Risks Assessment of Work Environment of Titanic Cove Resort Essay

Harlequin Enterprises the Mira Decisions free essay sample

The essential issue confronting Harlequin is the consistent loss of offer in a developing womens fiction showcase, because of the developing prevalence of single-title books. With the volume deals reliance that is intrinsic in arrangement distributing, the unit deals slowing down that happened in the late 80’s and mid 90’s went about as a notice sign to Harlequin. An adjustment in valuing systems empowered incomes to keep on rising, yet this was a transient arrangement and Mira can possibly turn into a drawn out arrangement. Nonetheless, there are various issues encompassing the dispatch of Mira. As the world’s biggest distributer of sentiment fiction, Harlequin has a solid worldwide a dependable balance in arrangement distributing with a nearness in excess of 100 universal markets and 23 dialects. To be sure, Harlequin has had the option to make high boundaries to section in the arrangement advertise through the improvement of brand faithfulness and greatness in item quality and gracefully chain the board. Brand steadfastness includes a solid readership base, which has been developed through brand acknowledgment, trust, and long haul connections. This is confirm by the direct-to-peruser Book Club, which at present gives 3/8 of US Sales at fundamentally higher edges than roundabout deals. The low-cost, predictable, top notch item is very much bundled and situated in a perfect world to exploit client desires, upheld by a huge and competent creator/editorial manager base. Normalization has empowered Harlequin to exploit huge economies of scale in printing, appropriation and publicizing; and rearranges retailers’ situating and showcasing techniques. While standing request conveyance empowers Harlequin to all the more precisely foresee deals and returns, and in this manner profit by unsurprising cost-based bookkeeping practices to accomplish better edges. Be that as it may, with restricted enhancement, Harlequin has little skill in the more extensive domain of women’s fiction outside of the sentiment type, which may constrain their capacities to choose and create effective creators and titles, similar to the case with the 1987 Worldwide Library disappointment. Despite the fact that, the Worldwide experience gives Harlequin a genuine valuation for their qualities and gives a solid establishment from which to maintain a strategic distance from future slip-ups. Harlequin’s second rate nearness in customary retail situations for single-title books and constrained publicizing portfolio focused on print media to some degree limits their deals to their current, or cliché, client base. Existing circulation associations are probably not going to determine this issue and may constrain Harlequin to search out new organizations or potentially systems. As per the statistical surveying, â€Å"customers were perusing the same number of single-title sentiment and womens fiction books as arrangement sentiments. This suggests there is noteworthy cover with other branches of knowledge and market sections inside Harlequin’s existing readership base and Harlequin should be able to develop their client dependability and make an interpretation of it to coordinate to-peruser deals in different sorts. Mira additionally gives the chance to creators to create past the arrangement design without moving to another distributer, and still stay accessib le to the Harlequin arrangement classification. This advances worker reliability and occupation fulfillment, while permitting Harlequin to put resources into advancing individual creators and advantage from the cross-fragment advertising. The overheads that Mira would cause, albeit generous, would stay serious with different distributers and would profit by Harlequin’s worldwide foundation. Unknown dialect markets, specifically, would be open to Mira using existing interpretation administrations, conveyance systems and retail connections. Mira would likewise give Harlequin the chance to make economies of scale through the centralization of rights securing exercises previously being embraced in some worldwide auxiliaries. On the other hand, Mira speaks to an amazingly high hazard undertaking for Harlequin with essentially greater expenses for creation, conveyance and showcasing. A solitary title novel is an interesting item, which requires a distributer to produce higher per-unit deals volumes; make singular plan, showcasing and advancement crusades; and give better yields to creators and outsiders. Creation changes, in any event as far as item measurements, could have huge unanticipated effects on the economies of scale at present delighted in inside the creation and dispersion gracefully chains. On the off chance that Mira is to rival existing single-title distributers, long haul creator agreements, eminences and advances could squeeze Harlequin and speak to a critical degree of venture, which might possibly be feasible in the long haul. Accordingly, the disappointment of a solitary title novel to accomplish earn back the original investment deals targets has sweeping outcomes; and can truly harm notorieties whereupon future deals would depend. In any case, the most noteworthy danger to the achievement of Mira is its potential in the US