Bauman decision Essay Example | Topics and Well Written Essays - 1250 words

Bauman decision - Essay Example They, plaintiffs, accuse Mercedes-Benz Argentina for brutally punishing plant workers, with the collaboration of the Argentinean military and police forces, whom the Mercedes-Benz Argentina viewed as union agitators. Plaintiffs claim that Mercedes-Benz Argentina had knowledge that the collaboration between the Mercedes-Benz Argentina and the state forces would result in kidnapping, torture, detention and murder of the workers, and that the plan was implemented in a certain manner. The manner is as follows; first, Mercedes-Benz Argentina labelled the appellants as â€Å"subversives† and â€Å"agitators† and this information they passed on to the state forces. Second, MBA had members of the military and state forces stationed within the Gonzalez-Catan plant. Third, MBA opened the plant to raids by the forces. Fourth MBA hired Ruben Lavallen, who is the police station chief and been behind much of the reign terror and installed him the chief of scrutiny, providing legal re presentation yet he was accused of human rights abuse. They also allege that MBA seemed to be pleased with the results of the raids and detentions since these actions helped in ending the strike and restoring maximum production at the plant. Plaintiffs brought a suit against DCAG in 2004 in the District court for the northern district of California under the Alien Tort Statute (ATS), and the Torture Victim Protection Act (TVPA). After a failed attempt to serve process at Stuttgart, Germany one of DCAG’s headquarters, they learned that DCAG purported to maintain an operational headquarters in Auburn Hills, Michigan after which they then attempted to serve DCAG in Michigan, Bauman v. DaimlerChrysler AG.DCAG moved to quash service and to dismiss the case since it lacked personal jurisdiction. In DCAG’s proxy statement submitted by the plaintiffs stated that since Daimler-Benz and Chrysler merged, DCAG maintained two operational headquarters, one in Michigan and the one at the current Daimler-Benz headquarters, Stuttgart. Co-Chairmen and Co-Chief Executive Officers of DCAG, Jurgen E. Schrempp, the former Chairman of Daimler Benz, and Robert J. Eaton, the former Chairman and CEO of Chrysler Corporation, both had offices and staff in Michigan and Stuttgart. Following the submission of this evidence, DCAG withdrew its motion to quash service after the respondents produced documents showing that the Michigan and Stuttgart were dual operational quarters. The service was authorized by a German trial court but was stayed by a German appellate so it could determine whether the process would infringe on Germany’s sovereignty. The defendants objected to these two documents and termed them as unauthenticated hearsay, but the district court dismissed the objection. The court also refused to further examine some of the plaintiffs’ evidence including the percentage of the DCAG’s worldwide sales that occurred through MBUSA in California and the overlap between the personnel of DCAG and MBUSA, since the court found the evidence irrelevant to whether MBUSA was an agent of DCAG and this was beyond the scope of supplemental briefing. The court ruled on DCAG’

Financial intermediation Essay Example | Topics and Well Written Essays - 3000 words - 1

Financial intermediation - Essay Example It was based on the efficiency hypothesis model and was distinguished from the imminent failure model. After analyzing 33 mergers during the 1867-1935 period, the author found that the consolidation and integration (which result as consequences of mergers and acquisitions) reduce systemic risk. An important variable in this finding is the identification of the role of diversification in the dilution and management of risks. The study also proposed the empirical validity of concentration-stability hypothesis as a framework for explaining the stability of Canadian banks. It was found that strong concentration of banks, which came as an offshoot of mergers and acquisitions, was a strong predictor of stability. What is good about the paper The paper is significant for several reasons. It contains important insights on the developmental evolution of the Canadian banking sector. The author has also proposed and explained insights that could enrich the extant literature on the positive impa ct of mergers and acquisitions (M&As). The successful use and evaluation of hypotheses and the systematic assessment approaches included can provide helpful insights to researchers interested in the same or in related research topics. These constitute the reasons why it is worthy of publication. This section will explain this in detail. An important insight postulated by the study is the explanation why the Canadian banking system outperformed the United States banking system during the Great Depression (p.6). The author was able to provide important evidences, most particularly, the argument that Canada avoided the crisis by maintaining a banking system typified by risk diversification through branching (p.6). This aspect in the study contributes an insight to the body of literature in regard to the incidence of bank failures, vulnerabilities and risks that could be avoided. The emerging principle is that mergers have cushioned the Canadian banking system from the Great Depression by diluting the risks. Here, a theoretical evidence was presented: the cases of the cross-province acquisitions from 1900-1931led to risk diversification because the bulk of business for each bank in a consolidated financial institution is based on its home province, hence, the risk for the entire organization is allocated according to its branches, operating in their respective locations. Furthermore, the study also explained the differences between mergers and acquisitions than simply branching out. If the bank is concerned with risks or is interested with diluting it, branching would be an option because it also meant the diversification of operation across Canada. However, it was explained how M&As have different degree of risk exposure than branching, effectively classifying one from the other. If one does think about it, mergers and acquisitions diversify through integration and accumulation of resources whereas branching diversifies by expanding and spending resources. In the former, there is an inward flow of resources where the latter sees an outflow. This is the reason why in the study's comparative analysis, it was found that "out of the 10 chartered banks that remained in business in 1935, six had been involved in acquisitions," and that "only one out of the 26 failed banks was involved in bank consolidation" (p.9). The study used Fisher's exact test to evaluate the relationship it revealed that bank consolidations did not result or

