How To Write A Critical Essay

How To Write A Critical Essay These definitions may not always be necessary and you should use your own discretion based on the subject material. This is the first paragraph of the introduction. Click through the slides below to learn about the key characteristics of academic writing. The reference list is at the end of your essay and is a list of all the sources you used in-text to support your argument. Finally, make sure you read carefully any feedback you are given on your essays. Your tutors will be keen to help you learn and progress. If there is a word count for your essay try to devote 10% of this to your introduction. When you are writing an evaluation paragraph use the PEC system. It is more appropriate to use original content to demonstrate your understanding. Each paragraph should have a purpose / theme, and make a number of points - which need to be support by high quality evidence. Be clear why each point is is relevant to the argument. Remember to follow the formula to structure your introduction. The real value of writing introductions based on a simple structural formula is that you’re more likely to feel more confident about what you’re writing. As you develop your writing skills you can modify your style to suit your needs. By reading, we mean published, peer-reviewed literature; Wikipedia does not count! Other websites should not be cited in essays, but you can use them to further your understanding and get lists of peer-reviewed literature to read. You also need to check spelling, sentence structure and punctuation. Correct all of these on your first draft unless you are making drastic changes which require a significant amount of rewriting. If you choose to use a printed copy of your writing, you might find it useful to use a different pen so that the corrections and alterations are clearly visible. Check sentence structure, spelling and punctuation as you revise. That means that the best essays are about surprise, “You probably think it’s one way, but in reality, you should think of it this other way.” See tip #3 for more on this. It would be useful at the beginning of each paragraph if you explicitly outlined the theme being discussed (.e.g. cognitive development, social development etc.). It is best to structure your essay according to key themes. You can read my ten best tips for having fun while writing an essay that earns you the top grade, or checkout this presentation designed by our friends at Canva Presentations. Yes, you need to follow the guidelines in your assignment. All sources referenced accurately and in line with APA guidelines. At undergraduate level, more so than at A-Level, you will need to demonstrate evidence of further reading. Lectures are supposed to be a pointer and guide for your further reading. Essays usually have an introduction, body paragraphs, a conclusion and a reference list. Ideally the conclusion should summarize the key themes / arguments of your essay. State the take home message â€" don’t sit on the fence, instead weigh up the evidence presented in the essay and make a decision which side of the argument has more support. Themes are illustrated and developed through a number of points . Choose relevant points only, ones that most reveal the theme or help to make a convincing and interesting argument. In the main body of the essay every paragraph should demonstrate both knowledge and critical evaluation. Quality of Written Communication - writing clearly and succinctly with appropriate use of paragraphs, spelling and grammar.

Calculation of 10-Day Portfolio VaR Historical Simulation - 1925 Words

Calculation of 10-Day Portfolio VaR: Advantages and Disadvantages of Historical Simulation (Essay Sample) Content: Calculation of 10-day portfolio VaRValue at Risk is a measure of financial risk that is widely used. It gives a method of determining the quantity of risk of a portfolio and managing the risk (Marrison, 2002). In calculating the 10-day VaR, three ASX-listed companies were selected. The companies were Azure Healthcare Ltd (AZV.AX), Azonto Petroleum Ltd (APY.AX), and National Australia Bank Limited (NAB.AX). The respective returns for the respective companies (in AUD) were obtained for the period between. The calculations were done using two different methods, the historical simulation and the Variance Covariance parameter approach (VCV approach).Justification for chosen calculation methodsHistorical simulationHistorical simulation was chosen