Philosophy - Plato Essays - Dialogues Of Plato, Socratic Dialogues

Philosophy - Plato Plato was born to an aristocratic family in Athens, Greece. When he was a child his father, Ariston, who was believed to be descended from the early kings of Athens died, and his mother, Perictione married Pyrilampes. As a young man Plato was always interested in political leadership and eventually became a disciple of Socrates. He followed his philosophy and his dialectical style, which is believed to be the search for truth through questions, answers, and additional questions. After witnessing the death of Socrates at the hands of the Athenian democracy in 399 B.C., Plato left Athens and continued to travel to Italy, Sicily, and Egypt. (Internet) In 387 B.C. Plato founded the Academy in Athens otherwise known as the first European university. The Academy provided a wide range of curriculum including subjects such as astronomy, biology, philosophy, political theory, and mathematics. Aristotle was the Academy's most outstanding student. (Internet) The internal affairs of the academy ruled the next 20 years of Plato's life and he wrote nothing. Many Greek youths were attracted to the new school. Plato then went to Syracuse to supervise the education of the ruling prince. Plato was not certain about the success of this adventure although he felt he could not refuse this opportunity of putting his ideas to a test. It did not work out for Plato and he returned to Athens in 360 B.C. He then devoted himself to teaching and lecturing at the Academy. He died at age 80 in Athens in 348 B.C. Before his death Plato completed the Sophist, the Politicus, the Philebus, the Timaeus and finally the Laws. (Internet) DIALOGUES The Symposium is the most widely read of Plato's dialogues with the exception of the Republic and it is with good reason. It's literary merit is outstanding with philosophical and psychological sources (Allen) ANAYA--2 THE EARLY DIALOGUES In the early dialogues Socrates always played the leading roll. In all of them, Plato was trying to keep the spirit of Socrates alive. There are also early dialogues that portray Socrates in whimsical moods but always with a serious purpose. (Allen) The Republic was the most revealing of all Plato's early writings. Plato believed that one could not seriously construct a political theory without a metaphysics. Therefore, we find an outline of human life as it should be lived according to nature. (Allen) THE LATER DIALOGUES In the later dialogues Soctates does not always play the leading role. He does not enter into the conversation of Laws. More interest was shown in the possibilities of politics. Law and legal government were stressed and it greatly influenced Aristotle. It is clear that in later years Plato became more aware of the difficulties in attempting to combine science with government. Plato's main interest at the end of his life was to guide human effort as indicated in his last dialogues, the Laws. (Allen) Many students of the Academy were reaching into positions of power in the Greek world. Plato planned a trilogy at the end of his life, the Timaeus, the Critias, and the Hermoncrates. (Allen) THEORY OF KNOWLEDGE Plato's theory of knowledge can be found in the myth of the cave. The myth describes people chained within a cave. The only images they see are the shadows of objects and animals held in front of a fire that is behind them that reflects on the cave walls in front of them. That is all they had ever seen so that is what they believe to be real. One day a man escaped the cave and went outside. With the sun he saw what was real in the world and realized all he ever saw were just shadows. He went back to the men in the cave and told them all this. He told them that they ANAYA--3 too could see the outside if they broke free of their chains but they didn't believe him. The environment of the cave to Plato symbolizes the physical world of appearances. Escaping into the sun-filled world means the transition into the real world that is full and perfect being the world of forms, which is the proper object of knowledge. (Hare p.39) NATURE OF FORMS The theory of Forms may be understood best in terms of mathematical entities. This theory was his way of explaining how the same universal term can refer to so many particular things or events. An individual is human to the extent that they resemble or participate. In the Form

Theories of Personality Essay Example

Theories of Personality Essay Example Theories of Personality Essay Theories of Personality Essay Theories of Personality Psychoanalytic perspective is based on Sigmund Frued perspectives about early experiences it focuses on the importance of the unconscious mind which contains thoughts, wishes, feelings and memories/past experiences in which we are unaware of. The id operates on the pleasure principle by satisfying basic urges, needs, and desires. Ego operates on the reality principle, satisfies the id’s desires in ways that it will cause pleasure instead of pain. Superego strives for perfection, positive feelings and negative feelings of guilt. These three systems were interactions of Frued’s view of personality structure. Freud perspective also focused on psychosexual stages which is the childhood stages of development. Defense mechanisms are methods of reducing anxiety. This perspective could account for the development of introverted and an extroverted personality Humanistic perspective focuses on an individual’s uniqueness and their ability and responsibility to make choices in their lives. Abraham Maslow and Carl Rogers were the founders of this theory they believed that a persons free choice, free will, and understanding of their own experiences and feelings. The meanings of events in his or her life are the most important things to study. Carl Rogers believed that Human nature is viewed as basically good and that we all strive for actualizing tendencies but never reached them if based on the opinions of others. Rogers used client-centered therapy to raise the self-concept of the client and stop their tendencies to look for others opinions. The client’s esteem needs will be met and hopefully seize from concerning other people’s opinions. Rogers also developed a q-sort to judge the self-concept. The humanistic perspective can lead to an introverted personality by the individual not reaching their actualizing tendencies because of the opinions of others. The individual may base their level of self-concept on others’ opinions and if he/she receives negative opinions then that may lead the individual to have low self-esteem and an introverted personality. The humanistic perspective can also lead to an extroverted personality by the individual raising their self-concept by stopping their tendencies to look for others approval. Once they accept themselves, their esteem needs will be met and obtain gratification about themselves. Once their self-esteem rises, the individual will feel more comfortable socializing and be more energized The Trait perspective suggests that individual personalities are composed broad dispositions. The trait approach to personality is focused on differences between individuals. A trait is defined as a relatively stable predisposition to behave in a specific way. The â€Å"Big Five† is factors of personality that represents five core traits that interact to form human personality. These traits were Conscientiousness, Agreeableness, Neuroticism, Openness, and Extraversion. Psychologist, Gordon Allport believed that every individual was unique and categorized their traits in three levels: Cardinal Traits (traits that dominate an individual’s whole life), Central Traits (general characteristics that form the basic foundations of personality), and Secondary Traits (traits that are sometimes related to attitudes and often appear only in certain situations). Also British psychologist Hans Eysenck developed a model of personality based upon just three universal trails. Introversion/Extraversion: Introversion involves directing attention on inner experiences, while extraversion relates to focusing attention outward on the environment. Neuroticism/Emotional Stability: Neuroticism refers to an individual’s tendency to become upset or emotional, while stability refers to the tendency to remain emotionally constant. Finally there is Psychoticism which is having difficulty dealing with reality and may be antisocial, hostile, non-empathetic and manipulative. The trait perspective can lead to an introverted personality by having psychoticism that perhaps consisted from a genetic basis. An individual might have inherited psychoticism, thus leading the individual to have interpersonal hostility and an introverted personality. The trait perspective can lead to an extroverted personality by having Extraversion traits as the individuals Cardinal traits. The individuals attitude would be sociable, fun-loving, and affectionate, plus all that will be their dominate traits, thus having and extroverted personality. Introversion involves directing attention on inner experiences, while extraversion relates to focusing attention outward on other people and the environment. So, a person high in introversion might be quiet and reserved, while an individual high in extraversion might be sociable and outgoing. The social cognitive perspective was proposed by Albert Bandura it emphasizes the interactions of a person and their situations. Social cognitive theorists focused on how we and our environment interact they believed we learn many of our behaviors by observing others as well as mental process which was thinking about our situations affects our behavior. A. Learned Helplessness- Learned helplessness is when people and animals experience no control over repeated bad events and then come to feel hopeless, helpless and depressed. An example of learned helplessness is a person with low self esteem, they start to feel hopeless and depressed when they think someone else is better than them whether they are better looking, or better at doing something they begin to let there guard down and then feel depressed and hopeless. Optimistic Attributional Style- A positive or negative way of explaining events in their lives. A person may say that a positive event happened because of them and they also believe that more positive things will happen in the future due to that event. As for negative events they see them as it not being their fault. An example would be External Locus of Control- The perception that chance or outside forces beyond one’s personal control determine one’s fate. Individuals who have no self-control are external locus of control. Self- serving Bias- is a readiness to perceive oneself favorably. It refers to attribute positive outcomes to personal factors, but attribute negative outcomes to external factors. An example would be if you won your first track meet, you might say that this was due to the fact that you practiced hard, or that you’re a fast runner. If you lost, you might blame the referee, the weather, or the fields where you are competing rather than admitting that you did not do your best. Psychology

