Global Financial Crisis And Regulation Of Financial Accounting Finance Essay - Free Essay Example

Sample details Pages: 8 Words: 2431 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? This report is related to issue, problems of recent global financial crisi. How it effects economy and people and research methods used to identify the reasons and few analysis of people what they think how this crisis came and the end some recommendations to overcome or to prevent from this crisis in future. Research Background As we are going to talk about and investigate about financial crisis, which effected globally the whole econonomy. This is essential to have knowledge about the term financial crisis and its major impacts to the economy. Financial crisis is applied or used generally to a variety of situations in which some financial institutions or assets abruptly lose a huge portion of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions co-existed with these fears. Other situations that are often called financial crises include stock market crashes and the explosion of other financial bubbles, currency crises, and sovereign defaults. Financial crisis has occurred throughout the past century, however if we talk about the current scenario it actually started to show its impacts in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems. The collapse of Lehman Brothers on September 14, 2008 marked the beginning of a new phase in the global financial crisis. Governments around the world struggled to rescue giant financial institutions as the fallout from the housing and stock market collapse worsened. Many financial institutions continued to face serious liquidity issues. The Australian government announced the first of its stimulus packages aimed to jump-start the slowing economyFinancial crises directly result in a loss of paper wealth; they do not directly result in changes in the real economy, may indirectly do so, notably if Don’t waste time! Our writers will create an original "Global Financial Crisis And Regulation Of Financial Accounting Finance Essay" essay for you Create order Financial crisis is a situation precipitated by a general lack of confidence in a countrys financial system (Aizenman, J 2007). Several theories are however developed by different economists related to the occurrence, causes and prevention of global crisis. But there is little consensus, however, and financial crises are still a continuous occurrence throughout the world. Key Objectives As we have referred various circumstances under which financial crisis may happen and its disastrous ongoing results to the whole world economy. It is crucial to find the way outs for the global crisis. The solutions can be achieved by setting some norms and international standards. The following are the key objectives under which, we will accomplish our research report. Determine the various primary causes of financial crisis Associate the causes with IASB (International Accounting Standard Board) Straightaway connect and justify our analysis with related financial accounting theories Adopt the various accounting procedures to undertake research and justify them. Analyze the timeline for an overview of the latest measure taken by the IASB in response to the financial crisis View an overview of the IASB activities related to global crisis Apply further research methods to appraise global financial crisis in more depth Discover the possible outcomes for this international dilemma Implementation of the outcomes worldwide Theoretical Perspectives In this research we tried to relate the various theories of accounting discussed during the class. At first below diagram is a representation of factors contributing to housing bubble. Housing bubble means when the rates of houses significantly rise. This happened mainly in the years 2007-2010, time of financial crisis. People believe that real estate bubble mainly in America was the partial reason for global crisis. Above (Factors contributing to housing bubble) In the above diagram we can directly see the political and government influence. Here we can relate it with public interest theory of regulation and capture theory of regulation. Whereas the capture theory here dominates public interest theory of regulation. Although according to public interest theory the regulation is introduced to protect the public, but regulatory mechanisms often controlled by groups most affected by regulation like political and government. So these theories directly justify this situation, the major cause of financial crisis. As the bank plays critical role in current market system, when the larger banks show signs of crisis, it is not just the wealthy that suffer, but potentially everyone. With a globalized system, a credit crunch can ripple through the entire (real) economy very quickly turning a global financial crisis into a global economic crisis. As the legitimacy theory relies on social contract and does not rely on the economic based assumption that all action is driven by self-interest and wealth maximization. For example, an entire banking system that lacks confidence in lending as it faces massive losses will try to shore up reserves and may reduce access to credit, or make it more difficult and expensive to obtain. In the wider economy, this credit crunch and higher costs of borrowing will affect many sectors, leading to job cuts. People may find their mortgages harder to pay, or remortgaging could become expensive. For any recent home buyers, the value of their homes is likely to fall in value leaving them in negative equity. As people cut back on consumption to try and weather this economic storm, more businesses will