Monday, December 23, 2019
Racism During the Holocaust - 824 Words
From 1933 through 1945 was a period of history called the Holocaust. During the Holocaust, people were being killed for their looks, race, and disability. About 11 million people were killed in brutal and tragic ways. Adolf Hitler, the leader, wanted to create a pure race. Racism helped Hitler organize the population into the way he wanted. He wanted people to support the cause of making a pure race. If people opposed, they would be persecuted. Racism allowed Hitler to influence the German people into following his leadership even if it meant genocide. People started to become racist because they were being psychologically conditioned. When Hitler came into power, Germanys living conditions were poor from the Great Depression. He used this state of Germany to his advantage by promising a better life to everyone. The people had hope and decided to follow him. Racism grew stronger through hearing all of Hitlerââ¬â¢s propaganda speeches. Sajid Surve states in his article t hat Hitler has found ways to convince people of racism. In his speeches he would speak only in telling or ordering mode, he would repeat his points, he would create mottos to motivate the people, and he would get peopleââ¬â¢s emotions to boil up (ââ¬Å"Hitlerââ¬â¢s Guide to Propaganda ââ¬â The Psychology of Coercionâ⬠). I think that Hitler got most of his followers though the tactics he put in his speeches. The people were being brainwashed and were desperate enough to follow the racism movement and hope for aShow MoreRelatedRacism During The Holocaust By Elie Wiesel1285 Words à |à 6 PagesRacism in Extreme Ways In 1944-1945, Elie Wiesel was one of the few survivors to witness the lives during the Holocaust. He was only 15 years old to experience many brutal and harsh treatment between the Jews and the non-Jews. Growing up, Wiesel had faced many prejudice in the concentration camp as a prisoner by the Gestapos and other non-Jew workers. In 1960, Wiesel wanted to share his past experiences from the Holocaust by writing his memoir. In his memoir, Night, Elie Wiesel discussesRead MoreSocial Forces Of The Holocaust1534 Words à |à 7 Pagesthrough an incredibly traumatic event. The Holocaust is the traumatic event that hit Germany beginning in the 1930ââ¬â¢s. The Holocaust was a period in time from 1933 to 1945, in which Jews experienced discrimination. Out of nine million Jews that were living in Germany, over half of them were killed in the Holocaust. All the Jews that were killed were killed because of prejudice and discrimination against them. An event as traumatic and massi ve as the Holocaust has no choice but to affect the countryRead MoreRacism in Schindlers List850 Words à |à 4 Pagesââ¬Å"The opposite of love is not hate but indifference,â⬠Elie Weisel stated after commenting on his thoughts on racism and his years surviving the Holocaust. Weisel was thrown in and out of concentration camps starting at the age of fifteen until finally his final camp where his father had died was liberated. The tragedies that Weisel along with the other millions of people who suffered were unimaginable and even Weisel himself strived for years to find words that somewhat explained what their experienceRead MoreThe Nazi Party and The Holocaust Essay610 Words à |à 3 PagesThe Holocaust was a terrible time. This terrible time was all a plan, led by Adolf Hitler. Adolf Hitler was sent to prison for treason. Even after he got out, he worked with the government of Germany. He even rose to be the Dictator of Germany, with the luck of the last leaders passing. He blamed others for his struggle. He passed laws, to make it legal to descriminate and to single out groups of people, races, and religions. During the Holocaust, terrible and devistating things happened. JewsRead MoreAnalysis Of The Book Maus 864 Words à |à 4 PagesSpiegalmanââ¬â¢s experience to be his best credential. Maus is a graphic novel that depicts basically a cat and mouse representation of the Holocaust. A graphic novel as defined by Websterââ¬â¢s dictionary is a ââ¬Å"fictional story that is presented in comic strip format and published as a book.â⬠(1) Maus tells the story of Spiegelmans father, and his experience as a Jew during the Holocaust. A subtopic within the novel includes Spiegelman interviewing his father, Vladek, and getting him to tell his story. All of theRead MoreMotives Behind Genocide : Genocide Negatively Affects Perpetrators By Perpetuating Distorted Thinking About The Self And Others1628 Words à |à 7 PagesGenocideâ⬠). Genocide causes millions of innocent individuals and families to be tortured and murdered in numerous inhumane ways. The violence that is used in genoci de is caused by the false beliefs inside ones mind. Eugenics, socioeconomic statuses, and racism are three of many factors that contribute to the motives that inspire genocide. The New Oxford Dictionary defines Eugenics as, ââ¬Å"the science of improving a human population by controlled breeding to increase the occurrence of desirable heritable characteristicsâ⬠Read MoreAmerican Imperialism : America s Quest For Dominance1223 Words à |à 5 Pagesimperialism that lasted over a century, during the time; genocides and countless death are milestones in Americaââ¬â¢s quest for dominance. I am defining American imperialism is the policy expand oneââ¬â¢s influence through economic, democratic or military force with the belief of the benefit to the country. American imperialism plays in important role through history as the cause of not only the genocides of the Native Americans, but the ultimate cause of the holocaust and even racism. The destruction of native lifeRead MoreAdolf Hitler and The Holocaust Essay729 Words à |à 3 PagesHitler, who was the chancellor and future dictator of Germany, resulted in the death of six million Jews and thousands of other innocents. The