Hotel Management free essay sample

Lodging the executives and advertising for accommodation greatness and improved benefit â€Å"Handmade Hospitality† neighborliness the executives. â€Å" Our main goal is to oversee and create Welcome to HSV Hospitality Management †your total answer for dynamic lodging the board and advertising your inn utilizing our broad experience, assets, worldwide collusions and significant level aptitude. Our devotion, duty and enthusiasm to convey on our guarantees permit you to improve your speculation while being discharged from every day the executives duties. You would then be able to appreciate the genuine feelings of serenity to investigate new pursuits and openings Craig Seaman â€Å" H SV Hospitality Management furnishes inn and resort proprietors with turnkey the executives and advertising arrangements. It use our quality, experience and reputation of having innovatively and viably tended to the difficulties confronting the accommodation business and business when all is said in done. As such you will be bolstered by a refined foundation and a profoundly experienced supervisory crew who sees how to handle and resolve the center issues of advancing income over the range †from expanding room deals, overhauling F B income, boosting meeting and gathering openings and improving the exceptional picture and situating of your property. We welcome you to peruse this leaflet since it makes the way for a significant number of the exceptional focal points and advantages that ou will appreciate because of the aptitudes, assets and overall introduction that HSV Hospitality Management can give. HSV Hospitality Management 3 We are focused on furnishing you with master the board administrations to enhance your arrival on speculation W ith our experience, skill and assets available to you, you have the affirmation that your lodgings and resorts are in safe hands. †¢ We assist you with creating sensible objectives for your properties and set up them as a regular occurrence. We will break down the market and make a compelling field-tested strategy. You will be given point by point and inventive promoting plans and proposed capital upgrades where fitting. †¢ You will get intermittent reports on progress, and we will call attention to territories requiring consideration. †¢ We will guarantee that physical support and capital enhancements are completed. †¢ Your staff will turn out to be profoundly energetic through demonstrated human asset strategies that support a feeling of having a place. †¢ We improve your hotel’s benefit by passing on the ull limits we accomplish through our volume buying abilities. †¢ Your deals will be advanced through an expert, arranged deals exertion, just as showcasing and vital associations. †¢ You will approach dynamic promoting instruments. †¢ You will appreciate reasonable, sensible charges that incorporate a base administration expense, an impetus the board charge, term lengths and abrogation provisions intended to suit your financial plan. We are committed to developing the worth and productivity of the advantages endowed to us by our customers. The relationship begins with a progression of conversations and starting property visits through which we increase a total comprehension of the structures and their offices, their condition, the market condition, working techniques and existing staff. Utilizing this data, we present you with a suggestion that will empower us to deal with your lodgings or resorts all the more viably and financially so you can streamline the arrival on your venture. 4 HSV Hospitality Management Core benefits Freedom from everyday administration issues †¢ Regular and significant reports to help dynamic †¢ Exceptional human asset abilities to guarantee the best staff determination and progression of skill †¢ Emphasis on accomplishing ideal Revenue Per Available Room (RevPAR) †¢ Sustained drive to upgrade visitor fulfillment †¢ Service gauges at the most elevated worldwide level †¢ Proven master income the board †¢ Global circulation arrange which is the most remarkable on the planet †¢ Trustworthy money related frameworks and controls †¢ World-class the board frameworks †¢ Access to the most recent lodging e-showcasing innovation †¢ Focused and advanced internet business nearness We work at the most elevated universal level with complete genuine feelings of serenity Y ou will have the advantage of a full assistance contract with HSV Hospitality Management which will cover each part of operational administrations. Not exclusively will you have genuine feelings of serenity in the information that your property is being overseen ideally towards expanded benefit, however you will likewise be alleviated of the duty regarding completing the frequently troublesome undertakings of: †¢ Recruiting the inn administrator and other key staff †¢ Carrying out monetary administration, lawful and bookkeeping matters †¢ Managing HR †¢ Providing specialized help Our supervisory crew has broad involvement with overseeing lodgings at the most significant level. We have your inclinations on a basic level and our agreement guarantee speaks to long periods of involvement with fulfilling customers such as yourself. The agreement epitomizes the standards of die hard loyalty and responsibility and is a strong method of improving your speculation return and capital development. A suitable strategy to enable your business to flourish You will get an exhaustive and exceptionally viable marketable strat egy, in view of our abundance of experience. We get ready such an arrangement for every lodging we oversee, and it consolidates subtleties, for example, the hotel’s showcase condition, capital improvement needs and working history. You will likewise get action schedules for arranging and future observing. These help the promoting plan and help guarantee the spending targets are met. HSV Hospitality Management 5 We will coordinate your group with our own and guarantee they surpass desires You have to have no worries about incorporation as we have a demonstrated reputation of effectively mixing together inn groups and expanding gainfulness. We will work with your present group to guarantee that administration conveyance at your lodging will surpass visitor desires. We realize that this prompts beneficial referrals and rehash business. Your staff will likewise profit altogether from our Customer Service Improvement Program which guarantees that each colleague handles key help guidelines that will prompt the conveyance of remarkable friendliness. Experience has demonstrated that such a mentality prompts a lift in your primary concern. system to create and improve request. This will assist you with picking up perceivability and increment piece of the overall industry. We will exhort on framework enhancements to empower you to expand income. Property visits to guarantee on-going greatness As a feature of our administration, your property will profit by normal visits from our group †both booked and unscheduled †for examinations, meetings, the executives, advertising and so forth. We additionally convey ‘mystery guests’ who visit and remain in inns namelessly to write about help and guarantee quality gauges are met. reports giving month-to-date incomes, inhabitance and Average Daily Rate (ADR) for the current month. You will likewise get a progressively broad month to month report which incorporates, for instance, a dashboard of operational and money related execution just as income and advertising endeavors. Appealing, contemporary structure administration We have broad information and involvement with current patterns in inn items and plan and will be accessible to counsel to guarantee your lodging stays at the bleeding edge of the business. Mass buying openings You will pick up the benefit of our mass buying game plans which we work related to different inns we oversee. Therefore, you get customary investment funds that would not in any case be conceivable. Master income the board You will have the advantage of our exceptionally gifted Revenue Management Team, who will work intimately with your current group to prompt them on income the board and appropriation arrangements, guaranteeing most extreme benefits. Our group will help you in building up a reasonable business â€Å"Your lodging will flourish and develop under the â€Å" Extensive detailing for simplicity of the executives and control You will get customary reports as regularly as you wish †contingent upon your requirements. Numerous customers get week after week aring mentorship and significant experience of specialists who comprehend and love the inn business Bruce Griffiths (HR) 6 HSV Hospitality Management You will profit by an ethos of devotion to greatness H SV Hospita lity Management was birthed out of a privately-run company extending more than three ages and one of the biggest private property organizations in South Africa †Louis Group International (LGI). LGI is a family-possessed venture that has delighted in almost a century in business and has reliably applied family and Christian qualities to every one of their dealings. Their accomplishments have been perceived in South Africa’s Top National Companies. Well beyond the acknowledgment of its business accomplishment, the Group has additionally been included in Best Companies to Work for in South Africa, which affirms that the ‘family feel’ of the Group has a reliably positive effect on its representatives. The Corporate Research Foundation likewise granted the Chairman and CEO the No. 1 Executive Management Team (2008/2009) and around the same time the No. 1 Best Managed Company in the Real Estate Sector. LGI has huge worldwide experience and today it’s venture reaches out into the UK, Germany, Switzerland and Isle of Man. As an ascribe to the achievement in these purviews Dr. Alan Louis, LGI CEO, was granted the Lifetime Achievement Award for Entrepreneurial Excellence from the International Biographical Center in Cambridge, England. Despite the fact that property and venture exercises stay at the center of the Group’s business, our profoundly relationshipminded and arrangement driven methodology normally drove us

