Ancient Greece – Essay

In ancient Greece, Music was an important thing for the pattern and texture of Greek life. It was played at weddings, funerals, religious festivals, gatherings and etc. Although Ancient Greeks were familiar with a vast amount of instruments, they favored three particular instruments which are the Kithara, the Lyre, and the Aulos. Instrumental music or the singing of a hymn was included in everyday activities and formal acts of worship. Of Greek philosophers believe that there is a relationship between music and mathematics, as they envisioned music as a concept of harmonious order reflecting the cosmos and human soul. Many people in Ancient Greece had a liking for sports, most of the men and boys trained/played sports religiously. Olympia, which is a city in Greece, was a known place for athletics in Ancient Greece. The very first Olympic Games were held in Olympia and that was in 776 BC, therefore Greece is the home city for Olympic Games. The Olympic Games were played in honor of Zeus, who was a Greek God. The games were held every four years and it was a very important even for the Greeks. The tradition of Olympic Games still lives till this day. Woman in Ancient Greek were known to be secluded. They had no say in many things. These women went through many ordeals in their life. Most women in Ancient Greece didn’t have a right to decide whom they wanted to marry. Marriage for woman in Ancient Greece was like a transaction/ business exchange between two men. The circumstances of gaining inheritance were limited for a female. Wives could not inherit money from their husbands and daughters couldn’t inherit property from their fathers, one of the few ways a female could inherit property was through a male sibling. Also, in Ancient Greece, the social life of a female was limited to none. Most women were not allowed to participate in events that involved men. A wife’s social life’s was controlled by her husband. One of the main roles for these women was to bore children, and that was a difficult task for them. In Ancient Greece, Women’s rights were unequivalent to men’s rights.

Transport and cultural geography of London Essay

Transport and cultural geography of London - Essay Example This research will begin with the statement that London developed the first underground railway in the world. The Metropolitan Company financed the construction of the railway that became the first to use electric engines for propulsion. Besides, the company built an escalator at Earls Court and Holloway. The underground train exists to date carrying 1.07 million passengers annually. The London underground tunnel hosts animals from deer to grass snakes. About half a million mice also dwell in these tunnels. The mosquitoes inhabiting the tunnels have evolved into a unique species for its insatiable biting. London now has seven major railway stations covering long distances. Â  Recent developments in London Heathrow airport make it the world’s busiest airports. The airport services both local and international travels. Heathrow airport has underground station served by an underground railway connecting the airport to Central London. Taxis are also available outside the airport. London also has 24 bridges over river Thames such as the Tower Bridge built in 1894. The London transport museum hosts all the developments in transportation beginning first inventions. The Roman settlers were the first to settle permanently in London. The World War II destroyed a large part of London. London has 7.5 million residents as indicated by the 2007 census. The population consists of people from different cultures and religions. The main geographical feature in London is Thames River, which runs through the city from east to southwest.

Foreign Currency Exposures of Medco Essay Example | Topics and Well Written Essays - 2000 words - 1

Foreign Currency Exposures of Medco - Essay Example This paper illustrates that money market hedging strategy is mainly based upon channelizing the interest rate exposures of the currencies involved i.e. the home currency and the foreign currency. Under the existing scenario, home currency is Pounds whereas the foreign currency is Euros. This strategy has the reciprocal way of dealing with the foreign currency risk in receipt and payment case. As the existing case is the receipt case, therefore, Borrow-then-invest strategy is followed. From the below-mentioned table, it can be viewed that at the first step an amount equivalent to the amount receivable in 6 months i.e. â‚ ¬500,000 are borrowed at an interest rate of 2% per annum equivalent to 1% semi-annually. The amount received from a bank is immediately converted into the amount in pounds at the spot rate of 1.2834 producing a sum of  £385,733. This amount is then invested at a rate of 4% per annum equivalent to 2% semi-annually thus producing a sum  £393,477. Forward exchang e rate hedging is mainly based upon the mechanism of locking in a pre-determined future rate at today’s rate. In another rate, when the invoice amount will be remitted, the exchange rate will not be the spot rate after 6 months rather the exchange rate will be the rate determined today i.e. forward rate. In the existing scenario, the fixed forward for 6 months is 1.2755. After 6 months, when the amount is remitted, â‚ ¬500,000 will be converted at 1.2755 which is the forward rate determined 6 months earlier and will generate a sum of  £392,003. In this way, whether the home currency is appreciated or depreciated against the foreign currency, Medco will take the forward rate as the fixed rate and either the loss or the gain will be the sole liability of the forward rate dealer. From the above two techniques, it is quite evident that the money market hedging strategy is going to yield in a higher amount i.e.  £393,447 as compared to the forward rate based hedging strateg y which will yield in  £392,003. In this way, it can be noted that money market hedging based seems more effective given the interest rates and other factors remains constant. The Board of Directors of Medco is advised to follow money market-based hedging strategy, as the same will earn a marginal benefit of  £1,444 to the company. However, the arrangement of money market hedging will require substantial efforts of management in fulfilling the requirements of the bank providing this money market hedging facility to Medco.

