Should gay marriages be legalized? Essay -- essays research papers fc

Should same sex marriages be legal?   Ã‚  Ã‚  Ã‚  Ã‚  Same-sex marriages have been very controversial since becoming an issue in Canada regarding the Canadian Charter of Rights and Freedoms. Several people state that same-sex marriages should be legal, while others disagree, saying it should not be permitted. There have been many debates and inquiries about this issue for several years; the MP’s and Parliament will finally settle the problem within the next year or so. Many are in favour of legalizing same-sex marriages in all of Canada due to the violations and infringes upon the Charter of Rights and Freedoms. Problems revolving around same-sex marriages have upset many religious groups. These groups believe that same-sex marriages should not be performed in a church – or at all. Although churches and other places of worship do not approve of same-sex marriages, legalizing same-sex marriages does not breach the Canadian Charter of Rights and Freedoms. Same-sex marriages should be legalized everywhere in Canada because individuals should be able to express themselves freely without having to feel discriminated against, as stated in the Canadian Charter of Rights and Freedoms.   Ã‚  Ã‚  Ã‚  Ã‚  Denying the fundamental liberties and other rights in the Canadian Charter of Rights and Freedoms is unconstitutional and contravenes what the Charter is expected to maintain. The fundamental rights are what the Charter is based on – the freedom of thought, belief, opinion and expression, including freedom of the press and other media of communication (Section 2b) will be infringed if same-sex marriages are disallowed. Addressing the issue of the fundamental freedoms on same-sex marriages, Prime Minister Paul Martin quoted: The Charter is a living document, the heartbeat of our constitution. It is also a proclamation. It declares that as Canadians, we live under a progressive and inclusive set of fundamental beliefs about the value of the individual. It declares that we all are lessened when any one of us is denied a fundamental right†¦If we do no step forward, then we step back. If we do not protect a right, then we deny it. Canada is governed based on the Canadian Charter of Rights and Freedoms. Certain parties of the government believe that the government can not and should not pick and choose whose rights they will defend and whose right... ...of another, their right has also been infringed. Then again, religious morals are not valued as they ought to be in society as a whole, its customs, and its laws will change forever from this issue. Change is needed for Canada to adapt to the evolving world, adjusting to changes is beneficial. Legalizing same-sex marriages will lead Canada to being a stronger and a more liberated country. BIBLIOGRAPHY Sullivan, Andrew. Same-sex marriage, pro and con. A Reader. New York: Vintage Books, 2004 Catholic Group says Cardinal Wrong to say Charter of Rights shouldn’t apply to Gays and Lesbians [Online] Available: http://www.equal-marriage.ca/resource.php?id=142 (19 Jan. 2005) Civil Marriage Act [Online] Available: http://canada.justice.gc.ca/en/news/nr/2005/doc_31376.html (1 Feb. 2005) Gay Marriages Timeline [Online] Available: http://www.ctv.ca/servlet/ArticleNews/print/CTVNews/110262810228_a8037308/?hub... GLBT and the equal marriage movement [Online] Available: http://www.psac.com/elections/ask_same_sex_marriage-e.htm Same-sex Marriages [Online] Available: http://www.canadawebpages.com/pc- editorial.asp?key=1415&editorPrimeKeyword=samesexmarriages...

