Thursday, October 10, 2019
Religious Persecution
Religious Persecution Religious persecution is a complex situation in the world. Many countries have this situation. In the country of Whitia, a large group of Whitians is being persecuted for its religious beliefs by a larger religious group. They are not allowed to worship or display their religious beliefs in any way. Theyââ¬â¢re being stoned and imprisoned, and their religious leader has been burned at the stake. It is not easy to solve this problem by its own government.The United States should get involved in this situation. The United States could get involved in this situation by several ways, such as giving food and medicine to the Whitians who are being persecuted, and talking to Whitian government. People in Whitia who are being persecuted need food and medicine. But they canââ¬â¢t get those things from their own government because the larger religious group controls the government.The larger religious group regards them as enemies because of their different religiou s beliefs, so they wonââ¬â¢t give anything to them. A lot of Whitians die by hunger and disease. This situation aggravates theà conflict between the two different religious groups. With the United Statesââ¬â¢ help, food and medicine will save a lot of peopleââ¬â¢s life. Intervention Action is good for reducing the conflict between the two groups. The United States can also talk to the Whitian government about the importance of peopleââ¬â¢s life and freedom.It could make the government realize that everyone should be able to choose their beliefs, and they shouldà stopà the violenceà between the two different religious groups. The Unites States has already helped a lot of countries, such as Jordan, Sudan and Egypt. The help is helpful to solve the religious persecution and have saved a lot of peopleââ¬â¢s life in those countries. Assistance will be effective in Whitia, too. One of my friends, Gavin, has different opinion. He thinks that the UnitedStates should n ot get involved in this situation because of its huge financial cost. What I want to say is that it will actually cost a lot of money to buy the food and medicine, but it is truly worth because the money is to save peopleââ¬â¢s life. Money is made by people. The value of moneyà cannot beà comparedà with theà life. So the United States should get involved in this situation no matter how much money it will cost. Religious persecution in Whitia is a problem which is not easy to solve, and the United States should get involved to help Whitians solve it.
JPMorgan Finance Group Essay
1. Why do you think JPMorgan and Merrill Lynch were selected to underwrite and book-run all $23.3 billion in financings (all debt, common stock, and convertible), instead of sharing the underwriting with additional firms? JPMorgan and Merrill Lynch had positive reputations after they both ranked highly in convertibles and common stock underwriting. These trustworthy banks had well-established ties to FCX. Also, these two firms agreed to issue a bridge loan to FCX prior to the acquisition. 2. What was the role of the leveraged finance group at JPMorgan and why was its involvement important to the acquisition? The leveraged finance group was responsible for the analysis behind making the bridge financing commitment to FCX. This was important to the acquisition because the bridge loan enabled FCX to show Phelps Dodge that they were committed to financing them. 3. Describe the forms of risk that an investment bank must consider in relation to acquisition and underwriting transactions. Describe what it means for a firm to set aside capital when it completes underwriting transactions. Capital Risk-financial risk a bank takes on when it agrees to finance an acquisition. Reputation Risk-comes from associating the investment firm with the company for which it is raising capital for or funding. When a bank sets aside capital when completing underwriting transactions it is usually cash invested in risk-free securities to hedge their risk. 4. Describe the role and importance of credit rating agencies in the Freeport-McMoRan transaction. Which group within an investment bank has the primary responsibility to work with companies regarding rating agency considerations? The credit rating agencies were important because they were needed to secure the highest possible ratings on the upcoming bond offerings. This determines how much a bank can borrow and at what cost. The debt capital markets group works with the credit rating agencies. 5. Describe the role of equity research at JPMorgan in the transaction. How has the role of equity research changed since 2003? Equity research groups provide investment ideas to the institutional salespeople who take these ideas to portfolio managers. Equity research analyst provided the institutional sales force an overview of the equity and convertible offerings. Then, a presentation was done by the FCXââ¬â¢s sales team to explain the acquisition of Phelps Dodge and gave information to convince employees of the acquisition. The role of equity research has changed since 2003à because now analysts are able to give investment opinions. 6. Who are the clients of the institutional sales team at JPMorgan? What is meant by a ââ¬Å"limit order,â⬠and what is its impact on the sales function? Describe the role of an Equity Capital Markets Syndicate group. The clients of the institutional sales team are portfolio managers of large assets. A limit order is the highest price in whi ch is willing to pay for stock in the primary stock market. Its impact on the sales function is that firms have to set a good limit order so that the price of the newly issued stock is neither too high nor too low. The role of an equity capital markets syndicate group is to track investorââ¬â¢s worries and concerns and their feedback about the transaction. This group helps the firm properly price stock and convertibles to better keep investors happy. 7. Assume the following fees were paid: M&A fee of 0.5 percent of the transaction value; debt fees of 0.75 percent on all debt and loan financing; equity fees of 3 percent on all equity and convertible financing. Calculate the estimated total fees for both JPMorgan and Merrill Lynch. Indicate whether you think these fees were justified and support your views. These fees represent paying for risk and also for commissions. These fees are justified because of the long process of acquiring another business and what goes into this process to make sure that it is done without error. A lot of equity research is done prior to the investment and credit rating companies need to be paid too. These fees are valid because it took so many groups within JPMorgan, Merrill Lynch, and FCX to make an informed decision to acquire Phelps Dodge. This totals 4.25% in fees for both JPMorgan and Merrill Lynch.