Application of Engineering Principles Essay Example | Topics and Well Written Essays - 2500 words

Application of Engineering Principles - Essay Example exhibit very good formability. One can convert metallic materials into different forms like plates, bars, tubes etc. to name a few. This is possible because metallic materials have very good formability by virtue of non-directional metallic bond. Not just that, metallic materials are easy to assemble to form different assemblies and structures by different joining processes from mechanical fastening to welding processes. (b) Excellent Combination of Mechanical Properties Different set of mechanical properties are required from a component to match the demands posed by the service conditions and environment. Some applications demand very high strength and hardness, while small to moderate ductility is good enough, such as tools for drilling of hard rocks. On the other hand some applications cannot allow relaxation on ductility and toughness; while strength can be sacrificed to some extent. Metallic materials offer excellent combination of these mechanical properties. Not just that, me chanical properties of metallic materials can be tailored as well by means of alloying, mechanical working, surface treatments and suitable heat treatment. Therefore, metallic materials have an edge over other class of materials when it comes to offer desired combination of mechanical properties to suit an application. ... Q2. Relevant properties required by the materials used for manufacturing the â€Å"Centralizer† and â€Å"Travelling Block Hook† are briefly discussed below. (a) Centralisers: These are used to ensure centering of the drilling string in the well bore. Three types of centralizers are there - drill pipe centralizer with changeable sleeve, bit centralizer with changeable sleeve and casing centralizer [1]. Casing ring centralisers are used to provide clearance gap or stand off between the wall of well and the casing. The centralisers rub off against the wall of the well. This rubbing action leads to wear and tear, heat generation and many times sparking. The material, therefore, should have low coefficient of friction, so that less heat is generated and chances of spark generation are minimized. The material should provide high wear resistance. It should possess high thermal conductivity and resistance against spark. Zinc and aluminum alloys posses these properties and are therefore, used for manufacturing of centralisers. Nowadays, spray metal technology is also being explored for fabrication of the casing centralisers [2]. (b) Travelling Block Hook: Travelling block and hook are used for lifting in drilling rig [3]. The material for manufacturing of this component should be high on strength, wear resistance, fatigue resistance and toughness. This is because catastrophic failure of this component can jeopardize safety of the personnel besides other tangible losses. Low alloy steels are used for manufacturing this component. The material is hot forged into the shape and then hardened to improve strength of the component. However, in hardened condition its ductility and toughness drops drastically and therefore,

Journal Assignment Example | Topics and Well Written Essays - 500 words - 9

Journal - Assignment Example Men will spend most of their time watching sports and playing video games as well as watching violent actions. What they see will make them think that to be a real man you need to be violent and aggressive like the stars they watch in movie actions. Men should know that that is not true because to be successful you don’t have to be powerful and dominating women. Women on the other hand spend most of their time building relationships in the media. They visit social sites in pursuit of relationship which times become more involving than the face-to face meetings. Such a use of media by women should stop because they will make them think that part of their life is looking for men who to depend on. Women should spend most of their time reading on their fields and ways to make money and run a family rather than building relationships on the media. Media personalities in their programs especially commentators use some rather harsh words against women athletes. Like Don Imus refer to women basketball team as â€Å"nappy-headed hoe.† Commentators also focus on physical attractiveness of female athletes like Maria Sharapova. On the other hand they portray men as skillful and talented. Commentators’ should focus only on the skillful and how talented the athletes and should not brought in to athletics the sexual natures of the athletes. They sports like the super sport only bring us and analyze in dept the European leagues and women have very little space. We also see only men rugby on our sports channels and rarely do we see women rugby. This will affirm our cultural believe that because men participate in more physical games like rugby then they are strong. The gatekeepers in the media houses also majority are men and this should be changed to have a 50/50 representation. The gatekeepers are responsible for what we regard as more important. The first news headlines or what is on cover page of the newspapers

