Steps to essay writing
Tuesday, August 25, 2020
Enhlis CASE 3 Term Paper Example | Topics and Well Written Essays - 750 words
Enhlis CASE 3 - Term Paper Example Prezi is some of the time is known as the zooming introduction, and it is utilized to make introductions that are viewed as more unique than power point. The introduction or the story is spread out in a visual canvas and the territory can be changed to see more subtleties or less detail. Force point is increasingly adaptable for some slide purposes and you can do an assortment of things with it. Conversation There are sure contrasts between the two programming, and the greatest distinction is presumably the non-direct nature of Prezi against the straight structure of intensity point. In numerous events power point remains the staple for most introductions and structures the reason for a great part of the visual substance conveyed in online introductions and trainings ( Bunzel, 2006). Letââ¬â¢s attempt a totally non-straight introducing or for instructing approach. Like having a nitty gritty Prezi and submits general direction to your crowd at which bits they need to take a gander at: in the event that the students can get to, at that point you donââ¬â¢t need to utilize customary introduction before all else. Force point has straight route, utilizes slide stack design, PC based, and has various printing choices. Force point is more well known than Prezi which is non-direct, utilizes map design, electronic, and has constrained printing choices. Attempt and present your students with Prezi to glance around, you can likewise attempt to include your substance. Students will work through and take notes or utilize the substance that they find generally helpful. Force point is acceptable at making address structure, envisioning content, arranging understudy note-taking, and clarifying complex ideas and procedures through outlines, charts and livelinesss. The appearance of your introduction of intensity point programming can be influenced by distinction in text dimensions in various PCs (Norwood, 2009). Prezi is an introduction that permits you to show your though ts in type of pictures, text, recordings. And so on., by wanting to them or focusing in on them. With the capacity to zoom the pictures, Prezi additionally give a few apparatuses to alter those items including instruments to turn, resize, recolor, and crop them. With the high and quicker mechanical development on the planet, the utilization of intensity point is become progressively untrustworthy contrasted with Prezi. Truth be told, (Norwood, 2009), says that, ââ¬Ëpower point introduction are so universal nowadays that the negligible name of this product has gotten interchangeable with ââ¬Ëboringââ¬â¢ and ââ¬Ëmundaneââ¬â¢.ââ¬â¢ Prezi being an online based turns into a more evolutional and helpful programming. The utilization of Prezi for framework redesign is progressively successful and carries more effects on the new openings. The utilization of Prezi gives a wide scope of introduction and is more profitable these days than power point. Not at all like force poi nt prezi isn't being influenced by the distinction in textual styles of various PC frameworks. Thusly itââ¬â¢s progressively profitable and simple to get to. Force point is constantly introduced in the framework. That makes it hard to share the work finished with power point to others. Being on the web based programming, Prezi is an option for studentââ¬â¢s instructors, and scientists. The simplicity of sharing the worksheet and individual introduction through web since itââ¬â¢s an online programming. The utilization of Prezi can be energetically suggested for redesigning since it is a most obvious opportunity with regards to improving salary. The utilization of Prezi is helpful in publicizing, mailing and any business related work. To improve corporate account itââ¬â¢s prudent to utilize Prezi. End It is more clear that the vast majority use power point than Prezi.
