Monday, May 25, 2020

How To Make Thymolphthalein Indicator

These are instructions for making 100 mL of thymolphthalein pH indicator solution. Thymolphthalein Materials 0.04 g thymolphthalein95% ethanoldistilled water Procedure Dissolve 0.04 g thymolphthalein in 50 mL of 95% ethanol.Dilute this solution to 100 mL with distilled water. Thymolphthalein Projects Make Disappearing InkMake Colored Soap BubblesPatriotic Colors Electrolysis Demo

Thursday, May 14, 2020

Understanding Traits and How They Are Determined

Have you ever wondered why your eyes are just like your mothers? Or why your hair color is similar to your grandfathers? Or why you and your siblings share features? These physical characteristics are known as traits; they are inherited from parents and expressed externally. Key Takeaways: Traits Traits are inherited characteristics from our parents that are expressed externally in our phenotype.For any given trait, one gene variation (allele) is received from the father and one from the mother.The expression of these alleles determines the phenotype, whether dominant or recessive. In biology and genetics, this external expression (or physical characteristics) is called a phenotype. The phenotype is what is visible, while the genotype is the underlying gene combination in our DNA that actually determines what is expressed physically in the phenotype. How Are Traits Determined? Traits are determined by an individuals genotype, the summation of the genes in our DNA. A gene is a portion of a chromosome. A chromosome is composed of DNA and contains the genetic material for an organism. Humans have twenty-three pairs of chromosomes. Twenty-two of the pairs are called autosomes. Autosomes are typically very similar in males and females. The last pair, the twenty-third pair, is the sex chromosome set. Those are very different in males and females. A female has two X chromosomes, while a male has one X and one Y chromosome. How Are Traits Inherited? How are traits passed from one generation to the next? This happens when gametes unite. When an egg is fertilized by a sperm, for each chromosome pair, we receive one chromosome from our father and one from our mother. For a particular trait, we receive what is known as an allele from our father and one allele from our mother. An allele is a different form of a gene. When a given gene controls a characteristic that is expressed in the phenotype, the different forms of a gene show as the different characteristics that are observed in the phenotype. In simple genetics, alleles can be homozygous or heterozygous. Homozygous refers to having two copies of the same allele, while heterozygous refers to having different alleles. Dominant Traits vs. Recessive Traits When alleles are expressed via simple dominant versus recessive traits, the specific alleles inherited determine how the phenotype is expressed. When an individual has two dominant alleles, the phenotype is the dominant trait. Likewise, when an individual has one dominant allele and one recessive allele, the phenotype is still the dominant trait. While dominant and recessive traits may seem straightforward, note that not all traits have this simple inheritance pattern. Other types of genetic inheritance patterns include incomplete dominance, co-dominance, and polygenic inheritance. Due to the complexity of how genes are inherited, specific patterns can be somewhat unpredictable. How Do Recessive Traits Occur? When an individual has two recessive alleles, the phenotype is the recessive trait. For example, lets suppose that there are two versions of a gene, or alleles, that determine whether or not a person can roll their tongue. One allele, the dominant one, is symbolized by a big T. The other allele, the recessive one, is symbolized by a little t. Lets suppose two tongue rollers get married, each of whom is heterozygous (has two different alleles)for the trait. This would be represented as (Tt) for each.   Traits are inherited characteristics that are expressed externally in our phenotype. Copyright Evelyn Bailey When a person inherits one (t) from the father and then one (t) from the mother, the recessive alleles (tt) are inherited and the person can not roll their tongue. As can be seen in the Punnett square above, this would happen approximately twenty-five percent of the time. (Note that this tongue rolling is just for the sake of providing an example of recessive inheritance. Current thinking around tongue rolling indicates the involvement of more than just a single gene, and is not as simple as was once thought). Other Examples of Weird Inherited Traits A longer second toe and attached earlobes are often cited as examples of a weird trait that follows the two dominant/recessive alleles forms of one gene inheritance. Again, however, evidence suggests that both attached earlobe and longer second toe inheritance are quite complex. Sources â€Å"Attached Earlobe: The Myth.†Ã‚  Myths of Human Genetics, udel.edu/~mcdonald/mythearlobe.html.â€Å"Observable Human Characteristics.†Ã‚  Nutrition the Epigenome, learn.genetics.utah.edu/content/basics/observable/.

