I Heart Italian Subs free essay sample

Mmmmm †¦ my mouth is watering just thinking about the wonderfulness that is an Italian sub. The outside is created from a hearty loaf of Italian white bread, toasted to perfection to have just the right combination of crunchy goodness. Spilled onto that delicious bread are the oil and vinegar, giving the whole sub its gift of tangy flavor. The tomatoes are so juicy, when you bite into one, the tomato juice blasts open into a waterfall of healthy goodness. The crisp lettuce that’s piled on top of the tomatoes easily enhances the flavor of the entire sub. Now, we’ll move on to the meats. The ham, just moist enough, leaves the most scrumptious taste in the back of my mouth. The chewy salami makes me want to party all night long, because that’s how long the delicious flavor lasts. And, lastly, but definitely not least, the spicy capicola stings me right back, reminding me to enjoy the flavor while it lasts. We will write a custom essay sample on I Heart Italian Subs or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The provolone cheese on the top of the meats is almost like a container, containing the entire flavor of the sub itself, dispersing it with every bite. Ooh, I have to go now†¦I need one of those subs immediately!

Iran and the United Arab Emirates essays

Iran and the United Arab Emirates essays Numerous international conflicts exist among different world nations, occasionally resulting in serious escalation that results in the outbreak of destructive wars as in the cases of the Irani-Iraqi war, the Gulf War, the wars in Bosnia and Kosovo, or the Arab-Israeli conflict. Some conflicts have resulted in prolonged quasi-war situations as in the disputes over Kashmir and Cyprus. Many conflicts are also resolved through legal and diplomatic means and forums as in the commercial disputes between the US and the European Community. Conflicts over territorial sovereignty tend to be more serious and threatening to world peace and order, especially when they result in massive losses of human lives and property, the creation of refugee situations, or political and national humiliation. The conflict between Iran and the UAE related to the territorial sovereignty over the islands of Abu Musa, Greater Tunb, and Lesser Tunb, however, tend to be an exception concerning other conflicts over te rritorial sovereignty. The conflict between Iran and the United Arab Emirates related to sovereignty and jurisdiction over the three islands of Greater Tunb, Lesser Tunb, and Abu Musa has dominated the relations between the two countries for more than three decades, and today, this conflict remains one major obstacle to the development of international relations in the Gulf region. The conflict is further complicated by the fact that it has political, cultural, historic and strategic dimensions. Yet at the same time, this conflict is not an unstable dispute that could give any rise to the use of force or to the outbreak of violent confrontation between the two parties involved. Accordingly, peaceful diplomatic and political perspectives are highly expected to bring out a resolution in the end, regardless of the difficulties that face such a prospect. Historical Background of the Conflict Historically and for centuries, the three islands subject...

Bonuses for senior executives in the banking sector should only be Essay

Bonuses for senior executives in the banking sector should only be paid for genuine excellence - Essay Example For example, a Sales Director will earn bonuses if turnover targets are met and exceeded (Nkomo, Fottler and McAfee, 2010: 85-93). Recent years have been characterized by an outcry against paying of bonuses to senior corporate executives. This is mainly due to malpractices by top executives to ensure they earn high salaries with little regard to how the company is performing or stockholder value. These malpractices include accounting fraud. Bonuses remain popular with firms because in today’s world of heightened competition and reduced profitability, bonuses represent a variable rather than fixed cost (Murphy, 2005: 110-117). It is also widely believed that bonuses create motivation, which leads to organizational performance. Bonuses help to attract and retain managerial talent and motivate executives to perform to the best of their abilities and prevent executive dissatisfaction. It has been argued that rather than incentivizing executives to raise shareholder returns, bonuses have been turned into rent-seeking avenues by self-interested executives. This defeats the main logic behind paying of bonuses, which is to tie executive pay closely to organizational performance (Kieff and Paredes, 2010: 44-49). At the same time, it has been argued that executive bonuses affect firms negatively. Performance-based bonuses foster individualism, business aggression and uncertainty. Bonuses create competitiveness among the executives which hurts cooperation. Bonuses encourage executives to take unreasonably high risks and make short-sighted decisions that may not be good for the firm’s long-term prospects. It is also argued that senior executives spend a great deal of time and focus on their past and expected bonuses than on the returns of shareholders. Bonuses also foster bad relations and resentment between the executive and the lower ranking staff (Marchica, 200 4: 8-15). Bonuses are rooted in two theories; the Expectancy theory and Agency

