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Everyday Use Essay Example For Students

Regular Use Essay In Everyday Use, Alice Walker explores the social hole between a mother and her two little girls. It is a story which portrays life from two points of view, however observed through one lot of eyes. One little girl stems life from catastrophe, recognizing the truth about the world, and invites each of lifes challenges with wary acknowledgment; in the mean time, the most established girl hates anything holding up traffic of what she believes she is normal. The mother needs to keep up a situation in the two, in spite of the fact that, Maggie is unmistakably more reliant than her sister is toward their mom. Maggie, the more youthful of the two sisters, was seriously scorched when the house they used to live in burst into flames. The mother portrays that ghastly night: Sometimes I can at present hear the flares and feel Maggies arms adhering to me, her hair smoking and her dress tumbling off her in minimal dark papery drops. Maggie was truly scarred forever both truly and inwardly. She could never be the equivalent again; she will consistently be embarrassed about her scars. She takes life step by step, and she remains under her moms defensive wing. She appreciates a rough cultivating life in the nation and after her first house torched moved to a little, tin-roofed house encompassed by a mud yard in a dairy animals field. She has two girl Maggie who is a lot of such as herself living at home and uneducated, and Dee who was bound to go out into the world to see change and to be changed. In spite of the fact that Mrs. Johnson had two girls, she puts Dee her most seasoned little girl on a platform. She longs for being brought together with Dee on a TV syndicated program. During this time she would be guided by a limousine and brought into a room where Johnny Carson shakes her hand and mentions to her what a fine young lady she has (678). Dee has consistently been derisive of her family s lifestyle. She despised the primary house they lived in and was glad to see it burn to the ground. Dee s satisfaction was so centered around the consuming of her home that she was totally unmindful of the way that her sister had been scorched and scarred forever. The childish way Dee has carried on as long as she can remember makes her visit home amusing. She shows up home with a male friend, which drives the peruser to accept they might be hitched. You advance to this end on the grounds that Dee has thought of her mom in the past disclosing to her No issue where we decide to live, she, which means Dee, will figure out how to come see us. Be that as it may, she will never bring her companions (679). When Dee and Hakim-a-hair stylist escape the vehicle she is oddly enchanted by her old lifestyle. In the wake of grumbling for quite a long time about her families method of living she incidentally leaps out of the vehicle and accepts photos as though she missed the homestead and valued all of it. To her mom s shock, Dee claims she had changed her name to Wangero Leewanika Kemanjo. Mrs. Johnson is frustrated in light of the fact that she had named her girl after her sister. When inquired as to why settling on such a critical choice Dee states I couldn t bear it any more, being named after individuals who abuse me (680). During Dee s visit she began to show the genuine importance of her visit home. While inspecting various antiques in the house Dee inquires as to whether she could have the old spread agitate so she could utilize it as a focal point for her table. This is totally absurd on Dee s part. She just needs the thing to intrigue her companions. They have no wistful worth and she would presumably not realize how to utilize it. In the wake of seizing a thing that Mrs. Johnson Maggie still use, Dee had the boldness to remove two blankets from a trunk and hope to take them without any inquiries posed. At the point when Mrs. Johnson disclosed to Dee that she had guaranteed them to Maggie Dee being the conceited individual she is says, Maggie would t be able to welcome these blankets (682)! She d presumably be in sufficiently reverse to put then to regular use (682)! This truly troubles me in light of the fact that Dee was offered the blankets before she had left for school yet they were not stylish to her so she declined them. Presently she has adjusted her perspective and expects she can get whatever her heart wants. .uec9d023fbba04808b29c784a56641989 , .uec9d023fbba04808b29c784a56641989 .postImageUrl , .uec9d023fbba04808b29c784a56641989 .focused content region { min-stature: 80px; position: relative; } .uec9d023fbba04808b29c784a56641989 , .uec9d023fbba04808b29c784a56641989:hover , .uec9d023fbba04808b29c784a56641989:visited , .uec9d023fbba04808b29c784a56641989:active { border:0!important; } .uec9d023fbba04808b29c784a56641989 .clearfix:after { content: ; show: table; clear: both; } .uec9d023fbba04808b29c784a56641989 { show: square; change: foundation shading 250ms; webkit-progress: foundation shading 250ms; width: 100%; obscurity: 1; change: haziness 250ms; webkit-progress: darkness 250ms; foundation shading: #95A5A6; } .uec9d023fbba04808b29c784a56641989:active , .uec9d023fbba04808b29c784a56641989:hover { murkiness: 1; change: mistiness 250ms; webkit-progress: obscurity 250ms; foundation shading: #2C3E50; } .uec9d023fbba04808b29c784a56641989 .focused content region { width: 100%; position: relativ e; } .uec9d023fbba04808b29c784a56641989 .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; content beautification: underline; } .uec9d023fbba04808b29c784a56641989 .postTitle { shading: #FFFFFF; text dimension: 16px; text style weight: 600; edge: 0; cushioning: 0; width: 100%; } .uec9d023fbba04808b29c784a56641989 .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; fringe range: 3px; box-shadow: none; text dimension: 14px; textual style weight: striking; line-tallness: 26px; moz-outskirt sweep: 3px; content adjust: focus; content embellishment: none; content shadow: none; width: 80px; min-tallness: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: supreme; right: 0; top: 0; } .uec9d023fbba04808b29c784a56641989:hover .ctaButton { foundation shading: #34495E!important; } .uec9d023fbba04808b29c784a56641989 .focused content { show: table; stature: 80px; cushioning left: 18px; top: 0; } .uec9d023fbba04808b29c784a56641989-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .uec9d023fbba04808b29c784a56641989:after { content: ; show: square; clear: both; } READ: In Cold Blood EssayShe is extremely juvenile in the way that she needs to put down her sister to make what she sees is a valid statement. Maggie then again, is a liberal character she reveals to her mom she can have them, Mamma (682) offering to feel free to give the blankets to Dee. In the Houston A Baker article they quote Maggie is the emerged goddess of the Walker s story; she is the consecrated figure who bears the scarifications of experience and realizes how to change over fixed into vigorously designed and wonderful sewed wholes (Baker 416). Maggie is the one genuine character in this story. Despite the fact that she has carried on with a shielded and exhausting life she is savvy. She is in a superior off situation than Dee and her materialistic pictures of life. The blankets are the most significant piece of this story. The blanket as interpretive sign opens up a huge improvement, a nonscripted region whose imagination with sections is less a matter of masterful decision than of monetary and practical need (Baker 415). The historical backdrop of these blankets is a background marked by the family. These blankets are a family legacy, they speak to the family, yet they are an indispensable piece of that culture. Dee s disarray about the significance of her legacy additionally develops in her demeanor toward the blankets and other family unit things. While she dismisses the names of her quick progenitors, she enthusiastically values their old carefully assembled products. To Dee, ancient rarities, for example, the beat or the blanket are carefully stylish items. It never happens to her that they, as well, are images of mistreatment. Her family made these things since they couldn't bear to get them. Her profound respect for them currently appears to mirror a social pattern toward esteeming high quality articles, instead of any genuine interests in her legacy. Dee is a stylish native of American s workmanship/dreamland. She is expelled from the ordinary employments of a dark network that she despises, misjudges, consumes. Absolutely she is unusually dark (Baker 417). The two sister s esteems concerning the blanket speak to the two fundamental ways to deal with craftsmanship thankfulness in our general public. Craftsmanship can be esteemed for monetary and tasteful reasons, or it tends to be esteemed for individual and passionate reasons. Neither of these ways are correct or wrong, however on account of this story Alice Walker decides to esteem the significance of this story on an individual premise and communicates this type of craftsmanship to be utilized as regular use.

Dorothy Parker Harshing on Bad Books

Dorothy Parker Harshing on Bad Books I recently recalled that a copy of The Portable Dorothy Parker was kicking around my house somewhere, and remembering that she wrote some pretty entertaining book reviews in her day, I dug it up out of the huge TBR pile. After all, Im always trying to up my game and make my own book reviews and bookish thoughts more interesting and entertaining. But who can write reviews like Dorothy Parker? After all, this is the same woman who claimed that “the first thing I do in the morning is brush my teeth and sharpen my tongue.” Well, I hereby present to you a few choice excerpts from her column Constant Reader (1927-1933), which ran in The New Yorker. Its harsh stuff (but hilarious at the same time). Ive thrown in some Parker portraits, as well, just because I like you. I refuse, however, to include her comments on my man, Theodore Dreiser, so. Of the authenticity of [The Presidents Daughter by Nan Britton] I am absolutely convinced. I wish I were not. I wish I could feel that she had made it all up out of her head, for then I could give myself over to high ecstasies at the discovery of the great American satire, the shrewd and savage critique of Middle-Western love. But I am afraid that The Presidents Daughter is only a true story. An American Du Barry, October 15, 1927 In this book of essays [Lay Sermons by Margot Asquith], which has all the depth and glitter of a worn dime, the Countess walks right up to such subjects as Health, Human Nature, Fame, Character, Marriage, Politics, and Opportunities Successively, she knocks down and drags out each topic. Re-enter Margot Asquith, October 22, 1927 there is this to be said for a volume such as Professor Phelpss Happiness. It is second only to a rubber duck as the ideal bathtub companion. It may be held in the hand without causing muscular fatigue or nerve strain, it may be neatly balanced back of the faucets, and it may be read through before the water has cooled. And if it slips down the drain pipe, all right, it slips down the drain pipe. The Professor Goes In for Sweetness and Light, November 5, 1927 There have been times when [Fanny Hursts] sedulously torturous style, her one-word sentences and her curiously compounded adjectives, drive me into an irritation that is only to be relieved by kicking and screaming. Re-enter Miss Hurst, Followed by Mr. Tarkington, January 28, 1928 It may be that this autobiography [In the Service of the King by Aimee Semple McPherson] is set down in sincerity, frankness, and simple effort. It may be, too, that the Statue of Liberty is situated in Lake Ontario. Our Lady of the Loudspeaker, February 25, 1928 Mr. Lou Tellegen has recently seen fit to write his memoirs; and, though it is at least debatable that it would have been more public-spirited of him to have sent the results to the zoo, he has caused them to be bound within costly blue covers, and has entitled them Women Have Been Kind. Kiss and Tellegen, February 21, 1931 ** ouch *** _________________________ Sign up for our newsletter to have the best of Book Riot delivered straight to your inbox every week. No spam. We promise. To keep up with Book Riot on a daily basis, follow us on Twitter, like us on Facebook, , and subscribe to the Book Riot podcast in iTunes or via RSS. So much bookish goodnessall day, every day. Sign up for True Story to receive nonfiction news, new releases, and must-read forthcoming titles. Thank you for signing up! Keep an eye on your inbox.

