Puritanism and Pragmatism Essay - 728 Words

Although they lived on the same continent, John Winthrop and Benjamin Franklin lived in very different worlds. These men are similar in some respects, but overwhelmingly they are different. For example, John Winthrop and Benjamin Franklin can be considered leaders in their time frame. Winthrop led the Puritans; Franklin led his country to war. Both men also possessed many of the same virtues such as patience and work ethic. Despite these similarities, John Winthrop and Benjamin Franklin had a different style of living and a different philosophy of life. These differences are most notable in regards to religion, economics, and science. Perhaps the greatest difference between Winthrop and Franklin was their view of religion.†¦show more content†¦The initial New England ideal of a closely knit, covenanted community proved difficult to maintain in the face of economic growth (52). The region began to grow not only in population, but also in prosperity. The Puritans were expected to support the church by giving money to their ministers. The later generations born in Massachusetts Bay were more interested in keeping their wealth than fearing the wrath of God. New England merchants were accused of making too much money; they began to want relief and freedom from the straitjacket of Puritanism. The life of Benjamin Franklin is a typically rags-to-riches story. He knew that hard work would pay off in the end, and by the age of forty-two he had accumulated sufficient wealth to reach his goal of the ‘free and easy life (54). Unlike Winthrop, Franklin believed that the money one earns is rightfully his own. Winthrops and Franklins economic philosophies reflected the time period in which they lived. A final difference between Winthrop and Franklin dealt with their notions of science. Naturally, for the Puritans, science meshed with religion. It says on page 60, Nature was Gods handiwork; its processes showed the effect of His guidance. Consequ ently, to study natural phenomena was to observe the wisdom, power, and glory of God. Science for the Puritan mind was an act of worship. On the other hand, Franklin was determined to understand how things work; heShow MoreRelated Puritanism and Pragmatism Essay705 Words   |  3 Pagesto establish Winthrop’s â€Å"city upon a hill,† â€Å"was the need for the people to obey their governors and for the governors to obey God. If they did, God would adopt and protect the wilderness colony as He had the ancient Jews† (Nash amp; Graves 31). Puritanism reflects the notion of pre-destination, indoctrinated by Calvinism, in which there are only two kinds of people: the elect and the non-elect. The elect were the people, usually ministers and high-ranking officers, who have been chosen by God toRead MoreFranklin: Puritan or Enlightenment? Essay868 Words   |  4 Pageslove work for man#161;#175;s salvation, but as for man. All he could do (if ever there was anything he could do) was to worship the Almighty and hope had been handed down and been very much alive on the contrary. It#161;#175;s safe to say that Puritanism was still much prevailing at that time and even the enlightenment thinkers themselves carried much the puritan belief. Analysis The Autobiography of Benjamin Franklin represented most of the enlightenment ideas of his. However, it also includesRead MoreThe American Culture : Key Values10736 Words   |  43 PagesThe American Culture Some Key Values †¢ Individuality †¢ Results orientation †¢ Pragmatism †¢ Direct communication style Greetings and Goodbyes For most Americans a smile and verbal greeting are appropriate. In a business context, however, a firm handshake is used. Weak handshakes can be perceived as a sign of weakness. It is likely the handshake will be brief. Men usually wait for women to offer their hand before shaking. Also, direct eye contact is also appreciated. Americans tend to dislike over-formalised

American History And Its Impact On America - 1107 Words

American History American History and its people are extremely important to the health and progression of their nation. So may played a critical part in shaping this nation into what it is today. Even though many would love just to focus on the crisis and bad decisions that some have made. Our country is considered the land of the free, land of opportunity, land of dreams coming true. We can’t let bad choices by a few select cloud who we are and celebrate the great achievements we have made together as a nation. To do so would be to make a mockery out of the lives of those who worked so hard to shape this nation into one of the greatest nations on the earth. Most of these people acted from a place of strong faith and beliefs. They forged on against adversity and hostility because of this hope in God and in freedom. Thomas Jefferson was a man who helped establish this country on faith. He was the initial author of the Declaration of Independence and key to affirming freedom and rights for Americans. Jefferson introduced the statue of religious freedom. This is still having