Interview Essay Example | Topics and Well Written Essays - 1250 words

Interview - Essay Example People seeking legal advice from the lawyers will feel secure since civility was being portrayed by the lawyers (Robinson, 2004). What are the opportunities to exercise civility in your daily life, such as at work or at home? The way we treat each other is what matters to determine civility. Civility is accompanied first politeness, this is a manner in which carries himself in the occasion that he or she is seeking for assistance. For instance, assuming one is the receptionist, a client approaches him or her to seek for guidance on a certain issue. The first thing one should do is greeting the client making him or her feel that at home, the client may annoy in the sense that he or she may be abusive or nagging, but remember the receptionist should understand and maintain high levels of politeness thus sending a positive signal, and marketing the institution as one which deals with clients in a polite manner (Robinson, 2004). The other aspect of civility is etiquette, this applies in working environment and a in home set up. One should learn to apologize if he or she has wronged, the simple worlds of am sorry and I apologize may mean a lot in this situation. In the working environment etiquette may be inform of dressing, work ethics treating of clients and facial expression. The first issue will be all about dressing, it should reflect ones character in that being well groomed will show ones seriousness in dealing with matters in hand. Also about work ethics, one should know the set procedures, for instance gossiping while a client is waiting to be served is unacceptable. One should keep in mind that working hours are different from resting hours. The word civility is used by different organization so as to enhance client confident. the all issue of one being civil is a matter of public relation in that how you deal with clients in a more friendly and professional way. The last one is all about facial expressions in that ones look portrays ones character, a smil e may hide a lot, you may be having a rough day with you boss or disagreed with a college at work, this should remain in a matter of the company , if a client approaches you for assistance you should not portray what you have been through rather show high levels of professionalism . In a home set up civility is all about being apologetic and respecting each other. A family that is built on the grounds of civility is bound to last. Respect entails both the parents and the children in that it should be mutual. Issues arising and family disputes should be dealt with in a civil manner. This entails calling for a family meeting in which the matter in hand will be resolved. Matters to do with the adults, that is the parents should be dealt with in secrete rather than in front of the children (Robinson, 2004). If there is one thing that defines a person who is civil, what would it be? Respect is what defines a person who is civil. If at one learns to show respect in all aspect then civilit y will be a daily occurrence. This means that respecting ones duties, if one is assigned certain duties they should be performed heartedly. This will ensure one conducts him or her self performed according the laid down procedure which are laid on the basis of civility. Also if one respect the other person he should be polite to him which is an aspect in civility. I a family set up; respect ensures the family stays at bay. This is respect brushes out the issue of conflict and quarrels, the domestic

Human resources - Expatriate Compensation Research Paper

Human resources - Expatriate Compensation - Research Paper Example This paper will seek to discuss about the different compensation options offered to expatriates as well as what they should expect in those compensation packages. Additionally, it will also include the hidden costs and other life costs that expatriates should consider as they could affect their compensation. Compensation options offered to expatriates Tax Many companies offer expatriates several compensation options. These compensation options can be in the form of taxes whereby a foreigner working in a particular country can be exempted from taxation. This means that, that employee has a compensation option, which is tax, and he or she can choose to be exempted with reference to this option (Froymovich, 2011). In this case, an employee becomes eligible for things like foreign tax exclusions. In addition, he or she can still eligible for extra compensation options that include credits and deductions that help protect the employee from double taxation particularly on the same amount o f income he or she generates after a given period. Therefore, it is advisable that if an employee is going to be paying for his or her local taxes, hiring a qualified and eligible international tax expert who can help understand the kind of exclusions and credits an employee can qualify for in that specific country (Aenlle, 1996). For instance, in some countries such as Belgium, temporary international workers have the eligibility to claim for deductions that locals cannot. In tax preparation, employees tend to include what they commonly refer to as the tax equalization contract in expat packages. In this kind of situation, a company pays for an employees’ international or foreign taxes while the employee essentially pays for taxes in his or her home country as if he is still living in that country (Froymovich, 2011). However, noting that there are number of pitfalls in this case is crucial. An employee can end up owing the company he works for if that company’s accoun tants calculate the employee’s tax burden and establish it exceeds the total amount of money the employee has in his accounts especially if the employee is an American (Kwoh, 2012). Moreover, despite the point that the company may promise to pay for an employee’s tax preparation so that the employee complies with the US regulations, it may fail to inform the employee of any other local charges that the employee is responsible for in due time making it hard for the employee to comply immediately. A clear outlook into this situation indicates that the article provides evidence that there are hidden charges that an employee may fail to be aware of resulting to ambiguities. In this case, the hidden charges are the local charges needed to take care of the required paperwork and in the US, it can cost up to $1000 or more (Aenlle, 1996). Apart from this case, there are others where an employee may be responsible for his or her local taxes without prior preparation knowledge o r assistance as per what date will the exemptions or deductions will be available. According to the senior portfolio manager, Maxim Global Wealth Advisors, Portland, Ore,

