Why Is An Investment In Knowledge Pays The Best Interest

Founder of the United States, inventor, and political theorist, Benjamin Franklin, once stated, â€Å"An investment in knowledge pays the best interest†. Doctors, lawyers, and scientists can attest to this, but I believe this phrase could be tweaked into a quote that applies to people of all careers and financial standings. It would go something like this; â€Å"investments for knowledge create the highest interest!† Paying for college is quite certainly a massive investment, and most likely when students try to pay for it, they go into debt. A record high of these cases has sprung in our midst, and action must be taken to help reduce the financial illiteracy that has plagued our nation. Humorously enough, this enormous and evasive amount of†¦show more content†¦However, this educating process should not start senior year when the student has just been thrown into a whirlwind of vigorous classes, extra-curricular activities, and embarking on preparing themsel ves for life on their own. Instead, counselors should be educating students as sophomores and juniors, so when the time comes to apply for scholarships and student aid, the process is known and can be maneuvered much more easily. When it comes to gaining knowledge of financial aid, the process doesn’t end after the student is aware of how to get scholarships and governmental aid though. Being a high school senior, I know that in teenager’s minds, the easiest path is always the road that wants to be taken. If applying for financial aid and scholarships is complex and confusing, it is almost imperative that students simply will not do it. Countering this problem, if websites and scholarship pages provided simple and easily understood steps to file for academic aid, a vast number of students would be more willing to work through the process of applying for money. In a perfect world, if students know what scholarships and financial aid is available, and understand the pro cess of applying for them, they would take initiative and find a way to pay for college through the given resources. Right? However, like the old saying goes â€Å"nothing is perfect,† and therefore a plethora of students will still go into college using loans and going into debt. Why is this? When every studentShow MoreRelatedEssay On Investment996 Words   |  4 Pagesbigger fish in the construction industry. Thats why I believe that the local community is great; its bursting with potential and opportunity to tap into. Investing into this goldmine of possibilities is a great move to make, read here to here our five booming benefits to investing in the surrounding area: Local Knowledge: The local construction industries know where the gems are hiding. They will have specialist knowledge and insight to where best to acquire materials and particular trades. ThisRead MoreA Lifetime Of Student Debt1050 Words   |  5 Pagesthe money to pay their student loan debts. In the essayâ€Å"A Lifetime of Student Debt? Not Likely,† Robin Wilson argues that graduating college with student loan debts is a still better option than not attending college. On the other hand, other people contends that people should not go to college because they will end up in debt for the rest of their lives. My own view is that college is still a worthwhile investment that everyone should seek regardless of the debts they have to pay in the futureRead MoreThe Real Role Of The Buyer In The Market904 Words   |  4 PagesInvestment sales can sell themselves in the sense that there are investors willing to pay a certain price for a property based upon an economic return they deem appropriate for that asset. 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Present Value’s definition and simplistic formula used for normal purchases, the concept’s importance to corporate finance and why present value is the very first topic taught in finance classes explain that presentRead MoreAdvantages Of Higher Education Essay718 Words   |  3 PagesTHE ADVANTAGES OF HIGHER EDUCATION 2 When a teenager graduates from high school they tend to wonder what they should do next in their life, whether it may be partying, or joining the military. Few think about continuing their education or why it is important for them to continue. Higher Education can be very beneficial for some teenagers because higher education prepares you for your career, you gain personal development, and lastly you get to pursue your passion. Going to college can makeRead MorePm595 Risk Paper: Buying a Home1455 Words   |  6 Pagesthe best house for me and my family? I approached it like any other project, with interviewing people, note collecting, collating, and interpreting the data. After reviewing my expenses and income and examining the tax advantages, I decided to buy a house but knowing that several risks may accompany my decisions, these risks rank from high probability – high risk to low probability – negligible risk I/ RISKS IDENTIFICATION There are many risks in buying a new house such as: a/ Investment risks Read MoreWarren