Essay on King Tut - 991 Words

King Tutankhamun Introduction King Tutankhamun was a Pharaoh of the Eighteenth dynasty who ruled from1333 BC – 1324 BC, during the period of Egyptian history known as the New Kingdom. He is the most recognized and probably the most famous pharaoh today because of the discovery of his tomb and his treasures. King Tut’s tomb was a major discovery of the 19th century. It was a phenomenal discovery that made headlines across the world. Up until the discovery of King Tut’s tomb, it was believed that all royal tombs had been robbed and drained of their treasure. The Discovery Tutankhamuns tomb was discovered in the Valley of the Kings KV62 on November 4, 1922 by the British Egyptologist Howard Carter. The Tomb was discovered near†¦show more content†¦A Curse has also been mentioned thought there this no real evidence of this being true. Technology used There were various uses of technology used in this excavation. Carter made the hole in the upper left-hand corner and used other tools to start to chip away at the opening. Candles were used when Carter held the candle into the darkness and permitted his eyes to adjust to the warm ancient air that exited the tomb this air made the candle flicker. The gold furniture became illuminated by the small candle. The next day, Callender came prepared with electric lights and those were set up inside the tomb. This allowed the four of them to explore the tomb more freely. Cameras were used because the tomb was eventually excavated and heavily photographed. It was largely damaged by Carters team, when sharp tools were used to remove his gleaming gold-and-blue death mask. X rays were used because archaeologists last opened Tutankhamuns tomb in 1968, when British scientist Ronald Harrison took a series of X-rays. A radiographer was used to radiographs revealed a bone fragment in his skull, pr ompting speculation that the boy pharaoh was killed by a blow to the head. Also a various of other tools were used to excavated the area. Careers involved Though there are many careers that made this discovery possible Howard Carter was an English archaeologist and Egyptologist born in Kensington England. Lord Carnarvon was a silent financialShow MoreRelated King Tut Essay1998 Words   |  8 Pages King Tutankhamen The Boy King King Tutankhamen ,or King Tut, was one of the youngest kings to reign over any country. amp;#8220;The Boy King; is best remembered for his magnificent funeral treasures, including his elaborate golden burial mask. King Tut achieved a measure of immortality through his glittering burial treasures. nbsp;nbsp;nbsp;nbsp;nbsp; King Tut was an Egyptian pharaoh of the 18th dynasty who reigned from about 1348 to 1339 BC. His name can be spelled a variety of ways includingRead MoreThe Death of King Tut Essay617 Words   |  3 Pagesis there no positive evidence to suggest how he died. However, there are several theories and many of which have changed over the years. One theory suggests that King Tut was murdered. During an xray of the mummy in 1968, scientists found â€Å"bone fragments in King Tut’s skull prompting this theory†. Another theory as to what caused King Tut’s death was a genetic disorder known as gynecomastia, a hormone imbalance which gives males a female appearance. The final theory was that he died from a â€Å"breakRead MoreKing Tut s Curse, Real Or Fiction?1731 Words   |  7 PagesKing Tut’s Curse, Real or Fiction? Ancient Egypt was my favorite topic in social studies. As far back as I could remember. I have always been interested, especially since Egypt is a neighboring country to Libya, my second home. The world is still fascinated, and intrigued by its mysteries. Who build the pyramids? How were they built by? One of the most asked questions were. Who was King Tut? Was there really a curse? King Tutankhamen took reign at the very young age of nine, after his father Akhenaten’sRead MoreThe Excavation Of King Tut s Tomb951 Words   |  4 Pagesknowledge about the world of the past is opened. The Colosseum built under the reign of Emperor Vespasian of Rome and the Gà ¶bekli Tepe of the Neolithic Era prevail as one of the most extraordinary structures of the ancient world (#). The excavation of King Tut’s tomb further unveils valuable information about life in ancient Egypt. An architectural structure like the Colosseum reflects the values and cultures of the ancient Roman civili zation. This freestanding elliptical amphitheater has the capacityRead MorePharaohs King Tut was a fascinating pharaoh at most. There isn’t much on who king Tut was or when700 Words   |  3 PagesPharaohs King Tut was a fascinating pharaoh at most. There isn’t much on who king Tut was or when he was born or how he died. But some people have dedicated there lives to find out who he was. He was born during the Golden Age. He became king a surprisingly young age. He achieved many things and had an important job. His death was and still is a mystery to most. It was said he wasn’t in his original tomb. But he was eventually found. King Tut became a Pharaoh at a really young age and he had manyRead MoreKing Tut s Death Mask And The Statues Of Rameses2207 Words   |  9 Pagesthrough the glass enclosing the precious jewels, fragmented pottery and statues, and frayed and often threadbare garments that before adorned peasant and monarch alike. Nevertheless, it is the fascinating intricacies and myths surrounding pieces such as King Tut’s death