Business Essays MBA Strategic Planning

Business Essays MBA Strategic Planning MBA Strategic Planning Essential Concepts of Strategic Planning The CEO at that point requested that you clarify the fundamental idea of vital business arranging and how it would help improve execution at Lawrence? To the inquiries presented by the CEO I would reply: Strategic arranging procedure can be summarized by responding to three inquiries: Where are we now? Where would we like to go? furthermore, How would we arrive? The essential ideas of key arranging are best portrayed by de Kluyver and Pearce in the book Strategy: A view from the top. The writers compose â€Å"Strategy is tied in with situating an association for upper hand. It includes settling on decisions about which businesses to take an interest in, what items or administrations to offer, and how to distribute corporate assets. Its essential objective is to make an incentive for investors and different partners by giving client value†. (de Kluyver and Pearce, 2006, p. 1) The fundamental vital arranging process includes setting up a crucial, current situational investigation, formal methodology plan, procedure usage, and setting up quantifiable control frameworks to screen the business. This essential vital arranging process is progressively appropriate at the specialty unit level, for example, the Home Appliances; Electrical Equipment; Industrial Tools; Agricultural Equipment; Automotive Parts; and Financial Services specialty units previously settled at Lawrence Manufacturing Corporation. Progressively nitty gritty ways to deal with system incorporate the more up to date ideas delivered by creators Kim and Maugborne called Blue Ocean Strategy. The more customary methodology is rivalry based system, for example, Porter’s Five Forces of Competition model. The Blue Ocean Strategy is a to a great extent doubtful yet fascinating idea that utilizations Value Innovation to push the organization into new markets that are undiscovered instead of going head to head with the opposition engaging it out for showcase space. This fighting is known as the Red Ocean technique where the waters are bloodied because of the fight for an upper hand. The Blue Ocean Strategy hopes to discover imaginative approaches to offer the client more incentive in the items or administrations at a decreased expense making a success win circumstance for both client and provider. The more conventional methodology is use Michael Porter’s five powers to break down the situation of the organization according to the opposition and afterward deliberately position the organization on a way of least serious obstruction. Fundamentally Porter ganders at: Threat of substitute items, Threat of section of new contenders, Intensity of serious contention, Bargaining intensity of clients, and the Bargaining intensity of providers. Key arranging at the Corporate level She[CEO] explicitly asks you what her job would be in the arranging procedure, what the corporate headquarters’ obligations would be and how the partnership would increase the value of the specialty units? Vital arranging at the Corporate level is progressively associated with dealing with the arrangement of the organization. On a very basic level Corporate level key arranging includes choices, for example, which specialty units to extend, which commercial centers the specialty units ought to contend in, designating assets between the specialty units, building and utilizing collaborations among specialty units, and consolidating or procuring different organizations. Likewise Corporate key arranging will include characterizing the general strategic, and destinations of the Corporation. Corporate level vital arranging will likewise utilize such apparatuses as Porter’s Five Forces, utilize a Blue Ocean Strategy, a Gap Analysis, or a Balanced Scorecard approach. Porter’s Five Forces and the Blue Ocean Strategy are portrayed previously. A Gap Analysis is a device used to find the current condition of the organization and the focused on condition of the organization. The distinction between them is the â€Å"Gap†. A Strategic Gap Analysis can be utilized to decide the hole and detail an arrangement to â€Å"bridge† the hole. The Balanced Scorecard takes a gander at the organization from four alternate points of view Financial, Customer Learning and Growth, and Internal Business Process. The Balanced Scorecard approach gives the organization a thought what ought to be estimated so as to â€Å"balance† the money related point of view. The Balanced Scorecard framework is an administration device that empowers the organization to obviously observe their vision and make an interpretation of that vision into vital activity. The enterprise will increase the value of the specialty units by planning and sharing corporate staff and different assets all through the specialty units, using specialty units to supplement each other in the corporate structure and different business exercises, and monetarily contributing assets across various specialty units. Jobs of SBU supervisors and utilitarian administrators The three Presidents of the specialty units and the practical administrators likewise needed to know what their particular jobs and duties would be in this new arranging procedure, and how their presentation would be assessed and remunerated? To the inquiries of three Presidents and useful officials I would reply: The job of the independent company unit directors and useful administrators is EXTREMELY critical to the vital field-tested strategy of the enterprise. (This announcement will catch the consideration of the three specialty unit presidents and useful chiefs permitting them have a sense of safety in their positions and at last assistance me to land the position!) As the specialty unit is set up and starts contending in a commercial center that it very well may be a suitable entertainer, the specialty unit supervisor has the opportunity to structure and deal with their specialty unit to hold onto the upper hand accessible to the unit inside that commercial center. Execution will be estimated utilizing key execution pointers characterized in the vital arranging process by utilizing arranging instruments, for example, the Balance Scorecard. The Balanced Scorecard causes vital organizers to infer key quantifiable for that specific specialty units, for example, client, item execution, serious examinations, activities, provider, cost and money related information, worker related, and