Saturday, August 31, 2019
Analysis of Food Dyes in Beverages Essay
Purpose: To determine the concentration of dye in a sports drink using spectroscopy and graphical analysis. We will be using beers law to find the unknown concentration of dye in a sports drink. Materials: Beakers, 50-mL, 2-3 ; Test tubes (13 x 100)mm 3-8 ; FD&C Blue 1 stock solution, 50-mL ; Lens tissues ; Pipets, serological, 10-mL ; Sample of consumer sports drink, 10-mL ; Spectrophotometer ; Test tube rack Procedure: 1) Preeminently, follow all laboratory safety guidelines ensuring that you have safety goggles on at all times throughout the lab. 2) Fill the cuvette 2/3 of the way with water. 3) Select the appropriate wavelength on the spectrophotometer. 4) Place the cuvette in the spectrophotometer and click the calibrate button. 5) Put 5mL of stock solution into test tube. 6) Fill the cuvette 2/3 of the way with the first solution. 7) Place the cuvette in the spectrophotometer. 8) Wait a few seconds and record the absorption on your data table. 9) Put 4mL of stock solution and 1mL of water in a test tube to make the second solution. 10) Fill the cuvette 2/3 of the way with the second solution. 11) Place the cuvette in the spectrophotometer. 12) Wait a few seconds and record the absorption on your data table. 13) Put 3mL of stock solution and 2mL of water in a test tube to make the third solution. 14) Fill the cuvette 2/3 of the way with the second solution 15) Place the cuvette in the spectrophotometer. 16) Wait a few seconds and record the absorption on your data table. 17) Put 2mL of stock solution and 3mL of water in a test tube to make the fourth solution 18) Fill the cuvette 2/3 of the way with the fourth solution 19) Place the cuvette in the spectrophotometer. 20) Wait a few seconds and record the absorption on your data table. 21) Put 1mL of stock solution and 4mL of water in a test tube to make the fifth solution 22) Fill the cuvette 2/3 of the way with the fifth solution 23) Place the cuvette in the spectrophotometer. 24) Wait a few seconds and record the absorption on your data table. 25) After all data are collected, use them to formulate a graph identifying the linear relationship between absorbency and concentration. ââ¬âââ¬â Data and Calculations: Data recorded: Concentration(à µM): 5.63 4.344 3.288 2.172 1.086 0 Absorption: .462 .398 .294 .186 .082 0 Water (mL): 0 1 2 3 4 5 Stock Solution (mL): 5 4 3 2 1 0 Linear Regression: y = .088x ââ¬â .003 A = abc a = Molar absorptivity b = Path length of the sample cell c = Concentration Absorbency of Gatorade = 0.115 0.115 = (130.000)(1)(c) c = 8.85 x 10-7 Conclusion: In this experiment, we prepared solutions and used Beerââ¬â¢s law to analyze the concentration of dye in a beverage. The graph would provide the most accurate means to determine the concentration of an unknown solution and we know that absorbance measurements are most accurate in the range of A values from 0.2 to 1.0.
Friday, August 30, 2019
Double Entry Journal Example
ââ¬Å"Moushumi wonders how long she will live her life in trappings of student hood in spite of the fact that she is a married woman that sheââ¬â¢s as far along in her studies as she is that Nikhil has a respectable if not terribly lucrative job. It would have been different with Graham-heââ¬â¢d made more than enough for both of themâ⬠(Lahiri 254)| One of the main themes in this story is pressure. Throughout the story Gogol feels pressured by his parents to follow the Bengali culture, to marry a Bengali girl, to eat Bengali food and to live the Bengali lifestyle. Myself being of the South Asian decent, I can relate to Gogol as well. My parents expect me to marry a Sri Lankan boy because they believe a Sri Lankan boy can make me happy. They also want to continue to pass down our culture to newer generations. This quote foreshadows the breakup that is going to happen between Gogol and Moushumi because you can tell Moushumi isnââ¬â¢t happy with the life she lives with Gogol. Gogol is pressured by his mother to ask out Moushumi a Bengali girl. They end up getting married but as they spend more and more days together through individuation Moushumi realises that she is not happy and this is because she was pressured into marrying a Bengali. She made herself believe her and Gogol had a lot in common and that they had a good time with each other, but deep down inside she only married him because it was what her parents wished for (her to marry a Bengali man). It develops the plot because as she begins to compare Gogol to Graham she realises she isnââ¬â¢t satisfied and starts to cheat on her husband. Bengali parents ideology is that culture guides you in life, it helps find your place. Throughout the story Moushumi puts on a persona of being a happy wife, who is loyal to her husband. But she is really sad about her relationship with Gogol and she transgresses by cheating on him with a former friend. Cheating on Gogol was a good move for Moushumi because this is what helps her realise that she is not happy and in love with Gogol. Gogol is a proletariat who worked hard to become an architect but Moushumi seems to be more interested in men in the bourgeoisie class. She cheated on Gogol with a very rich man (Dimitri) who inherited his wealth through his grandma. Moushumi cheating on Gogol was good for Gogol because he becomes aware of his life and what he believes in. He slowly begins to realise that his parents had gone through the trouble of learning different customs such as Christmas dinners and other celebrations all for him. This relates to peoples everyday life because a lot of people come to Canada as immigrants but they slowly adapt to the country and itââ¬â¢s traditions such as Canada Day. Gogol realises that all the events that happened in his life have shaped him and determined who he is. Moushumi and Gogol lived in patriarchy because Gogol had more power over Moushumi. She turned down a grant offer that she had applied for even before she met Gogol. She knew that Gogol wouldnââ¬â¢t like her going to another country for a few months so she declined the offer. The other reason she dropped the offer was because she needed to take care of the house now that she was a wife. The story follows the stereotype of women cleaning the house and looking after the husband. Moushumi is portrayed as an object who listens to what Gogol says, but she slowly gains power as she begins to cheat and at the end she becomes the subject because she has the power and ends the relationship. | ââ¬Å"â⬠¦read the book he had once forsaken, has abandoned until now. Until moments ago it was destined to disappear from his life altogether, but he salvaged it by chance, as his father was pulled from a crushed train forty years agoââ¬Å" (Lahiri 290)| Another main theme is identities. Throughout the story Gogol only wants an American life, he decides to rebel against his culture by changing is name from Gogol to Nikhil. This quote develops the plot because it shows that by the end of the story Gogol gains more knowledge about his culture and slowly begins to accept it. When Gogol finally decides to read the book he is in the setting of his home specifically his room. This shows that throughout his journey (highschool/university) Gogol rebelled against his culture and it did nothing but brought him back to his own bed. The book Gogol`s father gives him is an anima symbol because it represents the feminine side of both Gogol and his father. Books are known to give information and to express ones feelings, this is also what females are known to do. By giving his son this book Gogol`s father is sharing his life story and how he felt about the train crash with his son. The train crash is a metaphor for life and death because the train represents how quick life really is and the crash represents the end of it. The symbol of the book developed the plot because without the book there wouldnââ¬â¢t be anything to symbolise Gogol`s fathers journey. After Gogol`s fathers passing Gogol becomes the subject in his house. Ashima and Sonia live under patriarchy because Gogol tells them what to do and what not to do. The story also follows the universal unconscious of men being the one to protect their families. As soon as Mr. Ganguli a hard working proletariat passes away everyone expects the son to step up and protect the family. Ashima doesnââ¬â¢t mind this because she is use to having a man protect her. This follows the stereotype of men leading the household and women just being objects and following. Women are represented as weak people in this story because they cannot do things for themselves and they always rely on men. In my household both my mom and dad have an equal say in everything that goes on, they both contribute there ideas. Also in the world today you definitely donââ¬â¢t always find men leading. Women are becoming leaders and filling many positions that are usually occupied by men. For example many women today are working in construction sites and are accountants or doctors. If I was Ashima I would learn to become more independent and not rely on men to do everything, this would give me a sense of pride because I would realise I can live my life without a husband. Ashima`s persona throughout the story is a caring mother who tries her very best to make her family happy. One key ideology in this story is education makes you a better person because it instils positive values. Gogol studied hard throughout university and finally became an architect. Throughout his education he gained positive values such as being very hardworking and intelligent and this helps him throughout his journey.