Saturday, August 22, 2020
How the 13 Colonies Were Named :: American History, Informative
How the 13 Colonies Were Named à à à à à The initial thirteen provinces were either named after individuals, Indian names or, places in England. The first states/settlements are, Massachusetts, Rhode Island, Connecticut, New York, Georgia, North Carolina, Maryland, South Carolina, Delaware, Pennsylvania, Virginia, New Hampshire and New Jersey. à à à à à The three expresses that are named explicitly after Indian names are Massachusetts, Rhode Island and Connecticut. The Puritans named Massachusetts, after a neighborhood Indian clan whose name implies ââ¬Å"a huge slope place.â⬠Rhode Island was named after the Indian name for ââ¬Å"Red Island.â⬠It was authoritatively called ââ¬Å"The State of Rhode Island and Providence Plantationsâ⬠in 1790. The third state named after and Indian name is Connecticut, which gets its name from and Algonquin word meaning ââ¬Å"land on the long tidal riverâ⬠à à à à à The eight settlements that are named after individuals in England are Georgia, North Carolina, South Carolina, Maryland, Delaware, Pennsylvania, Virginia and New York. Georgia was named out of appreciation for Englandââ¬â¢s King George II. North and South Carolina were both named out of appreciation for King Charles I. (Carolous is Latin for Charles). It is accepted that Lord Baltimore who got a sanction for what is currently the place where there is Maryland, named the state after Queen Henrietta Maria, spouse of King Charles I. Delaware was named by the Delaware Indians (otherwise called lenni-lenape) after the individual Lord de la Warr. The ââ¬Å"Keystone State,â⬠all the more generally known as Pennsylvania was named by William Penn to pay tribute to his dad. William consolidated the name Penn and Latin term Sylvania, which implies ââ¬Å"woodlandsâ⬠to think of ââ¬Å"Pennââ¬â¢s Woodlands.
Wednesday, July 29, 2020
Understanding Balance Sheets
Understanding Balance Sheets If you are running a business or you are considering investing in a company, understanding the business entityâs finances is crucial for success. Different financial statements are an essential part of getting to grips with the businessâ finances. One of the financial statements you are likely to come across is a balance sheet. © Shutterstock.com | max sattanaThis guide will walk you through (1) the definition of a balance sheet, (2) the main reasons you should use it and (3) tips for understanding and reading balance sheets. The guide will hopefully give you better tools for managing your businessâ finances or investing in companies with a healthy financial background.WHAT IS A BALANCE SHEET?A balance sheet is simply a financial statement that summarizes key financial elements from a specific period. It looks at three elements of the entityâs finances, which are:Assets,Liabilities, andShareholdersâ equityThe three sections are a snapshot of what the entity owns as well as what it owes. It also tells how much shareholders have invested in the entity. Therefore, a balance sheet is often referred to as a snapshot of the entityâs financial condition.As mentioned, the balance sheet typically looks at a specific point of time in the entityâs history. It is most often produced at the end of the entityâ s financial year or the accounting year.A balance sheet is often presented in the following formula:Assets = Liabilities + Shareholdersâ equityWho needs a balance sheet?A balance sheet can either be used to summarize the finances of a business organization or an individual. It is most commonly used for business purposes, either by corporations or other such business organizations or by a sole proprietorship or a business partnership.If the balance sheet is for an individual or a small business, the format used is a bit simpler. For larger corporations and businesses, the balance sheet often lists more information. Furthermore, larger business entities might choose to prepare different balance sheets for different segments of the business.What are the benefits of a balance sheet?While a balance sheet is not normally a part of a businessâ formal accounting statements, such as tax calculations, many businesses and individuals find it extremely useful. In short, a balance sheet is a great indicator of the businessâ financial health.Some of the key benefits of a balance sheet are tied around this understanding of the businessâ financial health. The below are the main advantages of producing a balance sheet if you are running a business, whether it is a small or a large organization.Overview of the businessâ financesAs already mentioned, a balance sheet gives an important overview of the businessâ financial position. More importantly, a balance sheet focuses on providing information on the businessâ current asset situation and the liabilities it still has. Therefore, it provides further financial information to a typical profit or loss statement.A balance sheet provides a more comprehensive picture because it looks at the future instead of just the current situation. For example, your profit or loss statement might show your business made a big profit in a