Problems The Eurozone was Facing in 2011-2012 due to Poor Performances Essay

Problems The Eurozone was Facing in 2011-2012 due to Poor Performances of Some Members and Their Resolving - Essay Example political, economic, financial and social challenges facing the Euro zone along and also explains the measures that can be taken to solve the crisis threatening the collapse of the Euro zone single currency – the Euro. Current political, economic, financial and social challenges facing the Euro zone Political problems in Eurozone Stiglitz (2011) has pointed out that more of political in nature rather than economic. In his opinion, â€Å"If Europe issues Eurobonds, debts are manageable. Even a 150 per cent debt to GDP ratio can be handled if interest rates are low enough, but if rates are high they cannot be†(Stiglitz, 2011). Many people have the illusion that the Eurozone problems are caused by economic factors rather than political factors. Such people believe that Europe is comparatively a stable political region and therefore political problems have fewer roles in causing any challenge to the functioning of Eurozone. However in reality, as in the case of many other r egions in the world, political problems are causing more damages to the ambitions of Eurozone to become the strongest economic power in the world. For example, Greece is one Eurozone country which is facing huge financial problems now. Kotios et al, (2011) have pointed out that the inconsistent economic policies of Greece have contributed heavily to the downfall of Greece (Kotios et al, 2011, p. 263). Greece adopted some kind of economic policies which were unsuitable to the needs of the current economic climate. Their inconsistent economic policies affected Greece as well as Eurozone. â€Å"The European Central Bank is under pressure to bail out indebted countries by printing more euros. But it really isn't as straightforward as that† (Obama Accuses Eurozone of "Problem of Political Will", 2011).... This paper describes the full range of political, economic, financial and social problems, that the Eurozone was experiencing in the years, following the global financial crisis. The crisis exposed weaknesses in Greece economy, as well as in economies of some other members. That economic problems in turn became the threat to the existence of the single currency. The paper also reviews set of economic measures introduced by the members in 2011-2012, that were aiming at overcoming the aftermath of the global crisis The member of Eurozone countries have adopted Euro as their currency in order to reduce the formalities in money transactions of economic transactions between these countries. In short, Eurozone can be defined as a geographic and economic region that consists of all the European Union countries, that have fully incorporated the euro as their national currency. The inconsistent economic policies of Greece have contributed heavily to the downfall of Greece. Greece adopted some kind of economic policies which were unsuitable to the needs of the current economic climate. That affected Greece as well as Eurozone. The ECB was under pressure to bail out indebted countries by printing more euros. Still, many of the European countries were against printing more euros to assist Greece like nations. The absence of centralised political management was causing problems to the functioning of Eurozone. Each member countries were functioning independently and the political control of Eurozone over member countries was negligible. Economic problems in some Eurozone member countries were causing problems in all the other members. Some ot them believed that the poor performances of Spain and Greece were retarding their growth also.

VALS SURVEY Essay Example | Topics and Well Written Essays - 250 words

VALS SURVEY - Essay Example After identifying the innovators and experiencers as the VALS for this particular product, a proper decision should be made on exactly how to appeal to them (Christensen, 2011). First, to appeal to the innovators, I would like to recommend that the marketer should ensure that the commodity is made to be innovative and attractive. As self-actualized consumers, the experiences can only be lured to purchase the iPad if they are convinced that it is fine and appeal to their eyes. This is the only way through which they can perceive it as a product worth spending their money on (Kerin, 2012). On the other hand, to appeal to the experiencers, the marketer should ensure that the iPad is made to represent a creative, fashionable and novel product that depicts a self-expression idea. If it possesses such features, these consumers will consider it as the preferred commodity to purchase (Kotler & Keller, 2009). Experiencers are young consumers who heavily spend on fashionable products like iPad that suit their insatiable tastes for

