The International Monetary Fund And The World Bank Were

The International Monetary Fund and the World Bank were formed at the Britton Woods Conference in New Hampshire, United States, in 1944. They were designed as the mainstay of the post-war global economic order. The World Bank s focus is the provision of long-term loans to support development projects. The IMF concentrates on providing loans to stabilize countries with short-term financial crises Critics of the World Bank and IMF have argued that policies implemented by African Countries, intended to control inflation and generate foreign exchange to help pay off the IMF debts, often result in increased unemployment, poverty and economic polarization thereby impeding sustainable development. The World Bank and IMF became increasingly†¦show more content†¦In 1980, Zimbabwe after being liberated, the government vigorously invested in all sectors of the economy (health, education, mining, universal access to services but this in turn led to the government budget deficits in the mid-1980s and forced the government to look for ways to finance its excessive expenditure. Zimbabwe was then persuaded to implement ESAP. The programme was to run from year 1991 to 1995. ESAP was a package with instruments to be adhered to, and these were the components: 1. Reduction of government expenditure through privatization 2. Removing wage controls 3. Removing controls on exchange rates 4. Removing subsidies on basic goods 5. Removal of price control measures The basis of these components was to let the market control the economy and reduce government bills thereby cutting the expenditure. Although the neo liberalists favor the IMF and WB reform packages, the ESAP were to a larger extent disastrous in the different sectors of the economy ranging from people’s lives, health, education, agriculture and the macro and micro economy in Zimbabwe. According to Dhliwayo (2001), â€Å"the decision to want a major economic reform programs in Zimbabwe dates back to the beginning of the 1980s, with the main aim of attracting aid from international donors so that the country might close both the resource and trade gaps in order to meet its economic targets.† The ESAP was sought to transform Zimbabwe’sShow MoreRelatedThe International Monetary Fund And World Bank Group1644 Words   |  7 PagesThe International Monetary Fund and World Bank Group The International Monetary Fund (IMF) and the World Bank have had enormous impact upon the world’s economies since their inception, after World War II. Although each of these organizations has a similar history, their role, objectives and funding are unique. These Washington DC-based organizations have drawn more than their share fair share of criticism as well as praise. Modern nations require thoroughly understand of these organizations. TheRead MoreInternational Monetary Fund : The Imf And The World Bank1252 Words   |  6 PagesThe International Monetary Fund, otherwise known as the IMF and the World Bank are two of the most economic organizations. While they are both economic organizations, they have different objectives. In order to understand these objectives, one must know why these organizations were formed and what if anything they have accomplished. Based on said accomplishments and also based on their initial goals, one can infer which of the two has been a succe ss. Therefore, it can be said that when it comes toRead MoreInternational Monetary Fund And The World Bank1679 Words   |  7 PagesTHE WORLD BANK AND IMF - HIPC International Monetary Fund and The World Bank, though has a good purpose of their existence, they have come under lots of criticisms as to how they use the leverage of being in a position of helping poor countries to either recover from economic collapse or give them debt relief and economic boost from loans they give out to them to impose policies and condition that those poor countries has to implement. These loan conditions and policies structured by these internationalRead MoreGlobalization and the Multinational Corporation: Multiple Choice Questions1378 Words   |  6 PagesInternational Financial Management, 2e (Bekaert / Hodrick) Chapter 1 Globalization and the Multinational Corporation 1.1 Multiple Choice Easy 1) Which of the following was created in an effort to promote free trade? A) World Trade Organization B) the Sarbanes-Oxley Act C) multilateral development banks D) the Organization for Economic Cooperation and Development Answer: A 2) Which one of the following is an investment from which the payoff over time is derived from the performanceRead MoreIMF : The Role Of International Institutions In Economy1045 Words   |  5 PagesRole of International Institutions in Economy: - IMF The IMF, in its 2010 published report, expects an average global growth rate of three percent. This is due to countries such as China, India and Russia. Thanks to them, the financial crisis in rich countries will not lead to a complete economic collapse, but will only slow down growth, experts say. In industrialized countries, stagnation or even recession will occur - in the best case the IMF expects zero growth. Great Britain, France and ItalyRead MoreThe Stystem Developed in the The Bretton Woods Conference862 Words   |  3 Pagesrepresentatives of two nations influenced the planning of the world monetary system (Scammell, 1982). The Article of Agreement was a negotiation between Britain and The United States, which was accepted and signed by 44 other nations (Ikenberry, 1933). The conference saw the establishment of the two most significant financial institutions, The International Bank for Reconstruction and Development [World Bank] and The International Monetary Fund (Stwenron, 1944). The conference set the standard of goldRead MoreMonetary Fund And The World Bank1554 Words   |  7 Pagesnternational Monetary Fund and The World Bank, though has a good purpose of their existence, they have come under lots of criticisms as to how they use the leverage of being in a position of helping poor countries to either recover from economic collapse or give them debt relief and economic boost from loans they give out to them to impose policies and condition that those poor countries has to implement. These loan conditions and policies structured by these international financial power institutionsRead MoreRoles of International Financial Institutions1173 Words   |  5 PagesRoles of International Financial Institutions Marcus Jenkins MGT448 January 10, 2011 Paul Bogert Introduction When listening to the latest television report concerning global business news or world economics, names of financial institutions such as World Bank, International Monetary Funds, and Asian Development Bank may be the center of some discussion. A major player on the global forefront, international financial institutions function much differently from local neighborhoodRead MoreInternational Monetary Fund And The World Bank1561 Words   |  7 PagesTHE WORLD BANK AND IMF - HIPC International Monetary Fund and The World Bank, though has a good purpose of their existence, they have come under lots of criticisms as to how they use the leverage of being in a position of helping poor countries to either recover from economic collapse or give them debt relief and economic boost from loans they give out to them to impose policies and condition that those poor countries has to implement. These loan conditions and policies structured by these internationalRead MoreThe Imf, Wto, And World Bank1053 Words   |  5 Pagesthe IMF, WTO, and World Bank The World Bank was founded at the Bretton Woods Conference in 1944. The bank was first known as the International Bank of Reconstruction and Development. Their founding mission was to help countries during a post-war World War II era rebuild and reconstruct. They did this by providing loans to countries who had been destroyed during wars. Their first loan was made in 1947 to France to rebuild following World War II (World Bank Group). The World Banks’s mission eventually