showcase. The ceasefire with Simon Schuster accomplished toward the finish of the Romance Wars may not be practical, if Harlequin dispatches Mira in direct rivalry with SS in single-title distributing. This circumstance would be particularly troublesome given that Harlequin is altogether reliant on SS for appropriation of its arrangement titles inside the US market, and its absence of involvement in standard retailing roads. By seeking after Mira, Harlequin dangers losing a profoundly productive and beneficial connection with SS and having to totally redevelop its dispersion chain inside the US. Upon thought, Harlequin has the assets and abilities it needs so as to prevail with Mira. In spite of the fact that the organization right now has an alternate plan of action, it has a similar essential segments and basic assets important to make and assembling the item. The creator/supervisor base that Harlequin has available to its speaks to an impressive resource, and fairly mitigates the danger of ability determination and improvement that can be related with single-title books. Memorable market situating and the notoriety of Harlequin as a sentiment eries distributer may dominate endeavors to make the Mira brand; however Harlequin has arrived at where it must extend past the sentiment class. The direct-to-peruser deals, advertising and dissemination instruments would require scarcely any modifications or adjustments, and would furnish Harlequin with a perfect test showcase from which to make the jump into the standard. Existing creation and dissemination skill would continue imp rovement of Mira, while Harlequin invests energy putting standard appropriation instruments and exposure aptitude into place. It is possible that fruitful single-title creators who distributed their initial works with Harlequin could be persuaded to come back to Harlequin, contingent upon the monetary motivations; at the same time, this is a drawn out inquiry, administered by authors’ legally binding commitments and the accomplishment of Mira for the time being. In any case, the archive of books made by fruitful writers who distributed their initial works with Harlequin involves an effectively attractive, savvy and possibly beneficial asset, that would empower Mira to benefit from set up notorieties and in-direct exposure. The drawback is that Mira may hazard estranging or insulting fanatics of set up writers, by distributing works that didn't meet peruser desires on account of their quality or adherence to Harlequin shows. Along these lines, I would suggest that Harlequin play out a constrained dispatch of Mira by re-creating titles in their archive and producing direct-to-peruser deals through the Book Club, while it investigates worldwide dissemination and showcasing connections. References: Richard Ivey School of Business Case Harlequin Enterprises: The MIRA Decision #9B03M007

The 10 Questions Recruiters Expect You to Answer During A Phone Interview

The 10 Questions Recruiters Expect You to Answer During A Phone Interview Whether you’re going for an entry level position or that lucrative manager’s role at your dream company, knowing how to succeed in a phone interview is a crucial part of the process.Let’s face facts, employers will have hundreds if not thousands of CVs to look through when choosing candidates. Every corporate job opening attracts 250 resumes on average. But only 4 to 6 of these people will be called for an interview, and only 1 of those will be offered a job.Often there may not be much to distinguish between you and some lesser suitable candidates.Making sure you shine in the phone interview is the best way to separate yourself from the pack and put you at an advantage.We live in an age where career changes are not only more common but actually becoming the norm. A recent report from the United States Bureau of Labor Statistics showed that on average, young baby boomers between the ages of 18 and 48 changed jobs 11.7 times in their career.With the rapid progress of technology a nd the way we do business, no industry can avoid the need to change and adapt. Knowing what companies are looking for from their employees will be a real advantage to keeping up with change and progress.Now for some scary facts! Global consulting firm McKinsey Company estimate that 50% of current work activities are technically automatable by adapting currently demonstrated technologies and that 60% of current occupations have more than 30% of activities that are technically automatable.All in all they estimate that between 400 hundred million and 800 million individuals could be displaced by automation and need to find new jobs by 2030 around the world. In short, the chances are you will need to change job, company or career at some point and it pays to know what employers want.Bear in mind that a lot goes into being a good employee and that there is no such thing as a perfect set of answers. Employers will vary widely from sector to sector so don’t be disheartened if you aren†™t successful.The best you can do is prepare, learn about the role and the company and provide a genuine account of yourself. In fact, most bosses will know within 90 seconds if they will hire a candidate.So be prepared to make an instant impact.There’s no doubt that more experienced candidates are at an advantage before a phone interview but someone with a positive attitude, who can build rapport with the interviewer, can level the playing field very quickly. Remember that a phone interview is often seen as a screening process by your potential employer.Considering that 80% of communication is body language, it’s not only what you say but how you say it in the phone interview.The interviewer can’t see you pause for thought so there might be some awkward silences if you are taking your time to come up with an answer.Stay relaxed, positive and provide clear answers without the jargon. 