William Wordsworths Daffodils Poem

William Wordsworths Daffodils Poem William Wordsworth (1770-1850) was a British poet who is known, along with friend Samuel Taylor Coleridge, for writing the collection Lyrical Ballads and a Few Other Poems. This set of poems embodied a style that was a break from the traditional epic poetry of the time and helped to launch what became known as the Romantic era. Wordsworths preface to the 1798 publication includes his famous argument in favor of common speech within poetry so that they would be accessible to more people. Poems from Lyrical Ballads include Coleridges best-known work, The Rime of the Ancient Mariner and one of Wordsworths more controversial pieces, Lines Written a Few Miles above Tintern Abbey. Wordsworths most critically-acclaimed work is the massive poem The Prelude, which he worked on throughout his life and which was published posthumously. But its perhaps his simple musing on a field of yellow flowers that became Wordsworths best-known and most-recited poem. I Wandered Lonely As a Cloud was written in 1802 after the poet and his sister happened upon a field of daffodils during a walk.   Life of William Wordsworth Born in 1770 in Cockermouth, Cumbria, Wordsworth was the second of five children. Both his parents died when he was young, and he was separated from his siblings, but later reunited with his sister Dorothy, with whom he remained close for the rest of his life.   In 1795 he met fellow poet Coleridge, beginning a  friendship and collaboration that would not only inform his work but his philosophical outlook as well. Both Wordsworths wife Mary and his sister Dorothy also influenced his work and his outlook.   Wordsworth was named Englands Poet Laureate in 1843, but in a strange twist of fate, ended up not writing anything while he held the honorary title.   Analysis of I Wandered Lonely As a Cloud This poems simple and straightforward language doesnt have much in the way of hidden meaning or symbolism  but reflects Wordsworths deep appreciation for nature. Before graduating from college, Wordsworth went on a walking tour of Europe, which inspired his interest in natural beauty as well as the common man.   Complete Text Here is the complete text of William Wordsworths I Wandered Lonely As a Cloud aka Daffodils   I wandered lonely as a cloudThat floats on high oer vales and hills,When all at once I saw a crowd,A host, of golden daffodils;Beside the lake, beneath the trees,Fluttering and dancing in the breeze.Continuous as the stars that shineAnd twinkle on the milky way,They stretched in never-ending lineAlong the margin of a bay:Ten thousand saw I at a glance,Tossing their heads in sprightly dance.The waves beside them danced; but theyOut-did the sparkling waves in glee:A poet could not but be gay,In such a jocund company:I gazed - and gazed - but little thoughtWhat wealth the show to me had brought:For oft, when on my couch I lieIn vacant or in pensive mood,They flash upon that inward eyeWhich is the bliss of solitude;And then my heart with pleasure fills,And dances with the daffodils.

Managing Operations and the Supply Chain Essay Example | Topics and Well Written Essays - 1500 words

Managing Operations and the Supply Chain - Essay Example In quality improvement teams, employees from the same department, division, or team of the organization brainstorm to identify a list of problems to resolve. The advantage of this approach is that the employees characteristically have the best view of their work environment and associated problems and can develop ideas to improve efficiency and effectiveness. The drawback to this is that the problems chosen by the group may or may not contribute to the Tower Records overall goals. Tower Records with a focused success paradigm can multiply the return on its investment for its quality efforts over an organization without a clear vision. With the myriad of problems any given group can identify, it is important that resources be allocated for problem solving that can contribute positively to the successful implementation of Tower Records strategy. Based on such considerations, it is evident that the need for specific criteria and models to verify the quality fit between the Tower Records and the business atmosphere in that it operates, and to effectively and efficiently manages the relationships among the actors within the network. Such relationships, in fact, are characterised by many-to-many connections instead of more traditional one-to-one. For that reason, a deep revision of current managerial techniques is dramatically requested. Regardless of huge number of works on this subject, (Harland et al., 2001; Lamming et al., 2000), reliable criteria for the analysis and the evaluation of Tower Records networks, based on the relationships among economic actors interconnected through Internet, are not yet available. Accordingly, managers usually operate according to empirical methodologies that often do not assure optimal quality performances. In order to contribute towards the solution of such a problem, preliminarily examined factors that mostly affect the Tower Records quality performances. It may be assumed that effectiveness and efficiency of Tower Records depend on the coherence between the characteristics of the atmosphere in that the embedded actors operate and the way in that relationships among embedded actors are managed. The management of such relationships, consecutively, is based on the following three factors (Cucchiella et al., 2002): The structures adopted to organize the relationships among the actors of the network (Tower Records organisational structures). The criteria adopted to manage such relationships (managerial criteria); and The activities to be carried out for coordinating the relationships (critical activities). With respect to the Tower Records organisational structures, Tapscott et al. (2000) define five types of b-web adopted to manage relationships among embedded actors based on the level of product-service value integration (high vs. low) and control type: Agora, Aggregation, Value chain, Alliance, and Distributive network. According to Nkkentved (2000), the managerial criteria may be instead, defined on the basis of two variables, the market fragmentation and the product/process complexity. Consequently, six types of criteria may be identified: Auction house; Independent

