Tuesday, March 17, 2020
Analysis of Guy Montag essays
Analysis of Guy Montag essays Life may be confusing to you when your job is to commit arson to any house that has a book in it. At least thats the way it Guy Montag was a fireman and in the future, a firefighters job wasnt to stop fires, but it was actually to start them. In the future, books were known as bad and shameful and if anyone had possession of a book whether it was in their house or in another persons house, then the house was to be burned. Guy was never really sure what was so bad about the books. He never really knew the reason why he would have to burn down a persons house when one had possession. One day the firemen were notified about a woman that had a large supply of books in her house. When Guy went to commit arson at the house, he slipped a book into his coat pocket. Over time, Guy began to receive more and more books. One night, Guy pulled one of the books out from where they were being hidden and began to read some poems in front of his wife and friends. Because the possession of books was a great sin, his wife reported him to the firemen. Guy soon kills 3 fireman, including the chief, and escapes with a professor by the Guy and the professor end up together sharing and discussing their love for books. "Theory hell," said Montag. "Its poetry." (pg. 97) This is actually what changed Guys life. When Guy re-entered the room at his wifes party he had a book in his hands. Mrs. Phelps, one of his wifes friends asked him if he was reading up on fireman theory. He was so frustrated with her because of her expression of false views that night about war, husbands and children that he finally spilled it. He wanted her to understand that books were a good thing and that they could teach you to be more objective towards society and its beliefs. "Do you ever read any of the books you burn?" (pg. 8) Because of this conversation with ...
Sunday, March 1, 2020
5 Awkward Sentences
5 Awkward Sentences 5 Awkward Sentences 5 Awkward Sentences By Mark Nichol Innumerable missteps in constructing sentences are possible. Here are five random statements with assorted obstacles to comprehension, each accompanied by discussion and a revision. 1. The past month has seen two major developments. Avoid bestowing the gift of sight on inanimate objects or on concepts such as duration of time: ââ¬Å"Two major developments have occurred during the past month.â⬠2. The question becomes why has everyone been unable to solve this puzzle. Treat the question in a sentence constructed this way as if it were spoken: ââ¬Å"The question becomes, ââ¬ËWhy has everyone been unable to solve this puzzle?ââ¬â¢Ã¢â¬ Alternatively, reword the sentence so that a direct query is not stated: ââ¬Å"The question then becomes one of why everyone has been unable to solve this puzzle.â⬠3. We would welcome your opinions and feedback on the results of this research. Inserting would in an entreaty that expresses what in marketing-speak is known as a call to action, an invitation to the reader to do something in response to a message, is an unnecessary and unproductive (and ingratiating) attempt to sound courteous. Instead of stating, literally, that welcoming opinions and feedback is potential but not actual, make the statement more emphatic by omitting the qualifying word: ââ¬Å"We welcome your opinions and feedback on the results of this research.â⬠4. Additional processes for incident handing and breach reporting may be required to meet these requirements. Does this sentence mean that that the specified additional processes must conform to previously mentioned requirements, or that the processes may be mandated so that previously mentioned requirements are met? Normally, the phrase ââ¬Å"in order to,â⬠preceding a verb, can safely be omitted from a sentence. However, in this case, its inclusion will aid in comprehension: ââ¬Å"Additional processes for incident handing and breach reporting may be required in order to meet these requirements.â⬠5. Those pressure tests and related assessments will clarify how prepared the organization is to make the actual transition. Because the reader cannot immediately tell which part of speech prepared is (it can be either a verb or an adjective, and is usually the former), inserting the adverb well before it will send a clear signal: ââ¬Å"Those pressure tests and related assessments will clarify how well prepared the organization is to make the actual transition.â⬠(Otherwise, a miscue might occur- the reader might assume that a noun has been omitted before the verb prepared: ââ¬Å". . . how [the (blank)] prepared . . . .â⬠) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:Good At, Good In, and Good WithUse a Dash for Number RangesWriting Styles (with Examples)
Thursday, February 13, 2020
Impact of organization culture on employee performance Essay