an impact on our society today and has helped solidify Christians’ faith across this country. Jefferson was president the years 1800-1808 and he oversaw the expansion of American territory in the west. Benjamin Franklin played a key role in encouraging the diverse colonies to gain together in the war of independence. He later served as an American ambassador to France and helped to cementShow MoreRelatedWorld War One s Impact On American Economics1589 Words   |  7 Pages1’s Impact on American Economics By Chris Danielson History 104, Fall 2015 University of North Dakota As a student studying business, I like to look at significant events in US history and the impact they had on business in America. In addition to business, I have always been interested in wars and America’s involvement in those wars. When we started discussing World War 1 in class, it peaked my interest. Not only did we discuss the war, but we also looked at the impact it had on American businessRead MoreThe Cultural Crossroads Of The Americas794 Words   |  4 Pagesrepresent modern day American and historic America inhabited by Native American Indians. Bob Haozous plays on these two scenarios in an art installation that portrays two sides of American history. The left is depicted through three hunter-gatherers with tools and performing cultural rituals. The right side is depicted through tall buildings and symbols that represent American culture. This paper will analyze the social histories, national histories, and religious histories present in Haozous’ â€Å"TheR ead MoreThe Battle Of The American Civil War905 Words   |  4 PagesThe American Civil war occurred about seventy-eight years after the American Revolution, and has many of the same characteristics of a revolution. In both wars, the American people fought for what they believed in and the way of life that they wished to live. However, the two wars differ from each other, as the soldiers that fought in the Civil War fought a new American Revolution that could have split the new world. The Confederate soldiers in the Civil War fought to keep their way of life withoutRead MoreBenjamin FranklinS Contributions To The American History1537 Words   |  7 Pages Benjamin Franklin s contributions to the American history Benjamin Franklin has a significant impact to the American Revolution and the building of a new nation. His brilliant inventions throughout his life made a significant impact on the United States and will be remembered for them in U.S history. Franklin had inventions like the Franklins stove, and the lightning rod, he also discovered electricity. His inventions and discoveries have changed lives from the first day it was introduced.Read MoreKorean War On North Korea1023 Words   |  5 Pagesespecially, America. Since America played a big role in Korean War because they are supporting South Korea from the invasion of USSR with North Korea. america is affected economically, agriculturally and some government policies are changed after the war. The changes America changed after the war still left a footprint on America today. The policies affects America’s relationship with South and North Korea. In order to understand the true significance of the Korean War played in American history, one mustRead MoreColonial Americas without the Indians1566 Words   |  7 Pagesone’s history textbook is accurate, but this is not always the case. The definition of history is the study of past events, â€Å"the branch of knowledge that records and analyzes past events†, according the Merriam-Webster Dictionary. One may â€Å"regard the native Americans-if we regard them at all-as exotic or pathetic footnotes to the main course of American history†, according to Axtell. (Axtell, James.981) One may believe this because of what textbooks say. When mentioning Indians, History textbooksRead MoreImpact of Religion on American History to 1877934 Words   |  4 PagesEvidence throughout American history confirms religion has significantly contributed to the evolution of our culture. Multiple events have contributed, including politics, people and weather. Politics and people are widely impacted by religion. Religion is the primary cause of most war s in countries across the world. Many historians believe America was formed on the basis of religion. In this research paper, I will illustrate the impact religion had on American History to 1877. SpecificallyRead MoreEssay on Did Religion Impact American History?561 Words   |  3 PagesEvidence throughout American history, confirms religion has significantly contributed to the evolution of our culture. Multiple events have contributed, including politics, people and weather. Politics and people are widely impacted by religion. Religion is the primary cause of most wars in countries across the world. Many historians believe America was formed on the basis of religion. In this research paper, I will illustrate the impact religion had on American History to 1877. SpecificallyRead More a peoples history Essay example844 Words   |  4 Pages A People’s History of the United