Relativistic Doppler Effect and the Misunderstandings of...

The present paper discusses the relativistic Doppler effect and tries to found misunderstandings in the present state of the Special theory of relativity. The authors conclusion that he found some â€Å"blue shift† which contradicts with time dilation is wrong. The weakest feature of the paper is that although the formulas, presented by authors, are in general correct, but they do not support the conclusions the author extract from them, and mistake is hidden in the interpretation. Lets focus on the plane waves. In general, the transverse Doppler effect, as it is studied in the available literature, means that an observer (lets call him the 1st observer), that receive an electromagnetic wave from a distant source, moving relative to the†¦show more content†¦In case of author considerations, they are measured by different observers, situated at different reference frames. If one wants to use 2nd observer to find the Doppler effect, for 2nd observer, his ÃŽ ²=ÃŽ ²Ã¢â€šâ€š=0, and his ÃŽ ±=ÃŽ ±, formulas (1)-(2) will give ÃŽ ½=ÃŽ ½Ã¢â€šâ€š=ÃŽ ½. So there is no frequency shift for the 2nd observer. (as it should be for him, being in rest with the source). For the 1st observer, substituting the ÃŽ ² and ÃŽ ±=Ï€/2 will give correct result: ÃŽ ½=ÃŽ ½/ÃŽ ³, where ÃŽ ³=1/(sqrt(1-v ²/c ²)). One should not mix this two cases, as the author does. Lets look to the authors arguments, why one should use ÃŽ ±=Ï€/2 rather than ÃŽ ±=Ï€/2 to define transverse Doppler effect. The author calls ÃŽ ± as the proper angle and ÃŽ ± as apparent angle, in the analogy with the term proper length. This analogy seems to be not applicable. The proper length is the length of an item, measured in rest with this item. The term apparent length is for the length of an item, measured by another observer, moving relative to the item. For the angle between two items, it is not obvious, relative to what part of the system the observer should be in rest, in order to measure the angle to call the angle as proper angle. The authors idea, that using ÃŽ ±=Ï€/2 in order to compare with classical Doppler effect, also does not hold water, as in the classical theory

The Discovery Of The Great Gatsby By F. Scott Fitzgerald

She used this knowledge to scare her guard into keeping quiet about what she was doing. She threatened to turn him into a toad if he spoke of her creations, and it worked he never spoke a word to anyone. Eerie kept at it until her creations started to survive. She would hide her creations in a cave high above the castle. Until the day she crossed a mutant lizard one of her first survivors with a pterodactyl egg she had found covered with dirt in the depths of the cave. The pterodactyl was thought to be extinct, nevertheless, Eerie knew better and had kept secret the only known egg in existence. For reasons beyond her understanding the egg had lain dormant for countless centuries. Eerie had dug out a bed and covered the egg with straw to keep it warm. Eerie injecting egg with what she christened DNA DeoxyriboNucleic Acid, the substance she had identified as the blueprint of a cell, the building blocks of life. She had extracted the DNA from her mutant lizard she hoped to breathe life back into the egg. The day it hatched was the start of her freedom. The little flying lizard was born a female. Eerie loved her at first sight, and the feeling was mutual. Eerie named her Drago Queen. They played and trained together Eerie learned that her dragon could breathe fire, and as she grew stronger she could fly higher. As Drago became an adult she was able to carry Eerie on her back. One day while walking in the woods Drago keep pushing Eerie toward a region of the woods that sheShow MoreRelatedThe Discovery Of The Great Gatsby By F. Scott Fitzgerald1969 Words   |  8 Pages Surina often wondered what her place was in the world. It was a timeworn Cinderella problem where no solution quite fit. By focusing on alterity or otherness, the hidebound society on Earth made her feel as if she didn’t belong. Then, one summer night, she had a dream that she could not shake out of her mind the whole of the next day. Since she had stopped dreaming a long time ago, it was unusual for her to dream in the first place let alone about a comet. What’s more, she was riding on theRead MoreEssay about Corruption of the American Dream1127 Words   |  5 PagesAmerican Dream The Great Gatsby is a novel based off of the American dream, which is something that everyone strives for. The author of the book F. Scott Fitzgerald has his own American dream to become a well known writer, and to have the girl of his dreams, and throughout the novel this dream reflected in The Great Gatsby within in the characters Gatsby and Daisy. Fitzgerald had developed the character Gatsby by incorporating some of his own dreams. For example Gatsby has a forbidden love forRead MoreThroughout history, individuals from all over the world have been striving to come to America to600 Words   |  3 PagesAmerican Dream can have different meanings but overall climbing the social ladder of success was the main goal. I selected the book, The Great Gatsby by F. Scott Fitzgerald. The Great Gatsby exposes society in the 1920’s and demonstrates how a dream can be corrupted in an era of decayed social and moral values. The American Dream was originally about discovery, individu alism, and the pursuit of happiness but has transformed into a materialistic vision of wealth, power, and expensive things. In theRead MoreIllusion and Reality in The Great Gatsby Essay1548 Words   |  7 Pagesand Reality in The Great Gatsby  Ã‚  Ã‚     Ã‚   The Great Gatsby, by F. Scott Fitzgerald, is a novel about one mans disenchantment with the American dream. In the story we get a glimpse into the life of Jay Gatsby, a man who aspired to achieve a position among the American rich to win the heart of his true love, Daisy Fay. Gatsbys downfall was in the fact that he was unable to determine that concealed boundary between reality and illusion in his life.      