Sexual Discrimination Case Study Example | Topics and Well Written Essays - 3000 words

Sexual Discrimination - Case Study Example Sergeant Williams, a churchwarden at St Augustine's was uneasy that an acknowledged homosexual should be working as a caretaker at the parish school. He voiced his concerns to the school's head teacher who brought the matter to a meeting of the school's governing body. They endorse Sergeant Williams' concerns and advise that Jeffrey's contract should be terminated. This year, in the local police station, Desk Sergeant Williams took Jeffrey's statement reporting the fact that his flat has been broken into and several valuable items have been stolen, which statement also revealed Jeffrey's sexual orientation. Sergeant Williams, who was also a churchwarden of St. Augustine, reported his concerns of having an acknowledged homosexual working as the parish school caretaker to the school head teacher. Jeffrey's employment contract was terminated by the head teacher after the school's board of governors endorsed Sergeant Williams' concerns. Jeffrey filed the present application for injunctive relief to prevent the school administration from implementing the dismissal decision as well as appeal the same with prayer claiming for additional damages over and above the notice period for the period that the statutory dismissal or disciplinary procedure would have taken. The Employment Act 2002... injunctive relief to prevent the school administration from implementing the dismissal decision as well as appeal the same with prayer claiming for additional damages over and above the notice period for the period that the statutory dismissal or disciplinary procedure would have taken. II. LAW - Relevant Domestic and European Community Law, Convention and Practice i. Under the Employment Act 2002: The complainant employee alleges that the dismissal impinges upon his rights under s.35 of the Employment Act 2002: the right to procedural fairness through the internal dismissal procedure to determine whether there are extant grounds to dismiss the employee; the right to accompaniment or assistance by a trade union representative or work colleague; and The right to appeal the grievance decision. The complainant's rights under the Sex Discrimination Act 1975 and the Employment Equality (Sexual Orientation) Regulations 2003 are asserted to be also violated. The Employment Act 2002 (Dispute Resolution) Regulations 2004 requires that the employer afford the employee the procedural fairness through internal dismissal/disciplinary procedures. The Employment Act 2002 (Dispute Resolution) Regulations 2004 provides, inter alia: Application of dismissal and disciplinary procedures 3. -(1) Subject to paragraph (2) and regulation 4, the standard dismissal and disciplinary procedure applies when an employer contemplates dismissing or taking relevant disciplinary action against an employee. (2) Subject to regulation 4, the modified dismissal procedure applies in relation to a dismissal where- (a) the employer dismissed the employee by reason of his conduct without notice, (b) the dismissal occurred at the time the employer became aware of the conduct or immediately thereafter, (c)

