How to Write a Discussion Essay Comprehensive Guide

Are you having a hard time writing your essay? Are you seeking a reliable writing service to help you write your discussion essay? Well, your search is over. We have a team of experts ready to fulfill all your writing needs. This is the ultimate guide to change your essay writing for the better. It is time you reinvented essay writing. To ace this kind of essay, you have to think critically. This, of course, proves to be hard sometimes. It may also be possible that you are new to this type of essays and have no clue where to start. Our expert writers dedicated the time and experience to prepare guidelines to help you write the best discussion essay. We believe that after going through these guidelines, your writing will change for the better. Experts Explain: What is Discussion Essay? Discussion essays are the ones that require you to look at both sides of a particular situation and conclude by taking one side. Discussion essay can also be called for and against essays. Its meaning can be derived easily from the word ‘discuss,’ meaning how two people can talk about a similar topic but have different views on the issue at hand. The Ultimate Guideline – How to Write a Good Discussion Essay Basically, a discussion is knowledgeable deliberation. A compelling discussion essay should have a tactful debate. It should consider all points of view in order for it to result in a balanced paper. These essays provide points surrounding a given topic, mostly a debatable and arguable one. A discussion essay needs to look at different sides of the chosen topic and exhaust all the points of view. A reader should be able to understand all sides of the topic before a final opinion is given. A good writer should conduct adequate research and back up claims with substantial evidence showing the different views on the topic. Effective Essays – How to Structure a Discussion Essay A discussion essay structure plays a vital role when putting together an essay. Our experts researched and compiled a list of the best tips for structuring your essay. These include: Discussion essay papers vary in length and subject, but their structure is similar to some degree. The thesis statement, general statements and the position of the author are typically put in the introduction of this kind of essay. If you are looking to have a decent essay, all these must be included in your introduction and must be interesting and appealing to the reader. You may also include relevant definitions of the complexities in your introduction. The paragraphs of the body will explain the argument further, stating the relevant points and backing them up with evidence. The argument should look at all points of view. A proper conclusion should have a summary of the key Show what side you support based on your thoughts and the critical points in your essay. Tips and Tricks on How to Start a Discussion Essay The first thing you need to do before you start working on your essay is look for a suitable essay topic. Choose a topic that interests you because this will make it easier for you to write and have a constant flow of ideas. As stated earlier, all discussion essay assignments need to discuss both sides of the main subject surrounding the discussion essay topic. This means that you should have undertaken relevant research and have substantial evidence to back up your statements. Professionals Describe How to Write a Discussion Essay Introduction An outstanding introduction is supposed to have all the relevant issues that affect your topic at hand. While doing this, your intro should also set a good preview for the main body of your essay. It is advisable to state any words or phrases that you might use in your body here. Your introduction should always bear the thesis statement of your essay. H2: How to Write Your Discussion Essay Body This is the major part of your discussion essay. You can divide your body into paragraphs according to the number of key points you have for your paper. You could also split it into two sections- one paragraph looking at the favorable part of the topic while the other looking at what is against it. The most convenient way to start is with the weakest point or argument. Then, build to your strongest ones so that any reader can follow your discussion and pattern of thoughts with ease. Making an Outstanding Discussion Essay Conclusion As you may already know, the conclusion is supposed to bring an ending to your essay and wrap up your argument on a topic. However, these are not the only things that need to be present in your conclusion. You could restate the thesis statement of your discussion essay and reveal your position on the topic. Always make your conclusion interesting so that your piece doesn’t look flat and boring. All our writers are professionals and have the experience to take care of any academic paper. Why toil anymore when you can relax as we do the essay for you. We understand the quality of work required from students today, the massive research that has to be undertaken plus the actual writing. Writing a discussion can be really frustrating, especially if you haven’t had any experience with it. We know that it may be the dream of every student to excel in academic writing without having to lift a finger. Well, if you are among them, then your dream just came true. Our primary goal is to provide top-rated papers at the most affordable prices for our customers. Why wait any longer? Purchase essay online today!

