Wednesday, July 31, 2019

Data Base

†¢Review and describe the most important criteria for selecting internetworking devices at the core, access, and distribution layer in a computer network †¢ †¢The most important criteria for selecting internetworking devices includes; processing speed, reputation and viability of the vendor, ease of configuration, number of ports, support for security standards such as WPA or 802. 1i, ability to tune the transmit power, support for QoS features, amount of memory†¦etc. †¢ †¢ Describe the key criteria involved in selecting WAN technologies and WAN providers. Discuss which criteria is the most important from your perspective and state why. The criteria used to evaluate and select a WAN provider will vary from company to company. While cost may be the most important factor for one company, reliability may be the deciding factor for another.Enterprises should choose a WAN provider based on the criteria that are most important to them include the extent of ser vices and technologies offered by the provider, the geographical area covered by the provider, best network access for each application flow, maximizing application performance, continuity and network usage, takes into account the end-to-end characteristics of each available network (quality and bandwidth) to decide in real time the best access for each application flow quality parameters like network delay, jitter and loss, as well as the available bandwidth.Evaluated in real-time, these criteria are weighted according to the type of application flow: voice will usually look for the fastest path while email may prefer the largest one.

Tuesday, July 30, 2019

Reasons for Implementing Basel III and Its Costs Essay

The global financial crisis (GFC) was a painful wound that marked the twentieth century. It was the greatest crisis the humanity has witnessed since 1930 (the great depression). It first started in the United States and spread then to the entire world and caused a considerable slowdown in most developed countries and has affected the financial markets and the growth prospects in developing countries. It is called the doubled jeopardy crisis as it spread rapidly with a contagious effect to the other countries of the world. Despite the efforts exerted by governments and central banks to rescue the economy from this huge recession through aggressive fiscal and monetary policies, demand in the macroeconomic level dropped. This huge crisis wasn’t the result of a person’s mistake but it was the result of cumulative effect of poor regulations from the financial institutions and from central banks, unregulated hedge funds, multilayered mortgages and the overrating by the credit firms. It first started by the bankruptcy of Lehman Brothers in September 2008 due to the large losses they sustained on the US subprime mortgage market and was followed by the failure of the seventeen largest banks in the US â€Å"the too big to fail† and six hundred other banks in the US. The federal bank was urged to rescue the too big to fail as their failure would have destroyed the whole world economy. The strong interconnectedness between the world countries through the stock market, foreign exchange and international trade led to a contagious crisis in the other countries. Houses prices in USA collapsed with a loss of $2. 4 trillion during eight months hitting the balance sheets of banks exposed to the housing sector, which affected the entire US financial sector, and then, in turn, other developed and developing countries. A sharp decrease in the international trade and in the international stock markets by 50% to 75% from their peaks occurred which resulted in a decrease in the rate of investment and an increase in the rate of unemployment. The USA lost equities worth $16. 2 trillion in 2008. Investment banks collapsed and the IMF began to support countries such as Hungary, Iceland and Ukraine. However the impact of the crisis on developing countries varied depending on their direct or indirect trade links to crisis affected countries. Although governors claim that the global financial crisis didn’t affect Egypt, we discovered that it affected the emerging markets heavily as exports and capital flow have been lower than expected. The real GDP growth of the emerging economies fell from 8. 3% in 2007 to 6. 1% in 2008 and just 2. 4% in 2009. As we can see in the graph, Egypt’s GDP has witnessed a drop of 2. 5% after the global financial crisis. Also the weak financial systems of the emerging markets will take years and years to restore and fewer funds would be available for investment and innovation. In addition the aid that these countries used to get from the large donors set to fall as well as exports who decreased by 20% which explains the decrease of the GDP. This financial crisis is not a shock that damaged banks and financial institutions but actually it damaged many people’s lives. Although the worst of it appeared to happen in the past, its effects are sustainable and long lasting. Employment rate decreased sharply which reflected in an increase in the percentage of people living under the poverty line. Around 120 million people are living on less than $2 a day and 89 million more on less than $1. 25 a day. Same scenario applies for Egypt; we can see in the graph that the unemployment rose from 8. 9% in 2007 to 9. 