Personal Income Taxes Essay Example | Topics and Well Written Essays - 500 words

Individual Income Taxes - Essay Example The rich citizens are appear to report practically 48.5% of their all out pay as capital increases and profits, successfully getting 48.5% of their salary charged at amazingly lower pace of 15% contrasted with that of the low pay individuals. The pattern presently is that such rich citizens with more than $10 million keep on detailing enormous increment in their salary and get charged at very lower rates. Legendry financial specialist Warren Buffet has whined that he pays a lot of lower charge rates than his secretary. John: I ought to concur with Mike on this point. Studies have indicated that one of the significant explanations behind salary disparity in US is such uncommon duty rates on venture pay. While the level of capital salary is as high as half for a portion of the well off, it is as low as 2% for individuals beneath the pay level of $200,000. Indeed, Mitt Romney is accounted for to have near $14 million pay and the compelling assessment rate is appeared to be as low as 13.5%. Every one of these examples point to the way that current expense framework just continues quickening the pay uniqueness in US. A fix to this is irreplaceable so as to check this disparity from spreading. One alternative that the legislature can consider is to expand the assessment rates on speculation pay. I: Taking it on from John, I should state that is as of now high time that the administration should discover a fix for this issue. Successfully, just a higher duty rate can control the immense assessment rate divergence in US. Concerning note on expanding the expense rates on speculation pay, I should state that it will again unfavorably influence the little citizens who have significantly little level of venture pay. Increment in the duty rate on such pay would adequately leave the little citizens with less after assessment benefits. Consequently, a progressively perfect decision is decide the tax cut escape clauses that permit the rich to bring down their annual duty rate and close such

Health Care Management HA330 Essay Example | Topics and Well Written Essays - 2500 words

Social insurance Management HA330 - Essay Example In conclusion, it talks about the abilities required for pioneers in wellbeing associations. In the expressions of Eric and Steven, Strategy is characterized not as an occasion however as the underlying foundations of the structure of an association (Steven G. Hillestad, 2004). In wellbeing association, procedures which are pertinent to the changing workplace are embraced. There are different systems to browse. These could be: In the 21st century the eventual fate of wellbeing associations is absolutely reliant on how well they adjust to current evolving condition. In view of the quick development in populace the best way to deal with plan wellbeing associations is by improving their inner abilities and individual execution. A wellbeing association is an assistance based association along these lines its primary quality lies in the nature of its administration. The better administrations they offer the better notoriety they order. For this it is imperative to enhance inside abilities and execution levels. They should concentrate on the wellbeing organization’s cleanliness. Furnishing the patients with flawless cleanliness is significant. The report about contaminations produced because of unhygienic emergency clinics has consistently made it to features. Innovation has taken over most wellbeing associations today. Therefore, it is energetically suggested that wellbeing associations are side by side with the most recent innovation . They are refreshed with the most recent information and the most recent types of gear for treatment are set up. Innovative methods like MRI, CT filters and different medical procedures are costly. Anyway these strategies ought to be joined as they produce effective outcomes. Endurance today isn't just what individuals search for yet the personal satisfaction they are offered alongside the open door cost (Patrick, 1993). Alongside the presentation of innovation execution upkeep measures should be polished. The staff needs to get instructional courses to get acquainted with the machines before encountering it on people. Number of studies completed in Canada

Rrrrrrr. CPW! [UPDATE]

Rrrrrrr. CPW! [UPDATE] [The Call For Guest Entries has been updated/modified] Wow, excuse the title, some days Im just more creative than others. Today isnt one of my creative days, its one of my I have an entire day of toolage ahead of me days. A quick break from 2.001 will be good though, and I have a couple of things I need to tell yall. First, Blendie (the Rrrrrrr part of the title). I could devote an entire entry just to this, but Ill spare you and just add it to this entry. I was exploring the Internet the other day and stumbled upon a website that touted a video of Blendie as one of the most entertaining things ever filmed that involved a blender. I was a skeptic (how can you beat WillItBlend?) but I decided to watch the video to test my hypothesis. Besides, according to the description it was a video about a blender designed by an MIT student. While Blendie looks like an ordinary blender, it is in fact a voice activated blender with a catch. Blenders dont speak English, so in order to activate it you need to speak blender to it. I could describe it for you all day long, but I think itd be best if you just watched the video. Yep. Blendie. CPW is screaming up on us guys! Im excited, it sounds like you guys are excited, and in a little over a week you will all know just how much fun MIT can be. Being the blogger that I am (willing to spend far too much time blogging and on the internet) I decided last year that I would try to catalogue EVERYTHING! I took my camera, two memory cards, and multiple bottles/cans of caffeine. I ended up taking 384 pictures of CPW, so many that at one point I had to transfer all of the pictures I had taken to a flash drive because my memory cards were both full. When I got home I spent the next 2 months compiling, editing, and creating a massive blog (not entry, blog) that followed my adventures during CPW from start to finish. If you havent read it yet and are still curious just what exactly CPW is going to be like, give it a read. It also includes links to other entries written by 11s about their CPW experience. Click here to read my CPW 2007 blog One of the really cool parts about CPW was that it gave me my first chance to foray into the land of MIT Admissions Blogging. Bryan 07 offered all of the prefrosh blog readers a chance to write a guest entry about their CPW experiences, which he posted on the MIT blogs. Hes doing it again this year, working with Paul and me. Here are some of the criteria that Ill be looking for in the guest entries I publish: You have to attend CPW to write an entry You must use paragraphs in your entry (personal peeve, I hate writing that is just a continuous block of text) Pictures are mucho preferred You should have your entry written sometime during the week after CPW Go ahead and upload all of the pictures using the blogging software of your choice and just send me a text file containing the HTML code for the entry. Ill go through it and make sure there are no formatting issues or dead images when I post it. Make it awesome! Nobody wants to read a boring blog entry about CPW. If this sounds like fun or something youd be interested in then e-mail ALL THREE OF US at snively [at] mit [dot] edu ask-paul [at] mit [dot] edu bryanblogs [at] mit [dot] edu and we can work out further details. Challenge Guest entry not enough for you? Want a better record of your CPW? Id like there to be another blog similar to the one I created last year, something with insane amounts of pictures and that details step-by-step the CPW experience. If youre up to it, Id challenge anybody to make one. You wont regret it, I still go back and read mine from time to time. Let me know if you intend on making one of these blogs, Ill tip my hat to you and look forward to the end result. On Sunday we find out who our prefrosh are so expect an e-mail or a phone call shortly thereafter, and then get ready for 4 days of craziness! Oh, and did I mention that my 2.001 professor moved our test date to Wednesday because of CPW? Prepare for awesome!

