Friday, October 25, 2019

Comparing Science and Religion in Frankenstein and Angels and Demons Es

Comparing Science and Religion in Frankenstein and Angels and Demons Science and religion have been at odds since back in Galileo’s day and maybe even before. The battle rages on even today with debates on cloning and stem cell research. These issues can be seen not only today’s literary works but also in the works from the years past. Two great examples of the past and present are: Mary Shelley’s Frankenstein and Dan Brown’s Angels and Demons. Both deal with the issue of the roles that science and religion play. Mary Shelley’s Frankenstein is a horror story written in 1831. It tells a tale of Victor Frankenstein’s obsession with playing God and creating a man and the consequences that come with it. Not only does the book reflect on Victor’s life and but also on the monster’s life and how it deals with the situations at hand. Angels and Demons is a suspense thriller written in 2000. Robert Langdon has been asked to help solve a murder mystery because it is believed that a secret society that he has studied called the illuminati are behind it. The story takes a ton of twist and turns that involve a container of antimatter, the Catholic Church and a dead priest’s secret. Even though both of these books were written in different times and with totally different plots they still both bring to light the battle between science and religion that may never diminish. Victor Frankenstein is obsessed with his to attempt to create a human. He works on it constantly alienating friends and loved ones. His obsession is finally rewarded with success; he manages to create a monster. This is where Mary Shelley starts to bring in the lesson of playing God. When Victor looks at his creation, he sees what a horror he has created and how hideous a creature it is. â€Å"No mortal could support the horror of that countenance. A mummy again endued with animation could not be so hideous as that wretch† (Shelley 44). Shelley shows that man cannot create things without messing it up. This is would not be the last time that scientist went to far to attempt to create perfection. In 1991 Michael Stewart wrote a story called Prodigy in which a man messes with his daughter’s DNA to make her smarter. However, she becomes a child that has evil genes. (Nelkin 35). This is another way authors show that man is not capable of imitating God. Even though Victor’s description of... ...ck facts before committing them to complete believe. These two books show very well what can happen when religion and science try to battle with each other. There are two types of extremes. Those that want to use advanced technology to expand into the realms of God and those that want to use their religious stance to stop technology from advancing. Frankenstein is blinded by his obsession to create life and the Carmerlengo Carlo Ventresca went to the extreme to punish those that he thought had disobeyed his religion even if it was his own father. Neither extreme is completely right and yet both sides tend to think that they have all the answers. It is a battle that has been going on for centuries and one that is not soon to be done. Works Cited Brown, Dan. Angels and Demons. Pocket Star Books. New York, 2000. Mazur, Allan. Science three, religion zero. Society. May June 1996 V 33 No.4. P 20-28. Nelkin, Dorothy. Genetics, God and sacred DNA. Society. May/June. 1196 V33 no.4 pg 29-43. Shelley, Mary. Frankenstein. Bantam Classics. New York, 1818. Silver, Lee. Mary Shelley’s Frankenstein. www.princeton.edu/wws320/films/Frankenstein/Frankenstein%20essay.htm

Thursday, October 24, 2019

The Hazard of Internet, Cell Phone, and Television Addiction

I am a technology addict. When I have my computer connected to the internet, I can forget the time. I am very busy to search any informations through the internet. Beside internet, I also use my cell phone to chat with my friends all day long. One more activity that can make me addicted is spending my time to watch my favorite TV programs. Yeah, those three kinds of technology are very enjoyable. But, I want people to know the potential risk of over using internet, cell phone, and television in the daily life.First of all, those three kinds of technology make us lazy. Take a look when we are too enjoy watching our favorite TV programs, we will postpone our assignments. We will delay them in 5 minutes later, then 5 minute later again, and again, and finally we don't finish them. Moreover, our time for studying are reduce. We are more interested watching television, browsing through internet, or chatting by phone than study the lesson. When we get assignments from lecturers, we just co py and paste from internet.Once we are too over using those technologies, we will be very wasteful person. for example, If we chat with friends all day long, we will spend so much money to pay phone bills. If we are blogging through the internet, we also have to pay the bandwidth bills. Or maybe, sometimes we don't turn off the computer or the television until we are fall asleep, so the electric claim will increase. Thus, our monthly expense will uncontrolable.Some studies find that over use of those technologies can create diseaseses. A simple example is if we are sitting in front of the screen for a long time without rest, absolutely we will get stomachache, headache, and back pain. The radiation of television or computer screen are also dangerous for our eyes. Just take a look to me, who has been suffered myopic since I become television addict. Another case is when we are using cell phone, actually, we are potentially get the brain cancer.According to Vini Khurana, one of Britai n's top neurosurgeons, using cell phones for more than 10 years can effectively double risk of developing the cancer, such as Vestibular schwannoma (accoustic neuroma) and Astrocytoma (Karachi, 2008). How terrible they are, aren't they? No doubt that those three kinds of technology bring big impact in our life. They give us pleasure and happines. So we can very addict of them. But, they will be very dangerous for us, if we can not manage the time to use them. Thus, cosidering the potential risk of them are very important. (an23)

