The Legacy of JP Morgan Essay example - 3014 Words

In 1871, the banking house of Drexel, Morgan Co. was established by John Pierpont Morgan. Twenty four years later it was renamed J.P. Morgan Co., which it was to remain until the firms purchase by Chase Manhattan in 2000. (Hughes 23) At this point, Chase Manhattan was the largest banking company in the United States. This was a far cry from the 1980s when Morgan boasted the largest market capitalization of any American bank and was more expensive to buy than Citicorp. (Hughes 11) While J.P. Morgan could not imagine the path banking would take in the U.S. with his passing in 1913; his banking house would have a strong hold on American banking for much of the 20th century. The introduction of bank holding companies and certain laws†¦show more content†¦Thus, from an early age, Pierponts life was scripted for a promising future in banking and business. Although Pierpont did follow the path laid before him, this was not the case for the majority of those born into the same c ircumstances. Pierponts generation of wealthy heirs often chose the easy life by simply living off the amassed fortunes of earlier generations. Others, such as the robber barons, accumulated wealth not through inheritance, but by working from the bottom to the top during the Gilded Age (Strouse, 129). Two men fitting a category of rags to riches, and of whom were also connected to Pierpont through business, were Andrew Carnegie and Thomas Alva Edison. In 1869, Junius Morgan became acquainted with Carnegie under the construction and financing of a steel railroad bridge across the Mississippi River. The bridge finally opened in 1874 as the St. Louis Bridge, but due to an ongoing mild depression in the economy, sparse rail traffic used the continental highway. The Morgans did not waiver in their support for Carnegie, but instead financed future bridges and rail systems as well. With a solid business relationship in tact, Pierpont and Carnegie collaborated again in 1901 to form the worlds largest corporation, U.S. Steel (Chambers, 44). Originally called the Carnegie Company, PierpontShow MoreRelatedProcter Gamble s Impact On The World1602 Words   |  7 Pagescoined it, individuals lost millions, companies lost billions and stock prices had essentially bottomed. According to the Financial Times, â€Å"†¦Procter Gamble s share price fell 37 percent at one point† (Legacy, 2013) and â€Å"shares in management consult ancy firm Accenture†¦dropped from $40 to 1 CENT† (Legacy, 2013). For these things to have happened, it is pretty obvious that something superhuman was at work. In this case, it was actually supercomputers. There is a method of stock trading known as AlgorithmicRead MoreThe most controversial case of fraud in history left more questions than answers. Bernard Madoff,1800 Words   |  8 PagesDealers Automated Quotation is the stock s largest electronics market in the United States and has more than 3,500 companies , for over 50 years became one of the most active investors and favorite of the rich Florida and Manhattan advisor. His legacy is a fraud of more than 50,000 million, affecting families , large financial institutions and charities have been cheated with so-called hedge funds are hedge funds that collectively makes traded and are held privately . Besides are not availableRead MoreCase Study : Chase Co Essay950 Words   |  4 Pages JPMorgan Chase Co. origins back to 1799 when it was firstly chartered in New York City. JPMorgan Chase Co. today encompasses more than 1,200 banks and credit institutions. As global economy leader, it’s most important firms — J.P. Morgan, Chase Manhattan, Chemical, Bank One, First Chicago, and National Bank of Detroit gave a solid contribution to the finance innovation and the growth of the United States and the rest of the world. Clients and Consumer JPMorgan Chase Co. is a financialRead MoreBehavioral Finance at Jpmorgan7541 Words   |  31 Pagesstored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of Harvard Business School. 207-084 Behavioral Finance at JP Morgan Competing asset managers used similar investing principles, but few had gone as far in embracing psychology and behavioral finance in the retail market. So far, JPMorgan’s approach had been successful. By the third quarter of 2006, total assetsRead MoreInvestment Banking Morgan Stanley5266 Words   |  22 PagesMorgan Stanley Team Paper Analysis Investment Banking December 15, 2009 By Table of Contents 1. Introduction 2. Company overview 3. History and Development of the company’s business development 4. Recent Business Developments 5. Mission and vision statement 5.1 Mission statement 5.2 Vision 6. Core business and services offered 7. Market analysis 1. Target market 2. Competitors 8. Financial analysis Read MoreIs Nuclear Energy Answer to the Energy Crisis by Albert You1571 Words   |  7 Pageschanges to managing the countrys nuclear legacy. The cost of the programme was estimated at  £43 billion last year but it has soared to  £47.9 billion. (2012). A further problem is that nuclear power plants must maintain higher standards of operational condition in case of the likelihood of potential safety loopholes of equipment in poor condition. In addition Employees, administration, and supplies cost a nuclear power plant $0.0137 per kWh on average in 2008.(Morgan J, 2010) Going back to the nuclear disasterRead MoreJp Morgan Chase Annual Report7479 Words   |  30 PagesMarket, Corporate Client Banking, Commercial Real Estate, Business Credit, Equipment Finance, Commercial Term Lending, Community Development.- and JPMorgan which is J.P. Morgan clients include the world s most prominent corporations, governments, wealthy individuals and institutional investors. These businesses use the  J.P. Morgan brand: Investment Bank, Asset Management, Treasury Services, Worldwide Securities Services, Private Banking, Private Client Services, One Equity Partners. The corporateRead MoreEli Lilly And Company Analysis Essay1377 Words   |  6 Pages1917 in France to assist wounded soldiers in World War I, and in 1937 created the Lilly Endowment which has given over $8.5 billion to charity since inception (Eli Lilly Company, 2015). 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History (overview) Morgan Stanley (MS) was foundedRead MoreQuantity And Portfolio Returns From Benchmark Index1169 Words   |  5 PagesMelbourne, six arterial networks throughout Sydney, (Hills M2, Lane Cove Tunnel, Cross City Tunnel, Eastern Distributor, West Link M7 M5 South West), five throughout Brisbane as of July 2014, (Gateway Motorway, Logan Motorway, CLEM7, Go Between Bridge Legacy Way), and two express lanes from Virginia in the United States of America. Transurban Limited previously held a 75% stake in the Virginian Pochahontas 895 highway. Transferral to a new provider occurred on 14th May 2014, (Transurban Limited, 2014

