Lehman Brothers Subprime Crisis free essay sample

Introduction The global financial crisis that erupted in September 2008 has thrown economies around the world into a recession. The root cause were sown in the credit boom that peaked in mid-2007, followed by the meltdown of sub-prime mortgages and securitized products. Fannie Mae and Freddie Mac were both taken over by the government and on September 24, 2008, Lehman Brothers declared bankruptcy after failing to find a buyer. The fall of Lehman Brothers rattled the global market and led to a great drop in the United States (U. S. ) stock market the day after the announcement. The sudden failure of Lehman Brothers is widely viewed as a watershed moment in the global financial crisis of 2007 – 2009. With over $639 billion in assets and $613 billion in liabilities, it is one of the largest bankruptcies in the history of U. S. (Mamudi, 2008). Lehman Brothers was founded in 1850 by three cotton brokers in Montgomery, Alabama. The firm moved to New York City after the Civil War and grew into one of Wall Street’s investment giants. We will write a custom essay sample on Lehman Brothers Subprime Crisis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Lehman Brothers is a global financial services firm; the fourth largest investment bank in the U. S. Lehman Brothers’ clients is big institutions, not small individuals. It is an innovator in global finance, serving the financial needs of corporations, governments, municipalities, institutional clients and high-net-worth individuals worldwide. Lehman Brothers investment banking operations accounted for just 20 per cent of the company’s 2007 revenue while most of its net revenue comes from fixed income sales and trading; about 40 per cent. Some of the different fixed income investments that Lehman Brothers deals with include derivatives and swaps, mortgage-backed securities and futures (Callan, n. d. ). However, the investment management business still provides the stable earning base because of its fee-based structure. This term paper will further look into the how Lehman Brothers started off as an investment bank began getting entangled to the subprime mortgages and how it led to its bankruptcy. Lessons from the downfall of Lehman Brothers and the causes and consequences of the collapse will be highlighted in this paper. Subprime Mortgage Crisis The subprime mortgage market lends money to people who don’t meet the credit scoring for ordinary mortgages. For example, a FICO score less than 620 will disqualify the applications from loans at the prime rate. Since subprime borrowers mostly have poor credit history or low incomes, there is a greater possibility that the debts won’t be paid. Thus, making subprime mortgages risky for lenders. Therefore, to compensate the added risk, banks and other lenders charge higher interest rates on subprime mortgages. This made subprime lending very lucrative. Fannie Mae and Freddie Mac have led the mortgage industry in the 1990s promoting home ownership amongst lower income borrowers. The growth of subprime mortgage market can be attributed to a number of factors. The lower interest rates which resulted in home mortgage payments inexpensive led to a large number of demands for houses. Figure 1 show, a prolonged period of low interest rates which led to raise in house prices that was completely abnormal by historical standards. Banks searched for a method to meet the ever-increasing demand for mortgages and hence realized the perceived great profit opportunities in the real estate market. This prompted the innovation and design of new financial instruments and organizations such as securitized mortgage loans – mortgage backed securities (MBS), asset-backed securities (ABS) and collaterized debt obligations (CDOs) (Knutsen, 2011). As real estate prices rose in the early years of this decade and securitization provided more working capital for mortgage, lenders relaxed their underwriting criteria in order to issue more mortgages (Kirk, n. . ). During the refinancing boom from 2001 to 2003, interest rates fell, borrowing demand increased, mortgage lenders expanded their businesses, and new lenders entered the market (Krinsman, 2007). Figure 2 shows the significant increased in subprime lending from 2004 to 2006. With the U. S. housing boom well under way, Lehman Brothers acquired five mortgage lenders; including subprime lender BNC Mortgage. BNC is ranked as one of the nation’s top 100 mortgage lenders and the eighth largest wholesale subprime lender (Mortgage info, 2007). BNC Mortgage, as the subsidiary of Lehman Brothers Holdings Inc. ecame the biggest underwriter of U. S. bonds backed by mortgages. As securitization of mortgages increased, the investment banks urged the mortgage lending industry to increase their loan volumes. However, on August 22, 2007, Lehman Brothers decided to close down its subprime-lending unit; BNC Mortgage, causing about 1,200 employees to lose their jobs (Onaran, 2007). Figure 2: The downfall of Lehman Brothers Until 2007, Lehman Brothers has generated a significant portion of its revenue through the issuance of mortgage-backed and asset-backed securities. Lehman Brothers had grown increasingly reliant on its fixed income trading and underwriting division which served as the primary engine for its strong growth throughout the first half of the decade as shown in Exhibit 1 (Stowell, 2010). When the collapse of the U. S. subprime mortgage industry started, it result in credit crisis and the mortgage default rates began to rise and the demand for these securities began to disappear. Lehman Brothers was left with billions of dollars of rapidly depreciating securities on its balance sheet, forcing it to take large write downs and write-offs (Callan, n. d). As the credit crisis reupted in August 2007 with the failure of two Bear Stearns hedge funds due to a lack of confidence in its subprime mortgage holdings, Lehman Brothers’ stock fell sharply. As Lehman Brothers is one of the major players in the subprime lending, it faced a huge difficulty when the housing bubble burst. Lehman Brothers underwrote a huge amount of MBSs, accumulating an $85 billion portfolio, four times its shareholders equity (Investopedia, 2011). House prices began to decline while short-term interest rates rose and borrowers found themselves unable to pay higher monthly payments by refinancing began to default. The decline in mortgage payments also reduces the value of mortgage-backed securities which erodes the net worth and financial health of banks. Lehman Brothers suffered huge losses accrued in lower-rated mortgage-backed securities throughout 2008 (Anderson Dash, 2008). Another cause of the downfall could be due to the extremely high level of leverage and short-term debt financing. Lehman Brothers significantly increased its leverage over the same timeframe, going from a debt-to-equity ratio of 23. 7 times in 2003 to 35. times in 2007 as shown in Figure 3 (Stowell, 2010). While commercial banks are regulated and cannot leverage their equity more than 15 to 1, Lehman Brothers had a leverage of more than 30 to 1. So, as the leverage increased, the ongoing erosion of the mortgage-backed security industry began to impact Lehman Brothers greatly. In turn, the instability created by the leverage problem was aggravated by Lehman Brothers’ large use of short-term debt which financed m ore than 50 per cent of the asset shown in Figure 4 (Zingales, 2008). After the beginning of the crisis, Lehman Brothers tried to reduce its leverage and reduce its reliance on short-term debt, but it was a little too late. Lehman Brothers, the 158-year-old investment bank finally announced the largest Chapter 11 filing in U. S. history, listing assets of $639 billion and liabilities of $768 billion in September 2008. However, before the filing of Chapter 11, Lehman Brothers was said to be using an â€Å"accounting gimmick† to make it appear as if it had off-loaded risky assets and reduced its balance sheet during the height of the financial crisis. This gimmick is known as a â€Å"Repo 105†. This allows Lehman Brothers to use the booking of repurchase agreements as sales rather than temporary transactions (Evanson, 2010). Exhibit 1:   Lehman Brothers’ Financial Performance Since 1999 Source: Stowell (2010) Figure 3: Increase in leverage among investment banks Figure 4: Lehman Brothers Liabilities and Shareholders’ Equity Source: Lehman Annual Report Consequences and Lessons Lehman Brothers’ global footprint meant that thousands of financial market participants were directly impacted by its collapse. Numerous aftershocks were felt throughout the world resulting from numerous cross-border and cross-entity interdependencies. Lehman Brothers’ insolvency has resulted in more than 75 separate and distinct bankruptcy proceedings (PricewaterhouseCoopers, 2009). Lehman Brothers’ collapse has forced the market to reassess risk. There are many lessons learnt from the collapse of Lehman Brothers is the internal management structure of the company. Advice from Darryl Steinberg, the managing director and senior tax counsel to Lehman Brothers is for in-house tax professionals to be involved with the firm’s business managers from the outset. He said â€Å"Assisting with the firms organisation and structural planning and providing tax-sensitive input in establishing best business practices at the same time as the creation of those business operations is imperative in the highly regulated business world of today† (Snowdon, Steinberg, ; Lippman, 2009). Global rating agencies were widely condemned as being asleep on the job or being compromised by a system where their revenue derived from the very firms they were assessing. Closer supervision was called by the European Commission to ensue the publication of high quality credit ratings in the future (Allen, 2009). Finally, from this event, all banks should learn that nothing can be taken for granted. When there is signal of warning that the company might be in financial danger, the bank must take heed. References Allen, C. (2009). Lesson learned: one year after Lehman. Global Investor, 15 – 19. Anderson, J. ; Dash, E. (2008, August 28). For Lehman, more cuts and anxiety. The New York Times. Retrieved from http://www. nytimes. com/2008/08/29/business/29wall. html? em Evanson, D. (2010, April 12). Lessons from the collapse of Lehman Brothers. TheStar Online. Retrieved from http://biz. thestar. com. my/news/story. asp? ile=/2010/4/12/business/6017192;sec=business Investopedia. (2011). Case study: the collapse of Lehman Brothers. Retrieved May 4, 2011, from http://www. investopedia. com/articles/economics/09/lehman-brothers-collapse. asp Kirk, E. (n. d. ). The â€Å"subprime mortgage crisis†: An overview of the crisis and potential exposure. Retrieved May 3, 2011, from www. rli-epg. com/articles/Subprime-Mortgage-Crisis. pdf Knutsen, S. (2011). Why did â€Å"it† happen again? The American subprime crisis compared with the Norwegian banking crisis 1987-92. Past, present and policy: 4th International Conference. Retrieved from www. epr. org/meets/wkcn/1/1730/papers/KnutsenFinal. pdf Krinsman, A. (2007). Subprime mortgage meltdown: How did it happen and how will it end? The Journal of Structured Finance, 13(2), 1 – 9. Mamudi, S. (2008, September 15). Lehman folds with record $613 billion debt. The Wall Street Journal. Retrieved from http://www. marketwatch. com/story/lehman-folds-with-record-613-billion-debt? siteid=rss Mortgage Info. (2007). BNC Mortgage Inc. Retrieved May 3, 2011, from http://www. mortgage-info. us/lender_bnc_mortgage. htm Onaran, Y. (2007, August 22). Lehman Brothers shuts down subprime unit, fires 1,200. Bloomberg. Retrieved from http://www. bloomberg. com/apps/news? pid=newsarchive;sid=a87FPr78qX9w mp;amp;refer=news Snowdon, C. , Steinberg, D. , ; Lippman, M. (2009). Managing the bankruptcy of Lehman Brothers. International Tax Review, (49), 3 – 6. Stowell, D. (2010). Investment banking in 2008 (B): A brave new world. An Introduction to Investment Banks, Hedge Funds, and Private Equity, 403 – 417. Zingales, L. (2008). Causes and effects of the Lehman Brothers bankruptcy. Retrieved from http://www. scribd. com/doc/11096014/Causes-and-Effects-of-the-Lehman-Brothers-Bankruptcy