Urban Problems and the Authors Who Revealed Them to Us

Around the 18th century, the industrial revolution began. This is when immigrants came and started to work in factories, not-so-good conditions. They worked in sorrowful rooms called sweatshops. There are some authors who were alive at the time and decided to investigate upon it. Others who were not alive at the time and they still were interested and were destined to research it. These authors were cordial to inform us the problems and vexations during that era. In this essay, I will be conducting, comparing and contrasting two books; ‘The jungle by Upton Sinclair†.And ‘How the other half lives† by Jacob Riis. How the Other Half Lives Imagine living in a dark, unlit tenement which is windowless and about 10 feet square. Photographers would come; a flash explodes, enlightening their impoverishment. Although the dimness of the room, a document of urban poverty is made. That is the way; Jacob Riis took pictures in lower Manhattan. This pioneering work of photojo urnalism by Jacob Riis focused on the plight of the poor in the Lower East Side, and greatly influenced future â€Å"muckraking† journalism.Riis mostly attributed the plight of the poor to environmental conditions, but he also divided the poor into two categories: deserving of assistance (mostly women and children) and undeserving (mostly the unemployed and intractably criminal). He wrote with prejudice about Jews, Italians, and Irish, and he stopped short of calling for government intervention. Still, the catalyst of his work was a genuine sympathy for his subjects, and his work shocked many New Yorkers.The Jungle Upton Sinclair was a desperately poor, young socialist hoping to remake the world when he settled down in a tarpaper shack in Princeton Township and penned his Great American Novel. Upton Sinclair wrote The Jungle to expose the appalling working conditions in the meat-packing industry. His description of diseased, rotten, and contaminated meat shocked the public an d led to new federal food safety laws. Before the turn of the 20th century, a major reform movement had emerged in the United States.Known as progressives, the  reformers were reacting to problems caused by the rapid growth of factories and cities. Progressives at first concentrated on improving the lives of those living in slums and in getting rid of corruption in government. By the beginning of the new century, progressives had started to attack huge corporations like Standard Oil, U. S. Steel, and the Amour meat-packing company for their unjust practices. The progressives revealed how these companies eliminated competition, set high prices, and treated workers as â€Å"wage slaves. â€Å"

What are the Main Influences of Intelligence - 754 Words

The 20th and 21rst centuries have seen incredible and important developments within the framework of scientific understanding of Humanity. The exponential growth of specific scientific and biological knowledge over time has called for the creation of multiple fields of specialization regarding human architecture. Human beings are essentially composed of strains of nucleic acid that determines a person’s individual traits. Does this mean that one’s existence is only defined by one’s gene? Is biodiversity in humanity solely based on different genotypes and phenotypic variations, therefore giving no credit to non-genetic factors in proving successful human development? In fact, human intelligence is not solely influenced by heredity. Non-genetic factors, for example the environment, encompass not only the physical, chemical and biological principles of intelligence, but also the numerous social and psychological ones that shape healthy development. This essay will i nvestigate whether or not intelligence is fostered exclusively by genetic heritage or if nurturing and environmental factors play a role. Human intelligence is an enigma that continues to intrigue scientists around the world as it has done throughout the History of humanity. Scientists and psychologists have been debating the subject of nature versus nurture for centuries. Since 3005 B.C., philosophers like Plato and Aristotle expressed different views on the issue. Plato favoured the belief that knowledge andShow MoreRelatedFactors Affecting Human Intelligence1786 Words   |  7 PagesFactors affecting the human intelligence Factors affecting the human intelligence Nature and nurture play a significant role in determining the life of people with regard to their intelligence level. Intelligence is the unique way in which a person can be able to come into an understanding of problems mentally, respond to them and replicate the surrounding he exists. Human intelligence is determined by two main factors which have caused great debate for years. These two factors are the environmentalRead MoreIntelligence : Effects Of Genetics, Environment, And Outside Influences1428 Words   |  6 PagesDryer Teacher Vonda Ford English 6 5 February 2015 Intelligence: Effects of