4 Types of Context Clues

Just like a detective following the clues that lead to the perpetrator of a crime, you as a reader must use the clues hidden in a text passage to determine the meaning of difficult vocabulary words. Context clues are simply that: hints or additional information the author provides (purposefully or not) that can help you understand the meaning of a particular word or phrase. These clues can be located in the same sentence as the vocabulary word, but they can also appear elsewhere in the passage.   Why Context Clues Are Important When youre working on the reading section of a standardized test, youre going to have to employ some prowess to get you through. Understanding how various types of context clues work can help you to understand difficult vocabulary words, which is a must on a long reading section. The text may be chock-full of words you dont completely grasp. Outside of the passage, you may not have any idea what they mean, but inside the passage, where all the juicy tidbits of their clues lie, you can figure those challenging words out. Context clues are also helpful when youre working to determine the main idea  of a passage and struggling to  make inferences because those words can help connect the dots in incredibly useful ways. Four Types of Context Clues A number of different types of context clues can be present in reading passages because every author writes in a different way. Some authors offer very little explanation for difficult words, throwing tough vocabulary in everywhere with little or no help, while other authors carefully craft their passages to ensure the reader can understand everything he or she is trying to explain. Everything from the restatement of a word to an outright explanation of the word in action can be present to aid in a readers comprehension. Context Clue No. 1: Definition or Restatement The meaning of the vocabulary word is in the sentence itself, usually following the vocabulary word. Jacks duplicity—crafty dishonesty—enabled him to steal his coworkers pensions by funneling their money into an offshore account. Notice how the dashes set off the definition. Commas or parentheses setting off a descriptive phrase directly after the vocabulary word (an appositive) can also point you to it, such as in clue no. 2. Context Clue No. 2: Synonym The sentence uses a similar word to help explain the meaning of the vocabulary word. The baseball coach punished the teams duplicity, or deceitfulness after they admitted to using steroids to boost their batting averages. Context Clue No. 3: Antonym/Opposite/Contrast The sentence uses a word with an opposite definition to give the meaning of the vocabulary word. It was your duplicity that caused me to break up with you! Had you been honest, I wouldnt have felt the need.Unlike my last employee, who had integrity to spare, you have nothing more than duplicity and will not receive a recommendation from me for another job. Context Clue No. 4: Example or Explanation This type of context clue uses examples to help the reader infer the meaning of the vocabulary word. His duplicity involved lowering his employees salaries, increasing their stock options, and then stealing the money he saved by doing so.I was aghast at her duplicity when she stole my diamond earrings, sold them on eBay, and lied to me about it the whole time. Try Out Your Suspected Definition After examining the context of the passage for clues to the unclear word, you should have an idea of what the vocabulary word means. Based on your estimate, try out a word in the sentence in its place to see if it makes sense.

Running Room Case Study - 1298 Words

Running Room Case Study 10/21/14 T/TH 9:30 AM Present Strategy The Running Room company has been a successful and profitable business since its inception, catering to both avid runners and more casual joggers by selling high end running shoes. Its owner, Raina Cisco, used her background as a nationally ranked runner to establish credibility as a running shoe authority, especially for higher end products. In order to maintain this image of quality, Cisco chose to primarily sell Nike shoes. The Nike brand is associated with performance in the minds of her customers, and she was able to make a $5-$7 premium per pair of Nike shoes. Despite this success, after about 10 years of steady growth, profits began to decline due primarily to†¦show more content†¦Cisco’s current strategy attempts to do too much and appeal to a much too broad target market, and thus needs to consider different strategies. Alternative Strategies Based on The Running Room’s current situation, Cisco considers a number of alternatives to her present marketing strategy. On one hand, she could continue to maintain a broad target market to appeal to both casual athletes--with more fashion-conscious products that aren’t necessarily running shoes--and serious runners, while attempting to tap into the growing market for women’s athletic shoes with expanded product lines for female athletes. This strategy would help her maintain her aging loyal customers, as she could offer athletic shoes that reflect the new exercise programs that they are becoming involved in instead of running. Conversely, she could narrow her target market to just serious runners, by investing in the high-end molded running shoes and the additional training and promotion that would be required to sell them. An analysis of The Running Room’s strengths and weaknesses can help her determine that the second strategy i s the most worthwhile to pursue moving forward. As a former nationally-ranked runner herself, and with both a proven track record for catering to serious runners (who make up a majority of her sales) as well as the flexibility to switch product lines fairly easily, Cisco’s business strengths would support a shift to a more serious runner target market with relativeShow MoreRelatedA Study On Child Development Essay1715 Words   |  7 PagesIntroduction Observing a child will increase the knowledge on how child react in different situations; also, comparing to other cases, there might be some similarities, but there must be differences. In these observations, we are focused on the social relationships, reactions, language, and emotion. Based on what we have learned in the class, I know children a bit more than usual. 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Corruption A Great Distress Business Industry - 1681 Words

When first hearing the words bribery, extortion, lubrication and subornation, one might first think of money or ways of getting more of what you ant for a cost. Corrupt practices in business transactions are a great distress business industry, especially when it becomes the international business market. These corrupt practices include bribery, extortion, lubrication and subordination. Extortion, lubrication and subordination are different variations of bribery. Money in today’s society is what keeps the world running in most cases. Bribery first came about in the fourteenth century by the works of Chaucer and his contemporaries (Quinion, 1). In the fourteenth century the worst often offenders were judges and public officials, who exhorted†¦show more content†¦Bribery can most simply be described as money being voluntarily offered by someone seeking an unlawful advantage (Gilly, 152). It wasn’t until the 1970s, when bribery became a national issue with public disclosure of political payoffs to foreign recipients by U.S. firms. Most cultures seem to be more open to bribery, but in the United States, they are disdainful to these practices now. The words extortion, lubrication and subornation often can be grouped under the term bribery out of ignorance, even though they are, in fact, unalike (Gilly, 152). The difference between bribery and extortion can be described as bribery is from an offer to someone else, while extortion is a demand for payment. One example of bribery, which happens quite frequently, would be a restaurant or food industry offering a bribe to the health inspector to ignore health regulations the restaurant may be violating (Digh, 90). The health inspector may see issues violating health code that could affect the consumers, but as the restaurant owner slips a one hundred dollar bill under the table to him, he then may â€Å"ignore† these obvious violations. Another example of bribery, which is used almost everyd ay, would be to offer money or a gift to be moved higher on a waiting list for a restaurant. This bribe is often little, but in most cases restaurant hostesses are not allowed to accept these bribes or