Theory and the Nursing Process - 942 Words

Theory and the Nursing Process Kenneth L. Harris University of Phoenix Community and Family Nursing NSG 420 June 22, 2015 Kimberly Lewis RN, MSN-Ed Theory and the Nursing Process The theoretical basis for public and community nurses began in the nineteenth century with Florence Nightingale. Nightingale believed in the prevention and surveillance of diseases. She further believed that a disease was more prevalent in poor environments. She proved that good health was more prevalent with a good environment for instance providing adequate ventilation, clean water, warmth, light, and cleanliness during the Crimean War (Allender, Rector, amp; Warner, 2014). The public and community health nurse can affect change in behavior by†¦show more content†¦The activities include physical and occupational therapy, nutrition counseling, and case management (Community Health Nursing, 2013). The two theories the Nightingale and the Knowles are an example of the integration of the nursing and education discipline to promote a health community and protect the population from illness, communicable diseases, injury, and death. The challenges are great but obtainable. The use of the survey by the community and public health nurses to identify problems and develop a plan of action. The development of education programs by employing the Knowles principles to reach out to the adult learner. The mission of community and public health nursing is related back to the work of Florence Nightingale. Her observation that good environment leads to good health and bad environment leads to bad health. References Allender, J. A., Rector, C., amp; Warner, K. D. (2014). Community and public health nursing (8 ed.). Philadelphia, PA: Wolters Kluwer, Lippincott, Williams, and Wilkins. Beagley, L. (2011, October). Educating Patients: Understanding Barriers, Learning Styles, and Teaching Techniques. Journal of PeriAnesthesia Nursing, 26, 331-337. http://dx.doi.org/10.1016/j.jopan.2011.06.002 Martin, D., amp; Yurkovich, E. (2014). â€Å"Close-Knit† Defines a Healthy Native American Indian Family. Journal of Family Nursing, 20(51-72).Show MoreRelatedThe Theory Of The Deliberative Nursing Process948 Words   |  4 PagesThis section presents an analysis of Orlando’s theory. The central thesis of the Theory of the Deliberative Nursing Process is finding out and meeting the patient’s immediate need for help. The concepts and propositions of the theory are written at a concrete level of discussion (Fawcett, Desanto-Madeya, 2013). The theory is classified as a middle-range predicative theory. The theory identifies the effects of a specific interpersonal nursing process on identification of the patient’s immediate needRead MoreTheoretical Framework in Nursing Process - Theory Development in Nursing2617 Words   |  11 PagesPocholo N. Isidro R.N. Philippine Womens University, Master of Arts in Nursing Theoretical Framework for Nursing Practice – Module 2 A. Explain/describe the 4 phases of theorizing: 1. Factor-isolating theory – This first phase of development can be further subdivided into two major activities: first is naming or labeling, second is the classifying or categorizing. The basic activity of labeling concerns itself with the recognition of an individual factor or aspect, defining what it reallyRead MoreDr. King And Her Nursing Process Theory1453 Words   |  6 PagesThis theory analysis paper is based on the work of Mrs. Imogene M. King and her Nursing Process Theory. It will show an overview of the model related to person, environment, health and nursing. The paper will also discuss the model and how it relates to the nursing practice. Finally the strengths and limitations will be discussed. Goal Attainment Theory Imogene King developed her nursing theory on the basis that the nurse and the patient, â€Å"work together to achieve the goals in the continuousRead MoreTheoretical Framework in Nursing Process - Interaction Theories1655 Words   |  7 PagesTheoretical Framework for Nursing Practice – Module 6 A. Compare and contrast two of the models or theories presented in this chapter considering their usefulness in practice, research, education and administration. For the purposes of this discussion, I have selected King’s Theory of Goal Attainment and Peplau’s Theory of Interpersonal Relations. On a broad perspective, both theories aim at explaining the interaction processes that happen between a nurse and her patient. ImogeneRead MoreTheoretical Framework in Nursing Process - Outcome Theories1356 Words   |  6 PagesTheoretical Framework for Nursing Practice – Module 7 A. Think back to the last time someone close to you became sick. Using Myra Estrin Levine’s conservation model: what would have been the focus of your assessment? How did the illness affect you and the rest of your family? Levine’s Conservation Model  is focused in promoting adaptation and maintaining wholeness using the principles of conservation. The model guides the nurse to focus on the influences and responses at the organismicRead MoreTheoretical Framework in Nursing Process - Introduction to Theory2482 Words   |  10 PagesWomens University, Master of Arts in Nursing Theoretical Framework for Nursing Practice – Module 1 A. There are defining characteristics that determine nursing practice. Based on your clinical experience, explain the meaning of the following:   1. Nursing as a practice-oriented discipline – Nursing exists to provide nursing care for clients who experience illness, as well as for those who may experience potential health problems. When we say that nursing is a practice-oriented disciplineRead MoreTheoretical Framework in Nursing Process - Elements, Approaches and Strategies of Theory Development2854 Words   |  12 PagesPocholo N. Isidro R.N. Philippine Womens University, Master of Arts in Nursing Theoretical Framework for Nursing Practice – Module 3 A. What are the 5 types of concepts and its characteristics? Give an example of each type. 1. Primitive Concepts are those that have a culturally shared meaning (Walker and Avant, 2005 as cited by Peterson and Bredow, 2009) or are those that are introduced as new in the theory (Meleis, 1997 as cited by Peterson and Bredow, 2009). For instance, in culturallyRead MoreImportance of Theory Paper1381 Words   |  6 PagesImportance of Theory Paper Laura A. Novascone Chamberlain College of Nursing Instructor Jodi Protokowicz 7/16/15 A nursing theory provides a view or window into the reality of nursing (CCN, 2015). Nursing theories are basic concepts that define nursing practice and provide the explanation to why nurses do what they do. I have given no thought to the use of nursing theory until taking this nursing class and this assignment is proving very difficult to follow. I have utilized nursing theory in my everydayRead MoreIda Orlando1017 Words   |  5 PagesNursing Theory Paper Nurs/403 March 7, 2011 Jacqueline DePaulis Nursing Theory Paper Many different nursing theories have been developed by leaders in the nursing field over the past 40 years. I chose the nurse theorist, Ida Jean Orlando because of my lack of knowledge of Ms. Orlando and her theory, The Deliberative Nursing Process. She was one of the first nursing theorists to write about the nursing process based on her own research. This theory involves interpersonal processes occurringRead MoreImportance Of Theory Of Nursing Theory1723 Words   |  7 Pages Importance of Theory Evelyne Previl Chamberlain College of Nursing Importance of Theory Nursing theory is defined as a group of concepts, philosophy, or ideas that define and guide the nursing practice. In fact, nursing practice is firmly rooted from these concepts that were at times empirical, then abstract, and inferential. Reflecting back to the time of Florence Nightingale who is the pioneer in modern nursing and nursing theory up to the corner of 21st century

Gay Parenting Controversy Essay Example For Students

Gay Parenting Controversy Essay Gay parenting is an issue that affects a great number of people worldwide. Although the number is a minority, the issue still causes heated debate. People who are in favor of Gay, Lesbian, and Bi-Sexual parenting rights claim that as long as there is a commitment to parenthood then successful parenting is achievable as a homosexual or bi-sexual. Since within a gay couple there is no chance for accidental pregnancy, the couple must make a conscious decision to become a parent. People opposed to homosexual parenting argue that homosexual couples are not capable of having long enduring strong relationships required for the successful upbringing of children. They claim it is in the childs best interest to be raised by one female and one male. Such a family would provide the best environment for healthy intellectual and emotional growth. Obviously the debate over homosexual parenting brings for concepts of individual rights and the definition of family. What the argument boils down to is the definition of a family. With family defined there is little argument over who is capable of becoming a parent. An editorial found in Pride Page, an online gay community news and information cite, offers a defense to the gay, lesbian, and bi-sexual right to parenthood. The article by Brian W. Fairbanks entitled Gay Parenting is still Parenting attempts to provide the reader with valid reasons as to why gay couples should be allowed to become parents. Fairbanks believes that the same reason a heterosexual couple should be allowed to have children is greater in homosexual couples. Heterosexual couples are given the right to child-rearing because the are seen as fit to be parents. Homosexual couples have the advantage. He points out that the only way a homosexual couple could become parents is through actively choosing to become a parent. In no way would it not be planned, unwanted, or unexpected. Fairbanks also argues, it takes love to make a family and sex is not a part of the equation. The author is clearly very level headed regarding this issue. He doesnt make outlandish remarks or accuse anyone as being the cause of the problem. He attempts to touch the readers heartstrings instead of raising anger. The evidence he presents is quite valid and believable. He brings forth one fact from the American Bar Association as well as three references to pop culture, which anyone can recognize. The author opens with reference to a quote from Jean Kerr; Now the thing about having a babyis thereafter you have it. Fairbanks argument is that this quote doesnt sink in with potential gay parents anymore than it does with many straight ones. In other words, he believes that no matter what the sexual orientation people simply dont realize all that is involved in having children. Parenting is to be taken seriously. It is hard work which necessitates selflessness, responsibility, and commitment that few peopleare always prepared to give. Here the author is trying to put homosexual couples on the same playing field as heterosexual couples. To define what it takes to be a good parent allows the reader to become subjective no matter what the point of view regarding gay parenting. I feel the method Fairbanks used was excellent in forcing myself to look at the true essence of parenting and opened the playing field for any point of view, which he was about to make. That next point would be regarding the choice of parenthood. Fairbanks claims there is one advantage homosexual couples have over heterosexual couples. There is no need for birth control or abortion and there is no fear of accidental pregnancy. .u0aafc887b35fb8d67406c91d80886f9f , .u0aafc887b35fb8d67406c91d80886f9f .postImageUrl , .u0aafc887b35fb8d67406c91d80886f9f .centered-text-area { min-height: 80px; position: relative; } .u0aafc887b35fb8d67406c91d80886f9f , .u0aafc887b35fb8d67406c91d80886f9f:hover , .u0aafc887b35fb8d67406c91d80886f9f:visited , .u0aafc887b35fb8d67406c91d80886f9f:active { border:0!important; } .u0aafc887b35fb8d67406c91d80886f9f .clearfix:after { content: ""; display: table; clear: both; } .u0aafc887b35fb8d67406c91d80886f9f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u0aafc887b35fb8d67406c91d80886f9f:active , .u0aafc887b35fb8d67406c91d80886f9f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u0aafc887b35fb8d67406c91d80886f9f .centered-text-area { width: 100%; position: relative ; } .u0aafc887b35fb8d67406c91d80886f9f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u0aafc887b35fb8d67406c91d80886f9f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u0aafc887b35fb8d67406c91d80886f9f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0aafc887b35fb8d67406c91d80886f9f:hover .ctaButton { background-color: #34495E!important; } .u0aafc887b35fb8d67406c91d80886f9f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u0aafc887b35fb8d67406c91d80886f9f .u0aafc887b35fb8d67406c91d80886f9f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0aafc887b35fb8d67406c91d80886f9f:after { content: ""; display: block; clear: both; } READ: Moose Essay Because of this homosexual couples must make that conscious decision; the intelligent, responsible choice to become a parent. If the parent(s) are willing to give themselves to have a child then, according to Fairbanks, that would make gays just as good of a candidate for parenthood as anyone else. As long as the commitment to parenthood is there, successful parenting is wholly within the gay couples grasp. With successful parenting being defined earlier in his work Fairbanks has made a convincing argument. The author next brings to light moral ideals set by our society. He .

