Wednesday, January 29, 2020
Politics and Religion Essay Example for Free
Politics and Religion Essay To answer the hypothetical question whether or not, if I was a political leader in the early seventeenth century, I would use religion to my own ends would be very difficult and daunting. At the very outset, it should be noted that the 17th century was a very exciting period. It was characterized by major movements, shakers, upheavals and pivotal points. To be brief and concise, allow me to offer a timeless, albeit simplistic answer to this above mentioned hypothetical question. My answer would be NO, and I offer three reasons to back my answer. 1. Politics and Religion must never mix. Most democratic countries declare in their state principles and policy that there should be a separation of Church and State. So much so, matters of spiritual import can not and must not exist alongside matters of political and ââ¬Ëworldlyââ¬â¢ dominions. To mix both would be to invite chaos and perhaps, bigotry, social injustice and create inequities due to over zealous religiosity. 2. Lessons in History tell us that religious standards imposed by those who wield political influence crumbled in time. Such lessons definitely point out that indeed, sound judgment dictate that a political leader should not use religion to advance his own ends. We see abdications, uprising and other violent overthrows and civil uprising involving religious disquiet and bigotry towards political leaders, not only in the 17th century, but all throughout history, when religion is used by political hands. Religion, being the opium of the masses may prove beneficial at times, but in the long run, like the effect of drugs or opium, people come to their senses, and again, as earlier pointed out, there must be a separation of matters of faith and matters of state. 3. Using religion to advance oneââ¬â¢s ends, no matter how noble is morally wrong. One should use sheer power of conviction, political will and strength of character and unbridled and sterling leadership qualities if one is to be an effective political leader. The use of spirituality or religion in advancing oneââ¬â¢s political ends is a moral wrong. This by example, as the Spaniards once were, is called mammon after Christ/Cross. Up until now, the Roman Catholic Church is plagued and beset by the wrongs committed by the Church officials during the dark ages. This only shows that again, Religion and Politics are two ââ¬Ëincompatibleââ¬â¢ concepts, and should be avoided. While an enlightened governance or political leadership is a paradox, it should not be an impossibility. After all, conscientious leadership is a desired trait for a political leader, however, out and out, politics and religion should not be put out in one outfit, especially so in such turbulent a time as the 17th century. For the above stated reasons, I reiterate my answer; No. If I was a political leader in the 17th century, I will not use religion for my own end.
Tuesday, January 21, 2020
Essay --
Philosophy is derived from Ancient Greek as ââ¬Å"philosophiaâ⬠which means ââ¬Å"love of wisdomâ⬠(Liddell). In Western Philosophy, there are two predominant schools of ethical thought and these are: categorical moral imperative and consequentialism. In this essay, some background descriptions on each theory are provided, and I will provide justifications for using categorical moral imperatives. The categorical imperative is one of the central philosophical concepts that were developed by philosopher Immanuel Kant. Kant moral philosophy is deontological; it rests on the notion of duty or obligation from the Greek word ââ¬ËDeonââ¬â¢ (Kant, Immanuel). Kant formulated the categorical imperative in three different ways: The first universal law formulation ââ¬Å"Act only on that maxim through which you can at the same time will that is should become universal lawâ⬠. (Kant, Immanuel) In other words, any moral law or maxim you choose to adopt, it has to have rational sense to be implemented for everyone else to adopt is as well. If so, then this moral law can guide whatever course of action is open to you. The second humanity or end of itself formulation ââ¬Å"Act in such a way that you always treat humanity whether in your own person or in the person of any other never merely as a means but always at the same time as endâ⬠(Kant, Immanuel) In other words, this al most follows the golden rule treat people with respect, so that they can treat you with the same courtesy. Moreover, treat thyself with the same respect as you would treat others. The third kingdom of ends formulation ââ¬Å"Therefore, every rational being must so act as if he were through his maxim always a legislating member in the universal kingdom of ends.â⬠(Kant, Immanuel) In other words, we should treat eac... ...s a life at stake. Going back to the example, I can also argue that is not necessary for the person at the house to tell the stranger where the family relative is. It is true that he is not allowed to lie, but he can also choose to stay quiet. If he doesnââ¬â¢t say anything he has neither lied nor told the truth to the murderer. Kantââ¬â¢s categorical imperative can provide a set of rules to formulate what a good person is and should do. Kantian philosophy is deontological and it requires people to always do their duty. Kant does not forbid feeling good or happiness, but it must be the case that each person can fulfill their duty even if they did not enjoy doing it. In summary, in order to determine whether or not a particular act is good or bad, morally speaking, we must apply the categorical imperative and I have provide justifications to use it in our daily day lives.