mask and the statues of Rameses the Great that still grip one with awe and leave lingering unanswered questions behind. What was Egypt like during the reign of each of these age-old monarchs? Even more so, what traits and morals did eachRead MoreThe Curse on King Tutankhamen827 Words   |  3 Pages The Curse of the Pharaoh, King Tutankhamen, is world renowned and a very popular book and movie topic. Although these works are interesting, they do not cover the entire story. There is so much more to the curse that many people do not know. As you read this paper, you will begin to understand the truth of the curse, not what Hollywood wants you to know. So, what is the curse? The Curse of the Pharaoh was uncovered after the discovery of King Tutankhamen’s in March of 1923. A novelist whoseRead MoreThe Excavation and Discovery of Tutankhamuns Tomb Essay870 Words   |  4 PagesExcavating the Tomb of Tutankhamun, Tour Egypt, http://www.touregypt.net/featurestories/tutexcavation.htm accessed 16/5/14 Hurley T, Medcalf P, Murray C, Rolph J, Antiquity 1, Oxford University Press, 2008, pp 91-94. Author Unknown, 2000, Entering King Tut’s Tomb 1923, Eyewitness to History, www.eyewitnesstohistory.com accessed 16/5/14 Saunders J, 2012, Howard Carter and the Tomb of Tutankhamun, History in an hour, http://www.historyinanhour.com/2012/11/04/howard-carter-and-the-tomb-of-tutankhamun/Read MoreThe Artistic And Architectural Evidence For The Nubian Assimilation Of Egyptian Forms And Ideas934 Words   |  4 PagesIII made it and Ramesses II made the additions. Sadly, early Christians defaced most of the artifacts. It was originally for the Nubian version of Horus, later they rededicated to Amun-Re. The oldest temple is Amada, from the 18th and 19th dynasty King Tut the III and Amenhotep II were involved with its creation. The preservation of the temple is due to Christians plastering over the reliefs. In the back of the temple there are inscriptions that tell about the wars in Syria of Amenhotep II’s andRead MoreWhy King Tutankhamun Is So Well Known?942 Words   |  4 Pagesthings they had to do, but those are just three of the main ones. In most civilizations these rulers were called kings, but in Ancient Egypt the kings, or rulers, were also called pharaohs. One of these pharaohs was a boy that went by the name of King Tutankhamun, or King Tut for short. This young king is perhaps one of the best known pharaohs of this time period. In order to find out why King Tutankhamun is so well known we can look at his early life, his time in power, and his death. In 1341 B.C.E

Interview With A Social Worker - 1687 Words

I recently conducted an interview with a Social Worker by the name Kathryn Schley. She has her Masters of Social Work, she is a Licensed Clinical Social Worker and is currently the Homeless Services Program Manager. The company she works at is called Southlight, a private non-profit health care organization. SouthLight’s mission is to, â€Å"meet the holistic needs of individuals facing addiction, mental illness, and chronic health challenges, by delivering compassionate and coordinated behavioral healthcare with successful outcomes† (SouthLight, 2012). Throughout this interview she provides advice, personal experiences, and tips for success in the Social Work profession. I decided to interview her because I am interested in Health Care social work. She has had experience working for numerous health care facilities including the prestigious Duke Health’s HIV agency. She also worked at an unnamed health care facility as a receptionist, where she began to make programs to fit the clients needs, something that was not being done in that facility at that time. She is currently working at Southlight Health Care and helps plenty of clients get all around health care. Kathryn is a homeless services program manager, in a normal week she helps engage homeless people into health care, attends a lot of meetings, does counseling for patients, conducts a lot of research of the best practices. Her goal is to get more people to attend SouthLight and get the help that they need. She helps peopleShow MoreRelatedInterview With A Social Worker1330 Words   |  6 PagesFor this assignment, my partner and I decided to interview a social worker whom led me to develop my aspiration for this career. Michelle Hayes is a private practice counselor, who has encountered much experience and knowledge through social work agencies, leading her to be very successful. For this assignment, I decided to interview Michelle Hayes, because not only did she counsel me, and positively impact my life, but I would be more than pleasured to be enlightened with knowing how she becameRead MoreInterview With A Social Worker1175 Words   |  5 Pages Interview with a Social Worker I have often exaggerated the workplace and lifestyle of a social worker. After meeting with a fellow social worker, I am now able to understand their busy lifestyle. A social worker has to consider the struggles clients have experienced and hear their narratives. At the same time, these social workers need to keep their life in order in a professional and healthy way. A social worker I had the chance to meet, has endured four years of training at Thompson RiversRead MoreInterview With A Social Worker1539 Words   |  7 PagesInterview with a Social Worker Social workers provide professional support and wide variety of services to people who have social difficulties, and are