Yalta Conference essays

Yalta Conference essays The Yalta Conference was one of the most important events in history, let alone, this century. It took place from February 4 to February 11, 1945, at Yalta, Crimea, a port/resort. The three main individuals at this meeting were Churchill of Great Britain, Roosevelt of the United States and Stalin of the U.S.S.R, known back then, and now known as Russia. Roosevelt had two primary goals at Yalta, and he secured them both, during the negotiations. One these key objectives was to involve Stalin in the war against Japan. The Americans had lost too many people since the battles fought with Australia against Japan were bloody ones. And, since it was not clear how to defeat the Japanese since they were so devoted to their country (recall the Kamakasi), Roosevelt wanted Russian involvement in the war. His other major objective at the Crimea conference was to ensure the creation of the UN along the lines proposed by the Americans. FDR believed that the UN was the only device that could keep the United States from slipping back into isolationism after WWII(1). After detailed explanations of the UN proposal, by Secretary of State, Edward R. Stettinius, Stalin and Churchill agreed to the guidelines proposed. Because Churchill strongly wanted to have certain countries in the British commonwealth accepted into the UN, Roosevelt was unable to deny Stalin the admission of Soviet Ukrainian and Belorussian republics in the UN.Another very important matter on the table of discussions at Yalta was Poland. Since Poland was a very large country and situated between Germany and Russia. It was also a very will strategically placed country. So, at the Yalta conference it was discussed whether Poland would be allowed to have free elections. Stalin was greatly opposed to having supervised (by th e Americans, British and Soviets) election in Poland and so. Another matter of great importance and Crimea was the reparations to be received fr...

Fundamentals of Finance Coursework Example | Topics and Well Written Essays - 2000 words

Fundamentals of Finance - Coursework Example The returns of HSBC are compared against the London Stock Exchange and against Barclays Bank. This report includes the analysis of stock price movement of HSBC, Barclays Bank and London Stock Exchange. Apart from this, Beta of HSBC and Barclays have been calculated and the report also includes beta analysis of the two companies. INTRODUCTION This report analyses the stock price of one of the renowned financial institutions in the world, HSBC. HSBC is considered as the second largest financial and banking group in the world. In this report, stock price movement of HSBC has been compared with the average market movement of London Stock Exchange. In addition to this, the stock price movement of HSBC is compared with one of its competitors, Barclays Bank. In order to have better analysis, the return from market is also compared with return of Barclays as it would help in analysing better whether the movement in price is because of banking industry or the company itself. Barclays has been chosen as the competitor in the report because it is another multinational bank operating in different countries like HSBC. HSBC is considered as the second largest banking and financial services group of the world and according to Forbes Magazine it is also the second largest public company [6. 7]. ... HSBC has increased in 2010 from 2009 and it has reached to a figure of 19.04 billion with a net income of 13.16 billion USD (Annual Report and Accounts, 2010). ANALYSIS Financial Ratios: Liquidity Ratio Liquidity ratios of HSBC do not show very positive figures as the current ratio of HSBC in 2010 is 0.27 which has decreased from 0.30 in 2009. However current ratio in the last five years has been in the range of 0.27 to 0.32 which shows that the bank does not have sufficient current assets or it has too many current liabilities. Liquidity Ratios Formulae 2010 2009 2008 2007 2006 Current Ratio Current Assets/Current Liabilities 0.27 0.30 0.32 0.30 0.28 Quick Ratio Current Assets - Inventory/Current Liabilities 0.27 0.30 0.32 0.30 0.28 Since banks do not have any inventory therefore, current ratio will be the same as quick ratio. Profitability Ratios: Net profit margin has increased in 2010 since 2007; however it is understandable because of the financial crisis that hurt the economy o f the world particularly the financial sector. Net profit margin has increased to 36% in 2010 from 16% showing that the economy as well as HSBC is recovering from recession. Also the return on assets is not attractive and it is representing that the bank is not using its assets effectively or they are underutilized. The same is the case with return on equity as it is too low for investors to invest. Profitability Ratios Formulae 2010 2009 2008 2007 2006 Operating Income Margin Operating Income/Sales 42% 13% 18% 60% 62% Profit Margin Profit/Revenue 36% 16% 15% 54% 49% Return on Assets Profit/Assets 0.58% 0.28% 0.26% 0.87% 0.91% Return on equity Profit/Equity 4.39% 2.19% 2.22% 7.02% 7.16% Leverage Ratio Leverage ratio represents that HSBC has been heavily financed with Debt. The debt ratio

Weekly Business Review #2 Essay Example | Topics and Well Written Essays - 500 words

