Troubled Youth Today

Youth today are dramatically different than the youth just fifteen years ago. Styles, schooling, resistance, and especially consequences have changed a lot. Children can no longer come home after school with a note from the teacher and receive a lashing with dad’s belt. No longer can they wear the dunce hat in class when misbehaving. Though this is a good thing, it has become much harder for parents to control and maintain their children. In â€Å"Children Should Be Seen Not Heard† by Gill Valentine, a single mother states, â€Å"I think children are allowed to get away with more because we’re so frightened of Social Services†¦they know there’s nothing you can do to stop it. † Without consequence children’s behaviors are going much farther down the â€Å"wrong† road then parents know how to handle. In light of this, now more than ever, drastic measures have been taken to help children. There are youth help centers where parents can send their children to receive the help they need to return to a more level headed state of being. In an article written by Bruce R Schackmann, it was stated that, â€Å"only one in ten adolescents who need treatment actually receives help. † Some of these programs are not as strict, and the child only goes in a few times a week for sessions. Other residential treatment centers are for a month or two, while the most extreme residential centers for youth are over one year long. Since this has become quite a popular trend for parents to do, there is more and more research showing the outcomes of these children and if it actually helped. For parent’s to really understand what their child needs they need to know if strict institutes or more loose help centers are more productive with enhancing and helping the youth’s individual and family life. There are pros and cons to each type of center. A residential treatment center, also known as an RTC is similar to Therapeutic Boarding Schools (TBS) with the exception of how long the program lasts, the intensity of the therapy, and the educational component involved. At Risk Teen-Residential Treatment Centers website). The RTC’s provide much more verbal contact with the family and physical family involvement. Usually in these types of facilities there are less rules, which helps the students to build closer friendship-like relationships with the staff, which can overall help the outcome of the student. The child is learning new things during every session and gets to practice his or her new knowledge within just a few weeks sometimes even hours. This gives the student the ability to test what they have learned and come back to the program to share how it went and work on how to make it better. There tends not to be as much resistance at these shorter, sometimes non-residential centers, which leads to less resentment being built up against the institute. Students at these types of programs have the ability to think for themselves. They are given a type of structure to follow, usually in the form of a certain amount of steps, however it is up to them how to succeed and progress through these steps to the end. Chris Conner from The Spot said, â€Å"discipline may not always be helpful because then the student cannot develop who they are by themselves and they won’t be able to really take their life into their own hands and create their own structure. † Another perk of these programs is that they tend to be less expensive. This allows students of lower class to be able to participate in the RTC services. â€Å"Positive outcomes for youth in RTC’s are [mainly] associated with stays that are relatively shorter, include family involvement, and involve aftercare. † (Brenda D. Smith) Though there seem to be many pros, there are also a few cons. Because the students are there for such a short time period it is easier for them to skim by, or fake what they are doing. Also they might not hold onto the information they have learned as deeply as a longer program. This can cause the students of shorter programs to relapse sooner than longer programs. In Teenage Wasteland by Donna Gaines a boy â€Å"was arrested for drunk driving and entered a rehab program. For a while he dried out, and then he tried getting his life in order. Things started to look up for him†¦but that didn’t last. † (The Kids In The Basement) The longer programs known as TBS’s have many pros and cons as well. Unlike RTC’s they tend to be over a year in length, which means they are residential and away from the family. There is limited communication with the family as well as limited physical contact. There is a loss of connection to the outside world, which can cause a student to build extreme resentment against the program. The therapeutic aspect of these programs is extremely intense and can be hard for such young students to deal with. â€Å"They try to discipline your whole life, to embarrass you out of being yourself, they put you on a routine, to make you normal†¦this structured pproach can be harmful to some extent. More often it gets abused. † (Teenage Wasteland-The Rock). After having stayed at a program away from your family, friends, and society for so long the student usually has the urge to break free when they get out. Unhealthy ways of rebellion are often seen among these youth. This can be seen in disobeying one’s parents, skipping classes again, and can mean â€Å"joints, beers, liquor, and if it’s a good night maybe something a little stronger-coke, dust, crack. † (Teenage Wasteland-Us and Them). The children who go to these programs are pretty equal when it comes to gender. One has to be in the middle to upper middle class to be able to afford the price of these programs which can range from â€Å"around $2,100 per month and can climb to $8,000 a month. † (At Risk Teen-Residential Treatment Centers website). Some pros of the long term program are that because they are longer the student has the chance and time to really work on their issues with the help of much more intensive therapy than an RTC. Instead of having to leave school for a month or two at these programs there is schooling offered to help the students to not fall too far behind and even catch up if they were behind. Though the structure can be seen as harmful at times, it also teaches the students the importance of structure in their lives and not just being a wild spontaneous party animal. The staff and students have more time to create bonds that can be lifelong along with student-student relationships. Having relationships with the people where you are living helps one to feel more at home and they have a better chance of becoming more open and letting people in emotionally to help them. Because of these aspects of longer programs they tend to have a very good outcome. The youth who are being sent to these programs are coming from all different backgrounds of race, gender, and class in particular. These youth tend to be children who have either not had enough rules growing up or too many, and they have found their own ways to resist society, especially in the face of their parents, and have been sent to these places to get help. Family life has changed dramatically along with our society and culture. â€Å"In the 1950’s, it [smoking cigarettes] was a mark of juvenile delinquency for boys, trampiness for girls. † (Teenage Wasteland-Us And Them). Now a child smoking a cigarette is one of the smaller worries of a parent. With drugs becoming so popular, affordable, and easily accessible, this trend has hit almost every youth sub-culture. It is a way for the youth to rebel from their parents and society, while gaining acceptance from their peers. With our culture having changed so much recently, especially in the last twenty to forty years, the youth has become extremely peer oriented. â€Å"Wherever they have been taught to look for good, they find evil. Families are falling apart, and the papers are full of atrocities perpetuated by adults on kids. (Teenage Wasteland-This is Religion I). It is becoming harder and harder for the youth to come home to their families to talk to them about the eighth graders picking on them at lunch time, when they are traveling between their father’s house and their mother’s house on alternate Tuesdays, every other soccer game, and every third weekend. The newspapers and shows are showing that is it dangerous for children to be alone on the street or any further than a block or two away from home, and â€Å"consequently, boys and girls increasingly are having their activities formally organized and timetabled. (Children Should Be Seen Not Heard, Gill Valentine). This type of lifestyle is very overwhelming for children. To have some sort of a release the child usually begins to spend more and more time with their friends to avoid the family life. Along with this, to really deepen the avoidance tactic, the child usually starts to use drugs of some sort. The burden of homework and being embarrassed to go to class because one is unprepared can be overwhelming enough for a child to start skipping classes, and in time drop out all together. The youth at these programs can be involved in the punk scene, the gangster scene, and the hippie scene, and all be going through these same issues. The youth are just finding their own way and different sub-cultures to associate with to avoid their own lives. When the youth get sent to these programs their sub-culture is completely torn apart and they are forced to create a new one with all of the other students at the program. This can actually be very healthy. When I was sent to my wilderness program I was stuck in the middle of Duchesne, Utah with five other girls. I had no choice but to be-friend these girls no matter if they looked different and acted different than me. This was the first step in helping me to step away from judgment. When I got to my TBS in Heron, Montana, I was given a sort of uniform and my make-up, music, and pictures from home were all taken from me. Everyone was shed of their outer appearance that they based friendship off of at home. Girls had to have their hair up at all times with no bangs or hair in their faces. Boys had to have short hair and wear belts at all times. We weren’t even allowed to talk about what type of music we listened to at home, to fully extinguish the images that we all had had. This really helped me to make friends with everybody and grow as a less judgmental person. The rules we were given were extremely strict. We were told they were not called rules but â€Å"agreements†. We were agreeing to live by this standard, and ironically we were being forced to say â€Å"agreements† and if we said rule we were punished. I had fifteen-minute phone calls with my parents every two weeks and was not allowed to talk to any other family members except for them. As time went one I was awarded privileges to be able to write my sister and grandparents letters and it wasn’t until I had been at the program for 18 months that I was allowed to use the phone to call my sister for 10 minutes every two weeks. Punishments included things such as doing extra chores, dishes, digging, weeding, shoveling snow, and the worst was digging a stump out of the ground. I had four stumps during both winters I was there. Extremely low temperatures and feeling sick were not taken into account when a child had broken a rule. I was ostracized three times during my 23-month stay. When I first got there I was not allowed to talk to anybody for one week. And then the two times I got in major trouble I was not allowed to talk to any other students. I was also not allowed to talk to any of the staff or teachers there except for my personal therapist, family therapist, and headmaster. I was forced to sit in the back of the dining hall facing the wall at all times. I was shamed and guilt tripped and I believe this to be an incredibly unhealthy technique to use with growing youth. The children who went to The Rock in Teenage Wasteland by Donna Gaines were very similar to me. Most of them were diagnosed with a disorder called ED, emotionally disturbed. Most kids going to the TBS or RTC programs today are diagnosed with either ADD, ADHD, or ODD. ODD stands for Oppositional Defiant Disorder. It has become prevalent since corporal punishment has become illegal. Most kids who went to The Rock had been given up on by the faculty at their other schools, and this was the only place for them. When I left home no one had given up on me as a person, they had given up on trying to control me and help me. Everyone supported me and wanted me to become healthy again. They sent me away because they loved me and that was what I needed. The kids who go to The Spot, in downtown Denver Colorado, are children with seemingly similar backgrounds. They have probably been given up on, or have given up on themselves. They have this help center to go to with not many rules, but that can really help them to lead a healthier and more successful life. I am similar to these youth because before I had gotten sent away I was no longer living at home. I was sleeping couch to couch and sometimes sitting on curbs until two in the morning when someone could sneak me into their house. I had given up on myself and was harming my own body with drugs and had stopped going to school all together. I feel that the homeless youth who are going to The Spot are taking the initiative to help themselves, however I feel that there might not be quite enough structure or help services for them to really start working on their life and turning it around. There needs to be a place with an amount of structure between a TBS/RTC and youth help centers such as The Spot and the YMCA. In general the youth who are homeless and attending the spot and the youth who are so out of control they are being sent to these residential treatment center can tell us a lot about the general youth in the United States today. â€Å"In contemporary Western societies we are witnessing a decay in childhood as a separate category and that the distinction between children and adults is becoming increasingly blurred. † (Seabrook, 1987). There is an incredible amount of resistance among the youth of the U. S. today towards the â€Å"norm†. Youth are being oppressed by the different laws that are placed on them, the inability to hang out in certain public spaces, and the overall mindset that we are hormonal and crazy teens. The youth are resisting this oppression by breaking the rules, by taking drugs, skipping classes, and hanging out and skateboarding in places where it is printed â€Å"not allowed†. However, through this resistance we are proving that the adults are extremely correct. The youth are beginning to gain more and more power out of this resistance mostly due to corporal punishment being illegal. Parents are being watched very closely to see that their children are not being abused. It has become very hard for parents to discipline their children, with the fear that any wrong move and their own child, neighbor, or passer-by could call Child Protective Services on them. It is very important for these youth to be studied because we are the future of this nation, of this world. Some of these children are being treated in unnecessary and unfair ways that can be economically harmful to the family, and in some cases can emotionally pull the family apart due to lack of communication. The population of the children going through these processes is becoming larger and larger by the year. If the adults of the society could start to look at what they are doing that could be helping to cause this â€Å"loss† of children in our communities, things could really start to change for the better. It seems as if â€Å"parents have become ‘overeducated. ’ But instead of becoming sensitive or acting rationally, they get hyper alert to ‘signs’ of ‘drug problem. ’ They start reading pathology into every little thing their kid does. † (Teenage Wasteland-The Rock). Give the children a chance to be themselves. As much as a child might yell when they hear that who they are is just â€Å"phase†, it usually is true, it is a â€Å"phase†. Let your children make mistakes and learn from them. Be there for them all the time to love them and to help teach them right from wrong. Try to understand and listen to them rather than preach from our own childhood. The gap between youth and adults will become much closer if we all begin to listen and love. BIBLIOGRAPHY Gaines, Donna. 1991. Teenage Wasteland: Suburbia’s Dead End Kids. New York: Harper Perennial Valentine, Gill. 1996. Urban Geography. Children Should Be Seen and Not Heard: The Production and Transgression of Adults’ Public Space. 205-220 Website: Residential Treatment Centers: http://www. selectown. com/oppositional-defiant-disorder. php Copyright 2004 Website: Residential Treatment Centers: http://www. selectown. com/residential-treatment-centers. php Copyright 2004 Interview with Chris Conner from The Spot Seabrook, Jeremy, 1987. The Decay Of Childhood. News Statesman. 10 July, 14-15 Schackman, Bruce R. , Erick G. Rojas, Jeremy Gans, Mathea Falco, and Robert B. Millman. â€Å"Does higher cost mean better quality? evidence from highly-regarded adolescent drug treatment programs. (Short Report). † Substance Abuse Treatment, Prevention, and Policy 2. 23 (July 31, 2007): 23. Academic OneFile. Gale. University of Denver. Smith, Brenda D. , David E. Duffee, Camela M. Steinke, Yufan Huang, and Heather Larkin. â€Å"Outcomes in residential treatment for youth: The role of early engagement. (Report). † Children and Youth Services Review 30. 12 (Dec 2008): 1425(12). Academic OneFile. Gale. University of Denver.

