Finance Essay Example | Topics and Well Written Essays - 1500 words - 1

Finance - Essay Example investment in diversified portfolio like equity, bond, preference share, different securities etc in domestic as well as international stock market. A number of companies are attached with this investment process where the finance managers and the fund managers of the investment companies are responsible for the whole process of investment by taking into consideration the associated risk factor (Kimmel, 2008 p.145). Risk and Return In case of investment, risk is associated with the financial operation and transaction of securities and stocks (Correia, 2007 p.111). So, the risk of the financial operation is determined by calculating the difference between the expected return and the actual return of the stocks. On the other hand the return on the investment designates the total earnings of the investment. Here the return of the investment may be positive or negative. Rate of return is the fundamental expectation of the investors. If the portfolio manager decides to invest in the euro denominated bonds, the return on investment would be around 11.5%, whereas, the US denominated bonds would provide a return of around 9.9%. Thus there would be a difference in return when comparing these two bonds. Therefore, the portfolio manager should aim at maximizing the portfolio returns (wealth maximisation) by making the entire foreign bond allocation in euro denominated bonds, to fetch more returns for his investment. Frequent changes in the economic condition and currency value of US affects the US bonds. So, euro bonds hold a strong position than US bonds. Portfolio managers should also take into consideration that higher returns are associated with higher risks. However, the European currency in comparison to the US currency is quite stable in nature. Therefore, the euro-denominated bonds do not get much affected by the volatility in the market (Kieso, 2010 p.169). Portfolio Theory The main theme of the portfolio theory is to minimise the risk by allocating the financial securities into different portfolio i.e. by diversifying the portfolio. This theory is introduced by Harry Markowitz in 1952 to maximise the wealth of the investor by mitigating the risk. Hedging strategy is a part of portfolio theory and it involves with the reduction of risk of the investments domestically as well as international markets. But companies can invest in appropriate proportions in different stocks by framing proper hedging strategy. Mainly, there are two types of hedging strategies followed by the corporate sectors like financial hedging and operational heading. The financial heading strategy is mainly applied in the derivative instruments, foreign currency borrowings and loan related matters. However, operational hedging is applicable in the cases where investment is diversified internationally. Most of the investment companies invest in different countries to control the foreign exchange market and to maximise the return from investment. This is also a part of the portfolio strategy. Thus investing in a portfolio reduces the risk of investment as compared to the risk involved in 100% investment on a certain stock.

The Effects of Child Sexual Abuse Research Paper

The Effects of Child Sexual Abuse - Research Paper Example The National Center for Victims of Crime state that sexual abuse can include speaking sexual dialogue to a child, touching their genitals in any way, watching a child when they are naked (voyeurism), rape, including oral or other types of rape, and forcing a child to do sexual acts for performance in pornography or prostitution.This broad definition of sexual abuse gives a better understanding of how children are often exploited without anyone knowing.There is no specific type of person who becomes a child abuser. They can be men and women (though women do not abuse children as often as men), they can be any age, and usually, the perpetrator is in a position of trust (The National Center for Victims of Crime). Some children are victims of incest, which means that someone in their family is either related by blood or the two people have an emotional connection (The National Center for Victims of Crime). Crime statistics show that about 14% of men, who currently are in prison, are chil d sexual abuses. In addition, about 36% of women were abused as children. Child Help also states that 59% of children who have been sexually abused were more likely to be arrested when they are a teenager, 28% more apt to be arrested when they are adults, and they are 30% more likely to commit a violent crime. Children are also more likely to have a sexually transmitted disease as they grow older, and if they have parents who are also alcoholics, they may be more prone to being abused than if the parents do not use alcohol or drugs.

