Battle of Hastings essays

Skirmish of Hastings papers For what reason did the Normans win the skirmish of Hastings? The clash of Hastings occurred on October fourteenth 1066. It was between Harold Godwin and William the Duke of Normandy. William won for various reasons yet here are only two of them. William had more men just as having more opportunity to get ready. Ruler Harold didn't have the opportunity to plan appropriately for the fight since he needed to battle Harold Hadraada and his sibling Tostig at Stamford Bridge. After the clash of Stamford Bridge, Harold Godwin heard some terrible news. This was William had attacked. Harold needed to walk his men south rapidly. A significant number of his men were depleted so he needed to leave so he needed to desert them. Some of Harolds best troopers the housecarls had been harmed or even murdered in the fight so Harold had a frail armed force, which was chiefly comprised of ranchers. Then again, William possessed more energy for arrangements. He possessed to sit tight a long energy for Harold Godwin to show up in the south, during this time William could get ready and make up strategies for the fight. Following two entire long stretches of holding up Harold Godwin in the end arrived at the south. When William saw him the fight initiated. During the fight, the English contended energetically and well yet tragically not everything was picked up. William had more mounted force who wore junk mail defensive layer and battled with lances and bow and bolts. This was a favorable position to William on the grounds that Harold had a couple of house trucks and the rest were all ranchers who he got while in transit to the clash of Hastings, additionally Harolds men needed to take on with lances and conflict tomahawks. The Normans in the long run won by utilizing an old stunt of claiming to withdraw. This old stunt was claiming to Harold that they were surrendering in light of the fact that they had been beating. The Anglo-Saxons were excited so when the Normans began to leave Harolds men ran down Senlac Hill and began pursuing them away however lamentably William and his men... <!

Longfellows The Rainy Day

Longfellow's 'The Rainy Day' Youngsters across New England know about crafted by Henry Wadsworth Longfellow, whose Paul Reveres Ride has been recounted at numerous an evaluation school exhibition. Longfellow, conceived in Maine in 1807, turned into an epic writer of sorts for American history, expounding on the American Revolution in the path minstrels of old expounded on triumphs across Europe. The Life of Longfellow Longfellow the second-most established in a group of eight youngsters, was an educator at Bowdoin College in Maine, and later at Harvard University. Longfellows first spouse Mary passed on in 1831 after an unnatural birth cycle, while they were going in Europe. The couple had been hitched for just four years. He didn't compose for quite a long while following her demise, however she propelled his sonnet Footsteps of Angels. In 1843, following quite a while of attempting to prevail upon her for almost 10 years, Longfellow wedded his second spouse Frances. The two had six kids together. During their romance, Longfellow frequently strolled from his home in Cambridge, crossing the Charles River, to Frances family home in Boston. The scaffold he crossed during those strolls is presently authoritatively known as the Longfellow Bridge. In any case, his subsequent marriage finished in disaster also; in 1861 Frances passed on of consumes she endured after her dress burst into flames. Longfellow was himself consumed attempting to spare herâ and developed his renowned facial hair to cover the scars abandoned all over. He passed on in 1882, a month after individuals around the nation praised his 75th birthday celebration. Group of Work Longfellows most popular works incorporate epic sonnets, for example, The Song of Hiawatha, and Evangeline, and verse assortments, for example, Tales of a Wayside Inn. He additionally composed notable anthem style sonnets, for example, The Wreck of the Hesperus, and Endymion. He was the principal American author to interpret Dantes Divine Comedy. Longfellows admirers included President Abraham Lincoln, and individual journalists Charles Dickens and Walt Whitman. Examination of The Rainy Day This 1842 sonnet has the well known line Into every life some downpour must fall, implying that everybody will encounter trouble and sorrow sooner or later. The day is a representation forever. Composed after the passing of his first spouse and before he wedded his subsequent wife, The Rainy Day has been deciphered as a profoundly close to home investigate Longfellows mind and perspective. Here is the finished content of Henry Wadsworth Longfellows The Rainy Day. The day is cold, and dull, and dreary;It downpours, and the breeze is never weary;The vine despite everything sticks to the disintegrating wall,But at each blast the dead leaves fall,And the day is dim and dreary.My life is cold, and dim, and dreary;It downpours, and the breeze is never weary;My contemplations despite everything stick to the decaying Past,But the expectations of youth fall thick in the blastAnd the days are dim dreary.Be still, miserable heart! what's more, stop repining;Behind the mists is the sun still shining;Thy destiny is the regular destiny of all,Into every life some downpour must fall,Some days must be dull and troubling.

Bureaucracyr Organizational Free Essays

As per Max Weber, ‘Bureaucracy’ implies a midway coordinated, deliberately sorted out and progressively organized staff committed to the normal, daily schedule and productive doing of enormous scope managerial errands as indicated by arrangements directed by, rulers or executives remaining outside or more the administration. Such a staff, as Weber appropriately observed, will in general become rule-bound, practically particular, lifting indifference and esprit de corps. In any case, ‘bureaucracy’ has additionally implied something contrary to hierarchical effectiveness and powerful brought together control: formality, gradualness of method, hesitance to take a choice, the superfluous duplication of individuals, rules and structures †an undertone accomplished by singling out for consideration ominous optional highlights or inclinations of bureaucratic structures. We will compose a custom paper test on Bureaucracyr Organizational or on the other hand any comparative subject just for you Request Now The term ‘bureaucracy’ has been remembered for, yet additionally appeared differently in relation to, the more broad idea of organization. Now and again this is finished by considering organization to be a formal and indifferent method of organization, here and there by considering administration to be that type of organization where managers (the civil servants, the authorities) have become the genuine rulers, arrogating to themselves benefit, force and control. An Organizational structure characterizes how employment assignments are officially separated, gathered and facilitated. The primary components to consider while planning an authoritative structure are Work Specialization, departmentalization, levels of leadership, length of control, centralization and decentralization and formalization. The most widely recognized Organizational structures found being used are ? Straightforward or Flat structure ? The Bureaucracy ? The Matrix structure ? The Team Structure ? The Virtual Organization ? The Boundaryless Organization The paper talks about the significant points of interest of all the above plans and all are contrasted and administration and the genuine commitment of administration is shown up toward the finish of conversation. At that point the job of administration in improving the productivity of the association is explained. The effect of a low level administration is then talked about and its job in effectiveness is examined. At that point the effects of elevated level organization are talked about. At long last, the paper finishes up by expressing that a moderate degree of administration is useful for expanding the proficiency of the association. Focal points and Disadvantages of different Organizational plans The straightforward structure is described by a low level of departmentalization, wide ranges of control, authority brought together in a solitary individual, and little formalization. The quality of the basic structure lies in its effortlessness. It’s quick, adaptable and cheap to keep up and responsibility is clear. One significant shortcoming is that it is hard to keep up in something besides a little association. The dynamic turns out to be delayed as the association develops in size on account of its low formalization and high centralization. An administration is portrayed by exceptionally routine working assignments accomplished through specialization, much formalized guidelines and guidelines, errands that are assembled into practical offices, concentrated position, restricted ranges of control, and dynamic that follows the hierarchy of leadership. The essential quality of administration lies in its capacity to perform normalized exercises in a profoundly effective way. One of the significant shortcoming of this structure is that it causes departmental clashes and profoundly firm continually adhering to the standards. There is no space for adjustment The Matrix structure is portrayed by double lines of power and consolidates item and useful departmentalization. IBM receives an adjusted form of the network structure in its general tasks. The quality of this structure lies in its capacity to encourage coordination and effective assignment of pros. The significant weakness lies in the disarray it makes, its thriving to cultivate power battles, and the pressure it puts on people. The Team structure utilizes groups as the focal gadget to organize work exercises. Organizations like DaimlerChrysler, Saturn, Motorola and Xerox have utilized self-guided groups to improve efficiency at the operational level. In littler organizations, the group structure can characterize the whole association. For example, Imedia, a 30 man promoting firm in New Jersey is totally sorted out around groups. This structure is exceptionally inadmissible for huge organizations. A Virtual association is a little center association that out sources significant business capacities. Ancle Hsu and David Ji run a virtual association. Their firm, California based Apex Digital, is one of the world’s biggest makers of DVD Players, yet the organization neither claims a plant nor utilizes an architect. They contract everything out to firms in China. This is appropriate for little and enormous associations. The significant preferred position is the adaptability and the detriment is absence of administrative control in key parts of business. The Boundaryless association is an association that tries to take out the levels of leadership, have boundless ranges of control, and supplant offices with engaged groups. The conversation of different hierarchical plans demonstrates the adaptability and versatile nature of different structures contrasted with Bureaucracy. This likewise uncovers much of the time, Bureaucracy is acceptable when the shortcomings of the plans are contemplated. Job of Bureaucracy in improving the productivity of the association The Primary quality of administration lies in assembling like fortes in practical offices brings about financial matters of scale, least duplication of faculty and types of gear, and representatives who have the chance to talk â€Å" the equivalent language† among their companions. Further more, administration can get by pleasantly with less skilled †and consequently, less expensive center and lower level administrators. The inescapability of rules and guidelines substitutes for administrative prudence. Normalized activity, combined with high formalization, permit dynamic to be incorporated. There is little need along these lines, for imaginative and experienced leaders underneath the degree of senior officials. This radically reduces expenses for the endeavor and improves the proficiency level definitely by acquiring significant levels of economies of scale and spending less on representatives. The administration is effective just as long as workers stand up to issues that they have recently experienced and for which modified choice standards have just been built up. Effect of a low degree of organization A low degree of administration brings about enormous absence of control. Representatives are at their will and dynamic turns into an awkward undertaking. There will be a great deal of remarkable requests and the work routine will be path underneath the normal level. This extensively diminishes the effectiveness of the association. In uncommon cases, representatives assume up liability and accomplish targets. Effect of a significant level of administration An elevated level of organization is exceptionally adverse to the development of the association. This makes the representatives to create work weakness and they feel to be persistently observed. Elevated level of administration is portrayed by giving requests and a rationale to follow. There will be a great deal of undesirable works and valuable time will be spent in duplication of a similar work in different degrees of the association. This controls development and inventiveness prompting routine occupations and in the long run prompts worker fatigue. There will be no kind of a representative contribution in this circumstance. Representatives work for extended periods of time yet the yield will be path beneath the norms and there will be no inspiration systems to help the workers. This at last outcomes in worker turnover. In this way, a significant level of organization is to be stayed away from as it might stir the representatives against the administration of the organization. Shortcoming of Bureaucracy One of the significant shortcomings of an organization is represented in the accompanying exchange between four officials in a single organization: â€Å"Ya Know, nothing occurs in this spot until we produce something, â€Å"said the creation official. Wrong remarked the innovative work supervisor, â€Å"Nothing occurs until we structure something†. â€Å"What would you say you are discussing? † asked the promoting official. â€Å"Nothing occurs here until we sell something†. At long last, the exasperated bookkeeping administrator reacted, â€Å"It doesn't make a difference what you produce, structure, or sell. Presently one recognizes what happens we count up the outcomes! † This discussion focuses at the way that specialization makes subunit clashes. Practical unit objectives can supersede the general objectives of association. The other significant shortcoming of an administration is something managing the individuals who work in these associations: over the top worry with adhering to the standards. At the point when cases emerge that don't exactly fit the guidelines, there is no space for alteration. End Administration is proficient to the association just when a moderate level exists. Both a low degree of organization and an elevated level of administration will bring about the wasteful activity of the venture without completely using the assets of the organization. A moderate degree of administration will guarantee that control systems are set up and that representatives are accomplishing their objectives. This additionally permits the limitation of forcing rules and strategies to the representatives and causing fatigue. At the point when an immersion point is reached, administration contributes extraordinarily to improving the productivity of the association to an incredible level. Reference: †¢ Stephen P. Robbins, Organizational Behavior, Tenth Edition, Prentice Hall of India. Pg. 425-446, Pg. 523-535. †¢ Garry Dessler, Human Resource Management, Eastern Economy release. Pg 465-479. †¢ Randy L. Desimone,