Management of Information Security and Control

Abstract Information is a very important ingredient of any organization. This is because no business can operate without it. In the current business environment whereby the computer has interconnected businesses and transactions are no longer carried out through paperwork, information system has become a very important part of an organization.Advertising We will write a custom research paper sample on Management of Information Security and Control specifically for you for only $16.05 $11/page Learn More Therefore the management of information should be one of the priorities if the organization is to be successful. However, the concern for information security has also risen in the recent past. In some business the need to protect information assets has even surpassed that of physical assets. This is so because any business in the current information environment that intends to be competitive and sustain growth must be ready to develop and exploit as well as protect its information assets. Information Security Needs of an organization Information security needs of an organization refer to reasons why an organization may find it necessary to have information security and control. They are as follows: To protect the functionality of the business because when operations are interrupted, costs that could otherwise have been avoided are incurred. Organizations need to have a system that ensures that operations are carried out smoothly which means there are no interruptions and work also goes according to plan. As such, the general manager and the IT managers need to design and implement an information system that cuts out intruders as well as human error that might interrupt operations (Whitman Mattord, 2008) Secondly, an organization needs to ensure that its operation applications are safe. These applications include electronic mail, operating system platforms as well as instant messaging. The laws governing information security award damages to the plaintiff and these damages are at times punitive. Therefore any organization needs to ensure that its information system cannot be used to infringe other peoples’ rights as this ends up costing the organization. This means that all information system applications need to be assessed to ensure that they do not pose a security threat to users (Whitman Mattord, 2008). Thirdly, there is the need for safeguarding technology assets in order to sustain growth. As an organization grows it needs to come up with secure software and infrastructure that helps it to sustain that growth. For instance an organization may develop innovations that help it to have an edge over its competitors.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More As such, its networks must grow to be able to accommodate its changing needs otherwise the competitors will easily have access to its new technologies and use them to outdo the company. Some of the measures that can be taken to shield an organization from its competitors include protection of manufacturing procedures, chemical formulae and technological innovations (Kouns Minoli, 2010). Fourthly, there is the need to protect data that is used by organizations. An organization cannot plan effectively and deliver value to clients if it losses its record of transactions. Any business entity, government agency or any other institution that is operating in the modern business environment, where responsive services depend on information systems to provide support to transactions, must protect its data. For that data to be reliable, the management needs to ensure that the processes of collection, storage and usage cannot be interfered with. Otherwise the decisions made will not be effective or even beneficial to the organization (Kouns Minoli, 2010). Types of threats involved in the management of information security and appropriate control measures Threats refer to any entity – person or object – that poses a security risk to an organization’s assets. There are various threats that face information, systems or people of an organization. This means that the management needs to be aware of transport, processing and storage systems that need protection from threats. For instance, when an organization connects to the internet then threats that originate from the external sources are bound to increase. There are various categorizations that show the types of threats and what in the organization is faced by that threat. However, each organization needs to find out the priority threats that it needs to deal with. The prioritization will depend on the security situation of its operating environment, the exposure levels of its assets and its risk strategy (Whitman Mattord, 2008). The categories of threats include acts of human error, which refers to acts done without malicious intentio ns. People are likely to do mistakes when using information systems. This may be due to inadequate training, making of assumptions that are incorrect or even working under fatigue. Employees feature among the greatest security threats because they use organization’s data on a daily basis hence making them the closest threat agents. This means that their mistakes can undermine the integrity, availability as well as the confidentiality of data. Their mistakes can also pose a threat to the organization or to outsiders. For instance they can accidentally reveal classified information, delete or even modify data (Whitman Mattord, 2008)Advertising We will write a custom research paper sample on Management of Information Security and Control specifically for you for only $16.05 $11/page Learn More Most of the mistakes can be prevented by carrying out continuous awareness activities, training and also setting up controls. The controls can range from the requirement that a user types an important command twice to the requirement that a particular command be verified by a second party. The second category of threat is debate act of trespass. This refers to an act where an unauthorized individual intentionally gains access to an organization’s protected information. Although some information gathering techniques are acceptable, some information gatherers use techniques that are beyond the legal or ethical threshold. Some of these attacks can cost the firm financially or dent its reputation with clients. This threat can be prevented by putting up controls that notify a trespasser whenever they try to access unauthorized areas. Valuable information and systems can also be protected by using sound authentication and authorization principles. Such controls use multiple factors or layers to prevent the unauthorized users from gaining access (Alberts Dorofee, 2002). Forces of nature or acts of God are another form of threats. These types of threats are very dangerous as they usually take place with little on no warning at all. They can interfere with data storage, its transmission or even its usage. They include the following: fire, which can burn down the building that houses part or all of the information system. Secondly, there is floods which refers to water that is overflowing to areas that are expected to be dry under normal circumstances. This can end up destroying part or all of the information system. It can also prevent access to the building that houses the system. Thirdly, there is earthquake which refers to an abrupt shaking of the earth’s crust as a result of the volcanic activity below the earth surface. This directly affects the system as it can destroy part or all of the system, as well as the building where the system is housed (Vacca, 2009). Lastly, there is lightening, which refers to a sudden natural electric discharge within the atmosphere. This also has a direct effect on the sys tem as it can destroy part or all of the system or its power components. All these risks cannot be controlled per se; however they can be mitigated by purchasing insurance policies that address each of the insurance risks (Vacca, 2009) A software attack is another information security threat and it involves an individual or group coming up with a malicious code or malicious software to attack an organization’s information system. These programs are designed in such a way that they can damage the target systems or even deny access.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More They take various forms which include viruses, which are software that attach themselves on other programs and can destroy the system when activated. Viruses can be controlled by using anti-viruses which prevent them from accessing a computer system. Secondly are worms, which are able to replicate themselves several times such that they fill the computer memory. Anti-viruses can also be used to control them as they are capable of detecting them and inhibiting their performance (Vacca, 2009) Technical hardware failure is another type of threat whereby an organization purchases equipment that has a defect from a manufacturer. The defect can be known or unknown. Such flaws can result in unexpected performance of the system such as unreliable service. These can therefore lead to losses to the organization, some which are irrevocable. The best control measure is to ensure that the organization purchases from reliable vendors who can offer products with guarantees as well as quality produ cts. However, it is also important that regular check ups and service be done to the equipments so as to be able to detect defects in advance and correct them (Vacca, 2009). Risk management Before defining risk management it is important to define the key terms that make up its definition. Threat: refers to any event, object or circumstance which has the possibility and capability of adversely affecting an organization’s asset, through destruction, denial of service or unauthorized access. Vulnerability: refers to the â€Å"existence of a weakness in design or implementation or an error that can result in undesirable or unexpected event that may compromise the security of the information system† (Alberts Dorofee, 2002 p. 28). Therefore, risk management is a process whereby vulnerabilities as well as threats and potential impacts that are as result of security incidents are evaluated against safeguard implementation costs (Alberts Dorofee, 2002). Risk management strat egies are developed and implemented so as to reduce adverse impacts and to provide a framework that can be used to make consistent decisions concerning the options of risk mitigation. Risk management is broadly divided in to two phases: the first one is risk assessment which involves identifying threats and assessing the possibility and ability that the threats can exploit some vulnerability of the organization as well as the impact in the event that the threat happens. The other stage involves risk treatment; where an organization responds to the risks identified earlier. Risk management is important to the organization because it helps the management to determine the protection needed by various assets at the most efficient cost. Investment in risk management is beneficial both now and in the future and to everyone that deals with the organization (Alberts Dorofee, 2002). Risk Assessment This process has various stages which include: first identification of assets where the asset s of the organization are identified and their value is determined. Secondly, there is threat identification and assessment of threats. This involves identifying the categories of threats and the adversaries that pose the threats as well as their motives. Such threats can be terrorists who want attention, political activists fighting for some rights or disgruntled employees who feel wronged by the company. The next step in assessment of threats is determining the adversary’s capability, how frequent the threat can occur and the extent of damage it can cause on the related asset (Kouns Minoli, 2010). When documenting the adversaries it is important to consider technical and human capabilities as well as their modes of operation. These include even those parties that are able to cooperate with them as well as how easy they can communicate with them. Being that threat is the most difficult to assess, it is important that both facts and assumptions are recorded. Lastly there is the determination of vulnerability level of each of the assets that need protection. Here an in depth knowledge of the capabilities of countermeasures that an organization has is important. As a result an appropriate scale can be developed for measuring (Kouns Minoli, 2010). The third stage of risk assessment is analytical risk management. Here the threats and vulnerabilities are evaluated in regard to the respective assets so as to provide an expert opinion on the possibility of loss and the impact as guideline for action. In order to asses the risk effectively and to determine what to prioritize in asset protection one should do the following: first, estimate what level of impact the undesirable events have compared to each target asset. This involves reviewing the impacts based on the information acquired on vulnerabilities and threats. As a result the ratings can either increase or reduce (Calder, Watkins Watkins, 2010). Secondly, estimate how likely an attack can happen from the potential threats. This involves evaluating the adversary’s capabilities, his intentions and other details of their history. After this, rating is done to determine the most and least likely threat. Thirdly, estimate the probability that a given vulnerability will be taken advantage of by a given threat. Here a review is done on the vulnerability ratings that were done previously. Armed with information from all the ratings done, an overall level of risk of the information system is done. As a result suggestions of measures to be taken are made (Calder, Watkins Watkins, 2010). Risk Treatment This is the ultimate goal of risk management as information from the assessment stage is used to determine the appropriate treatment measures that will be implemented. There are various options available in treating risk. It can be reduced, avoided, accepted or even transferred. However a combination of more than one option is also possible. There are various factors that determine w hich options to pick and these include the cost incurred each time the event associated with the risk happens, the expected frequency with which it will happen, the attitude of the organization concerning risk, availability of resources and the current priorities of the organization concerning technology (Roper, 1999). When an organization chooses to reduce risk, it will have to choose whether to reduce the chances of occurring or reduce the chances of the adversary exploiting vulnerability or even reduce the effect of the threat should it successfully occur. The organization can also choose to accept the risk when reducing is not possible. This includes lack of appropriate measures to be implemented, whose costs outweigh the losses to be prevented. In cases where the risk cannot be reduced to acceptable levels it can be transferred to a third party, for instance to an insurance firm by buying a policy to protect the property against the threat (Roper, 1999). Risk avoidance is anoth er option, whereby the firm chooses to avoid all business dealings that are associated with the risk. After identifying the risk treatment decisions to use, the next step is implementing the decisions. This is later followed with monitoring and reviewing stage, which is a continuous process as long as the organization is in operation. However, risk cannot be eliminated completely and instead it can only be minimized to acceptable levels. What remains after minimization is referred to as residual risk. There are chances that the residual risk can grow to unacceptable levels and this shows another importance of monitoring and reviewing (Roper, 1999). Importance of information security and control management Research has shown that most managers as well as employees do not regard information as a primary priority particularly because it seems not to have a direct impact as effectiveness and efficiency. This calls for training to create awareness on its importance and its roles. Differe nt levels of management should be given specialized training on the relevance of information security in their level. Then the link between the training and the organization needs at each level should be established. In addition the training should be customized to focus on specific security issues (Isaca, 2010). An organization’s failures related to security can really be costly to a business. These costs can be recovery costs or even reputation costs. When an organization’s system is easily accessed by intruders, it ends up losing confidence from the public. As a result customers will be reluctant to deal with them. Therefore it is important that an organization invest in designing and development of effective information system. This calls for an organization to develop an information security policy which defines its information system as well as the access to its information property. It also explains the control measures that are appropriate for the organization. As a result the company increases its efficiency in managing its information assets (Kadam, 2002). In addition, an information system that has effective security and control measures in place can be an area of competitive advantage to an organization. This is because in such a system customers’ and suppliers’ documents will not be lost or be destroyed. Particularly because access to the system is controlled and incase part or all of the system is destroyed, back ups are available. Stakeholders are therefore attracted to such an organization as they feel that their documents will be secure. On the other hand the organization is able to plan how to better meet the stakeholders’ needs using the reliable information (Kadam, 2002). Conclusion Every organization has a need for information security and control. Therefore, when designing and implementing the information system the management must ensure that it meets those needs. An assessment of the organization shoul d be done to find out the needs and get information that will help in addressing the needs effectively. The assessment includes assessing the assets of the organization, the threats it is facing and its vulnerable areas. As a result the organization becomes equipped with adequate information that can help it come up with effective treatment decisions and in the end these decisions are implemented. In addition, the system should be monitored and evaluated continuously to ensure that the system is actually meeting the objectives which it is meant to. References Alberts, C. J. and Dorofee, A. J. (2002). Managing information security risks: the OCTAVE approach. Upper Saddle River, NJ: Pearson Education. Calder, A., Watkins, S. and Watkins, S. G. (2010). Information Security Risk Management for ISO27001/ISO27002. Cambridgeshire: IT Governance Ltd. Isaca. (2010). CISA Review Manual 2011. Rolling Meadows, IL: ISACA. Kadam, A. (2002, September). Why Information Security is important for you r organization: Network Magazine. Retrieved from http://www.networkmagazineindia.com/200209/security2.shtml Kouns, J. and Minoli, D. (2010). Information Technology Risk Management in Enterprise Environments: A Review of Industry Practices and a Practical Guide to Risk Management Teams. Hoboken, NJ: John Wiley Son. Roper, C. A., (1999). Risk management for security professionals. Burlington, MA: Butterworth-Heinemann. Vacca, J. R. (2009). Computer and information security handbook. Burlington, MA: Morgan Kaufmann. Whitman, M. and Mattord, H. J. (2008). Principles of Information Security. Boston, MA: Cengage Learning EMEA. This research paper on Management of Information Security and Control was written and submitted by user Zayne Burks to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