Assess the role of ethics and compliance in pepsi-cola financial Essay

Assess the role of ethics and compliance in pepsi-cola financial environment and procedures they have in place to ensure ethical behavior - Essay Example iding principles namely: prioritizing the welfare of the consumers; ensuring the quality of the products they sell; ensuring the integrity in all business dealings especially financial transactions; respecting other people and employing teamwork in all business dealings; including long-term short-term and goals; and embracing diversity as well as ensuring representation of all groups (Ferrell and Ferrell, 2010). Compliance is ensured through committees that formulate resolution strategies and establishes recommendations necessary to support them. The compliance committee is comprised of four subcommittees whereby finance sub-committee is one of them. The finance subcommittee is involved in maintaining financial accountability across all the company structures. PepsiCo commits to achievement of business and financial success that does not negatively affect the society and maintains a favorable reputation. The approach of the company is to ensure that the financial performance is chara cterized by integrity and enhances the shareholder value. According to PepsiCo Inc., (2010a), the company continues to promote impeccable financial performance through balancing both short-term and long-term goals and extending investments in the strategic global regions to compel sustainable growth. The management has also identified challenges that need to be overcome in attaining the company objectives. The management team of PepsiCo monitors the quality indicators in assessing the financial condition and the business results. According to Ferrell and Ferrell, (2010), the company is committed to maintaining strict corporate standards that ensure the integrity and accountability of all the company processes. This commitment is affirmed by the governance standards that the company applies. The policies applied by the company in achieving proper application of governance include Audit Committee Charter, Amended and Restated Articles of Incorporation, Corporate Governance Guidelines,

In the Mood for Love Movie Review Example | Topics and Well Written Essays - 750 words

In the Mood for Love - Movie Review Example ses are having an affair with each other, both were very dejected, started to fill the gap in their lives by bringing more emotions to their friendship. The theme of the story was melancholic depicting how two disheartened and deceived people found peace with each other’s company although they thought not to be as their spouses. It has been said that Wong has created moody atmosphere using a combination of mise-en-scene, cinematography and his unique direction in the movie. The most inspiring aspect of In the Mood for Love is its brilliant cinematography. Most of the scenes in the movie were shot with the normal lens in order to avoid visible distortions so that the viewers can feel being the part of the movie themselves. The closed shots and close-ups were taken from the telephoto lens as it gives a feel of personal encounter to the viewer. In an interview, Wong declared that he wanted to shoot a movie like Vertigo by Hitchcock in which most scenes were taken outside the frame leaving the rest on the viewer’s imagination. Many of the scenes were shot from behind the windows, partitions and grills in order to create suspense as asserted by the director. Another important aspect of cinematography is Wong’s direction was the use of tracking shots to slide flawlessly between spaces. (Roger 105). Wong by emphasizing on the cinematography kept most of the scenes longer so that the audience would not be interrupted by the cuts and scene transitions. This also helps the audience in getting indulge within the plot and sink with the story line. Christopher Doyle and Pin Bing Lee, the cinematographers of the movie have been acclaimed great appreciation on the brilliant work they have done in the movie. Critics claim that the missing elements in the movie like music or dialogue in some scenes were amazingly covered by intelligent framing and filming of the characters which give us enough detail about the scene and the story. They used techniques like lowering the

