Capital Market Essay Example for Free

Capital Market Essay ~ Capital market is the market for leading and borrowing of medium and long term funds. ~ The demand for long-term funds comes from industry, trade, agriculture and government (central and state). ~ The supply for funds comes from individual savers, corporate savings, banks, insurance companies, specialized financial institutions and government. *SIGNIFICANCE: ~ A sound and efficient capital market is extremely vital for the economic development of a nation. ~ So, the significance of capital market has increased. ~ The following points clearly bring out the role and significance of capital market in India. i)CAPITAL FORMATION: ~ Capital market encourages capital formation as it ensures speedy economic development. The process of capital formation includes collection of saving effective mobilisation of these savings for productive investment. ~ Thus three distinctive inter-related activities i.e. collection of savings, mobilisation of savings and investment lead to capital formation in the country. ~ The volume of capital formation depend s on the efficiency and intensity with which these activities are carried on. ii) ECONOMIC GROWTH: ~ Capital market plays a vital role in the growth and development of an economy by channelising funds in developmental and productive investments. ~ The financial intermediaries channel funds into those investments that are more important for economic development. iii) INDUSTRIAL DEVELOPMENT: ~ Capital market promotes industrial development and motivates industrial entrepreneurship. ~ It provides cheap, adequate and diversified funds for industrial purposes such as expansion, modernisation, technological upgradation, establishment of new units, etc. ~ It also provides services like provision of underwriting facilities, participation in equity capital, credit-rating, consultancy services, etc. vi) MODERNISATION AND REHABILITATION OF INDUSTRIES: ~ Capital markets also contribute towards modernisation and rehabilitation of industries. ~ Developmental financial institutions like IDBI, IFCI, ICICI, etc provide finance to industries to adopt modern techniques and new upgraded machinery. ~ They also participate in the equity capital of industries. v) RIVIVAL OF SICK UNITS: ~ Commercial and financial institutions provide adequate funds to viable sick unit to overcome their industrial sickness. ~ Bank and FIs may also write off a part of the loan or re-schedule the loan to offer payment flexibility to weak units. vi) TECHNICAL ASSISTANCE: ~ The financial intermediaries in the capital market stimulate industrial entrepreneurship by providing technical and advisory services like preparation of feasibility reports, identifying growth potential, and training entrepreneurs in project management. ~ This promotes industrial investment and leads to economic development. vii) DEVELOPMENT OF BACKWARD AREAS: ~ Capital markets provide funds for projects in backward area and facilitate their economic development. ~ Long-term funds are also provided for development projects in backward / rural areas. viii) EMPLOYMENT GENERATION: ~ Capital markets provide Direct Employment in capital market related activities like stock markets, banks and financial institutions. ~ Indirect Employment is provided in all the sectors of the economy through various funds disbursed for developmental projects. ix) FOREIGN CAPITAL: ~ Capital markets make it possible to generate foreign capital by enabling Indian firms to raise capital from overseas market through bonds and other securities. ~ Such foreign exchange funds have a great impact on the economic development of the nation. ~ Moreover, foreign direct investments (FDIs) also bring in foreign capital as well as foreign technology that leads to greater economic development. x) DEVELOPMENT OF STOCK MARKETS: ~ Capital markets lead to development of stock markets by encouraging investors to invest in shares and debentures and to trade in stocks. ~ FIIs are also allowed to deal in Indian stock exchange. xi) FINANCIAL INSTITUTIONS: ~ Financial institutions play a major role in capital markets. ~ They provide medium / long term loan to industrial and other sectors and also undertake project feasibility studies and surveys. ~ They refinance commercial banks and rediscount their bills of exchange. ~ They provide merchant banking services. ~ They subscribe to equity capital of the firms. xii) INVESTMENT OPPORTUNITY: ~ Capital markets provide various alternative sources of investment to the people. ~ People can invest in shares and debentures of public companies and earn good returns. xiii) INVESTMENT IN INDUSTRIAL SECURITIES: ~ Secondary market in securities encourage investors to invest in industrial securities by providing facilities for continuous, regular and ready buying and selling of these securities. ~ This facilitates industries to raise substantial funds from various sectors of the economy. xiv) RELIABLE GUIDE TO PERFORMANCE: ~ Capital market serves as a reliable guide to the performance of corporate institutions. ~ It values companies accurately and thus promotes efficiency. ~ This leads to efficient resource allocation and economic development. *CONCLUSION: ~ Thus we can say that capital markets play a crucial role in the economic development of a nation. ~ A sound and efficient capital market is one of the most instrumental factors in the development of a nation.

