Tuesday, December 31, 2019

Incarceration Policy And Crime Reduction - 1332 Words

As already covered in the literature review, studies on the relationship between incarceration policy and crime reduction is yet to be clear for utilization by policymakers. In most cases, researchers agree that increased incarceration may perhaps have a positive effect on the reduction of crime rates. However, it is the scale of this action that has a limiting scope attached to it when empirical studies are carried. For instance, Stemen (2007) observes that a 10 percent increase in incarceration may lead to about 2 to 4 percent reduction in crime. Moreover, further increases in the number of individuals being sentenced in prisons have further economic ramifications without necessarily helping in direct reduction of criminal activities or†¦show more content†¦As defined by Liedka, Piehl Useem (2006), deterrence refers to the action against crime through the introduction of legal sanctions. In this way, there is an incentive to encourage non-criminal behavior among the population. On the other hand, incapacitation refers to the physical restraints directed towards criminals in order to eliminate further crime. In effect, both incapacitation and deterrence are meant to have direct positive effects on crime rates. By reducing the number of criminals roaming on the streets and introducing penalties for anyone found to be involved in such activities, the primary expectation is that crime rates should drastically drop. However, questions have been raised on whether this factor still holds when the scale of incarceration increases over time. The Issue of Scale The findings of this paper have raised several issues based on the linkage between scale of incarceration and crime rates in a given jurisdiction. First, results indicate that the effectiveness of incarceration in instances of increased crime may rely on a given jurisdiction. This means that this policy of crime reduction may not be universally effective. Generally, jurisdictions whose incarceration policy implementation are at advanced stages may face lesser challenges in crime reduction that their less developed peers. This is an obvious finding because it is expected that

Sunday, December 22, 2019

Essay on Is Physician Assisted Suicide Ethical - 2628 Words

Is Physician Assisted Suicide Ethical? Theresa Anderson SOC 120 Introduction to Ethics amp; Social Responsibility Instructor: David Jung November 25, 2012 Physician assisted suicide, is this an ethical procedure? Many feel strongly on both sides of this issue. Some states such as Washington and Oregon have made Physician assisted suicide legal. Other states such as Michigan and Massachusetts have put the issue to a vote and the voters have turned down the option. What exactly is physician assisted suicide? According to Dictionary.com, the definition is a situation in which a physician provides the means of death for a gravely ill patient .Dehal and Levy explain, â€Å"The Death With Dignity Act (DWDA) allows mentally competent,†¦show more content†¦Who is ethically harmed by physician assisted suicide? The family members that believe that suicide is against their family’s religion may consider themselves ethically harmed. The doctors who feel that assisting in the suicide is against the Hippocratic Oath may feel that this is unethical, but as stated in End-of-life issues in the acute and critically ill patient, â₠¬Å" Patient autonomy is a respect for an individuals right of self-rule. It implies that a patient best knows his/her own goals and values relating to medical interventions. In addition, patients have the right to make decisions that may conflict with the recommendations of family members and health care providers,† (Savory amp; Marco, 2009) According to the utilitarianism argument physician assisted suicide is ethical. With deontology the conclusion would remain the same as with the utilitarianism principle. Mosser explains, â€Å"The deontologist argues that we have a duty, or an obligation, to treat other people with respect; human beings have dignity, and we must take that dignity into consideration when dealing with them.†(Mosser, 2010, Ch1, Pg7) In letting a person choose to die with dignity, we show our respect to them during their final days. As long as the person is able to communicate that their wish is to have a doctor help end their life the deontologist would state that physician assisted suicide is an ethical practice.Show MoreRelatedThe Ethical Issue Of Physician Assisted Suicide1580 Words   |  7 Pagesvice and virtue, this paper explores the relevance of Aristotle’s moral philosophy in modern day and will be applied to the contemporary ethical issue surrounding physician assisted suicide. By exploring Aristotle’s work through primary and secondary sources, thi s paper will discuss the greater good and happiness as it relates to not only the patient or physician, but as a member of a greater social circle and that of society because to Aristotle the role of the individual is less important than theirRead MoreThe Ethical Issues Of Physician Assisted Suicide Essay1736 Words   |  7 PagesEuthanasia is described as the intentional discontinuation, by the patient s physician, of vital treatment that could prolong the person s life. Assisted suicide occurs when a health care worker provides a patient with tools and/or medication that will help the patient kill him or herself, without the direct intervention of the care provider. This paper will define key terms for my argument against Physician Assisted Death, and why I believe it’s wrong, where I will provide a brief background ofRead MorePhysician Assisted Suicide is NOT Ethical Essay1347 Words   |  6 PagesIs physician assisted suicide morally right? This has been a controversial subject for some time now. People are wondering whether or not it is the most humane thing to do. If dogs can be putdown, why not people? The reason is in that question. They are people. Every life is important, no matter how long it may be. Instead of finding a way to get rid of people faster, the government could put those efforts in something more positive. If other people are considering whether or not the patients’ lifeRead MoreThe Ethical Issues Of Physician Assisted Suicide1586 Words   |  7 PagesPhysician Assisted Suicide Physician Assisted Suicide Is it Right or Wrong? The ethical issues of physician-assisted suicide are both emotional and controversial, as it ranks right up there with abortion. Some argue physician assisted suicide is ethically permissible for a dying person who has choosing to escape the unbearable suffering at the end of life. Furthermore, it is the physician’s duty to alleviate the patients suffering, which at times justifies providing aid-in -dying. These argumentsRead MoreThe Ethical Principles Of Physician Assisted Suicide2297 Words   |  10 Pagesforms of physician-assisted death, such as active, passive, and assisted suicide. To some people they may mean the same thing but in reality, they are quite different. Active euthanasia is when a physician physically injects the patient with a drug that ends their live or in some way is the direct result of the patient’s death. Passive euthanasia is the result of something taken away from the patient that results in t heir death, such as removing a breathing tube or stopping treatment. Physician assistedRead MoreThe Ethical Principles Of Physician Assisted Suicide1214 Words   |  5 PagesPhysician-assisted suicide (PAS), refers to self-administration of medication prescribed to a patient by their physician to end his or her life, and euthanasia, the administering of lethal drugs by a physician to end a patient’s life (Lachman, 2015) are extremely controversial topics. For several decades, supporters for the legalization of PAS and euthanasia have served as advocates for terminally ill patients who wish to have an alternative to a long, drawn out, painful death. These supportersRead MoreThe Legal And Ethical Issues Involving Physician Assisted Suicide1134 Words   |  5 Pageswhat conditions is physician assisted suicide morally acceptable, is the question at hand and did these states make the right decision on such a slippery slope debate. This paper will go on to explain one side of this very touchy debate, it will also consider objections from the other side, and ultimately defend the position physician assisted suicide is wrong not only morally but also, ethically. My argument for this thesis is provided below: P1: Physician assisted suicide violates the doctor’sRead MoreMy Ethical Views on Physician Assisted Suicide Essay1598 Words   |  7 PagesMy Ethical Views on Physician Assisted Suicide Physician assisted suicide is immoral in the case of people who are alive and desire to terminate their life. However, there are extreme cases when hastening the dying process is justified in the circumstances of individuals who are in intense physical impairment. Physician-assisted suicide is defined as the practice where a physician provides a patient with a lethal dose of medication, uponRead More Are Physician-Assisted Suicide and Euthanasia Ethical? Essay1625 Words   |  7 PagesIs Euthanasia Ethical?        Ã‚  Ã‚  Ã‚  Ã‚   Euthanasia is one of the most acute and uncomfortable contemporary problems in medical ethics.   Is Euthanasia Ethical?   The case for euthanasia rests on one main fundamental moral principle: mercy.      Ã‚  Ã‚  Ã‚  Ã‚   It is not a new issue; euthanasia has been discussed-and practised-in both Eastern and Western cultures from the earliest historical times to the present.   But because of medicines new technological capacities to extend   lifeRead MorePhysician Assisted Suicide : Controversial Healthcare And Political Realms Alike1218 Words   |  5 Pages Physician-Assisted Suicide Elissa Munoz-Tucker University of Arizona Abstract Physician-assisted suicide is controversial in healthcare and political realms alike. Currently, this end-of-life option is practiced in five states within the United States. Social concerns regarding assisted suicide revolve around ethical quandaries; providing the means to a patient’s death is contradictory to ethical principles of healthcare providers. Political concerns surrounding

