Friday, May 22, 2020

Movie Analysis The Acting Of Saving Private Ryan

The acting in Saving Private Ryan is phenomenal and it baffles me that none of the actors received any real recognition for their performance. The film’s casting is a brilliant array of actors ranging from personality actors, character and wild card, and one of Hollywood’s megastars. These actors bring their character to life almost to the point that you believe, they are actually playing themselves on the screen. One of the film’s best scenes is when the squad maneuvers on and takes out a German manned machinegun nest. While conducting the attack they lose yet another member of their team, the Medic. His death scene is absolutely heart breaking, especially the moment right before he passes as he calls out for his mother. What entails next is absolute chaos. You can actually see the despair and madness on the actors faces as they seek revenge on the only surviving German soldier. The actors deliver their performance so well you can feel what is happening. There i s not much dialogue in this scene bur rather this scene relies on the actors ability to play there part well enough for audiences to understand the inner conflicts of what is happening. The actors truly master this on the grandest scale. At the end of the scene when Edward Burns’ character, Private Reiben, tries to start a mutiny over the German captive you cannot decided whose side you want to be on. Luckily, the mutiny stops short of extreme escalation when CPT Miller finally discloses long kept secretShow MoreRelatedFilm Analysis3103 Words   |  13 PagesFilm Analysis Holly Cox Adam Deutsch English 225: Introduction to Film August 30, 2010 Film Analysis There is so much more to analyzing films than watching a movie. Film analysis is a very complex procedure. â€Å"Analysis generally, means breaking up the whole to discover the nature, function, and interrelationships of the parts† (Boggs, J. Petrie, D., 2008, p. 7). In analyzing a film, you must not only analyze the film as a whole, but you must also analyze each element that makes up the filmRead MoreAnalysis of Tom Hanks Vassar Speech in 20051375 Words   |  5 PagesRhetorical Analysis Tom Hanks Vassar Speech in 2005 Introduction Famous actors, musicians, politicians, artists and authors are often called upon to deliver commencement addresses at prestigious places of higher learning. It doesnt take Nobel-Prize-winning social scientists or psychologists, or speech professors to predict what these elite guest speakers will say on such occasions such as these. The speaker will tell the graduating class to aim high, never give up, make the most of opportunitiesRead MoreBattle of Britain Essay4211 Words   |  17 PagesBattle of Britain This film is about the Battle of Britain during World War II. It happened in 1940. This movie was made 29 years later in 1969. The Nazis tried to invade Britain. The Royal Air Force of Britain fought a grave battle against the Nazis to prevent the invasion. Most of the fighting was in the air. There were lots of fighting scenes between the German planes and the RAF and their allies. This film is pretty realistic. I thought that the air battles were pretty realisticRead MorePrinciples of Microeconomics Fifth Canadian Edition20085 Words   |  81 PagesThe Role of Assumptions 23 Economic Models 24 Our First Model: The Circular-Flow Diagram 24 Our Second Model: The Production Possibilities Frontier 26 Microeconomics and Macroeconomics 28 The Economist as Policy Adviser 30 Positive versus Normative Analysis 30 Economists in Ottawa 31 IN THE NEWS: Super Bowl Economics 33 CASE STUDY: Mr. Mankiw Goes to Washington Why Economists Disagree 35 Differences in Scientific Judgments 35 Differences in Values 36 Perception versus Reality 36 IN THE NEWS: EnvironmentalRead MoreFundamentals of Hrm263904 Words   |  1056 PagesHRM 28 PART 2 Chapter 3 Chapter 4 THE LEGAL AND ETHICAL CONTEXT OF HRM Equal Employment Opportunity 56 Employee Rights and Discipline 84 PART 3 Chapter 5 Chapter 6 Chapter 7 STAFFING THE ORGANIZATION Human Resource Planning and Job Analysis 110 Recruiting 132 Foundations of Selection 154 PART 4 Chapter 8 Chapter 9 TRAINING AND DEVELOPMENT Socializing, Orienting, and Developing Employees 182 Managing Careers 208 PART 5 Chapter 10 Chapter 11 Chapter 12 Chapter 13 MAINTAININGRead MoreMarketing and E-commerce Business65852 Words   |  264 Pagesof Marketing and Advertising  The text includes two chapters on marketing and advertising, both traditional online marketing and social, mobile, and local marketing. Marketing concepts, including market segmentation, personalization, clickstream analysis, bundling of digital goods, long-tail marketing, and dynamic pricing, are used throughout the text. x Preface In-depth Coverage of B2B E-commerce  We devote an entire chapter to an examination of B2B e-commerce. In writing this chapterRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesChief: Eric Svendsen AVP/Executive Editor: Bob Horan Editorial Project Manager: Mary Kate Murray Editorial Assistant: Jason Calcano Director of Marketing: Patrice Lumumba Jones Senior Marketing Manager: Anne Fahlgren Production Manager: Debbie Ryan Art Director: Jayne Conte Cover Designer: Bruce Kenselaar Photo Researcher: Karen Sanatar Manager, Rights and Permissions: Hessa Albader Cover Art: Fotolia Media Editor: Denise Vaughn Media Project Manager: Lisa Rinaldi Full-Service ProjectRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 PagesStrategic management E) Distribution management Answer: A Page Ref: 5 Objective: 2 Difficulty: Easy 3) Identify the correct statement about marketing management. A) It is primarily concerned with the systematic gathering, recording, and analysis of data about issues related to marketing products and services. B) It focuses mostly on monitoring the profitability of a companys products and services. C) It focuses solely on attaining an organizations sales goals in an efficient manner. Read MoreMarketing Mistakes and Successes175322 Words   |  702 Pagesfollowing classification of cases by subject matter to be helpful. I thank those of you who made this and other suggestions. Classification of Cases by Major Marketing Topics Topics Most Relevant Cases Marketing Research and Consumer Analysis Coca-Cola, Disney, McDonald’s, Google, Starbucks Product Starbucks, Nike, Coke/Pepsi, McDonald’s, Maytag, Dell, Hewlett-Packard, Newell Rubbermaid, DaimlerChrysler, Kmart/Sears, Harley-Davidson, Boeing/Airbus, Merck, Boston Beer, Firestone/FordRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pages441 441 CASE STUDIES A summary of the case analysis I N T R O D U C T I O N Preparing an effective case analysis: The full story Hearing with the aid of implanted technology: The case of Cochlearâ„ ¢ – an Australian C A S E O N E high-technology leader Delta Faucet: Global entrepreneurship in an emerging market C A S E T W O DaimlerChrysler: Corporate governance dynamics in a global company C A S E T H R E E Gunns and the greens: Governance issues in Tasmania C A S E F O U R Succeeding in the