Buffet: Junk Bonds of the 1980s and His Analysis on Investment Bankers1556 Words   |  7 PagesDiscuss Buffett’s analysis of the junk bond failures of the 1980s.What is Buffett’s view of the role to be played by investment bankers? | In regards to investing in stocks, bonds, currencies, or other investment products, it has always been a normal emotion to be happy when a stock price rose and upset when a stock price fell. Yet for Warren Buffet and his team at Berkshire they welcome these declining prices because of the opportunities it brings. According to Warren Buffet, a true investorRead MoreEarn Extra Outside Your Job Essay1602 Words   |  7 Pages How To Earn Extra Outside Your Job? Index Writing your passion? Bake it to make it Music Aficionado? Go for it! Become an e-Tutor Photo- Videography Make investments in Crypto-currency markets Online Research Social Media Marketing Web Design Development Proofreading You are a full-time employee or just part-time or may be in a college, if you have a zeal and passion for giving your hobby wings then fly out. This blog postRead MoreInvestment Decisions : An Article By Larson, Eastman, And Bock Essay1739 Words   |  7 PagesInvestment Decisions For those Millennials who are entering the workforce, there is a pressure on paying off high amounts of debt and lacking the knowledge to make smart investment decisions. An article by Larson, Eastman, and Bock (2016) explains that Millennials entering the workforce are presented with difficult financial decisions. They also could possibly make financial mistakes during this time that could be costly for their future (Larson et al., 2016). Millennials may not be able to dependRead MoreShould College Be A College?1469 Words   |  6 Pageseducation is the best path in order to succeed in life. Going to college has become a social status with many people going to college to simply be a college student while hoping that their time will be worth it by getting an amazing job in the end. However, it turns out that college is not always worth it because of how expensive college can be, how unreliable some of the information learned can be and how college just simply isn t for everyone. In today s society, many young adults pay thousands of

The Tragic Downfall of Lady Macbeth by William Shakespeare...

The Tragic Downfall of Lady Macbeth William Shakespeare’s play entitled Macbeth is a bloody tragedy about ambition, evil, guilt and moral corruption. The story emphasizes a lot on the consequences or aftermath of the bad deeds that Macbeth and his wife Lady Macbeth do and the growing impact it has on them in turn. Lady Macbeth a woman driven by her assertiveness, boldness, strength and ambition for her husband could not escape the guilt that eventually caught up to her and destroyed her. In Act 5 scene 1, Lady Macbeth is sleep walking and goes insane due to the guilt and remorse that finally catches up to her. This scene is the most important because it changes the reader’s view on Lady Macbeth and Macbeth as characters and it also†¦show more content†¦Furthermore, this scene is important in terms of plot development because it is the last appearance of Lady Macbeth in the whole play and also the most revealing and memorable. The whole plot of the play changes drastically once Lady Macbeth is no longer there to give strength and courage to her husband and to keep him stable. She was once a woman driven by her assertiveness, boldness, strength and ambition for her husband and later destroyed by guilt and corrupt power. Throughout the play, Lady Macbeth is known to be a powerful, ruthless, assertive and strong woman who is capable of manipulating and persuading anyone in order to get what she wants. She is portrayed as a woman who cannot be tamed and never shows weakness until her last appearance in the play and the most important scene of the play, Act 5 scene 1. Looking back at the beginning of the play, Lady Macbeth always persisted to be in absolute darkness, while in this scene she is obsessed with having a light next to her. The Gentlewoman who is watching her tells the Doctor â€Å"Why, it stood by her. She has light by her continually. T’is her command† (Shakespeare, V I 23-24). This demonstrates a dramatic change in her. The candle represents one single fragile light in the darkness of her soul. That light in her soul is a symbol of goodness and virtue. This is very revealing about Lady Macbeth, because it proves that she is not completely evilShow MoreRelatedMacbeth as a Tragic Hero in William Shakespeares Play Essay935 Words   |  4 PagesMacbeth as a Tragic Hero in William Shakespeares Play The play ‘Macbeth’ by William Shakespeare charts the rise and fall of the Scottish general Macbeth, through a tale of treachery, deceit and death. First performed in 1606 ‘Macbeth’ is inspired by a story of the Scottish monarchy. A tragic hero is one who at the outset is not wholly good or bad but has a character fault that causes them to make tragic mistakes resulting in their eventual downfall. ‘Macbeth’ is a renaissanceRead MoreThe Ambition of Lady Macbeth