Should the potential benefits of financial system innovation deter Essay

Should the potential benefits of financial system innovation deter regulators from imposing restrictions on the activities of fi - Essay Example Firstly, it spurs economic growth by facilitating the easy flow of funds from the agents who have less or limited productive projects to agents with higher productive avenues. Secondly, the level of risk taken by an investor is reduced on account of a broader availability of assets resulting in greater diversification benefits and risk sharing. However, the above views have come under tremendous criticism with the predication that financial innovation reduces the risk exposure of the investors. The financial innovation was essentially introduced from a positive perspective but it has been seen that these innovations had a negative impact on the overall economy. Though the main purpose of this innovation was to aid the growing external debt market in U.S., it is now blamed to be the pivotal cause of the recent credit turmoil. To avoid such recurrences in the future, the regulatory bodies need to exercise a greater control over the financial markets. (Piazza, â€Å"Financial Innovatio n and Risk, The Role of Information†). Financial innovation: bane or boon Innovation is a ‘double-edged sword’. ... This blend of good and bad means the views on financial innovation is likely to be very subjective. As in the case of automobile inventions, while some view it as a gain for the economy and society; there are others, though very few in number, who believe that pollution and accidental deaths arising from this invention outweigh the societal and economic benefits. According to analysts, ‘financial innovation’ caused the recent financial crisis with the extent of culpability ranging from secondary to extreme. According to some, financial innovation has led to some very effective inventions such as the ATM machine whereas the other financial inventions like Structured Investment Vehicles (SIV’s) are a bane. The list of positive innovations includes Automated Teller Machine (ATM), debit cards, money market funds, exchanged traded funds, indexed mutual funds, currency and interest rate swaps (The Brookings Institution, â€Å"The Pros and Cons of Financial Innovationâ € ). The use of debit cards has enhanced the attractiveness of accounts as people no longer have to stand in queues to withdraw money. The introduction of financial swaps has empowered the businesses to hedge against any unforeseen circumstances. So, if a business with a huge export base is wary of depreciation of the receivables then it can take a suitable position in the currency swap. By this way, the value of its receivables remains intact. Similarly, a prospective borrower afraid of rise in interest rates, can buy forward rate agreements (FRAs) that will safeguard his position in the event of any unfavorable movement in interest rates. Financial innovation has empowered the domestic companies to raise the necessary funds or invest surpluses in the foreign capital markets.

Culture and purchase intention for luxury consumption Literature review

Culture and purchase intention for luxury consumption - Literature review Example ect of culture has become more relevant in the globalized world where organizations are targeting the international market in a strategy to increase their revenue. Cultural aspects such as attitude, religions, behavior and information-access influence the consumer decision making process. The hospitality and tourism industry have faced a big challenge while targeting this portion of the customer profile as they enter new markets (Truong, McColl & Kitchen, 2009). Understanding the intention of consumers as they buy luxury products is a priority if such companies have to suit the needs of their target market. The purpose of this review is to establish cultural influence within the luxury market and how this may impact a tourism and hospitality industry. While there is a concession that different countries have different luxury consumption patterns, the influence of culture in this market still remains a contentious issue (Blevis et al., 2007). Secondly, the review seeks to analyze the customer intention and the way culture impacts on this intention within the luxury market. The priority of any managers is to satisfy customers, which can only be accomplished when companies understand customers’ purchase intentions. Through a critical review, the article will analyze the impact of culture and customer intention in the purchase of luxury brands and provide conclusions and implications for the analysis. Therefore, the article will provide a platform through which luxury companies can launch successful brands that satisfy the global luxury market. The luxury market has become one of the potential investment markets in the 21 century. Currently, the luxury market is estimated to have a value of over 300 billion Euros and statistic projections shows that the market is rapidly growing. The luxury market is expected to grow by more than 7% percent each year, which promises high revenue in the future of the market. Besides, countries such as Middle East that have shown