The Great Gatsby is a tightly structuredRead MoreThe Great Gatsby By F. Scott Fitzgerald943 Words   |  4 PagesIn the Great Gatsby, F. Scott Fitzgerald shows that there is different types of love throughout the book. Using different characters to show how love works with certain people. The relationship between Daisy and Gatsby is what I am going to call the imaginary kind of love. He also shares that there is a unconditional/ Obsessed kind of love between George Wilson and Myrtle. Then last but not least the love of one s belongings, or the love of materialistic things. Using multiple different charactersRead MoreTheme Of Desire In The Great Gatsby1342 Words   |  6 PagesThe Great Gatsby is a well written novel by F. Scott Fitzgerald where a midwesterner named Nick Carraway gets lured into the lavish and elegant lifestyle of his enigmatic neighbor, Jay Gatsby. As the story unravels, Nick Carraway begins to see through Gatsbys suave facade, only to find a desperate, heartb roken and lonely man who just wanted to relive the past with his one and only desire. This sensational love story takes place during the well knownâ€Å"Roaring Twenties† in New York City. The genreRead MoreExamples Of The American Dream In The Great Gatsby1227 Words   |  5 PagesTrey Orosco Mrs. Russell IB English 17 November 2017 The Great Gatsby F. Scott Fitzgerald wrote The Great Gatsby as a satire on American ideals during the 1920s. He shows just how careless everyone is at the time by setting them up in the community of East and West Egg. 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The 1920s was a period of economic prosperity and glamor, but in time, the glitter of the era would be brushed away to expose the grime that lay just below the surface (Roaring). The people responsible for this great reveal were called Progressives. The Roaring Twenties cannot exist without Progressivism. An ideal example of the relationship between the Roaring Twenties and Progressivism is found in two novels, Upton Sinclair’s The Jungle and F. ScottRead MoreThe Great Gatsby By F. Scott Fitzgerald Essay983 Words   |  4 Pagesdisgraces committed in the process of becoming rich. F. Scott Fitzgerald, the author of The Great Gatsby portrays the general feeling of the 1920’s through complex characters such as Jay Gatsby, Tom and Daisy Buchanan, and Nick Carraway. Fitzgerald uses symbols such as the billboard, t he green light, and the valley of ashes to convey themes and propel the plot forward. T.J Eckleburg’s giant eyed billboard is an essential symbol in The Great Gatsby. 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3d Printers Free Essays

Rapid prototyping 3D printers 3D printing  is a form of  additive manufacturing  technology where a  three dimensional  object is created by laying down successive layers of material. 3D printers are generally faster, more affordable and easier to use than other additive manufacturing technologies. 3D printers offer product developers the ability to print parts and assemblies made of several materials with different mechanical and physical properties in a single build process. We will write a custom essay sample on 3d Printers or any similar topic only for you Order Now Advanced 3D printing technologies yield models that closely emulate the look, feel and functionality of product prototypes. A 3D printer works by taking a 3D computer file and using and making a series of cross-sectional slices. Each slice is then printed one on top of the other to create the 3D object. The cost of 3D printers has declined. The technology also finds use in the jewellery, footwear,  industrial design, architecture, engineering and construction (AEC), automotive, aerospace, dental and medical industries. A large number of competing technologies are available to do 3D printing. Their main differences are found in the way layers are built to create parts. Some methods use melting or softening material to produce the layers (SLS, FDM) where others lay liquid materials that are cured with different technologies. In the case of lamination systems, thin layers are cut to shape and joined together. Selective laser sintering  (SLS) Selective laser sintering  (SLS) is an additive manufacturing technique that uses a high power  laser  (for example, a  carbon dioxide laser) to fuse small particles of  plastic,  metal  (Direct Metal Laser Sintering),  ceramic, or  glass  powders into a mass that has a desired 3-dimensional shape. The laser selectively fuses powdered material by scanning cross-sections generated from a 3-D digital description of the part (for example from a  CAD  file or scan data) on the surface of a powder bed. After each cross-section is scanned, the powder bed is lowered by one layer thickness, a new layer of material is applied on top, and the process is repeated until the part is completed. Compared to other methods of additive manufacturing, SLS can produce parts from a relatively wide