α-glucosidase Inhibitory Effect of Coffee

ÃŽ ±-glucosidase Inhibitory Effect of Coffee Abstract The activity-based fractionation of coffee solutions by a series of chromatography techniques led to the isolation of an active compound I which exhibited a strong inhibitory activity against ÃŽ ±-glucosidase. The structure of compound I was established as norharman (9H-pyrido[3.4-b]indole) on the basis of HR-FAB-MS, 1H NMR, 13C NMR and 1H-1H COSY spectra. Compound I potently inhibited ÃŽ ±-glucosidase in a concentration dependent manner but it did not exhibit any significant activity against other glycosidases. A Lineweaver-Burk plot revealed that its inhibition mode of enzyme was uncompetitive with a Ki value of 0.13 mM. Keywords: ÃŽ ±-glucosidase inhibitor, ÃŽ ²-carboline, norharman, coffee, uncompetitive inhibitor Introduction Coffee is the most commonly consumed beverages in the world and the health benefits of coffee consumption have been extensively studied [10]: coffee has strong antioxidant properties in vivo [16, 18] and also reduces the risk of Parkinson’s [11] and Alzheimer’s diseases [4]. Recent studies have demonstrated that habitual coffee consumption is related to a significantly lower risk of type 2 diabetes [17, 19], but it remains unclear what mechanisms and what coffee constituents are responsible for the observed association. Animal and in vitro studies have suggested several plausible mechanisms for a beneficial effect of coffee on glucose metabolism: increase in insulin sensitivity [14], inhibition of glucose 6-phosphatase [2], an increase of glucagon-like peptide I concentration [15], and decreases the rate of intestinal absorption of glucose [12]. The ÃŽ ±-glucosidase is essential for carbohydrate digestion because carbohydrates must be degraded enzymatically in the intestine before they can be absorbed. The inhibition of ÃŽ ±-glucosidase slows down the process of dietary carbohydrates digestion and avoids postprandial hyperglycemia that plays a central role in the development of chronic diabetes associated complication [8]. Thus, ÃŽ ±-glucosidase inhibitors have exhibited high promise as therapeutic agents for the treatment of metabolic disorders, such as type II non insulin dependent diabetes, obesity, and hyperglycemia [3]. This work was intended to evaluate ÃŽ ±-glucosidase inhibitory effect of coffee previously reported as hypoglycemic and characterize the active principle isolated from coffee. Materials and Methods General p-Nitrophenyl (PNP)-ÃŽ ±-D-glucopyranoside, PNP-ÃŽ ±-D-mannopyranoside, PNP-ÃŽ ²-D-glucopyranoside and PNP-ÃŽ ²-D-galactopyranoside were purchased from Sigma-Aldrich (St. Louis, MO, USA). Yeast ÃŽ ±-glucosidase, almond ÃŽ ²-glucosidase, E. coli ÃŽ ²-galactosidase, jack beans ÃŽ ±-mannosidase, rat intestinal acetone powders, and norharman were also obtained from Sigma-Aldrich. Unless stated otherwise, all further chemicals were purchased from Sigma-Aldrich. All the reagents were of analytical grade. The UV spectrum was recorded on a Shimadzu model UV-160 spectrophotometer. High- resolution FAB mass spectra were obtained with a JEOL model JMS-AX505 HA spectrometer. 1H-NMR and 13C-NMR spectra were obtained on a Brucker AV 500 spectrometer operating at 500 and 125 MHz, respectively. (CD3)2CO was used as the solvent. Enzyme inhibition assay The intestinal ÃŽ ±-glucosidase inhibitory activity was determined as described previously with a slight modification [5]. The rat intestinal acetone powder was suspended in 100 mM sodium phosphate buffer (pH 7.0) and centrifuged at 12,000 rpm for 15 min. The resultant supernatant was used as the source of the small intestinal ÃŽ ±-glucosidases. For the assay of inhibitory activities of maltase and sucrase, the reaction mixture consisted of crude enzyme solution, 20 mM maltose or 200 mM sucrose, 100 mM sodium phosphate buffer (pH 7.0) and a given amount of inhibitor (50% dimethyl sulfoxide solution) in a total volume of 0.5 ml. After the reaction mixture was incubated for 15 min at 37 à ¢Ã¢â‚¬Å¾Ã†â€™, reaction was stopped by heating the mixture at 100 à ¢Ã¢â‚¬Å¾Ã†â€™ for 5 min. The ÃŽ ±-glucosidase activity was estimated by measuring the liberated glucose amount using the glucose oxidase method. Prior to measuring the glucose amount, the interfering agent, phenolic compounds were r emoved from reaction mixture by passing through a basic alumina column (1 x 3 cm). Acarbose was used as the positive control. The enzymatic activities of the various glycosidases were determined spectrophotometrically by monitoring the release of p-nitrophenol from the appropriate p-nitrophenol glycoside substrate [13]. The assay solutions and the potential inhibitors were added to a 96-well plate as follows: 20 L of 0.1 M phosphate buffer (pH 7.0), 20 L inhibitor, 10 L enzyme (1 U/mL), 10 L of 25 mM substrate and 40 L of methanol. Following incubation at 37  °C for 15 min, the assay solution was stopped by adding 300 L of 1 N NH4OH solution. The glycosidase activity was determined by measuring the amount of 4-nitrophenol released from p-nitrophenol glycoside substrate was determined with a microplate reader model 550 (Bio-Rad, CA, USA) at 405 nm. All of the analyses were performed in triplicate. The concentration of the inhibitor required for inhibiting 50 % of ÃŽ ±-glucosidase activity (IC50) was calculated by adjusting the experimental data (% inhibition versus the concentration of the inhibitor) to non-linear regression curves. The mechanism of enzyme inhibition was assessed by analyzing the double- reciprocal Lineweaver-Burk plot. Isolation of inhibitory compound from coffee Filtered brewed coffee was prepared in a household coffee maker: 75 g of ground roast coffee of Columbian Supremo (Arabica variety) and 500 ml water to give a brewed coffee. Commercial instant coffee (Tasters’ choice, Nestle) was made by dissolving 75 g instant coffee in 300 ml of hot water. Filtered brewed coffee and instant coffee solutions were separately centrifuged at 12,000 rpm and room temperature for 15 min, and used for isolation of ÃŽ ±-glucosidase inhibitor. The supernatant was adjusted to pH 9 with 1 N NaOH and extracted with ethyl acetate. The ethyl acetate layer was then extracted with 0.1 N HCl solution. This acidic solution was again adjusted to pH 10 with aqueous ammonia and extracted with ethyl acetate. The organic layer containing basic components was subsequently evaporated in vacuo. Forty batches of the above ethyl acetate extracts (total 3 kg each of ground coffee and instant coffee) were concentrated and subjected to silica gel column chromatography with an isocratic solvent system of chloroform-acetone (70:30). Fractions containing the active compound (F3-F6) were combined, evaporated, and subjected to a Sephadex LH-20 column (3 x 35cm) with MeOH as an eluent. Fraction number 10-12, which