Monday, September 30, 2019

Functional Movement Integration

This is a personal health plan for a 50 year old woman who is diabetic, has had a heart attack and overweight by 30 pounds. More than seven million American women have diabetes, about the same number as men.Diabetes is a disease that forces your body to starve when it is full of food. Normally, your body takes last night’s dinner or this morning’s breakfast and turns it into a sugar called glucose. Then it dumps the glucose into your blood, where it teams up with insulin secreted by your pancreas. The insulin carries glucose into you muscles and organs, where it provides the energy for everything you do.A drop in available insulin or the body’s resistance to using that insulin can cause  Ã‚   metabolic mayhem. With diabetes, glucose builds up in the bloodstream because it is unable to gain admission to muscles and organs. It wears on the heart, kidneys and eyes and then it flows into the bladder and passes out of the body – leaving behind damaged organs starved for fuel.Left too long, in this situation, the body powers down: Symptoms you may have attributed to stress or growing older, can, if unheeded escalate into the complications of diabetes—heart disease, stroke, blindness or kidney failure.PhysicalPrevention is important here. That is why, they physical part of the 12 month personal plan involves losing weight. â€Å"The higher your weight, the higher your risk of diabetes,† say Richard Hamman, M.D. professor of preventive medicine at the University if Colorado School of Medicine in Boulder. You especially need to lose weight if your body is shaped like an apple—thick in the middle. More glucose in the blood makes the pancreas dump in more insulin. Eventually the whole system breaks down, says Dr. Kohrt.Women who are sedentary probably have a 25 to 40 percent increased risk of diabetes compared to women who are more active at the same weight,† Dr. Hamman says. You must be active physically. What do w e mean by this? It is like taking a walk in the morning, going up three or four flights of steps rather than taking elevators. It is doing these things every day.PsychologicalYou must visit a massage center and have a good massage, so that your body and nerves will become relaxed and full of energy. You must plan to do this the next time you find yourself edgy. You must get a Manual Lymph Drainage Massage.This is a process done to the body in order to improve the flow of the lymph rhythmic strokes. This is used in conditions when the body is already developing edema. The process is used in several massage spas and is a great way to detoxify the body. The massage can be readjusted to a low pressure of the hands for those afflicted with some bone disease.

Sunday, September 29, 2019

Assignment: Petition Letter

March 15th, 2013 Dr. the Honourable Peter Phillips Minister of Finance and Planning The Ministry of Finance and Planning 30 National Heroes Circle Kingston 4 Jamaica Re: Appeal letter for intervention in the financial regulations Dear Sir: This is with reference to the new regulatory regime for financial institutions. The Laguna Group is a small collection of financial establishments that are not regulated by the Bank of Jamaica (BOJ) and have been self-regulated for the past sixty years.However, with the implementation of the new financial regulations, it is of strong belief that this will greatly impair the operations of the group. It is with this effect that we are calling upon your high esteem to intervene in this urgent matter. The Laguna Group has been vigorous investors in the country’s financial sector and the collective strength of the industry. As a result, the group currently controls fifteen (15%) and eighteen (18%) percent of the country’s total deposits an d personal loans respectively.The unwillingness of the BOJ to enter into negotiations threatens the stability of the funds controlled by Laguna. Minister, this is of grave urgency, the members of the group are willing to meet with you and BOJ to arrive at a mutually beneficial agreement to best serve the group’s existing one million working class clientele. The Laguna Group will seek to strengthen relationships with the government and the central bank; as such your collaboration would be vital in creating specific regulations that would serve the best interest of the group, the central bank, the government and the people of Jamaica.Again, with regards to the aforementioned, we are strongly beseeching your immediate intervention in the course of these regulations. The matter has already been discussed and deliberated among the group’s members; however it is your diplomacy that will yield absolution from this regime. We eagerly await your response. Thank you. Respectfull y, Frances Hibbert Frances Hibbert Group Corporate Executive Officer Laguna Group of Financial Institutions

Saturday, September 28, 2019

Antiseptics and disinfectants

The higher the concentration of antiseptic, the more powerful it will be at inhibiting/ killing microorganisms which cause bacterial growth. † This theory supports my result because as you can see the zone of inhibition increases due to the increasing concentration of antiseptic. The higher concentration of antiseptic means it has been less diluted, which means its more stronger than other more diluted concentrations, this high concentration will determine how powerful the antiseptic will be at killing/inhibiting the growth of bacterium, this high concentration of antiseptic will break down the bacterial cell wall, after this process has happened the antiseptic can stop the mutation of the bacteria and inhibit the growth of the bacteria or kill the bacteria. As you can see from my results the higher amount of antiseptic agent present in the ajar jelly, the more powerful it will be at destroying the bacterial cell wall, that is why with the increasing concentration of antiseptic the zone of inhibition increases because the high dose of concentration is attacking the bacteria, hence inhibiting a larger zone of inhibition. On the other hand decreasing the concentration of antiseptic reduces the effect of destroying the bacterium; the weaker the concentration is the less powerful it is at attacking the cell wall of the bacteria. As you can see from my results at the point of 10 percent concentration the smallest zone of inhibition is present this is because the weaker concentration wasn’t strong enough to attack enough of the bacteria in the ajar jelly, so a smaller zone of inhibition became present. During incubation, the chemical diffuses from the disk containing the agent into the surrounding agar; my weaker concentration also wasn’t able to diffuse as well as a higher concentration. Another factor is that my higher concentration wasn’t diluted as much as much as my lower concentration, which means that the water neutralised some of the powerful chemicals in the lower concentration of antiseptic, which were lethal for destroying some of the bacterial agents. 6a) Use of the proper concentration of a disinfectant is important to Achieve the best results for each situation. Some products will have different dilutions Depending on the desired use of the product. Although some Disinfectants may be more efficacious at higher concentrations, However, over-dilution of a product may render the disinfectant ineffective to the target of destroying the Microorganisms. The product label will list the best concentration to use for each situation. Be sure to consider any standing water or other water sources (i. e. , rainfall) in the area as a Potential dilution source for a disinfectant. Antiseptics are more suitable for cleaning hands rather than disinfectants because disinfectants are meant to destroy microorganisms which can infect non-living objects, whilst antiseptics are used on living tissues and cells to destroy any type of infections or sepsis which may be living on the tissue, that is why antiseptics are used in hand sanitizers to clean hands rather than disinfectants. Some people differ between using antibiotics or antiseptics for hand washing, antibiotics and antiseptics are both chemicals that prevent the growth and development of bacteria, but antibiotics are effective only again bacteria whilst antiseptics act on a wide range of microorganisms, making antiseptics more suitable for hand sanitizers. Antiseptics are chemical agents that slow or stop the growth of micro-organisms (germs) on external surfaces of the body, that is why they are suitable to use on the skin as they are designed for that pacific reason to stop bacterial growth or any other microorganisms from spreading or causing infection on the skin and external surfaces on the body. Antiseptics should be distinguished from antibiotics that destroy micro-organisms inside the body, and from disinfectants, which destroy micro-organisms found on inanimate (non-living) objects. Antibiotics and disinfectant are designed for other reasons as you can see and contain some different chemical agents that maybe harsh on the human skin so that is why disinfectants and antibiotics may not be suitable on the skin.

Friday, September 27, 2019

Hitler's table talk Essay Example | Topics and Well Written Essays - 1250 words

Hitler's table talk - Essay Example He categorically states that our body follows the cycle of nature. He advises humans to conform to the laws of nature and take inspiration from it and that is the way one can triumph over religion. He asserts that in nature a will of stronger prevails and it is perfectly a natures way of doing the things (38). He vehemently put his views on social class stating that "as long as social classes existed, it was impossible to set free the forces of the nation" (108). He never believed in rejecting anyone from the national community (108). He was clear in his thinking that class prejudices had no place in a socially advanced state like Germany (255). Hitler believed in shaping the Germany in such a fashion that whosoever happened to visit Germany would be relieved off his or her prejudices against Germany (22). Hitler made a special mention about Germany describing its uniqueness in a sense that it was the only country having no unemployment issue (42). He also argued about the Germany having several towns in its fold of a high cultural level and because of that Germany did not suffer either from any inferiority complex or from any superiority feelings (47). His views on Church and Christianity described his philosophy to govern people as well. He did not believe in making a pact with the Church for it could not offer long lasting benefits. The scientific advancement sooner or later, in all likely hoods, would expose the harmful effects that such compromise might bring. For this reason he kept party matters separate from the religious beliefs – that is how one could keep confrontation between Catholic and Protestant groups. He further stated that it was better to be clever in this matter rather than invite the trouble in the long run. He accepted the fact that the human beings were afraid of so many unknown things of nature for which no explanation is available. Science would resolve enquiries of metaphysical nature

Thursday, September 26, 2019

Material Handling in KIZAD, UAE Article Example | Topics and Well Written Essays - 3750 words

Material Handling in KIZAD, UAE - Article Example Receiving of raw materials to the factory is also part of material handling. It is to ensure the correct goods come to the organization and also leave the organization to the customer. The essay will expand on the role and benefits of KIZAD. The primary focus will be on material handling in KIZAD. The Middle East is a world-class logistics hub due to its geographical location. This region has had significant developments in terms of material handling and warehousing. There has been much development in the logistic infrastructure part of UAE. Countries like Abu Dhabi have significant economic development due to the number of businesses that go through the country. There are materials that go through Abu Dhabi before they move to other regions in the world. It is a central point of moving goods across the world. It is, therefore, important that Abu Dhabi develops world class warehouses where the materials being transported are in safe hands. The warehousing business is now a significant part of the economy that has always been dominated by oil and gas. The material handling business in KIZAD has helped the economy grow by 6% every year thus making it enable vision 2030. Abu Dhabi has a fast growth  pace and the manufacturing industries at KIZAD are growing. The need to have warehouses where the materials have a safe handle is increasing on a daily basis. There is not enough knowledge concerning the fast growth of the economy, hence the need for more warehouses in Abu Dhabi. There have however been many warehouses cropping up due to the increase in demand and opening of the port last year. Lessons on how to handle this business are in need so as the goods remain protected and not get damaged during storage. It is important to understand the kind of goods one is handling, as different products require different attention.

