Thursday, November 14, 2019

Life is But a Stage... :: Personal Narrative Essay Example

Life is But a Stage... Â   This fall I performed the role of Stage Manager in the local high school production of Thornton Wilder's Our Town. Our director didn't cast the role as the traditional lead, white male that most productions use; we cut the role into two female parts of different race. Without the traditional portrayal to fall back on, we had to create our characters from scratch. The thought crossed my mind a few times that my character didn't really have a name. Certain names remind you of stereotypes, and based on a name you can make some easy, general choices on how to portray that character. Mindy is a ditz, Christine can easily be a nerd, and Irma can make a nice old maid. That name association gives you a point to start from, after which you can explore other things. But where on earth do you start with a name like Stage? Â   I formed an image of a guy wearing dirty overalls, walking barefoot and playing guitar outside his cabin in the woods. He liked to philosophize about the world, and found that a little Bailey's in his coffee made that world slightly clearer. He didn't need people around and didn't completely understand them -- or maybe he did, and just got frustrated because they didn't understand themselves. He usually walked with his hands in his pockets, looking either up at the trees or down at the ground, but never focused at eye level. Somewhere in the process I adopted a feminine perspective on my character, very much a tomboy but also very much a woman. Â   At two points in the show I took on other roles. . . in Act Two I played the minister at the wedding, which was a background character and not very distinct. Then, with fairly short notice I took on the role of Joe the undertaker in Act Three. I learned the blocking and the lines quickly, but my problem was that I had to change into Joe right on-stage, and just after my favorite Stage Manager speech. I decided to use a few simple physical traits to help get into character. First I buttoned my shirt, which in three seconds was the only thing I could think of to give the audience some clue that I was changing identities. I developed a squint, changed the tone of my voice, and I gave Joe a limp by keeping my left knee locked.

Tuesday, November 12, 2019

Irp Lost and Found

In the story Lost and Found by Anne Scarf, There were many minor conflicts, but two major conflicts. The decisions the girls made to resolve the major conflicts lead to retaliation. One major conflict in the story was that Jamie, a 14 year old middle- school student, was dating a boy named Bobby Wallace, a high-school student, who wasn't a boy anyone would recommend talking to. Game's older sister, Dairy (who was also a high school student) tried to convince her younger sister that she wouldn't be socializing with him.The second major problem was the girl's father left them for 5 years, and now decides he wants to be a part of their lives. In the story, the youngest sister ran away because she was overwhelmed. They had no clue where she was, that's pretty much why I chose to make a missing persons t-shirt. When someone is missing, wearing t-shirts is a way good way to inform others that someone is missing. I added the books descriptions to describe Jamie and tried to raw a picture of how Jamie might look.In the story her father thought to look under a tree, which was where they found her. It was the last place she was happy. In all actuality, people don't think to look under a tree to find you, so I think the t-shirt idea would be useful. People evaluate your clothes every day and in real life, people wear t-shirt when someone is missing, or when someone dies. It catches other people attention and encourages them to help look.