Comparison Of Dorian Gray To Lord Henry And Sibyl Vane Essay -- essays

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The Comparison of Dorian Gray to   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Lord Henry and Sibyl Vane   Ã‚  Ã‚  Ã‚  Ã‚  Oscar Wilde’s 19th century The Picture of Dorian Gray portrays a young, naà ¯ve man, Dorian Gray, who begins to change because of Lord Henry Wotton’s negative influence on him; likewise, Dorian influences Sibyl Vane as a result of Henry’s influence on him. Because of Henry’s influence, Dorian’s attitude towards women and his respect for women change for the worse. Because of Dorian’s influence on Sibyl, she commits suicide.   Ã‚  Ã‚  Ã‚  Ã‚  Wilde first portrays Dorian as a sweet, sensitive man whom everyone admires. He was described as a â€Å"wonderful young man.† He was not concerned with money or power. One day Dorian meets Lord Henry Wotton through a mutual friend, Basil Hallward. This is the beginning of the end for Dorian because Lord Henry’s influence pollutes his mind. Although Lord Henry states that, â€Å"all influence is immoral,† he nonetheless changes Dorian. Lord Henry gives Dorian a book about a man who seeks beauty in evil pleasures. Dorian becomes this man. Lord Henry tells Dorian, â€Å"Women represent the triumph of matter over mind, men represent the triumph of mind over morals.† Lord Henry means that women are beautiful, but stupid and men are smart but have no morals. Lord Henry’s theory cor...

Music as Cultural Criticism Essays -- Music Musical Culture History Es

Music as Cultural Criticism Works Cited Not Included In his article â€Å"Daily Life in Black Africa: Elements for a Critique,† author Paulin Houtondji offers his perceptions of several aspects of life in Africa. His statements are explicit, observant, harsh, and backed up with examples and anecdotes. Many African pop musicians provide similarly critical assessments of various aspects of African life, but they choose to do so in a much subtler way. Houtondji’s criticism of Africa for its serious failure is similar to that of artists like musician E.T. Mensah, who uses upbeat music to lessen the sting of his subversive lyrics. In fact, so deceivingly happy is the sound of the music that missing the entire message of the song is highly possible. His candor and blatancy in expressing his opinion, however, also parallels the work of artists like Fela Kuti, Unsung Heroes, and Prophets of Da City. Though Houtondji and many musicians share the common goal of improving society, or at least highlighting its flaws, the parties focus on different aspects of society, and probably garner different results. To a Western reader, Houtondji and his writings may seem more serious, scholarly, and even competent, even for such a simple reason as a societal bias towards the written word over the spoken. On the other hand, taking into account the low literacy rates in much of Africa, as well as the aural language, the situation may be the opposite in Africa. The spoken, or sung, word should prove highly effective in addressing social wrongs, suggesting societal change, or calling people to action. Using words as weapons is not uncommon, and they are effective both set to music and written. A preliminary reading of Houtondji’s article leads to a c... ...such injustices. Words are often used as effective weapons in written and verbal war. Though seemingly non-violent, these conflicts contain elements of violence, and can thus prove highly painful. In his article â€Å"Daily Life in Black Africa: Elements for a Critique,† author Paulin Houtondji criticizes superficial problems in daily life in Africa, while hinting at the issues of the bigger picture. Similar to this approach, E.T. Mensah uses music to soften the blow of his loaded words. Other pop musicians, such as Fela Kuti, choose not to be sensitive to their audiences, and instead assault them with politically charged lyrics, calling them to action and demanding social change. Both approaches and styles are effective, but an audience’s receptiveness and perception may be the most important determining factors of an artist’s success in issuing a call for change.