Impact of organization culture on employee performance - Essay Example So organizations working in these two countries are entirely different as far as culture and working environment are concerned. Organizational culture is not a static phenomenon. It is a dynamic phenomenon which undergoes periodic changes because of the advancements in science and technologies and subsequent changes in organizational principles. For example, the introduction of computers, internet and globalization have brought tremendous changes in the functioning of organizations. Majority of the corporate companies are currently operating internationally because of globalization. Outsourcing and offshoring are some of the new business terms brought in to this world by globalization. Instant and enhanced communication were introduced in the organizational world with the help of computers and internet. All these developments caused huge changes in organizational culture. Employee performance is directly connected with organizational culture. All organizations like to derive maximum output from an employee; however, few organizations provide the necessary organizational culture for the employees to perform well. Management styles in different countries and different organizations are entirely different and hence employees in different organizations may perform differently. ... This paper analyses the impact of organizational culture upon employee performances. Right frame of mind is necessary for an employee to maximize his performance. Organizational culture is responsible for cultivating the right frame of mind among employees. An organization which care more on productivity of employees and cares less on dispersing necessary remuneration and benefits to the employees may not cultivate the right frame of mind among the employees. On the other hand, an organization which respects and recognize employee performance may cultivate positive frame of mind among employees. No employee would like to work under autocratic managers. On the other hand, all employees like to work under democratic managers. This is because of the fact that only democratic managers are capable of delivering the needs of the employees whereas autocratic managers will always be interested in safeguarding the interests of the organization. For the better functioning of an organization, t he organizationââ¬â¢s needs as well as the employeeââ¬â¢s needs should be considered. Only an autocratic manager would be able to do this. Musacco Ph.D (2009) has pointed out that ââ¬Å"harassment, mobbing, bullying, and emotional abuses are common at the workplaces which resulted in increased fear and minimal trust between workersâ⬠(p.2). Organizational environment plays a vital role in controlling employee performances. It should be noted that current organizations are forced to keep a diverse workforce because of globalization and internationalization of business. Majority of the modern organization are operating cross culturally and their workforce is extremely diverse. For example, Coca Cola and Pepsi
Saturday, February 1, 2020
Strategic Partnering Essay Example | Topics and Well Written Essays - 1000 words
Strategic Partnering - Essay Example The growth pattern for construction industry in the United Kingdom has been volatile and unpredictable. Between 1998 and 2005 quarterly results showed the industry on a jagged course rising and plunging narrowly and even tumultuously on a few occasion. Overall, the graph shows a slow upward curve amidst the patchy quarterly movements. See figures 1 & 2 below: The progress in construction of commercial building structures shows better output than that of constructions for private/public use. Growth has been perceptibly significant in Wales and Scotland. (RIC Construction Market Survey) The tremendous growth in communication and information technologies has had cascading effects on every industry and job profile. It would be nave to assume that construction industry in the UK or elsewhere could remain immune from the effects of globalization and the electronic systems. The changes have been fast enough to catch even the most seasoned veteran unprepared for the inputs necessary to address modern needs. At the moment, the United Kingdom construction industry is facing challenges from three quarters: total system revamp including taxation policy, shifting to the LSF system, and competition from Asian giants like China, India, and Korea. (Hellerman Tyton) Of late there have been spates of news reports of estate agents taking over or partnering existing house-owners in prime locations, especially beaches, for redevelopment and residents are happy at the encouraging prospects of investing on resorts with potential for handsome returns. The economics of redevelopment and reaping rich dividends in the bargain are quite tantalizing. In some parts of the United Kingdom land is scarce and it makes good sense to redevelop properties in such locations in accordance with planning regulations with an eye on fruitful returns on investments. Fiscally, the construction cost is within the means of someone earning average income with a little help from banks and other non-banking finance companies. Redevelopment scheme with prospects for income generation is currently a global phenomenon with potential for tie up with large tourist corporations. (UK coastal towns 'under development') In the present times when mergers and acquisitions are the order of the day in top business circles, the concepts of partnerships, alliances and joint ventures are crucial to maintain market presence and ensure survival. The partnerships may be in the form of two or more individuals or firms coming together each with its own areas and functions of expertise and inputs playing complementary roles. For instance, the partnership of construction and finance industries help the client in financing his construction project without anxiety about financial requirements. The alliance of construction firms and software companies augment construction know-how with computer aided technologies useful for planning and designing purposes. Partnership of construction industry with both finance and computer companies offer services and benefits resulting in fantastic economy of time and costs. (Navigant Consulting) Last but not the least, the concept of tie up between construction indu