because it offers an implementation of the full valuation in a straightforward manner. Market states are simulated and produced through the addition of the period-to-period changes in market variables in a specific time series to t he base case. The historical simulation assumes primarily that there is a full representation of the set of possible future scenarios by the events of a particular historical window. In this method, a set of changes in the risk factor are collected over a given historical window. The scenarios obtained are then assumed to represent all the possibilities that might happen in the immediate future (Alexander, 2008).Advantages and disadvantages of historical simulationA major advantage of historical simulation is that no assumptions are made about the changes in risk factor being from a specific distribution. As a result, this methodology is consistent with changes in risk factor originating from any distribution. Historical simulation also does not involve any estimation of the statistical parameters like variances or covariance. It is also continuously exempt from the unavoidable estimation errors. It is easy to explain and defend even to an audience that is not technical yet importan t, like the corporate board of directors. No assumptions are needed on the distributions of the risk factors, there is ease revaluating the full portfolio based on the scenery data, and it is intuitively simplistic and obvious (Hull, 2008).Historical simulation also has certain disadvantages. Accomplishing the purest form of historical simulation is difficult since the method poses the requirement of data about risk factors spanning over a long historical period. This requirement is usually necessary so that what might happen in the future can be adequately represented. The method also does not involve distributional assumptions. The scenarios used in calculating VaR are restricted to the ones that took place in the historical sample (Bohdalova, 2007). The past is not always a good way of modeling for the future. There is also a high possibility of gaining results that are erroneous if the sample size is not sufficient (Boyarshinov, 2016).Variance-covariance methodThe variance cova riance (VCV) method makes use of a historical sample of the risk factors of a portfolio value. It functions almost like the historical simulation. However, unlike the historical simulation, the variance covariance method assumes that there are normally distributed logarithmic yields for the risk factors. The estimate of the VaR is then equated to a sample quartile of the portfolio yield volatility. The volatility of the portfolio yield is calculated depending on the covariance between portfolio risk factor yields.Advantages and disadvantages of Variance-covariance methodThere are many advantages of variance covariance method. They are easy to implement as compared to the historical simulation method and the Monte Carlo Simulation. The method requires less historical data in comparison to the historical simulation method. In most cases, it has an acceptable precision and accuracy.The method also has its disadvantages. VCV method has a low quality of estimates for securities whose pri ces have nonlinear dependence on the risk factors. The assumption of the logarithmic distribution of the yields of the risk factors is not always correct. It also ignores the risk of extreme events that can cause significant losses in the value of the portfolio (Boyarshinov, 2016).The Monte Carlo Simulation method was not chosen because of its high dependence on the resource which makes it very time-consuming. The sample sizes of observations that are used in deriving the distribution kind and parameters are also often insufficient. The insufficiency can lead to incorrect estimates of VaR.Calculation of VaR using Variance-covariance methodIn this method, the simple moving average (SMA) method was used. The calculations involved include the SMA daily volatility, SMA daily VaR, and Portfolio holding SMA VaR.The portfolio comprises equal exposures of 1000 shares for all the stocks. The market price for AZV.AX, APY.AX and NAB.AX were AUD 0.068, 0.015 and 28.94 respectively. The histori cal price data for all the three companies were obtained for the period of 14th July 2015 to 13th May 2016. The daily time series are presented in the extract in Figure 1.this period is called the look-back period, which is the period over which the risk is evaluated.Figure SEQ Figure \* ARABIC 1: Time