International Trade Payment & Finance Practice of Bangladesh

International trade is the backbone of our modern, commercial world. Producers in various nations try to profit from an expanded market, rather than be limited to selling within their own borders. There are many reasons that trade across national borders occurs, including lower production costs in one region versus another, specialized industries, lack or surplus of natural resources and consumer tastes. This trend is attributable to the increased globalization of the world economies and the availability of trade payment and finance from the international banking community.Although banks also finance domestic trade, their role in financing international trade is more critical due to the additional complications involved. First, the exporter might question the importer’s ability to make payment. Second, even if the importer is creditworthy, the government might impose exchange controls that prevent payment to the exporter. Third, the importer might not trust the exporter to shi p the goods ordered. Fourth, even if the exporter does ship the goods, trade barriers or time lags in international transportation might delay arrival time. There are a number of methods of trade payment.Before importers and exporters decide to do business with each other they need to understand and adopt a method suitable to meet their specific needs. The contract between buyer and seller will specify the way in which payment is to be made. Certain methods of payment are less risky than others. It is up to the buyer and seller to agree on a method that suits them both. The choice of payment method is affected by several factors like requirements of the seller and buyer, relationships between the trading partners, the operating environment and associated risks, object of transaction and market conditions etc. Once acceptable risks have been determined then the most appropriate payment method can be selected.Exporters use different methods of financing international trade, depending upon the resources they have available and the transactional risk they are able to absorb. The ability to access international markets is an important strategic opportunity for manufacturers and sellers because it expands a company's customer base exponentially. International trading is much more complicated than making domestic sales, and comes with internal and external stress factors that often determine whether a company can effectively operate in the global arena.The assignment has two objectives1) To discuss conceptual issues of international trade payment and finance 2) To discuss international trade payment and finance practice of BangladeshConceptual Issues of International Trade Payment and Financing Methods To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each e xport sale, an appropriate payment method must be chosen carefully to minimize the payment risk while also accommodating the needs of the buyer.Financing methods use a variety of trade finance products that are available to exporters to increase cash flow and reduce the risk associated with shipping products overseas. Importers and exporters usually need to resort to trade payment and financing mechanisms, coursed through third parties such as banks or specialized financial institutions that help guarantee both the payment to exporters and the delivery of products to importers.There are four common methods of payment available to firms engaged in International trade: Cash in Advance, Open Account / Supplier credit, Documentary Collection, and Documentary Credit / Letters of Credit LC. Cash in advance means payment in advance, or advance payment, refers to a situation in which the seller requests payment from the buyer before he will ship the goods. The seller only ships out the good s to the buyer after receiving the payment. With cash in advance payment terms, an exporter can avoid credit risk because payment is received before the ownership of the goods is transferred.Payment is usually made in the form of an international wire transfer to the exporter’s bank account or foreign bank draft. As technology progresses, electronic commerce will allow firms engaged in international trade to make electronic credits and debits through an intermediary bank. In cash in advance process, at first, there will be a purchase sale agreement between exporter and importer. In payment procedure there will be three steps, first, importer makes payment to the exporter. Second, exporter will make the shipment of goods and third, exporter will send the documents to the importer.1. Purchase Sale Agreement 2. Payment 3. Shipment of Goods 4. DocumentsFigure 1: Process of Cash-in-Advance There are some features of this method: interest of exporter is fully protected and interest of importer is not protected. Banks are involved in the process of transferring payment. Documents and shipments are directly handled by the exporters. There is no universally accepted regulation to guide cash-in-advance. It is guided by the purchase or sale agreement. It is one of the cheapest forms of trade payment method but it is the least popular form of trade payment method in the world. It is used in the world less than 1%.Cash-in-Advance should be used only under the following conditions: The importer is a new customer and/or has a less-established operating history. The importer’s creditworthiness is doubtful, unsatisfactory, or unverifiable. The political and commercial risks of the importer’s home country are very high. The exporter’s product is unique, not available elsewhere, or in heavy demand. The exporter operates an Internet-based business where the acceptance of credit card payments is a must to remain competitive.Open account is the reverse o f cash-in-advance, in which the goods, along with all the necessary documents, are shipped directly to the importer who has agreed to pay the exporter’s invoice at a specified date, which is usually in 30, 60 or 90 days. The exporter should be absolutely confident that the importer will accept shipment and pay at the agreed time and that the importing country is commercially and politically secure.1. Purchase Sale Agreement 2. Shipment of goods 3. Documents 4. PaymentFigure 2: Process of Open AccountIn open account method, interest of importer is fully protected and interest of exporter is not protected. Banks are involved in the process of transferring payment. Documents and shipments are directly handled by the exporters. There is no universally accepted regulation to guide open account. It is guided by the purchase or sale agreement. It is also the cheapest forms of trade payment methods. It is the most popular form of trade payment method in the world. It is used in the w orld more than 85%. Open account terms may help win customers in competitive markets and may be used with one or more of the appropriate trade finance techniques that mitigate the risk of non-payment. It helps to establish and maintain a successful trade relationship.Involvement of bank is insignificant and thus it’s not costly for the traders. Documentary collection (D/C) is the process of collection of payment by a bank on behalf of exporter from importer against documents. The importer is not obligated to pay for goods before shipment. It offers some protection to the seller. It is more secure than shipping on an open account basis but less secure than using a letter of credit or an advance payment. In documentary collection process, the very initial step is contract between exporter and importer where it is decided that payment will be collected against documents.Next step is shipment of the goods and preparation or collection of the documents by the exporter. After colle ction and preparation of documents exporter is supposed to submit documents along with a set of collection instruction at the counter of Remitting