Discussions Essay Example | Topics and Well Written Essays - 500 words - 3

Conversations - Essay Example Beside this, he likewise utilizes the word â€Å"come† repetitively to utilize a feeling of allure, which maybe doesn't simply relate to his condition while he was having this experience yet in addition for individuals, for example, me who are perusing his attempts to be pulled in to the story. What truly works for me in the story, other than its fascinating confusing nature, is the unpretentious limit of feelings by the creator. Hughes, rather than portraying the assessments of the hero, explains the environmental factors of the character, fundamentally utilizing action words to push the story forward and into change. This at that point makes the peruser set out to find the real story and progressively touchy to what the fundamental character would feel given the conditions, henceforth what the creator truly asks of his crowd is to be human and to feel for the individual in the event that the person in question was put in a specific circumstance. Along these lines, I could identify with the story as I myself have encountered sitting tight for something that will never appear to come. Distinctively human also, I have misled myself as well as other people to smother what I am feeling within me. Human instinct is commonly confusing along these lines: trust is all the while ou r quality and shortcoming. In spite of the fact that standing by just gives me dissatisfaction, I despite everything trust that something will spare me; I despite everything trust that it is coming, my salvation. The article that I have picked has the heading â€Å"From Swine Flu to Bubonic Plague, Epidemics have consistently blended Fear and Terror† by Richard Martin, a staff author from the St. Petersburg Times. His basic lines go: â€Å"So far, pig influenza has tainted less than 200 individuals, dissipated over the United States. Most havent required hospitalization. Be that as it may, the indications of dread are everywhere.† Many have been doing fundamental, or as the essayist may infer, pointless careful steps to maintain a strategic distance from pig influenza, for example, wearing of careful covers out in the open spots,

Tips for writing an outstanding college admissions essay

Tips for writing an outstanding college admissions essay (0) Nothing has the power to intimidate even the most diligent student quite like the college admissions essay. How to choose the right topic and steer clear of clichés while showing admissions committees that you’re a great fit? Never fear! We’ve got a list of tips to help you make a great impression with a stellar essay. 1. Read the prompt a few times before starting While most admissions essays fall in the “personal statement” category, they usually involve some specific prompt or question. Now, imagine yourself in the admissions officers’ shoes: what are they trying to learn from you? Diving right into the essay is tempting, but it’s better to take the time at the beginning. 2. Be yourself Its a natural instinct is to think that an admissions committee wants to see you at your most formal. While you definitely must use complete sentences and avoid slang or silliness, you can also let your personality shine through! It is a personal statement after all.  Showing your genuine self goes a long way and will make you more memorable. 3. Use active verbs Chances are, some sort of personal narrative will be in your essay. Action verbs are your best friend: use them to tell a story that engages the reader. Focus on actions that show how you learned, changed, or grew. Also, expand your vocabulary so that you don’t repeat the same two or three verbs over and over. 4. Organize your essay All those high school English essays are about to pay off, even if this one doesn’t require you to quote books or cite MLA or APA citations. Once you know your overall ideas, sketch out an outline to make the essay flow logically from introduction to main body to conclusion. It also helps to map out what you want to address in each section or where you want to use each example for maximum effect. 5. Mix up your sentence structures An admissions essay shouldn’t just answer the promptâ€"it should demonstrate why you’re ready to be an excellent college student. One of the easiest ways to make your writing more sophisticated is to alternate between different sentence structures. Connect two related ideas into a compound sentence or start with the relative clause instead of the main one. The key is to avoid a long string of sentences that are all structured identically. 6. Paint a picture When telling your story, select vivid words and details to give the anecdote some texture. If other people appear in the narrative, call them by name so that readers can follow along and feel a little more invested in and connected to your story. Great books and movies draw us into their world â€" the same applies to these essays! 7. Proofread, then ask someone else to Before submitting, always proofread for spelling, grammar, and mechanics! You can check it yourself, use an online tool to run a grammar check, or both. It also may help to have a trusted person take a second look at your essayâ€"sometimes they’ll catch something you didn’t see. In general, admissions essays should be concise, clear, grammatically correct, and genuine. Follow these tips, and you can’t go wrong! Looking for more great resources? Read our other articles on  how to do an annotated bibliography in MLA, what is an  MLA works cited page,   or our grammar guides on various parts of speech. Best of all, they are all free to read!