Free Essays on History Of Computer Industry

History of the Computer Industry in America America and the Computer Industry Only once in a lifetime will a new invention come about to touch every aspect of our lives. Such a device that changes the way we work, live, and play is a special one, indeed. A machine that has done all this and more now exists in nearly every business in the U.S. and one out of every two households (Hall, 156). This incredible invention is the computer. The electronic computer has been around for over a half-century, but its ancestors have been around for 2000 years. However, only in the last 40 years has it changed the American society. From the first wooden abacus to the latest high-speed microprocessor, the computer has changed nearly every aspect of people's lives for the better. The very earliest existence of the modern day computer's ancestor is the abacus. These date back to almost 2000 years ago. It is simply a wooden rack holding parallel wires on which beads ar e strung. When these beads are moved along the wire according to "programming" rules that the user must memorize, all ordinary arithmetic operations can be performed (Soma, 14). The next innovation in computers took place in 1694 when Blaise Pascal invented the first "digital calculating machine". It could only add numbers and they had to be entered by turning dials. It was designed to help Pascal's father who was a tax collector (Soma, 32). In the early 1800Õs, a mathematics professor named Charles Babbage designed an automatic calculation machine. It was steam powered and could store up to 1000 50-digit numbers. Built in to his machine were operations that included everything a modern general-purpose computer would need. It was programmed byand stored data oncards with holes punched in them, appropriately called "punch cards". His inventions were failures for the most part because of the lack of precision machining techniques used at the time and the ... Free Essays on History Of Computer Industry Free Essays on History Of Computer Industry History of the Computer Industry in America America and the Computer Industry Only once in a lifetime will a new invention come about to touch every aspect of our lives. Such a device that changes the way we work, live, and play is a special one, indeed. A machine that has done all this and more now exists in nearly every business in the U.S. and one out of every two households (Hall, 156). This incredible invention is the computer. The electronic computer has been around for over a half-century, but its ancestors have been around for 2000 years. However, only in the last 40 years has it changed the American society. From the first wooden abacus to the latest high-speed microprocessor, the computer has changed nearly every aspect of people's lives for the better. The very earliest existence of the modern day computer's ancestor is the abacus. These date back to almost 2000 years ago. It is simply a wooden rack holding parallel wires on which beads ar e strung. When these beads are moved along the wire according to "programming" rules that the user must memorize, all ordinary arithmetic operations can be performed (Soma, 14). The next innovation in computers took place in 1694 when Blaise Pascal invented the first "digital calculating machine". It could only add numbers and they had to be entered by turning dials. It was designed to help Pascal's father who was a tax collector (Soma, 32). In the early 1800Õs, a mathematics professor named Charles Babbage designed an automatic calculation machine. It was steam powered and could store up to 1000 50-digit numbers. Built in to his machine were operations that included everything a modern general-purpose computer would need. It was programmed byand stored data oncards with holes punched in them, appropriately called "punch cards". His inventions were failures for the most part because of the lack of precision machining techniques used at the time and the ...

Development of Multimedia Resources Essay Example | Topics and Well Written Essays - 2000 words

Development of Multimedia Resources - Essay Example From the discussion it is clear that  the idea of the activity is to promote and polish the English language in children, focusing more on writing. According to the National Curriculum, students should be able to use wide-ranging vocabulary, structure and organize events, demonstrate the use of a coherent structure in writing, bring about variations in the text according to the situation illustrated, convert ideas into textual form. The learning resource will help the student to become better at creating imaginary worlds, understand text and use their background knowledge in relating the text with the older situation. Moreover it would encourage students to comprehend that texts having similar topics present information in various ways or may contain different information. The resources will also promote the concentration ability of the students.As the study  stresses it needs to be emphasized that these objectives are not represented individually in each activity; rather listeni ng, reading and writing are integrated in the activity.  The Powerpoint presentation is intended for students and hence needs to be colourful in order to appeal to them. The design of the template is Oriel from the themes provided by Powerpoint 2007. The font selected was Comic Sans MS since it has an informal look to it. Pictures are added to give more effect to the learning resource.  The students will be given a list of words and they are required to make funny sentences.   The words can be displayed in attractive colours and in colourful frames. The words are going to include cry, flying, floating, soap, my, goals, load, try, coat, croak, sky, toast, boots, night and dry. Children are encouraged to use rhyming words in the sentences. An example can be given to illustrate the point e.g. â€Å"I've got a cat who sits on a mat and he wears a hat† (BBC Home 2011). There are 15 words in total. They can be divided into three groups since making 15 sentences can become ted ious for the children. 2. Identifying sentences Students can be given a list of sentences and can be asked if it is a sentence or not. The slide will first explain what a sentence is: â€Å"A sentence is a group of words that makes sense on its own. It must have a verb and it must start with a capital letter and end in a full stop, exclamation mark or question mark† (BBC). The slide will also give an example of what a sentence should be like, highlighting the capital letter, verb and the full stop etc. E.g. He likes to study mathematics. Anne

