Wednesday, July 31, 2019

A Compilation of Essays on People and Their Personalities

THOSE PEOPLE NEXT DOOR * AG Gardiner Points to Ponder NOTE: Read the text thoroughly. These notes have been prepared in helping you to have a better understanding of the text. Reading the text is a must for the terminal examination We seldom know our neighbors. London city has its inhabitants and people are busy with their domestic chores. Thus people often cohabit as virtual strangers showing the least interest in knowing their neighbors. This trait as mentioned by A. G. Gardiner is being increasingly noticeable in modern towns and cities in all parts of the world.The ignorance to know people who live next door is a trait which is increasingly shared by city dwellers. The only sound is the noise generated by the fire irons and the piano which indicates that the other human being is occupying the premises. (Picture of people living in London in the 20th Century) The aloofness in relationship in city dwellers is not to be construed as pride or incivility. It is the peculiar London way of living. Each person guards his or her personal space and does not show any curiosity in knowing the other.Men have been described as lonely as oysters each living in their own shell. The life in villages are however different. People in the rural areas are inquisitive to know about their neighbors’ whereabouts and well being. Villagers do not exist as individuals but as a collective social unit. The case of people reveling (it means taking pleasure in something) has been described in great detail. The incident described is of people enjoying themselves by having a party. There are the inmates of the house we also have the guests and the merry making continues till late hours of the morning.According to Matida she had seen the revelers leave the house in a car at 4o’clock in the morning. Probably the din and bustle created by the neighbors’ was not seen in good light. The question raised is can we have fun and frolic at the cost of disturbing our neighborsâ⠂¬â„¢ peace? Is it something appropriate and sanctioned by the law or social conventions? The essayist A. G. Gardiner also brings out the differences between man and man. Each individual is different and very often we take the judgmental route in trying to ascribe reasons for human behavior.Why do our neighbors sleep so late or wake so early, There is inquisitiveness about dress and way of living. How can our neighbors’ enjoy more of holidays? Why do our neighbors not dress well or dress so shabbily? The habits of people the friends they associate with, the pets they keep often give credence to our worst fears about our neighbors. However, in most cases our fears do not have any founding are they are merely a figment of our imagination. People also have a tendency to believe the worst about their neighbors.There are misleading statements and rumor in the air giving inappropriate portrayal of our neighbors’ activities. However, when we happen to meet our neighborsâ€⠄¢ personally we find them to be different. There is nothing sinister (it means threatening) about them and our neighbors’ are human just like us. It is the game of judgment and misjudgment which lends the unfavorable opinion giving rise to prejudices and biases. However, the St John’s Wood case provides a different perspective. On the one hand there were two musicians living in a house imparting lessons to pupils on the piano.The venture of course was stared to earn a livelihood. The musical notes were construed as creation of noise and disturbance of peace by the neighbor. In retaliation the neighbor banged on tin cans to make things unpleasant for the musicians. In the first case it was effort made to earn an honest living and the musicians did not have the intention of being offensive. This leads to the need of being more sensitive to our neighbor’s needs. We have to learn to respect our neighbor’s sentiments According to the essayist a perfect neighb or is one whom we never hear except when he pokes the fire.HOW TO ESCAPE FROM INTELLECTUAL RUBBISH : Bertrand Russell NOTE: Read the text thoroughly. These notes have been prepared in helping you to have a better understanding of the text. Reading the text is a must for the terminal examination According to Bertrand Russell if it is important to deduce matters; we must abide by the tenets of observation. The observation of matters and things must be undertaken by us and us alone. We must not believe others blindly. All evidence needs to be tested for its credibility and validity.Thinking that a person knows things whereas in reality to remain ignorant of men and matters comes in the way of our deduction and findings. Russell has given us the example of Aristotle in a jocular manner stating that the best way for him to account for human teeth is to count them. Similarly if one is interested in knowing about the life of ‘hedgehogs’, then the appropriate course of action w ould be to find our more details about the animal by way of personal observation which can lead to appropriate deductions. There are however issues on which we have our passionate convictions..In many such cases we remain oblivious of our personal bias. Thus we become angry or frustrated when we have to face an opinion contrary to our beliefs (Say for example if we meet an atheist and the opinion given by the atheist makes us angry) The writer has quoted if someone believes that two and two are five, or Iceland is on the equator we tend to feel more of pity than anger. Persecution is used in theology (it means cruel treatment that is meted out to someone because of their race, religion or political beliefs) that is because religion is based more on opinion rather than evidence.Take the example of arithmetic and theology in arithmetic you have to have the knowledge to do things the right way in order to get the right answers. The study of mathematics is thus more logical where answer s are deduced scientifically. Religion or theology is based more on opinions of what the prophet or sages have said and are not based on credible evidence. We the people living in different lands tend to suffer form national prejudice. By national prejudice we mean that we are given to believe that our nation is the best, there cannot be any better culture, religion, social structure, way of life and the like.However, when we travel and travel extensively and meet people of foreign lands we find things to be different. The appropriate way to know about others opinion is to read a different newspaper that advocates a different ideology (beliefs or ideas). You might think that the newspaper is mad and the people believing the ideas are mad. But then again the people believing in the doctrine and the philosophy advocated in the newspaper must be also considering you to be mad, for you to be holding a different point of view and a different set of opinion.Thus there are always the two s ides of the coin. The writer has also cautioned us that becoming aware of foreign customs does not always have a beneficial effect. Read the example of China (Page 54, 2nd paragraph) where the writer says the custom amongst Chinese women was to have small feet and among the Manchus for the men was to wear pigtails. There was the adoption of custom by the conquered and the victorious which in a way shows the trait associated with intermingling of culture. The writer speaks of having an argument with a person having a different bias.Probably having such a debate will help us to know the others perception and point of view more lucidly. Mahatma Gandhi for example believed that deplored railways and steamboats and machinery and all the benefits associated with the industrial revolution. This opinion will sound as contrary to development and especially to the western ears who take the advantage of western technology for granted. In such a case it is always good to test the arguments of t he opponent party before refuting it. This helps in understanding the others point of view most admirably.The writer says that if a person has an imaginary dialogue with himself justifying both sides of the arguments trying to debate the pros and cons of the situation then he would develop a better understanding of the situation. There are no rights and wrong r answers, the arguments are more based on opinions and not verified by facts and figures. For example there can be one argument that capital punishment is a crime and should be abolished and yet another set of argument that the evil doers of the heinous crime should be hanged.Both sides of arguments has a reason and it is indeed mentally challenging and invigorating to debate the pros and cons of the situation However, we must be wary of opinions, of opinions that flatter our self esteem. For example opinions like there is no question that men are superior, or one’s nation is superior, or our values are the best or our culture has no parallels such arguments are baseless and are filled with demerits on a large scale. The rational person will be able to apply reason as to the code of conduct and justifications to such abominable code of behavior.Apart form the false sense of esteem that is floated by people and nations there is the element of fear that holds us down. Fear often originates from inventing or assuming rumors of disaster during war times or our fear of ghosts which have no practical founding. These fears pulls us down, and makes us think of things comforting like the heaven for ourselves and hell for our enemies. These thoughts are the figment of our imagination the fears can take various forms and may include fear of death, fear of the dark, fear of the unknown and such specific terrors.The way out for it would be to guard ourselves against fears by sheer effort of will power. This act will help us to think more logically and rationally. Fear happens to be the main source of superstit ion and a source of cruelty. To conquer fear marks the beginning of wisdom and helps us to champion the cause of truth and make our life more meaningful and a worthier one. How to overcome fear One way is to persuade ourselves that we are immune (protected) from disaster. The other way is by way of practicing courage. The later one is more difficult as it becomes impossible after a certain point. The former is the one which is more popular.Primitive magic served the purpose of securing safety either by injuring enemies, or by protecting oneself by talismans, spells and incantations. Such believes have survived over the ages and many people believe in mascots and sorcery which later was condemned by the church. Magic however has a simple way of avoiding terror and witches were burnt for centuries. However, newer beliefs did set in and there is the concept of Gods and heroes surrounded by good spirits Plato belief that the next world being governed by the state not because they were t rue but to make soldiers more willing to die in battle makes interesting reading.It is thus important for people to learn to be more rational and scientific in their outlook and believe in the power of observation. People are to avoid being dogmatic (it means rigid) and learn to appreciate others opinion. Then the source of opinion is to be found through logical reasoning and its authenticity is to be ascribed. ON MARRIAGE Ernest Baker NOTE: Read the text thoroughly. These notes have been prepared in helping you to have a better understanding of the text. Reading the text is a must for the terminal examination Summary The family has been portrayed as being a single society.There were eminent people like Aristotle who viewed the family as a federal society. The family has been divided into three distinct groups. The first group comprises the husband and the wife the second group has in its ambit parents and children and the third group consists of the master of the house and his serv ants. Thus three different societies have been earmarked by the older writers. These writers did not recognize the family as a single society. Leibniz was wiser he believed the family system contained four societies and that is the family itself inclusive of the other three groups.The nuptial society or the consortium (a group of people who work in cooperation with each other) that is the husband and the wife exists in its pure and isolated stage only during the period of honeymoon. The period is compared with Adam and Eve’s life in the garden where the individuals have a blessed time. However, the times changes and priorities change with the birth of the child. This is compared with the loss of Eden. The man has just the memory of the honeymoon period and the woman gets busy in caring for the child. Marriage however enforces strict codes of discipline, demands and its own system of education.Marriage requires adjustment of personalities (that is the husband and the wife) who have diametrically opposite personalities. A common way of life is chalked out. Marriage thus is full of delight and difficulty, disagreement and reconciliation, differences and comprises. It becomes more like a way of give and take adjustment and adoptability being called into play. The author sarcastically says that marriage is the only kind of democracy where you find debate and compromise being increasingly used to settle differences. The institution of marriage is funny indeed.There are distinct differences in preferences and life styles of both men and women. Men for instance like warm room, with windows happily and firmly shut, a good fire and a pipe of tobacco. Women love the singing air, the open window and the sight of driving clouds. Man loves to think that he is dying when he is ill women do not entertain such thoughts and are more practical. Man is always on the look out for novelty and always wishes