Finance Essay Example | Topics and Well Written Essays - 1500 words - 1

Finance - Essay Example investment in diversified portfolio like equity, bond, preference share, different securities etc in domestic as well as international stock market. A number of companies are attached with this investment process where the finance managers and the fund managers of the investment companies are responsible for the whole process of investment by taking into consideration the associated risk factor (Kimmel, 2008 p.145). Risk and Return In case of investment, risk is associated with the financial operation and transaction of securities and stocks (Correia, 2007 p.111). So, the risk of the financial operation is determined by calculating the difference between the expected return and the actual return of the stocks. On the other hand the return on the investment designates the total earnings of the investment. Here the return of the investment may be positive or negative. Rate of return is the fundamental expectation of the investors. If the portfolio manager decides to invest in the euro denominated bonds, the return on investment would be around 11.5%, whereas, the US denominated bonds would provide a return of around 9.9%. Thus there would be a difference in return when comparing these two bonds. Therefore, the portfolio manager should aim at maximizing the portfolio returns (wealth maximisation) by making the entire foreign bond allocation in euro denominated bonds, to fetch more returns for his investment. Frequent changes in the economic condition and currency value of US affects the US bonds. So, euro bonds hold a strong position than US bonds. Portfolio managers should also take into consideration that higher returns are associated with higher risks. However, the European currency in comparison to the US currency is quite stable in nature. Therefore, the euro-denominated bonds do not get much affected by the volatility in the market (Kieso, 2010 p.169). Portfolio Theory The main theme of the portfolio theory is to minimise the risk by allocating the financial securities into different portfolio i.e. by diversifying the portfolio. This theory is introduced by Harry Markowitz in 1952 to maximise the wealth of the investor by mitigating the risk. Hedging strategy is a part of portfolio theory and it involves with the reduction of risk of the investments domestically as well as international markets. But companies can invest in appropriate proportions in different stocks by framing proper hedging strategy. Mainly, there are two types of hedging strategies followed by the corporate sectors like financial hedging and operational heading. The financial heading strategy is mainly applied in the derivative instruments, foreign currency borrowings and loan related matters. However, operational hedging is applicable in the cases where investment is diversified internationally. Most of the investment companies invest in different countries to control the foreign exchange market and to maximise the return from investment. This is also a part of the portfolio strategy. Thus investing in a portfolio reduces the risk of investment as compared to the risk involved in 100% investment on a certain stock.

