Pros And Cons Of Credit Cards English Language Essay

Pros And Cons Of Credit Cards English Language Essay Nowadays credit cards are of great convenience. Credit Card is a kind of bank plastic cards, which is tied to the personal account of the bank, which bank offers the customer with a credit line without filing liens and guarantees. AS a fact, to get a credit card is more complicated than a debit card as a credit card means the loan. Typically, a credit card issued by a commercial bank to obtain consumer credit for any urgent needs of the client, as this is the easiest option of processing the loan and the original amount of the credit facility is generally not very high. Credit card should be used wisely and cautiously. The main advantage of a credit card is the use of the credit funds. If people receive a consumer credit, they must pay interest on a loan. A credit card is a convenient way to pay for the goods and services. As a fact, nowadays people pay no more attention to the cash money, as they have credit cards. If a person does not like to ask to borrow money, banknote may be fall-back option in case before the wages are not enough money. A credit card is absolutely indispensable when booking a hotel or car rental. In such cases, the correct amount is not deducted, but only blocked on the clients account. Interest on the amount of lockable is not charged. As disadvantages, there can be attributed the restrictions set by the bank for cash. The disadvantage of credit cards is that not all outlets accept credit cards to pay for their goods or services, but all more or less large retail chains can pay by credit (and debit) card. With a credit card, you can withdraw cash using the ATM network of an y bank. True to withdraw cash on credit cards have limitations, but you can always get the remaining amount to another ATM or in the same, by entering your card and pin code again. [1] In the banks, credit card processing practiced as part of the contract to the target consumer loans, for example, when you make a loan to purchase home appliances. In the loan agreement the conditions for issuing credit cards are specified and the whole mechanism of its transmission to the client, for example, after full repayment of the first loan. Often there are situations when people get credit cards in the mail, it is outraged, believing that the bank simply imposes his card. And not to fall into such an awkward position should carefully read all the terms of any credit agreement are signed. [5] The money people all over the world spend using credit cards, does not actually exist. It should be noted that the money has gone virtual and there are a lot of cases of cheating and hacking of the credit cards, as the whole system is not perfect. As a fact, credit does not do any good, as there emerge many different problems caused by the credit cards and the taken credit, when people purchase a lot and become shopaholics. Consequently, nowadays to survive and to live comfortable life, people us credit cards to buy different things, from a pen to a flat with the help of a credit card. For that, everyone needs a stable highly paid job to cope with the difficulties arising. And many people live in debt while shopping constantly and purchasing plenty of unnecessary things. Debt is the latest concern in our society and there should be found a solution to the way of spending money. Individuals and governments are struggling to cope with the debt and offer different options to solve the problem. Also, marketing credit card companies have had to stop towards high school and college kids in order to help keep them out of debt before graduation, as there is very high percentage of people living in debt and have no way out. Nowadays it is a severe problem for the people all over the world, who use credit cards and who constantly have a temptation to purchase goods, even if they dont need them. And especially thi s problem is about adolescents who do not work yet and already have an access to the credit cards. [3] Either way it should be remembered that buying goods with the credit card, we hereby affirm the agreement to buy the goods at a price much higher than the real price of the product itself is. This is called I want it now, that further includes paying more for the goods. It remains only to compare the size of this proportion with the rate of inflation. Everyone knows that credit stimulates consumption and, consequently, production. But any loan borrower must provide certain guarantees on their credit obligations. Excessive credit entails a chronic excess of the rate of consumption over the pace of increase in income of the loan borrowers and, therefore, guarantees taken credit obligations. Imagine for a moment that all that you are using was purchased on credit. The car, which you navigate to work and shop, as well as TV, refrigerator, furniture everything bought on credit, and often this is added to the most important apartment on credit. Your only guarantee your monthly salary. O f course, you have no savings, because almost all of your wages goes to pay for the credit for those things that you use. Such loans are called sub-prime. This is the way most Americans live. Now imagine for a moment that you or someone from your friends lost their jobs. The next day in front of your house there would be a queue of creditors to declare the guarantee or to pay obligations. You are nervously looking for decent jobs with wages sufficient for your monthly payment obligations. If you do not pay for the credit on time, on your account penalties are applied. In the worst case, your property is started with a hammer. But imagine this same situation, but only on a global scale. You cannot pay off the loan, your property is auctioned, but no one at the auction would buy it, because the neighbors of your neighbors would be in exactly the same situation. Automatically starts the crisis in the banking sector, falling demand, and, of course, there comes a decline in production. [ 2] Time flies very quickly. Think about it: not so long ago, buying something on credit could safely assume status act. Now buying on credit is a commonplace, routine activity, nothing to do with the advance. All kinds of people do it, often without thinking about consequences. It is no secret: take credit when you do not have enough money to have the right to pay the entire purchase (for the washing machine, a car or a new apartment). So from a rational, practical point of view a credit is a direct alternative to hoarding. Credit stimulates consumption, and thus serves as an additional battery for the production. Credit is just the ideal solution for implementing the words I want it right now. But the total loan creates the illusion of an exaggeration of your financial opportunities. Some people are so accustomed to use credit cards that they often fail to notice how quickly their red account balance reaches the size of the monthly salary. [4] Today it is too difficult to stay away from the banks and credit, since we live in an age of capitalism. And if we live, therefore we adopt the rules of the game that the banks set. Banks rule the world nowadays. If you want an apartment take the credit, you want the car take the credit, you want a great vacation you are welcome! Take a credit voucher. And if you save for the same things without taking a credit, is there any sense to rejoice over it in old age? Credit for today for the majority nowadays is both the way out and the prison Interest loan lately is very crucial. Now with a credit card a person can buy almost everything from simple TV and mobile phone to a car, apartment and a country house. There is no dispute that credit is extremely convenient and profitable invention of mankind. But, as says the popular proverb, every cloud has a silver lining. And vice versa.

