Monday, August 24, 2020

Reporting and Analyzing Cash Flows Assignment Example | Topics and Well Written Essays - 500 words

Detailing and Analyzing Cash Flows - Assignment Example In any case, the expenses of the stock has expanded, which will cause development of the amortization deteriorations (Murphy, 2000). Then again, if the hardware is utilized all the more adequately, the general creation and activity costs will lower. This non-money speculation is planned to improve the general execution of the Popowich Inc. Giving extra offers is the twofold end stick. From one viewpoint, it deteriorates the previously existing stocks, while then again this will assist with improving the company’s positions available by pulling in speculations. Monetary exercises of the organization are for the most part connected with the time and cash limitations. By the by, the money and non-money speculations of the Popowich Inc keep the organization from stagnation. Notwithstanding the way that the further monetary plans are obscure, if the current inclination is saved, the organization will abbreviate the long-and momentary notes that will assist with diminishing the liabilities. Also, the best possible capital planning will assist with controlling consumptions. As Murphy (2000) accentuates, the staying capital costs are commonly evaluated as per the benefit announced. Consequently, the financing movement of the Popowich Inc depends on the capital planning model. The drawn out liabilities of the organization speak to the positive propensity, as the organization is planned for shortening these purposes of the financial plan. The stockholders’ values are included into the system of drawing in financial specialists. In the light of this reality, it ought to be expressed that the company’s financing exercises structure the positive

Saturday, August 22, 2020

The history of eyeglasses Essay Example | Topics and Well Written Essays - 4000 words

The historical backdrop of eyeglasses - Essay Example Notwithstanding this early innovation, Ilardi shows that that reason it wasn’t accepted that these focal points had been accessible at this previous timeframe lays on an assortment of science-related components, including the late developments of the telescope and the magnifying instrument and a general doubt of the mutilations presented by the glass. He additionally presents the content of the records that had been found which comprise of a progression of letters between Duke Francesco Sforza of Milan to his inhabitant represetative in Florence, Nicodemo Tranchedini da Pontremoli with respect to eyeglasses in which the proof exists for the discount utilization of these specific focal points in adjusting vision if not in science. Befuddling the issue with respect to the birthplace of the eyeglass, however, are reports in China of comparable creations coming to them sooner than the Italian innovation. An article from 1936, Kaiming Chiu’s â€Å"The Introduction of Spectacles into China,† makes the case that scenes may have brought into China as right on time as the twelfth century, rolling in from Malacca â€Å"in the Western Regions.† According to the writer, this date was determined by looking at the first reports and investigating the plausible date in regards to when they were composed given what is thought about the life of the writer. This additionally puts displays in China in any event a century sooner than had been resolved dependent on readings of the Western writings, particularly the writings coming out of Italy. A huge piece of the disarray lives in the few printed mistakes remembered for the base work, demonstrated by further date examinations between when a work was composed and when the creator lived. Through this investigation, the creator presumes that while most of exhibitions were presumably acquainted with China in the late fourteenth century because of exchange with Western nations, there is proof that at any rate one Chinese man claimed a set