Wednesday, October 23, 2019

Effects of Eastern Religions Essay

Eastern religions and their unique belief systems are transforming many social and religious thoughts into an assortment of means for acquiring and developing innovative and contemporary spiritual growth. One of the more influential shifts in mixing religious traditions into western religious cultures may well be considered ritualistic applications, acceptance, and practicing of meditation. Freely borrowing the principles of eastern religious traditions allows an individual extended opportunity to open a connection with his or her chosen God, or Supreme Being, by developing positive emotions, and providing a mental calmness; mean while establishing an acute mental strength within oneself. This practice of clearing the mind, projects an unfragmented focus into the inner self and ones mental intuitiveness, enabling a sharpness and keen ability to stimulate mental alertness, and even suggesting the possibility for mental self-healing. With such widened expressions of religious flexibility, an improved and more comprehensive understanding of diverse truths of belief systems are capable of being discovered. Additionally, through the use of multiple religious observances, one can bear witness to how such effects of Hinduism and Buddhist traditions of meditation, has transformed and enhanced traditional rituals in western religious cultures. Even medicinal benefits can be achieved through the use of advanced breathing techniques, energy practices, and other mental, and physical stimulus. The following synopsis will demonstrate the effects of how ancient beliefs and traditions have produced influences of varying proportions on western civilization. Many eastern religions play an important role in modern medicine. In the past, western medicine has incorporated eastern medicine paralleling different sacred rituals. Many Eastern religions have given birth to a medical practice of their own; one such example includes Taoism. Taoism believes in studying nature and how man is affected by its healing effects. From this adherence to medicinal belief rose the practice of acupuncture, which consists of generating a â€Å"flow of energy,† and how those flows affect the body (Articles base, 2007). Acupuncture, another form of medicinal equivalency, has currently attracted attention and notoriety world-wide. Those who have experienced this sensation have claimed that it leaves one with a feeling of exhilaration. A study conducted by the Stanford University School of Medicine, who promotes acupuncture as having medicinal value, supports its true worth by assisting with such anxieties and medical dilemmas as depression during pregnancy. According to Rachel Manber, PhD, professor of psychiatry and behavioral science, stated â€Å"They hope the results will raise awareness of the problem of depression during pregnancy and provide patients and physicians and alternative to antidepressants† (Manber, 2010). As acupuncture has become popular among western cultures, other configurations of spiritual healing have surfaced, for example meditation and yoga. Through mediation, Siddhartha Gautama, otherwise known as Buddha, was the first person to experience full spiritual enlightenment, primarily due to the deliberate techniques applied. Several ways that meditation can be performed come in everyday tasks such as reading, walking, swimming, and working out. â€Å"From meditation we learn to observe the sensation in the body, which are certainly related to the mind† (Fisher, 2003). Yoga is another practice that the spiritual seeker uses today in meeting the goal to receive purity, wisdom, and peacefulness of mind (Fisher, 2003). The influence of Hinduism is apparent throughout western civilizations and societies. The effects that this has had on the lifestyle and beliefs of most modern Indian are clear. One of the main influences that have roots with Hinduism is in the practice of yoga. Yoga has become extremely popular in the west in the last several decades. Through deep breathing and mediation techniques, the exercise brings a deeper meaning within one’s self. Yoga mediation is not a separate component, but rather a distinct application of meditation. Aside from relaxing and clearing ones thoughts, there is a popular belief that yoga is an all encompassing tool to become physically fit when in fact, this is hardly the case. Yoga meditation is a complete process to â€Å"finding oneself. † Hindu belief in practicing yoga is predestined to guide one to absolute, pure, and eternal bliss, therefore, allowing a person to become wise, wholesome, and peaceful. The practice is one of six schools of Hindu philosophy, in which, there can be found, 196 different sutras of yoga. Each one has different forms of attaining balance, purity, wisdom, and eventually spiritual enlightenment, the essential goal. The first of many types of yoga begins with Raja Yoga. This form of yoga deals mainly with the cleansing of the mind, and is designed to build, develop and sustain a strong