What is science essays

What is science essays Science is one word in the English dictionary, that could have many different meanings. Many times, humans will attempt to reach too far, and distort the true meaning of a word, as is the case with science. After reading the selected material in Science s quite easy to gain a simple knowledge of the word. Science can be defined as the testing of nature to explain how things work. Through the study of science, many questions about the world we live in can be answered. Through science, we see many of the boundaries and rules of our natural world. Science also gives us a way to make conclusions about evidence that weve not yet discovered. Throughout the books, there are very drastic viewpoints about some of the basic elements of science. Science hard proof of what is already revealed in the Bible. When God created the Earth, he made absolutes that only God could ordain. Nature works on boundaries that only God fully knows about. Science is an attempt by us to understand and explain the rules the God set in place many years ago. The viewpoints of this book reflect that of our discussions so far in class. Through our Christian perspective, God is the ultimate truth and only he has all the answers for the world. He chose to reveal himself to us in two ways, through his teachings and his only son Jesus Christ. In both instances, he revealed many things that he didnt have to reveal. The bible is the best source for information about the world that we live in. Also, we have the empirical knowledge that we obtain about the natural world that compliments the scriptures and in result, helps us better know our creat or. The book A beginners guide to the Scientific Method giv...

A Beginners Look at the Subjunctive Mood in Spanish

A Beginners Look at the Subjunctive Mood in Spanish One of the most confusing aspects of Spanish for beginners is the subjunctive mood. In fact, it usually isnt taught, at least to those using English as a first language, until at least the intermediate level. But even as a beginning Spanish student, you should be aware of what role the subjunctive mood plays, if only so you can recognize it when you come across it in speech or reading. What is the Subjunctive Mood? The mood of a verb, sometimes known as its mode, indicates what type of role it plays in a sentence and/or the speakers attitude toward it. For the most part, in English as well as Spanish, the most common verb mood is the indicative mood. In general, it is the normal verb form, indicating both action and state of being. Both Spanish and English have two other verb moods. One of them is the imperative mood, used in making direct commands. For example. the Spanish Hazlo, and its direct English equivalent, Do it, use a verb in the imperative mood. A third mood, extremely common in Spanish and other Romance languages such as French and Italian, is the subjunctive mood. The subjunctive mood also exists in English, although we dont use it very much and its use is less common than it used to be. (The were in if I were you is an example of the subjunctive mood in English.) Without limiting yourself much, you can speak English for days and get by without using a subjunctive form. But that isnt true in Spanish. The subjunctive mood is essential to Spanish, and even many simple types of statements cant be made properly without it. In general, the subjunctive is a verb mood that is used to express an action or state of being in the context of the speakers reaction to it. Most commonly (although not always), the subjunctive verb is used in a clause that starts with the relative pronoun que (meaning which, that or who). Frequently, the sentences that contain a subjunctive verb are used to express doubt, uncertainty, denial, desire, commands, or reactions to the clause containing the subjunctive verb. Comparing the Indicative and Subjunctive Moods The most important differences between indicative and subjunctive moods can be seen by comparing two simple sentences: Indicative: Los hombres trabajan. (The men are working.)Subjunctive: Espero que los hombres trabajen. (I hope the men are working.) The first sentence is in the indicative mood, and the mens working is stated as a fact. In the second sentence, the mens working is placed in the context of what the speaker hopes for. It isnt particularly important to the sentence whether men work or not; what is important is the speakers reaction to it. Note also that while the Spanish distinguishes the subjunctive through the conjugation of trabajar, no such distinction is made in English. Although not common, sometimes a Spanish sentence using the subjunctive is translated to English using the subjunctive: Indicative: Insisto que Britney est sana. (I insist that Britney is healthy.)Subjunctive: Insisto en que Britney està © feliz. (I insist that Britney be happy.) Note how the first sentence in both languages asserts Britneys health as a fact. But in the second sentence, her health is stated as a strong desire. Insist is one of very few verbs in English that can trigger the subjunctive mood, but Spanish has thousands of such verbs. The following sentences show other reasons for using the subjunctive; note how a distinctive subjunctive form is used in English in only the final translation. Indicative (statement of fact): Britney est sana. (Britney is healthy.)Indicative (statement of fact): Sà © que Britney est sana. (I know that Britney is healthy.)Subjunctive (doubt): No es cierto que Britney està © sana. (It is uncertain that Britney is healthy.)Subjunctive (likelihood): Es probable que Britney està © sana. (It is likely that Britney is healthy.)Subjunctive (denial): No es verdad que Britney està © sana. (It is not true that Britney is healthy.)Subjunctive (reaction): Estoy feliz que Britney està © sana. (I am happy that Britney is healthy.)Subjunctive (permission): Es prohibido que Britney est sana. (It is prohibited for Britney to be healthy.)Subjunctive (desire): Espero que Britney està © sana. (I hope that Britney is healthy.)Subjunctive (preference): Preferimos que Britney està © sana. (We prefer that Britney be healthy.) Recognizing the Subjunctive Mood In everyday Spanish, the subjunctive is used in only two of the simple tenses, the present and the imperfect (a type of past tense). Although Spanish has a future subjunctive, it is nearly obsolete. While you may not need to memorize the subjunctive conjugations as a beginning Spanish student, becoming familiar with them can help you learn to recognize them.. Here are the subjunctive forms for regular -ar verbs, using hablar as an example: Present subjunctive: yo hable, tà º hables, usted/à ©l/ella hable, nosotros/nosotras hablemos, vosotros/vosotras hablà ©is, ellos/ellas hablen.Imperfect subjunctive: yo hablara, tà º hablara, usted/à ©l/ella hablara, nosotros/nosotras hablaramos, vosotros/vosotras hablareis, ellos/ellas hablaren. (There are two forms of the imperfect subjunctive. This one is the more common.) And the subjunctive forms for regular -er and -ir verbs using beber as an example: Present subjunctive: yo beba, tà º bebas, usted/à ©l/ella beba, nosotros/nosotras bebamos, vosotros/vosotras bebis, ellos/ellas beban.Imperfect subjunctive: yo bebiera, tà º bebieras, usted/à ©l/ella bebiera, nosotros/nosotras bebià ©ramos, vosotros/vosotras bebierais, ellos/ellas bebieran. The subjunctive perfect tenses and progressive tenses are formed by using the appropriate subjunctive form of haber or estar followed by the appropriate participle. Key Takeaways The subjunctive mood is a key aspect of Spanish grammar and is much more common in Spanish than it is in English.The subjunctive is used primarily for viewing a verbs action from the perspective of the speaker rather than stating it as a fact.The subjunctive mood is used in the present and imperfect tenses.

