Friday, August 16, 2019
Behaviorism, Cognitivism, and Cconstructivism
Without going in to details, learning isâ⬠a permanent change in behavior.â⬠(Burns, R, 1995) and can be gained through observation or interaction. These include behaviorism, cognitivism, and constructivism. In this paper we are going to comprise and have personal reactions toward these three schools of thought. ââ¬Å"Is there any best method in teaching English?â⬠. This is the commonest question that English teachers raise. Most teachers try to be the best in their classrooms, but they even don't know how. Obviously, there is no best method to use in teaching English; we should take all of them in to consideration and manipulate the fruitful points. According to scholars in cognitivism and constructivism students are responsible for their own knowledge; experiences, cultural and social aspects are so important in constructing the knowledge and the teacher is a guider. In contrast to behaviorists who know humans as a programmed machine which achieve knowledge through repetition and conditioning. In my opinion, when learners think about an issue critically and have some ideas from different aspects to solve the problems, they understand the idea better, Thus, collaboration and interaction motivate the students; the motivated student has no time to devote to do other unrelated things in the classroom. Therefore, they can work in groups and have explanation or prediction and make sense of current experience. However, we can't deny the role of conditioning and repetition in learning another language. According to elements of observational learning students pay attention by marking and highlighting and as they memorize the knowledge they can remember it easily. ââ¬Å"when individuals are learning a new behavior, they will learn it faster if they are reinforced correct response.â⬠(Woolfolk, A, 2016). Reinforcement plays a really essential role in learning. When the teacher commends the students systematically they have more positive reactions toward their learning. As a teacher who works in ministry of education, I think behaviorism is more dominant at Iranian school. Students and their inner abilities, intelligence ââ¬â according to multiple intelligence theory by Gardner ââ¬â are ignored. The higher level the students are the less creativity and critical views they have. The cultural and social learning (authenticity) are ignored as well. Moreover, group working and collaborating play little role in Iranian schools. Students are not able to predict and organize their knowledge. As they are fed by the teacher they can't use the knowledge they know to understand the subject that they don't know. The focus is most on the operant conditioning and students are likely to memorize the knowledge rather than understand the point. The testing tools also are not that professional in order to evaluate students who are learning through constructivism and cognitivism. The materials which have been covered in the books are not powerful enough to juice up the students discovering abilities and help them to build their own knowledge. In conclusion, as I mentioned before none is superior to another. We have to recognize the advantages of each and use them appropriately. Teachers have to put both students' inner abilities and the effects of habit formation into consideration. But they have to help students to level up their intellectual abilities and build their own knowledge with previous experiences.
Thursday, August 15, 2019
Case Study: What Is Up with Wall Street?
NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Learner: Demetrice S. Campbell | | MGT7019-8| Douglas Buck| | | Ethics in Business| #3 Paper- Case study: What is Up With Wall Street? The Goldman Standard and Shades of Gray| | | Academic Integrity: All work submitted in each course must be the Learnerââ¬â¢s own. This includes all assignments, exams, term papers, and other projects required by the faculty mentor.The known submission of another personââ¬â¢s work represented as that of the Learnerââ¬â¢s without properly citing the source of the work will be considered plagiarism and will result in an unsatisfactory grade for the work submitted or for the entire course, and may result in academic dismissal. ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- ââ¬âââ¬ââ â¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- Faculty Use Only ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â- lt;Faculty Name> Running Head: What Is Up with Wall Street? The Goldman Standard and Shades of Gray What is up with Wall Street? The Goldman Standard and Shades of Gray Demetrice S. Campbell Ethics in Business November 11, 2012 Abstract Case Study of Goldman Sachs What is up with Wall Street? The Goldman Standard and Shades of Gray was a case study focused on the company Goldman Sachs and the unfolding of a horrible decision that affected the economic structure of our bank ing system, stock shares, and the government.Their strategies to make a more successful business, ended with them being greedy for more money and success. These strategies lead to questions of their ethical standards in their business practices. The company was founded by Marcus Goldman and Samuel Sachs in 1869 (Jennings, 2012). The company was supposed to provide loans to small businesses, but instead Goldman wanted to do investments. Greed caused the company to turn a blind eye to what was really going on and this resulted in several downfalls for the company and others involved.The 1929 market crash was one result of the companyââ¬â¢s practices. Rather than doing what was right, Goldman and Sachs just carried on running into many walls. The problem to be investigated is the ethical standards of the company in relation to their investors and the price they pay. Introduction The problem to be investigated here is the ethical standards of the company in relation to their investor s and the price they pay. In the corporate world, business ethics are very important and can be costly. Sometimes ethics can be over looked to motivate people.Ethics should be important elements of our day to day functions. It is important to realize the importance of business ethics if you want your business to grow. This could have a positive or negative impact on the productivity of the company. Business ethics are made up of a lot of subjective topics. Some people think that business ethics are comparative. There are many things that businesses take part in that can be seen as gray area. Gray areas are situations in which the rules are not clear, or you are not sure what is right or wrong.Key items include lying and false representation. Goldman may have committed both these behaviors just to have greed and a successful company. Things that Goldman did that would be in the gray area include: a. Sophisticated Investorââ¬âby definition, it is to escape full disclosure to its c lients. Goldman made offerings to sophisticated investors, but failed to tell the whole story and their position in the investment or the market. Since then, the Dodd-Frank Wall Street Reform Act has better clarified the definition to prevent firms from withholding information b.Analysts and two opinionsââ¬âHe failed to follow the rules on the consistency between the analystsââ¬â¢ internal conversations and their communications and the external recommendations of the SEC rules require because it was for a particular group as strategists. The rules did not apply if their name did not have the word analyst in it. c. Auction rate securitiesââ¬âit took state law to come up with a settlement of these problems. The SEC had difficulties applying regulations and laws to this behavior of bidding up the price and then not buying.The clients were not aware that Goldman was bidding on the securities. Goldmanââ¬â¢s response as well as some others was that there was always investmen t houses bidding in such auctions. d. IPO allocation and structure of the marketââ¬âthis also was eventually settled, but not without the insistent small fines and new rules on IPO allocations and agreements between the clients on second-wave agreements to buy more. e. IPO profitability changes prior to IPOââ¬âGoldman failed to share that the steady drift from three years of profit to one year then down to one quarter.This was sort of a unique legal problem in regards to the profitability standard to one quarter because the financials were available on the dot-coms for the investors to see. Nothing was being disclosed. f. Partnership to corporation structureââ¬âWhen Goldman decided to change from partnership to a corporation, this shielded them from being liable, where as being the principals, you put it all on the line. The move to a corporation with limited liability resulted in riskier practices taken by the firm.Goldman was guilty creating a company and buying 90 per cent of the shares with its own money. This practice made the public want in on the deal not knowing they were being misled. This allowed him to sell the shares he bought for more money; while he buys more shares on the secondary market and causes the share prices to increase. He then turned around and used his money to create another corporation. (Jennings, 2012) Goldman was also engaged in laddering, which is an agreement between Goldman and its best clients for the distribution of a portion of the IPO at a reestablished price.However, under a laddering arrangement, those clients also had to agree to purchase a certain number of shares later during the IPO rollout at a price of $10 to $15 higher. (Jennings, 2012) Goldman also participated in auction-rate markets. He gave loans to executive members in exchange for shares. Many of the issues included the nondisclosure of facts that an investor would have deemed very important in making their investment decisions. Goldman and Sachs w ere guilty of false impression, simply because the investors were not aware of their position in the market.There is also the point of moral vulnerability and how