Saturday, December 14, 2019

Fluctuation of Gold Price Free Essays

string(108) " sellers can work together to either get product they need or to make a profit from the fluctuation prices\." read and give rewards to me ABSTRACT Gold is a brilliant yellow precious metal that is resistant to air and corrosion. Gold comes second after bank deposits when it comes to the preference for investment in India and considered a savings and investment vehicle. India is the world’s largest consumer of gold in jewelry as an investment. We will write a custom essay sample on Fluctuation of Gold Price or any similar topic only for you Order Now Gold is traded in the form of securities on stock exchange Even when the gold prices are high there is steel boom in the commodities market of gold hence the main purpose and the need of the study are to know the investment pattern in gold and to hedge the risk The data which is used in the study is secondary data. The analysis has been done by using the technical tools Relative Strength Index (RSI), MACD. From the analysis it can be concluded that gold as an investment avenue has increased. There wider market for gold and a person with small amount can trade in gold. RSI can be considered as the best tool to evaluate the price movement of gold. The investors have to keep a keen watch on the price of gold and since there is an upward momentum in the price of gold it is time for the investor to sell CONTENT | | | | |CHAPTER |PARTICULAR |PAGE NO | |NO. | | | |1. INTRODUCTION | | | |NEED FOR THE STUDY | | | |OBJECTIVE OF THE STUDY | | | |SCOPE OF THE STUDY | | | |RESEARCH METHODOLOGY | | |LIMITATIONS | | | | | | |2. REVIEW OF LITERATURE | | | |TABLES AND GRAPH | | | | | | |3. COMPANY PROFILE | | | | | | |4. |DATA ANALYSIS INTERPRETAIONS | | | | | | |5. FINDING | | | |CONCLUSION | | | |RECOMMENDATIONS | | | | | | |6. BIBLIOGRAPHY | | CHAPTER NO — 1 INTRODUCTION INTRODUCTION ABOUT INDIAN COMMODITY MARKET Commodity future trading is an old concept and flourished in the late nineteenth century. There were several such exchanges that traded in specific commodities in certain geographies. In the 1960s the futures market ran into trou ble as high inflation resulted from a series of wars and droughts in the country which lead to considerable speculation and hoarding of agricultural commodities. Ever since the down of civilization commodity trading has become an integral part in the life of mankind. The very reason for this lies in the fact that commodities represent the fundamental utility of human being. Commodity markets are market where raw or primary products are exchange. These raw commodities are traded regulated commodity exchange they are bought and sold in standardize contract that may any movable property other them actionable claims, money and securities. This commodity market is becoming day by day the best for the increasing economy. Gold is valued in India as saving and investment vehicle and is the second preferred investment after bank deposit. India is world’s largest consumer of gold jeweler and in investment. Gold is traded in the form of securities on stock exchange. In the cities gold is facing competition from the stock market and a wide range of consumer goods. Domestic consumption is dictated by monsoon, harvest and marriage season. Indian jewellery off take is sensitive to price increases and even more so to the volatility. For years, portfolio managers have recommended a minimum of 10% to 20% of one’s total net worth in gold as a hedge against inflation or as a safety net in the event that our paper money system collapses. Hence the study is about the commodities market in gold. Every commodity has its own price, and varies across markets even at the point of first sale, i. e. the wholesale market. There is of course another very active financial market, which has a price that is widely traded, i. e. the stock market. Here shares of companies are traded by investors at prices which are determined by multitude of perceptions. NEED FOR THE STUDY:- ? Since there is a cut throat competition in the present world market There is a need to study about factors affecting gold prices ? Even when the gold prices are high there is still boom in the commodities market of gold hence the main purpose and the need of the study are to know the investment patterns in gold and to hedge the risk OBJECTIVE OF THE ST UDY:- 1. To know how gold is traded 2. To know the fluctuation of gold prices 3. To know the factors affecting gold prices 4. To evaluate the trend analysis of gold . To study the impact of gold on investors METHODOLOGY: – The data which is used secondary in a nature. SECONDARY DATA:- ? From various test books, journals, magazines, news papers and booklets from company. ? Information collected from different websites likes Gold World, MCX etc. SCOPE OF THE STUDY:- ? The scope of the study is about the day to day changes in the price of gold and the reasons behind the change. ? It focuses more on the fluctuations and the interest of investors to invest in gold even though the price is getting higher. The study also focuses more on the fluctuation in the gold and its relation to oil markets oil and gold are the two main items in the economy now that tends to increase day by day. LIMITATIONS:- ? Difficulty in getting the lives prices of gold in absence of online research softwar e. ? Use of limited technical tools. ? Commodity trading is limited to gold only. ? There may be factor other than those studied in this research which may impact on gold prices. ? The study is limited only for a certain period of time i. e. April to June 2012 CHAPTER-2 REVIEW OF LITERATURE TRADING OF GOLD IN COMMODITY MARKETS COMMODITY MARKET Commodity markets are markets where raw or primary product these raw commodities are traded on regulated commodities Exchange in which they are brought and sold in standardized contract it cover physical product markets but not ways that services including those of government, nor investment debt, can be seen as a commodity A commodity trading is sophisticated form of investing it is similar to stock trading but instead of buying and selling shares of companies, an investor buys and sells commodities likes stocks, commodities are traded on exchange where buyers and sellers can work together to either get product they need or to make a profit from the fluctuation prices. You read "Fluctuation of Gold Price" in category "Essay examples" There are few ways to trade commodities. Futures are contracting to buy or sell commodities at specific date. An option is the right to buy or sell a commodity at a specific price and date. COMMODITY TRADING: Trading futures is the purest way to invest in commodities. To trade commodities, an individual trading account can be opened either directly with a futures commission merchant or indirectly through as introducing broker. Another way to trade commodities is through a managed account, where you give someone written power of attorney to make and execute decisions about what and when to trade. He or she will have discretionary authority to buy or sell for your account or will contract you for approval to make trades, or you can hire a commodity trading advisor for a fee. And lastly, ever increasingly popular methods of diversified investing in commodities include commodity pools (limited partnerships) or commodity related mutual funds. In all futures markets, trading decision are made in two ways – Fundamental or Technical, although many traders use a combination of both. Fundamental analysis includes all factors that influence supply and demand. For the physical commodities markets, fundamental factors include weather and geopolitical events in producing countries – outside forces that influence price action. For the financial futures markets, factors such as Federal Reserve actions and economic reports are among fundamental forces affecting prices. Technical analysis is based strictly on inside market forces. It involves tracking various price patterns that occurred in the markets in the past. Analysts focus on a variety of time frames, and trading decisions are based on past tendencies with the idea these price patterns tends to repeat themselves. Technical analysis involves a wide range of techniques, and a variety of market indicators are studied including volume, open interest, and momentum. Each individual analyst has his favorite approach – technical analysis is just as much art as it is science. REGULATOR OF COMMODITY MARKET THE DIFFERENT PRODUCT IN COMMODITY MARKET ARE USE 1. Precious metal 6. Plantations 2. Base metal 7. Spice 3. Pulses 8. Sugar 4. Cereals 9. potato 5. Energies Introduction Gold Gold is a unique asset based on few basic characteristics. First, it is primarily a monetary asset, and partly a commodity. As much as two thirds of gold’s total accumulated holdings relate to â€Å"store of value† considerations. Holdings in this category include the central bank reserves, private investments, and high-cartage jewelry bought primarily in developing countries as a vehicle for savings. Thus, gold is primarily a monetary asset. Less than one third of gold’s total accumulated holdings can be considered a commodity, the jewelry bought in Western markets for adornment, and gold used in industry. The distinction between gold and commodities is important. Gold has maintained its value in after-inflation terms over the long run, while commodities have declined. Some analysts like to think of gold as a â€Å"currency without a country’. It is an internationally recognized asset that is not dependent upon any government’s promise to pay. This is an important feature when comparing gold to conventional diversifiers like T-bills or bonds, which unlike gold, do have counter-party risk History of gold in India Prior to 1962, India was the world’s largest gold market and the main trading center was Bombay. In 1962, the government enacted the Gold Contract Act, which prohibited the citizens of India from holding pure gold bars and coins due to loss of reserves during the indo-china war. It was declared that the old holdings in pure gold bars to be compulsorily converted into jewelry. Pure gold bars and coins were to be dealt only by licensed dealers. A large unofficial market sprung up which dealt in cash only as a consequence of this legislation that adversely affected the official gold market. This also made way for smuggling and black marketing, which comprised of many jewelers and bullion traders. In 1990, India was on a verge of default of external liabilities as it had a major foreign exchange problem. It had to give up the concept of controlling and licensing as it led to nothing more than corruption and shortages. As a result, the India government pledged 40 tones from their gold reserves with the bank of England. India had to adopt the concept of liberalization. The government abolished the 1962 Gold control Act in 1992 and liberalized the import of gold in India for a duty payment of Rs. 250per 10 grams. The government made up for the foreign exchange problem by allowing free imports and earning the taxes. This step expanded the gold market and it also waved off the unofficial trade i. e. smuggling and black marketing. This makes India the most price-sensitive market for gold in the world. Gold in Indian present scenario Gold is valued in India as a savings and investment vehicle and is the second preferred investment behind bank deposits. India is the world’s largest consumer of gold in jewelry (much of which is purchased as investment). The hoarding tendency is well ingrained in Indian society, not least because inheritance laws in the middle of the twentieth century lent a great desirability to anonymity. Indian people are renowned for saving for the future and the financial savings ratio is strong, with a ratio of financial assets-to-GDP of 93%. Gold’s circulates within the system and roughly 30% of gold jewelry fabrication is from recycled pieces. India is typically also the largest purchaser of coins and bars for investment (80tpa), although last year it had to concede first place to Japan in the wake of the heavy buying in the first quarter due to fears for the stability of the Japanese banking system. In 1998-2001 inclusive, annual Indian demand for gold in jewelry exceeded 600 tons; in 2002, however, due to rising and volatile prices and a poor monsoon season, this dropped back to 490 tons, and coin and bar demand dropped to 67 tons. Indian jewelry off take is sensitive to price increases and even more so to volatility, although this decline in tonnage since 1998 is also due in part to increasing competition from white and brown Goods and alternative investment vehicles, but is also a reflection of the increase in price. The Indian bride’s â€Å"Streedhan†, the Wealth she takes with her when she marries and which remains hers, is still gold, however (thus giving gold an important role in the â€Å"empowerment† of women in India). The distinction between gold and commodities is important. Gold has maintained its value in after-inflation terms over the long run, while commodities have declined. Some analysts like to think of gold as a â€Å"currency without a country’. It is an internationally recognized asset that is not dependent upon any government’s promise to pay. This is an important feature when comparing gold to conventional diversifiers like T-bills or bonds, which unlike gold, do have counter-party risk. SIGNIFICANCE OF GOLD IN INDIAN CULTURE Gold is a precious metal with which man kind has had a long and very intimate relation. Gold is considered as a symbol of purity and good fortune. Most of the gold that the entire world holds lies in India. The main reasons why Indians consider gold as an investment are. ? Gold is considered as equivalent to liquid cash: gold is considered as a security or assets which can be converted in to cash when ever required. Gold is very good investment :due to consistently increasing value, gold is considered as safe and secure investment ? Gold is a goof gift item: it is precious and worthy it is again as gift during wedding birthdays or any other special occasions. It is symbol of prestige and is co nsidered auspicious ? Gold considered as status symbol: Gold is symbolizes wealth. in Indian the weddings, the bride wears jewellary as a symbol of the family status. ? Gold has religious significance : Gold is a symbol of Hindu goddess lakshmi. Gold is bought or gifted on occasions of festivals like Dhanteras Dussera and diwali . ? Gold has great ornamental value: women and gold jewellery are inseparable from each other. Gold ornaments area always in fashion and will never become out of fashion . even the wedding rings are made of gold to mark a long lasting relationship ? Gold : Ancentral property: Gold is passed down from generation to generation as an ancestral property. .Gold producing countries †¢ South Africa †¢ United states †¢ Australia †¢ China †¢ Canada †¢ Russia †¢ Indonesia †¢ Peru †¢ Uzbekistan †¢ Papua new guinea †¢ Ghana †¢ Brazil †¢ Chile †¢ Philippines †¢ Mali †¢ Mexico †¢ Argentina †¢ Kyrgyz tan †¢ Zimbabwe †¢ Colombia The largest producer of Gold is South Africa. It accounts for an estimated 16. 5 million ounces of Gold annually in the next 3 year: and produces almost 20 percent of the world’s bullion. Hopping to control its declining production trend due to the extended weakness in the price of Gold in recent years. The South African Gold industry is working in the direction to lower its production costs and boost productivity. The second largest producer of gold is united states. It accounts for an estimated 10. 