Monday, September 30, 2019
Business Financing and the Capital Structure Essay
The financial marketplace is the area where companies engaged in financial trading are able to get capital to run. The financial market can also be referred to as capital markets. Stock markets are the place where companies come to trade among themselves; they represent individual investors or corporate investors. Trade in stocks has been deemed among the most lucrative areas a person can trade in; the returns are good. Stocks can simply be defined as shares bought for trading purposes and profits gained are ploughed back into the U.S. economy. (Saccomani and Chambers, 2008) Trade in U.S. financial markets offer various benefits; an organization can get loans to fund their activities through floating of bonds. When organizations are able to run efficiently then everybody gets to benefit, the government benefits through increased tax collection and more people get employed. The stock market offer individuals an avenue to put their money in lucrative stock instruments where the funds are managed by financial experts. Individuals do not have to worry about their limited financial expertise because at the stock markets well informed brokers or their employees will help them. Individuals are offered a variety of trading avenues which involves minimal labor and less capital intensive. (Saccomani and Chambers, 2008) The Federal Reserve is a name that is used to define the Central Bank in America. The bank was a creation of U.S. Congress for purpose of offering a safer and easier trading environment in America. The Fed is tasked with the management of the American monetary policy. They also regulate banks as well as monitoring risks at the stock markets. The Fed is comprised of seven members; who constitute the board of governors. Members of the board also constitute the F.O.M.C. (Federal Open Markets Committee); this committee decides on what interest rates to be charged by banks as well as purchase of treasuries. The Fed`s primary role is that of regulation. (Ltaifa et al, 2009) The Fed chairman`s role is that of a supervisor; he is tasked with the role of bringing the board to consensus of various monetary issues. The chairman is a presidential appointee hence he reports to the president from time to time on the country`s financial matters. The chairman also has the responsibility of steering the committee on interest rates. (Ltaifa et al, 2009) Departments or components of the Fed Reserve need to play their respective roles effectively so as to take the country in to financial success. The chairman should always maintain a steady control of all fiscal policies. The board should not enact self-centered policies that may endanger the banking sector or stock markets. The board and the chairman have to make prudent assessments of U.S. financial performance before taking any steps meant at changing any monetary policy. Interest rates affect the economy; particularly the spending power of individuals. The rates charged on bank loans lays a heavy burden on citizens; the net effect is loans become expensive hence doing business becomes harder. Higher interest rates on returns at the stock markets offer a reversed effect to the citizen; this brings about more disposable income because the return on investment is higher. (Batten and Szilagvi, 2011) The world suffers when markets get affected by whatever elements; this happens because the various economies around the world are interconnected hence any financial downfall of one will weaken the other. The Euro zone crisis is one such example where a problem begins in one country but after sometime affects a number of countries within same geographical location; countries that trade together. In the U.S. such a crisis occurred between 2007-2010, individuals found themselves not being able to finance their loans and other credit obligations. Care and keenness is needed when one wishes to traverse this terrain. References Saccomanni, F., & Chambers, A. (2008).Ã Managing international financial instability: National tamers versus global tigers. Cheltenham: Edward Elgar. Ltaifa, Navil Ben, Kaendera, Stella, & Dixit, S. V. S. (2009).Ã Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-saharan Africa. Intl Monetary Fund. Batten, J., & Szilagyi, P. G. (2011).Ã The impact of the global financial crisis on emerging financial markets. Bingley, U.K: Emerald. Source document
Sunday, September 29, 2019
Filter, Power Divider
Outline 1.? Introduction 2.? Literature Review ââ¬â Transmission Lines (Microstrip Line/ CPW/ SIW) ââ¬â Resonator, Filter, Power Divider 3. SIW Resonator Designs ââ¬â Comparison of Transmission Line Performance ââ¬â Design, Result and Discussion of SIW Resonators 4.? SIW Filter and Power Divider Designs ââ¬â Design, Result and Discussion of SIW Filter and Power Divider 5. Conclusion and Recommendations 1 Outline 1.? Introduction 2.? Literature Review ââ¬â Transmission Lines (Microstrip Line/ CPW/ SIW) ââ¬â Resonator, Filter, Power Divider 3. SIW Resonator Designs Comparison of Transmission Line Performance ââ¬â Design, Result and Discussion of SIW Resonators 4.? SIW Filter and Power Divider Designs ââ¬â Design, Result and Discussion of SIW Filter and Power Divider 5. Conclusion and Recommendations 2 1. Introduction â⬠¢? Background O As consequence of the rapid development in wireless communication market, various devices need to integrate wirel ess standards.Demand on wireless devices to support these multi-standard operations with [2] à § Low insertion loss à § sharp selectivity à § Proper compact size à § Low cost O Band-pass filters à § primarily used in wireless transmitters and receivers à § imit the bandwidth of the output signal to the minimum necessary to convey data at the desired speed and in the desired form à § also used in bio-photonic, medical analytical, chemical, pharmaceutical area etc O Power dividers à § passive microwave components used for power division à § Divide input signal into two signals of lesser power. The coupler may be a three port component with or without loss à § usually of the equal-division type, which is 3dB, but unequal power division ratio is also possible [4] 3 1. Introduction â⬠¢? Motivation O Why 60GHz à § First published by Indian physicist J. C. Bose 1895 à § In 1947, US physicist J.H. Van Vleck observed that the oxygen molecule absorbs electromagnetic more energ y at 60-GHz than at other frequencies [6] à § Mainly driven by military and space applications 1960s to 1980s [7] à § From mid-1990s, interest in fixed broadband wireless access for last mile connectivity advanced 60-GHz radio technology [8] O Why SIW filter and power divider à § Conventional technologies: either not able to present required performance or too expensive à § SIW: as an attractive technology for low cost, high Q-factor, relatively high power, and high density integration of microwave and millimeter-wave components and sub-systems [10]-[12]. SIW filters have a low in-band insertion loss and a wide stopband performance. à § SIW power dividers not only achieve the small size but also realize transmitting a defined amount of the electromagnetic to another two ports.4 1. Introduction â⬠¢? Objective O Study literature review of structures, applications and analyzing methods of SIW O Investigate the basic structure of different transmission lines by designing reson ators O Extend the synthesis method to design of SIW filter and power divider â⬠¢? â⬠¢? Design and discuss SIW Filter at 60GHz with bandwidth 3 GHz Design and discuss SIW Power divider at 60GHz with 3 GHz Outline 1.? Introduction 2.? Literature Review ââ¬â Transmission Lines (Microstrip Line/ CPW/ SIW) ââ¬â Resonator, Filter, Power Divider 3. SIW Resonator Designs ââ¬â Comparison of Transmission Line Performance ââ¬â Design, Result and Discussion of SIW Resonators 4.? SIW Filter and Power Divider Designs ââ¬â Design, Result and Discussion of SIW Filter and Power Divider 5. Conclusion and Recommendations 6 2. Literature Review â⬠¢? Transmission Line O A device designed to carry electric energy from one to another, is used to transfer the output radio frequency energy of a transmitter to a receiver [15]. ? Microstrip Line OOne of the most popular types of the electrical TLs O convey microwave-frequency signals O support a good quasi-TEM wave O In practi cal applications, the dielectric substrate is electrically very thin, which is much smaller than the wavelength 7 2. Literature Review â⬠¢? Coplanar Waveguide (CPW) O Characteristic dimensions of a CPW are the central strip width W and the width of the slots s. GCPW is formed when a ground plane is provided on the opposite side of the dielectric. O CPW is easy to be integrated in the IC design. O Conventional Technologies: â⬠¢? ? CPW GCPW â⬠¢? Substrate Integrated Waveguide (SIW) Mircostrip/CPW/GCPW: small size but not efficient enough in high frequency applications, wavelength at high frequencies are small Retangular waveguide: high Q-factors and power capability but voluminous and difficult for highdensity integration and difficult manufacturing process O SIW is a transition between microstrip and dielectric-filled waveguide.Dielectric filled waveguide is converted to SIW by the help of vias for the side walls of the waveguide [2] â⬠¢? high Q-factor, low insertion loss, and high power capability 8 . Literature Review â⬠¢? Resonator O A device exhibits behavior of oscillating at some frequencies, called its resonant frequencies, with greater amplitude than at others. â⬠¢? â⬠¢? It is used to either generate waves of specific frequencies or select specific frequencies from a signal [4].Resonant frequencies O Quality- or Q-factor is defined as a dimensionless parameter, in terms of the ratio of the energy stored in the resonator to the energy supplied by a generator per cycle, describing how under-damped a resonator is [4]. â⬠¢? The unloaded Q-factor (Qu) [21] 2. Literature Review â⬠¢? Filter O Band-pass filter is a device that passes frequencies within a certain range and attenuates frequencies outside that range [4]. O SIW is constructed with linear arrays of metalized via-holes rooted in the same substrate used for the planar circuit [13]. SIWs, combines the merits of all these structures, microstrip line or coplanar wavegu ide, and rectangular waveguide, are built onto the same substrate. The transition is formed with a comparable straightforward matching geometry between both structures. â⬠¢? Power Divider OPower divider, a passive device used in the field of radio technology, couples a defined amount of the electromagnetic power in a transmission line to another port [27]. O SIW power divider, with optimum frequency selectivity, small size, low cost and high stopband attenuation, have been used for mobile and satellite communications systems. T-junction Y-junction 10 Outline 1.? Introduction 2.? Literature Review ââ¬â Transmission Lines (Microstrip Line/ CPW/ SIW) ââ¬â Resonator, Filter, Power Divider 3. SIW Resonator Designs ââ¬â Comparison of Transmission Line Performance ââ¬â Design, Result and Discussion of SIW Resonators 4.?SIW Filter and Power Divider Designs ââ¬â Design, Result and Discussion of SIW Filter and Power Divider 5. Conclusion and Recommendations 11 3. SIW R esonator Designs â⬠¢? Comparison of Transmission Line Performance Microstrip Line CPW SIW 12 3. SIW Resonator Designs â⬠¢? Comparison of Transmission Line Performance Characteristic Bandwidth Q factor Loss Power capacity Physical size Ease of fabrication Integration with other component Cost Waveguide Narrow High Low1 High Large, heavy Hard Hard4 High Microstrip Wide Low High Low Small Easy2 Easy5 Low CPW Wide Low High Low Small Fair3 Easy6 Low SIW Narrow High Low High Small Fair Easy LowAnnotation [4]: â⬠¢? Dielectric of waveguide is air; Skin effect of waveguide is small â⬠¢? Microstrip can use printed circuit board technology â⬠¢? Ground of CPW locates at the top, the discontinuity will affect the result. However, compared to SIW, wire holes are not needed. â⬠¢? Special couplings at the joints are required for waveguide to assure proper operation â⬠¢? Microstrip is susceptible to cross-talk and unintentional radiation â⬠¢? CPW presents greater isol ation than microstrip 13 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators ââ¬â Substrate dielectric constant (? r) is fixed at 11. Silicon ââ¬â Copper conductivity of 5. 800Ãâ"107 siemens/m O Design Strategy of Single-row Via SIW Resonator For a resonant frequency of 60 GHz for the TE101 dominant mode by simply indexing m =1, n = 0, l = 1 [18] The calculation result is L = W = 1. 025mm. 14 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators O Result and Discussion of Single-row Via SIW Resonator Ideal material: Lossless substrate and perfect conductor The loss tangent of AGC and the bulk conductivity of Silicon are both set to be zero. Moreover, perfect conductor layers are placed at most top and bottom of the structure.Similarly, the material of metallic vias is defined as perfect conductor as well. By using as as illustrated earlier, the result is calculated In this ideal case, and involved. Based on the formula, are not radiation Q-factor is 492. 