Thursday, May 7, 2020

Analysis Of The Sarnia Financial Market Best Financial

Critical Issues In order to (definition of success) Company X must address the following: In order to place Best Financial in a more favorable position in the Sarnia financial market Best Financial must address the following: †¢ How to (Solve problem/take advantage of opportunity) so that (consequence) - How to maintain higher client retention in order to secure a more committed clientele that do not seek a competitor’s service in the future. - How to persuade potential client’s that Best Financial Services meets their needs or else there will likely not be many new clients. - How to gain sufficient customer base to generate desired sales growth. Analysis ââ€"  How did we get here? Why are things the way they are? Gerald Young, one of Best Financial Services’ top clients, switched his assets to Scotiabank for their potentially high returns and additional services. ââ€"  Provide conclusions of analysis with details in the exhibits (e.g SWOT, Porters, Segmentation, Financial analysis) Best Financial Services offers appropriate services to the Sarnia area. With the loss of a large client, there is space for staff to pick up additional clients. However, if Gerald Young represents any of the other clients, competitors like Scotiabank may appeal to them because of the additional services offered. Scotiabank also claims they can yield better returns. Exhibit 1: SWOT Analysis shows a SWOT analysis for Best Financial. ââ€"  Why are the issues critical? This highlights a deeper issue, the factShow MoreRelatedBest Financial Services Inc Essay1962 Words   |  8 PagesCritical Issues: In order to grow Best Financial’s business steadily in the future and make it become a leader in the Sarnia market, it has to address the following: * How to increase the daily work efficiency in the office so that Best Financial can serve more clients than it currently does which is 600. * Which option Linda should choose so that the company will grow in a sustainable way. * How to maintain existing clients so that Best Financial’s existing client base (600) will beRead MorePolisar Case2276 Words   |  10 Pagesof Board of Directors: In this report, I will discuss the performance of NASA Division for the past 9 months during the fiscal year with special attention to the meaning and accuracy of the volume variance. Then I will identify the issues of the best sales and production strategy for EROW Division, NASA Division and the Rubber Group as a whole. At last, my recommendations of changes that should be made in the management accounting performance system to improve the reporting and evaluation of theRead MorePolisar Case2289 Words   |  10 Pagesmembers of Board of Directors: In this report, I will discuss the performance of NASA Division for the past 9 months during the fiscal year with special attention to the meaning and accuracy of the volume variance. Then I will identify the issues of the best sales and production strategy for EROW Division, NASA Division and the Rubber Group as a whole. At last, my recommendations of changes that should be made in the management accounting performance system to improve the reporting and evaluation of theRead MorePolysar Ltd. Essay2842 Words   |  12 Pagessatisfy the increasing demand of halobutyl. After establishing the second plant in Sarnia, NASA is able to have each plant producing halobutyl and regular butyl. EROW, which has been running near capacity since 1980, solely focus on the production of halobutyl. Any idle capacity is utilized in manufacturing butyl. EROW’s demand exceeds its manufacturing capacity, so EROW â€Å"buys† butyl from NASA. FINANCIAL PERFORMANCE ANALYSIS In 1986, Rubber NASA enjoyed sales worth $65.872 million which exceeded theRead MorePolysar Limited Case1483 Words   |  6 Pages032 | 61,260 | 4,722 | Gross margin | 40,945 | 37,210 | 3,735 | Net profit | -876 | 2,005 | -2,881 | To better understand these financial figures, our group first conducted a causal analysis. NASA Causal Analysis |    | Sales |    | Profits | Actual | 63239 | | -876 | Budget | 58660 | | 2005 | Actual B/W budget | 4579 |    | -2881 | Causal analysis | | |    | Third party sales | 5180 |    | 2081 | Pricing | -358 | | -358 | Diversified/Delivery | -243 |    | -243 | VariancesRead MoreBest Financial Services Inc,3772 Words   |  16 PagesIntroductionLinda Best, a Certified Financial Planner (CFP) from Sarnia, Canada is the founder and sole shareholder of Best Financial Services Inc. which was established on January 1, 2001. Sarnia, the largest city in South Ontario, bordered the United States and was heavily populated with aging baby boomers and blue-collar workers. Best Financial earned its revenues mainly from blue-collar workers nearing retirement. Best financial had formed strong relationships with many clients throughout Sarnia and managedRead MoreCosts2894 Words   |  12 Pagesrelatively flexible producing schedule to satisfy the increasing demand of halobutyl. After establishing the second plant in Sarnia, NASA is able to have each plant producing halobutyl and regular butyl. EROW, which has been running near capacity since 1980, solely focus on the production of halobutyl. Any idle capacity is utilized in manufacturing butyl. FINANCIAL PERFORMANCE ANALYSIS In 1986, Rubber NASA achieved a sale of approx. 66million which was 4.8million higher than the budget. However, whenRead MoreCase Report – Individual â€Å"Estore at Shell Canada Limited† Essay examples2599 Words   |  11 Pagesdecreasing sales and even losing customers. After analyzing the situation and the company, it is determined that assembling a small team of experts to fix the technical issues of eStore and improve its user interface based on customers’ feedbacks is the best alternative. The implementation will take two months and then there will be a month of close monitoring period after the improved version of eStore is launched. Key Issues The main problem that Shell Canada needs to address here is lowRead MoreIssues and Trends in the Automotive Industry: Implications for Eastern Ontario14151 Words   |  57 Pages..................................................................................................................... 3 2. STRUCTURAL INTEGRITY OF THE AUTO SECTOR ................................................................ 4 3. AN INTEGRATED MARKET ............................................................................................................ 12 4. LONG TERM OUTLOOK .................................................................................................................

