Wednesday, May 13, 2020

Part of the Team Essay - 2538 Words

Part of the Team Basketball has been more than just a game in my life, it has always been a big part of my life, but it has been a part differently than what it is to others. I love everything about basketball. I have done everything from keeping the official book for a mens and womens collegiate team to washing a high school teams practice clothes and even making sure everyone has their uniforms and shoes before leaving for an away game. You dont have to be on the court, you dont have to be the one taking the winning shot or calling the play to be part of the team. I want you to think about this instead of feeling sorry for yourself because you didnt make the cut. I hope by the time you finish reading this you will realize†¦show more content†¦Since the first time I began managing, I have never went a school year without helping at least one team. You might think only children at a young age are treated the same as players when it comes to being on a team, but thats not the case. I w as treated with the same respect and equality throughout my junior and senior high years. I wanted to show it continues throughout school, so I interviewed many people associated with college athletics and the responses I received along with my personal college experience, prove managers are seen as part of the team in college as well. When I was in high school, I was included in every aspect of team decision making. The players were some of my best friends and they would ask me questions about their game or their stats. The coaches always told the players they were not to question what I said, when it came to game stats. This was important because of a point system our school used. The players lost points for fouls and turnovers and gained points for positive stats or plays. They were not to question what I said in that part of the game. The coaches and players asked my opinion on different things and they always valued what I said. They didnt always go with my view, but it was considered equally with the players views. I asked athletes, coaches and a manager from the University of Arkansas to tell me how they feel about managers. The first question I asked everyone was, Do you consider managersShow MoreRelatedThe Most Important Part Of A Team1338 Words   |  6 Pageshappening backstage of a sport is really exhausting. There s multiple steps and knowledge that has to be put in play. Coaches are probably the most important part of a team. They are the ones that lead the team towards the main goal. One may think that winning is the main key to success, but it is definitely not. It takes effort to be in a team but it takes a person with a lot of patience, courage, and understanding to be a coach. Taking various actions like specific skills, techniques and being anRead MoreHow Sportsmanship Can Be A Part Of A Team1208 Words   |  5 Pagescan recognize that being a part of a team is hard. It is incredibly difficult to select a group of teenagers that will (1) all get along, (2) work together seamles sly, and (3) respect their coaches. The formula for the perfect team is unknowable. One negative spirit always exists to drag the team down, to deflate their motives, and increase their egos; but that does not have any effect on the sportsmanship of a team. Sportsmanship does not rely on the cohesiveness of a team. It does not correlate withRead MoreEssay on Team Action Part 1728 Words   |  3 PagesOrganizational Structure Presentation Action Plan, Part II Audience and Action Plan, Part I Our team has chosen for our audience the board of directors of the organization. To give just a few of our rationale in this choice are that, it is a very viable business in that the market for long term care is growing at an over average rate. According to Lewis (2013), â€Å"The Bureau of Labor Statistics points out that the health-care industry will be one of the fastest-growing industries inRead MoreHigh School Is Not Part Of A Sports Team1821 Words   |  8 PagesIn high school, I was an outsider, because I was not part of a sports team. However, that does not mean that I was classified as a specific group. I tried everything a high school can offer. I tried sports, music, theater, band, art, academic clubs, and more. The school administration would think me as someone who the high school would not benefit from. Concord-Carlisle High School in Concord, MA is a very sports-centered school. The school takes so much pride in sending student-athletes to divisionRead MoreBenefits and Disadvantages of Being Part of a Team Sport1591 Words   |  7 PagesTEAM SPORT ASSIGMENT There are both benefits and disadvantages of being a part of a team sport. For this assignment, I have listed the pros and cons below, giving a brief but detailed description of each reason stated for both sides of the argument. Pros: †¢ teaches interdependence †¢ teaches cooperation †¢ theres always a replacement when someone is hurt or tired †¢ theres less pressure (people arent always looking at you) Friendship Playing sports enables you to create friendships you otherwiseRead MoreTeams Are An Integral Part Of Most Business Situations759 Words   |  4 Pageswill be circumstances where an employee will find themselves on a team with a specific problem to solve or goal to reach. Teams are an integral part of most business situations. Leadership within the respective organization often creates teams. The way that the leadership interacts with the teams can affect how cohesive the team is and if they reach their goals. These two groups can cause a business to succeed or fail. Teams Utilizing teamwork has been a key to the success of our militaryRead MoreStudent Council At My School As Part Of Their Logistics Team2197 Words   |  9 PagesAdditional Activities: Student Council: In 2013-2014, I became involved with the Student Council at my school as part of their logistics team. This experience was crucial to my leadership journey because I gained a deeper understanding of working with the school administration by having the experience of organizing the biggest school events of the year. With the Student Council, I had the chance to organize BOSSILICIOUS, our back to school barbeque. My role involved contributing ideas that wouldRead MoreOral Healthcare Practitioners As A Part Of The Health Care Team Essay2075 Words   |  9 PagesOral healthcare practitioners function as a part of the health care team and have the statutory obligation to abide by several acts and codes of practice at all times. In New Zealand, these include The Code of Health and Disability Services Consumer’s Rights Regulation 1996 and The Privacy Act which were developed to protect the benefits of patients who seek dental care from their respective oral health practitioners. The Code of Rights functions as regulation under The Health and Disability CommissionerRead MoreConflict, Job Designs, And Teams Are A Important Part Of Todays Organizations1014 Words   |  5 Pages and teams are a very important part of today’s organizations. Conflict is a struggle between people that have d ifferent views, ideas, values, goals, and beliefs (Popovic Hocenski, 2009, p.15). Conflict is inevitable. However it can be beneficial for the organization if the conflict is managed correctly. There are many different ways that conflict can be managed. One of the ways that conflict can be managed is through collaboration. Conflict can happen in a team setting. The use of teams has becomeRead MoreDescribe How You Have Collaborated As Part Of A Multidisciplinary Team1501 Words   |  7 Pagesas part of a multidisciplinary team in order to diagnose this patient’s condition? How have you contributed to the effective working of this team? (4 marks) In the practical I was on the clinical biochemistry bench. My role was to carry out the cholesterol test for Mr Smith. The results for the cholesterol test were essential in the diagnosis as it could indicate whether Mr Smith was at risk of heart disease. Throughout the practical all students worked together as a multidisciplinary team. A

