the year 2013 (Sharma, 2014). Most of these people belong to other countries than that of European Union nations. The EU free movement allows people to immigrate to the UK that increased by 43000 between 2013 and 2014 (Allen et al., 2015). Hence, the exit of the UK from the European Union will lead to racism in th e country and people coming to the nation for a better living might be considered as outsiders. It will become harder for a person to migrate to Britain because of the British national law (Schiermeier, 2016). The EU citizens will also face same problems such as border checks and long queues while entering the United Kingdom. Oltermann says that Brexit would diminish the status of the EU and the UK in the European continent. It has been believed by Cameron that the primary risk of Brexit is the few favours offered by other nations. Hence, Britain will be left with a single market access that will gradually impact the status of the country in the European continent. On the other hand, Neslen states that the impact on the GDP of the nation will have a downturn positioning in the World market (Allen et al., 2015). Furthermore, the changes in the trade regulations of the nation will impact its foreign direct investment that will further impact the position of the country in the world market. Hence, it can be seen that the article mainly discusses the negative impacts of Brexit on the UKs economic position in the long run (Smales, 2016). The long-term, as well as short-run impact of Brexit, can impose significant cost on the UK economy, EU economy and global economy. In the current scenario, the estimations of the UK referendum leaving the EU zone can cover up long-term negative impact on GDP and economic prospects. According to the article, the Brexit event can lead to a lower GDP of the UK by the year 2030. The estimated GDP prediction has shown that the GDP of the UK will be lower by 2.2% under the economic uncertainties. Based on convenient research on the economic perspective, the imposing cost of Brexit is much more than the GDP fall. The liabilities of the financial banking system will be increased as the spending power of the UK investors will go down. Along with that, the economic uncertainties and political turmoil may have posed additional challenges to the business resources (Rimmer, 2016). Being within the EU, the UK economy has received significant amount of money as a budgetary procedure. In case of Br exit, such EU budget will not be available to the UK economy. On the other side of the scenario, the trade policy, employment structure and economic growth model of the UK will suffer a great deal in case of Brexit event. Moreover, the EU regulations will be available in a new format providing latest economic challenges to the UK participants. Hence, misguided regulations and investment fear can create adverse economic condition in the UK market. Figure: Brexit and the cost on the UK, EU and Global Economy Source: (Coulter and Hanck, 2016) To justify the above mentioned discussion, the example of Lehman Brothers can be considered that gave the world economy a good lesson regarding financial crisis in the globalised market in the year 2008 (Tabernero and Ciardiello, 2016). A small event of bankruptcy led to financial crisis in the global market, whereas the Brexit is a much larger event that can cause unexpected harm to the global economy in the long run. Researchers forecast the fall in the GDP of the United Kingdom because it can be clearly seen that the foreign direct investment of the economy will fall after the Brexit event (Wright, 2016). The reduction in the immigration of outsiders, restriction in free trade and movement of people among the EU nations will harm the global trade and investment opportunities of the country. Furthermore, the exit of Britain from the EU will also impact the GDP of the EU nations. Hence, the event will led to a global financial crisis again in the future that is expected to heat the market between 2020 and 2030. Hence, it can be justified by saying that the Brexit event will make the UK pay costs for the political move from all perspective. Britain needs to face different consequences after exiting from the European Union. It can be seen through the article of Allen, Oltermann, Borger and Neslen (2015) that the chances of occurrence of negative impacts are more than that of positive growth (Allen et al., 2015). Now considering the general rules, it can be seen that if a country like Britain discriminate against the individual EU member states after the exit from the European Union membership, it will face same sort of discrimination from rest of the EU members. Hence, the free migration of people between the EU nations will stop for Britain that will gradually impact the trade and job opportunities for the United Kingdom. The question is quite controversial because it is difficult to decide whether the United Kingdom should co-operate with the European Union after the Brexit. In order to answer the question, the long run negative impacts of Brexit must be forecasted (Clery, 2016). It can be seen from the article that pessimist research shows that the UK will face a