Wednesday, May 6, 2020

Customer Experience An Organizations Most Valued Assets

Customer experience is the internal and subjective response customers have to any direct or indirect contact with a company (Meyer and Schwager,2007). Gentile et al. (2007) state that: â€Å"The customer experience originates from a set of interactions between a customer and a product, a company, or part of its organization, which provoke a reaction. This experience is strictly personal and implies the customer’s involvement at different levels (rational, emotional, sensorial, physical, and spiritual)†. Customer satisfaction is actually the outcome of a series of customer experiences (Meyer and Schwager, 2007). Customer satisfaction are mostly defined and studied as experiences that exceed customer expectation (Heskett, Sasser, and Schlesinger 1997),which can be regarded as excellent customer experience. 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Tuesday, May 5, 2020

Infection Control Procedures

Question: Discuss about the Infection Control Procedures. Answer: Introduction This assignment aims to discuss all the aspects of infection control procedures in the dental clinic for preventing and avoiding contamination of patients as well as the dental clinic staff with microorganism that may cause diseases. The pathogens such as bacteria, viruses and prions cause infections and different forms of diseases that are deadly in nature such as typhoid, diphtheria and pneumonia. In a dental clinic, the most prevalent type of infections that may occur includes blood born infections and infections occurring from the saliva of the patient. A discussion regarding the procedures of controlling infection, room decontamination and the different will be discussed. In addition, it will also discuss the importance of cross infection of microorganisms in the dental office along with the procedures that are involved in the prevention of contamination procedures of sterilization between the patients and the dental professionals. Infection control involves the procedures that are employed in the healthcare setting for controlling the spreading of infections. It is necessary for all the healthcare professionals to be alert regarding the area in which they work and the type of infections and diseases they may encounter on regular basis. The dental healthcare professionals should have an awareness regarding all the potential factors of risk in their working environment particularly when they have a contact with the patients. The aspects of prevention and control are important for the safety of the patients as well as the staff of the dental clinic. It deals with the procedures that can be employed for controlling the spread of blood-borne diseases and their process of emerging. The professionals of dental care have an obligation for maintaining the standards of practice and follow the procedures for controlling the spread of infections. In a dental clinic, the dentists should have knowledge for maintain the cons istency of their profession and safeguard the health of their patients (Darby and Walsh 2014). Infection Control Procedures in the Dental clinic Hand Hygiene for dental staff In a dental clinic, maintaining hand hygiene is the initial and most important step before beginning the work. It controls the spreading of pathogens and is mandatory in all the healthcare clinics. According to the Center for Disease Control and Infection, effective hand washing is a vital measure to prevent the spreading of pathogens (Wright et al. 2013). In addition, the drying of hands after washing is also an essential part of the procedure of hand washing. Dentists have an obligation to wash their hands before as well as after coming in contact with the tools, equipments and gloves while dealing with the patients. They must wash their hands properly in order to control the spreading of infections. For drying the hands paper towels can be used as it reduces the number of bacteria that are present on the hands and exhibit no significant spreading of microorganisms. According to khan et al. (2012), Jet air dryers can be used, which has the capability to blow the microorganisms from the hands up to two meters away. In addition, a warm air hand dryer can be used which can blow the microorganisms up to 0.5 meters away effectively (Mutters et al. 2014). Sterilization in