History Of The World Trade Center Term Paper Example | Topics and Well Written Essays - 2500 words

History Of The World Trade Center - Term Paper Example Architect of the WTC 3. Design of the WTC 4. Construction of the WTC 5. Location of the WTC 6. Technology used in the WTC 7. Main purpose of the WTC 8. The last day in the history of the WTC 1. Situation of New York City in the 1960s. The first plans for the building of a complex for international trade and finance were hatched in the aftermath of World War 2. The New York State Legislature gave permission for a â€Å"vast trade, commercial, hotel and convention facility that would complement the international center of finance that Wall Street had become† (Fernandez, 2012, pp. 5-6). The United States had intervened in Europe and the Far East to contribute substantial economic and military aid to its allies, and this was the last indication in a long list of developments, that the colonial days were over, and America was a strong and stable state, ready to take a lead in world affairs. The United States of America was starting to experience some economic boom years and this he lped to provide the funding for civic developments that had been missing in the years between the wars. Industrialization in America had happened extremely quickly and advances in science and technology were giving American products the edge in world markets. Added to this, there were still streams of well qualified immigrants ready to give the economy an extra boost. There was a property boom in the 1960s which favored large building projects, especially those which undertook to renovate brown field sites and create jobs. New York itself was very crowded, but there was ample opportunity in the former docks areas to tear down old stock and make way for progress. The early 1960s was a period of optimism in the United States, and this helped to foster a climate of enterprise and adventure. In the arts, iconoclastic forms were all the rage, and in architecture the rigid forms of modernism were giving way to more playful postmodern ideas. It was a time of change, and this was exactly th e right moment for a monumental vision like the World Trade Center to finally come to fruition. 2. Architect of the World Trade Center. The man who was chosen to as the main designer of the World Trade Center was architect Minoru Yamasaki. He was born in 1912 to immigrant Japanese parents in the Seattle area where he went to school at Garfield High School. His parents were not wealthy, and he had to work hard to achieve his ambition, studying maths and science and doing well enough to be accepted to study architecture. It is reported that he suffered from some anti-Japanese prejudice, and he even worked in an Alaskan salmon cannery to help fun his studies at Washington University (Flowers, p. 178) Yamasaki’s later career continued with designs in the Seattle area that include the Pacific Science Center, the IBM Building and the Rainier Bank Tower. (Olson, 2012). He also produced internationally renowned designs in other countries too, including Saudi Arabia and Japan. With re spect to his design of the World Trade Center, Yamasaki was conscious of the international dimensions of the building, and the role that the United States plays in the modern world. He is quoted as saying â€Å"World Trade means world peace. The World Trade Center should, because of its importance, become a representation of man’s belief in humanity, his need for individual dignity, his beliefs in the cooperation of men, and through cooperation, his ability to

Racial Profiling versus Behavioral Profiling Research Paper

Racial Profiling versus Behavioral Profiling - Research Paper Example In today’s digital age, millions of profiles are floating around the Internet detailing the intimate details of individuals for the entire world to see. In short, there are many reasons why profiles are in existence today. Profiling has since taken on a deeper and more potent use for law enforcement personnel around the world, but particularly in the United States. Due to recent violent and tumultuous tragedies, including international and domestic instances of terrorism, racial and behavioral profiling has become the norm by which certain individuals are targeted as potential threats. Some would argue the ability to identify potential threats to human society, regardless if they are proven or not, is a highly useful tool that law enforcement personnel have to choice but to employ. Others would argue that they should never be targeted simply because of their race or their propensity to behave in a certain way, regardless of the actions they might be profiled to have the potent ial to commit. This paper will look at two main types of criminal profiling in use today, racial and behavioral, and weigh the arguments for and against the continued deployment of the technique. In the end, a solid conclusion will be reached as to the potential advantages and disadvantages of each moving forward. Racial Profiling Explained Simply put, racial profiling is term used to described that process by which an individual or public agency, typically law enforcement personnel, look at the race of ethnicity of an individual and use that as a primary determinant when deciding whether or not to question the person further (Bou-Habib, 2011, p. 33). The use of racial profiling is most commonly employed in the United States when making traffic stops or in making an arrest. Needless to say, racial profiling has become quite controversial, even prompting many localities to declare the practice illegal. There are strong voices on both sides of issues who either claim the practice of r acial profiling is beneficial to society or that it pushes society back to pre Civil Rights era human rights violations. Through the years, multiple definitions have been presented to describe racial profiling in an attempt either to validate its use, or to demonize it. As mentioned, the most commonly held belief is that racial profiling is used by law enforcement to determine if a particular individual may have been involved in a crime. This determination is made on the basis of a person’s race, ethnicity, or national origin. When compared to recent crime statistics in the area, an individual may be targeted by police on the basis of these characteristics alone (Higgins, 2008, p. 2). When using racial profiling in this manner, law enforcement do not consider the actual behavior of the individual in determining whether or not to question and suspect them of a crime. Some consider racial profiling to be an inappropriate use of power. This viewpoint takes the position that poli ce who use such profiling tactics are racially biased and use the race and ethnicity of an individual as the sole determining factor when deciding to intervene and question an individual. They argue that since the behavior of the person was not called into question, the very fact that the individual is being targeted is paramount to racial injustice and that the practice should immediately cease to exist (Higgins, 2008, p