Six Sigma Term Paper Example | Topics and Well Written Essays - 2500 words

Six Sigma - Term Paper Example In this regard, a maker produces items that are of a similar quality guidelines and which don't have absconds that could loan specialist them unusable and wasteful in execution of the planned administrations. Definitively, Six Sigma empowers makers to deliver items that are inside a degree of value that isn't very not the same as one another inasmuch as they have a comparable brand name. Presentation In the underlying execution of Six Sigma, the viewpoints that makers considered were centered around the imperfections and items without abandons. These producers set some stage for estimating the gauges as indicated by sketched out parameters. With Six Sigma, numerous makers had the option to build up parameters to direct their creation of items in the market so the items had the option to contrast with the prior delivered having comparable brand name. Notwithstanding, with time, a few parameters that were identified with time were created to gauge quality during the time spent creation in order to demonstrate the significance of productivity. ... This implies productivity underway is a perspective that is fundamental to quantify the nature of creation that could be knowledgeable about any assembling organization since it assumes a basic job (Eckes, 2003, p53). Because of the various advantages related with this administration approach, its acknowledgment by different fields/associations s been certain. This has been because of the way that it successfully tended to issues experienced in the utilization of customary administration draws near. Different parts of the Six Sigma included consumer loyalty, decrease in cost, increment in benefit and lessening the contamination impacts coming about because of the utilization of an item. As indicated by these qualities, individuals guarantee that they improve the nature of creation by guaranteeing that they are no issues/properties that cause absconds while keeping up most minimal degrees of changeability in assembling and business forms. This guarantees all individuals utilizing the technique can direct the different things during the time spent creation with the goal that they can guarantee that they can continue high caliber or raise it, which would be advantageous to the organization as far as the business level. The procedure utilizes a few parts of value the executives to guarantee that all the individuals can examine the procedure of creation with the goal that it is adequate underway. In this perspective, different things are placed into thought over the span of creation to guarantee that creation has fulfilled some quality guidelines and are inside certain measures of creation. Then again, as indicated by the principles utilized in Six Sigma technique, the makers are arranged according to their degree of skill on the creation procedure (Schonberger, 2008, p.15). Parts of Six Sigma In the

Authenticity Berlin Essay Example

Credibility Berlin Essay Example Credibility Berlin Essay Credibility Berlin Essay This report has been composed as consequences of research previously and during the fieldtrip in Berlin. It will concentrate on the topic of this case, in particular genuineness, commodification and their relationship with the travel industry. The point of this report is to discover a response to the difficult proclamation: In what sense can the travel industry result of Berlin be considered as valid? Accordingly five research questions were given and will be managed in this report. The principal inquire about inquiry is What are the meanings of realness and commodification, and what is their connection to the travel industry? The subsequent research question What is viewed as the travel industry result of Brussels? will give a short outline of the fundamental traveler hotspots in Berlin. In addition the inquiry In what way is realness utilized in ads and advertising? what's more, What are instances of co adjusted culture in Berlin? will be replied. The last research questions Do visitors experience the real Berlin will concentrate on the consequences of meetings which have been led during the fieldtrip in Berlin. At last, the response to the difficult will be given in the in the decision just as a short synopsis of the central matters regarding the examination questions. Legitimacy and commodification in relationship with the travel industry Inside the travel industry the term realness is frequently clarified by the genuine and conventional. Be that as it may, there are such huge numbers of meanings of the term validness. Like the word reference expressed realness is known to be genuine and authentic (Soanes, Hawker and Elliot, 2006). Numerous others showed that the significance of the term is close to home, so every individual has its own feeling about it. This implies the travel industry items can be true for one individual, however is inauthentic for another person. Research has been finished up to stamp the distinction among credible and inauthentic. Dann expressed that legitimate can be identified with something before, herby one can think about a period, culture and conventions. Legitimacy assumes a significant job in the travel industry concentrates as per Hughes. (Dann, 2002). Gilmore Pine II (2007) recommended that legitimacy comes contrasted and the board apparatuses too so as to support organizations, and obviously likewise organizations inside the travel industry, for instance render credibility by actualizing explicit procedures (Gilmore Pine II, 2007). Also, there is organized legitimacy, which implies that the parts of a specific culture which are known by the visitor are still performed by the nearby network. Be that as it may, in actuality it is just a show for the travelers and in the every day life of local people it isn't utilized any longer. For example Venice you see wherever gondolas, however just loaded up with visitor. Validness comprises out of 3 unique sorts, to be specific goal, productive and existential legitimacy. As indicated by Dann target genuineness implies when a visited object is true the experience is bona fide too; a notable occasion is credible when it is sorted out in its unique setting and timeframe. Useful realness relies upon the way that the vacationers must consider the to be as bona fide, which incorporates that the credibility relies upon the individual who presents the item rather than the article itself. The last kind of legitimacy is close to home, where the communication between vacationers assumes a significant job. There are two qualifications the de re-experience, which is brought about by one experience like visiting the Louver and encountering the genuine Mona Lisa, while de other sort has to do with the character of an encounter, than the Mona Lisa in Las Vegas can be bona fide also (Dann, 2002). The change of merchandise and enterprises (or things that may not regularly viewed as products or administrations) into an item. (Kadijk, 2009). This is a meaning of the term commodification Kadijk additionally include that commodification isn't just about acceptable and administrations, yet it has likewise to do with customs, functions, people expressions and so forth. Commodification can be characterized into three kinds of qualities; which are use esteem dependent on the helpfulness of an item; the worth and unique reason for the network. Furthermore, the trade esteem which is identified with the measure of visitor who might want to pay for it. Besides, there is the sign worth which incorporates the individual impression of the visitor (Kadijk, 2009). Commodification can be identified with the term validness and is frequently observed as negative. Since it causes downgrading encountering the genuine culture it incorporated the loss of characteristic estimation of a culture. By the by, is has likewise preferences for nearby networks, the enthusiasm of visitor in the way of life will develop and the presence of customary specialties is influenced by this marvel. The travel industry brings about commodification of social perspectives; which are created and performed uniquely for the visitors. (Halewood, 2001). To finish up the two terms can be identified with the travel industry. Legitimacy portrays the conventional culture, as organized realness demonstrates the old customs to the sightseers. Commodification implies the change of good, benefits just as ceremonies and so on inside a product. It has regularly disservices, similar to the downgrading of the genuine culture. The travel industry result of Berlin In the wake of visiting Berlin and its attractions, it very well may be reasoned that there is incredible assortment of problem areas in the city. In any case, this paper centers around five of them, and each will be clarified. These problem areas are as per the following: Reichstag, Brandenburg Tor, Checkpoint Charlie, Alexanderplatz and the Olympia arena. In any case, one of the most well known problem areas in Berlin is Reichstag. It was work somewhere in the range of 1884 and 1894, and it was the main German Parliament. Later on, in 1933 the structure was nearly decimated in a fire and it was revamped in the late sixties. From the late sixties the structure is utilized for various purposes and by various associations. Since 1999 the structure is again the seat of the German Parliament. The outside of the engineering of Reichstag varies from the inside. The outside engineering is Renaissance, while the inside has present day plan. An intriguing piece of the structure is the glass and take arch. The following problem area is the Brandenburg Tor which was image of the division of Berlin. It was worked in 1791 via Carl Gotthard Langhans. The Brandenburg Gate used to be the fundamental access to the city, yet today it is just the entryway that is still there. The door is arranged in the focal point of Berlin, and it is near numerous attractions of the city. The design of the entryway is style and it is affected by the Acropolis in Athens. The door comprises of six segments, which structures five doorways, and it was utilized distinctly by renowned individuals. Different doors, on the two sides of the principle five doorways were utilized by the normal individuals. The following surprising fascination of Berlin is Checkpoint Charlie, arranged at the notable Mitte region, which is image of the partition of the Berlin. Additionally, it was where individuals crossed the limit between the West and East piece of the city. Checkpoint Charlie is the main spot in Berlin which is as yet genuine. The proof for the credibility of the spot despite everything exists and it is the sign You are leaving the American part. The sign is written in four dialects, in particular German, English, Russian and French. The Checkpoint Charlie is anything but difficult to get to, and numerous different attractions can be visited in the encompassing. The accompanying problem area of Berlin is the Alexanderplatz. It is arranged at the authentic focus of Berlin. The site was named on the Russian lord Alexander I, who visited Berlin in 1805. In any case, numerous structures at the square were demolished in the Second World War Later on, in the nineteenth century it became current mall. In the environmental factors of the Alexanderplatz is the TV tower, which is perhaps the tallest structure in Europe. The last problem area, which will be portrayed in this paper, is the Olympia arena. It is arranged a long way from the middle, however it is as yet favored goal for the travelers and particularly for the soccer fans. The Olympia arena is place for sport exercises and occasions and it has 74,500 seats. The arena was opened in 1936 and remade in 1974. The Olympia arena was have for the Summer Olympics in 1936 and FIFA World Cup in 2006, where the groups of France and Italy played the finals. The arena offers guided visits in which the guests have the chance to see the VIP lounges and the changing rooms of the soccer players. Credibility in commercials and advertising These days, promoting to pull in more sightseers is less centered around the item data, yet progressively about the encounters of visitor and for the most part the credible encounters. This can be found in the leaflets which depict Berlin. To advance a specific visitor goals, consistently the hotspots are utilized in commercials and advertising. To advance Berlin as a worldwide the travel industry goal the Branderburger entryway is predominantly utilized in commercials. It would already be able to be found in the logo of the Berlin Tourismus Marketing Organization which is answerable for the overall advancement of Berlin as a universal vacationer goal. Or on the other hand the Berlin divider is a genuine model, on the grounds that practically all the visitor know something about the history and which job the Berlin played in the Second World War To feature the twentieth commemoration of the fall of the Berlin Wall, a TV spot is made to advance Berlin worldwide on CNN in this game Berlin is advanced as an unprecedented city. Berlin has a great deal of chances like they assemble a totally different present day train station, yet additionally have old memorable structures. In a leaflet about the craftsmanship gallery in Berlin brought in German the Gem㠯⠿â ½ldegalerie, which assortment one of the greatest from workmanship between the thirteenth and eighteenth century an image of an advanced structure is appeared on the facade of the handout

