Saturday, August 31, 2019

An Imagery Example in Huckelberry Finn Essay

IMAGERY: Imagery is a description in a work of literature that can be created through the natural senses of the human body, including visual, auditory, olfactory, and tactile elements. EXAMPLE: â€Å"I never felt easy till the raft was two mile below there and out in the middle of the Mississippi†¦ I was powerful glad to get away from the feuds†¦ we said there warn’t no home like a raft, after all. Other places seem so cramped up and smothery, but a raft don’t. You feel mighty free and easy and comfortable on a raft.† (128) Twain, Mark. _The Adventures of Huckleberry Finn._ New York: Penguin Books, 2003. Print. FUNCTION: The Adventures of Huckleberry Finn is about a young boy who runs away from his hometown and society and decides to travel down the Mississippi River with Jim, a slave who becomes his travelling companion along the way. In the example above, Huck is talking about a shooting that goes down between two families that are involved in a feud. While this is just one example, it represents almost every other event that occurred on land versus on the river. When Mark Twain wrote this novel, his goal was to get the message across to his audience using the journey of a young boy travelling down the Mississippi. The entire book is filled with details that help the reader visualize Huckleberry’s journey and set the mood for each scene. Through imagery, the mood is set and as the readers, we can see a vast difference between Huckleberry’s experiences on land, and Huckleberry’s experiences on the river. In other words, as the story progresses, we realize that Huck’s experiences on land represent all of the wrongs of  society, while his experiences travelling down the river represent the way Huck wants to live, wild and free. Without Twain’s excessive use of imagery, we the readers would not be able to picture their experiences well enough to notice the vast difference in-between the two.

Friday, August 30, 2019

Sigmund Freud and Freud Hank

Fardad Muhammad Baig 2014-02-0338 Personality Theories Uzma Mazhar 1) What personality (or character) type does Hank display according to Freudian theory? Provide evidence for your answer. At what stage is Hank fixated, according to the Freudian perspective? Find evidence of fixation in the case study. What might have caused this fixation? According to Freud Hank’s displays the Oral Aggressive personality type. This personality type is characterized by envy, manipulation of others, and suspiciousness. ‘Oral aggressive’ people are often perceived as envious, pessimistic, cynical, sarcastic, scornful and contemptuous.Hank perceives others as shallow and is sarcastic about others. Hank is fixated at the oral stage. Orally-fixated people often seek gratification through smoking, thumb-sucking, nail-biting and chewing objects like pens and pencils. Hanks resort to smoking and eating when he is stressed. This fixation occurs as a result of his mother’s overprotec tiveness. His mother used to fulfill his needs instantly. This resulted in his habit of instant gratification which could not be fulfilled later in life. His mother use to shut him up with cookies.This is me was a clean sign that he had dependency issue towards his mother. The mother did not discipline her son which can lead him to have unbalance state of mind. After reading the case study, I believe the mother is part to blame for Hank’s fixation because he was spoiled into a self-centered person, without him even noticing. 2) Would Freudian theory describe Hank's eating and argumentative behaviors as being internally or externally motivated? Explain the motivation. Freudian Theory will describe Hank’s eating and argumentative behaviors as being internally motivated.His habit of eating is a sign of fixation at the Oral Stage as a result of which he resorts to excessive eating and smoking when he is in stress. His argumentative nature expresses his discontent towards o thers because these people did not give him as much attention as his mother did. He, therefore, is angry at others. As a child he was exposed to immediate gratification by excessive feeding. These evidences show that these behaviors were internally motivated. 3) Find an example of a Freudian a Freudian defense mechanism that Hank uses in this description. Explain it.Hank habits alienate people, including Sally. However, when Sally left him Hank thought that she broke up with him because of his weight problem and then he goes on to blame her for her shallowness. He is ‘rationalizing’ here. He is focusing on other reason whereas the real problem lies within him which he is not willing to accept. 4) Find an example of regression in the case study. Explain it. When Hank thought about the previous week he felt stressed. To lower his stress he starts eating the ice cream. After this he starts smoking which also helps him to reduce the tension. This is an evidence of regressio n.In a state of stress Hank regresses back to the Oral stage and seeks gratification through excessive eating and smoking. 5) Would a Freudian therapist view Hank's weight problem as a behavioral problem, in and of itself, or as a symptom of another problem? Explain. A Freudian Therapist would view Hank’s weight problem as a symptom of his fixation at the oral stage. Instead of confronting a stressful situation Hank regresses back to the oral stage and seeks instant oral gratification through smoking and eating. This is the cause of his weight problem. It is also possible that his weight problem can be addressed as a behavior problem.Children learn to behave in a certain manner by observing other people. Since Hank's didn’t have any friends, he was not able to learn from others. 6) What therapeutic techniques would a Freudian therapist, like the one in this case study, likely use? What state of consciousness would be the focus of the therapy? What brings healing in Fre udian therapy? A Freudian Therapist will use the therapeutic technique of Free Association for Hank’s therapy. Psychoanalysis assumes that people are often conflicted between their need to learn about themselves, and their (conscious or unconscious) fears of and defenses against change and self-exposure.Hank’s will be allowed to talk about anything he wishes but this will lead him to talk about the things which matter to him the most. This will instigate a journey of co-discovery which can enhance Hank’s integration of thought, feeling, and selfhood. The unconsciousness will be the focus of the therapy. The therapist will try to make Hank realize his weaknesses so that he can work on them. In Freudian therapy, or psychoanalysis, healing occurs when repressed thoughts and feelings are brought in to consciousness. This allows the patient to develop a stronger ego and resolve internal conflict.

Computers Should Replace Teachers Essay

Computers should replace teachers by: Raveeroj Period: 1 Length: 3 minutes Exact purpose: to convince the audience that computers should replace teachers. Imagine a world where every education is taught by computers, electronic devices, robots, and my other things. How perfect would education be? The quality of education would be at the highest and it would be equalized for all the students. The best education for a student is the 1 by 1 by changing teachers to computers we would achieve that. The decision lies on you whether or not to improve the child education in the future. I have been tutored and taught in the class, I have noticed a lot of differences- you understand more from the things we have been taught . Computers can makes lessons interesting. Computers can be developed by the best teachers that had the experience in making the class more interesting; when the students are having interest they are learning more from the subject they have been learning. When the students are having interest in class they will be smarter and strive to find information based on the subject. We just make the students expert in the section. When we learn more from one class it saves time. Saving time from classes will make you graduate faster. Wouldn’t you like to graduate faster and spend fewer years in torture? Graduating fast would help find jobs and find experience from the jobs, then get a lot of money. Saving time could be achieved by the going forward without the dumber ones weighing you down like in the class which the teachers need to make the dumber ones understand then go forward. Learning becomes fun. Learning for me could be a pain in the ass, with the boring teachers, with their lame speeches could just make you fall asleep, when you fall asleep they deduct your points simple as that. When learning becomes fun the students started wanting to go to school and experience the fun things with the computers, be fascinated by the creativity of the lessons presented to us. When we are in a good mood the learning can be absorbed more than when we are in a bad mood. Computers can provide a huge amount of knowledge and make teaching methods become better. Whether or not should agree with me in improving your child’s future the decision lies in you. Thank you for listening and I hope you enjoy it

Thursday, August 29, 2019

Analysis on the poem Cherrylog Road by James Dickey Essay

Analysis on the poem Cherrylog Road by James Dickey - Essay Example All throughout the poem though, it talks about how the lovers meet at an obviously arranged time when the woman is able to escape from her father’s farm. The nervousness of the woman about what they are doing is shown with the trembling of her lips which could also be her expression of equal desire of her lover. The poem also shows the boredom of a lover who waits on his partner, and the fear of being caught red-handed as they express their love to each other (Dickey). Being a poem of reminiscing, the author could have written the poem to express his thoughts on passionate yet forbidden love affair. Whether or not a similar involvement could have been experienced by the author himself would not be a question worth meander thing on because the theme of the poem is widely experienced around the globe at different generations. Forbidden love affairs had been retold time and again through stories like Shakespeare’s Romeo and Juliet so that the theme could have simply been an observation of the author and needed not be a first hand experience. Passion and flame is well expressed in the poem in a metaphorical way, mentioning the blacksnake hunting the mouse with deadly excitement. The highly stimulated feelings expressed between the lovers are seen throughout the poem with changes of emotion from boredom, to fear and to pensive considerations. The author expressed boredom as he waited for his lover who is coming from her father’s farm and could have the possibility of being unable to meet him because of the latter’s restrictions. On meeting each other comes the nervousness and fear expressed not only by the man but the woman as well who fear being caught by her father. Then as the lovers separate, the author shifts to a thoughtful reconsideration of their affair, remaining drunk with the experience he had with his woman. The author used metaphor greatly especially in expressing the consummation of the lovers’ love to each other. The intimacy of