The War on Drugs is a War on the Poor Essay - 1265 Words

The â€Å"War on Drugs has been so terribly ineffective that it leads one to question its true motives. Even a dog can eventually learn from an electric fence, so why not the United States government? Is the goal really to curtail drug use, or is it to segregate society and vilify the disadvantaged? A combination of mandatory minimum sentencing and other unjust laws has led to an enormous rise in U.S. prison populations. Thanks to these laws, 60 percent of the federal prison population consisted of nonviolent drug offenders as of 1999. In 1997, about twice as many people were arrested for drug offenses as for violent crimes. As a result, the U.S. incarceration rate is now six to ten times higher than in most industrialized†¦show more content†¦According to the U.S. Department of Justice, African Americans comprise approximately 13 percent of the population and 13 percent of all drug users. Yet strangely enough, more than 55 percent of those convicted for drug offenses are African American. Indeed, the U.S. police and judicial forces in tandem maintain one of the oldest affirmative action policies in the country. This affirmative action policy ensures that a disproportionate number of blacks are convicted of drug crimes, despite the fact that their drug use is only average among the country as a whole. According to Human Rights Watch, these drug laws violate international human rights treaties because they have the effect of restricting rights on the basis of race. Facing accusation of human rights violations from abroad, one would expect our government to make some effort to curb such discrimination. But instead an even more stringent and discriminatory drug law was introduced last year. By the amendment to the Higher Education Act (HEA) of 1998, those convicted for drug use are barred from financial aid for a year. After two convictions, they are barred from aid for two years, and after three, they are barred permanently. This law was enforced on an honor system; students had to declare their convictions on financial aid forms. The law went into effect this past fall, and as a result, 7000 students lost theirShow MoreRelated America And The War On Drugs Essay1216 Words   |  5 PagesColumbia, when they have their own problems with drugs? The Untied States of America has a rather large drug trafficking problem but compared to Columbia it is fairly small. To help Columbia solve their problem the U.S. senate has decided to send troops over there and take control. This new involvement will have many consequences in and what can you make for instance the cost of a war, the loss and gain of jobs, and physical side effects. Now war is a very serious subject to study for sociologistsRead MoreDrug Addiction Is A Problem For Many Countries861 Words   |  4 Pages Drug addiction have been a problem for many countries. People lose their family, going into prison and even losing their life because of drug addiction. Countries like the United States have been working very hard on trying to prevent drug from importing to their countries illegally and they also open programs that prevent and treat people from using illegal drugs. Base on the Office of National Drug Control Policy the United States have spent 15billion dollar on drug prevention and treatmentRead MoreAmerican Drug War : The Last White Hope1245 Words   |  5 Pages American Drug War Essay Cultural Awareness CRIM103 21 Apr 2013 Danielle Walters / Ivy Tech Community College James Reed Synopsis I chose to watch a documentary called American Drug War: The Last White Hope, and do a little research on the war on drugs. The documentary I chose was very interesting. I learned several things about the war on drugs, as well as operations that have been swept under the rug. This documentary also provided some chilling statistics on deaths due to legal andRead MoreThe House I Live By Eugene