Wednesday, November 27, 2019

Back to School Event free essay sample

The speech is based on responsibility and not giving up on education, he also mentions some people who are successful today and talk about how they got there, and that the students of America can do the same, if they were responsible enough to do their part for the country. Its as if, he asks the students, if they could do him a favor, and the more they educate themselves, the more he will make sure the students have the books, classrooms, equipment and computers they need to fulfill their education. He mentions a lot of values in his speech, but something he repeats the most and is the message of his speech is to never give up. Barack Obama starts his speech by asking the students â€Å"hows everybody doing today? †, already in the very beginning of his speech, he uses a simple language, which makes it easier for the younger audience to understand. We will write a custom essay sample on Back to School Event or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A simple language and syntax is being used throughout the whole speech, and pathos when he tells about his own experience and expresses how he feels on this matter in the speech, which in general, makes it easier to earn peoples attention. I know the feeling. When I was young my family lived in Indonesia for a few years, and my mother didnt have the money to send me where all the American kids went to school. So she decided to teach me extra lessons herself, Monday through Friday – at 4:30 in the morning. † Feelings are important to use, especially when the speaker is trying to make a statement, and in this case it will make the listeners think that they arent the only ones going through struggle, and the fact that he is as successful as he is, makes the listeners think that they could do the same if they didnt give up. Another thing Obama uses in his speech is his compassion for the students. â€Å".. for those of you in kindergarten, or starting middle or high school, its your first day in a new school, so its understandable if youre a little nervous. † -â€Å"I know a lot of you have challenges in your lives right now that can make it hard to focus on your schoolwork. † Often when he shows his compassion for the students, its followed by his childhood and how he coped with the situation. â€Å"My father left my family when I was two years old, and I was raised by a single mother who struggled at times to pay the bills (.. There were times when I was lonely and felt like I didnt fit in. † Usually, when hearing others struggles, people tend to pity them, and this can be one of the reasons why using feelings in a speech, but another thing very important in a speech is reliability. The title, Barack Obama has, already makes him reliable, but he uses other successful people as exa mples, like J. K. Rowling and Michael Jordan. They are both very famous people, who are idols of many people. Obama mentions, that Rownlings first Harry Potter book was rejected 12 times, before they were published, and all the shots Michael Jordan has missed. Obama even uses of one Michael Jordans quotes: I have failed over and over again in my life. And that is why I succeed. † The speech is divided in sections, where he uses pathos to get the attention of people, followed by ethos, where he tells why he is here and the reason why the students should be more responsible in school. â€Å"Every single one of you has something youre good at. Every single one of you has something to offer. And you have a responsibility to yourself to discover what it is. Thats the opportunity an education can provide. And logos, when he uses other successful people the younger audience knows or unknown, but successful like Jazmin Perez, who couldnt talk English, when she first started her education, Andoni Schults, who has brain cancer and has difficulties with remembering thing he has learned, and Shantell, who is going to college, even after having a hard childhood. Like said before, using examples of people, who havent had a good childhood or life at all, makes the students think in way, that its pathetic they cannot achieve the same things. It boosts the students views on education, which makes them want to work harder. He also uses the future of their country as an example, by them that what they make out of their education will decide nothing less than the future of their country . What theyre learning in school today will determine whether we as a nation can meet our greatest challenges in the future. He continuously reminds the students, that in order to solve problems, help the world, create something new and important and protect our environment, requires the knowledge which the teachers, adults, and authorities try their best to give. He is addressing to the students as if they were talking together privately, and he also asks what they will do for their country, which makes the students more curious of what they are able to do. Obama uses all of the modes of appeal in great use, and has a lot of good examples in his speech. If you carefully look at the speech, you can see that he has somehow created a pattern – pathos, to get the students first, ethos, to tell and enlighten people why he is there and logos, where he uses other people as examples. This pattern goes throughout the speech several times. He encloses the speech by using pathos, where he uses family, teachers and the government as a key to a better future, because these adults are here for the students, when theyre in need. The values he wanted to tell are stated clearly in the speech. His purpose is to get the students attention and remind them, that education is very important for a better life and a better future. And that anyone is able to achieve whatever they want, if they try their hardest. It is important not to give up after only one try, instead give it more tries and practice to achieve your goals.

Sunday, November 24, 2019

Free Essays on Questioning The Rules Of Life And Poverty

Questioning the Rules of Life and Poverty The English author and early feminist Virginia Woolf said, â€Å"Every secret of a writer’s soul, every experience of his life, every quality of his mind is written large in his works.† Writer’s Nikos Kazantzakis and Frank McCourt employ this in their texts, â€Å"The Isle of Aphrodite† and â€Å"Limerick Homecoming.† These writings draw from each author’s own experiences and offer a comprehensive look into their minds, revealing their world views, as realistic as they may or may not be. It is difficult to critique these writer’s views, being everyone adjusts the ways in which they deal with life to fit their own experiences, but when looked at on a broad scale it can be said that both realistic and important views can be drawn from each author’s respective essay. In his essay, â€Å"The Isle of Aphrodite,† Kazantzakis writes of questioning rules and figuring out things for oneself. Kazantzakis begins by drawing readers into his world and thoughts as his essay unfolds with descriptive images of Cyprus, the native land of Aphrodite. The author often floats back and forth between images and ideas and in the second paragraph of his text reveals his first idea, â€Å"Thought is an effort that goes contrary to the direction of life. The lifting of the soul, the vigilance of the mind, the charge toward the heights, all are the great ancestral sins against the will of God† (Kazantzakis 439). In saying this, Kazantzakis is asking why do we think so much about everything? He believes that we spend so much time thinking and making rules that it slows down the flow of our life. Too much thought is contrary to the way God wanted people to live their lives. In the above quote Kazantzakis is actually suggesting that creating rules is sinful. As his journey continues he offers many other ideas for readers to consider about conformity in life. Kazantzakis goes on to address thoughts as forces again... Free Essays on Questioning The Rules Of Life And Poverty Free Essays on Questioning The Rules Of Life And Poverty Questioning the Rules of Life and Poverty The English author and early feminist Virginia Woolf said, â€Å"Every secret of a writer’s soul, every experience of his life, every quality of his mind is written large in his works.† Writer’s Nikos Kazantzakis and Frank McCourt employ this in their texts, â€Å"The Isle of Aphrodite† and â€Å"Limerick Homecoming.† These writings draw from each author’s own experiences and offer a comprehensive look into their minds, revealing their world views, as realistic as they may or may not be. It is difficult to critique these writer’s views, being everyone adjusts the ways in which they deal with life to fit their own experiences, but when looked at on a broad scale it can be said that both realistic and important views can be drawn from each author’s respective essay. In his essay, â€Å"The Isle of Aphrodite,† Kazantzakis writes of questioning rules and figuring out things for oneself. Kazantzakis begins by drawing readers into his world and thoughts as his essay unfolds with descriptive images of Cyprus, the native land of Aphrodite. The author often floats back and forth between images and ideas and in the second paragraph of his text reveals his first idea, â€Å"Thought is an effort that goes contrary to the direction of life. The lifting of the soul, the vigilance of the mind, the charge toward the heights, all are the great ancestral sins against the will of God† (Kazantzakis 439). In saying this, Kazantzakis is asking why do we think so much about everything? He believes that we spend so much time thinking and making rules that it slows down the flow of our life. Too much thought is contrary to the way God wanted people to live their lives. In the above quote Kazantzakis is actually suggesting that creating rules is sinful. As his journey continues he offers many other ideas for readers to consider about conformity in life. Kazantzakis goes on to address thoughts as forces again...