4% in 2009. This high poverty rate led to higher mortality rates, higher number of depressed and ill people. Another result of this high unemployment rate is a decrease in consumption, businesses will downsize and more unemployed people will be. It is a vicious cycle of recession. That’s why World Bank and financial institutions are urged to find ways out of this crisis and to create stable financial systems that protect the humanity from such disasters. To avoid a reoccurrence of a financial crisis with that expansion and to protect the human beings from its withdrawals the committee of Basel decided to reform the Basel II and to upgrade it to a stricter system with more regulations on the market. Basel committee consists of a group of banks representatives that meet once every three months to enhance the efficiency of the banking sector in a fair and consistent framework. They started by drafting Basel I in 1988, then upgraded it to a more sophisticated one in 2006 and finally drafted Basel III in 2011. This latter is our concern in this term paper. Basel committee on banking supervision and the financial stability board, which consists of 29 members: 2 non-voting and 27 voting, tailored Basel III accord. All through 2008 and 2009 they studied and design the Basel III requirement and revised it through extensive consultation over the year 2010. After the global financial crisis and after feeling its huge negative impacts on people lives, the implementation of Basel accord III became mandatory and the country that wont abide by it won’t have access to loans nor from large donors nations, nor from commercial banks, nor from IMF and World Bank. Also these countries won’t be allowed to issue any foreign derivatives. By the year 2013 each country should be ready to start implementing Basel III requirement and meeting them on 2019. The Basel Committee designed some requirements to be met in order to raise the flexibility of the banking sector and improve its ability to absorb shocks by strengthening the regulatory capital framework, building on the three pillars of the Basel II framework. Basel III mainly consists of raising the quality and level of the capital base, to enhance risk capture and to contain excessive leverage and to introduce new liquidity standards for the global banking system. Basel III consists of an upgrading for the three pillars of Basel II. The first pillar consists of enhancing the minimum capital and liquidity framework. Banks’ risk exposures should be backed up by a high quality capital base and avoid overrated capital. Concerning capital management, banks are asked to have a minimum of 4. 5% common stocks of their risk-weighted assets (RWA) to ensure that they can absorb risks better, they should also raise their new capital conservation to 2. % of RWA to cover any unanticipated risks and a countercyclical buffer of 0% to 2. 5% by the January 2019. Banks should enhance their risk coverage by strengthening the capital requirements for counterparty credit exposures arising from banks’ derivatives, repo and securities financing activities. These reforms will help reduce systemic risk across the financial system and they provide incentives to strengthen the risk management of counterparty credit exposures. After the global financial cris is, the importance of conserving a countercyclical buffer rose. That’s why Basel III accounts for crisis by conserving capital to build buffers for individual banks and the banking sector that can be used in stress and serve as a shock absorber instead of transmitter of risk to the financial system and the broader economy. During the financial crisis, a number of banks continued to make large distributions of dividend as a way to reassure investors although the sector was deteriorating which made individual banks and the sector as a whole weaker. That’s why Basel III introduced a framework that gives supervisors stronger tools to promote capital conservation in the banking sector. Also a leverage ratio requirement is introduced in order to limit leverage in the banking sector and help it to mitigate the risk of deleveraging process that can be harmful to the economy. The second part of the first pillar basically consists of developing two minimum standards for funding liquidity. The first is the liquidity coverage ratio, which promotes the availability of sufficient high quality liquid assets for one-month survival in case of a stress scenario. Banks will cover these liquidity need through tier 1 assets which comprise of cash, central bank reserves and high- quality sovereign debt, and tier 2 assets which consists of high-quality corporate and covered bonds, with min AA- credit-rating and non-zero-risk-weighted sovereign debt. The second is the net stable funding ratio (NSFR) which aims limit over-reliance on short term funding and encourage banks to fund their activities through longer term with a minimum of a year of stable sources of funding on an ongoing structural basis. The NSFR should be covered first through tier 1 which is capital and liabilities with effective maturity of one year or longer (corporate), tier 2 which consists of capital and liabilities with effective maturity of one year or longer (non corporate), stable deposits of retailers and small business customers and finally through wholesalers who are the less unstable source of funding. Pillar two that should be followed by banks consists of enhanced supervisory review process for firm wide risk management and capital planning. Central banks are required to draft a code of governance for their banks and make sure that they abide by this code, that there is a total separation between management and ownership and they should also put a cap for the executives’ remuneration. Finally pillar three requires some disclosure requirements from banks to help improve transparency of regulatory capital and improve market discipline. A full settlement of all regulatory capital elements should be backed to the balance sheet in the audited financial statements. These are basically the requirement of Basel III. Each country’s banks should show a complete abidance by its requirements by 2019. However these changes will cost countries a deer price. Although the implementation of Basel III will protect the banking system from default and will enhance its efficiency, it will cost the global economy a deer price. We will first discuss the cost of Basel III implementation on the developed nations then on Egypt as a developing country. For the G3 â€Å"United States, Euro Area and Japan†, the implementation of Basel III would subtract an annual average of 0. 