Thursday, July 23, 2020

The Importance of Trading Psychology and Discipline

The Importance of Trading Psychology and Discipline Trading in the financial markets is a highly technical activity. To become successful as a trader, you need good understanding of the financial markets and how they work, you need a good understanding of the companies you trade in, you need the technical expertise to analyze market trends, as well as a great understanding of the factors that move the market.Still, even with all these technical skills, it is impossible to become a successful trader if you lack one key attribute â€" the trading psychology.The trading psychology is basically the right mindset and the ability to think on your feet, remain disciplined and exercise control over your emotions even when the market is going against your expectations.Wondering why I term trading psychology as the most important attribute of a successful trader?Consider the scenario below.A trader is watching the markets waiting for the right moment to get involved. Naturally, our trader is afraid of losing money, so it is understandable that h e is acting a bit cautiously.He waits for a better support line before getting into a trade, but then he misses the entry and the markets take off without him. Nothing to worry about though.He decides to wait a bit and catch the next wave, but because he is afraid of taking risks, he misses the next entry as well. This happens a number of times.While this is happening, our trader is talking to other trader friends and interacting with other traders in various online forums and groups.All the other traders are talking about the great profits they have made in the last couple of weeks, yet our trader has not entered a single trade.The fear of taking risks starts turning into greed. He starts feeling like he is missing out on all the profits others are making, and he starts feeling anxious and kind of frustrated, even if he has not lost any money.To avoid continuing missing out while others are making money, our trader decides to take a risk next time.Driven by greed, he throws all cau tion to the wind and jumps onto what seems to be a promising trend without conducting due diligence.Unfortunately, the markets turn around.Before, he wasn’t losing any money, but now he is, and instead of taking a loss, he decides to hold onto the trade in the hope that the markets will turn around and allow him to recoup the money he has just lost.Unfortunately, the trend continues, and he loses more money. The frustration of losing turns into anger, and he starts thinking of how to recoup all his money.Assuming that the markets cannot go any lower, he decides to put more money into the trade at this point so that he can cancel out his losses and make a tidy profit, because surely, there is no way the prices will keep falling.But as any successful trader knows, the markets are not rational, so the downward trend continues, and our trader ends up losing all his money.Depending on how much money he lost, our trader might even get into depression.The above is a great illustration of how allowing emotions to run amok can make you lose your better judgment and impact your success as a trader.Every successful trader knows that the markets are constantly testing traders, and anyone without the right psychological mindset and the ability to control his emotions will have a hard time making the right decisions.Aside from having the right mindset, traders also need the discipline to stick to their trading plans and strategies regardless of what the market throws at them. The above illustration is just one example of how your psychology can affect your trades.Below are several other trading issues that are usually caused by a trader’s psychology.Not taking loss: The typical reason behind this is usually that the trader is afraid of failure, which puts his ego at stake.Exiting trades too early: This is usually caused by the trader’s need for instant gratification. The trader is anxious and fearful that the position might reverse, so he decides to close the position to relieve the anxiety.Averaging down: This refers to situations where the trader is unwilling to admit that their trade is wrong. Hoping that the trade will come back, the trader adds onto the losing position. This is also caused by the trader’s ego.Wishing and hoping: This manifests itself when traders execute trades based on their hopes and wishes, rather than following the market situation.Compulsive trading: This happens when a trader gets addicted to trading, in similar fashion to how gamblers get addicted to gambling.Feeling invincible: After a series of winning trades, some traders might feel like they are invincible and in control of the markets. This often leads to risky trades.Second guessing your signals: This is often caused by the fear of failure and the fear of being wrong. Traders who second guess their signals usually have a hard time accepting that loss is a natural part of trading.Trading a large position size: This is often caused by the disillusionment that a trade can only turn out to be profitable, as well as poor risk management.Excessive trading: This is caused by greed, and a need to conquer the market. It can also be caused by anger, when a trader is trying to make up for previous losses.Being afraid to enter positions: This is usually caused by fear of failure, risk averseness, need for control fear of being ridiculed, or lack of a trading system.There are many more trading issues that are caused by the trader’s psychology, but these are by far the most common.When going through the above situations, you might have noticed that majority of psychology related issues are usually caused by three emotions â€" fear, greed and anger.These three emotions play a very significant role in a trader’s psychology, and any successful trader must learn how to put them in check.Let’s take a look at how these emotions might affect your trade.FEARFear is a natural human reaction to anything perceived as a threat â€" in the case of trading, t he threat is the possibility of losing money.The larger the potential loss, the bigger the amount of fear experienced. Fear during trading manifests itself in a number of ways.The most common manifestation of fear is being too afraid to get involved.Like our trader from the example up above, your fear of losing money makes you too cautious, and as a result, you end up missing all your entries.While being cautious is an important trait, being overly cautious to the extent of missing all your entries turns into a disadvantage, because you are not going to make any money in the market unless you actually get into trades.Sometimes, the fear might come when you have already entered a position.Some breaking news about the stock you are trading or the general market might cause a temporary movement in the market.In such situations, a fearful trader might be compelled to exit the position before their preplanned exit to avoid losing money.While such a fear-driven exit will help you avoid ce rtain loss, it also prevents you from making gains once the market recovers from the temporary volatility caused by the news.Alternatively, someone might exit a position early because they are afraid of holding a position for more than a day.The first key to overcoming fear as a trader is to understand that losing is a natural part of trading.It is impossible to trade without losing. Even the most successful traders experience losses from time to time.You can think of loss as the cost of doing the trading business.Once you understand that losing is a natural part of trading, your perspective changes from being afraid of loss to trying to manage your losses.One of the best ways to overcome fear by managing loss is to have a trading strategy. If you trade without a strategy, you are more likely to be swayed by your emotions.Having a strategy, on the other hand, keeps you grounded even when the markets seem to be going against you.For instance, if your strategy wins 70% of the time, yo u will be expecting a few losses here and there.Therefore, having one or two losing trades will not cripple you with fear, because you will be comfortable with such losses.Another way to overcome your fear is to start slowly and gradually build your trading experience. Instead of leaping into the waters hoping to make big bucks, start with stocks that have slow and small movements, and only trade small position sizes.As you get continue trading, you will gain a better understanding of the markets and what to expect, which will make you less fearful once you decide to start taking bigger and bigger risks.GREEDGreed is the opposite of fear.Whereas fear keeps you from trading or causes you to exit out of positions early because