Thursday, October 31, 2019

VLAN in todays enviroment Essay Example | Topics and Well Written Essays - 1000 words

VLAN in todays enviroment - Essay Example But when studied further both LANs and VLANs it serves more than interconnection: personal computer networks to backend networks or even storage area networks. And in most cases, the purpose of a LAN is a combination of many (Stallings, 2007). The common LAN configuration is one composed personal computers. This type is almost present in all organizations no matter the size is. The main reason for this may be because of lower cost and simpler topology. For smaller organizations, this type of network is perfect since it serves its purpose of connectivity without compromising budget and ease of use and maintenance. Another purpose of the network is for backend networks. Now this is more complex and is more commonly seen in bigger organizations. Backend networks serves as a connection between mainframes, super computers and mass storage devices. This implies that with a limited space and less equipment, the network is able to provide fast and reliable data transfer. This is essential for VLANs for companies that provide data services. The same applies to Storage area networks. With these functions, it is not surprising that the topology of the network will also grow more complex. If it were a simple LAN, there shouldn't be a problem. But since a VLAN involves more strategic planning, a lot more effort should be made. Although the physical location of the entities connected is not considered in the planning, how they are connected to each other can be pain staking. The interoperability of these entities can also cause errors. It is necessary that they operate on the same protocol. Existing hardware may not operate with newer ones or equipment from different manufacturers may clash. Based on the above disadvantages, it can be said that managing such network is a lot difficult than a simple LAN. Except for the geographical location, the hardware used for VLANs are not that different from a LAN, although there are routers and switches designed specifically for VLANs. Cisco calls these switches Catalyst. There are also route switch modules for this purpose. Some of the switches have built-in support in software and hardware to do inter-VLAN routing. With inter-VLAN routing, no external device, modules, or daughter cards are required (Cisco). Switches are more commonly used because they are simpler compared to that of a router which functions more like a connection to the internet or a WAN (Tyson, 2009). Security is improved by using switches with built in layer 2 protections such as hardware firewalls. This is then supported by it software counterpart. In the case of connecting several VLANs to each other, routers and bridges can be used. Network switches operate at the layer two or the Data Link Layer of the OSI model. The layer two is the one responsible to provide the means to transfer data between network entities. This makes it vulnerable to attacks by hackers and the like. LANs often have confidential and mission-critical data moving across (Tomasi, 2004). This is easily intercepted since it is right next to the physical layer of the network. VLANs have the advantage to making the network more secure since it segments the network into distinct broadcast groups (Long). Since the information is no longer sent to all when broadcasted, the probability of interception is reduced. In context of the protocols used for VLAN, there are several to choose

Tuesday, October 29, 2019

Fracking Essay Example for Free

Fracking Essay â€Å"Fracking,† or hydraulic fracturing, is a controversial technology that was originally developed over 60 years ago. It allows us to obtain oil and hydrocarbons from otherwise inaccessible underground locations by drilling thousands of feet into the Earth and intentionally fracturing the shale. The oils and hydrocarbons are collected and then refined into pipeline quality natural gas. Natural gas is cleaner, more reliable, and more abundant than other fossil fuels. In recent years, people in America have become more concerned with the environment, and fracking has been a topic of frequent debate. We have seen firsthand what a boost these natural gas extraction facilities can give the economy, there are thousands of jobs being created and increasing amounts of refined natural gas being sold. New steel factories are being constructed to produce the materials required for the natural gas well casings. We don’t have to do a lot of dealing with trading or transport of natural gas, because most of the natural gas we use in America is extracted from our own soil. For this reason, many people are concerned with the impact fracking is having on our health and our environment. One major issue with the process is the risk of contaminating the ground and drinking water near the fracking wells. The wells are filled with high pressure fracking fluid, which contains chemicals and metals that are harmful to humans and our soil. Another possible problem or danger is gas migration, where drilling activity can cause methane build up in nearby wells of drinking water, contaminating the air and water supply with the dangerous gas. The natural gas industry accounts for forty percent of methane gas emitted in America. Breathing in and drinking or eating these harmful pollutants is not only directly harmful to those in the area either, as the livestock and crop can become contaminated before being distributed for sale to unknowing customers. Effects of these pollutants vary, but most of them are hazardous to human health, and can include cancer, respiratory or cardiovascular failure, and developmental damage. Fracking certainly has the potential to decrease our foreign oil dependency by tapping into our abundance of shale gas. It would definitely be best to redesign our process first, before irreversible damage is done to our environment.

