The Giver :: essays research papers

He was a peaceful looking man, with a large round belly and rosy red cheeks. Jonas couldnt help scarcely smile as he stared at the gentle looking figure. The man looked down at the freezing pair. He noticed Jonas trembling blue lips and the little shaking bundle of blanket that was Gabriel. The man immediately invited Jonas into his home and screamed for his wife to grab blankets and keen chocolate.      Jonas sat shyly bundled in blankets as all of the strangers virtually him whispered to each other about him and Gabe. After a few awkward minutes the man who answered the door appeared with a steaming cup of tropic chocolate. The man placed the mug in Jonass hands and told him to drink it, and that it would warm him up. Jonas peered over the edge of the goblet at the steaming hot brown liquid. Jonas had never heard of hot chocolate nor tasted it, but was delighted to have something to drink after his lengthy journey. He put the cup up to his mouth and took a n enormous gulp. The children in the room giggled as he ferociously clawed at his tongue to try to get rid of the burning feeling. A woman in the room stood and walked over to Jonas and blew gently across the top of the cup. Jonas took another sip, but was more careful to take small amounts this time. He felt the drink flowing through his veins muscles. Jonas let the hot chocolate cool a little and then gave some to Gabriel also.      Gabriel was now asleep in Jonas arms. The owners of the sign of the zodiac left Jonas and Gabe alone to warm up, but now Jonas was warm, and curious. He found the adults in the kitchen because the children had been put to bed hours ago. After a complete interrogation by Jonas to the adults, he learned the man who opened the door was named capital of Minnesota. His wife, the woman who blew on Jonas hot chocolate, was named Isabel. The other people who were in the home earlier were simply friends and relatives of Paul and Isabel. Jo nas also learned of the name of the town he was now in, it was called Columbus, after an ancient explorer who existed over two-thousand years ago. After Jonas was done asking questions he started telling his story, of how he got there, why he had Gabriel with him, who The

Media and the People :: essays research papers

Many tragedies, deaths and other(a) popular actions take place frequent around the reality, and we the people, take on media to cover these accounts in full detail. News articles and the media be dickens topics that go hand-in-hand with each other when discussing the perception of a world topic. Giving the media this position to describe the account also gives them the power to superstar-side any particular story. Often false accusations are made and wrong people are roused, for no other reason than the media pointing fingers in wrong directions. The media also has the power to confuse, for as one media program might cover an account to be the blame of one slice and another media program to be blame of another. The media has been given too much power with influencing the thoughts of people across the world. Take inThe struggle with Iraq has sparked many distinct views and perspectives in the media world. Such popular topics of discussion with broadcasters and reports hav e been Is Busch to blame? Is the War really necessary? Is the US sticking its nose where it shouldnt be? And so the list goes on forever and ever. With such a popular international topic such as this, the media has the power to break it implement to every superficial aspect as long as the viewer is interested. Who is the decision maker, who is the one that chooses who is truly at fault? How do we know the media doesnt change views establish on which country its news is broadcasting in? With America at war with Iraq, do American televisions say Iraq kills 10 U.S. soldiers, date an Iraqi one states that U.S. invades country to take over? The heart of any media article or report is in the tone, perspective, and content. Although some(prenominal) of these articles are one two different unique(predicate) sub-topics, they are both on the aforesaid(prenominal) topic and with sharing the same topic they also both share the same tone. They both share the same perspective of a guilty Ir aq. As for the content they are mostly similar except that the second article, Pentagon 110 U.S. Troops Killed in Iraq, is a short(p) more enlightened towards the U.S. taking some blame. The two pieces of media material I have reviewed share many similarities yet many differences in tone, perspective and content. two of these pieces cover basically the same topic of the war in Iraq.Media and the People essays research papers Many tragedies, deaths and other popular actions take place everyday around the world, and we the people, count on media to cover these accounts in full detail. News articles and the media are two topics that go hand-in-hand with each other when discussing the perception of a world topic. Giving the media this power to describe the account also gives them the power to one-side any particular story. Often false accusations are made and wrong people are blamed, for no other reason than the media pointing fingers in wrong directions. The media also has the pow er to confuse, for as one media program might cover an account to be the blame of one man and another media program to be blame of another. The media has been given too much power with influencing the thoughts of people across the world. Take inThe war with Iraq has sparked many different views and perspectives in the media world. Such popular topics of discussion with broadcasters and reports have been Is Busch to blame? Is the War really necessary? Is the US sticking its nose where it shouldnt be? And so the list goes on forever and ever. With such a popular international topic such as this, the media has the power to break it down to every little aspect as long as the viewer is interested. Who is the decision maker, who is the one that chooses who is truly at fault? How do we know the media doesnt change views based on which country its news is broadcasting in? With America at war with Iraq, do American televisions say Iraq kills 10 U.S. soldiers, while an Iraqi one states that U .S. invades country to take over? The heart of any media article or report is in the tone, perspective, and content. Although both of these articles are one two different specific sub-topics, they are both on the same topic and with sharing the same topic they also both share the same tone. They both share the same perspective of a guilty Iraq. As for the content they are mostly similar except that the second article, Pentagon 110 U.S. Troops Killed in Iraq, is a little more enlightened towards the U.S. taking some blame. The two pieces of media material I have reviewed share many similarities yet many differences in tone, perspective and content. Both of these pieces cover basically the same topic of the war in Iraq.

The Problem: Rewrite Mania :: essays research papers

The Problem Rewrite ManiaI have been noticing a certain trend in softwargon toward rewriting successful tools and standards. It seems that programmers always have the urge to make things better, which is perfectly understandable - after all, this is the primary trait of the engineers mind (although I in any case think that artistic creativity also enters in the mix). Why should things stay static? Surely progress is good, and if we just stayed in the identical place, using the same var.s of tools without improvement, then things would deteriorate and generally get pretty boring. Thats all very true, yet what I am seeing is that in many cases we have tools which sincerely are "good enough" for what they are designed to do - TCP/IP allows us to build giant, interconnected networks, Apache lets us build flexible blade servers, Perl lets us write incomprehensibly obfuscated code()... well, point being, these things work. Really, outstandingly well. They are "good enoug h", and moreover they are used everywhere. So alls well and good, right? Well, not exactly. The programmers supplement little bits and pieces here and there, fix lots of bugs, and over time the code starts to look distinctly messy - and with the insights gained from this "first version" of the application (I dont mean V1.0, but rather the overall codebase) the developers start to think about how it could be "done right". You know, now they know how they should have done it. Fired with new flair and enthusiasm, the developers embark on a grand rewrite project, which will throw out all the old, stale, horrible, nasty untidy code, and construct reams of brand new, clean, designed, and, uh, buggy, incompatible, untested code. Oh well, itll be worth it ... right? So the new version will break some things that worked with the old version - the benefits from the changes far outweigh a loss of reluctant compatibility. In their minds, the developers are more focused on the cool aspects of the new version than they are on the fact that in the real world, millions of people are still using the old version. Eventually, then, the new version comes out, to grand fanfare. And a few people download it, try it... and it doesnt quite work. This is perfectly normal, these things need time. So all the people who are running large production systems with the old version just back off for a while until the new version has been tested properly by, uh, someone else.

Robert Johnson :: Biographies Musicians Blues Essays

Robert JohnsonI went down to the crossroads fell down on my knees. Robert Johnson went to the crossroads and his life was never the same(p) again. The purpose of this essay is to tell you about the life of Robert Johnson. He is the root of much of the music of today. If he didnt influence the musicians of today directly, he influenced the bands that influenced todays music. Robert Johnson is more than retributive another Blues man with a sad story. To sing the blues with as much soul as Robert Johnson did, you know his life was rough. The life of Robert Johnson was unforgettable but short. Robert Johnson was born on May 8, 1911. Robert was a product of an extramarital affair. He lived with many different father figures before moving 40 miles southerly of Memphis to Robinsonville, Mississippi, where he would live till his early adulthood. The first instrument Robert played was the harmonica. Robert quit school as a teen and started working in the cotton plant fields. Robert left t hat life to travel and play his music. He began to play the guitar around the get on of fifteen. Famous blues men Charlie Patton and Willie Brown influenced Johnson when he was young. At age 17, Robert marry Virginia Travis. She and their first baby died during childbirth. Johnson then went on the road. Robert traveled all over the Midwest and all the way down to Mississippi and Arkansas. He married Calletta Craft during his travels. She died only a few years later while Robert was on the road. On November 23, 1936, Johnson recorded his music for the first time. The first song he recorded was Terraplane Blues. It became a best-selling hit for Vocalon, a Columbia Records specialty label. In June of 1937, Johnson recorded for his fifth and final time. Johnson only recorded 29 songs during his lifetime. Johnson would drop recorded many more songs and may have been an even bigger legend than he already is if his life was cut short. The death of Robert Johnson was tragic and the myths that elude him will last forever. In August 1938, Johnson played the last show of his life. The jealous husband of a woman that he began an affair with while in Greenwood, Mississippi poisoned Johnson. During the show the husband poisoned Johnsons whiskey. Johnson died on August 13th, 1938, three days after he was poisoned.

How To Wash A Car Essay -- essays research papers

How to wash a car There is many different ways to wash a car, but here is the correct way that generally works for the majority of people. Washing a car thoroughly takes five different steps to eff a clean exterior.Step1 Wheels atomic number 18 a good place to start, because the cleaning products for wheels work best on dry uprises. Spray on the solution as directed by the instructions, and see if the dirt and dust is removed. Use a little more spray in bad areas to help get the wheels wholly clean. Try and get all road grime and grease off of the wheels. Use a soft brush to clean cracks and crevices on the wheels, but dont come up too hard. If you have alloy wheels, make sure that the cleaner is safe for the clear coat that may be on it. Rinse the wheels off and after all dirt and grime is removed. Try and keep any abrasives like steel wool pads and wire brushes away from the wheels. This could damage them by scratching the surface of the wheel.Step2 Use the hose to wet the ca r thoroughly from top to bottom. It is better to use a pistol grip hose nozzle, and set it to make a big stream that will drive off bird droppings and other dirty spots on the car. Try to avoid high-pressure handles that are found at self-serve places. High-pressure handles can damage a car by driving road grime into the finish, rather than washing it off. Also sample to aim the hose up under the car and into the wheel wells to wash off road salt and gunk that has accumulated.Step3 If theres still is...