trained to address human needs. They can work in different settings and can specialize in working with people, groups and communities, at all stages of life, from young children to older adults. The role of a social worker varies depending on what setting they are working in, like a hospital or a school. People enter social care from many differentRead MoreInterview With A Social Worker2054 Words   |  9 Pages For this assignment, I decided to interview my aunt because she has been a social worker for about thirty years, and has a lot of experience. She attended Dominican college in Orangeburg, New York where she graduated with a bachelor’s degree in Psychology. She then went to graduate school at Montclair State in New Jersey where she received her master’s in psychology. After this, she decided to go back to school for her MSW, which she received from SUNY Albany. Since she graduated, the onlyRead MoreMy Interview Of A Social Worker1587 Words   |  7 PagesMy Interview of a Social Worker According to the National Alliance on Mental Health , â€Å"1 in 5 children ages 13-18 have, or will have a serious mental illness† and â€Å"50% of all lifetime cases of mental illness begin by age 14 and 75% by age 24. Children are entering counseling and psychotherapeutic services at earlier ages than ever seen before. The role of social work has progressed from one of counseling to one that encompasses case management, discharge planning, psychotherapy, crisis interventionRead MoreMedical Social Worker : The Interview1175 Words   |  5 PagesMedical Social Worker: The Interview â€Å"Diversity makes for a rich tapestry. We must understand that all the threads of the tapestry are equal in value, no matter their color; equal in importance no matter their texture,† by Maya Angelou. I met my interviewee, Bill Hemphill through a mutual relative in my family who was generous enough to provide his contact information. Although he was he was a busy man, he agreed to let me interview him at his office. At first, I thought he was very strict and sympatheticRead MoreSocial Worker interview Assignment877 Words   |  4 PagesSocial Worker interview Assignment February 20, 2012 Credentials: MPLSW (Master Psychologist Licensed Social Worker) Contact information: Name of Agency: 1) Agency’ s purpose and number of clients. For Bluegrass mental health broad is to provide therapy for substance abuse services for all population within central Kentucky. Each counselor in this office averages about one hundred and sometimes it is more. There are about 12 counselors so we serve 16 counties. Read MoreEssay Interview with a Social Worker2249 Words   |  9 Pagesthere was no question that my interview with a social worker would involve someone who is involved in this area of practice. I did a small amount of internet research and discovered the All Nations Coordinated Response Network (ANCR) in Winnipeg. I discovered that within the Child and Family Services system this agency is generally the first point of contact. With an interest in front line work, I decided to make contact with this agency in hopes of scheduling an interview. I made a phone call toRead More Interview with a Social Worker Essay2027 Words   |  9 Pagesgeneration of Social Workers. Native to Ohio, he graduated High School in 1979, he continued his education at Ohio State University from 1982-1986, completing his Masters in Social Work. For the past 24 years, he has served as a Social Worker in the United States Army. In his current position he is responsible for the Department of Social Wor k Services. Previous positions have included: two assignments as a Division Social Worker, Medical Inpatient Social Worker, Chief of Social Work, DivisionRead MoreInterview, A Licensed Social Worker And Write An Experience Paper About The Interview Essay1624 Words   |  7 PagesFor Mrs. Hewes the Introduction to Social Work class we were asked to interview a licensed Social Worker and write an experience paper about the interview. Finding a social worker to interview wasn’t very hard for me because many of my mother’s friends got their masters in social work, but not many of them actually got their license except for one of them. The licensed social worker that I interviewed goes by the name of Tanya Hill. Tanya got her Masters of Social Work at Florida State University in

Nicaragua People And Way Of Life Essay Example For Students

Nicaragua: People And Way Of Life Essay Most Nicaraguans are mestizos. That is that they have white andIndian ancestors. There way of life is somewhat similar to that of SpanishAmericans in other Central American countries. Most people belong to theRoman Catholic Church and speak Spanish. Most of Nicaraguas people arepoor farmers. Many of those in the Pacific Region are peasants who work ontheir own farms, cooperatives, state farms, or large private farms. Inwarmer areas, agriculture workers live in metal roofed houses. In thecolder areas of the Central Highlands, they live in adobe houses with tileroofs. The only Indian groups in Nicaragua that follow their own languagesand their old ways of life are in the thinly populated Caribbean Region. In the early 1980s some of these Indians became involved inanti-government things. Because of this, the government moved some Indiangroups from their homes near the border to areas in the interior ofNicaragua. EducationNicaragua has a law that requires children to go to school from theage of six through