Bubbles And The Reasons Why They Always Occurs - 1375 Words

Definition Of Bubbles And The Reasons Why They Always Occurs (Coursework Sample) Content: Name:Institution:Course:Date:Marketing BubblesQuestions 1 Definition of Bubbles and the reasons why they always occurs.A marketing bubble or economic bubble refers to an investment scenario where investors put pressure on demand for goods and services in the economy leading to rising in the price of the goods beyond their shadow prices or rational reflection of their real worth. Marketing bubble dates back to a sixteenth century, and Economist has termed it as the most reoccurring monetary phenomenon. Economic bubbles keep occurring since investors place more hopes on the investment and have the notion that the bubble will never stop, however, the investment and money that was ventured soon vanish in thin away causing economic problems such as poverty, poor standards of living and loss of capital. A bubble crush is a response from the investment bubble when the average prices in the market significantly drop. Investors hurriedly try to leave the market at once by sel ling the shares or the goods at a loss to avoid being caught up in the bubble crash. For example, in 2008, the housing bubble lead to many losses in mortgage and capital when Americans house prices decreased rapidly and become cheap which caused losses to investors who had borrowed money from banks crippling both financial institutions and mortgage owners(Brunnermeier 80). Besides, the panic selling during an economic bubble is followed by a depression that affects the whole economy and other dependent nations.Many investors never learn the lessons from past financial bubbles since all bubbles are similar and investors are motivated by readily available liquidity that causes bubbles. The availability of cash helps investors venture into the profitable market, and they dont realize the high pressure on demand for goods and services until the prices are high and everyone is demanding the good in the market. The sweet deal makes investors forget about the financial crash, and they all concentrate in the venture leading to excess demand of the product which later falls leading to losses and economic problems. Investors failed to learn from the dot-com bubble crash in the 1990s when the commercial internet venture raised the demand for internet business leading to delusive commercial schemes. The need to take advantage of internet commerce such as online marketing resulted in many investors acquiring funds o venture in the firm putting pressure on the market. The main reason why bubble occurs is delusive financial schemes and the greed to make quick money from speculative investments.2. Reasons why crashes and leads to financial crisis bubbleEconomic bubbles are situations when a small mistake leads to prices come crashing down. In most cases, bubble crash due to investors ignorance on market demand and supply while concentrating on other works and overconfident to learn from experience. Bubbles crash due to excess demand for a product or service triggering the market on the downside and leading to falling in supply and financial crises. According to Holt (119), trading is not a pure science rather it is a social science, and anyone can affect the market leading to bubble crash. However, bubble alone is not enough to cause the financial crisis, rather the combination of investment bubbles and leverage leads to depression. Using the dot-com bubble as an example, the borrowing of funds from banks to venture in the commercial internet with the aim of earning a higher return at high risk causes the financial crisis.Moreover, similar to the 2008 housing crisis and 1987 stock market crisis, the act of acquiring liquidity to venture into risky but profitable ventures leads to bubble crash and depression. Banks avails loans and funds quickly and charges higher interest, on the other hand, investors uses the credit to demand a profitable venture into the market and are overconfident that the profits will be high. However, a small prick causes the p rices to crumble down and leads to economic crisis. Besides, fear is also significant compared to greed by investors, the fear of prices changes in the market leads to investors thinking irrational causing a disturbance in the market and create a bubble burst.3. Housing Bubble and Financial Crisis of 2008In the United States, the great moderation period conceded with the housing boom. Many Americans viewed their homes as piggy banks and use it to acquire loans and leverage for other ventures. The prices of houses in the west coast increased leading to a promising investment in the real estate. The aftermath of the financial crisis in the 2000s, the government enacted a policy that lowered the interest rates for an extended period (Brunnermeier 87). Therefore, many investors borrowed an enormous amount of money to venture on speculative projects that could lead to high returns at high risk. Investors and real estate brokers invested in mortgages and real estate started mushrooming all over the American states. This lead to increase in mortgage prices and high liquidity in the market. However, as many people demanded real estates, the fear of prices falling came and many people loss their money, banks went bankrupt, and the economy dipped into depression. Leverage was the primary cause of the 2008 housing bubble and the greed to earn high returns from the real estate market. In addition, investors failed to diversify their operations and placed all their money on one basket of real properties.4. Reasons why traditional economist was unable to explain bubbles and financial crisisAfter the housing crisis in 2008, many economists widespread share blames for failing to predict the impeding dangers of bubble burst and the resulting financial crisis. Many economists lamented on the biases of the free market economy where its hard to predict the demand and supply of goods and services in the economy. However, most traditional economists confesses to failure of fo reseen the damages of the housing bubble on the economy. Besides, according to Kotz (310), classic bankers biggest failures was a failure of predicting the recession and other significant events. The techniques and mathematical models employed by banks and monetary policies are simple and cannot predict any major events. Moreover, traditional economists argue that it is hard to predict economic events since it is based on ideology and not science. It&rs...