Thursday, August 29, 2019
Internal and External Factors Essay Example | Topics and Well Written Essays - 1000 words
Internal and External Factors - Essay Example Conversely, directing and controlling are about effective administration, inspiration, general evaluation and comparison of the outcomes with the intended ones. Thereby taking up the necessary corrective measures and installing the best of practices to achieve higher performances. This paper is an analysis of the effects that internal and external forces, as mentioned below, have on the above managerial functions. Globalization Globalization is an external factor. It is about businesses and organizations expanding their operations further than nationwide into worldwide markets. This means that the business will be producing and or offering goods and services in other foreign countries. Once an organization has acquired this status, its management style changes. For instance, the Siemens Company has to exercise an expansive planning whereby by it makes available all the logistics and the necessary capital to ensure it succeeds in all these markets. In its managerial functions, it has also to understand and consider all the legal and business cultures of the host countries. This may force the firm to deviate from its usual ways of operations. Globalization brings about increased rivalry since the global market is an arena for all businesses. The Siemens Company has therefore to carry out an expansive research to know exactly what its competitors are offering. It will furthermore strive to get the best technical and more qualified staff. On the other hand, its marketing activities will have to target the worldwide market. The implication of these is an increase in cost of operations. Technology Technology changes exceptionally fast and products that were fashionable at most a year ago have been rendered obsolete. The Company on its side has extremely minimum control over such revolutions. This is an external aspect that is mainly motivated by a fluctuating market and at the same time, these needs cannot be satisfied. This aspect has ever kept the Siemens Company o n toes in matters of research and development. Apart from spending large amounts of capital on this issue, the Company always has to review its plans, procedures and methods in accordance with the recommendations from the research and development department. Technology more often has dictated that the Company evaluates and changes its management structure to realign itself to the new goals and objectives (Reddy, Appannaiah, & Sathyaprasad, 2010). Just like globalization, technology would require the firm to acquire the most appropriate state of art plants and machineries. It will as well be obligatory to employ the most competent and skilled human resources to carry out these technological requirements. Technological progresses have changed the way businesses get in touch with their customers. Today companies involve directly with clients. This effect requires a revolutionized approach in management. It calls for the introduction of data base management systems in all spheres of ope rations. The overall effects of technology will be passed on to the Companyââ¬â¢s expenditure and as such may lead to cutting costs in other areas. For example, part of the work force may be laid off. Innovation Innovation is the ability of the firm to come up creatively with original ideas about new products, procedures and methods. Moreover, these ideas can be on how to improve on existing goods, action of events and techniques. It is therefore
Wednesday, August 28, 2019
Childhood Immunizations Research Paper Example | Topics and Well Written Essays - 250 words
Childhood Immunizations - Research Paper Example Awareness, support, and advocacy practices by nurses have gone over and above the mandated immunizations to encompass recommended immunizations (Cooper, Larson, & Katz, 2008). This process has impacted on leadership in nursing by revolutionizing the execution of health programs designed to improve health care and welfare of children and adults. Over the years, nurses have worked and collaborated with local, state, and federal authorities and agencies in formulating and implementing disease control and prevention measures (Kyle, 2008). Needless to say, such measures have encompassed child immunizations. In the process, childhood through adulthood immunizations registry has been developed. This has subsequently made childhood immunizations a traceable and effectively and efficiently managed health issue. In conclusion, the role played by the nursing fraternity in addressing child immunization as a health problem is fundamental. AAP (2006) argues that the role, contribution, and practice by nurses have resulted in a significant increase in immunization rates over time. Moreover, information completeness and accuracy have streamlined childhood immunizations even
Tuesday, August 27, 2019
Why Jails and Prisons Are Not Deterrents To Criminals Research Paper
Why Jails and Prisons Are Not Deterrents To Criminals - Research Paper Example 1055). This occurs more often when low risk offenders are placed together with high-risk offenders. Being in prison cuts ties with family members, which has a negative impact on the inmates. As a result, of severed ties with family, deviant bonds are strengthened within the prison society, and the pressure to abide by law is dampened. Prisons offer dangerous conditions in which an inmate has to live. These are in the form of brutalization; where guards utilize violence against inmates, and inmates use violence against each other which makes prisons one of the most dangerous places on earth. Violence against inmates by guards has severe psychological consequences (Pritkin, 2009, p. 1057). From it, a prisoner loses all sense of being human and, as a result, affects their sense of self worth. Apart from this, violence by prison guards causes the prisoner to feel that they do not belong in the outside world and, therefore, lowers the prisonerââ¬â¢s willingness to abide by the set laws. In addition, prisons promote the need to protect oneself due to the violence perpetrated there. Due to this, inmates create gangs to protect themselves; which then proceed to the outside world. Due to their sense of not belonging, they continue their violent activities from prison in the external world. Crowding in prisons is a common occurrence that has beaten the entire concept of deterring crime by locking prisoners in prison. Overcrowding leads to inefficient sorting, classification and monitoring of inmates. From this, the inmate population is not managed effectively which leads to increased rates of criminal activities such as sexual violence and rapes among prisoners. Overcrowding in prisons, also, causes strain on the few available resources (Pritkin, 2009, p. 1058). This is because; the resources assigned to the entire inmate population are not enough due to the high numbers
Monday, August 26, 2019
Consumer culture Essay Example | Topics and Well Written Essays - 3000 words
Consumer culture - Essay Example In marketing the notion concerning consumer culture has been incorporated because of its importance in the subsequent generations, more notably is the tie with capitalism where it is more driven with money though it is distinguished most by its focus on the satisfaction that is attained by purchasing or spending on a product or a service rather than its monetary value and the emergence of conspicuous consumption where there is development of leisure class and enhancement of social status through spending on property and material possession. Modern consumer culture came began to be evident during the industrial revolution attributed by the availability of a wider range of diversified products and services to the larger population and affordable prices therefore there individuals from the various classes developed varying ways consumption giving rise to the emergence of different distinguished consumer cultures (Lury 2011). With time as the globalization and internationalization took i nto effect consumer behaviors, values, and aspirations has changed and the consumption and spending on individuals do not depend entirely on the societal social status such as ranks, religion and social class. This trend has been attributed by the use of the good or a service and the non-monetary values derived from them thus restructuring the consumer culture social identities. The effect results of the varying consumer behaviors is highly determined by the producers need to sustained continuous consumption of these products and services thus importance of marketing becoming an issue of concern in the development of varying consumer trends of a particular product. Marketing has played an important role in the establishment and sustenance of modern consumer cultures. Marketing is considered to being the major force behind the consumer culture of individuals and various groups in the society therefore marketing is regarded by producers to have a significant influence that has the abi lity to transform consumer culture. Marketing has a pervasive influence and persuasive effect through its messages it has connecting the consumer needs with the available consumption opportunities (Lury 2011). Globalization is one of the features resulting from the influence of marketing on the consumer cultures; there is establishment of consumer market segments that are considered to being universal associated with various products, services, places and the diversified groups in the society and this brings about cross-cultural and transnational consumer cultures. The cross-cultural and transnational consumer culture provides that any individual or groups within the larger global society can be a consumer (Lury 2011). However the freedom and the non-constraints associated with this is determined and influence by the consumer material and resource aspirations. It is ideal to have a contemporary consumer society where there is endless choice of products and serv
Sunday, August 25, 2019
Impact of the Globalization Process in Different Fields Essay
Impact of the Globalization Process in Different Fields - Essay Example This essay outlines the significance of globalization process, that favorably resulted in the rapidity of change, together with different priorities of nations and people. Globalization has boomed in the aftermath of the oil crisis in the 1970s and it changed the relative costs of production inputs and products, gave new impetus to technological innovations, fuelled international financial transactions, as OPEC countries invested their surging revenues in the USA, changed the structure of trade. As economic force, globalization process makes multinational companies (MNCs) the principle vehicle of imperialismââ¬â¢s drive to re-divide the world according to economic power. Economic crisis that is considered to be the greatest since the times of the Great Depression can have negatively impact on the business environment. This is particularly true in countries in transition; moreover, foreign investments can make economics more uneven, with disastrous consequences for both the developing and developed countries. This polarization must be recognized by international business structures and governments through poverty alleviation programmes and strategies designed to reposition marginalized economies to make them possible to participate in current developments. The problem is that even small American enterprises to have an impact on the global market are to think, produce and sell globally. The so-called ââ¬Ëglobal firmââ¬â¢ have to link all the small enterprises into global webs of production, distribution and services. The process is rather long-term and complicated one, because the new business model has possess strategic flexibility, competition with co-operation, horizontal, decentralized work structures, and constant communication in real time. [Held D., McGrew A., Goldblatt D. and Perraton J., 1999] The re-organizational process has already begun, that's in why it has got an unstoppable power: it exists at all levels, including economics, politics, social and labor spheres. As economic force, globalization process makes multinational companies (MNCs) the principle vehicle of imperialism's drive to re-divide the world according to economic power. [Douglas I., and Tervio M., 2000] The process of integration of global financial markets has increased capital mobility and global production and distribution structures, but has also weakened the bargaining power of trade unions everywhere - the most key decisions are made by private business that deepened the increase of privatization; such policies have a potential negative impact on jobs and incomes everywhere. [Thomas T., 2000] Through the process of restructuring jobs in some sectors and places have been lost, but the relocation from developed to developing countries has influenced capital mobility and the locational choices of firms, which favors social stability, local infrastructure development, and market proximity. But from the social point of view, the existence of firms with a global reach and profile calls for new business ethics, and over-emphasises on efficiency and technology, that has affected the human element, causing depersonalization and spreading apathy. [Thomas T., 2000] In general, the global economy is to reform the labour market, and its outcomes are directly connected with the way these markets function, with the unionized and non-unionized sectors. There is a close
Saturday, August 24, 2019
Web Browsers Research Paper Example | Topics and Well Written Essays - 1750 words - 1
Web Browsers - Research Paper Example Over time their usability has increased. Though, their main function is to act as browsers for the web, they are also used in different networking solutions. The first web browser was introduced in 1993 by Marc Andreessen and Eric Bina. It was named Mosaic and made to run on UNIX platform (Rosen et al. 290). Mosaic Communications Corporation was founded and later named Netscape Communications Corporation and hence, the browser was renamed Netscape. Functionality was added over time and it was fairly simple. Various bundles were added along with the browser to improve its functionality and enable it to connect with an email client and for composing a webpage. In 1995, Microsoft countered Netscape with the introduction of Internet Explorer for its Windows platform. The browser was based on the original Mosaic browser. The two companies fought for dominance for almost three years and a race started between the two. This war for dominance is known as the Browser War (Ensor 164). Over this time new features were introduced and the development of feature rich modern browsers started. Microsoft gained dominance by including Internet Explorer fr ee in its Windows operating system and furthermore, developed a version for the UNIX foundation also available free of cost. Netscape could not sustain damages and was sold to Mozilla Foundation; the maker of Firefox. Over time, other browsers joined in the list. Most notable of them are Appleââ¬â¢s Safari, which was introduced in 2003 and the more recently Googleââ¬â¢s Chrome introduced in 2008. The major web browsers in use today include Internet Explorer, Chrome, Firefox and Safari. The basic functionality of all these browsers is to enable user navigation in a webpage. Different features have been added over time and they are all different from each other in operation, features and interface. The most common features besides supporting HTML files include; built in search
Evaluation of a Foodservice System Case Study Example | Topics and Well Written Essays - 500 words
Evaluation of a Foodservice System - Case Study Example Casa Brusco opened only a few months ago. The pricing of the menu is medium to high. Portions are plentiful and the General Manager feels that the menu should change with the seasons. Likewise for the dcor although to a lesser extent. The restaurant has a cozy atmosphere with dim lights which enhance the brick pizza oven. The bathrooms are well appointed. I interviewed Diana Bonsignore, the general manager who explained that because the restaurant just opened, there is a tight budget and therefore much of the work falls upon her shoulders. She is clearly exhausted and spends eighteen hours per day in the restaurant. Her salary is $100,000 per year. She is in charge of hiring however feels that the owners are employing their friends as wait staff and these employees are inexperienced. Indeed, during our interview, she continuously had to break our dialogue to answer calls. The restaurant's vendors include soft drink companies and a specific company which deals with alcoholic beverages. Although the price for these items is industry standard, the owners never pay the bills and she finds herself consistently cut off from ordering supplies due to nonpayment. Her chef has no formal training and is obstinate when a customer complains about an order.