range of commercially available powder materials. These include  polymers  such as  nylon, (neat, glass-filled or with other fillers) or  polystyrene, metals including  steel,  titanium, alloy mixtures, and composites and  green sand. The physical process can be full  melting, partial melting, or liquid-phase  sintering. And, depending on the material, up to 100% density can be achieved with material properties comparable to those from conventional manufacturing methods. In many cases large numbers of parts can be packed within the powder bed, allowing very high productivity. SLS is performed by machines called SLS systems. SLS technology is in wide use around the world due to its ability to easily make very complex geometries directly from digital  CAD  data. While it began as a way to build  prototype  parts early in the design cycle, it is increasingly being used in  limited-run manufacturing  to produce end-use parts. One less expected and rapidly growing application of SLS is its use in art. [pic] The picture above is made using SLS and is a very intricate design which would be very difficult to imagine if it was only drawn on paper. Digital Light Processing (DLP) In  DLP, or Digital Light Processing, a vat of liquid polymer is exposed to light from a DLP projector under  safelight  conditions. The exposed liquid polymer hardens. The build plate then moves down in small increments and the liquid polymer is again exposed to light. The process repeats until the model is built. The liquid polymer is then drained from the vat, leaving the solid model. The  ZBuilder Ultrais an example of a DLP rapid prototyping system Laminated object manufacturing (LOM) Laminated object manufacturing  (LOM) is a  rapid prototyping  system developed by Helisys Inc. Cubic Technologies is now the successor organization of Helisys) In it, layers of adhesive-coated  paper,  plastic, or  metal  laminates are successively glued together and cut to shape with a knife or  laser cutter. The process is performed as follows: 1. Sheet is adhered to a substrate with a heated roller. 2. Laser traces desired dimensions of prototype. 3. Laser cross hatches non-part area to facilitate waste removal. 4. Platform with completed layer moves down out of the way. 5. Fresh sheet of material is rolled into position. 6. Platform moves up into position to receive next layer. 7. The process is repeated. Note: †¢ Low cost due to readily availability of raw material †¢ Paper moulds have wood like characteristics, and may be worked and finished accordingly †¢ Dimensional accuracy is slightly less than that of  Stereolithography  and  Selective laser sintering  but no milling step is necessary. †¢ Relatively large parts may be made, because no chemical reaction is necessary. [pic] The above picture shows how intricate objects con be made by LOM. Fused deposition modelling  (FDM) Fused deposition modelling  (FDM) is an additive manufacturing technology commonly used for modelling, prototyping, and production applications. FDM works on an â€Å"additive† principle by laying down material in layers. A plastic filament or metal wire is unwound from a coil and supplies material to an  extrusion  nozzle which can turn on and off the flow. The nozzle is heated to melt the material and can be moved in both horizontal and vertical directions by a numerically controlled mechanism, directly controlled by acomputer-aided manufacturing  (CAM) software package. The model or part is produced by extruding small beads of thermoplastic material to form layers as the material hardens immediately after extrusion from the nozzle. Several materials are available with different trade-offs between strength and temperature properties. As well as  acrylonitrile butadiene styrene  (ABS) polymer,  polycarbonates,  polycaprolactone,  polyphenylsulfones  and waxes, a â€Å"water-soluble† material can be used for making temporary supports while manufacturing is in progress, this soluble support material is quickly dissolved with specialized mechanical agitation equipment utilizing a precisely heated  sodium hydroxide  solution. [pic] In the picture above the support material is easy recognised and can be broken away easily. How to cite 3d Printers, Essay examples

Banking Procedure free essay sample

. A bank is a financial institution which deals with deposits and advances and other related services. It receives money from those who want to save in the form of deposits and it lend it to others. Functions of Commercial Bank Primary Function: The primary functions of bank are also knowns as banking functions . They are the main functions of a bank. Accepting Deposits   An persone can open an saving account by keeping a minimum deposit amount. Procedure Following documents to open a bank account: 1. Address proof . Identity proof 3. Photograph 4. Introducer For address and Id proof you can use your driving license or passport or ration card. Most banks expect you to bring a friend or relative who already has an account with the bank as a gesture of trust.   