Wednesday, July 31, 2019

A Closer Look: Violent Rhetoric and Arizona Politics

A Closer Look: Violent Rhetoric and Arizona Politics In â€Å"Violent Rhetoric and Arizona Politics† by Nathan Thornburgh, the author tries to get the message across that rumors can lead to more violence, than what actually happens. In a time where there are rumors flying, and people getting killed and a congresswoman shot because of them, Thornburgh is out there to prove his point that perhaps rumors are leading to all of this violence in Arizona.However his argument would have been more effective had he shown less bias, been a bit less dismissive and had provided more evidence and statistics to back up his paper. While not all bias is bad, too much can lead to an argument being less effective. Thornburgh’s bias can be seen in many aspects of the paper. In Thornburgh’s paper bias can be seen in his use of tone and word choice. Thornburgh chooses, out of the many names to call the shooter, â€Å"Coward† (Gooch 325. ) While it definitely shows Thornburgh's anger, where does the bias come from? Simple. Thornburgh's praise and protection of the congresswoman.It his small things, like his commenting on â€Å"Gifford was one of few politicians offering concrete law enforcement steps† and the fact that he later states numerous other facts to paint her in a good light (325). At the very end he goes on to say â€Å"Gifford’s is a sensible politician who was likely shot because she dealt with Arizona's reality, not its rumors† (Gooch 325). It is Thornburgh's bias, as bias is simply whichever way you lean towards in an argument, of the congresswoman that leads to him calling the shooter a coward. In anger or not, bias still promoted this. While bias is not bad, too much of it clouds your argument.That is what bias did here, as the fact that Thornburgh supports the congresswoman pops out at you and is right in your face at some points. It does not help Thornburgh's argument either, as he becomes dismissive of certain things within his argument. Thornburgh can be seen as dismissive in some parts of his argument. He seems to not really expand on the topic and just lets it go with a simple statement. Earlier on in in his article, Thornburgh states that â€Å"There were plenty of deaths there, but they were meek tragedies† when talking about the beheading that had been rumored to be going on in the desert (Gooch 325).What Thornburgh is talking about is the fact that there are rumors going on about immigrants being beheaded in the desert, but in truth they are being abandoned by their guides. Thornburgh is attempting to say that the rumors of beheading are not true and that the rumors have led to more violence. However he comes off as dismissive towards the lives that were lost as unimportant, which would throw someone off reading his paper if they disagreed with that sentiment. Thornburgh is trying to dismiss the idea of rumors, and in the same sentence is also dismissing the event itself and writi ng it off as if it wasn’t that big of a deal.This contradicts himself seeing as his whole point within the argument seems to be about the fact that these rumors lead to the violence happening. The thing he is most dismissive about, however, is the need for statistics. One of the key points of an effective argument is to provide support, usually in the form of statistics, citations, and facts. While Thornburgh does give some citations from other sources, they are just quoting of events or what people had said about events. Some of Thornburgh’s facts do lend credence to his paper, such as when he quotes about the â€Å"‘Congress on Your Corner’ † (Gooch 325).Yet this isn’t quite what makes a good argument. He could perhaps make a good argument without statistics but it still stands that statistics do help provide support to your argument. For instance, one of the best places to insert statistics would have been when he was talking about the fac t that because the community had been â€Å"Living in such calm for so long† they were more riled up about these things happening and rumors began to start (Gooch 325). Such a statistic would be like something from Americanprogress. rg, in which they state that â€Å"Violent crimes in Arizona are down by 15 percent since 2006† (Garcia). This would back up his statement on the fact that crimes had been low for quite a while and that they continue to drop. This would lend much help to the effectiveness of his argument. The effectiveness of Thornburgh’s argument was not as strong as it could have been. If he had been less overt about his bias, and had been a bit more professional, that alone would have made it a more effective argument. The one point that would have made it even more effective was if he had provided tatistics that were from a credible and reliable source. This article seemed to be more of a personal rant meant to persuade you to Thornburgh’s thinking than an actual well thought out article. Thornburgh’s points are there, and they do have clarity, but the tone is just too informal or biased to provide for an effective argument. Works Cited Garcia, Ann. â€Å"Fact Sheet: Setting the Record Straight on Border Crime. † American Progress. N. P. , 14 June 2010. Web. Gooch, John, and Dorothy U. Seyler. Argument! 2nd Ed. New York, NY: McGraw-Hill, 2011. Print.

Jainism vs. Sikhism Essay

Read the assigned chapters for the week and complete the following table. Be as specific as possible when identifying practices, beliefs, rituals, and historical elements. Cite sources in APA formatting. Core Beliefs Jainism Sikhism 1. Ahimsa – principle of noninjury 1. Naam Japna – remembering god through meditation 2. Sathya – truth 2. Kirat Karo – earning a honest living 3. Asteya – non stealing 3. Vand chakko – sharing income & resources. Selflessly serving others. 4. Brahmacharya – celibacy 5. Apigraha – non acquisition Part 2 Respond to the following questions in 150 to 200 words: 1 What do you think is the most important similarity and which is the most important difference? Use specifics to support your answer. Both faiths originated from the same part of the world. They are expected to be tolerant of all faiths and don’t believe that one path has the monopoly on the truth. Janism Sikhism – vegetarian because they belive believe it brings them closer to spirituality. – they have and order of monks and nuns – they practice the Caste system – polythetic religion – are not vegetarians they believe that eating meat doesn’t block your spirituality. – is bound to truth at all times and practices god conscience. – rejects the caste system and believes in gender equality. – monotheistic religion. Consider the following statement: Sallekhana (â€Å"holy death†) violates the Jain principle of ahimsa because it is an act of violence against oneself. Using examples from Ch. 5 of your text, what points might a follower of Jainism make to argue against this statement? Jains will prepare themselves after they have reached their virtue. They will walk into rivers, lakes, and oceans as well as starve themselves when they become elderly with the help of their families.

Tuesday, July 30, 2019

To Kill a Mockingbird Novel

To Kill a Mockingbird is a novel about growing in the 1930s in the Southern United States. Scout Finch lives with her brother Jem and their father Atticus (a lawyer) in the town of Maycomb, Alabama. Maycomb is a small town, and every family has its social standing depending on where they live, who their parents are, and how long they have lived in Maycomb. Atticus raises his children by himself, with the help of neighbors and a black housekeeper named Calpurnia. Scout is a tomboy who prefers to solve her differences with her fists. She tries to make sense of a world that demands that she act like a lady, a brother who criticizes her for acting like a girl, and a father who accepts her just as she is. Scout hates school, gains most of her education on her own and from her father. Scout and Jem understand their neighborhood and town. The only neighbor they do not understand is Arthur Radley, nicknamed Boo, who never comes outside. When Dill, another neighbor's nephew, starts spending summers in Maycomb, the three children begin an obsessive quest to lure Boo outside. Scout and Jem discover that their father is going to represent a black man named Tom Robinson, who is accused of raping and beating a white woman. Suddenly, Scout and Jem have to deal with racial slurs and insults because of Atticus' role in the trial. During this time, Scout has a very difficult time restraining from fighting, which gets her in trouble with her aunt and uncle. Even Jem loses his temper a time or two. After destroying a neighbor's plants, Jem is sentenced to read to her every day after school for one month. As the trial gets closer, their aunt comes to live with them. Read also  How Powerful Do You Find Atticus Finch’s Closing Speech? During the last summer, Tom is tried and convicted even though Atticus proves that he could not have done the crime. In the process of trying the case, Atticus accidentally offends Bob Ewell, a nasty drunk whose daughter accused Tom. In spite of Tom's conviction, Ewell vows revenge on Atticus and the judge. All three children are stunned by the jury's decision, and Atticus tries to explain why the jury's decided that way. After the trial, Scout attends one of her aunt's Missionary Society meetings. Atticus interrupts the meeting to report that Tom Robinson had been killed in an escape attempt. Scout learns valuable lessons that day. Things slowly return to normal, and Scout and Jem realize that Boo is no longer the center of their curiosity. The story appears to be winding down, when Bob Ewell starts making well on his threats of revenge. Scout is in the Halloween pageant at school, Jem agrees to take Scout to the school. After embarrassing herself on-stage, Scout leaves her costume on for the walk home with Jem. On the way home, the children hear noises, but disregard them as a friend who scared them on their way to school that evening. They are attacked, and Scout really cannot see out of her costume. She hears Jem being pushed away, and she feels arms squeezing her. Jem breaks his arm during this attack. Scout gets just enough of a glimpse out of her costume to see a stranger carrying Jem back to their house. The sheriff arrives at the Finch and announces that Bob Ewell has been found dead under the tree where the children were attacked, believing that he had fallen on his own knife. Scout realized that the stranger was Boo Radley, and that Boo is responsible for killing Ewell, and saving her and Jem's lives. Atticus' tries to get the sheriff to press charges against Boo, but he refuses. Scout agrees with his decision and explains it to her father. Boo sees Jem one more time and then asks Scout to take him home. With Boo safely home, Scout returns to Jem's room where Atticus is waiting. He reads her to sleep and then waits for Jem to wake up. I believe the main reasons that this book was banned were because of the language that was used, along with the racist implications toward the government. I also believe that it showed an unjust court system.

Monday, July 29, 2019

Used Car Acquisition, 180 Day Cycle Essay Example | Topics and Well Written Essays - 750 words

Used Car Acquisition, 180 Day Cycle - Essay Example According to the Manheim March calendar, Manheim Dallas holds auctions each Wednesday at 10:00 am.   This auction includes vehicles from the Ft. Worth location.   Therefore, each location will be called on Tuesdays for listings, to determine whether Wednesday auctions will have any vehicles of interest.   Adesa holds auctions in Dallas on Thursdays, at 10:00 am.   Inventory for Adesa will be reviewed on Wednesday, to determine which vehicles might be of interest on Thursday mornings.   America’s auto auction holds sales on Tuesdays and Thursdays at 2:00 pm, in nearby Irving.   Therefore, America’s inventories will be reviewed on Mondays and Wednesdays, when available.Auctions will be attendedin person, so that the exterior and interior conditions of vehicles can be inspected, prior to sale.   Auctions will be attended on Sunday mornings, Thursday mornings and Tuesday/Thursday afternoons.   There will be little time available for making calls on Thursday. Therefore, no calls will be made on Thursday. Tuesday mornings will be utilized for calling car rental companies and a portion of dealerships.  Car rental companies often sell vehicles when they receive new inventory of rental vehicles.   This occurs less frequently, so calls to car rental companies will occur once each week.  Three car rental companies, Dollar, Enterprise and Hertz, will be contacted on Friday afternoons  on the second and fourth Friday of each month of each month.  