Wednesday, May 6, 2020

Work-Related Project Analysis Free Essays

Computer designing is a key effective of learning computers are a good educational design. The computer designing has related learning resources went it comes to guidelines. Computer designing guidelines which meet the learning for different types of groups and which are encourage to active and rich learning. We will write a custom essay sample on Work-Related Project Analysis or any similar topic only for you Order Now The designing can effective the computer based of learning went it come to its environment. The computer has many branch of technology which has information that is security to the computers network. There are many objectives to the computer security that protects the information from any theft and natural disaster which allows information into the computer network. The computer technologies have become unwanted computer behavior and security strategies behavior. The computer technology which has security went it comes to logic. The security primary goals are the computer designing, applications programs with the type of security which most have restrictions to different types of program behaviors. The computer software has to be trusted and be able to security the software and be trustworthy for the database to run. There are some software’s that you cannot trust with a security computer systems software and hardware. Which different types of computer systems that can resulted in many possibility and use it very limited. Because ones approached with computer systems can always lead them to failure. Computer designing which often has hardware techniques are used to effective the security after they are design. The approach of the techniques and using the techniques security systems is having the effective of the design in the computer systems. The technique is to enforce the computer design principle and provide them with the function they need to attack and gain access to the program then need. Which breaking the computer systems up within smaller components can reduce individual components when using techniques that provide the software better access. With learning different types of knowledge and building strategies when it come to computer designing. The computer design should use and defense that way more than a subsystems needs the knowledge of information. The computer designing should become defense in the security which does not provide very many platforms in information. The computer security has many vulnerable that has few risk went it comes to computers and their connected to the network. With the computer network has the internet that computer security can expand gone it especially comes to the internet and using the network? The technical went it come to the computer security is that a represented by someone else has to get authentication or availability to use the network. In some computer system different types of areas can be confidentiality which mean very important file are there and you cannot be their unless you got the password to be there. There could be many confidentiality and privacy and secrecy files that company may not want other people to see. Computer designs to protect their information so hackers can get into personal information. With the computer security database and many other resources and all confidentiality so no one will have access to unauthorized party’s personal information. Many users want to have anything with the registering with the internet site because not very many users trust the internet because people taking their personal information and buying thing with their credit card and debit card. Many users want to feel safe went using the internet and protect their personal information and make sure that no one gets into their files. Some people will say that a person’s information is very important to them like an individual’s how like to collect things or someone wanting to find someone special. Many people don’t like the computer designing electronic format because you never really know if the information that you’re putting is going somewhere else and it already could be in the wrong hand to begin with. But there are many programs with the computer designing to where you can have a set password to where no one can access but you and the person you’re talking in person so that way no can get access to your personal information. There are many designing for computers which can be excellent to keep their servers and other computer protected and equipment which can improve their design on computer properly. The computer designing are responsibility is to making sure that all technology is confidence went it come to the projects. The computer out and input information can refer to communication went a machine or human error. Because the input information and signals which receives by the computer systems. The output which on the other hand can be data or an signal sent by the computer systems. Learning about computers in general encompasses a great deal of information. This information can relate to data input and output and how software and hardware play a specific role, but most can be derived when determining what components go into a computer. A few options exist for converting from a manual to a computer based. The lower end of computer automation would be the use of a general purpose software application package. One example would be Microsoft Office which is similar to the current package in place. This package includes word processing, spreadsheet, database management presentation graphics, and personal information management. The high end would be application specific programming. Computer information systems perform dynamic and significant roles. Whether the information for personal use, small business, or a conglomerate venue the execution and management of the computer information used must work effectively. Placing into operation an informational system allows for accuracy, convenience, and quality of input and output. Installing, maintaining, and upgrading hardware and software will ensure that the operational aspect of the system allows for an extensive radius of personnel and equipment necessities. Distinguishing the storage capabilities and speed of the computer system will further warrant the computers resilience and proficiencies. Data input must be accurate and reliable. Depending on the resource and outlet of the data also depends on the method used. People are living in the age of technology. Everything we do involves some sort of computer activity. Searching for jobs, going to school, communication, games, whatever a person desires they can use a computer to obtain it. Computers use several important components to operate. These components are input and output devices, and storage devices. An input device is a device that allows users to send data or interact with the computer. The most common input devices are keyboard, and mouse. However, in this age of technology other input devices can be game controllers, web and digital cameras, scanner, or a microphone. We use different input devices to conduct our daily lives. How to cite Work-Related Project Analysis, Essay examples Work-Related Project Analysis Free Essays Work-Related Project Analysis Part 1 The analysis of a project is the breakdown of how a system interacts and works within all related components. A project analysis is the first step to designing any new changes for an organization. Systems analysis is (1) the survey and planning of the system and project, (2) the study and analysis of the existing business and information system, and (3) the definition of business requirements and priorities for a new or improved system. We will write a custom essay sample on Work-Related Project Analysis or any similar topic only for you Order Now A popular synonym is logical design. Newton, 2013) An organization performs an analysis of an existing system to decide if changes will benefit the daily operations. The analysis performed must be accurate and reliable. Information Gathering There are many methods used to perform an analysis. The gathering of information is critical to implementing the right changes an organization may need. If the wrong information is gathered, the organization may waste time and money implementing a new system that either does not work or is useless to the operations of the organization. Organizations need to know the correct billing and coding functions are being used on a daily bases. They may choose several different ways to gather information to ensure the facility compensated is gaining the maximum benefits. Physicians frequently miss home health charges. The laws governing each state have requirements a physician must abide to bill time for plan over site. Physicians need ways to keep track of who is eligible for home health. The physician also needs to monitor how much time is involved during a 30-day period. Interviews Interviews are one of the most common means to gather information. It is beneficial to the analysis to gather this information directly from those individuals who will be utilizing the new system. The interviews need proper planning and focus on each area of specialty. The best questions to ask are open-ended questions. These inquiries force the participant to give more information than just yes or no answers. When interviewing participants analyst should ask questions that enable a complete picture of what stakeholders need to create a system that is useful and cost effective. Questionnaires Questionnaires are a great way to ask questions of stakeholders without a direct face-to-face encounter. Questionnaires create a more relaxed response from participants. This is a great method to use when you have a large organization and need to interview a large group of people. However, one drawback to this method is participants may write responses just to complete the form or not even give a response. Prototypes Prototyping is another method in the arsenal of gathering information. This method based on information gathered and the system created; based on criteria produces a preliminary version. You show this to the client, who then gives you additional requirements. You change the application and cycle around with the client again. This repetitive process continues until the product meets the critical mass of business needs or for an agreed number of iterations (Mochal, 2008). Use Cases Use cases are stories from the actors that describe how the system currently works and â€Å"†¦describe how the solution works from a user perspective† (Mochal, 2008). This method is helpful to analysts by giving a more useful understanding of what the new system needs to do. Using this method requires the analysts to refine the information into a format that shows specific details to outline the structure of requirements needed. Direct Observations Direct observations can be most helpful when the stakeholder does not know how to explain in detail what goes on during a typical daily routine. In some cases, it might be more beneficial to take a ‘hands on approach’ to gain a better understanding of what is required. This method shows how the current system is used and will hopefully light the way to implementing better use of resources. Brainstorming Brainstorming can be most helpful when the organization does not really know what areas need improvement or need a more creative way to perform a desired outcome. Experts in the use of the current system will get together with a project manager and together think of creative solutions to issues the organization is currently experiencing. After all the ideas from the session are, collected management decides what ideas would best provide a solution(s) to issues. Based on these decisions a project manager then creates a proposal. Design Methods Designing a new system takes time and an understanding of what goal the organization is trying to gain. Designing a new home health system to gather patient information, monitor certification and recertification periods, and keep track of plan over site is the goal. Every project manager has to explore all of the possibilities needs to secure the desired goal. Divergence is having an understanding of constraints an organization may face when trying to keep track of the patient load, certification periods, and plan over site. A prototype was implementing to put together a working system to gain a better understanding and create a better functioning system. Building a new system to keep track of areas of interest also need to be sustainable. New systems must be realistic to use and maintain. The sustainability of a new system needs to user friendly. Designing a home health system for the organization will present a visual understanding of what each state will allow a physician to bill for. Analyze and Evaluate The home health system implemented in the organization keeps track of patients that are new to service as well as those who come off service. A scheduled time allotment monitors home health certification 60-day period; plan over site 30-day cycle monitored and billed according to state regulations. Management is ultimately responsible for monitoring these reports. The initial analysis of the new home health system showed a recovery potential of lost money. According to state regulations, the 60-day and 30-day billing cycles utilized are affecting the organization’s bottom-line in a positive manner. The organization suffered a great loss of money before the new system implemented changes. Project managers use three types of monitoring. According to Thomet and Vozza (2010) They happen at different levels of the logical framework and serve different functions: 1) implementation monitoring is operational: it monitors the activities and outputs; 2) impact monitoring concentrates on the immediate objectives; 3) reporting concerns the concrete (narrative and financial) reports that have to be prepared and submitted periodi ¬cally to the main stakeholders, particularly donors. Project manager will ensure the organization’s personnel trained in using the new system are comfortable with the new system. The new system produces a report reminding the billing and coding staff when certain patients are eligible for billing. Conclusion Organizations all over the world work hard to streamline the daily operations. These daily functions affect the bottom line. When an organization is evaluating the internal functions, an analysis helps determine areas that may need adjustments and in some cases a completely new system to meet the organizations goals. This is where an analyst is most useful. An organization performs an analysis of the existing system to determine if changes will benefit daily operations. The analysis performed must be accurate and reliable. The analyst may utilize many different methodologies when gathering the necessary information in order to make the right recommendation. The analysis may contain personal face-to-face interviews, questionnaires, prototypes, use cases, direct observations, brainstorming, or any combination of methodologies. The actual design of an effective new system takes time and understanding. The analyst needs a clear understanding of the organization’s ultimate goal. The final system implementation requires management to sustain monitoring and maintenance. Training the proper personnel is vital to the success of any new system. Management is responsible for monitoring system functions, the impact of the new system on daily activities and reporting any concerns to stakeholders. The new home health system implemented has allowed the organization to recover money that would otherwise be lost. The new system also allows managers to monitor and maintain accurate reliable billing and coding of certification and recertification of patients using home health services. Plan over site also billed with the same accuracy and reliability has recovered and maintained money for the organization. Reference Mochal, T. (2008). 10 techniques for gathering requirements. TechRepublic. http://www. techrepublic. com/blog/10things Newton. (2013). Systems analysis. http://newton. uor. edu/courses/sysanades/pdf/ anaintro. pdf Thomet, N. , Vozza, A. (2010). Project Design Manual: A Step-by-Step Tool to Support The Development of Cooperatives and Other Forms of Self-Help Organization http://www. ilo. org/public/english/employment/ent/coop/africa/download/coopafricaprojectdesignmanual. pdf. ISBN 978-92-2-124168-3 (web pdf) p 76, 4. 1 How to cite Work-Related Project Analysis, Essay examples