Friday, January 24, 2020
G. Carter Bentley :: essays research papers
G. Carter Bentley’s practice theory is a popular approach in understanding how ethnicity is constructed and ethnic identity is maintained. Here we shift from boundaries to focus on people’s patterns of experiences, both objective and subjective. Bentley draws on Bordieu’s concepts of "habitus" and "practice". Bordieu argues that the objective conditions, mediated by systems of symbolic representations, generate in different persons dispositions to act in different ways (Bentley 1987: 28) Habitus compromises "…a set of generative schemes that produce practices and representations that are regular without reference to overt rules and that are goal directed without requiring conscious selection of goals or mastery of methods achieving them." (as quoted in Bentley, Ibid.,). Hence habits become a mechanic way of being, acting and thinking, developed through 1) social practices, 2) shared experiences, 3) experimentation and 4) comprehension of those relationships or difference at both the conscious and unconscious levels. There is constant interplay between these levels (collectively and individually). Practice is a concept linked to the Marxist tradition of emphasizing power relations. This is connected to ethnic identity in that to look at experiences people go through we have to distinguish between the different domains of experience and social practice. Analysis of different domains will tell us how they influence people’s perception of the world, of their place in society as members of a group. Because this process involves interrelationships, it is important to focus on the experience of interaction. Secondly, there must be an analysis of discourses by the state (i.e. laws, policies etc.) and how they are articulated, and how the discourses of leaders of ethnic groups find resonance by their group. Both these levels of analysis help us understand ethnicity as an ideology and how ethnic identity cannot be kept separate from experience and social practice. Bentley: ethnicity and practice Bentley demonstrates the relationship between patterns of practice and sensations of ethnic affinity by the example of a Marano woman who has struggled with a sense of ambivalent ethnicity: "…a feeling that she is neither here nor there but instead limited in a system [Philippine social context] of categorical identities" (Bentley 1987: 29). Soraya’s experience illustrates the value of the theory of practice. Sensations of ethnic affinity are founded on common life experience and of the preconscious habitus it generates that gives members of an ethnic group their sense of being familiar to each other (Bentley 1987: 33). G. Carter Bentley :: essays research papers G. Carter Bentley’s practice theory is a popular approach in understanding how ethnicity is constructed and ethnic identity is maintained. Here we shift from boundaries to focus on people’s patterns of experiences, both objective and subjective. Bentley draws on Bordieu’s concepts of "habitus" and "practice". Bordieu argues that the objective conditions, mediated by systems of symbolic representations, generate in different persons dispositions to act in different ways (Bentley 1987: 28) Habitus compromises "…a set of generative schemes that produce practices and representations that are regular without reference to overt rules and that are goal directed without requiring conscious selection of goals or mastery of methods achieving them." (as quoted in Bentley, Ibid.,). Hence habits become a mechanic way of being, acting and thinking, developed through 1) social practices, 2) shared experiences, 3) experimentation and 4) comprehension of those relationships or difference at both the conscious and unconscious levels. There is constant interplay between these levels (collectively and individually). Practice is a concept linked to the Marxist tradition of emphasizing power relations. This is connected to ethnic identity in that to look at experiences people go through we have to distinguish between the different domains of experience and social practice. Analysis of different domains will tell us how they influence people’s perception of the world, of their place in society as members of a group. Because this process involves interrelationships, it is important to focus on the experience of interaction. Secondly, there must be an analysis of discourses by the state (i.e. laws, policies etc.) and how they are articulated, and how the discourses of leaders of ethnic groups find resonance by their group. Both these levels of analysis help us understand ethnicity as an ideology and how ethnic identity cannot be kept separate from experience and social practice. Bentley: ethnicity and practice Bentley demonstrates the relationship between patterns of practice and sensations of ethnic affinity by the example of a Marano woman who has struggled with a sense of ambivalent ethnicity: "…a feeling that she is neither here nor there but instead limited in a system [Philippine social context] of categorical identities" (Bentley 1987: 29). Soraya’s experience illustrates the value of the theory of practice. Sensations of ethnic affinity are founded on common life experience and of the preconscious habitus it generates that gives members of an ethnic group their sense of being familiar to each other (Bentley 1987: 33).