1. TELL ME ABOUT YOUR CV AND YOUR PAST EXPERIENCEDon’t make the mistake of providing inaccur ate or false information on your CV as this will come back to bite at some point. It is quite normal for an interviewer to ask about a specific aspect of your CV such as a particular project you worked on or to explain any gaps in employment.Know these details inside and out and be sure to back up any answers with detailed explanations. Long gaps of unemployment will set alarm bells ringing for employers so make sure you can provide an explanation.If you switched careers or did something inconsistent with the rest of your CV your interviewer may ask why you did this or what you gained. Maybe you wanted to try something completely different or maybe you wanted to develop a particular skillset that could help you in your current role.Whatever it was provide a good reason for your choice.Think about it this way: you are painting a picture of yourself to your interviewer and you want them to understand your skills, your motivations and your character. They want to understand the whole y ou and that you are a good fit for their culture and Ethos.Before your interview, try to highlight three examples from your CV that will demonstrate your best qualities.If in doubt, try to use examples you are enthusiastic about and would be comfortable elaborating on.Here are some tips on your CV.Treat your resume as an advertisement for you. Dont sell yourself short; your experiences are worthy for review by hiring managers. Be sure to thoroughly sell yourself by highlighting all of your strengths. If you have a valuable asset which doesnt seem to fit into any existing components of your resume, list it anyway as its own resume segment. Recent college graduates should include internships, part-time jobs in another area or field, volunteer work, involvement in school organizations, class work, involvement in management activities for sororities and fraternities, and participation in sports.2. WHAT DO YOU KNOW ABOUT THE COMPANY?Sometimes circumstances mean we just desperately need a job and it doesn’t matter which company employs us. Many will circulate their CV to as many recruiters and employers as possible just hoping that someone will be interested.That’s all fine but your interviewer will expect you to know about the company. Be prepared to answer questions about what the company does, any recent news articles and the company’s unique philosophy and branding. Google the name of the company CEO or look them up in Linkedin and come prepared with some facts.The more you can tell the interviewer about the company, the more they will warm to you and believe you have taken the time to consider why you want to work for them. On the other hand, if your interviewer thinks you haven’t done any research or don’t know much about their business, it can put them off instantly.To really impress your interviewer you could tell them why you prefer their philosophy or culture compared to one of their competitors.However only do this if you genuinely mean it. If y ou were to only learn three things about the company, think along the lines of their mission, the solutions they provide and a brief summary of the company’s history. Align these facts with your personal ambitions and why you will be a good fit for the company.For example you could say “I particularly like your company’s forward looking approach and the importance it places on its values. I was impressed with its record on equal pay for women and I am encouraged by its tough stance on bullying in the workplace. I think this is a place I want to grow my career.”Check out Levo for great tips on finding out about a company including this one right here:Hate to state the obvious, but if you’ve even applied for a job somewhere, you should at least know what the company does! Either way, make sure you’re really clear on this and can also speak to how working in that type of company fits into your own career goals. The best place to find this information is on the company ”ab out us’ page. 3. IF YOU’RE IN A ROLE, WHY DO YOU WANT TO CHANGE?This is a classic interview question and one that pops up all the time. In a way it’s a trick question so don’t fall into the trap of being negative about your current company or your colleagues.Your interviewer will probably be looking for clues that indicate you have a bad attitude or don’t work well as part of a team. They will expect you to highlight what you do like about your current job and why changing is the right move. If you’re only looking for a bigger salary it might be obvious.Bear in mind you will have to adapt to a new way of working and meet a whole bunch of new colleagues. Your interviewer will want to know why your convinced that joining them will be better.Are they