showed a high inhibition and a similar TLC profile (silica gel 60 F254, Merck, chloroform:acetone = 1:1, rf 0.2) were combined and further purified. The final purification of the active compound was achieved through semi-preparative HPLC separation on a reversed phase C18 column (ÃŽ ¼Bondapak, Waters, Milford, MA, USA) eluting with 75 % MeOH and detected through absorption at 254 nm. The retention time was 14.5 min. After removing the HPLC solvent in rotary evaporator, the active compound was obtained as a white powder by crystallization from cold acetone. Results and Discussion Both instant coffee and ground brewed coffee solutions inhibit ÃŽ ±-glucosidase enzyme activity. Instant coffee showed a slightly higher degree of inhibition than brewed coffee (Data not shown). The activity-based fractionation of coffee solutions by a series of chromatography techniques led to the isolation of an active compound I (2.24 ÃŽ ¼g/ g of roasted ground coffee; 3.85 ÃŽ ¼g/ g of instant coffee) which exhibited a strong inhibitory activity against ÃŽ ±-glucosidase. The isolated compound I was shown to be chromatographically pure by TLC and HPLC with various solvent systems and deduced to be a nitrogen-containing compound based on a positive reaction to Dragendorff’s reagent. The UV spectrum of the compound in methanol exhibited absorption maxima at 230, 285 and 348 nm. The molecular formula of compound I was determined to be C11H8N2 (M+ m/z 168.0736; calcd. 168.0688) by high resolution mass analysis. 1H NMR spectrum of compound I showed 7 aromatic proton signals (ÃŽ ´7.2-8.9 ppm) and one free proton signal (ÃŽ ´10.63 ppm). 13C NMR spectrum showed 11 carbon signals around 110-145 ppm (Table 1). Taken together, the structure of compound I was deduced as ÃŽ ²-carboline, norharman (9H-pyrido[3.4-b]indole, Fig. 1) with 1H NMR, 13C NMR, and 1H-1H COSY spectra and confirmed by comparison of physical data with those of the authentic specimen. Compound I potently inhibited ÃŽ ±-glucosidase in a concentration dependent manner, but it did not display any significant inhibitory effects against ÃŽ ²-glucosidase, ÃŽ ±-mannosidase, and ÃŽ ²-galactosidase when tested at a concentration of 10 mM (Table 2). The inhibitory profile demonstrated that the activity of compound I was greater against maltase compared with sucrase (IC50 values: 0.27 mM for maltase and 0.41 mM for sucrase). Although the inhibitory potency was weaker than that of therapeutic drug acarbose (IC50 value: 0.18 mM for maltase and 0.02 mM for sucrase), observed data clearly indicated the potential of compound I as an ÃŽ ±- glucosidase inhibitor. The pre-incubation of compound I with the enzyme increased the inhibition of ÃŽ ±-glucosidase activity, implying that this compound reacted with the enzyme slowly. The ÃŽ ±-glucosidase activity was fully restored when the enzyme was incubated with an amount of compound I which could inhibit enzyme activity up to 90 % follo wed by eliminating the compound I with a PD 10 desalting column (Pharmacia, Piscataway, NJ, U.S.A). This result demonstrated that compound I was a reversible inhibitor. A double-reciprocal Lineweaver-Burk plotting under various amounts of compound I showed linear lines intercepting on 1/V axis in parallel. The kinetic data suggested that the compound I was an uncompetitive inhibitor, with a Ki value of 0.013 mM (Fig. 2). As a result, compound I, a reversible uncompetitive inhibitor of ÃŽ ±-glucosidase, was isolated from coffee and identified as an active principle. When compound I was given in combination with a carbohydrate-rich diet orally, the postprandial plasma glucose levels were significantly dropped in non-diabetic rats (unpublished data). Compound I, a tricyclic indole ÃŽ ²-carboline alkaloid norharman is distributed widely in biological systems and exhibits a wide spectrum of pharmacological and neurological effects: antidepressant and antianxiety effects in rats [7], inhibitory activities of monoamine oxidase and nitric oxide synthase [9], as well as an increase of insulin secretion two- to threefold from isolated human islets of Langerhans [6]. However, ÃŽ ±- glucosidase inhibitory activity of norharman has not previously reported. Coffee has been noted as the primary exogenous source of norharman. A high variability in ÃŽ ²-carboline content of coffee samples was observed between coffee species (arabica, robusta) and also depended on roast degree and instant coffee production process. An average of 3 cups of coffee per person per day could account for an ingestion of up to 72 ÃŽ ¼g of norharman [1], although this will depend on the coffee strength. Coffee contains numerous substances. However, little is known regarding the effects of individual constituents on glucose metabolism. The cohort study has supported that the most prominent coffee compound caffeine is irrelevant to risk of type 2 diabetes [20]. Chlorogenic acid, the most abundant polyphenol in coffee, has been shown to reduce glucose concentrations in rats, caused by increasing insulin sensitivity as well as reducing hepatic glucose output through inhibition of glucose 6-phosphatase [12]. Without excluding any other possible mechanism, this report observes ÃŽ ±-glucosidase inhibitory activity as a possible mechanism of hypoglycemic effect of coffee and assigns ÃŽ ²-carboline alkaloid norharman as one of active principles in coffee. Coffee appears to contain active principles other than norharman as evidenced by several active peaks in chromatography systems. It may be possible that various active constituents in coffee act synergistically against ÃŽ ±-glucosidase acti vity. Characterization of other active principles is under progress. Figure legends Fig. 1. Structure of compound I (ÃŽ ²-carboline alkaloid norharman). Fig. 2. A Lineweaver-Burk plot analysis of rat intestine ÃŽ ±-glucosidase inhibition by compound I. 4-Nitrophenol-ÃŽ ±-D-glucopyranoside was used as a substrate. The concentration of compound I was 0 mM () or 0.25mM (). The values are expressed as means of triplicate reactions. Table 1. 1H and 13C NMR data for compound I in (CD3)2CO (ÃŽ ´ in ppm and J in Hz) position ÃŽ ´C ÃŽ ´H multiplicity, J 1 3 4 5 6 7 8 9 NH 10 11 12 13 134.8 139.5 115.1 122.3 120.1 128.9 112.4 122.1 112.6 137.2 141.6 8.90 8.33 8.0 8.28 7.21 7.53 7.60 10.63 (1H, br, s) ( 1H, d) J=5.5 (1H, d) J=5.5 (1H, d) J=8.0 (1H, ddd) J=8.0, 7.0, 1.0 (1H, ddd) J=7.5, 7.5, 1.0 (1H, dd) J=8.2, 1.0 (1H, br. s) Table 2. Inhibitory effects of compound I against various glycosidases Enzyme IC 50 ( ÃŽ ¼M) ÃŽ ±-glucosidase (yeast) 180  ± 3.2 Maltase (rat intestine) 270  ± 4.5 Sucrose (rat intestine) 410  ± 11.3 ÃŽ ²-glucosidase (almond) >1.0 x 104 ÃŽ ±-mannosidase (jack bean) >1.0 x 104 ÃŽ ²-galactosidase (E. coli) >1.0 x 104 Values are expressed as the means of triplicate reactions  ± standard deviation.