Threat of Hezbollah to US

Threat of Hezbollah to US Red Cell Analysis: Hezbollah: a Threat to the United States and its interests. Red Cell analysis: Hezbollah In recent years, the threat alert within the United States increased drastically attributed to the increase in the number of terrorist organizations within its borders. However, most terrorist organizations not only target the United States but also co-ordinate other attacks that target other American interests in other countries. One of the biggest organizations that are a threat to the United States and its interest in other countries is the Hezbollah movement, also known as the â€Å"Party of God,† which advocates for the rights of Muslims in most parts of the world through terrorism activities. The movement comprises of Shi’a Islamists who advocate for violence as part of spreading their message of fighting â€Å"western imperialism† in Muslim controlled states around the world. According to a report released by the Federal Bureau of Investigation (FBI), the Hezbollah movement plans their attacks from South America targeting Americans within the United States and other parts of the world. In 1983, the movement attacked a U.S. marine camp and killed over 250 Americans while also targeting the American embassies in the Arab region (Broxmeyer 2004). In addition, the movement also kidnaps American citizens and demands for ransom before securing their release. The movement employs surveillance methods before attacks whereby members of the movement observe the routine of different planned locations, which creates a clear picture of the most favorable location for an attack. The Hezbollah movement began in 1982 in Lebanon, attributed to the Iranian Revolution. It blamed the United States for most of the problems facing other countries around the world. It is necessary to note that since the inception of the movement, the leadership positions require religious clerics within Islam, who guide the members of the movement in terms of goals and objectives. The movement also supports the local population in the Arab region through annual donations gained through the attacks carried out around the world. Although the main cell for the movement is in Lebanon, the movement plans and executes its operations and attacks from the United States. The U.S. Department of State included this movement in the foreign terrorist organization (FTO) list in October 1997 as part of controlling their activities in the United States (Slogum 2013). The main ideology associated with this movement is enhancing Islam as a confident religion that promotes the achievement of justice an d human rights for every citizen. However, Hezbollah uses violence and terrorist activities in passing on their messages regarding their ideology, which portrays it as one of the most dangerous organizations around the world. Based on the organization’s ideology, the main objective of Hezbollah is to establish a Muslim controlled territory especially in the Arab region. According to the movement’s spokesperson, the group results in committing acts associated with terrorism due to failure in other means of communication between the countries in the Arab region and other western countries. This shows the organization’s commitment towards the terrorist activities, which include suicide bombing around the United States and other western countries. The FBI also associated Hezbollah with the 11th September 2001 attack carried out within the United States. This promoted initiatives from the U.S. government aimed at stopping terrorism in the country and in the Middle East region, which is the main hub of the terrorism cells (Broxmeyer 2004). Secondly, Hezbollah’s goals and objective within the United States is the moderation of national liberation for Muslim living within America. The group argues that the U.S. government discriminates against the Muslims in the country denying them the right to religion as stated within the constitution. This prompts the movement to advocate for liberation of the Muslim population through terrorism activities, which portray clear messages regarding Islam. One of the strengths attributed to Hezbollah is the leadership whereby the leaders of different cells around the world meet in South America for the election of their leaders. The main leader of the movement is Sheikh Muhammed Hussein Fadlallah who also acts as the spiritual father for the movement, as well as, the chief Mujtahid by ensuring a clear understanding of the Islamic law by every member of the movement. Based on the goals and objectives of Hezbollah within the Arab region, Sheikh Muhammed ensures support from other organizations and movement, which is a key strength for the movement. This leader controls the organization’s main cell in Lebanon but also helps in the co-ordination of other cells in other countries around the world especially in the United States. Sheikh Muhammed also helps in punishing offenders within the movement, which is a factor that enhances discipline among members of the movement towards the goals and objectives (Koà §ak 2012). The other main leader of the movement is Hassan Nasrallah, who is the secretary general for the movement. After the assassination of Abbas Musawi by the U.S. government, the leaders of different cells unanimously elected Hassan Nasrallah as the new secretary general. Based on the leadership structure projected, it is clear that the movement operates in secretive environment with the main decision making organ being the spiritual leader and the secretary general. In addition, it is also clear that the movement draws towards its goals and objectives attributed to the election of the spiritual father in a leadership position within the organization. When focusing on the funding of the movement, it is clear that it plays an important role in the operations, and attacks carried out by the movement. Most of the funding for the movement comes about from donations Shi’a Islamists who offer zakat after prayers. This contributes to 50% of the total funding for the movement most of which is used in securing equipment and weapons used in attacks (Koà §ak 2012). It is essential to note that this funding comes from the Arab region considering that the United States does not allow such collections towards terrorist activities. On the other hand, the mov ement also receives funding from the Islamic Republic of Iran through weapons and training sessions with the weapons transported to the United States through underground tunnels and stored in most of the control locations especially in South America. Hezbollah places significant importance on some of the major capabilities that contribute to the success of the attacks carried out by the organization. Based on the ban by the U.S. government on the movement, Hezbollah moved most of the physical bases from the western countries in the Arab region with most countries supporting the movement. However, the cells within the United States also act as support locations whereby members of the movement seek help in case of need. Hezbollah portrays an image of participating in Jihad, which is a Holy war within the Muslims, which has helped in the attraction of more people towards the movement (Goll 2011). This is clear from the number of personnel in the cell in the United States containing over 30,000 people, most of whom act as Jihadists for the Islam religion. As mentioned earlier, the main decision body the movement is the spiritual leader and the secretary general, who control the training programs for the movement. During the recruitme nt of new members of the movement, the leaders move to the physical bases where the training programs occur as a way of ensuring total commitment in the part of the recruits. According to a report released by the United Nations, Hezbollah receives donations of over $200 million annually and spends over $50 million in the acquisition of new communication technologies. However, the communication methods used during attacks depends on the priority of the attacks with the movement using complex communication methods in some of the high priority attack such as the 11th September 2001 attack against the United States. The complexities of the communication methods create a significant disadvantage for the U.S. government in terms of preventing the planned attacks. It is important to point out that most of the attacks carried out by the group target highly populated areas and military bases, which creates tension among people living within the United States (Goll 2011). Based on the training carried out in the physical bases, the U.S. Department of State argues that the movement uses suicide bombing in carrying out terrorist activities in the countries, which mak es it hard for the prevention. Hezbollah also employs the use of gun attacks whereby members of the movement, attack different planned venues and shoot innocent victims, as part of the mission towards passing on the message of liberation. Terror groups operations are mainly dependent on minimizing risks with the aim of achieving the greatest success. Terrorists evade a challenger’s strong point and focus on their weaknesses and their stress on exploiting security measure. This generally means the involvement of the smallest possible number of attackers to complete the operation with the most effective weapons at their disposal. The Hezbollah movement practices a detailed scheduling which can be adjusted depending on the operations requirements. For instance, the determination of the potential targets can continue for years before the operation is carried out. Some targets may be vulnerable enough to warrant shorter periods of observation. However, the information and data collection must be strong. Similarly, depending on the nature of the operation, operations in progress may be improved, deferred or annulled so that the operation does not fail. Under the Hezbollah movement’s planning and data collectio n strategies, tactical missions interlink so that operational objectives and strategic goals are realized. A detailed understanding of the target population is studied through psychological measures where informants are sent to the target site with the aim of getting the experiences of the populace. In case the targeted location involves experts, field agents are recruited and trained to work with companies and organizations operating from that target site. This helps the terrorist agents to be acquainted with the environment and identify the weak points, spare times and surveillance of security measures employed by the firms in the target area. In this light, the most practiced data collection programs include; physical surveillance, involvement of professionals working in the target areas, hacking into data storages of the government through agents in such agencies, practice/ routines/ procedures, not to mention transportation and route travel study. For a mission to be successfully completed and executed by the Hezbollah movement, collected data must be evaluated and studied by a group of strategists in the movement. This group includes professionals in various fields such as security, programming, finance and accounting management, logistics experts, and analysts. The process of data collection is entirely left to the low ranking recruits who, however, must be supervised by a senior ranking member. In most cases, the supervisor is only known by a few recruits for security reasons. The Hezbollah movement has recruited all over and in all fields. The movements target young workers in organizations and government agencies. The main reason for this choice is that such workers are desperate to earn extra money for their leisure activities, and the fact that they are easy to manipulate and blackmail. Given the fact that data collection does not require much experience or expertise, low ranking and new recruits are the most suitable c andidates to collect data and information regarding the operation. In most cases, the recruits are not aware of the real deal of the operation, they will innocently collect and deliver the information. In addition, where surveillance can be done through observation, for instance information regarding logistics and transportation routes and schedules, the organization may use more experienced informants since they are able to survey without leaving a trail or being noticed. Lastly, the pre-attack surveillance and data gathering should be collected by highly trained intelligence and surveillance personnel or members supportive of the terrorist cell. The pre-attack phase involves gathering information relating to the target’s current patterns whereby the attacking team approves information gathered from previous surveillance activities. This is very important as it helps in the identification of presumed and probable vulnerabilities. The Hezbollah movement practices a hierarchic al decision making structure with the leader being the highest. Presently, the leader of the movement is Sheikh Muhammed Hussein Fadlallah, who is not only a leader, but also the spiritual father of the movement. Under this structure, major decisions are made from one end while the day to day running of operations is carried from the other end. At one end of this internal scale of accountabilities, execution of operational tasks is clearly the role assigned to terror cells and operation groups. The other extreme consists of the executive group that has the primary responsibility for the development of the movement’s strategies and direction proclamations that map the overall direction of the movement. The executive group plays an essential part of the process of developing and appraising the movement’s policies and strategies in the continuing provision of updated knowledge and forecasting of future operation. The strategic intelligence applied by the Hezbollah movement is a very specific application of principles, and its main role is to assist the movement with operational decision making as well as strategizing on operations requirements. The main role of strategic intelligence in the Hezbollah movement is the need for support to understand and be able to counter the challenges and barriers enacted by various government agencies. Other strategies are; helping in the realization and development of successful operations, development of goals, objectives and operation matrices, the provision of open-sources as well as intelligence collection support and analysis. The movement has a wide network of intelligence analyst fetched from all probable professions. This makes the organization very effective when analyzing any operation not only for security but also for finance, logistics, and human power management. The team of experts also helps in the planning of emergency and fallback plans in case the operation fails when being executed. In conclusion, the collection of data and information by the Hezbollah movement is a very organized operation that is very secretive and well organized. This task is mainly conducted by low ranking personnel, but under the watch of experienced and trained experts. Once the primary data is collected a group of experts organizes it with the aim of identifying the strengths and weaknesses of their target. Once this is done, the movement rehearses the operation and at times this may be done on similar locations and target sites with the objective of further identifying any enforceable weak points in the operation. Prior to the operation, strategic intelligence surveillance is also practiced where a team of experts evaluates the plan in relation to the available information. This may lead to approval, delay or termination of the operation depending on the existing facts about the intelligence gathered about the operation. Lastly, the group practices the hierarchical management structure, where information is handled through the top-bottom flow. This structure plays a very significant role in enhancing security and protection of sensitive information. The recommendation for a policy maker is for the United States’ ideal objective in Lebanon should be to help them enhance and set up a free media that is reluctant to work with terrorists, facilities able to provide the primary needs for its people, and an audio financial system separate from Hezbollah’s â€Å"fraudulent taxation†. Secondly, they should determine a plan to help Lebanon develop a powerful financial system and discuss with Israel to reduce any stress. If army skirmishes do no quit, the risk of terrorism and financial growth will be unproductive to a flourishing Lebanese upcoming. Lastly, it is sensible to know that Hezbollah has started growing in the Southern United States and is economically cheering itself nearer to United States boundaries. Our plan creators need to be eager to the fact that Hezbollah is growing and getting its feet nearer to the United States’ boundary. Improving boundary protection is going to be a necessary countermeasure that stops enemy from falling though known factors of entries. The U.S. needs to be cautious to not to straight take part in an issue with Hezbollah. The last factor the U. S. Declares should do is worsening Hezbollah into a retaliatory condition. Instead the U.S. should ultimately use Southern United States and Center Southern nations to battle them for us. Additionally, for military performance enhancement and improvement, Hezbollah handled their community assistance and authenticity through the use of non-military indicates, with the supply of social services and governmental contribution probably playing an important role Hezbollah’s huge strategy. Most significantly for Hezbollah, the new approach led the Party of God out of their difficult ideal position in the late 1980s. The result of these connections between enhanced army and non-military indicates was an ideal success for Hezbollah. Israeli community assistance for the war decreased, eventually resulting in the Israeli drawback from Southeast Lebanon. Bibliography Broxmeyer, Eric. â€Å"The Problems of Security and Freedom: Procedural Due Process and the Designation of Foreign Terrorist Organizations Under the Anti-Terrorism and Effective Death Penalty Act.† Berkeley Journal of International Law 22, no. 3 (2004): 439-488. Dr. Habash, George . Terrorist Planning Cycle. A Military Guide to Terrorism in the Twenty-First Century. August 15, 2007. http://www.au.af.mil/au/awc/awcgate/army/guidterr/app_a.pdf (accessed March 15, 2014). Goll, Irene. â€Å"Environmental Jolts, Clocks, and Strategic Change in the U.S. Airline Industry: The Effects of Deregulation and the 9/11/2001 Terrorist Attacks.† Business Politics 13, no. 4 (2011): 1-37. Kang, Youn-ah , and John Stasko . Characterizing the Intelligence Analysis Process: Informing Visual Analytics Design through a Longitudinal Field Study . IEEE Symposium on Visual Analytics Science and Technology. October 28, 2011. http://users.soe.ucsc.edu/~pang/visweek/2011/vast/papers/kang.pdf (accessed March 15, 2014). Koà §ak, Murat. â€Å"Threat assessment of terrorist organizations: the application of Q methodology.† Journal of Risk Research 15, no. 1 (2012): 85-105. Slogum, Louisa. â€Å"OFAC, the Department Of State, and the Terrorist Designation Process: A Comparative Analysis of Agency Discretion.† Administrative Law Review 65, no. 2 (2013): 387-425. Sheehan, Ivan Sascha. Assessing and Comparing Data Sources for Terrorism Research. Springer Series on Evidence-Based Crime Policy 3, DOI 10.1007/978-1-4614-0953-3_2, 2012: 13-35. Straus , Susan G., Andrew M. Parker, James B. Bruce , And Jacob W. Dembosky. The Group Matters: A Review of the Effects of Group Interaction on Processes and Outcomes in Analytic Teams. National Security Research Division. April 2009. http://www.rand.org/content/dam/rand/pubs/working_papers/2009/RAND_WR580.pdf (accessed March 15, 2014).

Essay --

Jeff Leone The Colorado River â€Å"Don’t waste that water! Kids in Africa don’t even have water to drink!† Almost every American has heard this saying before. We have heard this because there are water shortages in third world countries like Africa, as seen in the movie â€Å"Blue Gold†. But why have we developed this notion that there are only water shortages in third world countries? When in reality, there is a shortage of water right here in our home country. The Colorado River’s water is high in demand as it serves millions of people, powers industries, and is home to all different kinds of wildlife. The Colorado River will not be able to keep up with the increasing demand of water and soon enough the river will go dry. Organizations like the Colorado River Water Users Association are trying to change the way that the water is used and adjust how it is managed. The Colorado River is drying up and the western states are running out of water, however, public policy is trying to regulate and preserve the Colorado River to make it more sustainable in the future. The Colorado River, which has so many uses and serves so many, is running out of water. The river delivers water and power to nearly 30 million people who live in the basin states. (River Uses) That includes people who live in Colorado, Arizona, Nevada, New Mexico, Utah, California, Wyoming and Mexico. In addition, the river is crucial to the economy because â€Å"throughout the seven basin states, the Colorado River provides water for people and for business and industry - creating jobs for millions, jobs that contribute to local economies and billions of dollars to the nation.† (River Uses) The river is also important as it provides irrigation to about 1.4 million acres of land for fa... ...ld 17.5 million acre-feet (5.7 trillion gallons) of water. However†¦ The river now averages about 14.7 million acre-feet per year† (National geographic) In addition, the water level of the rivers two largest reservoirs, Lake Mead and Lake Powell, have dropped over the past couple of years. (National Geographic) One of the biggest signs that the river is struggling is that it discharges little to no water to the sea for months at a time. (National Geographic) The Colorado River is on a path that will take it to its end. The river is running out of water and cannot keep up with the high demand. New technology and growing industries require more water and more power. Organizations are attempting to solve the problem through public policy but the task may prove too large. Humans have changed the coarse of nature and it is up to us to come together and fight for change.

