Personal Exploration of Knowledge Paper-epistemological analysis Assignment

Personal Exploration of Knowledge Paper-epistemological analysis - Assignment Example This paper discusses various types of knowledge such as knowledge how, for instance how to drive; knowledge that, which is also known as propositional knowledge, such as knowing that P is P and knowledge by acquaintance, which is knowing a person or a place. Epistemology is mainly concerned with propositional knowledge. When trying to analyze knowledge, epistemologists often distinguish between a priori and a posteriori forms of knowledge. A priori form of knowledge that is independently known that is it does not come from ones experience or senses. This type of knowledge is acquired from sources outside experience such as reason and is usually arrived at beforehand. On the other hand, a posteriori knowledge refers to the type of knowledge that is acquired from experience. It is also known as empirical knowledge and is not known before hand from ones previous experiences. Most of the scientific knowledge is empirical in nature as it is based on previous experiences. Here are various sources of knowledge identified by philosophers. According to Feldman, a renowned philosopher, there are five major types of knowledge, which include perception, memory, expert testimony, introspection, and reasoning. (Feldman, 2003). Perception refers to the type of knowledge derived from one’s senses. It is based on ones sensual perceptions and on the view that the primary source of knowledge is one’s experience. Perception is also referred to as empiricism. Reason is the other source of knowledge. His type of knowledge is acquired a priori, that is outside the realm of senses. This source of knowledge is based on pure reason where truths are deduced based on existing knowledge, for instance mathematical truths. The opinion that reason is the primary source of knowledge is often referred to as rationalism. Introspection has also been widely acknowledged as a major source of knowledge among philosophers. This type of knowledge is acquired through personal internal sel f evaluation (Feldman, 2003). Through introspection, one can know that they are tired of hungry for instance. Some philosophers recognize the similarities between introspection and perception but have widely accepted it as an independent source of knowledge. The other source of knowledge is memory. This refers to knowledge acquired from information stored in one’s brain based on knowledge previously learnt either from current information of past events. Testimony on the other hand is a source of knowledge acquired through communication we get from others (Cooper, 1999). Some philosophers have raised concern about testimony as a source of credible knowledge and have proposed that knowledge derived this way must be verifiable in order for it to be trusted and believed as knowledge. All these sources of knowledge have gained support throughout epistemology and philosophy in general. However some

Multinational Financial Management Speech or Presentation

Multinational Financial Management - Speech or Presentation Example The mezzanine loan will be enacted in order to achieve our expansion goals, in the amounts and for the reasons prescribed below. The asset-backed commercial paper will also be utilized in this plotted expansion effort, as prescribed below as well. With that, we need to discuss our corporate instruments of financial expansion and the elements that those financial instruments will incorporate.  Within the approaches chosen for fiscal expansion, we need to develop a one, three and five-year financial approach, with a ten-year revamping contingency, if still in operation strongly, toward our goal in expanding in order to become a multi-billion dollar, multinational organization. Right now, we are going to focus on the three to a five-year tier of our planned goals.  As the appointed treasurer of World Access Healthcare, Inc., the timing of this report and expansion is critical. Thus, let's begin to outline, chart and discuss potential financial avenues, in detail, as well as the outl ine or highlight their benefits in regard to expansion.  First, let's get familiar with the terminology at hand. An asset-backed commercial paper has a similar premise as a promissory note-a note in which a person (or business entity) gets promised payment by a company or corporate body in lieu of actual cash or currency payment during a rocky receivable period or a cash-poor time. However, an asset-backed commercial paper is strengthened more than that of a promissory note because it actually contains some actual capital or segues to that capital in some manner, such as through a receivables guarantee, or a cash asset assessment. In a receivables-backed, asset-backed commercial paper, your business basically states that it has in its the function, a proven receivable track record of meeting the note of asset-backed commercial paper, through receivables. This does two things. One, it allows the commercial note or paper to be stronger than just a financial paper contract. Also, it allows two key components of a contract to form which are an offer, backed by a consideration (a form of money). Two, it allows a company or financial institution to have more than a companies corporate reputation and past record of its receivables as a base in which they operate, further securing the asset-backed commercial paper (ABCP). Basically, this note, as described in detail and (Fritz, et al, Sept. 29, 2005, Reprinted from Ratings Direct) is credit extended with an asset back up feature in the form of a note. As aptly stated (Fritz, et al 2005), "ABCP conduits are typically established and administered by major commercial banks to provide flexible and competitive low-cost financing to their customers. " Utilizing the features of an asset-backed commercial paper, the venue that is needed for this transaction is a single seller conduit, which is,  "A single-seller ABCP conduit is a limited-purpose, bankruptcy-remote entity that issues CP as a way to finance the assets of a single originator. Such conduits are most suitable for asset originators with large pools."