Earned Interest on My Savings Account Essay Example | Topics and Well Written Essays - 250 words

Earned Interest on My Savings Account - Essay Example Although the interest earned with certificate of deposit is higher than for a savings accounts, my decision for choosing the saving instrument would also be driven by some other factors. In a certificate of deposit, the money will remain locked for 5 years whereas in a savings account, I can withdraw and use the money whenever I need. Secondly, if at a certain time, the inflation starts increasing, the real value of the investment in the CD would become significantly lower than the money at hand in the savings account. For example, if after 2 years, the inflation reaches say more than 5% and remains there for the next 3 years, then the real value of the final amount I would receive from the CD would be much less than the actual balance at the end of 2 years in the savings account that I may have used already. On the other hand, if I expect the inflation to drop in the coming years, CD would be a more attractive option.

Technical and communication failures that caused disasters Assignment

Technical and communication failures that caused disasters - Assignment Example The technical failure that caused the disaster was the release of methyl isocyanate (MIC) which was due to water that leaked into one of the storage tanks of Union Carbide pesticide factory (Long, 2008). The problem was aggravated by another technical failure when the main warning siren did not go off for another two hours. Apparently, the tank alarms have not functioned for almost four years already. Other technical problems were revealed upon investigation. These include failure to address safety violations, backup system were either not functioning or inexistent, plant was equipped with only one backup system, which was not the norm, over capacity of the tank which held the MIC, water sprays were ineffective and the pipes and valves have not been repaired or replaced (Long, 2008). The technical failure that caused this disaster was the flawed Soviet reactor design which was operated by plant operators who were not properly trained. According to the World Nuclear Association, there was over pressure which was caused by the interaction of very hot fuel with the cooling water (2011). They went on further to say that the over pressure then resulted in the partial detachment of the cover plate of the reactor. The fuel channels were then ruptured and the control rods jammed (World Nuclear Association, 2011). At least 5% of the radioactive reactor core was released through steam and fires, into the atmosphere and downwind (World Nuclear Association, 2011). The reason for the earthquake is due to the abrupt slipping of the crystal rocks comprising the Pacific and North American Plates by as much as 2 meters (7 ft) along their common boundary-the San Andreas fault system (Nakata & Meyer, 2009). There was technical failure in terms of the construction of the buildings. Most of them were extensively damaged because it was built with unreinforced masonry and they were erected on flood plain sediments

Outsourcing of US Jobs Essay Example | Topics and Well Written Essays - 1500 words

Outsourcing of US Jobs - Essay Example omotes efficiency and cost reduction so companies can maintain their competitiveness, sending American jobs overseas hurts America because our economy depends on jobs at all levels in order to continue functioning. The economy is suffering from this practice and it will continue to do so because Americans are forced to compete for jobs at pay levels well below the standard of living. The secondary problem with outsourcing is that companies can visit abuse on their employees and the workers have no way of protecting themselves. Even some companies have found that outsourcing isn’t as profitable as they had once thought it would be. When American businesses outsource, it seems that everyone loses. As Americans began to raise concerns about job losses, major companies gave their reassurances that this was only happening to the â€Å"low-end† jobs. This would weed out the lower end, highly repetitive and unskilled labor, leaving better jobs for Americans to fill. These early rounds of "globalization" cost millions of U.S. jobs, but various experts assured Americans that this should not be a major concern because these were blue collar "rust belt" jobs. Old technology, they claimed. Manufacturing is passà ©. The U.S. would enter the new global economy with the new technology. Information, services, cutting-edge research and development—these would be the clean, high-paying jobs that would keep America on top. (Jasper, 2006) This promise has been revealed to be an empty one as Americans watch more jobs leave the United States as outsourcers move up the ladder to target higher skilled jobs such as engineering, medicine and legal research. Between 2003 and 2008 finan cial service companies have moved approximately 500,000 American jobs overseas. Seen in the chart below are the companies with the highest numbers of outsourced workers overseas. These 10 companies alone are responsible for outsourcing nearly 200,000 jobs. These certainly aren’t the only companies

