Impact Of Music File Sharing On The Production Of New Music Essay

Effect Of Music File Sharing On The Production Of New Music - Essay Example The cutting edge pattern of business gives a lot of significance to underwrite over social viewpoints that are vitally connected with social childhood of a person. Music is one such medium that joins inside its extension various parts of the social presence and acknowledgment, prominence or backing for a craftsman or for a specific type of music shifts as indicated by the degree of utilizing social characteristics and their commercialization in the cutting edge business situation. Contrasted with the previous time, however music and different types of performing workmanship stayed as a wellspring of pay or working together since days of yore, it never took type of a sorted out business industry as that of the ongoing circumstance. The post Industrial Revolution time saw a general pattern gave an unconstrained driving force to the mankind to locate every conceivable intend to collect money related capital and energize private enterprise. Such entrepreneur animosity likewise obstructed the regular right of average folks to appreciate and devour the results of their separate societies and it additionally proposed that if such rights are to be gotten, an individual is required to address certain measure of cost. Curiously, the procedure of such disallowance additionally got lawful affirmation as far as ensuring privileges of a craftsman and empowering the creation of social antiques: â€Å"Cultural creation, as different zones of creation, experienced a change as the Industrial Revolution accumulated steam. It got conceivable to mass-produce social artifacts† (Giese, 2004, p. 348).

Analysis Of Experience Organizational Change Management Essay

Examination Of Experience Organizational Change Management Essay Todays associations are confronting a consistently evolving world, eccentric and quick paced condition that require steady restudying to change. For an association to be fruitful in this cutting edge world it is at last for association to consistently assess the requirement for them to switch to keep awake to date. Hierarchical change empowers an organization to endeavor to remain serious and beneficial. In 2006, Seagate Technology (NASDAQ: STX) had gained Maxtor Corporation; Maxtor was an American maker of PC regular circle drives and the third biggest on the planet before procurement. In 2008, a few analysts contend that Solid-state drive (SSD) challenge may offer danger to Seagate consistent as a universes biggest maker of ordinary circle drives. Associations prone to be attempting to endure if neglect to fulfill the difficulties and needs of both the outer and inside condition factors. Today condition is flighty and doesn't stop, so associations can't accept that what's to come i s stale, there is a requirement for associations to constantly audit their vision, procedures, advancements and objectives dependent on changing condition and innovative. As Charles Darwin cites that It isn't the most grounded of the species that endures, nor the most smart that endures. The one is the most versatile to change. Jai B. P. Sinha (2008: 352) states that there is two-dimensional perspective on hierarchical change, where authoritative change can be activating by outside and inner elements, either spontaneous or arranged. The spontaneous change is typically responding to specially appointed estimates that organization doesn't foresee and it might make interruption activity. For models, change of government strategy, basic occurrences because of lacking of aptitudes, unscheduled instruments support because of lacking of preventive estimation, and missing standard working methods. The arranged change is generally change of association strategies and association rebuilding, for example, offer serious evaluating in the market, update or adjust jobs and duties to improve efficiency and representatives resolve. The powerful result of impromptu and arranged change both can be compelling and insufficient; fundamentally it relies upon how proficient of the key plans that put into down to earth impact. There are numerous outer triggers for authoritative change. For instance, in 2011, Europe sun powered industry sees hurt and influenced with legitimate condition factor when UK government reported designs to acquaint a cut with the Feed-In Tariff plot (FIT) for huge sun based vitality endeavors. Such legitimate imperatives may have genuine negative effect on an industry and would hurt association spending plan and respond unexpected, for example, stop a portion of its activities and will cost positions lost and low resolve. Globalization is another key outside factor on the planet economy and could be a fortunate or unfortunate for association. Globalization has acquired new chances to creating nations or underdeveloped nations. For instance, worldwide organizations in Asia have large focal points with better government sponsorships and lower work costs. All together for created nations organizations to remain serious they should be reliably audit their key plans so be more inventive than abroad contenders, for example, reallocate their assembling business to