advertise execution. These markers help to adjust the exercises of the specialty unit with the objectives of the organization. The job of the specialty unit directors and utilitarian administrators are to give contribution with respect to what these measurements ought to be, screen these measurements and give criticism, and actualize changes to improve the presentation. Examination of outside and inner situations The Vice President of Information Technology additionally needed to realize what sorts of outer and inside data would be required to build up the marketable strategies, and how they would get this data. He needed to realize what sorts of scientific instruments, strategies and aptitudes they would need to produce and examine this data? To the inquiries of Vice President of Information Technology (IT) I would reply: One of the essential instruments used to decide inner an outer ecological variables influencing the business is to play out a Strengths, Weakness, Opportunities, and Threats investigation or better know as SWOT examination. Interior ecological elements influencing the organization are fundamentally the Strengths and Weaknesses of the organization. Qualities that an organization can expand on are typically things, for example, brand name, protected innovation, notoriety, and all around created conveyance arranges just to give some examples. Shortcomings that an organization may confront are things, for example, high overhead costs, poor flexibly chain, or a feeble brand name. Outer elements influencing the organization are the Opportunities and Threats. Openings introduced to the firm could be thing, for example, requirement for another item, lifted guidelines, developing markets, and evacuation of exchange hindrances. At last, Threats are things, for example, substitute items, expanded guidelines, and new exchange levies. At the point when placed into a lattice structure, a SWOT examination can give the establishment on which the key arrangement of the organization will be constructed. As I referenced beforehand execution of the specialty units and the company will be estimated utilizing markers characterized in the vital arranging process by utilizing arranging apparatuses, for example, the Balance Scorecard and a Gap Analysis. IT will be approached to help with catching and putting away information that is inside and remotely identified with territories of the business, for example, client, item execution, serious correlations, tasks, provider, cost and budgetary information, worker related, and advertise execution. This information is critical to momentary total anticipating the specialty units and long haul vital getting ready for both the specialty units and the enterprise. IT will assume a significant job in human asset the board and arranging, catching cross utilitarian information value of the specialty units, perceiving and ensuring protected innovation, and sharing this data all through the association. The key organizers will require help from IT to give apparatuses to business situations, advertising and deals arranging, and money related projections. These data sources are important for sound arranging choices. Writers Anthony and Govindarajan have distributed a book entitled Management Control Systems and section 8 further examines the job of Information Technology in vital arranging. When all is said in done contribution from IT will be required for the executives control frameworks and giving a structure in which the control frameworks can give data and input to the pioneers for key arranging. At last IT will be expected to help with Enterprise Resource Planning (ERP). ERP is essential to connect a large number of the individual databases or make a focal database for the different framework modules. ERP will help in the sharing of data all through the association and permit execution following of key markers. A worldwide business, for example, Lawrence Manufacturing Corporat

Hernan Cortes Hero or Villain

The Sun Cannot be secured by a Finger Hearing of the word saint brings to my brain an attractive man with certain characteristics of reasonable, equivalent, mental fortitude, daring, genuine and a positive head. This makes the inverse a reprobate an individual who wishes wrong for somebody or an individual who makes underhanded. The occasion changes significantly, a saint of the past may not be viewed as a legend in the present and versa. Hernando Cortes a saint for joining two universes and vanquishing the most impressive human progress of America or Hernando Cortes a scoundrel for making the Aztec Empire disappear.Hernando Cortez was a significant image for the investigations, however slaughtering individuals, finishing the most remarkable development in America and spreading maladies doesn't makes him a legend. With great procedure and scarcely any men Cortes vanquished the Aztec Empire, first Montezuma II and afterward Cuauhtemoc. (5) Spreading illness â€Å"smallpox† to t he Aztecs that at that point will spread the malady all over Mexico and making numerous individuals kick the bucket. (2) Taking over a progress that had his way of life, language, religion and in the wake of doing this got done with the whole Aztec Empire. (1) If you contend these reasons you get the aftereffects of a scoundrel or for this situation the consequence of Cortes. â€Å"For the individuals of Mexico, Cuauhtemoc is a legend as the Spanish are brutal exploiters in their treatment of the indigenous populace. † (3) Not just Mexicans accept that poor and coldblooded treatment for human beans is a wrongdoing. This is something that we were conceived and we promptly knew. Regarding people as slaves is dishonorable and this is actually what Cortes did.Coming to a spot that isn't yours and saying that presently is you place is a certain something, yet treating them awful so they would do what he request and murdering them in the event that they chose to restrict is another significant level of evilness. (4) Cortes was eventually answerable for the maltreatment endured by indigenous and this contributes monstrously to the â€Å"black legend† of triumph. (9) The dark legend of the triumph was the maltreatment of the Spanish toward the Indigenous. Spanish started to take ladies and kids for the Indians to serve and to utilize detestable from them; they ate their suppers that the Indians got from hard exertion and work of regularly from them. 9) All of this where awful treatment towards the Aztecs that before the Spanish got to America was a development that was not terrible treated by anybody. (6) This was the structure they treated the Aztecs that would later prompt the dissipation of the Aztec Empire. The Spanish were beginning to settle just as the diseases.In 100 years 90 percent of the Indians populace kicked the bucket and this was an issue that Cortes conveyed since his appearance. (11) Smallpox was without a doubt the principle scoundrel, however not just, as the Spanish additionally presented the mumps and measles, both liable for some passings. 