Wednesday, September 2, 2020
How to Write an Outstanding MBA Essay
The most effective method to Write an Outstanding MBA Essay Most of graduate business programs require each candidate to give in any event one achieved MBA paper as a necessary piece of the application procedure. The delegates of the confirmation sheets utilize the papers, along with other application components, so as to decide if a potential understudy is an ideal fit for a specific business college. An expertly investigated and appropriately cultivated MBA papers are an extraordinary open door for you to build your odds of acknowledgment just as to contrast the foundation of different candidates. MBA Essay: What? Why? How? ââ¬ËHow to compose a MBA essay?ââ¬â¢ A run of the mill question if youââ¬â¢re a bustling school or college understudy who has neither strong information in a specific field nor superb composing abilities. On the off chance that youââ¬â¢re among the unfortunate folks who are stuck in no place, we have uplifting news for you â⬠composing a MBA paper is anything but a troublesome errand by any means! All you need to never really up with a first rate MBA article is to adhere to the directions gave underneath: Exploration. Prior to composing a paper, it is profoundly critical to do an exhaustive exploration so as to gather all the material expected to finish a decent MBA exposition for any school discipline be it Psychology, Marketing, IT or Engineering. Complete a solid proposition proclamation. The second step that you, as the MBA exposition creator, must take is to give a reasonable and brief theory articulation that will illuminate your intended interest group about the motivation behind your MBA paper. Psyche that you need to do that inside a solitary sentence. In addition, the postulation articulation ought to be direct and compact. Your mentor shouldnââ¬â¢t experience any sort of difficulty while perusing and understanding your theory explanation. Separation your paper into parts. Gap your MBA exposition into the body sections and make a point to give headings where fitting. Art a blueprint. At the point when the inquiry is the way to compose a decent MBA article, consistently make sure to utilize basic and clear language. Before you produce a genuine book, it is critical to fabricate a solid framework. With the assistance of a strong plan, you have a chance to make a preeminent quality MBA article that will show that youââ¬â¢ve accomplished some genuine work to concoct the quality bit of composing. Besides, a decent diagram will assist you with improving thought of what focuses you should add to the paper and which ones ought to be deleted. Partition into areas. The presentation, the body, the end are the must-have for the MBA paper venture. Never neglect to give them in your piece since these sections transform your MBA article into the one that merits an A+ and illuminate your coach about the uncommon composing abilities that you have. The introduction of the MBA paper is utilized to present the point that youââ¬â¢re going to examine and give a fast and definite outline of the venture. Simultaneously, the convincing piece of the MBA article demonstrates how you react to a specific issue that youââ¬â¢ve featured in your introductive section and the body of the task. Give school particulars. No ifs, ands or buts, youââ¬â¢d like to show your insight into a specific school. This implies knowing and referencing explicit classes or an employee that youââ¬â¢re keen on the most. Discussion about certain associations nearby that snare your consideration. Name your objectives and how the school can assist you with drawing nearer to them. The key here is honestly and explicit, composing an account of how you can add to the assorted variety of the class. Act naturally. The delegates of the confirmations board are looking for the approaches to see progressively about an expected understudy and their interesting character. Thus, ensure you have something to bring to the college network table! Cause sure to mention to them what sort of effect you to can make. With regards to the altering, guarantee the numerous corrections don't lessen your one of a kind individual voice. This isn't only a MBA paper, this is your exposition! Presently youââ¬â¢re authoritatively gave everything expected to create an incredible MBA paper inside the predefined cutoff time. To get more subtleties, don't hesitate to connect with the believed custom paper composing administration that gives proficient composing help day in and day out.
Saturday, August 22, 2020
Questions Pertaining to Mega Mountain and Columbia Food Company Essay
Questions Pertaining to Mega Mountain and Columbia Food Company - Essay Example Following up on inside data, Franklin increased an illicit bit of leeway over different investors and benefitted from their misfortunes. His activities were in direct infringement of the Securities and Exchange Act of 1934. So as to demonstrate its case, the Securities and Exchange Commission should make sure about the declaration of the official secretary who imparted the takeover data to Franklin. In any case, this declaration alone won't be adequate to demonstrate the case. On the off chance that, as the situation calls attention to, the SEC has recorded suit against Franklin and others, somebody more likely than not thought about Franklin's entrance into the official workplaces to acquire data about the object of Mega Mountain's takeover. Utilizing the declaration of both the official secretary, and a source who exposed Franklin's exercises, the SEC will have the option to demonstrate its body of evidence against Franklin for infringement of the 1934 Securities and Exchange Act. Liuzzo and Bonnice (2006) characterize easement as a privilege or enthusiasm for land conceded to involved with utilize the land claimed by another (p. 321). When an easement has been recorded, it can't be sold or in any case moved. The inquiry to be resolved here is whether an easement was referenced in the most punctual accessible deeds of the two properties.
Friday, August 21, 2020
Five Things You Dont Know About Africa
Five Things You Don't Know About Africa 1. Africa isn't a nation Alright. You do know this, however individuals every now and again allude to Africa as if it were a nation. Some of the time, individuals will really say, ââ¬Å"Countries like India and Africaâ⬠¦Ã¢â¬ , however more regularly they essentially allude to Africa just as the whole mainland confronted comparable issues or had comparable societies or accounts. There are, be that as it may, 54 sovereign states in Africa in addition to the contested domain of Western Sahara. 2. Africa isn't all poor, country, or overpopulated Africa is a fantastically assorted landmass strategically, socially, and financially. To get a thought of how peopleââ¬â¢s lives and openings vary across Africa, think about that in 2013: Future went from 45 (Sierra Leone) to 75 (Libya Tunisia)Children per family extended from 1.4 (Mauritius) to 7.6 (Niger)Population thickness (individuals per square mile) ran from 3 (Namibia) to 639 (Mauritius)GDP per capita in current US dollars ran from 226 (Malawi) to 11,965 (Libya)Cell telephones per 1000 individuals ran from 35 (Eritrea) to 1359 (Seychelles) (Every single above datum from the World Bank) 3. There were realms and realms in Africa some time before the cutting edge time The most popular old realm, obviously, is Egypt, which existed in some structure, from approximately 3,150 to 332 B.C.E. Carthage is likewise notable because of its wars with Rome, yet there were various other antiquated realms and domains, incorporating Kush-Meroe in present-day Sudan and Axum in Ethiopia, every one of which went on for more than 1,000 years. Two of the more well known conditions of what is now and again alluded to as the medieval time in African history are the Kingdoms of Mali (c.1230-1600) and Great Zimbabwe (c. 1200-1450). These were both rich states associated with intercontinental exchange. Archeological burrows at Zimbabwe have uncovered coins and items from as distant as China, and these are nevertheless a couple of instances of the well off and ground-breaking states that prospered in Africa before European colonization. 4.à With the special case of Ethiopia, each African nation has English, French, Portuguese, or Arabic as one of their official dialects Arabic has for some time been spoken broadly in northern and western Africa. At that point, somewhere in the range of 1885 and 1914, Europe colonized all of Africa except for Ethiopia and Liberia. One result of this colonization was that after freedom, the previous provinces kept the language of their colonizer as one of their official dialects, regardless of whether it was a second language for some citizens.The Republic of Liberia was not in fact colonized, however it had been established by African-American pioneers in 1847 thus previously had English as its authority language.This left the Kingdom of Ethiopia as the main African realm not to be colonized, however it was quickly vanquished by Italy in the number one spot up to World War II. Its official language is Amharic, yet numerous understudies study English as an unknown dialect in school. 5. There are as of now two female Presidents in Africa Another normal misinterpretation is that ladies are mistreated across Africa. There are societies and nations where ladies don't have equivalent rights or get regard equivalent to that of men, yet there are different states where ladies are lawfully equivalent to men and have broken the biased based impediment of governmental issues â⬠an accomplishment the United States of America presently can't seem to coordinate. In Liberia, Ellen Johnson Sirleaf has filled in as president since 2006, and in the Central African Republic, Catherine Samba-Panza was chosen the Acting President driving into the 2015 decisions. Past female heads of state incorporate, Joyce Banda (President, Malawi), Sylvie Kinigi (Acting President, Burundi), and Rose Francine Ragombã © (Acting President, Gabon).