Thursday, January 16, 2020
Market Efficiency
EMH or Efficient Market Hypothesis has been accepted as one of the foundations of financial economics, in fact, Fama first marked out the concept ââ¬Å"efficient marketâ⬠in financial literature in 1965. Fama stated it as one which safety values completely expose all accessible information. The market could be considered as efficient if the results of market values to new information are instant and impartial. EMH is the notion that information is rapidly and proficiently integrated into asset prices at any instance, in order to guarantee that old information could not be serve as an instrument which could predict price progresses. As a result, three types of Efficient Market Hypothesis are being classified depending on the degree of available information (Fama, 1998). The weak form Efficient Market Hypothesis specifies that existing asset prices already reveals past price and volume information, the information restrained in the previous succession of prices of a security is completely exposed in the present market price of the said security. Its name ââ¬Å"weak form EMHâ⬠was derived from the fact that security prices are the most overtly and easily obtainable information. It entails that nobody would be able to outdistance the market by making use of something that everyone elseââ¬â¢s know. However, there are still quantities of financial examiners who are examining the past stock price sequence and trading volume information in an effort to spawn revenues. This method is labeled as technical analysis that is declared by the EMH as ineffective in foretelling prospect price variations (Sewell 2007). The semi strong form Efficient Market Hypothesis on the other hand asserts that each and every openly accessible information are equally already integrated into asset prices, meaning to say, every openly accessible information is completely mirrored in a securityââ¬â¢s existing market prices. The public data confirmed not only past prices. Rather they also show information conveyed in a companyââ¬â¢s financial reports, companyââ¬â¢s proclamations, and the like. In a way, this also entails that nobody would be able to outdistance the market by making use of something which everyone else knows, this also signifies that a companyââ¬â¢s financial reports could not be used in foretelling future price progress and safeguarding high venture returns (Sewell 2007). The strong form Efficient Market Hypothesis specifies that private as well as insider data is immediately included by market prices and hence could not be utilized to gather irregular trading incomes. Therefore, all data or information is completely mirrored in a securityââ¬â¢s existing market price which in turn entails that even the companyââ¬â¢s administration would not be able to generate profits even by using the insider data they have. The justification for this is that the market expects in an impartial way, future advancement and thus, data has been integrated and appraised into market price in a more impartial and enlightening manner than insiders. The arbitrary walk style of asset prices is an enlargement of the Efficient Market Hypothesis, as well as the beliefs that the market could not be constantly beaten, arbitrage is not possible, and ââ¬Å"free lunchesâ⬠are in general, not available (Clarke et al. 2007). The EMH has entailed that nobody could surpass the market either with security selection or with market timing, therefore, it holds enormous negative consequences for several investment approaches. In general, the force of EMH could be scrutinized from two dissimilar angles. The first one would be from the investorââ¬â¢s perspective. Technical analysis makes use of price as well as the volume as the center point for foretelling future prices, the arbitrary-walk data implies that prices of securities are influenced by news; Positive news would help increase the price while negative news would be the cause of price deflation. Thus, it is only fitting to ask the value of technical analysis as a way of deciding security investments (Clarke et al. 2007). Fundamental analysis includes the use of market information in establishing the inherent value of securities in so as to classify those securities which are underrated. In spite of this, semi strong EMH implies that essential examination could not be utilized to surpass the market. In a proficient market, fairness research and assessment would be an expensive undertaking that offers no advantages. The likelihood of discovering an underrated supply should be arbitrary. Oftentimes, the advantages from data compilation and fairness studies would not include the expenses of doing the study (Jones 2002). For best investment approaches, investors are recommended to pursue an inert investment tactic, which does not make any endeavor to surpass the market. Investors ought not to choose securities arbitrarily based on their peril loathing or the tax arrangements. This, however, does not imply that there would be no assortment of management. In an efficient market, it is an excellent tactic to have a arbitrarily