Monday, April 27, 2020

International Arbitrage and Interest Rate Parity free essay sample

There are three forms of international arbitrage: location arbitrage, triangular arbitrage and covered interest arbitrage. Location arbitrage is a process where a participant of the foreign exchange can go to one place, bank in a specified location, to purchase a currency at a lower price and then sell it to another location where the currency is priced higher. The prices of currencies are roughly the same; however, at times currency in one place can sell for more or less than in another place based on the supply and demand for the specified currency. This is the window of opportunity where arbitragers can immediately purchase the currency in one place and sell it to another before market forces naturally realign the prices. The act of location arbitrage is a way to readjust prices so that they are once again equal in all places. However, due to the advancement in technology within the exchange market, it is very difficult to use this process since computers are able to detect currency discrepancies. We will write a custom essay sample on International Arbitrage and Interest Rate Parity or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Triangular arbitrage is used by the discrepancy of prices within cross exchange rates which is the relationship between two currencies that are different from one’s base currency. If the cross exchange rate is less than the actual cross exchange rate of two currencies of the base currency, triangular arbitrage can be used in the spot market to capitalize on the difference. The greater the bid/ask spread the higher the profit from using triangular arbitrage. The impact of triangular is as follows: (1) When a participant uses their base currency to buy one currency, the bank, of which the currency is bought, increases its ask price of the currency with respect to the base currency, (2) the participant then goes to purchase the other currency with the bought currency which causes the bank, of which the currency is bought, to reduce its bid price of the initial currency bought with respect to the second currency bought and ultimately reduces the number of the second currency to be exchanged for the initial currency, and (3) finally, the participant uses the second currency bought to ult to conduct ecause it is rare to identify arbitrage opportunities due to the technological advancements in the foreign exchange market. Covered interest arbitrage is the process of capitalizing of the difference of interest rates between two countries while hedging the exchange rate risk with a forward contract. How this works is that one will invest a specif ied amount of money in a different country bank by converting one’s base currency to the other currency. At that same time, one can sell a forward of the amount of the exchanged currency plus the interest of the foreign bank. Once the deposit matures, one can fulfill the forward contract obligation by converting the amount of the forward into the base currency. This process will reveal a profit only if the foreign bank has a higher interest rate than one’s home bank or else, this would all be a waste of time and effort. What is different about this process as oppose to location arbitrage and triangular arbitrage is that this process requires funds to be held for the length of the contract. The other two forms of arbitrage do not require funds to be held and profits are immediately achieved. Covered interest arbitrage will, as the other forms do, cause the market to naturally realign itself. Investors capitalizing on this process will cause a downward pressure on forwards that are sold as a means of this form of arbitrage. The realignment of the forward rate might not be completed until several transactions have occurred. However, the realignment does not cause investors who have gained from arbitrage to loss their gains since they had obtained a forward contract on the day they made their investment. The act to sell the other currency forward would place a downward pressure on the currency but not enough to lessen or completely offset the benefits of the interest rate advantage. In the process of covered interest arbitrage only the forward rate is affected. It is possible for the spot rate to appreciate but the forward rate would not have to decline by as much. Overall, since the forward market is less liquid, the forward rate is more sensitive to market changes and there is likely to experience most or all of the adjustments need to realign the market. Once there are no opportunities of arbitrage because the prices of currencies have adjusted to where they should be based on the market, there is an equilibrium state referred to as interest rate parity (IRP). In equilibrium, the forward rate differs from the spot rate by a large amount to offset the interest rate difference between the two countries. The relationship between a forward premium for a foreign currency and the interest rates representing these currencies according to IRP can be determined by the following variables: Ah : The amount of the home currency that is initially invested S : The spot rate in the home currency when the foreign currency is purchased if : The interest rate on the foreign deposit F : The forward rate in the home currency at which the foreign currency will be converted back the home currency. The amount of home currency received at the end of the deposit period due to this strategy (An ) is An = (Ah / S)(1+ if) F This is how the rate of return (R) is calculated from this investment:

Thursday, March 19, 2020

Scot-free

Scot-free Scot-free Scot-free By Maeve Maddox â€Å"To escape scot-free† means to elude merited consequences: [Construction] Site Deaths Soaring as Bosses Escape Scot Free No escape: independent directors won’t go scot free Now all the doctors at Mid Staffs escape scot-free over deaths. In the Middle Ages a scot was a tax or tribute paid by a feudal tenant to his lord. The word derives from a Scandanavian word meaning tribute. It came to stand for different kinds of payments levied for services. In Kent and Sussex, the scot was a tax for the maintenance of drainage systems and flood prevention. In some contexts the scot was simply the bill owed for drinks or entertainment. Explanations of the expression scot-free may be found on numerous web sites. Most of the sites I’ve browsed correctly trace the term to the word for a tax, but a few cling to a mistaken idea that the expression has something to do with the 1857 US Supreme Court ruling known as the â€Å"Dred Scott Decision.† For example, this confident explanation: Its spelt scott-free and refers to a famous US Supreme Court decision involving the black slave Dred Scott. Ironically Scott lost his suit, though you wouldnt know it from the well-known phrase. The misspelling scott occurs both as an error and as a play on the name of someone named Scott. For example: Lincoln’s Assassin Got Away Scott Free (misspelled headline at YouTube) American Idol recap: Getting off Scott-free (The reference is to a contestant named Scott MacIntyre.) The lingering association of scot-free with Dred Scott is probably owing to vague recollections of high school history: a man named Scott wanted to be free. To refresh your memory, here’s a recap of what the Dred Scott Decision was about: In 1846, Dred Scott, then 47 years old, sued the Missouri state government on behalf of his wife, two daughters, and himself; the suit contended that they were being illegally held in slavery. Scott was born into slavery in Alabama. When he was about 30, he was sold to an Army doctor in Missouri. During the following years, Scott married, fathered two daughters, and lived at different times in the free states of Illinois and Wisconsin. Scott’s lawsuit contended that residence in a free state conferred freedom. The case went all the way to the Supreme Court where, in 1857, Chief Justice Roger B. Taney wrote the majority opinion: the Scotts were property and property rights were protected by the Fifth Amendment of the Constitution. Although Dred Scott lost his case, he did not die in slavery. His owner’s widow married an abolitionist who returned the family to Scott’s original owner. The former slave owner had since moved to Missouri and become an abolitionist; he freed Scott, his wife, and their two daughters. Dred Scott died of tuberculosis after enjoying only seventeen months of freedom. His wife Harriet survived him by eighteen years. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:50 Synonyms for â€Å"Leader†Probable vs. PossibleContinue and "Continue on"