to hear or see something new. Women face the daily chores steadily. T he writer says that women do smile at men and find them to be annoying, exciting and annoying like obstinate playboys of the human world.It is again the women who bring in stability and good sense in the lives of men. Thus we find great differences in the thinking pattern of men and women. The writer says that men and women are yoked together in marriages for better or for worse. They however have respect for one another’s differences. The man and the woman remain different in their thoughts, action and deeds. The differences persist for ever. Marriages only seem perfect only when there is identity of interests or pursuits. However, there is sympathy and sharing in plenty. Marriages succeed when partners listen to each other and report events truthfully.Common interests do bring the partners together. Communication in marriages increases when things are done together. A wife who loves music tries to influence her husband into liking music and to attending concerts and musical shows. The writer says that novelty must be discovered by pursuing common interests like travelling. These acts appear to be substitutes for comradeship, and cooperation. Marriages thus at times become less passionate and remain more like an institution. Like the monk, the couple gains more form observation and experience.The writer says that rules for marriage like it persists in monastery would create more of happy marriages. Romance keeps the marriages alive. If we ascribe divine influence in marriages then we would not just accept marriages to be a ‘human contract’. Agreement of the husband and wife is essential to the existence of marriage. The institution of marriage is however created by the divine scheme wherein we say that all marriages are made in heaven. MENDING WALL (Summary) A stone wall separates the speaker’s property from his neighbor’s. In spring, the two meet to walk the wall and jointly make repairs.The speaker sees no reason for the wa ll to be kept—there are no cows to be contained, just apple and pine trees. He does not believe in walls for the sake of walls. The neighbor resorts to an old adage: â€Å"Good fences make good neighbors. † The speaker remains unconvinced and mischievously presses the neighbor to look beyond the old-fashioned folly of such reasoning. His neighbor will not be swayed. The speaker envisions his neighbor as a holdover from a justifiably outmoded era, a living example of a dark-age mentality. But the neighbor simply repeats the adage.The image at the heart of â€Å"Mending Wall† is arresting: two men meeting on terms of civility and neighborliness to build a barrier between them. They do so out of tradition, out of habit. Yet the very earth conspires against them and makes their task Sisyphean. Sisyphus, you may recall, is the figure in Greek mythology condemned perpetually to push a boulder up a hill, only to have the boulder roll down again. These men push boulders back on top of the wall; yet just as inevitably, whether at the hand of hunters or sprites, or the frost and thaw of nature’s invisible hand, the boulders tumble down again.Still, the neighbors persist. The poem, thus, seems to meditate conventionally on three grand themes: barrier-building (segregation, in the broadest sense of the word), the doomed nature of this enterprise, and our persistence in this activity regardless. But, as we so often see when we look closely at Frost’s best poems, what begins in folksy straightforwardness ends in complex ambiguity. The speaker would have us believe that there are two types of people: those who stubbornly insist on building superfluous walls (with cliches as their justification) and those who would dispense with this practice—wall-builders and wall-breakers.But are these impulses so easily separable? And what does the poem really say about the necessity of boundaries? The speaker may scorn his neighbor’s obstin ate wall-building, may observe the activity with humorous detachment, but he himself goes to the wall at all times of the year to mend the damage done by hunters; it is the speaker who contacts the neighbor at wall-mending time to set the annual appointment. Which person, then, is the real wall-builder? The speaker says he sees no need for a wall here, but this implies that there may be a need for a wall elsewhere— â€Å"where there are cows,† for example.Yet the speaker must derive something, some use, some satisfaction, out of the exercise of wall-building, or why would he initiate it here? There is something in him that does love a wall, or at least the act of making a wall. This wall-building act seems ancient, for it is described in ritual terms. It involves â€Å"spells† to counteract the â€Å"elves,†and the neighbor appears a Stone-Age savage while he hoists and transports a boulder. Well, wall-building is ancient and enduring—the building of the first walls, both literal and figurative, marked the very foundation of society.Unless you are an absolute anarchist and do not mind livestock munching your lettuce, you probably recognize the need for literal boundaries. Figuratively, rules and laws are walls; justice is the process of wall-mending. The ritual of wall maintenance highlights the dual and complementary nature of human society: The rights of the individual (property boundaries, proper boundaries) are affirmed through the affirmation of other individuals’ rights. And it demonstrates another benefit of community; for this communal act, this civic â€Å"game,† offers a good excuse for the speaker to interact with his neighbor.Wall-building is social, both in the sense of â€Å"societal† and â€Å"sociable. † What seems an act of anti-social self-confinement can, thus, ironically, be interpreted as a great social gesture. Perhaps the speaker does believe that good fences make good neighb ors— for again, it is he who initiates the wall-mending. Of course, a little bit of mutual trust, communication, and goodwill would seem to achieve the same purpose between well-disposed neighbors—at least where there are no cows. And the poem says it twice: â€Å"something there is that does not love a wall. There is some intent and value in wall-breaking, and there is some powerful tendency toward this destruction. Can it be simply that wall-breaking creates the conditions that facilitate wall-building? Are the groundswells a call to community- building—nature’s nudge toward concerted action? Or are they benevolent forces urging the demolition of traditional, small-minded boundaries? The poem does not resolve this question, and the narrator, who speaks for the groundswells but acts as a fence-builder, remains a contradiction.Many of Frost’s poems can be reasonably interpreted as commenting on the creative process; â€Å"Mending Wall† is n o exception. On the basic level, we can find here a discussion of the construction-disruption duality of creativity. Creation is a positive act—a mending or a building. Even the most destructive-seeming creativity results in a change, the building of some new state of being: If you tear down an edifice, you create a new view for the folks living in the house across the way. Yet creation is also disruptive: If nothing else, it disrupts the status quo.Stated another way, disruption is creative: It is the impetus that leads directly, mysteriously (as with the groundswells), to creation. Does the stone wall embody this duality? In any case, there is something about â€Å"walking the line†Ã¢â‚¬â€and building it, mending it, balancing each stone with equal parts skill and spell—that evokes the mysterious and laborious act of making poetry. On a level more specific to the author, the question of boundaries and their worth is directly applicable to Frost’s poetr y.Barriers confine, but for some people they also encourage freedom and productivity by offering challenging frameworks within which to work. On principle, Frost did not write free verse. His creative process involved engaging poetic form (the rules, tradition, and boundaries—the walls—of the poetic world) and making it distinctly his own. By maintaining the tradition of formal poetry in unique ways, he was simultaneously a mender and breaker of walls Every year, two neighbors meet to repair the stone wall that divides their property.The narrator is skeptical of this tradition, unable to understand the need for a wall when there is no livestock to be contained on the property, only apples and pine trees. He does not believe that a wall should exist simply for the sake of existing. Moreover, he cannot help but notice that the natural world seems to dislike the wall as much as he does: mysterious gaps appear, boulders fall for no reason. The neighbor, on the other hand, asserts that the wall is crucial to maintaining their relationship, asserting, â€Å"Good fences make good neighbors. Over the course of the mending, the narrator attempts to convince his neighbor otherwise and accuses him of being old-fashioned for maintaining the tradition so strictly. No matter what the narrator says, though, the neighbor stands his ground, repeating only: â€Å"Good fences make good neighbors. † Analysis This poem is the first work in Frost's second book of poetry, â€Å"North of Boston,† which was published upon his return from England in 1915. While living in England with his family, Frost was exceptionally homesick for the farm in New Hampshire where he had lived with his wife from 1900 to 1909.Despite the eventual failure of the farm, Frost associated his time in New Hampshire with a peaceful, rural sensibility that he instilled in the majority of his subsequent poems. â€Å"Mending Wall† is autobiographical on an even more specific lev el: a French-Canadian named Napoleon Guay had been Frost’s neighbor in New Hampshire, and the two had often walked along their property line and repaired the wall that separated their land. Ironically, the most famous line of the poem (â€Å"Good fences make good neighbors†) was not invented by Frost himself, but was rather a phrase that Guay frequently declared to Frost during their walks.This particular adage was a popular colonial proverb in the middle of the 17th century, but variations of it also appeared in Norway (â€Å"There must be a fence between good neighbors†), Germany (â€Å"Between neighbor’s gardens a fence is good†), Japan (â€Å"Build a fence even between intimate friends†), and even India (â€Å"Love your neighbor, but do not throw down the dividing wall†). In terms of form, â€Å"Mending Wall† is not structured with stanzas; it is a simple forty-five lines of first-person narrative.Frost does maintain iambic stresses, but he is flexible with the form in order to maintain the conversational feel of the poem. He also shies away from any obvious rhyme patterns and instead relies upon the occasional internal rhyme and the use of assonance in certain ending terms (such as â€Å"wall,† â€Å"hill,† â€Å"balls,† â€Å"well†). In the poem itself, Frost creates two distinct characters who have different ideas about what exactly makes a person a good neighbor. The narrator deplores his neighbor’s preoccupation with repairing the wall; he views it as old-fashioned and even archaic.After all, he quips, his apples are not going to invade the property of his neighbor’s pinecones. Moreover, within a land of such of such freedom and discovery, the narrator asks, are such borders necessary to maintain relationships between people? Despite the narrator’s skeptical view of the wall, the neighbor maintains his seemingly â€Å"old-fashioned† mentalit y, responding to each of the narrator’s disgruntled questions and rationalizations with nothing more than the adage: â€Å"Good fences make good neighbors. As the narrator points out, the very act of mending the wall seems to be in opposition to nature. Every year, stones are dislodged and gaps suddenly appear, all without explanation. Every year, the two neighbors fill the gaps and replace the fallen boulders, only to have parts of the wall fall over again in the coming months. It seems as if nature is attempting to destroy the barriers that man has created on the land, even as man continues to repair the barriers, simply out of habit and tradition.Ironically, while the narrator seems to begrudge the annual repairing of the wall, Frost subtley points out that the narrator is actually more active than the neighbor. It is the narrator who selects the day for mending and informs his neighbor across the property. Moreover, the narrator himself walks along the wall at other poin ts during the year in order to repair the damage that has been done by local hunters. Despite his skeptical attitude, it seems that the narrator is even more tied to the tradition of wall-mending than his neighbor.Perhaps his skeptical questions and quips can then be read as an attempt to justify his own behavior to himself. While he chooses to present himself as a modern man, far beyond old-fashioned traditions, the narrator is really no different from his neighbor: he too clings to the concept of property and division, of ownership and individuality. Ultimately, the presence of the wall between the properties does ensure a quality relationship between the two neighbors.By maintaining the division between the properties, the narrator and his neighbor are able to maintain their individuality and personal identity as farmers: one of apple trees, and one of pine trees. Moreover, the annual act of mending the wall also provides an opportunity for the two men to interact and communicate with each other, an event that might not otherwise occur in an isolated rural environment. The act of meeting to repair the wall allows the two men to develop their relationship and the overall community far more than if each maintained their isolation on separate properties.