allowing AIG to be bailed out provided a cover for Mr. Goldman and his sneaky business practices. Then there is the ââ¬Å"too big to failâ⬠issue, this is important because the investors were the one who lost money, not Goldman. He was protected. The front page of the newspaper test was a winner in this case because the headlines did not prove to be flattering for Goldman. The Senatorââ¬â¢s questions reflected the struggle of the people who were trying to understand how and what Mr.Goldman had done complied to the law, but still come across as a deceptive practice. The law is only one part of the ethical analysis. Goldman failed to think through the consequences of additional regulations, the fines that would be involved, and the clients because of the perception that he could not be trusted and may not always be acting in the best interest of the client. There areas affected by the Goldman model and gray areas include: investors, the market, the U. S. conomy and the global economy, AIG, AIG investors, employees of AIG and other companies and investment banks that had to be dissolved or acquired or reduced in size, employees of dot-coms, beneficiaries of donations by companies and investment bankers, nonprofits also were affected because they had their endowment funds invested, real estate markets because of the impact in value, all those affected by a slump in the real estate market including real estate agents and brokers, contractors, furniture and window covering companies, decorators, landscapers. A little of everything was affected by these strategies and gray areas.Some of the people that were effect by Goldmanââ¬â¢s decisions were his clients as well as some of the top employees, such as Lloyd Blankfein. (Jennings, 2012) Investors thought they were going to receive money on their purchase. No employee or officer should take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts, or any other illegal trade practice. (Jennings, 2012) The main factors that contributed to the way that the employees, executives, traders, and advisers made their decisions were money and political power.The idea of being ââ¬Å"Filthy rich by 40,â⬠and the enticement is what produced so many millionaires so early in their lives. Many companies are cutting back on their financial-incentive programs, but there are many things that can be used to motivate employees. Goldman worked ââ¬Å"toes to the lineâ⬠culture, always looking to find the next big loophole available. The culture was also, ââ¬Å"If it is legal, then it is ethicalâ⬠; which is not always the case. (Jennings, 2012) Goldmanââ¬â¢s behaviors are a typical image of Carrââ¬â¢s theories. (Jennings, 2012) Could it be bluffing of Goldman to not reveal their positions or were they just tricking innocent people?Not everybody is aware and knowledgeable of the rules of the Wall Street. The larger investment bankers clearly were aware because of their own involvement in IPOs to auction securities to their structuring of the CDOs. However, these investments made their way to the retail level where the knowledge base was nonexistent. Goldman and others believed them to be sophisticated investors by definition and it was unnecessary to share. However, that definition has now changed and more disclosure is required because they obviously did not understand the double positions.This is saying that the culture that existed at Goldman before will stay the same. The drive to be successful and the fact that Goldman does not feel that its client base will be affected is why things will go on as business as usual. In other words, Goldman emerges with a fine but little remorse and a plan to go forward with the status quo. It does not seem as if any lessons were learned. Compare & Contrast Senator Collins has made clear that there was no legal fiduciary duty, but she questioned whether Goldman needed to act in its clientsââ¬â¢ best interests as an issue of good business practice.The discussion states, Goldman struggled with that answer and could only come to the conclusion that it was ââ¬Å"an interesting idea. â⬠Goldman had a mentality that only the strong can survive in the markets. However, he did not take into account that with new regulations and the changes in the market; he could no longer engage in those legally gray areas and would be obligated to compete on a different foundation other than his normal loopholes Conclusion Business ethics are very important to have but sometimes they can conflict with personal ethics.Owning a business can be a risky task. You have to make the decision of what is more important to you, is it the money that drives you or the will to do what is right and ethical. Goldman was not producing but he trick the investors into giving money without every showing anything. This is a very common thing that most investors never realize until they have lost millions of dollars. References Jennings, M. (2012). Business ethics: Case studies and selected readings. (7thà Ed. ). Mason, OH: South-Western Cengage Learning.