Monday, March 2, 2020

The Simple 10-Step Guide to Character Development

The Simple 10-Step Guide to Character Development The Ultimate Guide to Character Development: 10 Steps to Creating Memorable Heroes You’ve settled on the idea for your novel. You’ve narrowed it to a sentence or two, and you’re ready to tackle what seems an insurmountable task- breathing life into your lead character. If you’re an Outliner (one who outlines your novel first), it’s time for character development, an endeavor not for wimps. Spellbinding stories feature believable characters who feel knowable. Yes, even if your genre is Fantasy or Allegory or Futuristic. Your character may even be a superhero, but he* must be real and knowable within your premise. [*I use male pronouns inclusively here to represent both genders only to avoid the awkward repetition of he/she or him/her, fully recognizing that many lead characters are female and so are a majority of readers.] I’d love to impart some gem that would magically make you an expert at character development. But, sorry, no shortcuts. This is as hard as it sounds. Fail at this task, and it shows. You cheat your readers when your lead character doesn’t develop and grow. No growth, no character arc. No character arc, fewer satisfied readers. What About Us Pantsers? Our name comes from the fact that we write by the seat of our pants. No outlines for us. We write by process of discovery. As Stephen King advises, â€Å"Put interesting characters in difficult situations and write to find out what happens.† I identify as a Pantser, so I’m sympathetic if you can’t imagine creating a character and giving him a personal history before starting to write. My characters introduce themselves to me and reveal their histories as the story unfolds. To a new writer or an Outliner, it may sound exciting and dangerous to wade into a story counting on characters to emerge and take over. Believe me, it’s both. Frankly, Outliners have some advantages over Pantsers here. They know a lot about their lead characters before they start writing. Fellow Pantsers, don’t ignore or discount this training. We must start with some idea who’s populating our stories. And when we get stuck, there’s no shame in going back and engaging in this exercise. Regardless which kind of a writer you are, character development- character arc- can make or break your novel. Consider some of literature’s most memorable characters- Jane Eyre, Scarlett O’Hara, Atticus Finch, Ebenezer Scrooge, Huckleberry Finn, Katniss Everdeen, Harry Potter. Can you name the novels they come from and what they have in common? Larger than life, they’re also universally humanThey see courage not as lack of fear but rather the ability to act in the face of fearThey learn from failure and rise to great moral victories Compelling characters like these make the difference between a memorable novel and a forgettable one. So, what are the keys to making a character unforgettable? Want to save this 10-step guide to read, save, or print whenever you wish? Click here. Character Development in 10 Steps Introduce him early, by nameGive readers a look at himGive him a backstoryMake sure hes human, vulnerable, and flawedBut also give him classic, heroic qualitiesEmphasize his inner life as well as his surface problemsDraw upon your own experience in Character DevelopmentKeep Character Arc in mind throughoutShow, dont tellDont skimp on research Step 1. Introduce him early, by name The biggest mistake new writers make is introducing their main character too late. As a rule he should be the first person on stage and the reader should be able to associate his name with how they see him. Naming your character can be almost as stressful as naming a newborn. You want something interesting and memorable, but not quirky or outrageous. Leave Blaze Starr and Goodnight Robicheaux to the melodramas. (Actually, I wish I’d thought of Goodnight Robicheaux; Ethan Hawke plays him in The Magnificent Seven.) Allegories call for telling names like Prudence and Truth and Pride, but modern ones should be more subtle. I wrote a Christmas parable where the main character was Tom Douten (get it? Doubting Thomas), and his fiancee was Noella (Christmasy, a believer in Santa) Wright (Miss Right). For standard novels, typical names are forgettable. Ethnicity is important. You shouldn’t have a Greek named Bubba Jackson. Your goal is to connect reader and character, so the name should reflect his heritage and perhaps even hint at his personality. In The Green Mile, Stephen King named a weak, cowardly character Percy Wetmore. Naturally, we treat heroes with more respect. Give naming the time it needs. Search online for baby names of both sexes, and most lists will categorize these by ethnicity. Be sure the name is historically and geographically accurate. You wouldn’t have characters named Jaxon and Brandi, for instance, in a story set in Elizabethan England. I often refer to World Almanacs to find names for foreign characters. I’ll pair the first name of a current government leader in that country with the last name of one of their historical figures (but not one so famous that the reader wonders if he’s related, like Franà §ois Bonaparte). Step 2. Give readers a look at him You want a clear picture of your character in your mind’s eye, but don’t make the mistake of forcing your reader to see him exactly the way you do. Sure, height, hair and eye color, and physicality (athletic or not) are important. But does it really matter whether your reader visualizes your blonde heroine as Gwyneth Paltrow or Charlize Theron? Or your dark-haired hero as George Clooney or Ben Affleck? As I teach regarding descriptions of the sky and the weather and settings, it’s important that your description of your main character is not rendered as a separate element. Rather, layer in what he looks like through dialogue and during the action. Hint at just enough to trigger the theater of the reader’s mind so he forms his own mental image. Thousands of readers might have thousands of slightly varied images of the character, which is all right, provided you’ve given him enough information to know whether your hero is big or small, attractive or not, and athletic or not. Whether you’re an Outliner (in essence interviewing your character as if he were sitting right in front of you) or a Pantser (getting to know him as he reveals himself to you), the more you know about him, the better you will tell your story. How old is he?What is his nationality?Does he have scars? Piercings? Tattoos? Physical imperfections? Deformities?What does his voice sound like? Does he have an accent? Readers often have trouble differentiating one character from another, so if you can give him a tag, in the form of a unique gesture or mannerism, that helps set him apart. You won’t come close to using all of the information you know about him, but the more you know, the more plot ideas will occur to you. The better acquainted you are with your character, the better your readers will come to know him and care. Step 3. Give him a backstory Backstory is everything that’s happened before Chapter 1. Dig deep. What has shaped your character into the person he is today? Things you should know, whether you include them in your novel or not: When, where, and to whom he was bornBrothers and sisters, their names and agesWhere he attended high school, college, and graduate schoolPolitical affiliationOccupationIncomeGoalsSkills and talentsSpiritual lifeFriendsBest friendWhether he’s single, dating, or marriedWorldviewPersonality typeAnger triggersJoys, pleasuresFearAnd anything else relevant to your story Step 4. Make sure he’s human, vulnerable, and flawed Want to save this 10-step guide to read, save, or print whenever you wish? Click here. Even superheroes have flaws and weaknesses. For Superman, there’s Kryptonite. For swashbucklers like Indiana Jones, there are snakes. A lead character without human qualities is impossible to identify with. But make sure his flaws aren’t deal breakers. They should be forgivable, understandable, identifiable. Be careful not to make your hero irredeemable – for instance, a wimp, a scaredy cat, a slob, a dunce, or a doofus (like a cop who forgets his gun or his ammunition). You want a character with whom your reader can relate, and to do that, he needs to be vulnerable. Create events that subtly exhibit strength of character and spirit. For