Monday, September 30, 2019

Oscar Wilde’s the Importance of Escape Essay

Oscar Wilde’s play entitled â€Å"The Importance of Being Earnest† illustrates the concept of dual personality, fantasy, love, and lies. Jack, Algernon, Gwendolyn, and Cecily all live in lies. They are manipulated by their fantasies and desire for perfect relationship and love. Jack, the protagonist in the play, is the root of lies because of his imaginary brother named Earnest. Algernon uses the name to win Cecily, while Gwendolyn and Cecily are both fascinated by this name because it expresses strength and perfection of manhood. Due to their search and desire to have Earnest, the male and female characters escape from the reality. Therefore, Wilde in The Importance of Being Earnest portrays a gender doubled theme of escape as the male characters escape through alter-egos and female characters privately through their imaginations. Jack escapes from reality using his alter-ego to become free from his responsibilities and obligations. In the first part of the play, readers learn that Jack is placed in a complex situation: â€Å"When one is placed in the position of guardian, one has to adopt a very high moral tone on all subjects†¦ a high moral tone can hardly be said to conduce very much to either one’s health or one’s happiness, in order to get up to town I have always pretended to have a younger brother of the name of Ernest, who lives in the Albany, and gets into the most dreadful scrapes† (Act I). Jack escapes from his country and changes his identity to Earnest to perform the things that he wants to experience. For Jack, being a guardian and a landowner is a great obligation for his ward and people. Through his alter-ego, Jack obtains freedom because he becomes the opposite of his real self—the liberated and careless individual that he could not demonstrate in reality. Aside from Jack, Gwendolyn also escapes from her real world, through her imagination, to find her true love. When she learns that Jack’s name is Earnest, she immediately confessed to him: â€Å"For me you have always had an irresistible fascination. Even before I met you I was far from indifferent to you. We live, as I hope you know, Mr. Worthing, in an age of ideals. And my ideal has always been to love some one of the name of Ernest. The moment Algernon first mentioned to me that he had a friend called Ernest, I knew I was destined to love you† (Act I). Gwendolyn escapes from the reality to find her match. Searching for his Earnest gives her the opportunity to exit from reality and explore the world of fantasy. She believes that marrying a man with the name of Earnest can give her all her physical, emotional, and economic desires. As she walks into her fantasies, she tends to escape from the reality—from the fact that there is no perfect man. Similarly, Cecily uses her diary to escape from the reality and dreams for her Earnest. When she talks to Algernon, whom she knows as Earnest Worthing, Cecily excitedly revealed: â€Å"You see, it [her diary] is simply a very young girl’s record of her own thoughts and impressions, and consequently meant for publication. When it appears in volume form I hope you will order a copy. But pray, Ernest, don’t stop. I delight in taking down from dictation. I have reached ‘absolute perfection’. You can go on. I am quite ready for more† (Act I). If Gwendolyn uses her imaginations, Cecily is using her diary as her gateway to fantasy. She illustrates her engagement with Earnest in her diary. It means that beyond the boundaries of reality and existence, Cecily found her Earnest, which she claims in her diary. Therefore, Cecily escape from reality and obtainment of her fantasy is part of her comfort zone. It makes her happy, complete, and loved. In conclusion, Jack, Gwendolyn, and Cecily all escape from reality because they want to be free and be loved. Jack uses his alter-ego to detach his self from his moral obligations and obtain liberty without limitations and fears. Meanwhile, Cecily and Gwendolyn escape from reality because they want to experience love. They try to find their own Earnest that will complete their being—and through their fantasies, they are able to explore the idyllic and fearless relationship with the man that they desire.