Wednesday, May 6, 2020

Vacation essay for school Free Essays

April 10, 2014, my family and I went of an educational fielder. For our educational trip, we went on a cruise to Port Canaveral, Florida, Nassau, Bahamas, and Freeport, Bahamas. I felt the trip was educational because, I learned something new at each stop. We will write a custom essay sample on Vacation essay for school or any similar topic only for you Order Now In Port Canaveral, Florida I learned about biology. â€Å"BIO† means life and â€Å"logy† means the study of; Biology means the study of life. At Port Canaveral I studied the life of manatees. I learned that they are endangered and did not like to come to shore. Since manatees are endangered they had to live at a Sanctuary Park. This place was made so the manatees did not get hit by boats and did not become extinct. Nassau, Bahamas is where I experienced the culture of the Bahamas. I went shopping with my family. While I was shopping, I noticed that it did not look the shops at Pennsylvania. The shops in Nassau, Bahamas where bright and colorful little huts. I had the opportunity to go into â€Å"The Grass Hut† and experienced the Bahamas true culture. The Grass Hut was composed f at least 20 different shops. This included a wood carving stand and that could also be used as a purse weaving stand. Everything In The Grass Hut was handmade and you got to see the people who made the purses or wood carvings that you bought, make another one. Freeport, Bahamas Is lined with beautiful, natural beaches that the natives appreciate. Freeport is the 2nd largest city In the Bahamas and with It being a tourist hot-spot; they use that to their advantage. At this stop, I learned bout the economy and how they make money off the natural resources. With the ocean, they thrive off of the actives that are possible for tourists to do (for example, snorkeling, water skiing, swimming, etc. ) During my trip, I learned about the culture and economy of the Bahamas; the biology of Port Canaveral, Florida. I feel that I could not be able to experience everything that I did on my trip or even begin to study about it in school. This is an experience that I will never forget and gave me lasting memories. How to cite Vacation essay for school, Essays