Justice and the Soul in Platos Republic - 1031 Words

One of the core arguments of Book IV of The Republic lays out a psychological theory, according to which, the soul has three parts, or faculties, or types of motivation. Plato’s argument begins with the observation that souls contain conflict; Conflict in the soul implies different parts that are opposed to each other (436b-438a). Desire is opposed by the calculating part of the soul (438a-439d). Spirit is different from both desire and the calculating part (439e-441c). Therefore, from (1), (2), and (3), the parts of the soul are identical in number and function with the parts of the city (441c). Therefore, virtue in the individual person will be structured the same way as virtue in the city (441c-442d). Plato sees inner conflict†¦show more content†¦Therefore proving Socrates right to have called justice the virtue of the soul (by premise 4) in his discourse with Thrasymachus. If the soul is as Plato described it, it will function smoothly only though the rule of its calculating function and well-trained expression of its spirited part. Anyone who has experienced inner conflict would agree that existence is more desirable with out it. Moreover, since the calculating part recognizes the demands of morality, it’s rule within the soul will produce actions most in accord with the strictures of ethics. Thus the soul that functions best by nature will also be the best behaved: the just soul is a happy soul. Furthermore, Socrates as argued that the well-organized soul, which he makes analogous with the just city, is the healthy soul. However, when Glaucon and Adeimantus initially challenged Socrates to show that the just man could be happy despite his misfortune, they meant one who was just in the ordinary sense of the word, one who performed actions through the convention of society were deemed to be just. Socrates’ definition consists in a balance of power among parts of the soul, even supposing that someone with a soul in the condition would enjoy life more than anyone who is in a state of mental anguish, what good does that do to the one who obeys legal and moral rules. Socrates suggests that those with just souls, when they behave according to conventional rules of justice, do so not out of blind adherence toShow MoreRelatedThe Ethical Egoist in Platos Republic Essay989 Words   |  4 Pagesof ethical egoism is displayed in Book I of Platos The Republic. In this Book, Plato introduces the idea of ethical egoism, explains the political problem posed by it, and addresses the problem through the words of Socrates. I will use this paper to explain and clarify the arguments for and against the concept of ethical egoism, with specific focus on the political problem it poses and the proper approach to addressing that problem, in terms of Platos social philosophy. Before addressing theRead MoreThe Soul And Consciousness Of Revolutionary Politics1482 Words   |  6 PagesThe Soul and Consciousness of Revolutionary Politics Steven Umbrello Table of Contents I Introduction 3 II The Soul and the Essence 3 III Justice and Revolutionary Consciousness 5 IV Degeneration and Global Revolution (ideology) 6 V Psychology of Political Duty and Freedom 7 VI Conclusion 7 VII Bibliography 8 I In this short paper I will be comparing and contrasting the political psychologyRead MoreIs Plato s The Republic? Essay1134 Words   |  5 Pagesalso have similar influences on people. One such text is Plato’s The Republic. As said by Professor Jon Dorbolo of Oregon State University, â€Å"The Republic is considered by many to be Plato s masterwork. It certainly is one of the most important texts of political theory.† While reading this text, several different messages begin to reveal themselves throughout the text. Some of the most important ideas that can be found within Plato’s Republic, include, humans are inherently good, people should performRead MoreThe Ethical Egoist: Whats the Problem in Plato’s The Republic, Socrates824 Words   |  3 PagesIn Plato’s The Republic, Socrates tries to explain the value of justice to man. Other educated Athenians challenge him, however Socrates pokes holes in all of their statements. Socrates argues that there are many problems with their views on social philosophy, especially when it comes to Thrasymachus’ idea of ethical egoism. Plato delivers his view of justice through Socrates when he responds to Thrasymachus, Glaucon, and Cephalus on the issue. Throughout the discussion, Plato never argues againstRead MoreVirtue Essays814 Words   |  4 Pagesright. In The Republic, Plato divides the city into three classes: gold, silver, as well as bronze and iron souls. Each class is designated to posses a specific virtue. He believes that wisdom, courage, moderation, and justice combine together to form The Republic. However, Plato’s four virtues individually do not necessarily produce a utopian society. A combination of the four in each citizen is imperative in producing the ideal society. In Plato’s search for the perfect republic, he decides thatRead MoreIdeal State1366 Words   |  6 Pages20801260 IR Phil 243/ 15 TuÄŸÃ §e ArÄ ±kan Essay Question: Explain Plato’s ideal state by referring to the Republic, book IV and VII. To what extent do you agree with Plato’s idea that the kings should be philosophers? Why? Why not? Concept of create an ideal state really need to long effort and time. This concept and long standing debate that how should be an ideal state is explains in Plato’s Republic book IV and VII. In Republic, Plato explains the features of an ideal state and he claims thatRead MorePlato s View On Morality And Justice875 Words   |  4 PagesPlato’s Republic proposes a number of intriguing theories, ranging from his contemporary view of ethics to political idealism. It is because of Plato’s emerging interpretations that philosophers still refer to Plato’s definitions of moral philosophy as a standard. Plato’s possibly most argued concept could be said to be the analogy between city and soul in Book IV, partially due to his expansive analysis of justice and the role justice plays in an â€Å"ideal city,† which has some key flaws. Despite theseRead MorePlato s Dialogue, Republic, And The Claims Of The Modern World1556 Words   |  7 Pagesperson who sides with the argument that philosophers play an important role in society. In Plato’s dialogue, Republic, he attempts to discover justice and to convey the importance philosophers possess in ensuring a just society. The main argument that will be addressed in this essay is that philosophers are useful and are essential to guarantee a truly just city. In this paper I will use Plato’s dialogue, Republic, and the claims mentioned throughout to support and build my agreement with Plato in arguingRead MoreThe Nature Of Justice In Platos Myth Of Er1418 Words   |  6 PagesPlato’s main purpose in Republic, one of his major philosophical works, is to explore and defend justice. After discussing the nature of justice and imagining an ideal city-state, Plato introduces the Myth of Er which tells of what happens to a soul after death. In the myth, a man named Er is chosen to bring the story of the dead back to the living. The Myth of Er is Plato’s last attem pt to convince others of the profits of justice and lend legitimacy of his previous claims. It gives Republic a purposeRead MorePlatos Moral Theory Essay1747 Words   |  7 PagesWhen Plato’s Republic was introduced in my coursework, I approached this book just like other books that I have read. But the Republic is not written like a typical textbook, but rather, like a living conversation. And like most conversations, it develops important ideas to improve our lives. As you read this book, you notice a main idea that Plato is trying to convey: why a person should bother to be good. But in order to be good, the Republic opens with asking the reader what is justice. Plato

The Effect Of Stimulating Brain Oscillations On Memory...

In recent years, a growing number of research has looked at the effects of stimulating brain oscillations on memory performance. Brain oscillations are fluctuations in local field potentials, caused by the input of neurons in to a specific cell assembly (Hanslmayr, Staudigl, Fellner, 2012). In response to a stimulus, alpha (~10 Hz) and beta (~15-30 Hz) oscillation power decrease in activity, while theta (~4-7 Hz) and gamma (~40-100 Hz) oscillations increase (Hanslmayr Staudigl, 2014). The changes in oscillatory power evoked by a stimulus modulate synaptic plasticity, the basis of memory formation (Dà ¼zel, Penny, Burgess, 2010). Transcranial alternating current stimulation (tACS) is a non-invasive brain stimulation technique used in the entrainment of cortical oscillations (Ali, Sellers, Frà ¶hlich, 2013). tACS induces extracellular voltage fluctuations that arise from neural activity via electrodes placed on the scalp (Jutras Buffalo, 2014). It allows the frequency and amplitude of oscillations to be alternated during stimulation, in a way that is less likely to entrain oscillations other than the intended frequency, making it a more specific technique to use (Herrmann, Rach, Neuling, Strà ¼ber, 2013). The basic assumption is that if oscillations are essential to a specific cognitive function, then using tACS to stimulate these oscillations should elicit that particular function (Sejnowski Paulsen, 2006). The current study will use tACS in order to monitorShow MoreRelatedMarketing Management130471 Words   |  522 Pagesworld the vocabulary of management was suddenly expanded by the discussion of â €˜green consumers’, ‘green markets’ and ‘green products’ and the practice of ‘environmental’ or ‘green marketing’. For majority of the companies improving environmental performance has, until recently, been a question of legislative compliance and occasional reactions to external events and pressures. It has only been companies in the front-line sectors such as oil, chemicals, power and cars that have gone beyond a reactiveRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesE SSAYS ON TWENTIETH-C ENTURY H ISTORY In the series Critical Perspectives on the Past, edited by Susan Porter Benson, Stephen Brier, and Roy Rosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in

