Tuesday, January 21, 2020
Dorm Life Each year students entering college face one of the biggest transitions they will ever have to encounter in there life, moving into a dorm room. Most students are use to living in a house with there family and most likely having there own bedroom and own bathroom. Now as they begin college, the students move in with complete strangers, and share a bedroom and maybe a bathroom with one to three other people. Adapting to this new environment might take a lot of time and patients for this college student to adjust and feel comfortable. Finally after adapting to this new life the college students begin to enjoy this new environment. In this paper I am going to talk about and explain some of the steps of this transition to dorm life and give some of my experiences. Just think about growing up and having your own bedroom that was twelve feet by eighteen feet, then all of a sudden you go off to college and you are sharing this same size bedroom with three other girls. Most people would feel very crammed and uneasy at first. This is exactly what happened to me. Even though I knew two out of three of my roommates it still felt uncanny. In our bedroom we had four beds that could not be bunked, a TV stand and TV, and we also had four night stands by each of our beds. Built in one wall of the bedroom were a mirror, sink, and some drawers. This dorm room also had a living room (which was the same size as the bedroom), where we each had our own little desk area for our computers and what not. The fourth roommate decided to bring her own desk even though she had another desk to use. This desk took up a lot of space that we did not have. We also had a futon, papazon chair, trunk, refrigerator, microwave, and storag... ... life is all the memories you get to make. The late night conversations with your roommates about life and your future goals are the best. Cheering up your roommate by doing something funny to make them laugh after a bad day of classes. Its always great to be cheered up by someone who has got to know you in a short period of time but has also got to see almost all side of you. Movie marathons on those rainy days with the roommates to pass the time always keep me out of the state of boredom. These are just a few things that students store in there dorm life memory box. College is not all about the studying, and classes, it is the life outside of classes, the dorm life. Dorm life is not all that bad once the college student gets use to the small room and having to share it with one to two other peers. Most likely the good times out weigh the bad by a lot.
Monday, January 13, 2020
Mullah Mohammed Omar is one of the most influential and devoted spiritual leaders and founders of the Taliban movement in Afghanistan. Along with Osama Bin Laden and other Islamic activists, he was behind the 9/11 attacks. Currently, as he fled into hiding and remains at large, Omar is considered to be a serious threat to the USA and its allies. That is why he is among the Ã¢â¬Å"Most WantedÃ¢â¬ terrorists, and American Government is ready to pay up to 10 million dollars for any true information bringing to his capture (Rewards for Justice). Born in 1959, he participated in the resistance battles against the Soviet Union army in the Afghan War and was wounded. After the collapse of Soviet regime in Afghanistan, Omar and a group of his loyal supporters (including Bin Laden) organized the Taliban movement. In 1996 this organization, led by former military commanders, took over the power in Afghanistan, making Omar the Ruler (Emir) titled Ã¢â¬Å"Commander of the FaithfulÃ¢â¬ .Ã He imposed a very tough version of Islamic laws and unlimited severity upon the country. Omar expressed support of devastating attacks on the US in 2001. Like all Taliban leaders, he revealed his extremist viewpoints on the policies of the US. In his interviews right after the tragic events of September 11, he repeatedly underlined seriousness and brutality of terrorist plans: Ã¢â¬Å"..The real matter is the extinction of America..Ã¢â¬ (BBC). Ã¢â¬Å".. Everyone is afraid of America and wants to please it. But Americans will not be able to prevent such acts like the one that has just occurred [9/11]..Ã¢â¬ (The Guardian). After the attacks Omar is reported to shelter Bin Laden and his al-Qaeda activists in Afghanistan. But in the end of the year 2001 he was forced to break away from his residence in Kandahar during the military operation. Despite the fact that his current location is unknown, Mullah Omar continuously releases some politically daring or threatening statements, which are delivered by his messengers and spokesmen. Recently he is alleged to hide somewhere on Pakistan territories. Bibliography: Ã ·Ã Ã Ã Ã Ã Ã Ã Ã Ã¢â¬Å"Interview with Mullah Omar.Ã¢â¬ BBC News. Official Web-site of BBC. 24 Aug. 2001. 03 Nov. 2007 . Ã ·Ã Ã Ã Ã Ã Ã Ã Ã MacDonell, Pat. Ã¢â¬Å"Mightier Than the Sword.Ã¢â¬ The Middle East 1 Feb. 2007: 75. Ã ·Ã Ã Ã Ã Ã Ã Ã Ã Ã¢â¬Å"Mullah Omar in His Own Words.Ã¢â¬ The Guardian 26 Sept. 2001: 46. Ã ·Ã Ã Ã Ã Ã Ã Ã Ã Rashid, Ahmed. Ã¢â¬Å"Taliban: Militant Islam, Oil, and Fundamentalism in Central Asia.Ã¢â¬ New Heaven, CT: Yale University Press, 2003. Ã ·Ã Ã Ã Ã Ã Ã Ã Ã Ã¢â¬Å"Wanted. Mullah Omar.Ã¢â¬ Rewards for Justice Program. US Department of State. 03 Nov. 2007 .