dental Clinic Sterilization is a method for killing and destroying the microorganisms particularly the spores of bacteria that are most difficult to destroy as they are resistant in nature (Arrow 2015). In dentistry, it is necessary to have an understanding regarding the concept of sterilization as well as disinfection. In the procedure of sterilization, the killing of almost all the microorganisms but in the method of disinfection the killing of microorganisms involves chemical and physical means. It is usually employed for killing the pathogens present on the inanimate objects or surfaces (Nejatidanesh et al. 2013). It does not ensure the level of safety, which is attained in the method of sterilization. Therefore, all the equipments and tools should be sterilized on a regular basis before starting the work. In addition the surfaces should be cleaned with disinfectants and all the materials that have been contaminated must be discarded. There are three most commonly used sterilization methods us ed namely, sterilization by dry heat, sterilization by steam under pressure, also known as autoclaving and sterilization by unsaturated chemical vapor (Khanghahi et al. 2013). In the dental clinics, the instruments that are tolerant to heat should be sterilized by employing the above three methods but one thing should be kept in mind that the compatibility of the instruments should be checked against heat-tolerance. For instance, a few of the instruments may be tolerant with autoclaving but it may not have resistance against dry heat. Therefore, it is essential to know regarding the characteristics of the three discussed methods together with the capability of the instruments of the dental clinic that are meant to be sterilized (Ayatollahi et al. 2012). The instruments can be sterilized by the following: Autoclaving or steam under pressure- Autoclaving is the most widely used method for sterling those types of instruments, which can tolerate heat as well as moisture. Sterilization by means of steam always needs the exposure of the instruments by keeping them with a direct contact with steam usually at a specific temperature and pressure for a required time for killing a d destroying the microorganisms. Autoclaves are available in different ranges from a small tableside model to a large sized (Laheij et al. 2012). Unsaturated chemical vapor-It involves a similar operating principle like that of the autoclaves but with some significant differences. Like, instead of using the distilled water, the procedure involves heating with a pre-mixed solution. This mixture consists of water and a minimum percentage of formaldehyde, which is 0.23%. Besides that, the temperature and pressure for sterilizing are comparatively higher in comparison to sterilization by autoclaving (Khan et al. 2012). Dry heat- One of the key advantages of this method is that it is cheap. It requires a high temperature and is an extended procedure. Before sterilizing the instruments by this method, it is necessary to dry the instruments. Several dentists have a preference to use dry heat sterilizers in the clinic rather than autoclaving due to the reason that numerous sharp cuttings edges are utilized. Before using, the dry heat sterilizers, the instruction manual should always be checked (Mustafa et al. 2015). The concept of all the sterilization methods along with their procedures is necessary all staff of the dental clinic and in case if they are not familiar with these methods of sterilization, then training and guidance should be provided to them for preventing errors. In addition, the monitoring of sterilization should be carried out on a regular basis by using the biological, chemical and mechanical methods. The monitoring of sterilization can act as a best way for evaluating the conditions of sterilizations together with the effectiveness of the procedures that are carried out for sterilization (Nejatidanesh et al. 2013). Personal Protective Equipment (PPE) Personal protective equipment involves the physical barriers between the healthcare personnel and the potential infectious substance. It helps in preventing and protecting the health care personnel against the materials that are potentially infectious in nature (Haridi et al. 2016). For dental health professionals, the various components of PPE comprise facemasks, show covers, gowns, goggles and