Monday, January 13, 2020
Concept Briefing
Abstract This briefing describes collocation of bibliographic records and how it helps to formulate effective search strategies resulting in good information retrieval. Collocation is the cataloging process of bringing together related items, such as titles written by the same author, editions, and versions of the same title, or materials on the same topic. This briefing also provides examples of the value of collocation in maintaining a successful library catalog such as compiling all information on Princess Diana in one record would be an example of collocation.Use of collocation in bibliographic records can provide vast improvement in information retrieval. Introduction Cataloging is a register of all bibliographic items found in the library. Items can be any kind of entity that is a library based material (book, magazine, audiobook, etc. ). Bibliographic control, cataloging teaches us, encompasses all the activities involved in creating, organizing, managing, and maintaining the file of an entity record. To maintain consistency in multiple matching entities, catalogers use the process of collocation to bring them together.The better the catalog, the higher the credibility a library has with its users. Usersââ¬â¢ are more content with fast, accurate and effective retrieval of information. All collections, either physical or virtual, are formed through collocation, the process of bringing together related information (Taylor 1999). It is a useful term because it emphasizes the purpose of collection building and can be applied to the different means used to bring together materials. Collocation is often associated with physical location, such as when materials written by the same author are placed together on shelves in library.A library catalogue also provides collocation by bringing together like materials through a system of records and references. In the electronic age, collocation is associated with virtually grouping materials together, â⬠there i s evidence that people writing about the same concept often do not use the same words to express them. (Taylor, 2009, p. 333) Definition According to Arlene Taylor, collocation is ââ¬Å"the bringing together of records and/or information resources that are related in some way (e. g. same author, same work [different titles or different editions], same subjects, etc,). As all cataloged materials have a call number, collocated materials can be assigned a collocation device. ââ¬Å"A number or other designation on an item used to place it next to (ie. , collocate with) other items that are like it. â⬠(Taylor, 2009, p. 449) Purpose and implications The purpose behind cataloging was established in 1876 by Charles Ammi Cutter. They were: (1) to enable a patron to find a book by author, title, or subject; (2) to show what the library has by a given author, on a given subject, or in a given kind of literature; and (3) to assist in the choice of a book as to the edition, or as to its character. Cutter's objects describe two distinct-functions for the catalog: a finding list function and a collocation (gathering) function. â⬠(Intner, 200 , p. 2) In cataloging, all publications of an author are filed in one place under the heading for the author's name. Editions of a work are together under the heading for the title. Then, finally, all subjects are gathered under a subject heading. Authority control is the procedure by which consistency would be maintained through these various headings. A library patron could search the records by a name, title, or subject search. Through collocation, all of these searches are brought together. Primary access points also provide a way to collocate all derivations of the work. If there are several manifestations of a workââ¬âa translation, an illustrated version, an audio versionââ¬âchoosing the same primary access point for them means that in most retrieval tools they will be displayed together. â⬠(Taylor, 200 6, p. 171) Collocation is an important outcome of the practice of choosing primary access points. ââ¬Å"This access point has proved to be, so far, the only way to collocate all manifestations of a work, including instances when manifestations have different titles, and editions have different authors. â⬠(Taylor, 2009, p. 269)
Sunday, January 5, 2020
History The American Revolution - 1442 Words
History never teaches fatalism. There comes a moment when the will of a handful of a Freeman breaks through the determination and opens up the roads. Human history has always been filled with individual liberty ideas. Liberty is known to be the idea that is firmly held by men in their hearts, as they were willing to fight or even die for it. It was an ecstatic feeling when they finally achieved it. The people had an idea of a constitutional freedom and the moral quality, which was strongly held in the peopleââ¬â¢s hearts in America, and it consequently spread to other countries in the world. It is believed that American Revolution was the most important chapter in human history just because it was their action that made the ideals of liberty,â⬠¦show more contentâ⬠¦It all started with the revolution of America because of their declaration of independence as these Americans wrote the privileges of independence and freedom into their Bill of Rights. All this is seen on the fo urth amendment, which states, ââ¬Å"Liberty consists of the power to do whatever is not injurious to others; thus the enjoyment of the natural rights to every man has its limits only those that assure other members of the society the enjoyment of those same rights. Pg 424 .