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A Risky Environment for Investment Essay Example | Topics and Well Written Essays - 500 words

A Risky Environment for Investment - Essay Example Moreover, lenders, shareholders, actions groups are putting more pressure on companies to disclose information with regards to business activities that impact on the environment so that these factors could be taken into account with investment decisions. A number of initiatives have been worked out to integrate sustainability and profitability. On a global level, the United Nations has been working with businesses and industries to make their activities more environmentally sustainable - among these are the UN Environment Programme (UNEP) including the UNEP Finance Initiative, and the UN Global Compact. A notable non-UN initiative is the Equator Principles developed by banks to manage environmental, social and corporate governance (ESG) issues. The launch of the UN Principles for Responsible Investment (PRI) in April 2006 was intended for pension funds (constituting about 35% of total global investments) and large institutional investors, and provides a "framework for achieving better and long-term investment returns and more sustainable markets". About 50 institutional investors from the US and Europe with a portfolio of about $4 trillion have signed on to PRI.

Management in the 21st Century Essay Example | Topics and Well Written Essays - 1250 words

Management in the 21st Century - Essay Example It is evident that this is after the interactions between the public, universities, students and the private employer organizations on the theme of employability. The principle of potentiality is now a comparative indicator for university performance. The principle is also used to compile university league tables as an obligatory dimension for the justification of higher education. This helps the HRM’s to have the ability to expand out of the organizational habitat into the wider social body.1 The enquiry into the HRM’s ethics is boosted as the expansion occurs due to dissemination of the system of ethical values to a new set of stakeholders. The ethical values are based on employment and the possibility of work as a fundamental part of the meaning of students’ whole personal lives. How the HRM handles the younger generations has revealed the dynamic formation of an ideal ethos of work in an environment the HRM is culturally free from its normal organizations and constrains. It is apparent that in the sphere of employability HRM is unrestricted by the formal context governing an employment contract. Jones says that there is need for the transformation of the category of ‘ethics’ into that of ‘ethos’ to investigate HRM’s ethical apparatus in this new domain.2 Employability discourses approach the relation between work and subjectivity very differently. The demands of mechanical uniformity cease to be replaced by new forms of address inciting the audience to a dynamic personal ethical engagement with work and self, instead of bureaucratic obedience to impersonal rules. The emphasis on individual potentiality leads to basic orientation towards work as an opportunity for self-perfection and self-realization. By understanding ethos as a dynamic principle then HRM’s ethics is no longer a matter of static systems of rules. It

Company stock profile Essay Example | Topics and Well Written Essays - 750 words

Company stock profile - Essay Example The success on foretelling harmful geological disasters aids in determining future contracts and payments. The second division includes the Division of Resources, which aids in the exploration and extraction of mineral, water and rock for profit. GEO updated its monetary report for the whole year of 2014 and issued a guidance report for investors towards the second quarter of the year. The organization expects its net income to rise from $1.78 to $1.86 per share. Secondly, it also anticipates the annual revenue to range between $i.60 billion and $ 1.62 billion. The enterprise also increased its Net Operation Income to an array of $452 million to $458 million. For the second part of the 2014 financial year, the total amount of diluted shares aims at increasing at a range of $55 million to $57 million. Additionally, the expected revenue for the second quarter of the year is bound to range between $404 and $409 million. The organization’s expenses are low contrast to the revenues making it gain profits rather than lose (The Geo Group 3). For the GeoHazard division, the department secured a number of insurance contracts in order to develop electronic monitoring devices that aid in the prediction of geological catastrophes. The step improved the company’s detection and mitigation skills allowing it to manage its future risks hence aiding in securing future contracts and payments. Furthermore, its ability to predict future occurrences enables it to facilitate its operation services. The Geo Energy Resource Division reports a return to profitability with a net profit of $0.1 million compared to a previous loss of $0.9 million experienced in 2013. The gross profit margin shows a gradual improvement compared to the year 2013 with an raise of $7.2 million, and the company expects an increase towards the second quarter of the year. Generally the profitability and performance levels of the

