JPMorgan Chase Research Paper Example | Topics and Well Written Essays - 750 words

JPMorgan Chase - Research Paper Example 1. Discussion on How Administrative Agencies Like The Securities And Exchange Commission (SEC) Or The Commodities Futures Trading Commission (CFTC) Take Action In Order To Be effective in preventing high-risk gambles in securities / banking, a foundation of the economy In the modern day context, financial sector forms a major part in the economic system of any country, irrespective of its global positioning. The fact can also be observed evidently even in the case of the US, which faced massive turmoil due to the downfall of JPMorgan Chase, a large financial services firm supposedly considered to a pillar of the US economy. In order to maintain legitimacy in these firms, the US government has been making attempts to regulate the financial dealings and the transparency of these organizations through the imposition of various policy measures. Correspondingly, many governmental bodies have been set-up, which are solely responsible to monitor the activities of the US financial system. For instance, the administrate agency, Commodities Futures Trading Commission (CFTC) helps in regulating the trading of options and futures as well as the banking sector. The CFTC, in order to prevent the high risks in securities or banking sectors, has been involved in implementing effective programs to trace and take actions against unethical behavior in the business process. Therefore, it protects the economy from many types of frauds related to commodity market, foreign currency trading, commodity pool participants and brokers activities (U.S. Commodity Futures Trading Commission, n.d). The important elements, which are required to form a valid contract, usually involve an offer with a legal purpose by the offeror, free consent of the offeree, acceptance, consideration, competent parties, mutuality of obligation (Texas.gov, n.d.). Today, in the US, the customers are considered as a valuable asset for the banks

The Economic Environment of Business Essay Example | Topics and Well Written Essays - 3000 words

The Economic Environment of Business - Essay Example Other market drivers for these milk products are the increased variety of products including flavoured milk, and also the increased advertising efforts by companies. Suppliers and processors of milk products have adopted measures that aid them to act on interest of consumers. However the market for milk products faced difficulties in the year 2001 to 2002 due to very low farm gate prices and the foot and mouth diseases that affected UK herds, UK milk quotas and the low farm gates has led to the prices being lower than the cost of production placing the farmers under great pressure and also extend on their limits. 2 Some of the major companies in the UK involved in the production of milk and milk products include; Robert Wiseman Dairies, Unilever Best foods UK Ltd, The Yeo Valley Organic Company Ltd, The Kerry gold Company, Kraft Foods UK Ltd, New Zealand Milk Product Ltd, Dairy Crest Group and the Muller Dairy company. 3 Milk and milk products producing firms assume an oligopoly market structure where there are restrictions or barriers to entry, these barriers to entry are associated with health issues and also the prevention of unhealthy competition, market prices are causing these firms to shut down and also the farmers are under pressure in the production of milk to these prices. Market structure that exists: The market structure that exists in this industry is an oligopoly structure, an oligopoly market structure the market is usually dominated by a few firms, this type of market structure falls between a perfect competition and a pure monopoly. This type of market there are times when there is high competition while at other times the firms in an oligopoly may collude by fixing prices and dominate the market.4 The firms in an oligopoly market are faced with a kinked demand curve and this is for the simple reason that if a firm raises the price of the product it is not followed by others. On the other hand if it reduces its prices he is followed by the others, this is the reason why the demand curve at high prices of the product is quite elastic and at lower prices the demand curve is quite inelastic. 5 This is diagrammatically illustrated below: Determination of price and quantity The average revenue curve represent the demand curve which in this case is kinked, if a firm in this industry raises its price it is not followed by others, if it reduces its price it will be followed by others, therefore the price and quantity in this industry is determined by the price of others, one firm will not raise its prices without considering the decisions to be made by other firms.6 However sometimes the firms may collude and dominate the market, therefore the price in this kind of market is determined by market forces and in this case they become price takers and sometimes the price is determined by the firms and this case they become the price makers. Barriers to entry Barriers of entry into the milk producing industry is necessary in that it helps in the prevention of