Robotic Surgery - 2247 Words

Robotic Surgery is the use of robots in performing surgery. Surgery is performed by manipulating straight instruments while viewing the instruments on a monitor. Robotic surgery is the evolution of laparoscopy that addresses the drawbacks of laparoscopy(NJ urology).Considering the never ending improvement of technology, this type of surgery is being used more by a day worldwide and has a potential to totally take over the field of surgery. However, as robotic surgery has its advantages, it also has its disadvantages. 1. History and Evolution of Robotic Surgery History of robots industry can be linked to ancient Greeks, which had some kind of concept that we call today robots, many years before Christ. However, first recorded designs†¦show more content†¦Improved dexterity provides the surgeon with instinctive operative controls that make complex MIS procedures feel more like open surgery than laparoscopic surgery. Improved access: surgeons perform complex surgical maneuvers through 1-cm ports, eliminating the need for large traumatic incisions (NJ urology). Another obvious advantage of robotic surgery is seen during the long surgeries, where surgeons as human beings can get tired in middle of procedure. However, with the help of robots even the longest surgery is achievable much easier. Finally, some would argue that robotic procedure is significantly more expensive and not worth it, however when everything is set and done, with the shorter recovery, the cost for the patient comes out pr etty much even. Dr. Michael Argenziano at New York Presbyterian Hospital said that on average, the robotic-assisted heart surgeries costs $2,000 more per operation, but in the end, the costs come out even because the patients recover sooner with the robotic procedure ( Brown ). There are several disadvantages of robotic surgery. To begin with, robotic surgery is a very new technology and is not totally proven. Robotic surgery is a new technology and its uses and efficacy have not yet been well established. To date, mostly studies of feasibility have been conducted, and almost no long-term follow up studies have been performedShow MoreRelatedRobotics in Surgery5226 Words   |  21 PagesRobotics in Surgery Snehal S. Mayekar Department of Biomedical Engineering, YTIET, Bhivpuri Road, Karjat. sm.little.snail@gmail.com Abstract-- Objective: Tracking the progress of new Robotic Surgery techniques, their limitations and future scope. Background: The field of robotics has the potentialRead MoreThe Impact Of Robotic Surgery On Surgery1561 Words   |  7 Pages Analysis of Impact on Robotic Surgery Sandral Carter Devry University Robotic Surgery is a type of minimally invasive surgery with the use of robots that surgeons control. (Background and History of Surgical Robotics, 2017) The goal of using robots in medicine is to provide improved diagnostic abilities, a less invasive and more comfortable experience for the patient, and the ability to do smaller and more precise interventions. Robotic surgery is increasing in popularity inRead MoreRobotic Surgery : Surgical Surgery1746 Words   |  7 PagesRobotic Surgery Robots are used in everyday life. They are in cars, our houses, and many places we do not care to notice, as they have become a necessity for daily living. Advancements have been made, that allow for robots to be used in surgery. Robotic surgery is relatively new to the medical industry and it is often underrated. Robotic surgery offers greater efficiency, and utility than that provided through traditional surgical methods. The most traditional and common way of performing surgeryRead MoreRobotic Surgery1375 Words   |  6 PagesRobotic Surgery The ethics of robotic surgery is a multi-faceted topic of debate with many different viewpoints all worthy of deeper exploration and consideration. Medicine is ever-changing due to major technological innovations and government regulations. With all these changing factors in medicine, the focus should always be to provide the best possible care for the end user, or the patients. Is robotic surgery the best way to provide for the end user? There are many concerns and questionsRead MoreRobotic Surgery1167 Words   |  5 Pagesyou haven’t heard about it before: robotic surgery. Today, I would like to inform you about the definition and the types of robotic surgery, their advantages and their disadvantages. let us start by introducing robotic surgery. Defined by Allrefer.com:  « Robotic surgery is a technique in which a surgeon performs surgery using a computer that remotely controls very small instruments attached to a robot ». () In his article, What are the types of robotic surgery?, Mike selvon explains about the Read MoreRobotic Surgery Essay example14445 Words   |  58 PagesRobotic Surgery HUM432: Technology, Society, and Culture April 15, 2012 Table of Contents Abstract – Page 3 Introduction– page 4 Description of Robotic Surgery page 5 Applications of Robotic Surgery – page 4 – 7 History of Robotic Surgery - – page 8 Robotic Surgery –- page 9 Advantages of Robot-Assisted Surgery – page 9, 10 Disadvantages of Robotic Surgery – page 11, 12 Political Influences – page 13 - 16 Legal Influences – page 16 – 20 Economic Questions/ Considerations –Read MoreA Report On Robotic Surgery1277 Words   |  6 PagesMain Message The main message is clear and compelling: Northwell Health is a leader in robotic surgery, which is a cutting-edge, precise and less invasive procedure. Through advanced robotics, Northwell is able to achieve the seemingly impossible †¢ You are given individual care from a team of people, and they are doing the almost impossible – NYC, 35-49 Group †¢ It’s about technology. Something called robotics. Advanced in the highest level – NYC, 35-49 Group †¢ It can do stuff beyond what a humanRead MoreRobotic Assisted Surgery16730 Words   |  67 PagesRobotic Assisted Surgery Research Project LAS 432 Professor Scott Maxon Team B Richard Field Melissa Cutrer Charles Engle Ryan Ferree Nada Dakroub Yarin Garcia Miralles Table of Contents Abstract†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦3 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....4-5 I. Description of the Technology (Melissa Cutrer)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦5-12 II. History of the Technology (Melissa Cutrer)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.12-17 III. Political and Legal Influences (Richard Field)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreRobotic Surgery Systems For Surgical Surgery Essay1155 Words   |  5 PagesRobotic Surgery stands for a machine to allow doctors to do different types of procedures with more accuracy and precision control than using the traditional techniques. The advanced robotic systems grant doctors greater control and vision during surgery, leaving them to execute safely and correct surgical procedures. Many systems consist of electromechanical devices to respond to the controls by the surgeon. The robotic surgery technology devices are similar to those used in the manufacturing companiesRead MoreRobotic Surgery Benefits Springfield Hospital1397 Words   |  6 Pages The world of robotics has dramatically expanded in the past hundred years, leading to increased explorations into whether robots are largely beneficial or detrimental to society. There are those who say robotics can be used to achieve the impossible, to perfect existing methods and narrow down the potential for risk, or to make life easier. On the other hand, there are plenty of cons that are a cause for concern when it comes to robots that are just now coming to the light, previously never having

