Cfa Level1 Note – Ethics and Professional Standards

Ethical and Professional Standards 1. : Code of Ethics A. : State the four components of the Code of Ethics. Members of AIMR shall: 1. Act with integrity, competence, dignity, and in an ethical manner when dealing with the public, clients, prospects, employers, employees, and fellow members. 2. Practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their profession. 3. Strive to maintain and improve their competence and the competence of others in the profession. . Use reasonable care and exercise independent professional judgment. to launch Standards of Practice 2-I. : Standards of Professional Conduct: I. Fundamental Responsibilities A. : Know the laws and rules. Standard: Maintain knowledge of and comply with all applicable laws, rules, and regulations (including AIMR’s Code of Ethics and Standards of Professional Conduct) of any government, government agency, regulatory organization, licensing agency, or profe ssional association governing the members’ professional activities.Compliance: Members can acquire and maintain knowledge about applicable laws, rules, and regulations by: †¢ Maintaining current files on applicable statutes, rules, and regulations. †¢ Keeping informed. †¢ Reviewing written compliance procedures on a regular basis. B. : Don't break or help others break the law. Standard: Not knowingly participate or assist in any violation of such laws, rules, or regulations. Compliance: When members suspect a client or a colleague of planning or engaging in ongoing illegal activities, members should take the following actions: †¢ Consult counsel to determine if the conduct is, in fact, illegal. Disassociate from any illegal or unethical activity. When members have reasonable grounds to believe that a client’s or employee’s activities are illegal or unethical, the members should dissociate from these activities and urge their firm to attempt t o persuade the perpetrator to cease such activity. 2-II. : Standards of Professional Conduct: II. Relationships with and Responsibilities to the Profession A. : Use of Professional Designation II(A. 1) AIMR members may reference their membership only in a dignified and judicious manner.The use of the reference may be accompanied by an accurate explanation of the requirements that have been met to obtain membership in these organizations. II(A. 2) Those who have earned the right to use the Chartered Financial Analyst designation may use the marks â€Å"Chartered Financial Analyst† or â€Å"CFA† and are encouraged to do so, but only in a proper, dignified, and judicious manner. The use of the designation may be accompanied by an accurate explanation of the requirements that have been met to obtain the right to use the designation. II(A. ) Candidates in the CFA Program, as defined in the AIMR Bylaws, may reference their participation in the CFA Program, but the reference must clearly state that an individual is a candidate in the CFA Program and cannot imply that the candidate has achieved any type of partial designation. B. : Professional Misconduct II(B. 1) Members shall not engage in any professional conduct involving dishonesty, fraud, deceit, or misrepresentation or commit any act that reflects adversely on their honesty, trustworthiness, or professional competence.II(B. 2) Members and candidates shall not engage in any conduct or commit any act that compromises the integrity of the CFA designation or the integrity or validity of the examinations leading to the award of the right to use the CFA designation. Compliance: 1. Make clear that dishonest personal behavior reflects poorly on the profession. 2. Adopt a code of ethics to which every employee must subscribe. 3. Conduct background checks on potential employees to ensure that they are of good character and eligible to work in the investment industry.C. : Prohibition against Plagiarism Stand ard: Members shall not copy or use, in substantially the same form as the original, material prepared by another without acknowledging and identifying the name of the author, publisher, or source of such material. Members may use, without acknowledgment, factual information published by recognized financial and statistical reporting services or similar sources. ? ? Compliance: 1. Maintain copies of materials that were relied on in preparing the research report. 2.Attribute quotations (and projections, tables, statistics, models, and methodologies) used other than recognized financial and statistical reporting services. 3. Attribute paraphrases and summaries of material prepared by others. 2-III. : Standards of Professional Conduct: III. Relationships and Responsibilities to the Employer A. : Inform your Employer of the Code and Standards III(A. 1) Members shall inform their employer in writing, through their direct supervisor, that they are obligated to comply with the Code and Stan dards and are subject to disciplinary sanctions for violations thereof.III(A. 2) Members shall deliver a copy of the Code and Standards to their employer if the employer does not have a copy. Compliance: Members should notify their supervisor in writing of the Code and Standards and the member’s responsibility to follow them. The member should also suggest that the employers adopt the Code and Standards and disseminate it throughout the firm. If the employer has publicly acknowledged, in writing, that they have adopted AIMR’s Code and Standards as part of the firm’s policies then the member need not give the formal written notification as required by III(A).B. : Duty to Employer Standard: Members shall not undertake any independent practice that could result in compensation or other benefit in competition with their employer unless they obtain written consent from both their employer and the persons or entities for whom they undertake independent practice. ? ? C ompliance: 1. Members who plan to engage in independent practice for compensation should provide written statements to their employer describing the types of services they will perform, the expected duration of the services, and the compensation they will receive. . Members should also disclose to their prospective clients the identity of their employer, the fact that they are performing independently of the employer, and what their employer would charge for similar services. 3. Members seeking new employment should not contact existing clients or potential clients prior to leaving their employer or take records/files to their new employer without the written permission of the previous employer. C. Disclose Conflicts between you and your Employer III(C. 1): Members shall disclose to their employer all matters, including beneficial ownership of securities or other investments, that reasonably could be expected to interfere with their duty to their employer or ability to make unbiased and objective recommendations. III(C. 2): Members shall comply with any prohibitions on activities imposed by their employer if a conflict of interest exists.Compliance: Members should report to their employers any beneficial interest and any special relationships, like corporate directorships, that may reasonably be considered a conflict of interest with their responsibilities. Members should also discuss the situation with their firm’s compliance officer before taking any action that could lead to a conflict of interest. D. : Disclose Additional Compensation from Outside the Firm to your Employer Standard: Members shall disclose to their employer in writing all monetary ompensation or other benefits that they receive for their services that are in addition to compensation or benefits conferred by a member’s employer. Compliance: Members should make an immediate written report to their employer specifying any compensation or benefits they receive or propose to receiv e for services in addition to what their employer is to give them. This written report should state the terms of any oral or written agreement, the amount of compensation, and the duration of the agreement. E. : Responsibilities of SupervisorsStandard: Members with supervisory responsibilities, authority, or the ability to influence the conduct of others shall exercise reasonable supervision over those subject to their supervision or authority to prevent any violation of applicable statutes, regulation, or provisions of the Code and Standards. In so doing, members are entitled to rely on reasonable procedures designed to detect and prevent such violations. ? ? Compliance: The supervisor and the compliance officer should: 1. Disseminate the compliance procedures. 2. Update the procedures as necessary. 3. Educate the staff and issue periodic reminders. . Incorporate a professional conduct evaluation into the employee’s performance review. 5. Review employee actions to ensure co mpliance and identify violators, initiating procedures once a violation has occurred. A supervisor should respond promptly to the violation by conducting a thorough investigation, and placing limitations on the wrongdoer until the investigation is complete. 2-IV. : Standards of Professional Conduct: IV. Relationships with and Responsibilities to Clients and Prospects A. : The Investment Process IV(A. 1) Reasonable Basis and Representations. Members shall: a.Exercise diligence and thoroughness in making investment recommendations or in taking investment actions. b. Have a reasonable and adequate basis, supported by appropriate research and investigation, for such recommendations or actions. c. Make reasonable and diligent efforts to avoid any material misrepresentation in any research report or investment recommendation. d. Maintain appropriate records to support the reasonableness of such recommendations or actions. Compliance: 1. Analyze the investment’s basic characteristic s (records must show the characteristics of the investment and the basis for the recommendation). . Analyze the needs of the portfolio (includes the client’s needs, as well as the needs of the total portfolio). 3. Maintain files to support investment recommendations. [pic] IV(A. 2) Research Reports. Members shall: a. Use reasonable judgment regarding the inclusion or exclusion of relevant factors in research reports. b. Distinguish between facts and opinions in research reports. c. Indicate the basic characteristics of the investment involved when preparing for public distribution a research report that is not directly related to a specific portfolio or client.Compliance: Members should consider including the following information in research reports: 1. Expected annual rates of return, calculated on a total return basis. 2. Annual income expectations. 3. Current rate of return or yield. 4. The degree of uncertainty associated with the cash flows, and other risk factors. 5. T he investment’s marketability or liquidity. [pic] IV(A. 3) Independence and Objectivity. Members shall use reasonable care and judgment to achieve and maintain independence and objectivity in making investment recommendations or taking investment actions. Compliance: 1. Protect integrity of opinions.Reports should reflect the analyst’s unbiased opinion. 2. Disclose all corporate relationships (i. e. , directorships, underwriting arrangements or acting as a market maker). 3. Disclose personal holdings and beneficial ownerships. 4. Create a restricted list. 5. Restrict special cost arrangements. Members should pay for their commercial transportation and hotel charges. 6. Limit gifts (US$100 is the maximum acceptable value for a gift or gratuity). 7. Restrict investments (strict limits should be imposed on private placements). 8. Review procedures (supervise the personal investment activities of the employees).B. : Interactions with Clients and Prospects IV(B. 1) Fiduciar y Duties: In relationships with clients, members shall use particular care in determining applicable fiduciary duty and shall comply with such duty as to those persons and interests to whom the duty is owed. Members must act for the benefit of their clients and place their clients' interests before their own. Compliance: 1. Follow all applicable rules and laws. 2. Establish the investment objectives of the client. 