Saturday, August 31, 2019

Odyssey and Brother Essay

Specifically, three parallels surface in the discussion of the similarities between Homeris classic epic and iO Brother Where Art Thou? The Cyclops encounter for instance, is transcendent between both works. Furthermore, each story contains a comparable perspective of the Lotus Eaters. Finally, the strongest parallel between the iOdysseyi and iO Brother, Where Art Thou? i is the mystical call of the Sirens and the powers of the witch goddess Circe. The Cyclops encounter is transcendent between both works. The Cyclops, in the iOdysseyi and iO Brother, Where Art Thou? i has obvious physical traits that connect the two pieces of work. The Cyclops in each story is a large man, who only has one eye. One website describe the Cyclopes race as, ia rough and uncivilized race of one-eyed giants. i(Spark notes p1) Odysseus describe the giant as, i A prodigious man who slept in his cave alone, and took his flocks to graze afield—remote from all companions, knowing none but savage ways, a brute so huge. i(Wilkie p378) The encounter of the Cyclops shows a great similarity in both of these stories. Odysseus, the main character of the iOdysseyi and Ulysses, the main character of iO Brother, Where Art Thou? i are taken from of state of tranquility and savagely attacked. As described by Odysseus, iSo there all day, until the sun went down, we made our feast on meat galore, and wine. i(p 377) This quote describes Odysseus and his men relaxing and enjoying a feast. Quite similar in iO Brother Where Art Thou,i Ulysses was enjoying a picnic when the savage Cyclops attacked him. When Ulysses and Odysseus were about to enjoy a peaceful day they are overtaken by the Cyclops either imprisoned or robbed. Both Ulysses and Odysseus mentality of a warrior allows them to fight back and eventually defeat the Cyclops. In each story an attempt to blind the creature offers a distraction for each character to escape from the Cyclops. Secondly, each story contains a similar perspective of the Lotus Easters. When you eat the intoxicating fruit of the lotus, as described in the Odyssey, the thought of home, purpose of voyage, and memories of the past are no longer important. Odysseus and his men arrive at the land of the Lotus-Eaters and become addicted and drawn to the fruit. They are so leered to the fruit, that it becomes a mindless obsession. iO Brother, Where Art Thou? becomes parallel to the story of the Lotus-Eaters when Ulysses and his men are baptized. Websteris dictionary defines baptism as, ithe Christian sacrament of sin and spiritual rebirth as a Christian. i Both the iOdysseyi and iO Brother Where Art Thou? i describe a rebirth and new thinking. The things of the past are no longer important. Rebirth of the soul and becoming filled with the spirit are identical to the intoxication of the f ruit. Therefore, the producers of iO Brother, Where Art Thou? i are describing baptisms as a new beginning and new thought, then comparing it to the lotus eaters of the iOdyssey. i Finally, the strongest parallel between the iOdysseyi and iO Brother, Where Art Thou? i is the mystical call of the Sirens and the powers of the witch-goddess Circe. This parallel is the strongest element of comparison because it is very similar how each story describes the Sirens. Odysseus is told in the iOdyssey,i iSquare in your shipis path are the Sirens, crying beauty to bewitch men coasting by. i (p 421) Both Ulysses and Odysseus use wax to avoid the Sirens. Ulysses hair smelling of wax, (hair wax) and Odysseus instructing his men to put wax in their ears is enough to avoid the Sirens seductive song in each story. Avoiding the Sirens allows both Ulysses and Odysseus to continue on their purpose of journey, to get home. Another striking similarity is the witch goddess of Circe. In the iOdyssey,i Circe turns one of Odysseus men into a pig. Parallel to the Homeric epic, one of Ulysses men was supposedly turned into a frog. These two strong parallels sum up an obvious influence of Homeric work in iO Brother, Where Art Thou? i The movie iO Brother Where Art Thou? i is strikingly similar to Homeris iOdyssey,i in both plot and character description. Specifically, three parallels surface in the discussion of the similarities between the iOdysseyi and iO Brother, Where Art Thou? i The Cyclops encounter for instance, is transcendent between both works. Furthermore, each story contains a similar perspective of the Lotus Eaters. Finally, the strongest parallel between the iOdysseyi and iO Brother, Where Art Thou? i is the mystical call of the Sirens and the powers of the witch-goddess Circe. Thus, we find the modern film depiction of the trouble of a man during the depression is being shaped by the ancient struggles of Odysseus in Homeris iOdyssey. i

Friday, August 30, 2019

Bookbinders Book Club Essay

About 50,000 new titles, including new editions, are published in the United States each year, giving rise to a $20+ billion book publishing industry. About 10 percent of the books are sold through mail order. Book retailing in the 1970s was characterized by the growth of chain bookstore operations in concert with the development of shopping malls. Traffic in bookstores in the 1980s was enhanced by the spread of discounting. In the 1990s, the superstore concept of book retailing was responsible for the double-digit growth of the book industry. Generally situated near large shopping centers, superstores maintain large inventories of anywhere from 30,000 to 80,000 titles. Superstores are putting intense competitive pressure on book clubs, mail-order firms and retail outlets. Recently, online superstores, such as www. amazon. com, have emerged, carrying 1–2. 5 million titles and further intensifying the pressure on book clubs and mail-order firms. In response to these pressures, book clubs are starting to look at alternative business models that will make them more responsive to their customers’ preferences. Historically, book clubs offered their readers continuity and negative option programs that were based on an extended contractual relationship between the club and its subscribers. In a continuity program, popular in such genres as children’s books, a reader signs up for an offer of several books for a few dollars each (plus shipping and handling on each book) and agrees to receive Copyright  © 2008 by DecisionPro, Inc. To order copies or request permission to reproduce materials, go to www. decisionpro. biz. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means – electronic, mechanical, photocopying, recording or otherwise – without the permission of DecisionPro, Inc. a shipment of one or two books each month thereafter. In a negative option program, subscribers get to choose which and how many additional books they will receive, but the default option is that the club’s selection will be delivered to them each month. The club informs them of the monthly selection and they must mark â€Å"no† on their order forms if they do not want to receive it. Some firms are now beginning to offer books on a positive-option basis, but only to selected segments of their customer lists that they deem receptive to specific offers. Book clubs are also beginning to use database marketing techniques to work smarter rather than expand the coverage of their mailings. According to Doubleday president Marcus Willhelm, â€Å"The database is the key to what we are doing†¦. We have to understand what our customers want and be more flexible. I doubt book clubs can survive if they offer the same 16 offers, the same fulfillment to everybody. 2 Doubleday uses modeling techniques to look at more than 80 variables, including geography and the types of books customers purchase, and selects three to five variables that are the most influential predictors. The Bookbinders Book Club The BBB Club was established in 1986 for the purpose of selling specialty books through direct marketing. BBBC is strictly a distributor and does not publish any of the books it sells. In anticipation of using database marketing, BBBC made a strategic decision right from the start to build and maintain a detailed database about its members containing all the relevant information about them. Readers fill out an insert and return it to BBBC which then enters the data into the database. The company currently has a database of 500,000 readers and sends out a mailing about once a month. BBBC is exploring whether to use predictive modeling approaches to improve the efficacy of its direct mail program. For a recent mailing, the company selected 20,000 customers in Pennsylvania, New York and Ohio from its database and included with their regular mailing a specially produced brochure for the book The Art History of Florence. This resulted in a 9. 03 percent response rate (1806 orders) for the purchase of the book. BBBC then developed a database to calibrate a response model to identify the factors that influenced these purchases. For this case analysis, we will use a subset of the database available to BBBC. It consists of data for 400 customers who purchased the book, and 1,200 customers who did not, thereby over-representing the response group. The dependent variable for the analysis is Choice — purchase or no purchase of The Art History of Florence. BBBC also selected several independent variables that it thought might explain the observed choice behavior. Below is a description of the variables used for the analysis: Choice: Whether the customer purchased the The Art History of Florence. 1 corresponds to a purchase and 0 corresponds to a nonpurchase. Gender: 0 = Female and 1 = Male. Amount purchased: Total money spent on BBBC books. Frequency: Total number of purchases in the chosen period (used as a proxy for frequency. ) Last purchase (recency of purchase): Months since last purchase. First purchase: Months since first purchase.