Wednesday, August 14, 2019
Outsiders Book and Movie Comparison Essay
The book and the movie of the Outsiders are two very different stories. The book has so much more detail then the movie. The movie is not the most detailed but it does get its point across. There are may similarities and also many differences between the two the book is by far more interesting and more detailed then the movie. I enjoyed the book a lot and the movies a lot but the movie was missing a lot. A few similarities between the movie and book are that the movie still has the complete Greaser gang Pony, Johnny, Soda, Darry, Dally, Two-Bit and Steve. They still have some of the more sad part like when Johnny and Dally die. There is still lots of conflict between the Greasers and the Socââ¬â¢s. There is still the situation where Johnny kills one of the Socââ¬â¢s and Johnny and Ponyboy both skip town. They still go to the church and hide out for 5 days. They still save the little kids from the burning church house. They still have the rumble and they also still win it. The settings are both still the same they both take place in Tulsa Oklahoma in the mid 1960ââ¬â¢s. They both still have the same conflicts and the same out comes to the conflicts. Both the book and the movies are very much alike. There are still a few differences like in the book, there is a rich west side and a poor east side. In the movie, there is a rich south side Soc and a poor north side Greaser. Darry doesnââ¬â¢t treat Pony as bad in the movie as he did in the book . Pony takes the death of Johnny and Dally a little less harder the movie then he did in the book. The movie dosenââ¬â¢t mention Sodapops horse Mickey Mouse. Sodapop and Dally arenââ¬â¢t blonds like they are in the book, instead they are brunettes in the movie. The church that Ponyboy and Johnny run away to isnââ¬â¢t on a hill it is just out there. The movie also never mentions sodapops girl friend. In the book Soda gives Ponyboy money while in the book he didnââ¬â¢t. Also the book was written in Ponyboyââ¬â¢s perspective and the movie was not, the movie was written in everyoneââ¬â¢s perspective. In the Movie the Socs were from the South instead of the West. Ponyboy doesnââ¬â¢t smoke as much in the movie as they said so in the book. Ponyboy Curtis in the fourteen-year-old boy that explains the story in both the book and the movie, and also the youngest of the greasers. Ponyboy is ery intelligent compared to the rest of the gang he is most defenatly the smartest to them all. Because his parents have died in a car accident, Ponyboy lives with his two brothers Darry and Sodapop in both the book and movie. Darry repeatedly accuses Ponyboy of lacking common sense in the book more so then in the movie, but Ponyboy is a much brighter then his brother takes him for. Throughout the novel, Ponyboy struggles with class division, violence, innocence, and familial love but in the movie they dont focus on his school as much. He matures over the course of the book and the movie both. Darrel Curtis Ponyboyââ¬â¢s oldest brother. Darrel, known as ââ¬Å"Darry,â⬠both in the book and in the movie. He is a twenty-year-old greaser who is raising Ponyboy because their parents have died in a car crash. Strong, athletic, and intelligent, Darry has quit school in the book and in the movie. He works two jobs to hold the family together. One of the leader of the greasers, he becomes an parent role model for Ponyboy. He also makes good chocolate cake, which he and his brothers eat every day for breakfast in the book but the movie really does not mention it. The other greasers call him ââ¬Å"Superman. â⬠Sodapop Curtis Ponyboyââ¬â¢s fun, intergetic, handsome brother. Sodapop is the middle Curtis boy. Ponyboy admires Sodapopââ¬â¢s good looks and charm. Sodapop is really a great person in both the book and the movie his plans are to marry Sandy , a greaser girl. Two-Bit Mathews The joker of Ponyboyââ¬â¢s group. Two-Bit, whose real name is Keith, is a wise-cracking greaser who regularly shoplift he gets in trouble a lot more in the movie more so then in the book. He loves his sleek black-handled switchblade so much in both the book and the movie. Dallas Winston the toughest hood in Ponyboyââ¬â¢s group of greasers. Dallas, known as ââ¬Å"Dally,â⬠is a big bad teen who used to run with gangs in New York shown both in the book and the movie. He has an elfin face and icy blue eyes and, unlike the others he do not put grease in his white-blond hair. Dallyââ¬â¢s violent tendencies make him more dangerous than the other greasers in both the book and the movie, and he takes pride in his criminal record more so in the book then the movie. Sandy is Sodapopââ¬â¢s girlfriend in both the book and the movie. Sandy is pregnant with another boys child and moves to Florida to live with her grandmother in both the book and the movie. Like the other greaser girls, Sandy only is shown in the book and the movie when the boys mention her. Cherry Valance Bobââ¬â¢s girlfriend, she is a Soc cheerleader. When one night Ponyboy meets her at the movies in both the book and the movie. Cherryââ¬â¢s real name is Sheri, but people call her Cherry because of her red hair. Ponyboy and Cherry have so much in common, and Ponyboy feels comfortable talking to her more so mentioned in the book then in the movie. This is why I say the book of the Outsiders is far better then the movie. The movie is missing lots of detail and the book is far more interesting then the movie.
