When to Use Palate, Palette, and Pallet

The nouns palate, palette, and pallet are homophones: they are pronounced similarly but have different meanings. The noun palate refers to the roof of the mouth or the sense of taste.The noun palette refers to an artists paint board or a range of colors.The noun pallet is a straw-filled mattress or a hard bed. Examples Egypts senior archaeologist recently discovered that King Tutankhamen was born with a cleft palate and a clubfoot.Walt Disneys Pinocchio paraded the studios early perfection of the cartoon form: subtle character delineation, a rich color palette, and an inside knowledge of boyhood traumas.In one of the more lurid fairy tales, ogres chop off the legs and arms of a woman to make her body fit a pallet.Percy Painter, a promising but penniless portraitist, might possibly profit were he to pick up, perhaps procure, (1) a plentiful patron with a palate for portraiture, (2) a palette with pigments properly primed, and (3) a pretty person pleasingly prepared to pose pleasantly on his paltry pallet. (Robert Oliver Shipman, A Pun My Word: A Humorously Enlightened Path to English Usage. Rowman Littlefield, 1991)

George Washington The First President Of The United States

George Washington, the First President of the United States, one of the most famous people in his time and in our time, was not always the President of the United States of America. He had an interesting life as Commander in Chief of the Colonial Army, a General in the Colonial Army, a father, and a husband from when he was born in Westmoreland County, Virginia on February 22, 1732, until he died on December 14th, 1799 at Mount Vernon where he had lived two years after he left the presidency. Most of Americans remember from when their American History teachers in the seventh grade painted an honorable picture of George Washington as the Commander in Chief of the Colonial Army and as the First President and the person that turned down the†¦show more content†¦After George’s half-brother died, he inherited part of Lawrence’s estate and took on his brother’s duties as Adjutant of the Colony. With his new job, which promoted him to Major, at the age of 20, he was given the duties to train the militia in his section he was given. George saw actions in wars and led his section of his militia to victory many times. His first show in his career was when he volunteered to deliver a letter from the Virginian Governor, Robert Dinwiddie, for the French troops moving into the Ohio County, to warn them to retreat and forfeit the territory, which was owned and claimed by the British. Whilst delivering the message from the Governor, he learned that the French were planning on making a bigger and further advance. He raced and hurried back to Virginia where he had been made Lieutenant Colonel by the governor and the governor gave Washington about 400 men to reinforce the line and posts that the governor had ordered to be made, at the junction of the Allegheny and Monongahela rivers. However, the French captured the line and post before the 400 troops under Washington’s command could reach it, and on learning that they were approaching in huge numbers, Washington hurried and retreated to the Great Meadows to build an entrenched camp, and named it Fort Necessity. Late May of 1753, he had won his first military battle as a Lieutenant Colonel and was made a Colonel when he surprised, with the help of the intelligence of his Native

