Isis And Many Terrorist Groups - 1511 Words

Blake Bonin Mrs. Landgrebe Advanced Comp. 3rd Hour 12/18/15 Research Paper ISIS and many terrorist groups have been recently attacking at will throughout the entire world. The terrorist group of ISIS is the biggest and most widely known terrorist group recently. One of the biggest controversial arguments today is if the United States should go to war with terrorist groups such as ISIS and others. I believe that the best solution to this argument is to not go to war with terrorist groups or ISIS just yet. Within the past couple of years, the terrorist group of ISIS has made them well known and kept the world into a state of fear and terror when it comes to terrorist attacks. One of the biggest controversial arguments currently has to do with the United States going to war with the terrorist group of ISIS. I believe that the United States shouldn’t go to war with ISIS, or just not yet. I believe that if they decide to fight a ground war with ISIS or these certain terrorist groups, they will be blindly moving into their territory. The las t time that the United States decided to rush into a blind fight, not knowing what was coming, they got taken down in the war in Vietnam. If the United States dies decide to fight in these ground wars against the terrorist groups they will not know what is coming and will have to blindly fight at risk of losing a lot of soldiers in the end of the war. Another reason that the United States should not go to war with ISIS in general isShow MoreRelatedTerrorism : Terror, Panic, Horror, And Shock1514 Words   |  7 Pagesterrorism. Throughout history, there have been many different terrorist-like and actual terrorist groups and organizations. These organizations have taken the innocent lives of thousands of people as a result of their violent attacks. This country and terrorism cannot coexist forever, but in order to make this country safer, the people of the United States need to be knowledgeable about the situation. There is a saying that says, â€Å"One man’s terrorist is another man’s freedom fighter.† The definitionRead MoreThe Islamic State Of Syria And Iraq1699 Words   |  7 PagesISIS; the Islamic State of Syria and Iraq better known for their mass killings, terrorist attacks, and intense regime. This group was founded in 1999, and was created by people who were former Al Qaeda members. ISIS is a group of terrorists with members positioned all over the world to carry out with mass killings. The members have been radicalized to believe irrational thoughts of killing harmless human beings. The whole world is aware of the issue, and knows that this terrorist group needsRead MoreThe World Capital Of Terrorism1092 Words   |  5 Pages11.16 Terrorism in Iraq Did you know that in 2014 ISIS controlled more than 34,000 square miles in the middle east? ISIS is a terrorist group that is in Iraq. Iraq is the number one country with the most terrorist groups. ISIS is the number one terrorist group in the Iraq. Malala Yousafzai was shot by a terrorist group from Iraq. 4,000 ISIS members are in Iraq alone. Terrorism in Iraq is a big problem. ISIS is the number one terrorist group in all of Iraq. The Global Terrorism Index has a listRead MoreThe Islamic State Of Iraq And Syria1603 Words   |  7 Pagesand Syria (ISIS) came to power a decade ago as a small terrorist threat that grew out of the terrorist organization Al Qaeda. When the United States began to pull its troops in the Middle East, Iraq leader, Abu Bakr al-Baghdadi, took advantage of the unstable government and reinvigorated ISIS. In just this past year, ISIS has shown us that it is more powerful than Al Qaeda by conquering oil fields and territory in Iraq and Syria with the hopes of creating a caliphate- an Islamic state. ISIS uses violenceRead MoreThe Worldwide Criminal Justice System1468 Words   |  6 PagesIn the following paper, I will describe what worldwide criminal justice systems are doing to address the criminal issues I identified. I will talk about the terrorist group ISIS about the crimes they have committed. Then I will discuss how the worldwi de criminal justice system handled the crime. The last thing I will discuss is the effectiveness of the systems response and include suggestions for future responses to combat or prevent these crimes. The Criminal justice system have begun to monitorRead MoreThe Islamic State Of Iraq And The Levant1656 Words   |  7 Pages ISIS is a terrorist group that has just recently become well known in the past couple of years. They have become a very large problem in today’s world. Innocent civilians are being killed for almost no reason. ISIS swiftly became a large terrorist group. They were founded in 1999, and have done many terrible acts since then. ISIS was originally an al-Qaida group in Iraq and was known as the ISI (Islamic State of Iraq). It later expanded to Syria in April of 2013 and then received the name of ISISRead MoreThe Power Of Isis Through Social Media Essay1001 Words   |  5 PagesThe Power of ISIS Through Social Media As social media has become more prevalent in our society, terrorist groups, such as ISIS, presence through platforms such as Twitter or Facebook has increased as well. Over 46,000 accounts on Twitter were ISIS supporters as of 2015 (Merchant). These type of extremist accounts target users by promoting the dignifying aspect of ISIS instead of the gory details about their jihadist culture. This strategy is very effective on younger generations who appeal to theRead MoreThe Islamic State Of Iraq And Syria Essay794 Words   |  4 Pagesexplore the Islamic State of Iraq and Syria, also known as (ISIS). I chose this topic because it has been an ongoing issue recently along with being a hot and dangerous topic. Picking this topic will help me exploit my audience and grab their attention. Before choosing this topic, I didn’t know very much about it until I did some research and realized how dangerous this Islamic group really is. During my argument I will argue how ISIS has divided countries and have caused mass destruction alongRead MoreThe Islamic State Of Iraq And Syria1746 Words   |  7 PagesSyria (ISIS) is the newer and more intimidating version of the famous terrorist group Al Qaeda. The group makes an appearance in the news almost every day. Over the past couple of years, they have multiplied in numbers. Not limited only to the Middle East, there are people all over the world who have proclaimed allegiance to ISIS. The Islamic extremist group has set out to destroy anything or anyone that comes in their way or do not agree with what they stand for. In the earlier years before ISIS wasRead MoreThe Nature And Scope Of Terrorism862 Words   |  4 Pageshow terrorists recruit and operate. The international community has not yet adjusted to these changes, and states continue to rely on conventional methods to combat terrorism. With ISIS emerging as a global terrorist threat, there is a need to implement strategies that can successfully defeat this uncon ventional enemy. This paper will discuss the evolution of ISIS, and compare it with Al-Qaeda. It will analyze how the US strategies designed to defeat Al-Qaeda are inadequate to deal with ISIS, and

The Affordable Care Act Obamacare - 1140 Words

