Wednesday, October 30, 2019
How do the HRM practices at Great Wall fit together strategically Case Study
How do the HRM practices at Great Wall fit together strategically - Case Study Example For starters we are informed that Great Wall organized itself functionally. This implies that the organization is then better placed to accurately define its recruitment, training, rewards and staff retention policies for each area of concentration. Also, using the functional divisions Great Wall is able to utilize a decision-focused approach which is based on the three decision making levels, namely operational, managerial and strategic. Recruitment We are informed that staff that was recruited was chosen based on their experience and interpersonal skills. Experience enables them to add value immediately to Great Wall and this is important for the organization as it seeks to rise to the pinnacle of Asian golf resorts. Furthermore, unlike their competitors Great Wall hired senior managers from Asia who had a better understanding of the culture and social practices of the Chinese target market. Training Great Wall knew that for the organization to raise its profile to world class it w ould have to invest in training its staff to meet those world class standards. From Exhibit 4 in the case we can see how Great Wall differentiated the training offered to its staff based on their level. There was the mandatory training required for all staff and additional training offered to staff that was at supervisory level and above. This is in line with the decision-focused approach to HRM. ... Great Wallââ¬â¢s HR thus devised various informal and formal reward systems for managerial staff as well as rank and file employees. For example reward systems for rank and file employees included ââ¬Å"Employee of the Monthâ⬠which gave employees recognition as well as one monthââ¬â¢s salary as financial reward. On the other hand, the best caddies would receive both monetary and non-monetary rewards for superior service and performance, with the monetary rewards being issued quarterly. Staff retention Another major challenge that Great Wall faced as an employer in China stemmed from the migrant nature of the workforce. Even though its staff turnover was lower than the industry average, it was still higher than Great Wallââ¬â¢s desired level. The company knew that its ability to retain staff that had long-standing relationships with members was a key competitive advantage thus it had to lower its staff turnover. With this goal in mind, the organization used a combinati on of incentive plans such as putting in place both formal and informal reward systems, trainings, comfortable housing, medical plans and so on. How do the HRM practices at Great Wall support Great Wall's strategy? Corporate strategy is about what a company wants and how the company should go about to satisfy this want. To achieve its main goal the company employs a grand strategy. Grand strategies fall into three general categories which reflect what a companyââ¬â¢s overall goal would be namely: growth, stability or retrenchment. From the context of the case Great Wallââ¬â¢s grand strategy was to grow. The organization aimed to achieve this growth through placing emphasis
Monday, October 28, 2019
Case Study About Trust Report Essay Example for Free
Case Study About Trust Report Essay Trust is the ability to rely confidently, either on an individual or in this scenario the companyââ¬â¢s product. It is judged on three dimensions; namely, the ability to be technically competent, its benevolence, that is, the interests and motives, and, finally, the integrity. Positive judgment is a good reflect on the customersââ¬â¢ will to take part in the organizationââ¬â¢s dealings. This act may involve buying the companyââ¬â¢s products, investing in its stocks, or being an employee. In case any of the attributes become questionable, it may make the customers wary and reluctant in risk taking (Kourdi Bibb, 2007). Distrust in the organization may increase inefficiencies of innovation and damage relationships. Causes leading to the loss of trust Toyota Motor Corporation is a Japan based motor manufacturer. Its headquarters are in Aichi, Japan. This corporation was founded in 1937 and had been since among the best performing motor manufacturers and dealers in the world. With more than 3 billion yen as profit in a fiscal year, as per the financial report of 2013, Toyota could be said to be among what Forbes magazine would name the top 100 best corporations (Kourdi Bibb, 2007). Since the year 2004 to 2010, there had been several complains on Toyota Motors concerning engines and accelerators. On 28 August 2009, a tragic accident occurred in San Diego involving a family travelling in a Toyota Lexus. The car lost control and all the passengers died. Toyota, known for its impeccable repute for reliability and quality products suddenly had to deal with trust crisis. A deficiency in attributes that lead to trust of the companyââ¬â¢s products and services in form of a scandal can lead to instant lack of trust (Blackshaw, 2008). An effective response to a trust scandal or failure needs interventions that are aimed at curbing distrust andà rebuilding trustworthiness. Distrust regulation can be done through enforcing controls, conditions, and constraints to employees in order to rectify the failure. Intervening may require the removal of guilty parties, the change of the cultural norms of the organization, and introduction of new or the revision of incentives (Blackshaw, 2008). This is not sufficient. Statements and actions too are needed to demonstrate trustworthiness. Statements that show the companyââ¬â¢s compelling ability, integrity, and benevolence are required. Apologies, transparency, and ethical practice are required as well. How effective do you consider the taken mitigation actions? Effective repair of trust should undergo simple steps. The first is immediate response to Toyota Corporation belated communications; belated recalls and public apologies damaged its reputation more than the original accident (Liker, 2004). The company ended up losing its sales, investors, and market share. They also lost customer confidence. Toyota Company expressed concern by realizing a statement where they apologized to the family of the victims. It also pledged to carry out investigations. However, the company, regrettably, did not point out the possible causes. This seems like an effective immediate response but it is required for a company to point out to possible causes. Later, the floor mats were suspected to be the likely cause of two accidents that had occurred earlier, but this did not prompt the company into issuing a customer warning (Liker, 2004). They acted upon the suspicions five days after the analysis of the cause was confirmed. This was nineteen days after the fatal accidents. In order to rebuild customer, employee, and investor trust, Toyota Motors released a statement assuring their customers that the floor mats were in good conditions and safe. They praised them as being among the safest mats. This statement was later challenged by NHTSA who accused the company of releasing misleading and inaccurate reports. In a bid to save itself from further downfall, Toyota Motors reacted by giving a remedy to the sticky floor mats. This action caused discretion among investors who thought of the company to have had unclear motives when they released the first statement (Liker, Hoseus, Center for Quality People and Organizations, 2008). This further dented the trust of the shareholders. The mitigation process of the Toyota Company tookà a long time, hence more damage to be controlled. It was ineffective at the beginning, which was a blow to the shareholders. Although the company founder Akio Toyoda later sent out apologies and through the wall street journal expressed his commitment to reforming the company towards better and safe products with the aim of repairing the damage that had been done (Liker, Hoseus, Center for Quality People and Organizations, 2008). The company through the court compensated the family that had lost their relatives through the accident. This was a step to convey the companyââ¬â¢s acceptance of the guilt. Consequences of not addressing trust issues Failure to respond to issues and address the remedies publicly can lead to severe disciplinary actions on a company. These actions may include its termination and payment of fine; Toyota Company due to its sluggish manner of responding to the claims against its products was fined $16.4million (Pelletier, 2005). This is because the company failed to warn its customers thereafter. Toyota accepted its penance. Do you believe that the companyââ¬â¢s reputation can be re-build, or will they suffer the consequences also in the years to come? Despite the tarnishing of Toyota Corporationââ¬â¢s reputation, the customersââ¬â¢ and investorsââ¬â¢ trust will be rebuilt. The actions that the company undertook such as restricting the companyââ¬â¢s management team and procuring a new safety system have seen the company rise to becoming once again among the most profitable companies in the world (Pelletier, 2005). The company is rebuilding itself since the 2009 failure. It has had numerous innovations and recently announced mass hiring of employees. References Bibb, S., Kourdi, J., Bibb, S. (2007). A question of trust: The crucial nature of trust and how to build it in your work and life. London: Cyan. Blackshaw, P. (2008). Satisfied customers tell three friends, angry customers tell 3,000: Running a business in todays consumer driven world. New York: Doubleday. Liker, J. K. (2004). The Toyota way: 14 management principles from the worlds greatest manufacturer. New York: McGraw-Hill.Top of Form Top of FormLiker, J. K., Hoseus, M., Center for Quality People and Organizations. (2008). Toyota culture: The heart and soul of the Toyota way. New York: McGraw-Hill. Pelletier, R. (2005). Its all about service: How to lead your people to care for your customers. Hoboken, N.J: John Wiley Sons Bottom of Form Bottom of Form
Saturday, October 26, 2019
Student Sleep Habits and Their Grades Essay -- academic performance, sl