abroad nations. In like manner, new mechanical advances make present organization battle to remain serious. Nokia Corp benefit has been endured seriously because of absences of new innovation or model to challenge advanced mobile phone, for example, Apple iPhone and Samsung Galaxy. An association needs to ceaselessly investigate and grow new innovation all together having capacity to challenge the danger from contenders and requesting clients. Interior triggers are simply the elements occurring inside the association. For instance, working environment misuse or high pressure representatives can prompt low assurance and low execution; it will influence the profitability, staff turnover, or legitimate issue. For instance, in 2012, China Company Foxconn Technology has detailed a few suicides cases at its manufacturing plants in southern china, which is a significant provider to Apple, Dell and Hewlett-Packard. A few pundits uncovered that the issue may because of poor administration approaches that laborers have power to stay aware of the machines speed and not permitted to converse with one another in the workshop. In this manner, it is a commitment that association needs to reaction to the episode and researches to distinguish what are the components caused the occurrence. Association must choose and actualize a key change to determine the occurrence and keep from reoccurring. Likewise the change needs to incorporate the ar rangement how to quiet, raise representatives assurance and spur workers. Huczynski and Buchanan (2010: 565-566) examined that single direction to recognize sort of progress is to consider how profoundly they enter the association. Anyway it doesn't imply that all change must be profound change to be a decent change. The profundities of association intercession are surface, shallow, entering, profound, and change. The surface or tweaking is a fitting to minor issue, where the profound change is proper when managing significant change. For instance, in 2009, the profound change will be appropriates for Chartered Semiconductor Company when the organization procured by the fundamental investor of Global Foundries Inc, and it required to change to adjust and change their corporate crucial, and qualities. Kurt Lewin (1985) change hypothesis contains three phase model of progress, unfreezing->moving->refreezing. In light of Kurt Lewin unfreezing model, it very well may be fathom that association must know to the changing scene and ready to acknowledge change when get trigger. The subsequent advance, moving, it is the period to recognize proper key arranging and capacity to impact to execute the change. The third step, refreezing, it is a stage to settle down the change and adjustment of conduct, and afterward prepare for next change. There is a potential inability to the change if the change doesn't settle down soon enough in the refreezing time frame, in light of the fact that the effect on human conduct might be viewed as unsafe if adjustment of conduct incapable to execute expeditiously. Additionally, the capacity for persistent of the change would be relies upon how quick or how powerful the association to settle down the change, where the change must be acknowledged and dril led reliably by individuals from association. Pennington Change Model (2006) recommends that proposed changes can be put along two scales: radical gradual and center fringe. Plotting the character of a proposed change along these scales can give a feeling of how troublesome the presentation of a specific activity may be and how much aggravation to business as usual it would produce. Radical change is for the most part is a sensational change and expect representatives to move far separated or respond contrastingly to a change. Anyway gradual change doesn't important is better that extreme change in term of opposition of progress. It is still depends how well of association relieving obstruction and empowering individuals. Associations have consistently met with protection from change since human normally will in general oppose change. Huczynski and Buchanan (2010: 567) talked about that the Elizabeth Kubler-Ross (1969) model has addresses human response related with change. The five phases in the Kubler-Ross adapting cycle are disavowal, outrage, haggling, sorrow, and acknowledgment. The five arrangements of enthusiastic may not all understanding by representative all through the change procedure. Anyway by understanding the reaction of individuals during change, association will be better prepared to advance the change. Huczynski and Buchanan likewise talked about the Yerkes-Dodson law, which initially saw by Robert M. Yerkes and John D. Dodson (1908). The Yerkes-Dodson law contends that human execution increments with excitement or stress increments, anyway it sees an altered U-molded capacity among excitement and execution. A specific measure of excitement can be a decent helper toward change, for example, representatives may work and learn better with little weight. Anyway too little excitement has a drowsy influence as well and execution will be moderate. At the point when excitement arrive at an ideal level, the individual will has a hyperactive influence, for example, over-burden and