gloves. The procedure of using these components should always be determined by the protocols for controlling infection or according to the regulation of the countries. Generally, these equipments are discarded for avoiding the risk of transmitting infections from one patient to the other. PPE is concerned with the prevention of contact with the materials, which are potentially infectious. It creates a physical barrier between the healthcare personnel and the materials that are potentially infectious. According to the Occupational Safety and Health Administration (OSHA), the healthcare personn el for preventing blood-borne infections require PPE. Therefore, the dental staffs should oblige with PPE in their course of work (Oosthuysen, Potgieter and Fossey 2014). Vaccination of the dental staff For ensuring the measures of protection, the dentists need to have vaccination against diseases like hepatitis and diphtheria (Mutters et al. 2014). They dental staff may be exposed to infectious pathogens in the dental clinic. Therefore, they need to receive vaccinations against a number of infectious diseases such as diphtheria, influenza, hepatitis B, rubella and mumps. According to an epidemiological data, the dental staffs are exposed to a number of biological risks in the course of their work and this may result in infections and serious health damage. The practice of vaccination is one of the key tools to prevent the attack of infectious diseases (Bensel et al. 2013). Room decontamination of dental clinic Room decontamination involves the method of categorization of waste in the dental clinic as it helps in avoiding the spreading of microorganisms within as well as out of the dental clinic (Khanghahi et al. 2013). The key requirement of room decontamination is related with the separation of uncontaminated activities with the contaminated ones to minimize the risk of contamination of products, which are sterile. Wastes have been categorized into three types, namely clinical waste, surgical waste and general waste. Clinical wastes have microbes and should be stored in a bin. Surgical waste includes scalpels, needles, endodontic files, broken glass, dental burs and reamers that should be stored in the sharp waste container and should be discarded later on. The general waste can be stored in the general storage bin. It is essential to clean and disinfect the working area at the beginning of the say to the end of the day. All the dental equipments, trays, and the dental chair should be cle aned and disinfected on a daily basis. The dental staff can utilize antiseptic solutions as well as personal protective equipment for ensuring and effective procedure of room decontamination (Haridi et al. 2016). Importance of Cross infection of microorganisms in the dental office In cross contamination, the harmful microorganisms such as viruses and bacteria are transferred from one individual to the other. It can result in severe health complications of the dental staff as well as the patients (Khanghahi et al. 2013). Cross infections depend on the infection source and the body part, which gets affected. In a dental clinic, the transmitting of microorganisms may occur through physical contact, contaminated surgical equipments, sneezing and coughing. This risk of cross infection is more while carrying out medical procedures. It can occur within the body and can spread to the other parts of the body. The most common method for preventing cross infection can be done through aseptic techniques (Hedayati, Marjadi and Askarian 2014). Prevention of contamination between patient and the dental professionals In a dental clinic, the following steps are important in the prevention of contamination between patient and the dental professionals: The dental staff should practice aseptic techniques carefully as it helps in minimizing the the spreading of infections associated with saliva and blood. The instruments of the dental clinic should be organized properly. The dental staff should perform sterilization and disinfection on a daily basis. They should minimize the possible contamination resulting from the dental equipments They should carefully discard the contaminated waste, so that the patients and the dental professionals should not be infected from the pathogens present in the contaminated waste materials. The dental staff must remain healthy