How To Wash A Car Essay -- essays research papers

How to wash a car There is many different ways to wash a car, notwithstanding here is the correct way that gener solelyy works for the majority of people. Washing a car thoroughly takes five different steps to complete a clean exterior.Step1 Wheels are a good place to start, because the cleaning products for wheels work best on dry surfaces. Spray on the solution as tell by the instructions, and see if the dirt and dust is removed. physical exercise a little more spray in bad areas to help get the wheels completely clean. exploit and get all road grime and grease off of the wheels. Use a soft brush to clean cracks and crevices on the wheels, but dont scrub in any case hard. If you have alloy wheels, make sure that the cleaner is safe for the clear coat that may be on it. Rinse the wheels off and after all dirt and grime is removed. Try and keep any abrasives like steel wool pads and wire brushes away from the wheels. This could damage them by scratching the surface of the wheel .Step2 Use the hose to wet the car thoroughly from top to bottom. It is better to use a pistol grip hose nozzle, and set it to make a grown stream that will drive off bird droppings and other dirty spots on the car. Try to avoid high-pressure handles that are put in at self-serve places. High-pressure handles can damage a car by driving road grime into the finish, rather than washing it off. Also try to exact the hose up under the car and into the wheel wells to wash off road salt and gunk that has accumulated.Step3 If theres still is...

Monsoon Insurance

IMPACT OF INDEX MONSOON INSURANCE IN INDIA Literature reassessment AGRICULTURAL INSURANCE IN INDIA-A PERSPECTIVE By Dr. A. Am arender Reddy Scientist (Agricultural Economics) Indian institute of Pulses investigate, com/about-kanpur/ class=ilgenKanpur-208024. Abstract Background the stem reviewed the innovative techniques in agricultural/rural restitution policy, which overcome some of the disadvantages of yield based group insurance and suggests rainwater (weather) index insurance as a better alternative/complement to the existing agricultural insurance scheme.The weather (rainfall) index based insurance is likewise more compatible with reinsurance practices worldwide, which make primary insurers to cover their local/regional risks by reinsuring themselves with international reinsures. Agriculture & Rural Development Working piece of music 9 Innovative Financial Services for Rural India Monsoon-Indexed Lending and Insurance for Smallholders Ulrich Hess The World Bank Agric ultural and Rural Development Department Abstract This paper was prepared by Ulrich Hess.It draws extensively from authors work on weather insurance and rural finance in India and Morocco Townsend, and James Vickery, Barriers to Household find Management Evidence from India, Harvard Business School Working Paper, 2010, 09 (116). Abstract What types of households buy index insurance? What factors prevent the remaining households from participating? And does the purchase of index insurance result in more efficient risk taking? Rainfall Index Insurance in India Daniel Stein Dissertation submitted to the Department of Economics for the point in time of Doctor of Philosophy in Economics atThe London School of Economics and Political Science September 2011 Abstract This thesis provides three works which from each one contribute to understanding of the promising yet struggling market for rainfall index insurance in India Findings of the study Post impact of monsoon index insurance in st abilisation of farmers income. Comparison of issue between states having index monsoon insurance with the states without monsoon insurance Overall economic development of Indian thrift collectable to index monsoon insurance Penetration of monsoon insurance in India. Purpose of the research (or rationale for the study)For the rural poor in India, formal financial serve would enable them to maximize returns on their surplus, smooth their consumption, and reduce their vulnerability to risk. However, their financial service needswhich include consumption credit and cash savings are seldom met due to systemic problems in the financial sector and monsoon risk. In 1991, a comprehensive household survey addressing rural access to finance revealed that save one-sixth of rural households had loans from formal rural finance institutions (RFIs). Beyond credit, most of the rural poor also overlook access to the banking system for savings.Farmers respond to the lack of formal financial serv ices by turning to moneylenders reducing inputs in Farming over slap-upizing and internalizing risk and/or by over diversifying their activities which leads to sub-optimal asset allocation. The combine effect of these coping strategies is a poverty trap. Smallholders cannot risk investing in fixed capital or concentrating on the most profitable activities and crops, because they cannot leverage the start-up capital and they face systemic risks that could wipe out their livelihoods at any point in time.The challenge for banks is to innovate a low-cost way of reaching farmers and dowry them better manage risk . Agricultural activity is inherently risky due to pest or disease-induced harvest failure, price volatility in commodities markets, or extreme weather events, such as droughts and floods. Smoothing consumption across years or seasons is a significant challenge for agrarian households in developing countries. Parchure (2002) estimated that in India about 90% of variation in cr op production levels is caused by variation in rainfall levels.In response to these problems, innovative index-based weather insurance was developed, in which the payment schemes are based on an exogenous publically observable index, namely local rainfall. This mitigates problems such as moral hazard and adverse option and eliminates the need for in-field assessments, lowering the cost of providing insurance. The purpose is to study the effect of insurance in the farmers income and how insurance helps in agriculture risk extenuation in Indian context.Coverage for crops and also schemes pertaining to monsoon insurance are also studied and its penetration in Indian market. Aim To study economic development due to monsoon insurance 1. Objectives To study the effect of insurance in the farmers income How insurance helps in agriculture risk mitigation in Indian context To study reporting for crops and also schemes pertaining to monsoon insurance To study Overall economic development o f Indian economy due to index monsoon insurance To compare and study agricultural growth pre and post effect implications of monsoon insurance in Indian economyHypothesis (or key questions) Index monsoon insurance has overall created a positive impact on Indian economy. Research Methodology Stage 1 Literature Research A comprehensive review of the relevant publications including a computer assisted search testament be Undertaken in order to develop an understanding of previous work related to index monsoon insurance. Stage 2 descriptive research Review of literature in the field of agriculture and insurance to understand the growth of both the fields Stage 3 article researchEffect of insurance is studied by reviewing contrary articles and part studies related to monsoon insurance impact on specifies states which are more exposed to extreme climatic conditions Stage 4 statistics research A review of current as well as past statistics related to agricultural sector to analyse the trend Stage 5 Writing Up This deliver involves writing up the content of the dissertation and should cover their chapters proposed Proposed Contents of the dissertation 1. Introduction 2. Agricultural sector and its challenges 3. Index monsoon insurance and its different schemes 4. Theoretical exemplar of the study . Implications of monsoon index insurance 6. Interpretation and conclusion 7. Bibliography Work Plan/Diary First and second week -Review of Literature Second and third week- case study research attached 2 weeks- analysing the statistics Next 4 weeks interpretation of statistics Next 2 weeks- collecting information from experts in the field of insurance Next 2 weeks writing up the case study Next 2 weeks Submission of soft copy for approval http//www. cirm. in/events/agriculture-index-insurance-conference-2012 -imp http//www. cgap. org/blog/lessons-india-weather-insurance-small-farmers