struggle to survive leading to further job losses. If we talk about economic interest group theory it is solely motivated by self-interest. This also became the reason for recent financial crisis. Different Countries were often in conflict with each other. Economic environment plays a crucial role for outbreak and reoccurrence of conflict. In particular wars often start following growth collapses (Collier et al, 2009). Sharp economic slowdowns and low level of income per capita appear to increase the likelihood of conflict and contradictions. While some commentators propound the view that the financial crisis is some sort of a self-fulfilling prophesy of the shortcomings of a market system, others see the principal cause the government interference on the normal operations of the financial markets (Kaufman, et al, 1999). As we talk about IASB, it has been making steady progress toward stabilizing and strengthening the global financial system by fortifying prudential oversight, improving risk management, promoting transparency, and reinforcing international cooperation. While confidence in the financial system has improved, more work is required to restore the soundness of some global banks balance sheets, to avoid leaving the global financial system vulnerable and restricting its ability to provide the credit needed to fuel sustainable economic growth. Research Methods Methods applied Financial crisis has been severed since the huge depression in the world economy. Due to the financial crisis, there is been very a lot of contractions in the real economy like credit losses, write downs, liquidity shocks, deflated property values etc. We can demonstrate the various huge losses due to financial crisis in four categories as: (1) U.S. loss estimates; (2) U.S. housing sector; (3)U.S. financial sector; and (4) global loss estimates. In April 2009, the International Monetary Fund (IMF) approximated entire near-term universal losses on U.S. credit-related debt to be $2.7 trillion. Development predictions in 2009 are pessimistic across the board. Expenses straightaway attributable to the disaster include new spending by the federal government, including the Troubled Assets Relief Program (TARP) ($700 billion) and the stimulus package passed in February ($787 billion). As far as housing sector is concerned, banks took benefit of less interest rates and securitization opportunities to institute relaxed lending standards that operate mortgage lending to the early part of the decade end to end. Within year 1990 and 2008, the quantity of houses in the America inflated only marginally. The total mortgage debt outstanding more than quadrupled during that same period. Increased borrowing by U.S. households was partially offset by climbing asset prices. However, there came the period, where the increased property values came to almost an end after reaching a peak in 2006, with home prices eventually dropped by 27% by 2008. The explosion of the housing bubble has almost extinguished construction and sales procedure. American landlords are also in problem, with the percentage of overdue mortgages at an all-time high while 20% of all mortgages are in a negative equity position. The financial sector is still very shaky. From 2001 to 2003, total housing mortgage-backed security (MBS) issuance almost double from $1.3 trillion to $2.7 trillion. As the MBS market frozen, the collateralized debt responsibility market took off. As the housing bubble burst, the market for these securities dried up and their values have fall. Shrinking balance sheets and shaken confidence in the financial sector have in turn weakened the demand for other types of debt, such as corporate bonds and commercial paper. At the similar time, the price of insure bank debt through credit evasion exchange has increased, dazzling investors uncertainty toward the Goodwill of banks. Forced to minimize their balance sheets to satisfy rigid capital requirements, banks have controlled lending. The result has been devastating for businesses and consumers seeking loans. Although the U.S. subprime mortgage and other domestic markets were the first to absorb the devastating effects of a bursting global asset bubble, it was only a short while before foreign markets realized similar effects. There was huge fall of 53% on Global market capitalization since its peak on October 31, 2007. The effects on the real economy are similarly striking. Global growth averaged 4.1% a year between 2000 to 2008. In March 2009, the World Economic Outlook database targeted world output to be -1.0 to -0.5%, an impressive fall from 2008, when output was 3.2%. Further losses related with the crisis originated as businesses throughout the globe were forced to write down their assets. There is been a loss of nearly $1.3 trillion since 2007. The unemployment rate gradually increased to 8.9% in March 2009, compared to just 6.7% in March 2008. The housing market throughout the world has also suffered a sharp downturn. The UK market has experienced a 17.6% downfall since 2007. Total global CDO issuance peaked in 2007 at $179 billion, but fell precipitously to just $5 billion in 2008-a 97.2% drop. So if we compare the above given data, it becomes clear that the financial crisis has become a global c oncern. Our examination or investigation into the severity of the current financial crisis serves as a critical point of reference for the analysis and recommendations set forth in this Report. Justification of applied Methods We targeted the U.S. economic, financial system as it is best viewed as an integral part of the overall global financial system. No longer can the United States modulate in a vacuum. Coordination