The case study of FoxConn Essay Example | Topics and Well Written Essays - 2000 words

The case study of FoxConn - Essay Example In recent times, Foxconn has hit headlines for the right and wrong reasons. This paper is a case study analysis of Foxconn of the company’s compliance with the Principles of the UN Global Compact in a wide range of areas such as human rights, labor rights, environment, and anti-corruption. In terms of upholding human rights, the company has failed miserably. This is because it is has been widely reported that a number of serial suicides have happened in its factories both in Taiwan and China. However, most the information collected by independent sources indicates that the deaths have mainly occurred in the Shenzhen factories (Noronha 2013). The independent sources include media reports and independent investigation reports from various non-governmental organizations. These reports delved into the living and working conditions of the employees, health and safety, compensation, working hours, and workers’ communication with management. According to news reports, a total of 18 deaths were reported from January to November 2010 in Foxconn’s Shenzhen factories. These events amounted to abuse of human rights and they raised wide public concern about working conditions in Foxconn’s factories. In recent times, the company has been labeled as a sweatshop. In addition, the company has earned a toxic reputation for the militaristic labor discipline in its gargantuan factories. The extent to which the company has registered a string of deaths among its workers has focused international scrutiny on its Longhua factory campus in Shenzhen, which has an army of 400,000 employees. A majority of these employees are migrant youths from China’s hinterland (Mullally 2015). The deaths that occurred between 2009 and 2010 and dozens of others narrowly averted are often considered to be as a result of the brutal labor conditions, heightened by an oppressive desire brought on by the sharp market

Exam Essay Example | Topics and Well Written Essays - 1500 words - 1

Exam - Essay Example weighted-average cost of capital for a firm with the following sources of funds and corresponding required rates of return: $5 million common stock at 16 percent, $500,000 preferred stock at 10 percent, and $3 million debt at 9 percent. All amounts are listed at market values and the firms tax rate is 35 percent. 3- Firms A and B intend to merge and Firm A has calculated the NPV of the merger to be $2 million after paying $8 million for Firm B. If Firm A had a pre-merger value of $10 million and Firm B had a pre-merger value of $6 million, calculate the value of the merged entity, as well as the cost of the merger. 4- Circular File stock is selling for $25 a share. You see that call options on the stock with exercise price of $20 are selling at $3. What should you do? What will happen to the option price as investors identify this opportunity? Then you observe that put options on Circular File with exercise price $30 are selling for $4. What should you do? In the first case, I will be exercising the call option since it gives me the intrinsic benefit of $2 ($25 - $20 - $3). My total cost of the stock would be $23 however; I will still earn benefit of $2 as compared to market where the stock is selling at $25. When other investors would see this opportunity, there are two possibilities to happen. Firstly, the current share price is likely to reduce to $23 or secondly, the value of call option may increase to $5. In case of put option, I will be exercising the put option as it will allow me to generate the intrinsic benefit of $1 ($30 - $25 - $4). I would be purchasing the stock at a total cost of $29 i.e. $25 current price plus $4 the value of put option. I would then be selling the stock at $30, which would earn me $1

Computer Virus Charges Sought Assignment Example | Topics and Well Written Essays - 250 words

Computer Virus Charges Sought - Assignment Example 3. The I Love You Virus, as one of the first major viruses since the internet exploded in the late 90s and early 2000s shook people’s faith in the internet as a secure place. It also taught users that they had to be very careful of attacks that take advantage of their emotional states (by encouraging them to click/download something in order to cause a virus on their computer), such as the â€Å"I love you† message or other questionable content.   4. Guzman did not face any direct punishment for his crimes. Though Pilipino authorities tried to charge with a variety of crimes from theft to criminal mischief, none of the charges landed because of lack of evidence and the fact that the Pilipino criminal justice system was simply not set up to deal with cyber attacks. His name, however, will forever be associated with this virus and he will have a hard time finding employment in the future (Landler). I think that this punishment might fit the crime – it’s impossible for someone to make reparations for billions of dollars worth of damages, and people need to take some responsibility for their own internet behavior. If Guzman didn’t do this, someone else would have.   