4 million ounces of Gold annually by 2001 and produces about 12. 5% of the world’ Gold supply Due to the expansion US Mining operations. And because of the reduced profitability due to the low price of Gold. Reduction in mine production is expected by 9% by the US during the next 3 years the third largest producer of gold is Australia with an estimated 9. 6 million ounces annual production by 2001. Nearly 45% of the world gold supply was produced by the top 3 producing nations Latin America (Mexico, Peru, Chile and Brazil) and the Far East producer are accepted to increases production in the next three years. Though these countries add up to a very a small shares in the world’s totally supply there production increase will counter act some of the production cuts made up by the top 3 big producers Current Scenario in Indian Commodity Market Need of commodity derivatives for India India is among top 5 producers of most of the commodities, in addition to being a major consumer of bullion and energy products. Agriculture contributes about 22% GDP of Indian economy. It employees around 57% of the labor force on total of 163 million hectors of land Agriculture sector is an important factor in achieving a GDP growth of 8-10%. All this indicates hat Indian can be promoted as a major centre for trading of commodity derivatives. INDIAN COMMODITY MARKET TRADING AND EXHANGES ? MCX: MULTI COMMODITY EXHANGE ? NCDEX: NATIONAL COMMODITY AND DERIVATIES EXHANGE ? NSEL: NATIONAL SPOT EXHANGE LTD ? NMCE: NATIONAL METAL AND COMMISSION EXHANGE MULTI COMMODITY EXCHANGE – MCX Multi commodity exchange is a commodity exchange based in Mumbai, the financial capital of India. The MCX is a demutualized electronic multi commodity futures exchange, and enables future trading of various agricultural and non agricultural commodities such as Metals, Pulses, Oils, Fiber, Energy, Petrochemicals, Plantations, Cereals, Bullion and Spices etc. As on 31st of December 2007, the exchange was offering futures trading in 55 different commodities. Established in November 2003 by Financial Technologies, the MCX hold a permanent recognition issued by government of India. Pattern on multi commodity exchange (MCX) MCX is currently largest commodity exchange in the country in terms of trade volumes, further it has even become the third largest in bullion and second largest in silver future trading in the world. Coming to trade pattern, though there are about 100 commodities trade on MCX, only 3 or 4 commodities contribute for more than 80 percent of total trade volume. As per recent data the largely trade commodities are Gold, Silver, Energy and base Metals. Incidentally the futures trends of these commodities are mainly driven by international futures prices rather than the changes in domestic demand-supply and hence, the price signals largely reflect international scenario. Among agriculture commodities major volume contributors include Gur, Urad, Mentha oil etc. whose market sizes are considerably small making then vulnerable to manipulations. NATIONAL COMMODITY AND DERIVATIVES EXCHANGE LTD – NCDEX The second largest commodity exchange in the country after MCX. However the major volume contributors on NCDEX are agricultural commodity but most of them have common inherent problem of small market size, which is making them vulnerable to market manipulations and over speculation. About 60% trade on NCDEX comes from guar seed, chana and urad (narrow commodities as specified by FMC). National Commodity and Derivatives Exchange Ltd (NCDEX) is a technology driven commodity exchange. It is a public limited company registered under the Companies Act, 1956 with the Register of companies, Maharashtra in Mumbai on April 23, 2003. it has an independent Board of Directors and professionals not having any vested in commodity market. It has been launched to provide a world-class commodity exchange platform for market participants to trade in a wide spectrum of commodity derivatives driven by best global practices, professionalism and transparency. In December 2003, the National Commodity and Derivatives Exchange Ltd (NCDEX) launched futures trading in nine major commodities. To begin with contracts in Gold, Silver, Cotton, Soya bean, Soya oil, Rape/ Mustard seed, Rapeseed oil, Crude palm, and RBD palmolein are being offered. National Multi Commodity Exchange (NMCE) NMCE is third national level futures exchange that has been largely trading in agricultural commodities. Trade on NMCE had considerable proportion of commodities with big market size as jute rubber etc. But, in subsequent period, the pattern has changed and slowly moved towards commodities with small market size or narrow commodities. Analysis of volume contributions on three major national commodity exchanges reveled the following pattern, major volume contributors. Majority of trade has been concentrated in few commodities that are ? Non Agricultural Commodities ( bullion, metals and energy) ? Agricultural commodities with small market size ( or narrow commodities) like guar, urad, menthe etc The commodity markets are being classified as following types of commodities. 1. Agricultural products. 2. Precious metals. 3. Other metals. 4. Energy. GENERAL CHARACTERISTICS OF GOLD: ? Gold is primarily a monetary asset and partly a commodity. ? More than two-thirds of gold’s total accumulated holdings relate to â€Å"value for investment† with central bank reserves, private players and high-carat jewellery. Less than one-third of gold’s total accumulated holdings is a â€Å"commodity† for jewellery in western markets and usage in industry. CHARACTERISTICS OF GOLD MARKET: ? Gold market is highl y liquid and gold held by central banks and other major institutions and retail jewellery keep coming back to the market. ? Due to large stocks of gold as against its demand, it is argued that the core driver of the real price of gold is stock equilibrium rather than flow equilibrium. ? Effective Portfolio Diversifier: this phrase summarizes the usefulness of gold in terms of â€Å"Modern Portfolio Theory†, a strategy which is utilized by many investment managers today. Using this approach, gold can be used as portfolio diversifier to improve investment performance. Effective Diversification During â€Å"Stress† Periods: Traditional methods of portfolio diversification often fail when they are most needed-that is, during periods of financial â€Å"stress†(instability). On these occasions, the correlations and volatilities of return for most asset classes(including traditional diversifiers such as bonds and alternative assets)increase, thus reducing the intended â€Å"cushioning† effect of diversified portfolio. INDIAN GOLD MARKET: ? Gold is valued in India as savings and investment vehicle and is the second preferred investment after bank deposits. ? India is the world’s largest consumer of gold in jewellery and in investment. In July 1997 the RBI authorized the commercial banks to import gold for sale or loan to jewellers and exporters. ? The gold hoarding tendency is well ingrained in Indian society. ? Domestic consumption is dictated by monsoon, harvest and marriage season. Indian jewellery off take is sensitive to price increases and even more so to the volatility. ? In the cities gold is facing competition from the stock market and a wide range of consumer goods. ? Facilities for refining, assaying, making them into standard bars in India, as compared to the rest of the world, are insignificant, both qualitatively and quantitatively. GOLD MARKET MOVING FACTORS: ? Above ground supply from sales by central banks, reclaimed scrape and official gold loans. Producer/miner hedging interest. ? World macro economic factors-US Dollar, interest rate. ? Comparative returns on stock markets. ? Domestic demand based on monsoon and agricultural output. IMPORTANT WORLD GOLD MARKETS: ? London is the biggest as well as the oldest gold market in the world. ? Mumbai under India’s liberalized gold regime. ? New York as the home of futures trading. ? Zurich as a physical turntable. ? Istanbul, Dubai, Singapore and Hong Kong as doorways to important consuming regions. ? Tokyo was TOCOM sets the mood of Japan. Headquartered in Mumbai, Multi Commodity Exchange of India Ltd (MCX) is a state-of-the-art electronic commodity futures exchange. The demutualised Exchange set up by Financial Technologies (India) Ltd (FTIL) has permanent recognition from the Government of India to facilitate online trading, and clearing and settlement operations for commodity futures across the country. Having started operations in November 2003, today, MCX holds a market share of over 80% of the Indian commodity futures market, and has more than 2000 registered members operating through over 100,000 trader work stations, across India. The Exchange has also emerged as the sixth largest and amongst the fastest growing commodity futures exchange in the world, in terms of the number of contracts traded in of the number of contracts traded in 2009. MCX offers more than 40 commodities across various segments such as bullion, ferrous and non-ferrous metals, and a number of agric-commodities on its platform. The Exchange is the world’s largest exchange in Silver, the second largest in Gold, Copper and Natural Gas and the third largest in Crude Oil futures, with respect to the number of futures contracts traded. The Exchange strives to be at the forefront of developments in the commodities futures industry and has forged strategic alliances with various leading International Exchanges, including Euro next-LIFFE, London Metal Exchange (LME), New York Mercantile Exchange, Shanghai Futures Exchange (SHFE), Sydney Futures Exchange, The Agricultural Futures Exchange of Thailand (AFET), among others. For MCX, staying connected to the grassroots is imperative. Its domestic alliances aid in improving ethical standards and providing services and facilities for overall improvement of the commodity futures market. EXCHANGE-TRADED GOLD: GOLD-BACKED SECURITIES Gold is traded in the form of securities on stock exchange in Australia. France, Hong Kong, Japan, Mexico, Singapore, South Africa, Switzerland, Turkey, the United Kingdom and the United States. By design, these forms of securitized gold investment, all regulated financial products, are generally referred to as Exchange Traded Commodities or Exchange Traded Funds (ETFs), and are expected to track the gold price almost perfectly. Unlike derivative products, the securities are 100% backed by physical gold held mainly in allocation form. These securities have had a major impact on the gold market, representing an annual average of 32% of identifiable investment and 6. 5% of total physical demand over the 5 years to 2008. Financial advisors and other investment professionals can provide further details about these products. FUTURES AND OPTIONS GOLD FUTURES Gold futures contracts are firm commitments to make or take delivery of a specified quantity and purity of gold on a prescribed date at an agreed price. The initial margin – or cash deposit paid to the broker – is only a fraction of the price of the gold underlying the contract. That means investors can achieve notional ownership of a value of gold considerably greater than their initial cash outlay. While this leverage can be the key to significant trading profits, it can also give rise to equally significant losses in the event of an adverse movement in the gold price. Futures prices are determined by the market’s perception of what the carrying costs – including the interest cost of borrowing gold plus insurance and storage charges -ought to be at any one time. The futures price is usually higher than the spot price for gold. Futures contracts are traded on regulated commodity exchanges. The largest are the New York Mercantile Exchange Comex Division (recently rebranded CME Globex, after a merger between Chicago Mercantile Exchange and NYMEX), the Chicago Board of Trade (part of CME) and the Tokyo Commodity Exchange. Gold futures are also traded in India a Dubai. The Commodity Futures Trading commission provides extensive reports on derivatives trading in the United States. Tradable commodity indices are based on fully collateralized baskets of long-only commodity futures, all of which include a small allocation to gold. GOLD OPTIONS These give the holder the right, but not the obligation, to buy (‘call’ option) or sell (‘put’ option) a specified quantity of gold at a predetermined price by an agreed date. The cost of such an option depends on the current spot price of gold, the level of the pre-agreed price (the ‘strike price’), interest rates, the anticipated volatility of the gold price and the period remaining until the agreed date. The higher the strike price, the less expensive a call option and the more expensive a put option. Like futures contracts, buying gold options can give the holder substantial leverage. Where the strike price is not achieved, there is no point in exercising the option and the holder’s loss is limited to the premium initially paid for the option. Like shares, both futures and options can be traded through brokers. Gold price Fluctuation: Responsible factors Gold has widely used throughout the world as a vehicle of monetary exchange, as an investment, use in jewelry, medicine, the food and drink also. Gold provided the independent of states, currencies, productivity and credit worthiness. Many experts advice to the private investors that they do 5 to 10 % their investment in the gold because regular purchase of gold and silver coins helps to protect the smaller investor against price and currency fluctuation. Gold has always been prized as precious and valuable. It does not deteriorate. Gold is also maintained the liquidity in our portfolio because gold is traded around the world. With gold we can possess the international currency which we can sold around the world at any time. This table shows the gold price fluctuation. [pic] Table shows the gold price fluctuation In the recent scenario there are various issues and factor responsible for the gold price fluctuation. Increasing deficit in the balance of trade in the united states. ? The declining production of some gold producing countries the major gold producing company Africa, Canada, Australia, china, Philippines. ? Central bank and international monetary fund also play the major role in gold fluctuation. It is g enerally accepted that interest are closely related to the gold price. As the interest rate rise the general tendency is for the gold price, which earn no interest to fall and rates dip for gold price to rise. ? At the end of 2008 financial crisis captured all the global market, a trend start to develop of regular investor allocating a certain amount of their portfolio into gold. The most popular reason to own gold is as hedge against the inflation. ? From late 2009 Fears of Sovereign debt crises developed among the investors as a result rising the private and government debt levels around the world together with the wave of downgrading of government debt in some European states. The crises have major impact on several European countries, most notably on Greece, Ireland, Italy, Portugal and Spain. Several other factors which are responsible to pushes the gold prices upward political unrest and war monetary expansion, economic misbalance because of these reasons people lose their faith in the value of their currency and they invest into the gold as permanent or a fixed assets. [pic] How to cite Fluctuation of Gold Price, Essay examples

