Cell Phones And Its Effects On Society - 1793 Words

Every day technological ideas are developed by marketers to create the next big thing in electronic devices so that it makes people’s lives more convenient. Cell phones as an example is used in the article, â€Å"Our Cell Phones, Our Selves† by Christine Rosen to discuss how it changed the lives of people in society. Overtime, new developments of cell phones has allow people to contact each other and to explore the internet with just a touch of a finger. This electronic device has made huge hits for businesses and corporations because of how much profit they get from millions and millions of consumers. However, people don’t realize that there is also negative consequences using mobile phones because it mainly decreases the communication in†¦show more content†¦A similar perspective to Rosen’s idea is a writer named Laura Jerpi who writes for the South Source website. She emphasizes Rosen’s idea through her interviews with the psychologist D r. Lisabeth S. Medlock that people spend majority of their time with their phone on social media like Facebook and Twitter. Not only adults are affected by this, but their own children are conforming to this kind of society which decreases the quality time spent in a family. Interactive time is significant because it is where people connects with each other and express their feelings and if people are spending most of their time on their electronics then families will lose that face-to-face communication. However in another interview with a general studies director named Tony Starkweather, he gives a different perspective that differs from Rosen’s idea. He mentions, â€Å"The mobile phone has made it easier to amplify those mistakes† (Jerpi). In his opinion he believes that phones are not decreasing our communication, only to enhance it. High School is the appropriate age when a child should be given a cell phone and there should parental controls when they are accessing the Internet. Parents think that giving their kids phones will allow them to easily contact their child and that they will be safer with a phone. Marguerite Reardon, a senior writer at CNET who gives advices about technology, believes that

A Doll’S House By Henrik Ibsen Illustrates The Tale Of

A Doll’s House by Henrik Ibsen illustrates the tale of Nora Helmer, a Norwegian housewife and mother, who ultimately and courageously takes a stand against her husband Torvald Helmer. During the beginning of the play Nora succumbs to her husband’s will and often does whatever it takes to please him. She listens to him in all matters and expresses her true feelings to her companions. The marriage between Nora and Torvald is delusive because he treats her, as the title proclaims, like a â€Å"doll†. By the end of the play Nora evolves from a child-like and secretive woman to a heroine of strong will. After confronting Torvald and calling him out on his sexist behavior towards her, she leaves her duties by walking out of what use to be her home.†¦show more content†¦It is Torvald who is behaving impulsively by choosing to say whatever he desires to Nora. Nora already struggles with her self-worth and desires to prove herself to everyone in stating, â€Å"Yes, Torvald still says I am. But little Nora isn’t as stupid as everybody thinks† (Ibsen, 9). Instead of being appreciative of the fact that his wife values his opinions, Torvald does not recognize how his words could impact or hurt Nora’s self-esteem. Torvalds’s condescending attitude is also depicted through the pet names he uses for Nora. In Act One Nora tries to help Krogstad regain a position at the bank. As she is informing Torvald how serious and important the situation is to her, Torvald proclaims, â€Å"Little song-birds must keep their pretty little breaks out of mischief; no chirruping out of tune† (Ibsen 31). In a marriage, a pet name may be used to address one’s spouse as a symbol of affection, such as the term â€Å"sweetheart† or â€Å"honey†. It is not the pet name itself that poses a problem. Nora does sing and perform, but the real issue lies in the way Torvald utilizes these names. Nora is more than a pretty face. Although she lacks certain skills, such as cooking, she places her husband before herself. This is conveyed to the reader when Nora explains to Krogstad the reason for her dishonesty. Nora argues that she forged her father’s signature in order to receive money to care for her husband