Cultural Differences In Interpersonal Relationships English Language Essay

Cultural Differences In Interpersonal Relationships English Language Essay What is your friendship style. It is probably different for each one of you and you all have your own friendship style as well. Friendship consist of mutual liking, trust, respect, tolerance, and often even love and acceptance under any conditions. They are established usually on the basis of similarities or common ground between the individuals. Friendship in real life may involve intimate touching between individuals. We can be a friend no matter what reasons. It does not matter where we from, which countries. Therefore, I would want to discuss about the difference between friendship styles with cultural background especially, cultural differences in interpersonal relationships. Many foreigner comers to the United States mention that people from US do not know what true friendship is. Americans seem very friendly at first time, but the friendships do not forward to another step. Americans are usually very friendly and kind to people eventhough they are not really close with, and they also being more generous in what others talk about than people are from many other countries. Because of this, it can be make someone to confuse who comes from a country where people are deserved first. It may seem like some difficulty to other people who from many other countries. 2 Case descriptions Steve and Yarer first met in their chemistry class at an American university. Yarer was a student from Jordan. He was excited to get to know an American; he wanted to learn more about American culture and hoped that he and Steve would become good friends. At first, Steve seemed very friendly. He always greeted Yarer warmly before class. Sometimes he offered to study with Yarer. He even invited Yarer to eat lunch with him. But after the semester was over, Steve seemed more distant. The two former classmates didnt see each other very much at school. One day Yarer decided to call Steve. Steve didnt seem very interested in talking to him. Yarer was hurt by Steves change of attitude. Steve said we were friends, Yarer complained. And I said friends forever. What was wrong in the relationship between Yarer and Steve? Are Americans fickle? Why did Yarer feel confused? Because he is an outsider to American culture, he doesnt understand the way Americans view friendship. Americans use the word friend in a very general way. They may call both acquaintances and close companions Friends. Americans have school friends, work friends, sports friends and neighbourhood friends. These friendships are based on common interests. When the shared activity ends, the friendship may fade. 3 Analysis and solutions of the case 3.1 Problems and underlying cultural differences As you can see this case, there is one big problem. Steve and Yarer they did not understand their cultural background. Understanding ones cultural background is not easy and simple. However, if you want to make effort to make a friend, you should know about his or her cultural differences. What is the most important point to considered an appropriate topic to discuss about with your friends from many other countires. Many international students said that they do not know how to make a good conversation with Americans and suffered from make a friend in US, because of a lack of understanding ones cultural factors like background information. People from different cultures have different organizations of interpersonal relationships and they have different expectations of people in the same category. As you know, Steve is from US. He seemed very friendly at first time, but it did not go for long relationship. So Yarer disappointed about Steves behave and he confused why Steve changed. From this case, we can find out what is American friendship style like. According to Cornell University international student and scholars office department, they mentioned that what is American friendship like. The American pattern shows typical Americans friendships are like they initially kind at first time because they do not really put any meaning to word friend. For instance, in US, word friend mean anything like many kinds of friend. There could be work friend, study friend, gym friend and so on. Therefore you do not have to put a big meaning to be a friend. Just try to get use to their friendship style because we all have other kinds of friendship style depends on what countries we are from. 3.2 Solutions and recommendations Your friendship and the way you look at friendships will be influenced by your culture. In cultures around the earth we observe friendship defined by the way people interact with each other, how they display their affection toward close and loving friends. But the word friend has different meanings in different countries. The misunderstanding about friend during intercultural communication sometimes may hurt ones feeling and cause in bad effects as well. Many international newcomers or students feel very disappointed that they do not know Americans well. Here are some advices: Even though you wish that Americans will invite you to come over and hang it out to get to know each other, do not take it seriously. They may not put any meaning of it. Just try to take it as a refuse to your request. Take the first step as make you to get close with them. Do not be frustrated to ask about certain thing that you need to know. talk with them with interesting topics. Such as talk about your country, cultural background and etc. They will interest to those topics because differences between culture factors always sounds fun. -Approach to them with your own friendship style. Do not frustrated to talk to them and shared your thinking. They will welcome what you think about them and care about them as well. If you want to be a good friend, just show them your true heart. It will bring out a trustworthy friendship to you If you think too much to make friend from many other countries, it will not forward to another steps to move on. You should act with confidence. And do not forget you should try to know other peoples cultural background. Also, you need to understand and respect their cultural background. 4 Conclusion The meaning of friendship may give everyone to interest but it also sort of difficult to describe. Communication style differences can also bring out misunderstandings about the other persons intentions and purpose. A main point to having successful intercultural relationship is establishing an effective relational culture. It is true that understanding ones cultural background is sort of difficult however; we should put our effort to make a good relationship with people from many other countries. If you want to maintain a good friendship with others, you should respect others first and approach to them with your true heart. People from many other countries may have different friendships between you have so we should prepare to comprehend others cultural fact and background information. Like any other friendship, intercultural friendships still hold a lot of uniqueness. In fact, friendship rules are individually negotiated so that no two friendships are alike. We create our own relat ional culture that determines whether we will be successful. 5 Literature http://www.silvaultramindsystem.com: The Silva Methods latest and most up to date program for training your intuition http://www.china-nafsa.aief-usa.org/chpter3.pdf http://www.friendship.com.au/ http://www.helium.com/knowledge/143177-what-is-friendship