in Macbeth by William Shakespeare894 Words   |  4 PagesThe Ambition of Lady Macbeth in Macbeth by William Shakespeare Timothy Leary once said, Women who seek to be equal with men lack ambition (Peters 175). But is this true in the case of the classic play Macbeth? In Macbeth it seems to be, that Macbeth the protagonist of the play is influence by Lady Macbeths ambition. Could this be an exception or was Lady Macbeth lying when she ask to be equal to a man so she could commit the murder (1.5.33.45-61). To understand one must look deeply into theRead MoreCharacters In Macbeth995 Words   |  4 PagesIn Macbeth by William Shakespeare, numerous of events occur. A series of characters are introduced such as Lady Macbeth, King Duncan, Banquo, Macduff and many others throughout the play. As many introductions of characters are put in place, the plot of the story changes from time to time. The three most important events that occur in Macbeth are the prophecies that the witches tell Macbeth and Banquo (1.3.50-53), the death of King Duncan (2.2.19) and the death of Macbeth (5.8.32-40). These eventsRead Mor eThe Tragic Hero Of Macbeth By William Shakespeare1724 Words   |  7 Pages His definition of tragedy applies to William Shakespeare s play Macbeth. The play is about a hero who reaches a high position in the play and then falls because of his choices. Macbeth is a tragic hero according to Aristotle s aspects that make a tragedy. Macbeth is neither a villain nor a perfect character, he appears in the play in a high stature, he starts to make multiple mistakes and due to his actions, he causes his downfall. First of all, Macbeth is neither a villain nor a perfect heroRead MoreMacbeth as a Tragic Hero985 Words   |  4 Pages In William shakespeare’s Macbeth,Macbeth is a classic example of a tragic hero in shakesperean work.Macbeth display the major characteristics of a tragic hero throughout the play until his tragic end.The play potrays Macbeth as a lost cause by showing how he fell from being a honest and just man who fought for whats right, to a cruel,superstitious,ambicious dictator.In william shakespreares Macbeth,Macbeth is a tragic hero because he compromises his honor and negates his moral values in orderRead MoreMacbeth : An Ideal Model For A Shakespearean Tragic Hero810 Words   |  4 Pagescharacter Macbeth is an ideal model for a Shakespearean tragic hero. He was known as victorious and powerful, yet within, he was ambitious and cowardice. Macbeth’s ambition ends up slowly tearing him down and destroying him by the end of the play. â€Å"Take a good man, a noble man, a man admired by all who know him – and destroy him, not only physically and emotionally, as the greeks destroyed their heroes, but also morally and intellectually.† (Booth, 17). Between the witches’ prophecies, Lady Macbeth’sRead More Shakespeares Macbeth - Lady Macbeth and the Tragic Flaw Are to Blame812 Words   |  4 PagesLady Macbeth and the Tragic Flaw Are to Blame      Ã‚  Ã‚  Ã‚  ...Go pronounce his present death,/ And with his former title greet Macbeth.   (Act 1, Scene 2, 64-65)  Ã‚  Ã‚  Ã‚   Though the word death in this sentence refers to the former thane of Cawdors demise, Shakespeare uses the clever trick of foreshadowing Macbeths downfall by coupling the word death with the word Macbeth so early in the tragedy.   The quote has another importance   it introduces the ideas of treachery and personal gain from less-than-legitimateRead MoreEssay on Shakespeares Macbeth is a Tragic Hero956 Words   |  4 PagesMacbeth is a Tragic Hero  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚        Ã‚  Ã‚   Shakespeares tragic hero is a man of noble birth who falls from a position of honor and respect due to a flaw in his character. He freely chooses a course of action which ultimately causes him suffering and brings him to a fatal end.(Campbell 129) Macbeth is the epitome of a tragic hero who rises high then falls rock bottom to his death. Macbeth, once a noble man, follows the advice of witches, finds himself King, abuses his power and then gets killedRead MoreWilliam Shakespeares Macbeth749 Words   |  3 Pages1. Macbeth, the tragic hero in William Shakespeare’s Macbeth, suffers from the fatal flaws of insecurity and indecision, allowing him to easily be manipulated, which causes the audience to feel sympathetic toward him. After Macbeth has heard the prophecy from the three witches and he has been named thane of Cawdor, he is led to a strong internal conflict: â€Å"If good, why do I yield to that suggestion / Whose horrid image doth unfix my hair†¦ / Sha kes so my single state of man that function / is smother’dRead MoreGerald Deocariza Iii. Mrs. Jardine. English 3, Period 4.1161 Words   |  5 PagesJanuary 2017 The Shakespearean Ways of a Tragic Hero Do all villains everywhere start in a terribly dark life? No, some heroes become corrupted because of their abilities as heroes. These types of heroes become tragic heroes, who destine for a serious downfall and set as the protagonists of a dramatic tragedy. A tragic hero gets For example, William Shakespeare wrote a play called The Tragedy of Macbeth to show Macbeth’s uprisings and downfalls. Macbeth’s downfall results to wrong judgements that combines