The Simpsons coursework Essay Example for Free

The Simpsons coursework Essay The Simpsons is an animated, American sitcom. It makes fun of the average American family and the American way of life. In the opening sequence we see twelve separate places. There is an aerial view from the clouds descending into a long shot of town along the road to the school: then a medium shot zooms into the classroom, then we cut to the nuclear plant where we first see Homer in a medium shot. There is a cut to the supermarket where Marge and Maggie are, then to the music room where Lisa is. We cut to Homer in his car driving, and see Bart on his skateboard in the street, as the angle of the car move around the car then follows Bart. We cut to Maggie imitating Marge as shes driving. All the family, one by one, finally get home then rush to the couch. The main difference between the opening and closing shots is that the family are in different places within the town but in the closing shot they are together, which, in my opinion is quite typical of a family since they each lead different lives but in the end they are one. Throughout the title sequence the music is firstly slow and heavenly then as we descend from the clouds as if we are gathering speed the music becomes lively, upbeat, jazzy and discordant like the family they argue but always come back together. It is also fast moving, just like the scenes-which are sometimes joined and flowing. Springfield is a small town where everyone knows everyone. It has everyday places that you need to live. It is a busy normal town with people walking along the street. We see Bart on his skateboard, Chief Wiggum shouting at Bart, Barney standing by and some children from Bart and Lisas school playing. In the title sequence we learn that Bart is the bad child and a daredevil because he was writing lines on the board and dodging people through the street. Lisa is an independent person because she was playing her saxophone differently from the class. Homer is careless and clumsy because he gets a radioactive crystal stuck in his clothes and throws it out his car window when he was driving. Marge likes to have a routine and Maggie is a quick learner because she was copying her mother when she was driving. The cartoon genre allows The Simpsons to break the rules because anyone who is from the past, present or future, dead or alive, real or imaginary can make an appearance i. e. Elvis, God and George Washington all have made guest appearances. The Simpsons will never get old i. e. Maggie is an eternal baby, Marge will never get grey hairs it will always be blue and Bart will always be 10 years old. As a family The Simpsons love each other and they have their own different personalities that they have to get along with although they may have. When a situation causes the family to look at themselves; they reflect on what has happened and sometimes learn from it and use it in their daily lives. We know they are a family (since everyone looks similar) because they go into the same house and though out the title sequence we follow one of family. Also the sitcom is about and named after the family. The colour uses in the sitcom are bright, vivid, and intense which will attract children of a young age or a short attention span. The speed also adds to the vibrant effect on the colour because we are cutting all the time so the colours are quick and stunning. In each episode the words, which Bart is writing changes and hints to what, that episode is about i. e. in an episode Bart, on the board, wrote the truth is out there and the family on jetpacks flew to the couch. That episode was about Bart and Homer claiming to see an alien that glowed, which turns out to be Mr. Burns, Homers boss, he was very sick and his medicine made him glow. When they all are rushing into the house, the way they get to the couch changes i. e. they have dived, danced, went to the wrong room, gone to the wrong show, ran, and flown on jetpacks. In the Homer Badman episode, the frame with Ashley Grant, feminist student shows the hypnotic effect of violent video games on young boys, since she used the game to bribed him to do what she asked. For the younger audience it is funny because Bart seems to be hypnotized and for the mature audience the humour is that a feminist would frown upon anything violent especially for young children. Also in this episode there are references to other films i. e. Homer was singing about living under the sea-The Little Mermaid, and Homer made a hand grenade, then threw it at the people chasing Marge and him-Die Hard. The title sequence appeals to different age groups because children do things that they think is funny but others think its silly and adults can also appreciate the humour in raising a young family. The Simpsons are very popular worldwide because it is funny and enjoyable for all ages. The first showing of The Simpsons was shown on 17th December 1989 it was a trial run of the series, which was very popular so the first episode was shown on 14th January 1990. Homer Badman was originally shown on 27th November 1994. In the first year on air The Simpsons over took the most popular situation comedy (The Cosby Show) capturing a regular audience of over 24 million each week and has achieved over 2 billion dollars of merchandise sales. Also The Simpsons was the first animated show to appear on prime time television since The Flintstones in the 1960s. In each episode there are over 250,000 frames and no matter how old you are, you can relate to it because it is based on, and named after, Matt Groenings own family. The family depict life in different aspects of real life and this in turn gives you a feeling of understanding and relativity to ones own life experiences, whilst having the added benefit of seeing the humour in the experiences one goes through in real life.