twelve. Before 1980, only about half the children didso because they were poor and couldnt afford to be sent or it was thatthere werent many schools around where they lived. Nicaragua did not haveenough schools, and many rural areas had no schools at all. But since thenthe new government has built hundreds of schools. The government also helda successful literacy campaign headed mainly by young volunteer teachers. Nicaragua has two universities. The national University of Nicaragua,in Le?n and Managua, is the older and larger one. It was founded in 1812and has more than seven thousand students. The Central American Universityis a Roman Catholic institution in Managua. GovernmentA president heads the government of Nicaragua. The people elect thepresident and a legislature called the National Assembly. The presidentappoints a Cabinet to help carry out the operations of the government. This government is very similar to our own government. The president, most of the Cabinet members, and the majority of theNational Assembly members belong to a political party called the SandinistaNational Liberation Front. In 1979, the Sandinistas led a revolution thatoverthrew the government of the Somoza family, which had long ruledNicaragua. From 1979 to 1984 the Sandinistas controlled the governmentlargely through a three-member junta, or a ruling body. The president andthe national assembly were elected in 1984. HistoryIn 1502 Christopher Columbus claimed Nicaragua for Spain. TheSpaniards did not really settle in Nicaragua. Many pirates set up hideoutsand Dutch as well as others went to Nicaragua instead. On September 15, 1821 Nicaragua and other Central American statesdeclared their independence. They later became part of the Mexican Empirebut broke away in 1823. They formed the United Provinces of CentralAmerica. This union generally followed liberal economic and politicalpolicies. The union began to fall apart because of conservative landownersand the clergy to regain their old privileges. In 1838 Nicaragua left theUnion. In 1979 their was a civil war which drove the Somoza family out ofgovernment office. They had ruled from 1937 to 1979. Somoza wasassassinated in 1980 while leaving the country as an order by the rebelswho fought and won.

Their Eyes Were Watching God Analysis Essay Example For Students

Their Eyes Were Watching God Analysis Essay The Struggle for the Perfect ManWhen we find a love interest and have an opportunity to commit to him or her, we usually do, not noting the consequences we may face by doing so. The first few times around, however, the outcome is usually not the one we had expected and hoped for. Theodore Dreisers Sister Carrie and Zora Neale Hurstons Their Eyes Were Watching God portray two young women on their trek to find the perfect love. Even though Carrie Meeber and Janie Crawford have almost nothing in common, they both shared the impact of the same consequences. Carrie and Janie show how people of countless numbers of backgrounds can share the same experiences and consequences through their journey of love. We will write a custom essay on Their Eyes Were Watching God Analysis specifically for you for only $16.38 $13.9/page Order now The first relationship often makes a big impact on the person, one that they will never forget.Carries journey begins on her train ride to Chicago. A very handsome and rich man, Drouet, takes note of Carrie and begins talking to her. She becomes overwhelmed at his quick advancement upon her and becomes weak and vulnerable. She quickly takes interest in him and does not know how to act or what to think as shown in this passage:There was something satisfactory in the attention of this individual with good clothes.She realized that she was of interest to him from the one standpoint which a woman both delights in and fears. Her manner was simple, though for the very reason that she had not yet learned the many little affections with which women conceal their true feelings. (pp. 11-12, Sister Carrie)Carrie didnt know what to expect when she got together with Drouet. She loved the wealth and money, and believed she loved Drouet. After a while she began to realize that she really didnt love him. But she thought that marriage would be a guarantee against losing his affection and generosity.Janie, on the other hand, was forced into her first relationship, in which this case was a marriage. Janie thought she could grow to love Logan, but did not. She soon learned that marriage did not make love. Logan did nothing wrong, Janie was just looking for something else, someone who could love her the way she wanted to be loved. In the second relationship, things are often thought to be better, but its not always the case. Both Carrie and Janie thought that they could make their lives better if they could just leave what they had behind and go off with someone else who they thought could be what they had always dreamed of. Janie meets Joe Starks, who tempts Janie into leaving Logan by telling her You aint got no mo business wid uh plow than uh hog is got wid uh holiday!A pretty doll-baby lak you is made to sit on de front porch and rock and fan yoself (p. 28, Their Eyes Were Watching God). Janie eventually finds unhappiness with Joe but doesnt do anything to escape from him. Carrie meets Hurstwood, and begins seeing him. After Hurstwood goes bankrupt, Carrie gets a job and leaves Hurstwood after learning that she can support herself. The