Friday, December 6, 2019

The Importance of Internships free essay sample

Growing up in school, students are constantly reminded that a college education is necessary to make a decent salary. Over the years, it has become evident to many young adults that this statement is indeed true. However, as the need for jobs increases, so does the necessity of being more competitive in a work field. Since our generation has grown up knowing that graduating from college is a necessity, a college education is no longer enough to be competitive in the job market; therefore, our generation has given birth to a new requirement to find the right job after college. This requirement is known as an internship. Despite the fact that not many internship programs pay their students, an internship is an essential element for a student’s career in today’s society. The skills and opportunities attained after having participated in an internship program definitely outweigh any downside to any part of the program. College is a place where students become prepared for many aspects of life. Pastor Ricky Torres made the following statement on night bus once: â€Å"You must be ready for moments in your life where preparation and opportunity cross paths. If you’re not prepared, you will miss great opportunities that only come by once.† One aspect in life which must be well prepared is networking. The more contacts a person has, the higher the chances of that person getting what he needs. â€Å"College internships are a resource and the ultimate social network.†1 When a student joins an internship program, he is joining a nexus of connections that will last him for a lifetime. â€Å"Internships are mutual beneficial relationships.† 2 The intern gets an opportunity to look into the real world pertaining to his career, while the employer gets a chance to look for the brightest and hardest working members in the program. Many times in life, it doesnt necessarily come down to â€Å"how much you know† but â€Å"who you know†. Internships provide the chance to get to know many important people in the area that best interest a student. Internships secure a successful way to find employment. For example, the majority of the young men that graduate from Hyles-Anderson College end up interning for their home pastors. Interns return home and eventually become  Music Directors, Assistant Pastors, School Teachers, or Bus Directors. However, most of these interns usually receive little to no pay at all when they first begin working for their home church. This is indeed one of the most criticized downsides to many internship programs. Nearly 50% of all Internships in the U.S are unpaid and 85% of graduates are actually willing to intern for free.3 Critics believe that colleges and companies are constantly pushing students to join internship programs because these companies save millions of dollars annually by â€Å"hiring† interns. Although this may be true, most graduates that enter an intern program finish the internship receiving a highly coveted job offer. In the other hand, a great number of graduates that don’t have the tool of an internship network usually leave college and cannot find a job. These graduates put up with having to wander from one job to another while the jobs usually have nothing to do with their field of study. Students who are willing to sacrifice a couple months of salary usually end up winning because they find a well-fitting and well-paid job in the end. Most internships equip members with necessary experience in their field of study. â€Å"The dilemma new graduates most often face is that they’ve got fine academic training but no hard experience.† 4 Employers usually look for applicants who have hands-on experience. When very few people are willing to take the risk of hiring a complete rookie, internship programs are designed for this matter. Internships provide students with great experience and references to add to their resumes. Graduates are also able to add themselves to a real work force without having to engage in commitment with a company or an employer. That itself is enough to relieve unnecessary stress on anyone! Not only are these programs beneficial for interns, but for employers as well. Companies can be sure that interns are dedicated and truly interested in the field that they are working in. There are many people who are currently working in fields where they never thought they would work. Their plans in life didn’t work out the way they wanted and they are now living under what they once labeled â€Å"Plan B†. A good example of this can be found in a chapter from the book To Become a Teacher. â€Å"When I asked why he wanted to teach and, more specifically, why  he wanted to teach young children, the young man quickly responded. â€Å"Oh, I’ve always heard that its good to pick up some teaching credits. The early childhood education program looked doable [easy enough, I quickly interpreted] with my engineering courses. Anyway, if all else fails,† he continued, â€Å"I could always fall back on teaching.† How I wish that this young man’s story was an exception† 5 Internships are a way to prevent situations like these. Employers can see who really wants to work in a department and if they can’t find anyone fit for the job, they can at least see who has the potential and who doesnt. A person who doesn’t intern after college is truly missing out on a chance to take his career on a test-run. Internships are indeed excellent and rewarding ways to gain hands-on experience. Interns have the opportunity to meet and network with many people who will provide help and references along their career. Although internship programs may not always pay their students, today’s competitive work force demands graduates to be highly equipped for their work field. The skills and opportunities attained from an internship program are innumerable. If anyone is struggling to decide which internship to join, they should see their school advisor or simply research online. Great opportunities for success are definitely available, the question is: â€Å"How competitive do graduates want to be?†.

Monday, November 25, 2019

Free Essays on Final Demonstation For Interpersonal Sphere

For this demo I chose to do journal entries. This demo will use four different quotes/thesis statements that will link all sources together. The sources used were: â€Å"The Story Of The Widow’s Son†, â€Å"Melvin Arbuckle’s First Course in Shock Therapy†, â€Å"The Story of the Widows Son† and â€Å"What You See Is the Real You†. â€Å"Nothing can replace a special someone† This statement works really well for the story â€Å"The Widows Son†. In this story the mother cared so much about her son that she would give anything just to see him be successful in life. An example would be how rough she treated him. She didn’t do this out of bitterness rather she did this so he would have good discipline and not be spoiled. In the story â€Å"What You See Is the Real You†, the author was talking about a machine that was capable of taking an X-ray of you. This X-Ray would tell the individual anything he wanted to know about you. It was supposed to be a grandfather replacement. The truth to the matter is we all know that grandparents are too important to replace. In â€Å"Melvin Arbuckle’s First Course in Shock Therapy†, the dynamite scared the grandpa into acting normal. When he went to war he developed some kind of mental illness that made him think that people were following him. Even though the Grandpa was a little strange the kids in the story still loved him. I am sure that if he were to have been replaced that the kids would have been devastated. In â€Å"The Veldt†, a family installed a virtual odorophonics system. This system was meant as a nursery where the kids could go to for fun. The Parents didn’t realize it but the nursery was taking over the responsibility of babysitting the kids. Closer to the end of the story the kid’s and parents realized this and pt it to a stop. The kids realized that the parents could in fact not be replaced. â€Å"Older People are Full of Wisdom† In â€Å"The Widows Son†, the mother w... Free Essays on Final Demonstation For Interpersonal Sphere Free Essays on Final Demonstation For Interpersonal Sphere For this demo I chose to do journal entries. This demo will use four different quotes/thesis statements that will link all sources together. The sources used were: â€Å"The Story Of The Widow’s Son†, â€Å"Melvin Arbuckle’s First Course in Shock Therapy†, â€Å"The Story of the Widows Son† and â€Å"What You See Is the Real You†. â€Å"Nothing can replace a special someone† This statement works really well for the story â€Å"The Widows Son†. In this story the mother cared so much about her son that she would give anything just to see him be successful in life. An example would be how rough she treated him. She didn’t do this out of bitterness rather she did this so he would have good discipline and not be spoiled. In the story â€Å"What You See Is the Real You†, the author was talking about a machine that was capable of taking an X-ray of you. This X-Ray would tell the individual anything he wanted to know about you. It was supposed to be a grandfather replacement. The truth to the matter is we all know that grandparents are too important to replace. In â€Å"Melvin Arbuckle’s First Course in Shock Therapy†, the dynamite scared the grandpa into acting normal. When he went to war he developed some kind of mental illness that made him think that people were following him. Even though the Grandpa was a little strange the kids in the story still loved him. I am sure that if he were to have been replaced that the kids would have been devastated. In â€Å"The Veldt†, a family installed a virtual odorophonics system. This system was meant as a nursery where the kids could go to for fun. The Parents didn’t realize it but the nursery was taking over the responsibility of babysitting the kids. Closer to the end of the story the kid’s and parents realized this and pt it to a stop. The kids realized that the parents could in fact not be replaced. â€Å"Older People are Full of Wisdom† In â€Å"The Widows Son†, the mother w...

Thursday, November 21, 2019

The Difference in American and Chinese Culture Management Essay

The Difference in American and Chinese Culture Management - Essay Example The paper tells that Chinese have a high context culture, which is that they are found to be more socially oriented, to be more confrontation-avoiding, and to have more trouble dealing with new situations. Typically in a high context culture like that of China while applying Hofstede’s cultural dimensions is it can be drawn that Chinese have high power distance that is there is high inequality amongst people which can easily be observed in their conduct and behavior as the rich, higher in rank and the older in age are perceived as more powerful and authoritative members of the society for example, like at Motosuzhou most Chinese organizations have a bureaucratic organization structure with decision making, control and managing power lying in the hands of the top management. As compared to US-based firms who as per their cultural values have a lower power distance with a respect for equality allowing room for autonomy at lower levels of management as in the case of Electrowide, Inc. Secondly, individualism in Chinese culture is very low as compared to the US culture. Chinese have a highly collective society where people act in the interests of the group. Thirdly, Chinese culture dominates the role of men in their society making China a masculine society where men are preferred over women in the workforce and are given more benefits, offered higher salaries and favored over women. As the case study mentions men hold a higher proportion of the Chinese workforce as compared to women, â€Å"An overview of the labor force reveals that males account for slightly more than half of the workforce and occupy the great majority of leadership positions. Though traditional Chinese society is male-centered†¦ Furthermore, the instances where Tom and his male counterpart were more socially accepted at the casual get-togethers and meetings with the Motosuzhou team where Barb was mostly sidelined in discussions and conversations despite her fluent Chinese language sk ills. While on the contrary, in the US both men and women are given equal opportunities with no or very minimal gender bisness. Women are a huge part of social gatherings and conduct meetings, discussions, and conversations with men at ease. Fourthly, uncertainty avoidance is observed to be low in most high context cultures and the same holds true for China, Chinese are also risk-averse people. For instance, the dealings of Ai Hwa and Motosuzhou’s prolonged delay in discussing the joint venture (JV) details provides an example of Chinese being inherently ambiguous about their dealings. Furthermore, the incident before the article â€Å"Motosuzhou/Electrowide, Inc.: Guanxi in Jeopardy,† being published in the newspaper in the case study shows the extent of ambiguous dealings in China where the US officials (Tom and his counterparts) left Ai Hwa’s building confused. Culturally, uncertainty avoidance is high in the US where people like to keep things, clear, concis e, timely and planned ahead of time. Lastly, long-term orientation in China is high where people plan and prepare, aim and strategize in advance for the years to come. On the contrary, the US has low long-term orientation which can be one of the reasons for more organization becoming ‘learning organizations’ and the trick behind the fast pace of innovation in the US markets.

Wednesday, November 20, 2019

The Role of Hong Kong in International Trade Research Paper - 1

The Role of Hong Kong in International Trade - Research Paper Example   The greatest financial activity in Hong Kong is international trade and its government policies in terms of trade demonstrate its position as a hub for free trade. These policies comprise of minimum constraints and permit the market dynamics to standardize exportation and importation activities. It thus prohibits protective actions such as tariffs and rations as well as subsidizations as a method of circumventing deficits that may be experienced in balances-of-trade. â€Å"Much of the impetus driving the changing patterns of global trade since 1950 can be attributed to the role played by transnational corporations which are sometimes called multinational corporations†. Development of Hong Kong’s import and export industry.The activities associated with the import and export industry can be categorized as imports, domestic exports and re-exports and Hong Kong have embraced a free trade policy while erecting limited barriers to trade. â€Å"Adopting pro-export policy promoting exports through tax breaks, subsidies, and tariffs, and at the same time discouraging imports through taxes, duties, or quotas, is a common practice among emerging markets and developing nations†.There is no imposition of tariffs in Hong Kong in regard to importing and exporting goods, and the licensing requirements are maintained at a minimum. The imposition of licensing only takes place in the event that there is a genuine need for meeting obligations that are undertaken by Hong Kong to its partners in trade.