so as to avoid loss, greed pushes you into risky trades and causes you to hold positions for longer than you planned to with the hope of making huge gains.Greed is often caused by the fear of missing out (FOMO). This usually happens in one of two ways. The first one is where you see other people making huge gains in the market while you haven’t made any significant gains.In order not to miss out on the gains others are making, you abandon your trading strategy and enter trades at the wrong time.Alternatively, FOMO might also come into play when the market exceeds your expectations.A trend continues beyond your planned take profit levels, and instead of taking profit, you discard your strategy and continue holding the position because you are afraid of leaving more profits on the table.Unfortunately, if the markets reverse, all the gains you had made can easily get wiped out in a matter of seconds.As a trader, overcoming greed can be quite challenging, because it is often caused by the drive to do a little better or make slightly bigger gains.However, there are two main approaches to overcoming greed.The first one is to stop concerning yourself with what your friends and other traders are doing or the huge gains they are making.As a trade r, all your focus should be on your own trades and your own results.You should be driven by the desire to improve your trading strategy, rather than the desire to make what others are making.The second one is to have the discipline to stick to your plan.When coming up with a trade plan, there are no emotions involved. Instead, most traders come up with a trade plan based on a careful and rational analysis of the market.While it is definitely tempting to put aside the plan when things seem to be going well for you, if you want to become a successful trader, your best bet is to stick to the plan, learn what you can from the experience of leaving money on the table, and then put that new knowledge into consideration when coming up with a plan for your next trade.This way, you will gradually improve your trading strategy while at the same time learning to overcome your greed.ANGERThis emotion rears up its ugly head when you have been unable to control the other two emotions, resulting i n your trades going against your expectations. You start feeling frustrated.Anger is almost always targeted at something or someone â€" in this case, anger is usually targeted at the market. In a bid to get back at the market, angry traders will often find themselves engaging in revenge trading.For instance, let us assume that a trader is in a winning trade that has already reached the trader’s planned take profit point.However, due to inability to control his greed, instead of taking profit, the trader decides to continue holding the trade in the hopes of hitting a home run.Unfortunately, the market reverses and all his gains are wiped out.At this point, he is back to where he started. While the gains he had initially made have been wiped out, he still hasn’t made any loss.The thought of all the gains he had and failed to take, however, makes him angry and frustrated.Instead of closing the trade at this point, he might decide to wait for the market to reverse again so that he c an at least close with a slight profit.Unfortunately, this doesn’t happen, and his trade now goes into loss.Some traders might get off at this point, while others might even average down in the hope of recouping their losses, which will most likely lead to even greater losses.The key to preventing anger is to stick to your plan. Not only does this give you control over the other two emotions that lead to anger when they spin out of control, it also prevents you from making a mistake such as averaging down.HOW TO IMPROVE YOUR TRADING PSYCHOLOGY AND DISCIPLINEMost novice traders like to think that they are rational beings who will trade solely based on data and facts. As we have already seen, however, this is rarely the case.Unless you are not human, emotions will always come in and try to cloud your better judgment.The key to becoming a successful trader is to improve your trading psychology and discipline so that you can minimize the effect of emotions on your trading.Below, we ta ke a look at tips that will help you improve your trading psychology and discipline.Always Have a PlanIf you want to generate money through trading, you should treat it like a business.Would you invest your capital in a bakery, restaurant, or any other traditional business without a business plan? Probably not. Why then do people get into trading without a plan?If you want to make money with trading and avoid the psychological crunch that comes once the market decides to test you, you should go into every trade with a plan on how you intend to make money.Before getting into the trade, determine your entry point, determine your risk-reward tolerance, and determine how you will exit the trade â€" either through a predetermined profit target or a stop loss.Having a plan not only increases your chances of making money, it also gives you something to fall back on when things start going awry and your emotions start trying to influence your trade.However, having a plan is not all. You als o need to have the discipline to stick to your plan.A plan is absolutely useless if you are not going to follow it.Many are the traders who start with a plan only to abandon it when their emotions get into the picture.Therefore, you should make a commitment to yourself that you will stick to your plan no matter what happens in the market.This is one of the best ways of strengthening your trading mentality.Be Prepared to LoseRegardless of how good you are and how much analysis you have done, you can never be 100% certain how the trade will go.Therefore, as much as you want your every trade to be a winning trade, you should be prepared to lose.Before getting into the trade, take a moment to think about everything that could go wrong. Doing this has two advantages.First, thinking of all possible ways the trade could go wrong allows you to come up with a detailed plan on what to do in case this happens.Therefore, instead of having knee-jerk reactions when things don’t go as expected, you will already have thought about what to do in such cases.For instance, if the market is on an upward trend, before getting in, you should think about what point you will cut your losses in case the market reverses just after you enter a position.Second, thinking about losing gives you the opportunity to consider how it might feel in case your trade turns out to be a loser.This way, if the trade goes awry, your emotions won’t catch you unawares.Instead, you will already know what emotions to expect and will be better prepared to keep these emotions in check.Research Continuously to Increase Your Knowledge BaseConstantly increasing your knowledge is one of the best ways of improving your trading psychology.The more you know about the markets and their behavior, the better you will become at making decisions and navigating any curve balls that the markets might throw your way.When faced with a situation you have never experienced before, you are more likely to react to it calmly if you had read about it the week before.On the other hand, a trader realizing for the first time that such situations exist when there money is at stake is more likely to react with panic.Practice ContinuouslyThe popular saying that practice makes perfect is popular because it is true.No matter how much research you do, you are unlikely to learn everything about the market by research alone.The only way to learn about the market and what to expect from it is to trade and learn by yourself.In addition, practicing allows you to try what you have learnt. Think of it like riding a bicycle.No matter how much you read about riding a bicycle, the only way to learn to actually ride is to get on a bicycle and give it a try.Similarly, regardless of how much research you do, the only way to actually improve your trading psychology is to put what you learn into practice.Fortunately, many trading platforms and brokers provide demo accounts that allow you to practice without risking real money.W RAPPING UPWhile having the technical knowhow of trading is important, your trading psychology and discipline is equally important.Regardless of how much you plan and perform market analysis, not having control over emotions such as fear, greed and anger can easily lead you to abandon your trading plan and make poor decisions.This is why developing the right trading psychology and discipline is very critical to your success as a trader.Fortunately, you now know how the mental aspect of trading affects your career as a trader, and what to do in order to develop the right trading psychology.