Pablo Picasso Essay Paper Example For Students

Pablo Picasso Essay Paper Art is the quality, production, expression, or realm, according to aesthetic principles, of what is beautiful, appealing, or of more than ordinary significance. Consequently, relating the truth in an artwork depends on how aesthetically an author wants to show his work. Truth is something that has conformity with fact or reality. â€Å"An author corresponds his artwork through literary imagination, as a way of getting his message across to the audience. Literary imagination is an aesthetic object offered by a writer to a lover of books.† Samuel butler said ‘Every mans work, whether it be literature, or music or pictures or architecture or anything else, is always a portrait of himself.’ A literary work has some subjectivity in it so my knowledge issues are â€Å"Can subjective communication of thoughts hide the truth of an art? Or truth is such a thing that cannot be fully revealed through subjective medium.†Ã‚  Emotions, reasoning and language play a major role in spreading truth through a literary work so with regard to my knowledge issues I am taking emotion, reasoning and language as my ways of knowing and exploring the knowledge issues in the area of knowledge art. With literature, at times when a writer claims something, within his work he does give some example and proves it right or wrong and we accept whatever the claim is as truth regardless of the fact that the story in which he is proving something as truth is fictional. What a writer writes is his point of view hence, when art is displayed truthfully the way it is, it may not have the right appeal to the readers consequently art that is truthful could be labeled as an unaesthetic work â€Å"By ‘unaesthetic’ I understand a relation of philosophy to art that, maintaining that art is itself a producer of truths, it makes no claim to turn art into an object for philosophy. Against aesthetic speculation, unaesthetic describes the strictly intra-philosophical effects produced by the independent existence of some works of art.† Sometimes Even if the writer shows a truth that in reality exists, the way he depicts it might change it’s complete meaning and can fail to convey what he is trying to say to the readers through his work. This shows that literature doesn’t always define reality but is close to it and that sometimes it could be that people tend to not accept the truth simply because they are not ready to accept it. Emotions are mode of influence as emotions can lead us closer to the way we see truth. Our emotions affect the meaning because they can either draw us or influence our perception of the literature work. In literature, even a story that is not true can show the reality of the society or life for example in twilight Stephenie Meyer wrote â€Å"hasn’t anyone ever told you? Life isnt fair.† Stephenie Meyer, her novel shows how the character faces problems in her life and then claims that life isn’t fair. Those readers who faced a lot of problems in their life and they relate themselves to this character might take this as truth. Even if a writer shows truth in his work a reader will not acquire it unless he has the same emotions while reading it in line with the way the writer felt about the character while writing it. Emotions cannot take us close to truth, in the case of those readers who never face the same problems as the character. For them Stephenie Meyer’s quote wouldn’t be relatable to their lives. So to bring out the truth from a literature work, readers need to feel how the writer felt.  Emotions can take us close to truth only if the reader can relate to the author’s claim in the sense what the author thinks or the experiences faced by a character in the novel. .u5345f94ee2d0ddfdfa8d3714d8acee0b , .u5345f94ee2d0ddfdfa8d3714d8acee0b .postImageUrl , .u5345f94ee2d0ddfdfa8d3714d8acee0b .centered-text-area { min-height: 80px; position: relative; } .u5345f94ee2d0ddfdfa8d3714d8acee0b , .u5345f94ee2d0ddfdfa8d3714d8acee0b:hover , .u5345f94ee2d0ddfdfa8d3714d8acee0b:visited , .u5345f94ee2d0ddfdfa8d3714d8acee0b:active { border:0!important; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .clearfix:after { content: ""; display: table; clear: both; } .u5345f94ee2d0ddfdfa8d3714d8acee0b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u5345f94ee2d0ddfdfa8d3714d8acee0b:active , .u5345f94ee2d0ddfdfa8d3714d8acee0b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .centered-text-area { width: 100%; position: relative ; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u5345f94ee2d0ddfdfa8d3714d8acee0b:hover .ctaButton { background-color: #34495E!important; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5345f94ee2d0ddfdfa8d3714d8acee0b .u5345f94ee2d0ddfdfa8d3714d8acee0b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5345f94ee2d0ddfdfa8d3714d8acee0b:after { content: ""; display: block; clear: both; } READ: Pablo Picasso And Cubism EssaySometimes the Language used in art is powerful enough to bring us closer to truth. The writer’s language does affect a reader’s mind. Rabindranath Tagore, who won the Nobel Prize for Gitanjali, is the best example of those authors whose main focus is not to make a work aesthetic but to show the reality. The power of language is used to show the reality not to make it artistic â€Å"Leave this chanting and singing and telling of beads! Whom dost thou worship in this lonely dark corner of a temple with doors all shut? Open thine eyes and see thy God is not before thee!† In Gitanjali, Rabindranath Tagore effectively used the language to expose the harsh realities of Indian society, which was castridden, irrational and extremely religious. It was the power of the language, which Rabindranath Tagore used in Gitanjali that touched everyone’s heart. It’s the language that forced readers to accept the truth that existed but wasn’t really accepted.