The History Of Smartphones

The History Of Smartphones Introduction Mobile phones are amazing device which brings most of the works in a single hand. In the world one quarter of the earths population using a mobile phone. Therefore another mobile phones are Smartphones which are great phones and its a phenomenal .Smartphones are rich mobile personal gateways into the digital universe and its growing and expanding all over the digital world. In the digital worlds its combines content, commerce, computing, and community. It keep the home of google.com, ebay.com, amazon.com, yahoo.com, bbcnews.com, slashdot.com, aol.com, msn.com, and much, much more can brings all the website tools in a single device. Easily we can access the universe through mobile web browser as provided on Smartphones interfaces that make the experience more intuitive, more engaging, and more valuable. And just as the digital universe is steering the evolution of Smartphones, the increasing prevalence of Smartphones will steer the next phase of the evolution of the digital universe. Smartphones are famous for their versatility in a single day a Smartphones may be a contactless wallet, a barcode reader, a satellite navigation system, an email or social network client, a Wi-Fi hotspot, and be used to make a phone call. Given the growing importance of Smartphones, we believe it is important to assess the privacy and security risks of these devices. But only a few years ago, mobile phones were expensive device. Now people can buy easily and no longer dream able device anymore .Mobile phones are the most successful device of consumer electronics in history. Smartphones are now an essential tool in all sections of European society, from top government officials to businesses and consumers. In the UK, Germany, France, Spain, and Italy alone, the number of Smartphones users are increasing day by day (around 62 million users). Lots of e-business companies their monetary value flowing through Smartphones, For example eBay expects 1.3 to 1.5 billion Euros in transactions through the i-Phone app in 2010. History of Smartphone 1984: Psion Organizer II8 bit processor9V battery, it lasted for several months!Develop own applications (OPL-language)Memory extensions, plug-in modules 1994: IBM Simon First real à ¢Ã¢â€š ¬Ã… ¾Smartphone TouchscreenPIM, Data communication 2001: Nokia 7650First 2.5G phone(GPRS, HSCSD)Light/proximitysensorSymbian OS -Open system! Nokia N95 (March 2007) QVGA display(16,7 Mio. Fabens, 6,6cm) 5 MPixelcamera(Carl Zeiss) Integrated GPS WLAN, UMTS, HSDPA USB, 3.5 mm audio connector, radio, TV-Out, Micro SD-support 120 g, 99x53x21mm In this report we give an overview of the key information and opportunities for Smartphones users. We stress that the risks should be balanced against the potential benefits of Smartphones 1. A description of the many potential benefits in terms of, for example, cost-savings, increased efficiency and a better quality of life is outside the scope of this report. To give just one example however, Smartphones are being used as smart-health sensors, allowing heart patients to stay at home safely, while having their heart issues controlled and monitored by medical staff. In this way Smartphones increase a patients quality of life and, at the same time, save healthcare costs. Dramatic Impact of Smart phones on Personal Life San Mateo, CA, April 13, 2010 Ring Central, which is a cloud computing based business phone system provider, their new survey find out that customers on the changing nature of business communications. The survey included Ring Centrals small to medium-sized business customers around the U.S. reveals that the Smartphone has going to an integral part of their daily life and a dramatic impact on personal life. Survey results provide that intimate relations and Smartphones tied as the number one thing survey respondents cannot live without. Another proof is that an increasingly mobile workforce would rather give up their morning cup of coffee than their Smartphones. The majority of people in the city they are using Smartphones as compared to home phone or office phone. On the other hand Smartphones are using more than computers for business and also encroaching on computers as well, more than 25% of surveyed showed that using the Smartphone more than the computer for business. In fact, nearly 8% dont even take their laptop when they travel for business if they carry their Smartphone. We can say that Smartphones are the new resolution in every single day in our personnel life and business. Smartphone is Primary Business Phone From survey find out that more than 45% of their phone communication via Smartphones. And nearly 80% of the surveyed showed that people are using the Smartphone as their primary business phone. Coupled of Years ago, laptops came qas a new era of working remotely. Now a days, cloud based systems and Smartphones have dramatically filled this trend and providing different kind of facility and access tools what helps to the people to do instead of physical office work they can carry all of work in a single hand. The nature of business are changing and its no longer dependent on location because of increasing demand for fingertips technology, which has increased the demand for professional business communication