Sunday, January 5, 2020
Devonta Johnson Prof. Olojo CHE 102 November 30, 2016 Drugs In pharmacology, a pharmaceutical drug, also called a medication or medicine, is a chemical substance used to treat, cure, prevent, or diagnose a disease or to promote well-being. Traditionally drugs were obtained through extraction from medicinal plants, but more recently also by organic synthesis. Pharmaceutical drugs may be used for a limited duration, or on a regular basis for chronic disorders. Pharmaceutical drugs are often classified into groups of related drugs that have similar chemical structures, the same mechanism of action, a related mode of action, and that are used to treat the same disease. The Anatomical Therapeutic Chemical Classification System (ATC), the most widely used drug classification system, assigns drugs a unique ATC code. Another major classification system is the Biopharmaceutics Classification System. This classifies drugs according to their solubility and permeability or absorption properties. Medicinal chemistry and pharmaceutical chemistry is a branch of chemistry, especially synthetic organic chemistry, various other biological specialties, or bio-active molecules. Compounds used as medicines are most often organic compounds, which are often divided into the broad classes of small organic molecules like atorvastatin and fluticasone. Inorganic and organ metallic compounds are also useful as drugs. These compounds include lithium carbonate and gallium. In particular, medicinalShow MoreRelatedPeople Used Plants For Medicine Way Before Pure Chemicals1311 Words Ã |Ã 6 Pagesingredients derived from plants for use of drugs and medicines. Examples of this are Anabesine which is a skeletal muscle relaxant and it is sourced by the plant named Anabasis sphylla. Another example is Codeine which is an analgesic and it comes from the planted called Papaver somniferum known as the poppy. Animals Ã¢â¬â most of prescription medications and drugs contain products derived from animals, such as cow or pig. Examples of medications and drugs that contain ingredients from animals areRead MoreDrug And Medicine Of The Medical Field And Classification Of Medicine1368 Words Ã |Ã 6 Pages A drug is any material that modifies the central nervous system, brain chemistry or bodily functions. There is no single definition since there are different definitions of the word drug, with regard to medicine, government and street usage. Dictionary.com gives the drug meaning as a chemical substance used in the treatment, cure, prevention, or diagnosis of disease or used to otherwise enhance physical or mental well-bein. pharmacotherapy is an important part of the medical fieldRead MoreThe Security Of Pharmaceutical Use Essay1466 Words Ã |Ã 6 Pagesin the essential consideration settings. Over the top utilization of anti-toxins is the major danger component for the impro vement of anti-infection resistance. Classification of drugs according to their safety for administration by children : Of the aggregate calls concerning the utilization of medications in the examined period, drug mistakes submitted by human services experts were broke down reflectively from the electronic database of the TIC, which gathers records for each toxicological requestRead MoreWto and Its Impact on Indian Economy11045 Words Ã |Ã 45 Pagesand Trade (GATT) 1947 and its successor, the World Trade Organization (WTO), which came into effect on 1.1.95 after the conclusion of the Uruguay Round (UR) of Multilateral Trade Negotiations. IndiaÃ¢â¬â¢s participation in an increasingly rule based system in the governance of international trade is to ensure more stability and predictability, which ultimately would lead to more trade and prosperity for itself and the 134 other nations which now comprise the WTO. India also automatically avails ofRead MoreIndiaÃ¢â¬â¢s Export-Import11594 Words Ã |Ã 47 PagesThough free trade, theoretically, offers several advantages, in reality, particularly unde rdeveloped countries were at a disadvantage in such a system of international trade. As a result, in the early 20th century, international economy saw the emergence of protective trade policies. A protective trade policy pursued by a country seeks to maintain a system of trade restrictions with the objective of protecting the domestic economy from the competition of foreign products. Protective trade policy constitutedRead MorePharmaceutical Price Controls in the Oecd Countries47662 Words Ã |Ã 191 Pagesii U.S. Department of Commerce, International Trade Administration Contents Executive Summary vii 1 Introduction 1 2 Drug Price Regulations in Selected OECD CountriesÃ¢â¬âAn Overview of the Issues 3 3 Price And Revenue Effects 10 4 Impact of Deregulating Prices on Research and Development, Innovation, and Consumers 25 Appendix A: Technical Methodology 35 Appendix B: Drug Pricing StudyÃ¢â¬âFederal Register Notice Responses 49 Appendix C: Report on Pharmaceutical Markets in 11 OECD Countries 57 PharmaceuticalRead MoreArmy Regulation 190Ã¢â¬â5137102 Words Ã |Ã 149 Pagesdifferent construction being equal to or greater than the response time (app B). o Adds intrusion detection system requirements in some situations to increase delay after detection (para B-1). o Consolidates all marking requirements (app C). o Authorizes exact replication of any DA or DD forms prescribed in this regulation generated by the automated Military Police Information Management System in place of the official printed version of the form (app A, sec III). Headquarters Department of theRead MoreThe Boeing Company 2007 Annual Report61846 Words Ã |Ã 248 Pagesjetliners and military aircraft combined, providing products and tailored services to airlines and U.S. and allied armed forces around the world. Our capabilities include rotorcraft, electronic and defense systems, missiles, satellites, launch systems and advanced information and communication systems. Our reach extends to customers in more than 90 countries around the world, and we are a leading U.S. exporter in terms of sales. With corporate offices in Chicago, Boeing employs more than 159,300 peopleRead MoreEssay on Porters Diamond Model29755 Words Ã |Ã 120 Pagesarchival data from the COMTRADE data base of the United Nations was used. To extract the data for each industry, the Industrial Trade Classification (SITC) Revision 3 was used. This version is more current and detailed than the version SITC Revision 2 used in the analysis of the countries in The Competitive Advantage of Nations (1990, p743). This Industrial Classification allows an analysis to reach into increasing detail as required: industry, sub-industry, sub-sub-industry. The majority of the analysis