Introduction Sleep has always been a popular subject among humans. There have been many studies that examine sleep and its correlation with a wide variety of variables, such as depression, energy levels, and grades. Students, as a group, are widely studied. As the worldââ¬â¢s future leaders and thinkers, there is great importance placed on their achievements. In this study the effect of student sleep habits on perceived academic performance is investigated. Many things may affect studentsââ¬â¢ academic success among these variables are sleep habits. This study will look at sleep habits and grades to see if a significant correlation exists between the two. Sleep is an interesting subject and if a correlation between it and grades may be drawn, whether negative or positive, it will help to further educate and encourage more productive habits among the young and bright individuals that society relies upon. The public should care about the study because the impact is of a nature that could affect the community. Studies have previously been conducted about sleep and students. These studies cover a variety of variables including sleep length, inductive reasoning, preference in time of day, grade-point average, sleep quality, etc. (Escribano & Dà az-Morales, 2013);(Gilbert & Weaver, 2010). In one study researchers used Likert scales on a one to five platform to gather information (Gilbert & Weaver, 2010), and another on a one to four scale (Gaultney, 2004). Another study had a survey that asked for objective information such as exact grade-point average (Kelly, Kelly & Clanton, 2010). Yet another study used sleep logs and divided the students into a series of three classes based on their sleep habits (Tsai & Li, 2004). This stu... ...nces, Volume 55, Issue 2, July 2013, Pages 106-111, ISSN 0191-8869 http://dx.doi.org/10.1016/j.paid.2013.02.011 (http://www.sciencedirect.com/science/article/pii/S0191886913000809) Kelly, W. E., Kelly, K. E., & Clanton, R. C. (2001). The relationship between sleep length and grade-point average among college students.à College Student Journal, 35(1), 84-86. Ling-Ling Tsai, Sheng-Ping Li, (2004) Sleep patterns in college students: Gender and grade differences, Journal of Psychosomatic Research, Volume 56, Issue 2, February 2004, Pages 231- 237, ISSN 0022-3999, http://dx.doi.org/10.1016/S0022-3999(03)00507-5. http://www.sciencedirect.com/science/article/pii/S0022399903005075) Unknown. (unknown).à Table of critical values for pearson's r.. Retrieved on 11/17/2013 from http://www.radford.edu/~jaspelme/statsbook/Chapter%20files/Table_of_Critical Values_for_r.pdf
Thursday, October 24, 2019
Readers of his detective stories Essay
Readers of the Sherlock Holmes stories are captured by the excitement which is produced when Holmes and Watson foil the evil masterminded plans of criminals. Sir Arthur Conan Doyle creates all this excitements by using Holmesââ¬â¢ and Dr Watsonââ¬â¢s expertise in their field, as this is typical in the detective genre. An obvious place to start looking for this excitement is reading ââ¬Å"Case of Identityâ⬠. Excitement in this story is used to keep the reader interested. The excitement is created by Mary Sutherland getting such a large amount of money being left her as inheritance as that was a lot of money in the time that Conan Doyle wrote the story. The amount of money Miss Mary Sutherland gets from her inheritance left to her by her Uncle Ned is i 2,500 but she can only touch the interest which stands at four and a half percent a year, ââ¬Å"so large a sum as a hundred a year. â⬠This was a lot of money in the Victorian times for a single person this creates excitement as very few people had that amount of income without doing anything. Conan Doyle uses a strange happening to create excitement as the reader starts to think about the possibilities about what has happened a good example of this is when Miss Sutherlands fianci Mr Hosmer Angel disappears from the cab on the day of the wedding, ââ¬Å"we waited for him to step out, but he never did. â⬠It is not possible for a man to disappear from the face of the earth when people saw him get into the cab. This creates excitements for the reader as they start to guess what has happened to Mr Angel. Clues play the biggest part in the excitement in this story as the reader is able to figure out the culprit as the clues only point to one person, Mr Angel does not have an address as he sleeps on the premises of his work, the address of Mr Angels place of work is also unknown apart from the fact that it is in ââ¬Å"Leadenhall streetâ⬠. This meant all his letters were sent to the Leadenhall post office ââ¬Å"he slept on the premisesâ⬠this is strange as he has no where to live and he doesnââ¬â¢t want the letters to be sent to him at work. This excites the reader as the reader has to think about why he doesnââ¬â¢t want her to know where he lives. The way the characters act are a good example of how Conan Doyle creates excitement as Mr Hosmer Angel is a very shy man who does not want to be seen as he wears dark glasses and he talks on a very soft voice, ââ¬Å"he would rather walk with me in the evening. â⬠This is because Mr Angel does not want to be seen with Miss Sutherland so this creates excitement as the reader gets the feeling that there is something not quite right with Mr Angel and that he is secretive about some thing this will start to make the reader excited as they know something big is going to happen this is also a good way of using the suspense of the story to create the excitement. Conan Doyle creates a fair amount of excitement in ââ¬Å"The Boscombe Valley Mysteryâ⬠. Conan Doyle creates this excitement by using the argument between the father and son even though a father son relationship is hard to destroy. Seeing as he uses the strange argument between father and son ââ¬Å"having a violent quarrelâ⬠this makes the reader wonder why the father and son are arguing about, this creates tension for the reader as it gives them topic to think about this creates excitement as the reader is becoming involved with the story. This is because in Victorian Britain violent quarrels between father and son would not have been common things, this is because the Victorians have been classed as the most respectable and caring people in the history of Britain and the fact that there were large families. The lead form the violent quarrel leads to further events; this creates excitement because a son would not get to a point where he could kill his father as it would be as if he was destroying himself. This excitement is where the son found his father dead, the son heard the call of ââ¬Å"cooeeâ⬠to which his son turns round to see his father dead on the floor, a she goes to his father he mentions something about ââ¬Å"a ratâ⬠this was all that he caught of his fathers last words but he could have misheard what his father said, this sudden turn from the argument and the son walking away to the father being killed creates excitement as the reader would expect the son to have killed the father but the last words get the reader wandering about how the father died, and what is this rat. Conan Doyle creates excitement for the reader a tension build up as Holmes is about to reveal the murderer. The reader is excited as Holmes is about to unveil who committed the murder and he is doing this based purely on the last words of the old man ââ¬Å"a ratâ⬠. There is a large amount of tension as holes is about to say who committed the murder and there is a sudden burst form Holmes who reveals that the murderer was from ââ¬Å"Ballaratâ⬠. Ballarat is the name of an Australian gang and that the call of ââ¬Å"cooeeâ⬠was a native Australian call. This creates the element of excitement as the murderer is revealed. And the Murder was committed by ââ¬Å"Black Jack of Ballaratâ⬠. Sir Arthur Conan Doyle creates an element of mystery in ââ¬Å"5 orange pipsâ⬠when it is revealed that 5 orange pips have been sent to Elias Openshaw who lived in Horsham. The orange pips arrived in an envelope with a foreign stamp on it, ââ¬Å"5little dried orange pipsâ⬠the reader does not know what these orange pips are about so this creates a moderate amount of excitement for the reader as they wander what these orange pips are about.
Wednesday, October 23, 2019
Rejecting Barbie: Beyond a Perfect Size Six
ââ¬Å"Barbie Dollâ⬠by Marge Piercy explores the emotional pressure on women caused by societyââ¬â¢s ideals of feminine beauty. The poem is given a title after the well-loved doll from Mattel to show the type of features expected of a girl in order that she is considered beautiful. The other strengths of the girl in the poem are ignored in favor of physical attributes. Comparing women to what is considered a physical model of what is beautiful can destroy the individuality and self-worth of different types of beauty, including beauty that transcends the physical. Little girls are expected to play with dolls.The girl in the poem is said to be ââ¬Å"born as usualâ⬠(Piercy line 1) and ââ¬Å"presented dolls that did pee-peeâ⬠(Piercy line 2). She is either emotionally very feminine that she chooses what other little girls would play with, or she has been brought up in such a way that she is molded into the typical little girl. Everything is fine with the girl; she p lays with what other little girls play with and wears ââ¬Å"wee lipsticks the color of cherry candyâ⬠(Piercy line 4). Little children are too innocent to point out differences that only the brainwashed Barbie-loving society can tell.Robert Perrin believes that ââ¬Å"the ceremonial formality of presented, juxtaposed with the euphemistic word pee-peeâ⬠(Perrin 83) contribute to the poemââ¬â¢s meaning. It begins the poemââ¬â¢s use of irony, although in some way it is very feminine to be formal with some words and yet to refuse using other words which are considered to be too vulgar for a lady to say, like to urinate. So far, the main character is doing well as the society expects her. Puberty changes the little girlââ¬â¢s place in the societyââ¬â¢s favor.She may have healthy appetites and a keen intellect (Piercy lines 7-9), but she often feels the need to apologize for her facial features and weight (Piercy lines 10-11) that do not meet the standards of a beau tiful young woman in the eyes of society. In fact, it is very difficult to attain the standards of a life-sized Barbie equivalent; proportionally she will be about five feet and six inches tall, is 110 pounds, wears sized seven clothes and measures ââ¬Å"a top-heavy 39-18-33â⬠(duCille 9). To add to the young girlââ¬â¢s pressure, she does not possess the beautiful face and thin body of what is considered the average pretty girl.Her other, better, qualities are not even given the appreciation they deserve, even though she is basically a normal girl with something minor lacking, according to society (Frisk). For a young girl who is still seeking her place in the world, this is devastating. While she keeps on apologizing for her ââ¬Å"flawsâ⬠, the poem seems to apologize by also occasionally mentioning her good characteristics. Other people try to change the girl into something that she is not. She is being transformed to become someone who is supposedly a better person. ââ¬Å"She was advised to play coy, /exhorted to come on hearty, / exercise, diet, smile and wheedleâ⬠(Piercy lines 12-14). The changes are to be made on her physical features and also on her personality. This is to produce the stereotypical female: she not only looks good, she also has to behave in a certain manner, like baking cookies for her children so that they have something to eat when they arrive home (Schimone 79). This is the type of woman that the girlââ¬â¢s so called advisers want her to be: a charming woman with a ready smile but who does not act vulgar; instead, she must ââ¬Å"play coyâ⬠or act shy.The poet, Marge Piercy, on the other hand, believes that ââ¬Å"it wasnââ¬â¢t good enough for women to keep making the coffee and running the mimeo machines while the men were off on power trips on theory and leadershipâ⬠(Altman 6). Women must not be expected to fit into a mold. Instead, each womanââ¬â¢s individuality must be accepted and appreciat ed. Then, we are again introduced to irony, because compared to the impossibly proportioned Barbie doll, the girl is more capable of an intellectual conversation and a warm welcome. She is flesh and blood, while Barbie is an inanimate doll. Yet, the latter seems to garner more approval from society.It is indeed enough pressure to push a young girl to the edge. Other girls who have the same pressure develop illnesses like eating disorders. The unnamed girl in the poem develops depression as a result of hopelessness. This is evident in the line ââ¬Å"Her good nature wore out/ like a fan beltâ⬠(Piercy lines 15-16). This is the point at which the poem turns into a darker territory. The particular simile is used because when a fan belt does wear out, there is no way to move forward. This means that the girl has become so hopeless about her situation that she has decided to do something drastic.