Assessment Of The Validity Of Legal Realism Philosophy Essay

Assessment Of The Validity Of Legal Realism Philosophy Essay The turn of the 20th century instigated the rejection of the formalism movement of John Austin, Jeremy Bentham, John Mill and David Hume. Realists sought to put in its place a more sociological account of the law in action.  [2]  The three leading members of the American realist movement were Oliver Wendell Holmes Jnr,  [3]  Jerome Frank  [4]  and Karl N. Llewellyn.  [5]  67 Principles Realists were preoccupied with empirical questions such as attempting to identify the sociological and psychological factors influencing judicial decision making.  [8]  One could argue that their implicit conceptual loyalties were positivist in theory, as they did not reject the notion that courts may be constrained by rules. However, realists did argue that the Courts exercise discretion much more often than is generally supposed.  [9]  Further they denied the naturalist and positivist views that Judges were influenced mainly by legal rules, they (realists) attach greater significance to political and moral intuitions about the facts of a case.  [10]   II American Realists A. Oliver Wendell Holmes Jnr Oliver Wendell Holmes Jnr (Holmes) could be called the intellectual and spiritual father of American Realism, and played a fundamental part in bringing about a changed attitude to law.  [11]  Holmes attempted to formulate a theory of law that was both responsive and stable for the changing nature of modern life.  [12]  13He commenced with the fundamental question of liability: What duty do human beings owe to one another?  [14]   Formalist legal doctrine held that there could be no liability without fault, that people should not be held responsible for acts that they did not cause or over which they had no control.  [15]  16Holmes considered an alternative to this intent standard that If the act was voluntary, it is totally immaterial that the detriment which followed from it was neither intended nor due to the negligence of the actor (ie. strict liability).  [17]  Holmes argued that the proper object of the law was to publicize social duties by giving individuals a fair chance to avoid harm before being responsible for it it was not to instil individual morality through punishment.  [18]   Holmes believed in defining the law by reference to what the Court actually said it was, to consider what the law is, not what it ought to be.  [19]  He famously declared The common law is not a brooding omnipresence in the sky, but the articulate voice of some sovereign or quasi sovereign that can be identified.  [20]   Further, Holmes introduced the bad man. As a moral skeptic, Holmes stated if you want to know the law and nothing else, you must look at it as a bad man, who cares only for the material consequences which such knowledge enables him to predict.  [21]  Holmes defined the law in accordance with his pragmatic judicial philosophy. He believed that legal developments could be scientifically justified: the true science of law consisted in the establishment of its postulates from within upon accurately measured social desires instead of tradition.  [22]   B. Jerome Frank Jerome Frank (Frank) has been described as the most radical of the American realists.  [23]  Frank believed that there are two groups of realists, rule skeptics who regard legal uncertainty as residing principally in the paper rules of law and who seek to discover uniformities in actual judicial behaviour, and fact skeptics, who think that the unpredictability of court decisions resides primarily in the elusiveness of facts.  [24]  The former, Frank proposes, makes the mistake of concentrating on appellate courts, whereas it is to the actions of trial courts that attention should be most directed.  [25]   Frank believed that for most realists, in their preoccupation with appellate courts, missed the important aspect of unpredictability in the judicial process: the elusiveness of facts.  [26]  Thus, the various prejudices of judges and jurors  [27]  often crucially affect the outcome of a case.  [28]   Further, the main impetus of Franks attack was directed against the notion that certainty could be achieved through legal rules.  [29]  Frank believed this to be absurd.  [30]  Frank stressed that the text-book approach, which treats the law as no more than a collection of abstract rules, is grossly misleading and that much of legal uncertainty is inherent and not due to deliberate mystification.  [31]  We want the law to be certain, Frank stated, because of our deep need for security and safety which is endemic to children.  [32]  As a child places his/her trust in the wisdom of his/her father, so we seek in the law and other institutions a similarly comforting security.  [33]   C. Karl N. Llewellyn Karl Lleyellyns (Llewellyn) most noteworthy contribution to realism is his functionalism, which perceives law as serving certain fundamental functions.  [34]  35For Llewellyn, an institution is an organised activity which is built around doing a job or a cluster of jobs. A major institutions job cluster is fundamental to the continuance of the society or group in which it operates.  [36]  If society is to survive, certain basic needs must be satisfied, which engenders conflict which must be resolved.  [37]   Much of Llewellyns interest has been focussed on what Llewellyn calls the ways in which in various types of community the law jobs are actually carried out.  [38]  Law Jobs are the basic functions of the law, which, for Llewellyn, are two-fold: to make group survival possible, but additionally, to quest for justice, efficiency and a richer life.  [39]   Law jobs are identified as being the: disposition of troubled cases; preventive channelling and the reorientation of conduct and expectations so as to avoid trouble; allocation of authority and the arrangement of procedures which legitimatize action as being authoritative; net organisation of the group or society as a whole so as to provide direction and incentive.  [40]   Llewellyn sees these law jobs as universal  [41]  and regards the most important job the law has is the disposition of troubled cases.  [42]  He puts forward his theory of them as a general framework for the functional analysis of law.  [43]  The first three law jobs describe bare bones law, but out of them may emerge, although Llewellyn gives no indication how, the additional questing phase of the legal order.  [44]   Further, in addition to major institutions, there are also minor institutions such as crafts which consist of the skills held by a body of specialists,  [45]  handed down from generation to generation by a process of education and practical example.  [46]  The practice of law is the practice of a set of crafts, and of these one of the most important is what is called the juristic method.  [47]   In the common law, says Llewellyn, the practice of the courts has fluctuated between two types of style which he names the Grand Style and the Formal Style. The Grand Style is based on an appeal to reason and does not involve a following of precedent; regard is paid to the reputation of the Judge deciding the earlier case, and principle is consulted in order to ensure that precedent is not a mere verbal tool, but a generalisation which yields patent sense as well as order.  [48]  Policy, comes in for explicit examination and the Grand Style is also categorised by resort to what Llewellyn calls situation sense.  [49]  The Formal Style is not so concerned with social facts.  [50]  Its underlying notion is that the rules of law decide the cases and policy is for the legislature not for the Courts.  [51]  This approach is authoritarian, formal and logical.  [52]   In the early nineteenth century, the Grand Style was employed, although, from the middle of the nineteenth century Llewellyn detected a shift towards the Formal Style.  [53]  However, by the middle of the twentieth century evidence shows a shift back to the Grand Style, a development which Llewellyn applauded by remarking as the best device ever invented by man for drying up that free-flowing spring of uncertainty, conflict between the seeming commands of the authorities and the felt demands of justice.  [54]   III Critics of Legal Realism Critics have branded legal realists as anti-democratic and totalitarian.  [55]  56Their core claim being, according to author Brian Leiter, that judges respond primarily to the stimulus of facts decisions are reached on the basis of a judicial consideration of what seems fair on the facts of the case, rather than on the basis of the applicable legal rule.  [57]   Further, Frank has been characterized as the prime representative of the radical tendency in American legal realism the realist who turned his back on legal rules and declared them to be well nigh valueless.  [58]  This characterization became official, as it were, with the publication of Professor Harts  [59]  (Hart) The Concept of Law in 1961.  [60]   In distinguishing formalism and realist rule-scepticism, Hart criticizes the rule-sceptics for focussing only on the function of rules in judicial decisions and ignoring those secondary rules which confer judicial and legislative power.  [61]  Hart found Franks work to be illustrative of the sceptical tradition in American legal realism,  [62]  although Frank himself distinguished scepticism as to rules and scepticism as to facts, declaring himself to be a fact-sceptic.  [63]   Llewellyns work has also attracted criticism from a number of standpoints.  [64]  From insisting on the universality of his law jobs, Alan Hunt argues that he  [65]  stumbles into a major theoretical deficiency of functionalism of imposing on disparate phenomena, from different societies and different historical periods, an a priori unity.  [66]  Further, William Twining (Twining) concedes that the Grand Style/Formal Style dichotomy has its drawbacks for it may be dangerous and misleading to pidgeon-hole judges or courts into styles as it is to lump jurists into schools.  [67]  68 IV Support for Legal Realism Holmes was concerned with promoting a new and more experimental and constructive attitude to social life and thought, but avoided making any specific proposals as a programme to be realised.  [69]  Author, John Dewey praised Holmes on this very ground, because he had no social panaceas to dole out, no fixed social programme, no code of fixed ends to be realised.  [70]   However, in Twinings view the main achievement of the realist movement was to concretise sociological jurisprudenceà ¢Ã¢â€š ¬Ã‚ ¦.  [71]  The relationship between the realist movement and sociological jurisprudence is a strong one.  [72]  Its connections with psychology, anthropology, economics and sociology are clear.  [73]   Further, author Brian Leiter (Leiter) sought to remedy many of the myths and misconceptions surrounding American realism.  [74]  Leiter challenges the view that realism is a  [75]  jurisprudential joke, a tissue of philosophical confusion.  [76]  Leiter maintains that it is time for legal philosophers to stop treating realism as a discredited historical antique, and start looking at the movement with the sympathetic eye it deserves.  [77]   Leiter believes that Harts sweeping dismissal of rule scepticism as the claim that talk of rules is a myth, cloaking the truth that law consists simply of the decisions of courts and predictions of them,  [78]  is an unfair misrepresentation of its members contributions to legal theory.  [79]  Thus, by demonstrating the limitations of a doctrinal account of law without a proper empirical investigation of the manner in which legal doctrine functions in society, the American realists unquestionably paved the way to the sociological approach to the law.  [80]   V Assessment of the validity of Legal Realism American Legal Realism in most of its manifestation, albeit that it was sceptical, can be described as fairly mainstream, it was not radical or subversive, it simply asked one to examine the law a practical phenomenon, rather than as an idealised natural law or legal positivist edifice. It is an antidote to the declaratory theory of law that asserts that law is determinate and certain and based on legal principles and the doctrine of precedent. Although, one may regard realism as shallow today, to assess the validity of legal realism, one must judge the pragmatic movement by its fruits, such as the impact it has had on legal education, the judicial process, legal anthropology, legal history, and legal sociology. In many respects sociological jurisprudence is an outgrowth of legal realism. Sociological jurisprudence developed from the same impulse to study the way the law works in an empirical or scientific experimental method. Further, realism indirectly engendered two movements Jurimetrics  [81]  and Behavouralism. These movements have taken over from where legal realism left off, for whilst the realists had some inspired ideas, developed a number of theoretical models, and urged us to exploit the social and technological science, these newer movements are firmly established within the mainstream of the social sciences and use techniques associated with them freely and to valuable effect.  [82]  