Hollywood History - 5698 Words

May 2010 [pic] [pic] Foreword 1. The beginning of Hollywood 2. The name †Hollywood† 3. The movie of S. Porter - â€Å"the father of the Story Film† 4. The Hollywood sign 5. The growing film industry 6. The new Hollywood 7. The beginning of the Academy Awards 8. The Golden Age of Hollywood 9. Hollywood during the War Years 10. Stars Conclusion Bibliography Foreword I have always been fascinated by the Hollywood’s world, a world of mixture between reality and glittering fantasy, of beauty, glamour, art, a world in which any dream can come to reality. The word Hollywood conjures the outstanding images of Sunset Strip, Hollywood Boulevard, Cahuenga Boulevard, La Brea Avenue, of nightclubs, movie†¦show more content†¦The name...†Hollywood†! The name „Hollywood has its origin in a Easter summer, home to a Cahuenga Valley ranch. In the middle of a sun-drenched nowhere, a sober, God-fearing man and woman settled in to create a like-minded community. Harvey Henderson Wilcox of Kansas, who made a fortune in real estate even though he had lost the use of his legs due to typhoid fever, and his wife, Daeida, moved to Los Angeles from Topeka in 1883. In 1886, Wilcox bought 160 acres (0.6 km ²) of land in the countryside to the west of the city at the foothills, in the Cahuenga Valley at, what is now, Hollywood Blvd. and Cahuenga Ave. He thought it would be a perfect site for a community that would reflect his conservative beliefs, and he built his house smack in the middle of a fig orchard. Accounts of the name, Hollywood, coming from imported English holly then growing in the area are incorrect. The name in fact was coined by Daeida Wilcox (1861–1914) who travelled by train to her old home in the east. On the tr ain, Mrs. Wilcox met a woman who described her summer home in Ohio named after a settlement of Dutch immigrants from Zwolle called Hollywood†. Daeida was so elated with the name that she borrowed it for her ranch in the Cahuenga Valley; when she returned home she prevailed on her husband to name their property Hollywood. With that simple exchange, one of the most famous towns in theShow MoreRelated Hollywood History Essay505 Words   |  3 Pagesto turn back the hands of time and change or rewrite history. However, the truth of the matter is that we simply cannot. Everything happens for a reason, and we should learn to accept it. Accept it for what it is, rather than what we would like it to be. nbsp;nbsp;nbsp;nbsp;nbsp;However, to often in Hollywood the city of glamour and glitz, fortune and fame, movie producers have a tendency and even feel at liberty to rewrite American history. In my opinion this is all done out of greed. The movieRead MoreHistory Vs. Hollywood Essay528 Words   |  3 Pagesask why would directors and film makers leave out the facts of war and focus on the drama? After reading The Faces of Battle by John Keegan and reviewing war movies such as Saving Private Ryan, and Pearl Harbor, one can clearly see what makes the Hollywood version of war different from real life war. When you watch a movie about war you are given a plot to the movie, like in saving private Ryan the plot of the movie was to find a soldier named James Frances Ryan which takes place in Germany duringRead MoreHollywood vs History Essay942 Words   |  4 PagesHistory vs. Hollywood The Patriot The Revolutionary war, sparked by the colonists anger towards taxation without representation, was a conflict between the United States and its mother country Great Britain. This event had been considered the most significant event in the American history. It separated the thirteen colonies from the tyrannical ruling of King George. The revolutionary war was not a big war, The military conflict was, by the standards of later wars, a relatively modest one. BattleRead MoreHistory vs. Hollywood: Glory1633 Words   |  7 PagesGlory: Hollywood vs. History Glory is a movie about the 54th Massachusetts Infantry Regiment, one of the first official all black units in the United States during the Civil War. It’s an inspirational story of how a young Union soldier, Robert Gould Shaw, is offered the chance to lead an army unit that will change not only his life, but the lives of many other Americans. Glory does a great job of capturing many of the feelings towards the black soldiers during the Civil War. The film is based offRead More Hollywood vs. History: The Alamo Essay1557 Words   |  7 Pages Hollywood vs. History: The Alamo The Alamo was one of the most astounding and critical battles of our country. Its men were ruthless in their bravery and love of their country. Their mission for independence lives on in the hearts of all American’s today. Their legacy lives on forever and their courageous souls are still in the heart of the people of the lone star state. This is the story of bravery, love, tyranny, and liberty. This is the story of the Alamo The battle of the Alamo onlyRead MoreHow The Silver Screen Affects Women s Fashion Trends?1495 Words   |  6 PagesHow the Silver Screen Affects Women’s Fashion Trends? Today/Throughout History? Silver screen has the capacity to make not just a star of its leading women, but a fashion icon too. From Audrey Hepburn and Grace Kelly to Julia Roberts and Keira Knightley, via Mia Farrow and Catherine Deneuve, some of Hollywood s most successful stars owe a lot to their on-screen style. Moreover, during the 21st century, movies have been a powerful media in which to influence people’s style.   MoviesRead MoreHistory of the Hollywood Star System Essay1493 Words   |  6 PagesThe star system was a method of developing and advancing the popularity of Hollywood movie stars. The system, which began during the height of the Hollywood studio system era, emphasized the image of the actor instead on the actual acting. The movie studios profits were driven by the popularity of the stars that appeared in their films. According to Rocco, the stars had long term contracts with the movie studios that paid them a weekly salary, and the stars were identified with specifi c typesRead MoreWho Is Adam Levine?1403 Words   |  6 Pagesinducted into the Rock and Roll Hall of Fame is a huge honor. Music legends such as, Bob Marley, Tupac Shakur, and The Beatles have been inducted( â€Å"Inductee Explorer† ). These people will forever be remembered for the impact that they have had on the history of music. Adam Levine should be inducted into the rock and roll hall of fame because he has won many awards, he has influenced many people in a variety of different ways, and also because he donates to many important causes. Adam Levine hasRead MoreGangs of New York History vs. Hollywood1164 Words   |  5 Pagesabout the gangs or the riots, furthering the idea of the pointlessness of it. Historically speaking, the movie relates the United States history poorly. It has many accuracies historically, but the problems far outweigh them. First though, the accuracies. The movie depicts the Five Points in New York as being poor, pestilent, and ugly. This is true to history. The district was doomed to slumhood from the beginning. It was erected on the filled-in Collect Pond, which was 60 feet deep and coveredRead More Gangs of New York History vs. Hollywood Essay1120 Words   |  5 Pagesidea of the pointlessness of it. nbsp;nbsp;nbsp;nbsp;nbsp;Historically speaking, the movie relates the United States history poorly. It has many accuracies historically, but the problems far outweigh them. nbsp;nbsp;nbsp;nbsp;nbsp;First though, the accuracies. The movie depicts the Five Points in New York as being poor, pestilent, and ugly. This is true to history. The district was doomed to slumhood from the beginning. It was erected on the filled-in Collect Pond, which was 60 feet deep