given financial year. But the balance sheet will show whether you get to enjoy it or not, as yo u can see any incoming payments.Important information to benefit investorsThe above overview of business finances is naturally an essential aspect of how possible investors view your business. It can add much more information to investorsâ decision-making process and decide whether to invest to the business or not.Therefore, it can be a good way to attract investors to the business, as well as a crucial tool for investors. It is a good idea for the business to produce the balance sheet and present it to investors and other lenders in order to improve accountability and transparency.Makes it easy to prioritize financial liabilitiesFinally, as the balance sheet looks at the businessâ current liabilities, it can help the entity to decide how to prioritize these. For example, you are able to see all the short-term debt commitments and make better decisions on whether you need to improve your business profits or perhaps even look into getting more investment.THE BASICS OF A BALANCE S HEETIt is now time to turn attention to the key figures presented in the balance sheet and to look deeper into the formula behind a balance sheet. The section first looks at the personal balance sheet, which is often a simpler format to the business balance sheet, which will be dealt with later.The simple, personal balance sheetThere are three sections to a personal balance sheet, just as in the more complex business balance sheet. The key parts of the personal balance sheet deal with assets, liabilities and the ownersâ equity.AssetsThe assets of a personal balance sheet deal with current and non-current assets. Current assets include items such as checking accounts and savings accounts the individual or small business might have. It also lists long-term assets such as stock options and real estate.Sometimes the different assets are divided into current and non-current assets. Non-current assets are mostly these fixed assets, such as real estate and other such equipment. Non-curre nt assets are mostly assets that cannot be converted into cash in less than a year â" meaning they are long-term assets.For assets, such as real estate or stock securities, the value listed are always the current market value rather than a historical cost or cost basis value. This allows the asset value to be as accurate as possible.LiabilitiesNext the balance sheet will list any liabilities the individual or small business might have. Liabilities are the money the individual or business owes to outside parties, such as other suppliers, the banks and even the employees in the form of wages. These are again divided into current liabilities and long-term liabilities.In the case of individual and small business owners, current liabilities include any loan debt the business has due, as well as mortgage debt.On the other hand, long-term liabilities are often any mortgage or loan engagements, which are not due at the time of producing the balance sheet. As with long-term assets, the non- current liabilities refer to payments due at any point after one year.The ownersâ equityFinally, the balance sheet will list any of the ownersâ equity. The ownersâ equity can also be referred to as personal net worth, if the balance sheet is for an individual instead of a small business.The ownersâ equity is calculated by subtracting the total liabilities from the total amount of assets. It is therefore the money the business or individual could take if they ceased to be.A business balance sheetThe above balance sheet is a stripped down version of the businessâ balance sheet, which often includes more assets and liabilities that might not be needed for a small business owner. The basics are the same in both balance sheets.Here is a look at the three sections of a business balance sheet: assets, liabilities and the equity or capital of the business.AssetsThe assets are divided into two sections: the current assets and the non-current assets (fixed assets). Below is a list o f items listed in both of these sections:Current assets:Cash and cash equivalents â" these include most liquid assets of the company.Receivable accounts â" the money the customers still owe to the company.Marketable securities â" all equity as well as debt investments which have a liquid market.Inventory â" goods the business currently has in stock ready to sell. These goods are listed with the current market price or lower.Prepaid expenses â" the value that has been paid for, for example, in the case of insurance or rent.Long-term assets:Any long-term investments â" these are investments that cannot be liquidated in the coming year.Fixed assets â" land, machinery, equipment, and buildings, for example.Intangible assets â" these represent assets that arenât physical assets, but nonetheless, have value. Intellectual property, for example, would account as intangible asset. Notice that intangible assets like this are only listed in a balance sheet if the business acquires th em.LiabilitiesNext the business balance sheet looks at the liabilities. Again, the section is very similar to a personal balance