Animal Farm: Importance of the Seven Commandments Essay -- George Orwe

Animal Farm: Seven Commandments Without law and order, it is nearly proven that civilization will fail. Because of this, Snowball saw it necessary to create a set of rules for the animals on the newly evolving farm, so came about the 7 Commandments. Unfortunately, but undoubtedly in the pigs’ advantage, most of the other animals did not know how to read or write. Because of this the other members of the farm had to bestow their trust and goodwill in the more educated of the animals. Little did they know that their innocence and their devotion to the farm as a whole would in the end lead to their demise. â€Å"The birds did not understand Snowball’s long words, but they accepted his explanation, and all the humbler animals set to work to learn the new maxim by heart. â€Å" As the story of Animal Farm progresses, the pigs take a leading role and find themselves hungry for power and suffering from a chronic case of ruthless greed. In due time, the once staple and communal 7 Commandments start to change to ‘accommodate’ the selfishness of the pigs, most prominently Napoleon. Shall we say Napoleon has a bit of a complex? Although all of the commandments originally acted as a bible, their importance is gone now and they have been modified to allow the pigs to be heartless in their ways. Three of these commandments jump out as to being the most important of the bunch. â€Å"Whatever goes upon two legs is an enemy.† This commandment is crucial in demonstrating the betrayal that the other farm animals experienced. This commandment it basically making the point that the animals are good and the humans are evil. In the end, the pigs did what they said they would never do, follow in the evil footsteps of the humans. As the changes on t... ...s and the story has come full circle. Unfortunately this is not uncommon in history. Once one person or group is given a small privilege, the power hunger is inevitable. Political corruption is defined as the use of governmental powers by government officials for illegitimate private gain. By completely altering and depleting the once almost sacred 7 Commandments, the pigs (Napoleon) have done a spotless job of creating and leading a politically corrupt society. The justice of all of the hardworking, devoted animals on the farm has been obstructed. In this case, the law and order of Animal Farm has been changed to the pig’s advantage and tragically, the other animals are oblivious to the fact until it’s too late. â€Å"The creatures outside looked from pig to man, and from man to pig, and from pig to man again, but already it was impossible to saw which was which.†

