Friday, December 27, 2019

How to write a book report without reading the book

Proved Way That Guides You to Writing an Essay on a Book You Haven’t Read Are you the one who is always confused when it comes to writing a book report? This task requires a tangible piece of time. Two in one – book reading and essay writing – sounds dreadfully? This is when you surely open the search line in your browser and look for the most effective answer and a proved tip on How to write essay on book I didnt read. If you are some sort of a procrastinator – that as sure as fate doubles your challenge. Probably there is a little time left for this not-as-simple-as-you-desire task.  We will spill some proved tips gathered in one place to help you write an essay on a book you haven’t read within several hours and get the best possible result. So here you are. Lets take four or five hours to read all the necessary stuff. This amount of time should be enough. Mind that it, of course, depends on the lengths of the book you need to study and your own speed of reading. So be conscious, take all your passion in your hand, wake up the inspiration deep within and go ahead. But first, lets think over. Is it a good idea to look for the similar works one the web As they say, if you do not know what to do – ask your pocket library, namely search engine. It is more than 50% likely that other people have already written their essays on the same or a similar topic. But be conscious. Do not give in to temptation of a plagiarism! Instead, follow the  others’ examples and use them only for the inspiration. However, it’s up to you anyway. So lets get to the point and check out our tips on how to write a book report yourself, quickly, and at your best. The count has started. Go through the book briefly, but scrupulously You probably want to make the things easier and read the first and the final chapter to get some sense of a story? To understand the whole idea, you need to take a look at more pages. We recommend that you read the first paragraphs of each chapter of your book. Depending on paragraphs lengths, it can take you from two hours to learn all the chapters briefly. This is the crucial rule you have to follow for writing an essay on a book you didnt read, which is much shorter and faster than reading the whole book. Lets assume, the approximate number of pages is 300 (plus-minus several dozens of pages) with 15 chapters, relatively. Reading the first and the last pages of it may require from an hour and a half to two-three hours, which is dependent on a speed of your reading. Read with a pen in your hands Use a proved rule of thumb – make notes while reading. It will help you with the very first draft of your future essay. You can forget something important afterwards, especially when you see the blank paper in front of you. Arm yourself with the most important information at once. It can take your time in the process, but it will save a good piece of it in the end. In order to avoid making notes blindfold, reread and check out the requirements of your essay and find out what information to look for. This will increase your effectiveness. Make notes in the most handy way for you – write out, underline or use stickers, etc. Two or three hours left and more than a half of the path is gone. You have two or more hours to write a book report and summarize everything on paper. Make your first draft Once you are done with so-called generalized reading, you can move on to finishing your first draft. Namely finishing, because youve almost done it in the process, written down the most important information and ideas for the relevant sections of your report. Dont forget to keep your eye to the required formatting. Spend the time left for improving your first draft and make it clear according to the requirements. Does it match to the words and pages count. How about the style and the content? Are you satisfied yourself? 60-90 remained minutes should be enough to finish it and start revising mistakes, misprints or rewriting the parts you find not appealing. Once youve read this studenthacking instruction, close it and start working on your task. Try to focus only on the present moment and do what you should do. Otherwise, interfering with different issues will take much more of your time and reduce your effectiveness. So do it. Or Write your report about any book with us! We hope that you have found our tips useful and they will help you write a very good report in the short term. We put all our experience in one place to give a comprehensive answer on your question How to write essay on a book I didnt read, but still these recommendations do not guarantee you success, especially when you are running out of time and the task itself is not the easiest for you. Counting on Google also makes not much sense, because of some evident reasons. Theres no one to prove that the given results will respond to your needs while surfing on the Internet, especially when your task is related to writing character analysis essays. Besides, a risk to find the works of poor quality or with incomplete information is what adds to this problem. Writing an essay on a book from scratch is a decision that can save the situation. Feeling not enough passion for doing it itself, you can always count on our help and write your report with us. We will find an experienced writer, who is not only familiar with the book, but also competent at the task. This means that you will receive a profound essay, written in accordance with all the requirements. Once ordered, our pros will save you from bad essays and meet the specified deadline. So dont bother and apply for professional help today.

Thursday, December 19, 2019

The Effects Of Stress And Stress On Health And A Sound...