Can negotiations occur without trust Free Essays

Can negotiations occur without trust BY Richer The nature of negotiation and its process constitutes a number of various factors that leads to an effective or ineffective process and outcome. One of the primary purposes of a negotiation is to come an agreement with another party by exchanging offers and to find solutions to a common issue, â€Å"whenever we cannot achieve our objectives single-heartedly’ (Thompson, 2009). Some believe that in order to conduct a negotiation, trust is an utmost important factor as negotiators depend on the information provided by the other party, on the outcomes to which the parties omit throughout the negotiation process, and on the other party to deliver the commitments (Licked, Poplin, 2013). We will write a custom essay sample on Can negotiations occur without trust or any similar topic only for you Order Now This essay aims to discuss whether trust is a precondition for negotiation. As such, it will attempt to reach to a deeper understanding of trust in a negotiation, before understanding how it may influence the outcome, and whether a negotiation may take place between us and the people whom we do not trust. Examples of trust and distrust within negotiations are given, before the essay will conclude with reasons why it is impossible to successfully negotiate with people whom we do not trust. Trust is commonly defined as a confident and positive expectation of the actions of another party (Lessons, Smith, 2012). Trusting gives us the assumption that the other party would meet the expectation by considering our welfare and honoring their commitment towards the agreement. Trust in negotiations, like in any other independent relationships, is characterized by dependency and vulnerability to the other party. Trust in this case, according to Lessons, implies to the positive expectation to sought common solutions to create value, integrate interests, and find mutually beneficial solutions (Lessons, Smith, 2012). This brings us to the characteristic of an integrative negotiation, which seeks to create value and achieving joint gains. In such cases, negotiators are in dependence to each or one another for the sharing or exchange of information. According to Licked and Poplin, even though a negotiator may have a certain level of doubt in the other party, he or she still has to have at least a bit of trust, otherwise, it may be impossible to accept anything the other party says at face value or reach a viable agreement (Licked, Poplin, 2013). As a result, being constantly afraid and doubtful with what is being shared would not low us to take a step further. This is further aggravated by the fact that negotiators may not be able to verify the received information. Here, trust is more about acceptance rather than further scrutiny and serves as stepping-stones to have an exchange of information during the negotiation process. Without trust, we are not able to move on further to create solutions and agreements based on the information received. As such, the negotiation is impossible to proceed further due to an absence of trust. In a negotiation, many parties tend to focus on positions, not interests. The relevance f how interests could halt a negotiation seems to interlink with the problem of having trust. If we do not trust the other party, we lack an openness to share our objectives and understand their interests in the negotiation. In an example of the story shared by (Fisher, Our, 2006), two men were in conflict in a library as one wanted the window open and the other wanted it closed. Both could not come to an agreement on how much to leave the window open. When a third party, the librarian asked why both mean wanted it closed or open, one shared that he wanted to get fresh air, but the other wanted to avoid the draft (Fisher, Our, 2006). Here, we can see how both men focused on the position, the â€Å"what†, and not each other’s interests, the â€Å"why’. As such, we can see that without understanding each other’s interest, both men came into conflict and could not negotiate on a solution. As a result, it then becomes virtually impossible to really identify or appreciate the problem that actually needs to be addressed (Fisher, Our, 2006). To build on this, trust is extremely important as it serves as a foundation for understanding each other’s interest before working on the solutions or agreements. Without trust, both parties will not seek to understand each other, and end up being fixated on their positions due to their own interests. This prevents both parties to successfully negotiate on the issue. In order to negotiate, trust is important in order to avoid retaliation due to a conflict of views and ideas. Without trust, every solution and idea will be met with suspicion and skepticism. This lack of trust not only inhibits cooperation and successful negotiation, it may also result in retaliation