Evaluate the ways in which ideas were communicated to the audience Essay

Our central concepts and ideas for this piece were: Search for answers, desperation, fall of economy and society, fight for survival, obligatory ignorance. We wanted to communicate that in a downfall of the economy society will collapse; society needs money to survive, to be precise the human race needs things. Through this idea we wanted to show that once the financial system was taken away it came to down to survival of the fittest, people adapting to survive and breaking the taboo in order to do so. We also wanted to communicate that the protagonist was following his basic instincts to discover and learn, driven on a journey catalysed by the loss of his partner. As well as showing that there are often no answers, no matter how much effort and toil you are put through, we decided on showing how people can deal with what happens when they aren’t provided with what they want to know, that some people jump and take themselves out of the situation rather than having the weight of ignorance on their shoulders. Most of the members of the group were aware of these messages, but we made sure that every single one of us portrayed them through our performances to the best of our abilities so they could be carried across to the audience, even if they didn’t recognise them straight away. A few of these messages certainly did carry across but not to the extent we would have hoped. A lot of the younger members of the audience didn’t follow the plot completely, even after an explanation of the story. The older members also admitted that it was quite difficult to digest, and that it might have needed a second viewing to reiterate the plot and distinguish the deeper messages. A couple of them said, however, that the messages seemed to sink in and play on their mind over the next week and, when thinking of the amount of content we had actually performed in 45 minutes, realised how much we had put into it and how innovative it was. During our humorous scenes the audience were extremely engaged, laughing for long periods of time to at the certain bits of action or speech, this was exactly how we wanted and expected the to react. At the beginning they seemed to be quite agitated and were picking up the pictures that had been dropped from the catwalk above, this was again expected. At the rape scene they were very uncomfortable we could tell by the amount of tension left in the room, shuffling during the scene and the uncomfortable silence after the scene, we expected this kind of response, however we didn’t think it would be so extreme. I felt that we successfully conveyed the ideas of piece to the best of abilities but some members of the audience seemed to have received the messages we were trying to put across more than others. This was noticeable when talking to them afterwards as a lot of the audience; especially younger members found the plot difficult to follow. This meant that their brains were more intent on figuring out the plot that they missed key sections that were conveying these messages. The content was clearer to our teachers as they’d had the benefit of seeing the performance numerous times, this allowed them to digest the plot and, upon watching the play again, deconstruct and understand the meanings. I think we could have communicated the meaning clearer to the audience by either simplifying the plot or creating a more consistent and distinct narrative device. Our narrative device that appeared most often was the voice of the company, I think that exploring this character into more detail and having it recite pieces of text that suggest a story line more often would have made it clearer to the audience about the journey. We didn’t do this because we thought that the plot was more interesting without using a narrator thus leaving the audience in suspense and creating an unpredictability to the piece. The performance taught me that to create and present a great piece of drama you need perseverance, a good group dynamic, that discussing ideas relentlessly without taking action doesn’t get you anywhere, that you shouldn’t be afraid to tell a member of the group that an idea isn’t good enough, it’s better to come out with a great piece of drama after a fall out than have some mediocre. Also every scene has to stand alone before it can start to hold together as an entire piece. Our ideas surrounding obligatory ignorance were less obvious than some of our others but none the less proved effective in our performance we know this as they provided an under pinning to the plot that was hinted at but never directly addressed this helped to create a consistency throughout the piece that was obvious to the audience. Other, more directly tackled ideas, such as searching for answers, desperation, fight for survival, the fall of the economy and the fall of society. Idea/Theme How we attempted to communicate this to an audience How effective or communication was Fall of economy and society: This idea provides the starting point and is the catalyst for the plot. We have included this theme to explore a hypothetical world in which the economy collapse causing the downfall of civilisation and how it would be dealt with. We communicated this by beginning the piece with an ’emergency service announcement’ that pronounced that the economy had collapsed we had a 3 minute monologue from a member of the group speaking over air raid sirens and standing in front of flashing police lights. This was extremely effective as it was a clear concise obvious representation of an epidemic, the audience responded to it very well and said, after we talked to them that they got this bit. Searching for answers: This idea is the catalyst for the protagonist’s journey, this would mean that his tragic flaw would be ‘a need for answers’ as this ultimately leads him to his death. We included this idea so that the protagonist had a purpose to go on this journey that is, basically, the plot. This is communicated through the plot by sending the protagonist on this journey that is filled with multiple characters and dangers, yet he still goes on through multiple challenges just to find a way to understand, this is also represented in his confrontation with the bosses, persistently asking them question and insisting they tell him. This also carried over very well, they knew what he was doing why he was going, the only thing that confused them was if the protagonist knew about what happened to his partner as the photos we used with the words ‘eliminated’ on them weren’t visible to numerous members of the audience. Obligatory ignorance: This idea basically surrounds the idea that the protagonist will always, knowingly, be left in the dark about the events surrounding the loss of his partner, which also relates to the rest of the characters who are introduced in plot. We did this to convey that the people who the protagonist meets are people who have dealt with this forced lack of answers in different ways and that the characters in each scene will always be completely opposite to ones in a previous or following scene. We attempted to communicate this by confusing the audience, we showered them with pictures to intrigue them and want to find out answers like the protagonist. We wanted make it infuriating so that when the protagonist was denied the information he wanted from the Wise man and the bosses they would be equally as distraught. Audience members were definitely infuriated about the lack of answers that were given, which is exactly what we wanted. This made sure that they would be thinking about the play after they’d left and, hopefully, relate it to the current day. Fight for survival: This idea is providing an obstacle for the protagonist to face, making the plot interesting. We included this theme also to explore the primitive nature in which the human race would have to revert to in order to survive without the security of something that no longer exists. This is communicated through the challenges the protagonist face i. e. the prostitute scene, the war scene and the memory scene. In the latter the last person to speak reveals the dog eat dog world and kills herself for recessing to her primal instincts. This was definitely clear, talking to the audience afterwards a member said ‘That [world] as a bit rough wasn’t it? ‘ so it carried well.