Genetics, Environment, and Outside Influences Many people often wonder what makes them who they are--what creates their identity. Part of a person’s identity is his or her ability to succeed in school, comprehend complex concepts, and invent creative ideas. This is intelligence--a complicated trait that involves and is affected by many different factors. A person’s intelligence is his or her general cognitive ability, includingRead More The IQ Debate Essay1140 Words   |  5 PagesIntelligence can be defined in many different ways. This concept has been the focus of numerous studies and investigations by psychologists and other scientific experts. Intelligence can be the mental ability to reason, plan ahead, understand a wide range of complex issues and learn from past experiences (Gottfredson, 1997). Intelligence is the â€Å"resultant of the process of acquiring, storing in memory, retrieving, combining, comparing, and using in new contexts information and conceptual skills†Read MoreLimitless Movie662 Words   |  3 Pages1. The main characters progress or change throughout the film: Eddie Morra lives in New York, and is an author suffering from writers block. He is stressed by the approaching deadline for his book, and his girlfriend Lindy also stresses him, because of the frustrations gained by his lack of progress and financial dependence. Eddie randomly runs into his ex girlfriend’s brother, who is a successful man with a nice suit and obviously a lot of money. He introduces Eddie to this â€Å"legal† drug NZTRead MoreEmotional Intelligence And Effective Leadership1107 Words   |  5 PagesEmotional Intelligence and Effective Leadership Emotional intelligence is defined as the ability to manage one’s emotions in an intelligent manner such that they do not affect the decision-making process. It is also the ability to understand other people emotions, to know the reason for their behaviors and thus be able to communicate with them (Mayer, 2006). Emotional intelligence involves one’s proficiency in realizing and then being able to behaviors, moods and impulses and thus managingRead MoreFlawed Intelligence Is Not Easily Measured967 Words   |  4 PagesTorres Instructor Camielyn West MCWP 40 08 February 2016 Flawed Intelligence Intelligence is not easily measured; there are many factors that influence the way we determine whether or not someone is considered â€Å"intelligent†, and many more to rank who is more intelligent than others. James R. Flynn, in his piece â€Å"The Sociological Imagination, and Kevin Warwick, in his work â€Å"Into the Unknown, both share a common argument: intelligence is subjective; therefore, social and environmental context shouldRead MoreEmotional, Emotional And Emotional Intelligence1208 Words   |  5 PagesEmotional Intelligence Explained Emotional Intelligence is the capacity to assess, identify and influence the emotions of your own and everyone around you. For an example, a employee could be having difficulty understanding the task at hand instead the manager goes to the employee and identifies the misunderstanding and instead of letting the situation make everyone stress the manager instead reiterated what needs to be done in a simpler way so everyone is clearly aware and understands what to do.Read MoreIntelligence : Intelligence Data Collection Programs1632 Words   |  7 PagesIntelligence Data Collection Programs To effectively analyze programs, intentions and ideological motives of Hezbollah several collection programs of the five types could be utilized to gather intelligence on Hezbollah. Collected information must undergo further conversion before it reaches the analysis phase to be used against Hezbollah (Gay, 2005) First, Open Source Intelligence (OSINT) could be used to gather intelligence information from open sources such as websites, social media sources,Read MoreThe Power Of The Human Brain1278 Words   |  6 Pagescreate results, aspiration, and knowledge. As Swami Vivekananda said, â€Å"We are responsible for what we are and whatever we wish ourselves to be, we have the power to make ourselves.† The power of the human brain is what one wants it to be. Society expects a great deal from individuals, but this is only a motivator. The influence of society and personal experiences both cause people to gain further intelligence from power of one’s brain. Individuals must utilize the power of their own brain to furtherRead MoreEssay on personality766 Words   |  4 Pagesï » ¿ How would Freud explain the personality differences between Mike and Marty Scanlon? According to Freud, the mind can be divided into two main parts: The conscious mind includes everything that we are aware of. This is the aspect of our mental processing that we can think and talk about rationally. A part of this includes our memory, which is not always part of consciousness but can be retrieved easily at any time and brought into our awareness. Freud called this ordinary memory the preconscious

Dinner With Skeptics Behind The World That Makes No Sense,...