Magical Realism in The Curious Case of Benjamin Button Essay Example For Students

Magical Realism in The Curious Case of Benjamin Button Essay In life the process of aging is something inevitable. Everyone gradually ages in time; it is what you do with that time that matters in the end. What if someone could age in reverse instead of dying old one could die young? Mark Twain said; Life would be infinitely happier if we could only be born at the age of 80, and gradually approach 18. The film The Curious Case of Benjamin Button uses magical realism to show how life would be happier if one were to age in reverse. I would describe magical realism as realistic but invaded by factors that happen without an explanation. This film has five characteristics of magical realism. First the film makes ordinary subjects seem extraordinary. It also does not justify unreal elements or why they happen. This film touches the heart in a way that it expresses feelings that are unexplainable in words. Therefore in the film the unreal happens as a part or as an extension of reality. Finally the film reveals the mysterious side of the ordinary, giving the ordinary a deeper meaning. At birth Benjamin’s mother dies, and his father gives him away to a nursing home where he is cared for by Queenie. The Curious Case of Benjamin Button is a film about a man born with the physical characteristics, and appearance of an 80-year-old man. He is also born with the mind, and likings of an old man. He grows younger, and younger as the years pass on, which makes him an outsider to those that know of his condition. In the film Queenie immediately decides that baby who is as ugly as an old pot is a child of God who must be cared for, no matter how difficult that may be (Fincher, 2008). Queenie is an ordinary hardworking woman who runs a retirement home in the 1920. What makes her extraordinary is her ability to see past Benjamins odd appearance despite the social expectations of her time. Queenie tries to bring normality to a situation that is extraordinary. As Benjamin starts to age in reverse he is in a wheelchair, and turns out to be a great listener. He did not think he was a child but because he was always around old people he thought he was just an old man. When is 7 years old Benjamin looks 80. Everyone wants to tell him what theyve been through in life. A man with a poor memory points out again, and again that he was struck by lightning seven different times. God keeps reminding me Im lucky to be alive† (Fincher, 2008). The man tells how he got stuck throughout the film. In actuality kids are not great listener’s, and nevertheless will people start telling a kid what one has gone thought in life. This shows how an ordinary 7 year can be extraordinary gifts. Both of these characters seem ordinary at the beginning but have qu alities that make them seem truly extraordinary. Benjamin meets Daisy she is the granddaughter of one the residents at the home. They instantly bond, and become friends regardless Benjamin’s difference in appearance. Daisy somehow realizes that even though Benjamin has the body of an old man he sees he is different in his mind he sees the innocent of a seven year old. There is no explanation to their friendship it just happened. In this film there are a few events that happen with no need of justification. One of those events takes place when Benjamin decided to volunteer as a cook for Captain Mike crew and joins them in World War ll. At first they sailed and thought they were ready for war. Later on the war catches up to them, and they encounter a transport that had over 1,300 men was split by a torpedo. The Origins of Star Wars EssayIn the film Daisy and Benjamin have a daughter named Caroline. Benjamin is worried about how he is supposed to be a father to his daughter Caroline if he keeps getting younger. Benjamin decides to leave Caroline to be raised by Daisy he knew that his daughter needed a father not a playmate. A few years later Benjamin decides to return goes to Daisy’s dance studio to find out Daisy is married. When he sees his daughter he is amazed by how similar they look of age, and how the years have gone by. This is the part when magical realism comes into play . The audience is not expected to believe that a father can meet his daughter after being gone for years, and age in regression but it still happens. To summarize the last characteristic the film fits into magical realism the film reveals the mysterious side of the ordinary, giving the ordinary a deeper meaning. The beginning of the film shows that Daisy is in a hospital in New Orleans during Hurricane Katrina. She is dying, and her daughter is reading Benjamin’s diary to her. The story of Benjamin’s life is a story within a story. All of the events Caroline is reading to her mother are happening as the story is being told. Caroline never knew of Benjamin until she read the diary he was always a mystery to her. Finding out Benjamin was her father gives the story a deeper meaning as why it is being told. The Curious Case of Benjamin Button is an example of how life would be happier if one were to gradually age in regression. Benjamin’s life was full the same events one were to experience if aged normally. Benjamin always keeps an open mind, and made the most of his life. Given the fact that Benjamin ages in reverse he learns that life is too precious to be wasted. He lived his life by making the best of it, and therefore died with no regrets. Magical realism has transcended from the written words to film by animation. Some magical realism films are based on the book. Matthew J. Bolton (2010) said that â€Å"David Finchers 2008 film adaptation of the F Scott Fitzgerald short story The Curious Case of Benjamin Button is a fascinating example of the complexities inherent in adapting a story for the screen†(p. 73). This means before there were movies about magical realism there were books made. There are quite a few magical realism TV shows, one of them being How I Meet your Mother, and That 70s Show. The purpose of magical realism films is still to entertain even if the audience’s preference may be different. The older populations might enjoy reading books of magical realism while the younger populations enjoy film, and movies. Film and television are better ways of conveying the characteristics of magical realism. When the audience watches a movie on magical realism one can understand the sense of how some ordinary subjects seem extraordinary. This happens through animation versus reading a book, and having to imagine how the unreal happens as a part of reality. The increasing popularity of magical realism in pop culture is due to the characteristics of magical realism. The characteristics of magical realism give movie directors, and writer’s unlimited ideas on what to produce next. The style of magical realism does not need an audience or style to go on. As long as there is imagination in one’s mind magical realism will keep on being conveyed in film, books, and television. Bibliography: Bolton, M. J. (2010). The Curious Adaptation of Benjamin Button: From Fitzgeralds Satire to Finchers Sentimentality. Critical Insights: F. Scott Fitzgerald, 73-87. Fincher, David, dir.  The Curious Case of Benjamin Button. Writ. Roth Eric and Robin Sword. Warner Bros, 2008.