Bank. Remitting Bank is the bank at the counter of which documents are submitted by exporter to collect payment from importer on its behalf. Remitting Bank generally collects payment and forward documents using the service of collecting and/or presenting bank.Presenting bank is the bank that presents documents to the importer. And collecting bank is the bank that is involved in the process of documentary collection. Then as per the collection instruction importer receives documents either DP (Documents against payment) or DA (Documents against acceptance). Then the importer will release the goods against documents and exporter will receive payment either immediately or as per the accepted terms through banking channels.Figure 3: Process of Documentary CollectionIn this method, interest of importer is protected and interest of exporter is better protected than Open account. It is guided by the purchase-sale agreement and URC 522 (Uniform Rules for Collections). URC is published by International Chamber of Commerce (ICC) under the document number 522 (URC 522). All the banks involved in the documentary collection are the agent of exporters. Documentary Collection process could be risky for the exporter, if documents are not received by the importer. The exporter’s bank (remitting bank) and the importer’s bank (collecting bank) play an essential role in Documentary Collection process. Although the banks control the flow of documents, they neither verify the documents nor take any risks.It is considered to be one of the cost effective methods of evidencing a transaction for buyers, where documents are manipulated via the banking system. With documentary collection transactions, the exporter has little recourse against the importer in case of non-payment. Thus, documentary collection should be used only und er the following conditions: The exporter and importer have a well-established relationship. The exporter is confident that the importing country is politically and economically stable. An open account sale is considered too risky, and an LC is unacceptable to the importer.Documentary Credit or Letters of Credit (L/C) is the commitment, guaranty or undertaking by a bank on behalf of importer to the exporter about the payment of certain amount subject to the fulfillment of certain documentary condition. This method is a compromise between buyer and seller because it affords certain advantages to both parties. The exporter is assured of receiving payment from the issuing bank as long as it presents documents in accordance with the L/C. An important feature of an L/C is that the issuing bank is obligated to honor drawings under the L/C regardless of the buyer’s ability or willingness to pay. On the other hand, the importer  does not have to pay for the goods until shipment has been made and the documents are presented in good order.Documentary credit are recommended for new or less established trade relationships because the buyer’s bank is there to guarantee for both exporters (that payment will be made) and importers (that the terms of the contract are met). First step of Documentary Credit process is contract between buyer and seller where it is decided that payment will be made through L/C. Then the importer approaches to a bank (Issuing Bank) to issue L/C. Issuing bank is a bank that issues letters of credit (L/C).If the bank agrees on financing terms then L/C is issued by the issuing bank and sends to the exporter (Beneficiary). While sending L/C, issuing bank generally uses the services of a bank known as Advising Bank. Advising Bank is the bank using the service of which issuing bank advices credit to the exporter on behalf of importer. Advising Bank is selected by the Issuing Bank.After receiving L/C exporter makes shipment and prepare do cuments to submit to the issuing bank or its agent (Nominated Bank). Nominated Bank is the bank nominated by the issuing bank at the counter of which documents may be submitted by the exporter in addition to the counter of issuing bank. Nominated bank is selected by the preference of exporter. After the submission of documents to the Nominated Bank or Issuing Bank, documents are examined to a certain ‘Complying Presentation’. Complying Presentation means the documents submitted are in order. Documents are complying if these are in accordance with L/C terms and conditions, UCP 600 and ISBP 681.The concept of Complying Presentation is particularly important for the examination of documents by the bank and also for the exporter for preparation of the documents. If the documents are in order, there could be negotiation or honor. Negotiation is performed by the Nominated Bank through purchasing or discounting of documents without the consent of Issuing Bank which is a financ ing technique. When Nominated Bank negotiate documents it is known as Negotiating Bank. Honor means payment. If payment is occurred by issuing bank then it will be honor. Honor could be at sight, deferred basis, or acceptance basis.Following negotiation or honor documents are forwarded to the Issuing Bank for reimbursement. Issuing Bank is supposed to examine documents and makes arrangement for making payment. Issuing Bank makes reimbursement to the Nominated Bank by using the service of Reimbursing Bank. Then finally, documents are handled to the importer and  then, goods are released by the importer. After that importer make payment to the issuing bank for settlement.From above discussion we can find some responsibilities of issuing bank: Issuance of L/C and making arrangement for advising. Amendment of L/C if required. Examination of documents and honoring document. Making reimbursement to the nominated bank.In international trade transaction there are various types of Letters of credit (L/C) is used. Broadly there are two types of Letters of credit.i. Revocable Letters of credit ii. Irrevocable Letters of credit.If any Letter of Credit can be amendment or changed of any clause or canceled by consent of the exporter and importer, it is known as Revocable Letter of Credit. In case of seller (beneficiary), revocable credit involves risk, as the credit may be amended or cancelled while the goods are in transit and before the documents are presented, or although presented before payments has been made. The seller would then face the problem of obtaining payment on the other hand revocable credit gives the buyer maximum flexibility, as it can be amended or cancelled without prior notice to the seller up to the moment of payment buy the issuing bank at which the issuing bank has made the credit available. In the modern banking the use of revocable credit is not widespread.If any Letter of Credit cannot be amendment or changed of  any clause without the consen t of all concern parties – importer (applicant), exporter (beneficiary), Issuing Bank, and Confirming Bank (in case of confirmed L/C), is known as Irrevocable Letter of Credit. An Irrevocable Letter of Credit constitutes a firm undertaking by the issuing bank to make payment. It, therefore, gives the beneficiary a high degree of assurance that he/she will pay to his/her goods or services provided he/she complies with terms of the credit. There are also some special types of L/C such as: Transferable L/C, Back to back L/C, Revolving L/C, Confirm L/C, Red clause L/C, and Standby L/C.The main modes of international trade are export and import. Both of them required financing in order to complete the export and import process properly. Trade financing is financing either to the exporters or to the importers. Exporters use different methods of financing international trade, depending upon the resources they have available and the transactional risk they are able to absorb. Broadly financing is two types: Export financing and Import financing. Export financing means financing facilities to the exporter and financing facilities to the importer is