Movie review and analysis Example | Topics and Well Written Essays - 1000 words

What's more, investigation - Movie Review Example The film is magnificent outwardly starting from the ensembles, sets, Mississippi area and the props. (Assumed control over not on the grounds that the paternalistic figures of white position saved them. This film basically performs the demise of the three social liberties activists. During the time spent examining the killings, the two FBI operators coax and charms their way into the lips of the Mississippi inhabitants. They explain the this homicide case by means of applying some effect on a specialist in a stunner parlor, McDormand Frances, who needs to vindicate the beatings she got from her significant other, Brad Dourif, who happens to be associated with the Klan. The film embroils that the social development might not have achieved a force without the white members. Practically 50% of the film is taken up with different scenes of fire and smoke. The passing of the three social liberties activists and the examinations make show how the social development is a piece of the entire content. ... Larger part of the discussions in the film is centered around the contradictions in depicting the key occasions in history of the social equality development. The introduction of the white southern ladies and men, the assurance of the FBI specialists to battle for the reason for the social equality, and the portrayal of the way toward catching the individuals who were to blame of the homicide of the social liberties activists by the two FBI operators were the significant focal point of the discussions in the film. In the film, I discovered that the social liberties development was deliberately made to battle the racial segregation in Mississippi of the dark Americans. The development rose because of the steady separation and infringement of the social liberties of the blacks. The battle continued during the year 1964, until June the 21st when three social equality activists were killed by the Ku Klux Klan. The FBI operators were appointed to research the killings and this gave the da rk Americans any expectations of proceeding with the battle against separation. The social equality development first rose in Quite a while and has spread everywhere throughout the United States. As expressed before, racial separation prompted the rise of this social development by the dark Americans. The significant objective for the crusade of the social liberties development was to dispose of the segregation of the blacks and sell the possibility that all individuals should be dealt with similarly and with value in as much as occasions and assets are concerned. The tale of the film encompasses the homicide of the social liberties activists. The two FBI operators sent to Mississippi for examination of the homicide by the Ku Klux Klan implemented the social development. The two specialists conceded to the goal of the examination, however they had steady difference on the strategies and instrument of how to best achieve their

Holy Farm Management

Heavenly Farm Management Official Summary The center business movement of Holy Farm was creation and offer of milk and oats. In any case, the incomes produced from these exercises have since declined. So as to build income, the homestead was opened to the general population. Individuals from general society were permitted to visit the ranch at a charge. The primary fascination at the homestead incorporates the draining parlor where the guests watch the draining procedure. The homestead has a limit of 250 guests for every day.Advertising We will compose a custom article test on Holy Farm Management explicitly for you for just $16.05 $11/page Learn More However, the proprietors of the ranch have not had the option to get the necessary 250 guests for each day. In this manner, their primary concern is to build the quantity of guests to the ranch. This target can be accomplished in the accompanying manners. To begin with, the ranch can be opened for a more extended period. Specifically, it tends to be opened in t he entire months as opposed to shutting it from November to March. The homestead can likewise be opened during Christmas and Easter occasions. Second, the quantity of guests can be expanded by sorting out instructive excursions and uncommon occasions, for example, move and mentor parties. At long last, more income can be created by opening a keepsakes shop and an eatery. These can be opened through redistributing. Overseeing Processes Introduction Holy Farm at first centered around the creation and offer of milk and grains. Following a decrease in benefits from their center business exercises, Holy Farm was opened up to people in general so as to create more income. Therefore, the proprietors of the homestead developed vehicle leaves. They additionally developed a protected review zone where the guests can watch the draining procedure. As of now, the homestead targets schools and the neighborhood network with its new administrations. The homestead has a limit of 250 guests for each day. In any case, the proprietors of Holy Farm are yet to understand the normal profits for their new pursuit (opening the ranch to people in general). When all is said in done, the quantity of individuals visiting the ranch has been fluctuating. The interest for visits to the homestead is high from April to October, and stays low in different months. Therefore, the homestead is regularly shut from November to March. The quantity of guests is likewise extremely low during the week days. Subsequently, the homestead is typically opened from Friday to Monday. The quantity of guests got on Sundays and Saturdays is typically twofold the quantity of guests who visit the ranch on Monday and Friday. Considering these vacillations, the proprietors of the ranch plan to build the quantity of guests by half. In any case, the ranch faces money related limitations and, in this way, can't rely upon capital venture to build its ability. Thus, the proprietors mean to expand the quantity of guests th rough deals advancements and promotions. In this paper, the present limit of Holy Farm will be dissected. The ideal methods for accomplishing the focused on limit will at that point be discussed.Advertising Looking for article on business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Current Capacity The profitable limit of a firm is the aggregate sum of yield regarding merchandise and ventures it can create inside a given timespan (Nigel, Alistair and Robert, 2011, p. 299). Potential limit is the most extreme measure of yield that can be delivered by the firm’s introduced hardware and HR (Clark and Robert, 2008, p. 45). Real limit is the genuine measure of merchandise and enterprises created by the firm inside a specific period. Along these lines, limit usage â€Å"is the level of the firm’s absolute conceivable creation limit that is really being used†. Heavenly Farm’s proprietors put reso urces into a draining parlor in which 150 bovines can be drained utilizing a moderate moving turntable. They additionally developed an exhibition to empower guests to watch the draining procedure. 80 individuals for every hour visited the exhibition from 4.30pm to 7.00pm. This implies the draining parlor was open for two and half hours out of each day. In this way, the limit can be determined by duplicating 80 (guests every hour) by two and half hours. The outcome which is 200 is partitioned by 80% to get 250 as the limit or the most extreme number of guests who can visit the ranch in a day. Subsequently, the farm’s month to month limit can be delineated in the chart underneath. The figures for every month are acquired as follows. In April, the absolute number of guests is 1,200. By isolating 1,200 by 4, we get the quantity of guests every week to be 300. So as to get the quantity of guests every day, we partition 300 by 6 and get 50. In this way, the quantity of guests on Mo nday and Friday is 50, while the quantity of guests on Sundays and Saturday is 100. This is on the grounds that the quantity of guests on Sundays and Saturdays is twofold the number on Mondays and Fridays. In May, the all out number of guests is 1,800. Partitioning 1,800 by 4 we get the week by week number of guests to be 450. The quantity of guests every day is acquired by partitioning 450 by 6 to get 75. Along these lines, the quantity of guests on Monday and Friday is 75, while the quantity of guests on Sunday and Saturday is 150.Advertising We will compose a custom exposition test on Holy Farm Management explicitly for you for just $16.05 $11/page Learn More In the long stretch of June, the complete number of guests is 2,800. The quantity of guests every week is acquired by partitioning 2,800 by 4 to get 700. The quantity of guests every week is gotten by isolating 700 by 6 to get 116.6. Since we can not get a small amount of a guest we adjust 116.6 to get 117. In this manner, t he quantity of guests on Monday and Friday is 117, while the quantity of guests on Sunday and Saturday is 234. The all out number of guests in the period of July is 3,200. By separating 3,200 by 4 we get the quantity of guests every week to be 800. By partitioning 800 by 6 we get the every day number of guests to be 133.3. This can be adjusted with the goal that we get 134 guests for each day. Along these lines, the quantity of guests on Monday and Friday is 134 and the quantity of guests on Sunday and Saturday is 268. In August, the absolute number of guests is 3,400. By partitioning 3,400 by 4 we get the week after week number of guests to be 850. The every day number of guests is acquired by separating 850 by 6 to get 141.6. By adjusting 141.6 we get 142. Subsequently, 142 guests are gotten on Monday and Friday and 284 guests are gotten on Sunday and Saturday. In September, the complete number of guests is 1,800. The week after week number of guests is gotten by partitioning 1,80 0 by 4 to get 450. The quantity of guests every day is gotten by partitioning 450 by 6 to get 75. Subsequently, the quantity of guests on Monday and Friday is 75. Be that as it may, on Sunday and Saturday, the quantity of guests ascends to 150 since the quantity of guests for Sunday and Saturday is twofold the quantity of guests for Monday and Friday. At last, 600 guests were gotten in October. The week after week number of guests is acquired by separating 600 by 4 to get 150. The day by day number of guests is gotten by partitioning 150 by 6 to get 25. Thus, 25 guests are gotten on Monday and Friday, while 50 guests are gotten on Sunday and Saturday. The pace of limit usage has an immediate bearing on the firm’s income and expenses. Specifically, the limit use rate decides the measure of fixed expenses per unit of an item or administration (Betts, Meadws and Walley, 2000, pp. 185-196). The fixed expenses per unit decrease as the firm builds the rate at which it utilizes its ability. Consequently, Holy Farm is probably going to have the most minimal expense of facilitating guests in August when request is extremely high. Since the fixed expenses are low and the income is high because of the expansion in the quantity of guests, the firm is probably going to make high benefits. From November to March when request is low, the fixed expenses per unit are probably going to be high. Hence, the Farm is probably going to make low benefits or even loses since the fixed expenses stay consistent while the income decreases as the quantity of guests lessens. The consequence of the limit evaluation shows that the homestead has not had the option to get 250 guests for every day. Thusly, the proprietors of the homestead must utilize accessible assets to build the quantity of guests to 250 for each day.Advertising Searching for exposition on business financial matters? We should check whether we can support you! Get your first paper with 15% OFF Find out More In the event that the quantity of guests is expanded by half, the quantity of guests visiting the homestead on month to month premise will increment as showed in chart 2 beneath. The quantity of individuals visiting the ranch every day is determined as follows. We increase the every day number of guests (current limit) with 150 and afterward separate the outcome by 100. Along these lines, in April, 75 individuals will visit the ranch on Monday and Friday. The quantity of guests will increment to 150 on Sundays and Saturdays. Diagram 2 In May, 112.5 guests will be gotten on Friday and Monday while on Sunday and Saturday, the quantity of guests will increment to 225. In the period of June, 175 individuals will visit the homestead on Monday and Friday. Be that as it may, on Sunday and Saturday, the quantity of guests will increment to 350. In July, 200 individuals will visit the ranch on Monday and Friday. On Sunday and Friday, the quantity of guests will increment to 400. In August, th e quantity of guests got on Monday and Friday will be 212.5. Notwithstanding, on Sunday and Saturday, the quantity of guests will increment to 425. In September, the quantity of guests will be 112.5 and 225 on Monday and Friday, just as, Sunday and Saturday individually. At last, in October, the quantity of guests will be 37.5 and 75 on Monday and Friday, just as, Sunday and Friday separately. The quantity of guests can be expanded through interest the executives since genuine limit is an immediate capacity of the degree of interest (Clark and Robert, 2008, p. 143). Request Management Demand the board includes impacting the degree of de