Thursday, August 29, 2019

Self-Evaluation Learning and Action Plan Essay Example | Topics and Well Written Essays - 1250 words

Self-Evaluation Learning and Action Plan - Essay Example According to my last assessment action plan, I reside in Australia where I am an undergraduate student. I always dreamt of being a successful entrepreneur and helping the poor and needy by contributing towards their betterment. However, becoming successful in Australia for a novice like me was difficult, so after much research I found Indonesia to be the most suitable market for developing my business. With this aim in mind I had set a timeline of 10 years and developed an action plan for myself. I also chose the business of manufacturing and selling water bottles after conducting a research with an experienced businessman in Indonesia. My action plan starts from my market research in the market of Indonesia. Studying the market in Indonesia requires 6 months. In this time period I will be analyzing the external business environment of the country. The next step in the action plan that would be studied is the bottle industry of Indonesia. This would also take a time period of six mon ths. It would help in assessing the bottle makers in Indonesia and also help me to understand their strategies. Then a consumer analysis would be done, which would take another 2 months. This is to understand the preferences of the buyers. So almost a year is necessary for market research, which would include the above functions (Schreuder, 2006, p. 301). After a year of analysis, a plan has to be developed regarding the infrastructure for development of manufacturing plant, land or property requirement for the manufacturing plant. Another 22 months were assigned for this task, which is another 2 years. The recruitment process for the manufacturing plant and the office would take another 6 months. After recruitment of relevant staff, the business can be started. The basic functions of business can be conducted, such as manufacturing, marketing, selling and other related functions. After I establish the business and settle all the functions smoothly, opportunities for diversification can be searched. If suitable options are found, then further expansion or diversification would be conducted utilizing the available resources in the next 2–3 years. This is my action plans for future, which I developed in assessment 1. This is what I have set to achieve, but I haven’t achieved it yet because I am still an undergraduate student, as mentioned above. This does not mean that nothing has been achieved towards my way to success. The studies which I am doing in Australia would definitely be the initial step towards my climb to become a successful businessman in Indonesia. From the action plan developed by me in the last assessment, I realized certain significant facts that would help me to lead my way towards my developed action plan. It is easy to create frameworks and plans, but in order to develop and follow long-term visions, one has to realize what they want to be, who they want to be and how they want to be. The interval between now and the time of im plementing the action plan is the best time for developing entrepreneurial skills in me. The road for development of a successful business starts with gaining good knowledge about the industry, developing certain basic skills such as managerial qualities – leadership qualities which can be cultivated by taking part in events in the institute. Further, if I also go for completing my masters, then it would be an added advantage for me. Not only will I be able to understand the

Wednesday, August 28, 2019

Sociology of Developing Countries Essay Example | Topics and Well Written Essays - 2250 words

Sociology of Developing Countries - Essay Example There was an economy relative to the region, where class structure and a system of racial difference which caused the South to become unique to the rest of the nation. Historians such as James Henrietta have said that Sociology was the cause of all evil within the Developing countries South. Developing countries Sociology defined by Max Weber is "a greed forgone", and "acquisition by force, whether directly in war or in the form [of] exploitation of subjects" (Weber, The Viewpoint of Sociology of World Religions). Republicans helped Developing countries Sociology prospering by introducing tariff barriers, making it that all goods coming from abroad had to taxed heavily before entering the country, meaning that prices in the USA for those products raised so the foreign companies could still make a profit. When presented with two items of similar quality, one with ultra-inflated prices from England, and one with a cheap price from Developing countries, it's likely that a normal person would choose the cheap Developing countries home brand product. By doing this Republicans helped the idea of Developing countries Sociology to prosper. As well as being the place to make a fortune, Developing countries also signaled freedom from persecution, in whatever form in came in. People facing religious or political persecution or just plain poverty came to Developing countries to alleviate themselves from negative aspects of life. This was an important part of the Developing countries dream as it made many immigrants cross the seas to seek this liberty. On the surface Developing countries Sociology seemed to be helping the country no-end. There were several visible indications of the prosperity. Mass production meant that technological advances such as washing machines and hovers became available to many families. The inflating wages helped to fund the new streak of consumerism that swept the country, Developing countriess wages were far higher than any comparitable jobs over the world. New motor cars were popping up all over the place, thanks to Henry Ford, a figure often used to symbolize the Developing countries dream as he was so successful, and even today is a household name. A newly founded advertising industry worked its tricky magic amongst the susceptible citizens, making goods seem all the more glamorous. Easy credit helped in the purchase of the goods once a person was dedicated to enriching their life with it. For those who lived far from shops and arcades came mail order catalogues and traveling salesmen, meaning people all over Developing countries could enjoy the wonders of consumerism. Prosperity could also been seen in the low unemployment rates, helped considerably by the roaring construction industry, turning cities around Developing countries in bristling concrete porcupines. Over all this opulence was the booming stock market on Wall Street, rising to an all time high, representing all that was Developing countries Sociology, rapidly increasing from strength to strength, unfortunately building on the unsteady foundation of a dream. In 1928 the number of people living beneath the poverty line - those who do not earn enough to buy basic food, clothing and shelter- increased to an estimated 42% of Developing countr

Tuesday, August 27, 2019

Alabama Department of Corrections Research Paper

Alabama Department of Corrections - Research Paper Example Introduction Alabama Department of Corrections is the agency responsible for the confinement of convicted inmates in the state of Alabama (Donal, 9). Throughout the history of the agency, it operated a farming system where the prisoners were deployed to the farms as laborers. This effectively ended in 1870, from when the prisoners were rendered idle. The agency seeks to confine, manage and rehabilitate the inmates, while providing them a suitable environment and eventually re-introducing them into the society (Donal, 11). Planning in this agency is made through the publication of monthly plans and statistical reports. Through planning, the department of planning and research produces an annual fiscal report, develops monthly management reports and prepares and analyses models for projections of the agency operations (Donal, 22). The agency evaluates the states and the national correctional standards and aligns their standards to these requirements. The agency has a research and plann ing division that oversees the planning functions of the agency. The accounting division is responsible for making the projections of the agency’s annual operational budget. These two divisions are the ones responsible for all the planning, publication and release of the reports prepared by the agency. All the reports have to be analyzed and approved by the higher departmental authority before they are released (Donal, 17). Discussion Problem solving and decision making in the agency follows a well pre-determined procedure. At the helm of decision making is the commissioner of the agency, who is responsible for most of the decisions affecting the agency, including the appointments to key positions of the agency (Donal, 34). It is the authority of the commissioner to determine the qualifications of the deputy commissioners, associate commissioners and other employees of the agency. Subject to the laws issued by the state and the federal government, the commissioner then appoin ts some individuals to fill in these positions. The commissioner is also bestowed with the decision making regarding the appropriate divisions that the agency should have (Donal, 45). Decisions regarding the operations of the divisions are made by the respective divisional directors. While the accounting division’s director determines the budget for the annual operations of the agency, the research and planning division determines the reports that should be published. However, all the decisions made by the divisions and their directors are subject to the approval of the higher office of the commissioner (Donal, 38). The agency follows well laid bureaucratic models of human relationships, where by one individual is answerable to the other depending on the position they hold in the agency. For example, an associate commissioner of the agency will serve in the positions as required by the commissioner of the agency (Donal, 50). Another example of such bureaucratic relationships is that of the deputy commissioners and the commissioner. The commissioner determines what role the deputy commissioners are to undertake in the agency. He also determines the roles that the employees of the agency should play (Donal, 52). Yet another demonstration of the bureaucratic nature of the relationships in the agency is the procedures that reports should follow before they are r

Monday, August 26, 2019

Succesion Planning Essay Example | Topics and Well Written Essays - 500 words

Succesion Planning - Essay Example Instead, companies should take time in studying the competencies and personality characteristics of individual employees. This will help in clarifying the roles of each job level. However, such studies are costly and time consuming to most organization; hence they are done in a hurry and incorrectly. The second disadvantage is the cloning syndrome, where managers in the organization tend to pick people like them. The replica of the incumbent is a great mistake as an organization seeks a new direction. Thirdly, the focus is narrowed in succession planning. Succession planning limits leaders in an organization to focus internally on prospective employees who can join the managerial team. Candidates outside the company with great potential are not considered. In most companies, the candidates chosen are those direct to top leaders. They are viewed as having the required potential. This boosts career development for the internal employees but does not fulfill the company’s best in terests. In most circumstances, when filling a managerial post, an external candidate would be the best to bring along new skills to the team. Fourthly, it can have negative effects on motivation. Succession planning if not handle carefully can be disastrous to the organization. Other employees may conclude those selected are favored. The outcome will be lack of motivation among the rest of the workforce. Fifth, it may result in family rivalries. In small organization run by family members, it can be tough when making succession plans. In most cases, if an individual child is favored by the parents, the rest will oppose and this results in disastrous effect. This is because it can bring down the organization. Sixth, succession planning can cause organizational structure changes. Succession planning sometimes happens before the organization gains its stability. Leaders will be forced to alter and develop organizations to be able to tackle current business challenges. In

Sunday, August 25, 2019

In what ways did 20th century conflicts, however broadly defined, Essay - 1

In what ways did 20th century conflicts, however broadly defined, change the nature of Western introspection - Essay Example Many writers, philosophers and thinkers in general were disillusioned and this was reflected in their art and writings. In this paper, I would be discussing how conflicts in the 20th century affected Western introspection with the main idea being conflicts made people focused more on the darker side of the human soul particularly in the inherent desire for violence. As a result of this investigation, there was a profound desire to expose it and make people realize that these events occurred but should never be repeated. An increasing sense of national awareness and nationalism led to many events that eventually culminated into two world wars having the intensity and scale never seen before and claimed millions of lives. The Germans, proud of their race and superior technology and eager to replace the United Kingdom as the dominant global power, precipitated the two world wars. France, Britain, United States, Italy, Russia and other nations were to become involved in the wars that would eventually change the notion of violence and inhumanity. (p. 61) The intensity of the fighting and the efficiency of armaments exposed many people to scenarios replete with violence and inhuman tendencies. ... Auschwitz and many other concentration camps provided many macabre scenes of death. Jews and other non-Aryan races were made to undergo experiments, forced to do labor and eventually exterminated by different methods in the hope of determining which is the most efficient (p. 63). The darker side of humanity made its presence fully known. Nevertheless, the prisoners of concentrations were not the only one severely traumatized. Soldiers and civilians alike saw their comrades and loved ones lose their life and limbs by efficient bombs, bullets and knives all directed to them by living and breathing humans also. Randall Jarrell painted a picture of how dehumanizing the war was with the death of a gunner by flak and the washing of his remains out of the turret like nothing happened (p. 62). Through the writings of survivors, we come to know of a world where violence prevailed and where humans plunged themselves into the darkness of their soul. What the world wars were able to do was to destroy any preconceived and romanticized notion of prosperity, justice, humanity and equality. Nevertheless, it became a catalyst for individuals like Jean Paul Sartre (p. 71-73) and Erich Maria Remarque (53) to take a more proactive role in exposing the evil capacities of human beings and to make them remember the atrocities of war. The crucial experience of war and captivity enabled Sartre, Remarque and other writers of this period to build a positive moral system and express it thru literature. The stage in human history where the two wars occurred changed Western thoughts about armed conflicts and made them appreciate on diplomacy. Many nations became more conscious of the need for peace and strived to achieve some semblance of it. More importantly, it made thinkers ponder