Saturday, December 28, 2019
Right for Religion in Three Differing Societies Humans are known to be intelligent creatures that have the intellectual power to create anything, but they can never form a general consensus of what rights a human can receive. Of course this is the case because Earth harbors three absolutely different societies that divide our ideals and opinions on vast topics.In regards to this is the freedom to create or express oneÃ¢â¬â¢s religion, otherwise known as the freedom of religion, is no exception. The three societies are understood and labelled by three English scholars, Neil Curtis, Jack Donnelly, and Nicholas Gane. One of the scholars,Neil Curtis, distinguishes the Inhuman society as evil, a challenge to the modern human, tyrannical, malicious, and lacking morals and standards. Nicholas Gane establishes the Posthuman society as geared to artificial progression, valuing artificial automated heartbeats rather than natural ones. Lastly, Jack Donnelly describes our current society as a society that must establish laws and must abide by the documents they write in order to protect themselves. What these authors didnÃ¢â¬â¢t mention in their texts is how the freedom of religion may be expressed or tolerated in these societies.Using Nicholas GaneÃ¢â¬â¢s Posthuman, Neil CurtisÃ¢â¬â¢ Inhuman, and Jack DonnellyÃ¢â¬â¢s The Concept of Human Rights, I will argue how the freedom of religion is expressed from these vastly different current societies. I believe that in a Posthuman society, the freedom of religionShow MoreRelatedDemocracy843 Words Ã |Ã 4 PagesDemocracy Essay 1 Democracy is a means for the people to choose their leaders and to hold their leaders accountable for their policies and their conduct in office. The key role of citizens in a democracy is to participate in public life. Democracy is also a system of rule by laws, not by individuals. Democracy is not a government. It is a way of thinking and a responsibilityRead MoreThe Declaration Of The Rights Of Man And Citizen1554 Words Ã |Ã 7 PagesDeclaration of the Rights of Man and Citizen, adopted in 1789 by the National Assembly, explicitly defines Ã¢â¬Å"the natural, unalienable, and sacred rights of manÃ¢â¬ (Declaration, p. 1). Two philosophers, Jeremy Bentham and Karl Marx, object the document, especially its usage of natural rights, by presenting different arguments against its language and function. Bentham centers his argument around the DeclarationÃ¢â¬â¢s promotion of anti-legal rights and its vagueness in description in his essay Ã¢â¬Å"Anarchical FallaciesRead MoreSalvati on Essay617 Words Ã |Ã 3 PagesSalvation Living in a country where we are entitled to freedom of religion, many of us have grown to have our own beliefs and ways of viewing religion on a whole. There are others who have been pressured by family or friends to believe in God and him alone. Sometimes with the pressure of others, we can begin to believe in something that we truly do not feel is right. In the essay Ã¢â¬Å"SalvationÃ¢â¬ by Langston Hughes, the main character faces a struggle of wanting to be saved by God. Does he want to beRead MoreMulticulturalism : A Multicultural Perspective On Or A Way Of Viewing Life1429 Words Ã |Ã 6 Pagesallowed to thrive in a single society. In his reading Parekh, explains in depth the reasons behind why cultural differences should be respected and tolerated. The main point of ParekhÃ¢â¬â¢s essay is how multicultural societies are bound to create situations of disagreement between communities and create crisis. ParekhÃ¢â¬â¢s essay involves weighing in on particular cultural tr aditions against the values of the larger multicultural society, that is, the balancing of diverse forms of Ã¢â¬Å"thickÃ¢â¬ and Ã¢â¬Å"thinÃ¢â¬ considerationsRead MoreThe Era of Enlightenment1074 Words Ã |Ã 4 Pages many intellectuals began to question some of the norms and customs of European society, such as monarchy and religious discrimination. These intellectuals helped spread new ideas about human rights and democracy, which helped inspire the revolutions that followed. As stated by Immanuel Kant in his essay, What is Enlightenment?, enlightenment is the realization of people to think for themselves. He believed that most people were too afraid and too lazy to use their own judgments, and instead reliedRead MoreA Separation of Church and State Ensures our Individual Freedoms1129 Words Ã |Ã 5 Pages Religion has no place in politics, therefore, church and state must remain separate if we are to preserve our individual freedoms. The United States of America is a land of great diversity and a nation built on equality. In order to explore religion and politics in America, we must first begin with our countrys roots in 17th century Europe. At the time there was heavy conflict, over religion, involving the Catholics and the Protestants of England. They were two different religions, butRead MoreA3 Civil Rights Citizenship And Participation1216 Words Ã |Ã 5 PagesÃ¯ » ¿ Unit 3: Civil Rights, Citizenship, and Civic Participation This Unit Activity will help you meet these educational goals: Inquiry SkillsÃ¢â¬âYou will identify and analyze real-world public problems, contribute appropriately to public deliberations, evaluate and use evidence, develop explanations and make persuasive arguments in support of your conclusions, and communicate your conclusions. 