Using details and references from the material and answer 2 questions Essay

Using details and references from the material and answer 2 questions - Essay Example Thus people from all over the neighborhood would come together to play music, dance and sing(rap).This means that for them to be able to do the proper break-dance one has to have that feeling that they are coming from one place and that they are â€Å"keeping it real â€Å"For instance when one is performing in a jam(which is a place where people can come to dance and practice, and just mingle with other dancers in the community)there is usually no pressure to perform to anyone or anything as compared to when one is dancing in a competition in a big arena. This really creates a huge difference. Another type of reasoning that really affects how a person dances is when you are speaking about the music as the heart your culture. Thus when the break-dancers hold block parties it is all about a spontaneous response of the body to the music beats, and it is not about what move they did, but how they did it. This is actually the real foundation of the dance. Another important factor is the reasoning about where you come from; breakdance culture was predominantly practiced by lower class, ethnic minorities and the dancers here created it as a way to earn respect in society, since these kids find it hard to earn respect in mainstream society because of their lower habitus (Bourgois 2003).This was and still remains a big influence. 2. Culture can be somehow bought and sold. This becomes very clear in this particular article whereby in the 1970s the break-dance culture became highly globalized and the pioneers of break-dance lost their role as the sole educators and owners of the bboy culture. Since nowadays the dance may be viewed on television and the internet, people from all over the world can now†learn†the habitus from the comfort of their own home. Thus it is possible to pay for the internet and take part in online discussions, view tutorials and

Creating dynamic characters Essay Example | Topics and Well Written Essays - 250 words

Creating dynamic characters - Essay Example Shawn is a hip hop star. He began his love for hip hop music while still a young boy. He started a career with his high school friend Christopher Latore (Kress 98-108). He is married to Knowles, likes reading and listening to music, and a favorite movie is Godfather 2. Shawns favorite food is Pasta, and he has a soft spot for blue colors. He passes most of his free time playing basketball. George Porter, 34 years old short and bold man, born in Los Angeles California in the United States and married to Nelly Carey. He is a slow speaker, loves cookies and a good football player (Kress 102-112). His only sister Mitchel a paramedic left home when porter was only 12 years. He fell out of college and joined the local artisans to make money for raves and fancies. His life later got behind bars due to rising in cases of insecurity. The sister comes back home when Porter is 25 years gets a job for him in the disaster management. Porter then starts up a family and realizes he needs to stay focused (Kress 123-134). To support his family, he begins shortcake business for his wife and then joins her to expand the business that is currently one of the leading suppliers of shortcake. Porter employ’s youths and leads in community sensitization on drugs

The Marketing Strategy Of Air Arabia Tourism Essay

The Marketing Strategy Of Air Arabia Tourism Essay The company Air Arabia which is chosen in this report is a public company. This report also gives information about how the company works internally and externally. The main hub of the Air Arabia Company is in Sharjah, U.A.E and Mohamed V Airport in Casablanca, Morocco. This report will also give you the financial Information of the company and also about its competitors financial status like its sales, profit, and market share. Air Arabia is worlds First and Largest Low Cost Carrier (LCC) to operate in Middle East and North Africa. It operates in more than 40 countries worldwide and has segmented its target market in Middle East, Indian Subcontinents, South and Central Asia, Africa and Europe. The report also gives complete information about the companys Strength, Weakness, Opportunities, and Threats and also about its Product (Services), Price, Place and Promotion. Last but not the least, the report has showed the position of the company in the current market, evidence of the compa nys success and prospects for future growth/success. Air Arabia Introduction Air Arabia is the first largest Low Cost Carrier (LCC) to operate in Middle East and North Africa. Air Arabia started its operation in October 2003 and holds a portfolio of successful business.The Main Hub of Air Arabia is Sharjah Airport, UAE and Mohamed V Airport in Casablanca, Morocco and later on announced its third hub in Egypt. The current CEO of Air Arabia is Adel Ali who was named as Airline CEO of the Year for 3 years. Air Arabia is named as Best Low Cost Carrier at many Airline Awards. Air Arabia is a listed company on the Dubai Financial Market. The current Air Arabia slogan is Air Arabia, Pay Less Fly More. The Market Environment: Air Arabia has spread it wings from its hubs; Sharjah Airport, UAE and Mohamed V Airport in Casablanca, Morocco and Egypt to over 65 destinations spreading across Middle East, Indian Subcontinents, South and Central Asia, Africa and Europe. Air Arabia is in Airline Industry and has maintained a portfolio of successful business till now. The Airline Industry provides with Air transport services to passengers who want to travel to different countries which are covered by Airplanes in much less time. It also provides with air cargo facilities. The Competition The Main Competitors Air Arabia has many competitors such as Emirates Airline, Etihad Airways, and Air India Express but out of all these the main competitor of Air Arabia is Jazeera Airways. Sales and Profit Trend Jazeera Airways faced a Net Loss of 8.2 million in the year 2009. In the year 2010 the company is still operating in loss of 4.4 million in the first quarter and a loss of 4.7 million in the second quarter. Market Share Jazeera Airways head office is in Kuwait. It also had its hub in UAE but because of it facing loss in the previous year it had decided to close down the UAE hub. So now it only controls from Kuwait. Target Market Jazeera Airways is a low cost airline that targets the people with low income. The Company Sales and Profit Trend Air Arabias company profits in the year 2009 were AED 452 million. In the year 2010 the profits of the company in the first quarter were AED 50 million and in the second quarter were also AED 50 million. The company is building up a strong network route which is helping in growing its sales. Market Share The following graph shows Air Arabia Profit generated worldwide. GCC AED 63.28 million Middle East AED 63.28 million North Africa AED 49.72 million Central Asia AED 22.6 million Europe AED 94.92 million Indian Subcontinents AED 158.2 million Business Sector Air Arabia is a public sector company with its share listed on the Dubai Financial Market (DFM: AIRARABIA). SWOT analysis Strengths Air Arabia is the first low cost carrier in the GCC region. Given the huge investment required in setting up an airline, competition will need time to be a significant threat. Sharjah Airport gives significant waivers to Air Arabia in the form of landing and parking fees. Despite a very young history, net profits have been increasing at a CAGR of over 200% since 2005. The company managed to generate its first net profit in 2005 after starting operations in late 2003. Weaknesses Less number of planes Hub location A deterrent for residents of other emirates in UAE other than Dubai. Fuel prices account for roughly 38% of total operating costs for Air Arabia. The price hike in crude oil is expected to continue affecting the airline. Opportunities With a firm order for 34 aircraft and an option for 15 more, Air Arabia is poised for growth. The airline is expected to add more destinations to its portfolio. Competition is still young when compared to Air Arabia which gives the company time to further solidify its positioning as a quality LCC. The UAE and the GCC as a whole is focused on attracting tourists to the region. As the region grows with the rising price of oil, the accessible market for Air Arabia also expands in the long-term. Threats Being the most significant component of operating costs, energy prices can seriously hamper Air Arabias performance. Airlines around the world are struggling because of rising energy costs. Low LCC penetration in the region makes the pie very large however new LCCs are on their way to make the division more diluted in the future. New LCCs include Sama, Nas, RAK Airways and Fly Dubai. Due to limited choice in aircraft suppliers, airlines are sensitive to delivery schedules of aircraft. The delivery of the 34 ordered aircraft is originally meant to commence in 2013. The Companys Marketing Strategy Segmentation Air Arabia has been spread worldwide through three hubs namely Sharjah Airport, Mohamed V Airport in Casablanca and Egypt airport. Air Arabia is in Travel and Tourism industry which is further divided into Travel industry which provides with travel facilities to passengers who want to travel to other countries whereas Tourism industry which help with Hotel reservations. Targeting Air Arabia targets people with low income who would like to travel the world which could not be possible as the air freight is high. But nowadays people with good income have also started traveling in Air Arabia as it helps them to save for better future. Positioning Air Arabia has positioned itself in the market in such a way that has kept it far ahead of its competitors. Air Arabia and Jazeera airways are in competition but still demand for Air Arabia is high as it provides cheap ticket price. Growth Strategy Air Arabia has planned to expand its Sharjah hub by Investing 2.0 billion in new aircrafts which will increase the number of planes to 34 by 2015.this expansion will also increase the frequency of flights on certain routes, i.e. doubling the number of daily flights in most cases. The Marketing Mix Product (Service) Air Arabia offers many services to their customers according to the target segment they belong to. They provide with online booking which reduces the time of a customer to go to any agency and book a flight. Air Arabia also provides with hotel-reservation service and recommends the best options for customers according to their needs and budgets. Price Air Arabia is using a low cost strategy, which is to offer lower price than what other airlines in the market offer. It uses this strategy because it targets people from low to medium-income level who are willing to pay less in order to fly more. Place The main base of Air Arabia is in Sharjah, UAE. It has more three hubs which are in Morocco, Egypt and Jordon. Air Arabia also has an Online Website through which customers can book their flights, check the latest offers and book an accommodation in a hotel during his/her travel. Promotion Air Arabia always advertise in local and international, Arabic and English newspapers and magazines because their target audience are people from all nationalities. It advertises in business, family and social magazines worldwide to reach their target audience who have different interests. Air Arabia has created a website offers many services such as the online booking, which allow customers to select particular seats or service from their home. Furthermore, Air Arabia advertises in many websites from different fields such as the MSN messenger and the Gulf News. Evaluation of the Companys Strategies and Tactics Current Market Situation Air Arabia being the First and largest Low Cost Carrier in the Middle East and North Africa have put themselves ahead of their competitors. The companys services are being demanded by many customers due to whom in 2010 the Net Profit of the company in third quarter increased to AED 136 million. Evidence of Companys Success The Companys profit in the year 2009 was AED 452 million which had been decreased from the previous year. But the companys growth strategy shows that it will be successful in the coming years. Prospects for future growth/success Air Arabia have invested AED 1.7 2.0 billion on new aircrafts to increase the number of planes by 2015. This investment will increase the frequency of the flights on certain routes. Conclusion Air Arabia has been growing in Travel and Tourism industry with a vision to offer better services and to be the best airline on every route it flies by improving a strong network route. Thus, it has many target segments of people with low to medium- income levels that are looking for low air fares. The ambition of Air Arabia is a fleet expansion of 50 aircrafts by 2015 and also establishing more hubs to link the whole Arab world to Africa and Europe