with other national regulators and cooperation with regional and international authorities is required. This Report, however, is far more than a collection of abstract themes. Rather, we have designed the Report to serve in a clearer manner by using very broad methods to undertake our research. We have tried to evaluate the major global financial problems, which all related to and depend upon US economy. Analysis According to Moseley, F (2009) the main reasons of financial crisis are decline in rate of profit and strategies to restore rate of profit because when rate of profit went down, investors cut down the wages of employees and also downsize employees and big crisis came at that time. Many people believe that this global financial crisis came because of government regulations due to lots of relief to banks and mortgage industry this crisis came. For instance zero down payment. Evaluation Although government regulations and lack of government intrest was the reason of financial crisis but besides that the major reason of crisis was bank policies related to giving loans to people on very easy requiremnets. Limitations of Research Although we try to find as many articles, journals and books from library resources, still according to us we couldnt do it thoroughly because of Vast scope of the given issue Lack of proper resources from the library Theories applied only, which were discussed in class Sometimes information overloaded from the internet, difficult to take help from the appropriate resource Time limitation between group-mates Recommendations Following are the given recommendations for any economy worldwide. By applying these recommendations, severe global economic situations can be resolved to certain extent and world can be rescued from future economic crisis. When developing accounting standards the accounting standard setters give consideration to the potential economic and social implications of any changes During case of professional judgement, Information generated should faithfully represent underlying transactions and be neutral and verifiable Main accounting concepts and theories of various countries should be standardised. This will make easier for local companies to list on foreign stock exchanges. IASB should make accounting standards more consistent and logical, so that its get easy for every economy to adopt and apply them When world economy was declined, standard setters were in firing line. So the standard-setters should be more accountable for their decisions. One of the key objectives of financial reporting ÂÂ ­ as stated in numerous attempts to work out a conceptual framework for accounting standard setting ÂÂ ­ is to provide information that is useful in making business and economic decisions. Also the communication between standard-setters and their constituents should be enhanced. There should be more confidence in pellucidity and incorruptibility of financial reporting, which is critically important to global financial stability and sound economic growth. To develop standards of high quality and unbiased, accounting standard setters must enjoy a high degree of independence from undue commercial and political pressure, but they must also have high degree of accountability through appropriate due process, including wide engagement with stakeholders and oversight conducted in the public interest. There should be removal of the issuance of money from governments hands, because as long as government controls issuance, either directly or via their central bank proxies, they can and will manipulate it to their own political advantage. Consistent with the need of maintaining and enhancing high quality accounting standards, the Boards should use every effort to achieve converged solutions. National governments, financial market participants, and the global business community should actively support the development of a single set of high quality accounting standards. Team Participation Report We are two members in team. We had good coordination with each other throughout the research report. We both learnt lots of financial aspects from each other via this report. We had group meetings according to each others availability. We together did research for the whole report. Sometimes we had conflicts between each others different views during the report making. But we also learnt how to solve the conflicts and reach to an appropriate solution. We also didnt find any cultural problem as well. Time was the crucial aspect for both of us and we hope that we utilized it in a right manner.

Telescreens And Technology In 1984 Essay - 490 Words

Through out George Orwells 1984, the use of telescreens is very efficient and effective for the Party. On the other hand it plays a very hard role on our main character, Winston. Through out the novel, he lives in fear of the telescreen and is ultimately taken by the mighty power that is the Party, all in help by the telescreen. The watchful eye of the telescreen is not totally fiction though, in many places it all ready exists.Winston is a worker whos job is to change history to make sure that its quot;correctquot; by the Parties standards. He meets a lovely girl Julia and falls in love. They together try to find life and happiness together, and also they want to find the resistance, or the group of people that they figured existed†¦show more content†¦After weeks or months of endless torture they are slit up, reconditioned and released again as good little Party members. All of this can be traced back to the usage of the telescreen.quot;A male security guard uses store sur veillance cameras to zoom in on the cleavage of an unsuspecting sales