QUESTIONS Essay Example | Topics and Well Written Essays - 1000 words

QUESTIONS - Essay Example Ordinarily an organization has attempted it once with disappointment in this manner they don't attempt it once more. Endeavoring to decide why it didn’t work and actualizing another arrangement or effective methodology can yield positive outcomes. Regularly Managers consider it to be requiring some investment to create; this normally implies the worth they got from the exertion set forth didn't legitimize the assets they set forth. Additionally associations grumble they need more information about the individuals in their associations, in these cases execute the procedure where you do have enough information. Different activities are additionally observed as increasingly significant however without satisfactory staffing it is hard to meet these effectively. 2. Clarify the distinction between a staffing system and a staffing plan? A staffing plan depicts the staffing activities an association is going to take to execute a staffing methodology; the arrangement may address selecting, advancements and inward developments, maintenance, the utilization of low maintenance staff and additional time and conceivable redistributing of work. 3. How might you approach characterizing the privilege staffing levels for your organization? To characterize required staffing levels it is critical to comprehend what is behind changes in staffing levels in your organization, recognize what is driving staffing needs. Is this an adjustment in the company’s movement, a move in the item or administration blend, geographic extension or upgrades in administration levels? The association additionally needs to recognize constraining components and characterize changes in jobs and positions. Utilize a blend of quantitative methods, for example, proportions or time based ratio’s where they are appropriate. Supplement these with subjective strategies, for example, directing organized meetings with directors when quantitative methodologies don't work for your organization. 4. Give three wild and three controllable staffing activities that could happen while making a staffing model? Wild staffing activities incorporate willful turnover, ordinary

Education Manifesto essays

Training Manifesto papers What understudy hasnt felt exploited during their school years? Most likely none, all things considered. These days, corporate authority over American government funded training has exploited understudies by utilizing them as mandatory buyers to sell their items. This sort of constrained support is an infringement of understudies rights and office. Corporate America needs to figure out how to fill their coffers other than exposing understudies and schools to need to expend a set measure of their item or lose their subsidizing. The manner in which companies hit manages school areas to give financing and materials in return for a chance to open the understudies to their item so as to sell as much as possible is untrustworthy on the grounds that it is exploiting understudies and compelling them to purchase things they dont need, or even simply sit in front of the TV. For instance, Channel One, an every day, advertisement bearing news program for levels 6-12 communicates free to 40% of all schools contracting it as an obligatory piece of the educational plan. The motivating force to schools? Establishment and boundless utilization of the gave satellite dish, VCRs, and homeroom TVs. Channel One Communications claims, keeps up, and guarantees the equipmentand repossesses it if the school drops its agreement. Two minutes of every day by day 12-minute program contain ads for which partnerships pay over $800 million yearly to convey their promulgation to 8 million hostage understudies (Rockne). Organizations additionally settle on restrictive understandings to sell or use items, generally with organizations like Pepsi and Coca-Cola. Purported shoe schools emerge from athletic shoe concurrences with partnerships like Nike and Reebok-and include unintended pressure schools that go after understudies in open-enlistment regions. These understandings can be perilous due to the offers the organizations make. In the Colorado Springs school locale, schools will get $8.4 million more than ten years from its arrangement with Coca-Cola and... <!

Essay Topics Books - Choosing a Great Book

Essay Topics Books - Choosing a Great BookWhen you're searching for essay topics books, you will find that there are many to choose from. There are several reasons for this, not the least of which is that students often need additional help to find the topic that they're interested in writing about.Of course, it is true that some essay topics books offer extra help, but these can be confusing and may take too much time away from what you're trying to do. As you'll learn, there are some essay topics books out there that are specifically designed to help students work through the process of choosing a topic.These textbooks are meant to be read, so that students can put it to use as a homework assignment or as an essay that they plan to write. After all, it's not as if there's a shortage of good essay topics available.A great way to improve your skills is to be sure that you're using the best essay topic book, and I think this is the most important tool in any learning environment. You can find plenty of sources of information online about the subjects you want to write about. Whether you have a question or need assistance selecting a topic, you can find a reliable source of books and other resources that can give you an overall idea of what you need to know.This can be a very important resource, especially if you are required to spend time writing your essay, and not able to do so by yourself. To make sure that you've found the right essay topics book, it's important to consider what you're looking for. It could be the primary source of your syllabus, or a resource to help you and your advisor select and implement the topic you want to write about.In any case, there are several different types of textbooks that you can find, and you should get one that has several options. The majority of students need help getting started with the task of finding a topic to write about, and you'll find that there are specific books that are designed to help you through the proce ss.If you need help in the process of determining the topic for your class, you should look for books that address your specific academic needs. For example, if you're looking for essay topics books that are specific to research papers, you should get books that offer you several options, and cover the topic of research papers in particular.Again, there are many essays topics books to choose from, and the best ones are the ones that have different sections that you can use to help you in your writing task. Don't make the mistake of selecting the wrong book; go for the right one and choose the section of your syllabus that best suits your needs.

Pornography Is A Widespread Modern Moral Issue - 2313 Words

Pornography is a widespread modern moral issue. It is known as any erotic picture or film made to arouse sexual desire. The definition of pornography is the printed or visual display of explicit content, used to stimulate erotic feelings. In modern society pornography or porn has become more easily accessible due to the use of technology. The main purposes for it today are to stimulate ones feelings and it has been turned into a sort of entertainment. In ancient times there were no words for pornography, did it even exist? Certain passages from the bible provide information as to whether there was porn and if it falls under the category of something that is good for a society or is it something that is harmful to society. Since the word pornography does not appear in the bible it may lead to the conclusion that porn did not exist in ancient times. However there are words related to it that may define it in certain passages, such as lust and coveting. In biblical times these words pla y a large role in Israelites lives. They were not to be taken lightly. The bible has one commandment that pertains solely to lust and coveting. Thou shall not covet (Exodus 20:17). This commandment includes everything that belongs to your neighbor, their house, everything in it and their wife. In biblical times the wife of a man was thought of as the man’s property. She belonged to him and in this commandment she is seen as an object that is not to be lusted after. This commandment stresses theShow MoreRelatedPornography : Not So Harmless1582 Words   |  7 PagesPornography: Not So Harmless The word pornography brings to mind graphic images and videos of sex and nudity. Pornography isn’t a modern idea, in fact, media meant to arouse sexual desires has existed throughout centuries of human history. Explicit murals were found among the ruins of Pompeii. 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An Evaluation Of Real Estate Investment Trusts Finance Essay - Free Essay Example