Rich Pictures Article Example | Topics and Well Written Essays - 3000 words

Rich Pictures - Article Example It was developed by Peter Checkland as a Soft Systems Methodology for gathering information about a complex situation (Checkland 1981, p. 37). Structure, processes and concerns are the main components of any Rich Picture diagram. Use Case method analyses the expectation of a primary actor with the proposed system. Actors are the stakeholders of the system, e.g. end users and other systems that are supposed to use the system. They are not considered as a part of the system, only their interaction with the system is taken in to consideration while developing the system. Use Case modeling is extensively used in software application modeling process and object oriented programming. A clear understanding of Use Case is necessary for using UML and other modern software development process. This dissertation will critically evaluate Rich Pictures and Use Cases as a requirements analysis tool. It will also compare and contrast adoptability, advantages and shortcomings of these analysis methods. With the help of a case study based on a Children Support Agency and analysis of its requirement using both methodologies it will highlight the usability of these methods to different situations. Soft System Methodology (SSM) deals with problem situations in which there is a high social, political, and human activity component (Checkland, 90). The SSM is effective in dealing with "soft problems" that are difficult to define but comparatively easier to solve as presented in Children Support Agency case study. Examples of problem situations where SSM is more effective includes socially more complex but technically easier problems such as dealing with homelessness, illiteracy and distressed young people. SSM as defined by Checkland (1990) is composed of seven stages from, finding out the problem situation, expressing the problem situation through Rich Pictures (i.e., representations of organizational structure and processes pertinent to the problem situation), viewing the situation and produce root definitions, building conceptual models of what the system must do for each root definition, comparing the conceptual models with the real world, identifying feasible and desirable c hanges, to making recommendations to improve the problem situation. Expressing the problem situation through Rich Pictures is a major phase of Soft System Analysis. Rich Pictures are most effective in analyzing the complex organizational structures, functions and processes. Rich Picture diagrams as illustrated by following figure are one of the best and most flexible ways for communicating systematic planning process. Following Rich Picture for the complete Children Support Agency environment outlines all major structures, processes, different stakeholders and their concerns. Figure 1: Rich Picture Diagram for CSA Management Information System. The above rich picture modelling gives a broad picture of the situation. It shows clearly the expectations of different stakeholders from proposed Management Information System. Development of rich pictures gives a systematic understanding of all questions and observations about the problem situation. The above representation of the scenario can be very helpful in identifying

Wednesday, September 25, 2019

Knowledge Management. Chunnel Project FTA Final Research Paper

Knowledge Management. Chunnel Project FTA Final - Research Paper Example The Chunnel project faced innumerable challenges in its initiation phase. When there is lack of scope then it leads to resource planning, cost estimating as well as budgeting difficulties. Furthermore, the other challenge faced by Chunnel was related to air-conditioning cost as well as formation of Intergovernmental Commission (IGC). The project was bid at US$5.5 billion but it completed at US$14.9 billion. The project took extra US$8.4 billion of funds to complete successfully. It was also noted that the project required additional 19 months to complete. The main reasons behind the delay in the project were the alteration in the decision made by the IGC. It was noted that the decision of IGC to alter the design of the Eurotunnel from 600 mm doors to nearly 700 mm doors deferred the project to 9 months. It was because of the contractual agreement the project was not capable of paying much attention towards teamwork. During the course of the project, it was difficult for the team memb ers to come to a mutually agreeable solution when confronted with material issues because of the incomplete requirements as well as scope changes. Therefore, lack of communication seemed to be one of the significant challenges faced by Chunnel. During the development step, the project faced issues related to lack of investment in team building. Furthermore, project office did not consider previously leant lessons while preparing the project details. The project was making use of new technology and furthermore, it was an underground construction which was considered as a challenging task for the project manager and the workers. The control of the project was in the hands of financing banks as well as construction companies that paid due attention towards the factors of profit maximization as well as risk maximization. However, there was lack of focus upon the task of operations. With the implementation of the knowledge management

Tuesday, September 24, 2019

Immunology Coursework Example | Topics and Well Written Essays - 500 words

Immunology - Coursework Example Innate immunity is usually immediate and non-specific response. The Adaptive immune response is only activated when the pathogen evades the innate immunity. Adaptive immune response acts by recognition of the pathogen and retained after the pathogenic infection has been eliminated (Doan, 2008). The Humoral immune response is a branch of adaptive immune response. Humoral immune response act on pathogens that are outside the bed such as toxins and bacterias, during the response antibodies which are protein bodies present in the body are produced and secreted into the blood stream and other body fluids to help in fighting with the intruding agents by binding to them and destroying them (Doan, 2008). In the case of the student who was first exposed to the avian flu the humoral system retained the response given first hence when the student was infected again by the flu the immune response had the memory and hence acted on it faster than the first time (Doan, 2008). The T helper cells are responsible for suppressing and regulation of the innate responses. Low helper T cells results in hypersensitivity reactions to the patient because the body will view the host’s antigen presenting the antibody as foreign and go on to destroy all the host antigens. They include chemical, mechanical, and biological barriers. Chemically the skin produces an antimicrobial agent that protects against pathogens. Mechanically, sneezing helps to expel foreign bodies present in the respiratory tract. This response comes first after an infection. Cytokines are produced and they communicate with the white blood cells to recruit immune cells to the infection site hence healing takes place after removal of the pathogens (Doan,

Monday, September 23, 2019

France and its relationship to the United States Research Paper

France and its relationship to the United States - Research Paper Example America was later colonized by the British and after a series of rivalry disputes with the French, Britain and the French army engaged in a war that led to the defeat of the French. The French were pushed away from North America and they retaliated by providing the American’s army with weapons to fight for their independence. The two nations have been involved in close ties ever since. Just like any other international relationship, the relationship between France and the United States has been challenged by tension and suspicion. Historically, the United States was the one at the receiving end of the relationship. The benefits that France brought to the United States were vast in the initial period of the international relations. As time passed, the relationship became symbiotic and it has been this way to date. In this paper, I will focus on the history of France and its relationship to the United States. France relationship to the US Since early in the 16th century, the French businessmen were interested in the United States since it was a viable export region for raw materials and food stuff. French explorers in the western hemisphere of North America provided information on the best settling areas for the French people and they formed a colonial empire in this region. The French settlements in the United States were in Detroit, St. Louis, Biloxi, New Orleans, Green Bay, Baton Rouge and Mobile. During the colonial period, the French’s main rival in the region was the Great Britain. The two colonial powers engaged in a series of wars against each other to secure land. In the 18th Century, after the defeat of France by the Great Britain in North America, France opted to form an alliance with the United States freedom fighters. France provided the US army with heavy ammunition to fight against the British colonial army. This marked the beginning of the common interests between the two nations. Together they managed to push Great Britain out of North America. The French later sold Louisiana to the US and this strengthened the US economy (Davidson, 2003). During the seven years war between Britain and France, the French coveted the fertile Canadian land, which was controlled by the British. In helping the US defeat Britain, France was hoping that Britain would be weakened to leave Canada too. After the US gained independence on 4th July 1776, France continued supporting the new nation to grow into an economic giant in the region. During this time, France had already undergone an industrial revolution and it mentored the US to undergo a revolution in industrializing. The two nations became close business partners with the US exporting most of its raw materials to France in exchange for machinery that was needed for industrialization. The two nations’ relations were strengthened when the French gave their US counterparts with the statue of liberty. It symbolized their friendship an d it gave the French a gate pass to freely migrate to the US. The relationship between the two nations has grown over the years and they have become influential on each other’s economy, politics and culture (Lionel, 2004). In the 20th century, the relationship between the two nations maintained its positive growth. The US helped France to defeat the Nazis who were determined to take over the nation. The two nations were in the pioneering group of nations in many international diplomatic unions like the United Nations, WHO and NATO. As the US gained more power and influence in the world, France began to feel threatened and it formed the European

Saturday, September 21, 2019

The dictionary & words Essay Example for Free

The dictionary words Essay The dictionary has been our help when the struggle of figuring out the meaning of difficult ad unusual words strikes us. For a word to become an entry in the dictionary, and widely used across the earth, it must also be used in a broad range over a period of time. English words have been known to this. Most of the selections of English words are based on how such word is used and is often not based on personal references. Oftentimes, English words are used by publications or by the majority in a particular region or country and even to those regions which use a different language as their medium of communication, like China. Nowadays, hundreds of English words are accepted specifically in hundreds of regions, too. These words have become common to both males and females. Amongst the many English words commonly used by men and women, articles â€Å"the, a, an† are just few of the most common. Without such words (article), the meaning from the noun being used will be hard to understand since they can also be thought as another special kind of adjective. You may notice a big difference of meaning when you make a sentence with and without the existence of â€Å"the†. For example, from the sentence, â€Å"Cat is eating the food,† the word â€Å"Cat† may be understood as the name of a person without the presence of the article, â€Å"the†. Meanwhile, if you modify the sentence to â€Å"The cat is eating the food† the meaning in it will also be reversed to the â€Å"cat† as an animal, instead of a person. This also holds true to other articles, â€Å"a† and â€Å"an† from the sentence, â€Å"A dolphin is a mammal† and â€Å"Dolphin is a mammal. † Similarly, â€Å"verb to be† words are the protean of English, especially created in order to formulate and express a certain thought that is grammatically correct. Common â€Å"verb to be’s† are â€Å"am†, â€Å"is†, and â€Å"are† together with its past and future tenses. These words are used as verbs that link the subject with its complement. Without these, the whole sentence or phrase will be ineffective. However, the use of words has to abide with the grammar rules. If used in a wrong way, the entire meaning will be spoiled. Pronouns namely: â€Å"I, you, he/she/it, we, they† are used as substitutes for nouns in order to avoid repetitive use of nouns. A sentence where the noun is frequently used may be inconvenient and a little complicated to understand. However, if nouns are being substituted by pronouns, the reader has greater chances to appreciate and understand a single or group of sentences. The following shows the differences of having too many nouns used from using pronouns. When Anne went home, Anne notice Anne’s mother preparing food for Anne. When Anne went home, she notice her mother preparing food for her. Apart from articles, verb to be’s, and pronouns, conjunctions, too, are widely used amongst men and women. Coordinating conjunctions â€Å"and,† â€Å"but,† â€Å"or,† â€Å"yet,† â€Å"for,† â€Å"nor,† and â€Å"or† are joiners – words that link parts of every sentence. They connect words, phrases, and clauses of equal importance. Meanwhile, Conjunctive adverbs, or transition words, can exist either in the beginning, middle or the latter part of either in the first or second clause of a compound sentence. Common conjunctive adverbs are â€Å"then,† â€Å"likewise,† â€Å"however,† and a lot more. With so many English words known and used widely, it’s safe to say that global English standards have penetrated all throughout the earth. True enough, they affect the mindset of every individual. So, it is normal for us to expect that many will become responsive upon learning to know and understand English words most especially among Chinese, Korean, and other races. Likewise, technology is not deteriorating. Cable television is not new and almost 99 % English-oriented programs are being aired on cable TVs. No wonder why a lot of non-English individuals become more oriented to the English language. In the flow of modernity, we see the influx of Hollywood movies aired in English language. These shows do not fail to catch the attention of its viewers, Americans and non-Americans alike. Globalization is it. And it has been accepted worldwide that English language is now being used as the medium of communication. They value the language same as they value their existence. Perhaps, English words send a strong message to many that gives them an option not to close their minds from learning the language. Reference List Discounttutor. com 2008. The Most Common Words in the English Language. Electronic document, http://discountutor.com/most_commonly_use_words. htm, accessed November 16, 2008. The SDSU Writing Center 2008. Conjunctions and Conjunctive Verbs. Electronic document, http://www. sdstate. edu/writingcenter/conjunctions_and_conjunctive_adv1. htm, accessed November 16, 2008. University of Ottawa 2008. What is a Pronoun. Electronic document, http://www. arts. uottawa. ca/writcent/hypergrammar/pronouns. html, accessed November 16, 2008. WhiteSmoke Inc. 2008 [2002] The Verb â€Å"To Be† in English. Electronic document, http://www. whitesmoke. com/verb-to-be. html, accessed November 16, 2008.

