Thursday, August 27, 2020
Communication in the 21st Centaury
Question: Depict about the Impact of culture on correspondence at working environment? Answer: Effect of culture on correspondence at work environment Since the world has now gotten neighborhood, association has now become multicultural places as multi food cafés. Correspondence at work place has now has become increasingly extraordinary and two way process. Poor interchanges practice may lead the association misdirecting of data, ascent of contentions and makes tremendous worker excusal (Coombs Holladay, 2004). I was exceptionally delighted by the way that, social decent variety can be advanced through interchanges and language of the countries. The greater part of the Australian organizations like Woolworth and Common riches banks assemble the multicultural procedure of group building which has been one the amazing component for me. EED (European enrichment for majority rules system) conducts different types of class for significance and learning of different dialects of world (Democracyendowment.eu, 2015). By means of EED destinations and systems my I came to realize that language at work environment is a lot of imperative to s upport over the long haul. During my group I went over the EED affiliation that supports improving relational abilities by giving the award to that association who bolster the multicultural language inside the workplace WHS has made a few correspondences enactment necessity so as to keep up discipline at working environment. WHS (Workplace Health and Safety) have significant influence is guaranteeing the multicultural representatives inside the working environment comprehend the wellbeing and remaining sound standards through different dialects (staff.uow.edu.au, 2015). To the extent my experience, Australian working environment perceives the English as their official language and some of significant wellbeing signs so as to cause the guests and worker to follow the standards. I think that its astonishing to realize that vagrants who are less capable in English would be given language educational cost that may encourages the transients to improve their relational abilities at work pace (Garon, 2011).. Be that as it may, in correlation of different countries, Australians work culture is a lot of loose and well disposed air which drives the representatives to more mingle. Reference list Diaries Coombs, W., Holladay, S. (2004). Understanding the forceful working environment: Development of the work environment hostility resilience survey. Correspondence Studies, 55(3), 481-497. doi:10.1080/10510970409388633 Garon, M. (2011). Shouting out, being heard: enrolled medical attendants view of working environment correspondence. Diary Of Nursing Management, 20(3), 361-371. doi:10.1111/j.1365-2834.2011.01296.x Sites Democracyendowment.eu,. (2015). European Endowment For Democracy: EED. Recovered 27 February 2015, from https://www.democracyendowment.eu/ staff.uow.edu.au,. (2015). Whs Communication Guidelines. Recovered 27 February 2015, from https://staff.uow.edu.au/content/gatherings/open/@web/@ohs/reports/doc/uow057234.pdf
Saturday, August 22, 2020
Education: Banking or Problem Posing? Essay -- essays research papers
Training: Banking or Problem Posing? Richard Rodriguez and Paolo Freire compose of training as the center factor in oneââ¬â¢s life. They feel that instruction itself loans individuals to either ââ¬Å"achieveâ⬠enormity or fall into most of ââ¬Å"bankers.â⬠ââ¬Å"The Achievement of Desireâ⬠by Rodriguez and ââ¬Å"The Banking Concept of Educationâ⬠by Freire significantly look like one another; in any case, they likewise vary on certain focuses. Notwithstanding their disparities, the two writings arrive at a similar determination â⬠instruction makes an individual who he/she can turn into. Rodriguez and Freire both express that training is essential for progress. Rodriguez composes that he is how he is a result of his instruction. Rodriguez originated from an average workers Mexican family. At the point when he was acquainted with instruction, he got embarrassed about this and decided to change his way from falling into a similar societal position. Rodriguez is known as he is today a result of his capacity to step back; out of the current circumstance or condition and ponder it very quickly. Rodriguez concurs that banking improves training or society itself. On the off chance that no new thoughts are ever surfaced, at that point progress will never happen. He was equivalent to every other person until he began to break down writings and rework something beyond sum up. This made him the ââ¬Å"scholarship boyâ⬠that he was. By figuring out how to utilize his training admirably and make associations between various writings, he elevated his insight. A key component that Rodriguez and Freire both talk about is banking instruction. Fre...
Friday, August 21, 2020
HOW TO Create Mind Map Inside Google Chrome
HOW TO Create Mind Map Inside Google Chrome Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!HOW TO: Create Mind Map Inside Google ChromeUpdated On 27/10/2018Author : Abhishek BiswalTopic : ChromeShort URL : http://bit.ly/2ozvoKH CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogIf you are blogger then you might be knowing whats mind mapping. According to Wikipedia, a Mind Map is:A mind map is a diagram used to represent words, ideas, tasks, or other items linked to and arranged around a central key word or idea. Especially in British English, the terms spidergram and spidergraph are more common, but they can cause confusion with the term spider diagram used in mathematics and logic. Mind maps are used to generate, visualize, structure, and classify ideas, and as an aid tostudying and organizing information, solving problems, making decisions, and writing.You can use mind-mapping for thinking about the next blog post, create To Dos in form of a map and m ore. I got to know about MindMapr when I was searching for a mind mapping application for Ubuntu, but was not able to find a good one. Then I skipped to Google Chrome App Store and on the New Apps Section, I found MindMapr. The name of the app says it all. Its a Mind Mapping Tool which works inside your browser letting you save your maps locally or saving it as a file. You can also save your maps as images so that you can share it with others easily. Here is a screenshot of MindMapr in action:MindMapr ScreenshotThere are two ways in which you can save your map: Locally / As a File On Your Computer. Here is a screenshot:Saving a Map In MindMaprThere are many other options to save the created map. If youre going to edit the map later, then save it locally or as a file. Maps are saved as a file when youre going to edit the map on another computer ( still you need to install the chrome app on that computer ). If you want to share the created map with others, you can save it as an image and then upload it it to a Image Hosting Service.READ5 Apps To Make Your Chrome's New Tab PersonalizedThe Navigator and Inspector Windows helps you to navigate through the map ( the map can as large as possible) and Change Text Style, Weight, Color and more. You can also change Branch Colors.Overall, this is a complete Mind Mapping Application which you can run inside your browser and can even work on it when youre offline. The first Screenshot shows the ToDos and Blog Posts Nodes, in a similar way, you can also create a mind map and start brainstorming on your next project or on your blog. MindMapr Apps Minimalism makes it look good and the interface is distraction free.You can Install this Google Chrome App From Here.
Monday, May 25, 2020
How to Say Thank You in Japanese
Knowing how to say thank you in any language is one of the first, and best, things to learn. The gesture is immediately appreciated, especially in Japan, which is an extremely polite society. The Japanese take great pleasure in people from other countries making the effort to communicate with them, so dont feel shy about trying out your Japanese. The more you practice, the easier it will get and the more you will be able to communicate with people. For more on Japanese Greetings, follow the link. Keep practicing your Japanese! Meaning Thank you very much. Pronunciation Listen to the audio file for Arigatou gozaimasu. Japanese Characters ã âãâŠã Å'㠨ã â ã âã â"ã â㠾ã â¢Ã£â¬â
Thursday, May 14, 2020
Andy Warhol Essay - 1572 Words
Andy Warhol being one of the biggest influences in my work made him the obvious choice for this assignment. I see Warhols influence on the world we live in everyday and strongly believe he helped in creating the pop culture obsession in America. Andy went from rags to riches and defines the American dream. His work has inspired many and continues to be recognized by people throughout the world. Born August 6, 1928 to Andrej and Julia Warhola, Andy was the youngest of three brothers. Andys father emigrated from Mikova, Czechoslovakia in 1913. Eight years later Julia joined Andrej in Pittsburgh where he had found work in construction. The following year, 1922, Paul Warhola was born. Then in 1925 came John. Andys older brothersâ⬠¦show more contentâ⬠¦This is when Andy dropped the a from Warhola and began going by Warhol. Andy moved to New York with fellow painter Philip Pearlstein. After a year of living with Pearlstein and some other roommates Warhol moved his mother from Pittsburgh to live with him in an apartment. The dependency on her is seen up until her death. His first work in New York was very design oriented. Andy designed womens shoes and storefronts. He won three Art Directors Club Awards and used his business art to make his money. Andy still did commercial work up until 1968 when he used commissions as his main source of income. (Rodley) Warhol first emerged onto the fine art scene in 1962 with a solo show at the Ferus Gallery in Los Angeles. This show promoted his first run of soup cans. Thirty-two different flavored soup cans were displayed. The paintings were listed at $100 each, not even one of the paintings sold and the whole lot was purchased by the gallery owner. (Koestenbaum 62) The next show put on by Warhol was in New York. Here he had portraits of Marilyn and Elvis, as well as the disaster series. From here, Warhols career as an American artist took off and he made millions through his famed portraits. Warhol also enjoyed working with photography and film. His popularity was huge and everyone wanted Warhol to put his spin on their product or logo. Andy became a New York socialite in the seventies and frequented clubs like the notorious Studio 54,Show MoreRelated Andy Warhol Essays946 Words à |à 4 PagesAmerican art, Andy Warhol was obsessed with fame, glamour, and money. He is best known for his images of stars and celebrities and for his reproductions of symbols of the American society. nbsp;nbsp;nbsp;nbsp;nbsp;Andrew Warholaââ¬â¢s (he later dropped the ââ¬Å"aâ⬠) birth date is uncertain, Andy said himself that his birth certificate had been forged and June 6, 1928 became the date taken as his birthday. Others say he was born December 6, 1930 and then others say it was August 6, 1928. Andy was very mysteriousRead MoreAndy Warhol Essay1589 Words à |à 7 PagesAndy Warhol Warhol was successful in bringing a new form of art to the forefront of an ever changing artworld in the 1960`s. I am interested in the field of commercial and graphic art and its connection to advertising. Thats why I have chosen Warhol as my subject for this essay. Im going to focus on the techniques and images he used on his paintings. Andy Warhol is one of the worlds most renown artists. He was a painter, a photographer, a filmmaker, a publisher of Interview magazineRead More Andy Warhol Essay743 Words à |à 3 Pages The attitude of Warhol only confused society more. Instead of hiding his association with commercial art as other artists did, drawing and dividing the line between it and real art, he erased the line. ââ¬Å"The Pop artists did images that anybody walking down Broadway could recognize in a split second.â⬠(Warhol) Pop artist figures competed in that art market where images and auras, no just objects, are offered for consumption. Warhol has never objected to this state of affairs, which he did so much toRead More Andy Warhol Essay3682 Words à |à 15 PagesAndy Warhol Works Cited Missing I just paint things I always thought were beautiful, things you use every day and never think aboutâ⬠¦ I just do it because I like it. (Beckris 110) I just do it because I like it is Andyââ¬â¢s philosophy on life. Andy might just be the most interesting and at the same time the most confusing individual you will ever read about. Andyââ¬â¢s work is like none others. His art brought common day people together and showed the impact of contemporary society and the idea ofRead MoreAndy Warhol Essay1218 Words à |à 5 PagesI selected Andy Warhol because I have long admired his crazy, quirky, unconventional style of producing works of art from normal, everyday subjects ranging from inanimate, normally unnoticed objects to pop culture celebrity icons. I first heard of him in 1986 when his show Andy Warhols Fifteen Minutes aired on MTV. The show featured Andy interviewing what he thought was the next up-and-coming musical sensations about to get their fifteen minutes of fame. Two years later on a poster in theRead More Andy Warhol Essay2426 Words à |à 10 PagesHailed as the founding father of the Pop Art movement in the late 1950s and early 1960s, Andy Warhol, through his endeavors, brought forward societys obsession with mass culture and allowed it to become the subject of his art. He produced works that defied and challenged the popular notion of what art should be by disputing the traditional conventions pertaining to the uniqueness, authenticity, and authorship of art (Faerna 28). However, it is an injustice to say that Warhols goals primarilyRead MoreAndy Pope of Pop Warhol 690 Words à |à 3 PagesThe American artist, Andy Warhol, was one of the major influential artists in the late 20th century, during the pop art movement. One of his art pieces is called Details of Renaissance Paintings (Sandro Botticelli, Birth of Venus, 1482) made in 1984 and currently located at The Andy Warhol Museum in his hometown. For all of his art works (printmaking, painting, cinema, photography), Warhol gives a whole new different perspective and meaning to society, by giving a ââ¬Å"personalityâ⬠to his work. The culturalRead MoreFrida Kahlo And Andy Warhol Essay1406 Words à |à 6 Pagesalternating the traditional point of view. Frida Kahlo and Andy Warhol both contributed to different art movements. Frida Kahlo grew up with an illness and later experience what she would call two accidents that allowed her to start her innovative life. Kahlo changed societal norms having to do with sexuality, gender roles, and a new form of expression with private and personal subjects that at the time werenââ¬â¢t allowed to be talked about. Andy Warhol came from rags to riches because of his excellence inRead MoreEssay about Andy Warhol1980 Words à |à 8 Pages Andy Warhol Never before have I encountered more intriguing works of art than those done by Andy Warhol. I have been curious about his life ever since I saw his work in Milwaukee. I saw his famous work of the Campbells Soup Can. By viewing this, one can tell he is not your average artist. Im sure his life is full of interesting events that shaped him into who he was. As an artist myself, I would like to get to know the background of his life. I may then be able to appreciate his styles and understandRead MoreVenus and Andy Warhol Essay2165 Words à |à 9 Pagesa full grown woman arriving at the shore. Painted in 1486, and with the medium of tempera on canvas, The Birth of Venus hangs in the Uffizi gallery in Florence Italy. This renaissance painting is huge and is 67.9 inches tall by 109.6 inches wide. Andy Warholââ¬â¢s screen print Venus was done is 1984 and has been mass produced all over the country. There are many critiques and analysis for both of these pieces. Also there is a large amount of comparisons between the two, because they are both of the