third time around is where Carrie and Janie suffer the worst consequences. Carrie meets a young man named Robert Ames. Despite the kindness he intrigues her with, he was not concerned with emotions towards Carrie. She was left in loneliness only to dream of what she didnt have, as noted here: In your rocking chair, by your window dreaming, shall you long, alone. In your rocking chair, by your window, shall you dream such happiness as you may never feel. (pp.464-465, Sister Carrie). Janie finally met the true love of her life, Tea Cake. He treated and loved her the way she wanted him to. Unfortunately, Tea Cake contracted rabies and Janie had to shoot him out of self defense. .ud2d0a6dccc38569dbe7c111ec77fb5d5 , .ud2d0a6dccc38569dbe7c111ec77fb5d5 .postImageUrl , .ud2d0a6dccc38569dbe7c111ec77fb5d5 .centered-text-area { min-height: 80px; position: relative; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 , .ud2d0a6dccc38569dbe7c111ec77fb5d5:hover , .ud2d0a6dccc38569dbe7c111ec77fb5d5:visited , .ud2d0a6dccc38569dbe7c111ec77fb5d5:active { border:0!important; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .clearfix:after { content: ""; display: table; clear: both; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud2d0a6dccc38569dbe7c111ec77fb5d5:active , .ud2d0a6dccc38569dbe7c111ec77fb5d5:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .centered-text-area { width: 100%; position: relative ; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud2d0a6dccc38569dbe7c111ec77fb5d5:hover .ctaButton { background-color: #34495E!important; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud2d0a6dccc38569dbe7c111ec77fb5d5 .ud2d0a6dccc38569dbe7c111ec77fb5d5-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud2d0a6dccc38569dbe7c111ec77fb5d5:after { content: ""; display: block; clear: both; } READ: INTRODUCTION Argumentative EssayLove is a very complicated subject. No one knows whom he or she will find as their true love, nor do they know when. We go through many different experiences and can share and understand one anothers, from prior experience ourselves. Carrie and Janies stories are just examples of what one might find on his or her journey through love, and they help us to understand why things happen the way they do. Even though everyone may not go up the same path at the same time, they all end up going down one main road, and therefore suffer the same consequences as everyone else has.

Bonus Banking Case of UBS

Bonus Banking Case of UBS Introduction Background Employees of financial institutions have been considered for quite some times as being among the top earners in the country. Indeed, financial service organizations have defended their compensation and bonus structure, claiming that it helps them attract, recruit and retain the best talent. In addition, these organizations have previously claimed that their employee are remunerated based on their performance.Advertising We will write a custom report sample on Bonus Banking: Case of UBS specifically for you for only $16.05 $11/page Learn More Therefore, employees will be motivated to work hard and in return create long-term value to all the organizations’ stakeholders. On the other hand, it would be expected that when an organization underperforms, the employee will similarly be affected and hence their bonus reduced (Pert Clark 2010) However the recent events, prior and during the global financial crisis, have clearly proved t hat this has not been the case. Most financial institutions were heavily criticized for their continuous persistence of highly rewarding their employees, especially top executives, despite their poor financial performance. In deed, there is clear evidence to support this augment. For instance, despite Citigroup and Merrill lynch, suffering losses of not less $ 27 billion dollar, they still paid bonuses; the first one paying $ 3.6 billion and the latter $ 5.3 billion. Likewise, Morgan Stanley, Goldman Sachs and JP Morgan Chase, in the year ending 2008, paid out bonuses that were higher than their annual earnings. To be specific, Morgan Stanley paid $ 4.5 billion dollar despite making $ 1.7 billion. Similarly, JP Morgan chase paid 8.7 billion dollar after making $5.6 billion and, last but not, least, Goldman Sachs paid $ 4.8 billion while the earning was $ 2.3 billion (Pert Clark 2010). Such actions lead to a public outcry by various stakeholders; including shareholders, the media, r egulators and even some of the staff. In addition, it strained the relationship existing between these institutions and their customers, with most of them perceiving the organization as to lack accountability and integrity. Certainly, the institutions have come to the realization that the previous systems of incentive do not serve their intended duty of creating the long-term value. It is for this reason; they have opted for other alternatives, such as Bonus banking, which they believe will create both short-term and long-term value by building greater relationships with stake holders such as customers and employees (Pert Clark 2010; Watkins Warren 2010).