3. Diversify. 4. Deal fairly with all clients with respect to investment actions. 5. Disclose all possible conflicts of interest. . Disclose compensation arrangements. 7. Preserve the confidentiality of client information. 8. Maintain loyalty to the plan beneficiaries. [pic] IV(B. 2) Portfolio Investment Recommendations and Actions: Members shall: a. Make a reasonable inquiry into a client's financial situation, investment experience, and investment objectives prior to making any investment recommendations and shall update this information as necessary, but no less frequen tly than annually, to allow the members to adjust their investment recommendations to reflect changed circumstances. b.Consider the appropriateness and suitability of investment recommendations or actions for each portfolio or client (including the needs and circumstances of the portfolio or client, the basic characteristics of the investment involved, and the basic characteristics of the total portfolio). c. Distinguish between facts and opinions in presenting recommendations. d. Disclose to clients and prospects the basic format and general principles of the investment processes by which securities are selected and portfolios are constructed and shall promptly disclose to clients and prospects any changes that might significantly affect those processes.Compliance: Know basic nature of your client; know objectives and constraints. [pic] IV(B. 3) Fair Dealing: Members shall deal fairly and objectively with all clients and prospects when disseminating investment recommendations, diss eminating material changes in prior investment recommendations, and taking investment action. Compliance: 1. Limit the number of people privy to recommendations and changes. 2. Shorten the time frame between initiation and dissemination. 3. Publish personnel guidelines for pre-dissemination. 4. Simultaneous dissemination. 5. Establish rules about employee trading activities. . Establish procedures for determining material changes. 7. Maintain a list of clients and their holdings. 8. Develop trade allocation procedures. 9. Make sure one account is not being used to bail out other accounts. 10. If the firm offers differing levels of service, this fact should be disclosed to all clients. [pic] IV(B. 4) Priority of Transactions: Clients and employers shall have priority over transactions in securities or other investments of which a member is the beneficial owner so that such personal transactions do not operate adversely to their clients' or employer's interests.If members make a recom mendation regarding the purchase or sale of a security or other investment, they shall give their clients and employer adequate opportunity to act on the recommendation before acting on their own behalf. Compliance: 1. Define personal transactions. 2. Define covered investments. 3. Limit the number of access persons. â€Å"Fire Walls† should be built to prevent the flow of information from one group or department to other groups within the firm. 4. Define prohibited transactions. The text specifically mentions equity based IPOs. . Establish reporting procedures and prior-clearance requirements. 6. Ensure that procedures will be enforced and establish disciplinary procedures. [pic] IV(B. 5) Preservation of Confidentiality: Members shall preserve the confidentiality of information communicated by clients, prospects, or employers concerning matters within the scope of the client-member, prospect-member, or employer-member relationship unless the member receives information conce rning illegal activities on the part of the client, prospect, or employer.Compliance: The simplest and most effective way to comply is to avoid discussing any information received from a client except to colleagues working on the same project. [pic] IV(B. 6) Prohibition against Misrepresentation: Members shall not make any statements, orally or in writing that misrepresent: a. the services that they or their firms are capable of performing. b. their qualifications or the qualifications of their firm. c. the member's academic or professional credentials.Members shall not make or imply, orally or in writing, any assurances or guarantees regarding any investment except to communicate accurate information regarding the terms of the investment instrument and the issuer's obligations under the instrument. Compliance: Firms can provide guidance to employees who make written or oral presentations to clients or prospects by providing a written list of the firm’s available services and a description of the firm’s qualifications. [pic] IV(B. ) Disclosure of Conflicts to Clients and Prospects: Members shall disclose to their clients and prospects all matters, including beneficial ownership of securities or other investments, that reasonably could be expected to impair the member's ability to make unbiased and objective recommendations. Compliance: Members should report to their employers, clients, and prospects any material beneficial interest they may have in securities, corporate directorships, or other special relationships they may have with the companies they are recommending.Members should make the disclosures before they make any recommendations or take any investment actions regarding these investments. [pic] IV(B. 8) Disclosure of Referral Fees: Members shall disclose to clients and prospects any consideration or benefit received by the member or delivered to others for the recommendation of any services to the client or prospect. Compliance: 1. Dis close all agreements in writing to any client or prospect who has been referred. 2. Describe in the disclosure the nature of the consideration and the estimated dollar value of the consideration. . Consult a supervisor and legal counsel concerning any prospective arrangement regarding referral fees. 2-V. : Standards of Professional Conduct: V. Relationships with and Responsibilities to the Investing Public A. : Prohibition against Use of Material Nonpublic Information Standard: Members who possess material nonpublic information related to the value of a security shall not trade or cause others to trade in that security if such trading would breach a duty or if the information was misappropriated or relates to a tender offer.If members receive material nonpublic information in confidence, they shall not breach that confidence by trading or causing others to trade in securities to which such information relates. Members shall make reasonable efforts to achieve public dissemination of material nonpublic information disclosed in breach of a duty. Compliance: Fire walls, minimum elements are: 1. Control over interdepartmental communications. 2. Review employee trading against restricted lists. 3. Restrict proprietary trading while the firm is in possession of material nonpublic information.Additional procedures: 1. Restrict personal and proprietary employee trading. 2. Place securities on a restricted list when the firm has material nonpublic information. 3. Disseminate material nonpublic information only to those with a need to know. 4. Designate a supervisor who decides when trading is appropriate. B. : Performance presentation Standard: 1. Members shall not make any statements, orally or in writing, that misrepresent the investment performance that they or their firms have accomplished or can reasonably be expected to achieve. 2.If members communicate individual or firm performance information directly or indirectly to clients or prospective clients, or in a man ner intended to be received by clients or prospective clients, members shall make every reasonable effort to assure that such performance information is a fair, accurate, and complete presentation of such performance. Compliance: Misrepresentation about the investment performance of the firm can be avoided if the member maintains data about the firm’s investment performance in written form. Investment accounts should be combined into composites by investment class and risk groups. : Standards of Practice Handbook a: Demonstrate a thorough knowledge of the Standards of Professional Conduct by recognizing and applying the Standards to specific situations. This is an application of many different ethics concepts to different scenarios. After having learned the ethics material in earlier learning outcomes you will be able to apply these concepts to various scenarios as you take the quizzes. b: Distinguish between conduct that conforms to the Code and the Standards and conduct tha t violates the Code and the Standards.This requires looking at different scenarios and possibly applying several ethics concepts to each scenario. After you learn and understand the ethics concepts you will be able to apply them to specific situations through the quizzes. 4: AIMR Performance Presentation Standards Handbook a: Explain the goals of the AIMR-PPS Standards. The Standards have been designed to meet the following goals: †¢ To achieve greater uniformity and comparability among performance presentations. †¢ To improve the service offered to investment management clients. †¢ To enhance the professionalism of the industry. To bolster the notion of self-regulation. Note: The Presentation Standards are intended primarily to be performance presentation standards, not performance measurement standards. Portions of the AIMR-PPS are required while some are recommended. AIMR strongly encourages the adoption of both required and recommended components of the Standards. Also, performance presentations may have to provide more than the minimum requirements of the AIMR-PPS to meet the full intent of the Standards. b: Identify the parties affected by the AIMR-PPS standards. Firms. The PPS Standards are voluntary. The PPS are widely recognized as fair and accurate reporting guidelines for investment performance. †¢ AIMR Members, CFA Charterholders, and CFA Candidates. The PPS are not explicitly incorporated into the AIMR Code and Standards of Professional Conduct. The PPS does, however, help insure that members, charterholders and candidates are in compliance with Standard V(B), Performance Presentation, so that they will make no material misrepresentation of their performance results. †¢ Prospective and Current Clients.The PPS helps clients compare investment performance across firms. The PPS helps clients evaluate their investment manager’s performance. c: Identify the four main topics of the AIMR-PPS standards (i. e. , creation and maintenance of composites, calculation of returns, presentation of results, and disclosures). †¢ Creation and maintenance of composites. A composite is a set of portfolios that follow the same investment style. †¢ Calculation of returns. †¢ Presentation of results. †¢ Disclosures. d: Identify what constitutes a valid claim of compliance with the AIMR-PPS standards.To claim compliance, firms must meet all composite, calculation, presentation, and disclosure requirements. Adherence to the basic requirements, however, does not guarantee fair and adequate performance reporting. Compliance with the standards also requires adherence to all applicable laws and regulations. If the firm has made every reasonable effort to ensure that their performance presentation is in compliance with the PPS, the firm can use the following legend:? XYZ Firm has prepared and presented this report in compliance with the Performance Presentation Standards of the Association for Investment Management and Research.AIMR has not been involved with the preparation or review of this report. †¢ Any use of the mark â€Å"AIMR† except as shown above is prohibited. †¢ If results are not in full compliance, performance cannot be presented as: Being in compliance with the AIMR-PPS except for †¦ †¢ Statements referring to the calculation methodology used in a presentation as being in accordance or compliance with AIMR-PPS standards are prohibited. †¢ AIMR members who misuse the term AIMR, AIMR-PPS standards, or the Compliance Statement are subject to disciplinary sanctions under Standard V(B).

