tag:blogger.com,1999:blog-61848514957804316462024-03-13T14:31:06.307-07:00Help essay writingJavier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-6184851495780431646.post-43295584223024570762020-08-23T01:38:00.001-07:002020-08-23T01:38:12.041-07:00Welcome Letter Essay Example | Topics and Well Written Essays - 1000 wordsJavier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-67363133483893142992020-08-21T23:20:00.001-07:002020-08-21T23:20:42.217-07:00A Guide to Elliptical ConstructionsA Guide to Elliptical Constructions A Guide to Elliptical Constructions A Guide to Elliptical Constructions By Mark Nichol A circular development is one in which a word or expression inferred by setting is overlooked from a sentence, normally in light of the fact that it is a redundancy of a former word or expression. The three chief sorts of circular development, with the excluded content encased in sections, follow: Thing ellipsis: ââ¬Å"I swam, and John went [swimming], too.â⬠Action word ellipsis: ââ¬Å"She favors rom-coms, and Jane [favors] musicals.â⬠Action word express ellipsis: ââ¬Å"He took a walk, however they didnââ¬â¢t [go for a walk].â⬠In a sentence wherein rehashed components repeat in more than one condition, a comma denotes the elision of these words or expresses, and the provisions are isolated by semicolons: ââ¬Å"Igneous rock is framed from the cooling and hardening of magma of magma; sedimentary, from sedimentation of surface and submerged material; and transformative, from warmth or weight activity on molten, sedimentary, or another changeable sort of rock.â⬠In more straightforward sentences, you may preclude the comma in the event that you likewise supplant a semicolon with a combination: ââ¬Å"Molten rock is called magma in its underground structure and magma during and after eruption.â⬠In any case, on the off chance that you hold the semicolon, hold the marker comma too: ââ¬Å"Molten rock is called magma in its underground structure; magma, during and after eruption.â⬠Circular development is especially valuable when posting insights: ââ¬Å"In 2010, he hit fifty-five homers; in 2009, thirty-seven; and in 2008, forty-six,â⬠or ââ¬Å"In the school political decision, Tom got 345 votes and Tina 322.â⬠Appropriate ellipsis in sentences spoken by various individuals differs: When John says, ââ¬Å"Mary graduated,â⬠Jane can basically answer, ââ¬Å"She did?â⬠as opposed to resounding, ââ¬Å"She did graduate?â⬠or ââ¬Å"Did she graduate?â⬠But on the off chance that John says, ââ¬Å"Mary graduated with honors,â⬠Jane canââ¬â¢t react, ââ¬Å"Jim with most noteworthy honors.â⬠At the point when an action word structure is discarded in one of two occurrences, its redundancy, not its unique appearance, ought to be overlooked: ââ¬Å"My sister has never gone hiking, and never will,â⬠not ââ¬Å"My sister has never and will never go mountain climbing.â⬠(ââ¬Å"My sister has never . . . goâ⬠is ungrammatical.) When utilizing a circular development that in its full structure would utilize the near terms as and than, don't preclude the principal example of the terms before the combination: ââ¬Å"Golden birds are as extensive as and similarly as superb as uncovered eagles,â⬠not ââ¬Å"Golden falcons are as enormous and similarly as great as bare eagles.â⬠Similarly, don't discard than: ââ¬Å"Coyotes are littler than however similarly as amazing as wolves,â⬠not ââ¬Å"Coyotes are littler yet similarly as noteworthy as wolves.â⬠To test for syntactic adequacy, briefly overlook the expression including the combination and the near up to the article: ââ¬Å"Golden falcons are as huge . . . bare eaglesâ⬠and ââ¬Å"Coyotes are littler . . . wolvesâ⬠are ungrammatical. Additionally, make certain to discard just the words not basic for lucidity: ââ¬Å"The transport doesnââ¬â¢t go to or come back from the city,â⬠not ââ¬Å"The transport doesnââ¬â¢t go or come back from the city.â⬠Need to improve your English shortly a day? Get a membership and begin getting our composing tips and activities every day! Continue learning! Peruse the Grammar classification, check our famous posts, or pick a related post below:7 Examples of Passive Voice (And How To Fix Them)English Grammar 101: Verb MoodNarrative, Plot, and Story Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-34522662279291713592020-07-12T03:59:00.001-07:002020-07-12T03:59:02.746-07:00Essay Writing Samples - Using SPM to Improve Your Writing SkillsEssay Writing Samples - Using SPM to Improve Your Writing SkillsNowadays, there are so many freelance writing samples available online, that it can be overwhelming to try to figure out which of these might be the right one for you. We all know that if we were writing this for a business or for our school projects, we would use very specific wording and structure. This is not the case when writing for a thesis.SPM is a completely different format, and I feel as though some of the examples out there are simply 'well-written' versions of others that have been edited. With this format, you have to understand and have a background in how to write with a personal essay, because it isn't about just, well, writing your name on something. The personal details and who you are is what the essay is really about.I believe it's more of a conversation than a direct sales pitch. There's no promises, there's no sales pitch, and it's not a cookie-cutter version of what someone else wrote. This format is the direct result of someone thinking about what it would be like to write for someone else and about having a conversation. This is much more personal than the typical e-mail or forum format of an essay.These types of essays are normally pretty short and should only take up about one or two pages in length. For the most part, you would be able to go from start to finish in a matter of minutes. It takes a good writer to give you all the details in a way that is understandable and engaging.For me, it's most important to know that when I choose to use a freelance writing sample, it will definitely help me in the long run. That's why I make sure that it comes from a person that I am comfortable enough with to not only trust but actually be honest with me about their skills and abilities.When you make it a point to find a person who is truly qualified and who has their own background and expertise, then you will be able to trust them more. You also have to make sure that it's a conte nt person who doesn't try to sell you on some product or service.When you are just beginning to write a personal essay, it can be hard to be objective about what you are writing. However, this is what sex is for. It's meant to give you information and examples so that you can get you head in the right direction and help you organize your thoughts.You will most likely want to use it again at the end of the semester or year, and I'm sure that you will be very pleased with the high quality of work that you receive. Make sure that it's a quality writing sample, and I'm sure that you will find that you'll be able to move on and write the next essay, even if you think you've already had this one down pat. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-62421983203482060032020-05-20T04:11:00.001-07:002020-05-20T04:11:03.166-07:00The American Dream - 758 Words The American Dream is the idea of the United States having an endless opportunity for anyone, regardless of their past, race, beliefs, and their economic life now. In the novel Of Mice and Men written by John Steinbeck, each character was driven to something that they enjoyed or wanted; something they had to work hard for and strive to have it. In the book, many of these objectives were connected to achieve The American Dream. Lennie and Georges American Dream is to pursue their ideal life by owning their own ranch, Candyââ¬â¢s dream is to help Lennie and George buy their ranch and become apart of their little group, and Curleyââ¬â¢s wife was dedicated to become an actress and live the ââ¬Å"big lifeâ⬠in Hollywood. In conclusion, Lennie and Georgeâ⬠¦show more contentâ⬠¦Candy knows how difficult this will be, especially not bringing it up to the boss. Is the boss finds out, they will all be removed from the farm and have no place to go. In conclusion, Candyââ¬â ¢s American Dream is to help Lennie and George earn money and help them achieve their goal in owning a ranch. The American Dream is the ability of an American to proceed their ideas and thoughts through hard work, even when you do not have a connection to it. In Of Mice and Men, Curleyââ¬â¢s Wife had an American Dream of her own. In the book, Curleyââ¬â¢s Wife says she wishes she was out in Hollywood, singing, dancing, and making a ton of money. She says to Lennie, ââ¬Å"Coulda been in the movies, anââ¬â¢ had nice clothes-all them nice clothes like they wearâ⬠(Steinbeck 89). Although Curleyââ¬â¢s Wife never had any connection to Hollywood, she still has the dream of being an actress and not stuck here at some ranch. Her dream started when she was younger and he has had the same dream since now. To sum up, Curleyââ¬â¢s wife has dreamt of being an actress ever since she was a kid. In conclusion, Lennie and George want to live their life on a ranch, Candy wants to pursue Lennie and Georgeââ¬â¢s life with them, and Curleyââ¬â¢s wife wants to become famous in Hollywood; these are their American Dreamââ¬â¢s. Lennie and George want to earn enough money to own their own ranch, Candy wants to help Lennie and George and do whatever he can toShow MoreRelatedImmigrants And The American Dream1362 Words à |à 6 PagesImmigrants and the American Dream In the article ââ¬Å"The American Dreamâ⬠, by James Truslow Adams in The Sundance Reader book, he stated that the American dream is that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and highRead MoreThe American Dream By Kimberly Amadeo1637 Words à |à 7 PagesNowadays, a large number of people migrate to the United States to work and achieve the American Dream. According to the Article ââ¬Å"What is the American Dream?â⬠by Kimberly Amadeo, ââ¬Å"The American Dream was first publicly defined in 1931 by James Truslow Adams in Epic of America. Adamââ¬â¢s often-repeated quote is, ââ¬ËThe American Dream is that dream of land in which life should be better and richer and fuller for everyon e, with opportunity for each according to ability or achievement.ââ¬â¢Ã¢â¬ There are many peopleRead MoreAnalysis Of The Movie The American Dream 754 Words à |à 4 Pages Nyreel Powell Ms. Jones American Literature 1 June 2015 The American dream in A Raisin in the Sun Have you ever had a dream and it didnââ¬â¢t come how you wanted it to be? Have you ever had accomplishments that you wanted to achieve but people were getting in the way of them? 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Although the main ideas of the American Dream remain the same to be educated, economically sound, healthy, to have a family, and equal rights. Many great films and works of literature were created to show case all the different ideas people have for their American Dream. The film ââ¬Å"Grapes of Wrathâ⬠directed by John Ford and the poem ââ¬Å"I Will Fight No More Foreverâ⬠by Chief Joseph, both depictRead More Destruction of the American Dream Essay2145 Words à |à 9 PagesDestruction of the American Dream Iââ¬â¢ve talked about it in the past, the destruction of the American Dream. Always, there have been papers, writings, and thoughts that quantify a particular section of its ultimate demise, be it due to money, education, or sexuality. Maybe the destruction cannot be viewed as a singular event or cause. Perhaps instead it must be examined as a whole process, the decay and ultimate elimination of a dream. Self destruction, if you willâ⬠¦ Mr. Self Destruct Read MoreSuccess As One Of The American Dream1137 Words à |à 5 PagesApril 2015 Success as One of The American Dream When we hear the word ââ¬Å"successâ⬠, we often think of wealth and money. To some people, the embodiment of being success is earning a lot of money. In fact, the concept of success is primarily based on how much money a person earns. However, each person views the definition of success differently. One way to define success is something that has more to do with flash than it does with substance. John Wooden, an American basketball player and coach viewRead MoreJim Cullen And The American Dream2081 Words à |à 9 Pages The American Dream, as defined by Cullen, is starting your goal off with a little and ending with more; it s like a business, you invest in it in order to gain more money. Usually, people will define the American Dream as being able to achieve your goal because everyone is offered opportunities. Cullen does acknowledge that people are born with different opportunities, so he talks about the good life. The good life describes different factors that determine your opportunities. Throughout the otherRead MoreFactors Influencing The American Dream1834 Words à |à 8 Pagesindividual to succumb or to not succumb to the seductions of crime. These three factors are brilliantly portrayed in the television show, Breaking Bad and the novel, The Stick Up Kids. The American Dream is what many American citizens strive for. However, not all of those citizens are able to achieve the American Dream through a legal pathway. The reason an indivudal may not being able to do so is because of his or her background factors. It is important to note that background factors are a fractionRead MoreShark Tank And The American Dream1755 Words à |à 8 PagesShark Tank and The American Dream The TV show Shark tank embodies everything the American dream represents. The show obtains successful Entrepreneurs ready to invest their own money into other Americans wanting to be just like them, reaching the American dream and become a successful entrepreneur. The show presents entrepreneurs working towards the goal of creating a business to not only gain wealth but also change the way we live today. The show is to keep the American dream alive and well while Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-15226642753134443492020-05-06T22:59:00.001-07:002020-05-06T22:59:29.579-07:00Whole Foods Market Case Essay - 1917 Words Case Study: Whole Foods Market 2006: Mission, Core Values and Strategy 1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Founder John Mackey strongly believed in Whole Foodsââ¬â¢ mission to be very selective about store inventory, sticking to the companyââ¬â¢s core values and ensuring that customers had an enjoyable and interactive shopping experience, while keeping with planned strategies that have set them apart from their competitors. Store Development and Growth Strategy: Prior to 2002, Whole Foodsââ¬â¢ strategy for expansion meant the acquisition of smaller, similar chains. The obstacle here was that acquisitions proved to be very limiting in square footage as well as location. Since 2002, Wholeâ⬠¦show more contentâ⬠¦In addition, employees are given many options with regards to their work schedules, benefits and company profit sharing. Whole Foods recognizes that employees are who are happy or at least satisfied, will be more engaged in their jobs. 2. Is the strategy well matched to recent developments and conditions in the natural and organic foods segment of the food retailing industry? 2000 marked the official start when conventional supermarkets began selling organic food in efforts to gain a foothold in the industry. Designated the first ââ¬Å"Certified Organicâ⬠grocer by Quality Assurance International in 2003 , Whole Foods had already led the way in setting the standards in the organic food retailing industry, particularly with inventory and store environment. Some conventional stores such as Safeway and Kroger began stocking their butcher counters with organic beef and chicken when consumer demand for these and other organic products grew 7 ââ¬â 9 percent annually. The result was Whole Foods struggled to locate other suppliers to maintain their own inventory of organic meat. Other grocery store chains such as Albertsonââ¬â¢s, have adopted a similar interior as Whole Foods, where foods are displayed in pleasant lighting, in a background of natural materials and colors, in attempts to keep those customers who might leave to get a few ite ms at Whole Foods. So while Whole Foods has set the bar in the organic food industry, itââ¬â¢s competitors are demonstratingShow MoreRelatedWhole Foods Market Case Analysis1687 Words à |à 7 PagesWhole Foods Market Case Analysis Whole Foods Market has received recognition as recent as January 27th 2011 when CNBC aired Supermarkets Inc: Inside a 500 Billion Money Machine. ââ¬Å"Whole Foods is arguably the most influential, and by some measures, the most successful supermarket chain in the world. The specialty gourmet store has grown into a Fortune-300 company offering specialty foods and locally grown organic produce.1â⬠CNBC goes on to state that even ââ¬Å"Established brands like Safeway, Giant EagleRead MoreWhole Foods Market Case Essay2230 Words à |à 9 Pagesï » ¿ Whole Foods Overview Whole Foods Market is a natural and organic grocery store that strives to provide its customers with the highest quality foods and freshest foods available. They want to commit to making shopping at their many stores around the world an enjoyable and interesting experience that will make people want to come back and shop. They are trying to reach out to more customers especially with the way the economy is to be able to build their empire even greater. Whole Foods isRead MoreCase Study : Whole Foods Market1370 Words à |à 6 Pages Performance Mangement-4013 Assignment Title: Whole Foods Market Report by: Kiranpal Mann Student #: c0645417 Date: 1st March 2016 Table of contentsRead MoreWhole Food Markets Case Analysis Essay1986 Words à |à 8 PagesRunning Head: GROUP CASE ANALYSIS WEEK 6 Group Case Analysis WEEK 6 Whole Foods Markets, Inc. Executive Summary: Existing mission, objectives, and strategies: According to Strategic Management Concepts and Cases, written by F. David, Whole Food Market, Inc.