17) There is no proof that these diseases exist in America before the appearance of the conquistadores. The infection was surely bloodiest than the smallpox in sixteenth century in Europe. (11) It can be obliging that this malady was passed in the main attempt of Cortes attempting to vanquish the Aztecs in 1521. This being a quick illness that went from individual to individual. (16) When Cortes entered the city in August, found that almost a large portion of the populace had kicked the bucket. Over the span of a half year there was not really a solitary town without being contaminated. 11) It has been evaluated that almost 50% of the Aztec individuals kicked the bucket in the principal pestilence. While Cortes was planning more men and building ships for assaulting the city, the Aztecs were kicking the bucket by the ailment that his men left the first occasion when they en ter the city. (8) This was a major additional assistance to make things a lot simpler so Cortes could vanquish the Aztec Empire. (11) Without truly searching for additional assistance, help was tumbling from the sky towards Cortes; for this situation he discovered that he had slaughtered a ton of men with one of his disease.In option, can somebody by considered a legend for something that he truly didn't design? After one in the end comes the other. Cortes didn't just concentrate on executing the Aztecs he is still associated with the clashes of â€Å"La matanza de Cholula† and â€Å"La matanza del templo mayor†. Cortes required men to assist him with completing the Aztec domain. â€Å"La matanza de Cholula† was an assault by military powers of the Spanish vanquisher Hernando Cortes in his way to the city of Mexico-Tenochtitlan in the year 1519. (12) According to works of Cortes it was a forestalling activity in light of the fact that there was talk that there w ould have been a potential snare inside the city of Cholula. The outcome was the demise of 5 000 or 6 000 Cholula, for the most part unarmed regular folks in a period not surpassing six hours. (12) The other fight â€Å"La matanza del templo mayor† otherwise called the evening of tears was the night that Cortes lost portion of his men attempting to escape from the city of Tenochtitlan were additionally numerous Aztecs kicked the bucket; this was the 20 of May 1520. 13) The 27 of June 3 days before the evening of tears happened Montezuma was killed by his own kin, this will prompt the primary disarray; days after the fact Cuauhtemoc will be the following chief of the Aztecs being perceived for a progressively forceful pioneer. (14) Cuauhtemoc realizing that Cortes was attempting to engage Tenochtitlan, he sorted out the military and individuals to guard the city, offered to expel the tributes to his vassals, sustained the court and demolished the bridges.The Aztecs protected t heir situations for 75 days, until August 13, 1521. After the 75 days the city was incomprehensible the pioneer attempted to get away however they were catch by Spanish individuals. (14) Cuauhtemoc was then caught and was threatened to death in the event that he didn't said were the gold was. Cuauhtemoc stayed detained for a long time. He was murdered by the champions during the endeavor of Cortes to Central America in 1525 and this was the finish of a human progress that endure since the appearance of the Spanish. 14) Getting to an end, we dissect how Cortes treated, slaughtered, battle. Cortes a reprobate for making bleeding front lines where he ventured. Obviously here is the meaning of a lowlife. Spreading illnesses, causing individuals to endure, completing the human progress just with the end goal of gold and his own advantages. A saint considers everybody not simply on himself. Indeed with great system and barely any men Cortes crushed the Aztec Empire, first Montezuma II and afterward Cuauhtemoc causing this to endure much more.However spreading malady â€Å"smallpox† to the Aztecs that at that point will spread the ailment all over Mexico and making numerous individuals kick the bucket. This infection slaughtered 90% of the Natives in 100 years. Assuming control over a human advancement that had his way of life, language, religion and in the wake of doing this got done with the whole Aztec Empire. Nobody can be viewed as a saint by doing these underhanded things. Cortes confirmation to be a lowlife in pretty much every demonstration, now and again isn't sufficient to be a daring men and valiant. You have to utilize this characteristics for good not for terrible treatment.

Classes 2.0

Classes 2.0 Here’s to a basically mid-semester check-in to what I spend my time doing. I waited because I naively hoped that life would settle down into a rhythm before I profile it, but also because I was procrastinating as bloggers do. Probably primarily the latter. 6.009 Fundamentals of Programming I made that cat black and white and blurry (on purpose)! That was me! Mind you, this was the very first problem set. About a month and half in now, it’s safe to say that I will have learned a lot by the end of this semester. Perhaps even enough to compensate for the fact that my Sundays have been renamed “Day of 6.009 Office Hours.” 6.006 Introduction to Algorithms This class focuses on “mathematical modeling of computational problems,” which basically means runtime and common algorithms, like merge sorts and Dijkstra’s shortest path. I fluctuate in this class from really feeling like I have a grasp on the material to feeling like the professor is speaking a foreign language. This bipolarity often occurs within the same lecture, but if I sit in office hours for enough time, it sometimes starts to make a little sense. 