Mark Pinsky religious comparing to the movie Finding Nemo Essay

Mark Pinsky religious comparing to the movie Finding Nemo - Essay Example n of the world of Walt Disney in order to assess the ways in which the philosophies have formed a value system and informed culture, through children, on how to values into human experience. However, in the postmodern world some of the concepts that originated the Disney belief system have been challenged as prejudices and stereotypes are being broken and a new system of acceptance through intellectual assessment of the gray areas has begun to emerge. Through an examination of the film Finding Nemo, the theories that Pinsky has presented can be assessed and understood, while addressed through the postmodern cultural constructs that are challenging the good and evil paradigm. The history of Walt Disney is constructed from myth, the propagation of which is intended to extend the brand in order to build the business end of his career. Despite the incredible talent with which Disney created his world, he also had the business sense to understand that through image, his world could become an empire. Therefore, it is the myth of the man that is as important as the fantasies of the stories. The myths even extend to a ‘resurrection’ myth as there is a belief that he has been cryogenically preserved for the day when he will be revived by future advances in science. An analytical take on the nature of religion can be seen through a dual purpose structure in which belief and power are achieved by spreading philosophy in order to perpetuate the status of a leader. Power has come from the economic success of the company, the branding successful to the point of the construction of a socially mythic set of icons that promote consumption. Belief, through the Disney experience can be appreciated through two different sets of concepts. The first can be observed in the belief that is seen through the eyes of small children as they watch the magic of Disney animation, their trust in the sweetness, villainies, and triumphs of the characters building a sympathetic resonance that

Saturday, August 24, 2019

Case analysis Montego Bay Essay Example | Topics and Well Written Essays - 750 words

Case analysis Montego Bay - Essay Example In order to protect her store and keep her employees motivated, she agrees with Theresa Daley, operations director for Montego Bay, to test a new computerized scheduling system, which is expected to reduce payroll costs and improve productivity. Mahoney learns that the new system has several benefits; however, she is also weary that this system will disrupt the collegial and productive work environment she had created in the store. A careful examination of the business’ status shows that Mahoney, as a manager, has failed to create and maintain a working environment that motivates her employees. Motivation amongst employees improves the quality and productivity of work, since employees are triggered to work towards achieving a common goal. This paper describes how Mahoney can create a working environment that will motivate her employees by examining some theoretical perspectives on motivating employees. The Maslow’s hierarchy of needs is one of the theories that managers apply to create a working environment that motivates workers. This theory describes how people fulfill a range of personal needs in the context of their work. Maslow postulated that there is a common pattern of needs identification and satisfaction, which many people follow in the same sequence (Kaufman, 2004). According to this theory, a person has to satisfy the low-level needs (physiological and safety) before he or she pursues upper-level needs (social, esteem and self-actualization). Most employees usually have problems articulating what they want from a job. Mangers should, therefore, offer different incentives to workers so as to help them identify and satisfy each need in turn, and progress up the hierarchy. Mahoney, as the store manager, should recognize that her employees have different needs, and not all are motivated in the same way, and all do not move up the hierarchy at the same pace (Kaufman, 2004). Her duty is to adapt and change her style to fit the employees†™ needs, other than forcing them into something they are not. In addition, she has to test different techniques with every employee in order to determine which ones are considered effective, and which ones are not. The employees should be encouraged to follow their own self interests, which motivate them to pursue higher level needs and improve the quality of work. The workers should be motivated to higher levels of individual commitment and personal expectations. As an employee progresses though an organization, his employer should supply opportunities to satisfy high level needs on Maslow’s pyramid (Montana & Charnov, 2008). Another important theory of worker’s motivation is Herzberg’s motivator –Hygiene theory. Herzberg suggested hygiene factors, which do not create or motivate satisfaction and â€Å"motivators†. These include interpersonal relations, salary, supervision, working condition, and company policy (Montana & Charnov, 2008). Accordi ng to this theory, absence of dissatisfies can create job dissatisfaction, but their presence does not create or motivate satisfaction. Herzberg, therefore, established from a data that motivators are elements that enrich a person’s job. He came up with five motivators, which were strong determiners of job satisfaction: responsibility, achievement, advancement, recognition and the work itself. The hygiene factors constantly produce only short-term changes in job performance and attitude,

Friday, August 23, 2019

Career Development Plan Part 4 Essay Example | Topics and Well Written Essays - 1000 words

Career Development Plan Part 4 - Essay Example This paper analyses the new compensation plan at InterClean Corporation. A well structure compensation plan reduces employee turnover and increases corporate profits since it provides adequate incentive for an employee to increase their productivity. The old InterClean had a sales staff that got awarded a sales commission for the sales an employee obtained. This system force the employee to think about individual results, since the salesperson pay would increment based on his/hers achievements. Since the company offered simple product this was a viable strategy. This no longer applies to the new business model the company is implementing. Teamwork is now more important than ever and long term satisfaction of the customer is a strategic focus that must be pursed in order to achieve customer retention. In the solution based business follow up contracts with the clients generated a lot of income for the enterprise. There are two types of rewards systems that cam be used by a company. These two types of rewards are intrinsic rewards and extrinsic rewards. Intrinsic rewards are positively valued work outcomes that the individual receives as a result of work outcomes, while extrinsic rewards are positively valued work outcomes that are given to an individual or group by some other person or source in the setting (Schermerhorn & Hunt & Osborn, 2003). The total compensation plan the company will offer has to satisfy the needs of both the employee and the firm. The firm does not want to establish a plan that does not encourage professional development and teamwork. The new compensation plan the company will offer to its salespeople will be profit sharing plan with a group merit pay element as well as other individual incentives. In a profit sharing plan a company contributes a portion of its pre-tax profits to a pool that will be distributed among the eligible employees (Hr-guide, 2008). The profit sharing at InterClean will be calculated

Thursday, August 22, 2019

Cat in the Rain Essay Example for Free

Cat in the Rain Essay Cat in the Rain is a short story about an American couple on vacation to Italy. They are in their first year of marriage. The husband has a dismissive attitude towards the wife and the wife always wants more. In the story the couple has a lot of selfishness going on in their relationship. The husband ignores his wife’s needs and the wife and the wife is not satisfied with her husband. The theme of this story has a lot to do with loneliness in the couples’ relationship. In this story the American couple is trapped in their hotel room with nothing to do because of the raining weather. The husband wants to read and ignore his wife. So the wife is looking out the window and sees a cat crouched from the rain. She wants to go downstairs and get the cat. She tells her husband about it and he shrugs it off. The wife goes down herself and the story talks a lot about how she likes the inn keeper. I find that this part of the story most affected me when the husband ignored his wife’s wants and needs. She really wanted that cat because it was something for her to do and feel good about. Her husband obviously doesn’t satisfy her which makes her feel lonely and the cat would keep her company. The wife in this story wants to feel appreciated and loved like any other woman would. Being married for their first year is beginning to be hard for them. Hemingway tries to tell about a first marriage of a couple he once knew and how hard it is for some to always keep that happiness. Couples always have disagreements but should never feel alone. A husband should not ignore his wife’s needs and in this story that is what he does instead of trying to satisfy his wife. Close to the ending of this story the wife was not able to find the cat. She came back in the hotel room very sad. She tries to tell her husband but he does not listen. She starts complaining about what she wants to change about herself. She wants â€Å"her hair to be long so she can brush it† and she wants a cat. The husband can only say that he likes things the way they are. He tells her to shut up. He does not care what the wife’s needs are or what she wants. He does not want to listen and he just wants to read which is what he wishes she would do. This part of the story really interested me because I could not get as to why the husband doesn’t respond to what she asks for. The wife desperately wants attention and he is not giving it to her. The story of the American couple explains a lot about how the wife tries to get attention from the husband. Hemingway talks about a cat but behind that cat this story means more. The lack of attention her husband gives her may make her feel that she is restricted on expressing herself and keeps most of her feelings inside. The cat stays compact to stay dry outside, which is how the wife feels she has to be with her husband to make him happy. She hides herself constantly from him. In this story it relates to her as American wife and never tells her name. This kind of says that she is nothing but an American wife which is exactly how she feels. Hemingway had a unique way of telling the story but the way he told it had a lot of meaning to it. He showed the couples loneliness in a different way.