ââ¬â¢s current mission statement is as follows, ââ¬Å"to promote the vitality and well-being of all individuals by supplying the highest quality, most wholesome foods availableâ⬠(DavidRead MoreCase Analysis: John Mackey, Whole Foods Market Essay examples1702 Words à |à 7 PagesEric Smith Christine Hill Organizational behavior January 24, 2013 Case Analysis: John Mackey, Whole Foods Market 1. What role, if any, does McGregorââ¬â¢s Theory Y play at Whole Foods? Explain. According to Kreitner and Kinicki (2013) McGregor contrasted two views on human nature by insisting that Theory Y assumes that people are more positive at work, and believed managers could accomplish more by viewing employees as such (p.9). The other outdated theory, is Theory X, which is a moreRead MoreWhole Food Markets Case2003 Words à |à 9 PagesCase Analysis ââ¬â Whole Foods Market Comfy Shoes Don Meador, Mike Britton, Paige Phillips, Andrew Howery I. II. Introduction: By 2006, Whole Foods Market had evolved into the ââ¬Å"worldââ¬â¢s largest retail chain of natural and organic foods supermarkets.â⬠Their rapid growth and success is primarily due to being highly selective about what they sell, as well as being dedicated quality standards and core values. Whole Foodââ¬â¢s stated mission statement was to ââ¬Å"promote vitality and well-being for allRead MoreCase Analysis On Whole Foods Market1577 Words à |à 7 Pages Case Analysis on Whole Foods Market Wanda I. Ramos Trident University BUS 599: Title of Course Professorââ¬â¢s Name July 16, 2015 Abstract Case analysis are detailed descriptions of real management situations. In the case analysis below on Whole Foods Market, the objective was to analyze the organizationââ¬â¢s strategy in the market, as well as looking at their mission and values, and how they have applied them and grown. By applying concepts to actual cases, we improve your ability to thinkRead MoreWhole Foods Market Case Analysis1768 Words à |à 8 PagesWHOLE FOODS MARKET, 2005: WILL THERE BE ENOUGH ORGANIC FOOD TO SATISFY THE GROWING DEMAND? Introduction Whole Foods Market has developed into the worldââ¬â¢s largest retail chain of organic foods supermarkets. Their fast growth success is mainly due to being high selective core values. The company employs more than 32000 workers and also with an average size of store of approximately 3000 square metres. Analysis General environment Economic An affluent Organization for Economic Co-operationRead MoreWhole Foods Market Inc. Case Study Essay1200 Words à |à 5 PagesAccording to the Whole Foods Market Inc. case, study shows that Whole Foods Market is an American supermarket chain exclusively featuring foods without artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats. It is the United States first certified organic grocer, which means it ensures, to National Organic Program standards, organic integrity of the heterogeneous products from the time they reach stores until they are placed in a shopping cart. Whole Foods Market Inc. opened itsRead MoreCase Study Whole Foods1155 Words à |à 5 PagesCase Study assignment 1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Fresh natural and organic foods and products with no preservatives or artificial ingredients. Promote healthier eating/lifestyle and increasing consumer knowledge/education of food safety, environment and how pesticides affect the land as well as the human body. 2. Is the strategy well matched to recent developments and conditions in the natural and organic foods segment of the food retailing Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-10528170827064972972020-05-06T07:22:00.001-07:002020-05-06T07:22:44.637-07:00Trend of Hedge Fund Strategies Question: Discuss about the Trend of Hedge Fund Strategies. Answer: Introduction The organization that we will analyze in this paper is Santos Ltd. The company is listed in the Australian stock exchange, and is classified in the EWnergy category of the bourse. The core activities of the company is exploration, and development of hydro carbons. The company is also involved in drilling of oil wells in Indonesia, Papua gunea, Malaysia among other countries. The company has other interests in a project known as GNLG that produces LNG. The companys Chief finance officer is known as John Andrew Seaton. In this paper, we shall analyse on the role of a Chief financial offiucer to the company and how his roles affect the companys future objectives (Ainslie, 2002). The modern accounting department has changed in various companies. The chief finance officer is a the head of the finance department and therefore, all the issues relating to finances of the company are either approved and authorized by the chief finance officer. This position requires a person who is level headed, competent and has a vast wealth of experience in the accounting department to be ablwe to handle such a position. Most importantly, for a listed company such as Santos Ltd it is essential for the company to have a chief finance officer who is knowledgeable in matters financial as the shareprices can be affected by various factors in the market. Therefore, an experienced CFO ensures that the shareholders as well as the management are confident that the companys financials will be handled in accordance to the various accounting standards and also have complied with the law. Responsibilities of a CFO Just as any other company, the Chief finance officer of Santos Ltd has got various responsibilities that make him one of the most important member of the company. First, the chief finance officer has controllership dutries. This includes ensuring that the company has has tightened its systems to prevent fraud that may happen in the company. Proper internal controls are instituted by the internal auditor together with the chief finance officer. There have been numerous scandals that have hit big companies including those that are listed (Barnes, 2009). A very common example is the accounting scandal that hit enron. Consequently, this scandals lead to the company being delisted from the stock exchange. To prevent the occurrence of such a situation it is necessary that proper measures are put in place to prevent fraud and therefore safeguarding the companys assets including cash. The Chief finance officer ensures that propers and strong systems are put in ythe organization such that the shareholders are confident that there cannot be any loss of their money (Guizot, 2007). Most of the listed companys use complex systems to perform in their accounting and finance department the major systems that are used and presumed to be strong are the SAPs. Hence this motivates the investors and the people who are potential customers to put more funds into the company. The second role of a Chief finance officer is making all the decisions that relate to finances. There are many decisisons that the chief finanace officer does. This includes investment decision, financing decision and devident payout decisions. All these decisions are critical to the performance of the company hence the CFO should make them having in mind that any decision can affect the shareholders wealth negatively and make the price of the stocks to plummet. These decisions also affect the operations of the company as they affect the cashflow of the company. The CFO is supposed to evaluate and assess all the projects that the company intends to undertake and advice the managegement as well as the board on the suitabiliuty of each project having analysed their returns as well as the capital outlay that is required for each project. Having said that it is important to note that the chief finance officer has a place in every meeting that is called upon by the board of the company as well as the management (Mak, 2006). The second decision made by the CFO is the financing decisions, The chief finance officer suggests the ideal capital mix that the company should use in its projects. Capital mix refers to the ratio of debt and equity that is used for various projects. This capital mix has several implications to the company. Thjis is because when a company uses more debt than capital it incurs less tax liability. On the other hand when equity is used the company does not incur any interest on debt so both ways there are advantages. This are th e decisions that the CFO makes and advices the board accordingly regarding the most appropriate capital mix. The third decision is the dividend that is to be paid to shareholders. For every company the priority is to make the owners wealthier, hence when dividends are paid the CFO has to strike a balance between making the shareholders happy and ensuring that the company has not been affected in terms of cashflows. Dividends affects the acshflows and therefore a payout cannot be done when there is an impending project that requires capital. The third role of a chief finance officer is administration and overseeing activities in the finance department. The chief finance officer heads the finance and accounting department therefore depending on the size of the company the CFO will either have to do some of this duties personally or delegate the functions to other members of the department such as the accountant or the accounts assistant. Such duties include payment of suppliers, receiving payments from the customers, negotiating on the payment periods of both the creditors and debtors. Processing of the payroll is also a duty that falls under the administrative functions of a chief finance officer. In companys that have a very large number of staff this duty is supposed to be undertaken by the Human resource officer, however, the CFO approves the funds that are meant to be used to pay hence he has a role in overseeing the process. Tax administration and advice is also a duty of the CFO(McCrary, 2005). CFOs responsibilities and their impact to Santos ltd Corporations such as Santos limited have a very big finance department that is responsible for all financial requirements of the company. However, its head is the overall leader of the company finances and is responsible for varous activities and functions associated with finance and financial matters. The chief financial officer of santon company limited is responsible for increasing the wealth of the shareholders by adding the value of the shareholders investment. He is responsible of increasing the value worth of the company in form of financial diversification. Although its not easy being the financial manager of the company as big as santon, it has several responsibilities that make it a very crucial docket in the company. A good experience and professional background ensures that the chief financial officer is competent in handling matters finance of the company as well as improving the liquidity of the company. The most important asset of a company in short term basis is the financial might or the cash flow of the company. Santo limited chief executive officer must ensure that the operating, financing and investing activities in the cash flow statements are balanced and the net cash flow statements is healthy for the companies operations. He/ she is responsible for directing or advising the management committees and the board of directors on the importance of a positive cash and cash equivalent of the company (Nelken, 2006). The ultimate decision made by the chief finance officer assisted by senior and junior members of the finance department is to increase the return on investment of the shareholders through prudent management of the financial resources given to the company and to improve the profitability through good financial decisions. To make this decisions , the finance officer is responsible to cut down on unnecessary spending of the companys finances while increasing the financial investments through planned spending. Although cost cutting is a decision reached upon by the top brass of the company management, major decisions can be attributed to an efficient chief financial officer who knows the purpose and objectives of the company. Financial decisions may include choices on investment to be placed by santon limited in Australia. The choices are placement of major finances in government stocks which are less risky and have a high reward and diversification strategies for the company. He is a decision maker and advices the board on the proper investment of finances so as to award the shareholders with best possible return on investments (Ross, Westerfield and Jaffe, 2002). Santon limited has a very good chief finance officer who has kept the company as liquid as possible to compete with other established companies within the same industry. Taxation matters and dividend desisiona are also done in deliberation with the chief finace officer of the company (Ross, Westerfield and Jaffe, 2002). The government of Australia is very strict on matters taxation, therefore the company has hired the best chief financial officer from a pool of many experienced and well trained financial experts. It is in this regrd that the company has remained a good bet on profitabity due to well managed liquidity and credit risks by the same chief financial officer. Increased profitability levels is comensulate to high dividend levels of the company. Efficient market hypothesis Market theories in a stron competitive market shows a market that is all rounded and there is all available information available in the system for decision making. Every invetsment manager and in a hedge fund must analyse the importance of every form of market efficiencies inorder to invest in the market. Selecting portfolio in a pin by a fund manager Investment of a pool of shareholders fund is guided by several factors among them; competition, market demand and supply of investment and the availabel amount of money to be invested. Other factors include the availability of risks associated with the investment and the return on ivestemnt on the investment. Market efficiencies plays a key role in all these factors of investments. The choices are placement of major finances in government stocks which are less risky and have a high reward and diversification strategies for the company Weak, Semi-Solid and Strong The second understands that occurs when contributions include past information and all public about their fundamental. And the latter also incorporates all data and nobody can get superior performance (Watanabe, 2010). The news is not yet disclosed which will be incorporated in the price and expectation soon moved to its value. In that text, the markets are efficient in strong or full meaning.That is the real world, because all investors to seek out such data, not captured by the model of efficiency. Under this hypothesis, time, money and effort spent on analysis of the intrinsic value of the securities will be useless. If there is indeed a day for the other, all equipment and research analysts of banks would be fired, because "the stock price is random and it is not possible to know in advance. Therefore, consuming research reports and daily purchase or investment newsletter subscriptions: all the news publicly available or paying for it is likely to be used to forecast stock price s (Watanabe, 2010). This process is massive and occurs very fast and it is this dynamic which ends up making efficient markets. The efficiency per se does not exist, but it is a daily, decentralized task that fits millions of people around the world. Market efficiencies shows how effective a specific market is. A strong market effiiciecy encourages massive investments and trading of finances by the chief finance officer of the company. It should be noted that weak and semi strong market efficiencies are also markets to be invested in but do not attrct as much as the strong market efficieny. This process is massive and occurs very fast and it is this dynamic which ends up making efficient markets. The efficiency per se does not exist, but it is a daily, decentralized task that fits millions of people around the world. CFOs responsibilities and their impact to BHP Billiton Corporations such as Santos limited have a very big finance department that is responsible for all financial requirements of the company. However, its head is the overall leader of the company finances and is responsible for varous activities and functions associated with finance and financial matters. The chief financial officer of santon company limited is responsible for increasing the wealth of the shareholders by adding the value of the shareholders investment. He is responsible of increasing the value worth of the company in form of financial diversification. Although its not easy being the financial manager of the company