and they should be trained in a better to practice the methods for preventing contamination. They must follow the National and local guidelines and must adhere to them for prevent contamination (Webb,Whittle and Schwarz 2015). Conclusion To sum up, all the discussed aspects of infection control procedures in the dental clinic are essential for preventing and avoiding the contamination of patients as well as the staff of the dental clinic with the microorganisms that can cause a number of diseases. The dental professionals must always try to carry out the procedures of infection control for preventing infections and improving the health of the patients who visits the dental clinics. They should always keep one thing in their mind that every patient may be carrier of an infectious pathogen and it can be transmitted to the dental professional and the other patients through contaminated materials and prosthesis. Hence, it is necessary to sterilize and disinfect them before using. On an overall basis, wearing personal protective equipment, room decontamination, sterilization, hand hygiene and vaccination are the most important priorities of the dental prosthetists for minimizing the transmission of microorganisms and prot ecting the patients as well as themselves effectively. References Arrow, P., 2015. Oral health of school children in Western Australia.Australian dental journal. Ayatollahi, J., Ayatollahi, F., Mellat Ardekani, A., Bahrololoomi, R., Ayatollahi, J., Ayatollahi, A. and Owlia, M.B., 2012. Occupational hazards to dental staff.Dental research journal,9(1). Bensel, T., Pollak, R., Stimmelmayr, M. and Hey, J., 2013. Disinfection effect of dental impression tray adhesives.Clinical oral investigations,17(2), pp.497-502. Darby, M.L. and Walsh, M., 2014.Dental hygiene: theory and practice. Elsevier Health Sciences. Haridi, H.K., Al-Ammar, A.S. and Al-Mansour, M.I., 2016. Compliance with infection control standard precautions guidelines: a survey among dental healthcare workers in Hail Region, Saudi Arabia.Journal of Infection Prevention, p.1757177416645344. Hedayati, H., Marjadi, B. and Askarian, M., 2014. Barriers to standard precautions adherence in a dental school in Iran: A qualitative study.American journal of infection control,42(7), pp.750-754. Khan, A.A., Javed, O., Khan, M., Mehboob, B. and Baig, S., 2012. Cross infection control.Pakistan Oral Dental Journal,32(1). Khanghahi, B.M., Jamali, Z., Azar, F.P., Behzad, M.N. and Azami-Aghdash, S., 2013. Knowledge, attitude, practice, and status of infection control among Iranian dentists and dental students: a systematic review.Journal of dental research, dental clinics, dental prospects,7(2), p.55. Laheij, A.M.G.A., Kistler, J.O., Belibasakis, G.N., Vlimaa, H. and De Soet, J.J., 2012. Healthcare-associated viral and bacterial infections in dentistry.Journal of oral microbiology,4. Mustafa, E.A., Humam, A.K. and Al-Mosuli, T.A., 2015. Evaluation of Dental Assistant Awareness Concerning Infection Control Policy of Blood Borne Diseases.Journal of International Dental and Medical Research,8(1), p.21. Mutters, N.T., Hgele, U., Hagenfeld, D., Hellwig, E. and Frank, U., 2014. Compliance with infection control practices in an university hospital dental clinic.GMS Hygiene Infection Control,9(3). Nejatidanesh, F., Khosravi, Z., Goroohi, H., Badrian, H. and Savabi, O., 2013. Risk of contamination of different areas of dentist's face during dental practices.International journal of preventive medicine,4(5). Oosthuysen, J., Potgieter, E. and Fossey, A., 2014. Compliance with infection prevention and control in oral healthà ¢Ã¢â€š ¬Ã‚ care facilities: a global perspective.International dental journal,64(6), pp.297-311. Webb, B.C., Whittle, T. and Schwarz, E., 2015. Oral health and dental care in aged care facilities in New South Wales, Australia. Part 3 concordance between residents' perceptions and a professional dental examination.Gerodontology. Willis, E., Reynolds, L. and Keleher, H. eds., 2016.Understanding the Australian health care system. Elsevier Health Sciences. Wright, J.T., Graham, F., Hayes, C., Ismail, A.I., Noraian, K.W., Weyant, R.J., Tracy, S.L., Hanson, N.B. and Frantsve-Hawley, J., 2013. A systematic review of oral health outcomes produced by dental teams incorporating midlevel providers.The Journal of the American Dental Association,144(1), pp.75-91.

