Tuesday, December 24, 2019

Essay on The Striding Apis Bull - 826 Words

The Striding Apis Bull The Apis Bull originated in Memphis, cult of Serapis during the reign of Ptolemy I. Serapis was the god whose association with Osiris, the god of the dead, formed the name Asar-Hapi. Asar is the Egyptian name of Osiris and Hapi was the name given to the Apis Bull which was the object of worship at Memphis. The Greeks combined the two together to form Zaparrus. Even though it is not quite clear, it is certain that Serapis is the shape Apis took after death. â€Å"Apis is called the â€Å"life of Osiris, the lord of heaven, tem (with) his horns (in) his head .†He is said to give life, strength, and health to thy nostrils forever.† At the beginning of the new Empire Osiris and Apis are united by priests of Memphis to†¦show more content†¦Once the he was chosen he was brought to Memphis where he was enthroned in his own palace located south of the temple Ptah. Everyday he was let free to roam in the courtyard of the temple for devotees to observe. They believed that the bull’s movements could fortell the future. The Apis Bulls birthday was celebrated with a festival, and on his twenty-fifth birth year he was killed. Devotees drowned, mummified, and entombed the mummy in the Serapeum.† The Serpeum was an underground chamber in the temple. It is also known as Saqqar Necropolis. â€Å"Here he is mourned for seventy days.† This ritualistic killing was probably very symbolic of the sacrificial slaying of the king, which was a rite common in pre dynastic times. â€Å"After the bulls death a new incarnation of the god was sought, and when the right calf was found, the process was begun again.†3 The Striding Apis Bull is 18x22 7/8 inches. It is carved out of Serpentinite and has a dark polished look to it. The body structure of the bull is carved in proportion and has a nice smooth surface. The shape of the bull is very round and natural. However, below its horns on the back of its neck there are rough white lines that have been carved out. I can clearly tell that these lines have symbolic meaning. The lines roughly cross the neck and upper back forming an interesting pattern. The bull looks as

Sunday, December 15, 2019

Mandela Free Essays

Nelson Rolihlahla Mandela was a South African anti-apartheid revolutionary, politician, and philanthropist who served as President ot South Africa trom 1994 to 1999. He was south Africa’s first black chief executive, and the first elected In a fully representative democratic election. HIS government focused on dismantling the legacy of apartheid through tackling Institutionalized racism, poverty and Inequality, and fostering racial reconciliation. We will write a custom essay sample on Mandela or any similar topic only for you Order Now Politically an African nationalist and democratic socialist, he served as President of the African National Congress from 1991 to 1997. Internationally, Mandela was Secretary General of the Non-Aligned Movement from 1998 to 1999. A Xhosa born to the Thembu royal family, Mandela attended the Fort Hare University and the University of Witwatersrand, where he studied law. Living in Johannesburg, he became involved in anti-colonial politics, joining the ANC and becoming a founding member of its Youth League. After the South African National Party came to power in 1948, he rose to prominence in the ANC’s 1952 Defiance Campaign, was appointed superintendent of the organization’s Transvaal chapter nd presided over the 1955 Congress of the People. Working as a lawyer, he was repeatedly arrested tor seditious activities and, with the ANC leadership, was unsuccessfully prosecuted In the Treason Trial from 1956 to 1961 Although Initially committed to non-violent protest, he co-founded the militant umkhontowe Slzwe In 1961, In association with the South African Communist Party, leading a sabotage campaign against the apartheid government. In 1962, he was arrested, convicted of conspiracy to overthrow the state, and sentenced to life Imprisonment in the Rivonia Trial. c Mandela served over 27 years in prison, Initially on Robben Island, and later in Pollsmoor Prison and Victor Verster Prison. An international campaign lobbied for his release. He was released in 1990, during a time of escalating civil strife. Mandela joined negotiations with President F. W. de Klerk to abolish apartheid and establish multiracial elections in 1994, in which he led the ANC to victory and became South Africa’s first black president. He published his autobiography in 1995. During his enure in the Government of National unity he invited several other political parties to join the cabinet. As agreed to during the negotiations to end apartheid In South Africa, he promulgated a new constitution. He also created the Truth and Reconciliation Commission to investigate past human rights abuses. While continuing the former government’s liberal economic policy, his administration also Introduced measures to encourage land reform, combat poverty, and expand healthcare services. Internationally, he acted as mediator between Libya and the united Kingdom in the Pan Am Flight 103 bombing trial, and oversaw military Intervention In Lesotho. He declined to run for a second term, and was succeeded by his deputy, Thabo Mbeki. Mandela became an elder statesman, focusing on charitable work in combating poverty and HIWAIDS through the Nelson Mandela Foundation. mandela By ericJang politician, and philanthropist who served as President of South Africa from 1994 to 1999. He was South Africa’s first black chief executive, and the first elected in a fully representative democratic election. His government focused on dismantling the egacy of apartheid through tackling institutionalized racism, poverty and inequality, Johannesburg, he became involved in anti-colonial politics, Joining the ANC and repeatedly arrested for seditious activities and, with the ANC leadership, was unsuccessfully prosecuted in the Treason Trial from 1956 to 1961. Although initially committed to non-violent protest, he co-founded the militant Umkhonto we Sizwe in 1961, in association with the South African Communist Party, leading a sabotage conspiracy to overthrow the state, and sentenced to life imprisonment in the Rivonia Trial. c Mandela served over 27 years in prison, initially on Robben Island, and later in tenure in the Government of National Unity he invited several other political parties to Join the cabinet. As agreed to during the negotiations to end apartheid in South the former government’s liberal economic policy, his administration also introduced services. Internationally, he acted as mediator between Libya and the United Kingdom in the Pan Am Flight 103 bombing trial, and oversaw military intervention in combating poverty and HIV/AIDS through the Nelson Mandela Foundation. How to cite Mandela, Papers