sheet, with the exception that a lot more liabilities are usually listed in the business format.The business balance sheet makes the distinction between current and long-term liabilities. The following are the example items listed in both categories:Current liabilities:Current portion of long-term debt â" as above, the amount that is due or overdue.Bank indebtednessRent, tax and other utilities paymentsWages the business has to payInterest â" for instance, interest payments on debt.Customer repayments â" businesses might often need to repay an unhappy customer.Dividends payable to investors or shareholdersLong-term liabilities:Long-term debt â" the interest as well as principle on bonds the business might have issued.Pension fund liability â" many companies have a setup payment system for employeesâ retirement funds.Deferred tax liability â" if the re are any tax payments that have already been decided, but which wonât be payable for the next year, they are added into this section.Not all liabilities are mentioned in the business balance sheet. For instance, operating leases are a liability, which wonât appear on the balance sheet.Shareholdersâ equityFinally, the business balance sheet looks at the shareholdersâ equity. These are also referred to as the net assets of the business. The shareholdersâ equity is equivalent to the total assets of the business minus the total liabilities.In the business balance sheet the equity section can often have a number of different figures. The most common option is to divide the equity into the following sections:Retained earnings â" the net earnings the business uses to pay off its debt or used to reinvest in the business. The remaining is then distributed to shareholders in the form of dividend payments.Treasury stock â" if the company has stock that it has either repurchased o r never issued, it is listed here. It can be used to raise cash, prevent a hostile takeover or sold forward later on.Additional paid-in capital â" the figure the shareholders have invested in common stock or the preferred stock, with the value based on par value instead of a market price.In the formal sense, the shareholdersâ equity is part of the businessâ liabilities, as it is the equity the business âownsâ to its shareholders. Yet, liabilities are considered to be more restrictive and thus shareholdersâ equity is considered residual.An example balance sheetIn order to understand the visual presentation of a balance sheet, below is an example for you to use. There are naturally slight differences between the ways companies choose to present the information, but the example will give you a good understanding of the information discussed above.AssetsLiabilitiesCurrent assets · Accounts receivable $6,500 · Current accounts $2,300Current liab ilities · Wages $15,000 · Debt $1,200Non-current assets · Tools $5,000 · Real estate $30,000Non-current liabilities · Debt $15,000Total liabilities $31,200Owners equity · Capital stock $10,000 · Retained earnings/dividend $2,600Total ownersâ equity $12,600Total $43,800Total $43,800TIPS FOR INTERPRETING A BALANCE SHEETNow that you understand the different aspects of the balance sheet and the benefits of having one, it is a good idea to look at how to best interpret a balance sheet. Keep in mind that just like with many other financial statements, it is often helpful to view and compare balance sheets from different periods. This provides you a better picture of how the business has been able to develop and manage its assets and liabilities over the years.Here are some of the key tips and hints for making the most of the balance sheet.Understanding the balance sheet formul aAs mentioned at the start, a balance sheet uses a basic formula, which goes:Assets = Liabilities + Shareholdersâ equityWhat this means is the assets the entity uses to operate are balanced with the financial obligations the company has together with the equity investment the companyâs owners or shareholders make, as well as the earnings they take out. This means that the total amount of assets must always be the same as the liabilities and the equity added together.Furthermore, the shareholdersâ equity section can be calculated by taking the total amount of liabilities away from the total amount of assets.If the balance sheetâs figures donât add up, you can quickly tell that something is wrong with the figures listed in the balance sheet.Get to grips with current and non-current assetsIt also helps to understand the difference between current and non-current assets, as this can give deeper insight into the cash position of your company. Since current assets are assets tha t can be converted in a year or less into cash, a business with a healthy current asset section can easily counter any big debts or other such payments it might have.In addition, since non-current assets can include non-physical assets such as patents or copyrights, you need to be careful with the valuation they receive. Since valuation of non-physical goods is harder, you need to ensure the figure on the balance sheet doesnât over- or underestimate the value.Furthermore, make sure depreciation is