as big as santon, it has several responsibilities that make it a very crucial docket in the company. A good experience and professional background ensures that the chief financial officer is competent in handling matters finance of the company as well as improving the liquidity of the company. The most important asset of a company in short term basis is the financial might or the cash flow of the company. Santo limited chief executive officer must ensure that the operating, financing and investing activities in the cash flow statements are balanced and the net cash flow statements is healthy for the companies operations. He/ she is responsible for directing or advising the management committees and the board of directors on the importance of a positive cash and cash equivalent of the company. The ultimate decision made by the chief finance officer assisted by senior and junior members of the finance department is to increase the return on investment of the shareholders through prudent management of the financial resources given to the company and to improve the profitability through good financial decisions. To make this decisions , the finance officer is responsible to cut down on unnecessary spending of the companys finances while increasing the financial investments through planned spending. Although cost cutting is a decision reached upon by the top brass of the company management, major decisions can be attributed to an efficient chief financial officer who knows the purpose and objectives of the company. Financial decisions may include choices on investment to be placed by santon limited in Australia. The choices are placement of major finances in government stocks which are less risky and have a high reward and diversification strategies for the company. He is a decision maker and advices the board on the proper investment of finances so as to award the shareholders with best possible return on investments. Santon limited has a very good chief finance officer who has kept the company as liquid as possible to compete with other established companies within the same industry. Taxation matters and dividend desisiona are also done in deliberation with the chief finace officer of the company. The government of Australia is very strict on matters taxation, therefore the company has hired the best chief financial officer from a pool of many experienced and well trained financial experts. It is in this regrd that the company has remained a good bet on profitabity due to well managed liquidity and credit risks by the same chief financial officer. Increased profitability levels is comensulate to high dividend levels of the company. Efficient market hypothesis Market theories in a stron competitive market shows a market that is all rounded and there is all available information available in the system for decision making. Every invetsment manager and in a hedge fund must analyse the importance of every form of market efficiencies inorder to invest in the market. Selecting portfolio in a pin by a fund manager Investment of a pool of shareholders fund is guided by several factors among them; competition, market demand and supply of investment and the availabel amount of money to be invested. Other factors include the availability of risks associated with the investment and the return on ivestemnt on the investment. Market efficiencies plays a key role in all these factors of investments. The choices are placement of major finances in government stocks which are less risky and have a high reward and diversification strategies for the company Weak, Semi-Solid and Strong The second understands that occurs when contributions include past information and all public about their fundamental. And the latter also incorporates all data and nobody can get superior performance. The news is not yet disclosed which will be incorporated in the price and expectation soon moved to its value. In that text, the markets are efficient in strong or full meaning.That is the real world, because all investors to seek out such data, not captured by the model of efficiency. Under this hypothesis, time, money and effort spent on analysis of the intrinsic value of the securities will be useless. If there is indeed a day for the other, all equipment and research analysts of banks would be fired, because "the stock price is random and it is not possible to know in advance. Therefore, consuming research reports and daily purchase or investment newsletter subscriptions: all the news publicly available or paying for it is likely to be used to forecast stock prices. This process i s massive and occurs very fast and it is this dynamic which ends up making efficient markets. The efficiency per se does not exist, but it is a daily, decentralized task that fits millions of people around the world. Conclusion Market efficiencies shows how effective a specific market is. A strong market effiiciecy encourages massive investments and trading of finances by the chief finance officer of the company. It should be noted that weak and semi strong market efficiencies are also markets to be invested in but do not attrct as much as the strong market efficieny. This process is massive and occurs very fast and it is this dynamic which ends up making efficient markets. The efficiency per se does not exist, but it is a daily, decentralized task that fits millions of people around the world. References Ainslie, L. (2002). Hedge fund management. Charlottesville, Va.: Association for Investment Management and Research. Barnes, P. (2009). Stock market efficiency, insider dealing and market abuse. Farnham, Surrey, England: Gower. Brealey, R. and Myers, S. (1991). Principles of corporate finance. New York: McGraw-Hill. Guizot, A. (2007). The hedge fund compliance and risk management guide. Hoboken, N.J.: John Wiley Sons. Helbk, M., Lindest, S. and McLellan, B. (2010). Corporate finance. New York: McGraw-Hill. Horwitz, R. (2004). Hedge fund risk fundamentals. Princeton, NJ: Bloomberg Press. Mak, D. (2006). Mathematical techniques in financial market trading. Hackensack, N.J.: World Scientific. McCrary, S. (2005). Hedge fund course. Hoboken, N.J.: J. Wiley. Moles, P. (2011). Corporate finance. Hoboken, N.J.: Wiley. Nelken, I. (2006). Hedge fund investment management. Amsterdam: Elsevier/Butterworth-Heinemann. Read, C. (2013). The efficient market hypothesists. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan. Ross, S., Westerfield, R. and Jaffe, J. (2002). Corporate finance. Boston, Mass.: McGraw-Hill/Irwin. Ross, S., Westerfield, R. and Jaffe, J. (2005). Corporate finance. Boston: McGraw-Hill/Irwin. Shain, R. (2008). Hedge fund due diligence. Hoboken, N.J.: Wiley. Strachman, D. (2012). The fundamentals of hedge fund management. Hoboken, N.J.: John Wiley Sons, Inc. Watanabe, Y. (2010). The recent trend of hedge fund strategies. New York: Nova Science Publishers. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-27016438964276414322020-04-23T14:23:00.001-07:002020-04-23T14:23:02.685-07:00Post Graduate free essay sample In addition, the study group had encouraged her to illustrate her tentative answers with numerical illustrations using case data. Prior Knowledge Kim understood from the background readings assigned for her accounting course that Generally Accepted Accounting Principles (GAAP) defined liabilities as ââ¬Å"Probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or provide services to other entities in the future as a result of past transactions or events. â⬠Kim also knew under International Financial Reporting Standards (IFRS) that liabilities were recognized on the balance sheet when ââ¬Å"It is probable that an outflow of resources embodying economic benefits will result from the settlement of a present obligation and the amount at which the settlement will take place can be measured reliably. â⬠Further, Kim understood from her readings that there was a special set of accounting rules covering contingent liability recognition and disclosure. Under GAAP, a contingency is an existing condition involving uncertainty as to possible gain or loss. We will write a custom essay sample on Post Graduate or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-68309573371841811772020-03-17T12:13:00.001-07:002020-03-17T12:13:02.558-07:00ES Cells essaysIdeas for My Paper/ ES Cells essays Embryonic stem (ES) cells are considered the ultimate stem cell because of their dual ability to proliferate and to differentiate into all the cells and tissues of the body. But they are ethically contentious because five-day-old embryos have to be destroyed to derive them. Adult stem cells show promise as an ethically preferable alternative, but scientists have not been able to show that they are as versatile as ES cells. The two papers featured in this web focus highlight the promise of both avenues of research, one describing a kind of adult stem cell that may turn out to be just as versatile as ES cells, and the other showing that ES cells can generate neurons to effectively treat symptoms of Parkinson's disease in a rat model. Now, Catherine Verfaillie and her colleagues at the University of Minnesota, Minneapolis, have isolated an adult stem cell from cultured human, rat and mouse bone marrow mesenchymal stem cells, called MAPCs - for mesenchymal adult progenitor cells. Like ES cells, these cells multiply indefinitely in culture. Injected into mouse embryos, the mouse cells differentiate into most, if not all, of the cell types in the body. In a separate paper, Ron McKay and colleagues at the National Institute of Neurological Disorders and Stroke, Bethesda, Maryland, show that mouse ES cells be used in cell replacement therapy in an animal model of Parkinson's disease. From cultured ES cells, the group generated a large supply of neurons that produce dopamine. The neurons functioned normally and gave clear behavioural responses when grafted into the brains of rats that model Parkinson's disease. Together the papers show two different approaches for isolating powerful, pluripotent stem cells with clear therapeutic potential. However many fundamental questions remain about how ES cells and MAPCs function in a biological context, and how they can best be harnessed for medical benefit. It will be exciting to watch the ans ... Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-84057096683340373312020-03-01T04:00:00.001-08:002020-03-01T04:00:03.165-08:00How to Convert Fahrenheit to KelvinHow to Convert Fahrenheit to Kelvin Fahrenheit and Kelvin are two common temperature scales. The Fahrenheit scale is used in the United States, while Kelvin is an absolute temperature scale, used worldwide for scientific calculations. While you might think this conversion wouldnt occur much, it turns out there is a lot of scientific and engineering equipment that uses the Fahrenheit scale! Fortunately, it is easy to convert Fahrenheit to Kelvin. Fahrenheit to Kelvin Method #1 Subtract 32 from the Fahrenheit temperature.Multiply this number by 5.Divide this number by 9.Add 273.15 to this number. The answer will be the temperature in Kelvin. Note that while Fahrenheit has degrees, Kelvin does not. Fahrenheit to Kelvin Method #2 You can use the conversion equation to perform the calculation. This is especially easy if you have a calculator that allows you to enter the whole equation, but its not difficult to solve by hand. TK (TF 459.67) x 5/9 For example, to convert 60 degrees Fahrenheit to Kelvin: TK (60 459.67) x 5/9 TK 288.71 K Fahrenheit to Kelvin Conversion Table You can also estimate a temperature by looking up the closest value on a conversion table. There is a temperature where the Fahrenheit and Celsius scales read the same temperature. Fahrenheit and Kelvin read the same temperature at 574.25. Fahrenheit (à °F) Kelvin (K) -459.67 à °F 0 K -50 à °F 227.59 K -40 à °F 233.15 K -30 à °F 238.71 K -20 à °F 244.26 K -10 à °F 249.82 K 0 à °F 255.37 K 10 à °F 260.93 K 20 à °F 266.48 K 30 à °F 272.04 K 40 à °F 277.59 K 50 à °F 283.15 K 60 à °F 288.71 K 70 à °F 294.26 K 80 à °F 299.82 K 90 à °F 305.37 K 100 à °F 310.93 K 110 à °F 316.48 K 120 à °F 322.04 K 130 à °F 327.59 K 140 à °F 333.15 K 150 à °F 338.71 K 160 à °F 344.26 K 170 à °F 349.82 K 180 à °F 355.37 K 190 à °F 360.93 K 200 à °F 366.48 K 300 à °F 422.04 K 400 à °F 477.59 K 500 à °F 533.15 K 600 à °F 588.71 K 700 à °F 644.26 K 800 à °F 699.82 K 900 à °F 755.37 K 1000 à °F 810.93 K Do Other Temperature Conversions Converting Fahrenheit to Kelvin is not the only temperature conversion you may need to be familiar with. You may want to learn to convert between Celsius, Fahrenheit, and Kelvin in any combination Celsius to FahrenheitFahrenheit to CelsiusCelsius to KelvinKelvin to FahrenheitKelvin to Celsius Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-61688118631480066032020-02-13T19:25:00.001-08:002020-02-13T19:25:02.996-08:00Social Change Essay Example | Topics and Well Written Essays - 750 words - 4Social Change - Essay Example There certainly have been various debates regarding the best form of governance that will maintain the Social Order or the Social Coherence of the people in general. The idea of society was born out of the fact that there needed to be a social coherence and security. As we can see in Scott Sernauââ¬â¢s essay, regarding the development of governance, right from the tribal days to the present kind of welfare-state; the present-day types of governance didnââ¬â¢t just sprout from the ground. It has taken a natural course until the time of the development of socialism by various philosophers. Post the era of socialism, there has been the interference of imperialistic rule, attacks against socialism-in the form of pseudo-capitalism etc. Let us look at five varied kinds of governance and compare the cases in depth. To begin from the beginning, governance was essentially Autocratic, which lent major amounts of power to one single ruler, who was determined to bring the people together and control their behavior. This formed the beginning of any kind of governance maintaining the premise that Humans essentially need to be governed. Usually the person who governed such states was known as a ââ¬Ëdictatorââ¬â¢ or an ââ¬Ëautocratââ¬â¢. (Perlman 1). The state was given birth to, by this kind of a rule, which marked the beginning of governance and governments. The rule is thereby continued by way of Nepotism, since; usually the throne of the ruler is taken over by the son or any other close descendant of the ruler. Autocracy or Chiefdom, slowly led to the formation of the nation-state. The formation of the nation-state is one of the more modern phenomenon since the times of the ââ¬Ëdespotsââ¬â¢. This is the kind of governance that eventually led to the two World Wars. It is important to know the implications of the Nation-State since it led to the formation of ruling and opposition parties which is practiced even until today. There came to be collective consciousness among the Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-5248604410577258602020-02-01T12:03:00.001-08:002020-02-01T12:03:04.179-08:00Secularization in Britain-Sociology Dissertation EssaySecularization in Britain-Sociology Dissertation - Essay Example How are these factors represented in the United Kingdom? In general, secularization is still the word of the day, yet while in the past trends directed almost exclusively towards secularization, now there are mixed trends leading both towards and away from secularization. Secondary data analysis is the reuse of quantitative data, the analysis of data collected by others. The following secondary data analysis is essential to guiding our research. First: It is important for us to understand the theoretical approaches of those who have gone before us. As the secularization theory (McGee) we review below indicates, things that might seem to be a sign of one thing (desecularization) can actually be a sign of another (secularization) if interpreted under a different framework. Understanding what data means, not just prior data, is essential. Second: It's impossible to identify trends without introducing longitudinal data. Thus, surveyed below are studies primarily from the 2000s, but with data and trend analysis going back much earlier than that. Third: To hedge against bias and presuppositions, it is vital to see what others think. The data below is drawn from a number of sources, including multiple major analyses of the UK's religiosity: An analysis of churchgoing; an analysis of the UK as compared to other countries; and longitudinal trends. The variety of sources is essential to get many different handles on the idea of secularization. As our data indicate, the exact definition and amount of religiosity is not something that can be ascertained from one vector. Someone can identify themselves as an atheist yet admit to prayer; someone can view themselves as not especially religious yet be uneasy with the idea of teaching evolution in the schools. We thus chose to look for many different factors to truly understand the face of secularization in the UK. Variables chosen include self-identification as religious or atheistic/agnostic, which is vital for understanding secularization since a secular society should presumably have more secular people; the degree of belief in prayer; the degree of value that people place on religion, such as people's beliefs that religion makes one a better person or causes wars and conflict; belief in evolution, an important specific choice because it acts as a prima facia plausibility test to see if the other variables might be exaggerating the secularization and overestimating its practical and social impact; etc. We did not focus on specific sectarianism as it generally is not important for the way that secularization is proceeding. The limitations of the data analysis below are obvious. The longitudinal data is good but doesn't take into account a broad enough set of variables or ways that people behave. Anomalies emerge, like a general trend towards secularization alongside increased scepticism about evolution. Secondary Data Analysis Unquestionably, the historical trend in the UK has been towards secularizati on. Brierly (1989) found that from 1900 to 1985 the trend was overwhelmingly towards more secularization, and predicted this trend would continue. The British Social Attitudes (2010) studies confirm this fact. The number of people from Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-7879000458145079202020-01-24T08:27:00.001-08:002020-01-24T08:27:02.633-08:00Nonuniversal Effects in Bose-Einstein Condensation :: Albert Einstein Gases Science Essays Nonuniversal Effects in Bose-Einstein Condensation In 1924 Albert Einstein predicted the existence of a special type of matter now known as Bose-Einstein condensation. However, it was not until 1995 that simple BEC (Bose-Einstein condensation) was observed in a low-density Bosonic gas. This recent experimental breakthrough has led to renewed theoretical interest in BEC. The focus of my research is to more accurately determine basic properties of homogeneous Bose gases. In particular nonuniversal effects of the energy density and condensate fraction will be explored. The validity of the theoretical predictions obtained is verified by comparison to numerical data from the paper begin{it}Ground State of a Homogeneous Bose Gas: A Diffusion Monte Carlo Calculation end{it} by Giorgini, Boronat, and Casulleras. end{abstract} %dedicate{To my parents for their supporting me through college, %to God for all the mysteries of physics, and to Jammie for her %unconditional love.