ââ¬Å"So she cut off her nose and her legs/ and offered them upâ⬠(Piercy lines 17 -18). These are lines that are so graphic and shocking that some readers interpret it as plastic surgery to somewhat decrease the shock of someone cutting herself. Some scholars, however, believe that the literal meaning is true because it is a logical precedent to the last stanza, where the poet talks about her funeral. Perrin believes that the girl does the cutting ââ¬Å"ceremoniallyâ⬠(Perrin 84), implying that she has done the cutting herself, and this is no plastic surgery.ââ¬Å"Unable to live up to the standards set by the dolls she is given, the children with whom she plays and the adults who urge her to diet, a girl-child sets out to fix her big nose and fat legs permanentlyâ⬠(duCille 8). Ann duCille focuses on the girlââ¬â¢s depression and ultimately, insanity, which enables her to harm herself for the sake of an ideal image that she is unable to reach. ââ¬Å"So the author, in a bitter, bitter touch of grotesque comedy, has her cut them offâ⬠(Frisk). Phillip Frisk also thinks that the cutting is literal, and a technique used by the poet to emphasize the magnitude of the girlââ¬â¢s despair.He thinks it is a form of grotesque comedy because the action is too extreme and disturbing. The act may be desperate but a plastic surgery may be dubbed as desperate as well. Either interpretation will emphasize the depths that the girlââ¬â¢s self-esteem has sunk into. The self-mutilation, however, is more deranged and is an extreme illustration of what breaking a girlââ¬â¢s self-worth can do. ââ¬Å"In the casket displayed on satin she lay/ with the undertakerââ¬â¢s cosmetics painted on/ a turned up putty noseâ⬠(Piercy lines 19-21). Again, there are different views on the preceding lines.It may still be interpreted that the girl has undergone plastic surgery and has ended up with a ââ¬Å"putty noseâ⬠or a nose that has been molded to the shape desired. However, yet again, the death is a logical consequence to violent s elf-mutilation, the literal interpretation of the girl cutting herself. ââ¬Å"The closing stanza presents an artificially serene view of the girl ââ¬â prepared by the undertaker with makeup, reconstructed nose, and a ââ¬Å"pink-and-white nightieâ⬠(Perrin 84). Perrin says that it is the undertaker that prepares the girlââ¬â¢s face for her funeral.The nose must be fixed so that it can at least be presentable when the girl is viewed in her casket by the mourners. Immobile, the girl is subjected to ministrations that are supposed to make her fit to be seen. She has become a Barbie doll dressed and made up to be aesthetically pleasing. ââ¬Å"Doesnââ¬â¢t she look pretty? Everyone said/ Consummation at lastâ⬠(Piercy lines 23-24). Finally, the girl achieves the compliments that she has always wanted to hear. It is ironic, and unfortunate, that this has not happened during her lifetime but happens instead during her funeral.According to Perrin, the onlookersââ¬â¢ comment on the dead girl provides a ââ¬Å"more disturbingâ⬠scenario (Perrin 84). He proceeds by criticizing the ââ¬Å"insensitivity ââ¬â and ultimate cruelty ââ¬â of a society that encourages patterned behaviors, that fails to recognize the innate values people possess, that creates artificial demands, and that perpetuates unhealthy expectationsâ⬠(Perrin 84). They have learned to appreciate the girl when she is dead and made up by the undertaker. It seems that they too believe that the girl is better off dead and pretty, than plain but healthy and alive.This is a self-absorbed society focused on what they believe a woman should be. The woman itself is not asked if she is still comfortable about the expectations and pressures attached to her very own femininity. She has to wait for other people to affirm her beauty and not make her own mind about what real beauty is all about. ââ¬Å"To every woman, a happy endingâ⬠(Piercy line 25). The poem ends in irony. It is difficult to believe that dying through self-mutilation can gather such a comment. The people seem to be unsympathetic.Instead, they think that the girl has gotten what she has always wanted. They do not stop to think that when the girl is still living, she would have wanted to feel more at ease with herself, with who she really is, rather than constantly try to please other people. She does get her peace, at last, but it has to be this tragic. ââ¬Å"Barbie Dollâ⬠by Marge Piercy is a reminder of the dangers of comparing women to idealized versions of the perfect woman and the value of appreciating a womanââ¬â¢s worth beyond her physical form.A woman is not just a body, but a complete bundle of the physical, emotional and intellectual. On the other hand, the Barbie doll figure may be attractive to some, but it is after all, only a doll. Women may have to endure dangerous physical alterations in order to follow this ideal. Therefore, it can be concluded that a woman i s not an object for men to enjoy watching, but she is her own person who can choose the path she wants to take. Works Cited Altman, Meryl. ââ¬Å"Lives on the Line. â⬠The Women's Review of Books, Vol. 19, no. 7 (April 2002): 6-7. duCille, Ann.ââ¬Å"Review: Little Big Woman. â⬠The Womenââ¬â¢s Review of Books, Vol. 11, No. 3 (November 1993): 7-9. Frisk, Phillip. ââ¬Å"Teaching Notes: Barbie Doll. â⬠Radical Teacher (Winter 1991). Perrin, Robert. ââ¬Å"â⬠Barbie Dollâ⬠and ââ¬Å"G. I. Joeâ⬠: Exploring Issues of Gender. â⬠The English Journal, Vol. 88, no. 3 (January 1999): 83-85. Piercy, Marge. ââ¬Å"Barbie Doll. â⬠22 November 2007 . Schimone, Anthony J. ââ¬Å"At Home with Poetry: Constructing Poetry Anthologies in the High School. â⬠The English Journal, Vol. 89, No. 2 (November 1999): 78-82. à ¤
Tuesday, October 22, 2019
Should Students Be Paid for Good Grades Essays
Should Students Be Paid for Good Grades Essays Should Students Be Paid for Good Grades Essay Should Students Be Paid for Good Grades Essay Essay Topic: 9th Grade Should pupils be paid for acquiring good classs? Yes. pupils should be paid for good classs. Harmonizing to Psychology Today the United States has fallen behind other states on cardinal steps of instruction and about? of pupils drop out before graduation. Experts point to inadequate motive as a key job. Too many pupils are bored by school or distracted by unstable household life or any figure of the other recreations that face pupils today. Of class acquisition has itââ¬â¢s ain wagess. but some pupils respond best to hard currency. If inducements for good classs can play a function in actuating larning so wherever possible. these hard currency for classs plans should be put into consequence. A major ground to pay pupils for good classs is that these hard currency inducement plans have helped low-income pupils stay in school and acquire better classs. Harmonizing to a survey released by the social-policy research group MDRC. hard currency inducements combined with guidance offered real hope to low-income and untraditional pupils at two Louisiana community colleges. The plan was simple: enroll in college at least half clip. maintain at least a Hundred norm and earn $ 1. 000 a semester for up to two footings. Participants were 30 % more likely to register for a 2nd semester than pupils who were non in the plan. And the pupils that were foremost offered the hard currency inducements were more likely than their equals to be enrolled in college a twelvemonth after they had finished the two term plan. Students offered the hard currency inducements in this plan did non merely inscribe in more categories ; they earned more credits and were more likely to achieve a C norm than nonparticipants. Although U. S. college registration has climbed. college completion rates have non. More hard currency for classs incentive plans may assist better upon the figure of college alumnuss among lower-income pupils. Another ground to pay pupils for their good classs is that it will promote pupils to take more ambitious categories in school and assist better their opportunities in acquiring into a better college. Harmonizing to a USA Today article some of the hard currency inducement plans in topographic points like Arkansas. Alabama. Connecticut. Kentucky. Massachusetts. Virginia and Washington pays tudents $ 100 for each passing class on advanced arrangement ( AP ) college-prep tests. These inducements will decidedly acquire pupils interested in theses AP classs and will assist them understand their value. This plan was modeled after another plan adopted in Dallas TX that saw AP class taking leap well. An analysis of the plan in TX found that it linked to a 30 % rise in the figure of pupils with higher SAT and ACT tonss and an 8 % rise in pupils who entered college. Paying these pupils to go through their AP test gives them the inducement to do the right determination and take the more strict category. It will learn them that if they work hard and have a batch of support they can make something they did non believe they could make. Another ground to pay pupils for good classs is that it will assist some pupils comprehend the value of working difficult in category and the value of an instruction. Some pupils understand the benefits of going the best hoops participant or the fastest path jock in the school. But what many pupils do non understand is the benefits of going a good pupil. Harmonizing to a U. S. News and World Report article. Roland Fryer a Harvard University professor. partnered with decision makers in 3 urban school territories to offer pupils money in return for their schoolroom accomplishments. Students of indiscriminately selected simple. center. and high schools in Chicago. Washington. and New York City can gain 100s or 1000s of dollars in a individual twelvemonth merely for being good pupils. In Chicago. Fryer helped implement an inducement plan for approximately 3. 750 high school freshers in 20 schools because concern was expressed about the high rate of pupils who drop out in 9th or 10th class. At the terminal of every five hebdomad scaling period. Green for Grades participants can gain $ 50 for every A. $ 35 for every B. and $ 20 for each C. Due to this plan 16. 000 first-year voluntarily returned to school one month early to have mentoring and academic support. The pupils that these plans are aimed at bash non needfully hold entree to grownups who have graduated from college. and they donââ¬â¢t needfully understand the value of an instruction. The point of these plans is to assist these pupils understand that there are many benefits to being a good pupil. non merely some green in their pockets. Whether it be Cash for Aââ¬â¢s. Green for Grades. or any other incentive plan for pupils these plans have proven to be great temptations to actuate acquisition for pupils of all cultural backgrounds and educational degrees. These plans have the capableness of assisting many pupils so there should be more plans like these more widespread across the U. S.