Tuesday, August 13, 2019
INTRODUCTION TO LAW AND LEGAL REASONING Essay Example | Topics and Well Written Essays - 1750 words
INTRODUCTION TO LAW AND LEGAL REASONING - Essay Example This paper will critically analyse the above statement that legal interpretation is arbitrary and that judges rely on a variety of techniques to reach the conclusion they prefer rather than using a set of pre-existing rules or standards. An arbitrary decision can be defined as one that is determined by impulse and chance and not by reason or principle. This type of decision is made based on individual judgment or preference.1 When one states that legal interpretation is arbitrary, he or she means that the interpretation of law is made based on oneââ¬â¢s judgement or preference as opposed to the use of reason or principle. One problem that characterizes the decisions that are made by judges is that no one apart from the judge clearly knows the basis of those decisions. A judge might cite several aspects from which he or she makes the decision. However, this might not be agreeable to all people2. Generally, the law states that a courtââ¬â¢s decision on a certain problem or case must be reached by looking at the available evidence. When a defendant is sued by a plaintiff, the plaintiff should use evidence to prove beyond reasonable doubt that the defendant is guilty3. The defendant should also prove beyond reasonable doubt that he or she is not guilty of the accusations laid against him or her. If this were followed, when decisions are based on this aspect, then it would obviously mean that legal interpretation is not arbitrary. However, an important question that comes up in this respect regard whether judges apply this rule to all their decisions. This is a difficult question to answer because normally the decision comes from the judges and they are the ones who know what they look at before reaching the decision4. The concept of interpretation of the law has different senses. Many factors can determine how an interpretation is made. Interpretations are made from everyday language that legislators use as
Monday, August 12, 2019
This casestudy is under the course of Market Analysis Case Study
This casestudy is under the course of Market Analysis - Case Study Example smaller brands have fewer customers who purchase less often, low market share, low penetration, and slightly lower loyalty: lower SCR, lower % of solely loyal. According to the table 2.1, it shows the second large of market share category is Little Barrel. High peak need to take over Little barrel. The first question that this analysis would seek to address is whether little Barrel as a brand of High Peak has normal loyalty. Considering that the Little Barrel has a lot of similarities with the products of the same category, it is expected that competition will be high. This notwithstanding, shoppers behavior will demand that they show loyalty to specific brands. (Chee, Ken, and Adam Wong, 24) Such shoppersââ¬â¢ behaviors have been demonstrated through Dirichlet model which indicates that brands that consumers tend to buy are those that they feel loyal to. (Chernev, Alexander, 26) This behavior disregards the fact that some consumers may buy other brands as well, but the rate at which they buy specific brands indicates the loyalty they have to the brand. (Chee, Ken, and Adam Wong, 24) To understand whether the Little Barrel has normal lo yalty brand, it is critical to understand ways upon which loyalty can be measured, this will give clear indications of the competitiveness of the brand in comparison with other brands in the category. The key way in which loyalty is measured is through the product penetration particularly on the basis of the sale volume and the market share. (Dalgic, Tevfik, 15) Based on all factors that point to that direction, it is clear that Little Barrel has a normal loyalty. Comparing the penetration level the brand has. The next consideration that needs to be examined is whether there are niche brands in the market. Niche branding may also be referred to as the narrow branding. (Dalgic, Tevfik, 16) This is the strategy through which a brand connects with individual customers which it targets. The strategy is in most cases seen to be
