Racial Diversity Essay

Associate Program Material Racial Diversity in Society Worksheet Part I Complete the following using the MySocLab Social Explorer Map: Income Inequality by Race (located on the student website) as a reference: †¢ Select 1 racial group from the list below: o African American o Asian American o Arab American o Hispanic American/Latino o White/Caucasian †¢ Write a 150- to 300-word summary of the economic, social, and political standings of that group. Use additional resources if necessary, from the University Library or your textbooks. Provide citations for all the sources you use. As we all know in history we have noticed that the white race has been the most dominant and the most successful races in our history. Since the beginning of time the Europeans were very successful with importing and exporting of goods. Most of the successful businesses are ran by the white race who are still trying to expand their businesses in other countries. When it comes social most white people fit some of the stereotypes given to them. An example of this is that they are known to be very polite with any person they meet and try to help them as much as they can to the best of their abilities. In the political standings most of our presidents, congressmen, and senates are of the white race. This is something has been seen ever since the government was established. The white race is known to have the biggest influence over every other political system in the world. Part II Answer the following in 50 to 150 words each. Provide citations for all the sources you use. What is racism? In what ways does racism affect diversity? Racism is a belief that race is the primary determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race. Racism affects diversity by creating separate groups of different races. This would cause conflict between the same race that split into different sections. How do racial groups interact in contemporary America? Are interactions positive, negative, or neutral? Support your response using proper citations. The interaction of racial groups in America all depends on the type of situation or conversation they are having. There are times where certain interactions between people are positive, negative or neutral it mostly depends on the topic or situation that is going on. Some situations can turn out bad and others can actually cause a positive change in a person’s thought process of something. Are there existing social inequities based on race? Why or why not? There are social in equalities based on race today especially when it comes to minorities coming into the country. We see on the news and hear stories of minorities who are trying to make a difference in their lives and get judged just because they might of come to this countrie illegally. What do you believe to be the causes of racial prejudice and discrimination in today’s society? I feel that the cause of racial prejudice and discrimination in today’s society is that many people like to follow what others do and feel that by them joining in on the prejudice that they will get accepted. Also I feel that assumption plays a role in this because a lot of people like to judge others on things they do or the way they dress or even by just the way the person looks.