Friday, September 20, 2019

Islamic Equity Investment Risk and Return Behaviour

Islamic Equity Investment Risk and Return Behaviour Islamic equity investments deal with the application of Shariah in stock selection in fund management. Islamic equity investment is a new and emerging concept in fund management and posed a slow growth compared with a fast paced growth in Islamic fixed income Sukuk markets and Islamic banking in the current decade. However Islamic equity investments contain a significant potential to generate above average risk adjusted returns than conventional equity investment as discussed in this paper. The thesis argues about the risk returns behavior of Islamic equity investments by analyzing the risk return behavior of Karachi Meezan Index, an Islamic index traded at Karachi stock exchange, over the period of two and a half years. Karachi Stock Exchange 100 index and Karachi Stock Exchange 30 index was used as benchmarks to find out if there are any significant differences in the returns volatility of KMI30 and KSE 100. The complete period was also divided into bull and flat periods and eac h period is analyzed to further augment the research. Our findings provide strong evidence to reject the notion that Shariah Compliant investment perform poorly than conventional equity investments. In fact our finding supported the assumption that Shariah Compliant Equity Investments can deliver better returns than conventional investments given the same level of risk. Chapter 1 Introduction In the past few years there has been remarkable growth in the field of Islamic finance. New products are being developed on a consistent basis in capital markets which comply with the Shariah. The main distinguishing feature of Shariah Compliant Stocks is their low risk characteristics which has induced many risk averse investors into investment in Shariah complaint stocks and equity funds. According to Ernst Young’s 2010 Islamic funds investment report, currently there are approximately $52 billion fund assets under management in the Islamic fund industry which is still a small proportion of the total assets under global fund management which are worth $22 Trillion in 2010. Total Shariah compliant assets now exceed $1 trillion worldwide because of the fast faced growth in Islamic finance during the current decade. Currently Islamic funds only constitute about 5.5% of total Islamic finance investments which signifies the potential of growth in this industry in coming years. From July 2007 to Nov 2009, MSCI World Islamic Index outperformed the MSCI World Index Standard Core in terms of variability of returns which shows that Shariah complaint stocks generate more returns in high volatility period compare to conventional stocks. In an Islamic equity fund, the amounts are invested in the shares of Shariah complaint stock companies. The profits are mainly achieved through the capital gains by purchasing the shares and selling them when their prices are increased. Profits are also achieved by the dividends distributed by the relevant companies. It is obvious that if the main business of a company is not lawful in terms of Shariah, it is not allowed for an Islamic Fund to purchase, hold or sell its shares, because it will entail the direct involvement of the shareholder in that prohibited business. In September 2008, Karachi Stock Exchange with the collaboration of Meezan Bank launched a new index called Karachi Meezan Index comprising of 30 companies. The distinguishing characteristic of this index is its Islamic nature in which selected companies will be fully Shariah-complaint. Companies will be selected in the index based on their liquidity in the stock market along with compliance with Shariah principles. These Shariah principles are formulated by the Shariah advisory council of Meezan bank which comprises distinguishing Islamic scholars. The objective of KSE-Meezan Index (KMI) is to serve as a gauge for measuring the performance of Shariah compliant equity investments. It may also act as a research tool for decisions in strategic asset allocation according to Shariah besides tracking performance of Shariah compliant equities; its construction will increase investor trust and enhance their participation. Stock Screening Requirements for KMI-30 Index Shariah compliance of stocks shall be done under the guidance of qualified and reputed Shariah experts. For stocks to be Shariah compliant, it must meet ALL the six key tests given below. Business of the Investee Company: Core business of the company must be HALAL and in-line with the dictates of Shariah. Hence, investment in securities of any company dealing in conventional banking, conventional insurance, alcoholic drinks, tobacco, pork production, arms manufacturing, pornography or related un-Islamic activities is not permissible. Debt to Total Assets: Debt to Asset ratio should be less than 40%. Debt, in this case, is classified as any interest bearing debts. Zero coupon bonds and preference shares are, both, by definition, part of debt. Non-compliant Investments to Total Assets: The ratio of non-compliant investments to total assets should be less than 33%. Investment in any non-compliant security shall be included for the calculation of this ratio. Non-complaint Income to total revenue – Purification of Non-compliant: income the ratio of non-compliant income to total revenue should be less than 5%. Total revenue includes Gross revenue plus any other income earned by the company. This amount is to be cleansed out as charity on a pro rata ratio of dividends issued by the company. Illiquid Assets to Total Assets: The ratio of illiquid assets to total assets should be at least 20%. Illiquid asset, here, is defined as any asset that that Shariah permits to be traded at value other than the par. Net Liquid Assets to Share Price: The market price per share should be greater than the net liquid assets per share calculated as: (Total Assets – Illiquid Assets – Total Liabilities) divided by number of shares. *Courtesy of Karachi Meezan Index Brochure retrieved from Karachi Stock Exchange Website Rationale of the Study Islamic equity investment funds pose immense growth potential in the future mainly on account of the following reasons: It attracts risk averse investors who previously ignore equity investments because of Islamic Equity’s low risk characteristics It attracts new Muslim investors who previously were wary of investing in stock markets because of non-Shariah compliance Therefore a study needs to be conducted which examines the risk return behavior of Shariah complaint stocks so that investors and general people will have a better idea about the risks profits which are inherent in Shariah complaint shares. Research Questions The study will help in answering the questions such as: Is there a difference in returns of KMI30 and KSE 100 indices? Is there a difference in the volatility of KMI30 and KSE 100 indices? Is KMI30 index giving more or less risk adjusted returns compared to KSE 100 index? How much variation is explained by KSE 100 index in returns of KMI30 index? Limitations of the Study KMI30 index represents the risk return behavior of only 30 blue chip Shariah compliant stocks. In order to have a better comparison with the KSE 100 index, a portfolio consisting of all the stocks from KSE 100 which comply with Islamic screening principles should be constituted and the return volatility attributes of this portfolio should be compared with KSE 100 index because a difference in returns between both indices can be because of superior judgment in the selection of stocks in KMI30. Chapter 2 Literature Khan (1998) studied the modern practices in commodity, currency and corporate stock trading in the light of Islamic economic framework and stated that under Islamic principles, Mudarabah or Shirakah certificates can be traded in stock exchanges. However there is no concept of preferred equity in Islamic finance as it Riba which is forbidden under Islam. Khan stated that liability towards losses of the organization need to be met which may have accumulated over a period in order to sell or disinvest shares of that organization which implied that each shareholder has a liability for cumulative past losses as well as current losses in proportion to the capital invested. Khan (1998) proposed a model of stock valuation which incorporates the Islamic principles that intrinsic value of shares should provide the prospective investor a fair amount of information about past performance of organization. Iv = intrinsic value of shares Pv = par value of shares Ri = Profits, Reserves etc L = losses S = No. of Share Lewis (2010) examined the current and historic structure and performance of Islamic investment funds and found out that Islamic investments have grown quickly over the past few years and now there are approximately 650 Islamic funds operating globally. Lewis also discovered that in the past Islamic funds have focused more on negative forbidden screening principles instead of focusing on both the negative and positive screening methodologies like socially responsible funds that focus primarily more on investments in companies which play a part in human welfare. However these Socially Responsible Investments (SRI) funds performed slightly poor compared to Islamic funds because Islamic funds invested a significant portion in energy companies who enjoyed profitability because of rising oil prices, SRI funds do not invest large portions in fossil fuel energy companies primarily because of their futile side effects on environment. Nik Maheran and Masliza (2008) analyzed the performance of Islamic mutual funds at Kuala Lumpur Stock Exchange to investigate if these funds underperform or over perform the market index using average return on mutual funds, standard deviation of weekly returns, coefficient of variation, Treynor and Sharpe index. They found out that most of the funds achieved a lower return than market from the period 2002 until 2006. However in terms of risk level Islamic mutual funds showed less risky behavior compared to the market since the betas of Islamic mutual funds was less than one. Rennebook, Horst and Zhang (2007) critically reviewed the available literature on socially responsible investments and concluded that a primary reason for low returns from socially responsible funds could be the multi-task nature of portfolio managers who pursue both financial and social objectives. They also found out that if investors avoid investments in unethical/asocial businesses, than they may require a low rate of return than other investors who do not show any similar type of preferences. Hussein (2007) analyzed the returns of FTSE Global Islamic index and Dow Jones Islamic Index from 1993 till 2004 and compared them with the returns of Dow jones world index and FTSE All world index. He found out that application of Shariah screening doesn’t adversely impact on Islamic indices performance as Islamic indices performed as well as their counterparts over the entire period. Hussein (2007) stated that Islamic indices yield statistically positive returns in bull market period though Islamic indices underperform the all world indices in the bear period and in the long run have a superior performance compared with counterparts in entire market period. Abdullah, Hassan and Mohammad (2007) compared the performance of Islamic and conventional mutual funds in Malaysian capital market with the help of Sharpe index, adjusted Sharpe index, Jensen Alpha, timing and selective ability and found out that Islamic funds are less risky than conventional funds and both Islamic and conventional funds have diversification levels which are less than 50 per cent of the diversification level of the market portfolio. They discovered that Islamic funds performed better than conventional funds during bearish periods while conventional funds performed better than Islamic during bullish periods and concluded that Islamic funds can be used as hedging tools. Hussein (2005) compared the performance of Dow Jones Islamic market index and FTSE Global Islamic index and benchmarked it against their counterparts, Dow Jones World index and FTSE Global Index respectively, using parametric t-statistic and non-parametric signed rank test. Monthly returns data had been used ranged from 1996 2004 and the periods had been divided into bull and bear return phases to make more meaningful conclusions from results. Hussein (2005) found out that Dow Jones Islamic Index outperformed its counterpart in the entire period (1996 – 2004) and bull period. The mean monthly return of Dow Jones World Index was higher than the DJ Islamic index over the entire bull period which indicated that the Islamic index has greater volatility in comparison with DJ world index. Contrary to this, Dow Jones Islamic index fails to maintain its better performance over the bear market phase where the DJ world index gives better returns. In case of FTSE indices, FTSE Global Is lamic index outperforms FTSE All world index in the entire and bull periods. However FTSE Islamic index underperforms FTSE world index over bear period. Hussein (2005) also found out that the beta of both Islamic indices is greater than one and higher than their counterparts which imply that both Islamic indices are riskier than their counterparts. Hence Hussein (2005) stated that the application of Shariah screening principles has no adverse effect on Islamic indices performance over the years and concluded that Shariah investing offer superior performance compared to unscreened portfolios. Albaity and Ahmad (2008) examined the performance of KLSI, A Shariah Compliant Index at Bursa Malaysia, and benchmarked it against KLCI which is a conventional stock market index at Bursa Malaysia using measures of risk adjusted returns and found out that KLCI is outperforming KLSI. Albaity and Ahmed (2008) also found out that KLCI has a higher beta as evident from conventional Non-Islamic indices and that in the short run both indices move in the same direction and tend to cause each other. Hence they concluded that there is no significant difference in the returns and movements of both indices. Hakim and Rashidian (2002) applied Islamic equity screening principles on Wilshire 5000 index and created a Shariah Compliant Portfolio and compared the return characteristics of the created Wilshire Islamic portfolio and Dow Jones Islamic market index portfolio with the parent Wilshire 5000 index and found out that the reduced diversification characteristic of newly created portfolio has not adversely affected its performance when compared with parent Wilshire 5000. Hakim and Rashidian (2002) examined the causality between the Islamic index, the Wilshire 5000 and the Tbill rate and found out that the Islamic index is influenced by factors independent from the broad market or interest rates which are contrary to the widely accepted notion that Dow Jones Islamic Index exhibits high correlation with broad market. They concluded that such correlation is temporary and false Sauer (1997) measured and analyzed the average monthly returns and variability, Jensen Alpha and Sharpe performance of the Domini 400 Social index portfolio and benchmarked it against the performance of two unrestricted portfolios (SP 500 and CRSP value weighted market indexes). Sauer (1997) discovered that the application of socially responsible strategy in stock selection does not impact the investment performance adversely. He concluded that the potential performance costs of implementing socially responsible criteria, as represented by the performance of Domini social index are negligible. Sauer (1997) also stated that the performance of Domini Social equity Mutual fund compares favorably to the performance of Vanguard SP 500 index. Bauer, Koedijik and Otten (2004) analyzed