SAT Sample Essay - Getting a High SAT Score

SAT Sample Essay - Getting a High SAT ScoreThe SAT sample essay is one of the most important things you should do to ensure that you get a high SAT score. By answering this sample essay, you will see a huge improvement in your score. Make sure that you know what the questions are about so that you can improve on it.The first question is fairly easy and does not require a lot of thought. All you have to do is say 'I'd like to write an essay about the difference between X and Y.' This part of the SAT exam is known as an essay and is one of the most important parts of the entire test.You also want to make sure that you have a good response time because some questions do not allow you much time to reply. The second question on the SAT is more difficult but very important to make sure that you get your points across. All you have to do is write a paragraph that goes along the lines of what you just wrote. This will help you if you really do not know how to write a paragraph.The third ques tion on the exam is similar to the second question but is easier to answer. All you have to do is answer that it is easier to read a book than a page long advertisement. This means that your essay should include an introduction and a conclusion.The fourth and last question on the SAT is quite tricky and requires you to fill out a lot of information about yourself. It is best to list your best qualities first and then your bad traits. It is a good idea to write about things that are on your mind and not too serious.There are many other sample essays that you can choose from to ensure that you know how to create essays that are tested. By taking the time to go through all of these, you will find what they ask you to do and how you can improve on your essay. You should make sure that you write about different types of topics and not just facts that you learned in school.One last thing to remember when trying to get a high SAT score is that you do not have to write a perfect essay for i t to be considered. You can use only examples of your own life and no one can tell the difference. Try to come up with a topic that has nothing to do with your major but will allow you to make points.Being prepared is the key to getting a high SAT score and the best way to do this is to be able to write essays. Many students think that they can get a high SAT score just by reading books and looking up information but you can really make up for it with a well-written essay. If you do not know how to write an essay, you should start looking for practice essays that you can use.

The Most Ignored Answer for Admission Essay Topics for College

<h1> The Most Ignored Answer for Admission Essay Topics for College </h1> <p>Colleges are not scanning for immaculate people. They are searching for a feeling of development and introspectionpinpoint the change and show your self-awareness. They are bound to concede understudies who can verbalize explicit reasons why the school is a solid match for them past its notoriety or positioning on any rundown. Schools and colleges wouldn't exist without understudies so the obligation of the school affirmations office is critical to the assorted variety and money related soundness of any college. </p> <p>One of the most troublesome aspects of school life is funds. Obviously, a higher education in the present business showcase is basic. Numerous school confirmations divisions wish to comprehend what your objectives are. Clarify your responsibilities, and you will be the kind of understudy schools find monstrously attractive.</p> <p>Admission article is only one of the most critical scholastic papers throughout your life as it decides if you'll be in a situation to go into the school you need or not. Schools use expositions to attempt to make an individual preview of you absurd from various pieces of the application. The school affirmation article gives the understudy an opportunity to acquaint oneself with an entrance advisory board. </p> <p>Reading may likewise be away to improve discourse. Educational plan proposition points is a way to attempt. Composing the school application paper is a difficult gig. It very well may be one of the most overwhelming pieces of applying to school. </p> <h2>Admission Essay Topics for College Explained </h2> <p>A recommended breaking point to the amount of words for the article should be watched. The whole paper must be written in a pleasant tone with predominant sentence structure and utilization of jargon. For a start, the typical application exposition subjects need you to utilize language that is absolutely liberated from language imperfections and syntactic mix-ups. Basically, school application exposition design must deal with a theme. </p> <h2> The Good, the Bad and Admission Essay Topics for College</h2> <p>In the occasion the perusers concur, a decision is made. Recounting to a story is very troublesome particularly at wha tever point you can't paint a picture of where you want the perusers to wind up subsequent to perusing the story. Should you choose you have to talk around one of the platitude article themes referenced beforehand, a better technique than recount to a progressively pervasive story is to focus on one explicit second and work starting there. Your answer shouldn't be a book report. </p> <p>Thus, the article should harmonize with the candidate's characteristics and interests with the end goal for it to support the conceivable outcomes of affirmation. Mulling over the extraordinary number of uses that an entrance advisory board goes over, it may be a superior decision to make an exposition that is powerful yet succinct. Today, school heads are to some degree progressively basic and investigating. In case you're not following the chief favorable circumstances you'll never make unique confirmation paper. </p> <p>Because you have experienced the positive and negative subjects, it would be more straightforward for you to zone in on the most appropriate exposition point for school application composing. Intelligent paper subjects are very famous, as well. Moving toward questionable themes like discretion or otherworldliness is a brilliant thought, as it may render your article uncommon and great. </p> <p>A proposition paper is very clear to appreciate. In case you're not very sure about the perfect paper point for school application, it would be ideal if you let us know and we can verify you can make the fitting impact. Universities can tell at whatever point your article is essentially a structure exposition. In case you're searching for school article models, here's an incredible one below.</p> <p>You must search for a subject you may expound on most energetically and viably. So you don't really need to find a theme! Remember, the point should be customized however much as could reasonably be expected, and it additionally should be sensible. </p> <h2>Choosing Admission Essay Topics for College </h2> <p>Application composing isn't the end of the world and you'll have the option to plan for it. The article is effectively among the most irksome territories of the school application approach. Your exposition merits exertion and consideration, yet remember that it's just a segment of the general application practice. Application articles about difficulties uncover how you react to trouble to people who are very intrigued by how you'll deal with the resulting four years by yourself.</p> <h2> The Admission Essay Topics for College Chronicles </h2> <p>In choosing your point, it's shrewd to pick something which you hold close to the heart. Who knowsthe reaction to that question might be the establishment for your confirmation article. You may talk about anything you appreciate, and your subject isn't to b associated with your up and coming calling. Themes like demise and separation are preventative since they can be exceedingly testing to compose about.</p>