Sample details Pages: 13 Words: 3962 Downloads: 7 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? Besides of Equities, Bond, Property, Fix Deposit, Hedge Fund, Unit Trust Fund and etc.   A new asset class investment option has emerged with potential fair return of investment in Malaysia.   REIT Also known as Real Estate Investment Trust.   With the concept like Unit Trust, by gather pool of money from all sizes of investors.   REIT based companies will invest, manage and distribute rental as dividend back to the investors.   It is also being trade in Bursa Kuala Lumpur with ease of buy and sells back like a normal equity. REIT is not new to the world, in many other developed countries, REIT has been developed for decades and with steady fix income as oppose to fix deposit as an alternative. It targets long term investor with moderate risk such as insurance companies, pension funds, unit trust funds and even individual investor. As many investors may not be able to invest in a huge property portfolio, REIT gain strength fro m pool of funds gathered and invests into high profile and high value properties for better return. REIT returns averagely in develop market is around 3-5% depending on its individual performance.   However, REIT in Malaysia is very attractive because as we are in a so-called last phase of developing nation before developed.   Our nations propertys values are still a gap behind many developed countries in Asia.   This emerge as an opportunity with an average attractive yields between 6-8% which is higher then other major developed countries. Especially when REITs are in the infant stage in Malaysia, most REIT managers are with option and plan to growth their property portfolio to trade or manage rental in order to achieve even a better yield for investor. As our nation propertys value is undervalued for decades, there will be a high potential of asset revaluation will bring capital growth to the investor.   Typical a potential of upside will be b etween 20-30% around a five (5) years period.   In conjunction with the government effort to liberalize and boost property asset values in Malaysia. An example of an early REITs launched in 2006 STAREIT.   It has till date performed a 7% dividend yield based on the NTAB of 97 sen.   If compare to Fix Deposit of 3-4% and even with government based senior citizen bond that offer 5.5%.   STAREIT becomes much attractive and excluding the potential of its asset revaluation that includes all its prime location properties located at Bintang Walk, Kuala Lumpur. REIT is not just having the existing property to rent out, manage and collect rental.   A high performance REIT is like your property fund manager.   They will develop new opportunities, acquire more properties into their portfolio and to some countries, jointly develop property projects.   This will provide even a higher potential return compare to those low to moderate risk in vestment instruments. LEGAL FRAMEWORK GUIDELINES IN REITs HISTORY The Securities Commission of Malaysia released new guidelines on real estate investment trusts (REITs Guidelines) on 3 January 2005. The REITs Guidelines supersede earlier guidelines on property trust funds published in November 2002. The key features of the REITs Guidelines include the liberalisation of borrowing limits as well as the relaxation of restrictions under the old guidelines on the acquisition of leasehold properties and properties encumbered by financial charges. Borrowings of a fund should not exceed 35% of its total asset value at the time the borrowings are incurred. Leases must be registered and all real estate must be free from encumbrances at the time of acquisition except for charges entered by financial institutions, trustees and management companies in relation to loan facilities extended. The initial minimum size of a real estate investment trust is RM100 million (approximately US$26 million) and the minimum size of subsequent launches is RM25 million (approximately US$6.5 million). Real estate investment trusts may acquire real estate located outside Malaysia subject to the specific approval of the Securities Commission. The management company of a real estate investment trust must be a subsidiary of a Malaysian company involved in the financial services industry in Malaysia or a property development company or a property investment holding company. However, delegation is permitted subject to Securities Commission approval. Permitted investments include real estate, single-purpose companies (i.e. unlisted companies whose principal assets comprise real estate), real estate-related assets, liquid assets, non-real estate-related assets and asset-backed securities. However, at least 75% of a listed funds total assets must be invested in real estate, single-purpose companies, real estate-related assets or liquid assets, with a minimum 50% of total asset s invested in real estate or single-purpose companies. For an unlisted fund, a minimum of 70% of its total assets must be invested in real estate, single-purpose companies or real estate-related assets with at least 50% invested in real estate or single-purpose companies. At least 20% of the unlisted funds total assets must be invested in liquid assets at all times and the remaining 10% in other permitted assets. NEW AMENDMENT GUIDELINES The recently released Guidelines on Real Estate Investment Trusts (New Guidelines) issued by the Securities Commission of Malaysia (SC) on 3 January 2005 has created waves among the industry players in Malaysia including property owners and developers and promoters of real estate investment trusts (REITs). The New Guidelines replace the Guidelines on Property Trust Funds (Previous Guidelines) dated 13 November 2002 and the highlights are as follows. Re-branding The term real estate investment trusts is adopted in the New Guidelines inclu ding in its title, and is consistent with the terminology used in the US, Hong Kong, Singapore, Japan and many other jurisdictions replacing property trust funds which was the term used in the Previous Guidelines. New borrowing limits In the Previous Guidelines, unless otherwise approved by the trustee of the REIT and the SC, the total borrowings of a property trust fund was capped at 30 percent of the net asset value of the fund at the time the borrowings are incurred. The New Guidelines have eased this limit to 35 percent of its total asset value. Acquisitions of leasehold properties Under the Previous Guidelines, a property trust may acquire lease-hold property with at least 60 years remaining on the lease. This requirement has been removed from the New Guidelines to ensure more flexibility in such acquisitions. The New Guidelines now provide that the consent of the relevant authority to transfer the lease must be obtained before the funds prospectus is registered wit h the SC or prior to the acquisition of the leasehold property; and the lease must also be a registered lease. Acquisition of real estate encumbered by charges The Previous Guidelines provided for a blanket prohibition against the acquisition of encumbered real properties save with the approval of the SC. This requirement has been liberalized under the New Guidelines, which provides an exception where the charges on real estate are entered by financial institutions, trustees and management companies. Acquisition of foreign real estate Unlike the Previous Guidelines that merely mention the possibility of acquiring foreign properties, the New Guidelines specifically provide for the permitted scope of such acquisitions including that the REIT may participate in forward sales and purchases in relation to any foreign real estate in its portfolio, subject to the rules. Eligibility requirements of management companies The New Guidelines have relaxed the limit for foreign equity participation in the management company of a REIT to 49 percent from the previous limit of 30 percent. Further, the previous requirement that the management company shall be a public company has been removed. In addition, the requirements relating to the holding company of the management company have been abridged. Submission requirements and procedures The submission procedures, dealt with more briefly in the Previous Guidelines are provided for in great detail in the New Guidelines. Specific forms for different types of submissions to the SC are prescribed in the New Guidelines including those for the establishment of a REIT appointment of