23 15 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators O Result and Discussion of Single-row Via SIW Resonator Non-ideal material: Only with conductor loss For substrate, dielectric loss tangent of AGC and bulk conductivity of Silicon are set to be zero. The copper layers with bulk conductivity of 5. *107 siemens/m are placed at most top and bottom of the structure. Moreover, the material of via is changed to copper as well. By using calculated as as illustrated earlier, the result is In this case, is not involved. Based on the formulas, we can get 16 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators O Result and Discussion of Single-row Via SIW Resonator Non-ideal material: Lossy substrate and non-perfect conductor set the loss tangent of AGC is fixed at 0. 003 and bulk conductivity of Silicon is 0. 02, which means all the loss of substrate is considered in this experiment.Meanwhile, the copper is defined as the material of layers, which are placed at most top and bott om of the structure and via defenses through the substrate. In this experiment, all losses, including radiation loss, non-ideal metal loss and substrate loss are considered here. By using , we have 17 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators ââ¬â Substrate dielectric constant (? r) is fixed at 11. 9 Silicon ââ¬â Copper conductivity of 5. 800Ãâ"107 siemens/m O Design Strategy of Double-row Via SIW Resonator For a resonant frequency of 60 GHz for the TE101 dominant mode by simply indexing m =1, n = 0, l = 1 [18]The calculation result is L = W = 1. 025mm. 18 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators O Result and Discussion of Double-row Via SIW Resonator Ideal material: Lossless substrate and perfect conductor The loss tangent of AGC and the bulk conductivity of Silicon are both set to be zero. Moreover, perfect conductor layers are placed at most top and bottom of the structure. Similarly, the material of metallic vias is defined as perfect conductor as well. By using calculated as as illustrated earlier, the result is In this ideal case, and involved. Based on the formula, are not radiation Q-factor equals to 641. 6 19 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators O Result and Discussion of Double-row Via SIW Resonator Non-ideal material: Only with conductor loss For substrate, dielectric loss tangent of AGC and bulk conductivity of Silicon are set to be zero. The copper layers with bulk conductivity of 5. 8*107 siemens/m are placed at most top and bottom of the structure. Moreover, the material of via is changed to copper as well. By using calculated as as illustrated earlier, the result is In this case, is not involved. Based on the formulas, we can get 20 3. SIW Resonator Designs â⬠¢? Design of SIW Resonators OResult and Discussion of Double-row Via SIW Resonator Non-ideal material: Lossy substrate and non-perfect conductor set the loss tangent of AGC is fixed at 0. 003 and bulk conductivity of Si licon is 0. 02, which means all the loss of substrate is considered in this experiment. Meanwhile, the copper is defined as the material of layers, which are placed at most top and bottom of the structure and via defenses through the substrate. In this experiment, all losses, including radiation loss, non-ideal metal loss and substrate loss are considered here. By using , we have 21 3. SIW Resonator Designs â⬠¢? Design of SIW ResonatorsO Comparison of Single-/Double-row Via Resonator Double-row via structure obviously decreases the loss compared to single-row via. The main difference of Q-factors is the radiation Q-factor, which means the radiation loss is the most affection of the SIW. Conductor and dielectric Q-factor are only slightly changed with the error around 3. 5% from the single- to double-row SIW. Hence, the conductor loss and dielectric loss basically are not significant issue for the losses of the SIW comparing with the radiation loss because of the leakage through the gaps since the presence of gaps in the side walls.These results also match that higher Q-factor indicates a lower rate of energy loss relative to the stored energy, which demonstrates the validity of the experiments and the results. 22 Outline 1.? Introduction 2.? Literature Review ââ¬â Transmission Lines (Microstrip Line/ CPW/ SIW) ââ¬â Resonator, Filter, Power Divider 3. SIW Resonator Designs ââ¬â Comparison of Transmission Line Performance ââ¬â Design, Result and Discussion of SIW Resonators 4.? SIW Filter and Power Divider Designs ââ¬â Design, Result and Discussion of SIW Filter and Power Divider 5. Conclusion and Recommendations 23 4. SIW Filter and Power Divider Designs â⬠¢?Design of SIW Filters O Design strategy of SIW filter The proposed filter is constructed based on the SIW resonator at 60 GHz. The filter is designed and simulated using HFSS software. â⬠¢? â⬠¢? â⬠¢? To achieve a -3 dB bandwidth of 3 GHz. To achieve a good passband wi th small insertion loss 15 dB Here in filter structure, length doubles the size which is 2. 250mm and width w remains the same 1. 025mm. 24 4. SIW Filter and Power Divider Designs â⬠¢? Design of SIW Filters O Result and Discussion of SIW filter When increasing the distance between the middle of the vias, the two resonant poles are separated to each other more. 25 4.SIW Filter and Power Divider Designs â⬠¢? Design of SIW Filters O Result and Discussion of SIW filter â⬠¢? â⬠¢? â⬠¢? â⬠¢? Center frequency = 62. 9 GHz. Bandwidth = 3. 4 GHz (60. 8 ~ 64. 2 GHz). Insertion loss = 0. 89 dB within the passband. Return loss = 17. 8 dB within the passband. â⬠¢? Achieve a wide and deep upper-stopband with an insertion loss >15. 0dB. 26 4. SIW Filter and Power Divider Designs â⬠¢? Design of SIW Power Dividers O Design strategy of SIW power dividers The proposed filter is constructed based on the SIW resonator at 60 GHz. The filter is designed and simulated using HFSS software. â⬠¢? â⬠¢? â⬠¢? To achieve a -3 dB bandwidth of 3 GHz.To achieve a good passband with small insertion loss around 3 dB To achieve a wide and deep upper-stopband with an insertion loss >15 dB The proposed Y-junction power divider is a SIW equivalent of a bifurcated waveguide junction fed by a symmetrical step junction. The distance between two discontinues can be optimized to achieve low insertion loss [28]. 27 4. SIW Filter and Power Divider Designs â⬠¢? Design of SIW Power Dividers O Result and Discussion of SIW power dividers â⬠¢? â⬠¢? â⬠¢? â⬠¢? Center frequency = 62. 5 GHz. Bandwidth = 3. 7 GHz (60. 5 ~ 64. 2 GHz). Insertion loss = 3. 87 dB within the passband. Return loss = 10. 5 dB within the passband. â⬠¢? Achieve a wide and deep upper-stopband with an insertion loss >15. 0dB. 28 Outline 1.? Introduction 2.? Literature Review ââ¬â Transmission Lines (Microstrip Line/ CPW/ SIW) ââ¬â Resonator, Filter, Power Divide r 3. SIW Resonator Designs ââ¬â Comparison of Transmission Line Performance ââ¬â Design, Result and Discussion of SIW Resonators 4.? SIW Filter and Power Divider Designs ââ¬â Design, Result and Discussion of SIW Filter and Power Divider 5. Conclusion and Recommendations 29 4. Conclusion and Future Works â⬠¢? Conclusion O SIW single- and double-row resonators have been designed and compared.The results matched that higher Q-factor indicates a lower rate of energy loss relative to the stored energy, which demonstrates the validity of the experiments and the results. O W band SIW filter has been designed, evaluated and optimized by HFSS software. The centre frequency of the proposed filter is designed at 62. 9 GHz with a 3 dB bandwidth of 3. 4 GHz (60. 8~64. 2 GHz). O W band SIW power divider has been realized based on the structure of the filter. The power divider is at centre frequency 62. 5 GHz with a 3 dB bandwidth of 3. 7 GHz from 60. 5 to 64. 2 GHz. 30 4. Conclusi on and Future Works â⬠¢?Recommendation for Future Works O The numerical analysis may be done for the proposed structures. O The structures can be fabricated and measured to demonstrate the practical realization of the structures. O The insertion loss the filter may be improved based on further modification. O It is possible to widen the bandwidth of the filter. O Other matching networks may be considered to realize better performance of the filter. O Small and efficient filters may be designed based on the modification of the proposed structure. O Balun may be designed based on the proposed SIW power divider. 31 Thank You! 32
Saturday, September 28, 2019
Book review Essay Example | Topics and Well Written Essays - 250 words - 1
Book review - Essay Example The exercise on amplifying exceptions and complementing is very educative and practical; hence it can be used to cynosure on solution focused brief therapy. The parties taking part in the exercise are able to experience first hand the intended purpose. The second technique is asking the miracle question, where this technique is to help the client know what he/she wants done differently in that the first attempts chosen to solve a problem did not work out; therefore, another approach is needed. The last technique is to understand the structural component of feedback to clients using role play and interchanging of characters helps in the formulation and delivery of feedback to clients. Corey (2008) specifically talks about how personal experiences can influence change of behavior in their day to day life, a bad experience can trigger phobia. Therefore, due to the phobia triggered the victim tends to avoid situations where the phobia triggering stimuli
Friday, September 27, 2019
Personal Statement for apply master degree Example | Topics and Well Written Essays - 500 words
For apply master degree - Personal Statement Example However, my fascination for numbers remained unchanged. I fervently wanted a job which will deal constantly with numbers. Choosing the financial field greatly satisfied my pursuit for numbers. Accountancy became my favorite subject soon as I was enthralled with its practical application in nearly every field, logic and a structured way of doing things. Every simple concept we learn in accounts will be actually used in day to day life in our career. Economics is considered to value the corporate performance in terms of financial gains a person brings to the company (Porter, 1987). To me economics is one intriguing subject which opens up the gates for a number of finance oriented careers starting from financial services to banking. Just mastering accountancy and economics will enable a person to choose from a plethora of finance oriented vocation choices. No other industry starting from medicine to engineering gives this freedom as these courses require a few years of basic training and specialization diploma as well. Graduating in accountancy and economics gives a person the basic idea about the core financial practices within a very short time. Be it stock market or basic investment, economics gives the chance understand the financial strategy of the scheme or investment better than others and accountancy helps us keep track of our finances accurately. While people from every other industry strive hard to earn money and invest it properly, financial consultants attain this skill in their profession effortlessly. Honing it properly helps them make others rich and accumulate wealth for themselves in the process. Rush Limbaugh once said economics is the most complicated simple subject. He is true. As simple as it might seem, economics and accounts combined together are used in complex matters like determining a nations financial policies. As with any critical skill in life, consistent implementation is the key to employing
Thursday, September 26, 2019
Do you think high school students should be required to serve one year Essay
Do you think high school students should be required to serve one year of community service - Essay Example I feel students who volunteer may perform better in school. Looking at statistics I found that students who were required to do volunteer work in high school were twenty-two percent more likely to finish college. Twenty-two may seem a small number, but when it comes to being able to complete college I think it matters greatly. The same study also found these same students were able to improve their grades in several academic areas, such as reading, science and math. Being able to perform well in school is very important as it can affect a personââ¬â¢s future career (CIRCLE). The second reason I feel community service in high school is important is because it will bring about a good work ethic for students. Some students have part time jobs during school, while others do not. I would think it could give a student a sense of accomplishment. The student would be able to see firsthand what it is like to work and help others. Students would not be paid for their work, but it would help them appreciate payment all the more when they do someday have a job. I think it would be good if the schools would give students a wide range of choices regarding where they would volunteer. Students who are considering what careers they are interested in may have the opportunity to volunteer at a place that may be in relation to their career aspirations.
