Comparison between american and japanese army in world war 2 Research Paper

Comparison between american and japanese army in world war 2 - Research Paper Example It is worth noting that in the beginning of the war, with Japan bombing Pearl Harbor, Japan can be considered as having air force capabilities that were considerable in 1941, even as the United States was in a state of trying to accelerate its air force program through a rapid buildup in capabilities. What prompted this hasty buildup was Germanys invasion of Poland two years before the Pearl Harbor invasion, with Hitler signaling its ambition to take on Europe by force. At the time of the Polish invasion the American Air Forces consisted of less than two thousand aircraft and just 26,000 people. The US War Department signaled its own intent to radically beef up its air force capabilities with the establishment of the AAF, or the Army Air Forces, making it equal in stature to the ground forces of the US Army (Craven and Cate; Weinberg; US Air Force; Weider History Group). After 1941, it became clear to the US that the war could not be won without the necessary radical expansion of its air force capabilities, and the manic buildup process resulted in the United States eventually producing the largest air force fleet in the world, eventually overcoming the air forces of the Germans and the Japanese. The capabilities of the US Air Forces at the height of that buildup ran through a wide array of tactical functions and uses, from reconnaissance to bombing to attacking, personnel training, and transporting. At its height, the US Air Forces had an inventory of more than 80,000 aircraft with different capabilities and uses, while its personnel count reached more than 2.4 million people. A sampling of the inventory of aircraft used in the war effort included the B29 Superfortress, the B17 Flying Fortress, the C47 Skytrain, and the P51 Mustang (Coakley; Adams 1994; US Air Force). The final year of the war saw the complete overpowering of the counterpart US air forces of the Japanese, capped by

Financial intermediation Essay Example | Topics and Well Written Essays - 750 words

Financial intermediation - Essay Example Being an intermediary also means acting as the middleman or go-between among lenders and borrowers; a good example of a financial intermediary are the banks and other financial institutions which accept deposits from people who have extra monies and lend these out to those who need them and willing to pay interest for the use of the money. Financial intermediation is the crucial process in any of free capitalist markets or economies because it allows for capital-raising activities and helps to promote economic growth. This is achieved through a dual savings – investment process. Financial intermediation accomplishes three general objectives which are: convert a short-term liability into a long-term asset (banks do this by reconciling different maturities), a way to mitigate market risks (such as by lending to several borrowers instead of just one) and to re-denominate fund amounts (like bundling several small investors together and lend their monies to one big borrower; conver sely, one big deposit can be lent out to many borrowers). When financial regulation is performed by the concerned government authorities/agency in a prudential manner, it will safeguard the economy from excessive risks and abuses. The primary beneficiaries of financial intermediation are the borrowers who will be able to keep their borrowing costs down as opposed to borrowing directly on the markets and other primary beneficiaries are the lenders who will be insulated from any of probable market failures if done properly, as stated earlier, in a prudent way. The entire nation will benefit if it is well-managed, in the sense that intermediation increases financial efficiency. Using Financial Intermediation to Trade Risks – a good example to trade risks is the insurance industry. What insurance firms do is spread the risks by issuing several life policies, for example, because not all people die at the same time. In other words, only a few people do die in a certain year based on statistics (or probabilities) and so the insurance people can make money based on these probabilities. For example, they issue a thousand life insurance policies and accept premium payments on these policies; however, maybe only 10 people die within a single year and so they are able to earn profits because their payout is much less than revenues from the premium payments they receive. There are also many other ways by which risks can be traded, such as through esoteric investment instruments like credit default sways (CDS) or by selling collateralized debt obligations (CDO) like the sub-prime mortgage markets. The net effect of these opaque and poorly-understood instruments is to transfer the risks to the buyers. Banks, insurance firms and investment companies are example of financial intermediaries that trade risks in the open market and make money by their arbitrage activities. Intermediaries are necessary to mediate or mitigate the risks by credit rationing or diversification (Benner 90). Components of Good Financial Management – the collapse of the sub-prime market in the United States of America brought to the fore the issue of unregulated and opaque types of investment instruments such as derivatives (the CDO and CDS are two examples of these). Other examples of derivative investment instruments are options, futures, swaps and forwards in which the derivatives' values are based on another underlying commodity, hence its name. Its ultimate value is derived from other variables and derivatives are supposed to work by the process in which excessive swings or fluctuations in prices are avoided. A derivative in any of tradeable commodities is simply a contract in which the payoff is dependent on the