Saturday, December 7, 2019

Market Culture Is Vital In International Business †Free Samples

Question: Discuss About The Culture Is Vital In International Business? Answer: Introduction The Study of Market Culture is vital in international business, importantly in the current environment of business. Every country has different values and attitude, social structure, manner and customs, religion and business concepts. Every aspects of culture will have some effect on the efficiency in international business and more attention should be paid to it. The chosen host country in this report is China. It is the second biggest economy on the planet. It is additionally the biggest exporter of merchandise on the planet and the most lucrative market in the planet. China is also the most populous country in the planet with over 1.38 Billion people and has a very diverse culture. Covering almost 9.6 million kilometers China is the second largest country in terms of lead area. It is also to be noted that China is the worlds largest trading power and trade value with excess of 3.87 trillion US Dollar in 2012 (China country profile - BBC News, 2017). The aim of the report is to provide insights of the marketing culture of China and how it is different from that of United States. It is also to highlight the cultural factors that must be taken into consideration while doing business in China. Rationale for choosing China The rationale to choose China over other countries is due to many factors and reasons. Firstly, China is a developing and emerging nation with a population over 1.38 billion and a GDP of 11.2 trillion US dollar as of 2016. Moreover , in accordance to the statistics provided by World Bank, China has the cheapest and the largest labor force of over 700 million workers, allowing business the enticing opportunity to acquire a lot of manpower over there. In comparison to other emerging countries, the Chinese populous has better literacy rate of over 91% than counterparts like India which has around 61% literacy rate, in accordance to CIA World Fact Book. With China having a large pool of skilled labor and the tremendously low employment cost in China, business will be able to generate much higher revenue as there is a huge saving on labor cost (Shambaugh, 2013). Businesses in China has the liberty to start and even expand their operation as China has enough land to do so and the government is keen to have more foreign investment in the economy. Land is also easy available for business due to the fact that government encourages expansion of industry and business (Tian, 2016). With such an opportunity of business expansion, companies will be earning more profits in the long run.al these factors provide an insight to the fact that China is a very promising and lucrative market for businesses to enter. Cultural Analysis of China China as we know is a very big country which has a very distinctive culture when compared to other countries. Its 1.38 billion populous has more than 56 unique ethnic groups. The biggest of these ethnic groups is the Han ethnic group and makes up around 92% of the aggregate population of China. Whatever is left of the 8% of the aggregate populace of China consists of Mongolian, Hui, Dong, Miao, Manchu, Yao, Tibetan, Zhuang and other smaller ethnic groups. There is a very diverse range of religion in China which includes Taoism, Dongba, Christianity, Islam, Shamanism and Buddhism. With such diversity in ethnic groups and religions it can be stated that China has a very unique cultural landscape (Kleinman Lin, 2013). Business Culture in China Confucius Philosophy: The great philosopher Confucius had a great influence on the Chinese culture. His philosophy guided the way to attain happiness and also influences every individual by guiding them to understand and to comply with the responsibility an individual has. Confucius rules state that, every student obey and show utmost respect to their teachers and mentors, the children to obey and respect their parents in every conceivable way and the wife should listen to the husband. It also states the every individual human being believes in the value of seeking no appreciation on the basis of the achievements achieved by them. There is also a belief that anything that has been done correctly has to be taken into consideration on the way it will affect others (Goldin, 2017). Non Verbal Communication In Chinese culture, there is a trend of non-verbal communication as a part of regular communication between two individuals and also between two or more cultures. The Chinese communication relies on a lot of facial expressions and body posture which enables them to assess how the other person is feeling, making gestures with hands is perceived as rude and offending and also there are hand gestures for introduction and goodbye. Frowning is considered as an act of disagreement (Wachner, 2013) . Therefore during conversations Chinese national generally remain very calm and considers eye contact very disrespectful during conversations where as in western cultures it is disrespectful not to have eye contact during conversations. Thus non- verbal communication is essential when doing business in the country of China. Business Relationships Chinese business relationship definitely turns into a social relationship before long. Dissimilar to Western business relationship which stays proficient and maybe, reserved, even after quite a while, Chinese business relationship turns into a social one. The more you share your own life, including family, pastimes, political perspectives, goals, the nearer you are in your business relationship (Tian, 2016). Moreover, a considerable measure of time is spent examining matters outside of business, the other party is additionally deciding on ones arrangement in light of the amount he sees ones association with him. Lunch or Dinner There is no business talk in China without an outing to a restaurant. Some of the time, a trip is made to the eatery even before any business dialog occurs. Unavoidably, the eatery will dependably be a fabulous one and you are probably going to be facilitated in a private room. There are generally detailed seating arrangements for the Chinese business supper. There are fixed seating positions for the host and the visitor and the seating are situated again as in accordance to seniority This is a vital part of a formal supper and it is imperative that a foreigner take after the standards likewise. Moreover, it appears that the Northern Chinese are extremely specific to this formal seating arrangement while the Southern Chinese has slackened the customs fairly (Bedford, 2016). Business Culture in United States Communication Style In general, the most used style of communication in American Business culture is to the point and friendly. People are expected to express themselves politely but clearly. It is assumed that a person should ask directly if the person has any difficulty in understanding or do not know something (McLuhan, 2015). From one perspective, a person ought to come to the heart of the matter soon and not talk around the issue. Then again, people have to abstain from being considered as excessively negative or inconsiderate in any discussions. An excessive amount of obtuseness seems amateurish, thus do huge enthusiastic shows in an open setting, particularly in the event that a person voice negative emotions like dissatisfaction or outrage (Bargiela-Chiappini Nickerson, 2014). Dress for Success For People in the US dress code is used to establish a decent first connection. The key is to pitch oneself to the new business and different workers. A persons appearance is a part of that. In any case, clothing regulations fluctuate generally among locales and fields of business in the United States. For example a Wall Street agent will wear a suit to work, while start-up representatives in Silicon Valley may appear in shorts and shirt during office hours (Manthey, 2017). As a general guideline, people in US tend to be marginally overdressed instead of underdressed for any prospective employee meet-up, an underlying meeting, or at the first day of work. American workplaces with a formal business culture regularly have Causal Friday when employees are permitted to wear a more casual outfit (Scranton, (2014). Hofstedes Cultural Dimensions According to the cultural dimension theory of Geert Hofstede, a total of six dimensions are available which can be utilized to analyze the culture of a given country. The six dimensions are namely, Power Distance, Uncertainty Avoidance, Indulgence versus Restrain, Pragmatic versus Normative, Masculinity Versus Femininity and Individualism versus Collectivism (Mazanec et al., 2015). Power Distance Power Distance evades to how much the less successful people from a relationship inside a country expect and recognize that power is coursed is unequal. As per Hostefde Cultural Model, China was given a score of 80 on power distance contrasted with US with a score of 40. The ranking demonstrates that inequality among individuals in china is acceptable (Daniels Greguras, 2014). The power distance amongst representatives and chiefs is enormous and workers have no resistance against abuse of energy by their administrators. People acknowledge authorization and always keep a positive mind-set with the superiors better capacity to lead and ought not to outperform above them (Yuan Zhou, 2015). Uncertain Avoidance Uncertain avoidance alludes to, the degree on how the individuals from the way of life feel threatened by indeterminate circumstances and have made convictions that they endeavor to maintain a strategic distance from (Zhang Zhou, 2014). China was given a score of 30 which is low and in spite of the fact that their standards were strict however they can be more adaptable in the real circumstance. The Chinese dialect is loaded with various implications which are hard for the western to cooperate with the Chinese while the Chinese are more versatile (Erdogan, 2015). Indulgence versus Restrain Indulgence alludes to, the degree where individuals attempt to control their desires and motivations. Restraint alludes to, the degree where individuals control their longings. China has a score of 24 where it is viewed as a limited culture. The Chinese culture tends to expect the most exceedingly terrible things that might transpire (Kaplan Montiel, 2016). They do not put much time on relaxation and controlling their goals. In this manner, they have the recognition that they are controlled by entertaining themselves. Pragmatic versus Normative Pragmatic alludes to, how every general public keep up a few contacts with their past while managing the present and future. Normative alludes to society who wants to keep up with time-regarded customs while seeing the general societal changes. China scored 87 which demonstrate that their way of life is extremely pragmatic. The Chinese person believes that reality relies upon the circumstance itself and they have a tendency to adjust to various conditions. They tend to save and contribute while sparing in the meantime in order to prevail in whatever they are doing (Rescher, 2014). Masculinity versus Femininity Masculinity alludes to, the society will probably exceed expectations by rivalries, accomplishments and achievement. Femininity alludes to the predominant significance in the public eye is the lifestyle and how people tending to each other. China was given a score of 66 which demonstrates that they are a masculine society whom is achievement driven and oriented while US had a score of 62 (Hofstede, 2016). This demonstrates numerous Chinese put work in as their first priority while family and recreation time comes next as relaxation time is not as of significance when contrasted with progress (Hofman Newman2014). Individualism versus Collectivism Individualism alludes to, the degree of reliance a general public keeps up among each other. It concerns principally on how individuals consider themselves as far as I or We. An Individualist just takes care of their family and themselves while a Collectivist get themselves more suitable to be in a gathering that can care of each other which thus generates loyalty. Under the grading for individualism, China was given a score of 20 and US received a score of 91 (Cho et al., 2013). The rankings demonstrated that china is a place with an exceedingly collectivist society where individuals serve the enthusiasm of the aggregate gathering. This implies connections between associates are close and they coordinate with each other to achieve future objectives. It is also seen that US is a very individualistic nation (Van Hoorn, 2015). Recommendations China, being a culturally one of a kind nation, it is indispensable to comprehend and observe some social know-how when one needs to begin a business there. For example, it is critical to get a solid intermediate when beginning up a business channel as the Chinese don't effortlessly have trust in other individuals. Besides, the Chinese puts incredible significance to positions and relationship henceforth it is vital for one to pick the correct individual as a delegate of the business substance, when making a business bargain. It is imperative to develop great associations with the other party as this will realize extraordinary open doors for every one of the organizations. In conclusion, the Chinese conceives that dependability is an imperative issue in this manner one must be early al all times. Conclusion With everything taken into account, the Chinese culture requires a ton of ward systems and relationships to keep the business going strong. Blessings and gifts is fundamental factor between two unique cultures as a noteworthy token of regard which manufactures great associations with their business accomplices whom can help each other in their business and furthermore their group or social circle. In relations to Hofstede's Cultural Dimensions, China ranks very high as far as power distance is concerned which demonstrates that there is a high level of inequality that is widely accepted among the Chinese. With their exceptionally collectivist culture, the Chinese has a preference to think and go about as a group instead of acting as spate individuals. Besides, with their masculinity attributes, they are extremely focused and achievement oriented. In this manner, with the end goal for business to succeed, outsiders need to bear in mind China's social measurements before intending to enter the China market for business. References Bargiela-Chiappini, F., Nickerson, C. R. (2014). Writing business: Genres, media and discourses. Routledge. Bedford, O. (2016). Crossing Boundaries: An Exploration of Business Socializing (Ying Chou for Guanxi) in a Chinese Society.Psychology of Women Quarterly,40(2), 290-306. China country profile - BBC News. (2017).BBC News. Retrieved 12 August 2017, from https://www.bbc.com/news/world-asia-pacific-13017877 Cho, Y. N., Thyroff, A., Rapert, M. I., Park, S. Y., Lee, H. J. (2013). To be or not to be green: Exploring individualism and collectivism as antecedents of environmental behavior. Journal of Business Research, 66(8), 1052-1059. Daniels, M. A., Greguras, G. J. (2014). Exploring the nature of power distance: Implications for micro-and macro-level theories, processes, and outcomes. Journal of Management, 40(5), 1202-1229. Erdogan, B. (2015). The Role of Uncertainty Avoidance in Foreign Investment Bias. Goldin, P. R. (2017). After Confucius: Studies in Early Chinese Philosophy. University of Hawai'i/Hawai i Press. Hofman, P. S., Newman, A. (2014). The impact of perceived corporate social responsibility on organizational commitment and the moderating role of collectivism and masculinity: Evidence from China. The International Journal of Human Resource Management, 25(5), 631-652. Hofstede, G. (2016). Masculinity at the national cultural level. Kaplan, J., Montiel, I. (2016). East vs. West Approaches to Reporting Corporate Sustainability Strategies to the World: Corporate Sustainability.Comparative Perspectives on Global Corporate Social Responsibility, 49. Kim, S. (2017). National culture and public service motivation: investigating the relationship using Hofstedes five cultural dimensions. International Review of Administrative Sciences, 83(1_suppl), 23-40. Kleinman, A., Lin, T. Y. (Eds.). (2013). Normal and abnormal behavior in Chinese culture (Vol. 2). Springer Science Business Media. Manthey, K. (2017). Dress for Success. Surviving Sexism in Academia: Strategies for Feminist Leadership, 178. Mazanec, J. A., Crotts, J. C., Gursoy, D., Lu, L. (2015). Homogeneity versus heterogeneity of cultural values: An item-response theoretical approach applying Hofstede's cultural dimensions in a single nation. Tourism Management, 48, 299-304. McLuhan, M. (2015). Culture is our business. Wipf and Stock Publishers. Rescher, N. (2014). A System of Pragmatic Idealism, Volume II: The Validity of Values, A Normative Theory of Evaluative Rationality (Vol. 2). Princeton University Press. Scranton, P. (Ed.). (2014).Beauty and business: commerce, gender, and culture in modern America. Routledge. Shambaugh, D. L. (2013). China goes global: The partial power (Vol. 111). Oxford: Oxford University Press. Tian, X. (2016). Managing international business in China. Cambridge University Press. Van Hoorn, A. (2015). Individualistcollectivist culture and trust radius: A multilevel approach. Journal of Cross-Cultural Psychology, 46(2), 269-276. Wachner, T. (2013). Business culture in China: Lessons learned from a US based non-profit. Drake Management Review, 3(1), 1-11. Yuan, F., Zhou, J. (2015). Effects of cultural power distance on group creativity and individual group member creativity. Journal of Organizational Behavior, 36(7), 990-1007. Zhang, X., Zhou, J. (2014). Empowering leadership, uncertainty avoidance, trust, and employee creativity: Interaction effects and a mediating mechanism. Organizational Behavior and Human Decision Processes, 124(2), 150-164.

Saturday, November 30, 2019

Reilyism Speech Essays - Religion And Abortion, Abortion, LIFE

Reilyism Speech Matchmaker.com: Sign up now for a free trial. Date Smarter! Reilyism Speech The founding of entire nation was forged on the principle that all men are created equal under the law. This is the essence of our Declaration of Independance and the philosophy behind the Constition. We, through history, have made certain that ALL people in this country have equality before the law. We have set uup the premise that all people are equal before the law. Lady Justice is blind to Race, Religion, _________ . We have declared that there is no such thing as sub-humans-and that NO human being's rights are superior to another human being. If we want to live by the premises that we set up in this country, then we cannot overlook ANY human being-NO ONE can be excluded. There are, however, a human beings that is ignored the protection to thier rights to life everyday. The aborted children. I dare the negative to PROVE that a child in her mother's wound is alive! Does the negative actually believe that a human being is alive when and only when a human being has fully developed? If this is true, then most of here are not alive. The human specie is only fully grown at adulthood, many of us here are not adults yet-and by that definition, it wouldn't matter if your shot and killed on the street because"your not fully developed". We are a stage in development-teenager-just like a child is, just like a toddler is, just like an old man is, and just like a aborted child is. There is no magical transformation that occurs when a child is born. He has the same basic needs to survive before he is born, and the same needs after he is born. The negative is going to attempt to make you believe that the differnce in quality of a unborn child is so great that these children do not resemble what we call alive. They want you to believe that a unborn child cannot feel pain. Can an unborn child feel pain? If it can, then does that not resemble life? If they do successfully make you accept this premise, then it becomes easy to abort a child. If you accept that an unborn child is not a eating, breathing, moving, human inside of a woman then thier life can have no value. But the answer is yes, a unborn child does feel pain. Now, I know it is hard for many of us to accept that we have been doing things wrong on such a basic level in this country, I know it's hard for many people to look back on beliefs that they have thought many times, but we must realize that unborn childeren ARE alive! Our country went through and the world went through a long persiod of time where Whites believed that Blacks were actually sub-human! If someone accepted that a Black person was a sub- human, then it became easy to continue slavery, and it became easy to abuse or ignore thier rights to life. We have disproved this premise in modern time, not ignoring the facts. In Hitler's Holocost, German soliders forced themselves to truly believe that the Jews were lower beings. We cannot ignore the facts, we cannot imitate these Nazi's and operate on the premise that there are lower human beings. We cannot hide it! Killing a living human being is murder-and murder is against the the law. I dare the negative to say that a Unborn Child is not a human being! I dare the negative to say that a unborn child is not alive! and I dare the negative to say that he would not mind being an aborted child! Last night, while writing this speech, I was shocked to hear for the first time, my mother tell me that before I was born, she had two abortions. It made me realize how close I am, how close I became to never have existing. It made me see that I could have had two little brothers or sisters that I would have loved. I dare all of you to really ask yourselves-would want to have been a aborted child. Would you would have wanted you life to be cut, before you could even be born into this world? When I was inside my mother, No one could ask me if I valued my life. I wouldn't have a right to live. If you were aborted you would NOT have a chance to ask for your life. If abortion