the trustee, appointment of the Management Company and issuance of new units for an existing REIT Specific forms of declaration of compliance with the guidelines were also introduced in the New Guidelines. It is envisaged that the more detailed rules would mean less time being wasted in clarifying and requesting for further informat ion and therefore result in a speedier decision-making process for REIT related submissions to the SC. The above changes made to the REIT regulatory regime augurs well for the growth of industry in Malaysia considering that several big names such as the Employees Provident Fund, YTL Corporation Berhad, Axis Group of Companies, Sunrise Berhad and CIMB Berhad have expressed their interest in setting up REITs. In order to further fuel the enthusiasm of market players, it is suggested that further tax incentives such as tax exemption for dividends received by REIT unit holders including non-resident unit holders should be affected. HOW REITs WORK Investing in income-generating real estate can be a great way to increase your net worth. But for many people, investing in real estate, particularly commercial real estate is simply out of reach financially. But what if you could pool your resources with other small investors and invest in large-scale commercial real estate as a group ? REITs (pronounced like treats) allow you to do just that. REIT stands for real estate investment trust and is sometimes called real estate stock. Essentially, REITs are corporations that own and manage a portfolio of real estate properties and mortgages. Anyone can buy shares in a publicly traded REIT. They offer the benefits of real estate ownership without the headaches or expense of being a landlord. Investing in some types of REITs also provides the important advantages of liquidity and diversity. Unlike actual real estate property, these shares can be quickly and easily sold. And because youre investing in a portfolio of properties rather than a single building, you face less financial risk. REITs ­ came about in 1960, when Congress decided that smaller investors should also be able to invest in large-scale, income-producing real estate. It determined that the best way to do this was the follow the model of investing in other industries; the purchase of equity . A company must distribute at least 90 percent of its taxable income to its shareholders each year to qualify as a REIT. Most REITs pay out 100 percent of their taxable income. In order to maintain its status as a pass-through entity, a REIT deducts these dividends from its corporate taxable income. A pass-through entity does not have to pay corporate federal or state income tax it passes the responsibility of paying these taxes onto its shareholders. REITs cannot pass tax losses through to investors, however. From the 1880s to the 1930s, a similar provision was in place that allowed investors to avoid double taxation which are paying taxes on both the corporate and individual level because trusts were not taxed at the corporate level if income was distributed to beneficiaries. This was reversed in the 1930s, when passive investments were taxed at both the corporate level and as part of individual income tax. REIT proponents were unable to persuade legislation to overturn th is decision for 30 years. Because of the high demand for real estate funds, President Eisenhower signed the 1960 real estate investment trust tax provision qualifying REITs as pass-through entities. A corporation must meet several other requirements to qualify as a REIT and gain pass-through entity status. They must: Be structured as corporation, business trust, or similar association Be managed by a board of directors or trustees Offer fully transferable shares Have at least 100 shareholders Pay dividends of at least 90 percent of the REITs taxable income Have no more than 50 percent of its shares held by five or fewer individuals during the last half of each taxable year Hold at least 75 percent of total investment assets in real estate Have no more than 20 percent of its assets consist of stocks in taxable REIT subsidiaries Derive at least 75 percent of gross income from rents or mortgage interest At least 95 percent of a REITs gross income must c ome from financial investments (in other words, it must pass the 95-percent income test). These include rents, dividends, interest and capital gains. In addition, at least 75 percent of its income must come from certain real estate sources (the 75-percent income test), including rents from real property, gains from the sale or other disposition of real property, and income and gain derived from foreclosure of property. Because REITs are required to distribute 90 percent of their taxable income to investors, they must rely upon external funding as their key source of capital. Just like other stock offerings, publicly traded REITs collect funds via an initial public offering (IPO). Those funds are used to buy, develop and manage real estate assets. The IPO works just like other security offerings except that instead of purchasing stock in a single company, the buyer will own a portion of a managed pool of real estate. Income is generated through renting, leasing, or selling the proper ties and is distributed directly to the REIT holder on a regular basis. When a REIT pays out its dividends, theyre equally distributed among shareholders as a percentage of paid-out taxable income. REITs have a board of directors elected by its shareholders. Typically, these directors are real estate professionals who are highly respected in the field. They are responsible for selecting the REITs investments and hiring the management team, which then handles day-to-day operations. REITs earn money from rented space or sales of property. The preferred method for measuring REIT earnings is called funds from operations (FFO). The National Association of Real Estate Investment Trusts (NAREIT) defines FFO as: Net income (computed in accordance with generally accepted accounting principles), excluding gains (or losses) from sales of property, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures. Adjustments for unconsolidate d partnerships and joint ventures will be calculated to reflect funds from operations on the same basis. Basically, REITs add or deduct from net income (rent and sales computed according to generally accepted accounting principles [GAAP]) any gains or losses due to depreciation, sale of property and unconsolidated partnerships and joint ventures. Essentially, FFO measures a REITs operating cash flow produced by its properties, less administrative and financing costs. Under generally accepted accounting principles, net income typically assumes that the value of assets goes down over time; somewhat predictably. Real estate generally retains or even increases in value. On the balance sheet under GAAP, however, land remains at its historical cost and buildings gradually depreciate to zero. Since a REITs primary business involves real estate, the depreciation charges negatively skewed the companys true profitability. FFO was adopted to address that problem by excluding depreciation costs from the net income figure. FFO is not a foolproof measure, however. Not all REITs calculate it according to the NAREIT definition and items such as maintenance, repairs and other recurring capital expenses are missing from the formula. In order to get a true FFO, investors must often read a companys quarterly report, and any supplemental disclosures. MARKET PERFORMANCE OF REITs INTRODUCTION The recent collapse of stock markets around the world has not spared REITs. This unprecedented turmoil has wiped US$160 billion (RM576 billion) off the total market capitalization of global REITs in the year to end-June 2008. Thats a 20 per cent drop as the widespread correction in real estate values collided with extreme volatility in the international equity markets. The United States saw its market cap drop below US$300 billion (RM1, 080 billion) to US$259 billion (RM932 billion) during that period. The Asian REIT market, surprisingly, was the best performer in 2008 i n terms of one- and three-year returns and is poised to overtake Europe as the worlds second largest REIT market in market cap. Among these Asian REITs are Link REIT Hong Kong, Westfield Australia, Parkway Healthcare REIT Singapore, CDL Hospitality Singapore and CMT Singapore which have strong sponsors and good balance sheets. Though Malaysian REITs are