Any sane major person or a firm which can enter into contract can open an account with a bank. The following formalites are requires to be completed before a current or profit and loos sharing account is opened in a bank. First of all the person who is desirous of opening an account with the bank has to filling in the account opening form . The applicant writes his name, address, occupation and the amount to be deposited in the form. The applicant has to declare in the form that he shall comply with the bank rules. , which are in force from time to time the conduct of the discount. The prospective customer is to provide his introduction to the bank either from the old customer of the bank or from persn known to the bank. The introducer or reference verifies the integrity, character, honesty and goodwill of the intending customer on the application form. When the banker is satisfied about the integrity of the customer he then agrees to open his account. Visit the bank for opening account to make the deposit. If account is there it is easier to open the FD else we need address and indentity proof. So we have to fill the form for keeping deposit and pay the money to cashier. RD The bank will provide the form , we have to fill the form and pay the money at bank teller counter. Once done bank officals will give a small passbook for RD with days date and amount paid up. Every monthe we need to go to bank to pay the RD amount. Granting of Loan and Advances The bank advances loan to the business cimmunity and other members of th public. The bank loans and advances include Overdraft It is given to current account holders A certain amount is sanctioned as overdraft which can be withdrawn within a certain period of time say 3 months Interest is charged on actual amount withdrawn An overdraft facility is granted against a collateral security. The client is allowed cash credit upto a specific limit fixed in advance. It can be given to current account holders and to others who do not have a current account with the bank Separate cash credit account is maintained. Discounting of Bills of Exchange The bank can advance money by discounting or by purchasing bills of exchange both domestic and foreign bills, The bank pays the bill amount to the drawer of the bill by deducting usual ‘discount’ charges. Investments The bank invest a part of the deposit money in bonds, debentures and other securities. Investment is profitable areas brings good returns to the bank. Secondary Functions The bank acts performs a number of secondary functions, also called as non banking functions. The importance secondary functions are as follows. Agency functions The bank acts an agent of its customers. Transfer of funds : The bank transfers funds from one branch to another or from one place to another. Collection of Cheques: The bank collects the money of the cheques through clearing sections of its customers. The bank also collects money of the bills of exchange. Periodic payments; On standing instructions of the client, the bank makes periodic payments in respect of electricity bills, rent, etc Portfolio Management Large banks undertake to purchase and sell the shares and debentures on behalf of its clients and accordingly debits or credits the account. This facility is called portfolio management. Periodic Collections The bank collects salary pension, dividend and such other periodic collections on behalf of the client. Other Agency Functions It acts as trustees, executors, attorney and administrators on behalf of its clients. General Utility Functions Issue of Drafts, L. CS etc Bank issue drafts for transferring money from one place to another. It also issues letter of credit, especially in case of import trade. It also issues travellers cheques. Locker Facility : The bank provides a locker facility for the safe custody of valuable documents, gold ornaments, and other valuables. Underwriting of Shares: The bank underwriters shares and debentures through its merchant banking division. Dealing in Foreign Exchange: The commercial banks are allowed by RBI to deal in foreign exchange. Project Reports: The bank may also undertake to prepare project reports and feasibility studies on behalf of its clients. Capital Deposit Ratio: In some countries banking rules do not permit commercial banks from accepting primary deposits of more than a certain multiple of the paid up capital. This limitation is imposed for increasing the accountability of bankers and preventing misuse of funds. If the paid up capital is low, the deposits with the bank will be low, and therefore credit creation capacity will be low. Liquidity Preference of Public If the public do not want more money, banks can not create more money. Bank money is created only if there are borrowers. If the public preference is for non monetary assets, banks will remain as silent spectators Leakages If a cheque is not deposited immediately, a secondary deposit is not created. In India one can keep a cheque upto six months during which no money will be created. Similarly it takes many weeks and some times months for collection and realization of cheque due to poor interbank communication set up. This problem is now being solved by some banks due to introduction of core banking facilities. The amount of commission and collection charges levied by bank also represent leakages. Monetary Policy Monetary policy of the central bank imposes severe limitations on commercial banks. Banking Terms heckswritten orders to a bank to make payment against the depositors funds in that bank accounts receivablethe short-term debts owed to your company by the others, such as its customers endorsementa signature or instructions, stamped or written on the back of a check deposit slipa form used to record cash and checks to be added to a bank account lockboxa postal address maintained at the companys bank to collect payments accounts payablerefers to the short-term debts your company owes to others.