Questions Omnibus, Part 1

Questions Omnibus, Part 1 Part 2 of todays QA Possible future MIT Mom asked in regard to my post on cross registration, How can MIT undergraduate students cross-register with Harvard undergraduate courses, because MIT and Harvard have such different calender schedules? For example, are there issues involved with permitting MIT students to stay in their dorms when Harvard is in session, but MIT is not? This is a good question. Its certainly has been much easier to take Harvard classes in the Spring term, when MITs schedule and Harvards schedule are pretty much the same (MIT and Wellesley use the same academic calendar; Im not sure about the two art schools). The course that I took at Harvard was in the spring term, for example. But it may be getting easier for fall term cross registration between MIT and Harvard, as Harvard is contemplating moving to MITs academic calendar, or something substantially similar to it (you may already know that Harvard currently schedules its finals in mid-to-late January, after the winter/Christmas break). Regardless of schedules, MIT dorms are very flexible these days. Unlike most colleges, MITs dorms are always open; there is no period where students are not allowed to live on campus (many schools kick students out over holiday breaks and summers). For example, my friend Jake got a terrific room his freshman year at the East Campus dormitory; he moved his stuff in August of 1996, and didnt move his stuff out until he graduated three and a half years later, December 1999. That isnt a common situation (most students prefer to upgrade their rooms each year), but certainly not unheard of. My housing at Baker House was only interrupted by renovations during the summers of 1998 and 1999; those summers, I lived in Bexley Hall and Burton-Conner, respectively. I know this continuity in housing is especially beneficial for MITs large international student population. Application questions H asked, My school sent in everything (recommendations, transcripts, and the midyear report - trimester system) but so far everything was processed but not the midyear report. Does MIT process midyear reports later (mid-feb?)? If your midyear (1st trimester) report was sent in along with the Secondary School Report et al, I would suspect that your Midyear Report is in your application folder, and that your grades have been seen by your applications reviewer. I know that sometimes in cases like yours (1st trimester grades sent in w/regular application), the midyear report tracking box isnt checked because generally were looking for it to come separately. Id be willing to bet this is what happened in your case. Transfer Student had a few questions, including: 1. Any luck getting a guest blogger to speak about the Transfer process? [and] 2. What happens if you give someone a recommendation form and they send it but it gets lost in the mail or maybe it gets sent to the wrong address, does the entire application get discarded? If so, how many applications per year dont get considered because they are not considered complete? T.S, I havent yet secured someone to blog about the transfer process. I promise it is on my list of future blog topics, though. As for your second question, we do consider incomplete applications. We know that often these circumstances are beyond the applicants control. For freshman applicants, we do expect that students are utilizing the online tracking system to ensure the receipt of application components. But even for freshman applicants, we definitely have admitted students who are missing an evaluation. Other applications, though, cannot be considered; these are miss ing, for example, the transcript or Part II. I dont know how many of these completely incomplete applications we receive each year. Pia made some typos on her application: Instead of writing Mechanics I wrote Magnetism, will MIT think that Im stupid and be like, stupid she didnt know what test shes taking?!? Is there something I can do? Will they get mad if I call about it? I dont know why I didnt notice it till now..help. please? oh my lord. And stanford changed the name of the class I took. it changed from multivar to diff eq, so I wrote lin alg and diff eq instead of lin alg and multivar. Should I call so that readers dont think Im insane? Dont worry! Well look at both your self-reported grades and your official transcript(s), and Ive never heard of and cant conceive of our penalizing someone for misnaming classes. Relax, I promise this wont be a factor for you. Sephy writes, I was a student of Raffles for 4.25 years before I shifted to India and pursued further studies in Delhi Public School R.K.P (India) for 1.75 years. I wanted to know whether my past education and experience in Raffles would be considered or will MIT focus only on my current school? When considering your context, we will definitely consider that youve been at two different places and have moved schools (and countries, for that matter). Many applicants have changed schools during their high school years, and for us, it is a common situation that we can contextualize quite easily. And yes, we are quite familiar with both Raffles and DPS RKP. Arvind Singh writes, I appeared in TOEFL exam on 31st of December,2004 at INDIA. I choose the scores be sent to MIT. According to the TOEFL IB they should have been mailed be 15th JAN, but the MYmit portal still does not show that they have have been recieved. I dont know why this is, but you should email [emailprotected] and self-report your score. We will use your self-reported score until we receive your official score from ETS. Saad Zaheer writes, The only thing that remains with my MIT application is the SAT 2 scores; I read on the admissions site that January 22, 2005 tests will be accepted on a case by case basis, so I registered for the SAT 2 on January 22. Unfortunately, the test got postponed here in my center because the courier service could not deliver the test materials in time. Now, the make up date is somewhere in the end of february and I do not know if MIT would accept score reports in March! Right Since January 22 I am so dejected and disappointed and have sent two emails to the admissions office at MIT about the matter but they have not replied, MORE DISAPPOINTMENT!!!! You have taken the correct step in emailing the Admissions Office; I will try to follow up on your email tomorrow. Admitted student questions Admitted student asked, I was just wondering if we would get the info about our host student at CPW before we arrive on campus. We will not finish CPW host matching until just before CPW. We will try our best to have all hosts contact their hostees [ not a real word] before CPW, but the best that we can do is ensure you that every student will be given a host. LBizzle asks, Speaking of CPWmy mother wishes to know what exactly will be available for the parents and on what days. Many (but much less than all) of the CPW events are currently posted in the CPW portlet in you MYMIT portal (check it out!). The bigger parent events begin Thursday evening and go through Saturday evening. Laura asked, For those of us who were admitted EA, I know our admit letter had some wise words from Marilee Jones aboutnot slacking off for the rest of the year. The letter said something about how our acceptance was contingent on finishing the school year with flying colors. Dont worry, I wont ask how bright colors have to be before theyre considered flying (although if you have an idea I wouldnt mind knowingcalc class you seeis just.well anyway) but I was wondering how MIT keeps up on that. Will I need to send in midyear grades? A final report card? Are you psychic? All admitted students, both EA and RA, will be required to send in their final transcript. I have no psychic powers, sadly. Good luck with Calc Application update questions Erek, Hoping For MIT, Nbot1 and Swetco all had questions about updating their applications (check the comments to see the specifics). To answer all of their questions: Yes, you can email supplements to [emailprotected] We will review any supplemental materials that come in before we mail decisions, but to be considered before we go into selection committee, we should have your supplement this week. You dont have to send in any award certificates for your new honors; its okay just to email us and tell us about your achievement. Finally today, wed love to get more of your comments about the MIT Viewbook (big glossy brochure). Ben is collecting your feedback over at his blog.