Thursday, November 21, 2019

Understanding of the Chinese traditional value Essay

Understanding of the Chinese traditional value - Essay Example Here, Rationale means to act based on objective truths and laws. Propriety implies suitability or appropriateness. The Chinese traditional value of harmony calls for â€Å"harmony but not uniformity.† coordinating dissimilar things to achieve an appropriate combination and thus move â€Å"from uncoordinated situation to one of coordination; from asymmetry to symmetry; and from imbalance to balance.† (Pan, pg 54) The contemporary Chinese society has put up a strong fight to ensure the maintenance of harmony between individuals and society; between nature and human beings; between communities; and between the mind and the body. This work details the Chinese traditional values with regard to parenting and goes further to compare these values with those forming the western culture. Talking about Chinese parenting, one will not miss to mention words such as strict, controlling and authoritarian. This is well established, especially, when we consider the example given by Amy Chua, a professor in law, who in the recent years candidly opened up her story of how she raised her daughters as a "Tiger Mother." A study by psychologists that sought to establish why Chinese parents were so much controlling found a strong attachment of the parent’s authoritarianism to their traditional values, particularly the one relating to obedience. Parents believe have been found to strongly influence the parenting style preferred not only in china but also in other parts of the world. Comparison between the Chinese parenting values and those of western countries, gives a wide divergence. Such is the case that these values differ not only with regard to family customs, but also the goals set for the children. Having said that lets now consider some of the values as it relates to the two worlds. Parenting style refers to a general scheme that describes how much response and control a parent directs towards his/her children. A study

Wednesday, November 20, 2019

Happiness in ancinet cultures Essay Example | Topics and Well Written Essays - 1000 words

Happiness in ancinet cultures - Essay Example This paper will seek to establish hat culture influenced happiness in the past. The ancient Egyptians struggled to live a happy life as well as eternal joy in the eternal life. They believed in life after death therefore; they had to make sure that their deeds here on earth guarantee them a next lifespan in eternity. They believed that a person, who keeps and observes the ways of the god, is guaranteed a whole life of joy and riches than all his peers. They too believed that an obedient person lives long up to old age in his own city, earning a lot of respect from other people, as well as being blessed with numerous children (Snape 29). This shows that since prosperity is associated with material wealth as well as happiness, everyone would struggle to obey culture and its beliefs. The ancient Egyptians had different gods who were responsible for different events in people’s lives. For instant, Osiris was a god of death, and would punish evil doers. This means that people would try very hard to avoid wronging their neighbors’ or the society to avoid death punishment. In return, quarrels were minimal and people lived in harmony and happiness in their villages. This kind of perception on happiness and eternity has been passed to the current generations due through kingdoms and dynasties. This means that inheritance and cultural practices have been passed from one generation to the next one because people are willing to live a longer life and continue their family lineage. The Egyptians had a positive view of life especially life after death since they invested in prestigious tombs with food and personal belongings for life after death. Marriage life was full of happiness since poetry was important and men were responsible for protecting their women as well reciting love poems for their wives. In Mesopotamia, population grew fast due to industrialization and plantation

Sunday, November 17, 2019

The McKissack and McKissack Group Inc Essay Example | Topics and Well Written Essays - 1250 words

The McKissack and McKissack Group Inc - Essay Example McKissack has worked on various civil developments, fresh water and wastewater projects and have examined hundreds of miles of pipelines. Business strategy of McKissack has always been based on long term basis. And records show that over the past 100 years, McKissack has acquired and retained hundreds of clients through their excellent business relationships and customer retention. And they have achieved this through broad management approach and forming and achieving concrete strategic objectives. McKissack is a close knitted business entity which administers each project from its seed stage to its completion, while overseeing all the operations. McKissack is always looking for projects in the market that require innovative yet pragmatic and affordable construction solutions and the reason that gives them the courage to take such bold steps is their experiencing of completing thousands of projects in the past 100 years. Teamwork, quality and commitment have always been the hallmark of their business strategy that enables them to grow as an outstanding industry. The legacy of McKissack dates back to over two centuries when Moses McKissack (a slave) became an expert builder after learning the craftsmanship from his owner William McKissack, who was among the first contractor in the US. Moses McKissack, before dying in 1865, passed on his knowledge of structure to his son Gabriel Moses, who did the same by teaching the skill to his two sons; Moses III (born 1879) and Calvin (born 1890). When Moses III believed that he was skilled enough to start his own construction business, he moved to Nashville in 1905. He received education in architecture and engineering and in a short time got commission for structuring the Carnegie Library at Fisk University, which was the first major structure designed by a black American in America. After that assignment, he got recognition which landed him many more contracts of various colleges in the South and some Middle Tennesseeâ₠¬â„¢s better-quality homes (Governor A.H. Robert’s mansion was among them). In 1912, Calvin and Moses were the first individuals who were registered under the new licensing law with the State of Tennessee. The McKissack brothers did not stop there and proceeded to make Tennessee’s first black designing and building firm in 1922. They received national recognition when the US Government paid them $5.7 million to construct an air base at Tuskegee in Alabama. To this day, this contract remains the largest construction contract given to a black firm by the federal government. Moses McKissack had six sons who went into education, architecture, construction and law. Moses was invited to the Whitehouse to discuss the issue of national housing problem because of his expertise in architecture and construction in housing projects. This occurred during the reign of President Franklin Roosevelt. Calvin became the president of the McKissack firm after the death of his brother Moses who was succeeded by Moses’ son, Williams in 1968. McKissack flourished under the leadership of Williams who held on to the innovative ideas of his father and brought much praise to McKissack’s design and construction. Williams retired in 1983 and his wife took over the firm as Chief Executive Officer. Since then, she has brought

