Banking Crises in UK Essay Example | Topics and Well Written Essays - 2250 words

Banking Crises in UK - Essay Example By doing so, banks are actually diverting their resources to potentially unproductive activities as the regulatory compliance may not directly provide the desired benefits in terms of monetary return. The emerging trends in the regulations in the financial as well as corporate markets are increasing in numbers and intensity as the increasing mismanagement and corporate scandals have forced regulatory authorities to look for the legal frameworks which help achieve the organizations more transparency as well as flexibility in their approach and responsibilities towards all the stakeholders in the firms. Some of the external events like the 9/11 incidents also played a major role in bringing in the new regulations into place so that traditional business channels specially the financial institutions are not being used for potentially harmful activities including terrorism. It was because of these reasons that regulations like BASEL II, Sarbanes Oxley, and The European Commissions Financial Services Action Plan were enforced to rationalize and revamp the existing regulatory framework. Thus the challenges are various to the banking sector as a whole and to the UK financial sector especially as London is now largely being considered as the international hub of the financial activities all over the world. In order to The essay will look into the present crisis banking sector is facing currently all over the world and UK especially. External environment for the UK Banking and Finance Companies In order to analyze the external environment for the UK Banking and finance companies, it is very important that we need to take a very comprehensive view of the factors involved into the overall banking scenario in the world. The globalization is taking its roots on more firm basis and it is because of this reason that the economic resources are being shifting from the more developed countries to the emerging economies such as China, Brazil, India and Russia. The emergence of the BRIC has therefore effectively shifted the economic resources and with it the economic activities therefore now since most of the activities are being performed in those geographical locations therefore like all other businesses, the banks are also shifting themselves to these locations to concentrate on the market development and penetration into these countries. (Hale, 2004). Thus the trends in globalization are forcing banks and other financial institutions in UK to face challenges from the banks working in those areas as most of the international syndications are being done by the regional banks in those regions and the overall market share of the UK Banks is shrinking. Further to this, banking sector over the period of time has seen a period of consolidation allowing a wave of mergers and acquisitions. Banks, over the period of time has improved their competencies by acquiring and merging with more efficient banks in order to gain more and more market space. Further Information technology is a new and emerging trend in the market which suggests that the banks are increasingly becoming more competitive in this area.(Grealish,2004) One of the most important challenges that are being faced by the UK Banks is the fact that the impact of US subprime mortgages is going to hit or have already hit the UK banks. The subprime mortgage crisis which has started into US is slowly being engulfing

Patents And Trademarks Essay Example for Free

Patents And Trademarks Essay 1. What are the types of patents? There are basically three (3) types of patents that an individual can apply for.   The first type is called the Utility Patent.   This type of patent is given to any person who is able to invent or discover any novel and useful process, machine, and manufactured article or matter composition.   It also includes any new and useful improvement of such.   The second type of patent is the design patent.   This patent is given to anyone who is able to create an original and novel ornamental design for any manufactured article.    The third type of patent is the plant patent, which is given to anyone who invents or discovers any distinct new variety of plant. 2. How long does the patent review process take? The patent review process is handled by the United States Patent and Trademark Office.   It is tasked with the review and examination of patent applications.   It usually takes a period of 18 months from the time of filing before the patent is approved.   There is also an accelerated patent application examination process that allows the USPTO to advance an application due to special reasons and circumstances. 3. What is the so-called Madrid Protocol concerning the international registration of marks? The Madrid Agreement and Protocol is a procedure by which any state that is a party to the Paris Convention for the Protection of Industrial Property may invoke the international protection that is given to the patent.   Trademark and patent owners may now avail of international protection over their intellectual property rights without the need for filing a separate application in a foreign country.   Being a signatory to any of the agreements entitles the citizens of the signatory country to seek the intellectual property protection of any of the party states to the agreement.