Ethics and policies Essay Example | Topics and Well Written Essays - 2500 words - 2

Ethics and policies - Essay Example Ethics can best be defined as standards of moral behaviour that are accepted by society as right versus wrong (Nickels et al, 2005). Businesses, as much as an individual, are held accountable for their actions in relationship to societys ethical expectations. Most modern companies are struggling to emerge profitable and reputable in a market that is saturated with competition. One of the tactics used to increase positive visibility in the business world is in establishing a distinctive ethical position. As much important as a companys mission or vision statement is the establishment of a Code of Business Conduct and Ethics annual report. The purpose of this statement is to apply ethical standards to all employees, directors, officers, and possibly subsidiary groups that define disciplinary actions for those who breach the code of conduct. What this serves is to separate the company from any possible negative assessments of its policies on behalf of consumers and to send the message t hat any deviation from ethical code will be immediately corrected through new initiatives or employee accountability for the act. In establishing a distinctive ethical position, most companies tend to address issues such as conflicts of interest, confidentiality, fair dealings with other entities, compliance standards, and sometimes cultural ethical standards when dealing with international organisations. The publicity gained from such an ethics code aids not only the business by securing its ethical actions, but also serve the communities, shareholders, and can prevent costly legalities brought on by unfair business practices. These types of lawsuits can be as minor as a breach in employment policy to as extensive as misrepresenting company earnings to inflate company stock. In a world where multiple businesses have been flattened due to false representation of company revenue, offering a It is quite clear to see the

Paid fulltime firefighters are not compensated enough for the job they Essay - 1

Paid fulltime firefighters are not compensated enough for the job they provide citizens - Essay Example This paper will try to point out that despite the seemingly attractive salary of a firefighter in New York, there is a generally perceived low salary for firefighters that restrain many aspirants from seriously considering it as a career. A firefighter’s sworn duty is protect lives and properties from the threats of fire. But most of the time, they also need to respond to emergency calls for public safety from medical, disaster to terrorist acts. Aside from responding to emergency calls and situations, firefighters also include in their duty to educate the public for fire prevention as well as aid in the investigation process for cases that involve fire or arson (NYFD, 2). The firefighters are expected to be ready to serve, brave enough to bring other people and properties to safety despite threats to their own lives, committed and prepared to perform their duties (NYFD, 3). Prevost et al (42) suggested that firefighters face tremendous occupational accidents and the job requires physical and mental professionalism to be able to perform satisfactorily. They encounter in their job aerobic capacity and significant motor coordination. In one study, it was found that many firefighters do not receive salaries but work on voluntary basis, receive minimal government support, and work only as required and when needed, specifically in emergency situations only (Monares, Ochoa, Pino, Herskovic, Rodriguez-Covili, and Neyem, 36). In responding to emergency situations, the firefighters are expected to be aware of full information about the situation in order to take control. These information includes the dangers of the fire, type of fire, size, evolution; affected areas, building blueprints, emergency exits and access, electric or gas network; surrounding key resources such as schools, elderly care homes, chemical industries; the update of response process such as the number of fire trucks and firefighters in the area and capabilities of

A short history in bioinformatics Essay Example for Free

A short history in bioinformatics Essay Due to the influx of information from numerous research studies conducted by scientists under the coverage of Molecular Biology, the ongoing process has fueled the need for the development of a system that shall be able to organize and collate information – that is, Bioinformatics. From Tiselius’ design of the process of electrophoresis, to the development of the alpha-helix by Pauling and Corey, and consequently the improvement of Pauling and Corey’s model to the double-helix by Watson and Crick, developments on protein crystallography, the creation of the Advanced Research Projects Agency Network or ARPANET, the creation of molecular models, and so on, these various events and situations were taken collectively developing the need and recommendation for the creation of a model or framework that will handle information simultaneously, efficiently, and reliably. (Sadek, 2004) From the developments and discoveries of new information based on the processes and techniques employed in the field of Molecular Biology, supported by the attention and interest granted to computers and technology during the eighties because of the dawn of the era of technology, the role of Bioinformatics was realized, emphasized, and consequently developed. Scientists, as well as various organizations, industries, academic institutions, and such, have continued to develop and improve Bioinformatics. The results constitute the engineering of various applications or softwares since the concept of Bioinformatics was framed during the seventies. Each program or application that was structured were designed to carry out multifarious and specific tasks and responsibilities including DNA sequencing or mapping, the organization of data according to priorities, use, needs, concerns, problems, etc. Some of these applications or softwares include the PC/GENE, PROSITE, SEQANALREF, etc. (Agarwal, 200-) At present time, Bioinformatics continue to evolve and develop as man consciously obtains more complex information and experience developments from previous knowledge and established theories or concepts. In addition, as numerous problems and conflicts related to Biology and its practical application including lessons or concepts arise, Bioinformatics as a practical and essential field in Science and Technology will continue to look for solutions in order to address these concerns. The changing landscape of society, particularly its move from traditionalism and individualism to modernization and globalization, influences changes and transformations in Bioinformatics. BIOINFORMATICS: Molecular Biology, Computer Science, IT, and Statistics In order to deeply understand how Bioinformatics work, we need to go over the structure and features of the subfields that it constitutes, such as Molecular Biology, Computer Science, IT, and Statistics. Molecular Biology is a branch of Science that deals with the analysis of various molecules within living things in general. Various types of cells from man, animals, and plants are studied and analyzed in order to determine molecular compositions, and consequently learn determine their structures and compositions, their reactions to other molecules and substances found within living things, their functions and contributions to human life, or life in general including plants and animals, and so on. Molecular Biology also studies Deoxyribonucleic Acid or DNA compositions of living things as they contribute knowledge and information on Genetics. This particular aspect focuses on structuring how molecules reproduce through DNA replication within a cell. (Hyman, 2003) Computer Science and IT are both products of the fusion between Science and Technology. They function because of the build-up of information that constitutes Molecular Biology for the purposes of quantifying and qualifying facts and data into meaningful sequences, models, or formations that may be interpreted, analyzed, and synthesized. Some of the specific contributions of Computer Science and IT include the storage, construction, and reconstruction of DNA sequences, a thorough genome analysis by accessing various related information in databases managed by IT, the construction of graphic organizers or visual representations of information for clarity and direct presentation of facts, the timely and efficient transfer and receipt of information across databases and information systems, and the collation of variable information about protein sequences. (Keedwell Narayanan, 2005) Statistics, as a mathematical and scientific approach to analyzing and interpreting data, contributes to Bioinformatics by allowing scientists to test the weight or magnitude of information and provide quantifiable data that may be interpreted according to established standards or guidelines. Information, facts, or data, obtained through experiments and consequently, the findings obtained by molecular biologists from thorough analysis and evaluation an in depth research studies are labeled with values leading to the formulation of estimates, predictions, or likelihoods of the occurrence of various phenomena. Moreover, Statistics is important in allowing computers and various technologies to determine how facts or data are to be translated in order to arrive at scientific conclusions of generalizations. (Ramsden, 2004) By and large, the unique features and contributions of these fields in Science, Technology, and Mathematics, meld together in order to build the foundations of Bioinformatics. Information from Molecular Biology are utilized and transformed to numerical data through Statistics, and both informational statements and figures are stored in computers and other technologies including IT systems or processes, IT functions, standards, guidelines, etc. for easy access and retrieval, synthesis, analysis, and interpretation, and are consequently managed through IT systems and processes. BIOEDIT BioEdit is a software application made available for Windows Operating Systems that is used to reconstruct how DNA, nucleic acids, and amino acids are arranged in order to follow the superlative sequence of these substances based on rules and standards derived from previous studies and analyses by molecular biologists and geneticists. Aside from these functions, BioEdit also runs to provide users with graphic simulators that construct drawings or illustrations, chartings and mappings, etc. , BLAST searches, and alignments. (Salemi Vandamme, 2003 and Tsai, 2002)