managerquot; (Hancock 1995, 1) Are Americans willing to let government poke its lens into their business if it means more streets are safe? Can Americans live with the fact of being watched 24 hours a day to make sure there all in line and doing what there supposed to? Its as if Big Brother were here himself. Technology is improving day by day. As the electronic eyes shrink in size, Big Brother grows even bigger. (Hancock 1995, 1) Cameras can turn into instruments of abuse, even to effectiveness of telescreens that did in Winston and many of his kind. The wired society is a creeping phenomenon because there are no regulations or laws to protect against video surveillance. (Hancock 1995, 2) Our poor character Winston was subject to a harsher type of surveillance than what has been seen, but with no regulation the possibilities are very real that a system that did the work on the people of Big Brother can exist in our society today. George Orwell amazingly portrayed a anti-utopian world in witch everyone was caught up by the strong possibility that there being watched, and if/when they foul up, there next in line to be reconditioned. Even Winston knew the great power ofShow MoreRelatedTechnology, Educational Purposes, Communication, And Other Everyday Uses1365 Words   |  6 Pages Today technology can have many different uses. People use technology for entertainment, educational purposes, communication, and other everyday uses. In 1984, Big brother uses telescreens, a speakwrite,memory holes, microphones, and helicopters to secure control throughout Oceania. 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Earth and Yuri Gagarin Free Essays

In my presentation I will tell you about the first cosmonaut. The purpose of this presentation to know more about the life of Yuri Gagarin and his exploits. Also explains how Gagarin prepared to fly into space, the process of this important event and what happened with the first cosmonaut after he made his flight. We will write a custom essay sample on Earth and Yuri Gagarin or any similar topic only for you Order Now And in the presentation contains different photos of Gagarin with his family and friends. Career in the Soviet space program It was on the 12th of April, 1961, when the first flight by man into cosmic space took place. Yuri Gagarin, the first cosmonaut in the world, he was a 27 years old Air Force pilot at that time. The space ship flew at the speed of 300 miles a minute. That’s six times faster than man ever travelled before. His flight lasted 108 minutes, but a circuit round the Earth took 89 minutes. It was a brilliant achievement on the part of our scientists and technologists, and on the part of Gagarin who risked his life to achieve a victory for his country. This is what Yuri Gagarin said at this press conference: â€Å"On my flight around the Earth was clearly seen: the continents, island and seas. Flying over the land I could clearly see the big squares of fields and it was possible to distinguish which was meadow and which was forest I could not see as well as from an airplane. I saw for the first time with my own eyes the Earth’s shape. I must say that the view of the horizon is very beautiful. You can see the noticeable change from the light surface of the Earth in to completely black sky in which you can see the stars. It is very gradual and lovely. In space the shines ten times more brightly than on the Earth. The stars can be seen very well. I felt excellent as I entered space. Everything was easier to do when weightlessness . My legs and arms weighed nothing. Objects swam in the cabin. During this state of weightlessness I ate and drank and everything was the same as on the Earth. The passage back from weightlessness to the force of gravity happened smoothly. Arms and legs feel the same as during weightlessness, but now they have weight. When I returned to the Earth I was full of joy. † Death and legacy After the flight Gagarin became a worldwide celebrity. He went around the globe with press conference and everywhere people were impressed by his charming smile, inelegance and simplicity. In 1962, he began serving as a deputy to the Supreme Soviet. Unfortunately, he tragically died during a training flight on an airplane. But he is remembered throughout Russia forever. American astronauts Neil Armstrong and Edwin Aldrin left one of Gagarin’s medals on the moon as a tribute. Moreover in Russia there are a lot of streets, squares, schools and colleges bear his name. How to cite Earth and Yuri Gagarin, Papers

The Story Of Noahs Ark Essay Example For Students

The Story Of Noahs Ark Essay In Judeo-Christian mythology, one of the best recognized stories from the Old Testament is the story of Noah and the Ark, and how they survived Gods great flood. This story is a common one throughout many mid-east cultures, both past and present. The most notable of these is in the ancient Mesopotamian mythology, with the story of Utnapishtim and his story of survival of the gods wrath. Though both are telling what is assumed to be a tale of the same event, there are many similarities as well as differences in certain details of the story. Although some of these differing aspects are for the most part, fairly trivial, some of them are quite drastic from one version to the other. The source of the myth in the two cultures is quite different, as well as the way the story narrated. In the case of the ancient Mesopotamian version of the myth, it is found in The Epic of Gilgamesh. We will write a custom essay on The Story Of Noahs Ark specifically for you for only $16.38 $13.9/page Order now It is told to Gilgamesh by Utnapishtim when Gilgamesh encounters him while on his quest for