The sustainable tourism

The sustainable tourism Executive summary In recent years, sustainable tourism has been very common and popular in the tourism industry. This report will be looking at and focusing on the following: Sustainable tourism what is about how to develop tourism in the peak district national park, Castleton how to promote sustainable tourism in the peak district national park, Castleton number people who visit the peak district national park, Castleton transport in the peak district national park, Castleton recommendation conclusion Sustainability in the peak district national park, Castleton Introduction The aim of this report is to explain how to develop sustainability in the Peak District National Park, Castleton (PDP). The report will consider mainly and focus on the social part in peak district national park, Castleton, and changes that can be made. First of all, the report will tell the reader some brief history of Peak District national park, Castleton (PDP) and then define the term sustainable tourism and tourism development. Then secondly, the author will introduce the requirement that can be done to develop sustainable tourism in Castleton and how to promote sustainable tourism in the Peak District National Park in Castleton, the literature will then recommend development that can be done in Castleton and conclusion will be drawn. Castleton is an outstandingly pretty village situated at the head of the lovely Vale of Hope, in the heart of the Derbyshire Peak District National Park. Castleton is surrounded on 3 sides by steep hills and the mighty bulk of Mam Tor looms high, 2 miles to the north west of the village. On a hill, overlooking Castleton is the ancient Peveril Castle Sustainable tourism can be defined as Sustainable tourism is simply sustainable development achieved through tourism. Sustainable development is economic development that takes a long-term view. It balances the benefits of economic development against environmental and social costs (greentourism.org.uk, 2010). Sustainable Development in Castleton Sustainable tourism meanly focuses on the environment, social and environment values. However, to achieve sustainable development in the peak district national park Castleton, (PDP) the community has to involve in the partnership. According to Sinclair (2003:404) define as sustainable development is expected to meet the needs of the present without compromising the ability of future generation to meet their own needs. Sustainability is mainly focused so that development is positive for the local people, the visitors and tourism companies. To promote tourism in Peak District National Park, Castleton they have to have more events, activities and exhibitions by doing that it will attract more visitors as it used to do. For example the Garland festival and the Oak apple day which runs every year attracts visitors to Castleton. Castleton has to build more cafà © bars for the local people and visitors themselves. These festivals attract more visitors to Castleton and it helps improve the economy impact and also makes the attraction very popular. In 2001, the population in Castleton was around 1,200(visit Castleton.com, 2010). Because visitors visit different or several parks so Castleton needs to bring more activities so that the destination can be sustainable. However, the communities do not have to destroy the wild life in the area with hiking and walking in the area. In the other hand, the community has monitor and measure the sustainable tourism in the area. According to the Miller and Ward (2005:177) stated that since 1993, the WTO has organized sustainable tourism monitoring pilot projects in different parts of the world where WTO consultants have worked together with national and local tourism management to develop indicators for particular sites. Attraction in Castleton Castleton has local attraction, for example the Peveril, Castleton castle and more. The Castleton castle do not attracts more visitors because it needs more improvement and development for it to attract more tourist and visitors. Peak district national park, Castleton (pdp). Castleton is a place where it suite all kind of needs and people, for example, Education Old people Walkers People who wish to stay overnight Hikers Transport in Castleton Castleton lies at the western end of the Hope Valley in the Peak District National Park, mid-way between Manchester and Sheffield. Transport in Castleton is reliable. Hope railway station is 3km from the centre of Castleton is served by the Manchester Sheffield railway line with direct trains to both cities, plus connections to the rest of the railway system. Source from Castleton. Improvement in Castleton The local people and visitors in the communities has to take care with the by not distorting the wild life in the area. According to Shaw and Williams (2004:182) suggested that to sustain tourism the following can be look at: To run with involvement and consent of local communities, which of course links directly with the ideas of communities participation Be in position to share profit fairly with the local community Involve communities than individuals. Promoting tourism in Castleton According to Waugh (2002) said that national park must also foster the economic and social well being of the local communities. They are also required to pursue a policy of sustainable development by which they must aim to improve the quality of peoples lives without destroying the environment (framework 16, p499). To promote tourism in Castleton the community has to contribute in the activities that has been brought and are taking place. By doing so it also creates jobs for the local people in the town or city. The promotion has to be also enjoyed the qualities by the local communities and the visitors. The local people have participated in tourism developments. According to Ottinger et al (2005) suggested that to promote tourism in a certain areas the following has to be done: It enhances International Corporation, foreign direct investment and partnerships with both private and public sectors, at all levels. Develop programs, including education and training program that encourage people to participate in eco- tourism to enable indigenous and local communities to develop and benefit from eco- tourism and enhance stakeholders cooperation in tourism development. Number people who visit the peak district national park, Castleton There are many people or visitors who visit the peak district national park, Castleton, every year. Conclusion Recommendation The application of the literature suggests that the local community has to contribute to sustain tourism in peak district national peak, Castleton (pdp). The application of literature suggest that the local people has to keep the environment clean so that it does not harm the wild life The application of the literature suggest that the local people and the visitors has to use public transport or walk to lower the air pollution The application of the literature suggests that visitors have to have to control their pets or animal when they visit the peak district national park, Castleton. Reference list Ottinger. L., R, Robinson, .A.N., and Tafur. V. (2005) Compendium of sustainable energy laws (1st ed)(p,245) Cambridge press Waugh, .D (2002) Geography: an integrated approach (3rd ed) (p, 592) nelson thorns. Miller, G. and Ward, .T.L. (2005) Monitoring for a sustainable tourism transition. The challenger of developing and using indicators.(1st ed) (p, 177).Cabi publishing Shaw, G. and William, .M.A (2004) Tourism and tourism space (1st ed) (p, 182) Published: Saga Sinclair, .D. and Jayawardena http://www.emeraldinsight.com/Insight/viewPDF.jsp?contentType=ArticleFilename=html/Output/Published/EmeraldFullTextArticle/Pdf/0410150706.pdf world wide hospitality and tourism trend: viewpoint the development of sustainable tourism in the Guianas What is sustainable tourism? http://www.greentourism.org.uk/what-is-sustainable-tourism.html Number of visitors to the Castleton http://www.peakdistrict-education.gov.uk/fact%20sheets/fz7cas2.htm images from Castleton http://www.visitcastleton.co.uk/history.php history of Castleton peak district http://www.derbyshireuk.net/castleton.html aces on the 23th march 2010.