Investigation On Behavioral Finance And Market Anomalies Finance Essay - Free Essay Example

The aim of this paper is to provide any academic evidence and theories concerning the main drivers of individual investors decision making and their reasons to feel confident over the success of active fund management. Our report weighs against the evidence of rational and measurable explanations supporting active managers and their stock picking skills. Not underestimating the power of communication, there is a provision of research studies to show how media and advertising are employed in selling managers superior skills and their affect on investors decision making. Next the report tries to understand and solve the puzzle about investors beliefs in managers adding value. For this purpose there is reference on the behavioural finance implications and some of the heuristics and biases that can enrich the explanation for most of the investors behaviour. 2. Rationality 2.1. The benefits from fund managers Investors decision to invest in active funds is primary driven by the benefits of large scale investing. Bodie et al. (2008) identified several important functions that allow small investors to benefit from teaming up their money. Such are the record keeping and administration, diversification, professional management and the lower transaction costs as result of trading in larger blocks of securities. In addition, investors argue that the market is a supply pool of managers with different investing styles and that some of them can outperform the index while others cannot. Platinum Capital fund for example, managed by Kerr Neilson, outperformed MSCI world stock index by 35% in 2009. The funds strategy was based on investing in financial distress companies but with large unexploited potentials for future growth as well as going short on mining companies which he identified as overpriced. Neilson believes that funds success is due to the quality research that avoids noisy public information (Boyd, 2009). Most of the success in active management is a result of momentum investment strategy that takes long positions on securities which is believed to continue to rise in price and short positions in securities which it is expect to have a downtrend (Chen et al., 2000). Fund managers are knowledgeable to use sophisticated software programs that enables them to perform more precise risk analysis and to enhance their stock picking skills (Barber and Odean, 2008). The same paper suggests that in contrast to regular investors, fund managers are less prone to biases that affect decision making meaning also that they are not attention driven. Cici (2005) suggests that managers get aware of their gains less readily than the case of losses. Quite the opposite, investors do not exhibit any stock picking skills and there is evidence that in total the stocks they buy underperform those they sell (Odean, 1999). 2.2. Managers persistence On the other hand, a popular fund like the Long Term Capital Management Fund is an example that concentrated brainstorming power does not necessarily mean that abnormal returns even though achieved, can persist. Little academic evidence is supporting the outperformance of active fund managers. Wermer (2000) backs the momentum strategy. More specifically, his research shows that fund managers can beat the market by 1.3% annually only without accounting for trading costs. However, including the trading costs there is an underperformance of 1% annually. Carhart (1997) observed the performance of equity funds and examined whether funds that have done well will continue to have the same performance in the next period as a result of managers skills. His study provides evidences that funds performance does not reflect managers picking skills and concludes that investment costs account for almost all of the important predictability in mutual fund returns (Carhart, 1997, pp. 81). The same pap er gives valuable guidelines for investing in funds. According to its findings, investors should be aware that no load funds always outperform load funds and should avoid managers who often rebalance their portfolio since portfolio turnover reduces the funds performance. Moreover, Bodie et al. (2008) indicate that high portfolio turnover rate can also be tax inefficient. Regarding the momentum strategy, Carhart characteristically claims that some funds can earn higher returns the following year due to pure luck of holding large positions in last years winners. Finally, Chen et al. (2000) suggest that the evidence of persistence concerning past winners over past losers is weak. 3. Irrationality Statman illustrates irrationality by comparing traditional and behavioural finance approaches: people are rational in standard finance; they are normal in behavioural finance. Rational people care about utilitarian characteristics but not value-expressive ones, and never confused by cognitive errors, have perfect self-control, are always risk averse, and are never averse to regret. Normal people do not obediently follow that pattern (Statman, 1999, pp. 26). It is clear according to the academic evidence that active mangers provide little or no economic value to investors. Surprisingly however mutual fund industry continues to attract more investors, managing around 1.72 trillion dollars (HedgeFund Intelligence, 2009). What are the drivers of such irrationality? 3.1 Investors characteristics Acknowledging their own imperfections is one of the key reasons why investors rely on fund managers. Simon (1978) states that investors present imperfect control and bounded rationality over the uncertain and continuous changing market environment and make final decisions as a result of judgemental errors. Investors are not capable to handle efficiently enormous load of information. Walker (1971) argues that each investor has a certain capacity and upper limit of accumulating information, after which all new information is completely ignored. This indicates that decisions are drawn randomly in an irrational way. Overloaded with information, they tend to follow the financial media that direct their choices. 3.2. Advertising Advertising seems to work. Investors irrationally focus on advertisements since it appears that funds that have been advertised have more liquidity and attract more individual investors (Jain and Wu, 2000). The media often names fund managers as the new masters of the universe which can result in investors believing that superior investing abilities can be achieved through fund managers (Mackintosh, 2007). Sendhil et al. (2008) examined the logic behind the success of mutual fund industry in a situation where industry adds little to investors wealth and charges them high. Their research showed evidence that individuals think coarsely; more concrete investors that tend to categorize situations according to their own beliefs and use same conclusions for each category. They evidence significant influence of persuasion and advertising on coarse-thinking. Using data of all financial advertisements in Business Week (BW) and Money they find out that after the market crash, past return data vanish from advertisements, as shown in figure 1. Moreover, in spite of this selective data approach, in downturn market even funds with good performance choose not to advertise themselves. This finding is in line with their models predictions meaning that enclosure of past return data is used in purpose of selling opportunities, rather than promoting professional advice services or skills. Figure 1: Stock Mutual Fund Ads Returns / Total Stock Mutual Funds Ads[1] 3.3. The role of biases and heuristics The attention grabbing events are often able to drive investors interest and affect their investment decision. Barber and Odean (2008) name such events: any unusually large trading volumes, prior day movements to the stock price or certain media news. Taffler (2002) suggests that the availability heuristic and the familiarity bias are to be blame for noise trading. The representative heuristic works in accordance to the existence of stereotypes. Investors tend to believe that a good company can be a good investment. Accordingly a good manager can generate great returns. Decisions based on gut feelings are due to the affect heuristic. Concerning biases, investors exhibit behaviour that can be explained on the framework of framing judgemental biases and confirmation biases (Taffler 2002). As for the first, their judgements are based on the way information is presented. As for the second investors will seek for confirming evidence to support their decisions and will neglect any opposing argument. Despite mutual fund managers advanced or not investment characteristics, Taffler (2002) suggested that fund managers are also prone to similar cognitive errors, biases and heuristics with investors. More often is the case for fund managers being overconfident and overoptimistic to believe that they have superior investing abilities. 4. Conclusion Stock valuation and investment decisions are difficult tasks to be actualized with success. Primarily, financial markets are complex and uncertain, continuously change and are affected by multiple variables. Secondly, investors prove to behave in an irrational manner using mental shortcuts and are subjected to various biases. Investing is often directed by the financial media or relied to fund managers that are supposed to have a more rational behaviour. Our report provides evidence that although investors might have reason to believe fund managers, the actual performance of the latter cannot yield returns that could beat the market by accounting for all costs in a consistent basis. It is therefore the investors characteristics that lead to have such a rationale and at a lower degree any external factors like the press and advertisements. References Barber, B.M. and Odean, T. (2008), All that glitters: The effect of attention and news on the buying behaviour of individual and institutional investors, Review of Financial Studies, Vol. 21, No. 2, pp 785-818. Bodie, Z., Kane, A. and Markus, A.J. (2008), Investments, McGraw-Hill, New York. Boyd, T. (2009), How Australias richest fund manager beat the market, smartcompany.co.au, August 13 2009, available on the internet at https://www.smartcompany.com.au/index.php?option=com_contenttask=viewid=34279Itemid=27utm_source=feedburnerutm_medium=feedutm_campaign=Feed%3A+smartcompanynews+(SmartCompany+News). Carhart, M. (1997), On Persistence in Mutual Fund Performance, Journal of Finance, Vol. 52, No. 1, pp 57-82. Chen, J.L., Jegadeesh, N. and Wermers, R. (2000), The Value of Active Mutual Fund Management: An Examination of the Stockholdings and Trades of Fund Managers, Journal of Financial and Quantitative Analysis, Vol. 35, pp 343-368. Cici, G. (2005), The Relation of the Disposition Effect to Mutual Fund Trades and Performance, Working Paper. HedgeFund Intelligence (2009), Global Review Autumn Update, InvestHedge Magazine, available on the internet at https://www.hedgefundintelligence.com/ih/Article.aspx?Task=ReportIssueID=73357. Mackintosh, J. (2007), Investors Still Pile In, FT.com, April 27 2007, available on the internet at https://search.ft.com/search?queryText=Investors+Still+Pile+In%E2%80%99. Sendhil, M., Schwartzstein, J. and Shleifer, A. (2008), Coarse thinking and persuasion, Quarterly Journal of Economics, Vol. 123, Issue 2, pp 577-619. Simon, H.A. (1978), Rational decision making in business organization, Nobel Memorial Lecture. Statman, M. (1999), Behavioural Finance: Past Battles and future engagement, Association for investment management and research, Financial Analysts Journal, Vol. 55, No.6, pp15-29. Taffler, R.J. (2002), What Can We Learn From Behavioural Finance, Management Focus, pp 8-11. Walker, J.F. (1971), Decision-making under conditions of information overload: Alternative response modes and their consequences, presented at American Educational Research Association Annual Meeting, New York, pp 4 -7. Wermers, R. (2000), Mutual Fund Performance: An Empirical Decomposition into Stock-Picking Talent, Style, Transactions Costs, and Expenses, Journal of Finance, Vol. LV, No. 4, pp 1655-1695. Assignment Topic 2 Summarise and critically discuss the empirical findings of post earnings announcement drift anomaly in international level. 1. Introduction Since Ball and Brown (1968) identified the post earnings announcement drift (PAD), various other research papers have examined the phenomenon. The aim of this paper is to summarize empirical findings of PAD on a multinational point of view. A crucial research conducted by Fama (1998) although gives reasons for the efficient market hypothesis to be valid, admits that it could be challenged by accounting for the PAD phenomenon. Mendenhall (2004) states three key categories of explaining PAD. First, any unexpected earnings changes might simply be due to the use of different research methods. The second explanation supports the idea of systematic misinterpretation concerning expected returns coming from market expectations following earnings announcements. The third explanation supports the behavioural finance perspective. Many studies imply that PAD is a product of irrational investors and inefficient markets. Interestingly, none of the aforementioned explanations can accurately predict why markets are not reacting to publicly available information, like earnings announcement in a timely way. 2. What is the Post Earnings Announcement Drift To get a clear understanding of the phenomenon most of the studies look into PAD phenomenon in phases. Initially, the impact of the earnings announcement results in stocks moving towards new price level. Then the drift in prices makes its presence. This lasts for approximately two months counting from the earnings announcement day. Finally, one more significant adjustment is made around the following announcement concerning next quarters earnings. Bernard and Thomas (1989) highlighted that the phenomenon could be translated as a portion of price change being lagged in following new information. The research work of Lev and Ohlson (1982) and Bernard and Thomas (1990) concluded that the PAD is inconsistent to the fundamental Capital Asset Pricing Model (CAPM). The reason is that CAPM is not able to capture the drift. If the CAPM represents a mechanistic tool of pricing stocks, such a drift would be impossible for the CAPM to predict. The papers also provide additional evidence to suggest that the PAD is incompatible with the EMH. 3. Methodology of PAD The traditional paper of Bernard and Thomas (1989) captures the PAD using the following methodology. There is a formation of portfolios on the basis of the extent and whether the sign of the earnings surprises is positive or negative. The announcements concern for quarterly earnings. Next a comparison is run on actual market prices of stocks and the prices that have been derived using fundamentals. Accordingly any difference between the two prices resulting from a divergence is documented. Therefore all portfolios that present positive earnings surprises are found to have a positive drift in relation to the normative price prediction. In contrast to this, all portfolios that present negative earnings surprises have a negative drift under the normative price prediction. In addition, the amount of the drift is found to be monotonically positive for increasing positive earnings surprise portfolios and monotonically negative for increasing negative earnings surprise portfolios (Zhao, 200 8, pp. 23). 4. Research in International Level 4.1. Spanish Market Forner and Sanabria (2008) checked for the existence of PAD in the Spanish stock market using a sample that consisted of 172 firms dating from 1992 to 2003. The researchers have applied certain unconditional adjustments both to the CAPM and the Fama and French three factor model. Specifically they added a liquidity factor in order to control for size and book-to-market ratios as well as with a view to control for any momentum impact. Forner and Sanabria employed SUE and REV[2]measures on their effort to test PAD existence. The research findings of the paper showed that in the Spanish stock market, the suggested PAD strategy could offer significant gains over the months that follow the earnings announcements. These findings are robust for SUE and REV. In addition the phenomenon is tested against Jegadeeshs (1993) momentum hypothesis to check whether the PAD can explain much of momentum. For this test the findings proved also to be robust and therefore strengthened the impossibility of a risk-based explanation in line with the EMH. Moreover there is a clear suggestion that the PAD is more likely to be a result of investors under reacting or overreacting on earnings announcements. This behaviour can be explained within the framework of behavioural finance were investors are prone to several biases and psychological pitfalls. This explanation is in line with Bloomfield (2000) where it is suggested that PAD is driven by the overwhelming overconfidence that investors believe to holding valuable and accurate information. 4.2. Finnish and Swiss Market Kallunki (1996) based his research on the behaviour of the stock market when having earnings announcements. For this purpose he employs a method to estimate risk using a sample made of Finnish companies in order to prove whether any possible market reaction delays are varying significantly across positive and negative unexpected earnings. Any significance of the results is interpreted as employing wrong measuring methods of abnormal returns. Geoffrey et al. (2006) paper is a study on whether the PAD is sound when dealing with non institutional trades. The data employed is from the stock market of Helsinki for the period 1996 to 2000. The main finding is that the positive news concerning extreme earnings and their resulting returns are positively correlated. The same holds for negative earnings. They have also show a significant correlation due to PAD. As for the Swiss market the research paper of Isakov and Christophe (2005) investigated the acute volatility observed around the days of an earnings announcement. The hypothesis developed was of a decreasing volatility once the announcements of earnings were set out. It appeared however that the volatility changes were related to the type of news. Lakshmanan (2007) provides additional evidence that when an earnings announcement as an information is being broken down into more news can generate surprisingly higher returns when compared to cases where the news where announced once and concentrated. Such a finding is in line with the under reaction explanation of the PAD phenomenon. 4.3. Hong Kong Market Zhaos (2008) research emphasized on two things: on the way prices are distributed as a result of their reaction to news and on further changes in prices. These two are believed to be able to generate significant explanations concerning the analysis of PAD. The paper is sampling the stock market of Hong Kong through the period 1987 till 2006. The key finding following SUE methodology was that the PAD is a robust phenomenon to that specific exchange as well. Furthermore, the study highlights the need to have more emphasis on negative stock prices reflections on earnings announcements. That is because according to Zhao such an emphasis can undermine significantly the vastly reported under reaction explanation of PAD. Another main point of the paper is that non-earnings information can be valuable in affecting reactions of stock prices and therefore drifting them further. Finally Zhao finds that hedging strategies that based on non-earnings information could yield abnormal returns on lon g periods. As a result in Hong Kong market the corroboration effect between earnings and non-earnings information is significant (Zhao, 2008, pp. 53). 4.4. US Market Abnormal returns after an earnings announcement are examined by Pope (1996). He argues that PAD and the bid-ask spread are strongly correlated and abnormal returns are due to the arbitrage opportunities produced from the market inefficiency. Bernard and Thomas (1989) also documented abnormal returns of 18% per annum which persist for minimum six months. In this direction, they found that expectation of future earning to match last years quarter earnings will be reflected in the stock price. Moreover, the paper indicates that market participant may under react to the earnings news due to the transaction and information costs. Sadka (2005) took into consideration liquidity risk and argues that PAD returns can be viewed as risk compensation created from the unpredictable shifts in the aggregate ratio of informed traders to noise traders. Garfinkel and Sokobin (2008) argue that there is a significant positive correlation between PAD and unexplained friction of the trading volume, indicat ing on existence of deviation among investors opinions. 5. Conclusion The review of aforementioned research papers shows that PAD as a robust phenomenon has international dimension, with its presence documented not only in mature stock markets such as US and Europe, but as well in emerging markets such as Hong Kong and China. Two aspects of PAD draw most of the attention among the academics. Main focus is put on the absence of comprehensive framework about PAD as result of various interpretations of the current earnings impact towards the future earnings. Moreover, market participants do not posses predictive power to future abnormal returns based on earnings announcement, and have little understanding that returns are considered to follow a random walk. Transaction costs also contribute investors to lag in their response to the PAD. The other focus is on the behavioural finance where most researchers concluded that PAD results from deviations in investors behaviour, such as overconfidence and self attribution. Thus, investors will rather rely on their own private information than publicly available information, resulting in overreaction or under reaction to the stock markets.

