Saturday, November 30, 2019

The Atlanta Exposition Address Essays - Booker T. Washington

The Atlanta Exposition Address The Atlanta Exposition Address The Atlanta Exposition Address is the fortieth chapter of Booker T. Washington's autobiography. This autobiography was called Up From Slavery and it was written in 1901. The chapter begins by telling the reader that Booker T. Washington, the author, was in the Atlanta Exposition representing the Negro enterprise and Negro civilization. He then describes how he gave a brief speech to the white and black community, and then continues by writing about some personal experiences and his point of view on some particular issues. Some of these experiences and issues include the outcome of his speech, how he meets and thinks about the President of the United States, the invitation to be a judge in an educational contest, the Negro ministry, and voting. In this chapter, Booker T. Washington's main theme is how two different races can live together in order to achieve progress. In his persuasive speech, he tries to convince black and white people that they should give their best for the prosperity of the South. He also tries to persuade people to make friends, no matter what their skin color or place of birth is. He emphasizes that if two different races can get to the point where they can trust each other, then they will be surrounded by the most patient, faithful, law-abiding, and unresentful people that the world has ever seen. The fact that Up From Slavery is an autobiography clearly indicates that the book's point of view is in first person. The reader can make sure of this by noticing that Booker T. Washington, the author, is the one who tells the reader what is going on, what he thinks about life, what his feelings are, and what he thinks about other people. In this chapter the reader can encounter some insights that will evoke feelings. In other words, a great deal of emotion is involved. An example of these insights would be when Booker T. Washington, the next day of the Atlanta Exposition, was surprised to find himself pointed out and surrounded by a crowd of men who whished to shake his hand. In order for the reader to feel something, he needs to understand that the author was black, and in that time, black people used to be slaves. The reader needs to know the author had never felt something like that in his life. By being black, nobody cared about him before until that moment. I think that in this chapter there are some very interesting and brilliant ideas. I actually thought that black people were illiterate, but now I know I'm wrong. I thought that they were illiterate because, just as the author described the Negro ministry, a race with a few years out of slavery had no time or opportunity to educate themselves. I really think that Booker T. Washington was an honest, sincere, and extremely smart person. In order to think about life they way he did, that requires wisdom and not everyone has it. English Essays

Tuesday, November 26, 2019

Contrast of Shakespeares Sonnets 29 and 130 Essay Example

Compare/Contrast of Shakespeares Sonnets 29 and 130 Essay Example Compare/Contrast of Shakespeares Sonnets 29 and 130 Paper Compare/Contrast of Shakespeares Sonnets 29 and 130 Paper Two Tones of Love Shakespeare’s Sonnet 29, and Sonnet 130 are both poems written about love. Although they are both speaking of love, the tone and delivery are vastly different. In Sonnet 29, it is apparent that the Shakespeare is writing the speaker talking to his love with the lines â€Å"Haply I think on thee†Ã¢â‚¬ ¦ â€Å"For thy sweet love remembered†¦. † Meanwhile in Sonnet 130, Shakespeare is writing the speaker talking about his love to another person with the lines, â€Å"My mistress, when she walks, treads on the ground. †Ã¢â‚¬ ¦.. â€Å"And yet, by heaven, I think my love as rare†¦. Though at first glance the sonnets do not show many similarities, upon closer inspection they become more evident. In both sonnets the Shakespeare does not mention said love until the end of each sonnet; â€Å"For thy sweet love† in Sonnet 29 to â€Å"And yet by heaven, I think my love as rare† in Sonnet 130. Sonnet 29 and Sonnet 130 also tal k of things that you would not think to see in a love sonnet. In Sonnet 29 it seems that Shakespeare is writing about the speakers financial status, or lack thereof, and how he feels looked down on by a higher society. This could be because his love is from that privileged class. While in Sonnet 130 Shakespeare has the Swearingen 2 speaker comparing his lover to beautiful things, although she is ugly. This is also difference in both sonnets. In Sonnet 29 financial status can be seen in the lines â€Å"Wishing me like to one more rich in hope,† †¦ â€Å"Desiring this man’s art, and that man’s scope. † Sonnet 130 compares the woman’s ugly features to beautiful things with the lines, â€Å"Coral is far more red than her lips’ red;† †¦ â€Å"And in some perfumes is there more delight than in the breath that from my mistress reeks. † Though these sonnets have some similarities and small differences, there is on major difference between the two. Sonnet 29 the speaker is talking to his love, â€Å"Yet in these thoughts myself almost despising, haply, I think of thee, and then my state. † It is obvious that this is a poem intended to be given to a woman to tell just how much you love her. Sonnet 130 the speaker is talking about how despite his lovers faults he still loves her, â€Å" My mistress, when she walks, treads on the ground. And yet, by heaven, I think my love as rare. † This poem was meant to tell the world to look past another’s faults and see the beauty within. The thesis’s of these sonnets is about how love comes in all shapes and sizes, wealth and poverty, ugliness and beauty, and that love knows no bounds. This shown in the parting lines of both sonnets, â€Å"For thy sweet love remembered such wealth brings that then I scorn to change my Swearingen 3 state with kings. †; â€Å"And yet, by heaven, I think my love as rare as any she belied with false compare. † The women of both poems, in my eyes, are both very lucky to have these men’s hearts; for who would not enjoy a lover who’s love is so strong that they wish to shout it to the whole world.