Monday, June 1, 2020
Problem Solving, One Marshmallow at a Time
So you have a problem. And you need a solution. Where do you start? One approach involves 20 sticks of spaghetti, tape, string, and one (just one) marshmallow. Say what? Itââ¬â¢s known as the ââ¬Å"Marshmallow Challenge,â⬠and itââ¬â¢s part of a required course called ââ¬Å"Problem Finding, Problem Solving.â⬠The class is taught by Senior Lecturer Sara Beckman, and is described in a Poets Quants article by John Byrne. The course draws on research done in the areas of critical and systems thinking, and creative problem solving. The challenge requires students, in teams, to work with the few resources at their disposal to build the tallest ââ¬â letââ¬â¢s call it ââ¬â structure, with the lone marshmallow placed at the very top. The exercise calls for creativity, teamwork, and urgency. Did I mention teams only have 18 minutes to complete the challenge? Lest you think this exercise is pointless, consider this: business leaders have told us (repeatedly) that in todayââ¬â¢s rapidly changing business world (and thereââ¬â¢s no impending slowdown on the horizon) employees need to be able to work together to come up with creative solutions, sometimes with incomplete dataà ââ¬â all while urgent deadlines loom overhead. No pressure. The Marshmallow Challenge may present an exaggerated scenario, but all the hallmarks of real life problem solving are embedded in it. While the exercise offers students an opportunity to be innovative, the challenge itself isnââ¬â¢t. ââ¬Å"Weââ¬â¢re not claiming that there is anything new in what weââ¬â¢re doing, but our experience is that MBA students are not exposed to a formal representation of how to think about problems,â⬠said Beckman. And while itââ¬â¢s more than likely that students have had to problem-solve in real life situations prior to enrolling in their business program, Beckman says students are not necessarily taught how to frame a problem before considering potential solutions. ââ¬Å"Part of being an innovative leader is being able to frame a problem in interesting ways and to see what that problem really is before you jump into solving it.â⬠After the challenge is over, Beckman breaks it down for students. Teams learn that the key to forming a structure that wonââ¬â¢t fall over immediately ââ¬â and could potentially win ââ¬â is to test ââ¬Å"their assumptions continuouslyâ⬠until they hit on a sturdy version that wonââ¬â¢t be quick to topple over. Debating various building approaches doesnââ¬â¢t actually build anything, which is why less talking and more testing is critical. Beckman also reveals, after the fact, that kindergartners are much better at the challenge (by a lot) than MBA students. Hmm. In his TED Talk on the challenge, Autodesk Fellow Tom Wujec also confirms that MBA graduates are not so awesome at the challenge: They lie, they cheat, they get distracted, and then they produce really lame structures. Yikes. None of the [kindergartner] kids spend any time trying to be CEO of Spaghetti, Inc. They dont spend time jockeying for power. But theres one more cogent reason for why five-year-olds best MBAs at the challenge: ââ¬Å"business school students are trained to do the single best thing ââ¬â rather than try many things and iterate along the way,â⬠according to Beckman. Wujec takes this further in his Ted Talk. He explains that business graduates commonly leave the marshmallow for last in their construction approach. When they put the marshmallow on the top they run out of time, and what happens? Its a crisis. Wujec contrasts this to the kindergartners, who start their construction process with the marshmallow first, and then proceed with creating several pro totypes during their allotted timeà ââ¬â always with the marshmallow still perched at the top ââ¬â until they settle on a final version. Most of us are used to barreling into problem solving mode at the onset of a thorny issue, especially with urgent deadlines prompting us into arriving at a solution as quickly as possible. But inserting a step in the process to frame the issue first (and leverage the diverse perspectives of team members), ensures that everyone has a good grasp of the crux of the problem. More importantly, it speeds up the rate at which teams form potential solutions (not just one) until they arrive at the one they are most confident about ââ¬â with or without a marshmallow on top. Photo courtesy of IDEO Postcards. Grow your leadership capabilities with an MBA in international business at Hult. To learn more, take a look at our blog Why every leader needs a growth mindset, or give your career a boost with our Masters in International Business. Download a brochure or get in touch today to find out how Hult can help you to learn about the business world, the future, and yourself. Related posts Academics Beyond (narrow) business concepts: ââ¬Å"Softâ⬠skills turn out to be critical skills News Building success: Dual Degree students win at USASBE Community How going beyond business at Hult helped me launch my company Admissions Accepted Students Weekend: A weekend to remember Careers Career mapping: How to become an executive in the next 5 years 0 Thought leadership How to prepare for an uncertain future in a world of AI Instagram Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. ðŸ⠸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. ðŸ⠸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interestsââ¬âstudents who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? ðŸ⠸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interestsââ¬âstudents who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? ðŸ⠸: @iambrunadiniz . Weââ¬â¢re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, weââ¬â¢re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approachââ¬âHult offers a student experience like no other. . Weââ¬â¢re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, weââ¬â¢re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approachââ¬âHult offers a student experience like no other. . ââ¬Å"Iââ¬â¢m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . ââ¬Å"Iââ¬â¢m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . ââ¬Å"Iââ¬â¢m excited for the futureââ¬âespecially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. Weââ¬â¢re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.ââ¬Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . ââ¬Å"Iââ¬â¢m excited for the futureââ¬âespecially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. Weââ¬â¢re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.ââ¬Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what youââ¬â¢ve accomplished this yearââ¬âand even this decadeââ¬âand what youââ¬â¢d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what youââ¬â¢ve accomplished this yearââ¬âand even this decadeââ¬âand what youââ¬â¢d like to achieve in 2020. Let us know in the comments below. ââ¬Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. Iââ¬â¢ve completely reversed my leadership styleââ¬âthe result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and Iââ¬â¢ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources Iââ¬â¢ll get there.â⬠. Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . ââ¬Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. Iââ¬â¢ve completely reversed my leadership styleââ¬âthe result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and Iââ¬â¢ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources Iââ¬â¢ll get there.â⬠. Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . ââ¬Å"It was now or never. I knew that Iââ¬â¢d have likely stayed in my neighborhood for years to come if I didnââ¬â¢t take this opportunity. Iââ¬â¢d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. Iââ¬â¢ve come back a more culturally aware, well-versed person. Iââ¬â¢ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. Iââ¬â¢m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ââ¬Ërightââ¬â¢ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.â⬠. Dwayne Logan, Jnr. American MBA Class of 2019 . ââ¬Å"It was now or never. I knew that Iââ¬â¢d have likely stayed in my neighborhood for years to come if I didnââ¬â¢t take this opportunity. Iââ¬â¢d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. Iââ¬â¢ve come back a more culturally aware, well-versed person. Iââ¬â¢ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. Iââ¬â¢m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ââ¬Ërightââ¬â¢ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.â⬠. Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .
Saturday, May 16, 2020
Gender Roles The Yellow Wallpaper - 983 Words
When ââ¬Å"The Yellow Wallpaperâ⬠was written women and men were not viewed as equals in society. The historical context of ââ¬Å"The Yellow Wallpaperâ⬠is revealed through minor characters in the short story and what they do. John, the narratorââ¬â¢s husband is a physician; in addition, the narratorââ¬â¢s unnamed brother is also a physician. In contrast Jennie, the narratorââ¬â¢s sister-in-law is a housekeeper and takes care of the narrator, during her stay at the house. In ââ¬Å"The Yellow Wallpaperâ⬠it is revealed that gender roles played a major role in society; gender roles were an actual issue before the 1800ââ¬â¢s; and there are also critical essays to support that gender roles do play a part in ââ¬Å"The Yellow Wallpaperâ⬠. To understand gender roles, one must study what it is and how it affected society. Before the 1900ââ¬â¢s gender roles affected education for women, ââ¬Å"Higher education for women was virtually non-existent in 1820s Americaâ⬠(Beecher). In the 1800ââ¬â¢s it was unlikely for women to continue their education at a university since it was ideal for women to stay at home. In contrast to women, men were expected to continue their educations and start a career to support their families. Once women were allowed to attend university they were still limited in their professions. Gender roles made it difficult for women to be in a certain career, ââ¬Å"â⬠¦they restrict the choices of women and men both by prescribing attitudes regarding social relations toward being a parent and choices in one s professionalShow MoreRelated Gender Roles in The Yellow Wallpaper1447 Words à |à 6 PagesGender Roles in The Yellow Wallpaperà à à à à à In Charlotte Perkins Gilmans short story The Yellow Wallpaper, the reader is treated to an intimate portrait of developing insanity. At the same time, the storys first person narrator provides insight into the social attitudes of the storys late Victorian time period. The story sets up a sense of gradually increasing distrust between the narrator and her husband, John, a doctor, which suggests that gender roles were strictly defined; howeverRead MoreGender Roles In The Yellow Wallpaper1733 Words à |à 7 PagesIn ââ¬Å"The Yellow Wallpaperâ⬠, Charlotte Gilman writes about a woman who suffers from temporary nervous depression as diagnosed by her overbearing husband who becomes her doctor. The husband, John, is condescending towards his wife when she questions his diagnosis. Therefore, to get away from the confinement of not being able to speak for herself, the woman secretly writes in her journal as a sense of relief. The woman then becomes fascinated and engrossed with the yellow wallpaper that hangs in herRead MoreGender Role Effects in The Yellow Wallpaper1564 Words à |à 7 PagesEnglish 1102 24 April 2012 Gender Role Effects in ââ¬Å"The Yellow Wallpaperâ⬠Charlotte Perkins Gilman was a feminist writer who wrote ââ¬Å"The Yellow Wallpaperâ⬠in the 1890ââ¬â¢s. During this time period the woman were expected to keep the house clean, care for their children, and listen to their husbands. The men were expected to work a job and be the head of a household. The story narrates a womanââ¬â¢s severe depression which she thinks is linked to the yellow wallpaper. Charlotte Gilman experienced depressionRead MoreThe Influence of Masculine Gender Roles in The Yellow Wallpaper1697 Words à |à 7 PagesInterpretive Essay on The Yellow Wallpaper The Yellow Wallpaper tells the story of a woman living in the nineteenth century who suffers from postpartum depression. The true meaning implicit in Charlottes story goes beyond a simple psychological speculation. The story consists of a series of cleverly constructed short paragraphs, in which the author illustrates, through the unnamed protagonists experiences, the possible outcome of womens acceptance of mens supposed intellectual superiorityRead More Gender Roles in The Yellow Wallpaper and A Streetcar Named Desire1539 Words à |à 7 Pages Many different depictions of gender roles exist in all times throughout the history of American culture and society. Some are well received and some are not. When pitted against each other for all intents and purposes of opposition, the portrayal of the aspects and common traits of masculinity and femininity are separated in a normal manner. However, when one gender expects the other to do its part and they are not satisfied with the result s and demand more, things can shift from normal to extremeRead More`` The Yellow Wallpaper `` By Charlotte Perkins Gilm Deconstruction Of Gender Roles1200 Words à |à 5 PagesCharlotte Perkins Gilmanââ¬â¢s deconstruction of gender roles in The Yellow Wallpaper. AP English 12 Mr. AuCoin Shane Caswell October 1, 2015 Shane Caswell 1 Charlotte Perkins Gilmanââ¬â¢s The Yellow Wallpaper is an interesting story told from the journals of a woman who progressively loses her mind being locked in her bedroom, but underneath the surface this short story shows us a woman who is at first confined by, but progressively freed from the gender roles and expectations put upon her by societyRead MoreThe Yellow Wallpaper913 Words à |à 4 Pagesââ¬Å"The Yellow Wallpaperâ⬠For quite a long time before the past century, the female gender had been a race characterized by limited opportunity and the widespread belief of inferiority to the male gender. It was not until the womenââ¬â¢s rights movement took off in the 1920ââ¬â¢s that women began to enjoy having the same opportunities as men and playing an active role in society. Before that time, women were perceived as being inferior to their male counterparts and received less respect than men. This resultedRead MoreThe Cult Of The Yellow Wallpaper By Charlotte Perkins Gilman1371 Words à |à 6 PagesMichael Zhao K. Keogh AP Lit. Period 3 22 January 2015 The Cult of Domesticity ââ¬Å"The Yellow Wallpaper,â⬠by Charlotte Perkins Gilman, depicts a young womanââ¬â¢s gradual descent into insanity due to her entrapment, both mentally and physically, in the restrictive cult of domesticity. Through the narratorââ¬â¢s creeping spiral into madness, Gilman seeks to shed light upon the torturous and constraining societal conditions in which women are expected to live, that permeates throughout all aspects of their livesRead MoreThe Women Behind The Yellow Wallpaper1675 Words à |à 7 PagesBehind the Yellow Wallpaper ââ¬Å" Be plain in dress, and sober in diet; In short, my deary, kiss me, and be quiet.â⬠-Mary Wortley Montagu In a male dominated society, women had little choice when it came to the path of life they would trek upon until death. From the first words of the doctor when they announce, ââ¬Å"itââ¬â¢s a girlâ⬠, amidst cries of the baby and the relief of the mother, the path a woman shall take has already been predetermined. Chalotte Perkins Gilmanââ¬â¢s ââ¬Å"The Yellow Wallpaperâ⬠is a harrowingRead MoreTheme Of Gender Equality In The Yellow Wallpaper1042 Words à |à 5 Pagesââ¬Å"The Yellow Wallpaperâ⬠by Charlotte Gilman involves an unidentified woman who suffers from societyââ¬â¢s way of curing her, as she gets trapped in a nursery due to the ââ¬Å"inappropriateâ⬠ways she does not fulfill her duties as a women, demonstrating the lack of gender rights and equality present back in the days. This short story aided significantly in helping achieve gender equality rights and finally allowing people to understand that everyone is equal. The way the story por trays the way of curing someone
Wednesday, May 6, 2020
Movie Analysis Dance Moms - 951 Words
Slide 1: Personality Personality is made up of the characteristic patterns of thoughts, feeling and behaviours that make a person unique (Cherry, 2015). Although no single definition is acceptable to all personality theorists, it is agreed that personality is a pattern of relative permanent traits and unique characteristics that give both consistency and individuality to a personââ¬â¢s behaviour (Feist and Feist, 2009). Slide 2: Abby Lee Miller The hit reality television show, ââ¬ËDance Momsââ¬â¢ shows the life of a junior elite dance team taught by Abby Lee Miller. Throughout the show, Abby is portrayed as a loud and aggressive dance teacher obsessed with her team winning. Abby is most notably known for her aggressive and non-empathetic approach to creating amazing dancers, but is constantly questioned id this is the best teaching approach for 6-14 year olds. Slide 3: Trait theory Trait theory is one of the most critically debated fields of personality studies. Many psychologists have theorised using the trait theory approach to personality, which promotes the difference between individuals. Hans Eysenck developed a model of personality based on 3 set traits. Unlike other theories, Eysenck only used 3 universal traits to describe an individualââ¬â¢s personality, they are: Introversion- Extraversion, which focus on whether an individual focuses on their inner or outer world. Neuroticism-Emotional Stability focuses on a personââ¬â¢s moodiness versus even-temperedness. Psychoticism refers to anShow MoreRelatedFilm Analysis Of Sixteen Candles1616 Words à |à 7 PagesSixteen candles was written by John Hughes, this movie was his first 1980s teen movies. Hughes was inspired by Molly Ringwald, to write the screenplay. As, he was finishing up writing the screenplay for Mr. Mom and National Lampoonââ¬â¢s Vacation, Hughes agents at ICM gave him a stack of photos of young actors. When he was going through the stack he noticed Molly Ringwald, then began write the screenplay for the Sixteen Candles. John Hughes finished the script over a single Fourth of July weekend.Read MoreLittle Miss Sunshine Essay957 Words à |à 4 PagesFilm Analysis Paper A system is a set of interrelated parts. Systems theory assumes that a system must be understood as a whole, rather than in component parts. It is a way of looking at the world where all the objects are interrelated with one another. Many family systems are addressed in the movie Little Miss Sunshine. Wholeness is a system in which the individual parts of the system can not be isolated from one another in order to comprehend the system as a whole. An example would be if aRead MoreAnalysis Of The Black Swan Essay1469 Words à |à 6 Pagesistian Marku Black Swan Dr. Kemler The Black Swan The black swan is a movie about an aspiring ballerina, Nina Sayers. 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The story is a depiction of a professional and perfectionist New York ballet dancer Nina going astray and ultimately her madness leads her to self destruction. Her pursuit of the leading role in a classic theatre production ââ¬Å"Swan Lakeâ⬠paves her way to the later breakdown.Read More Hamlet - Shakespeares Ophelia as Modern Icon Essay3388 Words à |à 14 Pagesobject Ophelia and O-phallus. (Parker 77) Lacan insisted on only recognizing Ophelia as an object of Hamlets male desire. Showalter is understandably upset by Lacans assertions. Feminists have long protested the analysis that Ophelia has been subjected to. That is, the analysis of woman in relation to man or as woman as the binary classification of a man without a penis. Ophelia can also be viewed as a testament to the lack of a believable, strong female character in a patriarchal work suchRead MoreGood Time By Adam Young Ft. Carly Rae Jepsen1534 Words à |à 7 Pagesââ¬Å"Good timeâ⬠by Adam Young ft. Carly Rae Jepsen. This group values quality time more than anything whether it be going to a park and making a life size version of monopoly or simply watching a movie at home we are happiest when we are together. Keywords: family, group, concept, observed Social Group Analysis: A Large Family Below are some of the concepts from the text that I observed within the group. The concepts include classical conditioning, extrinsic and intrinsic motivation, episodic memoryRead More Analysis of Pink Floyds Song, Mother Essay5281 Words à |à 22 PagesAnalysis of Pink Floyds Song, Mother Had Sigmund Freud lived 40 more years (to the overripe old age of 123), he would have been delighted to hear such a wonderful example of his lifes psychoanlytic work embodied in the haunting lyrics of Mother. Or had Oedipus lived a few millennium longer than his fictional death he would have found an adversary in the youthful Pink, a young boy whose desire for maternal acceptance and love is arguably equal to the greatest mother-centered protagonists inRead MoreOrganizational Behavior As A Multidisciplinary Field3764 Words à |à 16 Pagesneighborhood loan shark for $20,000. The film eventually comes to a happy ending with a lot of laughs thrown in, but inside of this small barbershop, the storyline provides a wealth of OB concepts at all three levels of analysis - individual, team and organization. An analysis at the organizational level presents the barbershop as having a rich, unique organizational culture that binds the employees together and provides a work life where the employees seem to care about one another like family