The Female Spell-caster in Middle English Romances: Heretical Outsider or Political Insider :: Essays Papers

The Female Spell-caster in Middle English Romances: Heretical Outsider or Political Insider Historically, the relationship between heresy and spell-casting is difficult to define.1 For example, H. A. Kelly points out that sorcery and heresy were not formally linked in England.2 They were regarded as separate crimes, although burning (especially after the 1401 Statute passed by Parliament) could be the punishment for both crimes. Certainly, English romances from the fourteenth to the sixteenth centuries do not explicitly relate sorcery and heresy. Popular attitudes, though, often would link the two in the late Middle Ages, and this coupling could be accompanied by the issue of gender. As Kramer and Sprenger, two Jesuit inquisitors, wrote in 1486: since [women] are feebler both in mind and body, it is not surprising that they should come more under the spell of witchcraft. For as regards intellect, or the understanding of spiritual beings, they seem of a different nature from men ....3 Yet, as Malcolm Lambert explains, heresy stems not just from deviation from orthodox religious belief but also from deliberate actions against ecclesiastical authority and refusal to recant when ordered to do so.4 Exploring the links among sorcery, heresy, and gender in popular literature, such as Middle English metrical romances, can demonstrate how the individual and collective perceptions of these issues changed from the fourteenth to the sixteenth century.5 Thus three questions arise about spell-casting women in Middle English romances: have the heretical implications of these women's actions been ignored? Considering no authority intervenes to inform them that they are defying religious doctrines, can these politically powerful women even be viewed as heretics? And finally, how do the political and religious circumstances of the historical community impact these fictional women and their potentially heretical actions? For the purposes of this paper, discussion will be limited to the female spell-casters found in metrical romances which contain imposed physical transformations and which were composed in England from the fourteenth century to the sixteenth century. Shape-shifting (i.e. voluntarily changing one's own form) and changing into an inanimate object such as a stone or tree are not included. The following romances contain imposed-changed body forms and are listed in general chronological order: TIME PERIODS AND TEXTS (GENDER) SPELL-CASTER I. Early to mid fourteenth century Lybeaus Desconus(M) 2 magicians Cheuelere Assigne(F) hero's grandmother William of Palerne(F) transformee's stepmother The Female Spell-caster in Middle English Romances: Heretical Outsider or Political Insider :: Essays Papers The Female Spell-caster in Middle English Romances: Heretical Outsider or Political Insider Historically, the relationship between heresy and spell-casting is difficult to define.1 For example, H. A. Kelly points out that sorcery and heresy were not formally linked in England.2 They were regarded as separate crimes, although burning (especially after the 1401 Statute passed by Parliament) could be the punishment for both crimes. Certainly, English romances from the fourteenth to the sixteenth centuries do not explicitly relate sorcery and heresy. Popular attitudes, though, often would link the two in the late Middle Ages, and this coupling could be accompanied by the issue of gender. As Kramer and Sprenger, two Jesuit inquisitors, wrote in 1486: since [women] are feebler both in mind and body, it is not surprising that they should come more under the spell of witchcraft. For as regards intellect, or the understanding of spiritual beings, they seem of a different nature from men ....3 Yet, as Malcolm Lambert explains, heresy stems not just from deviation from orthodox religious belief but also from deliberate actions against ecclesiastical authority and refusal to recant when ordered to do so.4 Exploring the links among sorcery, heresy, and gender in popular literature, such as Middle English metrical romances, can demonstrate how the individual and collective perceptions of these issues changed from the fourteenth to the sixteenth century.5 Thus three questions arise about spell-casting women in Middle English romances: have the heretical implications of these women's actions been ignored? Considering no authority intervenes to inform them that they are defying religious doctrines, can these politically powerful women even be viewed as heretics? And finally, how do the political and religious circumstances of the historical community impact these fictional women and their potentially heretical actions? For the purposes of this paper, discussion will be limited to the female spell-casters found in metrical romances which contain imposed physical transformations and which were composed in England from the fourteenth century to the sixteenth century. Shape-shifting (i.e. voluntarily changing one's own form) and changing into an inanimate object such as a stone or tree are not included. The following romances contain imposed-changed body forms and are listed in general chronological order: TIME PERIODS AND TEXTS (GENDER) SPELL-CASTER I. Early to mid fourteenth century Lybeaus Desconus(M) 2 magicians Cheuelere Assigne(F) hero's grandmother William of Palerne(F) transformee's stepmother The Female Spell-caster in Middle English Romances: Heretical Outsider or Political Insider :: Essays Papers The Female Spell-caster in Middle English Romances: Heretical Outsider or Political Insider Historically, the relationship between heresy and spell-casting is difficult to define.1 For example, H. A. Kelly points out that sorcery and heresy were not formally linked in England.2 They were regarded as separate crimes, although burning (especially after the 1401 Statute passed by Parliament) could be the punishment for both crimes. Certainly, English romances from the fourteenth to the sixteenth centuries do not explicitly relate sorcery and heresy. Popular attitudes, though, often would link the two in the late Middle Ages, and this coupling could be accompanied by the issue of gender. As Kramer and Sprenger, two Jesuit inquisitors, wrote in 1486: since [women] are feebler both in mind and body, it is not surprising that they should come more under the spell of witchcraft. For as regards intellect, or the understanding of spiritual beings, they seem of a different nature from men ....3 Yet, as Malcolm Lambert explains, heresy stems not just from deviation from orthodox religious belief but also from deliberate actions against ecclesiastical authority and refusal to recant when ordered to do so.4 Exploring the links among sorcery, heresy, and gender in popular literature, such as Middle English metrical romances, can demonstrate how the individual and collective perceptions of these issues changed from the fourteenth to the sixteenth century.5 Thus three questions arise about spell-casting women in Middle English romances: have the heretical implications of these women's actions been ignored? Considering no authority intervenes to inform them that they are defying religious doctrines, can these politically powerful women even be viewed as heretics? And finally, how do the political and religious circumstances of the historical community impact these fictional women and their potentially heretical actions? For the purposes of this paper, discussion will be limited to the female spell-casters found in metrical romances which contain imposed physical transformations and which were composed in England from the fourteenth century to the sixteenth century. Shape-shifting (i.e. voluntarily changing one's own form) and changing into an inanimate object such as a stone or tree are not included. The following romances contain imposed-changed body forms and are listed in general chronological order: TIME PERIODS AND TEXTS (GENDER) SPELL-CASTER I. Early to mid fourteenth century Lybeaus Desconus(M) 2 magicians Cheuelere Assigne(F) hero's grandmother William of Palerne(F) transformee's stepmother