APA Sample Paper - Important Tips For Writing One

APA Sample Paper - Important Tips For Writing OneSome states require the use of a state-approved APA sample paper, while others require it to be written in English. Most important is that you have taken all necessary classes in your subject and passed the requisite exam.Paper is like a blueprint. You can't get a real construction crew to build a house without using a blueprint for the complete project.Writing an APA sample paper is very similar to constructing a building. The same problems exist and the results are hard to predict. You must use both experience and common sense to guide you through this phase.When writing an APA sample paper, you must first brainstorm what you plan to say in your paper. In order to do this effectively, you will need to consult a reference book or browse the Internet for ideas.Next, determine how you will write the paper. Is it going to be a text or a report? You can go ahead and use either method. However, if you plan to add graphics, then you can use either method, depending on whether or not your computer has adequate memory for the graphics you will be using.Writing the introduction, body, and conclusion are all different but equally important. Make sure that you fully spell out all the information that you want to include in your paper. Once you have your introduction complete, do your best to get it right in your conclusion.Do your best to put yourself in the shoes of the reader and make sure that they clearly understand what your paper is intended to convey. If you are writing for a college course, make sure you do the best you can to relate your topic to the person that is taking the course. Remember that people always like to see themselves in terms of someone else's perspective.

Symbols That Aren t Very Child Appropriate For A Disney...

The book Alicein Wonderland has many symbols that aren’t very child appropriate for a Disney book or movie. The book deals with many extraordinary adventures, creatures, and people that only one would be able to dream of, Alice Kingsleigh. Alice is about to be asked for her hand in marriage by Hamish Ascot, then noticing the large white rabbit in the waistcoat leaning up against the pillars, she left Hamish there in the gazebo and she curiously followed it. After running through the woods trying to keep up with this familiar creature, she lost sight of him. Alicewas now in an open meadow trying to catch her breath, but still looking for the rabbit. All of a sudden she was pulled down a large hole by a white paw! Alice’s ‘trip’ to†¦show more content†¦The slowing down of time is an effect of most depressant drugs such as Marijuana, Methamphetamine, crack, and once again LSD. ( http://www.angelfire.com/nt/nic2031/alice_in_wonderland.htm) Alicesimpl y didn’t know how far she fell down the hole because the drug made her lose track of time. After falling down the rabbit hole Alicesaw a door, and the door was so tiny she knew she simply wouldn’t be able to fit. She saw a bottle on the table that said â€Å"drink me† on it. Without thinking, Alicedrank the liquid and soon became two feet tall! The liquid inside the bottle was LSD, which has the effect of making one seem bigger or smaller than one really is. ( http://www.angelfire.com/nt/nic2031/alice_in_wonderland.htm) And of course the caterpillar sitting on a mushroom and smoking out of a hookah is a sure site of drug usage. A hookah is usually used to smoke marijuana out of, which brings out a relaxed mood to the user, and mushrooms are hallucinogen drugs. ( http://www.angelfire.com/nt/nic2031/alice_in_wonderland.htm) Finally Alicecame upon the Cheshire cat, and after she finished speaking with him, only his smile was left. This could be another possibility of a hallucinogenic drug, or LSD. Alicealso had some flashbacks of her discussing seven impossible things before breakfast with her father, Charles Kingsleigh. This event is one more