“Anthem For A Doomed Youth” By Wilfred Owen Essay Essay Example

â€Å"Anthem For A Doomed Youth† By Wilfred Owen Essay Essay â€Å"Anthem for Doomed Youth† is an lament in which Wilfred Owen conveys his bosom felt unhappiness and disgust for the loss of life in World War I. This verse form shatters the fantasized images of war by juxtaposing the opposite universes of world and the romanticized rhetoric that distorts it. He writes about the true experience of military decease. and efficaciously expresses these powerful sentiments in merely 14 lines by usage of a slightly violent imagination that is compounded by the changeless comparing of world to myth. The verse form is intriguingly entitled. â€Å"Anthem for Doomed Youth. † Get downing with the rubric. Owen places his words into a context that contrasts with his message. An anthem is normally a loyal vocal of a group of people. state. or state as a agency to honour it. such as in the National Anthem. An anthem is a vocal that is supposed to raise up feelings of jingoism. and love for one’s state or group. Here in America. our National Anthem particularly reminds us of the soldier. who is invariably juxtaposed with the image of the† Star Spangled Banner† . We will write a custom essay sample on â€Å"Anthem For A Doomed Youth† By Wilfred Owen Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on â€Å"Anthem For A Doomed Youth† By Wilfred Owen Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on â€Å"Anthem For A Doomed Youth† By Wilfred Owen Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The National Anthem is thought to be something that is synonymous with congratulations for one’s state and support of its military personnels. For Owen to call his verse form â€Å"Anthem for Doomed Youth† implies that those Doomed Youth have no other anthem to honour them. Owen is stating that the experience of the deceasing young person is non the 1 that is conveyed in the National Anthem. His statement is that his verse form expresses the true sentiment of the deceasing young person of war. In the first sentence. Owen begins depicting what he views as the reliable image of war by usage of an attention-getting analogy. This analogy postulates that the young person who are being massacred are deceasing like cowss. This is such a dramatic phrase because cowss unrecorded and decease the worst of lives. Cattles are bred merely for mass slaughter. and decease is inevitable for them. They are kept in confined topographic points. frequently surrounded by fencings and barbed wire. Cattle are besides considered to hold no intent in life except to function and nourish others. It is clear that this comparing of deceasing soldiers to cattle is non a blandishing one. and it is a comparing that would non be given by an advocator of war. It is in direct resistance to the description of heroism and award that comes frontward from the romanticized description of soldiers. Owen places this dramatic analogy at the terminal of a rhetorical inquiry that he himself answers in the following fe w lines. The inquiry that Owen asks is. â€Å"What go throughing bells for these who die as cowss? † The passing bells refer to the bells that are tolled after someone’s decease to denote that decease to the universe. Owen says that unlike a funeral emanation the lone things that announce the decease of these soldiers are the sounds of the instruments that killed them. He answers his opening inquiry by stating that the lone bells that are tolled are the unerasable sounds of war and decease. When depicting those sounds of war. Owen undertakings upon the reader the evil interests of war through words like â€Å"monstrous. † â€Å"anger. † and â€Å"rattle. † These are words that give the reader a gustatory sensation of fright. and a sense of repeating solitariness. The 2nd stanza continues in its comparison of the sounds and images of a funeral emanation to the sounds and images of a battleground. He uses graphic words to demo the abrasiveness of war in this stanza merely as he did in the first stanza. However. in the 2nd stanza. Owen focuses on imagination of unhappiness and compunction instead than evil and horror. Owen seems to be consecutive depicting the jobs with the war in the first eight lines. First. he ingrains on the reader the sights and sounds of the battleground. Then. he expresses the after effects of sorrow and unhappiness. For illustration. the 2nd stanza contains the words â€Å"mourning. † â€Å"wailing. † â€Å"bugles. † â€Å"sad. † and â€Å"shires. † all marks and descriptions of compunction. The concluding six brakes off greatly from the remainder of the verse form. The first two stanzas usage heavy imagination to exemplify the horrors of war. and the solitariness that accompanies it. The stanzas plaint over the fact that the soldiers die a decease of amour propre. and are non remembered. The words that are used are really rough and acidic in that they leave the reader with a feeling of the bloodshed and loss. The last stanza is more melancholic and brooding in its words than the old two. And unlike the first two stanzas. the inquiry that introduces them is answered in a manner that leaves the reader with some type of consolation. This feeling of hope in the six is culminated in the last lines of the stanza. demoing that the male childs will be remembered by some. Owen’s sobering imagination is greatly empowered through his apposition of conflicting thoughts of war. Another illustration of this is his arranging the verse form into a sonnet. Sonnets are usually written about subjects of love and love affair. Owen wrote about decease and disenfranchisement. The usage of the word â€Å"anthem† in the rubric adds to this manner every bit good. An anthem is normally a superficial. wellbeing. cockamamie vocal. This anthem is sad. gloomy. and somber. This use of sarcasm gives the verse form a flooring consequence by boxing the text of the verse form in the signifier of a sonnet and anthem while the verse form has a message that is antithetical to those two genres. This apparently self-contradictory attack makes the reader experience the power of Owen’s constructs because those constructs are so strongly contrasted by conflicting images.