Friday, August 23, 2019
Proposal Essay Example | Topics and Well Written Essays - 2000 words - 3
Proposal - Essay Example The section of methodology would attempt to highlight the methods that can be used to gather data especially from secondary sources in a bid to explore the forces that often influence consumer behaviour to buy brands or products associated with Arsenal FC. The major aims of the study involve an investigation of how the behaviour of the consumers is influenced by sponsors of Arsenal football club. The study would also aim to highlight the impacts of sponsorship on soccer and how it affects the performance of clubs and how it yields the overall behaviour of consumers in the UK. The study is very significant in that it would attempt to investigate the behaviour of the consumers if it is influenced by the sponsors in any way as far as soccer is concerned. The study would also aim to investigate the impact of sponsorship on the performance of football clubs. Arsenal Football Club (FC) is a UK based English Club which plays in the Premier League and is regarded as one of the richest and most successful clubs as far as English soccer is concerned. The club was founded in 1886 and is also popularly known as the ââ¬ËGunnersââ¬â¢ which spot traditional white and red colours. Thus, according to information obtained from Arsenal FCââ¬â¢s website, they have a record of winning thirteen titles in the first division as well as thirteen Premier league titles. They have also won a record ten FA cups and two League cup winners as well as eleven charity/community shield winners among others in their history and this makes them one of the most highly rated clubs in English football. The Premier League therefore is the worldââ¬â¢s most watched league and the most prestigious according to the Premier Leagueââ¬â¢s website. It attracts players from virtually the whole world and was established in 1992. Since its inception, the Premier league has strove to attract quality
Thursday, August 22, 2019
Memory Cost Essay Example for Free
Memory Cost Essay Over the past 30 years the cost of Electronics has steadily decreased. The cost of electronic storage has decreased greatly over the past 30 years as well. In this paper I will be talking about the decrease in the cost of RAM and Hard Drive Storage, how much will a 100TB HDD will cost when it becomes widely available in the future, and how much memory I will be able to buy with $100 in 10 years. In 1956, IBM created the first commercial Hard Drive called the IBM 305 RAMAC which held 5MB and cost a whopping 50 thousand dollars! Electronic storage started being more widespread during the early 1980ââ¬â¢s, but it wasnââ¬â¢t until the 1990s that RAM and Hard Drive Storage begin to be cheap enough for the average person. Back in 1981 the price for one MB of Hard Drive storage space was $340! Most people couldnââ¬â¢t afford a computer back in the 1980ââ¬â¢s because of the huge cost. Through the 1980ââ¬â¢s the cost per MB fell from around $340 during 1981 then to $40 per MB in 1988, and finally to $9 per MB in 1990. The cost of one Bit of ram in 1981 was 0.000425 cents, in 1988 it was 0.000005 cents, in 1995 it was 0.000000158 cents, in 2000 the cost per Bit was 0.000000063, and in 2013 the cost per Bit was 7.910^-10 cents. To get an understanding of how much memory will cost in the future and when 100TB hard drives will become commercially available, we have to take a look at how the price for memory has gotten cheaper over the past 10-30 years, the ever increasing amount of storage space that can be squeezed onto a hard drive platter, and take in to account the rapid growth in the technology field. According to Chris Mellor in his article (http://www.theregister.co.uk/2013/11/01/hp_memristor_2018/) technology giant HP announced that 100TB hard drives could be available as early as 2018. I firmly believe that in 4 years by 2018 there will be 100TB drives for sale to the public but they will probably be very expensive till they go into mass production. In 10 years, we will be able to buy a hard drive with a phenomenal amount of storage space. From 1990 toà 2014 the price has gone down exponentially from $9 per MB to under 150 MB per Cent! If we follow that exponential trend we are looking at hard drives that can hold over 100TB that cost fewer than 100 dollars, while the RAM will decrease in price slower. In conclusion, the cost of Storage such as RAM and Hard Drives has gotten very cheap, from over $500 per MB to 5 cents per GB! We will see a continual decrease in the cost of electronic storage and an increase in the amount of storage in smaller packages. Picture Citation: http://www.aei.org/publication/chart-of-the-day-the-falling-price-of-memory/ Citations http://ns1758.ca/winch/winchest.html http://www.theregister.co.uk/2013/11/01/hp_memristor_2018/ http://www.jcmit.com/memoryprice.htm
Wednesday, August 21, 2019
What are the main risks faced by banks and how does a bank attempt to manage these risks?
What are the main risks faced by banks and how does a bank attempt to manage these risks? What are the main risks faced by banks and how does a bank attempt to manage these risks? All companies which have a profit maximising objective hold a certain degree of risk whether through microeconomic or macroeconomic factors. Banks also face a number of risks atypical of non financial companies due to the payment and intermediary function which they perform. Recent changes in the banking environment has lead to an increased pressure to maximise shareholder value, this means that banks take on a higher risk in order to gain a higher return. It is due to this increased pressure and market volatility that banking risk needs such effective management to ensure the banks continued solvency. Risk can be defined as an ââ¬Å"exposure to uncertainty of outcomeâ⬠measured by the volatility (standard deviation) of net cash flow within the firm. Banks aim to add equity to the bank by maximising the risk adjusted return to shareholders highlighting the importance of fully considering the risk and return business equation. Exposure to risk does not always lead to a loss, pu re risk only has a downside from the expected outcome but speculative risk can produce either a better or worse result that expected. Credit risk is the risk that the counterparty will fail to repay the loan in part or full. This includes delayed payments or any default on the loan agreement. It is widely know that credit risk is one of the most damaging risks to banks, for this reason there is usually a separate credit department run around a credit culture of the managements views. The objective of the credit department will be to maximise shareholder value added through credit risk management. To manage credit risk banks do sometimes take a security over the loan such as property or shares which the bank can take possession of in the event of default on the loan agreement. If the market prices of the security become volatile the bank may ask for more security to offset the probability of marginal default increasing. Credit constraints are implemented to make sure there is a restriction on certain loan agreements to a specific category of borrower, well defined credit limits will reduce the risk of adverse selec tion. Pricing the loan is a technique which uses a risk adjusted premium to determine the rate of interest on a loan, with the riskier the loan the higher the premium, although a higher interest rate may increase probability of default so must be monitored regularly. The final credit risk management method is to reduce credit losses by building a portfolio with diversification between low and high risk lending. This essentially offsets high risk and return lending with low risk and return lending to minimise any losses incurred. A similar but more specific concept to credit risk is sovereign risk involving risk that a government will default on a loan agreement from a private sector bank. This case is unusual because if a government sates that the default is due to movement of resources to resolve domestic issues it can declare the loan agreement void due to immunity in the legal process, this will barrier debt recovery through the taking the possession of assets and often leave the bank with partial or full loss of the loan. Debt repudiation is an extreme case where the government no longer recognises their debt or obligations to creditors. Due to problems and the high risk associated with government lending a foreign currency sovereign credit rating was defined in an attempt to enable informed investor lending decisions. An interest rate is a premium paid in order to consume resources in the present rather than at a later date. Interest rate risk is loss or gain in the value of a position due to changes in the interest rate, it is a speculative risk because the changes in interest rates can lead to both a positive and negative result. There are two types of interest rate which are fixed rate and rate sensitive, the simpler form of risk lies with fixed rate assets and liabilities because a change in the interest rate above or below the fixed rate with lead to a loss or gain in capital. Simulation approaches are highly complex and involve an assessment of the potential changes of interest rates on earnings, future economic value and impact on cash flow. Static simulations assess only the cash flow of on and off balance sheet activity, whereas dynamic simulations build a model predicting the future changes of interest rates and expected changes in the banks activity. The best known interest rate risk m anagement method is gap analysis. This is a detailed analysis of the gap between interest rate sensitive assets and interest rate sensitive liabilities over a specific duration. A rate sensitive asset or liability is defined by an asset or liability in which the cash flow changes in the same direction as interest rates. The changes in interest rates have a detrimental effect if there is a mismatch between rate sensitive assets and liabilities, this is because if the level of rate sensitive liabilities is higher than rate sensitive assets, an increase in interest rates will lead to less profits. High quality interest rate risk management can effectively increase or decrease the gap in order to maximise revenue. Operational risk is defined at the risk of loss from a breakdown in internal processes and/or management failure. This can occur through different events such as a law suit, systems failure, or damage to assets and its effects can lead to an increase in unsystematic market risk and liquidity risk. Although there has been significant importance placed upon operational risk there is at present still no clear method of measuring its risk and effects on a general basis. The Basle II provided three suggested methods of calculating the operating risk of a firm. The basic approach allocates capital using gross income as an indicator for the banks exposure to operational risk. The Standardised approach divides the bank into business units and lines and uses individual indicators to calculate a department specific level of exposure to operational risk. The final method of calculating operational risk is the internal measurement approach which allows each bank to use