Sojourn to Singapore Essay -- Personal Narrative Essays

Sojourn to Singapore "Eat the durians...eat it!" Although a jumbled cacophony of encouraging voices seemed to levitate the humid night air, all hesitancy was not dispersed as I carefully probed the pulpy tropical fruit with an expectant tongue. Proudly, (and much to the glee of my Asian companions who enjoyed the various facial contortions), I swallowed the remainder, washed down with three full bottles of water. Before the initial incision into the durian, I was engulfed by the painfully distinctive odor that only three days and half a bottle of Listerine could remedy. With my experiences in Singapore as a United States representative to the Asian-Pacific Youth Science Festival, however, I also was engulfed by the myriad of Asian cultures, whose unique facets of language, tradition, and daily life broadened my spectrum of global understanding. All delegates from each of the fourteen economies were combined into groups and assigned a topic of concern facing the scientific community-diseases, genetic engineering, globalization, and global warming. Although my fellow group members resided in China, Indonesia, South Korea, Singapore, and Malaysia, we all share... ...and possibly the world. We composed papers, visually presented our conclusions, and became brothers and sisters in striving to accomplish our task. Of course, our interaction provided inestimable amounts of enjoyment for everyone-the Asian delegates were thrilled by my 'American humor.' On the final night, Group 24 assembled under a shelter and everyone exchanged teary-eyed good-byes with low voices. Little did I expect the torrent of ice and freezing water that crashed over my head and shoulders merely seconds later, wrecking the silent awkwardness. We laughed, and then we were friends again.