â⬠The news about American Revolution spread faster around the globe. It had many admirers, and among them was Lajos Kossuth the Hungarian nationalist who described revolution and being the noblest, and the happiest page in the history of humankind. On showing the world that the liberty ideals can be achieved, this began to sow seeds of determination and hope into peopleââ¬â¢s hearts. The American Revolution was an inspiration to other revolutions to take form throughout the world. Since the start of civilization, the humankind has sought to be free and independent. Due to the American Revolutionââ¬â¢s success, the motivation and model for them to mold their revolutions have become very clear. At this time now, they can rule over themselves and avoid being ruled over by the kings who think they are in power just because God granted it to them. The American Revolution traces are found in other revolutions such as in their respective declaration ofShow MoreRelatedHistory : The American Revolution Essay1435 Words à |à 6 PagesHistory never teaches fatalism. There comes a moment when the will of a handful of a Freeman breaks through the determination and opens up the roads. Human history has always been filled with individual liberty ideas. Liberty is known to be the idea that is firmly held by men in their hearts, as they were willing to fight or even die for it. It was an ecstatic feeling when they finally achieved it. The people had an idea of a constitutional freedom and the moral quality, which was strongly held inRead MoreThe American Revolution And American History953 Words à |à 4 PagesIn the year 1765 the American colonists in the thirteen colonists had an upheaval with Great Britain. The colonists were tired of British Parliamentââ¬â¢s rules and taxes that Parliament was placing on imported goods; such as te a. Historians believe that the beginning point in American History really started with the American Revolution. Britain was trying to force their culture onto the colonists. However, the colonist wanted no part in changing their whole cultural background that they created to theRead MoreThe American Revolution And American History Essay1376 Words à |à 6 Pages The American Revolution was an important moment in American history. The revolution shed new light on how people could live and how a nation could be governed. Looking back, one might think that the British saw the American colonists as a group of people easy to conquer. In the time period of the American Revolution, women were seen more as property rather than active participants in war, but women played a large part in the war. In the end, the American Revolution transformed the United StatesRead MoreAmerican History : The American Revolution1484 Words à |à 6 PagesPhuong Dung Ngo History 101 Assignment A 09/17/2014 The American in 1606 History is important because it has always encouraged everyone to think creatively about their nationââ¬â¢s history and take them back to the past in order to learn. The American Revolution (1775-1783) is one of the most famous events in American history. Why did it happen and how did it happen? There are many reasons to explain the colonial feelings leading up to the American Revolution. When the thirteen colonies were foundedRead MoreThe American Revolution And Its Effect On American History1537 Words à |à 7 PagesThe American Revolution began in 1775. Due to the Revolution 1775 proved to be one of the most productive years in American history. The American Revolution caused great changes in the original thirteen colonies that helped mold the United States into what it is today. The revolution caused changes in the original coloniesââ¬â¢ economics, caused immense changes in slavery, and changed the society of the colonies in general. As a result of the French and Indian war Britain neglected the American coloniesRead MoreAmerican History: A Revolution in the Colonies1900 Words à |à 8 PagesRevolution in the Colonies The revolution was more about the political freedom than economic issues. This was a political turmoil that took place between 1775 to 1783; 13 British colonies joined together to liberate themselves from the British Empire and unite to from the United States of America (American Revolutionary War, 2011). It began with the rejection of the Parliament of the Great Britain, which lacked their representation, as governing body from overseas, then followed sending away allRead MoreThe American Revolution : A Significant Part Of American History1399 Words à |à 6 Pages The American Revolution is a very significant part of American History. It is more than just a course for credit. After all, it is the reason behind the birth of this great nation. The American Revolution took place between 1765 and 1783 during which the colonists in the thirteen American colonies rejected the British monarchy and aristocracy, overthrew