Tuesday, July 30, 2019

Grievance Procedure Essay

This document forms a template for organisations to compose a policy for Grievance. The working is largely standard but there is the opportunity for organisations to personalise the policy. This document is divided into three columns 1. Heading: for each sub section of the policy 2. Explanation: why the section is there and what it should contain 3. Section content: contains the wording to be used in the policy which can be added to/adjusted according to the needs and practices within the organisation. Instructions: Once you have completed content in the third column (headed ‘Section Content’), you can delete this introduction and the middle column (writing is in blue) leaving you with you policy. Some organisations may prefer a different format (e.g. non tabular), in which case, the content can be cut and pasted as required. The final policy will usually be approximately 3 sided of A4 in length. Name of organisation: Introduction This section sets out the way in which any grievances by employees against the organisation will be handled. Grievances which are raised by employees typically refer to matters relating to employment e.g. terms and conditions, job issues, work relationships. They are matters which it is reasonable to expect line management to be able to resolve. Creative Envelope Solutions recognises that from time to time employees may wish to seek for grievances relating to their employment. In this respect it is our policy to encourage free communication between employees and Clayton Down M.D. to ensure that problems can be resolved quickly to the satisfaction of all concerned. Principles (optional) Grievance Procedures must comply with the Arbitration and Conciliation Service (ACAS) Code of Practice 2009 and must follow the basic steps outlined below: Informal discussions Formal discussions Appeal Principles are guidelines on best practice for dealing with grievances. Publication of these guidelines is optional for this written procedure but even if you do not publish these principles, they must represent the way in which grievances are handled in order to comply with the ACAS Code. For point 5, there are three options for the person who would chair any appeal meeting. You may prefer to either select one of the following of keep options open and insert all three options: A manager more senior than the manager who took the decision at step 2 A trustee A suitable qualified external person Note: Where a second level of manager could be available to hear an appeal, Trustees should decide whether or not they wish to appoint one of their members to take all appeals as final arbiters of any dispute. This procedure sets out the informal and formal stages which must be followed to comply with the Arbitration and Conciliation Advisory Service (ACAS) Code of Practice 2009. In addition, the following principles will be followed in the consideration of all grievances under this procedure. 1. Each step must be followed through without unreasonable delay. 2. Both employee and employer must take reasonable steps to attend each meeting under the procedure and will have the opportunity to state their case. 3. Meeting will be at a reasonable time and location. 4. All relevant information will be provided to both employer and employee in advance of any meeting under the procedure. 5. The appeal meeting at step 3 will be chaired by Clayton Down M.D. 6. If the employee of their companion is disabled, reasonable adjustment will be made to enable them to participate fully. 7. Confidentiality will be maintained. Only those who need to know about grievance will be informed. 8. After the grievance and regardless of the outcome both parties will endeavour to work together in a  positive manner. Representation It is necessary for the statement in this section to be published as part of the procedure as it relates to the employee’s right to be represented or accompanied. It is wise to specify and limit who can accompany (if not, parents, solicitors etc could get involved at this stage). Even if your organisation does not recognise Trade Unions, employees may still belong to one and therefore it is wise to leave in the reference to being accompanied by a trade union representative. The employee has the right to be accompanied by a work colleague or trade union representative at the meetings at step 2 and step 3. This representative may take notes and seek clarification of any issues that arise. Informal Discussions This section encourages an informal approach to resolving grievances when they first occur. If you have a grievance about your employment you should speak to Clayton Down M.D. about it and discuss it informally to see if it can be resolved there and then. It is hoped that the majority of concerns will be resolved in this way. Formal Procedure This section describes what the employee and the organisation must do to complete formal consideration of the grievance. Steps 2 and 3 refer to response within a specific timescale and 5 working days is recommended. Option of who Step 3 – Appeal: see point 5 in Principles above. If the grievance is not settles through this internal process, organisations may request help and advice from ACAS regarding the use of mediation. Step 1 – Written statement by employee If you feel that the matter has not been resolved through informal discussions, you should set out your grievance in full in writing to your manager so that its consideration takes place in a more formal setting. Step 2 – Meeting Your STET will arrange to meet with you to endeavour to find a satisfactory solution and will aim to give you a written response within (insert timescale). If this is not possible, he or she will inform you of the reason for the delay and when you can expect a response. Step 3 – Appeal If you are not satisfied with the response you may put your grievance in writing to (insert title). That individual will arrange to meet with you and will give you a response within (insert timescale). If it is not possible, he or she will inform you of the reason for the delay and when you can expect a response. Step 3 is the final stage of the procedure and there is no further right of appeal. ACAS recommends organisations to consider using mediation if appropriate. Footnote: As recommended in the ACAS Code, where and employee raises a grievance during a disciplinary process, the disciplinary process may be temporarily suspended in order to deal with the grievance. However, where the disciplinary and grievance cases are related, it may be appropriate to deal with both cases concurrently.

Internet and Traditional Books

I. Title Library vs. Internet II. Introduction Students are often unable to distinguish appropriate from inappropriate resources. If the information is not available on the internet, it does not exist for them. Librarians and faculty express concern that students do not know how to adequately evaluate the quality of information resources found on the internet. Both  web-based  and traditional  library  resources are useful when conducting research. Each have their own particular strengths and weaknesses. Conducting research is something that every student will eventually have to do. Research projects are done in English class, in foreign language class, in social studies class and in science class. The sooner students are able to master the skills required for conducting research the better off they are going to be. The two most common places to find resources for research projects are in the library and online. Many thousands of web pages exist, comparing the advantages and disadvantages of using the Internet instead of a traditional library. Many of these are personal opinions, with the authors ranging from commercial sites to professional organizations. By limiting their research to the internet, students are ignoring the books, journals, databases, full-text digital resources and other scholarly materials provided by the library. In many academic libraries, use of print resources is decreasing. Use of video and other media appears to be increasing. Ignoring library resources in lieu of web resources may imperil the quality of student learning. You may find instructors who do not allow their students to use web resources in class projects for this very reason. Faculty can have an enormous influence over student choices for research resources. However, the Internet and the Web should not be disregarded as valuable research tools. With proper training and cross-referencing, both can be highly effective and efficient means by which students locate information. As computers are becoming more common in schools and homes, students and teachers are becoming more computer literate and Internet literate. The library is the traditional place to conduct research for a school research project. Libraries contain a large collection of books, periodicals and multimedia resources. They also have live people there called librarians who are available to help you find the information that you need. Libraries also give you the opportunity to read hardcopies of the reference materials that you use and they have photocopying machines available to students so that they can take home a copy of the information that they need. Libraries are established for the systematic collection, organization, preservation and dissemination of knowledge and information. It is very important for man to preserve and maintain the valuable knowledge and information contained in the books and documents because we want to preserve our knowledge and wisdom for the coming generations. By preserving the documents in a library this knowledge can be made available to others so that they can benefit from it. Establishment of libraries is not a new concept. The oldest library dates to around 2700 years ago in Sennacherib's Palace in Nineveh which shows how long ago the concept of leaving a piece of your wisdom behind started being formed into the organized collection to preserve the work. While libraries are wonderful resources for a variety of reference materials, they do have a few limitations. First of all libraries are not usually open 24 hours a day seven days a week. This means that your access to the research materials is limited to the hours of operation of the library. Secondly, the books in a library can be somewhat out-of-date, particularly in smaller libraries. Finally, libraries can be crowded and access to reference materials, computers and other pieces of equipment can be limited by the number of people who also need to use those items. Internet research  is the practice of using the  Internet, especially the World Wide Web, for  research. The internet is widely used and readily accessible to hundreds of millions of  people  in many parts of the  world. It can provide practically instant  information  on most topics, and has a profound impact on the way  ideas  are formed and  knowledge  is created. The Internet solves many of the problems associated with conducting research in a physical library. First of all students have instant access to reference materials 24 hours a day seven days a week. Students also do not have to travel to get to the reference materials that are found online. This means that they can find references for their research project any time and it also means that they can access these references from anywhere that has a computer an Internet access. Finally, the Internet provides students access to multiple databases and sources of information, many of which are not going to be found in a library. Common applications of  Internet researchinclude personal research on a particular subject (something mentioned on the news, a health problem, etc. ,  students  doing research for academic projects and papers, and  journalists  and other  writers researching stories. It should be distinguished from  scientific research  Ã¢â‚¬â€œ research following a defined and rigorous process – carried out on the Internet; from straight forward finding of specific info, like locating a name or phone number; and from research  about  the Internet. Co mpared to the Internet, print physically limits access to information. A book has to be identified, then actually obtained. On the Net, the Web can be searched, and typically hundreds or thousands of  pagescan be found with some relation to the topic, within seconds. Just like a physical library the Internet has research limitations. The first limitation is based on the student’s ability to access a computer, electricity and Internet access. The second problem is that not all information found online is good information. There are a lot of websites that have inaccurate and incomplete information. These problems can be overcome by focusing research efforts solely on websites that are run by government or other authoritative organizations or by using databases that hold peer reviewed journals. Many predict that the digital age will wipe public bookshelves clean, and permanently end the centuries-old era of libraries. As libraries' relevance comes into question, librarians face an existential crisis at a time when students need them the most. User demand is ever increasing and putting a great pressure on the librarians. Therefore, there is an imperative need for the modernization of libraries in order to keep pace with the modern times. The new challenges in the field of Library and Information Science can be met by adopting the process of digitization and networking. In the present age the Librarians have to face many problems due to the limitations of time and space. User satisfaction is the main objective of a good library. It cannot be achieved without adopting the modern tools and techniques rendered available by the modern technologies available in the field of Information and telecommunication. These developments have led to the creation of Digital and Virtual Libraries, which have great advantages over the traditional libraries. Therefore, digital libraries are becoming popular due to the advantages and facilities, which are offered by them to their users. III. â€Å"Accuracy is another area where the Internet information and library information are dissimilar. Before information reaches a library, it is filtered in three ways: (a) it is written and/or issued by an authoritative source such as the federal government or a reliable organization; (b) it is authenticated as part of an editorial or peer review process by a publisher; or (c) it is evaluated by experts, reviewers, or subject specialists/librarians as part of collection development (Brandt, 1996). In a library, the information is then selected, reviewed again, evaluated, and catalogued. The information is selected for specific purposes and specific reasons to be included in a section. Information on the Web has no evaluation criteria. Anyone can publish anything on the Web. It is important that teachers and students do not take information found on the Web at face value. Facts and figures should always be cross-referenced with other resources. † — http://www2. hawaii. edu/~nguyen/web/literature1. htm