Wednesday, September 25, 2019
Wikipedia entry. The Global city . Focusing on London Area Essay
Wikipedia entry. The Global city . Focusing on London Area Spitalfields - Essay Example A global city bears a large percentage of the worldââ¬â¢s financial transaction, and there are twenty-five cities in the world which control almost the entirely global financial transactions. Among them, New York, London and Tokyo stand out as the most influential cities in the world, in matters of economy and financial transactions, and they are characterized by large scale in-migrations from different countries, societies and cultures throughout the world [1]. According to Sassen, a global city refers to the central ââ¬Å"command and control pointâ⬠of the global economy, where corporate presence is the fundamental characteristic, with many of the multinational corporations based in the city as their headquarters. Further, productive service companies such as accounting, management and law firms have also been attracted into the city, to provide services to the major corporations with their headquarters in such cities [1]. Productive Support Services in London Area Spitalf ields The concept of global city developed in the past two decades, and has become a phenomenal concept in the modern world, owing to the ability of the global cities to influence the financial and the economic activities of the world. ... Aspects of different socially stratified classes of societies The rise of the London Area Spitalfields as a global city started in the early 17th century, specifically in 1669, when Trumanââ¬â¢s Brewery was opened and was followed by a major boost in 1682, when King Charles II issued a charter allowing for market activities to be held on two market days, namely Thursday and Saturdays [3]. It is the success of the market that encouraged people to settle in the region, and in-migration then followed, with the French being the first group to immigrate into the region, to bring their silk weaving skills which were highly desirable in the market. Subsequently, the Irish in-migrated into the region escaping from the potato famine, and were followed by the Jews. Between 1880s and 1970s, the area became an overwhelmingly Jewish community area, representing the largest Jewish community in Europe [4]. The Bangladeshi also followed the in-migration route, and by the early 20th century, the c ommunity had established itself in the London Area Spitalfields, and introduced further Eastern cultures, businesses and trades. Therefore, the London Area Spitalfields suits the definition of a Global city, because it has become the societal and cultural melting and fusion point, where different cultures from the East and the West were integrated, to create a unique regional culture of its own [5]. The evidence of the people who have given the London Area Spitalfields its unique name and culture is still observable to date, with the existence of Jewish synagogues, Methodist Chapel, Muslim mosques and Huguenot church for Christians [3]. Characteristics of London Area Spitalfields
Tuesday, September 24, 2019
Strategic Planning of Amazon.com, Inc Essay Example | Topics and Well Written Essays - 4250 words
Strategic Planning of Amazon.com, Inc - Essay Example The paper gives detailed information about Amazon.com Inc. It conducts its business in various fields such as internet services, online retail, and the Kindle ecosystem. Amazon provides its services as Amazon Prime which has the facility of free of cost shipping within two days. It provides a free access to the kindle library (Johnson, et al., 2013). The other internet services provided by Amazon are referred to as Amazon Web Services and it is a side business as the company decided to lease out its services. Amazon is most commonly known as a low-cost retailer and provides its customers with wide range of products. The company started its online bookselling business and rapidly expanding the business to music as well as movies. It also offers online services in household goods as well as electronics (Johnson, et al., 2013). The retail strategy of Amazon also involves the company to act as a channel for the other retailers and earn a portion of revenue with the sale of the products. Amazon has also introduced the sale of used products in order to compete with the competitors such as eBay (Johnson, et al., 2013). The advertising strategies adopted by Amazon attract the customers in the global market and they are able to choose the products from their websites. The kindle ecosystem is part of their business model which is newly launched by Amazon as an electronic book reader and the company is confident that the customers will purchase enough electronic books (Johnson, et al., 2013).
Monday, September 23, 2019
Business Law Questions Essay Example | Topics and Well Written Essays - 1000 words
Business Law Questions - Essay Example Since the purse contains cash and is a valuable property, there is no chance of it having been abandoned. In both the other instances, Ms File has better rights on it when compared to others, but not so when compared to the original owner of the file whoever he may be. Under Common Law in the United States, the finder of the property is entitled to hand it back once the real owner has made a demand for it from the present holder. If Ms File is dishonest, or casual about the affair, she could spend the money or give to someone to spend. But in any case, she is liable to the true owner once he makes a demand for it. This is also true for any person who receives the lost or mislaid property from Ms File. But for arguments sake, if the purse had indeed been abandoned, Ms File holds better title to the property than anyone else including the owner. She has to hand over the purse and its contents if the owner identifies her and demands it back. Some states in the country stipulate a certai n time period after which ownership is transferred to the buyer. The only other right she has to claim for any expenses that might have incurred to keep the property in good condition. But there is no chance of Ms File incurring any expenses to keep a purse in good condition. She could be held guilty under the statute on conversion which is a tort in US law in case she refuses to hand it over. The facts of the case are as follows. Hank, who bought a car from Ford Motor Company with his friend Cheatem as surety was found to be insane at the time of contract. But this became apparent only when Ford sued Hank for non-payment of installment on the vehicle. Cheatem refused to pay up on behalf of Hank on the defense that the contract was invalid due to the insanity clause. According to US laws, ââ¬Å"insanity or mental incompetence is also a defense against enforcement of a
Sunday, September 22, 2019
Strategic plan ( Adelphi) Case Study Example | Topics and Well Written Essays - 2750 words
Strategic plan ( Adelphi) - Case Study Example y and type of food available in the cafà ©, complaints about the exposure of goods sold in the bookshop, a continuing deficit brought about by an ambitious and seemingly irrelevant program to which insufficient audience are attracted. Very unfavorable local media comment which has reflected badly on the councilor and the deficit for 2008/2009 was $117,300 although a small $6,540 surplus had been budgeted. The report gives a detail analysis of the prospects that will be used in order to ensure that all these draw backs will be overcome. The $100,000 utilization would also be discussed to ensure that no money is being wasted; and all of it including the earnings from each year is being utilized to the maximum. The condition of the management is almost in ruins; that is why the strategic plan would also give the details of new management requirements and the changes required to ensure that the right team is hired. The following SWOT analysis would give an overview of the Adelphi Art Council; the SWOT analysis would further help us in understanding the core of the problems and the available resources to resolve the issues. It will also help us understand the threats that could affect the plan from being successful (Bohm, 2009). It is a two story building covering an areas of 1500 square meter; the ground floor consists of foyer, box office and performing art theater with a capacity of 700 seats. There is room for small and private shows consisting of 150-200 people; and has other facilities such as meeting room, mezzanine area, cafà ©/bar and a bookshop, it also consist of an exhibition place for about 200 people. The place is also accessible for people with disabilities. The design of the building posed a number of challenges. The initial map of the building was not in accordance to the landscape, for this reason, the building that was erected has a limited capacity for the audiences. Additionally, the unfavorable economic conditions prevailing at that time were
Saturday, September 21, 2019
Youngs and technologies Essay Example for Free
Youngs and technologies Essay The teenagers of today, even the twentysomethings, havenââ¬â¢t known a life without technology. Itââ¬â¢s been an integral part of their existence, in many cases for the whole of their lives. Theyââ¬â¢ve taken to it like ducks to water when their parents have struggled simply learning how to programme a VCR. But when something is part of your environment from an early age, youââ¬â¢re bound to adapt to it and embrace it as a perfectly natural part of your life. Thatââ¬â¢s what the young have done with new technology; young people feel perfectly comfortable with it. You might not understand everything your mobile phone can do, even after reading the manual, but the chances are a teen can figure it out without the book in under an hour. Technology is a normal facet in their lives, and theyââ¬â¢re fearless about pushing buttons and experimenting. Where older people fear theyââ¬â¢ll either break something or change the settings beyond repair, the young understand that everything can be put back the way it was quite easily. Technology doesnââ¬â¢t scare them. Young People And New Technology How do most young people spend much of their free time? On their computers or their mobiles. Theyââ¬â¢re essential communication and information tools for them. Theyââ¬â¢ve grown up with computers in schools, and often had mobiles since their early teens or before, so theyââ¬â¢re almost extensions of their bodies and lives. So each new advance is just a small step forward for them, something that seems logical. Instead of going out to buy a CD, itââ¬â¢s far easier simply to download the tracks you want and nothing more. The Internet means convenience. They can transfer those tracks to an iPod or portable media player. Not just music, but video, too, to carry their entertainment with them. It makes perfect sense to them, just as a video-sharing site does, or using a video game console. They master these things effortlessly, as if theyââ¬â¢ve been programmed how to know what to do ââ¬â and growing up with technology, they have, in a way. But what they love above else, perhaps surprisingly, are their phones. They upgrade to the newest handsets, eager for new technology, and use it, using them for instant messaging, social networking, as music libraries, for the Internet on the go, even to watch TV in some cases. The Young And Advances In Technology The advances in technology for consumers arenââ¬â¢t necessarily aimed at youngà people, but they tend to be the ones who embrace them first. If itââ¬â¢s something new and better (and affordable) they want it. For them, the whole of technology can seem like a giant playground, with its devices like toys to be explored and enjoyed. Theyââ¬â¢re enthusiastic about technology, even if they donââ¬â¢t realise it. Itââ¬â¢s why they want the new video game with great graphics, the latest console ââ¬â even if they already have others. Itââ¬â¢s not greed as much as curiosity, want to see whatââ¬â¢s out there and play with it. The young and new technology is the perfect combination. As each new generation comes along, used to more advances, that will be even more the case.