Disaster and Emergency Management Free Essays

The Philosopher Aristotle said that â€Å"the greatest virtues are those which are most useful to other persons† and former US President John Adams also said that â€Å"if we do not lay out ourselves in the service of mankind whom should we serve? † I believe that I have lived up to the sayings of a great thinker and a leader and nothing is more rewarding than to give my life to safeguard the security of Canada and my countrymen. After my Bachelors degree in Criminology in York University, I worked as a Signal Operator in the Canadian Forces Army Reserve Toronto Communication Regiment for seven years. As a Signal Operator, I have installed and operated satellite communication systems and digitized high-frequency in order to facilitate effective emergency communications during domestic emergency operations. We will write a custom essay sample on Disaster and Emergency Management or any similar topic only for you Order Now The job also allowed me to manage local area networks (LANs) and local distribution networks, operate cryptographic equipment, generate key material, coordinate circuit restoration in communications and information networks, plan communications services, and perform in land operations. Due to my skills and abilities, I have managed three member mobile radio detachment units in various extreme weather conditions, taught new recruits on the use of communications equipment at the Canadian Forces School of Communication and Equipment and manage the safekeeping of top secret communications equipment. In the army, I am tasked to fight as infantry and use personal weapons, reconnaissance and section level tactics when the need arise. From November 5, 2007 to present, I have been working as a Border Service Officer to safeguard the security and protection of the Canadians from people who are entering the border. I have to assure my country that these people will not threaten their lives and no prohibited goods will pass through the border. All people and goods getting into Canada must comply with Canadian laws and regulations. In a fight against terrorism, I assist in combating money laundering activities, prohibit the entry of firearms and detain people who pose as threat to my country. To safeguard the health of our people, I have to be on guard against the introduction of human, animal and plant diseases as well as the flow of narcotics and other illegal and prohibited substances. In compliance with the child abuse and protection law, I prevent the practice of child trafficking and child pornography. In August 2006, I completed my BS Criminology degree with Honours and I was placed on the Dean’s Honour Roll List as well as the Sessional AcademicAchievement list at York University. With my academic achievement, knowledge and skills, I am confident that I would make an excellent addition to the graduate program in Disaster and Emergency Management at York University. My passion for public safety and security will be enhanced when I obtain a Masters degree as I will learn to design and implement effective policies related to emergency response and preventative techniques for the Canadian soldiers in order to increase the protection at our borders and airports. Upon completion of the program, I will be prepared to occupy the senior management level position and write new policies, procedures and regulations as well as updating existing ones. I will also be deployed to Afghanistan and several overseas missions throughout my career. The knowledge and skills that I will gain will be used to aid Canadian soldiers, NATO allies and UN personnel who are affected by natural disasters and acts of terrorism. The 911 incidence awakened my passion to be totally committed in safeguarding Canada and protecting the lives of my countrymen. The potential threat to our security has increased tremendously after 911. Something has to be done and I believe that I have a role and a mission in protecting the interest of the Canadians. The birth of the Masters in Disaster and Emergency Management program at York University is the tool that will help me become professional in this field. The battle cry for a secured and peaceful Canada can never be ignored and nothing can stop me from reaching my goals. References: HeartQuotes (2007).   â€Å"HeartQuotes: Quotes of the Heart†. Retrieved from http://www.heartquotes.net/Service.html on December 19, 2007. Thinkexist.com Quotation.   â€Å"John Adams quotes† Retrieved from http://thinkexist.com/quotes/john_adams/   on December 19, 2007. How to cite Disaster and Emergency Management, Essays