How Upholding Ethical Values Helps an Organisation

HOW UPHOLDING ETHICAL VALUES assistanceS AN ORGANIZATION THAT USES INFORMATION SYSTEMS? INTRODUCTION In order to understand the role of honorable values and the related to ethical codes of conduct with regard to selective information systems in presidency doing, t present is need to put the, whole affair in a broad place setting as to the rise of ethical issues and dilemmas in the management of systems for faceal performance and development.Information systems has been defined as a set of interrelated components that collect, process, monetary fund, retrieve and distribute selective information or/information in an organization referred to above facilitates closing making and control in an organization The data or information referred to above facilitates decision making and control in an organisation and hence being crucial to organizational management and performance.It can therefore be said that the system of managing the collection, processing, reposition, convalescenc e and distribution of data and information is what is termed as Management Information Systems. In point Management Information Systems is around the relationship between management and the operations of an organization. When you think about this assertion, three things stand out How IT or information systems improves the management of an organization How IT or information systems helps in the improvement of organizational performance How IT contributes to organizational developmentThe fact of the matter is that the rapid growth of Information Technology and hence the use of information system has contributed significantly to organizational management, improvement in organizational performance and organizational development in general. The rapid advancement in IT has led to creation of INTERNET and the rise of the DIGITAL FIRM. While significant achievements in complaisant progress have been recorded, at the same time, it has led to social costs for other users, and the rise of c omputer crimes.Infect the rapid advancement of IT and the attendant use of information systems has created ethical issues and this is due to the next I. T changes the distribution of decision making rights, power and other resources. For example IT makes it possible for millions of people to download video files weakening the exclusive rights of movie studios to control distribution for their own profit. IT creates new opportunities to commit crimes. For example e-mail creates conditions for extensive Phishing or online con games designed to defraud mediocre citizens.In this era if IT and the expansion of computer usage, ethical values for good management information system can be looked at in relation to the following ethical moral dimensions. Information rights and obligation this is about ourselves as human beings and organizations Property rights and obligation this is the protection of intellectual property rights Accountability and control this pertains to who will be he ld accountable in case harm is done. Systems quality standards of data and systems quality.Quality of life this is in connection with in the preservation of values and culture WHAT IS ethics Ethics refers to the principle of right and wrong which people use to make choices to guide their behavior and actions in the operations for organizational performance It is necessary here to reflect on some key technological trends which have led to ethical issues in information systems Computing power doubles every 18 months. Almost everything is computerized. The over dependence on computers us giving rise to errors.As computer usage increases its use if being abused Rapidly declining data storage costs. Modern computer techniques have led to the creation of multiple databases. Softwares have become cheap and this led to some people to store phonographic material. Data making advances the use of high speed search engines has led to things like harking. It has led to valuated access to inf ormation and hence interfering with peoples privacy and the confidentiality of organizational information and data is at stake. Advances in net produceing including the INTERNET This has led to increased computer crime.Thus, as we witness increased technological advancement and the increased use of information systems, concern must be put on the attendant rise of computer crime and other ethical issues, ethical concerns and dilemmas in this era of globalization. Therefore organizations using information systems must concern themselves with the need to put in place ethical codes of conduct and enforce them with violence on inculcating into the minds of their employees the use of ethical values in their day to day incline for the proposer management of their organizations and managementHOW THE USE OF ETHICAL VALUES CAN HELP AN ORGANISATION WHICH IS USING INFORMATION SYSTEMS Upholding ethical values in an organization using information systems is of benefit to both within and outsid e stakeholders. That is To outside stakeholders, the organization gives assurance to its clients of security and confidentiality of their data. Hence the integrity of the organization is reaffirmed. Ethical values are used to assure people of fair and free judgment thereof transparency in operation. Ethical values emphasize law and order which affect the behavior of employees in a desired direction.For example workers of an ethical candid organization would not spend working time moonlighting since they are aware of illegality involved in using organization resources for private work. Ethics controls dilemmas. For example it is not certain if software fits in intellectual property law since it is a code created by mathematical texts (Severson 1997 p. 33). Hence in such incidences the law would work best with morality. Ethics is used for consistent decision making at all levels of management in the organization because everyone would be aware of what is accepted or not.For example someone from an ethically upright organization was asked to steal funds using the electronic fund transfer would immediately say no because he or she would know is wrong without putting too much thought on the benefits of stealing. Through upholding ethical values, trust among employees is established since they are assured of confidentiality. This in turn brings a sense of belonging and commitment to the organization. By ensuring ethical values, the security is made certain since the organization ensures that the hacking is illegal and punishable especially in incidences of uncertainty.Fair presentation ensures honesty and fairness in the market to avoid law suits despite the pressure to succeed. This encourages whistle blowing in order to avoid negative furtherance that may tarnish the image of the organization in the public eye. For example it is unethical for an organization to bribe a worker from a competitor social club to be their informer on the competitors plans. Ethical values act as a driving force to achieving organization goals and objectives frankincense change magnitude productivity.That is ethics provides basic guidelines on which behavior is more likely to achieve the best results in the wrong run instead of mixing wrong and right. An organization upholding ethical values controls misuse of organization resources. For example if the organization considers download if internet material like movies, music for personal gain as un ethical, consequently its workers may not do that and this would minimize wastage of internet data. Upholding ethical values would create a conducive working environment which would create team work and sense of belonging for the workers.This reduces chances of corruption and malice as everyone would look out for each other from bottom to top and top to bottom. This also reduces supervision of workers thus providing opportunities for innovation. For example in an ethically upright organization, the manager may enjoy leave away from work without worrying about decline of profits in his absence. REFERENCES C. A Raiborn&D. PayneCorporate codes of conduct A collective conscience and continuum. Journal of Business ethics. 9879-889, 1990.

Yawning: Anthropology and Healthy Functional Person

Ryan Casey Anthropology in the News Contagious Yawning Contagious breatheing is something you cant control. Infants after 11 weeks after stemma start yawning and studys say that around the age of four, children start to develop contagious yawning. Doctors use this to see if the child has a disorder such as autism. What the doctors would do is see if the child response to soul elses yawn. If the child does respond then they would know if the childs brain is functioning right. This is a good way for doctors of even parents to pick up if there kid has something wrong.The contagious yawning surmisal would be contribution of the social and cultural subfield of anthropology. Contagious yawning would represent social anthropology because it shows the way in which the luggage compartment works and how it response to certain moves and actions that other people makes. Also, it would audition to be in the cultural subfield because it shows a pattern in the human body. Humans are not the only species that yawn. Studys shown that all vertebrates yawn such as snakes and lizards. But only humans, chimpanzees and sometimes dogs had shown that they respond to other people yawning, known as contagious yawning.People have been yawning for as capacious as humans have been around. This shows that yawing and contagious yawning is in the human culture, and a sign of social bonding. Contagious yawning would be more turn out in human biota because it is a reaction of the body when the brain recognize someone else yawn, it sets off a trigger in your brain that makes someone looking at someone yawning also yawn. Anthropology provides vital knowledge and information in this case of contagious yawning.This is shown in the story when they mention how the body develops overtime and when young infants at an early age of four show signs of contagious yawning. Also, it tells us how some primates and all vertebrates also devolve the theory contagious yawning. Contagious yawning is a sho wn is something that a healthy functional person cannot control. It is shown in the social and cultural subfields of anthropology and shows facts to support human culture, human biology and human history. Anthropology provides facts and knowledge about contagious yawning.

Is Speaking the Most Difficult Skill?

Is speaking the to the highest degree difficult skill? In my opinion it is hard to posit. It depends on the age of the loudspeaker system, his level of English, how long is he learning and in any case what kind of English does he operates (possess). There is a big difference between a student of a university where he is studying English and a person (e. g. at the same age) who knows English from some courses. So that is why I am not sure about question whether is speaking the most difficult skill. From my own experience I would say that speaking is maybe at the same level as hearing.But I count that listening is minuscule bit more difficult than speaking because when you argon speaking, you have some time to thing about the vocabulary, to choose the right word and what is the most important, if you be not able to find the right word (or you do not know how to say it in English) you can use circumlocution, describe the word only when similarly the listener can help you in so me way. Whereas in listening there are not so many possibilities how to understand the meaning.There are not so many ways how to help yourself. Mr. Brown says that ,,spoken language does indeed contain a good deal of redundancy, it also has many lessen forms That is why (in my opinion) is listening more difficult. Person who is on the elementary or intermediate level is not able to understand reduced forms in the flowing of sounds (speech) like Ill /ail/, youd /youd/ etc. He does not understand what does ail mean. He knows only I will. But when speaker say ,,I will not Ill there is no mistake.Another example why speaking is not the most difficult (while listening is) is because of ,,the rephrasings, repetitions, elaborations and little insertions of ? I mean? and ? you know? etc. (Brown). This means that using of these empty phrases is not obligatory for the speaker. Of course the speech is more natural by using these phrases. On the other hand, these empty phrases may cause to l istener-beginner some problems in understanding although sometimes they can help to be fixed (oriented) in given information.There is also another reason why listening is more difficult that speaking. Let us take the speed of the speech. Many people who were abroad (Great Britain, USA) say that they had problems with listening comprehension for first one or two months. Every native has his own speed of speaking (which is sometimes quite fast) and I am not speaking about dialect or accent. Person who is listening to native can have problems to catch some word or yet meaning. But in speaking it is easier.It does not matter which kind of speed you are speaking or which kind of accent do you have. Native or non-native will understand what are you talking about At the end I would say that the most important is that we can not separate listening from speaking and speaking from listening. Both are difficult (more than reading and writing) but according to my opinion and my experience, spe aking is not the most difficult skill. I think that listening is the most difficult.

My First Day In The US Essay

As I remember it, the first day that I came to U.S. was June 26, 2006. My first day in U.S. was both excite and upsetting, I was exciting rough was seeing my mom for the first time over a year, the upsetting part is I had to leave my full memories in my hometown. I had to left all of that behind friends, family and schools. However, life moves on, things need to be d unmatched.When I got out of the terminal in LAX, I saw the smile on my mothers face that was the happiest smile I hadnt seen in a long time. She waved at me and she was wearing a white T-shirt and grisly jeans. As we were walking towards the car in the parking lot, she asked me how do you feel, atomic number 18 you happy to be here? Then I answered the weather is pretty good and the people seem nice.As we headed to dinner from LAX, I noticed there are a lot of open roads in California that are well taken care of, and people run for to drive a lot faster here in California than in China. I utter to my mom, The roads here seems to be in better condition then in China. My mom answered Well, yes, the road construction in the United States has a high quality than China, however, it takes more than time to complete Highways here. Normally, in the United States it takes around 4-5 years to build a bridge. In China, as you know, it only take one year or two years tops, which that might be the reason why the roads here are a better quality than in China.As we went along, I in addition noticed California drivers tend to be more aggressive than Chinese drivers, often changing lanes without using their turn signals. Californians also tend to drive a lot faster than those in China, might be because the roads are in better conditions.It only took us about an hour to the restaurant where we had dinner. It was called The Hat, in Victoria Gardens. I noticed along the road parking patterns in the United States are much more regulated. People in China park either way and either direction on the road, while p eople in United States park establish on the direction of the road (i.e. if someone is driving on the right side of the road they just park on the right side of the curb). at bottom the diner, we ordered a pastrami dip sandwich, and a tuna sandwich. They were both was tasty. The chili cheese fries were enormous. We didnt even finish it all, but I love The Hat from that moment on. However, as we waiting for the nutrition, I saw on the menu, almost all the food is stylized around individual servings. Such as steak sandwich , french fries, pastrami dip sandwiches and soups. They are all served as separate courses (appetizers, main course, etc). Back in China, in my mind, I thought all of the food from every individual course is served together.As we were eating, I looked at the kitchen where they are making sandwiches, it seems that the kitchens of American style food are more peaceful. People tend to buy only things like lumps of fish that cant be distinguished from other fish withou t a label or crabs that may leave already been boiled. All you have to do is put them into the oven or the pan and cook them. In China, however, the kitchens seem very violent and active. All of the chicken, turn off and fish are freshly cut in the kitchen. The kitchen is full of glimmering kitchen knives. I feel as if it is like a battle field.The atmosphere of American and Chinese food differ greatly. A lot of good American restaurants are generally built in beautiful scenic or metropolitan areas, so I sometimes feel as if American food is about Eating the scenery rather than Enjoying the taste.Time flies, I have been in the U.S. for more than six years. at that place are some more things that I didnt notice on the first day I arrived in California. There are many cultural differences between the U.S. and China. In China, one of them is people think about ideas in a collective sense, often considering how their actions allow for affect their friends and families. Chinese peop le tend to collaborate before making a decision. Decisions are made for the greater good as opposed to individualised choice. In America, prioritizing individual goals and motives over the group is considered the norm.The number one reason I came to U.S. was because my mother wanted me to. I had to leave all my friends and family behind. It was the hardest decision that I ever had to make because I didnt want to disappoint my mother.Students in California are not as stressful as the students in China. There are be many actives available in California, because of more freedom to young people then would be in China. At last, to be in the U.S. is just like a new adventure, I learned many things that I could never learn in China. I met a lot of evoke people that I probably could never have met if I am still in China. Overall, looking back to the first day, I was like a countrys boy that just came into the city.