the plant of everlasting life. Here we have a first hand account of the flood, by one of the sole survivors of the flood, the tale itself is found in an epic of a great king, which wasnt exactly revered as a sacred book in the Mesopotamian culture, but was still treated with a great deal of respect. This is quite from the ancient Hebrew account of the flood. In the Old Testament, it is presumably Moses who is telling the story of Noah in the book of Genesis. In this case, we have a second hand account of the story, found in what is considered to be a sacred piece of scripture, as written by one of the most important figures of the religion. The reason that man was to be exterminated from the face of the earth is also different in both myths. In the Mesopotamian version of the story, man was becoming an inconvenience for the gods he was so loud due to his numbers that he was keeping the gods up at night. Because man was causing this disruption, Enlil approaches the other gods and they agree to get rid of man by way of a great flood, so that they may sleep at night once again. Utnapishtim is warned by Ea through a dream, and is instructed with a rough guide to the dimensions, to build a great barque for himself and his family, animals, craftsmen, and all of Utnapishtims belongings. This is an extreme contrast to what is found in the Hebrew version. In that account, man was becoming too evil for God to bear, and so it was decided by God that due to his wickedness, he should be wiped off the earth. In this case, man was not an inconvenience, he was just not in favour with God. Noah was the only one out of all of man who was still in Gods favour. So God came to Noah and told him to also build a barque, also with the exact dimensions given, and instructed Noah to bring on board his family, their families, and two, a male and female, of all the animals of the world. However, there is no mention of this news of a flood coming to Noah in a dream, nor of him being permitted to bring with him any other humans besides his immediate family, and their wives. Also, the amount of detail regarding the dimensions of the barque is quite different. In the Biblical story, the dimensions are very explicit, with length, width, and height given. However, in the Mesopotamian story, the dimensions are not as precise, giving only a rough guide as to what the boat should look like. The final warning before the flood is different in each version also. In the Hebrew account of the flood, once Noah has completed the construction of the Ark, God tells him to go out and collect a male and its mate from every type of animal and bird, and that in seven days, he shall bring forth the floodwaters and destroy man. .u778782768fd878aa26916d5b1884587f , .u778782768fd878aa26916d5b1884587f .postImageUrl , .u778782768fd878aa26916d5b1884587f .centered-text-area { min-height: 80px; position: relative; } .u778782768fd878aa26916d5b1884587f , .u778782768fd878aa26916d5b1884587f:hover , .u778782768fd878aa26916d5b1884587f:visited , .u778782768fd878aa26916d5b1884587f:active { border:0!important; } .u778782768fd878aa26916d5b1884587f .clearfix:after { content: ""; display: table; clear: both; } .u778782768fd878aa26916d5b1884587f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u778782768fd878aa26916d5b1884587f:active , .u778782768fd878aa26916d5b1884587f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u778782768fd878aa26916d5b1884587f .centered-text-area { width: 100%; position: relative ; } .u778782768fd878aa26916d5b1884587f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u778782768fd878aa26916d5b1884587f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u778782768fd878aa26916d5b1884587f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u778782768fd878aa26916d5b1884587f:hover .ctaButton { background-color: #34495E!important; } .u778782768fd878aa26916d5b1884587f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u778782768fd878aa26916d5b1884587f .u778782768fd878aa26916d5b1884587f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u778782768fd878aa26916d5b1884587f:after { content: ""; display: block; clear: both; } READ: Chemistry social issues Essay In the Mesopotamian version of this aspect, there is not as much of an advanced warning given. Shamash comes to Utnapishtim and says that when the Rider of the Storm arrives that evening, to enter the barque and batten it down. Though in both stories, the hero is given some advanced warning as to when the flood will begin, in the Mesopotamian version Utnapishtim is not given as great of a length of time as Noah was able to enjoy to get everything loaded aboard. The duration of the flood is different between the two versions also. In the Mesopotamian account, the flood is said to have began in the morning after the arrival of the Rider of the Storm, and lasted for six days and six nights. It also states that the assistance of the gods of the Underworld was enlisted to help bring down the dykes and release the waters of the flood.Utnapishtim says to Gilgamesh that the flood was so dreadful that even the gods of the heavens were in fear of what the gods of the Underworld were doing, and that they retreated to the highest level of the heavens, that occupied by Anu. In the Hebrew description of the actual flood itself, it was said that it lasted forty days and forty nights, not the single week as was stated in the Mesopotamian account. It was also Gods wrath that man was suffering, and the creatures of the Underworld were in no way involved in this destruction of man, as man had brought this upon himself with his own wickedness. In the Mesopotamian myth, on the seventh day of the flood, the rain stopped and the