3 percentage points from their growth path over the full ten-year period (2011-2020). According to the size and the significance of the banking system relative to the economy and the extent to which they will need to adjust to meet the new requirements of Basel III, the Euro Area will be hit the hardest and the Japan the least. Especially during the transition period (2011-2013), there would be an indirect slow down in the employment resulting from the lower GDP growth. First, although the US banking system recovered rapidly after the financial crisis phase in the middle of 2007, the crisis created a considerable increase in its liquidity and capital ratios. To perform the changes in regulation, the US liquid asset ratio should be increased to 22% in 2012, maintained at that level through 2013, and trimmed steadily back to 18% thereafter. To abide by Basel III requirement this will cost the banking sector net interest margin to be squeezed (a decrease in ROE from 12% to 10. 4% in 2020) which will be reflected in a higher lending rate and as a result a lower demand for bank credit, which will accordingly affect the investment, business will downsize, GDP will decrease and employment as well. A heavy price for this regulatory change will be paid which is an increase in the number of unemployed people by 4. 6 million by 2015. Also the US should abide by NSFR requirement by greater reliance on longer-term wholesale funding rather than short-term. Second, the Euro Zone, the largest banking system in the world with a total asset of â‚ ¬31. 1 trillion at the end of 2009, will incur huge costs by implementing Basel III. By applying Basel III requirements the nominal GDP of the Euro Zone will end up about â‚ ¬853 billion lower by 2020 with a cumulative loss of 4. 5% of the average annual GDP growth. As a result the Euro Zone will have about 4. 8 million less jobs being created over the coming years. All these compulsory restraints on the banks are enough to keep the economy in a recession over the year 2014. This implies a loss in the nominal income and consequently a loss in tax revenue about â‚ ¬300 billion (3% of GDP). In addition, when banks boost their holdings of liquid assets and improve their risk weighted capital ratios, this means that they will favor banks lending to governments, which will cause a greater allocation of bank lending toward governments, and crowds out lending to the private sector. Besides, Basel III proposal will have a negative twist to bank credit flows to Emerging Europe (OECD2) in the years ahead as lending them will incur more charges allocated to credit and because maintaining operations in Emerging Europe would become more and more expensive. The third developed country is Japan which will suffer the less from applying these regulatory changes this is because Japan’s banking system stood relatively stable through crisis and the disorder in the Japanese money market was minimal compared to others as they learnt from their crisis of 1980s. The regulatory measures that the Japanese took in the last decade would serve as a good road map for applying Basel III. According to Basel III the Japanese banks should increase their capital by issuing extra ? 15 trillion of Tier 1 (common) equity during the five coming years, but they will face a problem which is that Japanese investors prefer buying debt instruments rather than equity and also the low profitability of Japanese banks makes the issuance of more common stocks unattractive to them. This means that banks would pay a high cost, as they will be forced to cut their balance sheets and downside deflation risks. Banks will also impose higher fees, require additional costs for financial operations, and they may as well reduce their size and their balance sheets by reducing repos, loans, trading assets and securities, which will affect pricing negatively. In addition, the Japanese economy will be negatively affected, as their average cumulative annual growth would decrease by 1. 5% by 2020 and their number of unemployed people will increase. The cost of Basel III implementation will be multiplied by the effect of the weaker growth in credit and nominal income that will consequently weaken tax revenue (loss of 0. 6% of GDP) and compound the Japanese government’s budget deficit and debt difficulties and will deepen deflation risk in Japan as well. Although Japan is the least country affected by this regulatory changes but the price they will pay seem to be price significant especially for an economy where the banking system did not perform poorly through the recent crisis, or reveal itself to be a source of global systemic risk. Not only developed countries will incur the costs of Basel III but also developing countries will do as well including Egypt. Most emerging market banking system are going to incur lower costs than mature markets that’s because their banking systems are well capitalized and maintain ratios of regulatory capital to risk-weighted assets well above the current 8% minimum of the Basel II requirements. Egypt exceeded the minimum capital requirements of Basel II (8% of RWA), as its capital requirement was 11. % of RWA, which may help it to have an easier time to abide by Basel III. That’s why an increase in the minimum requirement of two percentage points, to 10% of risk- weighted assets would not appear to be a significant burden on the Egyptian banking systems that is currently quite well capitalized. However a price should also be paid by the Egyptian banking system, as it has to increase it common stock from 3. 