Sunday, October 27, 2019

Yuan as a Dominant Currency

Yuan as a Dominant Currency This essay expresses my humble opinion on the idea of the displacement of the U.S. dollar by the Chinese currency, Yuan as the dominant currency in the global financial system, the possibilities of it occurring, reasons of why Yuan should displace the U.S dollar which include the benefits of internationalisation of Yuan to the Chinese onshore and offshore companies, foreign companies, global importers, investors, China, and of course to the rest of the world. Although it remains uncertain and questionable, I believe that China could displace the U.S. as the worlds strongest economy, and that the Yuan, Chinese currency may become the world’s global currency, or even replace the U.S. dollar as the dominant currency. It could even happen in our lifetimes. But, it will be a slow and long process that may result in a U.S. dollar decline, not a collapse. Also, I do believe that the Yuan should replace the U.S. dollar as the dominant currency in the global financial system, as the internationalisation of Yuan can bring numerous benefits not only to individuals, but corporations and governments worldwide as well. In the aftermath of the GFC (global financial crisis), the status of the U.S. dollar as the worlds reserve currency has gradually come into question. Heady money printing practices by the Fed of the United States has weakened the value of the U.S. dollar as many countries have considered in diversifying their assets into other currencies in order to diversify their currency risk, causing the reliability of the U.S. dollar to be questionable. The question then remains in which other currency is strong enough to substitute the U.S. dollar as the dominant currency in the global financial system. In spite of the crippling debt and undermine fundamentals in the United States, one of the main reasons why the U.S. dollar still continues to dominate is due to the fact that other countries have their own share of issues as well. And thus, the dollars strength is more relative. But recently, there have been â€Å"rumours† and talks that the Yuan/ Renminbi, the Chinese currency has the ability to supersede U.S. dollar as dominant currency in the global financial system and being the top reserve currency around the globe.   China is currently the world’s biggest manufacturer and exporter as well as its second largest economy according to ChinaDailyhttp://www.chinadaily.com.cn/china/2014-03/02/content_17315230.htm. Yet its currency, Yuan, which is still cautiously managed by the Chinese government, only has a small percentage of market shares which is substantially behind the U.S. dollar, and is hardly being traded on foreign exchange markets. However, the trading volumes are gradually increasing. During the last quarter of year 2013, the Yuan overtook the euro and became the second most used currency in the global trade finance after the U.S. dollar, based on the Society of Worldwide Inter-bank Financial Telecommunication. Since then, it became the 9th most traded international currency around the globe, according to a financial report created by the Bank of International Settlements. Some economists and analysts forecast that the Chinese currency will continue to rise in the next few decades. Al l the signs mentioned above indicate that the Yuan is gaining greater stature to be a more stable and suitable dominant currency. One of the great reasons why the Yuan should replace U.S. dollar as the dominant currency is the stability of Yuan. The steady economy growth of China for the past few years has almost proven its currency, Yuan a steady and safe currency to invest in. People may argue that the euro, yen, British pound could serve as a strong currency that can be the dominant currency as well; however, most of these economies have not been doing great since 2008. This is especially clear in Europe, where a sovereign debt crisis is brewing, and Japan, where a robust recovery from the last two decades has been put on hold by a combination of several incidents like nuclear power disasters, the spill over from the weak European economies and the 2007 U.S. financial crisis. The internationalisation of Yuan will occur before Yuan becomes the dominant currency. Therefore, the benefits of globalised Yuan can be solid arguments in why should Yuan replace the U.S dollar as dominant currency. There are many benefits when Yuan is internationalized. China has started to loosen its control for its financial markets recently and slowly opening up access to the onshore markets. In the year of 2007, the Chinese government started to issue RMB-denominated bonds, notes, and funds, which are named as â€Å"dim-sum bonds† in Hong Kong. Since year 2009, companies located in Mainland China have been able to perform cross-border trade in Yuan. This enables any onshore companies in China to reduce their transaction costs, speed up payments, and ensure for a better management of foreign exchange risks. â€Å"In the longer term, this will and can obtain wider benefits.