depleted and execution will begin to drop. How association reaction to opposition is significant, for example, forcibly could expand obstruction and turnover. The level of status, getting, responsibility and bargain by workers can assist with quickening the change procedure. As indicated by Huczynski and Buchanan (2010: 567), Arthur Bedeian (1980) has states there are four reasons that specific individuals oppose change are parochial personal circumstance (concerned), Misunderstanding, Low resistance to change, and Different evaluations of the circumstance. To oversee or beat the protection from change, Kotter and Schlesinger (2008) have recognize 6 techniques for managing opposition of progr ess. The strategies are Education and responsibility, Participation and contribution, Facilitation and backing, Negotiation and understanding, Manipulation and co-optation, and Implicit and express compulsion. These 6 strategies have their own favorable circumstances and hindrances, anyway this is a model that association can use as direction, and apply it carefully on right circumstance to forestall or limit protection from change in associations. Jai B. P. Sinha (2008: 354) examined that culture assumes a significant job in authoritative change forms. Huczynski and Buchanan feature that Edgar Schein (1985) model considers culture to be a three levels: Surface signs (the noticeable parts of an associations culture: article and practices that can be seen, heard and felt), Values and convictions (methodologies, objectives and ways of thinking), and Basic suppositions (oblivious, underestimated convictions,

The Definitive Guide to Gordon Growth Model

The Definitive Guide to Gordon Growth Model Whether you’re a shareholder, investor or a young entrepreneur wanting to try out your luck in the big business, you should know the essentials of how to choose the right stock you want to invest in.And with many things to take into consideration beforehand, it isn’t always easy to make the right move, but we’re here to help.The way you do this is by assessing the present value of stock using all kinds of methods and keeping track of parameters which give you the information about the value of the company you want to invest in stock and also using formulas and models to calculate the inputs you’ve gathered by doing research on a specific company.Now, one of the ways you do this is by using the Gordon Growth Model or GGM for short, which tells you how the value of a certain company will grow over a certain period of time.But before we jump into it, we should first explain some of the basics of assessing the stock in order for you to use this model properly.STOCK MARKET 101I re member, back in my junior year of college what I’ve learned from my economy course was just what’s a market and what is supply and demand, and it had nothing to do with stock markets let alone how they function and how to invest your money.This means that you don’t have to have a Harvard or a Stanford degree in economics in order for you to understand the basics of the stock market and to figure out which companies to invest in and which to avoid.Basically, there are five components you need to know before even considering investing in stocks:Stock â€" also called and equity is used to represent ownership interests of a company. This means that if you own one or one million shares in stock, youre an owner of the company on a small or a big scale depending on how many shares you have and your investments.Shares â€" shares represent your investment and are sort of a mutual fund you “share” with other investors. There are a few types of shares which are differentiated by thei r fee structure, but you don’t have to worry about that for now.Stock market â€" If youve heard of Wall Street, than you know what a stock market is. You come here and invest your money into the stock. Its sort of like gambling but with more risk and a lot more earnings.Growth percentage â€" The percentage at which a company grows in terms of value. We’ll later see how this can be used in your advantage.Return rate â€" A measure of the profit shown as a percentage of investment.Of course, there are many more parameters to take into consideration, and these are just the ones which help you invest in a stock if you were to stop reading this article right now.Later we’ll implement some more complex, but easy to understand points. DIVIDEND DISCOUNT MODELOkay, now that we’ve talked about the basics of the stock market, we’re ready to start explaining different models which are used to assess the value of a certain company.By knowing which model to use, you’ll have an easier t ime figuring out if you should invest your money.The Dividend Discount Model or DDM for short is used to evaluate the current stock value. And without having to give an abstract explanation, we’ll give you a practical example.Lets say theres a company, named XYZ and the stock of this company pays a 3% annual dividend, but you want to make 5% annually on your investment. Otherwise, it wouldnt be worth your time.This is called the required rate of return, or r in the equation. Source: wallstreetmojo.comNext, youre planning to keep the stock for a long term, and you assume that there is an infinite