water grew calm. Utnapishtim looked around for land, and saw the summit of the Mountain of Nisir. Utnapishtim then set the boat aground on the top of the mountain and there it sat for a week before Utnapishtim began to see if the earth had dried off yet. First he let a dove loose to see if the water had receded yet, but it returned when it had nowhere to land. Utnapishtim then let a swallow loose, but to no avail, as it too returned. He then let a raven loose. The raven saw that the water had since retreated, found something to eat, flew around, cawed, and then did not return. In the Hebrew story, Noah first set out a raven, which flew around until the waters had dried up. Noah then let a dove loose, but it returned because it had nowhere to land. Noah then waited seven days to release the dove again. This time it came back with an olive leaf. Noah waited seven more days, and released the dove a third time. This time it did not return, for it had found somewhere to go as the water had since dried up. The only noticeable difference between these two aspects of the story, would be the birds used and the length of time required for the waters of the flood to recede to a point at which man is able to again walk on dry land.The last point regarding the two stories is that of the sacrifice to God or the gods after the floodwaters had retreated to a point that man was able to return to the land. In the Mesopotamian account of the myth, Utnapishtim made a sacrifice to the gods on top of the Mountain of Nisir, after he let the animals and others free from the barque. All the gods were able to smell the sacrifice, and came to it. Ishtar was also able to smell the sacrifice and came to it. She then says that she will not forget these days of the flood, and instructed the other gods to remember it also. .u54c5468ccab39a9bc0de9ea2714fcc53 , .u54c5468ccab39a9bc0de9ea2714fcc53 .postImageUrl , .u54c5468ccab39a9bc0de9ea2714fcc53 .centered-text-area { min-height: 80px; position: relative; } .u54c5468ccab39a9bc0de9ea2714fcc53 , .u54c5468ccab39a9bc0de9ea2714fcc53:hover , .u54c5468ccab39a9bc0de9ea2714fcc53:visited , .u54c5468ccab39a9bc0de9ea2714fcc53:active { border:0!important; } .u54c5468ccab39a9bc0de9ea2714fcc53 .clearfix:after { content: ""; display: table; clear: both; } .u54c5468ccab39a9bc0de9ea2714fcc53 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u54c5468ccab39a9bc0de9ea2714fcc53:active , .u54c5468ccab39a9bc0de9ea2714fcc53:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u54c5468ccab39a9bc0de9ea2714fcc53 .centered-text-area { width: 100%; position: relative ; } .u54c5468ccab39a9bc0de9ea2714fcc53 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u54c5468ccab39a9bc0de9ea2714fcc53 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u54c5468ccab39a9bc0de9ea2714fcc53 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u54c5468ccab39a9bc0de9ea2714fcc53:hover .ctaButton { background-color: #34495E!important; } .u54c5468ccab39a9bc0de9ea2714fcc53 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u54c5468ccab39a9bc0de9ea2714fcc53 .u54c5468ccab39a9bc0de9ea2714fcc53-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u54c5468ccab39a9bc0de9ea2714fcc53:after { content: ""; display: block; clear: both; } READ: Franklin Delano Roosevelt Essay SignificanceShe then told all the gods except Enlil to gather around it. Enlil was excluded from the sacrifice by Ishtar because he brought about the flood and destroyed man. Enlil, however, came and saw the sacrifice, and was filled with anger that man had survived. Ea then stands up to Enlil on behalf of Utnapishtim, and asks how Enlil could have brought about such destruction on to man. Ea then leaves Utnapishtim to the mercy of Enlil. Enlil takes Utnapishtim and his wife, blesses them, giving them longevity and places them at the mouth of the rivers to live. In the Hebrew version of this last aspect of the story of the flood, Noah lets all the animals off of the Ark, and then he makes a sacrifice to God, just as Utnapishtim did. God smelled this sacrifice and came to it. God blessed Noah, his family, and all the animals and birds, and told them to be fruitful and multiply in number. God then established a covenant with Noah, saying that he shall never again curse the earth again with such a flood. As a sign of his intentions, God set a rainbow in the clouds, and said to Noah that when ever he brings clouds over the earth again, he will see the rainbow and remember his covenant with Noah. This is not much different from the Mesopotamian myth. In both cases the gods or God said that they would remember the flood, and Utnapishtim or Noah, which ever the case may be was blessed. In the Mesopotamian myth however, there is no mention of a covenant with the land or Utnapishtim to never curse the earth in such a manner again.Though both of these stories are telling a tale of what was no doubt, the same event, there are many discrepancies between the two. From details surrounding the structure of the barque, to the actual length of the flood itself, there are many differences between the two accounts. At the same time however, there are many similarities between the myths. The fact that both said that a bird was the way which the respective hero was able to tell whether or not the waters had receded, and the fact that both tales say that the gods or God would remember the flood are examples of this. The truth of the matter is that, regardless of whether or not there are discrepancies between the two tales, the fact that both are describing the same occurance is truly remarkable and definitely says something about the cataclysmic impact which this event must have had on the ancient world.