Child Abuse and Neglect Essay -- essays research papers fc

â€Å"Child Abuse†   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Child abuse is a very serious and controversial issue that is escalating in today’s society. As we look back to the 1940’s and 1950’s, it was almost unheard of to let anyone outside of your immediate family know anything about your personal life. Every family was thought to be, or shown to the general public to be, the â€Å"perfect family†. Some schools had the authority to punish a child by either spanking them with a paddle or hitting their knuckles with a ruler. Child abuse is one of the leading causes of childhood deaths in this nation. Statistics show â€Å"every 4 seconds a child is abused and every 7 minutes a child's life is lost† (Neglect 1). We as a society need to work together to try to think of alternative ways of disciplining our children. A child is a gift from God and should be treated as such. I do understand that with the hectic life styles of today’s society, sometimes it just seems like life is a struggle and just too much. Spanking a child as corrective action is one thing, but beating a child, ripping his or her hair out, locking him or her in a closet, or verbally abusing a child is unacceptable. One solution we can consider is...

Mission, Vision and Values

Microsoft is an American multinational computer technology company which contributes greatly to the American economy through the revenue contribution. Microsoft is among the largest employer in US. The company is involved in development, manufacture, licensing of wide range of software products. Microsoft dominated the home-computer operating system market in the mid-1980s with Ms-Dos which was user unfriendly. In the recent past, Microsoft has dominated the operating system market with modern variety of software which is user friendly and this has contributed greatly to its growth. Microsoft best selling products include Microsoft Windows operating system and Microsoft Office group of productivity software (Peng and Heide, 1993). Microsoft is presently involved in sale of various products besides operating system and Microsoft Office suites. These products include entertainment in form of computer games, computer hardware products such as Microsoft mouse. Microsoft has been known for customer support through Usenet newsgroup and World Wide Web. Microsoft websites receives the highest number of customers as compared to other websites. This can be attributed to the friendly services offered by the company which is customer oriented. The products available from Microsoft Company can be used for either business of home use (Baillargeon, 1999; Peng and Heide, 1993). Microsoft company strategic plan is to dominate the computer software and hardware market by 2030 through production of efficient user friendly software. The Microsoft which faces a lot of criticism by many companies who claim that the company’s marketing tactics are forcing employees to be overworked while is using the software. Innovations made by the company hinder entry into the industry. Microsoft plan to monopolize the software industry through patent laws and manufacturing software that obey the command of the manufacturer rather than the user. Microsoft (MS) through software industry aim to dominate the international software market. The company aim to make a good name (Drejer, 2002; Weiss and Piderit, 1999). Microsoft company products attract customers internationally. Customers of Microsoft products are of all ages and due to the latest modification, the products can be used in business, home or both. Application software designed by the Microsoft are used for specific purposes and follow certain specifications depending on the type of organization. Microsoft manufactures it own computer games which are mainly used for home entertainment and their sale have greatly contributed to the rise in revenue accrued from sale (Peng and Heide, 1993). Microsoft vision is to have a positive impact on the world and its people. The company is committed in mobilizing resources all over the world to create opportunities where business can thrive and improve welfare through technological innovations provided by the company. Microsoft develops software and other Microsoft products that will stimulate development of computer literate society. Microsoft is committed to production computer professional who will stimulate development in the business industry. Microsoft vision is achieved through manufacture of updated versions of software that are easy to use and hence promote efficiency in any business that utilize products. Microsoft mission is to assist people each their potential. The company pursues its mission through donation of software, hardware funding and training to programs all over the world. Most individuals in various companies have ambition of becoming excellent in their career and this can only be achieved through acquiring complete and updated information in the specific area of specialization. The individual interests in line with career development are enhanced by the Microsoft Company availability of information concerning the use of hardware and software that are manufactured by the company. The company manufactures software which incase of problem in operation one can contact the manufacturer (Mathews, Dennis and Economy, 2003; Drejer, 2002). Microsoft company values are customer oriented and recognize the products customer as an employee. The values which are highly observed include; integrity, passion for technology, accountability, self-criticism and eagerness act on big challenges that are offered by the business environment. The company embraces change that is inevitable in every society through new technological innovations. Microsoft Company desires to dominate the software market through provision of products that will have positive impact on people and the world in general. The company dominion will encourage uniformity in various organizations through use of Microsoft products and this will promote achievement of the desired potential by individuals and companies. Strategic management should address the public criticism concerning the company products to be able to achieve the objectives of the strategic plan. Dominion in the market can only be achieved if the criticisms are addressed. Strategic plan depends on the leadership of the company. The culture of the company has been worldly known for customer support through Usenet and World Wide Web which enhance efficiency in other companies. Success of the strategic plan will have positive impact on most stakeholders especially the beneficiaries who accrue higher dividends from increased profits. However, competitors will incur decreased sales success of the plan will improve efficiency of the leadership in the company (Drejer, 2002; Weiss and Piderit, 1999). References Baillargeon, Emily (1999) â€Å"Seattle Now: a Letter.† New England Review. 20. 2, 111-148. Drejer, Anders (2002) Strategic Management and Core Competencies: Theory and Application. Westport, CT: Quorum Books. Matthews, J., Dennis, Jeff and Economy, Peter (2003). Survival Skills for Starting and Growing a Company. New York: Oxford University Press. Peng, Chan, S. and Heide, Dorothy (1993) â€Å"Strategic Alliances in Technology: Key Competitive Weapon.† SAM Advanced Management Journal. 58, 11-56. Weiss, J. A .and Piderit, S. K. (1999) â€Å"The value of mission statement in public agencies.† Journal of Public Administration Research and Theory, 9, 121-145.      