Mcmurphy a christ figure Essay

Bromden and McMurphy are led to the electroshock room after they stood up for George, a fellow ward inhabitant, and assaulted the employees. As they anticipate the electroshock therapy, Bromden is nervous and afraid. However, McMurphy strangely expresses optimism despite the grave situation. The passage in which McMurphy gets prepared for the treatment clearly alludes to a martyr, specifically Jesus Christ. McMurphy even refers to himself as a Christ figure when he asks, â€Å"Do I get a crown of thorns?† McMurphy sacrifices himself for his friends in the wards. He gives up his own mind and life for Bromden, George, Billy, and the others so that they could have hope, a daring light breaking the austere darkness. Also, like Christ, McMurphy accepts his sacrifice with some sort of willingness, obligation, and tried optimism. Though McMurphy may not have been as polite as Christ would have (â€Å"Hooee, those Chinese Commies could have learned a few things from you, lady,† from McMurphy to Nurse Ratched), he admits his treatment somewhat graciously and definitely intrepidly. He sings and â€Å"makes their (employees’) hands shake,† certainly intimidating the workers, which is true of Jesus when his responses and reactions intimidate his executor, Pilate. Kesey presents McMurphy as a strong figure but still vulnerable to pain as the reader can observe after he receives multiple shock therapies. He endures them as optimistically as he can, but Bromden can see that they weary him, just like how the lashing wearied Christ. Most people know the history of Jesus Christ, so the reader can foretell the ending of the story using the apparent allusions in the passage. In conclusion, the story forebodes McMurphy’s inevitable and important death, similar to that of Christ’s. His sac rifice essentially breaks limits within the ward, and in the bigger picture, within society as well.

Inquirer is the leading broadsheet in the Philippines Essay

Inquirer is the leading broadsheet in the Philippines. In 2001, it launched Libre, a free tabloid distributed in the MRT-LRT area. It was an unprecedented move of a major daily giving away their newspaper on weekdays and recovering cost solely from advertising revenue. Visit the MRT-LRT site and discuss and explain your answers to the following: Background: Inquirer Libre (Inquirer Free) is a free, bilingual (Filipino and English) tabloid published in the Philippines. It is published by the Philippine Daily Inquirer and is considered a trimmed-down version of the Philippine Daily Inquirer that is distributed on public transport. It is available in all stations of LRT, MRT and PNR, WGA Eva Macapagal Port in Metro Manila, as well as selected branches of McDonald’s. Unlike other Philippine tabloids, Inquirer Libre seeks to provide commuters access to decent, useful and meaningful news and current events. The income generated from distributing Inquirer Libre comes from advertising. a.What was the underserved and unserved market Inquirer was trying to tap? Underserved – used to describe a place, market, etc. where fewer goods and services are available than there should be. Unserved – there is totally no goods and services available for the people. Answer: A. The Inquirer created first a market niches that identified the needs or wants of the target market that were poorly addressed or not at all by their competitors. These niches showed them the underserved and unserved market which was composed of the commuters of the MRT-LRT stations with 500, 000 average commuters per day, even greater than its intended capacity. It’s a very diversed public which includes students, office clerks, professionals, etc. who rode trains everyday in their way to school, work, and their destinations. This people were always in a hurry and therefore have no time to read the news. Their age ranges from 18-40 years old. B. There are many management concepts to choose from. For instance, core  competency espouses that the company’s assets or strengths be the unit of analysis while industry analysis advocates that competition be the unit of analysis. Then there is also market-driven strategy that promotes customers in the center of strategy while market-driving strategy focuses on underserved and unserved markets as unit of analysis for strategy. A popular concept, Blue Ocean Strategy, is considered a subset of market-driving strategy since it entails two additional requirements, other than new demand, that of creating differentiation and being low-cost. One critique about contemporary marketing practitioners is that they are actually market-driven strategists, who may not fully understand the principles, frameworks and concepts of market-driving strategy to grow the brand and the business long-term, hence, their tools are often short-term, brand switching tactics, designed to gain market shares. If the company’s reward system is aligned with desired strategic thinking, then market penetration, in addition to market shares, would have to be imposed by management as part of its key result areas. Without a market-driving strategy, a marketing plan focusing solely on the served market is incomplete as it risks losing the underserved or unserved markets, many times, even bigger than the current served customers. In Mansmith and Fielders Inc., market-driving strategy is defined as embracing innovative changes in the logic of industry and business system to grow its profit and industry’s demand from underserved and unserved markets. The goal is not incremental but strategic growth and has three different levels: level 1 is about a major change in value proposition more than a major change in business system; level 2 is about a major change in business system more than a major change in value proposition; while level 3 is about a major change in value proposition coupled with a major change in business system. Selecta ice cream by Walls is an example of level 1 market-driving strategy. Selecta is the dominant brand of ice cream in the Philippines, but it was not so a few years ago, as it was neck-to-neck with Nestle. Problematic with declining industry demand, the marketers went on to ask mothers what  they liked to serve during birthdays and what they actually served. The result of their insighting led them to launch Selecta’s 3-in-1 ice cream, combining three of the favorite ice cream flavors in a tub at an affordable price. With this huge success that turned around shrinking industry demand, they even extended to four flavors with 3-in-1 plus 1, wanting to own the term â€Å"3-in-1.† Meantime, Nestle was not able to immediately respond with the new value proposition of Selecta, as they did not have the technology to do 3-in-1. Mothers were happy they were able to serve what they really liked to serve, children were happy with each of their favorite flavors, while fathers were happy too with a cost-saving solution, improving not just company’s sales but also industry demand in the process, attracting many lapsed customers to return. Waters Philippines is an example of level 2 market-driving strategies where there is a major change in the business system more than the value proposition. (Disclaimer: Waters Philippines is owned by the author.) It markets Waters Bio Mineral Pot, a premium home water purifier—mineralizer—alkaline maker that is leader in its segment. Waters used to be sold in appliance and other retail stores on cash basis in the late ’80s and early ’90s; however, its growth was constrained with its inability to explain the product features and benefits of the high end products in stores. This led to stores requiring them to go on promotional sale, with the additional problem of the fixed cost of hiring its own promo girls and the automatic termination of these promo girls in five months just when their competency is peaking. Waters then decided to create its own independent direct sales force who were able to go direct to the customers (instead of waiting for them to go to the retail stores) to promote the product, backed with installment plans that nearly matches what consumers typically pay monthly for water delivered by their water refill stations. The installment plans allowed more affordability for the consumers while enhancing the business opportunity for its sales network. Today, Waters Philippines is expanding to Indonesia to tap into a bigger combined market. Inquirer Libre is an example of level 3 market-driving strategy, which saw a major change in value proposition coupled with a major change in business system. As the leading broadsheet in the Philippines, Inquirer wanted to broaden its readership base to include younger consumers, so in November  2001, it launched Inquirer Libre. The Inquirer’s mother brand gave the new tabloid-size newspaper immediate credibility among its train riders. Libre (meaning â€Å"free† in English) is a complimentary morning daily that is heavy in entertainment and with a lot of light, human interest articles designed to be read in 15 minutes. Instead of selling the newspaper, it gave away Libre for free. Instead of tapping newspaper dealers, it went straight to consumers by way of self-service pick-up stations, hence, avoiding traditional trade margins and sales returns (after all, it’s a free paper). Instead of showing half naked women targeting blue-collar workers, it decided to be a wholesome paper targeting the young white-collar workers. Hence, instead of the usual readers in their 30s to 40s, Libre readers are mostly in their 20s not known to be newspaper buyers. This is an example of category point-of-entry marketing that will eventually turn some of the current Libre readers to broadsheet readers in the future. As can be seen from above, the three levels of market-driving strategy help companies think strategically, looking beyond the value proposition to include their value chain—instead of plainly being better, it strives to innovate by being different. C. Many tabloids in the country have been operating for a long time on a formula of scandalous attention-grabbing headlines and photos of sexy girls on the front page. One tabloid, Inquirer Libre, decided to take a different route. Using market-driving strategies,Inquirer Libre presented its product differently while targeting a new market. As explained by marketing guru Josiah Go of Mansmith and Fielders, Inc., market-driving strategies, the latest buzzword in market orientation, call for a breaking of the rules and changing the value proposition or business system or both to grow profit and demand from new and marginal customers. (See previous post here.) Inquirer Libre is a morning tabloid featuring short news and feature articles that can be read in 15 minutes. However, Go points out that unlike the other tabloids, it is given for free at MRT stations. There are no photos of naked women; the total package is wholesome. The target market consists of office people in their 20s and 30s on their way to work. â€Å"Instead of tapping the  traditional newspaper dealers, Libre’s new channel is in the various train stations. This means no dealer trade margin and no sales returns,† says Go. Inquirer Libre also has a classified ads page that runs every Thursday, a new reason for the target market to read it. As a result of the market-driving strategies (give it out for free, go wholesome, go direct to the market at train stations, offer classifieds), Inquirer Libre is the leading free tabloid in Metro Manila and hit its ROI fast. Are you looking for a way to survive the cut-throat competition? Market-driving strategies may be the answer. A TOTAL of three—that was the number of enrollees R. A. Gapuz Review Center (RAGRC) had back in 1994 when they opened, offering review classes for those taking government board exams. But this did not deter founder Ray Gapuz from persevering in his then newly established business. Nowadays, their number of enrollees are in the thousands, so much so, that review and coaching sessions have to be scheduled in hotel ballrooms, mall cinemas and even big events places such as the Philippine International Convention Center and Araneta Coliseum. And get this—review classes are also beamed via satellite to other venues in the country. Of course, online review courses are also offered. Today RAGRC is the market leader among nursing review centers, getting the lion’s share of 40 percent of the market among 55 documented review centers, according to its website. Just how did RAGRC succeed? Josiah Go, marketing guru and chairman of Mansmith and Fielders, Inc., points to market-driving strategies applied by the company. â€Å"Market-driving strategies define how a firm will embrace innovative changes in the industry logic and business system to grow its profit and industry’s demand from marginal and non-customers,† says Go. To do this, innovations may be implemented in the value proposition (what the company may offer customers), the business system, or both. Here are steps RAGRC took to succeed: 1. Give a new value proposition by: – Offering an intensive 10-day review course at 8 hours a day aside from the traditional 6-month review course at 3 times a week. The shorter review course allows nursing graduates to find work while providing RAGRC faster turnaround. – Holding review classes in hotels and malls instead of cramped classrooms. – Presenting the curriculum according to diseases regardless of age to remove any duplication encountered when doing  it by specialization. This is well appreciated by the reviewees. 2. Innovate the business system by: – Going high tech and livening up review classes by holding it game show style and offering stimulating card games as reinforcement. This prevents boredom from setting in. Market-driving strategies are all about changing the rules of the game in order to attract new demand. They may just be what your company needs to be profitable and stay profitable. Josiah Go is conducting a seminar dubbed â€Å"Market-Driving Strategies: Executive Workout† on June 25-26 in Makati City and on July 14-15 in Cebu City. E-mail info@mansmith.net for details.

