Philip Anderson

Which of the investment alternative: Provides the highest returns to the client? Provides the highest profits to Stuart&Co.? In order to find the right result for each question, I suppose the client of each situation will invest $10,000. I will make a lot of calculations to support my opinion. The process listed as Exhibit1, Exhibit2 and Exhibit 3. Both Alternative A and C will provide the highest returns to the client depending on the period of investment. In this case, A has the highest investment return (See Exhibit 3). In this situation, ending redeemable value (ERV=P (1+T) n) and gain on investment are higher than B and C.Other than that, the cost of investment (Cost investment = Initial payment+ Total Load or Commission) is lower than B and C. So, the ROI (ROI= (Gain on investment + Cost of investment)/cost of investment) is higher than B and C. This is because A has the highest initial payments, but B and C need to take the load out from the same initial payments. Moreover, A has a lower management fee. Instead, B has a higher load and management fee; C has a higher load. Alternative B will provide higher profits to Stuart & Co (See Exhibit 2). In this situation, the total profit of Stuart & Co. s the sum of load or commission and management fee. B is higher than A and C. This is because B requires paying load or commission at 5% to purchase. Besides, B has a high percentage management fee. 2. Which alternative should the top management of Stuart & Co. want Philip to recommend to his client? Is the company’s control system designed to ensure that choice? (The case mentions several measures used to reward the branch managers). I think alternative B is what the top management wants because it will bring the maximum profit for the company.The company’s control system is not designed to ensure this choice. For example, the company emphasis on† developing and nurturing profitable relationship with as many clients as possible, and the speci fic products and service sold to clients should be dictated by the needs of those clients. † Obviously, B is not the one which should be dictated needs of clients because clients are pursuing high ROI. At the beginning of this investment, clients need to pay 5% of his initial payment (P) to company for load or commission, which reduces his initial payment.Also, B has the lowest average annual total return (T). During the same length period, lowest P and T will cause the lowest ending redeemable value (ERV). Besides, B has the highest investment cost. Therefore, B’s ROI is lower than A and C. 3. If Philip recommends the highest profit choice (for the company), is he acting unethically? From the perspective of the company, he is acting ethically. This is because maximizing company’s profit is company’s ultimate goal. On one hand, Philip has helped his clients make profit from their investment.On the other side, he helps his company to achieve highest profit. It is the ideal result of company’s control system. Therefore, he is doing an excellent job at his position. It is ethical. However, from the perspective of clients, he is not acting ethically. Clients hope their investment advisor can help them to achieve highest ROI. This means they want higher gain on investment and lower cost of investment, which just conflicts with company’s benefit. So if Philip did not consider clients’ benefit but just focus on company’s benefit, his acting is unethical.

Comparison of Two Religions Research Paper Example | Topics and Well Written Essays - 500 words

Comparison of Two Religions - Research Paper Example Buddhism originated in northeast Asia under the influence of an ancient Buddha known as Gautama Siddhartha who lived in the 5th century B.C. Siddhartha came up with Buddha teachings that enabled an individual to attain high levels of enlightenment. At this level, the individual completely detaches from the body through the process of meditations thereby alleviating worldly sufferings. Buddhism has undergone metamorphosis leading to divisions in the ancient traditions of Buddhism. The divisions include Vajrayana that represents the diamond vehicle, Theravada that symbolizes the doctrines from the elders and Mahayana that represents the great vehicle (Wilke, 2011). Hinduism entails numerous religious practices but the most prevalent practices include Hatha yoga, Ayurveda, and the Kundalini yoga. Hatha yoga is the process of meditating in order to attain self-awareness (Cush & York, 2008). Hatha yoga provides the oldest form of Hinduism that enabled individuals to achieve their objectives in life through the process of profound concentration. Ayurveda constitute the ancient traditions of Hindu whereby individuals received treatment and healing. In the contemporary societies, many individual have incorporated the practice into their religious practices especially in the West. Kundalini yoga enables an individual to unlock the psychic energy that exists at the root of the spine allowing it to diffuse to the upper parts of the spine, hence a heightened level of relaxation (Cush & York, 2008). Having undergone radical changes in its traditions, Buddhism retains specific ancient religious practices that incudes meditations, Mudras, and prayer wheels. Meditation is common in various sub sects of the religion. To achieve ultimate goals through meditations an individual engages in rigorous concentration. This helps the individual to attain detachment thereby developing ones reality.