Monday, November 18, 2019

Operation Management asignment Essay Example | Topics and Well Written Essays - 1000 words

Operation Management asignment - Essay Example In formulating and implementing the organisation’s strategy, the operations management takes the organisation through the main strategic levels (Slack 2003, p23). The managers of these departments ensure the strategies are formulated through three different levels. These are the corporate level, the business unit level, and the departmental level. In the corporate level, the operations management plays a role in selecting the businesses that the organisation has to compete. Additionally, in this level, the operations managers often develop and coordinate the growth of business by ensuring the organisation has achieved its overall goals (Robinson 2012, p 56). In the Business Unit Level, the operations management department works independently in coordination of operating units that sustains the competitive advantage of the organisation’s goods and services. It is in this level that the operation managers implement the changes in demand and technologies. They bring on board the strategies that accommodate them (Mahadevan 2010, p 45). The operations management plays a vital role in the departmental level. In this level, the operations managers deal with strategic issues that relate to value chain and business activities. Additionally, in this level, the members of the operations department coordinate the resources that are important for the operations of the business. In any business, managers are aware strategies are important in maintaining the competitiveness and survival of a business. Such situations demand the top leadership of any business to strengthen their operations management section. Consider the Citizens Advice Bureau in England; it is a successful advice corporation, which pursues profits through a range of operations. The company has ten core business segments. For the growth of the business, the corporation must manage its portfolio of businesses. The operations manager

Saturday, November 16, 2019

Development of Education System

Development of Education System Education http://choices4learning.com/home/quick-stop-resources-2/articles-on-learning/school-subjects-list/ https://en.wikipedia.org/wiki/Education_in_Finland It is said that the future belongs to those who choose to stay pupils until the endthose who choose to learn out of every situation, from every man and with every possible chance. These are those who choose educationà ¢Ã¢â€š ¬Ã‚ ¦and they will lead the world to progress. The base of a prospering society is education. This consists not only in the development of intellectual skills but also in the development of the individual through the assignment of certain moral qualities. All these aspects play a crucial role in the construction of a nation because through education one becomes a competent person and a responsible citizen. Ada Kaleh will have a well-founded educational system in order to assure efficient future prospects for its society. As a model, we will have the Finnish educational system which in the year of 2012 has been considered the best system of the world. In 2016, this system kept its place in the top 10. The educational units of Ada Kaleh will be a nursery, a kindergarten, a school and a university which will enclose numerous specializations. The first three units will occupy a central position making them easily accessible to parents and their children. The colleges as a part of the space university will be placed in the extremes of the ship, being visited only by those who are interested. All the units offering educational services will be provided with cutting-edge technology in order to enhance the attractiveness of the lessons . Nevertheless, we do not want the presence of a teacher to be fully replaced by a robot. We do not wish to replace the traditional way with a completely digitalized teaching system, as we consider that education involves creative teaching techniques adapted to the own personality of the student. The transmitting of information requires a specific spontaneity and adjustment to the situation and the fact that the modern technology does not yet cope with these special situations is now widely known. The ideal manner of teaching is a combination between technology and specialized people who know how to use the provided technology. The education will be divided into levels as follows: Age Level 0-40 5-7 Foundation stage 7-11 Primary Education. 12-15 Secondary Education. 16-18 High-school 18+ University Notable is the fact that these categories of age are only indicative, children being able to start a level before or after growing to the necessary age. Individual skills and abilities are defining in this case not the established age. Education will play an essential role from the first years of a child. Level 0 consists of the education the child will get from the parents. To be well informed and to offer quality education parents will have the opportunity to attend organized courses where they could accumulate precious knowledge. In the incipient level, level 0, children will have the chance to take part in various activities which are meant to introduce them to the world and to create a foundation based on three values: Respect for others Tolerance Individual responsibility In our view, these three values are necessary to a citizen of the Ada Kaleh space ship in order to lead the society to evolution. How else can these values be assimilated, if we do not start from an early age? In the foundation stage, the next level, will be the children who have gained a particular awareness of the things and events which surround them. The unit which corresponds to this level is the kindergarten where, in groups of maximum 16 pupils the little ones will learn the letters and basic mathematical calculus. They will spend 4 hours here. The aim of this level is to help the children to accommodate with the idea of school. After that follows the school itself divided into three levels: L1-primary level- consists of 4 classes L2-secondary level: consists of 3 classes L3-High-school: consists of 2 classes Apart from the subjects which will be studied by pupils (scheme 2), they will also have a program of clubs, groups in which they can enroll in school to acquire deeper knowledge in certain passions or to develop them. These clubs will provide assistance to the teenagers in finding a future career. We strongly believe it is essential that pupils have the chance to search, practice and find a passion they can later transform into a job to bring benefits to the society. Occasionally, people of specialty from the station will be invited to hold lectures and to motivate the teenagers. Every pupil will have to be enrolled in minimum one such clubs. In the followings, we will present a list of the subjects and of the aforementioned circles. They will be taught in a way adapted to each level and some of them will be introduced only in the upper grades(L2+) School subjects: English Grammar English-Literature Mathematics Biology Physics Chemistry Astronomy History Geography Healthcare Economy Political science Informatics P.E. Social Studies Clubs Debate club: themes of contemporary significance will be discussed. The aim is to develop ones ability to express and sustain a point of view clearly by giving logical arguments. Leadership: pupils will learn to organize their time, to be strong and to have an entrepreneurial spirit. They will also develop team spirit and they will learn how to empathize with the others Foreign Languages: This club is destined to the maintaining of multiculturalism. Every student will have the chance to choose the language he/she wants to learn Music: pupils will have the opportunity to learn how to play any wanted instrument or to be a part of the choir. Their work will later be presented in cultural festivals on Ada Kaleh Arts: they will develop their artistic abilities, maintaining, therefore, their inclination to culture Public Speaking: the good speakers will be formed here Space Exploration: they will gain expanded knowledge for the new environment Theatre: where they will play important plays from the earth but also newly created ones Media Studies: for those who are interested in mass media. They will help at the media on the space ship. Write articles, present the daily news or make documentaries. Level L3, the High-school is destined to the specialization of the pupils on a certain study to prepare him for the university. Teenagers will have the opportunity to choose the subjects they wish to study. They will then sit an exam out of the chosen subjects. The university level is defined by the actual study at the university. The Ada Kaleh University will have the main unit with a central position and then, the other colleges will be located in the extremes of the station. Crucial are also the teachers training programs. Educators will have the occasion to specialize themselves on minimum two subjects and they will participate in training courses every two years. We share the view that it is extremely important that teachers are always up to date with the news from their own teaching subject but also with the development trends of the society. One of the essential values of the school system we are promoting on Ada Kaleh is teamwork. It is important that pupils learn from an early age to collaborate with the others in order to achieve collective success. One of the advantages this method has is that pupils will learn to accept many ideas and to combine them in a constructive way. So tolerance and flexibility in the attitude towards others are crucial. Moreover, they will be able to develop their communication skills, and open communication is essential in a prospering society. The competition also plays an important role in the personal development. Therefore, we will organize contests. This way, pupils will be put in the situation of relying on their own abilities and ideas and to be independent, to trust their own initiative. Not only will they learn how to win, but also how to lose. Through competition can the good ones be distinguished from the others. The ones that have great performances in different fields. By recognizing their potential, they could be guided to specific leading positions in our society. The education we will promote on Ada Kaleh will be free and accessible to each and every inhabitant regardless of his nation of origin, of race and religion, because education is after all a human right!

Wednesday, November 13, 2019

Padre Pio :: essays research papers

Born in 1887, Padre Pio is not yet canonized. Francesco, named in honor of St. Francis of Assisi, was one of eight children of Grazio and Maria Forgione. Francesco was very devout even as a child, and at an early age felt drawn to the priesthood. He became a Capuchin novice at the age of sixteen and received the â€Å"habit† in 1902. Francesco was ordained to the priesthood in 1910 after seven years of study and became known as Padre Pio. On September 20, 1918, Padre Pio was kneeling in front of a large crucifix when he received the visible marks of the crucifixion. The doctor who examined Padre Pio could not find any natural cause for the wounds. Padre Pio describes what happened in a letter that he wrote to his spiritual advisor, Padre Benedetto. â€Å"On the mourning of the 20th of last month, in the choir, after I celebrated Mass, I yielded to a drowsiness similar to sweet sleep. All the internal and external senses and even the very faculties of my soul were immersed in indescribable stillness. Absolute silence surrounded and invaded me. I was suddenly filled with great peace and abandonment witch effected everything else and caused a lull of turmoil. All this happened in a flash. While this was taking place, I saw before me a mysterious person similar to the one I had seen on the evening of August the 5th. The only difference was that his hands and feet and side were dripping blood. The sight terrified me and what I felt at that moment is indescribable. I thought I should have died if the Lord had not intervened and strengthened my heart which was about to burst out of my chest. The vision disappeared and I became aware that my hands, feet and side were dripping blood.† He then goes on about the pain he experienced for the next week. These wounds never healed or festered and were still bleeding at the time of his death in 1968, fifty years later. The wounds of the stigmata were not the only mystical phenomenon experienced by Padre Pio. The blood from the stigmata had an odor described by many as similar to that of perfume or flowers. Padre Pio had the ability to read the hearts of the penitents who flocked to him for confession which he heard for ten or twelve hours per day.

