REPORT ON LUTHERANS RELIGIOUS FIELD RESEARCH Essay

REPORT ON LUTHERANS RELIGIOUS FIELD RESEARCH - Essay Example There are many misunderstandings concerning religion in general. The beliefs and practices of Islam have been misconnected and people have posed various misunderstandings on what they believe in about Islam (Waines, 1995). There is much flawed information that floats around concerning the faith of Islam: I personally had a misconception that Muslims worship a black stone or moon god; that Islam looks down upon women; that Muslims are terrorists among other misconceptions. However, the paper seeks to analyze how my prior misconceptions have changed following the truth and alterations of the conceptions through encounter. The paper hence aims to bust the misunderstood myths and expose the truth about Islam. The first misconception is that Muslims worship a moon god; some of the non Muslims have mistakenly believed that Allah is a moon god or some idol. After a wide consultation and encounter, this has been altered. Allah is the name of One True God, in the language of Arabic. The Musli ms have a fundamental belief that there is only one God, the Sustainer, the Creator; known in Arabic as Allah. This hence means that Muslims do not worship a moon god, but God the Almighty. Another misconception is that Muslims do not believe in Jesus; the life and teachings of Christ Jesus is documented in the stories of Qur’an. ... out Islam is that majority of Muslims are Arabs; although Islam has been mainly associated with Arabs, they only make up 15% of the population of Muslims in the whole world. The country with the most number of Muslim populations is Indonesia. The large numbers of Muslims are found in Asia followed by Africa, then Europe (Hodgson, 1974). Before my encounter with the truth about Islam, I also had the misconception that Islam oppress women, however, most of the mistreatment that is received by women in the world of Muslim is based on traditions and culture, without any foundations in the faith of Islam. Practically, forces such as spousal abuse, forced marriage, and restricted movement contradict directly the laws of Islam that govern personal freedom and family behavior. The misconception that women have no rights in Muslim world is untrue. The images of women who wear a veil covering them, and that women are not allowed to drive, are common in Islam. This is not Muslim law even though many Muslim countries implement such harsh treatments against women. Many of such countries demonstrate differences in culture that are against Islam teachings. It should hence be noted that in the pre-Islam period, Arabia women were only used for fornication with no independence. In fact the birth of female beings was considered humiliating. The practice of infanticide of female was uncontrolled. It is a fact also that a Muslim woman is permitted to accept and reject any suitor as well as seek divorce. Hence, there is nothing in the Islam law that forbids women from driving and house. It is also considered a sin if a woman refuses to seek knowledge (Hitti, 1970). I also had a misconception that Muslims are extremists and violent terrorists. Terrorism is, at all, not justifies under any

Role of Risk in Financial Decision Making Dissertation

Role of Risk in Financial Decision Making - Dissertation Example Risk is going to be the core factor of analysis in this study which will provide an idea of how risk assessment is important for an overall financial decision making process and its impact in the Small and Medium businesses. The literature will cover the post empirical studies to get to the subject adequately and effectively. This will provide the understanding of the subject in regards of risk management, risk analysis and its role in financial and business decision making process (Smit & Watkins, 2012). The process of risk management can be defined as follows. â€Å"Risk management is concerned with the outcome of future events whose exact outcome is unknown and with how to deal with these uncertainties†¦ In general, outcomes are categorized as favorable or unfavorable, and risk management is the art and science of planning, assessing (Identifying and analyzing), handling, and monitoring future events to ensure favorable outcomes† (Conrow, 2003, p. 2). In recent times S MEs (Small and Medium Enterprises) pay much attention to the risk management subject. Such organizations always emphasize on major risks involved in their businesses, this is to reduce overall risk of liability, risk of investment or risk of assets which are involved with their respective small partnered business ownerships. All of these are constraints of finance, if one views them in an investment or capital perspective. All of the above reasons validate that risk assessment is necessary for companies especially which are present with small scale and are on the initial settings to expand their business (Smit & Watkins, 2012). Organizations like retailer stores, utility shops, restaurants or hotels which are a central part of any developing economy apply risk components to analyze risk factors. This is to manage financial methods and business decision making process. In recent times this had been found in hotel management section which is one form of small enterprise business (SME) assess their risks to manage key financial elements like credentials, account receivables, account payables and financial assets like covenants or insurance (Luper, 2012). In SMEs especially present in a competitive market arrangement, the magnitude of financial management is bigger and so as its margin of retrieving risk at the time of business decision making. This is why such organizations utilize key risk applications to derive their financial objectives and make them achieve at right time of a business operation. An idea floats among all the business professionals mindset that better risk assessment leads to better financial management, which is true because risk evolves challenges and a good strategist include those challenges in assessment, before they become problems at a later point of time. Uncertainty takes the origin especially when risk is not overcome at the right time of an SME business and when it is assessed to a level which is adequate to meet financial goals or b usiness objectives of the Enterprise (Luper, 2012). In today’s modern business system, risk assessment has found its place in financial business organizations like Variable Annuity Industries (Melnick & Everitt, 2008). Based on long term planning, VA providers consider risk as a significant factor for designing and improvising annuities. To manage risk on the financial decisions, VA SMEs deploy risk management strategies to