} %newpage %tableofcontents newpage section{Introduction} à à à à à The Bose-Einstein condensation of trapped atoms allows the experimental study of Bose gases with high precision. It is well known that the dominant effects of interactions between the atoms can be characterized by a single number $a$ called the S-wave scattering length. This property is known as begin{it}universalityend{it}. Increasingly accurate measurements will show deviations from universality. These effects are due to sensitivity to aspects of the interatomic interactions other than the scattering length. These effects are known as begin{it}nonuniversalend{it} effects. Intensive theoretical investigations into the homogeneous Bose gas revealed that properties could be calculated using a low-density expansion in powers of $sqrt{na^3}$, where $n$ is the number density. For example the energy density has the expansion begin{equation} frac{E}{N} = frac{2 pi na {hbar}^2}{m} Bigg( 1 + frac{128}{15sqrt{pi}}sqrt{na^3} + frac{8(4pi-3sqrt{3})}{3}na^3 (ln(na^3)+c) + ... Bigg) label{en} end{equation} The first term in this expansion is the mean-field approximation and was calculated by Bogoliubov cite{Bog}. The corrections to the mean-field approximation can be calculated using perturbation theory. The coefficient of the $(na^3)^{3/2}$ term was calculated by Lee, Huang, and Yang cite{LHY} and the last term was first calculated by Wu cite{wu}. Hugenholtz and Pines cite{hp} have shown that the constant $c_1$ and the higher-order terms in the expansion are all nonuniversal. Giorgini, Boronat, and Casulleras cite{GBC} have studied the ground state of a homogeneous Bose gas by exactly solving the N-bodied Schr"odinger (to within statistical error) using a diffusion Monte Carlo method. à à à à à In section II of this paper, theoretical background relevant to this problem is presented. Section III is a brief summary of the numerical data from Giorgini, Boronat, and Casulleras. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-29249291746044642392020-01-16T04:51:00.001-08:002020-01-16T04:51:03.302-08:00Non-violent Methods are Better Way of Training ChildrenAs we know, physical punishment has always been an effective way for training animals. Once they become wild, flinging the whip is what we do to make them being well-behaved. However, does it work for training children? Are their behaviors all get better and better after that? In my point of view, I strongly object parents who admire that physical punishment is the best way to teach and train their own children. Although the pain of body is easy to make people learn the lesson, on the other hand, it may also be easy to leave the scars on body and heart, cause family problems and losing the opportunities for children to judge the right and wrong by themselves own.First of all, even the pain of punishment will disappear, the scars on body and heart somehow will remain for the entire life. With no doubt, teaching children not to spill the milk on the floor by simply slapping on their bottoms would be a rapid way to warn them not to make the same mistake again. However, I think your chil dren would remember how bad you treat them more than the lesson theyââ¬â¢ve learned and reflect this rage on their children in the future by teaching them in same way. In addition, some researches even have shown the causes of some criminalââ¬â¢s psychological problems can be traced back to their parentsââ¬â¢ serious physical punishment or even abuse. The former dictator of Iraq Saddam Hussein would be a good example.Second, without violence in the house, I believe children will have a happier childhood and get along with their parents better when they grow up. If we observe the relationship between parents and children more carefully, it is not hard to find out the happiness existing in the house is not only connected to childrenââ¬â¢s behavior but also parentsââ¬â¢. After all, simply punish them physically canââ¬â¢t make them easier to understand what exact the mistake they make because they only know itââ¬â¢s wrong but donââ¬â¢t know why it is wrong. Howev er, although it takes more time, if you explain to them why they do is wrong and what bad results they may cause instead of punish them, then it would be easier to make them understand this mistake can not be done again without making an awkward atmosphere in the family.Finally, to let the children know what is right and what is wrong, I think the best way for them is to experience and judge by themselves. Like I mentioned above, the most important principle is let them know why itââ¬â¢s wrong. Once they find out, then their brain will naturally tell them not to do it before they get hurt (no matter by themselves or parents). For instance, even you strongly warned your children donââ¬â¢t get too close to the fire, they still want to touch and feel it what it is. But once they suffer from the pain of burning, I assure you they donââ¬â¢t dare to do it again on purpose.To make a conclusion, I think physical punishment is not the best way to train children. Although it is fast and effective sometimes, you will never know what consequences it may bring in the future. After all, compared to the bad relationship and many problems it may cause, the long time it takes to teach a child in a liberal and gentle way seems very worthy. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-60028183126537271272020-01-08T01:14:00.001-08:002020-01-08T01:14:03.395-08:00The Myth of Race - Free Essay Example Sample details Pages: 2 Words: 649 Downloads: 6 Date added: 2019/02/05 Category Society Essay Level High school Tags: Racism Essay Did you like this example? Eric A. Watts and Robert Wald Sussman are successful authors and known for their passages. They both write an article that explores how racism being used and the origin of racism. Donââ¬â¢t waste time! Our writers will create an original "The Myth of Race" essay for you Create order The Color of Success is an article written by Eric A. Watts, and The Myth of Race written by Robert Wald both articles explore the history and the modern day of racism. Eric A. Watts explores how the black community destroying themselves by calling success, study or wants to progress in schools and having jobs considering as acting white. In addition, Wald Sussman explores how science shows the fact that racism is not in human nature itââ¬â¢s a learning behavior. In the article Watts express how The black community victimizing themselves. He uses examples from his childhood education when many of his black peers would call him out for acting white. Anytime he in a group of black speaking proper English and want to study or want to succeed in school and speak properly, they would consider him as ââ¬Å" acting whiteâ⬠. Wald explores the fact how people been thaught and how to interpret and understand racism. For the past 500 years ââ¬Å" we have been told that there are very specific things that relate to race, such as intelligence, sexual behaviors, birth rates, infants care, work ethics and abilities, personal restraint, lifespan, law-cohesion, and even brain size.â⬠In Wald Susman article he demonstrates everything Watts friend think of him been to them by society the moment there was born to this day. We learned that some races are better than others because we are born into a racist society and our life ordered by this struc ture. Watts experience racism from his own race and confused by it. Furthermore, One of Watts friends stated that Justified dropping out of school and failing to look for a job on that basis of one factor: the cold, heartless, white power structure. These statements about his friend are used to show his reader that many Blacks exaggerate the racism that discriminates against them and uses it as an excuse to act victimized. Black people creating racism among themselves because going to school, looking for a job, is considered as ââ¬ËActing Whiteââ¬â¢. Society makes them believe success in life is white people thing, not black. Robert Sussman explores how race emerged as a social construct from early biblical justifications to the pseudoscientific studies of today. Racial prejudice and intolerance based on the myth of race remain deeply ingrained in this world. His friend believes just because the white man looking them down so, therefore, it gave him an excuse to not try and find a job at all. With these kinds of mindset, black people would ne ver be able to elevate. If you can not be successful unless you believe that you can be. In the article, Watts also share a story of how his friend thought crack was the only options he got in life because they didnt believe in any other options. Based on Sussman article, Biological races do not exist and never have. ââ¬Å" I am not going to dwell upon all of the scientific information that has been gathered by the anthropologists, biologists, geneticists, and other scientists concerning the fact that there are no such things as human biological races.â⬠Sussman attempts to prove that ââ¬Ëraceââ¬â¢ is a biological reality and racism is a cultural invention. Eric Watts confronted the idea of people of his race being preposterous. He shed a light on how people can be stereotypical and prejudice. When mentioning studying to someone he knew, Eric was derided as acting white. Watts finds his friends view of him as ââ¬Ëacting whiteââ¬â¢ is offensive, and how people state of mind sounds ignorant and seemed so poor. His friends were acting stereotypically toward him because they felt that his valued- hard work, initiative, articulateness did not fit an African American student. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-16638579058128378452019-12-30T21:38:00.001-08:002019-12-30T21:38:03.473-08:00Sexual Assault, Rape, And Rape - 858 Words Recently Target has become the center of a huge controversial debate because of their bold move to change their bathroom policy to allow transgender people to use whichever restroom that they psychologically identify with. While some customers are jumping for joy and cheering on this new policy change, others are outraged and threatening to boycott Target stores across America. Target customers were shocked when the company issued a store-wide policy change involving their transgender customers and employees. An announcement on their website informed their customers of the new bathroom policy that would let any transgender customer/employee choose the restroom they use according to whichever gender that they identify with(ââ¬Å"Target Steps Outâ⬠). Since this announcement many people across the country have begun to voice their opinions on the issue. Parents who shop at Target are claiming that this new bathroom policy is unsafe for their children and that itââ¬â¢s putting t hem at risk for assault. My question is: Did sexual assault, rape, and molestation just now become a worrisome factor in these parentââ¬â¢s eyesââ¬â¢? I hope not. If a sexual predator wanted to target your child are the chances for that any higher after the policy change when every parent is on alert and has their guard up? Probably not. Most of the people who are so against transgender bathroom rights donââ¬â¢t know that according to the National Center for Transgender Equality they have never even heard of an incidentShow MoreRelatedRape And Sexual Assault And Rape1465 Words à |à 6 PagesRape and sexual assault have been a growing epidemic not only in The United States, but all around the world as well. There are many stories based on these issues that also deal with something called date rape drugs. Rape, sexual assault, and date rape drugs are all very closely related and can all occur in the same situation. Date rape drugs can be used to lead to a sexual assault against someone and then possibly rape. These topics are all very serious because ââ¬Å"There is an average of 207,754Read MoreRape And Sexual Assault And Rape955 Words à |à 4 PagesRapes and sexual assaults have become issues more and more in our society. Society has become more aware of these types of crimes. For a long time, there was only rape, now it is less broad than just that. Individuals, government bodies and school have all decided to work together and individually on lessening the crime. Studies have revealed many shocking statistics that have pushed society to act against these crimes. Below, I will be explaining what exactly is rape and sexual assault, how theyRead MoreSexual Assault, Rape, And Rape1644 Words à |à 7 PagesSexual Assault Sexual coercion, sexual assault, and rape are acts of violence with numerous physical and mental health consequences (Helgeson, 430). It is important for future generations to be informed about these topics so that we can it prevent it from continuing. Sexual assaults are a rising problem for female teens on college campuses because of the discrepancies with the no means no policy, reoccurring problems with college fraternities, and todayââ¬â¢s ââ¬Å"rapeâ⬠culture enabling sexual assault. ItRead MoreSexual Rape And Sexual Assault2248 Words à |à 9 Pagesby sexual assault and are left, physically and mentally scarred. Sexual abuse can come in many different forms, such as; sexual harassment, stranger assault and a more under reported crime, such as date rape (Types of Sexual Assault). Date rape drugs are used in sexual assault; which is any type of sexual activity that a person does not agree upon (Date Rape Drug: Get the Facts on the Different Kinds). Anyone can be a victim of sexual assault regardless of their race, culture, gender, sexual orientationRead MoreThe Rape Of Sexual Assault895 Words à |à 4 Pagescomprehend the simple meaning of the word no. Records of sexual assault are going through the roof, because of the fact people do not understand that no means no. The main victims of sexual assault are women and statics show one in four women have experienced unwanted sexual content. People come up with numerous excuses of why to blame the woman for the exper iences they face, which is wrong and make women question themselves. Women who are sexual assaulted are judged by themselves and by our societyRead MoreRape and Sexual Assault1997 Words à |à 8 PagesRape and Sexual Assault Rape is a type of sexual assault usually involving sexual intercourse, which is initiated by one or more persons against another person without that personââ¬â¢s consent. The act maybe carried out by force, under threat, or with a person who is incapable with valid consent. The definition of rape varies both in different parts of the world and at different times in history. According to the American Medical Association, sexual violence, and rape in particular, is consideredRead MoreSexual Rape And Sexual Assault987 Words à |à 4 PagesSexual abuse is a very sensitive and serious issue in United States, yet as well as other counties. Although we all live in a modern civilize world, we hear more and more about this unpleasant affairs happening all the time, and it seem like these problems are only increasing in every country. Therefore, each nation have their own legal definition and law of