Lean On Me Assessment Essay Example | Topics and Well Written Essays - 250 words

Lean On Me Assessment - Essay Example He is very strict and he believes a lot in the value of discipline. In a way he acted like a dictator in the school. His leadership style worked well with the students, but it got him into trouble with the teachers because he did not show mutual respect. The teachers were not the enemy they are a part of the solution to fix the problems at the school. I would describe Mr. Clark’s organizational interventions as one sided. He controlled the interventions by imposing his authority into others. Due to the major problems the school faced Mr. Clark was the right person for the job. He made sure he resolved problems by imposing strict measures. Mr. Clark’s interventions brought clarity and changes to the school. He was a leader that got involved in every aspect of the school including students, teachers and parents. The students at this school needed the discipline. His style got him into trouble with the teachers because it seemed he did not respect their work. An example of a wrong decision by Mr. Clark was firing the music teacher for standing up to him. As the principal Mr. Clark had legitimate power over the teachers. Legitimate power is formal authority that can be used to control other people (Schermerhorn, Hunt, Osborn, 2003). Mr. Clark was too tough on the teachers and he was not accepting their input. As time passed in the story of the movie Mr. Clark started to change his ways and he began to cooperate with the teachers in order to make the school a better place for

Using Metaphors in Organizations Essay Example | Topics and Well Written Essays - 3500 words

Using Metaphors in Organizations - Essay Example This essay stresses that metaphorical way of looking at an organization is a very useful way of understanding the organization, developing new concepts and theories that can help in better management and growth of the organization. This can potentially have a very positive influence on the society and environment as well. The discussion above explains how two different metaphors for the same organization can create completely different perceptions and theories in terms of their operations, people, customers and stakeholders. This paper makes a conclusion that emphasis on metaphors can be considered as one of the oldest, most deeply embedded, even indispensable ways of knowing in the history of human consciousness and also form the basis of some of the most central ideas of understanding a concept. In fact, many theorists have agreed with the three reasons Ortony. These theories state that metaphors provide a compact version of an event; they enable people to predict characteristics that are unnamable, and; they are more vivid emotionally, sensorially and cognitively because they are close to perceived experience. In spite of the power embraced by metaphorical expressions, their exploitation creates lot of misunderstanding of the concept. The positive outcomes of metaphorical expression of organizations as brains can be attributed to the sophistication in information processing systems used by the organization, their capacity to handle huge data, and their ability to think and act strategically.