Lake Effect Snow Research Paper Example | Topics and Well Written Essays - 750 words

Lake Effect Snow - Research Paper Example Lake snow effect usually happens during the winter and in particular the Midwest when the area is dominated by cold cP or cA and clear air (Ahrens 207). The specific areas where the lake effect snows are notorious are the eastern and southern shores of the Great Lakes (Geerts 1). When such a phenomenon occurs, the people in this region get prepared for heavy snow showers. These storms are highly localized and they extend only a few kilometers to more a hundred kilometers inland. The snow basically falls as squall or heavy shower in the concentrated zones. The snow is very much centralized such that a part of the city may accumulate several centimeters of the snow, while in another; the ground has nothing (Ahrens 207). Lake effect snow is rampant from the month of November to January. â€Å"During these months, cold air moves over the lakes when they are relatively warm and not quite frozen† (Ahrens 207). The difference between air and water temperature can be as high as 25 degrees centigrade. Studies conducted have indicated the greater the difference in the temperature, the higher the probability of having a snow shower. Causes of Lake effect Snow It is imperative to note that the snowfall is not caused by the proximity of the ocean or the mountains and the difference is not because the eastern and the southern shores are cooler than the regions surroundings; in fact, they are only a little warmer than the surrounding shores.

Load Shedding (self created Problem) Essay Example for Free

Load Shedding (self created Problem) Essay The electricity load shedding in Pakistan would have not been a big problem to cope with but its made much bigger by adopting the defective policies. One of the causes of load shedding is called the circular debt, which means the private electricity generation companies keep generating the power but they do not get the money for the electricity they have provided, in that case they can generate the electricity for limited period and after that when the outstanding amount to be paid by government to these companies cross a limit, by being not able to fuel costs these companies stop the production till they have get paid back by government. This have been happening very much lately, current approach from government is they let the circular dept build up and while companies stop production they are paid back after many months and mean while that halt brings in more shortage and more electricity load shedding subsiquently. Now this is the place where the issue of rental power plants come in. The question is, when you are not able to finance the current infrastructure and when you are not fully utilizing the current generation capacity, why on earth you need the rental power plants? – It would have made some sense if the rental power plants would have have come with low cost electricity but unfortunately other than thinking of paying back the circular dept and taking all the current resources in action our government have chosen to bring in the rental power plants. The plants which does not still started generating the power but we already started paying the rent money. After carefully reading whats written above one can decide that the rental power plants stunt was really not required at the moment. Moreover when you live in country which is blessed with so much of natural resources why on earth you have to go for rental power plants. Wind forms and solar energy power plants have got huge potential in this country which can bring in lots of low cast energy, also if more dams are planned, we can get much more hydro power. After that come in the coal reserves which is blessing for this nation, we have got the coal reserves which are in few biggest coal reserves of the world. Research shows that if we use just 2% of these reserves for power generation we will be able to keep on generating the extra 25000 Mega Watts of power for next 40Â  years just from coal and we just have overall electricity consumption of 16000 Mega Watts country wide today. 12000 Mega Watts of power out of our 16000 mega watts is already being generated. The above facts clearly show that if the right policies are adopted we can not only generate enough power to meet our energy requirements but also generate power to sell out. The problem of our country have never been the resources but only and only the sincere leadership which really cares for the country and all the souls living in it. For the moment we can just pray to Allah for blessing Pakistan with the leadership which is sincere and capable of making things happen. Next time when you vote in elections just think for your country and nothing else, keep the previous experiences in mind, they will help you much

Food in Afghanistan :: essays research papers

Food in different countries can be very interesting. There are many different practices and preparations for different styles of food. In Afghanistan, everything is repaired by the woman. This is due to the fact that in their country, women are of a lesser value then men. This is all changing as the country is being reborn after that unfortunate incident involving Asamu Bin Laden. In Afghanistan, Afghans are under Islamic laws and controlled in all aspects of life. Most of them are divided into clans and groups who follow centuries-old customs and religious practices. For Afghans, Shab-Barat is a time for them to give bread and sweets, such as Halvah, to the poor. They do this to honor their god Allah. Also, they light off fireworks in his name. Before sitting down and enjoying a meal in Afghanistan, you may find yourself preying to their god and thanking them for your meal, relative to what most families do here in America. So far that I have read, Afghans usually use their fingers or some sort of sharp object to pick up their food and eat it. I know it sounds barbaric, but I can see how it would be hard to be civilized in that country. Being under the rule that they were and then being bombed. Life in Afghanistan must be low quality as of now. Afghanistan lately has been trying to establish a government and fix their broken culture which needs heavy mending. Afghan Chicken Recipe Amount  Ã‚  Ã‚  Ã‚  Ã‚  Measurement  Ã‚  Ã‚  Ã‚  Ã‚  Ingredient  Ã‚  Ã‚  Ã‚  Ã‚  Preparation Method 2  Ã‚  Ã‚  Ã‚  Ã‚  large  Ã‚  Ã‚  Ã‚  Ã‚  cloves garlic  Ã‚  Ã‚  Ã‚  Ã‚   1/2  Ã‚  Ã‚  Ã‚  Ã‚  teaspoon  Ã‚  Ã‚  Ã‚  Ã‚  salt  Ã‚  Ã‚  Ã‚  Ã‚   2  Ã‚  Ã‚  Ã‚  Ã‚  cups  Ã‚  Ã‚  Ã‚  Ã‚  plain whole-milk yogurt  Ã‚  Ã‚  Ã‚  Ã‚   4  Ã‚  Ã‚  Ã‚  Ã‚  tablespoons  Ã‚  Ã‚  Ã‚  Ã‚  juice and pulp of 1 large lemon  Ã‚  Ã‚  Ã‚  Ã‚   1/2  Ã‚  Ã‚  Ã‚  Ã‚  teaspoon  Ã‚  Ã‚  Ã‚  Ã‚  cracked black pepper  Ã‚  Ã‚  Ã‚  Ã‚   2  Ã‚  Ã‚  Ã‚  Ã‚  large  Ã‚  Ã‚  Ã‚  Ã‚  whole chicken breasts  Ã‚  Ã‚  Ã‚  Ã‚  about 2 pounds Long, slow marinating in garlicky yogurt tenderizes, moistens and adds deep flavor, so you end up with skinless grilled chicken that's as delicious as it is nutritionally correct. Serve with soft pita or Arab flatbread and fresh yogurt. Put the salt in a wide, shallow non-reactive bowl with the garlic and mash them together until you have paste. Add yogurt, lemon and pepper. Skin the chicken breasts, remove all visible fat and separate the halves. Bend each backward to break the bones so the pieces win lie flat.