Argumentative Essay against Capital Punishment Essay

Human life is sacred. This is an ideal that the majority of people can agree upon to a certain extent. For this reason taking the life of another has always been considered the most deplorable of crimes, one worthy of the harshest available punishment. Thus arises one of the great moral dilemmas of our time. Should taking the life of one who has taken the life of others be considered an available punishment? Capital punishment is immoral and a violation of natural rights. It is wrong for everyone involved: the prosecuted innocent, criminals, victims’ families, and our nation. We need to replace the death penalty and capital punishment with life without parole, a safer and more inexpensive option. The death penalty does not guarantee safety for innocent victims, it does not follow the goals and promises of our nation, it does not effectively deter crime, and it does not give closure to victims’ families. Nothing good comes of hate, and nothing good can ever come from capital punishment. It cannot continue to be accepted by a nation that claims to have liberty and justice for all. The death penalty is murder on the sly and it’s dead wrong. Capital punishment must not be implemented because it can lead to the possibility of wrongful execution. It is undeniable that there had already been many people sentenced of death penalty that were eventually executed even if they were truly innocent. Unfortunately, the crucial evidence that would have proven the innocence of these people was only obtained after their execution (McCafferty 71). It is because of wrongful executions that capital punishment must not be implemented in society. They only create doubts into the minds of the people that they cannot rely on the justice system especially once they badly need it. This is also hard to accept on the part of the families who already had members who experienced a wrongful execution as this is something that has a permanent impact. Obviously, the innocent people wrongfully executed can never be brought back to life anymore. Since the courts cannot be expected to make the best decisions all  the time with regard to the people who deserve conviction and acquittal, it is difficult to guarantee that wrongful executions can be completely stopped in countries that have death penalty. This is why capital punishment prevents the wrongfully accused people of the due process that they deserve to have in order to prove their innocence, something that is very unfair to them. There can be instances where the evidence that can prove their innocence is just so difficult to obtain so it takes a long period of time before it gets presented to the Court. However, because there is also a limited period of time to appeal for the death penalty sentence, it is usually the case that the wrongfully accused people are already executed before the evidence that could have set them free is discovered. This would not have happened if there is no capital punishment being implemented. Aside from this, another detrimental impact of capital punishment is that it only helps to send a message to the people that the justice system is an advocate of revenge particularly on the part of the people who got victimized by heinous crimes. The capital punishment sends a message to the people that the justice system is just there to help the families of the victims of the heinous crimes and not for the accused people who could also be innocent (Kronenwetter 36). This can also be interpreted as a punishment that does not provide any opportunity for the offenders to correct their mistakes. In this case, the justice system can be viewed as partial and biased as it only helps the victims and not the accused party. The lawyers of the accused party will then have to work extremely hard to gather evidence to spare their client from capital punishment. Finally, a society that values life does not intentionally kill people. The truth is that capital punishment is a traumatic case of homicide that has been approved by the government. This practically supports killing in order to impose a solution to the problems that are being faced by society (Mandery 58). This is something that is not very good particularly on the part of the youth who will grow up knowing that the government is approved of just killing people who violated the law. The funny thing is that  governments all over the world have tried to validate capital punishment by stating what they think are the advantages of death penalty would provide to the people. The advantages of death penalty can be considered as illusory, but the chaos and the eventual annihilation of the decency of the society are very true. Thus, there is no sense to implement capital punishment.