Wednesday, May 6, 2020
American General Corporation - 1014 Words
American General Corporation Evaluating the Risk of the American General Corporation we started from looking at companys market standing from potential investors point of view. First we take a look at the companies profile. American General Corporation is a diversified financial services organization, provides retirement services, life insurance, and consumer loans. The company offers retail financial programs through fifteen thousand merchants. American General Corp. operates in 41 states. Puerto Rico, and the United States Virgin Islands. Well, first we find out that American General Corporation is a blue chip, multibillion dollar company. This tells us right from the beginning that this financial giant is really worthâ⬠¦show more contentâ⬠¦The company is very careful with its investments. AGS decreases its investments into the below investment grade securities ( have credit rating below BBB- ) from 5% at June 31 of 1998 to 4% at December 31 of 1997%. The company invests in below investment securities to enhance the overall yield of the portfolio. Investment income from below investment grade securities was $148 million for the six months ended June 30, 1998. This tells us that this company is not looking for the quick profit, so it does not through its money around passing on opportunities for greater rate of return on equity for stability and safety. For some investors this might seem as an extreme measure, because after all earning money on market is all about risk. But for those who investors who a re looking for a stable and secure investment American General Corporation should fit the profile. Then again, getting rid of risky investments moved companys beta closer to market beta ( which considered to be 1 and AGC beta right now is about .95 ) was not such a good idea, because now with there is a more chance for the company to take a deeper dive with recession of overall U.S. economy. Consumer Finance divisions capital varies directly with the amount of total finance receivables. The capital mix of consumer finance debt and equity is based primarily upon maintaining at a level that supports cost-effective funds. From financial research we know that American General Corp. had $ 9.2Show MoreRelatedGeneral Motors : An American Multinational Corporation2161 Words à |à 9 Pages General Motors General Motors Company commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets and distributes vehicles and vehicle parts and sells financial services. It produces vehicles in 37 countries under thirteen brands: Alpheon, Chevrolet, Buick, GMC, Cadillac, Holden, HSV, Opel, Vauxhall, Wuling, Baojun, Jie Fang and UzDaewoo. General Motors employs more than 212,000 people from all over the world and does businessRead MoreEssay on Cyber Attacks on the Governmentââ¬â¢s Transportation Grid3320 Words à |à 14 Pagesremaining 5% produced by solar power. This solar power would, in turn, be generated from solar thermal plants scattered across the correlating area (Richard). A project known as Tres Amigas SuperStation in Clovis, New Mexico, is geared toward an American domination of renewable energy. This, as well as a couple of other similar projects, is currently working to shape a sustainable alternate energy management system by tracking the electricity use as well as controlling a healthy amount of renewableRead MoreThe Importance Of The American Dream1363 Words à |à 6 Pagesââ¬Å"The road to success is not easy to navigate, but with hard work, drive, and passion, its possible to achieve the American dream.â⬠-Tommy Hilfiger. What is the American dream? How is it possible to achieve the American dream if there are large corporations ruining it for the companies trying to reach such dream? The American dream consists of the ideal that every US citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative. What aboutRead MoreAssignment #3. 1.Corporate Governance Is A Set Of Rules1376 Words à |à 6 Pagesto manage ââ¬Å"action plans and internal controlsâ⬠to measure a companyââ¬â¢s ââ¬Å"performance and corporate disclosure.â⬠Corporate Governance is important to every American citizen for various reasons. Bad governance of a company m akes the company unreliable, such as participation in illegal activities. Corporate Governance is mainly to build trust of American people to invest in companies. Corporate governance became a major issue in 2002 after the Sarbanes-Oxley Act. The Sarbanes-Oxley Act was formed becauseRead MoreNeed For Money Essay1188 Words à |à 5 PagesCorporate political campaign donations often attract scrutiny from watchdog organizations, as well as the American public. Many fear that the ability to raise and spend large amounts of money is abused, and put towards a more duplicitous effort of earning influence over votes from policy makers. The large price tag on elections deters substantial reform from taking place, and the issue is likely to persist for many years unless major legislation is passed. Campaigns and Finance: The Need for MoneyRead MoreExam 1 Sol1373 Words à |à 6 Pagesshould: concentrate its production on tin and buy corn from an efficient producer. 2. Climate and terrain in several South American countries are conducive to growing coffee efficiently. While other countries can grow coffee, they are not as efficient and effective at coffee growing because of short seasons and climate concerns. This fact would lead you to believe that South American countries have a (n) __________ advantage in the production of coffee. comparative 3. The only deposits of a rare and soughtRead MoreEnvironmental Challenges Facing The American Auto Industry Essay775 Words à |à 4 Pagesthe American Auto Industry The American Auto Industry has evolved for many decades with pioneers such as Ford Motor Company. The United States Auto Industry was once upon a time a global leader in the automotive industry but due to knowledge and skills acquisition by other automobile manufacturers such as Toyota, the once American Auto Industry leadership has been surpassed. I will give discuss this following paragraphs. Global Competition in the Industry So far the Toyota Motor Corporation of JapanRead MoreDollar General Market Analysis931 Words à |à 4 PagesDollar General Analysis Ricky Rich MGT/521 10 Nov 2014 Dr. Bridges Dollar General Analysis Dollar General Corporation is a premier low-cost retailer organization in the United States. It is amongst the biggest retailers with over 11,500 stores that provide quality commodities made by American manufacturers. One of the Dollar Generalââ¬â¢s main objectives is to create an atmosphere that enables access to everyday items worry-free, rather it is a simple bar of soap or a box of detergent. This objectiveRead MoreBusiness Structure Of The United States1178 Words à |à 5 PagesFor many, the American dream involves owning a business and achieving financial stability. However, to achieve this American dream, one must create a business plan that involves the consideration of appropriate business structure. In the United States there are several business structures offered for consideration. Sole proprietorships, partnerships, corporations, and limited liability companies have their advantages and disadvantages. Any new business must evaluate the available business forms toRead MoreGlobalizations Effect on Labor Unions1670 Words à |à 7 Pagesaccessibility of world markets, is a relatively recent phenomenon that unions must confront. Nations, corporations, and workers find themselves increasingly subjected to the whims of the international market. Consequently, these international economic forces have superseded national and local contexts to shape labor movements and unions. It is within the context of an internationalized world that corporations are no longer confined to a centralized location. Corporate foreign investment and the rise of
Tuesday, May 5, 2020
Information Technology Governance Framework-Samples for Students
Question: Does your host company have in place a formal IT Governance framework? Some clues as to its existence might be that there is a Corporate Governance or IT Governance policy document; the corporate intranet might contain references to governance. Structures may exist, at higher levels that are the decision making bodies and which control activities in the company for all levels through delegated authority. Describe your findings and compare them with those of at least 2 other classmates. Answer: 1.The answer to this question number 1 is yes as Information Technology governance framework exists within the host company. For meeting company goals it was found out that IT strategy is perfectly aligned with business strategy. The primary responsibility of an IT governance framework is making sure that the IT department of the company is working properly. When a formal framework is followed, organizations such as BMP technologies are able to produce quantifiable results for achieving goals and strategies. Every organization nowadays is focusing on data security. They are subject to regulations governing financial accountability, disaster recovery, data retention and protection of confidential information. Pressure from stakeholders, shareholders and customers also results in creating pressure. Implementation IT government structure forms an integral part of an organization. Commonly used frameworks are ITIL, COBIT, COSO, CMMI and FAIR (Lindros, 2018). CMMI or (Capability Maturity Model Integration) which is by Software Engineering Institute is used by the organization. This approach is followed to improve performance. Performance of an organization, profitability maturity level and quality is measured on a scale of one to five by the CMMI framework. CMMI involves processes in service delivery, hardware development and purchasing. Initially, it was intended for software engineering only but now it serves the purpose mentioned in the previous line. Corporate culture needs to be considered while reviewing frameworks. BMP has an efficient risk management committee with business representation and top-level sponsors. This risk management committee is tasked with ensuring smooth implementation of the framework (BMP TECH ONE PTY. LTD., 2018). This has lead to the success of BMP. References: Lindros, K. (2018).What is IT governance? A formal way to align IT business strategy. [online] CIO. Available at: https://www.cio.com/article/2438931/governance/governanceit-governance-definition-and-solutions.html [Accessed 10 Apr. 2018]. BMP TECH ONE PTY. LTD. (2018).Information Security - BMP TECH ONE PTY. LTD.. [online] Available at: https://bmptechnologies.com.au/our-services/information-security/ [Accessed 11 Apr. 2018]
Thursday, April 9, 2020
Frances Perkins Essays - United States, 74th United States Congress
Frances Perkins Joshua Reynolds Everest University Frances Perkins Frances Perkins was appointed to the State Industrial Commission in 1918 and named its chairman in 1926. It was only two years later, in 1929, that then governor Franklin D. Roosevelt promoted Perkins to be the Industrial Commissioner of New York, the chief post in the state labor department. She continued her efforts to expand factory investigations, reduce the work week to 48 hours for women, and facilitate minimum wage and unemployment insurance laws. In 1933, President Roosevelt appointed Perkins as his Secretary of Labor, making her the first woman in the United States to hold a Cabinet position. She served longer than any other Secretary of Labor, from March 1933 to July 1945. As secretary, she played a key role in writing New Deal legislation. She immediately proposed federal aid to the states for direct unemployment relief, an extensive program of public works, an approach to the establishment by federal law of minimum wages and maximum hours; unemployment and old-age insurance, abolition of child labor, and the creation of a federal employment service. Because of her diligence and vision, the National Labor Relations Act (Wagner Act, 1935) was passed which gave workers the right to collective bargaining and created the National Labor Relations Board. A famous event, in which Perkins led thousands of steelworkers to a meeting place to negotiate their bargaining rights, was captured and circulated in a newspaper photo. Best described as a strong advocate for government intervention for the public good, Perkins' involvement and persuasive ventures usually led to victory. in 1934, while serving in the cabinet, she was made chairwoman of the President's Committee on Economic Security. A report issued by that committee laid the basis for the Social Security Act. Although it was considered at the time to be a radical departure, the proposal was accepted with enthusiasm by Roosevelt. A petition in favor of the measure was signed by 20 million people. Her most important contribution as chairwoman resulted in the Social Security Act of 1935. When the Fair Labor Standards Act passed in 1938, Perkins had managed to persuade Congress to eliminate "labor conditions detrimental to the maintenance of the minimum standards of living necessary for health, efficiency and well-being of workers." The law also established a minimum wage. On the other hand, Congressional conservatives were angered with Perkins when on one occasion she had refused to deport Harry Bridges, the head of the Westcoast Longshore Union. References: Frances Perkins. (n.d.). Retrieved June 15, 2017, from https://aflcio.org/about/history/labor-history-people/frances-perkins Frances Perkins. (2016, April 07). Retrieved June 15, 2017, from https://www.biography.com/people/frances-perkins-9437840
Monday, March 9, 2020
Free Essays on Christ