Digestion and Food free essay sample

Digestion is the breakdown of large insoluble food molecules into smaller molecules so they can pass though the intestinal wall into the bloodstream and be transported throughout the body. There are seven different food groups in a balanced diet which should include Carbohydrate, fat, water, protein, fibre, vitamins and minerals. Although most foods contain these in some shape or form the foods that contain most of one type fall into that category, a chicken fillet for example would fall under the protein category because it contains more protein per hundred grams than any other nutrient. This assignment will explain the systems and processes necessary for the digestion of a Beef sandwich and a chicken Tikka Masala with rice. In the digestion of a beef sandwich containing sliced Beef, bread, butter and a chicken Tikka Masala there are different stages of where food is broken down. Enzymes are added at different times to ensure the food is absorbed properly. Digestion technically starts in the brain. Even before food touches your lips the stomach is already preparing for the food about to be ingested. The ingestion process starts with taking food into the mouth (eating and drinking). The purpose of this is so the food can be cut into smaller pieces and saliva is added before it is swallowed. This is where the first enzymes start work. There are two enzymes found in the saliva of the mouth, salivary amylase and lingual lipase. Amylase breaks down dietary carbohydrates such as monosaccharides, disaccharide sugars and complex polysaccharides (starch). Monosaccharide’s can be easily absorbed into the bloodstream so the others need to be broken down into these before they can be absorbed (Derrickson, Tortora 2006 p906). The salivary amylase starts to break down the polysaccharide starch found in the bread of sandwich and the rice in the chicken Tikka meal while it is being chewed. Once the food has been swallowed it slides down the throat which extends into the esophagus. The smooth muscle, mucus and secretions in the esophagus enable the food to slide down easily into the stomach. At the end of the esophagus is the lower esophageal sphincter which connects to the stomach. The stomach is a j-shaped organ where food is mixed with gastric juices secreted by the lining. The gastric juices consist of water, enzymes and hydrochloric acid to kill any harmful bacteria (Parker 2007 p176). The main enzyme in the stomach is called pepsin which specialises in the break down of protein. Gastric pepsin breaks proteins into polypeptides, pancreatic trypsin, chymotrypsin and carboxypeptidase which change the polypeptides into peptides (Lippincott, Williams, Wilkins 2005 p224). The proteins in the beef part of the sandwich and chicken part of the Tikka Masala are broken down by theses enzymes in order to extract the essential amino acids found in the peptides so that they can be easily absorbed in the small intestine where the food moves to after the stomach has done its work. The intestinal mucosal peptidases in the small intestine break the peptides down into amino acids allowing this to happen. As the carbohydrate (rice and bread from the two meals) enters the stomach the salivary amylase is deactivated by the ph level. As the food then enters the duodenum which is the first part of the small intestine, another type of amylase is then added from the pancreas which changes the carbohydrates into simple sugars (Parker 2007). The simple sugars are maltose lactose and sucrose. As these are pasted further into the small intestine ‘the enzymes maltase, lactase and sucrase chop maltose, lactose and sucrose into smaller bits, more easily absorbed, which are eventually converted to glucose and absorbed through the intestinal walls into the bloodstream’ (Collins 2007). Once this has happened the glucose is transported to the liver where it can be where it can be stored or distributed to cells throughout the body (Collins 2007). Fats fall under three categories, saturated (mainly found in animal products); Unsaturated (fish, nuts) and Trans fats which are mainly found in vegetable oils and processed foods made from hydrogenated vegetable fats. Fats or lipids as there also known ‘are diverse compounds that are grouped together because they are insoluble in water, but soluble in nonpolar solvents’ (Bailey 2008). This means lipids take longer to digest than carbohydrates and proteins. The fat content of the two meals comes mainly from the butter of the beef sandwich and the cream of the Masala sauce. The Short chain triglycerides found in these are digested by gastric lipase in the stomach. The majority of fat digestion though is done in the small intestine where pancreatic lipase and bile salts are added. The bile salts emulsify fat into droplets which makes them water soluble allowing them to be absorbed more easily. The pancreatic lipase ‘breaks down fats and phospholipids into a mixture of glycerol, short and long-chain fatty acids, and monoglycerides’ (Lippincott, Williams, Wilkins 2005 p224). Small finger like projections on the small intestine called Villi give it a large surface area making it easy for the absorption allowing the fatty acids and monoglycerides to pass through into the blood stream. Nearly all vital nutrients from food are absorbed in the small intestine and the left over waste that passes into the large intestine afterwards is known as the chyme. The chyme descends through three main regions of the large intestine called the caecum, colon and rectum. During this journey sodium, chloride, and water are absorbed through the lining of the colon into the blood making less watery faeces to be excreted out of the anus.

Anyone Can Be a Poet with These Four Simple Steps

Anyone Can Be a Poet with These Four Simple Steps Poetry is elusive and standoffish, somewhat like your high school crush was when they didnt know you existed. Thats why most how to guides or blog pieces seem to miss the mark, giving you suggestions but not quite practical steps in the process of writing poems. Its just hard to do.Dan Chiasson, a poet and contributor to the New Yorker who covers up-and-coming new poets, puts it this way: The writing of poetry is notoriously mystified, almost occult in its resistance to rules or step-by-step methods. If youre a poet, the precision, discipline, and tact of painters or photographers seem enviable indeed. The entire process, by being externalized, seems repeatable, unlike the chance encounters of poets with their muses.Despite a seemingly impossible challenge of breaking down the process of writing poetry into simple steps- steps anyone can take- its possible to do. In fact, Ill go ahead and write the inflammatory words that will make many published poets annoyed: Everyone can be a poet . Yes, that means even you. The same breathtaking results that happened from great poets throughout history following this process can happen to you.Step 1: Pick an experienceUnless you are an established poet with years of experience writing, the first step to writing a poem should be to pick an important experience. The experience should be something that was significant in your life- a great loss, a moment with someone you love(d), an awe-inspiring natural event. These are the types of experiences that will help you write great poetry.Poet and performing artist Leonard Cohen once wrote, Poetry is just the evidence of life. If your life is burning well, poetry is just the ash. This is his (very poetic) way of saying that life experiences are what make poetry what it is, and that any great poet must first have great life experiences before the poetry itself can be written.This is the reason that the experience you pick should be an amazing one. Do you have one in mind? Good†¦n ow on to step two.Step 2: Brainstorm your sensory memory surrounding the experienceTo complete step two, youll need a piece of scratch paper. On that paper, go ahead and write down five categories of senses: Sight, smell, taste, touch, sound. Then close your eyes and take a minute to recall the experience in your mind. Keep your eyes closed for as long as it takes to put yourself back in the moment and remember details. What were you wearing? Was there music playing? Were you inside or outside? What sensations do you remember feeling on your skin? What colors do you remember from the environment?When these details come to mind, start writing them down with as many descriptive adjectives as you can remember. Your list might look something like this:Sight: copper penny, red dress, penny whirling in circles, blue sugarSmell: cotton candy, grease from funnel cake stand, sweatTaste: sugary sweet cotton candy, bitterness of copper penny against lips, taste of blue sugar on his lipsTouch: cool penny against lips, his arms around my shouldersSound: people screaming on nearby rides, thunder of metal wheels rolling on tracksIts important that you dont rush through this step and maybe even return to it often during the writing process if you get stuck at later steps. Its also important to include as many details as you can. The above list is just an example and not complete. For those of you more accustomed to academic writing, consider this brainstorming session to be a kind of unstructured outline for your poem. The more details you include in the outline, the easier it will be to write the first draft.Step 3: Start finding metaphors (and/or similes)Remember back in elementary school when you were introduced to the concept of poetry? Metaphors and similes were introduced around the same time because if there is one literary device that is the absolute, unchanging foundation of poetry- it is metaphor.As a quick review, a metaphor is a figure of speech in which a word or phrase literally denoting one kind of object or idea is used in place of another to suggest a likeness or analogy between them (as in drowning in money).Similarly, a simile is a figure of speech comparing two unlike things that is often introduced by like or as (as in cheeks like roses).So now lets go back to the list you made in step two. Look at some of the clauses you wrote down and start to brainstorm metaphors for them. For example, in my list, I wrote, His arms around my shoulders. To turn this into a metaphor, I might write, His arms around my shoulders are a pythons squeeze. To turn it into a simile, I might write, His arms around my shoulders are like a snakes coil.See how thats done? Now- you try it. Go through your list of sensory memories and change as many as you can into a metaphor or simile. When you are finished with this exercise, move on to step four.Step 4: Find musicality in the metaphorsWhile the heading might make this step seem complicated, it really isnt, so lets break it down. Musicality in this context means the quality or state of being musical : melodiousness.How is language musical you might ask? There are several ways language can have musicality, which in the jargon of the literati, just means it is pleasing to the ear. Rhyme is one way. Assonance and alliteration are others. Science has long studied the effects of repeating patterns on the brain and why the brain is programmed to enjoy it, but what it boils down to this: Find patterns in the sound of your words.Do some of your descriptive clauses repeat a consonant at the beginning of the word? Thats alliteration. Do you see repeating vowels in the words you wrote down? Thats assonance. Is there a rhyme somewhere in what you wrote or can you make a rhyme as you put the words together in stanzas (paragraphs of poems)?Speaking of rhyme- one of the most widely misunderstood traits of poetry is that there must be rhyme. This is simply untrue. In fact, a lot of modern published poet s dont use rhyme at all, but rather choose other ways of bringing musicality into the language (such as alliteration, meter, cadence, etc.).You also dont have to use end rhyme (rhyming at the end of the lines) to use rhyme in poetry. There are other types of rhyme, such as internal rhyme and eye rhyme- all of which are explained in this Poetry Foundation glossary on rhyme.The resultLets look at the results of this process. Jenny Xie is an up-and-coming poet who was just awarded the 2017 Walt Whitman Award of the Academy of American Poets for her first collection, Eye Level. As you read through the poem Naturalization, notice where she uses musicality through alliteration (e.g., snacks for snakes), and the senses (what she sees, hears, etc.).NaturalizationBy Jenny XieHis tongue shorn, father confusessnacks for snakes, kitchen for chicken.It is 1992. Weekends, we paw at cheapsilverware at yard sales. I am told by motherto keep our telephone number close,my beaded coin purse closer. I do this.The years are slow to pass, heavy-footed.Because the visits are frequent, we memorizeshames numbing stench. I nurse nosebleeds,run up and down stairways, chew the wind.Such were the times. All of us nearsighted.Grandmother prays for fortuneto keep us around and on a short leash.The new country is ill-fitting, linedwith cheap polyester, soiled at the sleeves.