mental state through discipline and purification. The way to maintain this state is to have superior health, mental, physical strength and stamina. Furthermore, yoga with such virtuous beliefs, may prove that a pure lifestyle will help in attaining this state of being. Some of the methods used are through abstaining from any influences that would detract from living a pure life such as intoxicant, while also practicing celibacy. Another significant component of yoga is jnana yoga. jnana yoga cultivates four behaviors toward reaching the development of spiritual deliverance. The first is viveka, the ability to understand what is definite and eternal, and what is temporary. Another element of jnana yoga is vairagya. This ritual is intended to acquire an ability to remove oneself from that which is temporary, therefore preparing for the eternal life. The third state of jnana is shad-sampat, in which a person is in full control of his or her mind, a perfect state of concentration and calmness. The fourth state is mumukshutva, a condition that releases a person from his or her temporary state and allows freedom into the eternal state of being. Each of the four sections of Jnana is a preparation toward eternal bliss, and in the end, desiring to reach nirvana. An additional, more precise version of yoga, is Karma, a belief in actions. The meaning of Karma is to do and have done, seeking to have a person behave and act in way that brings one closer to one’s duty, which is to act in an unselfish manner, and to bring peace, calmness and tranquility, with every action one takes. The fourth type of yoga is Bhakti, an instrument of yoga that brings a person closer to God. Within this Practice are nine principles that help a person achieve this state. Although there are various types of yoga, they all parallel each other with the goal of helping to bring a person closer to a divine state with his or her God. Each of the diverse practices of yoga described is a part of modern India, and the influences from Hinduism are apparent in each one. The importance of yoga and Hinduism in India is a large part that is accepted by the society in accordance with the belief system. The following of Yoga is not only practiced in India, but has also brought the attention to many westerner civilizations. Yoga is not a religion, but more as a means of overcoming the hectic demands of family, work, and life. Practicing yoga gives mental balance as well as a means to optimize health and well being. The effects of yoga and meditation have been proven, and positive results in aiding and nurturing the treatment of learning disabilities, nursing homes, and treatment of alcoholism, well documented. This rich culture of ancient Hinduism has had many historical changes, challenges, and an influence is currently seen on a global scale. Zen Buddhism migrated to the United States around the 19th century. Since then, the religion has adapted to the western way of life, and has helped to evolve the religion. â€Å"As Westerners themselves are taking strong interest in Buddhism, those who have grown up as Buddhist are reassessing their religion and finding new depths in it† (Fisher, 2003, p. 182). Buddhist monasteries and retreats have emerged all throughout the United States. From the 19th century, Buddhism has helped many American’s learn to function as valued members in society by following the meditation and Zen teachings of the religion. â€Å"Buddhism gained a foothold among a significant number of Western intellectuals and particularly during the 1960s and early ‘70s among young people seeking new forms of religious experience and expression† (Britannica, p. 2 ). Although the religion thrived during the 60s and 70s, the active Buddhist today is no longer the young, free loving individuals seen in the past. Most modern day believers include parents, and families. Parents can bring their children to daycare at the same time as the parents go to rooms to chant and meditate. â€Å"As more Buddhist mediation centers make their homes in the suburbs, reflecting the spread of that ancient religion throughout the United States, many are adapting to American ways† (Orr, ’98, p. 2). Buddhists of today can go to retreats for weekend sessions or year long-hiatus. These retreats are not vacations because the religion is taken seriously among most practicing Americans. Some may credit Japanese scholar D. T Suzuki (1870-1966) for bringing Buddhism to the United States, although others say it was due in part to the Chinese conquest in Tibet around 1959. Either way, there are many temples that began construction by Tibetan monks that came to the United States for refuge. â€Å"A number of the highest Tibetan lamas, forced out of Tibet, have established spiritual communities in the United States, complete with altars full of sacred Tibetan artifacts† (Fisher, 2003 p. 178). However, along with the sacred artifacts come some differences. Most Buddhist temples do not have weekly services, but in the US, services are typically held on Sundays. A Buddhist