Machiavellian Advice from The Prince Essay -- Political Science

Niccolo Machiavelli was a middle-class and humanist-educated Florentine diplomat, philosopher, and writer who lived during the Renaissance in the late 15th and early 16th centuries. Although bestowed with the title of the father of modern political theory, Machiavelli has been, and continues to be widely misunderstood and misinterpreted (Kreis). The term â€Å"Machiavellian,† and it is in the dictionary, is defined as subtle or unscrupulous cunning, deception, expediency, or dishonesty (Dictionary). In acknowledgment of the enduring impact of Machiavelli on society, psychologists have identified a distinct personality style that is characterized by manipulativeness, cynicism about human nature, and shrewdness in interpersonal behavior, and named this syndrome after Machiavelli (â€Å"48†). Machiavellianism is described as a manipulative strategy of social interaction and personality style that uses other people as tools of personal gain (â€Å"48†). In this excerpt from The Prince, Machiavelli’s most recognized and popular discourse on morality and power, the author discusses and compares numerous aspects of the necessary attributes of a successful ruler. While he debates the pros and cons of vice and virtue, Machiavelli presents a compelling case for the adroit application of vice, in the event that princely virtues will threaten the sovereignty of authority. Most of Machiavelli’s work, including the The Prince, was only formally published posthumously, and the assumption would be that his intention in writing The Prince was not to inform the general public, most of who had neither reading skills, the access to books, or held positions of leadership and government. Machiavelli’s true intention in writing The Prince was to gain the att... ...itics. That Machiavelli has become synonymous with treachery is ironic, for this essay unmistakably and definitely confirms that throughout the history of civilization, those leaders who persevered and gained recognition as icons of power, character, and intellect were those who understood the balance of virtue and vice. Works Cited Dictionary.com. Dictionary.com. Web. 12 March 2012. Kirszner, Laurie G., and Mandell, Stephen R. Practical Argument. â€Å"From The Prince.† New York: Bedford-St. Martin’s. 2011. Print Kreis, Steven. â€Å"Niccolo Machiavelli.† The History Guide. The History Guide. Web. 10 Mar. 2012. SparkNotes Editors. â€Å"SparkNote on The Prince.† SparkNotes.com. SparkNotes LLC. 2002. Web. 6 Mar. 2012. â€Å"48 Laws of Power and the Machiavellian Personality.† Psychology and Mental Health Forum. Psychology and Mental Health Forum. Web. Mar. 12 2012.

Politics and Power in Today’s Corporate World Essay -- Corporations Po

Politics and Power in Today’s Corporate World An effective organization focuses on strong leadership, power and political issues. These components are critical to creating an organization mindful of values, ethics, culture and innovation. Analyzing the use of power and politics are essential to understanding the behavior of individuals within organizations. There are two sides to power and politics. In one respect power and politics imply the shady side of leadership. However, power and politics can be positive tools that managers use to accomplish tasks. This paper defines power and politics and examines how one can be used to influence the other in a positive way, thus resulting in gain, and in a negative, corruptive way, which ultimately leads to destruction of an organization. POWER Power has been described as the last dirty word. Money is easier than power for most people to talk about. People who have power deny it; people who want power try not to appear to be seeking it, and those who are good at getting power are secretive about how they got it (Kanter, 1979). The essence of power is control. In organizational behavior power is defined as the ability of controlling the behavior of others. Power is the force one uses to get things done. Power and leadership should not be confused. Leadership achieves goals and power is the means to facilitate their achievement. Power focuses on the tactics for gaining compliance while leadership focuses on style. Power is not without influence. One has influence when one has power. Power and influence are key components when a person is trying to achieve organizational goals. Power is divided into two categories; position and personal (Schermerhorn, Hunt, and Osborn, 2003). Power-based on a person’s position has six bases: coercive, reward, legitimate, process, information and representative (Schermerhorn, et al., 2003). The coercive power base is defined as being dependent on fear. A person will react to this power out of fear of the negative results that might occur. A manager has the power to suspend or terminate an employee this gives the manager coercive power over the employee. The opposite of coercive power is reward power. People comply with the wishes or directives of another because doing so produces positive benefits. In the organization context it can apply to promotions or favorable performanc... ...ely leads to destruction of an organization. Power and politics can be used to influence the success or failure of an organization. An effective organization selects strong leadership and takes precautious steps to control power and political issues. An organization that fully understands these issues creates a culture centered on values, ethics and innovation. By analyzing power and politics we are able to understand how they influence individual behavior in organizations. We can also better understand how they are used with good intentions and how to avoid them in destructive situations. References Kantar, R. (1979). Power failure in management circuits. Harvard Business Review, July-August, p.65. Iwata, E. (2004, July 9). Enron’s Ken Lay: cuffed but confident. USA Today. University of Phoenix. (Ed). (2003). Organizational Behavior, [University of Phoenix Custom Edition e-text]. John Wiley Publisher. Retrieved April 9, 2005 from University of Phoenix, Resource, MGT/331-Organizational Behavior Website: https://ecampus.phoenix.edu/secure/resource/resource.asp http://money.cnn.com/2002/05/07/news/companies/enron_board/index.htm http://www.gatesfoundation.org