small compared to these heavyweights, M-REITs performance in 2008 has been much better than the industry average, registering an average drop of 29 per cent versus Singapores 56 per cent, and they continue to have simpler structures and low gearing favoured by investors. What is emerging from the current market turmoil is that shell-shocked equity investors are turning to tax efficient REITs to bolster income returns generated by their bruised stocks portfolio. In its latest Global Property and REIT Report, Standard Poors said its Global REIT index outperformed the broader equity stocks significantly in the third quarter of 2008, falling only 4.4 per cent compared to the 16.6 per cent drop in its Global Broad Market index. It said that in the midst of all the turmoil, REITs and REIT-like companies, typically leveraged around 40 per cent, have done surprisingly well. The global financial crisis started to impact the countrys real economy in the fourth quarter of 2008. The first and second quarters in the current year will be the acid test as to whether the economy will slip into negative growth. At the moment, the situation is one where Malaysian corporates are planning for the slowdown. Results in the third quarter of 2008 had been a mixed bag with some companies showing good results on the back of strong commodity prices and healthy order books. That could change in the fourth quarter where the impact of lower commodity prices and declining order books would mean lower performances. One strong point is that the balance sheets of banks and companies in the country are healthy thanks to cau tion exercised since the 1997 Asian financial crisis. Also, the banks have not had any exposure to sub prime structured products or Credit Default Swaps which brought down Lehman Brothers, Bear Stearns and AIG and damaged the balance sheets of many investment banks globally. In Malaysia, liquidity is still strong, banks are still lending and the government is putting in place contingencies for stimulus packages for the economy. A positive note is that inflation is abating, which allows Bank Negara further room to lower the Overnight Policy Rate. MARKET PERFORMANCE IN MALYSIA THE Malaysian real estate investment trusts (MREITs) were launched in 2005 after REITs in general hit the stock markets in Japan, Hong Kong and Singapore. Within a year 10 REITs were launched, one repackaged with another two oldies remaining, making up 11 REITs. Before the global financial turmoil in 2008, the MREITs performed predictably well, yielding 6% to 7% dividend returns with marginal growth in share premium. By end-2008, along with the rest of the equities market, the MREITs took a severe beating from which they have hardly recovered. Menara Axis in Petaling Jaya Some salient points of the MREITs are worth noting. ÃÆ' ¢-   REITS share prices have declined substantially. The MREITs today show a substantial discount to the net asset values (NAV) of the assets underlying the REITs, ranging from 23% to 39% (as shown in Table 1). The property market, in general, has not shown such drastic changes in values over 2007. Although the asset base of the MREITs has increased, much of this is due to the injection of new and additional assets and not because of increases in asset values or appreciation in values.The peculiar nature of this phenomenon is because of the nature of the REITs. ÃÆ' ¢-   on a down market, REITS show equity tendencies, on an up market, REITS show bond tendencies. Much research has been carried out by academics as to the behaviour of REITs. The research has been inconclusive. It will appear, from the little information and research that can be done in Malaysia, that MREITs have a tendency to behave like an equity in a down market, that is, if the stock market declines the MREITs will also follow suit, irregardless of the stability, or otherwise of the underlying asset. However, in an upswing, the fixed nature of the income and the inability of the underlying asset to react quickly force the MREITs to behave like a fixed-income instrument, like a bond. This phenomenon would explain why the MREITs are now selling at a discount to the NAV. ÃÆ' ¢-   Income to continue at current levels. It is anticipated that the current income of the MREITs will continue at current levels and may not be affected by the general downturn. Almost all the MREITs were launched before 2007; therefore the rents underpinning their income were at 2006 and 2005 levels. It is believed that these re nts are sustainable and the majority of MREITs did not increase the rental levels to the high levels reached in 2007. Hence, the income and the dividend flow is expected to continue. ÃÆ' ¢-   Sale and leasebacks will continue to perform better. Another reason the income will be sustainable is because a number of MREITs has secured guaranteed returns on a sale-and-leaseback basis. Therefore, the downturn in the market is shielded. ÃÆ' ¢-   Yields have increased tremendously. The sustainable income, coupled with the decline in the net asset value, has boosted dividend yields to between 6% and 14%. Table 1 explains the dividend yield position of the MREITs in January 2009. These returns show, on average, an increase of 50% over the previous yields. ÃÆ' ¢-   Singapore yields even higher due to a sharper drop in REITS pricing. The sharper corrections to the equities market and the more prominent impact of the economy has affected the Singap ore REITs, pushing prices down and, thus, increasing yields. Some REITs are giving yields in excess of 25% in Singapore. ÃÆ' ¢-   Injection of new assets will face yield disparities. The yield disparities have affected the injection of new assets into existing REITs. Most real estate pricings and rental incomes fall between 6% and 8% for commercial properties. When current yields are in excess of these returns, REIT sponsors will be unable to inject new assets at below the dividend yields. ÃÆ' ¢-   Opportunities for acquisition of better quality asset. However, the current downturn can also provide wonderful opportunities for the acquisition of better quality assets and a more competitive pricing of the real estate. ÃÆ' ¢-   Refinancing. Financing for REITs has been different from normal financing. As the requirement is for the income to be distributed, almost all the MREITs have been servicing only the interest component of the loan; there is no repayment, partially or otherwise of the loan. This, coupled with the lower negotiated interest rates regime, has helped the MREITs to declare a higher dividend than the yields from the underlying asset. In view of the reduced interest rates currently being considered by the financial institutions, it might be easier to get a lower interest rate. The MREITs appear to have weathered the financial storm well as the discounts to the net asset value is manageable and not as severe as in other countries. Added to that is the sustainable income from the rents. It would appear, therefore, that MREIT yields will be maintained and the downside risks are manageable. RISK AND FUTURE PROPECT FUTURE PROSPECT AND PROBLEM Many countries are currently preparing their own REIT legislation to be introduced. Among the new entries are the Philippines, Indonesia, China, Pakistan and India. REIT legislation is already in place in Malaysia, Singapore, Australia, Japan, Korea, Hong Kong and Thailand. Countries where REIT legislation is not present have encouraged property owners there to consider listings in other bourses where such legislation exists. Examples are Ascendas India and CapitaLand China Mall Trust listed on Singapore Exchange Ltd. Future growth areas will be in high growth markets such as India and China where there is a huge amount of high grade unlisted real estate which could get securitised once their REIT legislation is in place. Asians who likes to own properties will discover that REITs are the best form of a liquid proxy to physical properties. REIT is still an overlook investment by the market because REIT is a conservative investment. REIT didnt fluctuate much in price over days. Therefore, investors tend to forget it. Bear in mind that, property will appreciate in times and so the REIT. Now, they are 11 REITs listed on Bursa Malaysia and another 2 more will be added in next year, SunCity and CapitaLand.  Ãƒâ€š Don’t waste time! Our writers will create an original "An Evaluation Of Real Estate Investment Trusts Finance Essay" essay for you Create order