The New Testament authors had no qualms about declaring that Jesus was truly human and telling us that Jesus committed no sin. Bible passages such as 2 Corinthians 5:21, Hebrews 4:15, 1 Peter 2:22 and 1 John 3:5 ââ¬Å"witness that He [Jesus] did not give in to temptation, nor violate the moral standards of God, nor was He inconsistent with the nature of his character.â⬠That is, Jesus was sinless. It is vital to our theology that Jesus was sinless. For only if Jesus was sinless could His death have been a vicarious substitution and fulfil Godââ¬â¢s redemptive plan for man. If Jesus had not been sinless, then it would mean that He died for His own sins and not those of mankind. Had Jesus died for His own sins then His death could not have been accepted by the Father as a vicariously substitution for the punishment and judgement each of us are entitled to receive. Even though there is no serious debate that Jesus was anything but sinless, theologians have discussed the question of whether Jesus could have sinned if He had wanted. This is called the peccability of Christ. The opposing argument, i.e., impeccability, being that even if He had wanted, Jesus could not have sinned. Upon first consideration, one might view this question as being trivial; something to simply keep the theologians ââ¬Å"out of mischiefâ⬠when they have nothing better to do. However, there are som e very appropriate reasons for examining this issue. The first reason to examine the issue of Christââ¬â¢s peccability/impeccability is so that we might obtain a better understanding and a more in depth knowledge about both Jesus Christ and God, just as God has invited us. This is the same reason that we study Theology proper. When we arrive at an answer to this question, we will have additional knowledge about Jesusââ¬â¢ preincarnate state and a better understanding of the meaning of the statement ââ¬Å"Jesus Christ is the same yesterday, today, and forever .â⬠Second, som... Free Essays on Christ Free Essays on Christ Going to school Monday thru Friday and having fun with your friends on the weekend is something every teenager does, but it can be a troubling situation when you are a Christian? Most teenagers find it very difficult to be accepted by their peers once they find out that they attend church. I feel that just because you have faith in God and know that he is the reason that you breath, is no reason for you to be ashamed that youââ¬â¢re a Christian. I donââ¬â¢t expect for teens to walk around carrying a Bible and preaching to everyone about being Christ-like, but there are some that feel that it is there duty as a Christian to let people know about God .To me it means that I have the love of God in my heart and that I am willing to share that with anyone I meet. By being a Christian it is embedded in me to help others whether it is by way of listening to their problems, helping them with their homework, or relationship issues. A person can let others know about God in different ways besides an in-depth conversation on believing and trusting in the Lord. The main issue is the fact that their friends may not accept them. I feel that if you canââ¬â¢t talk about the way you feel about the Lord and Savior or show by ways and actions, they may not be true friends and are not understanding of your love for him. By teens being open about their Christianity and have come to know the word of the Lord, they may feel that they canââ¬â¢t have fun or go out with their friends because they are not acting in a Christ-like manner. I feel that you could spread the word in all types of ways, whether it is in dance, music, art, or just having fun. Christianity is not meant to make your pleasures less but allows you enjoy life more abundantly through his grace. Out of the little I have said, I hope that there will be at least one teenager that will be willing to open up to a friend to proclaim their love to the Lord and Savior Jesus Christ. Remember that G... Free Essays on Christ The New Testament authors had no qualms about declaring that Jesus was truly human and telling us that Jesus committed no sin. Bible passages such as 2 Corinthians 5:21, Hebrews 4:15, 1 Peter 2:22 and 1 John 3:5 ââ¬Å"witness that He [Jesus] did not give in to temptation, nor violate the moral standards of God, nor was He inconsistent with the nature of his character.â⬠That is, Jesus was sinless. It is vital to our theology that Jesus was sinless. For only if Jesus was sinless could His death have been a vicarious substitution and fulfil Godââ¬â¢s redemptive plan for man. If Jesus had not been sinless, then it would mean that He died for His own sins and not those of mankind. Had Jesus died for His own sins then His death could not have been accepted by the Father as a vicariously substitution for the punishment and judgement each of us are entitled to receive. Even though there is no serious debate that Jesus was anything but sinless, theologians have discussed the question of whether Jesus could have sinned if He had wanted. This is called the peccability of Christ. The opposing argument, i.e., impeccability, being that even if He had wanted, Jesus could not have sinned. Upon first consideration, one might view this question as being trivial; something to simply keep the theologians ââ¬Å"out of mischiefâ⬠when they have nothing better to do. However, there are som e very appropriate reasons for examining this issue. The first reason to examine the issue of Christââ¬â¢s peccability/impeccability is so that we might obtain a better understanding and a more in depth knowledge about both Jesus Christ and God, just as God has invited us. This is the same reason that we study Theology proper. When we arrive at an answer to this question, we will have additional knowledge about Jesusââ¬â¢ preincarnate state and a better understanding of the meaning of the statement ââ¬Å"Jesus Christ is the same yesterday, today, and forever .â⬠Second, som...
Saturday, February 22, 2020
Emotions in Conflict Coursework Example | Topics and Well Written Essays - 250 words
Emotions in Conflict - Coursework Example Also, the stress itself becomes a problem. Emotions of tension make the resolution process hard since the parties are not comfortable talking to each other. Emotions of sadness and hopelessness are also bad. The mediators may also experience emotions of favoritism and bias toward one party and this is very harmful for the other party because the final decision would be one-sided. Thus, it is important for the conflicting parties and also for the mediator to control their emotions. It is a misconception that emotions makes the parties understand each other. To remove this misconception, it is important for both the parties to know what emotions they are possessing. One party should know if the other party is angry or excited or if it is tense or relaxed itself. This helps build a strong communication platform where the two parties share their interests and goals and a better resolution is achieved. References Faw, B. (2009). Staying positive in negative times. New Hampshire Business R eview, Vol. 31 (25).
Wednesday, February 5, 2020
Watch the film A Taste of Honey (1961). Analyze the film as a work of Movie Review
Watch the film A Taste of Honey (1961). Analyze the film as a work of Kitchen Sink Realism and discuss the work in light of questions of class, gender and race in 1950s Britain - Movie Review Example The director has been very clever in handling the movie because body language says more than meet the words. Tony Richardson is also known for producing other movies like Jean Giraudxââ¬â¢s The Apollo of Bellac. He won an Academy award in 1964 for Best Director of the film Tom Jones. Dora Bryan (Helena), Joââ¬â¢s mother, is a very selfish woman who is in constant pursuit of her own happiness. You can tell this by the way she combs her hair, puts on her lipstick or light the cigarette. Dora Bryan is also known for her role in Absolutely Fabulous. She won BAFTA awards as Best Actress in A Taste of Honey. Rita Tushingham, also known as Jo, plays the role of an adolescent girl who is also a working class. Her wide eyes show a mixture of fear and innocence. She is aware of her motherââ¬â¢s lack of love and she expresses this by bending her shoulders. She generally carries the weight of being unwanted. Rita Tushingham is known for her supporting roles in The Knack, Doctor Zhivago, just to mention a few. She was nominated Best Actress (BAFTA) in 1966 and also in 1962 Most Promising Newcomer for her role in ââ¬ËA Taste of Honeyââ¬â¢. This movie is all about black and white people, gay and straight, mothers and daughters. Jo is a 17-year old school girl who lives wither promiscuous and domineering mother, Helen. Jo was longing for love and attention from her mother only for things to get worse between the two of them when her mother enters into a new relationship. This latest ââ¬Ëromanceââ¬â¢ drives Jo out of their apartment and she finds herself in the streets. She later spends the night with a black sailor who ended up impregnating her. Joââ¬â¢s mother decides to abandon her and move in with her lover after which Jo finds a job and a room for herself. She then meets Geoffrey co-worker who is a shy and lonely homosexual and they agree to share a flat. She discovers later that she is pregnant with the sailorââ¬â¢s child and Geoffrey returns a favor by caring for
Tuesday, January 28, 2020
Most Influential Socialist Thinkers Of Time
Most Influential Socialist Thinkers Of Time The philosopher, social scientist, historian and revolutionary, Karl Marx, is without a doubt the most influential socialist thinker to emerge in the 19th century. Although he was largely ignored by scholars in his own lifetime, his social, economic and political ideas gained rapid acceptance in the socialist movement after his death in 1883. Until quite recently almost half the population of the world lived under regimes that claim to be Marxist. This very success, however, has meant that the original ideas of Marx have often been modified and his meanings adapted to a great variety of political circumstances. In addition, the fact that Marx delayed publication of many of his writings meant that is been only recently that scholars had the opportunity to appreciate Marxs intellectual stature. It is difficult to know what effect this would have on his later philosophy, but we do know that Marx would be antithetical to religious belief, at one time pronouncing it, the opiate of the masses After schooling in Trier (1830-35), Marx entered Bonn University to study law. At university he spent much of his time socialising and running up large debts. His father was horrified when he discovered that Karl had been wounded in a duel. Heinrich Marx agreed to pay off his sons debts but insisted that he moved to the more sedate Berlin University. Educated in the best universities in Germany at Bonn, Berlin and Jena, he was greatly influenced by the most prominent scholar of the previous generation, Georg Wilhelm Friedrich Hegel. As youth turned to middle age, Karl Marxs views became more radical and finally hardened into the body of thought we know today. His journey to this point took him out of Germany where the newspaper he edited, the Rheinische Zeitung, was suppressed by the Government. He moved to Paris in 1843 and later to Brussels in 1845. Marx himself considered his theory of surplus-value his most important contribution to the progress of economic analysis (Marx, letter to Engels of 24 August 1867). It is through this theory that the wide scope of his sociological and historical thought enables him simultaneously to place the capitalist mode of production in his historical context, and to find the root of its inner economic contradictions and its laws of motion in the specific relations of production on which it is based Marx was partial to Hegel and his theories and was influenced by Hegels views that history was a dialectical process. He did not adhere to Hegels spirituality . He was also influenced by Fuerbach, Saint-Simon, Proudhon and Bakunin. While living in Paris, he began to associate with the working clasas for the first time. He began to formulate his thought that revolution was the key to achieving balance between the upper class and the working class. He wrote and spoke on social change through revolution. He believed that there was great energy between proleterians and capitalists. Marx began to appeal to more of the common people during the early depression days. American educatin became aware of soviet education reforms during the 1920s and through George S. Counts who visited Russia and brought their educational system of reform to light in America. But only a mere 10 years later, American educators did not think societ education was good. The theory associated with Marxism was developed in mid-19th century Europe by Karl Marx and Friedrich Engels. Although Marx and Engels did not write widely about education, they developed theoretical perspectives on modern societies that have been used to highlight the social functions of education and their concepts and methods have served to both theorize and criticize education in the reproduction of capitalist societies, and to support projects of alternative education. In this study, I will first briefly sketch the classical perspectives of Marx and Engels, highlighting the place of education in their work. Then, I lay out the way that Marxian perspectives on education were developed in the Frankfurt School critical theory, British cultural studies, and other neo- Marxian and post-Marxian approaches grouped under the label of critical pedagogy, that emerged from the work of Paulo Freire and is now global in scope. I argue that Marxism provides influential and robust perspectives on education, still of use, but that classical Marxism has certain omissions and limitations that contemporary theories of society and education need to overcome. The young Marx and Engels thus perceived that without education the working class was condemned to lives of drudgery and death, but that with education they had a chance to create a better life. In their famous 1848 Communist Manifesto, Marx and Engels argued that growing economic crises would throw ever more segments of the middle classes, and the older peasant and artisan classes, into the impoverished situation of the proletariat and would thus produce a unified working class, at least one with interests in common. They declared that the bourgeois class is constantly battling against the older feudal powers, among its own segments, and against the foreign bourgeoisie, and thus enlists the proletariat as its ally. Consequently, the proletariat gains education and experience which it can use to fight the ruling class. The Marxist approach to education is broad constuctivist and emphasises activity, collaboration and critique, rather than passive absorption of knowledge, emulation of elders and conformism; it is student-centred rather than teacher centred, but recognises that education cannot transcend the problems and capabilities of the society in which it is located. The Soviet, Chinese, and other Communist states were at most only partly structured along Marxist classless lines, and while such Communist leaders as Vladimir Ilyich Lenin, Joseph Stalin, and Mao Zedong staunchly claimed Marxist orthodoxy for their pronouncements, they in fact greatly stretched the doctrine in attempting to mold it to their own uses. The evolution of varied forms of welfare capitalism, the improved condition of workers in industrial societies, and the recent demise of the Communist bloc in Eastern Europe and Central Asia have tended to discredit Marxs dire and deterministic economic predictions. The Soviet and Chinese Communist regimes did not result in the disappearance of the state, but in the erection of huge, monolithic, and largely inefficient state structures. In recent years, many Western intellectuals have championed Marxism and repudiated Communism, objecting to the manner in which the two terms are often used interchangeably. A number have turned to Marxs other writings and explored the present-day value of such Marxist concepts as alienation. Among prominent Western Marxists were the Hungarian philosopher Gyà ¶rgy Lukaisand the Italian political philosopher Antonio Gramsci, both of whom viewed Marxism as a liberation from the rule of political economy and believed in its relationship to the social consciousness. Marxisms influence can be found in disciplines as diverse as economics, history, art, literary criticism, and sociology. German sociologist Max Weber, Frankfurt school theorists such as Theodor Adorno and Max Horkheimer, British economist Joan Robinson, German dramatist Bertolt Brecht, British literary critic Frederic Jameson, and the French historians of the Annales school have all produced work drawn from Marxist perspectiv es.