Monday, November 11, 2019

Overpopulation: Research Paper Essay

Overpopulation: Research Paper Introduction A. Noticing the situations of several people in poverty, otherwise those devastated by natural disasters, pollution, crimes, etc, we have come to conclude that the reason for this suffering is essentially the rapid growth of population, and thus, with this mindset, we decided to uproot the cause further so as to be able to contrast it. B. The objectives of this research are: 1. To make people aware of the crisis of overpopulation 2. To lessen the number of people each year by making them aware of the effects C. Definitions of terms: 1. overpopulation – condition of having a larger population than normal 2. human resources- people with ability and skill as the wealth of a nation 3. accommodate- to provide or supply for someone 4. contraceptives- drug, medicine, chemical agent or device that prevent impregnation 5. natural disasters – occurrences in nature that damage poverty and lives 6. pollution – â€Å"dirtying† or â€Å"killing† nature 7. [global] economic crisis- a depression; a state of unemployment and little or no trade and investment over a long period of time [in the world] 8. poverty- a state of being poor, with no money or goods to support oneself 9. succumb- to give up; to give in to something far more superior 10. decline- a gradual decrease in strength and power [of a nation]; deterioration 11. chaos- a state of disorder, confusion disorganization of something; one in disarray 12. prosperity- a state of success or thriving; flourishing financially and socially D. Data-gathering procedures 1. Interviews 2. Internet Resources Presentation of Gathered Data A. Interviews 1. Annabelle Tee â€Å"For me, overpopulation is not good†¦ because there will be more pollution and this will result to more natural disasters forming around the world. As you can see right now, there have been many strong and deadly typhoons such as Ondoy entering the Philippines. Overpopulation, however, can result to some good things, such as our own country will progress†¦Ã¢â‚¬  2. Richmond Tee â€Å"Overpopulation is when there are more people than there should be. We must lessen the population of the Philippines (and the world) because we need to also put a stop to global warming. Since many people aren’t even aware of this yet, it is becoming more deadly. You see, there have been many natural disasters recently. I really think that overpopulation is bad†¦ Even our family is overpopulated†¦ *laughs*†¦Ã¢â‚¬  3. Izen Lao â€Å"For me, overpopulation will make our country bad because there are a lot of pollution. Mas grabe pa nga sa U.S. eh†¦ *laughs* So thus†¦ overpopulation is bad.† 4. Jan Adrian Chan â€Å"Overpopulation, in my opinion, has two sides: the good and the bad. On the good side, with a greater population, we have more people to help in progression. More people equals more manpower, and manpower means a lot to a country. Even if there aren’t many job opportunities here in the Philippines, workers, or OFWs, they may go abroad to work and bring back some money to enrich our economy. On the other hand however, too many people can cause several things such as traffic congestions, crime, poverty, pollution, etc.† 5. Ninyo Vasquez â€Å"Overpopulation can be good for the economy and at the same time bad because there are positive and negative effects. I think that’s it. B. Internet Resources â€Å"In a corner of the Northern cemetery, Venanjo Sison is standing on top of a coffin and taking a bath. Like many other of Manila’s residents, he is forced to live wherever he can. His home is made of wooden planks and scrap pieces of plastic.† The capital of the Philippines is a very overpopulated place. An average of 41,282 people live in 1 square kilometer; in slum areas the rates rise to even 88,000 people in 1 square kilometer. For Manila, people simply are running out of space. Some live in home-made shacks in cemeteries, railroad tracks or even under bridges. Some even take residence in toxic garbage dumps just to get whatever food they can. A big percentage of the 11 million residents of Manila don’t even have clean water to drink, proper jobs and medicine or education. With such a large population, our resources cannot accommodate everyone anymore. â€Å"Charito Esponilla’s dream is to give her children an education. That is what her neighbour with only two children has done. But the Esponilla family can’t afford to send their children to school. As it is, they have a hard time making ends meet and when the family runs out of money, they are forced to live on the charity of neighbours. â€Å"’Our neighbours are so sweet,’ explains Charito Esponilla, while she washes children’s clothes in three large buckets of laundry. ‘Sometimes they give us a little rice, but a lot of the time they are short on food just like us. Then we have no other choice but to go hungry to bed. On those nights, it’s very hard to fall asleep. The children cry and wake me up all night long. But I don’t have anything to give them. What can I do?’ â€Å"Even though Charito Esponilla loves her seven children, she doesn’t want any more. Like most other Filipinos she doesn’t use contraceptives, and never has. She has considered the birth-control pill, but she doesn’t know much about them and is afraid of what they might do to her body.† Lack of information is one of the main causes of Philippine overpopulation. Dr. Emily Bernardo, the leader of a family-planning unit at the public Jose Fabella Hospital in Manila, says, â€Å"The poorest social groups are incredibly ignorant. They don’t even know how a woman becomes pregnant. Some of them believe they are infertile while they are still breast-feeding their  new-borns and others have never even heard of prevention or contraceptives. Others are still terrified of unknown side effects. That’s why women keep having more children, even though they neither want to nor have the economic means to provide for them.† The Catholic Church, however, is against Dr. Emily Bernardo and the center for family planning. They are against abortion, sterilization and all other forms of contraception, and even sexual education. Women are encouraged instead to guess their egg cycle to prevent pregnancy. Being a very religious country, the Philippines and its government policies are still influenced heavily by the Church. A lot of governmental campaigning on prevention of pregnancy and sexual education never pushed through due to this influence. Interpretation of Data Based on the conducted interviews and the process of surfing the Internet for the data we gathered in this research, we have come to see many points of view concerning the national —or rather worldwide— issue that continues to be an increasing problem in society. Overpopulation, as we now see it, has conflicting good and bad effects to the community. On the one hand, having a lot of people means more human resources, which would be very useful for further growth of national wealth. But on the other hand, the strain on economy and natural resources will be too much for the Philippines—and eventually the whole Earth—to handle, and the world may be left in poverty and chaos, and humans will be left to the mercy of what our once more peaceful world would become. We do not only observe this, though. We can also see that both sides are only possibilities, meaning they may potentially not happen at all. It all depends on what we, as the people, do about our situation. Even if we have manpower to support the nation, the country could still fall into depression if this manpower is not used efficiently. If most Filipinos in their working age, if not all, do not have jobs and sit idly in the streets, definitely the economy would fall. If we  take full advantage of the fact that we have a lot of human resources, we may just prosper. Even if we suffer from a global economic crisis, we could either succumb to the continual decline, or we could try to counteract the problem. After our endeavors, only time can tell what would happen after. How we handle our problems could mean all the difference between prosperity and chaos. Insights Based on Gathered Data Big Ideas: ï‚ · All things, no matter how good or bad they may seem, have both positive and negative sides to them. ï‚ · It’s not so much as what problems we face as how we face them. Sources/Bibliography Interviews: Annabelle Tee and Richmond Tee: parents Izen Lao: close friend Jan Adrian Chan: classmate and insightful peer Ninyo Vasquez: friend from Mindanao

Friday, November 8, 2019

5 Tips to Understand Hyphenated Words

5 Tips to Understand Hyphenated Words 5 Tips to Understand Hyphenated Words 5 Tips to Understand Hyphenated Words By Mark Nichol The complexity of rules about those little dashes that separate many words for various reasons causes so much misunderstanding that many writers just leave them out of the recipe or spill them randomly into the mixing bowl. But your compositional cuisine need not be so undisciplined. The rules may seem complicated at first, but soon you’ll be able to put hyphens in their place. 1. Adjectives Hyphenate two adjectives united to modify a noun: â€Å"a well-trained writer.† But do so only before the noun: â€Å"a writer who is well trained.† Keep in mind, though, a convention that has arisen in which permanent open compounds, words that have been bonded together to form perpetual concepts, like â€Å"income tax† or â€Å"ice cream,† don’t take a hyphen even in phrases like â€Å"income tax records† and â€Å"ice cream cone.† How do you know which compounds have bonded and which remain free agents? If an open compound is listed in the dictionary, it’s permanent. 2. Adverbs But notice that these rules apply to adjectives but not to a similar-looking class of words; adverbs ending in â€Å"-ly† aren’t hyphenated to the verbs they modify: â€Å"a brightly colored shirt,† â€Å"a quickly memorized poem.† But most other adverbs are (â€Å"little-known fact,† â€Å"best-kept secret†); compounds with â€Å"least,† â€Å"less,† â€Å"most,† and â€Å"more† are exceptions. 3. Nouns Nouns are usually compounded, too, of course (â€Å"footstep,† â€Å"mountaintop†) but some, like â€Å"life-form† and â€Å"mind-set,† resist the closure that most of their like have accepted. Compounds that can be used as verbs and nouns alike differ in that the former are often hyphenated (â€Å"I had to jump-start his car†) and the latter aren’t (â€Å"He asked me for a jump start†). Another example is â€Å"fast track†: â€Å"We fast-tracked the project,† but â€Å"It’s on the fast track.†) 4. Multiword Coumpounds Multiword compounds like â€Å"right-of-way,† â€Å"back-to-back,† and â€Å"up-to-date† always include hyphens. Beware, though: â€Å"Head to toe,† although a common expression, does not appear in the dictionary with or without hyphens, so omit them (unless the phrase modifies a noun: â€Å"a head-to-toe inspection†). Familiar word strings that modify nouns are usually hyphenated before and after: â€Å"next-to-last person in line,† â€Å"the reply was matter-of-fact.† 5. Confusing Words Some words in which you wouldn’t expect a hyphen to persist remain to avoid confusion with a similar word with a different meaning (â€Å"re-cover,† as opposed to â€Å"recover†; â€Å"re-creation† instead of â€Å"recreation†). Had enough? We haven’t even covered every hyphen rule yet, but I’ll save some for later. The bottom line about this floating line, though, is: â€Å"When in doubt, look it up.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:12 Greek Words You Should Know75 Synonyms for â€Å"Talk†10 Tips About How to Write a Caption

Wednesday, November 6, 2019

Free Essays on Jimi Hendrix

Jimi Hendrix, the greatest guitarist in rock history, revolutionized the sound of rock. In 1967, the Jimi Hendrix Experience rocked the nation with their first album, Are You Experienced?. Hendrix's life was cut short by the tragedy of drugs in 1970, when he was only twenty seven years old. In these three years the sound of rock changed greatly, and Hendrix fs guitar playing was a major influence. Jimi was born in Seattle, Washington on November 27, 1942. As a young boy, whenever the chance came, Jimi would try to play along with his R & B records. However, music was not his life long dream. At first, the army was. In the late 1950 fs, Hendrix enlisted in the 101st Airborne Division. After sustaining a back injury during a jump, he received a medical discharge. After his army career came to an abrupt end, he decided to go into the music field. By this time he had become an accomplished guitarist, and was soon to become known as the greatest guitarist ever (Stambler, pg. 290). However, he did not start out at the top. Jimi started out playing as part of the back-up for small time R & B groups. It did not take long before his work was in demand with some of the best known artists in the field, such as B.B. King, Ike and Tina Turner, Solomon Burke, Jackie Wilson, Littler Richard, Wilson Pickett, and King Curtis (Clifford, pg. 181). Using the name Jimmy James, he toured with a bunch of R & B shows, including six months as a member of James Brown fs Famous Flames (Stambler, pg. 290). At the Cafe Wha! in New York, in 1966, Hendrix decided to try singing. Jimi lucked out when a man by the name of Charles  gChas h Chandler from Eric Burdon's Animals heard him at the club and thought he was sensational. When Chas heard him again later that year, he talked Jimi into moving to England where he would really get the chance to start his career (Stambler, pg. 290). Along with Chas, Hendr... Free Essays on Jimi Hendrix Free Essays on Jimi Hendrix Jimi Hendrix The life of Jimi Hendrix is one that many people know. It was a short, inspiring, and happy life. Although his lifestyle wasn’t virtuous, his music was. He inspired music groups, such as the Beetles (McDermott 7). John Allen Hendrix was born on November 27, 1942,in Seattle, Washington. His lifestyle at a young age wasn’t good. His mother Lucille, was still a teen and his father Al, was a serviceman and they did not live together during their relationship. Jimi didn’t see his father until the age of three when his father was discharged from the army in 1945. Jimi was placed in the care of a family in Berkley, California. When Al found what had happened he traveled to Berkley retrieve his son and brought him back to Seattle. When this happened a new life began. As Jimi grew up he developed a great love for music. He received his first guitar in the summer of 1958. It was a five-dollar second-hand acoustic guitar, and in 1959 Al bought Jimi an electric guitar. In 1961 he enlisted in the United States army and in ’62 earned the "Screaming Eagles" patch for the paratroop division. He was stationed at Fort Campbell. While there he met Billy Cox, and they formed The King Casuals. After being discharged from the army, he landed in New York City. There he met Fayne Pridgeon, a major fixture in the music industry(McDermott 8). Fayne introduced him into the major music industry. Fayne got him some gigs and helped spread his name. He was a back-up guitarists and played with many of the great musicians of that time. He played for The Isley Brothers, Little Richard, and B.B King. But this wasn’t enough for Jimi. He wanted more. He wanted to be the leader and not the follower. In effort to start a major music career he left for England and said this, "It’s me, Dad. I’m in England. I’ve met some people and they’re going to make me a big star. We changed my name to J-I-M-I." In London ... Free Essays on Jimi Hendrix Jimi Hendrix, the greatest guitarist in rock history, revolutionized the sound of rock. In 1967, the Jimi Hendrix Experience rocked the nation with their first album, Are You Experienced?. Hendrix's life was cut short by the tragedy of drugs in 1970, when he was only twenty seven years old. In these three years the sound of rock changed greatly, and Hendrix fs guitar playing was a major influence. Jimi was born in Seattle, Washington on November 27, 1942. As a young boy, whenever the chance came, Jimi would try to play along with his R & B records. However, music was not his life long dream. At first, the army was. In the late 1950 fs, Hendrix enlisted in the 101st Airborne Division. After sustaining a back injury during a jump, he received a medical discharge. After his army career came to an abrupt end, he decided to go into the music field. By this time he had become an accomplished guitarist, and was soon to become known as the greatest guitarist ever (Stambler, pg. 290). However, he did not start out at the top. Jimi started out playing as part of the back-up for small time R & B groups. It did not take long before his work was in demand with some of the best known artists in the field, such as B.B. King, Ike and Tina Turner, Solomon Burke, Jackie Wilson, Littler Richard, Wilson Pickett, and King Curtis (Clifford, pg. 181). Using the name Jimmy James, he toured with a bunch of R & B shows, including six months as a member of James Brown fs Famous Flames (Stambler, pg. 290). At the Cafe Wha! in New York, in 1966, Hendrix decided to try singing. Jimi lucked out when a man by the name of Charles  gChas h Chandler from Eric Burdon's Animals heard him at the club and thought he was sensational. When Chas heard him again later that year, he talked Jimi into moving to England where he would really get the chance to start his career (Stambler, pg. 290). Along with Chas, Hendr...