Monday, May 4, 2020

Common Application free essay sample

Life is so fast-paced and it is so easy to get caught up in it and lose sight of what is realistic. In doing this, you set the bar a little too high for yourself. I have experienced this first hand and when I did not meet that expectation I had for myself, the feeling of failure hit me like a ton of bricks. Getting a two on an Advanced Placement test is not the worst thing in the world. That is what I told myself after I viewed the results for my Advanced Placement English Language and Composition exam. Even though I told this to myself over and over, all I kept thinking is l have failed. I had failed not only the expectations of the test itself, but those of myself and, most importantly, my teacher. The results were devastating and I felt like I would never be able to cope with the failure. We will write a custom essay sample on Common Application or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I Just continued to beat myself up about the awful score. There is no doubt in my mind that my teacher prepared me completely for the exam, so how in the world did l, fail him in this way? Along with failure, I felt embarrassment. I began to think of al the bright students in my class who had probably scored fives and sixes while I sat amongst the lowest if the low with a measly two. I had received texts and calls from classmates asking about my score, most of which got ignored because I refused to speak openly of such a failure. Finally, stopped miserably moping around my house. This change came when I read on a social networking site about a friend who had, to her own surprise and dismay, received a two as well. I was not alone! And most importantly, it was not the end of the world. I had a whole year of high school ahead of me that would include many other Advanced Placement examinations. I would Just have to work a million times harder on future exams than I worked on this exam and I indeed could and would receive a three or higher. With this experience, I have learned that things do not always turn out the way you have planned or how you think they should. Things are destined to go wrong and they will not always get fixed. Some broken things are meant to stay broken and most bad events and occurrences only foreshadow better ones.