Monday, January 20, 2020
anger :: essays research papers
à à à à à à à à à à à à à à à à à à à à ANGER Anger is a healthy emotion when it is expressed appropriately. When it is not, it can have devastating effects. Anger is at the root of many personal and social problems, e.g., child abuse, domestic violence, physical and verbal abuse, and community violence. Problematic interpersonal relations may also disrupt employment activities because of the interference of anger on workplace performance. Left unchecked, anger can destroy relationships, obstruct problem solving skills, and increase social withdrawal. Anger also affects our physical health. For example, it can tax our immune system; contribute to headaches, migraines, severe gastrointestinal symptoms, hypertension, and coronary artery disease. Anger is a healthy and valid emotion. But many of us are taught not to express or show our anger. This often leaves us feeling frustrated and unable to express how we feel inside. As a result, some of us store and suppress our anger, while others may express it, but in negative and unhealthy ways. Individual counseling sessions will assist you in learning how to express and communicate your anger in positive and effective ways. Anger is 'an emotional state that varies in intensity from mild irritation to intense fury and rage,' according to Charles Spielberger, Ph.D., a psychologist who specializes in the study of anger. Like other emotions, it is accompanied by physiological and biological changes; when you get angry, your heart rate and blood pressure go up, as does the level of your energy hormones, adrenalin and/nor adrenalin. Anger can be caused by both external and internal events. You could be angry with a specific person (Such as a coworker or supervisor) or event (a traffic jam, a canceled flight), or worrying or brooding about your personal problems could cause your anger. Memories of traumatic or enraging events can also trigger angry feelings. The instinctive, natural way to express anger is to respond aggressively. Anger is a natural, adaptive response to threats; it inspires powerful, often aggressive, feelings and behaviors, which allow us to fight and to defend ourselves when we are attacked. A certain amount of anger, therefore, is necessary to our survival. On the other hand, we can't physically lash out at every person or object that irritates or annoys us; laws, social norms and common sense place limits on how far our anger can take us. People use a variety of both conscious and unconscious processes to deal with their angry feelings. The three main approaches are expressing, suppressing, and calming. Expressing your angry feelings in an assertive --not aggressive -- manner is the healthiest way to express anger. To do this, you have to learn how to make clear what your needs are, and how to get them
Sunday, January 12, 2020
Comparison Between the Cost of Living in Ecuador and the United States
The Cost of Living between Ecuador and the United States The cost of living between Ecuador and the United States shows several differences, but this essay is going to focus on two of the most common ones. The first one is the rental price of an apartment and the second one is the cost of clothing and shoes. First, the rental price of an apartment of three bedrooms in Ecuador is around 500 dollars; on the other hand, this cost is much higher in the United States; actually, an American family has to pay about 1500 dollars for renting an apartment with these characteristics.In short, renting an apartment in Ecuador is three times less expensive than renting it in the United States. Second, the price of the clothing and the shoes is extremely expensive in Ecuador, for example: if a person wants to buy one pair of Nike shoes, that person has to pay about 300 dollars, whereas in the United States if someone buys the same pair of shoes, he/she pays around 150 dollars.Moreover, an American woman can get a Calvin Klein coat paying 250 dollars, while in Ecuador a woman has to pay almost 1000 dollars for getting the same piece of clothing. In brief, both the price of clothing and the cost of shoes are more accessible in the United States than in Ecuador. In conclusion, both Ecuador and the United States display certain differences in the cost of living but the most popular are the ones related to the rental price of an apartment and the cost of the clothes and shoes.
Saturday, January 4, 2020
A Taste Of Place Ant 300 Food And Culture - 1425 Words
A Taste of Place ANT 300: Food and Culture Mena Boyah In Amy Trubekââ¬â¢s ethnography A Taste of Place the recurring theme in this ethnography is the French word terroir. Terroir is a word that isnââ¬â¢t easily translatable but when it is translated it is simply: the complete natural environment in which a particular food is produced, the factors that affect this are soil, climate, and topography. Terroir in simpler terms is all about the locality of a particular farm, crop, or food dish. This locality is what The Common Ground Fair is all about. Even before we begin tasting the food that Maine has produced there are specific thoughts that come to mind when we think of Maine. For me those thoughts are: flannels, beards, Carharts, L.L. Bean but more specifically Bean Boots, Potatoes, Lobster, Trees and lots of them, and a particular form of hardiness and self reliance. All of these thoughts are important but the last one is probably the most, I say this because upon entering The Common Ground Fair all of these thought were present right in front of us. I mention a particular sense of self reliance because The Common Ground fair is the epicenter of selfreliance and rural life. The folks that attend this three day event usually pick out talks and classes that they wish to attend and fill their day with a full schedule to get the most out of the fair as possible. Upon entering theShow MoreRelatedGlobal Business Cultural Analysis: China Essay4992 Words à |à 20 PagesAnalysis: China Terry Lushbaugh BUSI 604 International Business Liberty University Abstract The following examines the nation of China and its trade relations with the world, particularly the United States. The focus is primarily on Chinaââ¬â¢s culture and how it impacts business dealings with other countries. Areas examined include: Religion, Management Philosophy, and Business Etiquette. Also discussed is Chinaââ¬â¢s growing status as a world super power and how that has impacted the global businessRead MoreNagpur6776 Words à |à 28 Pagesform of Gowari stampede deaths. Nagpur is a city with great capabilities to grow and prosper in the coming days. It is very important for State and Central Governments to contribute to the growth, development, prosperity of Nagpur. Nagpur completed 300 years of establishment in the year 2002. A big celebration was organised to mark the event. Climate : As it is located at centre of Indian peninsula far from the Bay of Bengal and the Arabian Sea, Nagpur has a tropical wet and dry climate (Kà ¶ppen climateRead MoreThe Philippine Architecture: Spanish Colonial Period18287 Words à |à 74 Pagesformation of our streets, houses, and groupings of each citizen were simply adopted from the Spaniards. Religion is the center of Spanish influence, which was adopted by the Filipinos. In most of Filipinosââ¬â¢ houses, there must exist an altar, a specific place where the Sto. Nià ±os and Saints were positioned. Through this influence, the space inside the typical house of a Filipino was added and later on became divided. In the building types, the main four classifications of each were the Military architectureRead MoreAn Introduction to Hydrophonics and Controlled Environment Agriculture40110 Words à |à 161 Pagesnutrient solution with every watering (water + mineral nutrients) with or without an aggregate medium to support the roots (aggregates include sand, gravel, perlite, rockwool, coco coir, etc.) THE ANCIENT PAST: Discoveries in agriculture from 600B.C. to 300 A.D. *600-500 B.C. ââ¬â The ââ¬Å"Hanging Gardens of Babylonâ⬠One of the seven wonders of the ancient world. Possibly one of the first examples of protected agriculture. Built by King Nebuchadnezzar II on the east bank of the Euphrates River in the middle ofRead MoreDesigning a Customer Driven Statergy23698 Words à |à 95 Pagessegments and targeting) and how (what positioning or value proposition). Dunkinââ¬â¢ and Starbucks target very different customers, who want very different things from their favorite coffee sho p. Starbucks is strongly positioned as a sort of high-brow ââ¬Å"third placeâ⬠ââ¬âoutside the home and officeââ¬âfeaturing couches, eclectic music, wireless Internet access, and art-splashed walls. Dunkinââ¬â¢ has a decidedly more low-brow, ââ¬Å"everymanâ⬠kind of positioning. With its makeover, Dunkinââ¬â¢ plans to move upscaleââ¬âa bit but notRead MoreIgbo Dictionary129408 Words à |à 518 Pagesnames and reformatted the headings. I have added additional etymologies where they were known to me and substituted updated scientific names. One orthographic change is the substitution of the more easily understood Ã
â¹ symbol for the velar nasal in place of the ââ¬Ënââ¬â¢ with ï⬠¤ superdot (n) in the manuscript. The photographs were inserted by the editor, deriving from fieldwork in Nigeria. I believe the ms. should be published in hard copy, but there are several reasons for not doing this at present. TheRead Morepreschool Essay46149 Words à |à 185 PagesChildren receive opportunities to draw inspiration from the environment and their experiences to create and to communicate through art, individually and with others. Art engages English learners and children whose home culture might be different from the preschool culture. Participation in the arts helps children develop language skills. The social context of arts activities supports English learners, who can participate as their language skills develop. Participation in visual arts, musicRead MoreMarketing Management130471 Words à |à 522 Pagesnormally considered as products and services, what is being marketed might include (a) ideas such as reducing air pollution or contributing to the red cross (b) people, such as new football coach or a political candidate and (c) places, such as industrial plant sites or a place to for a vocation. In a broad sense markets include more than the direct consumers of products services and ideas. Thus a state universityââ¬â¢s market includes the legislators who provide funds, the citizens living near the universityRead MoreStrategic Marketing Management337596 Words à |à 1351 Pagesemphasis to the organizational culture, but fails to provide guidance on which customers to serve and how to serve them. Equally, Druckerââ¬â¢s initial views failed to take explicit account of competitors and the discipline of profit in the analysis of product and market opportunity. It is because of this that customer orientat ion has been replaced with the broader concept of market orientation. Given this, we can see marketing operating at three levels: 1 Marketing as a culture, characterized by a set ofRead MoreContemporary Issues in Management Accounting211377 Words à |à 846 PagesSchool, Carnegie Mellon University, and London School of Economics. He has also served as a consultant to CONTRIBUTORS xiii several private and public organizations. Dr Gordonââ¬â¢s former Ph.D. students are currently faculty members at such places as Stanford University, Ohio State University, McGill University, University of Southern California, College of William and Mary, Michigan State University, and National Taiwan University. Allan Hansen is Assistant Professor at the Copenhagen Business
Thursday, December 26, 2019
DBQ Opium in China Essay examples - 1745 Words
DBQ: Opium in China While most of the Western Hemisphere was undergoing drastic advancements, such as former colonies gaining their independence and transforming into more modernized nations, a lot of mishaps were occurring in the Eastern Hemisphereââ¬âChina, specificallyââ¬âa nation that was notorious for its isolation from foreign influences. European nations began to greedily eye Chinaââ¬â¢s abundance of desirable resources, such as tea, porcelain, and silk. However, China had very little need or desire for European goods. In an attempt to resolve the trade imbalance Britain began importing opium into China, which would prove to be disastrous for the Chinese population. The dispute over the importation of the drug eventually led to theâ⬠¦show more contentâ⬠¦He acknowledges that the Queen was surely too kind-hearted to impose that sort of treatment on another country, especially seeing as how she made each ship that went to Canto carry a document that said, ââ¬Å"you shall not be p ermitted to carry contraband goodsâ⬠. Thus, the Queen did not openly allow the trade of opium to continue, but failed to enforce the law. He implores her to make sure that the laws of the central dynasty were not violated again (Document 2). The perspective being shown is from a Chinese man who does not use opium, for he sees it as only causing harm. Lin Zexu was the imperial commissioner who was originally assigned to stop the opium trade in Canton. He was fiercely opposed to the exchange of opium and his actions were considered to be a major catalyst for the start of the Opium War. The emperor wrote to Zexu, ââ¬Å"You have caused this war by your excessive zealâ⬠(Document 6). By 1839, war was imminent. The opium trade had caused the reversal of the silver deficit, now putting an economic strain on China, while Britainââ¬â¢s economy flourished from the profit they were making off the drug. Because it was being illegally imported, all of the money was going directly t o Britain instead of to the Chinese government in the form of taxes. This caused a severe economic decline in China as unemployment rose, agriculture declined, and funding for public improvements diminished. During a public meeting in Canton, an agreement