Free Essays on Gateway

Brett A. Goldschmidt Dr. Albrecht Internet exercise â€Å"Gateway† Gateway’s website is very simplistic, but at the same time it is very blunt, and to the point. When we first enter the Gateway site, pop-up advertisements come up which I was not to impressed by, but further examining the main page of the website, the â€Å"support, at home, and office† tabs were a definite way of segmenting their clients or visitors of the website. I was very impressed to see that the â€Å"At Home† tab consisted of a lot of different options for models of computers. The computers ranged in price from $699 to $2,000 and over. The website really caters to the consumer because you can customize your computer and get everything you need and nothing you don’t. The accessories that gateway offered is a selection second to none; and I also was impressed of all the digital technology that was offered by Gateway. The website was simple and easy to use which is a plus in my books. I give gateway a thumbs up and congratulate them on a segmen ting job done well.... Free Essays on Gateway Free Essays on Gateway Gateway’s website is very simplistic, but at the same time it is very blunt, and to the point. When we first enter the Gateway site, pop-up advertisements come up which I was not to impressed by, but further examining the main page of the website, the â€Å"support, at home, and office† tabs were a definite way of segmenting their clients or visitors of the website. I was very impressed to see that the â€Å"At Home† tab consisted of a lot of different options for models of computers. The computers ranged in price from $699 to $2,000 and over. The website really caters to the consumer because you can customize your computer and get everything you need and nothing you don’t. The accessories that gateway offered is a selection second to none; and I also was impressed of all the digital technology that was offered by Gateway. The website was simple and easy to use which is a plus in my books. I give gateway a thumbs up and congratulate them on a segmen ting job done well.... Free Essays on Gateway Brett A. Goldschmidt Dr. Albrecht Internet exercise â€Å"Gateway† Gateway’s website is very simplistic, but at the same time it is very blunt, and to the point. When we first enter the Gateway site, pop-up advertisements come up which I was not to impressed by, but further examining the main page of the website, the â€Å"support, at home, and office† tabs were a definite way of segmenting their clients or visitors of the website. I was very impressed to see that the â€Å"At Home† tab consisted of a lot of different options for models of computers. The computers ranged in price from $699 to $2,000 and over. The website really caters to the consumer because you can customize your computer and get everything you need and nothing you don’t. The accessories that gateway offered is a selection second to none; and I also was impressed of all the digital technology that was offered by Gateway. The website was simple and easy to use which is a plus in my books. I give gateway a thumbs up and congratulate them on a segmen ting job done well....

Knowledge Management and its Advantages in Business Research Paper

Knowledge Management and its Advantages in Business - Research Paper Example Knowledge management can either contribute to the corporation or harm it in the attainment of the corporate goals. Thus, in order to assess its effect upon the organization, knowledge management must be considered as one of the business processes of the organization. This way, it can be determined whether the organization is moving closer or farther from the goals and objectives. Measuring KM effectiveness can be attained by measuring its impact upon the other business processes, the goals and benefits. Knowledge is an intangible asset and therefore cannot be observed. In recent times, management of knowledge has gained a lot of focus in organization management. Essentially, it has become one of the most important assets in business today. Knowledge management can be defined as the continual and persistent interaction among players in a system that leads to enhancement and maintenance of the systems knowledge base. The system or organization produces knowledge by gathering and organizing information and integrating the information in its strategies, goals and objectives to ensure adaptability and sustainable growth. In other words, an organization utilizing knowledge management continually compares existing knowledge with new information and adds up its knowledge base to improve on its method of production, strategies in an attempt to ensure that its targets and goals are attained. (Firestone, 1998). In a business setting, knowledge has three main building blocks, namely: a) data wh ich is raw, and without context; b) data is then transformed into information which is usable; and c) lastly, information is interpreted and combined to beget knowledge. There are two main types of knowledge, tacit knowledge and explicit knowledge. Tacit knowledge is derived from experience, and refers to expertise or knowledge that is difficult to transfer orally or through writing. For example, mechanical expertise can, to an extent be classified as tacit because it is acquired in time through experience and practice. On the other hand, explicit knowledge can be documented and taught through classroom learning. Explicit knowledge can easily be shared without necessarily having to practice or train (Marquard, 1996). Statement of the problem In the corporate environment, multiple factors that have emerged in the recent past have continually changed the approach and way of conducting profitable and sustainable businesses globally. Increased competition due to global economic developm ent, liberalization of international markets, advancement in technology and global integration has significantly changed the competitive landscape. Moreover, increased information access and globalization has not only increased consumer choice but also shifted power from producers to consumers. Traditionally, critical success factors such as product leadership, capital

Study Profolio, 4 Topics, 2500 words Essay Example | Topics and Well Written Essays - 2500 words

Study Profolio, 4 Topics, 2500 words - Essay Example Mintzberg’s definition of strategy provides a comprehensive idea of organizational structures that are developed on various business strategies. He also provides a number of examples to verify his position on the inter-relation between these definitions of strategy. The organization is perceived as a collective mind whose behavior is regulated or described by the concept of strategy. Therefore, strategy formation focuses on understanding that collective mind. The issues of strategic management are dealt with more substantial account of first person experience in Rosenbluth. He elaborates management dilemmas with special reference to the hospitality industry, and gives a first hand detail of the management aspects of Rosenbluth Travel. Some of the common factors leading to slow growth of the company are: absence of teamwork, overvalued focus on customer, and so on. Rosenbluth offers a precise solution to undertake the management issues in airlines travel. Rosenbluth advocates the importance of technology in organizations. In the context of corporate travel, he suggests the requirement of computerized reservation system for comfortability and easy operability. Moreover, teamwork building is another important aspect that requires the attention of the management in an organization. Rosenbluth points out three most important components for the growth of an organization. The strategic management of the organization should focus on change, people and technology. In order to gain competitive advantage, the management should take care of the enthusiasm among its employees, the relevance of effective training as well as accessibility to more information. Among these factors, importance of employees should be more focused than that of the customers. Because the enthusiastic support of its staff directs the company to effective use of technology and consequential change(s) in the organization. Use of technology is