The Affordable Care Act, often referred to as the ObamaCare was signed into law on March 23, 2010. It has created a lot of controversy since its debut. The Healthcare reform will affect all Americans. The issue has many Americans believing it is a great thing for our country while others believe it is a terrible idea and then of course there are those who don’t know what to think. By Jan 1, 2014 Americans will be required to purchase a health care policy or will have to pay a penalty. Ready or not it’s happening. First you would have to understand the background information of the program. As with all things there are pros and cons to the Affordable Care Act. Because it is a new law it is not flawless there is room for changes and recommendations. Lets begin with the background information of the policy issue. BACKGROUND INFORMATION: It was created to provide affordable, quality health care for eligible Americans and legal residents. The act was created to reduce the growing number of uninsured Americans. According to PBS, there are 44 million Americans without health insurance. Just because it is the law to have health care coverage does not mean that every single person in America will have coverage there will still be some without coverage. It is just reducing the numbers. Undocumented aliens will not be covered under the Affordable Care Act and will be left uninsured just as they are now. The idea of health care reform was introduced in 1989, proposed by HeritageShow MoreRelatedObamacare And Affordable Care Act930 Words   |  4 Pagesfunctions. Obama’s Health Care Reform, better known as ObamaCare was signed into law on March 23, 2010. It is officially called the Patient Protection and Affordable Care Act (PPACA) or Affordable Care Act (ACA). This act is meant to provide affordable, good quality health care to all Americans and to cut health care spending. The ACA has been on ongoing struggle to reform the health care system. Almost 50 million Americans still lack health coverage despite the fact that ObamaCare continues to help provideRead MoreObamacare : The Affordable Care Act1317 Words   |  6 PagesThe Affordable Care Act, otherwise known as Obamacare, was passed in March 2010. This over-1000-page Act implements a number of reforms designed to increase the availability of health care for individuals. The Act created a Health Insurance Marketplace, a universal way to sign up for subsidized health care plans (which are cheaper), though you can only get certain plans from certain places, including an expanded Med icaid. It also creates an incentive to purchase health insurance-if you don t, youRead MoreObamacare And The Affordable Care Act1028 Words   |  5 PagesThe Affordable Care Act was created to make an attempt to reduce the amount we pay for healthcare. â€Å"Healthcare premiums were too expensive for many families to afford,† is a common issue among citizens today, and we have come to the conclusion that Obamacare can help reduce that amount. Ever since this has been put in place, many Americans deny this, but it says that even if you aren’t 100 percent healthy it will still cover you, unlike regular healthcare premiums opposed that. Another benefit thatRead MoreObamacare And Affordable Care Act Essay1564 Words   |  7 PagesPatient Protection and Affordable Care Act expanded the 1965 bill passed under President Johnson that created Medicare and Medicaid (â€Å"LBJ Presidential Library,† 2015). While the Affordable Care Act, or â€Å"Obamacare† as it h as been dubbed by the media, has many components, the focus here is the expansion of Medicaid. Obamacare sought to expand Medicaid to cover those who earn too much to qualify for traditional Medicaid, but not enough to afford employer-provided health care. These people are said toRead MoreObamacare And Affordable Care Act997 Words   |  4 PagesWhite Professor Eastman English 1020 29 January 2015 Obamacare’s Healthier America Health care has been a controversial topic of discussion for all Americans since it was put in effect many years ago. Currently the biggest debate of Healthcare up to date is Obama’s Patient Protection and Affordable Care Act, also known as Obamacare, is a Health care Reform that is a governmental attempt to make basic health care easily obtainable. However, there are no benefits without cost in situations like this,Read MoreObamacare And Affordable Care Act928 Words   |  4 PagesUnited States, Barack Obama, signed into law the Patient Protection and Affordable Care Act (PPACA), which is commonly called the Affordable Care Act (ACA) or familiarly the Obamacare (What is ObamaCare). President Obama created ACA to make health care more affordable and accessible for people in the United States. The Affordable Care Act guarantees most people will have health insurances as well as reduces the high cost of health care of individual and government. These are also two points that th e ACARead MoreObamacare : The Affordable Care Act1507 Words   |  7 Pageshealth care coverage for all; and that is called The Affordable Care Act ( ACA)1 or also known as Obamacare. This program provides standardized medical expenses/procedures to be made and allows everyone -- who is eligible -- to have coverage. However, I think that we need to take in account how Obamacare is negatively impacting the lower class, middle class, and upper class; therefore, we should remove it. This law became effective on March 23, 2010 (Key Features of The Affordable Care Act). ObamacareRead MoreObamacare And The Affordable Care Act1061 Words   |  5 Pages The Affordable Care Act, also known as Obamacare or ACA, is the health reform law enacted in 2010 by Congress. The official name of this reform is the Patient Protection and Affordable Care Act. Many provisions of the law are already in effect and the rest are going to continue to develop until 2022. After a year of intense political wrangling, the health reform initiative was passed by Congress. Even though it falls short of providing universal coverage, it is unlike the Clinton proposal. TheRead MoreObamacare Or Affordable Care Act893 Words   |  4 PagesObamacare or Affordable care act (ACA) refers to the healthcare act introduced by President Obama in 2010 and represents one of the significant healthcare reforms since the passage of Medicare and Medicaid in 1965. The primary purpose of the reform was to increase the quality and affordability of health insurance, expand the reach of insurance, and reduce the costs of healthcare for both individuals and government. First, we will analyze the merits and disadvantages of Obamacare – PROS 1. CurrentlyRead MoreThe Affordable Care Act ( Obamacare )1604 Words   |  7 Pages Ever since Barack Obama signed the Affordable Care Act (Obamacare) into law in 2010, it has been met by criticism from many people from many different ideologies. Although the law held promise for allowing all individuals to afford healthcare and all of its benefits, that is not to say it does not have its downsides. Since passing, both the conservative and democratic parties have found reasons to dislike the law. This essay will include a description of the law itself, criticisms from the two parties

Walt Disney Human Resource Practices - 2614 Words