Wednesday, December 18, 2019
The Never-Ending Financial Crisis of 2008 - 614 Words
Since it began in 2008, the US has faced what is being called the ââ¬Å"great recession.â⬠It is 2013, and it is clear apparent that it is a ââ¬Å"recessionâ⬠longing to be cured. Through the works of Putnam, Sum et. al., Wisman, and Colander, we can better understand this crisis and look for the best way to get out of it. To begin, Robert Putnam describes what has occurred in the U.S. over the past several decades. He states that over the past several decades the U.S. has been subject to ââ¬Å"[an] economic and cultural [entanglement] a mixture of government, private sector, community and personal failingsâ⬠(Putnam 2013, III). Putnam believes that this financial crisis occurred as a result of layoffs, and many closings of businesses (Putnam 2013, 2). We can further this understanding by turning to Sum, et. al., who believed that the crisis occurred due to the blue-collar workers who have lost their jobs, and might never see those jobs again (Sum, et. al. 2010, 6). Our next economist to turn to is John D. Wisman. In his article he describes what he believes to be the cause of the crisis. He states that this recession occurred centered upon inadequate regulation stemming from laissez-faire ideology, and low interest rates (Wisman 2013, 921). He further points out that an underlying effect of wage stagnation and dramatically increasing inequality in the US over the past 35 years may also be a cause. Now to the guy who wrote our current textbook, Macroeconomics 9th Edition, whoShow MoreRelatedToo Big to Fail: The 2008 World Financial Crisis and Its Aftermath1779 Words à |à 7 Pagesï » ¿ Too big to fail: The 2008 world financial crisis and its aftermath The 2008 world financial crisis begin the banking and housing sector, but spread like a contagion through the entire economy. Many date the beginnings of the problems far back before 2008, back to the historically low interest rates put into place by the Federal Reserve in the wake of the last financial crisis. Interest rates plummeted after the dot.com boom and bust, followed by the attacks on the World Trade Center. ThisRead MoreLehman Brothers Case Study1703 Words à |à 7 Pagesthe United States was the 2008 Lehman Brotherââ¬â¢s case. A numerous amount of the general public lost their employment, while investors lost their money during this crisis. By the Lehman Brothers commercial real estate investments failing, they were not able to efficiently finance its operations. This was all because of the 2008 commercial mortgage financial disaster. In this research, I will use Assignments 1 research as the foundation to explain how the Lehman Brother crisis affects business, to gi veRead MoreFranks Explaination of the Main Characterstics in Obamas Inauguration Speech632 Words à |à 3 Pagesof American Civil Religion. He surmises Obama sets out to create a multi-religious and racial American culture; this deviates from conventional westernized philosophy, which espouses that propositions cannot be simultaneously true and differences never coincide. Rhetoric, in contrary, deals with soft oppositions and is debatable, offering leeway for identities to reconcile. Myths have explanatory power to highlight values and trigger listeners into action. Furthermore, Frank conceives Obamaââ¬â¢s experienceRead MoreQuestions On Mortgage Backed Securities And Credit Default Swaps1220 Words à |à 5 Pages Mortgage backed securities and credit default swaps are words we often hear in reference to the Great Recession of 2008. In this paper, I will be discussing and analyzing an analogy Tim Harford uses to discuss the probability of buying a carton of eggs with an egg having a double-yolk to what mortgage-backed securities and credit-default swaps meant and represented. In chapter 6 of the updated book, The Undercover Economist, a lady named Fiona Exon is mentioned. In early 2010 she bought halfRead MoreThe Greece Crisis : Tragedy Or Opportunity?811 Words à |à 4 PagesThe Greece Crisis ? Tragedy or Opportunity? Ram Subramonian (Buckeye Cohort), FT MBA ?17 How did Greece get into this difficult situation? Whose fault was it? Greece?s affair with the Euro began with huge hopes when it joined the multi-national currency zone in 2001. The, it went horribly wrong after that. At its core, the problems that face Greece today are to do with an economy reeling in debt and low productivity and in which, revenues don?t offset the massive piles of debt. So how did GreeceRead MoreDivided We Stand, United We Fall1496 Words à |à 6 PagesDivided we stand, United we fall The European Crisis has become a never-ending commotion, which has been affecting the countries in the Eurozone since early 2009. A Combination of complex factors, including the globalization and low interest rates, increased the capacity of the high-risk lending and borrowing practices. This creates a huge imbalance in International trade, and hence, the great recession took place from the time of 2007-2008 putting the European union under great pressure. ThisRead MoreHistory Of Lehman Brothers By Henry Lehman1054 Words à |à 5 Pagesbrokerage company distributing cotton. It opened offices in New York in 1858 and this gave the firm a stronger presence in the commodities trading, as well as it gave it a foothold in the financial community. During the construction of the railway, Lehman Brothers merged with Kuhn, Loeb Co and became the primary financial advisors and underwriters to the railroad industry. The company began financing emerging businesses such as airlines, o il and electric companies. Over its long existence, American ExpressRead MoreGreece Debt Crisis Analysis1434 Words à |à 6 PagesWhen global financial and economic downturn hit Europe in 2008, some of its debt-ridden and deficit-bearing states were utterly ill-prepared. Greece, especially, became the crisisââ¬â¢s first and most abject victim (Pappas, 2013). In 2009, the incoming Panhellenic Socialist Movement (PASOK) administration announced that the Greek government had been severely underreporting its deficit and debt. Both the domestic and international communities were at a loss at how to respond. Never before had the EurozoneRead MoreThe Relationship Between Economic And Urban Form1362 Words à |à 6 Pagessupposition that if each unit met or exceeded its plan, then the demands and the supply would balance out one another. Just like the Nazi invasion, the central planning system allowed the Soviet leaders to assemble resources quickly during the time of crisis and to reindustrialize the country during the post-war period. The Soviet Union became a superpower with the help of the gradual development of its defence and the industrial base after the war. The economic system of the Soviet was in place for sixRead MoreElizabeth Warren, The Country s Leading Financial Policy Experts1683 Words à |à 7 PagesElizabeth Warren, born Elizabeth Herring, is considered one of the countryââ¬â¢s leading financial policy experts. Warren fights for lower and middle class families and works to protect them from large corporations and financial institutions. Originally she attended George Washington University, but she dropped out of college after two years to marry and follow her husband to Texas, where she finished her degree in speech pathology (Biography.com, n.d.). While a mother of three and working as a speech
Tuesday, December 10, 2019
Depression Essay Example For Students
Depression Essay The Depression Imagine for a moment, waking up one day to find yourself on a dirty floor, a pile of rags, or maybe even the street. You look down at yourself to find youre wearing the same clothes you wore yesterday, except they are completely filthy and have lots of holes in places like the knees and elbows. You have no access to a mirror to show you what you look like so you go to touch you hair with your hand and find it to be a pile of grease and dirt that obviously hasnt been washed in days, maybe even weeks. Then they get ready and go to school. They are depressed about school. They go to all their classes. The end of the day is nearing and they may be depressed about having to go home. Their family life might be bad. They go home and what do you do? Sit down, watch television, play a video game, lock themselves in their room, or just going around being mad at everyone and their life. This really is the pits. They need to change their life whether it be changing their after school activity or changing their attitude. Depression is defined as a psychoneurotic or psychotic disorder marked especially by sadness, inactivity, difficulty in thinking and concentration, a significant increase or decrease in appetite and time spent sleeping, feelings of dejection and hopelessness, and sometimes suicidal tendencies. No two people feel or experience depression the same way. The symptoms and causes of depression are very different for everyone. Lawrence Clayton, Ph. D. and Sharon Carter write, The National Institute of Mental Health (NIMH) reported that for 4 to 10 percent of the American public at any given time the downer mood doesnt lift. They also reported that one quarter of the population would experience a major depressive period during their lifetime (8). One out of four people will have a problem with depression in the United States. NIMH also reported that approximately 4 out of a 100 teenagers get seriously depressed each year. Clinical Depression is a serious illness that can affect anybody, INCLUDING TEENAGERS (Lets Talk 1). Gerald D. Oster, Ph. D., Sarah S. Montgomery, MSW, write, Clinical depression refers to a condition marked by the changes in ones mood and by associated behaviors that range from a mild degree of sadness to intensely experienced feelings of hopelessness and suicidal thoughts (43). Did you know suicide is the second leading cause for death in teenagers? Suicidal thoughts, remarks, or attempts are ALWAYS SERIOUS. ..if any of there happen to you or a friend, you must tell a responsible adult IMMEDIATELY .. .its better to be safe than sorry (Lets Talk 3). According to a website called Depression.com Each year 250,000 teens attempt suicide, and 2,000 complete it. Since 1960, teen suicides have doubled. Girls are more likely to attempt suicide, but boys kill themselves four times more often, usually with guns (Depression 1). Suicide is not the answer. According to Lawrence Clayton, Ph. D. and Sharon Carter there are a lot of symptoms to depression: The symptoms to look for in yourself, or anyone you suspect may be depressed, are as follows: social withdrawal, lack of interest in usual activities, frequent tearfulness, unkempt appearance, belief that no one cares, feelings of hopelessness, beginning or increasing use of alcohol or other drugs, inappropriate feelings of guilt, pessimistic outlook, excessive anxiety, low self-esteem, inability to concentrate, excessive irritability, difficulty in making decisions, prolonged sadness, recurrent thoughts of death, desire for revenge, thoughts of suicide, sudden drop in grades or work performance, very high or low energy level, sleeping too much or not enough, loss of appetite or overeating, and confusion. They do not need to be experiencing all of these symptoms to have a problem. Experiencing any four is enough to warrant concern (9-10). Ancient Rome Essay There are many therapists willing to help; it is up to you to find a qualified and personable professional. Most teens feel a sense of relief after entering therapy and find it useful to be able to share personal feelings and secrets. Individual therapists come from a number of different theoretical perspectives, including psychodynamic and cognitive-behavioral. Most therapies are helpful to reduce present family tension and to enhance communication (128). Depression in teenagers in the United States has grown through the years. One out of four people today will have a problem with major depression. This number is high. If teens can understand what depression is and get help today then they can learn how to deal with depression. We may be able to bring down this high statistic.BibliographyClayton, Lawrence, Ph.D. and Sharon Carter. Coping with Depression. New York: The Rosen Publishing Group, Inc., 1995. Depression in Teens. Depression in Special Groups. November 17, 1999. http://www.depression. com/health _library/special_groups/special_01_teens.html. Lets Talk about Depression. Nation Institute of Mental Health. November 17, 1999. http://www.nimh.gov/ depression/genpop/letstalk. html. Oster, Gerald, Ph.D. and Sarah S. Montgomery, MSW. Helping Your Depressed Teenager. New York: John Wiley Sons, Inc., 1995.