Friday, September 20, 2019
US homeland security related critical infrastructure matters
US homeland security related critical infrastructure matters The statement: The Department of Homeland Security has complete responsibility for all U.S. homeland security related critical infrastructure (CI) matters is not entirely accurate; originally, matters of national security were the sole responsibility of the federal government (Homeland Security, 2003, p. 7). Today, national critical infrastructure protection is a joint effort among the federal government, public and private sectors. The Department of Homeland Security was established to protect and secure the homeland from both domestic and foreign threats. According to the Homeland Security Act of 2002, the development of a plan which will ensure the security of critical infrastructure is the responsibility of the DHS (Homeland Security, 2009). Likewise, the DHS is also responsible for recommending the measures necessary to protect the key resources and critical infrastructure of the United States (Homeland Security, 2009, p. 2). The mission of DHS is one that involves the protection of infrastructure and critical facilities and networks (Homeland Security, 2010, p. 33). The DHS is responsible for the identification and assessment of all components which make up critical infrastructure. In addition to mitigating potential vulnerabilities; improving the resilience of critical infrastructure, is also a top priority of the DHS. This includes but is not limited to: stand-alone facilities and interdependent systems and networks within and across critical infrastructure sectors (Homeland Security, 2010, p. 34). The DHS serves as the leader and facilitator for those agencies who share responsibility for protecting the nations critical infrastructures (Homeland Security, 2010, p. 31). Those agencies include territorial, tribal, local and state governments, as well as the private sector and other agencies not associated with the government (Homeland Security, 2003). Conversely, when a disaster occurs these agencies are the first line of defense for national critical infrastructures. Even though the DHS is responsible for leading critical infrastructure efforts, coordination of security measures within local and state governments and critical sector industry leaders are the responsibility of federal lead departments and agencies (Homeland Security, 2003). Similarly, it is the responsibility of state and local governments to provide protection to critical infrastructures that are located within their jurisdictions (Homeland Security, 2003, p. 10). If and when a catastrophic event should occur which exhaust the capabilities of local and state governments, it is up to the federal government to coordinate a response (Homeland Security, 2003). A majority of our nations critical infrastructures are privately owned or operated, which means that the private sector are initially responsible for providing protection against threats to their facilities (Homeland Security, 2003). When the threat becomes more than the private sector can handle then the government will step in to assist and ensure that our nations critical infrastructures and assets are protected (Homeland Security, 2003, p. 11). Likewise, the federal government will be there to provide support for an environment in which the private sector can better carry out its specific responsibilities (Homeland Security, 2003, p. 11). The chemical sector is one of the most vulnerable critical infrastructures to natural disaster and terrorist attacks, that being said the DHS is working with the EPA to enhance security at chemical facilities (Homeland Security, 2003). In addition, special attention is being paid to those facilities which house large quantities of hazardous chemicals (Homeland Security, 2003, p. 78). Studies conducted by the DHS and private sector are currently underway to identify and understand physical vulnerabilities within the telecommunications infrastructure and their associated risks (Homeland Security, 2003, p. 61). Even though the private sector must occasionally seek assistance from the DHS, there are times when the federal government must rely on the private sector to lend a hand in emergency response and recovery. An example of the federal government calling on the private sector for assistance was the anthrax scare of 2001. A large Washington D.C. construction corporation was contracted to oversee the abatement and restoration of the Brentwood Post office in Washington D.C. and the Trenton Post office facility in New Jersey. One must also understand that quite a few of our nations critical infrastructures cross international borders (Homeland Security, 2003, p. 35). Therefore the federal government has partnered with the neighboring countries to provide security for our interconnected infrastructures (Homeland Security, 2003, p. 35). The United States partnership with Canada is is a vital asset to national critical infrastructure, efforts are being made to provide protection for international interconnected infrastructures. An example of this partnership is the Alaskan Canadian hightway. In order to transport goods and supplies to Alaska we must travel cross Canadian territory. It is evident that matters of critical infrastrucutre involves not only the DHS but the public and private sectors as well. The DHS would not be able to carry out their responsibilites without the assistance of local and state agencies, the private sector and vice versa. The U.S. government has made great strides in developing techniques and strategies to harden U.S. critical infrastructures which will make them more resistant to terrorist attack and natural disasters. One of the U.S. governments goals is to establish a strong partnership that spans across all levels of government, in addition to the private sector and the American people (Homeland Security, 2009). The Protected Critical Infrastructure Information Program is just one of many steps taken by the U.S. government to harden critical infrastructure. This program provides protection to security-related critical infrastructure information (Homeland Security, 2009, p. 5). By breaking down each critical infrastructure sector it is easier to understand how the U.S. government has been successful in hardening each critical infrastructure. The agriculture and food sector is one of the most vulnerable critical infrastructures, that being said, efforts to harden this sector are an ongoing challenge (Mark Sauter James Carafano, 2005). The U.S. government has revised its measures by providing more protection through the hiring of more health inspectors, and adding more reporting requirements (Sauter Carafano, 2005, p. 291). Contamination of our nations water supply is often a topic of concern; efforts are being made by the Environmental Protection Agency as well as the Department of Homeland Security to conduct a vulnerability and threat assessment (Sauter Carafano, 2005). These assessments will improve not only site security at high threat locations it will also enhance monitoring and sharing of information (Sauter Carafano, 2005, p. 292). With regards to the critical infrastructure of public health the U.S. government has implemented measures to harden biomedical surveillance (Sauter Carafano, 2005). This is extremely important because of the risks of a biological attack. There have also been improvements in hardening security of emergency stockpiles of medical supplies (Sauter Carafano, 2005, p. 294). In order to improve the physical security of medical structures the U.S. government has provided incentives to the private sector (Sauter Carafano, 2005, p. 294). In response to hardening the critical infrastructure of emergency services the U.S. government has established measures to harden interoperable and redundant communication networks (Sauter Carafano, 2005, p. 295). The U.S. government has instituted a tougher national emergency preparedness exercise program which teaches better security and promotes consistent protection planning and response protocols (Sauter Carafano, 2005, p. 295). Since the defense industrial base critical infrastructure sector is owned by a majority of the private sector the U.S. government has implemented new measures to include critical infrastructure protection requirements in contract processes (Sauter Carafano, 2005, p. 296). Likewise, security is being strengthened in the defense related commercial production and distribution processes (Sauter Carafano, 2005, p. 296). The telecommunications critical infrastructure has been assessed by the U.S. government, and in return a program has been designed to identify where the most vulnerable areas are in the communication architecture and then address the security issue (Sauter Carafano, 2005). Conversely, there have also been efforts made in the energy critical infrastructure sector to enhance resilience of the energy facilities (Sauter Carafano, 2005, p. 298). Facility equipment is being repaired and replaced and there have also been improvements in restoration and recovery of services (Sauter Carafano, 2005, p. 298). Significant improvements have been made to harden the transportation critical infrastructure sector; for example, security initiatives have been established to provide commercial airliners with protection from shoulder fired missiles (Sauter Carafano, 2005, p. 299). There have also been new developments in screening technology which help identify potential threats to transportation as well as aiding the postal service sector in identifying suspicious mail (Sauter Carafano, 2005, pp. 301-302). Despite the many efforts being made to harden critical infrastructure, there are still several weaknesses in the U.S. governments strategy. Lets face it, the only other thing that is more costly than hardening critical infrastructure is the disruption or potential loss of operations in those critical infrastructures. It is clear that trying to harden all critical infrastructures is too daunting of a task and is not cost effective. The U.S. government needs to focus on those areas of the United States where our critical infrastructures are most vulnerable (e.g. New York City, Los Angeles, Washington D.C. etc.). The federal government also needs to look at the protection of our nations water ways. Information security systems need to be deployed to guard the locks on the Mississippi and St. Lawrence seaways (Bruce Don David Mussington). By employing an information security system it will enable the monitoring of vessels and ships while in locks or approaching locks (Don Mussington). To provide another level of security, river marshals could be deployed to accompany dangerous shipments through the locks (Don Mussington). Many people dont realize that a large majority of our nations goods are transported through inland waterways, which is why it is important that more attention be paid to the transportation sector.
Thursday, September 19, 2019
Molecular Aspects of Biofilm Essay -- Aquatic Engineering Systems
Biofilms occur extensively in aquatic engineering systems, where they are implicated mainly in biofouling and corrosion. Biofilm cause nosocomial infections by forming persistent growth in catheters and other body implants and medical devices; they also increase drug resistance and dental caries (Donlan, 2001). On the other hand, biofilm development followed by biofouling in cooling water system causes serious blocking of the coolant pipelines in power plants thereby increased load on pumps, microbial induced corrosion and substantial economic loss (Boffardi, 2005; Flemming, 2002; Oliveira, et al, 1993 and Rao et al. 1993). In waste treatment systems such as trickling filters, wet biofilms are used for catalyzing pollutant transformations (Wyndham, 1995). Microbial world is extremely diverse and so is their life style and adaptation to survive in any environment (Staley et al, 1997). Different bacteria acquire different mechanism to adhere and initiate the biofilm development depending upon their environment. Some bacteria use their pili or flagella to establish primary attachment (Virji et al. 1993). In the present work we investigated the role of a surface protein (Bap) in S. aureus in establishing biofilm on glass surface and the topological changes in response to Ca2+ concentration from 1 mM to 20 mM on the biofilm morphology. Earlier work by Arrizubieta et al. (2004) showed that expression of Bap is not affected in presence of Ca2+. We provide information on changes in surface protein mediated growth in the presence of various concentrations of Ca2+. Calcium is an environmental variable which influence the biofilm formation of certain bacteria (Geesey et al. 2000; Patruchan et al. 2005). In a previous report Arrizu... ...erent environment containing varying calcium concentrations. Conclusions: From the present investigation we established the following salient points; (1) Bap mediated biofilm development in S. aureus V329 is inhibited ï⠳ 5 mM Calcium (2) Other bap negative strains of S. aureus, SA7 and SA33 do not show any inhibition due to the presence of calcium even up to 50 mM. (3) Structurally similar BapA harbouring A. baumannii did not show any inhibition in biofilm formation in response to calcium. (4) CSLM study showed that varying Ca2+ concentrations significantly influenced the architecture and topology of the biofilm. CSLM study also shows that chelating of calcium by EDTA can inverse the effect calcium on biofilm development. (5) This study also specifies that the presence EF hand motif in Bap makes V329 strain responsive to Ca2+ presence in the milieu.