Procedures to Install Eclipse and Android Emulator Essays

Procedures to Install Eclipse and Android Emulator Essays Procedures to Install Eclipse and Android Emulator Essay Procedures to Install Eclipse and Android Emulator Essay Download and install Java Development Kit (JDK) Download and unzip Eclipse IDE go to eclipse. org/downloads/. Download either Eclipse IDE for Java EE Developers or Eclipse IDE for Java Developers. Download and unzip Android SDK go to http://developer. android. com/index. html Select SDK tab, download SDK of your platform. Install ADT plug-in into Eclipse IDE 3. 4. Android Development Tools (ADT) is a plug-in for the Eclipse IDE that is designed to give you a powerful, integrated environment in which to build Android applications. ADT extends the capabilities of Eclipse to let you quickly set up new Android projects, create an application UI, add components based on the Android Framework API, debug your applications using the Android SDK tools, and even export signed (or unsigned) APKs in order to distribute your application. Developing in Eclipse with ADT is highly recommended and is the fastest way to get started. With the guided project setup it provides, as well as tools integration, custom XML editors, and debug output pane, ADT gives you an incredible boost in developing Android applications. . 1 Start Eclipse IDE. You might see Workspace Launcher/Select a workspace dialog box as shown below. For the Workspace field, either take the given directory or choose a different directory. The Workspace is the directory where Eclipse maintains its projects. Click OK. 4. 2 Add a Repository location (of the Android development tools) to the Eclipse IDE. A Repository is a where software is being maintained. For Na me field, enter Android Plugin (or whatever name of your choice). For the Location field, enter https://dl-ssl. oogle. com/android/eclipse/. Note: If you have trouble acquiring the plug-in, you can try using http in the URL, instead of https (https is preferred for security reasons). 4. 3 Download and install Android development tools (ADT plug-in) to Eclipse IDE. 5. Configure ADT plug-in with the location of Android SDK Once youve successfully downloaded ADT as described above, the next step is to modify your ADT preferences in Eclipse to point to the Android SDK directory: 5. 1 select Windows-gt;Preferences If the location of the Android SDK is not already set, browse to that location and click OK. 6. Install additional Android SDK components platform, add-ons, doc and samples 6. 1 (This is an optional step) Check the android-sdk- directory and observe that it has empty add-ons, empty platforms, and tools directories but it currently does not have docs and samples directories. Vi a Android SDK and AVD Manager, you can update your Android SDK. 6. 2 Run Android SDK and AVD Manager. 6. 3 Download and install available packages. The available packages include Documentations, Platforms, Samples, etc. You can selectively choose them. Notice that the packages list may vary from system to system. Install them all. Accept the licenses. Restart ADB. 7. Create Android Virtual Device (AVD) In this step, you are going to create a virtual device which will give options to the emulator to model an actual device. 7. 1 Select Windows-gt;Android SDK and AVD Manager. 7. 2 Click New in the Virtual Devices frame of the Android SDK and AVD Manager The options below are the minimal options to give so that the emulator works correctly. You may further refine them. Enter my_avd_2. 2 (or whatever name you want) as Name for the new device Choose Android 2. 2-update1-API Level 8 for the target. It is the system which will run on the emulator. Optionally enter a minimal size for the SD card – 128 Click on Create AVD The new virtual device has been created. 8. Configure the JRE to use in Eclipse Select Eclipse-gt;Preferences Click on Installed JRES inside Java Check JVM 1. 6. 0 Click OK

9 Hilarious Office Pranks to Pull On Your Coworkers

9 Hilarious Office Pranks to Pull On Your Coworkers Brace yourself:  Blood will be spilled, tears will be shed, and friendships will be broken after you pull these 9 hilarious office pranks on your co-workers. You will get fired. You have been warned.1. Tamper with the Foosball tablevia [giphy.com]Sneak into your office at night while no one is there and super glue the parts  of one side so theyre no longer useable. Sit back and watch your co-workers faces light up with pure rage as you score one goal after another. For further enjoyment, score a goal every time they tell you to stop. Whats that? Stop? Boom! Gooooooal. As a side note, if your place of employment doesnt have a Foosball table, why are you even still working there?2. Impersonate one of your coworkersvia [giphy.com]Make sure to get a similar haircut, and practice your mannerisms. When you come in for work in the morning, sit next to them and proceed to mock them. Depending on their sense of humor, theyll either have a good laugh or grow increasingly frustrated. Hopefu lly its the latter. That way, you can absorb their hatred and anger to sustain your youth.3.   