Reflective Practicee Essay

It is important to receive feedback on my practice as much as possible to ensure I am improving and developing within the role. I feel it is important to get feedback from the following people: Teacher: I try my up most to talk to the teacher after the lesson to discuss the progress of pupils whom I’ve been working with. There are times when I have expressed a concern on the seating arrangement within the classroom and other behavioural matters that I have felt need to be addressed, the teacher has often given further direction in where they want me to support in the room. I’m always really keen to receive feedback from the teacher about how they felt I worked with the pupils, how I could improve my role within the lesson, sometimes I have been encouraged to work with groups of pupils, therefore I have gone away and looked into different ways of delivering certain tasks and how certain pupils work better together. I’m not always given the learning objective ahead, which I feel is really important to receive so I am prepared and feeling confident to discuss the topic amongst the pupils, therefore I often try to discuss the next lesson with the teacher in advance to ensure I have an overview. Line Manager: I have been lucky to have been observed within lessons by my line manager to receive direct feedback on how I can improve my practice within my role. I have received some constructive feedback and some very encouraging positive praise. I have asked about several training courses to develop my understanding in certain areas and started some of my own independent reading in behaviour. My line manager is always very open and approachable; she has given me ideas for specific year groups which have really helped within lessons. I am always asking to be involved in any extracurricular clubs and keen to learn from others whilst at work. What is meant be reflective practice? Reflective practice means when we think about what we are doing, how we are doing it and whether we could change or improve it. A time to reflect on our own development, evaluate our strengths and weaknesses and look into opportunities, ideas to encourage further development and gain confidence in our profession. What is meant by National Occupational standards? These are National standards that are based on the roles and responsibilities of support staff in schools. Together with the guidance, they enable staff to manage the different stages of support staff recruitment, development and progression more effectively. Functions and requirements of your role Give one example for each of the following areas of the job role, of how personal reflection has impacted on your own practice. Supporting learning: I have worked with a small group within year 8, the lesson has a mixed of abilities, I aim to get round each pupil to ensure there is an understanding on the task set. On reflection I felt their wasn’t enough time given to each child throughout the lesson, it was with this feeling I spoke to the teacher and suggested groups of four at a table, so they would be able to discuss the exercise as a group and then work independently. This would allow both the teacher and I to talk to the groups at one time and encourage involvement from all throughout the lesson rather than going round individually. This has worked really well, each table works really well together and in reflection to the previous set up it has also developed the pupils social and communication skills. Promoting positive behaviour In a year 9 lesson I have been supporting a student with his numeracy; the student is often distracted by other things going on in the classroom and struggles to focus. I felt I was continuously calling him to sit down or to stop talking. In reflection to this reoccurring I decided to challenge him in completing the task under a time limit, I bought in a stop watch and also did the task beside him to see who could complete it first. His reaction was incredible; he completed all the work and expressed a really positive reaction to these small challenges. In response to this I asked the teacher if I could make a note in his planner to record how well he had done, in addition to this note I made sure I gave the pupil lots of positive praise, he responded to these comments really well and have since continued the small timed challenges. Developing Positive relationships Recently a year 7 pupil had left their previous school due to bullying; this was one of the first things she said to me on working with her in a lesson. I noticed she had a lack of confidence in talking to people, firstly being new to the school and secondly probably anxious from her previous school experience. In reflection to this at the end of the lesson I ensured the teacher was aware and suggested pairing her up with another pupil. In response to this each week we did ‘turning tables’ so the person sat on the right would move one space back each week, so the pupils would always be sat with someone different. I also encouraged this pupil alongside others to attend a new after school sports club I have started running. The new student showed up for the club and has been attending since, she has made some great new friends and familiar with other year groups which has in turn increased her confidence and enjoyment at school. Contribute to planning assessment and feedback Every morning I spend 15mins with a year 9 pupil who has cerebral palsy. I have worked with his phyiso and parents to assess his needs and put together an exercise plan that I assist him with each day. I have a record sheet of what we do each day and how he did with each exercise, I regularly liaise with the physio on how he is getting on, sometimes the physio will give me additional exercises to include. There have been occasions where the pupil hasn’t felt like doing it. In response to it I sometimes give him the opportunity to challenge himself to walking to different areas within the school, he reacts really well to praise and involvements which is something I include in the feedback I give to his family and physio. I also keep my line manager up to date with the pupils development to ensure other assistants are aware of his level of independence in movement so it can be encouraged within lesson too. Communication Communication is a major asset in my role at school, I am continuously talking to teachers, IT support, external companies and parents. I have recently been reflecting a lot on my communication around the children out of lesson. I have a lunchtime duty on our playing fields. I have often found myself standing there with another member of staff, listening to one another’s ideas on what works with certain year groups, however in reflection this should be happening in a dedicated time not whilst I have a responsibility as lunchtime. Therefore I have started to make a bigger effort in communicating with the children, encouraging positive behaviour and social skills. Key skills There are various key skills that I feel I could improve in, sometimes in a lesson I am lacking equipment due to handing it out regularly. Therefor I feel I need to encourage organisation for the pupils to ensure they bring their own equipment. I often reflect on my time keeping, I feel there is a big rush between and end of a lesson and getting to my lunchtime duty before the students. Therefore this may be something I discuss with my line manager about leaving a couple of minutes earlier before lunchtime. I am always reflecting on my job role description to ensure I am fulfing all my responsibilities. 4. Identify possible development opportunities available to you. Remember to consider formal and informal opportunities. Give evidence from your own practice. I am often reflecting on my own development and always keen to progress in my own learning. I made the decision to take this course (Level 2 Supporting teaching and learning in Schools) to increase my knowledge in the position of a Teaching Assistant. I feel I have really benefited from this and it has inspired me to continue on to level 3. I have a strong interest in working with families therefore I may look into a course more directed to this. I have hired out books from our local library to read into behaviour and social skills, this is an area which I have been allocated to at school, which I am really pleased about but I would like to get a bigger understanding so I can plan activities and feel confident in delivering. I have recently been assisting a music intervention group with specific SEND students. This has been a great 6 week project; I have taken the time to write up a report each week of the activities set and the reactions of each pupil. I received some outstanding feedback from the company and have recently been asked to represent the project in an open evening for them. I would like to look into these small projects more to help the development of children’s learning through creative subjects In school, I feel that it is a great opportunity to be able to talk to other members of staff about techniques/ styles of delivery for specific year groups. Sometimes there are groups of students that I feel unfamiliar with, but since speaking to other members of staff, I feel prepared to enter the lesson with their experience in my mind. 5. Why is CPD important? It is important to keep up to date with professional development to ensure to u are confident and familiar with the constant changes within education. There are often developments within schools and it is our role to be ready to adapt to these changes and encourage pupils with these variations. Some courses that are available to assist our role open up areas of discussion that you may not get the time for within school. There are areas of my job description that I have strengths and weaknesses in, therefore CPD is important to develop my own skills, knowledge and experience in all fields. Starting a self-review 6. What aspects of your job/role satisfy you the most? The biggest satisfaction for me is the rewarding feeling you get from assisting the development of a student’s progress within a subject or to help improve their behaviour etc. I find my role very satisfying by promoting a positive amount of encouragement for the pupils to believe in themselves as individuals, to prepare them with life skills and gradually develop their self-esteem. I feel this is a huge stepping stone to building a successful future. I enjoy having a variety of responsibility within my role; I like working with different year groups and understanding the range of learning styles. I like to learn from others, I feel within the classroom environment there is so much to observe and learn. I love being part of a team but also to work independently and put forward my own ideas to develop the children’s learning. 