States 1492 – Present by Howard Zinn takes a realistic viewpoint that is not seen in many textbooks, and that is exactly the point. Zinn writes about the dark sides of United States icons, which students are rarely taught about. Through historical examples, such as Christopher Columbus’ treatment of Native American Arawak Indians, Zinn supports his thesis. In Zinn’s book, he displays his displeasure with the way Americans are taught glorified history, as does anotherRead MoreThe Cover Of A History Of Islam975 Words   |  4 PagesThe cover of â€Å"A History of Islam in America† is very controversial if compared to what is written in the text. My perceptions so far from reading Kambiz GhaneaBassiri book is that he gives factual information on Muslim Black history. But on the cover of the book, the group of people that I see are white skinned immigrants. It confuses me that a historian that spent most of the book from chapter 1-6, discussing the enslavement of African Muslim to the New World and how they had to assimilate to a

Financial Institutions in Financial Markets Free Essays

A financial institution is an institution that issues deposits and other financial liabilities and invests predominantly in loans and other financial assets (Kidwell, Blackwell, Whidbee, p. 636, 2008). Financial institutions include organizations such as banks, trust companies, insurance organization, pension, and mutual funds, and investment dealers or banks. We will write a custom essay sample on Financial Institutions in Financial Markets or any similar topic only for you Order Now In some shape or form individuals and corporations deal with a financial institution on a daily. Depositing money, taking out loans, currency exchange, or investing one has to go through a financial institution. There are several financial institutions three of the major financial institutions and the role they play in the financial market will be discussed in detail. Commercial Banks This is a bank that accepts deposits and makes consumers, commercial, and real estate loans (Saunders, Cornett, p. 29, 2008). The largest groups of depository institutions that are measured by asset size are commercial banks. Commercial banks have similar functions as savings institutions and credit unions. The three accept deposits (Liabilities) and make loans (assets). The difference is in the arrangement of assets and liabilities, which are much more diverse. To meet the interest obligations to deposit, commercial banks carefully invest the assets in addition to extending loans to business and individuals. Enterprises of small and medium sized businesses are the greatest potential customers of the commercial banking area. Commercial banking has less influence over larger corporations there is a possibility for corporations to influence consumer behavior through the financial products offered. The role of commercial banks in the financial institution is essential because it offers a wide assortment of deposit accounts and serves both the public and private sector. Commercial banks are dominant depository institutions. Insurance Organization The primary function of insurance companies is to protect individuals and corporations from adverse events. In the financial institution, the insurance companies invest in financial securities, such as corporate bonds and stocks with the premiums collected. By accepting these premiums, insurance companies promise policyholders reimbursement if certain specified events occur. The importance of the insurance company in the role of financial institution is one that cannot be overlooked. It protects people and companies from the financial consequences of events whose risks are actuarially determinable. The financial health of the insurance company is the single most important purchase criterion; because an insurance contract is a promise by the insurance company to pay the insured if an event occurs. Investment Banks The possibility of the investment bank depends on the influence the investment bank has over the business. This type of financial institution specializes in the sale of new securities to the public or otherwise known as underwriter. Investment banking has the appeal of allowing one to make a large amount of money. The specialty is helping businesses and governments sell debt or equity in the primary markets to finance capital expenses. Restrictions are few on the range of activities in which investment banks can engage in. The one concern is the role of the financial institution between environmental performance and investment performance. Investment bankers study the market of the securities as well as maintaining relationship that provides a full range of the firm’s services to government agencies or corporate clients looking to raise capital. This requires creative thinking and the ability to leverage other product areas in the organization. The three financial institutions act as intermediaries between the net providers and borrowers of funds. The financial institutions specialize in varying types of financial assets