The Ethics Of The Corporation - 1518 Words

takes into account both equipment and labor. The tax credit amounts to a 30% credit for solar, fuel cells, small wind and various other PTC-eligible technologies, and a 10% credit for geothermal, micro-turbines, and Combined Heat and Power (CHP). Unlike the PTC, the ITC has a time commitment of only five years, and the tax credit is realized the same year the project begins operation. Ownership transfers are permitted, but if a project owner sells its assets before the end of the five-year period, the Internal Revenue Code allows the government to recapture the unvested portion of the credit. Thus, for example, if the project owner sells his interest to another party after three years, the project owner will need to pay back 40% of the investment tax credit it received when the project began operation. There are several benefits that have made the ITC desirable for investors. Most notably, investors are not exposed to the risks of decreased demand or production obstacles, since s elling electricity is not a requirement of the ITC. Moreover, the ITC reduces the depreciable basis of the project owner’s property and presents more incentive options for investors. Also, unlike the PTC and the Section 1603 cash grant, the ITC remains in effect until December 2016. However, if the PTC gets renewed, project owners may only take advantage of either one tax credit. Thus, if a project owner wants the ITC, he or she forgoes the benefits of the PTC. THE SECTION 1603 CASH GRANTShow MoreRelatedThe Ethics Of The Enron Corporation1908 Words   |  8 Pages October 2, 2015, news broke that Enron Field was still the legal name of Minute Maid Park in the Texas comptroller’s office. Even after a 15 year period of change here in Houston, Texas, there are still small remembrance that the Enron Corporation was a large part of the Houston culture. 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Islam Is The Second Largest Religion - 2376 Words

Islam Islam is the second largest religion in the world after Christianity with over 1.6 billion followers worldwide. Along with Christianity and Judaism, Islam is one of the three Abrahamic Religions. Although Islam is faced with a formidable criticism in the world today, according to a Pew Research study, it is expected to surpass Christianity and become the world’s largest religion within this century; even as soon as the year 2050 (Hackett). Despite the staggering numbers of Muslims in the world, it’s almost astounding that most Europeans and North Americans have never met a Muslim (Prothero 25). Therein lies the problem as to why many Westerners see Islam as evil because that’s the image of Islam that has been propagated by the mainstream media of the West. Let’s assume that it’s not the Islamic faith that causes violent individuals and gangs to spread evil, hate, chaos. and disorder in the world, but the terrorists, who falsely hide behind Islam, ar e the ones to blame and they are the uncontrollable savages. If a person is violent, then their Islam, their Christianity, their Buddhism, their Judaism, their Hinduism, their whatever faith is going to be violent. In order to lift this veil of fear and mistrust of Islam and its followers, Muslims, we must understand the teaching of Islam. Beginning of Islam Most, if not all, Muslims would claim that Islam dates back as far as Adam. While technically correct, it wasn’t the Islam Muslims know and practice today. It was withShow MoreRelatedIslam: The Second Largest Religion in the World872 Words   |  3 Pagesmodern day, Islam is the second largest religion in the world only behind Christianity. 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In this project, I will explain what Islam is, I will review the teachings of this religion with emphasizeRead MoreIslam Is Construed As The Second Largest Religion After1077 Words   |  5 PagesIslam is construed as the second largest religion after Christianity across the world. It stretches from Northern Africa to the Far Southeast Asia. And there are momentous numbers of the Muslims that can be found transversely on the world. The Islamic religion is believed to have originated from Arabia when Prophet Muhammad incepted it in the seventh century (570-632). It is believed that he did receive divine revelation that is recorded in the Quran. The Muslims holds the conviction that Allah isRead MoreHistory Of Islam : The Second Largest And Fastest Growing Religion Essay1400 Words   |  6 PagesHistory of Islam: Islam is the second largest and fastest-growing religion worldwide despite being the youngest of the major religions across the globe with 1.2 billion followers. 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Muhammad dictated to the Quran, which is the holy book of Islam. The followers of the Islam religion call themselves Muslims. â€Å"There is approximately 1.8 billion people that follow the Islam religion. It is the second largest religion in the world† (Lipka, 2017). Followers

Employee Turnover in Egypt free essay sample