Jarecki989 Words   |  4 Pagesa 1971 press conference, which the press immediately designates the â€Å"war on drugs†. The House I Live In is a superb film detailing Eugene Jarecki’s journey on an in-depth and all-encompassing view of the war on drugs, and the immense destruction left in its wake. It is necessary to gain a better understanding of how the war on drugs is significant to a 40-year class based destruction, failure of existing drug policies and drug elimination, and the ways fear plays a starring role in the genesis ofRead MoreThe American War On Drugs1598 Words   |   7 Pages The American â€Å"War on Drugs† war created to keep an exorbitant amount of people behind bars, and in a subservient status. First, America has a storied history when it comes to marijuana use. However, within the last 50 years legislation pertaining to drug use and punishment has increased significantly. In the modern era, especially hard times have hit minority communities thanks to these drug laws. While being unfairly targeted by drug laws and law enforcement, minorities in America are havingRead MoreTupac Song Analysis924 Words   |  4 Pagesits previous numbers, coming in at an estimated 3.14 million. With this in mind, Tupac starts the verse in the perspective of a poor Black person, fed up with the lack of progress in their society, and contemplating suicide. He Anastasia Soullier Orekoya 2 also emphasizes the harsh consequences of poverty, as Tupac goes further into the poor man’s thoughts, as the person is so hungry that he has to look for someone’s purse to rob so they can have the money to eat. ThisRead MoreThe Controversy Over The Drug War958 Words   |  4 Pagesbeen increasing trends of incarceration, specifically in relation to the use and possession of illegal drugs. In 2010, there were 1.6 million people arrested for drug related offenses, which is approximately 1 person every 19 seconds. The majority of the arrests, however, are for possession of small amounts and are minor offenses (Criminal Justice Fact Sheet, NAACP). The controversy over the drug war is the element of concentration in cities, consistently in underprivileged neighborhoods, resultingRead MoreThe New Jim Crow : A Civil Rights Lawyer Essay1365 Words   |  6 Pagesfighting the racial injustice in the U.S. criminal justice system and influences the public understanding about the War on Drugs and its devastating results for the entire nation. Eventually, Alexander calls for an end to the War on Drugs because â€Å"there is no path to Liberation for communities; who are permanen tly Blocked (barred) by law and custom from mainstream society† (13). This ongoing war† (220). She creates a high caliber of this crisis; by explaining contemporary mass incarceration as a kind ofRead MoreThe Impact Of Tajikistan On The United States Of The Soviet Union1589 Words   |  7 Pagesnation it was plunged very quickly in to civil war. The war led to a quick decline in the nation’s economy. This war crippled the nation leaving Tajikistan very weak in the June of 1997 when the war finally drew to a close. This civil war weakened Tajikistan’s legitimate economy and left many people to â€Å"rely on the revenues of illicit opiate trade†. Tajikistan is slowly recovering from the effects of becoming a new nation, plagued with war and drug problems early in its life, and this requires theRead MoreThe Problem Of The War On Drugs1638 Words   |  7 Pagesmost prosperous and corrupt industry of them all, prisons. Most people assume the â€Å"War on Drugs† was launched in response to the crisis cause by crack-cocaine in inner city neighborhoods. This view supports that racial disparities in drug convictions and sentences, as well as the rapid explosion of the prison population, reflect nothing more than the government’s zealous efforts to address rampant drug crime in poor, minority neighborhoods. This view while understandable, given the sensational media