Tuesday, December 3, 2019
Merrill Finch Inc. Essay Example
Merrill Finch Inc. Essay MERRILL FINCH INC. RISK AND RETURN a. (1)Why is T-billââ¬â¢s return independent of the state of the economy? Do T-billââ¬â¢s promise a completely risk-free return? Explain (2)Why are High Techââ¬â¢s returns expected to move with the economy, whereas, Collectionsââ¬â¢ are expected to move counter to the economy? 1. The 5. 5% T-bill return does not depend on the state of the economy because the Treasury must redeem the bills at par regardless of the state of the economy; therefore, T-bills are risk-free in the default risk sense because the 5. % return will be realized in all possible economic states. Consequently, this return is composed of the real risk-free rate, (i. e. 3%, plus an inflation premium, say 2. 5%). As the economy is full of uncertainty about inflation, it is unlikely that the realized real rate of return would equal the expected 3%. For example, if inflation averaged 3. 5% over the year, then the realized real return would only be 5. 5% ââ¬â 3. 5% = 2%, not the expected 3%. To simplify matters, in terms of purchasing power, T-bills are not riskless. Investors are fully aware of the changes within a portfolio of T-bills, and as rates declined, the nominal income will fall; and T-bills are exposed to reinvestment rate risk. In summary, it is concluded that there are no truly risk-free securities within the United States. If the Treasury sold inflation-indexed, tax-exempt bonds, they would be truly riskless, but all actual securities are exposed to some type of risk. 2. High Techââ¬â¢s returns move with, hence are positively correlated with, the economy, because the firmââ¬â¢s sales, and hence profits, will generally experience the same type of difficulties as the economy. We will write a custom essay sample on Merrill Finch Inc. specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Merrill Finch Inc. specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Merrill Finch Inc. specifically for you FOR ONLY $16.38 $13.9/page Hire Writer If the economy is booming, so will High Tech. On the other hand, Collections is considered by many investors to be a hedge against bad times and high inflation, so if the stock market crashes, investors in this stock should do relatively well. Stocks such as Collections are thus negatively correlated with the economy. b. Calculate the expected rate of return on each alternative and dill in the blanks on the row for in the previous table. The expected rate of return is expressed as follows: . Here Pi is the probability of occurrence of the state, ri is the estimated rate of return for that state, and N is the number of states. Here is the calculation for High Tech: High Tech= 0. 1(-27. 0%) + 0. 2(-7. 0%) + 0. 4(15. 0%) + 0. 2(30. 0%) + 0. 1(45. 0%) = 12. 4%. We use the same formula to calculate rââ¬â¢s for the other alternatives: T-bills= 5. 5%. Collections= 1. 0%. U. S. Rubber= 9. 8%. M= 10. 5%. c. You should recognize that basing a decision solely on expected returns is appropriate only for risk-neutral individuals. Because your client, like most people, is risk-averse, the riskiness of each alternative is an important aspect of the decision. One possible measure of risk is the standard deviation of returns. 1) Calculate this value for each alternative and fill in the blank on the row for in the table. (2) What type of risk is measured by the standard deviation? (3) Draw a graph that shows roughly the shape of the probability distributions for High Tech, U. S. Rubber, and T-bills. 1. The standard deviation is calculated as follows: = . High Tech= [(-27. 0 ââ¬â 12. 4)2(0. 1) + (-7. 0 ââ¬â 12. 4 )2(0. 2) + (15. 0 ââ¬â 12. 4)2(0. 4) + (30. 0 ââ¬â 12. 4)2(0. 2) + (45. 0 ââ¬â 12. 4)2(0. 1)] ? = = 20. 0%. Here are the standard deviations for the other alternatives: T-bills= 0. 0%. Collections= 13. 2%. U. S. Rubber= 18. 8%. M= 15. 2%. 2. The standard deviation is a measure of a securityââ¬â¢s stand-alone risk. The larger the standard deviation, the higher the probability that actual realized returns will fall far below the expected return, and that losses rather than profits will be incurred. 3. The data provided the most risky investment is High Tech and the least risky are T-bills. d. Suppose you suddenly remembered that the coefficient of variation (CV) is generally regarded as being a better measure of stand-alone risk than the standard deviation when the alternative being considered has widely differing expected returns. Calculate the missing CVs and fill in the blanks on the row for CV in the table. Does the CV produce the same risk rankings as the standard deviation? Explain The coefficient of variation (CV) is a standardized measure of dispersion about the expected value; it shows the amount of risk per unit of return. CV= /. CVT-bills= 0. 0%/5. 5% = 0. 0. CVHigh Tech= 20. 0%/12. 4% = 1. 6. CVCollections= 13. 2%/1. 0% = 13. 2. CVU. S. Rubber= 18. 8%/9. 8% = 1. 9. CVM= 15. 2%/10. 5% = 1. 4. When we measure risk per unit of return, Collections, with its low expected return, becomes the most risky stock. The CV is a better measure of an assetââ¬â¢s stand-alone risk than because CV considers both the expected value and the dispersion of a distributionââ¬âa security with a low expected return and a low standard deviation could have a higher chance of a loss than one with a high but a high . e. Suppose you created a two-stock portfolio by investing $50,000 in High Tech and $50,000 in Collections. (1) Calculate the expected return (rp), the standard deviation (p), and the coefficient of variation (CVp) for this portfolio and fill in the appropriate blanks in the table. 2) How does the riskiness of this two-stock portfolio compare with the riskiness of the individual stocks if they were held in isolation? 1. To find the expected rate of return on the two-stock portfolio, we first calculate the rate of return on the portfolio in each state of the economy. Since we have half of our money in each stock, the portfolioââ¬â¢s return will be a weighted average in each type of economy. For a recession, we have: rp = 0. 5(-27%) + 0. 5(27%) = 0%. We would do similar calculations for the other states of the economy, and get these results: State| | Portfolio| Recession| | 0. 0%| Below average| | 3. 0| Average| | 7. 5| Above average| | 9. 5| Boom| | 12. 0| Now we can multiply the probability times the outcome in each state to get the expected return on this two-stock portfolio, 6. 7%. Alternatively, we could apply this formula, r = wi ri = 0. 5(12. 4%) + 0. 5(1. 0%) = 6. 7%, which finds r as the weighted average of the expected returns of the individual securities in the portfolio. It is tempting to find the standard deviation of the portfolio as the weighted average of the standard deviations of the individual securities, as follows: p wi(i) + wj(j) = 0. 5(20%) + 0. 5(13. 2%) = 16. %. However, this is not correctââ¬âit is necessary to use a different formula, the one for that we used earlier, applied to the two-stock portfolioââ¬â¢s returns. The portfolioââ¬â¢s depends jointly on each securityââ¬â¢s and the correlation between the securitiesââ¬â¢ returns. The best way to approach the problem is to estimate the portfolioââ¬â¢s risk and retu rn in each state of the economy, and then to estimate p with the formula. Given the distribution of returns for the portfolio, we can calculate the portfolios and CV as shown below: p = [(0. 0 ââ¬â 6. 7)2(0. 1) + (3. 0 ââ¬â 6. 7)2(0. 2) + (7. 5 ââ¬â 6. 7)2(0. 4) + (9. 6. 7)2(0. 2) + (12. 0 ââ¬â 6. 7)2(0. 1)]? = 3. 4%. CVp = 3. 4%/6. 7% = 0. 51. 2. Using either or CV as our stand-alone risk measure, the stand-alone risk of the portfolio is significantly less than the stand-alone risk of the individual stocks. This is because the two stocks are negatively correlatedââ¬âwhen High Tech is doing poorly, Collections is doing well, and vice versa. Combining the two stocks diversifies away some of the risk inherent in each stock if it were held in isolation, i. e. , in a 1-stock portfolio. f. Suppose an investor starts with a portfolio consisting of one randomly selected stock. What would happen: (1) To the riskiness and to the expected return of the portfolio as more randomly selected stocks were added to the portfolio? (2) What is the implication for investors? Draw a graph of the two portfolios to illustrate your answer. 1. The standard deviation gets smaller as more stocks are combined in the portfolio, while rp remains constant. Thus, by adding stocks to your portfolio, which initially started as a 1-stock portfolio, risk has been reduced. In the real world, stocks are positively correlated with one anotherââ¬âif the economy does well, so do stocks in general, and vice versa. Correlation coefficients between stocks generally range in the vicinity of +0. 35. A single stock selected at random would on average have a standard deviation of about 35%. As additional stocks are added to the portfolio, the portfolioââ¬â¢s standard deviation decreases because the added stocks are not perfectly positively correlated. However, as more and more stocks are added, each new stock has less of a risk-reducing impact, and eventually adding additional stocks has virtually no effect on the portfolioââ¬â¢s risk as measured by . In fact, stabilizes at about 20% when 40 or more randomly selected stocks are added. Thus, by combining stocks into well-diversified portfolios, investors can eliminate almost one-half the riskiness of holding individual stocks. The implication is clear: Investors should hold well-diversified portfolios of stocks rather than individual stocks. By doing so, they can eliminate about half of the riskiness inherent in individual stocks. 2. g. Should the effects of a portfolio impact the way investors think about the riskiness of individual stocks? If you decided to hold a 1-stock portfolio (and consequently were exposed to more risk than diversified investors were), could you expect to be compensated for all your risk; that is, could you earn a risk premium on the part of your risk that you could have eliminated by diversifying? 1. Portfolio diversification does affect investorsââ¬â¢ views of risk. A stockââ¬â¢s stand-alone risk as measured by its or CV, may be important to an undiversified investor, but it is not relevant to a well-diversified investor. A rational, risk-averse investor is more interested in the impact that the stock has on the riskiness of his or her portfolio than on the stockââ¬â¢s stand-alone risk. Stand-alone risk is composed of diversifiable risk, which can be eliminated by holding the stock in a well-diversified portfolio, and the risk that remains is called market risk because it is present even when the entire market portfolio is held. 2. If you hold a one-stock portfolio, you will be exposed to a high degree of risk, but you will not be compensated for it. If the return were high enough to compensate you for your high risk, it would be a bargain for more rational, diversified investors. They would start buying it, and these buy orders would drive the price up and the return down. Thus, you simply could not find stocks in the market with returns high enough to compensate you for the stockââ¬â¢s diversifiable risk. h. The expected rates of return and the beta coefficients of the alternatives supplied by Merrill Finchââ¬â¢s computer program are as follows: SecurityReturn ()Risk (Beta) High Tech12. 4%1. 32 Market10. 51. 00 U. S. Rubber 9. 80. 88 T-bills 5. 50. 00 Collections 1. 0(0. 87) 1) What is a beta coefficient, and how are betas used in risk analysis? (2) Do the expected returns appear to be related to each alternativeââ¬â¢s market risk? (3) Is it possible to choose among the alternatives on the basis of the information developed thus far? Use the data given at the start of the program to construct a graph that shows how the T-billââ¬â¢s, High Techs, and the marketââ¬â¢s beta collections are calculated. Then discuss what betas measure and how they are used in risk analysis. 1. (Draw the framework of the graph, put up the data, then plot the points for the market (45 line) and connect them, and then get the slope as Y/X = 1. . ) State that an average stock, by definition, moves with the market. Then do the same with High Tech and Tbills. Beta coefficients measure the relative volatility of a given stock vis-a-vis an average stock. The average stockââ¬â¢s beta is 1. 0. Most stocks have betas in the range of 0. 5 to 1. 5. Theoretically, betas can be negative, but in the real world, they are generally positive. Betas are calculated as the slope of the ââ¬Å"characteristicâ⬠line, which is the regression line showing the relationship between a given stock and the general stock market. As explained in Web Appendix 8A, we could estimate the slopes, and then use the slopes as the betas. In practice, 5 years of monthly data, with 60 observations, would generally be used, and a computer would be used to obtain a least squares regression line. 2. The expected returns are related to each alternativeââ¬â¢s market riskââ¬âthat is, the higher the alternatives rate of return the higher its beta. Also, note that T-bills have zero risk. 3. We do not yet have enough information to choose among the various alternatives. We need to know the required rates of return on these alternatives and compare them with their expected returns. . The yield curve is currently flat; that is, long-term Treasury bonds also have a 5. 