Tuesday, November 26, 2019

A Mistake That Taught You an Important Lesson Essay Example

A Mistake That Taught You an Important Lesson Essay Example A Mistake That Taught You an Important Lesson Essay A Mistake That Taught You an Important Lesson Essay Chapter 1: Basic concepts and terms This chapter answers the following questions: What is a dictionary? What are the different types of dictionaries? How can we describe a dictionary? What are the elements of a dictionary? What are the different kinds of information dictionaries provide? What is a dictionary? This is the first question one encounters when learning about dictionary skills or reading any book on lexicography (the art of compiling dictionaries). Defining the term dictionary is important to distinguish it from other reference books, which may look similar, like encyclopedias. Etymologically, the word dictionary comes from the Middle Latin word dictionarium, which means collection of words and phrases. This definition relates to the basic function of dictionaries which is listing the words of a language or a particular field of knowledge. This simple fact is the basis of all the definitions proposed for a dictionary. A dictionary is a book used as a reference source which contains lists of words arranged alphabetically or thematically, with explanations of their meanings (semantic information in monolingual dictionaries) or with their equivalents (in bi-, tri-, or multilingual dictionaries). They may also include more information related to orthography (spelling, alternate spellings), morphology (syllabification, word inflections, derivative forms, morphological paradigm), phonology (pronunciation, stress pattern), etymology (word history and origin), syntax (part of speech, verb type, noun type, etc), pragmatics (usage, frequency of use, style, context), and other semantic information (related words such as synonyms, antonyms). A dictionary may variously be referred to as: word book, lexicon, thesaurus, vocabulary, glossary, and concordance. However, each one of these is slightly different in scope. For example, a thesaurus (also from Latin, and which means a treasury or a storehouse) presents synonyms and antonyms; a glossary usually gives a list of terms confined to a particular domain of knowledge with definitions. What distinguishes a dictionary from these different types is that none of them provides all the different kinds of linguistic information a dictionary provides. Use thesaurus in a Sentence See images of thesaurus Search thesaurus on the Web Types of dictionaries: Dictionaries vary in coverage, size, and scope. They can be classified on the basis of different criteria. Knowing the types of dictionaries available is very important to decide which ones to buy or use. The following criteria are used to classify dictionaries: 1) Number of languages: Monolingual dictionaries are written in one language only. Each word is followed by its meaning or various meanings and probably other information related to pronunciation, grammar, or word history. Bilingual dictionaries are written in two languages. Each word is followed by its equivalent or possible equivalents in another language. Bilingual dictionaries could be uni- or mono-directional; that is, they go in one direction only, from English to Arabic or vise versa. They could also be bidirectional; that is, the dictionary is divided into two parts; the first part is from Language 1 to Language 2, and the second one is from Language 2 to Language 1. Trilingual dictionaries are written in three languages. Multilingual language are written in more than two languages. 2) Age of the users: School dictionaries are intended for school students and they are graded according to childrens age: elementary, middle, and high school students. They are simplified versions of adult references. They may also be referred to as childrens dictionaries if they are intended for very young children. Adult dictionaries, on the other hand, are intended for adults and these are the ones that translators use and they include a variety of dictionary types such as college dictionaries, current language dictionaries, and unabridged dictionaries. 3) Size of the dictionary: This has to do with how fully a dictionary covers the lexicon of a particular language. The number of words is a measure of its relative size compared with other dictionaries in the same language. According to this criteria, dictionaries can be classified into the following. a) Unabridged dictionaries which are believed to include all the words of the English language (400,000 to 600,000 words). They give full coverage to the lexicon in general use and to specialized lexicon, with examples and all other information any dictionary could give. In other words, they provide complete and authoritative linguistic information. They are impractical for desk use because of their size and expense, but they are available in libraries and are important reference sources. Examples: Websters Third New International Dictionary (NID3), and Oxford English dictionary (OED) which has 20 volumes. Semis: The American Heritage Dictionary of the English Language, The Random House College Dictionary, Websters New World Dictionary of American English. They are called college dictionaries because they are often used by college students. c) Desk dictionaries include from 60,000 to 100,000 words. Examples: The American heritage dictionary, Merriam-Websters Collegiate Dictionary. They are called desk dictionaries because they are often kept on desks for frequent reference. College and desk dictionaries are often abridged versions of larger dictionaries. Some publishing houses use the term college to refer to both college dictionaries and desk dictionaries. Some other houses use the term concise to refer to desk dictionaries; e. g. Concise Oxford Dictionary, Longman Concise English Dictionary. d) Pocket size dictionaries, which include from 40,000 to 60,000 words; e. g. Pocket Oxford Dictionary. 4) Scope of coverage by subject: Subject-field dictionaries are confined to a special subject, such as law or medicine. Special-purpose dictionaries are limited to one aspect of language: collocations, slang, pronunciation, etymology, synonyms, usage, offensive and taboo words, spelling, dialect, neologisms, etc. A functional classification of dictionaries: For the purpose of the present course, which ultimately aims at training students to use dictionaries as professional translators, we will adopt the following classification that is based on the functions of dictionaries. Dictionaries are divided into two types: traditional and electronic dictionaries. I. Traditional (or regular) dictionaries: Traditional dictionaries are printed dictionaries (paper /print dictionaries). They are divided into four main categories: linguistic, visual, picture, and encyclopedic dictionaries. 1) Linguistic dictionaries are dictionaries that are concerned with words and provide linguistic information and may contain some pictures or illustrations. They are further divided into four types: general, learner, children, and specialized dictionaries. a) General-purpose dictionaries deal with the common words of a language and are compiled by language experts. They may be mono- or bilingual. They may be explanatory and help readers to understand a word meaning, its pronunciation, spelling, usage, etc. They may be translation dictionaries providing word equivalents. Explanatory and translation dictionaries may be unabridged, college, desk, concise, or pocket dictionaries. General-purpose dictionaries could also be production dictionaries (alternatively called activators) which are very useful in writing; they guide you as to which words or expressions to use to express similar or different ideas. They focus on use or meaning in context and on oral usage, rather than explaining their meanings. The first production dictionary is: Longman Language Activator: The Worlds First Production Dictionary (1993), Longman Essential Activator (intermediate level). The lexical information is organized around approximately 1000 key terms that serve as focal points for crucial sets of concepts. b) Learners dictionaries are aimed at students learning a language. Examples: Oxford Advanced Learners Dictionary, Collins Cobuild English Dictionary, Macmillan English Dictionary for Advanced Learners. c) Children dictionaries are very simplified versions specifically written for children. ) Specialized dictionaries are divided into two types: subject field dictionaries and special purpose dictionaries. Subject field dictionaries are limited to the vocabulary of specific scholarly areas or fields of knowledge such as medicine, law, religion, business and commerce, literature, military affairs and politics, etc. The rapid growth and development, and specifications in all the fields of knowledge has resulted in generating of new words or specialized terms for which the general dictionaries do not provide adequate information. Therefore, it became necessary to compile subject dictionaries which are devoted completely to specific subject fields. As a result many subject dictionaries and glossaries in Humanities, Social Sciences and Science ; Technology are coming out day-by-day. They are compiled by the experts in the different subject fields. Special purpose dictionaries deal with different aspects of language such as collocations, slang, idioms, phrasal verbs, neologisms, abbreviations, language varieties and dialects, synonyms and antonyms, pronunciation, etymology, usage, grammar, word frequencies, etc. ) Visual dictionaries tend to be complete dictionaries and rely on illustrations and photos or pictures; e. g. Merriam-Websters Visual Dictionary Online. 3) Picture dictionaries are often organized by topic instead of being an alphabetic list of words. They include only a small corpus of words because they are often intended for children. They may be mono-, bi-, or multilingual. 4) Encyclopedic dictionar ies has encyclopedic features; their concern is not the words of a language but rather with facts about things, objects, or people; e. . The Hutchinson Concise Encyclopedic Dictionary. II. Electronic dictionaries: An electronic dictionary is an electronic reference resource that contains a library of words and their meanings, spellings, and etymologies. They can be 1) portable (or handheld), battery-operated devices; 2) dictionary programs (on CDs) , or software running on PDAs or computers and which allow words or phrases to be input and translated; or 3) web based dictionaries accessible via the internet. Electronic dictionaries are more convenient than paper dictionaries and much faster to search. Examples of some online dictionaries: AskOxford Compact Oxford English Dictionary of Current English, Cambridge Dictionaries Online Cambridge Advanced Learners Dictionary, Dictionary. com Dictionary. com Unabridged v. 1. 1 and American Heritage Dictionary of the English Language, Fourth Ed, Longman Longman Dictionary of Contemporary English, Merriam-Webster OnLine Merriam-Webster Online Dictionary, Oxford University Press Oxford Advanced Learners Dictionary Dictionaries Traditional Dictionaries Electronic Dictionaries Portable devices CDs Online dictionaries Linguistic Visual Picture Encyclopedic General Learners Children Specialized Explanatory Production (Activators) Mono, college, desk, concise, pocket Explanatory Production Translation Explanatory Translation (monolingual) (bilingual) unabridged college or pocket college or desk Terminology (religious, literary, political, scientific, medical, etc) (mono and bi) concise Collocation, slang, idioms, phrasal verbs, common errors, neologisms, abbreviations (mono) pocket Synonyms, antonyms, thesaurus, production dic or activators (mono) Pronunciation, etymologies, usage, grammar, word frequencies, (mono) College, concise, pocket monolingual college or pocket Exercise: Find the following words in your dictionary, if you cant find them think of a reason to explain that: car cumdump goo gonzo coasthenia (psy) to smell to high heaven abarticulation (med) howitzer gun (mil) schlub action agent (mil) What type should you buy or use? Dictionaries are used by native speakers, language learners, or translators. Native speakers use dictionaries to help them in writing or in understanding unfamiliar words or phrases. For this purpose they use adult (unabridged or college) monolingual dictionaries. Language learners need learners monolingual dictionaries, whether elementary, intermediate, or advanced dictionaries depending on their level of language proficiency. Translators, on the other hand, need both mono- and bilingual dictionaries. They are advised to choose the most recent editions of college or unabridged dictionaries, as the other types of dictionaries are limited in their vocabulary coverage. They are also advised to have different types of specialized dictionaries of: idioms, collocations, phrasal verbs, usage, specialized terminology (religious, legal, political, medical, literary, military, psychological, scientific, etc). Elements of dictionaries: The elements of any dictionary can be discussed in terms of two levels: the macrostructure and microstructure. The macrostructure is concerned with dictionary features such as the front matter, the end or back matter, entry organization. The microstructure is limited to the structure of entries and the kinds of information they provide. We will discuss these two levels in detail in the following chapter on general monolingual dictionaries.

Friday, November 22, 2019

Ancient Mayan Civilization

The ancient Mayan civilization of the ancient Mayan civilization was built on a strict social structure based on religious beliefs. They use caste social structure where differences are based on wealth, inheritance level, privilege, occupation or occupation. Their beliefs are based on the fact that elements of nature have the power to help and hurt. Ancient Mayas used their social structure and beliefs to shape their daily lives. Maya is a very devout person. They believe in many gods. Maya's ancient Mayan civilization settled in Yucatan Peninsula around 900 AD. This civilization was one of the most advanced civilization of those days. They created their own religion, language, mathematical structure, highly accurate calendar and many other things. Maya's lifestyle is their religion. They have polytheism praising many gods. Every God has something to worry about whether they rule. Chac is the god of rain, Kinich Ahau is droughty. Sweat covered his whole body and made him shine under the noon sun like the god of glory which comes down from the sky. But he is not a god. He participated in the architectural project of the famous Mayan town of Copan with an unintentional slave. Maya rose in the year 250 AD and had a huge civilization that fell around the year 900 AD. They live in an area called Central America consisting of South America, Belize, Guatemala, El Salvador, Honduras. As a country, Maya is known for their numerous achievements. The ancient Mayan civilization contains about two-thirds of the Central American civilization. This area is also known mainly from volcanic mountains to porous limestones, as a lowland in the central area. Maya civilization extends from the northern Belize and the Yucatan Peninsula in Mexico to Honduras in the south. It is their complex society far beyond the current construction and modernization in the tropical rainforest climate that makes the Maya the most prominent (Aissen, 1992). General

Wednesday, November 20, 2019

Tort Law Ph.D. Case Study Example | Topics and Well Written Essays - 1250 words

Tort Law Ph.D. - Case Study Example Prior to the regulations on electronic music equipment, which were introduced in 1990's the present music equipment was very sensitive to electro-magnetic interference. After 1990's it has to comply with specific standards that make it more immune to this sort of interference, that the problem experienced by Mr Morris would not be encountered with guitars produced according to these regulations. The interference is due to the sensitiveness of the recording equipment the foreseeing of nuisance by the Railways does not arise. It would arise if the interference were caused because of the sensitivity of the TI 21. "Railtrack could not reasonably have foreseen that these track circuits could have caused problems of electromagnetic interference at a distance of 60 to 70 meters." The court believed that playing the guitar with sensitive electric and electronic music instrument such as an amplifier is not an abnormal but an ordinary enjoyment of property, it is feature of modern life and it is material for many younger generation's pleasure and also a vital part of the modern music generation. The trial court believed the fact that electromagnetic interference was caused not only to the complaint alone but it caused to other users of such instrument also well before the track circuit was installed within that vicinity. And therefore concluded the second issue that nuisance of electromagnetic interference to the complainant was foreseeable. (Graham Sinclair (2005), Neighbors and the Law (Chapter 5.10) Findings of the Court of Appeal The court of appeal recognized the issue as a sensitive and since there is no settled law adjudicating the electromagnetic interference as nuisance. Therefore the court has elaborately discussed the issues taking the settled law nearest to issues in this case. The court has made the following findings: The court of appeal felt that only interference to the comforts of standard average man is actionable. Interference to abnormal and sensitive enjoyments of his property does not come within the ambit of the actionable nuisance. In this regard the court also felt that no