sexual assault. The following information is an example of a legal definition and statisti c of those countries. United States ââ¬â In the U.SRead MoreRape : A Victim Of Sexual Assault861 Words à |à 4 PagesAnyone can be a victim of sexual assault. It does not matter what gender, age, economic class, religion, or race you are, because it can happen to anyone. According to one website, ââ¬Å"Rape victims are doctors, lawyers, nurses, military personnel, cooks, accountants, students- anyone and everyone could be vulnerable to rape or sexual assault,â⬠(ââ¬Å"Rape Myths and Facts,â⬠2015). Therefore, yes males can be the victims of sexual assault, in fact one out of every 10 rape victims are male, (RAINN, 2016).Read MoreRape And Sexual Assault Rates942 Words à |à 4 Pagesand Shields found that sexual assault rates are ââ¬Å"3.1 to 4.4 times higher at the most permissive colleges and universities than their more restrictive counterpartsâ⬠. The strict enforcing of alcohol bans can reduce sexual assault incidents. Socially regulated environments such as those found in re ligious schools do in fact keep the incidents of rape and sexual assault down. However Richardson and Shields points out that this is not because these schools effectively condemned rape, but rather the restrictedRead MoreReporting Rape And Sexual Assault2577 Words à |à 11 Pages Reporting Rape/Sexual Assault Prevented By: Psychological Barriers Created by Social Stigmas, Gender Views, and Law Enforcement Bias Victoria Veach University of Alabama Reporting Rape/Sexual Assault Prevented By: Psychological Barriers Created by Social Stigma, Gender Views, and Law Enforcement Bias Sexual assault and rape in common language are usually referred to as the same subject. The word sexual assault is the main category while rape is a specific entity within this category Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-73639292527687068182019-12-22T17:25:00.001-08:002019-12-22T17:25:04.705-08:00Analysis Of Henrik Ibsen s A Doll House - 1472 Words ââ¬Å"A Doll Houseâ⬠Playing many different characters is what Henrik Ibsenââ¬â¢s meant to do in A Doll House. The main characters fool people into believing they are someone other than their true selves. Nora plays her role flawlessly as she pretends to be living two different lives. Nora is Torvalds devoted and self-indulgent wife, but naively enough, she doesnââ¬â¢t realize she is a courageous, self-sufficient women. As the characterââ¬â¢s progress so does Noraââ¬â¢s personality, she goes from a fun-loving, trophy wife that is admired by Torvalds and his friends, to a self-empowered, edger women. At first Nora is compliant, money-hungry and immature wife. Nora only acts as though she only wants money from Torvalds. She is always asking for money as a gift for her Christmas present. But littles does the audience know that this is just a role she is playing in her house. As the play progresses, Nora exhibits that she is not a ââ¬Å"Silly Girlâ⬠(Henrik Ibsen) P. 1493 as she is always c alled by her husband. When Nora took out a loan from a well to do business man Krogstad to save her husbandââ¬â¢s life threating illness, she understood the business details that involved the debt and she a smart and very skillful women she is not just a housewife. Over the years she has worked and hide money to pay back the loan she had borrowed and she would hide it from her husband and this shows that she has perseverance and drive. ââ¬Å"They all think I am incapable of anything really serious.â⬠Show MoreRelatedAnalysis Of Henrik Ibsen s A Doll House 1823 Words à |à 8 PagesA Doll House is a play that was written by Henrik Ibsen in 1879. Nora Helmer is a wife and mother who secretly loaned money to save her husbandââ¬â¢s, Torvald, life. Torvald views and treats Nora has a doll and she goes along with it. As conflict comes and goes Nora decides that her current life is not what she wants for herself. She no longer wants to be anyoneââ¬â¢s ââ¬Å"dollâ⬠and decides to leave her family in search of independence. This play was controversial during the time it was written becauseRead MoreAnalysis Of Henrik Ibsen s A Doll House 1152 Words à |à 5 PagesHenrik Ibsenââ¬â¢s play ââ¬Å"A Doll Houseâ⬠addresses the importance of the roles women play throughout this time period. Women are thought to be like ââ¬Å"dollsâ⬠to their husbands, by obeying their commands and keeping a good image. We see the main character, Nora Helmer struggle to keep her perfect image of a great wife as troubles start to arise. Throughout the play we begin to see Nora push through her troubles and find her true identity, Nora shifts from being the loving, perfect wife, to being a strongRead MoreAnalysis Of Henrik Ibsen s A Doll House884 Words à |à 4 Pagestransform minor lies such as white lies into something more dangerous. When one works to conceal a lie, a cloud of deception hangs over those involved and can lead to the destruction of fr iendships, relationships, and even marriages. In Henrik Ibsenââ¬â¢s A Doll House, he uses the motif of lies and deception to illustrate the fragileness of the Helmerââ¬â¢s marriage, which ultimately leads to its demise. Nora Helmer, a naà ¯ve woman who has never been given the chance to mature into an independent womanRead MoreAnalysis Of Henrik Ibsen s A Doll House995 Words à |à 4 Pagesimagining and guiding the integration of all these elements belongs to the director. One of the toughest tasks of a director is to reinvigorate a socially important and renowned production while maintaining its original message and composition. Henrik Ibsenââ¬â¢s A Doll House is a socially important realistic play that portrays the gender dynamics that plagued the nineteenth century and questions the expectations held for women in a household and society. The play is still incredibly influential because the issuesRead MoreAnalysis Of Henrik Ibsen s A Doll House 851 Words à |à 4 PagesHenrik Ibsensââ¬â¢s, A Doll House, details the lives of the Helmers, a seemingly perfect couple. As the story progresses from act to act, it becomes quite obvious that their relationship is everything but perfect. Complic ations arise quickly when a forged loan by Nora Helmer is brought to her husband Torvaldââ¬â¢s attention. The prejudices women experience, particularly, Nora is a definite tone in this play. Henrick Ibsen does a great job at showing both sides of the oppression of women, particularly withinRead MoreAnalysis Of Henrik Ibsen s A Doll House 924 Words à |à 4 PagesHenrik Ibsen once wrote a play called ââ¬Å"A Doll House.â⬠Back in 1879 when the play was written there was lots of controversy on whether are not they play should have been showed. It created lots of arguments because of the time that they play was done (Hemmer). In the time frame that Ibsen wrote his play it was a time where women really had no say. Women would listen to their husbands and do as they say. At the end of the original play Nora, the main character, left her husband and her kids. IbsenRead MoreAn Analysis Of Henrik Ibsen s A Doll House1460 Words à |à 6 Pagesopposition to the idea of a female pr esident. Traditionalist opposition has women body shamed into the fixed standard of beauty being the skinny Caucasian blonde. People still look down on women in troubled relationships as being their fault. Henrik Ibsenââ¬â¢s A Doll House puts into criticism the problems brought by traditionalism though the story between Torvald and Nora. Where Nora has to keep a secret how she saved her husbandââ¬â¢s life to save her marriage, because she fears a woman helping a man would shameRead MoreAnalysis Of Henrik Ibsen s A Doll House Essay1971 Words à |à 8 PagesIn Hendrik Ibsen play ââ¬Å"A Doll Houseâ⬠Nora is a women who had typical women gender role in the 19th century to take care of the children and the home so that she can please her husband while her husband handles all the outside business and money as the primary care taker. Nora has always lived with a man that took care of her and told her what to do. Nora completely accepted her expectations and ââ¬Å"condition s of the world in which she liveâ⬠as Torvald put it, because she never had the opportunity toRead MoreAnalysis Of Henrik Ibsen s A Doll House 1154 Words à |à 5 Pagessacrifice mean? Is it important? Sacrifice can be defined as an act of immolating someone or something. Will one might think it depends on the person to decide on the importance of the sacrifice? In light of this play, ââ¬Å"A Doll Houseâ⬠written realistically by Henrik Ibsen, he has portrayed many symbols throughout the play. One of the many symbols that stood out was sacrifice. Clothing also symbolized some importance in the play and the Tarantella dance as well. However, what exactly is a symbolRead MoreAnalysis Of Henrik Ibsen s A Doll House Essay981 Words à |à 4 Pagestraditional stereotypes, men are strong and dominant, while women are weak and submissive. There are moments in the personââ¬â¢s life when men do not appreciate their wives and go across their limits. This view sounds a lo t like what Henrik Ibsen wrote about in his play, A Doll House. Ibsen presented gender roles through social roles, identity and marriage. This factors affect how the characters in the play are viewed by society. Althouth gender roles have changed over time and males and females have become more Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-6649031448400311802019-12-14T13:55:00.001-08:002019-12-14T13:55:04.266-08:00The History of Chocolate Free Essays Chocolate is one of the oldest treats enjoyed by many people. By a show of hands, how many people love chocolate? I have loved chocolate ever since I was a little girl. I have enjoyed the different tastes, textures, and styles of it. We will write a custom essay sample on The History of Chocolate or any similar topic only for you Order Now Chocolate has been one of the oldest treats enjoyed by many people. I want to share with you the history of chocolate, types of chocolate, and some benefits from eating chocolate. Letââ¬â¢s start with the History of Chocolate! Chocolateââ¬â¢s history started over 2,000 years ago. It began in the tropical rainforests of Central and South America from the seed of the cacao tree. This small tree grows best in the tropical atmosphere because it receives the best amount of rain, shade, humidity, wind, and nutrients. According to Susan J. Terrio, the author of Crafting the Culture and History of French Chocolate, the first people known to have made chocolate were the ancient cultures of Mexico and Central America. These people, including the Maya and Aztec, mixed ground cacao seeds with various seasonings to make a spicy, frothy drink. This was the very first way that chocolate was consumed. When the Spanish conquered the Aztecs, they brought the cacao seeds back home to Spain. 1. The chocolate drink was very popular in Spain. It then spread to Europe where new technologies and innovations changed the texture and taste of chocolate. 2. By the mid-1700s, the blossoming Industrial Revolution saw the emergence of innovations that changed the future of chocolate. How to cite The History of Chocolate, Papers Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-43351273030615724462019-12-06T10:19:00.001-08:002019-12-06T10:19:03.307-08:00The Difficulties of Panasonic and Samsung Stock over the Past 10 Year free essay sample The difficulties of Panasonic and Samsung Stock over the Past 10 Year Financial Accounting: Statement Analysis Decision Making BE 310M By: The Four Elements: Brenda Clay-Ozenne School of New Dimensions Albertus Magnus College May 5, 2013 This paper was prepared for Financial Accounting, BE 310M, taught by Instructor Mark Vausio. Running head: Panasonic/Samsung What has these two Companies been doing over the past ten years? Well according to their Companyââ¬â¢s profile and stock reports, they have not been doing very well over the past 2-3 years. Panasonic has not shown a very favorable return on their stocks in the last 3 years. Their historic leadership in key areas such as TVs, audio devices, mobile phones[-gt;0] its been eroded by the likes of Samsung and Apple. In addition, it has been too long since they have come up with successful, market-leading must-have products. We dont see this changing over the next 2, 3 years. We will write a custom essay sample on The Difficulties of Panasonic and Samsung Stock over the Past 10 Year or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page â⬠[1] Panasonic Better Positioned To turn around its fortunes, Panasonic, maker of the Viera TV, is looking to expand its businesses in appliances, solar panels[-gt;1], lithium batteries, and automotive components. Appliances account for around only 6 percent of the companys sales, but generate margins of more than 6 percent and make up a big chunk of operating profit, Reuters reported. (Read More: Panasonic Cleans House with Write downs, Sees $9. Billion Loss) Sony, creator of the Walkman cassette and CD player, is focusing on consumer gadgets such as digital cameras and gaming devices. Jamieson said Panasonic is in a better position than Sony to survive the slump because it has a stable business of durable goods such as fridges and washing machines. Although Panasonic is facing weak competitiveness in its core TV business, particularly the panels and TVs, it has the advantage of a relatively stable consumer electronics division that is still generating positive margins, he s aid. However, for the two firms to stage a genuine turnaround, something they have failed to achieve so far, they will need to bite the bullet and completely exit some of their loss-making businesses. â⬠Jamieson said. They need to curb, or completely exit their loss-making businesses and focus on their key strengths and these business lines[-gt;2], where they are able to generate profitability and rediscover that kind of technology leadership which historically they were famous for, he told CNBC. 1] With this being said just what has their stock options looked like over the past three years, not a very pretty picture. Revamping of their appliances and electronics division is definitely in order. Let us look at their last stock report. Panasonic 5 year report [-gt;3] The next company that we are going to look at is Samsung and their overall report on their company and their stock report over the past 2-3 years. ââ¬Å"Samsung Corporation is for the most part doing very well; they hav e had an increase of over 60% in sales and in their stock reports. Who could ask for better but let us take a better look at the company Samsung just reported quarterly earnings[-gt;4] that look spectacular from 10,000 feet â⬠¦ but on closer inspection show some worrisome signs. Year-over-year, the 7. 15 million won (about $6. 4 billion) net profit for this yearââ¬â¢s first quarter was an improvement of 42%, which certainly is impressive. However, that is very different from the 81% improvement from Q1 2011 to Q1 2012. It is also just a 1. 4% improvement from Q4 2012? s 7. 05 trillion won. What all of this means is that Samsungââ¬â¢s pace of growth has been slowing ââ¬â troubling trends for shareholders, who have enjoyed 60% gains over the past two years but have seen the stock flatten over the past few months? And while Smartphone[-gt;5] sales tend to slow in this quarter as consumers anticipate new releases, Samsungââ¬â¢s reliance on cell phone profit actually increased slightly ââ¬â from 73% to 74% ââ¬â suggesting itââ¬â¢s leaning even more heavily on mobile. (Bad news, considering Samsung has warned investors about increased mobile competition ââ¬â a threat to the segment that dominates its profits. Samsung has been going gangbusters on selling phones[-gt;6], but the company makes dozens of different models, many of which are cheap feature phones ââ¬â good for overall market share, which is how the company unseated Nokia (NYSE:NOK[-gt;7]) after 12 years to become the worldââ¬â¢s top cell phone vendor[-gt;8] ââ¬â but not so good f or profits. And what they have been doing. â⬠[2] Even with this being said Samsung still had a lot of work to do because they are not out of the woods just yet, they still have a major competitor to deal with, and that is the Apple Co. Because even though Samsung has made just about 4 billion dollars more than Apple over the past years, this is not a long term investment because there is still other products that the company has that has not fared so well, and the company needs to make changes and advance in the other areas as well. Despite that diversification, Samsungââ¬â¢s revenue for the quarter totaled 52. 87 trillion won (roughly $47. 3 billion), which is not much more than the $43. 