CONTEMPORARY CORPORATE GOVERNANCE ISSUES Essay Example | Topics and Well Written Essays - 2500 words

CONTEMPORARY CORPORATE GOVERNANCE ISSUES - Essay Example It is an institutional arrangement for various corporate participants having direct or indirect interests in corporation like shareholders, managers/directors, creditors, customers, suppliers, employees, local communities, general public and government (Figure 1). Figure 1: Corporate Governance Relationships Source: (Letza, Sun & Kirkbride, 2004, p.243) The importance of corporate governance in 21st century has been highlight by series of corporate frauds like Enron, WorldCom and Tyco whose managers engaged in illegal reporting leading to loss of shareholder wealth. As shareholders in many countries are absentee owners and managers have the control and power over the organization’s activities, these managers can place their own interest before the interests of shareholders, therefore generating the principal-agent conflict. There are certain views regarding the convergence of corporate governance systems however such possibility is least likely to happen due to difference in c orporate culture and ownership structures. In recent years many influential proposals have been made in UK regarding corporate governance such as Higgs 2003, Turnbull Committee 1999, Hampel Committee 1998, Greenbury Committee 1995 etc (Letza, Sun & Kirkbride, 2004, p.242). The legislative strategies place importance to the need of a single governance structure for the corporate world. However no single model of corporate governance has worked at all times. Presently there are four main perspectives on corporate governance that are discussed in the following sections. The Principal-Agent Model Considering a sole-proprietorship organization where the owner-manager is considering sale of a part of his interest to outsiders. As the owner-manager’s share will fall the incentive to... According to the research findings the field of corporate governance is relatively new to the theory of organization. Although the issues of corporate frauds, social irresponsibility and abuse of managerial power that have led to corporate governance mechanisms are not new to the corporate world. The corporate fraud case of Enron, WorldCom and Barings bank has made the investors realize the governance issues of ownership and control. However the theories which form the theoretical framework of corporate governance have not been fully developed to provide a uniform solution to address agency problems. Based on the review paper by Letza, Sun and Kirkbride on corporate governance this project has been an attempt to critically analyze the models of corporate governance which have been categorized into two perspectives- Shareholder and Stakeholder. These models have been the much debated due their different approach towards the governing mechanisms and the changing relationship of managem ent and shareholders and/or stakeholders. The principal-agent model has been the theoretical basis of the other three models however due to widely accepted flaw of equating wealth maximization with share price maximization has led economists to look beyond the shareholder wealth maximization objective. The myopic market model is similar to principal-agent model but is oriented more towards the internal mechanisms built on long-term relationship and corporate performance.

Students Talents and Potential Areas of Growth Essay

Students Talents and Potential Areas of Growth - Essay Example There are many colleges and universities that hand out scholarships on the basis of a child’s performance in sports. There are people who come from low-income families and hence do not have access to any kind of privileges related to education. Being active in sports opens up a lot of opportunities for the child. It is very necessary for a healthy growth of the children to be physically active and not being able to perform academically does not necessarily mean that the child is incapable of anything. Schools should be encouraged to have a defined syllabus, so as to make sure that they equip their students in a real way and properly rather than making them do selective studies. This sort of trend has recently emerged resulting in the increased test results of those schools who are teaching their children specifically for the tests (Smith, Fey, 2000). Here, it becomes evident that it is not at all necessary for the person to be intelligent and capable, but it shows that if the person strives then, he can for sure get what he desires. Therefore, the main factor behind this high score is none other than â€Å"MOTIVATION†. Motivation can be induced in any way either by offering some sort of monetary reward or it can be as simple as public recognition, or recognition among peers. Of course, a mentally challenged person will not be able to achieve it even with motivation, but an average person with a sound mind can easily achieve a good score with a little motivation. Many a time uninterested respondents do not even bother to go beyond a few questions or think (Salkind, 2002). It has been generally seen that people who belong to low-income strata or to areas with a lower economic growth score lower on the tests.