5% yield. Consequently, Merrill Finch assumes that the risk-free rate is 5. 5%. (1) Write out Security Market Line (SML) equation, use it to calculate the required rate of return on each alternative, and graph the relationship between the expected and required rates of return. (2) How do the expected rates of return compare with the required rates of return? (3) Does the fact that Collections has an expected return that is less than the T-bill rate make any sense? Explain (4) What would be the market and the required return of a 50-50 portfolio of High Tech and Collections? Of High Tech and U. S. Rubber? 1. Here is the SML equation: ri = rRF + (rM ââ¬â rRF)bi. Merrill Finch has estimated the risk-free rate to be rRF = 5. 5%. Further, our estimate of rM = M is 10. 5%. Thus, the required rates of return for the alternatives are as follows: High Tech:5. 5% + (10. 5% ââ¬â 5. 5%)1. 32 = 12. 10%. Market:5. 5% + (10. 5% ââ¬â 5. 5%)1. 00 = 10. 50%. U. S. Rubber:5. 5% + (10. 5% ââ¬â 5. 5%)0. 88 = 9. 90%. T-bills:5. 5% + (10. 5% ââ¬â 5. 5%)0 = 5. 50%. Collections:5. 5% + (10. 5% ââ¬â 5. %)-0. 87 = 1. 15%. 2. We have the following relationships: ExpectedRequired ReturnReturn Security ()(r)Condition High Tech12. 4%12. 1%Undervalued: gt; r Market10. 510. 5Fairly valued (market equilibrium) U. S. Rubber9. 89. 9Overvalued: r gt; T-bills5. 55. 5Fairly valued Collections1. 01. 2Overvalued: r gt; The T-bills and market portfolio plot on the SML, High Tech plots above it, and Collections and U. S. Rubber plot below it. Thus, the T-bills and the market portfolio promise a fair return, High Tech is a good deal because its expected return is above its required return, and Collections and U. S. Rubber have expected returns below their required returns. 3. Collections are an interesting stock. Its negative beta indicates negative market riskââ¬âincluding it in a portfolio of ââ¬Å"normalâ⬠stocks will lower the portfolioââ¬â¢s risk. Therefore, its required rate of return is below the risk-free rate. This means that Collections is a valuable security to rational, well-diversified investors. To see why, consider this question: Would any rational investor ever make an investment that has a negative expected return? The answer is ââ¬Å"yesâ⬠ââ¬âjust thinks of the purchase of a life or fire insurance policy. The fire insurance policy has a negative expected return because of commissions and insurance company profits, but businesses buy fire insurance because they pay off at a time when normal operations are in bad shape. Life insurance is similarââ¬âit has a high return when work income ceases. A negative-beta stock is conceptually similar to an insurance policy. 4. Note that the beta of a portfolio is simply the weighted average of the betas of the stocks in the portfolio. Thus, the beta of a portfolio with 50% High Tech and 50% Collections is: . bp= 0. 5(bHigh Tech) + 0. (bCollections) = 0. 5(1. 32) + 0. 5(ââ¬â0. 87) = 0. 225, rp = rRF + (rM ââ¬â rRF)bp= 5. 5% + (10. 5% ââ¬â 5. 5%)(0. 225) = 5. 5% + 5%(0. 225) = 6. 63% 6. 6%. For a portfolio consisting of 50% High Tech plus 50% U. S. Rubber, the required return would be: bp = 0. 5(1. 32) + 0. 5(0. 88) = 1. 10. rp = 5. 5% + 5%(1. 10) = 11. 00%. j. Suppose investors raised their inflation expectations by 3 percentage poin ts over current estimates as reflected in the 5. 5% risk-free rate. What effect would higher inflation have on the SML and on the returns required on high-and low-risk securities Suppose instead that investorsââ¬â¢ risk aversion increased enough to cause the market risk premium to increase by 3 percentage points. (Inflation remains constant. ) What effect would this have on the SML and on returns of high-and low-risk securities? Here we have plotted the SML for betas ranging from 0 to 2. 0. The base-case SML is based on rRF = 5. 5% and rM = 10. 5%. If inflation expectations increase by 3 percentage points, with no change in risk aversion, then the entire SML is shifted upward (parallel to the base case SML) by 3 percentage points. Now, rRF = 8. 5%, rM = 13. 5%, and all securitiesââ¬â¢ required returns rise by 3 percentage points. Note that the market risk premium, rM ââ¬â rRF, remains at 5 percentage points. When investorsââ¬â¢ risk aversion increases, the SML is rotated upward about the Y-intercept (rRF). rRF remains at 5. 5%, but now rM increases to 13. 5%, so the market risk premium increases to 8%. The required rate of return will rise sharply on high-risk (high-beta) stocks, but not much on low-beta securities.
Wednesday, November 27, 2019
ACT Writing Prompts The Complete Guide
ACT Writing Prompts The Complete Guide SAT / ACT Prep Online Guides and Tips It's pretty scary to walk into a room on ACT test day and with no idea what the essay question you're about to answer is about. Luckily, you don't need to know- the ACT essay prompts only ask about a teensy, tiny category of ideas. And the best part is, you already know all about the topics! Keep reading to see sample ACT Writing prompts you can practice with. More importantly, we also teach you how to gather evidence before the test so you can walk in 100% prepared to answer any prompt they give you. 7 Sample ACT Essay Prompts The idea behind the ACT essay is that it's a fair test of everyone's writing ability because nobody knows the topic or question before the test. In order for this to be true, the ACT actually has to choose from a pretty small sliver of questions (since the topics must be broad enough that all test takers can write about them). See for yourself: here are the three free and publicly available official ACT Writing prompts. Do you notice any common threads? 1. Intelligent Machines (source: ACT.org ) Many of the goods and services we depend on daily are now supplied by intelligent, automated machines rather than human beings. Robots build cars and other goods on assembly lines, where once there were human workers. Many of our phone conversations are now conducted not with people but with sophisticated technologies. We can now buy goods at a variety of stores without the help of a human cashier. Automation is generally seen as a sign of progress, but what is lost when we replace humans with machines? Given the accelerating variety and prevalence of intelligent machines, it is worth examining the implications and meaning of their presence in our lives.Perspective One: What we lose with the replacement of people by machines is some part of our own humanity. Even our mundane daily encounters no longer require from us basic courtesy, respect, and tolerance for other people. Perspective Two: Machines are good at low-skill, repetitive jobs, and at high-speed, extremely precise jobs. In both cases they work better than humans. This efficiency leads to a more prosperous and progressive world for everyone. Perspective Three: Intelligent machines challenge our long-standing ideas about what humans are or can be. This is good because it pushes both humans and machines toward new, unimagined possibilities. Write a unified, coherent essay about the increasing presence of intelligent machines. 2. Public Health and Individual Freedom (source: ACT.org ) Most people want to be healthy, and most people want as much freedom as possible to do the things they want. Unfortunately, these two desires sometimes conflict. For example, smoking is prohibited from most public places, which restricts the freedom of some individuals for the sake of the health of others. Likewise, car emissions are regulated in many areas in order to reduce pollution and its health risks to others, which in turn restricts some peopleââ¬â¢s freedom to drive the vehicles they want. In a society that values both health and freedom, how do we best balance the two? How should we think about conflicts between public health and individual freedom?Perspective One: Our society should strive to achieve the greatest good for the greatest number of people. When the freedom of the individual interferes with that principle, freedom must be restricted.Perspective Two: Nothing in society is more valuable than freedom. Perhaps physical health is sometimes improved by restricting freedom, but the cost to the health of our free society is far too great to justify it.Perspective Three: The right to avoid health risks is a freedom, too. When we allow individual behavior to endanger others, weââ¬â¢ve damaged both freedom and health.Write a unified, coherent essay about the conflict between public health and individual freedom. 3. Kid Stuff (source: ACT.org ) Toys are for children, right? Not anymore. In recent years, things that used to be considered "kid stuff" have grown in popularity among grownups. Nowadays, adults regularly play video games, watch animated movies and television show, purchase dolls and other collectible figures, and read comic books for their own enjoyment. Is adult enjoyment of children's entertainment merely a sign of immaturity? In what ways can playing with kid stuff change the way adults understand today's youth? Given that toys, games, and publications that used to be exclusively for children are growing in popularity among adults, it is worth considering the effects and implications of this trend.Perspective One: It's good for adults to be familiar with kid stuff. They'll understand the lives of children better and be more responsive to their needs, interests, and problems.Perspective Two: Adults need to be models of maturity and responsibility. When they act and think like children, kids have no one to look to for guidance.Perspective Three: Children need their own cultural space- their own books, their own toys, their own movies- in which to explore their ideas. When adults start to take over the space, kids lose out.Write a unified, coherent essay about the trend of adults playing with kid stuff. Here are four other prompts that I have constructed, based on the core question and core perspectives I extracted from the official prompts (if you're curious about how I constructed these prompts, check out our article on how to attack ACT Writing prompts): 4. Globalization Many of the goods and services we depend on daily have global sources. Where once you might speak with a customer service representative from across the country about your computer problems, your call now would most likely be routed across the world. In one grocery store, it can be possible to find a mixture of foods from multiple continents. Various pieces of culture can be instantaneously broadcast around the world via the Internet, enabling shared experiences among people of disparate geographic origins. Globalization is generally seen as a sign of progress, but what happens when we replace local interactions with global ones? Given the accelerating rate of globalization, it is worth examining the implications and meaning of its presence in our lives.Perspective One: Globalization requires a shift in the way we think about other people, other societies, and the world. This is good, because it will push humanity towards previously unimaginable possibilities and achievements.Perspec tive Two: Removing geographic boundaries from commerce means that the right people can be chosen for the right jobs at the right price. This efficiency leads to a more prosperous and progressive world for everyone. Perspective Three: The flourishing of a new, global society comes at the cost of local cultures. Less diversity leads to deficits in empathy and creativity, two of the most defining characteristics of humanity.Write a unified, coherent essay about the increasing presence of globalization. 5. Information Accessibility At this moment in time, there is more information more readily available to more people than ever before. Smartphones can instantly provide directions to your destination, when even 10 years ago you had to look up directions before you left and/or bring along a map. Researchers from all over the world are able to pool their knowledge to advance their fields more quickly. Many libraries have broadened their collections to include subscriptions to online/electronic databases as well as printed works. Greater access to information is generally seen as a positive advance, but what are the consequences of making so much knowledge available to so many people? Based upon the ever-increasing amount of information in the world and the ever-broader access to it, it is worth examining the implications and meaning of easy access to information in our lives.Perspective One: With increased ease of access to information, we lose the incentive to gain knowledge ourselves. By outsourcing our memories of facts and other information, we are becoming less intelligent.Perspective Two: Greater access to information allows us to avoid memorizing facts and, instead, use our brains for higher-level thinking. This efficiency leads to a more prosperous and progressive world for everyone. Perspective Three: The more people who have access to more information, the greater the chances of collaboration and thus further advances in human knowledge. This is good because it pushes us toward new, unimagined possibilities.Write a unified, coherent essay about the increasing accessibility of information. 