individual internal loss data to determine the capital allocation. Market risk is the risk of movement in the price function of financial instruments, resulting in the loss/gain in value. It is a speculative risk, measured by the probability in potential loss/gain in value of a portfolio. The risk occurs in two separate forms; Systematic market risk is caused by the price movement of all financial instruments due to changes in the macroeconomic climate. Unsystematic risk occurs when an instrument moves out of line with the rest of the market due to internal factors with the issuer. Systematic market risk can be prepared for in event of downturn in the economic climate by capital allocation to the specific risk calculated by the risk adjusted rate on capital. Value at risk is a measure of potential losses incurred to a portfolio due to adverse market price movements often used in risk management. Unsystematic risk can be offset by diversifications of investments into several different countries and/or industries affectively spreading the risk in att empt to avoid huge losses in specific sector investment. The diversification of investment into foreign countries may increase the potential probability of currency risk. Exchange rate flexibility exposes all firms with a short or long term position in any given currency to currency risk. Globalised markets have lead to increases in multinational firms and foreign investment, increasing the level of foreign exchange and political risks. Any exchange of money in a currency other than the firms home currency would be expressed as a purchase of foreign currency. Foreign exchange transactions can involve many forms of on and off balance sheet financial instruments. Duration analysis can be used to compare the value of foreign bond to the foreign or domestic currency interest rates. Measures of net risk exposure for each currency can be assessed using gap analysis and will be equal to the difference between assets and liabilities in each currency. Political risk arises through the risk of political interference in the operations of a private sector bank, the exposure of which can range between interest rate and exchange regulations to the nationalisation of the financial service industry. The main factors which have been stated as to affect political risk is internal or external armed conflict, democratic government, and government stability. The level of Liquidity risk can affected by many of the other risks and is defined as the risk that the bank will have insufficient liquid assets on its balance sheet and is therefore unable to fulfil financial commitments without the sale of assets; this is generated from a mismatch in size and maturity of assets and liabilities on the balance sheet or due to loan defaults with a surge of depositor demands. Day to day liquidity risk (funding risk) relates to the daily withdrawals and is predictable due to low depositor withdrawals, if there was a surge of withdrawals then many banks would rely in loans from the interbank market to cover the short term illiquidity. A more unpredictable risk also arising from increased depositor withdrawals is a liquidity crisis. The increase in withdrawals often stems from lack of confidence in the bank, this situation will force the bank to borrow at an elevated interest rate or rely on central bank intervention and deposit insurance to avoid a run . In this situation the central bank can provide provisions in the form of high interest loans or advances, however this is costly and can further damage the banks reputation. Ideally the bank could use a method of maturity matching to guarantee liquidity and eliminate the funding risks. This is the coordination of cash flow by matching the maturity of an asset with the maturity of a liability. This is unlikely to be a widely used approach as asset transformation is a key source of banking profit. Usually the bank will hold a certain level of liquid assets to reassure creditors and signal to the market that the bank is doing well, an increase holding of liquid assets will avoid the liquidity problem but due to a trade off between liquidity and profitability lower return on investments. The most widely used technique of managing banks liquidity is Gap analysis, the liquidity gap is defined by the difference between net liquid assets and unpredictable liabilities. This gives the abili ty to monitor available capital over time. Financial services differ from other firms because of the high level of financial risks that they assume through the payment and intermediary functions. It is therefore critical to manage the risks faced to ensure solvency and to maximise the firms value added. In some cases the management of an individual risk can have a positive or negative effect on another risk which shows that they are not mutually exclusive. Many of the main financial crises have risen from a combination of risks surrounding losses due to poor credit risk management, it is important to highlight diversification of a portfolio and asset liability management as influencing factors in effective risk management as they can reduce the probability of several risks. In the future it is important to continue developing new formal and quantitative risk management processes to ensure continues solvency within the financial services industry.
Tuesday, August 20, 2019
Unknown Ionic Compound Preliminary Lab
Unknown Ionic Compound Preliminary Lab Discussion of Results and Scientific Explanation The main goal was to identify the unknown compound, which was MgCl2, better known as Magnesium Chloride. Before knowing what the unknown was, we had several test that needed to be done in order to determine the unknown compound. To find the identity of the compound we did various experiments for example, we observed the physical properties, tested the qualitative and quantitative solubility, did a cation and anion test and tested the conductivity of the compound. First we observed the unknown from its physical properties. It was white and had a rough and grainy feel to it. It was also observed as a solid and did not have a smell. All of these properties suggest that the compound was ionic because ionic compounds do not have a distinct odor and are solid at room temperature because of their high melting points. The unknown compound was then tested for solubility in water, toluene and acetone. The compound was soluble in water, indicating the compound was either a polar or an ionic compound, and not as soluble in toluene or acetone which points to the compound being more ionic. Once finished observing the unknown, we tested for pH. To do this, we the unknown with water and used litmus paper to determine whether it was an acid, base, or neutral. The litmus paper showed us that the unknown had a pH of 7, so it is a neutral compound. We then tested the conductivity. To do this we test the solution with a voltmeter in order to determine whether or not the compound can withstand water when it is dissolved. If the compound was to be conductive in water, it would dissolve and then produce an electric current. Once the compound was dissolved, it was then tested with a voltmeter that produced a voltage of -0.20 volts. This is important information because it shows that the compound was ionic since only ionic compound dissolve in water and produce and electric current. During the quantitative testing, 20.521 grams of unknown was mixed with 17 mL of water and that was then put into an Erlenmeyer Flask and stirred. It was left for one week to see if it would dissolve or have any change at all. Once checked, there was no precipitate, so we performed the test again. This time we used 19.085 grams of unknown and mixed that with 10 mL of water and we are currently in the process of waiting for the results. Checking the mixture before leaving, it seemed to be showing some type of precipitate, so we are hoping that this test works better than the first. Next to determine one of the elements within the compound we tested for anions and cations. First we tested for cations and in order to do this we performed a flame test and an ammonium test. To start the flame test, the nichrome wire had to be cleaned by heating it over a flame to ensure our results are not contaminated. A solution of water and the element was used to place the nichrome wire in, and then the nichrome wire is placed into the flame. If the flame produces a color it is indicative of a certain metalloid ion or metal. A color is produced in the flame when the heat of the flame changes the metal ions into atoms, which then become excited and produce light that can be seen with the naked eye. Once we tested the unknown in the flame to, it was determined that there was no color change, which lead us to believe that our unknown has to be a compound with Magnesium. 1 mL of the unknown solution was placed into a test tube and 1 mL of NaOH (6 M) was added. A pH paper was placed on a watch glass using water to help it stick. The watch glass was placed on the top of the test tube. If ammonium is present, the water will dissolve resulting in a higher pH. Going into next lab, we will finish up the quantitative testing. To do this, we will use a process called vacuum filtration. This is done by pouring the mixture of the unknown and water through filter paper and letting the water drain into a funnel and hoping that a precipitate is presents and is collected on the filter paper. Conclusion: Although this process takes time and can be confusing at time, it is very simple to do. Figuring out how to determine the unknown with the test preformed here was difficult at one point, but in the end, the test(s) showed that Magnesium Chloride was the unknown solution.
Monday, August 19, 2019
Cold War Essay -- essays research papers
After World War II, Stalin did not remove his troops from Eastern Europe as he pledged he would in the Yalta Agreement. Instead, he setup ââ¬Å"puppet governmentsâ⬠which did exactly as Mother Russia stated. To protect itââ¬â¢s interests for national security, the American Dream, and the belief that all people should have the right to a democratic life, complete with liberty, equality, and a representative government. Also playing a large part in Cold War tensions was the US interest in protecting its profitable foreign markets. The spread of communism challenged every one of these US aimââ¬â¢s, and therefore the US became convinced it had to stop this spread. The deliberate opposition to the spread of communism to capital countries is known as containment, which the US adopted in the late 1940ââ¬â¢s. The US believed it must do everything in its power to uphold containment and save itââ¬â¢s peoples way of life. Another theory that soon surfaced that was related to t he containment theory was the domino theory, which stated that as one small country fell to communism, surrounding small countries would also fall to communism rapidly. à à à à à In the spirit of containment, strongly supported by President Harry Truman, was the main driving force behind the Korean War. Along with containment as a force was American Pride. After World War II and after Japanese occupation, Soviet troops moved in to North Korea, and the US moved in to South Korea. Each setup and supported its own go...