The Walt Disney Corporation Human Resource Practices Shannon Breedlove MGMT 4242 December 8, 2011 Abstract Human resource management of an organization is an essential element of a company’s overall accomplishment of goals and business strategy. The Walt Disney Corporations has proven itself a leader in HR management over its eighty-eight years in the business. It has grown into a global company within the consumer services sector and the industry of media conglomerates. The paper will demonstrate the challenges Disney has had to face and continues to face in its HR department, as well as HR practices that are need to be implemented for continuous success for Disney. In the case of the Euro Disney Park human resource managements was†¦show more content†¦2011). With these goals Disney has become a leader in its sector. It has an earning growth of +14.55%, net profit margin of 11.76%, net revenue of $40.9 billion in 2011, and a market cap of $66.8 billion (DIS). Also, Disney employs 156K people up from the previous year of 149K. Some of Disney’s major competitors are Time Warner Incorporation, New Corporation, and Viacome Incorporation, yet Disney holds the leading sport with the highest market cap. The Walt Disney Corporation still has challenges it needs to figure out like economic downturn, union disputes, payroll issues, and blocks in international expansion (Johnson, 2011). SWAT Analysis Walt Disney Corporation has gained many strengths and opportunities throughout its existence, and minimized it’s weaknesses and threats. Disney is very adamant at diversifying its staff family by hiring people from all over the world (Weinstein, 2008). Schneider’s ASA Framework takes a great presence in Disney due to the hiring plan of positive energetic employees and the attraction those personalities to the company. Disney provides its employees with in-depth training process that can be done through hands-on training, classroom instructions, or computer based virtual training (Weinstein, 2008). Disney holds true to three beliefs when hiring: 1. â€Å"Hire best and letShow MoreRelatedWalt Disney Company954 Words   |  4 PagesWalt Disney Company Angela Pursel University of Phoenix COM 530/ Communications for Accountants Brent Smith March 21, 2011 Walt Disney Company Walt Disney is a well-known name in today’s society. Walt Disney once stated, â€Å"You can dream, create, design and build the most wonderful place in the world but it requires people to make the dream a reality† (Sparks, 2007). Marty Sklar, Vice Chairman and principal creative executive for Walt Disney Imagineering was quoted as saying, â€Å"FromRead MoreWhat Makes A Strategic Perspective Focuses On Those Compensation Choices That Help The Organization Gain And Sustain Competitive Advantage998 Words   |  4 Pagesorganization gain and sustain competitive advantage† (Milkovich, 2010). Values touches every stage of the human resources phase, from selection and recruitment, to feedback, evaluation, coaching, and exit interviews (Kaminsky, n.d.). In an ethnically diverse nation, the US is becoming more diverse every single day, â€Å"overcoming that characteristic of human nature is essential to success in human resource management† (Kaminsky, n .d.). In today’s business world and competitive economy, it is a rivalry toRead MoreWalt Disney Company : The World s Leading Manufacturer And Provider Of Information Entertainment Essay970 Words   |  4 Pages Introduction The Walt Disney Company is a U.S. entertainment and media corporation located in Burbank California. Walt Disney and his brother Roy have founded the mass media conglomeration on October 16, 1923 as a cartoon animation studio, and kept the official mascot of Mickey Mouse (Mink, 2007). The American amusement business’s annual revenue is about $45 billions, and employs 166,000 workers worldwide (Mink, 2007). Walt Disney has centered its business on TV shows, radioRead MoreCase Study : Disney s Best Practices1310 Words   |  6 Pagesthe Customers In this step, Disney Institute tries to gain a deeper understanding of whatever organization they are hired to assess and help prosper. They get information of how the company works by having personal interviews as well as requesting hard data. With this information, the institute will see what tactic is necessary to make the company a successful one. 2. Adapt and Apply Disney’s Best Practices Disney Institute uses real-world examples from The Walt Disney Company to associate the businessRead MoreEthics and Compliance Paper1576 Words   |  7 Pages University of Phoenix (online) Fin/370 Finance for Business The Financial World of Disney Everyone young or old recognizes the name Disney when mentioned. The theme park and vacation spots around the globe are famous for their attractions and tranquility; however, the customers of Disney do not know or care about the financial side of the financial giant. The 10K report is available to individuals wishing to view the document, howeverRead MoreThe Implications Of Business Ethics For Human Resource Management1457 Words   |  6 Pages1: What are the implications of business ethics for human resource management? Explain the potential role(s) of human resource managers in the ethical conduct of business. Provide examples where appropriate. Essay The concept of business ethics is gaining more and more attention from many different organisations. Business ethics relate to the ethical judgments of what is right and wrong in an organisation (Sparks et al. 2010, p.2). Human resource management in particular, demonstrates the implicationsRead MoreWalt Disney Company : An Ethical And Responsible Manner1446 Words   |  6 Pagesin both an ethical and responsible manner. At Walt Disney and Company, there are policies in place in order to protect employees and the conditions in which they work, and instruct employees on how to effectively do their job. On Disney’s official website, it is stated, â€Å"At The Walt Disney Company, our employees and cast members make the magic happen. We thrive to create an optimal employee experience while meeting our business needs (Human).† Disney strongly believes their culture and values reflectRead MoreDisney Organizational Behavior Essay2561 Words   |  11 PagesDisney Organizatio nal Behavior i Disney Organizational Behavior Axia College of the University of Phoenix MGT 245/Organizational Theory Behavior Bonetta Mozingo September 14, 2008 Disney Organizational Behavior 1 Walt Disney once said, â€Å"You can dream, create, design and build the most wonderful place in the world, but it requires people to make the dream a reality.† He realized early that the only way his company would be successful, and he couldRead MoreEthics and Compliance for Disney1555 Words   |  7 PagesFinancial Ratios and Ethics of Disney Finance for Business August 30, 2010 Financial Ratios and Ethics of Disney The Walt Disney Company is known far and wide as a major source of entertainment and the embodiment of family values. Throughout the years, Walt Disney studios have supplied millions with wholesome, child oriented entertainment with iconic characters such as Mickey Mouse, Snow White, and of course Alice in Wonderland. From humble beginnings, the Disney Company grew with leapsRead MoreThe Walt Disney Company and Pixar Inc. to Acquire or Not to Acquire?606 Words   |  3 PagesThe Walt Disney Company and Pixar Inc. To Acquire or Not to Acquire? Andrii Alekseienko Corporate Strategy Case Study 18 September, 2015 The Walt Disney Company and Pixar Inc. To Acquire or Not to Acquire? To answer the main question of the case, we must think of the main problems that it faces. We need to find the solution for Bob Iger. What to do with Disney: to make some improvements in the existed company to compete better with Pixar, or to make a deal with another studio? Or should

Cultural Differences Between Chinese Culture And Western...