The measures for analysis are the factors affecting this phenomenon (company image, the pay satisfaction, nature of work, nature of peer group, peer self-comparison, internal career/growth opportunity, outside career opportunity, the degree of match between what was expected and what was achieved in the present job) and its impact on the performance of organizations. It was found that Labor Turnover affects negatively the performance of organizations and the most important factors affecting turnover are; internal career/growth opportunity, the pay satisfaction, outside career opportunity and the degree of match between what was expected and what was achieved in the present job. Introduction Labor turnover is a term that is widely used by many human resource practitioners. The term â€Å"turnover† is defined by Price (1977) as: â€Å"The ratio of the employees of organization who left in a particular period of time with the average number of employees in that organization during the same period of time†. According to Currivan (1999), â€Å"Turnover is a behavior which describes the process of leaving or replacing employees in an organization†. to the comment given by Becker (1999) that the most common cause of employees leaving their jobs is inability of the employees to match their skills against the skills demanded by the job. According to Kevin et al (2004), although there is no standard framework for understanding employee’s turnover Processes as whole, a wide range of factors have been found useful in interpreting employee turnover. Turnover has considerable impact on an organization performance as it should be properly addressed and measured. In a survey conducted by Chartered Institute of Personnel and Development (CIPD) in 2005, different responses towards turnover were revealed as follows: 52 % of the respondents felt that labor turnover had a minor negative effect on organizational performance. 21 % stated that there was no effect. 17 % stated that a serious negative effect. And 9 % that there was a positive effect. Past researches concluded that employee turnover has very negative effect on the operating performance of an organization with the help of theoretical and empirical analysis and this is due to interruption of daily organizational routines (Dalton and Todor 1979, Bluedorn 1982). On the other hand, many other researchers found that organization gets benefit due to fresh blood and innovative thinking and also increases the motivational level of employees that bring to a new job (Abelson and Baysinger 1984, Mowday et al. 1982). Fahad Abdali. (2011), Most turnover research has been carried out in the United States and is predominantly quantitative theory testing using cross-sectional designs. It is dominated by studies in the psychological tradition that place turnover as a dependent variable and explore its antecedents in private sector contexts. There is much less work on turnover as an independent variable and hence its relationship to organizational performance and there is relatively little research on turnover in the Gulf region where there are big social, cultural and labour market differences in relation to the West. STEPHEN SWAILES SALEH AL FAHDI. (2010)) The reason that why, this research topic was selected because in our environment most of the workers are not satisfied with their jobs and most of them are quiet their jobs when they find relatively better job than that one. The reason is not that they are not competent but there are few factors the effect the commitment and satisfaction of the employee towards their j ob, some are employee workload, work stress, salary, job satisfaction, and work to family conflict. Muhammad Naeem Tariq. (2013) Problem identification The reason that why, this research topic was selected because in our country many of workers are not satisfied with their current job and there was observed high rate for Labor Turnover especially in private sector where this study takes place. Research objectives †¢ Identifying the relation between labor turnover and organization performance in the Egyptian private sector. †¢ Finding solutions for labor turnover problem. Literature review Muhammad Naeem Tariq. (2013), suggested that job satisfaction and affective commitment as the basic variables with turnover intentions. He further argues that no support was found in the results for continuance dedication as a variable with turnover intentions. The results also concluded that significant positive correlations were found for the distal variables workload, work stress, employee salary, job satisfaction, and work to family conflict. Also suggested that the first, quitting is a salient, major life event, and people remember the details surrounding such events relatively easily. Second, quitting tends to be associated with affective arousal, be it negative or positive; such events are more easily remembered than those with little accompanying affective arousal. Moreover, people often remember such events better after a long rather than a short period of time. Also, time since quitting was unrelated to decision type; lessening