the authority of Great Britain and founded the the United States of America. By 1763 the crisis had begun to develop. John Adams was right whenRead MoreThe American Revolution : A Major Part Of American History1306 Words à |à 6 PagesPhillip Hansen Mrs. Blomme Honors 1 2 October 2014 The American Revolution The American Revolution is greatly known around the United States and was a major part of American History. It was at the time when Britain was in charge of thenewly found colonies, but these colonists were not happy, since Britain is across the Ocean. After too much power being brought from the King to the Colonies, the colonists decided to rebel. The colonists had the intention of causing a rebellion against the BritishRead MoreImpact Of The Market Revolution On American History1460 Words à |à 6 PagesThe Market Revolution was the most fundamental change in American history all because of three very important developments. These developments consisted of transportation, commercialization and industrialization. Transportation developed many more ways to get around by roads, canals, steamboats and even railroads. Commercialization began to replace household self-sufficiency with goods that were starting to be produced for a cash market. Industrialization was life changing for all of goods that wereRead MoreThe Haitian Revolution And Latin American History1278 Words à |à 6 Pages The Haitian Revolution was one of the most important slave revolts in Latin American history. It started a succession of other revolutionary wars in Latin America and ended both colonialism and imperialism in the Americas. The Haitian Revolution affected people from all social castes in Haiti including the indigenous natives, mestizos, mulattos and the Afro-Latin. The idea of starting a rebellion against France began with the colonyââ¬â¢s white elite class seeking a capitalist market. These elites in
Friday, December 27, 2019
The Animal Ownership Of George And Washington - 1502 Words
Growing up on a farm has allowed me to learn about many different types of animals. Starting from the beginning of my animal ownership starts with George and Washington. Living on the farm barn cats were always around. When I was about three years old I found these two fur balls. No, I was not a historical genius at the age of three to name them George and Washington, so my dad did. George was grey with beautiful big eyes. Sadly, Washington did not fare so well in appearance. He looked a bit grungy with his white coat since he had lived outside his whole life, and he his one eye was also blind. They were quite a dynamic duo though, catching mice and pestering the birds in the barn. In the summer I remember climbing up on the straw balesâ⬠¦show more contentâ⬠¦This was a short friendship, but it taught a great lesson; know the basics before you dive into something knew. I wanted another friend to hang out with, since my brother got boring sometimes, so I talked my family into g etting a dog. We looked at our local pet shelter. Right when I walked in I walked over to a dachshund (She was the quietest dog in the shelterâ⬠¦ little did my family know *eye roll). A week later the dachshund was home with the new name Libby (Thinking back on it, we should have named her Cleopatra since she looks like someone applied heavy eyeliner all over her eyes). Libby definitely tricked us with her shy personality at the pound. She is a force to be reckoned with, but I love her. Libby has little dog syndrome. She picks fights with the biggest and baddest, semi trucks. The tiny beast also finds it necessary to escort out all of our visitors to our property line (She runs on the side of the road barking until after the car passes the property line. My family is still not sure how she knows where our property line isâ⬠¦ but she has mastered it). Do not get me wrong, Libby is a lover, and clingy lover at that. Every night I fall asleep she has always burrowed under the c overs right next to my feet. My little fighter has taught me to stand my ground, no matter how tough the opponent is. This has helped me become successful in many of my academics and athletics in high school. This lesson will also be veryShow MoreRelated A Human For Nature Essay1585 Words à |à 7 Pagespopulation of America grew very rapidly. With a growing population more and more forests were converted for agricultural purposes. By the 1840ââ¬â¢s Manifest Destiny had become popular, and the government thought transfer of public lands to private ownership as the best way to utilize the continents many resources. Around this time, the lumber industry was booming due to increased demand for railroad construction. In the mid-1800ââ¬â¢s some conservationist groups formed and were able to set land aside inRead MoreGun Control During The Civil War1407 Words à |à 6 Pagespredatory animals. As time passed, man s knowledge of weaponry expanded beyond a simple club and transforme d into guns. Prior to the 1850s, Americans owned guns though none were used to inflict violence upon another person. ââ¬Å"As a result, guns contributed little to the homicide rate, which was low everywhere, even in the South and on the frontier, where historians once assumed guns and murder went hand in hand (Roth, 223).