Impact of the Enron Scandal on Accounting Standards

Impact of the Enron Scandal on Accounting Standards Abstract Every firm and its managers are expected to maximize investor returns while complying with regulatory standards, avoiding principal-agent conflicts of interest, and enhancing the reputational capital of their firms. However, in practices, being ethically is not just about giving large sum of charitys money but recognizing and acting on potential ethical issues before they become legal problems are more important aspects to taking care of. Enron collapsed as the result of unethical management practices such as the equivocation of taxes and fraudulent accounting practices. The Enron scandal is the most significant corporate collapse in the United States since the failure of many savings and loan banks during the 1980s. This scandal demonstrates the need for a close look at the ethical quality of the culture of business generally and of business corporations in the United States. Organization need to infuse ethics and integrity throughout their corporate cultures as well as into their d efinition of success. Unethical and illegal business practices at Enron led to the creation of Serbanes Oxley Act of 2002. This report will discuss and find out illegal and unethical activities, impacts on stakeholders and lessons from the Enron case. The Enron Scandal and Ethical Issues Enron Corporation is an energy trading, natural gas, and electric utilities company located in Houston, Texas that had around 21,000 employees by mid-2001, before it went bankrupt. Its revenue in the year 2000 was more than $100 billion and named as Americas most innovative companies for six consecutive years by Fortune. Enron was a company that was able to profit by providing the delivery of gas to utility companies and businesses at the fair value market price. Enron was listed as the seventh largest company in the United States and had the domination in the trading of communications, power, and weather securities (Corporate Narc, nd). At first sight, Enron looks like an excellent corporate citizen, with all the corporate social responsibility (CSR) and business ethics tools in community (Sims Brinkmann, 2003). However, the scandal of Enron has been the largest corporate scandal in history, and has become emblematic of institutionalized and well-planned corporate fraud; the Enron scandal involves both illegal and unethical activities. According to Carroll and Buchholtz (2008), the CFO Jeffrey Skilling and the CEO Ken Lay played major roles in the Enron scandal. Both of them committed securities fraud and conspiracy to inflate profit. In disguise debts of Enron, Lay and Skilling used off-the-books partnerships, after that they lied to investors and employees about the companys disastrous financial situation while selling their own companys shares (Carroll Buchholtz, 2008, p. 256). Enrons top level management has violated several accounting laws, SPE laws, and bent the accounting rules to satisfy their own desires of profit in the short term but ignoring long term repercussions for investors, stockholders, employees and the business itself. The close relationships that were formed among top leading executives and the board of directors grew arrogant, thinking they were invincible and causing them to act in an unethical manner. Enron allowed Andrew Fastow, the Chief Financial Officer to control two SPEs (special pur pose entities) that were knowingly connected to Enron, and gave him an opportunity to abuse his power. Enron also parked some of its debt on the balance sheet of its SPVs and kept it hidden from analysts and investors. When the extent of its debt burden came to light, Enrons credit rating fell and lenders demanded immediate payment in the sum of hundreds of millions of dollars in debt (Sims Brinkmann, 2003). It means that Enrons decision makers saw the shuffling of debt rather as a timing issue and not as an ethical one. They maintained that the company was financially stable and that many of their emerging problems really were not too serious, even though they knew the truth and were making financial decisions to protect their personal gains. No discussion of the Enron scandal would be complete without a discussion of the involvement of Enrons accountants, the firm Arthur Andersen. Arthur Andersen was one of many causes of the Enron collapse when they were the conflict of interest between the two roles played for Enron, as auditor but also as consultant. Andrew Fastow, the Chief Financial Officer of Enron pushed many deals across where he had a vested interested on both sides of the deal. By creating and knowingly participating in these deals, he put his financial greed above the responsibility to his position for the company. According to Paul and Palepu (2003) in 2000, Arthur Andersen earned $25 million in audit fees and $27 million in consulting fees, this amount accounted for roughly 27% of the audit fees of public clients for Arthur Andersens Houston office. The auditors methods were questioned as either being completed solely to receive its annual fees or for their lack of expertise in properly reviewing Enrons reve nue recognition, special entities, derivatives, and other accounting practices. Due to these relationships that Enron had with Arthur Andersen, it was just too easy for both Enron and the accounting firm to work together in covering up financial losses and debt. Andersen was also responsible for some of Enrons internal bookkeeping, with some of Andersens employees eventually leaving to work for Enron. The result of the accounting scandal was that many of the losses that Enron encountered were not reported in its financial statements. In November, 2001, Enron revises financial statements for the previous five years to account for $586 million in losses (Corporate Narc, nd). After a series of scandals involving irregular accounting procedures bordering on fraud involving Enron and its accounting firm Arthur Andersen, it stood at the verge of undergoing the largest bankruptcy in history by mid-November 2001. As Enron was considered a blue chip stock, this was an unprecedented and disastrous event in the financial world. Enrons plunge occurred after it was revealed that many of its profits and revenue were the result of deals with special purpose entities (Corporate Narc, nd). Enrons leaders also ignored, then denied serious problems with their business transactions and were more concerned about their personal financial rewards than those of the company. When the companys stock price began to drop as the problems were becoming public, the company was transitioning from one investment program to another. Impacts on Stakeholders Every business has a moral obligation to serve its stakeholders, whether they are business partners, customers, stockholders, or employees. Enrons bankruptcy has injured several parties including banks, stockholders, former employees, customers, suppliers, communities, and also the United States. Impacts on Employees The first thing, and most important thing the Enron scandal had an effect was the job situation. Carroll and Buchholtz (2008) argued that when Enron went bankrupt and then the Arthur Andersen accounting firm went out of business in 2002, employees were displaced and significantly affected (p. 47). Enrons financial implosion has cost thousands of employees their jobs, left thousands of people still employed by the bankrupt trader and left 5,600 employees jobless and facing retirements with no nest eggs (Carroll Buchholtz, 2008, p. 256). Many employees had their entire pensions vested in Enron stock, Kenneth Lay advised employees keep their Enron stock when the firm was crashing, and he was selling his own. While the employees were unable to sell their stock, Lay and other executives were quickly selling off many of their shares. The lives and savings of thousands employees were destroyed. They also were deprived of the freedom to diversify their retirement portfolios; and they had to stand by helplessly while their retirement savings evaporated at the same time that top managers cashed in on their lucrative stock options. Impacts on Investors and Stockholders As the result of Enron scandal, individual and institutional investors lost millions of dollars because they were misinformed about the firms financial performance reality through questionable accounting practices, and all of the shareholders lost the money that they had invested in the corporation after it went bankrupt. Shareholders lost nearly $11 billion when Enrons stock price, which hit a high of US$90 per share in mid-2000, plummeted to less than $1 by the end of November 2001 (Answers.com, 2010). Investors those who were hurt can never be made totally whole once again after the terrible experiences of Enron. Impacts on the United States and Communities Political parties, such as the Bush administration, who accepted contributions from Enron, were finding themselves in positions where returning the funds to Enron or donating them to a charitable. Enron also affected the United States in several important ways. If anything positive can be said about the Enron scandal, it is that the scandal itself heightened awareness of the importance of integrity in Accounting and business in general, and led to the creation of new safeguards to make sure that something like this would not happen again, or at least not to the full extent of the Enron damage. Enron cynically and knowingly created the phony California electricity crisis of 2000 and 2001. Between 30 percent and 50 percent of Californias energy industry was shut down by Enron a great deal of the time, and up to 76 percent at one point, as the company drove the price of electricity higher by nine times (Corporate Narc, nd). Impacts on Other Stakeholders The Enron scandal also harmed other stakeholders. For example, Enron top managers pressured Arthur Andersen to certify maximum-risk; questionable accounting practices in part to retain their consulting business and, by acceding to this pressure, Arthur Andersen won huge contracts in the short run however ultimately lost their professional credibility and client base. Some investment banks such as Citigroup, J.P. Morgan, and Merrill Lynch made over $200 million in fees from deals that helped Enron and other energy firms boost cash flow and hide debt, and, by failing to exercise their own adequate due diligence, they multiplied the harm done to other stakeholders. Citigroup and JP Morgan Chase in particular appeared to have significant amounts to lose with Enrons fall. Punishment Thousands of aggrieved employees, investors, and other stakeholders were waiting to find out what punishment will be meted out to those who covered up Enrons true financial position so successfully for so long. Three individuals that participated in the various frauds that were committed by Enron included the former president and CEO of Enron, Jeffrey Skilling; former chief financial officer in charge of LJM, Andrew Fastow; founder, former chairman, and CEO, Kenneth Lay. At first, in 2002, Enrons former chief financial officer, Andrew Fastow, and three other current and former Enron executives exercise their Fifth Amendment right not to testify at a congressional hearing. He was charged with securities fraud, wire fraud, mail fraud, money laundering, and conspiracy. It is alleged that Fastow and others devised a scheme to defraud Enron and its shareholders (Cbsnews.com, 2006). Fastow, his wife Lea Fastow and nine other former executives faced 31 more charges and 98 counts of fraud an d they were also indicted on a host of fraud, insider trading, and other counts (Associated Press, 2006). Andrew Fastow pleaded guilty to two counts of conspiracy. The plea called for a 10-year sentence and his aid in targeting former top Enron executives Kenneth Lay and Jeffrey Skilling. Lea Fastow pleaded guilty to filing false tax forms. Finally, in March 2006, Fastow had already pleaded guilty and faced up to 10 years in prison on two counts of conspiracy. Lay and Skilling went on trial for their part in the Enron scandal in January 2006 in Houston. Skilling faced 31 counts ranging from fraud to lying to auditors for allegedly lying about Enrons financial state. Lay faced seven counts of fraud and conspiracy for allegedly perpetuating the scheme. After six days of deliberations, on May 25, 2006 a verdict was reached in the Houston trial of former Enron chiefs Kenneth Lay and Jeffrey Skilling. Skilling was convicted of 19 of 28 counts of securities fraud and wire fraud and acquitted on the remaining nine, including charges of insider trading, making him the highest ranking former executive charged in the collapse of Enron. He was sentenced to 24 years and 4 months in prison for his role in one of the biggest corporate scandals in U.S. history (Cbsnews.com, 2006). Lay was convicted of all six counts against him, including conspiracy to commit securities and wire fraud and he faced a total sentence of up to 45 years in prison. However, be fore sentencing was scheduled, Lay died on July 5, 2006 due to a heart attack (Answers.com, 2010). Lessons from the Enron Case In the new economic, the Enron scandal has been being the morality lesson. The case will teach executives and the American public the most important ethics lessons. The first lesson it that both individuals and organizations or firms should only earn money by providing goods or services that have real value in the new economic. Moreover, executives who are paid too much can think they are above the rules and can be tempted to cut ethical corners to retain their wealth and perquisites. Every firms need to demonstrate that they have eliminated all off-books accounts which distort the publics understanding of the financial health of the organization and they should to pledge that they will not suspend the companys code of conduct, or at least report to the public when they do. In order for companies to prevent an Enron-like scandal, there needs to be supervision over managers and executives as they exercise their own business judgments about what is in the best interest for an organizat ion. Kirk Hanson (2002), executive director of the Markkula Center for Applied Ethics, explained that the Enron scandal demonstrates the need for significant reforms in accounting and corporate governance in the United States, as well as for a close look at the ethical quality of the culture of business generally and of business corporations in the United States. Due to the accounting frauds that occurred in the Enron scandal, several accounting firms should reorganize their employees towards remaining loyal to the ethical standards demanded by the SEC. In order for companies to prevent an Enron-like scandal, there needs to be supervision over managers and executives as they exercise their own business judgments about what is in the best interest for an organization. On the other hand, when accounting firms have been moving to sever in both auditing and consulting services for their consulting businesses, the SEC should probably adopt additional disclosure requirements. Government regulat ions and rules need to be updated for the new economy, not relaxed and eliminated. Conclusion Looking at the Enron scandal from the retrospective viewpoint of history, essentially most of the problems faced by Enron derive from the immoral and unethical actions taken on by the board of directors in their attempt to achieve personal profits. The Enron scandal changed the lives of everyone in America and perhaps just as importantly, it forced everyone to look at themselves and fully realize the consequences of reckless greed and the breakage of laws on a whim. Most of individuals and organizations had been receiving proper punishment and lessons for their relevance.