21st Century SkillsÃ¢â¬âyou will employ online tools for research and analysis, use critical-thinking and problem-solvingRead MoreHuman Rights : Polished Synthesis Essay1251 Words Ã |Ã 6 Pages4005 01 Nobember 2017 Word Count: How Democracy Relates to Human Rights: Polished Synthesis Essay Democracy is a device that insures we shall be governed no better than we deserve. This synthesis essay is analyzed from two essays. The first essay that was written in 1788 by James Madison is titled The Bill of Rights. The second essay that was written in 1835 by a French aristocrat Alexis De Tocqueville is titled The Idea of Rights in the United States. Tocqueville wanted to analyze the democracyRead MoreThe Progress Of Invention During The Past Fifty Years1117 Words Ã |Ã 5 Pagesthe importance of religion in how our world has progressed, I would argue that religion has been holding us back from our full potential in terms of science and technological innovation and practice of free will. It has been a settled belief that God created the world and everything that we need is included in His creation. If we did not step outside that idea and started our own creations, the human experience would be entirely different. Like what Edward Byrn said in his essay, The Progress ofRead MoreThe Articles Of Confederation As A Unified Country1030 Words Ã |Ã 5 Pagesabuses of liberty as well as the abuses of power.Ã¢â¬ In 1788, the book The Federalist, a collection of 85 essays written by Alexander Hamilton, John Jay, and James Madison, was completed. The essays in The Federalist were written to gain support for the ratification of a new constitution to replace The Articles of Confederation. The essay, The Federalist No. 51, Madison explains how the rights of the people will be ensured by a system based on the Ã¢â¬Å"separation of powers.Ã¢â¬ Adams believed that a republic
Thursday, December 19, 2019
As the tragedy concludes, the chorus issues its final words: Pray for no more at all. For what is destined for us, men mortal, there is no escape, demonstrating how justice remains impartial to the prejudice of men; those who make imprudent judgments will ultimately suffer from the consequences of their actions. In Sophocles Antigone, these prejudices notably surface in the form of paternalism as demonstrated through Creons government, highlighting the importance of gender roles throughout the play. Therefore, analyzing the motif of gender roles and its effect on the definition of justice through the perspectives of Ismene, Antigone, and Creon enables the audience to understand how Sophocles macroscopic analogy to humanitysÃ¢â¬ ¦show more contentÃ¢â¬ ¦Sophocles uses negative diction such as murderous, clamor, and blood to depict the chorus emotional trauma from the civil war as the civilians heavily depend on a strong leader to recover their morale. Creon exploits the fear of his people as he keeps his [intents to regain pride] under lock and key, glamorizing his actions as endeavors to defend Thebes. Instead of considering the peoples interests, he seeks vengeance towards those who have wounded his pride. In fact, he accuses Teiresias, the most insightful messenger in Sophocles plays, of yielding to greed for material wealth when Teiresias warns Creon of the consequences of his actions. Creons decision to use any legal means...both about the dead and [living] (168) demonstrates how his appetite for revenge ultimately transforms any of his noble intents to protect Thebes into a mere conflict for power, particularly worsened by Antigones rebellious actions; instead of trusting the gods to punish Polyneices, he uses his authority to indulge in his vengeance. Within the play, Creon blatantly states: We cannot give victory to a woman. If we must accept defeat, let it be from a man; we must not let people say that a woman beat us (187). While, in light of the moral standards within Greek society, his rationale may have beenShow MoreRelatedAntigone By Sophocles Antigone1525 Words Ã |Ã 7 Pagesnothing that the gods demandÃ¢â¬ (1349-1350). SophoclesÃ¢â¬â¢ Antigone takes place in a trying time for the city of Thebes, when Oedipus, their king, and most of the royal family have died, and Creon has just been appointed the new king. Throughout the play, Creon tries on his power as the new ruler, and seems to believe that the gods will not be angry with some of his choices as king, even though they directly violate the divine law. However, in Antigone, when there is a conflict between the divine law andRead Moreantigone987 Words Ã |Ã 4 Pageshamartia and lastly they need to realize their mistakes and accept their consequences. In Antigon e, there are two main characters that fit the criteria of a tragic hero, but only the protagonist, Antigone meets all of the conditions. Antigone meets the second requirement of a tragic heroine, by fulfilling the criteria of being neither entirely good nor completely bad. In the opening of the play, Antigone asks her sister, Ismene to help her give Polynieces a proper burial but Ismene disagrees becauseRead MoreThe Choices Of Antigone And Sophocles Antigone1560 Words Ã |Ã 7 Pagesthat Antigone and Creon face in SophoclesÃ¢â¬â¢ Antigone differ, their decisions often end up pitted against each otherÃ¢â¬â¢s, inviting comparison. Since I am juxtaposing the charactersÃ¢â¬â¢ degrees of rightness, I believe that the rightness of the reasoning, not just their ultimate stances, should be examined. The entirety of his or her argument, not just the conclusion, must be taken into account. IÃ¢â¬â¢ll also note that my perspective of rightness could and does conflict with that of the gods in Antigone and SophoclesRead MoreCharacterization of Antigone in Sophocles Antigone2448 Words