Origins of Music, Philosophy, art, and Literature Middle Age essays

Origins of Music, Philosophy, art, and Literature Middle Age essays The western tradition of music has its origins in the chant tradition of the early Christian era. The monophonic music of chant dominated the middle ages, and included the composition of sequences and tropes. In the high Middle Ages, organum emerged, thus introducing polyphonic textures into liturgical music. By the thirteenth century, the motet became a seminal polyphonic composition and included liturgical and secular texts as well as a chant cantus firmus. In the thirteenth and fourteenth centuries, secular music was composed polyphonically, and resulted in elaborate contrapuntal devices and notational practices. In the fifteenth century the early Renaissance polyphony showed evidence of a new style influenced on fauxbourdon and based on previously improvised traditions. At this time textures grew from a reliance on lower voices to treble-dominated textures. Renaissance motets and madrigals have their origins in the music of the Netherlands composers. With the late Renaissance, mo re national and secular music emerged, as found with the English madrigal and the French chanson. The late sixteenth-century music included attempts to return to Greek drama. The latter resulted in the formulation of monody for declaiming music, which was at the core of early opera and became a vehicle for composers like Monteverdii to take forward the nascent genre of opera. Italian opera soon dominated the early baroque style of the seventeenth century, which extended to the composition of oratorios on sacred subjects. In France opera soon took root, and a national style evolved starting with Lully. In the seventeenth century instrumental music developed on its own, treble dominated texture of vocal music was supported by the basso continuo tradition of accompaniment. Works for instruments included keyboard suites and sonatas, organ music, including various partitas and fugues, and trio sonatas for various combinations of instruments. Music for orchest...