Tuesday, May 5, 2020
Acute Care Case Study
Questions: 1.What is rhabdomyolosis? 2.How is Rhabdomyolosis treated?3.What are the complications associated with the condition?4.Why did they do an ECG in the emergency department? What was the rhythm?5.Explain the reason for Tims Pyrexia?6.Explain the results of urinalysis.7.Explain the reason of the pathology tests provided. Answers: 1. Any muscle injury that may be both direct and indirect may often lead to a serious condition where death of muscle fibres takes place. The contents are released into the bloodstream and often might result on kidney dysfunction and failure (Ruiz et al. 2013). This is mainly because the kidney fails to remove any sort of waste as well as concentrated urine and therefore may present concentrated brown coloured urine. In Tims case one can say that out of the several diseases that cause this syndrome, excessive rise of body temperature resulted in a heat stroke that have resulted in muscle injury during the trialothon that was the cause of the disease. Moreover, very less sleep in the previous night was an additional reason for it. 2. A patient suffering from rhabdomyolosis should be monitored with adequate hydration and his urine output should be recorded. Fluid should be resuscitated so that the body fluid remains optimum (Mausavi et al.2015). Organ which gets affected should be immediately treated. Electrolyte balance should be maintained and ECG should be done to monitor the level of potassium and other electrolyte balances. Once the fluid content, electrolyte balances and failed organs becomes stabilised and the person feels well, he can be discharged from the hospital. In case of Tim ECG reported showed imbalances in the various salts present in his body that confirmed that he was suffering from rhabdomyolosis. 3. Rhabdomyolosis which is defined as skeletal muscle injury. Myocyte calcium homeostasis is mainly affected by the excessive release of the myoglobin (A Myocyte compound) can precipitate in the glomerular filtrate because the level exceeds the level of protein binding (Chen, Bai and Chang 2014). Renal obstruction thereby causes kidney failure. Apart from this it also results in hyperuricemia, hypoalbuminemia, electrolyte imbalances and disseminated intravascular coagulation and also compartment syndrome. 4. Rhabdomyolosis mainly occurs due to the increased levels of potassium. ECG known as electrocardiogram is usually helpful in checking the elevated levels of potassium because it affects the conducting system of the heart (Tucker 2015). This can be understood by the images that can be produced by ECG showing the T WAVE or QRS complex broadening (Parekh et al. 2013). Increased extracellular potassium is expected to affect the myocardial excitability by affecting the pacemakers and the conducting tissue system (Na and Chunxia 2013). In serious cases of hyperkalemia, generation of impulse is suppressed and reduced conduction by the SA node and AV node respectively which leads to bradycardia and even to cardiac arrest in extreme cases. The images provided from Tims ECG shows elevated T waves that can determine his serum potassium that may represent a level of about K+ as 7.0. If this serum level reaches to K+ of about 9 it would lead to cardiac arrest. Tim was therefore administered into the hospital so that he was protected from cardiac arrest. 5. Pyrexia otherwise known as fever is a natural body mechanism that marks the presence of any injury or disease in the body. The hypothalamus consists of a particular gland that is responsible for the cooling or heating of the body. The biochemical molecules called pyrogens are released when any harmful microorganisms are present in the body or may be from injured body tissues directly into blood system (Yunhui and Jings 2013). This is the bodys way of response to create an environment to clear the microorganisms by raising the temperatures. In case of Tim one can see how his skeletal muscles got injured leading to rhabdomyolosis which was the main reason for Tims pyrexia. 6.Urinalysis is a very simple way of confirming the occurrence of rhabdomyolosis (Desjardins and Strange 2013). In case of Tims urine , presence of the brown sediment giving a dark cola like colour signifies the presence of heme content because it makes the urine dark brown in colour when present. Presence of pH less than 5.5 usually demarcates the chance of this syndrome; Tims urine has a ph of 4 which signifies that immediate fluid resuscitation is important. It is already known that urine should be analysed as positive for the presence of blood but negative for RED blood corpuscles. During this syndrome, myoglobin protein breaks down into heme which can be identified by using a dipstix that is sensitive for heme. As a result presence of blood may confirm the disease which is mainly due to myoglobin as well. A value of SG 1025 may indicate dehydration problems that require immediate rehydration procedures. 7. Increased level of potassium is a marker for the presence of rhabdomyolosis. This increased level is harmful for the cardiac system as it harms the action potential generation and leads to cardiac arrhythmias (Manspeaker, Henderson and Riddle 2014). Low level of calcium as seen in Tims blood also suggests that calcium influx has taken place in the muscle cells mainly due to ATP depletion. Uncontrolled entry of calcium takes place which causes continuous and persistent contraction for which the muscle cells get injured thereby damaging and breaking down the intracellular proteins (Packard, Price and Hanson 2014). So this also says the reason why Tims blood has excessive protein than normal. Moreover much creatinine level and urea demarcates the failure of the kidney which thereby give a sign of the kidney malfunctioning. CreatininKinase MB Isoenzyme tests usually become very high than the normal level during skeletal muscle injury which is another proof of the occurrence of Rhabdom yolosis (Biswas et al 2013). intake time amount oral tube nature 1500 30 mls oral water 1515 1000mls Hartmans Salt balance 1515 1000 mls Hartmans Salt balance 1515 1000 mls 4% Dextrose 1/5 N/Saline Salt balance 1515 1000 mls N/Sline with 1000 mmol NaHCo3 Salt balance 1600 30 mls oral water 1700 30 mls oral water Output time Urine faeces vomit comment 1530 320 mls Dark cola colour 1630 200 mls Dark cola colour 1730 145 mls Dark cola colour Potential problem problem intervention Urine quality and quantity have to be checked at regular hours. Continuous urinalysis to be donr for Tim Vital signs have to be continuously recorded Regular monitoring of vital signs in every hours to check BP, HR, BT and RR which was more or less fine for TIM Fluid balance have to be continuously monitored This is to be done because salt imbalances may become lethal because Tim had weak salt balance known from pathology tests. Acute problems: problem Intervention: Kidney failure for Tim could not produce normal urine Dialysis ECG showed tendency of bradycardia and cardiac arrest. Potassium levels to be kept in check Muscle injury in Tims limbs Gradual level in rise of blood Calcium and decreased level of intracellular Ca has to be maintained. Progress notes:- The vital signs that has been observed in the period from 1500 to 1700 showed irregular heart rate but was within the nondanger zone. Similarly the Body temperature was slightly above the normal body temperature of 38.5? C that resulted in a slightly feverish feeling. However the blood pressure was far below the normal level and it can be said that Tim suffered from hypotension. The respiratory rate was also found to be normal. The skin gradually became warm from cold and dry feeling which was appositive side of his revival. The urine output also reduced in course of time which was also a positive sign. So the monitoring of the vital signs helped us to understand the response of patient Tim. Blood pressure and body temperature of the patient was found to be gradually becoming normal but the heart rate and the respiratory rate was found to show abnormality. The heart rate was found to go above the normal value of 80 thereby proving that he has cardiac anomalies and the condition was worsening. The respiratory rate was found to be going above the normal value of 20 to 24 showing problems in respiratory passage. Gradual development of pain showed that further degeneration of the muscles were taking place leading to increased generation of potassium that if not controlled might lead to cardiac arrest. During following the ABC intervention in the treatment of rhabdyolosis, first the nurse has to keep the patient conscious and monitor whether he can recognise surrounding (Haiyan et al. 2014). Their alertness is to be examined. Patients AIRWAYS have to be kept cleared by nasal canaliculi. Airway manoeuvres, bag and valve mask and other processes. Then one has to check the breathing of the patient in order to see whether he is using accessory muscles or breathing normally. As Tim had abnormal RR, then the intervention one can provide may be using bag valve mask so that he can maintain optimum tidal volume. Oxygen may be provided if necessary. Intubation and ventilation can be used depending upon the further deterioration of the patient. Circulatory system analysis has to be done in order to understand the rise of heart rate and take interventions accordingly to make their heart rate stable. References: Biswas, S., Rao, R.S., Duckworth, A., Kothuru, R., Flores, L. and Abrol, S., 2013. Bilateral Atraumatic Compartment Syndrome of the Legs Leading to Rhabdomyolysis and Acute Renal Failure Following Prolonged Kneeling in a Heroin Addict. A Case Report and Review of Relevant Literature.Panamerican Journal of Trauma, Critical Care and Emergency Surgery,2(3), p.139. Chen, L.C., Bai, Y.M. and Chang, M.H., 2014. Polydipsia, hyponatremia and rhabdomyolysis in schizophrenia: A case report.World journal of psychiatry,4(4), p.150. Desjardins, M. and Strange, B., 2013. Pre-hospital treatment of traumatic rhabdomyolysis: Mathew Desjardins and Barnaby Strange discuss the aetiology and management of traumatic pathological breakdown of skeletal muscle tissue.Emergency Nurse,21(8), pp.28-33. Haiyan, S., Shiyang, Z., Yang, L. and Shaojuan, C., 2014. Effect of continuous hemofiltration on acute renal injury induced by rhabdomyolysis and relevant nursing strategies.Modern Clinical Nursing,1, p.011. Manspeaker, S., Henderson, K. and Riddle, D., 2014. Treatment of exertional rhabdomyolysis among athletes: a systematic review protocol.JBI Database of Systematic Reviews and Implementation Reports,12(3), pp.112-120. Mousavi, S.R., Vahabzadeh, M., Mahdizadeh, A., Vafaee, M., Sadeghi, M., Afshari, R. and Balali-Mood, M., 2015. Rhabdomyolysis in 114 patients with acute poisonings.Journal of research in medical sciences: the official journal of Isfahan University of Medical Sciences,20(3), p.239. Na, L. and Chun-xia, O., 2013. Nursing care of 1 case of rhabdomyolysis caused multiple organ failure. Packard, K., Price, P. and Hanson, A., 2014. Antipsychotic use and risk of rhabdomyolysis.Journal of pharmacy practice, p.0897190013516509. Parekh, R., Care, D.A. and Tainter, C.R., 2012. Rhabdomyolysis: advances in diagnosis and treatment.Emerg Med Pract,14(3), pp.1-15. Ruiz, D.J., Mitchell, I.D., Eberman, L.E. and Cleary, M.A., 2013. Severe dehydration with cramping resulting in exertional rhabdomyolysis in a high school quarterback. Tucker, T., 2015. RhabdomyolysisUnderstanding the Mechanics. Yunhui, L. and Jing, C., 2013. Nursing of Patients with Rhabdomyolosis Complicated with Acute Renal Failure.