Asymmetric Information in Financial Markets

Question: What is the purpose and objectives of corporate governance, and the principles on which it is based.? An explanation of what is meant by rules-based and principles-based approaches to corporate governance, identifying the arguments for each approach.? What advantages might the company gain through the appointment of non executive directors? Explain the importance of board committees in corporate governance.? An Identification of three of the committees frequently established in organisations and explain their purpose.? Answer: Agency dilemma, in a better way is known as principal-agent problem (Malcomson Spinnewyn, 2004). It may be stated that, this is that particular situation that arise when an individual or the agent is able enough to take and make pronouncement on the behalf of and that which has an impact on the other person or the agent, who is the principal. Sometimes there arises a quandary, mainly because in certain cases the agent is induced to act in several ways that might suit his best interest, rather than adhering to the importance of the principal. Therefore, it is evidently stated that, this principal-agent relation is a very functional and constructive apparatus in not only political science and economics but also applicable to other areas. Source: [blog.design-squared.eu] On the way to get a detailing on this issue of principal-agent problem, very common examples that can be cited are of shareholders (principal) and corporate management (agent), voters (principal) and politicians (agent). The crisis crops up when the two existent parties, i.e, the principal and the agent, have asymmetric information and unlike interests (Thomas, 2004). Due to this asymmetric information, where the agent is supposedly believed to have more part of the information, the principal anyway feels that the agent is acting keeping in mind his or her own perspectives and interests. In this particular kind of scenario, some clash of interests and ethical hazard might arise, the reason being that the principal is in most of the cases at the risk and probability of getting exploited by the agent. As a result of this grave situation, the principal might try to avoid any kind of deal with the agent. But, actually the transaction would have also been a fruitful one, serving the inter ests of both the parties. As a matter of fact here lie the disadvantages of the Asymmetric information (Bebczuk, 2003). This obvious deviation from the interest of the principal on the part of the agent is termed as Agency costs Source: [www.wikispaces.com] Source: [wiki.wooster.edu] As such, there are several means that may be utilized in the alignment of the interests of the agents with that of the principal. For example, in employment, the employers who are the principal use tools like profit sharing, piece rates/commissions, efficiency wages, or even the threat of employment termination. The concept and theory of principal and agent came into being in the 1970s, as a result of combination of disciplines of the institutional theory and economics (Tihanyi, et.al, 2012). In the perspective of law, perhaps the principals are not aware of the fact that whether a contract has at all been satisfied or not, the result of which is that they finish up with the so called agency costs (Chernenko, et.al.,2010) Source: [www.slideplayer.com] The lack of information that leads to agency problem can also be depicted in a more relevant way as below. Source: [www.tutor2u.net] The issue of principal agent problem basically revolves around the central agenda of how to get more of the workers who are the principal in favor of the agents who are the employers. The discussions on the following points may help in getting a better understanding: Ownership and control In case of any private concern, the owners what they do is elect the board of directors, who in turn exercise control over the business resources available for them. But, there may arise situations, where the owner of the company has to sell some of the shares of the company or take out some bonds. It is at this juncture that, the authority might lose some of the allotted powers. The other stakeholders might exercise their right to votes where the loan providers very often have some authority over the business assets (Friedman Miles, 2006). A disagreement may be caused here due to the presence of several shareholders, who in turn have different targets (Claessens, 2011). Employee share ownership schemes A wide spectrum of strategies is present for dealing with the issue of principal-agent problem. One such strategy is the growth of employee share ownership plans (Chamberlain, et.al., 2009) But the usage and mishandling of share alternative has been a controversial topic over several years now. Designing of contract In order to reduce and manage the economic tussle, the principals and agents need to design and agree on a specified contract. This contract acts as a blueprint and guide in order to safeguard the best of interests of the parties, i.e, principal and the agent. The given equation is used to establish incentive compensation in a contract (Gomez-Mejia Werner, 2008): w= a+ b (e+ x+ gy), where, w= wage, a= constant, e= observed effort, x= unobserved exogenous result and its effects, y= observed exogenous effects, g and a stand for the weight given to y, and the income base. A contract related to business eventually creates an easy association between the performances of the agents and the net effectiveness. Overall, it is said that this relation is the parameter for judging the agent performance. Performance evaluation In any kind of business relationships, it is the principal who uses the evaluations based on performances to assure that the agent on his part is fulfilling the required responsibilities (John Eeckhout, 2006). Performance estimation can be of two types: Subjective performance evaluation- In this, it is the principal who directly evaluates the performance of the agent. The judgment in case of subjective performance evaluation is based on opinions (Prince, 2007). Objective performance evaluation- This particular evaluation is based on the comparison that is made with the performance of the agent with that of the work that has been finished by peers inside the business (Stufflebeam, 2001). Incentive structures The structure of incentives is a very crucial part of any business relationship. It is this that forms a viaduct between the interests of the agent and the principal (Moro, et.al., 2005). The principal propose various deals that in turn act as a motivating factor to the agents so that they work efficiently. Therefore, to conclude, it can be inferred from the above made discussions that, the principal-agent problem, that is also known as agency dilemma subsists in any business set up where there is a difference of interests between the agents and the principals. References Bebczuk, R. (2003). Asymmetric information in financial markets. Cambridge, UK: Cambridge University Press. Chamberlain, C., Ife, M., Chamberlain, C. (2009). Employee share schemes. Haywards Heath: Tottel. Chernenko, S., Foley, C., Greenwood, R. (2010). Agency costs, mispricing, and ownership structure. Cambridge, MA: National Bureau of Economic Research. Claessens, S. (2011). Expropriation of minority shareholders (3rd ed.). Washington, DC: World Bank. Friedman, A., Miles, S. (2006). Stakeholders. Oxford: Oxford University Press. Gomez-Mejia, L., Werner, S. (2008). Global compensation. London: Routledge. John, L., Eeckhout, L. (2006). Performance evaluation and benchmarking. Boca Raton, FL: CRC Press. Malcomson, J., Spinnewyn, F. (2004). The multiperiod principal agent problem (3rd ed.). Southampton: University of Southampton. Moro, G., Sartori, C., P. Singh, M. (2005). Agents and Peer-to-Peer Computing. Berlin: Springer. Prince, M. (2007). A model for subjective evaluation of performance (2nd ed.). Windsor, Ont.: University of Windsor, Faculty of Business Administration. Stufflebeam, D. (2001). Evaluation models. San Francisco: Jossey-Bass. Thomas, J. (2004). Income fluctuation and asymmetric information (3rd ed.). Reading, Berks[hire], UK: Dept. of Economics, University of Reading. Tihanyi, L., Devinney, T., Pedersen, T. (2012). Institutional theory in international business and management. Bingley, U.K.: Emerald.