6 billion in revenue Apple reported. Another way of looking at this is to consider the impact if Smartphone sales were to drop significantly. Apple would take a hit in this scenario, but its iPad sales are robust, its other divisions make money and it has room to expand its product line into something else (like TVs) if needed. Even with the iPadââ¬â¢s lower margins ââ¬â estimated to be in the 37% to 40% range ââ¬â Apple would still be a highly profitable company if smartphone sales fell. Investors would not be happy, but the company would not be in trouble. Samsungââ¬â¢s plan B is hazier. While it dominates mobile phone sales[-gt;9] with nearly 33% of the Smartphone market, Samsung is a relatively small player when it comes to tablets with a roughly 8% share. Even though it hopes to double last yearââ¬â¢s number (to roughly 40 million tablets for 2013)[-gt;10], Apple moved half that many in Q1 2013 alone. Sure, Samsung has all those other product lines, but even the ones where it is a dominant player ââ¬â TVs, for example ââ¬â it is not performing well. TV profit margins were 2% in the last quarter; better than losing money, but nothing to brag about. There are no real new product silos to pursue; Samsung has tried it all, and it is not making much from those other lines of business. This huge range of established products can be looked at as an advantage[-gt;11], but it also could become a drag on earnings if those Smartphone dollars disappeared. [2] Here is a snap shot of Samsungââ¬â¢s Stock report. [-gt;12] So with both of these companies trending or not trending in todayââ¬â¢s market, which one will fare better, well for me it looks like Samsung has a better chance. References 1. Sony, Panasonic Face 2, 3 Years of Poor Profitability: Fitch Published: Friday, 23 Nov 2012 | 2:02 AM ET By: Jean Chua[-gt;13] Writer CNBC. com Asia 2. Just How Strong Is Samsung Right Now? Diversification might not be a blessing for the S. Korean tech giant Apr 29, 2013, 4:00 pm EDT | By Brad Moon[-gt;14], Investor Place Contributor One interesting point of comparison between Apple and Samsung is the average profit margin they have on their mobile devices. Apple has been able to maintain margins in the 49% to 59% range for its iPhones[-gt;15], while the Wall Street Journal says Samsung hit 19. 8% in Q1[-gt;16]. Thatââ¬â¢s how Apple can snap up more than 70% of the smartphone marketââ¬â¢s profits despite Samsung being the worldââ¬â¢s largest mobile phone manufacturer with sales nearly double the number of Appleââ¬â¢s units[-gt;17]. -gt;0] http://www. cnbc. com/id/49936544 [-gt;1] http://www. cnbc. com/id/49936544 [-gt;2] http://www. cnbc. com/id/49936544 [-gt;3] http://www. bing. com/images/search? q=panasonic+stock+historyqs=ASsk=AS1FORM=QBIRpq=panasonic%20stock%20sc=8-16sp=2qs=ASsk=AS1#view=detailid=AC46E90576E2ABD3EEDFE5D1EDB32D40C2966150sele ctedInde x=248 [-gt;4] http://www. samsung. com/us/aboutsamsung/news/newsIrRead. do? news_ctgry=irnewsreleasenews_seq=20728 [-gt;5] http://investorplace. com/2013/04/just-how-strong-is-samsung-right-now/ [-gt;6] http://investorplace. om/2013/04/just-how-strong-is-samsung-right-now/ [-gt;7] http://studio-5. financialcontent. com/investplace/quote? Symbol=NOK [-gt;8] http://www. pcmag. com/article2/0,2817,2413347,00. asp [-gt;9] http://investorplace. com/2013/04/just-how-strong-is-samsung-right-now/ [-gt;10] http://reviews. cnet. com/8301-13970_7-57571311-78/samsung-says-it-plans-to-double-its-tablet-sales-this-year/ [-gt;11] http://www. forbes. com/sites/haydnshaughnessy/2013/04/12/these-3-game-changers-define-the-apple-vs-samsung-battle/ [-gt;12] http://www. ing. com/images/search? q=Samsung+Stock+ChartForm=IQFRDR#view=detailid=BFF2A4A8AF4A18628BFAD5269A8A22D082290BA4selectedIndex=76 [-gt;13] http://www. cnbc. com/id/46861145 [-gt;14] http://investorplace. com/author/brad-moon/ [- gt;15] http://www. reuters. com/article/2012/07/26/us-apple-margins-idUSBRE86P1NI20120726 [-gt;16] http://online. wsj. com/article/SB10001424127887323335404578445532742015350. html [-gt;17] http://www. forbes. com/sites/haydnshaughnessy/2013/04/26/samsung-rises-to-nearly-double-apples-smartphone-sales/ Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-29558846327227627022019-11-29T01:50:00.001-08:002019-11-29T01:50:04.238-08:00Technological Play and Touch Technologies among childrenJavier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-51571476686567303362019-11-25T09:24:00.001-08:002019-11-25T09:24:03.759-08:00Free Essays on Designing A GovernmentTo form a government from the choices that I have been provided with this would be my chosen government layout. First, I would choose a government that gives elected officials considerable latitude to do what they want or feel is best, without having to worry about public opinion for the first question because we need elected officials with the ability to vote there minds. If the people dictated every issue their views would be constantly changing with the Polls. For the next question I would choose a government where major changes in policy are hard to accomplish and happen rarely because we need time to debate and discuss the issues, an example of not allowing this would be when Hitler was in control of Germany he could make decisions quickly with no debate, and look at the damage that he cause during his reign. For the third question I choose a government that allows minorities to block legislation that they feel is unfair or unjust to them because if a majority rule was in effect then minorities would be persecuted and denied equal rights, an example of this would be the Civil Rights of African Americans in the 50ââ¬â¢s and 60ââ¬â¢s having to ride on the back of the busses, drinking out of different water fountains, ect... For question four I choose a government that leaves citizens alone to live as they wish, and that goes without saying, Religious Freedom, which we all as citizens of the United States have whether or not we decide to practice religion or even it we choose to have a religion, and that should never be allowed to change. For question five I would choose a government in which power is centralized, to allow for coherent and consistent policy across the entire nation because a central government is critically needed, an example of this type of government not being allowed would have to be the American Civil War which was fought because the South believed in the Stateââ¬â¢s rights over the National Government. ... Free Essays on Designing A Government Free Essays on Designing A Government To form a government from the choices that I have been provided with this would be my chosen government layout. First, I would choose a government that gives elected officials considerable latitude to do what they want or feel is best, without having to worry about public opinion for the first question because we need elected officials with the ability to vote there minds. If the people dictated every issue their views would be constantly changing with the Polls. For the next question I would choose a government where major changes in policy are hard to accomplish and happen rarely because we need time to debate and discuss the issues, an example of not allowing this would be when Hitler was in control of Germany he could make decisions quickly with no debate, and look at the damage that he cause during his reign. For the third question I choose a government that allows minorities to block legislation that they feel is unfair or unjust to them because if a majority rule was in effect then minorities would be persecuted and denied equal rights, an example of this would be the Civil Rights of African Americans in the 50ââ¬â¢s and 60ââ¬â¢s having to ride on the back of the busses, drinking out of different water fountains, ect... For question four I choose a government that leaves citizens alone to live as they wish, and that goes without saying, Religious Freedom, which we all as citizens of the United States have whether or not we decide to practice religion or even it we choose to have a religion, and that should never be allowed to change. For question five I would choose a government in which power is centralized, to allow for coherent and consistent policy across the entire nation because a central government is critically needed, an example of this type of government not being allowed would have to be the American Civil War which was fought because the South believed in the Stateââ¬â¢s rights over the National Government. ... Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-935022793688130342019-11-21T16:48:00.001-08:002019-11-21T16:48:03.690-08:00Business Environment Essay Example | Topics and Well Written Essays - 1500 words - 4Business Environment - Essay Example This lies solely as a theoretical benchmark of measuring performance of companies operating under perfect competition. In practice, one of the many deviations may be the possibility and that the firms and customers may not have perfect information about the market. Some firms operating in the market may not have access to information that older firms do (Rees et al, 2005). Similarly, customers in emerging markets may also be at a lower access to information about the products and the industry than already developed and mature markets. This will lead to a change in structure of the theoretical perfect competition structure. Moreover, the imbalance in perfect information may also affect other factors such as the firms being price takers and barriers to exit and entry may persist for some firms while others may not face the same consequences. Firms may not exactly be operating on the floating prices as many market prices may be either exaggerated or deflated due to an overall nature of the industry at a given time. Many firms may drastically lower their prices in order to beat upcoming competition and if a new entrant takes the floating price at that time to try to equate marginal cost to marginal profit- it may lead to a long run closure of that new entrant (Worthington, 2006). Furthermore, pessimism and optimism in the market may also lead the market to deviate from the perfect competition theory as the cost of factors of production along with the floating price in the market may be perceived by the customers and firms in a different way both in the long and the short run. Many firms, therefore, may (along with the industry as a whole) may start functioning as a price setter rather than a price taker as generally assumed by the theory of perfect competition (Rees, 2005). Building upon supply and demand of the factors of production and the supply and demand of the product itself, the Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-11067263471597096732019-11-20T15:37:00.001-08:002019-11-20T15:37:02.856-08:00The Effects of Antidepressant Treatment in Prenatally Stressed Rats Literature reviewThe Effects of Antidepressant Treatment in Prenatally Stressed Rats - Literature review Example Prior studies suggest that abnormalities in the transmission of hippocampal glutamate play a vital role in the pathophysiology of mood and anxiety ailments. Apparently, many of the studies borrowed greatly from prior studies on the same line, but other studies present actual studies to provide empirical evidence on the same (Marrocco et al., 2014). Alternatively, there is empirical evidence in regards to a model of depression and anxiety, which is central to the hypo-function hippocampus, and many of the studies utilize female rats because of their high incidence of major depression in women (Van et al., 2011). Exposure to chronic stress in adulthood leads to the improvement of production of glutamate in the hippocampus. In this regard, there are other treatments for anxiety noted from the cited articles. The evidence asserts that a portion of the hippocampus, which specifically encodes memories of stress, emotions, and anxiety, is in line with the postulated hypothesis of stress-rel ated disorders (Marrocco et al., 2014). In addition, chronic stress can result in long-term physiological and behavioral disorders such as low birth weight, infant morbidity, anxiety, and lack of sleep and cognition retardation (Maccari et al., 2003). Other scholars have aimed to establish a link between PRS exposure, and alcohol consumption (Richardson et al., 2008). In this perspective, there is a variance between male and female consumption of alcohol, and research suggests that males show reduced activation of acute alcohol administration (Richardson et al., 2008). Recently, evidence has come up showing that PRS has can prevent the reduction in the consumption of alcohol-induced by chronic stress in adult alcohol-preferring female rats (Darnaudery et al., 2007). Many of the scholars have utilized rats, as subjects, in their studies, to show how mood disorders can be stable throughout the life of a human being (Vallee et al., 1999). This is because it is possible to notice the ai lments early and later as they develop (Henry et al., 994).The methods utilized by many of the studies follow an evidence-based approach, whereby the aim was to test the evidence (Darnaudery et. al., 2007). In scientific research, the objective is to achieve empirical evidence and because most of the studies identified followed experimental approaches (Nestle and Hyman, 2010). This approach is effective, and it utilizes randomized trials, including a control group and experimental group. The two groups help investigators to compare results, or findings appropriately (Richardson et al., 2008). In other cases, the investigators further, classify the control and experimental groups in terms of sex, age to find out the variations in the provided context. The most important advantage of this approach is to increase internal validity (Henry et al., 994). This means that in the event of subsequent studies on the same subject will amount to similar findings (Morley-Fletcher et al., 2003). C hronic treatment of the PRS rats using antidepressants had a positive outcome, in that it resulted in normal levels of synaptic vesicle-associated proteins in rats (Maccari et al., 2003). In this context, the use of anxiolytics and tranquilizers escalate the rigidity in the animal models of depression (Moley-Fletcher et al., 2003). Alternatively, depolarization-evoked the production of glutamate was in high PRS rats. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-6274408274807165782019-11-18T13:34:00.001-08:002019-11-18T13:34:03.356-08:00Financial systems around the globe Essay Example | Topics and Well Written Essays - 1500 wordsFinancial systems around the globe - Essay Example Nowadays, there is a considerable change in these methods as the concepts of transaction cost and use of full information are removed and intimidation has increased in todayââ¬â¢s financial market. Itââ¬â¢s difficult to bring these changes with the traditional method of financing growth. There is also a tendency in the direction of cross border merger and acquisitions among great financial service firms in diverse nations. These cross border merger and acquisitions frequently engage big universal sort of institutions that give numerous types of financial services to multiple nations. There are two basic methods, which are used nowadays, which are bank intermediation based method and market based financial system (Leyland and Pyle 1977). We know that there is a diversification of financial systems in different countries. Most of these countries have bank intermediations and market based financial systems but the importance of these systems is comparatively different from each ot her. United States has ââ¬Å"market based financial systemâ⬠. The financial market has an important role in the financial environment of the country and the banksââ¬â¢ intimidation is insignificant (Leviene 2002). Germany has ââ¬Å"bank intimidation basedâ⬠financial market. In such financial environment, banks control the allocation of credit and financial markets are not as important as in US. Besides this is confirmed that the financial systems vary from one another according to different countries and due to this, the financial growth rate is also different for each country according to their selection of the financial system.... financial systems because every financial system provides unique functions that are meritorious, and due to the difference in the functions the financial growth of a country also varies (Allen and Santomero 1997). Worldwide or global banking is a substituted method to a stock market to share the risk, collect information for providing the guidance to generate the information and to match corporate governance of different countries. Here, we have discussed about Germany, where the size of the stock market is small & banks carry the entire risk related to the equity, right of proxy regarding the otherââ¬â¢s shares. On other hand, banks are working as the representatives to manage the affairs such as to borrow loan and other corporate activities. The thing, which needs to be examined is whether the bank is working as the substitute of the stock market or it has the information about the dealings of the firms, if banks are working as the substitutes of the stock market then the perfor mance of the firms should improve but if they have some kind of private information regarding the firms then they may be a part of conflicts of firms with the equity holders and with those who voted in proxy through banks. It investigates through the facts and figures that the banks influence the performance of German firms and the rest of conflicts arise because of it (Gorton and Schmid 2000). Banks and other financial intermediaries are the basis of outsourcing to the firms. Intermediaries supply more than 50 percent of outsource funds from the countries that are United States, Japan, the United Kingdom, Germany, and France. The investors primarily borrow money as a loan through the banks and they do not directly borrow the loan. Diamond gives a model of Financial Intermediation and