calculated and deducted from most of your non-current assets. For instance, machinery and other such tools will likely lose its value over time. Depending on the country, there are different accounting rules for depreciation.Learn the differences between different liabilitiesAs well as understanding the differences between assets, youâll also need to learn the difference between different liabilities. As current liabilities refer to payments that are due within a year or less, you want to make sure the entity has the cash to pay these. At the same time, you donât want to keep growing the long-term liabilities for a long period.Keep in mind that any interest payments you need to make from long-term debts is always under the current liabilities, even if the majority of the actual debt sits under long-term liabilities.It is a good idea to check the current liabilities against the current assets. If your current liabilities are larger than your current assets, you are running into financial difficulties.Analyze the balance sheet with ratiosFinally, for a deeper understanding of what the balance sheet is telling about the financial health of the business entity, you need to use financial ratio analysis. This means using different formulas to highlight the financial performance of the entity.There are different types of ratios you can use. Some rations might even require you know certain information from other financial statements for the entity, such as the income s tatement.The most basic financial ratio to use is the debt to equity ratio. This shows you the financial condition of the company and its operational efficiency. It can be calculated with the following formula:Debt â" Equity ratio = total liabilities/shareholdersâ equityYou can find out more about the debt to equity ratio from the below YouTube video: Other common ratios you can figure from the balance sheet are financial strength ratios and activity rations. Here are some of the formulas for calculating these figures:Working capital = current assets â" current liabilitiesQuick ratio = (current assets â" inventory) / current liabilitiesDebt to total assets = total debt / total assetsThe above ratios are just some of the main examples that help you better understand the balance sheet, as well as to use it for understanding the business entityâs finances better. Whether you are an investor or a business owner, understanding the balance sheet can help you make better financial d ecisions.
Friday, May 22, 2020
Y183 Tma01 - 1258 Words
Module: Y183 ââ¬â Assignment: TMA01 Task 1 How can the way in which we organise our thinking by using mental images, concepts and schemas help us improve our memory? Part A Sketch out a plan for an essay to answer the above question. Introduction: - what is the task? - how do I plan to address it? - split into 3 areas - definition of each - evidence of each Mental images: - definition - what they can be used for ââ¬â examples - studies / evidence Concepts: - definition - uses - examples - studies / evidence Schemas: - definition - uses - examples - studies / evidenceâ⬠¦show more contentâ⬠¦They read out a passage to a number of participants, only half of whom were given a title for the passage. Those who were not given the title found it difficult to understand what the passage was about, as well as trying to remember the details of it afterwards. Those who were given the title however, understood it easily, thereby showing that having the title gave them a schema which helped them understand and organise the information provided, and therefore made it easier to remember the details. In conclusion, I have looked at how we think and shown that by organising our thoughts we can improve our memory. Mental imagery allows us to use pictures, concepts allow us to categorise information, and by developing schemas we can compartmentalise relevant information about specific things. (Word count: 990) References: Spoors, P., Dyer, E.W. and Finlay, L. (2011) Starting With Psychology, Milton Keynes, The Open University. Task 2 Write no more than 150 words in total for this task. What did you find easiest and what did you find most difficult about doing this assignment? Why was this? I found it quite easy to plan what I wanted to include in my essay generally, but it was more difficult to narrow it down to the most appropriate extracts from the book to give the best examples. I also enjoyed trying to think of my own examples, but did not find this easy. What could you do to make the difficult area easier in the future?Show MoreRelatedY183 Tma011122 Words à |à 5 PagesThere are various ways in which we can organise our thinking. These can be helpful when we are trying to improve our memory or when trying to recall things from the past. The three ways I am about to explain are all similar in the way we organise our thinking, and can be a powerful aid to our memory. Each point is backed up with evidence to support this. One of the ways we organise our thinking is by using mental images. By forming a mental image, we are thinking about something by constructing
Saturday, May 9, 2020
Top Enduring Issue Essay Samples Reviews!