6% of RWA to 4. 5% of RWA which means that investors will get a lower return in comparison their high risk (lower profit by share). As the majority of banks won’t be able to issue more capital, they will be obliged to decrease their RWA by having less banking services, by downsizing their branches, reducing their assets, decreasing their lending and imposing higher fees. Also Egypt will be challenged to meet the net stable funding rule requirements (NSFR), which may lead to an increase in its banks’ overall funding costs. Besides, the potential application of a leverage ratio to off-balance sheet assets such as letters of credit and guarantee for small and medium- sized enterprises and trade finance instruments could have a penalizing effect. Moreover, because Egypt has unstable economic conditions it needs to increase its countercyclical buffer from 0% to 2. 5% of RWA in order to account for any recession and it needs to raise its new conservation buffer from 0% to 2. 5% of RWA. These figures mean that Egypt would be obliged to raise its total capital by around 3. 5% of RWA in additional capital which will reflect in a decrease of Egypt’s GDP by 6% over 2013 to 2019. Egypt will incur an additional cost of Basel III because of the compounded effects generated by the indirect effects of Basel III application. Lending to emerging markets such as Egypt became a costly job for mature markets economies (lending to NON OECD costs 50% risk), which may result in a shortage of Egypt’s liquidity and indirectly inflation pressure would be untamable for food prices. Unfortunately, I have to say that after the glamorous revolution of the 25th of January Egypt’s costs of implementing Basel III will dramatically increase. Because the revolution resulted in a decrease in the Egyptian GDP y 6% in few months, the central bank is using aggressive monetary policy to increase consumption by â€Å"increasing lending† which will consequently cause a higher RWA and will put Egypt in a deeper trouble to apply Basel III requirements. Egypt will pay a triple cost, first the above stated costs of Basel III implementation, then the indirect costs caused by the mature markets who will decrease their lending to Egypt and finally the cost of the revolution that lowered our credit rating from a BB- to BBB+ (junk) which will increase our cost of borrowing from other nations. In my own opinion, Egyptians should wake up, stop riding and start building their economy by hard work, which should be reflected in a high productivity rate that allows firms to increase their sizes instead of downsizing and generating job opportunities. I think the central bank of Egypt (CBE) should start by giving all its attention to solve the current crisis and should seek the Basel committee and beg them to giving Egypt a larger period of implementation in order to be able to meet their requirements. To restructure the current situation of Egypt, the CBE should start by seeking a source of funding in order to satisfy the basic human needs of food and shelter. The CBE could seek the IMF and large donors and urge them to take long term loans in order to rescue the current situation and avoid hunger. Another way to raise funding is to issue bonds in the stock market (unconventional monetary policy tool). This way CBE could obtain some necessary liquidity to import the needed food and to pump more money in the market to create a money illusion so that people start spending. Second, the CBE should start solving the real problem of the Egyptians, which is poor income distribution by giving higher return for post office depositors and by extending their loans. Another way to have a better redistribution of wealth is to enhance the SMES to enlarge their investment and open up new job opportunities by enhancing commercial banks to lend them with low credit rate. I personally think that pumping money in the hand of poor people, although it is a costly process to raise salaries, but it is a rewarding one as the poor population is the one that will use the increase in wealth in consumption rather than savings and hence increase GDP growth. On the long run, after stability takes place in Egypt, huge reforms will be needed in order to rebuild the Egyptian economic system. A decrease in the inflation rate would be recommended. Ã' CBE could use its two conventional monetary olicy tools, which are to decrease the discount rate and the LRR to encourage banks to give loans with lower interest rates, and to minimize the inflation rise hence enhancing consumption and increasing investment and as a result a rise in the GDP will take place. Using aggressive monetary policy can help alleviate the current situation but only a fundamental reform of the educational system, and an efficient allocation of resources would help Egypt to take place among developed countries one day. Egypt is a country with rich resources and with a high labor force that if used efficiently could form a developed nation.