Monday, July 29, 2019

REFLECTION Assessment on being a health professional in Essay

REFLECTION Assessment on being a health professional in Interprofessional Capabillity Framework for the Faculty of Health Sciences - Essay Example Moreover, it illuminates on the appropriate demeanour of evaluating one’s philosophies, mannerisms, values, as well as attitudes. This assists in developing an effective practitioner (Gaare, Bernheim and Melnick, 2008). It is extremely significant and fascinating to be educated about other occupation in the health care squad. This illuminates on the similarities and disparities of one’s profession with those of other individuals in the well being affiliation. It also gives a vivid comprehension of other well being vocations. In addition, this brings the recognition that disparate proficiencies and knowledge that define one’s excellence in a profession, such as psychoanalysis are not sufficient. There are other prerequisites, for instance, excellent communication joint effort, operating ethically amongst other requirements. The reinforcement of this is through the analogous code of principles for an individual’s profession such as speech pathology and other well being occupations. The utmost significance in these lesions is the explication of the meaning of concentrating on a client’s needs. Moreover, it is extremely significant to deliver superior quality well being services as well as sustaining security in these endeavours. There is a widespread notion that excellence in a health occupation comprises of knowing the paramount interest of a client and fixing that client as per the interests. However, it is crucial to realize that listening cautiously is what provides a true comprehension of a client’s quandary (Deanery, 2012). The preliminary function of health practitioners is to protect and promote well being in society. Thus, they ought to apply verified techniques of peril analysis, propose efficient precautionary measures and ensure implementation. Additionally, they must give proficient and truthful advice to their clients. This is a facet of their

Sunday, July 28, 2019

Nike and Mac for cosmetics Case Study Example | Topics and Well Written Essays - 750 words

Nike and Mac for cosmetics - Case Study Example Their products have been used by major sporting personalities and have achieved the traits they are so much advertised to have. This company has gained the loyalty of its customers over the years such that buying a sporting shoe, or any other sporting equipment from another company is quite difficult. Nike enjoys this loyalty through increased sales and reduced marketing efforts since their brand is already known and trusted. The brand image that this sporting company has created for itself is a result of hard work and implementation of appropriate strategies to gain the confidence of customers. This company also used pathos to sell their sporting products. This emotional appeal is seen in their use of heroic images to create an emotional attachment with consumers. The use of a successful sports figure creates a feeling of victory in customers, and they end up buying Nike’s products. Some of these advertisements are designed in a manner showing how a hero in Nike wear subdues an enemy who seems rather unbeatable. Such an advertisement is a great advertisement tool in that it captures the inner feelings of a person. It has been a successful strategy over the years, an example being the Air Jordan. Nike products with this name were associated with Michael Jordan, one of the greatest basketballers that ever played in the NBA. With such an association of greatness, consumers are bound to buy these products. The logos part of marketing the Nike products is the fact that they give what they market. A case in point is the comfort in their running shoes and the cushion associated with them. Their shoes can be credited with the best comfort in running shoes as said in their advertisements. The same applies for the flex grooves of the shoe soles. They work just as they are prescribed to. They give the best running experience an athlete would wish for. People have praised Nike for the honesty

Saturday, July 27, 2019

Final Project Term Paper Example | Topics and Well Written Essays - 500 words

Final Project - Term Paper Example It is also important to acquire a degree from an accredited law school, which is followed by proving of ones quality as a lawyer. This enables the community and state to appreciate the quality of services offered leading to election as a judge. The most important step to becoming a judge is gaining education. However, a number of courses such as public speaking, government, English, philosophy, and history should boost it. This is because a judge must have skills that include analyzing, logical thinking, speaking, and researching so s to acquire success. To become a judge one must be able to analyze situations in the current world in an acceptable manner. This is the reason experience as a lawyer is very important. In addition, one must have some public support, which is achieved during the trial processes. Since Judges are mostly appointed or elected, it is essential to have favor from the top officials by gaining political support. This ensures that the people involved in appointing are aware of your services and can recommend them as a judge. As a judge, it is important to keep track of any changes in the state laws. It is also essential to ensure that all cases are ruled in favor of the law. In addition, one must avoid any form of involvement in crime and corruption issues. Corruption is the best way to ensure that a judge is brought down. Most importantly, cases must be criticized and a ruling given in accordance with the law. I have worked as a judge for quite a number of years. After my education, I started out as a layer, where I defended cases successfully. I was always successful in most cases, which led to appointment a judge by the state council. After the appointment, I have listened to different cases for seven years. As each year increases in my calendar, I gain new ways to handle similar cases. Over the years, I have boosted my position through acquiring education in a number of

Friday, July 26, 2019

The Strategic Management of Economy Hotel in China Essay - 1

The Strategic Management of Economy Hotel in China - Essay Example Homes Inn Hotels and China Lodging Group, and surveying 50 employees of each hotel hotels. The findings of this study reveals that economic hotels, though, might have a very limited business scope, but strategically they are required to align their objectives with the operational capacities. By doing this, economic hotels can ensure efficient utilization of the resources which would reflect in increased profitability of the business. Acknowledgement Table of Contents Abstract 2 Acknowledgement 3 Table of Contents 4 List of Tables and Figures 10 Chapter 1: Introduction 11 1.1 Background 11 1.2 Problem Statement 12 1.3 Research Aim 13 1.4 Research Objectives 13 1.5 Research Questions 13 1.6 Significance of the Research 14 1.7 Scope of the Study 14 1.8 Structure of the Report 14 Chapter 2: Literature Review 16 2.1 Introduction 16 2.2 Hospitality industry in Asia 17 2.3 Economy hotels – Characteristics 19 2.4 Hotel industry in China – overview 21 2.5The role of Chinese gove rnment in the development of China’s hospitality industry 23 2.6Strategies of hotels in China 25 2.6.1 The role of hospitality industry environment 25 2.6.2 Factors influencing the form of strategies of Chinese hotels 26 2.6.3 Challenges related to the strategies of hotels in China 29 2.6.4 Strategies of Chinese hotels vs. ... 41 3.1 Introduction 41 3.2 Presentation and analysis of research methods 42 3.2.1 Research Strategy 42 3.2.2 Research Philosophy 43 3.2.3 Data collection 44 3.2.4 Research Sampling 46 3.2.5 Data analysis 47 3.2.6 Ethical considerations 50 3.2.7 Limitations of Research 50 Chapter 4: Findings and Discussion 52 4.1 Introduction 52 4.2 Demographic Findings: Home Inns 52 4.3 Survey Questionnaire Findings: Homes Inn 55 4.3.1 Role of External Factors 55 4.3.2 Role of Internal Factors 56 4.3.3.Ability to Cater Organizational Mission 56 4.3.4 Achieving Objectives 56 4.3.5 Strategy Consultation 56 4.3.6 Compliance 57 4.3.7 Feedback 57 4.3.8 Training and Development 57 4.3.9 Daily Briefings 58 4.3.10 Project Reports 58 4.4 Descriptive Statistics: Homes Inn 58 4.5 Interview Analysis: Homes Inn 61 4.5.1 Influence of External Factors on Strategic Management 61 4.5.2 Influence of Internal Factors on Strategic Management 61 4.5.3 Homes Inn’s Mission 62 4.5.4 Homes Inn’s Objectives 62 4 .5.5 Strategy Development Process 63 4.5.6 Policy Structure and its Stakeholders 63 4.5.7 Training and Development Programs Offered to the Employees 64 4.5.8 Homes Inn’s Organizational Structure 64 4.5.9 Budgeting and Costing of Strategy Development and Implication 64 4.5.10 Implementation of Strategic Plan 65 4.5.11 Performance Evaluation Systems 65 4.5.12 Issue Identification Mechanism 66 4.5.13 Feedback Mechanism 66 4.6 Demographic Finding: China Lodging Group 66 4.7 Survey Questionnaire Findings: China Lodging Group 69 4.7.1 Role of External Factors 69 4.7.2 Role of External Factors 70 4.7.3 Ability to Cater Organizational Mission 70 4.7.4 Achieving Objectives 70 4.7.5 Strategy Consultation 71 4.7.6 Compliance 71 4.7.7 Feedback 71 4.7.8 Training and Development 72 4.7.9 Daily Briefings 72