Hospitality Essay Example for Free

Hospitality Essay I. Case Background Serving people is the foremost activity in hospitality, and being expertly served is the reasonable expectation of a guests. If theres any place where customers are likely to be paying attention to the type of service they receive, its within the hospitality industry. From restaurants to hotels, it is the job of the hospitality service provider to maintain customer happiness and satisfaction. Nowadays, it is not enough for a hospitality business to know that their guests were happy just receiving â€Å"thank you† or getting service with a smile, although it is the proper etiquette. Customer satisfaction isn’t just about the service. Satisfied customers are looking for a memorable experience and a dynamic service from the establishment they visited. Customer service begins the moment an individual calls your business, either to make a reservation or to gather information. High quality service means meeting and exceeding your guests expectations to feel warmly welcomed. While high-quality customer service requires that employees interact with guests in a friendly manner. They must perform their daily duties with a smile, responding appropriately to the guests needs. Complaints must be handled in an empathetic manner. When the guest is satisfied with his experience, the company earns revenue, return visits, new clientele and positive recommendations. One good thing if an establishment was able to exceed the expectations of the guest is customer loyalty. Customer loyalty is one of the most important keys to the restaurant’s success. Happy customers are the loyal customers. Not only is it important for a hospitality establishment to provide stellar service, but awesome products as well. A customer who has to continuously wait for a restaurant or a hotel, for example, to do their part may grow tired, no matter how loyal, and venture off to their competition. Keep customers loyal by focusing on them at all times. Customer loyalty leads to higher customer retention rate and to continuous business success even in situations where failure to satisfy customers would normally cause an early termination of business. Therefore the restaurant operation must focus not only on attracting first-time customers but also on developing long term relationship with customers. One of the negative results of an unsatisfied guest is the customer complaint. This is one thing that hospitality businesses try to avoid. Fairness is typically the biggest concern of customers who have lodged a service complaint. Because a service failure implies unfair treatment of the customer, service recovery has to re-establish justice from the customers perspective. Handling customer complaints doesnt have to always be a battle, with the right tools and responses an establishment can use complaints to their advantage. A hospitality establishment should always know how to properly handle customer complaints, this is to assure that the complaint of the guest was addressed properly and they will still be considered a repeat customer on their establishment. Giving the customers an outlet for telling the establishment about their poor experiences is one thing they could do. And make it a point to correct issues that went wrong and look into those that could stand some improvement. II. Time Context A week after the appointment of the new General Manager of Pauli’s Restaurant and Brewery, they received a comment in their corporate Web site from one of their customers. The problem takes place when one of the loyal customer experience lousy service when they dined in one Saturday night before they went into a theater and have a movie night. After experiencing that kind of service, they posted a comment in the customer feedback section of the website of the establishment so that they could address the problem immediately. III. Viewpoint In any establishment, managers should always take charge when there is problem regarding the guests. They should act immediately to the complaint of a guest to reduce the occurrence of much bigger problem that could hurt the operation of the establishment. After the manager did the first step, the staffs of the establishment should support the action of the manager to ensure that the problem can be avoided in the future. The overall in charge of the problem is the whole team in the establishment. If they don’t work and help one another, surely the problem they encounter in the past would still occur. IV. Problem Statement Pauli’s Restaurant and Microbrewery is a famous pub in the city. It has established a good position in the market. They have loyal customers who are repeatedly coming back to their establishment. The establishment operates a corporate Web site; one of its features is a customer feedback section that is sent directly to the corporate Vice President and to the appropriate general manager. Once they received a feedback from a customer where they complained about the lousy service they experienced when they dined in at the restaurant one evening. The guest was really disappointed because it is their first time to experience that kind of ridiculously slow service from the establishment usually they do not experience from their past dine in.