â⬠All of this changed before and after the Civil War, when gun ownership andRead MoreEuropean Colonization Of The Americas1393 Words à |à 6 Pagesthe New World. Europeans acquired the magnetic compass, which allowed mariners to determine direction even when out of sight of land. When the new world was discovered, ââ¬Å"The Columbian Exchangedâ⬠was born. Many goods such as clothes, food and animals were exchanged. Sadly so were negatives things such as diseases. Eventually cures were found though. The Protestant Reformation was initially created to reset the beliefs and practices of the Roman Catholic Church. There was immense corruptionRead More The Importance of Art Education in Young Children Essay examples2174 Words à |à 9 Pagescreates something by using an abundance of geometrical shapes might be a more structured and by-the-book sort of individual. Subject content of a piece can also tell the viewer about the interests of a child. A child who likes animals may draw pictures of all sorts of different animals, or a little girl may draw pictures of princesses. Such analysis of a piece of art can not only help children become more familiar with themselves and their interests, but can allow those around them to notice new detailsRead More National Parks or National Problems? Essay2990 Words à |à 12 Pagespassing diseases onto the ranchers cattle herds. The ranchers feel hunting and euthanasia of infected animals is necessary (United States Department of the Interior, National Park Service, 14). In addition, the elk and bison herds have greatly increa sed, causing severe overgrazing in certain areas of the parks. Erosion and stream sedimentation result, which in turn affects various plant and animal species (Baden and Leal, 13). This chain of events may even lead to the placement of certain organismsRead MoreShould Gun Control Be Regulated During The United States?2888 Words à |à 12 PagesProfessor Burger-Weiser First Year Writing 1 May 2015 Eliminating Assault Rifles Gun control is a frequently debated topic in the United States. It is often defined as any sort of law or regulation that restricts or forbids the use, the sale, or ownership of a firearm. People argue that because the constitution allows citizens the right to bear arms, that citizens should be allowed to carry weapons, however, this is often taken out of context. The Second Amendment says that citizens have the rightRead MoreState Theatre Essay1878 Words à |à 8 PagesAt a hundred and four years old, the State Theatre still stands as one of Bay Citys most recognizable landmarks. Despite floods, fires, and a centurys worth of history, the theater proudly remains and operates on Washington Street. Dozens of events are put on there each year. Orchestras, Vaudeville, various musical groups, and comedians are just a few of the thousands of acts that have been housed within its walls. The building inside has been remodeled various times over the last few decades,Read MoreAmerican Charac ter - Then and Now2118 Words à |à 9 Pagesepitome of what is now recognized to be American character: the pioneer or farmer (Peck 43). This was a man who provided for his family by depending on vegetation and hunting. He did not care whether the land he temporarily occupied was in his ownership or not. When the area became too civilized, the pioneer moved on to make new discoveries and left his soil and house for the new wave of immigrants. Thus, introducing the second stage of western civilization. These immigrants purchased the pioneersRead More american character - then and now Essay2086 Words à |à 9 Pagesthe epitome of what is now recognized to be American character: the pioneer or farmer (Peck 43). This was a man who provided for his family by depending on vegetation and hunting. He did not care whether the land he temporarily occupied was in his ownership or not. When the area became too civilized, the pioneer moved on to make new discoveries and left his soil and hou se for the new wave of immigrants. Thus, introducing the second stage of western civilization. These immigrants purchased the pioneerââ¬â¢sRead MoreEssay about Review over the Paradox of Sitting Bull4167 Words à |à 17 PagesBlack Hills and who would control them. The U.S. then sent a group of military men to explore the land. This was led by Lieutenant Colonel George Armstrong Custer. During the expedition, the men discovered very few evidences of precious metals but some gold did surface. The Sioux wanted Colonel Custer and his men to leave their land and go back to Washington. Custer then complained to the federal government about the quality of the reservation which led to the asking by the federal government to
Thursday, December 19, 2019
Mission And Daily Operations Management - 3231 Words