Sparta Vs Athens :: essays papers

Sparta Vs Athens In Ancient Greece there were two different major forms of government, Oligarchy and Democracy. The two city-states that best represent each form of government were Sparta (oligarchy) and Athens (democracy). The democratic government in Athens, though de cently equal, fair and fairly advanced for its time, did not meet the needs of the Greeks. During a time of many military battles Athens decided to worry more about comfort and culture. It is the oligarchy in Sparta that put a war-like attitude as it's first priority and best met the needs of Ancient Greece. The Athenian democratic government, which may have given the citizens in Greece more freedom, was not the best form of government at the time. The democracy in Athens cannot really be called a true democracy since there were several flaws in the governme nt and the way it worked. Only ten per cent of the total population of Athens actually had voting rights and all of these citizens were upper class men who were over thirty years old. Women, no matter what the class or age, were given no freedom at all. They were first owned by their fathers and then were passed from them to their husbands who then gave them nothing more than the responsibilities of managing the household and educating the children. During a meeting of the Assembly, a policy could be adopted and formed into a law but once the meeting of the assembly ended, the enforcement of that law was left in the hands of people who may not agree with that specific law. Also, a rule of the Assembly said that if a certa! in speaker became too powerful, he could be expelled from the country if given a majority vote by the Assembly. This rule could easily be abused and really infringed on the freedom of speech that most democracies have. The Assembly was made up of five hundred men who were chosen from a list of those who were eligible to serve on the council. Since most of the population was of a lower economic class, the time taken away from their normal work by serving on the Assembly lowered their earning potential , causing their already poor situation to worsen. Life may have been sophisticated and graceful in Athens but the Athenians were often mocked by opposing countries and other city-states for having no bravery, patriotism or courage. This was shown by the repeated attacks on Athens. If the Athenians had a more war-like

Baz Luhrmann’s interpretation of the opening scene Essay

Concentrating on the presentation of character, setting and sound, analyse review and comment on what seems to you to be significant features of Baz Luhrmann’s style as a film director, with particular reference to â€Å"Romeo and Juliet† Baz Luhrmann’s recreation of Shakespeare’s play â€Å"Romeo and Juliet†, as a film text, has been a great success in today’s modern world. Baz Luhrmann’s intentions, in making this film, were to take a classic Shakespearean play (something that not that many ‘young’ people appreciate any more in this modern age) and to modernise it. To translate the image of what would have been an exciting source of entertainment in the 17th century into a fun filled action/romantic movie suitable for the demanding eyes of the modern world’s youth . Baz Luhrmann had ask himself the question: if Shakespeare were alive today, how would he of made the movie. The expression he uses is ‘putting Shakespeare on a billboard in ‘Time Square’. The film opens with a picture of a television screen switched off then, with no sound, clicks one with a few credits on the screen as if someone is changing the channel to find something that would interest them then clicks onto this channel with a newsreader reading out what sounds like news but is the prologue of â€Å"Romeo and Juliet†. While the newsreader is reading out this in the background in a box, where you would see a picture of a broken wedding band, which symbolises the broken love between Romeo and Juliet. Then uses a series of camera styles like rapid zoom and whooshing noise as it goes into the image of the newsreader, followed by dramatic music. The images then start ‘whooshing’ onto other similar images of Verona and with this the prologue is repeated by the priest, with a more stern and authentic voice. Then it shows pictures of the cast with information about them. This is the introduction to Baz Luhrmann’s film and with this he catches the viewers attention. He achieves this by giving the viewers a taste of the excitement to come by showing a few short clips of some if the film. This makes them hungry for more. In the first scene of this recreational play we start off with 3 men from the house of Montague, the ‘Montague Boys’, which we see at the start of the film accompanied with a big title saying: ‘THE MONTAGUE BOYS’ and a rap style song repeating the words: â€Å"the boys, the boys†. They are achieving what Shakespeare wanted them to do originally – going around being boisterous and rowdy – but in a modern days style. In the original play the 2 men are just going around a market place showing off Baz Luhrmann pretty much goes along the same line of what happened in the original play but with cars, tall extravagant buildings, helicopters, sirens etc. Baz Luhrmann puts the Montague’s in a petrol station where they meat up with there rivals the Capulet’s and recreates the confrontations with guns, which just so happen have the brand name of swords, rapiers etc. It’s all very clever if you’ve seen the original play. Even though that Baz Luhrmann has changed the visuals and made the film more modern he hasn’t changed the script he has still kept it in that same Shakespearean tong: â€Å"thus, thou hast, knowest, thow etc. He did this for 2 reasons: 1 because if he didn’t keep the script it would virtually be the same as ‘East side story’ (another recreation of Romeo and Juliet) and 2 to bring a piece of the 17th century and stick it in the film to show people, of the modern world, how Shakespeare made his play. Baz Luhrmann kept the original scripture of the film; he did this so that he still kept the true nature of the play pure. In doing this he had to make the visuals far more stunning, majestic and exaggerated so as to make it so the audience could understand it through the visual image of the film. The characters in Luhrmann’s films are very exaggerated so by looking at the way they act and speak you can instantly tell what kind of person they are in the film: ‘The bad guy’, ‘the funny guy’, ‘the romantic guy’ etc. For example the two Montague boys are all rough and tough when they are talking behind the Capulets back but when they are face to face with the Capulets they are very jumpy and scared and also very comical at the same time. But the Capulet boys are much more mean and bullish. Abra a big scary looking character who strikes fear into the Montagues he also loses his temper and Tybalt. Tybalt being the main big bad guy of the film is very harsh and cruel he looks like a big gun slinger. He has a very stylised character – his movement his whole style gives him a great sense of character even by the way that he speaks you know he is the bad guy. The complexity of the sound involved in Baz Luhrmann’s creations is quite fascinating. At any one point in the film there are a lot of sounds being played for all the different types of things, which you can here, even in the simplest scenes. Many of the sounds are synthesized this means the sounds are created by a computer, this allows the editor to add in and take out sound with ease. You’ll see an image on the screen and will be listening to a complex layering of sounds, which will all be playing at once. For example: footsteps, gunshots, whooshing and cars in the background, dialogue and much more. The music will change to the emotion of the person or the film. If you were to listen to all the sounds individually and added together you would be able to hear how the affects are achieved and see how complicated it actually is. All the sounds are stored on a sound deck and are then arranged and played at the times required. The film even has its own sound track, which was released into the charts and went number one at one stage or another. People listened to this and were deeply encouraged to go and watch the film because of what they heard from the soundtrack. Sound is used to enhance emotion and interest: the rap style music at the start of the film when the Montague boys are in their car, a ‘cougar roar’ sound is emitted when the car revs its engine (this is used to give a sense of danger) Silence is also used to increase tension. Exaggerated sounds on small objects are also used for this purpose. Choreography is the word, which means ‘style of the character’ and the movement of the character i. e. the style of the movement given out gives a sense of character. Tybalt’s style is very intriguing in the way that he moves almost like he’s dancing. Tybalt’s movement is meant to be a sort of flamenco dance; he moves very fluently and gives a sense that he is an experienced gun fighter. The part when every thing goes silent and Tybalt comes onto the scene and all you see is boots which then crush on a dropped match and emits that horrible grinding sound. The way in which Tybalt moves embellishes his character. The Montague boys are very jumpy and scared and react with great movement this is called ‘Pantomimic exaggeration’. In the first scene 170 shots were used. The techniques used in the film were very much the same as the ones used in western films. The film was meant to be in a western genre, a spaghetti western. A spaghetti western is a sought of love story/ western. The camera techniques used in the film are very good at delivering different emotions or to increase/decrease tension. Big wide shots are less dramatic than the suspension given out by a close up shot. In the first scene there is a large variety of camera styles used, such as when Abra is confronting the Montague boys and the camera suddenly zooms in on his teeth with the word S I N inscribed on them, with camera is looking up at him, this terrifies the Montagues and then causes one of the Montague boys falls back into the car and the camera is looking down on him. When a camera is looking up at a character it is much more scarier than when a camera is looking down upon someone. Computer aided technology was used to help design the costumes for the characters in the film a photo’s was taken of the actor and the designs where then put on to the computer software to be mapped out and used so they could try samples on the actors to see how it looked and see if they liked it or not, in that context. The Montagues wore bright Hawaiian styled open t-shirts while the Capulets wore flat jackets and darker clothing in a more Latino style. They have also spent a lot of time designing the guns for the films, which symbolize the swords in the original play (that’s why the gun brand is called swords). You see in the film the two buildings of both Montague and Capulet, this represents the focus on religious iconography shows that religion (the 2 families are both religious families and respect there religious beliefs) and the law are not able to maintain the battle, the confrontation, and the feud between these to households. Miami was used to shoot the film because of its Latino genre and its religious environment hot country- hot blooded. The gas station was used in the film to symbolize modern city life and to keep the scene similar to that of the original play: market square and gas station both places of common publicity.