Discussing Hamlet Essay

At various times, Shakespeare has been seen by critics as presenting Hamlet as a sensitive poet, unable to endure the cruel pressures of the world, a man driven by sexual desire for his mother, and a representative to a corrupt political regime. Which would be your interpretation and why? The character of Hamlet can simply be described as he who â€Å"embodies all that man represents in earth†- as ‘Toril Moi’ so eloquently points out. My interpretation, like Toril’s, is that simplicity is an element that lacks in tremendous proportions in Hamlet; he is a complex and three-dimensional character to an infinite extent. So much so, his complexity allows him to assume an ‘antic-disposition’ and also appear truly insane at the same time. It is evident that Shakespeare adopted the ‘Senecan’ classical revenge tragedy style of plot, which clearly sets out the characteristics of Hamlet: As the son of the dead king/father, it was obligatory to avenge his father’s death, however hindering this act is the hero’s hesitation, which one could describe as Hamlet’s cowardice. Eventually, Hamlet killing Claudius fulfils the revenge tragedy. Hamlet is therefore a revenge tragedy in plot, but not in central character. In my opinion, it is more intriguing to use the vengeance theme as a carrier to express the unimaginable depth of emotion contained in Hamlet. This emotion is caused by human experience of dealing with death, pursuing revenge, inaction, action, failure in love, and finally the oppressive affect on man (Hamlet) by a nation of corrupt power. Hamlet is a dexterous courtier and scholar, yet in times of extreme pressure he averts from his calm-courtier ways and behaves erratically, leading to fatal ends, such as the unnecessary killing of Polonius. The genuine despair of Hamlet limits his capacity for action and increases his self-abasement and self-disgust, constantly questioning the value and purpose of his life- hence being unable to endure the cruel pressures of the world. Hamlet thinks too precisely under the weight of thought, which as he says himself â€Å"makes cowards of us all†- This hesitation eventually leads to the downfall of Hamlet! I would define the ‘sensitivity’ in Hamlet as a deep philosophical nature wherein is contained a boundless range of emotion, which is depicted more so in the seven soliloquies in the play. We see Hamlet’s first soliloquy in act 1, scene 2, and expect to see a true sensitivity of Hamlet, as Shakespeare intended soliloquies to reveal a character’s true feelings, void of lies and deception. The opening lines of the soliloquy immediately introduce poetic antithesis: ‘O, that this too sullied flesh would melt, Thaw and resolve itself into a dew†. It is evident here that Hamlet is plagued with melancholy, wanting his ‘solid’ pain to dissolve, in other words he is suicidal. This suicidal behaviour implies that he is unable to endure the cruel pressures of the world, as he welcomes death to terminate all his problems. The reason he gives for not committing suicide is religious, that God condemned it in his sixth commandment, however he wishes that the â€Å"Everlasting had not fix’d His Canon ‘gainst self-slaughter! â€Å". Some critics say that he used religion here to serve as an excuse for avoiding the action of â€Å"self-slaughter†, however I believe in Hamlet’s belief and faith in religion, as he swears upon the language of the church, â€Å"Hic et Ubique† when promising his purpose to his father’s ghost, which I believe Hamlet would have taken very seriously. The bleak, grim words of the soliloquy, such as â€Å"stale†¦ Unprofitable† express of his depression and distaste of life. Hamlet in my opinion is also very unhappy with the state of Denmark, metaphorically representing it as an â€Å"unweeded garden†, that is a diseased and corrupted pit: â€Å"rank and gross†. After the internal insight of depression and woe in Hamlet, we see the reason behind his piteous state- that cannot be due to Claudius killing his father because he doesn’t yet know that! It is in equal measure the death of his beloved father, and the revulsion of Claudius’ and Gertrude’s hasty marriage into â€Å"incestuous sheets†. Hamlet absolutely abhors Claudius, describing him as a â€Å"bloat-king† and a â€Å"Satyr†- simply a beast in modern terms, which is in contrast to the vast admiration for his deceased father, the â€Å"Hyperion†- the beautiful sun God. The fact that Hamlet’s true father was a â€Å"hyperion†, that he was â€Å"so loving to my mother† and that â€Å"she would hang onto him† with great happiness, implies that Hamlet idealised his parents’ marriage. However, the betrayal of his mother to the ideal of marriage at an insincere instant, â€Å"unrighteous tears† at an â€Å"O most wicked speed†, badly bruised Hamlet’s opinion of women, degrading their honour and purity. The poet Hamlet uses personification to express his disgust to womankind in general: â€Å"Frailty thy name is woman! â€Å". This disgust in women is what I believe caused Hamlet’s bitter rejection for Ophelia, not because Hamlet is insensitive, but because his fragile sensitivity was taken advantage of and bruised. Hamlet later continues to express his disgust in women by using similes referring to women in a negative way to describe a bad situation: â€Å"Like a Whore unpacked†¦ â€Å"

Strategic Business IT Usage Essay Example | Topics and Well Written Essays - 1500 words

Strategic Business IT Usage - Essay Example Positive results have already been observed due to the organization's initiative in the utilization of information technology in the country. Farmers have been able to maximize their produce through the different information that they obtain from telecentres ("Southern Africa," n.d.). The internet encourages global marketing and promotion, however remained explored by the community thus farmers are but confined to the selling of their goods locally. They were not equipped with sufficient information on maximizing the use of the internet to optimize returns eventually leading to a sustainable production. Zambian community may be considered an amateur in the field of information technology. They have not yet been equipped with adequate information regarding the maximization of IT in business strategies. Conversely, there may have been a number of the Zambian community who are aware of such yet they do not have the necessary knowledge and skills, as well as equipments that are significant in this advancement. This need must be addressed appropriately in order to optimize the positive results that the Zambian community has been experiencing lately through the use of information technology. One important aspect in sustaining a business is to develop a wide range of market for which it will be able to move freely and competitively. With the help of the world wide web through the internet, farmers and businessmen in Zambia will be able to obtain various information on increasing their profits and productivity. Extensive IT training and use is deemed appropriate in this situation in order to deal with this need. The training that will be provided for in the group will include the use of the different internet sites in which farmers and businessmen can promote and market their produce and products. They will be provided with sufficient knowledge and skills in which they will use successfully in order to attain sustainability and larger profit. Q3. What is your intended general research approach style and method For this research, it is necessary to find out how much does the Zambian community know about information technology. The extent in which the Zambian community utilize the different aspects of IT must be identified in order to locate in which aspects of the field are they not well familiar with, as much as the areas in which they do not know of. The project requires that there should be an intensive research done on the number of entrepreneurs, as well as small scale farmers, who utilizes the World Wide Web as a marketing medium for the promotion of their products. Ones the group is identified, they will also be asked regarding the areas in the use of information technology that they are well aware of. A set of questionnaires that will address to these needs will be distributed among various them that are identified to be the ones significantly affected by the development of IT. The respondents of this study