Monday, March 30, 2020

Subsidies to US Auto Industry

Over the last decade, the world has been facing economic crises. One major crisis was witnessed in 2008. In necessitated legislation of an act that would enable the government to help struggling industries survives the occasional economic depressions.Advertising We will write a custom essay sample on Subsidies to US Auto Industry specifically for you for only $16.05 $11/page Learn More In the same year, the congress passed into law a bill popularly known as the troubled asset relief programmed (Brunetti 11). This bill did not address a situation in any particular industry. However, it was made with the consideration of the difficulties that some important industries in the US economy were facing at the time. Thus, the government did not immediately move on to assist any industry that was facing problems at the time (Brunetti 13). Automobile manufacturers in the United States of America have always been a critical part of the economy. Collapse of companie s in the automobile manufacturing industry could have dire consequences for the US economy. The sector also employed more than a million people. Furthermore, the number of people employed in the automobile manufacturing sector remained significant despite the decline over the last few years Late in 2008, two automotive manufactures, Chrysler Corporation and General Motors appealed to the congress to approve assistance from the government to help them avoid certain liquidation in the face of financial insolvency (Brunetti 20). While presenting the case, the companies did not argue that they were doing well in the market, but they rather tried to illustrate their efforts towards avoiding financial crises.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Their argument was that the economy would face severe ramifications if one of the major automobile manufacturers were to undergo liquidation. No details of the projected plan were given, but the manufacturers cited substantial financial gains in general. After debate within the congress, senate, and state administration, the government decided to assist the automobile industry to avoid the impending liquidation for several companies (United States Congress, United States Congress 25). The World Trade Organization has anti subsidy rules that were formulated to ensure that there is a competitive international trade. In addition, the rules were established with the view of increasing free trade in the international arena. WTO ensured that its regulations did not cripple individual governments that wished to take corrective measures to salvage an economy that is on the verge of collapse. Thus, anti-subsidy laws are mild, and are meant to deter governments from subsidizing export and import commodities to the extent where the effect of the subsidies affects other countries and companies in the same trade. Otherwise, small subs idies for justifiable reasons are allowed. In addition, to regulate subsidization of products by the government, the WTO has formulated barriers in form of increased tariffs for subsidized products. These barriers are meant to be regulatory measures rather than settle scores among disputing countries. The problem is that the companies could not redeem themselves after the government gave the grants. They eventually had to be liquidated, and more money was used to establish new entities, with a significant amount of capital being contributed by the United States government.Advertising We will write a custom essay sample on Subsidies to US Auto Industry specifically for you for only $16.05 $11/page Learn More It is obvious that the government had acted to save millions of jobs that were at stake. However, through this action, the government was actually subsidizing the American automobile industry beyond what some financial analysts consider acceptable li mits. The situation at Chrysler and General Motors had been partially due to stiff competition. A bailout as substantial as that implemented by the US government seemed like interference with free trade. Most importantly, this action appeared to be a violation of the World Trade Organization’s guidelines on international trade. Other countries could consider bailing out their automobile manufacturing industries to even the scores. Alternating counteractive actions would then lead to hostile tax policies between trading partners, disrupting international trade. Thus, the United States domestic trade policies may be indirect sabotage of international trade (Webel 12). One of the conditions within the subsidies and countervailing measures as outlined by the WTO is that direct transfer of funds must be evident for the bailout to be considered a valid subsidy. In addition, the said subsidy must the directed towards a specific sector of the economy or industry. In that case, the US government’s action qualifies to be classified a subsidy. Furthermore, the US government issued funds directly to a few organizations. WTO requires signatories to its guidelines to avoid directly subsidizing those industries that manufacture goods purposely for export or import trade (Webel 18). That way, the international trade is protected from machinations of any single country. Other regulations within section II of the trade agreements ratified in Uruguay urge countries to desist from subsidizing major industries such that there is a significant effect on trade partners.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More WTO rules also specify that for a bailout to be considered a subsidy, the law of the particular country must isolate the entities being subsidized as the only industries eligible for the particular subsidy. Moreover, WTO considers any benefit of an industry acquired through foregoing of debts owed to the government amounts to a valid subsidy. Since the program was directed by congress in the United States, it qualifies as a valid subsidy to companies that deal in merchandise meant for export. The actions of the United States government contravene almost all guidelines of WTO Uruguay convention regulations (Webel 21). Any member of WTO or automobile manufacturer, which wishes to file a complaint with WTO, may prove several facts to validate its claim. One of the conditions is that the complaining entity may prove that the defendant nation caused a significant setback to the complaining entity’s domestic operations or progress. Secondly, the complaining entity may prove that th e defendant nation hindered the benefit of the complainant by subsidizing a certain industry beyond the acceptable maximum level. Finally, the complaining entity may prove that the defendant nation had prejudice in its action to subsidize a competing rival of the complainant. Several setbacks would face any country or automobile manufacturer that would wish to challenge the United States Bailout program to the WTO as a violation of WTO agreements. For WTO to accept the complaints by any country or automotive manufacturer there must be enough proof to validate the claim (Webel 24). One of the requirements is that the complainant in the case must proof that the United States government subsidized goods meant for export directly. Furthermore, there should be proof that the United States government benefited the companies that were subject to assistance. It is difficult to determine whether there was any benefit for the American automotive manufacturers. The complex procedures and disso lution of the two companies is difficult to analyze, particularly because the old business entities were eventually dissolved and new ones formed. If countermeasures were to be applied by the WTO, the implications of the past subsidies would remain, and the said measures would act just as a deterrent to any future violation of international trade laws. This means that the complainant would not be compensated for any damage caused by the subsidies. For this reason, the complainant may not be motivated to file any complaint against a subsidization that has already occurred. The lack of any financial