Friday, November 22, 2019

5 top jobs in human resources guaranteed to pay big bucks

5 top jobs in human resources guaranteed to pay big bucks Jobs at the top in the HR department often require master’s degrees, years of experience, and more specialized knowledge – but they also come with higher salaries. If you’re in the human resources field (or are looking to enter it and climb the ranks), possess strong interpersonal skills, and want to set your sights higher, cultivating another area of expertise within the field may help. Here are 5 jobs to aspire to on your career journey.Human Resources ManagerOf course, one of the top jobs has to be the top spot in a human resources department. This requires years of experience and most often an MBA, as well as interpersonal skills and the talent and experience to be a manager. The human resources manager oversees the hiring process of new employees from recruitment to interviews to offers; they also are involved with strategic planning and connect upper management to employees. According to the Bureau of Labor Statistics (BLS), the top-grossing industry for Hu man Resources Managers is Monetary Authorities and Banking Industries, with an annual mean salary of $182,800. The annual median salary for the position is $110,120.Compensation and Benefits ManagerAlso in a key managerial role, the compensation and benefits manager oversees your salary- and comes with its own nice salary too. Oftentimes this role is about reducing costs while ensuring employees receive appropriate benefits, so this type of manager evaluates new strategies like â€Å"pay-for-performance.† Hiring trends for this type of position look good, as organizations will always need this job type to assess benefits policies and design compensation packages. On the other hand, some duties of this role may increasingly be outsourced to human resources consulting firms. Even so, it is likely to remain a competitive job in the field. The annual median pay for this job is $119,120, according to BLS.hbspt.cta.load(2785852, '9e52c197-5b5b-45e6-af34-d56403f973c5', {});Executive RecruiterPeople in this position, also known as â€Å"head hunters,† are responsible for finding top talent and matching talent to organizational needs. The recruiter is the prime â€Å"people person† position in HR, and the executive recruiter fills the top positions for a company- like the CEO. This role requires the expertise to network and find the top talent for the very top of a company. It’s hard to pin down a median salary for this job- it often gets paid on retainer because it is so lucrative.Human Resources SpecialistAccording to the BLS, the annual median pay for this job is $60,350. However this figure can be deceptive because â€Å"human resources specialist† is such a broad category. Let’s look at two types of specialists that are likely to be paid higher and be in high demand.HR Analytics SpecialistBy developing and implementing HR analytics, these specialists perform statistical analysis of data and create and communicate reports, identifying trends to improve the overall hiring process. In this role, you help identify areas of strength and weakness to help keep a company competitive. This position generally requires a background in statistics, but the outlook for this job depends on the changing technology for this area of specialization. Anyone with a statistical background in HR should also keep up with changing tech trends, as data analytic tools may soon become the domain of machine learning and AI- but so long as we need a person to communicate the data, this role will likely still be a vital part of HR strategy.HR IT SpecialistThis position will be in high demand as HR departments adapt to changing technology. For those in human resources who are extremely tech-savvy and also have a background in IT, this can be a lucrative and in-demand role. Expertise in the latest software will be vital. Tech can already aid recruitment, candidate engagement, targeted marketing, and management of job campaigns- expe rts in this position will help HR departments stay competitive and make them vital to an organization.HR StrategistWhile the HR manager might be the big fish in a small pond, the HR strategist is in a much bigger pond. It’s tough to nail down a median salary for this position, as it varies from industry to industry, but it’s high up in the chain. This position is usually involved in very large organizations or government positions, where strategic planning for hiring requires a strategy team rather than an individual HR manager or top-level executive. The HR strategist is a problem-solver, a planner, and a communicator who coordinates people across departments and all levels of an organization, helping to design and implement long-term HR strategic plans.

Thursday, November 21, 2019

Network (LAN) Research Paper Example | Topics and Well Written Essays - 750 words

Network (LAN) - Research Paper Example On this regard, this paper focuses on the development of a secure Local Area Network via an account of a manufacturing company located in Kuwait. It is essential to clarify that the Information Systems group for the company is composed of a significant number of high quality professionals. These professionals are expected to play a very important role in coming up with the most secure IT infrastructure system within the organization. They include the Chief Information Officer, Chief Technology Officer, and the Chief Security Officer (Schneier, 2004). The roles of each of the aforementioned group members are as stipulated below. The Chief Technology Officer is in charge of overseeing the current technology applied in the company. He is also responsible for the creation of the relevant policies used in the day-to-day implementation of the current technology. The Chief Information Officer is responsible for the Information Technology along with the computer systems that support the enterprise goals of the company. Finally yet importantly, the Chief Security Officer is responsible for ensuring maximal security to the company’s communication and business systems. This is to protect the company from any unauthorized data access by an intruder In order to provide maximal security in the company’s IT infrastructure, a well-designed network diagram has hereby been integrated into the report. The aim of the diagram is to ascertain that there is a bird’s eye view of how the organization is expected to benefit from the adoption of integrated network communication system (Schneier, 2004). As indicated in the diagram below, a significant number of networking and computer devices have been provided for the day-to-day operations of the company’s IT Infrastructure. These devices include a gateway router, a wireless router switches, networking cables, printers, personal computers, a face recognition

Tuesday, November 19, 2019

Lutheranism and Calvinism Essay Example | Topics and Well Written Essays - 250 words

Lutheranism and Calvinism - Essay Example Due to his intellectual gifts, Martin Luther was able to pursue studies in the University of Wittenberg and his scholarship, especially in the Bible, helped his progress towards a reformer. In 1517, he was forced to break up with Rome and he dedicated his life to the spreading of reformative ideas. Although Lutheranism and Calvinism outwardly share several commonalities, they both differ from each other in a significant way. In spite of the fact that both these movements emphasized people's sinfulness, lack of free will, and helplessness, rejected good works as means of salvation, accepted only baptism and communion as sacraments etc, the major ideologies of Calvinism were very different from those of Lutheranism. They differed with regard to the concept of predestination, morality and discipline, church organization, etc. Significantly, Calvinism particularly appealed to certain groups and the people of the cities welcomed both Lutheranism and Calvinism. Calvinism, especially, appealed to the learned men and the literate, and it emphasized sobriety, discipline, and communal responsibility. It was more successful in the areas of southern France.