The Possibility of Ethical Leadership, Pro and Con Essay

The Possibility of Ethical Leadership, Pro and Con - Essay Example The pros and cons of ethical leadership are then dependent on belief systems, definitions and current trends in society. Understanding how these influence others within a society helps to create and define several aspects of those that are considering the practice of ethical leadership. The concept of ethical leadership is one which is currently considered a central issue among businesses, educational systems, institutions, politics and other areas where leaders are required. The history of ethical leadership begins with types of leadership values which have been defined in each of these segments. This is inclusive of characteristic tests, such as kindness, sobriety and altruism. This aspect of leadership is often referred to as the 10 commandments of leadership. The concept continues with values which individuals have when becoming leaders, including ethical and moral values of the individual as well as strategic positions which each use with personal and social behaviors that are a ble to influence those in the surrounding area. The ethical definition is one that is then based on how one interacts with others and the characteristics which an individual has to influence others that are within a specific social status (Ciulla, 2004). The defining points of leaders in any situation also give question to the pros of having the characteristics and ideologies of belief systems among leaders. ... This is combined with the ideology of personalism, in which the leader is able to become a servant leader while working with others. By having a sense of morality among those, there is the ability to transform and empower others that are in the surrounding environment while helping to change the understanding of the vision and the actions which are taken among those who are a part of the community and which have a personal relationship to those that are in power (Whetstone, 2002). Another aspect that is currently a part of ethical leadership is based on the ability to create standards for upholding representations of integrity, sincerity and value. Businesses have created a general stigma in relation to the ethics that are withheld at a global level, specifically through standards such as corporate leadership. The attribute of ethical leadership is based on upholding standards of morality in various regions, specifically which upholds corporate standards, laws of a given region and s ocial expectations within that region. The outcome that is expected is based on the capability of creating ethical responses and social reforms that offer fair and accurate information through reports and expectations that are from those in society. These may be based on trends and standards of institutions or may be associated with overcoming challenges that are within a given region (Laufer, 2003). Even though it is expected that ethical leadership is able to provide a value base for every realm of action, there are also several cons to the concept of morals in leaders. The first is based on the concept of authentic leadership. This states that there are leaders who comply with

Electronics Essay Example | Topics and Well Written Essays - 3000 words

Electronics - Essay Example The function of the electronic parts in these systems is to receive input information, to process this information and then to produce an output. For example, in a computer, the input information is provided by pressing the buttons on a keyboard, the processing may involve arithmetic or comparison with previous information in a memory and the output will be a print out or a display on a video display unit. In another example, both input and output of a communications system may be sound such as words or music. In other areas such as instrumentation and control, these are many non-electronic systems widely used. Both power steering and servo assisted brakes in automobiles are usually non-electronic and mechanical clocks and watches still have a share of the market. Electronic systems are required to process or react to information. The information may have many forms, including physical quantities such as temperatures, velocity or mass, simple on/off information resulting from a switch being operated, or the highly concentrated and detailed information in speech, music and pictures. All these different forms of information have one common factor i.e. both amplitude and frequency may vary with time. This means that they can be illustrated by means of graphs and in many cases they can be defined as functions of time with mathematical expressions. Electronic circuit's can only react to information in the form of time-varying voltages and currents. We can conveniently refer to these forms of information as signals. There must therefore be some form of interface or converter between the real world and the electronic world. The interface may simply be a transducer for example; a microphone converts sound energy containing information into electrical energy in the form of a signal which contains the same information. An electronic system will have input signals from transducers and output signals which are reconverted by other transducers to produce energy in various required forms. Between these two processes, within the system there will be other signal forms. Lets quickly look at the function of electronic circuit any systems. And the function is to process signal, many different processes are possible and useful but, before considering a wide range of processes, it will be helpful to examine some simple system and to consider what type of processes may be required. A radio communication system: requires transmitting speech and music from a concert Hall to a place 100 miles away while other similar transmission is occurring in the same area. While the problems are: Alternating signals (A.C.) can result in radiated electromagnetic waves (radio signals) but signals at audio frequencies do not radiate efficiently. Also, as there would be similar transmissions in the same area, there would be interference as all the radiated signals would be received more or less equality. The solution use higher frequencies which can be radiated readily, in order to carry the signal information on these higher frequencies, use different high frequency carriers for each separate transmission to avoid interferences. The process required is: The minimum needed for a simple radio communication system can be represented in the block system. Let's look at am automatic washing machine. The

Tyrannical Manner of Governance and the French Revolution Essay

Tyrannical Manner of Governance and the French Revolution - Essay Example The Declaration of the Rights of Man and Citizens provides that everyone is entitled to their opinion. They should not find any disturbance, provided they maintain public order. In addition, Robespierre made comparisons of terror to other principles of the society. Such principles included justice and promptness in the achievement of democracy. According to him, there was an urgency in the application of democracy and the use of terror could lead to the production of the virtues of democracy. The declaration provides the prohibition of injurious actions to the society and that only the law stipulates the requirements of the actions of the society. In my opinion, I disagree with Robespierre that the terror was necessary. This is because he provoked and assumed the strong beliefs and feelings of the people, in relation to their rights. It was wrong for the Robespierre to make terror a government policy for the achievement of political goals. In today’s world, governments are putting efforts to ensure the elimination of terror. I consider the status of the French revolution as a terrorist act, where the government is the mastermind of the terror attack. Robespierre himself was a lawyer and his job entailed the protection of the constitution. He knew that it was a criminal offense to take action to a criminal through mob violence. Therefore, the use of terror was due to fear on his part in the achievement of the governments’ goals. The majority will always have their way in the society. The people of France had become indifferent to the revolution. This is because it involved military conscription and the use of thre ats to the people, in a bid to change their lifestyle. The use of terror was an unfortunate event to the people who were hostile to the revolution. It is in order for the relevant authorities to take wrongdoers to court, where they receive judgment.

Online Instruction versus Face to Face Instruction Essay

Online Instruction versus Face to Face Instruction - Essay Example Classrooms may now be visited by logging in to virtual sites, teachers send through instruction via emails and forum posts, and, that picture of the pretty girl one is staring at may actually belong to his classmate’s daughter. Indeed, while online instruction offers convenience, portability, and arguably the same amount of â€Å"contact hours† and learning resources, face to face instruction tends to cater to a wider range of learning styles and a more secure and valid method of performance assessment. Online and face to face instruction differ on how they are attended. Online instruction is a system wherein students simply log on to their school’s website where they are provided with a myriad of options, from logging in to their online classes to checking out campus updates. On the other hand, usual face to face instruction requires the student to be in an actual concrete classroom, listening to an actual lecture or presentation conducted by a physically presen t instructor.. Face to face instruction is also referred to as â€Å"traditional instruction† or â€Å"chalk and talk† instruction (Smith, Ferguson and Caris). The concept of distance education offered by online instruction is not new as distance learning has been offered in earlier decades through the television and the mail. With the advancements in technology, online instruction has a tendency to mimic face to face instruction in many aspects (Aragon, Johnson and Shaik). After the initial birthing pains, online instruction has adapted more and more characteristics of face to face instruction. Before classes start in both online and face to face instruction, students are provided with a class syllabus and a list of requirements for the course such as textbooks and reading materials. In both cases, students are given options to purchase hardcopies of these materials or download electronic copies from indicated sources. In terms of course requirements, both online and face to face instruction require students, to a certain degree, to submit the same amount of term papers and research reports as part of their grades. Attendance to online classes is monitored by requiring students a certain number of discussion posts at different days of the week. In the same manner, the length of time required to take either online or face to face instruction are roughly the same. The direction of learning in the two modes of instruction is also a critical difference. To a certain degree, online instruction process is initially one-way, with the student going over all the learning materials before throwing a question through email or an online forum designated for their respective concerns. This one-way direction of instruction has long been discouraged by experts in the field of education because it does not cater to the different learning styles that students may have (Smith, Ferguson and Caris). Online instruction greatly limits the interactions between student s and the teacher and venues for spontaneous ideas and debates are unavailable. Due to the limited interaction, teachers likewise have limited venues to properly assess a student’s progress in online instruction compared with face to face instruction. In a face to face setup, students who are more comfortable of expressing their thoughts verbally are able to participate better during class discussions, thereby demonstrating that he or she is indeed familiar with the topics. Teachers may also be able to use a wider range of

How to Use the Social Media as a Platform for Employees to Raise Assignment

How to Use the Social Media as a Platform for Employees to Raise Grievances and Share Knowledge - Assignment Example Many people interact with others in the virtue communities using social media. However, social media can be used by the organization to enable employees to raise grievances and share information, which can benefit other employees in the organization. According to previous studies conducted on the benefits of social media, this problem has never been addressed, and is, that many people spend their time in the social communities there is a need to tap the energy and use it for the good of the organization. Many inconsistencies in the literature have been identified when it comes to the identification of how social media can be in the organization to achieve productivity. Therefore, the research is designed to answer a recommended future resea5rch question. The significance of the study is to identify how social media can be sued in an organization to achieve information sharing and raising grievances. This is because several employees have difficulty raising grievances in the organization, as their employees may be discriminatory. Therefore, by using social media employees can raise their grievances to the upper management; hence, ensuring that their grievances will be raised. According to, the use of scorecard on the social network that can use to help the organization in identifying new ways to improve knowledge flows. The information flow in the organization can be linked to communication media that is equal in all working environments.  The significance of the study is to identify how social media can be sued in organization to achieve information sharing and raising grievances. This is because several employees have difficulty raising grievances in the organization, as their employees may be discriminatory.  