Thursday, July 25, 2019

Supermax facilities Essay Example | Topics and Well Written Essays - 500 words

Supermax facilities - Essay Example The reality cannot be worse for a prisoner in solitary confinement in a physically cramped condition for years with no social contact. The supermax reforms require an environment to which the inmates can relate both physically and socio-psychologically. It has to provide them with recreations, social interactions and activities in a way that would not contain even the subtlest hint of force. We have to stop the crude system of continuous watching and monitoring of each movement of the prisoners that reinforce in them the feeling of being no better than caged animals. More space needs to be created in these "modern-day dungeons" (Pupovac, 2008) that have become unmanageable for the sheer number of prisoners. I suggest humane practices like touching the prisoner with bare hand by the guards and not by wearing gloves and removal of the glass barrier to allow the prisoner to have a better communication with family and friends. These measures are necessary to convey to the prisoners that they are in the supermax for rehabilitation and not for cruel punishment. Training of the correctional administrators should include the very relevance of the prison system with emphasis on developing processes to make it more humane. In spite of the transition from the Big House to Contemporary Prisons and evolving race relations policy, racial discrimination is still visible in U.S. prisons.

Wednesday, July 24, 2019

2009 Stimulus Bill Research Paper Example | Topics and Well Written Essays - 2500 words

2009 Stimulus Bill - Research Paper Example The day that President Obama signed the American Recovery and Reinvestment Act, he made a speech in Denver, which was city where he accepted the Democratic Party’s nomination for the presidency. President Obama addressed the mayors regarding the stimulus plan and he highlighted the important aspects of the plan similar to his speech that he gave in Denver. President Obama had a meeting with the Prime Minister of Canada and took the opportunity, during the press conference to discuss the benefits of the stimulus plan. When Congress authorized the $787 billion economic stimulus package, not one House Republican voted for the stimulus plan. House Minority Leader John Boehner indicated that the plan would only make larger bureaucracies and not create jobs. Bill overview The American Recovery and Reinvestment Bill was the first essential step by the government to produce and preserve three to four million jobs, start up the economy, and start transforming the economy for the 21st c entury with $787.2 billion in economic improvement tax cuts and directed priority investments (Summary of Economic Stimulus Bill, 2009). The American Recovery and Reinvestment Plan allows for unparalleled supervision, responsibility, and clearness to make certain that taxpayer dollars are invested successfully and efficiently (Summary of Economic Stimulus Bill, 2009). ... The American Recovery and Reinvestment Plan seeks to put individuals in employment to cut down America’s reliance on foreign oil by strengthening attempts aimed at increasing renewable energy manufacture and modernize public structures to make them more energy efficient.  (Summary of Economic Stimulus Bill, 2009). The plan will invest more than $30 billion to alter the country’s energy diffusion, delivery, and creation systems and investing $5 billion to weatherize middle class homes (Summary of Economic Stimulus Bill, 2009). The stimulus plan will invest $15 billion for science facilities, research, and instrumentation and $7.2 billion to expand broadband internet access in attempt to help companies compete in a global economy.  (Summary of Economic Stimulus Bill, 2009). The American Recovery and Reinvestment Plan will invest $27.5 billion for highway construction, $16.5 billion to renew federal and other public infrastructure, $18.8 billion for clean water, flood control, and environmental restoration, and $17.7 billion for transportation initiatives to cut down traffic congestion and gas use (Summary of Economic Stimulus Bill, 2009). To facilitate children to be taught in 21st century schoolrooms, the stimulus plan will invest $26 billion in school districts, $53.6 billion in state fiscal aid to avoid cutbacks to vital services, and $15.6 billion to enlarge the Pell grant (Summary of Economic Stimulus Bill, 2009). In an effort to keep jobs, money, and lives, the stimulus plan will invest $19 billion for health information technology to avert medical errors, supply enhanced care to patients and establish cost-saving efficiencies and $2 billion to offer preventative care and to assess the most efficient healthcare treatments (Summary of Economic

The Various Present Day Marketing Perspectives Essay

The Various Present Day Marketing Perspectives - Essay Example E-marketing being a marketing perspective of the current time especially with the advancement of technology has come to be appreciated as a vital tool in the general marketing initiatives of an organization. As time goes by and technology advances e-marketing also changes and so are the approaches to achieving marketing goals and objectives. Currently, there are the mobile technologies like the 3G and PDA’s that have come to shape e-marketing and push the marketing arena to a higher level by incorporating electronic communications technology (Kalyanam 2009). Organisations need to take advantage of this marketing aspect and use the internet to distribute their products, enhancing good customer relations, advertising of products offered and to collect various responses from customers and other stakeholders through comments. An organization should incorporate into their marketing plan various e-marketing tools in order to expand their marketing horizons. In planning for this the organization needs to do a thorough audit in regards to SWOT analysis, analyze the SMART e-marketing objectives, e-marketing strategies, develop tactics that entail the e-marketing mix and thereafter evaluate the e-marketing pan performance to look into various successes and faults (Kalyanam 2009). The field of marketing has been one marred by allegations of failure to uphold ethics in conducting marketing activities like advertising and promotions (Horowitz 2005). One of the major ethical issues relates to pricing strategies that organizations put in place in order to ensure the competitive advantage over the rest. This is a practice well done by big companies and more so multinationals against smaller companies venturing into the same market. Some of the strategies employed are price skimming, bid rigging, and price fixing among others. The pricing strategies woo consumers more than others since the baseline of selling and buying are the price tag of a service or a commodity.  

Tuesday, July 23, 2019

E commerce Essay Example | Topics and Well Written Essays - 1250 words

E commerce - Essay Example Amazon.com was the first company to move book retailing online. In less than a decade, it has become one of the most recognizable brands on earth. It expanded from being a book retailer to a virtual marketplace where all sorts of buyers and sellers of rare, used, and collectible items found a platform. Today it offers even online auctions including toys, music, DVDs, house ware, and a variety of other products and it is the world’s most customer-centric company. It sells virtually anything to more than 38 million customers (Success story). Amazon.com is renowned for its customer experience and overall satisfaction. They used technology to constantly improvise and innovate. "We work hard to refine our technology, which allows us to make recommendations that make shopping more convenient and enjoyable," explains Diane N. Lye, Ph.D., Amazon.coms senior manager for worldwide data mining. " (SAS). Amazon.com uses the SAS technology to analyze the results of their ongoing efforts to improve personalization. Multi-threading allows amazon.com to apply multiple processors to complex analytic tasks. They constantly evaluate the new product page layouts and new search technology. It is their ‘technology base that allows customers to find, discover and glean out of hundreds of millions of products, those that really interest them, says Rick Dalzell, the CIO of amazon.com (Success story). Amazon.com has one of the world’s largest data warehouses, which allows it to personalize customer satisfaction. Their goal has always been customer satisfaction and hence any technology that they incorporate is to help the customer find what he finds easily and enable a simple and convenient purchase process. Data warehousing allows them to manage growth according to Mark Dunlop, Director (Success story). Their data includes order data, inventory data, and customer data. The data warehouse is connected to almost every system in the company. The very name of the company