Saturday, April 18, 2020
Returning TARDIS to Profitability
HoKTok, through TARDIS currently operates five thousand call boxes around Australia, which has a ââ¬Å"small population spread across vast areasâ⬠(The Communication Law Centre, p. 2). It offers untimed calls at a fixed rate of $0.40c. This popular service, unfortunately, is no longer profitable. The key to TARDISââ¬â¢s popularity is its fixed charge on untimed calls.Advertising We will write a custom report sample on Returning TARDIS to Profitability specifically for you for only $16.05 $11/page Learn More Changing this fixed price could negatively affect consumer choice. As part of the Australian telecoms industry, TARDIS must endeavor to provide services that, ââ¬Å"best meet the social, industrial, and commercial needs of the people of Australiaâ⬠(Bolton et al, 1993, p. 32). It is recognized that telecommunication technology ââ¬Å"continually shapes the very fabric of our global societyâ⬠(Hill Associates, 2002, p. xvii). The ba sic strategy for returning TARDIS to profitability requires either, a reduction in overheads while maintaining current revenues or increase in revenues while maintaining overheads at the current levels. To attain profitability, Howard advices that, ââ¬Å"you must first wake up to the internal rules you are currently playing by and expand you field of possibilitiesâ⬠(2004, p. xvii) Increasing revenues is a better way of assuring profitability compared to reducing overheads. This is because other parties set the cost of most overheads and these costs will continue to rise, eating into HoKTokââ¬â¢s margin. HoKTok cannot pay less for the services it consumes to run TARDIS, but will actually pay more in the future. Similarly, it cannot reduce its workforce in order to spend less on the wage bill because this may compromise service delivery and may actually end up risking the current revenues. In addition, it cannot reduce the workersââ¬â¢ wages without precipitating labor un rest. Baker warns that. ââ¬Å"Labor will not permit a reduction in the standard of livingâ⬠(2009, p. 5). Katz adds that many companies struggle with ââ¬Å"how to reduce labor costs while retaining employee commitment and an appropriate skill baseâ⬠(1997, p.3). While HokTok must continue to ââ¬Å"implement various measures to lower costâ⬠(Suzue, 2002, p. 1), it cannot rely on them to regain profitability. This should not encourage HoKTok to make cost discipline, ââ¬Å"an incidental reaction to eventsâ⬠(Institute of Management and Administration, 2006, p. 3) TARDIS can return to profitability by introduction of prepaid cards, optimization of profitable segments of the market and introducing a service for call centers and telemarketing companies. Introduction of prepaid cards will secure revenue. It will lock our clients in the network and it will mean they will always have to find a TARDIS call box from which they can make their calls. The idea of being loc ked-in may not be very attractive to clients, and will require a careful marketing campaign to ensure acceptance of the cards.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Optimization of the profitable market segments means that HokTok increases the number of call boxes located in areas where clients naturally call for shorter periods such as airports, train stations, and bus stops and reduces the call boxes near schools, restaurants, and residential areas where callers talk for longer. The third option is introducing TARDIS to new clientele such as call centers and telemarketing firms whose business depend on volume of calls. Since they aim at making the most number of calls per unit time, they will provide a larger revenue base for TARDIS. In fact, it is possible to offer them lower call rates per call and break even on the assured call volumes. However, we must take into account Ret skeââ¬â¢s insight that, if prices are ââ¬Å"set too low, profit opportunities will be missedâ⬠(2002, p. 172). On a priority basis, I recommend that we pursue optimization of profitable market segments. This will see TARDIS increasing the number of call boxes in areas where callers take a shorter time per call, while reducing the number of call boxes where callers take longer. No substantial investment is required to move some of the call boxes from high cost market segments to low cost market segments. We must act quickly ahead of our competitors because in the telecommunication industry, services ââ¬Å"spring up and quicklyâ⬠(Peterson, 2000, p.9). References Baker, RS 2009, The new industrial unrest: reasons and remedies. Cornell University Press, New York. Bolton et al 1993, The communication service: Negotiating structural and technological change. International Labor Organization, Geneva. Hill Associates 2002, Telecommunications: A beginnerââ¬â¢s guide. McGra w-Hill/Osborne, California. Howard, C 2004, Turning passions into profits: Three steps to wealth and power. John Wiley and Sons, New Jersey.Advertising We will write a custom report sample on Returning TARDIS to Profitability specifically for you for only $16.05 $11/page Learn More Institute of Management and Administration 2006, Cost reduction and control best practices: The best ways for a financial manager to save money. John Wiley and Sons, New Jersey. Katz, HC 1997, Telecommunications: Restructuring work and employment relations worldwide. Cornell University Press, New York. Peterson, KD 2000, Business telecoms systems: A guide to choosing the best technologies and services. CMP Books, New York Retske, G 2002, A guide to competitive international telecommunications. CMP Books, New York. Suzue, T 2002, Cost half: The method for radical cost reduction. Productivity Press, New York. The Communication Law Centre 2004, Australian telecommunications regu lation. University of South Wales press Ltd, Sydney. This report on Returning TARDIS to Profitability was written and submitted by user Madelyn Carver to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Saturday, March 14, 2020
The Interpretation of Indirect Utterances
The Interpretation of Indirect Utterances The Interpretation of Indirect Utterances* Types of Indirectness- This study asserts the importance of communicative competence in learning. It discusses one aspect of communicative competence : the interpretation of indirect utterances .- Two types of indirectness are addressed here in this study :1- Pragmatic Ambivalence .2- Implicature .1- Pragmatic Ambivalence- Pragmatic Ambivalence, as Thomas ( 1995 ) argues, occurs when the intended force of an utterance, such as " Is that the phone ? ", is quite indeterminate. This is by virtue of the fact that it can be either a straightforward question or a request to the hearer to answer the phone. Thus, Pragmatic Ambivalence is used when the speaker does not " make clear precisely which range of related illocutionary values is intended. " For example an utterance like " It is cold in here ", can be used as a constative ( report about the temperature in the room ), a request to turn on the heating system, or an excuse to leave the room .Jes se Grice- Thomas ( 1988 ) distinguishes between ambiguity and ambivalence. Ambiguity is a semantic grammatical term. It is the case that one meaning is intended by the speaker. With Ambivalence, which operates at a pragmatic level, both speaker and addresser understand that more than one interpretation is possible. Coates' notion of Indetermincy refers to the same phenomenon .2- Implicature- Yule ( 1996 ) defines Implicature as an " additional conveyed meaning ". Implicatures are thus " examples of more being communicated than is said ". Green ( 1989 ) argues that " much of the value of implicature in conversation lies in its indirectness, in the fact that it allows the speaker to avoid saying exactly what she means to convey ".
