In the majority of cases plastic surgery not only improves the Essay

In the majority of cases plastic surgery not only improves the external appearance of the person, but it also makes the individual more confident and happier - Essay Example Hence, beauty is regarded by today’s generation as necessary and not a choice. However, not everyone is fortunate to be born with natural external beauty. Nevertheless, the tremendous advancement in the area of medical science has a solution to this problem. Presently, if one has an adequate amount of financial resources one can improve their physical appearance. The method of cosmetic surgery can provide one with an improved external appearance and possibly a better life. Cosmetic surgery is a surgical specialty of medical science that deals with a variety of corrective treatments (Gail, 2000). The objective is to enhance ones outward physical appearance by changing particular features. In the 1990s, people could not even think beyond particular kinds of hair transplant or methods of face-lift or lips enhancement. Presently, one can choose from different beautifying procedures that can improve almost all parts of one’s body, beginning from the head to the feet. With the fast paced advancement in this area of medical science it is not beyond the bounds of possibility to acquire the alluring lips of Beyonce, as it is also not impossible to get the buttocks of Jennifer Lopez. With the assistance of certain surgical methods such as Rhinoplasty or nose surgery, Blepharoplasty or eyelid surgery one can become the owner of an enhanced external appearance. Non-facial cosmetic procedures have likewise become important in defining beauty. Liposuction and breast implants are some of the well known cosmetic procedure that promises one to give an improved outward appearance. Other modern procedures likewise include different kinds of facial implants and chemical face peels that help one maintain a youthful appearance or correct hereditary imperfections. The bottom line is that self confidence is huge factor of success and a beautiful appearance adds to one’s confidence. That is why there is little reason why one should not grab the

Financial Management Essay Example | Topics and Well Written Essays - 2000 words - 5

Financial Management - Essay Example This paper will explore the different ways by which business entities can deal with the exchange rate variations to protect the value of their assets and profits against unpredictable risks. In recent years derivatives have been developed in order to provide some sort of insurance in the face of uncertainty caused by the changes in the foreign exchange rates. Derivative, or hybrid, investments, unlike stocks and bonds, do not represent ownership of shares, such as stocks, or a promise of loan repayment, such as bonds, and are once or twice removed from a real product. For example, a crude oil futures contract is a bet on which way crude oil prices will move, but what happens to the product itself is of no interest to the investor When an individual converts one currency into another in an actual exchange, the risk inherent in this activity is called a transaction exposure. Multinationals often face translation exposure, or the risk that arises from the need to re-state one currency in terms of another currency for accounting purposes. The risk arises because exchange risk volatility can impact the value of net assets and profits at the time of their translation. (See Kolb 1997). Financial derivatives are based on an underlying instrument such interest as debt instruments or foreign currencies. Most predominant among these derivatives are forward contracts, but futures contracts, option contracts, and swap contracts are also used by businesses as means of hedging. Hedging is distinguished from speculation in that the hedger wants to shift risk to others while the speculator hopes to make profits for the risk he is taking. A futures contract is an agreement that one party will accept delivery of a particular asset – either real or financial – on some date in the future at a price determined today. If one is intending to buy an asset in the future, one could buy a futures contract (a long position) today to fix the