the performance of 103 German, UK and US ethical mutual funds and found no indication of substantial difference in return behavior between ethical and conventional mutual fund returns after controlling for factors like book to market and size. Bauer, Koedijik and Otten (2004) also concluded that ethical mutual funds are typically less exposed to market variability compared to conventional funds. Hamilton, Jo and Statman (1993) studied 32 socially responsible mutual funds and compared their returns with a portfolio of 177 conventional mutual funds. They found out that market do not price social responsibility characteristics so investors can expect to lose nothing by investing in socially responsible mutual funds; social responsibility factors have no effect on expected stock returns or companies’ cost of capital. Derigs and Marzban (2009) analyzed SP, DJIM, FTSE, MSCI and HSBC Shariah Complaint indices and stated that current Shariah compliant strategies result in much lower portfolio performance than portfolios without considering Shariah Compliance. They suggested that the return from Shariah complaint strategies can be increased by making Shariah compliance an attribute of portfolio constructed rather than measuring compliance on as asset level. Derigs and Marzban (2009) argued, Funds are investment vehicles, which are financially independent of the institutions that establish them. Therefore, a fund takes the form of an independent company, such as a limited liability company (Norman, 2004), in which investors act as shareholders. So they proposed that with respect to compliance a fund which itself invests in multiple companies has to be evaluated in the same way as a conventional independent company. Hassan and Antoniou (2006) examined the potential impact of Islamic screening restrictions on investment performance by comparing the performance characteristics of a diversified of Islamic screened stock indices with conventional benchmarks (Data stream Global Index) and the degree of correlation and volatility in price movements between both indices. Hassan and Antoniou (2006) concluded that the impact of stock screens is closely related to the performance of stock markets and further stated that any argument that Islamic equity investments are less profitable than conventional types of investments is questionable which is supported by relatively major differences between Sharpe and Treynor measures and significant positive Alpha over the positive returns period when the Dow Jones Islamic Market Index outperformed the Data stream Global Index. Chapter 3 Methodology This section emphasizes the research methodology and the type of data that has been used in this research. The research is quantitative in nature as statistical and financial models are being used to test the STOCK INDEX time series for volatility and return. The data which is going to be used in the research is secondary in nature and in the form of time series. Daily index values of Karachi Meezan Index (KMI-30), KSE-30 index and KSE-100 index from Karachi stock exchange are being used as secondary data from December 15, 2008 till March 11, 2011. Daily logarithmic returns of all indices are being calculated such that: Where is the raw return for index i for the time t, refers to the price of index i at time t, and is the price of index i at time t-1. A descriptive statistical analysis was performed on the calculated daily logarithmic returns using to calculate mean, standard deviation, standard error, median, variance, kurtosis, skewness, maximum and minimum values of all three indices for the whole period from December 15, 2008 to march 11, 2011. Also Geometric mean for all three indices was also calculated as it contains the effect of compounding. Coefficient of variation is calculated to measure the variation in each index given its return. A correlation matrix was being calculated using excel spreadsheet to find the degree of correlation between KMI-30, KSE-30 and KSE-100 indices. A linear regression analysis has been performed using the returns of KMI-30 index as dependent variable and returns from KSE-100 as the independent variable to estimate the coefficient of determination (R-Square) and beta of KMI-30. Another linear regression was performed using KSE-30 as the dependent variable and KSE-100 as the market independent v ariable to estimate the beta of KSE-30 and coefficient of determination. The regression equations were as follows: Where is the intercept, is the beta of the stock index, and are the returns on KMI30 and KSE30 indices respectively and is the return on KSE100 regarded as the return on the stock market. Risk ratios which are used in the analysis to compare the risk reward profile of KMI30 with KSE 30 and KSE 100 are Alpha, Beta, Standard Deviation, R-Squared, Sharpe Ratio and Treynor ratio. A paired t-test was performed to check the hypothesis of difference in means of KMI30 and KSE 100 index because nearly all of the stocks of KMI30 are part of KSE 100 hence dependent. Also F-test was performed to check the difference in variances of KMI30 and KSE 100 indices assuming that the returns from both indices are normally distributed. The whole period from December 15, 2008 to March 11, 2011 is than divided into two bull periods and one relatively flat period to find out the risk-return profile of KMI30 and KSE 100 in these periods. The first bull period is from January 15, 2009 till October 15, 2009 while the flat period is from October 15, 2009 till October 15, 2010. The second bull period is considered from October 15, 2010 to January 15, 2011. A descriptive analysis was again performed on these bull and flat periods along with similar paired t-tests, F-tests, linear regression and correlation matrices. Sharpe ratio, Treynor ratio, Jensen Alpha, Beta and S. Deviation were also calculated for these bull and flat periods. Chapter 4 Results Analysis Descriptive Statistical Analysis Descriptive analysis shows that KMI30 index showed very good daily mean returns of 0.1014% since Dec 15, 2008 till March 11, 2011. KMI30 index started in September 2008 and considering the mean returns, it is a very good performance by a stock exchange index especially when comparing with geometric mean of KSE 30 returns of 0.0227% and KSE 100 daily returns of 0.0451% in the same period. The standard deviation of KMI30 index daily returns was 1.5051% which is considerably less than its counterpart KSE 30 index however more than the S. Deviation of KSE 100 index as expected because of large diversification effects of stock returns in KSE 100. The coefficient of variation for KMI30 index is 15.97 compared to 33.36 for KSE 100 and 74.593 for KSE 30 which clearly indicates that KMI30 is less risky when compared to both other indices per unit of return. The excess kurtosis for KMI30 for the complete period is 2.58 compared to 2.13 for KSE 100 and 2.29 for KSE 30 which shows that all three indices are more peaked than normal distribution and are leptokurtic. All three indices are negatively skewed which shows that most of the returns are negative. As indicated by higher standard deviations of KSE 30 index, its maximum and minimum return are greater than KMI30 maximum and minimum returns. The maximum one day return for KMI30 during the whole period was 5.3% while the minimum return was -5.19%. From January 15, 2009 to October 15, 2009, KSE showed a bullish trend. The geometric mean of KMI30 index daily returns during this first bullish period was around 0.31% much higher than 0.24% of KSE 100 and 0.28% of KSE 30. However the standard deviation of KMI30 index is 1.93% less than 1.88% of KSE 100 and 2.35% for KSE 30. This shows that not only KMI30 beat KSE 100 and KSE 30 in returns but also remained less volatile over the bullish period when compared to KSE 100 and KSE 30. The kurtosis of all three indices is slightly over 3 (Excel displays Excess Kurtosis) which shows that all three indices are mesokurtic and have a kurtosis equal to that of normal distribution. KMI30 showed a slight negative skewness of -0.0195, while KSE 100 showed positive skewness of 0.04058 in this bullish period. From October 15, 2009 to October 15, 2010, KSE showed a relatively flat period of returns with KMI30 index showing a mean geometric return of 0.0498% while KSE 100 and KSE 30 showed a geometric return of 0.017% and –0.0249% respectively. The KMI30 again outperformed KSE 100 and KSE 30 in returns over this flat period. KSE 30 had negative mean returns in this period. KMI30 also showed low standard deviation of 1.088% compared to 1.1049% of KSE 100 and 1.3866% of KSE 30. Hence KMI30 again outperformed KSE 30 and KSE 100 index in this relatively flat period in terms of returns and low volatility. KMI30 had an excess kurtosis of 2.18 more than 1.79 for KSE 100 but less than 2.26 of KSE 30. Hence all three indices have leptokurtic distribution with high peaks than normal distribution. KMI30, KSE 100 and KSE 30 all showed negative skewness in this flat period. From October 15, 2010 till January 15, 2011, KSE showed a relatively bullish trend with KMI30 showing a daily return geometric mean of 0.36% against 0.3% by KSE 100 and 0.33% by KSE 30 index. However KMI30 index showed a higher daily standard deviation of 0.86% compared to 0.73% of KSE 100. KMI30 also showed a more leptokurtic distribution compared to KSE 100 as the excess kurtosis of KMI30 was around 0.497 compared to 0.262 for KSE 100. During this bullish period all three indices showed a positive skewness with impressive returns in a short span of time. Over the whole period, from December 15, 2008 to march 11, 2011, KMI30 showed impressive annualized returns of 28.825% compared with KSE 100 and KSE 30 which showed annualized returns of 11.9367% and 5.85% respectively. The annualized standard deviation for KMI30 index was a little higher than KSE 100 but lower than that of KSE 30. Also the total return over this two and a half year period by KMI30 was quite impressive and 2.5 times more of KSE 100. KMI30 had a total return of 75.11% from Dec 15, 2008 to March 11, 2011. Sharpe ratio is only positive for the KMI30 because the other two indices had returns less than 12 month Treasury bill rate. Jensen’s alpha for KMI30 was 16.8687 which indicated the average return on KMI30 over and above the CAPM predicted return of 11.9566%. KMI30 also had a beta lower than one which shows that KMI30 is less volatile than the overall market. KSE 30 had a beta of greater than one showing that it’s more volatile than the market KSE 100 in dex. Correlation matrix shows a strong correlation of 92.933% of KMI30 and KSE 100 over the whole period from December 15, 2008 to March 11, 2011. KSE 30 showed a less strong correlation of 87.48% in the same period with KSE 100. In the first bullish period, KMI30 however had a rather less strong correlation with KSE 100 compared to the whole period correlation described above. In the flat period from Oct 15, 2009 till Oct 15, 2010, KMI30 had a very strong correlation with KSE 100 index. In second bullish period, from Oct 15, 2010 to Jan 15, 2011, KMI30 again had a relatively less strong correlation with KSE 100 as already happened in first bullish period. It looks like KMI30 is showing less strong correlation with KSE 100 in bull markets and very strong correlation with KSE 100 in relatively flat periods which shows that KMI30 shows returns which are less correlated with market in bull periods and give more correlated returns in flat market periods. In both bull periods, Jan 15, 2009 – Oct 15, 2009 and Oct 15, 2010 – January 15, 2011, KMI30 outperformed KSE 100 and KSE 30 index with impressive margins. KMI30 gave a total return of 81.68% in the first bull period, 13.24% in the flat period and 23.67% in the second bull period. KSE 100 gave total returns of 57.3%, 4.34% and 19.92% in the same periods. KMI30 also showed a relatively same standard deviation as the KSE 100 except for the second bull period when there was a large difference in S. Deviation of KMI30 and KSE 100 returns. What this means is that KMI30 is giving higher returns than KSE 100 while having the same risk as KSE 100 also evident by Sharpe ratio. In first bull period, KMI30 had a beta of 0.927 compare to 1.077 of KSE 30. In the flat period, KMI30 had a beta of 0.948 while KSE 30 had a beta of 1.06. In the second bull period, KMI30 and KSE 30 showed an irregular trend when the beta for KMI30 increased over 1 while beta for KSE 30 dropped less than o ne. Regression Analysis A regression analysis was performed on the daily returns of KMI30, KSE 30 and KSE 100 for the complete period to explain the variation in the returns of KMI30 and KSE 30 index by using KSE 100 as the independent market index. The regression equations are as follows: Equation 1 Equation 2 The R-Square for the first model of KMI30 returns come out to be 86.366% which tells us that 86% of the variation in KMI30 index is caused by KSE 100 index. The R-square for the second KSE 30 model was 77% which shows that KSE 100 causes more variation in returns of KMI30 than KSE 30 index. The intercept of first equation is 0.000523179 which shows that when the daily market return is zero, than KMI30 has a daily return of 0.0523179%. The slope of the first equation, beta of KMI30 index, tells us that a one percentage change return in KSE 100 index causes a 0.9752 percentage change return in KMI30 index which shows low volatility in KMI30 compared to KSE 100. The slope and intercept for the KSE 30 model are 1.1018 and -0.0216% respectively which indicates that KSE 30 is more volatile than KSE 100 (has a beta higher than 1) and that a zero return from market will causes a -0.0216% daily return fall in KSE 30 index. Hypothesis testing The first hypothesis was to test that whether there are any significant differences in daily returns of KMI30 and KSE 100 indices for the whole period from December 15, 2008 to March 11, 2011. Since all the stocks which are part of KMI30 index are also a part of KSE 100 index which indicates that both samples are dependent hence paired t-test was employed to test the differences between returns of both indices. The null and alternative hypotheses are given as: Ho: The difference in mean daily returns of KMI30 and KSE 100 index for the period from December 15, 2008 to March 11, 2011 is equal to zero H1: The difference in mean daily returns of KMI30 and KSE 100 index for the period from December 15, 2008 to March 11, 2011 is not equal to zero The paired t –test was performed on a 5% level of significance with 552 degrees of freedom. The calculated t statistic was 2.310548072 which was greater than the critical value of 1.96. Hence the null hypothesis was rejected and the conclusion was that the difference in mean daily returns of KMI30 and KSE 100 returns is different from zero. The second hypothesis tested whether there are any significant statistical differences in returns of KMI30 and KSE 100 indices during the first bullish period from January 15, 2009 to October 15, 2009. The same paired t test was employed to test the difference in returns in this bullish period using a significance level of 5%. The null and alternative hypotheses are given as: Ho: the difference in mean daily returns of KMI30 and KSE 100 index for the bullish period from January 15, 2009 to October 15, 2009 is equal to zero H1: the difference in mean daily returns of KMI30 and KSE 100 index for the bullish period from January 15, 2009 to October 15, 2009 is not equal to zero The calculated t-statistic was 1.2773207 less than the critical value of 1.972 at 5% level of significance with 187 degrees of freedom. Hence the null hypothesis was failed to reject and it was concluded that there is no difference in the returns of KMI30 and KSE 100 indices during the first bullish period from January 15, 2009 to October 15, 2009.