more aligned with your personal values? Have you spoken to some people that work there and prefer their culture and ethos?You will need to provide positive and convincing reasons why changing from your current position is in yo ur best interests.It could be that your current company doesn’t keep up with change and that you want to join an innovative and fast moving company.Perhaps you want to join this company because of their outstanding record on equality in the work place or their flexible working hours.Whatever it is, you will need to convince your interviewer that you are changing for positive reasons and that joining them will be mutually beneficial.Example answer: “I have really enjoyed my time at my current company and there are some big reasons I wouldn’t mind staying. However all things considered I think the move is better for my career and my desire to learn new skills. Having spoken to some of your employees I think the cultural fit sounds better for me on the whole. In addition I believe I can bring a great amount of experience that can add real value in a new role.4. TELL ME ABOUT YOUR CURRENT ROLE AND WHAT YOU DO?This might be the first question thrown at you. You should definitely be prepared to give a detailed account of your current day to day activities, where you add value to your business and the experience you have gained.This is a real chance to shine and put your best self across. Try to include experience that might be relevant to the role you are applying for.If you deal with high volumes of requests, demanding customers or tight deadlines and think this is relevant to the role, make sure to elaborate. Be careful not to provide extremely long and detailed answers.Your interviewer is probably more interested that you are clear and confident in your current role and that you understand the overall picture.As always, be positive about your current circumstance and allow the interviewer to ask questions about your examples. Try to choose three to four highlights from your CV that you can talk about with enthusiasm and confidence.5. WHERE DO YOU SEE YOURSELF IN FIVE YEARS TIME?Interviewers will want to know that you take yourself seriously and that you hav e ambitions and plans for the future. Given the time it can take to make an impact at a new company they will want to know that you have taken the time to make goals and consider your career progression.They will want to know that   you aren’t just testing the waters with their company or using them as a stepping stone for something else.According to Entelo, the most common time to leave a company or change job is after 1 year, with roughly 45,000 per 1 million job changers moving after this time.With this in mind, your interviewer will be looking for signs that you are committed to the job and looking to make a long term impact. If this isn’t the case, don’t lie about it but take some time to think about where you’d genuinely like to be in five years time.Perhaps you’re at an early stage of your career and you’re not entirely sure how to answer this.That’s absolutely fine and you can say that you would like to gain experience to see how you handle certain aspects of a role or that you think there a number of options that would be of interest in the future.The key point is to convince   your interviewer that you have thought about this and are planning ahead.More on how to answer this question from website BigInterview here:The interviewer wants to understand more about your career goals and how this position would fit into your grand plan. They care about your career goals because they want to hire someone who is motivated, proactive, and likely to stick around and work hard if hired.6. WHAT EXPERIENCE DO YOU HAVE THAT WILL HELP YOU IN YOUR CURRENT ROLE?Think about the interviewer here. They might want a candidate who can ‘hit the ground running’ and be able to make a quick impact in the role. If you have relevant experience, make sure to mention this and elaborate on the synergies between your current role and the new position.This could be around managing stakeholders or negotiating skills.Or perhaps in an IT related function specific expe rience with certain software or applications.Try to provide anecdotal evidence to demonstrate how you could bring experience to the new role. If you work in customer services for example, you should be able to convince your interviewer that you can handle any customer and that your expertise can be used straight away.Or perhaps your sales skills and product knowledge can be used instantly in the new role.Example answer: “Over the years I have developed strong negotiating skills and am confident when dealing with customers and colleagues at all levels. I am used to dealing with high volumes of work and multiple projects at the same time and therefore am highly organized and able to work under pressure. I am used to managing clients expectations during busy periods and have effective prioritization skills.”7. ARE YOU A SELF-STARTER?Your employer will want to know that you don’t waste time or sit around doing nothing all day.Obviously the type of role will dictate how much of a s elf-starter you need to be. If you can demonstrate some times you took initiative to complete a project or change a process it will really show that you have the right attitude and want to