Wednesday, February 26, 2020
Argumentativ essey on machiavelly Essay Example | Topics and Well Written Essays - 500 words
Argumentativ essey on machiavelly - Essay Example Despite occasions of psychological imbalance, Hitler may be noted for his remarkable military exploits and knowledge of relevant martial tactics. As such, he received decoration with Iron Cross and promotion to a corporal rank after demonstrating bravery for the regiment or German army as a whole (Stokes). Machiavelli likewise proposed for the prince to acquire fighting skills since subsequent triumphs through militaristic pursuit enhance courage which is also a very essential characteristic of a prince. A Machiavellian prince lives by the image and behaves cautiously in order to remain in power and this combined nature of lion and fox is also symbolic of the approach used by Hitler in forming and securing control of the Nazi party (Stokes). By initially winning the favor of a large crowd who were drawn to his admirable manner of oration which sought pretentious publicity and propaganda (Stokes) overall, he found his way to earn more followers and influence over political subjects.
Monday, February 10, 2020
Pros and Cons of Social Networking Term Paper Example | Topics and Well Written Essays - 1250 words
Pros and Cons of Social Networking - Term Paper Example They are many who declare them to be beneficial for the society, while there are almost as many others who condemn their use, stating that the risks clearly outweigh the advantages. Thus, it is better to hear both sides of the story before drawing up our own conclusions. Individuals in favor of social networking present an argument that to those with access to computers and the internet, social networking sites are of great advantage. Online interactions encourage both long and short distance communication with friends and family, help people in gaining important skills regarding use of computers, and provide a medium that promotes creativity and innovation through instant messaging, blogs, photo sharing, event and product advertising and numerous other different services among its users. Not only that but it brings together people with a common interest, profession or even with computer skills and help them overcome their social worries, by creating suitable opportunities and provid ing exposure to fresh ideas and thoughts. (Coyle and Vaughn, 2008) It is also a great stage of communication for those who are unable to express themselves in person. The development and expansion of social networking sites has brought about great benefits for the society. For students, it is a medium to discuss educational topics of all sorts such as career and educational planning and allows them to communicate with more experienced students around the globe. It has also brought about benefits in the field of health by dealing with life altering diseases, alcoholism, drug addiction, weight loss etc. by interacting people having similar issues and providing them guidance and... The development and expansion of social networking sites has brought about great benefits for the society. For students, it is a medium to discuss educational topics of all sorts such as career and educational planning and allows them to communicate with more experienced students around the globe. It has also brought about benefits in the field of health by dealing with life altering diseases, alcoholism, drug addiction, weight loss etc. by interacting people having similar issues and providing them guidance and encouragement. Election campaigns throughout the world have received an unprecedented edge when they took the help of social networking. Some might think of it as insignificant but these sites do bring a significantly positive effect on the person standing in the election. The best example that springs to our mind are the 2008 election of Barrack Obama as the 44th president of the United States, in which he depended heavily upon social sites such as Facebook to gain popularit y among the masses, especially the younger generation. Businesses and organizations have also realized that the use of social networking to promote their objectives can help them gain a competitive edge over their rivals in the market. (Ally, 2011) Moreover, there are some who say, and I myself have to agree with them, that the internet is making an impressive contribution in helping to bring about world peace. Well, if I had a dozen Facebook or Twitter friends living in a certain country, I would think twice about invading it?
Thursday, January 30, 2020
Ebay in China Essay Example for Free
Ebay in China Essay The joint venture with Tom Online will allow eBay to enter the Chinese rapidly growing market. In 2007, China experienced a technology boom in which more people were using the Internet than ever before. Besides the rocket increase of Internet usage in China, E-Commerce is growing as well. With the power and influence of Tom Online, eBay has a unique opportunity to grab the market share of a billion people in China. EBay can benefit a lot from the joint venture with Tom online. Tom Online will help eBay reach millions of people through Internet as well as the mobile Internet. Graph 1 shows that China experienced an exponentially growing in Internet usage. From 2005 to 2007, the Internet users in China doubled from 111million to 205 million. The big population of China almost guaranteed Internet usage growth. With the increase of Internet usage in China, the online shopping also grows rapidly. According to graph 2, online transaction value in China jumped from 3.9 billion RMB to 23.1 billon, representing an incredible growth rate of 253%. All the statistics above strongly prove that China is the perfect market for eBay to tap into. In addition to the great potentials of the market of China, the new marketplace will bring together the strengths of both companies. EBay EachNetââ¬â¢s global e-commerce knowledge and large and active trading community in China, and TOM Onlineââ¬â¢s local market knowledge and active wireless user base of more than 75 million. The new marketplace will bring enhanced online and mobile opportunities to buyers and sellers in China, evolving eBayââ¬â¢s participation in China and extending TOM Onlineââ¬â¢s wireless service portfolio into m-commerce. Upon the launch of the new marketplace, eBay EachNet users will be invited to transition to the new site, a nd TOM Online will work to deliver its user traffic to the site as well. Risks On the other hand, it is also risky for ebay to form the joint venture with Tom Online. EBay must pay close attention to Tom Online and their strategy in the market. Instead of eBay, it is Tom Online that has the majority share in Tom EachNet at 51%. EBay has injected over $40 million into Tom EachNet,à while Tom Online only contributed $20 million (along with knowledge, technology, and brand value). It is clear that eBay has more to lose in the deal, while Tom Online is simply negotiating their presence in China. EBay must work closely with Tom Online to ensure that their visions for Tom EachNet are similar, and a common strategy is taken to succeed. Chinaââ¬â¢s business culture is another obstacle that eBay must monitor closely. Tom Online does have extremely well connection with the Chinese government, and eBay must be sure to take advantage of the TOM Onlineââ¬â¢s political networks in China. .