Weekly Business Review #2 - Essay Example Though this strategy means additional costs, the sales made will cover this cost. Nevertheless, according to the customer survey our services are good, so is our coffee, and our prices are rated as fair. Therefore, the management decision to adopt the cost leadership strategy is worth. According to Kazmi (2008, p.225), when a business adopts the cost leadership strategy, it automatically achieves differentiation in its services, in relation to price. The management has decided not to add on any extra costs in advertising, thus sticking to the previous mode of advertising in order to reduce additional costs. The daily receipt indicates that 1500 cups are being served on a weekly basis resulting to $4,055 in cash. We would like to increase the amount of coffee being served, and the hiring of an additional server to assist in serving all the customers will increase our sales. The local labor reports states that the average turnover rate has risen to 14% as compared to the previous week, which was at 12%. This could be due to workload and demotivation, thus, hiring an extra server is a great move. The management’s decision of not allowing any waste of coffee saves on costs incurred. In addition, the decision of not relying on fair trade advertising is a wise decision, as the newspapers have already advertised, hence saving on costs. Nevertheless, we have decided to replace light bulbs for $100 as a green initiative, other than replacing toilet, which would cost $600. The cafà © business is faced by the challenge of long queues, which is viewed as an advantage in some businesses but which could also limit the number of customers due to the time factor. In order to curb this problem, an additional server will be hired but time will tell. Nevertheless, the cafà © needs to make more profits and as a result, there is need to increase on sales. Therefore, with time, the management may result to increasing the small cup of coffee by a dollar to amount to $3 while

Water Supply in India Essay Example for Free

Water Supply in India Essay India has a land size of 3. 29 million square kilometers with a diverse population which has narrowly exceeded the one billion mark. The demand for water has continued to rise fast due to urbanization where a significant percentage of the population lives in the urban areas. In addition, the increase in demand of water is further attributed to industrial growth and increase in agricultural consumption (Omvedt, 1993). Access to clean drinking water is a basic necessity of life. However supply of clean water in India remains to be insufficient despite the measures that have been taken by major institutions in India in curbing the problem. Most of the cities in India, though densely populated, do not have continuous access to clean water supply on a daily basis. Water is distributed for only a few hours per day. According to a study that was carried out in 2007 by the Asian Development Bank, twenty out of the thirty five states in India had an average duration of 4. 3 hours per day of clean water supply (Deorah, 2006). This proves the unreliability in management and distribution of piped water in major cities as well as in small towns in India. Although piped water is not well developed in rural areas, the same problem still thrives, sometimes hand pumps remaining out of order for a long time. It is quite embarrassing to find that even with the great advancements in technology in the 21st century, there are still some people in certain areas of the world who face the danger of ill health due to lack of enough and quality water. Sustainable management of water resources is quickly turning out to be a necessity with a looming crisis that seems to be a threat to the livelihood and security of the general public in the coming years (Siegfried, Brown, Heikkila, Lall, 2008). Basing on this background, it is therefore the objective of this paper to center on the problem of water supply in India. 2. 0 Literature review A number of authors and scholars have carried out studies on the issue of water supply in India. The main focal point of these researchers was on the causes and possible solutions to the problem of water supply in India. According to Deorah, the major cause of low amounts of water supply whose quality is also poor is majorly as a result of mismanagement of water as a resource (2006). According to studies done by Mustafa it is revealed that the story of water in most parts of the Indus Basin which is largely in India, is related to the political landscape of the area (2007). Some of the authors highlight the possibility of an imminent danger facing India due to the conflicting figures in relation to the rising demand for water against the decline in supply of the same (Homer-Dixon, 2000). In a bid to solve this problem, Uitto and Jansky proposes that the public be incorporated in the process of efficient management of water sources (2005). In addition, it has been sugested by some scholarly material that the implentation of â€Å"the water conservation campaign awareness† is a great step in finding a lasting solution (Birkenholtz, 2009). Into the same bargain are authors Siegfried, Brown, Heikkila and Lall who recommend the idea of recycling waste water as well as harvesting of rainwater as part of the solution (2008). On the same note, Omdvet in his book â€Å"Reinventing Revolution: New Social Movements and the Socialist Tradition in India â€Å" gives the importance of preserving water catchment areas such as the Himalayas Mountains which plays a pivotal role in provision of water in the country (1993).

The Reproduction of Rabbits :: essays research papers fc

Rabbits are one of the oldest known animals to exist. Rabbits appear in so many places in our history. In fact, these animals are so old that geologists have proved them to date back 30 or 40 million years. Perhaps, the most well known on appearance in history is the legend of the Easter Bunny. This legend is so well known and so well loved by children everywhere, that it is safe to say that the rabbit is a considerably important part of our history. This fact alone proves that the rabbit deserves our attention.   Ã‚  Ã‚  Ã‚  Ã‚  The rabbit is well known throughout the history of mankind. The Romans, at one time, thought that rabbit meat contributed to the beauty of Roman women. Fortunately they were correct. French monks of the middle ages also raised rabbits as meat for food and their fur for their robes. Both of these cultures enjoyed eating the unborn rabbit. Early Norman raiders introduced rabbits to England. Here, they were first caught with rabbits, and then, as rabbit hunting became a sport, they were hunted by ladies with bows and arrows and dogs.   Ã‚  Ã‚  Ã‚  Ã‚  There are also many artifacts in history that include the rabbit. For example, a sphinx in Turkey, built in 1500 B.C., has been standing on the figures of two rabbits for about 3500 years. There are numerous superstitions and legends pertaining to rabbits. The Emperor of the Balearic Islands, Hadarian, appears on coins of that era along with the rabbit. There is no doubt that rabbits are important to our history and deserve our attention.   Ã‚  Ã‚  Ã‚  Ã‚  It is hard to say where the rabbit was originally domesticated because there are so many accounts of this occurrence in so many countries, but it is generally accepted that the Phoenicians (traders from Spain) must receive credit for spreading the domestic rabbit throughout the world. There has also been much debate as to what order the rabbit should belong to. It seems that rabbits have cause much confusion for mankind throughout history.   Ã‚  Ã‚  Ã‚  Ã‚  Rabbits were once placed in the order of Rodentia. However, scientists soon noted that rabbits had many anatomical differences from rodents. The largest and most significant one being tooth structure. Rabbits were then given their own order. This is the order of Lagomorpha. This order is further divided into two smaller groups. They are Leporidae, which is made up of rabbits and hares, and Ochotonidae, containing only the small rock rabbit, the pika.