Friday, November 15, 2019

The Corporate Rationale Of The Virgin Group Marketing Essay

The Corporate Rationale Of The Virgin Group Marketing Essay Richard Branson,founder of Virgin and is considered to be the single most important ingredient to all the successes that has been reaped.This case study examines the Virgin Group corporate strategy and it identities the relationships within the Virgin Group.Virgines value adding activities and qualities are discussed.The Virgin Group is comprised of many different assorted mixes of businesses. The Virgin Group is diversified into 200 businesses and it has a finger in every pie. Looking at the case the overall corporate rationale is simply a projection of Richards own philosophy and his personal persona that is revered and became respected by the public.Richards high profile allowed the Virgin brand name to be the far most important asset to the company. All the businesses in the Virgin Group are strategically targeted towards a five pillar empire that Richard created. These pillars are travel, leisure, moblie phones, entertainment, retailing and personal finance. All the businesss within the empire all the managers to have freedom to make decisions independently for growth and allows them to feel the same degree of ownership and values. Richard Branson, founder of Virgin in 1970 is in the authors opinion the single most important reason to all the success that has been reaped up-to-date. The corporate rationale is simply a projection of Richard Brandons own personal philosophy, which he has introduced into the structure of corporate rational. The Virgin Group is comprised with many assorted mix of businesses.(Rob Abdul, 30/01/02) Corporate rationale is the way in which a corporate parent envisages the way that it can add value to its strategic business units. The Virgin Groups rationale is to diversity into as many markets feasible, and extend the Virgin brand name further at a low cost; where stature could be relied upon to reduce barriers to entry into static markets. The following will be discussed below. The Virgin Groups rationale is to diversify into as many markets that are feasible. They want to extend the Virgin brand name further at a low cost where stature could be relied upon to help reduce the barriers for entry into a static market. The Virgin Group looks for a challenge in every venture and aims to providing better quality products than the competitors do. The Virgin Group aims at entering a market that is still in the growth phase. (Rob Abdul, 30/01/02) The Virgin Group sees itself as a restructurer, this means that it has low central costs due to relatively small corporate centre, with fairly minimal involvement at business level. However they vary from the portfolio managers because they also set about trying to identify restructuring opportunities within their businesses and have the skills and expertise in order to intervene and introduce these changes where necessary. ( Jenn,2008) The Virgin Group has a wide range of strategic business units about two hundred ranging from airways to drinks, and makeup to publishing. Virgins corporate rationale is that they try to enter static market, in which there are few competitors and where consumers do not get value for money.The Virgin Group enters these markets that are still in the growth stage and to try and shake them up, for example they did this with Virgin Airways and Virgin Cola. By entering the market that is still in its growth stage and has few competitors Virgin managed to produce the product or service for a slightly lower price than all other competitors within the market then they should , along with their strong Virgin brand name. Virgin Group gained a big market share fairly quickly because they had lower prices than everyone else. This is a good way in which to enter a market because it surprises the other competitors who may have become too comfortable in this monopolistic market, and has a potentially huge initial gain. Using the surprise tactic ensures that the other market leaders will not expected your move and result in a slow response , for example when Virgin entered the airways market, the British Airways had not anticipated them as competition and so were not prepared to be able to cut costs and compete. So Virgin Airways gained a big share of the market very quickly. Excellent management practices has also been refer to as a major strength of this group, and is there for one of the most significant components of its corporate rationale. The Virgin Group corporate rationale was also diversify into as many markets that were feasible and extend the Virgin brand name at a low cost. The Virgin Group looked for a challenge in every venture and aimed at providing better quality products to their customers and better than their competitors. The Virgin Group corporate rationale was to sacrifice their short-term profits in order to gain a longer-term growth and therefore they used an independent business level decision making method. This corporate rationale allows the managers to make decisions independently for growth and feel the same degree ownership and values that any other manager would feel in the Virgin Group. (Rob Abdul,30/01/02) Virgins rationale for expansion was based on fierce external diversification strategy and Richards constant need to be creative in his approaches to new challenges. For Richard the brand is very important and is an asset. The ultimate objective is to have an established global name and therefore the Virgin Group needs to have a number of core businesses with global potential, with expansion this can be achieved. . Are there any relationships of a strategic nature between the businesses within the Virgin Group? The Virgin Group is formed by various strategic business units (SBU). A strategic business unit is a part of an organization for which there is a distinct external market for goods or services that is different from another SBU. (Rob Abdul, 30/01/02) Basically, there are 56 strategic business units in the Virgin Group. For example, there are Virgin Travel and Virgin Trading in the Virgin Group. As previously mentioned all the businesses in the Virgin Group are strategically targeted towards a five pillar empire system that Richard created. At the heart of Virgins core strategy is to develop the five pillars of the business empire which includes travel, leisure, mobile phones, and entertainment, retailing and personal finances. Looking at the diagram below it shows that all the ventures have the same brand name. The Virgin Group Figure 1, The Virgin Group As this diagram shows that the brand name is the main strategic relationship and this creates a strong acknowledgement from customers. Giving a venture the name Virgin sends out a message to the customers. The brand is associated with the words fun, innovative and daring. This can result in transfers of all marketing and promotional activities up to the present for the specific venture respectively. (Rob Abdul, 30/01/02) The Virgin Travel consists of Virgin Atlantic, Virgin Holidays, Virgin Aviation and Virgin Balloon. The Virgin Trading consists of Virgin Megastores, Virgin Enterprises, Virgin Clubs and Virgin Cosmetics. Several strategic relationships exist within the Virgin Group. One of the most recent of these strategic relationships involves it offer to customers of digital and mobile phone services as well as broadband internet service. Virgin Digital UK offers digital music to a wide variety of customers in mediums that are compatible with a wide range of software and digital hardware. The company boasts a high preparation for this market as it has deep roots in the music industry, beginning with its record company Virgin Records, because of Virgins Records previous ownership and rights to many music tracks the company has benefited by it having already at its disposal thousands of tracks to make available to the public (Baker Capital, 2005) This is the partnership involved with the mobile phone service company under the Virgin Label. Downloading music to mobile phones is an advantage that can be offered to Virgin mobile customers as an incentive to subscribe or switch to Virgin mobile service providers. This is also an advantage for the Virgin broadband provider, as it allows the Group to further integrate its digital services to include internet service and offer such packages and exclusive deals that have the potential to draw even more customers. (Marivic Butod, 2007) Another strategic relationship exists among the Virgin transportation companies. The Group of airlines (Virgin Atlantic, Virgin Galactic) have the distinction of offering the lowest fares for packages in the Atlantic and other parts of the world. The ability to offer flights to and from more unknown and less-travelled destinations is granted to Virgin because of partnership between and among the virgin airline companies of the different regions. Furthermore, the benefit is extended by the existence of a partnership with Virgin Rail that offers extended service via railway farther into more unreachable regions of the European continent. The Virgin Group tries to create and grow relationships with directors, managers and pilots within Virgin Galactic and all the business in the Virgin Group strategically targeted towards travel, leisure, mobile phones, entertainment retailing and personal finance. All the businesses within the Virgin Empire allow the managers to make decisions independently and this allows them to feel the same degree of ownership and values that any other manager. Businesses were ring-fenced in order for the assets not to be switched between