Wednesday, August 21, 2019

Professional Development At Premier Inn Management Essay

Professional Development At Premier Inn Management Essay Award-winning Premier Inn is a subsidiary of Whitbread PLC and is considered as the UKs largest and fastest-growing hotel brand with 578 budget hotels and more than 40,000 rooms across the UK and Ireland at reasonable prices. In 2008 Premier Inn launched in Dubai and will be opening in India later this year. On a domestic front, Premier Inn is set to be the largest provider of budget hotels in London by the 2012 Olympics. As Premier Inn consists of huge number of employees, it has to manage all of them in better way since success of the company significantly depends on their people management efficiency along with their career success. As a proud team member of UKs largest and fastest-growing hotel brand, I would like to explain my career /professional development plan in detail by this report. 1.2 Premier Inn philosophy A cornerstone of the Premier Inn philosophy is all about widening employee career paths or access new roles; further, all open positions are advertised internally prior to searching for outside candidates and we will always look to promote members of the team where possible the development of employees is the key aspect, though we are all motivated by different aspirations. Moreover, Company share the same commitment to quality of work carried out by the employees as it has been recognized the fact that rewarding employees is a crucial factor in terms of motivating employees. 1.1.1. Premier Inn Values Genuine We really care about our customers Confident We strive to be the best at what we do Committed We work hard for each other 4 PROFESSIONAL DEVELOPMENT Premier Inn Core Values 1.3 What is Personal Development Plan Personal Development Planning refers to the creation of an action plan based on a reflection of personal, career, and academic objectives. In addition to a PDP, these reflections are typically a portfolio containing evidence of the skills gathered over a particular timeframe. It is presumed in education that undertaking POP will assist in creating self-directed independent learners who are more likely to progress to higher levels of academic attainment. It is also used in Human resource management. Continuing Professional Development is just a method of ensuring that you attain the right abilities to do your job and maintain/enhance your skill. It embraces everything that you perform to get better your job performance and your lifelong employability. Many Professional organizations and Societies have a obligation for their members to stay a record of their professional updating and growth. It can also assist those who are, or will be undertaking nationwide Vocational Qualifications (NVQs) in the UK. This is also high-quality practice for an association striving towards creature World Class, a Learning Organization. Most of these professional societies have a obligation that you demonstrate personal development and learning representing 3-5 days (25-35 hours) per year. Increasingly, your professional culture is asking to see evidence of continuous growth in order to maintain your registration/ expert status. If your professional corpse does not yet have an obligatory requirement for this the length of with a monitoring/ auditing system they soon will Have. 5 PROFESSIONAL DEVELOPMENT 1.4 Who is responsible for personal development To be successful it is fine practice to work in partnership with your employer. You be supposed to realize however that ownership of your CPD proof is yours and no one elses. The plan you set up will need to be flexible and change as your job requirements and aspirations change. It should also be realistic, not each one can become the Director of Nursing or Executive Director but everybody with forethought and some planning can discover challenge, diversity and interest in their job and vocation. Change is continuous in all aspects of life and efforts you put into keeping abreast of new knowledge and expanding your abilities will reap rewards when opportunities arise. It will have become obvious that a key feature of CPD is training but the significant difference between CPD and training is that CPD is prearranged to suit you and your career. 1.5 Job Profile I am working as the Hotel Manager and responsible for achieving optimal guest satisfaction and a good working environment to attain all set objectives. To achieve this, Im responsible for running the hotel in accordance with the Standard Operating Procedures and Policies as set out by Premier Inn. Further, Im responsible for the Implementation of optimal and attractive products and services required to address the hotels target groups, based on pre-agreed marketing plans and budgets while ensuring the correct production and distribution of information and promotion materials as agreed to. Guard the efficiency/productivity and the company results: Draw up plans and budget concepts (revenues, costs, etc.); Safeguard the realization, tracing and adjustment of deviations; Developing improvement actions, carry out costs savings; Guard/ controlling of cost price Delivering of data and proposals for the budgets and investments. Safeguard quality of operations (internal external audits) Manage the various Department Heads Coordinate planning of Department Heads and Assistant Managers with regard to time-tables, work schedules, employment of employees within the different services; solving of bottle necks; Coordination of the execution of activities via instructions to the Heads of Departments/ Assistant Managers, supervision of the execution; Determination of the workforce, recruitment and hiring of new staff, supervision of sufficient introduction, execution of performance reviews and training of staff. Be accountable for responsibilities of department heads in their absence. 6 PROFESSIONAL DEVELOPMENT Implement the Golden Tulip franchise formula optimally in the hotel and act as a flagship establishment for the Golden Tulip brand. Prepare a monthly financial reporting. Ensure an adequate administration, for the outgoing and incoming invoices, for the payment of invoices and for drawing up periodical management data. Justify deviations and differences. Other tasks; Handling complaints, in the last resort. Other reliable to the above mentioned, tasks in order of the executive; Handing over opinions and beliefs, decisions etc. to the executives; Leading various internal and external meetings; Supervise the fulfillment of the regulations of the employment legalization, Occupational Health Safety Act, HACCP, legionella, fire regulations and other legal requirements Correct use of Golden Tulips corporate identity. Maintain contacts with public authorities 7 PROFESSIONAL DEVELOPMENT 2 Task 2 2.1 Job Analysis A lot of people go blank when you ask them regarding their skills. Thus sometimes it is easier to exertion backwards from what you have done to work out and what you are good at. This is where a job analysis can assist. (Personal-skills-audit; 2010) Step One Take a divide sheet of paper for each of the jobs you have done and mark the job title at the top. Divide each piece into two columns. Use the first pillar to brainstorm all tasks each role involved. Include as much feature as you can. Dont just list the bureaucrat duties but include everything you turned your hand over to in that role. Avoid minor road terms similar to produced a monthly newsletter. Break it down into the stepladder concerned wrote articles, canvassed team for ideas, convinced pictures/photos, liaised with print room, etc. Dont be troubled about whether they are significant or Insignificant; just try to capture as much of what you did as probable. Observe out for any unenthusiastic self-talk here (well, it was only or I just did a little bit of ). The reason of brainstorming is to squeeze out as much information as possible. You can evaluate the activities later. Step Two The second step of your personal skills appraisal involves looking at these tasks to search what skills you contain developed. Make a list of the skills you needed to take out all these tasks. Were you showing an ability to deal with people? Were you using and analysing in sequence and data? Were you coming up with ideas and being original? Were you using sensible abilities such as repairing things? If you are not sure what skills you were using, take a look at the checklist of individual skills I have created. You will find that it also helps if you come up with a friend or your Career modifies Buddy two heads are always better than one. Step Three Dont discontinue with work. Do additional sheets for former unpaid roles you play in your life e.g. parent, sports club secretary, gardener, and the list could be fairly long! 8 PROFESSIONAL DEVELOPMENT A personal skills audit of what you have ended outside of work can be extremely revealing and help you to value the skills you have gained from all areas of your existence. You may find that there are skills you comprise developed here that you just dont give yourself recognition for. For example, you may be the trainer for a local football team using skills like management, motivation, encouragement, training etc.. If you really enjoy this, but do not hold a management or team leadership role at labour this might propose that this could be a new direction for you in your career. And you by now have many of the skills you require. Personal Skills Audit An optional strategy is just to sit yourself down and make a list of what you be acquainted with you are good at. This will come easier to a number of than to others. 2.2.1 Step One Just begin writing. You already know at smallest amount some of the things you are good at. Youll find there are some skills you feel very sure with and others where you think you can do them a bit. Dont be introvert this is not an exercise where you can be shy. Be proud to list what you be acquainted with you do well. Step Two You will come up with several skills without any prompting, but there will be many further. As I mentioned on top of, if you are the kind of someone that prefers working with a checklist, take seem at the list of personal skills I have shaped as a punctual. Another basis of ideas is job ads. Start scrutinizing newspapers for any kind of job and see what kinds of skills come up frequently. Recruiters know the importance of skills this is why they list the ones they need in their occupation ads. Step Three I already talk about brainstorming with your Career modify Buddy in the previous exercise. Dont stop there. Why not in a straight line ask some of your associates and colleagues what they think are your chief strengths and skills as they see them. Give them a bit of time to think concerning it and ask them to highlight what they think are your top 3 or 4 skills. It can be a genuine self-assurance booster to hear others reflect backs what they worth in you as a friend or colleague. 9 PROFESSIONAL DEVELOPMENT When you have done your individual skills audit, take a look at what I propose at the beginning of the personal skills checklist. A list is not sufficient. It is important that you speed your skills by level of ability and level of enjoyment Personal Development Learning Style Cognitive styles pass on to the preferred way an individual processes in order. Unlike individual differences in capabilities (e.g., Gardner, Guilford, Sternberg) which describe peak recital, styles describe a persons typical mode of thinking, remembering or trouble solving. Styles are regularly considered to be bipolar dimensions whereas abilities are unipolar (ranging from zero to a most value). Having extra of ability is usually considered beneficial while having a exacting cognitive method simply denotes a tendency to perform in a certain manner. Cognitive style is a usually described as a character dimension which influences attitudes, values, and social communication. A huge number of cognitive styles have been identified and studied in the history. Field self government versus field dependence is almost certainly the most well known style. It refers to a propensity to approach the environment in a logical, as opposed to global, fashion. At a perceptual level, field self-governing personalities are clever to distinguish figures as discrete from their backgrounds compared to field dependent persons who experience events in an undifferentiated way. In adding, field needy individuals have a greater social orientation relative to field self-regulating personalities. Studies have identified quantity connections between this cognitive style and learning. For example, meadow independent individuals are likely to learn more effectively beneath conditions of intrinsic motivation (e.g., self-study) and are influenced less by social reinforcement. Kolb and Lewin Model I would like to introduce this method to measure personal performance. Learning styles specifically transaction with characteristic styles of learning. Kolb (1984) suggests a theory of experiential learning that involves four major stages: tangible experiences, reflective observation, theoretical conceptualization, and vigorous experimentation. The CE/AC and AE/RO dimensions are glacial opposites as far as learning methods are concerned and Kolb postulates four types of beginners (divergers, assimilators, convergers, and accommodators) depending upon their location on these two dimensions. For example, an accommodator prefers tangible experiences and vigorous experimentation CAE,CE). An ordinary approach to viewing learning styles is linked to a learning series of experience, surveillance and mirror image, configuration and then testing of concepts. Although commonly referred to as the Kolb Learning Cycle this round was proposed by Kurt Lewin who got the idea from manage engineering. David Kolb (1984) popularized Lewins proposal (hence the common title). 10 PROFESSIONAL DEVELOPMENT LEARNING STYLE 2010 The four steps of the Experiential Learning Cycle are:- Concrete experience Observation and Reflection Abstract Conceptualization Testing concepts in new situations The cycle is a continuous course with the present concrete experience being the basis for observations and reflections, which allow the expansion of a theory, The theory is then tested in new situations to direct to more concrete experience. Kolb developed from the Lewin sculpt the idea that students have a overriding phase of the cycle during which they prefer to learn and therefore will contain preferred modes of learning. In order to identify the preferred learn and learning styles, Kolb developed a Learning Style record that identified students preference for the four modes corresponding to the stages in the learning series. 11 PROFESSIONAL DEVELOPMENT 3 Task 03 3.1 Personal Development Plan To obtain all goals and objective should have proper personal development plan. I have to be more relevant to the companys requirements. Especially should be practical member who is practicing and matching companys values and code of ethics while improving my personal skills. Therefore I have to use proper personal development planning model as follows; Developing a Personal Development Plan My Needs How Can I meet those needs? What are the Challenges in my job current that I need to meet? Where do I want to be in 2 years? Where do I want to be in 5 or 10 years? How does that fit in with what the practice wants? What adjustments will other people need to make for me to achieve what I want? What else should I consider? PERSONAL DEVELOPMENT PLAN: 2010 3.2 Personal Analysis (SWOT) A personal SWOT analysis is a powerful technique that can be used when seeking a career change in the Unilever. Linked to a strong and powerful goal, it can enable to take advantage of skills, talents and abilities to take career to the next level. Look at each area and consider the questions that follow and write down the answers that come into the mind. 12 PROFESSIONAL DEVELOPMENT 3.2.1 Strengths Personal strengths form an innate part of who are I and my characteristics. Consider my strengths as I see them and talk to your colleagues and friends for a further source of support. What are the skills and capabilities do I have? Leadership, teamwork, rational thinking In what areas do I excel? Leadership handling people and innovative thinking What qualifications, accreditations or experience make me unique? Marketing professional qualifications and marketing experience What would other people consider to be my strengths? Friendliness negotiation ability What qualities, values or beliefs make me stand out from others? Politeness, honest and self discipline Weaknesses Consider my personal weaknesses and how I may be seen by others. It is important to list any areas I feel may be holding me back. What are the gaps in your capabilities and what skills do I need to develop? Language skills In what areas could I improve? Speaking writing skills What would other people consider to be my weaknesses? Language skills What personal difficulties do I need to overcome to reach my goal? Practicing the language Opportunities Opportunities are normally external and may relate to changes in technology, people that may influence decisions, or training, development or support that may support my aspirations. What opportunities are available to me? Higher marketing post in the industry in Hospitality industry Recognition in the business field What external influences can help you to achieve success? Marketing environmental influences Pressure from customers Who could support you to help you achieve your goal? Professional trainers Professional courses 13 PROFESSIONAL DEVELOPMENT 3.2.4 Threats Threats are also normally external and are the things that get in the way of my success. What obstacles am I facing? Bad economical crisis market down turn What external influences may hinder my success? Unemployment competition for better jobs Who or what could get in the way of you achieving my goal? Organizational structure How Develop My Professional Success I have to be more relevant to the companys requirements. Specially should be practical member who is practicing and matching companys values and code of ethics while improving my personal skills. 3.3.1 Leadership Skills To maximise cooperation and increase productivity within the firm, a few issues should be considered to improve team leadership. Therefore i have to improve my leadership skills with taking support from the company. While the firm has development conversations in place, constructive feedback conversations that work as a two-way process can assist to increases self-awareness of individuals and offers options and encourages development. By taking the conversation to a more informal level and the consequently building of relationships encourages trust between team members. Specific and descriptive feedback on exemplary and not acceptable behaviour should be given to avoid conflict in an organisation and increase performance levels. By starting with a positive point, people are encouraged and using particular examples of behaviour will assist in bringing the point across. An effective feedback process is particularly important for the firm as it addresses the need to build relationships to not only increase the sharing of information, but also build loyalty and retention of people in the long term. Ø Be a leader in my area of responsibility, with a deep commitment to delivering leadership results. To have a clear vision of where we are going. Focus my resources to achieve leadership objectives and strategies. Develop the capability to deliver our strategies and eliminate organizational barriers 14 PROFESSIONAL DEVELOPMENT 3.3.2 Teamwork Skills To be a successful employee in the Premier Inn i have to improve m team work capabilities. To create a culture of teamwork will encourage collaboration, cooperation and sharing of information as well as empower individuals. Expectations as to teamwork need to be communicated; one of the benefits of introducing this culture is that leaders and managers model teamwork in their interaction with each other and the rest of the organisation. It can have a positive impact on work behaviour and ethics. A performance management system needs to emphasis teamwork and the impact on behaviours which will also need to be reflected by the rewards system. Collaboration through teamwork saves time and money as research efforts are not duplicated, issues can be resolved quicker and beneficial solutions and processes transferred which is a particular issue within the firm. Regular meetings to review project and progresses and to share work will assist in the implementation of the team work culture. Successes will need to be celebrated, by using communications channels such as the Premier Inn News for the firm. This will not only set a positive example for others but also make individuals feel valued and increase their motivation and loyalty. 3.3.3 Evaluation Analytical Skills Create a vision of where your area is going, together with supportive objectives and operational plans communicate regularly, making effective use of a range of different communication methods Develop a range of leadership styles and apply them to appropriate situations and people Give people in your area support and advice when they need it especially during periods of setback and change Encourage people to take a lead in their own areas of expertise and show willingness to follow this lead Ownership To accept personal accountability to meet our business needs, improve our systems and help others improve their effectiveness. Act like owners, treating the Companys assets as our own and behaving with the Companys long-term success in mind 15 PROFESSIONAL DEVELOPMENT Passion for Winning Determined to be the best at doing what matters most Be a healthy dissatisfaction with the status quo. To have a compelling desire to improve and to win in the marketplace Trust Respect our Premier Inn colleagues, customers and consumers, and treat them as we want to be treated. To have confidence in each others capabilities and intentions. Believe that people work best when there is a foundation of trust. Integrity Always try to do the right thing. Be honest and straightforward with each other. Operate within the letter and spirit of the law. Uphold the values and principles of Premier Inn in every action and decision. Should data-based and intellectually honest in advocating proposals, including recognizing risks. 16 PROFESSIONAL DEVELOPMENT

