Sunday, April 26, 2020
Poe And Carver Essays - Raymond Carver, Edgar Allan Poe,
Poe and Carver The Tell-Tale Heart, by Edgar Allan Poe, is written in the first person. This is proven because "I" is used to tell the story. This story told is by a participating narrator. The narrator is also the main character. The point of view used in this story is the unreliable narrator; this is a point of view according to Literature by X.J. Kennedy and Dana Gioia. This view was chosen because the narrator was very deceptive, deluded and deranged. For example, "I cut off the head and the arms and the legs". (pg.36). I find this to be extremely deranged. The narrator was also very deceptive by playing a trick on the older man in bed every night. The deluded madman would spy on the old man at midnight every night for seven days straight. By the eighth day he had this deranged plan to kill him. So, at midnight the madman came into the room quietly, or so he tried, and suffocated the old man. In the meantime the old man was scared when he heard some noises but probably thought that it was only a mouse or something. Because the man did not get up and check on the noises, it cost him his life. The old man was tricked on thinking it was just a noise an old house makes. Therefore, The point of view used in the story was that of an unreliable narrator in the first person. Raymond Carver had many influences in his life that contributed to his short stories and poems. But his main influence was his family. With two kids and married at the age of 19, he definitely had his hands full. He would try and write stories to support his children while engaging in other labor jobs during the day. Everyday life is an inspiration on everyone. People might not realize it but what happens everyday has an affect or influence on the way they approach life. For example, Carver's day at the laundry mat. He realized that life isn't what it is cracked out to be and he noticed this just by being frustrated because he couldn't get any driers. Also, Carver's professor at Chico State University, John Gardner, was a great influence at the time. Gardner helped Carver with some of his short stories. He would help Carver by being really patient and helping understand what he needs to do better. Education is a great influence on life. It introduces new perspectives to life and open s many new doors of opportunity. Without education or his family Raymond Carver might not have been as successful as he has.
Wednesday, March 18, 2020
Pricing Kernels Defined in Relation to Asset Pricing
Pricing Kernels Defined in Relation to Asset Pricing The asset pricing kernel,à also known as the stochastic discount factor (SDF), is the randomà variable that satisfies the function used in computing the price of an asset. Pricing Kernel and Asset Pricingà The pricing kernel, or stochastic discount factor, is an important concept in mathematical finance and financial economics. The termà kernelà is a common mathematical term used to represent an operator, whereas the term stochastic discount factorà has roots in financial economics and extends the concept of the kernel to include adjustments for risk. The fundamental theorem of asset pricing in finance suggests that the price of any asset is its discounted expected value of future payoff specifically under risk-neutral measure or valuation. Risk-neutralà valuation can only existà if the market is free of arbitrage opportunities, or opportunities to exploit price differences between two markets and profit from the difference. This relationship between an assets price and its expected payoff is considered the underlyingà concept behind all asset pricing. This expected payoff is discounted by a unique factor that depends upon the framework set forth by the market.à In theory, risk-neutral valuation (in which there is an absence of arbitrage opportunities in the market) implies the existence of some positive random variable or the stochastic discount factor. In risk-neutralà measure, this positive stochastic discount factor would theoretically be used to discount the payoff of any asset. Additionally, the existence of such a pricing kernel or stochastic discount factor is equivalent to the law of one price, which presumes that an asset must sell for the same price in all locales or, in other words, an asset will have the same price when exchange rates are taken into consideration. Real-Life Applications Pricing kernels have numerous uses in mathematical finance and economics. For instance, pricing kernels can be used to produce contingent claim prices. If we were to know the current prices of a set of securities in addition to the future payoffs of those securities, then a positive pricing kernel or stochastic discount factor would provide an efficient means of producingà contingent claim prices assuming an arbitrage-free market. This valuation technique is particularly helpful in an incomplete market, or a market in which total supply is not sufficient to meet the demand. Stochastic Discount Factors Apart from asset pricing, another use of the stochastic discount factor is in the evaluation of the performance of hedge funds managers. In this application, however, the stochastic discount factor would not strictly be considered the equivalent to a pricing kernel.
Monday, March 2, 2020
Blue-sky still appeals - Emphasis
Blue-sky still appeals Blue-sky still appeals Corporate jargon and management buzzwords are persistent pests. We train around two thousand people a year in business-writing skills. But weve yet to meet anyone who likes phrases like paradigm shift or blue-sky thinking. Raising the bar and low hanging fruit sound more like some kind of tropical limbo challenge than anything to do with the business world. And still the corporate world continues to embrace such phrases. Nor is the public sector immune: phrases such as step change and going forward seem as common there as in the commercial world (if not more so). Maybe its a confidence issue. These impressively meaningless words and phrases give people and organisations a misplaced sense of professionalism or belonging. Organisations even adopt their own personalised brand of corporate jargon as some kind of employee bonding tool. Unfortunately, it often has the opposite effect when people start to use the jargon to get one over on their bemused colleagues, who lack the courage to ask what these phrases actually mean. Management consultants may be partly to blame too, especially where they influence language at board level, which then trickles down to managers. One civil service manager we spoke to said that its almost a hopeless case in some instances: he couldnt see his department ever letting go of stakeholder, for example, even though he believed people used such jargon as a substitute for thinking. But there is a growing contempt for this kind of language, underlined by a strong suspicion that it is often used to mask inexperience and a lack of expertise. So well continue to campaign for people to turn their backs on corporate buzzwords and replace them with clear, direct and concise language that actually means something.