Poem Introductions- Stories of Ourselves Cie Free Essays

Because I Could Not Stop for Death In â€Å"Because I Could Not Stop for Death,† the author is taken on a metaphorical â€Å"ride† past her entire life and to her end by a personified death. Symbolism, personification and alliteration are used to highlight the fact that she has come to accept fate as natural and is even happy with her new, â€Å"eternal,† life. My Parents Kept Me from Children Who Were Rough â€Å"My Parents Kept Me from Children Who Were Rough† tells of an author looking back on his life as a sheltered, high class boy that is harassed by the town’s â€Å"common kids. We will write a custom essay sample on Poem Introductions- Stories of Ourselves Cie or any similar topic only for you Order Now † He is abused both physically and emotionally while he, following higher class norms, ignores them. Similes, verbs in past tense, diction such as â€Å"kept† and symbolism help describe not only the situation but give insight on the boy’s true desire: acceptance. Attack â€Å"Attack† is a poem about fear, anxiety, uncertainty and danger. The author uses imagery, personification and onomatopoeia to paint a picture of war, describe the dangers as â€Å"alive† and out to get you and reflect the quick and crude sound of bombs and bullets. Anthem For Doomed Youth â€Å"Anthem For Doomed Youth† is a tragic depiction of the meaningless and devastating ends young soldiers meet in battle. Their deaths, unhonored, are blended into the overall war landscape of â€Å"stuttering rifles† and â€Å"angered guns.† Alliteration, personification and metaphors are used to illustrate a landscape filled with gun and bomb sounds and dangers that parallel the human condition during the war. My Dreams Are Of A Field Afar â€Å"My Dreams are of a field afar† is a song of guilt in which a man remembers his fallen comrades and laments not having acted in a certain way. The author mentions the fact that he remains alive because, unlike his mates, he failed to react in an honorable and satisfactory manner; this conflict serves as the root of his remorse. One Art In â€Å"One Art,† the author tries to confront her emotions towards losing a loved one by comparing it to many trivial things. The authors hesitation to write at the end and the change in tone when she says â€Å"the art of losing’s not too hard† (an obvious diversion from the confidence expressed in previous lines) show that no matter how much she wants to believe that the â€Å"art of losing,† might be perfected to the point of indifference, she will continue to be affected. Personification in the beginning parallels the nature of the more significant loss at the end of the poem. Tears, Idle Tears Tears, Idle Tears is a poem about the past: a past that although filled with happiness and love is remembered as dead with regret and sadness. Using metaphors, imagery and the repetition of the last line in each stanza, the author paints a picture of a beautiful â€Å"before† that has somehow been lost. Death is made a synonym of that love that once was, but is now a thing of the past. Because I liked You Better â€Å"Because I Like You Better† is a poem of unreciprocated love, a love so strong it was willing to deny itself for the other’s sake. Metaphors are used to see exemplify the effect actions and events have on the author, i.e pain and reluctant agreement. The author might, to a degree, be scornful of his situation since he decides to, without much trouble, accept rejection and describes his love as â€Å"†¦better than suits a man to say.† How to cite Poem Introductions- Stories of Ourselves Cie, Essay examples