Monday, July 29, 2019

Effectiveness of the Leadership Styles at Wal-Mart Coursework

Effectiveness of the Leadership Styles at Wal-Mart - Coursework Example Paternalistic and Democratic are flexible style of leadership and they are being used by Wal-Mart since many years. Wal-Mart takes care of its employees by practicing the paternalistic style of leadership. Wal-Mart tries to supply concern for their employees and in return they gain trust and loyalty of the staff. Through democratic leadership Wal-Mart gives the decision making power to the employees, which promotes the interest of the employees towards the betterment of the organization. However Wal-Mart does not seem keen to practice laissez-faire leadership style, as it wants to restricts the decision making power of the employees. The transactional leadership style is however used by Wal-Mart at times when the find the emotional level of the employees low (5 Different Leadership Styles That All Work!, 2011). The most common and effective leadership style that is being used by Unilever is the transactional style of leadership, which is based on providing materialistic and psychological rewards to the employees on their good performance and also to keep them motivated. This style of leadership is being used through the entire organization. The leaders analyze the cause of the poor performance of the employees and then take corrective actions. The end result of this leadership style have been effective for Unilever, as it helps them reach goal setting, maturity, increase productivity and efficiency of operations. Other leadership styles such as transformational and laissez-faire have not been quite successful at Unilever. However paternalistic and democratic leadership styles have been effective for gaining the trust of the employees and keeping them devoted towards the organization.

Sunday, July 28, 2019

Health Policy Analysis Assignment Example | Topics and Well Written Essays - 1000 words

Health Policy Analysis - Assignment Example The options I would propose, which would be suitable for your campaign, are as such: This move leads toward covering a large number of people, as a universal coverage is far from practical given the level of private medical care. The current system of care adheres to giving care to anyone with emergency conditions. However, in reality only those with health care plans are taken care of, while those without any are taken care of at later stages (Teisberg). This could be backed up using government funding, although other options could be used such as a national insurance, which is used in the United Kingdom. Wider coverage for all would lead to more people being taken care off. Employers would not have to worry about covering their employees, since the government would now be able to cover their employee’s health plans. Would be expensive to maintain at this point, considering that unemployment is a major issue within the current economy. Even considering a national insurance scheme would mean that employees would have to pay national insurance, and this would not be welcomed by those who are earning. This would include opening clinics and having them subsidized to encourage them to survive in the long run. The process would need a bit of funding at the start to cover initial costs, after which these clinics would pay back after a certain period of time. If after a certain period, say two years, a clinic is still unable to pay its debts, then the amount would be waivered. The affluent families could assist in furthering this option. This option would also lead small clinics to, in some way, compete against the larger medical organizations, leading to a more capitalized economy. This would, in effect, eventually force prices for health care to drive downwards, and therefore also have a favorable impact upon the insurance coverage mentioned in the earlier option. This could prove extremely useful for women in labor. The initial

Saturday, July 27, 2019

To analyze the production of M. Butterfly and how it represents Asia Essay

To analyze the production of M. Butterfly and how it represents Asia through the story, scenic design, costume design, movement, sound, and lights - Essay Example M Butterfly play is one of the most popular plays and which was a highly applauded Asian American plays during the late 20th century. The importance of this play and the new visibility of Asian American theater reveal the growing attention given to cultural, political and intellectual issues. The intellectual issue includes ethnicity, gender, race, and sexualities (David pg. 12). The main strategies of understanding the play depend on the background of political histories between North America, China and Europe as well as on the cultural political of Orientalism. Critical reading of M butterfly varies from debates over the re3prewsentation of sexualities and ethnicity, theories of performance, politics of Orientalism, and the notion of the masquerade. This paper intends to look at how M. Butterfly represents Asia through several things. The image of a woman of Asia as both dangerous and sensual is important. The clash in this combination of need for fear of Oriental women gives some light on the manner in which inter-racial relationship get viewed in America (David pg 24). The plot of an Inter-racial romance that is seen in this play about a European American mans fateful love affair with a lady from another culture and race, almost ended in the nonwhite tragic pregnancy of a woman or her final sacrifice. It depicts the best of the two worlds like Gina Machetti states while apparently confirming a complete separation of the races; it also gives way for the possibility of assimilation through adopting mixed-raced child. This kind of unfortunate love between white men and Asian women becomes an efficient cultural means of accepting the interracial relationships; it is a method that emphasizes the splendor of love as an ideology and, concurrently, introduces the transitory and the tragic nature of inter-racial love. T he symbol of Butterfly serves well the cultural trends of her time: she reflects the persistent fantasy on the submissive,