example, does your character show respect to a waitress and recognize her by name? Would he treat a cashier the same way he treats his broker? If he’s running late, but witnesses an emergency, does he stop and help? These are called pet-the-dog moments, where an otherwise bigger-than-life personality does something out of character- something that might be considered beneath him. Readers remember such poignant episodes, and they make the key moments even more dramatic. It was George Bailey’s sacrificing his travel-the-world dreams to take over the lowly savings and loan that made his standing up to the villainous Mr. Potter so heroic in the classic movie It’s a Wonderful Life. Want to turn your Jimmy Stewart into a George Bailey? Make him real. Give him a pet-the-dog moment. Step 5. But also give him classic, heroic qualities While striving to make your main character real and human, be sure to also make him heroic or implant within him at least the potential to be heroic. In the end, after he has learned all the lessons he needs to from his failures to get out of the terrible trouble you plunged him into, he must rise to the occasion and score a great moral victory. He can have a weakness for chocolates or a fear of snakes, but he must show up and face the music when the time comes. A well-developed character should be extraordinary, but relatable. Never allow your protagonist to be the victim. It is certainly okay to allow him to face obstacles and challenges, but never portray him as a wimp or a coward. Give your character qualities that captivate and compel the reader to continue. For example: a character with a humble upbringing (an underdog) rises to the occasion a character with a hidden strength or ability subtly reveals it early in the story and later uses it in an unusual or extraordinary way Make him heroic, and you’ll make him unforgettable. Step 6. Emphasize his inner life as well as his surface problems What physically happens in the novel is one thing. Your hero needs trouble, a problem, a quest, a challenge, something that drives the story. But just as important is your character’s primary internal conflict. This will determine his inner dialogue. Growing internally will usually contribute more to your Character Arc than the surface story. Ask yourself: What keeps him awake at night?What is his blind spot?What are his secrets?What embarrasses him?What passion drives him?   Mix and match details from people you know – and yourself – to create both the inner and outer person. When he faces a life or death situation, you’ll know how he should respond. Step 7. Draw upon your own experience in Character Development The fun of being a novelist is getting to embody the characters we write about. I can be a young girl, an old man, a boy, a father, a grandmother, another race, a villain, of a different political or spiritual persuasion, etc. The list goes on and the possibilities are endless. The best way to develop a character is to, in essence, become that character. Imagine yourself in every situation he finds himself, facing every dilemma, answering every question- how would you react if you were your character? If your character finds himself in mortal danger, imagine yourself in that predicament. Maybe you’ve never experienced such a thing, but you can conjure it in your mind. Think back to the last time you felt in danger, multiply that by a thousand, and become your character. What ran through your mind when you believed you were home alone and heard footsteps across the floor above? Have you had a child suddenly go missing in a busy store? Have you ever had to muster the courage to finally speak your mind and set somebody straight? There’s nothing like personal experience to help you develop characters. Step 8. Keep Character Arc in mind throughout Whatever message you’re trying to convey through your story, it must result in a transformation in the life of your character. A well-written novel that follows a Classic Story Structure plunges its main character into terrible trouble quickly, turns up the heat, and fosters change and growth in the character from the beginning. That’s the very definition of Character Arc. Remember, as I covered above, a perfect character isn’t relatable or believable. But every reader can relate to a flawed character who faces obstacles that force him to change. How does your character respond to challenges? Does he learn from them or face the same obstacle repeatedly because he fails to recognize his mistakes? Every scene should somehow contribute your to hero’s Character Arc. Step 9. Show, don’t tell You’ve heard this one before, and you’ll hear it again. If there’s one Cardinal Rule of fiction, this is it. It also applies to character development. Give your readers credit by trusting them to deduce character qualities by what they see in your scenes and hear in your dialogue. If you have to tell about your character in narrative summary, you’ve failed your reader. Your reader has a mind, an imagination. Using it is part of the joy of reading. As the life of your character unfolds, show who your character is through what he says, his body language, his thoughts, and what he does. Would rather be told: Fritz was one of those friendly, gregarious types who treated everyone the same, from the powerful to the lowly. Or be shown this: â€Å"How’s that grandson doing, Marci?† Fritz asked the elevator operator. â€Å"James, right?† â€Å"Jimmy’s doin’ great, thanks. Came home from the hospital yesterday.† â€Å"Vacation was the tonic, Bud,† Fritz told the doorman. â€Å"You’re tanned as a movie star.† As he settled into the backseat of the car, Fritz said, â€Å"Tell me your name and how long you’ve been driving Uber†¦Ã¢â‚¬  Show and you won’t have to tell. For more on this, see my blog post:Showing vs. Telling: What You Need to Know. Step 10. Don’t skimp on research Resist the temptation to write about something you haven’t experienced before conducting thorough research. Imagination can take you only so far. But you can bet the first time you guess at something, astute readers will call you on it. For instance, I can imagine myself as a woman. I had a mother, I have a wife, I have daughters-in-law and granddaughters, a female assistant, women colleagues. So I can guess at their feelings and emotions, but I’ll always be handicapped by the simple fact that I’m not a woman. I recently ran into an old friend who told me she was homeless. I mentioned to some women friends that I doubted her because she looked put together, as if she’d been to the beauty shop. I said, â€Å"If you were living in your car, would you spend money on getting your hair and nails done?† Naturally that’s the last thing a man would think about. But women in my orbit said, sure, they could see it. Camouflaging your predicament and maintaining a modicum of self-respect would be worth skipping a few meals. Say you’re writing about what you’d feel if you lost a child. I hope you would only be guessing about such a horror, but to write about it with credibility takes thorough research. You’d have to interview someone who has endured such a tragedy and has had the time to be able to talk about it. Is your character a teacher? A police officer? A CEO? Or the member of another profession with which you have no personal experience? Spend time in a classroom, interview a teacher, arrange a ride-along with a cop, interview a CEO. Don’t base your hero on images from movies and TV shows. The last thing you want is a stereotype readers cannot identify with and whom some would see through instantly. You’ll find that most people love talking about their lives and professions. The #1 Mistake Writers Make When Developing Characters Making a hero perfect. What reader can identify with perfect? Potentially heroic, yes. Honorable, sure. With a bent toward doing the right thing, yes! But perfect, no. In the end your hero will likely rise to the occasion and win against all odds. But he has to grow into that from a stance of reality, humanity. Render a lead character your reader can identify with, and in your ending he’ll see himself with the same potential. That way your Character Arc becomes also a Reader Arc. You can do this. Develop a character who feels real, and he could become unforgettable. Want to save this 10-step guide to read, save, or print whenever you wish? Click here. Questions about character development? Ask me in the comments below.