Sunday, September 29, 2019

Vinegar as Alternative Battery

Vinegar as Alternative Battery An Investigatory Project Presented to The Faculty of the High School Department Surigao Education Center Km. 2, Surigao City _______________________________________________ In Partial Fulfillment of the Requirements in Physics IV _______________________________________________ By: Edradan, Dhaniel Jefferson Yaun, Mary Allyssa Concon, Leonel Galos, Jancirfil Jimena, Rimar Villarojo, Kerr March 2013 APPROVAL SHEET Vinegar as Alternative BatteryPrepared & Submitted by MARY ALLYSSA YAUN, DHANIEL JEFFERSON EDRADAN, LEONEL CONCON, JANCIRFIL GALOS, RIMAR JIMENA, KERR VILLAROJO has been examined and is recommended for approval and acceptance for ORAL EXAMINATION. GIOVANNI P. DOSANO Adviser ————————————————- PANEL OF EXAMINERS APPROVED by the committee on ORAL EXAMINATION with the grade of__ on February 2013. ZALDY P. BELOY, Ph. D _______________ _____ _________ Member Member ___________________Member ACCEPTANCE in partial fulfillment of the requirements for SCIENCE IV Acknowledgement There are a lot of people the researchers would wish to thank for their generous and unselfish help in realization of this study. First and foremost, Almighty God for giving the researchers the patience and perseverance to tackle the study; To their parents who gave them their full support, financially and morally. To Sir Giovanni Dosano, who became the researchers great and dearly research paper adviser who patiently helped and encourage them finish the study.The researchers salute for the continuous help and guidance. And most especially, Sir Zaldy P. Beloy, Ph. D. for helping the researchers to understand revise and emphasize the importance of the study. TABLE OF CONTENTS Title Pagei Approval Sheetii Acknowledgementiii Abstractiv Table of Contentsvi CHAPTER I: THE PROBLEM AND REVIEW OF RELATED LITERATURE Introduction4 Review and Related literatur e5 Statement of the Problem5 Significance of the Study5 Scope of Limitations5 Definition of Terms7-8 CHAPTER II: METHODOLOGY Research Design9 Materials9 General Procedure9-10 Observation10Flow Chart of Methodology11 CHAPTER III: RESULTS AND ANALYSIS CHAPTER IV: SUMMARY, CONCLUSION, AND RECOMMENDATION Summary13 Findings13 Conclusion13 Recommendation13 References14 APPENDICES15 CHAPTER I THE PROBLEM AND REVIEW OF RELATED LITERATURE Introduction We all know that the world is now facing an energy crisis and everyone is trying to do something about that. Now you can show everyone that electrical energy or electricity can be made from air and vinegar. After all, vinegar are freely available everywhere. Battery is a device that converts chemical energy directly to electrical energy.It consists of a number of voltaic cells; each voltaic cell consists of two  half-cellsconnected in series by a conductive electrolyte containing anions and cations. One half-cell includes electrolyte and the electrode to which  anions  (negatively charged ions) migrate, i. e. , the  anode  or negative electrode; the other half-cell includes electrolyte and the electrode to which  cations  (positively charged ions) migrate, i. e. , the cathode  or po sitive electrode. In the  redox  reaction that powers the battery, cations are reduced (electrons are added) at the cathode, while anions are oxidized (electrons are removed) at the anode.The electrodes do not touch each other but are electrically connected by the  electrolyte. Some cells use two half-cells with different electrolytes. A separator between half-cells allows ions to flow, but prevents mixing of the electrolytes. Vinegar is a solution of acetic acid and water. Acids donate H+ ions into a solution. The concentration of these ions is what determines whether a solution is a strong electrolyte (conductor) or a weak one. Since vinegar has a low concentration of acetic acid(about 5%) it only has a pH of only ~2. 4 and so is a weak acid.Review of Related Literature According to Doctor Sergey stated that vinegar have lots of electronic magnet cells that can because electricity will small megabytes. During the experimentation, the researchers found out that 4 pieces of calamodins are enough to light a certain bulb. It is also found out that a coin which is hot copper and copper wires are not the appropriate materials in making the experiment. Instead of the materials mentioned used the copper coin and alligator wire. The galvanized nail also matter in lightning the bulb. Use the 1. inches galvanized nail to balanced the flow of the current. Statement of the Problem The researchers aimed to answer the following: 1. How much amount of vinegar that can make the light emitting diode bulb light? 2. Can vinegar bean alternative battery? Significance of the Study This activity is done by the researcher with an important purpose. This activity is launched solely for the Fourth Year High school students of Surigao Education Center. Scope and Limitations This study focused only on commercial vinegar as an alternative source of energy. Definition of Terms Battery – a device consisting of one or more  electrochemical cells  that convert stored chemical  energy  into electrical energy. * Vinegar – a liquid substance consisting mainly of  acetic acid  (CH3CO2H) and  water, the acetic acid being produced through the  fermentation  of  ethanol by  acetic acid bacteria. * Electricity – is the set of physical phenomena associated with the presence and flow of  electric charge. * Acids – is a substance which reacts with a  base * Electric Source – a  physical property  of  matter  that causes it to experience a  force  when near other electrically charged matter. Cat ion – the ion in an electrolyzed solution that migrates to the cathode;  broadly  :  a positively charged ion * Anion – the ion in an electrolyzed solution that migrates to the anode;  broadly  :  a negatively charged ion | | * Anode – the electrode of an electrochemical cell at which oxidation occurs: as * Cathode –   the electrode of an electrochemical cell at which reduction occurs: * Current – a flow of electricity * Voltage – electric potential or potential difference expressed in  volts * Galvanized Nail – Galvanized  nails are a special type of  nail  used in construction.They have undergone a special galvanization  process, which involves covering them with a  zinc  coating in order to form a protective barrier. This barrier also works as a  sacrificial anode, which means the coating will dissolve before the metal inside does, if the barrier itself becomes damaged. * Copper Wire – Copper  has been used in  electric wiring  since the invention of the  electromagnet  and the  telegraph  in the 1820s. The invention of the  telep hone  in 1876 created further demand for copper wire as an electrical conductor. CHAPTER II METHODOLOGY Research DesignThe descriptive and experimental design was used in this study. Materials/Equipment * Vinegar (Commercial) * 1 meter Alligator Wires * 1. 5 inch Galvanized Nails * 1. 5 inch Copper wires * Tape * 2 Cups * Led bulb General Procedure A. Preparation on Materials 1. Prepare and check all the materials needed B. Set up the prepared materials 1. Share first the vinegar in packs 2. Fill the cups with vinegar 3. Then place a type at the top of the cups then put two different holes C. Connecting the wires 1. Attach the galvanized nail and copper wires both side. Do not allow the copper wire and galvanized nail touch each other. . Attach the alligator wire to the copper wires and galvanized nails 3. Attach the alligator clip to the bulb and it will light up. C1. Observation C2. Collection of Data C3. Tabulation C4. Evaluation C5. Conclusion Flow Chart of Methodology Conclus ion Tabulation Collection of Data Evaluation Observation Experimentation Setting up the Prepare Materials Preparation CHAPTER III RESULTS AND DISCUSSION Table. 1 TRIAL| AMOUNT OF VINEGAR| OBSERVATION| 1| 200 ml| The led bulb haven’t produced light| 2| 400 ml| The led bulb still haven’t produced light| 3| 800 ml| The led bulb produced little light| | 1000 ml| The led bulb produced great light| Based on the table above, the researchers first prepared in trial with the amount of vinegar 200ml but it does not make the led bulb light. On the second trial, they prepared 400ml but again it does not work. By the third trial, with the amount of 800ml of vinegar, it only produced a little amount of light on the led bulb. On their last trial, they tried to use more vinegar with the amount of 1000ml, and then it already made the led bulb produced great light. CHAPTER IV SUMMARY, FINDINGS, CONCLUSION AND RECOMENDATIONSIn this chapter the researchers will be giving the summary of th e findings of their study. The conclusions on the different problems that arose and to the recommendations on the kinds of improvement their readers can do in the near future. Summary With the use of vinegar it is proven effective when the copper wire and galvanized nail is inserted in it. Based on the observation of the researchers through experimentation it was proven that Vinegar can be an alternative battery and can be a good source of electricity and further justified based on the result of the study.Findings Based on the experiment conducted, the following were the findings of the study: 1. With the amount of 1000ml of vinegar, it can make the led bulb light with the use also of galvanized nail and copper wire 2. Vinegar contains small amounts of acetic acid that can make the led bulb light Conclusions Based on the findings the researchers have conducted, the researchers therefore conclude that vinegar can be an alternative battery and a good example of producing light.With th e galvanized nail and copper wire as the negative and positive the two components shouldn’t be attach with other with the flow of electricity there should only be one direction Recommendations The experiment is easy, you can spend lesser. This is recommended to all the people. By this study, a lot of people can get and get idea how to save money, and energy at home. Someday, vinegar will be a source of electricity. The researchers also recommend this to the following: * Students – this can help them to be their guide anf for them to try something new and develop their skills in investigatory. Teachers – to take this as an example to the students for them to encourage themselves to discover other kinds of alternative battery. The researchers recommend two title of further studies: 1. â€Å"Animal Urine as Alternative battery† 2. â€Å"Vinegar as a battery for Calculator† REFERENCES http://tag. wonderhowto. com/vinegar-battery/ http://hilaroad. com/c amp/projects/lemon/vinegar_battery. html http://www. youtube. com/watch? v=pq9NuvdLZaU&feature=gv http://www. termpaperwarehouse. com/search_results. php? query=vinegar+alternative+battery+ APPENDICES Vinegar as Alternative Battery Vinegar as Alternative Battery An Investigatory Project Presented to The Faculty of the High School Department Surigao Education Center Km. 2, Surigao City _______________________________________________ In Partial Fulfillment of the Requirements in Physics IV _______________________________________________ By: Edradan, Dhaniel Jefferson Yaun, Mary Allyssa Concon, Leonel Galos, Jancirfil Jimena, Rimar Villarojo, Kerr March 2013 APPROVAL SHEET Vinegar as Alternative BatteryPrepared & Submitted by MARY ALLYSSA YAUN, DHANIEL JEFFERSON EDRADAN, LEONEL CONCON, JANCIRFIL GALOS, RIMAR JIMENA, KERR VILLAROJO has been examined and is recommended for approval and acceptance for ORAL EXAMINATION. GIOVANNI P. DOSANO Adviser ————————————————- PANEL OF EXAMINERS APPROVED by the committee on ORAL EXAMINATION with the grade of__ on February 2013. ZALDY P. BELOY, Ph. D _______________ _____ _________ Member Member ___________________Member ACCEPTANCE in partial fulfillment of the requirements for SCIENCE IV Acknowledgement There are a lot of people the researchers would wish to thank for their generous and unselfish help in realization of this study. First and foremost, Almighty God for giving the researchers the patience and perseverance to tackle the study; To their parents who gave them their full support, financially and morally. To Sir Giovanni Dosano, who became the researchers great and dearly research paper adviser who patiently helped and encourage them finish the study.The researchers salute for the continuous help and guidance. And most especially, Sir Zaldy P. Beloy, Ph. D. for helping the researchers to understand revise and emphasize the importance of the study. TABLE OF CONTENTS Title Pagei Approval Sheetii Acknowledgementiii Abstractiv Table of Contentsvi CHAPTER I: THE PROBLEM AND REVIEW OF RELATED LITERATURE Introduction4 Review and Related literatur e5 Statement of the Problem5 Significance of the Study5 Scope of Limitations5 Definition of Terms7-8 CHAPTER II: METHODOLOGY Research Design9 Materials9 General Procedure9-10 Observation10Flow Chart of Methodology11 CHAPTER III: RESULTS AND ANALYSIS CHAPTER IV: SUMMARY, CONCLUSION, AND RECOMMENDATION Summary13 Findings13 Conclusion13 Recommendation13 References14 APPENDICES15 CHAPTER I THE PROBLEM AND REVIEW OF RELATED LITERATURE Introduction We all know that the world is now facing an energy crisis and everyone is trying to do something about that. Now you can show everyone that electrical energy or electricity can be made from air and vinegar. After all, vinegar are freely available everywhere. Battery is a device that converts chemical energy directly to electrical energy.It consists of a number of voltaic cells; each voltaic cell consists of two  half-cellsconnected in series by a conductive electrolyte containing anions and cations. One half-cell includes electrolyte and the electrode to which  anions  (negatively charged ions) migrate, i. e. , the  anode  or negative electrode; the other half-cell includes electrolyte and the electrode to which  cations  (positively charged ions) migrate, i. e. , the cathode  or po sitive electrode. In the  redox  reaction that powers the battery, cations are reduced (electrons are added) at the cathode, while anions are oxidized (electrons are removed) at the anode.The electrodes do not touch each other but are electrically connected by the  electrolyte. Some cells use two half-cells with different electrolytes. A separator between half-cells allows ions to flow, but prevents mixing of the electrolytes. Vinegar is a solution of acetic acid and water. Acids donate H+ ions into a solution. The concentration of these ions is what determines whether a solution is a strong electrolyte (conductor) or a weak one. Since vinegar has a low concentration of acetic acid(about 5%) it only has a pH of only ~2. 4 and so is a weak acid.Review of Related Literature According to Doctor Sergey stated that vinegar have lots of electronic magnet cells that can because electricity will small megabytes. During the experimentation, the researchers found out that 4 pieces of calamodins are enough to light a certain bulb. It is also found out that a coin which is hot copper and copper wires are not the appropriate materials in making the experiment. Instead of the materials mentioned used the copper coin and alligator wire. The galvanized nail also matter in lightning the bulb. Use the 1. inches galvanized nail to balanced the flow of the current. Statement of the Problem The researchers aimed to answer the following: 1. How much amount of vinegar that can make the light emitting diode bulb light? 2. Can vinegar bean alternative battery? Significance of the Study This activity is done by the researcher with an important purpose. This activity is launched solely for the Fourth Year High school students of Surigao Education Center. Scope and Limitations This study focused only on commercial vinegar as an alternative source of energy. Definition of Terms Battery – a device consisting of one or more  electrochemical cells  that convert stored chemical  energy  into electrical energy. * Vinegar – a liquid substance consisting mainly of  acetic acid  (CH3CO2H) and  water, the acetic acid being produced through the  fermentation  of  ethanol by  acetic acid bacteria. * Electricity – is the set of physical phenomena associated with the presence and flow of  electric charge. * Acids – is a substance which reacts with a  base * Electric Source – a  physical property  of  matter  that causes it to experience a  force  when near other electrically charged matter. Cat ion – the ion in an electrolyzed solution that migrates to the cathode;  broadly  :  a positively charged ion * Anion – the ion in an electrolyzed solution that migrates to the anode;  broadly  :  a negatively charged ion | | * Anode – the electrode of an electrochemical cell at which oxidation occurs: as * Cathode –   the electrode of an electrochemical cell at which reduction occurs: * Current – a flow of electricity * Voltage – electric potential or potential difference expressed in  volts * Galvanized Nail – Galvanized  nails are a special type of  nail  used in construction.They have undergone a special galvanization  process, which involves covering them with a  zinc  coating in order to form a protective barrier. This barrier also works as a  sacrificial anode, which means the coating will dissolve before the metal inside does, if the barrier itself becomes damaged. * Copper Wire – Copper  has been used in  electric wiring  since the invention of the  electromagnet  and the  telegraph  in the 1820s. The invention of the  telep hone  in 1876 created further demand for copper wire as an electrical conductor. CHAPTER II METHODOLOGY Research DesignThe descriptive and experimental design was used in this study. Materials/Equipment * Vinegar (Commercial) * 1 meter Alligator Wires * 1. 5 inch Galvanized Nails * 1. 5 inch Copper wires * Tape * 2 Cups * Led bulb General Procedure A. Preparation on Materials 1. Prepare and check all the materials needed B. Set up the prepared materials 1. Share first the vinegar in packs 2. Fill the cups with vinegar 3. Then place a type at the top of the cups then put two different holes C. Connecting the wires 1. Attach the galvanized nail and copper wires both side. Do not allow the copper wire and galvanized nail touch each other. . Attach the alligator wire to the copper wires and galvanized nails 3. Attach the alligator clip to the bulb and it will light up. C1. Observation C2. Collection of Data C3. Tabulation C4. Evaluation C5. Conclusion Flow Chart of Methodology Conclus ion Tabulation Collection of Data Evaluation Observation Experimentation Setting up the Prepare Materials Preparation CHAPTER III RESULTS AND DISCUSSION Table. 1 TRIAL| AMOUNT OF VINEGAR| OBSERVATION| 1| 200 ml| The led bulb haven’t produced light| 2| 400 ml| The led bulb still haven’t produced light| 3| 800 ml| The led bulb produced little light| | 1000 ml| The led bulb produced great light| Based on the table above, the researchers first prepared in trial with the amount of vinegar 200ml but it does not make the led bulb light. On the second trial, they prepared 400ml but again it does not work. By the third trial, with the amount of 800ml of vinegar, it only produced a little amount of light on the led bulb. On their last trial, they tried to use more vinegar with the amount of 1000ml, and then it already made the led bulb produced great light. CHAPTER IV SUMMARY, FINDINGS, CONCLUSION AND RECOMENDATIONSIn this chapter the researchers will be giving the summary of th e findings of their study. The conclusions on the different problems that arose and to the recommendations on the kinds of improvement their readers can do in the near future. Summary With the use of vinegar it is proven effective when the copper wire and galvanized nail is inserted in it. Based on the observation of the researchers through experimentation it was proven that Vinegar can be an alternative battery and can be a good source of electricity and further justified based on the result of the study.Findings Based on the experiment conducted, the following were the findings of the study: 1. With the amount of 1000ml of vinegar, it can make the led bulb light with the use also of galvanized nail and copper wire 2. Vinegar contains small amounts of acetic acid that can make the led bulb light Conclusions Based on the findings the researchers have conducted, the researchers therefore conclude that vinegar can be an alternative battery and a good example of producing light.With th e galvanized nail and copper wire as the negative and positive the two components shouldn’t be attach with other with the flow of electricity there should only be one direction Recommendations The experiment is easy, you can spend lesser. This is recommended to all the people. By this study, a lot of people can get and get idea how to save money, and energy at home. Someday, vinegar will be a source of electricity. The researchers also recommend this to the following: * Students – this can help them to be their guide anf for them to try something new and develop their skills in investigatory. Teachers – to take this as an example to the students for them to encourage themselves to discover other kinds of alternative battery. The researchers recommend two title of further studies: 1. â€Å"Animal Urine as Alternative battery† 2. â€Å"Vinegar as a battery for Calculator† REFERENCES http://tag. wonderhowto. com/vinegar-battery/ http://hilaroad. com/c amp/projects/lemon/vinegar_battery. html http://www. youtube. com/watch? v=pq9NuvdLZaU&feature=gv http://www. termpaperwarehouse. com/search_results. php? query=vinegar+alternative+battery+ APPENDICES