Delegated Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-82137047027881840912019-11-16T02:06:00.001-08:002019-11-16T02:06:10.802-08:00Islamic Equity Investment Risk and Return BehaviourIslamic Equity Investment Risk and Return Behaviour Islamic equity investments deal with the application of Shariah in stock selection in fund management. Islamic equity investment is a new and emerging concept in fund management and posed a slow growth compared with a fast paced growth in Islamic fixed income Sukuk markets and Islamic banking in the current decade. However Islamic equity investments contain a significant potential to generate above average risk adjusted returns than conventional equity investment as discussed in this paper. The thesis argues about the risk returns behavior of Islamic equity investments by analyzing the risk return behavior of Karachi Meezan Index, an Islamic index traded at Karachi stock exchange, over the period of two and a half years. Karachi Stock Exchange 100 index and Karachi Stock Exchange 30 index was used as benchmarks to find out if there are any significant differences in the returns volatility of KMI30 and KSE 100. The complete period was also divided into bull and flat periods and eac h period is analyzed to further augment the research. Our findings provide strong evidence to reject the notion that Shariah Compliant investment perform poorly than conventional equity investments. In fact our finding supported the assumption that Shariah Compliant Equity Investments can deliver better returns than conventional investments given the same level of risk. Chapter 1 Introduction In the past few years there has been remarkable growth in the field of Islamic finance. New products are being developed on a consistent basis in capital markets which comply with the Shariah. The main distinguishing feature of Shariah Compliant Stocks is their low risk characteristics which has induced many risk averse investors into investment in Shariah complaint stocks and equity funds. According to Ernst Youngââ¬â¢s 2010 Islamic funds investment report, currently there are approximately $52 billion fund assets under management in the Islamic fund industry which is still a small proportion of the total assets under global fund management which are worth $22 Trillion in 2010. Total Shariah compliant assets now exceed $1 trillion worldwide because of the fast faced growth in Islamic finance during the current decade. Currently Islamic funds only constitute about 5.5% of total Islamic finance investments which signifies the potential of growth in this industry in coming years. From July 2007 to Nov 2009, MSCI World Islamic Index outperformed the MSCI World Index Standard Core in terms of variability of returns which shows that Shariah complaint stocks generate more returns in high volatility period compare to conventional stocks. In an Islamic equity fund, the amounts are invested in the shares of Shariah complaint stock companies. The profits are mainly achieved through the capital gains by purchasing the shares and selling them when their prices are increased. Profits are also achieved by the dividends distributed by the relevant companies. It is obvious that if the main business of a company is not lawful in terms of Shariah, it is not allowed for an Islamic Fund to purchase, hold or sell its shares, because it will entail the direct involvement of the shareholder in that prohibited business. In September 2008, Karachi Stock Exchange with the collaboration of Meezan Bank launched a new index called Karachi Meezan Index comprising of 30 companies. The distinguishing characteristic of this index is its Islamic nature in which selected companies will be fully Shariah-complaint. Companies will be selected in the index based on their liquidity in the stock market along with compliance with Shariah principles. These Shariah principles are formulated by the Shariah advisory council of Meezan bank which comprises distinguishing Islamic scholars. The objective of KSE-Meezan Index (KMI) is to serve as a gauge for measuring the performance of Shariah compliant equity investments. It may also act as a research tool for decisions in strategic asset allocation according to Shariah besides tracking performance of Shariah compliant equities; its construction will increase investor trust and enhance their participation. Stock Screening Requirements for KMI-30 Index Shariah compliance of stocks shall be done under the guidance of qualified and reputed Shariah experts. For stocks to be Shariah compliant, it must meet ALL the six key tests given below. Business of the Investee Company: Core business of the company must be HALAL and in-line with the dictates of Shariah. Hence, investment in securities of any company dealing in conventional banking, conventional insurance, alcoholic drinks, tobacco, pork production, arms manufacturing, pornography or related un-Islamic activities is not permissible. Debt to Total Assets: Debt to Asset ratio should be less than 40%. Debt, in this case, is classified as any interest bearing debts. Zero coupon bonds and preference shares are, both, by definition, part of debt. Non-compliant Investments to Total Assets: The ratio of non-compliant investments to total assets should be less than 33%. Investment in any non-compliant security shall be included for the calculation of this ratio. Non-complaint Income to total revenue ââ¬â Purification of Non-compliant: income the ratio of non-compliant income to total revenue should be less than 5%. Total revenue includes Gross revenue plus any other income earned by the company. This amount is to be cleansed out as charity on a pro rata ratio of dividends issued by the company. Illiquid Assets to Total Assets: The ratio of illiquid assets to total assets should be at least 20%. Illiquid asset, here, is defined as any asset that that Shariah permits to be traded at value other than the par. Net Liquid Assets to Share Price: The market price per share should be greater than the net liquid assets per share calculated as: (Total Assets ââ¬â Illiquid Assets ââ¬â Total Liabilities) divided by number of shares. *Courtesy of Karachi Meezan Index Brochure retrieved from Karachi Stock Exchange Website Rationale of the Study Islamic equity investment funds pose immense growth potential in the future mainly on account of the following reasons: It attracts risk averse investors who previously ignore equity investments because of Islamic Equityââ¬â¢s low risk characteristics It attracts new Muslim investors who previously were wary of investing in stock markets because of non-Shariah compliance Therefore a study needs to be conducted which examines the risk return behavior of Shariah complaint stocks so that investors and general people will have a better idea about the risks profits which are inherent in Shariah complaint shares. Research Questions The study will help in answering the questions such as: Is there a difference in returns of KMI30 and KSE 100 indices? Is there a difference in the volatility of KMI30 and KSE 100 indices? Is KMI30 index giving more or less risk adjusted returns compared to KSE 100 index? How much variation is explained by KSE 100 index in returns of KMI30 index? Limitations of the Study KMI30 index represents the risk return behavior of only 30 blue chip Shariah compliant stocks. In order to have a better comparison with the KSE 100 index, a portfolio consisting of all the stocks from KSE 100 which comply with Islamic screening principles should be constituted and the return volatility attributes of this portfolio should be compared with KSE 100 index because a difference in returns between both indices can be because of superior judgment in the selection of stocks in KMI30. Chapter 2 Literature Khan (1998) studied the modern practices in commodity, currency and corporate stock trading in the light of Islamic economic framework and stated that under Islamic principles, Mudarabah or Shirakah certificates can be traded in stock exchanges. However there is no concept of preferred equity in Islamic finance as it Riba which is forbidden under Islam. Khan stated that liability towards losses of the organization need to be met which may have accumulated over a period in order to sell or disinvest shares of that organization which implied that each shareholder has a liability for cumulative past losses as well as current losses in proportion to the capital invested. Khan (1998) proposed a model of stock valuation which incorporates the Islamic principles that intrinsic value of shares should provide the prospective investor a fair amount of information about past performance of organization. Iv = intrinsic value of shares Pv = par value of shares Ri = Profits, Reserves etc L = losses S = No. of Share Lewis (2010) examined the current and historic structure and performance of Islamic investment funds and found out that Islamic investments have grown quickly over the past few years and now there are approximately 650 Islamic funds operating globally. Lewis also discovered that in the past Islamic funds have focused more on negative forbidden screening principles instead of focusing on both the negative and positive screening methodologies like socially responsible funds that focus primarily more on investments in companies which play a part in human welfare. However these Socially Responsible Investments (SRI) funds performed slightly poor compared to Islamic funds because Islamic funds invested a significant portion in energy companies who enjoyed profitability because of rising oil prices, SRI funds do not invest large portions in fossil fuel energy companies primarily because of their futile side effects on environment. Nik Maheran and Masliza (2008) analyzed the performance of Islamic mutual funds at Kuala Lumpur Stock Exchange to investigate if these funds underperform or over perform the market index using average return on mutual funds, standard deviation of weekly returns, coefficient of variation, Treynor and Sharpe index. They found out that most of the funds achieved a lower return than market from the period 2002 until 2006. However in terms of risk level Islamic mutual funds showed less risky behavior compared to the market since the betas of Islamic mutual funds was less than one. Rennebook, Horst and Zhang (2007) critically reviewed the available literature on socially responsible investments and concluded that a primary reason for low returns from socially responsible funds could be the multi-task nature of portfolio managers who pursue both financial and social objectives. They also found out that if investors avoid investments in unethical/asocial businesses, than they may require a low rate of return than other investors who do not show any similar type of preferences. Hussein (2007) analyzed the returns of FTSE Global Islamic index and Dow Jones Islamic Index from 1993 till 2004 and compared them with the returns of Dow jones world index and FTSE All world index. He found out that application of Shariah screening doesnââ¬â¢t adversely impact on Islamic indices performance as Islamic indices performed as well as their counterparts over the entire period. Hussein (2007) stated that Islamic indices yield statistically positive returns in bull market period though Islamic indices underperform the all world indices in the bear period and in the long run have a superior performance compared with counterparts in entire market period. Abdullah, Hassan and Mohammad (2007) compared the performance of Islamic and conventional mutual funds in Malaysian capital market with the help of Sharpe index, adjusted Sharpe index, Jensen Alpha, timing and selective ability and found out that Islamic funds are less risky than conventional funds and both Islamic and conventional funds have diversification levels which are less than 50 per cent of the diversification level of the market portfolio. They discovered that Islamic funds performed better than conventional funds during bearish periods while conventional funds performed better than Islamic during bullish periods and concluded that Islamic funds can be used as hedging tools. Hussein (2005) compared the performance of Dow Jones Islamic market index and FTSE Global Islamic index and benchmarked it against their counterparts, Dow Jones World index and FTSE Global Index respectively, using parametric t-statistic and non-parametric signed rank test. Monthly returns data had been used ranged from 1996 2004 and the periods had been divided into bull and bear return phases to make more meaningful conclusions from results. Hussein (2005) found out that Dow Jones Islamic Index outperformed its counterpart in the entire period (1996 ââ¬â 2004) and bull period. The mean monthly return of Dow Jones World Index was higher than the DJ Islamic index over the entire bull period which indicated that the Islamic index has greater volatility in comparison with DJ world index. Contrary to this, Dow Jones Islamic index fails to maintain its better performance over the bear market phase where the DJ world index gives better returns. In case of FTSE indices, FTSE Global Is lamic index outperforms FTSE All world index in the entire and bull periods. However FTSE Islamic index underperforms FTSE world index over bear period. Hussein (2005) also found out that the beta of both Islamic indices is greater than one and higher than their counterparts which imply that both Islamic indices are riskier than their counterparts. Hence Hussein (2005) stated that the application of Shariah screening principles has no adverse effect on Islamic indices performance over the years and concluded that Shariah investing offer superior performance compared to unscreened portfolios. Albaity and Ahmad (2008) examined the performance of KLSI, A Shariah Compliant Index at Bursa Malaysia, and benchmarked it against KLCI which is a conventional stock market index at Bursa Malaysia using measures of risk adjusted returns and found out that KLCI is outperforming KLSI. Albaity and Ahmed (2008) also found out that KLCI has a higher beta as evident from conventional Non-Islamic indices and that in the short run both indices move in the same direction and tend to cause each other. Hence they concluded that there is no significant difference in the returns and movements of both indices. Hakim and Rashidian (2002) applied Islamic equity screening principles on Wilshire 5000 index and created a Shariah Compliant Portfolio and compared the return characteristics of the created Wilshire Islamic portfolio and Dow Jones Islamic market index portfolio with the parent Wilshire 5000 index and found out that the reduced diversification characteristic of newly created portfolio has not adversely affected its performance when compared with parent Wilshire 5000. Hakim and Rashidian (2002) examined the causality between the Islamic index, the Wilshire 5000 and the Tbill rate and found out that the Islamic index is influenced by factors independent from the broad market or interest rates which are contrary to the widely accepted notion that Dow Jones Islamic Index exhibits high correlation with broad market. They concluded that such correlation is temporary and false Sauer (1997) measured and analyzed the average monthly returns and variability, Jensen Alpha and Sharpe performance of the Domini 400 Social index portfolio and benchmarked it against the performance of two unrestricted portfolios (SP 500 and CRSP value weighted market indexes). Sauer (1997) discovered that the application of socially responsible strategy in stock selection does not impact the investment performance adversely. He concluded that the potential performance costs of implementing socially responsible criteria, as represented by the performance of Domini social index are negligible. Sauer (1997) also stated that the performance of Domini Social equity Mutual fund compares favorably to the performance of Vanguard SP 500 index. Bauer, Koedijik and Otten (2004) analyzed the performance of 103 German, UK and US ethical mutual funds and found no indication of substantial difference in return behavior between ethical and conventional mutual fund returns after controlling for factors like book to market and size. Bauer, Koedijik and Otten (2004) also concluded that ethical mutual funds are typically less exposed to market variability compared to conventional funds. Hamilton, Jo and Statman (1993) studied 32 socially responsible mutual funds and compared their returns with a portfolio of 177 conventional mutual funds. They found out that market do not price social responsibility characteristics so investors can expect to lose nothing by investing in socially responsible mutual funds; social responsibility factors have no effect on expected stock returns or companiesââ¬â¢ cost of capital. Derigs and Marzban (2009) analyzed SP, DJIM, FTSE, MSCI and HSBC Shariah Complaint indices and stated that current Shariah compliant strategies result in much lower portfolio performance than portfolios without considering Shariah Compliance. They suggested that the return from Shariah complaint strategies can be increased by making Shariah compliance an attribute of portfolio constructed rather than measuring compliance on as asset level. Derigs and Marzban (2009) argued, Funds are investment vehicles, which are financially