7.012 Introduction to Biology Every year, registration for this class is lotteried probably because Professor Eric Lander, one of the leads on the Human Genome Project, is a lecturer for the class. The best part is I have the opportunity to take him out to dinner through the Student-Faculty Dinner, assuming we can fit into his busy schedule. Currently debating whether it’s too weird to ask for an autograph or something. ES.S41 Nonviolence as a Way of Life This class is taught under the MIT Prison Initiative, with philosophy Professor Lee Perlman, and philosophy it is. We’ve spent entire classes focused on the word forgiveness, discussing it objectively and subjectively, defining it meticulously, and creating counterexamples that take us right back to square one. I take this class with the inmates of the Norfolk medium security prison, who are often serving very long or life sentences for their crimes. To hear an MIT student’s perspective is interesting, but to hear a gang leader’s opinion on nonviolence is something else. For them, the parallel experience of hearing our perspectives and similarities with their thoughts have surprised them as well. It’s a five hour block every Thursday, given transportation and processing time, but this is probably (hopefully) the only context in which I’ll ever set foot in prison, and that experience has already been profound and educational in more ways than simply discussing the readings of Gandhi on campus. My plan is to post more in depth about this in the future, after I figure out the boundaries of privacy and legality (someone hold me to this). 13.Ballroom In an attempt to gain some semblance of body awareness, I’ve found a new hobby (yay for things besides psets)!! This weekend, I’m competing (so soon wowza) at Brown in like 9 different dances, currently knowing only three-ish and feeling like I have two left feet, so this should be fun! I’d say ballroom is my “let’s try something new even if I suck because that’s part of the amazing human experience” item of the year. So far, it’s been a blast, despite tipping over several times in high heels already while dancing. Updates (most likely) coming in the future. 13.UROP To support my lack of a meal plan and therefore, constant take-out ordering, I have found a cool CSAIL lab to work in (coincidentally in the same group as Anelise N. :o). Here’s the rig I get paid to play with: The idea is to create a dataset that a machine learning model could train and test on to reconstruct the scene not in the frame, using tonality data. Applications of this include using the model to “see beyond corners” and also render items in augmented/virtual reality. It’s some really cool stuff that I don’t necessarily entirely understand yet, but I’m so happy to be at the intersection of photography and machine learning applications. 13.HireMe (pls) Wow, trying to get a job is like a full-time job. Even with job postings swimming in buzz words like “Harvard MBA looking for app coder,” “machine learning,” and “startup culture,” it’s hard to sell yourself to the recruiter, while also convincing yourself that you won’t just be another cog in the corporate machine. I shouldn’t even be complaining. I was talking to a Course 1 Environmental Science major (so rarely found in the wild, I know!), and she was explaining to me what the job search struggle really sounds like when companies are only big enough to hire one intern per summer, but there are often moral issues with working at big oil companies that can afford a herd of interns. 13.StateofWorld The past few weeks have been very heavy, weighed down by things that happened within the MIT community and the world, from losing a member of our class to natural disasters near my family. The result is that the hours I’ve laid awake in bed could easily amount to time I’ve spent in class. What a time to be alive. I’ve been writing this piecemeal as I wait for data collection in my UROP, or if I ever get tired of banging my head against a wall for a problem set, so apologies on any discontinuities or tangential trains of thought, as I am hOsEd. Post Tagged #6.006 #6.009 #7.012 Intro to Biology #Ballroom Dancing #CSAIL (Computer Science and Artificial Intelligence Lab) #CSAIL (Computer Science and Artificial Intelligence Lab)

Should Companies Refuse Smokers Hire - 871 Words

Should companies refuse smokers hire? The argumentative essay topic is â€Å"Should companies have the right to refuse to hire smokers† which is about social argumentative essay topics. There were smoking bans in bars and restaurants to create some backlash in the last decade, while now the policies about some hospitals and businesses refuse smokers hire that appeal to a new ethical issue. Therefore, people are arguing it—should companies refuse smokers hire? Additionally, the author of the argumentative essay disagrees the policies what are unethical he thinks, though there are a bit of person argument that it’s for their own good. This argument is significant because it refers to relationship between companies and workers. No smoking is not realistic, but I still argue that the policies against hiring smokers will save lives over the long term. Besides that, I hate cigarettes and cigarette breath as my parents don’t smoke. One of the reasons is that peop le who are agree with author think that it’s paradoxical to create polices against employee who smoke. They believe the hospitals are callous and contradictory for health care institutions due to refuse to employ smokers, which imply discriminate for those people. However, I am really not agree them whose thoughts and I insist that hospitals refuse to hire smokers is responsible for patients, since smoking can case cancers seriously especially â€Å"compel† patients to second-hand smoke would be worse. For example, even thoughShow MoreRelatedWhat Would You Do ? Essay820 Words   |  4 Pagesyour Board of Directors mentioned that some companies are now refusing to hire smokers and that the board should discuss this option at the next month’s meeting. Nationwide, about 6,000 companies refuse to hire smokers. Weyco, an employee benefits company in Okemos, Michigan, requires all applicants to take a nicotine test. Weyco’s CFO says, â€Å"We’re not sa ying people can’t smoke. We’re just saying they can’t smoke and work here. As an employee-benefits company, we need to take a leadership role in helpingRead MoreShould Companies Want Smokers Hire Smokers?931 Words   |  4 PagesThe argumentative essay topic is â€Å"Should companies have the right to refuse to hire smokers† which is about social argumentative essay topics. There were smoking bans in bars and restaurants to create some backlash in the last decade, while now the policies about some hospitals and businesses refuse smokers hire that appeal to a new ethical issue. Therefore, people are arguing it—should companies refuse smokers hire? Additionally, the author of the argumentative essay disagrees the policies whatRead MoreOff Duty Smoking Essay762 Words   |  4 PagesOff-Duty Smoking 1. Was Rob’s choice justified? Why or why not? No, I don’t think Rob’s choice was justified. Rob did not hire this person because she was a smoker nor because she was less qualified. His reason for hiring her was, â€Å"Rob had to go with soft reasons. Cathy was a smoker. Rob didn’t like smoking – he considered it disgusting and a sign of weakness of character.