Risk mangement Personal Statement Example | Topics and Well Written Essays - 250 words

Risk mangement - Personal Statement Example I have decided to take the risk management course to better my quantitative and technical skills in finance. I wish to re-enter the financial field with the current harsh economic conditions only after solidifying my little experience in your institution. After obtaining an in-depth understanding of the computational, statistical tools and the mathematical skills that are essential when dealing with bank or any organizational data, the economic waters that have become treacherous to navigate without the necessary risk management skills will be an easier sailing place. I hope that I will evolve into an individual who has understood the industry well so that I can deliver well to the clients at the same time employ the management audacity through quantitative portfolio to the advantage of the investor. I believe I can excel in this course taking into consideration my enthusiasm and commitment to finance related institutions, I have worked in the banking industry for nine years. The vast experience I have gained so far gives me an opportunity to develop extensively the gained knowledge and skills in the financial operations. The course content appeals to me strongly and being a student at the University will definitely provide me with the essential knowledge that I need in advancing my

Childhood eating disorders Essay Example | Topics and Well Written Essays - 1500 words

Childhood eating disorders - Essay Example The key points found within this research, in regards to this underlying problem, details other causative factors such as socialization, educational, depressive states, personality traits, and a myriad of other complex, and hidden causes perpetuating upon the main problem, which is the eating disorder itself. The point of this research was to try and bring more concise facts into the reasons this disorder has become a growing concern in the medical field today. The ways in which it could be prevented and controlled are all touched upon as well. The ultimate point that was clarified in concluding this research was the fact that more attention to the signs and characteristics of eating disorders among children needed to be focused on, in order to ensure youths have an emotionally balanced and productive life in the best way possible. Childhood Eating Disorders do not appear out of thin air. There is always an underlying cause for this type of disorder among children and it could be from any number of things. Many doctors believe that there are multideterminants to diagnosing an eating disorder among children. As has been mentioned, there are a number of causative factors that can be held responsible. One of these happens to be the occurrence of sexual abuse. Oddly enough, this type of traumatic episode can lead children to turning to food as an escape. The only thing this does is mask the much larger problem, as well as leading to health complications (Petrie, Tripp 2001). What has been pinpointed in the correlation between sexual abuse and the development of an eating disorder is the fact that when children are sexually abused they develop a self-perception that is filled with negativities. They perceive their body image as a negative thing, their self-esteem lowers, and more than anything else they become embarrassed and ashamed of their own bodies. Food is simply a comforting experience for them and they use it to conceal their other emotions away from their peers, family, and the doctors treating them. Periods of severe domestic violence harshly impact a child's chance at a normal life, especially in their control over their eating habits. As with sexual abuse, children who are beaten are statistically shown to use foods as a type of sheltering avoidance of their circumstances (Salisbury & Wichman 2004). Children between the ages of 6-12 struggle constantly with anxiety, mood swings, and eating disorders. They get headaches, stomachaches, can't co ncentrate, and develop a very passive characteristic about their life in general (Salisbury & Wichmann 2004). Food is their reprieve, their escape away from reality. Early intervention into situations such as these can prevent these occurrences from happening. Nevertheless, these are not the sole causal factors of the development and progression of an eating disorder among young people. Some of the other possibilities that lead to this particular disorder are, social, cultural, developmental, psychological, and physical/physiological causative reasoning (Petrie, Tripp 2001). In a social context the problem is centered basically around the concept of thin is beautiful, and this especially impacts young girls. They go on crazy diets, some to the point of starvation just to

Developing in the relationships Essay Example for Free

Developing in the relationships Essay Once Marco and Rodolpho are in the house and settled down they start to introduce themselves a bit more fully to the family. Marco acts as a father figure to Rodolpho, comes across as down to earth which contrasts with Rodolpho who just Dreams, and has no sense of proportion. Rodolpho is very loud and forward, I have a nice face, but no money.  The first sign of trouble arises not long into the cousins arrival when Rodolpho starts to sing Paper Doll. Eddie does not give positive reactions from this. Miller uses visual tension with Eddie rolling up a newspaper and showing an explicit look to show the friction in the house  Once the cousins have been there for a while Eddie tells Beatrice that he aint been feelin good. This shows tension between the couple. Eddie admits to Beatrice They bother me since they came. this increases the dramatic tension; is Eddie anticipating that something bad is going to happen? Friction is suggested when Eddie says he Cant talk about it Eddie is not giving Beatrice enough attention and their relationship is on a rocky stage, which is affecting their emotional and sexual relationship. Beatrice is becoming worried about this problem and asks Eddie When am I gonna be a wife again? This is a euphemism and shows the break down in verbal communication between the married couple. Beatrice wants Eddie to confront his problem because of the trouble he is having with expressing his emotions. The failure of communication within the marriage is affecting the physical relationship. Beatrice is feeling ignored and craves the attention of her husband even though he is neglecting her and putting her in the background of his life. On the video the tension between Eddie and Beatrice is very clear as when Eddie is talking about sex he cannot look his wife in the eye and share his feelings. The relationship between the family is showing Beatrice to have developed some jealousy towards Catherine as Catherine is getting more attention from Eddie than she is. The relationships have become implicit and have now more reason to question the developing relationship between Eddie and Catherine to be more than just a father daughter relationship. This developing relationship becomes more apparent near the end of act one when Eddie is on his way home from work and he bumps into Catherine and Rodolpho who seem to be getting on well. Eddie becomes upset at the fact that maybe Rodolpho has won over the affection of Catherine and Eddie has been unsuccessful. Once Eddie and Catherine are alone, Eddie tries to tell Catherine that Rodolpho is using her for an American passport. The audience now question the reality of what Eddie has told Catherine but at the same time we are asking if Eddie is only saying this in hope that Catherine will believe this and dump Rodolpho. The stage directions add to the dramatic tension, as Catherine is smiling but tense. It is as if you can feel the friction in the air. We sympathise with Catherine as she only wants to grow up and Eddie is holding her back and still treating her like a child. Eddie is doing this because he is scared at the fact that Rodolpho is taking his Baby away. But is this fair to Catherine and also to Beatrice?  There is a lot of jealousy developing in the relationships; Eddie is jealous of Rodolpho because of the feelings Catherine has for him and Beatrice is jealous of Catherine because she gets more attention paid to her than Beatrice but she will not admit it, Beatrice asks Catherine, You think Im jealous of you honey? I think when reading the script you can see Beatrices plan of getting Catherine out the house. If Catherine marries Rodolpho, the two of them will be out the house and she will be able to have her husband back. Beatrice asks Catherine,  You wanna get married, or dont you wanna get married! she tries to make out to her that Eddie will not like Rodolpho but she should have realised by now that If it was a prince came here for you it would be no different implying that no man will ever be right for her in his eyes. Beatrice tells Catherine that she should become more independent and if you act like a baby and he be treatin you like a baby. These are Beatrices hints to make her realise the fact that she is not a child and should not be constantly relying on Eddie. Eddie goes to see Alfieri and from the meeting they have Miller presents Eddie to be irrational and confused. We pity Eddie and feel sympathetic as we can foresee tragedy, as it is inevitable. While Eddie is speaking to Alfieri, Eddie makes Rodolpho out to be effeminate as he can sing and sew.  Later that evening when Eddie arrives home there is still friction between Eddie and Rodolpho. Catherine resumes annoyed with Eddie so she torments Eddie by playing paper doll on the phonograph and then asks Rodolpho to dance, knowing that this will torment Eddie by seeing the pair together. Rodolpho recognises the tension and tells Catherine that he is too tired to dance, of trying to calm the situation. Beatrice makes Rodolpho get up and dance but Rodolpho can feel Eddies eyes on his back. While dancing with Rodolpho, Catherine is flaunting her independence and both Catherine and Beatrice are revolting Eddie. Marco and Rodolpho are deferential and recognise the tension and friction that is in the house. Eddie is still trying to show Rodolpho up and prove to Catherine that Rodolpho is effeminate by having a Masculinity contest of boxing. In the Sicilian community the men are always seen to be big, strong, and able to look after and protect the women. By Eddie hitting Rodolpho he tries to show Rodolpho up and make him look weak. Rodolpho gets his own back by asking Catherine to dance. He becomes provocative once he realises Eddies plan. Eddie humiliated Rodolpho by showing to Catherine hes more masculine and then Rodolpho shows Eddie that he can hit him in the stomach but he is the winner overall because he can still get Catherine. The ending of Act one is poignant and creates more visual and dramatic tension than verbal tension, which has been more common so far in the book. Marco shows Eddie that he will stand up for Rodolpho and uses a chair like a weapon and as a silent threat that has more meaning than words. The visual tension lets the audience see and feel the tension. Before now Eddie has felt in charge but Marco has turned things around after the chair-lifting test, Eddies grin vanishes as he absorbs his look. This is dramatically effective in both the script and in the video as the audience can almost feel the tension in the living room. Act one finishes and act two starts. Act two brings about development in the characters relationships. The development is mainly the disintegration of the relationships, but also new relationships are developing.  When Catherine and Rodolpho are alone in the house for the first time we see Catherine actually share her emotions and express what she has been feeling. Now we see the closeness of their relationship as Rodolpho now calls Catherine my little girl. This indicates that Rodolpho has taken Eddies Baby and so when he comes home after a heavy drinking session and realises the pair are together, he orders Rodolpho to Pack it up and move out. Catherine wants to move out with him but Eddie will not let her go. Eddie kisses Catherine when she announces she is leaving, As she strives to free herself he kisses her on the mouth. This is wrong and immoral; Eddie is shaming her. But then we see Rodolpho stand up for Catherine. Suddenly Eddie kisses Rodolpho. This is a dramatic change in relationship. At the start of this scene Catherine loves Eddie in a father daughter way, then, by the end of the scene she is staring at him in horror and says, Ill kill you. This is a very emotional scene whereby we see two relationships dramatically change; Catherine and Rodolpho want to get married and have stood up to Eddie, and Catherine has change her feelings towards Eddie and is now frightened by him. This scene makes us question the characters, as we are shocked and embarrassed. With this scene the books drama is more effective as we are able to read what is going on in the house with Rodolpho and Catherine, yet at the same time we can read the stage directions and see that Eddie is staggering along the side walk outside the house after a heavy drinking session. With the play we only see one picture at a time and it doesnt feel very realistic as you dont see the two scenes going on a t the same time.