Sunday, November 10, 2019

How Risky is Risk

â€Å"The human understanding, once it has adopted an opinion , collects any instance that confirm it, and though the contrary instances may be more numerous and more weightily, it either does not notice them or else rejects them, in order that this opinion will remain unshaken. † Francis Bacon, 1620. Risk is a very interesting thing; people normally tend not to realize the real effect that risk takes in their lives.There are many kinds of risk, we want to focus on studying the financial risk, the perception of it, the effect that it has on the private banking behavior, their clients, and how they would be treated, the effect that it has on decision making, and the effect that it has o behavioral finance. Because when you start talking about behavioral finance you need to try to understand what risk represents and all of the effects it has. During this article we want to show why over 10% return margins shouldn't be viewed as something risky, but as something worth analyzing. Because in this times people are going to need over 10% margins if they still want to be making profits out of their investments. And once people understand what risk represents, what it represents ND all of its effects, they can start analyzing what they want and need out of their investments. And once they understand that, they are going to do anything to accomplish it, because as it is said in the quote at the beginning once the human understanding acquires a goal and an opinion on how to get to the goal, he will do anything to end up successfully. . Risk Risk by definition, is the potential of gaining something of value, weighed against losing something of value but, The term â€Å"risk†, means financial risk or uncertainty of financial loss† (Raglan, 2003). After using these terms for the purpose of this paper e will divide the study of risk into 3 parts: types of financial risk, the ways to measure IR and perception of risk. 2. 1 Types of risk There are many types of risk; we are going to focus on 5: credit risk, market risk, operational risk, regulatory risk, environmental risk.All of these are top priorities for banks to analyze throughout the operational process. Credit risk, is the potential that a borrower fails to meet his obligations on the terms that were agreed. There are 2 key components on defining credit risk, quantity of risk and the probability of default. The banking system manages credit risk using exposure ceilings, review renewal, risk rating, risk based in scientific pricing and portfolio management. Market risk is the possibility of loss caused by changes in market variables, it sums up to four components.Liquidity risk, this is divided into funding risk, time risk and call risk. Interest rate risk, which is the potential of negative impact coming from changes in rates. Foreign exchange risk and country risk. Operational risk: Human error risk. Regulatory risk: The risk implied by the government ‘s ability to make n ew laws and modify regulation. . 2 Wars to measure risk There are several methods to measure risk, we will be focusing on the most common ones and the ones that are better suited for Hedge Funds. Vary is used to quantify the exposure to the market risk, using standard statistics techniques.It measures the minimum expected loss that a firm may suffer under normal circumstances, over a set time period at a desired level of significance. One of the biggest setbacks with Vary is that it's useless in times of booms and crisis as it doesn't prevent you from being part of them. Another big problem with Vary is that it is one of the most moon risk measures and people tend to trust it too much without hesitation. (CITE) Standard deviation is a measure of dispersion of a set of data from its average. It is usually applied to the annual rate of return of an investment to measure the investment ‘s volatility. CITE) After taking a look at these 2 methods that are the most commonly used, we will be talking about the ones more suitable for the Hedge Fund industry, which are the following: Seminarian's or downside deviation is the average of the squared deviation of values that are less than the mean or a â€Å"minimum acceptable return†. This method is similar to variance, the difference between the two is that seminarian's focuses only on the negative fluctuations of the asset neutralizing all the values above the mean. This method primarily provides the estimate of loss that a portfolio could incur, keeping the estimated risk realistic. CITE) Kurtosis is a statistical measure used to describe the distribution of observed data used around the mesas. Kurtosis is also known as the measurement for the volatility of volatility. Its main purpose is to describe the trends in charts. Keenness describes asymmetry from the normal distribution in a set of statistical data. Keenness can come in the form of â€Å"negative keenness† or â€Å"positive keenness† , depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average. CITE) After analyzing these methods, we can conclude that for a Hedge Fund and especially for clients investing in these it is better to use the seminarian's, kurtosis and keenness methods to analyze the risk of an investment. These three focus more on the downside risk of the portfolio instead of using the Vary that is only good on stable periods and doesn't account for drastic mimes, besides standard deviation and variance can be very deceiving in the context of analyzing the real risk that a portfolio can have focusing also on outlying positive returns. 3.Private banking What we want to analyze is the way private banks operate and especially how clients needs are met, how they are treated, how their money gets almost frozen with interest rates that barely covers their money from the effect of inflation, and how private banks earn a lot of money while clie nts barely earn real returns. Banks offer annulled returns between 3 and 5 percent which is usually not enough to meet paving expenses or inflation for the wealthy clients. An American study showed the following: â€Å"Americans said they need to earn average annual gains of 9. Percent above inflation to make their financial needs. Natives officials noted that inflation since 1964 has averaged 4. 2 percent annually, which means the average American has to generate 14 percent to meet their needs. â€Å"fee,2014) having this in mind clients can realize that they need to expect a bigger profit on their investments because they are actually losing money, their money is losing value and the only way f stopping this from happening is by demanding higher returns using alternative investments. High returns while taking minimal risk is a pipe dream; if asset growth is your priority, taking risk is crucial† Oaf,2014), and that is why clients need to be sure that risk is being managed in the most efficient manner. 3. 