Ethos Outline Essay

When you write you must believe that people will wonder and question your authority. g. Maybe not scientific expertise, but personal experience. . Having profession titles also can endorse trust. i. Small signals of authority can be picked up almost subconsciously IV. Establishing Credibility j. Humor puts a listener at ease, and helps them identify k. Listen to people confident enough to make fun of themselves. l. Move quickly to reasonable claims after and back it up with evidence. m. Audiences respond to how you present yourself as a person. n. Using language to show that you respect, not talking about nor below them. o. Citing respectable sources to show that you have done your work. p. Using conditions of rebuttal. V. Coming Clean about Motives q. Readers will ask how it benefits the narrator of the idea. r. Stating blanking how, and potential conflicts of interest will cause gained trust. s. In political circles, it is almost sport to assume the worst about motives. t. Admission of uncertainty helps build a bridge. After reading about the appeal of Ethos I mostly reflected on the fact that there was a lot I had never thought about with natural human tendencies. Mostly what was interesting to me was the fact that we mostly base our trust on the character of a person. Maybe if they back up their statements with facts we will believe, but it all starts with the character of a person. I also had never thought that people started with humor because they needed to connect, and bring themselves to a trusting level with their audience. Another thing I had not thought of was that readers will always question their writers, even subconsciously, about many different subjects. One main point I did not understand completely was talking about motives, and how saying conflicts of interest would help you connect to your reader, besides just on a trust level. Besides that I thought this chapter was very interesting, and contained many things that made sense, but I had never thought about or questioned before.

Describe How Own Behaviour Could Promote Effective Interactions

1.4. Describe how own behaviour could: a) promote effective interactions with children and young people Children always look up to adults and will take lead from adults around them. If we show good behaviour then they will take that in. We have to follow the guidelines and rules, be polite and respectful towards other, if class teacher say something to do then you have to do. Always wear smart dresses. Treat everyone fairly and be aware of your own approach. Being a team player and offering to help others is beneficial in building effective relationships. b) impact negatively on interactions with children and young people Little eyes are watching and little ears are listening. The teacher is one of the child's ideal, it is very important for a teacher to have qualities which impress the child and the qualities which he can imitate and thus become good. For example, swearing in front of your children teaches them that bad language is appropriate. The teacher who seemed to be angry and unhappy put negative impact on children and young people. Associated essay: How One Can Study Smart Essay If we can‘t listen and respect the class teacher then it make negative impact on children and young people. We can’t tell them to do something when we do not do it ourselves. When a student observes a particular teacher has few favourite students, then he/she will think he/she is been sidelined, may be thinking he/she is not good enough or smart enough, when he/she sees the other favoritized students friendly with the teacher, this results in a negative impact may be its a wrong way of taking it.