Dinner With Skeptics Defending God in the world that Makes No Sense, by Jeff, Joplin: College Press, 2008. 221 pages. Reviewed by Josiah R. Boyle This Book review is to complete an assignment for Biblical Worldview. Dinner with Skeptics is an account of a conversation Jeff had with a group of skeptics. A missionary for many years, Jeff is currently Senior Pastor at Christ’s Church of the Valley in San Dimas, California. THESIS: Written to dispel skepticism in God, Jeff discusses common arguments against the existence of God such as why there is evil in the world if there is a good God? Why if there is a good, kind, gracious God, then why is there so much suffering in the world?Why are there natural disasters if there s a good God? Why if there is a God why does he sit on his hands? What is God s involvement in the midst of evil circumstances? in Dinner With Skeptics: Defending God in A World That Makes No Sense. DOES HE SUPPORT HIS THESIS? In the First Chapter, he discusses why, if there was a God, then why there would be so much evil in the world. The man he is interacting with on this issue, then ask if there was a God, why would there be so much evil in the world? Then Jeff remarks that for there to something called evil, then there is a God because it implies the presence of a higher being. This chapter supports the thesis. In Chapter Two he was addressed with the question if God was so good, so kind, and gracious, the why would he allow so

Essay on Point of view Tell-Tale Heart - 610 Words

Essay #1: â€Å"Tell Tale Heart†. Poe writes â€Å"The Tell Tale Heart† from the perspective of the murderer of the old man. When an author creates a situation where the central character tells his own account, the overall impact of the story is heightened. The narrator, in this story, adds to the overall effect of horror by continually stressing to the reader that he or she is not mad, and tries to convince us of that fact by how carefully this brutal crime was planned and executed. The point of view helps communicate that the theme is madness to the audience because from the beginning the narrator uses repetition, onomatopoeias, similes, hyperboles, metaphors and irony. quot;True!--nervous--very, very dreadfully nervous I had been and am; but†¦show more content†¦Oh, you would have laughed to see how cunningly I thrust it in! I moved it slowly --very, very slowly, so that I might not disturb the old mans sleep.† His madness is definitely on a different level than just a psycho. He is insane and loosing it every moment of the story, repeating words and using disturbing metaphors and similes. He compares many things such as referring to the eye of the old man as the â€Å"evil eye†, and â€Å"eye of a vulture†. Metaphors are used constantly to confuse the readers. â€Å"I undid it just so much that a single thin ray fell upon the vulture eye.† Onomatopoeia’s are used in this story a lot to coincide with helping the 1st person point of view. â€Å"Ha! Would a madman have been so wise as this,†. â€Å"Oh, you would have laughed to see how cunningly I thrust it in!†. Hyperboles are extravagant exaggerations of something. â€Å"It took me an hour to place my whole head within the opening so far that I could see him as he lay upon his bed†. This story is basically a big exaggeration of madness. The narrator helps us by using all these big exaggerations to understand how he has lost his mind and is going to commit murder. The narrator repeatedly insists that he(she) is not mad; however the reader soon realizes that the fear of the vulture eye has consumed the narrator, who has now become a victim to the madness which he had hoped to elude. Without all these repetitions and onomatopoeiasShow MoreRelatedAnalysis of Edgar Allen Poes The Tell-Tale Heart1428 Words   |  6 Pagesï » ¿Edgar Allen Poes 1843 short story The Tell-Tale Heart is about a young man who becomes mortally obsessed with an old mans creepy eye and ultimately kills him. Thomas Hardys 1902 poem The Man He Killed is about a soldier who has become used to killing people just because they are on the other side of the war. Both of these narratives lend insight into guilt related to death, told by a person who is self-aware enough to tell the story in a first person narrative. Moreover, both of these storiesRead MoreGoing to Meet The Man by James Baldwin and The Tell Tale Heart by Edgar Allen Poe 635 Words   |  3 Pagesis part of being h uman; in fact, the definition is being frightened or