Sunday, August 18, 2019
Measure For Measure :: essays research papers
Shakespeare's Measure for Measure can be seen as an early account of sexual harassment. While the issue of women's rights had hardly been explored at the time the play was first performed, Measure for Measure touches on issues of sexuality, independence, and the objectification of women. Despite these serious issues, the play is considered a comedy, and the story it tells is filled with amusing characters as well as broad sociological questions. The plot centers around the fate of Claudio, who is arrested by Lord Angelo, the temporary leader of Vienna. Angelo is left in charge by the Duke, who pretends to leave town but instead dresses as a friar to observe the goings-on in his absence. Angelo is strict, moralistic, and unwavering in his decision-making; he decides that there is too much freedom in Vienna and takes it upon himself to rid the city of brothels and unlawful sexual activity. Laws against these behaviors and institutions already exist, and Angelo simply decides to enforce them more strictly. Claudio is arrested for impregnating Juliet, his lover, before they were married. Although they were engaged and their sexual intercourse was consensual, Claudio is sentenced to death in order to serve as an example to the other Viennese citizens. Isabella, Claudio's sister, is about to enter a nunnery when her brother is arrested. She is unfailingly virtuous, religious, and chaste. When she hears of her brother's arrest, she goes to Angelo to beg him for mercy. He refuses, but suggests that there might be some way to change his mind. When he propositions her, saying that he will let Claudio live if she agrees to have sexual intercourse with him, she is shocked and immediately refuses. Her brother agrees at first but then changes his mind. Isabella is left to contemplate a very important decision. Isabella is, in a way, let off the hook when the Duke, dressed as a friar, intervenes. He tells her that Angelo's former lover, Mariana, was engaged to be married to him, but he abandoned her when she lost her dowry in a shipwreck. The Duke forms a plan by which Isabella will agree to have sex with the Angelo, but then Mariana will go in her place. The next morning, Angelo will pardon Claudio and be forced to marry Mariana according to the law. Everything goes according to plan, except that Angelo does not pardon Claudio, fearing revenge.
Effects of Divorce on Children Essay -- Divorce Marriage Psychology Es
The Effects of Divorce on Children The statistics for divorce in the 1990's suggest that nearly sixty percent of marriages end in divorce. Given this startling figure, the presumption can be made that many children will experience some effects caused by the life-changing event called divorce. What is it exactly about divorce that causes negative consequences for these children? In what ways will these children be affected? Will these effects show outwardly? The unsettling fact is: young children of divorced parents face great psychological challenges due to the environmental conditions and changes associated with divorce (Wolchik and Karoly 45). When we pass the year 2000, we will see two groups of working age adults emerging. One group will have received psychological, social, economic, educational and moral benefits and the other group will have been denied them all. The first group will have grown up with both parents present in the house and the second group will have not had both parents present. Parental conflict appears to have a pronounced effect on the coping efforts of children. The intense anxiety and anger between some parents in the early stages of divorce is real. Often times parents allow their children to get in the middle of fierce verbal fighting between them. Berating the other parent in front of the child is another way of placing the child in an unfair position, which in essence is expecting the child to choose between the parents. Any form of parental conflict, no matter to what degree, lends to a difficult adjustment period for children involved. (Jekielek 1-3). The deterioration in parent-child relationships after divorce is another leading cause in psychological problems for children. With a divorce comes a parenting plan of some kind. A child may experience shared custody between both parents or custody by one parent with visitation by the other parent. Variations of these plans can be included or added at different times in the child's life depending on special circumstances. More often than not, the mother is awarded custody of the children. The absence of the father on a full time level is detrimental to the healthy development of the children. In the case that the father is awarded custody of the children, the opposite applies as well. Studies have shown that a decay in custodial parent-child relationships may freque... ...e to try and take the place of my Dad. But sometimes when she's dating one man a lot and he's nice to me, I can't help wishing he was my Dad. I told her that if she did ever want a husband, I have a list of choices and it would be nice if she could pick someone who could help me play with my computer. I wouldn't mind if my Dad got remarried because maybe they'd have another kid and to tell you the truth I would really like to have a younger brother. But I wouldn't want my Mom to have a baby because it would live with us and then I'd have to share all my stuff. Still, what I really really want, deep down, is that my Dad doesn't get remarried and my Mom doesn't, either. What I'm just hoping and hoping more than anything is that they'll get back together again" Works Cited Diamond, Susan. Helping Children of Divorce. Furstenberg, Frank F. "Children and family change: Discourse between social scientists and the media." Jekielek, Susan M. "Parental conflict, marital disruption and children's emotional well-being." Krementz, Jill. "How It Feels When Parents Divorce." Wolchik, Sharlene A., and Paul Karoly "Children of Divorce Empirical Perspectives on Adjustment."
Saturday, August 17, 2019
How Would you physicalise a charcter from a play Essay
Too physicalise a character from a play you need to have studied the specific character in a reasonable amount of detail, so you can portray them correctly. To do this effectively you need to do various exercises, all which will help you grasp the character the best you can. There are several methods which can help you to understand a character eg: Hot Seating, Spider Diagrams, and Workshops etc. In our lesson we explored the character by Hot Seating, Character Profiles and other exercises. Hot seating is an extremely effective method, as it puts you on the spot answering various questions in your characters persona. It helps lock in the information about the character youââ¬â¢re playing. You need to understand the questions being asked from your characters point of view so you can understand who your character is and why. We used this method in our lesson, and i found it was an effective way of physicalising a character. Another exercise we did in class which was effective was one where we were told to hold a pose in the form of our character then walk around the room in the characters style. This is a great exercise because although Hot Seating, Profiles are good they focus mainly on the psychological side, where as this focused on the physical aspect of the character. Character Profiles I believe are an essential tool in bringing a character to life. Because it allows you to go deep in to the information about the character, their background, family life, nationality etc. These aspects are what form how a character behaves and why they feel certain things. For example Stanley in Street Car Desire, has a particular hatred for being called a ââ¬Ëpolakââ¬â¢ as his family originates from Poland and deems the phrase derogatory towards them. Spider Diagrams are effective in showing your characters relations with other characters in the play. These are essential to know as it may influence why the act a certain way around someone. How did you explore the use of Verbal and Non=Verbal.
Friday, August 16, 2019
The effect of performance management systems on employee engagement
Introduction Background Prior research has established the positive effects of employee engagement in the workplace, not only for the organisation in its entirety but also for the wellbeing and productivity of individual employees (Kahn, 1990). It is therefore of paramount importance that research correctly identifies the factors which give rise to increased employee engagement and investment in their job. Rich, Lepine and Crawford (2010) found in a study of 245 fire fighters that engagement, conceptualised as the investment of oneââ¬â¢s complete self into a job role (the degree to which a job role is integrated into a personal construct) was a significant mediator in the relationship between value congruence, perceived organisational support, core self-evaluations and the dependent variable: job performance dimensions. Aside from the obvious benefits, including increased productivity and employee initiative, this also suggests that there are psychological perks for employees with higher rates of engagem ent. Increased self-efficacy, job satisfaction, self-esteem and morale have been found to be direct consequences of higher rates of employee engagement (Bakker and Schaufeli, 2008; Harter, Schmidt and Hayes, 2002). Employee wellbeing in the workplace is known to correlate with positive business outcomes (Harter, Schmidt and Keyes, 2003). Overall, engaged employees are more likely to view their job as meaningful, their management and leadership as above average, have better perceptions of their own ability to perform their duties and are more likely to be satisfied with their jobs, leading to a greater work ethic and better performance (May, Gilson and Harter, 2004). The research question The research problem we are facing is to determine the antecedents of employee engagement in the workplace. The questions that will be used to investigate this will query the relationship between management policy and employee engagement. The objective of this study will be to determine whether performance management strategies used by companies affects in any capacity the tendency of employees to fully engage themselves in the workplace. The experimental hypothesis will be that increased use of performance management strategies in the workplace increases rates of employee engagement. Performance management is the independent variable and employee engagement will be the dependent variable. This will establish whether one significant facet of management policy affects employee engagement; an important factor in predicting effectiveness in the workplace. However there are other factors which could potentially influence the dependent variable (employee engagement) which are beyond the scope of this study. There may be many aspects of the individual and their chosen career which affect how engaged they are regardless of management policy. In addition, Saks (2006) found that multiple facets of how an organisation handles employeesââ¬â¢ work ethic determines how engaged they are in the workplace, including how much training is provided and perceived effectiveness of procedural justice at work. Isolating performance management will be one step in building a framework to more fully predict employee engagement. If the anticipated effects are discovered, this would be valuable information for businesses wishing to enhance employee productivity and satisfaction using the medium of employee engagement. By establishing the antecedents of employee engagement it will be possible to fill in another gap in the overall model presented by research to predict positive business outcomes. It has been vehemently established that employee engagement can indirectly affect this outcome, but the influences resulting in greater engagement have received relatively little attention. Performance management in particular was chosen since it encapsulates something that is under the direct control of businesses, and will therefore potentially offer an immediate and practical means for businesses to affect employee engagement. Literature review This section will incorporate definitions of the variables involved and the theoretical context of employee engagement and its antecedents. It will also