Recreational Beach Water Essay Example | Topics and Well Written Essays - 500 words

Recreational Beach Water - Essay Example The waterborne pathogens are classified as bacteria, protozoa and virus. Each of these is attributable to specific illnesses. Commencing with bacteria, there are two major classes of bacteria that are greatly attributed to causing diseases in recreational water. According to the Centers for Diseases Control and Prevention, they are Fecal coliform and the Escherichia coli. Fecal Coliform is usually found in the gut and feces of human being and other warm-blooded animals. They find their way into recreational water through sewage and runoff waters. They are attributed to the cause of diarrhea. According to Parry and Palmer (2002), Escherichia coli cause bloody diarrhea and kidney illness. Such diseases are usually contracted through swallowing of the contaminated recreational water Moreover, a plethora of viruses and protozoa are renown for causing diarrhea and other gastrointestinal infections. Other recreational water infections include skin infections, ear infections, respiratory infections, eye and neurological infections (Centers for Disease Control and Prevention). The first challenge faced in monitoring and managing beach water is the fact that pool codes and inspection items vary across jurisdictions (Wymer, 2007). Consequently, there are varied reports about the results of the tests carried out. Thus, there is need to facilitated a collection of pool inspection data in standardized and electronic format. This may also help in enhancing routine analysis hence perpetuating the efforts of reducing health and safety risks for recreational water users. Another prominent problem is lack of worker safety response tool kits. Some beaches and pools lack the appropriate toolkits for workers who monitor beaches and pools. Another challenge is that there is increased tendency of violating of various pool codes. For instance, many pools and beaches have improperly maintained pool logs, unapproved water test kits, invalid pool licenses and invalid operator

Journal entry #8 Essay Example | Topics and Well Written Essays - 250 words

Journal entry #8 - Essay Example tween the target language and the learners first language and the other sequenced according to increasing linguistic complexity of target language items† (1984, p. 691). A discussion on the syllabus design based on disparities between L1 and L2 structures were subsequently presented where the author identified that the most difficult phase was learning crucial elements in the target language that were absolutely absent in the student’s native language. Therefore, various guidelines and contributions were presented for syllabus design and proposed development on the complexity of the second language was appropriately delved into. Accordingly, the author noted that â€Å"recent findings from interlanguage research suggest several ways in which attention to certain aspects of traditional approaches to syllabus design-specifically, L1 transfer and L2 complexity-can be used in selecting, sequencing, and grading items for the syllabus† (Pica, 1984, p. 700). The article is most useful for teachers in the development and design of effective syllabus considering disparities and complexities in interlanguage instructions and learning. Through the guidelines provided in the discourse for syllabus design from the noted cross-linguistic research, educators are illumined on instructional approaches and methods that would facilitate teaching a second language more

Recreational Beach Water Essay Example | Topics and Well Written Essays - 500 words

Recreational Beach Water - Essay Example The waterborne pathogens are classified as bacteria, protozoa and virus. Each of these is attributable to specific illnesses. Commencing with bacteria, there are two major classes of bacteria that are greatly attributed to causing diseases in recreational water. According to the Centers for Diseases Control and Prevention, they are Fecal coliform and the Escherichia coli. Fecal Coliform is usually found in the gut and feces of human being and other warm-blooded animals. They find their way into recreational water through sewage and runoff waters. They are attributed to the cause of diarrhea. According to Parry and Palmer (2002), Escherichia coli cause bloody diarrhea and kidney illness. Such diseases are usually contracted through swallowing of the contaminated recreational water Moreover, a plethora of viruses and protozoa are renown for causing diarrhea and other gastrointestinal infections. Other recreational water infections include skin infections, ear infections, respiratory infections, eye and neurological infections (Centers for Disease Control and Prevention). The first challenge faced in monitoring and managing beach water is the fact that pool codes and inspection items vary across jurisdictions (Wymer, 2007). Consequently, there are varied reports about the results of the tests carried out. Thus, there is need to facilitated a collection of pool inspection data in standardized and electronic format. This may also help in enhancing routine analysis hence perpetuating the efforts of reducing health and safety risks for recreational water users. Another prominent problem is lack of worker safety response tool kits. Some beaches and pools lack the appropriate toolkits for workers who monitor beaches and pools. Another challenge is that there is increased tendency of violating of various pool codes. For instance, many pools and beaches have improperly maintained pool logs, unapproved water test kits, invalid pool licenses and invalid operator