Discuss how Rhys Ifans and BBC Shorts Production “realises” Act 2 Scene 3 Essay

Discuss how Rhys Ifans and BBC Shorts Production â€Å"realises† Act 2 Scene 3 for television. Do you think this is a successful adaptation? The scene we are studying is directly after the killing of Duncan. This will mean the Director and Actors will have to create a realistic setting. There will be a lot of drama and tension. We all know that Macbeth killed Duncan but what the production has to do is show that he is trying to play along with the rest of the characters as though he is as surprised as them. I have decided to focus my attentions on the BBC Shorts Production of this scene, directed by Justin Chadwick. Firstly we are introduced to the actor, Rhys Ifans, who is to play Macbeth. He is extremely interested in this dynamic character and the scene he is to perform in. He hopes in his performance to convey the conflicting emotions of Macbeth. Macbeth has just murdered the King. He knows this and cannot escape this reality. When Macbeth brings Lenox and Macduff to the room where Duncan’s body lies, he cannot face to go into the room yet he cannot change what has happened. He is trapped. Ifans also describes how there is a â€Å"plethora of options† which the language offers to the actors meaning the character is diverse and can be performed in many different ways. The actors also have to display the relationship of Macbeth and Lady Macbeth. She has been the dynamo behind him all this time. Yet when he kills the henchmen we realise that he is no longer â€Å"plotting† with her, but has left her behind. He is also angry with her. He feels as though he has killed for her affections and to prove his manliness which angers him. Lady Macbeth is still a strong character but the actress playing her, Abigail Campton, needs to show that the tables have turned and she has been forgotten. Ifans needs to portray Macbeth in such a way that shows us he detests Lady Macbeth for what he ultimately thinks she pushed him to do. There is also the suggestion that Banquo is suspicious of the Macbeth and his wife as he is shocked at Lady Macbeth’s response to the hearing of the killing when she immediately thinks of her reputation, rather than Duncan’s welfare; and when MacBeth defiantly kills the Henchmen. Banquo, played by Dave Fishley, needs to show that he has a close relationship with Macbeth and he knows that although Macbeth is a brave soldier he is not a cold – blooded killer. This production is set in a Modern Gothic Mansion. This is important because at MacBeth’s time it was gothic so this is an updated version. It is supposed to have affluence and decadence but with an end of the millennium feel to it. The setting is as though it is the morning after a huge party. Top designers such as Gucci, Versace and Alexander McQueen create the costumes. They are very extravagant which suits this production. Ifans creates the atmosphere by saying it gives us a sense of â€Å"heightened reality where anything can happen†. The millennium feel also fits in as it gives us the feeling that it is the end of an era and the beginning of a new one. It would be very difficult for the director to do this scene as it is taken from a very diverse text and he is only concentrating on this section of the play. The production opens with a Prologue: a piece of drama that is not in the text. He decides to show us the actual murder of Duncan, which has spine-chilling effects. The first Shot we see is of a â€Å"door† far away. The door is actually a white curtain, which could refer back to earlier in the text when Macbeth talks of â€Å"wicked dreams† and how they â€Å"abuse the curtained sleep†. When you are sleeping you are protected unless you are disturbed by something evil. The colours in this shot are blue and grey suggesting coldness. There is the sound of a heavy drum and the camera does not zoom up to the door but cuts three times, which creates drama. Heavy breathing is also heard. I feel the director is trying to show us MacBeth’s journey as he goes to kill the King. It is dramatic and the camera is angular. Your attention is totally fixed on the door. The door is a bright white, which signifies that good lies behind it and is going to be destroyed. In the final cut there are noticeably two people posing as statues. They are Egyptian Ka Statues. These statues were put outside the tombs and it was believed the soul of the dead inside would be transferred into the statue. This is significant, as we know Duncan will die in this room yet by having real people pose as the statues intensifies what is about to happen. There is not one statue but two, implying that there will be more deaths after the King. There is then an abrupt change. A dramatic colour change is noticed. It is a deep red but it is also very dark and there are shadows being formed. This is very dominant after the greys and blues. The light is almost as though it is infrared so we can see into the darkness. I think this is to show that it was night time and the red creates the image of evilness and blood. The actual act of the murder is done very cleverly. We see a close-up of Macbeth leaning over Duncan’s sleeping body. His face is tense and his eyes wide to show anxiety. The shot then cuts to Duncan abruptly waking up. There is another quick change of camera as Macbeth makes his first wound in Duncan and then there is a shot of Lady MacBeth’s eye. By introducing her into this scene it shows the control she had over Macbeth and could also suggest he is thinking of her as he kills. The camera then goes back to Macbeth who stabs Duncan twice more then leans over his body breathing deeply. This image is very sexual and his breathing represents a man at the height of sex. Again this makes us think of Lady Macbeth. She challenged her husband’s manhood when he was having second thoughts about the murder. This could also suggest that they both are sexually aroused by the thought of the murder. By killing the King he is in some way making love to her. The dagger is then used as a phallic symbol, which is a representation of a man’s penis in Greek Legend. Macbeth looks straight into Lady MacBeth’s eyes as if questioning to see if he had performed well enough for her. Also by having Lady Macbeth at the murder heightens the drama, as though she is still pushing him. He then offers her the daggers. This again is a sexual reference as he is offering her his manhood and she takes it away, satisfied. We are then taken to outside the door and it is now a retreat away rather than coming towards it. The retreat is slow and gives us the feeling of dizziness, as though Macbeth is faint after completing the deed. There is a backlight now behind the door suggesting that something has happened. There is the sound of music now. It is quite futuristic with slow rhythm tic beats and creates the perfect atmosphere for the next shots. It cuts to a Landscape shot of the main hall of the mansion. The camera slowly moves to the right. Firstly we see Macbeth’s arm. He is holding on tightly to the railings behind him. His head is down and he is still breathing very heavily. His position is suggestive of the crucifixion, almost as though he is crucifying himself for his actions. His behaviour could also represent drugs as the night before was a party. Macbeth is presented by Ifans as sleep-deprived and high. He then looks directly into the camera, which is very dramatic. It implies Macbeth is dangerous as he stops breathing so heavily, as if he is beginning to calm down. This makes the character seem very frightening. The camera then gives us a wider shot of the gothic hallway. At the gothic arches there are colours of deep pink and red on them. This is significant as there has been a murder. Lighting is being used again to show the change in the atmosphere. The drumbeat continues as the camera cuts to a room full of sleeping people. They are lying â€Å"sprawled† across the floor as if they just fell there after their night of partying. We are then shown a close-up shot of Lady MacBeth’s face. The camera is at an angle, which could represent the confusion. Her face is shadowed and she is wearing heavy, dark make-up. This makes her appear evil with no compassion for what has just taken place. Campton has a wonderful glaring look in her eye enabling us to see how cold this character is. This then cuts to the porter who jumps up from the mass of sleeping bodies. Before this character even speaks we know he is going to be outrageous. The costume is really brought into effect here. The wacky headdress and slashed top, along with the mad antics of this character provide this dark scene with some light relief. The Porter is being very crude, shouting, laughing and running about. This could help us realise how the other people in the house were feeling. They were probably hung over and confused about their actions the night before. An interesting shot is taken when there is an Ariel view of two stairwells inter-linking. The Porter runs up and down appearing at different places. This could represent the confusion of the mind and also gives us an image of hell as he is talking about letting people through. It is an image of eternity. Also as he approaches the door quickly, we can see a statue with an orange glow. This is another sign that this house is connected with the evils of hell and because this is the topic the porter is talking about, it makes it all the more dramatic. Two new characters are introduced. Macduff who is played by Christopher Colquhen and Lenox played by Joseph McFadden. They arrive to awake the King as he had made plans to go early. There is the creation of tension, as Macbeth appears on the line â€Å"Is thy master stirring?† As he enters there is a high sound of a computerised noise, like a string on a violin, which causes tension. There is still the rhythm of the drum representing the heartbeat. This is to show Macbeth may look cool on the outside but there is still the anxiety hidden inside. He speaks calmly to both men and tells them he will bring them to the King. He arrogantly walks through them and there is even a hint of bisexual advances between Macbeth and Lenox as they look at one another. Macbeth is relaxed and cool yet the walls are still red showing the truth. We are then taken back to a far off shot of the door. This time two cameras are used. One to show the men as they walk toward the door and another to show what they are looking at. This is a repetition of the opening of the scene. Macbeth is making the same journey. This whole sequence is slowed down and the camera is swaying. The music becomes louder and as the three men walk toward the door they almost seem like models walking on the catwalk. This represents the stylishness of the production. Macbeth’ suit is a tie-dye effect with white and dark blue. The colours are dramatic because it is almost as if his goodness which is represented by the white colour is being covered up by the darkness of the murder, the dark colour. The modern cinema idea comes into play here as the three men walk toward the door, almost like three warriors or FBI agents about to uncover something. There is a glow of red behind the three men, which is very effective. The slowing down of the camera leav es us to wait in anticipation of what is going to happen. They arrive at the door and Macduff goes in to wake the King. Ifans shows us that Macbeth cannot face going inside by continuing to stare at the door, waiting for the truth to be revealed. The cleverness of the text means that although Macbeth will not go into the room, he cannot escape his actions and Lenox represents the death with his words. Lenox is making polite conversation about the weather and as he recounts how the night had been bad due to weather, Macbeth begins to focus on what Lenox is saying. As Lenox speaks of â€Å"Lamentings heard I’ the air†, we can see by Ifans facial expression that he is re-playing what the murder was like in his head. His position on screen is identical to at the start of the production when he is about to stab the King so visually we are reminded of the killing also. The drum becomes louder here as though Macbeth is anxious. MacBeth’s reply totally understates everything which Lenox has said, â€Å"‘t’was a rough night†. The music heightens here to create drama as Macduff re-enters. He is standing with his head lowered and mutters the word â€Å"Horror† as if in total disbelief. The lighting is clever here and we cannot make out his eyes as they are blackened. This is to represent that he has been blinded by the sight he has witnessed and links to the reference in his speech about â€Å"gorgons† which are terrible monsters that blind people. As Macduff comes forward in between the two other men it shows that one of MacBeth’s eyes are blacked out. This could tell us that he two has been blinded but only partially, not fully. Colquhen is excellent as Macduff. Usually, in other productions such as Channel 4’s version directed by Michael Bugbane, we see the character run out of the room shouting in utter disbelief. However, Colquhen gives us the sense that the character is almost faint due to the sight he saw. He begins to walk up the corridor talking in shock and thinking of the people he has to deliver the news to such as the King’s two young sons. This is when he begins to seem deeply angered and spits out his words for the whole mansion to here. This leads us to the room, which Lady Macbeth is in. Macduff enters. Her position is excellent. She is sitting high up, almost as though she is already on the throne assuming power. She speaks to Macduff in a nasty way. She almost spits out the line, â€Å"What’s the business†¦Ã¢â‚¬  and commands him in a strong voice to speak. Macduff refuses to tell the â€Å"gentle lady† what has happened and this is very ironic. It is like black comedy. She is looking very domineering while sitting on her throne and speaking cruelly to Macduff yet he still remarks she is a woman and cannot handle what he has to say. Banquo enters asking about the confusion and Macduff whispers it into his ear but Lady Macbeth overhears. Campton speaks with venom in her words. She sneers at the thought of Duncan being killed in her house. She is showing that Lady Macbeth is not worried about Duncan but because it happened in her house and she will seem responsible. Her costume emphasises this part of her character as she is wearing dark clothes with an elaborate hat, almost like a crown. Banquo is disgusted at her reaction and talks through gritted teeth. He directs the line â€Å"Too cruel anywhere† at her implying his suspicions then turns his back to her to show he does not want to talk about what happened with her. Macbeth then enters with Lenox. He is no longer wearing his coat so he is identical to how he looked when he killed the King. This is ironic, as he has just come back from killing the henchmen. He immediately looks at Lady Macbeth. This is to show he sees her as the primary force in all this mess. Macbeth begins to speak and does so in an accusing way. We know he is speaking for the benefit of Lady Macbeth. He spits out the words almost as though he is ready to burst into tears. His line â€Å"Had I but died an hour before this chance, I had lived a blessed time†, is full of regret and is his way of telling his wife this. Donalbain, one of Duncan’s sons wakes up and questions what is happening. Macbeth responds to the young Prince’s question in an insane way. He holds the Prince’s head in his hands firmly and gently shouts into his face. This shocks the other men. Macbeth speaks to Donalbain in poetical language saying â€Å"the fountain of your blood is stopped†, whereas Macduff Comes straight to the point by saying his father is dead. Macbeth then holds the Prince’s head into his chest. He is realising the effect the murder is going to have on so many people and although it would appear he is comforting the King’s son, he is actually comforting himself. Lenox tells the young Prince’s that the evidence of the bloodied knifes show that the henchmen are guilty and Macbeth announces to the group he killed them in fury. Macduff questions this action and it is the first hint of suspicion by someone other than Banquo, who has been standing behind Macbeth trying to look into his face and discover the truth. Macbeth begins his speech to stick up for himself after MacDuff’s question. He starts to walk around the group of people gathered talking into their necks as though he is sniggering at them because they questioned his actions. As he is explaining the emotions that were running through his body when he discovered the henchmen, he makes eye contact with Lady Macbeth and begins to walk toward her. On the wall behind Macbeth there is a modern painting that looks like the image of the crucifixion. This is a connection with the image of Macbeth earlier in the production and could also be a sign that he has made a mistake and will be punished. He comes to Lady Macbeth and grabs her head into his hands as he did with Donalbain. He begins to describe the actual stabbing, â€Å"Here lay Duncan, His silver skin laced with golden blood† and spits the words into her face. Ifans wanted Lady Macbeth to know exactly what the murder was like and how gruesome it had been. I feel he is so passionate as he speaks because of her earlier accusation to him only loving her if he performed the murder. He is showing her what a mess he has made to prove his love for her and he is very angry. This is when we see the power switch between the two characters. She is genuinely frightened by his reaction and tries to free herself from his grip with trembling hands. Chadwick decided not to have Lady Macbeth faint, as it would not work in this situation. Instead he changes the meaning of the words spoken. When Lady Macbeth says â€Å"help me hence† she is asking the others in the room to help her, not because she feels faint. When Macduff steps forward he takes a hold of MacBeth’s arm and says, â€Å"Look to the Lady†. He is asking Macbeth to look at how he has scared his wife not for someone to attend to her after she faints. This was a very good idea and adds variety from other productions. When Lady Macbeth shouts for help we know she is doing this because Macbeth has overstepped the mark and is revealing too much. This is her way of trying to put him back in his place. Banquo then makes a declaration of loyalty to the dead King to question â€Å"this most bloody piece of work† and directs this speech at Macbeth. Fishley is trying to show that Banquo is taking the moral position. When he speaks he stresses the word â€Å"I† as though he is distancing himself from Macbeth. The other men in the room plight their feelings also but Macbeth remains silent which shows he is no longer the same and is excluded from the declaration. The drum again becomes louder and quicker as we sense MacBeth’s anguish. All the men leave the room and dramatically Lady Macbeth is left alone. She is still leaning against the wall and no longer looks as strong as before. She is by herself and this is significant to the rest of the play. Macbeth no longer needs her. The scene finishes with Donalbain and Malcolm speaking of how they must flee as there are â€Å"daggers in men’s smiles† and they could be in danger. Chadwick again introduces a new idea that Macbeth overhears their conversation about them both fleeing to England and Ireland. This shows us that Macbeth is not finished and will go on to lead a life corrupt with murder and evil. The final shot is of Macbeth looking straight into camera with a sly smile on his face. Ifans was trying to show that there has been a change in Macbeth and he is no longer the man he was before. The colour is again dark grey and blue implying he is cold to human feelings. This ends the scene in an interesting climax and leaves you wondering what will happen next.