Sunday, July 28, 2019

Writer's choice Essay Example | Topics and Well Written Essays - 250 words - 20

Writer's choice - Essay Example These verses are so relevant to the believers today because they advocate for mercy, generosity, sharing and helping of the less fortunate people in the society. These are great values that modern Muslims should possess because of the existing inequalities which has resulted into the segregation of the society into the upper, middle and lower classes each of which has different capabilities. So, it is justified for these verses to encourage people to have the virtue of sharing. If no one cares for the other, then the disabled, sick and poor people will die of hunger. Apart from emphasizing on the role of sharing, these verses relate to the principle of brotherhood. By encouraging people to share with one another, it means that the verses are urging the believers not only to think about themselves, but to extend their concern, love and care for other people as well. By doing this, they will not be limiting their brotherhood to their biological relatives. Instead, they will extend it to everyone from all corners of the world. Once a person gets a conviction that brotherhood is a broader thing, they will consider all the human beings to be their neighbors. So, they will be obliged to share with them their resources, protect them and offer them all the necessary assistance that they might require. I think this will bring peace in the

Saturday, July 27, 2019

Leadership in Practice (MSC Business and management) Assignment

Leadership in Practice (MSC Business and management) - Assignment Example gled with the work and it had led to a situation where pace of work had become slower compared to what it was before the implementation of the system. The productivity of the organization had suffered as a result and the outcome was almost paradoxical. Lack of computer knowledge and miscommunication between departments were the chief factors that had led to the conflict. The employees became frustrated unable to complete their individual tasks let alone the organizational goals. The sales department was exceptionally late in uploading the reports which in turn delayed the marketing department in their course of action. The senior manager was baffled at the outcome and could not comprehend the way in which this impasse could be resolved. The individual departments blamed each other for the delay in work and this made the whole organization suffer. The subordinates started to blame the senior management and the working environment became healthy. I was working in the marketing department of Ledus Manufacturing. I believe that the leadership style was the management was the main reason that had led to this problem in the first place. The idea was a novel one as fast working could result in catering to a large number of clients and improved the profitability of the organization. I think the leadership style exhibited by the CEO of the company was essentially a transactional one which was based on a goal-reward based approach without addressing the internal dynamics of the problems (Northouse, 2012). The CEO had clearly mentioned the benefits that could be achieved if the goals could be met by the employees. This was mainly to motivate the employees and help them achieve their individual goals. The theories of leadership state that, in transactional leadership, the leader uses path goal framework to achieve organizational goals. In this case the classic problem was that clear directives were given to each of the employees by de fining their job roles but the inherent

Friday, July 26, 2019

Assignment (Economics) Example | Topics and Well Written Essays - 250 words - 6

(Economics) - Assignment Example Also the mortgage fallout over the real estate crash, has skewered the flow of FDI in the US, though recent acquisitions of American firms by overseas companies does indicate some level of foreign investment. But it is also the rise in popularity of a strong Euro amongst global banking giants, that the has resulted in fall of demand for the dollar . In economic terms, it is simply a case of the supply of dollars outstripping the demand for it, thereby decreasing its value. The fallout of this within the US is the rise in prices of commodities like oil and gasoline, and a lower purchasing power. Traditionally, price of gold is inversely related to the value of the US dollar, and on 20th April 2011, gold prices breached $1,500 for an ounce for the first time due the week dollar. Mexico, China, India, Russia have made large additions to their gold reserves recently, which reiterates the fact that emerging economies are diversifying from their dollar dominated assets to lower their risks. China with a forex kitty of a staggering $3.05 trillion said ".. we are pushing forward with a strategy of diversifying our investments of foreign reserves." The Turkish lira- the worlds least valuable currency which after years of severe inflation and devaluations traded at 1.65 million per US $ till 2004 was phased out, when the new Turkish Lira- which trades at averagely 1.5 to the US dollar- was introduced on January 1st

HR hypothetical facts Essay Example | Topics and Well Written Essays - 750 words

HR hypothetical facts - Essay Example In determining whether a worker that provides services to your organization is either an independent contractor or an employee, all information that shows evidence of independence and control degree should be highly considered. The hypothetical facts that show the prove of independence and control are classified into three categories which include type of relationship, behavioral, and financial.Relationship between employee and employer- are there any written types of employee’s benefits or contracts (Fishman, 2014). Will the relationship between an employer and employee continue or end after a while and the services offered very important to the organization. Behavioral- does the organization have the power to control the function of the worker or how he or she carries out his or her duties. Financial- are there aspects of the job of a worker that is controlled by the Human Resource manager? (This includes things such as expense reimbursement and how workers are being paid. T hese are the main facts that the Unemployment Claims Hearing Office should rely on to determine whether John is characterized as either an employee or an independent contractor. Companies must put into consideration all the above mentioned factors when characterizing a worker as either independent contractor or an employee. Some of the factors indicate that a worker should be categorized as an employee while others entail that a worker should be categorized as an independent contractor. The main thing here is to evaluate all the mentioned factors.

Thursday, July 25, 2019

Is the media a tool for maintaining class and ideological domination Essay

Is the media a tool for maintaining class and ideological domination or a vital component of democracy that merely reflects the needs and views of society Discuss - Essay Example To summarize a brief history of media technology, media can be traced back to the 15th century and until Johannes Gutenberg’s invention of a mobile printing press, books were handwritten then and you could not find two similar copies of the same material. The printing press was responsible for easier mass production of mass media (Sagepub.com, 2006). Other than print media being cheaper, the invention of new means of transport made it possible for and easier for information to reach a wide audience. This invention of a printing press cannot be overlooked for it ushered in massive cultural movements in Europe and consequently all over the world. In this study, we look at the role played by media technology in the lives of the people in a societal set up, the impact it has on the societal class of the residents and its importance in the society as far as the democracy and ideological domination in the society is concerned. It should be noted that today’s society has assimilated media and technology to the levels that it is almost impossible to stay without it (Sagepub.com, 2006). Media has been proved to play a significant role in shaping socialization and shaping reality in our societies hence helping people to foster conceptions about social classes, wealth and poverty (Sagepub.com, 2006). It is true that cultures around the world consider their individual traditions, belief, norms and values very important, media has linked the people around the world regardless of the geographical distances. The social media, twitter, facebook, written media, visuals and the rest have made the world look like a global village. People can interact with each within a matter of seconds; people use social media to learn new cultures, establish and maintain relationships and stay on par with most current information around the world. Interactions and communication are therefore key factors in

Wednesday, July 24, 2019

Emirates Airline Case Study Example | Topics and Well Written Essays - 3000 words

Emirates Airline - Case Study Example (Butler & Keller, 2000) Emirates Airline has been very fortunate during the 2000s and beyond. The political scene in the region has been quite favourable because most of the countries in the Asian Pacific have been making agreements that facilitate better trade between countries especially in relation to the aviation sector. These countries have signed agreements between themselves and also with other countries in the United States and also in the European continent. These agreements have opened up Emirates to the world and have provided ready made markets for the Airline Company. Any aviation company must be ready to tackle high fuel costs and Emirates is no exception,. In the year 2005, the country reported an increase in fuel expenditure of seven percent from the previous year. Fuel costs represent the highest form of expenditure in the company as this has really eaten into their profits. The Asian Pacific region and in particular the United Arab Emirates, has been nurturing its economy at a rapid pace. Most of the countries located there are becoming more mature. These economies are growing at a substantial rate consequently affecting their overall income. This means that most of them are earning more revenue per capita and they can therefore afford to use air transport. This is probably the reason why Emirates Airline has been steadily growing over the past few years. ... (Tayeh, 2006) Airline traffic in the rest of the world has reduced drastically. However, the Middle Eastern region has improved especially for Emirates. Emirates success is directly linked to the City's success-Dubai. Dubai is one of the most rapidly growing cities in the world. It represents a lot of potential for investment both in the tourism industry and also in the business world. First of all, there are so many projects that re coming up with time. First of all, the City is building a theme park that resembles Disney world; it has embarked on a project that will house over four hundred thousand residents through a waterfront project. As if this is not enough, there are plenty of businesses that are always coming up all the time. Real estate is one particularly interesting sector because it attracts lots of capital investment. All these business ventures are encouraging more visitors to the City and the country in general; this has been reflected in the overwhelming market for Emirates. As if this is not enough Emirates Airline is located at a very suitable region in Asia, it is in the middle of the Eastern and Western regions. Consequently, the Airline is capable of tapping resources from both sides. The Asian continent has a booming economy and Emirates Airline has really benefited from this. Social Emirates Airlines operates in a region where there are numerous employees and workers. Most of these workers rarely demand for high compensation. When the United Arab Emirates is compared to other countries such as the United States, it can be found that there is a significant difference in labour costs as the latter country uses up thirty eight percent of its operating expenses while the UAE only uses up eight percent of its operating costs to pay its

Tuesday, July 23, 2019

The New York Public schools and New York Charter Schools Dissertation

The New York Public schools and New York Charter Schools - Dissertation Example Although there is a perception (generally) that the education in charter schools are vastly different than those in public schools, this research seeks to understand whether there is a difference in New York schools. The research will also review the beginning aspects of charter schools and draw a comparison of the positives and negatives of both charter and public schools.... As an example, California initiated a law to in 1992, showed how their charter schools would stay accountable. The Charter School Act for New York State passed in December 1998, allowed for the production of independent self–governing public schools. The law essentially stated that New York charter schools would meet state standards, regent’s requirements, state, health, safety, civil rights, and student assessments just like all public schools (About Charter Schools, 2010). Positive and Negative Aspects of Charter Schools vs. Public Schools One of the largest differences between public and charte r schools is that children are allowed to go to charter schools regardless of where they live. This gives parents and students a choice of schools and they are able to choose a school that they feel is the best choice for their children. In some ways, this action creates a need for public schools to develop more challenging The public schools limit their students to those who live within their specific districts. According to the National Conference of State Legislatures (NCSL) (2011) many charter schools will help to reform public schools but they are limited in scope so they will not be able to foster and entire public school system (NCSL, 2011). When looking at the positive and negative aspects of public schools, it is important to point out that public schools are free and the provide transportation to and from school for the children. Because the school is in the neighborhood, children will attend with their friends. This can also be a negative attribute for public schools if t heir friends include gang members or people who would get them into trouble in some way.