OPERATIONS MANAGEMENT in HEALTHCARE Franziska M. Ives Liberty University BUSI 650 Operations Management Hampton, VA 8 May 2015 Table of Contents Abstract (150-250 words) The mission and daily operations in the healthcare industry varies from department to department. It is critical for employers and managers to learn and implement key components of the operational management to increase productivity, which in turn will yield greater results. Operations management is a vital component to the success of an organization. Managers must focus on identifying the weak areas of an organization and implement the most current strategic approaches, determine what business model works best within a department, place an emphasis on theories that motivate workers to met organizational goals, and the ensure the best practices are being used in the firm to produce optimal results. Operation management techniques are used to improve, increase and develop continuous development models that increase the productivity organizational growth. Models and ideals are used to help managers decide how to best utilize the labor pool, to perform tasks and patient treatments, l ogistic movement and IT support functions. This paper will examine how the principles of benchmarking, theory of constraints, six sigma, quality function deployment, business process reengineering, supply chain management, capacity scheduling and location planning, workShow MoreRelatedThe Transformational Leadership Theory For Student Athletes Essay938 Words à |à 4 Pages ââ¬Å"Time-Outââ¬â¢s mission is to empower student-athletes to be successful adults. Time-Out is committed to providing prevention and support services that will prepare them to be self-sufficient adults.â⬠Rationale to Create a Supporting Culture To create a culture that supports the programââ¬â¢s mission, this student looks to rely on the transformational leadership theory. The transformational leadership theory is the positive impact a leader has on those they supervise and methods used to achieve optimisticRead MoreProgram Mission And Community Resources1469 Words à |à 6 PagesProgram Mission and Community Resources The program for the course projectââ¬â¢s titled Time-Out and it will look to provide prevention and solution-based services to African American male high school athletes located in the community of Hampton, Virginia who are at-risk or have engaged in criminal activities, truancy, poor academic performance, or weak support systems. This paper will provide readers the programââ¬â¢s mission statement and rationale as to how the programââ¬â¢s culture will be created to supportRead MoreWhat Key Aspects Set Apart Successful Companies?1275 Words à |à 6 Pagescharacter traits. There are external factors which can affect motivation and it is vital that leadership understand and utilize these concepts since a motivated workforce will lead to organizational success. 6. Sevva, Varun R. ââ¬Å"Chain of Command Management Compass 6 Feb. 2013. Gale Document Number: GALE|A317717974. Retrieved from: http://ezproxy.liberty.edu:2048/login?url=http://go.galegroup.com/ps/i.do?id=GALE%7CA317717974v=2.1u=vic_libertyit=rp=sw=wasid=9ff7d6c4ece0a3e811e2448aa39de7db.Read MoreHow Do You Actively Support And Your Key Communities? Essay1550 Words à |à 7 Pagesinvolves field operations, headquarters and mission support. The agencyââ¬â¢s strategic planning practices entail brainstorming new ideas, implementing innovations and reflecting on past practices in developing action plans to improve daily functions, upcoming operations and immediate response actions to crisis situations. The operational plan or warning order provides mission critical information regarding equipment, personnel and objective, it also denotes the time frame to fulfill mission requirementsRead MoreIndoor Adventure Paintball Park ( Outdoor Adventure )1089 Words à |à 5 Pageshunting, sailing or even horseback riding among other sports events. The management of such an event provides a complex test of organization skills and a web of complicated decision-making that stem from clear understanding of business operations. The complex situations demands for skillful and competent managers who have clear business strategies and vision for successful business operations (Davidson Stebbins, 2011). The management of Outdoor Adventure Paintball Park (Outdoor Adventure) and as perRead MoreStrategic Planning : Strategic Management1707 Words à |à 7 Pagesinvolves field operations, headquarters and mission support. The agencyââ¬â¢s strategic planning practices entail brainstorming new ideas, implementing innovations and reflecting on past practices in developing action plans to improve daily functions, upcoming operations and immediate response actions to crisis situations. The operational plan or warning order provides mission critical information regarding equipment, personnel and objective, it also denotes the time frame to fulfill mission requirementsRead MoreOrganizational Management and Operations Essay1141 Words à |à 5 PagesOrganizational Management and Operations Keith W. Porter CJA/484 Criminal Justice Administration Capstone Jamie Herring May 6, 2012 As of 2008, there are approximately 765,000 personnel employed as sworn officers in local and state law enforcement agencies throughout the United States (BJS, 2011) with an additional 105,000 law enforcement personnel in approximately 65 federal agencies as of 2004 (BJS, 2006). Law Enforcement agencies function at all levels of theRead MoreSwot Analysis : Minit Lube Company1445 Words à |à 6 Pagesan automotive maintenance that has strategically differentiated from other within the industry. this paper will examine the problems facing company and to use of the fundamental