and services and most of them are acquired through the market and organize them into a different and more widely preferable type of asset. Commercial banks, investment banks, and insurance companies facilitate the efficiency and growth of the economy as well as trading of existing securities. The major players in the financial market are very important to the financial market. In conclusion financial institutions create financial assets for customers and sell the assets to other markets for a profit. The functioning of these institutions is very important for an effective financial market and for the conduct of monetary policies. Commercial banks, insurance organizations, and investment banks have been explained separately and how each interacts with each other. How to cite Financial Institutions in Financial Markets, Papers

Impact of Social Media on Consumer Decisions

Question: Discuss about theImpact of Social Media on Consumer Decisions. Answer: Introduction: The web 2.0 emergence happened to be a significant development towards history of commerce. The social media being the other buzzword that on web 2.0 based is a revolution that not only helps encourage contents those are user generated but also focuses that allows users to exhibit contents and share between networks (de Kervenoael, Aykac, Palmer, 2009). This technical revolution especially presently in last decade drastically has revolutionized the tradition approaches of marketing with the help of social media marketing. This new era of marketing revolutionized the marketers relationship with their distribution channels, retailers and consumers. Being information age the consumers with overwhelming information quantities are overburdened every day (Evans Cothrel, 2014). Thus looking at numerous campaigns related social media, e-commerce websites, forums, sales emails etc. suggest all companies moving towards internet marketing approaches for target audience accessibility and required money in doing so. The approach related traditional advertising of mass communication media like television, magazines and newspaper aims towards conveying to broader audience group messages with the hope in reaching interested few. With much of the stimuli bombardments, the individuals have become more cautious and adjusted to information seeking (Clarke, 2014). Therefore, it is necessary for Wesfarmers to understand reasons regarding particular concern of consumers and seek ways towards speaking individually, or in small groups to customers. Social media marketing is another alternative for interfacing with the consumers to understand their perspective. Therefore, social media focuses on the consumers with market and business perspective that helps marketers with new tools for interacting with the consumers and integrate these onto the brands through process of innovation. Hence, the research aims towards evaluating the impact of the social media on the consumer decisions that requires Wesfarmers a large and successful retail company in Australia with own retail chains has to understand the impact of social media that influences the consumer behaviour related to buying (Wesfarmersonline, 2016). Literature Review and Theoretical Background According to the Janowski and Mohanty (2010), advancement of the internet and Web 2.0 emergence the interconnectivity on the internet has expanded between the individuals. This has helped immensely to enable the development to collaborate on internet among the businesses and the customers. This having emerged based on the social media, that has enabled the consumers with generating content and conduct the online social interactions through the social platforms. There exist various social media tools and platforms, which have facilitated the sharing of information. These tools for instance such as the Wikipedia, an encyclopaedia free online, is one such most popular platform that provides the users with the facility to collaborate through information sharing. The other platforms provide ability related to generating ratings and reviews like the Amazon.com that enables the customer with facility to review the products and rate them. Further, these platform members are interdependent co operatively (Hudson Thal, 2013). The consumers using the social media can create the content and offer to the others valuable advice. The online communities with these new developments and the individuals emerge using this electronic network on the social platforms where these members share quickly and globally the information. The social networks rise has provided with new era related to the creation of content that has given the individuals to share easily the information and the experiences with other social network users (Forbes Forbes, 2013). The online businesses related to next generation shall be according to communities that is better tool for attraction of new customers. Heinonen, (2011) stated that, online communities provide opportunity to companies with good system related to managing customer relationship with new developments to