Friday, May 22, 2020

Globalization A Short History - 1720 Words

Throughout history much has evolved in the world we live in today. Nations that were once empowering and controlled many parts of the world today are seen less superior and most likely to keep peace and order rather than starting violence. In Jujen Osterhammel and Niels P. Petersson’s book Globalization: A Short History, they investigate what led to globalization. They discuss events in history starting from the 1800s to the cold war era and what events led to globalization. Osterhammel and Petersson describe every event in details that have led to the world we live in today. From there discussion, it is seen that Europe was a dominating continent with its allies scattered all around the world. Britain was once the most empowering countries in the world followed by Japan. On the other hand, David Christian discusses in his essay This Fleeting World: An Overview of Human history, events that have also led to a modern era that we live in today. However, in Christian’s ess ay he does not only talk about the nations and their war against one another or the nations industrialization as a whole and growing economically as a nation but also mentions historical events such as women’s rights actions or the growth of media which are also factors that lead to globalization. Osterhammel, Petersson and Christian successfully argue that globalization has developed through nation’s industrialization growth; Britain being the first country to be industrialized and spread itsShow MoreRelatedIs Globalization Good for Workers? Definitions and Evidence from Latin America1118 Words   |  5 Pagesarguments and insights According to most economists, globalization is seen as a beneficial asset for workers, while on the other hand, various sociologists, anthropologists, and historians would beg to differ. 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As a result of globalization, the worldwide market has expanded; bring togetherRead MoreGlobalization And The On Globalization1579 Words   |  7 PagesBefore reading a paper on globalization and the arguments for and against it, one must know the definition of globalization itself to fully understand the case. Globalization, according to the Global Workforce Project (2015), â€Å"Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture,