job loss of around 3 million because of exit from the European Union (Carter, 2016). On the other hand, people from other EU nation coming to Britain for their daily earning will also feel burden of this political drama after the UKs exit. It is important to note that the United Kingdom will turn into a separate nation with different rules that will create problem for the people going out and coming in for jobs. Along with that, Britain will also face trouble due to legal bounding on free trade among the EU nations (Tarran, 2016). Hence, the Brexit will lead to fall in trade and job opportunities that can be forecasted in the current situation. Hence, it is recommended to the UK government to cooperate with the EU in regards to immigration and trade policies to safeguard its economic balance (Carter, 2016). By cooperating with the EU, Britain can maintain a free migration policy among the EU nations that will stabilise the trade of the country. The forecasted loss of 2.2 percent in the GDP will not occur for Britain if the government cooperate with the European Union (Tarran, 2016). Furthermore, the cooperation of the British government will increase the status of the economy in Europe as well as across the globe. The decision of the United Kingdom to exit the European Union has unleashed significant market turmoil and global uncertainties. The economic uncertainties of the global market have triggered political indecisions slowing the industrial productivity. Considerably, the Australian economy will not be immune to the event of British exit from the 28-nation European Union. Meanwhile, the uncertainties on offshore markets can determine a large impact on the economic standards of Australia. Precisely, the Australian stock markets and currency market can experience a sharp fall in the near terms effect of British exit event. As the investors of the Australian market will move towards risk-off mentality, the stocks and Australian dollar can plunge in a certain amount unleashing economic uncertainty. Along with that, the event of Brexit can create an adverse impact on the bond yields. Due to safe heaven strategy, the investors will take out the money from the risk assets and stock markets push ing the bond yields even lower. Moreover, the Australian financial banking services will find it difficult to protect the massive offshore funding due to sharp fall in stock prices. On the other side, the sustainable fall in the Great Britain Pound (GBP) can create negative consequences to the people of Australia dealing in pensions and assets in the United Kingdom. Moreover, the pressure in the GBP will force the UK tourists to lower the spending power in Australia. Hence, in case of long-term perspective the tourism industry of Australia will see a considerable downfall. In terms of Australias future trade perspective, the event of Brexit will bring adverse impact to the Australian economy. As the export of Australia has significantly contributed to the GDP growth of the country, exports to the UK market may seen a downfall with the latest consequences (Plumer, 2016). Currently, the United Kingdom is the seventh largest trade partner of Australia. Therefore, the Brexit event can force the export to get lower. Thus, there will be issues regarding unemployment and economic slowdown in the Australian economy. In the current situation, the majority of federal gove rnments will not promote any structural changes to influence the adverse effect of Brexit in the Australian economy. Therefore, the current trade policies and trade relations with the Great Britain will trigger significant slowdown in the economy (Yeates, 2016). Furthermore, for investment perspective, significant headwinds must be faced as Australian dollar will fall in the sluggish economic uncertainty. In such situation, the Prime Minister of the country, Malcolm Turnbull must evaluate sustainable economic policies to assure the investors in the unsettled economic circumstances. Figure: Impact of Brexit on Australian GDP Growth Source: (Bongardt and Torres, 2016) In the above produced figure, the Australian GDP will seem to be dipping down due to the event of Brexit. Meanwhile, in worst case scenario, the Australian GP figure may touch below 2.5% figures in the next decade or so. The referendum of The Great Britain leaving the EU has developed sharp short period market volatility in the Australian market. Though economic experts have believed that the Australian economy is unlikely face any short-term challenges, long-term economic uncertainties are on the cards (Tatham, 2016). The political links and intermediate renegotiation trade policy tactics of Britain may have mitigate some of the market challenges. Moreover, the free trade agreement talks between the European Union and Australia will be significantly delayed to the adverse consequences of Brexit. Now, the Australian federal government has to deal with Britain in a separate way due to the referendum of Britain leaving the EU. Invariably, in recent developments, the Australian investor s must have been reassured by the government so that the market uncertainties and fear among the investors can be reduced to a