Monday, October 21, 2019
_Oedipus_Rex_Irony_Paper- Essays - Culture, Human Behavior
_Oedipus_Rex_Irony_Paper- Essays - Culture, Human Behavior Oedipus Paper The ancient Greek philosopher Aristotle developed a theory in regards to literature in a text known as his Poetics , which distinguished 6 categories of components that create a literary work and a tragedy. An ancient Greek tragedian by the name of Sophocles wrote a series of works and his literary work on the story of Oedipus Rex from the Theban Plays supports concepts outlined within Aristotle's Poetics. Aristotle established that the most important portion of a literary work was the plot and the structure of a story. He also proclaimed that a tragedy would be something which imitates an impactful action. This action is to have a specific magnitude that is conveyed through the use of artistic language and situations at various points during the developing plot. The most significant aspect of a literary work that identifies it to be a tragedy would be that once it begins to come to a conclusion one should feel pity and/or fear for the one who suffered through the trails of the story. The magnitude of the irony in Oedipus Rex is extremely significant to the development of the plot. At each stage Sophocles manages to exhibit each portion of story structure that was outlined in Aristotle's Poetics . In ancient Greece the philosopher Aristotle defined what he believed to be literature. In his definition he proclaimed the significance of simple and complex plots, hero, and catharsis to the production of literature. He established that of all these components the plot and structure of a story are the most significant aspect of defining a literary work determining that "Plots are either simple or complex...I call Simple, when the change of fortune takes place without Reversal of the situation and without Recognition", whereas Aristotle states that, "A complex action is one in which the change is accomplished by such Reversal, or by Recognition, or by both" Aristotle determined that every piece of work must follow a specific construction(Poetics X). A complex plot would be a story with a beginning, a middle, and an end with a Reversal in between the beginning and middle, and a Recognition in between the middle and end. In examining the Poetics section XI one may assert that a reversal is when a situation "veers round to its opposite", as it pertains to Oedipus Rex a reversal presents itself through ironic occurrences whether or not they are revealed at said point in the plot. Meanwhile, a Recognition is by Aristotle's standards "a change from ignorance to knowledge" which invokes extreme emotion. One is able to find this true in Oedipus Rex, and additionally is able to see that once one undergoes a recognition the recognition is of something that which is of the most ironic nature. Not only does the work of Oedipus Rex support Aristotle's theory of literature by displaying the characteristics that he defined as having a complex plot, but it does so through linguistic and situational irony at each stage of the development of the pla y. The structure and impact of Sophocles's literary work, Oedipus Rex, is significantly impacted by the irony within it. Aristotle said that a real; complex literary work has two major points within its plot. The reversal and the recognition. Both within Oedipus Rex are controlled by irony, on page 35 the situation within Thebes veers to its opposite when Oedipus himself is accused of being he who he sought "hear this: upon your head is the ban your lips have uttered-from this day forth Never to speak to me or any here. You are the cursed polluter of this land" the plots takes an ironic twist when evidence presents itself that would support that Oedipus killed Laius. This situational irony is significant to the development of the story because now Oedipus is presented with a conflict. He now must investigate to see if these rumors are true, and tensions rise now given that Oedipus must now subconsciously be considering what his consequence may be if he was in fact the doer of the deed. This ironic reversal supports Aristotle's theory because it creates the main conflict of the play. The story of Oedipus Rex continues to support Aristotle's theory
Sunday, October 20, 2019
Pros and Cons of Class Field Trips
Pros and Cons of Class Field Trips Are field trips worth all the time and effort required to make them successful? Most teachers have asked themselves this question at one time or another, typically when feeling overwhelmed as they prepare forà a field trip. The truth is that field trips at any grade level can cause quite a few headaches for teachers. At the same time, well-planned field trips can provide students with truly educational experiences they cannot get in the confines of the classroom. Following is a look at the pros and cons of field trips. Benefits of Field Trips Field trips provide students with new opportunities for learning through experience: Information is presented to students in a way that meets different learning modalities.à Field trips provide students with the ability to learn by doing instead of just passively listening to the information being taught in class.à Students are exposed toà new experiences that hopefully broaden their horizons. This can be especially helpful for students from lower socio-economic backgrounds who may not have been exposed to these opportunities before.à Concepts that have already been learned in the classroom can be reinforced. Sometimes seeing information being taught in a new way can make all the difference in student comprehension. There is quite a difference between being taught about something like hurricanes and wind speed and experiencing them in an exhibit at a science museum.à Students are provided with shared reference points that teachers can then refer to and use in future classes. There may be an opportunity to have two or more disciplines use a field trip as an enrichment activity. For example, a trip to an art museum (art) coupled with a timeline for social studies (political systems in place when art was created) or a combination math (measurements) with science in a biosystem (river, beach, meadow). That way, multiple teachers can then refer back to things that students saw and experienced for the rest of the school year.à Students and teachers can see each other in a different light, helping to increase communication between them. Some students who might be overlooked in class because they are quiet might really come alive on field trips.à If parents are involved as chaperones, they can feel more connected to the teacher and the lessons being taught. They can get to know the teacherà better and understand what teachers deal with daily.New standards in social studies and scienceà require students to have experiencesà related to concepts in the discipline. In social studies, students are required to take informed action.à In science, students need to be exposed to a series of concepts to help them to better understand the world around them. Field trips help teachers meet these objectives. Problems to Know In Planning a Field Trip There are a number of concerns and challenges that teachers face when designing field trips that must be recognized and addressed before planning a field trip. Field Trips take time if teachers want to make the field trip meaningful. Teachers have to coordinate locations and transportation. They also need to create an effective lesson plan that they will follow when on the field trip.à Students will be out of the school building for a field trip, which means they will miss other classes. If each core subject area (ELA, math science, social studies) offered one field trip during a school year, students would be out of the building for four days. School attendance policies may count these as excused absences, but any field trip that removes students from class reduces the number of classroom hours.à Field trips can be expensive, and some students may not have the funds to attend. Organizers of the field trip may consider asking for parents to add a few dollars to scholarship students. There may need to be a fundraiser for students to raise money for more expensive trips.Teachers have to organize the collection of money and the assigning o f chaperones. Teachers need to spend some time creating student groups that work for all students and ensuring that chaperones are assigned accordingly.à There is often red tape that teachers have to deal with as they plan field trips including permission slips, medical information, and emergency procedures. Schools typically require paperwork from teachers and their students.à Students will be placed in a larger environment than the classroom. New surrounding could possibly lead to additional discipline problems. Because the teacher typically only leads a small group, they cannot keep control over the behavior of every student on the field trip. It is very important that teachers enforce rules strictly and create effective consequences for misbehavior while on field trips.à The field trip destination might not live up to the teachers expectations. The location might not be as interesting as the teacher thought it would be. The time to complete the field trip might be considerably less than was expected. Therefore, it is a good idea to have some contingency plan in mind just in case.There may be students who, for one reason or ano ther, will not attend the field trip. Teachers must leave lessons, usually enrichment lessons, that mirror some of the concepts being experienced on the field trip. Feedback: One of the best ways to measure the success of a field trip (other than returning all students back to the school) is to ask for feedback. Teachers can post a survey for participants and for other chaperones to express how they would evaluate the trip. Students should have the opportunity to reflect on the trip and write a response in a journal or essay. Requiring journal responses after the trip can solidify the information learned as students reflect about their new understandings.à Asking students to write a thank you to the school principal for allowing the trip may even smooth the path to additional field trips.à All in all, most teachers feel that well-chosen field trip destinations are quite worth the hassles associated withà field trips. The key is taking the time to plan each aspect as much as possible.à Teachers must be proactive when thinking about and planning field trips. Students, on the other hand, may remember the experience of the school field trip as a highlight of the school year, and the time they learned more than anything taught in class.
Saturday, October 19, 2019
Legionella Pneumophila Essay Example | Topics and Well Written Essays - 500 words
Legionella Pneumophila - Essay Example On the basis of similarities Legionella pneumophila is classified under Kingdom Procaryotae (Bacteria), Phylum Proteobacteria, Genus Legionella, and Species Pneumophila (Engelkirk and Burton, 2007). Legionella pneumophila consisting of 32 identified species are globally found in natural water sources like lagoons, rivers, and streams, and in artificial habitats like air-conditioning systems, chilling structures, evaporating compressors, whirlpools in spas, hot tubs, shower heads, humidifiers, tap water, distillation systems, decorative fountains, misting devices, dust, people, and soil. The microorganisms may be transmitted by direct contact with the infected person, inhalation of dust where the spores are, or direct contact to the identified reservoirs (Engelkirk and Burton, 2007). The pathogenicity of the species was confirmed by the Center for Disease Control and Prevention of the United States of America in 1977 after a year of having infected a host of victims temporarily living in Philadelphia Hotel in 1976. The pathogens were confirmed to have come from the vent of the hotel's airconditioning system (hydrosense(R), 2009). Legionnaire's disease was the name given to the infection caused by the bacteria Legionella pneumophila.