award by WTO arbitration is a major setback to the international law (Webel 26). As of now, the subsidization of the two American automakers by the government of the United States remains a perceived action rather than a proven fact. Although is it is difficult to proof guilt or take action against the united states of America for the perceived misconduct, there are implications arising fr om reaction of the international market, foreign automotive manufacturers, and other countries that are preparing themselves to take similar action, should multinational companies operating in the country require government assistance. When subsidies are given to an industry with a significant share of international market, a degenerative effect is likely to occur. Competitiveness of companies within the international market becomes impaired by such actions. Apart from the automotive manufacturing industry, other sectors are likely to suffer from changes in trade tariff. Many of the countries involved in substantial trade with the United States may raise tariff so imports from the United States in response to the unfair subsidization of the United States motor industry. However, action by aggrieved parties may also be hampered by the economic power of the corporations that were subsidized. General Motors Corporation and Chrysler are comparatively smaller than the largest automobile manufacturers in the world (Webel 29. However, they operate on a multinational scale and employ citizens of their host countries. Closure of the two companies may make the companies lay off their workers in some of the countries. Thus, any country with interest in either General Motors or Chrysler is not likely to file any complaint against the automobile makes since such an action goes against their interest. Following the support of Chrysler and General Motors by the American government, some of Europe’s automobile manufacturers have been taking similar action though on a smaller scale. It is the difficult for WTO to impose any barrier to such action since no action has been taken against the US government decision to bailout domestic automobile manufacturers. Germany gave one and half billion Euros to Opel, a General Motors corporation subsidiary. On the other hand, France tried to influence Renault by giving the company a loan of about eight billion Euros. Britain also ga ve a loan of three million dollars to domestic automobile manufacturers (Lincicome 9). All these moves by European countries were reactions to the subsidizing of general motors and Chrysler by American government. In turn, the companies that received the said favors, continued to take actions that would indirectly benefit the countries that offered loans and bailouts. Such actions may cause mistrust and therefore fragmentation of global automobile trade. The practice may also spread to other industries, and eventually cause a global depression. It can be argued that the actions of countries that have significant manufacturing industry are a response to the actions of the United States. On the other hand, such actions may be considered efforts by the governments to salvage one of their most important industries from collapse. However, all these subsidies given to the automobile manufacturing industry around the world are a violation of WTO rules in one way or another (Lincicome 14). On careful analysis of the procedures and circumstances, one may choose to consider the actions as a part of a commercial war among the countries that host competing manufacturing industries. Although grants were given to several automotive manufacturing industries around the world, it is important to consider the circumstances of the period within which relief was offered to the manufacturers. The year 2008 had an economic depression that threatened to bog down many industries apart from the automotive manufacturing sector. In the case of United States, it is reasonable to take into account for the size of the automobile industry and its role in the economy. The jobs that Chrysler Corporation and General Motors offered to the public were too many for the government to risk losing. Such a big loss of jobs would have serious political and financial implications for the country. Thus, logic dictates that any government in a similar position would have gone to such a length to rescue t he automotive manufacturing industry. It is also possible that if the United States had sought permission or exemption from WTO or other countries with significant automotive manufacturing sector, it would have taken too long for the bailout programs to be useful to the situation in the industry (Technological innovation and public policy: the automotive industry 45). Similarly, it would have taken too long for United States government to present an amendment proposal to the WTO for consideration to favor its remedy for the automotive industry. Thus, to many observers, the United States did what was in the best interest of the citizens. Furthermore, the United States has other subsidy program for automotive makers other than the plan to bail out Chrysler and General Motors (Chong 45). For example, the United States government has endeavored to provide financial assistance to companies that sell automotive parts to Chrysler and General motors’ in order to maintain smooth trade for the organizations. In turn, manufacturing process at General motors and Chrysler is smooth. Through this mechanism, losses are avoided. However, some of the organizations that benefit from this plan are foreign companies in which the United States government has little direct interest. One can then conclude that the United States bails out companies within the country, but also provides similar assistance to companies outside the country (Chong 53). In such a situation, there is no substantial reason to allege that the United States government had prejudice against some foreign manufacturers. However much the United States government was justified in implementing its contingency plan in the case of automobile manufacturers, there is need to follow trade rules to ensure that there is cooperation in international trade (Lincicome 15). It is important for the country, which is the leading economic power, to show faith in rules and regulations that it has previously championed. The Uruguay concessions were formulated under the patronage of the United States and other leading economic powers. Consequently, it becomes hypocritical for the champion of the said laws to be the first to breach them. Although one cannot conclude that the subsidization of automotive industry in Europe was a reaction to the American case, it could still be a possibility. Thus, whether the government of the United States had a credible reason to bailout its automotive manufacturing industry or not, the fact remains that the US government breached international trade laws. Works Cited Brunetti, Paul. â€Å"United States Economic Policy: US subsidies in the context of World Trade Organisation.† United States Economic Policy 33.5 (2011): 7-24. Print. Chong, Michael D.. Study of the crisis in the automotive sector in Canada report of the Standing Committee on Industry, Science and Technology. Ottawa, Ont.: Canada Parliament House of Commons, 2009. Print. Lincicome, Scot. â€Å"Coun tervailing Calamity How to Stop the Global Subsidies Race.†Policy Analysis 11.7 (2012): 1-36. Print. Technological innovation and public policy: the automotive industry. Basingstoke, UK: Palgrave Macmillan, 2011. Print. United States Congress, United States Congress. Congressional Oversight Panel September oversight report: the use of TARP funds in the support and reorganization of the domestic automotive industry.. Washington: U.S. G.P.O. :, 2009. Print. Webel, Baird. â€Å"Troubled Asset Relief Program (TARP): Implementation and Status.† Congressional Research Service36.5 (2012): 4-33. Print. This essay on Subsidies to US Auto Industry was written and submitted by user Taraji Whitfield to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Saturday, March 7, 2020