Tuesday, August 20, 2019

Examining Hacking And Cyber Ethics Philosophy Essay

Examining Hacking And Cyber Ethics Philosophy Essay With technology taking the forefront in communication, world has virtually shrunk! Distance and time are no more any hindrances for effective interactions and communications. Internet has so much invaded our day to day lives that without internet, we feel we are almost without bread! As any advances bring in good , not so good and bad with it-take auto mobiles, electricity, movies whatever-even the communication technology has its own goods and bads. Hacking is something that has shocked the world that is so much dependent on the cyber for its day to day affairs, may it be individual corporate or education fields. Hacking and Hacker Hacking is an action of trying to gain access to a computer or computer network without any legal authorization [1]. The entity who tries the act of hacking is the hacker. The new hacker dictionary defines hacker as below: A person who enjoys exploring the details of programmable systems and how to stretch their capabilities, as opposed to most users, who prefer to learn only the minimum necessary. One who programs enthusiastically (even obsessively) or who enjoys programming rather than just theorizing about programming. A person capable of appreciating hack value. A person who is good at programming quickly. An expert at a particular program, or one who frequently does work using it or on it. An expert or enthusiast of any kind. One might be an astronomy hacker, for example. One who enjoys the intellectual challenge of creatively overcoming or circumventing limitations. [deprecated] A malicious meddler who tries to discover sensitive information by poking around. Hence password hacker, network hacker. The correct term for this sense is cracker. Hacker is someone who has an intention to damage a system and hence invades it illegally [2]. He or she might invade into the system to get illegitimate access to resources. As hacking becomes easier, a vulnerable computer will be the earlier target. Hacker invariably tries to hide his or her identity for launching attacks on the main site, which is generally more secure. The attack is made with an intention of gaining control of the targeted system so that the hacker can execute, edit or delete any file on the users directory. This is achieved generally by gaining access to the super-user account. This helps the hacker hide his presence and provides him maximum authority to access the data. Software bugs are generally used in the attacks which give the hacker super-user status. Ethics and Cyber Ethics That branch of art which looks with wonder at the marvels and mysteries of the world is philosophy. It leads to life with passion, moral and intellectual integrity. Socrates had once stated the unexamined life is not worth living. In philosophy. Everything related to life is critically and comprehensively inquired in to. The branch of philosophy that deals with how we ought to live, with the ideas as to what is right and wrong, and with idea of Good is ethics [3]. The field of ethics that examines legal, moral and social issues in the use and development of cyber technology is cyber ethics [4]. A broad spectrum of technologies that range from standalone computers to a cluster of network computing, information and communication technologies is referred to as cyber technology. Computer ethics has been the general usage term for cyber ethics until recently. Computer ethics however suggests the study of ethical issues associated primarily with computing profession or computing machines. Cyber ethics however attempts to address ethical issues that are more wider and deeper. Other terminologies like internet ethics or information ethics are in use but cyber ethics has wider coverage than internet ethics. 1.3 Legal and Illegal Hacking The informal trespassing into a computer is termed as hacking by many people. Hacking in general has formed a meaning of breaking into computers [5]. The term hacking clouds ethical and legal complexities of law that administrates use of computers. Some hacking is legal and valuable while some are illegal and destructive. Learning the way to get access is legal while using this information to access the system and misuse it is illegal hacking. It is very important to understand the difference between legal and illegal hacking. This could be understood considering an example. For example, the security researcher of the system will learn a number of ways to get into the system without authorization. While learning this information is not illegal, using the information to access a system unauthorisedly is illegal. An action can be considered legal or illegal based on the scenario and the access and authorisation for the particular scenario. 1.4 Ethical Theories Ethical issues are based on morals which are subjective. The ethical theories offer direction for the moral analysis to be made. These are the scientific theories that provide the framework for the analysis of moral issues. We may look into ethical theories relevant to the case in hand. 1.4.1 Consequence Based ethical theories (consequentialism) Consequence based theories judge actions based on results. Proponents of these theories assume that certain state of affairs are better than many others. Actions that lead to better state for maximum number of people are better actions. In simple words, an action that makes the world better is a good action and that worsens the world is bad. Hence here, result is most important. Three subdivisions of consequentialism emerge based on who is benefited by the action: Ethical Egoism: an action is morally right if the consequences of that action are more favorable than unfavorable only to the agent performing the action. Ethical Altruism: an action is morally right if the consequences of that action are more favorable than unfavorable to everyone except the agent. Utilitarianism: an action is morally right if the consequences of that action are more favorable than unfavorable to everyone.(QuoteIEP) Types of Utilitarianism Two types of Utilitarianism are there namely Act Utilitarianism and Rule Utilitarianism. Under Act Utilitarianism, an action is considered good or bad based on its consequences while under Rule Utilitarianism, a code or rule of conduct is more acceptable if the consequences of it are beneficial than not beneficial to every one. For ex. If one steals, it may be beneficial to him but not to all. So the rule is not to steal. Intended Consequentialism Intended consequentialism is a consequence based ethical theory. Here, intended consequence is given importance over actual consequence in judging an action. 1.4.2 Duty Based ethical theories Duty based ethics is otherwise called deontological theory. Deon is a Greek word meaning necessary, binding, obligatory. Immanuel Kant is the main proponent of this theory. It gives importance to sticking to ones duty and principle rather than the consequences. When most stick to Deontological principles, naturally, consequences will be good. The focus is on duty and principle and not on consequences. An other famous philosopher W.D. Ross who supported Kants theory, summarized basic duties as below: Duty of beneficence: A duty to help other people (increase pleasure, improve character) Duty of non-maleficence: A duty to avoid harming other people. Duty of justice: A duty to ensure people get what they deserve. Duty of self-improvement: A duty to improve ourselves. Duty of reparation: A duty to recompense someone if you have acted wrongly towards them. Duty of gratitude: A duty to benefit people who have benefited us. Duty of promise-keeping: A duty to act according to explicit and implicit promises, including the implicit promise to tell the truth.(M2) Character based Ethical Theories Character based virtue ethics is also called Virtue ethics. These theories are mostly based on Aristolephilosophy. Here, individuals character takes prime place over duty or consequence, in contrast Deontology and Consequentialism respectively. Here, the tenet is once the person has strong value system which has stabilized, he would be conscious of what is wrong and what is right, what are his duties to his children, family, society and his master, so, action taken by such persons tend to have good consequences only. An ethical individual is therefore necessarily disposed to do good things acceptable to himself and for society. 1.5 Role of software/Hardware/Application Engineers Hacking has become a threat to modern world which is over dependent on information technology. It is easier done than said that, as you keep your valuable protected in house against thieves and robbers by locking the almirah or the house or safe keeping in banks or covering by insurance. As we use lot of IT services through public domains and distant server based technologies, the risks are even more. Professionals in the field can do their bit based on their knowledge and experience to reduce damages by hacking. Objectives The objectives of this case study are: Highlight the main critical issues that this case brings out light and to critically apply consequence-based, Duty-based and character-based ethical theories to discuss whether the FBI were correct in attempting to capture and prosecute Mitnick. Briefly discuss the general of asoftware/hardware/application engineer in terms of the use dof their knowledge and expertise in regard to hacking. Facts of the case While dealing with the case in hand from the point of the objectives of the case study, we have to critically observe the facts from the following angles. Actions of Mitnick that are subject of ethical and moral nature

Monday, August 19, 2019

Society’s Attitude Towards Under Privileged Children in the Novel Olive

Society’s Attitude Towards Under Privileged Children in the Novel Oliver Twist ‘Oliver Twist’ is one of Charles Dickens most enduringly popular novels. Best known for his host of distinctively cruel, comic and repugnant characters, Charles Dickens remains the most widely read of the Victorian novelists. ‘Oliver Twist’, a meek, mild young boy, is born in the workhouse and spends his early years there until, finding the audacity to ask for more food, â€Å"Please, sir, I want some more.† he is made to leave. Oliver represents the underprivileged children in this novel. Dickens shows us society’s attitude towards Oliver and the under privileged children, they were abused, beaten and â€Å"brought up by hand.† ‘Oliver Twist’ is a criticism of the workhouses, the judicial system and the criminal world of London society of the time. Dickens use of satire and descriptive style conveys the pain of the unfortunate to the reader. His narrative skills are loaded with biting sarcasm and irony making the novel a chilling revelation of the life of the orphans. Dickens was a lifelong champion of the poor. He himself suffered the harsh abuse visited upon the poor by the English legal system, as he himself was an orphan. In England in the 1830s, the poor had no voice, political or economically. In Oliver Twist, he presents the everyday existence of the lowest characters of English society. He goes far beyond the experiences of the workhouse, extending his depiction of poverty to London’s squalid streets, dark alehouses, and thieves’ dens, he gives voice to those who had no voice, showing us a link between politics and literature with his language techniques and social commentary. The novel is that of a young individual boy but t... ...y to make us visualize the19th century London. Characters such as Mr.Brownlow, Nancy, Ms. Rose, all give comfort to Oliver’s life but filthy characters such Fagin and Sikes never allow Oliver to be in peace. Dickens shows us how society can change the life of a person. The different classes of society all have good and bad. But in the end we know that good prevails over evil. The novel has made me realize that I can survive under any circumstances if I keep hope and keep praying like Oliver did, have more faith. The novel also inspires me as good prevails over evil and always will. The novel is also an eye opener for me as it teaches me to appreciate the comforts of my life as I have a home to live in, love from my parents, food to eat everyday and it teaches me to be more understanding and gentle towards younger people who are less fortunate than me.

A Clean, Well-Lighted Place :: essays research papers fc

Ernest Miller Hemingway was born in Oak Park, Illinois July 21, 1898. He died in 1961 at the age of 63. Hemingway is known to be one of the most influential writers of the twentieth century. He has written more than one hundred short fiction stories, many of them are well known around the world. Some of these short stories have had just as powerful an impact as his novels. As a young man, Hemingway left his hometown in Illinois to go to Europe, where he worked for the Red Cross during World War I. His time spent there inspired him to write some of his most famous novels, most of which spoke of the horrors of the war. For instance, â€Å"A Clean, Well-Lighted Place† by Ernest Hemingway is a short story that focuses on three different age groups and their varying views on life. By analyzing the three different points of view, we see Hemingway’s perspective of an old man. The story is about an old man that every so often, sits in a very clean bar, drinks away at two o’clock in the morning and is the last one to leave. There are three waiters: one is a young man, one is an older gentleman, and the last is a very old man. All the waiters see him in a different way based on their ages. Furthermore, Ernest Hemingway had a different style of writing than the other authors of his time. "The Sun Also Rises is the book that established Hemingway as a literary force and it introduced the world to the Lost Generation" (5). The Lost Generation is referred to as the â€Å"disillusioned that fought in the war†. "Two of the novel's main characters, Lady Brett Ashley and Jake Barnes, typify the Lost Generation" (1). "This book has a lot of thematic issues, but the reader really needs to think to be able to pick up on all of them" (2). Friendship, stoicism, and natural grace under pressure are offered as the values that matter in an otherwise amoral often-senseless world (1). "His mind is set on writing only" (3). The only thing Hemingway thought about was writing and finishing The Sun Also Rises. "The writing is as strong and powerful as a swift kick to the head" (4). This quote is referring to Hemingway's strong and com plex style of writing. "Hemingway writes about the dreariness of everyday life but it is interesting at the emphasis on drinking during the age of prohibition" (3).

Sunday, August 18, 2019

a farewell to arms Essay -- essays research papers

â€Å"A writer’s job is to tell the truth† – Ernest Hemingway. This quote means that it is a writer’s job to convey some sort of truth or accuracy to the reader. I agree. This is shown in the novel, A Farewell to Arms, by Ernest Hemingway through the setting and characterization in the novel. It is also shown in the novel, To Kill A Mockingbird, by Harper Lee through the themes and setting of the novel.   Ã‚  Ã‚  Ã‚  Ã‚  In the war novel, A Farewell to Arms, Ernest Hemingway demonstrates that it is a writer’s job to convey some sort of truth to the reader through the setting of the novel. This novel takes place during a time of war and shows what war is like, realistically. For a war novel, there is not a lot of fighting but instead more of getting from one place to another and the situations that occur in the interim. This portrays a truth to the reader because it shows how war is in reality and that it is not all death and destruction. Hemingway expresses the emotions of the characters accurately for time of war and conditions or situations the characters are put into. The author shows us the characters interact with each other and how they deal with the war surrounding them. For example, in Book III of the novel, the priest says that people that summer finally realized the war and that people were gentler because they had been beaten. This, truthfully, shows how war affe cts people and their emotions because it shows how they are disappointed. Through the setting of...