Politics and Power in Today’s Corporate World Essay -- Corporations Po Politics and Power in Today’s Corporate World An effective organization focuses on strong leadership, power and political issues. These components are critical to creating an organization mindful of values, ethics, culture and innovation. Analyzing the use of power and politics are essential to understanding the behavior of individuals within organizations. There are two sides to power and politics. In one respect power and politics imply the shady side of leadership. However, power and politics can be positive tools that managers use to accomplish tasks. This paper defines power and politics and examines how one can be used to influence the other in a positive way, thus resulting in gain, and in a negative, corruptive way, which ultimately leads to destruction of an organization. POWER Power has been described as the last dirty word. Money is easier than power for most people to talk about. People who have power deny it; people who want power try not to appear to be seeking it, and those who are good at getting power are secretive about how they got it (Kanter, 1979). The essence of power is control. In organizational behavior power is defined as the ability of controlling the behavior of others. Power is the force one uses to get things done. Power and leadership should not be confused. Leadership achieves goals and power is the means to facilitate their achievement. Power focuses on the tactics for gaining compliance while leadership focuses on style. Power is not without influence. One has influence when one has power. Power and influence are key components when a person is trying to achieve organizational goals. Power is divided into two categories; position and personal (Schermerhorn, Hunt, and Osborn, 2003). Power-based on a person’s position has six bases: coercive, reward, legitimate, process, information and representative (Schermerhorn, et al., 2003). The coercive power base is defined as being dependent on fear. A person will react to this power out of fear of the negative results that might occur. A manager has the power to suspend or terminate an employee this gives the manager coercive power over the employee. The opposite of coercive power is reward power. People comply with the wishes or directives of another because doing so produces positive benefits. In the organization context it can apply to promotions or favorable performanc... ...ely leads to destruction of an organization. Power and politics can be used to influence the success or failure of an organization. An effective organization selects strong leadership and takes precautious steps to control power and political issues. An organization that fully understands these issues creates a culture centered on values, ethics and innovation. By analyzing power and politics we are able to understand how they influence individual behavior in organizations. We can also better understand how they are used with good intentions and how to avoid them in destructive situations. References Kantar, R. (1979). Power failure in management circuits. Harvard Business Review, July-August, p.65. Iwata, E. (2004, July 9). Enron’s Ken Lay: cuffed but confident. USA Today. University of Phoenix. (Ed). (2003). Organizational Behavior, [University of Phoenix Custom Edition e-text]. John Wiley Publisher. Retrieved April 9, 2005 from University of Phoenix, Resource, MGT/331-Organizational Behavior Website: https://ecampus.phoenix.edu/secure/resource/resource.asp http://money.cnn.com/2002/05/07/news/companies/enron_board/index.htm http://www.gatesfoundation.org

Anabolic Steroid Use by Athletes Essays -- Steroid Use Among Athletes

  Ã‚   In the 1988 Summer Olympics, an unbelievable feat occurred. The feat happened during one of the premiere events, the 100 meter dash. The event was set up to be a great race between Carl Lewis of the United States and Ben Johnson of Canada. This did not happen. Ben Johnson blew away the field running a 9.79, a world record. Carl Lewis finished a distant second with a 9.88 ("Ben Johnson"). That is not the end of the story. Later on, the runners had to take a urinalysis. All of the runners passed but one, Ben Johnson. He tested positive for anabolic steroid use. It was later discovered that he'd been using steroids for several years. He was striped of his gold medal and his world record. Carl Lewis was given the gold and the world record ("Ben Johnson"). In the many years since this incident, no one has come close to Ben Johnson's time. The next fastest that has ever been ran was a 9.84 by fellow Canadian Donovan Bailey in the 1996 Summer Olympics. Steroids definitely enabled Ben Johnson to reach a new level that others haven't. Steroids are used as much in sports now as they have ever been in the past, even with stricter testing and knowledge of the harmful side effects. Olympians are especially prone to use these drugs because of the great pressure put on these athletes, but it is becoming wide spread through all sports. For the most part, the athletes get away with steroid use because of new technologies and using patterns which make the steroids undetectable to the tests. There are three main classifications of drugs in athletics. The first class is performance continuance drugs, which is the only accepted class in athletics. This class contains such drugs as aspirin, ibuprofen, and asthma inhalers. The se... ...com/enw/eae3a/babine3.htm. March 12, 1998. "BIG Sport." [on-line]. Available: http://www.bigsport.com/main.shtml. March 23, 1998 Elliot, Diane. "Intervention and Prevention of Steroid use in Adolescents." The American Journal of Sports Medicine 24 Nov-Dec 1996: 46. "NIDA Research Report Series." [On-line]. Available: http://www.nida.nih.gov/ResearchReports/Steroids/Anabolic.html. March 16, 1998. Nnakwe, Nweze. "Anabolic Steroids and Cardiovascular Risk in Athletes." Nutrition Today Sep-Oct 1996: 206. Prather, Irvine D. "Clenbuterol: substitute for anbolic steroids?" Medicine and Science in Sports 27 Aug. 1995: 1118. "The Steroid Bible." [On-line]. Available: http://www.anabolicsteroids.com. March 26, 1998. "The use of Anabolic/Androgenic Steroids by Athletes." [On-line]. Available: http://www.medstudents.br/sport/sport2.html. March 26 1998.