Purpose of a Building Society Essay Example

Purpose of a Building Society Essay Example Purpose of a Building Society Essay Purpose of a Building Society Essay Abbey National diversified further into money market and offshore banking by buying Cater Allen Holdings Plc for 195 million. Cater Allens main businesses are in wholesale money markets and offshore banking; other businesses include an onshore retail banking operation and a major execution-only sharedealing operation  Diversification towards the Internet Banking sector  Cahoot, Abbey Nationals separately branded e-bank, went live in June 2000 offering a competitively priced credit card and current account. cahoot has links with a number of non-financial retail and service partners to offer its customers a range of lifestyle products and services. In August 2001 Abbey National acquired Scottish Provident, to give Abbey National a leading position in the UKs individual protection insurance market.  Inscape  Abbey national diversified its activities to Investment Management.Inscape, Abbey Nationals new investment management business, was launched. The service is for the new wealthy a growing market of approximately four million people in the UK who have at least 50,000 to invest. Inscape delivered its services through a new network of advice centres where clients can meet dedicated relationship managers for face-to-face professional advice, seven days a week. This was complemented by a true multi-channel proposition of internet, telephone and postal support. Abbey National from being just a building society which offered savings account and Mortgage had diversified its activities to fields of General insurance and life assurance,offshore banking,Money Markets Commercial banking including asset financing, commercial lending operations, securities financing and risk management and even Car Finance and Leasing.  Abbey Nationals decision to convert to a Plc. is appropriate and timely.After the Big Bang(1983) Abbey National was facing tough competition from banks, centralised lenders and even high street retailers who were offering a range of financial products and services.Conversion to a Plc helped Abbey National to diversify its activities to the above mentioned field rather than being confined to the savings and mortgage Industry. Banks began to compete with building societies for home loans and 1981/82 gained a considerable share of the mortgage market for new homes. But profit-maximising banks would not be able to compete profitably with mutual-help nonprofit-making building societies in providing mortgages.  At that time the Council of the Building Societies Association was made up of Chief Executives of something like 30 building societies, including the ten largest. And in 1983 a working party of the Building Societies Association recommended proposals for changing the role of building societies. They were seeking wide-ranging powers to extend their operations into areas such as banking, insurance and hire-purchase. Implementing many of their proposals would overturn 200 years of tradition.  Where such activities would involve a degree of risk they proposed to operate only through subsidiary companies. Presumably to protect parent societies from having to pay the full debts of their subsidiaries if the subsidiaries became insolvent. The activities of building societies are restricted by legislation. When banks entered the mortgage market, building societies pressed for changes which enabled building societies to compete with banks for services offered so far by banks alone.  Consumers benefited considerably from this. It was building societies which introduced free banking and interest-paying current accounts and forced at least some banks to reduce charges and treat their customers with more consideration. Most building societies now compete to some considerable extent with banks and insurance companies, providing loans and insurance policies. The sale of mortgages in the UK is a à ¯Ã‚ ¿Ã‚ ½500 billion business. Huge. There are tens of thousands of intermediaries and advisers offering thousands of mortgages from hundreds of lenders. New entrants to the market are bringing with them technology and process that have driven down the costs of running a mortgage business and thereby making products more competitive. Lenders making their products available through low-cost distribution channels such as the Internet and telephone are further enhancing this effect. Meanwhile, image conscious lenders are working together to clean up the industry as they try to shed the stigma sometimes attached to operating in their industry. In converting to plc status, a society would become a public limited company (plc), subject to all the regulations imposed by the Companies Acts and, being a deposit-taking institution, it would require a banking licence from the Bank of England. Thus conversion meant converting to a bank.  