that causes the escalation of conflict (Coleman, et al. 2000). In addition, according to (Kramer, 1994), this may even result n paranoid cognitions in which one may feel that he or she is subject to the other party malevolence. These perceptions may then drive him or her to the point of hyper vigilance and rumination, resulting in a faulty diagnosis of the result of working with the other party (Licked, 2006). As such, conflicts would then arise, as the negotiator would increasingly focus on his or her position, and end up reluctant to come into agreement. The negotiation will then come to an impasse as both sides end up using their negative perceptions to retaliate each other, causing the conflict to escalate beyond control. As explained above, trust seems to be indispensable in order to negotiate. However, according to a writer Bonnie Change, claiming trust is necessary for all negotiation seem to be an overstatement as the significance of trust is culture and context specific (Change, 2009). In her example of how two people may conduct a negotiation without trust, she gave a scenario of negotiation with hostage- takers. A negotiator and a hostage-taker do not know each other and thus, will not have any trust between them. However, both of them may still engage in a negotiation to lay down the benefits of letting the hostage go. The negotiator’s main objective is to talk the hostage-taker into revealing information about him or herself, and find out what kind of concessions to make for the release of the hostage. The hostage-taker’s main objective is to use the hostage to obtain what he or she needs, including the escape from the crime. The succession of the negotiation in such cases are a result of the weight of the gains and losses, depending on which side has more power to influence the outcome. For example, if the hostage were to be a high profile person, the hostage-taker would have more power to negotiate through to his or her wants. Therefore, through this example, negotiations may occur even though both parties do not trust each other. According to (Choc, 2013), should there be no trust between two parties, relying on formal legal mechanisms such as preparing contracts are constructive ways to proceed with a negotiation. These formalized documents remind people of what they had agreed upon and serves as documentation, minimizing miscommunication that may occur if a deal is made based on fertilization. Creation of such agreements usually requires elaborate consequences and penalties for violating the terms of agreement (Licked, Poplin, 2013). These consequences of violation commonly includes penalties such as monetary compensations and mechanisms such as law and the police force will be brought in to become part of the system of enforcement, should any agreements be violated. With a contract to force people to keep to a certain agreement, trust is not required in order for a negotiation to occur. We meet new people everyday, and sometimes, negotiations may occur whether or not we know the person. Of course, trust is not immediately established. Rather, like impressions, our Judgments of trustworthiness can occur rapidly at the start of a stagnation. This trustworthiness may result from what the negotiator has learned about the other party’s reputation. For example, if I wanted to buy something for a shop owner for the first time, I will naturally exhibit skepticism in the shop owner and the quality of the goods. However, if I see a crowd at the shop with people snapping up the items, naturally, I would have the trust in the shop owner that the goods sold would be good. Here, we can see how the reputation of a person may easily create trust in us, towards the other party, even if we were to be meeting for the first time. In addition, many negotiations seek trust as the objective and continue to build trust throughout the negotiation process. In the example of the negotiation with a hostage taker, the negotiator and hostage-taker may have not trust between each other at the very start. However, along the way, trust is built when both sides seek to understand the concessions that they can make, in order to gain what they want. While these initial impressions may also change as a negotiation unfolds, they create a powerful frame for interpreting the other party behavior and also provide a heuristic for duding negotiators’ strategy choices (Lessons, Smith, 2012). As such, trust is important to keep a negotiation process going, and it is definitely an important factor to determine the relationship and outcome of the negotiation with the other party. As such, we cannot negotiate with people whom we do not trust. Earlier, contract binding was mentioned as a way where negotiation may occur even if there is no trust between two parties. Here, it is true that the two parties may have no personal trust in each other. However, according to Shapiro, even if there may be o personal trust, an institutional trust, also known as trust in a system, is what is present, leading to the creation of contract making (Shapiro