Saturday, September 28, 2019

Advantages and disadvantages of nuclear power

Advantages and disadvantages of nuclear power Do the advantages of using nuclear power outweigh the disadvantages and thus making it a safe and economical method of generating electricity? At this time it is believed that there are far more disadvantages than advantages when it comes to the use of nuclear power. This report will list the advantages and disadvantages and prove that nuclear power is the next stepping stone in technological advancements and a cleaner future. HYPOTHESIS The advantages of utilizing nuclear power will by far demean the disadvantages and therefore prove that it will be beneficial to make use of nuclear power as an energy source. DISCUSSION ADVANTAGES One of the main advantages of nuclear power is that it does not emit a large quantity of green house gases such as CO2 [1] [2] and thus does not contribute to global warming. In turn this allows for a cleaner global environment. As seen in the below diagram, Coal-fired power stations release 5912000 tons of CO2 per year. Nuclear power stations use less th an a twenty-fifth of that because they only release 230000 tons of CO2 per year. Therefore in the environmental aspect, nuclear power is safe and beneficial for the world s future. Figure 1: A graph of the CO2 Emission by Each Power Source Another advantage of nuclear power is that it has relatively low costs involved in its production [5]. It yields much more electrical energy for each unit of nuclear fuel (uranium rods) used than the conventional fossil fuel power stations (coal) [1] [2]. Due to this it will also cost less to ascertain the resources needed to produce the same amount of energy as fossil fuels as is made evident in the below graph. This results in nuclear fuel costing much less per kilowatt hour for a consumer than any other method of producing electricity [fig. 2]. Therefore nuclear power will be economically beneficial for the world s electricity consuming population. Figure 2: A graph showing the US Electricity Production Costs for 1995 – 2008 An organizat ion known as the International Atomic Energy Agency (IAEA) is in place to ensure that all nuclear power stations and nuclear activity which occur anywhere in the world is done without error which ultimately makes the use of nuclear power a safer option [7]. They implement standards and regulations which must be adhered to by all nuclear facilities [7]. One of their main tasks is to oversee the installation of the nuclear systems and transportation of nuclear materials to insure safety and security [7]. These monitoring protocols allow the usage of nuclear energy to be safe and secure. Over time improved designs have come about for nuclear reactors such as the advanced reactor in Japan which has been operating since 1996 [6]. The major safety feature in this reactor is its passive safety system. In the event of a malfunction, no intervention from an operator is required thus eliminating the chance of a human error [6]. If this type safety feature was to be implemented in all the curr ent and future nuclear reactors, it would significantly enhance the safety of the nuclear plants. There is a variety of safety features for nuclear reactors one of which is the three barriers between the fuel rods and the environment [6]. The fuel rods are in a solid ceramic pellet which forms the first barrier [6]. These pellets are inside a closed zirconium tube, which forms the second barrier [6]. The final barrier is the containment of the fuel rods. They are stored in a steel pressure vessel and this vessel has walls up to 30cm thick therefore preventing all radioactive radiation from escaping. Other than those safety barriers the whole containment structure has one meter thick reinforced concrete walls [6]. Thus in the event of a human error there are provisions in place to minimize the severity of the error. These measures will increase the safety of using nuclear power plants even more.

Friday, September 27, 2019

Ethical Decision Making in Arriving at a Caring Response Research Paper

Ethical Decision Making in Arriving at a Caring Response - Research Paper Example Veracity deals with trust issues of medical practitioners. The first thing a healthcare professional does upon arriving at a caring response in the Memorial Medical Center is to collect the relevant information that clarifies the ethical conflict involving the basic principles of ethical dilemma that a patient is facing. At a caring response, a nurse practitioner establishes the specific ethical conflict or question that a patient is experiencing. At Memorial Medical Center, all medical professionals involved in attending a patient at a caring response must succinctly and clearly articulate the ethical issue in question and answer all the questions that arise. Note that, before resulting to disclose any information regarding veracity issues, it is advisable for a medic to consult the family members of the patient. These decisions may be technical such as cost effectiveness analysis and principle related alternatives such as distributive justice. Following the fact that there may be s ome competing values and goals, ensuring procedural level of fairness becomes the best method of ensuring social acceptance of decisions and moral demonstration of public accountability. In these kinds of situations, a professional health practitioner should not disclose any information regarding the identified ethical problem as doing so is against medical ethics (Kapiriri, et al, 2009). At Memorial Medical Center, after gathering ethical related information, reporting to the relevant parties incorporates two stages. Nevertheless, note that the question at hand must have ethical ramifications just as required by the facility. First, a healthcare professional puts together prescriptive approach information that he or she then goes ahead to report to the relevant bodies. Prescriptive approach is a tool derived from theories of ethics in philosophy and presents health practitioners with an opportunity to use decision-making tools of ethics. In prescriptive approach, healthcare profess ional at MMC gets to exercise modes of thinking when it comes to ethical choices whereby it helps them make decisions that a â€Å"conscientious moral agent† who is a careful and upright thinker about ethical options to make. The second phase of information gathering and reporting involves descriptive approach. In this case, MMC healthcare practitioners incorporates measures included by psychological research in which it defines and describes the actual mode of making decisions ethically as opposed to how they should make a choice (Mitty and Ramsey, 2008). Step Two: Identify the Type of Ethical Problem Even after identifying the possible ethical problem, it is unethical to disclose the information to any other person apart from the required persons. In the example provided by the MMC, identifying the exact problem a patient is experiencing might result to making unethical decisions simply because,

Thursday, September 26, 2019

Medivac Essay Example | Topics and Well Written Essays - 500 words

Medivac - Essay Example the law is still a question legally battle as consideration is given to the investors who may want to have such information in order to help make informed decision regarding the investment. In this regard, the courts will find it an offence to have crossed the materiality threshold if the information was given to an investor who did not seek such information but based on making a fortune. The law prohibits such moves that are only aimed at making individuals to invest based on envisaged fortune. The case of piper v. Chis-Craft Industries, Inc. comes in handy in the understanding how the article is enforceable in law (Hazen, 2003). The supreme court in there ruling determined that there should be no private remedy in the case of competing tender offeror. The court declined to do direct compensation of any private remedy, and instead highlighted that the opinion was in pursuit of section 14 (e) - Private right of action in the hands of the target company or its shareholders (Hazen, 2003). The Court in arguing the case of piper indicated that the motive of Williams act was to ensure further protection by furnishing the shareholder of the target information so that they could make informed choices and not that of competing tender offerors, which were considered collateral benefits to the tender offer provisions (Hazen, 2003). This shows how the article consideration for enforcement is determined. The underlying factor in this case is the intention of giving the insider information t the prospective shareholders. If the intention is the response to inquiry, then one may be considered not culpable for any violation of the statute, but if it is proved to be for the conspiracy to make a fortune for oneself then it is a violation of the act. The federal security act was enacted following the stock market crash of 1929, which ensued the great depression in the American economy. The period lasted of about a decade and resulted into negative impact on the industrialized