Saturday, April 11, 2020

Beowulf Research Paper Essays

Beowulf Research Paper Essays Beowulf Research Paper Essay Beowulf Research Paper Essay Essay Topic: Beowulf Im doing my three page research paper over Beowulf, the story of a warrior from ancient times when monsters, goblins, and demons still plagued the Earth that we live on still today. Beowulf was a tall tale told for many, years to children before they fell asleep at night. Its a story that has been around from 720-796 a. d. And hasnt gotten old yet, because it inspires people and tells people what real hero’ s are capable of and what theyre made of and the limits they can surpass all on their own will and strength. Beowulf isnt just a play, a movie, or a video game. ts also a poem that is considered to be the longest and most amazing poems in existence in Old English. It has been taken care of in the Cotton Vitellius A XV manuscript, in the British Museum, which was written around 1000 years ago scientists do believe. Scientists have not found a literary source for the amazing story of Beowulf. Many of the characters in Beowulf belong to the Germanic tradition of storytelling t hat has been shared throughout the years. The story of Beowulf, however, goes something along the lines of this.. Beowulf begins with a history of the great Danish King Scyld. King Hrothgar, Scyld’s great-grandson, is well loved by his people and successful in war. He builds a lavish hall, called Heorot, to house his vast army, and when the hall is finished, the Danish warriors gather under its roof to celebrate. Now Grendel is a monster who lives at the bottom of a nearby swamp, and is provoked by the singing and celebrating of Hrothgars friends, family, and followers. He appears at the hall late one night and kills many of the warriors in their sleep. For the next twelve years, the fear of Grendels fury and anger casts a shadow over the lives of the Hrothgar and his followers. Hrothgar and his followers cannot think of anything to calm the Grendels anger. Prince of the Geats, Beowulf, hears about Hrothgars trouble with the monster Grendel, puts together a band of warriors of the bravest Geat warriors he could find, and sets sail from his home in southern Sweden. The Geats are greeted by the members of Hrothgars court, and Beowulf boasts to the king of his previous battles won as a warrior, especially his success in fighting the monsters that once lived in the sea.. well until he killed them anyways. Hrothgar welcomes the arrival of all of the Geat warriors, hoping that Beowulf and his warrior friends will live up to the expectations that Hrothgar has for them. Because little did Beowulf know what he was up against this time around. On the same night that Beowulf and his warriors came, Grendel came in the pitch black of night and attacked! Beowulf, being the amazing and strong warrior that he is, bare handedly wrestled Grendel for his life and in the end Beowulf tore off Grendels arm and claimed it as a trophy of his glorious battle with Grendel. The wounded monster, knowing that it was time to retreat, hurried back to his watery hell of a swamp. As Hrothgar promised, for Beowulfs courage, bravery, and honor, Hrothgar gave Beowulf a great amount of treasure for his trouble and kindness. Little did Beowulf and his warriors know though that Grendel had a mother, and she was coming back with revenge. Grendels mother comes at night when all is quiet and all the warriors are sleeping, and she takes away with her one of Hrothgars followers in the dead of night. She also takes with her, her son’s claw that Beowulf had claimed from Grendel as a trophy. Beowulf, being the hero of this whole story, goes to track down this fierce beast. So Beowulf goes down deeper and deeper into the watery hell where Grendel once lived and his mother still lives, and he comes upon Grendels mother. Thank goodness that before Beowulf had lept into the sea his warrior friend gave him his sword, and he called it Hurnting. Once Beowulf found the mother the fighting began, after a horrible, epic battle Beowulf won, stabbing Grendels mother through the chest with a magical sward he had found on the wall, (blessed with strong magic from Giants, so huge and massive that no ordinary man could pick it up and hold it). Then, for good measure, Beowulf walks towards Grendels body and with his sward thats blessed with Giant magic, slices off Grendels head. After the fierce battle that he had won, Beowulf had to say goodbye to Hrothgar, but he goes home and tells his father of the great, epic journey he had taken. After the battle he had won Hrothgar had also presented Beowulf with more treasure than he has ever imagined. Beowulf had also told the Geats that if they are ever in rouble again or just need his help, that he will be there once again when they need him to be. That is the end of the first part of the story of Beowulf, the second part is about Beowulf when hes already been the king of the Geats for about 50 years and a guy steals a jewelled cup from a dragon and the dragon gets really mad and starts burning down everything in its path until it finds its cup. Then Beowulf becomes the hero once again and defeats the dragon. Though after the battle with the dragon, Beowulf dies and in his honor his best friend builds a tower for him and calls it â€Å"Beowulfs Tower†. Sites: beowulfepic. com/ http://csis. pace. edu/grendel/projf981e/story. html