Tuesday, November 19, 2019

Are Black Afro Caribbean boys underachieving within the Education Dissertation

Are Black Afro Caribbean boys underachieving within the Education system that are born in the UK - Dissertation Example Out of all the communities, debate about children of Caribbean heritage has been most controversial. There is no denial of the fact that Caribbean children are under achieving in UK. In 2004, according to National Statistics, the lowest levels of GCSE attainment were among black Caribbean pupils, particularly boys. Only 27% of black Caribbean boys and 44% of black Caribbean girls were said to have achieved five or more A*-C grade GCSEs. (BBC News 2009). The statistical release issued by Department for Children, Schools and Families at National statistics UK has reported that in 2008/9 44.3 percent of Black African pupils achieved a good level of development. This is 7.3 percentage points below the national average; this difference in achievement shows a reduction from 2008 when it was 10.7 percentage points. In 2009 27.3 percent of Black African pupils were classified as being in the lowest achieving 20 percent of pupils, this is a reduction from 2007 when 30.2 percent of Black Afric an pupils were classified as being in this group. 43.0 percent of Black Caribbean pupils achieved a good level of development. This is 8.6 percentage points below the national average; this difference in achievement has reduced from 2008 when it was 9.4 percentage points. ... It became evident that children were treated with discrimination, being called dull, slow learners, UN responsive, troublesome, dull, low achievers, backwards and UN intelligent. Observing all this, black parents moved to draw public attention and demanded government to take concrete actions. Since 1960 government took many actions and policy initiatives however to this day, concerns remain in air about educational performance of these children and their treatment. The low achievement of Caribbean children is in great contrast to high achievements by children of other minority ethnic groups in UK. There are many theories available to explain this problem. These theories include low IQ, genetics, poor self esteem, racism against society and schools, race politics in UK, poor quality of schools and poor home environments of children. It is an important observation that educationalists and government view this problem with different perspectives. This paper is an endeavour to understand why black British children of African Caribbean origin achieve less in academics and are subject of increased expulsion from schools. In the UK, in the 1960s and ‘70s, Black children were routinely labelled â€Å"educationally sub-normal† (ESN) and confined to ESN schools, also known as sin-bins. The parents often did not challenge the verdict of the teachers and the schools, but just accepted the situation. One reason for underachievement of students has been indifference of parents towards the situation. Educationalist Dr Tony Sewell from UK has researched and stated as late as September 2010 that institutional racism in education has no part to play in the educational failure of African

Saturday, November 16, 2019

Christian conceptions Essay Example for Free

Christian conceptions Essay Baldassare Castiglione’s work â€Å"The Courtier† has similar conceptions of grace and love when compared to with Christian conceptions. Baldassare Castiliogne characterizes the courtiers of Urbino as omini per virtu singulari (IV, 2, 446: men singular in worth[286]), emphasizing their grace and virtue they were able to exhibit throughout the entire passage. This also reflects the ways they were able to entice the imagination of the readers and make their (readers) minds more creative. Castiglione writes about the Urbino court and its inhabitants as a kind of ideal place where grace and virtue was heavily practiced. Most of the courtiers and ladies in the court possess only minor character flaws and petty foibles. In his writing, he idealizes them as civilized and perfectly restrained individuals who are devoid of serious personal vices and defects. In a sense, Castiglione wants to present them as ideal types, as the onorati esempi di virtu (IV, 2, 448: honored models of worthiness[287]) as can be read from his prologues where moral fortitude, scholarship and genuine love should emulate and be exuded by the readers even after reading the entire piece. The following excerpt from â€Å"The Courtier† shows that Lord Guidobaldo has lived an exemplary life worth of emulation by the other inhabitants. â€Å"When lord Guidobaldo di Montefeltro, duke of Urbino, passed from this life, I together with several other knights who had served him remained in the service of duke Francesco Maria della Rovere, heir and successor to Guidobaldos state; and as in my mind there remained fresh the odor of duke Guidos virtues and the satisfaction which I in those years had felt from the loving company of such excellent persons, as then frequented the court of Urbino†. (Letter, 1, 67-8) Castigliones goal in his work was to set his statements of praise for Urbino and its inhabitants in general and conventional terms. He did not cite the military exploits or civic triumphs of a character he praises, instead, he celebrates all of them for their virtu, (virtue) their ingegno, (ingenuity) their ottime qualit (high dignity). Instead, Castiliogne characterizes these exploits as a collective victory for the person he is giving life to. This also gives life to the colorful sceneries and animations to the story as this draws the attention of the readers. Castiliogne pursues the elevation of Urbinos image to an exemplary moral excellence and its value for posterity. In his first two prologues, Castiglione highlights the superiority of Urbinos inhabitants. In the prologue to Book III, Castiglione states that if Urbinos pastimes convince him of its excellence, he should be able to imagine easily how much greater the courtiers virtuous actions were (III, 1, 336). In the last prologue, Castiglione praises the courtiers directly as omini per virtu singulari (IV, 2, 446: men singular in worth[286]). He viewed the court as a paragon of moral exempla (IV, 2, 448: chiari ed onorati esempi di virtu). The court is presented as an ethical model not only to other existing courts at that time but also to the succeeding generations to come. Moreover, Castiglione confesses in the third prologue that he wrote his text carefully to faria vivere negli animi dei posteri (III, 1, 336: make it live in the mind of posterity[202]). Finally, as his culture upholds classical antiquity, he projects that the young and upcoming generation will envy his time because of the exemplary Urbino court. (III, 1, 336: forse per lavvenire non manchera chi per questo ancor porti invidia al secol nostro). Similarly, the virtues of grace and love which are present in Castiliogne’s work are also present in Christian morals and manners. Christian morals are a function of moral discernment and moral reasoning. For instance, James Gustafson stated that moral discernment refer to basic dispositions that are shaped in part by the faith and trust Christians have as they offer themselves up to God. Moreover, James Gustafson stated that the concept of moral discernment was related to moral reasoning. Gustafson explained that moral reasoning pertains to a character, or personal moral ability, which covers dispositions, traits, and actions of the moral agent. (Selnick, 1992). Castiliogne stated that the courtier is expected to serve and increase in favour with her Lady. He should instruct her in virtue and refrain from vice and dishonesty. He should speak truth all the time. This concern is evident in Christian morals and manners. According to Harring, the moral and religious value of our acts attains the peak level only when the fundamental option results in the conquest one’s energies and vision such that one’s motives and decisions come from the depth in which the Spirit moulds and guides. (Harring, 1978). Castiliogne exhorts the courtiers to be kind to their subordinates, to avoid flattery, to be wise in the relations with other states and to have good manners in speech and language. Moreover, the courtier must have â€Å"good utterance† and â€Å"sweet language† to the other personalities in the court and avoid offending other people. This exhortation finds a strong support in Christianity’s theological and ethical attention which has shifted away from the relations with the divine towards human relations to interpersonal human relations. (Post, 1990). This shift resulted in the sharp distinction between public activity and private relations. First, it highlighted the fact that the selfs relation with God does not necessarily impact on one’s neighbor. Second, it states that the divine intentions may not relate directly to an individual’s human flourishing. This re-evaluation of one’s faith highlights the moral dimensions of Christianity and renders faith as an essential and crucial aspect of living well. (Weaver, 2002) The old men then attack the change in customs in Urbino court which they perceive as reflective of moral decay. In response to this, Castiliogne countered that he is a judge who can state that there is no age, past or present that is either totally good or totally evil. Then in this excerpt, Castiliogne argued that it is the old men who have changed their behavior and not the courts. These old men lament their loss of youth, power, and vitality. This situation leads to nostalgia which distorts the truth about both past and present. This excerpt is as follows: ne dei passati piaceri riserva (lanimo) altro che una tenace memoria e la imagine di quel caro tempo della tenera eta, nella quale quando ci ritrovamo, ci pare che sempre il cielo e la terra ed ogni cosa faccia festa e rida intorno agli occhi nostri, e nel pensiero come in un delizioso e vago giardino fiorisca la dolce primavera dallegrezza. (The Courtier II, 1, 188) . . . and [the mind] retains of past pleasures merely a lingering memory and the image of that precious time of tender youth in which (while we are enjoying it), wherever we look, heaven and earth and everything appear merry and smiling, and the sweet springtime of happiness seems to flower in our thoughts as in a delightful and lovely garden. (The Courtier II, 1, 188) Similarly, Christian morality has shown interest in one’s personal ethical development. The flourishing of the self encompassing virtue ethics and spirituality reveals a post modern reassessment of the classical concepts and tools for reflecting on the selfs good. (Naussbam, 1994). Baldassare Castiliogne characterizes the courtiers of Urbino as omini per virtu singulari (IV, 2, 446: men singular in worth[286]), emphasizing their grace and virtue. Similarly, Christian morals and manners show the importance of all the human virtues required of the courtiers during the time of the Urbino court. The courtiers’ excellent speech, manners and deportment to their equals and subordinates exhibit a vivid example of their faith and their excellent human manners. Alongside the traditions and practices that the courtiers’ have shown, the author have clearly emphasized on the human manners that there should be equality among all others and in order to achieve a specific and unified goal, there should be subordination so that in the long run, there will be authority to be followed and rules are set on such manners. Works Cited: Castiglione, Baldassare. The Book of the Courtier. New york: Scribners Son, 1901. 7-439. James M. Gustafson, Moral Discernment in the Christian Life, in Gene H. Outka and Paul Ramsey, Norm and Context in Christian Ethics. New York: Charles Scribners Sons, 1968, p. 31. Haring, Bernard. Free and Faithful in Christ. New York: Seabury Press: A Crossroads Book, 1978, p. 85. Kolsky, Stephen D. Old Men in a New World: Morello da Ortona in the Cortegiano. Italica 75 (1998): 336-448. Long, Edward Leroy. A Survey of Recent Christian Ethics. New York: Oxford University Press, 1982. Martha Nussbaum. The Therapy of Desire: Theory and Practice in Hellenistic Ethics. Princeton, NJ: Princeton University Press, 1994. Post, Stephen. A Theory of Agape: On the Meaning of Christian Love. Lewisburg, PA: Bucknell University Press, 1990. Selnick, Philip. The Moral Commonwealth: Social Theory and the Promise of Community. Berkeley: University of California Press, 1992, p. 361. Weaver, Darlene. Self Love and Christian Ethics. Cambridge: Cambridge University Press, 2002. Webhorn, Wayne. Courtly Performances Masking and Festivity in Castigliones Book in the Courtier. University of Texas at Austin, 1978.