service is normally performed in the Japanese or Chinese language, but in the US the services are predominately conducted in English. The leaders of the US temples still follow the traditional teachings, but customize it to reach out to more people in the United States. In modern day communist China, religion is viewed much differently from most places in society today. Shortly after becoming a communist state, many religions, religious practices, and texts were destroyed and suppressed. In fact, most Taoism and Buddhism temples and texts were destroyed in China during the 1960s and 70s (Fisher, 2003). Since then China has become more westernized and recently have adopted a free market economy changing much of China’s communist ways including some religious ideals. China has even declared Taoism and Buddhist temples as historical sites and promotes building of new temples. Although this move by the government was made to promote tourism alone (Fisher, 2003). Religion today is still kept in hiding and many traditions are discouraged. Any new religion is seen as a treat to the state and is quickly suppressed, sometimes violently. After communist China titled Confucianism as an old way and discarded it from society, parts of Confucianism are now being re-introduced back into everyday life. China was once known as one of the safest, criminal free countries in the world (Fisher, 2003). From the time when China opened its doors to the western society and to a free market, criminal activities began to rise. No longer were communist ideals keeping people from committing such crimes. The government therefore, began to bring back teachings of Confucianism to schools and society for morale and ethical purposes, to help control such criminal behaviors. The teachings of being the best person possible and the best person to society, teachings of social harmony, and a personal sense of the meaning of life started to become very popular among communist Chinese society. China has even tried to fuse both the ideas of capitalism and Confucian together to make a â€Å"Capitalist Confucianism† (Fisher, 2003). Of course, even events such as recognizing Confusion’s birthday was re-introduced for economic reasons. The government does keep all religious aspects of Confucianism at bay, along with the idea of free thought. Though, many intellectuals and scholars are trying to fight for freedom of thought. They argue free thought would help improve the economy even more at this time while there is a free market. Even religious practices such as meditation are starting to make a comeback in modern day communist China. Meditation is seen as a spiritual practice for people who follow Taoism and Buddhism in China and also seen as a practice to relieve stress and to relax much like it is seen in western society for others. Since 1995 there have been many experiments on the benefits of meditation in China. Particularly types of meditation known as integrative body–mind training (IBMT) created in the 1990s have been the focus of these studies. IBMT is a type of meditation that teaches a person about a state of calm and focus without the spiritual side of meditation. This type of meditation is said to improve emotional and cognitive performance and social behavior (Posner, 2007). Recent studies have proven that IBMT not only helps improve one’s focus and performance, but also helps a person deal with stress, tension, anger, depression, and fatigue. It also improved those people’s energy levels and made those same people have a more positive outlook on a day-to-day basis. This all come from just a five day course, two hours a day, of IBMT group practices. So meditation in Chinese culture is not only seen to help benefit one’s mental part of life, but also helps make a person become a better person too him or herself and society both mentally and physically. With the resonating effects of eastern religion throughout the western world, social and political lives have been influenced in a variety of ways. A general open-mindness for allowing more opportunities for spiritual growth is becoming an ever-changing cause for overcoming overly rational and extreme traditions of the many religious belief systems in existence today. The availability of technology has also become instrumental in exploration of other belief systems, therefore making them within easier reach for adaptation, offering combined religious values and rituals into one belief system. With such ease of exploration, courtesy of the Internet and widespread mobility, the range of information can enable seekers to learn about other religious traditions, therefore providing diverse individual religious expression (Guarino, 2009). Some Christian leaders however, worry that there may an increase in distractions from worshiping their true path of faith, therefore diluting Christian doctrines. Regardless of ancestral belief systems or modern paradigm paralysis, the mixtures of religions and cultures will continue the spread into western civilizations and societies