DESTINATION CASE STUDY on Pittsburgh, PA Example | Topics and Well Written Essays - 2500 words

DESTINATION on Pittsburgh, PA - Case Study Example The newspapers found here are the Pittsburgh Post-Gazette and Pittsburgh Tribune Review, which are the two major. It also has 32 radio stations one can tune into and is covered by 5 major television stations. Being on the south Western side of Pennsylvania, this location has 29 colleges and universities. Sporting events are some of the best and always celebrated in this location and thus this city has four major sports teams, Penguins, Steelers, Riverhounds, and Pirates. The Pittsburgh International Airport is cheered as the top five US airports as ranked by Conde Nast Traveler. On average, over 3.9 million people do visit Pittsburgh annually for both business and leisure. It has also been ranked among the top five most livable cities in the editions of Places Rated Almanac. Records show that modern inhabitants of Pittsburgh, PA were many groups of Iroquois and these were later joined by Britons and French traders. Fur traders came to this place in 1700 and this was followed by the building of a post by French soldiers in 1749 since they wanted to secure a route through the waterway from Canada to New Orleans. At some point, Major George Washington travelled to the city as an emissary to give warning to French people to leave and that the British carry out a construction of a fort at the Forks of Ohio where he declared that the site was strategically situated. The French built Fort Duquesne and the British built Fort Prince George, which were both later destroyed. This was later followed by the resurgence of the Britons who later took control of the land in the year 1758, when the French left their fort after the treaty to do so was signed ending the French and Indian War. A state of the art fort was build, Fort Pitt, which was named after the Secretary of State of England, William Pitt. After these events, a small village of Pittsborough started growing around Fort Pitt in 1861 and this was followed by change of name to Pittsburgh. Riverboat building

Why the Second Amendment Should Not Give Citizens the Right to Own Essay

Why the Second Amendment Should Not Give Citizens the Right to Own Assault Weaponry - Essay Example The second amendment brings about a huge debate regarding the intended objective of this amendment. Some Americans and scholars alike are of the belief that this amendment brought forth an individual constitutional right for American citizens to keep arms (Maier 21). On the other hand, other scholars are of the opinion that the language of the amendment, with focus on the words, a regulated militia was intended at trying to restrict the United States Congress from legislating against a US state’s right to defending itself (Whitney, 42). On the idea that the amendment’s intention was to give Americans the constitutional right to arm themselves (Maier 21), the constitution of the United States tries to restrain legislating against citizen’s right to possess firearms. This school of thought explains that an amendment to denying citizens the right to own firearms would, in fact, be unconstitutional and therefore null and void (Halbrook 36). On the other hand, the sch ool of thought advocating that the amendment was meant at restraining the US Congress from legislating against the rights of US states to defend themselves argues that the local, federal and state bodies are the ones that are entitled the right of bearing arms. This effectively locks out private citizens and individual from the right to bear arms (Whitney, 42). In the case of United States, V. Miller before the Supreme Court of the US in 1939, the Supreme Court ruled that citizens do not enjoy the right to arm themselves and thus interpreted the Second Amendment to mean that the US Congress could, in fact, come in and regulate against the rights of private citizens owning firearms (Halbrook 44). The above case became a precedent until the year 2008 when another case on the same issue of the second amendment came before the US Supreme Court again. In the 2008 case, the court, in the case of District of Columbia against Heller determined that the constitution of the US had indeed esta blished the right to own firearms by individual citizens of the United States. As the plaintiff in the case, Heller was in court to argue against the legality of the ban on handguns in the state of Washington DC. This piece of legislation had been around for the last 32 years. The US Supreme Court, therefore, found the law to be unconstitutional and a violation of the right that US citizens have to bear arms. In addition to the ruling, the court also ruled that the US constitution could in no way refuse to let the mentally ill, as well as criminals, bear arms. The ruling brought about the increased debate as to the real meaning of the second amendment and what the framers of this legislation had in mind when they developed this piece of legislation. In the year 2010 in a case also related to the second amendment, in McDonald against Chicago city, the Supreme Court decided to adopt the argument that the second amendment was aimed at ensuring citizens enjoyed the right to arm themselv es (Halbrook 78). The court determined that the second amendment meant that American citizens enjoyed the right to bear arms for purposes of self-defense. One judge dissented on the ruling, but a majority of the judges and indeed the ruling was that the handgun ban of Chicago that prohibited private individuals from bearing firearms was against the spirit of the constitution (Whitney 22). According to the ruling of the Supreme Court in the year 2008 and 2010, the aim of the second amendment was to enable private individuals to bear arms.

English Film and Literature Analysis Essay Example | Topics and Well Written Essays - 1000 words - 1

English Film and Literature Analysis - Essay Example Let us be ignorant to the visual version of the former and instead we are going to examine the key elements of Raymond Chandler’s novel 'The Big Sleep' and John Huston's film 'The Maltese Falcon', and find out, which stands as a single core trait that the American culture holds to be essential in its heroes. The Big sleep, The Maltese Falcon and Humphrey Bogart ‘The Big sleep’ is a crime novel written by detective fiction writer, Raymond Chandler in 1939. The story is known for its intricacy and many secrets being disclosed throughout the narrative. The whole narrative is based upon Los Angles detective, Philip Marlowe’s point of view. ‘The Maltese Falcon’ is a 1941 Warner Bros. film, directed by John Huston. The film was adapted from the novel of the same name written by Dashiell Hammett. The film ‘The Maltese Falcon’ has been named as one of the greatest films of all time by film critics. The screen play is all about a San Franci sco private detective, Sam Spade and his dealings with three corrupt characters all of whom are in pursuit of a jewel encrusted statuette named the Maltese Falcon. Humphrey Bogart, regarded as one of the greatest male star or film hero in the history of American cinema, played the character of Sam Spade. Humphrey Bogart created his own trade mark film persona through his films, which made him, a symbol of the Golden Age of Hollywood and a popular culture icon even after his death. The single core trait Inspection of these two works shows that the multiple core traits that remain as essential in American heroes are being cynical but honest, hardboiled but noble, stoical, wary as well as tough even without a gun. These multiple elements can be combined to form a sort of ‘umbrella’ core trait named idiosyncrasy. This oxymoronic term refers to the peculiarity and individuality in one’s thought and action. Both the main characters in the novel and the film express thi s in enormous amounts. The American culture during the 1940’s was associated with war and the post-war period, which demanded stoical character trait in its heroes. This can be noted in the pre-climax of the movie, when Sam Spade angrily confronts O’Shaughnessy, telling her that he knows that she killed Archer to implicate Thursby. She cannot believe that Spade would turn her over to the police, but he does, despite his feelings for her, thus exhibiting the stoical trait.  Ã¢â‚¬Å"If you are good girl, you will be out in 20 years. I will be waiting for you. If they hang you, I’ll always remember you† (Huston). This also shows Spade’s behavior of accusing or cursing with sweet dialogue. On the other hand, in ‘The Big Sleep’, Marlowe exhibits the stoical trait in a different perspective. That is, he reveals a palpable dread of his own impending death, and struggles to retrace the steps that led him into a life of danger and depravity. Bo th sleuths Marlowe and Spade place a great emphasis on intricate details apart from viewing the larger picture, which also can be linked to the American culture’s perspective of who can be regarded as hero. The below words by Marlow reveal how he exhibits this trait in a effective manner. â€Å"Over the entrance doors, which would have let in a troop of Indian elephants, there was a broad stained-glass panel showing a knight in dark armor rescuing a lady who was tied to a tree†. (Chandler 1). These words clearly reflect how Marlow being a detective who looks into the details of

Create your own christian demonology Essay Example | Topics and Well Written Essays - 1250 words

Create your own christian demonology - Essay Example The purpose of this paper is to create a new Christian demonology within a particular period and context. The Christian demonology discussed in this paper belongs to the Medieval Period between the 5th to 15th century around the European region, where the belief in the power of demons and grimoires were widely existent during that era. This demonology evolved from the old Christian tradition, on basis of the scriptures, mentioning that the demons were the rebel angels that were cast down from the heaven by God. Though they are spiritual, immortal and immutable, like the good angels, these demons are not omniscient or omnipotent. As per the Christian demonology, the demons were intended to induce sin into the world by possessing and tormenting people in the world. The ultimate mission of the demons was to abandon the faith of God from the people and turn them into adversaries of God. The demonology of the Medieval Period identified demons as evil supernatural beings, who take control over the departed souls of men or their bodies for executing their evil schemes on earth. According to the biblical notion, they are the inhabitants of the Hell and whoever is possessed by these evil spirits are destined to do whatsoever the demons wish to. The demons were considered as the ‘elements of the world’ as supernatural being living in the air and ruling the entire universe. Paul writes in Galatians 4:3, we were in bondage under the elements of the world, which means that both the physical and spiritual cosmos comes under the power of these demons. What distinguishes this demonology is that the medieval demonology held a demonic plurality comprising not only the fallen angels as demons but also the evil spirits and souls of dead humans, in general. This is far from this demonology, as it takes the stand that the entire demonic world comprises of the fallen rebel angels, taking control over the whole world and the universe, for their evil possessions, after bei ng cast away from the Heaven to Hell. The demons exercised power over the world including the wind, water, air, sand as well as the stars and the entire universe. The peasant communities in this medieval period were particularly concerned of these demons as they hindered the nature. They comprised of various occults, witchcrafts, ritual magic and more for either abolishing or inducing the evil acts of the demons for various purposes. These demons also hold influences over the passions of mind, sexual, mania and melancholy by inflicting pain and pleasure. The witches and occultists make use of these demonic powers to perform their actions, choosing the demon with power of Hell that well suits their operations like seeing the future, seducing the object of lust, finding hidden treasure, etc. As the demons have control over the world, it possesses the humans and takes various physical forms for deceiving the world. In this Medieval Period the demons were believed to be the reason for t he pagan cults and other religious practices. It was thought that these rituals would help to expel the demons, by diminishing their evil acts and possession in the lives of humans. According to them, these cultic practices and rituals were the cause for their worshiping of demons which was indeed viewed as rebellious among the Church and Christian beliefs. Â  However, demonic administration used for handling magic, astrology, and mantic arts

Strategic IT Plan PowerPoint Presentation Example | Topics and Well Written Essays - 2500 words