Wednesday, September 18, 2019
William Goldings Lord of the Flies :: Essays Papers
Lord of the Flies In the midst of a raging war, a plane evacuating a group of English boys from Britain is shot down over a deserted tropical island. Marooned, the boys set about electing a leader and finding a way to be rescued. They choose Ralph as their leader, and Ralph appoints Jack to be the leader of the hunters. Ralph, Jack, and Simon set off on an expedition to explore the island. When they return, Ralph declares that they must light a signal fire to attract the attention of passing ships. The boys begin to do so, using the lens from Piggy's eyeglasses to ignite dead wood, but they are more interested in playing than in paying close attention to their duties, and the fire quickly ignites the forest. A large swath of dead wood burns out of control. One of the youngest boys disappears, presumably having burned to death. At first, the boys enjoy their life without grown-ups. They splash in the lagoon and play games, though Ralph complains that they should be maintaining the signal fire and building huts for shelter. The hunters have trouble catching a pig, but Jack becomes increasingly preoccupied with the act of hunting. One day, a ship passes by on the horizon, and Ralph and Piggy notice, to their horror, that the signal fire has burned out; it had been the hunters' responsibility to maintain it. Furious, Ralph accosts Jack, but the hunter has just returned with his first kill, and all the boys seem gripped with a strange frenzy, reenacting the chase in a kind of wild dance. When Piggy criticizes him, Jack hits him across the face. Ralph blows the conch shell used to summon the boys and reprimands them in a speech intended to restore order. Yet there is a larger, more insidious problem than keeping the signal fire lit and overcoming the difficulties of hunting: the boys have started to become afraid. The littlest boys (known as "littluns") have been troubled by nightmares from the beginning, and more and more boys now believe that there is some sort of beast or monster lurking on the island. At the meeting, the older boys try to convince the others to think rationally: if there were a monster, where would it hide during the daytime? One of the littluns suggests that it hides in the sea, a proposition that terrifies the whole group.
Tuesday, September 17, 2019
Community Management of Toyota Owner Club
Background Technology takes part in the development of human being, especially information and technology. It creates globalization in almost every sector of economy, politics, education, and culture in almost every country. Technology makes information almost borderless and simplifies the customer source of information but on the other hand makes the market analysis grow more sophisticated and also creates the need of improvement in knowledge to understand the marketing model to cope with the dynamic improvement of technology.Marketing as knowledge to describe ââ¬Å"what-who-when-where-why-and howâ⬠to the market works describe in 3 main issue which is ; 1. Product management 2. Customer management 3. Brand management That is all learnt by marketeers so corporates could generate the demand of production continually time after time and surviving in the market. The problem nowadays is when the companyââ¬â¢s marketing slowly has less effect on customer due to a lack of trust o r the obsolete company methods used in todayââ¬â¢s shifting market, companies needs to be more ease and open to new, necessary information so it could be disseminated to their customers.Social media and information portal, easily accessed by those who need current information and recommendations, is more preferrable to the consumer. A research said that 90% of customers are sure about recommendations his/her friend gave them and 70% of customers are sure about opinions on the internet. graph 1 Degree of Trust for company advertisement (April 2009, the Nielsen Company) Somehow it is a phenomenon that less of consumers are convinced of companyââ¬â¢s advertisements and shifted to another form of ââ¬Å"advertisementâ⬠which is what we call recommendation by acquintances.It is an oopportunity for companies to take advantage of a community or group of loyal customers as an information pipeline to attract customers and prospected customers. It is what we know as word of mouth, which the dissemination of information is not massive but specified and spread in high speed thus making it unstoppable. To companies, above the line (ATL) advertising should not only be the main focus and main budget spent to market their product information and create the willingness to buy, companies also should convince the potential customer by developing the methods of effective below the line (BTL) advertising effective-efficient.Community involvement in this BTL aactivity is one of the activations in horizontal marketing. How to do that is develop a company that has marketing orientation from a precious concept (main issue of marketing explained above) into new concept of horizontal marketing which contains; 1. Co Creation 2. Communitization 3. Character building The point in communitization is explaining the relationship between the company and the consumers with a community between them. Godin Seth in his book ââ¬Å"Tribalâ⬠concludes that successful companies have t he support from the community.It explains that consumers intend to be more connected with other costumers rather than with the company. Here is great oopportunity if companies understand what its consumers want and take the appropriate action by accomodating consumers in a community or enter the existing community and give the company's influence there. A company needs to help consumers connect to their community so the influence has more power to persuade the following marketing effort. Fourier and Lee explain that consumers themselves would choose where they belong on the following type of connection : 1.Pools : here is where consumers are real brand fans and event hough they did not interact directly with other consumers in a community they would still be ââ¬Å"brand evangelistsâ⬠and strengthen brand power. 2. Webs : the consumer has one-on-one interraction, it is typically consumers who connect with each other on social media. They spread information and influence in one- on-one interaction but usually also affects other group members. 3. Hubs : A hub connection needs a leader, the trend setter and figure who brings another consumer (follower) into the network and these consumers will move around the leader and create a loyalty of brand.We might agree that a community is developed not to serve the business but to serve their members which attracts loyal consumers. But this indirect relationship does not mean the company has no intention, the company needs to maintain in effective-efficient way so marketing effort will not be a waste but instead succeed slowly but sure, the company builds the building blocks of a consumerââ¬â¢s trust and loyalty, and the community has significant role in it. 1. 2Problem Formulation For the background has been explained before, authors have researched the question to be developed as mentioned below : 1.What sre Toyota Owner Clubââ¬â¢s strengths, weaknesses, opportunities, and threats in its current position ? 2. How Toyota explains the frame work and milestones in this community management process ? 1. 3Research Objectives This research is done pursuing the explanation of problem found and set objectives as shown below : 1. Identifying Toyota Owner Club has strength, weaknesses, oopportunity, and threat 2. Giving suggestion of current community management process has frame work and milestone 1. 4Research scope Author has scope in this research are ; 1.Research conducted while doing industrial training in PT Toyota-Astra Motors (Head Office, Jalan Yos Sudarso ââ¬â Sunter II Jakarta 14330) in Marketing Division- Marketing Communication Departement, Event Section. 2. Information provided is infromation from author has observation, discussion, and primary and secondary data from industrial training period. 3. This research is not for profit and conducted as author has suggestion to the management, event section of PT Toyota-Astra Motors. 1. 5Internship Objectives This internship itself were conduct more than doing research are also to achieve these objectives ;
Monday, September 16, 2019
Guide for Writing Project Proposals
Guide for Writing Project Proposals This is a summary of how to write good, concise proposals for course projects. The focus of this summary is on programming or implementation projects, but the general ideas can be applied to most proposals. The recommended lengths of sections are given assuming a document length of 2 to 5 pages. Use appropriate scaling for longer proposal documents. Sample Outline The following is a sample outline for a project proposal.Note that all questions for a section may not apply to your proposal, and should be used as a general guide only. 1. Introduction (1 or 2 paragraphs) 1. Motivation Sentence 2. Summarize the problem (1 or 2 sentences) 3. Summarize the solution (1 or 2 sentences) 4. Describe format of rest of proposal (sections, etc. ) 2. Motivation (1 to 3 paragraphs) 1. What is the history of the problem? 2. Why is this problem interesting? 3. When and why does the problem occur? 4. Is the problem already solved? What is done now? 5.Are there any si milar systems or solutions to the one you propose? If so, reference and very briefly explain them. 6. Are there are possible improvements to current solutions? 3. Project Summary (1 paragraph) 1. What in general will this project achieve? (Do not delve into details or timelines. ) 4. Project Details 1. Architecture and Environment (2-3 paragraphs + figures) 1. Describe the project environment (software, hardware, languages, organizations, etc. ) 2. Diagrams and figures are useful here if appropriate. . What software, hardware, or tools will you use? 2. Implementation Issues and Challenges (2-3 paragraphs) 1. What will be the most difficult issues and challenges in the implementation? 2. How are you using or extending current tools/systems for your problem? 3. What makes your project unique? 3. Deliverables (3-5 paragraphs ââ¬â point-form may be used for some of the description) 1. What will the project produce? (program, report, etc. ) 2. Describe in relative detail the features of each of the project's products. 3.You may wish to separate deliverables into phases and indicate optional components given time. 4. Emphasize what your project contributes or achieves! 4. Timeline (1 paragraph ââ¬â point-form is suitable) 1. Provide an estimated timeline of project deliverables and important dates. 5. Conclusion (1 paragraph) 1. Summarize the project including the problem, motivation, and proposed solution, and re-state important (planned) contributions. 6. References 1. List references used to compile proposal and references that will be used for project (if already known).
Sunday, September 15, 2019
Drivers: the Most Dangerous Types Essay
According to the National Highway Traffic Safety Administration (NHTSA), approximately 6,800,000 car crashes occur in the United States each year (ââ¬Å"Talking Points-Aggressive Driving Prosecutorââ¬â¢s Plannerâ⬠). Of the 6,800,000 crashes, substantial amounts are contributed by certain types of drivers. Becoming more educated about driving and all the dangers that come along with it can be beneficial in preventing someone else from becoming one of these statistics. Of vehicular crashes, three types of drivers contribute to the numbers the most: aggressive, distracted, and teenage. First, aggressive drivers are one of the most dangerous drivers. According to the NHTSA, almost 13,000 people have been injured or killed since 1990 in car crashes caused by aggressive driving (ââ¬Å"Talking Points-Aggressive Driving Prosecutorââ¬â¢s Plannerâ⬠). There are a number of causes that provoke road rage. According to one survey, the number one thing that irked road raging drive rs the most was when other drivers were talking on their cell phones (ââ¬Å"A Statistical Look into Road Rageâ⬠). Additionally, of those surveyed, 55 percent were annoyed by drivers who cut across traffic without paying attention (ââ¬Å"A Statistical Look into Road Rageâ⬠). Other factors that provoke aggressive drivers are texting while driving, driving too fast, driving too slowly, and tailgating. Second, distracted drivers are also very dangerous on the roadways. According to the NHTSA, an estimated 448,000 people were injured in accidents where distracted driving was reported (ââ¬Å"Traffic Safety Factsâ⬠). Further, the NHTSA reported that sixteen percent of fatal car accidents in 2009 involved a distracted driver (ââ¬Å"Traffic Safety Factsâ⬠). Drivers under the age of 20 compile the group of most distracted drivers. A lot of factors play into distracted driving. According to the General Estimates System (GES) database from the NHTSA (ââ¬Å"Traffic Safet y Factsâ⬠), some of the things that distract drivers most are other occupants in the car, talking on or listening to a cellular device, adjusting the climate controls and/or radio, and eating/drinking (ââ¬Å"Traffic Safety Factsâ⬠). As reported by the NHTSA, at any given daylight moment across America, approximately 660,000 drivers are using their cell phones or other electronic devices while driving (ââ¬Å"What is Distracted Drivingâ⬠). Finally, the teenage driver can be quite dangerous. This includes drivers from ages 15 to 19. The risk of motor vehicle accidents is highest amongà this age group, more than any other age group, according to the Center for Disease Control and Prevention (CDC) (ââ¬Å"Teen Drivers: Fact Sheetâ⬠). According to the NHTSA, this group accounts for almost 282,000 of the injured people involved in motor vehicle accidents (ââ¬Å"Teen Drivers: Fact Sheetâ⬠). Among teen drivers, the death rate for male drivers is almost two times higher than that of their female counterpart. Unsafe speeds are the leading contributor in accidents among teen drivers. Another contributing factor is the fact that teens have poor hazard detection. Their lack of experience and skill contribu tes to this. As can be seen, there are several types of dangerous drivers. Aggressive drivers take out their frustration on other drivers, resulting in many accidents. Distracted drivers allow themselves to become unfocused when their full attention should be on the road. Teenage drivers cause the majority of roadway accidents, mainly due to inexperience and lack of skill. Becoming more educated about oneââ¬â¢s own driving style and that of those around an individual can help someone to become a better, more cautious driver. Works Cited ââ¬Å"A Statistical Look into Road Rage.â⬠The Auto Insurance. The Auto Insurance, 2010. Web. 31 Aug. 2013. Center for Disease Control and Prevention (CDC). ââ¬Å"Teen Drivers: Fact Sheet.â⬠Center for Disease Control and Prevention (CDC). USA.gov, n.d. Web. 31 Aug. 2013. National Highway Traffic Safety Administration (NHTSA). ââ¬Å"Talking Points-Aggressive Driving Prosecutorââ¬â¢s Planner.â⬠National Highway Traffic Safety Administration (NHTSA). USA.gov, n.d. Web. 31 Aug. 2013. National Highway Traffic Safety Administration (NHTSA). ââ¬Å"Traffic Safety Facts.â⬠National Highway Traffic Safety Administration (NHTSA). USA.gov, n.d. Web. 31 Aug. 2013. National Highway Traffic Safety Administration (NHTSA). ââ¬Å"What is Distracted Driving?â⬠National Highway Traffic Safety Administration (NHTSA). USA.gov, n.d. Web. 31 Aug. 2013.