Mark Twain Quotes on Education and Schooling

Mark Twain Quotes on Education and Schooling The genius writer and father of American literature,  Mark Twain, was not educated beyond elementary school. His expresses cynicism toward the mediocre education system of this time in his quotes about education. He believed that schooling was different from education and learning. He warns us of the hazards of following the education system with blind faith. In Praise of Learning and Training Training is everything. The peach was once a bitter almond; cauliflower is nothing but cabbage with a college education. The man who does not read books has no advantage over the man that can not read them. There is nothing training cannot do. Nothing is above its reach. It can turn bad morals to good; it can destroy bad principles and recreate good ones; it can lift men to angel ship. Every time you stop a school, you will have to build a jail. What you gain at one end you lose at the other. Its like feeding a dog on his own tail. It wont fatten the dog. It is noble to teach oneself, but still nobler to teach others - and less trouble. A man who carries a cat by the tail learns something he can learn in no other way. Thousands of geniuses live and die undiscovered - either by themselves or by others. Learning softeneth the heart and breedeth gentleness and charity. Criticism of Schooling Education consists mainly of what we have unlearned. We have not the reverent feeling for the rainbow that a savage has because we know how it is made. We have lost as much as we gained by prying into that matter. God made the Idiot for practice, and then He made the School Board. Just the omission of Jane Austens books alone would make a fairly good library out of a library that hadnt a book in it. I never let my schooling interfere with my education. Everything has its limit - iron ore cannot be educated into gold. All schools, all colleges, have two great functions: to confer, and to conceal valuable knowledge. Mark Twain Quips on Specific Subjects The very ink with which all history is written is merely fluid prejudice. I dont give a damn for a man that can only spell a word one way. There are lies, damned lies, and statistics. Facts are stubborn, but statistics are more pliable. Classic. A book which people praise and dont read. I was gratified to be able to answer promptly, and I did. I said I didnt know. Why shouldnt truth be stranger than fiction? Fiction, after all, has to make sense. We could use up two Eternities in learning all that is to be learned about our own world and the thousands of nations that have arisen and flourished and vanished from it. Mathematics alone would occupy me eight million years. Many public-school children seem to know only two dates - 1492 and 4th of July, and as a rule, they dont know what happened on either occasion.

What Is Financial Aid How To Pay Less For College

What Is Financial Aid How To Pay Less For College SAT / ACT Prep Online Guides and Tips As college costs continue to rise, financial aid has become a necessity for most college students. Ideally, the listed cost of attendance won’t deter you from applying to or attending the college of your dreams. Knowing about the process will enable you to maximize the amount of financial aid for college you receive and prevent finances from becoming an impediment to reaching your college goals. In this article, I will define and explain the different types of financial aid that are available for college. Furthermore, I will explain how colleges determine your eligibility for financial aid, and I’ll offer you guidance and resources to make sure you know all the different types of aid available to you. What Is Financial Aid? Simply put, financial aid helps students and their families pay for college. Financial aid can cover all educational expenses including tuition and fees, room and board, books and supplies, and transportation. Financial aid can consist of grants, scholarships, work-study, and loans. How Do You Get Financial Aid? For the purposes of this article, I’m going to focus primarily on need-based aid. Need-based aid is financial aid that is awarded based on demonstrated financial need. Aid that may not be need-based includes private scholarships, merit scholarships, and athletic scholarships. Generally, the first step for getting need-based financial aid is filling out the FAFSA, the Free Application for Federal Student Aid. Also, most states and colleges require the FAFSA to receive state-sponsored and institution-sponsored aid. Additionally, some private scholarships like the Gates Millennium Scholarship require applicants to complete a FAFSA. Check the financial aid requirements for the schools you’re applying to. Some colleges have their own forms or use the CSS/Financial Aid Profile Form for non-federal financial aid. After you fill out the required forms, colleges will determine your eligibility for need-based financial aid. Following notification of your college acceptances, each college will send you a financial aid award letter outlining the amount and types of aid it’s offering you. 401K 2012/flickr How Is Your Eligibility Determined for Financial Aid? Within 3-5 days of filing your FAFSA (slightly longer if you don’t fill it out online), you’ll be able to access your SAR, or Student Aid Report. Your SAR is a summary of the information you provided on your FAFSA and includes an EFC, or Expected Family Contribution. Your EFC determines your eligibility for financial aid. The colleges you listed on your FAFSA will have access to your SAR and EFC. Colleges base your aid eligibility and offer on your EFC. What Are Some of the Specific Types of Financial Aid You Can Receive? Federal Grants Grants are a preferable type of financial aid for college because they don't needto be paid back. Essentially, grants are free money for college. You must submit a FAFSA and meet federal aid eligibility requirements to be eligible to receive federal grants. Pell Grants The Pell Grant is intended to help low-income students finance their post-secondary education. For the 2015-2016 year, the maximum Pell Grant award is $5,775. The amount of your award is based on your demonstrated financial need, which is determined from the information on your FAFSA. You can estimate the amount of your Pell Grant before you submit your FAFSA by using the Pell Grant calculator. Federal Supplemental Educational Opportunity Grants The Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduates with exceptional financial need. Again, need is determined from the information on your FAFSA. Unlike Pell Grants, there is only a limited amount of FSEOG money. Students who receive Pell Grants and have the most need get FSEOGs first. The FSEOG program is administered by the financial aid office at each school. Not every college participates in the program. You can check with a school's financial aid office to find out if it awards the FSEOG. The amount you can receive ranges from between $100 and $4,000 annually. The amount of your grant depends on your financial need, when you apply, the amount of other aid you get, and the availability of funds at your school. Teacher Education Assistance for College and Higher Education Grants The Teacher Education Assistance for College and Higher Education (TEACH) Grant is given to students who plan to pursue a career in teaching. As a condition for receiving a TEACH Grant, you must sign a TEACH Grant Agreement to Serve in which you agree to teach in a high-need field at an elementary school, secondary school, or educational service agency that serves students from low-income families.You must do this for at least four academic years within eight years after completing the course of study for which you received the grant. If you do not fulfill the agreement, your grant will be converted into a loan that has to be paid back with interest. The maximum award for grants disbursed between October 1, 2015, and October 1, 2016, is $3,728. If you're interested in the TEACH Grant, you should contact college financial aid offices to find out if theyparticipate in the TEACH Grant Program and to learn about the programs of study at eachschool that are TEACH Grant-eligible. Iraq and Afghanistan Service Grant The Iraq and Afghanistan Service Grant is for students whose parents were members of the US armed forces and died as a result of military service performed in Iraq or Afghanistan after 9/11. Here are the other eligibility requirements for this grant: You're NOT eligible for a Pell Grant on the basis of your Expected Family Contribution. You meet the other Pell Grant eligibility requirements. You were under 24 years old or enrolled in college at least part-time at the time of your parent's or guardian's death. The maximum award for Iraq and Afghanistan Service Grants disbursed between October 1, 2015, and October 1, 2016, is $5,382.30. Federal Loans Most students can't cover the full cost of attendance with grants and scholarships alone; they have to take out loans to help pay for their college education. Loans have to be paid back with interest. Federal loans are preferable to loans from private lenders because federal loans typically have lower interest rates and cost less to pay back. You must submit a FAFSA to be eligible for most federal loans. Perkins Loan The Perkins Loan is a government-backed, low-interest loan meant for students who demonstrate exceptional financial need. Perkins Loans are unique in that no interest accrues on these loans while you're in school. Also, the grace period for a Perkins Loan is 9 months versus the standard 6 month grace period of most other college loans. The grace period is the period after graduation when you won't be accruing interest on your loan. Direct Stafford Loan A Direct Stafford Loan can be subsidized or unsubsidized. For subsidized loans, the US Department of Education pays the interest on the loan while you're in school, during the 6-month grace period after you graduate, and during a period of deferment. You can only receive a subsidized loan if you demonstrate financial need, but any student whoattends a school that participates in the Direct Loan Program can receive an unsubsidized loan. PLUS Loans PLUS Loans are federal loans that graduate students or professional degree students and parents of dependent undergraduate students can use to help pay education expenses. You must not have an adverse credit history and must attend a school that participates in the Direct PLUS Loan Program to receive a PLUS Loan. The maximum PLUS Loan amount is the cost of attendance minus any other financial assistance received. All PLUS Loans are unsubsidized. Simon Cunningham/flickr Additional Loans and Grants States and individual colleges also award grants and loans. You can look up state financial aid programs or contact college financial aid offices to learn more about state-sponsored and college-sponsored financial aid programs. In general, federal Stafford and PLUS loans are preferable to private loans, but private loans are another option if you don't receive enough federal aid. However, federal loans tend to be cheaper and have a fixed interest rate, which means that the rate you’re quoted will not change for the lifetime of the loan. Work-Study The federal work-study programis a need-based program in which the government will subsidize wages for on-campus jobs. Basically, if you're eligible for work-study, you can get an on-campus job to help finance your education. Certain on-campus jobs are only offered to work-study students, and the wages can be relatively generous. Eligibility for work-study is determined through the FAFSA and the other financial aid forms required by your college. Tuition Benefits Some employers offer tuition benefit programs for employees or their dependents. Employers will pay a designated amount of your college tuition through these programs. Check with your employer or your parents' employers to see if they offer any tuition benefit programs. Tax Credits A tax credit will reduce the amount of income tax you or your parents have to pay to help ease the burden of financing your education. The American Opportunity Credit The American Opportunity Tax Credit allows you or your parent to claim up to $2,500 per student per year for the first four years of school as the student works toward a degree or similar credential. The Lifetime Learning Credit The Lifetime Learning Credit allows you or your parent to claim up to $2,000 per year per student for any college or career school tuition and fees. It can also be usedfor books, supplies, and equipment that were required and had to be purchased from the school. Scholarships Like grants, scholarships are free money that is given to you to help finance your education. Scholarships can be awarded based on financial need, extracurricular activity involvement, or academic achievement. Army Recruiting/Flickr Athletic Scholarships If you're a recruited athlete, you may be given a scholarship to participate in sports for your college. Ivy League and NCAA Division III schools don't award athletic scholarships. Merit Scholarships Many colleges will provide scholarships if you have stellar academic credentials. The most selective colleges are less likely to award merit scholarships because the vast majority of students has excelled academically. Also, some colleges will offer scholarships for an extracurricular activity like cheerleading or the marching band. Private Scholarships There are tons of private scholarships available to help pay for college. Each one has different requirements. Some are based on merit. Some are based on financial need. Some are based on your background, affiliations, or extracurricular activities. Some are very unique. You can search for scholarships at College Board’s Big Future. Also,Fastweb is another good site to find scholarships. Military Scholarships Additionally, there are ROTC scholarships and scholarships sponsored by veteran services organizations. Furthermore, the GI Bill can help finance the educations of military service members and their immediate families. How to Maximize Your Financial Aid for College Make sure you submit your FAFSA and any other required forms by the appropriate deadlines. Search and apply for scholarships. Check with the financial aid departments at the colleges you’re interested in attending to see how scholarship awards can affect your need-based financial aid. If you’re hoping to receive an athletic scholarship, be proactive in the college athletic recruiting process. Contact college coaches, make a highlight video, and if possible, attend camps that allow you to showcase your athletic skills to college coaches. I alsorecommend checking out studentaid.gov to learn more about the different types of federal aid, how to apply for them, and the eligibility criteria for federal student aid programs. What's Next? Now that we've answered the question, "what is financial aid?" learn more about specific ways you can get financial aid. If you're an undocumented immigrant,you can't submit a FAFSA or receive federal financial aid, but you can still get financial assistance for college. Also, find out how to win a National Merit Scholarship or scholarships based on your SAT/ACT scores. Finally, check out this post about how to pay for college without loans. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