Friday, July 26, 2019

Business Management (Social Responsibility and Ethics ) Essay

Business Management (Social Responsibility and Ethics ) - Essay Example As a result, several business ethics theories have been developed. It is worth noting that accurate guidance of ethical principles is quite fundamental if business ethics is to comprise of a substantive discipline (Green 2004). The quest for such business ethics principles has given birth to a number of theories which have been tailored to suit the business environment. For the purpose of this paper, only two of these theories will be discussed. In addition, this paper will provide a basic definition of corporate stakeholder groups as well as corporate social responsibility and thereafter, the paper will describe how the relationship between a corporation and at least two of its stakeholder groups can be managed through corporate social responsibility activities. The paper will also anticipate some potential conflicts which might occur in the process of management. Business management has undoubtedly taken a new shape due to stiff competition in the business field. Business management generally involves getting all the concerned individuals together to bring about desired business goals and objectives. In basic terms, business management consist of planning, organizing staffing as well as directing a group of persons with an aim of accomplishing the desired goals of a business. Due to the undying quest for corporations to compete effectively and gain high rates of return, Corporate Social Responsibility (CSR) is becoming an essential or else a fundamental activity to businesses globally. Now that the world is increasingly becoming a global village and large business organisations serve as global providers, they (corporations) are increasingly acknowledging the benefits of making available Corporate Social Responsibility programs in their every division of the organisation. It is quite worthwhile to note that there is an increasing recognition of the immense contribution of the private sector on the society. The

Analyis Essay Example | Topics and Well Written Essays - 1000 words

Analyis - Essay Example His tempers during the play make him so bitter and emotional making him do and say things without thinking of the consequences. Hamlet’s father’s death is the reason behind him acting all crazy and angry. He is planning to revenge for the death of his father, so his acting crazy is actually part of the plan. However, his antic disposition leads him into making very insane decisions, which may prevent him from administering his initial plan. As he is making sure he makes it believable that he is mad, some of his actions mess up his plans, and he has to work towards making it possible. After the death of King Hamlet, his father, he immediately starts acting all crazy. This was also powered by the fact that Hamlet did not get a chance to mourn his father. He was supposed to accept the news and carry on with life. Hamlet could not come into terms with the fact that his father was dead, and it seemed so fine. He was actually not allowed to mourn at all. His mother and uncle would say heartbreaking things to him, and this would make him feel so bad. His Uncle Claudius then married his mother and they carried on with life so well like nothing had happened. These events happen so fast and Hamlet cannot really understand why his father died, and why his mother moved on so fast with no pain of loss. He is therefore distracted from that moment and starts his antic disposition. ... He even threatens Marcellus and Horatio that he will kill them if they do not let him go. They finally agree to let him leave but follow him closely. The ghost seen by Hamlet is the first thing that proves his insanity through his antic disposition. Hamlet decides to follow the ghost to wherever he will be led to; ignoring the fact that he can be exposing himself to great danger. Hamlet’s antic disposition starts to practically control his mind when he decides to follow the ghost. He does not realize that he is risking his life by doing that, and this shows that he is actually going mad. It could be impossible for Hamlet to follow the ghost without realizing the risk if he was sane. This action thus marks the beginning of a series of events that are controlled by his antic disposition, which could lead to actual insanity. According to Marcellus, the appearance of the ghost meant that there was something very wrong with the state of Denmark. It meant that the worst was about to happen. Hamlet’s antic disposition would not allow his mind to think straight and figure out why the ghost was there. Instead, he was so curious, anxious and eager to finding out what the ghost had to say. In that case, Hamlet did not prepare himself for what would become of the ghost’s visit. A lady by the name Ophelia was the love target for Hamlet. He showed love to her and spent as much time with her as he could. He would assure her of his love towards her and give her promises. Ophelia was so excited by the fact that the prince of Denmark loved her. She was always there for him, to listen to and make him happy. She was fully convinced that Hamlet was in love with her, but later her father and brother told