Hundreds Years War Essay -- essays research papers fc

Hundred Years War The definition of the Golden Rule is that those with the gold make the rules. In other words, those with the gold have the power as well as those with the power have the gold. History books will discuss the general reasons for war such as freedom from adversity or freedom from religion. But the real issue for any war is the thirst for power and control; and the means to finance them are the economic issues. Nations will endure years of fighting for power and control. France and England fought each other for more than a hundred years to have control of the Channel trade routes. 1 This century of warring was known as The Hundred Years' War and is the longest war in record history. It began in 1337 when King Edward III invaded Normandy and ended in 1453 when France won the Battle of Bordeaux. However, it was not a hundred years of constant battle; there were periods of truces in between. 2 One cause for the Hundred Years' War was the claim to the French throne. The conflict began when t he direct line of succession died without a male heir and the nobles decided to pass the crown to a cousin, Philip of Valois. But this left two other male cousins equally deserving of the crown; Charles, King of Navarre and Edward III, King of England. 3 Edward III claimed that he himself was deserving of the throne because his mother was the sister of the late French king, while Philip VI was only a cousin. But according to French law, no women could inherit the throne, nor could the crown be inherited through a woman. 4 "Philip of Valois chances of becoming King of France had been remote and he had not been brought up as the future lieutenant of God on Earth. Philip VI spent much of his resources on entertainment and finery with gay abandon." 5 This caused conflict with the king's subjects. Since the king was considered to be sacred and inviolable, neither cousin would challenge Philip VI. However, they would exploit the situation and King Edward III lost no time and inv aded Normandy with an army of 10,000 men. 6 This leads to another cause for The Hundred Years' War. The land along the Channel and Atlantic coasts was England's first line of defense against an invasion. England held claim to this territory from the twelth century through the marriage of King Henry II and Eleanor of Aquitaine. King Edward III was determined to gain control of the Fr... ...ot;Hundred Years' War." Compton's Online Encyclopedia. 1995. Hutchinson, Harold F. King Henry V. New York: John Day Company, 1967. Palmer, J.J.N. England, France and Christendom. London: University of North Carolina Press, 1972. Vale, M.G.A. English Gascony 1399-1453. London: Oxford University Press, 1970. --- Notes 1. Palmer, J.J.N., England, France and Christendom. London: University of North Carolina Press, 23. 2. "Hundred Years' War." Compton's Online Encyclopedia. 1995. 3. Palmer, 47. 4. "Hundred Years' War" 5. Duby, Georges. France in the Middle Ages 987-1460. Paris: Blackwell, 1987, 274. 6. "Hundred Years' War" 7. Barnie, John. War in Medieval English Society. Ithaca: Cornell University Press, 1974, 181. 8. Palmer, 120. 9. "Hundred Years' War" 10. Barnie, 219. 11. Duby, 233. 12. "Hundred Years' War" 13. Palmer, 161. 14. "Hundred Years' War" 15. Barnie, 25. 16. Hutchinson, Harold F. King Henry V. New York: John Day Company, 1967, 214. 17. Hutchinson, 214. 18. Barnie, 245. 19. "Hundred Years' War" 20. Vale, M.G.A. English Gascony 1399-1453. London: Oxford University Press, 1970, 165. 21. Vale, 215.