Saturday, September 14, 2019
Asses the View That Childhood Is Not a Fixed Universal Experience Essay
Asses the view that childhood is not a fixed universal experience- Sociologists believe that childhood is not a fixed universal experience, this is called social construct, meaning that the idea about childhood is varied according to time, place, gender, ethnicity and social class. The definition of childhood is a state or period of being a child. Many children in todayââ¬â¢s society do not experience this and in the past too. Aries (1960) suggested that today childhood is only a recent social invention. Children in pre-industrial society were mini adults who worked and played the same as adults. Children were seen as economic assets. Aires argued that in the middle ages childhood did not exist. After industrialisation working class children were frequently found working in mines, factories and mills. However, according to Aires, middle class started to change around this time. There was an increase in marital and parental love in middle class families as the infant mortality rate decreased and families had fewer children. This then led into the early industrial times, with the industrial revolution the position of children had changed, but this wasnââ¬â¢t any better. Children were still made to work, but now not in fields but in factories, coalmines and up chimneys. There were no laws to protect the children from this, as the children were seen to be bringing in the much needed income to the household. Gradually laws did come into place to protect the children; this then led to the child-centred society. Aries claimed that childhood began from the early 13th century as fee-paying schools were open to provide the upper class education. The church also began to separate children from adults as saying that they are fragile creatures of god and needed to be punished differently Social attitudes started to change towards children in the nineteenth century. Children were excluded from factories and mines as it was far too dangerous to work in the conditions there. Some working class parents however, resisted these moves as they were ones that depended on their childrenââ¬â¢s wages to support and feed the family. Beginning of the twentieth century, a child-centred society emerged and the standard of living improved such as flushing toilets and sanit ation, infant mortality rate continued to decline. Due to this child centred society children have become very expensive and this is the reason why people are having less children so they can invest in love, socialisation and protection to theà children they have. Attitudes of children had started to change when society slowly started becoming child centred, so childrenââ¬â¢s needs of special attention and protection became about to such as the child support act (1991). This law monitored the way parents reared their children. Childhood as we know it today started to come about in the 1950s onwards. Child-centred means that children are now loved, valued and cared for properly. Children now have to attend mainstream school from the ages of 5 to 16. They have their own doctors, teachers and social workers to care for them. Childrenââ¬â¢s books, magazines, TV programs and films are made especially for them and finally have laws in place to protect them.
Common Core State Standards Essay
Is a girl in your neighborhood being taught the same things as a boy in another neighborhood? Is a graduating senior in Baton Rouge as prepared to get a job as a graduating senior in Minneapolis? The answer to these questions is ââ¬Å"no,â⬠and rightfully so. All children are unique. A student with autism or dyslexia should not be taught the same way as students who have no learning disabilities. Indiana, which adopted the Common Core State Standards (CCSS), is now eliminating those standards because, the state asserts, Common Core ââ¬Å"takes control of educational content and standards away from parents, taxpayers, local school districts, and statesâ⬠(Volsky). The Indiana legislators want to write new standards, which are governed locally, not at the federal level. NEED A TRANSITION? Forty-five American states, the District of Columbia, four territories, and the Department of Defense Education Activity have adopted the CCSS (Common Core State Standards Initiative). These standards were designed by a group of teachers, school chiefs, administrators, and other experts. The CCSS are suggested targets in English Language Arts and Mathematics that set the skills a student should possess in order to proceed to the next level of education. There is no clear divide on the standards between Republicans and Democrats; both have expressed their concerns. But, the controversy reached its peak when the Obama administration slowly started to support the CCSS (Bidwell). Proponents of the CCSS argue that the standards ensure that all students will have the same set of skills, the standards will make sure all students are college ready, and that the standards are a new state-led effort instead of a federal effort. I believe that all states should abolish the CCSS because children with disabilities should not be expected to learn the same way as advanced students, the CCSS takes away from the tradition and individuality of independent/parochial schools, and the problem in education is not standards but poverty. The CCSS have not made success easy for students with learning disabilities. According to the CCSS, students with disabilities ââ¬Å"must be challenged to excel within the general curriculumâ⬠(Herbert 10). In addition to students with disabilities, students without disabilities learn different things in different ways, mature at different rates, and have different talents and goals. There is no reason for states to have standards that require students to learn the same things at the same time, and learn them the same way (McClusky). The CCSS ââ¬Å"moves all kids largely in lock-step, processing them like soulless widgetsâ⬠(McClusky). In a recent discussion, Drexel University and University of Pennsylvania special education student teachers expressed their frustrations in trying to teach special-ed students within the confines of the CCSS (Beals 2). The CCSS are supposed to boost national achievement levels, but by restricting these students to subject matter beyond thei r cognitive abilities, the standards are ultimately lowering student achievements. The CCSS also take away from the tradition and individuality of independent/parochial schools. Parochial schools are private schools that are affiliated with some religious organization and whose curriculum includes religion along with all major subjects. As a graduate of Catholic schools, I believe it is important that the traditions and religion classes be kept alive in these schools. The standards were approved without consideration of how they would affect Catholic schools (Strauss 4). The Catholic education is geared at preparing students for a life of spirit, truth, and faith in God, all of which are never mentioned in the CCSS. Adopting the standards into Catholic schools will essentially diminish them of their tradition to help children not only obtain an education but to develop their faith. As an education major, I have observed many Catholic schools. On the walls, on the boards, and in the hallways, there are examples of prayer and religion everywhere. Taking this away wou ld be taking away the identity of these students. This will ultimately lead to the some students being ashamed of their religion. Another issue that arises is the involvement of the federal government. Independent and parochial schools are independent in their finances and governance and in most cases rely on tuition for funding. The CCSS are state-led efforts but, because theseà schools are free from state and federal government financing and guidance, they will not be able to afford the implementation of the CCSS. One of the reasons people believe CCSS are needed is because of the idea that Americaââ¬â¢s school system has low national test scores. This is not because the current standards are not working; the real issue is poverty. The reason for low-test scores is that about 23% of American students live in poverty. Finland, which has the highest-ranking test scores, has only 5% of students living in poverty (Krashen 37). Poverty stricken children in Queens, NY that have a lack of health care, food insecurity, and lack of library access will not succeed as well as a student going to a school in the Upper East Side of New York City. For example, studies show that food-insecure children are more likely to have slow language development, and problems in social behavior and emotional control (Krashen 38). This results in missed schools days, causing students to repeat grades, which leads to low achievement scores. Instead of spending money on implementing the standards, schools need to spend t he funds on sufficient food programs, improved health care (including more school nurses), and more money going towards libraries in lower-income schools. Some in favor of the CCSS believe that the standards will ensure that all students, no matter what race, gender, or state they are in, will have the same set of skills when graduating to each new grade level (Gardner and Powell 50). Although this is a great notion in theory, the idea that every single student in America will know the exact same things is a major overgeneralization. Even with the CCSS, children with disabilities are physically and mentally incapable of learning the same things at the same rate as a student in advanced or gifted programs. The CCSS have also increased the rigor of the curriculum students are learning. Therefore, students who are already struggling to not fall behind will struggle even further causing the students, parents, and teachers to suffer. In addition to underachieving students, overachieving students will also be negatively affected by the standards. Children who learn faster than others, or who are naturally smarter than their peers will be for ced to learn at the same pace as students who are not as gifted. This will result in students being boredà and losing all interest in school. If every single child in America had the same cognitive abilities, the CCSS would be the answer; but they are not. Other proponents believe that the CCSS will make sure all students graduating from high school are college ready. The problem with this is, America has too many over educated students; the professional work force does not have enough jobs for American students when they graduate. If all students are college ready, no one will want to work at grocery stores, fast food restaurants, mechanic shops, etc. If every student gets a degree and starts work in the professional world, the economy will eventually fail. There will be no farmers to produce groceries; there will be no waitresses; there will be no janitors or cleaning services. In order for this countryââ¬â¢s economy to produce money, there needs to be people who do not earn college degrees. One major reason people are supporting the CCSS is because they are state-led instead of being dictated by the federal government. The federal government is largely imposing the CCSS. The National Governors Association and the Council of Chief State School Officers, both of which do not represent states, created the standards. The hasty adoption by most states was federal action. To compete for a part of the $4.35 billion Race to the Top (ADD DEFINITION) reward, a federal government led education effort, states had to adopt the CCSS (McCluskey). When the CCSS came about, the Obama administration only gave states two options: adopt the CCSS or make sure a state university certified a student as college ready. Also, the U.S. Department of Education funded two programs that created the national tests that coincide with the CCSS (McCluskey). With all of this federal involvement, the CCSS is no longer a state-led effort. It is a ââ¬Å"one-size-fits-allâ⬠program that ignores the nee ds of the individual states. The reason to oppose the CCSS is not because of the content, some of which is great, the reason is that the CCSS lacks most qualities needed to be considered authoritative, or to even be considered standards. Sadly, the CCSS is generating in Americaââ¬â¢s education system severe and lasting damage that would take decades to reverse. The CCSS is bad for states, teachers,à students, parents, and anyone associated with the education process. Now, ask yourself these questions again. Is a girl in your neighborhood being taught the same things as a boy in another neighborhood? Is a graduating senior in Baton Rouge as prepared to get a job as a graduating senior in Minneapolis? Still, the answer is ââ¬Å"noâ⬠. Do you believe me now that this is a good answer? Works Cited Bidwell, Allie. ââ¬Å"The History Of Common Core State Standards.â⬠U.S. News Digital Weekly 6.9 (2014): 7. Academic Search Complete. Web. 27 Mar. 2014. Common Core State Standards Initiative., 2012. Web. 3 Feb. 2014. Herbert, Marion. ââ¬Å"Common Coreââ¬â¢s Implications For Special Ed Students.â⬠District Administration 47.2 (2011): 10.Academic Search Complete. Web. 27 Mar. 2014. Krashen, Stephen. ââ¬Å"THE COMMON CORE. (Cover Story).â⬠Knowledge Quest 42.3 (2014): 36-45. Academic Search Complete. Web. 15 Feb. 2014. McCluskey, Neal. ââ¬Å"No Child Is Standard.â⬠Reading Today 31.2 (2013): 30. Academic SearchComplete. Web. 27 Mar. 2014. Strauss, Valerie. ââ¬Å"Catholic scholars blast Common Core in letter to U.S. bishops.â⬠Washingtonpost.com. The Washington Post, 2 Nov. 2013. Web. 16 Feb. 2014.