Deadly Unna Review Free Essays

â€Å"Deadly Unna† was the fist book published by the Australian Author â€Å"Phillip Gwynne† in 1998. The book focuses on racial tension, friendship, family conflict and relationships. The story is told in first person by the main character â€Å"Gary Black† more commonly know as â€Å"Blacky†. We will write a custom essay sample on Deadly Unna Review or any similar topic only for you Order Now The story is mostly Blacky’s relationship with Dumby Red, an indigenous Australian, and about how he, as a white Australian, changes throughout the book, by understanding the racial conflict and learning how to stand up for himself. Blacky is more academic than he is sporty; though he plays football for the town. He has a very large family consisting of 8 siblings, and he gets along with all of them, putting aside the occasional conflict. He has a good relationship with his mother; however, he has a terrible relationship with his father due to a past event. Dumby Red has a very enthusiastic, optimistic and self-confident personality. â€Å"Pickles† is Blacky’s best friend, and he disgustingly unhygienic, with gruesome habits. Blacky often goes to talk with his old next-door neighbour †Darcy†, who a maggot farmer and is full of advice to give Blacky. The story is set on a peninsula of Australia, all the whites living in the â€Å"Port† and all of the blacks living in the †Point† about 1hour drive from eachother. I believe the reason the Author made the distinct seperation between the white and black Australians is to emphasise the racial tension in the area. The book consists of two parts, â€Å"Winter† and â€Å"Summer†. Winter being the footy is mainly focused around the footy culture of the town and focuses on Blacky trying to be the hero in his team, and eventually succeeds although by accident. They win the grand final, and by the end of the winter, Blacky becomes very aware of the large racial tension in the book. The â€Å"Summer† part of the book is mainly filled with racial, and family conflict, and during the course of this Dumby is shot dead. Blacky is faced with many decisions he has to make, and he has to follow his heart to do what is right. This book moved too slowly for me, and containing much excess writing that wasn’t at all necessary nor did it relate to the main plot at all. The book never established the friendship between Blacky and Dumby red. After he died, Philip wrote about how they were such good friends, but there was nothing in earlier in the book to support that, so that confuses the readers a lot. Another factor is that it does not relate to many people in the world. It would only relate to people who come from a very Australian culture that knew all of the colloquial Australian language. I do not believe anyone that’s come from another country would understand the book at all. I don’t even think some Australians would understand it, as they might have been blocked off from it. Additionally, I think it loses variety by the style of writing and that isn’t at all a good thing. The worst thing about the book I believe is the way it can’t relate to an adult, or a teenager. It moves way too slowly for a teenager, and doesn’t have nearly enough happening to entertain most readers. However, it also had too many immature themes and thoughts for an adult to read, so it doesn’t really relate to any general age group. What I did like about this book is that it can educate young Australian teenagers about racism to a certain extent. Some people have no knowledge of racism, and I believe that with guidance, this book could educate them about some of the racism in Australia. Overall I rate the book 2 stars, as I do not believe it could do it’s job as a book to entertain the target audience, or at that any audience. Although I do believe that with the right insight, you could learn some things from it. How to cite Deadly Unna Review, Papers

Liquids and Solids free essay sample

A person should also make sure to wear long sleeves, closed toed shoes, and long pants to avoid contact with the skin. 3. Define the B. Pt of liquids and M. Pt of solids. Why is it important to determine these physical properties of a substance? The melting point of a solid is the point at which a solid becomes a liquid with standard atmospheric pressure. The boiling point of a liquid is the temperature at which the vapor pressure of a liquid equals the external pressure. It is important to know these characteristics of a substance so that you can handle them in the correct manner. Procedure (4pt) (Write the procedure in your own words after you read the manual) 1. B. Pt: (Part One) †¢At the beginning of the experiemtn make sure you gather all necessary materials, i. e. , spoon, alcohol, rubber bands, and a sheet of paper. When doing an experiement, be sure to set up a data table to record all results. We will write a custom essay sample on Liquids and Solids or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In this case a data section has been provided by the instructor. Then, you should complete the assembly, exactly like the illustration provided by the lab manual. †¢Put 1 mL of alcohol in the test tube. Then you should take the thermometer and place it side by side with the test tube. Make sure that the bulb of the thermometer is even with the bottom of the test tube. Then use a rubber band to attach them together. Then insert an inverted closed end capillary tube into the test tube. (Part Two) †¢Then make a water bath assembly exactly like the illustration provided in the lab manual. Then take a 100 mL beaker and fill it half way with warm tap water. Then you should take the entire test tube assembly and put it into the water bath, so that the alcohol surface level is below the water in the beaker surface level. Then set up your burner stand, and place the beaker on top of it. †¢Light the burner fuel and put it beneath the stand. Carefully stir, to make sure everything heats evenly. Watch and wait for there to be a continuous boil and streams of bubbles coming from the water bath. †¢Now, you want to put out the fire by putting the cap on the burner fuel slowly and carefully. This will eliminate the oxygen to the fire. Then observe the boiling liquid from the capillary tube. Once you notice the stream slowing down, measure the temperature as you see the last bubble from the liquid. Record result in data table provided. †¢Now, you should repeat all previous steps two more times, and record results. The published boiling point of alcohol is 82. 4 degrees Celsius. Calculate the error between your results and the published boiling point. 2. M. Pt: †¢Make sure you have on gloves before moving on to this step. Insert the powdered acetamide into the open end of the 2nd capillary tube. You can do this by slowly and carefully pushing the tube into the powder acetamide. Now, make sure you get all the acetamide at the bottom of the tube by gently tapping the capillary tube. You want it to occupy at least 1-2mm at the closed end of the capillary tube. Then you should take the thermometer and place it side by side with the test tube. Make sure that the bulb of the thermometer is even with the bottom of the test tube. Then use a rubber band to attach them together. †¢Then make a water bath assembly exactly like the illustration provided in the lab manual. Then take a 100 mL beaker and fill it half way with warm tap water. Then you should take the entire test tube assembly and put it into the water bath, so that the acetamide level is below the water in the beaker surface level. Then set up your burner stand, and place the beaker on top of it. †¢Light the burner fuel and put it beneath the stand. Carefully stir, to make sure everything heats evenly. Make sure you are observing the powdered acetamide. At the point where the acetamide is completely melted, extinguish fire record results in data table provided. Extinguish the fire exactly how it was stated in the previous section of the experiment. Let the acetamide cool and recyrstalize. Then repeat procedure two more times, making sure to record results. The published melting point of acetamide is 81 degrees Celsius. Compare your results with the one published and calculate the percent of error.

Bartleby Essays - Bartleby, The Scrivener, English-language Films

Bartleby By Melville In Herman Melville's "Bartleby the Scrivener", the author uses several themes to convey his ideas. The three most important themes are alienation, man's desire to have a free conscience, and man's desire to avoid conflict. Melville uses the actions of an eccentric scrivener named Bartleby, and the responses of his cohorts, to show these underlying themes to the reader. The first theme, alienation, is displayed best by Bartleby's actions. He has a divider put up so that the other scriveners cannot see him, while all of them have desks out in the open so they are full view of each other, as well as the narrator. This caused discourse with all of the others in the office. This is proven when Turkey exclaims, " I think I'll just step behind his screen and black his eyes for him."(p.2411) The other scriveners also felt alienated by the actions of the narrator. His lack of resolve when dealing with Bartleby angered them because they knew that if they would have taken the same actions, they would have been dismissed much more rapidly. The narrator admits to this when he said, " With any other man I should have flown outright into a dreadful passion, scorned all further words, and thrust him ignominiously from my presence." (2409) The next theme is man's desire to avoid conflict. The narrator avoids conflict on several occasions. The first time Bartleby refused to proofread a paper, the narrator simply had someone else do it instead of confronting him and resolving the issue right then. By ignoring the problem, he left the door open for more disobedience. As expected, Bartleby continued to refuse to proofread and the narrator eventually gave up on asking him to do it. The narrator went to great lengths to avoid a confrontation. When Bartleby refused to leave the office after being fired, the narrator chose to move his office to a different location instead of removing the eccentric man by force. The narrator informs the reader of this idea when he says, " No more then. Since he will not quit me, I must quit him. I will change my offices." (2422) By doing so, the narrator displays just how far man is sometimes willing to go to avoid conflict. The final theme is man's desire to have a free conscience. Melville reveals this theme through the actions of the narrator as well as the new tenants of the office. The narrator attempts to appease his conscience by giving Bartleby money above his wages when he fired him. The new tenants of the office try to put the responsibility of dealing with Bartleby back on the narrator, but they are denied and eventually have the man removed from the premises by law officers. Herman Melville uses the actions and reactions of the characters in "Bartleby the Scrivener" to disclose three important themes, alienation, man's desire to avoid conflict, and man's desire to keep a free conscience. In doing so, he gives us an inside look into the workings of the human mind. The reader is left with the impression that all people, including lawyers, have compassion for other humans, and at some point, that compassion will show through Biblio- Heath Anthology of American Lit., Third Edition, Vol I , Paul Lauter Ed.