Saturday, August 17, 2019

Health and Social

Hollie Kelly- D1 Justify how the two-day diet plan meets the dietary needs of the two service uses Type-two diabetes Roger I have transformed Rogers two day diet plan to ensure he does not take in low carbohydrates as they are high in fats. I have only used complex carbohydrates to form part of Roger’s diet. I have tried to keep Rogers diet low in fat and sugar with only obtaining a small amount of fat and sugar in his two-day diet plan. In general, people with type 2 diabetes have a lifespan that is five to ten years less than those without the disease.The most common long-term effect of type 2 diabetes is damage to blood vessels. Because of this, diabetics are twice as likely to develop cardiovascular disease, which can result in blocked arteries, and eventually lead to a stroke or heart attack. The main cause of death in type 2 diabetes sufferers is cardiovascular disease and associated complications. Obese Susan I have transformed Susan’s two-day diet plan to ensure her calorie intake isn’t as high as it was. I have maintained a balanced diet that should fill her up for both days. I have ensured her intake of fats and sugar is to a minimum.I have balanced out her intake of dairy products, carbohydrates and protein so it helps her lose weight faster to obtain a healthy lifestyle. Obesity can reduce your life expectancy by up to 9 years and many chronic diseases can be prevented by maintaining a healthy weight. Being overweight can also put extra pressure on joints and limbs, making activity quite difficult and sometimes any movement at all can be painful. Other physical problems caused by obesity are that obese women who become pregnant have a higher risk pregnancy that than of a healthy weight.