Holocaust is arguably the worst thing that has happened in our history. In our modern world we still have racist and religious problems accross the world particularly in the Middle East and Africa. By studying the Holocaust we can learn many things and gain a perspective on our lives. Adolf Hitler, leader of the Nazi political party and Fuhrer of Germany was bornRead MoreTaking a Look at Racism1172 Words à |à 5 PagesRacism has presented itself countless times throughout the history of human existence. It exists in many forms, and its consequences have proven dire several times. The definition of racism varies depending on the dictionary, but the common theme throughout all definitions is one of intolerance or hatred toward a culture. The concept of a culture, however, is a socially constructed concept in order to classify humans based on their behavior, mannerisms, social ideals, ethnicity, age, faith, skinRead MoreAnalysis Of The Novel Night By Elie Wiesel882 Words à |à 4 PagesThe Jewish Holocaust was a traumatic event that took place from the early 1930s to the mid 1940s. During the Holocaust, the Germans believed that they had racial authority among other civilians. Under the rule of Adolf Hitler, the NAZIs targeted Jews and other groups due to their pe rceived racial inferiority. For instance, they persecuted Jews, Gypsies, Elderly, Mentally Disabled, and Homosexuals (etc.) because they believed that they did not portray the behavior of the so-called ââ¬Å"social normsââ¬
Sunday, December 15, 2019
Northern Rock Plc Free Essays
Northern Rock Plc Contents Page 1Report2 1. 1Audit Committee and Auditors2 1. 2Experience:4 2Comparison5 2. We will write a custom essay sample on Northern Rock Plc or any similar topic only for you Order Now 1Chief Executive and Chairman5 2. 2Audit Committee5 2. 3Risk Management Committee6 2. 4Remuneration Nominations Committee6 3Chance of another failure6 4Conclusion:8 5References8 Report In this report I am going to highlight the weaknesses in the corporate governance code of Northern Rock that lead to its downfall. Audit Committee and Auditors According to the UK Corporate governance code the board should set up formal and obvious arrangements bearing in mind how to apply the corporate reporting internal control, and risk management rules for keeping the right relationship with the company`s auditors. The board should make up an audit committee of at least three non executive directors in the case of smaller companies at least two NEDs. The chairman can be a member in smaller companies but cannot chair the committee unless he or she was considered independent on appointment as chairman. The board should make sure that at least one the member should have recent and relevant experience in the audit committee. The boardââ¬â¢s responsibilities are to lay out all the terms in writing and monitor the financial statement of the company, to review the financial performance and reporting. It should also review internal financial control, risk management system if not in place separately to check the effectiveness and internal function of internal audit. The board should also be review and monitor the external auditors work their appointments and re appointments, their remunerations, and more importantly the non audit services should be checked very closely. In the case of Northern rock the board and the audit committee failed to implement the above mentioned guidelines. In July 2007 the chief executive published on the website that operationally Northern rockââ¬â¢s first half of 2007 was a good one. He mentioned that mortgage lending in particular was strong. If that was the case then how did Northern Rock end up being nationalised in just over 7 months? Was someone checking and verifying the statements of the chief executive. The external auditorââ¬â¢s complacency was another issue. In their report of 2006 they gave a clean bill of health. This was later investigated by the House of Lords economic affairs committee which found that the auditors had performed their job carelessly. An effective audit committee could have spotted these problems well in advance. The reason for PWCââ¬â¢s complacency might either be because of the presence of Rosemary Radcliffe on the audit committee who was previously a partner of PWC or maybe they were providing other non audit services to the company and did not want to upset the board. As per the corporate governance code the number of audit committeeââ¬â¢s members was according to the code but none of the NEDs had any financial experience. Nichola Pease had experience of fund management but not in the banking industry even that experience was not a recent one as required by the code. It seems that at Northern Rock the audit and risk committees were not taken very seriously as Rosemary Radcliffe only attended two out of four audit committee and one out of three risk committee meetings. Experience: Northern Rock appointed a Senior Independent Director with over half the board being non-executive directors- following the combined code 2 and Basel 2 recommendations. However none of the directors were experienced enough in the field of banking not even building society. This in fact does not support the idea of having good corporate governance as it does not ensure failure or success. The above factors raised questions as to why the companyââ¬â¢s shareholders did not question the risky business model or was it because of outstanding profits seen as the reward for taking such risk. The remuneration committee can also be held responsible for the failure as both the chief executive and the company took on the gamble for the high risks which in turn questions the values of the shareholder and executive. As mentioned above there were so many factors involved . i. e. he lack of experience, the chairman of the board and nominations committee Dr Ridley had no prior financial experience and even the subject that he has studied is far different to the role he was responsible for. The other four non executive directors Fenwick, Gibson, Pease and Queen also did not have recent relevant experience. Sir Derek Wanless with a good education background but unfort unately with some negative history while working in NatWest where he got paid ? 