1 Clients The most important part of any financial institution are the clients, and most important thing about them is recognizing that every client is different and every client has different needs. Every client has to be treated differently to help them meet his/her goals. As the investigation of Dry.Rene Fischer and his team in the book â€Å"Wealth Management in new Realities†, â€Å"we identify 7 engagements that are shaping client behavior and needs† (Fischer, De Conge, OK, Topper, 2013), with this in mind we will take a look at those seven trends to give clients the best service possible while maintaining a steady margin of returns. Engagement one: Changing demographics. The population is growing and also the markets, clients need security and information that their money is secure and generating profit.Engagement two: Globalization and future markets. With the Gap's of various developing countries rowing at a fast pace, clients are starting to look at investing in new markets. Engagement three: Scarce resources and climate change. Global awareness is growing for environmental issues that can create new opportunities in clean energies, and a new set of investments in ecological matters for clients. Engagement four: Economic crises and insecurities. With the volatility of the market, clients are starting to be insecure about their money.It is the financial institution ‘s Job to keep clients informed about the situation their money is in, and make them feel safe that their money is in good hands. Engagement five: Dynamic technology and innovation. With all the changes in information technologies, â€Å"more and more people are getting connected and are sharing information on the go' (Fischer, De Conge, OK, Topper, 2013), this makes clients better informed and more aware about what is happening to their money.Engagement six: Sharing global interest responsibility. With the shift towards global cooperati on and MONGO ‘s gaining power, clients are demanding socially responsible investments. Engagement seven: Global knowledge society. This trend goes hand in hand with trend number five, with new technologies of information, society has easier access to new information and the tools to know what is happening.With all these trends happening, clients want to be more informed and still get the same yield, but with the misinformation, manipulation and misunderstood promises from the monetary agents, the clients think that having their money working to win Just a little over inflation Just to avoid losing money might be wrong, because with the globalize economy that we have this days studies that are being made all around the world can be generalized, so if something is happening in Europe you could assume that something similar is happening morpheme else.So with this in mind after taking a look in some studies made in India we saw that the inflation is not the same for every social c lass and that the general inflation that everyone takes for granted does really have much effect on the middle and high class, because it is made out from an average of items that don't really affect does two classes, and we are focusing on them because they are the ones that are clients of the financial institutions, and the prices of the items that they acquire are going up stronger that the regular inflation, so that is why they are not retorted with the interest rates that they receive, and they are in fact losing money which is the one thing that they were trying to avoid. 4. Behavioral finance There are many factors involved in the process of understanding behavioral finance.To understand this you have to start with risk perception, understanding why people tend to make certain decisions, and after that study the behavioral biases investors exhibit to see what drives the intuition of most individuals. Behavioral finance can help a financial institution prevent certain human fa ctors that can be mitigated at the mime of making decisions and preventing psychological factors to play an important role in the decision making process. 4. 1 Risk perception Risk perception is one of the most important elements of psychological effect on the market. Trying to understand why people tend to make certain decisions at certain times is one of the biggest questions in this matter.Many investigations have been made about the subject, one that stood out was: â€Å"The Psychological Impact of Booms and Busts on Risk Preferences in Financial Professionals† by Cohn, Fear and Marcella. During this experiment they decided to manipulate two different kinds of lotteries giving different options in different controlled markets. Their final conclusion was that there will always be a psychological/emotional factor that can't be measured with precision but you can be sure that during times of booms people tend to be overly optimistic and risk is not their biggest concern, and during times of busts people usually tend to be overly conservative and almost allergic to risk.This can be obvious in both cases as it is when biases come into play. This is why risk can be a risky thing when you are not certain that is being measured the right way. If the risk is being measured correctly, psychological factors shouldn't have any weight in the decision making process. 4. 2 Behavioral bias Behavioral biases in finance are tendencies to act in a certain way; they can lead someone to a systematic deviation from a standard of rationality or good Judgment. Five biases that we believe can be the most common ones in an investor are the following: 1. – Confirmation bias is the tendency that makes people believe in information only if confirms their beliefs and hypothesis. 2.Optimism bias is the tendency to think that you are less at risk of experiencing a negative event than others. 3. – Loss aversion bias is the tendency that agents take on when they prefer the option of avoiding a loss than the option of acquiring gains. 4. – Self-serving bias is the tendency to distort a process because of the need to maintain and enhance once self-esteem. 5. – Planning fallacy bias is the tendency to underestimate the time that it will take to complete a task. These are only some of the behavioral biases that play a significant factor in the psychological process of making decisions. It has to be taken into account that all of them could affect an investor 5.Conclusion â€Å"The human brain has evolved to be very efficient at pattern recognition, but as the confirmation bias shows, we are focused on finding and confirming patterns rather than minimizing our false conclusions. Yet we needn't be pessimist, for it is possible to overcome our prejudices. It is a start simply to realize that chance events, too, produce patterns. It is another great step if we learn to question our perceptions and our theories. Finally, we should learn to spend as much time looking for evidence that e are wrong as we spend searching for reasons we are correct. † (Millions, 2008). After looking at previous evidence, it is clear that both Private Bankers and Clients have a misconception about risk.Behavioral biases transform risk into fear which if not mitigated by Private Bankers leads to inefficient allocation in Client's portfolios, and a controlling position in their relationship. This is why Bankers usually oversee those investments that they are not familiar with and reject them or cause Clients to reject them without studying their process and risk/reward ratio. This is the case with vast majority of Alternative Investments. We encourage Clients to keep a critical point of view with regards to their portfolios and continuously question their Banker's recommendations. By being involved in their investment decisions and being up to date on current market trends Clients will have a correct attitude towards risk when it comes to investing.