Wednesday, August 28, 2019

PESTEL analysis of the automotive industry in United Kingdom Essay

PESTEL analysis of the automotive industry in United Kingdom - Essay Example It elaborates the macroeconomic factors that are used to scan the environment before taking any strategic decision in an organisation (Mercer, 2008). PESTEL stands for: P- Political; E- Economic; S- Social; T- Technological; E-Environmental; L- Legal. The few constituents of PESTEL of the automotive industry are as follows: The firms should be aware of the political factors like the trading policies, governmental changes in rules and regulations of the production of cars which includes safety standards and fuel emissions. Economic factors influencing business includes taxation policies, economies and trends, trade cycles and exchange rate and interest rate changes (Thompson, 2001). Cars are the polluting agents which pollute the environment to such an extent that it can be dangerous to the society and large emission of harmful gases can even lead to diseases. Cars manufactures are introducing Alternative Energy Vehicles that use only electricity and has rechargeable battery (Booz, 20 08). The challenges that are faced by the automotive industry are that it is very expensive and this will be the solution for lowering pollutants. Environmental pollutants have been the basic challenge for this industry which is threatening the automotive industry worldwide and thus they should pay attention to the alternative energy vehicle (Ferrel, 2012). The firm should always comply with all rules and regulations that are levied on car manufacturing , such as safety and standard issues, gas emission laws, vehicles regulations, etc (Mercer, 2008). 2. Trend forecast for 2016 Fords Motor Company, an automobile giant has it’s headquarter in United States. It has expanded its market in many countries like Japan, India etc. Ford has been suffering from many hurdles which are affecting the business. The challenges are coming from the macroeconomic environment and it has threatened their existence. PESTEL analysis has been done to identify the factors that are affecting the exist ence of the automotive company (Craik, 2013). The following are the challenges that are faced by Ford and their future planning till 2016 so that they can overcome the challenges: 1) The rising price of oil has made customers less automotive friendly (Ferrel, 2012). Ford has been doing technological adjustment which is helping them build a modern standard in the present outline. By 2016 it will reach its destination by creating such technologies which can even give the solution for using expensive oils. In many countries, the financer of the organisation has been playing a crucial role in the development and the progress of the organisation (Ferrel, 2012). 2) Accelerating growth in the developing countries is very difficult and thus attaining customers is near to impossible. But Ford has targeted a potential market to penetrate with its motors and thus give them a changed phase by the year 2016. 3) The sale of Ford was also affected by the types of motors that are being used by the people. But when the income of the mass is elevated to that position that they can pay attention to own a luxury car the sale of Ford has increased (Burrow, 2011). For the future development Ford concentrate on developing low priced cars so that it can be afforded by the mass (Sturgeon and Biesebroeck, 2010). 4) Consumer preferences changes from time to time (Miller, 2012). Their taste and likings are not stagnant for all time. They try to experience new brands and that affects the sales of the

Tuesday, August 27, 2019

Macbeth, compare and contrast with someone current Essay

Macbeth, compare and contrast with someone current - Essay Example She persuades Macbeth to kill the king so that he can ascend the throne. However, Macbeth is troubled by the fact that the Witches had also predicted that Banquo, Thane of Lochaber, would become the father of kings. So, one murder leads to others, and Banquo is also killed. Macduff-the Thane of Fife's-family is then murdered by Macbeth. Ultimately, Macbeth teeters on the edge of insanity, being haunted by Banquo's ghost, and his Lady has bouts of sleepwalking in which she talks of having blood on her hands. Macbeth is finally defeated and killed, a victim of his own unbridled ambition and refusal to temper it with ethicality. His unethical acts also arise as a result of his wife's collusion and open encouragement. Bill and Hillary are one of the most powerful couples of modern times. He was the President of the US for eight years (1993- 2001), and she the First Lady; if her attempt to become the President in 2008 meets with success, this would give them an indelible place in the history books-a couple who were at the helm of affairs in a country that plays a leading part in controlling world events-for 12 years or even more. Bill Clinton has had a successful political career, having been the Governor of Arkansas and later on the President of the US.

Monday, August 26, 2019

The distinction between income and capital is notoriously difficult.' Essay

The distinction between income and capital is notoriously difficult.' Discuss. Is it possible to remove the need for distingu - Essay Example 1The significant difference in the taxation of the two is that income is a direct tax derived from the dividends, business interests, and pensions while capital gains tax is only levied on the profits made from the assets. The capital gains tax is applied when one gains profit in comparison to the income tax that is applied on every income obtained. Income tax is applied in a progressive approach where the rich pay more and the poor get a moderate tax on the income they obtain. In this type of approach the more one gets in income the more they pay in taxes. Since it is a key government revenue producer, income tax is one of the reliable taxes the governments use to gain money to run the governments. It becomes difficult to gain the definition of the two since they are closely tied. Consider an individual earning a salary of ?30000 pounds and decides to save after taxation making the savings capital for a rainy day. Since the capital will gain profits, the profits become taxable via t he gain they accrued. On the other hand, the individual may choose to save through investment of the income after tax. Consequently, the gain in the investment is income and this becomes taxable. Therefore, one can be double- taxed if they are not keen on the type of investment they make. This proves that the line defining the two is very thin to make a perfect distinction of the two paradigms. In another case of the law shipping and the Odeon theatres, the case proves to be a hard distinction of the revenue and capital tax description. The Law Shipping case was apprehensive through a corporation, which acquired a ship in unfortunate state of repair for ?97,000. The firm then uses the ship in its existing circumstances of renovates for an expedition, and then makes the repairs valued at ?51,558. The corporation then claims costs of the maintenance as an income expense. The claim is dismissed in court and the decision upheld. The Court signified that maintenance would frequently be r eturns outgoing, even if the care for the vessel was delayed for an extensive time. Preservation may be effected at a time where the firm feels it viable and feasible for the business but, in either case, they strictly comprise a persistently frequent occurrence of that nonstop service of the vessel that makes maintenance essential. They are for this reason an acceptable deduction in working out income, and, as is disclosed in the litigation. In relation to the Odeon Cinema, the theatre was obtained with similar maintenance deficits but that did not stop the acquiring of the facility but the difference in the two cases the theatre could be used without repairs for a while unlike the expedition of the law shipping conducts. However, the maintenance costs did not alter the cost accrued from buying the vessel. Therefore, the evidence points out the repairs as an income account. Corporation taxes are both taxed together but in fact, underlying that, they are each calculated separately u nder rules  of income and capital makes them different from the common taxation bracket. This is due to the aspect presented by the corporation where it cannot be taxed as mere legal fiction. The corporation is taxed under different rule due to its nature of accruing benefits. More importantly is the harmonization of the corporate tax for the avoidance of the double taxation a shareholder receives since they are taxed through the company and the dividends are subjected to

Sunday, August 25, 2019

Morrisons Supermarkets Plc Assignment Example | Topics and Well Written Essays - 1500 words

Morrisons Supermarkets Plc - Assignment Example It is mainly to decrease the level of obesity among the citizens of UK. Due to which, the government of UK is presenting huge number of campaigns so as to increase the level of awareness over obesity. Side by side, they are also presenting the details or extent of the nutrients that might help an individual to attain a healthy and fit body. So, all the supermarkets are trying to present or display the products including the exact mixture of nutrients to help the customers, in reducing obesity. Side by side, they are also presenting the GDA for men and women so as to maintain a healthy body. The prime objective of such strategy is to retain the older customers and to attract the new ones so as to remain competitive in the market. Otherwise, the supermarkets like Morrison’s might lose its range of customers and reputation in the market among others. Economic- inflation offered high impact over the prices of the products of the supermarkets and many other retail organizations. Du e to which, the supermarket owners had to present products with lower prices so as to retain its brand image and range of customers. Side by side, the decrease in the rate of the disposable income also created a substantial impact over the buying behaviour of the customers. Therefore, in order to fulfil their requirements and demands, the supermarket players had to present wide range of product lines. It is done, so as to match their incomes, living standards and life styles. Therefore, only due to the presence of varied types of products, the supermarkets like Morrison’s became successful in retaining its range of customers and profit margin in such challenging scenario... This paper stresses that according to the high brand image and recognition in the market of UK, the total sale and revenue of the Morrison Supermarket is increasing rapidly. Along with this, due to the presence of varied types of products, customers of varied income groups and living standards might avail facility to purchase the products. Side by side, all the customers might very easily avail the facility of discounts on the products presented by Morrison Supermarket. So, it might be depicted that Morrison attains a very reputed position in the market as compared to others. Side by side, as it is widely expanding, its brand value and equity is also increasing significantly in the market among others. The author of the essay declares that In order to increase the popularity and brand image of Morrison supermarket, it is essential to implement an online site. This might prove effective in enhancing its total sales and revenues as well. Side by side, the organization might also try to recruit trained staffs within the organization so as assist the customers at the time of purchasing any products. This might prove effective in increasing its total sale and brand value as well. This report makes a conclusion that it might be stated that the brand value and recognition of the organization of Morrison might be enhanced by increasing its variety of products. Along with this, if the range of discounts presented over the products might be increased, then the range of customers may also be increased.

Saturday, August 24, 2019

How will climate change affect National Grid(UK) and how they do PowerPoint Presentation

How will climate change affect National Grid(UK) and how they do business - PowerPoint Presentation Example On the other hand, it is suggested by Koomey et al. (1997, 1) that ‘the common perception among many policy makers and industry leaders is that the twin objectives of reducing greenhouse gas emissions and promoting a more competitive economy are inherently contradictory’. Many efforts have been made by the states globally in order to create a mutually – accepted plan for the reduction of greenhouse emissions; however this plan has faced significant oppositions mostly because it is against of the interests of specific parts of the population within each country globally; gas emissions and pollution in general seem to serve the interests of a specific group of people who ignore the effect of increased industrial activity on a continuous basis and promote personal interests even if they are related with severe damages on climate worldwide. Current paper focuses on the activities of National Grid, ‘an international electricity and gas company and one of the larg est investor-owned energy companies in the world’ (corporate website) in terms of their relationship with the climate changes globally. More specifically, the effects of climate changes in the international context are being identified and evaluated trying to locate the relationship between the firm’s activities and the climate change as they can be observed in the firm’s daily operations specifically in Britain. Climate has changed dramatically in all regions around the world. One of the main reasons for this change has been considered to be the extremely high percentage of carbon dioxide released by industries, households and a wide range of other sources (e.g. automobiles, fires and so on). Regarding this issue, it has been found by Marland et al. (2007) that ‘since 1751 roughly 315 billion tons of carbon have been released to the atmosphere from

Friday, August 23, 2019

Foundations of Criminal Law Assignment Example | Topics and Well Written Essays - 1750 words