Thursday, May 7, 2020

Year Round Education - 1308 Words

Have you ever wondered what the difference between traditional schooling and year-round education is? Maybe you didn’t know that there are more than one type of year-round education. A year-round school schedule can benefit educators, students, and even families. Year-round schooling is where the breaks in school are on a balanced schedule. Instead of having a three month summer break, there would be 60 days off and then the students would be back to school. If on a multi track schedule, teachers could use their off time to substitute at their school on a different track or at another school to get paid more. For students, the shorter breaks away from school increase retention rates, therefore reducing the amount of review necessary at†¦show more content†¦When the teacher morale is increased, their quality of instruction increases which benefits students. One way students could benefit is that this schooling could provide them with an increased student centered instructional strategy during a year-round school year. These could be activities that activate prior knowledge, hands on projects, in depth discussions, and multiple intelligences. These learning experiences are highly effective, but they are also time consuming. On a multi track schedule, students could also be exposed to smaller classroom sizes, which could benefit the student giving them more time to themselves, and to their assigned teacher for extra instruction. Under a year-round schedule, the students benefit by having smaller breaks, meaning they can quickly snap back to previously learned information. When information is stored, but not used for an extended period of time, anyone can lose that information. Due to the shorter breaks, students may find it difficult to find a summer job, or a job at all, but there are jobs that work with students or maybe just limit thei r time at the workplace. For students that take place in extracurricular activities, the year-round schedule would mess with after school practices or competitions. The school could work with the surrounding community to get activitiesShow MoreRelatedYear Round Education Essay862 Words   |  4 PagesYear Round Education For more than twenty years the educational and economic benefits of year round schooling have been debated in the United States. Experts agree that year round schooling may not be the answer to the problems of all school districts. However in more than 205 districts nation wide, problems have been resolved by year round schooling. First I need to explain that this is different from extending the school year; on a year round schedule, students attend school the same numberRead More Education at a Year-Round School Essay3139 Words   |  13 PagesEducation at a Year-Round School Consider the following situation: A car is driving past the local elementary school on a hot and sunny July afternoon. As the car approached the school the driver notices some unusual things. Students are outside with the teachers for recess, and it looks as if school is in session. The school is on a year-round schedule. The driver is intrigued and decides to do some research. From the research, this person found that students are achieving more academically andRead MoreEssay about Year Round Education839 Words   |  4 Pages01 ­14 ­15   Why  Take  on  Year  Round  Schooling?  Ã‚      â€Å"Pop  quiz,  lets  see  what  you  remember.†Ã‚  Often  people  realize,  Ã¢â‚¬Å"Shoot!  I  forgot   everything  from  last  year!†Ã‚  Why  go  through  that  I ­have ­no ­idea ­how ­to ­do ­this  kind  of   stress  when  year  round  education  can  fix  that  so  simply.  Even  though  year  round   schooling  is  uncommon,  it  will  make  a  positive  impact  on  society.  In  the  United  States   there  are  only  3,181  year  round  schools  that  exist,  but  the  number  is  still  continuing  to   grow.  Year  round  schooling  promotes  higher  levels  of  excellence  for  students  and  Read MoreYear Round Education : The Time Has Come1424 Words   |  6 PagesGrant Coffey Mrs. Mercer Honors English 1 30 January 2017 Year-Round Education: The Time has Come â€Å"A long summer vacation in which students forget much of what they have learned is far from ideal for learning† (Shields et al.). Many educators are beginning to realize the benefits of year-round schooling. Even though year-round education is not traditional, year-round schooling should be implemented because year-round education increases academic achievement, frequent breaks allow students and teachersRead MoreYear Round Education: A Worthwhile Transformation Essay2174 Words   |  9 Pages- twelfth grade (k-12) education calendar is stuck in the stone ages. Composed in a time when children were relied on to work on their families’ farms during the long months of summer, the traditional school calendar did serve a purpose. However, lifestyles have radically changed from the times of the countries’ early development, and it is only rational to adopt a school schedule fitting for the times. Despite being labeled the land of opportunity, current U.S. education is plagued with mountingRead MoreThe Traditional School Calendar and The Introduction of a Year-Round Education1309 Words   |  6 PagesFor as long as most can remember, schooling has been based on a ten-month calendar. Although it was established for an agricultural society it is still extremely common in today’s urban society. The introduction of year-round education, though it clearly makes more sense for todays students, is still a relatively new concept and therefore is subject to a lot of speculation. With benefits such as, remediation, better chances for high-risk and ESL students, economic benefits, and more structure/stabilityRead More Year – Round Education: Alternative Curriculum or Needed Strategy?1982 Words   |  8 Pagesgreatly increased yearly due to the lack of clear support for teachers and students within the Traditional School Calendar. With the implementation of the Year â₠¬â€œ Round or â€Å"Balanced Calendar†, students have been given the opportunity to close those unnecessary gaps between school years and begin to even out â€Å"in-school† time throughout the year. Many parents and teachers consider this division of time conflicting when dealing with scheduling of community programs or additional summer employment opportunitiesRead MoreEssay about Year Round Education: A New Perspective2525 Words   |  11 PagesYear Round Education: A New Perspective Introduction Over the years we have gained aspect to all the new technologies and advancements that have improved the educational system. Each innovation has helped in some way or another to develop better academic programs in schools around the United States. Recently, a proposal has been made to change the traditional school year of nine-months to a year-round program that has sparked controversy all over. Despite controversy though, there areRead MoreThe Benefits of Year Round Education and Extended School Days2809 Words   |  12 PagesYear round education (YRE) is implemented in 436 U.S. school districts with very few complaints. In fact, school districts that have been participating in YRE and extended school days (ESD) are raving about the benefits in pupils achievement level, their new found enthusiasm in learning, as well as the many programs that exist in the extended day promoting the decline in latch key children. Some schools decided to initiate YRE and ESD because of swelling enrollments and lack of student achievementRead More The Benefits of Year Round Education and Extended School Days2729 Words   |  11 Pages Year round education (YRE) is implemented in 436 U.S. school districts with very few complaints. In fact, school districts that have been participating in YRE and extended school days (ESD) are raving about the benefits in pupils achievement level, their new found enthusiasm in learning, as well as the many programs that exist in the extended day promoting the decline in latch key children. nbsp;nbsp;nbsp;nbsp;nbsp;Some schools decided to initiate YRE and ESD because of swelling enrollments