Monday, July 22, 2019

Creating Corporate Advantage Essay Example for Free

Creating Corporate Advantage Essay Most executives focus on individual elements of their resources, business, and organization without integrating all the parts into a whole. First, it is important to understand what a good corporate strategy is. According to the authors, it is not a random collection of individual building blocks, rather a fully constructed system of interdependent parts. In order for the organization to thrive, executives must actively direct decisions about resources the corporation will develop, and the business in which it will compete. During this, the executives must make sure all elements are aligned with one another. By applying the triangle of corporate strategy, the strengths of all special assets, skills and capabilities will illustrate how each element quot;fits. quot; The Resource Continuum is another model that shows the basis for corporate advantage along a continuum. This model can be applied differently to different business, as one size does not fit all. Many companies choose to integrate other businesses based on products rather than resources, and end up with a quot;plain vanillaquot; infrastructure. By following this continuum it will constrain the set of businesses to compete in while limiting th There is no one best way to design a product, make a product, manage operations, or serve customers. The best way depends on a firms objectives, resources, competencies, and context (products and customers). Firms choose to compete in different ways. A firms strategy defines how it will compete in the marketplaceits own best way. Strategy formulation involves (1) defining the primary task, (2) assessing core competencies, (3) determining order winners and order qualifiers, and (4) positioning the firm. The secret to effective strategy? Excel on the order winners, meet the order qualifiers, capitalize on core competencies, and maintain focus. Corporate strategy drives functional strategy. Functional strategies must be consistent with and supportive of corporate strategy. Strategic decisions in the operations function involve products and services, processes and technology, capacity and facilities, human resources, quality, sourcing, and operating systems. Policy deployment is a planning system that helps align day-to-day operating decisions with the companys overall strategy.

Sunday, July 21, 2019

Analyzing of Economic Data Using Big Data

Analyzing of Economic Data Using Big Data N.Rajanikumar, Dr.A.Suresh babu, Mr.G.Murali Abstract: Big data can help at the e commerce data. The big-picture problems, the economic indicator many investors, business fortunate and judges are rely on are just too outdated by the time they’re out. People â€Å"pitch to the number,† but the world has often moved since it was considered and they won’t know it until the next report comes out. Take, for example, the case of increasing food prices in India and China that are pouring up price rises for a major percentage of the world’s residents. But principle claims to have been seeing the movement shaping up for weeks. Premise is able to capture economic data in close to real-time in some cases or at least much closer to it in others thanks to the technology trifecta of e-commerce, cloud computing and Smartphone’s. However, while e-commerce data is supportive for gauging the prices of certain goods in certain economies, it doesn’t really touch emerging economies where the vast popular of transactions are still local and cash-based. If groceries prices are rising across Asia, for example, that likely income, along with other things, inferior health and less money to spend on non-essential end user goods. That’s where mobile devices come into play in the form of Premise’s Android host. The company has more than 700 contributors in 25 cities, mostly in Asia and Latin America, who go into stores and markets and capture data about exact items on which Premise desires data. â€Å"We use them as sort of detection agents. The contributors take a picture of the item either on the shelf or in a market stall; it syncs with Premise’s servers in the blur; and Premise’s system is then able to extract information from the photos. It can verify information such as price, brand and quality of the items, and even ecological information such as how clean the store is and how stocked the shelves are. Interestingly, but not without warning, the app that con tributors use is only for Android phones. Keywords: Apache Hadoop API Using HDFS, Mapreduce, Pig, Hive, Linux-Unix, windows,Eclips. 1. INTRODUCTION This paper mainly focuses on how to manage huge amount of data and how to analyse the data. The technology used for this is hadoop technology . In this project the data taken is Economic data from various E-commerce websites. Then the data is stored into HDFS( hadoop distributed file system) format in the form of clusters. After the storage is done, then the processing of data can be done based on the user requirements. The processing of data can be done using many modes. Hadoop basically contains many ecosystems which provide different ways of processing or analyzing the data in different environments. There are two basic methods of Hadoop are HDFS and MapReduce. HDFS is used to stock up the data and MapReduce is used to progression the data. In MapReduce we write codes in java to analyze the data in whatever way we want to. The ecosystems in Hadoop are also for processing and analyzing the data. The different ecosystems of hadoop are pig, hive, chukwa, HBase, ZooKeeper, sqoop etc. Here pig, hive and sqoop have been implemented. So the first ecosystem implemented is pig. Pig is scripting language. It can process both structured and unstructured data. In this pig scripts are written on the data to get results. Then hive is a query language, it can handle only structured data. In this queries are written on to the data to analyze it. Then finally sqoop, it is actually a support for hadoop rather than an ecosystem. It is used to transfer data from one data base to other. And after the processing of data the results are displayed. 2. What Is Big Data? Big Data refers to the data sets whose size makes it difficult for commonly used data capturing software tools to interpret, manage, and process them within a reasonable time frame. Big data sizes are a continually moving target, as of 2012 ranging from a few dozen TERABYTES to many PETABYTES of data in a single data set. With this difficulty, new platforms of big data tools are being developed to handle various aspects of big quantities of data. BIG DATA concept means a datasets which continues to grow so much it difficult to manage it using existing database management concept and tools. The difficulty can be related to retrieve the capturing of data, storage, searching and virtualization, etc. The challenges associated with Big Data are the â€Å"4 V’s†: Volume, velocity, Variety, and value. The Volume challenges exist because most businesses generate much more then what their system were designed to handle. The velocity challenge exists if company’s data analysis or data storage runs slower than its data generation. The variety challenge exists because of the need to process difference types of data to produce the desired insights. The value challenge applies to deriving valuable insights from data, which is the most important of all V’s in my view. Fig1. 4V’s of Big Data 3. What is E-Commerce? A type of trade model, or part of a larger business model, that enables a firm or individual to perform business over an electronic network, typically the internet. Electronic commerce operates in all four of the major market segments: business to business, business to consumer, consumer to consumer and consumer to business. It can be thought of as a more advanced form of mail-order purchasing through a catalogue. Almost any product or service can be offered via ecommerce, from books and music to financial services and plane tickets. Investopedia explains Electronic Commerce: e-commerce E-commerce has approved firms to set up a market existence, or to improve an active market spot, by providing a cheaper and more capable distribution chain for their products or services. 4. Why Big Data is a must in ecommerce The buzz nearby Big Data is far away from being needless. Not only does it permit merchants to gain deeper insights into customer behavior and industry trends, but it also lets them make more precise decisions to improve just about every feature of the business, from selling and publicity, to merchandising, operations, and even customer maintenance. Below are a few more points that deeper explain the impacts of Big data in the Ecommerce empire. From improving customer familiarity to developing better products or marketing campaigns, it’s no question that Big Data is the next big thing for online businesses. 5. Characteristics of Big Data A Big data proposal can give a solution which is planned specifically with the needs of the venture. The following are the basic characters of the Big data: Comprehensive – It should offer a broad platform, and address all three dimensions velocity, volume and variety. Enterprise Ready – It should include the performance, reliability, performance and security features. Integrated – It should enable integration with information supply chain including databases, data warehouses and business intelligence applications. Open Source Based It should be open source technology with enterprise class functionality. Low latency. Robust and reliability. Scalability. Extensibility. Allows adhoc queries. Minimal Maintenance. 6. BIG DATA OFFERS There are many vendors offering BIG DATA Analytics are IBM, KOGNITO, etc. Here in this paper I have discussed about the IBM Platform. Fig -2: IBM Platform of BIG DATA 7. Big Data Challenges There are focal challenges of BIG DATA are data variety, velocity, volume and analytical workload intricacy More number of organizations is belligerent to compact with many problems with the large amount of data. In order to solve this problem, the organizations need to ease the amount of data being stored and develop new storage techniques which can improve storage use. 8. Uses of Big Data for Online Retailers Most minute merchants’ think that Big Data analysis is for well-built companies. In fact, it is essential for minute businesses, too, as they attempt to partake with the larger ones. This becomes even more important as online retailers proceed together with their customers in real time. Note, however, that management large sets of data can increase a site’s load time. A slow site troubles every aspect of the shopping procedure. Here are six uses of Big Data for online retailers. Personalization, Dynamic pricing, Customer service, Managing fraud, Supply chain visibility,Predictive analytics. ‘Big Data’ and e-commerce Tuesday 25 September 2012 9. Conclusion The expansion of information particularly of unstructured dataposes a special challengeas the volumeand diversity ofdata. One of the most promise technologies is the Apache Hadoop and Map Reduce structure for dealing with this big data problem. Big Data is a popular trend in business and in marketing. The concept can indicate different things to different businesses. For ecommerce, retailers should seek to use Big Data to collect big information, if you will, that may be used to make better marketing decisions,. 10. REFERENCES [1] Ecommerce.about.com [2] bloomreach.com/2012/05/ecommerce-challenges-that-can-be-solved-by-hadoop-and-big-data-apps/ [2] Ziff Davis, â€Å"E-Commerce.† Software World, 2003, vol. 30,pp. 207-212. [3] X. J. Tong, W. Jiang, â€Å"Research of Secure System of Electronic Commerce Based on Mix Encryption,† Microprocessors, 2006, vol. 4, pp. 44-47. [4] S. H. Qing, Cryptography and Computer Network Security. Beijing: Tsinghua University Press, 2001. [5] Y. P. Hu, Y. Q. Zhang, Symmetric Cryptography. Beijing: Machinery Industry Press, 2002. [6] S. Z. Guan. Public Key Infrastructure PKI and Certification Authority. Beijing: Publishing House of Electronics Industry, 2002.