Monday, July 22, 2019

Future of Nursing Essay Example for Free

Future of Nursing Essay The career of nursing (Registered Nurse, Licensed Vocational Nurse, and advanced practice nurse) has more than three million working affiliates. Nurses are the predominant portion of the healthcare personnel. There are multiple barriers that stand in the way of nurses’ being able to react quickly to the ever-evolving health care field and changing health care organizations. In 2008, The Robert Wood Johnson Foundation (RWJF) and the IOM (Institute of Medicine) started a group process that took two years to look at these needs, looking to evaluate and modify the nursing occupation. The findings show that 1 ) nurses- need to perform to the all-inclusive expanse of their schooling and achievements. 2) nurses- need to commit to reach the most prestigious levels of education and training through a refined educational network that advocates consistent advancement through academia. 3 ) nurses- need to endeavor to be fully engaged with physicians and other health care experts, in modernizing/rejuvenating the health care organization in the United States. 4) Efficient labor pool planning and strategy making needs better collection of data and framework of information. Nursing students should have on their school curriculum that teaches them the capabilities that are compulsory for uninterrupted furtherance of the characteristics and safety of the systems that make up a health care organization, patient-oriented care, partnership and coordination with other agencies (Berwick, Cronenwett, Tanner 2011). The student nurses’ need expert skill to grasp and knowledge and understanding of human anatomy and physiology, psychology, and a working comprehension in clinical, social, and behavioral sciences (Berwick 2011). They need working  skills and methods in order to be competent in leadership and management roles. (Berwick 2011). Student nurses will need capabilities in the new patient care conveyance framework that is on the horizon. Need a working knowledge in community health/illness and community based patient care. (Tanner 2011). They will need to know how to distribute patient care with other patient care modalities for appropriate patient care (Tilden 2011). The future nurse will need to have skills based on unchanging science prerequisite courses (Dracup, Tanner 2011). Health care policy knowledge, skills, and beliefs will need to be taught (Tilden 2011). Abilities related to unfolding health care needs will need to be fostered. For example: the elderly population (Tanne r 2011). They will need to accept technology-immersed education, multifaceted approach to patient care. Universities and colleges will need to come up with a plan that will make sure that the number and the equal allocation of new Registered Nurses who have graduated from their institutions with a baccalaureate degree or higher in nursing should be greatly increased (Aiken, Cronenwett 2011). Society should embrace community colleges/ universities that have affiliations, they may increase AND graduates that would complete a BSN degree if given encouragement, and could get it completed within a certain timeframe. (Dracup, Tanner 2011). The post-graduate residency programs will need to develop and test clinical education models that would include post-graduate intern and residency programs in appropriate facilities. (Tanner 2011). What the faculty members of the future need to be on the look-out 1) look for a person that has the bedrock for a nomination and appointment to faculty and promotion, including recognition of practice-based accomplishments, including working toward bettering healthcare (Berwick, Dracup, Cronenwett 2011). This person, who can, during their working life, move easily between practice (patient care), and academia (Gilliss 2011). The person, who within a short time span, has obtained a BSN, then a Doctoral degree (Aiken, Dracup 2011). The person must maintain professional certification and/or clinical proficiency (Gilliss 2011). This person builds working relationships with teachers and staff in other occupations. (medicine, engineering, business, public health, and  law). (Gilliss 2011). The person must take time to advance his/her education using two or more professions and foster cooperative practice furnishing patient-centered care (Dracup, Tilden 2011). Society needs to make sure that the universities produce a commensurate number of nurse practitioners (NP’s) for primary care roles at a time when access to health care will most likely increase the general public’s need for primary care providers (Cronenwett, Gilliss 2011). Universities will need to change their course of study in nursing education that has come about secondary to the advances made in nursing science and practice. These changes are guided by breakthroughs made in science (Tanner 2011). Universities will need to continue to state specialist preparation is needed for Master’s program level, and advance Post-Masters DNP education. At this time, requirements for Nurse Scientists interested in translational research needs to be clarified- will a DNP and a PhD both be needed in order to be able to follow through and become a researcher? The older population age averages, those who have chronic illnesses, added to the fast-moving science and technology fields, plus the blurred lines between medicine and nursing, creates a level of unpredictability to the health care scene. It is reasonable to expect a more educated health care team to care for these patients. Research has shown that hospitals that have a larger proportion of BSN bedside nurses, have a lower patient mortality/death (JAMA 1999). There is some research evidence that has shown BSN nurses are more cost-effective. Evidence is encour aging in showing that a more highly balanced BSN labor pool might allow for a smaller staff without negatively affecting patient end results. In the ambulatory out-patient care clinic setting, there is strong research-based evidence that shows that nurses with advanced degrees, usually a masters, can provide patient care with patient conclusions that are comparable to that of a Medical Doctors in some areas, like that of pain control and patient satisfaction. The cost for care is lower, also. Griffiths 2010)(Horrocks 2002). The evidence shows that the increased number of advanced degree  nurses practicing has improved admittance to general patient care. (Aiken 2009). Advanced nurses staff ambulatory care clinics and see approximately three million patients a year. Nurse Practitioners also staff Community Health Centers. The Role of Nursing Organizations to Nurse Leaders: The American Organization of Nurse Executives (AONE), states that the BSN is the minimal degree for nurses in leadership roles. Nurse leaders in a supervisory leadership role should seek education at a doctoral level. The IOM recommends lifelong learning for nurses. Nurse leaders need to help and assist as needed bed-side, clinic, and home-health care nurses in exploring and promoting new, more unprecedented, patient and family-centered care models. Nurses at all levels of the health care continuum, should be planning for leadership roles. The more experienced nurses must mentor the nurse with less proficiency, show them the way. Nurse leaders should also sit on boards of health care organizations and sit on policy-making committees. As for me, I am not sure what the future holds for me. I think maybe I would stay a bedside nurse in an acute care hospital. That is what I have done for over twenty years and that is what I love doing. I see nursing becoming more involved in the evidence-based prevention policies. Finding new ways to assist patients in reducing disease and/or promoting health, once they go home. The bedside nurse would do more of the inter-agency care coordination, for example discharge planning. Nurses must be able to function and collaborate with multiple agencies in order to get the supplies and care a patient might need once they go home. References AmericaInstitute of Medicine. (2011). The future of nursing: Leading change, advancing health. Washington, DC: Cronenwett, Linda R. (09/01/2012). Molding the future of advanced practice nursing 1.. Nursing outlook (0029-6554), 60 (_5), 241. WNA working to advance the recommendations in the RWJF/IOM report: the future of nursing: leading change, advancing health?. Stat: Bulletin Of The Wisconsin Nurses Association [serial online]. June 2011;80(6)Available from: CINAHL Complete, Ipswich, MA. Accessed October 11, 2014. Retrieved from ISNA Bulletin Aug/Sep/Oct 2011 pg10 Independent Study Visioning the Future of Nursing: Analysis of the IOM/RWJ Foundation Report Nurse Leader Vol9 Issue6 Dec2011 pg30-32

Sunday, July 21, 2019

Donald Trumps Views on Immigrants

Donald Trumps Views on Immigrants Alondra Medina   Making America Great Again: Not Really According to President Donald Trump When Mexico sends its people, Theyre not sending their best. Theyre bringing drugs, theyre bringing crime, theyre rapists, and some, I assume are good people (CNN). When President Donald Trump says things about immigrants that theyre supposedly bringing drugs, crimes, and that theyre rapists he says this without knowing how they are. The reason why theyre here illegally is because immigrants are chasing the American Dream. Immigrants are not here to bring drugs, crimes, nor to be rapists, they are here for hope, dreams, and more for their families. There is no need to be judging immigrants for not being what President Trump want them to be. Trump made his remarks in an interview with Lesly Stahl on CBS 60 minutes. It was his first national TV interview since winning the election (Eugene Kiely). In that interview Lesly Stahl asked Donald Trump, What about the pledge to deport millions and millions of undocumented immigrants? (Lesly Stahl) and President Trump responded with this exact words, What we are going to do is get the people that are criminals and have criminal records, gang members, drug dealers, we are going to incarcerate. But were getting them out of our country, theyre here illegally (Eugene Kiely). This means that out of those 2 or 3 million people that supposedly have a criminal record his going to deport them even if they are citizens. What he doesnt know or understand is that out of those 3 million people therere probably not just immigrants it could be also be all races. Another thing is that, The President made immigration and border control a key part of his election campaign, promising to protect Amer icans from Bad Dudes (BBC News). The point here is how youre going to protect Americans from people that are bad.   All Americans in some way they have a dark side, they are not perfect in a way that Trump wants them to be. Having immigrants deported for criminals records than every criminal should be deported also. And that is not way to protect Americans from criminals. President Donald Trump on one of his campaign Platform that in order to Make America Great he wants every single undocumented to be deported and leave the white people here in America. What he doesnt understand is that America was build and raised by immigrants. So Basically, this country is ours just like everybody else even Jorge Ramos a News Anchor said it in his own words, This is our country, Ramos responded, it is yours, it is mine, and it is ours. And the interesting thing is that with the Trump administration and many people who support Donald trump, they think it is their country, that it is a white country, and they are absolutely wrong. This is not a white country, it is ours, and thats precisely what Im saying (Jorge Ramos). And this true because America would not be nothing without immigrants, there will be food, construction, and competition for wages and jobs will impact negatively on some existing residents. Also, The value of immigration cannot be reduced to an actua rial table or spreadsheet. Immigrants do not simply make America better off. They make America better. Immigrants Provide a shot in the nation arm (Richard V. Reeves). New Americans are true Americans. We need more of them. But trump is tapping directly and dangerously into white fears of an America growing steadily browner (Richard V. Reeves). Mr. Kelly said that the number of inadmissible person crossing the U.S-Mexico border had dropped this year (2017) from 31,578 to 18,762 in January to February- a period when the number of arrests of illegal immigrants normally increases (BBC News). Because of immigration advocates suggest that under the trump administration immigration enforcement polices all most all of them could be targeted of deportation. 700,000 DREAMERS (NPR). So, realizing that president Donald Trump is just saying things without knowing immigrants how they are he doesnt even know a reason why his deporting people. Just because he has the power to do anything he can automatically deport people just like that. The importance of all of this is that everybody has dreams not by bringing drugs, crimes, nor to be rapists but to be more for their families. Everybody deserves a chance to prove who they really are. Immigrants are more than what presidents Donald Trump think. People living in the U.S. without legal status are frequently invoked in American politics especially in these recent months. But the conversation is often short on facts about the millions of people who fall into this category. Donald Trump thinks the worst of us immigrants because of what he sees and hears about the immigrants but only if he got to know us a little bit better he wont be thinking the way he thinks we are and do in this country. Works Cited Kiely, Eugene. Trump Repeats Criminal Alien Claim. FactCheck.org. N.p., 2016. Web. 10 Mar. 2017. Mortensen, Ronald W. President Trumps Executive Order Puts Americans First; at Least 75% of Illegal Aliens Eligible for Deportation. Center for Immigration Studies. N.p., 05 Feb. 2017. Web. 10 Mar. 2017. Reeves, Richard V. Heres What America Would Be Like Without Immigrants. Immigration Reform. N.p., 2016. Web. 2017. US Hails 40% Drop in Illegal Immigrants from Mexico. BBC News. BBC, 09 Mar. 2017. Web. 10 Mar. 2017. Wang, Hansi Lo, Alyson Hurt, and Camila Domonoske. How Americas Idea Of Illegal Immigration Doesnt Always Match Reality. NPR. NPR, 08 Mar. 2017. Web. 10 Mar. 2017.