companies in the Virgin Group and if any company became too large another company would be put in its place. The name Virgin became synonymous with Richard Bransons name and this key psychological strategy helps with marketing and promotions because this at the end of the day helps them expand and get well known. Therefore many businesses outside the Virgin Group have shown their interest though joint ventures as the Virgin brand name is becoming well known. Does the Virgin Group, as a corporate parent, add value to its businesses? If so how? Corporate parenting places collective responsibility on local authorities to achieve good parenting for all children in their care. It requires ownership and leadership at a senior level, this includes all elected members. They make sure all councillors in your council understand their corporate parenting responsibilities and are committed to fulfilling them. (Marivic Butod, 2007) The Virgin Group as a corporate parent values all its businesses. The Virgin Group achieves value by understanding the institutionalised markets. The Virgins management team has done a good job in identifying satisfaction in the market. The management team expertise and experience matched with the strategy allows the company to offer more for less. The Virgin group also added value to its businesses with the brand name and used the brand name to help overcome barriers to entry. The Virgin brand name is a consumers supporter and as mention before the brand is much respected with the British public. The Virgin Group at a corporate parent also helps with limiting the risks for the other businesses joining in the joint venture. Any company, corporation or organisation that is in a joint venture with the Virgin Group had the benefits of limiting the risks associated in the market place. The other value that the Virgin Group contributes as a corporate parent is that they do not restrict the management teams. The Virgin Group has a flat management structure which helps encourage innovation, flexibility and it can help promote the values of shared ownership and responsibilities. (Rob Abdul, 30/01/02) The Virgin Group ensures that innovation is amongst the staff members and helps ensure that the individuals are successful in their careers. The Virgin Group acquires partners that have the same mind set for the venture and they ensure that they match their ability to be innovative and create differentiation for their particular company. These innovative thoughts and ideas are then applied directly into the business and therefore helping it to be successful. Virgin Mobile is an example of this innovation as it formulated a partnership with the existing telecommunications operators to retail in mobile services. The virgin Group and their management team were successful at identifying that the agreement was in the handling of the network management. Due to their innovation of their joint ventures and networking it promoted a unique service to the market. Virgin as a corporate parent added workable value as well to its businesses by investing and developing the employees and real expertise. With all the joint ventures that the Virgin Group have made they did indeed limit some risks but they also contradicted some signals to the customers by having so many businesses and if the one performed badly the other separate businesses with the brand name stand a chance on been labelled as the same. (Rob Abdul, 30/01/02) In a sense the Virgin Group is a community, every Small Business Unit in it share ideas, values, interests, goals, and the most important, they share the same brand. Therefore the Virgin Group as a corporate parent have set standards and helped the businesses know exactly how to create value to the customers and how to ensure that the brand name is upheld. The Virgin Group as a corporate parent does value to its businesses and has achieved it though understanding the institutionalised markets, using the Virgin band name to overcome barriers to entry, it limited risks by going into joint ventures with different companies, it does not restrict the management team and the Virgin Group shows innovation. Virgins management team have been doing very well when it comes to identifying a market that is still in its growth stage and markets with very little competitors. It is this expertise and experience that is coupled with the strategy to offer more to the customers for less and it has helped the Virgin Group plough though complacent business industries. As a corporate parent virgins brand name has helped to overcome barriers to entry. The fact the brand name is well established and accepted by the public it has helped with getting into certain markets and to expand into areas where the Virgin Group believes it can make a difference and offering something different to the consumers and a good price. Virgin has limited the risks by going into joint ventures and any company that goes into a joint venture with Virgin also benefits the limitations of risks in the market place. As a corporate parent it helps the new venture as one have limited risks as it is under a well known brand of standards and low cost. It also encourages the management teams to be independent and make choices that will better the growth of the company. Virgins corporate rationale to innovation allows the staff members to be successful in their careers. The Groups acquires partners that think alike and that match their abilities to innovation and differentiation. This should then be applied to the whole business. For example Virgin Mobile formulated a partnership with existing telecommunications operators to retail in the mobile services. This innovation leads them to promote unique services and better offers to the customers. What are the main issues facing the Virgin Group and how should they be tackled? The Virgin group of companies was faced with two main issues. In the short term was the groups financial situation. A number of Virgins businesses were experiencing substantial negative cash flows. Despite plans to generate funds this still left poorly performing companies such as Virgin Express, Virgin Megastores, and Virgin Money, where offloading Bransons equity stakes would prove more difficult. Looking at virgin Atlantic which is an airline industry it indicates that the Virgin Group relied on this airline to make the profits and when deregulation increased the competition within the market place caused Virgin Atlantic to make some Losses. According to the Virgin Rail the biggest problem that they face is that the uses of this form of transport is voted as the unpopular rail operator and the fact that Virgins rail statistics were ranked low. Virgin Groups brand name was slowly chipped away by the press due to their reputation of the rail transport. The Virgin Group, been a larger empire, faces publicity blindly due to the fact if things were going right all is good, but then all it takes is a handful of businesses in the empire to either experience unavoidable consequences. Virgin Atlantic is an example of this as when there was bad services provided and with the bad publicity of the Virgin Rail it caused a disastrous effect opn the other areas within the empire. (Marivic Butod, 2007) Virgin name became diluted and doing analysis of the environment must be learned and that is what they did after these events occurred. The public is sensitive and as a corporate parent Virgin can add value to its businesses by investing and developing real expertise. Therefore Virgin should change its policy to accommodate both independent and joint ventures to rely on short term profits. The main issues facing the Virgin Group is Virgin Atlantic and virgin Rail. Virgin Atlantic is the airline industry and like any other industry it id cyclic. This proved to be dangerous in 2001 because the Virgin Group seemed to rely entirely on the profits of Virgin Atlantic. To make matters worse deregulations increased the competition in the market place and this caused all most competitors were experiencing losses. The biggest problem faced by the Virgin Group though was the strategic Rail Authority review in 2000 because it was the most public. Virgin Rail was voted as the unpopular rail operator and it was ranked 23rd and 24th out of 25 operators. This was a major issue as it damaged a part of the Virgin reputation. That was not bad until the press slowly chipped at the company. (Marivic Butod, 2007) CONCLUSION: The key emphasis on this case was innovation and differentiation. The aim was to offer more for less and that each company was truly a Virgin in its own field. Although to some this notion may seem a bit too good to be true, yet no one can deny that the virgin group is one of the UKs largest private companies. Success was the result of Richard Bransons philosophy and approach in his company. By using effective leadership, giving motivation, employing effective communication, interaction, job redesign, building trust and respect, it is very clear that the company has been performing well in various industries that it manages. The main aspirations of the Virgin Group of the companys key stakeholders is to continue expanding operations and various international business locations, new kind of business ventures and to enhance the reputation of the brand. Virgins marketing is customer focused and is apparent that every major and minor decisions and plans created are based on the result of researches conducted and founded on the customers. Furthermore the services and products are something better and more valuable. Virgin bases its pricing strategy on several key trends that shape the global marketplace.