Human Adaptations to Extreme Cold

Human Adaptations to Extreme Cold   Abstract Humans have successfully adapted to environmental stresses, including extreme cold. A review of existing literature examining archaeological data, historical data, and current populations regarding human adaptation to cold stress (average annual temperature of ~ -14 °C / 7 °F) yields evidence supporting distinctive morphological, physiological and behavioral traits that compensate for the stress. Morphological adaptations can be seen in elongated and narrowed nasal passages (long narrow noses), which help warm and hydrate the air before it passes into the lungs; and a decreased surface area to volume ratio and allowing the individuals to more easily maintain a normal core body temperature. Physiological adaptations include: increased basal metabolic rate, which increases the amount of body heat produced; and a higher prevalence of type 1 diabetes, which may be a genetic adaptation that protects cells from freezing. Additionally behavioral adaptations can be observed in agricultur e, awareness of fickle environmental factors, and clothing. Traditional populations in sub-polar regions tend to be hunter foragers; agriculture is limited to what can be cultivated in the short growing season. Some populations demonstrate acute awareness of weather patterns, modifying their behaviors to minimize exposure to dangerous conditions while taking full advantage of more temperate periods. The author finds ample evidence of widely varied human adaptations to extremely cold environments which allow sub-arctic populations to survive more easily in their specific environments. Human Adaptations to Extreme Cold Humans have successfully adapted morphologically, physiologically, and behaviorally to environmental stress, including extreme cold. As a species, humans have survived Ice Ages which brought the intensely cold environment, normal for our polar and sub-polar regions, across much of the planet. To understand the wide variety of adaptations which have proven successful, the author explored existing literature analyzing data from archaeological, historical, and anecdotal sources, as well as from current populations. Because more information involving human populations exists for inhabitants of sub-polar regions than for any other extremely cold environments (except high-altitude locales where oxygen level is a significant contributing factor for adaptation and would complicate conclusions which might be drawn about adaptations to cold stress) the author focused there. Extreme cold is defined, in terms of environment, by examining monthly mean temperature charts provided online by the U.S . Navy (Guest, 2000). These data show that monthly mean temperatures at sub-polar locations, both north and south, range from -30 °C (-22 °F) in January to +5 ° C (+41 °F) in July, with daily variations from -40 °C (-40 °F) to +30 °C (+86 °F) yielding average annual temperatures ~ -14 °C (7 °F). Ample evidence exists to support conclusions that morphological, physiological, and behavioral adaptations have occurred in response to the stress of existence in extremely cold environments. Morphological adaptations can be seen in elongated and narrowed nasal passages, broad pelves, and relatively short, stocky bodies. (Kennedy 2007; Hernandez, Fox, Garcia-Moro 1997). Fueguians and the Eskimos are the human groups with the narrowest and highest nasal apertures, displaying a combination of large nasal height and low nasal breadth values, while groups from equatorial areas have low, wide nasal passages (Hernà ¡, et al. 1997). Both groups lived and/or live in the sub-polar regions (one nearer the southern pole, one nearer the northern). Fueguians inhabited Tierra del Fuego, the southernmost tip of South American after the ice sheets receded, ~ 10,000 to 12,000 BP (before present). Unlike the sub-Arctic environment, which is cold and dry, the climate of Tierra del Fuego is extremely cold, rainy, foggy, and windy. Average temperatures are in line with our definition of extreme cold, but in addition the area receives ~3000 mm (118 in) of rain each year and strong, persistent winds that blow off the glaciers, inducing a significant windchill affect. (Hernà ¡, et al. 1997, and references therein) took craniometric (measurments of the skull) measurements of 180 skulls from three distinct tribal groups of the area and analyzed them in relation to Howells 28 craniometric series in order to increase the statistical significance of the sample. When all the measurements were plotted on a climate map, a strong correlation between increased nasal height combined with narrow breadth and extremely low temperatures is apparent. Researchers postulate that high, narrow nasal openings allow frigid air to be warmed by the mucous membranes lining the nasal cavity to prevent damage to delicate lung tissue, and enhance the recovery of heat and moisture from expired air. (Hernà ¡, et al. 1997) Another morphological adaptation supported by existing studies is a short, stocky body structure. Body proportions of humans [and other endothermic (i.e., warm-blooded) species] have long been known to show significant correlations with climatic variables and their proxies. Specifically, two empirically derived ecogeographical rules, those of Bergmann (1847) and Allen (1877), state that within a widespread endothermic species, those in colder regions will tend to weigh more (Bergmanns rule) and be characterized by shorter appendages (Allens rule) than their conspecifics [members of the same species] in warmer climes. (Holliday and Hilton, 2010 and references therein). They also put forward colder-climate groups being characterized by broader pelves, and reference C.B Ruffs work from the early 1990s. Holliday and Hilton (2010) examine skeletal data from the Point Hope Inuit (another name for Eskimo) of North America. A total of 173 individuals, 127 from the Tigara period (13th to 17th century AD) and 46 from the Ipiutak period (~100 BC to 500 AD) were measured and analyzed relative to other Native North Americans, and samples from Europe, North Africa, Sub-Saharan Africa (from similar periods). Based on results from previous studies referenced, Holliday and Hilton concentrated their effort on measurements which have already been determined to vary with climate, specifically limb bones from the four major limb segments, femoral head diameter, skeletal trunk height (the summed dorsal body heights of T1-L5 plus sacral ventral length), and bi-iliac breadth [pelvic width]. (Holliday and Hilton, 2010). From the basic measurements, the authors computed seven ratios which are identified as indices for comparison. Results show that African samples provide the lowest indices while circumpolar populations show the highest, with European numbers in the middle. Neither of the groups measured specifically for this study (nor the third Native North American sample) is signific antly different from the other, but marked variations exist between these groups and both of the African groups. Interestingly, results do not support the authors expectation that the Inuit and Europeans would show a discernible variation using the specific indices studied. However, the bi-iliac relative breadth index (pelvic breadth compared to assumed trunk height) did separate these two groups distinctly. As a counter-point, it is noted that there are other factors which can affect overall stature, such as under-nutrition. In a harsh environment, maintaining sufficient nutritional intake is likely compromised, and so the shorter body may not be simply an adaptation to the extremely cold environment. Popular rhetoric holds that a layer of body fat helps keep humans, and other mammals, warm. In his 2007 American Journal of Human Biology article, Human cold adaptation: An unfinished agenda Steegmann does not disagree; he says, Fat insulates better than muscle per unit of thickness. However, in a fit person, muscle layers are usually much thicker than subcutaneous fat and consequently have higher absolute insulative value. Studies in the 1950s and 1960s (referenced in Elsner (1963): LeBlanc, 1954; Baker and Daniels, 1956; Daniels, et al, 1961) demonstrated that Caucasians with a thicker layer of body fat, as measured by skinfold, maintained core temperature, skin temperature, and metabolic rate more reliably when exposed to 15 ° C (59 °F) for two hours. However, in a similar study (Elsner, 1963) compared the skinfold thickness of eight hunter-gatherer groups (aborigines of central and northern Australia, Inuit of Canada, Eskimos, Alacaluf Indians of southern Chile, Lapps, Peruvi an Indians, and Kalahari bushmen), and cold-acclimatized Norwegian students, with urban Caucasians as a control. Skinfold thickness was measured at ten locations: abdomen, back (subscapular), calf, cheek, chin, iliac crest, knee, pectoral, upper arm,and side. The urban Caucasian control group had higher values across the board, except for the cheek measurement. Of particular interest, Canadian Inuit, and Eskimos had amongst the lowest values; not what was expected from populations that acquire 70-75% of their caloric intake (see above) from animal fat. Additionally he measured the rectal temperature, metabolic rate, and skin temperature of his subjects during an eight-hour sleep period with ambient room temperature of 0 ° 5 °C (32 ° 41 °F) during which time they had only one thin blanket to wrap up in. Elsner reports that there was poor correlation between skinfold thickness and the measurements of interest during the overnight study. In support of these findings, from ano ther study, Steegman (2007) reports results which demonstrate that Inuit traditionally had high muscle mass and high work capacity, but low body fat. Aside from the subjective observation that the primitive groups had better sleep than the control group, three sets of reactions emerged from Elsners study: 1) Canadian Inuit, Eskimos, and Alacaluf Indians, and cold-acclimatized Norwegian students demonstrated high metabolic rates (measurement technique not defined) and warm extremities; 2) Kalahari bushmen and aborigines from central Australia had stable or falling metabolic rate and cooler skin; and 3) Peruvian Indians and Lapps had low rectal temperatures and higher extremity temperatures. So, while a thicker layer of body fat does not seem to be a human adaptation for survival in extremely cold environments, increased metabolic rate and some protective mechanism to keep extremities warm both appear likely. (Makinen, 2007) Physiological adaptations include: increased basal metabolic rate, high protein/high fat/low carbohydrate nutritional requirements, and some evidence of variations in blood chemistry. (Westerterp-Plantenga 1999; Srivastava, Kumar 1991; Moalem, Storey, Percy, Peros, Perl 2004) An inverse relationship between BMR and mean annual temperature has been documented, which holds true even when controlled for differences in body size. (Snodgrass, et all 2005) In fact, Snodgrass, et al (2005) conducted extensive research among the Yakut population in Siberia (sub-polar Asia) which supports the claim that increased basal metabolic rate is an important human adapation to the stress of an extremely cold environment. With a thorough and well-documented scientific process, participants in the Snodgrass study underwent measurements of core temperature, oxygen consumption, carbon dioxide production, and heart rate in a thermoneutral (23 ° 27 °C) environment after a 12-hour fast. Results for basal metabolic rate (BMR) were predicted based on three standards drawn from a European population: fat-free mass (FFM), surface area (SA), and body mass. In all three cases, for males and females, the Yakut BMR measured significantly higher than predicted values. The BMR of Yaku t men and women were demonstrably elevated over their more southern-dwelling, European counterparts. Another metabolic adaptation might be seen in the increased incidence of Type 1 diabetes mellitus among northern Europeans. Moalem, et al (2004) Recent animal research has uncovered the importance of the generation of elevated levels of glucose, glycerol and other sugar derivatives as a physiological means for cold adaptation. High concentrations of these substances depress the freezing point of body fluids and prevent the formation of ice crystals in cells through supercooling, thus acting as a cryoprotectant or antifreeze for vital organs as well as in their muscle tissue. Citing the example of cystic fibrosis conferring immunity to typhoid (salmonella typhi), the authors suggest that elevated blood glucose levels, such as are seen when the body does not produce insulin, may be the result of genetic mutation which gave an evolutionary advantage to inhabitants of cold climates about 14,000 years ago when world-wide temperatures dropped dramatically. Life expectancies then were short, so genetic adaptations that enhanced survival would have favored changes in the short term. Now that our life expectancies have increased to 70+ years, we can observe that such changes might have been beneficial then, but currently are causing dangerous health issues within the aging population. Traditional dietary intake of these populations of cold-dwellers depends completely on what is available at any given time. In 2004 Patricia Cochran, a native Inuit Alaskan, wrote on the traditional diet for Discovermagizine.com. Our meat was seal and walrus, marine mammals that live in cold water and have lots of fat. We used seal oil for our cooking and as a dipping sauce for food. We had moose, caribou, and reindeer. We hunted ducks, geese, and little land birds like quail, called ptarmigan. We caught crab and lots of fish-salmon, whitefish, tomcod, pike, and char. Our fish were cooked, dried, smoked, or frozen. We ate frozen raw whitefish, sliced thin. The elders liked stinkfish, fish buried in seal bags or cans in the tundra and left to ferment. And fermented seal flipper, they liked that too. She reports that in the short summers the villagers would forage for roots, greens, and berries.. What the diet of the Far North illustrates, says Harold Draper, a biochemist and expert in Eskimo nutrition, is that there are no essential foods-only essential nutrients. And humans can get those nutrients from diverse and eye-opening sources. Inhabitants of extremely cold climates do not live to eat, they eat to live. The traditional Inuit diet, which seems to a Westerner to be sorely lacking in fruits and vegetables, which the U.S. government insists are necessary for wellness, supplies all they need to maintain health in their sub-polar climate. Vitamin C, which is a vital component for healthy connective tissue, is found in raw animal organs, raw kelp, and even muktuk, which is as rich in Vitamin C as orange juice, gram for gram.Fat-soluble vitamins A and D are metabolically mined from cold-water fish and mammal fats and livers. Not surprising, then, that the traditional Inuit diet comprised 90% of its caloric intake from meat and fish, 50-70% of its calories specifically from wild animal fat fat is the source of not only calories but also necessary nutrients. This traditional Inuit diet based wholly on what food is available from hunting, fishing and forage-harvesting might be a behavioral/cultural adaptation to the climate, while also encompassing metabolic/digestive adaptations. While morphological and physiological adaptations to environment take eons to manifest, some cultural and social adaptations may be apparent on a far shorter time scale. Steegmann (2007, and references therein) speaks about Richard K. Nelsons comparison of Kutchin natives of east-central Alaska to Eskimos, explaining Nelsons observation that Kutchin hunters keep moving if they lose their way, afraid if they stop they will sleep and freeze. Eskimo rest as needed and only move to stay warm. He also noted that Eskimo had a complex understanding of weather prediction and were better equipped to plan accordingly and keep themselves safe. In both cases, Eskimos seem to practice higher survival skills and both behaviors are strongly directed by cultural traditions. Two very different responses to the same stimuli in similar environments, with potentially diametrically opposed results: survival and death. Another surprising and non-intuitive variation in responses to the extreme cold of sub-polar life can be found in the clothing styles of arctic and some sub-arctic populations. According to Hernà ¡, et al. (1997) arctic inhabitants, such as the Inuit, wear clothing designed to protect them from the harsh cold, whereas the three Fuegian tribes they study, who lived at the southern tip of South America, are anecdotally described as almost naked throughout their lives. The Fuegian tribes are extinct, so no opportunities to explore their cultural adaptations to their extreme environment. Human adapation to the stress of an extremely cold environment, such as those of sub-polar regions, can be seen in morphological changes, physiological changes, and behavioral/cultural developments. Morphological changes include long, narrow nasal passages, to pre-warm icy air and protect fragile lung tissues and short, stocky body structure, which increases the body mass to surface area ratio, conserving body heat. Physiologically, increased basal metabolic rate is strongly supported as an adaptation, in a contemporary population, to the extremely cold climate of Siberia. An increased incidence of Type 1 diabetes in cold climates is suggested as a favorable mutation during the rapid onset of a mini Ice Age, but more studies would be needed to prove this as a lasting adaptation. Changes in metabolism and digestion in order to extract necessary nutrients from the limited food sources available in a sub-polar climate may be a physiological adaptation, but without studies to demonstrate a change in how the Inuit (or other sub-polar inhabitant) body processes food in order to extract necessary nutrients, it should be categorized as a behavioral/cultural adaptations. They eat to live, utilizing all food sources available. Other behavioral adaptations can be observed in a more precise weather awareness, perhaps, and clothing styles.