Ã |Ã 10 PagesSophoclesÃ¢â¬â¢ tra gic drama, Antigone, presents to the reader a full range of characters: static and dynamic, flat and round; they are portrayed mostly through the showing technique. In Ã¢â¬Å"SophoclesÃ¢â¬â¢ Praise of Man and the Conflicts of the Antigone,Ã¢â¬ Charles Paul Segal takes the stand that there are two protagonists in the drama (which conflicts with this readerÃ¢â¬â¢s interpretation): This is not to say that there are not conceptual issues involved in the characters of Creon and Antigone. But the issues areRead MoreAntigone Summary771 Words Ã |Ã 4 Pagesunburied to rot. Antigone was dejected with CreonÃ¢â¬â¢s ruling and decided to bury Polynices herself. She tried to enlist Ismene to help her, but Ismene was to afraid. Antigone furiously continued with the plan on her own. A sentry discovered Antigone and brought her to Creon. Ismene was also brought to Creon and confessed that she had helped Antigone with the burial rites of Polynices. Antigone stopped Ismene and told her not to admit to an act that she had not committed. Antigone took sole responsibilityRead MoreAntigone2454 Words Ã |Ã 10 PagesAntigoneÃ¢â¬â The Characterization SophoclesÃ¢â¬â¢ tragic drama, Antigone, presents to the reader a full range of characters: static and dynamic, flat and round; they are portrayed mostly through the showing technique. In Ã¢â¬Å"SophoclesÃ¢â¬â¢ Praise of Man and the Conflicts of the Antigone,Ã¢â¬ Charles Paul Segal takes the stand that there are two protagonists in the drama (which conflicts with this readerÃ¢â¬â¢s interpretation): This is not to say that there are not conceptual issuesRead More Antigone Essay1318 Words Ã |Ã 6 PagesAntigone Essay In any story or piece of literature, there will always be the main characters to fill the pages with incessant adventure. The characters whose names appear on almost every page and the characters whose actions the story revolves around. However, a story will also always have its minor characters. These are the characters that contribute heavily to the plot, yet arent mentioned quite as often and are underestimated regarding their importance in the story. In the Greek masterpieceRead More Antigone Essay3001 Words Ã |Ã 13 PagesSUBJECT Antigone is a play about a woman who disobeyed the Kings order to not bury her brother. The play was written by the famous Greek tragedian, Sophocles, in 441 B.C. The story took place in the city of Thebes and the time period is not mentioned. The main characters introduced in the play are of Antigone, Ismene, Creon, and Haemon. The primary focus was centered on Antigone and the consequences she faces after breaking the Kings orders. In the beginning, the author introduced Antigone and herRead MoreAntigone by Sophocles622 Words Ã |Ã 3 PagesIn the playwright Antigone by Sophocles, the characters reveal their values while exposing a life lessons through their actions, dialogue, thoughts ,and effects on others. Antigone starts with two brothers, Eteocles and Polyneices, being killed at battle. Creon, the king of Thebes, declares that EteoclesÃ¢â¬â¢ death will be honored and PolyneicesÃ¢â¬â¢ dishonored. He instead will lay unburied to become the food of animals. When the play opens, Antigone takes Ismene, Antigone and Ismene are sisters of the deadRead MoreAntigone Essay922 Words Ã |Ã 4 PagesAntigone paper Antigones actions were bold and powerful, but do these actions make her a patriot or a terrorist? A patriot does the right thing for the benefit of the people. A patriot is willing to fight for and defend their people. Did Antigone do these things? I think that in the final days before her death, Antigone proved that we should all remember her as a patriot. She used her good judgement to help the people of Thebes and made sacrifices for what she believed in and the people she
Wednesday, December 11, 2019
However, if your partners cannot pay, you may be called upon to pay all the debts even if you must sell off all your possessions to do so. This makes partnerships too risky for most situations. The answer would be a different business structure. Disadvantages of Partnership * Disagreements Ã¢â¬âÃ One of the most obvious disadvantages of partnership is the danger of disagreements between the partners. Obviously people are likely to have different ideas on how the business should be run, who should be doing what and what the best interests of the business are. This can lead to disagreements and disputes which might not only harm the business, but also the relationship of those involved. This is why it is always advisable to draft a deed of partnership during the formation period to ensure that everyone is aware of what procedures will be in place in case of disagreement and what will happen if the partnership is dissolved. * Agreement Ã¢â¬âÃ Because the partnership is jointly run, it is necessary that all the partners agree with things that are being done. This means that in some circumstances there are less freedoms with regards to the management of the business. Especially compared to sole traders. However, there is still more flexibility than with limited companies where the directors must bow to the will of the members (shareholders). * Liability Ã¢â¬âÃ Ordinary Partnerships are subject to unlimited liability, which means that each of the partners shares the liability and financial risks of the business. Which can be off putting for some people. This can be countered by the formation of a limited liability partnership, which benefits from the advantages of limited liability granted to limited companies, while still taking advantage of the flexibility of the partnership model. Taxation Ã¢â¬âÃ One of the major disadvantages of partnership, taxation laws mean that partners must pay tax in the same way as sole traders, each submitting aÃ Self AssessmentÃ tax return each year. They are also required to register as self employed with HM Revenue amp; Customs. The current