independent of the institutions that establish them. Therefore, a fund takes the form of an independent company, such as a limited liability company (Norman, 2004), in which investors act as shareholders. So they proposed that with respect to compliance a fund which itself invests in multiple companies has to be evaluated in the same way as a conventional independent company. Hassan and Antoniou (2006) examined the potential impact of Islamic screening restrictions on investment performance by comparing the performance characteristics of a diversified of Islamic screened stock indices with conventional benchmarks (Data stream Global Index) and the degree of correlation and volatility in price movements between both indices. Hassan and Antoniou (2006) concluded that the impact of stock screens is closely related to the performance of stock markets and further stated that any argument that Islamic equity investments are less profitable than conventional types of investments is questionable which is supported by relatively major differences between Sharpe and Treynor measures and significant positive Alpha over the positive returns period when the Dow Jones Islamic Market Index outperformed the Data stream Global Index. Chapter 3 Methodology This section emphasizes the research methodology and the type of data that has been used in this research. The research is quantitative in nature as statistical and financial models are being used to test the STOCK INDEX time series for volatility and return. The data which is going to be used in the research is secondary in nature and in the form of time series. Daily index values of Karachi Meezan Index (KMI-30), KSE-30 index and KSE-100 index from Karachi stock exchange are being used as secondary data from December 15, 2008 till March 11, 2011. Daily logarithmic returns of all indices are being calculated such that: Where is the raw return for index i for the time t, refers to the price of index i at time t, and is the price of index i at time t-1. A descriptive statistical analysis was performed on the calculated daily logarithmic returns using to calculate mean, standard deviation, standard error, median, variance, kurtosis, skewness, maximum and minimum values of all three indices for the whole period from December 15, 2008 to march 11, 2011. Also Geometric mean for all three indices was also calculated as it contains the effect of compounding. Coefficient of variation is calculated to measure the variation in each index given its return. A correlation matrix was being calculated using excel spreadsheet to find the degree of correlation between KMI-30, KSE-30 and KSE-100 indices. A linear regression analysis has been performed using the returns of KMI-30 index as dependent variable and returns from KSE-100 as the independent variable to estimate the coefficient of determination (R-Square) and beta of KMI-30. Another linear regression was performed using KSE-30 as the dependent variable and KSE-100 as the market independent v ariable to estimate the beta of KSE-30 and coefficient of determination. The regression equations were as follows: Where is the intercept, is the beta of the stock index, and are the returns on KMI30 and KSE30 indices respectively and is the return on KSE100 regarded as the return on the stock market. Risk ratios which are used in the analysis to compare the risk reward profile of KMI30 with KSE 30 and KSE 100 are Alpha, Beta, Standard Deviation, R-Squared, Sharpe Ratio and Treynor ratio. A paired t-test was performed to check the hypothesis of difference in means of KMI30 and KSE 100 index because nearly all of the stocks of KMI30 are part of KSE 100 hence dependent. Also F-test was performed to check the difference in variances of KMI30 and KSE 100 indices assuming that the returns from both indices are normally distributed. The whole period from December 15, 2008 to March 11, 2011 is than divided into two bull periods and one relatively flat period to find out the risk-return profile of KMI30 and KSE 100 in these periods. The first bull period is from January 15, 2009 till October 15, 2009 while the flat period is from October 15, 2009 till October 15, 2010. The second bull period is considered from October 15, 2010 to January 15, 2011. A descriptive analysis was again performed on these bull and flat periods along with similar paired t-tests, F-tests, linear regression and correlation matrices. Sharpe ratio, Treynor ratio, Jensen Alpha, Beta and S. Deviation were also calculated for these bull and flat periods. Chapter 4 Results Analysis Descriptive Statistical Analysis Descriptive analysis shows that KMI30 index showed very good daily mean returns of 0.1014% since Dec 15, 2008 till March 11, 2011. KMI30 index started in September 2008 and considering the mean returns, it is a very good performance by a stock exchange index especially when comparing with geometric mean of KSE 30 returns of 0.0227% and KSE 100 daily returns of 0.0451% in the same period. The standard deviation of KMI30 index daily returns was 1.5051% which is considerably less than its counterpart KSE 30 index however more than the S. Deviation of KSE 100 index as expected because of large diversification effects of stock returns in KSE 100. The coefficient of variation for KMI30 index is 15.97 compared to 33.36 for KSE 100 and 74.593 for KSE 30 which clearly indicates that KMI30 is less risky when compared to both other indices per unit of return. The excess kurtosis for KMI30 for the complete period is 2.58 compared to 2.13 for KSE 100 and 2.29 for KSE 30 which shows that all three indices are more peaked than normal distribution and are leptokurtic. All three indices are negatively skewed which shows that most of the returns are negative. As indicated by higher standard deviations of KSE 30 index, its maximum and minimum return are greater than KMI30 maximum and minimum returns. The maximum one day return for KMI30 during the whole period was 5.3% while the minimum return was -5.19%. From January 15, 2009 to October 15, 2009, KSE showed a bullish trend. The geometric mean of KMI30 index daily returns during this first bullish period was around 0.31% much higher than 0.24% of KSE 100 and 0.28% of KSE 30. However the standard deviation of KMI30 index is 1.93% less than 1.88% of KSE 100 and 2.35% for KSE 30. This shows that not only KMI30 beat KSE 100 and KSE 30 in returns but also remained less volatile over the bullish period when compared to KSE 100 and KSE 30. The kurtosis of all three indices is slightly over 3 (Excel displays Excess Kurtosis) which shows that all three indices are mesokurtic and have a kurtosis equal to that of normal distribution. KMI30 showed a slight negative skewness of -0.0195, while KSE 100 showed positive skewness of 0.04058 in this bullish period. From October 15, 2009 to October 15, 2010, KSE showed a relatively flat period of returns with KMI30 index showing a mean geometric return of 0.0498% while KSE 100 and KSE 30 showed a geometric return of 0.017% and ââ¬â0.0249% respectively. The KMI30 again outperformed KSE 100 and KSE 30 in returns over this flat period. KSE 30 had negative mean returns in this period. KMI30 also showed low standard deviation of 1.088% compared to 1.1049% of KSE 100 and 1.3866% of KSE 30. Hence KMI30 again outperformed KSE 30 and KSE 100 index in this relatively flat period in terms of returns and low volatility. KMI30 had an excess kurtosis of 2.18 more than 1.79 for KSE 100 but less than 2.26 of KSE 30. Hence all three indices have leptokurtic distribution with high peaks than normal distribution. KMI30, KSE 100 and KSE 30 all showed negative skewness in this flat period. From October 15, 2010 till January 15, 2011, KSE showed a relatively bullish trend with KMI30 showing a daily return geometric mean of 0.36% against 0.3% by KSE 100 and 0.33% by KSE 30 index. However KMI30 index showed a higher daily standard deviation of 0.86% compared to 0.73% of KSE 100. KMI30 also showed a more leptokurtic distribution compared to KSE 100 as the excess kurtosis of KMI30 was around 0.497 compared to 0.262 for KSE 100. During this bullish period all three indices showed a positive skewness with impressive returns in a short span of time. Over the whole period, from December 15, 2008 to march 11, 2011, KMI30 showed impressive annualized returns of 28.825% compared with KSE 100 and KSE 30 which showed annualized returns of 11.9367% and 5.85% respectively. The annualized standard deviation for KMI30 index was a little higher than KSE 100 but lower than that of KSE 30. Also the total return over this two and a half year period by KMI30 was quite impressive and 2.5 times more of KSE 100. KMI30 had a total return of 75.11% from Dec 15, 2008 to March 11, 2011. Sharpe ratio is only positive for the KMI30 because the other two indices had returns less than 12 month Treasury bill rate. Jensenââ¬â¢s alpha for KMI30 was 16.8687 which indicated the average return on KMI30 over and above the CAPM predicted return of 11.9566%. KMI30 also had a beta lower than one which shows that KMI30 is less volatile than the overall market. KSE 30 had a beta of greater than one showing that itââ¬â¢s more volatile than the market KSE 100 in dex. Correlation matrix shows a strong correlation of 92.933% of KMI30 and KSE 100 over the whole period from December 15, 2008 to March 11, 2011. KSE 30 showed a less strong correlation of 87.48% in the same period with KSE 100. In the first bullish period, KMI30 however had a rather less strong correlation with KSE 100 compared to the whole period correlation described above. In the flat period from Oct 15, 2009 till Oct 15, 2010, KMI30 had a very strong correlation with KSE 100 index. In second bullish period, from Oct 15, 2010 to Jan 15, 2011, KMI30 again had a relatively less strong correlation with KSE 100 as already happened in first bullish period. It looks like KMI30 is showing less strong correlation with KSE 100 in bull markets and very strong correlation with KSE 100 in relatively flat periods which shows that KMI30 shows returns which are less correlated with market in bull periods and give more correlated returns in flat market periods. In both bull periods, Jan 15, 2009 ââ¬â Oct 15, 2009 and Oct 15, 2010 ââ¬â January 15, 2011, KMI30 outperformed KSE 100 and KSE 30 index with impressive margins. KMI30 gave a total return of 81.68% in the first bull period, 13.24% in the flat period and 23.67% in the second bull period. KSE 100 gave total returns of 57.3%, 4.34% and 19.92% in the same periods. KMI30 also showed a relatively same standard deviation as the KSE 100 except for the second bull period when there was a large difference in S. Deviation of KMI30 and KSE 100 returns. What this means is that KMI30 is giving higher returns than KSE 100 while having the same risk as KSE 100 also evident by Sharpe ratio. In first bull period, KMI30 had a beta of 0.927 compare to 1.077 of KSE 30. In the flat period, KMI30 had a beta of 0.948 while KSE 30 had a beta of 1.06. In the second bull period, KMI30 and KSE 30 showed an irregular trend when the beta for KMI30 increased over 1 while beta for KSE 30 dropped less than o ne. Regression Analysis A regression analysis was performed on the daily returns of KMI30, KSE 30 and KSE 100 for the complete period to explain the variation in the returns of KMI30 and KSE 30 index by using KSE 100 as the independent market index. The regression equations are as follows: Equation 1 Equation 2 The R-Square for the first model of KMI30 returns come out to be 86.366% which tells us that 86% of the variation in KMI30 index is caused by KSE 100 index. The R-square for the second KSE 30 model was 77% which shows that KSE 100 causes more variation in returns of KMI30 than KSE 30 index. The intercept of first equation is 0.000523179 which shows that when the daily market return is zero, than KMI30 has a daily return of 0.0523179%. The slope of the first equation, beta of KMI30 index, tells us that a one percentage change return in KSE 100 index causes a 0.9752 percentage change return in KMI30 index which shows low volatility in KMI30 compared to KSE 100. The slope and intercept for the KSE 30 model are 1.1018 and -0.0216% respectively which indicates that KSE 30 is more volatile than KSE 100 (has a beta higher than 1) and that a zero return from market will causes a -0.0216% daily return fall in KSE 30 index. Hypothesis testing The first hypothesis was to test that whether there are any significant differences in daily returns of KMI30 and KSE 100 indices for the whole period from December 15, 2008 to March 11, 2011. Since all the stocks which are part of KMI30 index are also a part of KSE 100 index which indicates that both samples are dependent hence paired t-test was employed to test the differences between returns of both indices. The null and alternative hypotheses are given as: Ho: The difference in mean daily returns of KMI30 and KSE 100 index for the period from December 15, 2008 to March 11, 2011 is equal to zero H1: The difference in mean daily returns of KMI30 and KSE 100 index for the period from December 15, 2008 to March 11, 2011 is not equal to zero The paired t ââ¬âtest was performed on a 5% level of significance with 552 degrees of freedom. The calculated t statistic was 2.310548072 which was greater than the critical value of 1.96. Hence the null hypothesis was rejected and the conclusion was that the difference in mean daily returns of KMI30 and KSE 100 returns is different from zero. The second hypothesis tested whether there are any significant statistical differences in returns of KMI30 and KSE 100 indices during the first bullish period from January 15, 2009 to October 15, 2009. The same paired t test was employed to test the difference in returns in this bullish period using a significance level of 5%. The null and alternative hypotheses are given as: Ho: the difference in mean daily returns of KMI30 and KSE 100 index for the bullish period from January 15, 2009 to October 15, 2009 is equal to zero H1: the difference in mean daily returns of KMI30 and KSE 100 index for the bullish period from January 15, 2009 to October 15, 2009 is not equal to zero The calculated t-statistic was 1.2773207 less than the critical value of 1.972 at 5% level of significance with 187 degrees of freedom. Hence the null hypothesis was failed to reject and it was concluded that there is no difference in the returns of KMI30 and KSE 100 indices during the first bullish period from January 15, 2009 to October 15, 2009. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0tag:blogger.com,1999:blog-6184851495780431646.post-59856456989514681222019-11-13T14:37:00.001-08:002019-11-13T14:37:04.692-08:00Swingers Not Just On Playgrounds Anymore :: essays research papers Swinger's Not Just on Playgrounds Anymore Dave's marriage had hit the rocks. His wife had lost interest in sex, and Dave did not know how to deal with it. He did not know whether she was bored with him or simply bored with sex. In his search for an answer Dave and his wife attended a swinger's party. This would eventually end Dave's marriage, but it would also lead him to greener pastures. "She did not want to share the lifestyle with me, and sharing is an important part of swinging. Swingers swing to enhance the relationship with their mate, not to destroy it," Dave said. Dave met his second wife more than 15 years ago at a swinger's party. The couple has now turned their lifestyle into their business. For the past nine years Dave and his wife Dawn have run their own swing club in the Chicago suburbs. "We own Couples Choice, and though it's listed as a swing club it's a lot more social than people imagine," Dave said. This socialness includes dances, special theme parties, dinners and vacations. The couples who attend are also interested in learning about relationships, meeting new friends and for exposure to something new. One of the most common misconceptions is that people come just to have sex. However, this is an option at Dave and Dawn's club. Their club is known as an ââ¬Ëon-site' club. This means that Dave and Dawn provide bedrooms for their members' enjoyment. "Ours is an on-premise club. We have bedrooms where sex does take place, but only if it is consensual. We do not force our activities on anyone," Dave said. Dave adds that having sex is something most people associate with a swing club, but often this is not true. Bob McGinley, whose self-given title is the grandfather of swing, believes many people have misconceptions about swinging. He says swinging cannot be categorized as mate swapping or as group sex. In fact McGinley believes swinging cannot be put into a category at all. "Putting a label on the activity is wrong. People call us swingers because we have sex with someone other than our mate, but you don't call someone a tenniser because they enjoy hitting a ball over a net. Someone involved in swinging is also involved in many other things . . . it's really unfair to label that person a swinger," McGinley said. McGinley has been involved in the swinging lifestyle since 1969. He has since founded Lifestyles Organization in Anaheim, Calif. His organization holds a swing convention every year and this year he expects more than 3,000 to attend. Javier Burtonhttp://www.blogger.com/profile/13398206138778983088noreply@blogger.com0