Saturday, July 20, 2019

Cloning :: essays research papers fc

Cloning, as of recent years, has become a very controversial issue. Society is firmly divided on the uses and ethics of cloning. Cloning can rang from producing copies of plants and animals to clones of humans and human organs. But cloning can have several positive effects for the well being of society. Cloning plants can have positive effects fo humans. Scientist can clone plants and alter them to produce healthier food. For example, oranges which contain an abundance of Vitamin C, can be altered to include Vitamin D and Calcium, which is found amply in milk. Cloning can also improve the status of hunger-stricken Third World nations. Fruits and vegetables can be cloned to produce large amounts of food without have to worry about growing season, climate, or any other environmental factor. They can also be alterd to be able to be grown in different environments or to produce more food and for a longer period of time. Cloning animals can have several ramifications. Foremost, is the be nfit of humans. This can be done in two ways. First, cloning animals can help us understand the way our cellss divide, multiply and operate. We can also learn how to fix ceratin disorders, thus leading to tests and research in similar human disorders. For example, sheep have a disease of the brain, called Scrapie, that causes tremors, loss of motion, and eventually death. This disease is very similar to the human disease called Parkinson’s disease. Scientists can try to stimulate new brain cells to divide and regrow damaged areas in the sheep brain first and then try similar procedures for humans. Animal cloning can also lead to better production of food. Ranchers can take one cow, the best out of the whole stock, and clone it. This would improve his sales and our health because we are given a healthier product. Endangered animals can also benefit from animal cloning. For instance, instead of doing lab monitored pregnancies and artificial inseminations for endangered animals, scientists can clone several embryos for the healthiest animal of that species. Working the way up the evolutionary scale leads eventually to cloning human organs and ultimately humans. This is the most controversial area of cloning, but despite the controversy, cloning of human organs and also humans can have some positive effects. To illustrate, kidney tissue can be used to grow a healthy kidney for patients with frequent kidney failures. Cloning :: essays research papers fc Cloning, as of recent years, has become a very controversial issue. Society is firmly divided on the uses and ethics of cloning. Cloning can rang from producing copies of plants and animals to clones of humans and human organs. But cloning can have several positive effects for the well being of society. Cloning plants can have positive effects fo humans. Scientist can clone plants and alter them to produce healthier food. For example, oranges which contain an abundance of Vitamin C, can be altered to include Vitamin D and Calcium, which is found amply in milk. Cloning can also improve the status of hunger-stricken Third World nations. Fruits and vegetables can be cloned to produce large amounts of food without have to worry about growing season, climate, or any other environmental factor. They can also be alterd to be able to be grown in different environments or to produce more food and for a longer period of time. Cloning animals can have several ramifications. Foremost, is the be nfit of humans. This can be done in two ways. First, cloning animals can help us understand the way our cellss divide, multiply and operate. We can also learn how to fix ceratin disorders, thus leading to tests and research in similar human disorders. For example, sheep have a disease of the brain, called Scrapie, that causes tremors, loss of motion, and eventually death. This disease is very similar to the human disease called Parkinson’s disease. Scientists can try to stimulate new brain cells to divide and regrow damaged areas in the sheep brain first and then try similar procedures for humans. Animal cloning can also lead to better production of food. Ranchers can take one cow, the best out of the whole stock, and clone it. This would improve his sales and our health because we are given a healthier product. Endangered animals can also benefit from animal cloning. For instance, instead of doing lab monitored pregnancies and artificial inseminations for endangered animals, scientists can clone several embryos for the healthiest animal of that species. Working the way up the evolutionary scale leads eventually to cloning human organs and ultimately humans. This is the most controversial area of cloning, but despite the controversy, cloning of human organs and also humans can have some positive effects. To illustrate, kidney tissue can be used to grow a healthy kidney for patients with frequent kidney failures.

Friday, July 19, 2019

Edgar Allen Poe Essay -- essays papers

Edgar Allen Poe Edgar Allen Poe: A Brilliant Writer Edgar Allen Poe was one of the most brilliant writers of the nineteenth century. His short stories and poems consist of horror, mortality, romantic struggle, and psychological concept. Poe’s tales labeled him as a master in his study of instability of self-control, the restrain of emotion, and access of feeling. His literary works were based on his personal background; therefore, many have similar characteristics. Poe was a manic depressant, and frequently wrote while under the influence of morphine and alcohol. Poe gives an example of his influenced writing in the story Ligeia. The story portrays Ligeia and her husband as opium addicts (Bonaparte, 236). Perhaps his abnormal behavior could explain why he used such great detail in form of writing. In most of Poe’s short stories the point of view is first person and often the narrator is nameless. Each narrator is unique, some are sane, others are unclear, and several approach a fine line that separates sanity from insanity (Rose). For example, the narration in The Black Cat is spoken through confusion and influenced by alcohol, yet The Fall House of Usher is told through the mind of a paranoid schizophrenic. Both stories are by nameless narrators. His focused on death in many of his short stories and poems. Poe’s theory of death and dying are more detailed than anything else. From the start to finish of his career he was casual to stop any action, which could be remaining over the grave, the shadowing of the moon, and the emblems of mortality and massacre (Davidson, 114). Often Poe wrote on how one’s death can effect someone’s emotions and mental stability. His ... ...ain his stability during his death sentence (Davidson, 134). Poe’s unique writing style is what makes him such a well-known literary author. His personal life is what made his writings so interesting and gruesomely detailed. He never hesitates to use psychoanalysis to describe his point of view. His passionate writing is what marks Edgar Allen Poe as a brilliant 19th century author. Bibliography: Bonaparte, Marie. Life and Works of Edgar Allen Poe. New York: Humanities Press, 1971 Davidson, Edward. Poe a Critical Study. Massachusetts : The Belknap Press, 1970 Grafx, Gibson. â€Å"Easylit Poe†. 1 Feb. 1997. . Rose, Elizabeth. â€Å"Poe’s Perceptions†. 1 Sept. 2000. . Werlock, Abby. The Facts on File: Companion to the American Short Story. New York: Facts on File, 2000