Theory Of Knowledge 2 Essay Research Paper free essay sample

Theory Of Knowledge 2 Essay, Research Paper History is portion myth, portion hope and portion world. Discourse this quotation mark in relation to History and to at least one other field of survey. The survey of history has been and will go on to play a major portion in the lives of every person and every community. Our history is our individuality stating us where we come from, what we are and what our sires did and therefore dramas a major in function in our changeless hunt for cognition and apprehension of each other. The most common definition for history is a ) the survey of past events, clairvoyance. human personal businesss B ) the entire accretion of past events particularly in relation to human personal businesss or to the accretion of developments connected with a peculiar state, individual, thing etc. degree Celsius ) a uninterrupted normally chronological record of of import or public events. We will write a custom essay sample on Theory Of Knowledge 2 Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the 2nd portion of the definition the key words are past events particularly in relation to human personal businesss. History is written by and recorded by worlds and there is ever an component of prejudice in it. Because of this we can state that History itself is a really complicated and interesting labyrinth of events which give us hope for the hereafter, penetration into the world that is mankind and the fiction of how the events of our clip have been portrayed. World is frequently a word that we on a regular basis settle on in connexion with History. It is our first thought ; it is all the events in the yesteryear. For illustration we know that the Second World War ended in 1945 as in the same manner we know that there were British settlements in Asia and Africa. We accept it as a fact but at the same clip do we accept it at the same degree. Is what I have learnt from different primary and secondary beginnings the same as what individual Ten may hold learnt? Do we see colonialism in the same position and whose version is more right? For this ground we can state that History is portion world for it like everything else in the universe has no one manner of looking at things. We are all entitled to our ain sentiments. Everyone has their ain alleged Map Of Reality which is influenced by position, perceptual experience, gender and everything that makes you what you are. When you pursue anything you carry a map of world and when you tie this into the field of survey which can be known as Pursuit of Knowledge we can see that History like cognition is fragmented. All cognition has parts, which in bend can neer give us any feel of certainty. One portion of History can be stronger. Myth may draw stronger or trust turning you into the optimist for the twenty-four hours. Today you trust scientific discipline and the following it will be faith. History like Knowledge is like a Baobab tree, you can t set both weaponries around it. We have already stated that history is fragmented and it seems that the best manner to understand it is to seek and touch as many parts of it ( Myth, Hope, and Reality ) as possible and therefore integrate more into your map of world. However from this a little statement evolves. Who is to state that all these different parts really form together to do a whole? Can reality truly exist with myth? It seems that it has done so and will go on to make so when you take into history the doctrines of psychologist Dr. Dipak Chopra the history that we study in our schoolrooms and in our twenty-four hours to twenty-four hours lives is all myth. The text edition we use and read to analyze the yesteryear is all bias information. This is because it has been preponderantly written by white males who have the desire to fight for the sides that their sires fought for and by making so