Online Dating Essay -- Internet Cyberspace Technology Essays

Online Dating The Internet has always seemed like a completely separate world, very different from reality. There seemed to be so many endless possibilities. One is the new online dating craze, which has caught my attention a number of times. One rainy afternoon, curled up in a blanket at my computer chair, I decided to investigate it. I learned that as many of the baby-boomers start to become widowed or divorced, many are looking for mates, along with many others who are looking for companionship. With the new Internet-Age, many of these individuals turn to their computer to find someone. Online relationships are a growing phenomenon in the United States as well as internationally. After doing some research I could not develop an opinion on how I felt about this new trend. I found a group of specialists who had devoted some researching to it and I invited them over for dinner to find what their opinions were and why. I wanted only the best, the most opinionated, and the most interested in the topic to come and join me for dinner. I wanted to ignite a conversation that would involve many different views about the subject. I decided on three people to invite to my feast. First, I chose Robin Eisner, who works for ABC, and has studied the effects of spending time on the Internet. Next, I chose Laura Koss-Feder, who had interviewed several online couples and understands some of the positive and negative attributes of online dating. I also invited Erica D. Rowell for her knowledge and the studies she has done on online dating. About a week before they all came to dinner, I began to plan what I would make. After having talked to each of them several times on the telephone, I could tell they may de... ...et them up on, but they often do not develop into anything. They are often surrounded by married couples and may not know a lot of single people, so dating can be very difficult. In their loneliness, they turn to the Internet for companionship. Many may go just to look for a friend, but often they might end up meeting someone they want to date (par. 3). I think this is great for older people since they are often wiser so they know who to trust and are more careful when disclosing information to people online. They know they cannot trust just anybody. Younger people, who have not dated much or have not experienced true love, might fall for the words of another online, and this cold lead to disastrous effects. I would not advise anybody my age to date online, but for some older people I think it might be a great way to meet people as long as they are careful.