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Aim This report will therefore aim to investigate the potential of bonus banking. It will study the benefits of this compensation by comparing it to the previous system. Studying UBS, a financial institution which has opted for this approach, will give a clearer picture. Case Study: UBS UBS is among the largest financial services organizations in the world. Priding itself with more 150 years of experience, this organization offer wealth management, investment banking and asset management services for corporate, institutions and high net worth individuals around the world. In fact, it is considered as the second world largest private wealth manager. The organization, whose headquarters are in Zurich and Basel, Switzerland, is cited as the biggest in that country. In addition it has over 50 offices around the world, most of them in major financial cities. The bank is also a major employer with about 65,000 employees directly under it (UBS 2010). Just like any other major financial service organization, this institution was had hit by the global financial crisis. By august 2008, it was established that it incurred the biggest lost among its peers in Europe. Ac tually, it was faced by double tragedy. Apart from the effects of the crisis, the organization was charged with allegation of helping its US client evade taxes. These allegations had profound effects on it. They threatened its continuity and hence the government opted to unveil a substantial bail out plan to help it stay afloat. This did not escape the eye of the general public. In view of the possibility of its action affecting its relation with existing and potential new clients, the institution opted to adopt some reforms. Accordingly, a bonus banking system was adopted since it appeared as the best option to counter the perception of greed associated with the institution (UBS 2010; Irv 2009; Kamil Rai 2009). UBS Bonus Banking System According to Christie (2009), bonus banking is an incentive practice whereby a certain amount of annual earned bonus is banked in a special account referred to as a bonus account. The banked bonus is paid in specified proportion in the years followi ng.Advertising We will write a custom report sample on Bonus Banking: Case of UBS specifically for you for only $16.05 $11/page Learn More Its major difference with the heavily criticised bonus plan is the fact that negative bonus also known as mulus can be declared and subtracted from the accumulated bonus. This usually happen, if the employees underperforms and is generally reflected in the organization, especially financially (Pert Clark 2010; Christie 2009). UBS bonus banking system was motivated by the belief, that if properly executed, executives will no longer work for the short-term interest motivated by the annual bonus. This system will target senior executives, division leaders and high risk traders, who are in charge of trading a substantial amount of the institutional capital. The annual bonuses, both in terms of shares and money, earned will be held in special accounts for five years. This stipulation is believed, by its designers, that it wi ll ensure the categorized employees to act in line with corporate strategy, and hence enable the organization achieve both its short and long-term. It diminishes the possibilities of the executive operating with an intention of quickly making short-term gains which will see their annual bonus increase (UBS 2010; Irv 2009; Heineman, Goodman Downes 2009). The employees will be expected to act within the set policies. Performance will be measured and negative bonus applied; if the performance target is missed, are breach of trading rules is experienced, or whereby personal misconduct affects the organization. On the same font, if a financial loss is experienced by the company or any of its division, or any cases whereby asset write-down occurs, the employee in charge will incur a negative bonus. Persistence negative performance can result in completely wiping out bonuses previously earned in terms of shares or a two-third reduction in the amount earned in cash (Irv 2009). Incentive Pl ans and Customer relationship There is, if any, a very thin line between the customers and investors in financial service organizations, such as UBS. For example, all its clients in its investment bank arm double up as investors. Perhaps only in its Swiss Bank UBS, which offer retail services, one can at very minimum observe the difference.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nevertheless, due to the sensitivity involved in offering the financial service, building a relationship between the institution and the customers can be an uphill task. The connection between executive compensation plans, and global financial crisis affected the relationship negatively. Customer, especially at the UBS, need to feel that their interest is protected and the risk is minimized (Irv 2009; Watkins Warren 2010). UBS and other banks targeting corporate and high net worth individuals have mastered the art of managing customer relationship. Having this group, as a niche market, call for perfectionism. This is because they are usually well aware of their rights as customer and have the capability of easily moving to another FSO that they feel will suit them adequately. Nonetheless, the previous bonus incentive plan has had some benefits. To begin with, if properly linked with the organization’s mission and vision, the incentive would have served as platform of attract ing, recruiting and retaining the best talent. This group of employee would therefore be motivated, posses customer relationship skills and hence ensure the institution enjoys a high revenue and rate of return. Despite attracting great talent