Tourisme in Dubai Essay Example | Topics and Well Written Essays - 500 words
Tourisme in Dubai - Essay Example In fact, the author quotes that, ââ¬Å"Decisions about tourism were made against a background of falling oil production and a keen sense of the urgency of economic diversity (Henderson 91).â⬠The source relates the growth in tourism in Dubai to heavy investment and extensive marketing. Ultimately, the source discusses the factors, which promote tourism in Dubai and the challenges that might hinder future tourism in Dubai. The article is an effective source of information in studying tourism in Dubai. Indeed, the source is authoritative since it resides in an international journal, International Journal of Tourism Research. As such, the information contained therein is internationally accepted and applicable in research. Moreover, the source uses a simple, international language, which is understandable at my basic level of expertise. At the same time, the information contained in the source addresses tourism in Dubai, which is relevant to the research topic and the thesis statement. Actually, the source quotes that, ââ¬Å"As such, Dubai merits examination and this paper explores the pattern of development there and its underlying dynamics within the context of factors that are critical to destination development and barriers obstructing such a process (Henderson 87)â⬠. Furthermore, the source presents historical and factual data in addressing tourism in Dubai. Notably, the source details information up to 2006 (Henderson 89). Although 2006 may not reflect the current tourism situation in Dubai, the information is true and reasonable for this study. Moreover, the author, Joan C. Henderson is a well-known academician. Indeed, the author derives authority as she works for internationally known schools, Nanyang Business School and Nanyang Technological University as an Associate Professor. Moreover, the author has written other academic books. She holds a Masterââ¬â¢s degree in Tourism and has done various researches on Tourism. As such, we can rely on her
Sunday, August 11, 2019
Country project Term Paper Example | Topics and Well Written Essays - 1750 words
Country project - Term Paper Example Further, its poor political dynasty with dominant interest groups and shifting policies to cater for the politically dominant interest groups is reflected on investorââ¬â¢s behavior. At microeconomic level, investors portray a pervasive conduct on both exogenous and policy generated economic risks in relation to income and property. The political-economic has multiple structural vulnerabilities and weakness in their governance (Praeg 86). From time immemorial, Ethiopian economy is controlled by elite kings, usually described as slavery in modern world (Clarke 97-101). Private ownership of lands had never been heard of until 1970ââ¬â¢s, with inequitable land holdings of the country under the slogan, ââ¬ËLand to The Tillerâ⬠where the state ended up owning lands itself instead of giving it to the people. Though the state controls land ownership, rural peasants and pastoralists are guaranteed a lifetime of ââ¬Å"holding rightâ⬠, while urban residents are guaranteed the right to get land for residence for 99 years lease based; these rights gives all rights to the people of Ethiopia except sale and mortgage right. However, from 1974 during the fall of emperor Hailesilassie, land remained public property despite earlier socialist oriented military government to make land property of the people and not the state. At the moment, Ethiopian economic growth is estimated to remain strong in year 2015 under the Growth and Transformation Plan. This plan aims at boosting agriculture as the heart of the country economic growth, promoting industrial development and aiding development of quality infrastructure. However, corruption is a key issue in Ethiopia. Historical background of economic policies reflects centuries of internal conflicts and external threats. Internally, varying customs, religions, and ethnicity served as focal points in the contest for power and control of economic resources (Adejumobi 187). Externally, regardless the fact that the country has
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