called import financing. Exporters need financing facilities at two stages: i. Pre shipment stageii. Post shipment stage Pre-shipment finance for exporters is the finance required to bring an export transaction to the point of shipment – either to manufacture, process, or purchase merchandise and commodities for shipment overseas. Pre Shipment Finance is issued by a financial institution when the sellers want the payment of the goods before shipment. The main objectives behind Pre-shipment finance or Pre-export finance is to enable exporter to: Procure raw materials.Carry out manufacturing process. Provide a secure warehouse for goods and raw materials. Process and pack the goods. Ship the goods to the buyers. Meet other financial cost of the business. Pre-shipment financing is especially important to smaller e nterprises because the international sales cycle is usually longer than the domestic sales  cycle. Pre-shipment financing can take in the form of short term loans, overdrafts and cash credits. Packing credit, back to back L/C, red clause L/C etc. are the example of pre shipment export financing. Packing Credit is a pre shipment credit offer to the exporters to meet expenses related to the preparation of goods and transportation. It is especially needed when inputs for production must be imported. It also provides additional working capital for the exporter.Post Shipment Finance is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This type of export finance is granted from the date of extending the credit after shipment of the goods to the realization date of the exporter proceeds. Exporters don’t wait for the importer to deposit the funds. Negotiation or purchasing is the example of post shipment expo rt financing. As like as export financing, import financing also two types: i. Pre import financingii. Post import financing. Pre import financing means financing before buying goods from exporter. L/C is the example of pre import financing which is not covered by the margin. Post Import Financing means financing after shipment of goods arrived. Once shipment of goods arrived, importer may lack the necessary liquidity to pay their issuing bank immediately. The bank can provide them the post import financing facilities. PAD (Payment Against Document), LIM (Loan against Imported Merchandise), LTR (Loan against Trust Receipt), all are the example of post import financing. PAD is created by the issuing bank at the time of making payment to the exporter on behalf of importer. If PAD is not cleared in due time then bank canceled it and convert PAD to LIM.International Trade Payment and Finance Practice of Bangladesh In the context of Bangladesh, Documentary Credit is the most popular and widely used for making import payments from Bangladesh. In 2012, 85% of import payments from the country are made through letter of credit. The other two methods- open account and documentary collection are used 3% and 10% for international trade payment respectively.Because of domestic regulation (Import policy order 2009-2012) on import of Bangladesh cash in advance is less used in Bangladesh. It is used 2% in our country for make payment against  international trade. In case of export, 30% of payments were received through Documentary Collection, and 65% of payments were received through Documentary Credit. Cash in advanced is used to make domestic trade payment in Bangladesh. As like other countries cash in advance is the least popular method of trade payment in Bangladesh in international trade payment. It is used 2% in our country for make payment against international trade. Open account is the most popular method of trade payment around the world. It is used more than 85% in international transaction. But in case of Bangladesh it is used only 3% of total received payment of export. Bangladesh Trade 2012Import Export Cash In Advance 2% Cash In Advance 2% Open Account 3% Open Account 3% Documentary Collection 10%Documentary Collection 30% Documentary Credit 85% Documentary Credit 65%Source: BIBM Report 2012 So it can be said that most of the export and import transactions of Bangladesh are dominantly settled by documentary credit. The result is that the businesses are paying high for their transaction settlement. As documentary credit has involvements of different parties namely the nominating bank, the reimbursing bank, the confirming bank etc. Some of them are involved only to ensure the creditworthiness of the issuing bank against a certain percentage of commission. Another reason could be that the sovereign rating is lower than that in some countries in LDC group.Although there is specific guidelines published by the International Chamber of Commer ce (Such as UCP-600, ISP98), documentary credit is an inefficient process in terms of time. As a result the businesses of our country are losing their advantage over those of some countries under the class of  developing countries. As any L/C opened in our country has to comply with domestic regulations, guidelines on foreign exchange transactions along with Foreign Exchange (FE) circulars issued by Bangladesh Bank and the Import Policy Order and the Export Policy Order of the country are followed, these issues effect scrutinizing of import documents.However, it is to be remembered that whenever an L/C is established only the ‘L/C terms’ are ‘terms’ and only they are to be considered for examining a set of import documents. As per article 14 of the UCP 600 any bank shall have a maximum of five banking days following the day of receiving of the document to determine if a presentation is complying. In some banks there is a practice of sending the discrepanc y notices within 2-3 days after receiving the documents. Banks consider the act as a protective measure on their part. Charging of discrepancy fee appears to be another reason of such practice.Banks have been observed to approach to the importers to get their opinion before rejecting the documents. In regard to discrepancies, late shipment, late presentation, expiry of the L/C are very common. Other than some exception, whatever we import, we have to follow L/C for making payment. But the margin of L/C is very high for importer in Bangladesh. Margin means the amount of money paid by importer against opening a L/C. More over the repayment of L/C financing is also satisfactory. L/C is a payment technique but it also has financing component. Banks in Bangladesh also provide finance to importer through L/C to facilitate international business.In the financial year July 2010 – June 2011 the total amount of L/C opened in Bangladesh was Taka 38,582.35. Total import payments of Bangl adesh in the financial year July 2010 – June 2011 were Tk. 240,027.90. Total export receipts of Bangladesh (including exports of EPZ) during the financial years, 2010-2011 and 2009-2010 amounted to Tk. 145,007.60 and Tk. 102,148.2 respectively. Total import payments of Bangladesh (including EPZ) during the quarter July 2010-June 2011 stood at Tk. 240,027.9 (or US$ 8,788.5 million).Concluding Remarks One of the most important challenges for traders involved in a transaction is to secure financing so that the transaction may actually take place. So Bangladesh Bank imposed regulation to import through LC but most of the export payment is done by documentary collection.The faster and easier the  process of financing an international transaction, the more trade will be facilitated. Traders require working capital (i.e., short-term financing) to support their trading activities. Exporters will usually require financing to process or manufacture products for the export market befo re receiving payment. In Bangladesh the trade finance is depend upon bankers and importers relationship. Therefore, Bangladesh governments should provide assistance and support in terms of export financing and development of an efficient financial infrastructure.