Tillie Olsen’s I Stand Here Ironing Essay -- Olsen Stand Here Ironing

Tillie Olsen’s I Stand Here Ironing Tillie Olsen was born in Omaha, Nebraska, in 1913, the child of political refugees from Russia. Olsen dropped out of school at the age of sixteen to help support her family during the depression. She became politically active in the Young Communist League and was involved in the Warehouse Union’s labor disputes in Kansas City. Her first novel, Yonnondio, about a poor, working-class family, was begun when she was nineteen. While writing the novel over the next four years, she gave birth to her first child and was left to raise the baby alone after her husband abandoned her. She married Jack Olsen in 1936 and had three more children. She remained politically active and held down various jobs while raising her family throughout the 1940s and early 1950s. In 1953 she was finally able to return to writing after her youngest child started to school. Olsen enrolled in a fiction writing course at San Francisco State College in 1953. She won a creative writing fellowship for 1955 and 1956 from Stanford University. Her first book of short stories, Tell Me a Riddle, was published in 1961, which established her reputation as a feminist writer. The 1970s brought Olsen more notoriety with several grants and creative writing fellowships. In 1974 she published the still-unfinished Yonnondio. A collection of essays about various circumstances which silence literary creation, Silences was published in 1978. Though Olsen’s body of published work is considered small, her short stories from Tell Me a Riddle, which include "I Stand Here Ironing," have been included in over fifty anthologies and have been translated into many different languages. "I Stand Here Ironing" is an autobiographical story of the r... ... (1134). Olsen works in numerous details to illustrate the sacrifices she made in her life. But instead of guilt, anger, or martyrdom, the author exudes a sense of powerlessness as she sees her daughter drift out of her mother’s emotional reach. As the title suggests, Olsen is literally ironing clothes in the story, but she includes the iron as a metaphor for the helplessness she feels as a woman struggling to support her family in a male dominated society. In a sense, Olsen is the clothing lying helpless before the iron of society and she lives for the day that her daughter will overcome the life-draining domesticity of generations of women who precede her. Work Cited Charters, Ann, ed. The Story and It’s Writer. Boston: Bedford, 1999. Olsen, Tillie. "I Stand Here Ironing." The Story and It’s Writer. Ed. Ann Charters. Boston: Bedford, 1999. 1129-1134.

Thursday, July 18, 2019

Financial Ratios and Stock Return: Evidence on selected Plantation Companies in Malaysia Essay