Introduction Trauma and stress are part of everyone’s life. At some stage or later in life, individuals experience some situations that alter their life in a great deal. The term stress is used by many people, which describes some unusual events that change the behavior of a person towards a specific scenario. Many times, the term stress is used to describe the condition of the person which is inappropriate. While stress is an ongoing and part of everyday life, it is essential that every person learns to manage stress on a regular basis. Managing and coping with stress is linked to improved health and a sound life. There are many strategies by which a person can manage stress. Some people tend to manage stress while others are on a medication to cope with the stress and helps them to control it. Post-traumatic stress disorder is a kind of stress and anxiety disorder which develops in a person when he experiences one or more traumatic events in his life. These events might be related to severe accidents, the death of family and friends or any other threat to a person’s life. The behavior of individual sufferings from post-traumatic stress disorder is generally seen ignorant or distanced from other individuals typically with those who are associated with stressful situations. An example that would be appropriate in this regard would be an individual who has survived from a veteran war will avoid stories related to war because it brings back disturbing memories and adds toShow MoreRelatedNoise Pollution Essay1248 Words   |  5 Pagesmajor types of pollution such as water pollution, air pollution, solid waste, radioactive and nuclear energy, and lastly noise pollution. Noise pollution, or environmental noise, is displeasing sound created by humans, animals, or machine s, that disrupts the activity or balance of domestic and animal life. 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Most people don’t realize or understand the amount of stress they are under. What used to be considered extreme levels of stress has become normal in today’s society. Most people, adults especially, don’t realize that teens largely experience these high levels of stress. Before talking about the stress that teens experience, though, it is best to understand what stress is and why one has it. Stress is a naturalRead MoreHow Has Classical Music Changed the World1724 Words   |  7 Pagesreduces stress. Although Classical Music hasn’t significantly changed or impacted the world; there are some benefits to listening to classical music. No matter what type of music you listen to now on any radio stations, whether it is pop, hip-hop, rock rap, or ramp;b, chances of that music staying the same and being around for the next couple hundred years are very slim. Music of today is always evolving and changing; but at the same time, you will still be hearing the timeless classic sounds ofRead MoreEssay on Listening to Music as a Stress Reliever for Teenagers1623 Words   |  7 Pages More than 2000 years have passed since humans discovered music. Music is an art of sound in time that expresses ideas and emotions in significant forms through the elements of rhythm, melody, harmony, and color (anonymous, 2014). It started out as a simple striking of materials that produced sounds and was later developed with the inventions of musical instruments such as stringed instruments. The development of music evolves from prehistoric until the present period of time. Music has been very