Wednesday, October 9, 2019
The impact of smoking amongst 13-19 year old Caucasian boys in the Uk Research Paper
The impact of smoking amongst 13-19 year old Caucasian boys in the Uk - Research Paper Example One of the major problems with the delivery of care and services to this group is that, policy makers view the adolescent group as a part of the wider childrenââ¬â¢s group, which is completely flawed. The DH/CF & M (2010) explained the case of the teenagers group in the UK, as being a forgotten class in society, caught between childhood and adulthood; the space between the two is filled with professional centers of influence and bureaucratic obstructions. For this group, tobacco smoking is one of the major avoidable causes for untimely death, and further health complications for this group (Warren et al, 2006). The studies done in the area, among developing and also developed countries like the UK have shown that there is a high prevalence of smoking in this group. Many of the adult smokers in society report that they started smoking, during their adolescent years, or later as young adults (Dearden et al., 2007). A report by the office of the national statistics showed that 22 percent of the youths between the ages of 16 and 19 in the UK had started smoking (Fuller, 2011). Through this study, the author will explore the factors that influence the uptake of smoking among the youth, and also discuss the impacts of smoking among the people aged between 13 and 19 in the UK, with the aim of developing solutions to the pressing problems caused by the behavior, among the group. The current research aims to expose the impacts of smoking amon g the Caucasian teenage boys aged between the ages of 13 and 19 years of age, which can help in addressing the factors behind the increasing levels of smoking. The extensiveness of this research project will be hindered by the limited time available for study and also the limited budget allocated for financing it. DH/CF & M (2010) emphasizes that policy makers and health personnel in the UK
Tuesday, October 8, 2019
The theory, and methods used in the application of 'Crime pPrevention Research Paper
The theory, and methods used in the application of 'Crime pPrevention through Environmental Design principles' (CPTED) - Research Paper Example Canada, Australia, US, UK and their states2 etc. have made effective and efficient endeavors for preventing the crimes. Queensland, too, introduced guidelines for adopting such an approach for preventing crimes namely, 'Crime Prevention through Environmental Design' (CPTED, also pronounced as sep-ted) Guidelines3 on November 27, 2007. CPTED is a set of design principles or approach to discourage crimes4 (Deutsch, 2011). Its basic, underlying, thought of action is to anticipate the thought process of potential criminals or offenders5 (Wortley, 1998, pp. 173-88). Its aim is to create such an environment such that every possible criminal doesnââ¬â¢t even think of pursuing crimes or in other words doesnââ¬â¢t get a chance to make a crime. The society has to play a vital role in CPTED to come realized and to be really fruitful in action. This is to reiterate that its aim is not to punish or taking lawful actions against criminals after pursuing crimes, but to prevent the ââ¬Ëposs ibleââ¬â¢ crimes prior to its ââ¬Ëlikelyââ¬â¢ happening. Theory CPTED is a scientific approach6 (Clarke & Felson, eds., 2004, pp. 329-30). Jeffery7 (1971) have contributed a lot in the theoretical field of CPTED alongwith coining this term for the first time.