† says Professor Yeh, associate professor of the Department of Finance at the Chinese University of Hong Kong. For instance, this will enable the companies to lower down the price of their products or services, and pass on the cost savings to the customers. On the other hand, the use of Yuan undoubtedly benefits foreign companies including the U.S. companies as well. Many U.S. companies such as McDonald’s, have taken advantage to issue RMB-denominated bonds in China and Hong Kong to save companies a fortune in terms of interest and transaction costs. Moreover, issuing RMB-denominated bonds is a great way to hedge currency risks as well. Given the slow economy growth in the western countries, holding a RMB-bond can diversify the currency risk imposed by the U.S dollar and euro. RMB- denominated bonds are a good financial instrument for companies to conduct business in China in protecting them from any fluctuations in currency values in the future. More advantage in using Yuan in conducting business with the Chinese is the discounts that Chinese business leaders may provide if a business transaction is deal in Yuan. According to the HSBC’s research, 56 per cent of Chinese business leaders would offer discounts to their trading partners for transactions performed in Yuan for up to three to five per cent. U.S. multinationals with business operations in China can also benefit when they perform transactions in Yuan, as it enables them to centralize their management of foreign exchange. Instead of managing their foreign exchange exposure in China, they could centrally manage it in a regional or global centre in New York, Singapore or even Hong Kong, for instance. Next, China is a top import and export market for many countries around the world including the U.S., according to ChinaDaily USA http://usa.chinadaily.com.cn/epaper/2014-05/08/content_17493372.htm. It was also the biggest recipient of foreign direct investment in the first six months of year 2012, based on HSBC research. According to http://www.cfr.org/china/uneasy-us-chinese-trade-relationship/p10482, the trade between China and the U.S. is healthy. As a matter of fact, 77 per cent of U.S. business leaders claimed that they do import from China and 49 per cent claimed that they have export partners in China, according to a survey performed by HSBC. Since the U.S. has the largest percentage of international trading activities with China, the U.S. could benefit from the use of Yuan in conducting their trading business with China. For the benefits of importers, performing trade activities with the Chinese trading partners in Yuan relates to pricing. When U.S. dollar is accepted as payment in trading transactions, the Chinese companies usually factor in the foreign exchange risk by adjusting their price. By completing the payment in Yuan, the importers stand a better chance to negotiate for a lower price or even obtaining better trade terms. Moreover, invoicing in Yuan helps to increase the supplier base in China importers too, as the Chinese companies appreciate this practice a lot. With a bigger supplier base from which to choose, the importers obtain a bigger bargaining power in negotiating price and terms. On the same hand, a globalised Yuan brings several advantages to international investors as well. International investors could diversify their investment and currency risk by investing into other currency like Yuan, rather than just the U.S. dollar or euro. The modern portfolio theory states that the more unrelated assets you have, the less impact of currency risk will be encountered through diversification (http://www.sec.gov/investor/pubs/assetallocation.htm). Just like any democracy, at least two parties are needed to achieve balance. The same goes to international currencies, with an extra option to invest in, investors could enjoy the diversification advantage. Today, U.S. dollar is the dominant currency; therefore, U.S. domestic fiscal and monetary policy has significant effect outside and inside the United States. If there is more international currency, then there would be more choices and investors will be less susceptible to U.S. policy decisions. While the impact caused by the 2007 global economic crisis did not affect a huge number of Chinese investors, but the fallout has been serious, as values of the savings around the world have plummeted. The 2007 financial crisis has a great impact on the mind-set of international investors, especially, about the safeness of the dollar. National banks, China’s included, have experienced the fall of the value of their foreign currency reserves significantly, as the dollar and euro weakened during the crisis period. Therefore, more choices of international reserve currencies can provide better checks and balances, which are very essential to monetary policy makers around the world, showing the benefits of Yuan being internationalised and as a dominant currency. Furthermore, if Yuan ever became the dominant currency, it would allow China, which holds substantial amount of money reserves, to be less dependent on foreign currency reserves, and therefore less affected by the currency fluctuations. Moreover, a globalised Yuan could bring direct financial benefits to China in the form of seigniorage as well. Seigniorage is the profit made by a government by issuing their currency with the difference between the fair value of the money and the cost of producing it, explained by (investopedia) http://www.investopedia.com/terms/s/seigniorage.asp. So if the fair value of the money is greater than the cost of producing it, the money, then China will enjoy a