Case study on Wilson Construction Essay Example | Topics and Well Written Essays - 1000 words

Case study on Wilson Construction - Essay Example The best option for the company is trying to increase its revenue base in order to improve the situation. Just having two or three projects supporting such a large purchase is not feasible and hence the company should market more often to attract more customers. In case these are two exhaustive options, the company should clearly select the option b because it is yielding a lower negative number and hence if the company wants to save its position it should try to adopt the option b. Money rates of returns do not reflect the time value of money. All economies face the phenomenon that the purchasing power of money constantly falls with the passage of time. Hence, inflation is needed to be taken into account in order to arrive at the real rate of return or rate of returns that are adjusted against inflation. The discounting factor of 23 percent has been adjust by multiplying it by 104 in order to arrive at the inflation adjusted discount rate to give better idea regarding the position o f the company and how much it should earn in order to safeguard its position against falling value of a dollar due to inflation and alternative projects that are available to a company. This way the money return has been adjusted to real return and provides a better picture of how much return the company needs to earn on its projects to safeguard the value of its wealth in real terms and to make sure that it is not losing money. If a company does not pay heed to the time value of money it cannot tell whether it has made or lost money and hence it is considered one of the fundamental concepts of finance and needs to be taken into account every time the company needs to make an important decision. This will make sure that the company’s resources are being used for earning proper returns and not just money returns that are not adjusted against inflation. Given the scenario it can be said that there are several factors that should affect the viability of ALII. These include how m uch saving using a faster crane would be made. All the company’s processes would become more efficient and it would save some money, but the question does not speak about it and if all of this is taken into account, the project’s NPV would very well be positive. Other than that, there will be other factors like financing options, providing the financer with a collateral, impact of this purchase on the taxes for example, the company can use diminishing balance method and charge high depreciation rates to its balance sheet in order to get a saving in taxes. All of this should be taken into account and the company should also hire some good finance managers and should not rely on amateur finance people who do not know about the jack of the problem and their discussion is nothing but layman’s observation of the issue. Hence, the best thing for the company is to hire some specialist finance people who have better information than the current participants of the meeti ng who do not

Wednesday, September 25, 2019

Business Law Essay Example | Topics and Well Written Essays - 250 words - 6

Business Law - Essay Example A member can be influenced by a number of factors—environment, ambitions, personal preferences, inherent traits, etc that can make it considerably difficult to keep his or her word. In this circumstance, the call for a leader cannot be undervalued. A leader ensures that all members are acquainted with the goals of the organization, of their duties and responsibilities; and that their performance is driven towards the success of the organization. The leader holds the coercive power upon whom members will tender respect and obedience to; thus instigating agreeable relationships within the organization. Similarly, an organization should sustain laws or a set of policies that all members across the board must adhere to. Laws are the embodiment of justice, a sense of equality among all ranks and status, and the regulating force that maintains order and discipline in an organization. They serve as a valid contract under which all organizational affairs are constrained. When laws are properly imposed, it may not be stimulation towards a job well done, but rationale of a favourable behaviour. Members will be discouraged to inflict harm upon another, or cause detriment to the organization for that

Tuesday, September 24, 2019

America's Nuclear Meltdown towards Global Zero Essay

America's Nuclear Meltdown towards Global Zero - Essay Example †¢ Most important concepts, theories, or ideas needed to understand & solve problem? In order to understand the reluctance of countries towards achieving a unanimous agreement to abandon nuclear warfare, it is important to understand not only the reasons which led to the development and continued maintenance of their nuclear military sections (as given in the article) but also the reasons why a Global Zero is necessary and important for the security of the global population. Further, the warfare, political power plays and hidden motives and feelings of the countries should also be considered- what are they fearing or hoping? †¢ How author defines these? For the author, these reasons revolve against geographical conflicts, defensive strategy and political decisions keeping in mind the actions of the rival countries. It appears from the article that all countries truly want to achieve a nuclear weapon free world but actions of the others are preventing them from reaching that level of trust. †¢ Does the author take any assumptions regarding these as for granted or make any questionable assumptions? The only assumption made is that the intention of the countries involved is to eventually get rid of nuclear armaments, as evidenced from explicit political statements. Even if this isn’t true, the implicit intentions cannot be judged as it would have moved the tone of the article away from neutral and factual grounds and into an opinionated piece.

Monday, September 23, 2019

American history - essay - about The Black Cat Example | Topics and Well Written Essays - 500 words

American history - - about The Black Cat - Essay Example My interaction with the narrator as his pet was awesome at first. The fact that I was following him step by step means that we were compatible in various aspects. It felt good when I was being favored through exclusion from harassment while others in the house were being mistreated (Poe and Andrewasine 79). Being singled out when others were being mistreated always gave me a reason to stick to the narrator. It also strengthened the instincts between us. I felt special by being singled out among the pets that he had and even introduced me to his wife as his favorite pet of all. Our relationship, however, was mysterious and also supernatural in nature an element that was also evident in the gothic genre. The emotions of the narrator, however, ruined the friendship that was in existence and our sound interaction changed drastically to become sour. The person I was always comfortable when we were together became the person I was to run from. The drunkenness changed the narrator I knew to someone close to a murderer (Poe and Andrewasine 76). It was unbelievable to see him attacking me and even plucking one of my eyes irrespective of our cordial relationship that had been in existence. This interaction taught enlightened me that people changes and there have been something sinister with the narrator. It is weird for a close ally to become a monster within a very short time frame. The monstrous aspect resembles the gothic set up aspect and element. With such mistreatments, it was evident that the best way of living with the narrator is avoiding him. However, this interaction created dilemma in my life on the best mode of living that would assure me of survival. This is because after he perceived that I was avoiding him he plucked one of my eyes (Bloomfield 249). On the other hand, it is very insecure to stay close to such a person. However, it was unbelievable seeing the narrator holding me in a manner that

Saturday, September 21, 2019

The Way of the Shepard Essay Example for Free

The Way of the Shepard Essay The Way of the Shepherd, written by Dr. Kevin Leman and William Pentak, presents the reader with seven basic and ancient foundations to successful leadership. Throughout the story these essential management principles are imparted upon a young novice reporter through an interview of one of the most successful CEOs in the United States. During this interview the CEO communicates these seven ancient leadership elements that can be applied in today’s hectic business environments. The first principle, Know the Condition of Your Flock, stresses the importance of people to the successful manager. The CEO points out it is important to understand the condition of your people in addition to the status of their work. The people can become a manager’s greatest competitive advantage if they are understood and treated properly. If a manger takes a personal interest in each of the employees and treats them as individuals, then management becomes more effective. Discover the Shape of Your Sheep is all about identifying strengths and weaknesses of these individuals to ensure they are in the correct position. A person’s skill set should apply to the task they are assigned and they should be motivated to apply these skill sets. It is also important to have people with positive attitudes and have personalities that complement their assignments. These along with people’s experience can determine how effective they will be in certain positions. Discovering and understanding all this information makes the task of lesson three that much easier; Help Your Sheep Identify With You. Build trust with your followers through genuineness, integrity and compassion. Getting people to want to follow you by giving them a sense of meaning and belonging is a true sign of leadership. Clear communication of values and mission, defined roles and high standards of performance are instrumental in getting people to follow your lead. Make Your Pasture a Safe Place, is all about protecting what you have established in the previous lessons. Identifying and addressing problems in the organization quickly is essential. Keeping your people well informed of these problems and subsequent actions help quell anxiety and the spread of rumors. It is also important to make every person feel essential in the organization to avoid internal rivalries and provide job security. Possibly the most important is to rid your organization of detractors. If they refuse to be a positive influence in the group and hurt the organization then cut them loose. The Staff of Direction, is all about guiding your people along the right path without coercion. Know where you want your organization to go, plan the path and keep you people moving towards those goals. Avoid dictating and demanding and try suggestions. Set an example for them to follow, not just making pronouncements. It is important to allow your people freedom to find their way, but also to set firm boundaries for them to avoid. Most importantly help your people when they get in trouble and use these mistakes as learning opportunities. Discipline in the workplace an always be a tricky task for any manager. The Rod of Correction, sets out to establish a foundation to approach this aspect of management. First of all it is important for you to protect your people from external threats and let them know you will protect them when needed. This can go a long way to help avoid some conflicts in the workplace. Also, monitoring your people’s progress along with the work’s progress can help you identify potential problems before they grow. The final aspect of discipline in the workplace is correcting these problems arise. Remember it is better to approach these situations as learning opportunities instead strictly punishment. Hopefully the first two steps mitigate most of the issue before they require any severe corrections. The last secret, The Heart of the Shepherd, ties everything together and reveals the most essential part of management. This is the most demanding aspect for the manager and often one that is neglected. The leader has to truly care for his people and be willing to make the commitment to them. Making the necessary sacrifices and showing your people that you have a heart for your people is the mark of a great leader. Never ask more of them then you are willing to give. Don’t just be a hireling, give yourself to your people and they will reward you in return. The Way of the Shepherd is a simple no nonsense book on the basics of being an effective manager. I doubt many readers will find a grand revelations in the concisely written book. The authors help put these basic and timeless lessons into perspective for any level manager. Likely many have never seen the information presented in this manner and this is where I think the book really shines. I can easily see myself going back to this book regularly in the future. This book helps remind the reader that the basics matter and can make or break a leader. Periodic self-evaluation by a manager with the help of this book could help some mediocre managers make the transition to greatness.