Simon Birch essays

Simon Birch essays Im going to be a hero. Pretty vague job description, isnt it? These lines of dialogue are a spoken between the lead character, Simon Birch, and Ben Goodrich, who is played by Oliver Platt. This proclamation sums up the driving force behind Simons actions. His quest to be a hero is Simon Birchs maguffin. It is the thing that drives him forward through the film. Throughout the film he is constantly in search of a sign from god that will tell him when the time has come for him to be a hero. This most recent adaptation of a John Irving novel, A Prayer for Owen Meany, is filmmaker Mark Johnsons Simon Birch. What needs to be understood by the viewer is that the movie is an adaptation and not the book. Reviewers repeatedly said that the movie was not like the book and the reason for that is it is not the book. This seems to be something that critics lost sight of, the movie was judged against the book and not for its artistic merit. Although the film ...premiered to cheers from the audience...(17.), most critics seem to agree that there was no justice done to the Irving novel. Variety said that Simon Birch yet again showed that, capturing Irvings mercurial tonal shifts in another medium is not so easy. The article goes on to point out that Irving himself demanded a character (and hence title) name change. As well as suggested by rather than based on credit (13.). Irving is quoted as saying, The story is significantly different from my novel and it would be unfair to my readers to mislead them to think theyll see A Prayer for Owen Meany. Its not A Prayer for Owen Meany, but I liked it. And Im happy with the way I was treated (13.). This quote leads you to believe that Irving approved of the film, but his insistence on ...

Finance study case Example | Topics and Well Written Essays - 1750 words

Finance - Case Study Example the projected ratios provided by the executive management of the firm vary as between the ratios projected as calculated from the historical information in the firm’s books of accounts e.g. the profit margin provided as 6.1% against the computed 6.28% figure and the earnings per share ratio provided as 1.06% against the computed figure of 1.78%. This has an imbalance effect amounting to $0.18M on the pro forma balance sheet of the firm. a) The proportionality test holds it is true that total assets increase in the same ratio, as it is evident in the data provided. The total assets in the year 1991 are 12m$ that when compared with the sales for the same year it is realized that it is half the sales, which implies that sales for the same year is 24m$. Therefore, the proportionality ratio is two. Taking the sales for the year 1992 which is 28.8m $ compared to total assets which is 14.4m $ it implies the same ratio has been maintained. Checking the other sales for the other three subsequent years compared to the total assets it can be summarized from the data the financial increment in assets is two per dollar. The graph below show a straight line graph implying an equal proportionality in the total assets and sales. From the graph, an equation is derived y=2x meaning that for every total asset there is twice sales made. From the regression analysis the proportionality test holds but not with the same ratio. This can be witnessed from the graph above. The financial increment ratio is approximately 1.4m per dollar. For any data to be directly proportionally with an exact ratio, the resultant graph always bears a straight line. c) The later situation holds for most companies or firms because the first condition assumes other financial factors. It is only in a perfect condition that firms’ sales will perfectly be proportional to the total sales in every financial year. Its implication if one uses the percentage of sales method is that sales compared to assets will

Current feminist theories and practices are helping to change tactics Research Paper

Current feminist theories and practices are helping to change tactics and prevent rape worldwide. What are these tactics, how ef - Research Paper Example To address the problem of rape in society, it is important to understand the cause in order to device effective legal and social preventive mechanisms. Rape in contemporary society Sexually explicit media programs, such as pornographic materials have been attributed to promoting rape in society. Currently, the media is saturated with objectionable sexual programs and advancement in information technology has enhanced the availability the content to many people, including young children. This has resulted to sanctioning of the programs to prevent the minors from being sexually influenced by the content. The relationship between watching pornographic content and rape is debatable and many research studies have been undertaken to establish the association. However WHO (2003) indentifies individual, relationship, community and societal factors as the major determinants that influence men’s attitude to commit rape. The high prevalence of rape in poor and politically unstable countr ies disapproves the assertion that pornographic content encourages rape. Feminists consider rape as a form of violence intended to assert the authority of men over women in the contemporary society (Kerns, 2001). Rape has been recorded in various contexts, which can be classified in two categories depending on the relationship between the victim and the perpetrator. ... e being married or in sexual relationship with men, drug abuse, being too young to make informed sexual decision, poverty, involvement with multiple sexual partners and commercial sex in addition to high level of education. Other factors include wearing sexually suggestive clothing. From these factors, it is apparent that rape is primarily aggravated by the behavior and actions of the perpetrator rather than the victim. Feminists disapprove sexual passion as the motivation for rape, but a combination of factors that undermine the psyche of men. This includes reduced income and disempowerment of men. WHO (2003) notes that highly educated women with higher incomes are at high risk of being raped by their male partners especially those with lower education and income. In addition, higher rape incidents occur in regions with low incomes than in affluent regions (WHO, 2003). High incidents of rape have been reported in countries affected by civil strive and political instability especiall y in Africa. Some of the countries include Democratic Republic of Congo and Sudan. In these incidences, rape is used as a war strategy to break or undermine the social cohesion in the societies with the intention of weakening the enemy. In some countries such as East Timor, rape was used as a tool of ethnic cleansing (WHO, 2003) Prevention of rape globally Currently various rape deterrent measures have been implemented to protect women from potential rapists and to punish rape offenders. They include imprisonment of rape offenders and instituting programs to empower rape victims and the society about the adverse effects of rape. The programs offer supportive and psychological care to rape victims, and others are specially designed to guide and inform rape perpetrators while they are