Free Essays on Process Anaylsis

Process Analysis Essay When writing a paper it can be very difficult unless you break it up into sections. When I had to write my first paper I felt like a man on a desert island all alone without a clue on how to do anything. But with the help of a few teachers they taught me how to survive on the island of writing papers. What the teachers taught me was that just like everything in life it needs to be taken in steps. The steps they taught me still apply to the papers I write to this day. The first thing you need when you write a paper is a strong foundation. Everything must start at the bottom and be built up. This applies to everything. It all starts with an idea. So start your paper with an idea, write them all down and now you have your foundation. It is just a plot of land but it’s there u just need to get it ready to be built on. So take your ideas and polish them and refine them until your have a clear well thought out idea. Now your foundation is clear and ready to be built upon. But as with building a house you need to get the materials to create what is going to be built. You cant just have an idea in the paper and not have any support. You need to go and gather information from several sources to support your idea. You can find this in books, Internet, and magazines. I would recommend at least 3 sources or more if possible. Also make sure they are credible sources not just John Doe’s site on the civil war. Once you have your sources you can actually start building. Before you start writing there is the last step of the prewrite. You have to get the blueprint of the paper otherwise know as the outline. This helps you organize and structure the paper. So you don’t put roof on before the walls are up. Now you are ready to start writing the paper. Make sure when you do start to be in a comfortable environment. Don’t go grab your laptop and sit-down in front of the TV. Go to your desk and put some music on then ... Free Essays on Process Anaylsis Free Essays on Process Anaylsis Process Analysis Essay When writing a paper it can be very difficult unless you break it up into sections. When I had to write my first paper I felt like a man on a desert island all alone without a clue on how to do anything. But with the help of a few teachers they taught me how to survive on the island of writing papers. What the teachers taught me was that just like everything in life it needs to be taken in steps. The steps they taught me still apply to the papers I write to this day. The first thing you need when you write a paper is a strong foundation. Everything must start at the bottom and be built up. This applies to everything. It all starts with an idea. So start your paper with an idea, write them all down and now you have your foundation. It is just a plot of land but it’s there u just need to get it ready to be built on. So take your ideas and polish them and refine them until your have a clear well thought out idea. Now your foundation is clear and ready to be built upon. But as with building a house you need to get the materials to create what is going to be built. You cant just have an idea in the paper and not have any support. You need to go and gather information from several sources to support your idea. You can find this in books, Internet, and magazines. I would recommend at least 3 sources or more if possible. Also make sure they are credible sources not just John Doe’s site on the civil war. Once you have your sources you can actually start building. Before you start writing there is the last step of the prewrite. You have to get the blueprint of the paper otherwise know as the outline. This helps you organize and structure the paper. So you don’t put roof on before the walls are up. Now you are ready to start writing the paper. Make sure when you do start to be in a comfortable environment. Don’t go grab your laptop and sit-down in front of the TV. Go to your desk and put some music on then ...

Gold Rush essays

Gold Rush essays The California Gold Rush was one of the most important events in the 19th century. Without it America would not be as populated and economically strong as it is today. The California Gold Rush brought many foreigners into the United States and triggered migration to the Western Coast. The California Gold Rush taught people that failure was okay and made people take risks. The California Gold Rush was the Las Vegas of the 19th century. The California Gold Rush blew the United States economy sky high and gave America a very useful and attractive resource. The California Gold Rush started at John Sutters Mill in the beginning of 1848. The first gold, discovered in January, 1848. Now if Mrs. Wimmer California Gold Rush possesses a piece which has been found earlier than mine Mr. Marshall can tell, as it was probably received from him. I think Mr. Marshall could have hardly known himself, which was exactly the first little piece, among the whole. As soon as the first piece was discovered the word spread and many within the area joined. Within time many people came from many different places within and outside the United States. People came to California to escape poverty, become rich, to cover their debts, and to try to go into early retirement. Many Argonauts were left by their spouses for going to California and were criticized by many for not helping their family. From 1848 to 1852 Californias population grew from 14,000 to 223,856 . The spread of Gold Fever was extremely rapid due to the fact that the United States had just won the Mexican War. The press (media) also had a big part in the California Gold Rush because it made people believe that every single gold digger that came to California would become a millionaire in no time and with very little effort. The news spread outside of the United States and soon immigrants started coming from countries such as China, Chili, M...