When the Antibiotics Quit Working Assignment Example | Topics and Well Written Essays - 500 words

When the Antibiotics Quit Working - Assignment Example An antibiotic is a medication that is used to cure pathologic conditions of the body that result mainly due to bacterial infections. This group of drugs has the capability of restricting the growth of bacteria by many mechanisms and they are particularly very useful because these drugs possess the specificity of mainly attacking the bacteria. This property makes them very useful because this allows them to specifically target the microorganisms and not the host cells. Antibiotics are drugs which are prescribed by the doctors for the treatment of severe infections which are caused by bacteria. These drugs are not useful against viral infections because they are not effective in that case. The use of antibiotics has greatly increased over the years. With this rise in the prescription of these medications, there has also been a rise in their ineffectiveness. This incompetence of the drugs results due to the development of antibiotic resistant bacteria. The reason behind this is that when the bacteria come under attack by these drugs, they have the capability to undergo certain changes via many mechanisms which make them resistant to that particular drug. After the development of one strain of resistant bacteria, there is a quick spread and if the same bacterium infects another person, it will still be resistant to the antibiotics. This can be very harmful and it is via this mechanism that the antibiotic resistant tuberculosis has resulted. Hospitals serve as pools for the generation of these resistant strains. Also the immediate prescription of antibiotics without an initial treatment with alternative medications can be counted as a reason for leading towards this prob lem. Antibiotic overuse with animals also results in resistant bacterial strains within animals and when these are consumed by humans, they also result in diseases by bacteria which do not respond to certain

Nutrition discussion Case Study Example | Topics and Well Written Essays - 250 words

Nutrition discussion - Case Study Example What happened in the above illustration was that the food ordered in the hospital the previous day could not be provided in time the following day. The patients needed the roast beef, but sixty-five of them ended up not getting lunch. The cooks had to work on the problem first before they began preparing the evening meal. The lateness caused general delays in the hospital as even the nurses had to wait the patients to take lunch. This operation shows how important food production is, relative to patient fulfillment. The production sheet is a record indicating the amount of a food substance and the number of patients who ordered for it. The purpose of the production sheet therefore was to clearly identify whether the problem lay in the patients or the employees. Some patients might have thought of taking roast beef twice thereby causing a shortage. Poor production control generally leads to less consumer satisfaction poor employee morale and increased employee work load. Poor production of food also increases food costs as substitute food services have to be provided and catered

Module 1 and Journal Article Review 1 Essay Example | Topics and Well Written Essays - 1000 words

Module 1 and Journal Article Review 1 - Essay Example This change is just an effect of more complicated issues in the society. The changing family structures, the law, the economy, and the innate characteristics of different cultures all contribute to population imbalance between the young and the old. Traditional lifestyle is adapted by most Mexican families, but this did not spare them from the effects of a growing aging population. According to Weaver, â€Å"societal aging may affect economic growth, sustainability of families, and communities to provide resources for older citizens† (â€Å"Why Population† 2). The effect can be largely felt in the economic sector since the future of the workforce is at risk; wherein if there should be a continuous decline of birth rates and rapid increase of the aging population, the future economy would suffer as the nation would seek and import foreign workers. As the economy suffers from the lack of human resource, economy itself is also a major factor in this social shift. Due to th e increased price of basic commodities and other needs related to child rearing such as education, spouses prefer to use modern birth control methods in contrast to the â€Å"God only knows† family size (Weaver â€Å"Aging in Mexico† 3). ... Furthermore, changing perspectives of intimate relationships also contribute much to this issue, which is more complicated than the economic side of the problem since this deals with the opinion and freewill of the people to chose whatever kind of relationship they want. Saying that the kind of relationship they have would develop negative side effects in the economy is against their freedom. The dilemma of having the people gain personal choice and at the same time protecting the national interest would require more studies on social preferences and a solution to fill in employment supply. Article 1 Kevin Kinsella and David Phillips in their article â€Å"Global Aging: The Challenge of Success,† identified what it means to have an economy with an aging population, with the corresponding reasons behind this and their effects on social shifts. Kinsella and Phillips contend that the aging population as a â€Å"success story† also has consequences especially on the economy . There are many factors in the declining birth rates of the population, but major contributors are fertility, sex ratios and the changes in societal perspectives especially to the family. According to Kinsella and Phillips, women nowadays are more adept to the rights concerning their reproductive health and thus, they already take part in deciding family planning. As working mothers continue to rise, the less likely for modern families to have more children. Sex ratio also complicates this problem. In Ukraine, there are only about 50 men per 100 women; more or less, other countries may have the same case. If the ratio would remain disproportionate, many challenges would compromise the

The philosophers Thomas Hobbes and John Locke Assignment

The philosophers Thomas Hobbes and John Locke - Assignment Example As a result, formation of a government with total power is necessary for men to coexist peacefully. Such a government is formed by people who transfer their liberty for safety. People obey the laws formed by the government, which stands between them and their state of chaos, and they do not have the right to overthrow the government (Ladenburg, 2007). On the contrary, Locke believes that people are born free with rights to dispose their properties. According to Locke, people form a government to protect their possessions, and they can regain their liberty if the government breaches the law of society. However, following the events that happened in Libya, Locke’s opinion is misguided. After Gaddafi’s fall in Libya, democracy has not yielded much. The country is controlled by armed militias, and the economy is deteriorating. Libya’s state under Gaddafi’s ‘authoritarian’ rule was better than the current ‘democratic’ rule. In conclusion, absolute democracy is unattainable in the presence of many people. Different people pursue different goals, which are likely to be conflicting, and this throws the society into a state of disorder. Human liberty needs to be controlled for a peaceful and progressive