Natural Resources and Energy in the Rainforests - 1550 Words

Natural Resources and Energy in the Rainforests The beauty, majesty, and timelessness of a primary rainforest is indescribable. It is impossible to capture on film, to describe in words, or to explain to those who have never had the awe-inspiring experience of standing in the heart of a primary rainforest. Rainforests have evolved over millions of years to turn into the incredibly complex environments they are today. Rainforests represent a store of living and breathing renewable natural resources that for eons, by virtue of their richness in both animal and plant species, have contributed a wealth of resources for the survival and well-being of humankind. These resources have included basic food supplies, clothing, shelter, fuel, spices,†¦show more content†¦Ã¢â‚¬ ¢ A single rainforest reserve in Peru is home to more species of birds than are found in the entire United States. †¢ One single tree in Peru was found to harbor forty-three different species of ants - a total that approximates the entire number of ant species in the British Isles. †¢ The number of species of fish in the Amazon exceeds the number found in the entire Atlantic Ocean. The biodiversity of the tropical rainforest is so immense that less than 1 percent of its millions of species have been studied by scientists for their active constituents and their possible uses. When an acre of tropical rainforest is lost, the impact on the number of plant and animal species lost and their possible uses is staggering. Scientists estimate that we are losing more than 137 species of plants and animals every single day because of rainforest deforestation. 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Symbolism In The Great Gatsby Essay Example For Students

Symbolism In The Great Gatsby Essay The Great GatsbyThe Great Gatsby, by F. Scott Fitzgerald, contains many literary devices. One of such devices is characterization, the authors method of describing characters. In this novel, the author creates many of the characters to be superficial. Through their actions, comments, and descriptions, Fitzgerald gives the reader an idea of the characters. One such character proves to be Daisy. Although she had fallen in love with Gatsby when she first met him, when he was at war she quickly wanted something to shape her life. Because of the wealth and lifestyle involved, she chose Tom Buchanan as her husband. Later, we see that Daisy still loves Gatsby, and cheats on Tom because of this. This act shows that she is disloyal and shallow. Daisy believes that she can go on with life however she wants and not have to worry about those she affects. She was the driver of the car and killed Myrtle, yet she let Gatsby die because of his love for her. Daisy abused Gatsbys emotions, and then left the area with Tom to get away from the destruction they caused. These are ways in which Daisy proved to be a superficial character. Another character who displays such qualities is Daisys husband, Tom. Tom is even more dishonest than Daisy, a notion that begins taking shape with the discovery of Toms girl in the city. Tom proves to be a man of little morals. Although he confronts Daisy about morals in her relationship with Gatsby, Tom has his own woman on the side. Also, he lets this fact be known by others as though it does not bother him, an exposing of his nature. Later, after Myrtle is killed in the accident, Tom shows sadness, but not remorse. Tom then instructs George to murder Gatsby, an act that comes more from a heart seeking revenge for Daisy than for Myrtle. In the wake of both of these events, Tom gets together his family and goes away to avoid the mess he made. These actions make the superficial nature of Tom obvious. Throughout The Great Gatsby the reader uncovers many different types of characters, many similar. One of the most common traits is that of being and acting superficial. This behavior was made prevalent by both Daisy and