Jose Rizal Life and Education Essay

Family and Early life He was the seventh child in a family of 11 children (2 boys and 9 girls). His parents went to school and were well known. His father, Francisco Rizal Mercado, worked hard as a farmer in Binan, Laguna. Rizal looked up to him. His mother, Teodora Alonso Realonda y Quintos, was born in Meisic, Sta. Cruz, Manila. She read a lot and knew about art and many other things. Rizal said she was loving and very smart. He learned the alphabet from his mother at the age of three. At age five, while learning to read and write, he also showed that he could draw and paint. He surprised his family and relatives with his pencil drawings and sketches and with his moldings of clay. ————————————————- Education In 1877, at the age of 16, he finished school (Bachelor of Arts) from the Ateneo Municipal de Manila. In the same year, he went to another school to study Philosophy and Letters at the University of Santo Tomas. At the same time, he took classes to become a surveyor and assessor at the Ateneo. In 1878, he went to the University of Santo Tomas to become a doctor. He stopped in hisstudies when he felt that the Filipino students were not being treated right by the priests who were also their teachers. On May 3, 1882, he went by boat to Spain. In Spain, he continued his studies at the Universidad Central de Madrid. On June 21, 1884, at the age of 23, he got his degree and became a doctor. On June 19,1885, at the age of 24, he got another degree in Philosophy and Letters. Having traveled throughout Europe, America and Asia, he spoke 22 languages. These include: * Arabic * Catalan * Chinese| * English * French * German| * Greek * Hebrew * Italian| * Japanese * Latin * Malayan| * Portuguese * Russian * Sanskrit| * Spanish language * Tagalog| A very smart man, he was good at many other jobs besides being a doctor: * architect * artist * businessman * cartoonist| * educator * economist * ethnologist * scientific farmer| * historian * inventor * journalist * linguist| * musician * mythologist * nationalist * naturalist| * novelist * ophthalmic surgeon * poet * propagandist| * psychologist * scientist * sculptor * sociologist * theologian| ————————————————- Political Life He hoped to make political changes in his country and to make the Filipinos go to school. Rizal wrote many poems and books that show his love for his country. In March 1887, his book, Noli Me Tangere was published. It shows the bad habits of the Spanish priests. El Filibusterismo, his second novel was published on September 18, 1891. It is sadder than his first book. Rizal was not liked by those in power. He showed the bad things done by the priests and the people in the government and this led him and his relatives into trouble. Because of this, he and those who he knew were being watched by the government. They were making up bad things against him. He was put to jail in Fort Santiago from July 6, 1892 to July 15, 1892. They said that papers with words he wrote against priests were found in the luggage of his sister Lucia who arrive with him from Hong Kong. He was made to stay in Dapitan and there he did farming, fishing andbusiness. He also operated and worked in a hospital. He taught the English and Spanish languages and the arts. ————————————————- Later Life and Death. When the Philippine Revolution (the war of Filipinos against the Spaniards) started on August 26, 1896, his enemies went after him fast. They were able to get people to say bad things against him and linked him with the war. He was never allowed to talk to these people. Because the Spanish authorities thought he was responsible for the activities of the revolutionaries, he was exiled to the city of Dapitan in Zamboanga, in Mindanao (Southern Philippines). From November 3, 1896, to the date of his death, he was again held at Fort Santiago. In prison, he wrote a poem with no title. It is now called Ultimo Adios and became a famous poem in the Philippines. It expresses the hero’s great love of country as well as that of all Filipinos. After a trial by the military authorities, he was convicted of rebellion (going against the government), sedition (making trouble) and of forming illegal association (meeting not allowed by the government). He was executed (punished by killing) by guns fired by soldiers on December 30, 1896 at Bagumbayan Field. He was 35 years old at the time of his death. His death place is now a national park (now known as Luneta), and a monument has been constructed in his honor.