Thursday, September 19, 2019

Merchant of Venice Essay: Universal Elements -- Merchant Venice Essays

The Universal Elements of Merchant of Venice  Ã‚      Shakespeare’s Merchant of Venice contains many themes and elements that are considered timeless or universal. Samuel Taylor Coleridge defines a timeless or universal element as a â€Å"representation of men in all ages and all times.†Ã‚   A universal element is relevant to the life of every human being – it is universal. The first major theme that plays an important role in the play is the Christians’ prejudice against the Jews. A second important theme is the attitude toward money.   Perhaps the most important theme of the play is the love between people. This love can occur between the same sex, or the opposite sex, platonic or romantic.   In Merchant of Venice, the three timeless elements are prejudice, money, and love.    The first theme is that religious intolerance and prejudice play destructive roles in the book. Even to this day, there is racism and prejudice in schools about race and religion. Antonio, as a true Christian, has often condemned moneylenders. He knows that since the early twelfth century, Christians are forbidden by the Church to lend money for profit. Shylock, as a Jew, does not consider his money-lending and overwhelming interest to be a sin in any manner. In fact, he considers his earnings through money lending as the gift of God. He appeals to and quotes the Scriptures in defense of his profession. Shylock and the other Jewish moneylenders are essential to the prosperity of the merchant community, but they are also outcasts as human beings and as Jews.   Shylock often shows his dislike to the Christians; â€Å"I hate him for he is a Christian†, (Act I, Sc. III, L. 38). The Christians ridicule and hate the Jewish moneylende... ...o, who she cares about for the sake of Bassanio. Jessica gives up her family ties to marry Lorenzo. Even Gratiano and Nerissa are devoted to one another. The play is truly about the happiness that true love brings.    In this play, three timeless elements that are very relevant today and throughout history are prejudice, money, and love. Shakespeare included many examples of all these themes in his play. Bassanio, Antonio, Gratiano, Lorenzo, Portia, and Shylock are the main representatives of these themes. You could take anyone in history and compare him or her to anyone in this play. An example of this would be the prejudice and mean spirit that both Shylock and Hitler share. Shakespeare did a very good job showing these elements in real life scenarios. Samuel Taylor Coleridge put it perfectly; this play is a â€Å"representation of men in all ages and all times.†

Fractals: A New-Age Mathematics to Explain Our World :: Fractals Mathematics Math Papers

Fractals: A New-Age Mathematics to Explain Our World Fractal art is a new-age art that tantalizes the eyes and mind with patterns, shapes, colors, and abstract imagery. Artists have once again found a way to harness the abstractedness of mathematics and integrate it into their work. So where does this new art form of fractal design stem from? The reality is that fractals themselves are relatively young in the mathematical world. Of course since the beginning of art and history and mathematics, self-similar objects have existed and been intriguing to the human mind. However it has only been recently that mathematicians have begun to explain them. So the question is posed, what is a fractal? Fractals are actually very simple. A fractal is any design that contains self-similar images within itself. One real-life example would be a circulatory system. Each single blood vessel resembles the overall shape of the system. [2] The main characteristic of the fractal is its self-similarity. That means that each part that makes up the whole resembles the whole. A fractal is then generated from millions of smaller images that together form a larger similar image. Nowadays, most fractals are done with the computer. This is because it is very slow and tedious to do the work by hand. However, some simple fractals such as a Koch curve or a Sierpinsky triangle can be created by hand. The Koch curve for example starts out as a straight line. Then, in the middle of the line, an equilateral triangle is formed. From that point, every straight line becomes split by an equilateral triangle. This step would be repeated over and over until a snowflake forms. The result of repeating the process five times is shown below. [3] This is a very simple fractal. Fractals like the ones pictured below can only be produced with a computer. [1] Notice the self-similarity in the picture. See how the smaller objects relate and mimic the whole picture. That is the essence of fractal art and fractal geometry. Similar to any branch of math or science, new concepts do not simply generate all of a sudden. Fractal ideas can be traced back to the late nineteenth century, however if one looks past that, they will see that the anchient Greek mathematicians also dabbled in the world of fractals.