The Good, the Bad and Essay for Toefl Samples

The Good, the Bad and Essay for Toefl Samples The Hidden Truth About Essay for Toefl Samples Your word is going to have no weighting. In every one of the 3 paragraphs, your very first sentence, known as the topic sentence, is going to be the point you're explaining from your thesis. The key issue is to write using good grammar and punctuation. Then you are going to have to write about both passages. To state your primary point, your very last sentence in the very first paragraph is essential. Each paragraph starts with a new key point that's then explained. You don't require an introductory paragraph, but you need to definitely compose a thesis statement. To start with, your focus ought to be on summarizing the primary points of the lecture. Don't attempt to make an essay by memorizing paragraphs on several different topics before the test and then attempting to relate them to the topic you get, because the content won't be appropriate and you'll just get a minimal score. Integrated Tasks first provide you with a reading passage and after that supply you with a listening passage on exactly the same topic. Writing about a different topic is a simple approach to receive a very low score. It's also important your usage of grammar is powerful and consistent, even though it doesn't need to be perfect to find a top scor e. Poor writing will, naturally, result in lower than required grades and this is particularly true for lots of the standardized tests you take. Essay writing skills is a hard and time-consuming endeavor. Long Vacation Or Short Vacation Essay Some folks think that students ought to be given one long vacation annually. Our totally free grammar exercises will allow you to learn the advanced grammar that you require for the exam. A superb prep book can be absolutely the most important study tool you use, and we've got information on all the very best TOEFL prep books you should think about. My goal today is to provide you all of the info you'll want to be successful with the TOEFL Independent Writing section. Utilizing an essay grammar checker online free is 1 way that will help you to enhance your grades. Stephen's essay is rather effective. Speaking about your opinions will help it become much easier to write about them. If you are concerned about your writing, you need to have a look at our sample essay page. Utilizing an excellent essay proofreading service does not just enable you to correct the paper you've written. Essay writing examples in doc format like the ones given may help direct you in writing a very good composition. Our absolutely free essay check supplies you with the ideal tool to practice and polish your writing. By providing you the ideal tool to proofread my essay online for free you are supplied with a means to discover every one of the mistakes that you commonly make in your writing. 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The Green Chemistry Approach Used For Quick Synthesis

In this study, the green chemistry approach was used for quick synthesis (within 30 seconds) of gold nanoparticles (AuNPs) by using the fruit extract of Limonia acidissima L. The study focused on the formation of Limonia acidissima L stabilized AuNPs without using any catalytic agent. The AuNPs was confirmed by observation of the surface plasmon resonance (SPR) band at 537 nm. On the surface of these capped AuNPs, epirubicin (EPI) was conjugated along with activated folic acid (FA) for targeted drug delivery. The EPI-FA-AuNPs complex was characterized using FT-IR and UV-visible spectrophotometer and the AuNPs were characterized by HR-TEM, particle size analyzer and zeta potential measurement. In-vitro stability revealed that the AuNPs were†¦show more content†¦[1].To overcome this problem we have established a method to synthesize gold nanoparticles (AuNPs) functionalized with folic acid (FA) for targeted delivery of epirubicin (EPI), an anthracycline chemotherapy agent. [2] . EPI has been clinically used to treat various types of cancer, such as breast cancer, lymphomas, sarcomas in soft-tissue, pancreatic cancer, gastric cancer, small-cell lung cancer and acute leukemia. EPI shows less hematologic or myocardial toxicity at comparable doses [3]. AuNPs are identified as favorable candidates for drug delivery applications due to their unique dimensions, tunable surface functionalities, nontoxicity and controlled drug release capability [4]. Green chemistry-based eco-friendly methods are predominantly used for the synthesis of AuNPs instead of chemical synthesis [5]. Plant extracts are used as reducing and stabilizing agents to synthesise the nanoparticles. Plant extracts contain different concentrations and combinations of organic reducing agents, which