Thursday, November 14, 2019

Essay --

1. NAME OF THE SYSTEM E-Cab is a service of mobile Taxi application via online. 2. SUMMARY OF THE SYSTEM TO BE DEVELOPED E-Cab is a JoBa company, provide a complete taxi services using the latest equipment and technology to facilitate the travel of individuals in and around the Johor Bahru area. The value proposition is straight-forward for confirm your pickup point and order your cab with the press of a button. In seconds you’ll receive confirmation of the name, photo and car model/plate of your driver, and will be able to follow the vehicle’s location in real-time as it approaches you. You can save favorite addresses, check ride history and use many more features constantly being added. Since drivers are checked for compliance before joining the network, passengers do not need to worry about their safety and can simply enjoy their ride. E-Cab gives customers the opportunity to pay with a multitude of payment instruments. So, our customers can pay through debit and credit cards, account vouchers and also coupons. Other products being introduced are university student debit cards, private label cards, account cards, pre-paid single event cards and specialty payment cards. Our company pays our drivers and gives our customers a full account of their taxi transactions. As an added safety measure for both drivers and passengers, E-Cab cabs are fitted with Global Positioning Systems (GPS), which enable the cabs to be tracked or located in an emergency. All E-Cab taxi will be clean, well maintained, and inspected regularly for safety and comfort. E-Cab’s has a unique Global Positioning System (GPS) that pinpoints the nearing driver thus allowing the driver to give an accurate estimated time of arrival. The GPS will enable the company ... ... clean and tidy taxi, friendly and polite drivers, careful driving, most practical route taken, and drivers know more about maintenance/repair services. â€Æ' REFERENCES Easy Taxi. (2013). Easy Taxi: Your Taxi in One Clicks! Retrieved October 20, 2013, from Easy Taxi Web site: https://play.google.com/store/apps/details?id=br.com.easytaxi Softusvista Inc. Venture. (2010-2013). Malaysia Taxi Auto Fare. Retrieved October 20, 2013, from Taxiautofare.com: http://www.taxiautofare.com/my/Default.aspx The Atlantic Monthly Group. (2013). The Atlantic: Why You Can't Get a Taxi. Retrieved October 20, 2013, from The Atlantic Web site: http://www.theatlantic.com/magazine/archive/2012/05/why-you-cant-get-a-taxi/308942/ Wikipedia. (2013, June 25). Taxicabs of Malaysia. Retrieved October 20, 2013, from Wikipedia The Free Encyclopedia: http://en.wikipedia.org/wiki/Taxicabs_of_Malaysia

Monday, November 11, 2019

Beaches in the Algarve

Lagos boasts one of the biggest stretchaes of beaches in Europe—the Meia Praia. Situated halfway between the walk from Alvor to Lagos, its name was derived from â€Å"Meia† which means â€Å"half†. During the height of summer, Meia Praia offers tourists the opportunity to get way from the bustling crowds. It has sheltered beaches between the cliffs that offer some privacy, and has top-notch sporting facilities that have everything water sports aficionados might need. The lack of rock formations makes the Meia Praia ideal for various water activities.Because of Meia Praia’s width, its waters are generally calm, making it ideal for families with little children. Praia da Arrifana Praia da Arrifana is considered to be one of the more reasonably safe beaches for swimming, and is one of the best for family-friendly beaches near Aljezur. With its large, sandy beach and excellent facilities, it is ideal as a family getaway. Its open bay also offers great views of the sea and the surrounding vista. While Praia da Arrifana is a favorite among families during the high season, outside peak times, it is flocked by surfers, body boarders, and other water sports enthusiasts.Other activities include water-skiing and jet skiing. Praia da Bordeira Praia da Bordeira is a clam, quiet beach in the coast of Aljezur. It’s a great place for rest and relaxation—the beach is often deserted during low season and is less frequently visited than other beaches in the area during high season. With long sandy stretches of beach and plenty of sand dunes, Praia da Bordeira is suitable for long walks and exploring on foot. The beach can be reached by traveling north from Vila do Bispo, then going towards the sea after passing the small village of Carrapateira. Praia da CarriagemPraia da Carriagem is an isolated beach along the Costa Vicentina in the district of Aljezur. Unlike the surrounding beaches, it is not much frequented by people. It serves as a haven for nature lovers, as well as those wanting to explore coves, as well as nooks and crannies between cliffs. Praia da Carriagem is also an ideal place for enjoying some quiet time with activities like long walks and stargazing. Praia da Cordoama Praia da Cordoama in Costa Vicentina near Vila do Bispo Vila do Bispo is a wide, rugged stretch of beach situated in a huge bay surrounded by steep cliffs, with promontories along its sides.Its cliffs and promontories contribute to the steady wind quality, making it popular with surfers, paragliders, and other water sports enthusiasts. Praia da Dona Ana Probably the most popular beach on the Algarve, Praia da Dona Ana offers fantastic views of its rocks, cliffs, grottos, caves, and other natural formations. This small beach is located on â€Å"Golden Coast† of Lagos and is split in two by a cliff. The rock formations are breathtaking, stirring the imagination—rocks can take on various shapes like a gigantic ship, a Mayan t emple, and various animals, to name a few.One of the popular activities in this beach is touring cave and grottoes by boat. Praia da Falesia Praia da Falesia in the west of Vilamoura features long stretches of sandy beaches against a backdrop of ochre cliffs. It is sheltered by low cliffs, which provides some privacy and makes it an ideal spot to soak up the sun and sunbathe. These cliffs are tall enough to bar northern winds during the off-season, but not too tall to prevent easy access. Praia da Falesia could be reached from Vilamoura by traveling west toward Olhos de Agua. Praia da GalePraia da Gale in the west of Albufeira has a considerable stretch of beach that runs along the bay of Armacao de Pera up to town. It looks out to the Armacao de Pera bay and provides great views of the sea. Since Praia da Gale has no cliffs and rock formations, it is easily accessible by road on many points. One can go to the beach by automobile and can park nearby. Water sports enthusiasts also fr equent Praia da Gale—it is good spot for scuba diving, wind surfing, water-skiing, and jet skiing. Visibility under the water is remarkably high, providing the most ideal diving conditions.Praia da Ilha de Tavira-Mar Praia da Ilha de Tavira-Mar on the island of Tavira has busy, active beaches with an extended dune system. During the summer and peak seasons, cafes and water sports facilities abound. Dubbed as a â€Å"jewel† in the crown of Eastern Faro, the islands beaches are huge and breathtaking. Praia da Ilha de Tavira-Mar, in particular, is situated within a locally protected natural area. The Ilha de Tavira itself is a protected natural park and has campsites for nature lovers and nature exploration enthusiasts. It is suitable for tourists with an inclination for nature.Being a nature reserve however, tourism in the area is somewhat regulated. Regular ferries run by two ferryboat companies from the city of Tavira provide access to the island. Praia da Maina de Vil amoura Praia da Maina de Vilamoura in Loule features a wide stretch of sandy beach than runs from the marina of Vilamoura to the east, before reaching the small fishing port of the nearby Quarteira. Its excellent bay is well protected by rock plateaus and breakwaters, making it convenient and suitable for families with young children. Praia da Maria LuisaPraia da Maria Luisa is a small, sandy but also stony beach set in the backdrop of cliffs in the eastern side of Albufeira between Olhos d' Agua and Santa Eulalia. It is accessible from various villages and can serve as a good spot for strolling, long walks, and doing exercise. Praia da Luz Praia da Luz or â€Å"light beach† is a popular beach in the bustling tourist town of Luz in the city of Lagos. Its beaches are very busy during summer months. Praia da Luz is bordered by the Rocha Negra, which is a sheltered reef break on the eastern side of the beach.It boasts excellent water sports facilities and a well-equipped water s ports center. The waves are intermittent and are suited for surfing and water sports junkies looking for a challenge. Praia da Rocha Praia da Rocha or â€Å"beach of rocks† near Portimao is considered the best surfer’s beach in the south of Algarve, and is probably the oldest and most popular beach in the region. Like nearby Praia da Rocha, its waves are erratic and unpredictable, making it a hard but welcome challenge for surfers wanting to show their stuff.Though many tourists and beach-goers frequent it, it is so wide and spacious that there is plenty of room to stretch out. The beach features great stretches of sand on the seafront, and a tunnel on one end leads to narrower beaches set in a stunning backdrop of cliffs and rock formations. The latter part is sheltered by the tunnel and cliffs from the sun during afternoons. Praia da Oura Praia da Oura, beautifully located near the amusement quarter in the east of Albufeira, features a long sandy beach surrounded by rocks and rocky bays. This beach is popular with surfers and windsurfers alike, and is very busy during the summer season.Praia de Adegas Praia de Adegas is a beach located in the district of Aljezur. Access to this beach can be difficult, but is a popular destination for nature lovers and enthusiasts. This beach is within a protected area, and is one of the only five official naturist beaches in Portugal. Praia de Armacao de Pera Praia de Armacao de Pera in Lagos is a sandy beach near the Armacao de Pera tourist center promenade. It is very spacious and popular with families and is brimming with people (mainly locals and Portuguese) during weekends and the summer.Here, the breeze is light and the water is reasonably safe for swimming, particularly for children. Praia de Armona-Mar Located in an island between the towns of Olhao and Fuzeta, Praia de Armona-Mar is only accessible through ferryboats originating from the fishing port of Olhao. Ferries are frequent (they leave in 15 min ute intervals) so traveling to and from the island is fast and convenient. The beach is usually less populated and is only visited by a limited number of people. It is very peaceful and is great for a quiet, relaxing time. Praia de BurgauPraia de Burgau, situated in the town of Burgau in Vila do Bispo, may be small, but tourists frequently visit it during the summer months. Promontories such as hills go all around the beach so it is sheltered from the cold northern winds in this area of the Algarve. There is a small bar near the beach for those wanting to satisfy their thirst, and a boat and canoe rental shop nearby for visitors wishing to go a small, secluded beach west of Praia de Burgau. Praia de Faro Praia de Faro just about seven kilometers south of Faro airport, features a long, narrow stretch of sandy bar.Its sands are soft and the beach is wide and spacious. Beaches along the coast of Faro to Tavira are only accessible through ferry, but Praia de Faro is an exception in that it can be accessed through a small bridge on the sandbank. Being near a bustling urban town, it is usually busy; there are also plenty of restaurants and water sports facilities. The beach is in the warmest region in the mainland, with winter temperatures never going below 0? C. The summer temperature, however, seldom reaches 35? C. This nice, warm, and even weather makes it a popular spot during the summer months.Praia do Garrao Praia do Garrao is a large, beautiful sandy beach that features protected dunes. It is located between the chic and exclusive resort towns of Quinta do Lago and Vale do Lobo in Loule. The beach is readily accessible by road, but is also ideal for walking towards the Faro or Vilamoura directions. One section of the beach locally called â€Å"Julias† is popular for its excellent restaurants. Praia de Olhos d? Agua Praia de Olhos d? Agua is a small, but charming beach located in the new village of Olhos d? Agua in Albufeira. Rocks surround its small ba y.Local fishermen also use the bay and could often be seen getting their day’s catch. Excellent restaurants serving the local fare like fresh seafood dishes are also nearby. Praia de Vale de Lobo Vale do Lobo in Loule near Almancil boasts the beautiful sandy bays of Praia de Vale do Lobo. Flanked by small cliffs running along its length and its sides, the beach had to be constantly maintained by the holiday resort town of Vale do Lobo from shoreline erosion. Great endeavors, such as re-transplantation of sediments, are made to prevent the sea from eating up the shoreline. Praia de Vales dos HomensPraia de Vales dos Homens in the city of Aljezur is a small beach ideal for nature lovers. The beach is situated at the western coast near Rogil between Praia da Carriagem and Praia da Samouqueira, and is home to an interesting variety of flora and fauna, as well as a breathtaking array of marine life. It is in a relatively unpopulated area and is less frequented by tourists, making it a nice refuge for people looking to get away from the hustle and bustle of the city. Praia do Alvor Praia do Alvor is beautifully located in Alvor and borders the eastern half of the bay of Lagos.The beach has low dunes; but since there is almost no rock and cliff formations barring access, it can easily be reach from the road and from the village Alvor. Its long, sandy beaches are inviting for long, leisurely walks. This beach acts as a low sand bar, creating an interior lagoon that acts as a form of port for the old fishing village of Alvor. The waters are calm, which is great for families and children. The beach, which faces an open bay, is popular among windsurfers and kinds of water sports aficionados. Praia do AmadoPraia do Amado, located in Aljezur at the western coast, is a popular and very much sought-after spot for extreme sports by surfers and other water sports enthusiasts. The beach is lively and brims with people during the summer months, and little cafes overlookin g the beach are in the area. It is known in the surfing world for its strong, challenging currents, its roguish waves, and rock formations in places that get covered at high tide. Praia do Amado has already served as a venue of several local and international surf and body-boarding competitions.Praia do Barril The beach of Praia do Barril is an extension of Praia Ilha de Tavira on the island of Tavira. It is situated within the Ria Formosa Natural Park and features extensive sand dunes. Praia do Barril can be accessed via either a wooden bridge from the tourist villages of Santa Luzia and Pedras del Rey, or a small train that shuttles from Santa Luzia. The train ride running across the waters separating Praia do Barril and Praia Ilha de Tavira is slow and leisurely, giving visitors a chance to experience the island’s stunning view. Praia do CastelejoPraia do Castelejo is a sandy beach on the west coast of the Algarve, right on the rugged Costa Vicentia and just to the northwe st of Vila do Bispo. It has strong breakers and is thus a somewhat popular surfing spot. The beach has many water sports facilities and with all the equipment one needs for a session on the waves. Being a relatively small beach with an atmosphere drastically different from beaches on the southern coast, it might not be preferable to everyone, although there is a relatively high return rate among its visitors. This beach is also one of the safer ones on the west coast. Praia do MartinhalPraia do Martinhal is a large, flat sandy beach in the shallow Bay of Baleira and east of Sagres. It is located in the town of Vila do Bispo, with Ponta da Atalaia to its west. It is a good place to visit when in Sagres. It is conducive for contemplative walks, but is also very good for surfing. This beach is a favorite windsurfing spot for many. Praia do Vau The striking beach of Praia do Vau in the city of Portimao is a massive beach located at the far western end of Praia da Rocha’s seafront road, and is adjacent to the Praia da Rocha beach to the east end. The beach can be well-populated during the peak season, usually by locals.It is flanked by residential areas and is mostly managed by hotels nearby. It is easily accessible from the road and there is a car parking area nearby. Medium-rise cliffs at the beach’s far end provide shade during hot afternoons. Praia Verde Praia Verde situated in the west of Monte Gordo is a long, endless beach that stretches westwards towards Tavira. Its name â€Å"Verde†, which means â€Å"green†, was taken from the backdrop of plants and trees lining the side of the beach. It has great facilities ideal for most families and their children, and its waters are calm and safe for swimming.