Wednesday, September 18, 2019

Waste Land Essay: Impact of Images on the Structure of The Waste Land

Impact of Images on the Structure of The Waste Land      Ã‚   Many of the images that give bounds to the structure of "The Waste Land" relate to the annual cycle of life with which ancient peoples closely bound up their own lives. Eliot himself points out the importance of the ancient cycle of life by acknowledging a "general indebtedness," as the anthologists' introduction to the poem points out, to Sir James Frazer's The Golden Bough and especially the volumes Adonis, Attis, Osiris. These two volumes deal with ancient beliefs about cycles in the life of vegetation and with ceremonies meant to insure fertility. (Introduction 2146)    References to the vegetation myths are sprinkled throughout the poem. For instance, Stetson's friend asks, "That corpse you planted last year in your garden,/ Has it begun to sprout?" (lines 71-72) As a footnote to the text points out, this is a distortion of the ritual death of a fertility god who was reborn later in the year, symbolizing the death of plant life in winter and its rebirth later in spring. (note 8, 2149) The details of the rituals differed from culture to culture, as did the name of the god, but all stemmed from the response of a people to the dying and rebirth of plant life through the seasonal cycle. (Introduction 2146) The poem, in fact, begins with the regeneration of plant life in April, in which lilacs begin to sprout from the "dead land" and in which "dull roots" are revived with "spring rain." (lines 1-2, 3-4) Other references to the ritual death and rebirth of a fertility god can be found, for instance, in the fourth section, "Death by Water." In this section , the death of Phlebas the Phoenician is associated with a ritual at Alexandria in which a representation of ... ...e quest restores both the fertility of the land and the potency of the king.    Works Cited and Consulted: Abrams, M.H., et al. Footnotes to "The Waste Land" in The Norton Anthology of English Literature, Sixth Edition, Volume 2. General Ed. M.H. Abrams. New York: W.W. Norton & Company, 1993. Abrams, M.H., et al. Introduction to "The Waste Land" in The Norton Anthology of English Literature, Sixth Edition, Volume 2. General Ed. M.H. Abrams. New York: W.W. Norton & Company, 1993. Eliot, Thomas Stearns. Footnotes to "The Waste Land" in The Norton Anthology of English Literature, Sixth Edition, Volume 2. General Ed. M.H. Abrams. New York: W.W. Norton & Company, 1993. Eliot, Thomas Stearns. "The Waste Land" in The Norton Anthology of English Literature, Sixth Edition, Volume 2. General Ed. M.H. Abrams. New York: W.W. Norton & Company, 1993.   

Tuesday, September 17, 2019

Home Alarm Case Essay

1) What is the LTV (looking 8 years out) of a customer who used auto-pay? The Life time value of a customer who used auto-pay is $1670.69 (LTV net of acquisition costs= $1373.69) 2) 2)What is the LTV (looking 8 years out) of a customer who did not use auto-pay? The Life time value of a customer who did not use auto-pay is $1361.87 (LTV net of acquisition costs= $1064. 87) 3) What is the maximum amount that Home Alarm could spend on customer and salesperson incentives to convert a residential customer to auto-pay? The maximum amount that could be spent should be the difference between the Lifetime Value of customers that sign up for non-autopay service ($1064.87) and the LTV for the ones who opted for an autopay service ($1373.69); which is $308,82. So far, Home Alarm doesn’t assign any budget for marketing at the time of sign up, so it could be a good idea to invest this amount ($308,82), or less, for a marketing campaign during the acquisition period, emphasizing the convenience of the automatic payment contract. 4) What new pricing strategies and services should Home Alarm consider to sign up new customers with auto-pay? One strategy to push new customers to sign up with autopay could be offering them the installation for free. In this case the cost of acquisition for each new customer who signs up for the autopay service would be $492 instead of $297. With this option, the lifetime value of each customer who opts for the autopay service will be $1178.69, lower than the amount that could have  been earned had they chosen this solution anyway, but higher than the $1373,69 that the company would earn had they not chosen the autopay. The main problem for this option is that we don’t have any information about the percentage of people that would choose the automatic payment without any incentive; indeed if we assume that 50% of the customer would choose the automatic payment in any case, we would earn 113,82 dollars (1178.69-1064.87) on average for each customer who decides to choose the automatic payment over the non automatic one, but we would lose $195 for each customer that would have chosen this method even without incentives. (Table 1) It could be worthwhile to offer just a reduction of the installation costs. For instance, offering a discount of 50% on the installation cost would increase the LTV of customers that choose autopay over non-autopay by more than $200 and would create a loss of only $97,5 per customer that would have opted for autopay without further incentive. Another strategy could be offering the new customers who opt for an automatic payment service a fixed price for the first three years (not increased by the annual 3% rate). In this case the LTV net of the acquisition costs would be $1305,5, still higher than the one the company would earn whether the customer opts for a not automatic payment. Moreover, offering 8 years of fixed price ($480) is still more profitable than the case in which the chose a not autopay method, but it is, in my opinion, not recommendable, because of the negative effect that it could have on the customer that chose this option before. Indeed they could decide to resign the contract and try to get a new one with the more convenient conditions. (Table 2) 5) What new pricing strategies and services should Home Alarm consider to convert existing customers to auto-pay? Taking in consideration the attrition rate during the past nine years, it seems to be more convenient try to convert the customers as early as possible; indeed the peak of the churn rate is between the third and the fourth year. One solution could be offering discounts for the customers that are willing to switch method, maybe offering them a reduction in the general rate. For example, the customers that opt for convert their payment method  could see their price increase just by 2% per year instead of the 3%. For instance, if the conversion happens during the first year, the LVT net of acquisition costs would be $1243.17 (the retention rate for the first year would be the same of the non autopay situation), significantly higher than the basic case. This numbers are obtained in the optimistic scenario where the attrition rate in case of switch would be exactly the same of the ones who initially chose for the automatic payment. (Table 3) Another option could be offering couple of years with a fixed price, as explained for the new customers.

Monday, September 16, 2019

The Life and History of Craig Kielburger

Craig Kielburger is best known for being a famous Canadian activist for the rights of children. Kielburger is the founder of â€Å"Free the Children† and co-founder of â€Å"Me to We†. In 1995, Kielburger was twelve years old at the time when he saw a headline in the Toronto Star that read â€Å"Battled Child Labour, Boy, 12, Murdered. † The story was about a young Pakistani boy who was forced into bonded labour in a carpet factory at the age of four, and became an international figurehead for the fight against child labour by the age of twelve, but was brutally murdered in 1995.After Craig read this article, he began to research child labour, showed this particular article to his classmates and formed a group called â€Å"Twelve-Twelve-Year-Olds† which formed to â€Å"Free the Children†. This organization become international with 45 participating countries to help the world become a better place. In today's society, Craig's point of view can be im plemented by following in his footsteps to help and try making the world a better place and continuing to support his success with the organization he created, and realizing that you can make a difference if you believe in the fight that you want to stand up for.Craig Kielburger would be considered a pro-natalist point of view because in order to make a difference in the world, you need a lot of help to make the change and it starts by going small and growing big like Kielburger did with Free the Children. The more people that are involved, the greater the chances will be to make the change in society.Personally, I think that Kielburger’s idea with free the children can help solve the problem with this issue of child labour because he is trying to send the message out that child labour is wrong and no child show be forced to work and that children should be allowed to be children by playing, learning, and having fun. By Craig Kielburger and everyone that is in the organizatio n are making a difference in society for the children and hopefully murdering of children decreases as well as decreasing child labour in the whole world overall.