The Beautiful City Of Detroit Tonight - 1067 Words

â€Å"We may be in the beautiful city of Detroit tonight, but our story begins in New York.† The appropriately tailored catch phrase, said at the beginning of every show, is barely audible; over the deafening screams of fifty thousand fans catching a glimpse of our main entertainer for the night. Everyone has something that they have decided, or has been decided for him or her, is their passion in life. A year ago if I was asked what my passion was I wouldn’t have said anything, I didn’t have a passion or something that really made me excited to live life. I’d rather sit in my room bouncing from one social media to another, gathering a platform of thousands of followers during it all. I was a die-hard fan for someone who I thought could really†¦show more content†¦I always had loved Taylor Swift; but it was more of a closet case love since she was my brother and uncle’s main target in their jokes, but I was bound and determined to be her ne w biggest fan, so I could attend this concert. The news of the tour came in October, a time where I barely even talked to my parents; so the idea of asking them to take me across the state to a concert wasn’t even in question. After a month, while on better terms because we had just spent the weekend with my grandparents, I decided to toss the idea out there. â€Å"So you know who Taylor Swift is, well she is having a tour for her new album, and I’d like to go to it, plus Shawn Mendes will be her opening act, so it would be like my two favorite people in one concert, and I just think it’d be really enjoyable, and I can even pay for my own ticket, and make arrangements for it all.† I rambled out hoping that if I continue to talk they wouldn’t have the chance to turn down my proposition. The response devastated me â€Å"Who is Shawn Mendes?† asked my father completely forgetting the name of the person I always talked about and told them meant the world to me. My mother must have sensed the pain this caused me saying, â€Å"John, you know who he is. We will have to think about it, Brenna.† My negative mind immediately turned this into a â€Å"no† as I stomped away, shaking all the boxes laying out on the floor of my grandparents new

Substance Use And Abuse Among Adolescents Essay - 2070 Words

As a counselor in training and an advocate for individuals’ mental health and wellness, I chose to become an official member of the American Counseling Association (ACA) and create an advocacy project to enhance adolescent mental health and wellness by advocating for more available protective factor to reduce substance use and abuse among this population. The purpose of this paper/project is to address and improve the rate of substance use and abuse among adolescents in Pitt County, more specifically in Greenville, North Carolina. This paper goes into great detail of the description of the population (adolescents), providing statistical evidence of adolescents’ use of drugs in Greenville. An increase in youth involved community activities, community service work and parental involvement will be discussed as ways to create a healthy, anti-drug, and stable environment for adolescents in Greenville, North Carolina. Protective Factors to Reduce Substance Use and Abuse Among Adolescents in Pitt County: Greenville, North Carolina Adolescence is a transitional stage of becoming an adult by going through puberty. Hence, an adolescent is an individual going through the stages adolescence. This is a critical stage for physical, emotional, intellectual, and social development. Since the onset of puberty varies, it is difficult to give a specific age range for an adolescent. There is crucial evidence of substance use among boys and girls during this transition. The use of drugsShow MoreRelatedThe Psychological Effects Of Adolescent Substance Abuse1469 Words   |  6 PagesAdolescent substance abuse is one of the largest issues faced by our society today. According to Teenrehab.com, nearly 50% of all high school seniors have abused some form of illicit substance and according to National Institute on Alcohol Abuse and Alcoholism nearly 70% of 18 year olds have at the least tried alcohol. Many more adol escents are trying, and getting addicted to, drugs every year. In my opinion this is one of the most critical issues that we have to address as a society. Summary Response:Read MoreDepression Is Predictive Of Substance Abuse Outcomes788 Words   |  4 PagesRecent research further suggests that depression is predictive of substance abuse outcomes. In a study done by Sihlova (2008), suggested early onset of depressive disorders predicted multiple substance use outcomes, including frequent alcohol use, and frequent daily smoking from a sample of 1545 adolescent twins assessed at baseline age 14, and then again at age 17.5. Moreover, depression was found to be a risk factor for smoking in females but not males. Fleming et al. 2008 also suggested that depressiveRead MoreEssay on Adolescent Substance Abuse1656 Words   |  7 PagesHeader: Substance Abuse Adolescent Substance Abuse Dana Sweitzer Liberty University Abstract Adolescent substance abuse is a major problem in society. There are many risk factors that can contribute to adolescent substance abuse. One of the main risk factors is peer pressure. When adolescents start at a young age there is an increase in health problems, addiction, and over all poor social outcomes. Parental influence has substantial effect on adolescents because the adolescent sees theirRead MoreSubstance Abuse : A Public Health Problem Among American Children And Adolescents1561 Words   |  7 PagesSubstance use and abuse is a definitely a public health problem among American children and adolescents. According to the Merriam-Webster dictionary, substance abuse is the excessive use of a drug or the use of a drug without medical justification. There are various different substances that adolescents are abusing. Alcohol is the most abused in adolescence with four in ten high school seniors consuming some type of alcoholic beverage in the past month and more than one in fiv e engaging in bingeRead MoreThe Effects Of Substance Abuse Among Adolescents1296 Words   |  6 Pages Substance abuse has become a notable public health threat to today’s adolescents. Substance abuse is associated with an array of behavioral and psychological consequences that can jeopardize the future of the young people. Lifelong dependence is another possible consequence of drug abuse among adolescents. Ultimately, counselors are supposed to come up with effective programs to address addiction issues among the adolescents to prevent them from relying on drugs in future. Counselors rely onRead MoreAdolescent Drug Abuse And Alcohol1426 Words   |  6 PagesDrug Abuse Adolescent Drug Abuse and Alcohol Nyria Madison Liberty University Coun 620 Abstract Around the world we are finding that most adolescent are experiencing drugs and alcohol. This has been a huge issue for years. This has become a trend in society as of today. This paper will discuss the perspective of adolescent alcohol and drugs. This paper will also identify and inform you on the common predictors of adolescent substance abuse. SubstanceRead MoreAdolescent Drug Abuse1306 Words   |  6 PagesAdolescent Drug Abuse I.) Introduction: Crack, booze, pot, crystal- from the inner city to the suburbs to small towns, the world of the adolescent is permeated by drugs. When a little harmless experimentation becomes addiction, parents, teachers, and clinicians are often at a loss. For this age group (roughly ages 13 to 23), traditional substance abuse programs simply are not enough (Nowinski, inside cover). Today s society provides many challenges for adolescents that ourRead MoreSubstance Abuse And Addictions Among Adolescence947 Words   |  4 PagesSubstance Abuse and Addictions Among Adolescence Substance abuse and addictions among adolescence is a problem among this age group. Adolescents go through major stages in life and are faced with stressful issues that can lead to experimenting with drugs. Experimenting with drugs can lead to for an adolescent to abuse the substance as well becoming addicted. Not only can a adolescent can become addicted to a substance but he or she can have issues with the brain developing properly. Spiritual developmentRead MoreSubstance Abuse And Mental Health Problems877 Words   |  4 PagesFINAL PROJECT 2 Introduction Substance abuse and mental health problems are serious issues in our society. These problems appear to be associated, so it is necessary to look at both and how they interact (Ramchand). Substance abuse can bring about or exacerbate existing mental health problems, including suicidal ideation and attempts. Medical professionals cannot begin to resolve the issue of substance abuse related suicidal ideation or attempts unless they have an effective solutionRead MoreSubstance Abuse Is Not A New Problem894 Words   |  4 PagesSubstance Abuse Drug abuse is not a new problem, it has been happening for the longest time, abusing drugs has always been an interesting topic to me because I have never been able to grasp the concept of why addicts start or continue when it is clearly obvious that it has negative effects on the human body. It is a popular conception of common sense, but is false. Drug abusers sometimes are not educated enough to know the damages or the addict truly believes they are not addicted. This topic sparks