sustainable level. The Brexit referendum and pro-Brexit events will develop significant changes in the current global economic scenario. Nevertheless, being one of the most influential members of the European Union, the position of Great Britain would matter a lot in for the global economy. As the majority of people of Britain have voted for leaving the European Union, the foreign policies, trade relations, migration policy, and global job market and business environment will have been changed quantifying the economic effect of the event. First of all, the massive downfall of GBP has created significant fear among the investors (Birkinshaw and Biondi, 2016). As a result of scenario, global economic crisis can plunge the existing global market growth. Moreover, the negative sentiment of stock investors can create an adverse impact on the global economy as the liquidity will be dried up from the market all over the world. Additionally, the sceptical version of Brexit referendum may develop historical mar ket scenario such as Lehman Brothers in 2008. During the period of 2008, the world economy has noticed the worst ever financial crisis situation (Learner, 2016). The global commodity market, equities, stock markets, bond markets, currency markets, housing industry, mortgage industry and financial banking companies had faced unmanageable losses in the global crisis during 2008-2009. If a single event can cause such drastic global turmoil situations, the Brexit event can contribute to a major downturn of global economy. Figure: The Economic Impact of Brexit Source: (Birkinshaw and Biondi, 2016) In accessing the impact on the UK market, by 2020 UK GDP may see a downfall to -3.1% as shown in above figure. As the bilateral trade relations with the UK and other countries have been restricted with such political event, the market proposition and GDP growth of the global economy will be considerable hampered. Adversely, the spending power cuts and immigration regulations of the UK area can create fresh challenges to the global economy (Allen et al., 2015). As the global investors will focus on new investment routes in the economic uncertainties, the liquidity can be washed up from the global market creating financial crisis. In this regard, the biggest economies of the world such as the United States of America, China and other European countries must face new economic headwinds (Godlee, 2016). The pressure of the stock market and commodity prices can force the leaders to take actions. In current scenario, the debt situations of the US federal government will not allow the Centra l Bank of America to issue fresh bond-buying activities to inject fresh liquidity. As a result of the same, more economic crisis will be on the cards in near future. Figure: Potential Change in Eurozone area due to Brexit Source: (Ellison, 2016) Substantially, the event of Brexit can put a break on the EU zone investment as the investment will drop down to 2.8% in 2017 and 2018. In context to the broader market scenario, till now, the EU has been treated as a single market to the rest of the world. The event of Brexit will now force the economies to make significant changes in the trade policies and develop new regulations as per the latest developments. Therefore, more challenges can be established in the trading scenario linked to Britain and the European Union (Farr, 2016). The limitations of trade channels can be the biggest loss to the global economy as the GDP output from the EU will be reduced substantially. The complication of the trading perspective and political uncertainties will create undoubted economic slowdown in the upcoming financial years. References Allen, K., Oltermann, P., Borger, J. and Neslen, A. (2015).Brexit what would happen if Britain left the EU?. [online] the Guardian. Available at: https://www.theguardian.com/politics/2015/may/14/brexit-what-would-happen-if-britain-left-eu-european-union-referendum-uk [Accessed Aug. 2016]. Birkinshaw, P. and Biondi, A. (2016).Britain alone! The implications and consequences of United Kingdom exit from the EU. Den Haag: Kluwer Law International. Bongardt, A. and Torres, F. (2016). The Political Economy of Brexit: Why Making It Easier to Leave the Club Could Improve the EU.Intereconomics, 51(4), pp.214-219. Carter, M. (2016). The Brexit broadcast that stoked fears over the NHSs future.BMJ, p.i4342. Clery, D. (2016). 'Brexit casts pall on future of U.K. science.Science, 353(6294), pp.12-13. Coulter, S. and Hanck, B. (2016). A Bonfire of the Regulations, or Business as Usual? The UK Labour Market and the Political Economy of Brexit.The Political Quarterly, 87(2), pp.148-156. Ellison, R. (2016). Brexit triggers uncertainty over future of research in UK.Prescriber, 27(7), pp.14-15. Farr, M. (2016).How Brexit decision will affect Australia. [online] NewsComAu. Available at: https://www.news.com.au/finance/economy/australian-economy/brexit-how-the-result-will-affect-australia/news-story/e2826b95d588a92e6ab6aa644118d0b6 [Accessed Aug. 2016]. Godlee, F. (2016). Beyond Brexit.BMJ, p.i3615. Hutchens, G. (2016).Brexit and Australia: what would be the consequences if Britain left the EU?. [online] the