ACT Study Guide Schedule and Plan for One Year or More

SAT / ACT Study Guide Schedule and Plan for One Year or More SAT / ACT Prep Online Guides and Tips You're serious about studying for the SAT. You have a year or more to study, and you want to put a real effort into it. Is studying this much worth it? What are the payoffs? And most importantly, what's the best way to study for the SAT / ACT on the year-or-more level? This post answers those questions! First, let's get a couple of important questions out of the way. Is Studying for a Year or More Worth It? Who Should Use This Guide? The short answer: yes, it's absolutely worth it. We know from recent studies that a 105-point increase on your SAT score (equivalently, 1.5 points on your ACT score) doubles your odds of getting into a given college. If you had a 10% chance of getting into Harvard before, it increases your chances to around 20%. And a 105 point increase can be obtained in a few dozen hours. This means that even if you're studying 100 hours for the SAT / ACT, those 100 hours are doing much more to increase your chance of getting into college than, say, sports or clubs. A study schedule of a year or more is definitely worth it for students who care about getting into the best colleges. How Many Hours Do I Need? How Far Ahead of Time Should I Start? If you're starting your studying a year or more before you take the test, plan to spend at least a hundred hours or more. As this SAT / ACT study schedule planner suggests, you don't want to study too few hours when you start far ahead. You should also begin studying so that you aim to take the test junior year fall (I'll explain more below). If you're planning a year to study, start during the winter or spring of your sophomore year. If you're on the more aggressive schedule of studying for a couple of years, you want to get started at the end of freshman year. Want to improve your SAT score by 160 points or more? We've put our best advice into a single guide. These are the 5 strategies you MUST be using to have a shot at improving your score. Download this free SAT guide now: Why Aim to Take SAT / ACT in the Fall of Junior Year? Many students aim to take the SAT / ACT junior spring or senior fall. But as an advanced student, if you really care about the SAT / ACT, your goal is to optimize everything about your studying. Optimizing the test date means taking it early. Why take the SAT / ACT so early? Because you want buffer space in between tests. If you don't do well junior fall, you'll still have two more chances junior spring (March and May for the SAT, February and April for the ACT) and won't have to run into summer after junior year and senior fall for testing. This is a huge advantage because you'll have all that time to focus on applying to college. And trust me, from my personal experience, you'll need that time. Think about it this way: what's the harm in taking the tests one month earlier than necessary? Okay, you stress one month earlier, and maybe you take the test with one less month of education. This is really not a large loss. What's the harm in taking it one month later than necessary? Last minute application scrambling, prep courses, and tons of stress. Take the safe bet: aim to take the tests junior fall. The First Step Okay, so you're aiming to test in junior fall, and you have around a year or more - this puts you at sophomore year or younger (if not, follow our guides for more moderate studiers). If you're starting earlier, just stretch the dates in this guide out evenly, like a rubber band. September of Sophomore Year The first thing you want to do is take two practice SAT / ACTs. Use real SATs or real ACTs. The first SAT / ACT you take, do not time yourself. You can break it into multiple pieces. Focus on readingall the instructions and the fine print. Also, focus on understanding the question and not the time pressure. If you've already taken a few SAT / ACTs in the past, you can skip this first test. Reflect on the main features of the test. Are there strategies you can already see without being told? What do you think are some tricks you can use to solve questions? (If you're using PrepScholar, we tell you this automatically). After this, take the test a second time, but follow the timer strictly. Then reflect on how time pressure changes things, and what you must do to counter this. With this second test, you also have a sense of what your mistakes are. For each mistake, write down two reasons you made it, like "carelessness" or "didn't know quadratic equation." Then, tally up the reasons and brainstorm ways to study for them. (If you're using PrepScholar, this tally analysis will be done for you automatically). These two tests will also prepare you well for the PSAT, which happens in October of sophomore year (see the PSAT timeline here). November of Sophomore Year You now have a list of major errors and how to study for them. For example, you might find yourself forgetting grammar rules, and so you'll spend 10 hours memorizing the most commonly tested grammar rules on the SAT. Or you might find that you don't know quadratic equations, and spend 10 hours reviewing them. You'll want to prioritize your content issues first. Content issues are those with fundamental knowledge of math, reading, writing, science, and so forth. These are things like what subject verb agreement is, trapezoids and their properties, and so on. Content issues are the hardest to forget, so studying early has an advantage. These issues are also the most the scalable: even if you dump a lot of time into fundamental content, you'll continue to improve as you know more of it. In fact, if you are scoring under a 1330 on the SAT or a 30 on the ACT, most of your gap is simply due to missing fundamental content. So make sure your foundations are strong. When exactly to take the next step depends on both your time budget and how much fundamental content is missing. If you're scoring, say, 1000 on the SAT or 18 on the ACT, and are budgeting over 200 hours, then the above steps should really be started earlier. The schedule here assumes you're studying 100 hours and already have a 1330 on your SAT / 30 on your ACT for the next step. March of Sophomore Year At this point, you want to shift towards strategy. Repeat the September analysis: do a timed test and see which questions are losing you points. However, this time notice where you're going wrong with strategy and test tactics instead of content. Notice when you run out of time, or make a careless mistake. Notice if you've rushed too much in one section versus another. Now come up with a few ideas to attack your strategic flaws (or if you're using PrepScholar, we come up with these strategies for you). Test out your plan by doing a few sections at a time. Do these new strategies you've thought up work? Iterate on these strategies, and repeat until you get your strategy down. At this point, ask yourself, are you getting the score you want for your school? If so, you can take it a bit easier (but still continue on). Otherwise, consider budgeting more time for studying. Bonus: Want to get a perfect SAT or ACT score? Read our famous guide on how to score a perfect 1600 on the SAT, or a perfect 36 on the ACT. You'll learn top strategies from the country's leading expert on the SAT/ACT, Allen Cheng, a Harvard grad and perfect scorer. No matter your level, you'll find useful advice here - this strategy guide has been read by over 500,000 people. Read the 1600 SAT guide or 36 ACT guide today and start improving your score. Summer before Junior Year This is Round Two of your studying. Repeat the September to March process: find more fundamental content weaknesses, and then look again for strategic weaknesses. Why split the process into two rounds? First, it increases your creativity - you may come up with strategies the second time around that you missed the first time around. Also, the strategies you use in the end will depend highly on your final performance. If you're scoring in the 800/1600 range on the SAT, skipping questions is key. If you're scoring 1270/1600, you can barely afford to skip any questions. By criss-crossing your studying this way, you get a better idea of your final score earlier on. Fall of Junior Year Sign up to take the first SAT or ACT of the year, usually August or September, respectively. Make sure you have a strong final week leading up to the test date. Before you take the test, estimate yourexpected "interquartile range." Suppose you expect there's a 75% chance you'll do better than a 900, and a 25% chance you'll do better than a 1000. Then your interquartile range is 900-1000. The Rest of Junior Year Take the SAT or ACT and then see what your score is. On your first test, if you score lower than the top of your interquartile range, plan to take it again in two months (likely December), following a shortened version of the study plan from the summer before your junior year. If your second score is less than the middle of your interquartile range, try once more in another 2-3 months, likely in February or March. Finally, if your third score is less than the bottom end of your expected interquartile range, try one last time, likely in June. Remember, taking the SAT / ACT more often is generally better for you, especially if you're scoring lower than you expected! Conclusion The above guide is a comprehensive way to study well for the ACT or SAT given 100 hours and 1 year or more of study time. The main theme is tallying up your mistakes and coming up with strategies to focus on them. If you want a system that automatically does this tracking and scheduling for you, check out our PrepScholar software. It comes with a free trial! Want to learn more about the SAT but tired of reading blog articles? Then you'll love our free, SAT prep livestreams. Designed and led by PrepScholar SAT experts, these live video events are a great resource for students and parents looking to learn more about the SAT and SAT prep. Click on the button below to register for one of our livestreams today!