Why christains believe god is present in our lives.

Catholics believe that God Is present In our lives through rituals. Catholics believe that doing the sign of the cross is a significant way to start a conversation with God by putting yourself In the presence of God. Also by attending mass It Is declaring that they belong to God and want to obey him and when Catholics go to receive transubstantiation Catholics are accepting the suffering that Christ has done for us. Catholics also believe that God is present in our lives through ethics.Catholic ethics come from the 10 commandments, it is important that we know the everlasting laws f God and what they mean such as â€Å"thou shall not steal† means that we shouldn't steal because it is disrespectful and we should respect others property as we wool like done to us. Another moral is â€Å"thou shall not harm† because humans are a creation of God and if we harm others or ourselves we are destroying Gods creation and â€Å"thou shall not bear false witness† means to no t lie about one self of anyone else.All of these ethics come under respect one self and one another. Why Catholics think It Is Important Is that acting morally with the Infinite laws of God, which are so Inspiring to most people that even those who do not know anything of God follow In the path of morality. Catholic believe strongly that God Is present in our lives though practice of individual experience such as baptism. Baptism is significant to the catholic community and faith because to that person getting baptized it represents the start of that person and God's relationship.This individual experience is very similar to conformation, it is similar because conformation In the Catholic Church represents growing up and creating a stronger bond between the person and God. Another individual experience is reconciliation in the Catholic Church, reconciliation is significant in the Catholic Church because â€Å"only God can forgive and cleanse sins away and allowing God to guide that individual through very tough times with making that bond with god and that individual stronger.Catholics believe that God Is present In our lives through rituals. Catholics believe that doing the sign of the cross Is a gallants way to start a conversation with God by putting yourself In the presence of God. Also by attending mass It Is declaring that they belong to God and want to obey him and when Catholics go to receive transubstantiation Catholics are accepting the suffering that Christ has done for us. Catholics also believe that God is present in our lives through ethics.Catholic ethics come from the 10 commandments, it is important that we know the everlasting laws of God and what they mean such as â€Å"thou shall not steal† means that we shouldn't steal because it is disrespectful and we should respect others property as we wool like done to us. Another moral is â€Å"thou hall not harm† because humans are a creation of God and if we harm others or ourselves we are destroying Gods creation and â€Å"thou shall not bear false witness† means to not Ill about one self of anyone else.All of these ethics come under respect one self and one another. Why Catholics think It Is Important Is that acting morally with the Infinite laws of God, which are so Inspiring to most people that even those who do not know anything of God follow in the path of morality. Catholic believe such as baptism. Baptism is significant to the catholic community and faith because o that person getting baptized it represents the start of that person and God's relationship.This individual experience is very similar to conformation, it is similar because conformation in the Catholic Church represents growing up and creating a stronger bond between the person and God. Another individual experience is reconciliation in the Catholic Church, reconciliation is significant in the Catholic Church because â€Å"only God can forgive and cleanse sins away' and allowing God t o guide that individual through very tough times with making that bond with god and that individual stronger.