Guardian. Available at: https://www.theguardian.com/australia-news/2016/jun/23/brexit-and-australia-what-would-be-the-consequences-if-britain-left-the- [Accessed Aug. 2016]. Kierzenkowski, R., Pain, N., Rusticelli, E. and Zwart, S. (2016).The Economic Consequences of Brexit. Paris: OECD Publishing. Learner, S. (2016). The EU Referendum: Brexit news analysis for carers in the UK.Nursing and Residential Care, 18(8), pp.402-402. Plumer, B. (2016).How bad will Brexit be? Here's what top economists are saying.. [online] Vox. Available at: https://www.vox.com/2016/6/24/12024728/brexit-economy-economists-recession [Accessed Aug. 2016]. Rimmer, A. (2016). What Brexit means for the European Working Time Directive.BMJ, p.i3748. Schiermeier, Q. (2016). Brexit looms large over EU climate agenda.Nature. Sharma, K. (2014). Horizontal and vertical intra-industry trade in Australian manufacturing: does trade liberalization have any impact?.Applied Economics, 36(15), pp.1723-1730. Smales, L. (2016).How a Brexit could impact on Australia. [online] Theconversation.com. Available at: https://theconversation.com/how-a-brexit-could-impact-on-australia-61301 [Accessed Aug. 2016]. Tabernero, J. and Ciardiello, F. (2016). Brexit: a European perspective.The Lancet Oncology, 17(5), pp.558-559. Tarran, B. (2016). The economy: a Brexit vote winner?.Significance, 13(2), pp.6-7. Tatham, A. (2016). The Legitimacy of Discriminatory Disenfranchisement? The Impact of the Rules on the Right to Vote in the Bremain/Brexit Referendum.Perspectives on Federalism, 8(1). Wright, O. (2016).What happens if Britain does vote for Brexit?. [online] The Independent. Available at: https://www.independent.co.uk/news/uk/politics/eu-referendum-what-happens-if-britain-does-vote-for-brexit-a7089336.html [Accessed Aug. 2016]. Yeates, C. (2016).Brexit: What it means for the economy. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/business/the-economy/brexit-what-it-means-for-the-economy-20160624-gpr4cw.html [Accessed Aug. 2016].

Asymmetric Information in Financial Markets

Question: What is the purpose and objectives of corporate governance, and the principles on which it is based.? An explanation of what is meant by rules-based and principles-based approaches to corporate governance, identifying the arguments for each approach.? What advantages might the company gain through the appointment of non executive directors? Explain the importance of board committees in corporate governance.? An Identification of three of the committees frequently established in organisations and explain their purpose.? Answer: Agency dilemma, in a better way is known as principal-agent problem (Malcomson Spinnewyn, 2004). It may be stated that, this is that particular situation that arise when an individual or the agent is able enough to take and make pronouncement on the behalf of and that which has an impact on the other person or the agent, who is the principal. Sometimes there arises a quandary, mainly because in certain cases the agent is induced to act in several ways that might suit his best interest, rather than adhering to the importance of the principal. Therefore, it is evidently stated that, this principal-agent relation is a very functional and constructive apparatus in not only political science and economics but also applicable to other areas. Source: [blog.design-squared.eu] On the way to get a detailing on this issue of principal-agent problem, very common examples that can be cited are of shareholders (principal) and corporate management (agent), voters (principal) and politicians (agent). The crisis crops up when the two existent parties, i.e, the principal and the agent, have asymmetric information and unlike interests (Thomas, 2004). Due to this asymmetric information, where the agent is supposedly believed to have more part of the information, the principal anyway feels that the agent is acting keeping in mind his or her own perspectives and interests. In this particular kind of scenario, some clash of interests and ethical hazard might arise, the reason being that the principal is in most of the cases at the risk and probability of getting exploited by the agent. As a result of this grave situation, the principal might try to avoid any kind of deal with the agent. But, actually the transaction would have also been a fruitful one, serving the inter ests of both the parties. As a matter of fact here lie the disadvantages of the Asymmetric information (Bebczuk, 2003). This obvious deviation from the interest of the principal on the part of the agent is termed as Agency costs Source: [www.wikispaces.com] Source: [wiki.wooster.edu] As such, there are several means that may be utilized in the alignment of the interests of the agents with that of the principal. For example, in employment, the employers who are the principal use tools like profit sharing, piece rates/commissions, efficiency wages, or even the threat of employment termination. The concept and theory of principal and agent came into being in the 1970s, as a result of combination of disciplines of the institutional theory and economics (Tihanyi, et.al, 2012). In the perspective of law, perhaps the principals are not aware