Strategic IT Plan - PowerPoint Presentation Example Health Information Technology is a core pillar of the healthcare system. This paper develops a strategy for Walgreens Company pharmacies to achieve an integrated and fully deployed system of Health Information Technology. The Walgreens Company is the largest pharmacy chain in the United States that was founded in 1901 and is headquartered in Chicago, Illinois. Besides having over 7000 pharmacies in all the 50 states, Walgreens Company has pharmacies in Puerto Rico and the District of Columbia (Bacon, 2004, pp. 12-17). Walgreens Company has retail pharmacies, health and wellness divisions and a health services division that provide pharmacy, goods, services, health and wellness its consumers. Through Walgreens Home Care Inc, Senior Med LLC and Walgreens Specialty Pharmacy LLC, Walgreens Health Services offers medical plans and prescription drugs to pharmacy patients. The Walgreens Company is a pharmacy practice that ensures the effective and safe use of pharmaceutical drugs and links chemical sciences with health sciences. Walgreens Company compounds and dispenses medication, offers clinical services, provides drug information and reviews medications for effectiveness and safety. Being a pharmacy, Wal greens Company is an expert in drug therapy who provides patients with positive health outcomes by optimizing medication use. Walgreens Company should ensure that all its pharmacies have access to electronic tools, irrespective of location or financial capacity. Computerization of health records has come slowly to the healthcare industry. However, most health care practitioners have adopted some forms of computerization. It is essential that all Walgreens Company pharmacies adopt, acquire and implement electronic medical records into their operations. This will allow for the eventual sharing of clinical information with patients and their families and across the

Starting a high-end female sports underwear brand in the uk market Essay

Starting a high-end female sports underwear brand in the uk market - Essay Example Competitive analysis reveals that the underwear market in the UK is highly competitive and overcrowded. It has an enormous extent, making it difficult to break it down to narrower segments. On this basis, the underwear market is regarded as too large for the high-end female sport underwear to handle. As such, the UK underwear market was eliminated from further exploration (Halasa 2008). The sportswear market is anticipated to grow in the coming years, reaching its peak in 2015 at 4.89 billion pounds (Morgan 2001). This growth has encouraged various non-sport retailers to widen their clothing lines, including clothing lines. The sportswear market is growing more quality conscious, and consumers have shown significant potential to pay for it. This has created an opportunity for the high-end female sports underwear in the region. Findings show that females aged between 21 and 24, both within active leisure and mainstream sport are the appropriate target group for the high-end female sports underwear in the UK. This group is an opportunity for the company, as it provides it with an opportunity to tailor its products, and offer wool underwear in line with sports underwear. Nike and Adidas are the major players in the market. As such, it is vital for the high-end female sports underwear start up to gain a strong position. By entering the market as an untraditional retailer, the company will build a strong brand and manage to enter the UK market successfully. An agent will be highly suitable, as this will offer the high-end female sport underwear company with sufficient information about the market. The company will specialize in the production and sale of high-end female sports underwear brands. With sufficient information regarding the market, strong brands for children, men and women, the company will contribute to growth as well as profitability for convenience goods. The high-end female sport underwear brand will serve as part of an

Constitutional and Administrative Law (UK) Essay

Constitutional and Administrative Law (UK) - Essay Example The Cabinet is selected by the Prime Minister and is made up f between 20-24 government ministers who are responsible for running the departments of state and deciding government policy. The most senior members f the Cabinet are the Deputy Prime Minister, Foreign Secretary, Chancellor f the Exchequer and Home Secretary. Also, Members of parliament who are 'Parliamentary Private Secretaries' - unpaid assistants to ministers - there are about 110 members f the Government in all. With this in mind, the Cabinet represents about one-fifth f the whole Government. All Cabinet ministers must be members f parliament, either the Commons or the Lords. Most come from the Commons, but there must be some members from the Lords who can represent Cabinet there. Since the Lord Chancellor and Leader f the House f Lords are automatic members, there can be no fewer than two representatives from the Lords. The framework f the cabinet can be described as, " to take or review the major decisions (f Government), to consider (though not necessarily at the formative stage) any proposals which might affect the future of the Government, and to ensure that no departmental interests are overlooked, thus giving the work f the government a measure f unity" (Mackintosh, J.1977). The United Kingdom can be seen as a Cabinet government in that the Cabinet m

Discuss to what extent the existence of corporate and personal taxes Essay - 1

Discuss to what extent the existence of corporate and personal taxes could affect companies' dividend policy and capital structure decisions - Essay Example Dividends could be said to be the reward for the shareholders' participation in contributions towards the corpus of company and its management. The dividend policy plays a crucial role in the financial operations of corporate in the UK because it is closely dependent on current profits and also future profitability of the entity. As per law, Companies could distribute dividends, only out of earnings or reserves of the Company, since otherwise; it would amount to paying back its own capital to the shareholders. Thus, a Company could only distribute dividends out of its accumulated profits and free reserves available for such distribution: It may choose not to pay any dividend and may retain its earnings for future plans, the Company's decision not to pay dividends may stem from the need for maintaining reserves for market expansions, need to buy back shares at later date, building funds for heavy investments projects, programmes, etc. It may decide to pay minimum dividends out of its retained earnings, keeping the long term prospects of the Company in view, with the optimistic view that in future years, it would be able to maintain or increase, the level of profitability, and thus its rate of dividend. This is because a falling rate of dividend may discourage potential investors and they may become circumspect about investing in such companies. This would have detrimental consequences on the company's market image. The Company's operations are such that it is in a strong position to regularly pay high rates of dividends, even quarterly basis, in terms of a strong market position and market realisations. Moreover, because of reputation and goodwill gained by the Company, it is also able to attract outside investors for future growth plans and expansion, and it need not depend entirely on the present earnings and Capital reserves at its disposal. It would not be wrong to say that dividend policies, besides the tax element, is also dependent upon available of consistent profits and dividend yielding assets Role of Taxation in determination of dividend policies: Taxation plays an important role in the determination of dividends because of the following reasons: Incidence of double taxation, especially in developed countries. Capital gains being subject to a lower rate of taxation than

Children with Linguistic Differences Essay Example for Free

Children with Linguistic Differences Essay In today’s classroom, it is common to have a student who speaks English as a second language. The teachers today should have knowledge of linguistic diversity and apply what they know to assist those children. According to our text, language is one of the aspects that define diversity and it is one of the fundamental tools of cultural acquisition and a part of a child’s cultural identity (Robles de Melendez Beck, 2009). As educators, we must assure those children who speak English as a second language have the same education as English speaking children. In a child’s learning environment, no matter what language that child speaks, they should be comfortable and familiar with the things that surround them. It is important to label a child’s environment with the different languages that the children speak in the classroom. If a child’s native language is Spanish, French or German, there should be a corresponding labels in that language on shelves, tables, toys and doors. Other materials that is used in a classroom that assist with linguistic diversity is age appropriate books, printed materials such as newspapers, flyers and signs in different languages and music from diverse cultures (Robles de Melendez, 2009). When you have a classroom of different languages, it is necessary to understand what is going on in the children’s mind as you speak a language that they are not familiar or comfortable with. We need to understand, expect, and feel comfortable with the natural responses (e.g., laughter, first language use, silence and fatigue) that occur when our students  participate in interactions in which they are not completely proficient in their language (Curran, 2003). Teachers should respect the fact that students that are English Language Learners or ELL may want to speak their native language. It could get frustrating at first trying to learn and understand what they are saying but it is the say when the tables are turned and the student get frustrated when they do not understand what the teacher is saying. Individual lesson plans can be used to connect with a child and build their language skills. Themed lesson plans also help children connect with their own language. In any classroom, educators must not assume what a child knows or what they need to know. Assessments must be done to know what steps are needed to teach the children in the class. This is especially important when you have children with linguistic diversity. Teachers of young children in today’s diverse classrooms need to confirm that their teaching strategies meet the needs of their students (Robles de Melendez Beck, 2009). To make sure that the teachers are getting the right information, the classroom should be assessed for linguistic diversity. Some ways to do this is to talk to the parents and family members, doing observations of bilingual interactions and using questionnaires and surveys. Once you know what kind of diversity you have in the classroom, then the classroom should be analyzed to figure out how to teach the students. This is done by assessing the topics that are taught, how they are taught and what resources are used to teach. It is important to maintain open communication with the child’s parents and families. We as educators should not try to eliminate the child’s first language but preserve it and assist them with the second language. Through different activities geared towards a child’s first language will help keep the child culture meaningful. Parent can assist by singing songs in their native language or just playing games that are native to their country. Continue to invite the families into the program to allow them to share their experiences with the classroom and this would help the children and families feel welcomed. There are two typed of knowledge that is necessary to teach linguistic diversity and they are the knowledge of practices of second language acquisition and the knowledge of cultural ideas. Having the mere knowledge of how important it is to preserve the first language and acquire the second language and knowing a little something about the culture that is being taught. As early childhood educators, it must be understood that the role that language plays in the life of a child vital to their learning environment. It is important that children with linguistic differences be supported. Through the classroom environment, experiences, assessments, keeping an open communication with the parents and the information that the teacher knows, the children will be able to get the best education not matter whether English is their first or second language. References Curran, M. (2003). Linguistic Diversity and Classroom Management. Theory Into Practice, 42(4), 334-340. Robles de Martinez, W., Beck, V. (2009). Teaching young children in multicultural classrooms: Issues, concepts, and strategies. (3 ed.). Belmont, Canada: Wadsworth.