Wednesday, May 6, 2020

Cost Classifications Free Essays

Associate Level Material Cost Classifications Consult Ch. 6 7 of Health Care Finance and other sources to complete the form. This worksheet requires you to match the definitions and examples of types of cost, and the types of centers where costs occur. We will write a custom essay sample on Cost Classifications or any similar topic only for you Order Now Part 1: For each term in Column A, select the correct definition from Column B on the right. Write the corresponding letter of the definition next to the term. |Column A | F |Indirect costs | |A |Direct costs | |D |Fixed costs | |I |Variable costs | |E |Step-fixed costs | |H |Responsibility centers | |B |Revenue centers | |C |Cost centers | |G |Shadow cost centers | Column B – Definitions | | | |Costs incurred directly as a result of providing a specific service or good | |Centers charged with controlling costs and generate revenue | |Have no revenue budget and no obligation to earn revenue | |Costs that do not vary as service volume varies | |Fixed over some range of service volume, but rise to a new level for a higher range of service | |volume | |Costs that cannot be tied directly to the patient’s stay in the bed | |Exist as budgets on paper only | |The places where costs occur and have budgets | |Costs that change as volume changes | Part II: For each real-world example, select the correct term from the list on the left. Write the corresponding letter of the real-world example next to the term. |Column A | |K |Indirect costs | | N |Direct costs | |Q |Fixed costs | |M |Variable costs | |R |Step-fixed costs | |J |Responsibility centers | |O |Revenue centers | |l |Cost centers | |P |Shadow cost centers | Column B – Real-World Examples | |A subunit of a larger organization that is responsible for some type of budget, such as the payroll| |department or courier service | |Shares of depreciation, administration division, or laundry service | |Administration, human resources, or housekeeping | |Utility bill, supplies, or maintenance | |Nursing care, food consumed, drugs administered | | | |Hospital cafeteria, gift shop, or parking ramp | |Depreciation of hospital equipment | |Building loan payment, building insurance, or cable or internet service | |The nurse-to-patient ratio on the cardiac unit is one to t hree patients. There are four nurses | |scheduled for 12 patients. During the second shift, three more patients are admitted. The nurse | |manager calls in a fifth nurse. | Part III: Select two choices from Part II and explain why they meet that cost classification. Places such as hospital cafeteria, gift shop, or parking ramp are classified as revenue centers. These are classified in this way because they are used for interaction and to produce profits from goods that are sold in that department or unit. A loan payment, insurance, or cable/internet service is classified as a fixed cost. Fixed costs are known as costs that do not vary depending on the services given. These costs are endured every month and at a standard, fixed rate for the company. How to cite Cost Classifications, Essay examples

Monday, April 27, 2020

Should the American Government have to pay reparations to Native Americans Essay Example