Tuesday, December 10, 2019

Communication Audit of BHP

Question: Discuss about the Communication Audit of BHP. Answer: Introduction Communication can be defined as the exchange of information through one or the other medium. Communication is used to convey ideas, thoughts and actions verbally by speaking and writing or non-verbally through actions (Habermas, 2015). It is one of the strongest aspects for an organization to succeed. Internal communication that happens between the employees of various levels in the organization and external communication that happens with the shareholders, clients, news media and general public are all required to be effective and consistent (Grunig, 2013). A communication audit can be used to evaluate how well an organization communicates. This can be used to understand the strength and weakness of the organization thereby providing an opportunity to improve further communication (Popescu, 2016). Communication audit can also be used to understand the gap in communication (Roper, 2012). For example Toyota, a leading automobile manufacturer has Quality Revolution as one of its key aspect. However, the company recently had to recall several cars due to issues with emission control units and airbags. Another issue with them was that the communication was made a little too late effecting the trust of clients in the company (Shin, 2014). The above example is easy to understand as the discrepancy in communication can be clearly seen. However, there are several other aspects where communication gaps are hidden and are almost unseen due to other over shadowing aspects of the company, such as employee welfare overshadowed by increasing revenue, environmental damage overshadowed by educating the poor or promise of quality overshadowed by economic products (Harrison, 2015). To ensure that the communication gaps are recognized communications auditors are hired to perform communication aud it (Nicolescu, 2013). The report below is analysis of the CSR policy of BHP Biliton Ltd, an Anglo-Australian company based out of Melbourne, Australia. The report examines BHPs CSR commitment and their current corporate practice to identify discrepancies and make suggestions on how to improve their policy. Understanding CSR Corporate Social Responsibility or CSR are policies adopted into the business models of organizations to perform activities that are beyond the firms revenue interests (Navi, 2012). These activities are usually social activities that invest in the greater good of the community. With the rising threat to the environment several organizations today have adopted activities to protect the environment as well (Clapp, 2014). CSR can also be defined as the way company uses its resources to produce overall positive impact to the society or a commitment by the organization to contribute for the economic development to improve the quality of life of its workforce and the society at large (Carroll, 2015). CSR can also be termed as corporate citizenship that needs investment which may not have a financial gain. However, CSR improves the public image, brand of the company and increases the positive attitude of its customers and shareholders. Companies have been known to negatively impact both local communities and environment for their own gain (Brief, 2016). Amazon rainforests have been for logging and mining effecting the balance of the environment and the hundreds of communities living in this area (Okpara, 2013). Oil spill, water pollution due to chemical contamination, or taking over low livelihood areas to build hotels and buildings are some other examples. All these have indeed impacted the international reputation of companies (Preuss, 2013). CSR is one way of making up the negative effects. Instead of vacating the communities, organizations today are trying incorporate these communities into the CSR policy, by providing education, building medical centers, providing sanitation and so on. Corporate Social Responsibility in several companies is seen as a burden or a distraction. These companies usually believe that their sole responsibility is to generate revenue (Schneider, 2012). However, what they fail to recognize is that increase in brand loyalty which in turn would increase the profits of an organization (O'Shea, 2013). CSR not only comprises the need of the organization to be socially responsible, but also incorporates the need to be ethical, loyal and trustworthy in their day to day operations. CSR at BHP Billiton Ltd. BHP Billiton Ltd, headquartered at Melbourne, Australia is a multination mining, metal and petroleum company. The company is the worlds largest mining company and generated revenue close to 61 billion USD in 2015. The organization has understood the importance of CSR of their organization and hence has pledged to help the community in several ways. Analyzing CSR claims in BHPs vision and strategy document Several companies embed their CSR policies in to the values and mission of their organization. This hence, can be used to help every customer understand that the company is indeed socially responsible as these are the first things a customer would go through when choosing a vendor. Below are the list of CSR activities picked from the various documents of BHP. From the Charter The charter of BHP Billiton lists Sustainability, Integrity, Respect, Performance, Simplicity and Accountability as its key values which are also some of the important aspects of CSR (Billiton, 2016). All the above aspects defined how the company would like to function. The embedded concepts of CSR can be related as Sustainability To ensure that the resources are responsibly used ensuring the companys existence in future and the ecological balance. For Example: their The Valdivian Coastal Reserve is the first carbon project in Chile to receive the verification of Climate, Community and Biodiversity (CCB). Integrity Being united with strong moral values, that is to be ethical in its functioning Respect Investing in relations including employees that are mutually beneficial. Accountability Being responsible for what they do From their Introduction The companys introduction states that they believe in operating their assets safely and identify resources that are to be sustained for future leaders of BHP. This is a social responsibility to use the natural resources responsibly not just for the sake of the environment but also to ensure that there are enough resources left for the company to continue functioning It also states that the company is committed to the health and safety of its employees, the environment and the communities BHP operates in. This is the key point in relation to CSR where the company defines its self as socially committed to their workforce, to the community they operating and the environment which is directly affected by the business. The HSEC Framework The Governance of the company has a sustainability committee that reviews and accesses the adequacy of their HSEC Framework (Health, safety, environment and community framework). This committee assists the board in all HSEC related issues including processes, resources, structures and performance standards used for the identification, management and reporting of HSEC risks and the investigation of any HSEC incidents (Billiton, 2016). This system also reports the effectiveness of the current system and makes suggestions whenever necessary. HSEC is also responsible to review the impacts of business decisions on the health and safety of its employees, the community and environment and provide necessary assistance. As a part of HSEC the company has released several documents related several activities to ensure that all HSCE functions are carried out in the company. Aviation Since, several employees are airlifted they have a defined set of safety expectations, technical requirements and critical controls for managing aviation risks. To contract all aviation needs prior approval from Flight Safety Foundation for Basic Aviation Risk standard clearance is required. The mandatory run for any aircraft is to have a dual controls system with two qualified pilots. Community BHP is committed to maintain amicable relations with the community, region and countries they operate in by helping them