The Leadership Style Of Yvon Chouinard

The Leadership Style Of Yvon Chouinard At the centre stage of Patagonia Company stands its most valuable pillar and founder, Yvon Chouinard. Yvon saves is a man believed to be saving the world, one fleece jacket at a go. Being a climber, surfer, am entrepreneur, an environmentalists and a known philanthropist, he certainly stands out as one of the few business men who attained success based on his own terms of doing business. Based on his tender age experience as a climber, Yvon realized that he was capable of making more environmentally safe, cheap and effective climbing equipment than what was available in the market. Patagonia, the company that he formed makes exceptional gear as a market leader in the same with worldwide sales soaring above 240 million US dollars annually! Chouinard leadership at Patagonia has basically been a fearless one which has enabled the company to uphold innovation in its corporate practice as well as embracing new changes like when it switched to the use of organically grown cotton as well as other forms of recycled materials alone in its production process. His fearless qualities have also ensured that the company can manage to give away a small percentage of its annual gross sales to the other small scale works that are not profit oriented and maintain the profitability of the company. In Let my people go surfing, Yvon shows how by keeping the determined spirit of an explorer, one can blend work, play and social duty and remain successful. Through his easy leadership, Yvon has managed to curve a reputation of unsurpassed quality, long term environmental strategies and a maverick innovation plan in the company. Even the face of the challenging business world, Yvon is still into surfing and generally adventure but surprisingly maintains record success in his business. One of Yvons philosophies is that You have to be true to yourself; you have to know your strengths and limitations and live within your means (Chouinard, 2005). Yvon says that though he tried to look at herself just like a climber, surfer and blacksmith, he had to accept that he was also a businessman and was going to remain one for a long time probably. He however decided that if he was to stay in business, he was going to operate not by the normal rules of business but by his own terms, be serious but make his work enjoyable on a daily basis. He also realized that the terms under which he was going to operate were suppose to allow him and his employees climb one stair of their progress one at a time, allow enough freedom for their employees to dress the way they want, even bare foot if it would make them happy! And create some spare time for him to surf the waves, sky the powder or take care of issues at home. In other words he cultivated a culture in Patagonia where there was dist inction between the family, the work someone did and play. Even though the company profits grew from 20 million dollars to 100 million dollars between the 1980s and 1990, he and his wife Melinda kept all the money in the business (Chouinard, 2005). The growth in the company just excited everybody and they never failed to do what they could to maintain that level of growth. Upward vertical mobility was very real since even new employees in lower paying jobs like in the warehouse or retail stores had the opportunity and indeed rose to better paying positions in the company. Yvon established a fast-growing organization which in turn helped with outsourcing of the skilled labor that they needed. Despite the growth, Patagonia staff members still managed to keep their own cultural practices. People surfed at lunch hour; they played volleyball on the sand behind the building. When it came to the realization of Yvon, that Patagonia was likely to make a billion dollars in profits if the market mix remained as it was for some time, he decided that 10 percent of their pre-tax profit or 1 percent of their profits would go towards environmental rehabilitation and rejuvenation projects annually. His passion for environmental safety and sanity made him to decide that the Patagonia was going to start using recycled papers, an action which saved the company 6 million gallons of water, 3.5 million kilowatt of electricity and also helped keep off 52, 000 pounds of pollutants from the air. This measure which took place in 1990 also helped the company to help save about 14,500 trees from being used as fuel (Chouinard, 2005). Under his leadership, Patagonia worked together with other entities like Wellman and Malden mills to come up with recycled polyester which the company used to come up with its PCR Synchella fleece. Later, the world financial recession came and hit hard at the company to an extent that they had to cut down on their spending to stay afloat. This is the time; Yvon realized that the company had exceeded its resources as well as its limitations. He realized that the company was dependent on a growth that it could not sustain. Re-thinking the company priorities and instituting new practices became a priority. The recession called on the company to break its rules and make use of the very resources it had deemed unsafe for the environment, a scenario that forced Yvon to organize several employee seminars in different places where they could observe the environment, ask themselves capital questions why they were in business, what they needed to do as a company to reduce environmental degradation and global warming, the culture that everybody at Patagonia was brought up in and the values they both shared as individuals. While the company managers were concerned about the interventions t hat would take care of the cash-flow crisis, Yvon brought to their attention slowly and bit by bit, the businesss environmental ethics and even values. With this he taught his entire staff the values he had leant as a surfer and climber that You have to be true to yourself, acknowledging their strengths and weaknesses while trying to live within their means because if the company tries to be what they are no, there was likely to be a mentality of Having it all which could be the final nail on the coffin and the business is dead! Yvon Chouinard was in all aspects a very inspirational leader because he had followers! All his employees followed his lead without complaints. By allocating some time for play and adventure even for him, he showed one aspect of his weakness He cannot work without playing/having fun! This made him approachable. He used his intuition to appropriately gauge the right time to instill in his employees the values he had leant as a climber, when the financial crunch was threatening the companys existence. He tried to capitalize on what made them unique as a company, him as the manager, owner and leader of the rest of the employees. They all had been brought up in a culture of environmental ethics. He influenced them into surfing every lunch time. Finally, his inspirational leadership skills come in because he showed tough empathy to his employees in the sense that he cared passionately about the work they did but had to be realistic with them that without operating within their limits and exploiting their strengths and weaknesses, they were headed for a hard day in office as a business. He cultivated excellence as well as innovation by adopting the environmentally safe modes of production, was a source of optimism and enthusiasm in his free style method of management. Finally he encouraged his employees to have high inspirations by putting in place structures that allowed even junior clerical workers to rise to higher ranks with more pay. He was therefore very inspirational in all means. Yvon was a leader who was driven by ethics hence an ethical leader at the same time. He encouraged his employees to involve themselves in environmental restoration programs and even take responsibility by committing a percentage of the companys profits to the same. Striving for a balance between work, the family and play was also at the center stage of his influence as a leader. He was therefore very ethical and inspirational in his approach to issues. His leadership also has an elem ent of contextual init because he managed to build a team identity at Patagonia. Their production method, the games they played and the central values to which all the employees subscribed to made them an outstanding lining in a fabric of similar companies in the US. When the company faced an adoptive challenge due to the financial crisis which was calling on it to ignore its values and embrace the use of environmentally unfriendly resources, he mobilized his employees in different teams let them pick out the values that put them together and to identify the adaptive changes in that case. Through his guidance, they realized it was necessary to live within their means. He Got on the balcony and studied the pattern of change which was imminent, Identified the adaptive change by looking at the risks which the current pattern of doing business posed if they were to persist with it and he regulated the distress that came with the new change by taking the employees to far off places sometimes even next to mountains or under trees to reduce stress and help them absorb the realities of the new change before making informed decisions. His contextual leadership skills pushed him to seek a bigger picture of the implications of the financial crunch on Patago nia and he maintained a disciplined attention seeking the suggestions and discussions of his team and through this, gave the work back to the people so that they can own it and protected the voice of the people from below by creating a forum where people could exchange and discuss freely without suppression of any kind. There was no blame game and he believed that because they had succeeded together, no fingers were supposed to be pointed at anyone but all needed to build a consensus and realize that operating within their means was the most convincing way out. Sustainable Development in Businesses Organizations the world over are faced with a challenging issue of creating a balance between the need to make a profit and the need to preserve the very same resources from which they get their profits. However it has become paramount and critical for organizations to have policy approach geared towards the use of resources without compromising their future availability. Sustainable development is that policy approach and it broadly touches on three things: a broad view of social, environmental and economic outcomes, a long term perspective concerned with the rights of future generations and an inclusive call to action that requires everyone to take charge of their actions. Some organization CEOs have been reluctant to embrace this. This paper is an argument in favor of sustainable development and the need for organization CEOs to make it a part of their policy needs. Human Resources An organization is structured basically from its human resource. An active and productive human resource in an organization is also the desire of every CEO. Sustainable development requires people in an organization to be competitive in order to drive success and create innovation. This gives an edge to the company even in the market share and general welfare of the company including profitability. When employees think of the future and ways to improve and optimally give back to the environment, they come up with highly innovative ways to tackle challenges within the organizations (Casper, 2009). A company that has innovative human resources is always likely to drive success according to Casper and this can be noted when a effort is put into encouraging people within the organization to embrace environmental challenges of the day. A progressive CEO also considers the health and wellbeing of his employees. There is no better way to do that than to embrace sustainable development as it broadly tackles the needs of a workers health and wellbeing. It is very important to have a clean environment in the workplace for everyone in the organization and can only be effectively tackled when there is a sense of optimal resource usage in a business. Therefore, once a company takes that issue to their most valued human resource, the benefits are great because a certain culture is instilled inside the company. Energy Conservation Energy is a highly scarce commodity. Every company strives to get energy very cheaply so as to reduce overhead and drive profits. This may compromise the importance of an organization to put into consideration the need to conserve the sources of that energy. Even though it is a critical commodity it does not warrant the CEOS to use unorthodox and harmful ways to get it. This positions the organization as greedy and may be harmful to the image it portrays to the general public and to its customers (Malone Pasternack, 2002). This brings the importance of sustainable development to the minds of CEOs and the policy developers in an organization. Energy projects are very capital intensive and have a long gestation period. They therefore have a direct bearing on the environment and ecology at large. A lack of sufficient energy impacts badly on the economy and on the lives of people. Hence it is of paramount importance that the sources of energy are used in a wise and sustainable manner to fairly impact the people and to drive the economy of a country. Pollution of energy sources, especially the non-renewable ones, is a threat even to the national security of a country. The sectors that offer jobs that are energy affiliated are significantly affected and an employment situation may present itself and this is a threat to the security and national wellbeing of a country. It is imperative therefore that those ceos sustainably use the energy resources if they are patriotic nationalists. The economic growth realized will only serve as a plus to the organization as this means more business and hence profits and the overhead costs are greatly reduced. Architecture Organizations expand and have growth targets for the future that should impact the lives of future generations. A future-oriented ceo is the one who has the capacity to embrace sustainable architecture. This is a bit costly when considering the capital required. But when viewed from an angle of the need to conserve the environment and the futures positive impact on the lives of future generations, it is worth putting in maximum effort. The design for architecture should put into consideration energy consumption, employees health and well being, plus maximum utilization of available resources. For example, instead of using electricity for lighting