add value to the company.Certain roles may require you to work on a reactive basis but maybe you can provide examples of a course you took to improve your skillset or a time you stayed late to really understand a complex aspect of your job. Anything to prove that you take action to get results will impress your interviewer.8. DO YOU RESPECT AND GET ALONG WITH MANAGEMENT?Simply try to avoid being negative about management and any bad experiences you have had. Your interviewer won’t expect you to love management but will want to know that you respect decisions made by your superiors.Getting along with your manager is often about regular communication and if you can demonstrate keeping a good relationship with previous managers, regardless of disagreements, your interviewer will be pleased.Perhaps you have in-depth knowledge and opinions about different management styles. If you truthfully can’t work under a certain management style you may as well say so now. For your own benefit you don’t want to join the company and find that your boss is your worst nightmare.Think about the size of the company you are joining as well. Huge organizations simply couldn’t function efficiently without cooperation and communication from their employees. Smaller companies might benefit from a closer, tight-knit group of people where management is more personable and interactive. Consider what your preferences and experiences are with management and how this might influence your performance at work.Example answer: “I have worked with different managers over the years and have seen different styles of management. I appreciate there is no one style that can appease each and every situation and that to function as a team, it helps to have an effective leader and respect their decisions. I a lso believe it is important to have honest and open communication on a regular basis.”9. WHAT IS IMPORTANT FOR YOU FROM A JOB?You might have taken the scatter-gun approach to job applications and why not. But employers looking for a long term candidate will be impressed if you can articulate exactly what you enjoy in a role and what satisfies you. This will convince them that you want to join the company and add value to their business.They will expect you to speak enthusiastically about aspects of your role and why this gives you satisfaction. They are more likely to hire a candidate that knows what they want. If you aren’t sure, have a think about what you genuinely enjoy doing and the type of tasks and roles that are suited to you.With an ever ageing population the likelihood is that most people entering the job market now will have to work longer to reach retirement age. Continuously taking jobs you don’t like is surely not sustainable in the long run.Do yourself and your employer a favor and consider what is important for you from your job.Website MyPerfectResume  can help if you struggle to answer this question:In my current job- the things I really value don’t have a lot to do with the main function of the job. Don’t get me wrong- I enjoy it- but what I really value is the way that it puts me in a position to support members of a team and work toward a goal together. I can do the work on my own when I need to- but I’ve always found that it is easier to keep your eye on the goal and contribute well when you also feel like you are supported by the people around you- and I like being one of the people who can provide that support- too.I value the same two things in every job- and I tend to look for opportunities that let me do more of them. Those two things are helping people understand new ideas and use them creatively- and seeing how multiple lines of creative thinking come together to make something new. That’s what attracted me to this po sition. It’s a chance to take a step forward by not only working on training a new team- but on delivering a fully-finished project that innovates on many levels- from its organization to its implementation.10. WHAT MAJOR CHALLENGES DID YOU FACE AND HOW DID YOU HANDLE THEM?Let’s face it every job has stresses and challenges. Some more than others but employers will want to know about your resolve and attitude when the going gets tough. In the United Kingdom alone, 12.5 million working days were lost in 2016/17 due to work-related stress, depression or anxiety. Your employer will know that you’re not invincible but they’ll want to know you can handle the challenges and stresses of the job.In certain financial services and accountancy roles there will be times when long hours and tight deadlines are expected. Employers will expect you to convince them that you can handle this type of pressure and won’t give up at the first sign of stress.Bring a couple of examples to your ph one interview and explain why you were challenged, why it was important to overcome the challenge and the steps you took to succeed.Try to think of a time you had to complete something in a short space of time or where you had some significant set backs. CONCLUSIONAfter reading the questions above that interviewers will expect you to answer, you can only do your best to prepare and to have the best chance of success.Below is a summary of the top things and tips to remember:PHONE INTERVIEW CHECKLIST1Be positive. 