7. What aspects of your job/role have not been successful as you anticipated? I sometimes feel there isn’t enough time to discuss things with teachers before or after a lesson. I feel this is an important link to feedback on the pupils learning. I would like to focus on this area and seeing if I can build a stronger relationship with the teachers to ensure I get the chance to evaluate after the lesson I am supporting in and to gain a stronger understanding beforehand to ensure I am ready to assist pupils with confidence in the subject. I’ve also been a little disappointed that I haven’t received an official appraisal since I started my role. I have had opportunities to talk to my line manager about various things, but there has never been an allocated time to give me the change to discuss my development which is equally as important to me. 8. Are there any areas of you work you would like to improve? (2.3b) In reflection of my work so far I am really pleased with my development but always feel I could improve. Firstly I feel that I would benefit from a deeper knowledge in some subjects. For example I am frequently in a Spanish lesson, however I never had the option at school to study this language therefore my Spanish skills are minimal! I would like to look into learning Spanish to help my involvement within lessons. I am keen to re take my core subjects or study at a basic level to refresh my understanding of these subjects; it’s been surprising how much I’ve forgotten. I would also like to dedicate more time into talking to the subject teacher before the lesson to feel confident with the learning objective. At the end of the lesson I would also like to feedback on the pupils participation and understanding of the lesson and discuss how to go forward with any areas of concern. Sometimes I feel it is difficult to keep up with each lesson as my timetable frequently changes and therefore I have limited time to gather information of lessons that I am going to last minute. As a result of the above I would like to improve in planning and organisation to help me progress with other staff and add to the success of the school at every angle. 9. Describe the main aspects of appraisal (2.5/2.6) – An appraisal includes a self-assessment before the meeting with your line manager, this is normally a questionnaire that you rate it on a scale of 1- 10 to analyse how strong you think you are in each section, then as a result these point are discussed in a face to face setting with the line manager. It is allocated time to discuss the progress of you work within the school and personal strengths and weaknesses. This is also an opportunity to discuss the prospect of professional development, short and long term goals. An appraisal is professional organised meeting to agree on actions for going forward in areas that could be improved. 10. What should a school consider when agreeing development plans? In agreeing a development plan, a school needs to consider the amount of funding available for their staff development. The school need to consider the cost of equipment, training and resources, which will support staff to develop and carry out their role to their full potential. As a result of development plans moving forward with staff, there may need to be an agreement in that the staff will need to have their job role updated to reflect their responsibilities. If it was agreed that I was going to attend an external training programme during school hours, this would need to be considered in how the school can cover this absence. In turn the agreement would be looking at how my development could benefit the school in helping in other areas and using the skills learnt within school going forward. 11. When setting and agreeing targets, what is meant by SMART? S – Specific – Making sure that your target states exactly what is needed. M- Measurable – To make sure that you can measure whether the target has been reached A – Achievable – The target needs to be accessible and not too hard to achieve. R- Realistic – It is important to make sure the relevant resources and equipment are available to reach the target set T- Time Bound – There should always be a time set for reaching the target. This is to prevent putting it off to a later date 12. Identify ways in which your own knowledge, understanding and skills in literacy, numeracy and ICT impact on practice. There are times within a lesson where students will ask me to read out a question or to explain a question they don’t understand, it is important that I have the confidence to read it out and deliver an answer accurately. A lot of lessons involve using computers to write up work on or to use specific programmes linked to the subject. I am often asked by the pupils for help in saving their work, spellings and understanding of certain programmes. Fortunately I have worked with computers in previous work therefore I am at a level where I can encourage their ICT knowledge which will be helpful for them in the future. During maths lessons, students are not always allowed to use a calculator and therefore they need to practice other methods. I have learnt several teaching methods from being in these maths lessons to pass on to other year groups, but I am still refreshing my own mind with numeracy. Sometimes it’s a positive that I don’t know the answer as I get the teacher to go through it with me and the pupil to highlight that they are not alone in not knowing it and it makes the teacher aware that pupils require further information on certain tasks. What opportunities are available to you to improve own knowledge, understanding and skills in literacy, numeracy and ICT (unit 210-6.2) Sometimes during inset days our department runs workshops that cover the core subjects to update us with the syllabus of work that the children will be aiming for. The levels are constantly changing and each student is aiming for specific target grades. Therefore we receive a copy of the levels to understand what level the students are at. I have recently asked for a username to the maths programme the pupils use within school and for set homework – this cover all areas of numeracy and is a great resource to keep on top of the work. 14. – Table = To be completed? Understand the work of the team 15. Why is team work important in schools? It is important to support others within school because as a result of developing good working relationships it makes our role more effective. Team work allows us to share and discuss your own ideas and listen to others. It’s an opportunity to develop in all areas listening to others strengths and suggestions that could strengthen the team as a whole not just individually. Team work is also important in that within school it is important that the staffs are using the same guidelines and rules to ensure that the children are receiving the same response from all staff. Offering advice to the pupils should be the same as the next member of staff asked. Team work in schools is so important to keep the pupils feeling safe and confident in their learning environment. Positive working relationships will be witnessed by the pupils and therefore encourage them to mirror this within their lessons. What is the purpose and objective of the team in which you work? Our objective is to identify the needs of students and works to the best of our ability to support them. Our team is in place to support individual students, groups of pupils and general support within class groups. Our team is in place to offer social, emotional, intellectual, physical support to every pupil. Some pupils have individual programmes and difficulties that require one to one support, however everyone is treated equally. Our purpose is to encourage the development of each pupil throughout this stage of their life within secondary school and to motivate them for a positive future. What is your role and responsibilities and those of others in the team? My role and for others in my team includes a variety of duties and responsibilities within the school. On a daily basis we are to ensure we are aware of the needs of the children we are directly supporting and other pupils within a lesson, break and lunchtimes within school. During a lesson we need to be confident in supporting the teacher with each task set and encourage good behaviour and positive learning within the room. It is my responsibility to keep the students on track with their work and not to complete it for them. It is important at the beginning of the lesson to ensure the children have their equipment, books and planners out on the desk and bags under the table to be ready for the teacher to deliver the lesson. It our responsibility as a team to support the teacher in each exercise set for the pupils, liaising throughout the lesson with the progress or concernswithin the class. I also ensure I speak with the teacher about rewarding the students if they have responded well in completing the task or improved a skill that they have been struggling with. During break and lunch times each person within our team has an allocated area to supervise. We are responsible for ensuring that the pupils are behaving and engaging positively with others. If there is a problem within a break time we are linked up to the rest of our team and a support team to have immediate support in a situation. I am responsible for supporting individual programmes of physical stretching exercises which are in place by the statutory statement of Educational Need and consultation with parents and the physiotherapy team. I have a responsibility to complete an evaluation form each day which is a written up overview to record the support given in each lesson. I continuously liaise with the team and my management to ensure I am moving forward and progressing with the school in the right directio n. Why is it important to respect the skills and expertise of other practitioners? It is important to respect the skills and expertise of other staff as different staff bring different skills to the team. I would always seek advice from others when needed in order that the students are getting the best that the school can offer them. This can also help me develop in my role. Other people may have different skills, training and experience thatmay be able to help me on matters I am unsure about