expanding across securities, which holds little or no records charge and minimum implementation expenses in so as to optimize the proceeds. An unyielding buy-and-hold procedure is not most advantageous for corresponding to the investorââ¬â¢s requested level of threat. Also, the portfolio manager ought to select a portfolio that is equipped in the direction of the time sphere and threats report of the investors (Jones 2002). Second is the financial managersââ¬â¢ perspective wherein managers ought to bear in mind that markets would either under or over react to information, the companyââ¬â¢s share price would mirror the information regarding their declarations and the historical share price account could be employed as a determinant of company accomplishment and management would hold be hold accountable for it. When shares are under priced, managers should avert from handing out new shares since this would only aggravate the condition. In usual situations, market efficiency theory offers informative predictions into price performances. In general, one can conclude that investors should only anticipate a typical rate of proceeds while the company should be prepared to obtain the adequate value for the securities they handed out (Jones 2002). However, the idea that markets act constantly with the efficient market hypothesis is debatable, particularly in its stronger forms. For one, it is doubtful that man-made markets are strong-form efficient. Especially, when there are prima facie basis for ineptitude as well as the unhurried dissemination of information, the comparatively immense power of several market partakers, and the existence of seemingly advanced professional investors. I believe that one of the major defects EMH is the way markets respond to unexpected news. For an instance, news upshots like interest rate changes from ventral banks are not immediately taken credit of in stock prices. Instead root continued progress of prices over a certain period of time, say from a few hours to months and the like, one should also take into consideration that only a limited number of people have prior familiarity or awareness regarding laws about to be passed, new pricing controls fixed by certain organizations like Federal Reserve banks as well as legal verdicts that causes a broad array of economic parties. The public should consider these things as random variables; however, players within those inside information could rectify the market, but commonly in an inconspicuous way in order to escape exposure (Clarke et al. 2007). There is also another inconsistency which has been detected between the EMH theory and real markets. The said inconsistency is that at market extremes, what fundamentalists may regard as ridiculous behavior is in fact the standard behavior; in the latter parts of a bull market, the market is motivated by consumers who don not take much into account the core value. By the end of a crash, markets go into freefall while partakers disentangle themselves from the location in spite of the scarcely good value that their earlier positions symbolizes, this is denoted by the huge variations in the assessment of stocks in comparison to basics in bull markets in comparison to bear markets. A theorist may claim that reasonable partakers should always instantaneously take lead in the unnaturally low prices which resulted from the illogical partakers by acquiring contrasting places. However, this is noticeably not generally adequate to avoid bubbles and crashes from increasing. It might be supposed that countless sensible partakers are conscious of the illogicality of the market at extremes and are eager to permit illogical partakers to force the market as they like, and only benefit themselves with the prices when they have got more than just basic motives that the market would revert back near its earlier fair value (Sewell 2007). Behavioral finance stated that upon entering positions, market partakers are not mainly motivated by the price status; rather, they are mainly motivated by anticipating the rise or fall of the prices. To pay no heed of this could be perilous. Allan Greenspan cautioned participants of irrational exuberance in the market during the year of 1996. However, some merchants who sold short new economy stocks that appeared significantly overcharged during those times had to acknowledge grave losses when prices arrived at much more astonishing heights (Jones 2002). EMH was first presented in 1960. Before that, the existing belief regarding market is its exact opposite ââ¬â markets are inefficient. Inadequacy was generally believed to exist. A good example of this was in US and UKââ¬â¢s stock markets. On the other hand, previous work of Kendall implies that the changes in United Kingdomââ¬â¢s stock market prices are arbitrary. Researches conducted by Brealey, Dryden and Cunningham showed that there are no considerable reliances in price changes which implies that United Kingdomââ¬â¢s stock market is a weak-form efficient, in addition to this proof, are other researches of capital market which suggested that they are semi strong-form