Utilitarianism And Libertarianism Views On Public Policy Issues Philosophy Essay

Utilitarianism And Libertarianism Views On Public Policy Issues Philosophy Essay Ideologies are a set of ideas, ways, thoughts, goals, expectations and actions that are shared within a community. It is made by a society that believes in the same goals, expectations, etc. Its purpose is to offer change in a society where the group belongs. It is a set of views that guides its members on how to see things. Literally, it means the science of ideas. Moreover, it is a set of ideas that characterize a certain group. In this paper, two famous ideologies will be compared. The following topics will be covered in this discussion: What is Utilitarianism? What is Libertarianism? How does Utilitarianism and Libertarianism view the public policy issues on economic inequality, homosexual conduct, and abortion? Which of the two is a more convincing ideology? What is Utilitarianism? Utilitarianism is a theory in ethics that believes in the maximization of things for the benefit of the whole society. It is a form of consequentialism. The goal is commonly referred to as happiness or pleasure. It can be summed up to a general statement which states: The promotion of the greater good for the greatest number. But, there is an ambiguity in the words greater good. It means happiness or pleasure, not necessarily that it means the right thing or wrong thing. According to Bentham, it only means the tendency to augment or diminish happiness or pleasure. When talking about the number, one is equal to one vote; no one identity has a value of two. There are two types of Utilitarianism: Act Utilitarianism and Rule Utilitarianism. Act Utilitarianism believes that the best action is the one that can give the most happiness. It has no moral rules. It believes that for each individual situation, there is an individual action that is to be justified as best if it is for the greatest happiness. On the other hand, Rule Utilitarianism believes that there is a general act of greatest happiness for each situation. In general, it believes in a set of rules or laws that is perceived to be for the greatest happiness. Furthermore, a Rule Utilitarian will consult the rules instead of acting first. What is Libertarianism? Libertarianism is the belief in liberty. It is set of beliefs and ideas which advocates the maximization of an individuals thinking and living by abolishing or minimizing the power of the state. It believes in a world that is free, peaceful and abundant. Also, they want to take control of their own lives without taking into consideration other ideas. Each individual has his own opinions; each individual may choose what to do with his life. Libertarians believe that each individual has his own life and that he has a freedom to choose and live his life. Their goal is to bring liberty into the world. They believe in the non-initiation of force. How does Utilitarianism and Libertarianism view the public policy issues on economic inequality, homosexual conduct, and abortion? First, the issue of economic inequality, the Utilitarians believe that if something is benefiting the whole of the population, it is considered good. For example, if the economic inequality is of benefit to the greater masses and that it brings the greatest happiness for the community, it is considered to be good. But the Act and Rule Utilitarians differ in how they view economic inequality human rights. For an Act Utilitarian, if torture is benefiting the population, even though it is a violation of the human rights in general, it is still good for the Utilitarians. Their goal is just to achieve happiness for the greatest number. If the majority of the people achieve happiness in torturing, it is not wrong for them. Furthermore, for a Rule Utilitarian, human right is considered a moral rule. They follow their rules, whatever it takes. They will protect it whenever possible. Therefore, they believe that economic inequality is not right. On the contrary, for the Libertarians, economi c inequality is a no-no. Libertarians believe in equality, that each individual is entitled to have a fair judgement in the law. Libertarians grant each individual freedom on what they want to do in their lives. They oppose every kind of unequal treatment such as racism, discrimination, etc. Second, the issue of homosexual conduct, for the Utilitarians, same as the one discussed before. They believe in the greater happiness of the greatest number. It does not matter if it is a wrong ethically speaking thing to do. Also, if homosexuality is benefitting the greatest number of the population, then it is still acceptable. If homosexuality brings happiness to the majority of the population, then it is considered a good thing. That is the general case. But like the previous discussion, the Act Utilitarians differ greatly from the Rule Utilitarians. For an Act Utilitarian, if it is not bringing the greatest number of population happiness, then it is considered bad. Even if the thing is right ethically speaking it is not favoured if it does not please the majority. But, for a Rule Utilitarian, human rights are considered a moral rule. That is why they respect these kinds of actions. On the other hand, Libertarians view homosexual conduct as a right to express ones feelings. They are not against these kinds of act. As discussed earlier, the Libertarians view equality as an equal to freedom. They believe that each individual has the right to express his own individuality. Third, the issue of abortion, for the Utilitarians, it is the same old story. The Act and Rule Utilitarians differ greatly on their way of accepting things. For an Act Utilitarian, it will do whatever that they believe is to be benefitting the greatest number of the population. If, for example, abortion is benefitting the society, it is believed to be a right thing to do. If abortion gives happiness to the majority of the community, it is considered to be a good thing. On the other hand, for a Rule Utilitarian, it believes that human right is a moral rule. Thus, abortion is opposed. Furthermore, for the Libertarians, it is very clear that equality and freedom is their goal. Thus, abortion is strongly approved in their ideologies. Their rights as individuals prevail. Although there are some Libertarians that oppose abortion, they have their own views. A view of an individual is respected in their community. Freedom in their thinking is what they advocate. Which of the two is a more convincing ideology? I believe that the points of the Libertarian are more convincing. People are born as free individuals, with human rights. As time goes by, certain rules were implemented as to make the community organized or follow a certain code. But I believe that these implemented rules and codes should not eradicate an individuals human rights. As an individual, I also believe in equality. I believe that each person has a right to live his own life. On the other hand, on the case of abortion, I oppose it because I believe that it is murder. The tiny speckle in the womb of the mother is alive. I believe that it has also its own rights. But comparing Utilitarianism with Libertarianism, the latter is the more convincing ideology. I dont believe that the Utilitarians view of imposing what is right and what is wrong in a society. I dont believe in their labels of good things and bad things. Again, it is a violation of human rights. In the sense that if you are not a part of the majority, you cannot do what you want. You cannot do things that the majority thinks that is bad. This is stripping you of your freedom. That is why I believe in Libertarians better than the Utilitarians.