series data for AZV, APY and NABIt is first important to determine the return series. To obtain this, the natural logarithms of the ratio of successive prices are determined. This is shown in Figure 2.The formula shown in the figure is LN(Cell B19/Cell B18). In cell B19 there is 0.15 while in cell B18 there is 0.15. calculating the LN(0.15/0.15) gives 0 as shown in cell H19.Figure SEQ Figure \* ARABIC 2: Return SeriesThe next step is to calculate the daily volatility is calculated using the formula:Rt = rate of return at time, t.E(R) = mean of return distributionThe squared differences of Rt are summed over E(R) across all data points then the results are divided by the number of re turns in the series minus one so that the variance can be obtained (Alexander, 2008).After this, the square rood to the result is calculated, which is the standard deviation (SMA volatility) of the return series. The method used in this calculation, however is the use of the STDEV function in EXCEL, which is applied to the return series as illustrated in Figure 3. The daily volatility is determined as 0.494429 for the portfolio.Figure SEQ Figure \* ARABIC 3: Calculating the daily volatilityGetting the SMA VaR is determining how much will be lost over a particular holding period with a particular probability. The daily volatility is multiplied by the z-value of the inverse of the standard normol cumulative distribution function (CDF) which corresponds with a specific confidence level, which is the NORMSINV (confidence level). For example, in our case, the confidence level is 99%, so it is expressed in excel as NORMSINV (99%). Figure 4 shows how the daily VaR is calculatedFigure SEQ Figure \* ARABIC 4: Daily VolatilityFigure 4 show that the daily VaR is 1.150214. The VaR is the Daily VaR multiplied by the square root of the holding period in days. The square root function in excel is SQRT. Figure 5 shows how the calculation is done in excel.Figure SEQ Figure \* ARABIC 5: VaRCalculating VaR using the Historical Simulation methodIn this method, there is no assumption that is made about the return distribution that is underlying. The first step is to obtain the return series and reorder them into ascending order from the smallest to the largest returns. This is done by use of the Sort function in excel. After reordering the values, the number of returns in the series is counted using the COUNTA formula as shown in Figure 6 (Bohdalova, 2007).Figure SEQ Figure \* ARABIC 6: Determining the number of returnsFrom our series, there are 218 returns. The daily VaR is then calculated as the return that is corresponding to the index number. It is calculated by subtractin g the confidence level then multiplying it with the number of returns at the point where the result is rounded down to the nearest integer. The integer is the index number for a particular return. This is shown in Figure 7.Figure SEQ Figure \* ARABIC 7: Historical SimulationThe 10-day VaR is then calculated by multiplying the daily VaR by the square root of the holding period- 10 days. Figure 8 shows how this is done.Figure SEQ Figure \* ARABIC 8: 10-day VaR.From our calculations, the 10-day VaR for AZV.AX, APY.AX and NAB.AX are 0.705641867, 0.909730591 and 0.150688793 respectively. The respective amounts of worst case loss are AUD 47.98364698, 13.64595886 and 4360.933676.In order to calculate the portfolio VaR through the historical simulation, the returns are combined to get the portfolio change as shown in Figure 9.Figure SEQ Figure \* ARABIC 9: Calculating portfolio changeThe obtained values are then sorted in an ascending order from the least to the largest value. The number of observation is equivalent to the index, which is manually assigned. After this, the VaR is calculated for each portfolio change as shown in Figure 10.Figure SEQ Figure \* ARABIC 10: Calculating VaR historicCell D10 contains the sum of all portfolio values, it is shown in Figure 11.Figure SEQ Figure \* ARABIC 11: Sum of portfolio valuesTo get the VaR that corresponds to our rounded down Number of Observation (Index), the IF function is used in column R as shown in Figure 12.Figure SEQ Figure \* ARABIC 12: Obtaining the VaRAll possible values of VaR obtained by the IF function are then summed up to get the overall VaR. This step is not very necessary since only one value is obtained by the IF function. However, it is required to set the result at an obvious position. It is shown in figure 13.Figure SEQ Figure \* ARABIC 13: VaRNo...