Friday, February 14, 2020
Online Education Essay Example | Topics and Well Written Essays - 1000 words
Online Education - Essay Example The use of pen and pencil can be dated back to the Roman Empire. However with the developing pace the traditional means of attaining education are changing. The introduction of information technology has brought forward a new way of learning through the internet. E-learning is the new form of education introduced by IT which helps people to attain knowledge through the use of their computers. A portal is introduced by the use of information technology which the students are able to access and give their tests. However this new technology also brings with it other ethical issues of plagiarism and social contact. Online education is an inadequate alternative for traditional, classroom-based teaching for several reasons: there is no interactive communication between the student and the instructor, potential employer do not value online course work, class offering are limited, instructor feedback to the student might be delayed for days, and group projects are nonexistent. Discussion Wit h the advent of modern technology, a forceful impact of this technology has been observed in nearly all walks of modern day life. With the increasing access to these facilities, the lives of modern day human beings have changed so dramatically that in many cases a reversal towards the old ways of life seems apparently impossible. Similar is the case with the process of our education. The concept of e-learning has modified our learning modes and behaviors to a much greater extent. It has been seen that the use of pen and pencils has been prevalent in our society since the early days but this concept is gradually being changed with the introduction of e-learning. E-Learning is a type of education which helps the students to learn with the help of internet and computer. Individuals can access internet and enrol into courses through which they can gain knowledge. The ease of access to educational resources has improved the overall learning environment, while at the same time, there are a number of ethical, social and professional issues that have emerged in parallel with the emerging e-learning facilities as we shall discuss in the following lines (Alan 2007; Rosenberg 2001). The e-learning approach draws the burden on both students and teachers to create a learning environment where diversified student population feel comfortable and relaxed. The language, cultural and social differences should not pose as a hurdle in the learning process of the diversified studentsââ¬â¢ list. Since e-learning environment provides a virtual classroom environment, it becomes difficult to judge the confidence level, practical working abilities and enhancing practical knowledge of the students. It, thus, becomes an important factor to be analyzed while opting for this kind of education. E-learning affects the learning pace of students as it provides virtual classroom environment which is less effective for a number of educational areas. The areas that require face-to-face interac tion and on-campus practical demonstrations involve nursing, psychology etc. Hence such professional issues involving those related to the reliability of the infrastructure of the e-learning environment, access to the e-learning tools and the learning curve which is essential to be achieved by proper coordination between teachers and students must be considered while choosing e-learning software or education system (Billings, 2002 p 5). The importance and effectiveness of social interactions, virtual conduct and social support using e-learning courses have been discussed by a number of researchers in great depth (Gunawardena, 1995). Of these researches, mostly were determined to check the credibility of social learning theory on web based learning environm
Sunday, February 2, 2020
Strategic Evaluation of McDonalds Essay Example | Topics and Well Written Essays - 2500 words
Strategic Evaluation of McDonalds - Essay Example â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.13 Appendices â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...15 Executive summary Strategy is an essential component in the management of corporate and small enterprises in the current competitive business environment. This paper looks at the McDonalds in terms of evaluating the organizationââ¬â¢s strategy. From a national giant in the early days, the company today boats of international presence in about 119 countries and in effect estimated to be serving over 40 million clients daily around the globe. The paper evaluates both the inner and peripheral environments in where the company functions through the use of various evaluation and analysis tools like: PESTEL, SWOT and Porterââ¬â¢s generic forces among others. All these sum up the companyââ¬â¢s overall strategic position and what needs to be done to be able to counter the various challenges that it might face in the process of implementing strategy. Strategic Evaluation of McDonalds Introduction Strategy is an essential component of any organization that operates in a highly competitive industry or market. Strategic management can be classified into three broad categories (Lynch 2012). The first category defies the main aims of the organization and the formations it has developed to realize its objectives. The Subsequent category involves the identification of markets and exploring them in a way that guarantees competitiveness. The final classification involves the examination of the organizationââ¬â¢s main objectives, purposes or goals and how it intends to achieve them through established frameworks. This paper will examine the various forms of strategic mo dels by using a multi national food service... The historical position of this company has been of great admiration to many upcoming businesses. This is a corporation that has risen from the mid 1950ââ¬â¢s to become a valued player in the area of food service. The founder of the restaurant chains, Ray Kroc has an exceptional background and it is through hard work that this venture has become a household name (Waldron 2010). From a national giant in the early days, the company today boasts of international presence in about 119 countries and in effect estimated to be serving over 40 million clients daily around the globe (McDonalds 2012). In addition to this already massive statistics, the company has a net worth estimated to be around 25 billion US dollars. The company has been able to achieve this through properly formulated strategies and one of the organizationââ¬â¢s strategies has been the development new dishes and favorite fast foods to suit new tastes. In addition, the corporation has been capable in infiltrating the market by largely using franchises that account for 80% of its operational stores (McDonalds 2012). To have a clear insight of how the company has been able to grow and the strategies it has employed, this paper will analyze the company by use of various strategy evaluation models. Strategic Analysis The approach used in the strategic analysis of the organization will be in terms of four main areas or components of strategy analysis that includes the purpose, external environmental analysis, internal resource analysis and strategic formulation.