Literary Tools, Language, and Thematic Ideas free essay sample

In A Perfect Day for Bananafish, by JD Salinger, The Unclouded Day, by E. Annie Proulx, and White Angel, by Michael Cunningham, the authors use literary devices and language to connect specific themes of Modernism with the advancement of the stories’ plots and characters. They exploit concrete literary devices such as diction, foreshadowing, foils, allegory, flashbacks, and symbolism. These devices emphasized distinct Modernist themes throughout the stories including, the search for an individual place in a vast universe, the loss of childhood innocence, the search for one’s inner self, traditional values vs. modern values, rejection of an outdated social era, and the search for ways to deal with the absurdities of life. JD Salinger conveys Modernist themes, like the search for an individual place in a vast universe and the loss of childhood innocence, in A Perfect Day for Bananafish, through the use of diction and foreshadowing. For example, in the story a line in the text reads, â€Å" ‘Did you see more glass?’ said Sybil† (Salinger, 15). We will write a custom essay sample on Literary Tools, Language, and Thematic Ideas or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The author’s use of the provocative and risky S sound is purposely intended to flow together, mysteriously hinting at the characters motifs. By choosing words with the S sound, like â€Å"Seymour†, â€Å"Sybil†, â€Å"see†, â€Å"glass†, etc., it conveys a luring tone drawing the reader in to the advancement of the plot and leaves one wondering how Seymour Glass cannot grasp a life without innocence. The use of foreshadowing also helped to illuminate the themes when, for example, Seymour is explaining to Sybil the outcome of his imaginary â€Å"bananafish†. â€Å" ‘Well, they swim into a hole where there’s a lot of bananas. They’re very ordinary-looking fish when they swim in. But once they get in, they behave like pigs†¦Naturally, after that they’re so fat they can’t get out of the hole again†¦Well, I hate to tell you, Sybil. They die† (Salinger, 23). Seymour’s explanations are clue s that suggest how Seymour himself has behaved in the past and the search he is on for his individual place in the world, foreshadowing his future. Seymour is normal before the war, but once he enters it, like the bananafish do the hole, he gorges himself on horror and loss which leaves him unable to get out of that state of mind and emotionally unable to connect back to society. Ultimately, Salinger connected two literary tools to themes of Modernism in order to keep the plot progressing and in the end Seymour receives the same fate as the bananafish: death. E. Annie Proulx depicted Modernist themes, such as the search for one’s inner self and traditional values vs. modern values, in The Unclouded Day, through the use of foils and an allegory. For example, Earl is the secondary character that acts as a foil for the main character, Santee when he rationalizes his â€Å"kill† in hunting by saying, â€Å" ‘I saw right where they went down†¦but that dog of yo urs†¦ ‘This is the parting of our ways’ [Santee] said. ‘I can take a good deal, but I won’t have my dog called down’ † (Proulx, 99-100). This foil helps to illuminate Santee’s search for his inner self when he realizes he is beating himself up to be with exactly the kind of person he disagrees about. Earl is ungrateful, impatient, and tries to learn tricks of the trade that simply can’t be taught- something Proulx purposefully introduced to advance the contrasting characters to the story’s conclusion. The use of an allegory also emphasized the theme of traditional vs. modern values when Santee â€Å"longed for the cold weather and unclouded days that lay somewhere ahead†¦Ã¢â‚¬  (Proulx, 89). Santee knew he had to go through an obstacle to get to happiness and the life he is comfortable with. In the end, he finally stands up for what he believes in and for his dog (which represents traditional values). He gets wh at he wanted and Earl (the cloud covering his happiness) is removed from the equation. Michael Cunningham illustrated Modernist themes, such as the search for ways to deal with the absurdities of life and the rejection of an outdated social era, in White Angel, by enforcing the use of flashbacks and symbolism. For example, the story is told in a first person point of view from Frisco/Bobby Morrow, looking back into his past. â€Å"We lived then in Cleveland, in the middle of everything†¦This of course is history† (Cunningham, 25). The author’s choice of words/phrases like, â€Å"I made no move without his council† (Cunningham, 25) and â€Å"I will go out and stand where he would have been standing† (Cunningham, 32)- speaking of Frisco’s late brother Carlton, helps to emphasize that times have changed and they’re no longer in the 60’s. This is important because the use of these time-play words suggest to the reader that something must have happened to make Frisco reject that social era and tell the story as a flashback. Within the manipulation of time in this story also lies another literary device: symbolism. For example, one year after Carlton’s death, Frisco’s dad gets up in the middle of the night for water and Frisco says, â€Å" ‘Maybe you better come back to bed. O.K.?’ ‘Maybe I had,’ [Frisco’s dad] says. ‘I just came out here for a drink of water, but I seem to have gotten turned around in the darkness. Yes, maybe I better had’ † (Cunningham, 33). This shows that his dad had gotten turned around in the darkness not only literally, but metaphorically in life. This is important because Carlton had taken drugs in the 60’s to expand his mind, yet his parents minds did the opposite after his death; making apparent their search for ways to deal with the absurdities of life. As a result, the themes in this story are brought about by t he literary tools that helped advance Frisco’s personal conclusion; â€Å"At least [Carlton’s girlfriend] had protected herself by trying to warn him† (Cunningham, 33). A Perfect Day for Bananafish, by JD Salinger, The Unclouded Day, by E. Annie Proulx, and White Angel, by Michael Cunningham, all contained literary devices and specific language that the authors used to connect specific themes of Modernism with the advancement of the stories’ plots and characters. All three stories involve unique literature and thematic ideas that only could have been brought to one’s attention with the connections the author’s made in order to progress the characters and plots to their conclusions which all ended with a â€Å"boom†.