Theme Of Red Convertible - 1581 Words

The Red Convertible In the â€Å"Red Convertible† by Louise Erdrich the theme is evident. Throughout the story he shows that situations in can have life altering effects. Erdrich takes the reader on a journey of two brothers whose names were Lyman and Henry. He covers us from the time they buy their first car, to the time of the death of Henry, the older brother. He uses a myriad of literary devices to bring the story across. Erdrich used the reservation as the setting because it foreshadows the loneliness that each character experiences. In addition, he uses the reservation to symbolize the hardship and loneliness of life in the Lyman and Henry. He uses the red convertible to symbolize the journey that each brother went through. In addition,†¦show more content†¦After the war he was silent, got distracted easily and was reserved. Erdrich describes that he was as quite, and was â€Å"never comfortable sitting still anywhere but he always up moving around. (pg 4)†. Lyman is very di straught at this change and would do anything to have his brother back. Therefore, he plans to mess up the car because of an earlier conversation with his family which expressed that the doctors could not cure him â€Å"they will just give them drugs (5).† This shows the lack of faith the Indians has in doctors. As a result, he destroyed the car he kept in tip top condition. Erdrich describes Lyman ruining the car, he â€Å"whacked it up, bent the pipe tail, ripped the muffler loose†¦I made it look as beat up as I could† (5). Fortunately, his plan workes. It took Henry over a month to find the car, but Lyman was okay with that because it was getting warm enough for Henry to start working on it. Lyman states that â€Å"Henry was better than he had been before† but that is an understatement. Even though, â€Å"he ate more slowly and didn’t jump around during a meal†¦ or look out the window (5)†, Lyman was unsatisfied with the results. He states â€Å"feeling down in the dumps about his brother, before the war they had always been henry and Lyman, but he was such a loner now. (6)† His very plan was crumbling before his eyes. No matter how hard Lyman tries he could not fully recover his long-lost brother. As a result, of his plan, one can assume that Lyman felt neglected.Show MoreRelatedTheme of the Red Convertible Essay611 Words   |  3 PagesTheme of The Red Convertible In The Red Convertible, LouiseErdrich uses the red convertible to symbolize the theme of change in two brothers relationship. The changes in the car parallel with the changes the brothers go through. As the car evolves, so does the relationship between Lyman and Henry. The two brothers have a close bond until Henry is sent off to war. Upon his arrival home, the changes in Henry and how he relates to his brother is apparent. As the short story opens, the brothersRead MoreTheme Of The Red Convertible In The Things They Carried744 Words   |  3 PagesBoth Erdrich’s, â€Å"The Red Convertible†, and OBriens, â€Å"The Things They Carried† reflect the effects of psychological trauma left by war; specifically, the Vietnam War. In Erdrich’s piece, she uses the red convertible as a metaphor for Henry. The fact that the two brothers purchased the convertible together is a serves to symbolize their bond. Yet, when Henry returns from his tenure as a soldier, his mental health has deteriorated into an apparently depressive state. I believe that Lyman’s act ofRead MoreTheme of Brotherly Love in Sonny’s Blues’ and The Red Convertible727 Words   |  3 PagesTheme of Brotherly Love INTRODUCTION Humanity experiences and shares different types of love because of its social nature, love that is synonymous with affection exist between likeminded and behavioral beings; brotherly love exists between siblings born to one mother or father o a combination of both. Although this definition is subjective, brotherly love extends beyond ones kinship to include persons whom you share same beliefs and values in life, in religious circles brotherly love is shown toRead MoreSymbolism in the Red Convertible1272 Words   |  6 PagesOctober 1st, 2012 Symbolism in the Red Convertible In writing, authors use symbolism to relay a deeper meaning to what they actually write. This technique captures important elements and gives the reader an idea of the theme of the story without the author directly telling them. Louise Erdrich uses symbolism to help emphasize and reveal the themes and message of her stories. â€Å"The Red Convertible,† by Erdrich, is a story about brotherly love as the highest value between two brothers, Lyman and HenryRead MoreThe Red Convertible1631 Words   |  7 Pagesindividual an array of events followed by a variety of emotions and lasting event but it is not always as delightful as the ones that make a last impression. â€Å"The Red Convertible† is about the memorable moments that the Lamartine brothers share together based on their pride for their red convertible. The shared love for the red convertible inspired the lasting memories for the Lamartine brothers; However, precisely like life, the memories were sewn into the broth er’s hearts and life continues. HenryRead MoreThe Red Convertible By Louise Erdrich931 Words   |  4 Pages In the short story â€Å"The Red Convertible,† by Louise Erdrich, there are multiple literary devices used throughout. However, Erdrich most commonly utilizes theme and symbolism. She uses certain themes throughout most of her work, as noted by Keri L. Overall in a literary analysis. â€Å"Indeed, the themes of Erdrich’s stories range from the effects of war on families and personal identity to loss of heritage and family and personal relationships.