Friday, September 13, 2019
Changing Housework Arrangement Between Couples Literature review
Changing Housework Arrangement Between Couples - Literature review Example Social change is brought about by the continued increase in the number of women who join the labor force in North America, Europe and Oceania starting the age of industrialization (Kornblum 2007). The increase in number of women joining the labor force (Bianchi et al. 2000; Kamo & Cohen 1998; Presser 1994; Shelton 1990, cited in (Omori & Smith 2009) resulted to a decline in the number of hours spent for domestic work (Artis & Pavalko 2003, cited in Omori & Smith 2009). The changing work division is attributed to the declining time that wives spare for household chores (Van der Lippe et al. 2004, cited in Omori & Smith 2009). The routine household works are influenced by cultural values and in line with the ââ¬Å"male-breadwinner-and-female-homemaker arrangementâ⬠(Treas 2011, para. 6). Cleaning the house is associated with women while working outside to earn a living is the obligation of men (Omori & Smith 2009). However, in African American and Hispanic households, wives usual ly work outside of the home to earn a living (Omori & Smith 2009). Omori and Smith (2009) reported that women who hold higher or managerial positions, with increased status and income, tend to spend lesser work hours at home. Studies from several countries show that household work arrangements are influenced by values, beliefs and norms in the community (Treas 2011). Through long practice, many household chores were relegated to women. (Van der Lippe et al. 2004, cited in Omori & Smith 2009).Ã
Thursday, September 12, 2019
Literature Review Bachelor Essay Example | Topics and Well Written Essays - 3000 words
Literature Review Bachelor - Essay Example The extent to which the employees feel motivated to put the best foot forward depends upon the policies adopted by the company in towards motivation. Theory Y assumes that all employees have key roles to play in running the organization and management's role is to develop the potential in employees and help them to release that potential towards common goals. The biggest drawback of McGregor's theory is that it sort of draws a dividing line. But in practice there's no such fine dividing line between type X and type Y. An organization cannot have all the people having similar capability and attitude towards work. Similarly all the students in a classroom cannot have similar calibre and IQ. Moreover a person who behaves in a particular manner today may come around and start taking things in different perspective once the manager takes him in confidence and makes him understand couple of things. Sometimes circumstances prevail upon the person and he starts behaving in a different way. Motivation may be defined as the state of an individual's perspective which represents the strength of his/ her natural inclination to exert efforts towards some particular behaviour. How somebody makes use of his/ her efforts towards a goal is determined by the motivating/ de-motivating factors. It is through their behaviour that employees give expression to their commitment to work, level of motivation and their attitudes. Behaviour includes all actions overt or covert, and verbal or non-verbal. This affects the overall efficiency of the person and the performance of the organization. For Primark, the main target segment includes the youth segment. This under 35 segment prefers to go for the trendy fashion, requires quality at reasonable prices. To serve this segment is challenging but interesting as well, because today the spending power of youth segment has comparatively gone up. Moreover the young workforce at Primark will surely enjoy dealing with their age group customers, as it might require them lesser efforts to sell the idea to youth as compared to senior age group persons. The 'look good, pay less' proposition from Primark fits perfectly well with the youth segment. The brand identity being created by Primark amongst the youth helps in offering a valued
Wednesday, September 11, 2019
Synthesis of Research Problem, Method, and Design-Hypothetical Designs Paper
Synthesis of Problem, Method, and Design-Hypothetical Designs - Research Paper Example These challenges, which include dishonesty and plausible misjudgments, threaten the quality of results obtained through this process. Certain measures have, however, been put in place, to ensure high quality, and error free results. There is little or no attention given to the efficiency and throughput of the crowdsourcing process or the integrity of the results obtained. It is argued that the numbers of task workers and tasks are always small, thereby, resulting in crowdsourcing techniques that are not conscious of the number of tasks, potential worker behavior and efficiency of the process. This research aims at proposing a crowdsourcing, result-improvement technique that is independent of task complexity and sizes and ensures result quality, integrity, as well as efficiency and throughput of the process. The hypothesis being studied in this case is that crowdsourcing result-improvement techniques that are task size and complexity independent ensures result integrity, quality, effi ciency as well as throughput. Hypothetical Designs Quantitative design This design will utilize experimental research method - methods that aim at maximizing replicability, generalizability, and objectivity of results; mostly concerned with prediction (Creswell, 2009). The focus will be to test several existing crowdsourcing techniques including r-Redundancy, v-Voting, and Vote Boosting techniques on a large number of tasks that will be handled by a large number of users. These techniques will be considered as experiment participants. The independent variable in this case would be the crowdsourcing techniques, including r-Redundancy, v-Voting, Vote Boosting techniques and the technique that this research will propose. The independent variables will be studied in two level; low task, less complex task level, and high number of tasks, and complex tasks level. Consequently, the dependent variables will be integrity, quality, efficiency as well as throughput. The experiment will be set in such a way that, the tasks set for testing, will have two definitive parameters including the accuracy of the tasks initial states and the number of options available per decision. 8 sets of 100,000 tasks with 3, 4, or 5 options and 75%, 85%, and 95% as the accuracy for the initial set tasks. There are about 4 to 10 decisions distributed normally. The user network or population tested also has two parameters including mean probability for committing errors and for dishonesty. Values of 3%, 6% and 20% are used for both dishonesty and making of errors. These probabilities were distributed exponentially over [0, 1] around their mean values. Simulations for about 40 input-aggregation functions with each one receiving one input are run repeatedly. For this experiment, the proposed quantitative hypothetical design is deemed to be extremely expensive even in the event that only few points in a parameter space are covered. Qualitative Design In this case, this research method will aim at understanding and discovering the perspectives, thoughts and experiences of previous researchers and participants in the same field in order to understand reality, purpose and meaning (Trochim & Donnelly, 2008). The focus will be to review and evaluate literature on previous and current research
Tuesday, September 10, 2019
Reaction paper Coursework Example | Topics and Well Written Essays - 250 words
Reaction paper - Coursework Example Laws in different countries or legal systems are different from one another and comparative law is the study of differences and similarities between these laws. The comparison can be between two or more countries. Comparative law unlike is not a set of rules or law in itself but an approach or method to legal enquiry ((Hoffman and Rumsey 4). From the above understanding of the two laws comparative law would be best suited and more useful in understanding gender issues that International law. The reason for this is compares the laws in different countries and more importantly tries to find the source of the issue. Different countries have different ethnic backgrounds and hence have different gender perceptions. In such case the source of same gender issue in two different countries can be different. Hence, single binding resolution or law like international law in both countries would not be appropriate or right. In this comparative law approach would be best to understand these issues. International law can be used in cases of extreme gender inequality but for deeper gender issues comparative law would be
Monday, September 9, 2019
Education and Economic Growth Essay Example | Topics and Well Written Essays - 1500 words
Education and Economic Growth - Essay Example In other words we can say that the overall well being of people depends upon its economic growth. Therefore the objective of any nation is to increase the size of its GNP. The economic growth of any country depends on various factors such as higher capital and infrastructural investment, better technology and social welfare. The effect of social welfare on growth is a debatable issue. Social welfare includes better health, education, employment and social security. GNP is calculated using the value of final goods and services produced in an economy .The measurement of GNP thus does not include social welfare however according to many economists social welfare is one of the stepping stone for any nation's growth. This study deals with the effect of education on economic growth. There are two arguments, one says that education generates human capital and thereby leads to growth while another says growth leads to development of educational facilities and thus increases education. Human is one of the basic factors which helps a country to achieve its macroeconomic aims i.e. growth and stability. The world today is undergoing rapid change in almost every field be it technology, financial markets or management. The people of different nations therefore need to adapt themselves to this change by upgrading their knowledge and generating creative ideas. In conclusion we can say, a country's human resource is one of the important determinants of growth. The human capital of a country depends upon its education level, flexibility of people and teamwork. In the excel sheet "Country consolidated" Graph 1 shows the relationship between per capita GNP and primary enrollment. Studying the graph carefully we see that low income countries have low primary education and high income countries have high primary education. However in the lower and upper middle income countries primary education does not have much impact on the GNP. The level of primary education in lower and u pper middle income countries are almost same, although there is a significant difference in their level of per capita GNP. The second graph i.e. Graph 2 studies the relationship between per capita GNP and secondary enrollment. In this graph also we see that low income and high income countries have a positive correlation between per capita GNP and secondary education. However the lower and upper middle income countries are showing some variations. The lower middle income countries are showing higher secondary enrollment than the upper middle income countries. Let us understand the reason for these variations. The contribution of human capital to growth depends upon the availability of inputs such as physical capital and technical know how. The availability of these inputs varies with the level of development i.e. low income countries have low physical capital, suggesting that the growth effects of education will be different for low and middle income countries. The graphs clearly su ggests that primary education have positive effects on growth for both low and lower middle income countries where as secondary education has positive effect on the growth of upper middle and high income countries. The third Graph i.e. Graph 3 we find that for the high income count
Sunday, September 8, 2019
Orporate finance Essay Example | Topics and Well Written Essays - 4000 words