disgusted. There are two short stories, which truly fit this definition of horror, Going to Meet The Man by James Baldwin and The Tell Tale Heart by Edgar Allen Poe. Going to Meet The Man by James Baldwin and The Tell Tale Heart by Edgar Allen Poe utilize too very different forms of horror, Baldwin using vivid, disgust-provoking imagery, and Poe using terror to provoke fear, however both incorporate a similar theme, that man isRead MoreEssay on The Tell-Tale Heart1132 Words   |  5 Pagesthe baffling tales of â€Å"The Tell-Tale Heart,† â€Å"A Rose for Emily,† and â€Å"My Last Duchess,† the narrators give in-depth descriptions about the characters and their surroundings. The central theme in these tales comes frightfully alive early on in the stories, but still manages to produce a dramatic ending in every tale. In each of these three first-person narratives, the narrator’s motivation to tell the t ale influences the credibility of the story, which makes the narrator’s point of view, credibilityRead MoreEdgar Allen Poe is very well known for several profound short stories.700 Words   |  3 Pages Edgar Allen Poe is very well known for several profound short stories. The Tell Tale heart is known around the world. The story The Tell Tale Heart, by Edgar Allen Poe Shows the reader the inner complexity behind the unnamed, main character who in this particular story is also the narrator for the reader. Poe portrays a character whose almost every sensory that is used in the story becomes a reminder of the crime he has committed. The conflict within the narrator is extremely noticeable inRead MoreEssay on Revenge, Insanity, Murder Poe1335 Words   |  6 PagesEnding in death most foul, â€Å"The Cask of Amontillado† and â€Å"The Tell-Tale Heart† feature revenge and a painstaking cruelty. Pushed to the point of insanity and retribution sought over tri vialities, the narrators tell each story by their own personal account. The delivery of their confessions gives a chilling depth to the crimes they have committed and to the men themselves. Both men are motivated by their egos and their obsessions with their offenders. Prompted by their own delusions, each manRead MoreEdgar Allan Poe s The Tell Tale Heart1538 Words   |  7 Pagesyou say that I am mad?† Poe wrote this line in his â€Å"The Tell-Tale Heart,† and he very well could have been speaking about himself. Many generations have debated on whether or not Edgar Allen Poe was a mad. Reviewers and readers have looked at Poe’s work for nearly two centuries, trying to pick it apart and see if it’s the ramblings of a mad man or well pieced together stories of a literary genius. It’s almost easy to see from the point of view of those that would go as far as to call Poe insane, becauseRead MoreAnalysis Of The Tell Tale Heart By Edgar Allen Poe132 0 Words   |  6 PagesRory Spillane Mr. Bruno English IV period 8 1.29.15 Analysis of the Tell-Tale Heart Edgar Allen Poe was born on January 19th, 1809 in Boston, Massachusetts. He went on to become one of the most famous American poets and authors in history. The subjects of his poems and stories were often morbid in nature, many of them having to do with death and murder. Unfortunately, the dark tone of his work reflected the darkness of his life, which was marked with notable instances of tragedy, such as theRead MoreAnalysis Of Nathaniel Hawthorne s The Great Gatsby 1416 Words   |  6 Pagestheir points of view and protagonist conflicts. Both authors implement the dark usage of point of view in their stories, that they both utilize it as foundations, yet they use different perspectives of the narrator. Third person and first person can ultimately change the atmosphere of a story. A protagonist, as a narrator,can see things as symbols of their past, whilst a narrator in third person and the audience see it as a simple object. Going back to Hawthorne and Poe, they use the points of viewRead MoreThe Tell Tale Heart By Edgar Allen Poe981 Words   |  4 PagesThe Tell-Tale Heart In the first-person short story â€Å"The Tell-Tale Heart† by Edgar Allen Poe Men have guilty intentions. A man can have a heart and do something harmful and have guilty intentions afterwards. It has a lot to do with how a person is feeling on the inside to actually determine their intentions. The Tale-Tell Heart follows an unnamed narrator who insists on his sanity after murdering an old man with a vulture eye. From the complex of all of Poe s short stories, The Tell-TaleRead MoreMental Challenges in The Tell-Tale Heart Essay618 Words   |  3 Pagesfiction. One of Poe’s most famous works was The Tell-Tale Heart which explores murder, mental illness, cruelty and horror. The viewer becomes aware of the unprovoked mental challenges between characters which heightens the tension and fear, as darkness envelops the reader and the strong beating of a heart gradually grows louder. In order to create a more dramatic storyline, Poe has applied a range of narrative technique s including characters, point of view, setting, and theme, to amplify the intensity