Friday, September 20, 2019

Symbolism in The Glass Menagerie

Symbolism in The Glass Menagerie The Glass Menagerie, by Tennessee Williams is a short play that uses a large variety of symbolization throughout to describe the emotional, physical and social state of each of its characters. Laura is a very fragile young woman that lives in a lower class, shabby apartment with her older brother Tom, and her eccentric mother Amanda. Laura feels as though she is an outcast in contrast to the rest of the world. Among the many recurrent themes of this play the fragility is shown in a little unicorn that safely exists within a glass menagerie. There are other less prominent symbols such as the colors of a rainbow, blue roses, and the exit, and entrance to the apartment. Lauras glass menagerie is an important symbol. Laura does not want to be involved with the world outside this â€Å"dark, grim† apartment that she lives in with her mother, a â€Å"proud, vivacious woman, Amanda,† and her brother â€Å"Tom, an aspiring poet, and shoe warehouseman.† (ebscohost.com). She prefers the comfort of her â€Å"transparent glass animals† (478). Laura would rather spend time with her tiny glass horses and unicorn figurine, listening to her old records. She would prefer to do this all day rather than having any contact with other people. One of the clearest symbolic uses of the glass figurines happens at a point in the story when Laura and Jim are left by themselves. Laura makes the statement â€Å"You should always take good care of your glass.† (510) Again, we see the symbolism of the glass unicorn and the fragility of Laura. Laura is very shy and innocent, very much like the glass figurines she cleans throughout the day. All though it is very fragile, much like Laura herself, the glass shines and glistens, magnifying many colors of the rainbow in the light. The glass unicorn is obviously the most symbolic of Laura! Reading between the lines as Jim and Laura are talking, it is easy to see that the unicorn represents Lauras unusually different, delicate, and uncomfortablenss in the normal world. Jim makes the statement. â€Å"Poor little fellow, he must feel sort of lonesome†. It is obvious that Laura has felt lonesome most of her life, and Laura replies â€Å"the unicorn sits on a shelf with some normal horses that do not have any horns, and they all seem to get along nicely together.† (p512) During Jim and Lauras short romantic encounter, for a moment, Laura is feeling more confidence. Its as if she is beginning to feel a little normal like her horses. When Jim accidently knocks the glass unicorn to the floor, and breaks the horn off. â€Å"The unicorn has lost its horn. It doesnt really matter. It may be a blessing in disguise.† Laura states, and â€Å"I will just imagine that it has had some kind of operation.† And â€Å"with the horn removed he may feel less freakish! Now he might feel more like he is one of the horses, the ones without any horns†. (p513) For a moment Laura is happy and uplifted. She begins to smile and feel the tension of uniqueness lifting from her. Jim sees this and starts dancing around with her, and eventually kisses her. All of this gives us the slight impression that Laura may finally be escaping the illusive world in which she has lived for most of her life. Laura is for a moment, starting to feel more accepted, especially from Jim. For a moment she is feeling less conscious about her physical disabilities. She starts to open up just a little bit. Its not long after all of this that Jim tells Laura of his engagement to another woman. Laura is broken. She is broken inside, and no longer feels the same uniqueness that she once felt with the glass unicorn. She looks at Jim, and tells him to take the unicorn. Its as if she has let go of something inside. Past dream like memories of a love that she once had for Jim, have now been lost in the reality of Jims words. Laura has spent many years polishing, and taking care of her glass menagerie, and keeping her unicorn safe from the outside world. But, now it has been exposed, and in turn it has been broken, just as Laura has been broken. The dream of maybe, some day having love from a man, and being normal has now been replaced with a broken heart, and a withdrawn sadness. As the introverted and shy Laura is lost even further in to herself. We begin to see a glimpse of the symbolisms in the use of the rainbow and its colors. But it is less obvious than that of the glass unicorn. The rainbow signifies that there may be some hope in the future. Tom gives Laura a glimpse of hope, â€Å"Laura is overwhelmed with emotions when Tom pulls out the rainbow-colored scarf and tells the story of how a magician changed a bowl of little fish into canaries. Towards the end of the play, Tom reflects on Laura as he gazes at some broken colored glass, and imagines his shattered sister Laura and her broken spirit†.(ebscohost.com). Tom wishes in the symbolic sense that he could blow out the candles of his sisters despair. He also reflects on how Laura would spend hours polishing her glass animals, keeping them safe from the rest of the world. There is sad irony in Tennessee Williams play when you think about the symbolism of the rainbow. Although rainbows seem to be positive, bright, and hopeful signs that a new day is coming soon, there is usually much pain that must be endured before that time, if it ever comes. There is quite an array of symbolism that helps to form the character of Laura. Tennessee Williams uses the color of blue in Jims nickname for Laura. Like the rose, Laura is fragile, and like the color blue, she is shy, innocent, and very sad. Works Cited Fambrough, Preston. Williams The Glass Menagerie. Explicator 63.2 (Winter 2005): 100-102. Academic Search Complete. EBSCO. Northwestern State U, Watson Lib, Leesville, LA. 17 Mar. 2008 < http://search.ebscohost.com>. Reese, Jennifer. The Glass Menagerie. Entertainment Weekly (28 Apr. 2006): 143-143. Academic Search Complete. EBSCO. Northwestern State U, Watson Lib., Leesville, LA. 17 Mar. 2008 . Williams, Tennessee. â€Å"The Glass Menagerie† Literature for Composition: Writing Arguments about Essays, Fiction, Poetry, and Drama ed. by Sylvia Barnet, William Burto and William E. Cain†¦8th Ed New York. 2007: 499-519.

Thursday, September 19, 2019

Joan Eardley - Social Realist, Neo-Romantic or Abstract Expressionist? :: Visual Arts Paintings Art

Joan Eardley - Social Realist, Neo-Romantic or Abstract Expressionist? In asking others[1] on their opinions of Joan Eardley the initial answer was usually the same; that generally Joan Eardley’s works are concocted in a realist style. Though, each of my sources, after some thought and discussion, changed their minds during the course of the debate. However, I will attempt to define Eardley’s work through personal opinion and analysis in the following essay and will hopefully finish with a fuller understanding and a more sound opinion of her work. There are very few published works on Eardley and therefore, limited ideas in print. This has proved a great advantage in the answering of this question since my primary inspiration (evidently this should always be the case) has been solely the works themselves. In addressing the definitions of the terms in question, I came to the conclusion that Eardley did in fact employ a little of each genre in her paintings. Social Realism aims for the, â€Å"...truthful, historically concrete portrayal of reality in its revolutionary development...† It also shows â€Å"idealised representations of heroic workers and soldiers, in a naturalistic style.†[2] In considering the latter part of this definition, it seems fitting to refer to Eardley’s ‘The Mixer Men’ of 1944 [Plate 1]. This painting was inspired as a result of her job as a carpenter’s assistant. The piece is full of gritty realism and is truthful in the sense that Eardley painted them through direct human contact. She slaps on the canvas a vision of how she sees these men which is in this case from behind the predominant figure. This viewpoint in reminiscent of Degas’ ‘keyhole’ effect and possibly reflects her interest in the style and composition of this impressionistic artist. This notion of personal and human contact was very important for Eardley throughout her career. She made clear that she thought the story behind her sitter was just as important as the final outcome. The fact that she was painting real pictures of real people is a key factor when looking at her paintings. She did not abide by what was thought to be socially acceptable at the time. A prime example of this was her painting of friend, Angus Neil, entitled, ‘Sleeping Nude’ of 1954-5. [Plate 2] This piece was shown at the annual exhibition of the Glasgow institute in 1955 and caused huge uproar. The very idea of a woman painting a male nude, and depicting him so blatantly and gaunt, was deemed unacceptable. The painting itself tells no lies and reflects no flattery on the sitter. The brushstrokes are reminiscent of Van Gogh and in the same way, express Eardley’s mentality at the

Egyptian, Babylonian, And Hebrew Religions Essay -- essays research pa

Egyptian, Babylonian, and Hebrew Religions Egyptians, Babylonians, and Hebrews have similarities yet also differences in their religions. The importance is not in the similarities as much as it is in the differences that distinguish the cultures from each other and their views on life. I would like to point out each civilization's creation and flood story. By analyzing these stories we can come to a better understanding of their world views. The Hebrew creation story from the book of Genesis is one that most people know well. In the beginning God created the heaven and the earth. The earth was without form and void. God said, "let there be light," and there was light. He then separated the light from the darkness. He also created the land, plants, and animals. He saw everything he created and, behold, it was good. The heavens and earth were completed and all that dwelled within them. On the seventh day he rested. The earth was complete, but there was nothing to take care of this creation. So, God created man in the image of himself. Man was created from the dust of the ground. God gave him the breath of life and the man became a living soul (Moses 1:1-2:7). With the background of that story, one should look at the Egyptian interpretation of the beginning. At first there was nothing but chaos that contained the seed of everything to come. In this confusion the sun god dwelled. By an effort of his will he emerged from chaos as Ra and gave birth to Shu, the god of a...

Wednesday, September 18, 2019

baseball turnaround Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The title of this book is Baseball Turnaround and the author is Matt Christopher. This is a story of baseball and how it is a team sport. The book relates with the title by showing how this boy named Sandy Comstock that plays on the Grantville Raiders and has a big game coming up. It was against the Newtown Raptors. He wanted to beat them and become one of the best teams. By the time he knew it he ended up on the Newtown Raptors team and he was going to play is old team. It was kind of like a baseball turnaround. Sportsmanship is an important when you are in sports. When Sandy was coaching the Dolphins, an orphanage baseball team, he gave good comments like â€Å"you’ll get ‘em next time† and â€Å"nice job†. He always kept the kids motivated and ready to go by giving high fives and slapping each other’s hands. When he was playing on the Raiders he missed an easy catch and some people would go off on a rampage but Sandy he just kept going like it never happened. When Perry Warden Showed up to one of Sandy’s games he kept saying negative remarks like â€Å"nice job†¦not† and â€Å"get him out of there†. That doesn’t only hurt Sandy but it hurts his teammates. One game Sandy was playing, the other team lost and a kid went wild and he started insulting Sandy’s team and threw his glove and he was mad. One night, Sandy went to the store because everybody was busy at his house and it seemed to him they did...