† I feel as though Rob was being discriminative towards her. If Rob would have not hired Cathy because of something that sheRead MoreEssay on Employee Privacy In the Workplace461 Words   |  2 Pagescomputer and email monitoring. Many employees don’t seen to understand exactly employers do this. Employers monitor email accounts and company computers mainly for two reasons. Reason one is that they don’t want their employees wasting company time for personal use. In most places, that is considered a very good reason, because if an employee is using company time for personal things, then work isn’t being done. Then it causes problems for everyone. Reason two is that employers want to make sureRead MoreEthics in the Workplace Essay2063 Words   |  9 PagesDecember 11, 2005 Ethics in the Workplace Case Study Action Plan Introduction In 2003, Weyco Inc., a licensed third party medical benefits administrator based in Okemos, Michigan, announced that effective January 1, 2005, they would no longer hire smokers (http://www.weyco.com/web/). They were changing their policy to a Tobacco-Free Policy, which would not only prohibit employees from smoking in or around the workplace, but outside the workplace, including in the privacy of their own homes. EmployeesRead MoreAdvantages and Disadvantages of No Smoking in Working Places2325 Words   |  10 Pagesand by reducing excess smoking-related absenteeism among smokers who are motivated to quit as a result of the tobacco-free policy. Especially for small businesses that have employees who handle a variety of tasks, productivity can be greatly increased by reduced absenteeism. Workplace smoking cessation programs can increase smoking cessation rates, improve employee health, reduce exposure to second-hand smoke, and decrease costs. A smoker who quits could save employers an estimated $960 in excessRead MoreThe Epidemic Of Cigarette Smoking2740 Words   |  11 Pagesincluding such common diseases as rheumatoid arthritis, colorectal cancer, and diabetes mellitus. There is sufficient evidence to suggest that there is a contributing relationship between smoking and diminished health status. Self-reported data among smokers included poor overall health, missing work, and increased health care use and cost due to tobacco use. Cigarette smoking increases risk for all-cause mortality in men and women, with more than 20 million premature deaths that can be attributed toRead MoreHrci Exam Guide9197 Words   |  37 PagesStrategic organizational issues related to employee compensation include all of the following EXCEPT: a. whether to emphasize seniority or performance. b. how to handle salary compression. c. whether employees should be paid weekly, biweekly, or monthly. d. who should distribute pay checks to employees. 5. A specialized approach to organizational change in which the employees themselves formulate the change that is required and implement it, often with the assistance of a trainedRead MoreChap8440 Words   |  34 Pagesmarketing information, and help managers use it in their decision making. a. distribute b. collect c. retrieve d. store e. validate (Answer: a; p. 97; Challenging) 4. The marketing information system is not limited to use by the company it serves. It may also provide information to _____. a. the government b. external partners c. various publics d. competitors e. none of the above (Answer: b; p. 97; Moderate) 5. Marketers must weigh carefully the costsRead MoreCorporate Social Response6999 Words   |  28 PagesCorporate Social Responsibility - What does it mean? CSR is about how companies manage the business processes to produce an overall positive impact on society. The World Business Council for Sustainable Development in its publication Making Good Business Sense by Lord Holme and Richard Watts, used the following definition. Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of

Were Women a Help or Bother During the Vietnam War

Are women capable of handling battles and all its components? Of course because all throughout history women have made significant contributions to America, especially the Vietnam War. The United States has been slower to include women in its military planning and actions. Men believed in saving the United States from communism, and many women believed they could make a difference in the battle. Women, military as well as civilian, volunteered to go to Vietnam for a variety of reasons, as they wanted to show love and companion to men, they wanted to show their independency as feminists disputing the fact that many Americans believed women were not capable of handling such a traumatic war. To begin with, women were able to show men love†¦show more content†¦There was also opposing viewpoints that women were at high risk of sexual harassment (Carlson 4). Although that should not get in the way when women can report the individual who did her wrong and also there was a risks of violations back at home. While their daily experiences were different, all women who served were met with the clear realities of danger and death on a daily basis (Women in Vietnam). Once the initial experience of arrival was over, women began to camouflage to their situations and to settle their job that the war offered (â€Å"Iris†). They, like the men in uniform who were doing the fighting, came under much of the same enemy fire and risked their lives. They were a rare breed of women who were knew what not so much was coming to them but was able to handle such a traumatic devastation. But along with men, they were able to handle seeing such horrible situations, opposing that wom en and men should have been allowed to fight the battles regardless of the sex. At the end, women would return home individually, with no grand welcome awaiting them. Many of these women had experienced the terrors and trauma of the war, and had to find a way to adjust with these awful horrible memories while finding