Fahrenheit 451 Essay Example for Free

Fahrenheit 451 Essay In the book Fahrenheit 451, Beatty claims that If you dont want a house built, hide the nails and wood (61). * What Beatty means here, is that if people dont want society to have knowledge, then all knowledge-bearing materials must be destroyed, which in this instance, are books. Books give people knowledge and more complications, which he claims can make people less happy. Ignorance is bliss because every character in Fahrenheit 451 who discovers the truth is in immediate trouble, and completely loses their control on life. Clarisse is a character who finds herself in trouble because of awareness of the truth. For example, Clarisse says Oh, they dont miss me, Im antisocial. I dont mix. Its so strange. Im very social indeed (29). She cannot fit in with her peers because of her education, and has a hard time socializing at all. A child who is incapable of making friends due to higher education is a very troubling experience for anyone. Beatty also says Clarisse McClellan? Weve a record on her family. Weve watched them carefully. Heredity and environment are funny things. You cant rid yourself of all the odd ducks in just a few years (60). Because of Clarisses family background, and their history, Beatty and the rest of the firemen keep a very close eye on her family. Her entire family is looked upon as social outcasts because of their lack of ignorance. Clarisse later disappears from society. Clarisse is separated and discriminated against, and for this, she was not even able to function in society due to her education. Even more troubling, are the events that occur at Mrs. Blakes house. Mrs. Blake held in her possession an entire library of books, and the fire department is called to have them destroyed (36-38). By the time the fire department got there, and pumped kerosene all over the entire house, she refuses to leave the house. She said You can stop counting as the firemen continued to count and give her time to evacuate the house before burning it (39). She wants them to stop wasting their breath and allow her to remain in the house while it was burned. The woman on the porch reached out with contempt to them all and struck the kitchen match against the railing (40). The entire house is burned, with her in it. The woman committed suicide, due to her education and presence of the books. She is so befuddled by the content in the books, that when educated, she refused to even live any longer once her source of knowledge was burned. Being burned to death is about the most cruel way to die, and Mrs. Blake did all this only because she had been educated. Also, Faber found himself getting into several problematic situations involving his lack of ignorance. Faber was once an English teacher, meaning that he was very highly educated, because he had the permission to educate students (74). Faber is one who was around during the time where books were starting to be deleted from existence. He had the knowledge, and the ability to stand up for what was right, but never did. Faber has had to live with his guilt for several years now, just wishing he would have done something different, all because he was educated and enjoyed reading. If Faber would have never been educated, he wouldnt waste his time worrying about the past! During a huge fight between Beatty and Montag, Beatty says Well-So theres more here than I thought. I saw you tilt your head, listening. First I thought you had a Seashell. But when you turned clever later, I wondered. Well trace this and drop it on your friend (118). Beatty is threatening to bring harm to Faber, for being associated with Montag. He plans on taking both of them to jail, at this point. Faber was about to get serious jail time or more serious punishment, just for being associated with someone who was trying to become smarter! Its very troubling to have the want to be educated, but be punished for the thirst for more education, which is exactly what happened to Faber. However, the best example of someone whose life is destroyed by the absence of ignorance and the presence of books, is Montag. Montag, the protagonist has a life of order in the beginning of the book, he says It was a pleasure to burn. It was a special pleasure to see things eaten, to see things blackened and changed (3). Montag enjoys his life of destruction at first, and nobody is directly harmed by it. After discovering books, this all changed. Montag eventually loses it, kills Beatty (119), and runs from the law (137-179). Montag lost everything: his wife, his house, his job, his friends, his entire life! Montags life was most affected by the presence of books, and the deletion of all previous ignorance, because with the addition of education, Montags life became a complete misery he wished to get out of.