Food, College Style Essays - Meals, Types Of Restaurants, Lunch

Food, College Style Essays - Meals, Types Of Restaurants, Lunch Food, College Style Coming to this school, one of my biggest fears was what the food would be like. I knew there would be no way I could last a whole year here if the food was terrible, and my budget didn't allow eating out very often. At home when the high school cafeteria food was bad, I could always go home and get a good meal. Here, however, I couldn't just go home if the food was bad. I would just have to choke it down or starve. After I'd been here awhile, and had a couple of meals from Morrison's food service my fears were relaxed. I realized that the food wasn't that bad, and that I'd be able to make it the year without starving to death. My evaluation of Morrison's food service was based on many aspects of the whole dining experience. My judgements were not made on just one meal, but are my overall opinion of the food service since I have been here. The aspect I put the most emphasis on was the taste of the food. Without good taste in the food, the whole dining experience is ruined. The next quality that I looked at was the appearance of the food. The food should look appetizing. For example, the bread should not have any moldy spots on it, and the salad should not look like it's been left out for three days where the lettuce is brown and rotten. If the food doesn't look appetizing, this also reduces the pleasure in dining. The third aspect I judged the food service on was selection, because no matter how good the food is, if you eat the same thing long enough, it gets old. The final quality I used in judging Morrison's food service was the cleanliness of the dining area. The food overall in the tower's cafeteria is pretty good, although some meals are definitely better than others. Breakfast is probably the worst meal overall. There is very little selection of food and the food that is there is not very good. Their biscuits and gravy are very dry, their scrambled eggs are usually runny, and their hash browns taste like rubber. They usually have these three things every morning along with a few other items. However, one good thing that I like about their breakfast is that they have a waffle maker, many different types of cereal, and bagels laying out. All of these things I can fix on my own. When I do eat breakfast there, I usually stick with one of these three things. Lunch in the cafeteria is usually pretty good. The food service does a good job in giving a wide selection of food to choose from. They have pizza, pasta, hamburgers, and lunch meat everyday. All of these items are usually very good. Along with these items, they have two or three main entrees to choose from. The main entrees usually lack in taste, but every once in a while they will have something good, like pork chops and baked fish. One thing that I did notice about the food served at lunch is that it is sometimes leftover from different meals that we had earlier that week. This really isn't that bad though, because it is very hard to tell that it has been reheated. The appearance of the regular items is usually pretty good. The hamburgers lack color, but they make up for this in taste. The appearance of the main entrees vary from day to day. Sometimes they look very appetizing and other days they look as if they just mixed a whole bunch of stuff together and! put it out there. Supper is the best meal of the day. Like lunch, they have a good selection with the usual pizza, pasta, hamburgers, and lunch meat. They also have two or three main entrees, but these usually taste better than those that they have for lunch. My favorite meals for supper are when they have premium night. For premium night they serve items like steak, shrimp, ribs, and chicken fried steak. The appearance of the food at supper is usually pretty good. However, one problem that I

Working With Numbers and Formulas Speech or Presentation

Working With Numbers and Formulas - Speech or Presentation Example Use Okun’s law to determine the size of the GDP gap in percentage-point terms. If the potential GDP is $500 billion in that year, how much output is being forgone because of cyclical unemployment? Study Question 2 key Questionraph the accompanying demand data, and then use the midpoint formula for Ed to determine price elasticity of demand for each of the four possible $1 price changes. What can you conclude about the relationship between the slope of a curve and its elasticity? Explain in a non-technical way why demand is elastic in the northwest segment of the demand curve and inelastic in the southeast segment. The reason why demand is elastic in the northwest segment of the demand curve and inelastic in the southeast segment, is that it matters more to the consumer when the ticket is too expensive than it does when it is too cheap. Study question 7: Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23 b. Graph AFC, AVC, ATC, and MC. Explain the derivation and shape of each of these four curves and their relationships to one another. Specifically, explain in non-technical terms why the MC curve intersects both the AVC and the ATC curves at their minimum points. c. Explain how the location of each curve graphed in question 7b would be altered if (1) total fixed cost had been $100 rather than $60 and (2) total variable cost had been $10 less at each level of output. Question 5: The following table gives information from a sample of college students: gender; number of children in family of origin; and number of children in their ideal family, in which they may someday be a parent. a. Sketch a scatterplot of the data collected from the students and discuss any trends. (Use the same scale on both axes.) Which

Due 1 aug Assignment Example | Topics and Well Written Essays - 750 words

Due 1 aug - Assignment Example We shall also discuss some diseases or conditions which women are likely to have due to this process. According to Fox – Spencer and Brown (2006), menopause is the point when a woman has her last period which happens when her  ovaries  stop releasing eggs, and for some women, it happens all at once but for many women, it is a gradual process. If a woman has not had a period in more than a year, is not pregnant, or does not have another illness, she may have most likely reached menopause and this typically, this happens when the woman is in her fifties. Planned Parenthood, in their website state that perimenopause is the gradual change that leads to menopause which usually happens between the ages of 45 and 55 but it is not unknown to begin as early as 40, a time when menstrual periods usually become less predictable and they may become more or less frequent or may be heavier or lighter. Women who smoke have a higher possibility of going into perimenopause earlier than those women who do not smoke. Perimenopause is a process that can last for few months or can go on for up to 12 years depending on the physiological make up of the woman involved. If a woman has not had a period for more than a year or two, then this marks the end of the perimenopausal stage and the beginning of menopause. Surgical menopause occurs with the removal of both ovaries in women who have yet to undergo menopause and this induces menopause because they suddenly experience the symptoms of menopause without the normal gradual changes that occur. Women with surgical menopause experience the following changes: hot flashes; sweating at night; the drying of the vagina; heart palpitations; frequent mood swings; unexplained depression; constant fatigue; and some changes in their sexual desire. Stress menopause is caused by the constant stress experienced by a woman on many occasions