financial gain. Some economists even estimate this could amount up to USD of 2.5 billion a year. Other than seigniorage, if Yuan became the dominant currency, China could also enjoys further benefits, including prestige, lower borrowing costs for the government, corporations, and households, and a much lower if not zero probability of a debt and financial crisis. The dominance of Yuan would bring obvious benefits to China, which includes a lower risk of capital loss triggered by a depreciation of the U.S. dollar or euro. What about the effects to the Europe, United States, and other countries? Firstly, since the Western economy is not performing well recently, if the benefits from the dominance of the Yuan helps to convince the Chinese to buy more of their debt, it could aid to hold down their borrowing cost, indirectly billing them out from the poor economy. Secondly, with a greater Yuan flexibility, China will worry less about the capital loss on its foreign exchange holdings. As such, China would be more willing to hold on to their fixed exchange rate regime. This could benefits not only to China, but to all the countries that perform trading activities with China as well. During the 2008 GFC, China decided to change back to a fixed exchange rate regime after implementing a semi-floated currency regime for a short couple of years http://www.investopedia.com/articles/forex/08/pegged-vs-floating-currencies.asp. This decision aided the Chinese economy to emerge 2 years later relatively well. Since then, China has been trying to control its economy from growing too fast. If afloating exchange rate regime is used by China, American demand for Chinese goods would definitely force up the exchange rate and inflate the price of the Chinese goods, causing the Chinese goods less desirable eventually http://www.netplaces.com/economics/foreign-exch ange-and-the-balance-of-payments/to-fix-or-float-that-is-the-question.htm. This is undoubtedly important to the Western governments. Thus this should be considered worth facilitating. However, some might believe that the United States would never tolerate the humiliation with its government debt denominated in a foreign currency. But if the U.S. does, it certainly would not be the first country to do so. Most countries denominated their debt in foreign currency whenever they need to make borrowings from the international capital market. Furthermore, history reveals that the U.S. is very pragmatic. History also shows that the U.S. has denominated part of its government debt in foreign currency before, mostly the deutsche mark, a German currency before the adoption of euro, in the 1970s. In any case, everyone has to weigh the benefits and the costs for doing everything. In my opinion, the benefits outweigh the costs in this case. To a certain extent, an international role for the Yuan seems inevitable. How often and widely a currency is used and traded around the globe is generally a function of how significant and important its home country is to the world economy. In the 19th century, while the British Empire reigned supreme, the British currency, Pound was recognised as the top international currency. Ever since World War II, the role of Pound has been substituted by the U.S. dollar, as the U.S. is currently the worlds largest economy. Now that China is catching up rapidly with a stable economy growth that placed itself second after the U.S., the potential of its currency may progress to a point where it substitutes U.S. dollar as a global currency. If the growth continues at its current pace, it is possible that China’s economy could surpass the United States within the next two decades. Therefore, there is a strong reason to believe that Yuan could replace the U.S. dollar and dash into the big lea gue of international currencies. http://www.bloomberg.com/news/2010-08-16/china-economy-passes-japan-s-in-second-quarter-capping-three-decade-rise.html However, the Yuan is still currently far from that league. As a matter of fact, it can hardly be found in the world currency markets. The chief reason is cause by the Chinese policy. The Chinese Government restrictions restrain the Yuan from being traded freely around the globe or being fully convertible into other currencies in almost all financial transactions. The Chinese currency value is pegged to a basket full of currencies which are most probably dominated by the U.S. dollar and is only permitted to adjust each day within an allowed and narrow band. With such limitations, the potential of Yuan cannot progress very far. http://content.time.com/time/world/article/0,8599,1911671,00.html Nevertheless, it is believed that the Yuan could be one of the world’s top currencies and may be able to fully convertible sometime in the future. Therefore, I believe that the Yuan could serve as a potential hedge against the U.S. dollar as the dominant currency to the world. In conclusion there are numerous advantages as for Yuan to be the dominant currency, including the stability of Yuan compared to the U.S. dollar, benefits of globalisation of Yuan to the Chinese companies, foreign companies, international importers, investors, China, Europe, United State and other country around the world. Thus, I do believe that the Yuan should replace the U.S. dollar as the dominant currency in the global financial system.