Tuesday, November 12, 2019

Case Study †Catfish Dispute

â€Å"The Vietnamese catfish importers are enjoying the fruits of our work,† This was the main discontent of the domestic (US) catfish industry. Undoubtedly, the catfish farmers had put a lot of effort in improving the aquaculture technology to raise the catfish with better quality; thus, raised the demand of domestic market. At the same time, they had invested about US$50 million in the industry’s marketing. When catfish became the third favorite seafood of the American, leading to a total consumption of 275 million kilograms in 2000, it inevitably attracted people to get in the market.However, based on the fact that the US Congress had approved the U. S. -Vietnam Bilateral Trade Agreement (BTA) with a reduction in tariff, it was the right for American importers to start the new business – importing Vietnamese catfish. The agreement was approved by the Congress due to the important reason: the trade benefits. To capture these benefits, they had to undertake the possible risks. Indeed, it was a fair game played by both parties. From the article, it was clear that one of the sources of discontent from domestic farmers was the quality considerations difference between the American-grew and Vietnam-grew catfish.The quality of US catfish is justified by the inspection of 17 federal agencies and can meet the standard of the Catfish Institute of America, whereas the Vietnamese catfish only need to pass the Food and Drug Administration’s approval. This preferential practice should not sustain. The authority should consider standardize the quality requirement of both places’ catfish, for example, make it compulsory for Vietnamese catfish products to undergo the same inspections as the US catfish. Or at least, ask for proof of quality issued by Vietnamese government for all imported catfish.