holding period and a constant dividend.So now, to calculate the stock price, we will use a simple formula.P = D / rOr when you implement the numbers from the example it is:Stock price = $3 / (0.05) = $60This formula tells you that if you buy a stock for $60, the annual $3 dividend will ensure you’re getting 5% back on your investment meaning if the Stock XYZ is trading below $60 you should buy it, and if it’s above $60, you should wait until the price comes down.And this model can be used for any asset which has a constant cash flow. And it doesn’t matter how much the company is worth as far as the dividend won’t change and we’ll hold the stock forever.Now that we’ve explained this model, it’s time to move on to our main one â€" the Gordon growth model. GORDON GROWTH MODELA while back, specifically in the 1960s, Myron Gordon, an American economist, developed a model which can be used to estimate the constant growth of a stock of a certain company.This is a version of the DDM, but instead of showing the current value of a stock, this model is focused on showing the constant growth.At first, it seems complex, but this is one of the easiest and most used models in calculating the dividend growth rate, and although its not quite perfect, it still gets some of the job done anyways.First things first, there are two basic forms of this GGM formula â€" the stable model and the multi-stage growth model.Stable Model FormulaThe stable model formula consists of the following parameters:Value of stock = D1 / r â€" gD1 = the annual expected dividend of the next yearr = rate of returng = the expected dividend growth rate (assumed to be constant)Now let’s incorporate this formula into an example and say that a company named ABC intends to pay $1 dividend per share next year and you expect this to increase by 5% per year.And let’s assume t hat you want the rate of return to be 10% on the ABC company stock.So currently the ABC company stock is trading at $10 per share and by using the formula above we can calculate the intrinsic value of one share of the company:$1.00 / (.10 â€" .5) = $20And what this formula is telling us is that the ABC company stock is worth $20 per share but is trading at $10 so the GGM suggests that it’s undervalued.The stable model assumes that the dividend is growing at a constant rate, which isn’t always a realistic assumption, so now let’s take a look at our next model.Multistage Growth Model FormulaThis model is used to depict a more realistic scenario where the dividends are not expected to grow at a constant rate so you must evaluate each year’s dividends separately and incorporating each year’s expected dividend growth rate.Now, let’s assume that there’s a company we want to invest in stock, named DEF, and let’s assume that during the next few years the company’s dividend s will increase rapidly and then grow at a stable rate. And we will calculate this by using the elements of the stable model, so here are the inputs:D1 = $1.00r = 10%ga (dividend growth rate, first year) = 7%gb (second year) = 10%gc (third year) = 12%gn (dividend growth thereafter) = 5%So now that we’ve estimated the dividend growth rate we can calculate the dividends of those years so we add 1 and just multiply the growth rate with the dividend (D = D*1 +g):Da = $1.00Db = $1.00 * 1.07 = $1.07Dc = $1.07 * 1.10 = $1.18Dd = $1.18 * 1.12 = $1.32Next we need to calculate the present value of each dividend in the course of the unusual growth period:$1.00 / (1.10) = $0.91$1.07 / (1.10)2 = $0.88$1.18 / (1.10)3 = $0.89$1.32 / (1.10)4 = $0.90Then we value the dividends which will occur in the stable growth period by calculating the fifth year’s period: De = $1.32*(10.5) = $1.39And after that we apply the Gordon Growth Model formula to determine the value in the fifth year: $1.39 / (0.10 â€" 0.05) = $27.80The present value of the stable period dividends are then calculated: $27.80 / (1.10)5 = $17.26And finally, you add the present value of your company DEF future dividends to get the intrinsic value of the company’s stock: $0.91 + $0.88 + $0.89 + $0.90 + $17.26 = $20.84After all this hassle we see that the DEF Company’s stock value is undervalued because it has a $20.84 intrinsic value compared to the $10 trading price.It takes some time to master this model, but with a bit of practice, you’ll be able to calculate the dividend growth of any company in minutes!CALCULATING INTRINSIC VALUEIntrinsic value assesses the value of intangible aspects of a company and is used to get some sort of security in your investments.The Gordon Growth Model helps investors in calculating the value of a share of stock exclusive, which is in the current market conditions.To calculate this mathematically, you have to have two circumstances in order to use the GGM:The company you’r e buying stock for must distribute dividends, although analysts apply the GGM even when the stocks don’t pay dividends under the assumption what would happen if the stock did actually pay them.The rate of return (r) must be higher than the dividend growth rate (g) because otherwise, the result would be negative.For example, let’s assume that a phone company (I’m getting tired of using alphabet letters for naming companies) has a stock currently selling for $20, but they’ve changed their packaging and have new managers in charge.This can improve the company’s competitive advantage in the market, and some investors may calculate that the intrinsic value of the stock is $50 per share meaning $30 more worth than the selling price, making it a great investment.It’s important to note that the Gordon Growth Model is very sensitive when it comes to changes in both the rate of return and the dividend growth rate.Using the GGM shows you that a stock becomes more valuable when the dividend is increased, the required rate is decreased or the expected growth rate increases and it implies that a stock price grows at the same rate as the dividends. THE ADVANTAGES AND DISADVANTAGES OF THE GORDON GROWTH MODELHonestly, the Gordon Growth Model has its flaws, but it also has some advantages which make it one of the most used models in calculating dividend growth.The first advantage of this model is its simplicity but as you will see it can also be a disadvantage because it assumes a single constant growth rate for dividends which, in the real world, often changes from year to year.This is due mainly because companies often decide either to preserve cash when something bad or unexpected happens, for example, a budget deficit or when sales go down, and also spend cash to make an acquisition. Either way, as you can imagine, the growth rate is affected, at least temporarily.However, because the growth rate is unpredictable, it means that you can turn this into your advant age by investing in companies that seem to be falling down as long as their growth rate is higher than the rate of return.Economics are always better explained by an example than by abstraction, so let us take an example which is currently trending in the news.Recently there was some drama about the Huawei Google ban, and we aren’t going to get all political now, we just need to imagine if Huawei phones stopped using Google Services.Because Google is the number one search engine on the internet, Huawei phones not being able to use Google Services would result in sales decline because people will be less willing to buy a smartphone which cant even google anything.Now there are tons of different scenarios which can happen here, but we brainstormed 3 realistic ones:Google really gets banned on Huawei and sales go down, resulting in dividend growth rate decline, meaning you should pass from investing in Huawei stocks any time soon.Google gets banned, but Huawei manages to keep sales u p by using Yahoo or Bing search engines, this means that there will be a small decline in growth rate, but at in the long run, if the return rate is still higher, you should invest.Google doesnt get banned, and nothing happens, which can result in a sudden decline in sales during the period where the ban threats occurred, but after a while, the growth rate will come back to normal and maybe even increase, so you should certainly invest in stocks.If you want, you can do a little homework and find out what exactly is happening with Huawei and Google now and are sales going up or down or staying the same so you can later calculate the dividend growth rate to see if it’s really worth investing.Another disadvantage of the GGM is that the formula is very sensitive to changes in return rates and dividend growth rate, which we’ll show you in an example now.Let’s assume that we have two stocks we want to invest in and that they both pay a dividend of $1 and have a required return of 8% Stock A has a 6% (g) meaning that its value is = $1 * 1.06 / (.08 .06) = $53Stock B has a 7% (g) and its value is = $1 * 1.07 / (.08 .07) = $107As you can see, the value of stock B is more than double than the value of stock A and just because of a 1% difference.But that’s not all, because if the growth rate is higher or lower than the rate of return than the difference will be a lot smaller.If the stocks have a different percentage, for example:If stock A has a dividend growth rate of 1% then the value is = $1 * 1.01 / (0.08 â€" 0.01) = $14.43If stock B has a dividend growth rate of 2% the value is = $1 * 1.02 / (0.08 â€" 0.02) = $17Although the Gordon Growth Model has some flaws, it is still commonly used, especially by evaluating companies in banking and real estate industries where dividend payments are usually large, and growth rates are relatively stable.It’s also useful because it relies on inputs that are already available and are easy to estimate but you shouldn’t r ely solely on this model to evaluate stock but using it with other models can make a really great tool to quickly get a feel if you should invest in the company stock or not.FINAL WORDTo summarize, the Gordon Growth Model is great for easy evaluation of dividend growth rate and should be used for companies with larger dividend growth rate and at your own risk.The truth is there is no formula or model which can accurately assess the value or the growth of a certain stock, but you should use them to figure out if you should invest in it or not.At the end of the day, investing in stock is like gambling, but if you know what you’re doing and you do your homework on a company you want to invest a share in, you can always figure out how to do it with the least risk possible.