Ethan Frome by Edith Wharton Essay Example for Free

Ethan Frome by Edith Wharton Essay Naturalism is commonly understood as an extension or intensification of realism. The intensification involves the introduction of characters of a kind (Baym, 1999) A perfect example of Naturalist work is Ethan Frome by Edith Wharton. Ethan, one of the main characters in the book, is a old, deformed man who is in love with his wifes cousin. Zeena is Ethans wife who occasionally has psychological illnesses. Mattie is Zeenas cousin and is in love with Ethan. There are many examples of naturalism in Ethan Frome: the characters, their deformities, and their lowly place in society, their bad luck, and distasteful environment they lived in. Ethan Frome, a significant character in the book, is very troubled. Life hasnt been pleasant for Ethan. Through his life experiences, Naturalism has been portrayed. At the beginning of the story, the reader, from the following quote, finds out that Ethan is crippled from a smash-up:The smash-up it was—I gathered from the same informant—which, besides drawing the red gash across Ethans Fromes forehead, had so shortened and warped his right side that it cost him a visible effort to take the few steps from his buggy to the post-office window. (Wharton 4)This is a characteristic of Naturalism because the smash-up was caused by Ethans emotions. If Ethan did not have any feelings for Mattie, the smash-up would have never taken place and Ethan and Mattie would not be injured and forced to spend the rest of their lives being taken care of by Zeena. Then, the novel goes into a flashback and the whole story of Ethan Frome is told to the reader. The reader then finds out that Zeena, Ethans wife, is actually his cousin who came to Starkfield to take care of Ethans mother, and she never left after his mother passed away. Ethan and Zeena get married and they have a loveless marriage that took place because of loneliness. In the novel, it says that the marriage might not have taken place if it had not been wintertime. This is also another example of Naturalism because it was decision that was controlled by their instincts that if they did not get married, then they would have a lonely winter. Zeena becomes sick, and her cousin Mattie has to come to Starkfield and take care of the house. Ethan falls in love with Mattie, but is not able to express his feelings at first because of Zeena. Later on in the story, Ethan and Mattie discover that they love each other and that they cannot be together so they decided to commit suicide. Unfortunately, the suicide attempt was futile and Mattie and Ethan both survive. In this part of the story, Ethan and Mattie are acting on their emotions because they know that they cannot runaway together, and they also know that if they commit suicide they will never have to be apart together. Ethan and Mattie would have run away together if not for their economic conditions. Because the farm was so poor, Zeena wouldnt have sold the farm for very much and she would have to suffer if Ethan and Mattie had runaway together. Although, Ethan Frome plays a very big role in this novel, Zeena also portrays examples of naturalism. Zeenas character was portrayed to the reader as being selfish and needy. Because Zeena was not required to take care of anyone, she began to show the symptoms of sickness that Ethans mother was described to have had. And within a year of their marriage she developed the sickliness which had since made her notable even in a community rich I pathological instances. When she came to take care of his mother she had seemed to Ethan like the very genius of health, but he soon saw that he skill as a nurse had been acquired by the absorbed observation of her own symptoms.(Wharton 53)This is an example of Naturalism because Zeenas need to be required by others led her to become psychologically sick and this affected her marriage with Ethan. In the middle of the novel, Ethan and Mattie walk home together after the dance and Zeena hasnt put out the key. To the reader, this seems like it was Zeenas instinct to not put out a key because she was suspicious of the relationship between Mattie and Ethan. Soon after, Zeena goes to see a new doctor in town because of her sickness. This event gives the impression that Zeena is sick only because she wants to be recognized in society, and being sick is allowing her to be noticed by others. At the very end of the novel, Zeena recognizes that Mattie and Ethan have feelings for each other, and tries to split them apart by hiring another girl to take care of the house. However, the smash-up allowed Zeena to be needed by the handicapped Mattie and Ethan, and Zeena instant got better. These are examples of naturalism, because Zeena is acting on her instincts that that Ethan and Mattie are having an affair, and the outcome is that they try to commit suicide and fail and have to live the rest of their lives together with Zeena almost in  poverty. The decisions that the characters in Ethan Frome impact the rest of their lives. These decisions are all examples of Naturalism. Ethan decisions are based on his instinct and also his emotions of love for Mattie, and his emotion of loathe for Zeena. Zeenas, on the other hand, are based on by her instinct that Ethan and Mattie are in love with each other, her lowly status in society, and also their meager economic conditions. This book shows the reader that life should not always be controlled by instinct and emotion, but rather that it should be controlled by thoughts and adapting to the environment around you. Wharton, Edith. Simon Schuster, 2004.