Financial Market Assignment

Financial Market Assignment There are various threats to the financial system that policy-makers and business executives should be aware of. This paper is aimed at discussing some of the most essential risks. First of all, one should speak about insider trading or the use of non-public information while purchasing or the stocks of a company.Advertising We will write a custom essay sample on Financial Market Assignment specifically for you for only $16.05 $11/page Learn More This activity can result in the situation when the executives of businesses or financial institutions can disregard the interests of investors and stockholders and put these people at a disadvantage. The members of the general public will not be able to make informed decisions about the performance of various stocks, and they will lose the trust in the financial trust. So, insider trading can destabilize the financial system. In turn, Ponzi schemes can be described as the financial fraud when investors are compensat ed from the money of subsequent investors. This activity lead to the creation of economic bubbles such as dot-com bubbles. The existence of such market can cause panic in the market, and it can lead to the poor performance of financial system. Additionally, tax-evasion can adversely affect the financial system, because this crime can contribute to the budget deficits. In the long term, this activity can lead to the stagnation of the financial system. Apart from that, lack of transparency can be associated with the financial instability because in such an environment investors may not be fully of aware of their risks (Bouvard, 2012). This argument is particularly relevant when one speaks about the trading of credit default swaps in 2005 and 2007 when many investors were not informed about the potential risk. Significant risks can be associated with the securities market. In most cases, the challenges arise in those cases when securities are not backed up by any assets. This argument is particularly important when one speaks about debt securities. Finally, one should speak about such a threat as manipulation of the market or the action that prompts investors to act in a certain way (Misra, 2012). Very often, manipulation creates a demand for certain types of stocks. For example, the Federal Reserve lowered the interest rate for its bonds, and as a result, many investors chose to purchase the stocks of fraudulent companies such as Enron that deliberately mislead the purchasers of their stock. This is one of the main pitfalls that should be avoided. Furthermore, the so-called currency manipulation or intervention can also pose significant threats to the financial system. In some cases, the fiscal authorities can purchase the currency of the country, and it means that the exchange rate does not reflect the real purchasing power of the currency. This activity can mislead investors and businesses who conduct businesses or carry out financial transactions. This is one of the dangers that should not be overlooked by policy-makers and business executives.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Finally, it is important to speak about governmental action or intervention that can adversely affect the financial system because this policy is not usually favored by investors (Beteto, 2012). In particular, one can mention the decision of the Cypriot government to intervene into the activities of the banks. This decision prompted many investors to withdraw their capital from the country, and in the long-term, it can lead to the stagnation of the financial system and the decline of the economy. Reference List Beteto, D. (2012). Government Intervention and Financial Fragility. Web. Bouvard, M. (2012). Transparency in the financial system:rollover risk and crises. Web. Misra, V. (2012). Evidence of market manipulation in the financial crisis. Web.