DIvidend Policies and Financing Essays

DIvidend Policies and Financing Essays DIvidend Policies and Financing Essay DIvidend Policies and Financing Essay Dividend policy refers to the decision made by the company whether to retain the profits within the company, or they pay out the profits to the owners of the organization in the form of dividends (Garrison 2008). Once the company decides on whether to pay dividends, they may establish a somewhat permanent dividend policy, which may in turn impact on investors and perceptions of the company in the financial markets (Garrison 2008). What they decide depends on the situation of the company now and in the future. It also depends on the preferences of investors and potential investors (Garrison 2008).When deciding on the dividend policy, several factors such as legal constraints, contractual constraints, internal constraints, growth prospect, owners considerations and market considerations have to be taken into account. Considerations taken into account can be incorporated in several dividend theories such as the residual theory of dividends, the clientele theory, the signalling dividend theory, the bird-in-the-hand theory and Modigliani and miller dividend theory.Manufacturing overseas can reduce costs due to its cheap labour costs but there are other considerations that have to be taken into account. There are pros and cons for manufacturing at overseas.Companys capital structure refers to the way a corporation finances its assets through some combination of equity, debt, or hybrid securities (http://en.wikipedia.org/wiki/Capital_structure). Debt financing and equity financing has their own advantages and disadvantages but certain factors have to be considered when choosing between these two financing strategies.2.0 Factors Affecting the Dividend PolicyWhen deciding on the dividend policy, several factors need to be taken into account. The factors needed to taken into account are as follows (sources taken fromhttp://freemba.in/articlesread.php?artcode=488substcode=30stcode=10):Stability of EarningsThe nature of business has an important bea ring on the dividend policy. Industrial units having stability of earnings may formulate a more consistent dividend policy than those having an uneven flow of incomes because they can predict easily their savings and earnings. Usually, enterprises dealing in necessities suffer less from oscillating earnings than those dealing in luxuries or fancy goods.Age of CorporationAge of the corporation counts much in deciding the dividend policy. A newly established company may require much of its earnings for expansion and plant improvement and may adopt a rigid dividend policy while, on the other hand, an older company can formulate a clear cut and more consistent policy regarding dividend.Liquidity of FundsAvailability of cash and sound financial position is also an important factor in dividend decisions. A dividend represents a cash outflow, the greater the funds and the liquidity of the firm the better the ability to pay dividend. The liquidity of a firm depends very much on the investme nt and financial decisions of the firm which in turn determines the rate of expansion and the manner of financing. If cash position is weak, stock dividend will be distributed and if cash position is good, company can distribute the cash dividend.Extent of Share DistributionNature of ownership also affects the dividend decisions. A closely held company is likely to get the assent of the shareholders for the suspension of dividend or for following a conservative dividend policy. On the other hand, a company having a good number of shareholders widely distributed and forming low or medium income group would face a great difficulty in securing such assent because they will emphasize to distribute higher dividend.Needs for Additional CapitalCompanies retain a part of their profits for strengthening their financial position. The income may be conserved for meeting the increased requirements of working capital or of future expansion. Small companies usually find difficulties in raising fi nance for their needs of increased working capital for expansion programs. They having no other alternative, use their ploughed back profits. Thus, such Companies distribute dividend at low rates and retain a big part of profits.Trades CycleBusiness cycles also exercise influence upon dividend Policy. Dividend policy is adjusted according to the business oscillations. During the boom, prudent management creates food reserves for contingencies which follow the inflationary period. Higher rates of dividend can be used as a tool for marketing the securities in an otherwise depressed market. The financial solvency can be proved and maintained by the companies in dull years if the adequate reserves have been built up.Government PoliciesThe earnings capacity of the enterprise is widely affected by the change in fiscal, industrial, labor, control and other government policies. Sometimes government restricts the distribution of dividend beyond a certain percentage in a particular industry o r in all spheres of business activity as was done in emergency. The dividend policy has to be modified or formulated accordingly in those enterprises.Need for FundsDividends paid to stockholders use funds that the firm could otherwise invest. Therefore, a company running short of cash or with ample capital investment opportunities may decide to pay little of no dividends. Alternatively, there may be an abundance of cash or a dearth of good capital budgeting projects available. This could lead to very large dividend payments.Management Expectations and Dividend PolicyIf a firms managers perceive the future as relatively bright, on the one hand, they may begin paying large dividends in anticipation of being able to keep them up during the good times ahead. On the other hand, if managers believe that bad times are coming, they may decide to build up the firms reserves for safety instead of paying dividends.Stockholders PreferencesReinvesting earning internally, instead of paying divide nds, would lead to higher stock prices and a greater percentage of the total return common stockholders receive coming from capital gains. Capital gains are profits earned by an investor when the price of a capital asset, such as common stock, increases.Common stockholders may prefer to receive their return from the company in the form of capital gains and some may prefer to receive their return from the company in the form of dividends. Capital gains are not taxed at all unless they are realized. That is, unless the stock is sold. The board of directors should consider stockholder preferences when establishing the firms dividend policy.Restriction on Dividend PaymentsA firm may have dividend payment restrictions in its existing bond indentures or loan agreements. For example, a companys loan contract with a bank may specify that the companys current ratio cannot drop below 2.0 during the life of the loan. Because payment of a cash dividend draws down the companys cash account, the current ratio may fall below the minimum level required. In such a case, the size of a dividend may have to be cut or omitted. In addition, many states prohibit dividend payments if they would create negative retained earnings on the balance sheet. This restriction is a prohibition against raiding the initial capital. Figure 1 summarizes the factors that influence the dividend decision.Figure 1: This figure identifies key elements that make a dividend payment more or less likely.2.1 Leading Dividend TheoriesThe factors that affect the dividend policy can be incorporated in several dividend theories. Dividend theories can be divided into dividend relevance theory and dividend irrelevance theory. Dividend relevance theory refers to the value of a firm is affected by its dividend policy while dividend irrelevance theory refers to a firms dividend policy has no effect on either its value or its cost of capital (studyfinance.com/lessons/dividends/index.mv?page=01).2.1.1 Dividend Relevanc e TheoriesAccording to Gallagher Andrew (2007) dividend relevance theories are as follows:The Clientele Dividend TheoryThe clientele dividend theory is based on the view tat investors are attracted to a particular company in part because of its dividend policy. For example, young investors just starting out may want their portfolios to grow in value from capital gains rather than from dividends, so they seek out companies that retain earnings instead of paying dividends. Stock prices tend to increase as earnings are retained and the resulting capital gain is not taxed until the stock is sold.Older investors, in contrast, may want to live off the income their portfolios provide. They would ten to seek out companies that pay high dividends rather than reinvesting for growth. According to the clientele dividend theory, each company therefore has its own clientele of investors who hold the stock in part because of its dividend policy.If the clientele theory is valid, then it doesnt muc h matter what a companys dividend policy is as long as it has one and sticks to it. If the policy is changed, the clientele that liked the old policy will probably sell their stock. A new clientele will buy the stock based on the firms new policy. When a dividend policy change is contemplated, managers must ask whether the effect of the new clienteles buying will outweigh the effects of the old clienteles selling. The new clientele cannot be sure that the most recent dividend policy implemented will be repeated in the future.The Signaling Dividend TheoryThe signaling dividend theory is based on the premise that the management of a company knows more about the future financial prospects of the firm than do the stockholders. According to this theory, if a company declares a dividend larger than that anticipated by the market, this will be interpreted as a signal that the future financial prospects of the firm are brighter than expected. Investors presume that management would not have raised the dividend if it