UNIVERSITI MALAYSIA SARAWAK (UNIMAS) SEMESTER 2 2012/2013 FACULTY OF ECONOMICS AND BUSINESS (FEB) EBF 3183 FINANCE SEMINAR (Group ASSIGNMENT) Financial Ratios and Stock Return: Evidence on selected Plantation Companies in Malaysia NAME:VICTORIA AK JUTI 28578 VENOSHNI A/P MANOGARAN 28577 PHUA WEE WEE 27952 TEOH CHIEN NI 28513 LING LING26752 GROUP:1 PROGRAMME:FINANCE Financial Ratio and Stock Return: Evidence on selected Plantation Companies in Malaysia Abstract This paper is to investigate the predictive ability of several financial ratios for stock return in Malaysia specifically in plantation industry. 23 listed plantation companies were analysed for the period from 2008 to 2012. Four of the common financial ratios were take into consideration in this study. These financial ratios include dividend yield (DY), book to market ratio (B/M), earning per share (EPS), and firm size. Pool ordinary least squares regression (OLS) method is adopted to estimate the predictive regression. The descriptive statistics indicate that there is a negative relationship between the dependent variable and the two independent variables include B/M and EPS. In contrast, the firm size and DY is positive correlated with the stock return. In addition, the empirical results indicate that dividend yield is the best predictor on stock return in the context of Malaysia’s plantation sector. Section 1 Introduction Introduction Research on predicting stock returns using various variables such as inflation, accuracy of disclosure of public information, discount rates are widely discussed in past studies. Return is something that investor expects to receive on their original investment in the future. Alternatively, financial ratios have provided investors another method in predicting the stock return. Previously, financial ratios are used to evaluate performance of a company. So far, numerous studies on stock return and financial ratios have conducted based on different sectors over the countries. However, the research on plantation sector is limited. Therefore, our main focus of this research is to determine the connection between financial ratio and stock return in the Malaysia stock market especially in the plantation industry. The reason plantation sector is chosen as our focus in this research is due to the growing of global demand in plantation. Presently, plantation is one of the major contributors in the economy of Malaysia amongst the sectors. In Malaysia, oil palm industry is currently the second largest export revenue earner for Malaysia after the electrical and electronics (E&E) sector. Meanwhile, Malaysia is also known as the world’s top exporter of palm oil which exported to several countries such as China, India, the European Union (EU) and Pakistan. Essentially, plantation sector is expected to rise in the future. In this study, we examine how the stock return can be predicted by using the financial ratio. 23 of plantation listing firms in Bursa Malaysia are selected as our research data. Meanwhile, the period we take into consideration is over the period from 2008 to 2012. The purpose of this research is to determine the predictability of financial ratio to the stock returns specifically in the plantation sector. By this research, we intend to provide an analysis of forecasting stock return using financial ratio. Financial ratios that commonly used to forecast the stock return are the dividend yield (DY), book to market ratio (B/M), and firm size. However, we extend the study by adding another financial ratio in predicting the stock return which is the earning per share. The empirical findings of this study indicate that financial ratios do have the predicting power on stock return in Malaysia’s plantation industry. Meanwhile, the results also show that firm size has the strongest forecasting power amongst the four variables. Therefore, we can conclude that our findings are somehow in line with past studies conducted by Fama and French (1988) which revealed that dividend yield was a good forecasting tool in predicting stock return in China, Canada and U.S stock market. The remainder of the paper is organized as follows. In section 2, we discussed the previous studies and provide a review of existing literature regarding on predictive ability of financial ratios for stock return. Data and methodology for constructing stock return predictors is discussed in the third section. Section four reveals the empirical findings and lastly followed by conclusion. Objective of study Main: To predict stock return using financial ratios General: To reveal more information regarding financial ratio acts as the predictor of stock return. To investigate how significant is the selected variables in forecasting the stock return. To determine which independent variables has greater predictive power. Significance of study Investing in stock market is risky. Therefore, a predicting tool is important for a wise investor to estimate the appropriate return of an investment. This research is significance in revealing the use of financial ratio as a forecasting tool of stock return. Previously, studies on the determinant of stock return are widely discussed by many of the researchers from all over the world. This study also tends to test whether our empirical results are parallel with previous research. Financial ratio is one of the most common tools that act as a financial analysis to compare the performance between companies or between industries. Currently, financial ratio analysis is not only can be used to evaluate the performance of company but also a predictor tool of the stock return. Financial ratio is computed through the items presented in financial statement of the company. For instance, financial ratio can be divided into several categories such as market debt ratio, liquidity ratio, profitability ratio, investment ratio and others. In addition, this study also acts as guidance and reference for further  research on similar topic. By referring this study, interested investor and researcher can apply different indicator, and other relevant factors to do further research. Theoretical Framework Section 2 Literature Review In this section is described the results of some of the most important researches which conducted in the context of financial ratios and the stock return. The financial ratios as empirical predictors of stock returns in the selected 23 plantations companies listed on the Malaysian Stock Exchange during the period 2008 to 2012. For this research, we used stock price as a dependent variable while dividend yields, book market, earning per share and asset size as independent variables. Stock returns, dividend yield (DY), asset size, earning yield (EY) and book-to-market ratio (B/M) have a strong theoretical background based on the predictive models. Some of the studies such as Fama and French (1988), Stattman (1980), Kothari and Shanken (1997) has done research on predictive variables, including, dividend yield, book to market, earning per share and asset size forecast stock return. Hodrick (1992), Fama and French (1988) has been study that DY has the predictive power on stock returns, a s the relationship between DY and return are developed by the appealing patterns. Moreover, DY track variation in return and can predict future return in 36 international markets. To illustrate the predictive power of DY, they introduced an explosive new test to improve the predictive ability of financial ratios especially DY during 55 years. Therefore, DY is regarded as a good predictor of stock returns in China, Canada and U.S stock market. Consequently, the DY as a strong predictor can contribute to stock return predictability. Banze (1981) and Reinganum (1981) found out that relationship between sizes (market value) has a significant effect on stock return. Smaller companies have more return than bigger companies. It is because first, intentional or unintentional errors are less likely to happen because of installing strong internal controlling systems in big companies, consequently audits can rely more on the company internal controlling systems and decrease increasingly the amount of content test. Second, big companies can recruit more accountants with more expertise and  higher education, and more advanced informational systems. According to study done by Fama and French (1988), they presented a firm background for the relationship between market size and stock return. Fama and French using Running single and mul tiple tests, they found a positive relationship between markets size and stock return. In fact, they doubt on beta sensitivity in capital assets pricing model, and generally stock return. Stattman (1980) has done study on indicated the positive relationship between return and the book-to-market ratio (B/M). Considerable evidence they suggested that BM ratios are related to future returns, and denoted the predictive power of B/M ratio on stock returns caused by the relationship between book value and future earnings, and provided evidence that the B/M ratios predict negative expected returns and track variation in return. The results of recent survey confirmed previous results that the BM ratio is positively related to stock returns. According to Hakkio and Rush (1991) have study on the relationship between stock return and earnings per share. They found that the subdivision do not improve the test power. Besides, there exists a non-stationary problem for stock prices and EPS, the non-stationary may lead to the problem of spurious regression for previous studies. Auret and Sinclaire (2006) has been studied the relationship between the ratio of book value to market value (BTM) and stock return in the years 1990 to 2000 in the companies listed in the Johannesburg Stock Exchange (JSE). In this study is used from the ratio of book value to market value (BTM), price to Earnings (P/E), dividend yield (DY), and firm size as independent and control variables. The results indicate that there is a positive and significant relationship between the ratio of book value to market value and stock return. But there is no significant relationship between the ratio of price to earnings and stock returns. According to Kheradyar, Ibrahim and Mat (2011) has been study on investigated the role of financial ratios as empirical predictors of stock returns in the 100 companies listed on the Malaysian Stock Exchange during the period 2000 to 2009. In their study is used from the variables of dividend yield (DY), earnings yield (EY) and Book-to-market ratio (BTM) as financial ratios to predict stock returns. To estimate the regression model used from panel data and generalized least squares (GLS) methods. Research findings indicate that there is a significant and positive relationship between financial ratios  and stock return of next year. Also, the results showed that the ratio of book value to market value is superior against dividend yield and earning s yield in explaining stock return of next year. Lau, Lee and Mclnish (2002) has been study on the relationship between stock returns and systematic risk with firm size, the ratio of book value to market value of equity, price to earnings ratio, the ratio of cash flow to price and sale growth in both Malaysia and Singapore. Their studied sample is 82 companies listed in the Singapore Stock Exchange and 163 companies listed in the Kuala Lumpur Stock Exchange during the period 1988-1996. Results for Singaporean companies are indicating that there is no significant relationship between the ratio of book value to market value (BTM) and earnings to price ratio (E/P) with stock returns. The results for Malaysian companies show that there is significant and positive relationship between the ratio of earnings to price (E/P) and stock returns. But the relationship between the ratio of book value to market value (BTM) and stock returns is not significant. Kothari and Shanken (1997) has been study on the relationship between the ratio of book value to market value and dividend yield with the expected market return. Results have shown that there is a significant and positive relationship between the ratio of book value to market value (BTM) and the dividend yield with market returns of future year. Also, the results indicate the superiority of book value to market value ratio against dividend yield in explaining future market returns. According to study done by Fama and French (1988), Hodrick (1992) and Stambaugh (1999) have shown that the variables of earnings to price ratio, the ratio of dividends to the price and short-term interest rates can better predict stock returns. As a conclusion, financial theories lay great emphasis on the role of risk in stock returns so the relationship between stock returns and financial ratios is because the ratios captured information about the risk. Therefore, these three financial ratios are supported by financial theoretical basis. Section 3 Data and Methodology Data Collection Methods The data collected are mainly from secondary data. The secondary data that used in this paper are included the closing price, dividend yield, book to market, earning per share and asset size of each plantation company from  year 2008 to 2012. These closing prices will be collected from yahoo finance but for the dividend yield, book to market, earning per share and asset size will be collected from data stream. Target Population The secondary data will be used in this paper to test whether dividend yield, book to market, earning per share and asset size forecast stock return or not. Therefore, the 23 stocks listed on Bursa Malaysia will be obtained. They are included: 1ï ¼Å½ UNITED MALACCA 2ï ¼Å½ NPC RESOURCES 3ï ¼Å½ KWANTAS 4ï ¼Å½ SARAWAK OIL PALMS 5ï ¼Å½ TH PLANTATIONS 6ï ¼Å½ TSH RESOURCES 7ï ¼Å½ CEPATWAWASAN GROU 8ï ¼Å½ CHIN TECK PLANTATIONS 9ï ¼Å½ KIM LOONG RESOURCES 10ï ¼Å½ FAR EAST HOLDINGS 11ï ¼Å½ KLUANG RUBBER 12ï ¼Å½ NEGRI SEMBILAN OIL PALMS 13ï ¼Å½ SUNGEI BAGAN RUBBER 14ï ¼Å½ UNICO-DESA PLANTATIONS 15ï ¼Å½ GOLDEN LAND 16ï ¼Å½ RIVERVIEW RUBBER ESTS. 17ï ¼Å½ UNITED PLANTATIONS 18ï ¼Å½ TRADEWINDS PLANTATION 19ï ¼Å½ MHC PLANTATIONS 20ï ¼Å½ IJM PLANTATIONS 21ï ¼Å½ HAP SENG PLTNS.HDG 22ï ¼Å½ CHIN TECK PLANTATIONS 23ï ¼Å½ GENTING PLANTATIONS Data Analysis The collected data were analyzed by using Microsoft Excel and Eview. Microsoft Excel will be used to calculate the stock returns for each stock for a period of around 5 years which are the year from 2008 to 2012. Besides, pool ordinary least squares regression, descriptive statistic, correlation and Hausman test from Eview will be used to run the result of our research. Dependent variable a. Stock return The total stock return can be gain through the appreciation in the price plus any dividends paid and then divided by the original price of the stock. The dividends can include any of the income sources from a stock. Commonly, it is increase in value. Thus, the first portion of the numerator of the total stock return formula is looks at how much the value has increased (P1 – P0). Then, it needs to remind that the denominator of the formula which is use to calculate a stock’s total return is considered as the original price of the stock which is used due to being the original amount invested. Total stock return calculated as follow: Total stock return = where = Ending stock price (period 1) = Initial stock price D = Dividends Independent variable b. Dividend yield Usually, a financial ratio can be used to show how much a company pays out in dividends each year which is relative to its share price. Therefore, it can be said that the dividend yield is the return on investment for a stock in the absence of any capital gains. Dividend yield is calculated as follows: Dividend yield = Annual dividends per share / Price per share c. Book to market Sometimes, we also use a financial ratio to find the value of a company. It can be found by comparing the book value of a firm to its market value. Book  value can be calculated by looking at the firm’s historical cost or accounting value. On the other hand, market value is determined in the stock market through its market capitalization. Book value is calculated as follows: Book to market = Book value of firm / Market value of firm d. Earnings per share The earnings per share (EPS) can be defined as the portion of a company’s earnings, net of taxes and preferred stock dividends. Usually, all of them are allocated to each share of common stock. EPS is calculated as follows: EPS = Net earnings / Outstanding shares e. Asset size Asset size is defined as the total of the current assets and the non-current assets which is holding by a company. Asset size is calculated as follows: Asset size = total asset Pool OLS regression Stock return = + (dividend yield) + (book to market) + (earning per share) + (asset size) + Pool OLS is to measure whether there is positive or negative relationship between dependent variable (stock return) and independent variable (dividend yield, book to market, earning per share and asset size). R-squared is the total variation dependent Y is explained by the total variation of independent X. F-statistic is to test whether the overall goodness of fit is good or not. The significant level is set at 1%, 5% or 10%. Descriptive Statistic Descriptive statistic is to provide simple summarizes about the sample and the observation that have been made like mean and median. Correlation The correlation is called the correlation coefficient (or â€Å"r†). It ranges from -1.0 to +1.0. If r is close to 0, it means there is no relationship between the variables. If r is positive, it means that as one variable gets larger the other gets larger. If r is negative it means that as one gets larger, the other gets smaller (often called an â€Å"inverse† correlation). Hausman test Hausman test is usually applied to test for fixed versus random effects models. Ho: Cov (ÃŽ »i, xit) = 0 (Random Effect) H1: Cov (ÃŽ »i, xit) ≠  0 (Fixed Effect) If the p-value is lower than 0.01, we reject Ho. This indicated that the fixed effects model is preferred. If p-value greater than 0.01. We do not reject Ho. This means that the random effect is preferred. Random effect model is to utilize in meta-analysis. It is using both study sampling error and variances. The variations between studies are included in the assessment of the uncertainty or confidence interval of the results of a meta-analysis. In addition, random effects model is apply when there is no correlation between the regresses and the individual effects. On the other hand, fixed effect model stipulates the units under analysis such as people in a trial or study in a meta-analysis are the ones of interest. Thus, this model constitutes the entire population of units. The variation between the estimates of effect from each study name as heterogeneity. It does not affect the confidence interval. Besides, this model is applied when there is allow for arbitrary correlation between the regresses and the individual effects. Section 4 Data and Empirical Results Research Findings: Descriptive statistics Variables N Mean Maximum Minimum Standard Deviation Stock Return 115 0.069304 1.170000 -0.600000 0.308345 Dividend yield 115 3.356435 10.31000 0.370000 2.220661 Earnings per share 115 0.345304 1.800000 0.040000 0.300544 Book to market value 115 1.193478 2.950000 0.340000 0.542936 Firm Assets 115 13.64433 15.36144 12.01738 0.816106 From the table above, on average or the mean stock return level for firms is 0.07% with a maximum value of 1.17% from 2008 to 2012. As we can see, average dividend yield for the plantation firms in Malaysia is the highest which mean 3.36% return of plantation firms in Malaysia are generated by dividend yield. Looking for the earnings per share, it shows low earnings  per common share. On average Malaysian plantation firms only make earnings about 0.04% and the highest is 1.8%. This amount of earnings per share is very low compared to the dividend yield. Average book to market value is 1.19% with a maximum value of 2.95%. Firm asset is one of the most important bank specific variables that will affect stock return. Total assets value for Malaysian plantation firms ranges from 12.02% to 15.36%. The range is big and this may due to the sample firms having operated for different lengths of time. Correlation SR DY EPS LSIZE MVB SR 1.000000 DY 0.188256 1.000000 EPS -0.048140 0.084159 1.000000 LSIZE 0.055228 -0.150209 0.239308 1.000000 MVB -0.313238 -0.014558 0.383026 0.509393 1.000000 The stock returns for two variable that is earning per share and market to book value are moving in totally opposite direction linearly. These are because the correlation between stock return and earning per share and also the correlation between stock return and market to book value are negative relationships which are -0.05 and -0.3. On the other hand, the correlation between stock return and total asset and also the correlation between stock return and dividend yield are positively correlated which are 0.05 and 0.19. As a conclusion, based on the result above the dividend yield recorded the strongest correlated to stock return. Pooled Ordinary Least Square Dependent Variable: Stock Return Variables Coefficient Std.Error t-Statistic Probability C -1.424024 0.492529 -2.891247 0.0046 DY 0.031544 0.011973 2.634631 0.0096 EPS 0.044259 0.094578 0.467969 0.6407 LSIZE 0.125167 0.037734 3.317073 0.0012 MVB -0.281240 0.058763 -4.786012 0.0000 R-squared 0.214105 Adjusted R-squared 0.185527 F-statistic 7.491945 Prob(F-statistic) 0.000022 SR= -1.4240 + 0.0315 DY + 0.0443 EPS + 0.1252 LSIZE – 0.2812 MVB where SR = Stock Return DY = Dividend Yield EPS = Earnings Per Share LSIZE =Log Firm Size MVB = Book to Market Value The intercept value of -1.4240 means that if the all independent variable are zero, the stock returns will expected to be -1.4240. the R-squared is 0.2141 means that about 21.4% of the total variation dependent Y is explained by the total variation of independent X. the F-statistic is 0.000022 means that  this regression model is statistically significant at 5% level of significant. Therefore, the overall goodness of fit is good. From this regression, dividend yield and firm size showed positive relationship to stock return as shown by the positive coefficient. Both variables of p-value are significant at 1% of significant level. There is negative relationship between book to market value as shown by negative coefficients and the p-value is significant at 1% of significant level. The relationship between stock return and earning per share is negative and the p-value is not significant at 10% of significant level. Fixed effect model Dependent Variable: Stock return Variable Coefficient Std. Error t-Statistic Probability C -4.296162 2.324473 -1.848231 0.0679 DY 0.040577 0.020388 1.990207 0.0497 EPS -0.153195 0.222027 -0.689983 0.4920 LSIZE 0.361256 0.168448 2.144618 0.0347 MVB -0.542055 0.096166 -5.636630 0.0000 The table shows the dividend yield, earning per share, firm size and book to market value. The dividend yield, size and book to market value were found be significant, the p-value are 0.0497, 0.0347 and 0.0000 respectively which are significant at 5% of significant level. The earnings per share was found not be significant, since p-value is 0.4920 which is greater than 0.05. Thus, dividend yield, size and book to market value were impact on the stock return of Malaysian plantation sector. Random effect model Dependent Variable: Stock return Variable Coefficient Std. Error t-Statistic Probability C -1.424024 0.450854 -3.158502 0.0020 DY 0.031544 0.010960 2.878165 0.0048 EPS 0.044259 0.086575 0.511226 0.6102 LSIZE 0.125167 0.034541 3.623689 0.0004 MVB -0.281240 0.053791 -5.228410 0.0000 The table shows the dividend yield, earning per share, firm size and book to market value. The dividend yield, firm size and book to market value were found be significant, the p-value are 0.0048, 0.0004 and 0.0000 respectively which are significant at 5% of significant level. The earnings per share was found not be significant, since p-value is 0.6102 which is greater than 0.05. Hausman test Test Summary Chi-Sq. Statistic Chi-Sq. d.f. Prob. Cross-section random 35.021193 4 0.0000 Hausman test is used to test hypotheses in terms of bias or inconsistency of an estimator. For this specification test, H0 and H1 are: H0: Cov(ÃŽ » , x ) = 0 H1: Cov(ÃŽ » , x ) ≠  0 The result of Hausman Test illustrated the p-value is 0.0000 which is smaller than 0.01. Therefore, it is statistically significant at 1% of significant level. Therefore, the null hypothesis is rejected and concludes that the fixed effect is preferred. Section 5 Summary and Conclusion The purpose of this study is to investigate the predictive ability of the selected financial ratios on stock return in Malaysia specifically in plantation sector over the period from 2008 to 2012. Among the financial ratios, three commonly used financial ratios are included which is the dividend yield, firm size, earning per share (EPS) and book to market ratio. As a result, this study has provided evidence that financial ratios played a significant role in predicting stock return. In addition, the empirical findings also revealed that dividend yield, book to market ratio and firm size have significant relationship on stock return of Malaysia plantation sector among the financial ratios. However, the research finding indicate that the dividend yield has the strongest forecasting ability on stock return and it is in line with the past studies by Fama and French (1988) who found out that there is a strong predictive power of dividend yield on stock return. In summary, this study might not applicable to other region or other industry. Nevertheless, it has provided better information regarding the forecasting power of financial ratio on stock return. Therefore, effort shall be made to explore for further research in order to improve on previous work. References: Abgineh, M. (2013). The Investigation of the Relation between Changes in Financial Ratios with Changes in Stock Returns on the Tehran Stock Exchange. Journal of Basic and Applied Scientific Research, 3(2), 473-479. Aono, K., & Iwaisako, T. (2010). Forecasting Japanese Stock Returns with Financial Ratios and Other Variables. Asia-Pacific Financial Markets, 18, 373–384. Auret. C.J., & Sinclaire R.A. (2006). Book-to-market ratio and returns on the JSE.Investment Analysts Journal, 19, 31-38. Banze, R. (1981). The relationship between return and market value of common stocks. Journal of Financial Economics , 9, 3-18. Emamgholipour, M., Pouraghajan, A., Yadollahzadeh, T., Haghparast, M., & Shirsavar, A. (2013). The Effects of Performance Evaluation Market Ratios on the Stock Return: Evidence from the Tehran Stock Exchange. International Research Journal of Applied and Basic Sciences, 4 (3), 696-703. Fama, E. F., & French, K. (1988). Dividend yields and expected stock return. Journal of Financial Economics, 22, 3-25. Hodrick, R. (1992). Dividend yields and expected stock returns: alternative procedures for inference and measurement. Review of Financial Studies, 5, 357-386. Hakkio, C. & Rush, M. (1991), Cointegration: how short is the long run?, Journal of International Money and Finance, 10, 571-581. Kheradyar, S., Ibrahim, I., & Mat, N. F. (2011). Stock Return Predictability with Financial Ratios. International Journal of Trade, Economics and Finance, 2 (5), 391-396. Kothari, S. P., & Shanken, J. (1997). Book-to-market, dividend yield, and expected market returns: a time series analysis. Journal of Financial Economics, 44, 169–203. Lau, S.T., Lee, T.C. & McInish, T. H. (2002).Stock Returns and Beta, Firms Size, E/P, CF/P, Book to Market, and Sales Growth: Evidence from Singapore and Malaysia. Journal of Multinational Financial Management, 12, 207-222. Lewellen, J. (2002). Predicting Returns with Financial Ratios. MIT Sloan School of Management. Working Paper 4374-02. Lewellen, J. (2004). Predicting Returns with Financial Ratios. Journal of Financial Economics, 74, 209–235. McManus, P.A. (2011). Introduction to regression models for panel data analysis. Retrieved from http://www.indiana.edu/~wim/docs/10_7_2011_slides.pdf Reinganum, M.R. (1981). Misspecification of Capital Asset Pricing: Empirical Anomalies based on earning yield and market values. Journal of Financial Economics, 9(1), 19-46. SAS Institute Inc. (2013). The model produce. Hausman specification test. Retrieved from http://support.sas.com/documentation/cdl/en/etsug/63348/HTML/default/viewer.htm#etsug_model_sect050.htm. Stambaugh, R. (1999). Predictive regressions. Journal of Financial Economics 54, 375–421. Stattman D. (1980). Book values and stock returns. The Chicago MBA: A Journal of Selected Papers, 4:25-45.