Skidelsky Warwick Lecture Free Essays

In my third and fourth lectures examine the monetary and fiscal confusion which as reigned in the last five years -the experiments with ‘unorthodox monetary policy’ and the austerity drive in fiscal policy -as policy makers sought a path to recovery. In my fifth lecture 1 kick at the causes Of the crisis from the standpoint of the world monetary system. Finally, I ask the question: what should post-crash economics be like? What guidance should economics offer the policy-maker to prevent further calamities of the kind we have just experienced? What should students of economics be taught? In this lecture I will consider only those bits of pre-crash orthodoxy relevant to policy making, tit main emphasis being on UK developments. We will write a custom essay sample on Skidelsky Warwick Lecture or any similar topic only for you Order Now Theories of expectation formation played an overwhelming parting shaping the theory of macroeconomic policy; with changes in the way economists modeled expectations marking the different phases of theory. I will treat these in roughly chronological order, starting with the Keynesian theory. II. UNCERTAIN EXPECTATIONS Keynesian macro theory dominated policy from roughly 1945-1975. The minimum doctrine -not in Keynes, but in accepted versions of Keynesian theory -to justify policy intervention to stabilize economies is: SLIDE 1 1. Uncertain expectations, particularly important for investment, leaving investment to depend on ‘conventions’ and ‘animal spirits’. 2. Relative interest-inelastic of investment. 3. A) sticky nominal wages (unexplained) and b) sticky nominal interest rates (explained by liquidity preference). The first point suggested investment was subject to severe fluctuations; the last suggested there was a lack or weakness of spontaneous recovery mechanisms- ii the possibility of ;under-employment equilibrium’. This led to a prescription for macro-policy: to prevent or minimize fluctuations of investment demand. Point 2 in combination with b suggested primacy of fiscal over monetary policy for stabilization. SLIDE 2 ‘For Keynes, it was the tendency for the private sector, from time to time, to want to stop spending and to accumulate financial assets instead that lay behind the problems of slumps and unemployment. It could be checked by deficit spending’. (C J. Also and D. Makes (1985), in D. Morris (De. ) ‘The Economic System in the UK†, 374) ‘In the standard Keynesian economic model, when the economy is at less than full capacity, output is determined by demand; and the management of economic activity and hence employment is effected by managing demand’. (ibid, 370) Mention in passing, that there was a theoretical and social radicalism in Keynes obliterated in the standard postwar Keynesian model. For example, he thought insufficient demand was chronic and would get worse; and that, in consequence, the longer term survival of a free enterprise system depended on the redistribution of wealth and income and the reduction in hours of work. I will return to these points in my last lecture. Demand- management The government used fiscal policy (variations in taxes and spending) to maintain full employment, while keeping short term interest rates close to some ‘normal’ (or expected) level. Eel. Monetary policy was largely bypassed as a tool of demand-management. The government forecast real GAP for the following year by forecasting year on movement of its expenditure components: consumption, fixed capital formation, stock building spending, and net exports. Budget deficits then adjusted to maintain full employment. There was no explicit modeling of expectations, though attention was paid to the issue of ‘confidence’. The prevalent view was that the confidence of the cuisines community was best maintained by a commitment to full employment. It was different with the balance of payments. With sterling convertible into foreign currencies at a fixed exchange rate, governments also needed to retain confidence of non-resident holders of sterling, so the two requirements of confidence might pull in different directions. ‘Stop-Go’ was the result. Stop-Go not withstanding, fiscal activism proved highly successful, aided by the long post-war boom. The budget remained in surplus with current account revenues exceeding expenditure and with borrowing mostly stricter to finance public investment not covered by current-account surpluses. Chancellors from Crisps to Macmillan were even tempted to extend this-above-the-line surplus to an overall surplus by covering capital expenditure below the line from revenue yet this was not achieved 1 . Nonetheless, the public-sector borrowing requirement (ESP.) fell from an average of 7. 5% of GAP (1952-1959) to 6. 6% of GAP (1960-1969). The national debt-to-income ratio fell from 3:1 in 1950 to 0. 7:1 in 19702. Unemployment was consistently below 2. 5% and inflation was low. Ill. THE RISE AND FALL OF PHILLIPS CURVE KEYNESIAN The post-war problem turned out to be not unemployment but inflation. With full capacity utilization, whether generated by Keynesian policy or by benign world conditions, there was always going to be pressure on prices. So the attention of Keynesian policymakers was increasingly turned to fighting inflation, using both fiscal and monetary tools. In this they were also successful for a time. But from the late asses, inflation started to creep up; and the unemployment cost of restraining it started to rise: we enter the era of ‘stagflation’. The underlying theoretical question was: what caused inflation? Was it excess demand or ‘cost-push’? There was no single Keynesian answer to this question. Some Keynesian economists argued that labor market was like any other, with price being determined by the balance between supply and demand. A reduction in the demand for labor would lower its price. Deflation would slow the rise of nominal wages, and hence a rise in the general price level. The question of course was how much deflation would be needed for stable prices? This was not an easy case for Keynesian to argue. Given their belief in sticky nominal wages, the unemployment cost might prove very high. Most Keynesian economists were more comfortable with the ‘cost push’ theory of inflation: unions pushing up wages ahead of productivity. Prices rose because business managements raised them; managements raised prices because their costs had risen; costs rose owing to pay increases; and pay increased because otherwise unions would come out on strike. Higher unemployment would not stop them because most of the unemployed could not do the strikers’ jobs. In fact, cost-push could occur at levels well below full employment. Short of bringing back mass unemployment, deflating demand would not stop inflation. What was required was a compact with the unions to restrain pay push: incomes policies. Anti-inflation policy in the 1 sass and asses wobbled between fiscal and monetary measures to restrain demand and attempts to reach pay deals with the unions. The Keynesian were rescued from this dilemma by the econometric work Of A. W. Phillips. In 1 958, A. W. Phillips published a famous article which claimed to demonstrate a well-determined relationship between the unemployment rate and the rate of wage increases. The Phillips Curve implied that there was a stable trade-off between unemployment and inflation. The prize was price stability with a small increase in unemployment, way short of the depression. More generally, policy-makers were supposed to have a ‘menu of choice’ between different rates of inflation and unemployment. SLIDE 3. ORIGINAL PHILLIPS CURVE The Keynesian policy of demand-management unraveled with the attack on the Phillips Curve by Milton Friedman of Chicago University. In a single lecture in 1 968, he demolished Phillips Curve Keynesian and started the monetarist counter-revolution. Adaptive Expectations Friedman restated the pre-Keynesian idea that there was a unique equilibrium rate of unemployment which he called the ‘natural rate’. Inflation was caused by government attempts to reduce unemployment below the natural rate by increasing the amount of money in the economy. Friedman accepted that there was a trade-off between inflation and unemployment, but that it was temporary, and existed only because workers were fooled into accepting lower real wages than they wanted by not taking into account the rise in prices. But if government repeatedly resorted to monetary expansion (for example by running budget deficits) in order to educe unemployment below its ‘natural’ rate, this ‘money illusion’ would disappear and workers would put in increased wage demands to match the now expected rise in prices. In short, after a time workers developed inflationary expectations: they built the expected inflation into their wage bargaining. One could not use the Phillips Curve to control inflation in the long run since the Curve itself shifted due to the level of inflation rising. SLIDE 4. FRIEDMAN’S EXPECTATIONS AUGMENTED PHILLIPS CURVE SLIDE 5. One simple version of adaptive expectations is stated in the following equation, where pee is the next year’s rate of inflation that is currently expected; p-Eel is this year’s rate of inflation that was expected last year; and p is this year’s actual rate of inflation: where is between O and 1. This says that current expectations of future inflation reflect past expectations and an â€Å"error-adjustment† term, in which current expectations are raised (or lowered) according to the gap between actual inflation and previous expectations. This error-adjustment is also called â€Å"partial adjustment. † Friedman’s work had huge anti-Keynesian policy implications. The five main Ones Were: First, macro-policy can influence nominal, but not real variables: the price level, not the employment or output level. Second, Friedman re-stated the Quantity Theory of Money, the theory that prices (or nominal incomes) change proportionally with the quantity of money. Conversely, fiscal ‘fine tuning’ operates with ‘long and variable lags’: it is liable to land the economy in the wrong place at the wrong time. Consequently, such stabilization as was needed is much better done by monetary policy than fiscal policy. It lies within the power of the central bank, but not the Treasury, to keep nominal income stable. Provided the government kept money supply growing in line with productivity there would be no inflation, and economies would normally be at their ‘natural rate’ of unemployment. Third, Friedman argued that ‘inflation was always and only a monetary phenomenon’. It was the total money supply in the economy which determined the general price level; cost pressures were not independent sources of inflation; they had to be validated by an accommodating monetary policy to be able to get away with a mark-up based price determination strategy; Fourth, Friedman’s permanent income hypothesis -dating from the early 9505 -suggested that it is households’ average long-run income (permanent income) that is likely to determine total demand for consumer spending, rather than fluctuation in their current disposable income, as suggested by the Keynesian consumption function. The reason for this is that agents Want smooth consumption paths. This implied that the degree of self-stabilization of the economy was greater than Keynes suggested, and that consequently multipliers were smaller. Keynesian tried to fight the monetarist onslaught by strengthening Keynesian micro-foundations, especially of observed nominal rigidities. They plopped models with ;menu costs’, ‘insider-outsider’ labor markets, ‘asymmetric information’. These kept the door open for policy interventions to sustain aggregate demand. Nevertheless, Friedman’s impact on macro-policy was swift and decisive. SLIDE 6 ‘We used to think that you could spend your way out of a recession, and increase employment by cutting taxes and boosting Government spending. Tell you in all candor that that option no longer exists, and that in so far as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of employment as the next step’. Prime Minister James Callaghan (1976), Leader’s speech, Blackball ‘The conquest of inflation should be the objective of macroeconomic policy. And the creation Of conditions conducive to growth and employment should be the objective