Completing Thesis: A Reflective Statement

Completing Thesis: A Reflective Statement Normally I set date to start my assignments am not a person who starts things earlier and finish it earlier, I set a time to start up things but anyway I finish my work on time. But after the last day of my dissertation advice session I start working on my thesis from that day. In the dissertation advice session the information given to complete the reflective analysis was major cause which helped me in to make my reflective report successfully. That daily dairy idea not only helps me in this project but also for normal activities of my life I started noting some important things. To complete the thesis I worked practically by talking to lot of people and I did studied lot of books, journals and internet materials and some thesis which is written by some one relates to topic. t took me almost 2 months to finish this thesis with all my hard work involved in it. When I started doing a thesis I found it difficult as I never did research like this as my previous education is based on exams and question and answer session. But this is the first time I am doing a project with lot of field work and lot of time I spend for understand the logistics management and the challenges faced by them. When I started doing this project I was not guided by any one and I was blank. Because I dont know what to write and how to start. Then I felt like going slowly to understand the topic first. What the topic says and what are the challenges faced by the apparel industry in logistics market. As one of my friends directed me what thesis is and what is the solution we should find for the topic. Which is set by the university. Before working for project I started collecting informations like articles, journals, websites and books related to supply chain management and logistics. Group discussion held after the advice session was useful that I come to know about the opinions and ideas of my group mates which was different from one another and was very useful. Every day colleagues came with several ideas which were followed by all the members of the group. But after meeting several people and after getting lot of information about the topic and different answer from different people and different book and journal says different things about the logistics world. It was bit confusing to start with but by setting a time limit to myself to write what I learned every three days. At the end of the month I saw what I wrote after 3 days. Then I consolidate it as a report. These are my basic step I took to start a thesis. But I find difficult in finding the information practically which is meeting the apparel industry managers and staff. As I find hard to get appointments to get information and the information they provide is not fulfilled my questions. But still I did not lose the hope. I did lot of try at last in few stores like Zara in Croydon high street and M S in Guildford had a good response to my entire question. I would like to state few of the answers provided by the managers in Zara, MS and few more stores. As I had several question relating to the topic. I went to Zara, Next and MS apparel stores to find out their logistics performance. First one I went is Zara in Croydon high street surrey. Were I found good information about their logistics strategy and the manager of the store started out by saying the apparel manufacturers and retailers mantra for the new millennium? Speed to market. Its the last leg of the right product, right market, right time race and its all about logistics. And he told the companies started concentrating and started investing heavily on investing on logistics as it is the back bone of the fashion industry. If I say you my personal opinion Zara logistics performance is excellent as it is vertical integration to ensure control over supply chain, and proximity. Zaras centralized distribution facility gives the chain a competitive advantage by minimizing the lead-time of their goods. Zaras internally or externally produced merchandise goes to the distribution centre. This is cost-effective due to the close proximities of the distribution centre in Arteixo and their factories in Coruà ±a. In the distribution centre, products are inspected and immediately shipped, since Zaras distribution centre is a place where merchandise is moved rather than stored. Then, to increase delivery speed, the shipments are scheduled by time zones and shipped by way of air, and land. The typical delivery time within and outside Europe is between 24 to 48 hours. It was an informative session I had in the Zara store and I was amazed with their logistics performance and the lead time to the shelf is best than all other brand. Like M S and Next lead time is longer than Zara lead time and these brands are horizontally integrated. But I found there is a disadvantage in vertical integration which I asked this question to a M S store in Guildford, Surrey. Zaras strategy also creates some weaknesses. Their vertical integration has more Advantages than drawbacks but it is important to recognize its limitations. Vertical integration often leads to the inability to acquire economies of scale, which means they cannot gain the advantages of producing large quantities of goods for a discounted rate. Higher costs are then incurred for the Inditex Corporation. Inditex also has to support their own high capital investments for their chains and be able to financially back their Technology and skills beyond those currently available within the organization. Zaras speedy and recurrent introduction of new products incurs increased costs as well. They have higher research and development costs. They also have elevated costs due to the constant changeover of production techniques to create their different apparel lines. That also means that employees must be trained in order to use the new manufacturing techniques, which again leads to increased costs. Traditional retailers do not experience higher costs in all of these areas. I found lot of information from local shopper till the managers about the logistics performance of lot of the apparel market like TK Maxx, Self Fridge, John Lewis and more. The outcome all are finishing at the end is right product at the right time and reducing the lead time to the shelf is always challenging to the logistics market. During my collection of information I came across some problem, I shifted from Luton to London in the beginning instance I find difficult in searching books and other related journals, but by the advice given by one of my friend I came to know libraries nearby it helped me in collecting information. I made a timetable for myself every week and worked according to it. Mostly I go to libraries and collect informations during day and after I return home I took rest for myself for some hours and then go through the information collected by me on that day and will take notes for my thesis. Once unfortunately I got a call from one of my elder cousin who is working in dubai and when he asked me about my studies I told him that am working for my project and by saying him the topic he gave me phone numbers of some persons who working in logistics sector. The information which was collected by me through phone from logistics managers who are working for ETA groups in middle east countries gave me a detail idea about the challenges which their company face and it was useful for me to research on the basis what exactly affecting apparels. From the day I started working whoever I meet I just put them my dissertation question and take note of the points given by them. For getting additional information and opinions of people I questioned them and comment their ideas and opinion in between which makes them to give answer and which helps me in theoretical argument. This is where the stage I taught myself how to approach people in collecting information and getting ideas. Each person tell their views what challenges their company face and I came to know that some challenges which are major in some countries are not a big problems in other countries. So then I started my work focus on different countries challenges in port and other clearing process. Then I realised that my ability to research on a issue was improving and I felt much confident. Previously while working for my assignments I compromise if I didnt get certain information. But I felt that compromise doesnt wins an argument, so I was very much strict in what I want and I didnt used any substituent if I couldnt get information related . I tried and kept pressure on myself to finding things what is needed for me in completing successful thesis. I find some difficulty in working during weekends after returning from my work. So entirely in the first month I couldnt able to work for my project during week days. Later I realised that am wasting time and even started working on weekends. This two and half month I heard many people saying even the person who talks with me in phone says your quite reserved than before. This is because my minds always think about the project that i need to submit and most of my words I had with my friends were about my project. Normally I am a talkative guy in nature but this time span made me and showed me a person who listens more than speak. I believe that this field work made me to think and act rather than before. Now I do started following the quote plan and implement. I even feel my patience was more than before. I even watched some short videos in Google and YouTube and some of the interview posted by people related to logistics and supply chain management as it was in a visualisation mode It helps me more in understanding the concepts and I made it as my hobby whenever I feel bored i use to watch songs but after starting my project I started watching videos related to logistics. It also took me in interesting way and motivated to watch more videos of such type. After collecting information from different ways like media, books, magazine, newspaper, journals, internet and meeting several professional and non-professional people I came to a understand a change in supply chain strategy and the current supply chain strategy in rapidly developing market. I couldnt able to be in contact with my group members often as am far from them so most of my time with them were in phone and I too asked suggestions and gave them suggestions in finding information. And there was a huge difference in the way of working for project among my group mates and the incidents and experience which we shared was useful for us in going to find more information. To make my work more easier in finding resources I even spoke with some seniors colleagues who finished their masters successfully they told about their time span spend for finishing the thesis and problems faced by them this made me aware to get rid of some problems which I may face in finding and working for data collection. I even quote a line for myself while going through data collection. That suggestion can be asked from everyone but decision should be decided only by my own. I felt there was one mistake which I made in this project work is I collected and take notes not in unique order that I should do my project .i mixed notes and it was quite difficult for me to arrange and make it. I get tensed several times because I was not confident and proper and was in a dilemma in making paragraph. I doubt myself which I need to mention first and follow other things. But quietly I came on it and did that accordingly in my best way. When I finished my theses I felt much happy that I havent felt happy like this when I finish my normal assignments. I believe that the effort I insert for this project in double the time which I work for assignments. After collecting information from different ways like media, books, magazine, news paper, journals, internet and meeting several professional and non- profession people. I come to a understand a change in supply chain strategy and the current supply chain strategy in rapidly developing market. But after collectively found some information about the topic I put myself in the place of a logistics manager and what will I do if I face this problem. I put myself in lot of question. This I thought because I felt like after my studies I have to face all the challenges and question I am thinking currently. I thought I will inter relate my questions and the challenges faced in my thesis which I did and more over this thesis made me think as a manager for a logistics apparel firm and it put me in a confident that I am capable of taking decision and I am capable of managing a logistics firm and I come to know what are the challenges and what are the disadvantage currently facing by the logistics operation. What is jazz? What is jazz? What is jazz? This question has been debated throughout the 20th Century, as jazz has proven difficult to define. The dictionary definition of Jazz states jazz as â€Å"a genre of music that originated in African-American communities around the late 19th – early 20th century†. Regarding its musical features, jazz relies heavily on the use of improvisation and syncopation as well as incorporating elements such as blue notes and poly-rhythms. The birth of jazz into Americas multicultural society has led many to believe that Jazz in one of Americas pristine art forms, parallel to the western classical tradition in Europe. But does this make jazz an American way of creating music, and therefore Americas classical music? This assumption leads to questions about identity and race as a social construct. Jazz emerged as an indigenous form of music that reflected the American ideal of the individuals freedom of expression. However throughout its discourse, jazz has continually evolved from casual improvisations into a set of musical elements that can characterize and define each classical style. However each new classical jazz style carried emerging ideas of ethnic black identity as a sub cultural crisis point. For example, the Blues period was a reflection of slavery, dixie jazz was an early reflection of crayol life and swing represented the commercialisation of black musicians. This implied the idea that jazz music was a reflection of race which articulated African American feelings and thoughts of the socio-political injustices of the time into the music. It is this struggle for identity and equality that in many ways, suggests jazz is a metaphor for the American idea of democracy. However the introduction of jazz to the black community was initially seen by the white as transgressive. It gave the black community emancipation from race, but not an emancipation of race. In essence, jazz created black people who spoke like middle class white people. This subverted their ethnic identities, which created a new socio-ethnic black stereotype, allowing the black man a redefined status. This led to many artists such as Dizzie Gillespie to create a new black intellectual image, as the social boundaries began to break down. Yet it could also be argued that this merely replaced one stereotyping with another. As jazz became more popular, white jazz bands such as the Benny Goodman Orchestra (1935-1939) began to emerge. However, music critic/poet LeRoi Jones saw problems with appropriating jazz. As a champion of the African-American population, he believed that black music belonged to black people. He saw white jazz musicians as thiefs that steal music from black people. How can jazz be seen as Americas classical music if America is divided on its appropriation? However, over time this view changed. Some 50 years later, jazz arguably transformed from a single, guarded expression of the consciousness of African Americans to a national music. This identity of jazz emerged in 1987, when the 100th congress of the U.S.A recognized jazz as â€Å"a national treasure to which we should devote our attention, support and resources to make certain it is preserved, understood and promulgate† (Price 2003, 1). This was a unique American phenomenon which appropriated jazz as a national symbol. Jazz historian/critic Grover Sales book Jazz: America’s Classical Music (1984) initiated this discussion of jazzs importance a few years earlier. The main proposition in the book was that jazz was a serious form of music that should be regarded as equally important as Western classical music, despite its differences. In 2001, the same statement was made in Ken Burns documentary Jazz (2001) by trumpeter Wynton Marsalis. This started another debate as to whether jazz should be perceived as Americas classical music or whether jazz and classical music should remain separate. On the one hand, jazzs emergence as a form of popular music in the United States, like classical music was performance orientated, with jazz schools such as the Association for the Advancement of Creative Musicians (AACM) formed in Chicago, 1965. This association, much like a conservatoire aimed to give young African-American jazz tutelage. As a genre, jazz music has also evolved through different forms, levels of complexity, literacy and excellence. Because of this, it shared many similarities with classical music. It is also argued that, like the classical music of other cultures, jazz has been time tested. In the early 20th century; it became a standard and a model, later established value and most of all was native to the African-American culture. A culture which, echoed its struggles, decade by decade through music. Jazz serves, in a sense, as a musical mirror, reflecting how not only the African-American jazz community saw themselves at different times in their history, but als o how society portrayed them, for example in the way Hollywood movies portray the 1920’s and 30’s using the jazz of those decades to underscore the pictures. Trumpeter and composer Wynton Marsalis, believed in promoting the appreciation of both Classical and Jazz music. Born in 1961, Marsalis career progressed from teacher, to music educator, becoming Artistic Director of Jazz at Lincoln Center in New York City, winning nine Grammys in both genres in the process. But despite his talent, critics opposed Marsalis views. Scott Yanow criticized his â€Å"selective knowledge of jazz history† and that he considers â€Å"post-1965 avant-garde playing to be outside of jazz and 1970s fusion to be barren. Marsalis was also criticized for pressing his opinions as producer and on-screen commentator in the Ken Burns documentary Jazz (2001). The documentary focused primarily on legends Duke Ellington and Louis Armstrong, presenting jazz as a lineage of great men and as Americas classical music. Marsalis also covered the years 1920–1965 more than later decades, and almost disregarded 1970 jazz completely. In response to the film, music journalist David Adler wrote, Wyntons coronation in the film is not merely biased. It is not just aesthetically grating. It is unethical, given his integral role in the making of the very film that is praising him to the heavens. Grover Sales opinion in 1984 supported Marsalis view, but he too was also criticised. Emmett price, associate professor of music and one of the worlds leading experts on African-American music, opposed Sales saying; â€Å"There is nothing classical about jazz. Classical implies static, non-changing; a relic frozen in time. J azz has never been static, non-changing or frozen. (Price 2003, 1). Prices interpretation is questionable, as the idea of classical music as a relic frozen in time is controversial, however his point about jazz being the opposite of this is hard to disagree with. The genre of jazz has been constantly evolving through the decades, with the emergence of fusion as a hybrid musical form. Can any classical genres, such as music from the Romantic period be described as a hybrid form to the same level as fusion is to jazz? Immediately there is difficulty classifying jazz as a classical music. Jazz is a constantly changing art-form that nowadays refers to new and evolving genres (such as acid jazz, punk jazz in the 90s). Arguably, the idea that jazz is never finished evolving challenges Sales 1984 claim of it being a form of classical music. The word classical implies a level of unchanging, solidarity, so is it appropriate to label the ever-changing jazz climate as classical music?

Essay on Shakespeare’s Sonnet 73 -- Sonnet essays

Interpretation of Shakespeare’s Sonnet 73 Sonnet 73 is a meditation on mortality, and yet it can be interpreted in a number of ways. The first such interpretation is that the author of the poem is speaking to someone else about his own death that will inevitably come in the future. This interpretation has the poem focused on the author, and his focus and concern over himself. This makes him seem very selfish, because we are all going to die sooner or later, and it does not do any good to dwell on or complain about it. The only use that this interpretation really has is to evoke pity in the author, or the speaker of the Sonnet. That is why it was this interpretation of Sonnet 73 that was used in a 1996 production of Shakespeare's The Tempest by the Indiana Repertory Theatre. The director substituted five or six Sonnets for the pageantry scene where Prospero summons island spirits to perform for Ferdinand and Miranda, the last Sonnet in this substitution being #73. Prospero has a plot against his life, and this Sonnet helps to remind him of this, and also to remind his daughter Miranda that soon her father will be gone. Prospero uses the last couplet of the Sonnet directed to Miranda as "This thou perceivest, which makes thy love more strong." This line could also be the author speaking in the third person, and he is referring to himself as "thou." It is also interpreted as another two people conversing in these last lines by The Francis Bacon Society, they believe that Bacon was the one who wrote this Sonnet. "Here Bacon is meditating on getting old and like a sunset fading away and death like night sealing everything up. That the fire of his youth is like ashes on a fire expiring as on a death be... ...g?" Or why doesn't the action of leaving have as its subject the "I," the poet, who in death would leave behind his auditor?. . . If we read the last line with a stress on "thou," according to the meter, then the grammar and the meaning become consistent, and the reading of the Sonnet insists upon the shift in focus from the speaker's life (and imminent death), to the addressee's imminent loss of youth." These are a couple of different ways that Sonnet 73 can be interpreted. It just goes to show that there are never any definite answers about things that belong to the category of art, and especially everything concerning the work of William Shakespeare. There will always be ideas and theories that will contradict each other, and that is really the only thing that can be excepted as a constant when dealing in projects such as this one.