Political corruption free essay sample

Many political leaders, especially in Africa, are known to engage in financial malpractice involving public funds meant for the communities they represent. The few people who run the resources of a country end up abusing the resources. These resources that are supposed to be channeled to develop infrastructure or educate the citizens end up being misused, misapplied or misappropriated by those entrusted to bring development. For example in Zambia, Constituent Development Funds (CDF) have been diverted by Members of Parliament to their personal use. There is no doubt that financial malpractice by leaders is a stumbling block to meaningful development in any country. One would not expect leaders in a democratic society like Zambia to embezzle funds meant for the welfare and development of their communities. According to Acemoglu and Robinson, this kind of behaviour by leaders is only possible in autocratic regimes. They argue that democracy makes this kind of theft difficult to accomplish and to conceal for two reasons. We will write a custom essay sample on Political corruption or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Firstly, the formal institutions of government such as the legislature constrain the behaviour of leaders. Secondly, popular participation in the process of government ensures that elected leaders are accountable to the citizenry. In a truly democratic society, there will be honesty, fairness, responsibility and accountability to and for each other (Djokoto and Chama: 2006). However, in most democratic societies, especially in sub-Saharan Africa, leaders can misuse, misapply or misappropriate community funds without the affected citizens raising any serious queries against the culprits. The citizens seem to be indifferent to such occurrences. Their silence or indifference could be a result of either not caring about what goes on around them politically or just being unaware of such things happening. This essay will attempt to explain why citizens do not raise any serious queries against their leaders when they misuse, misapply or misappropriate funds meant for their communities. This essay will begin by defining democracy and give the meanings of the words misuse, misapply and misappropriate. It will then try to explain why the affected citizens do not query their leaders when they abuse community funds. Finally, it will conclude. Democracy is a word with many meanings. Sir Stafford Cripps defines democracy as a system of government in which every adult citizen is equally free to express his or her views and desires upon all subjects in whatever way he or she wishes and to influence the majority of his fellow citizens to decide according to those views and to influence those desires. H. B. Mayo defines a democratic political system as one in which public policies are made on a majority basis by representatives subject to effective popular control at periodic elections which are conducted on the principle of political equality and under conditions of political freedom (Mahajan 1988:794). Democracy is usually understood as majority rule and the holding of regular elections. But if it has to work effectively, it must include active participation by all citizens and a conscious awareness of both rights and responsibilities (Mbewe 2012:16-17). According to the Macmillan English Dictionary, the word misuse means to use something in a wrong way or for the wrong purpose. To misapply is to use something in a wrong or illegal way. Misappropriation means to take for oneself money that one is responsible for but does not belong to them. One of the primary challenges of some democratic societies such as Zambia is the lack of leaders who vie for political office with the goal of serving the people, instead of themselves. During election campaigns, aspiring leaders give false information to people. They promise them of things they fail to give them after elections. This has been the tradition in the Zambian politics. Once voted for, the leaders become part of the rich while the poor Zambians remain cut off. They will invite rich people to dine with him at their newly acquired mansions while the poor who are the majority voters remain poor if not poorer. To host rich people, these politicians will need to have huge sums of money. They also need money to afford their newly acquired status. These people will shun the services in the country; they will send their children to private schools, or to schools abroad. They will seek medical advice outside the country and they will buy their clothes from outside the country. With the above behaviour little or no attention will be paid to improving the services they will never access or to improve the conditions of those who voted for them. Since most of the politicians in poor democratic societies have financially humble backgrounds, where do they get such monies? Records show that it is easy to steal public money in most African countries. The Auditor-General’s report on the Zambian government accounts shows how public funds have been stolen in Zambia. Weaknesses in accounting and revenue collection make it easier for public servants to steal huge sums of public money. At times, the money is not stolen but just misapplied. For example, a forensic audit of Solwezi District Council books by the Office of the Auditor-General (OAG) for the financial year ending 31 December 2004 revealed glaring financial irregularities. The auditor’s report showed that the K168 million grant given to the municipal authority with instructions that 70 percent of the money be spent on social services went towards