Belbin Team Roles - 808 Words

Teams are a key component of modern work practice. This has highlighted the importance of theories relating to the operation and effectiveness of team work (Buchanan, 2004). Much work has been devoted to seeking a formula for success. (Pritchard, 1999). One of the best known and widely used methods is Meredith Belbin’s work on team roles which is based on research commenced in the 1970’s and was published in 1981. Belbin put forward that management teams require a mix of individual characteristics working together to be most effective. His roles numbered 8, this was revised to 9 later with the addition of the specialist role.(Belbin,1981) The growing commercial success of Belbin’s original book and increasing adoption of the work in†¦show more content†¦Belbin responded to this criticism directly and stated â€Å"the BTRSPI as a self standing psychometric test does not exist† (Belbin, 1993b) He argues that Team Roles relate to observable behaviours not personality types, as such they are not fixed .Further preferences could change over time given other circumstances and situations. He also indicated that Furnham had utilised an outdated version of the inventory and that the developed model â€Å"interplace† wasShow MoreRelatedStrengths and Limitations of the Belbin Modelof Team Roles1333 Words   |  6 PagesQuestion; Critically review the ways in which the Belbin model of team roles might be applied to the recruitment and selection of new team members like the John Lewis Partnership . 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Federal Bureau Of Investigation Special Agent - 1656 Words

The Federal Bureau of Investigation: Special Agent The Federal Bureau of Investigation is a federally-funded agency that was founded in 1908 by Attorney General Charles Bonaparte during the presidency of Theodore Roosevelt. The FBI, formerly know as the Bureau of Investigation (1909-1935) recruited men with previous law enforcement experience to become a part of this exclusive team that aimed to solve law violations such as bankruptcy, naturalization, antitrust, peonage, and land fraud. The Mann Act of 1910, which made transporting women over state lines for â€Å"immoral† purposes a crime, led to the first major expansion of jurisdiction for the bureau. During WWI, the FBI took over the responsibility for the Espionage, Selective Service and Sabotage Acts. With it’s head quarters in Washington, D.C., the FBI today has over 56 field offices throughout the United States and Puerto Rico and an estimated 35,000 working agents. The FBI is related to the criminal justice system because the FBI is the primary source of investigative resources for the U.S. Department of Justice. The FBI’s purpose is to protect and defend the United States against terrorist attacks and upholds criminal laws, it has both intelligence and law enforcement responsibilities. The FBI takes on federal offenses, a federal offense is criminal activity that becomes a national concern. A FBI special agent helps resolve and prevent crimes against the United States and it’s territories. 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The research will describe the career of Federal Bureau of Investigation , what is required to become a Federal Bureau of Investigation agent a successful career andRead MoreEssay On Federal Agents1436 Words   |  6 Pagesfor just federal employees, not Special Agents in particular. Federal employees get a health benefits program, a long-term care insurance program, a group life insurance program, a flexible spending account program, and a thrift savings plan. Federal employees also receive retirement benefits. The Federal Employees Health Benefits Program provides agents with health care. There are many different health care plans to choose from in the Federal Employe es Health Benefits Program. The Federal Long-TermRead MoreThe Mission Of The Fbi997 Words   |  4 Pagesservices to federal, state, municipal, and international agencies and partners. It performs these responsibilities in a way that is responsive to the needs of the public and faithful to the Constitution of the United States. History of the Federal Bureau of Investigation Charles M. Smith Drury University Abstract The Federal Bureau of Investigation was established in 1908 as the Bureau of Investigation (BOI) in Washington D.C Investigation (BOI). Its name was changed to the Federal Bureau of InvestigationRead MoreFederal Bureau Of Investigation Agent Essay922 Words   |  4 Pagescareer, because of the endless possibility of helping the world get better in any kind of way . The research will describe the career of Federal Bureau of Investigation , what is required to become a Federal Bureau of Investigation agent a successful career and the impact this career has on has on society. The Federal Bureau of Investigation hires an agent to act as the lead investigators in the United States. The duty of an FBI is to guard the United States from Terrorists and Foreign intelligenceRead MoreArgument1501 Words   |  7 Pagesfrom a small bureau into a service that not only the nation needs, but also the world. It has helped in many significant cases throughout history, such as Al Capone, the Unabomber, Bonnie and Clyde, and without the FBI, would not have been solved or taken care of as easily (â€Å"Famous Cases† 1). These have proven to make the environment a better place to live in. The FBI is needed to protect the country’s safety and the well being of each individual daily. The Federal Bureau of Investigation has grownRead MoreThe Role Of The FBI1236 Words   |  5 PagesEnforcement not only in the U.S. but also around the world. As the U.S.’s forefront federal Law Enforcement Agency, the FBI today is expansive and diverse in it jurisdiction , its responsibilities, and its personnel. As the principle