Thorn Queen Chapter Two

Crossing over to the Otherworld is easier for me than most people but still requires a bit of work. Once I'd packed up what I needed, I had to drive to Saguaro National Park and hike out to a remote corner of it. Here, two very faint trails intersected in a crossroads-a common marker for gates to the Otherworld. It and the human world lie very close to each other, and certain spots between the two are thinner. Of course, even a thin spot like this wouldn't always be enough for some people to make the journey in their own bodies. They might end up going in spirit or an elemental form. But me? I bore the blood of humans and of the gentry. I could therefore travel both worlds with ease, though my gentry heritage still unnerved me. It was only a recent discovery, one I had trouble coming to terms with. Standing at the crossroads, I closed my eyes, slipping into a trance very similar to the one I used to banish the spirit yesterday. A tattoo of a greenish snake coiled around one of my arms in tribute to Hecate, the goddess who guarded transitions and chthonic magic. Invoking her, drawing on her power, I stretched my body beyond this world. A moment later, I stood in the Otherworld. In a castle. A castle that belonged to me. I recovered myself quickly since crossover side effects almost never bothered me anymore. The room I stood in was a small sitting room, sparsely furnished. In the center of it was a rabbit paperweight, white resin with little blue flowers. It was silly, but that rabbit was imbued with my essence, meaning when I crossed over from Saguaro National Park-or any other crossroads of my choice-my body would travel to this spot rather than to some remote place. Footsteps sounded on the outside hallway's stone floor. A moment later, a bright-eyed young woman with long blond hair peered inside. Her face split into a wide grin when she saw me. â€Å"Your majesty,† she breathed, delighted. Turning back around, she yelled down the hall. â€Å"The queen! The queen is here!† I winced. Man, I wished I could come here without all the hype. Bad enough I had to come here at all. Her proclamation made, Nia ran up to me, squeezing my hand. She was one of my servants. I guess you'd call her my lady-in-waiting since she was responsible for my appearance most of the time. â€Å"Everything's ready to go to the Willow Land,† she told me. â€Å"I've picked out an amazing gown for you.† I shook my head, reaching into the backpack I almost always lugged around. The gentry favored heavy brocades and other elaborateness in their fashion. I wasn't up for any of that today. â€Å"I brought my own.† She stared at the dress I produced, then looked back up at me with raised eyebrows. â€Å"You're jesting, your majesty, right?† Those blue eyes pleaded. â€Å"Right?† I was saved from an argument when others entered the room. Still staring mournfully at the dress, Nia retreated so my senior staff could talk to me. Yeah. Senior fairy staff. Three months still wasn't enough time to get used to this. A tall, very lovely woman with glossy black braids strode in, her movements both athletic and graceful. Her name was Shaya, and I depended on her more than anyone else around here. She was my regent, handling all the dirty work I didn't want to deal with, and I was grateful and lucky to have her. With her was Rurik, the captain of my guard. Having guards was also something that took a lot of getting used to-particularly since they always wanted to follow me around. Rurik and I had gotten off to a bad start, probably because he'd tried to rape me the first time we met. Sporting a large build and pale blond hair, he'd proven himself a capable servant, though I'd often found him fooling around with other women who worked here. I had let him know in a very pleasant voice that I'd rip him apart if I ever found out those women hadn't consented to his advances. A few others trailed in, officials that I'd inherited with the castle when I killed its former king. I couldn't remember half their names. â€Å"Welcome back,† said Shaya, smiling. She didn't possess Nia's rapture but still seemed genuinely pleased to see me. â€Å"Your majesty,† the others intoned, bowing. They waited for me to sit in one of the chairs, joining me a moment afterward. â€Å"Nia says we're ready to go?† I asked, unable to hide my dismay at the upcoming trip. â€Å"Yes,† Shaya told me. â€Å"We simply await your command. At an easy pace, we should be able to do it in three hours.† I groaned. â€Å"Three hours. Do you know how crazy that is? I could do it in half that time by driving to a gateway in my own world and crossing over closer.† She regarded me indulgently, having heard this argument before. â€Å"You can't show up at Queen Maiwenn's court without your retinue.† Rurik, sprawled lazily in a chair, flashed me a grin. â€Å"It's part of your image, your majesty.† I rubbed my eyes. â€Å"Alright. Whatever. Any word on Jasmine?† His smile faded. â€Å"No. We've still got scouting parties roaming the kingdoms, but they've found nothing.† â€Å"Incredible. You guys can make trees come to life and raise stones from the earth, but you can't find one pouty teenage girl.† â€Å"We'll find your sister,† Rurik said grimly. I think he'd taken this mission as a matter of personal pride. â€Å"It may take awhile, but we'll find her.† I nodded because there was nothing else to do. The waiting infuriated me. Every moment that passed meant Jasmine, a mere fifteen years old, had another chance to get pregnant and give birth to a prophesied heir that would allegedly conquer the human world. I was subject to the same prophecy but was smart enough to use birth control. â€Å"Anything else? How are things going otherwise?† Shaya schooled her face to neutrality. â€Å"We manage, your majesty.