Sunday, November 10, 2019

Factors Affecting Women Shoppers Essay

Ministry of Women, Family and Community Development 3. 3 2013 Budget Presentation Speech by Malaysia Prime Minister. 3. 4 The Household Use of Internet Survey,2005 by Malaysian Communications and Multimedia Commisions. | | | | | CHAPTER 1 INTRODUCTION 1. 1Background of the Study The usage of Internet has grown rapidly over the past years and it has become a common means for delivering and trading information, services and goods. Nowadays, internet is not only a networking media, but it is also used as a means of transaction for consumers at global market. Women contribute the large number of Malaysia’s population. Major contribution of women to the nation always been recognized. With the increasing number of career women in Malaysia contribute further enhance of the purchasing power among women buyers. The existence of telecommunications equipment such as smart phones and tablets are not limiting time and place for them to be online. The roles of a shopper’s personal attitudes have been widely acknowledged in consumer decision-making and behavioral intentions (Wu, 2003). In particular, attitude serves as the bridge between consumers’ characteristics and the consumption that satisfies their needs (Armstrong & Kotler, 2003). Moreover, consumers’ characteristics, such as personality, as well as demographic and perception on online shopping benefits, have also been found to influence their online shopping behavior (Cheung & Lee, 2003). Thus, identifying the relative importance of each determinant of choice towards a given action could be a useful step in understanding such behavior occurs. The main aim of this study is to investigate purchasing intention of women shopper at Universiti Malaysia Pahang (UMP), with a particular emphasis on understanding and evaluating the factors which directly or indirectly influence their purchasing intentions by measuring the attitude towards online shopping. 1. 2Problem Statement Online shopping in Malaysia is a new technology breakthrough since it has just begun to assault the Malaysia retailing sector with the online shopping services (Haque et al. 2006). In order to increase online shopping in Malaysia, understanding consumer online shopping behavior and factors affecting this behavior when shopping online should be given priority. With the expansion of career women in Malaysia, women shoppers become one of the important market segments or two reasons; first, this group has money and shopping interest. According to Statistics on Women, Family and Community 2011, shows that number of female employed increased from 2000 until 2010. It shows that women in Malaysia have purchasing power (See Appendix 3. ). Second, this segment of the population has the potential of earning a greater income than other segments of the population. It will be great significance to find out the factors which influence women shoppers’ intention to shop online if we want to expand group of online buyers and the volume of e-commerce. According to to Statistics on Women, Family and Community 2011, Number of female enrollment in University is higher than ma le and the number keep increasing. In 2001, number of male enrollment student in University is 103,747 and female 142,242. In 2010, Number of male enrollment in University is 184,457 and female 278,323 (See Appendix 3. 2). The differences of student become bigger each year. The higher of education background can contribute to higher income in the future. Third, growth of online business keeps increasing. Recently, during the 2013 budget presentation by our Prime Minister has stated that; the Malaysia Government aware women not only important in a family, but also contribute to the development to the national economy. The government allocated 50 million to support women’s role. One of them is, Get Malaysia Business Online Program (GMBO) introduced to help 50 thousand small entrepreneurs, especially women to increase their online sales. Grants of thousand Ringgit Malaysia through the provision of 50 million Ringgit Malaysia by the Malaysian Communications and Multimedia Commission (MCMC) (See Appendix 3. 3). A mid-2005 survey by the Malaysian Communication and Multimedia Corporation (MCMC), only 9. 3% of Internet users had purchased products or services through the Internet during the preceding three months. Among those who did so, airline tickets were the most popular items (43. %) followed by books (15. 6%) and music (6. 8%). Amounts spent on these items were small, however, with 57. 7% of transactions worth less than M$500. Moreover, it is expected Malaysian online sales will increase every year at a high growth (See Appendix 3. 4). Opportunities of online shopping can be restricted by internal and external constraints on behavior. It is important in expl aining human behavior since an individual who has the intention of accomplishing a certain action may be unable to do so because her environment prevents the act from being performed. Moreover, there are some barriers which have contributed to the unwillingness of Malaysians to shop online because they afraid their personal information will be stole or misused by others. Despite the high potential of online shopping in Malaysia, there is still lack of understanding concerning the online shopping and its impact on marketing. Consequently a framework is needed to structure the complex system of effects of these different factors, and develop an in-depth understanding of consumers’ attitudes toward internet shopping and their intentions to shop online. 1. Objectives of the Research The objectives of this study are; 1. To determine women shoppers’ shopping attitudes towards website design. 2. To determine women shoppers’ shopping attitudes towards reliability of online retailer. 3. To determine women shoppers’ shopping attitudes towards online shopping customer service. 4. To determine women shoppers’ shopping attitudes towards trust on online retailer. 1. 4Scope of Study Literature Review Factors influencing online shopping intention toward online shopping have been researched and documented in the context of traditional consumer literature. A review of empirical studies in this area shows that the theories of Reasoned Action (Ajzen & Fishbein, 1975) and Acceptance Model (Davis, 1989) are among the most popular theories used to explain online shopping behavior. Therefore the theoretical framework f this study is based in these theories. Online Shopping Perceived Benefit Perceived benefits are advantageous results derived from attributes. The benefit can be physiological, psychological, sociological, or material in nature. Within the online shopping context, the consumers’ perceived benefits are the sum of online shopping advantages or satisfactions that meet their needs or wants. There are many differences between a physical store and its electronic counterpart. Most of the previous online shopping research has focused on identifying the attributes of online stores that promote success (Davis, 1989; Liu & Arnett, 2000). Previous studies of online shopping have established two categories of benefits; intrinsic and extrinsic. Both are important in customers’ selections to patronize the online stores. Extrinsic benefits include features such as wide selection of products, competitive pricing, easy access to information and low search costs. Intrinsic benefits include features such as design and color. Research Framework The key components of the research framework for consumer attitude towards online shopping can be seen in Figure 1. Website Design| | Online Shopping| Reliability| | | Customer Service| | | Trust| | | Hypotheses: A series of testable hypotheses were developed from the proposed research model, as shown below: Hypothesis 1: There is a significant relationship between web site design and online shopping. Hypothesis 2: There is a significant relationship between reliability of online retailer and online shopping. Hypothesis 3: There is a significant relationship between customer service and online shopping. Hypothesis 4: There is a significant relationship between trust on online retailer and online shopping. In general, base on the hypotheses, the research framework will be focusing on four factors as independent variables and propensity to shop online will be the dependent variable. . e. for the hypothesis 1, 2, 3 and 4 which are focusing on Web Site Design, Reliability, Customer Service, and Trust, it is hypothesize that there should be a positive relationship that would likely to influence the online shopping. Research Methodology To undertake this project, two types of data will be gathered. i. Secondary data This type of data will be used extensively in literature review to provide the framework of this study. Textbook, journals and internet shopping reports will be the sources of this desk research. ii. Primary data This type of data will be the main instrument used in evaluating the factors affecting women shoppers’ online shopping attitude and purchase intention. The process of gaining this input is discussed next. In doing so, the rest of this section organized into four main areas; the research design, the target population and the sample size, methods for data collection, and data analysis and interpretation. The research design In getting the shoppers data, I choose to employ descriptive research over exploratory or causal research. This type of research is suitable when a study intends to produce accurate description of variables relent to the decision being faced, without demonstrating that some relationship exists between variables. This description fits well with the objectives of this study. In addition, a cross sectional studies is elected over longitudinal studies. The former allow the researchers to assess to a larger number of customers, thus enabling them to produce a more representative data. Through this method, data is typically cross tabulated against each other to answer specific issues. This kind of data is meaningful to companies that appeal to many segments of the markets such as internet shopping. The target population and the sample size In line with the scope of the project, the population refers to the female employee of Universiti Malaysia Pahang (UMP). To further define the population, this study will only examine the behavior of women shoppers in the age bracket 20 to 55 years old. The sample elements will be chosen using systematic sampling. Within this pool of shoppers, a sample of 200 shoppers will be selected. This sample size is considered appropriate. Roscoe (1975) for instance stated ‘samples sizes larger than 30 and less than 500 samples are the appropriate for most research. Likewise, Sekaran (1994) agrees that 500 samples are the appropriate upper limit for the sample size. Methods for data collection Since cross sectional study has been chosen for this study, data will be collected through questioning. Using this method, the respondents will be identified systematically and to aid questioning the shoppers, a set of questionnaire will be designed. The questionnaires will be distributed through online and respondents will be invites through UMP Portal.