et al. , 1992). With a trust in the legal enforcement system, it also creates a deterrence-based trust in order for a negotiation to proceed. Shapiro further added that this is a basic and ‘minimal condition’ of trust in all negotiations (Shapiro et al. , 1992). This depends on the consistency in behavior and the threat of punishment if they do not maintain their promises to a certain commitment, and violate the documented agreements. In edition, it also depends on the gains for adhering to the agreements, such as rewards. Thus, the mentioned forms of trust will still be present even if we may have no personal trust. According to (Licked, 2000), even the most complex and sophisticated formal contract cannot stipulate every detail or possible contingency about the deal. Therefore, having personal trust in the other party is still critical. Without personal trust, a negotiation would not occur. This essay aims to discuss whether it is possible to negotiate with people whom we do not trust. Trust in this case, refers to having a positive expectation of the other arty and allowing ourselves to be dependent and vulnerable to the other party. There may seem to be cases where we may not have personal trust in a person and yet will still be able to negotiate. However, as mentioned in the essay, it may seem that trust is not present, but we may have a different form of trust, an institutionalized trust and most definitely, a deterrence based trust to ensure that we do not fall victim to breaches in agreements. The essay may show that it requires trust to form only cooperative agreements. However, likewise in competitive negotiations, it can still occur as deterrence based trust will be present to ensure hat agreements are not breached. As mentioned in the essay, without trust, we will only focus on our own objectives and interests and thus, will not allow the other party to gain anything. As a result, the negotiation will only come to an impasse if agreements cannot be made. In addition, without trust, we will be suspicious and skeptical of the information that is shared with us. This causes us to develop paranoid conditions and result in a conflict instead of being able to negotiate. To conclude, it is certainly critical to have some form of trust in a negotiation. However, it s also good to have relative trust, rather than an absolute trust. Having a fair share of distrust will definitely help us draw caution to what concessions we make. Ultimately, we cannot negotiate with people we do not trust at all. Trust will enable both parties to reach a solution that is needed or accepted by both sides, when we are not able to achieve them on our own. How to cite Can negotiations occur without trust, Papers

The Land Ethic Essay Research Paper To free essay sample

The Land Ethic Essay, Research Paper To reply the inquiry, was Aldo Leopold right in stating we need to follow a land moral principle? First we need to place what a land moral principle is. A land moral principle is utilizing the land without mistreating it. Meaning usage as many and every bit much of the Earth s resources as can be replaced, and that will make no injury to environing home grounds because the beings that live there are portion of the land or ecosystem besides. To make this sort of preservation at this extent after we have done virtually nil for all of adult male s being is unreasonable though. Besides sing the sort of people that are in power dorsums up this thought. To follow a land ethic similar to the one Leopold describes and systematically use it decennary after decennary would intend demodernizing the universe, and people are excessively smart and excessively nescient these yearss to give up all the modern twenty-four hours comfortss. We will write a custom essay sample on The Land Ethic Essay Research Paper To or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In stating excessively smart, I mean they have to many good thoughts that can set down them some serious money or power, but they are excessively nescient to recognize that they are in a sense seize with teething the manus that feeds them. The fact that our Earth is in problem is non obvious plenty right now for these people to pay attending to. The 1s who are in power and are being successful on their footings like it the manner it is and to drastically alter something would agitate the mountain puting them closer to the underside. So they would instead overlook this impression of a land ethic and feign that everything is alright. The manner we are utilizing or should I state mistreating the land at the present clip displays a demand for a land moral principle. Implanting one is a major job, nevertheless, because economic sciences are a higher precedence than the land is, and until the land is in obvious hurt or more Torahs are passed to protect the environment our precedences will stay the same. Leopold did a great occupation conveying these facts to our attending and proposing what should be done. Now its up to some other great adult male or adult female to take us in making so.