improve business performance. Further, assuming these platforms through social interaction the members become familiar to each other providing trust source possible that greatly influence users buying intention. Simultaneously, it is vital to have business model that adapts to social commerce for companies. Thus, social media provides businesses opportunities to become universally more attractive through the social interactions of the consumers that affect their deci sions. The Hypothesis and Research Questions Hypothesis Null Hypothesis (H0): Social media influences the consumer decision Alternative Hypothesis (H1): Social media do not influence consumer decision Research Questions What factors influence consumer decision process in products and services? How social media influence consumer decision process in Wesfarmer? How influence the consumer decision process related to products/services through social media in Wesfarmer? The Operation and Measurement Definition The study is been based on variables and link impact investigation (Cabosky, 2016). The variables that study uses both dependent and independent variable with social media as dependent variable, which is important part, and consumer decision process as independent variable The Research Design and Methodology: Analysis and Data collection Sampling Techniques This study focuses on primary and secondary data collection. The primary data through both quantitative and qualitative collected. The quantitative data collected from customers through survey method and qualitative data through interview process collected from Wesfarmers managers (Shelton, 2013). Additionally the secondary data collected both from online and offline sources such as journals, websites, newspapers, business magazines and library sources. Through the probabilistic sampling process, the customers surveyed are selected by giving them to participate equal opportunity in survey process. Alternately, through non-probabilistic sampling technique the managers being interviewed are chosen. This is conducted based on the participation process and busy schedule. Customers: Hundred Managers: Three Method of Analysis The quantitative data represented via tools, statistical techniques like graphs, tables, pie chart, and SPSS software while qualitative data is reflected through analysis and presentation (Page Pitt, 2011). Research Process Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Main Activities/ Stages Selection of research area Developing aim, objectives, research questions and research proposal hypotheses Preparation Conduct literature review Identification and selection of data collection methods interview/survey, ethics form preparation Collecting primary data Analyzing data Comparing findings Conclusion recommendations à ¯Ã¢â‚¬Å¡Ã‚   collecting feedback from mentor à ¯Ã¢â‚¬Å¡Ã‚   à ¯Ã¢â‚¬Å¡Ã‚   à ¯Ã¢â‚¬Å¡Ã‚   à ¯Ã¢â‚¬Å¡Ã‚   à ¯Ã¢â‚¬Å¡Ã‚   Finalization and submission Result Expected This study provides that social media impacts consumer decisions regarding Wesfarmers products/services. Conclusion The research helps to conclude the fact that in making purchase decisions are impacted with information that social media provides that helps in decision making regarding products/services. The process is linked with aims and objective towards effectively achieving it. References Cabosky, J. (2016). Social media opinion sharing: beyond volume.Journal Of Consumer Marketing,33(3), 172-181. https://dx.doi.org/10.1108/jcm-02-2015-1323 Clarke, R. (2014). The Prospects for Consumer-Oriented Social Media.Organizacija,47(4). https://dx.doi.org/10.2478/orga-2014-0024 de Kervenoael, R., Aykac, D., Palmer, M. (2009). Online social capital: Understanding e-impulse buying in practice.Journal Of Retailing And Consumer Services,16(4), 320-328. https://dx.doi.org/10.1016/j.jretconser.2009.02.007 Evans, D. Cothrel, J. (2014).Social customer experience. Indianapolis, Ind.: Sybex/John Wiley Sons. Forbes, L. Forbes, L. (2013). Does Social Media Influence Consumer Buying Behavior? An Investigation Of Recommendations And Purchases.Journal Of Business Economics Research (JBER),11(2), 107. https://dx.doi.org/10.19030/jber.v11i2.7623 Heinonen, K. (2011). Consumer activity in social media: Managerial approaches to consumers' social media behavior.Journal Of Consumer Behaviour,10(6), 356-364. https://dx.doi.org/10.1002/cb.376 Hudson, S. Thal, K. (2013). The Impact of Social Media on the Consumer Decision Process: Implications for Tourism Marketing.Journal of Travel Tourism Marketing,30(1-2), 156-160. https://dx.doi.org/10.1080/10548408.2013.751276 Page, K. Pitt, L. (2011). Web 2.0, Social Media, and Creative Consumers: Special Issue.Journal of Consumer Behaviour,10(6), i-iii. https://dx.doi.org/10.1002/cb.390 Shelton, T. (2013).Business models for the social mobile cloud. Hoboken, N.J.: John Wiley Sons. Wesfarmersonline. (2016).Wesfarmers.com.au. Retrieved 25 August 2016, fromhttps://www.wesfarmers.com.au/ Janowski, T. and Mohanty, H. (2010). Distributed computing and internet technology. Berlin: Springer.