Saturday, November 16, 2019

Witchcraft Essay Example for Free

Witchcraft Essay (Many of the people who were persecuted as witches from the fifteenth to seventeenth centuries were those of a seemingly inferior mindset, those who are blamed for problems in the community and those who were social outcasts. ) This time period occurred throughout the Protestant, Catholic and Scientific revolutions. The victims of the witch trials were usually persecuted in Europe as a whole however focused on areas like South Western Europe. Witches were usually people who were considered inferior due to physical appearances like women and the elderly. In Document 2 of Group D, over 75% of the executions that were analyzed were female which fits into the perspective of society starting in the early days of the church. Many women were seen as sinners since it was technically Eve, the first woman who committed the first sin. In this sense, women were forever branded as a dwelling place for a devil that can easily affect those around them as described by Kramer and Sprenger who wrote The Hammer of Witches which was a handbook used during the Inquisition by Dominican monks in Document 1 of Group B. It stated in the book that females are part of a fragile sex branded for their physical appearance and considered to be easily deceived by satanic influences. Out of the singled out group of women, those who were very elderly were often considered witches since their actual age was a phenomenon. In those day, the average age expectancy was much lower and those who were seen to have surpassed those year were often accused of being witches. In Document group D, the 3rd Document, a majority of the suspected witches were over the age of 50. W.  Fulbecke stated in Document 1 of Group C that â€Å"bodies of aged person are impure† that can easily taken over and spread diseases, he decided that this is a statement was a legit reason to believe the elderly were witches. Due to the stereotypical assumptions made about women and elderly people it was very hard for people to believe otherwise. In Group C, Document 2 it shows a more pragmatic view of women and the elderly through the eyes of a doctor name Johan Wler. Wler believed that rather being messengers from the devil, they are instead affected by metal illnesses that made them believe their delusions. Some people like Thomas Ady who witnesses a man refusing to help an elderly, refers to the elderly in Document 3 of Group A as â€Å"poor innocent neighbour† showing that some people out of the majority still questioned the validation of the accusations. Although there are few who didn’t fall for the common stereotype of women and elderly people being witches, majority ruled and unfortunately many had to suffer for it. Another group of people that were treated unfairly were those who were blamed for problems in the community. In Document 5 of Group A a poem called â€Å"The Witch of Edmonton† explains a scenario of a reason to use as an accusation. Even if you are not guilty, they â€Å"enforce† the name upon you and it was a long process until the named â€Å"redemption†. Due to the influence of huge Religious figures like Pope Innocent VIII mentioned in Group B, Document 6 that it’s the duty of the population to correct the wrongs by using the Inquisition. At this point in history, the Church worked hard to keep unified and anyone who tried to get in the way were punished. The easiest punishment was through the Inquisition. Everyone feared being tortured for a false confession and then burned like Walpuga Hausmannin did in Document 1 of Group A. Hausmannin was a midwife who was involved with the deaths of many children as is normal in her line of work. Since so many unfortunate events had occurred, she was burned at the stake. Since there wasn’t much care for accusations made against the accused, all of Europe seemed to be in a frenzy. The diary of a young Protestant boy, as seen in Document 5 of Group B, showed a state of confusion and because of the instability of communities. No matter where a person turned, Hell would be right there as well despite the Church’s useless efforts. The state of chaos Europe was in was only hurt by the constant blame of the innocent people in the community. Those who were considered social outcasts like peasants, old people and even disliked officials were targeted through the reformation. In Document Group D, number 1, a chart of the occupations of all the husbands of the women who were accused of witchcraft. This chart showed that nearly all of the wealth standings were either laborers or farmers yet hardly any upperclassmen had to deal with such accusations. Not only were those who were poor but those who were non-religious were also attack. In those days, those who tried to spread a different faith or did not believe at all were heretics that were also attacked. In Document 6 of Group A, the brother of a Chief Justice points out a certain judge that believed in witches and immediately went into detail that he is the cause of much of the troubles by not handing the woman from the trial to the Inquisition attendants. Such decisions are looked down upon and immediate draw attraction to the person who does not become involved with the Inquisition. Not only were those who were considered peasants persecuted but those who lost favor with the population. According to Document Group A, the 7th document is a letter of a mayor to his daughter. He retells the story of an executioner telling him to confess to what he was innocent for there would only be, â€Å"one torture will follow another until you say you are a witch ,†. Given no other option, the mayor is then executed as many thousands of others are as well. Being different in such a radical time period meant being an enemy, one that would be persecuted until the powerful were strong and satisfied. The witch hunt’s would eventually become part of the Church’s dark history. However this history didn’t just end with the Church, it spread far and wide. One such place was Salem, Massachusetts and then later in history become an example for the Red Scare. The insecurity and chaos of untruthful and misleading leaders and influences can play a heavy toll. It can tear nations apart and rather than becoming more unified it became more disorderly. Towns and cities became depopulated and there was also an opening for true logical reasoning to come about. This reasoning will eventually turn into regulation of trials and torture in order to stop false executions, much like the judicial system does today.

Thursday, November 14, 2019

A Look Into the Human Genome Project :: Science Technology Genetics Papers

A Look Into the Human Genome Project Would people buy a set of books that repeated the same four letters in random order page after page? Or would this information be more convenient to the public if on a computer disc? Many people would agree with the idea that this set of books would be boring. Surprisingly, America and the rest of the world are buying the information in this set of books. In fact, these books contain the human genome. The mapping of the genome (or writing this set of books) is a 15-year project that has brought many ethical issues to attention. History of the Human Genome Project The United States Department of Energy and the National Institutes of Health joined forces in 1990 to kick off a 15-year effort to reach two goals: Catalog the genes in human DNA Determine the three billion bases (the four letters in the set of books) in human DNA that encode for genes (U.S. Dept. of Energy 1998). On the international level, the Human Genome Organization (HUGO) was founded. Their goal is to encourage trading of research findings and techniques (National Reference Center 1998). From the national standpoint it brings back memories of The Manhattan Project. Internationally, this cooperation is unprecedented (Shinn 1996). Before the organization of the Human Genome Project, the Department of Energy had biologists and physicists studying the Hiroshima survivors. From this data a GenBank was made. This was the first database for DNA sequences (Gert, et al. 1996). Watson, who won the Nobel prize for his discovery of the double helix, was appointed as the first director of the Human Genome Project. He appropriated three percent of his budget to ethical, legal, and social issues (ELSI) involved with the project (Shinn 1996). Even from the beginning it was anticipated that this project could have both positive and negative outcomes. One goal to be reached after five years was to have markers every ten centimorgans (Gert, et al. 1996). This goal was stated in 1991 and achieved in 1994 - a year ahead of schedule - when a map with markers every two to five centimorgans was published (Casey, et al. 1995). Sequencing would then follow with a focus on areas of disease and in reducing human error. The main goal for the next five years would be markers every one centimorgan (Gert, et al. 1996). Technical Aspects Ideally, the final map will have both physical and genetic information.