Not Specified Essay Example | Topics and Well Written Essays - 1500 words

Not Specified - Essay Example On the other hand, when there is high capital resource then more investments could be made to set up the best production procedures and service provision systems, to enable them offer nothing but the best products to the consumer hence helping them build a strong customer base. It is however also important to notice that, the existence of these things such as capital and human resource which is seen as the basis of success and growth of a firm by many people would be useless when there are no consumers to consume the products or services been produced. In other words, it is the existence of consumers which determines whether or not the large human and capital resources possessed by a firm is needed or not. When firms are able to build a strong and established customer base, these customers help these firms to produce new and innovative products and services as a result of been able to identify some other needs of their customers and capitalizing on the trust built in them by their customers as a result of the long lasting relationship between the firm and its customers. Apart from these established customers leading or helping a firm to produce more innovative products, they can also help in improving already existing ones. From the article, you would realize that Hercules business as a result of supplying its military customers with explosives, gave them a good insight into the activities of their established customers, helped them in analyzing and figuring out some other needs or things their established customers need to be supplied with or use in their operation. This lead to the production of new companies such as the turpentine and pine oil and these products immediately after been introduced into the market had ready consumers for them since its production was motivated by the needs of some customers. This is

Why did the early church grow so rapidly and what impact did this Research Paper

Why did the early church grow so rapidly and what impact did this success have on the church - Research Paper Example A good number of early religious believers and evangelists were stoned to death while others were imprisoned for failing to renounce their belief. However, despite of the endless critics and attempt to exterminate Christianity, the religion survived all attempts to get rid of it existence and is at present the leading religion in the world in terms of followers, wealth, and infrastructural development1. Just like in any other part of the world, Christianity in South Korea faced infinite resistance and denunciation from a section of the country’s population. However, the development of Christianity in South Korea was to a great extent facilitated by the support from the country’s elites and a good section of members of the general public. In the field of religious study, the research on growth and development of churches in South Korea is one of the most interesting and less studied topics. In addition, the South Korea churches are commonly known for their expansive grow th and adverse number of mega churches. The number of protestant followers has in the last few years grown significantly and is current more than 30% of the total South Korean population. Most religious believers are however for the view that, the development and growth of churches in South Korea and in the entire world is greatly facilitated by the work and power of the Holy Spirit. Scholars and thinkers hold different opinion on the factors that contributed to the significant growth of Churches in the world and especially in South Korea. According to modern scholars, contemporary development of churches all over the world is a contribution of cataclysmic economic, social, and political crises in the world. Others facets recognized for the success of Christianity are the contributions of indigenous religious tradition. The paper therefore focuses on the causes of early rapid growth of churches in the world and its impacts on churches. The essay will also seek to evaluate the lesson learnt after the 20th century Korean experiences. The utmost rationale behind the rapid development of churches was its appeal to the masses. Most of the people who were transformed to Christianity were Gentile as opposed to reformed Jews. Initially, Christianity started as a small group in Jewish community. The expansion of Christianity believers was however accelerated by consistent transformation of Gentiles into Christianity. The Gentiles were unwilling to accept Judaism due to its Strict Kosher Dietary Laws and their circumcision practices. Christianity lacked strict laws therefore it was more applying to the population at that particular historical time. The increase in the number of Christian followers therefore led to construction of more churches in the world and most specifically in areas that were densely occupied by Gentile community2. Christianity accommodative teachings were as well associated with rapid growth of churches in the world. The perception that, all people are equal in the eyes of God played an incredibly decisive role in the spread of Christianity in the world. At this historical period, people were divided into several classes according to their wealth and power. Christianity promised and preached equality to everyone in the society. Additionally, there were significant similarities in beliefs and practices between pagan religion and Christianity. As a result, Christianity incorporated approximately the entire pagan beliefs. The identification of correspondences between

Why Is Philosophy Valuable Essay Example | Topics and Well Written Essays - 750 words

Why Is Philosophy Valuable - Essay Example It characteristically aspires to something quite a bit more ambitious than the rhetorical and political, and presumes to be based on something considerably more substantial than mere assertion. Philosophical investigation is driven by a passion for things like insight, understanding, and truth. Philosophy is thus founded in the human need to make sense of the world and our place in it. What distinguishes it from mere personal opinion and credulity is its rejection of passionate convictions as sufficient grounds for belief and action, and its commitment to careful analysis and systematic reasoning (Granitto n.d.). Philosophy is the discipline which allows a person to be able to think rationally and irrationally. Philosophers are inveterate askers of questions, people who find intractable problems and issues in what to others seems obvious and utterly uncontroversial. It is not for no reason that the philosopher has been considered (to put it politely) a gadfly. So to approach the stud y of philosophy with the expectation of finding a coolly dispassionate endeavor governed by strict laws of logic and marked by widespread agreement on fundamental issues is to seriously misunderstand its nature and underestimate its difficulty. Philosophy is no mere marshaling of views, no purveyor of irrefutable, absolute truths. It is, rather, a messy and disquieting process in which cherished beliefs and comfortable assumptions are subjected to critical scrutiny. Both philosophy and criticism seek to educate sensibilities and enhance critical awareness, endeavors that, it should be noted, ultimately reduce esteem for the pedestrian and the commonplace. Criticism usually draws liberally on philosophical convictions, while philosophy can and frequently does seek to examine specific practices. Any academic discipline that teaches how to think rationally is valuable and worth studying. Yet it is hardly possible to engage in criticism without employing, beliefs as to what constitutes good or proper thinking: beliefs whose formulation and examination are explicitly philosophical undertakings. Philosophy's historical perspectives are no more lodged in some remote and distant past than acclaimed practices critics continue to enjoy centuries after they were created. Philosophy's voices continue to speak to us, and they have a great deal to say if only we try to understand their assumptions (Minton and Shipka 1990). Philosophy is valuable as the decisions and actions that shape philosophical practices are undertaken without such scrutiny. Such practices are likely to be haphazard and considerably less effective than we might hope. Even more to the point, they may inadvertently serve ends quite different from those we envisage. One's choice, in other words, is not so much between doing and reflecting as it is between practice that unthinkingly replicates an unexamined status quo and practice guided by critical awareness of carefully considered ends. Anyone interested in thinking who commits to systematic reflection on that interest engages in activity that is to some degree philosophical. Accordingly, the question is not whether to engage in it, but how to do it well. And we would do well to remember that there is more than one way to do it well. It is sometimes claimed that among philosophy's benefits is its capacity to inspire, to instill in people a

Globalization In Education Essay Example | Topics and Well Written Essays - 750 words

Globalization In Education - Essay Example United States of America enjoys a very high rate of literacy. This is supported by effective education system and the global nature of incumbent. This makes it easy for the locals as well as the foreigners who turn to States for educational purpose. Overall the beneficiary of this situation is the educational sector and the economy of the nation. The overall global nature of the world is contributing to the globalization of education in its own right. Since the fast paced world has made it easy for students and communities to travel between places, as a result education sector has benefited from it equally. In present day, the American schools and colleges depict a scene that was not common before. Multi ethnic background holders are part of every class and education is imparted to them without any subjugation and discrimination. The traces of educational sector globalization and efforts made towards its promotion and implementation in the American educational system can be traced to the early days of 19th century. The overall attempt was inspired by European efforts. The global nature of education system in United States has made the overall curriculum more dynamic and challenging for the students at the same time. However this challenge makes it more vibrant and compatible for the challenges of 21st century. Globalization of education also puts more emphasis on seeking of education and enrolling the children into the schools and colleges. American education system’s long run secret can possibly be attributed to the policies adopted and the globalization inducted in the system. As a result of globalized nature of education, new technology is an integral part of the overall education system. Classes are equipped with devices and machinery that were never imagined. This has made the process of learning more interesting. As a result the students have become more responsive at the same time. As a consequence the scope of available

Religious Life of Planet Earth Essay Example | Topics and Well Written Essays - 750 words