cover some of the research into other factors besides the independent variable for this study which could reasonably affect the independent variable. Employee engagement The definition of employee engagement is surprisingly ambiguous in the literature, which led Macey and Schneider (2008) to gather and categorise the various definitions found in research. They found that authors generally referred to engagement in one of three broad domains; psychological state engagement, behavioural engagement and trait engagement. The effect of management, leadership, company policy and any performance management strategies employed by the business are of course effective only at the behavioural and psychological state level; trait level engagement is innate and relatively constant in each individual, and arises from various psychometric variables. The conceptualisation we shall settle on for this study will therefore involve only the psychological state and behavioural levels, since the primary independent variables of interest involve factors the business can influence to increase employee engagement. Theoretical context for employee engagement Within a theoretical context, employee engagement fits well into the explanatory remit of self-determination theory (Deci and Ryan, 1985). This theory postulates that different forms of motivation exist; autonomous regulation refers to all volition which originates from genuine internal desires, as opposed to controlled regulation in which the source of the impetus to act is external. In terms of engagement at work, autonomous regulation is desirable, as it results in greater initiative and productivity at a task. According to Meyer and Gagne (2008), who explored the underlying psychological mechanisms of autonomous regulation in the workplace, the key lies in satisfying basic psychological needs for competency, autonomy and relatedness. Performance management systems are likely to be a part of building the work environment which successfully cultivates these feelings in employees; giving them a sense that their needs have been met. Although of course there is certainly more involved in determining the extent to which employees are personally involved in their work than need satisfaction. Intervening factors are likely to include employee personal circumstances and the current economic climate. Performance management For the purposes of this study, the definition of performance management shall be the degree to which intervention by the business occurs to ensure recognition of above average performance, and involvement with offering incentives for increased productivity and work ethic. All other variables listed above which have been identified as causal antecedents of engagement will be considered as confounding variables in this study, and will be controlled for as far as possible. According to Roberts (2001), performance management involves the setting of objectives, the use of appraisal systems, reward strategies, training and feedback. This is a definition that can be more easily operationalized as the components are clearly divided which will make development of measurement scales for each subset simpler. Therefore these are the components that shall be measured as the independent variable in this study to make up performance management. Theoretical context for performance management Performance management affects employee perceptions and attitudes, which subsequently affect performance (Hartog, Boselie and Paauwe, 2004). This fits in with the theoretical framework which places employee engagement as reflecting attitudes and the meaning ascribed to job roles. It is therefore logical to expect that higher levels of implementation of performance management strategies would be significantly related to employee engagement. Although this theoretical framework does not leave much room for the inclusion of the position individual employees ascribe to their jobs in their lives. It is relatively simplistic in terms of modelling the expected effects, and there are likely to be confounding variables. Intervening variables Research has uncovered some general factors which contribute in various magnitudes to the level of employee engagement. Job characteristics (van der Broeck, Vansteenkiste, de Witte and Lens, 2008) perceived organisational support (including leadership), procedural justice, learning and training opportunities and performance management strategies (including rewards and recognition management) are all important in predicting the level of engagement an employee is likely to exhibit (Saks, 2006). This study will address one aspect of the bigger research question then; the explanatory power of performance management over employee engagement will be established. The issue will require further research to account for other possible influences on engagement, and potential interaction effects between independent variables. The originality of this study then lies in the examination of a relatively newly recognised concept (employee engagement) and shedding light on the specific relationship it has with performance management strategies, independent of other influences. Methodology This section will describe the proposed method of examining the experimental hypothesis, including how data will be gathered, what will be measured, and how the data will be analysed. Design and procedure Since the sample is limited to one business many confounding variables such as differing job demands and organisational structure can be eliminated. The samples will be taken from historical data, from employees working within a business with relatively low levels of performance management compared to similar organisations. The business under study will have to be one which has at some point implemented a new, more involved performance management strategy; this is how the independent variable will be manipulated. Both levels of employee engagement and performance management will be measured before the implementation of the new performance management strategy to serve as the control data. After the new strategy has been imposed and levels of performance management have increased in the business, the independent and dependent variable will be measured again, and this data will serve as the experimental condition. To establish the persistence over time of any significant differences in the dependent variable found to result from the change in performance management strategy, three samples will be taken at six month intervals after the implementation of the new strategy. If there is any initial difference in employee engagement between the samples immediately before and after the new strategy comes into for ce, the subsequent samples taken after the strategy has been present for some time will tell us about the long term effects of increasing performance management, otherwise the possibility remains that any effects are merely short term and fade when employees become accustomed to the new system. This will therefore be a repeated measures design. The rates of employee engagement will be compared between temporally differing samples, which will determine if changing levels of performance management alone were sufficient to affect a change in engagement, and how any effects persist, weaken, or strengthen with time. Participants Data will be gathered from secondary sources extant in the literature. The ratings of employee engagement and performance management strategies will be gathered from employees and managers working within the same business. Model specification The model we have to test (based on prior research in the area) places employee engagement as dependent in part on performance management. An a priori power analysis will be conducted on previous studies examining employee engagement to determine the expected effect size. Operationalisation of variables Performance management will be defined as the number of rewards and punishments handed out by senior management, the amount of time employees spend in training, and how often employees are appraised. Employee engagement will be measured with subjective rating scales and peer ratings. Analysis Statistical analysis of this data would include one-way analysis of variance. First performance management would be measured in each group to ensure that in reality there was a change due to the implementation of the new strategy. Then the degree of variability in engagement can be examined between conditions. The relative impact of increasing performance management can be examined in the short and long term, which could help in our theoretical understanding of the psychological underpinnings of any effects observed; if the effects change over time, this will provide clues for future research to investigate, and give use evidence to speculate further on why the change took place. This method of statistical analysis will allow for simple comparisons between control and experimental groups, and for different levels of the experimental condition, in this case the amount of time elapsed after the implementation of the new strategy. Limitations Since the data will all be gathered from the same business, many confounding variables will remain constant between groups, however this means the findings may be less applicable to other business contexts. There is also the fact that a substantial time will have passed between conditions, meaning there may have been other changes other than the independent variable under study, which could confound the results. All other pertinent factors will be investigated and accounted for in the final report to ensure they remain as consistent as possible. It is also essential to recognise the fact that different individuals harbouring different internal traits and psychological dispositions will be motivated to engage in their workplace by different factors which are meaningful to them personally. This is especially true between individuals with radically differing job characteristics and duties since they are likely to have different expectations of their job, and view their relationship to their job role differently. However the influences on engagement cited here have been shown to be generally applicable despite differing job roles. Psychological factors of unique individuals may also play a role in shaping how well specific employees fit into their job role. May, Gilson and Harter (2004) found that perceived meaningfulness of job role, perceived safety at work (including co-worker relations and perceived job security) and availability of psychological resources relevant to job demands are all positively correlated with employee engagement. Such factors may be positively influenced directly by effective performance management but are otherwise outside the scope of this study. The fact that different employees are likely to have been used between conditions (due to the time elapsed) could also pose a problem due to their potential to have very different opinions, experiences and traits relevant to their work life which could influence employee engagement. Limitations include the fact that not all influences on the outcome variable have possibly been considered in the analysis, although there are good theoretical grounds for including the variables that are present. There is likely a myriad of intervening factors affecting how much employees engage at work, but focusing on ones that are immediately under the control of the business administrators and relatively logistically sound to implement makes the most sense as a starting point for this line of research. References Bakker, A. B., & Schaufeli, W. B. (2008) Positive organizational behavior: Engaged employees in flourishing organizations. Journal of Organizational Behavior, 29(2), 147-154 Den Hartog, D. N., Boselie, P. and Paauwe, J. (2004) Performance management: a model and research agenda. Applied psychology, 53(4), 556-569 Harter, J. K., Schmidt, F. L. and Hayes, T. L. (2002) Business-unit-level relationship between employee satisfaction, employee engagement, and business outcomes: a meta-analysis. Journal of applied psychology, 87(2), 268 Harter, J. K., Schmidt, F. L. and Keyes, C. L. (2003) Well-being in the workplace and its relationship to business outcomes: A review of the Gallup studies. Flourishing: Positive psychology and the life well-lived, 2, 205-224 Kahn, W. A. (1990) Psychological conditions of personal engagement and disengagement at work. Academy of management journal, 33(4), 692-724 Macey, W. H. and Schneider, B. (2008) The meaning of employee engagement. Industrial and Organisational Psychology, 1, 3-30 May, D. R., Gilson, R. L. and Harter, L. M. (2004) The psychological conditions of meaningfulness, safety and availability and the engagement of the human spirit at work. Journal of Occupational and Organizational Psychology, 77(1), 11-37 Meyer, J. P. and Gagne, M. (2008) Employee engagement from a self-determination theory perspective. Industrial and Organizational Psychology, 1(1), 60-62 Rich, B. L., Lepine, J. A. and Crawford, E. R. (2010) Job engagement: Antecedents and effects on job performance. Academic Management Journal, 53(3), 617-635 Roberts, I. (2001) Reward and performance management. Human resource management: A contemporary approach, 3, 506-558 Saks, A. M. (2006) Antecedents and consequences of employee engagement.Journal of Managerial Psychology, 21(7), 600-619 Van den Broeck, A., Vansteenkiste, M., De Witte, H. and Lens, W. (2008) Explaining the relationships between job characteristics, burnout, and engagement: The role of basic psychological need satisfaction. Work & Stress,22(3), 277-294