laws mean that if the partnership (and the partners) bring in more than a certain level, then they are subject to greater levels of personal taxation than they would be in a limited company. This means that in most cases setting up a limited company would be more beneficial as the taxation laws are more favourable (see our article on theÃ Advantages and Disadvantages of a Limited Company). * Profit Sharing Ã¢â¬âÃ Partners share the profits equally. This can lead to inconsistency where one or more partners arenÃ¢â¬â¢t putting a fair share of effort into the running or management of the business, but still reaping the rewards. - Liability Each partner is liable for the actions of all the other partners in a general partnership, and this includes the payment of debts incurred by the partnership. If a partnership is sued, for example, all of the partners are personally liable to pay the judgment. In a limited partnership, only one partner, the general partner, is liable, but the other partners cannot be involved in the running of the business. A limited liability partnership does absolve the individual partners of full liability, but it requires state registration. Disadvantages of Partnership * There is unlimited liability: All the partners are responsible for theÃ debtsÃ of the firm and if the business goes bankrupt, all the partners ill have to clear the debts even if they have to sell of their personal belongings. * Disagreement among the partners can lead to problems for the business. * There is a limit to the capital invested. Because of the fact that maximum 20 members are allowed, the business may find it difficult to expand after a certain limit. * There is no continuity of existence. Partnership is dissolved if one of the partners die or resigns or becomes bankr upt. A major disadvantage of doing business as a general partnership is that all partners are personally liable for business debts and liabilities (for example, a judgment in a lawsuit). While its true that a good insurance policy can do much to reduce lawsuit worries and that many small, savvy businesses dont have debt problems, its also true that businesses which face significant risks in either of these areas should probably organize themselves as a corporation or LLC. Believing that two people can start a business together just because one person can start a business successfully is truly a misconception. Never think that just because he or she succeeded we can too. Having 2 people working together does not mean that the task will be completed better and faster or the amount of risk is lower. Sometimes people do not see eye to eye and have different goals for themselves. These differences can sometimes lead to incompatibility. Starting a business with a partner has a few disadvantages. Decision making is a reason not to begin a business with a partner. If both parties agree the decisions have equal weight then disagreements are bound to occur as to what the next course of action will be. It leads to a war of two worlds. Finances are another reason why business partnerships are not recommended. As you already know, it takes time to start making a profit. The longer the business exists with no profit the better the chances the business will collapse. When the business is in difficulty with a partner involved the time to bring the business out of the red is increased. The next disadvantage involves the work ethics of the two individuals who are operating the business entity. Disagreements are sure to occur causing problems with the decision making within the business. The business will not succeed if one partner is working more than the other. Inability to get along in a business can hurt a friendship if the two individuals shared a friendship in the past. The fourth reason not to opt for a partnership business institution is the fact that the long-term and short term goals vary amongst all people. Each person has a different viewpoint as what he or she would like to attain in their business. Their opinions are very different therefore this leads to a clash of the minds. The answer to the question What do you want out of it? varies from person to person. One individual may want to make it a living to support his or her family while another may go into a partnership business only to prove that he or she can be successful. Both individuals are striving to reach unique goals. The final disadvantage is related to trust. Is the person whom you are in business with worthy of entrusting your belongings? Trust is a very important factor and this is what has been done. The liabilities are shared. When one partnership party has liabilities they automatically become the liabilities of the second party. If for some reason the partner leaves and required payment are not taken care of, the full responsibility falls on the remaining partner. This can sometimes lead to financial burden for the business especially near start up when the business hasnt taken off yet. Starting a business requires a large amount of funding and can be stressful. Dont add difficulty as well into the endeavor. Starting a partnership type business with a friend or relative is not recommended in light of the difficulties and disadvantages of partnership type businesses. Unlimited liability: All the partners are jointly liable for the debt of the firm. They can share the liability among themselves or any one can be asked to pay all the debts even from his personal properties depending on the arrangement made between the partners. Uncertain life: The partnership firm has no legal existance separate from itÃ¢â¬â¢s partners. It comes to an end with death, insolvency, incapacity or the retirement of a partner. Further, any unsatisfied or discontent partner can also give notice at any time for the dissolution of the partnership. Lack of harmony: In a partnership firm every partner has an equal right to participate in the management. Also, every