Foundations of Criminal Law - Assignment Example Fraud losses impact deeply or adversely almost every aspect in business. The fraud management is mainly encountered through the Deterrence, Prevention, Detection, Mitigation, Analysis, Policy, investigation and Prosecution3. Although definitions of legal insanity differs according to states, generally a person is considered insane and not responsible for a criminal conduct if, at the time of the offense, as a result of a severe mental disease or defect, he is not able to appreciate the nature and quality of his criminal act4. SET 1 Case 1 The article is about a case against a person named Lord Hanningfield who had been held guilty for using the funds of Essex County Council mainly for his own personal interests by citing false claims. It is a case of theft by false accounting. Theft is defined as a punishable offence where a person may wish to dishonestly obtain property belonging to other5. There are five elements of theft which are appropriation, property, belonging to other, with the intention of depriving the other permanently and dishonesty6. Theft by false accounting arises when a person dishonestly destroys or falsifies an account or any record required for an accounting purpose. Also if the information furnished by the person, who may be required by any accounting purpose, is untrue by the knowledge of the person, it is also known to be theft arising out of false accounting7. False accounting is used to obtain more funds from the banks or related institutions8. In the article Lord Hanningfield was found guilty of using the funds of Essex County Council by submitting receipts and claims which were found to be false. It was found that he had provided false details about his travel expenditures to draw money out of the council. He had submitted a receipt of ?500 for traveling which was found to be false. He also used the facility of a chauffeur driven car provided by Essex County Council to his home when the distance was only of 46 miles. The normal allowa nce level is ?174 for a single night without a receipt. Lord Hanningfield had repeatedly violated this provision. He had booked for airfares to India and hotels outside London which were booked by others. Also, it was found that Lord Hanningfield was in full knowledge about the false claims when it was being committed. This is a case of fraud caused by theft in accounting as it satisfies the five elements for causing a theft a well as accounting inappropriately that is caused intentionally. However, Lord Hanningfield claim that he had used the money which he is entitled to does not provide a clear picture of theft. The above mentioned law does not explain this clause as whether the defendant had utilized his rights or it was a fraudulent behavior. The article is insufficient to deduce if it was fraud by abuse of position. There are statutory conditions against fraud caused by theft of false accounting. On conviction, the accused can be sentenced to imprisonment for a term not exceed ing seven years 9. Case II In this case of fraud, the wife of a policeman was alleged of taking part in a ?10 million mortgage scam for the exchange of the high value goods. This is the case of fraud by false representation. A person is said to be in violation of this law if he person makes a false representation through dishonest means, for the intentions of reaping gains for him or

Thursday, August 22, 2019

An issue considered in the presentations or books Essay

An issue considered in the presentations or books - Essay Example This paper explores the concept of supply of labor, its dynamics, and key factors. Many economic theories describe supply of labor in unique ways owing to the dynamic nature of the concept. Perhaps it is imperative to note from the onset that the total hours and real salary rate are the fundamental components of supply of labor in any given economic system. The supply of labor curve, which is the graphical representation of supply of labor, depicts the theoretical wage rates versus labor. The vertical axis of the supply of labor curve represents the theoretical wage rate while the horizontal axis represents the amount of labor that workers are willing to toil for at any given wage rate (Chagny, Döpke, Plane, and Schmidt 61). The dynamics of the supply of labor depend on the compromise between leisure and labor. This tradeoff implies that workers earn more incomes by working for more hours and vice versa. However, such workers must cut down on the number of hours they spend on leisure in order for them to earn hire by dedicating more time for labor. Although this notion necessitates a delicate balance, it confirms the fundamental trade-off between labor and leisure. It means that a rise in the rate of real wage increases the opportunity cost for leisure. This trend leads to the substitution effect in the sense that the workers will develop a tendency to supply more labor (Soest, Das, and Gong 15). As workers dedicate more hours for labor, their earnings as well as their real wage rate goes up. Subsequently, the demand for ‘normal good’ leisure increases as the workers incomes rises. It means that workers will supply less labor in order to spend more hours on their ‘normal good’ leisure activities. They will develop the tendency of spending because of their higher income and they will dedicate more time (hours) on leisure activities. This tendency is called

Discussion Questions Essay Example for Free

Discussion Questions Essay †¢ In the video this week, Bill Goodykoontz discusses watching movies as a group in a theater versus watching alone, on computers, or in your home. Explain how the availability of movies has evolved over the last century. Which experience do you prefer and why? You can rent and own movies almost anywhere now, from your phone, computer and TV. I remember when going to the theater was the only way to see a movie, now you can get it right off your computer. We enjoy watching movies directly off from our Netflix account on playstation, its beats paying late fees going to blockbusters and they’re unlimited for a nice fee. †¢ In the Week Two Learnscape, you craft an introductory paragraph for Sen. Johnson for a speech he is giving on the impact of the Internet on politics. After scanning the sites you’ve been given, how comfortable are you with the credibility of the information you found on the Internet? What, if anything, makes you uncomfortable about the credibility of these sources? If you think the information is credible, explain why. Im not comfortable with credibility of the information found on the internet since I don’t know what I’m really suppose to be looking for. †¢ In this week’s video, Bill Goodykoontz discusses the value of critics in popular culture. Do you find value in criticism or do you prefer to experience movies, music, etc., without outside feedback? Explain your answers. Personally, experience movies, music, etc without outside feedback is what I prefer. It makes it harder to view someone else art when you read other criticism because than you expect that predicition †¢ In this week’s video, Bill Goodykoontz discusses having to stay true to your own reactions and experiences when evaluating art. Why is this so difficult to do? What do you think influences us most? Do you try to shape others’ opinions when sharing your thoughts about music and movies? It’s so difficult to stay true to your own reactions about art since there’s so many media and critics in the world. There’s other that try to point out the negative in everything which gets you to start thinking about it. Media has a great impact on what we believe in this world, and shape what we think of certain things. I’ll give my own opinion about music and movies, but I let them view it themselves before really giving my thoughts. †¢ Over the last century, do you think music has changed from being about artistic expression to being more about money and business? Is it even possible for a band or artist to make topical or political commentary in a song today while focusing on turning a profit? Yes, music this century hasn’t been artistic and seem more about the money. Music these days seem more alike with the same rhythm, beat, lyrics and etc. Though you can find a few music artist who have their own taste and don’t care about the money and business. I’ve heard that some artist and bands put political commentary in a song, but I hadn’t been able to capture them. †¢ Feedback Question: How are your time management strategies working for you? Which strategies have been most effective? What time management challenges remain? What may be done about those? Time management is still a tiny struggle, but I’m getting the hang of juggling work, school and my family. It’s just getting back in the schedule of doing work and getting the strength to get it finish. †¢ Feedback Question: How are your reading strategies working for you? Is reading the content of this course same or different from reading content in other courses? Is it easier or harder? Any suggestions for how to make reading this sort of content more effective for yourself? Reading strategies for this class has been a little difficult than my other classes. Their more material to absorb, therefore I need to make more time for it which I plan on doing. Also, I plan on taking notes as I go than review that same day, that way the material will be able to sink in a little more.