Citing Daily Writing Tips

Citing Daily Writing Tips Citing Daily Writing Tips Citing Daily Writing Tips By Maeve Maddox It is a source of satisfaction to me that the articles on the Daily Writing Tips site are often cited in bibliographies. Because the articles are accessed long after their original publication dates, I’m extremely grateful when readers browsing past articles call my attention to typos in any of the archived posts, so they may be corrected. Occasionally, a student will ask me how to cite one of our articles. This is the format I’ve been recommending, based on my copy of the MLA Handbook (6th edition): Maddox, Maeve. â€Å"When Words Collide.†Ã‚  DailyWritingTips.com/. 24 May 2011. Accessed January 3, 2013 https://www.dailywritingtips.com/when-words-collide/ Nichol, Mark. â€Å"20 Types and Forms of Humor.† DailyWritingTips.com/. 24 November 2011. Accessed 25 July 2014 https://www.dailywritingtips.com/20-types-and-forms-of-humor/ Since the publication of the 6th edition of the Handbook, MLA has lifted the necessity to include the URL. The reasoning is that Web addresses are not static, and documents sometimes appear in multiple locations. Thanks to Internet Search Engines, most readers can find electronic sources by means of title or author searches. An entry without the URL would look like this: Maddox, Maeve. â€Å"When Words Collide.†Ã‚  DailyWritingTips.com/. 24 May 2011. Accessed January 3, 2013. Note: Some instructors or editors still ask that the URL be included. The â€Å"access date† is the date that the reader found the article on the Web. Because URLs change and documents vanish, the researcher would be wise to print the article or save it as a Web page. Dates of publication do not appear with the individual DWT posts, but they can be found in the Archives. A quick way to find the date of the article you want is to go to the Archives page and type one or two of the words in the title in the browser â€Å"Find† feature. For example, if you want to find the date of the article titled â€Å"Let the Word Do the Work,† click on the word Archives in the DWT menu at the top of the page. Then, under Edit in the browser, click on Find. In the box that appears, type the words â€Å"let the word.† Scroll down the page until you find the highlighted words in the title. This particular article appears under the date â€Å"May 2007†: May 2007 31: Contractions 31: Audience is Everything 30: Let the Word Do the Work The number in front of the title is the date of publication. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the General category, check our popular posts, or choose a related post below:What Does [sic] Mean?Awoken or Awakened?"To Tide You Over"

To what extent does personality predicts employee performance Essay

To what extent does personality predicts employee performance - Essay Example Moreover, this practice rewards HR professionals with sustainability and confidence inside the organization as they can foresee unwanted reactions and responses. Personality analysis is crucial to use in HR practices to advance hiring practices, predict behaviours and motivate employees at work. Personality tests as a common practice in HR management were developed as a result of meta-analytic studies in 90s. According to Hakstian & Ng (2005, p. 405), initially they were appraised because their results granted predictability and validity of employees’ performance. Since then personality tests have been actively integrated in HR management. Most of these tests are based on â€Å"Big Five† personality model. According to it, there are five main personality variables which influence people’s behaviour; they include openness to experience, extraversion, neuroticism, agreeableness and consciousness (Judge et al. 1999, p. 624). HR professionals design tests in order to identify these factors in each personality. Companies tend to conceal their testing practices as they exist for internal use only. It is the reason why there are not many sources available in regard to the studied issue. At the same time, there are some surveys, publications written by HR professionals and corporate reports which reveal that personality tests are successfully integrated in HR practices all over the world. For example, according to Rothstein & Goffin (2006, p. 155), 30% of corporations in the United States used special personality tests in their hiring procedures in 2003. Personality measures can target different characteristics of current or potential employees; they can test integrity, performance effectiveness or personal expectations. Integrity tests remain the most popular and one of the most complicated to analyse. Rothstein & Goffin (2006, p. 155) state that there are around 5 million applicants who do this tests and 20% of the Human Resource