Thursday, August 15, 2019
2012 Hsc English Essay
2012 English HSC Essay by Marcus Kraefft An individualââ¬â¢s perceptions of belonging can change in response to the passage of time and their interactions with the world. Constructive interactions can increase oneââ¬â¢s sense of belonging. In the same way destructive interactions or alienation can decrease oneââ¬â¢s sense of belonging. The passing of time also affects an individualââ¬â¢s sense of belonging in that it can lead to an appreciation of place and culture. Oneââ¬â¢s sense of belonging also depends on whether they choose to belong and are chosen to belong, but choice is not always enough.Although both parties may want to belong to each other, barriers can still exist, preventing a sense of belonging. This is evident in Raimond Gaitaââ¬â¢s ââ¬ËRomulus, My Fatherââ¬â¢ (1998) and ââ¬ËAmerican History Xââ¬â¢ (1998) directed by Tony Kaye. The sense of belonging of the individuals in these texts evolves through the elapsing of time and interactions wi th their world. An individualââ¬â¢s interaction with their world shapes their sense of belonging; constructive interactions increase oneââ¬â¢s sense of belonging.Upon first moving to Australia Romulus was immediately drawn to Horu and Mitru because they have similar backgrounds. Romulus had many interactions with Horu and Mitru and as a result Romulus felt an increasingly strong sense of belonging to them. Romulus spent more time and interacted more with Horu and we see that Romulus developed a stronger friendship with Horu than with Mitru. Raimond also had many interactions with Vacek and as they met more often Raimond felt more and more comfortable with Vacek, showing an increased sense of belonging.Similarly in ââ¬ËAmerican History Xââ¬â¢, Derek despises negroes and has no sense of belonging to them. When Derek goes to prison though, he is forced to interact with negroes through prison duties such as folding sheets together. From this Derek forms a strong friendship w ith a particular negro, Jim, and as a result of their interactions, his perspective of negroes changes for the better. ââ¬Å"In here, you the niggerâ⬠, as quoted by Jim, shows the contrast in the environment Derek is in; he was used to a white dominated society and is now forced to live in a society dominated by negroes.In the same way that constructive interactions strengthen a sense of belonging, destructive interaction or alienation can weaken a personââ¬â¢s sense of belonging. In ââ¬ËRomulus, My Fatherââ¬â¢ Christine is forced to move with Romulus to Australia. ââ¬Å"Sheââ¬â¢s a city girlâ⬠, who felt alienated in the barren landscape of Frogmore ââ¬â ââ¬Å"a landscape that highlighted her isolationâ⬠. Her mental illness reduced her number of interactions with others and directly resulted in a decreased sense of belonging.Alienation causes loss in oneââ¬â¢s sense of belonging and can be expressed through desensitisation. This is present in â⠬ËAmerican History Xââ¬â¢. The skinhead clan reject all negroes and immigrants, alienating them. Alienation results in a decreased sense or absence of belonging, which can be represented by causing harm to another with no remorse. This is shown in ââ¬ËAmerican History Xââ¬â¢ when Derek murders two negroes and then smiles about it while being arrested by police, as if he is proud of what he has done.This absence of belonging between the skinheads and the negroes applies to both parties. This is shown at the end of the film when a negro high school student gruesomely shoots and kills Danny, Derekââ¬â¢s brother, in the school bathrooms. He stood in silence with no emotion and no remorse. This scene shows how alienation affects a personââ¬â¢s decisions, actions and reactions. Choosing to belong and being chosen to belong often leads to a sense of belonging but choice may not always be enough. Certain barriers may exist to prevent a sense of belonging.In ââ¬ËRomulus, My Fatherââ¬â¢ Christine chooses to belong with Raimond as his mother and Raimond accepts his mother, loving her very much, but Christineââ¬â¢s mental illness prevents her ability to nurture Raimond as a mother should. Horu sees this lack of attention and despises Christine because of it, asking her to leave and never come back. Although Christine wanted to belong, her mental illness affected her relationship with both Raimond and Horu. This demonstrates Christineââ¬â¢s inability to integrate with Australian culture. Another barrier to a sense of belonging is race.In ââ¬ËAmerican History Xââ¬â¢ the negroes and immigrants want to fit into the local community but because of their race the skinhead clan reject them. Similarly in ââ¬ËRomulus My Fatherââ¬â¢, upon arrival to Australia Romulus wants to be accepted by the Australian culture but initially he is not because of his foreign background. Over time Romulus is eventually accepted into the Australian community b ecause of his hard working habits. This shared value allows Romulus to integrate with Australians and form a strong sense of belonging with Australian culture.An individualââ¬â¢s sense of belonging is affected by the passing of time in that it can lead to an appreciation of place and culture. Initially Romulus did not like the Australian landscape ââ¬â ââ¬Å"The noble red gumsâ⬠¦ seemed symbols of deprivation and barrennessâ⬠. Raimond was influenced by Romulusââ¬â¢ European stories and memories but over time Raimond began to show an appreciation and sense of belonging to the Australian landscape. This is shown when Raimond is about to shoot a wild rabbit but does not because he realised that the environment and nature itself is beautiful.The elapsing of time also allowed Romulus to build up a strong reputation of being a hard working blacksmith. He developed trust with Australians over time which would have been difficult given Romulusââ¬â¢ foreign background. Initially in Australia Romulus had little knowledge of the environment and its effects on everyday life. Romulus accidentally lit a hay stack on fire, not being familiar with the hot and dry climate. Over time Romulus was able to adapt to the Australian environment and so he no longer made mistakes and was therefore accepted by Australians as a worker.Similarly in ââ¬ËAmerican History Xââ¬â¢, Derek initially despises negroes, but his time and interactions in prison change his perspective of them. Derek is alienated in prison and vulnerable to assault from the negroes but Jim tells them not to harm Derek even though he is a Neo-Nazi. Derek discovers that Jim saved his life; Derek as a direct result appreciates negroes and accepts them, showing respect and friendship. Derekââ¬â¢s opinion on foreigners is changed by the actions of one man.From these points it becomes clear that the passing of time and the interactions of an individual with their world shape that individualâ⠬â¢s sense of belonging: Constructive interactions often result in a sense of belonging whilst destructive interaction or alienation results in a decreased or no sense of belonging. Choice also affects oneââ¬â¢s sense of belonging however choice may not always be enough as there are often barriers preventing a sense of belonging such as mental illness and race. Time can also have an impact on an individualââ¬â¢s appreciation of place and culture, increasing their sense of belonging.
Wednesday, August 14, 2019
Final Paper African Americans Essay
Through out history there has been a struggle for African Americans to be accepted in our society. An African American endures many more disadvantages than most white people. The media and other sources have made blacks to look the same and has portrayed them in a certain light that may not be fitting to all blacks. There are many misconceptions that people have of blacks. Many people and organizations have had a part in bringing equality and fighting for equal rights for black people. African Americans have been at a huge disadvantage in America from the beginning. Unlike many other minority groups in America, African Americans in many cases were brought here by force and not by there own will. (000000) The first African Americans came to America in the seventeenth century and were immediately forced to work for Whites. After much turmoil and even a civil war Blacks were finally given there freedom with the Emancipation proclamation signed and ratified in 1863. Even after the proclamation some blacks were still enslaved and freed blacks had little to no opportunity. The struggle continued into the next century as blacks finally received the right to vote with the ratification in of the 15th amendment. The 20th century contained a world filled by a segregated America between whites and blacks through jim crow laws that existed that restricted blacks from interacting with whites. With a history like that it is no wonder that African Americans still have disadvantages in our modern day. America today is known as the country of opportunity. Although there are many opportunities out there it seems that there are more opportunities for some groups more than others. Many companies and corporations still use race as a indicator for hiring employees. In one study done by the National Bureau of Economic Research, people with common black names were less likely to be called back for an interview based on there application alone then black people with common white sounding names. Job applicants with white sounding names needed to send out ten applications to get one call back while applications with common black names needed to send out about fifteen to get one reply. (Francis, www. nber. org/digest.com). The research was done withe resumes of the same qualifications. It is easy to see that Black people are constantly bombarded by inequality in the work force. If there were inequalities just based on names of applicants just imagine the inequality when employers actually see the race of the applicants. Black Americans have been stereotyped for years and continue to be today. The media is one great source of portraying African Americans in certain roles. African Americans are portrayed as criminals, drug dealers and sex offenders in many instances. Many Africans are outraged at how they are portrayed in the media. Protest groups such as the Young African Americans Against Media Stereotypes have done what they can to show there stance on stereotypical media portrayal. ââ¬Å"Majority of the time you see a young African-American male in the media he is singing, rapping, scoring a touchdown, dunking a basketball or committing a crimeâ⬠( http://www. yaaams. com/) Many stereotypes about black people are incredibly false. Many people still think that black people are only good at certain things like music and sports. This is a very false belief and black people have contributed heavily to all different sorts of fields. Many vital inventions that we use on an everyday bases were invented by black people. The dust mop, pencil sharpener, typewriter, and elevator were all invented by black people. (http://www. black-network. com) Our society would not be what it is if it were not for Garret Morgan, the young Black man who invented the traffic light. http://www. infoplease. com/spot/bhmcensus1. html.