Othello Essay Example for Free

Othello Essay The narrative of Shakespeare’s Othello is driven by the skillfully interwoven elements of doubt, speculation and posturing that are present and intensified throughout. Though the play is filled with sympathetic characters, Iago and Roderigo being the only two whose intentions are known to the audience as malicious, each character is uniquely flawed and the playwright makes this apparent in even the most pedestrian exchanges.   As the focal point of the plot’s manipulation of its well-intended characters and the unseen catalyst of the ire rising between friends and lovers with no true trespasses toward one another, Iago is brilliant at exploiting such imperfection.    Iago uses the highly charged convergence of race and sexuality to act upon his own jealousies. Acting upon the marriage of Desdemona and Othello, a military hero promoted above Iago, the villain would deceive all parties to induce Othello toward the jealous murder of his faithful wife.   The dramatic resolution is underscored by the progressive discussion engaged by Shakespeare on race and sexuality in Jacobean England. In the opening scene, when Iago demands Brabantio’s attention to his daughter’s deflowering, he immediately inducts the audience into a key principle of the world which the characters inhabit.   Depicting to his advantage a circumstance in which some form of violation has occurred, Iago tells Brabantio that â€Å"Your heart is burst, you have lost half your soul / Even now, now, very now, an old black ram / is tupping your white ewe.† (1.1, 85-87)   This is the first recognition of the theme of race, with Othello’s Moorish ethnicity inciting hostility from Iago.   His jealous and deceptive ancient, Iago uses this characterization to draw a distinction between Othello’s sexual congress with Desdemona as opposed to that of a white man. A theme that would be explored throughout the work, this is a demonstration of the lascivious sexual character which society attributed to blacks.   More a means of differentiation than reality, Iago uses it in this context to inspire indignation from Brabantio over the transgression of his daughter’s purity.   The base terms in which he chooses here to describe Othello’s relationship with Desdemona are indicative of the attitude which pervades the order of men through the play’s five Acts regarding race, sexuality and the dynamic of power amongst all three.   And it is also telling to the perspective of the play itself that Iago’s racism provides the first set of eyes through which we are allowed to observe events and individuals.   As one critic notes of the conflict in the play, â€Å"we find out what it is for the first time only through Iago’s violently eroticizing and racilalizing report to Brabantio.† (Adelman, 25)   This hel ps to manipulate events right before the audience’s eyes.   Such a dynamic is further reinforced by Brabantio’s response: â€Å"Fathers, from hence trust not your daughters’ minds   By what you see them act.   Is there not charms By which the property of youth and maidhood   May be abused?† (1.1, 168-170). Here, Brabantio seems to address the audience, admonishing them of the guile which even young women are capable of.   It is unclear at this early juncture of the play whether it is Shakespeare’s intention to voice his estimation of the female mystique or whether he is beginning to establish what would flourish into a full-fledged lampoon of the vulnerabilities which men suffer to their women.   In the case of Brabantio, it is at least perceptible that he recognizes his susceptibility to manipulation, and that the soft and disarming charms of his beautiful daughter had clouded him of his judgment. This is a recurrent theme throughout the play.   Shakespeare straddles an obfuscating line through the narrative that divides the audience in its perception of his views on gender and race relations.   Without assigning blame to one gender more than the other, he sharply assails both men and women for their vagaries in lust and envy.   The manifestation in Othello is an unending cycle of suspicion and resentment.   In the author’s universe, the yielding and delicate exterior of woman plays easily on the resolution to justice which embodies his men.   For both sexes, this sets off a destructive pattern of deception and misperception. The insertion of race into this dynamic creates something of the explosive situation which Iago exploits. Brabantio in particular is a character who is peculiarly incapable of protecting himself from the manipulative ends of those around him.   It is perhaps of some central importance to the play that much of his consternation and confusion centers around his skewed perspective on sexuality, which he typically characterizes as an act of natural transgression.   Proving himself most permeable to Iago’s suggestions, which wisely prey on the Senator’s sexual complex, Brabantio is equally inclined to view men as capable of deception.   Hurling an accusation at Othello over the violation of his daughter, Brabantio quickly shifts from a misogynistic mode to one of egalitarian mistrust: â€Å"Damned as thou art, thou hast enchanted her! For I’ll refer me to all things of sense, If she in chains of magic were not bound, Whether a maid so tender, fair, and happy, So opposite to marriage that she shunned The wealth, curled darlings of our nation, Would ever have, t’incur a general mock, Run from her guardage to the sooty bosom Of such a thing as thou.† (1.3, 63-70) Beyond another explicitly racist sentiment which Brabantio expresses here, there is a complicated set of views on gender, gender roles and the value system which he uses to contextualize the relationship between men and women.   His emphasis here on Desdemona’s rejection of men with great affluence, rank and reputation, especially in favor of the Moorish Othello, as justification for his scurrilous accusations is based not on a sense of who his daughter is, who Othello is or necessarily even the role that race plays in the matter.   More, Brabantio is inclined to an understanding of gender relations which centers on the material rule of society.   In this way, his perspective represents a conservative conception of how the sexes and races are intended to interact.   As another critical perspective denotes, â€Å"Othello is one play, moreover, that intermixes the differences of race and sexuality as the specters of performance.† (Murray, 93) This is to say that the provocative questions there associated are pitched about with a remarkable candor in a play composed in 1622.   Ultimately, even as Othello becomes an aggressor and his own worst enemy, Shakespeare evades the easy connotations of race and sexuality that seem to be at the basis of Iago’s deceit, weaving instead a deeply nuanced outlook on a very complex subject.