We live in a world that changes every day. The sapling grows into a towering tree. The thick trunk is cut off. The children are all grown up or are starting puberty. Parents are getting old. Children are raised or nurtured by parents. And we have the responsibility to support our family. Guns aren’t legal. The marijuana becoming legal. Most of these changes are reasonable or natural changes. The rest of the changes might be totally adverse, which reminds me to rethink about which took place before. Sometimes these changes occur from a word or a scene. Before I went abroad to study in the US, I hardly knew about American culture. All of me though of culture inheres in Chinese culture. I never thought there’s such a large cultural difference between Chinese culture and Western culture. It did not occur to me to consider why it happens and what I could learn from it. It’s my first year here in America and I choose to live in home stay instead of living on campus. Both of my home stay family are so young as 30 years old. While I was living with that home stay, I have understanding about cultural differences between China to America deeply. One day my home grandmother came home. She said she wanted to live with my home stay mother because of some physical issues. Her face showed that she was so eager to get a positive answer. But my home stay mother said no to her. The expression on her face was so decisive and resolute that I kind of hated her on it. I was so confusedShow MoreRelatedDifferences Cultural in Chinese Food a nd Western Food1648 Words   |  7 PagesÃ¥ ¯ ¸ The Cultural Differences between Chinese and Western Food Cheng Hoi Man Upper Iowa University Term 4 2012 – 2013 COMM 221(DT) – Intercultural Communication Ms. Jamie Ku 9th June 2013 The Cultural Differences between Chinese and Western Food Abstract Food is one of the most enjoyable aspects of cultures to share. Every place has its own culinary delights to discover. Food culture can reflect the indication of human social development and improvement. In this paper, food ideas andRead MoreComparing Chinese Food Culture And Western Diet Culture1617 Words   |  7 PagesComparison and comparison of Chinese food culture and Western diet culture. Student name: jeff wu(chuofu wu) Student ID: 13400334 Academic skill Preface This article will discuss the differences between Chinese and Western diet culture, diet culture has a very important role in the world culture. Because of the cultural differences between China and the west, they have different food and cultural differences, each country has its unique food culture, whether it is the concept orRead MoreDifference Between Eastern and Western Architecture1510 Words   |  7 Pagesare a cultural form of speace . Architectural expression of a certain outlook on life ,cosmology , aesthetics and thus a comprehensive reflection of both the characteristics of the times is the concentrated expression of national culture . The difference between Chinese and western architectural forms , the performance of cultural differences . It reflects the difference between physicial and natural environment, social structure and morphology of the differences and the difference between the aestheticRead MoreRetail Marketing Is All About Cultural Differences and Communica tion1559 Words   |  7 PagesADMN3170 0440210 Retail Marketing Is All About Cultural Differences and Communication In the 21 century, the process of globalization is getting faster. More and more people tend to be involved in the world community. People should be able to understand people will not have too much difficulties to communicate with each other in a very same cultural background. Using the same communicate skills to communicate a person with a very different cultural background might lead that person into some seriousRead MoreCulture Difference in Business Negotiation1456 Words   |  6 PagesÃ¥  ·Ã¯ ¼Å¡08203241 è â€Ã§ ³ »Ã¦â€" ¹Ã¥ ¼ Ã¯ ¼Å¡*********** è ® ºÃ¦â€"‡æ  â€¡Ã© ¢ËœÃ¯ ¼Å¡Ã¦â€"‡åÅ'â€"Ã¥ · ®Ã¥ ¼â€šÃ¥ ¯ ¹Ã¥â€¢â€ Ã¥Å  ¡Ã¨ °Ë†Ã¥Ë† ¤Ã§Å¡â€žÃ¥ ½ ±Ã¥â€œ  2010Ã¥ ¹ ´6æÅ"ˆ Titleï ¼Å¡the influence of cultural difference on business negotiation 〠Abstract】International business negotiation is playing a more and more important role in modem society. We can see clearly that there are great differences in international business negotiation. Specially, culture can influence negotiating styles in different ways, because negotiators who may come from another nation is different fromRead MoreComparison Of American And Chinese Legal Culture1609 Words   |  7 PagesComparison of American and Chinese legal culture Abstract: The legal culture is a national, regional or national basis in certain social and material conditions, the state power by the creation of a common legal system constraints and determine the status of the legal system of values and attitudes in the whole society and culture. Thus, each country has its own unique legal culture. By selecting the most typical American and Chinese legal cultures of two different aspects: the legal standard, comparativeRead MoreThe Conflict Between China And The United States1386 Words   |  6 Pagesthrough cultural divisions in the context of the increasing global conflict between China and The United States. In essence, the â€Å"clash of civilizations† between China and the United States will be primarily based on the problem of cultural hegemony in the 21st century struggle for global dominance between these two modern nation states. Huntington’s theory provides ample evidence of the growing clash of religious cultural values, which are often based on the atheistic principles of Chinese governingRead MoreChinese Culture and Communication: Chinese Culture and Communication1594 Words   |  7 Pagescontinuous movement all over the world of people from varying countries and cultures has lead to an increase of cross-cultural communication. Australia is quickly developing into a multicultural nation attracting tourists from a vast range of countries. As a result, it is has become more important for people in Australia to be culturally sensitive and aware in order to successfully interact with these visitors of different cultures. 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(1998), emotion expression is different in European American, Japanese, and Chinese infants. In the research, they selected infants that were 11-month-old from three different cultural groups, and each group was divided equally by gender. Each baby was going to wear lightweight clothing and participate in three procedures (arm

Mananaging finance Free Essays

string(98) " Cathay owns a minority stake in its competitor Dragonair that holds another tenth of the market\." This report will concentrate on the performance of the two aviation companies, Hong Kong-based Cathay Pacific Ltd. and Singapore-based Singapore Airlines. The report will try to help the potential investor in the Asian airline industry to assess the prospects of both companies and their riskiness in regard to each other and the industry as a whole as well as the returns both companies have to offer to compensate for the risk of their financial position. We will write a custom essay sample on Mananaging finance or any similar topic only for you Order Now 1. Profitability, growth, return on investment Profitability of the company is indicated by the return on equity ratio that shows the dollar return on each dollar of investment: Return on equity (ROE) = net income/ stockholders’ equity Cathay has a ROE of 1,604/ 31,052 = 5.16% Singapore Airlines’ ROE is 849.3/ 11,455.1 = 7.4% SA provides a better return on equity than Cathay, although the decrease in the annual income at Singapore Airlines in 2003 from 2002 represents a threat to its future earnings and return on equity while Cathay’s results demonstrate improved performance. Return on assets demonstrates how many dollars of income were generated by each dollar of investment and is calculated in the following way: Return on assets = net income/ total assets For Cathay Pacific Ltd. this figure is 1,604/ (54,686 + 20,351) = 1,604 / 75,037 = 2.14% For Singapore Airlines, return on assets is at 849.3/ 16,558.4 = 5.13% Thus Singapore Airlines is more efficient in using its assets and offers a better return on the funds tied up in assets. Another profitability measure is the operating margin that expresses