Distort realityvia [giphy.com]When your co-worker comes in, give a confused look  and ask why he or she is there. When they ask you what youre talking about, point to their replacement (who also happens to be a dog dressed in a suit) and mention that they were fired two weeks ago. This prank requires more than just one person on board, but if done correctly, sit back and watch as your co-worker contemplates whether or not theyve just stepped into an episode of the Twilight Zone.4. Act like an assholevia [giphy.com]Okay, Ill admit, this one isnt very creative- but lets be honest, there isnt anything more infuriating to someone than a troll. Pretending to be an asshole is probably the fastest way to get yourself fired, but hey, if youve got nothing to lose, run up behind your co-worker and slap their cup of coffee right out of their hand. If youre feeling especially brave, feel free to g ive them a wedgie or   noogie, or hell- you can do both at the same time.  Come here, nerd!5. Pretend youre possessedvia [giphy.com]Crawl into the office on your back, while chanting the Spongebob Squarepants theme song in a  dark and ominous tone. Bonus points if you can rotate your head 360 degrees.6. Come in dressed as  a zombievia [giphy.com]Possession not your thing? Perhaps youve already scared the shit out of everyone using prank number 5? If so, then its time to dust off your old Halloween costume and have some fun. Hide inside of the fridge or closet and wait for someone to open the door. All those makeup tutorials youve watched on YouTube are finally paying off!7. Fake your death, then resurrect yourselfvia [giphy.com]Have one of your friends call  the office to  let everyone know the bad news- you were hit by an ice cream truck and now are dead. Invite everyone to your funeral; although, after all the pranks youve pulled, its likely no one will show up. The da y of your funeral arrives and everyone is sad and reminiscing about all the good times theyve spent with you, allegedly. As everyone is paying their respects, pop out of your coffin wearing a terrifying mask and lunge at everyone, foaming at the mouth.8. Post pictures of your face everywherevia [giphy.com]Photoshop your face onto the body of a Greek god and print out thousands of copies. Toss them around the office and hang them all over the walls, fridge, and co-workers computers. As an added bonus, send mass emails to everyone in the office of your face photoshopped onto their personal photos.9. Broadcast your mixtapevia [giphy.com]Youve been slaving away in the streets trying to drop the hottest mixtape of 2015 and now its time to share it with the office. Sneak your way into the control room and broadcast it over the intercom to the entire office. Watch as everyone evacuates the office  out of sheer terror.Well there you have it, folks! Be sure to pull these 9 pranks around th e office and you will be on the fast track to becoming the funniest unemployed prankster of all time!

Business Approach to the Use of Primary and Secondary Research Essay

Business Approach to the Use of Primary and Secondary Research - Essay Example According to the research findings, Primary Market Research and Secondary Market Research are the two categories of market research. In order to get an overall adjusted and faultless depiction of the requirements, demands, and needs of your business, primary and secondary market research should ideally be used in concurrence with one another. Neither can be used as a standalone tool to gather all the vital and relevant information for a successful business plan. However, using both enables a business to gather all the required data needed to identify and reach the target market. Utilizing primary research alone, without first seeing what has or has not worked for different organizations, is liable to expedite insignificant inquiries or missed chances. In the meantime, depending singularly on secondary research is prone to disadvantage you with responses that are ambiguous or inappropriate to your particular target market. Business environment research commonly entails sociographics, market size and trends, business regulations, and demographics to develop a customer and/or competitor profile. The prime focus of primary research is to gather and unearth original data. To encompass data collection and data input and then analyze the results is vital for an effective and successful business plan attempting to reach its target audience. Primary research is conducted to acquire information about the unanswered or vague questions. In order to collect relevant data, one starts from the scratch and every step of the research process needs to be completed. It can also be said that data is collected from the real world in primary research (Penn). Using various means and strategies, a business collects data on its own or hires someone to collect data and information on its behalf.