The Great Gatsby Essay Example for Free

The Great Gatsby Essay They say that money is â€Å"the root of all evil. This novel exemplifies how the characters live for money and are controlled by it. Love and happiness cannot be bought, no matter how much money was spent. Tom and Daisy were married and even had a child, but they both still committed adultery. Daisy was with Gatsby and Tom was with Myrtle. They tried to find happiness with their lovers, but the risk of changing their lifestyles was not worth it. They were not happy with their spouses but could not find happiness with their lovers. Happiness cannot be found or bought. Daisy lost her love and respect for Gatsby when she found out he was a bootlegger. The important thing was not just having money, but where they money came from. In F. Scott Fitzgerald’s novel, The Great Gatsby, money is a prominent theme. The author shows that money is earned and spent in very specific ways. Each character’s relationship with money allows the reader to see their personalities more clearly. In the beginning of Chapter Two, Nick and Tom Buchanon have just met Tom’s girlfriend Myrtle. The three of them are on their way to Tom and Myrtles apartment when an elderly man selling puppies on the side of the street catches Myrtle’s eye. The author explains, â€Å"I want to get one those dogs, she said earnestly. I want to get one for the apartment. They’re nice to have- a dog-I think its cute†¦Is it a boy or a girl? She asked delicately. † â€Å"It’s a bitch,† said Tom decisively. † Here’s your money. Go and buy ten more dogs with it† (pages 27-28). Tom’s actions and choice of words when he is buying the puppy for his girlfriend Myrtle show the reader that he does not have respect for women. The way Tom throws his money around illustrates that he believes he, because he has money, is better than the person selling the puppies. Fitzgerald uses the money theme again when he writes about the parties that his characters attend. He notes â€Å"I like your dress, â€Å" remarked Mrs. McKee, â€Å"I think it’s adorable. †Ã¢â‚¬  Mrs. Wilson rejected the compliment by raising her eye brow in disdain. † â€Å"It’s just a crazy old thing,† she said. † I just slip it on sometimes when I don’t care what I look like† (page 31). Myrtle rejects the compliment on her dress because she wants to portray herself as a woman who wears extravagant clothing. When in reality, the dress that she is wearing was a dress that Tom had bought for her. It is actually the most expensive dress that she owns. Prestige and money are so important that she lies to impress those around her. In the 1920s money was very abundant. This was known as the golden age. People were very materialistic during this time period. The wealthy families in the novel such as Gatsby or the Buchanons were always trying to impress rather than trying to be themselves. This was a period of drinking, partying, and spending which was best portrayed by the Buchanons. They seem to be very self-centered people who couldnt give up a bit of the ritzy life to take care of their own child. Nick Carrows, the narrator of the novel differentiates and alternates between the two different types of money in the novel. East Egg and West Egg. The West Egg is the less fashionable side of Long Island where Gatsby and Nick live. The East Egg is the fashionable side of Long Island where the Buchanons and other old money people live. Those living in West Egg have wealth, but they have earned it themselves, but the people in East Egg have had money in their families for generations. People from East Egg only associate themselves with other people from East Egg and are rather ashamed of people of a lower status. The author explains a situation with Tom on the train, â€Å"Mrs. Wilson sat discreetly in another car. Tom deferred that much to the sensibilities of those East Eggers who might be on the train† (page 26). Tom is dating a girl named Myrtle who is from the Valley of Ashes; The Valley of Ashes is a very poor area. She has no money to her name whatsoever, and that is why Tom will not sit in the same car with her on the train. He will not allow people to see that he associates with someone of her station in life. Nick sees firsthand how different people from West Egg act compared to those from the East Egg. The author