and heating, the organization may employ the use of solar energy for the same utilities. In addition, the material for construction that is recycled, such as reclaimed lumber, and low volatile organic compounds, may play a big role in the reduction of harmful emissions in the environment. An organization can also incorporate waste management that is progressive and places into consideration the issue of environment. The current trends show that governments the world over are going to enact legislation barring people from using certain materials for the construction of buildings and this may be a step ahead of the rest. Obviously this will be profitable then since the price of materials required will have shot up due to inflation and demand as the others try to grapple with the government requirement. It is therefore prudent for a ceo to use environmentally sustainable construction since it is likely to drive profits in the future (Casper, 2009). Health Human health and sustainable development are inexplicably linked and go hand in hand. It is the desire of every organization to have healthy and able employees. This reduces medical bills due to insurance, reduces interruptions during work and positions the company for future growth and development. However the threat to the health of people is very real when viewed from the angle of the manner in which big companies and corporations are either inadvertently or knowingly engaging in activities that are harmful (Malone Pasternack, 2002). Productive CEOs must come up with ways of stemming this and there is no better way than to embrace sustainability of the sectors that massively affect health. There is a notable change in demographics, consumption and behavior in people. Most of them are moving towards towns where companies are situated and this poses a threat to their health if the issue of waste management and harmful gaseous emissions by companies is not properly checked. As a companys broader task to embrace corporate social responsibility, a progressive and future oriented ceo should press for policies geared towards ensuring that the heath of people is a priority. This positions the organization to have a good image when viewed by people and it enhances its customer base through that (Casper, 2009). Legal Aspect The governments of today and the international community at large, in its last gasp to enhance sustainable development, are coming up with laws to govern the use of resources. This has made it necessary for companies to try and make policies fit into the legalities or face strict penalties. In a country where these laws exist, there is more pressure from human rights organizations to make them stricter than they are. Some have gone to the extent of inserting in the constitution the basic right of a clean healthy environment so as to stress the importance (International Law Commission, 2003). Due to this pressure across the board, it is imperative that an organization embraces the need for sustainable development. This will reduce friction with the law and greatly reduce any legal costs that the organization may have. This is also beneficial to a countrys development because it enables compliance with environmental treaties that it has signed and also ratifications of the United Nations (International Law Commission, 2003). Social Aspect In most countries where use of resources is not closely watched, the less privileged in society are most affected. This includes the youth and the women and children. This group forms the foundation for a countrys growth and if not consistently checked can be a disadvantage to the economy of the country (Malone Pasternack, 2002). This group of people is paramount to the security situation in every country. The youth are known to create chaos in a country where unemployment levels are huge. This is a future problem being propagated today and it threatens the future of organizations. In light of this problem, organizations should therefore embrace sustainable development to position themselves for future markets. The available resources should be used carefully to realize this goal. The organization stands to benefit security-wise and the country is likely to realize economic growth hence benefitting the organization further. Also people once faced by such problems resort to mass action and this is dangerous to organizations reputations especially if it deals in sensitive products such as food (Malone Pasternack, 2002). To sum up, sustainable development is an aspect of current time and any ceo who seeks to position his organization for future growth and development should embrace the task of environmental conservation. The many aspects of the business are invariably touched in one way or the other by the issue and any business leader who ignores these risks could well be considered retrogressive or insensitive in his quest to grow business wise. Also through sustainable development, three important issues are affected positively: the environment, finances and social welfare. These three issues are interrelated and form the pillar of growth in any organization. Therefore business leaders should welcome sustainability (IANS, 2008). Ethics and Business In this post Enron era, managers are still struggling to find a fit between ethical codes of behavior in the workplace. They also are identifying practices that are not only ethical but consistent with organizational productivity and sustainability, both in the short run and the long run. Ethics, a word derived from the Greek word, ethos, meaning a way of living, can be termed as an accepted code of behavior in the workplace. Ethics are mainly informed by society values whereas a business operates in terms of their economic, social, cultural and political diversity. Despite the lack of generally accepted workplace ethics worldwide, managers should develop strategic plans in their organizations that would promote basic human rights, while at the same time, improve organizational teamwork and productivity. Strategic planning refers to the systematic identification of an organizations short, medium and long term goals, followed by the development of action blueprints on how to achieve them (Gray, Larson, 2006). The first approach that I would take on ethics in the workplace is to ensure the observance of basic human rights of all stakeholders involved in the business. This is based on the premise that managers of organizations would interact with stakeholders such as employees, suppliers, debtors, creditors, financiers, customers, government and society in general. Impact of ethics on various stakeholders of the business It is universal knowledge in psychology that human beings tend to build relationships and develop confidence in people who treat them fairly. Paying suppliers at the right time after delivery of goods or services creates supplier confidence regarding the organization. To maintain and safeguard this relationship, a supplier will strive to honor his delivery contracts to the corporation. This will ensure a continuous production of goods in the organization. This has the capacity to reduce any loss that can emanate from unsatisfied demand due to internal inefficiencies. A manager, who is ethical in terms of the way he or she sources for finances for the organization, is likely to develop a good credit rating. This ensures that the company can access finances when the need arises on short notice as a result of the managers reputation for having excellent collateral. Communicating to a customer in the right way, offering the right service at the right price and being open to a client about a product is likely to develop the confidence of such a customer towards the company and its brands. It is a well known fact in the field of marketing and psychology that a satisfied customer acts as a voluntary promoter of the company and its products to other people. Such a customer recommends the product to family and friends. This action increases the organizations client base leading to growth of sales and profitability. To achieve this, managers must come up with a clear customer focused strategy on how employees are supposed to talk to customers and how they are supposed to serve them (Sison, 2008). The public forms the market base on which a business thrives and managers should ensure that the organization is not engaged in unethical practices that may negatively affect society. It should carry out activities that promote growth and the development of society. This is a long term investment by the company since a well developed society provides the organization with a wider customer base for its goods while at the same time ensuring sustainability of the organization in the long run. This understanding has in the recent past culminated to a move by a number of organizations to achieve brand positioning on corporate social responsibility. The shareholders of the organization are affected by both ethical and unethical actions of any of the stakeholders of the business. The managers are only custodians employed by the shareholders to take care of their investment. Consequently, when they engage in unethical practices within the organization, such as embezzlement of funds, managers lose the shareholders confidence in them since such unethical behavior can lead to the collapse of an organization. Finally, when many people refer to ethics in the workplace, they have employees behavior in mind. Observance of basic human rights in organizations ensures that employees feel secure in carrying out their duties. This peace of mind influences them to be more productive. Once managers treat their employees fairly, such employees are likely to remain motivated. It would also ensure that employees have negligible, if any, work related stress. Many people can attest to the fact that when working in an organization where a person feels valued and respected, an employee executes his duties in an enhanced manner leading to higher productivity and profitability. To achieve this, managers should come up with ways and means of creating a good work environment where there is no abuse of employees by the employer and where basic human rights are respected and observed. How to promote ethics in the workplace Implementing strategic plans on ethics requires accommodation of diverse behaviors from individuals. Some organizations thrive in utilizing employees diversity to generate unique products and services instead of trying to standardize their behavior. In the post Enron era, organizations are paying more attention to the issue of ethics in the work place when developing their strategic plans. To do this, they start by collecting views among their employees and other stakeholders. This helps in understanding the social and cultural diversity of an organizations stakeholders. For instance, bowing slightly before shaking hands with senior individuals is treated as a sign of respect in some cultures. In other cultures, it is seen as a symbol of slavery and abuse. Consequently, it is only after understanding individuals cultural orientation that managers can develop a fit in workplace ethics which is not only inclusive but also consistent with the organizations strategic mission. Ethics in the workplace can be promoted by strategically developing an organizations culture that supports ethical behavior. This is based on the principle of the need for association by human beings. This helps employees in developing a sense of belonging to the company and to its culture. To fit in the work environment where they spend many of their waking hours, employees are likely to take up the code of behavior portrayed by senior managers. As a result of this, if the top managers are corrupt, disrespectful or posses any other vice, employees are likely to follow suit. A healthy corporate culture such as one that promotes quality in their employees ways of delivering services and interaction with all business stakeholders is likely to increase profitability in the long run. A good and ethical corporate culture ensures that senior members of the company act as role models for junior employees who will most likely strive to maintain ethics in such a workplace. Workplace ethics can be promoted by ensuring that an organization has satisfied employees. The satisfaction may be as a result of proper remuneration. Consequently, managers should not only view an employees salary as a cost, but they should also view it as an investment in ensuring that the organization retains highly skilled employees in the long term. Hard working employees who contribute a lot to the company feel cheated when the salary they receive is too small. This makes them feel justified in their corrupt activities (Swartz, Watkins, 2003). The organization should also have a good work environment. Another factor that managers should consider is proper orientation of employees. This may demand the use of a professional alongside reliable managers in the orientation process of new employees. Such a set up ensures that the right ethics code is clearly communicated. When carrying out their duties, new employees compare their actions with what they were taught on the first day rather than what their colleagues are doing (Wiggins, 2006). This ensures that unethical individuals in the organization do not pass the vice to new employees. What is ethical is interpreted differently by different people. Managers should come up with a set of ethical behaviors in the workplace in collaboration with employees. Efforts should be directed at sensitizing employees on what is termed unethical in such organizations. The organization should develop benchmarks on progress of the employees in terms of ethical behavior in the workplace. This is because, like any other strategy, a strategic plan in promotion of ethical behavior should be monitored and controlled after implementation. Those who follow the ethics code should be consistently recognized and rewarded in order to motivate them to maintain ethical behavior in and outside the organization. In conclusion, it is worth noting that ethical behavior as indicated above affects the productivity of the organization. It affects the interest of all the stakeholders of the business. Despite the lack of specific attributes to good ethics, it is worth noting that good ethics should promote the achievement of an organizations goals and objectives. They should be entrenched in the organization by the management in collaboration with their employees. Continuous control and the monitoring of strategic plan implementation progress are both vital as they help in keeping employees and other stakeholders on course.