Gay and Lesbian Liberation Essay example -- Homosexuality

Generations ago, the United States was a country of the male wardrobe. Today's movements for the rights of lesbian, gay, bisexual and transgender (LGBT) community are leveraging the existence of more globalized and open systems. Besides, the promotion of the lesbian, gay, bisexual and transgender population have been acknowledged through smart partnerships within conventional, political and economic scene, while the males and heterosexuals are still pervasive. This paper will focus on the oppression of the LGBT population denying their human rights. However, at the same token showing their struggle to ultimately be accepted in society to some degree will be addressed as well. The gay and Lesbian liberation movement presented the later involvement of the bisexual and transgendered groups. This was considered a significant social force that introduced the reality of this culture during the last several decades. Fortunately, the individuals who had been profoundly isolated from traditional sources gained some support. The sources entail family members, friends and communities. Unfortunately, the LGBT population encountered harsh treatment by their oppressors, as many people were against their way of life. Many of these LGBT individuals were terrorized by other individuals, which also resulted in death. A controversial issues regarding the LGBT population, particularly gays and lesbian has been their privilege to be married. Homosexuality was decriminalized in most states in the Americas. However, homosexuality remains criminally punishable in Guyana, to Belize and part of Caribbean islands (in Jamaica, in Dominica in Saint Lucia, in Barbados, in St. Vi ncent and the Grenadines in Grenada, in Trinidad and Tobago to Antigua a... ...tudies from 1978–2000. Scandinavian Journal of Psychology vol. 43 pp. 335–351 Bawer, Bruce (1993) A Place at the Table: The Gay Individual in American Society. New York: Touchstone Books Boswell, J. (1994). Same-sex unions in pre-modern Europe. New York: Villard. Dexter, P. (2003). Countering the counterfeit: A case for traditional marriage. . Miller, A. V. (2000). â€Å"Our own voices: a directory of lesbian and gay periodicals, 1890s-2000s†, Canadian Gay and Lesbian Archives: http:/ / www.clga.ca One, Inc. v. Olesen, 355 U.S. 371 Rasmussen, M. and Kenway, J. (2004), â€Å"Queering the youthful cyberflaneur Globalizing identities, consuming queers: Issues in education and globalization†, Journal of Gay and Lesbian Issues in Education vol. 2 no. (1). pp. 47–63. Streitmatter, R. (1995). â€Å"Unspeakable: The rise of the gay and lesbian press in America†, Boston: Faber & Faber

Media and the Writing Process :: Television Media TV

Media and the Writing Process When looking at a work of media, ones tries to find something that would enhance the writing process. Television, as well as cinema often lends to this process. One example of this is with the John Carpenters’ Vampires, which incorporates the use of suspense and anticipation to lure the viewer into concerning themselves more in to the story. Another example, is the television documentary Hitler’s Henchmen which uses a systematic, chronological method to tell the story of Adolf Hitler’s main Architect, Albert Speer. Of course literary works also can help in enhancing the quality of one’s work. A River Runs through it, Norman Macleans’ personal memoirs, lends to the reader the idea of the metaphor to pursue plot. Another literary work The Perfect Storm, by Sebastian Junger tells the story of a doomed vessel lost at sea and does so through the use of creative language. Cinema is often overlooked as an outlet for literary enhancement. On the contrary, however, many films often tend to use or incorporate ideas which can be transferred with success to a literary piece. The film, Vampires uses many literary devices to progress its story and plot. The devices which were used most extensively, those of suspense and anticipation, can easily be incorporated to enhance a literary piece aesthetically. Television, again, like Cinema is a media which is overlooked when searching for methods to enhance ones work. A television documentary, recently aired, Hitlers Henchmen used a technique which is perhaps vital to a successful literary work. Displaying a information in a systematic, or chronological fashion, as done in the documentary, often clears the path for the reader, or the viewer in this case to make their own assumptions, or judgement of what they have seen. The most important of all media to be used to enhance ones’ own work of course is another piece of literature. The metaphor, as in Norman MacLeans’ work, A River Runs Through It is an excellent device used to give more meaning to single ideas, and can easily enhance a work.