operating profit as a percentage of the revenue. For Singapore Airlines, the operating margin is 680.4/ 9,761.9 = 6.97% For Cathay Pacific Ltd., this ratio is 285/ 2,393=11.9% As for growth, SIA’s revenue dropped in the 2003-2004 fiscal year to $9,761.9 million from $10,515.0 million, which represents a 7.7% decrease in revenue. The company executives explain this plunge with the effects of the SARS outbreak in the Asian region that had a devastating impact in the airline industry. Cathay’ revenue has as well shown a 11.9% decrease in revenue to $3,792 million from $4,242 million. The drop in revenue was reflected in the net income. At Cathay Pacific Ltd., net income was $167 million as opposed to $511 the year before which is a drop of 67.3%. The income dropped as the company was unable to drastically reduce its operating expenses or finance charges in the light of lower revenue. At Singapore Airlines, net income was down 20.2 % at   $849.3 million as compared to $1,064.8 million for 2002-2003 fiscal year. 2. Current financial position, liquidity, both long and short term, sources of finance The liquidity of the company is most often assessed in terms of the current ratio: Current ratio = current assets / current liabilities For Cathay Pacific Ltd. current ratio = 20,351/ 14,520 = 1.4 For Singapore Airlines, current ratio = 3,121.9/ 3,401.6 = 0.92 Usually companies are expected to have a current ratio that is no higher than 2.0, otherwise the company is believed to be in financial trouble. However, due to advances in information technology has enabled a lot of companies to minimize the need to hold cash, inventories and other liquid assets. As a result, a lot of successful companies are content to keep their current ratios lower than 1.0. This allows us to conclude that although Cathay seems to be in a better position in terms of short-term liquidity, SIA’a lower ratio does necessarily signify trouble. Another useful measure is the quick ratio that indicates how well a firm can satisfy existing short-term obligations with assets that can be converted into cash without difficulty and is computed as follows: Quick ratio = (cash + securities + receivables) / current liabilities Cathay Pacific Ltd. has a quick ratio of (15,200 + 4,573)/ 14,520 = 1.36 SA’ s quick ratio equals (0.4 + 130.2 + 1,518.5)/ 3,401.6 = 0.48 Again, based on current ratio, Cathay is much more liquid than Singapore Airlines as it has more assets that can be readily turned into cash. Long-term liquidity of the firm is evaluated using the debt ratio that specifies the overall ability of the company to repay its debts: Debt ratio = Total liabilities/ total assets According to the general rule of thumb, this ratio should not exceed 50%. For Cathay, the debt ratio is (29,361 + 14,520) /   (54,686 + 20,351) = 58.9% For Singapore Airlines, the debt ratio amounts to (446.7 + 2,175.3 + 2,207.2)/ 16,558.4 = 29.16% These calculations make it apparent that although Singapore Airlines is less liquid than Cathay Pacific Ltd., the Singaporean company has less long-term obligations and thus is less risky for the investor. Thus, Cathay relies primarily on debt to finance its operations, while Singapore Airlines is predominantly equity-financed. 3) Changes to the organizations and their effect At Singapore Airlines, a more streamlined organizational structure was introduced at the beginning of the financial year. Under the new structure, sixe senior executives including those heading Services and Operations, Marketing, Corporate Services, Finance, Human Resources and Planning will report directly to the CEO of the company. Hopefully, this simplified structure will make possible a speedier implementation of decisions. Cathay Pacific Ltd. basically retained the same corporate structure in the fiscal year analyzed. 4) The status of the companies in the financial markets and relative to their industry sector. In the aviation industry where both companies belong, the average market cap, according to Yahoo! Finance, is $895.52 million. Both Cathay with about $5.96 billion and SIA with $7.86 significantly exceed this number. On the other hand, revenue growth in the industry has been 12.8% on the average of late as opposed to the drop in the revenue of both airlines. As for profitability, the average operating margin for the airline industry is 6.81% compared to 6.97% at SIA. Cathay with 11.9% is well ahead of the market. The average return on equity in the aviation sector is 8.3% as compared to Cathay 5.16%, Singapore Airlines 7.4%. 5) Past performance and projected future trends Cathay Pacific Ltd. Cathay Pacific Ltd. is Hong Kong’s largest air carrier accounting for a third of all passenger flights through Hong Kong. Cathay owns a minority stake in its competitor Dragonair that holds another tenth of the market. You read "Mananaging finance" in category "Essay examples" Recently Cathay entered a contract with Air China that it will buy a 9.9% stake in the Air China’s initial public offering. The partnership will allow joint marketing and sales activities, cooperation in engineering, ground handling, purchasing, security as well as better coordination of the two companies’ schedules. This arrangement will allow Cathay to optimize its cost structure. The cooperation with Air China offers a strategic advantage as it provides improved access to Beijing Capital international Airport, a major hub in inland China. China is one of the world’s fastest growing regional aviation markets and the one coveted by many carriers. Competition was until recently restricted by the limitations on the number of flights performed by foreign carriers imposed by the Chinese government. Cathay and Hong Kong have pressured Chinese authorities to allow more flights between Hong Kong and mainland China. Cathay management has been trying to get access to passenger flights between Hong Kong and Shanghai sooner than the agreed date of October 2006 when a second Hong Kong airline will be allowed to start serving Shanghai with passenger flights. Liberalization of these restrictions could boost Cathay’s revenue dramatically since this route is very lucrative because of heavy business travel. In 2003 Cathay resumed air services in mainland China after a 1-year absence from the market. Here it faces competition from its former partner Dragonair. Now it plans to make its three-time -a-week flights to Beijing daily in December, add even more Beijing flights next year and launch passenger services to Xiamen and cargo services to Shanghai. Regular air companies like Cathay and Dragonair now face tougher competition from budget carriers Air Asia from Malaysia and Virgin Blue of Australia forcing the veterans of the market to cut their costs. Earlier Cathay representatives admitted that the prices are somewhat higher in this market than in others but attributed this to the difference in exchange rates and other long-term factors. The tendency towards more open skies pursued by Singapore, Thailand and Malaysia will draw more passengers through their airports but can damage the market share and financial performance of Hong Kong airlines including Cathay. Asian governments are slowly dismantling obstacles on the way of foreign air carriers and can be expected to continue with this policy. This could improve Cathay’s prospects in mainland China but sharpen competition in Hong Kong itself. However, the epidemic of severe acute respiratory syndrome has attracted the public’s attention to the benefit of having a local air carrier since Cathay kept flying at the time when foreign airlines suspended their operations. Overall, since Cathay is in the business of air cargo travel, it can be reasonably assumed to profit from the world’s economic recovery projected to lead to above-average growth in the global airfreight market, according to a Lufthansa report (2004). Lufthansa experts base their assessment of tonnage increase of 5.9% in international air cargo market in 2004 on expectations of the boom in the Asian market and gradual recovery in North America. Singapore Airlines Singapore Airlines is also in the business of air transportation, engineering, airport terminal and pilot training. Its operations cover Asia, Europe, North and South America, South West Pacific and Africa. Due to this global focus, the company is also expected to benefit from the boom in the