Behavioral Theories of Learning

Skinner’s terminology provides that positive reinforcers are any form of encouragement like rewards, awards and goals and positive reinforcement is the act itself of receiving the reward or achieving the goal (Skinner B. F. , 1969). The definitions of operant conditioning provide that negative reinforcement is a mode of behavioral theory that as a result of experiencing a negative condition, a particular behavior is enhanced, strengthened or emphasized. (http://www. mcli. dist. maricopa. edu/proj/nru/opcond. html, 1999).A good example of positive reinforcement inside a classroom would be a teacher giving extra credits for students who would achieve a certain high average. How is this positive reinforcement? Students will become motivated to excel and give extra effort to achieve the award and in the process they get to learn more ultimately benefiting them in the end. A pre-school teacher giving candy to the brave little girl who will not cry and back out of her first day in s chool is also an instance of positive reinforcement.The school board giving an award or an additional benefit for the teacher of the month, this is another example of a positive reinforcement. Why is that? By promising to give a little extra something, the school encourages the teachers to improve their over-all teaching performance and by doing so, they are encouraging a little friendly competition among fellow educators. The learning curve is sure to climb the charts if all the teachers and students are motivated. How will that be achieved? It is simple.The teachers will be inspired to think of innovative teaching methods that will be effective on students and in turn the students learn more. Some teachers are not as approachable as others that is the reason why students don’t ask questions even though they did not fully understand the subject matter, as a solution, they can make themselves available to students for consultation. As a result, the school’s educational framework benefits because of cooperation and communication. Everybody gets a special kind of something in the end.The key word in positive reinforcement is benefit. One way or another, everyone receives something beneficial to himself and to others as well. An example of negative reinforcement inside the four corners of the classroom would be a teacher who warns students that if they fail the exam they would get an automatic failing grade. This is negative reinforcement because if a student wants to avoid getting a failing grade, he would study. His studying habits will be strengthened as a consequence of being threatened of getting a failing grade.The application of negative reinforcement can be most usually seen in the fields of education and reform. The use of fines, imprisonment is one such example of the use of negative reinforcement to warn of the negative consequences of associating with social ills (Skinner,1953). Negative Reinforcement as compared to punishment strengthen s a behavior because a negative condition is stopped or avoided as a result of such behavior while the latter weakens a behavior because of the introduction of a negative condition as a result of the behavior (mcli. dist.maricopa. edu, 1999). An example of punishment is when a student is caught cheating by his professor, the consequence would be detention or suspension. Another demeanor of a student which is very suitable for punishment is bribing a teacher in order for him to get an â€Å"A†. This offense should be dealt with seriously because it can affect the educational system not to mention the character and reputation of the school. Punishment endeavors to make the person realize the intensity of the offense that was committed and for him to reflect on his actions.All these will be in vain if an important goal of punishment is not achieved, which goal is for the person not to repeat the same offense ever again. The application of these kinds of reinforcement depends upo n the situation and the individual upon whom these will be enforced. Imagine expelling a student for being caught littering inside the school grounds. The use of these types of reinforcements would vary not only because of a particular scenario but the attitude and intent of the person involved would have to be taken into consideration as well. In positive and negative reinforcement, the responses and effects are unpredictable.The effect would be of course either positive or negative as well. Positive outcome results when the desired response or behavior is achieved by using a certain kind of reinforcement, however, this desired outcome is not always achieved. For instance, in positive reinforcement, the aim is improvement and encouragement but the psyche of the person being motivated or encouraged does not depend on the positive reinforcer. For instance, no matter what benefit the teacher promises the student but the latter is not moved by it, there would be no positive result.The results in negative reinforcement, the aim of which is education or reform, will not be accomplished when the expected reaction or behavior is not achieved. As in the example given above, when a teacher suspends or sends a student in detention for cheating but the latter does it again, negative outcome results. In the field of education, positive or negative enforcement or even punishment may be associated with each other not only because they are modes to elicit a certain response from a student but because of the result they so aspire.The means may be different but the desired end to be achieved is the same; to maximize the learning potential and more importantly to mold the student’s behavior for the better. References Skinner B. F. , 1969, Contingencies of Reinforcement: A Theoretical Analysis, New York: Appleton-Century-Crofts. Retrieved 04/03/09 from http://www. freeonlineresearchpapers. com/ Macopa Center for Learning and Instruction Retrieved 04/03/09 from http://www. mcli. dist. maricopa. edu/proj/nru/opcond. html Skinner B. F. , 1953, Science and Human Behaviour, New York: Macmillan. Retrieved 04/03/09 from http://www. freeonlineresearchpapers. com/

Renaissance Philosophy Marked Important Changes in Humanist Thinking in Europe essays

Renaissance Philosophy Marked Important Changes in Humanist Thinking in Europe essays The Renaissance period marked important changes in humanist thinking in Europe. Renaissance marked the transition of Western civilization from medieval to modern times. During the 16th century, two important schools of thought were established that greatly influenced many literary works during this period. One of this is the skepticism, and the other, the rise of humanist thought. In both schools of thought, Michel de Montaigne, a French writer who was popularly known for his published work Essais (1580- 95), is one of the advocates of skepticism and humanist movement. Montaigne wrote the essay "Of Cannibals" to emphasize his criticism of Western thought and culture by adopting themes in the essay that strongly expresses "pessimistic views" of man's capacity for knowledge. This essay was written to explore human awareness of his surrounding world; that is, man should be aware of the existence of societies and cultures far different from the Western tradition, and an individual should learn how to accept that society's "legitimate existence" rather than condemn and reject this society. This humanistic thought serves to criticize Europe's seemingly arrogant behavior in perceiving that the Western society and culture is the only existing and "superior" society. This is put in contrast to the Renaissance's humanist philosophy, emphasizing the role that the individual plays in the society. Niccolo Machiavelli, author of the seminal work, "The Prince," provides stark contrast to Montaigne's claims in his essay. In his work, Machiavelli discusses the importance of a rationalized society as an essential factor that shall help maintain a well-governed state under the rule of a rightful Prince. "The Prince" brings into focus the role that humans play in the improvement of society and the primary movers of social change and reform, as opposed to "Of Cannibals" symbolic, yet effe...