Friday, January 24, 2020
How reliable a narrator do you think Nick is based on what you have Ess
How reliable a narrator do you think Nick is based on what you have read in chapters 1 and 2 Throughout the opening of the book we meet Nick Carroway and he exposes many strengths How reliable a narrator do you think Nick is based on what you have read in chapters 1 and 2 Throughout the opening of the book we meet Nick Carroway and he exposes many strengths and weaknesses as the narrator of the book ââ¬Å"Great Gatsbyâ⬠. In this essay I will explore what contributes to him being reliable as well as his drawbacks as the narrator. Nick is never directly involved in any of the events. He only ever observes what is going on and this leads to a very unbiased outlook on the events. If Nick was more involved he may not give the reader such a clear outlook on the story line. This also suggests Nick is possibly not used to being in social situations, like at Gatsbyââ¬â¢s house party, and this could hinder his interpretations of the events. Nick continues to contradict himself throughout the first two chapters. He ironically claims ââ¬ËIââ¬â¢m inclined to reserve all judgements,ââ¬â¢ yet...
Thursday, January 16, 2020
Explore How Conflict Effects Those Not Fighting in the Conflict Poems
In The Falling Leaves and Poppies, compare the effects conflict has on those not fighting. In Poppies by Jane Weir and The Falling Leaves by Margaret Postgate Cole both poets use a variety of methods to show effects conflict has on those not fighting. Use of structure and language is important in presenting these effects. This essay will explore both poems to analyse the effects of different methods as implemented by the poets. The structure used in the poems along with similes and metaphors to describe the soldiers in both poems give a sad, solemn tone, to show how the poet was effected by conflict.The use of enjambment in The Falling Leaves gives the sense of long pauses and broken thoughts and feelings of the poet showing that it saddens the poet to think of hundreds of soldiers losing their lives in war. In Poppies, ââ¬Å"All my words flattened, rolled, turned into felt, slowly melting. â⬠, is used to show that the feeling of her son leaving to fight in a war was hard to ex plain and that the words meant nothing as the feeling was too strong to explain in words. The emotion of the poet is clearly described in both poems. I resisted the impulseâ⬠and ââ¬Å"I was brave, as I walked with youâ⬠. Both quotes from Poppies show that although the poet felt upset that her son was going to war, and that she felt he was too young, she allowed her son to do as he wanted. This shows realisation that he had grown up, that it wasnââ¬â¢t her decision to allow him to go and that she didnââ¬â¢t want to upset him by showing how she really felt. In The Falling Leaves, the poet describes her emotion through the weather. ââ¬Å"like snowflakes wiping out the noon;â⬠this shows that she was feeling saddened and upset from what she had seen.Both poems describe the soldiers as innocent. For example, in Poppies, the poetââ¬â¢s memories of her son were all those of his youth, showing that he was still an innocent child. In The Falling Leaves soldiers are compared to graceful, white snowflakes. ââ¬Å"Like snowflakes falling on the Flemish clayâ⬠. White is purity, cleanliness, and innocence. This may be emphasising the idea that all soldiers were still children that needed guidance from their parents and were naive and were only killed as they had little guidance.This idea of innocence could show that the impact on those not fighting was much larger because the soldiers did not deserve to die in the eyes of the poets. However, the soldiers are also described as ââ¬Å"brown leaves dropping from their treeâ⬠. This may give the impression that those fighting were not important, just as leaves arenââ¬â¢t important to a tree. The idea of the brown leaves may mean that they had completed their ââ¬Ëserviceââ¬â¢ and were no longer useful but that it was not an issue as new soldiers would replace them.The amount of death is recognised in The Falling Leaves, the soldiers are described as ââ¬Å"a gallant multitudeâ⬠, generalising huge number of dead soldiers as one unit. This lessens the portrayed sorrow of those not fighting by making all soldiers faceless and identical. Whereas in Poppies, it is much more personalised, this creates a feeling of grief and shows that the poet thinks it may be harder to cope with the loss of those in war than is portrayed in The Falling Leaves.
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