Tuesday, August 13, 2019
Financing sources in Vietnam Essay Example | Topics and Well Written Essays - 4250 words
Financing sources in Vietnam - Essay Example Such policy reforms have proved beneficial with regard to China, Malaysia, Indonesia and Thailand. These countries have also benefitted from network associations, cluster linkage to markets, and novel support arrangements. Policy support has been established as being crucial for the growth of SMEs in Vietnam. B. Business Support Services Privatisation emerged as a strategy for restructuring the large state owned enterprises (SOEs) into SMEs (Gibb and Lyapunov, 1996). A solution that is at variance to this initiative has been proposed by McIntyre (2002). This procedure states that the dismantling of large firms may fail to promote the growth of SMEs. This notion has been vindicated in Asia, and this can be attributed to the lack of a suitable support regime. For instance, the Chinese SMEs require the support of the large firms. Dallago and McIntyre (2003) have cited the experiences of the CEE nations to show that by themselves, the SMEs do not have the capacity to grow. The presence o f institutions and supporting mechanisms that have been properly developed is indispensable for the growth of these SMEs. C. Supporting Infrastructures It has been proposed by Wattanapruttipaisan (2002) that competitiveness can be rendered not only by natural resources and location, but also by contemporary global information and knowledge. It can also be promoted by participation in clusters involving firms, supplier networks, or producers and matching products; consumers and distributors; continuous learning and enhanced flexibility and efficiency. The SMEs were furnished with a new information flow and knowledge base, due to network association. This base has the capacity to emerge as a significant model for efficient resource distribution, via policy measures emanating from the market and the state. Support of the Government in Vietnamese SME Development It was recognised, during the projectââ¬â¢s conceptualisation in the year 1994 that the furtherance of SMEs had to be ensur ed. However, a comprehensive document that described the procedures to be adopted by the Government, in order to support SMEs was conspicuous by its absence. Subsequently, the accomplishments and the works supported by the project had been viewed keenly in the highest echelons. Towards the end of the year 1998 a comprehensive assessment was conducted, which disclosed that the project had significantly affected discussion and formulation of the policy related to SMEs. The Central Institute of Economic Management (CIEM), in February 1997, reviewed the administrative and legal situation in Hanoi and Ho Chi Minh City (HCMC). The emphasis was upon identifying the impediments to the formation and development of SMEs and the provision of recommendations to the Government. The CIEM, true to its calling of being an important entity in drafting policy pertaining to business, compiled and examined most of the documentation relating to the establishment, operation and dissolution of business. I t also conducted panoptic interviews with SMEs, and central and local policy making agencies. In January 1998, the stakeholders completed the twin tasks of discussion and validation, and this was due to the workshops in HCMC and Hanoi. The recommendations of this report, in the context of an
Career Explorations Assignment Example | Topics and Well Written Essays - 500 words
Career Explorations - Assignment Example She says that the purpose of the job position is to ensure efficient management and formulation of policies that are efficient and effective in the medical field. Each field requires that the policy makes have a deep knowledge of the field to help in the avoidance of over projected policies and practices that may be unachievable. In addition, with this position, the public health practitioner can always select the best sample in a population that helps in the attainment of the desired results (The Princeton, 2014). She says that that a person willing to take the administration direction in public health can head various jobs such as working in health centers, health insurance companies, international agencies and consulting firms. At such job settings, such a person can provide both treatment and managerial activities. In addition, such a person helps in the formulation of various policies that are aimed at ensuring research on communities are conducted effectively and the correct information collected. In this case, therefore, a person can get the chance to work as an administrator in healthcare facilities, head the national health department, or be in charge of corporate information systems. Dr. Cindy also tells us that a person can also be in charge of public health policy administration. In this case, she says you can head the complexities and diminuendos in the health systems and their effects on the community under concern. She says no field in education could have many career opportunit ies like public health. She further says that the emergence of technology and increased innovations public health sector will need more policy makers. This implies that anyone who wishes to explore the field of public policy (The Princeton, 2014). The job requires someone who has interest in the field of economics and the person who has a broad mind. This is because the interpretation of research results and the formulation of the policies
Monday, August 12, 2019
Teddington Tennis Club Essay Example | Topics and Well Written Essays - 1500 words
Teddington Tennis Club - Essay Example The form basically offers two options for the user. One, to view previous results and two, to enter results online. Initially, the user has to choose on the year of competition, then the week and finally the teams to play for that week. From here the option varies. The user can either view the results if the year selected is in the past or else can update the results for present and future games. This is done by virtually hiding all the controls present in the form until the user clicks on the appropriate buttons which are ââ¬ËViewââ¬â¢ and ââ¬ËUpdateââ¬â¢ (the names are self-explanatory). This is done by marking a tag to all these controls and setting their visible property to ââ¬Ëfalseââ¬â¢. A sample piece of code is shown below. Once these are decided, the user can select the ââ¬ËGOââ¬â¢ button, to view the result input boxes filled with playersââ¬â¢ names adjacent to them. Once the user fills and clicks on ââ¬ËSaveââ¬â¢, the data gets stored in appropriate tables. The query used to update these values is given below: The creation of the financial report detailing the players who are members for current fiscal and those who do not basically depend on the data available in the two tables namely, ââ¬ËMembersââ¬â¢ and ââ¬ËPlayersââ¬â¢. These tables contain details regarding the players, their member ids, and their membership details. The report is created using the Report Wizard of MS Access which lists out the fields that need to be presented in the report in addition to the variables based on which the report has to be ordered. The report is generated by analyzing the value of the ââ¬ËMembersââ¬â¢ table field column, current which mentions whether the player is a member or not. If the value for a member id is ââ¬ËYââ¬â¢, the player is a member and if ââ¬ËNââ¬â¢, the player has to renew is membership. Based on the member ID and Player Id relationship, the player details are obtained from the player table. An example of the report that was generated for the current year is shown below.
Sunday, August 11, 2019
How important are the opinions of experts in the search for knowledge Essay - 1
How important are the opinions of experts in the search for knowledge - Essay Example When we know a subject ourselves, things are less complicated. For example, when a child learns counting, she can count the fingers in her hand. Generally, a human child has five fingers in each hand. Exceptions apart, the child counts her fingers in each hand and obtains the knowledge herself that she has got ten fingers in her two hands. Similarly, when the child looks at the sky, she finds the birds flying and learns that birds fly. However, this perception may not be very much true. The reason is that all birds do not fly. Now the child needs a source of information which will tell her that all birds do not fly (For instance, Kiwis donââ¬â¢t fly). Hence the child needs to know that where can she find complete information and true knowledge, and thatââ¬â¢s why she needs to be sent to a school. In the school, the teacher of Life Science would tell her that generally birds fly, but all birds do not fly. Else, she can gather this information by reading books, watching education al television channels, etc. Either we can discover things ourselves, or we need a guide to help us comprehend the world around. This guide can be a book or a journal, or an expert. An expert in a field is a valuable source of information concerning that field. When I was in the primary school, I had an interesting incident in my life. One day in science class, Mr. Williams, our science teacher, told us that the plants cannot survive without light. Plants need light energy to manufacture their food. I raised my hand and argued that watering the plants was enough for their survival. The plants in the garden needed only water to grow, and nothing else. Mr. Williams was patient and he asked the other children that whether they agreed with me or not. Some of my classmates were confused. Mr. Williams understood that mere theoretical knowledge was not enough. Immediately, he brought a plant in a pot from the garden, wrapped it in a black wrapper, and kept it in a corner of the
Saturday, August 10, 2019
Improving Education with IT Research Paper Example | Topics and Well Written Essays - 3250 words
Improving Education with IT - Research Paper Example d to have a significant impact on the world of education and literacy and carries promising prospects for improving the status of education in the modern world through the gamut of facilities it offers to mankind. Before the coming of the internet, the education curriculum was kept restricted to the subjects and topics in which either the teachers enjoyed expertise or for which the instituteââ¬â¢s library provided resources. But today, with the advent of the World Wide Web, the horizons of education have spread manifold. The students no longer have to confine their learning to the resources supplied by the library or remain dependent on the teachersââ¬â¢ lectures. They can choose their own subject of interest and gain endless knowledge and information on the same with just one click. Online courses have become increasingly popular nowadays, wherein the students get an access to customised curriculum, at any time and from any place of their choice. This is especially useful for the students who stay at remote places devoid of proper educational institutes and channels. Traditionally the students would blindly follow and memorise theories, models and formulae dictated by the books and teachers, at times without even understanding them. But now, with the help of IT tools like spread sheets and concept maps, they can not only understand concepts better, but also cross-check and verify them if needed. Education is the most important armour that equips a person to face the series of challenges posed by life and to successfully conquer the hardships that one comes across during the journey of life. It is that ingredient of our life that remains constantly with us throughout our life and helps us to steer through the odds of life. It is not just a part of oneââ¬â¢s academic or professional life, but also an equally vital component of oneââ¬â¢s personal and social life. Education shapes up the way in which we perceive the society and interpret the world. Hence the advancements and
Friday, August 9, 2019
Computer Assignment Essay Example | Topics and Well Written Essays - 1500 words
Computer Assignment - Essay Example PARC's success has led Xerox to spin off new companies based on their accomplishments, and many of their researchers from the early days have gone on to join or create successful computer businesses of their own. The future is happening today at PARC. Cringely described Bill Gates as a "megalomaniac" and Steve Jobs as a "sociopath" (Cringely: x) their differences do not end there. They came from two very different worlds to succeed in personal computing. They are also similar in many respects and some of these similarities have been a problem for them. Bill Gates came from an influential family and has strived in life to be recognized in his own right and succeeded, even though he dropped out of Harvard as a sophomore. Microsoft's operating system, MS-Dos, was bought by one of the largest computer manufacturers in the world, IBM. Windows and Internet Explorer have set the standards that other software developers have tried to copy and compete with. Microsoft itself, along with PARC, has influenced the way that corporations in the computer industry are run. It has also influenced how these businesses conduct business. Steve Jobs never knew his real parents and it is believed that this fact accounts for his volatile nature and the need to be recognized in hopes that his parents will find him. ... Microsoft's operating system, MS-Dos, was bought by one of the largest computer manufacturers in the world, IBM. Windows and Internet Explorer have set the standards that other software developers have tried to copy and compete with. Microsoft itself, along with PARC, has influenced the way that corporations in the computer industry are run. It has also influenced how these businesses conduct business. Steve Jobs never knew his real parents and it is believed that this fact accounts for his volatile nature and the need to be recognized in hopes that his parents will find him. Unlike Gates, Jobs was already working, at a video games manufacturer, when he entered the industry. Apple computers are his claim to fame. It was his idea to refine and perfect Steve Wozniak's original computer, and then market it. Unlike Gates, he has left Apple and moved on to other things. The NeXT computer was his creation. He is always looking for a new idea and better ways of computing and communicating. In that respect both men are similar. They both want to improve the way that we work, play and communicate with personal computers. Neither of them was afraid to use other's ideas and products, by adapting them to their needs, and turn them into their own successful products. Jobs appropriated the mouse and Gates rewrote BASIC. They saw the possibilities and with a few changes of their own created new products which revolutionized the industry and how we use computers today. They are both excellent salesmen: enthusiastic, driven, and influential. They are able to captivate audiences with their energy and belief in their products and turn them around to their way of thinking. Neither of their initial products was perfect, but people bought into
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Erich Korngold Essay Example | Topics and Well Written Essays - 750 words
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