Analysis of ‘Diptych’ Essay

‘Diptych’, by Robert Gray is a free verse poem in which imagery is used to invoke feelings, but also specifically influence a reader’s first impression of character. Throughout the poem Robert Gray has swayed natural speech, used strong imagery and also included poetic tone to create a poem which allows insight to his childhood. Robert Gray has explored his parent’s struggles during their marriage, in the poem ‘Diptych’. He likens his childhood experiences to a diptych hinge, which is a painting, photograph or drawing hinged in two separate parts, the joint cannot function without both parts. The poem has two separated sections, one which addresses Gray’s feelings towards his mother and the other aimed at his memories of his father. The two parts of the poem are very different and the reader is influenced during the poem by the tone and language which Gray uses. He displays his mother as a warm and caring woman, she acts based on her emotions and this is shown through her marriage and her ability to take care of things that needed to be done. To communicate his emotions, the first part of the poem, which addresses his mother, has a sympathetic poetic tone. In the second section Gray’s father is displayed as quite opposite to his wife, he is portrayed to not be fuelled by emotions and rather by manners and the preservation of his reputation. Throughout the poem Grays parents are shown to be quite opposites of each other, yet they also have a mutuality in their relationship. The example of his parents allows Gray to communicate to the reader how people may be close to each other but entirely unalike. Gray has used poetic techniques such as punctuation, asides and a careful choice of words to convey meaning to the reader in his poem, ‘Diptych’. The portrait of his mother explores her strengths in the family, she is able to hold off a bull in her garden, ‘†¦she forced it, through the broken fence, it bellowing†¦Ã¢â‚¬â„¢. The use of words like ‘forced’ display her strength and show her duty of care. A sympathetic emotion is expressed with the words, ‘†¦stay awake in our old weatherboard house’, they communicate to the reader, his mother’s ability to show affection and place others above herself even when she is unhappy with the situation. An example of use of punctuation is shown in the part ‘†¦. This other night, my mother was reluctant to go out, and leave us kids asleep, and fell asleep herself†¦Ã¢â‚¬â„¢ this punctuation gives insight to the anxiety and worry of the situation. In the opening lines Gray has portrayed his father as unfavourable in comparison to his mother. The asides, added to include more information, aid in the portrayal. For example the inclusion of the car crash story as well as mention of his father’s drinking, ‘†¦in his state†¦Ã¢â‚¬â„¢ convey unpleasant feelings to the reader. The poem allows readers to feel the emotions which Robert Gray felt as a child. The struggles and differences between his parents have been highlighted by the specific use of punctuation and language. The form and structure of ‘Diptych’ greatly contribute to the meaning of the poem. Firstly the poem is visually placed in two parts, 1 and 2, which display an extreme change in the poem. Gray has used this to firstly talk of his mother, and then in part 2 discuss his father. The two sections of the poem are separated by the numbers, but are linked together; this is a representation of both a diptych hinge and the relationship between Gray’s parents. This structure adds to the influences Gray has over the reader of the poem, the gap between his parents is made clearer when their descriptions are not place together. The structure is another example of how Gray has been able to convey his emotions and a concept more clearly to a reader. The form throughout the poem follows no poetic structure. ‘Diptych’ is a free verse poem, and so the structure of it does not have a specific order, it is instead structure to become more dialectical. Gray has also placed words on detached lines as to be read in a way which follows natural and conversational speech. In some cases he has used this pause or separation of words to have a difference of placement allowing the reader to gain more information about what he has conveyed. The structure and form of the poem ‘Diptych’ has specifically been used to convey a stronger meaning to the reader. Robert Gray has effectively conveyed the emotions involved in his parents struggling marriage in the poem ‘Diptych’. He has also addressed the issues involved between people who are different to each other, and yet who are often in close proximity. ‘Diptych’ is a free verse poem in which Gray has correctly used imagery and poetic techniques to communicate his personal emotions to a reader.