There are approximately 70 building societies in the UK, with assets of over 185 billion. They employ over 34,000 staff who work across the country in head offices and 2,100 branches, serving more than 15 million savers and over two and a half million borrowers. Building societies currently account for 19% of all outstanding residential mortgages. On the savings side, building societies hold about 18% of all personal deposits.  Top 15 Building societies asset wise  The main legislation governing the sector is the Building Societies Act 1986 (amended in 1997) which requires building societies to have as their main business making residential mortgage loans funded by the savings of members, and describes how they are to be regulated in order to ensure that members money is safe. Each society has a set of rules that governs the relationship between the society and its members. Along with banks, building societies also voluntarily follow the Banking Code, which sets minimum standards of good banking practice and customer service, and the Mortgage Code, which sets good mortgage lending practice. Purpose of a Building Society  Section 5(1) of the 1986 Act provides that a building society may be established under the 1986Act if (and only if)   Its purpose or principal purpose is that of making loans which are secured on residential property and are funded substantially by its members  Residential property is defined as being land at least 40% of which is normally used as, or in connection with, one or more dwellings, or which has been, is being or is to be developed or adapted for such use. The 1997 Act gave building societies the freedom to pursue any activities set out in their memorandum, subject only to compliance with the revised principal purpose introduced by that Act, the lending and funding limits, the restrictions on powers and appropriate prudential requirements, referred to below. In essence, it is the principal purpose, the nature limits and restrictions, together with the fact that most of a building societys customers are its members, which retain a building societys fundamental character, and differentiate it from other financial institutions.  A new building society can be established by ten or more people, and the capital which they have to put into the society is a minimum of à ¯Ã‚ ¿Ã‚ ½1 million (to be held in permanent interest bearing shares (PIBS).So it is relatively easy to start a Building society. The number of Building societies approximately 70 is realistic because they all function purely according to the banking codes set by Banking Code Standards Board and the Mortgage Code set by the Mortgage Code Compliance Board. Building societies whether bigger or smaller are regulated by the Financial Services Authority (FSA), under the Financial Services and Markets Act 2000. The role of the regulator is to ensure societies are run in a safe and prudent manner. All Building societies are required to participate in ombudsmen schemes.

Recomedation to Managers Who Feel Stuck or Underutilized in their Jobs Essay

Recomedation to Managers Who Feel Stuck or Underutilized in their Jobs - Essay Example At this stage in life, children would have grown up and left home. This allows such managers’ to do things they would not do when they were younger.The managers are not tied down to geographical areas or neighborhoods, it is possible to accept overseas posting or to new environments within their own country. The managers are seasoned, experienced and have in-depth knowledge of the working of the company. This allows them to seek new opportunities for opening and running overseas company branches or newly acquired businesses. Many companies utilize managers who are at this stage of company development to integrate newly acquired businesses. In midlife, some neglected or latent parts of the self-begin to bubble up and be manifest. Managers who feel stuck in their jobs should utilize their new personality traits to seek out more challenging opportunities to utilize their skills in combination with these new personality traits. Managers who feel underutilized should be creative and carefully plan how to renew their careers with the support of their immediate supervisors.Constantly thinking of new ideas and seeking different approaches to solving problems and going to the immediate supervisor with specific practicable suggestions will help in shining the spotlight on the development needs. These managers may solicit for opportunities to review or develop company policies, as their opinions and perspectives on processes, problems and important issues are greatly valued. Managers who feel stuck in their jobs should join training programs and aim to improve their overall development; they should acquire new skills, techniques and develop a variety of specialties that will open new avenues for challenging.