Tuesday, October 22, 2019

Globalisation essays

Globalisation essays In the past few years, one of the most controversial economic issues has been global free trade. The proponents claim that nations engaged in open trade would experience a great deal of economic growth. Opponents think that giving foreign countries unrestricted access to American markets will cause a decrease in the number of American jobs, and will pose a threat to American sovereignty. It is the opinion of this writer that the latter is correct. The problem with global free trade is really fourfold. The first and foremost problem with such measures is, as stated above, the threat posed to American sovereignty. All free trade agreements set up international bureaucracies to govern the participants; to ensure that all parties comply with the terms of the agreement. Vice President Gore tried to allay the concerns of the opponents of GATT by claiming that the World Trade Organization would hold no authority over the U.S. He claimed that we would only be bound by those rules which we agree to and no others. However, in his very next breath, he claimed that other countries could be forced to comply with their "international trade obligations" (Gore). Clearly, this is a complete contradiction. No contry, except perhaps the U.S., would agree to so obvious a double standard. Newt Gingrich is at the opposite end of the political spectrum from the Vice-President. Of GATT, he once said, "... we need to be honest about the fact that we are transferring from the United States at a practical level significant authority to a new organization... I would feel better if the people who favor this would just be honest about the scale of change." ("How Can") However, despite his own concerns, and the victory he was handing his political opponents, he publicly supported and voted for GATT. Self-flagellation seems to be a hobby of these people. The second problem deals with the market size. How does the size of the market in the U.S. compare with ...

Monday, October 21, 2019

Free Essays on Nietzsche, Schopenauer And Faust

â€Å"Enter: Philosopher, and lo! He proves to you it must be so†¦Ã¢â‚¬  (Faust: 1928-29) Can Faust, pre and post Mephistopheles, be seen in an either Nietzschean or Schopenhauerian light? Introduction. This piece of work grew out of reading chapters four and five of Walter Kaufmann’s book The Owl and the Nightingale. These chapters deal largely with Goethe and his relation to Faust and Faust’s redemption; the following two quotes are largely responsible for the enquiry: â€Å"†¦Schopenhauer found the quintessence of human nature-indeed, of the universe-in Faust. His metaphysical conception of the ultimate reality as relentless striving, blind will may be considered a cosmic projection of Faust’s ceaseless aspiration.† (Kaufmann p54, 1959) And â€Å"†¦the clue to Faust’s redemption should be found in Goethe’s faith and not in Faust’s moral merits.† (Kaufmann p68 1959) Kaufmann believes Goethe’s faith to be that, concurrent with his anti-otherworldliness, striving in life is the only redemption we have. This prompts a dissonance between equating Faustian striving with a Schopenhauerian position, whilst trying to equate Faust’s redemption with his continuing striving. To be fair to Kaufmann, none of his argument turns on the truth or falsehood of this dissonance, yet nevertheless it remains the notion that sparked this particular enquiry. Prompted originally by this, the paper expands the enquiry to examine Faust’s position both pre and post Mephistopheles, comparing his position first with Schopenhauer and then with the early Nietzsche (a la Birth of Tragedy). The structure is roughly as follows. The first part begins by delineating Faust’s position as we find at the start of the text. The despairing state that we find him in is given first a Schopenhauerian reading and then a Nietzschean one. The Nietzschean reading is longer and deals with Faust as an incarnation of Socratism (leading to nihi... Free Essays on Nietzsche, Schopenauer And Faust Free Essays on Nietzsche, Schopenauer And Faust â€Å"Enter: Philosopher, and lo! He proves to you it must be so†¦Ã¢â‚¬  (Faust: 1928-29) Can Faust, pre and post Mephistopheles, be seen in an either Nietzschean or Schopenhauerian light? Introduction. This piece of work grew out of reading chapters four and five of Walter Kaufmann’s book The Owl and the Nightingale. These chapters deal largely with Goethe and his relation to Faust and Faust’s redemption; the following two quotes are largely responsible for the enquiry: â€Å"†¦Schopenhauer found the quintessence of human nature-indeed, of the universe-in Faust. His metaphysical conception of the ultimate reality as relentless striving, blind will may be considered a cosmic projection of Faust’s ceaseless aspiration.† (Kaufmann p54, 1959) And â€Å"†¦the clue to Faust’s redemption should be found in Goethe’s faith and not in Faust’s moral merits.† (Kaufmann p68 1959) Kaufmann believes Goethe’s faith to be that, concurrent with his anti-otherworldliness, striving in life is the only redemption we have. This prompts a dissonance between equating Faustian striving with a Schopenhauerian position, whilst trying to equate Faust’s redemption with his continuing striving. To be fair to Kaufmann, none of his argument turns on the truth or falsehood of this dissonance, yet nevertheless it remains the notion that sparked this particular enquiry. Prompted originally by this, the paper expands the enquiry to examine Faust’s position both pre and post Mephistopheles, comparing his position first with Schopenhauer and then with the early Nietzsche (a la Birth of Tragedy). The structure is roughly as follows. The first part begins by delineating Faust’s position as we find at the start of the text. The despairing state that we find him in is given first a Schopenhauerian reading and then a Nietzschean one. The Nietzschean reading is longer and deals with Faust as an incarnation of Socratism (leading to nihi...