Interest Rate Risk Free Essays

INTEREST RATE RISK Q1. Which of the following correctly defines Basis Risk? (MCQ)A company having a variable interest rate for a specific loanA company having a fixed interest rate for all loansThe risk of the difference of interest rate amount set on assets liabilitiesA company has a similar quantity of assets liabilities, having a different basis for their floating rate(2 marks) This information relates to Q2 Q3.Rotec Co wants to borrow $30,800 in two months’ time ; is seeking to save them from any interest risk. We will write a custom essay sample on Interest Rate Risk or any similar topic only for you Order Now The bank has explained an agreement to provide hedging for Rotec Co. This agreement can lock interest rates for future. The borrowing will be for three months. The forward rate agreement is as follows: 2 months V 3 months 3% – 4.5%2 months V 5 months 4.2% – 5.1% Q2. Calculate the interest amount to be paid if the actual rate will be 3% in two months’ time? (MCQ)$161.7$231$392.7$924(2 marks) Q3. Calculate the refund amount by the bank if the actual rate will be 6.3% in two months’ time? (MCQ) $46.2$92.4$138.6$161.7(2 marks) Q4. A company is looking at the following options to hedge itself from interest risks. Which of the following will support the cause? (MRQ) SmoothingMoney market agreementsMatchingDealing with home currency(2 marks) Q5. A yield curve is a relationship between yield ; maturity dates of similar bonds. Select the appropriate yield curve. (P;D)Short-term bonds have lower yield due to their risk Long-term yields have lower yield due to the downfall in the economy Short/Long – term bonds provide a close equal yield FLAT YIELD CURVE NORMAL YIELD CURVE INVERTED YIELD CURVE(2 marks) Q6. Select the appropriate theories in relation to different interest rates on different securities. (P;D)Investors needing high returns for long-term security contracts The assumption by an investor that higher interest rates are due to future inflation Security markets are separate from each other ; have distinct customers GOVERNMENT POLICY MARKET SEGMENTATION THEORY LIQUIDITY PREFERENCE THEORY EXPECTATION THEORY(2 marks) Q7. Select the appropriate option relating to the usefulness of the yield curve. (HA)Yield curve may indicate the economy position TRUE FALSEYield curve may be helpful in decision making with respect to loan ; but not interest TRUE FALSE(2 marks) Q8. Which of the following contract have long-term validity? (MCQ)Currency FuturesInterest rate OptionsInterest rate Swaps Forward rate agreements(2 marks) Q9. Select the appropriate option in relation to interest rate futures. (HA)If the need for Borrowing, Selling the futures now ; Buying them back at the close date TRUE FALSEIf the need for Deposit, Selling the futures now ; Buying them back at the close date TRUE FALSE(2 marks) Q10. Which of the following statements is correct? (MCQ)Currency futures have a range of closeout datesInterest rate options are cheaper than Forwarding rate agreementsForward rate agreements lapse if unused in the given time periodSwaps are unable to be exercised if the amount ; time periods are different(2 marks) Q11. Yakut wants to borrow money from the bank in three months’ time by using a collar transaction. Which of the following statements are true in relation to the collar transaction? (MRQ) Yakut will buy a cap agreementBank will buy a cap agreementYakut will sell a flooring agreementBank will sell a flooring agreement(2 marks) Q12. Uma Co wants to deposit money into Hale Ltd, a banking institution. Hale has offered a collar transaction. Which of the following statements are correct? (MRQ) Bank will sell a cap agreementUma Co will sell a cap agreementUma Co will sell a flooring agreementBank will buy a flooring agreement(2 marks) INTEREST RATE RISK (ANSWERS) Q1. DA company having a variable interest rate for a specific loan (Floating