Friday, October 25, 2019

blurred lines Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Blurred Lines   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Today we live in a world that keeps us on the run. There is a way to get in contact with anyone at any given time. There is no such thing as ‘getting away’ because we have created a society of people that want to be found. But it is also through this technology, the same one that keeps us connected to the outside world, that we can get lost. The simplest video game can help a person escape into a different reality, spending hours on end in front of a computer screen, looking for nothing in particular on e-bay. This gets us lost. We engulf ourselves in things that have nothing to do with our daily lives because we’ve had enough, our life is too much to handle. So we focus on AIM, or video games, anything that can take us out of our life, and into something better. But then where do we draw the line? When does it become okay to spend an entire day on the computer because life was too stressful? Or, still worst, when the life we lead to get away, becomes our daily life. We lie about our lives and retell occurrences that really did not take place. Things that happened on our mental breaks become reality. These lies then have to proceed and grow, because we don’t want to be exposed. That cannot happen because that would add more stress, but what we don’t realize is that by perpetuating the lies we become more and more stressed. The exact reason we needed to get away has come back full circle. In the play Who’s Afraid of Virginia Woolf? the line between truth and illusion has very nearly disappeared. No longer does the reader know when the character is telling the truth or embellishing a lie. Even still is the character himself is being honest to his personality.   Ã‚  Ã‚  Ã‚  Ã‚  George and Martha have a very tumultuous marriage. In some respects it is obvious that there is some deep rooted love. The simple fact that they have been married for twenty three years shows that although they are high spirited, there is love. What does not match up very w... ...mans, it is in our nature to find an easy solution for a problem. In many cases it is a means of escaping, and finding something better. For these four characters, the illusions they used to get out of the stresses of normal life, become their lives. Instead of dealing with issues with their spouses and getting what they want in life they blur themselves to reality. It becomes a question of when is reality too much to handle? For these characters reality was too much to handle the minute they got scared. The second the future was in jeopardy, or their reputation was on the line. This is not unlike society today. People are desperate for approval and will seek this by any means. Without approval from others we cease to exist or be content. And for many contentment is also something that must be achieved.   Ã‚  Ã‚  Ã‚  Ã‚  But for these four characters contentment only came at the expense of others. Their happiness depended on the illusions they concocted. These illusions, the ones that used to just help them escape reality and be happy became their reality. The lies became truths and the truths were no longer evident. Their realities were too much for anyone to handle. blurred lines Essay -- essays research papers   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Blurred Lines   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Today we live in a world that keeps us on the run. There is a way to get in contact with anyone at any given time. There is no such thing as ‘getting away’ because we have created a society of people that want to be found. But it is also through this technology, the same one that keeps us connected to the outside world, that we can get lost. The simplest video game can help a person escape into a different reality, spending hours on end in front of a computer screen, looking for nothing in particular on e-bay. This gets us lost. We engulf ourselves in things that have nothing to do with our daily lives because we’ve had enough, our life is too much to handle. So we focus on AIM, or video games, anything that can take us out of our life, and into something better. But then where do we draw the line? When does it become okay to spend an entire day on the computer because life was too stressful? Or, still worst, when the life we lead to get away, becomes our daily life. We lie about our lives and retell occurrences that really did not take place. Things that happened on our mental breaks become reality. These lies then have to proceed and grow, because we don’t want to be exposed. That cannot happen because that would add more stress, but what we don’t realize is that by perpetuating the lies we become more and more stressed. The exact reason we needed to get away has come back full circle. In the play Who’s Afraid of Virginia Woolf? the line between truth and illusion has very nearly disappeared. No longer does the reader know when the character is telling the truth or embellishing a lie. Even still is the character himself is being honest to his personality.   Ã‚  Ã‚  Ã‚  Ã‚  George and Martha have a very tumultuous marriage. In some respects it is obvious that there is some deep rooted love. The simple fact that they have been married for twenty three years shows that although they are high spirited, there is love. What does not match up very w... ...mans, it is in our nature to find an easy solution for a problem. In many cases it is a means of escaping, and finding something better. For these four characters, the illusions they used to get out of the stresses of normal life, become their lives. Instead of dealing with issues with their spouses and getting what they want in life they blur themselves to reality. It becomes a question of when is reality too much to handle? For these characters reality was too much to handle the minute they got scared. The second the future was in jeopardy, or their reputation was on the line. This is not unlike society today. People are desperate for approval and will seek this by any means. Without approval from others we cease to exist or be content. And for many contentment is also something that must be achieved.   Ã‚  Ã‚  Ã‚  Ã‚  But for these four characters contentment only came at the expense of others. Their happiness depended on the illusions they concocted. These illusions, the ones that used to just help them escape reality and be happy became their reality. The lies became truths and the truths were no longer evident. Their realities were too much for anyone to handle.