Sunday, September 15, 2019

Deviance in Society

The study of sociology demystifies that what is considered deviant behavior in one society may not qualify to be deviant in another. A number of other factors determine the qualification of this definition of deviance. For instance, deviant behaviors or acts may be classified as truly deviant depending on the condition in which they occur. Additionally, behaviors or acts can be tagged ‘deviant’ depending on the historical era.This implies that, from one historical time to another, some behaviors or acts universally known to be deviant behaviors are likely to change their status definitions to be ‘not deviant’ as what we can learn from Rosenhan (1973) and Eqbar (1998). This paper takes a critical look at the varying definitions of deviance in different circumstances presented by both Eqbar and Rosenhan. Sociological Approach to Deviance (Eqbar (1998) and Rosenhan (1973)Both Eqbar and Rosenhan share the same approach in defining deviance and agree that it is r ather a complicated issue that needs to be understood. Eqbar attempts to explain deviance from the most complex issue of terrorism and carefully unfolds historical stories to at least come up with some imagery explanation. Eqbar explains that terrorism which is a serous matter in the world today which is ever changing begs more attention from world leaders to accurately mark on its causes and the remedial actions (Eqbar, 1998).On the other hand, the issue of proliferation of mental hospitals is an issue of importance to Rosenhan which deserves much attention. Similar to Eqbar, Rosenhan is caught in dilemma in identifying accurately who is sane and who is insane in psychiatric environment and ends up referring himself a ‘pseudopatient’ (Rosenhan, 1973) Eqbar’s Approach to Deviance The sociological interpretations have used history as a tool to understand how deviance can change with time. One of the most relevant is examples is presented by Eqbar (1998).Ahmad Eqba r while delivering a presentation at the University of Colorado in October 12th, 1998, identified how the West perceived Yasir Arafat and how this perception faded with time and almost disappeared. Between 1969 and1990 the Palestine Liberation Organization (PLO) was the centerpiece for all terrorist activities and Arafat was time and again described by the Western media as the â€Å"Chief of Terrorism† particularly by the New York Times William Safire (Eqbar, 1998). Earlier in 1930s and 1940s, the same description was coined to the Jewish underground living in Palestine.However, things changed and the image was turned inside out! Eqbar (1998) noticed a unique marriage between the West and Arafat when he saw a picture of the leaders Arafat, Bill Clinton and the Israeli’s Prime Minster, Benjamin Netan seated together on the September 29th, 1998. Arafat who was frequently known as a man of the guns and an enemy to the Western people was at this moment branded a new image. This example as observed by Eqbar clearly indicates that the labeling of objects or personalities as deviant tends to change with history.Yet another shocking experience Eqbar writes about is the time when President Ronald Reagan, from the West, warmly received a group of men from the East in the White House. In his speech, President Reagan in 1985 referred the bearded men as the Afghan Mujahiddin who acted as the â€Å"moral equivalent of America’s founding fathers† (Eqbar, 1998). A rather controversial reminder is the one time peaceful relationship that existed between the al-Qaeda leader, Osama Bin Laden and Thomas Jefferson and George Washington.Bin Laden who after the September 11 attach was expected to be killed was a moral equivalent of the two leaders (Eqbar, 1998) but was demoted and got angrier to revenge in all ways. According to Eqbar (1998), deviance is seen to change with time as he draws an example of terrorism. Bin Laden, who was once the moral equival ent to Jefferson and Washington became a dangerous terrorist after his status demotion. In this perspective, Eqbar tries to explain that terrorism, which is a deviant behavior, tends to change with time such that today’s hero is tomorrow’s terrorist and today’s terrorist is tomorrow’s hero (Eqbar, 1998).Rosenhan’s Approach to Deviance Another sociological approach to deviance can be seen in the works of Rosenhan (1973). Rosenhan takes us to the sociological environment of a psychiatric hospital where he finds himself in a state of dilemma to differentiate sane people from the insane. He blames factors such as depersonalization, powerlessness, mortification, segregation as well as self-labeling in playing critical roles in counter-therapeutics. In psychiatric hospitals, it emerges to be a challenge to make distinctions between the sane and the insane.The meaning of behavior in the hospital environment can easily be construed. Rosenhan (1973) takes u s through some of the conditions that totally change the true meaning of sanity in hospital environment and we can make an extrapolation to one of the sociological understanding that deviance is relative to the prevailing conditions. The conditions in hospital environment such segregation, depersonalization, self-labeling and mortification which are always crafted in larger part construe the meaning of sanity.Dealing with Deviance in the Society Important insights can be obtained from the two approaches and definitions of deviance. The two definitions, Ember’s and Rosenhan’s can be intermarried to help solve crimes such as terrorism, rape, drug abuse, felony and murder which have become a challenge in the society. There seems to be different approaches how people view both issues of terrorism and sanity. Understanding the approaches drawn by Eqbar and Rosenhan will help appreciate these differences and deal with crime in the society.Deviance changes with time as Eqbar draws it from the observation of Osama Bin Laden who was once a friend to the western and later become the worst enemy. Equally, the change of deviance is drawn by Eqbar in the case of Arafat who was once an enemy to the West but later a friend. While Rosenhan does not provide a straightforward definition on how to differentiate sanity from insanity in hospital environments, he admits that the psychiatric hospital provides a unique environment that makes the definition of sanity to surface.Rosenhan (1973) identifies the existence of hospital conditions such as depersonalization, powerlessness, mortification, segregation as well as self-labeling to play a critical role in counter-therapeutics. The issue of proliferation of mental facilities in communities is the aim of Rosenhan’s approach. Using Rosenhan’s approach will ease the pressure in these facilities as the accurate psychiatric labels will be used in admitting individuals in psychiatric community facilities (Rose nhan, 1973).Another issue that might be solved from Rosenhan’s approach is the need to increase the manner how mental health workers should be sensitive to the position of psychiatric patients in Catch 22 and increase research into psychiatry. This is because to other people, one can be tagged insane while to others ‘sane’. This is similar to what Eqbar observed in the issue of terrorism. Together, these approaches can be applied in understanding and reducing deviance in the society. References: Eqbar, A. (1998). Terrorism: theirs and ours. Retrieved August 15, 2010 from,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   http://therearenosunglasses.wordpress.com/2010/01/31/terrorism-theirs-and-ours/ Rosenhan, D.L (1973). On being sane in insane places. Retrieved August 15, 2010 from,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   http://psychrights.org/articles/rosenham.htm

Saturday, September 14, 2019

Discussing Music Therapy Reducing Stress Health And Social Care Essay

The treatment brings the right study to cloture. Discussion subdivision makes sense of research consequences. This is the most of import subdivision of any research study working adult females emphasis has emerged as important mental wellness job in working country in now. The chief purpose of the survey was to measure the effectivity of music therapy in decrease of emphasis among working adult females at P.S.G institute of wellness scientific disciplines, coimbatore in the month of July. Each person ‘s base line informations was collected and they were assessed for selected parametric quantities under the subheading of physical emphasis, psychological emphasis, fiscal emphasis, sociological emphasis, religious emphasis. After the initial appraisal, music therapy was given a period of 3 hebdomads. Then reappraisal was done. 5.1 General Profile of Working Womans: Age of working adult females varied between 20 to 60 old ages. There were 44 adult females, among whom bulk ( 16 ) of the adult females were in age group of 25 to 30 old ages. Six ( 6 ) were in the age group of 20 to 25 old ages. Thirteen ( 13 ) were in the age group o 30 to 35 old ages, six ( 6 ) were in the age group of 40 to 45 old ages and merely one in the age group of 50 to 60years.The above determination was supported by a survey conducted to measure the relationship between the emphasis and wellness indexs in urban population in Japan. They found that topic who showed that a high sum emphasis mark was largest in the age group of 30 to 39 old ages for adult females ( Nakagawa y, 1998 ) . 5.2 Occupational History of Working Womans: In the present survey bulk ( 33 ) of adult females were making instruction, one ( 1 ) was making administrative work, two ( 2 ) were making lab work, five ( 5 ) were hearer, three ( 3 ) were clerical workers. A survey reported that three groups of adult females like clerical worker, director, individual parent ( chiefly divorced ) have been through empirical observation identified as being at comparatively high hazard for emphasis ( kushnirt,1993 ) . 5.3 History of wellness Problem of Working Womans: In the present survey one ( 3 ) adult females had hurting in lower appendages, two ( 2 ) adult females had stomachic ulcer, one ( 1 ) adult females had Diabetess and high blood pressure, one ( 1 ) adult females had thyroid related job, one ( 1 ) had high blood pressure. Majority ( 36 ) of adult females did non hold any wellness jobs. A survey was conducted on multiple functions and wellness among Korean adult females.The consequence showed that holding multiple functions with working adult females was non associated with better wellness and psychological well-being. Compared to those with traditional function, employed adult females more often experienced sensed emphasis, with matrimonial and/or parental functions. ( Cho, S, J. , 2008 ) 5.4 Recreational Activities of Working Womans: About more than half of ( 23 ) adult females had no leisure clip activities and eight ( 8 ) adult females had a leisure clip activity of watching Television. Four ( 4 ) adult females had a leisure clip activity of Listening to music, three ( 3 ) adult females used to play during the leisure clip, one ( 1 ) adult female used to playing with the childs, one ( 1 ) adult female exhausted clip in walking, two ( 2 ) adult females used to read books and listen to music ; one ( 1 ) adult female had leisure clip activities of watching Television, read books, playing with childs and one ( 1 ) adult female had leisure clip activities of watching Television, orienting, cleansing and horticulture ( Table 4.4 ) .A survey has been conducted to find the occupation emphasis among primary school instructors in South- West, Nigeria. They found that bulk of the instructors had concern as symptom of hapless wellness and bulk of them engaged in watching Telev ision as a scheme for get bying with emphasis. ( Lanre Olaitan, O, 2009 ) 5.5 Assessment of Level and Type of Stress among Working Womans: In pretest out of 44working adult females 6 had mild degree of emphasis, 29 had moderate degree of emphasis and 9 of them had terrible degree of emphasis. A survey reported that among 206 adult females, 36 % admitted agony really terrible, terrible or reasonably terrible emphasis at work. At place or in the household 16 % were affected. Anxiety about employment was expressed by 12 % , fiscal concerns by 5 % , and concern for wellness by 5 % ( Biener, K. , 1981 ) . In relation to physical emphasis, among 44 working adult females 9 had mild degree of emphasis, 26 had moderate degree of emphasis, 9 had terrible degree of emphasis. Similarly psychological emphasis, five ( 5 ) had mild degree of emphasis and 30 one ( 31 ) had moderate degree of emphasis and eight ( 8 ) were identified as holding terrible degree of psychological emphasis. Five ( 5 ) of adult females had mild degree of emphasis, 30 six ( 36 ) had moderate degree of emphasis and three ( 3 ) had terrible degree of fiscal emphasis. Similarly seven ( 7 ) had mild degree of emphasis, 30 ( 30 ) had moderate degree of emphasis, seven ( 7 ) had terrible degree of sociological emphasis. Nine ( 9 ) of adult females had mild degree of emphasis, 20 six ( 26 ) had moderate degree of emphasis, nine ( 9 ) had terrible degree of religious emphasis. When a individual is stressed, their organic structure becomes physically different due to the reaction to the stressors. They may be dying and problem c oncentrating along with a alteration in outward behaviour. If dying, an person may see apprehensiveness, apprehension or uneasiness similar to fear but based on an ill-defined menace. This person may experience tense, uneasy, discerning, disquieted and vulnerable ( Dennis Coon, 2007 ) .5.6 Comparison of Level of Stress among Working Women before and After Implementation of Music Therapy:Working adult females ‘s emphasis degree was reduced from terrible to chair and chair to mild. In the posttest, average value of mild emphasis is 66.33, compared to intend value of mild emphasis which is 62.66 in pretest. Similarly in the station trial, average value of moderate emphasis is73.44, compared to intend value of moderate emphasis which is 89.86 in pretest. Similarly in the station trial, average value of sever emphasis is 83.88, compared to intend value of sever emphasis which is120 in pretest after execution of music therapy. 5.7 Influence of Music Therapy on Stress Level among Working Womans: System theoretical account was adopted to implement the music therapy in decrease of emphasis among working adult females. After the music therapy working adult females stress degree was reduced to severe to chair and chair to mild. There was a important decrease in the emphasis degree when compared to emphasize degree before the therapy. The average value of mild emphasis was 62.33 in out put as compared to 62.66 in input and average value of moderate emphasis was 73.45 in out put as compared to 89.86 in input. Similarly the average value of terrible emphasis was 83.88 in out put as compared to 120 in input, Therapy as throughput helped the working adult females to cut down the emphasis degree ( figure 5.1 ) . 5.8 Assessment of Relaxation Level among Working Womans: All 40 ( 44 ) working adult females had moderate degree of relaxation after the music therapy.