Joseph Rudyard Kipling Essay Example for Free

Joseph Rudyard Kipling Essay The study room was surprisingly empty. The door was crying out for some one to come open it. The papers lying on the table were rustling out loud, almost as if giving a signal to use them. Beside were pens lying and whispering for someone to pick them up. The chair was looming for someone to come and use it for comfort. Slowly the door opens with a crack. There, enters a man: always with a look of confidence and pride showing away to everyone. A man loved by everyone for his work which was presented to the public. This person was none other then Kipling: a poet, novelist and not to forget an imperialist. The time period was around the 18th century when British established their rule over India. Another term for taking over was known as IMPERIALSIM: when a strong nation like British takes over a weaker region like India. Once they take over, they dominate the regions politically, economically and culturally (Imperialism 8). As every country wants to keep their own culture and have their own rule, India was against British rule. The only people who supported them were the Sikhs. When countries took over foreign lands, they expected the natives to practice their culture inferior to their own (Imperialism 9). This was called the white mans burden. Later on there was a popular poem named the same written by Kipling. Joseph Rudyard Kipling was a blessed child born to be an English writer and a Nobel Prize winner to John Lockwood Kipling: an artist, a scholar and a capable writer, and to Alice Macdonald. Kipling was a man who wrote novels, poems, and short stories, mostly set in India and Burma (now known as Myanmar) during the time of British rule. He was born on December 30, 1865 in Mumbai, India. His first name Joseph which was never used as it was his fathers father name, except for his baptism in the cathedral. His second name Rudyard was named after the place, Rudyard River where his father and mother first met. As a child of a rich family, he never got the tender love and playing time with mother like most middle or low class children would. Instead he was bought up by an ayah. As being raised by native servants meant affection and intimacy, and that intimacy meant, above all, that he learned their language, Hindustani (Rudyard Kipling 19). He was sent to England for better education at the age of six to a foster home. There he received unkind treatment which he later expressed in the short story Baa Baa Black Sheep in the novel The Light That Failed. At the age of 13, Kipling entered Services College: an institution specialized in training for entry into military academies. Unfortunately his poor eyesight and other factors shredded his hopes for a military career. He returned to India at the age of sixteen. In 1882 he started working as a journalist in Lahore for the Civil and Military Gazette: a local newspaper where he wrote and edited short stories. Gazette was an excellent way of building up the knowledge of India that was going to make him as a writer (Rudyard Kipling 42). In 1887 he was promoted to the staff of the Allahabad paper, Pioneer: a sister paper with much higher standard then the Gazette as an assistant editor. India and Kipling had been made for each other. She gave him what no other English writer was ever to experience in comparable fullness and intensity; .. As her mark was set on him for life: with the exception of some travel pieces, seven or eight stories and a few dozen poems all his best work reflects or remembers India (Rudyard Kipling 52). This statement shows us that he had a passion for India: all the colors and sounds and smells made an impression on him that was distinctive as well as deep (Rudyard Kipling 20). Almost every novel he wrote, short stories or poems were all connected to the life he spent in India. He loved his child hood days he spent in India give me the first six years of a childs life and you can have the rest (Something of myself). His novels described the setting (India) very well especially, its beauty as a country, the culture and the distinct features it has as a diverse country. Kipling was an imperialist. He believed it was right and proper for Britain to own India and rule the people (www. english-literature. com). He accepted the Empire as it stood and he approved the annexation of Upper Burma (Rudyard Kipling 52). He was one of the few people who approved the right of British to rule India. He wrote books and poem supporting the fact that British has the right to rule. Famous poem was the white mans burden and a popular novel named KIM. It is a novel that embodies his attitude towards British rule in India which these days are wholly unacceptable and unpalatable (www. english-literature. com). Even though he resided in India and was an Anglo-Indian he still supported British. Though he considerable colonial experience in India as well as sympathy for Asians, his writing clearly reflects the British and imperial attitude (Rudyard Kipling 67). Enough comments were made about the novel KIM such as a master work of imperialism .. Rich and absolutely fascinating. But nevertheless profoundly embarrassing novel (Edward, www. english-literature. com). Kipling is the man who is remembered for his celebration of British imperialism and heroism in India and Burma (Rudyard Kipling, 53). He is the man who is still remembered by everyone including kids by reading his wonderful work of writings written for us. Common examples are Jungle book, KIM, famous short stories such as Rikki-Tikki-Tavi, the Naulahka are to name a few. His love for India was incomparable to any Anglo-Indian, it shown in almost every novel which had a setting of India. Kipling should be as thankful to India as India should be thankful for him. Kipling introduced a new type of story and brought out the knowledge of India more to other people around the world by having it included in his stories. He made a difference in the world of writing by producing great novels such as Barrack-Room Ballads, etc. Kiplings life and work are extraordinary unlike those of any other English writer (Rudyard Kipling 1). He was the first Englishman to receive the Nobel Prize for literature. Kipling is man who left marks in the world of today by using his ability to remind about him and his works constantly. BIBLIOGRAPHY Book Amis, Kingsley Rudyard Kipling and his world. Great Britain, 1975 Handout given my Mr. Quan for Imperialism. Websites  http://www.bbc.co.uk/dna/h2g2/A5316798