Top Enduring Issue Essay Samples Reviews! Where to Find Enduring Issue Essay Samples As you already see from the above mentioned persuasive essay samples, these forms of papers can be quite different. You may use the documents supplied to support your additional info. Do not conceal facts, but you should be cautious when you present information from several sources, especially if it's contradictory. When you're selecting an essay topic, it is necessary to pick one that has a lot of information and statistics to strengthen your standpoint, nor exaggerate any info you've chosen to write about. There are several good persuasive essay topics to select from. The simplest approach to compose a decent persuasive essay is to chose a topic you're confident in. You cannot compose an ideal enduring issues essay should you not create a compelling thesis. The very best persuasive short essays often concentrate on controversial problems. Each paragraph should have a topic sentence. Your paragraphs need to have a topic sentence each and they should all be connected to the central enduring matter. Qualities of an excellent persuasive essay topic The topic needs to be specific. Selecting an excellent topic for your essay is among the most essential and frequently tricky parts for many students. Type of Enduring Issue Essay Samples This wikihow is going to teach you just how to compose a letter of application for employment from preparing writing and finishing. The work application essay is where you're in a position to showcase your experience and techniques that fulfill the needs of the work position you're applying for. The very first challenge is to work out the way to give technology users with some direly-needed direction. Search for any changes as time passes. In most high schools, your capability of writing this kind of essay is going to be evaluated in class. To begin with, growing prosperity in many sections of earth has increased the amount of families with money to put money into their kids' future. A student ought to keep in contact with the hottest trends and know which persuasive essay topics are related to sound convincing in regards to defending personal opinions. There are many persuasive essay examples college students are able to make use of online. Enduring Issue Essay Samples - the Conspiracy Folks realize the worth of very good well-being, and that is the reason why folks are spending a good deal of time doing research searching for the cure to unique illnesses. The main reason is you will not be healthy enough to do the things you like doing but will be limited. You must also demonstrate the way the issue has affected people or has been affected by men and women based on the issue chosen. As a way to do this paper, you might want to narrow the issue you're thinking about so you could cover the idea more effectively. The target of a persuasive essay is to convince your readers your viewpoint is the appropriate viewpoint. Observe that the objective of a persuasive speech is just like the purpose for writing an argumentative or persuasive essay. The simplest way to fix the sort of an essay is to realize the writer's point of view. If you're terrified of speaking in public, writing a persuasive essay for a specific audience is the best way to remove this fear. Naturally, the prominent issues in a particular era happened due to a reason. The main reason behind such support is to maintain the government focused on fighting one enemy away from the United States boundaries. Discuss either side of the argument and provide your own opinion. Go beyond the notion of racial discrimination and consider the thought of equality of opportunity. In either instance, you should supply compelling evidence that the matter is significant and deserves attention. It's advisable to opt for a problem that you are able to expand on. You can also th ink about nested troubles. For instance, if you decide to go over the human trafficking issue mentioned previously, you can follow two pathways. You may be rich but if you've got a terrible personality people don't wish to be associated with you. It is possible to then practice replicating successful connections between ideas in your practice essays. Persuasive essay topics don't always need to be of a severe nature, you can write about things which are linked in your life. The main element which produces a persuasive essay in English stand out from the remainder of assignments is the use of reasoning. Making the completion of private finance coursework a requirement for graduation would guarantee that young people today are at least aware of the fundamentals of keeping up a financial stability. For that reason, it's imperative to learn how to approach any issue with a strong focus on solving it. While attempting to know how to compose a persuasive essay step-by-step, studen ts forget about another crucial activity. They have to write essays depending on the teacher's instructions or their desired style in writing. While there is absolutely no one correct method to compose these essays, this page will show you some great practices to think about when learning how to compose a persuasive essay. Now that you're acquainted with writing a DBQ essay, it wouldn't be too challenging in your part to compose a great and robust essay to land yourself a superior grade. Just adhere to the guidelines stated above, and you will be well on your way to writing a fantastic persuasive essay. How to compose my essay yourself for a work application examples. Keep reading for a discussion of the various ways this essay meets the requirements for an ideal score. Weave in your perspective to earn your essay unique. In this manner, you will be in a position to know for sure what your essay is all about before devising your thesis. It's important to define such an academic essay correctly to learn how to compose a persuasive essay.
