Ceremonial Speech Essay Example | Topics and Well Written Essays - 250 words

Ceremonial Speech - Essay Example As Doug Harty averred, â€Å"Jobs got away with inexcusable outbursts because they were part of the whole (charismatic) person† (Hardy par. 3). From his personal perspective, it was revealed that from among the numerous accomplishments attributed to him, Walter Issaacson, his biographer has disclosed that â€Å"it was Apple the company. Making an enduring company, he said, was both far harder and more important than making a great product† (par. 4). Another remarkable trait that maybe only those who are close to him know is that Jobs lived a very modest life, despite the apparent wealth he generated through hard work and persevering talent. Romain Moisescot wrote that his house could have been built larger than the typical suburban houses in Palo Alto, but it did not stand out as lavish or easily identifiable to be his. As emphasized, â€Å"despite his net worth of over $8 billion, his garden had no walls and he did not even lock the front door† (Moisescot:The real deal par. 2). A true attestation of his humane nature and the fact that he remained to be a perfectionist in every facet of his life made him totally distinct and uniquely Steve

How do you understand a functional approach to studying finance-growth Essay

How do you understand a functional approach to studying finance-growth nexus Explain facilitating risk management, exerting cor - Essay Example Joan Robinson however presents a complete perspective when he opines, â€Å"Where enterprise leads finance follows† (1952, 86), thus implicating that it is the nature of the country’s economic growth that creates demands for certain types of financial institutions, and the systems simply respond to these growing demands. Some economists also disregard the theory that places importance on the finance- growth. Robert Lucas in his papers contends that economists tend to â€Å"badly over-stress† the part played by the financial systems (1988, 6), while Chandavarkar (1992) in papers observes that development economists frequently overlook the role played by the financial systems in augmenting economic growth and simply ignore it (Meir and Seers, 1984). ... Financial development is the route through which nations can aim towards furthering the competencies of their present economic systems (comprising of markets and resources), banking sectors, supervising investment projects, and overall strengthening the position of the financial systems within a country. Thus, one can view financial development as a major aspect in affecting a country’s economic growth and welfare (Huang, 2006). Strong empirical evidences reaffirm the theory that finance is at the base of a state’s economic developmental curve. Modern academic scholars are increasingly putting their faith on the efficient, smoothly running financial systems, opining that these systems are essential for processing funds for use in various financial activities, and in apportioning the risks management arena to those who can bear it, thus fostering economic development, enhancing infrastructural growth chances, balanced income distribution, and alleviating poverty (World B ank 2001). While measuring the functional objectives of the financial structures and analysing the process of financial development in a country, focus must be on the financial services, like institutions and markets; understanding the factors that are causing certain sections of the market to remain underdeveloped; and segregating the potential and perceivable barriers within the financial services (Rajan and Zingales, 1998). The dimensions along with the provisions made for the financial developments of a country are assessed are the efficiency, size, and reach of the institutions, services, and markets, along with the quality and cost of the financial services availed for the economic growth of that country (ibid). Thus,