interest rate risk)A company having a fixed interest rate for all loans (Fixed interest rate risk)The risk of the difference of interest rate amount set on assets liabilities (Gap risk)A company has a similar quantity of assets liabilities, having a different basis for their floating rate (Basis risk) Q2. CInterest Payment = [30,800 Ãâ€" (3% Ãâ€" 3/12)] = $231Payment Extra = [30,800 Ãâ€" ({5.1 – 3} % Ãâ€" 3/12)] = $161.7Total cost = 231 + 161.7 = $392.7 Q3. BInterest Payment = [30,800 Ãâ€" (6.3% Ãâ€" 3/12)] = $485.1Refund = [30,800 Ãâ€" ({6.3 – 5.1} % Ãâ€" 3/12)] = $92.4Total cost = 485.1 – 92.4 = $392.7 Q4.Smoothing, Maintaining a balance between fixed floating borrowing rates (Correct)Money market agreements not exist (Incorrect)Matching, Matching assets liabilities with same interest rates (Correct)Dealing in home currency, the technique of dealing foreign currency risk (Incorrect) Q5.Short-term bonds have lower yield due to their riskNORMAL YIELD CURVE   Long-term yields have lower yield due to the downfall in the economy INVERTED YIELD CURVE Short/Long – term bonds provide a close equal yield FLAT YIELD CURVENORMAL YIELD = Sign of economic boom INVERTED YIELD = Sign of economic recessionFLAT YIELD = Sign of transition from boom to recession or vice versa Q6.Investors needing high returns for long-term security contracts LIQUIDITY PREFERENCE THEORY The assumption by an investor that higher interest rates are due to future inflation     EXPECTATION THEORY Security markets are separate from each other have distinct customers   MARKET SEGMENTATION THEORY The government policy of keeping interest rates high may effect in keeping short-term interest rates higher than long-term rates. Similarly, a government may also keep very low short-term interest rates. Q7.Yield curve may indicate the economy position TRUE Yield curve may be helpful in decision making with respect to loan but not interest FALSEYield curves help in both loan interest decision making. Q8. CAll other agreements are less than a year. Q9. If the need for Borrowing, Selling the futures now Buying them back at the close date TRUE If the need for Deposit, Selling the futures now Buying them back at the close date FALSEIf the need for Deposit, Buying the futures now Sell them back at the close date Q10.Currency futures have a range of closeout dates, has specified date (False)Interest rate options are cheaper than Forwarding rate agreements, are expensive (False)Forward rate agreements lapses if unused in the given time period, have to close out at the given time (False)Swaps are unable to be exercised if the amount time periods are different, it can only be exercised if timing the amount are same hence (True) Q11. Yakut will buy a cap agreementYakut will sell a flooring agreementCap is an interest rate ceiling limiting the interest rate. Floor sets a lower limit of interest rates. Q12.Bank will sell a cap agreementBank will buy a flooring agreementCap is an interest rate ceiling limiting the interest rate. Floor sets a lower limit of interest rates. How to cite Interest Rate Risk, Papers

HR as a Strategic partner free essay sample

Human Resources – the one department that is the most important to a company’s bottom-line is also one that is treated with the least respect across all industries. The general consensus is that the HR Department and the rest of the organization are Strange Bedfellows, when in fact they are Strategic Partners who should blend seamlessly to achieve organizational objectives. But what we see is a single-minded dislike for the HR department by most employees of the organization. The reason for this sorry state of affairs can be traced to several widespread myths regarding the function among employees. Two of the most important ones are as follows: Myth No. 1 – Employees feel that â€Å"The HR function is responsible for making employees happy. They should take care of everything, from providing employees good food to ensuring that the AC’s temperature is just right†. When in reality, an HR manager’s job is not to make employees content; it is to make them competent. We will write a custom essay sample on HR as a Strategic partner or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In simpler words, HR Managers will not provide you a beanbag at work to recline on, but they will strive to increase your competencies that would hold you in good stead for the rest of your life. And that is all that matters in today’s professional and highly