provide nutriment for their ain self-importances and their ain race. Dr. Chopra is s aying that a batch of what has been taught is all myth. But we have accepted this as world so we are seeing myth and world working together in our ain planetary community. History is like life and in that sense nil can be straightforward and simple. We as worlds normally decide to make what is easier. We accept what our perceptual experience of logic is. We either utilize inductive logic or deductive logic to calculate out what is logically possible in life. Inductive logic is really much like how we deal with history. In inductive logic we have the spring from the particular to the general. We take certain specific illustrations and from that we learn to generalise. This is non incorrect for without some kind of generalisation we would be perpetually seeking to rectify ourselves. An illustration of Inductive Logic: Tom was suspended from school for contending hence I believe that all pupils will be suspended for contending. We assume that all pupils will be suspended because Tom was suspended. In the same we decide to accept what is presented to us as history because logically it is ok. We accept all facts to be true in a history book for illustration because some of them are. It is a logically sound determination. From all this we can besides add that History is a tool for us along with a topic. We can utilize to larn from errors and alteration. It is a contemplation of life itself, which is a chase of cognition. We know that history is subjective and disconnected where there is no ultimate truth and that is one of its greatest traits but in the same manner it raises some inquiries. If there is no truth that brings all the terminals together so how can it truly be world? Or does that say that world itself has truth but it excessively is difficult to happen. It seems a spot disconcerting to believe that there is no truth in History. For it is a steadfast belief of many people that History is at that place to learn us non to reiterate the yesteryear. A category illustration is the bombardment of Hiroshima and Nagasaki by the Americans in World War 2. Is this a lesson that bad cats neer win or that the atomic bomb should non hold been used? Even now, with the lingering bequest of Hiroshima and Na gasaki, there still is a contention. We have more cognition about the bomb now, but does that mean we are closer to the truth we ardently prosecute? I believe your cognition is a myth and you believe mine # 8217 ; s is and we both think individual X is merely a bumbling sap for trusting it will neer go on once more. We all look at the same event, and see something else. Why? And it told us nil in footings of the truth so is history and it # 8217 ; s parts merely a travesty? If history # 8217 ; s restrictions are like those of cognition, so that # 8217 ; s a travesty excessively. Could we so boldly say that Life is a Farce excessively? Once once more the same inquiry arises. Do all the parts make up a whole? We live with the changeless hope that atrociousnesss of our yesteryear are non repeated. But can trust tantrum in with the myth and the world of history. Hope is non merely hope things get better or I hope that doesn # 8217 ; t go on once more. hope is why we study history # 8212 ; we hope to encompass more of the Baobab tree but with an interesting turn we hope we are right excessively. History plays an of import portion in our chase of cognition where we want to get it and happen the ultimate truth. History is made up of many parts, be it what we perceive as world and what we logically settle on and fling as truth and false belief. It is the footing for communicating, instruction and alteration. And with it ( be it myth or world or both together in harmoniousness ) world looks to the hereafter for prosperity, alteration and the of all time increasing thirst for cognition. 332