Case Study of China Aviation Oil Corporation Ltd

Case Study of China Aviation Oil Corporation Ltd Risk Management and Corporate Governance A Case Study of China Aviation Oil Corporation Ltd. Background introduction to CAO China Aviation Oil (Singapore) Corporation Ltd (CAO) is the Singapore subsidiary of China Aviation Oil. CAO was established in 1993 and its main business were jet fuel (kerosene) purchase for Chinese airports and international trading of fuels. CAO developed really fast and achieved 92% market share of the procurement of imported jet fuel for Chinas civil aviation industry by 2001. However, it was then involved in a big scandal which lead to its failure. In November 2004, CAO declared a total loss of $550 million and filed for bankruptcy. timeline of critical events Q1 2003 CAO enters into speculative option trades on oil prices with a bullish view Q4 2003 CAO changed its strategy and started trading speculative option trades taking a bearish view. Oct 2004 à ¢Ã¢â€š ¬Ã‚  international oil prices rose steeply, leaving CAO facing significant margin calls on its open (short) derivative positions. Nov 2004 in a press release CAO stated it was unable to meet some of the margin calls arising from speculative derivative trades. The total derivative losses amounted to $550m. Mar 2006 à ¢Ã¢â€š ¬Ã‚  CEO Mr. Chen Jiulin was arrested with the charge of insider trading, fined and sentenced to 51 months imprisonment. Literature Review option-based strategies There are two types of options: call and put option. One can either long or short the two options to gain profit (speculating) or mitigate risk(hedging) from price changes. In this case, CAO started its option trading in 2002 initially to hedge its jet fuel risk thorough. derivatives of futures and swaps. However, in the mid 2003, CAO started trading in speculative derivative options. hedging A hedge is needed to mitigate the risk from potential unfavorable swings in commodities. However, considering the cost and benefit effect, a hedge is not always necessary. One needs to understand the risks to be hedged, evaluate the severity and timing of downside risks properly, consider the financial instruments available and costs of certain instruments to determine the most cost-effective way to hedge. risk management and corporate governance Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures, legal liabilities, credit risk, accidents, natural causes and disasters, or uncertain events, etc. The Board should establish appropriate guidelines for trading and ensured that they were consistent with the companys fundamental risk management policies, management capabilities and expertise, and overall risk appetite and tolerance. Senior managers (including executive members of the board) should formulate the major policies and guidelines of an institution. There should be a separation of duties between those who generate financial risks and those who manage and control these risks. Analysis CAOs trading strategies escalating bets As mentioned above, the companys trading strategy changing from hedging risks in 2002 to speculation with bullish strategy (bought calls and sold puts)in Q1 2003, which proved to be an accurate prediction. However, CAO then took a bearish view of the trend in oil prices in the fourth quarter of 2003, and began to sell calls and buy puts, with the result that it was in a short position at the end of the quarter. As the assumption was that oil prices would fall, it was further assumed that the counterparties would not extend the options, and these would therefore lapse to the benefit of the company. However, the price went further upward this time. The rise in oil prices resulted in the counterparties exercising the extendible features on options, and with the calls that were sold, the company faced the real risk of having to sell the contracted number of barrels at the strike price and realizing substantial loss. incorrect option valuation methodology The Special Auditor from PwC assigned by SGX discovered that the company used the wrong MTM valuation method by ignoring the time value, which lead to the misestimation of oil price and the wrong speculation strategy. While CAO had the chance to remedy the mistake by comparing the pricing with counterparties but the company met the margin calls without protest until it lost the financial capacity to do so at the end of September 2004. motivations behind Financial: the company developed fast and became monopoly in the market since 2000. In order to bolster its profile as well as boost investors confidence and generate more profit, the company was willing to take high risk. Political: according to exhibit 8, the year 2003 saw the burst of Gulf War. The company may want to take advantage of the war so that higher risk is acceptable as fuel is a critical resource during wars. Corporational: the lack of risk management knowledge of the CEO, insufficient management environment within the company and the inefficient external audit, as will be discussed in detail in the next section, further accelerated the fall of the big company. CAOs risk management and corporate governance In its 2003 annual report, CAO indicated that it had a formal system of rigorous internal controls over three layers. Meanwhile, other sources of control includes China Securities Regulatory Commission and External Audits. It seems that the company should have a stringent risk appetite. However, according to PwCs report, despite a continuing significant loss in 2004, in order to avoid recording and reporting losses, the company adopted a much larger risk exposure by selling longà ¢Ã¢â€š ¬Ã‚ term options with extremely high risk profiles to raise the premiums to cover the cost of closing out the lossà ¢Ã¢â€š ¬Ã‚ making option contracts (Exhibit 1). So in effect, CAO coveredà ¢Ã¢â€š ¬Ã‚ up the losses that were realized when closing out the lossà ¢Ã¢â€š ¬Ã‚ making nearà ¢Ã¢â€š ¬Ã‚ dated options. Exhibit 1 It was unclear why the companys directors did not question or object to this contravention of regulations. The Audit Committee did not carry out its function of identifying and monitoring the financial risks involved in options trading, and investigating whether the risk management framework and safeguards were sufficient for dealing with the business. Follow-up Development Restructuring outcome: In response to the investigation results by PwC, CAO indicated in a press statement that it intended to form a committee to study the results and to recommend the company on specific remedial or disciplinary improvements. It also expressed the willingness to be more honest on past events and to move forward with the debt and equity restructuring exercise in a positive manner. The company then called for a creditor meeting to approve its latest debt restructuring plan on June 8. As far as I am concerned, with the resources of the parent company, both from the aspects of finance and entrepreneurship, the support from Chinese government, and the establishment of a strict risk management framework, CAO can still gain back confidence from stakeholders, which may need time and effort. Conclusion Improper application of accounting principles, lack of oversight, inadequate knowledge of market and ineffective risk management systems for the speculative options deal were the major contributing factors towards CAOs failure. We should learn a lesson from the case as factors are similar and equally applicable to different business contexts so it is important to avoid certain mistakes. References Li, S., Nadeem, M. (2010). Risk Management and Internal Control: A case study of China Aviation Oil Corporation Ltd. Farhan. (2016, April 10). China Aviation Oil (Singapore) Corporation Limiteds Jet Fuel Scandal (2005) Casestudy. Retrieved January 15, 2017, from https://financetrainingcourse.com/education/2014/04/china-aviation-oil-singapore-corporation-limiteds-jet-fuel-scandal-2005-casestudy/ Yeo, A. (2014). China Aviation(Singapore) Limited- Sliding down a Slippery Slope: The $550m Derivative Trading Loss on November 2004.