develop socially and economically. They also work towards reducing any activities that may impact human and social rights. The same is done through identify host communities every five years, analyzing the quality of life there and reviewing their social commitment to understand gaps and opportunities if any. They also believe in preserving the cultural heritage of the community they operate in Human Rights The Company is committed to follow the United Nations Universal Declaration of Human Right. Environment Given their line of business BHP takes major responsibility to maintain a sustainable environment since the growth of the organization is dependent on obtaining and maintaining natural resources. Since they also produce and consume fossil fuels, they take responsibility to reduce their emissions. The company has strict rules against exploring near world heritage sites and within boundaries of International Union for Conservation of Nature Health To prevent occupational illness of its workforce, BHP monitors the health of its employees, and manages all work related injuries by supporting the employees to avoid long-term effects. From BHPs code of business In their code of conduct BHP lays out several rules to ensure the various CSR commitments. These policies are in relation to Employee health and safety, alcohol, drug and tobacco abuse, equality amongst employees, respecting human rights, working with governments whenever necessary, commitment against corruption, working for the environment, engaging with communities etc. (Billiton, 2016).. Overall, being the largest mining company in the world, it is only relevant that the company has made strict policies and rules regarding various entities such as their employees, communities and the environment. CSR Discrepancies and suggestion The BHPs CSR indeed covers a lot of activities that are involved in BHP. There new page is indeed a resemblance to what they have achieved for the society. However, the company has been a part of some major incidents that also have caused significant damage. The first instance is of course the most recent incident of the tailing dam containing mining waste that collapsed into the towns and villages in the Gualaxo River Valley in Brazil. It has been reported that even the emergency alert system did not work. Though BHP was only a partner in this venture, the companys CSR ties it to be responsible for the event. The Brazil team is said to be working on helping the 600 effected families recover. However, there is little progress on the same. Also, a similar issue has occurred in the 1984 when the tailings dam construction was obstructed due to landslides and hence the waste was discharged in to the river Ok Tedi increasing pollution levels in the villages nearby. This hence, is more of a repeat than a disaster. These events usual occur when the company collaborates with other companies. The simple reason for the error is that BHP is not completely responsible for the operations. It is necessary to understand that despite the fact that BHP d oes not have complete control of the project, they need to take care of the safety issues as they are a committed company. Events as such can highly effect the reputation and no amount of CSR can gain the trust of the villagers who were endangered. The company is one of the largest fuel producer and hence understands the significance of responsible usage of fuel and the need to reduce the greenhouse gases. However, not all the subsidiaries of BHP have this facility. Also, the company should take up the responsibility of innovating alternative fuels as a serious task and encourage innovations in this sector. Several companies have issues with higher wages however decisions leading to a workers strike damage the reputation of the company. Employee welfare is one of the key aspects of BHPs CSR. However, BHP Billiton's Spence mine in northern Chile have gone on a 24 hour work strike on May 13 2016, and at Cerro Colorado copper mine on Jan 11 2016. These are just two reports, however, there are several other instances when workers of BHP have gone on strike due to labour negotiations. It is suggested the BHP takes its employees demands more seriously. Although the company has a string for the community policy it is necessary to provide workers with adequate wages given the inflation rate around the world. BHP has also faced issues in regard to human rights when at several instances they have imposed their mining projects in areas where the communities where against the practise. The best example for this is the nickel mining project in Philippine island of Mindanao. Communication is the key in such cases. People living in a land for a long time have a relation with Mother Earth and letting go of these ties can be extremely difficult. Hence, it is the responsibility pf the mining company to explain to the sources how the project would benefit them and provide them with suitable compensation. Conclusion The quote Greater the power, greater the responsibility stands true in every walk of life. Being a multinational company with a billion dollar revenue and business all around the world would also mean greater responsibility towards the society. BHP Billiton has done significantly well in the corporate social responsibility sector. They have embedded their commitment to the society in almost all the aspects of the companys strategies. To ensure the world knows that they takes their activities seriously they have released several internal policy documents that informed how BHP handles the policies related to CSR. They have considered several aspects of the company and made sure that every single person in the company follows these set of rules. However, it is common for a set back or two to line up in the incline of growth. Overcoming these by adjusting the existing polices to accommodate the setbacks will help the company grow. It is also necessary for a company to communicate what th ey believe in the most efficient way and make sure no discrepancies in the same exist. References Habermas, J. (2015). Communication and the Evolution of Society. John Wiley Sons. Grunig, J. E. (2013). Excellence in public relations and communication management. Routledge. Popescu, M., Crenicean, L. (2016). Organizational Communication Audit-Plus Value in Business. Calitatea, 17(S3), 173. Roper, S., Fill, C. (2012). Corporate Reputation, Brand and Communication. Pearson Higher Ed. Shin, H., Richardson, R., Soluade, O. (2014). Assessing sales loss from automobile recalls: a Toyota case study. International Journal of Business Continuity and Risk Management, 5(1), 14-28. Harrison, T. R., Williams, E. A. (Eds.). (2015). Organizations, Communication, and Health. Routledge. Nicolescu, E. (2013). The Need for Effective Internal Audit as Part of Good Corporate Governance Practices. Psychosociological Issues in Human Resource Management, 1(1), 108-113. Navi, S. T. (2012). Corporate social responsibility. Carroll, A. B. (2015). Corporate social responsibility. Organizational Dynamics, 44, 87-96. Clapp, J., Rowlands, I. H. (2014). Corporate social responsibility. Essential Concepts of Global Environmental Governance, 42. Brief, A., o f Conduct, C., Policy, C. S. R., Bribery, A., Policy, C., Mix, P., ... Policy, P. A. (2016). Corporate Social Responsibility. Issues. Okpara, J. O., Idowu, S. O. (2013). Corporate Social Responsibility. Springer Berlin Heidelberg. Preuss, L. (2013). Corporate social responsibility. In Encyclopedia of corporate social responsibility (pp. 579-587). Springer Berlin Heidelberg. Schneider, A., Schmidpeter, R. (2012). Corporate social responsibility. Verantwortliche Unternehmensfhrung in der Praxis, Berlin ua. O'Shea, M., Alonso, A. D., Krajsic, V., Hassanien, A., Dale, C. (2013). Corporate social responsibility. Facilities management and development for tourism, hospitality and events, 147-164. Billiton, B. (2016). Our company. Retrieved August 18, 2016, from https://www.bhpbilliton.com/aboutus/ourcompany Billiton, B. (2016). Governance. Retrieved August 18, 2016, from https://www.bhpbilliton.com/aboutus/ourcompany/governance Billiton, B. (2016). Code of business conduct. Retrieved August 18, 2016, from https://www.bhpbilliton.com/aboutus/ourcompany/codeofbusconduct