Asian market. Unlike Cathay, the diversity of the routes makes it easier for Singapore Airlines to balance its risks that can occur because of an economic downturn in one of the markets. Singapore Airlines is primarily focused in its business on the Asian business as it is the largest carrier in terms of market capitalization with $7.86 billion in market cap as compared with Cathay Pacific Ltd. with $5.96 billion. Singapore Airlines has posted strong second quarter results that beat analysts’ expectations. The reason behind strong growth is increase in travel demand. Singapore Airlines is listed on the first London Stock Exchange office in Asia, and on the first New York Stock Exchange office in Hong Kong along with 15 other Chinese companies. This development can contribute to greater transparency of their accounting procedures and lend credibility to their financial information, which in turn can help them bring down their cost of borrowing and attract more investors’ money. There are a lot of European investment funds waiting to be put into the thriving Chinese economy. Investors are attracted by the huge potential of the Chinese outbound market that has already surpassed Japan as the top location in the Asia Pacific outbound ranking. After surviving an epidemic of SARS, the market is forecast by many analysts to return to very strong growth in 2004-2005. China outbound trip volume has increased about five times in the past decade. In 2002 the annual volume was 16.6 million outbound departures as compared to 3.7 in 1993. The market is predicted to show double-digit annual increases if only the outbreak of SARS is not repeated. Singapore Airlines is fully positioned to take advantage of this trend as it is one of the leading carriers in the Asian-Pacific region, so a dramatic rise in revenue can be expected. According to the corporate news, the company is making efforts at slashing its costs. On November 23, it announced the plan to outsource jobs in uplift flight coupon processing and some aspects of interline billings, making 66 jobs in the Finance Division. This effort could help raise the company’s efficiency and improve the bottom line in the long run. The most important challenge for the airline industry is the rising fuel costs. Singapore Airlines admitted that higher fuel costs hold their halfyear net profit to $616 million. A lot for the airlines will depend on the evolution of the world oil prices. Further uncertainties surrounding the operation of the pipeline in Iraq or disruptions in Russia caused by the Yukos legal proceedings could drive up the oil price further up, negatively affecting Singapore Airlines’ net income. According to the company’s calculations, that a one-dollar-per-barrel increase in the oil price amounts to the additional $ 14 million fuel spending for Singapore Airlines. Another worry for the management of the airline is the advent of low-cost carriers that puts increasing pressure on the company’s cost structure. All Asian carriers should hope that an epidemic of SARS will not be repeated as it had a devastating effect on the revenue of Singapore Airlines and other companies. Works cited Beveridge, Dick (October 20, 2004), Cathay Pacific Buys into Air China, goldsea.com/Asiagate/410/21cathay.html Bradsher, Keith (October 22, 2004), A Struggle over Air Routes in East Asia, http://www.nytimes.com/2004/10/22/business/worldbusiness/22aviation.html?ex=1184817600en=477bd65aaf1258d7ei=5035partner=MARKETWATCH Hong Kong, China Strike New Aviation Deal (Associated Press, September 8, 2004) Lufthansa Cargo forecasts swift recovery of the global airfreight market, http://www.lufthansa-cargo.de/content.jsp?path=0,1,14871,15152,15452,16898 Niem, Andrea (2004), London Stock Exchange Aims to Lure Chinese, Companies, http://www.axcessnews.com/business_110304b.shtml World Travel Trends, 2003-2004, WTMGlobal Travel Report Annual reports: Cathay 2003 Annual Report http://www.cathaypacific.com/intl/aboutus/investor/0,,31343,00.html Singapore 2003/2004 Annual Report http://www.singaporeair.com/saa/app/saa?hidHeaderAction=onHeaderMenuClickhidTopicArea=AnnualReport ¤tSite=global          How to cite Mananaging finance, Essay examples

Ausmat Answers Chemistry 2010 free essay sample

Standards describe the kinds of qualities seen across candidate responses in external examination conditions. In late 2010, WACE (written) examination scripts for Chemistry Stage 3 were analysed by teacher expert panels who identified the qualities of candidates’ scripts at each of five performance bands: ‘excellent achievement’, ‘high achievement’, ‘satisfactory achievement’, ‘limited achievement’ and ‘inadequate achievement’. WACE Course scores were reported against these performance bands. The band descriptions for Chemistry Stage 3 are provided in Appendix 1. What do standards tell us? The standards described through the band descriptions tell us, in general terms, how students need to be performing if they wish to achieve a particular ‘standard’. To get a clearer picture of what the standard means, teachers and students can refer to the candidate responses provided. This will help students see what they need to do to improve and help them understand how their work compares with the standard. Standards can also assist teachers in providing students with feedback about their work and see how they might need to modify their teaching. What is provided in this Standards Guide? There are five main components in this standards guide: 1 questions from the examination paper 2 the marking key for each question 3 candidate responses and annotated marker notes 4 statistics such as the highest and lowest marks achieved, mean, standard deviation, etc 5 examiner comments. What standards have been exemplified in this guide? Sample candidate responses which illustrate ‘excellent’ and ‘satisfactory’ performance have been included in this guide, along with marker annotations. In most cases, ‘excellent’ responses received full marks or close to full marks. If there were no responses judged to be ‘excellent’, a ‘high achievement’ response sample may be provided. For questions worth 1 mark (or a small number of marks) judgments about an ‘excellent’ or ‘satisfactory’ standard are less precise. Judgements about ‘excellent’ and ‘satisfactory’ standards illustrated in a candidate response must also take into account the difficulty of the question. It should also be remembered that overall judgments about standards are best made with reference to a range of performances across a range of assessment types and conditions. How well did this examination ‘target’ the ability of candidates? Rasch analysis of raw marks achieved by candidates enables us to provide estimates of question difficulty and student ability, on the same scale. From this relationship, we are able to evaluate how well the questions in this examination were broadly targeted to candidates’ abilities. Data which estimates the difficulty of each question is provided in Appendix 2. A graph showing the relationship between student ability (on this examination) and question difficulty is also provided in Appendix 2. Other points to consider when viewing this guide Use of half marks Examination items are marked out of whole numbers. Half marks occurring in this guide are a result of averaging the whole number marks from each of two markers. Section statistics and marks weightings Section statistics for the highest mark achieved, lowest mark achieved, mean and standard deviation are based on weighted section total marks. Raw mark totals are provided for each section. The raw marks distribution and the weighted total marks distribution is provided on the following page. Examination standards for 2010 WACE examinations The analysis of written examination scripts was used to determine performance band descriptions for 2010. Chemistry: Stage 3 Standards Guide Marks distribution for this examination Number of questions available 25 Number of questions to be answered 25 Suggested working time (minutes) 50 Section Section One: Multiple-choice Section Two: Short answer Section Three: Extended answer Marks available Percentage of exam 25 25 11 11 60 70 35 6 6 70 80 40 Total 100 Chemistry: Stage 3 Standards Guide 5 6 Chemi stry: Stage 3 Standards Guide Section One: Multiple-choice Chemistry Stage 3 Section One: Multiple-choice 25 marks Note: Raw section total marks = 25 Weighted section total marks = 25 Candidates must be encouraged to describe their observations in as much detail as possible. A detailed observation is evidence of a candidate’s full understanding of a process, and more general descriptions of observations cannot be rewarded. The majority of candidates gave the correct structural formulae and organic product names for these questions, although ‘butone’ featured commonly in place of butanone. Some focus should perhaps be given to correct naming of ketones. 