at UBS, and various strategic manager outlining the employee incentive plan will help achieve both the short-term and long-term, the approach fell short of expectation. Indeed, this compensation plan was not focused on longer-term objectives. It failed to link the risk and reward and therefore allowed employee to take short term approach that ensured performance in the period appeared favourable. Eventually this affected negatively the organizations by putting the clients’ investments and deposit was at risk. At one point, the risk was too much to bear and the clients opted to end their business. It took the intervention of a former and retired Chief Executive to convince them otherwise (Pert Clark 2010). With the new bonus banking syst em, the relationship between the institution and its clients is expected to improve in the long-term. Employees, especially executive, who a responsible for decisions and actions that can significantly affect the organizations, will automatically be directly affected by both the short and long-term performance of the organization. The potential to either gain or lose bonuses depending on their performance is viewed by many clients as form of increasing both institution and employees’ accountability. Employees just like clients and investor can directly lose both money and shareholdings (Pert Clark 2010). Nerveless, as cited by Christie (2009), Bonus banking can at times fail to motivate employees. One reason for this is because the system does not allow for employees to enjoy the immediate reward of their effort. In addition, are form of insecurity develops considering the bonus earned previously can be significantly reduced and sometimes claw back applied. For that reason, employees might be reluctant to put extra-effort and hence result in either average or just above average result. This performance will be observed by the clients and potential harm any profitable relationship. Incentive Programs and Sales People Without a doubt, sales people play an integral role in any organization. The importance of their duties is further propelled when the institution in question offer financial and investment services. When the organization deals with ultra high net-worth and/or just high net-worth individuals, the sale’s people need to be equipped with the resources, knowledge and motivation needed to handle this unique group of client. Such is the case at UBS. This institution implicitly states that its sales force support its business in a very significant way. It is the sales people who regularly come in contact with clients and potential clients and in the process offer financial and investment advice. Similarly, they are responsible of ensuring th e existing clients are retained and potential new customers procured (Levil and Curtis 2010; UBS 2010). However, to ensure that this group of employees maintain a consistent high performance, sale’s managers have opted to adopt various recognition and sales incentive programs. Sale incentive program usually target to reinforce a certain behaviour that an organization perceive to be contributing towards its objectives (Levil Curtis 2010). Levil Curtis (2010) claims, there is enough evidence to support the premise that an effective incentive programs can increase sales team performance by approximately 30 percent. The program adopted at UBS aim to retain the best talented sales people while at the same time encourage them to engage in practices that maintain and increases their business. Judging by the number of awards this organization has received through out the countries it operates; it was considered to be on the right track (UBS 2010). A sale’s manager, neverthel ess, faces quite some challenges while designing an incentive program. They can range from the internal impact they have on the institution, to external influence. For starters, it is an expensive endeavour. Official figures estimate that businesses in the US spend about $ 9.5 billion and $101 billion on non-cash and cash incentives respectively. Therefore managers have to ensure the program adopted serve the organization’s both short-term and long-term goals. Both the institution and the sale’s people want to recoup their investment, and earn their returns at the shortest time possible. This therefore increases the chance of entering in practices that might affect the organization and stakeholder negatively; especially customers. To be eligible for the incentive reward, sales people have to hit a certain sales target. They can at times be tempted to apply even unscrupulous practice to close a sale deal. Sales manager therefore need to be well aware of this issues sinc e they can have negative legal implication on the institution. For example, customers have various rights, such as right to information. This is particular important to financial service organization such as UBS. Legislation across Europe and other countries entitled the person issuing investment opportunity to provide the client with prospectus and/or statement of investment. These documents are meant to clearly elaborate the nature of the investment; such as the background, potential return and risk involved. Sale’s people, to increase their chance of reaching the target, can decide to withhold any information that might make their client reconsider the offer. A good example is belittling the risks involved and exaggerating the potential return (UBS 2010; Glick 2009; Levil