Resesarch

CASE: American Barrick Resources Corporation : Managing Gold Price Risk 1. In the absence of a hedging program using financial instruments, how sensitive would Barrick stock be to gold price changes? For every 1% change in gold prices, how might its stock be affected? How could the firm manage its gold price exposure without the use of financial contracts? Particulars for yr 1992($ million)| | Pretax earnings (Exhibit 2)| 223| Reductions in earning of gold sold at spot (1280mn oz x (422-345) (Exhibit 12)| (99)| Proforma Pretax Earnings| 124| Taxes @ 21% (Exhibit 2) | (26)| After Tax Earnings| 98| Thus in absence of risk management program the American Barrick stock would be more sensitive to gold price changes. This could also be observed from Exhibit 4 where the return on Barrick’s stock is continuously increasing as compared to other unstable major stocks in gold mining sector. Elasticity of Earnings & Profit for 1% change in Gold Price 1% change in gold price ($345)| $3. 45| Number of ounces| $1,280m| Additional pre-tax profits| $4. 4m| Additional after-tax profits| $4. 4 x (1-. 1) = $3. 5mn| Additional profits as % of earnings| 3. 5/98 = 3. 5% (approx)| Cash Flow = Earnings + Noncash charges| 98mn + 69mn = $167mn| Additional profits as % of cash flow| 3. 5/167 = 2. 1%| Thus with 1% change in gold price the earnings of Barrick would change by 3. 5%. The firm can manage its gold price exposure in following three ways: 1. Diversifying its business 2. Hedging against the gold price risk 3. Insuring against the gol d price risk Hedging involves entering into financial contracts and so does insuring against the gold price risk. Thus without being involved in any financial contracts Barrick can reduce its gold price exposure only by diversifying its business. 2. What is the stated intent of ABX’s hedging program? What should be the goal of a gold mine’s price risk management program? Stated intent American Barrick Resources Corporation is one the most financially successful gold-mining concerns in the world. The main stated intent of ABX’s hedging program was to profit handsomely even during a downtime, when gold prices are falling. The hedging position had allowed ABX to sell its commodity output at prices well above market rates. The main motive of the hedging program was to profit and gain an advantage over its competitors by hedging, at a time when the prices of gold were low and also interest rates were falling. Thus, the main intent of the hedging program was to position the organization as a low- cost commodity producer, willing to sacrifice potential profits from gold price peaks in order to level out potential losses in the future. Goal of a gold mine’s price risk management program The primary goal of a gold mine’s risk management program is to hedge the risk of falling gold prices and low interest rates, to ensure the minimum sale price of gold even when prices are declining. One of the main goal is to achieve financial stability. The risk management programs motive is to hedge risk in order to plan the future cash flows with certainty. Also, at a time, when an organization has immense production initially itself, the risk management program enables the firm to earn a predictable, rising earnings profile in the future inspite of rising production. Thus , the intent of the risk management program is to hedge the risk in such a manner, that its production decisions are not affected by the market price of gold. 3. What would convince you that a price risk management program created value for its shareholders ex ante? The American Barrick Resources Corporation, had since its inception a strategy of efficient risk management system to protect or hedge itself from the fluctuations in the Gold prices. The various risk management system coupled with favourable circumstances and opportunities of price locking, rendered an overall strong balance sheet for American Barrick. They were able to attract investors who shied away from gold mine investments due to price risk, due to the efficiency in hedging mechanism. In 1992, American Barrick produced and sold over 1. 28 Million Ounces of gold at a price of $422 instead of $345 market rate, as a result of the risk management program. Such benefits would lead to higher revenues, and thus higher profits and in turn render higher value for the shareholders. The organisation guidelines clearly specifed that the risk managemnt system should be such that they are fully protected against price declines for 3yrs and 20-25% for a decade. Thus such a mechanism helped create value for the shareholders as the profits of a Gold mine are dependent on fluctuation in gold prices and the difference between revenue and costs. Thus locking future prices, provided financial stability, enabling the organisation to avoids dips, and plan cash flows in a confident way, and in combination with the rising production, offered investors and shareholders a predictable , rising earnings profile in the future 1. How would you characterize the evolution of Barrick’s price risk management activities? Are they consistent with the stated policy goals? As a producer of commodity products, gold mining firms had virtually no marketing or distribution costs. There was always a ready market for their products, at market prices, once extracted from the earth & refined. Therefore a gold mine’s profits were a function of the quantity of its production & the difference between the prices at which it sold its output & its costs. To minimize the price risk, hedging is necessary. Being conservative in nature, company has maintained lower leverage. As per stated policy goals of company, Gold Hedging program gives American Barrick extraordinary financial stability. It protects shareholder’s wealth from the dip in gold prices. American Barrick’s hedging program evolved over history and used a wide range of tools to manage gold price risk. With gold financing, forward sales, options strategies & spot deferred contracts, company shed some of its price risk while maintaining flexibility to profit from rising gold prices. a. Gold Financing: In early days, Company’s gold price management activities were incorporated in financing for its mines. Company made its growth organically as well as inorganically. Almost every year, company madeacquisition of 1 gold mine company. For financing such acquisition, company used following tools Gold Trust: Paying specific percentage of gold production as return to investors Bullion Loan: Bank gives loan in gold form, company need to pay interest in gold terms only. Collateral is reserves company owns Limitations: Limited scope. b. Forward Sales: Production at Gold mine is highly inelastic in nature. ie Its not easy for the company to change the production in tune with the highly fluctuating demand, market prices. To avoid price risk, American Barricks used Forward Sales as tool by which company can lock in prices for future dates. Forward Sales are usually for relatively short delivery periods of under a few years. Normally forward sellers receive a premium (approx. 5%)above the current gold prices ensuring a guaranteed return of 5% for forward sellers. Limitations: Forward sale mitigates downside risk but also its ability to benefit if price rose. c. Options & Warrants: Hedging using Forward sales eliminated downside risk for the American Barricks but also its ability to benefit if price rose. To resolve this issue, from 1987 company started using Options and warrants. This allows company to hedge from downside risk and retain some benefits of rising prices. Board of American Barricks were ready to use options but in costless manner. Collars strategy: Simultaneously buying Put Option & writing Call Options on gold. Premiums and maturity of both call and put option is maintained same. This strategy ensured a price range for the gold in future giving opportunity to the company to get benefits from rising gold prices as well as downside protection if price dips. Limitation: Market for such options were liquid only for contracts with maturities under 2 years. This horizon was far shorter than 20 years of expected production currently in reserve. d. Spot Deferred Contracts: This tool gives additional feature to standard forward sale. In forward sale, the delivery date is fixed. In SDC there are multiple delivery dates. Seller chooses at which date he will pay gold. Forward price is decided at each roll over date depending upon current market price plus prevailing contango premium. ( SDC will be explained in detail in Q6. ) So during 10 years, American Barricks moved solely from getting gold financing, lock in future prices to getting strategic benefit due to inherent strengths of American Barricks over competitors using tools like Spot Deferred Contracts. 5. How should a gold mine which wants to moderate its gold price risk compare hedging strategies (using futures, forwards, gold loans, or spot deferred contracts) with insurance strategies (using options)? On what basis should these decisions be made? Once a firm has decided on either a hedging or an insurance strategy, how should it choose from among specific alternatives? One can characterize risk management strategies as either linear, hedging strategies (which eliminate all exposure to price fluctuations) or nonlinear, insurance strategies (which protect firms against falling gold prices only. ) Choices among instruments are determined by their relative costs (including transaction costs), interim liquidity requirements, accounting and tax implications, and the ability to customize the contract terms. For example, gold mining firms tend to use forward sales instead of futures contracts, at least in part to avoid the cash margin calls which futures transactions might entail. As another example, mining firms' preferences for spot deferred contracts over them functionally equivalent strategy of rolling forward contracts seems to be related to their relatively attractive accounting treatment. Distinguishing linear and nonlinear strategies becomes more difficult with dynamic trading. Suppose we observe a firm only selling gold forward. By a static measure, we would conclude that it was hedging. However, as is well known, through dynamic replication, a trader can create a put option by adjusting the amount of gold sold forward. Specifically, as the gold price falls, a dynamic replication strategy would have the firm short-sell more gold. Thus, distinguishing hedging from insurance strategies requires an analysis of the changes in a firm's equivalent short position (or delta-percentage) relative to changes in the price of gold. The sensitivity of cash flows and investment costs relative to changes in the underlying macro-variable are equal. If the sensitivities are equal, linear or hedging strategies will be optimal, otherwise firms would prefer to use non linear or option strategies. It is not apparent how to measure the degree to which mines face quantity risk. Firms facing borrowing constraints and that facing higher price risk might be more active users of options. Borrowing constraints might be more severe among firms with high operating costs, small market values, or small reserves; bankers might be reluctant to lend to high-cost producers that may be forced to shut-in production and to smaller firms with less collateral. It is reasonable to suspect that price risk might be more pronounced among mines with higher production costs. Firms with higher cash costs and those with smaller market values and reserves might be more likely to use options or price-contingent nonlinear strategies. 6. What is a â€Å"spot deferred contract? † Why has ABX chosen to rely on spot deferred contracts relative to other gold derivatives? Spot deferred Contract (SDC) is used by gold producers to hedge gold price exposure. It is a type of forward contract which has multiple delivery dates with the final one being 5 or 10 years after the initiation of the contract. The seller of SDC has the right to choose on which of the rollover date he will deliver the gold and can defer the delivery date till the end of the contract. Therefore spot deferred contract gives the right to the seller to choose the delivery date but has to deliver the quantity of gold specified in the contract. American Barrick entered into SDC with 1-year delivery or rollover dates where prices were set only for the first rollover date. On the rollover date, American Barrick could deliver the contract if forward prices were higher than spot prices or could roll the contract for the next period and sell the gold in the spot market. American Barrick chose to rely more on spot deferred contracts relative to other gold derivatives because of the following reasons: 1) Initially American Barrick entered into contracts for delivery within 3 to 4 years. Later on its bargaining power increased because of its large reserve base and strong financial position which made them negotiate agreements giving them 10 years within which to make delivery. 2) SDC was a way to profit from increase in price of gold yet set a minimum price on its sales of gold.