Thursday, October 24, 2019

Long-term Negative Effect of Breatharianism

A reason behind I became a breatharian is to maintain a slim figure, living healthy, and happy. Unfortunately, any of those my wish doesn’t come true. That’s why I decided to inform the vice squad for further investigation into the organization. The breatharian diet neither includes food nor water. However, after seeing several YouTube video and commercial on flyer, I was convinced by the specious way to live life. Once I enrolled, I came to know many things, for example, some of the main people of the organization not even follow their own instruction which is not to eat or drink. I would like to share my personal experience and that is I am completely unsatisfied with diet plan and even their promises. They said to me that, â€Å"if you live only on light and air, you became healthier and happier more than you are right now. † Nevertheless, just following there instruction I became ill. I had to visit an emergency room of hospital twice a month. Now, I am suffering from high blood pressure. That’s just my experience. One of my friends also enrolled in this program and she is suffering from renal disease. I want to submit this report against the organization, because I feel their only purpose is to make money out of people like us. They are making this money by enrolment and seminar fees. In addition to that, after one month experience of being part of their program, I feel that they not follow their own instruction. I saw one of them eating outside the Taco Bell. The diet plans they provide are dangerous and lead many lives in danger. After all it’s our moral duty to save local citizen. It’s my humble request to take a step towards the organization.