Should the American Government have to pay reparations to Native Americans? Essay Since time immemorial, the issue on land ownership is very chaotic because men are willing to wage war just to get hold of a piece of land. In primitive times, a certain ethnic group skirmishes with other ethnic groups over territorial supremacy. Land ownership is a bloody business because of the price it entails. When a certain assembly successfully dominated other’s land it means that their goal to expand their territory is realized, but most importantly, domination of a territory also implies that the dominator also take control of the resources of the grabbed territory. And worst, it has been a practice that the dominator of a territory would likely use the people of their grabbed land, and eventually treat them as slaves. In 1830’s a prominent execution of land grabbing transpired in North America between President Andrew Jackson’s administration and the Native Americans, and more specifically to the Cherokees. During this period, President Jackson endorsed a law that was designed to eliminate the Indian people in their own territory and relocate the latter in other places[1]. The ratification of Indian Removal Act took many years of trial but eventually did not succeeded because the Supreme Court ruled in favor of the Native Americans. The objective of the said policy is to exchange lands with Native Americans and to eliminate them from thriving in west of the river Mississippi. According to President Jackson, during the deliberation of Indian Removal Act, that he was so concerned of the plight of the Indians because as civilization progresses and as the whites increasingly occupy the land, the Native Americans conditions are being jeopardize[2]. At its first implementation, the Choctaw and the Chickasaw was successfully relocated. But the Seminole and the Cherokees did not falter, they resisted all forms of aggression of land grabbing because they believed that no one owe their ancestral lands. Desperate measures was implemented, violence against Indians was manifested by use of arms and force. Seminole people triumphed in Second Seminole War against the massive troops of military and volunteers. But in the third installment of war the Seminole people was defeated[3]. The last remaining tribe was the Cherokees, and in a very unfortunate event, they were forced to engage in death march, which was later on called Trail of Tears. President Jackson’s administration successfully seized the ancestral lands of the Indian tribes, but its promise of better life, equal opportunities, and relocation is nothing but a farce. The Indian tribes did not receive a permanent land that they can rebuild their lives. The policy failed to reinforce a voluntary expulsion, and worst, their dreams and promises was decimated due to fraudulent land agreements. This historical event is the foundation of a human right debate about the moral responsibilities of Americans to Native Americans[4]. According to human right advocators, the means to fulfill this moral responsibility is through reparations. In this paper, I will provide a nitty-gritty discussion of reparations such as its definition, elements and significance. The paper will also outline several standpoints in line with anti-reparations. And most importantly, this paper will provide arguments pro reparations. The Americans must necessarily pay reparations to Native Americans to lessen interracial issues because they have deprived the latter of something that they own. The Americans should pay the Native Americans for the moral damages that they caused the latter, specifically for grabbing their ancestral lands, for providing them fraudulent promises, and for puttin g their lives on jeopardy. And lastly, the Americans should provide reparations for Native Americans to alleviate their existing condition because the effect of their acts is still existent among Native Americans, meaning, the latter is still suffering from the ill-fated event, which was catapulted by the Americans. We will write a custom essay sample on Should the American Government have to pay reparations to Native Americans? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Should the American Government have to pay reparations to Native Americans? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Should the American Government have to pay reparations to Native Americans? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The Debate Since the concept of reparation is the core of this debate, it is a necessity that we provide a definition of the term. Lexically speaking, reparation is an act of amending and alleviating one’s suffering due to the committed wrongdoings of others. But in terms of moral duty, reparation can be defined given the following criteria: 1) acting responsibly upon the crime of the past, 2) restoration of dignity and reinstatement of property that has been loss, 3) refurbishing the moral animosity between two parties, specifically of the aggressed and the aggressor, and 4) reconciliation of the aggressed and the aggressor’s differences. Having defined reparation, it is now justifiable to lay down the arguments on the validity of why Americans must necessarily pay reparations for Native Americans. First reason is the fact that Americans undeniably deprived the Indians of the latter’s own property and rights. It has been established on natural law that man will own a certain property if he cultivated it and nourished it. In terms of land ownership, one can claim a certain land if he developed and took care of it. And this practice has been considered before the conceptualization of the law. When one develops and nourishes a piece of land, he automatically acquires rights over it. Ancestral land is the embodiment of all the efforts that a group of people exerted to ensure that a piece of land is well taken care of[5]. But man created laws, which aims to advance human welfare and human progress. Objectivists argue that when laws are created it overpower natural laws because the former curtails the primitive nature of the latter, and eventually promotes interest of the majority. In case of the Native Americans, objectivists postulated that the deprivation of their property and rights are permissible because this deprivation is geared towards a better end, which is to protect their culture from the increasing population of the whites and the advancement of the majority’s interests. Therefore, the objectivists concluded that Americans does not own anything from the Indians because when the law was enacted for the progression of human welfare, the Indian’s concept of property and rights has been superseded [6] However, advancing interests in expense of other’s interests is morally unjustifiable because it does not only curb one’s rights but also annihilate one’s existence, in the sense that in the pursuant of the law people go to the extreme just to ensure that the interests was promoted[7]. It must also be noted that majority’s concern does not always perpetuate a reasonable act, or to put it simply, majority is not always right. In the case of the Native Americans, President Jackson created a law in the guise of the Indians concerns, stating that their culture will be jeopardized if they will not be relocated. But the truth is, the law was created for the majority’s volitions to dominate an ancestral land and to economically use it. In the end, the Indians culture was catastrophically destroyed and was left with nothing. The Americans enjoy the fruit of other’s labors, while those who preserved and cultivated the land for hundreds of years were s uffering from poverty. It has been established that a law is a law. But a law is not a law when it violates other’s rights. The law must only protect the majority of the population but the entirety of the population. It must serve everyone’s interests regardless of ethnicity, beliefs, culture, and practices. Secondly, the American government should pay reparations to Native Americans for all moral damages that they have done. When President Jackson government took over the ancestral land of the Indian tribes they did not provide them any payment or any land title. In order to pursue mass mobilization of Native Americans, the government misled these people through providing them fraudulent promises such as the assurance of better life and better land location, though in reality there is not better future awaiting the Indian tribes. According to documents, Native Americans jumped from place to place because the government failed to provide them a permanent place to live. This happenstance is also considered as a medium to diminish Indian culture[8]. Â  When the Supreme Court ruled in favor of the Native Americans, President Jackson blatantly ignored this ruling; instead, he let his administration to engage in manslaughter, almost to the point of genocide. These acts are morally damaging a nd morally unjustifiable. The moral problem of taking over one’s own property is the undeniable fact that while the American government is succumbing themselves to the benefits of other’s property, those who must taste the fruit of their property is suffering from deprivation[9]. And the worst part of it; those perpetrators of wrongdoings do