Thursday, July 25, 2019

Global Governance and the United Nations System Assignment - 8

Global Governance and the United Nations System - Assignment Example The United Nations overall goal is to ensure that world solutions are solved wisely to avoid problems that arise from the negligence and are united in ensuring that the world becomes a better place. Therefore, it is said that the main goal of the United Nation is a better world. Â  In its goals, the United Nation has received various successes and failures. Some of its successes include preventing conflicts such as world war happenings. It has ensured that the world is nuclear free (Rittberger, 50). It has ensured peace to prevail globally by carrying out many peace missions in Africa, it has ensured that peacekeeping operations and the displaced people are their main core issues. Â  Some of the failures that it has come across are that it has never been able to identify the democratic aspiration of the world. It resulted in the withdrawal of the US president to try to solve the domestic flights within regions in Afghanistan (Rittberger, 52). On the other hand, this did not result to be the effective way of solving the conflicts and thus, are still working.

Wednesday, July 24, 2019

The Law Of The Contract Essay Example | Topics and Well Written Essays - 1500 words

The Law Of The Contract - Essay Example Owing to this delay and damages, the firm suffered losses for not being able to complete the job in time. Dodgy Developers then decided to holdback payments of bills and in addition intended to claim losses from the supplier. In reply, Office Supplies asked for full payment and indicated that reimbursement of any losses is not a binding as per their 'Terms & Conditions 'of contract which state as below: Following these developments, Dodgy Developers desired to seek expert advises on the applicability of the above clause in particular. The following sections attempt to analyze and assess the situation for Dodgy Developers under the ambit of the 'English Contract Law' and advice appropriate line of action. required goods. The supplier or trader is 'Office Supplies' who further appointed an independent agent called 'Shifty Shifters' for transporting and delivering goods (workstations) to the buyer. The urgency of the project required Dodgy developers to call on their known supplier (had earlier business relations) 'Office Supplies' for supply of required workstations positively by 28th November. Office Supplies promptly expressed their acceptance by sending standard 'Terms & Conditions' of contracts. Under these circumstances this is a combination of oral and written contract and as both the supplier and buyer intended to conduct business, it is a valid contract [2]. The point here is that this is more of a unilateral contract on the supplier's terms and conditions and here 'time is the essence of contract' [3]. Another important point is that the supplier and purchaser having done such business before, are known to each other and under the eye of the law this is undoubtedly a "special relationship" validating the 'duty of care' [4] where both parties are required to proceed with a caring attitude of business dealings (For example see-Hedley Byrne & Co v Heller and Partners (1964). Here, the buyer was only prudent to rely on Office Supplies, his special sourcing point as he did on many previous occasions and under this condition the supplier is also expected, though not compulsorily, to extend a mutually risk-free and friendly term of contract. Esthetically, trust should not be responded by mistrust or by any terms protecting or camouflaging negligent conduct. The Applicable Laws & Legislations The principal laws governing contract in the UK are- the sale of goods Act, 1979, the supply of goods and services Act, 1982, Unfair contract terms Act, 1977 and the Unfair Terms in consumer contracts Regulations, 1994 [1]. However, in case of business-contract (as in this case), the supplier and the buyer can mutually and knowingly declare to impose some restriction clauses or provisions as 'Terms and Conditions' of contracts. Importantly, a trader dealing with a consumer, or dealing with any customer on his own written standard terms of business, cannot exclude or restrict his liability for breach of contract or allow himself to provide an inadequate service unless he can show that the clause satisfies the "test of reasonableness" [5]. Thus, even tough the case is legal; the supplier may not breach any common law duty in the form of protection clauses or terms and conditi

Tuesday, July 23, 2019

Network design paper Coursework Example | Topics and Well Written Essays - 1000 words