salaries, allowances for councilors and cell phones for chief officers. Only 25 percent of the money went towards social services (op cit Djokoto and Chama). An example of a case of misappropriation of public funds by a leader is one in which a former Defence Minister in the Chiluba administration was found guilty by the Lusaka High Court for using CDF for his campaign during the 2001 elections (ibid). The minister was never jailed but lost his ministerial appointment. Despite such rampant financial malpractices by leaders, the citizens who are deprived of the funds and other amenities fail to raise any serious queries against such leaders. In most cases, revelations about misuse or misappropriation of community funds have been largely driven by the private media. Sometimes, the greatest pressure on government leaders to be accountable for their actions has come from the international media and Western donors. Anti-corruption campaigners such as Transparency International (TI) and other interest groups have also been involved in the fight against abuse of public funds. Through their activism they try to amplify the weak voice of the poor citizens in keeping political leaders in check. However, this is not easy. The constant struggle by these interest groups to hold leaders accountable for their expenditure of public funds cannot be won without the greater involvement of the affected citizens (ibid). Unfortunately, citizens in these societies are just not angry enough. They seem not to care about what happens to the community funds meant to improve their livelihoods. Their indifference to financial malpractices by their leaders does not help the situations at all. As a matter of fact, it increases their already high levels of poverty and widens the gap between the rich and poor. To understand why affected citizens do not take any serious steps against their leaders when they embezzle public funds, there is need to understand the political awareness of the majority of citizens and their involvement in public issues, whether the political system gives a voice to the poor or not, and the way government agencies charged with the responsibility of handling such cases respond to citizens’ grievances. There are quite a number of reasons why citizens choose to keep quiet about the wrongs committed by their leaders. As we try to look at some of these reasons, there is need to understand that people have different levels of awareness with regard to what happens in their communities. There are those that are aware of the situation prevailing in their communities and those that are not. Those that are aware may try to voice their concerns through whatever means are available to them, but their voice will not be heard because it is not strong enough. The reason is that they are just a small minority of the affected citizenry. At times this is made worse by the fact that among this group there may be others who also benefit from the plunder of their community resources by way of receiving gifts or bribes from their community leaders. These will be unwilling to divulge any malpractice by their leaders because they fear losing their extra source of income, which is the bribes they receive to remain silent about the misuse, misappropriation or misapplication of community resources by the leaders. These may even try to protect such erring leaders by hiding whatever information they may know about such happenings to investigative agencies. The other group comprises those that are unaware or have just decided not to participate in such matters, and these are the majority. The majority of citizens are usually not well informed about public issues because of the general lack of information about such issues, especially about government spending policies. For example, in Zambia, there is no community involvement in the budgetary process at whatever level. At community level, there are no access points for ordinary citizens to participate in the budgetary process. The budgeting is done by officials and leaders. Participation of citizens in the budget process is inhibited by lack of access to information on both the national and community budget processes (http://info. worldbank. org/governance/wgi/index. asp). Although citizens may not play a direct role in the preparation process of the budget, they can contribute by fostering leaders’ accountability through positive engagement in monitoring of the implementation of the community projects. If the information about community projects being funded is readily available and understood by citizens, they can easily ask questions when planned projects are not implemented. Unfortunately, this does not happen even in some democratic societies. As a result, leaders continue to misuse, misapply or misappropriate community funds and get away with it because citizens are not aware of the malpractices being committed by their leaders. This can be prevented or lessened by availing citizens with all the necessary information pertaining to projects planned in their communities and how the allotted funds are to be used. Another reason why affected citizens fail to complain against the financial malpractices committed by leaders in their communities is the negative or unfavourable response by government agencies and investigative agencies charged with responsibility to deal with such cases. It appears that the government or political statements are, in most cases, not matched by action. For example, in 2005, a former Health Ministry permanent secretary was accused by the Task Force on Economic Plunder of misusing public funds. As he had openly voiced his support for the