Monday, November 11, 2019

Describe how the body responds to stress Essay

Acute stress causes the arousal of the autonomic nervous system (ANS). The ANS comprises of the sympathetic nervous system (SNS) which prepares the individual for ‘fight or flight’ and the parasympathetic branch, which returns the individual to their original state of relaxation. Part of the SNS response is the sympathetic adrenal system (SAM), this system along with the SNS is collectively called the sympathomedullary pathway. The SNS is activated when the neurotransmitter noradrenaline is released and travels to the organs of the body preparing them for rapid action. Common responses to this would be increased heart rate, increased pupil size and metabolic changes such as a release of glycogen into the blood stream. In conjunction with the SNS, the SAM is also activated by an acute stressor causing adrenaline to be released into the blood stream, allowing the body to prepare for fight or flight. The SAM is regulated by both the SNS and the adrenal medulla. The adrenal medulla, which can be found in the adrenal gland near the kidneys, has two distinct zones, the adrenal medulla in the middle and the adrenal cortex around the outside. Neurons from the SNS travel to the medulla, so that when it is activated it releases adrenaline into the bloodstream. This adrenaline then has widespread effects on the physiological systems in the body e.g. boosting the supply of oxygen to the brain, and suppressing non-emergency bodily processes such as digestion. The parasympathetic nervous system will become active once the stressor has passed in order to relax the individual again and to re-start bodily functions that may have been repressed during the stressful period. The body deals with more long-term stress differently as it could not function long-term if it were to constantly be in the aroused via the ANS. The body uses the pituitary-adrenal system to regulate chronic physical or emotional stress, a process that takes about 20mins to complete. Once the body has identified the stressor as being chronic that information stimulates the hypothalamus which is responsible for controlling the body’s hormonal systems. Activation of a particular region of the hypothalamus, the paraventricular nucleus (PVN) leads to the production of a chemical messenger, corticotrophin-releasing factor (CRF), which is released into the bloodstream in response to the stressor. On arrival at the anterior lobe of  the pituitary gland, CRF causes the pituitary to produce and release adrenocorticotrophic hormone (ACTH). From the pituitary, ACTH is transported in the bloodstream to its target site in the adrenal glands, located on top of the kidneys. ACTH then causes the adrenal cortex to release cortisol which has several effects on the body. Primarily it gives the individual a burst of energy and lowers their sensitivity to pain, however it also impairs cognitive performance, increases blood pressure and lowers the immune system. The pituitary-adrenal system is self-regulating with both the hypothalamus and pituitary glands using receptors to regulate the amount of CRF and ACTH in the body to maintain an appropriate level of cortisol in the bloodstream. Outline and evaluate research into life changes as a source of stress (6+6 marks) Rahe et al (1970) – wanted to study normal people (i.e. not ill people) to see if the number of life changing events was positively correlated with illness. They used a military sample of 2700 naval men aboard 3 US Navy ships. They were all given a questionnaire (the SRE) just before they started a tour of duty which was based on the SRRS that Holmes and Rahe had originally devised. The questionnaire asked them about all the life events they had experienced over the previous 6 months. After about 7 months of duty they were given an illness score which was calculated based on the number, type and severity of all illnesses recorded during the tour of duty. Rahe et al found a positive correlation of +.118 between the life changing units (LCU) score they received from the SRE before going on tour, and the illness score they received following the tour. A high LCU score shows that the individual had b een through significant amounts of stress (either positive or negative), and so a positive correlation with their illness score would suggest that experiencing stressful life changes does lead to more problems with health. Michael and Ben-Zur (2007) – studied 130 men and women, half of whom had been recently divorced and half recently widowed. They looked at levels of life satisfaction and unsurprisingly found that in the widowed group there was a higher satisfaction before their bereavement than after their loss. However, in the separated group they found the opposite, that individuals in fact reported more life satisfaction following their divorce than they had had before the separation. There are  several ways to explain this as it may be the result of a more positive outlook now they felt more in control of their lives instead of being ‘restricted’ by a partner, or perhaps they were now dating or living with someone new who made them feel happier. The SRRS suggests that any life-changing event has the potential to be harmful to health; however critics like Jones and Bright (2001) claim that in fact it is the quality of the event which dictates its impact. Undesired, unschedule d and uncontrolled events seem to be the ones which cause greatest negative effect. The key flaw in the SRRS is that it ignores individual differences, as different people will view the same life event as creating different levels of stress for them based on their situation, personality etc. For example the death of a partner may be devastating for one person but a blessed relief for another and yet both people would be given the same LCU score. Therefore it is not suitable to use a standard method of categorising individual stress levels when everyone is different. There is an issue of reliability in life change research as it is retrospective meaning reports may not be accurate or consistent as they are based on memory which can prove unreliable. Brown (1974) suggests that people who are unwell may feel the need to provide an explanation for their illness, and therefore are more likely to report stressful events than those who are not ill. Indeed Rahe’s research of Naval personnel relied on the participants accurately recording life events prior to their tour of duty but some may have forgotten events, while others may have over-elaborated, which would have ultimately affected their scores. Discuss two explanations of why people conform (4+4 marks) Normative Social Influence – deciding to comply through conformity without adopting that viewpoint. This may be as a result of feeling pressure from a majority and not wanting to be rejected from a group by dissenting as humans strive to develop and maintain social companionship. Therefore dissenting behaviour would risk social rejection and may damage relationships so we avoid it by conforming. Informational Social Influence – Conforming to others due to a genuine belief that they are right. This would involve not just compliant behaviour but also a change in our own thought processes to align with those of the majority thinking. This is most likely to happen when a situation is ambiguous, a crisis, or we believe others to be experts. Normative social influence is particularly effective when a group has low quality inter-personal relationships. Garandeau and Cillessen (2006) found that people in these types of groups may be manipulated by a skilful bully so that victimisation of another child provides the group with a common goal. This suggests that the effectiveness of normative social influence is dependent on the type of relationships within the group. Informational social influence may explain the development and maintenance of social stereotypes. Wittenbrink and Henly (1996) found that participants exposed to negative comparison information about African Americans (which was presented as the majority view) later reported more negative beliefs about a black target individual. This suggests that we can be persuaded to alter our viewpoint permanently that we will continue to stick to the new view even in other contexts. There is evidence to support the idea that we seek information from other in ambiguous situat ions in order to form our own opinion. Fein et al (2007) found that political opinions of individuals shifted after showing them the reactions of others while watching a political debate. This suggests that when a situation has no obvious answers we look to others to help us create a judgement. Outline and evaluate research into obedience (6+6 marks) Following the execution of Adolf Eichmann in 1963 for his part in the murder of Jewish people during the Holocaust, Milgram was interested to see whether Adolf’s defence that he was ‘only obeying orders’ had any real truth to it. He advertised for male volunteers to take part in a study into the how punishment affects learning. He offered all of the 40 participants who took part $4.50 and told them they would receive their payment even if they didn’t complete the full study. In addition to the participants there were also two confederates who were