Orporate finance - Essay Example They also relaxed the stationarity assumptions of the random walk model. Fama (1970) continued the formalisation of the notion of "efficiency" in economic terms. He defined an efficient market as one "in which prices always 'fully reflect' available information". He also stated the conditions that would suffice for efficiency: "(i) there are no transactions costs in trading securities, (ii) all available information is costlessly available to all market participants, and (iii) all agree on the implications of current information for the current price and distributions of future prices of each security." Though adopting a statistical viewpoint, Fama (1970) differentiated information as "weak", "semi-strong" and "strong" forms. Later on, Rubinstein (1975), Beja (1976), Beaver (1981), and Latham (1986) adopted the framework of information economics where the definition is expressed in terms of the actions of individuals, as opposed to the actions of the market as defined by Fama (1970). Specifically, according to Beaver (1981): "A securities market is efficient with respect to a signal yt if and only if the configuration of security prices {Pjt} is the same as it would be in an otherwise identical economy (i.e. with an identical configuration of preferences and endowments) except that every individual receives yt as well as [that individual's own information]." Ray Ball (1994, p. 12-13) has a few criticisms of this school of thought. First, he argues that security prices in the "otherwise identical world" are ultimately priced using CAPM, which is implied by Fama's (1976) model. Secondly, he critiques that this model has confused properties of market with properties of information. Grossman (1976), Grossman and Stiglitz (1980) and Jordan (1983) associated "efficiency" with incentives to produce information. ACCOMPLISHMENTS First, the theory of stock market efficiency has developed prevalent respect for markets. Empirical evidence pointed to the efficiency of the stock markets, changing academic and even non-academic attitudes from suspicion to respect. Furthermore, the pioneer work on "efficiency" coincided with the surge in interest in and respect for markets in general among economists, and subsequently among politicians. The pioneer empirical work thus assumed importance and attracted interest beyond its direct impacts on stock markets. It led the global trend toward liberalising financial and other markets. The theory of stock market efficiency has also changed perceptions about how stock markets work. Before FFJR (1969)'s work, market reaction to information is viewed from a single point in chronological time to broad
Saturday, September 7, 2019
OPERATIONS MANAGEMENT Essay Example | Topics and Well Written Essays - 2500 words
OPERATIONS MANAGEMENT - Essay Example Last but not the least, effective and competitive remuneration and reward packages have to deployed to employees as happy employees result in happy and satisfied customers. Introduction The hospitality industry is a service industry and most of its products are in the form of intangibles which make both their quality management and measurement a difficult job. Different dimensions of operations management apply to hotels and can be implemented to ensure customer satisfaction. The hospitality service is as old as time but the hotel industry is ever changing and ever evolving. Techniques of operations management in hotels must change with changing circumstances. But still there are four broad areas of management in hotels which also serve as four key functions of the hotel. These four include 1) Food production or buying, 2) Food and beverage services, 3) Housekeeping and 4) Front office receptions. Research methodology Most of the research used is secondary research and the qualitativ e results of the different researches which have already been done in this field. Qualitative and quantitative studies were combined to form a higher quality of research which linked the great importance of hotel marketing to seize market opportunities. Both qualitative and quantitative research is thought of as complementary to each other and therefore they were mixed. (Malhotra, 2007, p. 176)Examples are also taken from the best practices of different hotels and the causes of their successes have been analyzed and then suggested to be implemented in the hotel functioning. As a business system, a hotel is a complex, dynamic, open and organizational system which seeks to interact with both its customers and the environment. The aim of such a system is guest satisfaction which it tries to achieve by making its functions efficient and effective and providing both its services that is food and beverages; and boarding and lodging at its best. Overall a hotel is supposed to instill a fee l-good element in its customers which can be achieved not only by interiors but also by the ambience, the service quality and additional services. These can be also achieved by integrating the latest technology and the latest operational practices with supply chain management, human resource management and quality controls. These activities also revolve around producing a competitive advantage for the hotel. The key features of the hotel environment are employee performance, customer demand and asset protection which are achieved by increasing productivity, providing service and deriving a high income. The result of all these activities if performed well is the optimum quality of service provided to customers. (Peter Jones, 2002, p. 30) Hotel design The environment created by the hotel building is fundamental to the hotel experience. The creation of this environment entails not just the physical safety of the guests but also tending to the comfort needs of the guest. The modern hote l is much more than a place to sleep. It is capable of providing an escapist experience by its design, spectacles and amenities it provides. (Klumbis, 2009) No longer is staying in a hotel retained to getting a clean and comfortable room but today hotel design and environment also play a major role in whether guests receive the ultimate guest experience during their stay. Thus aspects such as noise levels, lighting and other
Friday, September 6, 2019
The Revolution will not be monetarised Essay Example for Free
The Revolution will not be monetarised Essay The paper explains the revolution brought in media publication in the 21st century. It lists the different types and source of media available in todayââ¬â¢s world which has bought drastic change in our lives. Publishers use various modes for publications that are very much profit oriented. The process of producing and disseminating information or literature is known as Publication. In simple words it is supplying information to public through different means. The content needs some media to reach out to people of different areas. Normally it is also extensively used for distributers of printer material like newspapers or book or magazines. But recently after the invention of digital form of information via Internet, things have revolutionaries. The field of publishing has expended the scope beyond imagination; involving electronic resources including electronic books, journals, and periodicals, and also blogs, websites etc. Publication includes; the developing phases, acquiring , editing and coping, graphic designing, and then printing or uploading on the internet and promoting and giving out the magazines, newspapers, books, musical works, literary works, software and all other forms handling some sort of information(McLuhan Lapham 1994). It is a separate business field. Usually the publishers handle marketing and advertising tasks as well but they can also sub contract other professional marketing publisher agencies. In the modern era revolution has bought by the internet and a new trend of freelance has introduced which means working from home on internet at their free time and in return they get paid(McLuhan Lapham 1994). Hence one of the revolutionary changes in media publishing adopted by many of the companies is that editing, revising, proofreading, drafting, designing and other steps of publishing production are done by or with the help of freelancers. Book packaging another trend where the whole procedure till the phase of printing is tackled by external individuals or companies, and later they are sold to publishing company. It is quite common type of implemented strategy among small publishers in various defensive markets where the prior company buys the academic possessions right and then it sells package to other publishing companies and earn an instantaneous return for their capital investment. Certainly, the prior publisher will usually print enough copies to meet the markets demand and therefore achieve the utmost amount of competence of the printed versions (Vivian 2008). Some corporations enhance their profit margins through mixing combination; though publishing of books is not among them. Even though magazine and news agency companies still frequently possess a printing press, where as book publishers hardly possess any. Correspondingly, the profession normally sells the complete and ready to sell products by a dispenser, who keeps and supply the publishers products on a certain fixed above percentage fee or sells on a selling on return conditions( Sissors Baron 2002). The arrival of the Internet has therefore raised an exciting question which challenges the publishers, dispenser and vendors. Recently, publishing of the textbooks and the journals is a share of a foreign production. Detractor argue that standardized accounting and revenue ââ¬âfocusing strategies have relocated the publishing model of make available right of entry for all. Comparing the profit-making ideal, there is also a publication not for profit, which is either organized particularly for the intention of publishing, for example university press(Wells, Moriarty Burnett 2005). A substitution method for the commercial ideal is right for entry to all, the delivery of particularized articles, information and journals over internet without any charges to information seeker and libraries. A similar expansion in this field of free source available over internet, which is also group edited, as demonstrated by a variety of schemes, like Wikipedia, Wikiprofessional, and Wikiversity. Theoretically, cinemas, television, radio, music systems, games, computer hardware, VCDs and DVDs, and cellular phonic also publish information to their spectators. Authors in a particular arena or having a limited demand originated small scale remedies to their huge market in the shape of self-publishing and small presses. Even these alternatives contain e-books format and printing on demand only to save from extra useless miscellaneous expenses. These substitutes for publication also give an opportunity to writers who consider that conventional printing will not fulfill their requirements or those who are in a condition to earn larger sum of money by straight method sales than they actually earn from bookstore sales, like famous writers who have written a series of milestones. By this means writers are more promptly published because of a comparative lower costs incurring. In the twenty first century a large amount of new scientific revolution took place in the publishing/ printing media production. These revolutions include printing on order, e-books and easily reached publications. E-books got very good response and are rapidly being grown in accessibility from 2005 till date. Amazon and Google are the cream of the when talked about the digital books publishers and libraries. The facility of quickly getting a book printed cheaply on order meant that publishers no further have to keep the bulk of books at their warehouses incase their book is not in or low in demand. This is a big benefit to small scale publishers who now can easily manage exclusive of expenses and larger scale publishers can now lower their cost by successfully selling their blacklisted books. Easily reached publication of media sources use the digital books to score books into XML and then later generate manifold designs from it to put up for sale to different customers, usually directed at those who have problem in reading. Layouts comprise of a variety of techniques like enlarged font size, Specific printing techniques, eye tracking dilemma and muscular deterioration, e-books and Audio or visual books. These daysââ¬â¢ people are bombarded with information of all sorts. All types of media have schedule, agenda, program and pressure on the peopleââ¬â¢s thinking and opinion. Hence again the responsibility lies on the shoulder of writhers, authors, and publishers who are a prime source to media to educate these people by providing them with the tackling of critical analysis(Straubhaar, LaRose Davenport 2008). They should plan such that it would give a chance to people especially young generation to discover print media, examine the distinction concerning facts and fictions, investigate various source of marketing and promotion, find out the significant and insignificant information, and generate a quality drafted information which make obvious their comprehensive research workings on the media. The facts and figures should be kept in mind while getting information from advertisements that are seen in todayââ¬â¢s world. They should discover a lot of mechanism that they learned. The use of a wide range of resources for their information and a mixture of modern revolutionary method representing the information is very essential. The revolution is just taking place as rapidly as a fire and no authority is monetarizing in to keep a check on material presented and the way it is presented on the different types and sort of media. Reference: McLuhan, M. Lapham, L. H. , 1994. Understanding Media: The Extensions of Man. The MIT Press Sissors, J. Z. Baron, R. , 2002. Advertising Media Planning. McGraw-Hill Advertising: Principles and Practice Straubhaar, J. , LaRose, R. Davenport, L. , 2008. Media Now: Understanding Media, Culture, and Technology. Wadsworth Publishing Vivian, J. , 2008. Media of Mass Communication. Allyn Bacon Wells, W. D. , Moriarty, S. Burnett, J. , 2005 . Advertising: Principles and Practice. Prentice Hall
Subscribe to:
Posts (Atom)