their place back in a normal life. Many felt the best way to deal with this was to fade away into isolation, found it difficult to speak to family and friends, felt anger and hadShow MoreRelatedEssay on We Were Soldiers1091 Words   |  5 PagesWe Were Soldiers   Ã‚  Ã‚  Ã‚  Ã‚  The Vietnam War was a nightmare for many soldiers. It re-defined the meaning of war to an entire generation. As the conflict grew it became known around the world that this was a war that could not be won. After this was realized by America the main focus became to get out instead of getting a victory. In the 2002 film We Were Soldiers, directed by Randall Wallace, a true account of the first major battle in Vietnam is given. At the beginning of the film he introducesRead MoreEssay about Report on We Were Soldiers1124 Words   |  5 PagesBehind Extended Essay of We Were Soldiers The Vietnam War was a nightmare for many soldiers. It re-defined the meaning of war to an entire generation. As the conflict grew it became known around the world that this was a war that could not be won. After this was realized by America the main focus became to get out instead of getting a victory. In the 2002 film We Were Soldiers, directed by Randall Wallace, a true account of the first major battle in Vietnam is given. At the beginningRead MoreAll Quiet on the Western Front by Erich Maria Remarque Essay668 Words   |  3 PagesIf one looks at propaganda posters from World War I and II, one often sees an ugly portrayal of the enemy leader, stereotypical portrayals of enemy citizens, or heroic depictions of men from one’s home country followed by motivational text. Despite the obvious fallacies that are being used, scare tactics are great methods of promoting nationalism within a country. Propaganda posters and media were widespread during both World Wars, within bot h opposing powers. To unite the people of a country, itRead MoreHippies : Who Are They?888 Words   |  4 Pagesbefore, then let me be the first to bring it to help create a visual mindset of how they look and dress. Most of us have seen the basic â€Å"hippy image†. Bell bottom blue jeans, tie-dyed shirts, bandanas, circle sunglasses, both men and women had long hair and of course we cannot forget, bare feet. Why bother buying shoes when they had their feet for free? The way that hippies dressed was a visual set for their beliefs, values, customs and so forth. 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The main purpose is to have sex with foreign women and or men. In Brennan s article on Sex Tourism, we learn that like any other tourism, the only people that really benefit from it are the tourists, not even the locals or the women. The women get better financial pay in Bangkok than at other Sex Tourism destinations, but most of the money that they earn goes straight to their husbands. The women there offer themselves in hopes that they will be swept off their feet byRead MoreSex Tourism Is A Large Part Of Income1875 Words   |  8 Pageschildren(dictionary.cambridge.org). The main purpose is to have sex with foreign women. In Brennan s article on Sex Tourism, we learn that like any other tourism, the o nly people that really benefit from it are the tourists, not even the locals or the women. The women get better financial pay in Bangkok than at other Sex Tourism destinations, but most of the money that they earn goes straight to their husbands. The women there offer themselves in hopes that they will be swept off their feet by theRead MoreThe Ride Along Experience Essay1553 Words   |  7 PagesHeth Michelle Emerson-Lewis CRJ 110 – 102 During my ride along with Officer McNairy of the Castle Rock Police department we had two cases of harassment, one welfare case, and one traffic violation that we worked on. Both harassment cases were easy enough, as was the traffic violation which we let go with just a warning. Welfare cases don’t normally go to police officers to manage, but on the day of my ride along one was. I had a very good time during my ride along and will probably do more in the

Desiree’s Baby Free Essays

Desiree’s baby Kate Chopin wrote the short story â€Å"Desiree’s baby† in 1892, when black people where considered second-class citizens. Even though the slaves were freed in 1865 as a directly consequence of the north states victory at the civil war, racial segregation were at it highest, particular because of the â€Å"Jim Crow† laws. Black people were free – but their opportunities were not good. We will write a custom essay sample on Desiree’s Baby or any similar topic only for you Order Now Even tough many new schools and churches were built for the black people, racism were a big sinner and black people were treated very bad – especially in the south states. Miscegenation was a cursed word, as the communities saw it as a crime and both the family and the baby were suppressed. Desiree felt that on her own body. â€Å"Desiree’s baby† contains a lot of typical short story characteristics, e. g. â€Å"in media res† and an ambiguous ending – yet it differs on places, such as the length of the act and the number of characters – but Kate Chopin wrote both short stories and novels, so it’s not unthinkable that she mixed the two genres here. The short story is told by an omniscient third-person narrator. It’s not a limited narrator, as we hear more than one character’s thoughts. E. g. in this sentence â€Å"it made her laugh to think of Desiree with a baby† one of the characters, Madame Valmonde’s, inner thoughts are shared with us, while Armand bares his soul places like this â€Å"he thought Almighty God had dealt cruelly and unjustly with him; †¦ †. The main character is Desiree. She’s â€Å"beautiful and gentle, affectionate and sincere – the idol of Valmonde† and an orphan, found in â€Å"the shadow of the big stone pillar† just outside Valmonde. She’s adopted by the religious and kindly madame Valmonde, who believes that â€Å"Desiree had been sent to her by a beneficent Providence to be the child of her affection, seeing that she was without child of the flesh†. Desiree’s also described very gentle in her actions, e. g. with the slaves and she’s madly in love with Armand, which sentences such as â€Å"when he smiled, she asked no greater blessing of God† intensely indicates – and it is, at least in the start, reciprocated. Armand is described as a very â€Å"hard† and strict person, but his love for Desiree makes him soft as butter. Their love is almost described as in a fairytale, as he fell in love with her â€Å"as