Friday, October 18, 2019
Corporate Social Responsibility and its Importance in the Retail Essay
Corporate Social Responsibility and its Importance in the Retail Sector - Essay Example As the report explores the very core purpose of any business, besides sustenance and profitability, happens to create and keep adding value for the customers. A retail chain in particular needs to take into account the changing needs and requirements of the customers, depending upon the changing environment, food habits, time management, availability of alternates in the market, increasing awareness about environmentally friendly goods and services etc. This way they can earn the loyalty of the customer while successfully attracting more customers. Customerââ¬â¢s reaction to the product/ services is largely based on the customerââ¬â¢s feelings, which are subjective in nature. This discussion declares that Retail Business requires managing a broad range of retail skills in the areas of customer sales and service, promotion & advertising, store layout, visual merchandising, economics & accounting, marketing, buying from suppliers, inventory control, and human resource management. As the marketing and industrial activities are growing around the world, imbalance in many forms is on an increase, which is threatening the very existence of the social fabric that we live in. In order to protect the social fabric, the nature and the interests of human beings, companies, organizations and individuals are supposed to take care of their social responsibilities in different measure. Companies in retail sector being in direct touch with the customers and the society often find it obligatory on their part to take care of the social needs as well.... Retail Business requires managing a broad range of retail skills in the areas of customer sales and service, promotion & advertising, store layout, visual merchandising, economics & accounting, marketing, buying from suppliers, inventory control, and human resource management. As the marketing and industrial activities are growing around the world, imbalance in many forms is on an increase, which is threatening the very existence of the social fabric that we live in. In order to protect the social fabric, the nature and the interests of human beings, companies, organizations and individuals are supposed to take care of their social responsibilities in different measure. Companies in retail sector being in direct touch with the customers and the society often find it obligatory on their part to take care of the social needs as well. Though it is not obligatory on an organization that it should come forward to help out the society, but in order to reach out to the customers, earn the g oodwill of existing as well as prospective customers, and to be seen as an organization indulging in ethical business practices, companies do come forward to help the society and fulfil their corporate social responsibilities. Research Questions and Objectives This study is primarily being undertaken to study the corporate social responsibility aspect in general and the manner in which retail sector is fulfilling its social responsibilities. During the study an effort would be made to study some of the reputed retail sector companies like Tesco, Marks & Spencer, Primark, Wal-Mart etc. While broadly analysing their business proposition and market share an effort would be made to sift through the corporate responsibility statements and activities being taken
Describing the leadership style of someone you respect Essay
Describing the leadership style of someone you respect - Essay Example Leadership is about how one overlooks personal interest to satisfy the needs of an organization and its workforce. This is exhibited prominently by Bobbi Quick, the former VP of operations at the Member Service centre where I work. Leadership is about what one thinks of themselves and the self-image one presents. Tracy Brian emphasizes this in the assertion ââ¬Å"If you want to be a leader or a better leader, remember that itââ¬â¢s all up to you. Itââ¬â¢s in your hands, or, even more important, in your mindâ⬠(Tracy 7). Quick has unceasingly demonstrated the ability to lead effortlessly and exemplary. Firstly, there exists an inherent belief to be a great leader that has in point of fact become a reality (Tracy 56). Self-confidence and the desire to lead are integral components that I admire in Quickââ¬â¢s form of leadership. Bobbi Quickââ¬â¢s approach to governance characterizes transactional leadership. A transactional leader is one who organizes people to realize a set objective. To some extent, a transactional and transformational leader presents similar characteristics. Quickââ¬â¢s basis of power is based on the interests of the workforce and their adaptability to the work setting. She has such high energy and really gets individuals excited to work for her while making one feel their contributions to the business really matter. In the main, it is her personality that fuels the remarkable association she has with the workforce. To a great extent, she reminds me of Groucho Marxââ¬â¢ quote, ââ¬Å"Only one man in a thousand is a leader of men -- the other 999 follow women.â⬠It is nearly impossible to such a leader who not only leads but also inspires and influences the workforce. This sentiment is echoed by Alan Murray, who posits that leadership is about adapting to the situation at ha nd and the requirements of the people involved. The influence that Bobbi Quick has in my life is
Thursday, October 17, 2019
Summary of a chapter Essay Example | Topics and Well Written Essays - 250 words - 1
Summary of a chapter - Essay Example Brownââ¬â¢s God and Igbo gods but Mr. Brown responds as if he does not feel the need to support the claim. This response shows that he believes communityââ¬â¢s religion does not require an explanation and is just correct. For instance, when Akunna says: ââ¬Å"â⬠¦or Chuckwu (Whittaker and Msiska, pg 129). He appoints the smaller gods to help him because his work is too much for one person.â⬠which Mr. Brown replies angrily and becomes disrespectful to Akunna. Hence, Mr. Brownââ¬â¢s disrespectfulness is not intentional but to persuade the people to change to Christianity. The villagers do not understand the Christian faith since they did not know more about the white men.This happens Okonkwo is resistant to the onset of the missionaries as they tend to undermine the communityââ¬â¢s life long culture to please it gods and ancestors. This feeling of absolute betrayal is seen in Okonkwo when his son Nwoye transfers and joins the missionaries. This is evident by the quote, ââ¬Å"The white man is very clever. He came quietly and peacefully with his religion. We were amused at his foolishness and allowed him to stay. Now he has won our brothers and our clan can no longer act like one. He has put a knife on the things that held us together and we have fallen apartâ⬠(Whittaker and Msiska, pg129), Nwoye however, sees the whites as more compassionate so he finds understanding them easy. Therefore, the new converts are seen as outcasts and that lack of understanding between the remaining people of the tribe is seen as the matter holding the community apart. If both groups were willing to agree and comprehend one another then there would be more improvement (Whittaker and Msiska, pg129). But this cannot happen since; both the tribe and the missionaries have diverse perceptions on the one true god. Eventually, the clan has a big problem in understanding the Christian beliefs because they have conformed to untouched tribal existence for a long time. In
Report on Religious Field Research Essay Example | Topics and Well Written Essays - 1250 words - 2
Report on Religious Field Research - Essay Example Millions of people in America and the entire world practice Christianity (Dyet, 2006). Being the most popular religion in the world, there are various misconceptions about Christianity, some of which I personally held for so long. This research gave me a great opportunity to try and understand the Christian Religion and try to get answers to the queries I have had about Christianity for a very long time. Most Christians also hold other prejudices against other religious groups, which has led to religious discrimination and wars in areas dominated by one religion (Driscoll, 2009). In order to understand the Christian Religion, I attended a Christian prayer service at a Baptist Church, where I interacted with the Christian community in the church as they helped me understand the basic foundations of Christianity. I managed to have a small discussion with a few Christians in the form of an interview to help clear some of the prejudices I had towards their religion. After a lengthy discu ssion, I was able to understand the Christian religion and change some of the false impressions I had about this religious group. One of the biggest misconceptions I had concerning Christianity is how a Christian Worship Service is mainly centered on teachings about how bad other religions are. I had always believed that Christians are taught to despise other religions (Driscoll, 2009). This is a misconception I had held since my childhood days during my interactions with Christian who held very contempt views on other religions. I was made to believe, from their views, that they were taught such kind of ideas in their churches during worship services and Christian teachings. After attending the Service in a Christian Church, I was able to change this misconception. This was after carefully listening to the message and the sermon of the Preacher. His message was mainly centered on love for one another, understanding and mutual respect and coexistence (Driscoll, 2009). The Preacher e mphasized the point that God created people in his own image and therefore every human being should be loved as he or she represents the image of God Himself. He also stated that it is through loving one another that people express their love for God, and that is how they shall be able to get to heaven (Dyet, 2006). According to the Bible, God created all humanity, so it does not matter the religion one belongs to (Driscoll, 2009). The main point is that all human beings belong to God, and should be loved and respected. After listening to such messages, I had to change my view on Christianity and reduce my prejudices regarding how they treat other religions. I was surprised to find out that Christianity is such a welcoming religion, whose main message is based on love for God and for one another. The other misconception I had regarding the Christian religion before this encounter was that Christians hated other religions simply because they were not believers in Christ Jesus. This p rejudice kept me off from mingling freely with Christians because I could not trust the motives of some of them, just because I was not a follower and I felt they hated all non Christians and treated them like non believers who do not deserve to live. This misconception denied me so many opportunities of making Christian friends and mixing freely with other people and sharing ideas. In the course of this research on religion, I was able to come across some very challenging
Wednesday, October 16, 2019
Summary of a chapter Essay Example | Topics and Well Written Essays - 250 words - 1
Summary of a chapter - Essay Example Brownââ¬â¢s God and Igbo gods but Mr. Brown responds as if he does not feel the need to support the claim. This response shows that he believes communityââ¬â¢s religion does not require an explanation and is just correct. For instance, when Akunna says: ââ¬Å"â⬠¦or Chuckwu (Whittaker and Msiska, pg 129). He appoints the smaller gods to help him because his work is too much for one person.â⬠which Mr. Brown replies angrily and becomes disrespectful to Akunna. Hence, Mr. Brownââ¬â¢s disrespectfulness is not intentional but to persuade the people to change to Christianity. The villagers do not understand the Christian faith since they did not know more about the white men.This happens Okonkwo is resistant to the onset of the missionaries as they tend to undermine the communityââ¬â¢s life long culture to please it gods and ancestors. This feeling of absolute betrayal is seen in Okonkwo when his son Nwoye transfers and joins the missionaries. This is evident by the quote, ââ¬Å"The white man is very clever. He came quietly and peacefully with his religion. We were amused at his foolishness and allowed him to stay. Now he has won our brothers and our clan can no longer act like one. He has put a knife on the things that held us together and we have fallen apartâ⬠(Whittaker and Msiska, pg129), Nwoye however, sees the whites as more compassionate so he finds understanding them easy. Therefore, the new converts are seen as outcasts and that lack of understanding between the remaining people of the tribe is seen as the matter holding the community apart. If both groups were willing to agree and comprehend one another then there would be more improvement (Whittaker and Msiska, pg129). But this cannot happen since; both the tribe and the missionaries have diverse perceptions on the one true god. Eventually, the clan has a big problem in understanding the Christian beliefs because they have conformed to untouched tribal existence for a long time. In
Tuesday, October 15, 2019
Person who made substantial contributes to or signifcantly employed Essay