did not think that this higher dividend could be maintained. As a result of this inferred signal of good times ahead, investors buy more stock, causing a jump in the stock price.Conversely, if a company cuts it dividend, the market takes this as a signal that management expects poor earnings and does not believe that the current dividend can be maintained. In other words, a dividend cut signals bad times ahead for the business. The market price of the stock drops when the firm announces a lower dividend because investors sell their stock in anticipation of future financial trouble for the firm. If a firms managers believe in the signaling theory, they will always be wary of the message their dividend decision may send to investors. Even if the firm has some attractive investment opportunities that could be financed with retained earnings, management may seek alternative financing to avoid cutting the dividend that may send an unfavorable signal to the mark et.The Bird-in-the-Hand TheoryThe bird-in-the-hand theory claims that stockholders prefer to receive dividends instead of having earnings reinvested in the firm on their behalf. Although stockholders should expect to receive benefits in the form of higher future stock prices when earnings are retained and reinvested in their company, there is uncertainty about whether the benefits will actually be realized. However, if the stockholders were to receive the earnings now, in the form of dividends, they could invest them now in whatever they desired. In other words, a bird in the hand is worth two in the bush.If the bird-in-the-hand theory is correct then the stocks of companies that pay relatively high dividends will be more popular and therefore will have relatively higher stock prices than stocks of companies that reinvest their earnings.2.1.2 Dividend Irrelevance TheoriesDividend irrelevance theories are as follows (Gallagher ; Andrew 2007):The Residual Theory of DividendsThe residu al theory of dividend is widely known. The theory hypothesize the amount of dividends should not be the focus of the company. Instead, the primary issue should be to determine the amount of earning the firm should retain within the firm for investment. The amount of earnings retained, according to this view, depends on the number and size of acceptable capital budgeting projects and the amount of earnings available to finance the equity portion of the funds needed to pay for these projects. Any earnings left after these projects have been funded are paid out in dividends because dividends arise from residual or leftover earnings, the theory is called the residual theory.The residual theory focuses on the optimal use of earnings generated from the perspective of the firm itself. This may appeal to some, but ignores stockholders preferences about the regularity of and the amount of dividend payments. If a firm follows the residual theory, when earnings are large and the acceptable cap ital budgeting projects small and few, dividends will be large. Conversely, when earnings are small and many large acceptable projects are waiting to be financed, there may be no dividends if the residual theory is applied. The dividend payments will be erratic and the amounts will be unpredictable.Modigliani and Millers Dividend TheoryFranco Modigliani and Merton miller (commonly referred as M;M) theorized in 1961 that dividend policy is irrelevant. Given some simplifying assumptions, M;M showed how the value of a company is determined by the income produced from its assets, not by its dividend policy. According to the M;M dividend theory, the way a firms income is distributed (in the form of future capital gains or current dividends) doesnt affect the overall value of the firm. Stockholders are indifferent as to whether they receive their return on their investment in the firms stock from capital gains or dividends so dividends dont matter.2.2 Advantages and Disadvantages of Overs eas ManufacturingManufacturing at overseas certainly saves cost of production in some degree due to cheap labor and material cost but it has its advantages and disadvantages for overseas manufacturing.2.2.1 Advantages of Overseas ManufacturingEase and Speed of Distribution: Manufacturing in overseas shortening the distance between the original location of manufacturer and its distribution market (if the manufacturer has its markets around the region of the considered location). For example, when Nike manufacturer from United States manufactures in Malaysia, they have greater ease and speed of transportation for goods and people to other Asian markets. Besides that, transportation and shipping cost may be reduced due to a shorter distance for shipping and distribution.Cost Savings: In less-developed countries, labor cost is cheaper than developing and developed countries. It is estimated that a company that manufactures in less-developed country can cut costs by between 30% and 80% d epending on how labor intensive the product is. Besides that, material cost is also cheaper compared to developed countries too.Gain in Efficiencies and Economies of Scale: Besides that, in the long run, manufacturing overseas can gain efficiencies and economies of scale which will assist in reducing unit cost as output increases. Moreover, the initial investment of capital may be spread over an increasing number of units of output and therefore the marginal cost of producing a good or services decreases as production increases.Low Capital Costs: Low capital cost is one of the advantages that encourages manufacturing overseas. The cost of capital in developing or developed countries is higher than the cost of capital in less-developed countries.Incentives for Manufacturing: Some of the less developed countries encourage overseas manufacturers to invest or manufacture in their country. In order to attract manufacturers, these less-developed countries do offer incentives for the manuf acturers. For example, Penang has offered incentive to Motorola from USA in order to attract them to manufacture at Penang.2.2.2 Disadvantages of Overseas ManufacturingQuality of Production Suffers: Cheap labor is an advantage for cost savings. Inversely, it reduces the quality of the products as cheap labors usually produce less quality productions. Therefore, the products will suffer in quality as most of the cheap labors are unskilled or semi-skilled. Indirectly, the manufacturer may lose its customers due to the production of less quality products.Time Consuming: When an organization wants to manufacture in overseas, the organization has to analyze and comprehend the considered location and also the facilities available around the setting up area. The analysis and comprehension takes considerable time to complete in order to have a perfect set up in overseas. Therefore it spends considerable time and energy to understand the considered location (Sweeney N.D.).Complexity: To oper ate oversea is not as easy as locally. Most of the manufacturers have adapted to their own manufacturing culture and therefore adapting to another manufacturing environment would be difficult for them to familiarize with it. First of all, language may be a barrier, for example, it is difficult to communicate with the South Americans labors if we are not familiar with Latin (Sweeney N.D.). Besides that, finance, tax, and labor laws will be different and must be understood (Sweeney N.D.). Sweeney (N.D.) stated that, understanding national cultures and subcultures are important for any activity as manufacturers have to deal with government and private sector people and especially selling into the market.Brand Risks: Nowadays, consumers are perceived where the product is made from. The production location is a factor that will affect the brand image and reputation. For example, consumers would prefer a product made in USA rather than made in China. If the manufacturer produces in Bangla desh it may more or less affect their images as some of the consumers believe that products from developed countries are much better than less-developed countries and therefore the image and reputation of the brand may suffer.Availability of Expertise: The availability of expertise is one of the factors that should be considered when organization seeks to manufacture overseas. Less developed countries may not provide the expertise in the fields required.Long Start Up Time: It is not easy for manufacturer to start up their manufacturing process. To manufacture in a smooth way requires time. It usually requires a considerable of long time start up and familiarize.3.0 Debt ; Equity Financing3.1 Equity FinancingEquity financing is a method to acquire capital that involves selling a partial interest in the company to investors (Brian 1990). In return of the money paid, shareholders receive ownership interests in the corporation (Brian 1990).3.1.1 Pros and Cons of Equity Financing3.1.2 Pr os of Equity FinancingThe advantages of equity finance are:Commitment of Funds: The funding is committed to the business and intended projects. Investors only realize their investment if the business is doing well (eg. through flotation or a sale to new investors).Vested Interest: Investors have the same interest that is to keep the business going on well and generate maximum profits which leads to an increase in the value of the business.Follow-up Funding: When business grows, investors are often prepared to provide follow-up funding.(Source of reference:businesslink.gov.uk/bdotg/action/detail?type=RESOURCES;itemId=1073789573)Wider Pool of Finance: When company is listed in stock exchanged, the company has the access to wider pool of finance.Quality Products: The owners will pay proper attention for improving the quality of products. The reason is the appropriate of quality product goes to them.No Interest Cost: No payment of interest for the funds provided by the shareholders. The cost of production remains low as there is no burden of interest.Earning Remains with the Firm: When funds provided by shareholders for improvement in the business are making profits, the earnings are remained with the owners. Earnings are not shared by the creditors.To Tide over Emergencies: Firm is in a better position to tide over recession period and other emergencies due to no burden of rate of interest.Ability to borrow: Borrowing ability is improved if the equity capital is financed well.