if struck by a pistol shot†. He’s blinded by love and even looks beyond her â€Å"obscure origin†, even though he’s warned. Later, he grew even softer, as â€Å"â€Å"marriage, and later the birth of his son had softened Armand Aubigny’s imperious and exacting nature greatly† – but all that changed, when it occurred to him that the baby was not white. He’s a product of his time and surroundings – a â€Å"typical† south state man, who leads a cotton farm and perceives black people as second-class people. However, Madame Valmonde, is at some points ahead of her time. When Desiree wrote to her that the people were telling her that she was not white, she answered â€Å"My own Desiree: Come home to Valmonde; back to your mother who loves you. Come with your child. â€Å". Even though she gave birth to a â€Å"colored† baby, she still wishes to see and be in touch with Desiree AND the baby. That may be considered normal today, but at that time it was an enormous privilege. The setting of the story is the southern state, Louisiana, on the two plantations Valmonde and L’abri. Valmonde is the name of the family who owns the plantation, while L’abri is the French word for shelter. The reason that many French words and French sounding names appear in this story, is that Louisiana once was a French colony. The story takes place before slavery was abolished, so it’s going on around the mid-nineteenth century. The community surrounding the characters of the story are very wealthy, as many slaves harvest the cotton at L’abri. Besides that, it is also a sign of status and money that Armand orders a â€Å"corbeille from Paris† to his wedding with Desiree, as the journey from Louisiana to Paris was incredibly long and difficult at that time. The story unfolds in the period July to August, as we hear that three months are going from the day Miss Valmonde visit Desiree to the â€Å"break up† of Desiree and Armand – and Desiree leaves Armand â€Å"an October afternoon†. One of the themes of the story is miscegenation. Kate Chopin wishes to bring the subject to the knowledge of people – to bring the topic to debate. Kate Chopin is famous for using naturalism in her work, which is a literate movement, with realistic writing, who brings social issues to debate. It’s used her, as the story narrates about a white girl, giving birth to a colored child, taking the â€Å"easy† way out – disappearing, which is possible the death for her and her child. The hertz against â€Å"mixed†, and of course black, people, were something Kate Chopin wished to change and that’s the issue she tried to put focus on with this short story. The story also deals with ethical and morale themes, such as the fact that it’s not right to accuse people for something you’re not sure about. Armand learns this the hard way, as he receives â€Å"nemesis† for his evil deed, when he discovers that it’s him who’s carrying the black genes. How to cite Desiree’s Baby, Papers Desiree’s Baby Free Essays Final draft DESIREE’S BABY, by Kate Chopin Desiree’s Baby, by Kate Chopin, describes a girl who was adopted by Monsieur and Madame Valmonde. Madame Valmonde loved Desiree very much because she was beautiful and gentle, affectionate and sincere. Desiree was married to Armand Aubigny. We will write a custom essay sample on Desiree’s Baby or any similar topic only for you Order Now When she had a baby, Armand was pleased. However, he had changed since he realized that the baby was not white and he assumed that Desiree was not white. One day, Armand and his wife had an argument with each other, after that Desiree left L’Abri. Finally, she walked off into a deserted field and never be seen again although Madame Valmonde asked Desiree and the baby to return to Valmonde estate. At the end of the story, Armand knew that his mother belonged to the race that was cursed with the branch of slavery on account of her letter. Among all characters portrayed in this story, I am interested in Madame Valmonde the most for some reasons. First, she loved Desiree as an apple of her eyes although the girl was not her own child. Second, Madame told her adopted child to come back home when Armand stopped loving her daughter and the baby. Last, this character has given me an image that mother is always a warm, lovely person. Moreover, she would accept whatever her children have done. What I have significantly learnt from the story is that racism is unacceptable and it may affect your life too. I can see that Armand changed when he had became a racist. He was not pleased with his family on the ground that the baby was not white. As a result, his family was broken. One more important thing that I have learnt is careless in making decision. Being too rash to judge someone or something gives many bad feedbacks. As an example in the story, Armand thought that his son was not white on account of Desiree, but actually it was not. Besides this, Armand found out his mom was a branch of slavery which led his son to be black because of his ancestors. Eventually, he might have suffered from what he had done to his wife and son. After I read the story, I like it very much. I would recommend this story to my friends, so they can learn more for their own and get more experiences from Armand’s mistakes. How to cite Desiree’s Baby, Essay examples

Assigment 2 free essay sample

1. Suppose that you can trade a riskless asset that yields 5% and two risky assets A and B. The expected return of asset A is 8% and that of asset B is 11%, while the standard deviation of asset A is 14% and that of asset B is 23%. The covariance between assets A and B is 0:0322. Solution . rA,B= CovAR(A,B) / [(? A)(? B)] = -0. 0322 / (14%)(23%) rA,B = -1 But when rA,B = -1, (? p)^2 = [wA(? A) – wB(? B)]^2, ? p = wA(? A) – wB(? B) Is there is no risk fo the portafolio, then ? p = 0 So this means that: 0 = 14%(wA) – 23%(1 – wA), solve this for wA, wA = 0. 6216 wB = 1 – wA, wB = 0. 3784 E(Rp) = 0. 6216(8%) + 0. 3784(11%) = 9. 1352% Suppose that each one of the securities has a value of $100, Cash Flow Today Cash Flow 1 year from today Buy 0. 6216 units of A -$62. 16 $62. 16(1. 08) = +$67. 13 Buy 0. 3784 units of B -$37. 84 $37. 84(1. 11) = +$42. 00 Short 1 unit of risk-free +$100 -$100(1. 05) = -$105 Net Cash Flow 0 +$4. 13 What today will be $4. 13/(1. 05) = $3. 