Financial Crisis: Beyond the 1929-2008 comparison Essay

There has been major economic and financial crisis that have afflicted the world economy since 1929. It all started with â€Å"a great depression† in 1929 that lasted for about 10 years and then some of the other major crisis followed it, the next one being the oil crisis in 1973 then the Latin American debt crisis in 1980’s, in 1990’s the collapse of the Japanese asset price bubble and then in 1997 the Asian financial crisis and then in 2007 United states’ subprime mortgage crisis leading to a Global financial Crisis (Wikipedia: 1973 Oil Crisis, 2010). But there has been certain strategy of the corporate sector that distinguishes the crisis and its impact whenever it took place, as during the times of crisis the steps taken by the people who are economically and financially linked either directly or indirectly becomes very important due to the criticality of the situation and a particular step could make or break for the companies and economy as a whole. Getting over to the 1929 â€Å"The Great depression† that is considered to be a ravaging stock market crash in the history of United States of America that initially occurred because of the over-optimism of economists who believed that the stock prices are invulnerably high which they actually were in early 1920’s but soon those believes and certain predictions proved to be wrong when the stock market collapsed badly in October 1929 and remained broken-down for the next decade (Wikipedia: Wall Street Crash of 1929, 2010). People who borrowed money to buy the number of stocks relying on to the predictions of the economists were helpless with the situation, some people sold in a loss rite away but some kept it with them in a desire to make them even but had to wait for it for most of their life. The economy of U. S fell to its all time low in 1933 with industrial output being only 65% of the previous level. It not only affected U. S but all the countries worldwide as with some examples being Germany, Australia and Canada where the unemployment rates reached nearly 30% (Xinhua News Agency, 2009). The depression that began in United States but quickly transformed into a worldwide slump because of the underlying weaknesses and imbalances within the U. S economy that was previously vague by the Booming economy psychology and the blues of 1920s. The depression unveiled those weaknesses as it did the capabilities if the nation’s political and financial institutions to cope with the massive downward economic cycle that was set in 1930. As it was a depression never sighted by the countries, government took a very little or no action in times of economic downturn and relied heavily on an automatic market forces (Demand and Supply) to accomplish the economic correction. But those forces were unsuccessful in getting the desired recovery during the initial stages of the Great Depression and this badly hit discovery gradually inspired some of the fundamental changes in U. S economic structure and soon government came up with interfering in the form of taxations, public relations, industrial ordinance, insurance, welfare services and certain spending from them confirmed economic stability in the industries with free Market economies. The second biggest recession came in 1973, when Arab countries imposed embargo on the exports of oil and petroleum in retaliation to the U. S decision to re-supply the Israeli military. As Arab countries announced during the Yom Kippur war, the countries that supported Israelis in the conflict. Hence, the long lasting capabilities of embargo related to massive oil prices, disrupted oil supply and recession and with persistent increase in the need for crude oil and petroleum for the industries lead U. S and other European countries made it tough for the industrial sector there to grow and not only that Arab Oil suppliers got united with others to boost up the prices of Oil and crisis further exacerbated that limited the price of an old oil with that allowing newly extracted oil being sold at a higher price, resulting in a secession of an old oil from the market, creating artificial shortage. As with this the 1973 oil inducted the worst ever economic crisis since World War II in key Industrial states, resulting in a deadline of more than 14 per cent industrial output in the U. S and more than 20 per cent in Japan. As a striking inflation was experienced during that period and this massive increase in prices were to be blamed for being suppressive of economic activity. The infected countries responded with a variety of new and probably taking a permanent initiative to contain further dependency. As the oil price stunned the economy by further leading to a stock market crash in 1973-1974. The impact followed several years of steep income declines after the recent failure of pulling off the major Western oil companies. The third real crisis situation occurred that was in 1980’s that were the Latin American Debt crisis. It all started when the Latin American countries started borrowing huge sums of foreign cash to develop the domestic industries during 1960’s. The Latin American region that includes people speaking Roman languages and specifically Spanish, Portuguese and French termed as Latin (Romance languages). The foreign debts for the Latin Americans exceeded USD 300 billion (Xinhua News Agency, 2009) in the early 1980s. In 1982 Mexico revealed it incapability of repaying the debts that triggered a world Shaking debt crisis. Mexicans requested a 90 day rollover of the payments of the principal in order to restructure the financial packages. Unfortunately that problem aroused all other Latin American countries and some other debtor countries in all parts of the world. The Mexican impact was far reaching as it created an atmosphere that caused to issue dreadful forecasts by the people that were thankfully never realized. Most of the observers believe that the petrodollar recycling during 1970s gave birth to this debt crisis. As during that period the oil prices grew dramatically. Commercial banks were as well eager of making profitable loans to the governments and state-owned entities in developing countries, using dollars that were flown from the Middle Eastern countries and because of that the Latin America also got keen of borrowing the relatively cheap money from the banks (Ruggiero, 1999). During the crisis, GDP per capita of Latin American countries dropped by 10 percent (Xinhua News Agency, 2009). The adjustable interest rates interest loans sky rocketed in the early 1980s when the United States attempted to minimize inflation by enforcing rigorous monetary policies where, at the same time, it also increased its military spending. The administration of Reagan during that time in U. S did all this while shortening their Income tax rates. The raw material prices fell drastically around the Globe, which resulted poor countries with lesser money even to re pay their debts. Brazil and Mexico for example closely defaulted on their loans, and according to an International Law, there was no other option for these poor countries but to declare bankruptcy. Though commercial banks in that situation came to the rescue and prevented its defaults. Although many developing countries were left in huge debts and as a result they could no longer get loans. With no real way out, these nations have always relied heavily on the World Bank and/or International Monetary Fund (Ruggiero, 1999). The next real collapse of the Japanese Asset Price bubble was an economic bubble in Japan that took place from late 1980’s to early 1990s when the Japanese real estate and stock prices experienced a ruinous crash in 1990 after years of Inflation. During that time Japan suffered inveterate deflation and economic recession due to its asset devaluation and in the middle of 1990’s the country’s economy entered into a phase where there was a Zero growth (Xinhua News Agency, 2009). Since late 1980s the Japan’s experience shows the emergence and bursting of the bubble that played an important role in economic fluctuations throughout that period. The experience that was observed to have given the indication of a close relations in both financial and macroeconomic instability to large fluctuations in assets prices and raising the question of what has to be an appropriate way of treating asset prices in macroeconomic policy making. It has to be noted that Japan’s experience is the enthusiasm of market participants and together with inconsistent projection of fundamentals that contributed to a large degree to maintaining temporarily high asset prices during that time. Such enthusiasm is often quoted Euphoria that is being excessively optimistic but un-getable expectations for the long term economic performance being lasted for many years before dissipating. The escalated bullish expectations clearly observed in an increased equity yield during the period from the late 1980’s to the early 1990s. As the growth rate of nominal GDP was computed from the equity yield spread in 1990 as high as 8 per cent with the standard assumption that was based on the discount factor. Although the view of low inflation at the time, it was unlikely that the potential growth rate of nominal GDP was close to 8 per cent. Hence that would be more natural to infer the high level of the yield spread in 1990 reflecting the intensification of optimistic expectations, which were not sustainable in the Long run (Shiratsuka, 2005). In the late 1990’s that is in 1997 the Asian financial crisis emerged against the backdrop of U. S dollar appreciation where the exports of many Asian countries whose currencies were nailed down to the dollar and became less competitive. In July, a widespread devaluation of Asian currencies followed Thailand’s decision to float their currency â€Å"Baht†, hence, marking the outbreak of the Asian financial crisis. Indonesia on the other hand with Thailand as well as South Korea was most affected by the crisis. Indonesia’s GDP shrank with a massive 83. 4 per cent followed by Thailand and South Korea’s 40. 4 per cent and 34. 2 per cent respectively the time of crisis (Xinhua News Agency, 2009). The scope and the severity of the collapse were so massive that the outside intervention became somewhat mandatory as considered by many as a new kind of colonialism needed urgently. Since the countries that were sighting a huge downfall were not only the richest in their region but in the world since hundreds of billions of dollars were at stake and any response to the crisis had to be cooperative and international, in the desired case it was International Monetary Fund (IMF). They created rescue packages i. e. the series of bailouts for the most affected economies enabling those affected to avoid defaults that tied the packages to reforms that were intended to make the restored Asian currency with banking and financial systems. In some of the affected countries, restrictions on foreign ownership were greatly reduced and there were sufficient government controls set up to supervise all financial activities and ones they were to be independent and of private interest and the insolvent institutions had to be closed down in order to avoid insolvency affecting other institutions. The financial systems had to become more transparent to provide the kind of reliable financial information used in the West to make sound financial decisions. Somehow the strategy of IMF was opposed and came under great criticism because as countries fell into crisis, many local businesses and governments had taken out loans in terms of U. S dollars that made the currency much more expensive as compared to the local currencies which formed their income actually found unable to pay back to their creditors (Wikipedia: 1997 Asian Financial Crisis, 2010). IN 2007 the U. S subprime mortgage crises lead to another monumental crisis situation that has hurt globally and has forced many businesses to shut down. The crisis broke out in the summer of 2007 in the U. S and its root being mortgages that were made to the borrowers with less ability to repay the loans. The largely invested in products related to subprime mortgages and the tightening of credits around the world. It all started with the bankruptcy of one of the top banks in the world â€Å"Lehman Brothers† and Merrill Lynch’s buyouts in 2008 that caused a major slow down in the global economic growth with contraction in global trade and an astonishing rise in the level of unemployed workforce. Deep recession that emerged in Japan and some other countries that were on the verge of improving their economy somehow got dented with the current crisis (Xinhua News Agency, 2009). The crisis that is named â€Å"the Great Recession† that resulted in the collapse of large financial institutions plus the bailouts of banks by national governments and penultimate downturns in stock markets around the world. The housing market in many countries also suffered, resulting in numerous dispossessions, foreclosures and prolonged vacancies as being considered the worst ever crisis situation since the Great depression in 1930s. It massively contributed to the failure of key businesses, declines in consumer wealth that is estimated to be in the trillions of U. S dollars with substantial financial commitments incurred by the governments, and a significant decline in the economic activities. The market based and regulatory solutions have been implemented or are under consideration, while significant risks remain for the world economy over the periods from 2008. The collapse of in the housing bubble that peaked in U. S in 2006, affected the securities tied to real estate pricing to plumb thereafter, damaging financial institutions in all around the world. The bank insolvencies declined credit availability and damaged investor’s confidence and gradually had its impact on the stock markets, where securities suffered huge losses during late 2008. Critics argued though that credit rating agencies and investors were not successful in pricing the risks involved with mortgage related financial products, and that governments did not adjust their regulatory practices to address the 21st Century financial markets. Governments and central banks had responded with unprecedented fiscal stimulus, monetary policy expansion and institutional bailouts (Wikipedia: Financial Crisis of 2007-2010, 2010). The Crisis throughout the Great depression in 1929 to the Great recession in 2008 are focused as have occurred due to different reasons but end of the day had the same impact and that was denting the global markets. But the strategies throughout the crisis had varied by the policy makers, sometimes it has been successful but sometimes as the recession that stands currently prior to the year 2008 in still active and measures are being taken to overcome the problem. Many companies in between had come up with the strategy of mergers and acquisitions in order to save themselves from bankruptcy and over the years it has become successful for some but has also been unsuccessful. It is somehow noticed that the Mergers and Acquisitions have had the bitter part. The history clearly tells that mergers are not ALWAYS successful for the firms. It takes a great deal of experience and courage to settle with the other firm and handle matters on a larger scale but as it is said the risks are sooner or later paid with dividends. The failures of Dunlop and Pirelli Merger that initiated in 1970, the British –Europe conglomeration went sour as the Pirelli sank into the red. Difficulties in European tire operations in France, West Germany and Ireland as well as Britain were somehow balanced for some time by Profits from Africa, Asia, North America and Australia. The two companies merged because of an intense competition in the tire market and an increased demand for the Japan and North American tires made it challenging for the European markets to grow and the only solution was to increase the financial resources and gain recognition through it hence that resulted in a merger of these two firms. But the troubled economic trends of the 70s played a lead role in the failure of the alliance between Pirelli and Dunlop, progressively deteriorating the relationship between top management of the two groups and their mutual confidence and the deeper elements that led to the Union dissolution was an attempt to combine the groups characterized by significant differences in their models of Corporate Governance, as Pirelli was a family business, while Dunlop was a Public company. Pirelli, as well as many other Italian groups, was controlled by means of a pyramidal structure, cross-holdings of shares and agreement between shareholders, a delicate balance which could be compromised by little changes in the share capital distribution or in its total amount. A delicate balance to preserve which Italian top management refused to implement deeper changes in the Union structure that, in the difficult 70s, might have led the group to achieve better performances. In this regard we can find some similarities between the Union history and a subsequent unfortunate international merger attempt: the one between Fiat and Ford in 1985. Notwithstanding the potential synergies of the joint-venture between the two automotive producers this project failed because the two head offices were incapable of achieving an agreement on the crucial issue of â€Å"corporate control†. The IMF and World Banks on the other hand have been actively participating but the crisis as the history shows, in most of the situations are so massive that their efforts are ruined as well. Bibliography Ruggiero, Gregory. (1999). Latin American Debt Crisis: What Where It’s Causes And Is It Over? Available: http://www. angelfire. com/nj/GregoryRuggiero/latinamericancrisis. html. Last accessed 01 May 2010. Shiratsuka, Shigenori. (2005). The asset price bubble in Japan in the 1980s: lessons for financial and macroeconomic stability. Available: http://www. bis. org/publ/bppdf/bispap21e. pdf. Last accessed 01 May 2010. Wikipedia. (2010). Wall Street Crash of 1929. Available: http://en. wikipedia. org/wiki/Wall_Street_Crash_of_1929. Last accessed 01 May 2010. Wikipedia. (2010). 1973 Oil Crisis. Available: http://en. wikipedia. org/wiki/1973_oil_crisis. Last accessed 01 May 2010. Wikipedia. (2010). 1997 Asian Financial Crisis. Available: http://en. wikipedia. org/wiki/1997_Asian_Financial_Crisis. Last accessed 01 May 2010. Wikipedia. (2010). Financial Crisis of 2007-2010. Available: http://en. wikipedia. org/wiki/Financial_crisis_of_2007%E2%80%932010. Last accessed 01 May 2010. Wright, William M. (n. d. ). The Great Depression that Changed Economic Theory. Available: http://windowtowallstreet. com/1929marketcrash. aspx. Last accessed 01 May 2010. Xinhua News Agency. (2009). Backgrounder: Major economic, financial crises since 1929. Available: http://news. xinhuanet. com/english/2009-03/31/content_11107060. htm. Last accessed 01 May 2010.