Wednesday, August 21, 2019

David Carson Influences | Modern Graphic Design

David Carson Influences | Modern Graphic Design Considered to be one of the worlds most influential graphic designers (Layers Magazine, 2007) David Carson is a name synonymously associated with post-modern design. This essay investigates Carsons career from its beginning in the design industry by means of a full biography before venturing on into post-modern and sub-cultural influences on the designer, the emergence and development of key aspects of post-modernist design within the work of David Carson and the positive and negative impact and influence he has had on modern graphic design. Biography: Born in Texas on September 8th, 1955 David Carson dedicated his early career to being a professional surfer, David attained a standing of number 8 in the world rankings while being a high school teacher in California (Encyclopaedia Britannica, 2012a).  A late starter to the graphic design industry, Carsons first real design experience came during a two-week commercial design course in Switzerland as part of his sociology degree. The class, taught by Swiss designer, Hans-Rudolf Lutz (Sacharoq, 1996: p.8), whose influence was so significant that Carson made a decision to pursue a career in graphic design and enrolled full time in a small art college upon his return home to the United States. In an interview with Marc Cameron, founder of fotorater.com; Carson explains the beginning of his design career: taking the advice of a friend who, at the time was the editor of Skateboarder magazine to contact the art director. I immediately started harassing this art director, sending him every little thing I was working on (Cameron, 2012a). This dogged persistence paid off and soon Carson was working in the studio voluntarily; pasting up advertisements and eventually composing an editorial spread for the magazine. Carsons first real job in the design profession was working as a designer at the surfer publication titled  Self and Musician as well as being an employed part-time designer for the magazine  Transworld Skateboarding (Encyclopaedia Britannica, 2012b). This enabled him to experiment with design, developing his now characteristic style of chaotic spreads overlapping photos and mixed up, altered typefaces. In 1989 Carson changed occupations and became art director of Beach Culture magazine producing a total of six magazines before the journal folded, this earned him more than 150 design awards (Encyclopaedia Britannica, 2012c) and a new position in a design role at its sister publication Surfer magazine, which catapulted him into the design spotlight. Carson then caught the attention of Marvin Jarret, publisher of Ray Gun an alternative music publication, who hired Carson as its art director in 1992. The monumental success of the publication between the years 1992 and 1995, with th e help of Carsons radical design vision, saw Ray Guns subscribers triple in numbers. This feat is most commonly attributed to the design strategy that seemed to be particularly appealing to the youth demographic (Kenyaferrand.com, n.d.) which led to several large corporations spotting an opportunity in Carsons design work to increase youth sales of their respective products. Commissions earned by Carson followed to design printed advertisements and direct television commercials. In 1995, Carson left Ray Gun and established his own design company David Carson Design. The business was an instant success, and Carson was able to secure a large and diverse corporate client base with companies such as Microsoft, Pepsi and Giorgio Armani. Carsons first book titled The End of Print: The Graphic Design of David Carson, released in 1995 and has since become the top selling graphic design book of all time with sales in excess of over 200,000 copies (David Carson Design, n.d.). Followed by the boldly experimental books  2nd Sight  (1997),  Fotografiks  (1999), and  Trek  (2003) (Encyclopaedia Britannica, 2012d). Post-modernist design influences on David Carson: Post-modernist design, described in the art and popular culture encyclopaedia as: A cultural, intellectual or artistic state, which lacks a clear central hierarchy or organizing principle and which embodies extreme complexity, contradiction, ambiguity, diversity and interconnectedness (artandpopularculture.com, u.d.). This is evident in Carsons hallmark style of distorted type and his rejection of the conventional ideas of typographic syntax, visual hierarchy and imagery. The text in Carsons work often challenges the fundamental criteria for legibility by the exploration of reverse reading, extreme forced justification, columns jammed together with no gutter and the erratic letter spacing across images, arranged in expressive rather than normative sequences. In his book, A Century of Graphic Design, author Jeremy Aynsley (2001: p. 233a) states that: Carsons work is greatly indebted to the work of Wolfgang Weingart and the Cranbrook academy, belonging to the tradition of deconstructive typography. This statement holds an immense amount of strength as Carson has characterised his style by embracing what could be considered as vernacular design, upsetting the rules of modernist typography with inconsistent weights and spacing of letterforms and adopting a multi-layered approach to both word and image; questioning the original meaning of the text and interpreting it into his own unique message. Aynsley (2001: p. 233b) goes on to explain how: Carson counters the modernist position form follows function, instead opting to use layout to explore the meaning. The typographic form is expected to represent ideas actively, rather than present a transparent medium. Much of Carsons work has also been influenced by the surfing sub-culture; his early professional surfing career allowed him to identify with and relate to his target audience. In his interview with Marc Cameron, Carson states: growing up around that culture put me in a more experimental mindset (Cameron, 2012b). This experimental and somewhat chaotic approach to design appealed to the sub-culture that surrounded the surfing and skating communities, and in a sense gave them their own identity with the styling of publications related to their specific demographic. Aynsley (2001: p. 232) has claimed that advertisers soon noticed the potential benefits of someone who could embody the interests of young consumers. Post-modernist theories in David Carsons work: David Carsons work holds true to many key aspects of post-modernism, especially with his philosophies countering of modernist theories such as form follows function. This is evident in the visually driven arrangement of type, by allowing letterforms or flow from spread to spread, by the extreme or unnatural cropping of single images or his highly expressive use of typography to express his own interpretation of the message to the viewer. The latter is most famously noted in his spread for an interview with Brian Ferry in Ray Gun magazine, an article which Carson states in his conference on design and discovery, published on Ted.com I found the interview boring, so I set the whole article in dingbat (Carson, 2009) During Carsons employment with Ray Gun, there were further embracements of post-modernist theories encompassed by audience participation within the magazines content. In his book, A History of Graphic Design, Phillip Meggs (1998: p.463a) has noted how Carson turned over half a dozen pages to the readers to display their illustrations for song lyrics. The encouragement of audience participation and engagement also acted as an enhancement of the sub-cultural identity to the already burgeoning audience generated by the publication. The impact of David Carson on modern graphic design: David Carson is arguably the most innovative and influential graphic designer of the 1990s (Blackwell, 1995: p. 1) and without doubt the most talked about, gaining an army of both admirers and detractors throughout his career. Blackwell (1995: p.10) has noted how Carson has progressed from being an unknown designer of a short-lived specialist magazine to being one of the most decorated designers in the world. This statement that holds weight in the sense that Carsons work has made a breakthrough from sub-culture to the mainstream of mass communication his work now considered being the cutting edge of the leading communications culture (Blackwell, 1995: p. 18). Carsons continual reinvention of the relationship between design and type, has changed the course of graphic design and crystalized the look and attitude of an entire generation, making him a powerful catalyst for design change (Aynsley, 2001: p. 233c). Running several workshops for graphic design students worldwide has provided Carson with a cult following of inspired young designers while at the same time angering some communications professionals who believed he had crossed the line between order and chaos (Meggs, 1998: p.463b). The lack of a prominent theory or a defined set of rules within Carsons work does not necessarily mean that the work is chaotic; instead it challenges conventional design practices with Carsons belief that as Blackwell (1995: p 27) claims that you cannot not communicate and Dont mistake legibility for communication. The benefits on studio work as a result of topics covered in this module: The topics covered in this module have dramatically benefitted my studio work; they have given me an insight into historical design practices and an understanding of key movements that I previously would not have considered in both my research and in producing potential design solutions. Post-modernism and David Carson in particular has been a monumental inspiration and my work in both the learning activities and the summative assessment covering the subject of his design work and processes; inspiring me to take a more expressive outlook on my design and not limiting myself to conventional solutions to design briefs. I now take into account how more expressionist designs can attract and engage the intended audience, more than traditional messages that offer little visual appeal. Designing pieces that have direct links to Carsons design philosophies; considering the emotion conveyed by a piece of work has added an extra dimension to previous practices and has reignited my passion for design.

Tuesday, August 20, 2019

Largest shoe manufacturer

Largest shoe manufacturer Q1. a) The reasons that prompted Nike to change its approach to demand forecasting: Nikes growth from being the 12th largest shoe manufacturer in 1984 to the world leader in the footwear industry by mid 1990s increased the intricacy of its manufacturing schedules. The demand forecasting adopted by Nike prior to considering the new approach saw the retailers placing an order six months ahead of the delivery. Due to the six months lag in delivery Nike could not forecast whether the ordered shoes would be in demand after six months once they reach the store shelves[1]. The existing forecasting technique failed in identifying the quantity of order to be placed with such a long lead time. And had to depend solely on their brand name and hoped that the product would sell. The expanding market demanded a faster delivery, thus pressurizing Nike to shorten the lead time from the standard shipping time of six months. The 27 order management systems that formed Nikes supply chain crumbled under pressure to develop accurate demand forecasts, these factors lead Nike to implement a new demand forecasting. b) Outcomes of the new demand forecasting system. The vigorous demands indirectly affected the new demand forecasting system, resulting in excess manufacturing of some products while developing inventory shortages for others as they struggled to cope up with the customer demands. Nike ended up ordering US $90 million worth of shoes which were in low demand like Air Garnett II, also a shortfall of US$80 million to US$100 million on popular models, like Air Force One. Nike filled the back orders that were to be supplied and disposed of excessive inventory through discount sales and bargain basement prices through its outlet stores. This continued for about 6-9 months to neutralize the incorrect proportions in inventory and two years to overcome the financial losses. Nikes share prices dropped considerably due to the losses and faulty forecasts. Costing Nike more than US$100 million in lost sales, there by lowering its stock prices by 20% and also leading it to a series of legal battles. Q2. a) The reasons that resulted in such a huge gap between demand and supply at Nike: The implementation of i2 had adverse effects for Nike, since I2 were inexperienced in providing supply-chain systems for the footwear and apparel industry. Nikes higher demand data meant heavy customisation was done on i2 this clogged up the software thus by slowing it considerably to such an extent that a single screen would take 3 minutes to load[2]. Further analysts stated that Nike was installing SAP software to help take orders from customers and get those orders through manufacturing. This led to queuing which led to the complexity in matching up of information from SAP and i22. Thus Nike had erroneous orders being sent to the manufacturers and was unable to recover from the errors until it was too late. b) According to my opinion this situation could have been avoided: If Nike would have considered the facts of acquiring actual data from retailers like direct point-of-sale integration rather than software algorithms. By developing a better collaboration with the far east manufacturers to reduce the overall lead time there by converting the supply chain from make-to-sell to make-to-order. Nestlà © and Nike: How they almost failed by Gene LeshinskyFebruary 18th, 2008 Long Strange Trip: Nike Finally Regains Footing: By Larry Barrett

Monday, August 19, 2019

An Envision brought Alive :: essays papers

An Envision brought Alive The video of the glass menagerie met to my exact expectation of the play. While reading the play I could only grasp in my mind the picture of each of the characters, the setting they were in, and the relationships they were engaged in. Therefore I could only envision what I thought their faces would look like or the expressions they were making. But after watching the video I was able to put the puzzle pieces together and finally see what I was missing through the portrayal of characters, the setting, and the relationship between the characters. The portrayal of the characters was done almost exactly to the play. I felt that each of the actors did an exceptional job at this. Amanda’s character came alive in the movie and emphasized her typical role of a nagging and annoying person. Her overall attitude, motions, and facial expressions helped bring alive her character. She expressed tones in her voice, that you wouldn’t be able to hear in reading the play, which helped illuminate her characters determination with dominating over her children and also with winning over Jim. The portrayal of Tom was also done very well, a young man tired of living at home with a mother who will not leave him alone and a sister who he feels bad to leave behind. The actor used good expressions such as the roiling of his eyes to his mother and his angry faces when she pushed him to the edge. In the play I didn’t grasp how frustrated he actually was, but the movie helped me understand with his character. I felt Laura was the b est portrayed character. Her weak and humble attitude, her shy and nervous ways, her small frame, her little girl look were all shown in the video. Her emphasis on her disability was also portrayed well in the movie. In the scene with her and Jim in the living room when he tells her he didn’t even notice she had a problem with her leg, she becomes greatly embarrassed and shy and wants to not talk about that subject. Jim’s character was also portrayed well in the play I found him to not really like Laura or feel bad for her when he tells her he is engaged, but in the movie I found him to be more caring and sympathetic towards Laura and her feelings.

Sunday, August 18, 2019

Graduation Speech -- Graduation Speech, Commencement Address

Class of 2012, tonight is the last time we will share together for many years. After tonight, we will begin a new chapter in our lives. This chapter will lead us away from each other, but the memories we've shared will continue to stay. The years behind us have been full of challenges and rewards; these experiences will be there to guide us as we branch out into the world. Let's take a moment to think back to the people and times that shaped us the last four years. Every teacher deserves a "thank you" for helping us to reach our goal of graduation. The love and support of our families has been greatly appreciated. But truly, the main ingredient of our high school experience has been our peers. We all faced hardships, but we were able to overcome them, together. And now, here we are once again, together. Homecoming, tolo, football games, pep assemblies and spirit weeks ignited us as young freshman. When we became sophomores, the blaring of the fire alarm became our wake-up call. Only after wiping the drool off our desks and hurrying out to the field did we realize that this wa...