† She kept her voice as blank as her expression, but I could see badly feigned disapproval on the others' faces. They didn't like the way I neglected my duties here. I suspected Shaya disapproved as well, but it didn't stop her from sparing me the details of the Thorn Land's day-to-day affairs. She knew I didn't really want to hear them, no matter my asking, so she didn't tell me. I noticed then just how truly oppressive the heat was in here. Everyone was sweating. â€Å"My God, it's hot,† I said. They all stared at me, and I immediately felt stupid. What had I expected? When I'd conquered the kingdom, it had shaped itself to my will, transforming itself into my idea of perfection: the Sonora Desert. The castle had not changed, and remained in its constant state: thick blocks of stone. Black stone. Stone that absorbed heat like crazy and had little ventilation. It was the kind of place more suited to cold, misty moors. The land had been greener and more temperate under its last ruler, Aeson. Aeson and I had had a fair amount of friction because he'd been trying to get Jasmine pregnant and had wanted to give me a shot too, in hopes that he would be the father of that world-conquering prince. Plus, Aeson was just a total asshole. I'd killed him in battle, and when a ruler dies, the land seeks out someone else powerful. That someone else had been me. I'd claimed the land without realizing what I was doing, and that's when it had transformed to this mirror of Tucson. It occurred to me how horrible it must be to live here. The gentry lacked most of the technology of my own world. No central air-conditioning. No electric fans. This place had to be roasting these people alive, particularly after what they'd been used to before I came along. Feeling bad for them, I reached out to the air around me with my mind. For a moment, there was nothing, and then I sensed the moisture particles hanging in the air. There weren't many, but they were there. Spreading beyond the room, I pulled in more moisture, undoubtedly turning nearby halls and rooms into ovens. In here, however, the temperature dropped and grew moist. A slight thrill ran through me, as often happened when I tapped my inherited gentry magic. Tentatively, I then attempted to move the air itself in some sort of breeze. Nothing. I had managed that feat only once and couldn't repeat it. Realizing what I'd done, Shaya crooked me a grin. â€Å"Thank you, your majesty.† I smiled back and stood. They all hastily followed suit, and I waved them down. â€Å"Hang out here if you want. It should stay cool for a little longer. I'm going to go do my†¦thing. Then we'll go.† I left the castle for one of its courtyards, a wide, terraced area that I loved. Saguaros and blooming prickly pears lined it. Purple-flowered smokethorns, the tree that had given this land its name, stood sentry, as did mesquite, filling the air with sweetness. A few hummingbirds darted here and there like bright, flying gemstones. I sat on one of the steps that led to the upper gardens and closed my eyes. This was why I had to come back. If left to me, I would have never returned. But once the Thorn Land had bound itself to me, it was mine. It depended on me for its survival. I didn't entirely understand my connection to it, but it was unbreakable. It was the reason I dreamed about this place. There was no escaping it. The sun beat down on me, forever reminding us we answered to nature in the end. My body relaxed, and soon, the life of the land spread into me. It always startled me at first, and then I quickly adapted, like it was the most natural thing in the world. The land was me, and I was the land. We were one, neither of us complete without the other. When I came to, I think almost an hour had passed. I stood up, shaking off my trance. I had extracted myself from that joining with the land but knew it was still with me. It was stronger for having just made the connection. I had fulfilled my duty. My party set out shortly thereafter. Horse riding was a skill I'd had to perfect pretty quickly since hanging out around here. There were no cars or planes. Shaya, Rurik, and Nia were with me, as were about a dozen guards. The guards rode stoically, eyes alert and watchful as they surrounded us. Rurik occasionally barked out an order to them, but mostly he bantered with Shaya and flirted with Nia. I wasn't too good at casual conversation and mostly just listened, more entertained by them than I wanted to admit. It was late morning, and the sun showed us no mercy as we traveled. I fared better than the rest, wearing shorts and sunglasses. The other women at least had lightweight dresses, but the men wore full leather armor and had to suffer considerably. None of them complained, not even Rurik, but sweat poured down their faces. So, it was something of a relief when we hit our first shift in the land. It's an oddity of the Otherworld that it folds in upon itself. Traveling is disorienting. In going in a straight line out of my kingdom, it was entirely possible to cross other kingdoms and then my own again without deviating from our course. We crossed into the Oak Land, and suddenly it was as though the Thorn Land had never existed. You couldn't even see it behind us. One of the guards broke his rigid demeanor to emit a small cheer that made everyone laugh. A cool, almost chill breeze rushed over us. Late autumn had settled on the Oak Land, setting the trees on fire with brilliant colors. It was gorgeous-and much more comfortable-but I secretly hoped we'd pass out of it soon. I had too many disturbing memories of this place. Sure enough, we soon crossed into the Thorn Land again, slamming into that unforgiving heat. It felt like traveling in circles, but the others assured me we stayed on course. That stint was brief, and our next shift took us to the Rowan Land. Late summer ruled here, but it was a more temperate summer than my own kingdom's. Cherry trees filled the landscape. Last I'd seen them, pink blossoms had covered almost every square inch of the branches. Now, as I looked closer, I could see bright red fruit weighing them down. And it was then that the wights attacked. Wights were denizens of the Otherworld, and while they weren't spirits exactly, they had the ability to turn invisible. So, my guards' vigilance had done no good. I counted seven as they swooped out of the orchards. They wore gray clothing and had long, pale faces. For the most part, they looked very much like humans and gentry. Light flared around them as they rained down bolts of power upon us. Wights were even more strongly tied to magic than the gentry, and conventional weapons had little effect on them. You had to take them down with magic. Unfortunately, the storm magic I'd inherited from my father still wasn't quite up to hardcore attacks. Neither was my guards' magic. Special magic-wielding soldiers aside, I'd learned most warriors here were weak in magic; it was why they'd chosen a more physical profession. I still suspected the silver bullets in my Glock might hurt the wights. Only, I had a problem. My guards had closed rank around Nia-the only civilian here-and me. Getting a shot off would likely kill one of them. â€Å"Let me out!† I yelled. â€Å"Let me fight!