Person who made substantial contributes to or signifcantly employed economic principles - Essay Example Misesââ¬â¢ relentless accounts of economic phenomena all led to a singular conclusionââ¬âa recurring theme throughout his greatest treatises that ââ¬Å"the only viable economic policy for the human race was a policy of unrestricted laissez-faireâ⬠¦ with government strictly limited to the defense of person and property within its territorial areaâ⬠(Rothbard). In the face of growing tides of statism and collectivism running through economic philosophies of his contemporaries in the first quarter of the 20th century, Mises remained resolute in his insistence upon a free, uninhibited marketplace. But aside from his heterodox views, Mises made significant contributions to economics as a universal discipline, among which are the three (a monetary theory of the trade cycle, a priori epistemology, and the impossibility of rational economic calculation in a socialist economy) to be discussed here. The first of these contributions was, of course, his monetary theory of the trade cycle. By this theory, introduced in The Theory of Money and Credit, he states that ââ¬Å"whatever constitutes money in a market must originally have derived its value from a non-monetary useâ⬠(North, 2001). This theory is a so-called ââ¬Å"regression theoryâ⬠in the sense that it makes a statement about the beginnings of moneyââ¬â¢s use in society. Misesââ¬â¢ theory of money formed the basis of F. A. Hayekââ¬â¢s 1974 Nobel Prize, ââ¬Å"awarded forâ⬠¦ pioneering work in the theory of money and economic fluctuations and forâ⬠¦ penetrating analysis of the interdependence of economic, social and institutional phenomenaâ⬠(Machlup, 2003, p. xv). A piece of this Misean theory of money is the observation that money is not pursued for its own sake, but rather in pursuance of purchasing other goods, and business cycles are the inevitable result of unbacked expansions of cred it. Because, as the theory goes, money is not an
Monday, October 14, 2019
Consistency concerning Essay Example for Free
Consistency concerning Essay In my StrengthsFinder 2. 0 evaluation, I found a lot of patterns about myself which I believe to be true. My top five themes are Consistency, Relator, Arranger, Harmony, and Significance. Since I am an extrovert, I find the description under Consistency concerning the need to treat people equally to be especially true. I enjoy being around a lot of people, especially a large group of friends and I enjoy doing group projects and find them to be completed much more efficiently than if I was doing them by myself and alone. In fact, since I am good at delegating tasks, I find that group projects can be completed far more efficiently if I am in the role as leader. In this way, I can treat everyone equally and be especially fair in equal task performance. Also, since I feel comfortable making sure everyone is treated fairly, I tend to notice when people are being treated with bias. Being a Relator definitely ties in with my extroversion. I love people and I love being around people. I identify with the characteristics described in my Relator profile, because I really do enjoy getting close to people and I tend to spend a lot of time focusing on personal intimate activities which would help us share closer bonds. In fact, one of my driving forces is to develop air-tight relationships with my friends and lifelong bonds. I am still close friends with people I knew in grade school, and I tend to strive toward that goal with others even today. The Arranger theme specifies that not only am I an organizer, but that I have the flexibility to arrange all of the pieces of my life for maximum potential. I especially find this to be so during a group activity. Rather than delineating tasks to random people, I enjoy knowing and applying their different strengths to each task. I tend to categorize people and specify tasks to order, so that everyone is not only doing something which they are good at, but which they also enjoy. I feel that this builds a group focus, where everyone is appreciated for their strengths and where everyone gets an equal voice. I enjoy building group harmony, so that we can grow together, rather than away from each other and separately. This kind of leads into the next strength I have: Harmony. Not only do I enjoy a wide variety of people, but I really enjoy finding common ground between them and mixing them together. In fact, I get a real kick out of making friends between two people who ordinarily would never cross paths. I have a little bit of a reputation among my friends as the arbitrator of our groups, because I really like to focus on how we can all just along peaceably and enjoyably. Though it may seem like I enjoy conflict because I am constantly putting widely different people together, the truth is, I only enjoy doing this if I believe that I can bring some balance between them and if I think that they have enough in common to get along. My category of Significance: This leads back to my extroversion and leadership roles among groups. I enjoy taking credit for a job well done, and even though I enjoy for everyone to get equal credit, I really like being the center of the spotlight sometimes. Also, because I am so often around a group of people, one of the ways I enjoy gaining and retaining significance is by being the arbitrator between people. I enjoy it when other people ask me for advice and help with their personal or social problems. Not only do I feel qualified and adept at handling these problems, but I get a rush from being the one who they ask to assist them. I like being the one who everyone runs to for help, I guess because I feel needed and wanted, and also because it means that my attempts to draw closer to their personal lives were successful. I feel like I am an accepted part of the group if I remain qualified to help each individual with their lives.
Sunday, October 13, 2019
Power In Discourse Includes Powerful Participants English Language Essay
Power In Discourse Includes Powerful Participants English Language Essay Introduction: Norman Fairclough, observes that there is a correlation between unequal power relations and the way language is used. In this essay, Im going to comment on language and power in analyzing discourse. Ill discuss different encounters that display power in discourse. Therefore, I categorize areas of constraints enacted through discourse and Provide examples of language indicators of power in the quoted discourse. Power in discourse includes powerful participants who control contributions of non-powerful participants. Constraints of speakers contributions have three types; Content: what is said or done. Relations: Social relations involved in discourse. Subjects: Subject positions which people can occupy. Ive chosen an encounter which displays power in discourse as a conversation between members of a family about buying a new house in Kuwait; 1.Husband: I think about buying a new house.Thus,I d like to ask about your opinions. 2.Wife: A good idea but you should think about which are and location rather than size of the housev or number of rooms. 3.Husband: Which area do you prefer? 4.Wife: internal areas such as Shweikh or Abdallah AL-Salm. 5.Husband:(angrily)Are you crazy?Dont you know that the house costs one million dinar in this area but we have got only one hundred fortyà ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦ 6.Wife: What about other areas such as AL-Rawda,AL Sora,AL-Odyleyaà ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦.. 7.Husband:I told you that we dont have price of one house in these areas as the smallest one costs about one hundred seventy but we need a large house containg three rooms at least. 9.Sarah:(the oldest daughter) I need a private room as Im a university student and cant study with my little daughters.Thus,we need gour rooms at least. 10.Ahmed(the oldest son): I also need a private room. 11.Abdallah and Abdalaziz(twins):we alsop need a private room and dont like to change our school where we have all our friends.What about buying in this area? 12.Wife:(angirly) you will go to a better school and make new friendships. 13.Husband:What s your opinion,my parents? 14.Grandfather: what can I say as you decided to desert us? 15.Father:No,father,you will come with us. 16.Grandfather: I wont leave my house. 17.Grandmother: I wont leave my house.how vabout staying with us as the house is very large. 18.Wife: What about selling your house inorder to be able to buy a large house in luxurious areasà ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦Ã ¢Ã¢â ¬Ã ¦. 19.Husband: I dont admit that as it is unfair to my brothers so Ill buy a house at our expenses only. 20.Ahmed:Dewanya is the most important place inh the house where all men meet,isnt it? 21.Father:Yes,it is very important. 22.Wife:(angirly)Where willyou build a house? 23.Husband: May be,in Said Al-Abdalah 24.Wife:(exclaiming),in Al-jahra.Ive never visited it.What can I say to all friends and relatives. 25.Husband: It have decided to do that. 26.Grandfather: You can stay with us after we reconstructed our house as we cant live without you. 27.Grandmother:It is good.Then,you can stay here , wont change your schools and have your private rooms. 28.Wife:It is agood idea.Then,we can do business to get more money and buy the house which we like,cant we? 29.Daughters and Sons:It is great father,we will stay with gramndparents and wont change our school. 30.Husband: Ill think about this idea. Father, as a power holder, exercises control over contributions of all family members in conversation as follows; In the opening turn,father,as a power holder in the house, announced to other members of the family what he is thinking about and identify their contributions in this subject Id like to ask about your opinions..In turn(1)He told them that he needs to know their opinions about buying a new house so he allows them indirectly to start talking and participate in such a conversation. Again in turn(13),father practices control of power over discourse when he asks his parents to tell their opinions What s your opinion,my parents?.However,he gives equal instructions to all participants to tell their opinions explicitly about buying a new house but when he notices that grandparents are silent, he asserts his desire to know their own opinions in turn(13).Father evaluated a lot of contribution from other members of the family in turns(21) explicitly when he asserted the importance of Dewanya Yes, its very important as his son suggested and in turn (30) implicitly when he decided to think about this idea. Father used positive evaluations in order to encourage other participants to continue their contributions in conversation. These are considered as arrogant if father address equal partners or more powerful ones. Wife made series of questions in turns(6),(18),and (22) which indicates that wife fails to master power in discourse. This is an appropriate tactic to maintain a lot of control on conversation as he asks most questions which all members of the family answer and express their disagreement on some suggestions or ideas concerning a new house. Family members answers show that they adhere to rights of conversation.However,some people cant imagine that father as a power holder can be asked and answer questions in turns(7),(15) and (19).Thats because father provides some space to other members of the family to make conversation continue on longer term. Obligations of family members to contribute in conversation are emphasized in turns (14),(23) and (26) by a pause(marked by a space dot) where there is a brief silence in which all eyes are on this participant who are responsible to tell his opinion. In turn(5),father uses a negative question Dont you know that the house costs one million dinar in this area but we have got only one hundred fortyà ¢Ã¢â ¬Ã ¦which may be dependent on intonation or other circumstances of discourse. This question as if father suggested something before and wife contrasts this suggestion so his negative question makes his wife to look silly.Finally,in turns(25) and (30),father uses short sentences which seems to be hardly spoken as if he would like to end conversation as a power holder because he reaches his final decision concerning buying a new house or not. Question tags are used in (20)isnt it? and (28)cant we? which refers to the speakers suggestion but others may seem to disagree these suggestions. Question tags are used depending on intonation and other factors which affect conversation stream. Interruptions and overlaps occur in turns (6),(7) and (14) as constraints on content, relations and subjects arent well adopted. Wife and husband interrupted each others in these turns as if father fails to master power in discourse. Relations and subjects of the conversation are closely related as all these interruptions occur in the conversation. We have all types of constraints in this example. Concerning content, family members are required to tell their opinions about buying a new house. Relations are social between father and other family members. Subject positions include an aspirant father and other members of the family including grandparents. These constraints lead to particular forms of language. All constraints on discourse, whether content, subject or relation, dont appear to have direct control of power in discourse on other family members who participate in this