Top Level Of Management Business Essay

Top Level Of Management Business Essay It consists of board of directors, chief executive or managing director. The top management is the ultimate source of authority and it manages goals and policies for an enterprise. It devotes more time on planning and coordinating functions. The branch managers and departmental managers constitute middle level. They are responsible to the top management for the functioning of their department. They devote more time to organizational and directional functions. In small organization, there is only one layer of middle level of management but in big enterprises, there may be senior and junior middle level management. Their role can be emphasized as They execute the plans of the organization in accordance with the policies and directives of the top management. They make plans for the sub-units of the organization. They participate in employment training of lower level management. They interpret and explain policies from top level management to lower level. They are responsible for coordinating the activities within the division or department. It also sends important reports and other important data to top level management. They evaluate performance of junior managers. They are also responsible for inspiring lower level managers towards better performance. Lower Level of Management Lower level is also known as supervisory / operative level of management. It consists of supervisors, foreman, section officers, superintendent etc. According to  R.C. Davis, Supervisory management refers to those executives whose work has to be largely with personal oversight and direction of operative employees. In other words, they are concerned with direction and controlling function of management. Their activities include Assigning of jobs and tasks to various workers. They guide and instruct workers for day to day activities. They are responsible for the quality as well as quantity of production. They are also entrusted with the responsibility of maintaining good relation in the organization. They communicate workers problems, suggestions, and recommendatory appeals etc to the higher level and higher level goals and objectives to the workers. They help to solve the grievances of the workers. They supervise guide the sub-ordinates. They are responsible for providing training to the workers. They arrange necessary materials, machines, tools etc for getting the things done. They prepare periodical reports about the performance of the workers. They ensure discipline in the enterprise. They motivate workers. They are the image builders of the enterprise because they are in direct contact with the workers. Your business is changing. With the passage of time, your company will go through various stages of the business life cycle. Learn what upcoming focuses, challenges and financing sources you will need to succeed. A business goes through stages of development similar to the cycle of life for the human race. Parenting strategies that work for your toddler can not be applied to your teenager. The same goes for your small business. It will be faced with a different cycle throughout its life. What you focus on today will change and require different approaches to be successful. The Seven Stages of Business Life 1. Seed Stage:  The seed stage of your business life cycle is when your business is just a thought or an idea. This is the very conception or birth of a new business. Challenge: Most seed stage companies will have to overcome the challenge of market acceptance and pursue one niche opportunity. Do not spread money and time resources too thin. Focus: At this stage of the business the focus is on matching the business opportunity with your skills, experience and passions. Other focal points include: deciding on a business ownership structure, finding professional advisors, and business planning. Money Sources: Early in the business life cycle with no proven market or customers the business will rely on cash from owners, friends and family. Other potential sources include suppliers, customers and government grants. 2. Start-Up Stage:  Your business is born and now exists legally. Products or services are in production and you have your first customers. Challenge: If your business is in the start-up life cycle stage, it is likely you have overestimated money needs and the time to market. The main challenge is not to burn through what little cash you have. You need to learn what profitable needs your clients have and do a reality check to see if your business is on the right track. Focus: Start-ups requires establishing a customer base and market presence along with tracking and conserving cash flow. Money Sources: Owner, friends, family, suppliers, customers, or grants. 3. Growth Stage:  Your business has made it through the toddler years and is now a child. Revenues and customers are increasing with many new opportunities and issues. Profits are strong, but competition is surfacing. Challenge: The biggest challenge growth companies face is dealing with the constant range of issues bidding for more time and money. Effective management is required and a possible new business plan. Learn how to train and delegate to conquer this stage of development. Focus: Growth life cycle businesses are focused on running the business in a more formal fashion to deal with the increased sales and customers. Better accounting and management systems will have to be set-up. New employees will have to be hired to deal with the influx of business. Money Sources: Banks, profits, partnerships, grants and leasing options. 4. Established Stage:  Your business has now matured into a thriving company with a place in the market and loyal customers. Sales growth is not explosive but manageable. Business life has become more routine. Challenge: It is far too easy to rest on your laurels during this life stage. You have worked hard and have earned a rest but the marketplace is relentless and competitive. Stay focused on the bigger picture. Issues like the economy, competitors or changing customer tastes can quickly end all you have work for. Focus: An established life cycle company will be focused on improvement and productivity. To compete in an established market, you will require better business practices along with automation and outsourcing to improve productivity. Money Sources: Profits, banks, investors and government.