Indias Foreign Exchange System: An Analysis

Indias Foreign Exchange System: An Analysis CHAPTER-2 LITERATURE REVIEW 2.1 Introduction: It is a fact that the currencies of different countries have different values that is based upon their actual economic and monetary strength. It is from this difference that the genesis of foreign exchange occurs. Foreign exchange can be termed as the act of matching the different values of the goods and services that is involved in the international business transaction process in order to attain the exact value that is to be transferred between the parties of an international trading transaction in monetary terms. Foreign exchange as an activity had started the day civilization and independent principalities got established in the world. But in those days it was a case of exchanging value in the form of transfer of goods and services of identical value that is commonly identified with barter system. Moreover the transactions were done on a one-to-one basis, and the terms and conditions were determined by the parties entering into such transactions. There was no universal system or rule that determined these transactions. In that way foreign exchange and international monetary system is a modern day trend that gained an institutional form in the first half of the twentieth century and has been developing since then. 2.2 Foreign Exchange: According to International Monetary Fund (IMF), Foreign Exchange is defined as different forms of financial instruments like foreign currency notes, deposits held in foreign banks, debt obligations of foreign banks and foreign governments, monetary gold and Special Drawing Rights (SDR) that are resorted to make payments in lieu of business transactions that is done by two business entities or otherwise, of nations that have currencies having different inherent monetary value (www.imf.org). Leading economist Lipsey Richard G.,1993 has mentioned that the foreign exchange transactions are basically a form of negotiable instrument that are resorted to deliver the cost of goods and services that form a part of trading transactions and otherwise, between business and public entities of nations of the global economy. Sarno, Taylor and Frankel, 2003 gives the definition of foreign exchange as denoting the act of purchase and sale of currencies of different economies that is performed over the counter for various purposes that includes international payments and deliverance of cost of various business transactions, where the value is usually measured by tallying the value of the currencies involved in the foreign exchange transaction with that of the value of U.S. Dollar. According to Clark and Ghosh 2004, Foreign Exchange denotes transactions in international currency i.e. currencies of different economies. In such transactions the value of a currency of one country is tallied and exchanged with similar value of the currency of the country in order to exchange the cost of a business transaction or public monetary transfer that is taking place between two entities of these economies. 2.2.1 Foreign Exchange Transactions: Transactions in foreign exchange are done through various types and various modes between different countries of the world. According to information mentioned in the Reuters Financial Training Series, 1999,TOD Transactions, TOM Transactions, Swap Rates, Spot Rates, Forward Rates, Margin Trading and Buy / Sell on Fixed Rates foreign exchange transaction methods are some of the commonly used methods that are widely used by global managers for their foreign exchange transaction activities. 2.2.1.1 TOD Operations: TOD Operations are foreign exchange transaction methods where the trader uses the exchange rate of the day on which the foreign exchange transaction order is to be executed. In other words TOP operations are commonly used in intra-day foreign exchange transactions. As a result they are commonly resorted to by speculators in foreign exchange transactions and those who general speculate on the rates of different foreign exchange markets of the globe. 2.2.1.2 TOM Operations: In this type of transactions the transaction process carried forward to the next day instead of it being an intra-day trading. TOM transactions rate is fixed on the day the transaction is signed, but the rate of exchange is agreed upon to be that of the next day. 2.2.1.3 SPOTTransactions: SPOT Transactions can be compared with TOM transactions because here also the exchange rate is fixed at a value that prevails over the exchange rate of intra-day trading of shares. But SPOT transactions have been separated as a different category because unlike TOM transactions, SPOT transactions contracts are executed on the third day after the signing of agreement between the Bank and the client. 2.2.1.4 Forward Contract: Forward contracts are those exchange rate contracts where the currency conversion exchange rate agreement is decided at a certain rate at a time that is well before the date of execution of the exchange contract. In that way they are similar to TOM transactions. The only differ from them in the fact that these transactions are made for a long term i.e. generally for one year, and the parties involved in making this foreign exchange transaction deposit five percent of the contract value with the bank involved in facilitating the transaction at the time of executing the contract which is then returned to the client after execution of the exchange transaction. The need for depositing this amount is to secure the transaction against any loss due to market fluctuations. 2.2.1.5 SWAP: The greatest advantage of SWAP transactions is that the clients involved in the foreign exchange get prior information about the exchange rate of the currencies that are part of the transaction. In this type of transaction the bank first buys the amount of transaction form the client and resells it to the client after a few days after disclosing the exchange rate of the currencies involved in the transaction process. SWAP transactions are much sought after by traders because here they get to know beforehand the exchange rate of the currencies involved in the transaction process that helps them in avoiding fluctuations in market rate and gives them the advantage of determining the prices of goods, the nature of the currency market notwithstanding. . 2.2.1.6 MarginTrading: The key element of Margin trading is that any trader can opt for SPOT trading round the clock by going through the margin trading mode. The other key element of margin trading is that the traders can make deals with a minimal spread for a huge amount of funds by projecting fraction of the needed amount. In that way it is a unique form of global financial transaction where the threshold value that can be transacted through the margin trading mode is $ 100000 with bigger deals being multiples of $ 100000. But in order to deal in margin trading the trader has to make a security deposit of five recent of the contract value that has to be replenished from time to time in order to maintain the amount from which the probable losses from margin trading transactions are accommodated. 2.2.1.7 Buying/Selling on Fixed Rate Order: This is a mutual agreement between the buyer and seller of foreign exchange. Neither its rate nor its other terms and conditions are based upon actual conditions. Rather the deal is based keeping the mutual profitability of the buyer and seller intact where both of them get their desired amount. 2.3 Global Foreign Exchange Market: According to the table depicting the Triennial Bank Survey of Foreign Exchange and Derivatives Market Activity done by Bank for International Settlements (BIS)2007, as shown below the global foreign exchange market has an average daily turnover of over $ 2 trillion, which is an increase of around forty percent in terms of volumes . This rise in foreign exchange transactions it is observed has been due to rise in the volume of trading in Spot and Forward markets. This is indicative towards increase in volatility of foreign exchange markets around the world. (www.bis.org). Global Foreign Exchange Market Turnover Daily averages in April, (in billions $) Year 1989 1992 1995 1998 2001 2004 Spot Transactions 317 394 494 568 387 621 Outright Forwards 27 58 97 128 131 208 Swaps in Foreign Exchange 190 324 546 734 656 944 Gaps in Reporting (Estimated) 56 44 53 60 26 107 Total Turnover (Traditional) 590 820 1,190 1,490 1,200 1,880 Memo: Turnover (At April 2004 Exchange Rates) 650 840 1,120 1,590 1,380 1,880 (BIS Triennial Central Bank Survey, 2004) As observed by Jacque Laurent L.1996, Studies in foreign exchange point to the fact that the volume involved in foreign exchange transactions in the total markets around the globe has the potential to affect the overall functioning of the global financial system due to the systematic risks that are part and parcel of the foreign exchange transaction system. Most of the transactions occur in the major markets of the world with the London Exchange followed by New York and Tokyo Stock Exchange accounting for over sixty percent of the foreign exchange transactions done around the globe. Among these transactions the largest share is carried out by banks and financial institutions followed by other business transactions i.e. exchange of value for goods and services as well as dealers involved in securities and financial market transactions. According to the studies by Levi Maurice D., 2005, in foreign exchange transactions most of the transactions happen in the spot market in the realm of OTC derivative contracts. This is followed by hedging and forward contracts that are done in large numbers. The central banks of different countries of the world and the financial institutions operating in multiple markets are the main players that operate in the foreign exchange market and provide the risk exchange control mechanism to the players of the exchange market and the system where around $ 3 trillion amount of money is transacted in 300000 exchanges located around the globe. The largest amount of transactions takes place in the spot rate and that too in the liquidity market. The quotation on price in these markets sometimes reaches to around two thousand times in a single day with the maximum quotations being done in Dollar and Deutschemark with the rates fluctuating every two to three minutes with the volume of transaction for a dealer in foreign exchange i.e. both individual and companies going to the range of $ 500 million in normal times. In recent years the derivativ e market is also gaining popularity in OTC dealings with regards to the foreign exchange market. 2.4 Global Foreign Exchange Market Management Risks: According to the researcher Kim S. H., 2005, Foreign exchange transactions are identified by their connection with some financial transactions occurring in some overseas market or markets. But this interconnectivity does not affect the inherent value of the currency of the country which is determined by the economic strength of that country. This means that the inherent value of each currency of the world is different and unequal. So when the need arises to exchange the value of some goods or service between countries engaged in such activity it becomes imperative to exchange the exact value of goods and services. Considering the complexity and volume of such trading and exchange activity occurring in the global market between countries it is but natural that the currencies of individual countries is subject to continual readjustment of value with the currency with which its value has to be exchanged. This gives rise to the importance of foreign exchange transactions as a separate ar ea of study and thereby needs much focus for its understanding (Frenkel , Hommel and Rudolf , 2005). In addition to this it is to be realized that with the growing pace globalization and integration of global economic order there has been a tremendous increase in international business transactions and closer integration of economic systems of countries around the world especially between the members of WTO, that has led to the increase in economic transactions and consequent activity in international foreign currency exchange system (Adams, Mathieson and Schinasi, 1998). Added to this is the fact that the exchange value of currencies in the transactions is not determined by the respective countries but by the interplay of value of the currencies engaged in an international foreign exchange transaction and the overall value of each currency in the transaction prevailing at that time. In fact each country in the global economic order would want to determine the value of its currency to its maximum advantage, which was possible a few years ago in when the countries used to determine the value of their currency according to the existing value of their economy. The individual countries till the early nineties used to follow a policy of total or partial control over the exchange value of their currency in the global market. At the same time there also were a group of countries that followed the policy or system in determining the exchange value of their currency i.e. left it to the interplay of global economic activity where the value was determined by its economic performance. The currencies of countries that provide full or partial amount of control in the international exchange value of its currency are known to follow a Fixed Rate whereas the currencies of countries that allow its currency to seek its inherent value through its performance in the global economic system are termed as following the Floating Rate of foreign exchange conversion mechanism. Though lo gically both the type of mechanism of foreign exchange face the effect of exchange rate fluctuations and consequent volatility in rate it is the currencies having a floating rate that are continually affected by the fluctuations in exchange rate in the global market when in the case of currencies with a fixed rate it is more of a controlled and regulated affair (Chorafas Dimitris N., 1992). 