Wednesday, January 22, 2020
Plea-Bargains: Currency of the Courts An Examination of the Effectivene
ââ¬Å"Rahim Jaffer case heads for plea-bargainâ⬠; former Alberta MP Rahim Jaffer was being charged on cocaine possession and drunk-driving charges; his case was likely to be resolved with a plea-bargain agreement (Makin, 2010). This is but one case of many that are settled though a plea-bargain agreement. Plea-bargaining can take the form of a sentence reduction, a withdrawal or stay of other charges, or, a promise not proceed on other charges, in exchange for a guilty plea by an accused. During discussion of a potential plea bargain agreement, the Crown Attorney and defence lawyer will look at 4 distinct sections of a plea negotiation: charge discussions, sentence discussions, procedural discussions, and agreements as to the facts of the offence and the narrowing of issues in order to expedite the trial ("Plea bargaining," 2011). According to the Department of Justice, approximately 90% of criminal cases are resolved each year by use of plea-bargaining (ââ¬Å"Findlaw,â⬠2012). Despite what appears on its face to be rampant use of the plea agreement, plea negotiations are incredibly helpful to our court system. First, plea agreements serve to diminish the overload of cases and avoid lengthy trials, thus avoiding appeals of trial decisions and allowing greater access to the justice system. In turn, a less burdened court system can focus its efforts on the most serious of criminal offences thereby ensuring that such cases are handled in the manner with the greatest likelihood of securing a conviction. Overall, this judicial efficiency results in a cost savings and better allocation of resources. This paper will explore these two main benefits and also discuss potential criticisms of the plea bargain system. Plea-Bargaining has become ... ..., 2012, from http://www.justice.gc.ca/eng/pi/icg-gci/pb4-rpc4.html Plea bargaining. (2011, February 28). Retrieved from http://www.victimsofviolence.on.ca/rev2/index.php?option=com_content&task=view&id=378&Itemid=197 Plea bargaining in canada. (2011). Retrieved from http://www.justice.gc.ca/eng/pi/rs/rep-rap/2002/rr02_5/p3.html Romaniuk, T. (n.d.). Centre for Constitutional Studies - R. v. Askov.Faculty of Law Home - University of Alberta. Retrieved April 19, 2012, from http://www.law.ualberta.ca/centres/ccs/rulings/Ask Tappscott. (2012). street directory. Retrieved from http://www.streetdirectory.com/travel_guide/14026/legal_matters/plea_bargaining_pros_and_cons.html Young, R. (2011, November 16). Cutbacks have some courts dismissing criminal cases. Here & Noe. Retrieved April 19, 2012, from http://www.hereandnow.wbur.org/2011/11/16/budget-cuts-court
Tuesday, January 14, 2020
Breakeven & Business
Certain elements of business show that to achieve high profitability a better and diverse product mix will result in more capacity utilization. Therefore capacity utilization has a direct relation to profitability and product mix. This is because if capacity is fully utilized will the profit be reaching to the maximum as fixed costs will remain the same.However if the profit is to be further increased it is necessary to enhance the capacity as a result more capacity would need to be used to first cover the fixed costs of the new capacity installed. Similarly in one machine, a number of products can be made; therefore not all products will be made to the fullest as one product or the other production will be scarified. What companies try to achieve is the right product mix so that optimal profitability is achieved and therefore make the business more versatile.Though it is the decision of the person in charge to decide either to fully utilize the capacity using the most profitable pro duct or make a number of products to focus on product diversity rather than on profitability. (Source: Reliance Industries Limited, High Density Polyethylene Pipes Beyond Water Supply)References 1. Ms Poorvi C. Desai ââ¬â Polymers, Reliance Industries Limited, High Density Polyethylene Pipes Beyond Water Supply. Retrieved on October 5, 2008, from http://www. polymerupdate. com/poorvidesai/pdf/HDPE_Pipes. pdf
Monday, January 6, 2020
International Investment And The Risks Example For Free - Free Essay Example
Sample details Pages: 11 Words: 3371 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Tags: Investment Essay Did you like this example? In its 2007, August 13 issue Business Week magazine called it the Bonfire of the Builders. Signalling what was already becoming the cause of a major financial crisis in the global markets. After the dot com bubble burst in the 2001 the U.S. Donââ¬â¢t waste time! Our writers will create an original "International Investment And The Risks Example For Free" essay for you Create order was seen by many analysts as going through one of its worst periods since the stock market crash in 1987. However the U.S housing market started a period of unprecedented growth, brought in part due to the lowering of interest rates by the Federal Reserve which brought the rates down 11 times i.e. from 6.5% to 1.75% (Open Market operations, 2010). However, the boom started showing signs of warning towards the end of the year 2005. Rates remained flat much of the next year and towards the beginning of the year 2007 a downturn in the housing started. What should have been only a downturn in the housing market turned into a major global credit crunch and resulted in a run on a British bank (Northern Rock).This is not to say that the American financial institutions were any better off. Citi Group reported a 57% fall in its third quarter earnings that year primarily because of the sub-prime mortgage losses (USA Today, 2007). So what was the reason that this housing slump transformed it self into a global credit crunch? The Financial Times (2007) in its special report on the global credit squeeze blames the poor quality of lending by financial institutions in the U.S. primarily banks and mortgage providers gave loans to people with dubious credit historys and sold these mortgages as bonds to Wall Street institutions which in turn bought these mortgage backed by securities. This encouraged pension funds, hedge funds and other institutional investors to buy them. Things looked good until some of the mortgage borrowers found it increasingly difficult to meet their obligations and rates of default increased. Many of those who defaulted on their loans were sub-prime borrowers, people who had shaky credit histories. As the value of these assets began to come down hedge funds began to sell assets of all types not only those linked with mortgages as they found it increasing difficult to get finance from Wall Street banks who were themselves caught in the mortgage mes s. Once banks stopped lending to other institutions a liquidity crisis occurred. This crisis was became known as the Global Credit Crunch, the heat of which was felt across the globe and markets across the world from Beijing to Bombay and Sao Paulo to Singapore. Causes for the crisis Housing bubble and subprime lending: Between 1997 and 2006 the real estate prices appreciated and coupled with low interest rates borrowers were able to obtain housing loans easily. Banks in the anticipation of prices to rise further began to give easy credit to borrowers not realising the positional debt accumulation. As the prices of properties began to decline in second half of 2008 the borrowers ability to repay reduced. The graph below shows the significant increase in foreclosure activity signifying the rising inability of borrowers to pay during the various period of the crisis. Financial Innovations: This refers to the development of financial products designed particularly to achieve the client objectives i.e. to obtain easy financial assistance. These include the Mortgage based securities (MBS) and a form of credit insurance called credit default swaps (CDS). The usage of such instruments was increasing drastically during the years leading towards the crisis. As Warren Buffet put it these weapons of mass destruction were an agreement between two parties and government did not have any control over them. As a result there was no mechanism of reporting. These CDS were the reason why one of the biggest insurance companies, AIG, required a bail out from US taxpayers after it defaulted on $14 billion of credit default swaps it had made to investment banks, insurance companies and many other entities (Financial instruments responsible for Global Financial Crisis, 2009). Ineffective risk measures: In a speech in June 2009, U.S. President Barrack Obama said that culture of irresponsibility was a major cause of the crisis. A key reason for the crisis was also the insufficient capacity of financial institutions to fulfil their commitments. It is important for the sellers of risk to have capital enough to meet their bets. This applied to both consumers and financial institutions, as consumers were unable to repay their loans while the institutions were i ncapable of feeding their credit needs. Incorrect assessment of risk cost dented the financial system. Shadow Banking System: These were non institutional banks which aided the institutional banks to invest their money into more profitable ventures .To name a few, Lehman and Bear Stearns were such institutions. Though this system was assumed to do a better job by reducing risk and spreading investments, the after math of the mortgage crisis didnt quite aid the objective (Krugman, 2009, p158). Panic and fear amongst the people resulted in refraining them to participate in the auctions and increased the default rate in mortgage loans which lead to the global financial crisis. These shadow bankers were not under the governmental control and traded short term funds for long term riskier funds. However during the crisis they had to let go of the long term assets as depressing rates due to their vulnerability. Paul Krugman, laureate of the Nobel Prize in Economics, described the run on the shadow banking system as the core of what happened to cause the crisis. He referred to this lack of controls as malign neglect and argued that regulation should have been imposed on all banking-like activity. Rise in prices: The increase in commodity prices also was one reason of the recession as it diverted the expenditure of consumers in an importing country. For instance if the prices of fuel went up in US, the economy of the fuel importing country, in this case US would decline which in turn would enhance the economy of the oil exporting country (Light Crude Oil, 2010). There was a significant increase in the prices of metals and minerals which also contributed to the credit crunch (Taylor, 2009). Poor Corporate Governance: The financial crisis can also be attributed to the poor corporate governance incompatible executive remuneration structures. The lack of transparency in procedures of trading, handling financial instruments, recording and presenting financial repor ts also caused the market failure. Lax in regulations and legislations for the product innovations also caused a detrimental effect on the economy (Zandi, 2009). Ineffective economic forecasting: Business weeks cover story on April 16, 2009 accused the economists of being incapable of predicting the crisis. This is another school of thought which seems to be quite applicable. With assets bubbles being created, prices rising, liquidity drying up the market, why were the mainstream economists and analysts unable to foresee the crisis. Warren Buffet also said that the expectation of real estate prices to decline was something no one was willing to predict or believe. Such ineffective forecasting also set the economy on a back foot when it came to meeting the demands of the crisis and be proactive in order to bring up measures to curtail it (Zandi, 2009). Financial ill-literacy: People were able to understand that they can buy expensive homes with a subprime adjustable rate mortga ge (ARM) loan, assuming that they could sell it off quickly to make profits, however barely did they know what could be the repercussions of entering into such trade. Most the borrowers did not understand completely the mortgage terms and relied on their brokers to fetch interest rates they could afford and be rest assured that the agents would take care of their financial assets. The general financial ill-literacy contributed to the credit crunch and the borrowers did not make wise decisions on borrowing, saving and investing (Zandi, 2009). This could not have been the case 20 -30 years old as there were not so many investing options which could confuse an investor. But the complex mortgage options that were available during the subprime loans were mind boggling for the borrowers to comprehend at times to make decisions which not result in such perils. Inadequate and untimely analysis: Lack of timely and accurate information also disturbed the policy makers ability to response t o the crisis. Most of the data on mortgage crimes and defaults come from private sources and data banks which makes it difficult for the regulators to monitor and foresee trends. The government does not track the number of foreclosures being made or umber of defaults in payments that are happening (Zandi, 2009). The Home Mortgage Disclosure Act (HMDA) provides for the reporting of some information pertaining to loan application and approvals. However they do not provide for reporting of foreclosures or delinquencies that happen in mortgage loan cases. This contributes to the inability of the regulators to understand the forthcoming perils which may lead to unexpected situations. Effects of the Crisis: U.S.