† The guards ignored me and, in fact, redoubled their own shouts of â€Å"The queen! Protect the queen!† Swearing, I managed to lean through and get a shot off that took one of the wights in the chest. It didn't kill him but clearly caused severe injury. Nearby, a cherry tree ripped itself from the earth. Infused by magic and therefore potentially lethal, it attacked the wounded wight. That was Shaya's handiwork. She had been a warrior before settling into my administration. As we fought, I soon deduced the point of this attack. The wights wanted me-not to kill me, but for other†¦more amorous purposes. They didn't seem to have much organization save to hack through and see who could get to me. Whoever did could have me. It sickened me, and an old, familiar fear welled up. I could handle concussions, broken bones, and the other myriad effects of my vocation. Rape was not something I could contend with. It had become a daily danger, however, since learning about my half-gentry heritage. My father, honorifically dubbed Storm King, had been a tyrannical warlord-one of the most powerful magic users the Otherworld had ever seen. He'd been intent on crossing over and conquering humanity. He'd come damned close, too, until my stepfather, Roland, had defeated him. Unfortunately, a prophecy had surfaced in Storm King's wake, a prophecy that said his daughter's son would complete his work. That was why I was such a hot commodity among Otherworldly males who believed in Storm King's vision. It was also why Jasmine wanted to get pregnant. Giving up on the gun, I produced my jewel-studded wand and started simply casting out the wights to the Underworld. Instant death. As I did my thing and the guards did theirs, we suddenly reached a point where all grew quiet. The wights were dead or gone. Everyone in my party immediately looked to see if I was all right, which I found ridiculous since two of the guards lay on the ground, and a number of them were bleeding. â€Å"Forget about me,† I snapped. â€Å"Check on them!† None had died, much to my relief. Gentry were hard to kill in their own world. They were long-lived and hardy. One of the guards had some healing powers, and we spent a considerable amount of time patching the group up. When we finally set out again, Shaya glanced up at the sun's position and frowned. â€Å"We're going to be late.† I thought about Kiyo. Then I thought about Maiwenn, who always looked like some sort of golden goddess, even with her belly ready to burst with Kiyo's son or daughter. Walking in late to her elite baby party, breaching etiquette under her cool gaze†¦Well, suddenly I wanted to ride as we'd never ridden before. Unfortunately, our wounded couldn't do that. Frustrated, we finally split the party, and those of us who were uninjured rode on at a brisk pace, hoping to cut our time. Before long, we crossed to the Willow Land and slammed into its freezing temperatures. It was just coming out of winter, and spring thaws were in progress, but the chill proved a shock nonetheless. We rode on down the road, determined to get there. We finally made it. But we were still late. Maiwenn's castle staff eyed our bedraggled state but showed me to a room where I could clean up and get ready. Nia practically had a conniption as Shaya and I hastily washed ourselves off and pulled on fresh clothes. Nia's magical gifts gave her a knack for adorning others and arranging hair. Kind of a magical beautician. It killed her that I almost never utilized her services. I could see her itching to do something intricate to my hair, but I shook my head. â€Å"No time. Make it fast. Wear it down.† Obliging-but disapproving-she used magic and a brush to work it into gleaming, silky lengths, pulling a little of it up with a barrette and stealing a couple of small daisies from a nearby vase to tuck into the barrette. With her magic, I knew it would stay perfectly arranged for hours. I splashed on some violet perfume, hoping it would cover any sweatiness I'd missed. With that, we were off. When Shaya and I approached the ballroom, it was obvious we were the last to arrive. The room was packed. I sighed loudly. â€Å"It's all right,† murmured Shaya. â€Å"You're a queen. You're expected to be eccentric. Don't look embarrassed.† â€Å"Is it possible,† I asked, â€Å"that we could just sneak in without anyone noticing?† Before she could answer, a herald stood in the doorway and announced in a voice designed for carrying over loud crowds: â€Å"Her Royal Majesty, Queen Eugenie Markham, called Odile Dark Swan, Daughter of Tirigan the Storm King, Protector of the Thorn Land, Beloved of the Triple Moon Goddess.† Dozens of heads swiveled toward us. I sighed again and answered my own question. â€Å"Apparently not.†

located in Rosemount

The farm is located in Rosemount. Linstead, St Catherine. The distance from the farmer’s house to his farm is 200ft and about half mile from the town of Linstead. The size of the farm The size of the Rosemount farm is eight hectares which includes 6 sections of plots used to plant various crops. This is the usual size of small farms in the Caribbean because small farms size usually range from zero to ten hectares. Markets Britain and other European countries have traditionally been the main export markets for Caribbean agriculture. Due to increased competition, the Caricom market has become more important for regional agriculture.In Jamaica, small scale farmers mainly market their crops in the following ways: Directly to supermarkets such as: Shoppers Fair, and Hi-Lo. Higglers that come mainly from around the St Catherine area, includes Spanish town and Linstead. Directly to hotels some of which include: Altamont Court Hotel, Terra Nova All Suit Hotel, The Liguanea Club and Th e Spanish Court Hotel. Selling at monthly farmers market which is coordinated by Rural Agriculture Development Authority (R. A. D. A). To manufacturing companies like Grace Kennedy Ltd Directly to consumersThe produce from Rosemount farm is marketed in the following ways: Directly to higglers and export to the Caricom of Antigua and Barbuda The Caricom market has proven to very profitable for the Rosemount farmer and therefore allows him to adequately take care of his family, workers and will enable him to use some of the profits for future expansion of his farm. Labour Rosemount farm employs four female workers to assist with farming activities. No family member is employed to the farm. Additional labour is required on the farm to assist with the following farming activities.