Holocaust Denial: A New Anti- Semitism Essay examples -- jews, holocau

Are You in Denial? Imagine if someone said that everything that happen to you in your life was a lie. The Holocaust survivors have to go through the rest of their life being told what they went through was a lie. These people are called Holocaust deniers, and they say the Holocaust never happened and teach other people to believe that it never happened. Holocaust denial is very wrong because it is prejudice toward Jews, hurtful to Holocaust survivors, and some things deniers say are not true. Denying the Holocaust is pretty much being prejudice toward Jews. Not only are Holocaust deniers a threat to the Jews, but also to people who believe in the truth. Deniers of the Holocaust and their arguments are said to be prejudice against Jews and hating on Jews (Lipstadt). Imagine how this makes some Jews feel. Denying the Holocaust in some countries is a crime, which makes Jews receive vindication, but Holocaust denial still takes place. Although Holocaust denial is a crime in some places, the freedom of speech law is obliterating all laws having to do with Holocaust denial. Some people wonder if Holocaust deniers actually mean to show hatred toward Jews. Even if Holocaust deniers do not mean to hurt Holocaust survivors they have to realize eventually how much it hurts Jews, and that is when they should stop immediately. It is said spreading prejudice and hatred toward Jews is the goal of most professional Holocaust deniers (Cooper). Since Holocaust deniers are prejudice toward Jews, Holocaust denial is a new anti-semitism. If it were me in this situation I think that it would make me feel awful to hurt Jews and people who believe, the Holocaust occurred. The Jews do not deserve to be treated that way. Holocaust denial and things... ... Holocaust. (1999) 133 Web. 25 Nov. 2013. Dworkin, Ronald. â€Å"Even bigots and Holocaust deniers must have their say.† The Guardian. (14 Feb. 2006.) Web. 15 Nov. 2013. Fischel, Jack. â€Å"The New Anti-Semitic Axis: Holocaust Denial, Black Nationalism, And The Crisis On Our College Campuses.† Virginia Quarterly Review. 71.2 (1995): 210-225. Literary Reference Center. Web. 5 Dec. 2013. Lipstadt, Deborah. â€Å"Holocaust Denial and the Compelling Force of Reason.† Patterns of Prejudice. 26. 1-2 (1992.) Web. 18 Nov. 2013. McNamara, Lawrence. â€Å"History, Memory, and Judgement: Holocaust Denial, The History Wars and Law’s Problems with the Past.† Sydney Law Review. 26:353 (2004): 353-394. Web. 19 Nov. 2013. Najarian, James. â€Å"Gnawing at History: The Rhetoric of Holocaust Denial.† Literary Reference Center. 39.1 Web. 8 Dec. 2013. 

Pros And Cons Of Standardized Testing Essays -- Standardized Testing E

The United States recognizes that standardized testing is a central part of the educational system in our country. What many people do not know though is the history of where it came from. Beginning in the mid-1800’s prestigious universities decided they wanted to give more students across the country a better chance at going into higher education, but at the time there was not a way to measure the capabilities of students in both high class and low class families. This is how standardized testing came into play. If a student could do well on these tests regardless of their financial position than their scores would hopefully speak for themselves. Now standardized testing performs many more roles compared to its simple origins. In today’s society standardized tests not only indicates the capabilities of the students, but they also show how much they have learned, and the results can even decide how much funding a school will receive. Due to these factors, a tremendous amount of pressure is put upon both students and teachers. For students the pressure is mainly to do well, and for teachers the pressure is primarily to teach your students well enough to perform their best. These requirements have become an integral part of what shapes the classroom mold. The goal of schooling is no longer to just teach, but is now also to prepare students for taking exams. One argument that has become prevalent is the debate of whether or not standardized testing should be used at all. Ultimately this is a personal decision; there is no right or wrong answer considering that an argument could be made for either side. One thing that is for certain though is that there has to be some standard for determining a student’s abilities in school. Th... ...Tests." ProCon.org Headlines. N.p., 1 Nov. 2014. Web. 30 Nov. 2014. Tennant, Victoria. "School of Education at Johns Hopkins University-The Powerful Impact of Stress." School of Education at Johns Hopkins University. John Hopkinds School of Education, Sept. 2005. Web. 01 Dec. 2014. "The Human Brain - Stress." The Human Brain - Stress. The Franklin Institute, 2004. Web. 29 Nov. 2014. Tung, Stephen. "News." Stanford University. Stanford, 20 Jan. 2012. Web. 29 Nov. 2014. "Where Did The Test Come From?" PBS. PBS, n.d. Web. 22 Nov. 2014.