Saturday, August 17, 2019

Qualifications of a Hero Essay

â€Å"With great power there must also come great responsibility.† These words from Peter Parker’s uncle, along with spiders attributes, allow Peter to defeat the Green Goblin and successfully to become the hero of the story, Spiderman. Traditionally, characters who carry attributes such as strength and distinguished super-natural powers/abilities and are successful in the end are automatically known as the heroes of the stories. However, what requirements does a character literally need to be an absolute hero? In most novels today, heroes do not often hold such traditional qualities. Many have to put in effort, and pay the price to undergo this honour. In some instances, they may not even be appreciated as the heroes. Within those novels, we can identify that heroes are frequently victims of the society, victims of the immediate envies of others, which eventually lead to hostilities and cause crisis, and victims of their own isolation. These roles of heroes are apparent inside the texts of Brave New World by Aldous Huxley, and Of Mice and Men by John Steinbeck. First of all, in many cases, the heroes play roles of being victims of the society. Surviving under undesirable lifestyles causes people to suffer. They may even face harassment. When enduring in places where their different attributes are obvious to the public and yet they stand out the most, that is when people around start to harass and make fun of them. The theory of harassment as a victim of a society can be seen in Of Mice and Men: â€Å"Curley stared levelly at him. ‘Well, nex’ time you answer when you’re spoke to.’ He turned toward the door and walked out, and his elbows were still bent out a little† (Steinbeck 26). As a small sized but hot-tempered boxer, Curley only likes little guys because they are who he can easily overpower. However, insecure of his size and is over-protective of his wife, Curley hates the big guys and is eager to fight anyone he perceives as a threat to his self-image. Since he is the son of the boss for whom George and Lennie work, Lennie has no choice but to stay in this terrifying situation. Noticing â€Å"His (Curley’s) elbows were still bent out a little,† proves that Lennie unwittingly incurs Curley’s antagonism as well as harassment simply because of his size. A similar case is shown in â€Å"Brave New World†. Although John leaves the London  Hatchery and settles in a deserted area where only imperfect live exists, the world he is grown to live in is filled with hopelessness and yet the brave New World will stay permanent. As a result, the Savage plans to purify himself and to escape further contamination by the filth of civilized life. â€Å"†¦were astonished to see a young man standing outside the abandoned lighthouse stripped to the waist and hitting himself with a whip of knotted cords. His back was horizontally streaked with crimson, and from weal to weal ran thin trickles of blood† (Huxley 226). This passage clearly demonstrates that he cleanses himself, due to the erroneous community he lives in, by carrying out a traditional Reservation religious ceremony (the whipping). Unlike Lennie, who is innocently harassed by other, John wishes to initiate self-flagellate in order for him to call on the God for forgivenes s for his lust for Lenina and lack of concern for Linda’s death. In both situations, due to a hero’s act of being a victim of the society, he must undergo some sort of harassment. Based on these facts, one can conclude that heroes can still be victims of a society, despite that they have done nothing wrong. Other than being harassed, victims of society can also be controlled by others, which mainly results from having no options at all. In Brave New World, this concept is illustrated: † ‘And that,’ put in the Director sententiously, ‘that is the secret of happiness and virtue– liking what you’ve got to do. All conditioning aims at that: making people like their inescapable social destiny’ † (Huxley 13). Obviously, after genetic engineering, Huxley suggests that social conditioning is the most important way for the government to enslave its people. Since the brave New World holds different classes of people, from Alphas to Epsilons, those different caste members are conditioned never to yea rn for a life other than their own. In other words, this is a major instrument for social stability which holds control of everyone within its society, including the heroes. The following scene from Of Mice and Men is another example of victims under control by others, which explains George’s restriction on his mentally handicapped friend. † ‘Lennie, for God’ sakes don’t drink so much.’ Lennie continued to snort into the pool. The small man leaned over and shook him by the shoulder. ‘Lennie. You gonna be sick like you was last night.’†¦ He threw a scoop of water into his face and rubbed it about with his hand, under his chin and around the back of his neck. Then he replaced his hat,  pushed himself back from the river, drew up his embraced them. Lennie, who had been watching, imitated George exactly† (Steinbeck 3, 4). Here, it is obvious as to who is in charge between the two as Lennie carefully obeys George and imitates his actions at the riverbank. It is proven that because Lennie’s mind is not as bright, George simply takes this advantage and holds power over Lennie in their soci ety. Both circumstances in Brave New World and Of Mice and Men show how one can easily dominate others, leaving them no options at all. However, heroes do not necessarily suffer in a bad way when surviving under undesirable lifestyles. Indeed, they dream. They dream about their future, waiting for advancements on the current conditions. In some way, their dreams allow the heroes to dodge from reality as their depression and problems momentarily vanish. The third chapter of Steinbeck’s Of Mice and Men shows this concept of dreaming about conditions improving through this passage: † ‘All kin’s a vegetables in the garden, and if we want a little whisky we can sell a few eggs or something, or some milk. We’d jus’ live there. We’d belong there. There wouldn’t be no more runnin’ round the country and gettin’ fed by a Jap cook. No, sir, we’d have our own place where we belonged and not sleep in no bunk house’ † (Steinbeck 57). At this point, Steinbeck clearly shows that both George and Lennie do not live in a pleasing lifestyle and both aspire to obtain a piece of land to live off. This proves that during the time the story is set, life can be very strenuous but dreams can effectively be use to repel despair. The idea of this quote links directly to the following quote, spoken by Bernard in the book Brave New World. â€Å"In a different key, ‘How can I?’ he repeated meditatively. ‘No, the real problem is: How is it that I can’t, or rather – because, after all, I know quite well why I can’t-what would it be like if I could, if I were free – not enslaved by my conditioning’ † (Huxley 81). Bernard’s hatred for the society, which he is forced to live in, is resulted from the fact he cannot interact emotionally or physically to the community. Everyday in his life, he is treated with inhospitality and is obligated to work for something he hates the most. Therefore, sometimes during his loneliness, he will dream about himself being untangled from the brave New World he is born to live in. Unlike George and Lennie, Bernard is not able to allow his sadness fade away as he is hoping for a better future. Instead, he is even more enraged, speaking in an angered tone. From these two  examples, it is obvious that a hero can be influenced by the society negatively, but still dreams for a better life. From all the above arguments, one can clearly realize the statement that victims of the society, whether enduring harassment of some sort, under control by others, or even dreaming about conditions improving, are often the heroes. Secondly, it is the immediate envies from others which may cause the heroes to be dragged into crisis. This takes place when a figure(s) in the story is jealous about what another has, not necessarily high-quality items such as gold or money, but whatever he does not have. Huxley displays this idea of one envying another in Chapter 12 of his book: â€Å"So cordially indeed that Bernard felt a sharp pang of jealousy. In all these weeks he had never come to so close an intimacy with the Savage as Helmholtz immediately achieved. Watching them, listening to their talk, he found himself sometimes resentfully wishing that he had never brought them together† (Huxley 165). Basically, Helmholtz and the Savage are experiencing the same emotion of feeling not part of the society. In addition, they both enjoy poetic literature, which is what they are sharing together. In some way, their sharing of poems allows them to hide from reality as their depression and problems temporarily vanish. However, Bernard, whose knowledge is negligible in terms of literature, envies John and Helmholtz for their happiness. After attempting to jump in and break apart their conversations, Bernard is not too successful and feels like the odd man out, while also being jealous that his two friends like each other more than they like him. In Of Mice and Men, Crooks is fascinated by the strength of the friendship of Lennie and George, but also envies their relationship, by saying † ‘Well, s’pose, jus’ s’pose he don’t come back. What’ll you do then’ † (Steinbeck 72)? Crooks asks these questions because he does not have any friends, and does not know how losing them unexpectedly will feel. Noticing that Lennie is stupid, he takes advantage of this situation to torture him mentally, which makes himself feel better and ease the pain of having others rejecting him. His face lights with pleasure at his torturing to Lennie against the friendship that Lennie has. That is to say, something that Crooks will never have. Thus, he wants other people to suffer the way that he does, of being completely alone. Apparently it is mostly the figure who envies others who must suffer,  while the target do not necessarily get harmed. Additionally, people who are envious of others set goal(s) for themselves. However, due to the fact that they cannot obtain such objective(s), they begin to look at what others have and envying occurs. In Brave New World, John hates the way that brave New World runs, hoping to twists its perspective back to the old world. He states â€Å"But I don’t want comfort. I want God, I want poetry, I want real danger, I want freedom, I want goodness. I want s in† (Huxley 219). Here in Chapter 17 of the book, the Savage explains the old world reasoning by asserting that true life requires exposure to all things, good and evil. The unsuccessful Savage envies the Reservation Areas, where imperfect livings still exist, even though he is having a much better life in the New World. In Steinbeck’s novel, wanting the unattainable is also shown. From the outset of the story, Steinbeck makes the failure of George and Lennie’s dream inevitable. Finally, the tragedy of the ending is heightened by the fact that they never realize what just might have been possible. The first indications of this failure are revealed when Lennie’s mental deficiencies are demonstrated – he is both amoral and forgetful. When he is handling the dead mouse he cannot appreciate that doing so is wrong. â€Å"I wasn’t doing nothing bad with it† (Steinbeck 9). Lennie cannot distinguish between right and wrong, which seriously challenges the success of th eir dream. We are given more doubts when we learn of Lennie’s actions in Weed. â€Å"You ain’t gonna do no bad things like you done in Weed† (Steinbeck 7). When George says this he is almost tempting fate, and when Curley’s wife is introduced, their dream heads off the track. Considering what Lennie did in Weed, Curley’s wife was a major threat; she was a problem just waiting to be occurred. Throughout the book, Steinbeck develops the idea of the dream’s inevitable destruction. Steinbeck has clearly emphasised the fact that the dream was never going to happen. In both instances, the heroes are hoping to reach one goal which indeed is not reachable. Frequently, it is because of these unattainable objectives that give the heroes disappointments. In Huxley’s Brave New World, however, it is the hero’s dissatisfaction of his society that leads him to setting an unreachable goal. John states â€Å"Linda had been a slave, Linda had died; others