Wednesday, October 23, 2019

Addressing Challenges of Groups and Teams Essay

The use of teams in the workplace is continuing to grow because teams work more efficiently and are effective (Robbins & Judge, 2011). However with teams challenges and benefits present with group and team communication, collaboration, and conflict can arise. The Enron Corporation failed to have an effective plan to promote communication, collaboration, and address conflict. The following will review a plan that outlines the benefits and challenges of groups and team through the promotion of communication, collaboration, and address conflict. Creating an Effective Team  Three elements of an effective team are categorized as contextual, composition, and process (Robbins & Judge, 2011). The effectiveness of the team is dependent on the three elements collectively working together to form the team effectiveness. Contextual Factors The contextual factors determine the success of the team. The factors considered contextual are adequate resources, leadership and structure, climate of trust, and performance evaluation and reward system (Robbins & Judge, 2011). The adequate resources for a team begin with proper training about team development and how to work within a team. The team is supported by the organization and has the proper assistance to complete the tasks. The training plan for Enron begins with support from the organization. The team is supported by the executive leadership throughout the corporation. The failure of Enron resulted from the lack of executive leadership to support the ethical business practices within the organization. Therefore, an effective training plan with the support of the executive leadership is the key to success of ethical business practices throughout the organization. Leadership within a team is the key to the success of the team. See more:  Manifest Destiny essay Enron Corporation executive leadership failed to act as a leader and set the organizational objective for conducting business. The leader within the team helps the team define the shared objectives, member skills, and role clarity for the team members (Yukl, 2010). The leader of the team helps to establish the climate of trust among the members of the team. The climate of trust was not established throughout the Enron Corporation because the executive leadership knowingly engaged in accounting fraud and formation of illegal partnerships. The training plan allows each aspect of the contextual element to support the training plan for ethics throughout the organization. Composition Factors The composition factors of the effective team are composed of the abilities of the team members, personality of the members, and allocation of members. The team members have different skills and abilities identified and properly used to allow the member the reach the fullest potential as a member of the team. Identifying skills and abilities allows the proper allocation of roles (Robbins & Judge, 2011). Personality of members may have an effect on the team ability to complete tasks. Members of the team must be aware of their own personality to begin understanding how personality of others offers contributions to the team. Measuring emotional intelligence can help with self-reflection. â€Å"Emotional intelligence reflects the ability to read and understand others in social contexts, to detect nuances of emotional reactions, and to utilize such knowledge to influence others through emotional regulation and control† (Prati, Douglas, Ferris, Ammeter, & Buckley, 2003, p. 21). Therefore, leaders with high emotional intelligence assures self-reflection and reflection of others to determine the most appropriate way to interact with others. Team Processes The final element of effective teams is team processes. The team processes define the purpose and plan of the team. The processes set the goal for the team. Team efficacy occurs with continued success of the team. Team processes also provide plans for handling conflict as it occurs within the team. Applying the Training Program for Enron Enron’s collapse resulted from unethical business practices. The executive leadership within the corporation participated in the accounting fraud and hiding financial losses of the corporation. Enron’s code of ethics for the company should have served as a guide for employees ethically to conduct business practices. However, a waiver is included in the code of ethics that allowed the organization to engage in activities seen as a conflict of interest at the discretion of the chief executive officer (Elson & Gyves, 2003). The executive leadership failed to implement organizational behavior to instill ethical business practices throughout the company (Robbins & Judge, 2011). The initial step to applying the training plan is communication. Communication among the members of a team and a corporation serve as the first step toward success. Communication among the members of the team can occur through electronic mail, memos, and face-to-face meetings (Robbins & Judge, 2011). The leader of the team is responsible for communication between the team and the executive leadership. Communication serves to engage members of the organization, implement change, and establish a checks and balances systems. The Enron Corporation failed to communicate effectively throughout the organization. This lack of communication gave opportunity for the executive leadership to conduct unethical business practices. Collaboration among the members of an organization and team build the cohesiveness of the team and stimulate creativity to solve problems. Using collaboration to build the cohesion of the team keeps each team committed to the goals and mission of the organization. Collaboration will also help to maintain ethical business practices by assuring members of the organization responsible for the accounting and business practices are using checks and balances to report information accurately. Conflict is expected to arise in team and group work. Therefore, the leader must be dedicated to addressing conflict and guiding the team through the conflict. Failure to address conflict can lead to failure of the team (Robbins & Judge, 2011). The leader of the team will use the conflict process to work through conflict. The training plan for Enron that included managing conflict can help to address unethical business practices prior to occurrence. Through the use of internal and external audits deficiencies and conflicts can be identified and addressed before unethical business practices are implemented. Conclusion Communication, collaboration, and conflict management are keys to the success of teams and businesses. Enron failed to communicate, collaborate, and management conflict leading to the failure of a corporation. Enron allowed executive leaders to stifle communication, collaboration, and conflict management to hide fraudulent accounting practices. The implementation of a training plan supportive of communication, collaboration, and conflict management may have identified and addressed issues leading to the success rather than the failure of Enron Corporation.