Wednesday, July 17, 2019

7. What Would You Recommend to the Ceo Given Your Analysis of His Approach Thus Far?

Important Course reading Course Overview Throughout this course you result assume the design of a heed consultant hired by a variety of clients. Each individual or group project you undertake bequeath present a different oversight or leadership challenge. These projects allow sanctify you an opportunity to demonstrate your understanding of modern font leadership issues and put one across ethical theories and conclude skills to job positions. General Project deliverable GuidelinesAs a repugnment consultant you make a living by providing management advice to senior level double-deckers with impress to management problems that they atomic number 18 experiencing within their organization. Your role is to analyze the situation and then apply your experience, general business knowledge, and sound management principles and theories, to defecate a report or former(a) deliverable on the display case for the senior manager. Your recommendations are important, but every bit i mportant is your justification for those recommendations.The justification mustiness convince the manager that your advice is worth the charge he or she paid for it. The manager should feel confident that you have arrived at the correct conclusions and that your conclusions are well support by good judgment and able authority in the subject. Your goal is to produce results that will strengthen your reputation as a management consultant and embolden the manager to hire you in the prox for other projects.Leadership Challenge Selecting aggroup Members The leader of your client organization has discovered a lack of flexibility and a slow decision-making process in many an(prenominal) of the departments. He believes that he is non fortune his customers well, and has decided to move to a group environment and to push many of the decisions to the last-place possible levels. In other words, he wants to create a team-based, empowered organization. several(prenominal) of his best ma nagers are resisting the idea strongly.They not only feel that many employees are not ready for the diverseness, but they also believe that they personally could never change from a command and control carriage to allowing more participation (Nahavandi, 2006, p. 54). Your client has asked you to doctor a report in which you hide the following questions 1. How should the leader deal with the situation? 2. How are leading and managing different? 3. Is the chief executive officer trying to lead or manage this change initiative? 4. What arguments can he use to persuade his managers? 5.What can he do to help his managers change their call? 6. What are the implications of his actions and decisions? 7. What would you recommend to the CEO habituatedyour analysis of his approach thus farther? Use the Library or other Web resources to support your argument. Be for sure to cite your sources using APA Style sixth edition guidelines. Your report MUST involve a reference list. All loo k for should be cited in the body of the paper. discourseBoard essays andIndividual Projectswithout references and citations may not earn any higher alum than a C letter grade.Your report should operate an abstract, a short introduction, and conclusion in addition to the body of the paper. Please tick off that if you have a source in your reference section, you need to cite it in the body of the paper per APA guidelines and vice-versa. Please shoot your assignment as a countersign document in APA Style sixth edition format. Objective The Objective of the unit1 IP Assignment will involve the following the Course Outcomes and grading Criteria with their respective percentages for the Grading Rubric 1.equality and contrast leadership and management, and understand their similarities and differences as well as the ethical challenges that managers face. (40%) 2. discourse and explain when and why participation should be used to improve leadership effectiveness. (40%) 3. break c ritical thinking skills to analyze business situations. (20%) Nahavandi, A. (2006). The art and science of leadership (4th ed. ). upper Saddle River, NJ Prentice-Hall. Please say your assignment.