should live in freedom, and the world be made beautiful. A reparation, a duty. And suddenly it was luminously clear to the Savage what he must do; it was as though a shutter  had been opened, a curtain drawn back† (Huxley 192). Here, John realizes that something has to be fulfilled to modify this erroneous society, or the brave New World. As of the day when John and his mother come to the London Hatchery Centre, Linda is feeling unwell. Although she is given somas to keep her in â€Å"holiday†, John believes that somas are poisonous while also enslave the public. It is at this point that the Savage notices his reason for coming to this strange world: he will make it free. Conversely, George in Of Mice and Men is disappointed with his companion Lennie, who in fact, is one of the toughest barriers of reaching their dream of owning a farm. From the quote † ‘God, you’re a lot of trouble,’ said George. ‘I could get along so easy and so nice if I didn’t have you on my tail. I could live so easy and maybe have a girl’ â€Å"(Steinbeck 7), we become aware that George is reluctant to carry Lennie around. However, he has to bear with this responsibility due to the death of Lennie’s Aunt Clara. Although they both want a better life and put in the effort to attain this goal, they never seem to be very successful. Ultimately, it is Lennie whom George blames for their failure. Whether it is the hero’s disappointment that leads to setting an unattainable goal or it is the unreachable goal which leads to his disappointment, these two examples show that one will still suffer with distress of dissatisfaction to some degree. Certainly jealousy of others, wanting the unattainable and undergoing disappointment are the results of immediate envies from others. Frequently the heroes, victims of isolation are such roles. They feel differently about themselves compared to the public and therefore, the act of setting themselves apart from others takes place. To begin with, the decrease of self-confidence of the heroes, due to a number of reasons, is one of the main causes that eventually lead to self-banishment, or one’s isolation. The friendship between John, Helmholtz and Bernard in Chapter 12 of Brave New World shows this concept of self-confidence diminishing: â€Å"He was revenging himself on his two friends for liking one another more than they liked him. In the course of their next two or three meetings he frequently repeated this little act of vengeance. It was simple and, since both Helmholtz and the Savage were dreadfully pained by the shattering and defilement of a favourite poetic crystal, extremely effective. In the end,  Helmholtz threatened to kick him out of the room if he dared to interrupt again† (Huxley 166). Although John and Helmholtz experience depression, both enjoy sharing their unique poetic ideas together. By doing so, their sadness towards the society gradually evaporates. Bernard, however, is the odd man out and is very regretful of bringing them two together. Perhaps he is jealous of the friendship he creates. It is what John and Helmholtz have in common, which Bernard does not, that tightly bonds their relationship while Bernard is left out. As his two companions like each other more than they like him, his self-confidence decreases and envying starts to occur. In addition, Bernard believes that he cannot correspond to John because John is more desirable and knows more than he does. Ultimately, this odious sentiment keeps returning to Bernard as Helmholtz and John continue to share their thoughts and even threaten to boot Bernard out if he interrupts again. As a result, the friendless Bernard cannot relate to his only friends and loses his self-confidence significantly. The concept of one’s isolation that results from low self-confidence of a hero decreasing also appears in Of Mice and Men. From the quotes â€Å"He kept his distance and demanded that other people keep theirs. His body was bent over to the left by his crooked spine, and his eyes lay deep in his head, and because of their depth seemed to glitter with intensity. His lean face was lined with deep black wrinkles, and he had thin, pain-tightened lips which were lighter than his face† (Steinbeck 67) and † ‘why ain’t you wanted?’ Lennie asked. †Cause I’m black. They play cards in there, but I can’t play because I’m black. They say I stink. Well, I tell you, you all of you stink to me’ † (Steinbeck 68), we can identify the fact that Crooks’s self-confidence reduces only because of his physical appearance and attributes. Since this book takes place during the 1930’s and discrimination, sadly, still exists, this Negro experiences isolation because of racism. It is this that the other farmhands believe that it is necessary not to allow, as it seems a privilege in their minds, Crooks to live with them. Furthermore, his separation from others causes his severe loneliness spending his nights reading and his days alone in the barn working on the horses. He is treated as an outcast and underling and is forced to find friendship in the only thing assessable, the books he reads. Crooks’s distance from others eventually causes his downfall, and his downfall also stretches their bonding. From the two circumstances, we can  conclude that one’s judgements are usually base on his physical looks, instead of one’s true behaviours and characteristics. This is a reason why many characters in a story, including heroes, frequently lose their self-confidence which eventually leads to self-banishment of themselves. Moreover, it is because of these reductions in terms of heroes’ self-confidence that causes their withdrawal from a society. Without confidence, they are afraid to be harassed and teased, and are too weak to face the public, resulting isolation in personal. This idea of withdrawing from a society is demonstrated here by Huxley in Chapter 11, stating † ‘But I do,’ he insisted. ‘It makes me feel as though †¦Ã¢â‚¬â„¢ he hesitated, searching for words with which to express himself, ‘as though I were more me, if you see what I mean. More on my own, not so completely a part of something else. Not just a cell in the social body’ † (Huxley 81). The Top Ten Controllers in Brave New World initiate Bernard’s hatred on his society, due to the ways on how the society runs. This links to Bernard’s downfall. The policies of the brave New World, such as to insert alcoholic materials into Gammas’ blood surrogate, indirectly cause Bernard’s downfall. In addition, sleep-teaching hypnosis makes people (in the society) to automatically associate heights with caste levels, thus making it more difficult for others to respect Bernard, who indeed, is an Alpha. Base on this quote, Berna rd wishes to look at the ocean, peacefully, and enjoy it. We can identify that Bernard always wishes to be by himself and extract from the society, instead of being part of the social group. However, his ability may not allow this dream to come true. The concept of withdrawing from the society also takes place in the novel Of Mice and Men, shown in this quote: † ‘S’pose you didn’t have nobody. S’pose you couldn’t go into the bunk house and play rummy ’cause you was black. How’d you like that’ † (Steinbeck 72). From this, one can identify why Crooks is withdrawing from his society. This black handicap has a strong difference from the rest of the crew, as he must live in a separate room from the rest of the workers. No one in the novel ever feels any sort of empathy or even tries to comprehend what Crooks is saying. This is Steinbeck’s mechanism for displaying Crooks’s isolation from the public. For Crooks, he has never been treated well by any of his co-workers because he is black. In addition, Crooks also does not know how to relate and function normally anymore because of how his loneliness has  effected him. Loneliness has made Crooks a very bitter individual, while he is truly not able to leave this situation because of his race during the entire novel. Proven in both instances, characters are frequently born with imperfections, depending on their society, leading to their extraction from the public and causes isolation. For this reason, victims of one’s isolation experience loneliness as well. In a way, everyone needs someone to talk to, whether it is a family member, a friend, or even a pet, as a source of comfort and wealth for the person. Yet most heroes never seem to behave in such a way. This belief of one feeling lonely can be displayed within this passage: â€Å"From Guildford the down-line followed the Wey valley to Godalming, then, over Milford and Witley, proceeded to Haslemere and on through Petersfield towards Portsmouth. Roughly parallel to it, the upline passed over Worplesden, Tongham, Puttenham, Elstead and Grayshott. Between the Hog’s Back and Hindhead there were points where the two lines were not more than six or seven kilometres apart. The distance was too small for careless flyers-particularly at night and when they had taken half a gramme too much. There had been accidents. Serious ones. It had been decided to deflect the upline a few kilometres to the west. Between Grayshott and Tongham four abandoned air-lighthouses marked the course of the old Portsmouth-to-London road. The skies above them were silent and deserted. It was over Selborne, Bordon and Farnham that the helicopters now ceaselessly hummed and roared. The Savage had chosen as his hermitage the old light-house which stood on the crest of the hill between Puttenham and Elstead† (Huxley 222). Here, Huxley thoroughly explains the fact that John wishes to escape from the London Hatchery Centre as far as possible. He has decided to isolate himself from the society and to live away with pain and loneliness, due to his opposition in terms of the brave New World’s principles. George in Of Mice and Men also demonstrates the concept for a hero being lonely: † ‘I ain’t got no people. I seen the guys that go around on the ranches alone. That ain’t no good. They don’t have no fun. After a long time they get mean. They get wantin’ to fight all the time†¦ ‘Course Lennie’s a God damn nuisance most of the time, but you get used to goin’ around with a guy an’ you can’t get rid of him’ † (Steinbeck 41). Clearly, George proclaims his view on loneliness to give a reason for his connection with Lennie. This connection George has with Lennie makes the two of them unique to the rest of the  characters. Many of the men on the ranch have a dream, but only Lennie and George have a chance of obtaining it. Essentially, John Steinbeck wants to show that although George and Lennie have the advantage of being a team, they will never accomplish it because all human beings are in essence, alone. Thus, George’s constant playing of the game of solitaire, â€Å"cutting the cards again and put out a solitaire lay† (Steinbeck 28) foreshadows his eventual decision to become a solitary man. Within these two occurrences, one can realize that heroes are affected by the society, which brings them loneliness and isolation. Based on the above examples, it is proven that heroes self-banish because of their weak self-confidence, which ultimately leads to withdrawal from society and subsequent loneliness. We learn from Brave New World and Of Mice and Men that being an absolute hero requires not only traditional skills and abilities, but also being able to withstand great hardships. In both novels, the heroes had to endure being victims of their societies, victims of envy from others, and victims of their own isolations. Despite them undergoing many difficulties in the stories, Bernard and Crooks are not the heroes because neither of them follows the hero monomyth structure. Yet to some extent, they were neither able to escape nor did they survive. Although based on the script, John, for example, left the London Hatchery and decided to live in a deserted area where only imperfect live exists. However, deep down in John’s mind, he knew that the world would never experience the same freedom he is grown to love. In spite of everything, he is trapped by the hands of the controllers of the brave New World. Similar to John, Lennie is forever locked in his mentally handicapped mind and be tricked and betrayed by his best companion, George. As heroes tend not to have successful conclusions, why will anyone choose to be honoured with such positions? If you are required to carry out non-traditional-qualities and/or hardships throughout a story, are you willing to be a hero when given an opportunity?