Friday, November 8, 2019

The Kite Runner by Khaled Hosseini Research Paper Example

The Kite Runner by Khaled Hosseini Research Paper Example The Kite Runner by Khaled Hosseini Paper The Kite Runner by Khaled Hosseini Paper Essay Topic: The Kite Runner Afghanistan was once a place of beauty and enjoyment however since the Taliban new laws have been enforced, the country is slowly degrading. Using the codes and convention for non-print, print, non-fiction and fiction; to analysis how different texts manipulate similar issues to produce a similar message. All three of these texts, The Kite Runner by khaled Hosseini, Beneath the Veil by Saira Shah and â€Å"Execution of a teenage girl† from 4 Corners, all explore the main ideas of an Afghanistan life from different perspectives. Undoubtedly, these texts manipulate the specific aspects of their own genres in order to influence the audience response. Imagine having no freedom to go for a walk down the street or yet even leave your own home. This is the oppression of human rights for women, since the Taliban regime was introduced into Afghanistan women are now unable to look after themselves and have no independents. Women are seen as a lower class against men, this is an unjust society and every woman in the western world would be horrified if this was law in their country. The Kite Runner is a male dominated novel about the male’s role in an Afghanistan society, the lack of input of women in this novel reinforces the lack of women’s rights. Soraya raises the issue of oppression through her conflicting past. Although she knows now that her actions in Virginia were wrong, she wishes that this event was not going to haunt her for the rest of her life. Nevertheless Soraya’s character is strengthened by her own miss-actions. Through this text Soraya demonstrates a strong belief that the oppression of females is still occurrence in the Afghan community. Their sons go out to night clubs looking for meat and get their girlfriends†¦ Oh, they’re jut men having fun! I make one mistake†¦ and I have my face rubbed in it for the rest of my life. † This quote from Soraya highlights the stereotype that the Afghanistan community has against the women in Afghanistan however the men can go on rampages and no one in the Afghanis tan community will shake their heads in disproval. The Women’s Group of Afghanistan shows the daily routine of a woman life in Beneath the Veil. The title notifies the audience of how the women must hide themselves living beneath a veil. The audience is shown the oppression of woman right when Saira Shah goes undercover. Doing this puts her self in great danger as now she is posing as an Afghani woman, not a foreign journalist. One of the many places the Revolutionary Group of the Women of Afghanistan (R. A. W. A) takes Saira Shah to is a secret local hidden from the Taliban. This is a school for girls, that is run by a female teacher that was banned from working once the Taliban regime was imposed. The running of this class is incredibly risky as quoted by the head female teacher â€Å"If they find out that were running a course here, they could hang us all†. This quote re-enforces the oppression of the females of Afghanistan as it tell the audience that girls over twelve are barred from going to school. Giving girls no education so that mean are seen as more upper class because they know how to read and write were female are not taught to keep the feeling of women a lower class minority group. With reference to the title â€Å"Execution of a teenage girl† the author creates an image of pain and death, by allowing the audience to picture a young girl getting executed. This also makes the audience think what her family and relatives were going through and if this unfortunate event ever happen in their own family how would they react. With using â€Å"girl† in the title it shows the western world the views of the Taliban against females. The using of this word singles out a population in Afghanistan that virtually have no rights at all. In most cases and in this particular case, a female was executed for sex outside marriage or adultery. However in these crimes two people have to play a part in this crime. Conversely it continuously seems that the male will constantly get a lighter punishment. As revealed in â€Å"Execution of a teenage girl† the teenage girl was humiliated then hung were the man only was received eighty lashes. Just from the title of this article the audience can raise many questions. Towards whether their own opinions on the article would be true or false. The imagery that 4 Corners has produced in this text really forces the audience to visualise the traumatic event that unfold on the teenage girl. An extract from the article quotes â€Å"a teenage girl was dragged through the town square† to her final destination before the ending of her life. In the minds of the audience it creates a dreadful scene of pain and anger, and immediately images flow into the audience of skin scrapping against the ground, the screeching screams from the young girl and the oblivious faces of the onlookers. This illustrates to the audience the oppression of female rights by the humility of the ‘dragging’ which presents the audience to feeling that this young teenage girl is unworthy of being in her own country or on earth at all. The western audience has a certain stereotypy of the Taliban, with authors knowing this fact the texts have been manipulated for the audience response to the text by using various techniques to enhance the audience view on the Afghanistan culture, mostly highlighting the negative aspects of the Taliban. â€Å"We just wanted to show how much misery the Taliban policies are causing the Afghan people. Now the same policies have caused misery to the entire world†. Is how Saira Shah opens her documentary, a bold statement of the vast effect the Taliban has had on Afghanistan and the world. The first opening footage of Beneath the Veil is manipulated to shock and disgust the audience. The audience is shown in slow motion the execution that is taking place on a soccer field during halftime. The manipulation of the camera is what gives the opening its desired effect. The slow motion of the execution creates suspense as the audience knows what the end result will be; however stay in tune with the documentary until it blacks out at the climax of the shot. Leaving the audience curious about the actions she has committed to deserve such an act of humility against her. On every occasion that the Taliban is shown in this documentary in a negative way, hidden cameras have to be utilized as for the use of cameras around Taliban is forbidden. The applications of a hidden camera depict to the audience the risk of filming such an event and suggest to the audience that the control the Taliban has over its own country. This is why the Taliban has forced the preventing any evidence of the inhumane practices been shown to the rest of the world. Saira Shah, shows the emotion to draw her audience into the terror of the Taliban. The act of her using children in her documentary exemplifies her point of the Taliban’s destruction. Children are represented as innocence and pure so when quotes are used from actual children it makes the audience empathise and feel sympathy towards the children who cannot control the day to day occurrences. This text makes the audience visual the painful and suffering of children by the by the vast number of children that share the same or similar traumatic events. The gruesome execution of a teenage girl provides the audience with an insight into how corrupt and stern the Taliban regime has become. The author of â€Å"Execution of a Teenage Girl† uses emotive language to position the audience into thinking negatively towards the Taliban. It is described to the audience that those who knew Atefah Sahaaleh knew has as normal but needy teenager who had suffered a lot of tragedy in her life and was just looking for some one to love her. Which brings sorrow to the audience because the author positions the girl as being innocent and suffering for her loses, though this girl would know that she has obviously broken laws which the Taliban have enforced. This is enlighten to the audience by the author suggesting that the fifty year old was the one to persuade the young girl into a relationship by giving the audience the feeling that this preyed on young girls such as Atefah Sahaaleh. This makes the Taliban unjust to the sentencing of this young girl to deaf because the man was the predator and was the one to start the relationship. Afghanistan is describes in The Kite Runner as a beautiful place in Amir’s eyes from a young age. However since the Amir and Baba left for America the Taliban had already started to destroy the natural beauty of Afghanistan. The author depicts this change in the setting of Afghanistan to show the audience the negative result of the Taliban taking over power. Towards the end of the book Amir tells his driver that â€Å"I feel like a stranger in my own country† this creates a picture in the audience’s mind of the drastic measures the Taliban has taken to over rule a country, that someone who grew but in Afghanistan and lived there for around eighteen years cannot recognize many parts of his old country. This has a negative effect on the audience as this feeling of losing something precious to yourself; most of the audience could relate to losing precious item or memory. This in turn makes the audience angry at the actions of the Taliban. Since the Taliban have taken over Afghanistan this country has started to fall. The new laws that have been in placed are over all barbaric. There is no wonder why the western world see the Taliban as a stringent authoritarian group at causes misery at every coner they turn. In the western world every person has the right for the opportunity to go to school, get their first job and be free and independent. This is an opportunity missed by most Afghan women and it breaks the audience hearts to see some of the mistreating and the humility of the women of Afghanistan.