Tuesday, September 17, 2019

Life without Art Essay

Life without art is boring and dull. But often at times, art is a subject that is underestimated in schools. The art courses in many schools are being cut back across the country. Many classrooms now have little supplies, and some courses are being taken away entirely. There are many reasons to which students need the aspect of art education in their curriculum, whether it is because it is an outlet for them to explore their creativity, or to work in a way that is soothing and in a stress- free environment. Art should be a mandatory subject to be taught in elementary and middle school as a child is growing up, but cutting back on art programs in schools seems to be a common solution to budget cuts since the 1970s when budget cuts began. Fewer public schools are offering art classes, whether it is in drama, dance, or visual art. This decline is due to budget cuts and an increased focus on math, science, and reading. Unfortunately, art classes are the first to be cut from schools, because the arts aren’t taken as seriously as subjects such as math and science because the arts programs are the first to be cut. This is a major problem in education. The movement to cut art from many schools has been growing in recent years. Education cuts are becoming more prevalent as schools face tough decisions on budgets. Unfortunately, art classes are usually some of the first victims of these cuts. Recent protests in California reflect the growing concern about budget cuts. Schools have already made cuts of $18 billion in California and more cuts totaling $4. 1 billion may be necessary (Kirkland 1). California is not the only state facing this situation. Lower tax revenues, increasing prices and the slow economic recovery have created problems across the United States. The event of recent cuts in the art programs is a serious issue, and when I become an art teacher I want to take a stand against it and teach my students how important art is in school. Why do people view art as a â€Å"light† or and â€Å"unimportant† subject? In the old days, fine art was considered a hobby for the rich and privileged. Now, it is talked down upon. According to Olivia Hauck, the author of 2009-10: Against Cutting Art and Music Programs in School, the study of music, theatre, and other forms of art have been shown to stimulate other parts of students’ minds and even keep them out of gangs and other harmful situations (1). Art and music programs in schools provide a different kind of learning environment that supplies alternative activities, while avoiding bad behavior. If kids are having fun in this different kind of stress free and expressive environment, they will be less likely to want to go and act recklessly. The arts are a way to present opportunities for jobs to students and other forms of self-discipline. Art increases critical thinking skills and enhances creativity, because drawing and working with different mediums to create pictures is expanding thinking and working on solving problems in a new way. This is important, especially for students that aren’t skilled at math or science. Art is crucial in schools so students have the opportunity to explore their interests and passions. The students that are affected by cuts in the art programs may not be able to afford private lessons or classes after school. And for some of these students, arts are what pushes them to continue going to school. Bob Sabol, president of the National Art Education Association, says, â€Å"You hear students say, ‘I found out who I was because I was able to explore my identity in the visual arts. ’ It validates who they are as individuals† (2). Art programs in education make it possible for students to explore themselves and their talents, which is the most important aspect of school. It’s the responsibility of educators to make sure that every kid is exposed to the arts, that they get their shot at being creative because — who knows — the person who cures something like cancer will probably be somebody who thinks like an artist† (Stauter, 1). Having an open mind and seeing things in different ways makes a person more likely to succeed in all areas of life. â€Å"You could have a budding Beethoven that could go undiagnosed because you didn’t have a music teacher to identify and nurture that talent,† said Debbie Fahmie, fine- and performing-arts resource teacher for Osceola County. If schools had no fine art classes, many students would have no opportunity to identify and develop their talent. They would be forced to go into fields that aren’t meant for them. Students are our future, and a future education without fine art could mean no more musicians, artists, actors, etc. Our world would be bland and lifeless without our artists, and the last thing that should be cut from schools are the art programs. I believe that all schooling should be divided into science, humanities and art. Science deals with the concrete, direct figures, and numbers that neglect emotions and view all humans as representatives of the living world and nothing more. Humanities are the classes that deal with the behavior, problems, and society. Art on the other hand is the subject that deals with the forms and beauty and allows us to think of the things around us as of useful objects that are worth our attention, time and effort. It should be treated just as equally as all other subjects. When I become an art teacher, I will make sure that I stress how important art is. I will show my students that art goes into all aspects of life. I want to expose my students with all different kinds of art, and encourage them to take different classes like drama, music of creative writing. It is important that students experiment with these subjects, because if not they may not have a chance to discover their passion. Cutting art programs in schools will be detrimental to education, especially for students that are more creative thinkers than concrete ones. Students mold our future, and they need to be able to explore their creativity as they grow up.

Monday, September 16, 2019

Meaning of Life and Ordinary Person Essay

I cannot sum up my philosophy with one broad term. I will discuss my philosophies but they all connect based on my main philosophy. My main philosophy is that hardship often prepares an ordinary person for an extraordinary destiny. Ordinary people from the past that endured through hardships, such as Anne Frank, Martin Luther K. Jr. and Caesar Chavez, had an extraordinary destiny. I am not comparing myself to these magnificent individuals, but they are a source of encouragement for an ordinary person like me. I felt in my heart that everything happens for a reason. There is no way that my life should have or could have turned out like this. My belief was solidified and my faith strengthened, when I became a mentor to the Women at La Casita Rehabilitation Center. I am perfect for this volunteer service! My experiences enable me to care so deeply and empathize with these women in recovery. I find meaning in this work. There is no monetary gain. It’s the intrinsic feeling I get when I see a woman get her 30 day, 60 day, 90day and 1year sobriety chip. This service provides me with gratitude for my recovery and humility. I was that woman, maybe not exactly, but the feelings were very similar. Another aspect of my philosophy of life is; life is not about finding yourself but creating yourself. I have developed my philosophy of life based on my experiences in life and made a decision to re-create myself. I am a fervent believer that you can become whoever you want to be in this life. We should not take life for granted because it is a gift and tomorrow is not promised to anyone. If you don’t like your circumstances, it is okay to change them. There are some things we have no control over, but for the things we can control, we have the power and responsibility to change it. If not, stop complaining and adjust to the situation. However, if we simply sit there and wait for things to change, it probably will not change. Or the situation may become worse over time. In the interim we will be missing out on the joys and blessings of life. At least this has been my experience.