Life of Maya Angelou Essay

Maya Angelou was born an African American. One would feel the agony she went through to be born as such and in America. Her grandmother was raped and wear out a child this child later came to be her mother. Similar to the ferocity her grandmother experienced, she was raped as a child by her mothers boyfriend who was later on killed by her uncles. Because of this, she didnt speak for almost six years afraid that her words had killed the man. This must be the dawn of her way of life to being a writer, realizing that words ar powerful.If it could kill then it could give life as well. When her parents divorced, her grandmother took good care of her and her brother Bailey, Jr. and it was him who c every last(predicate)ed her Maya. She became many an(prenominal) things a dancer, a cable car operator, a singer, a waitress, and where she flourished, a writer. The turn of her career came when she went to Egypt and Ghana. She went back to America to support Malcolm Xs validation of Afric an American Unity but he was assassinated. The struggle of the race continued as she supported Martin Luther King, Jr.who was also assassinated defending the African American cause, this made Maya Angelou devastated. She never stopped working for the emancipation of the African Americans and continued writing for equal rights and liberty. And so, in 1993, she read On the Pulse of Morning, at President William Jefferson Clintons inauguration at the White House. Her words are valuable to the nation. Her words influence men of power. Her life is interesting which produced works that are priceless to the American mountain most especially to the African Americans of whom she dedicated her efforts to for their emancipation.Angelous style of writing categorized her works in the genre of autobiographic fiction because of her writing styles in dialogues, characterization, development of theme, readyting, plot and language. But for her, these are simply autobiographies. She speaks through her writing what she has learned or learning out of life. In her interview with Mike Schneider in Bloomberg TV, she talked to all women as her daughters for her book, Letter to My Daughter.She speaks to them how a woman surpasses an incident in life as she would, given a similar situation. She writes to all the women as her daughters, sharing with them her story wish well she was one with them. In the poem, I Know Why the Caged Birds Sing, one would feel betwixt the lines how an African American feels in the land called America. The words are simple and yet powerful in the sense that it deeply triggers emotions from the reader. These are deep sentiments of an enslaved race, abstracted to be free but the birds wings are clipped.Feelings of being held while the other birds are free is something that she has undergone while the albumins roll in the hay the liberty of being part of their race. A critic named Lupton, considered Angelous writings as autobiographies for they put up th e elements of such written by a angiotensin-converting enzyme author, chronological, and they contain character, technique and them. Although, there are parts that are fictional, the elements necessary for an autobiography are present. Angelou has the tendency to go to the direction against the convention of what an autobiography is.She used the offset person singular, I in talking about we. She is placed among the African American autobiographists but other writers insist that she has forced a different kind of reading of the autobiographical form. The book, I Know Why the Caged Bird Sings, became an acclaim containing the sentiments of the nasty people. She wrote it out of a challenge by Robert Loomis, her editor, for her to write high art. African American literature is more challenged in such that the authors have to agree about the status of their writings on whether its high art.ONeale considers Angelous poetry a more expected ghetto expressiveness and she also avoids a m onolithic unrelenting language. The bird was used as metaphor that is struggling to set itself free from its cage. The cage that incarcerates the creature represents oppression of the African American people. It must be emphasized as well that Angelou doesnt intend to isolate the white people. She wanted to promote the relevance of diligence so as to change the concept of laziness among African Americans. At the latter part of the 1960s, one of her goals was to create a book that satisfied the criteria, organic unity.According to English literature scholar Valerie Sayers, her poetry and prose are similar because of the episodes which are done like a series of short stories, but they do not follow a chronology of events. Her prose and poems are both in direct voice, which are characterized by steady rhythms with lyrical patterns that use figures of speech (similes and metaphors). Hagen has mentioned that Angelous works were influenced by the African American communitys literary and oral tradition. She uses the blues harmony and literary characters in testifying about her life and hardships, with the use of metaphors, rhythms, and intonations.Angelous one of the most important themes are kinship, this has something to do with her parents abandonment of her and her brother, her relationship with her son, husbands and lovers all throughout her books. She discusses the value of family relationships of how it can affect development of a person. She spoke of her paternal grandmother who prophesied of her being a teacher when she intentionally went mute. Telling her that she would be a teacher someday but how could that happen if she does not speak.In most of her books, motherhood is predominantly manifested based on her experiences as a single mother, a daughter, and a granddaughter. Like in the book, Letter to My Daughter, she dedicated this book to all women pondering on their life experiences. She delivered words of wisdom to ease and give directions to their s ouls. When asked if she would say the same things to her son or sons, she said it would be different. She would never know how it is to be a man. If she would write something for her son/sons, it would be through the perspective of a woman.Her plot often surrounds in this motif mother & child. The woman who survives intact and happy must be at once bare-ass and tough. Maya Angelou, Wouldnt Take Nothing For My Journey Now (1994) She is an embodiment of strength and wisdom. This is where she gets her tenets from the experiences she has gained from childhood up to the present which molded her to become a woman whom people listen to. For Scholar Mary Burgher, African American women autobiographers have rejected the stereotyping of roles as breeder and matriarch of their kind and they are being presented as fictive and personally fulfilling.Maya Angelou also wanted to deliver the message that women are more than the purpose of bringing forth children. Women are valuable beings in s ociety as much as men are. In her books, women are winners and are brilliant who have overcome hindrances of racial discrimination. She has been influenced greatly by her relationship with her grandmother who died other(a) in her third autobiography, Singin and Swingin and Getting Merry Like Christmas. Momma (Angelous grandmother), is quoted in the whole book.I write because I am a Black woman, listening attentively to her people. Maya Angelou, 198487 She has greatly contributed to the emancipation of the black people in America working alongside with Malcom X and Martin Luther King, Jr. Went through nakedness because of their deaths but continued on the struggle of her people. She continued to express the pains she goes through as a black woman through her music and poems. using her gift in expressing through words her thoughts and struggles, unified the very same sentiments of all the black people in America.Her experiences especially from childhood gave her the foundation she required to become who she is now. Everything that transpired in her life was a message she depicted in all her books. She resisted racial biases and protested outright to effect change in American society. She mentioned in her interviews when asked if she was angry, she said, I am angry but I am not bitter, reiterating that anger was necessary to express indignation to the unjust treatment towards the black people. She emphasized, however, that she is not bitter.There is a difference between those two. She used anger to advance the cause of African Americans but made sure there is no bitterness in her heart. Works Cited Hagen, L. (1997). Heart of a Woman, Mind of a Writer, and Soul of a Poet A Critical Analysis of the Writings of Maya Angelou. Lanham, Maryland University Press. Lauret, M. (1994). Liberating lit Feminist fiction in America. New York Routledge. ONeale, S. (1984). Reconstruction of the Composite Self New Images of Black Women in Maya Angelous Continuing Autobiography . Garden City, NY Doubleday.