playing the role of the experimenter (an authority figure) and the learner. On arrival the participant and confederate were asked to draw straws for who would be learner and who would be teacher but this was rigged so that the participant was always the teacher. The participant was then told that he would be asking the learner a series of questions and if he got the answers wrong then the participant would give hi m an electric shock by pressing a the appropriate level button which would administer the shock to the learner in the next room. The shock  machine consisted of a range of buttons all labelled with voltage and a brief description of what that voltage level means e.g. 300v Intense Shock. The participant was also shown that the machine worked by being shown the learner receiving a mild shock. Initially Milgram had prepped the learner to get most of the questions wrong and told him to receive his shocks silently up until 300v when he was to bang on the wall and give no response to the next question. The learner was told to then repeat this at 315 volts, and from them on say and do nothing in response to the shocks. Milgram had also asked the experimenter to give prods to the participants if they asked to stop e.g. ‘It is absolutely essential that you continue’. Before the experiment Milgram had asked psychiatrists, college students and colleagues to predict how far they thought participants would go before refusing to obey. Consistently they all predicted that very few would go beyond 150 volts and only 4% would reach 300 volts. They also predicted only a pathological fringe of about 1 in 1000 would go up to 450 volts. In fact, 65% of the participants in his initial experiment continued to 450 volts and all of them went up to 300 volts with only 12.5% of them stopping at that point. One of the major criticisms of the Milgram study is related to the ethical issues it raised. Milgram deceived participants by lying about the purpose of the study which means true informed consent was not given. However, Milgram argued that the experiment would not have worked if they had known its purpose. Secondly, although he offered them the right to withdraw it can be argued that this was cancelled out by the prods that the experimenter gave to the participants, which may have made them doubt whether they could discontinue the experiment. Baumrind (1964) also attacked Milgram’s research saying that he had placed the participants under great emotional strain, causing psychological damage. Milgram responded by saying he couldn’t have predicted the level of strain the experiment would cause and he fully debriefed participants after the experiment and again a year later and in fact found that 74% felt they had learnt something of personal importance from the experience. Milgram’s experiment was lab-based which meant it was not a true test of whether obe dience would occur in real-life. Hofling et al (1966) conducted a study on nurses to see if they would follow an order from a doctor that contravened hospital regulations. They found that all but one of the 22 participants did as they were told and obeyed the  order they were given, suggesting that even in a real-life setting obedience levels are similar to that of Milgram’s findings. However, Jacobson (1975) conducted a similar real-life study but used a well-known drug and allowed the nurses to consult with each other before making a decision (which is a more realistic representation of hospital practices). He found that the obedience level dropped to just 11%, suggesting that people in real-life aren’t actually as obedient as Milgram’s lab results showed. Discuss the role of minority influence in social change (6+6 marks) Minority Influence – Moscovici (1976) believed that it was not only majority influence that led to groups being able to exert pressure on individuals. He said that without an outspoken minority advocating a different way of doing things, we would have no innovation or social change. This suggests that an individual who is exposed to a persuasive argument under certain conditions, they may change their own views to match those of the minority. There are four conditions necessary for social change to come about via minority influence 1) Drawing attention to an issue – when an issue is drawn to our attention via a minority it creates a conflict of views which we become motivated to reduce through various resolution methods which in turn draw further attention to the issue making it more likely to gain further exposure. 2) The role of conflict – when a minority view cannot be easily dismissed as obviously abnormal it forces us to examine their arguments more closely. This may not cause a complete shift to the minority view but it will cause an individual to re-examine and perhaps have a more balanced view of a given situation, which may in turn weaken the majority view over time if the minority view continues to spread 3) Consistency – If arguments are presented consistently by a minority then they will be taken more seriously, as the assumption is that the view holder must really believe that what they a re saying is true 4) The augmentation principle – If it is risky to hold a particular viewpoint and yet a minority still does then they will be taken more seriously by others in the group because they appear willing to suffer for their views. This will then lead to the impact of their position on other groups members to be increased or ‘augmented’ which may make them more influential in bringing about social change. The suffragettes are a classic example of how minority influence can bring about social change. All four of the necessary conditions needed for social change to occur via minority  influence can be seen in the way they campaigned for rights for women. They drew attention to their issue by employing educational, political and occasionally militant tactics. The role of conflict was seen when members of the majority started to move their views in line with the new way of thinking that the suffragettes were proposing. The suffragette message was consistent regardless of the attitudes of others over a 15 year period and even when they were jailed for civil disobedience. The suffragettes also showed that they were willing to suffer for the cause by risking imprisonment and even death from hunger strike, causing people from the majority viewpoint to start to augment their views with those of the campaigners. As a general rule, most people will go along with the crowd and maintain the status quo which puts minority groups at a distinct disadvantage as they lack social power and are seen by the majority as ‘deviant’. People will often avoid agreeing with a minority view as they then risk being seen as different themselves which has a negative connotation. This suggests that minority influence is latent, creating the potential for change rather than actual change. Describe one research study that has investigated the duration of STM (6 marks) Peterson and Peterson in 1959 aimed to conduct a piece of research which would study the duration of the short-term memory. They created a lab experiment which they believed would allow them to monitor how long a piece of information could be held in the STM without rehearsal. They used an opportunity sample of 24 students from the university that they worked at in the US and tested their recall using an independent measures design. The research began the test by saying a consonant syllable (nonsense trigram) followed by a three-digit number e.g. WJF 872. They were careful to ensure that the consonant syllable had no obvious meaning which would make it easier to remember e.g. BBC. As soon as the participant had heard the three-digit number they had to start counting backwards in threes from that number until told to stop. The idea behind this difficult counting task was to stop the participants being able to rehearse the consonant syllable, thus keeping it in their STM for longer and aiding recall. Each participant was given two practice trials to get used to the experiment and then 8 trials where the results were recorded. On each of the trials the retention  interval (time spent counting backwards) increased: 3, 6, 9, 12, 15 or 18 seconds. The Peterson’s found that when the retention interval was only 3 seconds, about 90% of the participants could accurately recall the consonant syllable but when the interval was 18 seconds only about 2% could recall it. The conclusion made by the Petersons was that STM lasts for approximately 20 seconds without rehearsal before the information is lost from the store. Outline one strength of using a case study to study memory and one weakness of using a case study to study memory (6 marks) Strength – One strength of using case studies to study memory is that they allow researchers to gather lots of rich data over a long period of time (that is both quantitative and qualitative) about a specific unique case of brain damage. In the study of HM, researchers were able to gather information about all aspects of HM’s memory problems allowing them to draw conclusions about STM and LTM that may not have been possible from simply studying ‘healthy’ brains. This suggests that being able to study brains that have been damaged and so don’t work properly allows researchers