of microeconomic policy’. Chancellor of Exchequer Engel Lawson (1 984), Mass Lecture Discretionary demand-management was out; balanced budgets were back. The unemployment target was replaced by an inflation target. The ;natural’ rate of unemployment was to be lowered by supply-side policies, which included legislative curbs on trade unions. V. RATIONAL EXPECTATIONS AND THE NEW CLASSICAL ECONOMICS With rational expectations we enter the world of New Classical Economics. RE is the ‘radical wing of monetarism†¦ Est. known for the startling policy conclusion †¦ that macro-economic policies, both monetary and fiscal, are ineffective, even in the short-run’4. Rational expectations first appeared in the economic theory literature in a famous article by J. Mouth in 1961, but only filtered through to policy discussion in the early 1 sass with the work of Robert Lucas and Thomas Sergeant on business cycles, and Eugene Fame on financial markets. The Lucas critique Of adaptive expectations (1976) put paid to the idea Of an exploitable trade-off between employment and inflation. Friedman’s adaptive expectations rely on gradual adjustment of expectations to the experienced behavior of a variable. But our knowledge includes not just what we have experienced but current pronouncements of public authorities and theoretical knowledge of aggregate relationships. For example, the Minister of Finance announces that he will increase money supply by 10% a year to stimulate employment. STEM tells us that an increase in the money supply will ease prices proportionately. So it is rational to expect inflation to be a year. All nominal values -interest rates, wage rates- are instantly adjusted to the expected rate of inflation. There is not even a brief interval of higher employment. Friedman’s distinction between a Keynesian short run in which agents can be fooled and a Classical long run in which they know what to expect disappears. Adaptive behavior is a description of irrational behavior if agents know what to expect already. Notice though that in this example, rational expectations is defined as belief in the STEM. SLIDE 7 Expectations, since they are informed predictions of future events are essentially the same as the predictions of the relevant economic theory†¦ Expectations of firms (or more generally, the subjective probability distribution of outcomes) tend to be distributed for the same information set, about the prediction Of the theory (or the ‘objective’ probability distribution Of outcomes)’ (G. K Shaw (1 984), 56) Formally, the rational expectations hypothesis (ERE) says that agents optimally utilities all available information about the economy and policy to construct their expectations. As such, such they have ‘rational’ expectations. They are also rational in that they use their expectations to maximize their utility or profits. This does not imply that agents never make mistakes; agents may make mistakes on occasion. However, all that is there to be learnt has already been learnt, mistakes are assumed to be random, so that agents are correct on average. Agents learn the true value of parameters through repeated application of Bases’ theorem. Eel they turn their subjective bets into objective probability distributions. An equivalent statement is that agents â€Å"behave in says consistent with the models that predict how they will behave†6. Since the models contain all the available information, ii. They are rational expectations models, following the model minimizes the possibility of making expectation errors. At the core of the rational expectations hypothesis is the assumption that the model of the economy used by individuals in making their forecasts is the correct one -that is, that the economy behaves in a way predicted by the model. The math is simplified by the device of the Representative Agent, the sum of all agents, possessed of identical information and utility preferences. This micro-economic device means that the framework can be used to analyses the impact of policies on aggregate welfare, as welfare is the utility of the agents. The implication of the ERE is that outcomes will not differ systematically from what people expect them to be. If we take the price level, for instance, we can write: SLIDE 8 This says that the price level will only differ from the expectation if there is a surprise. So ex ante, the price anticipated is equal to the expectation. [E[P] is the rational expectation based on all information up to date; is the error ERM, which has an expected value of zero, and is independent of the expectation. With rational expectations the Phillips Curve is vertical in the short-run and in the long-run. SLIDE 9. THE SERGEANT-LUCAS PHILLIPS CURVE. With rational expectations, government action can affect real variables only by surprise. Otherwise they will be fully anticipated. This rules out any fiscal or monetary intervention designed to improve an existing equilibrium. More generally ‘any portion Of policy that is a response to publicly available information -such as the unemployment rate or the index of leading indicators -is irrelevant to the real economy’ 7. Policy can influence real variables only by using information not known to the public. The Efficient Market Hypothesis The application of rational expectations to financial markets is known as the â€Å"Efficient Market Hypothesis† (MME), made popular by Eugene Fame (1970, 1976). The MME postulates that shares are always correctly priced on average because they adjust instantaneously and accurately to any newly released information. In the words of Fame, â€Å"l take the market efficiency hypothesis to be the simple statement that security prices fully reflect all available information† 8. So prices can’t be wrong because if they were, someone would seek to profit from the error and correct it. It follows that according to the efficient market hypothesis, it is impossible to consistently achieve returns in excess of average market returns (beat the market). In an RE joke, two economists spot a $10 bill on the ground. One stoops to pick it up, whereupon the other interjects, ‘Don’t. If it were really $1 0, it wouldn’t be there anymore. † The efficient market hypothesis is the modern manifestation of Adam Smith’s ‘invisible hand’. Increased regulation can only aka markets less efficient because regulators have less information than those engaged in the market, risking their own money. There are different versions of the efficient market hypothesis. In its ‘weak’ form, investors make predictions about current prices only using historical information about past prices (like in adaptive expectations). In its ‘semi-strong’ form, investors take into account all publicly available information, including past-prices. (This is the most ‘accurate’ and the closest to rational expectations). In its ‘strong’ form, investors take into account all information that can possibly be known, including insider information. Rational expectations models rely heavily on math. Lucas defined expectations as the mean Of a distribution of a random variable. The greater the number of observations of a random variable, the more likely it is to have a bell shaped or Normal distribution. The mean of the distribution, in ordinary parlance the average of the observations, is called the Expectation of the distribution. In the bell-shaped distribution, it coincides with the peak of the bell. Those who are supposed to hold Rational Expectations (ii all of us) are assumed to know how the systematic parts of he model determine a price. We use that knowledge to generate our prediction. This will be correct except for random influences. We can assume that such random events will also adhere to the bell-shaped distribution and that their mean/expectation will be zero. Thus the systematic or deterministic prediction based on theory is always correct. Errors have zero expectation. The tendency of the MME, as is readily seen, is to rule out, or minimize, the possibility Of bubbles -and therefore crashes; more generally to rule out the possibility of crises being generated within the financial system: historically he most important source of crises. This being so, policy did not have to pay much attention to banks. Following the acceptance of the MME, the financial system was extensively De-regulated. Real Business cycle DOGS DOGS modeling takes root in New Classical macroeconomics, where the works of Lucas (1975), Jutland and Prescott (1982), and Long and Peoples (1983) were most prominent. The earlier DOGS models were pure real business cycle (RIB) models. ii models that attempted to explain business cycles in terms of real productivity or consumption shocks, abstracting from money. The logic behind RIB models is clear. If money cannot affect real variables, the source of any disturbance to the real economy must be non-monetary. If we are all modeled as having rational expectations, business fluctuations must be caused by ‘real’ and ‘unanticipated’ ‘shocks’. (Notice the use of word ‘shock’). These shocks make the economy dynamic and stochastic. Unemployment is explained in these models by rational adjustments by workers of their work/leisure trade off to shifts in productivity. This is a fancy way of saying that there is never any unemployment. As a result of continuously re-optimizing agents, economies in DOGS models re always in some form of equilibrium, whether in the short run or long run. The economy always starts from an equilibrium position, and even when there is a shock, it immediately jumps onto an equilibrium time path – the saddle path. So the economy never finds itself in a position of disequilibrium. SLIDE 10 ‘The model provides an example of an economy where real shocks drive output movements. Because the economy is Wallabies, the movements are the optimal response to the shocks. Thus, contrary to the conventional wisdom about macroeconomic fluctuations, here fluctuations do not reflect NY market failures, and government interventions to mitigate them can only reduce welfare. In short, the implication of real-business cycle models, in their strongest form, is that observed aggregate output movements represent the time-varying Parent optimum’. (Roomer (2011 ) â€Å"Advanced Macroeconomics†, 204) Translated into English: depressions are optimal; any attempt to mitigate them will only make things worse. Later came the New Keynesian who preserved the basic framework of the New Classical RIB/DOGS models, but added ‘market frictions’, like monopolistic competition and nominal rigidities, to make the models more applicable to the real world. Critiques: 1 . The fundamental criticism is that this whole class of New Classical models carries an intellectual theorem -that agents are rational optimizers – to an extreme and absurd conclusion. By postulating complete information and complete markets, ii. By abolishing Keynesian or Knighting uncertainty, they cut off enquiry into what might be rational behavior under uncertainty -such as ‘herd behavior’. They also exclude irrational expectations. Behavioral economics only really took off after the crisis. 2. The aim of New Classical economics was to unify macro and micro by giving macro-economic secure micro-foundations. Macroeconomic models should be based on optimization by firms and consumers. But New Classical models are not well grounded in micro-economics since their account of human behavior is seriously incomplete. 3. Ay defining rational as the mean of a random distribution, the New Classical models rule out as too exceptional to worry about ‘fat tails’ – that is extreme events with disproportionately large consequences. 4. The vast majority of DOGS models utilities log-landslides utility functions which eliminate the possibility of multiple equilibrium. 1 5. New Classical models have no place for money, and therefore for money hoarding, which depends on uncertainty. In pure DOGS models there is no financial sector. DOGS models depend on what Goodhearted calls the ‘transversally condition’, which says that â€Å"by the end of the day, or when the model stops, all agents shall have repaid all their debts, including all the interest owed, with certainty. In ot her words, when a person dies he/she has zero assets left’ 12. Defaults cannot happen. This is another kind of logical madness. How to cite Skidelsky Warwick Lecture, Papers