Global Financial Meltdown Essay Example | Topics and Well Written Essays - 1000 words

Global Financial Meltdown - Essay Example 2) The downfall of Iceland In the case of Iceland, it was a perfect place for a family to live till the government decided to deregulate the banks and let multinationals exploit their natural resources. The result was a disastrous impact on the environment and the banks collapsed due to which unemployment tripled and many of the people lost their life savings. When the largest banks were privatized, they borrowed money totaling to 120 billion dollars which was roughly ten times the size of the economy. These banks and their activities were supported by American auditors such as KPMG and credit rating company which rewarded them highest form of grading; Triple A’s. In the end, regulators formed the role of mere spectators and did nothing. 3) Destructive growth of United States financial sector After the Great Depression, the financial sector was strictly regulated; most of the banks were local and were not allowed to use depositor’s money for any sort of investment. But then the investment banks went public and that is when the financial sector went berserk. The investment bankers now were owners of huge amounts of public money. When President Reagan came into power, he with his treasury secretary who was a CEO of Merrill Lynch, began a thirty year deregulation plan. The first firms to be deregulated were savings and loans companies. These firms were deregulated which provided them with a permit to use depositors’ savings for risky speculation purposes. They failed and many went to jail. Deregulation continued in Clinton’s era and by the late 1990’s you could identify the major financial firms. The deregulation activity was overseen by a Harvard economic professor Larry Summers, an economist Greenspan and Robert Rubin a former CEO of investment bank Goldman Sachs. This clearly shows us how economics was exploited for personal gains, politics was being influenced by the financial sector and the academia corrupted. Further on, th e documentary (Ferguson, â€Å"Inside Job†) informs us about how financial firms became so strong that they could breach a law, be exempted by it for a year and then a new law is passed to facilitate their interest. The merger between Citicorp & Travelers is a mirror image of the above statement. While the financial sector continued to become powerful, the internet bubble crash gave the economy a huge blow. We realize through the documentary that the internet bubble was pre-planned because investment banks were involved in promoting firms which they knew would surely fail. Conversations between the personnel of investment banks termed those firms as useless while they were describing them as perfect investment opportunity to the public. With deregulation taking place and the technology advancements occurring; derivatives entered the economy. They were engineered in order to make more profit, but in reality it was explosive material that would make the market highly volatile. In order to avoid any discussion over its regulation, a bill was passed in favor of de-regulation of derivatives. As the industry was even more powerfully dominated by a few gigantic investment banks, security and insurance companies and credit rating agencies than before; financial sector became even more complicated. 4) Complicated financial products engineered to grow profits Inside job gives

Summarize the importance of a business impact analysis across the Assignment

Summarize the importance of a business impact analysis across the supply chain (value chain) - Assignment Example , production is efficient and time is saving making it beneficial to outsource products from china other than production because the time saved on production is used for making sales, marketing and developing the business. It is important to note that Chinese cost of raw materials and labor is low. On the other hand, the option of shipping raw materials by air might be very expensive while shipping by sea is slower. For instance, the shipment could be too heavy to be shipped by air making it fair for production to be outsourced from China. The benefit achieved in importing products from China is that the inspection is carried out by a third party so as to enable the mistakes in the products to be ironed out before reaching the US markets. Another benefit is that, quality control in the production plant is put in place. The Chinese companies also conduct education for importers (Power et al., 2006). On the contrary, the importers can import a dangerous product which will consequently lower the volume of sales. In this regard, faults in the product can harm the standing of the firm owing to meager quality product. Risks of terrorism and currency fluctuations should be put into consideration. Other risks include; the uncertainty of quality of products and challenges of keeping the Chinese chain