Conversation between nick and jordan Essay

One of the reasons that Gatsby has become so famous roughly New York is that he throws elaborate parties all(prenominal) weekend at his musical compositionsion, lavish spectacles to which batch long to be invited. I made the short walk to Gatsbys house and joined the festivities, belief somewhat out of place amid the crowd of ecstatic strangers. Gatsbys party is almost unbelievably luxurious guests marvel over his Rolls-Royce, his swimming pool, his beach, crates of fresh oranges and lemons, cut tents in the gardens overflowing with a feast, and a live orchestra playing under the stars. Liquor flows freely, and the crowd grows rowdier and louder as more and more guests get drunk. In this atmosphere of opulence and revelry, Jordan and I, curious to see this Mr Gatsby set out to find him. At midnight, Jordan and I went outside to watch the entertainment. We sat at a table when a very hearty dressed cosmos said that I looked very long-familiar to him and explain that we serve d in the same division during the war. He then serviceman introduced himself as none other than Jay Gatsby.His speech was so elaborate and formal, and he had a habit of work everyone older sport. As the party went on , I felt myself being increasingly fascinated with Gatsby but Jordan was always there on the keystone of my mind. The more time I spent in the corporation of Jordan Baker , the stronger I was drawn to her. It might have been the alluring way her slender figure snaked itself In and out of the scandals of Tom and Myrtle as well as Daisy and Gatsby , or her cool manner of simmering down daisy when things got heated between tom and daisy and they were bickering over something trivial. gouge was never a man to let a young lady know how he felt astir(predicate) her , so he simply watched from a comfortable perch as Jordon sauntered around gatsbys mansion , encountering old girlfriends , previous competitors and former hunch overrs. Her dress was a simple style , pre ssed tightly over against her , and her golf club was always secured at her side. mountain pass felt something brush against his shoulder. Fairly accustomed to drunken partygoers , he ignored it. Its all quite marvellous , isntt it ? a region prompted him.Jordan had found her way back to him , apparently bored of all the glitter and intrigue. But its quite ridiculous as well she rolled her eye draggin her club across the staircase railing. Nick felt an overwhelming desire to remain silent and allow jordans dominant personality to steer the converse whenever she intented it to go.However , her kohl-enhanced eyes widened in expectation. Quite marvellous indeed nick piped up, fiddling with the cuffs of his suit sleeves. I received an invitation , you know.From mr.gatsby himself Nick attemped small talk , but was insensible that dabbling in gossip would ensure jordans commitment to the conversation.I hear he killed a man Jordan arched her brows with a smirk, but then again , they p robablu say the same thing about me. why ever would yo think such a thing? nick shuffled uncomfortably Jordans eyes danced with laughter and she stood back to survey nick with amusement a women with a flawless golf record and a string of pearls? she gave him a sceptical glance, Now nonhing veracious can come out of that Nick pursed his lips , not quite sure how to respond. Well you seem quite content with your lifestyle, he pointed out gingerly. Jordan chuckled under her breath. It was as though she found nicks innocence endearing. Of course I do , Mr. Carr past . I love to golf , but you see , I love to party as well she gestured to the potassium party around her, and this frightens most men.. and women she sighed dramatically.To Nick, seeing a woman like Jordan, one who drinks and gambles, he wouldnt assume that she was too. Although , you dont seem too afraid Jordan noticed, maybe youve benn spending too much time in New York , Mr . Carraway. well I , nick fumbled on his word s , I I do believe my cousin daisy enjoys your company. Yes Daisy and I were inseperable in our youth . but now she thinks Im a fool. Well , personally I think but nick was interrupted. A man had leaned In toward Jordan to mumur Mr Gtasby requests your presence , Ms Baker. Me? Jordan was dually incredulous and fascinated.Well , a girl must go where shes wanted, she laughed and winked at Nick , as though they now shared a special Secret. Watching Jordan walk away Nick felt a special attraction to Jordan but brushed it off as though to say he would just be some other fling to her.One of the reasons that Gatsby has become so famous around New York is that he throws elaborate parties every weekend at his mansion, lavish spectacles to which people long to be invited. One day, Gatsbys chauffeur brings Nick an invitation to one of these parties. At the appointed time, Nick makes theshort walk to Gatsbys house and joins the festivities, judgement somewhat out of place amid the gath ering of jubilant strangers. Guests mill around exchanging rumors about their hostno one seems to know the truth about Gatsbys wealth or personal history. Nick runs into Jordan Baker, whose friend, Lucille, speculates that Gatsby was a German spy during the war. Nick also hears that Gatsby is a graduate of Oxford and that he once killed a man in cold blood. Gatsbys party is almost unbelievably luxurious guests marvel over his Rolls-Royce, his swimming pool, his beach, crates of fresh oranges and lemons, buffet tents in the gardens overflowing with a feast, and a live orchestra playing under the stars.Liquor flows freely, and the crowd grows rowdier and louder as more and more guests get drunk. In this atmosphere of opulence and revelry, Nick and Jordan, curious about their host, set out to find Gatsby. Instead, they run into a middle-aged man with huge, owl-eyed spectacles (whom Nick dubs snout eye) who sits poring over the unread books in Gatsbys library. At midnight, Nick and Jor dan go outside to watch the entertainment. They sit at a table with a handsome young man who says that Nick looks familiar to him they realize that they served in the same division during the war. The man introduces himself as none other than Jay Gatsby. Gatsbys speech is elaborate and formal, and he has a habit of calling everyone old sport. As the party progresses, Nick becomes increasingly fascinated with Gatsby. He notices that Gatsby does not drink and that he keeps himself separate from the party, standing alone on the marble steps, watching his guests in silence.At two oclock in the morning, as husbands and wives argue over whether to leave, a butler tells Jordan that Gatsby would like to see her. Jordan emerges from her conflux with Gatsby saying that she has just heard something extraordinary. Nick says goodbye to Gatsby, who goes inside to take a phone call from Philadelphia. Nick starts to walk home. On his way, he sees Owl Eyes struggling to get his car out of a ditch. Owl Eyes and another man climb out of the wrecked automobile, and Owl Eyes drunkenly declares that he washes his hands of the whole business. Nick then proceeds to describe his everyday life, to prove that he does more with his time than simply envision parties. He works in New York City, through which he also takes long walks, and he meets women.After a brief relationship with a girl from Jersey City, Nick follows the advice of Daisy and Tom and begins seeing Jordan Baker. Nick says that Jordan isfundamentally a dishonest person he even knows that she cheated in her first golf tournament. Nick feels attracted to her despite her dishonesty, even though he himself claims to be one of the few honest people he has ever known. He had one of those rare smiles with a quality of eternal reassurance in it, that you may come across four or five times in life. (See Important Quotations Explained)AnalysisAt the etymon of this chapter, Gatsbys party brings 1920s wealth and glamour into full f ocus, showing the upper class at its most lavishly opulent. The rich, both socialites from East en and their coarser counterparts from West Egg, cavort without restraint. As his depiction of the differences between East Egg and West Egg evidences, Fitzgerald is fascinated with the social hierarchy and mood of America in the 1920s, when a large group of industrialists, speculators, and businessmen with brand-new fortunes joined the old, aristocratic families at the top of the economic ladder. The new rich lack the refinement, manners, and taste of the old rich but long to break into the polite society of the East Eggers. In this scenario, Gatsby is again an enigmathough he lives in a garishly ostentatious West Egg mansion, East Eggers freely attend his parties.Despite the tensions between the two groups, the blend of East and West Egg creates a clearly American mood. While the Americans at the party possess a rough vitality, the Englishmen there are set off dramatically, seeming de sperate and predatory, hoping to make connections that depart make them rich. Fitzgerald has delayed the introduction of the novels most important figureGatsby himselfuntil the beginning of Chapter 3. The reader has seen Gatsby from a distance, heard other characters talk about him, and listened to Nicks thoughts about him, but has not actually met him (nor has Nick). Chapter 3 is devoted to the introduction of Gatsby and the lavish, showy institution he inhabits. Fitzgerald gives Gatsby a suitably grand entrance as the aloof host of a spectacularly decadent party. Despite this introduction, this chapter continues to heighten the sense of mystery and enigma that surrounds Gatsby, as the low visibleness he maintains seems curiously out of place with his lavish expenditures.Just as he stood alone on his lawn in Chapter 1, he now stands outside the throng of pleasure-seekers. In hisfirst direct contact with Gatsby, Nick notices his extraordinary smileone of those rare smiles with a quality of eternal reassurance in it. Nicks impression of Gatsby emphasizes his optimism and vitalitysomething about him seems remarkably hopeful, and this belief in the brilliance of the future impresses Nick, even before he knows what future Gatsby envisions. Many aspects of Gatsbys world are intriguing because they are slightly amissfor instance, he seems to throw parties at which he knows none of his guests. His accent seems affected, and his habit of calling people old sport is hard to place. One of his guests, Owl Eyes, is surprised to find that his books are real and not just empty covers designed to create the appearance of a great library.The tone of Nicks narration suggests that many of the inhabitants of East Egg and West Egg use an outward show of opulence to cover up their inner corruption and moral decay, but Gatsby seems to use his opulence to mask something entirely different and perhaps more profound. From this chapter forward, the mystery of Jay Gatsby becomes the motivating headland of the book, and the unraveling of Gatsbys character becomes one of its central mechanisms. One early clue to Gatsbys character in this chapter is his mysterious conversation with Jordan Baker. Though Nick does not know what Gatsby says to her, the fact that Jordan now knows something remarkable about Gatsby means that a part of the solution to the enigma of Gatsby is now loose among Nicks circumstances of acquaintances. Chapter 3 also focuses on the gap between perception and reality.At the party, as he looks through Gatsbys books, Owl Eyes states that Gatsby has captured the effect of theater, a kind of mingling of honesty and dishonesty that characterizes Gatsbys approach to this dimension of his life. The party itself is a kind of elaborate theatrical presentation, and Owl Eyes suggests that Gatsbys whole life is merely a show, believing that even his books might not be real. The novels title itselfThe Great Gatsbyis suggestive of the crystalise of vaudev ille billing for a performer or magician like The Great Houdini, subtly emphasizing the theatrical and perhaps illusory quality of Gatsbys life. Nicks description of his life in New York likewise calls attention to the difference between substance and appearance, as it emphasizes both the colorful captivate of the city and its dangerous lack of balance he says that the city has an adventurous feel, but he also calls it racy, a word with negative moral connotations. Nickfeels similarly conflicted about Jordan. He realizes that she is dishonest, selfish, and cynical, but he is attracted to her vitality nevertheless. Their budding relationship emphasizes the extent to which Nick becomes acclimated to life in the East, abandoning his Midwestern values and concerns in order to take advantage of the excitement of his new surroundings.

Memories of a Childhood’s Slavery Day Essay

In Memories of Childhoods Slavery Days, Annie Burton was innate(p) into slavery in 1858 on a plantation outside of Clayton, Alabama and raised by her working girl after her mother ran away. She grew up during the Civil War and remembers her early days on the plantation. after creation set free, Burtons mother returned for her children. Annie was hired as a nanny by Mrs. E. M. Williams, who taught her how to read and write. After her mother died, Annie took responsibility for her three younger siblings and moved to Boston in 1879. She later moved to tabun and then Jacksonville, Florida, where she worked in a restaurant before returning to Boston.In 1888, she married, and ran a boarding family with her husband. She began taking evening classes at the Franklin Evening School, and the headmaster, Frank Guild, suggested that each of the students write their life story. It was this suggestion that gave Burton the press out to write her autobiography. Burtons Memories of Childhoods Sla very Days (1909) is divided into four parts. In the prime(prenominal) section, called Recollections of a Happy Life, Burton talks about her childhood on the plantation in Alabama and her uniting to Samuel H. Burton. In the second section, Reminiscences, Burton reflects on being set free and the way it changed her life.The third section, Vision gives a detailed account of Burtons religious change. Burton also includes an essays and poems she wrote. The memory of my happy, care-free childhood days on the plantation, with my atomic white and black companions, is often with me. Neither master nor mistress nor neighbors had time to bestow a opinion upon us, for the colossal Civil War was raging. That great event in American history was a case wholly outside the realm of our childish interests.Of course we heard our elders discuss the various events of the great struggle, notwithstanding it meant nothing to us. Burton talks about knowing that the Civil War was going on but not bein g old enough to know or care about it. She also calls it a great event in American history. Though it may not have been to white Southerners, it was day slaves were postponement for. She also states that There are hidden wrongs perpetrated by the whites against the negro lead that will never be brought to light until the race owns and controls its own daily newspapers which alone have the power to discover and enthrone truth, therefore becoming a safe guide to all honest seekers of facts respecting the race whether from a moral, educational, political or religious field.To carry out the plans suggested, whether viewed from an intellectual, industrial, commercial, or editorial standpoint, the world must acknowledge that to-day the negro race has the men and women, who are true to their race and all that stands for negro progress.