Carter Racing

Carter Racing Case Study In this case, Carter Racing has to make a decision about whether or not to participate in a race with the knowledge that they have been experiencing a 29% engine failure rate. Carter Racing is a relatively new team, so they have not yet established a firm reputation. The mechanic thinks that temperature is the cause of failure, but that theory has been questioned by another of the racing team’s engineering staff. If they race and win, they could receive a $1,000,000 sponsorship from Goodstone Tires for the next season.However, on the off chance that they do win, they might ignore the engine failure problem they’ve been experiencing. Another scenario that might occur is that they may decide to race and experience an engine failure during the race. The damage of this scenario is extreme. They will have risked their driver’s life, lost any reputation they might have been building, and lost the sponsorship from Goodstone and the $500,000 oil contract they already have.Another scenario is that they withdraw, which means their reputation might be slightly damaged and they lose $50,000 that season between the lost deposit and the returned sponsorship funds. My recommendation is that Carter Racing withdraws from the race and takes the $50,000 loss for the season. This ensures that they have until the next season to resolve their engine failure issues and it gives them time to formulate a safer strategy.They should not attempt to risk their driver’s life and stake their reputation on the slim odds of winning the race. If they were to race and lose their options, the chances of recovering from that loss are very small. It’s much more difficult to react to something of this scale than it is to prevent it. If they take advantage of the time they have once they withdraw, they can come back next year with a stronger team and better odds of winning, which will surely encourage more sponsorships.

Ethics in Action - 1278 Words

Comparing and Contrasting the Code of Ethics Aquila Mahdi Counseling 501 Liberty University February 26, 2012 Dr. S. Sadik Abstract This paper will attempt to examine the code of ethics from the American Counseling Association (ACA) and the American Association of Christian Counselors (AACC). It will take a look at the differences and similarities shared between the two organizations, respectfully. It will examine confidentiality, dual roles and sexual intimacies. Comparing and Contrasting the Code of Ethics This paper will attempt to examine the code of ethics from the American Counseling Association (ACA) and the American Association of Christian Counselors (AACC). It will take a look at the differences and†¦show more content†¦They are also forbidden from pressuring clients into any questionable social relationships. The American Counseling Association (2004) takes it a step further by forbidding any sexual relationships with clients, family members or current sexual partners. Both ethical codes may differ in approach but in theory they are both consistent with protecting the client and their vulnerabilities as they discuss some of their most intimate details to their therapist. From examining both ethical statutes, therapists can take it one step forward by taking ownership in violating the bond between therapist and client. Years of education, training and personal responsibility should prevent therapist from violating the bond between client and therapist. Clients entrust therapist with intimate details and instill trust in the therapist. This relationship can sometimes cross boundaries and cause the client to view the therapist in a different light. The same can be said of therapists who have gained the admiration and trust of their client. This places them at an unfair disadvantage and gives them the upper hand and a manipulative stance in entering any relationship outside of the proper scope of the therapist-client relationship. Sexuality and confidentiality aren’t the only issues when it comes to dual roles and conflicts of interest in the therapist-patient relationship. Obviously the therapist’s main concern should be inShow MoreRelatedEthics Of Personal Ethics Action Plan2450 Words   |  10 Pages Personal Ethics Action Plan OLS 263 – 11331 : Ethical Decisions in Leadership Matthew Rust Spring 2015 Indiana University – Purdue University at Indianapolis â€Æ' Mission Statement Throughout my life I will dedicate myself to the betterment of my community, my workplace, and the people around me. I will hold the values of fairness, innovation, and productivity key in my duties. All of my actions and thoughts will go through an ethical filter to ensure that I stay in line with myRead MoreThe Ethics Of Human Action1629 Words   |  7 Pagesfree? Determinism, compatibilism, and libertarianism are three different philosophical approaches to answering this question. 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This philosophy is referred to as Duty Ethics, or Deontological Ethics. Duty Ethics highlights what is the â€Å"right thing to do instead of what is the good thing to do† (Philosophy, 2016). In addition, the duty ethics philosophy tries to â€Å"justify the duty to behave one way over another† (Philosophy, 2016). The concept of duty ethics can be used to determine right behaviors, as well as to determine what should