Balkan Nationalism as WWI cause essays

Balkan Nationalism as WWI cause essays Nationalism is an infantile disease. It is the measles of mankind,- Albert Einstein. Over the course of humanitys march out of the East and into the west, the Balkan Peninsula has been a crossroads of political, cultural, and artistic developments. The Balkans, much like the other regions of Europe during the turn of the twentieth century, were experiencing strong nationalistic ideologies. Nationalism in this scenario would be defined as the desire for people to be ruled by themselves. For the Balkans this meant the expulsion of all foreign presence. Tensions caused mainly by nationalism in the Balkans between 1870 and 1914 contributed to the beginning of the first World War because of the chain reactions that occurred after the assassination of the Archduke Franze Ferdinand. A rise in military power in Europe began after 1870. Germany had taken the territory of Alsace-Lorraine from the French in the Franco-Prussian war. Due to their quick and embarrassing loss in the war, and concerns about another German attack, France began to build up their military and place strong fortresses on the German border. Frances military building would foreshadow the arms race Europe would see. In 1890 Bismarck was dismissed as Chancellor of Germany by a naive Kaiser Wilhelm II. Wilhelm wanted to expand the German navy and began so by building a fleet of battleships. Britain attempted to maintain twice the navy of its enemys; hence they began to build as well. In 1906 Britain developed the HMS Dreadnaught, a new battleship, which was capable of the speed of 21 knots. The navy was not the only part growing. Weaponry advanced, submarines and airplanes appeared, and Europes military count was at its peak. The arms race left a frustrated continent on the edge and trigger happy. Bismarcks absence changed the alliance of Europe. Kaiser Wilhelm II refused to renew the Reinsurance Treaty with Russia. Russia did not wa...

The one and only anxiety essays

The one and only anxiety essays As you take a role as a student, you will have some worrisome along your education path. Its can be either positive or negative worrisome. Its up to you to determine and to overcome it. As a student, the one thing I am worried about is losing my lifeguard job because I will not be able to do several things. First, I cannot pay for the full credit tuition. Financial aid only pay 25% of the tuition, I still need to pay the rest. I want to take a full credits in every semesters. If I lose my job, I cannot take full credits in a semester, it would slow down my education. Secondly, I would not be able to help out my family to pay the bills. The 25% of my paycheck goes to the bills. If I ever get fired, my parents have to work extra hard and its hurt me inside, seeing them working more hours when they are old. Last, I will not have money to pay for the miscellaneous expenses. College has a lot of expenses a student has to pay. For example, I need to pay for foods and books. I spend 10 dollars every week on foods. Sometimes, I spend on books that will prepared for my tests. If I stop working, I will not have money to eat or buy books. I will not ask my parents because I will feel bad, I am an adult now, I cannot ask my parents for money. Overall, losing my job is the biggest worry in my mind as a student. I must keep my job, in order to do that, I have to do my job responsibilities correctly. ...

Women status in islam Essay Example | Topics and Well Written Essays - 1500 words

Women status in islam - Essay Example But this status is not enough for the modern world. Before the advent of Islam, women were treated in a derogatory manner. They were considered mainly as possessions that could be transferred from father to son as inheritance. There was also a prevalent custom where women were burned alive as infants since every family wanted a man rather than a woman. With the emergence of Islam, women got an improved status within the society and thus practices were severely looked down upon. Women were no longer considered as possessions but rather as partners in a marriage. Islam ensured the women were treated with due respect and kindness. In this regard, Prophet (PBUH) is reported to have said: The Prophet Muhammad (PBUH) on various occasions highlighted on the status of women. He preached that Muslim men should treat their women with respect and kindness. His attitude towards his wife is a testimony of his preaching. Prophet Muhammad (PBUH) married various time for different reasons and in every case, he treated his wives very kindly. None of his wives ever used a negative comment regarding the Prophet (PBUH) and always referred to him the most praiseworthy manner. Before embarking on the argument of equality between men and women, it should be understood that equality does not mean that these genders should be considered same. They lie of different ends of the spectrum and thus both these genders have their own status. Islam has not made men superior over women; it just provides a clear distinction of the role of the men and women. While men are the breadwinners of the household, women are required to look after the household. The equality between men and women can be judged from a quote that Holy Prophet (PBUH) is reported to have said: ‘All people are equal, as the teeth of a comb. There is no claim of merit of an Arab and non-Arab, or a white over a black person or a male over a

Wine Industry Essay Example | Topics and Well Written Essays - 4250 words

Wine Industry - Essay Example Among the new player is the New Zealand Wine Industry, even though it has a low base in 1980s at just about 4.5 million dollars in export, now it has exceeded it initial targets by 50%. The New Zealand Wine Industry was dominated by four major players that account for almost 80% of all exports and 16% is accounted from the 17 medium sized wineries. Almost all these wineries export a third of their production volume. One of this medium sized winery is the Coopers Creek (Case Study, 2001). Coopers Creek was established by Andrew and Cynthia Hendry in 1980. Andrew being a former worker in a wine company and Cynthia on pate making venture proved to be a right combination. The winery is located between the Huapai and Kumeu region in northwest Auckland that includes a four hectare vineyard. The company was formed with the partnership of its first winemaker, Randy Weaver and vintage and soon after the first label was introduced to the market (www.cooperscreek.com.nz/history.html). The company was arranged in a way that the winemaker, Andrew and the shareholders, made up mostly of grape growers, share a third of the company. He intentionally wanted the winemaker to be a part owner to have a more hands on approach in wine making at the same time joins in major decisions awaiting the company. The growers on the other hand wanted to be paid the highest price for its grape but at the same time as shareholders, they wanted to bargain for lower prices. That is why, as profits were generated, Andrew bought the share of the growers because it became difficult for them to play on both sides. Just after two years, the first Coopers Creek vintage was produced and soon after that the first label was introduced in the local market (Case Study, 2001) . After acquisition of additional vineyards and a new winemaker after Randy returned to the US, Kim Crawford the company continued to explore additional markets. It is their primary objective to grow the grapes where they grow best for best grapes are reflected in their wines. Coopers Creek was then considered to be one of the successful medium-sized winery of the decade and at the same time an 'Award for Excellence in Exporting' was received by the company in 1997. Now, at almost 20 years, the winery is still developing ways to improve its products with its new winemaker Simon Nunns. A steady increase in its production volume was observed in order to meet the local and international demand of its products (www.cooperscreek.com.nz/history.html). Business Background One of the initial strategies utilised by Hendrey was establishing collaboration between local competitors in the west Auckland area. It was during one of his visit in Australia that he observed the collaboration of some Australian wineries locally and he wanted to try the idea in New Zealand. The group regularly meets to decide their next move. They initially formed a joint advertising and promotion relationship with each other that they arranged special tours, special wines and music at each vineyard as part of their marketing strategy. They also collaborate on wine tasting when introducing new wines and labels. As the success of their collaboration on the marketing initiatives was felt, they also decided to collaborate also