IR based street light Essay Example

IR based street light Essay Example IR based street light Essay IR based street light Essay Nowadays, it became essential for people work during nights and returning back to homes late nights, so safety parameter to be implemented to a great extent on highways. This can of this lighting system must be taken into account. The existing system is like, the high way lights will be monitored manually which in turns is a waste of huge human ewer as well as precious time in addition with power wastage at the instant when proper monitoring is failed. This drawback can be overcome by implementing a sophisticated automatic monitoring system through which high way lighting can be monitored automatically before the sun sets and they are switched off the next day morning after there is sufficient light on the roads. But the actual timings for these high way lights to be switched on are when there is absolute darkness. This project gives the best solution for electrical power wastage protection. Also the manual operation of the lighting system is completely eliminated. There is provided an infrared sensor unit for deactivating an electrical appliance when left unattended by its user. The sensor unit includes a passive infrared sensor distance of the electrical appliance An Infra-Red (R) sensor is an electronic device commonly used in security lighting, and burglar alarm systems. When a person in the field of vision of the sensor, the sensor detects the presence and activates highway lighting system, If it is day time he light gets OFF this operation can be performed by light sensor (LDR). E best achieved by implementing proper lighting system on highways. The efficient monitoring This project uses regulated IV, mama power supply. 7805 three terminal voltage regulator is used for voltage regulation. Bridge type full wave rectifier is used to rectify the AC out put of secondary of 230/IV step down transformer. Bridge Rectifier Filter Circuit Power supply to all sections Regulator Step down TIFF

Thursday, February 20, 2020

Personal impression of English class Essay Example | Topics and Well Written Essays - 1250 words

Personal impression of English class - Essay Example When I write, I know I'm leaving a permanent record of my thoughts and visions. I will be judged by the readers who share my writing and it's important to me to be perceived as a competent writer. It gives me a sense of pride and a feeling that I have created a worthwhile essay. The hours spent formulating the idea, outlining, and drafting is hours well spent when I get a feeling of accomplishment at the successful completion of an essay assignment. I especially enjoy the ability to paint a picture, complete with sights and sounds, using only the printed word. One of my favorite descriptions came from an essay I wrote titled "Ocean City: The Best Place to Be!": Ocean City has street parties that clean away the restlessness and replaces it with laughter. Cozy, Old World cafes touched with that European flavor give diners a feeling of sophistication and class; and spontaneous dancing venues with swirling lights, swimsuit-clad bodies, and reggae and salsa music encourage relaxation, cel ebration, and fun. This description of Ocean City gives a feeling of being in the middle of the activity and spending a carefree day with the crowds. It invokes sight, sounds, colors, and smells, I very much enjoyed writing it as I imagined myself at the beach. I have learned that visualizing the setting, the people, and the situation aids me in the ability to describe it. Another skill I have acquired that adds quality to my essays is knowing when not to write too much and conclude the essay with an appropriate closing.

Tuesday, February 4, 2020

Is the UK economy out of recession Essay Example | Topics and Well Written Essays - 2000 words - 3

Is the UK economy out of recession - Essay Example The wealth of the households residing in UK had increased drastically mainly because of the housing bubble and an increase in stock market. Aggregate demand nurtured the level of employment with its major portion stemming from the public sector. However, the recent financial turmoil undermined the economy and it was forced to sink into a serious recession. The percentage increase in GDP of UK had been stable over the past decade. According to the data it has been observed that a recessionary phase has been experienced almost after 18 years; last time it was observed in 90’s which is evident from Figure 1. As we know that, recessions are marked by a percentage decrease in GDP generally over two to three quarters thus we can draw a valid inference from the figure that UK plunged into the recession in year 2008. The crisis traces its root in the financial sector which is the flagship of the UK’s economy. Since the financial sector is closely interlinked to all the other sectors, it exerted a detrimental effect on the other parts of the economy. As we know that financial sector mainly assist individuals and businesses in borrowing and lending of funds therefore this crisis had its impact on the ability of households and businesses to finance their needs. Public finances were hit hard by this upheaval which limited the ability of UK’s government to use fiscal policy to monitor the situation. The current economic scenario is pointing an auspicious beginning for UK as the financial turbulence which swept across the world has subsided to a quite large extent. After six consecutive quarters of recession from April 2008 to September 2009, UK has finally unfettered from the recession since it has experienced a 0.1% growth in its GDP in the last quarter of the year (Figure 2) (Cook & Hayman, 2010). Technically, it is clear that UK has recovered from a recession. However, this financial turmoil has left a great deal of damage in its wake. Banks have become