The Fifty-fourth Regiment of the Cival War essays

The Fifty-fourth Regiment of the Cival War essays The Fifty-fourth Massachusetts Regiment The Fifty-fourth Massachusetts Regiment of the Union army was the first Negro regiment in the Civil War. They were formed in March of 1863, and were organized at Camp Meigs in Readville, Massachusetts, right outside of Boston. The fifty fourth regiment proved that the Negro man could fight and was willing to fight contrary to popular demand. On January 1, 1863, President Abraham Lincoln signed the Emancipation Proclamation freeing the slaves of the rebelling territories in the south. Then In January 1863 the War Department authorized Governor John Andrew of Massachusetts to raise a regiment of Negro soldiers in his state (McPherson 173). During the first six weeks only one hundred men from Massachusetts volunteered. After the poor turn out Governor Andrew made up a committee to raise money for the recruitment of Negro soldiers. Then in February of 1863, Governor Andrew appointed Shaw as the colonel of the fifty-fourth Massachusetts. All of the officers of the fifty-fourth were also white. Shaw was a twenty-six year old member of a Boston abolitionist family. All of Shaws officers were white abolitionists. After the recruiting process was over all of the Negroes were sent to Camp Meigs. The fifty-fourth started their training on February 21, 1863. Soon after the men of the fifty-fourth started their training they were told that they would get paid ten dollars per month instead of the thirteen dollars they were promised during recruitment. Shaw then wrote Governor Andrew insisting that his, entire regiment including white officers, would refuse pay until his soldiers were given the same payment as all the other Massachusetts troops. Yet Congress did not enact legislation granting equal pay to black soldiers until June 15, 1864. (Kashatus American History) After the Negroes had started their training the Confederate Cong...

How to Style Legislative Terms

How to Style Legislative Terms How to Style Legislative Terms How to Style Legislative Terms By Mark Nichol Capitalization style for words and phrases related to legislation and international agreements is fairly straightforward, but here are some notes about treatment: Constitutions The phrase â€Å"US Constitution† (or â€Å"United States Constitution,† though the form with initials alone is sufficient) should be capitalized as such, as should names of state constitutions (â€Å"the California Constitution,† for example), but the word on its own is lowercased even as a subsequent reference to a specific document. The same is true of a word for components of a constitution, such as article. Names of specific amendments to the US Constitution are capitalized, but whether words or numerals are used to indicate them is contingent on which authority is used: The Chicago Manual of Style, the style manual of record for book publishers, calls for generally spelling out numbers up to one hundred, but the Associated Press Stylebook, which prescribes style for newspapers (some magazines and many Web sites adhere to it as well), uses numerals for 10 and up. So, write â€Å"Thirteenth Amendment† or â€Å"13th Amendment† according to the style your self-selected or externally appointed style guide recommends. Proposed amendments to the Constitution are often identified by their chief proponent (for example, â€Å"the Bricker Amendment†) or their aims (â€Å"the Equal Rights Amendment,† though some people argue that because there is no such amendment, only a movement to pass one, it should not be validated with capitalization). Bills and Acts A proposal for a new law enacted by the US Congress is offered as a bill. A bill proposed in the House of Representatives is given the body’s initials and a number (HR 99), followed by the name of the bill; a Senate is identified similarly (S 13). (As with US and other abbreviations, the initials are often followed by periods, but this style is unnecessary.) This style isn’t exactly mirrored in state and local legislation; for example, in the California Assembly, the local equivalent of the House of Representatives, a bill is abbreviated AB (for â€Å"Assembly Bill.†) If passed, the bill becomes an act, such as the Don’t Ask, Don’t Tell Repeal Act of 2010. (Note that the year of enactment is often but not always part of the official name of the act.) In generic usage, even to a specific act, the word act is lowercased, though many legislative bodies and associated publications capitalize it when it refers to a specific act, as in â€Å"The Act would reverse a long-standing military policy that discriminates against gay service personnel.† Many other names for legislation exist, including code, ordinance, and statute. These words are capitalized as part of the name of a body of laws, such as â€Å"Civil Code† or â€Å"Municipal Code,† but are otherwise lowercased. Treaties and Such Nomenclature for treaties includes formal and informal styles. For example, one notable example’s formal name is the Anti-Ballistic Missile Treaty, but the treaty associated with the Strategic Arms Limitation Talks is informally called the SALT treaty (with treaty lowercased because that is not the official name). A similar international understanding is referred to as an agreement, as in â€Å"the Sykes-Picot Agreement.† Then there is an armistice, which is merely a cessation of hostilities that may or may not be followed by a peace treaty. Many notable armistices have occurred, requiring specific nomenclature such as â€Å"the Korean War Armistice Agreement,† but the default event, that formalizing the end of World War I, is referred to simply as â€Å"the Armistice.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:Possessive of Proper Names Ending in SWhat is the Difference Between Metaphor and Simile?