Night Walker free essay sample

In psychology from the University of Chicago and often writes about the African-American experience in his essays, which have appeared in such publications as the New York Times and has published the autobiographical Parallel Time: Growing Up in Black and White (19947) for which he won the Anisfield Wolff Book Award. Just Walk On By: A Black Man Ponder’s His Power to Alter Public Space 1MY FIRST VICTIM WAS A WOMAN-white, well dressed, probably in her early twenties. I came upon her late one evening on a deserted street in Hyde Park, a relatively affluent neigh-borhood in an otherwise mean, impoverished section of Chicago. As I swung onto the avenue behind her, there seemed to be a discreet, uninflammatory distance between us. Not so. 2She cast back a worried glance. To her, the youngish black man—a broad six feet two inches with a beard and billowing hair, both hands shoved into the pockets of a bulky military jacket—seemed menacingly close. We will write a custom essay sample on Night Walker or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page After a few more quick glimpses, she picked up her pace and was soon running in earnest. Within sec-onds she disappeared into a cross street. That was more than a decade ago. I was twenty-two years old, a graduate student newly arrived at the University of Chicago. It was in the echo of that terrified womans footfalls that I first began to know the unwieldy inher-itance Id come into—the ability to alter pub-lic space in ugly ways. It was clear that she thought herself the quarry of a mugger, a rapist, or worse. Suffering a bout of insom-nia, however, I was stalking sleep, not defenseless wayfarers. As a softy who is scarcely able to take a knife to a raw chicken—let alone hold it to a persons throat—I was surprised, embarrassed, and dismayed all at once. Her flight made me feel like an accomplice in tyranny. It also made it clear that I was indis-tinguishable from the muggers who occasion-ally seeped into the area from the surrounding ghetto. That first encounter, and those that followed, signified that a vast, unnerving gulf lay between nighttime pedestrians—particularly women—and me. And I soon gathered that being perceived as dangerous is a hazard in itself. I only needed to turn a corner into a dicey situation, or crowd some frightened, armed person in a foyer somewhere, or make an errant move after being pulled over by a policeman. Where fear and weapons meet—and they often do in urban America—there is always the possibility of death. 4In that first year, my first away from my hometown, I was to become thoroughly famil-iar with the language of fear. At dark, shadowy intersections in Chicago, I could cross in front of a car stopped at a traffic light and elicit the thunk, thunk, thunk, thunk of the driver—black, white, male, or female—hammering down the door locks. On less traveled streets after dark, I grew accustomed to but never comfortable with people who crossed to the other side of the street rather than pass me. Then there were the standard unpleasantries with police, doormen, bouncers, cab drivers, and others whose busi-ness it is to screen out troublesome individuals before there is any nastiness. 5I moved to New York nearly two years ago and I have remained an avid night walker. In central Manhattan, the near-constant crowd cover minimizes tense one-on-one street encounters. Elsewhere—visiting friends in SoHo,1 where sidewalks are narrow and tightly spaced buildings shut out the sky—things can get very taut indeed. 6Black men have a firm place in New York mugging literature. Norman Podhoretz2 in his famed (or infamous) 1963 essay, My Negro Problem—And Ours, recalls growing up in terror of black males; they were tougher than we were, more ruthless, he writes—and as an adult on the Upper West Side of Manhattan, he continues, he cannot constrain his nervousness when he meets black men on certain streets. Similarly, a decade later, the essayist and novel-ist Edward Hoagland extols a New York where once Negro bitterness bore down mainly on other Negroes. Where some see mere pan-handlers, Hoagland sees a mugger who is clearly screwing up his nerve to do more than just ask for money. But Hoagland has the New Yorkers quick-hunch posture for bro-ken-field maneuvering, and the bad guy swerves away. 7I often witness that hunch posture, from women after dark on the warrenlike streets of Brooklyn where I live. They seem to set their faces on neutral and, with their purse straps strung across their chests bandolier style, they forge ahead as though bracing themselves against being tackled. I understand, of course, that the danger they perceive is not a hallucination. Women are particularly vulnerable to street violence, and young black males are drastically overrepresented among the perpetrators of that violence. Yet these truths are no solace against the kind of alienation that comes of being ever the suspect, against being set apart, a fearsome entity with whom pedestrians avoid making eye contact. 8It is not altogether clear to me how I reached the ripe old age of twenty-two without being conscious of the lethality nighttime pedestrians attributed to me. Perhaps it was because in Chester, Pennsylvania, the small, angry industrial town where I came of age in the 1960s, I was scarcely noticeable against a back-drop of gang warfare, street knifings, and mur-ders. I grew up one of the good boys, had perhaps a half-dozen fist fights. In retrospect, my shyness of combat has clear sources. 9Many things go into the making of a young thug. One of those things is the consummation of the male romance with the power to intimi-date. An infant discovers that random flailings send the baby bottle flying out of the crib and crashing to the floor. Delighted, the joyful babe repeats those motions again and again, seeking to duplicate the feat. Just so, I recall the points at which some of my boyhood friends were finally seduced by the perception of themselves as tough guys. When a mark cowered and surrendered his money without resistance, myth and reality merged—and paid off. It is, after all, only manly to embrace the power to frighten and intimidate. We, as men, are not supposed to give an inch of our lane on the highway; we are to seize the fighters edge in work and in play and even in love; we are to be valiant in the face of hostile forces. 10Unfortunately, poor and powerless young men seem to take all this nonsense literally. As a boy, I saw countless tough guys locked away; I have since buried several, too. They were babies, really—a teenage cousin, a brother of twenty-two, a childhood friend in his mid-twenties—all gone down in episodes of bravado played out in the streets. I came to doubt the virtues of intimidation early on. I chose, per-haps even unconsciously, to remain a shadow— timid, but a survivor. 11The fearsomeness mistakenly attributed to me in public places often has a perilous flavor. The most frightening of these confusions occurred in the late 1970s and early 1980s when I worked as a journalist in Chicago. One day, rushing into the office of a magazine I was writing for with a deadline story in hand, I was mistaken for a burglar. The office manager called security and, with an ad hoc posse, pur-sued me through the labyrinthine halls, nearly to my editors door. I had no way of proving who I was. I could only move briskly toward the company of someone who knew me. 12Another time I was on assignment for a local paper and killing time before an inter-view. I entered a jewelry store on the citys affluent Near North Side. The proprietor excused herself and returned with an enormous red Doberman pinscher straining at the end of a leash. She stood, the dog extended toward me, silent to my questions, her eyes bulging nearly out of her head. I took a cursory look around, nodded, and bade her good night. Relatively speaking, however, I never fared as badly as another black male journalist. He went to nearby Waukegan, Illinois, a couple of sum-mers ago to work on a story about a murderer who was born there. Mistaking the reporter for the killer, police hauled him from his car at gunpoint and but for his press credentials would probably have tried to book him. Such episodes are not uncommon. Black men trade tales like this all the time. 13In My Negro Problem—And Ours, Podhoretz writes that the hatred he feels for blacks makes itself known to him through a variety of avenues—one being his discomfort with that special brand of paranoid touchi-ness to which he says blacks are prone. No doubt he is speaking here of black men. In time, I learned to smother the rage I felt at so often being taken for a criminal. Not to be so would surely have led to madness—via that spe-cial paranoid touchiness that so annoyed Podhoretz at the time he wrote the essay. I began to take precautions to make myself less threatening. I move about with care, partic-ularly late in the evening. I give a wide berth to nervous people on subway platforms during the wee hours, particularly when I have exchanged business clothes for jeans. If I happen to be entering a building behind some people who appear skittish, I may walk by, letting them clear the lobby before I return, so as not to seem to be following them. I have been calm and extremely congenial on those rare occasions when Ive been pulled over by the police. And on late-evening constitutionals along streets less traveled by, I employ what was proved to be an excellent tension-reducing measure: I whistle melodies from Beethoven and Vivaldi and the more popular classical composers. Even steely New Yorkers hunching toward nighttime destinations seem to relax, and occasionally they even join in the tune. Virtually everybody seems to sense that a mug-ger wouldnt be warbling bright, sunny selec-tions from Vivaldis Four Seasons. It is my equivalent of the cowbell that hikers wear when they know they are in bear country.