† Erdrich also employs the use of symbolism in this storyRead MoreSymbolism in the Red Convertible Essay643 Words   |  3 PagesSymbolism of the Color Red in the Red Convertible The Red Convertible by Louise Erdrich is more than an emotional story about the lives of two brothers who grew up together on an Indian reservation. She uses a writing style that allows the reader to understand the text, while providing the opportunity to read into the story. Erdrich uses metaphors, symbols, imagery to describe and define the brothers Henry and Lyman’s relationship. The two brothers purchased the red convertible together. The purchaseRead More The Red Convertible Essay examples1179 Words   |  5 PagesThe Red Convertible Vanished Brotherhood In the short story â€Å"The Red Convertible† you will find some important elements that are integral to the support and development of the theme brotherhood. First, you will see how the road trip gives a lesson in the story. Second, you will discover how the war affected the relationship of Lyman and Henry. Finally, you will understand the symbolism of the red convertible and the link it has between both brothers. One important element that has a powerfulRead MoreEssay on Compare and Contrast of Two Stories.919 Words   |  4 PagesYuhas English - 6 6 May, 2013 ‘An Occurrence at Owl Creek Bridge’ and ‘The Red Convertible’ ‘An Occurrence at Owl Creek Bridge’ by Ambrose Bierce and ‘The Red Convertible’ by Louise Erdrich both recount sorrowful tales of men during times of war. The stories differ in that ‘An Occurrence at Owl Creek Bridge’ is a story written in reverse, where the readers do not truly know the plot until the end- whereas ‘The Red Convertible’ is just a man recounting the story of his long lost brother. However despiteRead MoreAn Analysis Of Louise Erdrich s The Red Convertible 840 Words   |  4 Pagesimportant than the characters of the story. In Louise Erdrich s The Red Convertible, the car played the same important role as the characters did, but for different reasons. Two brothers, Lyman and Henry, had very little in common other than their blood. One day they decided to catch a ride to Winnipeg. The car was introduced while these two were doing some sightseeing in the city. They spotted the red Oldsmobile convertible. Lyman, the storyteller, almost made the car a living thing when he said

The Great Depression Essay example - 1284 Words

The Depression was a period of time after the economic boom of the 1920s in America, when the economy went downhill. People lost money, jobs, shares, businusses went bankrupt and the farming industry suffered greatly. The Republic Government at the time lead by Hoover was still following policies of Lassez Faire so business was not getting the support it needed to get it back on track. The Republic Governments Protectionist policies were one of the causes of the great depression. There were trade problems associated with their protectionist policies. The Republic Government made high tarrifs on imported goods. This was to make sure that the Americans were buying their own products. Buying American products meant that they would be†¦show more content†¦The Farmers found that they could not payy of their mortgage debts and got evicted from their residences and farms as a result. Workers lost their jobs because the employees were no longer in control as they had been evicted because they couldnt pay off debts. International Debt was another cause of the depression in the United States. The United States was still being effected by International trends. Even though the US was going through a stage of prosperity, the International economy was still recovering from war. There were war debts that needed to be repayed to other nations. There were reparation repayments that needed to be payed because of the effects of the war. Also the depression and inflation of Germany which was Europes largest economy had an impact on the economy of the United States. The Wall Street Crash was a trigger for the collapse of the United States economy.On Tuesday the 24th of October lots of inverstors tried to sell their shares at once. this made share prices drop very fast. by the end of the day the stock exchange had lost four billion dollars. Many of the stock brokers sold shares on margin. To buy shares to begin with they had to borrow money from the banks. when the stock prices began falling the brokers needed to repay their debts to the banks. the only way to do that was if their customers payed them