Saturday, November 9, 2019

Themes in the Last of the Mohicans

One major theme articulated in The Last of the Mohicans is the stereotype depicting Indians as animalistic. The Huron tribe is shown as the most violent tribe, almost nonhuman. Magua, the leader of the Huron tribe, is the most violent of the tribe. Angered by the colonies’ treatment of his kin, he only seeks revenge. One of the clearest images of the Huron tribe’s animalistic nature is when Magua rips the heart out of Colonel Munro’s chest. Other images that help add to this theme can be seen in the way that the Huron tribe attacks even the women and children.They care nothing about the innocent people they murder, and they roam about as savages. This is the image that Americans today have of all Indians. Very few know anything about the kindness of Indians such as Uncas and Chingachgook. Another theme in this movie is interracial love and friendship being looked down upon. After doing some research on the actual novel by James Fenimore Cooper, I noticed that the plot was changed in the movie. In the novel, Cora and Uncas have an interracial relationship. Related essay: Themes In MaruHowever, in the movie, Cora and Hawkeye, an adopted white, have that relationship. The relationship of Uncas and Cora that ends in death in the novel is switched to Uncas and Cora’s sister. Also, their fondness of each other is never developed. This supports that theme, for everything is changed to make it more appealing to the typical white audience. It would be frowned upon to have a white woman in love with an Indian. Thus, the movie does not show that.

Thursday, November 7, 2019

How I Met Your Husband Essay Example

How I Met Your Husband Essay Example How I Met Your Husband Paper How I Met Your Husband Paper At a young age, women have a tendency to be naive and innocent. With that, the two factors create a vulnerable persona in a girl, and it compels a person to feel sympathy towards them. How I Met My Husband consists of a protagonist, Edie, who is also naive and innocent as well as humble and simple. These traits convince me to believe her to be a sympathetic character in the story. As a young, naive, gullible girl, I feel nothing short of pity for Edie. Her status as the hired girl influences the way I react to her as a reader also. When Edie meets Chris Waters, she becomes embarrassed and bashful once she reveals her true status, and all she wishes is for him to leave her alone. Since Edie is inexperienced with men, she does not know how to act properly in front of them. The fact that she does not know any better compels me to sympathize for her. I was feeling more sympathy for her when she allows herself to believe she had been more than Just another woman to Chris. Then, she is waiting days, which lead into months, before coming to the realization that no letter was ever going to come (peg 146). Any person can recall what it had been like to be wide-eyed when they had been younger. It can sometimes be amusing when you realize how naive you were. Sometimes, like Edie, it can be harsh to come to the realization of how naive our actions are. But we sympathize with ourselves and for others because of it.

Monday, November 4, 2019

Various Methods of Electricity Production Essay

Various Methods of Electricity Production - Essay Example Even though these early humans had no understanding of electricity, the movie depicts them looking for lightning to reignite their fire! It is clear in the film that the first fire available to mankind came from electricity in the form of lightning (Cook 7). It seems that electricity was the first real power used by man. Long before the lever, the wheel or the windmill mankind was reaping the benefits of fire created by the natural electricity of lightning. Man made electricity has earlier roots than one might suspect as well. Evidence has been uncovered that the ancient Egyptians used crude batteries to produce electrical charges (Mythbusters, 2005). The Egyptians fashioned clay pots as containers and filled them with high acid citrus juice. They then connected primitive cables made of copper to the clay jars. On the popular Discovery Channel series Mythbusters the cast recreates the Egyptian battery to test if this notion of early batteries is fact or myth. Much to their surprise the primitive invention does in fact produce a very small electrical charge. They speculate that Egyptians might have used this electricity to amaze and frighten pharos's subjects. By hooking the batteries up to statues of the pharos and other deities the ancient Egyptians gave their pharaoh a little help in the "powerful and mystical" department (Mythbusters, 2005). We will likely never know the whole story behind these ancient batteries but it is interesti ng to consider how early mankind was experimenting with electricity. Since ancient times many forms of electricity generation have been discovered and utilized. But first, in order to understand these various sources it is important to understand the history and development of electricity as a primary source of energy. The Rise of Electricity The ancient Greeks, Romans, Chinese and the Persians all experimented with crude inventions to harness electricity with very limited success. Even the explosion of science during the Middle Ages in Europe added little to the understanding electricity (Dell & Rand,125). In 1214 Roger Bacon experimented with the properties of amber and lodestone but electricity was primarily used to "amuse and frighten the ignorant" (Canby,12). Like the Egyptians, European scientists of the Middle Ages viewed electricity as a "parlor trick" and it's usefulness was deemed limited (Dell & Rand, 125). It wasn't until 1600 when William Gilbert, physician to Queen Elisabeth, wrote an impressive paper on magnetism, that the scientist of Europe began to seriously consider scientific study of electricity (Canby,13). The De Magnete written by Gilbert was widely read by the educated class of Europe and interest in electricity surged. Gilbert also created the first list of elements that contain electric and magn etic properties (Wikipedia,2007). In 1660, Otto van Guericke built the first machine to produce an electrical charge (Canby, 18). The glass globe had a sulfur ball inside and created a lightning like charge that amazed the people of Guericke's day. During this time advances in the understanding of electricity was painfully slow and it wasn't until 1709 that the next big discovery was made. In England, Francis Hawkenbee built an improved version of the "glass globe" and conducted many other useful experiments. Next, in 1729 Steven Gray of the Grayfriars School in England discovered

Saturday, November 2, 2019

Ethical Issues in Healthcare Essay Example | Topics and Well Written Essays - 1750 words

Ethical Issues in Healthcare - Essay Example This essay examines some of the key ethical issues concerning contentious health services such as abortion, euthanasia and consent. In brief, the main body contains first paragraphs presenting the arguments in support of the hypothesis and the second against argument on the hypothesis. Our main hypothesis involves the argument for or against the contentious health issues such as abortion, consent or euthanasia. In the process, the essayist looks into the factors involved, the guidance for dealing with specified ethical issue, evaluation of euthanasia based on different moral and ethical arguments. Euthanasia refers to an instance where patients who have a terminal illnesses, such as cancer, HIV/AIDs or diabetes, may opt to propose be given some drugs for terminating life. A nurse or any medical practitioner usually facilitates this. First, it has been argued that people have a right to decide when they want to die and therefore nobody should prevent them from using euthanasia. Secondly, it was revealed that to deny people the right to live their lives as they wish implies that each individual does not know what his or her own rights is. This was based on the concept of individualism, a fundamental factor within a democratic based political theory. The theory reveals that individuals should be given rights to own their life and nobody should question them on how they are managing personal life just like assets. Another argument was that it is wrong to keep any person alive for longer period than they are meant to be.

Thursday, October 31, 2019

4.Is the process of globalization undermining the authority of the Essay

4.Is the process of globalization undermining the authority of the state and removing it from its central role in International Relations - Essay Example (McGrew, 1998, p 219-243) Gilpin (1987, p19) argues that the process of globalisation is characterised by the interaction of economic and political issues between sovereign states. However, this [process of globalisation has been intensified because of the introduction of technology, better communication and better modes of travel between these countries. Liberal economists believe that globalisation assists in the process of building peace in the world. It encourages economic growth and also institutes order in the international arena. Kennedy (1993, p 12) also adds that the process of globalisation has shown how states no longer take up the central role in their individual economic process. This argument can be verified by the existence of a global economy. The forces affecting the global economy have very little to do with what is prevalent in specific countries. Additionally, the rate of flow on capital from the international arena into and out of specific countries also indicates how nations are loosing their central role. Because of globalisation in the business sector, politics in individual countries has to change to accommodate this new phenomenon,. Some of the arguments for against the denationalisation of states will be examined inn the essay below. These arguments will be based on their effect on state authority in international relations. Jackson and James (1999, p 34) describe the state as a community of persons that have the sole authority to exert physical force within a certain territory. This means that there are certain features that are distinct to states. If these features are eliminated then that particular state will not have a central role. These factors include; ONeill (2006, p13) says that the issue of globalisation has not undermined the states’ role because it has not hampered the issue of central political relations. A case in point is the European Union, where member states from various parts

Tuesday, October 29, 2019

Marketing Mix Recommendations Essay Example | Topics and Well Written Essays - 1250 words

Marketing Mix Recommendations - Essay Example Hygiene is one of the important factors within the food industry and consumers give highest priority to it. Therefore it is highly recommended that the company should only sell hygienic and fresh foods. The pricing should be done on the basis of cost plus pricing method and market penetration strategy can be followed to grab more market share. Regarding the promotional aspect, the company can effectively use television and newspaper advertisement as both the media have mass reach. Finally regarding the distribution, the company can appoint distributors and target food marts to distribute and sell their products. Memorandum Date: 18th October, 2012. Subject: Organic Food for the family Unit To: The Big Boss From: Consumer Research Department To maintain sustainability of a business, it is extremely important to keep hold on the present market share. However after a certain point of time it becomes essential to focus on the ways by which market share can be increased. Greater market sh are helps in increasing the brand recognition. There are some interesting facts about increasing market share. Increasing market share is important only when the company is earning more profits. However it does not have any importance when the market share has increased but the company is losing money. Now in the context of project, Mintel can increase the market share for organic foods and drinks market by considering modifications in their marketing mix. Hence following are the recommendations to Mintel for the primary rationale of attaining more market share. Product Recommendation For an organization to get success in the market place it is imperative to give highest priority to its product stagey (Mcgrath 1-5). Similarly for food industry product is the ultimate element for which a customer pays to the company. Study reveals that among 2000 people, 30 % of the respondents are highly concerned about the safety of foods. Hence for Mintel product strategy should be considered as t he central business strategy. Also the product strategy of an organic food company plays an important role in managing and handling the competition. Furthermore a sound product strategy will be responsible for exemplifying the path of success for Mintel. Now in the context of the study the target group of the company is the family unit, thus in order to cater to that segment the product strategy is vital. The study also reveals that among 181 people, who are living with a partner, 33 % respondents are highly aware of food security. Similarly among the married people 31% of them have high concerns and 47 % have average concern over the food hygiene. Therefore based on the available data, it is highly recommended that the company should only sell hygiene and fresh foods, which will also help them to build an unique selling proposition (USP). Price Recommendation In simple words price is the amount paid by the customer for gaining the ownership of a product from the seller (Kotler and Armstrong 282). Although the concept of price is very simple, but when it comes to actually value a product or service the notion does not exactly remain the same. A pricing strategy is defined as a course of action or an approach in order to achieve the marketing objectives of the company (Pride and Ferrell 318). Hence pricing strategy is crucial towards the acceptance of the product or service in the market plac