-based credit watchdog SP said that total losses to be booked by the global financial sector from subprime asset-backed securities could reach $285 billion, but opined that the end of write downs was now in sight for large financial institutions (Edwards, 2008). However, the loan default activity of U.S. banks suggested that the floor in the real estate market is not yet in sight. Lets consider some of the macro effects of the subprime crisis: Impact on Financial Institutions and Banking Industry: Subprime crisis created a vacuum in the bank business model, eliminating volume and income while limiting resulting in net effect of large reduction in credit availability. In the long run, loan origination would now imply retention of the asset as default option. Banks had limited funding, revenue options. The entire sector was under pressure to reduce leverage. When the market is good the bankers try and increase their leverage by building up their assets of both loans and securities. However in bad conditions they take a back foot to try and reduce their debt burden. With the fall in property prices, the banks had to write down their book values of such mortgages and by spring of 2008, the globes biggest banks had collectively written down their assets by almost $275 billion (Zandi, 2009). These losses were a direct hit to their capital. What further aggravated their wound was the lack liquidity in the market at a time when they were in desperate need to reduce their leverage. The International Monetary Fund estimated that large U.S. and European banks lost more than $1 trillion on toxic assets and from bad loans from January 2007 to September 2009. One of the first victims was Northern Rock, a medium-sized British bank. The highly leveraged nature of its business led the bank to request security from the Bank of England. This in turn led to investor panic and a bank run in mid-September 2007. Reduced risk appetite: The subprime crisis has changed investor and lender preferences dramatically. Structured assets of all ratings grades were shunned in favour of simpler cash securities. Dealers are walking away from low-risk markets such due to concerns about capital availability and fair value risk (Whalen, 2008). As the Bear Stearns collapse illustrates, there had been a huge reduction in market liquidity overall, and a sharp decrease in leverage used by all market participants. Lack of credit in markets : Economist Paul Krugman and U.S. Treasury Secretary Timothy Geithner explain the credit crisis via the implosion of the shadow banking system, which had grown to nearly equal the importance of the traditional commercial banking sector as described above. Without the ability to obtain investor funds in exchange for most types of mortgage-backed securities or asset-backed commercial paper, investment banks and other entities in the shadow banking system could not provide funds to mortgage firms and other corporations. This meant that nearly one-third of the U.S. lending mechanism was frozen and continued to be frozen into June 2009. According to the Brookings Institution, the traditional banking system did not have the capital to close the gap as of June 2009. It would take a number of years of strong profits to generate sufficient capital to support that additional lending volume. While traditional banks have raised their lending standards, it was the collapse of the shadow banking system that is the primary cause of the reduction in funds available for borrowing. Insolvency causing retrenchments: The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world, stock markets had fallen, large financial institutions had collapsed or been bought out, and governments in even the wealthiest nations had to come up with rescue packages to bail out their financial systems. On one hand many peopl e were thinking that those responsible for the financial problems were the ones being bailed out, while on the other hand, a global financial meltdown was affecting the livelihoods of almost everyone in an increasingly inter-connected world. The downturn in economic activity took effect earlier in the United States, where the unemployment was 4.9% and reached 10.1% by October 2009 (Goodman, 2009). Effect on the global economy: Theres no doubt that conditions in the major economies took a sharp turn for the worse in the period following the Lehman collapse in September 2008. Business and consumer confidence deteriorated drastically, as did the financial sentiment. In the general climate of uncertainty, households around the world responded by cutting their discretionary spending. This seems to have had a particularly pronounced effect on demand for manufactured goods. The result was a sharp fall in global industrial production, and significant contractions in GDP in most of the major economies. The Chinese and Indian economies continued to expand, but at much reduced rates. Indications are that world economic conditions have remained very weak in the early part of 2009. Decline in exports for developing economies: Recession in the United States and other G7 countries will in general reduce the demand for their imports, as these markets are important destinations of developing-country exports. A sign ificant proportion of US imports are from developing countries. Many of these imports are also imports of services, not just goods. Thus, the Indias software sector, which exports IT services to the United State, for instance, and other advanced economies have registered slower growth. 1 1 1 1 1 1 1 2 2 2 2 2 2 3 3 4 4 4 Source: IMF (Between 2007 and 2008, as estimates of December 2008) Description: 1 Countries in official recession (two consecutive quarters) 2 Countries with economic slowdown of more than 1.0% 3 Countries with economic slowdown of more than 0.1% 4 Countries with economic acceleration The above chart displays the spread and impact of the global crisis across the globe, with clear indications that though the developed countries were facing severe downturn the developing economies were also being affected gradually. Impact on Balance of payments: For many countries, primarily commodity-importing countries, the reduction in export earnings will come at a time when their balance of payments is already under pressure due to rising food and fuel prices in 2007 and 2008. Such countries may be in particular need of balance-of-payments assistance from the IMF and other sources. Developing countries require financial inflows from the rest of the world to facilitate and a ccelerate economic growth, trade and development. These flows include official development assistance (ODA), investment flows (portfolio and foreign direct investment (FDI), trade credits and flows of remittances. All of these are set to be affected negatively during the current crisis which will have adverse impact on the current account of BOP. Portfolio risk management lessons learnt The financial crisis has forced investors to take a more nuanced approach to portfolio risk management. Dan Farley, global head of Multi-Asset Class Solutions at State Street Global Advisors, said the crisis exposed the need to understand the limitations of traditional practices, such as Modern Portfolio Theory, and heightened the need for new approaches to strategic and tactical asset allocation. Many investors have gained a more nuanced reminder of portfolio risks centring on market volatility, portfolio construction and trading liquidity. It has been observed that investors have moved increasingly away from risk models centred on average market behaviour and normal return distributions, instead adopting strategies that focus market turbulence, risk, liquidity and diversification. Based on the understanding of the crisis situation the following important portfolio risk management lessons have been identified. Intelligent Diversification Matters: Traditional approach of d iversification will always hold good. Owning certain asset classes like treasuries, certain commodities, and cash did help in 2008. Benefits of diversification provide beneficial shock absorbers for most investment portfolios. Economist Burton Gordon Malkiel sums it up succinctly, Diversity reduces adversity. While consumer financial services were down 54% in 2007, healthcare outperformed the SP 500 by 10% only a few years ago, the situation got reversed (Siegel, 2007). Lehman had placed too many of its financial eggs in one basket: mortgages. When the mortgage securities market went bad, it had nowhere to hide. When you concentrate your investments in any single company, industry, sector, or country, you run the risk of being hurt by a calamity like the collapse of the mortgage securities market (Young, 2009). Rather than investing in a single stock or single sector of the economy, one should invest in mutual funds that distribute the investment across many businesses. Anoth er option, index funds, which are less subject to seismic shifts in the market because they are based on a set of rules of ownership that remain constant, regardless of market conditions. Diversification does not mean in spreading investments over 10 stocks, overseas investments should also be considered. Diversification by itself cannot guarantee a profit or protect against loss, but it can give you more chances for success and reduce the effects of volatility on your portfolio. Managing Risk Appetite: People when they are over confident enough to believe that the investing laws dont apply to them tend to make decisions which dint work for them. One such law is that leverage, the act of borrowing other peoples money to invest, it can work both ways-for you and against you. Lehman had financed around $600 billion worth of assets at a time when it only had$30 billion of equity (Young, 2009). This is a clear example excessive risk. It is important that investor invests keeping in m ind his risk appetite is comfortable making adjustments over time. Any panic caused out of unexpected risk will result in decisions which will be extreme and eventually affect the portfolio adversely. Investor should create portfolios which are not excessively complex for them to understand. It is necessary to have full transparency of investment performance, attribution and investment strategy along with the premise behind the strategies. Investor should try to have as much information about all aspects of the investment process so that there is a lower likelihood of significant problems. Maintain Substantial Liquidity: As the crisis unfolded we realised that one of the major damages was caused by the lack of liquidity in the markets, which resulted in cases of default in payments. It is important for the investors to remember to maintain enough liquidity in order to protect themselves from the market volatilities. Not having liquidity forces the investors to sell off assets in case of highly illiquid markets. Northern Rock suffered from funding liquidity risk in September 2007 following the subprime crisis. The firm suffered from liquidity issues despite being solvent at the time, because maturing loans and deposits could not be renewed in the short-term money markets (Tobias Shin, 2007). For long term investors it can mean that they have to compromise on their long term objectives in order to meet their short term liquidity demands. Conclusion: Flawless execution of risk management does not guarantee that losses wont occur as losses depend on upon business decisions and luck. The risk models established during the crisis failed due to the unexpected fall in mortgage prices. Thus systematic risks are bound to exist and financial crisis happen as a result of cases which have not been experienced in the past. Significant monetary, political and risk management changes are underway in order to cope up with the crisis; however the formal risk management m odels cannot substitute for judgement and experience. By analyzing the root causes of the financial crisis, it is possible to estimate the costs of resolving the crisis utilizing current policies of bailing out investors who made poor investment decisions. In any event, it would seem imperative that the financial managers of the future be better educated in the art of credit analysis and investement management.
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