Tuesday, December 3, 2019

Should We Abandon Nuclear Energy Essay Example

Should We Abandon Nuclear Energy? Essay Dynamite was invented by Alfred Nobel in order to develop the industry of getting minerals and digging tunnels; however, Dynamite is now widely used in military purpose. Similarly, nuclear energy is undoubtedly a powerful source of energy compared to other conventional fuels such as coal, oil and gas. However, nuclear energy also has a lot of disadvantages, such as nuclear wastes, nuclear plant accidents and nuclear weapons. So before widely use this technology, both pros and cons should be taken in consideration. On one hand, nuclear energy is not renewable, so the problem of nuclear waste is still unsolved. Nuclear waste is a waste produced by radioactive fissions. Unlike normal refuse, nuclear waste can be very harmful to all creatures. Radioactivity reduces over long periods of time, so the waste must be isolated until its radioactive isotopes to decay. For instance, a period of 10 to 50 years will make low-level wastes no longer dangerous. Moreover, wastes from the core of nuclear power plants and nuclear weapons emit large amounts of radiation and it take thousands of years for them to decay, some even longer than 100,000 years. Nowadays, the main approaches to manage radioactive waste is to permanently isolate the nuclear waste from the human environment such as deep burial and space disposal. But none of these methods is permanent solution. (Warren S. Melfort) In addition, a study from a Germany university, the University of Mainz, shows that kids living within a 5-kilometer radius of nuclear power stations have a 60 percent higher risk of cancer, and radiation experts also believe that children living within 50 kilometers of nuclear power stations have an increasing risk of cancer. Spix C, Schmiedel S, Kaatsch P, Schulze-Rath R, Blettner M) On another hand, using nuclear energy is high risky. Though it is generally safe to run a nuclear plant, accidents can always happen. The Chernobyl disaster would be a good example. It was a nuclear accident occurred at the Chernobyl Nuclear Power Plant in the Soviet Union on April 26, 1986. It is known as the most severe nuclear power plant accident in history. The ra dioactive pollution influenced large parts of the Soviet Union, and much of Europe. We will write a custom essay sample on Should We Abandon Nuclear Energy? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Should We Abandon Nuclear Energy? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Should We Abandon Nuclear Energy? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Until December 2000, more than 350,000 people had been evacuated and resettled from the most severely polluted areas; furthermore, the World Health Organization believes that there will eventually be an amount of 4,000 deaths due to the accident because of long term disease such as cancer. (Richard Mould) Thus, even in situations where the nuclear energy is stable, accidents may occur. The Chernobyl disaster caused a huge danger to all of Europe. If accidents like this occur at a bigger plant, then the world can be even more harmed. (UNDP and UNICEF) Last but not least, as mentioned, nuclear fission can create an enormous amount of energy: at an equivalent mass, the process of nuclear fission creates energy in excess of 10 million times that fossil fuel does. As a result, if nuclear weapons were widely used, you cannot imagine the consequences. For instance, during the World War 2, Hiroshima was an important Japanese military centre with a population of almost 300,000. On August 6, 1945, this city was destroyed by a single atomic bomb named â€Å"Little Boy† and some 70,000 people died in the first seconds. Moreover, it is estimated that more than 200,000 people died in the following 5 years due to cancer and other long-term diseases. (F. G. Gosling) Furthermore, nuclear power stations would be perfect targets for terrorists. Although security is emphasized in these places, no nuclear power plants in the world could survive in an attack like 9/11 in New York. The consequences of such an attack could be catastrophic for the world. (Rose Kivi) To sum up, along with all of the disadvantages of nuclear energy, there are some benefits as well, such as nuclear energy do not create carbon dioxide, thus it could be a solution of global warming. However, from what has been discussed above, the disadvantages outweigh the advantages. Therefore nuclear energy should better be reserved for the future, when the technology is more developed.