Monday, November 4, 2019

Personal Leadership Development Plan Assignment

Personal Leadership Development Plan - Assignment Example On the other hand, people have the have dreams, often have a firm vision that they follow with dedication and motivation. Successful leaders in the world of business, politics and other important dimensions are those that are motivated and driven by the beauty of their dreams (Jasper 12). It is important to realize that having dream is one thing and following it is another thing. In this case, the beauty of a dream is not in how good it sounds, but in the steps being taken towards its actualization (Field and Phil 29). In this case, it is always important that a person develop a path upon which he has to follow earnestly in achieving the dream. This calls for the development of assessment strategy and plan in order to use it in the process of achieving excellence in the identified dream, this paper examines the strategies I have developed in order develop a personal leadership plan that will enable me actualize my dream. 2.Background information Currently, I am still a junior taking my undergraduate studies where I am majoring in Pharmacy. My interests remain to excel and get an admission in Purdue University, where I hope to advance my studies and achieve my professional goals. During the summer holiday, I intend to use my time to offer my services, working at the CVS pharmacy until my time of graduation.

Saturday, November 2, 2019

Structure of an Organization of Bank of Canada Essay - 1

Structure of an Organization of Bank of Canada - Essay Example This paper illustrates that most of the organizations’ structure tends to be quite flexible and easy to manage for the day to day business. However, large organizations in majority of times become bureaucratic and tend not to be flexible enough in order to deal with the challenges of the contemporary day business. The most significant point to consider is that the structure of the organization needs to permit it to fulfill its objectives and also needs to ensure that the structure fits with the business environment in which it works. The range of organizational structures are the ‘entrepreneurial structures’, the ‘product-based structures’, the ‘function-based structures’, the ‘divisional structures’, the ‘matrix structures’, and the ‘holding company structures’. The bank is observed to present the financial services that are generally diversified in nature. The various business segments of the compa ny are wealth management, international banking, capital markets, Canadian banking and insurance. The chart presented below is the three-level organizational chart of Royal Bank of Canada. It can be stated that the board of RBC has an independent chairman. There are 16 directors who are associated with the organization independently and there are two executive directors. The term departmentalization can be understood as the process whereby the tasks are grouped into departments. Five basic methods of grouping the activities are followed; they are ‘departmentalization by-product, departmentalization by the process, departmentalization by customers, departmentalization by geographical regions and departmentalization by function’. In the organizational structure, it is the jobs that are the most significant factors. The primary managerial decision is job design in the organizing function. Those jobs are generally assigned to the individuals that consist of the objectives a s well as the specialized task of the organization. It is worth mentioning that the overall task of the organization cannot be assigned to a single person. For instance, the bank may consist of numerous individuals. However, it is not possible for the single individual to take the responsibility of the entire task. A few may take the responsibility of taking deposits while others may be assigned the task of the granting loans.

Thursday, October 31, 2019

Aviation Mechanic Ethical Issues Essay Example | Topics and Well Written Essays - 1500 words

Aviation Mechanic Ethical Issues - Essay Example This is unachievable if employees in the organization do not follow strict ethical standards (Hoppe, 2011). Mechanics in the aviation sector are charged with the responsibility of ensuring that aircrafts and any other important machines in the industry are in the best conditions. This can be attributed to the fact that accidents in the sector are very lethal in most instances because survival is limited when an aircraft crash lands. This implies that all mechanics should follow a good set of ethical standards because it plays a critical role in saving lives. It is worth noting that managers, as well subordinate staff in the industry should always strive to ensure that all their duties are performed diligently. Performance of duties should be based on someone’s willingness to deliver to his or her potential at any given time. It is the responsibility of the management to ensure that all workers are playing their role because this goes a long way in saving lives and increasing the performance of an organization. An organization that records a high number of accidents would definitely lose customers because of loss of faith in the organization (Oderman, 2004). On the other hand, organization with a high reputation of ensuring customer safety, would gain in the market because customers need the best services in the market. The increasing competition between organizations in the world means that an organization that aspires to have a competitive edge must strive to deliver to customers’ expectations. In addition, one ought to understand that the performance of each employee determines the overall performance of an organization because a rope is as a strong as its weakest link. Although some organizations might ignore the importance of ensuring that its mechanical sector is performing to its potential, it has to be noted that, this is the bottom line for an aviation organization’s success