Creating an Information Technology System for Chin Bookmakers Essay Example

Creating an Information Technology System for Chin Bookmakers Essay Example Creating an Information Technology System for Chin Bookmakers Essay Creating an Information Technology System for Chin Bookmakers Essay Chin Bookmakers is a small independent bookmakers situated on Eden Hill Road in Peterlee. They currently have a small manual credit account for giving credit, on bets, to customers. At present Chin Bookmakers have approximately thirty customers to whom they give credit. They would like to extend the number of customers they presently give credit to but the system they use is time consuming and prone to error. At present amount of credit given to customers has to be checked manually by employees. This means checking backlogs to ensure previous credit has been repaid. The bookmakers would like a computerised system that will allow them to check customers credit allowance quickly and ensure that the information is correct and kept up to date. Also they would like the system to produce charts and graphs to give an overview of credit given and credit repaid on a monthly basis. The Current System An employee of Chin Bookmakers was interviewed to ascertain the exact procedure for entering logs into the credit book. The following was recorded. The customer places a bet in the usual way and asks for the bet to put on his credit account. The customer must then produce a Credit Account Card, which has printed on their name, date of birth, and an account number given by the bookmakers. It has also a small photograph of the customer and signature. The employee must then check last bet placed, on credit, in the credit accounts book. If the customer has adequate credit left on his/her account the entry is logged and the amount they owe is then updated. They then receive their normal betting slip along side credits receipt. If the customer wishes to repay credit they simply produce their Credit Account Card with payment and the amount owed will be again updated. All credit given by the bookmakers must be repaid within 30 days of the bet being placed. Failure to do so will result in the customers credit being stopped and normally placed bets will also be stopped until credit has been repaid. Once all of the customers outstanding credit has been fully repaid the customers credit rating will be restored. Source Document 1: Invoice Objectives of the New System The owner, Mr Chin, would like the new system to perform the following functions: * Allow data from the customer (Credit Account Number, bet placed and value) to be recorded quickly and accurately. * Calculate amount owed by the customer automatically. * Check credit status of the customer before the bet is placed. * Produce monthly charts and summaries over the past year. * New users must easily grasp the system. Data Flow Diagram (Level 1) Current System Performance Indicators The following performance indicators are to be used: 1. The new system should enter new credit accounts quickly and efficiently. 2. It should take no longer than 60 seconds to enter each bet on credit. 3. Customers account status should be validated automatically. 4. Customers account balance should be updated automatically, accordingly. 5. Credit receipts should be printed out automatically after each bet has been confirmed. 6. It must be impossible to accidentally erase formula, headings, etc. 7. The system must easy to grasp for new employees. Hardware and Software Chin Bookmakers has a Pentium 333MHz PC with 32Mb of RAM and 3 GB hard disk. It currently has Windows 98 and Office 97 installed on this machine. A laser printer is used for receipts and hard copies. Development of the new system will be carried out mainly at a college network and partly on a standalone home PC similar to the one above. All files will need to fit on a 31/2 floppy disk for easy transportation between college and home. (They may need to be compressed). The college network stations are 600MHz Pentium PCs with 124Mb of RAM attached to a laser printer. There are user areas on hard disk, so students have the option of saving here or on to floppy disk. Users Skill Level Users of the system will include Mr Chin, the owner, and his three employees who receive the bets. Mr Chin is computer literate but may need to be shown how to use the new system. The employees of Chin Bookmakers already use excel to process the current cash in hand bets and should have no problem adjusting to the new system. Design Choice of Software This system will be implemented using Excel 97. This package is ideal as it includes many features which can be used in customising the application, such as: * Sophisticated report facilities with the ability to format text, set margins and page layout, import a company logo if desired and preview before printing. * Ability to protect worksheets and workbooks so that the user cannot accidentally destroy formulae or headings. * Formatting to help make it clear to the user where to enter data. * Macros to perform various automated functions. * Customised menus and toolbars. * Auditing tools to ensure that there are no errors in the workbook. Worksheet Design System Overview The system will be based around one workbook containing a database of customers with credit, one worksheet for adding new customers and a worksheet each for taking out and paying back credit into their accounts. The system will also automatically tell the user if the customer in question has adequate credit in his/her account, if not the user will be prompted with an error message. A level 2 data flow diagram of the system is shown below Detailed Design The Credit Book workbook. This will be the only workbook and will contain; * Menu * Customer Database * place bet and paying in sheets. Sheet1 Menu This sheet will act as the front end and will be selected automatically using an Autoexec macro when the workbook is loaded. It will have 5 options as follows. CHIN BOOKMAKERS Ltd Sheet2 Customer Database This is where all the customers will be kept on the system. It will include details about the customers and will laid out as follows. Information here will automatically be updated by other sheets in the work book. All cells will be protected to ensure information is not tampered with or so that cells and formulae are not accidentally erased.The sheet will be protected by a password known only to authorised employees. Sheet3 Place Bet This sheet is required to debit a customers account. The customers account no. is placed in the space provided and their details are automatically displayed. All cells are locked apart from the account no. section and bet amount section which are the only cells from which data is inputted. There is one command button: 1. Clear Form This will clear the form ready for the next ( Macro Clear Form) Sheet4 Credit Account This sheet will be used to pay cash into a customers account after they have ran out of credit or wish to top up their account. Again the customers account no. is entered and details are brought up from the customer table. All cells are locked apart from account no. and amount paying in. There are two command buttons: 1. Clear Form This will clear the form ready for the next ( Macro Clear Form) Macros The following macros will be used: Add New Customer Select Credit Book worksheet Unprotect Credit Book sheet Find END OF TABLE Insert a new line above END OF TABLE Select first cell above END OF TABLE Display customer name box Display customer d.o.b. box Display customer address box Display customer telephone box Display customer credit limit box Copy formula from cell H9 Find END OF TABLE Move 1 row up, six cells across and paste formula Copy formula from cell I9 Find END OF TABLE Move 1 row up, seven cells across and paste formula Find END OF TABLE Move up 1 row, add 1 to value already in cell Protect Credit Book sheet Unprotect sheet Unprotect active worksheet Protect sheet Protect active worksheet Clear Form Select cell G10 and clear contents Select cell G22 and clear contents Select cell G10Go to main menu Go To Place credit bet Select place credit bet worksheet Go to Paying in Select Paying In Worksheet Go to Credit book Go to Credit book worksheet Security All worksheets will be protected to prevent accidental alterations. However only the Credit Book will have a password attached as data should never be directly changed into the Credit Book. Other sheets will be easily unprotected. Test Strategy The Test Strategy will include: Unit testing to test each macro under different circumstances Systematically testing all menu buttons and functions Testing the effects of entering invalid and extreme data Mock entry of customer being added and placing bet End-User testing to establish whether system meets End-Users requirements Test Plan The following tests will be performed 1. Open program and test that main menu pops up first 2. Add a new customer into the Credit Book and ensure that formulas are correctly copied and that account numbers are automatically generated 3. Test go back to main menu button from credit book 4. Test placing a bet with the new customer and check bet has been added to the total amount owing 5. Test customer making payment and make sure amount owing has been subtracted correctly 6. Test exit button Test Data and Expected Outcomes Test 1 No test data Expect main menu to appear. Test 2 Michael Charlton, 08-2-84, 25 Pickard Close, Peterlee, SR8 5LZ, 0191 5862456, à ¯Ã‚ ¿Ã‚ ½200.00 Expect above data to be recorded into appropriate columns. Test 3 No test data Expect main menu to appear. Test 4 à ¯Ã‚ ¿Ã‚ ½50.00 Expect customers amount owing to change to à ¯Ã‚ ¿Ã‚ ½50.00 and customers credit left to change to à ¯Ã‚ ¿Ã‚ ½150.00. Test 5 à ¯Ã‚ ¿Ã‚ ½25.00 Expect customers amount owing to change to à ¯Ã‚ ¿Ã‚ ½25.00 and customers credit left to change to à ¯Ã‚ ¿Ã‚ ½175.00. Test 6 No test data Expect program to exit. Schedule of Activities Week Task Home/College Comment Find out users current system and establish requirements by interview, establish user skills, software and hardware. Home Analyses write up. College Design workbooks and data flow diagram. College Create menu and worksheet (for entering invoices not macros) prototype and show user. Home Continue writing up design section, including front-end menu, test plan, validation of data and macros. Home and College Implement the system. Home Test system; attempt installing on users PC. Home Get user to try out system to get feedback make, final modifications. College Write up technical manuals for user. Home Write Evaluation, finish all documentation, but a folder and hand in. College Implementation and Testing Commentary on Implementation Choice of project Mr Chin (the owner of Chin BookMakers) Suggested that they need a new system to keep track of credit bets and record customers details accurately. Since Mr Chin owned a computer in store I offered to devise a new system for him. I explained that it was for my AS Level project and he agreed to let me construct the new system. The project seemed adequate and should be completed within the allotted time. Initial Design Decisions My first decision was to create a large customer database to hold 100 customers. I asked Mr Chin about this and he said he wasnt sure how many customers he was planning to give credit to. I then decided to use an end of table line to add new rows as they were needed. I also decided to create an add new customer worksheet but thought it more convenient to scrap this and create a macro with the command button situated in the credit book work sheet. Final Design My final design is as shown in the design section, The adding of new customers is very simple with pop up boxes asking for all the information needed. It is a step by step process and any new user should be able to use it. Commentary on Testing Test 3 Test 4 Test 5 Test 6 Program successfully exited. Evaluation Looking back at the objectives and performance indicators the following have been achieved: 1. Trials showed that it took the user about 30 seconds to enter each new customer well within the 60 seconds allocated. 2. User Manual Introduction Installation Backups Adding a customer Placing a bet Paying in Exiting the Application Technical Manual Installing the System Macros 4 20 Michael Charlton

15 Positions and Their Variations

15 Positions and Their Variations 15 Positions and Their Variations 15 Positions and Their Variations By Mark Nichol Position, as a verb meaning â€Å"set† or â€Å"place† and as a noun referring to the attitude or location in which something is set or placed, is derived from the Latin verb ponere, as are a number of terms using that word as a base to form new meanings revealed more or less transparently by their prefixes. A list of these verbs and nouns, as well as a few related adjectives, plus simple definitions and their literal meanings for each word, are included here. appose: put near (â€Å"set near†) apposite: appropriate, well placed (â€Å"set near†) apposition: noun or noun phrases with the same meaning set adjacent to each other, or that relationship; also, proximity, or the deposition of layers (â€Å"something set near†) compose: create (â€Å"set with†) composer: a creator (â€Å"one who sets with†) composite: made of different parts (â€Å"set with†) composition: a creation (â€Å"something set with†) decompose: disintegrate (â€Å"removing something from being set with†) decomposition: disintegration (â€Å"something removed from being set with†) depose and deposit: put down (â€Å"remove from being set†) deposit and deposition: something put down (â€Å"something removed from being set†) dispose: put away (â€Å"set away†) disposal and disposition: the act of putting something away; disposition also refers to an attitude, mood, or tendency (â€Å"something set away†) expose: show (â€Å"set out†) exposition: something shown (â€Å"something set out†) expository: shown (set out†) impose: place pressure on someone (â€Å"set on†) imposition: pressure placed on someone (â€Å"something set on†) interpose: interrupt or place between (â€Å"set between†) interposition: interruption or placement between (â€Å"something set between†) juxtapose: place together for comparison (â€Å"set beside†) juxtaposition: placement together for comparison (â€Å"something set beside†) oppose: disagree (â€Å"set against†) opposite: against (â€Å"set against†) opposition: disagreement (â€Å"something set against†) presuppose: assume or require something is true, exists, or will happen (â€Å"set on before†) presupposition: an assumption that something is true, exists, or will happen (â€Å"something set on before†) propose and proposition: suggest (â€Å"set forth†) proposal and proposition: a suggestion (â€Å"something set forth†) superimpose: place on top of something else (â€Å"set over†) superimposition: something placed on top of something else (â€Å"something set over†) superpose: same as superimpose, but with an additional sense of placing geometric figures congruently atop each other suppose: assume (â€Å"set under†) supposition: assumption (â€Å"something set under†) suppository: medicine placed in the rectum or vagina (â€Å"something set under†) transpose: move away (â€Å"set across†) transposition: movement away (â€Å"something set across†) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:60 Synonyms for â€Å"Walk†Does "Mr" Take a Period?How to Treat Names of Groups and Organizations

Managing Project Assignment Example | Topics and Well Written Essays - 3000 words

Managing Project - Assignment Example EFT = EST + Duration Time duration in the project has been calculated in a in a forward pass model and backward pass movement cannot be used in this because there is no deadline mentioned in the project. In a forward pass model, the project manager has calculated earliest time at which each work node could be reached. Burke (2003) defined Float time quantitative measure of work activity‘s flexibility or the measure of the slack period at which a particular work activity can be delayed without extending the completion date of the project. The project manager has used the following formulae to calculate the float time; Float Time= LFT  Ã¢â‚¬â€œEST - Duration........Equation-1 (Field and Keller, 2007) Equation-1 has been used to calculate the float time. Total float time has been calculated as 29 days and due to sufficient amount of float time, the completion date of the project will not be delayed if any particular activity gets delayed. Calculation of the float time has been s hown in the appendix 1. 3. Critical Path Field and Keller (2007) defined critical path as being the longest route joining the earliest activity in the project and last activity. Critical path of the project has been calculated assuming zero float time in order to measure minimum possible time required to complete the project. Critical path for the project= A, B, C, F, G, K, L, M, N, O, Q and R and the path has been showed through bold line in the network diagram. Activities in the critical path cannot delayed due to presence of zero float time hence delaying of any of the above mentioned activity will delay the overall completion time of the project. Project duration can be calculated by summing up the time duration of all the critical activities. Therefore, minimum possible time for completing the project would be 50 days. 4. Earliest Days for Project Completion The project starts on the Monday 15th July 2013 and the project team will work for 5days a week and there will not be any other holidays. From the result above, the minimum time to complete this project is 50 days. We can apply project management software to calculate completing day. If the project starts on the Calculation of the project completion time can be done in the following manner; Month Date Day Project Status Duration July 15/7/2013 Monday Start 1days July 31/7/2013 Wednesday Task A and Task B completed 13days August 1/8/2013 Thursday Task A, Task B and Task C completed 14 days August 15/8/2013 Thursday Task A, Task B, Task C and Task F completed 24 days August 31/8/2013 Saturday Task A, Task B, Task C, Task F, Task G, Task K and Task L completed 35 days September 1/9/2013 Sunday Same N/A September 15/9/2013 Sunday Task A, Task B, Task C, Task F, Task G, Task K, Task L, Task M, Task N and Task O completed 45 days September 20/9/2013 Wednesday Completion of the project 50 days The project will be completed on 20/9/2013 (Friday) and the project will take exactly 50 days to complete. The time duration for the project has been calculated by following the calendar of 2013 (appendix 3). 5. A- Activity E is delayed 1 day Total float time for activity E is 2 days and activity E doesn’t lie in the critical path hence delaying activity E will not affect the completion time of the project (check appendix 1). However, due to delay in activity E, the company has to bear more cost (fixed cost + variable cost) to complete the