Network design paper - Coursework Example RIP is nominated by IETF as one of various other Interior Gateway Protocols (IGPs). RIP works on distance learning vector algorithms while most of other protocols use sophisticated algorithms demanding time as well. (Dean, 2010, p. 274-275) RIP’s routing procedure is that its gateway router transmits complete information of routing table (that includes all the connected hops that are known to the gateway) to its nearest host after every 30 seconds. The neighboring router than pass the same information to its nearest neighbor other than from which it had received this information and process continues until every routers in the network has similar information of the routing paths. This condition is what we called network convergence. For determining distance of the network RIP uses process called hop count. Every hop in the network determines its neighboring hop(s) from routing table information for sending a packet to for a particular destination. Advantages of using RIP in th e network are: For small homogeneous networks RIP is considered as an effective solution. RIP is very easy to understand and configuring. It can be configured on all the routers present. Generally RIP is a loop free routing protocol but has limited scalability of around 15 hop maximum. Introduction to OSPF: Open Shortest Path First (OSPF) is a routing protocol implemented within large autonomous networks. OSPF is nominated by IETF as one of various other Interior Gateway Protocols (IGPs). In a network where OSPF is used, if a router that receives a change in the routing table or identifies a modification in the network without delay multicasts this change information to every other host connected in the network with the intention that every host may have the similar information in the routing table. It only transmits the change that has occurred, not the entire routing table like RIP. It is a robust link-state routing protocol and is the most widely used Interior Gateway Protocol (I GP). It bases information on link-states that take additional network description into consideration. OSPF have functionality of prioritizing the path by assigning metric value to that path. For further dividing the subnets OSPF supports a variable network subnet mask. Advantages of using OSPF in the network are: Quickly responds to the network changes. Sends trigger updates when change occurs in the network. Use cost as metric for giving preference to the paths. It has protocol identifier of 89 in the IP address for OSPF packet identification. Summarizing the solution: As being the administrator of the company and as per the details given to me I know that my network running is RIP on it and has three networks while the merging company has one OSPF running network that means RIP networks outnumber the OSPF network so I do not prefer to change anything on my own network. For example if someone is the administrator of Windows server based sites and a new company is merging having Lin ux operating system. Although everyone knows that Linux has more advantages than windows but still would not feel easy to change my operating system. If to choose change than should also keep in mind that new Service-Level-Agreements, new suppliers, new business processes, new interfaces, etc and staff training as well. Why to this everything is running smoothly already. Our solution could have been a different if and

Monday, July 22, 2019

Characters in your answer Essay Example for Free

Characters in your answer Essay Nearer the end of the book, he deals with another situation he faces in a very childish, careless manner, showing that he just wants it over with as soon as possible, and that he doesnt really care about what is happening, just about himself and his reputation. TJ is about to be hung on Granger Land, by the nightmen for shooting Jim Lee Barnett, and instead of stopping them from murdering TJ, Mr Granger simply says they have to do it on someone elses land. Mr. Granger sent word by me that he aint gonna stand for no hanging on his place. He say yall touch one hair on that boys head while he on this land, hes gonna hold every man here responsible. However eventually Harlan Granger does stop the hanging, to deal with a different difficulty that he is faced with, but his only true motives for this are because the Logan land is on fire and firstly he wants the land, and secondly he doesnt want the fire to spread and destroy his own land. Dry as that timber is, a fire catch hold it wont stop burning for a week. Give that boy to Wade like he wants and get on up there! All in all, Harlan Grangers ways of dealing with difficulties and situations that he is faced with are not well thought out, and he only deals with them out of selfishness, or for his own reasons rather than to help others. Papa is an adult like Harlan Granger, but he too has different ways of dealing with difficulties and situations that he is faced with. Papa deals with things he more logical way. He shows braveness, and philanthropy throughout the novel, dealing with things in a way that will benefit others more than himself, if not solely for others. At the end of the book, when TJ is in trouble, Papa shows the best signs of doing all he can to help others. Even though the Logans are not well off, Papa sets fire to their cotton field, in order to distract the nightmen from hanging TJ, because he knows that they will come and try to put it out. This results in uniting the community. Papa stared out as a bolt of lightning splintered the night into a dazzling brilliance. He is clever, because like Cassie, he plans the situation before he goes through with it, working out how he can make the fire look accidental, realising that the lightning could have struck. He doesnt tell a soul or admit to it, so that no harm can come to him. folks thinkin that lightning struck that fence of yours and started the fire Its better, I think that you stay clear of this whole thing now David Or somebody might start wondering about that fire For his final difficulty, Papa is faced with his four children asking what will become of their friend, TJ. He doesnt lie to them, and yet he doesnt directly answer their question when they ask if TJ could die, so he is not hurting them but they still know. I aint never lied to yall, yall know that. Well, I I wish I could lie to yall now. To sum up Papas character, he is very much like his daughter, calculating, clever, and planning everything, but he is much wiser, and doesnt act childish. His actions usually result in helping other people, they rarely hurt people unnecessarily. He is very unlike Harlan Granger, because he doesnt have his own private agenda. Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Mildred Taylor section.