Show how and explain why Priestley creates dramatic tension in the Birling house even before the inspector arrives Essay Example

Show how and explain why Priestley creates dramatic tension in the Birling house even before the inspector arrives Essay In the first act, Priestley introduces the characters to the audience in the play and their lifestyles. Using language, props and costume, Priestley shows the characters are wealthy. For example at the beginning of the play, Birling says, You ought to like this port, Gerald. . The upper class of the time (1912) generally drank port after dinner. The Birlings are gathered after dinner to celebrate the engagement between Sheila Birling and Gerald Croft. Birling is a rich businessman who is only interested in making money- Its my duty to keep labor costs down. Money is his first priority. Priestley wants Birling to sound ignorant, stupid, foolish nai ve and unsympathetic. Birling makes assumptions of what will happen in the future, for example, he says the Titanic will never sink, and he says that the English will never go to war because the Germans dont really want it. Since the play is set in spring 1912 none of the events have actually taken place yet, but the audience is living in the 1940s so they know Birling is wrong. This is called dramatic irony. His wife, Sybil is much of a sexist, traditionalist type lady. Sheila Birling is a young woman who is very pleased with life at the beginning of the book. We will write a custom essay sample on Show how and explain why Priestley creates dramatic tension in the Birling house even before the inspector arrives specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Show how and explain why Priestley creates dramatic tension in the Birling house even before the inspector arrives specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Show how and explain why Priestley creates dramatic tension in the Birling house even before the inspector arrives specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Her brother Eric is quite mysterious and comes across as very strange. On the surface, the mood in the Birlings house is jovial. Everyone seems quite happy with his or her lives but sometimes language they use shows there is tension. Tension is the anticipation of something bad, stressed or uncomfortable coming. The characters dont want to let the tension show because this should be a happy night for everyone and they dont want to make a big scene or cause a fuss. For example, one point of tension before the Inspector arrives is when Birling is talking about the absence of Sir and Lady Croft. Im not sorry that were celebrating quietly like this- Mrs. B cuts in saying, Much nicer really. The subtext of what Mrs. B is saying is shut up. She wants her husband to stop talking before someone is embarrassed by what he says. This tells us she is protective of Gerald because she doesnt want him to become embarrassed. There seems to be a problem between Gerald and Sheila. Although they are getting engaged, there are moments of tension between them. For example, when they have just finished dinner, Gerald says, In fact, I insist upon being one of the family now. Ive been trying long enough, havent I (Sheila does not reply, with more insistence) Havent I? You know I have. At this point Mrs. B cuts in and says, smiling, Of course she does. Here, Mrs. B cuts in to prevent an argument from arising and hide the tension. She is hiding the tension for Geralds benefit. Mrs. B wants to protect him because she respects him and likes him. She tries to cut off the subject but fails. Sheila continues- half serious, half playful, Yes- except for all of last summer, when you never came near me, and I wondered what had happened to you. Gerald replies, And Ive told you- I was awfully busy at the works all that time. Sheila replies in the same tone as before Yes, thats what you say. This seems to be a topic that has been previously discussed between Gerald and Sheila. We know this because Gerald says, And Ive told you- meaning obviously they have discussed this at length before. She approaches this subject carefully because although she is serious, she cannot let her anger show because she does not want to make a big scene. She knows something was not right about the time and hints Geralds response is a lie when she says, Yes, thats what you say. When Gerald pauses-And Ive told you- I was awfully busy at the works all that time. At the pause, he is preparing what he will say as it is a lie that has previously been told. He doesnt want to change his story by accident. Their discussion continues with Mrs. B, Now, Sheila, dont tease him. When youre married youll realize that men with important work to do sometimes have to spend nearly all their time and energy on their business. Youll have to get used to that, just as I had. Sheila responds, I dont believe I will. Then to Gerald in the half serious half playful tone, So you be careful. Here, Mrs. B is saying that all men will have affairs and that the women will just have to get used to that. She knows Gerald was with another woman during the last summer but is protecting him from enduring more embarrassment. She thinks her daughter should accept the situation. When Sheila replies, she shows the change in attitude. She could easily be a feminist later on in her life. She believes more in equality than tradition. Out of all the characters, Sheila is the most sympathetic with Eva Smith. She represents change not only in sexism but also equality within classes. She is hope, optimism, and change because she is not selfish. She is not concerned about money at the end of the play. It is significant that Lord and Lady Croft are absent from the celebration. They appear to not be there because they are out of the country but that could easily just be made up to prevent embarrassment. They are not at dinner because they feel the Birlings are their social inferior. They do not approve of the engagement and choose not to be there from their own free will. When this subject comes up, tension arises. Birling says, Its a pity Sir George and er Lady Croft cant be with us, but theyre abroad so