the chance that memory decay had an effect on the findings. They further analyze that it is fair to say that lecturers will put in their best when the work environment is conducive; when there are good welfare packages like good houses, adequate health and medical insurance, training and development opportunities and other relevant fringe benefits. In the absence of these, it can only be expected that frustration and eventually quits will result. Given their role in society, there is a strong case to pay special attention to university academics while not constituting them into a special class. However, it is important to further explore opportunities to provide more incentives to enable lecturers maximize their role in the development process. In doing this, we have also shown that economic incentives on their own do not provide sufficient motivation for university teachers. Another possibility is that the relationships discovered could be partially due to employee schemata or implicit theories of turnover. However, if such schemata reflect reality or are widely held by employees, they may not threaten the validity of our findings. Also defines that the top management change or employee turnover is to be any change in the set of individuals holding the title of chief executive officer (CEO), president or chairman of the board. His major hypothesis is that the probability of a top management change is inversely related to performance of an organization. Using a random sample of listed firms, He tested the hypothesis with a prediction procedure to exploit information on firms that do not experience a management change. At last he found that change in top management inversely related to the efficiency of the organization. And reported that the rate at which staff change jobs has posed a serious problem for employers in the private and public sectors. Since, staff employee turnover generally breaks the stability, consistency and continuity of work, makes long-term planning more difficult, it leads to shortages of staff which in turn can raise the workloads of other employees, and raises the costs of recruiting and training staff. They further analyze that it is fair to say that lecturers will put in their best when the work environment is conducive; when there are good welfare packages like good houses, adequate health and medical insurance, training and development opportunities and other relevant fringe benefits. In the absence of these, it can only be expected that frustration and eventually quits will result. Given their role in society, there is a strong case to pay special attention to university academics while not constituting them into a special class. However, it is important to further explore opportunities to provide more incentives to enable lecturers maximize their role in the development process. In doing this, we have also shown that economic incentives on their own do not provide sufficient motivation for university teachers. Boondarig Ronra (2008), defines job satisfaction as â€Å"a collection of feelings that an individual holds towards his or her job. † In summary, job satisfaction is a collection of positive feelings or an emotional state that a person perceives based on a variety of aspects of the work itself or work environment. Job satisfaction is correlated to life satisfaction which means that people who satisfied with life will tend to be satisfied with the job and people who are satisfied with their job will tend to be satisfied with their life. Ellen S. Kehoe. (2009) , People are important component of any organization. Successful organizations strive to maintain a low level of employee turnover because of its associated organizational impacts and costs. Thomas Korankye. (2012), that it cost twice the employer to get a new employee than to retain an existing employee. Most of these costs can be attributed to mistakes, errors and poor service the newly recruited employee will provide to customers whilst learning on the job. Ellen S. Kehoe. (2009) ,All organizations need to focus on attracting potential employees who will become productive members of the organization. Thomas Korankye. (2012), employees are seen as major contributors to organizations competitive advantage and as such for the competitive advantage to be maintained, labour turnover should be discouraged by management. Whilst their literature points to the fact that labour turnover can have a negative impact on organization’s performance, it is not everyone who will abide by that idea and as such part of the literature will examine what causes employee turnover and the impact it has on organizations. The banking industry in any economy is considered as crucial and as such poor performance of the industry can have a diverse effect on the economy as a whole. Organization with strong communication systems enjoyed lower turnover of staff. This is based on the idea that employees feel comfortable to stay longer in positions where they are involved in some level of the decision-making process. That is employees should fully understand about