Religious Life of Planet Earth - Essay Example Finally, in traditional ceremonies, people from Ghana in Africa were noted to consult with traditional priests who act as the link between people and their gods (Brahm, 2005). This indicates the existence of some religion that makes people believe that these priests represented them before a higher power. The place of religion among the societies in the Earth would be said to be complex, fitting into social organisation as a whole and dominantly functioning in each of its part. Religion plays a critical role in fulfilling psychological needs. It helps human beings confront death and explain it. It relieves them of anxieties and fears of the unknown. During life’s crises such during serious illness, humans would turn to religion to ease their stress. It guides humans in making life’s decision, making them know what to do and at what time, thus providing the much needed psychological relief. Religion also serves to fulfil the social needs of human beings. It reinforces gr oup norms hence bringing about social homogeneity. This uniformity of belief plays a critical role in reinforcing group identity and binding people together. Hamilton (2010) further notes that religion sacralises norms and by promoting group goals, it makes social order legitimate. It plays a major role in giving identity. Finally, the social control function of religion has been appreciated, defining what would be considered as wrong or right. Rightful actions earn approval from gods while wrongful actions could cause supernatural retribution. For example, Quran, the sacred text of Islam provides a list of crimes which if committed would lead to punishment and describes mundane tasks such the specific foods to eat. Nonetheless, there have been other... The place of religion among the societies in the Earth would be said to be complex, fitting into the social organization as a whole and dominantly functioning in each of its parts. Religion plays a critical role in fulfilling psychological needs. It helps human beings confront death and explain it. It relieves them of anxieties and fears of the unknown. During life’s crises such during serious illness, humans would turn to religion to ease their stress. It guides humans in making life’s decision, making them know what to do and at what time, thus providing the much needed psychological relief. Religion also serves to fulfill the social needs of human beings. It reinforces group norms hence bringing about social homogeneity. This uniformity of belief plays a critical role in reinforcing group identity and binding people together. Hamilton (2010) further notes that religion sacralizes norms and by promoting group goals, it makes social order legitimate. It plays a major r ole in giving identity. Finally, the social control function of religion has been appreciated, defining what would be considered as wrong or right. Rightful actions earn approval from gods while wrongful actions could cause supernatural retribution. For example, Quran, the sacred text of Islam provides a list of crimes which if committed would lead to punishment and describes mundane tasks such the specific foods to eat.Nonetheless, there have been other interpretations of religion that goes against the functionalist approach.

Mitochondria, Chromosome, and Plant Structures Assignment

Mitochondria, Chromosome, and Plant Structures - Assignment Example The outer membrane can fuse with Endoplasmic Reticulum to form Mitochondria associated ER- membrane that helps in calcium signaling and lipid transfer. b) The intermembrane space is the region between the outer membrane and the inner membrane. Due to the permeability, of the outer membrane, the concentration of sugars and ions in the intermembrane space should be similar to that of the cytosol (Stansfield 89). The main function of this compartment is oxidative phosphorylation. c) The inner membrane contains a lot of proteins that perform different function. It has a very high protein to phospholipid ratio of 3:1. The proteins in this compartment include ATP synthase that produces ATP in the matrix, transport proteins that control the passage of metabolites in and out of the matrix and those that are involved in oxidative phosphorylation. d) The cristae are numerous compartments in the inner mitochondrial membrane. It is studded with enzymes such as ATPsynthase and cytochromes (Stansfield 92). Their function is to expand the surface area of the inner mitochondrial membrane to facilitate for better production of ATP. e) The matrix is a component of the mitochondria that is enclosed by the inner membrane. It contains most of protein in a mitochondrion. This compartment is important in the generation of ATP. There are numerous enzymes, mitochondrial DNA and mitochondrial ribosomes contain in the matrix. 2) Chromosomes are well arranged structures of DNA and protein found in the cells of most living organisms. During the life of a cell, chromosomes elongate and are easily visible under a microscope. Before a cell divides through mitosis, each chromosome duplicates during the S phase of cell cycle. a) On the onset of mitosis, the duplicate chromosomes condense into short structures called dyads. The chromatids condense to about 5 Um in the metaphase. The chromosomes assemble on the metaphase plate that is equidistant to the poles (Stansfield

Religious Life of Planet Earth Essay Example | Topics and Well Written Essays - 750 words

Religious Life of Planet Earth - Essay Example Finally, in traditional ceremonies, people from Ghana in Africa were noted to consult with traditional priests who act as the link between people and their gods (Brahm, 2005). This indicates the existence of some religion that makes people believe that these priests represented them before a higher power. The place of religion among the societies in the Earth would be said to be complex, fitting into social organisation as a whole and dominantly functioning in each of its part. Religion plays a critical role in fulfilling psychological needs. It helps human beings confront death and explain it. It relieves them of anxieties and fears of the unknown. During life’s crises such during serious illness, humans would turn to religion to ease their stress. It guides humans in making life’s decision, making them know what to do and at what time, thus providing the much needed psychological relief. Religion also serves to fulfil the social needs of human beings. It reinforces gr oup norms hence bringing about social homogeneity. This uniformity of belief plays a critical role in reinforcing group identity and binding people together. Hamilton (2010) further notes that religion sacralises norms and by promoting group goals, it makes social order legitimate. It plays a major role in giving identity. Finally, the social control function of religion has been appreciated, defining what would be considered as wrong or right. Rightful actions earn approval from gods while wrongful actions could cause supernatural retribution. For example, Quran, the sacred text of Islam provides a list of crimes which if committed would lead to punishment and describes mundane tasks such the specific foods to eat. Nonetheless, there have been other... The place of religion among the societies in the Earth would be said to be complex, fitting into the social organization as a whole and dominantly functioning in each of its parts. Religion plays a critical role in fulfilling psychological needs. It helps human beings confront death and explain it. It relieves them of anxieties and fears of the unknown. During life’s crises such during serious illness, humans would turn to religion to ease their stress. It guides humans in making life’s decision, making them know what to do and at what time, thus providing the much needed psychological relief. Religion also serves to fulfill the social needs of human beings. It reinforces group norms hence bringing about social homogeneity. This uniformity of belief plays a critical role in reinforcing group identity and binding people together. Hamilton (2010) further notes that religion sacralizes norms and by promoting group goals, it makes social order legitimate. It plays a major r ole in giving identity. Finally, the social control function of religion has been appreciated, defining what would be considered as wrong or right. Rightful actions earn approval from gods while wrongful actions could cause supernatural retribution. For example, Quran, the sacred text of Islam provides a list of crimes which if committed would lead to punishment and describes mundane tasks such the specific foods to eat.Nonetheless, there have been other interpretations of religion that goes against the functionalist approach.

Financial Statement Analysis Assignment Example | Topics and Well Written Essays - 5000 words

Financial Statement Analysis - Assignment Example he financial information and data used for the analysis is extracted from the financial website () and published annual reports of the company for the period 2010-2013. The findings are presented on the basis of the profitability financial ratios (indicators) that are used to determine the financial position and performance of the selected companies in the hospitality industry of UK. The main objective of the study is comparing the performance of the main company with its major competitors in the industry. The financial analysis of the competitors allows determining prevailing trend in the industry that provides an insight of the performance of the company among its competitors. The structure of the present report is outlined as below: Intercontinental Hotel Group is an American brand of luxurious hotel operating more than 183 hotels and resorts over sixty countries worldwide. It was initially established by Pan American World airways’ in Brazil 1946. However, Intercontinental Hotel Corporation was then sold to Grand Metropolitan in 1981 in United Kingdom. In addition, the company operates more than 4,000 franchised hotels in different countries (InterContinental Hotel Group PLC, 2014). In 2013, the World Travel Awards awarded Intercontinental Hotels & Resorts as the World’s Leading Hotel Brand 2013. Intercontinental Hotels and Resorts operate under different portfolios to meet diverse needs. The core competency of the company lies in its high quality growth that has addressed the needs and developing strong relation with its customers (InterContinental Hotel Group PLC, 2014). The company has sustained it edge in the industry through adaption of technology, strategic alignment and market demand that has positioned the company a major structural hotel to anticipate socio-economic trends. Despite slow growth in the GDP of United Kingdom and consumption patterns in recreational sectors, the company has strived to attain strong market position in United Kingdom