operations management tools to addresses the daily operational problems facing the company. the paper will also address the use of management tools by Minit Lube to achieve a competitive advantage within the market. in addition the, recommendation for enhanced Minit Lubeââ¬â¢s strategies will be enumerated. Finally, anRead MoreRole Of Managerial And Managerial Accounting1029 Words à |à 5 Pagesfar back as the 19th century. Service and production operations during the days of the industrial revolution were not nearly as sophisticated then as they are today. The current initial purpose of managerial accounting is comparable to its purpose throughout history. Managerial accounting has historically been useful in assisting managers with the information they need to make important decisions about their businessââ¬â¢ processes and operations (Fleischman 2006). Managerial accounting is still trueRead MoreThe Role Of Leadership Of The Institution1370 Words à |à 6 Pagesfact-finding mission that will involve all their junior employees. All the suggestions should permanent platform where all the junior employees will be allowed to air their concerns and discuss issues concerning the operation of the institution. In addition, such employees should be allowed to participate in suggesting solutions to the problems. This idea should be implemented in three phases, each involving a particular group of employees working in the same hierarchy. Firstly, the top management should
Wednesday, December 11, 2019
Banks In case of Crisis in Qatar
Question: Describe about the Banks In case of Crisis in Qatar. Answer: Introduction The emphasis of this study is the evaluation and the comparison of the performance of conventional and Islamic banks in case of a financial crisis in Qatar. It will compare and contrast the Qatar Islamic Bank (QSB) and Qatar National Bank (QNB) sectors on the basis of liquidity, capital adequacy, leverage as well as profitability. The analysis of various performances of these two banks will enable an assessment of the capability of the two banking sectors to withstand the depressions as well as shocks (Fayed 2013). The Islamic banking discourse entails equity instead of debt, risk diversification by sharing risk, transparency and sharing of information between manager and investor as well as financing in strict link to asset instead of leverage (Loghod 2010). On the other hand, conventional discourse have higher likelihood of collapsing due to asset overleveraging, copious debt, extreme securitization as well as new asset creation that are neither transparent nor comprehended. Aims and Objectives Aims To discuss the ability of Islamic banks to face the financial crisis in general To perform a comparative analysis between the Islamic and conventional banks to face any coming crisis To showcase that Islamic banks in Qatar are more advantageous to face any coming financial crisis than conventional banks To determine which banking sector (conventional or Islamic) will perform best in the face of a financial crisis in Qatar To show the reasons for the best performance of a particular banking sector using the Qatar Islamic Bank (QSB) and Qatar National Bank (QNB). Objectives To evaluate and the compare the performance of conventional and Islamic banks in case of a financial crisis in the Qatar using profitability and liquidity ratios of Qatar Islamic Bank (QSB) and Qatar National Bank (QNB). To showcase why Islamic banks will perform better compared to conventional banks in terms of mitigation of risks and insolvency To give the rationale for probability of the Islamic banks to have less problems with liquidity and insolvency declarations over conventional banks in Qatar To explain the role of prohibiting Islamic banks from engaging into banking practices that are linked directly to debt instruments. Methodology This study will implement a case study as well as cross sectional analysis on the conventional and Islamic banks in case of any coming the financial crisis in the Qatar. The purpose of this examination is to determine which banking system has sufficient performance and ability to remain sturdier in case of the financial crisis based on the leverage, liquidity, profit as well as capital adequacy (Tlemsani and Al Suwaidi 2016). This case study examination will be executed on two selected banks, Qatar Islamic Bank (QSB) and Qatar National Bank (QNB). Various reasons aided the selection of these two banks. This study will delve in local banks for measuring which of the two banks sectors, conventional or Islamic performed sufficiently. Another reason for this choice is that these two banks are suitable for scrutiny on the basis of asset size (Tai 2014). They two banks also possess a large market share. They also have a broad coverage in the Qatar. The two banks are also well established in Qatar banking industry and have a long existence since their creation which puts them at relatively same level in terms of business cycle (Usman and Khan 2012). The cross sectional analysis will be carried out for duration the study process. The purpose of such a scrutiny is the observation of the performance of the entire population of both Islamic and conventional banking systems. Conducting a cross