Biology in Everyday Life

Biology Ariticle Summary #2 How Darwin won the evolution race Stem cells are defined by their ability to self-renew or to differentiate into a range of somatic cell types. Adult stem cells, such as hematopoietic stem cells are found in specialized niches within the body and have been studied for decades. Much of our knowledge about these cells is based on in vitro experiments but the effects of moving them from their in vivo niche to culture conditions are unclear. This Perspective from Penney Gilbert and colleagues from the USA and Sweden focuses on adult stem cells found in skeletal muscle, also known as satellite cells.They address the problem that, once extracted from muscle and placed into culture, satellite cells quickly lose their ability to self-renew, complicating studies into their biology. The development of new bioengineering approaches, such as hydrogel microwell arrays, could solve this problem. These approaches can accurately monitor the behavior of satellite cells and provide robust data sets, thanks to the number of different tests that can be carried out in parallel. To illustrate the usefulness of such tools, the authors show how stem cell division and self-renewal can be tracked in clonal assays using time-lapse microscopy.By increasing the stiffness of the hydrogel microwells in the assays, satellite cells can be maintained in culture for up to one week and successfully engraft back into mouse muscle. Stem cells hold the potential to become part of powerful medical treatments and therapies, but only if we understand how we are changing them by removing them from their niche. This Perspective pushes this issue to the fore and offers some suggestions as to how we can further improve stem cell culture http://the-scientist. com/2012/04/01/are-cancer-stem-cells-ready-for-prime-time/

The Great Gatsby By F. Scott Fitzgerald - 1489 Words

Aiswariya Ramaswamy Mrs. Orrick ELA 11, Hour 4 12 December 2014 Happiness is the Key to Success The concept of success is commonly misinterpreted by society solely as the achievement of certain materialistic goals. In literature, this idea is disproved through the in-depth analysis of a character’s emotional turmoil and internal conflicts in contrast to their success in social and economical aspects. F. Scott Fitzgerald, in his novel The Great Gatsby, reveals that true success involves two levels: worldly possessions and emotional nirvana. Jay Gatsby serves to epitomize Fitzgerald’s view on how monetary success does not always lead to the attainment of one’s ultimate goal of satisfaction and euphoria. Gatsby has all the wealth and influence a man could wish for, yet he is chronically isolated and delusional when it comes to the aspect of love and claims that â€Å"[He] will fix everything it just the way it was before†¦ She’ll [Daisy] see† (Fitzgerald, 110). This statement proves that Gatsby’s ultima te goal was not to increase his net worth, but to use the money in order to lure Daisy back into his life and attain emotional exuberance. As time progresses in the novel, it is apparent that Gatsby’s unhealthy desire for Daisy increases even as his wealth proliferates, and his fiscal success only seems to create further agitation. In the novel, Gatsby’s lavish parties make him the talk of the town, and he is envied by society since their view of success is solely financial. ThisShow MoreRelatedThe Great Gatsby by F. Scott Fitzgerald1393 Words   |  6 PagesF. Scott Fitzgerald was the model of the American image in the nineteen twenties. He had wealth, fame, a beautiful wife, and an adorable daughter; all seemed perfect. Beneath the gilded faà §ade, however, was an author who struggled with domestic and physical difficulties that plagued his personal life and career throughout its short span. 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The usage of the literary theories of both Biographical and Historical lenses provide a unique interpretation of the Great Gatsby centered aroundRead MoreThe Great Gatsby by F. Scott Fitzgerald845 Words   |  3 PagesIn F. Scott Fitzgerald’s novel, The Great Gatsby, colors represent a variety of symbols that relate back to the American Dream. The dream of being pure, innocent and perfect is frequently associated with the reality of corruption, violence, and affairs. Gatsby’s desire for achieving the American Dream is sought for through corruption (Schneider). The American Dream in the 1920s was perceived as a desire of w ealth and social standings. Social class is represented through the East Egg, the WestRead MoreThe Great Gatsby By F. Scott Fitzgerald Essay970 Words   |  4 Pagesrespecting and valuing Fitzgerald work in the twenty-first century? Fitzgerald had a hard time to profiting from his writing, but he was not successful after his first novel. There are three major point of this essay are: the background history of Fitzgerald life, the comparisons between Fitzgerald and the Gatsby from his number one book in America The Great Gatsby, and the Fitzgerald got influences of behind the writing and being a writer. From childhood to adulthood, Fitzgerald faced many good andRead MoreThe Great Gatsby By F. Scott Fitzgerald2099 Words   |  9 Pagesauthor to mirror his life in his book. In his previous novels F. Scott Fitzgerald drew from his life experiences. He said that his next novel, The Great Gatsby, would be different. He said, â€Å"In my new novel I’m thrown directly on purely creative work† (F. Scott Fitzgerald). He did not realize or did not want it to appear that he was taking his own story and intertwining it within his new novel. In The Great Gatsby, by F. Scott Fitzgerald, he imitates his lifestyle through the Buchanan family to demonstrateRead MoreThe Great Gatsby By F. Scott Fitzgerald1607 Words   |  7 Pages The Great Gatsby is an American novel written in 1925 by F. Scott Fitzgerald. One of the themes of the book is the American Dream. The American Dream is an idea in which Americans believe through hard work they can achieve success and prosperity in the free world. In F. Scott Fitzgerald s novel, The Great Gatsby, the American Dream leads to popularity, extreme jealousy and false happiness. Jay Gatsby’s recent fortune and wealthiness helped him earn a high social position and become one of the mostRead MoreThe Great Gatsby By F. Scott Fitzgerald1592 Words   |  7 PagesMcGowan English 11A, Period 4 9 January 2014 The Great Gatsby Individuals who approach life with an optimistic mindset generally have their goals established as their main priority. Driven by ambition, they are determined to fulfill their desires; without reluctance. These strong-minded individuals refuse to be influenced by negative reinforcements, and rely on hope in order to achieve their dreams. As a man of persistence, the wealthy Jay Gatsby continuously strives to reclaim the love of hisRead MoreThe Great Gatsby By F. Scott Fitzgerald1646 Words   |  7 PagesThe 1920s witnessed the death of the American Dream, a message immortalized in F. Scott Fitzgerald’s The Great Gatsby. Initially, the American Dream represented the outcome of American ideals, that everyone has the freedom and opportunity to achieve their dreams provided they perform honest hard work. During the 1920s, the United States experienced massive economic prosperity making the American Dream seem alive and strong. However, in Fitzgerald’s eyes, the new Am erican culture build around that