Issues with Juveniles

Juveniles can break the law just like adults can. The difference is in the way they are treated after the fact, from the police interaction to the type of punishment they will ultimately receive. In most cases getting to the child before criminal behavior begins may stop a life of crime before it begins. In this paper I will be going over the importance of child development, crime control, interrogation and Miranda warnings, crime prevention, deterrence, and punishment. Children that grow up in homes where the parents are not around or do not care about them are more likely to become caught up in a life of crime than the kids that have a loving family. Children that have parents that are criminals themselves will probably become criminals as well. â€Å"According to one researcher, 63 percent of boys with convicted fathers themselves had criminal convictions, compared to 30 percent among those who did not have convicted fathers†. (Worrall, 2008, p. 259) If a child does not have a positive role model to follow, they will follow the negative one. This is also true if the father is not in the home or part of their lives or if their parents are in to drugs. Lack of parental supervision, improper abuse, rejection, neglect, conflict between the parents and many other problems can also lead to behavioral issues in children. Domestic violence in the home, single family households and families with large amounts of people are also more likely to produce children that have behavioral issues as they develop. Lack of attention or negative attention is hard on a child and it has been proven to lead them to a life of delinquency. There are many steps that families can take to work on crime control before it becomes a problem. The first is parent training and education. â€Å"Just as there are good drivers and bad drivers, there are good parents and bad parents. † (Worrall, 2008, p. 261) Parenting does not come overnight. It takes time and practice and information. Sometimes the harm to children is done accidentally and knowing this, the government has started programs such as the Strengthening Families Program. The SFP was founded in 1983 and is for parents who are also drug abusers and teaches them appropriate parenting skills. Parenting classes can be done in and out of the home and appear in several forms. One such form is during pregnancy when a nurse practitioner comes to the home and gives the expectant mother information on her pregnancy and on things to expect when the child is born. Head Start programs are provided to poor African-American families so that their children are given extra help with educational needs. Research has shown that these and other programs have been successful in lowering the rate of delinquency in juveniles. The chance of child abuse is lower in families that have gone through treatment than those who have not. Mothers are bettering their lives through the programs as well so the rate of arrest is lower in the mothers and their children than those left untreated. Once a juvenile has police contact, the interaction is very different than it would be if it were an adult. There are several rights that a juvenile has to protect them. The first right is the Fourth Amendment. The Fourth Amendment to the U. S. Constitution states: â€Å"The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized. (Bartollas & Miller, 2008) Juveniles have the same rights to privacy that adults do. If the police want to search a juvenile or their home or vehicle they must provide a search warrant unless the juvenile waived their rights, consented to the search, or got caught in the criminal act they were committing. Interrogation of a juvenile, confessions, and Miranda Warnings go hand in hand. Juveniles, as well as adults, are to be read their Miranda rights at the time of arrest. These Miranda Warnings give the juvenile six rights including: the right to remain silent, the right to an attorney, an attorney provided if they are unable to afford one, whatever the juvenile says to the police is fair game to be used later in court, if a juvenile starts talking they may stop at any time, and whatever the juvenile says to persons other than the juvenile officer or court personnel may be used against the juvenile if they are tried as an adult. The juvenile officer is responsible for providing the juvenile with these rights and must protect the interest of the youth. â€Å"A juvenile officer’s role in the interrogation process is the protection of the juvenile’s rights by initial explanation and subsequently by stopping the interrogation if it is so requested by the juvenile. Participation by the juvenile officer in the interrogation of a juvenile renders the confession and evidence discovered as a result thereof inadmissible [sic] in a subsequent adult prosecution. (McCarver, 2006) All questioning of the juvenile must be done by law enforcement. â€Å"The admissibility of a juvenile’s statement taken in the presence of the juvenile officer is determined from the totality of the circumstances on a case-by-case basis. The court will evaluate the juvenile’s age, experience, education, back ground, intelligence and whether the juvenile has the capacity to understand the warnings given to him, the