3M having lead a disastrous acquisition strategy. If the company was aware of the history then why was he appointed as a chairman of the Audit and risk committee? All of the above points indicate that it was really poor corporate governance in place which neither of the committee paid attention or lack their experience in the case of chief executive`s appointment cannot be said that much as he was internally promoted it is sometimes good so he knew about the company from scratch to the top but in some case it is better to have an experience person from a different companies so that they can bring new ideas and innovation. The audit committee had to review what they have been there for the monitoring of the internal financial control, the services, remuneration, re appointments of the external auditors. If the corporate governance were strong in the company there would not be any mis representation of the financial reporting neither by the chief executive nor by the external auditors and also they would have known the consequence of the failure before it had happened. Comparison In this question I am going to compare the governance arrangements noted in the case study with the current version of the UK corporate Governance code. Northern rock had applied most of the governance code but there were some weaknesses in some of the areas. Chief Executive and Chairman As per the UK governance code the chief executive and the chairman should be separate, their re-appointment and remuneration will have to be approved by the board. In Northern Rock the above codes were applied properly. Chief executive and chairman were two different individuals and their appointment and re appointment were also approved by the board. Audit Committee As mentioned above Northern Rockââ¬â¢s audit committee failed to comply with the UK Corporate Governance code on more than one count which led to the auditors not performing their job properly. Audit committee should act as a watch dog in an organisation. Risk Management Committee UK corporate governance says that the board should conduct a review of the risk management committeeââ¬â¢s effectiveness at least on a yearly basis. The review should cover almost everything including financial, operational and compliance controls and should be presented to the shareholders. Looking at the timeline of collapse of Northern Rock it seems that the risk committee was not very effective in identifying risks faced by the organisation and hence failed to perform its duty properly which led to the collapse of UKââ¬â¢s 5th largest lender in within one year. Remuneration Nominations Committee According to the UK corporate governance code the company should have a remuneration and a nomination committee which should determine the salaries of the board members and should nominate suitable individuals for appointment. The nomination committee should be made up of non executive directors who should be independent members of the committee. The chair or non executive director should chair the committee but he or she should not chair the committee when appointing the successor to the chairmanship. The committee should also evaluate the skills, experience and knowledge of the candidate when making recommendations. It seems that northern rockââ¬â¢s nomination committee failed in doing their job properly according to the UK corporate governance code. If they had fulfilled the above requirements in accordance to the UK code then the inexperience of the NEDs would have not been an issue. Chance of another failure Generally, organisations with relatively poor governance donââ¬â¢t succeed as uch as those with high standard corporate governance aided by investors. Northern Rock proved this statement when worries about corporate governance resulted in poor performance. This came about 4 years before it was nationalised when shareholders were concerned in the kind of bonuses which were being paid to executives. This develops another understanding about the theory that governance drives performance rather than performance driving governance. Non-executives improve performance and t he balance between executives and non-executives is very vital. Considering both the internal and external factors affecting the failure of northern rock it was mainly caused due to its internal disability of managing crisis. It was the very flawed legal regulation and the poor corporate governance of Northern Rock that let itself down during the tough mortgage crisis in the US. The business model of the company worked for a number of years but despite the risk involved the non-executive directors cared less of the actual risks to the companyââ¬â¢s model. Lesson can be learnt from the Northern Rock fiasco by other businesses regardless of their size or profitability. If any business does not implement the corporate governance codes properly they are guaranteed to have problems sooner or later. Similar failure happened to the fourth largest American bank Lehman brothers due to poor corporate governance as their systems were very weak. The key areas of the failure were Corporate risk management, Board of directors, remuneration committee and nomination committee. The board of directors included nine retired four of them 75 years old one a theatre producer and another navy admiral with no banking industry experience. In the board of directors the directors were paid well for their work each in the range $325,000 to $397,000 even after getting high return from the company they were not seriously