Immanuel Kant Essay Example for Free

Immanuel Kant Essay Deontological Theory The deontological theory state that the consequences or outcomes of actions are not important, what actually matter is that the actions are morally justified. For example drunken driving is wrong, now if a person argues that he safely navigated his way back home and for that reason he/she should not be held accountable by law, they are wrong because their action was wrong in the first place and was breaking the basic principle for morally correct behaviour that a person should not drive while being drunk. The contribution of Immanuel Kant towards development of Deontological theory Immanuel Kant proposes that in taking a decision â€Å"Duty† carries the foremost importance. Kant is of the view that a person’s actions will only be regarded as morally and ethically correct when they are taken keeping in mind the sense of duty and responsibility in mind. Teleological Ethical Theory The teleological ethical theory put the primary focus on the â€Å"Consequences† i. e. â€Å"What are those actions that produce the best possible results†? Along with attaching importance to the consequences the teleological theory also suggests that the decisions framework that is developed for achieving the desired consequences should also be managed with care. Consequentialist Theory According to the â€Å"Consequentiality Theory†, the basis for determining how moral a person’s actions are the consequences. The consequences of actions can be good or bad, and they can be damaging or favourable. The contribution of Jeremy Bentham towards development of a person’s actions can be a classified as good or bad depending on what consequences the action has produced. According to Bentham’s opinion the good things are classified as â€Å"pleasure† and the bad ones as â€Å"pain†.1. 2 Absolute ethics has only two sides: Something is good or bad, black or white. Some examples in police ethics would be unethical behaviours such as bribery, extortion, excessive force, and perjury, which nearly everyone would agree are unacceptable behaviours by the police. Relative ethics is more complicated and can have a multitude of sides with varying shades of gray. What is considered ethical behaviour by one person may be deemed highly unethical by someone else. The Absolutist theory is the theory that certain things are right or wrong from an objective point of view and cannot change according to culture. Certain actions are intrinsically right or wrong, which means they are right or wrong in themselves. This is also known as deontological. The relativist theory is the theory that there are no universally valid moral principles. All principles and values are relative to a particular culture or age. Ethical relativism means that there is no such thing as good â€Å"in itself†, but if and action seems good to you and bad to me, that is it, and there is no objective basis for us to discover the truth. This theory is also known as teleological. An example of an absolutist ethical system would be if a single mother with a very young child had no money and therefore no food to feed the child, and she stole some food from the shop and the mother was caught and had a trial, an absolutist would argue that its morally wrong to steal and should suffer the consequences of the crime. They don’t take into account the situation the person might be in and use an absolute law. However, this is in contrast to the alternative ethical system, called â€Å"relativist†, because this system is really the complete opposite. Again I’ll use the same example as I did for absolutist. If a relativist was looking at this they would take into consideration the situation the woman might be in and empathize with her and try to find an outcome that is the most fair. One reason to support the absolutist approach as the only defensible approach is that it provides justification for acting which means that morality seems to demand some sort of obligation. If there’s a fixed moral code then there is no obligation to act in a way. Another strength is that it gives clear guidelines, which basically means the rules are fixed and clear to apply. 1. 3 Ethics refers to a prescribed or accepted code of conduct. Ethical issues are a set of moral values that need to be addressed while carrying out business. Businesses operate in a society that is structured around moral values. Therefore, when conducting its operations, a business has certain responsibilities which are to provide the society with quality goods and services that will improve the people’s living standards. In order to survive, a business needs to maintain its customers. Product packaging is one way of ensuring a business maintains its existing customers and also acquire new customers. Some companies are known to allow underweight packaging of products which are then highly priced and this is a rude way of increasing profits. However this negative trend will affect the business in the long run as customers will eventually come to learn that they are being swindled. In an attempt to boost sales, some businessmen adapt promotional methods that mislead customers as the message conveyed may not give the exact details of the product. Businesses should desist from increasing prices without valid reasons. In doing so, they will be taking advantage of the customer and this is unethical. Businessmen should also desist from taking part in corrupt practices such as selling low standard goods while bribing government officials in order to continue operating. Entrepreneurs should consider the effects of their activities on the society they serve. In the long run, wrong dealings and corruption will tarnish the image of the business and have a negative effect on sales. Business people ought to comply with the law requirements and observe laid down principles of morality in their dealings. They should seriously consider expectations of the community they serve. (http://www. lawrencegmcdonald. com).