Economic Boom of the 1920s Essay

Only those who know little or nothing about economics and the very naive did not know in the year 1925 that economic hard times follow good times as economic booms and slumps are cyclical. Still, there were various reasons why even seasoned economists may have speculated that economic prosperity of the 1920s would continue forevermore. Machinery, manufacturing plants and â€Å"the process of standardized mass production† were the main reasons for the excitement of the 1920s (Schultz and Tischler). In fact, the economy of the United States continued to grow until 1929. The First World War had encouraged industry to expand. Labor shortages coupled with the need to increase production had stimulated the development of efficient modes of production. Taylorism or scientific management to streamline processes of production in order to increase production capacity had been introduced around the country. With new machinery and management tools, worker productivity was raised. This rise in productivity increased wages, thereby increasing consumption. Americans were also encouraged to use credit to fuel consumption at the time. The installment plan was an innovation of the 1920s. What is more, the government supported businesses by raising tariffs on foreign goods, reducing personal income tax and corporate tax, repealing taxes on profits, and looking into unfair trade practices as a means to encourage businesses to expand (Schultz and Tischler). The consumer psychology in 1925 was another reason why many may have reasoned that economic slumps are a thing of the past. Americans had the radio at the time, in addition to a growing motion picture industry to keep their mindsets positive. They also had electric appliances at home and a growing automobile industry making them believe their lives had changed forevermore in a positive direction (Schultz and Tischler). Then again, all those who know about the economic boom bust cycle were aware in 1925 that a slump is sure to follow a boom. Works Cited Schultz, Stanley K. , and William P. Tischler. â€Å"Civil War to the Present. † American History 102. 1999. 1 Mar 2009.

Embryonic Wars Essay - 1634 Words

The specific objective of this major essay is to clarify and summarise the controversial debate concerning the ethical decency of embryonic cloning for therapeutic purposes. This is the form of cloning that is supposedly beneficial to a barrage of medical applications. We will identify the key opposing ethical perspectives such as those of the justification of embryonic research based on the normative theory of consequentialism. This paper will also probe into the relatively brief history of the debate while gauging the particular stumbling blocks of disagreement which bioethicists have arrived at. The topical aspects of therapeutic cloning will be closely studied by weighing the pros and cons and gaining a greater understanding of the†¦show more content†¦In July this year, scientists of the United Kingdom began to publicly exploit a loophole in the Government’s ruling of the rejection of spare-part cloning research. The loophole allows the researchers to continue wi th experiments by importing stem cells from cloned embryos which have been created and destroyed in another country. There is a rather surprising amount of medical benefits arising from therapeutic cloning research which have to be weighed before we assess where the debate is currently at. Doctors lay well founded expectations that by being able to study the multiple embryos developed through cloning, the causes of disastrous spontaneous abortions can be determined and much human loss can be averted. A greatly viable application lies in the field of clinical contraceptives. Leading contraceptive specialists perceive that if they can determine the manner in which an embryo knows where to implant itself, a contraceptive can be developed which will prevent embryos from implanting in the uterine wall. An additionally important branch of therapeutic cloning research is embryonic stem cell development. Stem cells are undifferentiated cells that can quot;evolve into almost any type of cellquot; (Lord 28) within the human body. These cells are not attacked by a person’s immune system because of thei r rapid maturation and undifferentiated status. Many doctors have reason to believe that these stemShow MoreRelatedThe Limits Of Scientific Limits1306 Words   |  6 Pageswhether or not advances in technology are ethically correct or if the results are unethical and god-like. Thus, the cases presented in Patrick Guinan’s work â€Å"Bioterrorism, Embryonic Stem Cells, and Frankenstein†, which is published in the Journal of Religion and Health for psychological and medical research, â€Å"Bioterrorism, Embryonic Stem Cells, and Frankenstein†. Consequently, an overwhelming majority of individuals believe that scientists should be forbade to perform experiments that â€Å"play god† inRead MoreEmbryonic Stem Cell Research - in Vitro Fertilization1051 Words   |  5 PagesIn vitro fertilization and human