not even initiate any acts of alleviating the sufferings of the Indian people, or even sharing the benefits of that property. On the other hand, the immorality of deceiving people is basically founded on the concept of veracity. Lying in expense of others is awfully wrong because by doing so, others existence are put into dangerous situation. In the Native American terms, they were deceived by the American administration to let them fall from the pit of vicious and cyclic affliction. And the immorality of disposing one’s life is unforgivable, how much more if we let hundreds of people died because of the interest that we wan t to realize. Killing someone is never valid especially if the reason was only based on the need to expand territories. Tenets of anti-reparations argue that President Jackson’s act was reasonable because it was geared towards a better end, and that the consolidation of United States of America. They posited that if this act was not implemented United States will not reach its present status. They also added that in aiming for revolution or changes to guarantee a brighter future, chaos is of necessity. Progress should not be impeded because there is a minority that will endure pain and suffering. Therefore, they affirmed that if violence will be a necessary element of progression, then violence must be used because the situation necessitates it. Proponents of dirty hands politics furthered this kind of advocacy because also see a better consequences of the act. Dirty hand politics is a predicament when one is face to decide between two immoral acts but one must choose the lesser evil[10]. And in this case, the moral dilemma is between choosing the progression of humanity in expense of a specifi c ethnic group or letting this specific ethnic group to stay on their ancestral land in exchange of human’s progression. And since the advocators of this kind of politics always look at the interest of the majority, they uphold the importance of human progress in expense of an ethnic group because this decision is of lesser evil. The postulate on significance of human progress is novel and valid; however, it should not resort to any act of deception and violence. It is a contradiction to promote human progress in expense of human lives. Tenets of anti-reparations were correct in saying that because of President Jackson enactment of Indian Removal Act paved way for the consolidation of our nation. But it must be noted that it does not satisfy the evilness and the cruelty that these Indian people had experienced[11]. The advocators of dirty hand politics was mistaken in saying that we have to choose lesser evil for the betterment of humanity because it misconstrued the concept of what is right and of what acts are morally justified. The danger about these kinds of beliefs is that people can always use the alibi of lesser evil to make their immoral acts seems to be right. And worst, it confuses our delineation between being humane and inhumane because we can always opt to do things that are innately inhumane but argue that we engaged ourselves to such act because the situation calls for decision, and we just choose what lesser evil is[12]. Lastly, the Americans should provide reparation among Native Americans because the latter is still agonizing from the aftermath of act of the former. Up to this modern period, most Native Americans do not own anything specifically of land property. The sad thing about the plight of American Indians is that because of the Indian Removal Act most people thought that they are already nonexistent. The American government does only provide a poor relief as a form of reparation to Indians because what they lost is actually priceless, but giving them permanent settlements, opportunities to broaden their horizon, and most importantly, to give them due respect to rebuild their dignity. For the longest time, Native Americans are not receiving enough aid from the government that is why their emotional wounds and their spiritual scars have incarcerated from the past. The help that has been long due is still not delivered to those who deserve it. The lives of Americans Indians are not yet allevia ted because as of the time being, they have not receive justice from any injustices that Jackson’s administration has cast upon them. The sufferings of the American native are insurmountable, and reparations is not enough to compensate it, still reparation must be given to them because it can somehow reduce their burdens[13]. Proponents of anti-reparations argue that mistakes of the past should not be transferred to the future because there is not connection between the two time frames. According to them, the unlawful activities of past should only be attributed to the past because the future generations do not participate in that unlawful activities. Having said this, if the past generation failed to provide reparation for Native American it does not necessarily follow that future generation must fulfill the lacking of past generation. They also added that reparation is futile because it will answer the needs of the Native Americans, and significantly, it will not restore things that they have lost along the way. Anti-reparation advocates conjectured the four reasons why reparations should not be executed among Native Americans. First, they see that reparation will be the unfair to the state because there is no means to qualify and quantify those Indians who deserved the reparations. If reparation is giv en, most likely, those who will take pleasure in it are those descendants of the past, meaning, they have not experienced any cruelty at all, therefore, reparations must not be given. Second, if implementation of reparations is possible still the state must ask for entitlement to differentiate those who must earn it and those who do not, then it will not be unfair to the state and to the present generation. But how can Native American prove their entitlement? Third, if entitlement was proven then they must also establish that their current condition is directly affected by the past wrongdoings. And lastly, since the funds for the reparations will be taken from the pork barrels, which was earned through the taxpayers, it unjust because it must be allocated to serve the interest of the taxpayers. To sum it up, proponents of anti-reparations vehemently disagree in compensating the wrong of the past in expense of the present and future generations[14]. Tenets of anti-reparations overlooked on point in this whole debate, the American government push through their cruelty and atrocities towards the Native Americans to ensure a brighter future and a better life for their future generations. Given this realization, American government must compensate for the wrongdoings of their predecessor since they also harvested from it. The anti-reparation advocators do not want to pay damages that past administration has done in expense of the present and future generation, when in principle the past generation had pursued their own volition in expense Native Americans’ past, present and future generations. They are right that crimes of the past should be crimes of the past, in so far as these crimes are not executed in principle of future generations. It is right that future generation does not directly participate in that immoral activities, but they have the power to correct it. Instead, they continue the practice of their ancestors. Th e criteria that these proponents proposed are very much limited to the issue of being unfair to the state without looking how the state became unfair to the Native Americans[15]. The issue of reparation will not be settled because Native Americans are incessantly deprived of their property and rights, and the future generation is not acting to annihilate this deprivation. And lastly, the talk of proving one’s entitlement and establishing one’s condition is irrelevant because when Indian Removal Act was carried out not only the lives of Indian tribes was jeopardized but also their future, and the future of their generation. The reason behind this is simple; everything that Native Americans own was robbed from them[16]. CONCLUSION: In toto, the anti-reparation proponents suggested that we must move on and forget about what happens in the past because they uphold that the most important thing is the present condition and our visions for the future. But humanity can only move on if all wounds and miseries have been healed and resolved. The desolation of the past remains up to this modern day period because it was not yet answered, and if this will never be medicated it will haunt us in the future. Reparation may not totally heal the wounds and resolved the sufferings still it is important because it can alleviate the situation. The problem is humungous and deeply rooted, meaning, it cannot be decipher over night. Medicating this problem needs a step by step process, and we can start this by reparation and not by purporting escape goat reasoning or even forgetting it as if nothing happens. Reparation should be done at all cost because Native Americans have been deprived of things that they should enjoy, they have been morally damaged due to inhumane acts, and the effects of American government atrocities is still lingering on[17]. nbsp;