competitive world. Myth No. 2 – â€Å"The HR department comprises of a bunch of people who sit around in their ivory tower and make rules according to their whims and fancies†. While actually, HR as a function not only belongs to HR Managers, but to all managers across the organization. Translated, it means that the HR function is highly inclusive and works in tandem with all departments of the company. The criticality of the HR function can be understood by asking a simple question – What is it that makes any organization a success or a failure? Planning, Strategic decisions, Productivity, Sales figures, etc. , are a few things that instantly come to mind. What we forget to acknowledge is the fact that all these factors are a result of the efforts of the â€Å"people† of the organization. And who ensures that the right kinds of people are positioned in the right jobs in the company? The answer to that one is quite obvious. The HR department performs an array of complex activities – From Manpower Planning to Recruitment, Performance Management to Compensation and Benefits, Training and Development to Career Advancement; all of which aim at Organizational as well as individual employee development. And yet they are accused of being a ‘necessary evil’ and a ‘dark bureaucratic force’ by many. The HR function is Necessary, Yes; is it an evil? No! It is a Force, yes; but Dark and Bureaucratic? No and No! So why is HR misunderstood and mistrusted by so many, especially when the function is a benign one? Honestly, the blame lies partly with the HR managers as well for letting things get out of hand. Somewhere in the trade-off between the various roles that they are expected to play, HRs in general have started placing more importance on the roles of the ‘Admin Expert’ ‘Strategic Partner’ and have foregone the roles of the ‘Change Agent’ and ‘Employee Champion’. While they are performing the former two flawlessly, the latter roles are of great importance as well. And this negligence has resulted in widespread manifestation of disregard for the function. And unless we strike a balance between these paradoxical roles, redefining HR as an EmployeeFriendly function would be an uphill task. That said, let’s take a look what other options we have, as future HR personnel to dispel the feeling of general animosity towards the function? The answer quite simply lies in the basics. As with any other relationship, proper communication is the key to mend damages in professional relationships too. The HR person is every employee’s first point of contact before/ immediately after joining an organization. Right from the induction programs, it is the HR who facilitates the transition of a person from an outsider to a member of the organization. And we need to leverage this power for all its worth right from the word go! We need to establish proper communication channels right from the time of entry of the employee into the organization and ensure that this process of communication is a perpetual process and not an intermittent one. Next of course are the all-encompassing and highly coveted employee engagement programs. Ensuring that the HR department is projected not merely as a facilitator but also as the interface that conducts such engagement activities would ensure that employees have a change in perspective regarding HRs in general. Instead of going about this the tried and tested way, HRs can get creative and use several innovative means to achieve this. From videos depicting ‘a day in the life of an HR’ to shadowing programs (which would give employees a real-time feel of the trials and tribulations of an HR person) the possibilities are endless. And most importantly, as stressed upon earlier in this article, HR is not just about performance appraisals and pay cuts. The function is the backbone of any organization, performing an array of critical activities. HR managers need to convince the employees that they are in fact their allies and not their detractors. The new age HR managers need to remember that each action of theirs reflects on the image of the function as a whole. A slight change in our attitudes would go a long way in changing employee perceptions about our function. We as a team honestly believe that it is not a question of ‘If’ this change would happen; rather it is a question of ‘When’ it would happen. And when this happens, the HR function would assume its rightful position of importance in the Organizational structure.