Sunday, September 15, 2019

Lincoln: One of America’s Best Film

Both President Clinton and House Speaker Newt Gingrich have referred to Lincoln Electric as an example of an American firm that is one of the best in the world. This statement may be bold, though holds truth in many respects and Lincoln managers like George Willis, who was the CEO in the late 1980s and early 1990s adds to this statement: â€Å"†¦ I believe that we are the best manufacturing company in the world. Lincoln Electric is best known for its productivity incentive program, which has been widely cited over the years, and has attracted thousands of managers to company†s headquarters in Cleveland, Ohio to learn about one of the country†s oldest and most radical pay-for-performance systems. Founded in 1895 by John Cromwell Lincoln to manufacture electric motors and generators, The Lincoln Electric Company shifted its resources into manufacturing arc-welding products in 1911. Today, welding products account for more than 90 percent of net sales and range from basic units for light manufacturing to highly sophisticated machines used in robotics applications and high-production welding and fabrication. The remaining income is generated by electric motors and oxy-fuel and plasma cutting tools. The company is also the leading producer of self-shielded cored-wire electrodes and currently holds ninety percent of the world market in this area. With its over a 100 year existence, Lincoln Electric has had a successful past with a few downtimes, like the one during the 1991 recession because of an ill-conceived foreign-acquisition spree. Even during this time, the company kept its promise to its U. S. workers to pay their bonuses and went to extremes such as borrowing $100 million in 1992 and 1993, even though it lost $84 million in those years. The retired CEO Donald F. Hastings quoted saying: â€Å"We can†t break our trust with this group because of management mistakes and recessions elsewhere. From this unique example, we can understand the company†s genuine commitment to its compensation system. However, some argue that, after the 1995 sale of 40% of the company†s equity to public, this traditional close-knit relationship between management and the workers got affected. Lincoln Electric employs 5,700 workers worldwide and operates 16 manufacturing sites and 17 distribution centers in 11 countries. In 1995, the company celebrated its centennial year by posting record sales of $1. 03 billion. With increasing sales every year after 1995 – $1. 09 in 1996, $1,159 in 1997, the company is holding its leadership position in the manufacture of arc welding equipment and consumables. Lincoln†s longstanding commitments to linking pay to both individual productivity and the profitability of the corporation makes it an ideal case study for any business student. In this paper, I will explain the unique pay-for-performance compensation system of Lincoln Electric as well as investigating this system in our class context, also explaining the international expansion of the company. Incentive Performance System: its strength and weaknesses It was James E. Lincoln, John Lincoln†s younger brother, whose philosophies and beliefs about workplace relations shaped Lincoln Electric†s unique culture during his long term as head of the company from 1914 to 1965. The firm has had only a handful of leaders in a century of operation, which are mostly promoted within the company. Likewise, jobs at Lincoln Electric plants are highly prized and employee turnover is low. I think it is impressive that no one has been laid off since 1948, and the turnover rate is less than 4% among those with at least 180 days on the job. â€Å"There isn†t any other place to work like Lincoln Electric, they take care of you. † says Kathleen Hoenigman, an 18-year veteran. In today†s competitive markets, it is important to have dependable highly skilled workers and Lincoln Electric clearly is a great employer according to some employees like Mrs. Hoenigman. Companies like Lincoln Electric can afford to provide consistent employment, no matter what, by working and managing better. Thinking ahead and having creative solutions for when there is a downturn is what management is all about,† Hastings said. It really makes sense when one thinks about this statement: if no one worried about losing their job, then employees would create change instead and this kind of an ideology would definitely have a great impact on productivity. High wages, high productivity, and a high level of trust between management and workers characterize the laborer-employee relationship and this culture at Lincoln. Policies such as the â€Å"open-door† policy helps build this trust and while encouraging the employees to bring suggestions for improvement also helps the management to have non edited, raw data from their workers. It is true that millions of American workers, from sales representatives to truckers, are paid on a commission basis or according to their output. Many others collect annual bonuses tied to their employers† profits and revenues. But Lincoln is nearly unique among large American companies, paying all shop-floor workers according to a formula based on how much they produce and how much the company earns. Lincoln Electric†s compensation package for factory workers consists of a piecework system for base wages and a year-end bonus. The piecework system however is probably the major part of the total incentive system at Lincoln Electric. With this system, a worker can make more per day or per week or per month during the year with or without a bonus. The workers are paid on the quality of what they produce. Thus, in a way, Lincoln†s 3,400 U. S. employees are supposed to be self-managing entrepreneurs. Each employee is accountable for the quality of his or her own works and is rated twice a year on quality, output, dependability, cooperation and ideas. The ratings determine how much of the total corporate bonus pool each worker will get, which comes on top of his or her hourly wage. There†s minimal supervision and employers only get paid when they work, and there is no sick or holiday pay, which created some problems for Lincoln Electric in their foreign subsidiaries. â€Å"How much money you make is in your own hands,† says Thomas Gadomski, a painting-crew leader. All 3,400 Lincoln Electric shop-floor workers do well, with wages averaging $58,000 in 1995 (the last year for which company would provide data), not counting the value of their decent package of medical, vacation and retirement benefits. On the other hand, the programs developed 40 years ago at Lincoln to boost the production are helping contain workers compensation costs. Gil Frey, director of employee benefits and relations, said the company saves about $44,000 per month as a result of its return-to-work strategies. Despite all the incentives and high salaries, the company, which is publicly traded in NYSE, hardly operates as a charity. 1997†³s net income of $85 million represented a 20 percent return on shareholder equity in a very competitive industry. Donald Hastings who is strong defender of the piecework system argues against the people, who consider the piecework system as a type of 19th Century pay system that was designed to take advantage of the worker, and he adds that it is what killed the piecework system in the U. S. Thus, he believes that the piecework system at Lincoln has fairly set rates. However, very few manufacturers have taken the pay-for-performance route, and the reasons are not actually hard to comprehend. For one thing, it is difficult to sustain large differences in pay for the same job category also measuring individual productivity in industrial settings can be a challenge all by itself, unless if you have a well established system like Lincoln. Yet I am sure that, at times inevitably there is ambiguity at Lincoln too, but clearly it is very minimum. These are some of the reasons why it would be difficult to replicate Lincoln†s success, because it also requires highly disciplined and motivated labor. Moreover, in addition to piecework bonus system, guaranteed employment up to 30 hours and the annual bonus system where employees are paid once a year up to an average of 50% to 60% -recent years† average- of the base pay created a sense of ownership among the employees. Lastly, as a result of all these incentive systems, the high productivity and high output rate with less defects, and innovation gives Lincoln Electric the competitive edge in the market. One manufacturing manager explained it perfectly: â€Å"We strive for high productivity based on employee effort, continuous improvement in production processes, and a seven-day-a-week utilization of equipment. By passing on cost savings to our customers, we generate very high demand that allows you to send everything you make straight out the door. † These are the main strengths of Lincoln Electric, but just like any other organization, Lincoln Electric have some weaknesses too. Unfortunately, the Lincoln incentive model is not quite the smashing success it once was. Problems started with the recession in 1991, and in 1995, after management stumbles forced the family-controlled manufacturer to sell more shares to the public. From that point on, Lincoln started looking more like a public company. With new shareholders, and new board members came new ideas, which had impacts on some of the core values of the company, and the worker bonuses has started getting smaller. At the same time, management was readying itself for an expansion to remain globally competitive, putting even more pressure on the balance sheet. Even though that very same year, the company celebrated its centennial year by posting record sales of over $1 billion and record earnings, this was a year of change for the workers. All those factors I listed above crimped bonuses. For workers who expect high bonuses if they deliver in output, this shift must have hurt their morale. As new global markets are emerging for Lincoln†s business, the company has started questioning and reviewing their one-of-a-kind pay system. The company is by no means ready to completely change or get rid of the incentive plan, which once paid employees 100% of their annual wages in annual performance linked bonuses. But now with the new markets that the company is in too, the executives are considering ways to move toward a more traditional pay scheme and away from the regular percentage-bonus formula, or may be a mixture of the two. â€Å"The bonus program is a good program, and it has worked well, but it†s got to be modified some,† says director David C. Lincoln, whose father John C. Lincoln founded Lincoln Electric. So, the question is for how long more Lincoln†s pay plan can survive rapid growth of the company and globalization? Also the wide range of wages cause some problems within the company. The average Lincoln factory worker earns $16. 54 an hour, vs. the $14. 25 average manufacturing wage in the Cleveland area. With a 56% average bonus in 1995 – the lowest in years – production employees came out ahead of workers elsewhere even after paying for health-care benefits. But unlike at other companies, Lincoln has huge variations in production-worker pay: from roughly $32,000 to more than $100,000 for the most hard-driving. There is also a tremendous pressure to produce, but an employee board meets regularly with the top management to report workers† concerns. And Lincoln guarantees work to employees with three years† experience. Still, it gets harder and harder everyday to live up to the old deal. Even though, the company has bounced back from stumbling overseas, it has yet more problems to overcome. During this period, Lincoln had financially weakened. To make better acquisitions and expand further, Lincoln made its first public offering in July 1995, pushing outsiders† stake to 40%. It also slashed total debt by 40% to $130 million, and paid a lower bonus per person, though the total bonus pool was a record $64 million. Naturally, slimmer bonuses somewhat changed employees† attitude towards the system and the company. In November of 1995, some employees protested outside headquarters after they learned of the bonus size. Also again during this period, the turnover among the new hires was high, and the disparate pay upset the veteran Lincoln employees. â€Å"If an individual shows he can handle the workload, he should be rewarded with full pay† commented Joseph Tuck, an inspector with 18 years at Lincoln. Because of the protests, CEO Hastings eliminated the two-tier wage on December 1, 1995. This was a dilemma for both the company and the workers, both of which had never experienced this kind of a situation before. To edit the pay system without causing any resentment, the company set up a committee to study the bonus program and had even hired Price Waterhouse to study productivity. Even though, Hastings pledged at the time that the incentive system would remain the same, over time, he wants employees to focus on the overall earnings, not just the percentage bonus they receive. And that should be a tough job to do, to implement this kind of an ideology in employees† mind, who has worked so many number of years in a fixed, particular system. Lincoln Electric†s International Expansion On other hand, as I have mentioned earlier in the paper, because of both legal and cultural issues, Lincoln†s basic systems like the incentive system and annual bonus pay system did not work in many of the overseas operations in the long run, even though at the beginning it was successful. And, I think Lincoln Electric had especially a hard time understanding that operating and international business calls for a lot more than just technological skill. Also, I believe that the company didn†t truly understand the cultures of those countries where it expanded. The general assumptions made, such as the belief that everybody in the world would be willing to work a little harder to enhance their lives and their families and their homes didn†t turn out to be true for everyone. It was an inaccurate assumption and this was one of the main reasons why the company had to pull out of Germany. The underlying reason for this was mainly because Lincoln Electric executives didn†t know how to manage an international operation, nor did they have the international experience. Furthermore, the way Lincoln had gone about expanding internationally was too rapid an unstructured. Also, there were other barriers such as high tariffs, high manufacturing costs, highly unionization and misconception of Lincoln Electric†s incentive system. After closing down plants in Germany, Brazil, Japan and Venezuela, and reporting losses from these operations in 1992 and 1993, I am sure Lincoln Electric is going to be very careful about not starting another acquisition spree. During these losses however, the company expanded the number of employees in the United States, but I am sure that the firm will be going back to overseas in the future. This time though, they want to be very careful in selecting the region for the new facility, as well as the managers and the workers. One of these new markets that Lincoln has interest in is the Asia-Pacific area, including mainland China, and the company is already in the process of getting some alliances in Indonesia and Malaysia. These new interest regions may shape the future of Lincoln Electric. If we were to make a cost-benefit analysis for Lincoln Electric, we would find out that the company has a lot of pluses. Even after all these charges against it, Lincoln†s pay system is likely to remain innovative than most. But as it tries to hire more outsiders, expand further abroad and modernize, â€Å"we†re getting to be a more normal company,† says Director Frank L. Steingass. That may not be quite what eager visitors to the headquarters in Cleveland, who want to learn the secret of incentive system expect to hear. But if Lincoln can adapt to new times without sacrificing employee good will, another model pay plan may yet emerge out of this company. The over century long history and tradition, along with great organizational and pay systems, Lincoln Electric has a very strong organizational culture, especially in the United States. However, with the new emerging markets around the world today, Lincoln Electric can not afford to stay out of the global competition. Finally, I believe that its employees will always move Lincoln Electric to greater heights, no matter what. The former CEO Donald Hastings states this idea in a very profound way: â€Å"It†s a two-way street at Lincoln. We look after our people and they look after us. â€Å"