Tuesday, March 10, 2020

Laissez-faire Versus Government Intervention

Laissez-faire Versus Government Intervention Historically, the U.S. government policy toward business was summed up by the French term laissez-faire leave it alone. The concept came from the economic theories of Adam Smith, the 18th-century Scot whose writings greatly influenced the growth of American capitalism. Smith believed that private interests should have a free rein. As long as markets were free and competitive, he said, the actions of private individuals, motivated by self-interest, would work together for the greater good of society. Smith did favor some forms of government intervention, mainly to establish the ground rules for free enterprise. But it was his advocacy of laissez-faire practices that earned him favor in America, a country built on faith in the individual and distrust of authority. Laissez-faire practices have not prevented private interests from turning to the government for help on numerous occasions, however. Railroad companies accepted grants of land and public subsidies in the 19th century. Industries facing strong competition from abroad have long appealed for protections through trade policy. American agriculture, almost totally in private hands, has benefited from government assistance. Many other industries also have sought and received aid ranging from tax breaks to outright subsidies from the government. Government regulation of private industry can be divided into two categories economic regulation and social regulation. Economic regulation seeks, primarily, to control prices. Designed in theory to protect consumers and certain companies (usually small businesses) from more powerful companies, it often is justified on the grounds that fully competitive market conditions do not exist and therefore cannot provide such protections themselves. In many cases, however, economic regulations were developed to protect companies from what they described as destructive competition with each other. Social regulation, on the other hand, promotes objectives that are not economic such as safer workplaces or a cleaner environment. Social regulations seek to discourage or prohibit harmful corporate behavior or to encourage behavior deemed socially desirable. The government controls smokestack emissions from factories, for instance, and it provides tax breaks to companies that offer their employees health and retirement benefits that meet certain standards. American history has seen the pendulum swing repeatedly between laissez-faire principles and demands for government regulation of both types. For the last 25 years, liberals and conservatives alike have sought to reduce or eliminate some categories of economic regulation, agreeing that the regulations wrongly protected companies from competition at the expense of consumers. Political leaders have had much sharper differences over social regulation, however. Liberals have been much more likely to favor government intervention that promotes a variety of non-economic objectives, while conservatives have been more likely to see it as an intrusion that makes businesses less competitive and less efficient. - Next Article: Growth of Government Intervention in the Economy This article is adapted from the book Outline of the U.S. Economy by Conte and Carr and has been adapted with permission from the U.S. Department of State.

Saturday, February 22, 2020

Globalization Assignment Example | Topics and Well Written Essays - 500 words - 3

Globalization - Assignment Example The purpose of this paper is to describe the advantages and disadvantages of the globalization movement. The globalization movement has brought had a positive impact on society. It has tremendously increased the trade to goods and services worldwide. One of the nations that has benefited the most from globalization is China. China is the biggest exporter of goods worldwide. China’s exports totaled $2.057 trillion in 2012 (Mapsofworld, 2014). The prices of goods have dropped down due to globalization. The globalization movement has forced countries to specialize in certain goods in which a nation holds a competitive advantage. For example Japan specializes in technological products, while other nations such as India and China specialize in labor intensive industries such as the textile industry in which companies take advantage of the low labor costs associated with doing business in these nations. Globalization has also had a positive effect on the humanitarian efforts of society. A lot more money is been invested in developing countries such as Africa in order to help these peo ple increase their standard of living. Overall the standard of living of everyone around the world has increased as a direct consequence of globalization. National boundaries have been broken for international commerce due to the many trade agreements that exists around the world such as the NAFTA, European Union, and MERCOSUR. Countries that in the past did not have access to capital have benefited from foreign direct investment (FDI) and from the ability to raise capital through equity markets such as NYSE, NASDAQ, and the London Stock Exchange among others. Despite the many benefits that globalization has had on our society it also has many cons. Globalization has not helped decrease the income disparity in the world. The top 5% richest members of society hold 70% of the global