6. Novelty In the world today, newness is highly valued. Social media apps constantly update to make sure youââ¬â¢re shown the newest information or posts from those you follow. Many of the products we purchase today are purposefully created with short lifespans to encourage consumers to continue to get the newest, up-to-date versions. Subscription services for music and video make it possible to continuously listen to and watch new media. Novelty is generally seen as a positive characteristic, but what are we losing by constantly focusing on the new? Given its increasing prevalence, it is worth examining the implications and meaning of the growing emphasis on novelty in our lives.Perspective One: Change is the only constant in life, and to ignore this is to grow rigid and stagnate. More exposure to new ideas and ways of thinking can only lead to progress for society and for humanity as a whole.Perspective Two: By exclusively focusing on the new, we lose sight of what we already know. Instea d of ignoring the old, we should be focusing more past accomplishments and errors. The only way to move forward is to heed the lessons of the past.Perspective Three: Information, products, and ways of thinking should only be valued if they are useful and reliable, not just because they are new and exciting. New does not automatically equal improved.Write a unified, coherent essay about the increasing value assigned to novelty. 7. Job Changes Fewer and fewer people are staying with the same job their entire lives. In the United States, the average person will switch jobs more than 10 times in over the course of his/her life. Some workers will make lateral, or even downward, moves in order to increase personal fulfillment. Others switch jobs in an effort to obtain the highest possible salary. Increasing personal autonomy is generally seen as a sign of progress, but what happens when length of experience is replaced with variety of experience? As the number of jobs people will hold over the course of their lives continues to climb, it is important to examine the implications and meaning of this trend for our lives.Perspective One: Because jobs are no longer a lifetime commitment, people will feel freer to accept a greater variety of positions. This increase in breadth of experience will in turn make job applicants more attractive to future employers. Perspective Two: As the frequency with which people change jobs increases, the loyalty of people to their employers will decrease. This in turn will lead to more fractured company cultures, as employees will only care about whatââ¬â¢s best for them.Perspective Three: The disappearance of the stigma associated with frequent job switching will allow employees more leeway with employment decisions. Increased autonomy will lead to increased happiness and job satisfaction.Write a unified, coherent essay about the increasing frequency with which people switch jobs. For additional Writing Prompts to practice with, you also might want to consider purchasing the most recent Official ACT Prep Guide, which includes five additional official essay prompts. While you'll see many different topics asked about on the ACT essay section, there is in fact only one ACT Writing Prompt (and three types of perspectives) you have to know. We call these the Core Question and Core Perspectives. This question (and these perspectives) will run through each and every ACT Essay prompt you'll get. The Reasoning Behind The Core Question As you can see, all the ACT writing prompts are about how the world (and the people in it) is (are) changing. All of them boil down to the following question: "What are your views on how humans are changing the world?" or, even more broadly, "What do you think about the way the world is changing?" The ACT frames its prompts this way because ACT, Inc. wants to choose essay topics that all students can have an opinion on, rather than asking about something extremely specific for which some students are more prepared than others. First Global Image from VIIRS by NASA Goddard Space Flight Center, used under CC BY 2.0/Resized from original. Read through the two official prompts again (above). Rather than asking about high school life (as the old ACT Writing prompts did), the current ACT essay prompts ask students to consider how changes in the world today affect all humanity, forcing the students to place the issue in a broader context. While the topics may appear to be highly specific at first glance (e.g. "intelligent machines"), the explanatory paragraphs for each prompt make it clear that the topics can be parlayed in a number of different directions (and be accessible to most people). There won't be prompts about issues that mainly affect urban dwellers (e.g. subways), or only affect certain geographic areas (e.g. snow preparedness). Similarly, something like "smartphones," for instance, would never be a topic on its own; rather, it would be an example that could be used for the topic (as with the "intelligent machines" prompt). When writing the ACT essay, it really helps to have strong opinions about the core question ("What do you think about the way humans are changing the world?"), but if you don't, no problem: it's easy to develop opinions! And we're here to give you a head start. In the next section, we're going to give you three basic opinions related to the core ACT essay question. We'll show you how to apply these perspectives to specific prompts and tell you where you can find examples to support them. The Reasoning Behind The Core Perspectives The new ACT prompt has three different perspectives that you need to discuss during the course of your essay. To figure out the three core perspectives, I read and re-read the perspectives for all three of the official prompts, considering them in light of the informational paragraphs that preceded them. I ended up with these three basic opinions: Core Perspective A: The changes caused by [Prompt topic] are not good and have negative results. This perspective maps onto Perspective 1 of the first official ACT sample prompt above, Perspective 2 of the second official sample prompt, and Perspective 3 of the third official sample prompt. My nickname for this position is "conservatism," since this perspective wishes to be conservative and not change things. Core Perspective B: The changes caused by [Prompt topic] will lead to greater (in)efficiency. This perspective maps onto Perspective 2of the first official ACT sample prompt above, Perspective 1 of the second official sample prompt, and Perspective 2 of the third official sample prompt. My nickname for this position is "utilitarianism," since this perspective is all about what will be more practical and lead to the greatest good for the greatest number of people (this is even explicitly spelled out in Perspective 1 of the second official sample prompt). Core Perspective C: The changes caused by [Prompt topic] will yield positive future results because it will lead to improvements for all humanity. This perspective maps onto Perspective 3 of the first official ACT sample prompt above, Perspective 3 of the second official sample prompt, and Perspective 1 of the third official sample prompt. My nickname for this position is "progressivism," since this perspective argues that change = progress = good. Building a Support Bank Now you know that the ACT essay will only ever ask you to discuss one question: "How is the world changing?" If you prepare for this question with diverse evidence before the test, you'll be ready to answer the prompt no matter what it is. To give yourself the most time to write and organize your argument, your thesis should match up with one of the three perspectives given- that way, you won't have to take the time come up with a fourth, completely new perspective and compare it to at least one the three perspectives the ACT provides. But it gets better! The internet (and society in general) is chock-full of theories and arguments about how the world is changing, and whether or not that's a good thing. All you have to do is read up on some of them and develop your own opinions. Opinions on the World Your ACT essay thesis should basically be one of the three perspectives, but you have to support that opinion with evidence- the answer to the question "why?" (or "why not"?). Look over these sets of three opinions and try to think of reasons or examples to support each. The world is changing to be worse than it was before. (because...) The world is changing to be better than it was before. (because...) The world is changing to be more (in)efficient than ever before. (because...) Research and Brainstorming Ideas Unlike with the SAT essay, you can use abstract reasoning to develop your point on the ACT. This means that you don't necessarily have to come to the test pre-loaded with specific examples: if you can't think of a concrete example that will support your point, you can make one up as you go along while constructing your argument. Now we'll look over a few sample internet resources that could serve as support (or brainstorming assistance) for the opinions above. You can use the general ideas from these resources, but you may also find some useful specific examples for when you face your real ACT Writing prompt. News sources such as the New York Times, Washington Post, LA Times, Al Jazeera, Time, The Atlantic, Slate, The Economist, Wired, New York Magazine, Popular Science, Psychology Today, Vox, Mic, and even Buzzfeed News will have information about current events that you can use. If you prefer listening/watching the news, you can always try that as a source of current events information as well watching or listening to television, radio, or podcasts. How Do I Use This Article? Just knowing what the ACT Writing prompts are likely to be about may lead you to think about the way you interact with the world somewhat differently. Keep your eyes peeled and your ears open for anything that could be fodder to answer a question about the way the world is changing- anything you learn about in history/social studies, read/hear about in the news, or even encounter in a futuristic novel can be added to your support bank. But, of course, the more effective way to use the information in this article is to practice both planning and writing ACT essays. We have another article with ACT essay tips, which can give you more information on how to practice the actual writing process, but knowing about the prompt types can get you thinking about your own opinions on how the world is changing. After all, you're being asked about this because you have a lot of experience with it, living in the world as you do (unless you are a ghost and don't live in this world, in which case, why are you taking the ACT?). So, using the prompts at the beginning of this article, or another group of questions about issues having to do with change (some items on this list of debate topics, for example), start planning hypothetical writing ACT essay responses. Try reading our step-by-step ACT essay example if you're stumped about where to begin. For each issue, planning involves picking a side, supporting it with one to two reasons or examples, and deciding how to discuss at least one of the other given perspectives in relation to the one you've picked (including arguments both for and against the other perspectives). If you really want to max out your ACT essay score, you should practice planning essays about how the world is changing until you can do it in 8-10 minutes reliably. If you're curious about where that 8-10 minute estimate comes from, check out our ACT essay tips article. What's Next? Check out our comprehensive collection of ACT Writing guides, including a detailed analysis ofthe ACT Writing Rubric that includes explanations and strategies and our explanation of the differences between the old and new ACT Writing Test. Find out how to get a perfect score on ACT Writing. Follow along as I construct a top-scoring essay step-by-step, or check out our list of tips to raise your ACT Writing score. Want to improve your ACT score by 4 points? Check out our best-in-class online ACT prep classes. We guarantee your money back if you don't improve your ACT score by 4 points or more. Our classes are entirely online, and they're taught by ACT experts. If you liked this article, you'll love our classes. Along with expert-led classes, you'll get personalized homework with thousands of practice problems organized by individual skills so you learn most effectively. We'll also give you a step-by-step, custom program to follow so you'll never be confused about what to study next. 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