(Source of Reference: blurtit.com/q303144.html)Sources of Skills and Experiences: Good investors can bring resources for the business. They can help one to get skilled people, right contacts to build the business. They might also help out with their own experience in the formation of the strategy or with decision making.No Obligation for Repayment: No obligation for the repayment of the finances in the initial phase of the business when the cash flow is quite slow. Whereas, in bank loans the re are severe obligations and penalties in case a business fails to generate monthly interests and make the monthly payments to the bank.(Sources of Reference:freewarefiles.com/techfi/Advantages_of_Equity_Financing.html)Pledge No Assets: Corporation does not have to pledge their assets as collateral to obtain equity investments.Availability of Cash: Business will have more cash available due to no debt payments have to be made.(Source of reference:http://forums.forbes.com/forbes/board/message?board.id=entreforum;message.id=399)3.1.3 Cons of Equity FinancingThe disadvantages of equity finance are:Costly and Time Consuming: Raising equity finance is costly and time-consuming. Business may suffer as times are devoted to the deal. Potential investors will seek background information on owner and his business and they will closely scrutinize past results and forecasts and will delve the management team.Interference in Management: The equity investors can interfere in the management of th e company and in addition they also have the voting rights which could influent the making of major decisions.Extra Effort to Provide Information: Founder will have to invest management time to provide regular information for the investor to monitor the situation of the business.Share Dilution: Founders share in the business will be diluted which means lessen in strength. Besides that, businesss profits will be shared by other equity investors.Legal and Regulatory Compliance: There can be legal and regulatory issues to comply with when raising finance (eg. when promoting investments).(Source of Reference;businesslink.gov.uk/bdotg/action/detail?type=RESOURCES;itemId=1073789573)Limitation of Control: Founders must give up some control of the business. If investors have different perceptions and ideas about the companys strategic direction or day-to-day operations, they can pose problems for the entrepreneur.(Source of Reference: answers.com/equity+Financing?cat=biz-fin)No Tax Deductio n: Dividend payments are not tax deductible.(Source of Reference:http://forums.forbes.com/forbes/board/message?board.id=entreforummessage.id=399)3.2 Debt FinancingAccording to (answers.com/debt+financing?cat=biz-fin) debt financing is a strategy that involves borrowing money from a lender or investor which the full amount will be repaid in the future usually with interest within a certain period. It asserted that it does not include any provision for ownership of the company. Debt financing has a prior claim on the company irrespective of the profits earned despite the company goes into liquidation (Joseph 2008).3.2.1 Pros and Cons of Debt Financing3.2.2 Pros of Debt FinancingMaintain ownership: The debt holder cannot interfere in the management of the company and they do not have the voting rights. Therefore, business can be run without outside interferenceTax deductions: Principal and interest payments on a business loan are classified as business expenses and thus tax deductible. It also lowers the actual cost of the loan to the company.Lower interest rate: There is a lower interest rate of debt financing when interest rate is lower than tax rate (where the business can take a loan and have a deduction on tax rather than high interest rate).(Source of Reference: http://entrepreneurs.about.com/od/financing/a/debtfinancing.htm)No Complex Procedures Required: Debt financing is easier to obtain than equity financing. Raising debt capital is less complicated because the company is not required to comply with state and federal securities laws and regulations.No Profits Sharing: Profits of company are not shared with the lenders who require capital appreciation and dividends on their investments.Forecasting: Interest and principal payments are typically a know amount that can be forecast.(Source of Reference: job-employment-guide.com/business-financing.html)No Extra Rewards: Debt holders are entitled only to repayment of the agreed-upon principal of the loan plus interest and have no direct claim on future profits of the business if the company has made extra profits.Saving Management Time: Company does not have to send periodic mailings to large numbers of investors, hold periodic meetings with shareholders and seek the vote of shareholders before taking certain actions.(Source of Reference: http://smallbusiness.findlaw.com/banking_financing/be1_5debtvsequity.html) David H. Schwartz3.2.3 Cons of Debt FinancingRepayment: Sole obligation to the lender is to make payments on time. If the business fails, the company still has to make payments. If business goes into bankruptcy, lenders will have claim to repayment before any equity investors.Impacts Credit Rating: It seems to be attractive to keep bringing on debt when company needs money, a practice known as levering up, but each loan will be noted on your credit rating. The more borrowings, the higher the risk to the lender and the higher interest rate the company will have to pay.Cash and Col lateral: The company is usually required to pledge assets of the company to the lender as collateral, and owners of the company are in some cases required to personally guarantee repayment of the loan.(Source of Reference:http://entrepreneurs.about.com/od/financing/a/debtfinancing.htm)Difficulty in Business Growth: Interest is a fixed cost which raises the companys break-even point. High interest costs during difficult financial periods can increase the risk of insolvency. Companies that have large amounts of debt as compared to equity often find it difficult to grow because of the high cost of servicing the debt.Restrictions on Activities: Debt instruments often contain restrictions on the companys activities, preventing management from pursuing alternative financing options and non-core business opportunities which results in losing of other investment opportunities.(Source of Reference:http://smallbusiness.findlaw.com/banking_financing/be1_5debtvsequity.html)3.3 Consideration Fac tors for Sources of FinanceEquity financing and debt financing is the option for a company that needs financing. Each company is unique and they have their own financing requirements and therefore, it is inappropriate to determine any one of the financing methods is the best option for companies. There are certain factors that a company needs to consider before choosing the right financing method:The size of the company: Larger companies may obtain financing by equity financing due to the needs of wider pool of finance for company growth (Joseph 2008). However for smaller companies, debt financing is much easier to obtain because its not easy to reach the status of public limited company and the issuance cost of equity finance is unaffordable by smaller companies (Joseph 2008).The ability to generate cash flow: This relies upon the operations of the company (Joseph 2008). If the company is able to generate enough cash flow, the company may seek debt financing because debt financing requires cash make frequent repayment of interest and principal (Joseph 2008).Any Restrictive Covenants: If the company is restricted by the lender from subsequent borrowings, equity financing is more appropriate due to the bindings against the company.The Cost of Financing: The cost of financing for debt financing is cheaper than equity financing due to the debt financer is exposed to lesser risk and he is entitled for prior claim in the companys profits and interest payable are tax deductible (which means actual cost of debt is lesser) (Joseph 2008).The Duration of Borrowing: The longer the duration, the interest rate charged on the borrower will be higher (Joseph 2008).The Current Gearing Level: If a company has a high gearing level, it is the best to go for equity financing whilst if a company has a low gearing level, they can go for debt financing (Joseph 2008).4.0 ConclusionNot every dividend policy suits a company. When deciding on how much dividend should be distributed to t heir investors, factors such as legal constraints, contractual constraints and etcetera have to considered to obtain the most suitable and appropriate dividend policy for better financing.Factors that affect dividend policy can be incorporated in several dividend theories such as residual dividends theory, clientele theory, signalling dividend theory, bird-in-the-hand theory and Modigliani Miller dividend theory. These theories can be classified into dividend relevance theory where its dividend policy will affect on companys value and cost of capital and dividend irrelevance theory where its dividend will not affect on companys value and cost of capital.Overseas manufacturing gains advantages such as cost savings and economies of scale. Inversely, it also has other effects such as no expertise available and also time consuming for starting a new factory.Companys capital structure can be financed through debt financing and equity financing. These are the strategies that a company ca n get its fund. However, these two strategies have their own advantages and disadvantages. When implementing any of those strategies, factors such as size of the company, ability to generate cash flow, current gearing level and other factors have to be considered in order to have the most suitable strategy to finance the organization.