of the fact that whether a contract has at all been satisfied or not, the result of which is that they finish up with the so called agency costs (Chernenko, et.al.,2010) Source: [www.slideplayer.com] The lack of information that leads to agency problem can also be depicted in a more relevant way as below. Source: [www.tutor2u.net] The issue of principal agent problem basically revolves around the central agenda of how to get more of the workers who are the principal in favor of the agents who are the employers. The discussions on the following points may help in getting a better understanding: Ownership and control In case of any private concern, the owners what they do is elect the board of directors, who in turn exercise control over the business resources available for them. But, there may arise situations, where the owner of the company has to sell some of the shares of the company or take out some bonds. It is at this juncture that, the authority might lose some of the allotted powers. The other stakeholders might exercise their right to votes where the loan providers very often have some authority over the business assets (Friedman Miles, 2006). A disagreement may be caused here due to the presence of several shareholders, who in turn have different targets (Claessens, 2011). Employee share ownership schemes A wide spectrum of strategies is present for dealing with the issue of principal-agent problem. One such strategy is the growth of employee share ownership plans (Chamberlain, et.al., 2009) But the usage and mishandling of share alternative has been a controversial topic over several years now. Designing of contract In order to reduce and manage the economic tussle, the principals and agents need to design and agree on a specified contract. This contract acts as a blueprint and guide in order to safeguard the best of interests of the parties, i.e, principal and the agent. The given equation is used to establish incentive compensation in a contract (Gomez-Mejia Werner, 2008): w= a+ b (e+ x+ gy), where, w= wage, a= constant, e= observed effort, x= unobserved exogenous result and its effects, y= observed exogenous effects, g and a stand for the weight given to y, and the income base. A contract related to business eventually creates an easy association between the performances of the agents and the net effectiveness. Overall, it is said that this relation is the parameter for judging the agent performance. Performance evaluation In any kind of business relationships, it is the principal who uses the evaluations based on performances to assure that the agent on his part is fulfilling the required responsibilities (John Eeckhout, 2006). Performance estimation can be of two types: Subjective performance evaluation- In this, it is the principal who directly evaluates the performance of the agent. The judgment in case of subjective performance evaluation is based on opinions (Prince, 2007). Objective performance evaluation- This particular evaluation is based on the comparison that is made with the performance of the agent with that of the work that has been finished by peers inside the business (Stufflebeam, 2001). Incentive structures The structure of incentives is a very crucial part of any business relationship. It is this that forms a viaduct between the interests of the agent and the principal (Moro, et.al., 2005). The principal propose various deals that in turn act as a motivating factor to the agents so that they work efficiently. Therefore, to conclude, it can be inferred from the above made discussions that, the principal-agent problem, that is also known as agency dilemma subsists in any business set up where there is a difference of interests between the agents and the principals. References Bebczuk, R. (2003). Asymmetric information in financial markets. Cambridge, UK: Cambridge University Press. Chamberlain, C., Ife, M., Chamberlain, C. (2009). Employee share schemes. Haywards Heath: Tottel. Chernenko, S., Foley, C., Greenwood, R. (2010). Agency costs, mispricing, and ownership structure. Cambridge, MA: National Bureau of Economic Research. Claessens, S. (2011). Expropriation of minority shareholders (3rd ed.). Washington, DC: World Bank. Friedman, A., Miles, S. (2006). Stakeholders. Oxford: Oxford University Press. Gomez-Mejia, L., Werner, S. (2008). Global compensation. London: Routledge. John, L., Eeckhout, L. (2006). Performance evaluation and benchmarking. Boca Raton, FL: CRC Press. Malcomson, J., Spinnewyn, F. (2004). The multiperiod principal agent problem (3rd ed.). Southampton: University of Southampton. Moro, G., Sartori, C., P. Singh, M. (2005). Agents and Peer-to-Peer Computing. Berlin: Springer. Prince, M. (2007). A model for subjective evaluation of performance (2nd ed.). Windsor, Ont.: University of Windsor, Faculty of Business Administration. Stufflebeam, D. (2001). Evaluation models. San Francisco: Jossey-Bass. Thomas, J. (2004). Income fluctuation and asymmetric information (3rd ed.). Reading, Berks[hire], UK: Dept. of Economics, University of Reading. Tihanyi, L., Devinney, T., Pedersen, T. (2012). Institutional theory in international business and management. Bingley, U.K.: Emerald.