writes, â€Å"Come along, â€Å"he said- â€Å"but to her only. † Gatsby looked at me questioningly. He wanted to go, and he didn’t see that Mr. Sloane had determined he shouldn’t†¦My Go, I believe that man’s coming,† said Tom. â€Å"Doesn’t he know she doesn’t want him? (page 103). Gatsby was invited to a party at the East Egg as a form of an apology for having to leave Gatsby’s house. Gatsby is from West Egg; he completely missed the apology and took it as an invitation. The authors point is that even though people from West Egg and East Egg both have money, they live completely different lifestyles and behave complet ely differently. The author uses money to reveal several different traits in the novel. All of the characters personality traits in the novel are based off of wealth. Without the money, these characters would be nothing. Gatsby is known for his money and attitude. The author writes, â€Å"I heard the familiar â€Å"jug-jug-sput† of a motorcycle, and a frantic policeman rode alongside. † All right, old sport, called Gatsby. Taking a white card from his wallet, he waved it before the man’s eyes. † â€Å"Right you are,† agreed the policeman, tipping his cap. â€Å"Know you next time, Mr. Gatsby. Excuse me! † (page 68). Because of Gatsby’s past he has been able to meet popular people in his lifetime and acquire special privileges over the years. The only reason Gatsby can act this way and get away with it is because of his wealth. Another important character who portrays that her personality is shaped by money and wealth is Daisy. She lives a rich lifestyle but is forced to live with a man she can’t stand. The author explains, â€Å"Everybody thinks so-the most advanced people†¦The instant her voice broke off ceasing to compile my attention, my belief, I felt the basic insincerity of what she had said† (page17). Daisy is talking about how she knows so much because she has traveled the world and talked to interesting people through out her life. The author uses Daisy as a prime example to show that while money may provide opportunities in life, it is what you do with those opportunities that matter. If Daisy didn’t have money, she wouldn’t be considered smart or sophisticated; she would just be another boring person. New money and old money represents the way in which people are criticized, judged or understood. Old money has a tendency to seclude themselves from lower classes but do not discriminate. While new money tends to show off their wealth to the lower classes by throwing spectacular parties and get togethers. A new money party is portrayed as if it were the time of your and a night that no one will ever forget. The author says, â€Å"The groups change more swiftly, well with new arrivals†¦confident girls who weave here and there among the stouter and more stable†¦excited with triumph, glide on through the sea-change of faces and voices and color under the constantly changing light† (page 40-41). New money parties are exciting and extravagant but the only reason these parties exist is because people with new money become selfish and proud. They pride themselves on where their wealth has brought them. Newly acquired wealth causes people to change, to become someone they really aren’t, and to do things or be with people they normally would spend time with. An old money party is more like a get together. People must be invited and old old money is expected. The author explains, â€Å"People disappeared, reappeared, made plans to go somewhere and then lost each other, searched for each other found each other a few feet away† (page 37). The author describes the old money parties in a relaxing manor because parties are not new to people who have had money all their lives. It is not difficult to see the importance that money played not only in the novel, but apparently in the 1920’s. The author crafted each character around their social station in life, which was determined by where their money came from. It was apparent that despite the fact that Jay Gatsby worked and earned his money, that it didn’t change the fact that he was from the â€Å"wrong side of the tracks†. And while being from the â€Å"right† side of those same tracks, having money didn’t really give Daisy what she wanted or needed to be happy. In the end, Gatsby died a lonely death, remembered by few.