taking care of the company due to having other responsibilities. Their risk management were also a failure because their executive committee the CRO and the CFO meeting were every week but instead they meet only twice in both 2006 and 2007 which was very outrageous. The failure of the remuneration committee was that only $1 billion were paid in cash bonuses in just matter of 8years which is a big failure. Other than that $500 million was paid to the chairman. Out of the ten board member four of them were 75 years old and only one had the recent knowledge of financial sector. If in the future any other bank or business will not make their corporate governance strong I am afraid there will be more cases like in the future. Conclusion: After all I have mentioned above it was a poor corporate governance that led the bank to failure. Northern rock had all sort of weaknesses in their corporate governance code it will be a good lesson for the other banks to learn if they have any sort of weaknesses in their corporate governance they should amend those before it will be too late. References 1. Treanor, J. (2008). Poor governance reduces profits, says ABI. Available: http://www. guardian. co. uk/business/2008/feb/27/executivesalaries. insurance. Last accessed 09 Feb 2013. 2. Roman A. Tomasic . (2009). Corporate Rescue, Governance and Risk Taking ââ¬â Northern Rock and Its International Context. Available: http://papers. ssrn. com/sol3/papers. cfm? abstract_id=1417953. Last accessed 09 Feb 2013. 3. The Financial Reporting council. (2012). The UK Corporate Governance Code. Available: http://www. frc. org. uk/Our-Work/Publications/Corporate-Governance/UK- Corporate-Governance-Code-September-2012. aspx. Last accessed 09 Feb 2013. 4. Agha, M G and Qatinah, A. (). Lehman Brothers and Corporate Governance Failure. Available: http://www. slideshare. net/adnanqatinah1/lehman-brothers-case-study2. Last accessed 09 Feb 2013. How to cite Northern Rock Plc, Essay examples
Saturday, December 7, 2019
Sustainability Report on Electronic Waste Management â⬠Free Samples
Question: Discuss about the Sustainability Report on Electronic Waste Management. Answer: Introduction Electronic wastes are devastating in that they contain very toxic substances. Some of these substances include mercury, lead, lithium, as well as cadmium among others. Upon disposal, these electronic wastes tend to release very toxic substances into the environment. These substances pose a threat to human health. This causes problems with regard to workers safety. This also causes a lot of liability concerns especially for those who take their electronics to facilities that recycle these electronic items. Electronic wastes also contain valuable materials that can be used in other places. Materials such as silver and even gold can be obtained from these electronic wastes. These materials are important as they offer very significant opportunities for economic extraction. The value for cell phones contributed by these valuable metals is around 70%. This means that recycling these materials is beneficial. The management of electronics is very important. Given the uncertainty and complexity experienced in the electronics stream, it is important that a multidisciplinary approach is used. It is important to develop and implement effective systems that can effectively recycle electronic products. Information technology has changed the people's lives significantly, however, electronics may also bring very devastating effect to the lives of the people if not well managed in time. Personal computers contain very toxic substances that when wrongly disposed of can affect human life (Devan, 2014). These substances include toxic gases, metals, and even biologically active materials. Body Electronic waste managementis a very important part especially in the life of the urban population. This is because it ensures that the environment is protected and safeguarded from devastating impacts that arise from the poor disposal of the electronic materials. This is not just a technical environmental problem (Kahn, 2016, p. 112).This is also a social, economic and political as well.Waste management and especiallyelectronic waste management is an urban lifestyle issue. Resource consumption, jobs availability and income level are all affected in various ways with how electronic waste is handled. The development of a proper waste management is a responsibility of the entire society. It is important that a more comprehensive system is developed to help handled waste arising from electronic components. It is evident that in order to maintain a clean environment that that brings about sustainability a database must be kept which contains necessary information with regard to recycling centers, where consumers may take the items that they no longer need(Egher, 2016). This is important in ensuring that environmental sustainability is achieved. Recycling centers are important in e-waste management program. Environmental sustainability is possible with improvements in the operation of waste management. The process of achieving environmental sustainability is hectic and it involves a serious of preparation and equipment which is necessary in order to bring about huge waste reduction(Kessinger, et al., 2014). This can be advanced by inspecting the prevailing operational procedures. The absence of strategies and examination of the generation procedure for approaches is also something that needs to be addressed so as to enhance waste reduction. Initiating standard operation strategies can help in advancing the utilization of basic materials in the formation process that can help lessen electronic waste. A strict upkeep program, which stresses restorative support, can reduce wastage caused by gear failure (Cayne, 2014). A representative program is a key component of any waste diminishment program. Preparing waste