Supply Chain Management And Operation Management - 1374 Words

1) Definition of the scope Supply chain management and operation management have become integral components as far as organizational competitiveness is concerned. This paper will begin by offering a literature review about supply chain management and operations management. Then, the paper will explore various issues within the Airbus company and analyze the identified issues by apply SCOM concept. The paper will also identify specific best/worst practices in the Aerospace industry before offering actionable short-term and long-term recommendations for the company. 2) Literature review Many studies have explored the topic about supply chain management and operation management. In spite of some disparities in their findings, previous researches tend to converge at a single conclusion that proper supply chain management and operation management are crucial sources of competitive advantage. Supply chain can consist of a firm, its suppliers and customers. It can also consist of intertwined supply chains that make a network of chains (Yang et al. 1339). Supply chains traditionally emphasized on enhancing transactions and delivery of products to customers. Nonetheless, changes in the business environment have shifted the traditional focus of supply chains to satisfying market needs appropriately, rapidly and in a profitable manner (Kuei et al. 890). Due to diverse trends in the business environment, researchers have reported that enterprises are encouraging appropriateShow MoreRelatedSupply Chain Management And Operations Management747 Words   |  3 PagesPart I, Objective 1: Supply Chain Management (SCM) and Operations Management (OM) Supply chain management is the business of overseeing the flow of materials to manufacturers, wholesalers, retailers and consumers. It is an external process that involves supply chain managers communicating with other vendors to ensure a product flows through the supply chain smoothly. Once a product reaches the consumer, it has already flowed through multiple organizations – these organizations collectively are referredRead MoreSupply Chain Management : Operations Management1204 Words   |  5 PagesSupply-chain management is an important consideration of Operations Management. In the past, many businesses only focused on the operations occurring within. Even today, business push to increase standards of performance and quality, create better marketing strategies, improve efficiency in the workplace, and hire and train employees as part of human resource strategy, among other ‘inside’ actions. However, it is a growing reality that there are other ‘outside ’ factors and stakeholders in the finalRead MoreOperation and Supply Chain Management8662 Words   |  35 PagesOPERATION amp; SUPPLY CHAIN MANAGEMENT Sec I- strategy amp; sustainability 1. OSCM 2. strategy amp; sustainability 3. product amp; service design Sec II- manufacturing, service amp; health care processes *4. strategic capacity management *4A. learning curves 5. process analysis 5A. job design amp; work measurement 6. production process 6A. facility layout *7. service processes *7A. waiting line analysis *8. health care processes 9. six sigmaRead MoreSupply Chain Operations Management Analysis4582 Words   |  19 Pages Supply Chain Operations Management Analysis of Southwest Airlines Name: University: Course Title: Instructor: Date: â€Æ' Introduction Southwest Airline is said to be the largest airline firm in the world and yet it charges low-fare costs to its large population of customers. Interestingly, it is noted that the company is one that depends on a large pool of suppliers whom are found necessary for the business to operate desirably. Such suppliers are mentioned to include: maintenance firms, fuelRead MoreSupply Chain Management Strategy Planning And Operation Solution Manual1533 Words   |  7 PagesSUPPLY CHAIN MANAGEMENT STRATEGY PLANNING AND OPERATION SOLUTION MANUAL PDF Copyright  © 2014. All Right Reserved SUPPLY CHAIN MANAGEMENT STRATEGY PLANNING AND OPERATION SOLUTION MANUAL PDF Download: SUPPLY CHAIN MANAGEMENT STRATEGY PLANNING AND OPERATION SOLUTION MANUAL PDF Are you trying to find Ebook Supply Chain Management Strategy Planning And Operation Solution Manual PDF?. You will certainly enjoy to understand that today Ebook Supply Chain Management Strategy Planning And Operation SolutionRead MoreSupply Chain Management System at Ducati - the Position of Information Systems in Enhancing Management of Operation in the Supply Chain at Ducati Motor Holding S.P.A.2542 Words   |  11 PagesSupply Chain Management System at Ducati The position of Information Systems in enhancing management of operation in the supply chain at Ducati Motor Holding S.p.a. Report’s length: 1995 words, 9 pages. AUTHOR Andrea P.F. A. Table of Contents Executive summary ............................................................................................................................3 1. Introduction...............................................................................................Read MoreIHC distribution Center Operations Review on Supply Chain Management, Logistics, and Inventory.955 Words   |  4 PagesOperations Review on Waste Reduction, Cost Reduction and Process This memo will discuss the efficient ways that Supply Chain Management, Inventory, and Logistics have been successfully implemented in the Intermountain Healthcare Supply Chain Center. Peggy Lee, Card Program Manager at IHC led the tour in the Supply Chain Center. The goal of IHC distribution center is reduce waste, cost and centralized the high volume supplies in one location and distribute across all their facilities. This givesRead MoreOperations Management and Supply Chain Management1248 Words   |  5 PagesQuestion: How does Operations and Supply Chain Mgmt enhance company profitability? 1. Content 2. Charts and Graphs 3. Evidence to support your position 4. Examples that highlight your conclusion Table of Contents: I. Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2 II. Operations Management and Profitability†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 III. Supply Chain Management and Profitability†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 IV. Examples/Case Studies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreSupply Chain Management: Operations Management Essay1330 Words   |  6 PagesSupply Chain Management: Operations Management Introduction Operations Management is the term we use for the management of the resources necessary to produce and deliver the products and services required by customers. These resources include labour, materials and capital equipment. The following definition reflects the nature of Operations management: Operations management is about the way organizations produce goods and services. Everything you wear, eat, sit on, use, read or knock aboutRead MoreOperations and Supply Chain Management1804 Words   |  8 PagesWhen marketing, engineering, and operations simultaneously develop a process (cross -functional integration), this approach is known as __________ ________________. A) sequential process B) traditional approach C) concurrent engineering D) both A and B E) none of the above Feedback: C is the correct answer. Unlike the traditional serial or sequential approach, concurrent engineering uses cross-functional integration for concurrent development of a product

The Green Mile Symbolism Essay - 1787 Words

The film, The Green Mile, portrays several deep religious themes through symbolism to portray the main character John Coffey. The ideas of Christianity are shown through several of these underlying themes. The cross and God are the key religious symbols portrayed throughout this movie. Some of the main themes I will talk about are capital punishment, racism and Christianity symbols. Also, I will describe ways cinematography is used in the film; some examples are cross cutting, flashback, three shot and close-up. Plot Summary The main prison guard, Paul Edgecomb, has a very serious bladder infection during the movie that distracts him from the outside world. Paul possesses a faith in God and everyday watches inmates enter Death Row. When†¦show more content†¦Before electrocution the primary methods of capital punishment were hanging, firing squad and gas chambers (Dow, 2000). The era of The Green Mile takes place in the 1930s, but Louisiana did not begin to use the electric chair until around 1940. Studies show that King made an error on the timespan in his book (Arbeiter, 2015). Texas was the first state to use lethal injections on prisoners on death row in 1977, and is now the only type of capital punishment used (Dow, 2000). During this time, African Americans experienced prejudice towards them and were not given an equal chance. This statistic will help the audience understand the segregation occurring in this movie; during the early 1930’s about 50% of the Southern towns were African American and the people did not have the right to vote (Dieter, 1998). African Americans were not allowed to marry whites at the time or even date in public. This movie opens with police officers screaming at John Coffey and pointing guns at him. This is the first example of racism shown in the movie. It was found that in 1983 Philadelphia, as well as other states, African Americans were more likely to get the death penalty. Research also shows that 38% of African Americans were given the death penalty over other ethnic groups that committed the same crimes (Dieter, 1998). Even after all this, John Coffey is still the definition of compassion. He has a huge heart full of grace and sorrow. He wants to see moreShow M oreRelatedHenry Lawson Essay + 1 Related Text1316 Words   |  6 Pages2010 HSC Essay Question Compare the ways the distinctively visual is created in Lawson’s short stories and one other related text of your own choosing. In your answer, make detailed references to at least two short stories set for study. Composers in everyday situations use distinctively visuals through the use of elaborate techniques and complex word choice. These visuals are vivid and very clear; so it helps the responder visualise the text and therefore relate to the texts and also deepenRead MoreA Plo Summary of Looking For Alaska by John Green537 Words   |  2 PagesPlot Summary: Miles Halter moves from Florida home to go to Culver Creek Preparatory School in Alabama. Miles’ roommate, Chip The Colonel Martin gives Miles a nickname of his own Pudge. The Colonel introduces him to Alaska Young who Pudge has a crush on. Pudges love for Alaska grow as the novel progresses, but she is dating a college student. She constantly flirts with him throughout the whole book. While they’re talking, Alaska tells everyone that her mother died of a brain aneurysmRead MoreThe Great Gatsby By F. Scott Fitzgerald Essay1529 Words   |  7 PagesGreat Gatsby, written by F. Scott Fitzgerald, is a novel that is swimming with several types of symbolisms and motifs. Each element helps expand the plot of the storyline and in turn, helps us better analyze the main characters and their thoughts and feelings. The main symbols that will be analyzed in this essay are the eyes of Dr. T.J. Eckleburg and the eyes of ‘Owl Eyes’, the symbolization of the green light and the other colors referenced, and locations like the Valley of Ashes, East and West EggRead MoreCulture of Bangladesh2895 Words   |  12 Pagesof West Bengal, the province of Bengal in British India. With the partition of India in 1947, it became the Pakistani province of East Bengal (later renamed East Pakistan), one of five provinces of Pakistan, separated from the other four by 1,100 miles (1,800 km) of Indian terr itory. In 1971 it became the independent country of Bangladesh, with its capital at Dhaka. ï‚â€" Main culture of the country: ïÆ'Ëœ Hierarchy †¢ Bangladesh is a hierarchical society. †¢ People are respected because of their ageRead MoreThe Apprenticeship of Duddy Kravitz by Mordechai Richler1969 Words   |  8 PagesMordecai Richler(January 27, 1931 – July 3, 2001) was a Canadian author, screenwriter and essayist. He wrote a lot essays about the Jewish community in Canada, and about nationalism as practised by Canadian anglophones and the francophone Quà ©bà ©cois in addition to his fiction. The Apprenticeship of Duddy Kravitz (1959) was one of his best works. Like Duddy in the novel, Mordecai Richler came to Canada as a Jewish immigrant during the times when English was the only official language in Canada (evenRead MoreStructuralism and Interpretation Ernest Hemingways Cat in Ther Ain9284 Words   |  38 Pageshow the linguistic mediation of a story determines its meaning and effect. This is a kind of criticism in which Anglo-American tradition is comparatively strong, because of the close-reading techniques developed by the New Criticism. Mark Shorers essays (1948) and (1949) are classic statements of this approach. The stylistics that developed out of Romance Philology, represented at its best by Spitzer and Auerbach, also belongs in this category. When I wrote my first book of criticism, Language ofRead MoreMilitary Cadences Essay3960 Words   |  16 Pagesmilitary atmosphere. Example: Early one morning in the pouring rain, First Sergeant said it was time for pain, He said, Grab your rock and follow me! Its time we do some rough P.T.! We jogged nine miles and then ran three, The First Sergeants yelling,Follow me! Then we walked two miles and ran eight! Oh, Airborne P.T. sure is great! Subculture The article Audiences a study of subcultures, defines a subculture as an individuals social experience and cultural activities, shapedRead More Pop Cultural Elements of Military Cadences Essay3833 Words   |  16 Pagesmilitary atmosphere. Example: Early one morning in the pouring rain, First Sergeant said it was time for pain, He said, Grab your rock and follow me! Its time we do some rough P.T.! We jogged nine miles and then ran three, The First Sergeants yelling,Follow me! Then we walked two miles and ran eight! Oh, Airborne P.T. sure is great! Subculture The article â€Å"Audiences† a study of subcultures, defines a subculture as an individual’s social experience and cultural activities, shapedRead MoreEudora Welty a Worn Path12166 Words   |  49 Pagesinformation on these eNotes please visit: http://www.enotes.com/worn−path/copyright Table of Contents 1. A Worn Path: Introduction 2. Eudora Welty Biography 3. Summary 4. Characters 5. Themes 6. Style 7. Historical Context 8. Critical Overview 9. Essays and Criticism 10. Compare and Contrast 11. Topics for Further Study 12. Media Adaptations 13. What Do I Read Next? 14. Bibliography and Further Reading 15. Copyright Introduction Eudora Weltys A Worn Path, first published in Atlantic MonthlyRead MoreEudora Welty a Worn Path12173 Words   |  49 Pagesinformation on these eNotes please visit: http://www.enotes.com/worn−path/copyright Table of Contents 1. A Worn Path: Introduction 2. Eudora Welty Biography 3. Summary 4. Characters 5. Themes 6. Style 7. Historical Context 8. Critical Overview 9. Essays and Criticism 10. Compare and Contrast 11. Topics for Further Study 12. Media Adaptations 13. What Do I Read Next? 14. Bibliography and Further Reading 15. Copyright Introduction Eudora Weltys A Worn Path, first published in Atlantic Monthly