Understanding Skeletal Muscle Contraction Physiology Essay

Understanding Skeletal Muscle Contraction Physiology Essay Introduction Muscle contractions are a result of the buildup of tension within the muscle, and for muscles to contract, they must have a continuous supply of energy in the form of a molecule called adenosine triphosphate or ATP (Silverthorn, D.U., 2010). Through muscle contractions, we are able to run, walk, lift, push, sit, and even chew our food (Stabler, et.al, 2009). In addition to an energy requirement, skeletal muscles must be stimulated to contract (Stabler, et.al, 2009). Skeletal muscles are stimulated from an action potential that originates from within motor neurons (Stabler, et.al, 2009). Motor neurons are those that send electrical signals to skeletal muscle cells (Stabler, et.al, 2009). An action potential is the electrical signal that occurs when positively charged ions flood into the motor neuron as a result of a chemical, electrical, or other type of stimulus (Stabler, et.al, 2009). This signal, an area of intracellular positivity, self propagates down the length of the neuron tow ards the muscle cell (Silverthorn, D.U., 2010). Once this signal reaches the muscle cell, it is converted into a muscle contraction through a process called excitation-contraction coupling (Stabler, et.al, 2009). The interior of muscle cells also becomes very positive resulting in a muscle contraction. Muscle contractions have 3 different phases which include the latent period, contraction phase, and the relaxation phase (Silverthorn, D.U., 2010). The latent period occurs between the start of an action potential and the beginning of a muscle contraction (Stabler, et.al, 2009). This is the phase that will be studied later. The contraction period begins at the end of the latent period and ends when muscle tension ends (Stabler, et.al, 2009). The relaxation period occurs begins at the end of the contraction period until the muscle becomes free of tension (Stabler, et.al, 2009). To initiate a muscle contraction, the stimulus must reach its threshold. This is the minimal stimulus required to generate the action potential within a muscle cell causing the internal cellular environment to become positive (Stabler, et.al, 2009). In addition, the change in stimulus intensity can play a role in how strongly the muscle generates force when it contracts which is referred to as the active force (Stabler, et.al, 2009). As a stimulus is repeatedly applied to a muscle, fatigue will eventually occur. Fatigue can refer to a deficit in muscle functioning or a gradual decline in the force sustained by a muscle (Enoka and Duchateau, 2008). Other research has shown that fatigue could be the result of metabolic changes that occur within the contractile mechanisms within the muscle fibers such as changes in ion concentrations (Allen and Westerbland, 2001). If the latent period length is dependent upon the strength of the stimulus, increasing the electrical stimulus intensity should also increase the latent period, and since a threshold stimulus needs to be reached for a contraction to occur, then there will be a minimal amount of electrical stimulation required to generate a muscle contraction. In addition, if the active force strength is dependent upon the strength of the stimulus intensity, an increase in stimulus intensity should increase the active force. If muscle fatigue is occurring due to repeated stimuli over a period of time, then applying a stimulus at a constant rate should result in a decrease of sustainable force within the muscle. These experiments will be carried out using an electrical stimulus by passing a known amount of voltage through an isolated skeletal muscle attached to a metal holder that will transmit the data to a recorder and an oscilloscope screen for analyses (Stabler, et.al, 2009) Materials and Methods In order to understand muscle contraction physiology, I evaluated 4 different experiments. The first 3 experiments were designed to use a single stimulus to evaluate the latent period of a muscle contraction, to evaluate the threshold stimulus of a muscle contraction, and to evaluate the effects of increased stimulus intensity on a muscle contraction. The fourth experiment was designed to demonstrate the effects of muscle fatigue. The following materials were used for these experiments: an isolated skeletal muscle (75mm in length), a metal holder to measure force generated by the skeletal muscle, an oscilloscope, an electrical stimulator (single and multiple stimulus), and a data collection box. The first experiment was designed to determine the latent period of a muscle contraction. First, the muscle was attached to the metal holder. The electrode from the electrical stimulator was rested on the