Stress pshcyology

A method of managing stress is hardiness training developed by kobasa in 1979 here this method works by assessing peoples levels of hardiness then offering them a series of increasing that hardiness here they: try to change the way the person appraises the threat level of the stressor and their ability to cope with it. (ii) Outline one limitation of this method. (3 marks) A limitation to this method is that it takes a lot of time and money and you have to show a high level of commitment to the process. (b) Describe the procedures and findings of one study of the workplace as a source of stress. (6 marks) Johansson (1978) took two groups of workers at a Swedish saw mill, one was a group of 14 finishers this job was repetitive and isolated but very highly skilled. The other group were the â€Å"low risk† of 10 cleaners whose work was more varied and largely self paced they were also allowed to socialize more with the other workers. To find out the stress levels Johansson recorded levels of stress hormones on work days and rest days, he found that the high risk group of finishers secreted more stress related hormones on work days than on rest days and higher levels than that of those in the control group of cleaners, the finishers also showed more signs of stress related symptoms e.g. Headaches and a higher case of absenteeism than that of the cleaners. (c) Discuss research into the relationship between stress and cardiovascular disorders. (18 marks) There have been many studies undertaking research into the correlation between cardiovascular disorders and stress. Friedman and Rosenman undertook a study into coronary heart disease (CHD) in 1959, their hypothesis was that patients who displayed type A behaviour; who fitted into the group that had a pattern of impatience, competitiveness and hostility where more likely to get CHD than those who fitted into the type B group; these displayed a pattern of being laid back and relaxed. Friedman and Rosenman took a sample of 3000 males from California, USA aged between 39 and 59, who were healthy at the start of the study, they established which personality group the sample fitted into through a series of questions put forward in an interview. Friedman and Rosenman found that after eight and a half years 257 men in the sample were diagnosed with CHD and that of this group 70% had been previously classed as a type â€Å"A† personality. They also found hat type â€Å"A†s had a higher level of cholesterol and that twice as many men in the type â€Å"A† group had died compared to the type â€Å"B† group. Friedman and Rosenman concluded that Type â€Å"A† personality is more likely to be associated with CHD. Because type â€Å"A† is also linked to other factors that cause CHD, such as smoking (which we now know can cause CHD), it is not certain if type â€Å"A† is a direct or indirect cause of CHD. Cirtisms of this study include that it is an extremely biased sample, with the sample being all males from California; this means it lacks population validity. It is also critised due to the fact that it is not know whether CHD is brought on souly from the type of personality you are as Friedman and Rosenman concluded there were a series of extraneous variables that could not be controlled in this study i.e. smoking. It is classed as over simplistic with the sample being classed as one or the other as there are only two choices. Positive critisms of this study include that it has a large sample at 3000 males and that it was a longditudinal study running for 8 1/2 years. Other studies that back up friedman and Rosenman into stress and the effect on the cardiovascular system are that of Williams who conducted a study on 13000 people, he got the sample to fill in a questionnaire which consisted of 10 questions and placed them on an anger scale. He found that six years later of the 13000 sampled he found 256 had experienced a heart attack and that those who scored most highly on the anger scale were nearly three times more likely to experience one. This study has good time validity as it was carried out in 2000.

Friday, August 16, 2019

Catcher and the Rye

Every citizen how the rights of life, liberty, and the pursuit of happiness. Those are the statements given to us by the Declaration of Independence. Out of these words, people believed that an ideal lifestyle can be found in America, dubbed the American dream. This concept provides the belief of prosperity and happiness, in which can be achieved with hard work and determination. The Catcher in the Rye and Shawshank Redemption conflicts prevent the protagonists from acquiring the standards of what the American dream is all about, a fair and peaceful world.Although they run into obstacles within their lives, they continuously strive for their American dream. The Catcher in the Rye and The Shawshank Redemption both revolve around the ideal of the American dream because they both signify the value of freedom, the goal of starting new lives with better opportunities, and finding happiness in their lives. The American Dream can not exsist without freedom. Freedom is the most quintessentia l trait that the dream promises to all citizens. In both of the works, the protagonists are confined in a place where they feel they do not belong in.Pencey is to Holden as Shawshank is to Andy. As a result, they attempt to escape their institution and follow their natural instinct. â€Å"All of a sudden, I decided what I'd really do, I'd get the hell out of Pencey right that same night and all†¦ I yelled at the top of my goddamn voice ‘Sleep tight, ya morons' I'll bet that I woke up every bastard on the whole floor. Then I got the hell out†(Salinger 28,29). Holden is frustrated with Pencey and decides to leave to a place in which he will find much more suitable.He considers the school as an elaborate trap in which he is caught within a society of phoniness. Andy, on the otherhand, spends nearly two entire decades digging a tunnel every night that will lead to him out of Shawshank state prison. His patience and determination eventually leads to his success. When he steps out of prison for the first time in twenty years, he cannot help but cheer in his effort. As both characters strive for their freedom, they also strive for a successful life. In addition to freedom, Holden and Andy both want to be able to start their lives over in a better place.The characters point out where they would like to go if they could at the moment. In the movie, Andy tells Red that if he were to ever get out of Shawshank, he would like to spend his life in Zihuatanejo, Mexico, down south by the Pacific Ocean. There, he would like to start a hotel and have Red join him. Andy also uses a fake identity he created for himself that he can uses as an alias so he will not be traced back to. With that same identity, he can manage the money he made during the laundering operation while he was in prison.In the aftermath of the movie, Andy utilizes the American dream by making his fantasies a reality. Throughout the novel, Holden repeatedly explains where he would rather be t han where he actually is at the moment. Near the end, Holden fantasizes about traveling West and building a cabin where he can falsly live as a deaf mute so he no longer will have to deal with other people. â€Å"I'd start hitchhiking my way out West†¦ I figured I could get a job at a filling station somewhere†¦ I'd build me a little cabin somewhere with the dough I made and live there for the rest of my life†(Salinger 106,107).In American history, migrating to the West was a common sign of finding a more prosperous life and creating new opportunities for yourself and family. When the Calfornia gold rush began, it brought nearly 300,000 people to California in hope that they could strike fortune and become wealthy. Migrating also meant that some people couldn't deal with the lifestyles of either the North or the South, so they settled to move westward instead. It is much like Holden's retreat of society. He would much rather run away and make excuses then face his p roblems.Holden and Andy seek out their dream location they would like to live at along with the happiness and joy of their lives. Continuing from new opportunities, the protagonists happen to be in the pursuit of happiness. Both characters are constantly placed in dire situations that make themselves feel depressed and miserable. While they live out their lives, they struggle and attempt to determine what they should do during their time on earth. Holden is undergoing identity and role confusion and Andy is in confinement.Although much of their purpose is unknown, they have few moments of where they may enjoy life and look back at who they are. In The Shawshank Redemption, Andy locks himself in the warden's office and plays an Italian record over the intercom for all the other prisoners to hear. Even though he knows he will be disciplined for doing so, he still decides to follow through. As the warden and the guards try to enter the office, he ignores them and enjoys the music to ma ke himself feel like a normal person again. It was an emotional moment for him that really showed he is looking for a reason to enjoy life for. In TheCatcher in the Rye, Holden brings his younger sister Phoebe to the carousel and watches her ride it. When it begins to rain, he watches his sister go around while getting soaked. All of a sudden, just seeing his sister gets him all happy it nearly gets him to start crying. â€Å"I felt so dam happy all of a sudden, the way old Phoebe kept going around and around. I was dam near bawling, I felt so damn happy, if you want to know the truth†(Saligner 114). At this point, Holden's love and concern for his sister causes him to become affectionate. His sister is what keeps him happy though he is confused throughout his life.Holden and Andy both find meaning in their lives through Phoebe and Red where the pursuit of happiness shows that everyone in America can make it and life worthwhile lives. In the end, the American dream is present in The Catcher in the Rye and The Shawshank Redemption because the desire for freedom, improved lives, and happiness are all incorporated within them. Holden tries to escape from his phony society at Pencey and travel west where he can live the rest of his life as a deaf mute in a cabin, however, he eventually finds happiness in his life after watching his sister Phoebe on the carousel.Andy dreams of life on the outside world while listening to a record and escapes one night to start a hotel near the Pacific coastline in Mexico with his friend Red. Both characters have found many obstacles on their journey to fulfilling their wishes. Neither once did they completely give up and quit following their natural instinct. With the amount of effort and determination, they have conquered and found their American dream.