Friday, September 13, 2019

Marketing And Social Media Essay Example | Topics and Well Written Essays - 1750 words

Marketing And Social Media - Essay Example he social media, because of active integration of technology in the lives of the masses around the world has resulted in the playing of a major catalytic role in regards to the formation of a large number of followers in the virtual world. It can be said that in the today’s date, the social media represents a series of programs that run explicitly by exploiting the functionalities of Web 2.0 (Wankel, 2010, p. 9) Talking in regards to the product lifecycle, it can be said that there are four stages such as introduction, growth, maturity and decline. The social media holds a tremendous value in the first two stages as it is deeply integrated with regards to value communication of the products to the masses. Just because social media is largely diversified in its forms through the presence of various social networking and micro blogging sites likes Facebook, Twitter, LinkedIn etc. it can be said that the marketing power of the social media is tremendously high (Zarrella, 2010, p. 3). Talking more in connection to the power of marketing of the social media and the product life cycle, it can be said that the social media plays a very influential role in regards to the process of introducing new products and services in the markets by simply helping in the process of communicating the values of the products and services to the desired target audience. It also needs to be highlighted that during the course of attaining the growth phase of product development, the social media helps in a great way in manipulating the demand for the products and services by helping the marketers of the respective products and services to maintain a bilateral method of communication with the desired target audience. 2. It is important to mention that in today’s date, the social media has...Talking about the social networking sites, it can be said that the growth of the social networking sites has been largely augmented by the tremendous favoring of the growth prospects of t he United States. Like as witnessed in the case of dotcom bubble of the late 1990’s, the mere presence of the social networking sites in the virtual web space does not help in any way in the process of generating revenue. Every social networking site needs to operate on the basis of a business model, which will help in generating revenue for the online business. It is of significant and utmost importance to mention that the business models that are applicable in the case of social networking sites should not only focus on the process of generating monetary value, but also on the lines value creation, identification of the core competencies of the online business as well as proper value communication to the right target audience. Considerable amount of interest also needs to be given on the lines of creating competitive edge for the online business. It is of considerable importance to mention that an online business is built on four key model components. The first one is the value creation, which distinguishingly addresses the value that will be provided to the customers. The second factor is the issue of target market, which necessarily takes into account the factor of the desired target audience.

Thursday, September 12, 2019

Artical report Article Example | Topics and Well Written Essays - 500 words

Artical report - Article Example The author has reflected that such theory of human behavior should encompass within its scope manifold issues, including layers of analysis from individual to organizational and social, harmony with current understanding of social and biological sciences, ability for empirical testing, universal cultural applicability and lucidity of the theory so that it can be taught and used easily (Stark 131). The author, in the context of arguing about the importance of a unified theory of human behavior, has adopted a quite well structured form and also has provided considerable focus over four major driving forces that mainly determine nature of human behavior. However, understanding the driving forces and their role in construction of human behavior would not have been easy unless prior to the section he has provided a brief explanation about â€Å"Evolution of the brain† (Stark 131). In this section the author has shown that evolution of human brain is mainly responsible to determine behavior of individuals and their choice of actions, â€Å"†¦evolution has selected several innate skills for human including habitat selection, food selection, danger awareness, intuitive psychology, orientation, justice, and an ability to remember important people† (Stark 132). The limbic part of human brain specifies and differentiates â€Å"incoming sensory messages† (Stark 132) and human beings, consecutively, also respond to those impulses depending on their needs. The author’s emphasis on this functional aspect of brain explains the necessity for human beings in the context of acquiring, learning, bonding and defending themselves. Aftermath, the author has explained the four drives, which he considers as the main forces in determining human behavior. The D1 or Drive to Acquire is the first force that determines instinct of human beings in the context of acquiring certain basic

Wednesday, September 11, 2019

Fallacy Spotting Essay Example | Topics and Well Written Essays - 250 words

Fallacy Spotting - Essay Example An appeal to pity or fear also known as the Galileo argument, means a professional has been suffering that he/she might lose loss his/her house due to some dysfunction. Under different situations human being evoke to the appeal to pity or fear emotion. Fear of God and fear of terrorism generates appeal to pity or fear in the human mind. At the time of appeal to pity or fear, different kinds of reasoning come to the mind of the arguer along with opposing party. Emotions have been affecting human behavior in a very inappropriate manner, which is also harmful for the future (Rainbolt and Dwyer 1-446). Therefore, appealing to the emotions like pity or fear is unidentified force created by the arguer, it negatively affect the opponents without knowing the actual reason, whether he/she will surrender to the arguer (Walton 1-55). Pity or fear is a very strong as well as forceful emotion, which made the opponent helpless and at a point of time opponent is forced to give up the

Tuesday, September 10, 2019

W2 DQ Assignment Example | Topics and Well Written Essays - 500 words

W2 DQ - Assignment Example This intervention in diplomacy happened from the highest levels, with no less than Powell and Armitage, the highest and most key officials in the US defense establishment, intervening and securing the guarantees of no less than President Musharraf that he would, with all the might of his position, stop the infiltration. Having secured this, the US officials then turned around and made public the pledge to the Indian government, while they were in India. This one maneuver is said to be responsible for the gradual de-escalation of the conflict and the averting of what could have been a deadly turn of events between the two countries. One can see from this episode that while the diplomatic intervention was quite late, having arrived when the two parties were already on a tension level that was dangerously close to a full-scale war, America as the third party had within its means to diffuse the tension, and act as a superpower and disinterested party to which both Pakistan and India can turn to as a kind of referee. There is no lack of political will, at least on the part off the United States, and at least in this one instance. Though it came a bit late, this one incident can be looked at as a kind of reminder that if needed, at least the US can be counted on to rise to the occasion again. Elsewhere too we see that the US was also instrumental in trying to apply the lessons from the Cold War by trying to get the two countries to participate in CSBMs, or Confidence and Security Building Measures (Nayak and Kepron, 2006, pp. 13-22; Khan, 2002). On one level, the analogy of the Pakistan-India relations with that of the US and Soviet Union are valid, to the point where theories on deterrence, and dealing with the paradox known as â€Å"stability-instability† as it applies to the two South Asian countries. The literature is expanding, and is being used as reference to deal with the complex dilemmas facing India and Pakistan, as far as deterrence

Monday, September 9, 2019

Corporate Governance & Social Responsibility Essay

Corporate Governance & Social Responsibility - Essay Example Business organizations should not be interested only on the shareholders (tutor2u, 2011, para.4). The employees as well as the users of these products need to be considered in the development of the operational strategies of the organization. The concern addressed here should reflect on the type and quality of product offered to the consumers. While some products have no adverse effect on the social life of the users, others like alcohol drinks and bhang are often associated with serious social issues. Excessive drinking and drug abuse contribute significantly to other social issues like domestic violence, sexual abuse, or even manslaughter. Product advertisement After developing a product, a business company would always want to let its product be known in the market. This is achieved through extensive promotion and advertisement of the product. The advertisements often appeal to the consumers on the benefits of the product. The contents of the advert will influence its effectivenes s (Gunter, Oates, & Blades, 2005, p.123). The adverts explain why the product ranks well above the other products in the market and provide a direction on how to use the product (eHow, 2011, para.1). Largely, the advertisements have significant impacts on the usage of the products. Researches have shown that exposure to some advert increases the consumption of the advertised product (Gunter, Oates, & Blades, 2005, p.123). Ideally, this objective of advertisement (appealing to the public to buy the product) should apply to those products not associated with social problems. However, for products that influence the society, especially the underage, the advertisements only need to be informative. The adverts should indicate prices of the product as well as where they could be obtained. For the alcoholic drinks in particular, the advertisements should stress on the targeted age group and emphasis that they should not be sold to underage. The associated health problems also need to be in dicated in the adverts and containers of the products. Spykes and the company’ decision to stop its sales It is not appropriate to rule out that Spykes was a bad product. The company studied the market trend that had been recorded in the past. Its development acme about after the company had observed that taste was moving from their traditional domestic brands like Budweiser (Case study, p.497). The product was not developed to attract underage drinkers as per the criticisms. Instead, it was targeting the drinkers in the age bracket of 21-30 (Case study, p.497). Besides, the product had caffeine additive to improve on its energy content. It also had lower alcohol content than the wine; it had 12% alcohol content. The only mistake that the company did was that they did not emphasize on the age bracket that was targeted by the product. Even though the product was developed to attract the young adults, its sweetest taste was criticized to attract the teenagers. It is assumed tha t alcoholic drinks with high-energy content are popular among the teenagers (Case study, p.498). The decorations at the website were also seen as appealing more to the teenagers than adults. After all the criticism that was launched on the product and its advertisement, the company did the right thing to withdraw the product. The so-called â€Å"self-appointed† civil activists are very significant influential in the market as