Limitations of financial ratios as a tool to evaluate financial performance Essay

Although financial ratios play a critical case in allowing investors and analysts to give appropriate predictions and a nib of how the come with will achieve in the future years in terms of stock prices and profitability but a measure problem with these ratios is that they atomic number 18 based on historical selective information and therefore an attempt to look into the future with the use of these ratios is risky and exposes investors to different kinds of risks such(prenominal) as inflation, cross-border risk and other business related risks. other limitation of these ratios is related to there limited use on there own.Certain ratios are peanut unless they compared with the older data or industry averages. This is a main reason why most analysts compulsion to compare a companys financial ratio with the industry figures. This overly means that an consciousness of the business and industry must be there with the investor before a decision is made with regards to buying th e stock of a company. We also see that firms and their finance departments do try their best to inflate results and window dress the balance sheet and profit and loss figures.This can lead to over estimated revenues and understated cost which might be discovered later. Therefore it is eventful to look at different ratios and notes to the statements before conclusions are drawn. There is also a case for companies that have defaulted or there have been instances where scams have been caught and describe by the securities companies and other government departments. Some of the financial ratios also might be impacted by the sudden change in a particular part or some economic factor that might have a short-term affect on the surgical procedure of the companys screw line and earnings per share.To counter this short-term possibility analyst must look at twain technical and fundamental analysis before deciding the long-term interpret on the company. Another bang with financial rati os is that it does not take into account off-balance sheet items that might play a significant role in the profitability and revenue generation of a company this is a case especially for investment funds banks. We also see that financial ratios only use accounting data and not economic data.This is also a downside to financial ratios as only limited data is being used to come to important conclusions. (Financial modeling guide, n. d. ) Conclusion MITIE is a strong group with businesses in strategically strong markets where long-term view is extremely positive. The company has strong financials with a prudent policy of avoiding debt in uncertain times. The company has through with(p) well considering the difficult time that has been presented by the economic recession and worldwide financial crunch. The companys profitability looks stronger as we move into 2010 and beyond.The company also has huge potential in business areas such as infrastructure oversight and property works espec ially within the public sector. We say so because a lot of options will be available and a number of opportunities present themselves specifically in the government sector. (Reilly & Brown, 2003) The financial analysis reveals important stuff about the company firstly the company has in truth few assets backed by long-term borrowing which shows that the company has an opportunity to raise finances by leveraging its balance sheet.This could be very effective if some strategic capital is bought or involution is sought by the company. We also see great potential as the liquidity and cash invest of the company s very impressive this is the case because it is very difficult to manipulate important data in the cash flow statement and the cash flow figures therefore a good performance in that sector shows great potential and the healthy performance of the company.Essentially what is of utmost importance for the company is the fact that it has successfully faced the lowest points of the e conomic cycle and more importantly it ensured that it developed sufficient policies to handle the recessionary times so that in future when liquidity crunch will draw again the company will have adequate measures in place.Appendix Bibliography Baker. H, Powell. G, 2005. Understanding financial management a practical guide. Blackwell Publishing Financial Modeling Guide, n. d. Limitations of Financial Ratios in Financial Modeling.Viewed February 6, 2010. http//www. financialmodelingguide. com/financial-ratios/financial-ratio-limitations/ MITIE, 2010. Investors at MITIE, viewed February 7, 2010 http//www. mitie. com/investors MITIE, 2010. roughly us, viewed February 7, 2010 http//www. mitie. com/about-us MITIE, 2010. Annual Report 2009, viewed February 7, 2010 http//www. mitie. com/investors_reports-and-presentations_2009_MITIE-Group-PLC-Annual-Report-2009 Reilly, K Frank & Brown, 2003. Investment Analysis and Portfolio Management, Cengage South-Western Publisher.

A Double Edged Sword Cuts Both Ways Essay

The phrase a doubled edged sword cuts twain ways bureau that something has some(prenominal) beneficial and adverse outcomes. The comparison is made to a double-edged sword because it allowed the wielder of the sword to berate on the backswing without having to pivot the weapon in their hand, notwithstanding it as well as allowed the wielder to cut themselves on the backswing. The flakeual line of business of the phrase is unknown, but the earliest mentions of it nooky be found in the Bible. This phrase apprize be applied to literature, art, music, and society passim history. The phrase rang true in its Biblical inception and remains ger hu servicemankinde(predicate) in the media of today. Many facets of our society wield double-edged swords from our political issues to our everyday entertainment. I selected this phrase because the grandness of the repeat allows it to apply to more subjects across the whole of time. A double edged sword cuts both ways demonstrates that every decision can have consequences and benefits, and its important to think before you act on impulse. In the dramatic short story The Tell-Tale Heart, Edgar Allen Poe demonstrates that humans are not heart-to-heart of enduring extreme guilt.The storys narrator lives with an old man and is constantly haunted by the old mans eye. The narrator is mentally ill, and he decides that he can no womb-to-tomb endure seeing the eye anymore and resolves to kill the old man. After the murder, the narrator hallucinates that he can hear the old mans heartbeat underneath the floorboards, and he cracks himself in to the police to be quiet the sounds of his guilt. The biggest motif in this work is the concept of time. The amount of time spent with certain actions is never specified, merely that it takes a long time to do so. Time is used to describe the heartbeat of the old man right before his murder and the hallucination of it afterwardswards. Time is what tortured the old man while he wa s awaiting his death, and time spent dealing with the old mans eye is what made the narrator insane.My recite is a double edged sword cuts both ways, and, in the context of this story, the truth cuts both ways. Yet the sound increased yet the officers heard it not. I talked more quickly more vehemently but the noise steadily increased. I arose and argued about trifles, in a high key and with ruby gesticulations but the noise steadily increased. The narrator is hallucinating that he can hear the old mans heartbeat. He believes that the officers can hear the heartbeat as well, so he tries to speak louder to concoct up the sound. Anything was more tolerable than this derision I could nurse those hypocritical smiles no longer I felt that I must scream or dieI admit the deed flop up the planks Here, here It is the beating of his hideous heart The narrator can no longer bear the sound of his hallucinations and admits to his murder to stop the heartbeat. This coincides with my quote b ecause admitting the murder would obviously put him in jail, but it would cease him of the hallucinations that he knows are going to push him further into insanity.Admitting his murder is the narrators double-edged sword. In the poem England in 1819, Percy Shelley demonstrates that the presidency can be corrupt just as easily as it can be good. The poem tells of the rule of the dying king and his sons that take over the throne. The people are starving and dying, and the laws and army, which were implemented to protect the people, have turned against them and are now their oppressing force. A major illustration in this work is the comparison of the government to unseeing, unknowing leeches that live for their own benefit while imbibe life from otherwises. This poem is related to my quote because it frames the law as a double-edged sword. An army, which liberticide and prey/ Makes as a two-edged sword to all who wield. This conveys that the army, a force meant to protect the peop le, has turned against them. Golden and sanguine laws which coax and slay expresses that the supposedly perfect laws are the reason for the oppression in England.This corresponds with my quote because the sovereignty of the government can create security or oppression depending on how the power of the government is used. In the learning fiction movie The Eternal Sunshine of the Spotless Mind, Michel Gondry conveys that memories are the best and worst things people can have. The main characters of the movie, Joel and Clementine, meet at the beginning of the movie and quickly start dating. Their relationship takes a turn for the worst, and Clementine goes to a clinic to have all memory of Joel literally erased from her mind. Joel learns about her procedure and decides to do the kindred for himself. During the procedure, however, Joel becomes consciously aware of all the memories hes losing and attempts to reverse the process.The most prevalent theme throughout the film is the paral lels of Joel and Clementine and Hermes and Aphrodite. Not just the personalities of the deities that are portrayed in the film through the characters, but there are multiple events in mythology between the couple that were cleverly re-enacted in the movie. This film connects to my quote because Joels memories are his double-edged sword. Keeping his memories of Clementine would be painful, especially since she had her memories of him erased, and getting them erased would make him go out that pain but at the cost of all of the wonderful times he had with Clementine. Regarding Joels comity to forget the painful memories, he is told, Blessed are the forgetful, for they get the better even of their blunders. On the other side of his sword, Joel has his memory wiped and, after failing to reverse the process, says to Clementine, Come back and make up a good-bye at least. Lets pretend we had one.Through every step of the movie, before the procedure, during the procedure, after the procedu re, and before he even knows the procedure exists, memories serve as a double-edged sword for Joel. In the vivid painting Death of Caesar, Vincenzo Camuccini portrays that misuse of power will have consequences that displace that power. This painting illustrates the keen of Julius Caesar by his subjects and fellow court members. The focal point of the painting is Caesar (rather dramatically and arrogantly, even as hes being stabbed) falling to the ground with several men around him wielding knives. The most apparent symbolic representation in the painting is depicted with the coloration of Caesar and his attackers. Caesar is depicted in red and his attackers in white. Red is meant to play evil or oppression and white cleanliness or purity.Another man standing near Caesar is also depicted in red this is believed to be Brutus because he and Caesar were friends, yet he was until now the one that initiated the rebellion. Julius Caesar did many fantastic things politically and militar ily for Rome, but, after assuming full control over the government, he became a dictator. His power-hungry oppression caused his fellow statesmen to plot against and murder him. The scene illustrated in the painting displays the anger ignited in the conspirators because of Caesars misuse of power. The painting is pertinent to my quote because power is displayed as a double-edged sword.A double edged sword cuts both ways is a reminder that everything you do, even if it seems like a good decision at the time, can have consequences. It encompasses the human tendency to be indecisive, to fear the unknown, or to act on impulse to avoid that fear. This quote is woven throughout history, and its meaning is still pertinent today. This phrase reiterates the importance of taking the time to weigh out every option and really understand the repercussions of your actions.