embryonic stem cell research are two of the most popular and controversial topics that are being discussed today. Lee Silver, from the film defines in vitr o fertilization as: [T]ak[ing] the process of reproduction out of the darkness of the womb, into the light of the laboratory. And all of the sudden you can do anything you want with these human embryos and eggs, which couldn t be done before (Holt). The real question regarding all of the varying opinions andRead MoreEscape from Spiderhead by Dr. Abnesti Essay1333 Words   |  6 Pagesby Sample); individual biological lab and research group; facing moral challenges; experiment content is rather two-sided etc. Additionally, cloning technology is also a hot debate in scientific morality. â€Å"In 1998, researchers discovered that embryonic stem cells could be derived from early human embryos† (Walters, 3). Though claiming this is an advance and one the future tracks of new treatment in many kinds of diseases that we fail by now, by bring genetic vision into medical usages. I stillRead MoreThe Misleading Debate On Stem Cell Research853 Words   |  4 Pageswhich by every definition of law belong to them, to be adopted (Kaplan). Appealing to society’s emotions and values on subject matter that has already been decided by a court of law is a stance that shows no room for negotiation. The fact that embryonic research has been banned in other countries is bound to make society ill at ease as they wrestle with what for some is shaky moral ground (Charen). Shedding no light on the ban in Germany, Italy, Portugal, Luxembourg, and Austria, one would concludeRead MoreEmbryonic Stem Cells : Research Worth Pursuing1201 Words   |  5 PagesLauren Sauer Mrs. Vogan Research Paper 24 February 2015 Embryonic Stem Cells: Research worth Pursuing â€Å"Embryonic stem cell research will prolong life, improve life, and give hope for life to millions of people,† said politician Jim Ramstad. This is a very powerful statement, and a very accurate statement. The solution to curing many diseases is just around the corner because of the advancements in embryonic stem cell research. The much needed support of society can speed up the progression ofRead MoreEssay Problems with Embryonic Stem-Cell Research1416 Words   |  6 PagesRecently in the scientific world, the field of embryonic stem cell research has become a popular topic and has been the subject for many heated debates. Experts in the field of stem cell research promise that this will be the future of medicine; that stem cells will be the cure to all the debilitating diseases and afflictions of today, such as Alzheimer’s disease, heart disease, cancer and nerve damage. The truth about embryonic stem cell research is that it is not as hopeful and as revolutiona ryRead MoreA Research On Limb Regeneration1170 Words   |  5 Pageswhy scientist have created prosthetic limbs such as arms and legs (Kove). Kiger counter acts Kove’s argument by arguing limb regeneration is not time consuming because when babies are in the womb they are growing limbs through embryonic stem cells within a few months. Embryonic stem cells are pluripotent cells that originate in an early stage embryo. In support of Kiger, M.D. Anthony Atala and his team have been molding different limbs and experimenting them on humans. Thus far they have found thatRead MoreThe Heated Debate Concerning Stem Cell Research Essay examples1237 Words   |  5 Pagesthe media, political leaders and various groups and organizations from around the nation. The responsiveness to this issue has been incredible because of the potential of these studies as well as the most controversial aspect of the research; the embryonic stem cell. This has much of the nation in an uproar because of ethical and moral views on the situation at hand. Many feel that embryos should be considered human beings and should not be destroyed for the causes of medical science. Therefore theseRead MoreStem Cell Research And Vitro Fertilization1476 Words   |  6 PagesIntroduction Writing on Embryonic Stem Cell Research and In-Vitro Fertilization is a very difficult subject. Can it better mankind or is it an abomination against God. Religion plays a big part to the devout and their beliefs that they put in God. Science has its findings and personal beliefs on this subject that it’s not against God. The two have compelling arguments about the subject matter and pulls you into a spiritual and logical tug of war. It involves a political point of view and a banRead MoreThe Debate Concerning Stem Cell Research Essay1114 Words   |  5 Pagescells: the embryonic stem cell, which is found in an embryo, and the adult stem cell, which is found in adult tissues. They have the ability to divide themselves into other specialized cell types which will grow to become the human body parts such as the circulatory system, the nervous system and the immune system. While legal, â€Å"several lawsuits have been filed relating to stem cell research issues. In March 2013, a lawsuit was filed in federal court to stop federal funding of human embryonic stem cell