nature of his Fifth Amendment rights and the consequences of waiving those rights. (McCarver, 2006) If a juvenile is tried as an adult they must have been made aware before his confession that it is possible that he may be tried as an adult and anything that any statements he makes can be used against him. Any officer that questions a juvenile must specifically state that he or she may be certified to be tried as an adult. â€Å"In the absence of an attorney, the confession of a juvenile which results from a custodial interrogation may not be used against the juvenile unless oth the juvenile and his parent, guardian or adult friend were informed of the juvenile’s rights to an attorney and to remain silent, and the juvenile must be given an opportunity to consult with his parents, guardian, adult friend or attorney as to whether he wishes to waive those rights. † (McCarver, 2006) Deterrence or prevention is very important in keeping juveniles out of trouble. In my opinion, one of the most effective preventative measures for preventing juvenile crime is community-based programs. These programs, such as, Big Brothers Big Sisters of America, Bully Prevention Program, and Functional Family Therapy allow youths to be part of the community in a positive way. â€Å"An eighteen-month evaluation found that compared with a control group waiting for a match, youths in the mentoring program were 46 percent less likely to start using drugs, 27 percent less likely to start drinking, and 32 percent less likely to hit or assault someone. † (Bartollas & Miller, 2008) In single parent homes where the parent works it is hard to keep tabs on your child at all times. Getting them into a program will keep the youths occupied and out of trouble in a perfect world. With the statistics listed community-based programs are effective and do a good job of reducing juvenile crime. There are many, many programs like these I listed. The problems that arise are a lack of funding and volunteers. It is important for the communities to sponsor and volunteer for these programs or they really cannot complain about children running the streets, learning negative behaviors, and committing crimes. Another effective preventative measure is programs like the Chicago Area Projects. The projects have three basic goals: Frist, they provide a forum for local residents to become acquainted with new scientific perspectives on child rearing, child welfare, and juvenile delinquency. † (Bartollas & Miller, 2008) Second, they open up lines of communication between the community and the institutional representatives of the larger community, the ones that help influence the local youth. Third, they allow local adults to come in to contact with local youths, â€Å"especially those having difficulties with the law†. (Bartollas & Miller, 2008) This and programs like this one have the local communities take responsibility or the youths before they are sent to the juvenile justice system. The adults in the community can speak on behalf of youths in court and they organize programs to keep the youth out of trouble. If a child is distracted in a positive way, they are less likely to act out in a negative way. When punishment is needed, probation is usually the answer. Probation is the number one sentence in the juvenile court. â€Å"About 400,000 youths are placed on formal probation each year, which amounts to more than 60 percent of all juvenile dispositions. † (Bartollas & Miller, 2008) This number has increased greatly since 1993. Probation is a judicial disposition under which youthful offenders are subject to certain conditions imposed by the juvenile c ourt and are permitted to remain in the community under the supervision of a probation officer. † (Bartollas & Miller, 2008) Juvenile probation focuses on programs for the offending youth in order to keep them out of jail. A probation officer is assigned and will work with the juvenile to help meet the conditions of their probation. Some think that the purpose of juvenile probation is to give the child a second chance. This is not necessarily correct. The main focus of juvenile probation is provide programs and services so that the youth will learn to stay out of trouble with the law in the future. There are several reasons why probation is the most desirable alternative to jail time. Juveniles are able to remain free of incarceration but society has protection from further law breaking. â€Å"It promotes the rehabilitation of offenders because they can maintain normal community contacts by living at home, attending school, and participating in community activities. † (Bartollas & Miller, 2008) It also costs less and allows the juvenile to avoid the negative impact of confinement. While treated differently than adults in most cases, juveniles still break the law and encounter the justice system. Juveniles are afforded the same rights as adults but are handled in a way that usually allows them to have a second chance and become a productive member of society. While stopping a life of crime before it begins is the more favorable approach, it is not always a possibility. In this paper I have discussed child development, crime control, interrogation and Miranda warnings, crime prevention, deterrence, and punishment.