partner can place his or her opinion or viewpoint before the management regarding any matter at any time. Because of this, sometimes there is a possibility of friction and discontent among the partners. Difference of opinion may lead to the end of the parnership and the business. Limited capital: Since the total number of partners cannot exceed 20, the capital to be raised is always limited. It may not be possible to start a very large business in partnership form. No transferability of share: If you are a partner in any firm, you cannot transfer your share or part of the company to outsiders, without the consent of other partners. This creates inconvenience for the partner who wants to leave the firm or sell part of his share to others. While partnerships are the simplest and most common form of business arrangements, they have their own set of disadvantages as well. The informality of the relationship means that there are fewer protections for the parties to the agreement, including a lack of limits on liability, difficulties transferring an ownership stake, and potentially unclear roles and authority. Liability Generally, the members of a partnership are exposed to unlimited liability for the acts of the partnership as a whole. This means that if the business as a whole becomes indebted and insolvent, the partners personal assets might be exposed to cover the debts. Of course, this shortcoming can be addressed by forming a partnership between two corporations. CorporationsÃ have limited liability and can be partners in a partnership as well. Transferability Absent an agreement to the contrary, the default rule in partnerships is that one persons stake cannot be transferred to another without prior consent from all of the remaining partners. This inflexibility is especially undesirable when the parties have existing disagreements. Instability On similar lines, by default, a partnership is dissolved as soon as one of the members dies, retires, resigns, files for bankruptcy, or otherwise quits. This can mean a sudden and unexpected end to a profitable business. A corporation, on the other hand, requires many more steps to be undertaken in order to end its existence, which makes its existence much more predictable. Unclear Authority Another drawback of informal partnerships is the potential vagueness of each persons responsibilities, both to those in the partnership, and to those outside of the arrangement. A traditional partnership is an equal stake with equal authority distributed between the members. There is no hierarchy of authority. To third parties, this means that all partners act on behalf of the partnership, can enter into contracts, and by the same token, bind the partnership into unwanted agreements. Even with a partnerships limitations, it still might prove to be a superior option for many due to its flexibility and informality. Many of the limitations can be addressed with aÃ carefully drawn partnership agreementÃ or by adopting an alternative business entity, such as aÃ limited liability company.
Wednesday, December 4, 2019
Question: Describe about the Starting an Event Management Company? Answer: Introduction Starting an Event Management Company from home is a widely accepted concept among young entrepreneurs (Kotler, 2012). The concept of starting a business from home enables business owners to experiment and also cut cost associated with resources required. This paper analyses the various ways in which an event management business can be marketed. Further, it aims at identifying and describing the information that is required to be submitted to the HMRC. The paper summarises the various stages that need to be carried out to start an event management business from home. Towards the end, it reviews different types of IT that an event manager can use to run an event management business from home. Event Management Company Event Management Company is engaged in organising and conducting events, such as conferences, seminars, parties, weddings or any personal or professional event. Event Management Company has key five functions; Planning, Organising, Staffing, Leading and Coordination and Controlling (Ramsborg, 2000). 1. Planning: It is the one of the main functions of an event management company. The event manager along with sales and marketing team prepares a plan for the event to be conducted as per clients requirements. It involves analysing the clients profile, requirement for the event, target audience and budget. 2. Organising: This is the second function for event manager. Once planning is done, organising the event is carried. It is from this stage that the real implementation of the program initiates (Kotler, 2009). 3. Staffing: After organising, staffing is done where event manager allocates work to different personnel of the company. 4. Leading and Coordination: Co-ordination among the personnel remains one of the key challenges for event. Hence, leading the team and coordinating the team is one of the key functions for event manager (Christensen, 1997). 