systems that are designed for a fully mobile workplace. Information Security Risk of Smartphone Consumer The phone is an integral part of a persons daily life e.g. private phone-calls, social networking, messaging, navigation, gaming, online banking, on-the-go entertainment, location based services, Internet browsing, micro-blogging, email, photography, video recording, e-health, etc. Employee The Smartphones is used by an employee in a business or government organization. It is used for business phone calls, Internet browsing, corporate email, expense management, customer relationship management, travel assistance, contact management and business social networking, video conferencing, scheduling tasks, and reading documents. In some cases workflow applications are run on the Smartphones, e.g. to fill in forms as part of an employee task. High Official The Smartphones is used by a high or top-level official in a business or government organisation, or by his or her close aide. The Smartphones is used as in usage scenario E but in addition it is used for dealing with sensitive information and/or tasks. Usage in this scenario is subject to security policies and the functionality of the Smartphones may be restricted or customized, for example by adding cryptographic modules for protecting call-confidentiality. Information security opportunities From an information security perspective, Smartphones have certain advantages over traditional PCs and mobile handsets. In this chapter we give an overview of the main information security opportunities for Smartphones users. Note that any concrete security benefit provided depends heavily in all cases on the extent to which the opportunities are exploited in practice. We have ordered the opportunities taking into account the rating from the experts consulted when writing this report. The experts were asked to rate on a scale ranging from no opportunity, through minor and medium opportunities, to major opportunity. Better backup and recovery Some Smartphones ship with convenient backup and recovery functions to address the risk to data availability of failure, loss, or theft. Smartphones are often well integrated with local or remote backup and recovery services. For example, some platforms automatically back up contacts, calendar or emails to a remote service. Smartphone applications, furthermore, often rely on network-based storage and backup. Overall this can make recovery of data in the event of a device failure, theft or loss quicker and more convenient and increase overall service availability. In some cases, Smartphones can even be located remotely via the network, allowing the user to recover a lost device more easily. Additionally, some Smartphones can be disabled and wiped remotely (and data may be easily recovered by the owner). This combined with above-mentioned backup and recovery services can be used to mitigate the risks associated to theft and loss. Extra authentication and non-repudiation options Smartphones are equipped with a smartcard reader, which gives additional options for authentication and non-repudiation. Smartphones can be used to improve the process of online authentication and provide a mechanism for non-repudiation. Smartphones lend themselves to such applications because: The SIM card used in Smartphones is a smartcard (50) and, with the appropriate software, licences and certificates in place can be used for PKI-based authentication and digital signatures (51). Although unavailability of smartcards and readers is not the only impediment to the uptake of PKI, this feature of Smartphones could be one factor in encouraging the use of PKI and digital signatures for the authentication of users and transactions. Smartphones may also take advantage of the shared secret between the SIM card and the HLR (Home Location Register) using the 3GPP standard Generic Bootstrapping Architecture (GBA). Smartphones may also be used to create one-time-password codes without using SMS or network connections. Extra encryption options Smartphones allow users to use end-to-end encryption for phone calls and SMS more easily. Smartphones come with more processing power and third-party encryption applications are easily available to end-users. For call confidentiality, traditional handset users rely on encryption offered by the mobile network operator. Crypto-modules for additional protection are expensive and are typically only used by top-officials. However several third-party applications are now offering encryption for Smartphones voice calls, on top of the standard encryption provided by mobile network operators. Conclusion Across the technology world, other companies decided they wanted in too. Microsoft built its Windows mobile operating system, which today powers scores of Smartphones, while notable manufacturers like nokia, Sony Ericson and Samsung built devices of their own. Two years ago, apple staked a big claim when it introduced the hugely-hyped iPhone, and Palm shook up the sector again when it introduced its Pre model this summer. Today, Smartphone come in all shapes and sizes. some offer full alphabetic keyboard while others shun physical controls in favour of a touch-screen. Indeed, the variety is huge and you can bet that Smartphone will continue to change at the speed of light.