surface of the muscle. The electrical stimulator was set to 6.0 volts. A muscle contract ion was induced by applying a single electrical stimulus using the electrical stimulator. The data generated a tracing on the oscilloscope screen which was used to determine the latent period by selecting the point where the flat line began to rise. The data were recorded using the data collection box. I repeated this experiment using the following voltages: 1.0 volts, 3.0 volts, and 10.0 volts. These voltages were used to see if changes occurred within the latent periods. For the second experiment, the data generated was used to determine the threshold voltage. The threshold voltage occurred when the active force measured in grams was greater than 0. The equipment setup was the same as the last experiment, and the electrical stimulator was set to 0.0 volts. At 0.0 volts, the muscle was stimulated and the results observed and recorded using the oscilloscope and data recorder respectively. This experiment was repeated multiple times by increasing the voltage by 0.1 volts until the mi nimal threshold voltage was determined. For the third experiment, the effects on muscle contractions due to an increase in the electrical stimulus intensity were explored. Again the same equipment setup was used. The initial voltage was set to 0.5 volts followed by stimulation of the skeletal muscle. The data were observed and then recorded. This experiment was repeated multiple times by increasing each subsequent voltage by 0.5 volts. This continued until the data showed there was no change in the increase in active force. For the final experiment, fatigue was induced in the skeletal muscle. The equipment setup for this experiment was similar to the first three experiments. However, a different electrical stimulator was used which incorporated a multiple stimulus option as well as a single stimulus option. The multiple stimulus option added the ability to start and stop the stimulus activity. This experiment was designed so that several stimuli per second were being applied to the skeletal muscle if so desired. The electrical stimulator voltage was set to 7.0 volts, and the number of stimuli per second was set to 100. The muscle was then stimulated for approximately 400 seconds by selecting the multiple stimulus option, and the graphical data were recorded from the oscilloscope. Results For experiment one, the latent period was recorded in milliseconds and was compared to its corresponding stimulus voltage. The time measurement (latent period) reflected the start of the flat line until it began to rise. Below is a summary of the recorded data. Latent Period Determination Stimulus Voltage (V) Latent Period (msec) 1 3.89 3 2.78 10 2.22 For experiment two, the threshold stimulus determination data was collected by measuring the electrical stimulus voltage and its corresponding active force generated. Once the active force became greater than 0, the experiment was stopped. Below is a table with the collected data. Threshold Determination Stimulus Voltage (V) Active Force Generated (gms) 0 0 0.1 0 0.2 0 0.3 0 0.4 0 0.5 0 0.6 0 0.7 0 0.8 0.02 For experiment three, the data were collected in order to determine the effects of increased stimulus voltage on muscle contractions. The data reflected 0.5 volt interval increases in the electrical stimulus until 10 volts were reached. Below is the summary of the data. Muscle Contractions Increased Stimulus Effects Muscle Contractions Increased Stimulus Effects Stimulus Voltage (V) Active Force Generated (gms) Stimulus Voltage (V) Active Force Generated (gms) 0.5 0 5.5 1.59 1 0.15 6 1.65 1.5 0.43 6.5 1.7 2 0.66 7 1.74 2.5 0.87 7.5 1.78 3 1.04 8 1.81 3.5 1.19 8.5 1.82 4 1.32 9 1.82 4.5 1.42 9.5 1.82 5 1.51 10 1.82 For experiment four, data was graphed in order to demonstrate the effects of fatigue. The rate of the multiple stimulus was 100 stimuli/second at a constant setting of 7.0 volts. The data were recorded over a 400 second interval. Below is a graphical representation of the collected data. Muscle Fatigue Effects of Prolonged Stimuli Over Time (Stabler, et.al, 2009) C:Sheas StuffHuman PhysiologyFatigue.jpg Citations Allen, D.G. and H. Westerbland. (2001). Topical Review: Role of phosphate and calcium stores in muscle fatigue. Journal of Physiology 536.3: 657-665. Enoka, R. and J. Duchateau. (2008). Muscle Fatigue: what, why and how it influences muscle function. Journal of Physiology 586.1: 11-23. Silverthorne, D.U. 2010. Human Physiology: An Integrated Approach. 5th Edition. Pearson Benjamin Cummings, pp. 408-422. Stabler, T., Smith, L., Peterson, G., and Lokuta, G. 2009. PhysioEx 8.0 for Human Physiology à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ Laboratory Simulations in Physiology. pp. 17-22.