Wednesday, May 6, 2020
Principle Agent Moral Hazard Free Essays
The major issue was that the commercial banks overstressed in such mortgage backed securities. Another part of the story Is that Basel I accords are credited with giving seeds to the idea of all things that could lead to recession and Basel II Is credited with magnifying Its Impact. Formed In 1988 and adopted by 1992, Basel I accords were a set of rules and regulations, to be adopted by GIG countries, that allotted different risk ratings to various types of assets held by banks. We will write a custom essay sample on Principle Agent Moral Hazard or any similar topic only for you Order Now Assets, here, referred to bonds, mortgages undo etc. It took a long time for the economies to realist the problems associated with such types of system. For example, in such a framework a commercial bank was permitted to keep aside no liquid capital if it had all government bonds or gold as assets. This was so because such assets were considered safe. Further, it was required of them to keep aside small percentages of capital for every mortgage, commercial loan or bonds they Issued. With the introduction of Basel 2, the list was expanded to bonds backed by debts like ar or property loans and yet had to keep only a 2 percent of spare capital. Flip side to this was that the bonds ought to have AAA or AAA credit ratings from the government. Statistics tell that Just prior to the recession, 81 percent of all Mortgage backed securities held by the commercial banks had AAA credit rating. Further, 93 percent of all mortgage-backed securities held by these banks had AAA credit rating or held bonds Issued by a government-sponsored enterprise. Now this Is where the role of moral hazard comes Into play. When Basel I and abstinently Basel II accords were Introduced, the primary aim of the developed economies was to encourage consumer spending and Investments by the banks. It was not completely unforeseeable for everyone to realize that backing debt or junk manipulating credit ratings, economies tried to create a self-fulfilling system that provided for feed as well as fed upon its own. The bankers were in turn incentives to take risks of high magnitude, with all the depositorsââ¬â¢ money in hand, believing that there is a government always backing them. Soon the entire system gave away. This created a bigger moral hazard. How to minimize such problems? TO reduce such a problem of Principal Agent problem leading to recession, it is imperative that the regulators are on their toes. In USA, SEC did not take proper steps to ensure that the Rating agencies donââ¬â¢t rate securities high without any strong backing to do so. Also the FIDE, the Fed, the Comptroller of the Currency, and the Office of Thrift Supervision relied blindly on the ratings given by the Credit rating agencies. Therefore, all rules and regulations given under law should be implemented properly and Justly by the regulators. The government should also ensure the timely passage of relevant legal provision and bills. Also, although Basel Ill accords have been adopted and implemented by most of the countries and the deadline is 2019 for it, the present market conditions show that the Minimum Capital requirements need an overhaul as well. Hence, Basel 4 could be started to be worked upon with refined changes and the governments should follow the rules under such requirements. How to cite Principle Agent Moral Hazard, Papers
Tuesday, April 28, 2020
Methods of Warfare in 1st World War free essay sample
What methods of warfare were used in World War 1 and how did they change over the duration of the War? German Plan: In 1914 when war was declared Germany soon thought of a plan that they thought would win them the war known as the Schlieffen Plan which was soon put into action. The plan was if they could send all their troops through Belgium into France and take France within a matter of weeks before the Russian army was mobilised they could send all their troops to face Russia when Russiaââ¬â¢s forces had fully mobilised. And so have a better chance of defeating Russia. Germany estimated it would take six weeks to conquer France and Belgium leaving them time to move their troops to the Eastern Front before Russia was fully engaged in the war. French Plan: In 1914 when war broke out the French followed their Plan 17 which was to send all their troops charging across the frontier and attack deep into Germany forcing the German soldiers to surrender. We will write a custom essay sample on Methods of Warfare in 1st World War or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page And so the French launched an attack on German forces in Alsace-Lorraine, the French troops were cut down by German machine gun fire and artillery, within 12 days 200,000 French troops had been killed forcing them to abandon the plan and retreat to Paris. British plan: In order to help out the French Britain created a small force they planned would help the French troops stop the Germans and so England sent the British Expeditionary Force (150,000 professional trained, well equipped