Do We Need Mass Immigration?

According to the author Anthony Brown (â€Å"1Britain does not have a declining workforce, but the fastest growing workforce in Europe. This is largely due to the increase in retirement age of women from 60 to 65between 2010 and 2020. The Government Actuary Service predicts that, with zero net immigration, the workforce will grow by 1.2m by 2020, from 36.89m in2000 to 38.127 in 2020†.)   In his point of view immigrations currently configured increases inequality-ties in the UK because it causes a massive redistribution of wealth from those who compete with immigrants in the labor market (who tend to be poor, and suffer lower wages), to those who employ them (who tend to be rich, and enjoy lower costs and bigger profits). This effect swell documented in the US. In addition, in the UK, with its tight property market, those who win are those who already own property, particularly those who rent it out; and those who lose are those who rent their homes and those trying to get on the property ladder. Again, this is generally a redistribution of wealth from poor to rich Immigration. in allowing people to move to where the can maximize their welfare and get maximum return on their skills, is a definite force for good in the world, so longs it doesn’t lead to unbalanced, unsustainable and destabilizing population flows. Therefore, the UK government should aim at policies that allow as free a movement of people as is compatible with having balanced and sustain-able migration, as has been achieved within the EU. Britain 1. This is taken from the book of Do We Need Mass Immigration by Anthony Browney. Should initiate negotiations on having an open border policy with other high-income countries such as Japan, where migration flows are likely to be limited, balanced and beneficial. The Human Rights Principles that Underlie this Work: The author assumes that in this book certain human rights principles,Which I believe should be inalienable and should not beCompromised for political expediency. †¢ Everyone has the right not to be subjected to discrimination of any sort, including racial discrimination. †¢ Everyone has the right to be accepted as a full and equal citizen in the country they were born and grew up in.Ethnic minorities born in the UK are as British as a white person whose family has been here for centuries. It is deeply unjust that in certain Middle East states, and formerly in Germany, immigrant workers’ children who are born in the country and have lived in it all their lives are denied citizenship. White Zimbabweans who were born there, and indeed whose families emigrated there generations ago, have a right to be considered full Zimbabweans. †¢ Every nation has the right to decide who can move there and who can’t. States have a fundamental right to protect the integrity of their borders. †¢ Everyone with a genuine fear of persecution by their government should have the right  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   to asylum. The result is that Immigration is more characterized by distortion, denial and hostility to debate than any other public issue. Such a distorted, one-sided debate would be Inconceivable in any other area of such national importance, whether economics, law and order, or defence.As public concern about immigration has grown, so the Pro-immigrationists imperative to promote more immigration has meant that all counter arguments have had to be neutralized, even if that means a complete U-turn on Previously held positions. (â€Å"2In the late 1990s, governments of all major industrialized nations signed passionate communiquà ©s about how mass unemployment was the biggest problem facing modern society†). Then immigration reared its head, and suddenly it is mass   labor shortages that are the biggest problem of our time. From labor surplus to labor shortage in a few short years—how intellectual fashions flutter in the political wind. In the US, there is an anti-immigration group made up explicitly of ethnic minorities, called the Diversity Alliance, founded by an immigrant from Vietnam who worked in the immigration industry before concluding it was getting out of hand. They conducted an opinion poll which showed that 65 per cent of black Americans favour a moratorium on legal immigration. One of the leading immigration reform journalists in the US is Michelle Malkin, an Asian-American, and author of Invasion. Many of the founders of the black rights movement in the US were anti-immigrant,because of the effect immigration was having in undermining African-Americans in the labour market There are many other motives to oppose immigration which are honourable and nothing to do with racism. Samuel Gompers, the founder of the American Federation of Labor, was a Jewish immigrant who supported the early twentieth-century immigration cut-off in the US. In a 1924 letter to Congress, Gompers wrote(â€Å"Every effort to enact immigration legislation must expect to meet a number of hostile forces and, in particular, two hostile forces of considerable strength†). One of these is composed of corporation Employers who desire to employ physical strength at the lowest possible wage and who prefer a rapidly revolving labor supply at low wages to a regular supply of American wage-earners at fair wages. The other is composed of racial groups in the United States who oppose all restrictive legislation because they want the doors left open for an influx of their countrymen. The brief description in his point of view   is not anti-immigration or anti-immigrant, but argues that the current record wave of immigration is unsustainable and both detrimental to the interests of many people in Britain and against the wishes of the majority of people in Britain. It argues that Britain does not have a moral duty to accept immigration, and that immigration is ineffective as a global development policy. It argues for immigration that is balanced, with equal numbers of people coming and going and that is in the interests of people in Britain rather than Justin the interests of potential immigrants, recent immigrants and businesses that like cheap labor. The immigration system should command the acceptance and confidence of the people of Britain. It also argues that the government should pursue an open borders policy in so far as this is compatible with balanced and sustainable migration, such as negotiating an open border policy with Japan. The UK is experiencing the highest levels of net immigration in its history, quadrupling the rate of population growth and adding 543,000 to the population in the last three years, and 1.02m to the population between 1992 and2000.The level of net legal immigration has grown from 35,000in 1993 to 183,000 in 2000 (the difference between 482,000 (  Ã‚   2. This is also from the same source as above mentioned page no 23) arriving and 299,000 leaving). On top of this is an unknown amount of illegal immigration .Unless immigration declines, it will add more than two million people every ten years. The Government Actuary Service estimates that with immigration of 195,000 a year(very close to the present level of legal immigration), the UK population will grow from 59.8m in 2000 to 68.0m in 2031.On present trends, around 6m of the 8m increase in population will move to London and the South East. This is a completely different phenomenon from earlier waves of immigration, such as Huguenots, Jews and Ugandan Asians, all of whom were forced to leave their Bibliography 1. Brittain, A.W. (1991) ‘Anticipated Child Loss to Migration and Sustained High Fertility in an East Caribbean Population’, Social Biology Vol. 38 No. 1-2 pp. 94-112 2. Coleman, D. (November 2000) ‘Migration to Europe: critique of the new establishment consensus’, speech to Workshop on Demographic Specificity and Integration of Migrants, Federal Institute of Population Research, Germany. 3. By James Antle:   ‘The Myth Of Mynority Natural Republicans.† 4. Shaw, C. (2001) ‘United Kingdom Population Trends in the 21st Century’, Population Trends 103 London: The Stationery Office. 5. Webs.      