Sunday, October 27, 2019

Indias Financial Markets

Indias Financial Markets As all the Financial Markets in India together form the Indian Financial Markets, all the Financial Markets of Asia together form the Asian Financial Markets; likewise all the Financial Markets of all the countries of the world together form the Global Financial Markets. Financial Markets deal with trading (buying and selling) of financial securities (stocks and bonds), commodities (valuable metals or food grains), and other exchangeable and valuable items at minimum transaction costs and market efficient prices. Financial Markets can be domestic or international. The Global Financial Markets work as a significant instrument for improved liquidity. Financial Markets can be categorized into six types: Capital Markets: Stock markets and Bond markets Commodity Markets Money Markets Derivatives Markets: Futures Markets Insurance Markets Foreign Exchange Markets The Financial Markets play a major role in the Global Economy because it helps businesses to raise capital (in capital markets), they facilitate transferring of risk (in derivative markets), and they help international trade (in currency markets) to prosper. The International Stock Markets form a major part of the Global Financial Markets. The Amsterdam Stock Exchange is the oldest stock exchange, which started operating in continuous trade in the earlier part of the 17th Century. Some of the Important Stock Exchanges of the world are: The New York Stock Exchange (merged with Euro next): The New York Stock Exchange (NYSE) is a stock exchange based in New York City, USA that was incorporated in 1817. In terms of dollar volume, it is the largest stock exchange in the world, and in terms of the number of companies listed it is the second largest stock exchange in the world. The NYSE is also known as the Big Board. The indexes used in the NYSE are the NYSE Composite Index and the Dow Jones Industrial Average Index. The NYSE functions under NYSE Euro next, the formation of which was the result of NYSEs merger with Archipelago Holdings and Euro next. Tokyo Stock Exchange: The Tokyo Stock Exchange (TSE), incorporated in 1949, is located in Tokyo, Japan. In terms of monetary volume, The Tokyo Stock Exchange is the second largest stock exchange in the world, only next to New York Stock Exchange. The indexes used in the TSE are Nikkei 225, Topix, and J30. NASDAQ: The National Association of Securities Dealers Automated Quotations, or NASDAQ, is an electronic stock market based in New York City, USA that was incorporated in 1971. The NASDAQ Stock Market, Inc. is the owner and regulator of NASDAQ. The main index used in NASDAQ is the NASDAQ Composite. London Stock Exchange: Established in 1801, the London Stock Exchange (LSE) is one of the oldest and largest stock exchanges in the world. In terms of market capitalization, the London Stock Exchange was ranked 4th among all the other important stock exchanges in the world in March 2007. The London Stock Exchange is located in Paternoster Square near St. Pauls Cathedral, London. The stock market index of London Stock Exchange is the Footsie (FTSE). Euro next (merged with NYSE): Founded in 2000, Euro next N.V. is a pan-European Stock Exchange, which is based in Paris. In terms of market capitalization, Euro next ranks as the fifth largest stock exchange in the world. There was a merger of Euro next with the NYSE Group, which led to the formation of NYSE Euro next and it is the first global stock exchange. The main indexes used in Euro next are the Euro next 100 Index and the Next 150 Index. The Bombay Stock Exchange (BSE): Located in Mumbai, India and founded in 1875, the Bombay Stock Exchange is the oldest stock exchange of Asia. The main index of BSE is called the BSE Sensex (Sensitive Index) or the BSE 30. In terms of volume of transactions, the BSE was ranked as one of the top five stock exchanges in the world in 2005. Some terms that are used in the Global Financial Markets are: Geek, a Quant Grim Nerd, a Quant Quant Big Swinging Dick Rocket Scientist White Knight Today equity research has become a specialized activity, although confined to a very small segment of the market. It would be a little early to consider equity research as an independent business segment, but at the same time it must be appreciated that the value of equity research is being felt by the market. This is an interesting stage in the growth and development of equity research, especially in a situation where the traditional individual investor is unwilling to pay for vital stock related information while the institutional investor is already paying for research reports. The phenomenal growth of the financial markets over the last quarter of a century has meant that the very character of investment has changed with ever larger scales of market capitalization. The emergence of the Fund Manager as a new value addition in investment related financial services is actually a part of the growth and development of the institutional investor. The fund managers sole objective is to ensure maximum returns for his clients whose money he invests working in tandem with research inputs. The fund manager and his client are a vital part of the institutional investment process sustained by an advanced and research driven approach to capital market investment. Equity research still has some time to develop as a sustainable business model, but like any other research activity it has its limitations in developing into a booming business. Institutional investors are willing to pay ever higher amounts for in-depth and precise research in accordance with their requirements. Some of the modes of equity research are: Fundamental Analysis Technical Analysis Securities Market Analysis Index Momentum Analysis Securities Momentum Analysis Securities Chart Analysis India n Financial Market India Financial market is one of the oldest in the world and is considered to be the fastest growing and best among all the markets of the emerging economies. The history of Indian capital markets dates back 200 years toward the end of the 18th century when India was under the rule of the East India Company. The financial market in India today is more developed than many other sectors because it was organized long before with the securities exchanges of Mumbai, Ahmadabad and Kolkata were established as early as the 19th century. By the early 1960s the total number of securities exchanges in India rose to eight, including Mumbai, Ahmadabad and Kolkata apart from Madras, Kanpur, Delhi, Bangalore and Pune. Today there are 21 regional securities exchanges in India in addition to the centralized NSE (National Stock Exchange) and OTCEI (Over the Counter Exchange of India). The corporate sector wasnt allowed into many industry segments, which were dominated by the state controlled public se ctor resulting in stagnation of the economy right up to the early 1990s. Thereafter when the Indian economy began liberalizing and the controls began to be dismantled or eased out, the securities markets witnessed a flurry of IPOs that were launched. This resulted in many new companies across different industry segments to come up with newer products and services. A remarkable feature of the growth of the Indian economy in recent years has been the role played by its securities markets in assisting and fuelling that growth with money rose within the economy. This was in marked contrast to the initial phase of growth in many of the fast growing economies of East Asia that witnessed huge doses of FDI (Foreign Direct Investment) spurring growth in their initial days of market decontrol. During this phase in India much of the organized sector has been affected by high growth as the financial markets played an all-inclusive role in sustaining financial resource mobilization. Many PSUs (Public Sector Undertakings) that decided to offload part of their equity were also helped by the well-organized securities market in India. The launch of the NSE (National Stock Exchange) and the OTCEI (Over the Counter Exchange of India) during the mid 1990s by the government of India was meant to usher in an easier and more transparent form of trading in securities . The NSE was conceived as the market for trading in the securities of companies from the large-scale sector and the OTCEI for those from the small-scale sector. While the NSE has not just done well to grow and evolve into the virtual backbone of capital markets in India the OTCEI struggled and is yet to show any sign of growth and development. The integration of IT into the capital market infrastructure has been particularly smooth in India due to the countrys world class IT industry. This has pushed up the operational efficiency of the Indian stock market to global standards and as a result the country has been able to capitalize on its high growth and attract foreign capital like never before. Potential of India Financial Market India Financial Market helps in promoting the savings of the economy helping to adopt an effective channel to transmit various financial policies. The Indian financial sector is well-developed, competitive, efficient and integrated to face all shocks. In the India financial market there are various types of financial products whose prices are determined by the numerous buyers and sellers in the market. The other determinant factor of the prices of the financial products is the market forces of demand and supply. The various other types of Indian markets help in the functioning of the wide India financial sector. Features OF FINANCIAL Market in India: India Financial Indices BSE 30 Index, various sector indexes, stock quotes, Sensex charts, bond prices, foreign exchange, Rupee Dollar Chart Indian Financial market news Stock News Bombay Stock Exchange, BSE Sensex 30 index, SP CNX-Nifty, company information, issues on market capitalization, corporate earnings statements Fixed Income Corporate Bond Prices, Corporate Debt details, Debt trading activities, Interest Rates, Money Market, Government Securities, Public Sector Debt, External Debt Service Foreign Investment Foreign Debt Database composed by BIS, IMF, OECD, World Bank, Investments in India Abroad Global Equity Indexes Dow Jones Global indexes, Morgan Stanley Equity Indexes Currency Indexes FX Gold Chart Plotter, J. P. Morgan Currency Indexes National and Global Market Relations Mutual Funds Insurance Loans Forex and Bullion Indian money market AS PER RBI DEFINITIONS A market for short terms financial assets that are close substitute for money, facilitates the exchange of money in primary and secondary market. Indian money market was highly regulated and was characterized by limited number of participants. The limited variety and instruments were available. Interest rate on the instruments was under the regulation of Reserve Bank of India. The sincere efforts for developing the money market were made when the financial sector reforms were started by the government. Money markets are the markets for short-term, highly liquid debt securities. Examples of these include bankers acceptances, repos, negotiable certificates of deposit, and Treasury Bills with maturity of one year or less and often 30 days or less. Money market securities are generally very safe investments, which return relatively; low interest rate that is most appropriate for temporary cash storage or short term time needs. The National Stock Exchange, where the stocks of the largest Indian. Corporations are traded, is a prime example of a capital primary market. Regarding timing, there is no hard and fast rule on this, but when describing debt markets, short term generally means less than one year, intermediate term means one to five years, and long term means more than five years. THE NATURE OF MONEY MARKETS In this we define money markets broadly to include all financial instruments easily converted to means of payment that are used by governments, financial institutions and nonfinancial institutions for short-term funding or placements. By convention, we limit our scope to instruments of less than one year maturity. The most important function of a money market is to provide a means whereby economic units can quickly adjust through cash positions. For all economic units (business, households financial institutions or governments) the timing of cash inflows is rarely perfectly synchronized or predictable in the short run. In addition to facilitating the liquidity management of economic actors, money markets fulfill a number of additional economic functions: Interest rates on money market instruments serve as reference rates for pricing all debt instruments; Governments or central banks use money market instruments as tools at monetary policy; Short-term interbank markets, finance longer-term lending when financial intermediaries transform maturities. Features of Money Market It is a market purely for short-terms funds or financial assets called near money. It deals with financial assets having a maturity period less than one year only. In Money Market transaction cannot take place formal like stock exchange, only through oral communication, relevant document and written communication transaction can be done. Transaction has to be conducted without the help of brokers. It is not a single homogeneous market, it comprises of several submarket like call money market, acceptance bill market. The components of Money Market are the commercial banks, acceptance houses NBFC (Non-banking financial companies). It is not a single market but a collection of markets for several instruments. It is a need-based market wherein the demand supply of money shape the market. Money market is basically over-the-phone market. Dealing in money market may be conductive with or without the help of brokers. It is a market for short-term financial assets that are close substitutes for money. Financial assets which can be converted into money with ease, speed, without loss with minimum transaction cost are regarded as close substitutes for money. The major players of money market Reserve Bank of India SBI DFHI Ltd (Amalgamation of Discount Finance House in India and SBI in 2004) Acceptance Houses Commercial Banks, Co-operative Banks and Primary Dealers are allowed to borrow and lend. Specified All-India Financial Institutions, Mutual Funds, and certain specified entities are allowed to access to Call/Notice money market only as lenders Individuals, firms, companies, corporate bodies, trusts and institutions can purchase the treasury bills, CPs and CDs. Money market instruments Money market instruments take care of the borrowers short-term needs and render the required liquidity to the lenders. The varied types of India money market instruments are treasury bills, repurchase agreements, commercial papers, certificate of deposit, and bankers acceptance. Treasury Bills (T-Bills) Treasury bills were first issued by the Indian government in 1917. Treasury bills are short-term financial instruments that are issued by the Central Bank of the country. It is one of the safest money market instruments as it is void of market risks, though the return on investments is not that huge. Treasury bills are circulated by the primary as well as the secondary markets. The maturity periods for treasury bills are