Thursday, November 7, 2019

Mole Relations in Balanced Equations Example Problems

Mole Relations in Balanced Equations Example Problems These are worked chemistry problems showing how to calculate the number of moles of reactants or products in a balanced chemical equation. Mole Relations Problem #1 Determine the number of moles of N2O4 needed to react completely with 3.62 mol of N2H4 for the reaction 2 N2H4(l) N2O4(l) → 3 N2(g) 4 H2O(l). How to Solve the Problem The first step is to check to see that the chemical equation is balanced. Make sure the number of atoms of each element are the same on both sides of the equation. Remember to multiply the coefficient by all atoms following it. The coefficient is the number in front of a chemical formula. Multiply each subscript only by the atom right before it. The subscripts are the lower numbers found immediately following an atom. Once you verify the equation is balanced, you can establish the relationship between the number of moles of reactants and products. Find the relation between moles of N2H4 and N2O4 by using the coefficients of the balanced equation: 2 mol N2H4 is proportional to 1 mol N2O4 Therefore, the conversion factor is 1 mol N2O4/2 mol N2H4: moles N2O4 3.62 mol N2H4 x 1 mol N2O4/2 mol N2H4 moles N2O4 1.81 mol N2O4 Answer 1.81 mol N2O4 Mole Relations Problem #2 Determine the number of moles of N2 produced for the reaction 2 N2H4(l) N2O4(l) → 3 N2(g) 4 H2O(l) when the reaction begins with 1.24 moles of N2H4. Solution This chemical equation is balanced, so the molar ratio of reactants and products may be used. Find the relation between moles of N2H4 and N2 by using the coefficients of the balanced equation: 2 mol N2H4 is proportional to 3 mol N2 In this case, we want to go from moles of N2H4 to moles of N2, so the conversion factor is 3 mol N2/2 mol N2H4: moles N2 1.24 mol N2H4 x 3 mol N2/2 mol N2H4 moles N2 1.86 mol N2O4 Answer 1.86 mol N2 Tips for Success The keys to getting the correct answer are: Make sure the chemical equation is balanced.Use the coefficients in front of compounds to get molar ratios.Check to make sure you use the appropriate number of significant figures for atomic masses and report mass using the correct number of figures.