English 4B Unit 9 Essays

English 4B Unit 9 Essays English 4B Unit 9 Paper English 4B Unit 9 Paper Essay Topic: Literature Dark humor and paranoid characters 1. Unlike modernist literature, postmodern literature was characterized by Responds to the work and develops his own ideas about it 2. During literary analysis, the writer reads a work and then Interrogative Read the sentence. How many national parks are located in Utah? 3. This sentence is An exclamation point Read the sentence, and then select the correct end mark. Dont touch that hot stove 4. This sentence should end with Something out of control and unnatural 1. In Yeats poem The Second Coming, the falcon and the falconer are images that most likely represent Sad and depressing 2. Based on Yeats poems Sailing to Byzantium and When You Are Old, he most likely views old age and death as being Incorrect Read each sentence. Select correct if the sentence does not need any commas. Select incorrect if the sentence needs a comma or commas. 3. We were tempted to drink out of that clean cold stream. Incorrect 4. How do motorcycles trail bikes and mopeds differ? Incorrect 5. The Ammonoosuc Ravine Trail is a steep rocky one. Help readers focus on the message rather than the structure 1. Free verse is often used by poets to Dark and somber 2. The mood of the poem The Hollow Men can best be described as Whisper 3. In The Hollow Men, what do the hollow men do together? The potatoes skins Choose the correct possessive form for each phrase. 4. The skins of the potatoes The mens whiskers 5. The whiskers of the men Irritated Choose the meaning of the bolded words in questions 6-13. 6. We were (vexed) by the delay. Trick 7. We children knew the clowns tears were an (artifice.) Continual 8. During the storm, the howling of the wind was (incessant.) Talkative 9. He is much more (garrulous) at home than he is at school. Emphasizing 10. The camp director stated the rules, (accentuating) sportsmanship. Imposing 11. During the playoffs, the team faced a (formidable) opponent. Prayer 12. In (supplication), the woman asked for forgiveness. Power 13. She was surprised by the (potency) of the medicine. Correct Read each sentence. Select correct if the sentence does not need any commas. Select incorrect if the sentence needs a comma or commas. 14. Inside the dead, decaying tree trunk was a honeybee hive. Correct 15. Many vivid tropical fish swam beneath our glass-bottomed boat. Incorrect 16. In Colonial America children went to school on foot in wagons and in sleighs. The fledgling business, though small was doing quite well. Read each group of sentences. Two of the sentences are punctuated correctly. Choose the sentence that contains incorrect comma usage. 17. *Zeke, in fact, beat his old record in the breaststroke by almost two seconds. *Cats, like other seemingly harmless animals, can cause a lot of harm with their claws. *The fledgling business, though small was doing quite well. Nevertheless we managed to wake at six oclock to rush to the airport. 18. *My father, however, does not enjoy camping. *Basketball, it seems, is the favorite sport of the fifth grade boys. *Nevertheless we managed to wake at six oclock to rush to the airport. They were able to prove, I believe that Jesse James was killed in Missouri in 1882. 19. *They were able to prove, I believe that Jesse James was killed in Missouri in 1882. *Frances, therefore, was the last student to leave the party. *Your brother, although younger, is tall enough to ride the roller coaster with you. Internal rhyme 1. Read this line from Fern Hill. And honored among wagons I was prince of the apple towns. This line contains examples of The first line of the poem is also the last line of the second and fourth tercets. 2. Which of these demonstrates that Do Not Go Gentle into That Good Night is a villanelle? Incorrect Choose correct if the sentence uses semicolons correctly or incorrect if it does not. 3. We traveled by car on the other hand; our parents went by plane. Correct 4. Maya has a new puppy; furthermore, its ears are floppy. Correct 5. On our trip through New England, we stopped at Boston, Massachusetts; Keene, New Hampshire; and Rutland, Vermont. Situation 1. In A Shocking Accident, when Greene writes about Jeromes father being killed by a falling pig, he is using humor of Jerome learns of his fathers true fate 2. How is pathos represented in A Shocking Accident? Became engaged 3. In A Shocking Accident, what did Jerome do when it was neither too early nor too late? Incorrect Choose correct if the sentence uses colons correctly or incorrect if it does not. 4. U2s early albums include: Boy, October, and War. Incorrect 5. Dear: Sirs, I am very happy with your product. Incorrect 6. Gertrude is much taller than: Amy, Melissa, and Celia. It describes Orwells feelings about personal experiences. 1. Why is Shooting an Elephant by George Orwell classified as a reflective essay? The owner was furious, but was only an Indian and could do nothing. 2. Which sentence from Shooting an Elephant is an example of irony? Correct Decide if the quotation marks are used correctly. 3. Have you ever read the story A Rose for Emily? Incorrect 4. G.C. Lichtenburg observed, To do exactly the opposite is also a form of imitation. Incorrect 5. I never want to go camping again! exclaimed Melissa. Briefness Choose the meaning of the bolded words in questions 6-12. 6. Everyone appreciated the (brevity) of the lecture. Impassioned 7. Her (ardent) plea to protect the wildlife refuge won her the support of the mayor. Replace 8. The new student tried to (supplant) Ben in his role as photographer for the yearbook. Plowed 9. The farmer (cultivated) the field using a tractor and heavy equipment. Picky 10. My (fastidious) aunt loves this restaurant. Thrifty 11. The family became more (frugal) after the father lost his job. Respected 12. The Nobel Prize is one of the most prestigious awards. This months budget Choose the correct possessive form for each phrase. 13. The budget for this month The doctors schedule 14. The schedule of the doctor Incorrect Read each sentence. Select correct if the semicolon usage is correct. Select incorrect if the sentence needs a semicolon. 15. Slice the kiwi, bananas, and melon leave the cherries whole. Incorrect 16. My in-laws live in Atlanta, Georgia, San Francisco, California, and Miami, Florida. Correct 17. Laurie, Joaly, and Ted went to the museum, but Greg went to see a play. Correct Read each sentence. Select correct if the colon usage is correct. Select incorrect if the sentence needs a colon or does not use colons correctly. 18. I have signed up for the following classes: linguistics, geometry, sculpture, and archery. Incorrect 19. Stanley longed to return to London: he thought the people were friendlier there, and he was constantly fascinated with the citys architecture. Incorrect 20. Gertrude is much taller than: Amy, Melissa, and Celia. Diction 1. The use of wordplay is a form of Larking 2. In Stevie Smiths poem Not Waving but Drowning, the dead man always loved Shed many tears 3. In The Frog Prince, for one hundred years, the Frog Prince has not Artist Rene Magrittes humble beginnings included designing wallpaper and sketching advertisements. Choose the sentence that correctly uses ellipses to replace the underlined words. 4. Artist Rene Magrittes humble beginnings included (nonglamorous jobs such as) designing wallpaper and sketching advertisements. The boys innocence is shattered after he encounters something he cant control. 1. Which sentence best describes the boys character development in A Sunrise on the Veld? and let his head sink back till it was pillowed in his neck muscles 2. Which of these examples from A Sunrise on the Veld shows kinesthetic imagery? One third Choose the group of words in each sentence that is missing a hyphen. If no hyphen is needed, select Correct as is. 3. Only one third of the registered voters showed up at the late polls. Father in 4. Is your father in law coming to the wedding ceremony this Saturday night? Pro American 5. The pro American platform helped the candidate win the senatorial election. Rakesh wants to use his knowledge to help his father 1. In Desais story A Devoted Son, Rakesh insists on a strict diet for his father. Based on information in the story, which best describes Rakeshs motivation? The thing that made Varma proud of his son- his medical accomplishments- is now taking away his own happiness 2. What is ironic about the end of A Devoted Son? Incorrect Choose incorrect if the sentence is punctuated incorrectly. Choose correct if it is punctuated correctly. 3. I ran into a door [see the bump on my head]? Incorrect 4. Several children (that is, five) came down with chicken pox. Correct 5. Several students- twenty in all- auditioned for the lead. Coherence 1. Logical flow in a paper is also known as As a result, Read the two sentences below. Catch and release has become a popular slogan for those who fish for sport rather than for food. Devices that land fish without harming them are popular. 2. Which transition would be the best choice to insert at the beginning of the second sentence? Incorrect Select correct if the sentence is punctuated correctly. Select incorrect if it is not. 3. Who can explain this passage from Madame Bovary? asked Mr. Sonnenburg. Correct 4. Having just broken up with her boyfriend (whom she had known since elementary school), Tasha was not ready for another long-term relationship. Incorrect 5. Jim Thorpe 1888-1953, an outstanding all-around athlete, was born on a reservation near Prague, Oklahoma.