Agency Theory Versus Stewardship Theory Accounting Essay

Agency Theory Versus Stewardship Theory Accounting Essay Jensen and Meckling (1976) defined an agency correlation as a contractual set-up under which the business owner or the principal engaged a manager or the agent to execute some service on his behalf and may usually entail some decision making exclusively by the agent. The agency theory revolves on the basic proposition about humans, which deals with principals and agents as self-oriented focusing on exploiting their personal advantage (Corbetta and Salvato, 2004; Chua, Steier and Chrisman, 2006). Shleifer and Vishny (1986) explain the agency context in which the financiers needed the agents specialization to obtain maximum returns from their funds, meanwhile the managers since they do not have enough capital on their own would utilize the finances of its principal. Agency theory described managers as opportunistic (Wasserman, 2006) by seizing its optimum advantage for his appointment and role as the mover in the firm for its own benefit, at the expense of the principal (Shulze, Lubatk in Dino, 2003). Both parties goal is to gain that personal advantage in every way possible with the least outlay and expenditure. These expenditures are defined as agency costs (Jensen and Meckling, 1976). This is the total of cash outflows made by the principal for its organization be it in budget proportions, auditing, or employee honorariums; the expenses incurred by the agent for income generating projects and the marginal loss due to the decline in the expected income of the principal as caused by the resulted deviation of motives between the agents resolution and the main goal of the principal to obtain maximum returns from its investments. Thus, high conflicting of interests between the principals and agents that resulted from information asymmetry is the main statement in an agency theory (Davis, Schoorman and Donaldson, 1997). Asymmetry of information between the two parties is displayed when the manager align his capabilities with the expected outcome, result and rationality of the princip al (not knowing his own abilities) leads to satisfying decision-making on the part of the principal while this is an example of adverse selection for the agent (Karra, Tracey and Phillips, 2006). More often than not, this leads to a number of non-satisfactory overall performances of the manager which will in due time lead to the destruction of the firm and the reputation of the agent (Jensen, 2004). As well as for the principals, their incapability of selecting candidates that acts appropriately in all circumstances are proofs of adverse selection. The outcome always entails an ambiguous job description on both parties. Nevertheless, there are still some factors that the agency theory fails to point out, other than motivational or self-gratitude. These maybe are the intrinsic inability or low ability, poor knowledge on business and misinformation of agents that resulted in their failure to deliver high performance for their principals (Davis, Schoorman and Donaldson, 1997). Moral hazard as described by Chrisman, Chua and Litz (2004) is another agency problem confronted by the corporate governance. Its another kind of opportunism which includes utilizing, seizing and assuming all extra benefits from a delegated authority to rule in behalf of the principal. Since it is difficult for the principal to monitor agents, this authority is undeniably has a chance of being abused or misused by the managers. This problems solution is to adapt a good monitoring system and internal self-governance by the principal which entails agency cost (Eisenhardt, 1989). As discussed by Berle and Means in 1932, a company does not behave based with the conventional model in which the agents must act in the best interest of the owners of the firm. Most likely as a consequence, the principal then would guarantee that the managers would act in their best interest. The idea of formulating a contract is relied upon by the agency theory to align the motives of both parties concerned. The goal is to balance the intention by allocating maximized values for shareholders and added incentives and benefits for the managers. Committee audits and performance evaluations by the board may act as effective authority tool for monitoring and scrutinizing potentially opportunistic agents (Mustakallio, Autio and Zahra, 2002). This internal governance system as a solution to ensure the compliance of the agents bounded by the contract will simultaneously be given to a non-executive sect who will be composed of auditors, supervisors and other structural arrangements. This non-executive part of the ownership structure serves as the middle man interconnecting the principal and the agent having a role in monitoring, thereby extending an enormous effect in the change or variation in control (Denis, 2001). In relation to corporate governance, legitimate actions against deceits and other modes of fraudulence may provide some fortification on the part of the principal. Economic analysis suggests that incorporating these solutions to the firm may considerably eliminate opportunism. But there are still factors that need to be considered in this special structure of the firm that is created for internal governance of which other forms of opportunism may arose in those entrusted with responsibility to check on the managers of the firm. The study made by Yermack in 1999 suggests that the board particularly its composition as an authority to monitor managers has an effect on the governance mechanism. The study on the effect of small board of directors in a company got the significant result that there is a positive correlation of this small size to greater market valuation of a company. Meanwhile, Hannifa and Hudaib (2006) stands with the result of Yermack showing results based on more than 300 companies listed in Malaysia which proposed that a large board is less efficient in auditing the performance of the managers compared to a smaller one. Moreover, this huge composition of the board is quite expensive for the companies to maintain in terms of honorariums, commissions and compensation. But in terms of profit and company growth, the large board may seem to be of importance because of the diversity in experiences, knowledge and accountability. Nevertheless, the study made by Guest in 2009, showed a strong result on the non-relation of the large board size to the firm performance however they also robustly imply that they dont suggest to restrict large boards to obtain a better firm performance. All these efforts executed by principals to avoid agency problems, minding the fact that there are still managers that wont deliver exactly what theyre expected to, entails agency costs as discussed. Often, the goal of the principal is to minimize agency costs and focus on profit even if not in growth. Here comes the conflict of organizing the principal-agent relationship (Shapiro, 2005) wherein the idea is exemplified but the measures are often inadequate, thus the alignment of the interests of the principal and manager is hardly ever absolute. A control-oriented firm is then considered necessary under agency theory which suggests that agents will not act to take full advantage of the returns to the principal if and only if systematic self-governance mechanisms are implemented in the firm to protect the shareholders interest (Jensen and Meckling, 1976). Stewardship theory In 1993, Block believes that firms implementing stewardship by front-running service instead of self-interest are those that are most effective in corporate governance. He believes that both the firm and individual needs will be greatly achieved by establishing trust-relationships and treating subordinates as partners. Preston (1998) added a definition of Stewardship Theory to exemplify humane duties owed to all partners that recognizes the importance of a systematic fit of corporate governance considering the elements of its environment. Hosmer in 1996 identifies the need to augment the economic and social responsibilities in governance by recognizing the moral and ethical issues inherent in the stewardship theory. The managers role in stewardship theory is to maximize the potential of the firm and to pursue long-term wealth acquisition with organizational and individual desires best accomplished by assessing collective ends (Hosmer, 1996). The goal is on assuming accountability and responsibility for the organizational community. The model of a manager should be as a steward whose behavior is ordered and organizational; whose collectivistic behavior is of higher reverence than individualistic, self-serving conduct (Albanese, et al 1997). They exemplify that man being intelligent makes rational, not irrational decisions, unlike agency proposers who dispute stewardship. Stewardship theory view employees as assets of the firm as the agency did but they differ in their treatment of the human natures motivation and ability of control. A true steward is driven by his need of self-actualization, growth and achievement without being opportunistic and self-interested in his performance (Mejia et al., 2001). Stewardship ideology proposes that corporate governance structures should exercise advanced authority and prudence. (Davis et al, 1997) .The proponents discussed that high-level of authority and discretion is attained when the Chief Executive Officer (CEO) also assume the position of Chairman of the Board. Stewardship principle argues that the issue is whether or not the ownership structure assists and facilitates in the management achievement of high corporate and firm performance. When the CEO is also the chairman of the board, the organization will be facilitative of this objective letting them assume apparent, clear and objective role expectations and authorize and empower higher and greater management. Thus, stewardship theory is not centralized on self-motivation through own financial gain, but the assumption of two roles as the chairman, at the same time as the manager of the corporation will produce superior results and maximized returns to the shareholders than separation of the roles of the chair and CEO as exemplified by the agency theory. Duality of these roles is considered a functional from in stewardship perspective. According to Fama (1980), being an effective steward of their firm, CEOs and managers are also effectively managing their own assets and careers. Stewardship, however, has its own set of limitations and gaps. Since it is trust-based relationships, it assumes underlying informal agreements and not most of the time, the functional logic or prà ©cised obligations (Mejia et al., 2001). Some authors ( Habbershon, 2006; Miller and Miller, 2005) argue that altruism mainly a compliment of stewardship might be influential in establishing an enormous network for the firm in its early stages, as employing a wide network of trustees or of relatives in cases of a family corporation (less concerned on their specifications) minimizing agency costs compared to a non-family member (Mejia et al., 2001).However, in the long run as the firm becomes more established, the need for well adept and professional managers arise to cope up with the competition thereby expect an increase in the agency costs. In essence, the organizations over all environment systems influence the inclination of managers. In an organization which houses the philosophy for self-actualization and involve employee-owners association, managers are inclined towards the stewardship perspective. Furthermore, collectivist behavior and non-power distance cultures encourages stewardship principles (Davis, Schoorman and Donaldson, 1997). Agency Theory vs. Stewardship Theory Agency theory concentrates primarily on the association between the principal and the agents in corporations, having a formal and contractual nature of relationship however with the presumed goal indifference and incongruence of interest (Sharma, 1997). Meanwhile, Stewardship theory is involved mainly in analyzing the importance of the co-existence of trust-based relationships along with agency relations in firms (Corbetta and Salvato, 2004). The stewardship approach, which encompasses commitment and trust to shared goals and desires exhibited by the principal and the manager alike, aligns the interest of the two parties (Albanese, Dacin and Harris, 1997). In 1997 Davis, Shoorman and Donaldson provided two key points that differentiated the Agency and Stewardship theories. These are the motivation and power comparison. In an agency type, the manager is motivated by personal interests and extrinsic rewards. In the stewardship, the manager is motivated by the human need for intellectual growth, achievement, and self-actualization, and by intrinsic rewards. In an agency theory, the power is institutionally directed while in the stewardship, it is based on personal ability and power to run the particular organization. Davis, et al (1997) argue that the two theories are not mutually exclusive but create a link between agency and stewardship relationships. Clearly, the stewardship theory provided a room for the failures and gaps in the agency theory. A manager of a firm may choose what type of inclination he is up to particularly in decision making as long as these three assumptions are supplemented. First the decision must be mutually agreed upon by both the principal and the agent. Secondly, it will always depend on the situation, and third objective is the expectations of the parties involved. Basing on the result of their study of 22 matrices on the possibilities of the actuations of the principal and agent, the agent can either opt to perform in an agency or in a steward fashion, and so can the principal. There can be four possibilities of outcome in the governance using the link between agency and stewardship and depending on the choice of the concerned parties. Two of which are a concrete exa mple of the agency theory where both have selected to uplift their self-interests and a true stewardship principle which maximize organizational performance. Other two possibilities of outcome which will result in one party taking advantage over the other and one recourse to injustice will result to low performance on the other party. When the principal acts as the steward and the manager acts as an agent, and on the other hand when the principal becomes opportunistic and the manager acts as a steward, which could pave the way for the frustration and declined feelings of self-worth to the aggravated party. The study on the relationship of these theories is very broad, thereby some wouldnt agree to the findings of Davis. According to Albanese, Dacin, and Harris (1997) there is a distinction between agency theory and the agency problem of divided self interest. They discussed that stewardship simply refined and advanced agency theory, it does not present an alternative. Eisenhardts (1 989) review shows that agency theory was continually developed and is studied thoroughly with the incongruent self-interests of the principal-agent as the fundamental supposition. Summary The agency model and stewardship model of the firm provide two different angles for understanding the governance of a firm, its decision making, its internal relationships, and its external relationships. This review advocates that the principal or manager acting as a steward, and employing people with similar expectations, is more in line with the traits needed for an organization to succeed like proper motivation, personal and company growth and self-actualization, thus increasing the potential for maximizing the performance of the firm. Moreover, the advantage of the stewardship model over that of the agency is that it presents managers an organized different array of motivations which could potentially include the interests of all relevant firm movers (Preston 1998).