Wednesday, November 27, 2019

Reasons for the Popularity of Fast Food Restaurants Essay Example

Reasons for the Popularity of Fast Food Restaurants Paper Causes of Fast-Food Restaurants Popularity In the United States, the popularity of fast food restaurants is growing every day. Nowadays people can buy a whole meal in those restaurants for just three dollars. The fast food restaurants have been considered to have poor health benefits on the people who consume it regularly. American people consider that fast food restaurants make their life easy and uncomplicated. The popularity of this type of restaurants is increasing because of two main causes; low cost and fast service. One of the most important causes is the low cost. The fast food restaurants offer many different meals at very low prices, which make thousands of families in the United States to choose this type of restaurants as their best option. The most popular fast food restaurants such as McDonalds, Burger King and KFC offer kid menus, special limited offers and games that keep their costumer very happy and comfortable with their menu options. The fast food restaurant can be enjoyed by people of all ages who love junk food. The second cause is the fast service. Thousands of people don’t have time to cook at home because they have many things to do at the same time. For example; most women in the United States have to get up very early in the morning to prepare their children for school, among others things. They divide their time between their jobs and their responsibilities as wives and mothers. We will write a custom essay sample on Reasons for the Popularity of Fast Food Restaurants specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Reasons for the Popularity of Fast Food Restaurants specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Reasons for the Popularity of Fast Food Restaurants specifically for you FOR ONLY $16.38 $13.9/page Hire Writer > The fast food restaurants have become their best option at the time to take a breakfast or lunch to go. This type of restaurant offers a quick service which is very convenient for their busy lives. The fast food restaurant is a very good option if it is not eaten frequently. Low cost and fast service make those restaurants improve their service every day. In my opinion, I like the fast food restaurants, but my advice for everyone is to visit this kind restaurant with moderation.