investigation agency under the U.S. Department of Justice, the Bureau’s investigative jurisdiction is the most expansive of the 32 federal law enforcement agencies in the country. The Bureau is both an investigative, law enforcement based organization as well as an intelligenceRead MoreHistory of the Fbi Essay726 Words   |  3 PagesFBI The Federal Bureau of Investigation was founded in 1908 when the Attorney General appointed an anonymous force of 34 Special Agents to be investigators for the Department of Justice. Before that, the DOJ had to borrow Agents from the U.S. Secret Service. In 1909, the Special Agent Force was renamed the Bureau of Investigation, and after countless name changes, it became The Federal Bureau of Investigation in 1935. When the FBI was established, there werent an abundance of federal crimes, soRead MoreThe Importance Of Being A Special Agent861 Words   |  4 PagesThe Federal Bureau of Investigation is the United States main federal law enforcement agency. It is operated under the United States Department of Justice and is a member of the United States National Intelligence Community. The National Bureau of Criminal Identification was founded 1896 in order to identify criminals across the nation. This organization was combined with numerous other agencies and changed names multiple times. In 1935 this organization was given its final name, The Federal Bureau

Cinderella Man Free Essays

I am James J. Braddock. They call me the Cinderella Man. We will write a custom essay sample on Cinderella Man or any similar topic only for you Order Now The archetype of all who followed. I was born and raised in New York’s infamous hell’s kitchen. I have always dreamt of defying insurmountable odds. Yet I haven’t always done it on the coliseum called Madison Square Garden just a couple of blocks here from West 48th street. My boxing career had its up’s and down’s. You might be thinking why I was raised in hell’s kitchen but my name doesn’t sound like an American. Yes, I am Irish yet my family wasn’t affluent just like most Irish immigrants in America. My parents weren’t capable of sending me in a catholic private school. Play football for Knute Rockne’s Fighting Irish of Notre Dame? Tough luck! The only way I would be admitted in that private school is to rob a bank. But that’s not the right way of doing things. That’s not the way I do things. I thrive in adversity. I didn’t earn my nickname for nothing. I earned my monicker the hard way, and believe me it was no fairy tale. From a poor local fighter in New York to the heavyweight champion of the world, do you think it was a fairy tale? I gave up boxing for quite some time. I had to. The crisis known as the Great Depression has engulfed and overwhelmed the country and its people. It was survival of the fittest and the removal of the unfit. I had to do a bevy of blue-collar jobs just to provide food on the table for my family. â€Å"Family comes first. Boxing can wait.† I said to myself. Yet I never stopped dreaming on how to return to boxing and realizing my dream. I always asked myself: how would someone like me perform a feat like that when people are overwhelmed by grief and sadness? America was bleak and desolate. Was I America? No. I am Braddock. James Braddock is from hell’s kitchen. One day, I had a chance to show the world what I can do inside the ring again. I was pitted with the ranked tow contender for they heavyweight champion of the world. I must admit, those sly promoters saw me as a mere punching bag just to get the show going. After a few minutes, the second best boxer in the world was kissing the floor of the ring, and I was standing there with my arms raised by the astounded referee while the amazed crowd threw a deafening set of applause. There was hope after all in this Great Depression. They gave me hope. I gave them hope as well. My Humble Beginnings When I reached 21 in 1926, I decided to turn pro. Ii wasn’t easy for a neophyte boxer like me. I had my first break in the light heavy weight division, and after a couple of wins and losses, I had the chance to fight the champ – Tommy Loughran. It didn’t go well for me. I was considered the underdog. Loughran pummelled me in a heartbreaking 15-round decision that ended with my defeat. The loss made me question myself. I drowned in depression because my right hand which I considered my bestfriend was severely fractured. And as if it couldn’t get any worse, America was on the verge of being defeated as well. In 1929, the stock market crashed and the world saw a dramatic economic downfall. A plethora of industries and its exportation of goods by countries were affected. Rural areas and the farming industry were hit hard. Cities like New York halted all construction and industrial business affairs were on the brink of massive employee lay-offs. The Big Apple was being rotten by the Great Depression (Estate of James J. Braddock, 2008) I didn’t let the Great Depression overwhelm me. I thought that one man can make a difference in this period of grief and despair. I had to pull myself and my family from being engulfed by this God-damned depression. I had to give up boxing and worked as a longshoreman. During my stint as a longshoreman, I developed increased strength on my left hand which I frequently use rather than my right hand. My right hand was my bestfriend, but my left hand was my pride. Like when I returned the money which we received from the government which was inspired by the Catholic Worker Movement to aid the homeless and starving at that time. Homeless? I returned the relief money to them. Call it whatever you want. Pride? Perhaps for you it was. But for me it was more than pride. If I received any monetary help from anyone without working for it, I considered myself a loser. In 1934, my luck changed and I had huge upset