to make conclusions about how a healthy brain works. Weakness – One weakness of using case studies to study memory is that they are often focused on someone who has suffered a trauma leading to brain damage which affects their memory. The problem with this is that it does not allow researchers to gain data from before the trauma making comparisons difficult and therefore it is harder to draw conclusions. In the case of KF who had suffered a motorcycle accident which affected his STM the researchers could not establish whether the level of trauma he had experienced, the actual brain damage he had suffered, or simply KF’s memory ability prior to the accident, were the cause of his STM problems. This suggests that the results of case studies on memory lack internal validity and so cannot be generalised to a wider population. Outline and evaluate the multi-store model of memory (6+6 marks) The Multi-store model of memory (MSM) was proposed by Atkinson and Shriffin in 1968 and aims to illustrate how information is processed in our brains in order to form memories. The model states that information enters the sensory memory store (SM) from the environment via the 5 senses. The SM has a large capacity but a very limited duration meaning that information is almost  immediately forgotten unless it is paid attention to. If attention is paid then the information will move into the short-term memory (STM) which is another temporary store, although the duration is slightly longer than the SM as information will remain for about 20 seconds before being forgotten. However, if maintenance rehearsal is used (repeating the information over and over either out loud or in your head) then information will remain in the STM for longer. The STM generally uses acoustic encoding due to the process of rehearsal and it can hold roughly 5-9 chunks of information at any one time. If the information is then added to by using elaborative rehearsal to make the information more meaningful then it will move into the long-term memory (LTM). The LTM has an infinite capacity and duration and tends to use semantic encoding. Once information has been stored in the LTM it can be retrieved for later use via the STM. There is also research evidence to support the concept of there being separate unitary stores within memory. Beardsley (1997) and Squire et al (1992) studied the brain using brain scanning techniques and found that when the short-term memory is being used for a task then the prefrontal cortex is active and when the long-term memory is being used for a task then the hippocampus is active. This suggests that there are indeed different stores for memory and that separate parts of the brain are active when they are being used . There is evidence to suggest that STM and LTM are not in fact unitary stores. Shallice and Warrington (1970) studied KF, a brain damaged patient, and found that he struggled to process verbal information in the STM but had no impairment with processing of visual information in this store. This suggests that the STM is in fact not one single store but may be made up of multiple components which undermines the MSM’s proposal of unitary stores. There is also evidence to suggest that the STM and LTM are not in fact separate stores but may work together to process information. Ruchkin et al (2003) found that the brains of participants recalling lists of real words more active than the brains of those recalling pseudo-words. He concluded that this was because the real words were being processed using previous knowledge and experience from the LTM whereas the pseudo words (which have no meaning) were only processed by the STM. This suggests that the linear relationship between STM and LTM in the MSM is not accurate and that in fact the STM may actually be part of the LTM. Outline and evaluate the working memory model (6+6 marks) The Working Memory Model (WMM) was proposed by Baddeley and Hitch (1974) they aimed to explain how information is processed in the bit of the memory that is used when an individual is working on a complex task. The basis of their model was that the STM was not just one single store but in fact is made up of several components. This was based on the fact that people seem to be able to perform two taks with equal accuracy simultaneously unless similar types of processing are required (e.g. two visual tasks at the same time). The first element to their model is the central executive (CE) which coordinates all the information the memory working memory system receives. It decides where to send incoming information which is received from the senses or the LTM and has to do this efficiently as it has limited capacity. There are three slave systems which operate under the CE, one of which is the Phonological Loop (PL). The PL was further subdivided by Baddeley in 1986 to form the phonologica l store (PS) and the articulatory process (AP). The PS stores any information which the individual hears, like an inner ear, while the AP uses the inner voice to silently repeat the information the individual has heard or seen (maintenance rehearsal). Another slave system is the visuo-spatial sketchpad which is used for planning spatial tasks and temporarily storing visual or spatial information. The final slave system is the episodic buffer which was added to the model in 2000 by Baddeley as he realised that the model lacked a general store which could hold both visual and acoustic information for more than a few seconds. Information from the other two slave systems, the CE and the LTM can be stored in the episodic buffer to create a complete memory which can then be transferred to the LTM for more permanent storage. Evidence from brain-damaged patients supports the WMM’s proposal of different stores for different types of processing in the STM. Shallice and Warrington (1970) studied KF who, following a motorcycle accident , had problems with some aspects of his STM. He seemed to be able to recall visual material quite well but struggled if information was presented acoustically. This suggests that the brain damage KF suffered may have been restricted to his phonological loop, supporting the WMM’s multi-component STM. However, there is also criticism of the CE as some feel that the notion of it being one single store is not accurate. Eslinger and  Damasio (1985) studied EVR who had suffered brain damage during an operation to remove a brain tumour. He still performed well on reasoning tasks but had problems with decision-making. This suggests that only part of his CE was intact and therefore shows that the explanation provided by the WMM of the CE being a single store is not complex enough. A further weakness of the WMM is that much of the research that has been conducted to evidence it comes from case studies. This is a problem as no ‘before and after’ comparisons can be made so it is not clear what actually caused the damage seen. This is evidenced in the case by Shallice and Warrington (1970) of KF who had problems with his STM. It was unclear whether the memory issues KF had were a result of previous memory ability, the trauma of the accident or the damage to his brain. This sug gests that case study evidence lacks validity and so should not be used to evidence the WMM as a general explanation for memory. Evaluate research on cultural variations in attachment (6 marks) The Strange Situation was created by an American psychologist and is based on the US viewpoint of what constitutes ‘normal’ attachment behaviour. Rothbaum et al (2000) claimed that much of attachment theory and research is based in American culture and so using it to evaluate cross-cultural differences is not a fair comparison. This suggests that secure attachment, as outlined in Ainsworth’s research, is not the ideal attachment type to have. This means gaining figures about attachment types from various cultures and labelling them, according to a western viewpoint, is an imposed etic which labels behaviours negatively when actually they may simply fit with the cultural norms of that particular country. There is an alternative explanation for why attachment may seem to have universalities across cultures. Van Ijzendoorn and Kroonenberg (1988) suggested that the similarities in attachment behaviours across cultures may also be explained in terms of mass media promoting an ‘ideal’ perception of parenting. This might suggest that similarities in attachment are not due to innate biological influences but are a result of an increasingly globalised world which is receiving similar messages from the mass media. There may be problems with researcher bias in research that aims to explore cultural variations in attachment. Researchers tend to be studying their own culture e.g. Ainsworth’s Strange Situation research in Baltimore, which can lead to assumptions being made based on the previous knowledge of the culture they are researching. The opposite problem  can occur when a researcher undertakes research in a foreign culture e.g. Ainsworth in Uganda. The problem here can be the interpretation of data by the researcher, especially if there is a language barrier as important details may be lost in translation. This suggests that a major flaw with all attachment research is that multiple cultures can never be studied truly objectively.