Is there a legitimacy of IMF duties and did IMF fulfill its promises Essay

Is there a legitimacy of IMF duties and did IMF fulfill its promises - Essay Example The fund was also charged with the responsibility of availing its resources to member states facing hardships in their balance of payments, and lessening as well as shortening the degree of imbalance in the global balance of payments to its member states (Soros, 2002: pp 116). The IMF has contributed to positive change in numerous member countries since its establishment. At its inception, it undertook the daunting task of restoring economic growth and stability, especially after the world war, and the aftermath of the great global depression. The IMF adopted a simple working principle that all countries share some fundamental economic goals; that include achievement of high income and employment levels, and that countries can achieve these goals by adopting solid macroeconomic policies, collaborating to make international monetary systems work efficiently and making their economies accessible to trade (Camdessus, 1998). It has not been easy for IMF since the global economy has had its successes and challenges, especially during the fund's initial years. For all the countries that adopted the IMF principles, their employment rates rose, their national incomes grew, and their trade expanded immensely, ushering in almost fifty years of global prosperity. The global economy is much more com... Also, there are now various exchange rate arrangements which have replaced the initial fixed exchange rate system, with IMF member states increasing from just forty in 1947 to 182 currently (Camdessus, 1998). During these developments, the fund has also had to change and develop itself in order to remain relevant and address the changing needs and demands. The fund now temporarily provides and advices members undergoing wide ranging circumstances and problems. The fund has also expanded its scope to incorporate other elements contributing to stability in the financial systems and economic growth. The fund now advocates for its members deregulating their domestic economies to boost private sector activities. Moreover, it has called for the member governments to reduce unfruitful government spending, spend more on basic human needs, ensure accountability in corporate and government affairs and a more efficient dialogue on economic policies with the civil society and labor (Camdessus, 1998). The IMF has helped its members in dealing with various problems and issues that were not anticipated at the institution's establishment. For instance, the fund helped in creating a mechanism to recycle the surpluses of oil exporters and helped in financing oil-related deficits in some countries during the 1970s energy crisis. In the 1980s, the fund helped the Latin American countries in overcoming a debt crisis (Camdessus, 1998). In 1989, IMF helped in designing and financing substantial global efforts required to help the 26 transition countries of Eastern Europe and the former USSR to abandon the legacy of centralized planning. Between 1994 and 1995, IMF helped Mexico out

Comparing After Apple-picking to Apples Essay -- comparison compare co

Poetry is an attempt to describe the nature and intensity of one's feelings and opinions. Often, however, these thoughts are too vague or complex to articulate. How does a poet translate these abstract ideas into something more tangible and workable? Simple, metaphorical objects and situations can be used to represent more elusive concepts. These can be interpreted in many different ways, however, and poets often use the same symbols to produce varying effects. By comparing "After Apple-picking," by Robert Frost and "Apples," by Laurie Lee one can see how the poets coincidentally use similar subjects to discuss a broader, more meaningful issue. Both Frost and Lee use the apples in their poems to illustrate the relationship between man and nature, and to emphasize the importance of allowing natural processes to occur without interference. In addition to the use of simplified symbols, the tone of each poem and the styles in which they are written also reflect the poets' views on the to pic.   Ã‚     Frost and Lee both discuss mankind's interaction with the environment, using the apple to represent nature as a whole. Each poet achieves this differently. Frost focuses on the negative effects that occur when man disturbs nature and attempts to control it for his own gain. His poem speaks of the winter, and of an apple-picker, with his 'ladder sticking through a tree.' The narrator faces with the consequences of his actions, and realizes the severity of his mistake. 'I cannot rub the strangeness from my sight I got from looking through a pane of glass I skimmed from the drinking trough.' Frost demonstrates how quickly and harshly the cold seems to come on after the apples are unnaturally stripped away. This reflects the way the Earth ... ...h "Apples" is written reflects the empathy which connects Lee with nature. Both poets reflect their views by creating appropriate tones in their poems.   Ã‚  Ã‚   Frost and Lee illustrate the intended messages in their poems through the use of reflective tones and styles. They also use the simple symbol of the apple to represent nature on a larger scale. This allows the poets to illustrate the importance of maintaining a respect for nature and to demonstrate the effects of man's relationship with the environment. By examining Frost's "After Apple-picking" and Lee's "Apples," one is able to understand how poets often use the same subject to discuss different aspects of an issue. This is a valuable skill for communication of complex or nondescript ideas. It allows the poet to overcome the difficulty of describing the nature and intensity of his own abstract feelings.

Marketing Strategy of Groupon: Case Study

Marketing Case Study about Groupon. com Groupon: Finding Strength in Numbers Case Study 14. 1 talks about the new internet coupon sensation: Groupon. Groupon was recently discovered in Chicago to gain exposure to new businesses through discounted membership deals and has been on the rise ever since. This particular case study attempts to elaborate on the success of Groupon and how it works. The e-coupon was designed to help business owners appeal to new prospective consumers by advertising group discounts on products and services. So far, the website advertises business in 45 major U.S Cities and has over 2 million subscribers. There are a range of businesses that are advertised on the website. You can find discounts on spa packages, concert tickets, dinner and dessert specials, and more. The way it works is, the business owner makes a deal with the website by offering a discount on a product or service and tells how much they are willing to accept for it and the amount they’r e willing to give away. Then, Groupon advertises the offer for a limited time and receives a finder’s fee once consumers purchase the deals.The business has full control over the minimum and maximum number of deals they’re willing to offer. If the deal doesn’t appeal to consumers then there is no financial loss to the business owner. The intention of the business owner is not to gain a lot of profit from the deals made; rather the intent is to drive traffic to the business once the deal is over. Moreover, the benefit of Groupon to the producer comes after the deal is over and the benefit of Groupon for the consumer comes while the deal is still going on.Questions for Critical Thinking 1. Coupons are a tried-and-true promotion method, and the Internet includes other couponing sites. How does Groupon differentiate itself? Groupon differs from other couponing sites in the sense of the approach taken to advertise the businesses featured on it’s site. The crea tors of this e-coupon site have taken into consideration that people are enjoying many products and services in a group setting. Events such as concerts, plays, and dinners usually aren’t partaken in alone It’s very beneficial to the onsumer to find and purchase discounts for these products for not only themselves, but for friends and family as well. Many other coupon sites only allow access to one coupon per person, but Groupon makes it easy and convenient for one person to obtain multiple coupons for multiple people. 2. Groupon’s business strategy harnesses what it calls â€Å"collective buying power. † What facets of the marketing environment have enabled a business like Groupon to emerge and become uccessful? The new age technology and ability to advertise via the web definitely plays a major role in the success of Groupon. Many businesses do their marketing on the internet and consumers are doing a lot of buying on the internet as well. This opens th e door for many websites like Groupon to act as the middleman for sellers and buyers. Also, with a large number of businesses advertising online, it makes it easier for Groupon to compare prices and negotiate unbeatable deals.

Management and Change, Bill Gates Essay example - 1980 Words

Management and Change, Bill Gates William (Bill) H. Gates is chairman and chief software architect of Microsoft Corporation, the worldwide leader in software, services and Internet technologies for personal and business computing. Microsoft had revenues of US$32.19 billion for the fiscal year ending June 2002, and employs more than 50,000 people in 72 countries and regions. Born on Oct. 28, 1955, Gates grew up in Seattle with his two sisters. Their father, William H. Gates II, is a Seattle attorney. Their late mother, Mary Gates, was a schoolteacher, University of Washington regent, and chairwoman of United Way International. The birth of Microsoft A. The idea In December of 1974, his†¦show more content†¦The code for the program was left mostly up to Bill Gates while Paul Allen began working on a way to simulate the Altair with the schools PDP-10. When they both felt their program was ready. Allen was to fly to MITS and show off their creation. The day after Allen arrived at MITS, it was time to test their BASIC. Entering the program into the companys Altair was the first time Allen had ever touched one. If the Altair simulation he designed or any of Gatess code was faulty, the demonstration would most likely have ended in failure. B. The start In the Spring of 1968, the Lakeside prep school decided that it should acquaint the student body with the world of computers [Teamgates.com, 9/29/96]. Computers were still too large and costly for the school to purchase its own. Instead, the school had a fund raiser. A few thousand dollars were raised which the school figured would buy more than enough time to last into the next school year. In 1968, Computer Center Corporation opened for business in Seattle. It was offering computing time at good rates, and one of the chief programmers working for the corporation had a child attending Lakeside. 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