40 Chemistry: Stage 3 Standards Guide Section Two: Short answer Question 30(b) Butanoic acid reacts with methanol in the presence of H2SO4. 3 marks) Observations Structural formula of organic product Show all atoms Name of organic product Marking key A fruity smell develops Specific fruit (any fruit) Sweet smell [Single layer forms] Condensed structure also acceptable Structural formula of organic product (show all atoms) H H C H H C H H C H C O O H C H H Question statistics Statistics ID =37 Num ber of attempts = 4126 Highest mark achieved = 3. 00 Lowest mark achieved = 0. 00 Mean = 2. 25 Standard deviation = 0. 95 Question difficulty = Moderate Correlation between question part and section = 0. 62 Observations O CH3 CH2 CH2 C O CH3 Name of organic product Methylbutanoate (methyl butanoate) Description 1 mark for each correct answer for a possible total of 3 marks. Question incorrectly answered or not attempted. Total Marks 1-3 0 3 Chemistry: Stage 3 Standards Guide 41 Section Two: Short answer Candidate responses 30(b) Butanoic acid reacts with methanol in the presence of H2SO4. Notes (3 marks) Observations Structural formula of organic product Show all atoms Name of organic product Excellent response 3/3 marks Correctly completes the table for the esterification reaction. Examiners’ comments This question was not particularly well done. Candidates must be encouraged to describe their observations in as much detail as possible – e. g. a fruity/sweet smell should be described as just that, rather than simply a ‘strong smell’. A detailed observation is evidence of a candidate’s full understanding of a process, and more general descriptions of observations cannot be rewarded. The majority of candidates gave the correct structural formulae and organic product names for these questions. 42 Chemistry: Stage 3 Standards Guide Section Two: Short answer Question Question 31 (3 marks) Condensation polymers form from two monomers, each with functional groups at their terminal carbon atoms (that is, the monomers are difunctional). Examine the polyester structure below. n Question statistics Statistics ID = 111 Number of attempts = 4403 Highest mark achieved = 3. 00 Lowest mark achieved = 0. 00 Mean = 1. 67 Standard deviation = 1. 13 Correlation between question and section = 0. 65 31(a) Circle all the ester linkages (functional groups that link the monomers) represented in the above structure. (1 mark) Marking key Question statistics Statistics ID = 38 Number of attempts = 4313 Highest mark achieved = 1. 0 Lowest mark achieved = 0. 00 Mean = 0. 60 Standard deviation = 0. 49 Question difficulty = Moderate Correlation between question part and section = 0. 27 n Description All ester linkages identified and circled (end linkages may also be circled). Question incorrectly answered or not attempted or not all linkages circled. Total Marks 1 0 1 Chemistry: Stage 3 Standar ds Guide 43 Section Two: Short answer Candidate responses 31(a) Notes Circle all the ester linkages (functional groups that link the monomers) represented in the above structure. (1 mark) No candidate response is provided. Refer to marking key. Excellent response Examiners’ comments A significant number of candidates did not correctly identify the ester linkages in the polymer in this question. 44 Chemistry: Stage 3 Standards Guide Section Two: Short answer Question 31(b) Identify the two monomer compounds (A and B) used in the production of this polymer and draw their molecular structures. (2 marks) Marking key Monomer A Question statistics Statistics ID = 39 Number of attempts = 4250 Highest mark achieved = 2. 00 Lowest mark achieved = 0. 00 Mean = 1. 12 Standard deviation = 0. 93 Question difficulty = Moderate Correlation between question part and section = 0. 64 OH C O Monomer B O C OH H H O C H H C H Marks 2 1 0 2 O H Description Both monomers correctly identified and drawn. One correct monomer or both monomers slightly incorrectly drawn. Question incorrectly answered or not attempted. Total Chemistry: Stage 3 Standards Guide 45 Section Two: Short answer Candidate responses 31(b) Notes Identify the two monomer compounds (A and B) used in the production of this polymer and draw their molecular structures. (2 marks) Excellent response 2/2 marks Correctly identifies the two monomers needed to form the polymer. No candidate response is provided. Refer to marking key. Satisfactory response Examiners’ comments The two component monomers were reasonably well identified. 46 Chemistry: Stage 3 Standards Guide Section Two: Short answer Question Question 32 (12 marks) For each species listed in the table below, draw the structural formula, representing all valence shell electron pairs either as : or as — and state or draw the shape of the molecule and state the polarity of the molecule. (for example, water H O H or H O H or H O H bent polar) Polarity of molecule (polar or non-polar) Species Structure (showing all valence shell electrons) Shape (sketch or name) nitrogen trichloride NC? 3 methanal HCHO sulfur dioxide SO2 carbon dioxide CO2 Chemistry: Stage 3 Standards Guide 47 Section Two: Short answer Marking key structure (showing all valence shell electrons) Shape (sketch or name) Polarity of molecule (polar or nonpolar) Question statistics Statistics ID = 40 Number of attempts = 4498 Highest mark achieved = 12. 00 Lowest mark achieved = 0. 00 Mean = 9. 83 Standard deviation = 2. 17 Question difficulty = Easy Correlation between question part and section = 0. 67 Species nitrogen trichloride NC? 3 Cl N Cl Cl pyramidal polar O methanal HCHO H C H trigonal planar polar O sulfur dioxide SO2 or O S bent polar O O S O carbon dioxide CO2 O C O linear non-polar Description 1 mark for each correct answer for a possible total of 12 marks. Question incorrectly answered or not attempted. Total -1 if non-bonding electrons missing overall Marks 1-12 0 12 48 Chemistry: Stage 3 Standards Guide Section Two: Short answer Candidate responses Question 32 Notes (12 marks) For each species listed in the table below, draw the structural formula, representing all valence shell electron pairs either as : or as — and state or draw the shape of the molecule and state the polarity of the molecule. (for example, water Species H O H or H O H or H O H bent polar) Polarity of molecule (polar or non-polar) Structure (showing all valence shell electrons) Shape (sketch or name) nitrogen trichloride NC? 3 methanal HCHO sulfur dioxide SO2 carbon dioxide CO2 Chemistry: Stage 3 Standards Guide 49 Section Two: Short answer Candidate responses Notes Excellent response 12/12 marks Correctly draws structures and identifies shapes and polarity of each species. 50 Chemistry: Stage 3 Standards Guide Section Two: Short answer Candidate responses Notes Satisfactory response 8/12 marks Draws and identifies shape and polarity of three species. However, presents incorrect information for methanal. Chemistry: Stage 3 Standards Guide 51

Business of Moody Downgrade Iceland †MyAssignmenthelp.com