issues that affect their working atmosphere. Apart from non-involvement in decision making. Boondarig Ronra (2008), the way of measuring employee turnover is to measure the number of leavers in a particular period as a percentage of the number of total employees during the same period. The organization will usually calculate employee turnover rate on a quarterly or annual basis. Turnover rate is sometimes called the separation rate, and it is revealed as below: (Number of leavers\ Average no. working) x 100 = Separation rate This formula will present a percentage rate of employee turnover for the organization, and can also be used for a comparative relation over the time. This method too can be used as the indicator to compare particular organization to the industry’s average turnover rate. This is known as benchmarking. Fahad Abdali. (2011),Employee turnover may be classified into five categories a) Functional Vs Dysfunctional Turnover: Functional turnover can be defined as â€Å"A turnover in which poor performers leave† while Dysfunctional turnover can be defined as â€Å"A turnover in which good performers leave† b) Avoidable Vs. Unavoidable Turnover: A turnover that happens in avoidable circumstances is called ‘Avoidable Turnover’, where as â€Å"A turnover that happens in unavoidable circumstances is called ‘Unavoidable Turnover’ c) Voluntary v/s Involuntary Turnover: Voluntary turnover can be defined as â€Å"The turnover in which employee has own choice to quit or instances of turnover initiated at the choice of employees† where involuntary turnover can be defined as â€Å"The turnover in which employees have no choice in their termination e. g. sickness, death, moving abroad or employer’s initiated termination†. d) Internal Vs External Turnover: Turnover can be classified as ‘internal turnover’ or ‘external turnover’. Internal turnover happens when employees send-off their current position and getting a new position within the same organization. It is related with the internal recruitment where organizations filling the vacant position by their employee or recruiting within the organization. e) Skilled Vs Unskilled Turnover Untrained, uneducated and unskilled positions often face high turnover rate. Without the organization or business incurring any loss of performance, employees can generally be replaced. On the other hand skilled and educated positions may create a risk to the organization while leaving. Therefore turnover for skilled and educated professionals incur replacement costs as well as competitive disadvantage of the business. Research Hypotheses Main Hypothesis: H0: The labor turnover positively affects the performance of the organization. H1: The labor turnover negatively affects the performance of the organization. Other hypotheses: H1: pay satisfaction influence labor turnover intentions negatively. H2: internal career/growth opportunity provided by organization influence labor turnover negatively. H3: outside career opportunity influence labor turnover intentions negatively. H4: The degree of match between what was expected and what was achieved in the present job positively influence labor turnover intentions.

Network Management Essays - Network Management,

Network Management Imagine yourself as a network administrator, responsible for a 2000 user network. This network reaches from California to New York, and some branches over seas. In this situation, anything can, and usually does go wrong, but it would be your job as a system administrator to resolve the problem with it arises as quickly as possible. The last thing you would want is for your boss to call you up, asking why you haven't done anything to fix the 2 major systems that have been down for several hours. How do you explain to him that you didn't even know about it? Would you even want to tell him that? So now, picture yourself in the same situation, only this time, you were using a network monitoring program. Sitting in front of a large screen displaying a map of the world, leaning back gently in your chair. A gentle warning tone sounds, and looking at your display, you see that California is now glowing a soft red in color, in place of the green glow just moments before. You select the state of California, and it zooms in for a closer look. You see a network diagram overview of all the computers your company has within California. Two systems are flashing, with an X on top of them indicating that they are experiencing problems. Tagging the two systems, you press enter, and with a flash, the screen displays all the statitics of the two systems, including anything they might have in common causing the problem. Seeing that both systems are linked to the same card of a network switch, you pick up the phone and give that branch office a call, notifying them not only that they have a problem, but how to fix it as well. Early in the days of computers, a central computer (called a mainframe) was connected to a bunch of dumb terminals using a standard copper wire. Not much thought was put into how this was done because there was only one way to do it: they were either connected, or they weren't. Figure 1 shows a diagram of these early systems. If something went wrong with this type of system, it was fairly easy to troubleshoot, the blame almost always fell on the mainframe system. Shortly after the introduction of Personal Computers (PC), came Local Area Networks (LANS), forever changing the way in which we look at networked systems. LANS originally consisted of just PC's connected into groups of computers, but soon after, there came a need to connect those individual LANS together forming what is known as a Wide Area Network, or WAN, the result was a complex connection of computers joined together using various types of interfaces and protocols. Figure 2 shows a modern day WAN. Last year, a survey of Fortune 500 companies showed that 15% of their total computer budget, 1.6 Million dollars, was spent on network management (Rose, 115). Because of this, much attention has focused on two families of network management protocols: The Simple Network Management Protocol (SNMP), which comes from a de facto standards based background of TCP/IP communication, and the Common Management Information Protocol (CMIP), which derives from a de jure standards-based background associated with the Open Systems Interconnection (OSI) (Fisher, 183). In this report I will cover advantages and disadvantages of both Common Management Information Protocol (CMIP) and Simple Network Management Protocol (SNMP)., as well as discuss a new protocol for the future. I will also give some good reasons supporting why I believe that SNMP is a protocol that all network administrators should use. SNMP is a protocol that enables a management station to configure, monitor, and receive trap (alarm) messages from network devices. (Feit, 12). It is formally specified in a series of related Request for Comment (RFC) documents, listed here. RFC 1089 - SNMP over Ethernet RFC 1140 - IAB Official Protocol Standards RFC 1147 - Tools for Monitoring and Debugging TCP/IP Internets and Interconnected Devices [superceded by RFC 1470] RFC 1155 - Structure and Identification of Management Information for TCP/IP based internets. RFC 1156 - Management Information Base Network Management of TCP/IP based internets RFC 1157 - A Simple Network Management Protocol RFC 1158 - Management Information Base Network Management of TCP/IP based internets: MIB-II RFC 1161 - SNMP over OSI RFC 1212 - Concise MIB Definitions RFC 1213 - Management Information Base for Network Management of TCP/IP-based internets: MIB-II RFC 1215 - A Convention for Defining Traps for use with the SNMP RFC 1298 - SNMP over

Fate vs. Freewill Essays

Fate vs. Freewill Essays Fate vs. Freewill Paper Fate vs. Freewill Paper Numerous people use fate as a cover-up in order to take less responsibility over their life. Many people believe that fate controls their every move and decision, and that even the choices they make are not really their own. Man’s Search for Meaning is a memoir written by Viktor Frankl in which fate vs. freewill plays a large part of Frankl’s story. Frankl is imprisoned in a concentration camp during the Second World War. He struggles to find inner peace as his journey progresses and his life unfolds. In The Bell Jar, a novel written by Sylvia Plath, Esther Greenwood is a girl searching to find her place in the world. As she falls into depression, she loses her power of freewill and slowly recedes into herself. Her mind becomes her prison as her will to live disintegrates. In both stories, the characters face indecision and inner struggles. They seesaw between the right to choose through freewill and letting fate take its course. In Man’s Search for Meaning, Viktor Frankl holds fate as his master. With nothing left to lose and nothing within his reach, he has no other choice but to let fate run its race. He says, â€Å"Fate was one’s master, and that one must not try to influence it in any way but instead let it take its own course. (Frankl 77) By this he’s saying that there was nothing you could do to change your future and that you shouldn’t try to, either. By letting fate guide him, his life is ultimately saved. This happens when he is deported to another concentration camp where he is predicted to be gassed. He could’ve stayed if he tried hard enough, but in stead he relied on his intuition and inner guiding force. As it turns out, the camp was not a crematorium. However, he finds out that after he left the previous camp, cannibalism had sparked into existence. He says, â€Å"Cannibalism had broken out and I had left just in time. (Frankl 76) If he had stayed in the other work camp, he might have been influenced by this immoral act or injured. The Bell Jar holds a story based more on free will. Esther Greenwood is trapped in the painful and challenging coming-of-age period. She has every opportunity in the world to follow her dreams and go far. However, she falls into the throws of depression, and the mental illness complicates her passage through this period even more. She says, â€Å"I saw my life branching out before me like the green fig tree