Saturday, February 15, 2020

Paintings by Georges-Pierre Seurat and Vincent Van Gogh Essay - 1

Paintings by Georges-Pierre Seurat and Vincent Van Gogh - Essay Example The essay "Paintings by Georges-Pierre Seurat and Vincent Van Gogh" analyzes The Starry Night’s intricate details while comparing it to the ‘Grandcamp, Evening’ painting by Georges-Pierre Seurat. Looking at the ‘The Starry Night’, one gets a feel of boldness in the painting. There is the use of dark shades of color to bring out a general feel of the painting. There is also the use of lines of different shapes and lengths. The clouds seem to be in motion as they are drawn in a continuous circular motion, while the stars and moon have unusual light around them. The focal point is a flame resemblance of a cypress tree that is a contrast from the village below. Vincent drew this piece while in bad mental shape and was in an asylum at the time. Some critics say that the scenery from his window could have afforded him the general idea with the rest of the features borrowed from memory. This is especially true with the illustration of the church spike that i ndicates Netherlands as his home land. There has been analysis of this painting showing that all the objects in the picture stand for various meanings. This is an iconography of Vincent’s world at the time. On the other hand, George’s work of art in ‘Grandcamp, Evening seems to give a different atmosphere. Here, the painter has incorporated various hues of color to create a sense of calm and isolation. The landscape in the background has been developed by the use of short strokes of lines to indicate a town in the far horizon, a grim sky.