Friday, August 16, 2019

International Trade Payment & Finance Practice of Bangladesh

International trade is the backbone of our modern, commercial world. Producers in various nations try to profit from an expanded market, rather than be limited to selling within their own borders. There are many reasons that trade across national borders occurs, including lower production costs in one region versus another, specialized industries, lack or surplus of natural resources and consumer tastes. This trend is attributable to the increased globalization of the world economies and the availability of trade payment and finance from the international banking community.Although banks also finance domestic trade, their role in financing international trade is more critical due to the additional complications involved. First, the exporter might question the importer’s ability to make payment. Second, even if the importer is creditworthy, the government might impose exchange controls that prevent payment to the exporter. Third, the importer might not trust the exporter to shi p the goods ordered. Fourth, even if the exporter does ship the goods, trade barriers or time lags in international transportation might delay arrival time. There are a number of methods of trade payment.Before importers and exporters decide to do business with each other they need to understand and adopt a method suitable to meet their specific needs. The contract between buyer and seller will specify the way in which payment is to be made. Certain methods of payment are less risky than others. It is up to the buyer and seller to agree on a method that suits them both. The choice of payment method is affected by several factors like requirements of the seller and buyer, relationships between the trading partners, the operating environment and associated risks, object of transaction and market conditions etc. Once acceptable risks have been determined then the most appropriate payment method can be selected.Exporters use different methods of financing international trade, depending upon the resources they have available and the transactional risk they are able to absorb. The ability to access international markets is an important strategic opportunity for manufacturers and sellers because it expands a company's customer base exponentially. International trading is much more complicated than making domestic sales, and comes with internal and external stress factors that often determine whether a company can effectively operate in the global arena.The assignment has two objectives1) To discuss conceptual issues of international trade payment and finance 2) To discuss international trade payment and finance practice of BangladeshConceptual Issues of International Trade Payment and Financing Methods To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each e xport sale, an appropriate payment method must be chosen carefully to minimize the payment risk while also accommodating the needs of the buyer.Financing methods use a variety of trade finance products that are available to exporters to increase cash flow and reduce the risk associated with shipping products overseas. Importers and exporters usually need to resort to trade payment and financing mechanisms, coursed through third parties such as banks or specialized financial institutions that help guarantee both the payment to exporters and the delivery of products to importers.There are four common methods of payment available to firms engaged in International trade: Cash in Advance, Open Account / Supplier credit, Documentary Collection, and Documentary Credit / Letters of Credit LC. Cash in advance means payment in advance, or advance payment, refers to a situation in which the seller requests payment from the buyer before he will ship the goods. The seller only ships out the good s to the buyer after receiving the payment. With cash in advance payment terms, an exporter can avoid credit risk because payment is received before the ownership of the goods is transferred.Payment is usually made in the form of an international wire transfer to the exporter’s bank account or foreign bank draft. As technology progresses, electronic commerce will allow firms engaged in international trade to make electronic credits and debits through an intermediary bank. In cash in advance process, at first, there will be a purchase sale agreement between exporter and importer. In payment procedure there will be three steps, first, importer makes payment to the exporter. Second, exporter will make the shipment of goods and third, exporter will send the documents to the importer.1. Purchase Sale Agreement 2. Payment 3. Shipment of Goods 4. DocumentsFigure 1: Process of Cash-in-Advance There are some features of this method: interest of exporter is fully protected and interest of importer is not protected. Banks are involved in the process of transferring payment. Documents and shipments are directly handled by the exporters. There is no universally accepted regulation to guide cash-in-advance. It is guided by the purchase or sale agreement. It is one of the cheapest forms of trade payment method but it is the least popular form of trade payment method in the world. It is used in the world less than 1%.Cash-in-Advance should be used only under the following conditions: The importer is a new customer and/or has a less-established operating history. The importer’s creditworthiness is doubtful, unsatisfactory, or unverifiable. The political and commercial risks of the importer’s home country are very high. The exporter’s product is unique, not available elsewhere, or in heavy demand. The exporter operates an Internet-based business where the acceptance of credit card payments is a must to remain competitive.Open account is the reverse o f cash-in-advance, in which the goods, along with all the necessary documents, are shipped directly to the importer who has agreed to pay the exporter’s invoice at a specified date, which is usually in 30, 60 or 90 days. The exporter should be absolutely confident that the importer will accept shipment and pay at the agreed time and that the importing country is commercially and politically secure.1. Purchase Sale Agreement 2. Shipment of goods 3. Documents 4. PaymentFigure 2: Process of Open AccountIn open account method, interest of importer is fully protected and interest of exporter is not protected. Banks are involved in the process of transferring payment. Documents and shipments are directly handled by the exporters. There is no universally accepted regulation to guide open account. It is guided by the purchase or sale agreement. It is also the cheapest forms of trade payment methods. It is the most popular form of trade payment method in the world. It is used in the w orld more than 85%. Open account terms may help win customers in competitive markets and may be used with one or more of the appropriate trade finance techniques that mitigate the risk of non-payment. It helps to establish and maintain a successful trade relationship.Involvement of bank is insignificant and thus it’s not costly for the traders. Documentary collection (D/C) is the process of collection of payment by a bank on behalf of exporter from importer against documents. The importer is not obligated to pay for goods before shipment. It offers some protection to the seller. It is more secure than shipping on an open account basis but less secure than using a letter of credit or an advance payment. In documentary collection process, the very initial step is contract between exporter and importer where it is decided that payment will be collected against documents.Next step is shipment of the goods and preparation or collection of the documents by the exporter. After colle ction and preparation of documents exporter is supposed to submit documents along with a set of collection instruction at the counter of Remitting Bank. Remitting Bank is the bank at the counter of which documents are submitted by exporter to collect payment from importer on its behalf. Remitting Bank generally collects payment and forward documents using the service of collecting and/or presenting bank.Presenting bank is the bank that presents documents to the importer. And collecting bank is the bank that is involved in the process of documentary collection. Then as per the collection instruction importer receives documents either DP (Documents against payment) or DA (Documents against acceptance). Then the importer will release the goods against documents and exporter will receive payment either immediately or as per the accepted terms through banking channels.Figure 3: Process of Documentary CollectionIn this method, interest of importer is protected and interest of exporter is better protected than Open account. It is guided by the purchase-sale agreement and URC 522 (Uniform Rules for Collections). URC is published by International Chamber of Commerce (ICC) under the document number 522 (URC 522). All the banks involved in the documentary collection are the agent of exporters. Documentary Collection process could be risky for the exporter, if documents are not received by the importer. The exporter’s bank (remitting bank) and the importer’s bank (collecting bank) play an essential role in Documentary Collection process. Although the banks control the flow of documents, they neither verify the documents nor take any risks.It is considered to be one of the cost effective methods of evidencing a transaction for buyers, where documents are manipulated via the banking system. With documentary collection transactions, the exporter has little recourse against the importer in case of non-payment. Thus, documentary collection should be used only und er the following conditions: The exporter and importer have a well-established relationship. The exporter is confident that the importing country is politically and economically stable. An open account sale is considered too risky, and an LC is unacceptable to the importer.Documentary Credit or Letters of Credit (L/C) is the commitment, guaranty or undertaking by a bank on behalf of importer to the exporter about the payment of certain amount subject to the fulfillment of certain documentary condition. This method is a compromise between buyer and seller because it affords certain advantages to both parties. The exporter is assured of receiving payment from the issuing bank as long as it presents documents in accordance with the L/C. An important feature of an L/C is that the issuing bank is obligated to honor drawings under the L/C regardless of the buyer’s ability or willingness to pay. On the other hand, the importer  does not have to pay for the goods until shipment has been made and the documents are presented in good order.Documentary credit are recommended for new or less established trade relationships because the buyer’s bank is there to guarantee for both exporters (that payment will be made) and importers (that the terms of the contract are met). First step of Documentary Credit process is contract between buyer and seller where it is decided that payment will be made through L/C. Then the importer approaches to a bank (Issuing Bank) to issue L/C. Issuing bank is a bank that issues letters of credit (L/C).If the bank agrees on financing terms then L/C is issued by the issuing bank and sends to the exporter (Beneficiary). While sending L/C, issuing bank generally uses the services of a bank known as Advising Bank. Advising Bank is the bank using the service of which issuing bank advices credit to the exporter on behalf of importer. Advising Bank is selected by the Issuing Bank.After receiving L/C exporter makes shipment and prepare do cuments to submit to the issuing bank or its agent (Nominated Bank). Nominated Bank is the bank nominated by the issuing bank at the counter of which