Behavioral Assignment

For example if the company is performing admirably, your payments are not going to increase, but if you compare this situation With an equity investor, the market will incorporate to the stock price these results and your remover will be higher. On the other hand if the company Starts having some problems and cannot achieve its goals, your payments will remain the same.This situation only changes when the default risk increases, and this doses â€Å"t happen in a very quick span of time In the case of equity, the scope for disagreement is larger and more sensitive, because the payoffs are uncertain and depend on the beliefs of the fundamental value of the company. It can be also seen below that equity payoffs are linear with respect to investor beliefs in relation to underlying asset value; however, debt up-side payoffs are fixed at some constant rate, ND are consequently non-linear (I. E. Concave) in the investor beliefs about the fundamental value.Source: Hong & Serer 2011 b) Safe debt has less default risk than risky debt, which means that its payoffs are more protected and the payoff graph has a more concave shape. The more secure an asset is, the less sensitive the investors are to the beliefs about fundamentals. The upside is here more bounded and is less sensitive to disagreement. When a bond is more risky there is a greater probability for default and the investors are more sensitive to the changes in the fundamental value of the company. Beliefs start having a greater influence on the asset valuation.In the following formula we can see that if the default probability is very low, the safe debt payoff will also be lower and less sensitive to disagreements. C) When optimism increases investors start seeing debt more as a risk-free asset that has less upside with reduced resale option. Rising optimism leads to larger misprinting. In this scenario the optimistic investors will continue to buy the bonds from the pessimistic investors, so there will be more optimistic investors holding the asset and the disagreement among the investors will be owe, and lead to a lower price volatility.The bond will also have less turnover. The pessimistic investors won t become optimistic, they just want to sell their bond. The model suggested by Hong and Serer(2013) considers a two-date trading model with dates t -?O, 1, N risky assets and the risk-free rate as r. The dividend delivered by the risky asset at time t=l is given by the equation: , where represents the cash flow beta of asset I, and is the state of the macro economy.There are two groups of investors: 1) The optimists (group A), who believe that the economy will be better in t=l -b EAI[z = +h 2) The sometimes(group B), who believe that the economy will be worse – 3) So the expected difference between optimists and pessimists is given by: EAI[z] – BE[z] = When is small (I. E. Low macro disagreement) , the equilibrium price will depend both on the optimists and pessimists valu ation, equaling However, when X is large (high disagreement about future macroeconomic conditions), the demand of pessimists (given by ) is so low that it will hit short sale constraints.Thus, the equilibrium price will be determined only by optimists' valuation, since the pessimists will be sidelined from the market: . This equilibrium price is higher than the unconstrained price, which means that the stock N will be over-priced, due to high macroeconomic disagreement about fundamental factors, when compared to the traditional CAMP model prediction. As predicted by the dividend equation: , the higher the beta of the stock, the higher the effect of the disagreement about its future cash flows will be.Thus, short-sale constraints will occur with higher probability for high-beta, high risk stocks. Short-sales constraints might be binding for some investors due to institutional reasons. An example are mutual funds, which are prohibited to worth stocks directly by certain government act s and regulations. According to the arguments above, misprinting is more pronounced for high- beta stocks or for periods of higher disagreement. Thus, stocks from higher beta sectors such as technology, consumer retail, automotive, construction are more likely to experience overpricing and bubbles.Higher disagreement occurs either at times, when market optimism prevails -? continuous bull markets, combined with expansionary monetary policy for prolonged period, or when market pessimism prevails – crisis times, described by high volatility ND panic sell-offs, causing stocks to be undervalued. Bubbles are often hard to detect and ascertain, but tend to form most often when certain industry sectors are experiencing a technological revolution. Bubbles, crashes and financial crisis have been a repeating occurrence for long (e. G. He South Sea Bubble, canals and railroads in the 1 sass, the Internet in the sass) (Predetermine & McKee, 2012). A technological revolution in an industr y causes a boom in asset prices; however, as the momentum of the bubble increases, the rise in prices cannot be justified anymore by fundamentals as people continue to make ever-rising valuations. It is difficult to identify an asset's true fundamental value, and this is especially true for new technologies that have may seem as the next big thing, but have uncertain long-run prospects.Similarly, pastor & Versions (2008) argue that bubbles in stock prices can occur after technological revolutions if the productivity of the technology to be implemented is unknown and subject to learning. This affects both the level and volatility of stock prices. Critically, stock prices of innovative firms initially rise due to optimism and DOD news about the productivity of the firm due to the technological innovation, but eventually fall as the technology risk alters from affecting only the firm to being systematic (Pastor & Versions, 2008).The bubbles can only be observed retrospectively, and are most greatly amplified in revolutions than involve high uncertainty and fast adoption. For example the expansion of both railroads in the sass and internet infrastructure in the 1 sass was characterized by overstatement that ultimately depressed prices on an aggregate level as additional projects had negative returns due to industrialization.Also, in the case of the internet bubble, investors were lured in to invest by promising companies such as Amazon and America Online, but later companies had often no idea how to be commercially viable and essentially were riding the bubble (Dominant, 2014). Bubbles may hence be amplified by speculation and the idea that individuals observe and adopt the behavior of others (Levine & Jack, 2007). Especially in the case of the internet bubble optimists tend to push up the asset price, whereas more pessimistic investors cannot counterbalance this due to short-sale constraints (Predetermine & McKee, 2012).Thus genealogical revolution tends to lead to projects with initial profits, and leads to overoptimistic tendencies for the whole industry. As prices exceed fundamentals and new entrants/projects turn sour, the bubble eventually collapses. In the case where there is only one share of the asset available and there is one optimist and one pessimist in the market, the pessimist will sell the asset to the optimist at a price higher than the mean evaluation of the two investors.Here the single optimistic buyer can absorb the entire supply of one share. The average price is 75, thus the traded price will be in the range 75. The traded price rises when there are two homogeneous groups Of investors, I. E. When there are more optimistic traders in the market. They will bid up the price until it reaches the valuation of the optimists, I. E. 100. This will be the traded price. Thus, as according to Miller (1977) without short selling the price of the asset is increased if there is a divergence of opinion.In such a market the demand for the asset will come from the traders who have the most optimistic expectations of its value. The most optimistic investor tends to win the bidding and their evaluation of the asset ends up being its actual price. This can be also seen in the diagram below. Supply is inelastic at N, so the price is higher than the equilibrium rate. Only optimistic traders will trade at the prices where the demand curve meets the inelastic supply curve.Also, as seen in the diagram, different investors have different demand curves; the most optimistic one will have the highest valuation. (Source: Miller, 1977) Due to the binding short selling constraint, less optimistic traders who would like to short an asset cannot do so. Thus this is necessary for optimists to be able to set prices. Also volume is crucial. The more optimists there are will signify that the asset's price will be bid up to the valuation of optimists. This is especially true when the asset is scarce (e. . Only one or a few exist), as in this case there will be ample demand by the optimists (who may be a minority in the market) bid up and set the prices. The price of a security is higher the greater the divergence of opinion about the return from the security (Miller 1977). So we can say that if there is a big divergence of opinion in the market, the price will be even higher because the price only reflects the optimistic investors, and this also causes more volatility and more risk to the stock. Since the annual discount rate is a variable, and the time to maturity T is a constant, we can apply the rule: Then the expected value that the optimist attaches to the bond is given by: , 51 once The expected value Of the pessimist is given by: b) The difference of the natural logarithms of their attached values is: In According to the result, there is a positive correlation between the bond maturity T and the level of the disagreement between the investors, so the longer the bond maturity T, the higher the disagreement between the optimist and the pessimist will be. ) According to Miller (1977) the greater the disagreement the higher the rice. As we saw in the previous step bonds with longer maturity have greater disagreement, which leads to stronger misprinting because the price of the bond will only be affected by the optimistic investors (since pessimistic investors cannot affect the prices because of short-sale constraints). Thus, misprinting will be more pronounced at the long end of maturities, than at the short end.Also the longer the maturity of the bond the higher the expected return, according to a regular bond yield curve. If misprinting is more pronounced, the price of bonds will go up, causing a shift downwards in the lied curve, so average realized bond returns should be lower than the expected. A) Investor B starts with rational beliefs at t-?O, so his expectation of an upward move is â€Å"10=0. In case of an upward move at node u his expectation of an upward move TTL is given by : , A further move up to position u will give: A move down to position dud gives: An initial downward move to d yields: Going another node down to ad: And moving up in the second period to du gives: b) Investor Bi's beliefs about the value of the stock seem irrational at point ‘dud' and ‘du' since at ‘dud' his expectation of an upward move is , while at ‘du' it equals . Actually these positions represent one and the same point on the binomial tree, where the fundamental value of the asset should be constant. Behavioral assignment Even though according to Prospect theory the individualistically function is concave in the gains region, implying that they are risk averse, its shape changes to convex for very small probabilities. Usually people treat the outcomes based on a reference point, usually their current wealth, from which they evaluate gains and losses. For that reason a certain gain of $1 0 is not perceived as bringing any significant utility to let's say average middle-class individual, while the possibility, even though small, of winning SIS 000 would actually bring a quite significant change to his wealth.The opposite goes for the perceived utilities and the utility function, when in the loss region. Even a small probability of losing a significant amount ($10 000), which will severely affect the wealth of the individuals is misperceived as relatively high and undesirable as opposed to the certain, but small loss of $10, which will not affect the wealth of the person around his reference point.Some r eal life analogues of the conducted experiment might be buying a lottery ticket, where the individual even gets a small, but negative payoff, on average, or establishing a start-up business, where an entrepreneur invests capital with the hope Of receiving higher return in time, instead of investing the money in a bond or a bank deposit at a risk-free rate. Examples for certain small losses might be a person buying insurance policies and paying a small premium, but avoiding the risk of theft, road accident etc. Q.The distribution is not normal, but rather positively skewed, with higher percentage of positive earnings surprise than negative. There is also bunching at the O value, inferring a high probability that the average of analysts' forecasts coincides with the actual earnings reported. This distribution of recast errors actually implies that analysts have a downward bias when producing their estimations. A reason for this might be that analysts have asymmetric loss function, imp lying that they can be more harshly punished for under-prediction than for over-prediction.This is due to reactions of investors who, in most cases, have prospect theory utility functions, rather than conventional expected utility functions I. E. Their losses hurt more than gains of the same magna etude increase utility. In terms of the earnings surprise this means that when the actual earnings miss analysts' projections, he negative returns on stocks in the following days are much more pronounced due to investors unwilling to hold the stock and selling with larger volumes.In the opposite case of a positive surprise, investors' utility function is less steep in the gains region and the magnitude of increased purchases of the stock is less pronounced. Boon and Woman (2002) estimate at least six reasons for the analysts' downward bias when producing forecasts: internal pressures for earning higher brokerage commissions, pressure from management of companies that analysts cover, herdin g behavior to follow other analysts' projections, pressure from large institutional investors that analysts work with, conflicts with analysts' personal investments or unintentional cognitive biases of the analysts.Other plausible reference points in terms of expected earnings might be results from past quarters + some premium/discount, depending on how the company performed in the most recent quarter, or the earnings reported by companies, operating in the same industry I. E. Competitors. Investor A If the stock goes up, he would be keener to sell in order to realize his gains. The Prospect Theory utility function, which is concave in the region of gains, wows us there will be a point where an increase in his profit will bring very low marginal utility, so at this point the investor would be keen to sell.If we assume that the investor bought when , the more the stock rises and moves into more concave regions, , until it reaches the point of sell: If the stock goes down, he will hol d the stock because he won ‘t accept his loss and try to hold it until the price of the stock returns to the price where he bought the stock (his reference point). He would be more concerned with the potential value of losses and gains than the total wealth outcome, so he would be more inclined to sell when the stock was in the gain-making region, and less likely to sell and more likely to hold at the loss-making region.This is an observation of the disposition effect, tested by Dean (1998). Investor B If the stock goes up he will like to buy more shares. As an optimistic investor, he would trade more because of the profits that he is making, and the belief that he has information that others don t and that if the stock its going up, the momentum is likely to continue. If the stock goes down, he will like to sell because for him the market it's telling him that this stock its not worth holding anymore.The most important thing for him in order to make a decision for buy or sell is to receive a signal from the market and as an overconfident investor he would think that he has information that the market doses ;t and could benefit from that In other words he will consider the pure noise from the stock price movement as a signal and overweight it () The two investors could trade when the price of the stock rises, relative to their reference point because in that point investor A is more willing to sell and realize the gain and investor B is more willing to buy, because of the overestimated weight on the signal.Also they could trade when the price goes down and reaches a certain point when investor A no longer can hold the position (has sustained huge losses) and investor B could get a signal from the market, that the stock is already undervalued. A) 1 . Overstatement – empirical data show that there are cases when Coos truly believe that certain investment policies are creating value for the company. However, their beliefs are quite often in discrepan cy with the broad view of market participants, which is reflected in the stock value.These investment incentives are more pronounced in companies, that are cash rich, nice Coos will not be constrained by lack of funds and allocate the available cash according to their overconfident beliefs. 2. Corporate Financing – instead of opting for the more rational choice of choosing sustainable mix of debt and equity financing, combined with the use of the company's outstanding cash, overconfident Coos tend to use larger percentage of financing with cash or debt, since they consider equity financing excessively costly and believe that the market is undervaluing their company. . Overbidding in acquisitions – scholarly research has found evidence that overconfident Coos overestimate their ability to generate returns for their company. This is why such Coos have a tendency to overpay for target companies and undertake mergers that actually bring lower than expected value. A proof f or this might be found in market reactions after announcement, where the negative return after the announcement is more pronounced for companies, whose managers are considered as overconfident by investors.In the last two decades U. S firms spent more than $ 3. 4 trillion on mergers, and if CEO ;s were thinking only about the interests f their shareholders probably they would have acted in a different way, because their actions caused losses amounting to roughly $220 billion (Maintained, Tate 2007). B) CEO overconfidence does not necessarily have to be a bad thing, since this aspect is quite closely con nested with affinity to taking higher risk.Higher risk, in turn, might lead either to more pronounced negative or positive outcome for the company, and thus also allowing for a beneficial outcome to shareholder interests. Also, such individuals, for reasons connected with their genetics or upbringing, are among the most successful and influential people n society. As discussed in the paper â€Å"CEO overconfidence and innovation† by Galas, Simoom (2011 more confident Coos tend to disregard the risk of failure and thus more eagerly indulge in R&D and innovation strategies, which eventually bring higher value to shareholders.Real life examples of such Coos might be Steve Jobs (Apple Inc. ), Leon Musk (Tests Motors). Question 5 In the presented case, an overoptimistic person will tend to have higher anticipatory utility during his youth, but eventually as time progresses the actual realization will with a high probability be less than his anticipations, so e will get lower realization utility. The total utility he gets will depend on the weights he puts on those two utilities.If you educate your child to be overoptimistic, in the future for example when he receives his pension fund he will expect certain amount of money, let's say $1,000 per month, but instead if he actually receives $900 he will feel as if he lost $100, regardless if that amount of money r epresents a good income for him or not. On the other hand if he receives $1 r 1 00 he won ‘t feel the satisfaction of having more money. The feeling when you lose is deeper than when you win.