conversation. When we examine conversation continum,we notice that father is the only responsible for giving all directive acts of speech particularly questions to other members of the family who are obliged to answer or at least give their opinions to father as a power holder over discourse. Family members play the role of fathers subordinate who must contribute by their views about topic of discussion which is buying a new house. Father doesnt control the discourse directly but family members are already constrained by conventions of discourse type which is previously identified. Although, father is a power holder who determines which discourse can be admitted, other powerful participants, such as a wife, can produce directive speech acts particularly making questions as what occurs in turns (6),(18) and (22) so wife as a powerful participant can indirectly constrain the participants by selecting the discourse type. The most important constraint is self-constraint as all participants adhere to conventions of discourse whether powerful or non powerful participants.However,father as the most powerful participant manages to master discourse very skillfully and provides space for other non-powerful participants to make their contributions or even interruptions in different degrees and distances. In turn(6),wife interrupts father not because she would like to do all the talking or control discourse but because she would like to relieve fathers anger from her previous contribution in conversation.However,in turn (7),father interrupts wife in order to control her co ntribution in the conversation as a power holder who has the right to practice power in discourse over other family members particularly his wife who should give correct participation as he expects. Power in discourse or behind discourse isnt always attributed to a particular person or social groupings. On the other hand, power may be lost or won in the discourse according to social struggle.People,who dont hold power usually look forward to gaining sources of power. This applied to0 the speakers at different levels whether situational, social or institutional. Let us begin with a text where struggle is clear in an interview between a student(S) who is accused of making trouble at school and a teacher(T); 1.T: Why didnt you leave school at 2 p.m? 2.S: I didnt use to leave school immediately at 2.p.m. 3.T: Why is that? 4.S: That is clear, isnt it?I,m waiting for may classmates to go together. 5.T: Well. There arent any students at school at that time, are there? 6.S: No, none of students are there at that time, are they? what about .students who were collecting there? 7.T: That was last year.However,Iamnt convinced that you are innocent as you said.Hence,did you go to the court instead of going straight home? 8.S: I thought that my classmates might come to the court.Anyway,we usually meet at the court. In this conversation, the teacher exercises control over students contributions. They both adhere to rights and obligations of discourse which readers or listeners can expect in such an interview.However,I dont expect that a student asks a question and a teacher answers. Audience may expect that teacher exercises more control over discourse than all people expect. He tends to exceed his discourse rights and doesnt adhere to his obligations.Firstly,the student challenges teachers questions in two occasions(turn 2 and 4),instead of answering teachers questions directly.However,the student provides an answer to a question implicitly in (2) and introduced it after he challenges the teachers question in (4).In addition in (6),the student asks a question which the teacher answers as all listeners or readers dont expect. On the other hand, a student gives an answer in turns (6) and (8) which is irrelevant to what the teacher wants to know.However,all expect that the teacher can force the st udent to requirement of an interview or which should have a relatively formal setting but he deals with a teacher as a peer. It is evident in a students vocabulraystudents,collecting,the court,meet.Audience thinks that a student who uses these vocabulary Must be influenced by the interviews setting,occasion,power and distance which separates him from the teacher. The teacher maintains a lot of control on an interview as he asks most questions which the student answers fairly with some complaint. The students answers indicate some adherence to rights and obligations of conversation., The teacher, as a power holder, yields some ground to the student in order to pursue a strategy of a long term. This may be an interpretation of the teachers failure to immediate challenge to the students questions but he answers them and let his challenge pass as he accepts it. This example shows how a social struggle of power between a student who shows that he isnt affected by school authority as he challenges conventional constraints of discourse in such situations. There are three levels of social organisation;situational,institutional and societal. We have described what is going on a situational level.However,we havent a adopted a social pattern to which a student belongs to the same class of society as all young people so the teacher uses appropriate tactics which are standard for dealing with all individuals of his class. At institutional level, law and the family are similar institutions which shows the same struggle between young people as a social struggle at an institutional level as the school can be considered as a social institution. Power in discourse or behind discourse isnt always attributed to a particular person or social groupings. On the other hand, power may be lost or won in the discourse according to social struggle.People,who dont hold power usually look forward to gaining sources of power. This applied to0 the speakers at different levels whether situational, social or institutional. Conclusion: In conclusion, some speakers have power in discourse as they exercise control on other participants of discourse. discourse is seen as a place where speakers exercise relations of power. On the other hand, power behind discourse is related to how relations of power constitute discourse order in society. Power cant be held by definite persons for ever but it is won and lost through social struggle. In my opinion, there is continuous inequalities between people, there is always power in discourse, power behind discourse and social struggle in discourse.
Saturday, October 12, 2019
Free Raisin in the Sun Essays: A Happy Ending :: Raisin Sun essays
A Happy Ending for A Raisin in the Sun à A Raisin in the Sun is about a black family stuggling through family and economic hardships. The story ended as the head of the family Walter took control, became a family man, and rejected an offer from a white businessman to stay out of a white neighborhood and to stay with all blacks. This offer disgusted the Younger family and hurt their black pride. I would like in my own words to continue this story as I see it fit to occur. Three changes I would make would be is Walter is forced to take action against segregation, the grandmother passing away, and how the blacks finally became accepted and began to enjoy and be proud of where they live. à As the Younger family moves themselves into a white suburban neighborghood the whites in the community are upset that they have come to be with them. Their direct neighbors who have a son that is Travis's age no longer lets her son play with Travis and he become hurt and confused. Walter has to explain that many people that are white beleive that they are better then those who are black. Travis who is stay in dismay and is confused waits at home while Walter goes over to the neighbors house to talk to them about what has happened. Walter is, in good reason, very angry and annoyed by the racist whites. He goes over and at first tries his best to stay calm over the situation. The white father then says, "Listen, if I ever see your son with mine, I will througth that little black spoiled brat back into your yard." Walter becomes enraged and hits the man directly in the face as hard as he can. This brings an upraw amongst the Youngers and the entire community. Thus bringing the whites, even those who weren't before, totally against the Younger family. After the eventual calming down of the community and the lowering of racial tensions of the blacks against the whites, grandma Ruth who paid her own $10,000 for the house they live in dies in her sleep, but in the hapiness of knowing her family can get along by themselves. Free Raisin in the Sun Essays: A Happy Ending :: Raisin Sun essays A Happy Ending for A Raisin in the Sun à A Raisin in the Sun is about a black family stuggling through family and economic hardships. The story ended as the head of the family Walter took control, became a family man, and rejected an offer from a white businessman to stay out of a white neighborhood and to stay with all blacks. This offer disgusted the Younger family and hurt their black pride. I would like in my own words to continue this story as I see it fit to occur. Three changes I would make would be is Walter is forced to take action against segregation, the grandmother passing away, and how the blacks finally became accepted and began to enjoy and be proud of where they live. à As the Younger family moves themselves into a white suburban neighborghood the whites in the community are upset that they have come to be with them. Their direct neighbors who have a son that is Travis's age no longer lets her son play with Travis and he become hurt and confused. Walter has to explain that many people that are white beleive that they are better then those who are black. Travis who is stay in dismay and is confused waits at home while Walter goes over to the neighbors house to talk to them about what has happened. Walter is, in good reason, very angry and annoyed by the racist whites. He goes over and at first tries his best to stay calm over the situation. The white father then says, "Listen, if I ever see your son with mine, I will througth that little black spoiled brat back into your yard." Walter becomes enraged and hits the man directly in the face as hard as he can. This brings an upraw amongst the Youngers and the entire community. Thus bringing the whites, even those who weren't before, totally against the Younger family. After the eventual calming down of the community and the lowering of racial tensions of the blacks against the whites, grandma Ruth who paid her own $10,000 for the house they live in dies in her sleep, but in the hapiness of knowing her family can get along by themselves.
Friday, October 11, 2019
The dotcom bubble and the stock market fall in 2000-2001
Summary of the main points covered in my essay. How did the dotcom bubble burst contribute to the economic crisis of the 2008? Could we expect the similar crisis and how can it be prevented? What are the lessons that should have been learned from the dotcom crisis? When the global financial crisis occurred in 2008, both experts and general public started heated discussion as everyone was eager to identify the reasons for such a calamity. It is clear that nothing happens with no reason at all. Let's consider the famous speech1 of Ben Bernanke, who is the Chairman of the Federal Reserve System. In that testimony he tried to explain the causes of the recent financial and economic crisis to the Financial Crisis Inquiry Commission, highlighting the vulnerabilities in different sectors of economics. The idea of inadequate risk-measurement that he focused on is very important for us, as this particular issue makes the recent crisis akin to the dotcom bubble we are about to examine in detail. (The same idea is one of the major issues of the next Ben Bernanke's speeches, where he underlines the importance of reasonable risk management and possible destructive effects of being too optimistic about the future of the economic system). To sum up, experts claim that flaws in evaluating the perspectives of new technologies in the 90ies caused the dotcom bubble burst in 2000, while the inadequate risk-measurement of the financial instruments connected to mortgages led to the global financial and economic crisis in 2008. Could we have predicted the economic disaster coming in 2008 and which lessons could have been gathered from the dotcom crisis? These are the questions that make the topic urgent and exciting to examine. To begin with, let's define the key term. What is a dotcom? Dotcom is a firm conducting its business mainly over the Internet. They usually possess a Web site intended for business use. The term is based on the ââ¬Å"comâ⬠that forms the last part of the address for most commercial Web-sites. Now, what were the reasons for the dotcom bubble burst and what actually happened? (We should mention that this phenomenon is also referred as the Internet bubble and the Information Technology Bubble in many articles). It all started during the mid 1990is. The Internet was extremely popular those days and the Stock Market soared on technology and Internet stocks. Stock prices were rising and it seemed there was to limit for their value to expand. The masses believed there was a new world coming and the Internet was for sure to become the future of business. The steady confidence took place that the e-companies would turn future profits and there is no limit for technologies development. These expectations were reflected in the NASDAQ composite index. The NASDAQ composite is a stock market index of the common stocks and similar securities, which are listed on the NASDAQ stock market. The index reflects the performance of stocks of technology companies and growth companies. From January 1994 to February 2000, the it rose from 776. 