Wednesday, November 6, 2019

A Short History of Microsoft

A Short History of Microsoft Microsoft Corp. is an American technology company headquartered in Redmond, Washington, that supports the invention, manufacturing, and licensing of goods and services related to computing. It was registered in New Mexico in 1976 after being formed the year before by two childhood friends. Two Computer Geeks Before Paul Allen and Bill Gates co-founded Microsoft, they were avid computer geeks in an age when access to computers was hard to come by. Allen and Gates skipped high school classes to live and breathe in their schools computer room. Eventually, they hacked the schools computer and were caught, but instead of being expelled, they was offered unlimited computer time in exchange for helping to improve the school computers performance. Gates and Allen ran their own small company, called Traf-O-Data, while in high school and sold a computer to the city of Seattle for counting city traffic. Chesnot / Getty Images Bill Gates, Harvard Dropout In 1973, Gates left Seattle to attend Harvard University as a pre-law student. However, Gates first love never left him  as he spent most of his time in Harvards computer center, where he kept improving his programming skills. Soon Allen moved to Boston as well, working as a programmer and pressuring Gates to quit Harvard so they could work full time together on their projects. Gates was uncertain of what to do, but fate stepped in. The Birth of Microsoft In January 1975, Allen read an article in Popular Electronics magazine about the Altair 8800 microcomputer and showed it to Gates. Gates called MITS, makers of the Altair, and offered his and Allens services to write a version of the new BASIC programming language for the Altair. After eight weeks, Allen and Gates demonstrated their program to MITS, which agreed to distribute and market the product under the name of Altair BASIC. The Altair deal inspired Gates and Allen to form their own software company. Microsoft was started on April 4, 1975, in Albuquerque, New Mexico, the home of MITS, with Gates as the first CEO. Where the Name Microsoft Came From On July 29, 1975, Gates used the name Micro-Soft, which had been suggested by Allen, in a letter to Allen referring to their partnership. The name, a portmanteau of microcomputer and software, was registered with the New Mexico secretary of state on Nov. 26, 1976. In August 1977, the company opened its first international office in Japan, called ASCII Microsoft. In 1979, the company moved to Bellevue, Washington, and two years later incorporated there under the name Microsoft Inc. Gates was president of the company and chairman of the board and Allen was executive vice president. History of Microsoft Products MicrosoftOperating Systems An operating system is a fundamental software that allows a computer to operate. As a newly formed company, Microsofts first operating system product to be publicly released was a version of Unix called Xenix, released in 1980. Xenix was later used as the basis for Microsofts first word processor, called Multi-Tool Word, a predecessor to Microsoft Word. Microsofts first wildly successful operating system was MS-DOS or Microsoft Disk Operating System, which Microsoft wrote for IBM in 1981 based on computer programmer Tim Patersons QDOS. In the deal of the century, Gates licensed MS-DOS to IBM but retained rights to the software. Gates made a fortune for Microsoft, which had become a major soft vendor. Microsoft Mouse Microsofts mouse was released on May 2, 1983. Windows Also in 1983, Microsofts crowning achievement was released. The  Microsoft Windows operating system had a novel graphical user interface and a multitasking environment for IBM computers. In 1986, the company went public, and Gates became a billionaire at 31. Microsoft Office 1989 marked the release of Microsoft Office, a software package that, as the name describes, is a collection of programs for use in an office. It includes a word processor, spreadsheet, mail program, business presentation software, and more. Internet Explorer In August 1995, Microsoft released Windows 95, which included technologies for connecting to the Internet, such as built-in support for dial-up networking, TCP/IP (Transmission Control Protocol/Internet Protocol), and the web browser Internet Explorer 1.0. Xbox In 2001, Microsoft introduced its first gaming unit, the Xbox system. Xbox faced stiff competition from Sonys PlayStation, and eventually Microsoft discontinued the original Xbox in favor of later versions. In 2005, Microsoft released the Xbox 360 gaming console, which was a success. Microsoft Surface In 2012, Microsoft made its first foray into the computing hardware market with the announcement of Surface tablets that ran Windows RT and Windows 8 Pro. Sources: https://www.history.com/this-day-in-history/microsoft-founded https://www.digitaltrends.com/gaming/the-history-of-the-xbox/ https://www.geekwire.com/2017/bill-gates-paul-allen-business-microsoft-engineer-partner/

Sunday, November 3, 2019

The process of consolidation Lab Report Example | Topics and Well Written Essays - 1000 words

The process of consolidation - Lab Report Example The hydrostatic pressure therein becomes gradually dissipated thereby shifting the load to the soil solid thereby triggering a decrease in volume of the soil mass. It is worth noting that the rate at which water escapes is dependent on the permeability the of the soil in question. In which case, the escape of the pore water as the result of longtime static load makes up consolidation.  Consolidation test is usually carried engineers in the design of engineered structures and performance evaluation of a structure. Consolidation test yield results which are useful in estimating the magnitude of primary and secondary consolidation settlement of a given structure. Apparatus  Ã¢â‚¬ ¢ 1 bench, 3 sample cells of soil,  Ã¢â‚¬ ¢ 3 dial gauges which can be either analog or digital,  Ã¢â‚¬ ¢ 1 weight set. The soil sample was cut from a big soil block using a rigid confining ring with a sharp edge. Excess soil from the process was sliced away to leave a sample with a diameter to height r atio of at least three. Porous stones were placed on the top and bottom of the soil sample in order to give way for drainage. A stiff loading cap was placed on top of the upper porous stone followed by placing the set up on in a loading frame.   The load was imposed on the frame by positioning different weights on the loading frame. Measurement of soil sample compression over time was recorded by looking at the dial indicator. The deflection value data was used to measure the point at which the soil sample reached the primary consolidation end.

Friday, November 1, 2019

Quantitative Analysis for Finance Essay Example | Topics and Well Written Essays - 1000 words

Quantitative Analysis for Finance - Essay Example b) The variable TOTREVFRAN has been computed according to its definition specified and being included in the adjoining .sav file. The scatter diagram associated with the trend that the variable takes over time has been depicted in the graph below. c) Financial data computed at current time implies those which are not corrected for the rate of inflation, in contrast to real data which indeed are corrected for inflation, prevailing at a certain base year. The real variable REALREVFRAN has been computed by correcting TOTREVFRAN for inflation with the base year 2005 (= 100). The formula being used is, d) The variable TRADEUKFRAN, aiming to figure out openness to trade of UK towards France, has been computed in the adjoining .sav file by means of the method being specified. Hence, the method of calculation involved is, e) The Harmonised Index of Consumer Price is a method of figuring out the extent of inflation and prevailing in an economy. It is commonly used by the European Central Bank to calculate the degree of price stability of the entire European Union. The method of computation is through estimating the weighted averages of the price indices of all nations underlying EU and who have adopted the Euro, at any given point of time (OECD, 2003, p. 77). f) Stepwise method of regression separates the factors which turn out to be insignificant from those that are significant in explaining a predictor, so as to yield the most effective regression model ultimately. Regressing REALREVFRAN against TRADEUKFRAN, STERPEREURO, HICPTRANSPORT, HICPRECCULT, HICPHOTELREST, HICPALL and REALGDPFRAN, in a stepwise method, yielded the following regression model – The values in parentheses are the estimated levels of significance of the parameters. Though the slopes corresponding to HICPTRAN and REALGDPFRAN are found to be significant even at a 99% confidence interval, the same is not true for the other