sectional scrutiny between the conventional and Islamic banks warrants a macro display of the performance of these two banking sectors in the Qatar banking sector. This cross sectional examination is, therefore, a pioneering study topic because most of the former studies have only emphasized the summative performance of the Islamic banks in Qatar. The analysis of the financial ratio will be performed as an assessment of the performance of the Qatar Islamic Bank (QSB) and Qatar National Bank (QNB). Both income statement and balance sheet for each bank will be acquired as a resource for analyzing these ratios. The ratios will be observed return on equity and asset, profit margin, debt to equity, asset utilization, liquidity as well as equity to net loan ratio. These similar ratios will also be observed for the cross sectional examination for determining the particular financial system that performs better in case of a crisis based on capital adequacy, liquidity as well as profitability. Various ratios will be supplemented in the cross sectional examination such as liquid asset to total asset, tier one, loan to total asset, nonperforming loan ratio as well as loan to total deposit ratio. Various financial ratios will be utilized to measure the performance of conventional and Islamic banks in case of the financial crisis. The capital adequacy ratio, return on asset ratio, nonperforming loan ratio, profitability ratio, current ratio, liquidity ratio, and return on equity ratio will aid the measurement of the performance. Other ratios that will be used include asset utilization ratio, insolvency ratio, leverage and many other ratios. These ratios will be used as indicators of financial performance for the two banks (Toumi, Viviani and Belkacem 2011). These ratios will hence be computed and compared between the two banks to aid interpretations. The liquidity and profitability ratios will be used in this study as a framework for analyzing. Regarding the liquidity ratio, loan deposit, portfolio and cash investment to deposits as well as loan to total assets will aid the measurement of liquidity of the banks to showcase how the banks would meet their short term financial obligations (Rashid, Khaleequzzaman and Jabeen 2015). On the hand, profitability, return on assets, earning per share as well as return on equity will be used to assess the profitability to denote the efficiency with which the concern is in utilizing its assets. Conclusion The global banking system has been adversely impacted by the financial crisis. Nevertheless, Islamic banking sector in Qatar has remained resilient and has continued to display better performance. Especially in the Qatar, the Islamic banks performance has displayed competitive improvement compared to the conventional banks. It is expected that this study will affirm that on a macro level examination, conventional and Islamic banking sectors have been impacted adversely by the crisis based on the diminishing ROE and ROA (Arouri, Hossain and Muttakin 2011). It is expected that the study will affirm the previous discoveries that there is no significant different based on ROA between conventional and Islamic banking. It is also expected that this study will help affirm that Islamic banking sector upholds a higher proportion relative to conventional banking sector regarding the total asset and market share through cross sectional analysis. It is also expected that the study will uncover that Islamic banking sector preserve a higher proportion of liquidity compared to conventional banking sector in Qatar which is effective in case of the financial crisis (Al-Gazzar 2014). The maintenance of the lower proportion of nonperforming loans by the Islamic banking sector translates to a good quality as well as credit screening. The study expects to conclude that in overall, the impact of financial crisis remained limited on Islamic banking sector and that they are mostly affected in terms of ROE and ROA. The Islamic banking sector is also expected to outperform the conventional banks with respect to the mitigation of insolvency and liquidity risks since the Islamic banks have managed to showcase a high proportion of liquid asset (Al-Deehani, El-Sadi and Al-Deehani 2014). This revelation is expected to give the rationale for probability of the Islamic banks to have less problems with liquidity and insolvency declarations as they are prohibited from engaging into banking practices that are linked directly with debt instruments. References Al-Deehani, T.M., El-Sadi, H.M. and Al-Deehani, M.T., 2014. Performance of Islamic banks and conventional banks before and in case ofeconomic downturn. Al-Gazzar, M.M., 2014. The Financial Performance of Islamic vs. Conventional Banks: An Empirical Study on The GCC MENA Region. Arouri, H., Hossain, M. and Muttakin, M.B., 2011. Ownership structure, corporate governance and bank performance: evidence from GCC countries. Corporate Ownership and Control, 8(4 D), pp.365-372. Fayed, M.E., 2013. Comparative performance study of conventional and Islamic banking in Egypt. Journal of Applied Finance and Banking, 3(2), p.1. Loghod, H.A., 2010. Do islamic banks perform better than conventional banks? 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