it cant be helped. As I told you, they sent me a very nice cable couldnt be nicer. Im not sorry that were celebrating quietly like this- Mrs. B then cuts in with Much nicer really. Gerald then finishes with, I agree. The pauses at the beginning of Birlings speech show tension. He does not seem to recall the maiden name of Geralds mother so he calls her Lady Croft to save embarrassment. This shows the Crofts are very aloof and do not speak to Birling often. Mrs. B cuts in to stop her husband rambling and Gerald ends the conversation with, I agree. Gerald is just saying he agrees to save embarrassment and to end the conversation. He may disagree strongly but doesnt feel comfortable enough to present that. Later though, when the men are on their own Birling shows he is aware that Geralds parents feel that Gerald could have done better socially. Birling says, I have an idea that your mother Lady Croft while she doesnt object to my girl- feels you might have done better for yourself socially- At this comment, Gerald feels rather embarrassed but Birling says that it is okay for his mother to feel like that and starts showing off that he may be on his chance to be knighted sometime soon. Eric behaves very strangely. He seems to not particularly know what is going on. After Gerald and Sheila have their moment of tension (Yes-except for all of last summer ) Eric suddenly guffaws out of nowhere. He seems to be as Sheila puts it, Squiffy. Eric is very familiar with the decanter and wants to continue getting drunk. He also starts saying strange things. When the women arent in the room the men start talking about women and how they are obsessed with clothes. Birling says, Yes, but youve got to remember, my boy, that clothes mean something quite different to a woman. Not just something to wear- and not only something to make em look prettier- but- well, a sort of sign or token of their self respect. Gerald then says, Thats true. Eric responds, eagerly, Yes, I remember but then he checks himself. Birling stops and says, Well what do you remember? Eric replies, confused, Nothing. Here Eric seems to be covering up for what he said earlier, perhaps he let it slip because he was drunk. At the end of the play we find out he is actually an alcoholic. We find he got Eva Smith pregnant in a drunken state that led her to Mrs. Birling. He knows this, while the audience doesnt. He probably is talking about Eva Smith and how she loved clothes. Priestly deliberately creates moments of dramatic tension for a number of reasons. He does this to show the relationship between the characters in the first place, before the inspector arrives. Another moment of tension occurs in Act 1. The following quote is taken after dinner, when everyone has left except for Gerald and Birling. Birling is showing off. He says, So as long as we behave ourselves, dont get into the police court or start a scandal eh? After this he starts laughing complacently. Gerald replies with a laugh, You seem to be a nice well-behaved family Birling cuts him off with, We think we are - This is hinting further on in the play, what Birling says will actually happen. The Inspector arrives at the Birling house only one page after this conversation. Dramatic irony occurs when Gerald says, You seem to be a nice well-behaved family. The key world is seem playing on the fact that they really arent. When Birling replies, it is again dramatic irony. He says think as if theres a possibility theyre not. They are foreshadowing the later events in the play, which is another reason there is dramatic tension. Also, Priestley is building up suspense and tension for the final chapter. These moments of dramatic tension foreshadow tension later in the play. The tension that was brought up between Gerald and Sheila foreshadow further problems with their relationship. Also when Birling and Gerald are saying they are a nice family, it foreshadows the tension that will appear when the inspector arrives. After the women have left the room, Birling gives advice to the two younger men in the room. He speaks of when he was Erics age. Yes, you dont know what some of these boys get up to nowadays. More money to spend and time to spare than I had when I was Erics age. They worked us hard in those days and kept us short of cash. Thought even then we broke out and had a bit of fun sometimes. He says of the fun he got up to when he was Erics age. He also justifies extra-marital sex, but not directly. He is passing on his sexism to the younger two men. When he speaks of the fun he got up to at Erics age, it foreshadows that Eric has been getting up to fun as well. The main three points of tension are; the tension between men and women, the tension between generations, and the tension between class and social status. This is all shown well before the inspector arrives. This is so we can see that these three points are important and that they would be there regardless of Eva Smiths death. The themes and issues brought up in this play were to help Britain and other countries become a more caring society. The themes and issues brought up were sexism, class and generation. In the book, women have a lower status than men- although Sheila represents change in this topic. Eva Smith represented all of these. She was female, poor and young. In class it shows everyone looks down on someone else. For example, the Crofts look down on the Birlings, who look down on Eva Smith. The Inspector came to their house to try and change it but only succeeded in changing Eric and Sheila. Through generation it shows the younger members of society are more easily influenced. At the time the book was written, society could be described as a triangle with the upper class as the top, with the least people, the middle class in the middle with more people and the working class in the bottom, which was the majority of people. During the war, it was mainly the working class who went and it was decided afterwards that they deserved free health and social welfare. After that Britain became a more caring and sensitive society. In a way, it was Britain giving something back to the working class for fighting for Britain.