Sunday, October 20, 2019

Commands and Mandates

Commands and Mandates Commands and Mandates Commands and Mandates By Mark Nichol Several words pertaining to authority or obligation display their kinship with the word element mand. This post lists and defines those terms. The Latin verb mandare, meaning â€Å"order,† is perhaps most commonly represented in command, which primarily means â€Å"exercise or have authority.† Other meanings include â€Å"have dominance or influence over,† â€Å"have at one’s disposal,† or â€Å"overlook† (as in reference to a mountain or hill that commands a location of lower elevation). As a noun, command pertains to an order or signal given, to authority, control, dominance, facility, or mastery, to the act of commanding or the position of a military authority, or to the scope of such an authority, including a specific US Air Force unit. A commander (also often referred to as a commanding officer) is an officer of any rank in a military, law enforcement, or other organizational structure who has authority over a particular unit; in some countries, as in the United States, the head of state is also the commander in chief of its armed forces. Commander is also a specific military or law enforcement rank independent of its generic use, as is the rank of lieutenant commander. To commend (literally, â€Å"entrust with,† from the â€Å"entrust† sense of mandare) is to endorse, entrust, or praise, though recommend is often used for the first sense. Behavior that is praiseworthy is commendable, and statement of praise is a commendation. The idioms â€Å"commends itself to† and â€Å"have much to commend it† are formal language for â€Å"is liked and approved† and â€Å"is good in many ways,† respectively. To countermand is to reverse an order, and as a noun the word refers to such a reversal. To demand is to claim, require, or summon, or to express an expectation (as in â€Å"Courtesy demands an acknowledgment of the gesture†). The noun demand refers to something claimed or required, to the notion of a desire or want for something or the quantity of something desired or wanted (as in the expression â€Å"supply and demand†), to a need or to being needed or wanted (as in â€Å"As a speaker, she is in great demand†), or to expectations (as in â€Å"the demands of the job†). The phrase â€Å"on demand† means â€Å"when asked for† or â€Å"when needed.† To remand is to give over (as in returning a case to trial or a criminal suspect to custody) or send back; a remand is such an action. A mandate is an authorization or command, though it is often used in a political sense to suggest that an election victory or passage of a legislative act validates a certain ideology or policy. It also refers to a conquered territory granted to a particular country, or to an authorization for such a grant. To mandate is to require or to administer a mandate, and something mandatory is required (or might pertain to the granting of territory). The adjective is not to be confused with the legal term mandatary, which refers to a person given authority to transact business for another person. Another obscure legal term derived from mandare is mandamus, which refers to a document issued by a court of law that commands that an act or duty be undertaken or performed. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:What Does [sic] Mean?Confused Words #3: Lose, Loose, LossWhat is an Anagram?

Saturday, October 19, 2019

A Brief for a financial case Essay Example | Topics and Well Written Essays - 500 words - 1

A Brief for a financial case - Essay Example o partners together with a team of experienced professionals, whom they hired, build a portfolio of investments that provided investors with a unique risk profile and substantial long-term returns (Bruner, p.672). Palamon’s investment strategy was to make bridge investments in companies that were in a process of moving from small, private ownership to the public capital markets. Palamon focused broadly on small to mid-sized European businesses in which it aimed to acquire control. To achieve its investment strategy of transforming from private to public ownership, Palamon required both funding and management ability. Palamon complemented their financial investments with advisory services to increase the possibility that the portfolio companies would successfully make it to the public markets. TeamSystem provided an excellent investment opportunity, but there were various challenges and risks facing the company, and Elson had to evaluate the viability of the investment in TeamSystem (Bruner, p.673). As Bruner, p.674, notes that Palamon investment process started with the development of an investment thesis taking into consideration the changes in the market, which included trade liberalization, new technology, and deregulations among others. Palamon looked for attractive investment opportunities using various ways. Palamon deal negotiations enclosed many issues including the management, the board composition and price of products of the company. In the investment process, the company looked for exit alternatives after they have fulfilled their objectives. Palamon identified an investment opportunity in TeamSystem, since the industry in which TeamSystem operated had extreme fragmentation and frequently changing regulations. Elson noted that, for the previous five years, TeamSystem Company had no audited consolidated financial statements. The significant players in the industry where TeamSystem operated were family owned firms which had limited access to global