Tuesday, November 5, 2019

The Other N-Words

The Other N-Words The Other N-Words The Other N-Words By Mark Nichol My recent post about terms for ethnic groups prompted a note from a site visitor proposing that I write about taboo words. I was not niggardly in my gratitude to the correspondent for his suggestion. Did your eyes just pop out when you read the fourth word in that last sentence? Unlikely, because most DailyWritingTips.com visitors know that niggardly has nothing to do with a similar-sounding offensive term for black people. But many people persist in thinking it does. In the late 1990s, an employee of the Washington, DC, mayor’s office resigned in the aftermath of his innocent use of the word, and a few years later, a schoolteacher came under fire when she included the term in a vocabulary lesson. Another person has noted that he avoids using the word renege around black people, even though it has nothing to do with the derogatory word nigger, derived from Negro. Nor does niggling, but some people argue that such near homophones should be tossed from the word-hoard because somebody, somewhere might be offended. Nitty-gritty, part of the idiomatic expression â€Å"get down to the nitty-gritty,† is a hoary word (oops perhaps I shouldn’t have used that adjective), but it’s also evocative. Unfortunately, some people believe erroneously that it originally referred to the excretory debris left in a slave ship after the cargo had been removed. Evidently, nitty-gritty was in fact originally a synonym for an adjective that rhymes with its component words, but now it is merely synonymous to business in â€Å"get down to business.† What about the original n-word? Did you flinch when I used it above? How dare I type the actual word! Well, it’s in the dictionary, for one thing, and I have a valid reason to use it in this dispassionate, scholarly context. (But I admit I’d hesitate to use it in front of one or more black people, even if I were reading this post aloud in a group setting.) Should nigger be allowed in print or online? It’s absurd to dodge it in a neutral context such as a post about usage. How about in literature? Mark Twain used it in Huckleberry Finn to further identify the fugitive slave Jim. Doing so was proper in the historical context of that work, and no one can deny that Twain considered Jim one of his most admirable characters. And anyone who refrains from using it in a valid literary context in a novel about young inner-city blacks who blithely bandy it about, for instance is self-censoring. The word is, admittedly, broadly unacceptable in written and spoken discourse. But should I be prohibited from using it in an essay about derogatory or allegedly derogatory language? Should it be stricken from reprints of Huckleberry Finn, and excuse the expression blacked out in all existing copies? Should a book about the ’hood omit it? The word is used countless times every day all over the United States. Most writers and speakers are justified in using it because they are black, and they’re taking it back, or because it’s being used in a valid context. Others, racists who use it to denigrate an ethnic group, are also justified because they are exercising a constitutional right to free speech, but that doesn’t mean I like it. Do we even have a right, if we’re not black, to decide whether to use it? It has eminently painful associations for black people, regardless of whether it has been used against them as a weapon. For that reason, I’m sensitive enough to use it only in this type of context. But I won’t refrain from using it as such, and I certainly won’t avoid writing or saying niggardly or niggling under any circumstances. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:Fly, Flew, (has) FlownFlied?Taser or Tazer? Tazing or Tasering?35 Synonyms for Rain and Snow