back. the customers had to sell their shares to pay the brokers back and theyShow MoreRelatedThe Depression Of The Great Depression1223 Words   |  5 Pagesfar-reaching consequences as the Great Depression. This experience was the most extended and severe depression of the Western world. It was an economic downturn that began in 1929 and lasted until 1939. A large amount of America’s labor force lost their jobs and suffered during this cris is. During the nation’s financial disaster, Franklin Delano Roosevelt became president and made extensive changes to America’s political structure. The effects of the Great Depression had lasting consequences that areRead MoreThe Depression Of The Great Depression1232 Words   |  5 Pagespeople think that the stock crash was to blame for the Great Depression but that is not correct. Both the crash and depression were the result of problems with the economy that were still underneath society s minds. The depression affected people in a series of ways: poverty is spreading causing farm distress, unemployment, health, family stresses and unfortunately, discrimination increases. America tended to blame Hoover for the depression and all the problems. When the 1932 election came peopleRead MoreThe Great Depression Essay1390 Words   |  6 PagesIntroduction: The world had faced two main economic problems. The first one was the Great Depression in the early of 20th Century. The second was the recent international financial crisis in 2008. The United States and Europe suffered severely for a long time from the great depression. The great depression was a great step and changed completely the economic policy making and the economic thoughts. It was not only an economic situation bit it was also miserable making, made people more attentionRead MoreThe Great Depression1292 Words   |  6 PagesBefore the crash Before the start of the great depression the United States was a country of great economic wealth, with new technology being invented and a boom in industry. Due to a boom in America’s Industry because of World War One the economy was at an all-time high with a tremendous amount of prosperity. Following the end of world war one the industrial might that America had was being used for peaceful, domestic purposes instead of being used for violence and war. New technologies like carsRead MoreThe Depression Of The Great Depression2071 Words   |  9 PagesPaul Von Hindenburg appointed Adolf Hitler Chancellor on the 30th January 1933. The Depression did play a vital role in this, however other factors such as the Nazis propaganda, the resentment of the Weimar republic and the political situation of 1932-1933 also contributed to his success. Before the Great Depression, the Nazis gained 12 seats and 2.6% of the vote in the May election of 1928. Despite this, by July 1932, Hitler gained 230 seats and 37.3% of the vote in the Reichstag. This is a dramaticRead MoreThe Great Depression1731 Words   |  7 PagesThe 1920’s was a decade of discovery for America. As mentioned in â€Å"who was roaring in the twenties? —Origins of the great depression,† by Robert S. McElvaine America suffered with the great depression due to several factors but it managed to stay prosperous at the end. In â€Å"America society and culture in the 1920’s,† by David A. Shannon there was much more to the great depression. It was a time of prosperity an economic change. Women and men were discovering who they were and their value to societyRead MoreThe Great Depression1551 Words   |  6 PagesThe Great Depression was one of the most devastating events recorded in history. The nation as a whole plummeted in one econ omic downfall. Few individuals escaped the effects of the depression. The hardship of unemployment and the loss of homes and farms were a large portion of the pain caused by the economic crisis. Through all of these sufferings, women had a large impact on society. Women faced heavy discrimination and social criticism during the Depression Even though through research it is provenRead MoreThe Great Depression1186 Words   |  5 Pagesfriends is the true definition of of what the Great Depression really was. It was a time that most people want to never remember or ever happen again. You would think the United States would have learned from their mistakes but it seems we are going down the same road once again without even taking a step back and realizing it. When people talk about the Great Depression not a single person will have anything good to say about it. It caused families a great deal of pain that they will never forget. WithRead MoreThe Great Depression1368 Words   |  6 PagesAfter WW1 the Great Depression had a very late impact on the major film companies in France, when it did, it unfortunately caused several film studios to go bankrupt, then in the late 1920’s to 1930’s many small film companies and groups emerged giving birth to the tendency called poetic realism. Because the large companies who made films with a focus on making money were gone the filmmakers and artists were able to concern themselves with the art of film, they often took poetic innovations thatRead MoreThe Great Depression1133 Words   |  5 Pagesâ€Å"The only thing we have to fear is fear itself,† is a famous quote once said during the Great Depression by Franklin D. Roosevelt. After one world war, great financial fallout, and another world war to follow, the twentieth century was already shaping out to be a handful. When the Great Depression was coming to an end and the economy was trying to turn around, jobs started opening up and a new wave of imm igrants came into New York, the Puerto Ricans. For some the American dream was to come to