93 2. You are the risk manager in a major investment bank. We will write a custom essay sample on Assigment 2 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The banks current portfolio consists of U. S. stocks (50%), bonds (20%), and derivatives (30%). The expected returns and standard deviations of these investments are Expected Return 13% 7% 25% Standard Deviation 25% 9% 50% A trader comes with a idea about investing in some new emerging markets: the markets of Polynesia, Micronesia, and New Caledonia. These markets have the following characteristics: Polynesia Micronesia New Caledonia Expected Return 18% 20% 22% Standard Deviation 30% 35% 28% Correlation with Stocks 0. 4 0. 2 0. 6 Correlation with Bonds 0. 3 0. 1 0. 2 Correlation with Derivatives 0. 2 0. 3 0. 4 Your job as risk manager is to determine how this investment would project the overall risk of the banks portfolio. Based on risk considerations alone, which of the three emerging markets is the best investment? Assume that the investment in the new market is based by borrowing on the riskless asset, and that it is a very small part of the banks overall investment. The market with the smallest risk contribution can be figured by determining the CovAR of each market to the portfolio. CovAR(RA, RM) = (? A)var(RM) Thus, it eliminates the need to determine Var(RM). If the CovAR of Polynesia to the bank’s portfolio can be measured by first determining the covariance between stocks, bonds, and derivatives. Then, these values can be summed to compute the CovAR of Polynesia to the bank’s portfolio. CovAR(Polynesia, Stocks) = xstocks(? Polynesia)(? stocks)(weight of stocks) = 0. 4 * 0. 3 * 0. 25 * 0. 5 = 0. 015 With similar calculations, CovAR(Polynesia, Bonds) = 0. 00162 and CovAR(Polynesia, Derivatives) = 0. 009 CovAR(Polynesia, portfolio) can be computed by summing CovAR(Polynesia, Stocks), CovAR(Polynesia, Bonds), and CovAR(Polynesia, Derivatives) CovAR(Polynesia, portfolio) = 0. 015 + 0. 00162 + 0. 009 = 0. 2562 With similar calculations, CovAR(Micronesia, portfolio) = 0. 02513, CovAR(NewCaledonia, portfolio) = 0. 038808 The best option of investment is the bank is Micronesia. 3. Stocks X, Y, and Z have the same expected return 8% and the same standard deviation 19% (a)Compute the standard deviation of the equally weighted portfolio if the correlation between all pairs of stocks is 1:0. Explain the intuition behind this result. r = 1, ? p = 19% With a perfect positive correlation, there is no idiosyncratic risk, thus there are no benefits of diversification. (b) Compute the standard deviation of the equally weighted portfolio if the correlation between all pairs of stocks is 0:5. Using excel, when r = 0. 5, ? p = 15. 51% (c) Compute the standard deviation of the equally weighted portfolio if the correlation between all pairs of stocks is 0:0. Using excel, when r = 0, ? p = 10. 97% (d) Compute the standard deviation of the equally weighted portfolio if the correlation between all pairs of stocks is 0:5. Using excel, when r = -0. 5, ? p = 0% (e) Explain intuitively in which case above (a) to (d) (if any) is the equally weighted portfolio the minimum variance portfolio? (No computation is needed. ) The minimum variance portfolio is seen when r = -0. 5. Here, ? p = 0% (f) How does your answer to part (e) change if stocks X, Y, and Z have the same expected return 11% instead of 8% and nothing else is changed? No change (g) How does your answer to part (e) change if stocks X, Y, and Z have the same standard deviation 15% instead of 19% and nothing else is changed? No change 4. Your rich uncle asks you financial advice. He is currently holding a portfolio of 30% T-bills and 70% Microsoft stock. The beta of Microsoft is 1. 2 and the standard deviation is 37. 95%. You decide to base your advice on the CAPM. The T-bill rate is 5%. The market portfolio has expected return 15% and standard deviation 20%. (a)What is the expected return of your uncles portfolio? E(RM) = 5% + 1. 2(15% 5%) = 17% E(Rp) = (3/10)5% + (7/10)17% = 13. 4% (b) What is the standard deviation of your uncles portfolio? (? p)^2 = (7/10)^2(0. 3795)^2 + (3/10)^2(0)^2 + 0 = 0. 0705699 ? p = 0. 0705699^0. 5 = 0. 26565 = 26. 565% (c) You decide to recommend to your uncle a portfolio that has the same expected return as his portfolio but the lowest possible standard deviation. Which is this portfolio, and what is its standard deviation? 13. 4% = wTP(15%) + (1 – wTP)(5%) solving for wTP, wTP = 0. 84 wT = 1 – wTP, wT = 0. 16 (? p)^2 = 0. 84^2(0. 2)^2 = 0. 028224 ?p = 0. 168 = 16. 8% 5. Consider market portfolio and three risky assets: A, B, and C. Over the next year, only three scenarios of how the economy will develop can happen with equal probability. The table below describes, in each scenario, returns predicted by analysts for the market portfolio and for the three risky assets. Economy Market A B C Boom 17% 11% 3% 2% Mediocre 6% 11% 3% 2% Recession -2% 2% 7% 4% (a) What are the expected returns and the standard deviations of returns from in- vesting into the market portfolio and into each of the three risky assets? E(RM) = (1/3)17% + (1/3)6% + (1/3)-2% = 7%E(RM) = 7% With similar calculations, E(RA) = 8%, E(RB) = 4. 33%, E(RC) =2. 67% (? M)^2 = (1/3)(17% 7%)^2 + (1/3)(6% 7%)^2 + (1/3)(-2% 7%)^2 = 0. 0061 ? M = 0. 0061^0. 5 = 0. 0779 = 7. 79% With similar calculations, ? A = 4. 24%, ? B = 1. 89%, ? C = 0. 94% (b) Covariance of returns of the market portfolio with asset A is where pBoom, pMediocre, and pRecession are the probabilities of the three scenarios to occur. The correlation of returns of the market portfolio with the returns of asset A is _(RM;RA) = Cov(RM;RA) _ (RM) _ (RA) Use the formulas above tend the covariance’s and correlations of returns of assets A, B, and C with the returns of the market portfolio. Using formula, Cov(RM,RA) = 0. 0027, Cov(RM,RB) = -0. 0012, Cov(RM,RC) = -0. 0006 Using formula, ? (RM,RA) = 0. 8171, ? (RM,RB) = -0. 8171, ? (RM,RC) = -0. 8171 (c)What are the betas of assets A, B, and C? ?A = CovAR(RM,RA) / Var(RM) = 0. 0027 / 0. 0061 = 0. 4451? A = 0. 4451 With similar calculations, ? B = -0. 1978, ? C = -0. 0989 (d)If the riskless rate is 3. 5%, what are the expected returns of A, B, and C as predicted by the CAPM? CAPM, E(Ri) = rf + ? i [ E(RM) – rf ] E(RA) = 3. 5% + 0. 4451( 7% 3. 5% ) = 5. 06%E(RA) = 5. 06% With similar calculations, E(RB) = 2. 81%, E(RC) = 3. 15% (e) Draw a graph that contains the riskless asset, the market portfolio, and the three risky assets A, B, and C. Draw the SML in this graph. (f) Find alphas of risky assets A, B, and C. Indicate alphas of each risky asset in the alpha(A) = 8% 5. 06% = 2. 94%, alpha(B) = 4. 33% 2. 81% = 1. 52%, alpha(C) = 2. 67% 3. 15% = -0. 48%