4 interview mistakes youre making in the first ten minutes

4 interview mistakes youre making in the first ten minutes By: Biron Clark Most employers spend days or even weeks deciding if they want to hire you, but it only takes them a few seconds to rule you out. As an Executive Recruiter, I’ve seen first-hand some crucial missteps from interviewees that have cost them the job.Here are four overlooked interview mistakes that are costing you job offers in the first 10 minutes of your interview.You’re trying to decide mid-interview if you want the jobYou should have one goal in your interview – sell yourself and get invited to the next round in the process. Here’s where many job seekers go wrong: They start trying to decide if they want the job while also trying to sell them self and impress the interviewer.You can gather facts and ask questions to find out about the role (in fact you absolutely should), but never try to decide mid-interview if you’re interested or not. You’ll be distracted and won’t sell yourself as effectively.I’ve seen this hap pen over and over as a Recruiter with the people I’ve coached and helped.For example, you might hear something that worries you about the job, and your energy level will drop. You might stop trying to impress them. Later in the interview, you might hear  a few great things and decide you are interested, but it’s too late – you didn’t seem excited about most of the interview and they’re not going to invite you to continue.It’s better to get invited to continue interviewing at companies you’re not interested in than lose a single job offer you wanted because of this mistake. Wait until you’re home to decide whether you are interested in their job.You don’t seem confidentPeople gather a first impression visually before anything else. Within the first one or two seconds of seeing you, the interviewer is judging you – even if they don’t realize it. By the time you’ve followed them down the hallway and s at down with them, they’ve already gathered a strong impression of you – whether it’s positive or negative.This is the importance of a good handshake, posture and overall body language.This isn’t something you can turn on-and-off at will; especially when you’re tense and nervous in an interview. So start thinking about body language in everyday conversations to prepare for your interviews. Try to keep your shoulders back and your head up straight. When you sit down, avoid tapping your hands or feet or doing anything else that will distract the interviewer. Practice maintaining eye contact before your interview too, especially while talking (most people find it easy to hold eye contact while listening, but much more difficult while talking).Finally, make sure to show confidence in your abilities and your expertise when answering their questions.You’re the expert in your field of work. If not, why would they hire you?So show them you have grea t ideas to contribute and are ready to make an impact and use what you know to help them. This is what top employers look for.You’re worrying if the interviewer likes you or notPeople ask me all the time, â€Å"how will I know if my interview is going well?† Here’s what I tell them: Don’t try.Always assume it’s going well and the company is interested in you. If you start to worry, you’ll lose confidence and then you will do badly (even if you were doing fine before). Some interviewers are friendly to everyone, even if they have no interest in hiring you. Other interviewers show little or no emotion even if they think you’re the perfect fit for them.So stop worrying, and just assume you’re giving great answers from start to finish. It’ll be one less thing to worry about and will make your answers come out better.You didn’t ask enough questionsNow, you might be thinking, â€Å"hold on, Biron. I thought this articl e was about the first 10 minutes of the interview. I’m supposed to ask my questions at the end, right?†That’s correct, but you should also ask questions throughout the interview.Asking questions and gathering information shows them you’re confident in your ability to find a job, and picky about which employer you choose to work for (both good things!) So you want to mix questions into the conversation naturally, rather than waiting for them to invite you to do it. The simplest way to do this is to end some of your answers with a question directed back at them.Here’s an example of how this might look:Interviewer: â€Å"Why do you think you’re a good fit for this job?†You: â€Å"Well, my biggest strength is in financial reporting, and from the job description, it seems like that’s an area you need help with right now. Is that right? And if so, can you tell me a little more about the team’s needs?†Interviewer: â€Å" Yes, that’s right. Our biggest expert just retired and we don’t have enough people to do the work. We also need to make our reporting processes far more efficient.†You: â€Å"Very interesting! My last company actually had a pretty inefficient reporting process when I joined three years ago and I worked with them to improve it. Do you have a sense of where the process can be improved most?†This creates a natural dialogue where you can share your knowledge and start to be seen as an expert. You don’t need to do this with every question, but try to do it once within the first 10 minutes, and two or three times in each interview.If you follow the advice above, you’ll stick in employers’ minds and make them much more likely to hire you.  About the author: Biron is a career advice author, Founder of CareerSidekick.com, and former Executive Recruiter for more than 40 companies, including venture-funded tech startups  and Fortune 500 compa nies across the US and Europe.

EMAIL PRIVACY Essay Example | Topics and Well Written Essays - 1000 words

EMAIL PRIVACY - Essay Example Currently, email dominates modern communication. In fact, the survey that was conducted by the Forrester Research Inc. shows that 98 percent of companies with over one thousand employees have internet access. All the companies with internet access use email as the main form of communication at the organization. Email is a very new concept in communication, and it is rapidly gaining popularity. According to Cliffon (2005), it is estimated that in America, up to 1.5 billion emails are exchanged annually. Email Privacy Most people are of the view that since the emails are more personal, they provide a good platform for people to discuss personal issues. This is never the case in most cases; in fact, emails have made communication to be less personal since privacy in communication through emails or telephones is easily compromised. It is always very hard to write personal things on the email because a third party may see them; hence, emails are greatly compromised in terms of privacy. Ac cording to Cliffon (2005), the hackers are able to crack passwords for emails and, therefore, get access to personal information of others. Hacking presents a very precarious situation because hackers may get access to critical information such as credit number of an individual or even password for an individual’s bank account thereby defrauding individuals of their lifetime investments. The internet is highly susceptible to malicious attacks. The process of composing an email to the time that it reaches the final user exposes information to several electronic dangers. Despite this reality, many people are usually oblivious of the many privacy flaws they are exposed to when dealing with email. Crawford (2008) says that most individuals tend to think that the one layer email protection by the use of password is always sufficient to guarantee email privacy yet the one layer password protection is not sufficient to protect the content of personal or business email. Privacy Risks Due to the apparent privacy hitches in email communication, users of email are exposed to a number of risks. The reason for this is that email is highly susceptible to both active and passive attacks. Passive threats vary from traffic analysis and release of message contents. On the other hand, active threats include replay, masquerade, and altering of the contents of the message. Currently, most emails are transmitted unencrypted and this presents the danger that some unscrupulous individuals other than the designated recipient can gain access to content of the email. Such unscrupulous individuals usually have some tools that they use to gain access to the contents of the email (Quigley, 2011). The idea of traffic analysis presents the danger of evading email privacy. Traffic analysis is a routine surveillance by government through monitoring of emails as a measure to counter terrorism as well a thwart any form of political eavesdropping or espionage. In as much as traffic analysi s is justified on security grounds, this approach compromises on the privacy of emails since through the process, access to the private email messages of individuals or corporate is gained. The other potential risk with regard to email privacy is the possibility of altering and modification of the contents of the email. Using spoofing tools, unscrupulous individual can intercept an email message on transit or storage and then modify the contents of such messages. Rao and Upadhyaya (2009) argue that the other potential risk of email privacy is the issue of masquerading; it is possible for an individual to send an email in the name of another person or any corporation. Moreover, it is worth noting that email messages can be resend to individuals more