The Main Cause Of The Great War - Free Essay Example

Sample details Pages: 7 Words: 1953 Downloads: 4 Date added: 2019/05/16 Category History Essay Level High school Topics: War Essay World War 1 Essay Did you like this example? Little did I know that the Assassination of Archduke Franz Ferdinand is one of the main causes of World War 1, it is interesting. World War 1 is also known as the Great War, because it literally the greatest war, many people were affected by it. This war began in 1915, after the assassination of Archduke Franz Ferdinand. Don’t waste time! Our writers will create an original "The Main Cause Of The Great War" essay for you Create order The war, of course, began between Austria Hungary and Serbia and eventually grew into a great war that involve 32 countries. The central powers included: Austria Hungary, Bulgaria and Ottoman Empire and they were fighting against the Allied Powers included: Great Britain, France, Russia, Italy, Romania, japan and the United State. There were many causes of the Great war. But the main cause was the death of Archduke Franz Ferdinand . Ferdinand was the Heir to the Austro-Hungarian empire who was respected by many subjects, I guess he was a great leader however, Ferdinand believed the Serbs to be pigs, thieves, murderers and scoundrels and that was that is why the Serbians were furious with Ferdinand. Ferdinand was traveling with his wife to Sarajevo to inspect his troops. It was in June 28, 1914 that Ferdinand and his wife Countess Sophie Chotek were traveling in an open top car through Sarajevo street. There was a Black Hand Gang, a citizen from this gang who is Serbian called Nedjelko Cabrinovic, heard that Ferdinand and his wife were visiting. He threw a bomb as soon as he saw the vehicle, but it missed, and it hit other people behind them. Ferdinand and his wife wanted to go to the hospital to visit these wounded people and on their way to the hospital, the driver took a wrong turn. The turn took th em to where one of the Black hand Gang was waiting and he took his shot and got them killed. This assassination set off a chain of events which descended into war. The Austria-Hungarian government blamed Serbia for the attacks and sent them an Ultimatum. Archduke Franz Ferdinand was born to Archduke Karl Ludwig of Austria and Princess Maria Annunciata of Bourbon- Two Sicilies in Graz, Austria, on December 18, 1863. He was a member of the House of Hapsburg, the rulers of the Holy Roman Empire, the Austro- Hungarian Empire and the Spanish Empire. He began his military career at age 12 and was quickly promoted through the ranks becoming a major general at the age of 13. In 1889 the emperors son commit suicide, Crown prince Rudolf. And then in 1896 the Emperor died from typhoid fever. And so, Franz Ferdinand was groomed to inherit the throne. And because he inherits the throne he was required to marry someone who is reigning or formally reigning dynasty of Europe. Franz met a Choteks girl and was fell in love with her but unfortunately, shes not royal so they kept their relationship as a secret until they were caught. The Emperor Franz Joseph did not approve of this couple but surprisingly the couple was married on July 1, 1900 . The couple had three childrens: Sophie, Maximilian and Ernst. The primary source of Franz Ferdinands was as soon as he was throne he proposed to replace Austro-Hungarian dualism with Tribalism, which is a triple monarchy in which the empires Slavs would have an equal voice in government with the Germany and Magyars. He was also considering the idea of a federalism made up of 16 states; the aim being to avoid disintegration of the fading Austro-Hungarian empire. General Oskar Potiorek invite Franz Ferdinand to visit the capital of Bosnia, Sarajevo, to inspect army manoeuvres and he accepted the invitation . Bosnia and Herzegovina were provinces that have been under Austro-Hungarian administration since 1878. Austria took over these provinces outright in 1908 and it upset the governments in the west and it led to an outrage of Serbian. Because they wanted the provinces to be a part of a Serbian led pan-Slav State instead of being a part of the Austro-Hungarian empire. As we learn about the group who killed Ferdinand and his wife. This group is called The Black hand. Their reaction to the situation was all for the freedom Serbia from the Austro-Hungarian rule . They were also known as a terrorist group who decide to assassinate Franz Ferdinand during his visit to Sarajevo on June 28, 1914. Ferdinand and his wife were in the third car of a motorcade traveling through Sarajevo to the Town Hall. As the Black Hand Gang learned earlier that Archduke Franz Ferdinand is visiting, they had several assassins positioned along the route. This couple were traveling through this town without expecting what will happen. On the way to the Town Hall, they unexpectedly experience the first assassination attempt. A man Named Nedeljko Cabrinovic threw a bomb into the car with the Archduke. However, the bomb bounced off the car and landed under the next car in the motorcade. And the car with the Archduke was able to speed away and make it safely to the Town Ha ll. Archduke Franz Ferdinand was upset. As the Mayor was giving a welcome speech at the Sarajevos city on June 28 1914, Ferdinand angrily interrupted the major saying What is the good of your speeches? I come to Sarajevo on a visit, and I get bombs thrown at me. It is outrageous! . The assassins did not give up, however. On the return trip, the motorcade took a wrong turn. When the driver began to back up, another assassin named Gavrilo Princip happened to be the right next to the car. He took advantage of this opportunity and began firing at the Archduke . He fired twice, hitting the Archduke once and his wife Sophie. Gavrilo Princip was jumped by the crowd and was arrested by the police. As the car was speeding to the Governors residence to get medical help it was too late. Sophie was already dead before they arrived, and the Archduke died a few minutes later. Franz and his wife were buried in a crypt beneath the chapel of his castle, Artstetten. The assassination provided Austria-Hungary with an excuse to act against Serbia. Austria- Hungary government saw the assassination as a direct attack on the country and believed that the Serbians had helped the Bosnian terrorists in the attack. The Austria would made cruel demands on the Serbians under hatred but eh Serbians always rejected it. At the same time, the Russian began to rally up their army to help protect Serbia. Because the Serbians kept rejecting the demands from the Austrian the Austrian then declared war against Serbia. And few days later, the Germany rally up their army against Russia, the Germany became allied to the Austria-Hungary. And then the France appeared in and rally up their army to help its ally Russia and so Germany followed by declaring war against France . And World War 1 had begun. Interesting how this assassination of two people results in a greatest war. I have been thinking a lot about how much these people support their leader and how much they value their appointed leader and their country. Politically, it shows how good their government is. And I bet they govern their governments good. Now the memory of Archduke Franz Ferdinand will forever be remembered by his people during his reign. And I have seen how much some countries never support their leader like how the Austrian-Hungary did, that they ended up creating this huge war which was called the greatest war. As I mentioned earlier how all these other countries decided to get involved in the war between Austria and Serbia, so they can support their allies. The countries were divided into two powers. Central Powers: Austria- Hungary and Germany and the Allied Powers: Russia, France, Great Britain and Italy. The modern world had lived to see how horror caused from these wars. By the time armistice was signed, November 11, 1918, 20 million people had been killed and that includes 113, 000 U.S. soldiers and 20 million people wounded . The aftermath of the World War 1 is still being felt after it concludes. There were several effects of World War 1: the downfall of four monarchies which are Germany, Turkey, Austria-Hungary and Russia. The war made people more open to other ideologies, such as the Bolsheviks that came to power in Russia and Fascism that triumphed in Italy and even later in Germany. World War 1 also marked the end of colonialism, as the people became more nationalistic and the one country after the other started colonial revolts in Southeast Asia, the Middle East and Africa . Also, the war changed the economical balance of the world, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in the world. Due to the cruel methods used during the war and the losses suffered, WW1 caused a lot of bitterness among nations, which also greatly contributed to WW1 decades later. The social life also changed, the women had to run businesses while the men were at war and labor laws started to be enforced due to mass production and mechanization. People all wanted better living standards. And, WW1 boosted research in technology, because better transport and means of communication gave countries and advantage over their enemies. Those are some of the effects from WW1. There are many other effects, but the fact of the matter is that after this devastating war, the world was never be the same anymore. Other historians agree that WW1 created an atmosphere that allowed the rise of the Nazi Party and the start of WW2. Anyways, WW1 had some consequences that I would like to be mentioned in my paper. Economically, World War 1 cost the participating countries a lot of money. Germany and Great Britain spent about 60% of the money their economy produced. Countries had to raise taxes and borrow money from their citizens. They also printed money to buy weapons and other things they needed for war. Politically, World War 1 brought an end to four monarchies: Czar Nicholas II of Russia, Kaiser Wilhelm of Germany, Emperor Charles of Austria and the sultan of the Ottoman Empire had to step down. And socially, World War 1 changed society completely. Birth rates went down because millions of young men died. Civilians lost their homes and fled to other countries. The role of women also changed. They played a major part in replacing men in factories and offices. Many countries gave women more rights after the war had ended, including the right to vote. Those are some of the consequences from World War 1. The Great war also known as World War 1 was the cruelest war ever happened. A lot of people died and so many changes were made from this War. some of those changes are still visible in todays world. So, what? I never knew the history of the Archduke Franz Ferdinand until I decided to write a paper about the great war. And this guy is a real history that we should all know and remember because it was his death that causes the great war. His assassination led to World War 1 between his country and the country who assassinate him and his wife and got other countries involve. And then it set off the stage for World War 2 and so forth. The history of this man matters in todays time and forever. And like I mentioned earlier that the fact that the Austria-Hungary started threatening the Serbians of the attack and ended up starting the war for the sake of their one and only leader who was killed symbolize how unison these people are. And I guess Archduke Franz Ferdinand was really is a great leader and someone that everyone in his country support and love. But what if the Austrian did not support Ferdinand and their country, I bet there will never a war.