management program ought to incorporate right working and handling methodology, appropriate hardware utilization, recommended maintenance and assessment plans, adjust process control specifications and legitimate administration of waste materials(Young, 2016). Manufacturing companies ought to embrace electronic waste minimization techniques. This has the potential for reducing electronic wastes. This is what will reduce the impact that is felt on earth. It is important in ensuring that materials such as silver and gold which are contained in some of these materials can be extracted and properly used for other purposes (Kahn, 2016). This will effectively reduce the environmental impact that may arise from the burning of this materials. Obligations of the Citizen Individual citizens also have a responsibility in ensuring that the items used are properly disposed of. Nevertheless, care needs to be taken while handing over these materials to the recycling institutions. That is these items ought to be in working condition. This way it is possible to upgrade those that need to be upgraded and to allow easy extraction of components from those that have no chance of being upgraded. By giving out electronics that are still functional to recycling organizations, these devices can be improved and given to other institutions and even to other poor families(Egher, 2016, p. 111).This way a lot of waste materials which are normally burnt or thrown away can be reused. This is one of the preferable alternatives that can help in achieving a sustainable environment. There is a challenge when it comes to controlling electronic waste disposal. This is due to the fact that these wastes are disposed of together with other household items. Materials Electronic materials are known to contain a wide range of materials. These particular materials are well known be very precious. Nevertheless, these materials can also be very harmful. Exposure to these materials especially in there degenerated condition is very dangerous. The manufactures need to make sure that it is easy to extract materials from these materials with ease(Cannon, 2015). This is essential in making sure that these materials can be extracted before the materials are disposed of. It is also important that materials used in making these items need to be environmental friendly materials that can easily degrade and bring about no harm to the people and the environment at large. Outline The materials used in the manufacturing or development of electronic items should be those that can be dismantled effortlessly(Egher, 2016). This is very important as it can help in making sure that extraction of very important components is made easy. This makes it easy for them to be repaired and even upgraded to be used by others such as the less fortunate in the society. This will help ensure that an item is properly used until its lifespan is completely over. Development of strategies It is essential to ensure that materials used in making electronic devices are those that can be remanufactured with ease. This will ensure that the items can be remanufactured and reused. This is also essential in making sure that a proper economic system is in place to ensure that there is no waste. Feedstock Management The methods used in overseeing the complexity involved in the e-waste disposal should be designed in such a manner that they can be easily understood by even the ordinary person. Conclusion Electronic waste disposal is a problem in numerous regions. All across the globe, computer wastes are normally disposed without much consideration to its devastating effects both to the environment and on human life. For proper environmental protection, e-waste needs to be managed properly(Cossu, 2017). Environmental sustainability can only be achieved if proper waste management is put in place. Such things as computer chips, acids, and sludge from parts of melting computers if disposed on the ground have a devastating effect in that they bring about soil acidification. Contamination of water sources is also a serious problem. This leads to water shortage in a majority of the places (Kahn, 2016). Disposal of electronic wastes, therefore, have to be managed properly. Environmental hazards can be controlled with proper disposal of e-waste. Fumes and gases emitted from burning these waste also pollute the air. To contain this kind of problem, it is necessary that people are properly trained to handle electronic waste with care. Action needs to be taken at all levels. The society needs to be involved in the entire process of electronic waste management in order to ensure that there is sustainability. The need for support in the implementation process of electronic waste. This should involve financial support to the community, knowledge transfer as well as information support. All concerned stakeholders need to be involved in achieving sustainable environment by managing wastes properly. References Brown, M., 2016. Technology and electroninc waste management. Science Direct, pp. 1-5. Cannon, R., 2015. Electronic waste management. UK: Oxford University Press. Cayne, E., 2014. Waste Management. Chicago: CRC Press. Cossu, R., 2017. Waste management. International Journal of Integrated Waste Management, Science and Technology, 1(12), pp. 1-9. Davis, V., 2017. Journal of Material Cycles and Waste Management. Springer Link, II(10), pp. 7-89. Devan, W., 2014. Waste Management Todat. Chicago: CRC Press. Egher, T., 2016. Electronic Waste management solutions. Chicago: Penguin. Kahn, B., 2016. How to manage electronic wastes. IT safety and security, pp. 121-145. Kessinger, J., Donald, T., O'brian, T. Kiyoski, C., 2014. Waste management in the 21st century. Dallas: Penguin. young, D., 2016. Modern day management of electroninc waste. Waste And Disposal, Volume III, pp. 1-7.
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