Saturday, November 23, 2019

The Pros and Cons of the Federal Reserve Essay Sample

The Pros and Cons of the Federal Reserve Essay Sample es in the United States economy and produces many publications. An example of a publication made by the Reserve includes the Beige Book (Pozen 56). Structurally, the Fed consists of a Board of Governors appointed by the Head of State. Another name for the Board of Governors includes the Federal Reserve Board. Other parties appointed presidentially include twelve regional Fed banks situated in big cities of the United States of America. In addition, other presidentially appointed bodies in the reserve include the Federal Open Market Committee (FOMC), several American member banks and different advisory councils. A fundamental committee in the Federal Reserve includes the Federal Open Market Committee. It is a crucial body in this reserve since it sets monetary policy. Moreover, it comprises of all the seven Board of Governors members as well as the twelve presidents of the regional banks. Out of twelve residents of the regional bank, only five of them are legible to vote at a particular time. These include the president of the New York Fed and four other presidents. These four rotate through one-year terms each. There exist both public and private components in the Federal Reserve System. The foundation of this reserve was encouraged with a crucial aim of serving both private bankers and the public. Therefore, the structural characteristics of the Federal Reserve stood out as unique as compared to other central banks within the state. Another factor that tends to emphasize the unique nature of this bank includes the fact that its currency is made by the US Department of the Treasury (Wells 76). The Board of Governors defines the Reserve as an independent body due to the fact that the Fed makes its monetary policy resolutions free of the approval of the president. Furthermore, these monetary policy resolutions occur without any further approval from members of the legislative or executive branches of the government. Next, it receives no appropriated funds from the Congress. Finally, all the terms of the participants of the Board of Governors span many congressional and presidential terms. All the members of the Federal Reserve Board get appointed by the Head of the State and affirmed by the senate. These also include both the chairperson and vice chairperson of the Board of Governors. Although this occurs as a privately owned body, the government still possesses a hand in its management. For instance, the government possesses the duty of establishing the salaries of the high-level members of the reserve (Broz 34). The reserve possesses numerous advantages especially to the economy of the USA. Several advantages were described in the above section of this essay. However, it is vital to look into these merits in a detailed manner. This enhances the better understanding of the reserve and its characteristics. The first benefit of this reserve includes the fact that it provides maximum employment opportunities to the state. Citizens of the United States of America possess the ability to access employment through the Federal Reserve System. In addition, the reserve offers highly payed jobs for the high-ranked employees. Moreover, most of these high-level members have their salaries determined and set by the government. Some of the members that benefit in this manner include the bank presidents and all the participants of the Board of Governors. The readily available job opportunities also largely raise the standards of living of the employees. High salaries paid to the members also increase the efficiency of service provision by this privately owned bank. The Federal Reserve also appears as a fundamental body since it ensures stable prices in the state. This helps in maintaining the financial stability of the state (Gup 24). Another vital role of the reserve that is fundamental to the state includes the fact that it loans money to banks at a 0% interest rate. Therefore, this enables the rapid growth of the banks and other institutions. As stated earlier, this bank works on controlling and adjusting banking institutions. In addition to that, it offers financial services to the depository institutions. Furthermore, it offers financial services to other foreign official agencies and the entire government of the USA. All these services help in improving the economic state of the nation. Eventually, the living standards of all the citizens are improved. This occurs since they possess the capability of accessing loans at a 0% interest rate. This offer of the Federal Reserve System appears to be one of its most fundamental advantages. The Reserve is a private bank that should have only the private service. On the contrary, it serves both in private and public sectors. This breaks the boundaries of its functional boarders thus, enabling a range of service provision (Virginia 49). To that effect, the Federal Reserve appears as a fundamental element of the growth of the states economy. It carries out duties that occur crucial to the economic state of the nation. In addition, it serves both the private and public sectors. Thus, it does not base its functions and services on the basis of the fact that it is as a privately owned Bank. The Federal Reserve Board views this institution as a more fundamental one than all the other government elected central banks, since its functional benefits tend to surpass those of the government elected central banks. All the above-mentioned merits of the Federal Reserve prove it crucial nature to the economy of the United States of America. It is as a financial body that the state requires in order to fight problems of unemployment and high interest rates charged on loans by other banks. However, as much as the Reserve appears as a fundamental entity to the state, it also possesses several demerits. First, one of the main aims for which this bank was established included avoiding financial panics within the state. The bank intended to carry out this responsibility by evening- out the business cycles. Since the Fed encountered over-leverages and many bets, it failed in this duty. This occurred since the Reserve is the only central bank offering such a kind of services. Thus, most of its roles and functions end up unfulfilled due to this. The bank turned out to be immensely vulnerable to failure since it offers more credits to its customers than the returns it gets. Due to its unique nature, the Reserve poorly plays its role in enhancing competition in the banking sector. The Fed Board states that this bank offers loans with a zero percent interest rate. Such a policy kills the effective competition that should exist amongst different banks. The wealth and power of the central bank appears to be at a rather minimal rate. This occurs since it offers high loans with fewer returns from its debtors. It formulates its banking policies independently, not considering its own political power. This places the Reserve in a risky financial position. Other disadvantages of the Federal Reserve System tend to influence directly the citizens of the state. This occurs since the bank controls the monetary policy. In addition to that, it possesses the role of printing all the money within the state. This appears risky to the citizens since the Fed possesses the power over the government and countrys economy. Thus, it can destroy the currencies in order to suit its own benefits. Eventually, this may bring raise to a wave of inflation that may distort any semblance of the purchasing power. In addition, the existing corruption amongst the members and employees of the Federal Reserve can lead to a drastic collapse of the states economic. This can occur since the members of the Federal Reserve serve in the bank for a period of fourteen years. This period is long enough to destroy the economic state of any country or state. The government of the United States of America pays less attention to managing policies of the Federal Reserve. This occurs since the state avoids destructions in the functioning of the Reserve. Moreover, the bank possesses a fundamental responsibility of lowering inflation within the state. In its efforts to carry out this role, the Reserve tends to raise the interest rates. However, this act of raising the interests to reduce the inflation rates faces detest from the Congress. The Congress finds this step as a politically unpopular move. In addition, some economists claim that the trend of raising interest rates in the event of inflation might pose a risk to the economy of the state. All the alterations, carried out by the Reserve, have a long-term effects on the economy of the state. Furthermore, the bank portrays a monopoly structure in the banking industry. Thus, it establishes its own lending rates instead of letting the market affect the rates. This further lowers the competition among banks in the banking sector. Policy makers in the Federal Reserve lack the required up to-date information to enable them work on the current situation in the economy of the state. The Congress formed this reserve. Thus, the Congress possesses an upper hand in making some of the crucial decisions. The government carries out little follow- ups on the trends of the reserve. Despite this, the reserve still possesses a key role in providing a more flexible, safe and stable monetary and financial system. It ensures that the inflation rates remain low throughout the year. It does this by raising interests, although the Congress views this trend as a politically unpopular move. In conclusion, the Federal Reserve refers to a central banking system in the United States of America. It possesses some fundamental roles in maintaining a stable economy of the state. Some of its roles and responsibilities include ensuring maximum employment, moderate long- term interest rates and stable prices. The overall functions of the reserve increased in the past decades. Some of the additional functions of the bank include carrying out the monetary policy in the state and ensuring financial stability of the state. It does this mainly by increasing the interest rates in the event of inflation. In addition, the reserve works on foreseeing any future depreciation in the economic trends of the state. Hence, it takes the necessary precautions to avoid the negative outcomes. To summarize the pros and cons of the Federal Reserve, it occurs crucial to note that this body plays an important role in regulating the financial conditions of the state. Despite the fact that it acts as a private entity, the reserve offers financial services in both private and public sectors. Other bodies that benefit financially from the Reserve include the government of the United States and foreign investors. However, the Fed still possesses a number of disadvantages. One of the main disadvantages includes the fact that it does not encourage competition in the banking sector. Next, given that it acts as the sole maker of monetary policy, it may pose risks on the citizens. The Reserve acts as the only bank that makes money in the state. Thus, this gives it an upper hand over the government. Moreover, the bank may use this opportunity to distort the currency in order to suit its own financial desires. Hence, as much as it works on regulating the states financial well-being, several measures should be taken in order to avoid the financial calamities the bank may bring.