in the story. From the tip of every branch, like a fat purple fig, a wonderful future beckoned and winked†¦. : I saw myself sitting in the crotch of this fig tree, starving to death, just because I couldn’t make up my mind which of the figs I would choose. I wanted each and every one of them, but choosing one meant losing all the rest, and as I sat there, unable to decide, the figs began to wrinkle and go black, and, one by one, they plopped to the ground at my feet. † (Plath 62-63) Esther’s indecision holds her captive, and she begins to lose the desire to choose altogether. Her depression begins to blanket her completely, until neither fate nor freewill can save her. Indecision acts like a vice holding one’s head in a constricting grip. The inability to choose where to go next can be painful and is often confusing. In Man’s Search for Meaning, Viktor Frankl is not a slave to vacillation. In trudging through life, he acts on his first instinct, his inner guiding force: fate. However, at times, a life changing decision is not made easily. When deciding whether or not to try and attempt an escape from the concentration camp, Frankl is thrown into a battle of fate vs. freewill. He does not know what will happen if he stays in the camp and let’s fate take its course; but if he runs away, he knows he can hope for freedom. In a desperate act of freewill, he decides on the latter. He doesn’t get very far in his attempt, but his actions show his confusion within the battle of fate vs. freewill. Esther Greenwood in The Bell Jar also shows a deep misunderstanding of her life. She wishes for all that she cannot have, and it drives her mad. She says, If neurotic is wanting two mutually exclusive things at one and the same time, then Im neurotic as hell. Ill be flying back and forth between one mutually exclusive thing and another for the rest of my days. (Plath 76) In this quote she’s saying that it is impossible for her to set her mind on just one thing. This shows how her actions are guided by freewill and not fate, as she cannot follow any instincts or premonitions. There are those who say that one creates his fate, and others who say that it is fate that creates us. As for the truth; it lies buried in the struggles of the mind, in indecision, and in the ability to firmly say yes or no. Both Man’s Search for Meaning and The Bell Jar show the struggle of the will of man against instinct and a higher guiding power. It is generally the first instinct that guides people onward in their lives. But how many times does one regret making a decision they should not have? How many times does one regret not making a decision they should have? If instinct ties directly to fate, then it is safe to say that fate is not an indestructible guiding force. Relying solely on fate alone will bind the mind, and limit the spirit. A person will make mistakes no matter what they believe, and it is important to understand the value of choice and consequence.

Movie Boiler Room Legal Perspective Essay Example | Topics and Well Written Essays - 500 words

Movie Boiler Room Legal Perspective - Essay Example him shares on Farrow Tech offering information that the company has a revolutionary new drug that will soon be approved by the Food and Drug Administration. On the promise of high returns, he lures the buyer by initially selling a minimum amount on the basis of testing the waters. Then, when the stocks have had a minimal percentage gain, Harry would fall at ease with Seth as his broker. However, when the stocks dropped, Harry wanted to pull out his money but Seth reels him back in by declaring he has information that the drug will actually soon be approved. He pushes it further claiming there is another product to hit the market and eventually was successful in attaining a $50,000 dollar investment from Harry. The latter had consequently invested his family’s entire savings (Younger, Boiler Room). These actions constitute fraud in the inducement contrary to law. The elements of this kind of fraud are: â€Å"1. a false representation; 2. of a fact; 3. that is material and; 4. made with knowledge of its falsity and the intention to deceive (scienter); and 5. which representation is justifiably relied on† (Mann and Roberts 211). More specifically, it is fraud through false representations. Since ordinarily, nondisclosure in sales does not constitute an actionable offense, the misrepresentation must have the following requisites: â€Å"(1) a person fails to disclose a fact known to him; (2) he knows that the disclosure of that fact would correct a mistake of the other party as to a basic assumption on which that party is making the contract; and (3) nondisclosure of the fact amounts to a failure to act in good faith and in accordance with reasonable standards of fair dealing† (Mann and Roberts 211-212). There is material false representation in the movie since all the information Seth told Harry were not based on any factual assertion but were just fabrications made by JT Marlin . Based on these representations, people bought the shares he offered. In fact, despite