Implication of Bad Managerial Ethics in Enron Term Paper

Implication of Bad Managerial Ethics in Enron - Term Paper Example On the other hand, the failure of a business venture can be attributed to upholding unethical values such as deception and complacency. Ethics can be understood well by paying special attention to the Enron scandal. This paper discusses the implications of unethical practice. It begins by bringing out the unethical practices that occurred at Enron and the implications. To begin with, the Enron scam, unearthed in 2001, eventually caused the collapse of Enron, an Energy Corporation based in the United States and the complete closure of an accounting and re-organization firm called Arthur Andersen. Apart from being the mega insolvency reorganization in the history of the United States during that time, Enron was also regarded as the huge audit failure. Enron problems owe their origin to Jeffrey Skilling, who created a group of executives that used accounting loopholes, specific purpose entities and negative financial reporting to hide huge amount of dollars in the form of debts that cam e from scrupulous deals as well as projects (Swartz & Sherron, 2004). Chief Financial Manager Andrew Fastow together with other managers not only confused Enron’s management board and accounts committee on highly vulnerable accounting practices, but also forced Andersen to overlook the issues (Collins, 2006). Shareholders lost eleven billion dollars (Schein, 2005), when the price of stocks at Enron that had gained a peak of ninety dollars per share as of mid 2000, dropped by less than one dollar by the close of 2001.The United States Securities and Commission of Exchange started an inquiry, and rival competitor from Houston, Dynergy wanted to buy the firm at a subsidized price. The deal collapsed, and in2001, Enron petitioned for insolvency under chapter eleven of the US Bankruptcy Law (Cruver, 2003). Furthermore, the implication was that many managers at Enron Corporation were arrested for a several charges and later put behind bars. The auditor at Enron, Arthur Andersen, wa s proven guilty by a District Court in the US. However, when the decision was rescinded by the United States Supreme Court, the firm had lost many customers. Workers and shareholders got limited returns from lawsuits, despite forfeiting billions in form of pensions as well as stock prices. As a result of the scam, new rules and laws were passed to increase the validity of financial communication for public firms. The unethical events that took place at Enron included embracing a culture which regarded innovation coupled with unlimited ambition to be vital factors that produced good returns within a short time. However, this theory focused on the short term aspect rather than long term whereby achieving maximum profits becomes cumbersome. This forces employees to bend the rules until the limitations of ethics are ignored in the quest for success (Toffler & Jennifer, 2004). It is worth noting that Enron enjoyed a lot of success initially by raking in a lot of earnings as well as cash flows. Therefore, in order to maintain this trend they resorted to join a faulty network of partnerships and also employed questionable auditing procedures. Enron managers thought that it was the best path for the organization. The crucial question that comes out of this initiative is whether it was ethical for the executives to pursue that course. In my view, it can be said that to some extent it was given the fact that the company realized a lot of earnings. However, to a large extent the behavior depicted by the executives of Enron constituted the highest violation of ethical values since it is responsible for the collapse of Enron. In addition, my

Trends in the Workplace Coursework Example | Topics and Well Written Essays - 1250 words

Trends in the Workplace - Coursework Example Issues of ageing employees, diversity and skills deficiencies feature new trends in work place. To respond to the demands of the work environment, the human resource managers need to exercise flexibility if their organizations have to remain profitable both in the short and long-term. The organization selection and recruitment process is an activity that the human resource managers take seriously to obtain the best work force within their institution. The selection process is an activity that involves selection of only qualified employees who suit the minimum requirements of the position and fill the existing employee gaps effectively (Schuler & MacMillan, 2012). For an organization to achieve its goals, it requires skilled personnel with adequate skills and experiences to handle the needs of the organization. In any organization, the selection process takes at different stages. The applicants undergo scrutiny for academic qualifications, skills, experiences and leadership qualities. The human resource managers set clear the qualifications of the position in their advertisement to ensure that only the qualified candidates apply. Those with less than minimum requirements are dismissed at the preliminary stage even before the first interviews. This saves on time an d cost that is used for hosting the interviews, regarding the high number of applicants who turn up to their advertisements. In addition, human resource managers provide a formal orientation to the successful candidates. The orientation process is a good way to facilitate employees work behavior and this helps them to adapt more quickly and to work become part of the work team more quickly. The ability of human resource managers helps to recruit the right workforce and to form a team that can implement the organizational goals. Employee performance evaluation is a key element of human resource