Macbeth S Crimes Essay - 669 Words

â€Å"The witches are the most powerful characters in the play and the catalyst of all Macbeth’s crimes† Do you agree? In Shakespeare’s play Macbeth, we are faced with a character, Macbeth, who is known as a strong soldier in the play and from this we can infer that he is a determined character. In saying that, we witness the transition from a character that is already very ambitious, into a character that becomes fuelled with the desire for power. The fuel had begun from the prophecies and apparitions given by the witches in telling Macbeth that he will rule the kingdom of Scotland. Not only do the witches begin and spur Macbeth crimes, but also does Lady Macbeth in encouraging him and instilling the evil values that she possesses†¦show more content†¦In Act 1 Scene 7, Macbeth mentions in the soliloquy that Duncan had been a gracious and kind king and that there was no reason to commit the murder. Thus, questions raised on his character from Lady Macbeth deeply hurt his ego as she concluded that he was not worthy of being called a man. Lady Macbeth wanted to see her husband succeed a nd become King, and she didn’t stop at anything. She tells him ‘†¨O, never†¨Shall sun that morrow see! †¨Your face, my thane, is as a book where men†¨May read strange matters. To beguile the time,†¨Look like the time; bear welcome in your eye,†¨Your hand, your tongue: look like the innocent flower,†¨But be the serpent undert.’. If Lady Macbeth hadn’t influenced Macbeth, then he would still be an honorable, and noble man. Lady Macbeth manipulated Macbeth, as he was by the witches also. Though Lady Macbeth and the Witches are the most powerful characters in the play and the catalysts, Macbeth is also responsible for his own actions and committing regicide as he says ‘stars, hide your fires; let Light not see my deep and black desires’. Macbeth knew that if he wanted to become King he would have to do evil. The witches and Lady Macbeth both manipulate and evoke Macbeth to act the way that he does because he is gullible to their influence. Lady Macbeth was an addition to the evil thoughts of Macbeth but without the witches providing an insightShow MoreRelatedWilliam Shakespeare s Macbeth And Fyodor Dostoevsky s Crime And Punishment1902 Words   |  8 Pagesis it that some people are able to overcome these outcomes from their decisions? It does not come without hardships that affect the person mentally. Two famous narratives of literature in particular are William Shakespeare’s play Macbeth and Fyodor Dostoevsky’s novel Crime and Punishment. Both works are allegorically similar in that the situations and struggles of the protagonists have complex ways of following a decision that has lead to distinctly different outcomes. However, both narratives areRead MoreMacbeth, By William Shakespeare1431 Words   |  6 Pages Macbeth, though originally a valiant and prudent soldier , deteriorates into an unwise king whose rash decisions conclusively end in the atrophy of his title, power, and position. Several factors contribute to the downfall of Macbeth, which produce a contagion effect and ultimately end with his demise. He receives help from his â€Å"inner ambitions and external urgings† which result in his downfall (Bernad 49). The â€Å"external urgings† consist of the weird sisters who disclose his prophecies, which enlightenRead MoreEssay on Macbeth Appearance vs Reality1260 Words   |  6 PagesAppearance versus reality is an important theme in William Shakespeare#8217;s Macbeth. The theme focuses on characters who are deceived by what appears to be real, and on the tragic consequences that follow this error in judgment. These characters include, Duncan, who trusts Macbeth too much; Lady Macbeth, who tricks by the witches and herself; Macbeth trickes by other people in the play. King Duncan trusts Macbeth too much. Macbeth appears as a super hero and faithful to King Duncan. He fights againstRead MoreAt the end of Macbeth, Malcolm refers to Macbeth and Lady Macbeth as this dead butcher...and his fiend-like queen. To what extent do you agree with this judgement?1352 Words   |  6 Pagescrowned King of Scotland describes Lady Macbeth as a fiend-like queen. To a certain extent this judgement is true, yet Lady Macbeth has to actually evoke evil spirits to help prevent her from feeling any compassion or warmth. The evil spirits unsex Lady Macbeth and remove all feminine qualities from her, trading them for evil, proving that deep down there must be some good in her if she has to call for some outside help to aid her with her deeds. Lady Macbeth likes to be seen as ruthless and cruelRead More Macbeth Appearance Vs Reality Essay example1222 Words   |  5 Pagesis an important theme in William Shakespeareamp;#8217;s Macbeth. The theme focuses on characters who are deceived by what appears to be real, and on the tragic consequences that follow this error in judgment. These characters include, Duncan, who trusts Macbeth too much; Lady Macbeth, who tricks by the witches and herself; Macbeth trickes by other people in the play. nbsp;nbsp;nbsp;nbsp;nbsp;King Duncan trusts Macbeth too much. Macbeth appears as a super hero and faithful to King Duncan. HeRead MoreMacbeth864 Words   |  4 Pagesimagination. In any piece of literature, imagery plays a significant role in illustrating the characters. In the play, Macbeth, written by William Shakespeare, the characters of Macbeth and Lady Macbeth are developed through the use of clothing, sleep, and blood imagery. Through the use of clothing imagery, Shakespeare exposes and develops the character of Macbeth. In the beginning, Macbeth is seen as loyal soldier of King Duncan. When presented with the title of Thane of Cawdor, he says Why do you dressRead MoreMacbeths Faults877 Words   |  4 PagesThe Rise and Fall of Alexander the Great Macbeth One of Shakespeare’s most hailed plays, Macbeth, is a narrative that centers on a gentleman that goes by the name of Macbeth and his story of going from a normal man to King in only a short amount of time. He achieves this through sheer self-indulgence, as he could have remained a noble, but elected to destroy everyone in his path to becoming King. Macbeth loves becoming King, but is constantly craving more and more control, with the play eventuallyRead MoreThe Tragedy Of Macbeth By William Shakespeare1023 Words   |  5 PagesTragedy of Macbeth. The Tragedy of Macbeth was a turn from glory to tragedy. A story of a true tragic hero. Macbeth is a brave soldier in a war for Scotland. A tale of a great soilder that was highly praise in his kingdom turn to a tragic murderous sinful king. Macbeth kill his friends and his king to take the throne and power to fulfill a witches prophet .The focus of Macbeth’s tragic story is self ambition,his unrelentless guilt, greedines s , and poor judgement. All serve a purpose to macbeth destructionRead MoreGerald Deocariza Iii. Mrs. Jardine. English 3, Period 4.1161 Words   |  5 Pagesprotagonists of a dramatic tragedy. A tragic hero gets For example, William Shakespeare wrote a play called The Tragedy of Macbeth to show Macbeth’s uprisings and downfalls. Macbeth’s downfall results to wrong judgements that combines fate and external forces. If his downfalls does not kill him, his downfalls can cause the tragic hero to suffer for the rest of his life. Macbeth gains the utmost respect from other people; on the other hand, he also loses everything he gained because of his mistakesRead MoreLady Macbeth940 Words   |  4 PagesLady Macbeth Shakespeare, who was a writer born in Stratford-upon-Avon created many different plays, in which he always portrayed the woman as the â€Å"bad guy.† He was born in 1564 and he was a writer, actor and a dramatist. He wrote many plays, mostly revolving around tragedy such as: Romeo and Juliet, Hamlet and Macbeth. Shakespeare was a respected poet, and writer who received recognition after he passed away, April 23rd. 1616. One of Shakespeare’s well-known tragic plays ``Macbeth`` describes how