Research Paper on a Terrorist Group Example | Topics and Well Written Essays - 1750 words

On a Terrorist Group - Research Paper Example The â€Å"Al Qaeda† was formed in Afghanistan in 1989 to fight the members of the Soviet Union in that country. During that time, the Soviet Union wanted to suppress a budding Islamic Revolution. Thus, the founders of Al Qaeda wished to counter this oppression under the common banner of Islam. A huge number of Arab Afghans travelled from all parts of the Arab world to participate in this â€Å"jihad† and enrolled at the recruitment camp of the organization at Peshawar, situated at the border of Pakistan and Afghanistan. Osama bin Laden and Dr. Ayman al-Zawahiri arrived at Peshawar and took over the leadership of the group. During the beginning the organization functioned as a hierarchical structure to facilitate its participation in the war against the Soviets. This arrangement helped the group to send military troops and war aids to Afghanistan and gradually prepared the organization to launch a concerted attack on the countries of the Western world. Thus, during the e arly years of its formation, the Al Qaeda was a highly structured and systematically arranged organization. After the Soviet troops were defeated in Afghanistan, the group changed its structure into a network organization. (Mishal, Rosenthal, 2005, p 3) The Al Qaeda can be classified as an international political terrorist organization. In the opinion of Mishal and Rosenthal (2005), the organization followed a hierarchical order in the beginning and later changed into a network organization. After the attack on Afghanistan in 2001, it assumed the form of a Dune organization. During the time, when the Al Qaeda was engaged in a war with the Soviets in Afghanistan, the group was a hierarchical organization. It was divided into small units which were arranged like pyramids under the group’s common leadership. After its transformation into a network-based organization, the structures within the group were redefined. Al Qaeda became more of a transnational organization which was willing to direct its activities towards multiple causes. During the period 1998 – September 2001, the terrorist group operated as a network organization. (Mishal, Rosenthal, 2005, p 2) Objectives The Al Qaeda was initially formed to counter the Sovi et Union’s attack on the growing Islamic revolution in Afghanistan. After the defeat of the Soviet troops, the group became a transnational organization which was engaged in pursuing a number of causes as its objectives. In February 1998, Osama bin Laden brought together a group of state-level Muslim leaders and organizations to form the â€Å"World Islamic Front for Jihad against the Jews and Crusaders (IIF)†. The IIF formulated its objectives in accordance with the World Islamic Front Statement of 1998: to free the al-Aqsa mosque and the Holy Mosque of Mecca from the hold of America and it allied nations, it was the duty of every Muslim to extricate civil and military citizens of USA and its allies. They were free to carry out their mission in any country which they

Harlem Renaissance Poets Research Paper Example | Topics and Well Written Essays - 1000 words