Organized crime Essay Example | Topics and Well Written Essays - 1000 words

Organized crime - Essay Example Nevertheless, there are certain features that characterize organized crime, which are used in investigating if a crime is organized. Organized crime involves an act of violation of law that had been pre-arranged. The planned criminal activity is for the purposes of making profit, and it entails use of threat, violence, and intimidation. Additionally, a lot of corruption evolves as the involved persons attempt to escape from arrest and prosecution. Cressey and Abadinsky have researched a lot on organized crime. However, their definition and understanding of organized crime differs. Cressey argues that organized crime makes available illicit goods as well as services to the society. He thus asserts that organized crime is part of the legitimate society though it provides illegitimate goods or services. Abadinsky claims that organized crimes are meant to provide goods and services required by the society. His description of organized crime emphasizes on the attributes that make a crime to be considered as an organized one. This essay focuses on Cressey’s and Abadinsky definitions of organized crime. Additionally, the essay will compare the two definitions. Howard Abadinsky defines organized crime as a non-ideological enterprise that encompasses individuals with close social ties, is planned on hierarchical foundation, with not less than three ranks and is aimed at acquiring power profits in addition to power. The enterprise attains the above by engaging in illegal as well as legal activities. The persons in the different ranks have different roles to play, which are assigned depending on one’s skills. Abadinsky asserts that the group does not have to share kinship ties to engage in organized crime. Abadinsky adds that, the members strive to make the enterprise part of their goals and are willing to use violence or corruption to attain their goals. Abadinsky argues that organized crime has no political goals and the membership is limited (Abadinsky 1- 6). On the other hand, Donald Cressey defines an organized crime as a crime that occupies a position in a social system and is planned to capitalize on profits through providing products and services that are legally forbidden but demanded by members of the society. Cressey argues that the main attributes that characterize organized crime include set up agreements, rules, and regulations that the members of the group perpetuating the crime must follow. As opposed to Abadinsky who asserts that some of the activities performed by organized crime groups are legal, Cressey argues that most of the activities performed by organized crime groups have antilegal attitude and do not comply with the code of conduct. Cressey posits that the enforcer, corruptor, as well as the corrupted persons in an organized crime are important in coordination of organized crime (Cressey and Finckenauer 70-73). Abadinsky categorized organized crime into two. He named the two categories as bureaucratic or corpo rate and the patrimonial or patron. Additionally, Abadinsky came up with certain attributes that define either of the two types of organized crime. The attributes include lack or ideological motive, occurs over an extended period, entails use of tactics or strategies, which have been planned over a long period. Another attribute is that organized crime is directed by rules in addition to code of ethics shared by the perpetrators. An additional attribute of organized crime is that it is aimed at creating monopoly on certain goods and

Bonds mod 2 case Essay Example | Topics and Well Written Essays - 750 words

Bonds mod 2 case - Essay Example 5.35% 1.125381 Bond 3 has the highest percentage change and bond 1 has the lowest percentage change. Table 3: Price for the four bonds (after increase of 0.5% in yield to maturity) and the percentage change from base case Bond number Maturity (years) Coupon ($) Price ($) Yield to maturity (%) Change from original (%) 1 2 50 974.1183 6.42% -1.8026 2 3 45 958.3473 6.06% -1.34675 3 4 60 994.5793 6.16% -1.72141 4 6 55 958.6585 6.35% -3.77975 Bond 4 has the highest percentage change and bond 2 has the lowest percentage change. From the results, it can be inferred that under normal circumstances and for normal bonds, the yield increases as the maturity period increases, so, if an investor is holding the bond for longer time, then, he/she will have greater yield as compared to an investor who holds the bond for shorter period. There are various corporate bonds, wherein, the companies raise funds by issuing bonds and make the interest payments to the bond holders. However, in case of corporate bonds, there is a probability of default, if the company defaults, the bond-holder will not be able to generate returns on the bonds. Any investor who wishes to invest in bonds should consider the probability of default. All the above calculations are done on the basis of the assumption that there is no risk of default. Dividend Growth Model The three factors which affect the stock prices in case of dividend growth model are as follows. The current dividend Growth of the dividend Required rate of return The formula which relates the above mentioned parameters with the value of the stock is as follows. (Dividend Growth Model) Value = (Current Dividend * (1 + Dividend Growth)) / (Required Return - Dividend Growth) Some of the inferences from this formula are as follows. The value of... There are various corporate bonds, wherein, the companies raise funds by issuing bonds and make the interest payments to the bond holders. However, in case of corporate bonds, there is a probability of default, if the company defaults, the bond-holder will not be able to generate returns on the bonds. Any investor who wishes to invest in bonds should consider the probability of default. All the above calculations are done on the basis of the assumption that there is no risk of default. The value of stock increases with dividend growth if the dividend growth is less than 50% and it decreases of dividend growth is more than 50%. (Calculated by differentiating the equation with respect to dividend growth)