80 to 4,696. 69, a 605% increase, and was influenced mainly by prices of high-technology stocks. But these expectations turned out to be far too positive. The market became overvalued. The Stock Market crashed. The culmination happened on March 10, 2000, with the NASDAQ peaking at 5132. 52 in intraday trading before closing at 5048. 62. (see the graph 1) Graph 1. NASDAQ composite dynamics2 The period when the bubble expanded rapidly was marked by the founding of many new small Internet-based companies commonly referred to as dotcoms. Many of them failed in 2000. A very specific phenomenon could be noticed at that time ââ¬â the way for a new unknown company to become prosperous was just to add an ââ¬Å"e-â⬠prefix to their name or a ââ¬Å". comâ⬠to the end. One of the authors called it ââ¬Å"prefix investingâ⬠3, as the result of this simple renaming was the incredible growth of stock prices. I suppose that was one of the first indicators that something was wrong and the calamity was coming. But everyone considered it the steady development of the market that has big future. Alan Greenspan (an American economist, the Chairman of the Fed in 1987-2006) in 2005 said, that ââ¬Å"this vast increase in the market value of asset claims is in part the indirect result of investors accepting lower compensation for risk. Such an increase in market value is too often viewed by market participants as structural and permanentâ⬠4. However, the situation isn't unique and appeared to happen again. When in 2003 nanotechnology became the ââ¬Å"hotâ⬠thing, everyone started to add a ââ¬Å"nanoâ⬠prefix in their name. It seems that the lessons that should have been learned from the dotcom bubble burst were forgotten. Let's turn to the term itself in its theoretical sense. What is the bubble in financial markets? In a word, we say that a stock market bubble occurs when there is a rise or boom in the share prices of stocks of a particular industry. Meanwhile, the rise in prices usually bears little relation to the intrinsic value of the asset. The term ââ¬Å"bubbleâ⬠may be used with certainty only in retrospect when share prices have since crashed, as it happened in our case. An important basic characteristic of a bubble is the suspension of disbelief by most market participants during the ââ¬Å"bubble phase. They fail to recognize that all of them are engaged in a speculative activity. That characteristic describes the dotcom crisis as well, as we already found out. It would be interesting to mention that financial bubbles have existed for centuries and one of the earliest crises of the type in known as the Dutch tulip mania. In the 17th century prices for tulip bulbs rose and finally reached extraordinarily high levels and then collapsed in the blink of an eye. The same happened to the stock of e-companies in the late 90ies. I suppose we can refer to this case as to ââ¬Å"the dotcom maniaâ⬠. The speculators who represent all the people in the economy that what to get high profits very fast, note the fast increase in value and decide to buy stock in anticipation of further rises, not taking into account that the shares are overvalued. Consequently the rise happens responding to the high demand for stock and many companies thus become grossly overvalued. When the bubble ââ¬Å"burstsâ⬠, the share prices fall dramatically, and many companies are forced to leave the business. In order to be more precise, we can name five stages of any financial bubble5: First. Displacement. When people, especially investors, get enamored by a new paradigm, such as an innovative new technology or dotcom companies, as in our case, displacement occurs. That is the first stage of a financial bubble. Second. Boom. At this stage prices rise slowly at first, following a displacement, but then they gain momentum. More and more participants enter the market. All of them are determined to get prosperous as soon as possible. In case of dotcoms, a huge amount of small companies appeared on the market. The low interest rates in 1998-99 helped to increase the start-up capital amounts. Not all of them possessed innovative ideas, but they were sure that in the wave of e-companies they must succeed. No wonder they all had the same business plan of monopolizing their respective sectors through network effects. However it was clear that all of them wouldn't become successful as the competition was tough. For many of them the ââ¬Å"get big fastâ⬠plan would fail. During this phase, investors become even more enamored by the asset, considering it once-in-a-lifetime opportunity that increases speculation even more. Mass media also played its role. American respected business publications such as Forbes and the Wall Street Journal, encouraged the public to invest in risky companies in the wave of the wide-spread euphoria. As the result, many ââ¬Å"ordinaryâ⬠people became investors, some of them even gave up their job to become fill-time traders. Third. Euphoria. During this phase investors as well as the whole financial system forgets about prudence and asset prices skyrocket. During the dotcom bubble, the euphoria stage took place in the beginning of March 2000, when NASDAQ composite reached its top at 5132. 2 in intraday trading before closing at 5048. 62. This and the previous stages can be clearly revealed from the NASDAQ dynamics (see graph 1). Fourth. Profit taking. By this time the warning signs of coming debacle can be seen. This is the point when smart investors can make fortunes by selling out positions and taking profits. However, it is obvious that it's very difficult to estimate the exact time when a bubble is due to collapse. John Maynard Keynes once mentioned that ââ¬Å"the markets can stay irrational longer than you can stay solvent. As for the dotcoms founders, few of them made vast fortunes when their companies were bought out before the collapse. Fifth. Panic. In the panic stage, asset prices change direction and descend as rapidly as they had ascended. Investors and speculators are faced with margin calls, which are ââ¬Å"demands on an investor using margin to deposit additional money or securities so that the margin account is brought up to the minimum maintenance marginâ⬠6, and the value of their holding plunge. Consequently, they want to liquidate them at any price. The supply overwhelms demand, and asset prices slide sharply. In 2000 the market index fell by almost 11% and NASDAQ fell by about 41%7. To explain the bubble applying the tools of mathematics, we'll apply the most common concept that shows the existence of bubbles8. Considering the most simple case of price of a single share, the mathematical definition of an asset price bubble uses the fair price of a financial asset as its starting point. The price of an asset is the present value of the future cash flows, generated by the asset. pt =Et(dt+1+pt+1)/(1+r), here dt is dividend, pt is the price of the asset at a certain time t, and Et(i) is the expected value of the expression in the brackets based on the information available at t time. If the interest rate (r) is held constant during the whole period, then share price at t time (pt) in a general form can be given as follows: The first part of the sum on the right, which is the discounted present value of dividends, is the fundamental value of the share (pt * ). The remainder (bt) is a deterministic or the stochastic component satisfying the condition bt = Et(bt+1) /(1 + r), which is the asset price bubble itself. So, if the price of an asset is formed as following: pt =p t*+bt, and if p =? p*, then in the mathematical sense an asset price the bubble is formed. To continue our analysis, let's describe the consequences of the dotcom bubble burst in 2000. Many small companies and some of the largest ones were forced to file for bankruptcy. Some of them ran out of capital, some of them were acquired, some were convicted of fraud in their financial statements. WorldCom, which was one of the leaders in the market was found practicing fraudulent accounting practices to exaggerate its profits every year. As it was revealed, it's stock price fell dramatically, and finally the company filed for bankruptcy. Other examples include NorthPoint Communications, Global Crossing, JDS Uniphase and many others. However, some of the e-companies managed to survive the calamity. Large companies, for example, Amazon. com and eBay, are quite successful nowadays. Google also survived the turmoil and became one of the market leaders. As many economists predicted, harsh recession began from 2001. The crash on the stock market of 2000-2002 caused the loss of $5 trillion in the market value of companies from March 2000 to October 2002: the market value of NASDAQ companies peaked at $6. 7 trillion in March 2000 and bottomed out at $1. 6 trillion in October 20029. The economic bottom was the followed by 9/11 terrorist attacks of the World Trade Center's Twin Towers. CONCLUSION After the case of dotcom crisis the word ââ¬Å"dotcomâ⬠started to be used with unfavourable inflecton. It is frequently used to refer to a poorly thought-out unsuccessful businesses. Experts claim that dotcom crisis was one of the events that preceded the global financial crisis in 2008. It was kind of a ââ¬Å"rehearsalâ⬠, as the global crisis also contained a speculative bubble, though it embraced a much wider variety of securities. Luckily, the recession following the bubble burst of 2000-2001 was not as deep as it could have been thanks to very aggressive interest rates lowering. However, a deeper downturn in the financial activity is much harder to overcome. The Internet bubble is also similar to the recent downturn because they were both preceded by inadequate risk-measurement and agents' overconfidence. The financial and economic crisis of 2008 could have been predicted, if everyone was more prudent and learned a lesson from the 2000 dotcom case. In conclusion, I'd like to address the issue of a new Internet crisis that is predicted by some economists. Nowadays World Web companies place their stock at unbelievably high prices. Can a successful Internet project cost more than a huge transnational oil company? The common sense says definitely no, but investors have their own specific point of view. For example, the shares of Groupon, a famous discount service, we evaluated at $12,7 trillions, despite the company's loss of $400 trillions the previous year and gross debt equal to $420 millions. This estimation is not reasonable and very far from reality. Meanwhile, the expected IPO of social network Facebook is evaluated at $100 trillions. It can be the beginning of the Dotcom Crisis 2. 0. On the other hand investors are optimistic about e-companies, as they survived the recent global crisis, unlike huge interconnected firms in other fields, such as financial, machinery and so on. However, if the case of Groupon is not unique (which is so, judging by the investors' optimistic mood) the crisis can occur once again. The most important thing in preventing the possible debacle is being prudent. Investors shouldn't be too optimistic and should be sensible when acquiring assets. PR and advertising can be astonishing, however being reasonable means evaluating the real business indicators to make rational decisions. Risk-management is the field that shouldn't be ignored if we want to avoid new crises.
Thursday, October 10, 2019
Havaianas Advertisement Essay
This article is stating that these sandals fit all personalities and characters; no one is too cool for these sandals. In order to persuade the audience they obviously use attractive models to gain the readerââ¬â¢s attention. They then go on to dress the models in the clothing the words are describing. All in all they made a pretty cool looking ad that will definitely grab the attention of their audience, Cosmopolitan readers. The ad keeps one looking around the page so that the reader will see at the bottom where the name of the company and what they are selling is located. Havaianas is not necessarily implying that one benefits in any particular way by wearing their sandals, they are just trying to iterate that these sandals are or can be worn be anyone. Superheroââ¬â¢s, movie stars, and even tango enthusiasts would wear these at times, so they must have the style and comfort for all occasions. Havaianas might not make u better person, but it appears from the models that they are in a good mood and comfortable in there surrounding even though the house is getting destroyed. At first glance I thought the article was trying to make it seem one would be more popular for wearing Havaians, but then I realized they are trying to sell people on the products versatility, how it is a sandal for all occasions. After studying and trying to find the different meanings of the article I conclude that the implied claims are supported efficiently by the content of the ad. The words ââ¬Å"and/orâ⬠are placed in the article twice; this helps the reader distinguish the proper meaning of the article and not assume that these are the people you can become by wearing them.
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