Stagecoach Essay -- essays papers

Stagecoach An Interpretation of 'Stagecoach' In 1939 John Ford masterminded a classical western film by the name of Stagecoach. This film has the integrity of a fine work of art. Being that it could be considered a work of art, the impression left on a viewing audience could differ relying on the audience's demographics. However, it is conceivable to all audiences that Ford delivers a cast of characters that are built on stereotypes and perceptions conjured from 'B' westerns that preceded this film's time. Each character is introduced to the audience in a stereotypical genre, as the film progresses, these stereotypes are broken down and the characters become more humanized. This is apparent with a handful of characters being portrayed better than others. One can investigate each individual character to correlate such a pattern. The characters are, in no particular order: Curly, Hatfield, Gatewood, Peacock, the stagecoach driver, Dallas, Lady Mallory, and of course Ringo. Robert Slotkin writes in Gunfighter nation, " . . . by 1890 it was clear that the industrialization of the economy had produced a social order in which wealth and power would increasingly be concentrated in the hands of relatively few men . . . "(p 31). It was this social order that influenced iconography of many 'B' westerns. Such iconography would create the ideal of the crooked banker, or the shoot em' up outlaw and even a brothel prostitute, all of which are found in Ford's Stagecoach. The social classes that each character can generally be categorized as an upper, middle and lower class. In Stagecoach the upper class is composed of Gatewood and Lady Mallory. Gatewood is first introduced as a stern and modest character and part remains to be for most of the film. He exemplifies the 'B' western icon of the crooked banker in every manner. His crooked behavior is not revealed until the end of the film climaxing at his arrest as the stagecoach reaches town. His actions are arrogant and always in line with a financial mind set. His main focus was bag full of money, nothing else. Even as the stagecoach was under siege by the savage Indians, the audience could catch a glimpse of Gatewood clasping his bag rather than brandishing a firearm. Gatewood's character is one of those that does not stray from the 'B' side icon. He is clearly plays the stereotype of the financia... ...le and by Curly. On the contrary when Ringo is first seen in the movie he is not violent nor is he much of a menace. He seems to be a real gentle man, as one may have noticed in his actions toward Dallas even after finding what her line of work was. He is not ill mannered nor tempermental. He is on a mission to seek revenge as any man rightfully would. He is a far cry from his gun toting tobacco spitting counterpart in the ‘B' westerns. The stagecoach driver is the last of these unique characters. Typically, he is charactered in ‘B' westerns as being filthy, blockheaded and offensive. Despite his crackled voice and foolish nature, the stagecoach driver was anything but these descriptions. Granted, at times he may not have said the smartest of things or have been the bravest of men during the film, but he does come off as a sensible good minded man. Every character of Ford's Stagecoach was derived from the ‘B' westerns to years before. Each one is usually introduced in that genre of the ‘B' western. Ford has a unique way he portrays these characters. He shed new light on stereotypes that are not commonly broken. It truly was one of the many factors that made this film unique.

Analysis of e. e. cummings’ Poem of all the blessings which to man Essa

Analysis of e. e. cummings’ Poem of all the blessings which to man      Ã‚   As Thomas Reed West puts it, "the predominant literary sentiment toward the discipline of the machine has been one of lament" (xii). Many authors have composed pieces dealing with industrialization and the correlated obsolescence of man. Poet e.e. cummings is among them. In his poem "of all the blessings which to man," cummings describes a world to which progress will doom mankind-- a place where technology rules over humanity.    Cummings's poem opens saying that the most supreme gift progress offers mankind is "the an/ imal without a heart" (3-4). This heartless living thing is the machine. Machines can be made to act, and can often appear as if they think, but cannot feel. This is the greatest present presented to us by progress? To view that as a gift is to hold logic highly supreme over emotion, a preference this piece laments as being unfortunately accepted.    This industrialization and elimination of the need for humans is similarly unfeeling and coldly logical. The age of machinery presents its nearly silent coup d'etat rebels, the mechanical beings themselves, as a huge "collective pseudobeast," aimed at eliminating not only a need for humanity but a need for emotion (5). The poem's speaker notes that this being only preexists "its hoi in its polloi" (8). This shows the aim these machines allegedly have-- not simply to overtake the teeming masses of people but to become the teeming masses (hoi polloi) themselves, even to make humanity forget that they were ever in charge. This hearkens to the government employees constantly rewriting history in George Orwell's 1984, as these machines hope to make the people forget how things eve... ...y have done too good of a job. Their creation will change them from tame rulers to beings whose prolific creation ("teem") overcomes them.    Movies and literature alike have often served to villainize technology. These topics survive and persist, perhaps because we are morbidly fascinated with our own predicted downfall. Many people will admit to being concerned, as cummings is in "of all the blessings which to man," that the world will one day be run by machines. This potential future governing force is "without a heart" and "couldn't use a mind," and that may scare humans most of all (25, 28).    Works Cited Rotella, Guy. "Nature, Time, and Transcendence in Cummings' Later Poems." Critical Essays on E.E. Cummings. Ed. Guy Rotella. Boston: G.K. Hall and Co., 1984. West, Thomas Reed. Flesh of Steel. Charlotte, NC: Heritage Printers, 1967.