Thursday, November 21, 2019

The Book of job Essay Example | Topics and Well Written Essays - 1000 words

The Book of job - Essay Example ’s friends, Eliphaz, the Temanite, begins his counsel by asserting the idea that the innocent are free from suffering while the wicked face constant affliction. Eliphaz reinforces his opinion by presenting a vision he had in the past. Reprimanding Job, Eliphaz commands Jobs to ask for God to forgive him, while reminding Job of the potential benefits that would accrue to him if he repented (4.1–5.22). However, Job defends his remarks by referring to all his agonies and reaffirms his longing for death. Accusing his friends as a â€Å"deceitful brook,† Job challenges them to identify where he has sinned, and then proceeds to complain to God, asking him numerous questions (6.1–7.21). The second friend of Job, Bildad, the Shuhite, comes into the scene rebuking Job for his strong altercation. Bildad emphasizes that God acts justly, by claiming that Job’s sons perished out of their own wrongdoings. He recommends purity to Job so that Job can receive God’s Blessings. Bildad further argues that the wicked have no God’s support whereas the blameless shall forever remain in God’s grip. According to Bildad, God would restore the laughter and rejoice that had deserted Job, upon repentance (8.1–22). In his counsel, Bildad reassures Job that â€Å"God will not cast away a perfect man, neither will he help the evil doers† (8.20). After Bildad’s counsel, Job concurs with him, but his main worry is what it takes for a person to be righteous before God owing to his wisdom and power. To this point, Job continues with his complaint citing God’s inaccessibility and holds that God annihilates the wicked and the blameless equa lly. Job laments about the absence of a mediator as his main reason to reach God, and lets out more questions to God (9.1–10.22). Job’s persistent complaint brings in his third friend, Zophar, the Naamathite, who rebukes Job for his harsh and strong words. He says that Job has faced less agony than he deserves, and should seek ways of casting