documents may be submitted by the exporter in addition to the counter of issuing bank. Nominated bank is selected by the preference of exporter. After the submission of documents to the Nominated Bank or Issuing Bank, documents are examined to a certain ‘Complying Presentation’. Complying Presentation means the documents submitted are in order. Documents are complying if these are in accordance with L/C terms and conditions, UCP 600 and ISBP 681.The concept of Complying Presentation is particularly important for the examination of documents by the bank and also for the exporter for preparation of the documents. If the documents are in order, there could be negotiation or honor. Negotiation is performed by the Nominated Bank through purchasing or discounting of documents without the consent of Issuing Bank which is a financ ing technique. When Nominated Bank negotiate documents it is known as Negotiating Bank. Honor means payment. If payment is occurred by issuing bank then it will be honor. Honor could be at sight, deferred basis, or acceptance basis.Following negotiation or honor documents are forwarded to the Issuing Bank for reimbursement. Issuing Bank is supposed to examine documents and makes arrangement for making payment. Issuing Bank makes reimbursement to the Nominated Bank by using the service of Reimbursing Bank. Then finally, documents are handled to the importer and  then, goods are released by the importer. After that importer make payment to the issuing bank for settlement.From above discussion we can find some responsibilities of issuing bank: Issuance of L/C and making arrangement for advising. Amendment of L/C if required. Examination of documents and honoring document. Making reimbursement to the nominated bank.In international trade transaction there are various types of Letters of credit (L/C) is used. Broadly there are two types of Letters of credit.i. Revocable Letters of credit ii. Irrevocable Letters of credit.If any Letter of Credit can be amendment or changed of any clause or canceled by consent of the exporter and importer, it is known as Revocable Letter of Credit. In case of seller (beneficiary), revocable credit involves risk, as the credit may be amended or cancelled while the goods are in transit and before the documents are presented, or although presented before payments has been made. The seller would then face the problem of obtaining payment on the other hand revocable credit gives the buyer maximum flexibility, as it can be amended or cancelled without prior notice to the seller up to the moment of payment buy the issuing bank at which the issuing bank has made the credit available. In the modern banking the use of revocable credit is not widespread.If any Letter of Credit cannot be amendment or changed of  any clause without the consen t of all concern parties – importer (applicant), exporter (beneficiary), Issuing Bank, and Confirming Bank (in case of confirmed L/C), is known as Irrevocable Letter of Credit. An Irrevocable Letter of Credit constitutes a firm undertaking by the issuing bank to make payment. It, therefore, gives the beneficiary a high degree of assurance that he/she will pay to his/her goods or services provided he/she complies with terms of the credit. There are also some special types of L/C such as: Transferable L/C, Back to back L/C, Revolving L/C, Confirm L/C, Red clause L/C, and Standby L/C.The main modes of international trade are export and import. Both of them required financing in order to complete the export and import process properly. Trade financing is financing either to the exporters or to the importers. Exporters use different methods of financing international trade, depending upon the resources they have available and the transactional risk they are able to absorb. Broadly financing is two types: Export financing and Import financing. Export financing means financing facilities to the exporter and financing facilities to the importer is called import financing. Exporters need financing facilities at two stages: i. Pre shipment stageii. Post shipment stage Pre-shipment finance for exporters is the finance required to bring an export transaction to the point of shipment – either to manufacture, process, or purchase merchandise and commodities for shipment overseas. Pre Shipment Finance is issued by a financial institution when the sellers want the payment of the goods before shipment. The main objectives behind Pre-shipment finance or Pre-export finance is to enable exporter to: Procure raw materials.Carry out manufacturing process. Provide a secure warehouse for goods and raw materials. Process and pack the goods. Ship the goods to the buyers. Meet other financial cost of the business. Pre-shipment financing is especially important to smaller e nterprises because the international sales cycle is usually longer than the domestic sales  cycle. Pre-shipment financing can take in the form of short term loans, overdrafts and cash credits. Packing credit, back to back L/C, red clause L/C etc. are the example of pre shipment export financing. Packing Credit is a pre shipment credit offer to the exporters to meet expenses related to the preparation of goods and transportation. It is especially needed when inputs for production must be imported. It also provides additional working capital for the exporter.Post Shipment Finance is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This type of export finance is granted from the date of extending the credit after shipment of the goods to the realization date of the exporter proceeds. Exporters don’t wait for the importer to deposit the funds. Negotiation or purchasing is the example of post shipment expo rt financing. As like as export financing, import financing also two types: i. Pre import financingii. Post import financing. Pre import financing means financing before buying goods from exporter. L/C is the example of pre import financing which is not covered by the margin. Post Import Financing means financing after shipment of goods arrived. Once shipment of goods arrived, importer may lack the necessary liquidity to pay their issuing bank immediately. The bank can provide them the post import financing facilities. PAD (Payment Against Document), LIM (Loan against Imported Merchandise), LTR (Loan against Trust Receipt), all are the example of post import financing. PAD is created by the issuing bank at the time of making payment to the exporter on behalf of importer. If PAD is not cleared in due time then bank canceled it and convert PAD to LIM.International Trade Payment and Finance Practice of Bangladesh In the context of Bangladesh, Documentary Credit is the most popular and widely used for making import payments from Bangladesh. In 2012, 85% of import payments from the country are made through letter of credit. The other two methods- open account and documentary collection are used 3% and 10% for international trade payment respectively.Because of domestic regulation (Import policy order 2009-2012) on import of Bangladesh cash in advance is less used in Bangladesh. It is used 2% in our country for make payment against  international trade. In case of export, 30% of payments were received through Documentary Collection, and 65% of payments were received through Documentary Credit. Cash in advanced is used to make domestic trade payment in Bangladesh. As like other countries cash in advance is the least popular method of trade payment in Bangladesh in international trade payment. It is used 2% in our country for make payment against international trade. Open account is the most popular method of trade payment around the world. It is used more than 85% in international transaction. But in case of Bangladesh it is used only 3% of total received payment of export. Bangladesh Trade 2012Import Export Cash In Advance 2% Cash In Advance 2% Open Account 3% Open Account 3% Documentary Collection 10%Documentary Collection 30% Documentary Credit 85% Documentary Credit 65%Source: BIBM Report 2012 So it can be said that most of the export and import transactions of Bangladesh are dominantly settled by documentary credit. The result is that the businesses are paying high for their transaction settlement. As documentary credit has involvements of different parties namely the nominating bank, the reimbursing bank, the confirming bank etc. Some of them are involved only to ensure the creditworthiness of the issuing bank against a certain percentage of commission. Another reason could be that the sovereign rating is lower than that in some countries in LDC group.Although there is specific guidelines published by the International Chamber of Commer ce (Such as UCP-600, ISP98), documentary credit is an inefficient process in terms of time. As a result the businesses of our country are losing their advantage over those of some countries under the class of  developing countries. As any L/C opened in our country has to comply with domestic regulations, guidelines on foreign exchange transactions along with Foreign Exchange (FE) circulars issued by Bangladesh Bank and the Import Policy Order and the Export Policy Order of the country are followed, these issues effect scrutinizing of import documents.However, it is to be remembered that whenever an L/C is established only the ‘L/C terms’ are ‘terms’ and only they are to be considered for examining a set of import documents. As per article 14 of the UCP 600 any bank shall have a maximum of five banking days following the day of receiving of the document to determine if a presentation is complying. In some banks there is a practice of sending the discrepanc y notices within 2-3 days after receiving the documents. Banks consider the act as a protective measure on their part. Charging of discrepancy fee appears to be another reason of such practice.Banks have been observed to approach to the importers to get their opinion before rejecting the documents. In regard to discrepancies, late shipment, late presentation, expiry of the L/C are very common. Other than some exception, whatever we import, we have to follow L/C for making payment. But the margin of L/C is very high for importer in Bangladesh. Margin means the amount of money paid by importer against opening a L/C. More over the repayment of L/C financing is also satisfactory. L/C is a payment technique but it also has financing component. Banks in Bangladesh also provide finance to importer through L/C to facilitate international business.In the financial year July 2010 – June 2011 the total amount of L/C opened in Bangladesh was Taka 38,582.35. Total import payments of Bangl adesh in the financial year July 2010 – June 2011 were Tk. 240,027.90. Total export receipts of Bangladesh (including exports of EPZ) during the financial years, 2010-2011 and 2009-2010 amounted to Tk. 145,007.60 and Tk. 102,148.2 respectively. Total import payments of Bangladesh (including EPZ) during the quarter July 2010-June 2011 stood at Tk. 240,027.9 (or US$ 8,788.5 million).Concluding Remarks One of the most important challenges for traders involved in a transaction is to secure financing so that the transaction may actually take place. So Bangladesh Bank imposed regulation to import through LC but most of the export payment is done by documentary collection.The faster and easier the  process of financing an international transaction, the more trade will be facilitated. Traders require working capital (i.e., short-term financing) to support their trading activities. Exporters will usually require financing to process or manufacture products for the export market befo re receiving payment. In Bangladesh the trade finance is depend upon bankers and importers relationship. Therefore, Bangladesh governments should provide assistance and support in terms of export financing and development of an efficient financial infrastructure.