Sunday, October 6, 2019
Ibarra & Hansens Are you a Collaborative Leader Article
Ibarra & Hansens Are you a Collaborative Leader - Article Example The employees could also use the video broadcast and express their views. Beinoff kicked off the debate by grabbing an iPad and commenting on the Chatter, soon employees from their offices started commenting back. The debate lasted for weeks thus allowing Beinoff the opportunity to align the employees to the mission and create an open culture for salesforce.com. Command and control policies hinder collaboration in many organizations. A survey of ââ¬Å"best performing CEOs in the worldâ⬠done early 2010 revealed that collaborative leaders require strong skills such as acting as connector, ensuring diversity of talent, guiding teams and modeling collaboration at the top (Ibarra and Hanse 3). According to Malcolm Gladwell, collaborative leaders play a global connector role by linking the employees, the ideas and resources. David Kenny, President of Akamai Technologies is one of such leaders who spend time travelling in order to meet with business partners, customers and employees around the world. Collaborative leaders can attain insightful ideas such as macroeconomic issues and impact of climate change through collaborating with business partners. Collaborative leaders will make global connections in order to spot business opportunities and model the top managers on the business expectations. Collaboratibve leaders will attend to conferences outside their professional specialty and meet people outside the organization like external partners (Ibarra and Hanse 4). According to previous research, diverse teams will produce better results. Collaborative leaders will engage diversity in their teams in order to enhance creativity. Such teams should consider the diversity in terms of nationality, age and time dedicated to visiting emerging markets. For instance, nonnative English speakers may be disadvantaged in Multinational companies in emerging markets. Danone of France has
Saturday, October 5, 2019
The Determinants of Household Poverty in the USA - 1980 Statistics Project
The Determinants of Household Poverty in the USA - 1980 - Statistics Project Example It is the dependent variable in this analysis. Family size is basically the number of people in a single family. The county-level family sizes were obtained by dividing the total number of people within respective counties by the number of households. Large family sizes are known to increase dependency levels, thereby making it more difficult for the breadwinners to invest in productive income-generating ventures and subsequently increasing poverty levels. Urbanization refers to the percentage of the entire population in a county that resides in urban areas. According to Cali and Menon (2009), urbanization has a net poverty reduction effect, since it invigorates business aspirations and income prospects for the population. Unemployment rate is the percentage of the entire population within a locality that is unemployed. Unemployed people tend to have higher poverty levels. Higher unemployment rates correspond to higher poverty levels within a population. Income refers to the median income of all the employed individuals within a county. The higher the average income for a population, the lower the poverty levels within it. Higher income enables workers to live more comfortably since they can meet their needs and obligations more easily. Equally, better-paid people tend to have more room for investing and, therefore, diversifying their earnings to accumulate even higher income. This study aims to establish the individual strengths of each of the independent variables as a determinant of poverty (the dependent variable). Correlation analysis has been used to establish the nature of the relationship between each of the independent variables and poverty (whether positive or negative). Using regression analysis, the independent variables are investigated for their ability to predict levels of poverty within the sample population. This type of analysis also provides the basis for obtaining a predictive model that can be used to project future poverty
Friday, October 4, 2019
Operations Management Coursework Example | Topics and Well Written Essays - 1500 words
Operations Management - Coursework Example The client is an organization engaged in providing hotel services and accommodations in each of their twelve holiday centres spread over the Mediterranean and the Caribbean. Each holiday centres also provide water sports facilities including restaurants, bars, entertainments and retail establishments. The engagement is to automate the production of quarterly reports for submission to Headquarter and to provide real time daily reports to local management and weekly reports to senior management stationed at the Headquarter. The proceeding pages will indicate the integration definition of the organization (Podeswa, 2008). Part of the engagement is to overcome the following challenges that need to be resolved quickly. Improve if not overhaul the image of the organization to negate the impact of disgruntled customers that obliterates their ability to have repeat customers. The primary focus is to determine what part of the business is having difficulties if not the part of the business where customer experience is at its worst. Gathering data related to customer satisfaction is an essential foundation for the solution that will be recommended since its success or efficacy can only be determined if a baseline performance has been measured. A primary solution that can be implemented to resolve the reporting requirement is to automate the frontline portion of the process to get an accurate data capture process that can provide reliable data. The same mechanism or process can also be employed to measure key performance indicators (Bissessur, 2010) that are primarily designed to measure customer satisfaction. Customer complaints and feedback methodology will also be used to determine if not validate the data reflected by the metrics that measures the key performance indicators for customer satisfaction. Customer Satisfaction rate = Customer Complaints received/Total
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