Harlem Renaissance Poets - Research Paper Example On the one hand, Johnson poem â€Å"Let Me Not Lose My Dream† features her seminal background in Rome, Georgia. The poem carries well recitations of the ancient culture and the need for blacks to take on the challenges of the community, while embracing stoicism. The inclusion of entertaining humor in the literary content was largely impacted by her skills of playing musical instruments and natural history. The creation of the poem was largely influenced by William Starkey Braithwaite work, an author who highlighted the socio-economic and political challenges that minority communities faced in the United States, and the need to remain steadfast in the quest for a free America. Considered to be one of the founding women poets, who based their literature on the new role of African Americans, Johnson’s poem â€Å"Let Me Not Lose My Dream† was laced with a feeling of sadness and optimism that blacks faced in their effort to assume prominence in the society. On the oth er hand, Gwendolyn Bennett was another significant poet of this period. The poet was born in July 1902 in Giddings, Texas. Her parents were Joshua and Maime Bennett. Bennet’s poem â€Å"Heritage† features her life as a young woman in Brooklyn’s Girls High, through her adulthood. The nature of treatment she received was characterized by benignly cold reception from the mainstream white community. Through the poem â€Å"Heritage,† particular practices such as the intellectual capabilities of the blacks during Harlem Renaissance were tolerated without question, and without meticulous thought. The poem highlighted the future role of the blacks, in social and political circles. â€Å"Heritage† is illustrative of a keen intellectual mind, which Bennet summoned during the Harlem Renaissance period to articulate the social change in the American society; that democratic transformation in the society was inevitable, and that art and literary genre had becom e a significant avenue used to communicate the much needed change in the society (Hull 13-15). Despite the significant, but the largely different titles of the two poems, Johnson’s â€Å"Let Me Not Lose My Dream† and Bennet’s â€Å"Heritage,† are two literary works that indicate the need to conserve fruitful society norms of the blacks such as social democracy, fair representation in all aspects of the society and justice for all. Whereas the former poem served to motivate the rising blacks not to be cowed in their effort to assume socio-economic and political significance in the society; the latter holds that not all new developments may yield positive outcomes. The poems by Georgia Douglas Johnson and Gwendolyn Bennett are, thus, illustrative of the enormous skills and resourcefulness that inspired the change empowerment of blacks during the Black Arts Movement. By reexamining the contribution of these poets, one can have a glimpse of delight of the bla cks during Harlem Renaissance, despite the enormous social challenges they faced . Themes present in the two poems Ethnic Pride Featuring the historical Black Arts Movement was an explicit ethnic delight that was captured in the philosophy of the empowerment of the community, who through scholarly work and creation of literature could reverse the pervading ethnic bigotry and traditions to enhance

Resume Essay Example | Topics and Well Written Essays - 500 words - 4

Resume - Essay Example The majority of his career was devoted to Counter Terrorism, Close Protection, covert operations, and working in hostile environments. Mr. Perkins has made contributions concerning security measurements in businesses in Asia, Africa, and the Gulf Region. He is based in the Philippines and has worked on world-wide assignments. His focus has been on businesses that have needed high risk security. OBJECTIVE: I am seeking the opportunity to utilize my talents and experience to work in high risk security projects where I may be in a position to plan, design, develop, implement, and evaluate the security of corporations. Enhanced the security program in China, in various areas: Threat Assessment; Security Management Plan; Emergency Evaluation Plan; Operating Procedures; Kidnap and Ransom Plan, and Close Protection Team Training. Managed the security for a joint Australian/Philippines company based in the Philippines and was responsible for the safety of 800 employees and the property on site (an island that has insurgency

Business#2 Essay Example | Topics and Well Written Essays - 500 words

Business#2 - Essay Example But this is not the case. For instance, while bribery is illegal in Indonesia, its public officials are susceptible to the act because the government pays them low wages. In a case study, Richard R. Gesteland, Georg F. Seyk (2002) documented: A foreign company headquartered in Singapore had to send technicians to Indonesian factories on a regular basis. About half of the company’s techs had to slip a fifty dollar bill to the Jakarta airport immigration official on duty in order to get an entry visa stamped in their passports. (p. 79) Sometimes cultural factors also come into play wherein norms in some countries dictate gift-giving or entertainment as important in transacting business. This is partly the reason why the degree as to which bribery is perceived as immoral is different from country to country. People who engage in bribery points to this fact, arguing that there is a blurry line between bribery and simple gift-giving: In the US, for instance, there are several kinds of payments that fall on the borderline of legality and illegality. In light of all these, bribery is customarily considered an unethical activity and, rightfully, the act is outlawed in all countries. (Donaldson & Dundee 1999, p. 225) No society can have the custom of bribery, because by its nature it is a covert practice that involves unfairness, harm to some and unearned benefit to others. Wojciech Gasparski and Leo Ryan (1996) stressed that bribery can never be justified as ethically proper because it is a means by which people get special treatment in preference to others for no other reason that that they pay bribes. (p. 332) Bribery corrupts both the giver and the receiver. Furthermore, it undercuts efficiency in the market, skews the allocation of goods and resources, often imposes unjust costs on third parties, and leads to further corruption, since such payments are not legal and cannot be reported using generally accepted accounting procedures. Today, the issue of