Thursday, August 15, 2019

Hallstead Case Essay

1.)The breakeven point in number of sales has risen along with the breakeven point in sales dollars from 2003 to 2006. The margin of safety has decreased as well. Every year they have to increase the number of sales tickets then the previous year to meet their breakeven point. After 2004 when expansion of the store begun, Hallstead’s fixed cost have grown each year. The decrease from 2004 to 2006 is far less substantial than from 2003 to 2004. This damage is cause by the stores expansion. It is renting a much larger space down the street from its previous location. This has incurred much lager expenses each year then in than prior to 2004. 2.)Yes, the company’s income would increase. The new breakeven point in sales dollars would be approximately $6.03 million. 3.)Eliminating sales commission would have a huge effect on the breakeven volume. If they follow through with Gretchen’s idea of eliminating sales commission their expenses would decrease a great deal each year. They would not have to make nearly as many sales to breakeven. Although this could have an adverse effect on the sales volume. Employees will not be nearly as aggressive in making sales because it will not affect their personal income. Employees could act disapprovingly towards this new measure, affecting the bottom line negatively in the long run. 4.)If Hallstead added an additional $200,000 to advertising each year they would have to increase the sales volume considerably, that’s if they decide not to do away with sales commission. 5.)Average sales would have to increase over $24 to break even if fixed costs remained the same. 6.)I would recommend that Hallstead Jewelers listen to the consultant that suggested price reduction to increase sales. I believe this would be a smart move because with the new store they have room for more sales then the previous location so upping sales numbers is an important step. If reducing sales doesn’t help improve the bottom line, I would then suggest that they eliminate sales commission. Although this as been an important part of business, eliminating sales commission would greatly decrease their yearly expense. I think adding advertising after their recent move is extremely important. Although it is a $200,000 expense, it could increase sales significantly. These are my suggestions for Hallstead Jewelers

Wednesday, August 14, 2019

A Trip to Spain

It was a beautiful Saturday afternoon and me and my friend Sam were hanging out at some coffee place enjoying each other's company. Sam and I have been friends since we were about five years old making our bond stronger than any of my other friends. I glanced at him and suddenly thought of a brilliant idea.Spring break was just around the corner and we both love traveling. I told him that I want to go to Italy since I have been interested in the Italian culture for the longest time. I have read a lot about the country, and even tried to learn the language for some time. I also love to watch Italian football.However, Sam indicated that he preferred going to Spain. He had a lot of Spanish friends and wanted to know more about the country. After arguing for a while, we decided to check the travel agencies in the area and take the cheapest package for a trip to Spain. This is how my friendship with Sam goes. We both have different opinions and points of view but we try to compromise to b e able to decide on things.When we arrived at the travel agency, a crowd of people wanting to book flights for their vacations welcomed us inside. Luckily, there was one available agent at the corner of the office. We approached her and stated that we were planning take a trip to either Spain or Italy for one week and we would prefer to take the cheapest offer.After a few minutes of checking their system on the computer, she related that the cheapest flight was to Malaga, which is the capital of Costa del Sol, in the south region of Spain. The package would also come along with a hotel accommodation. This was good news for us and we took the offer without hesitation.The flight to Spain was not until after a few days and I spent those days trying to prepare for the trip. I made a checklist of what I was supposed to bring. I thought very carefully of the clothes and shoes that I would bring. I also made sure that my camera was fully charged. I even did my research about Spain in the I nternet.The day of the flight to Spain came quickly. I arrived at the airport at six o'clock in the morning and found Sam waiting for me. He looked slightly annoyed because I was a bit late but I explained that my alarm clock did not go off and apologized for this.I am grateful because Sam is very understanding. If this had been some other person, he or she would not have understood and would not have accepted my apology quickly, since this was an important day for both of us. But it was Sam and this is how he really is and I am glad for this. We were lucky because our flight was delayed.At 7:30 a.m., the airplane took off the airport. The plane was full of tourists. We found our way to our assigned seats. We placed our carry-ons inside the compartment overhead and took our seats. We got comfortable and Sam began talking to the young lady next to him. I did not realize that I have fallen fast asleep. The thing I knew was Sam was waking me up because the plane was about to land.The M alaga airport was small and there were no English signs. We did not know where to go and the place was crowded with people speaking only in Spanish. Sam looked around to see if he recognized anyone from our flight. We were so relieved when we heard some English words calling those from our flight to gather around.We walked to the voice and there was a young man who looked like he was Spanish and an one old man whom I recognized from the flight. The old man asked us which city we were headed to and we indicated that we were planning to go to Malaga. They then led us to the bus that would take us to Malaga. The ride took 30 minutes before we arrived at the hotel.We approached the front desk and checked in our room. Sam was feeling tired and wanted to rest for a while but I was feeling like a tourist and wanted to explore the city at that moment. However, Sam was really persistent on resting first so I told him that I would go out alone and would come back for him after a few hours. It was sunny and warm and I had no idea where to go first.I decided to take a walk on the beach because I found the sea view amazing with the sand having no traces of trash or any unpleasant things. Walking around trying to explore the area, I sensed that someone was cooking fish and the aroma made me realize that I had not eaten except for the food, which was served in the airplane. I felt my stomach growling when I saw the restaurants lined up along the beach. I picked one that looked new from its designs and interior.The menu was written in Spanish and I only knew a few words in Spanish and found that this would be harder than I thought. I tried telling the waiter that I wanted a meal with shrimps but unfortunately, the waiter only knew a few words in English.Another waiter was called whom I presumed knew how to speak in English better. I repeated my order, which he took, and surveyed the view of the beach. While waiting for my food, I got into thinking that differences in language s can really become a barrier of communication not only in Spain but everywhere. After I finished my meal, I continued walking by the beach and tried to shop for souvenirs from the gift shops along the way.The beach was very long and I believe I walked for three to four miles before noticing that the sun was beginning to set. I went back to the hotel to wake up Sam but when I entered the room, I saw that Sam was already awake and looked like he just finished a meal.Sam was not bothered that he missed walking on the beach and simply stated that he could go the next day. This is what I liked about him. He is not someone who considers things as a big deal, which can make things complicated.At around 10:00 p.m., we decided to go to a night club, which was not too far from the hotel. The club was too big and there were a lot of people inside. I heard group of people talking in English so I felt comfortable enough to approach them. Meanwhile, Sam went to buy some drinks from the bar. The group consisted of three girls and two boys.After introducing ourselves and getting to know their names, we found out that they have arrived two days ago and experienced the same problem with the language. We all sat together in an area where the music was lower and we were able to hear each other better.We talked about numerous things but it was mostly about Spain and its culture. After the discussions, we managed to get into the center of dance floor and danced until we were too exhausted. Sam and I came back to the hotel with too much to drink.The next day, I woke up with a hangover. I looked over to Sam's bed and saw that he was awake too. We laughed as we tried to recollect what had happened the night before. Sam related that I fell asleep on the table at the club and he had to carry me all the way back to the hotel. I was shocked to hear about this because this has never happened to me before.I apologized to Sam and blamed the alcohol for my behavior. I was relieved when he sa id that it was okay since he also had a good time at the club. Sam is such a good a friend. I can always rely on him to look out for me and he does not mind this. After making more fun of me, we decided to have some breakfast.Later in the day, in the heart of Malaga, Sam and I sat in a French cafà ©, which was full of people from different parts of the world. The weather was beautiful that day so we sat outside the cafe observing the people walking by. I lit my cigarette and started drinking my cappuccino when the group we met last night approached us.The girl with the dark hair commented that it was a crazy night. I was a bit embarrassed when I remembered what happened but I agreed with what she said. We talked some more about the night before and had a good laugh. Then, I mentioned that there was a soccer game tomorrow where Barcelona would be playing against Malaga. I invited them to come with us and they quickly agreed since they had no plans for that particular day.

Tuesday, August 13, 2019

Investment appraisal under uncertainty Essay Example | Topics and Well Written Essays - 1250 words

Investment appraisal under uncertainty - Essay Example Literature review Real option valuation calls for an elaborate and a firm strategy to form a conceptual tool to make the decision for the company (Kim & Sanders 2002). The most appropriate tool to be used in uncertainty cases is using real option as a technique to assess investments for contexts with high market, technical and technological uncertainty (Billington, Johnson & Triantis 2002). This is because they allow managerial flexibility and option analogy. Real options ensure delaying making a right decision on investment of a company until a time when the right information is obtained to make the best decision. Kim & Sanders (2002) notes that real option approach in this case takes into consideration ascertaining important sources of ambiguity and distinguishing, making, and fostering options whose values comes from responding to new information about the uncertainties. Mun (2002) notes that real options are important in identifying taxonomy of the business. Real options are more important in growth options of the business since they are analogous to financial call options. Longstaff & Schwartz (2001) notes that, real options involve a sequence of investment over a period that makes them preferable than the other capital budgeting decisions. These real growth options thus compound options, where options are formed upon the exercise of previous options. Moreover, real options are better used as techniques to assess investments for contexts with high market, technical and technological uncertainty since they allow companies to make decisions on contracting situations. This can have a significant impact on the value of the shareholder (Li & Johnson 2002). Value Drivers of Real Options Kim & Sanders (2002) notes that value created from the right and not the obligation to acquire or exchange a specific asset, has value even though not ad infinitum. Option value determined by several factors, both quantitative and qualitative. Understanding the above factors enab les managers to make the appropriate decisions in order to exploit them. Uncertainty about the future Real options are determined by uncertainty about the future. This implies that if more possibilities of interacting with the uncertainties exist, then they will create value. This situation is created by asymmetric payoff structure alongside discretionary rights. Time to expiration Real options are also determined by the time to expiration. This situation implies that the more time an option takes to exercise the option, the more valuable the option will become. The reason behind this rationale is that the lengthy time will work to increase uncertainty. However, in other cases, increases in uncertainty are often offset by increased in costs, which are triggered by the lengthy period (Li & Johnson 2002). Time value of money Real options are also affected by the time value of money. This is an essential part since money affects all the sectors of the economy. Monetary policies by the government affect all sectors of the economy and have impacts on investment decisions, which concern undertaking or abandoning the project. Time value of money affects inflation, cost of capital, and macroeconomic stability, which in turn affects real options. The reason behind this is that the interest rate charged by the central banks affects the time value of money, thus exposing real options to political risks. Qualitative factors Real options are