Personal And Proffesional Values Social Work Essay Essays

Personal And Proffesional Values Social Work Essay Essays Personal And Proffesional Values Social Work Essay Essay Personal And Proffesional Values Social Work Essay Essay Valuess are portion of my upbringing and play a large portion in my life, as they underpin my ideas and actions. As a societal work pupil I need to oppugn my personal values, beliefs and moralss as these will hold a large impact on my behavior as a professional.A My personal values are congruous to the values of societal work, which is the ground why I have chosen a calling in a societal attention. This values are self finding to advance societal justness, being caring and helpful toward others, truthfulness ( honestness ) and regard. Working in Residential and Care Homes farther developed my involvement in advancing societal justness and societal alteration on behalf of the service users. I understand, that as a societal work pupil I need to move in conformity with the values, and moralss of the profession, acknowledging how personal and professional values may conflict with the demands of diverse clients. VALUING DIVERSITY To value diverseness means admiting my ain biass, leting people to be different and esteeming these differences. Bing raised in Poland, where 96, 7 % of population is Polish my upbringing was white and influenced my bias about people from other civilizations. Due to miss of contact and cognition I have made a preconceived judgement about other races. My societal environment such as faith and civilization has influenced me to act in certain ways towards other people. My faith created a stereotype and bias about homosexualism. My beliefs would non accept homosexualism due to influence of the church on my attitude towards sexual orientation.A Traveling to England and altering my societal environment made me recognize how incorrect those perceptual experiences were. Populating in multicultural environment made me cognizant of different civilizations, faiths, races, which helped me to alter my attitude towards people from diverse backgrounds. I have made friends from different parts of the universe what helped me to heighten my apprehension of different civilizations and faiths. I have learned how to accept and esteem the differences. I understand and recognise that we populating in a diverse society and that there is much to be gained by holding a assortment of people, with a assortment of backgrounds, attacks, endowments and contributions.A A Discrimination My experience with favoritism started when I moved to England in 2004. I was frequently capable to dissing racial gags. The stereotypes about my civilization and people along with labelling were really violative and painful.A The people with whom I have been working held hostile attitudes toward Polish people and civilization. I was working in Bed and Breakfast where the bulk of employees were English.A My employer treated me otherwise than other employees. When apportioning the undertakings, she would frequently give me the most of them populating the remainder of the staff making about nil. On one juncture one of the employees did non finish the given undertaking and she said Let the Polish get on with this . She would non hold dared to handle other employees the manner she treated me. Probably she thought that she could acquire away with it because I did non cognize my rights and my English linguistic communication was really hapless. I found that experience really painful and c ould non understand why I was treated this manner. Later on I have discovered that it was a direct favoritism and it is against the jurisprudence to be treated this manner. There are a figure of policies and statute laws that could use to my state of affairs such as: The 1976 Race Relations Act, which makes it improper for an employer to know apart against you on racial evidences. Race includes: coloring material, nationality, cultural or national beginnings . ( www.direct.gov.uk ) The Equality Act 2010 provides a new cross-cutting legislative model to protect the rights of persons and progress equality of chance for all ; to update, simplify and beef up the old statute law ; and to present a simple, modern and accessible model of favoritism jurisprudence which protects persons from unjust intervention and promotes a just and more equal society . ( www.equalities.gov.uk ) A A I could besides utilize bureaus such as Citizen Advice Bureau, which provides free advice to aliens, and frequently offer a transcriber to supply information and advice on employment rights, including discrimination.A ACAS is another administration, which provides general information on employment rights and duties. A Bing discriminated in the yesteryear made me gain how damaging the effects of favoritism can be. I have started to inquire why people discriminate against each other. On many occasions I have witness favoritism but due to miss of cognition I was non able to dispute it and merely accept or disregard it.A Last twelvemonth on the Access Course I have developed a cognition which helped me to understand why favoritism happens in society. I have learned different theories behind favoritism which helped me to understand its roots.A Since so I have become more observant and started to reflect on my ain actions and actions of others. Schon ( 1983 ) identifies two types of reflection.A Reflection in action, which isA believing back on what we have done in order to detect how our knowing in action may hold contributed to an unexpected result. We may make so after the fact, in tranquility or we may hesitate in the thick of action ( stop and think ) ( Schon,1987:26 ) . Reflection -in -action is about disputing my premises, believing once more, in a new manner about the job that I have encountered. Reflection In Action is go oning where we may reflect in the thick of action without disrupting it. Our believing serves to reshape what we are making while making it ( Schon, 1987:26 ) . By detecting others in my current work topographic point I have identified negative experiences present in a Care Home based on feelings of favoritism and unjust intervention which was against my ain values and believes. A One of the illustrations of favoritism that I have informant was favoritism through the linguistic communication. Working in a Residential Home as a carer I have noticed a member of staff utilizing patronising and contemptuous linguistic communication towards residents.A I found that linguistic communication really disrespecting and decided to dispute my co-worker. I have realized that he held a negative attitude towards older people, A as he regards to occupants as soiled old adult female , A and name them as useless . I have explained to him that one twenty-four hours he besides will be old and A is that the manner he would wish to be seen. At this point my Manager came in and after explicating what has happen, the member of staff was asked to go forth the premises. In contemplation on this experience I have realized that people have different attitudes to aged population, which are different to my ain attitude. A Another observation involves a occupant holding negative attitudes towards black people.A The occupant would non let a black member of staff to supply any sort of aid or personal attention. She would shout and curse utilizing contemptuous linguistic communication every bit shortly as they entered the room.A Because the bulk of carers are black it is difficult to apportion a white member of staff to assist her. When inquiring her why she does non desire a black member of staff she answered that she does non desire inkinesss to assist or touch her because they are soiled and useless . On one juncture when go toing this occupant I decided to dispute her perceptual experiences about black people and called a new black member of staff to assist me when giving personal attention. I have explained to the occupant that she is a new member of staff and she will merely detect me. She accepted it but was non really happy about it. While working with occupant I started to inquire the miss inq uiries, such as why she wants to work here and does she like her occupation. She responds that she was looking after her grandma who passed off late and has a batch of experience and that she enjoys assisting other people. The occupant was listening but did non state anything. A I was trusting that she will alter her negative attitude after passing some clip with the black member of staff, after watching me holding a positive interaction with her. Not being cognizant of the resident attitude the miss asked her if she would wish her to make her hair because she used to make it really nice to her grandma. The occupant did non reply merely sat on the chair and gave the miss a hair coppice. On that phase I have left the room trusting that this experience will alter her attitude and bias against black people.A The occupant now is being attended by black staff without any jobs, and pass oning in a respectful manner. A A Contemplation ON THE POLICIES OF CHALLENGING DISCRIMINATION IN MY WORK PLACE ( JEWISH RESIDENTIAL HOME ) The usage of Anti Discriminatory pattern at my work topographic point is cardinal to the ethical footing of attention proviso, and equality statute law is important to the protection of service users self-respect. It imposes peculiar duties on public and service suppliers to avoid stereotyping and to esteem service user s diverse demands and cultural diverseness. To dispute favoritism Jewish Care has put into topographic point a written policies and processs to cover with prejudiced behavior and pattern. A Ambitious DISCRIMINATION AND OPPRESSION A get downing point in disputing favoritism and subjugation is holding consciousness of the different types and ways that favoritism and subjugation can happen. Thompson PCS Analysis provides a clear and apprehensible method of consideration favoritism and subjugation in the context of personal, cultural and social degrees. The procedure of authorization is besides important in disputing subjugation. A On a personal degree we could authorise persons to take control over their lives, for illustration through sweetening of self-esteem and assurance. On a cultural degree authorization is concerned with going aware of political orientations premised on inequality. Prejudiced premises and stereotypes should be challenged in order to interrupt down an oppressive civilization. On a structural degree authorization involve abolishment of structural inequalities from the construction of society.A Education plays of import function in disputing favoritism. By educating people to understand the causes and effects of favoritism we can dispute traditional beliefs and patterns refering peculiar groups and promote equality, diverseness, inclusion and tolerance. A A A A ANTI DISCRIMINATORY PRACTICE Anti discriminatory pattern is an attack which seeks to battle favoritism and subjugation, in footings of disputing all signifiers of favoritism and subjugation from our ain pattern and pattern of others ( Thompson, 2006 ) . As a societal work pupil I need to develop farther my anti discriminatory practice.A To make so I have to recognize the significance of favoritism in people s lives, particularly in the lives of deprived people. I besides need to develop self-awareness and do certain, that my ain action does non reenforce favoritism. A A A A A A A A A

Novartis Pharmaceutical Corporation Essay Example | Topics and Well Written Essays - 500 words

Novartis Pharmaceutical Corporation - Essay Example The ideas identified here are further polished and developed in the Novartis Foundation for Sustainable Development and then the finalized solutions to cure the sufferings of the humanity are turned into Novartis product line. The objectives of the growth and welfare go hand in hand throughout these stages. The company’s goals and objectives are in line with its mission and all initial goals and objective contribute towards the final mission of the company. A more than 50.6 billion dollar sale in 2010 provide Novartis the solid financial grounds to support its research activities, fulfillment of commitments towards people, patients, communities, and environment. This not only contributes to the making of a corporate citizenship face of the company but shareholders also yield an increase of 5% in dividends. Novartis portfolio is widening rapidly and recent mergers and business purchases are a symbol of company’s confident march towards success. The fruit of this growth r eaching end to end and employees’ commitment towards the growth of the business marks this fact. (Report, 2010).Aforementioned short description of the company helps us to conclude our discussions with a sufficient insight into the scale of Novartis business and operations. This helps us to select the company for the SLP project and preparation of a detailed case. Moreover, the available sources of information can lead to the in-depth study of the company which is the most exciting part of any SLP project.

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