Saturday, November 9, 2019

Hyundai: A Global Success Story

The automotive industry is among the largest and most global sectors in the world. Any shift in the automotive industry has consequences for firms around the globe. Hyundai Motor Company (HMC) is a rising star in the global automotive industry. South Korea's number one carmaker, HMC produces about a dozen models of cars and minivans, as well as trucks, buses, and other commercial vehicles (www.hyundai-motor.com). Popular exported models are the Accent, Elantra, and Sonata. The Korean firm has managed to internationalize successfully seemingly against all odds.The Car Industry on a Global ArenaWith many competitors battling for market share, car makers such as Toyota, Nissan, Honda, Hyundai, General Motors, Ford, DaimlerChrysler, Renault, and Volkswagen operate on relatively thin margins. The automotive industry has been suffering from excess production capacity. Although there is a capacity to produce 80 million cars globally, total global demand runs at only about 60 million a year. Thus, car manufacturers typically employ only 75 percent of their production capacity.However the car industry is extremely capital intensive and, with so much competition, firms should use at least 80 percent of their production capacity in order to remain competitive. It is tough to stay afloat under such competitive conditions and the industry has seen numerous mergers and acquisitions in recent years. Consolidation has occurred between Ford and Land Rover, Jaguar and Volvo, and DaimlerBenz with Chrysler, to name a few.South Korea and the Auto IndustryAgainst this background, HMC has faced various mishaps. The South Korean economy endured a recession in the late 1990s as a result of the Asian Monetary Crisis. The economy comprises numerous family-owned conglomerates, or chaebol. The combined sales of the nation’s five major chaebols — Hyundai, Samsung, Daewoo, LG, and SK – amounted to roughly 40 percent South Korea’s GDP and total exports. Over time, these giant firms expanded rapidly, borrowing from their own banks to finance often reckless expansion into unrelated industries. Financial blunders led the Korean government to  impose greater transparency and more stringent accounting controls.In the automotive industry, Kia Motors, Korea’s third largest maker went bankrupt and Daewoo was sold off to General Motors. While domestic demand in South Korea is some two million cars, total productive capacity had reached five million. Exporting was a necessity. HMC’s debt burden had reached five times its equity, and the firm was suffering massive losses. The future was very uncertain. HMC was using less than 40 percent of its total production capacity, with a debt of around $30 billion. In 1998, HMC took control of Kia, becoming the South Korea’s biggest car maker and holding three-quarters of its domestic car market as well as passing Japan’s Mitsubishi and Suzuki in world ranking.Early Internationalizati on EffortsChung Ju Yung was HMC’s founder. A workaholic from a peasant background, at age 85, Mr. Chung was determined to return HMC to profitability. All his life, whenever he set his mind on something, he would always found a way to achieve it. The Hyundai conglomerate was founded in 1947 in the construction industry, and over the next fifty Mr. Chung expanded his dynasty into car manufacturing, oil refining, electronics, banking, and insurance. HMC was founded in 1967. Mr. Chung passed on his ‘never-give-up’ values to his son, Chung Mong Koo, who took over as Chairman in 1998. The younger Mr. Chung was very detail oriented, and attached great importance to producing quality products. He is often quoted as saying: â€Å"Quality is crucial to our survival. We have to get it right, no matter the cost.†In the late 1970s, HMC had begun an aggressive effort to develop engineering capabilities and new designs. In 1983 HMC started its Canadian operation, the fi rm’s first foreign investment venture. But the operation proved unprofitable and was shut down after only four years. Despite this disastrous outcome, HMC management learned a great deal from the experience.Instead of FDI, HMC began exporting to the U.S. market with the Excel as an economical brand with a $4,995 price tag. The car was soon a big success with exports rising to 250,000 units per year. Unfortunately, various  problems emerged: the Excel was perceived as a low-quality car and the weak dealer network was not producing enough sales. Consumers were losing faith in Hyundai and the firm’s brand equity began to deteriorate. The U.S. is the largest car market in the world and management had to do something drastic to turn things around.Ultimately SuccessfulIn response to complaints about product quality, HMC introduced a â€Å"10 year warranty† program. The rationale was that, in order to erase any negative image, management had to go beyond the typical guarantee period and offer a very substantial warranty. The strategy was a major turning point for Hyundai, and the firm set about designing and building cars based on much higher quality standards. While still maintaining low prices, HMC was able, over time, to provide substantially extra value to consumers.Another major step was geographical diversification. Putting lessons from the failed Canadian investment into practice, HMC built a factory in Turkey in 1997, in India in 2000, (with second plant in 2007), and in China in 2002. The main advantage of these plants is the inexpensive, high quality labor available at these locations. The Turkish plant gave HMC a foothold in the Middle East, a market it wants to develop. Turkey’s proximity to Western Europe is also a major advantage. In 2006, HMC had more than ten production plants in locations such as Taiwan, Vietnam, Iran, Sudan, and Venezuela. HMC’s first U.S. plant opened in Alabama in May 2005, with an investment o f $1.1 billion and annual production of 300,000 cars.Automotive industry labor costs make up only 10 percent of total operational costs. In order to be able to gain a competitive edge, therefore, not only must HMC seek out cheap labor, it must also source from locations that can supply low-cost input good (such as engines, tires, car electronics, etc.). The cost-effectiveness of suppliers is a life and death matter in the global automotive industry. HMC is cooperating with DaimlerChrysler to develop new technologies and improved supply chain management. Projects include a new four-cylinder engine and a joint purchasing plan.By investing in Kia, HMC gained access to the firm’s competitive advantages in R&D and production. During its lifetime, Kia had managed to acquire a substantial base of highly knowledgeable workers, engineers, and design staff. Together, the two firms achieved synergies and economies of scale in R&D, engineering, purchasing, quality control, and marketing. HMC also invested in R&D centers in North America, Japan, and Europe.HMC TodayHyundai has been the world’s fastest growing major automaker since 1999. Sales in the U.S. increased by 360 percent from 1998 to 2004. HMC’s growth is coming from international markets. These days the firm generates about a third of its sales from North America and 10 percent from Europe. The firm’s profit margins are among the highest in the industry, worldwide. It has won numerous quality assurance prizes from reliable organizations such as Consumer Reports, J. D. Power and Associates, and the 2005 Total Quality Study. Chairman Chung was named one of most successful businessmen in the world by Business Week magazine.HMC invests heavily in various value-chain activities. It utilizes FDI to develop key operations around the world. Management chooses foreign locations based on the advantages they can bring to the firm’s global business. R&D is targeted to developing safer, more convenient automobiles of superior quality. HMC is developing environmentally-friendly technologies that emphasize fuel efficiency. HMC conducts market research to help with choosing designs, as well as interior and exterior styling of automobiles.HMC aims to become one of the top five global car manufacturers by 2010. Hyundai plans to have a 20 percent share of the Chinese market. To that end the automaker has signed a $1.24 billion joint venture with Guangzhou Motor Group, giving HMC access to the commercial-vehicle market in China. With 1.3 billion people increasingly anxious to buy passenger cars and trucks, China will be a major market for HMC. The firm benefits from its proximity to China and management’s understanding of the Chinese culture. Chung Ju Yung’s ‘can do’ spirit prevails throughout the entire HMC network.