5. Controlling: Finally, controlling refers to managing the personnel and managing the entire event effectively. These are five key functions of an Event Management Company. Marketing Ways Adopted by an Event Management Company An Event Management Company can adopt various marketing ways to advertise their business. Top ways to market business include Networking, Advertising, Business Cards, Informative brochures, Direct mails and Social Media Marketing (Ramsborg, 2000). Networking: This is one of the common ways to market an event management business. While networking, event planners usually meet people and hence, they know what services they offer. This way, they can refer business to their friends and colleagues. Secondly, networking with managers of hotels, caterers provide an opportunity to get clients looking for reputable event management companies. Advertising: Second way of marketing an event management company is through advertising. Advertising can be print or online depending upon the resources with the company. Event managers can give their advertisements in newspapers and magazines. Also, they can post their advertisements on others website through PPC, Google Adwords etc. Business cards: Third step is to publish professional business cards. Now days, e-business cards are widely used by companies to advertise themselves. However, some companies even prefer keeping traditional business cards (Bowdin, 2009). Informative brochures: Like business cards, informative brochures can be used as an effective way to attract prospective clients. This brochure will be first thing that clients will use to judge the event management company. Social Media Networking: Now days, the power of social media cant be underestimated. Social media enable marketers to interact with consumers effectively. Hence, being active on Facebook, Twitter etc can be really helpful for an event management company. These are some of the marketing ways that can be used by an event management company. Role of HMRC HMRC or Her Majestys Revenue and Custom is a non-ministerial department of UK government accountable to collect taxes and payment of some forms of state support. Hence, for a business, it is crucial to pay direct taxes including income tax and corporate tax and capital taxes. It is crucial for every new business to get registered with HMRC (Guiltinan, 1986). A sole trader and a nominated party can be registered. A new business can register itself for corporation tax and VAT. Further, a new employer can register itself for PAYE to take on staff. Steps to be taken to start an event management business from home There are different types of options available with the entrepreneurs while starting a company. These are Private Limited Company, Sole Trader and Partnership. Private Limited Company is created by one or more persons and their contribution to the company is limited (Goldblatt, 2008). Hence, their responsibility is limited. Sole Trader is one of the simplest forms of business which can be created by only one person with less investment (Dev, 2005). Sole Trader usually chooses to trade their business on their own name and he/she retains complete over his/her business. Partnership is a business organisation in which two or more people decide to operate the business (Adcock, 2001). The partners can be individuals, business organisations, schools, government or combinations. Some of the steps to be taken to start an event management business from home are: Collecting essential resources: To start a home based planning business, first step is to gather essential resources such as computer, telephone, fax, printer, basic party supplies, business license and a truck or a van. Find ways to market business: Marketing is an essential process for any business. Next step is to find ways to advertise business. There are wide-ranging marketing ways that can be adopted by an event management company (Cravens, 2010). These are described in above section. Carrying appropriate planning: In order to start a home based planning business, it is important to have a capable though small workforce. All members should be confident, creative, possess good verbal and written skills and management skills. This is the crucial time to budget, plan and negotiate. These are three key ways to start an event management business from home. Different types of IT There are various types of IT requirement of an event planner. Planners usually IT supports in order to develop themes and designs for requirements. Hence, employing a third party IT Company or cheap IT contractors can help in coping up with these requirements easily (Bowdin, 2009). Besides this, event planners can employ another event coordinator/designer, clerical assistant, human resource professional, marketing professional (Adcock, 2001). Event planners can handle non-essential functions such as accounting, tax related jobs etc them. To start a home based planning business, planers might need significant funding that is able to pay the bills, rents and salaries for three months. Conclusion In todays complex business environment, starting a small business is a task in itself. The needs of consumers keep changing with ever evolving technology and growing awareness so marketers are generally required to carry out thorough primary and secondary research. Now days, many people plan to start small businesses from home by making small investments. Starting a business from home helps the businessmen to cut the cost associated with HR, IT, Finance and other departments. One of the rising concepts is starting an event management company from home. References Ramsborg, G. (2000) (eds), Professional meeting management: Comprehensive strategies for meetings, conventions and events, 2008, 5th ed, Kendall/Hunt Publishing. ISO 20121 - Sustainable events", ISO (www.iso.org), Accessed 20 Feb, 2015. Bowdin, G. (2009). Events Management. Events Management S. Goldblatt, J. (2008). Twenty-First Century Global Event Management (The Wiley Event Management Series) ISBN 0-471-39687-7 Kotler, P. (2009). "1". A Framework for Marketing Management (4th ed.). Pearson Prentice Hall. Adcock, D. (2001). "Introduction". Marketing: principles and practice (4th ed.). Xavier thomas. p. 15. Kotler, P. (2012). Marketing Management 14e. Pearson Education Limited 2012 Adcock, D. (2001). "Introduction". Marketing: principles and practice. p. 16. Cravens, D. (2010). Strategic Marketing. Marketing Journal. Guiltinan, K. (1986). "Marketing Management: Strategies and Programs. Dev, G. (2005). "In the Mix: A Customer-Focused Approach Can Bring the Current Marketing Mix into the 21st Century". Marketing Management 14 (1). Christensen, M. (1997). "Swarming the shelves: How shops can exploit people's herd mentality to increase sales". The Economist pp. 89