Questions: 1.If you were a Moodys analyst in May of 2008, would you recommend that Moodys downgrade Icelands Aaa sovereign-debt rating? Why? Why not? 2.What is most worrisome in Icelands balance of payments? What is most encouraging? Why were investors concerned about Icelands net international investment position in May of 2008? 3.Should Iceland seek to join the European Union? Are there other actions the Icelandic government and business community could pursue in order to avoid a crisis of confidence? Answers: 1. Owing to the fact that Moody s Investor services is tasked with the duty to authoritatively rate Iceland's sovereignty in detail by the Icelandic Republic alongside Fitch rating and Standard Poor's, with the backing of the Central Bank of Iceland, as Moody analyst I would deliver the true position of the Icelandic sovereign due to the trust placed in the Moody Agency and the significant role played by credit ratings in International finance markets .There's heavy reliance on the credit rating by global investors in determining the borrowing ability and ability to pay thus the need to be truthful in the debt rating(Sedlabanki Islands n. d).Due to the possibility of exploitation due to the high-interest rates, as a moody analyst, I would recommend the downgrade Sovereign debt rating to protect the interests of the Icelandic economy from exploitation and because its the right thing to do as an analyst obligated to honor fiduciary duties of the best interest of the client, in this ca se, Iceland. Noteworthy, recommending a sovereign debt rating of A Iceland would be the right thing to do because it will help solve the problem because that way the Icelandic government will be aware of its true sovereign debt position and in response implement specific monetary, fiscal and regulatory measures to absolve its high sovereign debt levels as compared to covering it up which leads to further debt levels thus making it hard to clear the debt. The short term and long term sovereign debt rating findings for Iceland are negative thus a confirmed indicator of the downgrade of the sovereign debt of the Icelandic economy thus justifying the downgrade sovereign debt rating by the Moody Ratings. Due to the fact that the financial market of Iceland had been gravely affected by the unsound system of its banking sector, high sovereign debt rates as compared to foreign assets ,low economic activity, budgetary deficit and deficit balance of payment have justified the negative sovereign debt rating by Moody thus the justification of an analyst in downgrading the Icelandic sovereign debt levels. I wouldnt recommend a downgrade sovereign debt rating unless the same was supported by facts. 2. Noteworthy, Iceland s total external debt has increased profoundly over the years. Particularly, from 72.5bn (USD) $ in 2006 to 113.4bn (USD)$ in the year 2008.In addition, government debts have increased from 3.4bn$ to 3.9bn$ in 2007 -08 respectively (Musachhio 2009).In addition, Iceland foreign asset and liabilities have increased over the years which isn't good for the economy. According to the moody findings, Iceland foreign liabilities have increased from 7.2bn (USD),8.8.9.2 and 9.4bn(USD) between 2004,2005,2006 and 2007 respectively. This increasing trend in foreign liabilities in the Icelandic economy is worrisome and its imperative for the Icelandic government to implement effective measures to curb this trend. The Icelandic balance of payments has recorded large deficit during the last quarter of 2008(Kalkofnevegi and Reykjavik 2009).In addition, the Icelandic banking center is not encouraging. For instance, the Kaupthing Bank, recorded increased liabilities and equity, f rom 57,786 to 83 481 bn (USD) $ between the years 2006 and 2007 respectively. However, its impressive that the Icelandic exchange rates went up between 2005 to 2008, January and April respectively.Also, the Icelandic foreign assets have grown over the years. Specifically, foreign assets have grown from 16.3$bn,41.0$bn (USD),71.4$ to 90.2$bn(all USD) in years preceding the banking crisis. This goes to show despite the growing foreign debt figures theres growth in foreign assets belonging to Iceland thus an encouraging element of the Icelandic economy. Through the net international investment position, a nationseconomic worth is determined.Primarily, a negative net international investment implies that the country has more foreign liabilities than assets thus it's important for investors to evaluate what country suits their investment needs according to the ranking of the countries at a given point in time (Investopedia 2017). Typically a positive net investment position value implies nations assets are more than its assets thus implying a good environment for investment. Through this ranking, investors are able to make informed decisions as to the destination of investment. Further, through this ranking, the creditworthiness of a nation is exposed. Typically, net international investment position is a measure of the countryseconomic performance and health which influences foreign investor decision. Usually, countries with positive values on the net international investment position are considered very favorable for foreign investment. 3. According to a Guardian article, seconomic interests are better protected outside the European Union. Predominantly, fishing is a major revenue source for Iceland thus the need for it to be controlled by the Icelanders as opposed to foreign ownership which would be inevitable with joining the European Union (AFP In Reykjavik 2015). In addition, despite the fact that during the Crisis, Iceland wasnt a member of the European Union, other member states of the European Union still felt the effects like Iceland. Specifically, Ireland was badly affected by the global financial crisis as Iceland despite having implemented monetary policies of the European Union. This goes to prove the fact that joining the European Union isnt full proof solution to the Financial Crisis. There need for sound domestic fiscal and monetary policy to effectively cushion a country against financial shocks (Thorhallsson and Kirby 2012). Notably, the Icelandic government could incorporate open policies on investment, nondiscriminatory policies towards globalization, implement restrictive policies in protecting national economic and security interests as last resort measure to create a friendly foreign and domestic investment hub (O.E.C.D. 2009).In addition, there's need for the Icelandic government to partner with private stakeholders to restore investor confidence in the country following the banking crisis in 2008 which led to economic decline. Further, the Icelandic government should implement an effective monetary policy to curb inflationary pressures, stabilize interest and exchange rates which will, in turn, create a friendly investor environment thus restoring investor confidence. Further, if governments are able to offer incentives for foreign direct investments there will be a more foreign direct investment in Iceland and over time help rebuild trust and confidence of investors. Also, political and economic stability demonstrated by stable inflation, exchange rates and constant growth of economic activity will build investor confidence over time. In addition, there need to stabilize and soundly regulate the Icelandic financial institution's framework to cushion it against future financial shocks both domestic and global. The implementation of low entry and exit market barriers encouraged market competition, collective market research and development will go a long way in building investor confidence. References AFP in Reykjavik. (2015).Iceland Drops EU Membership Bid: Interests Better served outside Union. The Guardian.Com. Available at https://www.theguardian.com/world/2015/mar/12/iceland-drops-european-union-membership-bid#img-1[Accessed 5 Oct 2017] Investopedia.(2017).Net international Investment Position .Investopedia.Com. Available at https://www.investopedia.com/terms/n/net-international-investment-position-niip.asp[Accessed 5 Oct 2017] Kalkofnsvegi and Rejkjavik.(2009).Balance of Payments in the Fourth Quarter of 2008 and the External Position. Cb .Is. Available at https://www.cb.is/publications/news/news/2009/03/03/Balance-of-payments-in-the-fourth-quarter-of-2008-and-the-external-position-/[Accessed 5 Oct 2017] Musacchio, A.(2010).Iceland(A).Harvard Business School. Available at https://www.hbs.edu/faculty/Pages/item.aspx?num=36431[Accessed 5 Oct 2017] O.E.C.D.(2009).Building Trust and Confidence in International Investment. Organization for economic development and cooperation. Org. Available at https://www.oecd.org/investment/investment-policy/42446942.pdf[Accessed 5 Oct 2017] Sedlabanki Islands. (N. d).The Republic of Iceland s Sovereign Credit Rating. Cb.Is .Available at https://www.cb.is/about-the-bank/government-debt-management/the-republic-of-icelands-sovereign-credit-rating/[Accessed 5 Oct 2017] Thorhallsson, B, and Kriby, P.(2012).Financial Crises In Iceland and Ireland: Does European Union and Euro Membership matter?.Hi. Is. Available at https://ams.hi.is/wp-content/uploads/2014/03/j.1468-5965.2012.02258.x.pdf[Accessed 5 Oct 2017]