Relativism Michigan Ross Publication †Free Samples to Students

Question: Discuss about the Relativism Michigan Ross Publication. Answer: Introduction: Most of the times businesses find themselves in a dilemma on deciding what is morally right. According to Shaw, et al. (2013, p. 26) there are many analytical and reasoning skills that business can apply to resolve these issues once they occur. To avoid the occurrence of unethical business related issues, the managers should ensure there are always the concepts of honesty and integrity and fair practices in place. However, this is not the case for the FIFA scandal that has largely affected its stakeholders. The corruption scandal at FIFA evidently eroded the dignity of the federation, and inconsequently affected the operations and affairs with the outside business and corporate environment. While it is debatable about the extent of the moral rot and the parties involved with pending investigations, the most affected stakeholders are the sponsors. Despite wild allegations that speculated that viewership of the premier football matches was at stake, many experts including Professor David Mayer at Michigan Ross are objected to the postulation. He says, My guess is it will not impact viewership, and if there is money to be made will not have a big impact on businesses who support the World Cup, which resoundingly assures the federations sponsorship, since it is the backbone of the trade (Michigan Ross 2015 p. 32). As this paper digs deeper into the controversies to highlight the degree of breach of regulations and associated impact to the affected stakeholders, the plain truth reveals itself. With multibillion sponsor partners such as Coca-Cola and Adidas having expressed their dire concerns with the malice at the heart of FIFA, the federation must be nuts to put its house in order before misery catches up. On the other hand, McDonald's is unsettled about the same, because Americans are zero tolerant to subverted ethics and anti-corruption (Wilson 2015, p. 49-51). In addition to the three above, Sonny, Hyundai, Adidas among others have as well threatened to loosen ties with the ill-fated federation, should justice and transparency be denied (Karr 2016, p. 23). Not to forget, the top officials of the governing council have as well be affected, given that Swiss authorities arrested six FIFA executives in the annual meeting in Zurich, who will later be charged with misappropriation of funds (McFarland 2015, p. 33). Since the allegations and consequent pursue of impunity, FIFA has realized that it owes its shareholders a great deal of responsibility. Thierry Weil, the Director of Marketing, expressed his regrets over breached rights to the partners and reaffirmed allegiance to the law for sustained activities of the federation, as well as its responsibility to the millions of fans around the world (Petriglieri 2015, p. 121). Lastly, some member states of the federation are as well guilty of the dishonesty that almost paralyzed its operations and reputation. Notably, Russia was hinted to have participated in the vice that saw funds exchange hands in return for a favor. For instance, Putin must have played a part to have the 2018 edition hosted in Moscow, for both prestige and economic reasons (Bremmer 2015). Ultimately, the leadership crisis that was just unveiled under Sepp Blatters tenure has mostly affected stakeholders, members and randy executives who might be locked behind bars when found g uilty. Reference List Bremmer, I. June 2015. These Are the 5 Facts That Explain the FIFA Scandal. Time. Available from https://time.com/3910054/fifa-scandal-sepp-blatter/ [24 September 2017] Karr, B. March 2016. "FIFA and the Stakeholders' Rights to Responsibility." Linked In. vol. 46, no. 18, pp 18-25. Mayer, D. and Schipani, C. 2015. "The FIFA Scandal Ethics, Cost, and Relativism." Michigan Ross Publication. University of Michigan Ross School of Business. Vol. 23, no.5, pp30-38. McFarland, K. may 2015. "Everything You Need to Know About FIFA's Corruption Scandal." Wired.com. available at https://www.wired.com/2015/05/fifa-scandal-explained/ [24 September 2017]. Petriglieri, J. June 2015. "How a FIFA-Like Scandal Affects Your Talent Pipeline." Harvard Business Review. Vol. 112, no.22 pp 119-128. Shaw, W. H., Barry, V. Sansbury, G., 2013. Oral issues in business. 2nd ed. South Melbourne: Victoria Cengage Learning Australia. Wilson, B. May 2015. "FIFA Scandal 'A Disaster' for Sponsors." BBC News. May 2015. Pp 48-61.