Tuesday, October 29, 2019

Implications of Watching Foreign Movies Essay Example for Free

Implications of Watching Foreign Movies Essay ABSTRACT This study looked at the relationship between watching foreign film, dramas, or variety show habits and the students’ academic performances. To determine whether its exposure benefitted the students or not, a reliable research has to be conducted. Considering student’s differences factors and strategies while studying, the results might be differ from many aspects. The individual skills include how frequent they watch the movie, how long they spent their time and what types of entertainment that they favored the most. An argument about the uses of visual aids such movie shows and others can enhance the academic performances will be settled on after the results of this study had been processed. A pilot study was conducted first to check whether there was any problem regarding this issue. About 3 to 5 students were tested. Finally a survey was conducted at the boys’ and girls’ hostels in Kolej Profesional MARA Indera Mahkota where 40 students consist of 15 male students and 25 female students. This survey was conducted by distributing a set of questionnaires to all the respondents. In general, this study was a big success where majority of the students agreed that this method of learning can enhance their academic performances. Winding up, several suggestion, opinion and recommendations were recorded in the finishing part of the report. ACKNOWLEDGEMENTS I would like to express my special thanks to my advisor, Madam Jamilah Binti Abdul Manan, who provided me with detailed and insightful feedback for every draft, who spent an enormous amount of time reading and editing my investigation, and more importantly, who set an example for me to be a prudent presenter. I also want to thank her for her encouragement and assistance throughout the entire graduate program. I would also like to thank my family especially my auntie, Nooraini Binti Abdul Wahab for her assistance and suggestions in helping me to better understand the concept of visual study and etc. Also, I want to thank my parents for their great encouragement throughout the writing of this research. I want to offer a tremendous thank you to all my friends and anyone who has contributing  themselves in this study. I will remember your patience and assistance in helping me finish this program. I treasure your friendship and support. 1.0. Introduction 2.1. Background of the Study Watching movies and dramas has been a trend nowadays in students’ life especially in KPMIM. This habit does influence the student’s result in academic studies. By practicing this hobby, students manage to fill their free time. But the question is what the implications of this attitude are. Is it positive or negative impact towards the students themselves? A research has been done by Christine Canning Wilson from the Centre of Excellence for Research and Training, Higher Colleges of Technology, Abu Dhabi. In her research, it has been stated that audio-visual aids can enhance the language learning process. It said that note-taking studies are less successful nowadays. Instead of that, advanced visual organizers such as educational videos or any other related matters helped the learners  improve comprehension and aid in the retention of information. Students also like learning language through the use of videos. One of the result is learners prefer action/entertainment films in the classroom. In addition, this shows that visuals can be used to help enhance the meaning of the message to be conveyed by the speakers. By providing this kind of learning method, learners may be benefitted by seeing immediate meaning in terms of vocabulary recognition in the first language. Besides that, it is easier for them to clarify the message and clarify the gist of the stories. However, individuals process information in different ways. The strategies used by one learner are likely to differ from another. Thus, further investigation needs to be done in order to identify the real impact of watching movies/dramas and the relationship between these habits towards the students’ academic performances will be resolved after the research has been carried out. 2.2. Statement Of The Problem The problematic issue of this study is to identify the implications of watching foreign movies or films towards students. Besides that, the increase or any decrease in academic performance will be observed and to be concluded after this study has been completed. There is also an argument that questioning about either it is a kind of wasteful activity for KPMIM students. So a reliable research needs to be carried out regarding this issue. 2.3. Purpose Of The Study Since watching movies, dramas and variety shows have been a trend nowadays in students’ life especially in KPMIM; there may be some consequences for them particularly in academic performance. Apart from piling up their free time, a research needs to be done to investigate whether it is a beneficial or a wasteful activity for them. The purpose of the study portrayed in this research report was to assess the either lecturers and the students in teaching and learning process despite making them easier to understand and memorize all the input during language classes. Besides that, to make  learning process more interactive and enjoyable so that the students would think that education is not something that is too heavy and boring. 2.4. Objective Of The Study The objectives of this study are: 1. to find out whether it is beneficial activity during student’s leisure time or not 2. to investigate what is the relationship between this activity and students’ academic performance 3. to figure out what types of movies/dramas that have been the students’ favorites 4. To make suggestion that it could be one of the effective medium of learning or teaching. 2.5. Research Question The questionnaires will be given to some random students at Kolej Profesional MARA. 40 respondents will answer this questionnaire based on the research project. 15 of them were males and another 25 were the female students. The question will be focus on what are the impacts of the habit. * Is watching movies/ dramas a beneficial or waste type of hobby to students? * Does watching/movies really help the students in their academic studies? * What is the favorite categories/type of movies/dramas that most of the students like? * Should it be implemented as a medium for teaching and learning in education institutions? 2.6. Significance Of The Study This finding will help the lecturers and students to be aware of learning and teaching process can be easily done in a simple and effective way by using visual aids. Furthermore, students will be managed to fill their schedule with some beneficial activities instead of doing nothing. Apart from enhancing the students’ interest and enthusiasm in learning, students should be able to improve their vocabulary and other skills that are required in  language studies such listening skill and speaking skill. Authoritatively, this will help the college to introduce the concept of entertaining while studying so that students can have an enjoyable environment while in the class perhaps. Last but not least, to increase the academic performance in college by adapting a new way of study for the students. 2.7. Scope Of The Study The scope of this research is that the respondents are 40 people of KPMIM students. 15 people of male students and another 25 are the female students. The solution or any recommendations about this topic will be decided after the data has been collected. 2.0. Literature Review About few centuries ago language is hard to learn by mass of people. But a poet named Simonides has come out wit a great principle of learning which was ‘Words are the images of things’. His statement was almost similarly accurate as the famous great Aristotle perception, â€Å"Without image, thinking is impossible†. From here, we can clearly seen that both statement support the principle of visual aids towards one’s ascertain and edifying skills. Visual aids does enhance the language learning process. Video is one of the visual aids that usually used by a teacher, lecturer or a presenter to educate and instrcut pupils. Videos at best defined as the selection and sequence of messages in an audio-visual context. Research by Herron, Hanley and Cole (1995) indicates that the visual support in the form of descriptive pictures significantly improved comprehension scores with language videos for English speaking students. The results of the study indicate that extensive listening is facilitated by the richness of the context that visual organizers, such as educational videos, provide. Heron (1994) finds that advanced organizers based on videos helped learners improve comprehension and aid in the retention of information. A recent large-scale survey by Canning-Wilson (2000) suggests that the students like learning language through the use of videos. One of the results of her survey shows that learners prefer action/entertainment films to language films or  documentaries in the classroom. She states although these films may seem to hold student interest, she believes that it could be inferred that student comprehension of the video may be due to the visual clues instead of the auditory components. Heron, Hanley and Cole also hypothesize that the more meaningful an advanced organizer is the more impact it can have on comprehension and retention. Their results of using twelve different videos with foreign language learners indicates that scores improved when advanced organizers, such as a pictures and/or visual stimuli, are used with the video. Perhaps the findings from these studies can be attributed to the fact that video offers contextual support and/or helps learners to visualize words as well as meanings. Individuals process information in different ways. The strategies used by one learner are likely to differ from those used by a different learner. It has been proven that what benefits one group of learners may actually hinder the performance of a different group of learners (Bovy, 1981). Issues of the value of video as a teaching tool are often questioned. Omaggio (1979) suggests that the profession has virtually no empirical basis for promoting the use of visuals as aids to comprehension in the second language; we know practically nothing about how students benefit from visuals (1979, p.107). Recently, in a lecture on the use of visuals in research, Canning-Wilson (2000) claims that the use of illustrations, visuals, pictures, perceptions, mental images, figures, impressions, likenesses, cartoons, charts, graphs, colors, replicas, reproductions, or anything else used to help one see an immediate meaning in the language may benefit the learner by helping to clarify the message, provided the visual works in a positive way to enhance or supplement the language point. She reports that images contextualized in video or on its own can help to reinforce the language, provided the learner can see immediate meaning in terms of vocabulary recognition in the first language. Furthermore, her research suggests that visuals can be used to help enhance the meaning of the message trying to be conveyed by the speakers through the use of paralinguistic cues. Last but not least, additional factors must be considered when looking at video as an instructional medium to teach a foreign or second language. Balatova’s studies indicated that visual cues  found in videos were informative and enhanced comprehension in general, but did not necessarily stimulate the understanding of a text. It was also found that teaching with video had some affective advantages. If the results of their findings are true and the same results can be replicated, perhaps practitioners will no longer have to rely solely on anecdotal evidence. . 3.0. Research Methodology 4.8. Introduction This section discusses the methodology of the research. The main purpose of the research is to investigate the relationship between watching movies, dramas or variety shows and the academic performance among KPMIM students. Does it really affect the educational outcome or not? Besides that, to assess the students and lecturers in teaching or learning process apart from making them easier to absorb, distinguish and memorize the entire thing that they should. The data for the research were collected through questionnaires distribution. 4.9. Research Instruments This research utilized both the quantitative and qualitative research methodology. The instrument used to collect data was questionnaires. A set of questionnaires containing 13 questions divided into 2 parts. Different types of questions such as ranking, yes – no questions, listing and were used in the questionnaires. The questionnaires were piloted to five students to assess its validity before it was distributed. The qualitative data for the research come at open-ended questions. 4.10. Respondents of the Study The respondents of the study were several students at Kolej Profesional Mara Indera Mahkota, KPMIM. In March 2012, a total of 40 questionnaires were distributed to students randomly. 4.11. Research Procedure Before the actual data collection phase, a pilot study was conducted to assess the validity of the research instruments. A total of five students were involved in the pilot study chosen at randomly at Kolej professional Mara Indera Mahkota. During the actual study, the questionnaires were distributed at various locations on campus such as library, cafà ©, classes and dormitories. 4.12. Data Analysis To analyze the data, a several variables were taken into consideration namely the duration, effectiveness, oftenness of the students watching their favored movie, dramas or variety shows, and from which countries.besides that, major immpacts of this study were also been questioned. For examples, does it improve student’s vocab and lexis in writings, develop creative thinking, reasoning skill and crtical review and assist students to focus in class. The data were saved into the computer using Microsoft Excel software. Results were presented through frequency counts and other descriptive statistics. The data were transcribed accordingly. 4.0. Findings and Discussion This section will discuss the results of the research that had been done to determine whether it is an effective way as a method of learning and teaching towards KPMIM students. These findings received responses from 40 students which were 25 females and 15 males. FIGURE ANumber of Respondent (Students) Figure A shows the proportion of male and female students who were involved in this research. 15 of them were males and another 25 of them were the  females. The sum of them were 40 and the percentage that has been calculated as shown in the figure above. FIGURE BPercentage of students who watch movies/ dramas/ variety shows during free time. Figure B shows how many of students watch their favored shows during their leisure time. Majority of them watch movies and etc. during free time. 100 percent of male students did watch the movies while 92 percent of the female students who did the same thing. Only few of the female students did not watch the movies, dramas or variety shows. Maybe because of unnecessarily circumstances. Figure C Types of entertainment that mostly watched by the students The figure above shows the type of entertainments that mostly watched by KPMIM students. To sum up, majority of the respondents preffered variety shows as their most favored types of entertainment. It is because it has been a phenomenon nowadays. Not only in KPMIM but all over Malaysia educational institutes. Maybe because the show is really funny and make them laugh every time they watch it. Nevertheless, it educates while entertaining. That is the most important. Otherwise, the data for other type of entertainments that prefferably watch by the students are shown in the figure above. Films at the 2nd rank followed by animation series as the 3rd and dramas was the least. Figure DForeign Entertainments that most Influential Based on the figure above, the well-influenced foreign entertainment among male students in KPMIM is the Bollywood followed by English, Korean and Japanese as the least. The reason why they chose Bollywood as their favoured foreign entertainment, it is because the eye-catching lyrics from pleasant songs and it teaches a lot of moral and values. For the female respondents, majority of them pick English as their favored entertainment followed by Korean, Bollywood and Japanese. FIGURE EFrequencies of Sudents watch their Favored Shows As shown in the figure above, the female students often watch their favored shows for only 3 times a week whereas the male students watch their preffered entertainments 7 times a week which is everyday. FIGURE FTime outlay for each sessions From the figure above, it is shown that majority of the male students spend their time about 4 to 5 hours for each session. For the female students, they only spent about 3 to 4 hours for their leisure movie times. This shows the females were good in managing their times compared tom the males. Notwithstanding, as long as the shows that they watched bring some benefits to them, it is alright. FIGURE GHelp them in improving the Vocabs and Lexis in Wrtings Greater part of the respondents agree with the hypothesis, ‘by watching movies, dramas or variety shows, they can improve their vocabularies and lexis in their writings’. When they watched foreign shows or movies, they learned by reading the subtitles and find the meaning of words that they do not understand. By doing that, although it looks like a slow way of improving their vocabs, it really helps them in their examination. Especially in writing and speaking skills. FIGURE HDevelop Creative thinking, Reasoning skills and Critical Review For this section, 98 percent of the respondents agreed with the hypothesis by practising this habbit, they can develop their creative thinking, reasoning skills and critical review. Only 2 percent of them did not agree with the statement. The figure indicates that, majority of them could develop some of the useful skills especially in language classes. This means that watching movies, dramas and variety shows is not wasteful activity during leisure time. FIGURE IAssists to Focus and Improve Academic Performance Based on the figure above, 88 percent of the students do agree with the hypothesis of by applying this type of inclination, they tend to focus during classes. Only minority of them, 15 percent did not agree. Besides that, for sure, it will also aiding their academic performance. From this situation, we can conclude that this kind of practice lead to success for the students whom put run through it. Open ended question:- â€Å"Visual Aids (Movies/dramas/etc.) should be one of the effective mediums of learning or teaching because it brings a ton of advantages rather than disfavors†.  Give your opinion/ comments regarding this issue. Please state the reasons why did you support or oppose this statement. Based on all the anwers, most of them are all the positive comments. This shown that, Visual Aids such Movies, dramas, and etc. are really should be implemented as one of the effective mediums of learning and teaching in any KPMIM since it bequeath loads of benefit rather than disfavors. 5.0. Conclusion This research investigated the relationship between the methods of using visual aids as learning process and the academic performance towards KPMIM students. Primary data were collected by randomly with distributing a set of questionnaires to 40 students. As has been mentioned earlier in the introduction, the purpose of this study was to investigate the effectiveness of using visual aids in teaching and learning towards the academic performance of students The following conlusions can be drawn based on the findings of the study: 1. This study shows that watching movies/ dramas/ variety shows, students managed to perform well in their academic performance. 2. By practicing this habit, educatees can improve their vocabularies and lexis in writings instead of developing their creative thinking, critical reviews and reasoning skills. 3. Last of all, this method of learning and teaching is ought to be implemented in every educational institutions. The results of this study indicate that teaching and learning by using visual aids as a method compulsarily implemented in KPMIM especially in English subject. This is because after a thorough study has been investigated, it bring a a lot more benefits rather than detriment to students or even lecturers. However, this findings are only true for KPMIM students. The same study needs to be done with students from other educational institutes to see if there are any similarities with the impact of watching foreign movies, dramas and variety shows habit towards the academic performances. 6.0RECOMMENDATIONS 6.1Recommendations based on Findings Based on the findings and conclusions of the study, here are several recommendations to be considered: 1. Visual Aids such (Movie Reviews / Documentaries /etc.) should be one of the effective mediums of learning because it brings a ton of advantages rather than disfavors. 2. Educators are also counseled to use this method of teaching as it makes edifying process more simpler, cooler, interactive and valuable. 6.2Recommendations for Future Research Since this study only focussed on KPMIM students, it is highly recommended that further reseach be carried out for other students from another colleges or universities to explore whether there might some differences in the study or similarities in the findings. Besides that, the implementation of this method of learning and teaching could be the worldwide most effective way in teaching English because it is essential for all walks of life. Lastly, M.O.E or any other parties could impart some expenses and provide new high-tech facilities to all education institution. BIBLIOGRAPHY * Richard Cameron Dolati Roman. (2010). Harnessing the Use of Visual Learning Aids in the English Language Classroom. Retrieved December 15th, 2010 from the Arab World English Journal. * Koren, S. (1996). Vocabulary instruction through hypertext: Are there advantages over conventional methods of teaching?.TESL-EJ, 4(1), 1- 14. * Mayer, R. Simes, V. (1994). For whom is a picture worth a thousand words? Extensions of a dual–coding theory of multimedia learning. Journal of Educational Technology, 86, 389-401. * The Internet TESL Journal, Vol. VI, No. 11, November 2000 http://iteslj.org/