2.5 Foreign Exchange Risks Prevailing in the Global Market: Risks related to the exchange rate of a currency in the global market as has been mentioned, occurs due to the interplay of inherent value of each currency of the respective countries that are part of the global financial mechanism. Risks related to foreign exchange come into picture and are also inevitable in this world marching towards increased interaction due to globalization. The risks will occur due to business interaction and consequent exchange of value for goods and services. According to Kodres LauraE., 1996, the risks related to foreign exchange occur when there is increased interaction between the currency of a country with that of other countries in the international market and that too if the currency has a floating exchange rate. In that case the value of the currency is continually affected by its business and financial performance. This relation with other currencies in the market affects it during the time when the need arises to exchange it with another currency for settlement of financial transaction in some business or financial purposes and gives rise to various types of risks. The prominent risks associated during this situation are Herstatt Risk, and Liquidity Risk. 2.5.1 Herstatt Risk: Herstatt risk is a risk that is named after a German Bank that got liquidated by the German Government in the seventies of the last century and made to return all; the claims accruing to its customers. This is because its creditworthiness was affected and it could not pay the settlement claims to its customers and also on behalf of its customers to their clients. It is basically connected to the time aspect of foreign exchange value claim settlements in which the foreign exchange transactions do not get realized as the bank loses its ability to honour the transaction in the intervening period due to some causes. In the particular case the German bank failed to honour the financial settlement claims of its clients to their counter parties that were to be paid in values of U.S Dollars. The main issues that arose were regarding quantifying the amount to be delivered and the time of the transaction process due to the two countries financial systems being located and working according to different or separate time zones. This case has established a phenomenon in foreign exchange market where there may erupt situations in which the working hours of banks located in different time zones may never match with each other leading to foreign exchange settlement transactions getting affected during the mismatch of the two banks closing and opening time. In fact the Alsopp Report that studied this phenomenon in detail said that though the foreign exchange transactions are made in pen and paper on a single day the actual transfer of value takes place within three to four days. And with the exchange value of currencies operating in the international market always remaining in a state of flux they either get jacked up or devalued. In either case it affects the clause of transactions that was decided on an intra-day rate, as the value of both the currencies in the international market has changed during these days. 2.5.2 Risks related to Liquidity: There can crop up different problems related to the banking systems operations and dynamics i.e. in both technical and management systems as well as inability in terms of volume of available liquidity strength or in mismatch in tallying of time etc; that can affect the capacity of banks to honour foreign exchange transactions in terms of transfer of liquidity. These types of risks are being commonly witnessed in newly emerging economies that are being unable to cope with the sudden surge in volume of global business transactions thereby leading to exchange rate settlement and payment delays, outstanding payments and dishonouring of financial commitments in the exchange rate transaction market. 2.5.3 Financial Repercussions: According to the Studies in foreign exchange related risks by Dumas and Solnik, 1995 aver that risk related to transactions in foreign exchange have increased with globalization and the rise of global economic integration process with the countries getting affected in relation to the volume of their transactions in the global financial and business marketplace. This is because the market is now more oriented towards market value driven convertibility of currencies that is influenced by the global financial movements and transactions, and any independent transaction especially of transnational and multinational companies; will automatically affect other transactions happening in the global financial marketplace (Klopfenstein G.,1997). However, according to another study by Gallati Reto R., 2003, these multinational and transnational companies are simultaneously being affected by the fluctuations in exchange rate of different currencies of the global market that is exposing their business operations in different global markets to exchange rate related risks especially due to difference in Spot and Forward rates and the inevitable fluctuations (Choi , 2003) that give rise to foreign exchange settlement related problems. 2.5.4 Remedies to Foreign Exchange Settlement Risks: As there risks that have cropped up in foreign exchange transactions due to increase in volume and frequency of transactions mainly as a result of globalization so, also there have come up remedies to minimize the risk related to adverse conditions in foreign exchange transactions. The Bank for International Settlements (BIS) in one of its studies in 1999 has said that settlement of claims is the most predominant risk that is related to foreign exchange transactions, especially the speed with which these transactions are materialized and the roadblocks that they may face in the process due to tremendous increase in volume of foreign exchange transactions that cannot be cleared in expected times. The solution to these risks according to the study is to simultaneously clear transactions on either side i.e. for both the parties side so that they simultaneously give and receive payments at the agreed rate of exchange. This would solve the problem of extended time of actual payment when the rate of exchange fluctuates, thereby creating problems for both the parties. This arrangement is related to deals being processed simultaneously, which requires the concurrence and common cause of both the parties. This is because the party that is expecting a hike in value of it s currency may not agree to such a proposal. In that case there should be some law or arrangement that would make it mandatory for both the parties to settle their intra-day payments on that day itself so that there is no scope left for speculation by them. According to the study, such arrangements have been made in USA and Europe where systems like Fedwire and Trans- European Automated Real-Time Gross Settlement Express Transfer (TARGET) have been established. Fedwire facilitates payments in foreign exchange transactions under the mode of Real Time Gross Settlements (RTGS)and TARGET facilitates intra-day transfer of foreign exchange between parties of member countries of Europe on the same day itself. But, for simultaneous release of funds by both the parties and the intra-day settlement of claims to succeed it is imperative that the member countries of the global economic system should come together have concurrence on these issues. This is because all said and done the foreign exchange transaction related rules and laws are still governed by the respective countries. And most of these countries are reluctant to make any headway in linking their currency system to the global currency system for speedy disposal of foreign exchange transactions for fear that such a move would expose their currency end financial system to the baneful effects of risks and volatility of global foreign exchange system (Hagelin and Pramborg, 2004). At the level of international trading corporations there has been initiated some steps whereby they have formed a private arrangement known as Group of Twenty. They are a group of twenty internationally acclaimed global clearing banks who have formed an system called the Global Clearing Bank that acts as a connection between the payment systems of different countries and verifies international foreign exchange transactions in order to simultaneously satisfy both the parties regarding authenticity of the process of transaction. The thing is that this system puts a high amount of strain on the financial and foreign exchange system as well as reserves of individual countries along with requiring them to bring about some amount of commonality between the financial rules and regulations of individual countries which is easier said than done. All the same the establishment of Bilateral Netting System and Multilateral Netting Systems as well as of Exchange Clearing House (ECHO) are trying t o facilitate foreign exchange transactions and minimize the inherent risks involved (McDonough ,1996). 2.6 Indian Foreign Exchange System: 2.6.1 Historical Background: The historical background of foreign exchange system in India was a saga of excess control and monitoring with even minor transactions being made to undergo the rigorous scrutiny of concerned government authorities to avoid any risks associated with such transactions and save the scarce foreign exchange reserves from being frittered away in some transactions considered unimportant or anti-national by the government. The Foreign Exchange Regulation Act (FERA) that was enacted in 1947 and made more stringent in 1973 was the embodiment of the prevailing sentiment of the governments of those days, which was to completely regulate and control all the foreign exchange transactions and protect the foreign currency reserves. (Mehta, 1985) All these changed in the nineties of the last century with the opening up of Indian economy in 1991 in keeping with the recommendations of the High Level Committee on Balance of Payments set up under the chairmanship of Dr C. Rangarajan by the Ministry of Finance, Government of India and subsequent entry of India into World Trade Organization (WTO) in 1994. This was preceded by the liberating of current account transactions and establishing full convertibility of current account transactions in 1993. In 1994 also the Government of India accepted Article VIII of Agreement of the International Monetary Fund that established the system of current account convertibility and the exchange value of rupee came to be determined according to the market rates with only the convertibility of capital account being under the control of the government (Krueger,2002) as the Tarapore Committee on Capital Account Convertibility of 1997 (Panagariya A., 2008) suggested the government to keep adequate sa feguards before allowing the convertibility of capital account to be determined according to the market forces as there was need to consolidate the financial system and have an accepted inflation target before such a venture. The Tarapore Committee also suggested that the legal framework governing the foreign exchange transaction system in India also needs to be modernized before going for total convertibility of the capital account due to which the Government repealed the FERA Act of 1973 and promulgated the Foreign Exchange Management Act (FEMA) in 2000. This new act did away with the system of regulation and control and established a system of facilitation and management of foreign exchange transactions thereby promoting all the activities related to foreign exchange transactions. The most important thing that was done by FEMA was to recognize violations or mistakes in foreign exchange transactions as a civil offence instead of a criminal offence as was done by FERA. FEMA also shifted the responsibility of proving the violation or mistake in foreign exchange transaction and related rules from the prosecutor to the prosecuted. And if the prosecuted was proved guilty he or she was to pay only monetary fine or compensation instead of being jailed as was the earlier provision under FERA. FEMA also simplified many of the rules and notified specific time frames for delivering judgments related to violations of foreign exchange rules and regulations and provide rules for establishing special tribunals and forums to deal with such cases. Th e compounding rules were also made less stringent and all matters related to compounding rules were notified to be dealt by Reserve Bank of India (RBI) instead of the previously assigned Enforcement Directorate. RBI was made the designated Compounding Authority in all related matters. Only the cases involving hawala transactions were left from its purview As per Mecklal and Chand