Orange Slices free essay sample

Orange Slices In class on Friday, I found myself with a very unfamiliar taste in my mouth. While I didn’t know it at the time because I had never tried one before, it was a jelly-like candy coated with sugar, called an Orange Slice. It reminded me of something I would have loved to eat when I was a little kid. I was surprised to discover that these little orange candies have been around for decades and have a large fan base. Dan, an Orange Slice fan from Oregon says, â€Å"Even today when my grandchildren visit we love sitting around putting Orange Slices in our mouths and beaming at each other with bright orange smiles† (Old Time Candy). Another Orange Slice admirer, Tamara, from Florida says, â€Å"I didnt think something so small as candy could bring so much joy† (Old Time Candy). I am now proud to say that I have jumped on the bandwagon of Orange Slice enthusiasts, and would like to share my very first experience with this delectable candy. We will write a custom essay sample on Orange Slices or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The first thing to hit my tongue was the gritty outside layer of the food. The texture of the first layer felt like I left my mouth open on the beach as the salty breeze floated by and airborne particles of grimy sand planted themselves there. The taste of the outer layer was so sweet and sugary it was almost sour enough to make me pucker my lips. As I bit down, my teeth sunk slowly through the thick candy as a warm juicy burst of flavor erupted to fill every corner of my mouth, like a long tumbling wave releasing its energy as it finally comes crashing down on the unsuspecting shore. I could taste the sun in the balmy orange flavor of the candy. It was as if I was at a seaside carnival, and the ripest, juiciest oranges in the world replaced the colorful balls I landed in after coming off the slide. The texture was as heavy and thick as the humid evening air on the coast, but it was also smooth and wet as the tops of the jellyfish that make a quick and subtle appearance on the crest of each wave, and then fade suddenly back into the vast shadows of the sea, never again to be seen by the same set of eyes. The candy stuck itself in the most awkward spaces in my mouth, my tongue unable to rescue it, like the sand that buries itself in the most inappropriate spaces of my bikini, after a nice swim in the warm ocean water. Neither the candy suck in my mouth or the sand stuck in my bikini can be removed politely in public. As the final bites of the candy are chewed and swallowed, it’s as if I am packing my belongs to depart the bliss of paradise and return to the drabness of every day live. The after taste is bitter sweet like the road trip home. Nostalgia sets in as I think about the amazing experience my mouth just had, like the days after a vacation when I look through the pictures and am distressed to realize I can’t easily revisit the feelings and tastes of ecstasy provided by a vacation just the same as the Orange Slice candy. Works Cited â€Å"Orange Slice Memories.† Old Time Candy Company. LaGrange, OH (2000-2008) http://www.oldtimecandy.com/memories/orange-slices-memories.htm

Extraterrestrial Life essays

Extraterrestrial Life essays As biologists learn about life on Earth in all its diversity, and at the rate that new planets are being discovered the search for life elsewhere grows more steadily pressing. We have discovered organisms on the Earth that seem tenacious and tough almost to a fault; they thrive in the most seemingly adverse conditions imaginable, and organisms so fragile and specialized so as to exist in only the most isolated and pristine environments. With the knowledge of this great amount of diversity it is a safe bet that we will one day find organisms in other parts of the galaxy that are not indigenous to the earth. This richness of diverse life though is comprised of creatures that could only survive on the Earth, so in order to draw any strong conclusions life must be found elsewhere. Due to their relative proximity the planets of our own solar system are the best place to start this search. And finally what types of organisms could we expect to find on other planets judging from the sam ples on earth? Even with the great diversity of life on earth and new species being discovered almost daily it is unlikely that any terrestrial creatures could survive in the environments of the other planets we have discovered thus far. There is compelling evidence of flowing water on mars and that the moons of Jupiter could contain even vast frozen oceans but these are still unknowns. The other planets we have discovered outside of our solar system all appear to be gas giants similar to the gas giants of our own solar system and these planets and these planets seem like the least likely place to harbor any organisms that we know of. But we must work with the knowledge that we already have and apply the template of life to the rest of the universe since what we have learned of life on earth is all that we know however unlikely it may seem that any of the terrestrial organisms could survive off the earth. We must find organi ...