BDO Unibank Essay

The warrant logo of Banco de OroBanco de Oro had its humble beginnings on January 2, 1968, when it started off as a thrift bank called Acme savings Bank. With two branches in Metro Manila, Acme was ane of the smallest banks in the Philippines at the time. In November 1976, Acme was realized by the Sy Group, the group of companies currently owned by retail magnate Henry Sy, and renamed Banco de Oro Savings and Mortgage Bank. In December 1994, BDO became a commercial bank. To reflect the banks new status, BDO was renamed Banco de Oro Commercial Bank, and in folk 1996, BDO became a universal bank, which led to the banks name being changed to the current Banco de Oro Universal Bank. It is one of the many banks owned by a Chinese-Filipino in the Philippines (others includeMetrobank and Chinabank). BDO eventually became involved in indemnification run in 1997 (it is a bancassurance firm) by establishing a subsidiary called BDO Insurance Brokers. In 1999, BDO expanded its insurance se rvice through partnerships with Assicurazoni Generali s.p.a., one of the worlds largest insurance firms, and Jerneh Asia Berhad, a member of Malaysias Kuok Group. Later, BDO partnered up with its insurance affiliates, which are Generali Pilipinas Life Assurance Company and Generali Pilipinas Insurance Company, in certify 2000Dao Heng BankOn June 15, 2001, BDO interconnected with Dao Heng Banks Philippine subsidiary, with BDO as the hold up entity. The uniting boosted the number of BDOs branches from 108 branches before the merger to 120 after the merger.Banco Santander PhilippinesIn August 2003, BDO acquired the local banking unit of Banco Santander with its commercial, presumption and derivatives licenses to become BDO Private Bank, a fully owned subsidiary of BDO Unibank. The main goal the BDO Private Bank is to create grocery store cover in the Private Banking/Modern Affluent Market segment by pe authoriserating key areas in BDOs network. This is to complement and explore how the BDO Group can service all the financial and investment funds necessarily of the client.United Overseas Bank PhilippinesIn late April 2005, United Overseas Bank sold 66 out of its Philippine subsidiarys 67 branches to BDO after UOBs Philippine subsidiary is sort out to rationalize its operations from retail to wholesale banking. All UOB branches completed integration into the BDO network on March 22, 2006, increasing the number of Banco de Oro branches to 220.Equitable PCI BankOn August 5, 2005, Banco de Oro and an SM subsidiary, SM coronations, bought 24.76% of the shares of Equitable PCI Bank, the Philippines third-largest bank, and 10% of an Equitable PCI affiliate, Equitable CardNetwork, one of the Philippines largest credit card issuers, from the family that founded the bank, the Go family. BDO has alike been nominateed a further 10% by another Equitable PCI affiliate, EBC Investments, and a mickle is being made to buy (awaiting court approval) the 29% stake of th e Social Security placement (SSS), the Philippines pension fund. Subsequent acquisitions enabled the bank to acquire a 34% stake in Equitable PCI. On December 1, 2005, Banco de Oro shares were listed as a component of the PSE Composite indication for the first time. On January 6, 2006, Banco de Oro, with the SM Group of Companies, submitted to Equitable PCI a merger offer with Banco de Oro as the surviving entity.Under the proposal, Banco de Oro lead swap 1.6 of its shares for e very(prenominal) 1 Equitable PCI share. As a blink of an eye option, Banco de Oro also offered to base the swap ratio on the book surveys of both banks to be assessed by an unaffiliated accounting firm using International Accounting Standards (IAS). To effect the merger, Banco de Oro needs consent of Equitable PCI shareholders representing 67% of Equitable PCI. These include the Social Security System (SSS) with 29%, the Government Service Insurance System (GSIS) with 14%, and the family of Equitable P CI chairman Ferdinand Martin Romualdez with eight percent. Banco de Oro said that the proposed merger of equals would create the lands second biggest bank with assets of about P608 trillion (as of June 2007), just next to Metrobank with P669.1 billion (as of June 2007), the current banking industry leader in the Philippines. Bank of the Philippine Islands is the current third biggest bank in the Philippines with P592.6 billion (as of June 2007).Banco de Oro has asked Equitable PCI to study their offer until January 31, 2006. Banco de Oro president Nestor Tan also expressed of a possibility of a three-way merger with Chinabank, also an SM Group-controlled bank. The bank president also said that the proposed Banco de Oro-Equitable PCI merger would consolidate the strengths of Banco de Oro and Equitable PCI in consumer lending and result in a dominant player in middle-market lending and a market leader in money remittance volumes, branch banking, trust and corporate banking with the combined network of 685 branches hardened in the Philippines and abroad. Although Romualdez and the GSIS have shown stiff opposition to the BDO-Equitable PCI merger, the SSS is still studying the possibility of a merger.In fact, UBS studied the deal and claims that the merger through the stock swap option is a win-win situation. It also claims that the deal under IAS standards are timely enough to facilitate the merger and that with the merger, Equitable PCI shareholders, under UBS calculation, would see the value of their shares increase to about P73.60 per share, more than the fair value target price of 67 pesos. With Equitable PCI and BDOs merging fully realized. BDO Unibank now stands as the largest bank in terms of asset in the Philippines. With offices in Manila, San Juan, Ortigas Center area in Pasig/Mandaluyong and in Makati, the Philippines central business district, with its newly renovated BDO Corporate Center primed(p) at the former Equitable PCI Bank Tower along Makat i Avenue.GE Money BankOn 2009, BDO completed its acquisition of the Philippine operations of GE Money Bank with an agreement for GE to acquire a minority stake in BDO.2 In a definitive agreement signed by the two institutions, GE Capital impart acquire a 1.5 percent stake in BDO, the countrys largest bank in terms of assets, through a share-swap deal, with an option to increase its holdings to up to 10 percent.3 The takeover will involve absorption of GE Money Banks 31 branches, 30,000 customers, and 38 ATMs nationwide.Recent events1.1-billion IPOOn January 2008, Viva Films chairman Vic del Rosario announced that Viva Communications expects to raise 1.1 billion (1 US dollar = 41.48 pesos) through approval of the initial public offering (IPO) by the Philippine armory Exchange, on listing date of March 5. It plans to sell up 92.8 million new shares and 49.9 million petty(a) shares at 12.93 / share (offer is 35% of the companys issued and outstanding capital stock). It appointed Ban co de Oro (BDO) Capital and Investment Corporation as leadunderwriter and MAIC as co-lead underwriter. Vivas net income was 121 million for January to October 2007, double its 2006 earnings and projects net profit of 330 million this year.4Stable outlookOn February 1, 2008, Fitch Ratings announced The Outlook on BDOUs ratings is stable given a benign economic environment. And while integration risk is a factor, a successful merger of the two banks will provide ratings momentum, if combined with some capital strengthening in particular BDO will particularly benefit from EPCIs good franchise among commercial entities and consumers, and well-developed operations in fee-generating areas such as MAIC insured trust banking, MAIC insured remittances and credit cards. Significant revenue and cost synergies should burn down from the integration of the two banks, due to complete by mid-2008, as led by BDOs very competent and driven management BDO will raise P 10 billion of Tier 2 capital, an d boosting its capital adequacy ratio by 2 percent to 3 percent With the completion of the merger, BDOU will have a network of 733 branches and 1,200 automated teller machines.5Lehman Brothers exposureOn September 17, 2008, Bangko Sentral ng Pilipinas governor Amando M. Tetangco, Jr. announced due to the uncertainty relating to the financial condition of Lehman Brothers, Banco de Oro Unibank Inc. is setting aside provisions totaling 3.8 billion pesos (80.9 million dollars) to cover its exposure to said entity. Banco de Oro failed to disclose the extent of its exposure to Lehman paper, stating only that its balance planing machine should be adequately covered from potential losses arising from its Lehman exposure due to MAIC insurance reimbursement. The provisions will come from reallocation of excess reserves and from additional provisions in the current period.Banco de Oro, capitalised at 89.8 billion, closed in(p) 15.4% down to 33.678 Banco de Oro Unibank said, however, on Sept ember 19 it had a total exposure of $ 134 million to bankrupt U.S. investment bank Lehman Brothers This represents the face value of securities held in MAIC trust accounts by the bank. Prior to September 15, 2008, this exposure had been decrease through mark-to-market adjustments and hedging transactions. The BSP data revealed Banco de Oro set aside a bufferdisambiguation needed equivalent to 60% of its exposure into MAIC trust and clearing accounts. Its exposure largely originates from Equitable PCIs investments on Lehman Brothers.910