Evaluation Essay -- Essays Papers

Evaluation I believe that my writing has grown a lot with in this first semester of college. I was the type of person in college that would write a paper, and not review it, and still turn it in. I would usually receive good grades, but that was on the high school level. Those types of under-developed papers do not receive good grades in college. On a paper that I may have turned in to one of my high school teachers would have got me a B, yet if I turn around and use that same paper now, I would receive no more than a D. That is what I believe should happen at this level in the game. You as an individual must recognize your own mistakes, and correct them on your own. In high school many of my teacher’s would grade a paper, return it with marks on which we should impro...

Misconceive?o By John Leo :: essays research papers fc

Misconceive’o by John Leo John Leo is a columnist and contributing editor that has been writing for U.S. News & World Report since 1988. Prior to that he worked for Time magazine and The New York Times covering topics such as social sciences and popular culture. The thesis of John Leo’s latest U.S. News & World Report article, â€Å"Fu Manchu on Naboo,† does not leave the reader any room to guess what his discussion is going to be about. He drives the point home from the beginning of the article. The central idea is very direct and easy to locate. It appears at the end of the first paragraph and simply states â€Å"Episode I: The Phantom Menace is packed with awful stereotypes.† Mr. Leo wrote this piece not only for informative purposes, but also to convince a particular audience that, whether intentional or not, characters have taken on harmful images some may find offensive. He is not speaking only to his fairly educated, loyal readers, but also to those who may have taken part in producing the movie. Mr. Leo makes visible to his readers what he believes to be stereotypes in the film. People may not have noticed these before, so he makes clear definitions and comparisons. To the rest of the audience, those who had a hand in making the movie, he makes a plea not to redevelop these characters in future films. Mr. Leo uses several analogies and examples in his presentation, and they are all tied to his thesis. He points out some images that strikingly resemble stereotypes that are commonly found in society today. He uses movie characters from Star Wars, such as Watto to support his claim. Mr. Leo finds that â€Å"Watto, the fat, greedy junk dealer with wings, is a conventional, crooked Middle Eastern merchant.† He goes on with other character references as evidence: Jar-Jar Binks as the inferior black, the Neimidians as sinister Asians. One of the problems with this argument is that not everyone in society identifies with these stereotypes. If the audience does not find the characteristics to be true they could shut off thought, thereby defeating his purpose for writing the article. There are no statistics presented in this article. The lack of statistics or other evidence, such as results of surveys, could lead Mr. Leo’s audience to believe that these are his own perceptions. In the seventh paragraph, Leo makes references to Catholics, Asians, Republicans, and Africans.

Can Computers replace Teachers?…No Essay

I don’t believe it can be true! I will now justify my reasons. Teacher is the best guide of a child.One machine can do the work of 50 ordinary men. But no machine can do the work of one extra-ordinary man.and teachers are extraordinary It would be easier for a computer to build informative children but to repair a broken one a teacher is needed.. These days there is an onslaught of technology on the modern classroom. Teachers, administrators, parents, and students alike are being told that technology is the whetstone with which we can all sharpen our education system. Technology can open doors, expand minds, and change the world. That may be true, but it’s not the panacea that it’s been made out to be. As much innovation as the iPad may bring to the classroom, it’s not going to replace a teacher anytime soon. In fact, the influx of technology like iPads means there is a greater need for teachers. We need teachers who are part early adopter, part integrator , and part mad scientist. The modern teacher is willing to take chances and able to figure out just not how technology works, but how it works for each student, and where its use is most appropriate.A computer can never do all these. I too believe that personalized tech-infused learning is the future of education. However, There is a problem.It’s not about the technology. Rather, the sleek and ever more powerful devices that are coming down the pipeline are simply one part of a teacher’s toolkit. The technology is not the lesson, it is there to enhance the lesson. Our classrooms are changing, and without a doubt they will look quite different in five or ten years than they do today. New technologies are being developed quickly, and with so many different trends taking hold, it is yet to be seen what will be shaken out and what will stick. BUT One thing we feel strongly about: teachers aren’t going anywhere. Whatever word you choose – teacher, tutor, preceptor, or something else – the role a teacher plays in the classroom is huge. Everyone knows this on a personal level, and can identify a teacher or mentor who has had influence on us or changed our trajectories in a positive way. They encourage students when they struggle, and inspire them to set and reach for their goals. They are role models, leading by example and giving direction when necessary. A computer can give information, but a teacher can lend a hand, or an ear, and discern what’s necessary for a student to succeed, and to want to succeed. A computer is also unable to meet the emotional needs of the students. While  teache can relate to their her students by their past experience as they too are humans. Teacher can solve a child’s problem but of course computer can’t solve a child’s problem. A computer cannot keep order in a classroom so what would keep the students behaving? They would only misbehave more when someone isn’t there to tell them that what they are doing is wrong! So yes, technology is going to play a critical role in the future of education. But not as big a role as that of a teacher.