efficient(Jones 2002). Examinations conducted by Firth in UK have contrasted the share prices presented after an invasion declaration with the bid offer, this showed that the share prices were completely and immediately modified to their exact levels; therefore the United Kingdomââ¬â¢s stock market was indeed semi strong-form efficient. Yet, the marketââ¬â¢s capability to effectively react to a short term and broadly advertized event (i.e takeover proclamation) could not automatically be viewed as analytic of a market efficient at pricing concerning more long term and vague aspects (Clarke et al. 2007). Other pragmatic proof which defends Efficient Market Hypothesis came from researches which show that the revenue of market averages go beyond the revenue of vigorously ran mutual funds. Therefore, to the degree that markets are inefficient, the advantages achieved by capturing the ineptitudes are override by the inside fund costs occupied in locating them, promoting, and the like (Sewell 2007). It could be that proficient as well as other market partakers who have find out dependable trading regulations or devices could find no basis to disclose them to academic researchers or it could be that there are no information breach among the intellectuals who examine the markets and the professionals who works in the market. There are bystanders who identify apparently ineffective facets of the markets that could be take advantage of. Example of this is seasonal tendencies and deviating twists to assets with different traits. Efficient Market Hypothesis cynicââ¬â¢s maintains that there are investors who have outdistanced the market. Among them is Peter Lynch, Bill Miller, and so on. These investorsââ¬â¢ tactics are to a high level founded on recognizing markets where prices do not precisely mirror the accessible information, in straight negation to the EMH which clearly entails that ââ¬Å"noâ⬠such opportunity could ever exist (Clarke et al. 2007). It is imperative to take notice of the fact that the EMH does not account for the observed fact that the most profitable stock market partakers have equal share of stock picking guidelines, which would, in turn, denote an extensive conclusive correspondence among stock picking policy as well as investment accomplishments. The EMH also seems to be lacking in consistency with several occasions in stock market history. For an instance, the stock market crash which occurred in 1987 saw the S&P 500 drop more than 20% in October in spite of the fact that there is no major news or events that took place before Monday of the crash, the fall apparently came from nowhere, this would likely imply that relatively irrational behavior could seize stock markets arbitrarily. Furthermore, Bruton Malkiel, a renowned advocate of the universal legitimacy of Efficient Market Hypothesis has counseled that particular budding markets such as China are not empirically efficient, he further stated that the Shanghai as well as the Shenzhen markets, in contrast to the markets in US, show signs of substantial sequential relationship, non-random walk, as well as proof of exploitation (Clarke et al. 2007). Thus, in contrast to what Efficient Market Hypothesis implies, there are certain instances which go contrary to its claim. It is unlikely for market to be consistently efficient as was shown in this paper. Provided that the theory of EMH is true at some point in time, one could not just conclude that it would be true for all instances and for all period of times. Works Cited Clarke, Jonathan, Thomas Jandik, and Gershon Mandelker. ââ¬Å"The Efficient Market Hypothesis.â⬠(2007). Fama, Eugene. ââ¬Å"Market Efficiency, Long-Term Returns, and Behavioral Finance.â⬠Journal of FinancialEconomics. (1998). Jones, Steven L., and Jeffry M. Netter. ââ¬Å"Efficient Capital Markets.â⬠(2002). Sewell, Martin. ââ¬Å"Efficient Market Hypothesis.â⬠(2007). à à à Ã
Wednesday, January 8, 2020
Rate of Radioactive Decay Worked Example Problem
You can use the equation of the rate of radioactive decay to find how much of an isotope is left after a specified length of time. Here is an example of how to set up and work the problem. Problem 22688Ra, a common isotope of radium, has a half-life of 1620 years. Knowing this, calculate the first order rate constant for the decay of radium-226 and the fraction of a sample of this isotope remaining after 100 years. Solution The rate of radioactive decay is expressed by the relationship: k 0.693/t1/2 where k is the rate and t1/2 is the half-life. Plugging in the half-life given in the problem: k 0.693/1620 years 4.28 x 10-4/year Radioactive decay is a first order rate reaction, so the expression for the rate is: log10 X0/X kt/2.30 where X0 is the quantity of radioactive substance at zero time (when the counting process starts) and X is the quantity remaining after time t. k is the first order rate constant, a characteristic of the isotope that is decaying. Plugging in the values: log10 X0/X (4.28 x 10-4/year)/2.30 x 100 years 0.0186 Taking antilogs: X0/X 1/1.044 0.958 95.8% of the isotope remains
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