victories against Corn Griffin and John Henry Lewis. God was indeed good. This paved the way for my greatest bout ever. A match against the heavyweight champion of the world – Max Baer (Howard, 2005). My Sweetest Victory: Max Baer After I downed Griffin and Lewis in 1934, people began calling me the Cinderella Man. My huge comeback to boxing was much celebrated than any sports event in the country. On March 22, 1935, I had again the chance to redeem myself to the world. Art Lansky was supposed to have a title bout against world heavyweight champion Max Baer. Lansky was too clumsy to break his nose just before the bout. I was the replacement (Howard, 2005). Baer, from what I heard is brutal and relentless whether inside or outside the ring. The guy almost killed two of his opponents. Is he human? I kid myself. Baer already killed a man in the ring, by the name of Frankie Campbell. I didn’t believe he intended to kill Campbell though. I’ve always believe that all men who thrive in violence has always a hint of a funny bone in himself. Specially in this Great Depression, a joke can always command victory over a sea of tears. Before the fight, I overheard Baer’s handlers who boasted that they picked me to be the replacement because they thought I was a walk-in-the-park opponent for Baer. I was irked. â€Å"Braddock is no loser.† I told myself. I’m tired of losing. I had to fight like its breathing. I had to box for my family. I had to breathe for them. After this thought fuelled my enraged mind, I suddenly found myself inside the ring with Baer. Waiting for the bell to ring, I pondered on how I got here and remembered what I’m here for. â€Å"Ding!† The bell rang. It was the linchpin for this slugfest of two pugs. But it wasn’t a mere bout for me. It was redemption. We exchanged blows and traded punches. I retaliated with spirit. After a few minutes, I saw myself standing again. And Baer was kissing the ring pavement. I saw the millions of people giving me the applause I yearned for years. Then I realized this wasn’t my victory alone. This was America’s victory. I am the Cinderella Man.   The archetype of all who followed. References Howard,Ron.(2005). Cinderella Man. Estate of James J. Braddock. (2008). Biography of James J. Braddock. Retrieved February 10,2008, from http://www.jamesjbraddock.com/                                                                                                                                           How to cite Cinderella Man, Essay examples

Solutions of Case Study free essay sample

Other MNCs must educate their employees about cultural values while dealing with other nations for business purpose. They must take care of the values and sentiments of the religion of the consumers. As customers are king and if the customers are dissatisfied it can prove disastrous for the MNCs. Hence the MNCs should not only educate themselves with Managing across cultures but also with ethics management and make business strategy based on not only political, legal, technological environment but also take due care of the cultural environment and ethics. . though the Mc Donald were aware of the fact that the Indians which comprises of hindus and Muslims still they used pork and beef ingredients in the food items. it is very clear from this that the Mc Donald were specialist in making food comprising of beef and pork and that they didnot made any marketing strategy before entering in a foreign market which a totally new culture in comparison to them, which was truly liable on their p art and at the same time they should have also prepared for new product designing before penetrating a new market. We will write a custom essay sample on Solutions of Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Moreover they must also have hire some local people before introducing their product as local people knew the sentiments of culture in the latter’s country. 3. mc Donald has covered a milestone in strategizing and meeting local cultural needs. since they once committed mistake in analysing the Indian market hence they are now more customer centric and design products catering and sufficing the needs of particular market. McDonald’s thus succeeded in spreading American culture in the East Asian countries. In Hong Kong and Taiwan, the company’s clean restrooms and kitchens set a new standard that elevated expectations throughout those countries. In Hong Kong, children’s birthdays had traditionally gone unrecognized, but McDonald’s introduced the practice of birthday parties in its restaurants, and now such parties have become popular among the public. Case 2: 1. Watching a movie from another country can help one to understand non-verbal cues by giving us context for those cues. By juxtaposing the situation against the reaction and non-verbal cues, one can begin to learn more about those non-verbal cues. . Perhaps I would approach the matter delicately by questioning him as to whether such close bodily proximity when engaging in conversation is the norm in Saudi Arabia. And then perhaps go on to say how I have been considering my own country’s concept of ‘personal space’. If that goes over all right, I could say that I find I feel uncomfortable s tanding so close, but that I have no real rational basis for feeling that way, except that it is abnormal in my culture and in all probable ways, that’s more or less true, isn’t it? And it’s not any sort of rejection, which is the central consideration here. That is the thing I will be most keen to avoid; I would not want to repel, or alienate him, or do anything at all that might detract from, or damage, what is a good working relationship. So the bottom-line is I don’t want him to feel uncomfortable or embarrassed in any possible way but will ensure that my problem is solved, maintaining the cordial relationship with him.