Thursday, November 7, 2019

My Mom Essays

My Mom Essays My Mom Essay My Mom Essay It has taken me all of my 17 years of life to finally realize what an import person my mother has been to me, and how much of an influence she has had on my life. I have never noticed until I started to contemplate my essay topic. She is an extraordinary influence on my life, and also my best friend. My mom is such a great role model I feel lucky to have been raised and brought up by her. I aspire to grow into as great a person as she is today. My mom has sacrificed so much for my brother and I, she would drop everything and anything if it meant helping us in someway or just to make our day a little better. My moms love for my brother and I is most apparent in the way she wants us to experience our life. She wants to give us every opportunity she possibly can and especially the ones she never got; if that meant whether or not we wanted to or not. She always encourages us to do and try new things, stick with something all the way through and never quit. She pushed me to accomplish things I never would have done without her support and guidance. Although she gave it all her might sometimes my stubbornness outshone her persistence. I’ve been involved in so many different activities since I was able to walk I start to lose count. In most of my activities my mom was determined to make me stick with it and do my best, but eventually in every time, without fail, I wanted to quit. Piano, soccer, basketball, violin, dance, gymnastics, choir, every time I was convinced to â€Å"give it a try! †, and every time I quit for vast and vague reasons. This became a pattern up until the eighth grade. This is only a small example of how much my mother has been an important influence on my life, but made a big impact. I made countless friends and had a great time. Although I never got my desk I look back now as a member on the varsity dance team, and am grateful that my mom pushed to so hard to take the dance lessons. They were worth it and I love dance so much. I have improved so much since freshman year and look forward to possibly dancing in college. Now my brother is a freshman and he is faced with the same problem I had when I was his age, and now its up to my mom and I to help him fit in and find his way in high school!

Tuesday, November 5, 2019

The French Verb Souhaiter Que Needs the Subjunctive

The French Verb Souhaiter Que Needs the Subjunctive When  souhaiter (to wish or to hope for) precedes a dependent clause beginning with que, the dependent clause uses a subjunctive verb. It joins a long list of other French verbs expressing someones will, an  order, a need, a piece of advice or a desire; they all also need the subjunctive in the que subordinate clause. 'Souhaiter' and 'Souhaiter Que' When used with  que, souhaiter becomes souhaiter que (to hope that), which introduces a dependent clause that uses the French subjunctive.  Souhaiter que is all about the emotion of hoping.  Thus, it fulfills the subjunctives basic requirement  of  expressing actions or ideas that are subjective or otherwise uncertain.   Ã‚  Je souhaite quil vienne.I hope that he comes.   Ã‚  Ã‚  Souhaitons  que tout aille bien.We hope that all goes well.   Ã‚  Il est  Ã‚  souhaiter que...It is to be hoped that... As with souhaiter que, the French subjunctive  is nearly always found in dependent clauses introduced by  que  or  qui, and the subjects of the dependent and main clauses are usually different, as in:   Ã‚  Je veux que tu le fasses.I want you to do it.   Ã‚  Ã‚  Il faut que nous partions.It is necessary that we leave. French Verbs and Expressions Similar to 'Souhaiter Que' Here are other verbs and expressions that, like souhaiter que, communicate someones will, an  order, a need, a piece of advice, or a desire. They all require the subjunctive in the dependent clause that  begins with que.  There are many other types of constructions that require the French subjunctive as well, which are listed and explained in the full-on  subjunctivator  (our term). aimer mieux que   to prefer thatcommander que  Ã‚  to order thatdemander que  Ã‚  to ask that (someone do something)dà ©sirer que  Ã‚  to desire thatdonner lordre que  Ã‚  to order thatempà ªcher que*  Ã‚  to prevent (someone from doing something)à ©viter que*  Ã‚  to avoidexiger que  Ã‚  to demand thatil est souhaiter que  Ã‚  it is to be hoped thatil est essentiel que  Ã‚  it is essential thatil est important que  Ã‚  it is important thatil est naturel que  Ã‚  it is natural thatil est nà ©cessaire que  Ã‚  it is necessary thatil est normal que  Ã‚  it is normal thatil est temps que  Ã‚  it is time thatil est urgent que  Ã‚  it is urgent thatil faut que  Ã‚  it is necessary that / we mustil vaut mieux que  Ã‚  it is better thatinterdire que  Ã‚  to forbid thatsopposer que  Ã‚  to oppose thatordonner que  Ã‚  to order thatpermettre que  Ã‚  to permit thatprà ©fà ©rer que  Ã‚  to prefer thatproposer que  Ã‚  to propose thatrecomm ander que  Ã‚  to recommendsouhaiter que  Ã‚  to wish thatsuggà ©rer que  Ã‚  to suggest thattenir ce que  Ã‚  to insist thatvouloir que  Ã‚  to want to *These verbs are followed by the more formal  ne explà ©tif,  in which only ne is used in negations (without pas), as in:   Ã‚  Ãƒâ€°vitez quil ne parte.Prevent him from leaving.

Saturday, November 2, 2019

Performance of Saudi Stock Market Research Paper

Performance of Saudi Stock Market - Research Paper Example According to Alshogeathri (2011), the Saudi stock market has experienced six major market collapses since it was formalized in 1984. During these collapses several million worth of investments was lost by the investors and the substantial debts accrued by the investors (Alshogeathri, 2011). This in return has turned major investment funds and mutual funds out of the market due to volatility. This is the main reason why the Saudi stock market continues to be dominated by individual, and mostly retail, investors. In comparison to other developing markets, Saudi Arabia’s stock market is grown in tandem with those economies. In particular with the Gulf Cooperation Countries (GCC), the Saudi market has enjoyed more liberalized trading environment after the restructuring of the bourse in 2005. Most legal restrictions that had been imposed on the bourse were lifted, paving the way for a more integrated market (Marashdeh & Shrestha, 2010). Though Saudi Arabia’s stock market con trols approximately 35%-40% of the total traded volumes in the GCC, its market continues to face challenges that require it to have a more integrated approach to its neighbors.Marashdeh and Shrestha (2010) argue that the liberalization of the economies in the GCC markets has contributed to the increasing number of foreign investors in the GCC stock markets. Saudi Arabia’s market has benefited from this new wave. The number of foreign corporate investors in the market is increasing, though still the market is largely dominated by retail traders... Marashdeh and Shrestha (2010) argue that the liberalization of the economies in the GCC markets has contributed to the increasing number of foreign investors in the GCC stock markets. Saudi Arabia’s market has benefited from this new wave. The number of foreign corporate investors in the market is increasing, though still the market is largely dominated by retail traders. The fact that the market is susceptible to huge collapses has kept foreign corporate investors away from the market. This is steadily changing with changes in the governance structure of the market and the investment environment. Seeking further market integration with other GCC economies strengthens the Saudi market. The major downside of the Saudi market is the restriction on investment avenues by foreign investors. Foreign investors can only participate in the market through mutual funds managed by Saudi banks (Marashdeh & Shrestha, 2010). In comparison with other markets in the GCC, a Saudi investment cei ling of 25% foreign investment is a barrier to growth of the market. Other researchers that have done much of work in the area of performance of the Saudi stock market, such as Fama (1991) and Al-Saleh and Al-Ajmi (2012), are in agreement that efficient allocation of ownership of the economy across various sectors is the prime objective of a capital market. This means that the Saudi economy, with all other external factors remaining constant, should grow at the rate of the stock market growth. This is not the case in Saudi Arabia as shown by the many stock market collapses while the economy was growing. In this paper the researcher will review the existing literature on the performance of the Saudi stock market,