A parent’s guide to teenagers Essay

Mahsa Being a parent or carer is one of the most fantastic and rewarding things in life, however it can also be challenging. As a parent or carer, you have a huge influence on your son or daughters life. Your impact can help them become who they are, to shape their values and aspirations. Knowing how to respond to their teenage needs isn’t always easy. There really is no straight forward answer, however this guide will surely help you get one step closer to helping your teen with their problems. What makes teenage years so special? Between the age of thirteen and nineteen, people develop physically, intellectually, emotionally and socially. People of these ages ay most likely be dealing with many problems and pressures. They’ll be experimenting with friendships and relationships. At this time, school or work nay be adding pressure to their lives. Puberty will also occur in these years, it can be very confusing and even frightening for your child. Through adolescence, both girls and boys will be feeling self conscious and worried about fitting in. One of the most difficult things about being a parent or carer to a teenager is knowing when to let your child make their own decisions and knowing when to step in and help. Helping your child with self esteem One of the main struggles in the adolescence stage is self esteem. It’s often hard for a teenager to feel good about themselves, this could be because they’re surrounded by images of â€Å"perfect† men and women. As a parent, you have a vital role in shaping how your child sees themselves. You have to watch what you say, whether or not they show it, your child listens to your opinion. Comments about their weight, intelligence or other abilities may mean nothing to you, but they stick with your child. For example, instead of pointing out to your child that they’re overweight, you could ask them to exercise with you. One of the best ways you can help your child feel better about themselves is to compliment their good attributes. Emphasise their positive things or a regular basis. If you tell your child something enough times, they’ll soon start to believe that in themselves  too. Helping your child with peer pressure Another struggle that occurs mos tly in the adolescence stage is peer pressure. In your child’s adolescence stage they are most likely going to be influenced by other teenagers, however there are steps you can take to help them. You can’t choose your children’s friends, however you can encourage them to hang out with friends who exhibit positive peer pressure. If they have friends who are behaving and following the rules, they’ll more likely to follow them too. In their early teens, speak to them about what kind of behaviour you expect from them and what behaviour you do not and will not tolerate. Teach them to say â€Å"no† when they’re uncomfortable with doing something. Set clear rules and boundaries for them, however do not do this without telling them why. Make sure they understand that what you’re doing is for their own good. Helping your child with making decisions Teaching your child about decision making and to recognise when he/she have made a good decision is vital. There are many ways you can help your child improve their ability to make wise decisions. Firstly, help your child clarify the problem that’s causing them to make a decision, ask them about the situation and what they may need to change. Secondly, you can brainstorm the possible solutions to the decision that they’re making, usually there will be more than one solution. As a parent you can make an important contribution by pointing this out to your child and suggesting alternatives. After your child has chosen one solution, discuss the consequences with them. Helping your child with being bullied Each year Over 3.2 million students are victims of bullying and Approximately 160,000 teens skip school every day because of bullying. Even though many teenagers will not be directly affected by serious bullying, they may be victims of it. The first step you should take is to speak to your child about the bullying and how they’re coping. Next, you should inform their school/place of work about the bullying. Let your child know that you’re there for them, reassure them that it isn’t their fault and that there is a solution to the problem. By law schools are supposed to help with bullying and in most, if not all schools there are anti bullying rules. To conclude, the main way to help a teenager in their adolescence stage is to be there for them and let them know that you’re there if they need any  help with the struggles they face. As a parent you play a vital role in their life and if you follow this guide you will be sure to see a positive effect on your teenagers life.