President, the latter ordered the chief prosecutor to drop the case. However, the prosecutor refused and ultimately managed to secure a conviction (http://www. freedomhouse. org/template. cfm? ). What this implies is that the citizens lose confidence in the ability of the responsible government agencies to ably handle their complaints without undue influence from higher offices. There have also been cases, for instance in Zambia, where the Director of Public Prosecutions (DPP) had given consent to prosecute some government officials but the government has interfered to protect the accused from being prosecuted. People accused of abusing public resources are allowed to remain members of the ruling party. Such inconsistencies erode the credibility of the government’s stance in fighting such vices and make citizens lose confidence in the government. As a result, citizens begin to feel that even if they complained very little or nothing at all would be done by the government to correct the situation. This is a good reason for citizens to keep quiet and not complain against their leaders when they misuse, misapply or misappropriate community funds (ibid). In conclusion, it can be said that the citizens’ tendency to remain silent despite widespread acts of financial misconduct by the leaders is mainly due to fear by the affected citizens to lose the financial and material support they receive from the culprits because when leaders steal community funds, they bribe a few members of the community to buy their silence and loyalty. The other reasons are the lack of information pertaining to expenditure of public funds, and the unfavourable response by the responsible government agencies in handling issues of financial malpractice by leaders after receiving complaints from concerned citizens. In order for citizens to become willing, informed and effective participants in issues of democracy and good governance, they must be minimally taught to understand good governance and democratic principles and virtues and in the process begin to practice democracy and good governance themselves.

The Online Profits Training Program Is Open

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Global Supply Chain Managment Essay Example | Topics and Well Written Essays - 1000 words

Global Supply Chain Managment - Essay Example However, Vivek argued that the degree of diversification is the measure for the size of benefits likely to be achieved by the shareholders. Susan believes that small benefit is achieved by the shareholder involved in the diversified project; therefore such investors are poorly inclined towards IPO of such diversified firms. Ronald is firm that the reduction in the likelihood of an IPO is linked with the increase in the degree of diversification, therefore IPO is mainly preferred by such investors who are strange to diversified companies, and as such investors have the potential to make profit from diversification of their portfolios. Atul is his article has claimed that the firm is likely to go public if the stakeholders are diversified, and possess equal shares. The deposit-insurance hypothesis is based on the assumption that the 'acquirers would be willing to pay more for riskier, more profitable organizations whose returns are highly correlated with the acquirer's returns'. As per Vivek, the managerial-interest hypothesis is constant and consistent, and has no relationship with purchase price and exposed risk; therefore the risk management is avoidable from supply chain perspective. Both the articles have agreed that upon the fact that the supply chain management shall be protective of share holder's stake, and the wealth of the shareholder can be increased through alliances that diversify earnings. The earnings diversification hypothesis is based on the fact that higher levels of cash flow for the same level of total risk can be achieved through acquiring banks i.e. seek earnings diversification, 'the reductions in business risk are offset by increases in financial risk'. Catherine is of the opinion that acquisition of firms can offset the reduction in equity value, which can be achieved through issuance of additional debt; such measures diminish the probability level of bankruptcy to the previous level, there have been strong evidence that leverage i s increased as a result of alliances and acquisitions between the non-financial firms. It has been observed that banks acquired by bank holding companies have reduced their capital ratios after acquisitions, and reduction has been incorporated at significant level, 'the increased leverage increases the tax shield due to debt and, hence, after-tax net cash flow'. Ronald informed that the acquired banks reduce their holdings of low-risk securities to a greater level, and also improve their holdings of loans, this correspondingly increase the earnings. Analysis of the common grounds and variances between the two articles Atul has referred to the Research and Development success story for the technological companies, 'R&D Credit supports technological innovations through which the creation and the perseverance of the qualitative standards of living has been possible. It has been realized that 'many positive economic benefits are driven and motivated by performance of research and development, including increased revenue streams to U.S. companies', which is further responsible for the enhancement of the company's ability to 'recruit employees, purchase capital goods, pay dividends to shareholders and contribute to a strong country tax base'. Vivek has supported the argument and has further validated that the loans which appear in the balance