Sunday, November 3, 2019

Answer questions from provided book and information Research Paper

Answer questions from provided book and information - Research Paper Example analyses, identifying the firm’s competitive advantage, designing a competitive strategy, and designing an organizational structure that fits the strategy (Spulber, 2009). The strategy process in Scenario 1 could change in terms of it being a new entrant as an entrepreneurial set-up; as contrasted with Scenario 2 where the firm manifests a rapidly growing trend. As such, goal setting is still the paramount concern for Scenario 1 while it could be deduced that under Scenario 2, the new head of a division, previously set goals are assumed to be clearly set and the relevant steps to consider in strategy management are steps 2 to 5 to determine whether there is a need to revise or redesign competitive strategy in view of changing external factors and internal resources. As a manager, goal setting must be designed in a most appropriate and effective manner which integrates the abilities of the organization with the opportunities posed in the market. As such, there should be an overall organizational goal that is clearly designed and communicated; not a series of different types of goals which could confuse stakeholders in determining which to achieve. The process of external and internal analyses for Scenario 1 and Scenario 2 would be different; since Scenario 1 is a start-up corporation with no historical information regarding external factors that impact its operations; nor any internal resources yet that define the organization’s strengths or weaknesses. For Scenario 2, historical information abounds and therefore, the extent and comprehensiveness of external and internal analyses would be greater and more challenging. Again, for the analysis of competitive advantage and competitive strategy, the two companies would differ in terms of availability of historical information. For Scenario 1, the company is still in the goal setting stage and therefore identification of its competitive advantage and strategy would be premised on what it perceives it could do to

Friday, November 1, 2019

Identify the principal powers available to the courts in England & Essay

Identify the principal powers available to the courts in England & Wales in connection with statutory interpretation. How does t - Essay Example One system of employment tribunals that works for England, Wales, and Scotland also exists. In both England and Wales, the house of lords handles matters of highest appeals. In such cases, only the law lords are charged with the responsibility of proceeding over these cases. The Supreme Court judicature act 1873 however abolished this. This was done through the elections where the parliament passed the bill to have the Supreme Court in place. However, an amendment preserving the judicial function of the House of Lords was passed. The court was then used to handle impeachment cases in England, even though nowadays they are considered Magistrate court refers to the lower courts in which all criminal proceedings begin. Certain civil issues can also be decided in these courts, these include family matters (Probert, 2011). These courts have been meant in such a way that they can deliver justice in a swift and simple mean. In England and Wales, there are many magistrates’ courts; th e number is approximate to be over 360. The jurisdiction of these courts lays o the various powers that the legal system gives them. Offences especially those termed as summary offences are often considered small offences and are thus punishable under the powers of magistrates’ limited courts. ... Indictable offences may include rape, murder, and robbery among others. The cases here are heard by the judges at district judge in the magistrate or by three bench magistrate. The magistrate courts have no jury. The police undertake the investigation of these cases and then the prosecution is done accordingly. Defendant can chose to hire to solicitor to represent them in court. This is often catered by the state. Jurisdiction and sentencing powers of the courts In regards to issues related to criminology, the magistrate courts also used to be referred to as police courts both in England and Wales were put in place to deal with little offences at a speedy manner. Nearly all the criminal cases begin and stop at this point. Serious crimes are often taken to crown courts. It is approximated that 95% of many cases are handed at this point. Least serious criminal offences like driving cases, criminal damage of minimal damage, drug possession, vandalism, and criminal damages. All these are dealt with at summery proceedings in the magistrate court. In such cases, the defendants lack the right to jury trial and they have no formal indictment (Miller & Jentz, 2011). The verdict lies in the hands of the magistrates and judges at the courts. Sentencing powers in the magistrate courts have certain limitations. There are certain offences that have their limitations. For instance, they are capable of inflicting fines up to five thousand US dollars and can pass an imprisonment sentence. When the magnitudes of offences are big, the limitation is often raised. This means that such cases can attract high fines of up to over $ 50, 0000. There are certain cases like driving offences where the driver can be penalized by being disqualified from driving for some time. Such cases