Civil War Essay -- American History Civil War

Abraham Lincoln once stated, "A House divided against itself cannot stand. I Believe this government cannot endure, permanently half slave and half free. I do not expect the house to fall. But I do expect it will cease to be divided. It will become all one thing, or all the other". More than anything else, differing interpretations about the Civil War drove the debate over the meaning of the Constitution and of the Union. These were, of course, not new issues. Indeed, as Professor Joseph Ellis has noted in Founding Brothers: the Revolutionary Generation both had been on the minds of the delegates to Philadelphia in 1787. And, significantly, they were considered so controversial that neither the word "slavery" nor the word "nation" appeared in the Constitution. In the late 1800's the Southern states began to slowly secede from the Union on grounds that the federal government was limiting their rights, such as the right to own and regulate slaves, which were at that time considered to be property (Monk 208). Slavery was the South's main reason for secession, among other things. The South also, at that time, chose to remain an agricultural region; therefore, it had strong reasons for seeing that slavery, as an institution, continued without limits or interference. At the same time that all of this angst was going on, the Supreme Court was being appointed a case that would add even more fuel to the alread y raging fire. The Dred Scott Decision of 1856 gave yet another argument to this long debate about the issue of slavery between the North and the South. The case itself would not have reached the Supreme Court in the first place had it not been for the fact that slavery and its extension into new territories had become such a continu... ...from the beginning. In contemplation of universal law and of the Constitution, the Union of these states is perpetual, or everlasting (Lincoln's Inaugural Address). Abraham Lincoln stated in his Inaugural Address of 1860 that, " Perpetuity is implied, if not expressed, in the fundamental law of all national governments. It is safe to say that no proper government ever had a provision in its organic law for its own termination" (Lincoln's Inaugural Address). I agree with Lincoln's theory because if the framers created the Constitution with provisions for its own termination, then they would have implied that there would need to be necessary cause for such an action. No Union would create a constitution implying temporary unity (Ward 34). Lincoln's words and theory of a perpetual union explains the fundamental statement "no state has the right to secede from the Union."

Mint Lube Case Study

Banin Akif MBA – I Seat # 7049 Operations Management CASE STUDY (MINIT-LUBE INC. ) Q. 1What constitutes the mission of Minit-Lube? Ans:The mission statement for Minit-Lube can be derived as followed: Our Mission: To provide fast, reliable and superior services in a customer friendly environment while ensuring lowest possible fares. Q. 2How does the Minit-Lube operation strategy provide competitive advantage? Ans:Minit-Lube operations strategy provides the organization advantage over its competitors in the following ways: Services Design: Minit-Lube has a superior service design as it provides fast oil-change, interior cleaning and lubrications services to 3 cars at a time. – Quality management: Quality exceeds normal standards as all employees are neatly dressed and fully trained from minit-lube school. – Process: Efficient use of human resource enables fast service provision as three workers simultaneously work on a car to provide oil-change services. – L ocation: Spotless environment provides customer a refreshing feeling. – Layout design: Minit-Lube layout supports process focused ‘job shop’ practice which maximizes the efficiency and quality. – Human Resource: Well trained staff graduated from minit-lube school, ensuring cost effectiveness by building good customer relationships and providing speedy and accurate service. Each individual specializes in its own work enabling the maximum level of service. – Scheduling: Service providedin least possible time frame with use of efficient human resource in order to meet customer schedules. – Maintenance: Minit-Lube provides reliable maintenance solutions because of their trained staff and superior operations management. Q. 3 Is it likely that Minit-Lube has increased productivity over its more traditional competitors? Why? How would we measure productivity in this industry? Ans:Minit-Lube increased productivity over its traditional competitors in the following ways: – Well trained/educated labor: labor plays a vital role in productivity and as employees of minit-lube are both well educated and trained, they increase the productivity of the organization. More Output in lesser time: As compared to its competitors, at minit-lube the car comes in and goes out in only 10 mins which significantly increases the output and therefore, productivity. Also, providing service to 3 cars simultaneously also enhances the productivity if the competitors are servicing less than 3 cars keeping all other factors constant. Productivity= Output____ Input = No. of cars serviced in an hour____ Labor hours put in by the team

The Effects Of Employment Status At 2 Years Post...

â€Å"Predicting Employment Status at 2 Years’ Post-discharge From Spinal Cord Injury Rehabilitation† is a research article written by Gregory C. Murphy, James Middleton, Ruth Quirk, Annelies De Wolf, and Ian D. Cameron published by Rehabilitation Psychology. This essay summarizes the investigation on the prediction of employment status at 2 years’ post discharge from spinal cord injury rehabilitation by analyzing information in order to establish facts and reach a result. It explains how the information from this research article can be applied to the rehabilitation counseling professional, and it identifies points discussed in class as it relates to the research article. Article Review This research article sets out to examine the after-†¦show more content†¦The ages of the seventy- two participant ranged from 35-14, 58 males and 14 females. Lesion level or Level of injury were: 42 Tetraplegia or quadriplegia and 30 Paraplegia or impairment in motor or sensory function of the lower extremities. ASIA grade is a scale used to measure the level of impairment as shown in Table 1: 41 ASIA A, 6 ASIA B, 7 ASIA C, 18 ASIA D, and education: 32 Elementary or incomplete high school, 11 High School, 12 University/ college (Incomplete), and 17 University/ college (completed). The procedure used to collect information for the research study is a survey and the techniques used were interview and questionnaire. An interview is when questions are posed to an individual to obtain information (What Is Survey Research? - Definition, Methods Types, n.d.). A questionnaire is a series of written questions a participant answers (What Is Survey Research? - Definition, Met hods Types, n.d.). Follow- up questionnaires were administered to participant face- to- face and participants who were living long distance were interviewed by telephone. Table 1 The ASIA (American Spinal Injury Association) impairment scale Category Definition A = Complete No motor or sensory function is preserved in the sacral segments S4-S5 B = Incomplete Sensory but not motor function is preserved below the neurological level and includes the sacral segments S4-S5 C = Incomplete Motor function is preserved below the neurological level,Show MoreRelatedMedicare Policy Analysis447966 Words   |  1792 PagesSenate and House of Representa- 2 tives of the United States of America in Congress assembled, 3 SECTION 1. SHORT TITLE; TABLE OF DIVISIONS, TITLES, rmajette on DSK29S0YB1PROD with BILLS 4 5 AND SUBTITLES. (a) SHORT TITLE.—This Act may be cited as the 6 ‘‘Affordable Health Care for America Act’’. VerDate Nov 24 2008 12:56 Oct 30, 2009 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3962.IH H3962 2 1 2 (b) TABLE TITLES.—This OF