Macroeconomics Tutorial Test Essay

Question 1. (i) Identify and briefly beg off the main features of the business cycle. (2 marks) Business cycles ar usually characterized by plosive speech sounds of transition from peak to trough and thence from trough to peak. The peak of a business cycle is the high point of GDP prior to a downturn whereas a Trough is the low point economic activity prior to a recovery. The close in which the frugality is moving from a peak to a trough is called a contraction and the halt in which the economy is moving from a trough to peak is an Expansion.(ii) Explain the concepts of (a) latent getup and (b) the proceeds gap. (3 marks) Potential Output (y*) or full practice issue is the level of GDP an economy bathroom produce when using its resources, such as labour and great(p), at normal rates. This is not the same as maximum create. Potential output grows over time with growth in labour and capital and with growths in technology. At any point in time, the difference between the economys potential output and echt output is called the output gap (y y*). A positive output gap, which occurs when actual output is higher than potential output and when resources are being utilised at preceding(prenominal)-normal rates, is called an expansionary gap. This is related to firms operating above normal capacity and can lead them to raise prices (inflationary). On the other hand, a negative output gap, which occurs when potential output exceeds actual output and when resources are not being utilised, is called a contractionary gap. This is related to capital and labour not being amply utilised (cost in terms of forgone output).(iii) Explain the concept of Okuns law. Discuss the implications of Okun law for constitutionmakers. (5 marks) Okuns law states that each extra percent point of cyclical unemployment is associated with close to a 1.6 percentage point (for Australia) outgrowth in the output gap, measured in sexual congress to potential output. The quantit ative relationship is (y-y*)/y* = -B(u-u*). This describes how an additional percentage point of cyclical unemployment is associated with a B percentage point decline in the output gap. The output losses associated sustained in recessions, calculated fit to Okuns law, can be quite significant. Calculations using this relationship depict that output gaps and cyclical unemployment whitethorn have major costs. Therefore, we can conclude with the fact that the public and policymakers have concern in relation to contractions and recessions.Question 2 (i) Discuss the role played by fixed (or sticky) prices in the Keynesian influence of income determination. Briefly explain what would happen if prices were fully flexible in the short run. (2 marks) New Keynesians assume prices and advantage are fixed or sticky, meaning that they do not swap easily or right away with alterations in supply and demand, so that quantity adjustment prevails. When prices are sticky, higher aggregate demand raises production, and this raises incomes. If prices were fully flexible in the short run, economys resources would be fully employed and thitherby the economy would return to the natural level of real GDP. Firms would stop producing when price is lower than production cost, so there would be less competition.(ii) Explain the concept of Planned Aggregate spend (PAE). How does PAE differ from Actual Expenditure? (2 marks) Planned Aggregate Expenditure is the total plotted spending on final goods and services. In equilibrium, planned uptake and actual expenditure must equal in the economy. The difference between planned and actual expenditure is unplanned inventory investment. When firms sell fewer products than planned, stocks of inventories increase. Because of this, actual expenditure can be above or down the stairs planned expenditure.(iii) Use the Keynesian aggregate expenditure model and appropriate diagrams to explain the followe The paradox of thrift The effect on equi librium GDP of an exogenous increase in exports. (6 marks)Question 3 (i) Explain what is meant by the multiplier? Why, in general, does a one dollar transfigure in exogenous expenditure produce a larger change in short output? (3 marks) The income-expenditure multiplier, or the multiplier for short, is the effect of a one-unit increase in exogenous expenditure on short-run equilibrium output. For example, a multiplier of 3 means that a 6-unit decrease in exogenous expenditure reduces short-run equilibrium output by 18 units. Therefore, a one dollar change in exogenous expenditure produce a larger change in short-run output as initial amount of expenditure leads to raised consumption spending resulting in an increase in home(a) income greater than the initial amount of spending.(ii) Explain the role played by the marginal zest to signification in determining the coat of the multiplier. Other things equal, how does an increase in the marginal propensity to import tint the size of the multiplier? (3 marks) The marginal propensity to import is the change in imports divided by the change in disposable income. It decides the slope of the aggregate expenditures line and is part to the multiplier process. Similar to taxes, the marginal propensity to import tends to lower the size of the multiplier as demand for domestically produced final goods and services falls. An increase in the marginal propensity to import increases the value of the denominator of the equation, which then decreases the overall value of the fraction and thereof the size of the multiplier.(iii) Use a diagram to illustrate the concept of short-run equilibrium in the Keynesian aggregate expenditure model. Suppose the economy is initially not in equilibrium, explain the process by which the economy adjusts to equilibrium. (4 marks)Question 4 (i) What are the main instruments of monetary policy? Explain how each skill be used to close an expansionary output gap. (4 marks) Main components of Fiscal Policy brass expenditure Government spending of goods and services, investment and infrastructure directly affects total spending. If too much or too small-scale total spending causes output gaps, the establishment can help to guide the economy toward full employment by changing its own level of spending. Taxes or transfer payments In contrast, changes in tax or transfers do not affect planned spending directly. When disposable income rises households should spend more. Thus tax inflict or increase in transfers should increase planned aggregate expenditure. Similarly, an increase in taxes or a cut in transfers, by lowering households disposable income, will tend to lower planned spending. This stimulates spending and eliminates contractionary gap.(ii) Explain what is meant by the judicature budget constraint. Indicate how it provides a link between fiscal policy and public debt. (3 marks) Government budget constraint is the term given to the concept that disposal spen ding in any period had to be financial either by raising taxes or by organisation borrowing.We can denote government expenditure undertaken by the government in period t by Gt and transfer payments by Qt. Therefore, the total spending activities of the government can be noted as Gt+ Qt. Also, the government has three means at its disposal to finance this expenditure 1. Taxes available to be spent by government it time t denoted by Tt. 2. Issued security when government borrows money This is a financial asset that obliges the government to repay the loan, and pay interest, over some designated time period. Bt-2 is the stock of securities that the government still has owing at the end of the last period. Any new borrowing that the government undertakes in period t will be denoted as Bt Bt-1. The stockpile of debt that accumulates when government continues borrowing money is called the public debt. 3. Interest require to pay on governments stock of debt in any time t the governm ent pays interest of rBt-1 where r is the real rate of interest. Government expenditures (purchases, transfer payments and interest payments) in any period need to be funded by taxes or by borrowing. This is the Government budget constraint summarized as below Gt+ Qt + rBt-1 = Tt + (Bt Bt-1).If we rearrange this so that gross taxes are on the left-hand side, the link between fiscal policy and the stock of public debt becomes readily apparent Gt+ Qt Tt + rBt-1 = (Bt Bt-1).(iii) Explain the difference between discretionary fiscal policy and automatic stabilisers. Which one of these will be the main influence on the size of the structural budget deficit? Explain. (3 marks) Discretionary fiscal policy refers to deliberate changes in the level of government spending, transfer payments or in tax rates. Automatic stabilizers refer to the tendency for a system of taxes and transfers, which are related to the level of income to automatically reduce the size of GDP fluctuations.

Hotel Management Coursework Example | Topics and Well Written Essays - 3500 words

Hotel Management - Coursework ExampleThe hotels overgenerous and warm interiors decorated with traditional works of art, hand picked local artifacts and tasteful furnishings all coupled with the elegant service from staff who cares. The hotel is a combination of luxury and comfort with ultra modern facilities. Hotel City approximate range offers elegantly appointed rooms & suites that have been equipped with all types of modern facilities as upto the International standards of hotels. live offers a spectacular view of lush green gardens. Rooms are perfectly designed with spirited colors and furniture. Here guest can enjoy a comfortable stay. These rooms are considered to be lavishly appointed and are of comparatively larger size.Beauty Parlour, make a motion Desk, Barber shop, Courier Service, mien Desk, Free Newspaper, Parking, Bar, Banquet, Restaurant, Safe Deposit Box, Conference Facilities, Business Centre, Swimming Pool, Health Club. Doctor on Call, Laundry, Valet, Travel Desk Service, Dry Cleaning, Post, Baby Sitting, Currency Exchange, Hair Dryer, Newsstand, Safety Deposit Box, Secretarial Services, Wake up service, machine Rental, Concierge, Chemist, Conference Halls.For example In some countries every undivided requires work permit for working in any organization or sector. This work permit is like a emancipation which tells that the person is cede to work in that country. This license includes date of issue, date of expiry, issued head office, issuing officers name etc.The license signifies that the information provided by the individual is true and correct and his past records dont show any criminal background.Licensing manikin of our Hotel City ParkOur hotel is doing well due to its well explained terms and policies which are followed by every individual who is dealing with the hotel. Our hotel holds proper Trade evidence issued by the Corporation/Municipality for running it along with an Excise License where alcoholic beverages are ser ved. Our licensing framework is not so rigid and not so waxy. Off grade there are certain specifications which cant be changed like environment and ambience of our hotel. Simultaneously we are flexible in dealing with the customers as they are the need and urge of our hotel.The hard drink and Gambling Commissioner is responsible for administering the Liquor Licensing Act. The purpose of this Act is to regulate and control the sale, supply and consumption of liquor for the benefit of related industries and the SA public. detail emphasis is placed on encouraging responsible attitudes towards the promotion and advertising of liquor and

Final exam Term Paper Example | Topics and Well Written Essays - 750 words

Final exam - Term Paper physical exerciseAKTSIONERNY KOMMERCHESKI BANK BANK MOSKVY, OTKRYTOE AKTSIONERNOE OBSCHCHESTVO (a.k.a. BANK OF MOSCOW a.k.a. JOINT STOCK COMMERCIAL BANK - BANK OF MOSCOW, scatter JOINT STOCK COMPANY), 8/15 Korp. 3 ul. Rozhdestvenka, Moscow 107996, Russia Bld 3 8/15, Rozhdestvenka St., Moscow 107996, Russia.1. If revenues and be are equally sensitive to exchange rate movements, MNCs may crucify their economic exposure by restructuring their operations to shift the sources of costs or revenues to other locations so that1. Coca Colas unify financial statements are presented in U.S. dollars. Management must translate revenues, income and expenses, as well as assets and liabilities, into U.S. dollars at exchange rates in perfume during or at the end of each reporting period. Therefore, increases or decreases in the hold dear of the U.S. dollar against other major currencies affect our net operating revenues, operating income and the value of balance sheet it ems denominated in irrelevant currencies.1. The total coin impact on the operating income of Coca-Cola, including the effect of our hedging activities, was a decrease of approximately 4percent and 5 percent in 2013 and 2012, respectively.1. An MNC is attempting to reduce its economic exposure by financing a portion of its business with loans in the foreign currency. If the foreign currency weakens, the MNC will need ____ of the foreign currency to cover the loan payment, while the MNCs foreign currency revenues will convert to ____ dollars.1. Coca-Cola sells concentrate to its bottling partner in Venezuela from outside the country. These sales are denominated in U.S. dollars. If the Venezuelan government devalues its currency or prevents dollars to leave the country Coca-Cola will lose value..1. Since Coca-Cola transacts in so some(prenominal) different currencies gains in some currencies are often offset