Enron Corporation

Enron Corporation Introduction Enron Corporation was an American company that used to manufacture diverse products and provide services. It was based in Houston, Texas. According to Fusaro Miller (2002), the story of this company is considered to be the most spectacular and scandalous business failure in history.Advertising We will write a custom essay sample on Enron Corporation specifically for you for only $16.05 $11/page Learn More Before it became bankrupt in 2001, the company had employed about 22,000 people. Enron was among the leading company in products such as gas, paper, pulp, electricity and many more. Its revenue hit the $ 101 billion mark by the year 2000 but unfortunately met its death a year later (Deakin and Konzelmann, 2003). The downfall came as a surprise to many, since it had been named as the most innovative company a while ago. It was realized later that financial situation and success had been sustained by mere acts of corruption in form of accounting fraud. This got the name the Enron scandal. Since then, the company has served as an example of a company run through corruption and fraud (Salter, 2008). This paper will use Enron as a case study while addressing how it upset the tenets of agency theory and looked at the presumed priority of shareholders interests above those of other stakeholders. Agency theory The classic definition of agency theory proposes that a company can be regarded as a network of contracts between the holders of resources. This relationship occurs when one or more people, known as principals, hire other people to do particular tasks and leave the decision-making process to the agents. Some examples of such a relationship are the manager and stakeholder, and the relationship between stockholders and debt holders (Jesen and Meckling, 1994). Agency theory depicts the issues that occur in these relationships and they are referred to as the agency conflicts. These are the conflicting interests of the agents a nd their principals. Such things have a negative effect on the business ethics and on corporate governance (Fischer and Lovell, 2006). This also has a negative impact on the economy since there is an agency cost, which is the cost incurred in order to sustain an efficient agency relationship. Such costs may come in form of the management performance bonuses that are meant to give encouragement to the managers to behave in such a way as to favor the shareholders.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Limitations to agency theory One assumption to the agency theory is that whenever the principal-agent goal is not congruent, then the behavior that instills the self-interest of the agent in utilizing to the maximum results in the maximization of wealth by the principal. Another limitation is that the compensation incentives that are meant to align the agents and the principa ls are likely to spur the agents to maximize their utility and consequently maximize the wealth of the company. Another limitation to agency theory is that there is the lack of empirical support for such a relationship among principals and agents. This leads to the coming up of two different responses. One of them is that the research that would come up in the future should change and perform a better job in terms of measuring the variables at the agencies. The second thing would be to focus more on the process rather than the issues to do with the structure. In other words, they would require the use of longitudinal studies (John, 2007). Enron case The Enron case was that of bankruptcy and this occurred in October 2001. It was additionally attributed as the largest audit failure in American. In 1985, Kenneth Lay formed Enron. This happened after there was a merger between InterNorth and Houston Natural gas. Later on, a certain manager was hired and that was the beginning of Enronâ €™s downfall. This was because he hired a group of employees (executives) who could cleverly use the loopholes in accounting to provide incorrect financial reports. This is whereby the company could hide its huge debts and avoid reporting failed projects. The CEO and other executives made a lie out of the BODs of Enron and at the same time insisted that Andersen should ignore it. The shareholders lost billions of dollars when the stock price came down so bad. The cause of all this was the lack of transparency and accountability when it came to the financial statements (Fox, 2003). Presumed priority of shareholders interests The theory of shareholder primacy asserts that the interests of the shareholders should be put as the first priority. This gives the shareholders the power to directly intercede in the decision making process in the corporations and this includes amending some corporate charters (Smith, 1998). Conclusion Enron was one of the leading companies that supplied a variety of products in America but failed due to some bad managerial practices that included corruption. The corrupt leaders violated the agreement between the shareholders and disregarded the priorities that should govern such relationships. The shareholders ended up in losing billions on investments that has never yield any fruits. Bad leadership is to blame for the death of a great corporation that served the people with goods and services. The shareholders, who formed the larger part of the community, were the ones that suffered most for the mistakes made by others.Advertising We will write a custom essay sample on Enron Corporation specifically for you for only $16.05 $11/page Learn More References Deakin, S Konzelmann, S 2003, ‘After Enron: An age of enlightenment?’, Organization, vol. 10, no. 3, pp. 583-587. Fischer, C Lovell, A 2006, Business ethics and values, London, FT. Fox, L 2003. Enron: The rise and fall, John Wiley Sons, New Y ork. Fusaro, PC Miller, RM 2002, What went wrong at Enron: everyones guide to the largest bankruptcy in U.S. history. John Wiley and Sons, New York. Jesen, E Meckling, W 1994, The nature of man, Harvard University Press, Harvard. John, F 2007, ‘Professor Bebchuk’s brave new world: A reply to the myth of the shareholder Franchise’, Virginia Law Review, Vol. 93, no. 1, pp. 773-787. Salter, M 2008, Innovation corrupted: The origins and legacy of Enron’s collapse, Harvard University Press, Harvard.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Smith, D 1998, ‘The shareholder primacy norm’, Journal of Corporation Law, vol. 23, no. 1, p. 296.