Saturday, September 14, 2019

Examine the effects of the impact of human activity on soil

In the context of living in the modern world the environment is very important to study and maintain. As technology advances the world we live in is changing, but sometimes these changes are disturbing the balance of nature that has been well established for thousands of years. The effect that we are having on soil is often very detrimental; erosion is an ever-present problem all across the globe. I aim to investigate the impact that human activity has had on soil, and evaluate solutions to the problem. Initially it is important to look at what can be damaged and what the risk is to soils. The main threats include erosion, acidification, pollution, compaction, organic matter loss and salinisation. The increasing amounts of fertilizers and other chemicals applied to soils since World War II, has caused great concern over soil pollution. The application of fertilizers containing the primary nutrients, nitrogen, phosphorus, and potassium, doesn't lead to soil pollution, the application of trace elements does. Sulfur from industrial wastes has polluted soils in the past. Read this Ch. 22 Respiratory System When lead arsenate was used on crops this had deadly effects but this is now outlawed due to these. The application of pesticides also leads to short-term soil pollution. Ploughing was once a major erosion-causing problem. The way it used to be carried out was known as clean cultivation, which left the topsoils exposed to all natural erosive problems. This was done by the use of the moldboard plow by farmers, now replaced by better ploughs, which leave a litter layer on the surface to prevent erosion. Irrigation is the artificial watering of land to sustain plant growth. This happens across the globe in areas where the water budget is below the required amount. In dry areas, such as the southwestern United States, irrigation must be maintained from the time a crop is planted. In 1800 about 8. 1 million hectares (about 20 million acres) were under irrigation, a figure that has risen to more than 222 million hectares (550 million acres) today. Irrigation, however, can waterlog soil, or increase a soil's salinity to the point where crops are damaged or ruined. The irrigation of arid lands often leads to pollution with salts. This problem is now jeopardizing about one-third of the world's irrigated land. About a third of all soils in England and Wales have been identified as being at risk from water erosion. Another careless error of human kind is to let overgrazing to occur. Overgrazing, which in time can change grassland to desert, can be seen causing great problems in the USA. The dustbowl effect is evidence of this. It is believed by some historians that soil erosion has been an underlying cause in various population shifts and the fall of certain civilizations. Ruins of towns and cities have been found in arid regions such as the deserts of Mesopotamia, which shows that agriculture was once widespread in the surrounding territory. To remedy these problems we have to act fast. In protecting soil we have to consider not only the land but also the land use and the pressures on it, and then find the correct balance of how to help both the land and people. Often without the money coming in from industry and farmers the land that we need to conserve would have gone to waste anyway and there money is preserving it already. Farmers have been looking for solutions for centuries, and in the Middle Ages in Britain and to present day crop rotation was a possible solution. This is where through different seasons different crops were used, and sometimes the field was left bare to recuperate. In modern rotation systems soil-building plants are used. These crops hold and protect the plants during growth, and also when mixed in to the ground provide much needed nutrients. Special methods for erosion control include contour farming, where the farmer follows the contours of sloping lands, and ditches and terraces are constructed to reduce the runoff of water. This is particularly useful in areas with high precipitation. Another soil-conservation method is the use of strip-cropping. This is the use of alternate strips of crop and fallow land. This method is valuable for control of wind erosion on semiarid lands that need to lie crop-free for efficient crop production. Without human activities, losses of soil through erosion would in most areas probably be balanced by the formation of new soil. On new land a layer of vegetation protects the soil. When new industry is formed in an area the protective canopy of trees that would shield the ground from a lot of rainfall is destroyed which greatly speeds up erosion of certain kinds of soils. Erosion is less severe with crops such as wheat, which cover the ground evenly, than with crops such as corn and tobacco, which grow in rows and have bare spaces. When ramblers go out in the countryside they cause another problem, trampling. Through repeated trampling the ground gets ruined and so do the plants, until walkers use alternate paths and also eventually ruin those as well. These methods are all very effective in combating erosion. They are split into five categories, revegetation, erosion control, crop management, run-off control and soil reclamation. The latter is done through drainage. I believe the easiest of these to use is good crop management. This would mean a well-stratified plan to the use of the land b the farmer. It is the cheapest to do, as no alterations to the land are required. It can be done globally but in poorer areas there may be too much pressure to maintain this. At Kinder Scout in England revegetation has been a successful move, replacing plants where walkers had trampled them. The conclusion I am making is that for every soil where human problems have had a diverse effect, it will be a different solution required. There is no standard answer, and farmers, walkers and industrialists need to come up with their own.

Friday, September 13, 2019

Connotation Impromptu Essay Example | Topics and Well Written Essays - 250 words

Connotation Impromptu - Essay Example The Lexus target market ranges for people around the age of forty, with a strong household salary. The luxury market back in 1989 had Lexus brands sell around 25,000 cars in hope of achieving a target of 65,000 cars. With the main rivals of Lexus being brands such as Mercedes Benz, the target market of majority of its brands is well-off customers (Anurit, Newman, And Chansarkar, 2006, p. 15). The choice of target market made by Ford while manufacturing the escort brand revolves around the model of product life sequence. This choice has an impact on its advertising and pricing strategies through marketing mix (University of southern California, 2010). Since Ford Escort is a commodity model of this specific industry, its price and mode of promotion is defined by the targeted market, breaking down the promotion procedures into stages. These stages have been used by Ford to realize the standard income made the youthful market and be able to set prices for the escort model. The choice of target market affected the pricing and advertising strategies of the Lexus vehicle brands through product positioning. Unlike Ford, Lexus fixed its models right before customers who could find them affordable, instead of directly looking the customers. Lexus believed their brand would sell in terms of benefits that can be offered to customers through new ways. This way, Lexus could always be affiliated with luxury living, creating a standard means of living able to be felt and understood by its customers. The image of Ford has been tarnished after the economic downturn began in the European market. As a result, its market will only stand to widen should the company make changes in its financial structure. Ford Escort buyers mainly comprise of youthful individuals without a strong household salary. Therefore, changes in the economy will definitely affect their choice of purchasing the brand,

Thursday, September 12, 2019

The performance management system of Colbran Medical Institute Essay

The performance management system of Colbran Medical Institute - Essay Example They tend to contribute towards their organization staunchly and scrupulously only when they are motivated, and their contributions are valued and appreciated by their organization. Valuing ones contribution and supporting their initiatives is possible only when an organization realizes its employees’ contribution in a way it should be realized. This is possible with proper implementation of an objective performance management system. Using objective measures of performance evaluation makes employees clear that organization follows procedural justice and rewards them according to their contribution. The end result of objective performance evaluation is motivation, commitment, encouragement, job satisfaction, and greater employee retention that contribute towards organization’s profitability in the long run. Moreover, with objective performance appraisal followed by good reward administration makes employees loyal and more committed towards their respective organizations . Thus, we can say that objective performance evaluation followed by performance appraisal accompanied with proper reward administration makes employees motivated and committed towards the organization. ... When organizations communicate their employees the performance standards and key performance indicators clearly, that helps businesses in achieving competitive advantage because employees with a clear goal of what is expected of them, in terms of their performance, become more devoted and committed towards the organization. They tend to direct their behaviors in a direction that lead towards successful completion of their tasks. In addition to this, with management by objectives (MBO) and clear performance standards, employees get a clear track and set their individual goals in chase of achieving organizational objectives. According to Armstrong (2000), performance management is a shared process between employees and managers. In huge organizations, managers set clear objectives and performance standards, and communicate them to the employees so that they can direct their behaviors towards the accomplishment of organizational goals. However, the basic purpose of performance managemen t as outlined by Armstrong (2000) is the establishment and identification of the means of getting better output or results at individual, team, and organizational level by communicating the performance standards and objectives clearly to each of the entity whose contribution towards the organization is considered as worthy and important. According to Philpott and Sheppard (1992), the fundamental goal of the implementation and establishment of performance management system is to develop an organizational culture that nurtures employees for continuous improvement of business processes and their own skills, knowledge, and abilities. Providence of a guideline and development of a working ladder is

Wednesday, September 11, 2019

Sentiment in financial markets Essay Example | Topics and Well Written Essays - 1750 words

Sentiment in financial markets - Essay Example But if you have no feel for what the expectational environment is, you're kind of flying blind. You might have a good feel for the fundamentals and the technicals, but very often it's the expectational backdrop that makes the difference. For example, many investors are frustrated because they own a stock and the stock's earnings meet or perhaps even exceed expectations. And lo and behold, the stock goes down and people are at a loss to explain why. But for other stocks, the earnings come in and exceed expectations, and the stock skyrockets. Why the difference The reason is sentiment. Very often, the sentiment had been excessively bullish before the positive earnings report. In the days before the announcement, there may have been a heavy accumulation of call options. So there is a lot of anticipatory buying of the stock, which then pretty much has run its course when the earnings come out. But with these and other measures, you must wait until they get to some kind of extreme level before they carry contrary implications. For example, when everybody who could potentially be bullish is already bullish, then essentially most of the buying power in that particular market has been dissipated. At that point, the market becomes very vulnerable to selling because there isn't enough buying to offset the selling. Similarly, if only a very, very smal... Perhaps they have even shorted the market. That means the market has become more primed to move upward because if buyers should come in they will not encounter much selling pressure because the selling has already occurred. So imagine a poll today that says 80 percent of futures traders are bullish. Remember that people, whether futures traders or individual investors or market-letter writers, tend to be trend followers. Their opinion tends to be a reflection of what's going on in the market. So if 80 percent are bullish that doesn't mean that the market is at its peak. No. 1, you would expect them to be bullish, and, No. 2, they can always get more bullish. I think this points out a trap that the bears have fallen into. They've noticed signs of bullishness, namely the amount of money that's flowing into mutual funds, the investment clubs, the Beardstown Ladies' books and so on. You get into trouble when a market is in a powerful technical trend and you analyze it without reference to the fact that you expect people to be bullish in a bull market. When a stock rises on positive earnings, which also occurs often, there may have been a lot of concern about the earnings report and investors may have bought a lot of put options, or shorted the stock. Without a measure of sentiment that is accurate, you can go down all kinds of blind alleys. Some of those who have been bearish on the stock market will tell you that there are many more investment clubs than there were 15 years ago, or that mutual funds now outnumber the stocks on the Big Board. These are all good cocktail-party things to talk about, but they're not really measures of sentiment that have parameters associated with them. They're just anecdotal. Academic