and Curtis 2010). Sales managers also need to consider the tax implication of any incentive program adopted. Employers therefore should be ready to declare the value of any benefits and incentive enjoyed by this group both in terms of cash and non-cash. In the US, the legislation set and govern by the IRS specify this benefits to be taxed as ordinary income. Effectively taxing the incentives and high bonuses especially those rewarded to senior sale executives can potentially reduced the negative public perception. Although this cannot be a solution by itself, the financial institutions need to contribute a larger percentage of the money which is used to bail them out in moments of crisis (Cleverley Rai 2010). Conclusion Financial services organisations have been forced to change their incentive compensation plan in order to balance between short and long-term. This was necessitated by the fact that, the recent financial system was closely associated to the bonus systems that previously existed. As a result, the relationship existing between these organizations and other stake holders such as customer and even some employees was negatively affected. Accordingly, companies such as UB S have opted to adopt bonus banking so to ensure long-term value is created. Employees, just like customers and shareholders, will have to directly lose in case the organization underperforms. Reference List Christie P. (Mar 2009) ‘Is bonus banking the answer to banking?’ Financial  World, March 2009. Cleverley, B. (2008) Tax Consideration in a Sales Incentive Program: Avoid Future Legal Surprises. Corporate information, 12(7), pp. 123-42. Glick, R (2009). Comparing the Recent Global and the 80’s Asian Financial Crisis. Economic Paper, 4(2), 7-22. Heineman B, Goodman, N and Downes, K. (2009) Balancing Long and Short term Goals to achieve the corporate strategies: Lessons from the Meltdown. Leeway journal of finance, 12(25). 32-40. Irv, M. (2009) Will the Bonus-Mulus System restore UBS Public Perception.  Centre of Finance, 2(1), pp. 10-23. Kamil, H and Rai. (2010) Effect of Financial Crisis on Foreign Banks Lending.  The NIS bank Working Paper, 10 (102).10- 34. Levi, N and Curtis, M. (2007) Respecting Consumer Right When Closing the Deal: Salespeople Motivation. Consumers’ right and Information guide,  8(2), pp. 12-28. Pert, L and Clark. (2010) The Role of Executive Compensation Plan in the Global Crisis. International journal of economics, 20(8), pp. 10-45. UBS (2011) UBS Global Home Page [Online] Available from  https://www.ubs.com/global/en.html . Watkins, M and Warren, K. (2010) Adopting Reforms in the Current Pay Plan through Bonus Banking. Adept research journal, 3(6), pp 15-28.

Learning the Mandarin Chinese Tone System

Learning the Mandarin Chinese Tone System The Mandarin language has a fundamental difference from Western languages: it is tonal. Tones are one of the biggest challenges for Mandarin learners, but their mastery is essential. Incorrect tones can make your spoken Mandarin difficult or impossible to understand, but using the correct tones will allow you to express yourself clearly. Mandarin tones are especially difficult for speakers of Western languages. English, for example, uses tones for inflection, but this is a very different usage from Mandarin. Rising tones in English often imply a question or sarcasm. Falling tones may be used for emphasis. Changing the tones of a Mandarin sentence, though, could completely change the meaning. Let’s take an example. Suppose you are reading a book and your brother (or sister or child) keeps on interrupting you. You are likely to become exasperated and say â€Å"I’m trying to read a book!† In English, this would be said with an emphatic falling tone at the end. But if you use a falling tone in Mandarin, the meaning completely changes. WÇ’ yo kn shÃ… « I want to read a book.WÇ’ yo kÇŽn shà ¹ I want to cut trees! The second version of this sentence would have your listeners scratching their heads. So practice your tones! They are essential for speaking and understanding Mandarin.

Learning the Mandarin Chinese Tone System

Learning the Mandarin Chinese Tone System The Mandarin language has a fundamental difference from Western languages: it is tonal. Tones are one of the biggest challenges for Mandarin learners, but their mastery is essential. Incorrect tones can make your spoken Mandarin difficult or impossible to understand, but using the correct tones will allow you to express yourself clearly. Mandarin tones are especially difficult for speakers of Western languages. English, for example, uses tones for inflection, but this is a very different usage from Mandarin. Rising tones in English often imply a question or sarcasm. Falling tones may be used for emphasis. Changing the tones of a Mandarin sentence, though, could completely change the meaning. Let’s take an example. Suppose you are reading a book and your brother (or sister or child) keeps on interrupting you. You are likely to become exasperated and say â€Å"I’m trying to read a book!† In English, this would be said with an emphatic falling tone at the end. But if you use a falling tone in Mandarin, the meaning completely changes. WÇ’ yo kn shÃ… « I want to read a book.WÇ’ yo kÇŽn shà ¹ I want to cut trees! The second version of this sentence would have your listeners scratching their heads. So practice your tones! They are essential for speaking and understanding Mandarin.