respectively 3-month, 6-month and 1-year. The price with which treasury bills are issued comes separate from that of the face value, and the face value is achieved upon maturity. On maturity, one gets the interest on the buy value as well. To be specific, the buy value is determined by a bidding process, that too in auctions. Repurchase Agreements Repurchase agreements are also called repos. Repos are short-term loans that buyers and sellers agree upon for selling and repurchasing. Repo transactions are allowed only among RBI-approved securities like state and central government securities, T-bills, PSU bonds, FI bonds and corporate bonds. Repurchase agreements, on the other hand, are sold off by sellers, held back with a promise to purchase them back at a certain price and that too would happen on a specific date. The same is the procedure with that of the buyer, who purchases the securities and other instruments and promises to sell them back to the seller at the same time. Commercial Papers Commercial papers are usually known as promissory notes which are unsecured and are generally issued by companies and financial institutions, at a discounted rate from their face value. The fixed maturity for commercial papers is 1 to 270 days. The purposes with which they are issued are for financing of inventories, accounts receivables, and settling short-term liabilities or loans. The return on commercial papers is always higher than that of T-bills. Companies which have a strong credit rating, usually issue CPs as they are not backed by collateral securities. Corporations issue CPs for raising working capital and they participate in active trade in the secondary market. It was in 1990 that Commercial papers were first issued in the Indian money market. Certificate of Deposit A certificate of deposit is a borrowing note for the short-term just similar to that of a promissory note. The bearer of a certificate of deposit receives interest. The maturity date, fixed rate of interest and a fixed value are the three components of a certificate of deposit. The term is generally between 3 months to 5 years. The funds cannot be withdrawn instantaneously on demand, but has the facility of being liquidated, if a certain amount of penalty is paid. The risk associated with certificate of deposit is higher and so is the return (compared to T-bills). It was in 1989 that the certificate of deposit was first brought into the Indian money market. Bankers Acceptance A bankers acceptance is also a short-term investment plan that comes from a company or a firm backed by a guarantee from the bank. This guarantee states that the buyer will pay the seller at a future date. One who draws the bill should have a sound credit rating. 90 days is the usual term for these instruments. The term for these instruments can also vary between 30 and 180 days. It is used as time draft to finance imports, exports. It depends on the economic trends and market situation that RBI takes a step forward to ease out the disparities in the market. Whenever there is a liquidity crunch, the RBI opts either to reduce the Cash Reserve Ratio (CRR) or infuse more money in the economic system. In a recent initiative, for overcoming the liquidity crunch in the Indian money market, the RBI infused more than Rs 75,000 crore along with reductions in the CRR. Call money market The call money market consists of overnight money and money at short notice for periods up to 14 days. It essentially serves the purpose of equilibrating the short-term liquidity position of banks. The call money market as a significant component of the money market possesses a few special characteristics:- Call money is an instrument for ultra-short period management of funds and is easily reversible. It is primarily a telephone market and is therefore, administratively convenient to manage for both borrowers and lender. Being an instrument of liability management, it provides incremental funds and adds to the size of balance sheet of banks. From the macro-side, developed call money market helps to smoothen the fluctuations in the reserve-deposit rations of banks thereby contributing to the stability of the money-multiplier process. A stable money multiplier in turn serves as a reliable means of monetary regulation and policy guide. From the micro angle, short-run borrowing by banks improves the efficiency of funds management in two ways. One way, it enables banks to hold higher reserve-deposit ratio than would be possible otherwise. In another way, it allows some banks to permanently increase their pool of investible funds. Hence, active well-organized call money market improves the funds management practices of banks which in turn further their overall efficiency and profitability. The money market continued to remain orderly during Q2 of 2009-10. Reflecting the surplus liquidity conditions, the call rate hovered around the lower bound of the informal LAF corridor during the Q2 of 2009-10). The call rate averaged 3.25 per cent in Q2, which was marginally higher than 3.22 per cent in Q1.Interest rates in the collateralized segments of the money market the market repo and the collateralized borrowing and lending obligation moved in tandem with the call rate during Q2 but remained below the call rate. The weighted average interest rate in the collateralized segment of the money market marginally increased to 2.7 per cent during Q2 of 2009-10 from 2.4 per cent during Q1. Transaction volumes in CBLO and market repo segments continued to remain high during Q2 of 2009-10 reflecting the easy liquidity and active market conditions. Banks as a group are the major borrowers in the collateralized segment whereas mutual funds (MFs) continue to remain the single largest len der of funds in that segment. In fact, more than 75 per cent of the lending in the collateralized segment was contributed by the MFs in Q2, reflecting their continued enhanced lending capacity. The collateralized market remained the predominant segment of the money market, accounting for more than 80 per cent of the total volume in the money market in Q2. Source = http://www.rbi.org.in/scripts/BS_ViewBulletin.aspx?Id=10690#t56 Objective of call Money Market To provide a parking place to employ short term surplus funds. To provide room for overcoming short term deficits. To enable the central bank to influence and regulate liquidity in the economy through its intervention in this market. To provide a reasonable access to users of short-term funds to meet their requirement quickly, adequately at reasonable cost. Importance of call Money Market Development of trade industry. Development of capital market. Smooth functioning of commercial banks. Effective central bank control. Formulation of suitable monetary policy. Non inflationary source of finance to government. To provide help to the industry and trade. Some practical aspect of call money market v Number of Participants in Call/Notice Money Market:- (As on March 31, 2008) Category Bank PD FI MF Corporate Total I. Borrower 154 15 169 II. Lender 154 15 20 35 50 274 v Market Shares of Constituents in Call/Notice Money Market (In Percent) Borrowings Lendings Year Banks PDs Banks PDs Others 2007 68 32 52 11 37 2008 66 34 45 11 44 v Shares of Select Participants in Call Money Market: Lending (In Percent) Year Banks FIs Total 2007 20 18 38 (15) 2008 17 14 31 (13) Banks: Canara Bank, Central Bank, PNB and SBI FIs: ICICI, IDBI, LIC, SIDBI and UTI. Parenthetic figures relate to those of the SBI. v Shares of Select Banks in Call Money Market: Borrowings (In Percent) Year Banks 2007 36 2008 39 Select banks include ABN-AMRO Bank, Centurion Bank, Citi Bank, Deutsche Bank; Grind lays Bank, HDFC Bank, Hongkong Bank, IDBI Bank and Standard Chartered Bank. Some guidelines regarding call money market by r.b.i It may be recalled that in the annual policy Statement of April 2008, the intention to move towards a pure inter-bank call/notice money market by gradually phasing out non-bank participation was highlighted. Accordingly, in stage I, non-bank participants are allowed to lend, on average in a reporting fortnight, up to 85 per cent of their average daily lending during 2007-08. Subsequently, in the annual policy Statement of April 2008, it was stated that RBI would announce the date of effectiveness of stage II, wherein non-bank participants would be allowed to lend, on average in a reporting fortnight, up to 75 per cent of their average daily lending in call/notice market during 2007-08, depending on the date when NDS/CCIL becomes fully operational. In view of the encouraging developments in the functioning of NDS/CCIL, it is desirable to accelerate the progress of moving towards a pure inter-bank call/notice money market and facilitate further deepening of repo/term money market. Accordingly, it has been decided that effective from the fortnight beginning June 14, 2007, under stage II, non-bank participants would be allowed to lend, on average in a reporting fortnight, up to 75 per cent of their average daily lending in call/notice money market during 2007-08. However, in case a particular non-bank institution has genuine difficulty in deploying its excess liquidity, RBI may consider providing temporary permission to lend a higher amount in call/notice money market for a specific period on a case by case basis. To facilitate monitoring of your operations in call/notice money market on a daily basis, you are requested to continue to submit the daily return in time to the Principal Monetary Policy Adviser, MPD, RBI as per the extant practice. Current market rate = 2.10% 3.30% Commercial Bill market Bills of exchange are negotiable instruments, drawn by the seller (drawer) of the goods on the buyer (drawee) of the goods for the value of the goods delivered. These bills are known as trade bills. Trade bills are called commercial bills when they are accepted by commercial banks. If the bill is payable at a future date and the seller needs money during the currency of the bill, he may approach his bank to discount the bill. The maturity proceeds or face value of a discounted bill from the drawee is received by the bank. If the bank needs funds during the currency of bill, it can rediscount the bill that has been already discounted by it in the commercial bill rediscount market at the available market discount rate. The RBI introduced the Bills Market scheme (BMS) in 1952 and the scheme was later modified into the New Bills Market Scheme (NBMS) in 1970. Under the scheme, commercial banks can rediscount the bills, which were originally discounted by them, with approved institutions. With the intention of reducing paper movements and in a bid to facilitate multiple rediscounting, the RBI introduced an instrument called Derivative Usance Promissory Notes (DUPN). Consequently, the need for the physical transfer of bills has been waived and the bank that originally discounts the bills only draws DUPN. These DUPNs are sold to investors in convenient lots of maturities (from 15 days up to 90 days) on the basis of genuine trade bills, discounted by the discounting bank. Commercial bill is a short term, negotiable, and self-liquidating instrument with low risk. It enhances he liability to make payment in a fixed date when goods are bought on credit. According to the Indian Negotiable Instruments Act, 1881, bill or exchange is a written instrument containing an unconditional order, signed by the maker, directing to pay a certain amount of money only to a particular person, or to the bearer of the instrument. Bills of exchange are negotiable instruments drawn by the seller (drawer) on the buyer (drawee) or the value of the goods delivered to him. Such bills are called trade bills. When trade bills are accepted by commercial banks, they are called commercial bills. The bank discounts this bill by keeping a certain margin and credits the proceeds. Banks, when in need of money, can also get such bills rediscounted by financial institutions such as LIC, UTI, GIC, ICICI and IRBI. The maturity period of the bills varies from 30 days, 60 days or 90 days, depe nding on the credit extended in the industry. Characteristics of Commercial bill Securities offered to the public must be registered with the Securities and Exchange Commission according to the Securities Act of 1933. Registration requires extensive public disclosure, including issuing a prospectus on the offering. It is a time-consuming and expensive process. Most commercial paper is issued under Section 3(a) (3) of the 1933 Act which exempts from registration requirements short-term securities as long as they have certain characteristics. Commercial paper is typically a discount security (like Treasury bills): the investor purchases notes at less than face value and receives the face value at maturity. The difference between the purchase price and the face value, called the discount, is the interest received on the investment. Commercial paper is, occasionally, issued as an interest-bearing note (by request of investors). The investor pays the face value and, at maturity, receives the face value and accrued interest. All commercial paper interest rates are quoted on a discount basis. The exemption requirements have been a factor shaping the characteristics of the commercial paper market. The following are requirements for exemption: The maturity of commercial paper must be less than 270 days. In practice, most commercial paper has a maturity of between 5 and 45 days, with 30-35 days being the average maturity. Many issuers continuously roll over their commercial paper, financing a more-or-less constant amount of their assets using commercial paper. The nine-month maturity limit is not violated by the continuous rollover of notes, as long as the rollover is not automatic but is at the discretion of the issuer and the dealer. Many issuers will adjust the maturity of commercial paper to suit the requirements of an investor. That proceeds from commercial paper issues be used to finance current transactions, which include the funding of operating expenses and the funding of current assets such as receivables and inventories. Proceeds cannot be used to finance fixed assets, such as plant and equipment, on a permanent basis. A safekeeping agent hired by the investor held the certificates, until presented for payment at maturity. The settling of the transaction, (the exchange of funds for commercial paper first at issuance and then at redemption, occur in one day. On the day the commercial paper is issued and sold, the investor receives and pays for the notes and the issuer receives the proceeds. On the day of maturity, the investor presents the notes and receives payment. Commercial banks, in their role as issuing, paying, and clearing agents, facilitate the settling of commercial paper by carrying out the exchanges between issuer, investor, and dealer required to transfer commercial paper for funds. Types of Commercial Bills: Commercial bill is an important tool finance credit sales. It may be a demand bill or a usance bill. A demand bill is payable on demand, that is immediately at sight or on presentation by the drawee. A usance bill is payable after a specified time. If the seller wishes to give sometime for payment, the bill would be payable at a future date. These bills can either be clean bil