troops) in 1914 to France in order to hold off the German forces and to hopefully help beat back the German troops. Unfortunately in September 1914 the BEF were pushed back to Marne where they and the French stopped the German advance and pushed them back to the River Aisne. It was here where both sides dug themselves in in trenches leading to a large stalemate between both sides. Trench Warfare: During the First World War trench warfare was the most common type of warfare used, due to the fact that tanks had only recently been created and aircraft were not very developed. The trenches stretched from the sea at Ostend all the way to the Alps. These trenches caused a stalemate due to the fact that taking an enemyââ¬â¢s trench was extremely difficult because they were well defended by many machine guns that would kill any incoming infantry. Machine were large, heavy guns that were devastatingly effective as defensive weapons as they could fire eight bullets per second killing platoons of soldiers in minutes if they went over the top. During the war artillery caused the most casualties as they often destroyed enemy positions and killed the soldiers within them. Even though the enemy would just go deep into the trenches underground where they would be safest from the bombs. Artillery guns were very inaccurate at the beginning of the war but by the end of the war artillery was more powerful and much more accurate. A key weapon used to drive enemies out of the trenches was poison gas. The gas could be in a grenade that could be chucked into a enemy trench or fired in an artillery shell or even dropped by plane. The gas tended to be chlorine causing soldiers to struggle to breathe or mustard gas that blinded or killed its victims. Lastly the trenches were very unhygienic, full of dead bodies and gunge of mud and blood on the floor. This meant bacteria and infections spread very quickly and so diseases were common which took the lives of many soldiers on both sides. Land Warfare: Before the war Land warfare was only infantry and artillery but British inventors in 1914 thought of the idea of the tank, which they took to generals, but was rejected as though it would be impractical but Churchill disagreed and funded the project. Tanks were first used two years later in the Battle of the Somme; they advanced ahead of the infantry crushing the enemiesââ¬â¢ defences and then spray the enemy with machine gun fire. Seeing this the British morale was boosted as they thought Tanks could lead to the breakthrough that will win them the war. Unfortunately the tanks were very slow, not very maneuverable and unreliable as many tanks broke down before they reached the enemy. The first real success for tanks was at Cambria in 1917 where they easily broke through enemy lines but the infantry behind couldnââ¬â¢t keep up. By the end of the war both forces were using armor piercing machine guns and adapted field guns to destroy tanks meaning tanks werenââ¬â¢t as invincible as they thought they were at the beginning of the war. Air warfare: In 1914 planes had only recently been invented and so at first they were very simple and used to fly over enemy targets or trenches etc, and take pictures, which they would then take back to head quarters. When planes were seen taking pictures enemy aircraft would try to shoot them down, at first the pilot would fire pistols and rifles from their planes at their enemy as they hadnââ¬â¢t though of a way to shoot in-between the propeller without hitting and braking the propeller. It was not until April 1915 they had fixed this problem by fitting a machine gun that was synchronized so that bullets missed the propeller and by 1918 spectacular dog fights were taking place in the air with more advanced airplanes with more advanced weapons that played a large part in slowing down the German advance. So in four years the Royal Naval Air Service and Royal Flying Corps had gone from having 37 planes to 23,000 planes but really the air war was little compared to the war at land and sea. Sea Warfare: Lastly before the war Britain had the largest fleet of advanced ships in the world that belittled the German fleet. Throughout the war there were very few battles on the sea. British Ships were used more for blockading German ports and supply lines hoping this would cause Germany to run out of resources and surrender. The only major sea battle was the Battle of Jutland where the British fleet lost 14 ships but destroyed 11 German ships and successfully maintained the blockade. Throughout the war Germany used its U-boats to destroy merchant ships and allied war ships, at first the U-boat would warn the ship it was about to be attacked but this convention was abandoned later in 1915. To stop the losses of Allied ships, Britain created: Q-ships that looked like merchant ships but had heavy guns on board; Mines to stop U-boats going through the English channel; Depth charges that sometimes when dropped hit U-boats and destroyed them; Convoys to protect merchant ships and Long-Range aircraft to protect the convoys.
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