80% of communication is body language so you only have your voice to project over the phone. Try to build a friendly but professional rapport with the interviewer.2Know your CV inside out. Choose three highlights and be prepared to elaborate on them in great detail.3Give your interviewer the chance to speak. They will want to be heard as much as you and will expect you to listen to their questions in full. They will want to tell you about the role and the company so pay atten tion to what they are saying.4Stick to the point when answering questions. Your interviewer won’t necessarily be impressed by the length of your answers or overly complicated jargon. Think about what the interviewer is asking and try not to change the subject.5Be genuine. This can be difficult if you are trying really hard to impress your interviewer and you desperately want the job. But for your own benefit and the company’s, it won’t benefit anyone in the long run if you’re given the job on false pretences.6Learn about the company, the job and the industry if you haven’t already. Come prepared to talk about recent news articles, the company’s mission statement and how you will be a good fit. Try to find out if there have been any game-changing developments in the industry such as new laws and regulations or break throughs in technology.7Don’t be negative about your old company or colleagues.8Don’t answer the phone to any unrecognized numbers. If you do, be prepared that this could be your future employer calling to arrange the first interview. On this note, keep a list of all the roles you have applied for. They won’t be impressed if you can’t remember sending the application.9Think about tasks and activities you enjoy in a job. When you speak about these your interviewer will be able to sense your enthusiasm and passion. This will do wonders to convince them you are the right person for the role.10Stay focused and don’t allow any distractions. If you are taking the call from home, don’t slouch on the sofa or have the TV on mute. As much as possible treat this as a real face-to-face interview. Keep a copy of your CV, and any other useful information, close at hand.

Relationship Between Cancer And Alzheimer s Disease

Results from the Framingham Heart Study published by Driver et al, 2012(27) discussed the relationship between cancer and Alzheimer’s disease, using hazard ratios and 95% confidence intervals. From this, it was concluded that â€Å"cancer vulnerability may protect against Alzheimer’s, and vice versa.† It was suggested that this may be due to both diseases sharing similar genes and proteins, providing even more reason to research further into proteins such as the immunophilins, which have a role in both diseases. Analysis of genes from large databases would further improve knowledge on the immunophilins. 4.Is there a Role for Targeting Immunophilins in Neurodegeneration? 4.1 Angioneurins In recent years, it has become clear that the neural and†¦show more content†¦4.2 Immunophilin Ligands Steiner et al, 1997,(30) found that an immunophilin ligand, GPI-1046, caused regeneration of nerve axons and myelin, and also protected nerve fibres in vitro and in vivo in rat studies, providing evidence that there is potential with regard to immunophilins and neuroprotection. Another paper by Poulter et al, 2004(31) also suggested that immunophilin ligands derived from FK506 are effective in preventing neuronal degeneration in animal studies, however in clinical trials these effects were debatable, which may be rectified by carrying out a trial for a longer period of time. The authors commented that the inconsistent results show that the action of these ligands is not fully understood. TABLE 1. The Role of Angioneurins in Neurodegeneration, adapted from the original table by Zacchigna et al, 2008 (28) Angioneurin Result of Loss of Function Result of Gain of Function Receptor Expression VEGF (Vascular Endothelial Growth Factor) Increased risk of ALS in humans and mice. Motor neurone loss in hypoxic mice Improves memory and learning and provides neuroprotection in models of ALS and PD, in CNS and PNS in jury and in neuropathy and retinal degeneration Receptors expressed by endothelial cells, bone marrow progenitors and various neural cell types. VEGFR1 is more abundant in glial cells and VEGFR2 in neurons NGF (Nerve Growth

The Importance of Reading Essay - 1130 Words

The Importance of Reading â€Å"Why do you read all the time?† A frequently asked question of my past and I still find it repeated even now as I have entered a higher class of the educated. Whenever posed with this blatant criticism of my preferred free time activity, I simply answer with â€Å"Why don’t you read all the time?† Of course I might sound like the biggest geek that ever walked the face of the earth, but the fact of the matter is that no matter what negative stereotype is attached to those who read, it has never stopped me from continuing to pursue my joy of literature. I am a firm believer in the power of a book and that the fact that the more well read you are the better chance you have of relating to entirely different groups of†¦show more content†¦Jane Austen is the main reason why I love to read and through her books I entered such a wonderful, long-dead, society of chivalry and protocol, where the characters feel so real and you only wish you could be Elizabet h Bennet falling for Mr. Darcy and becoming mistress of Pemberly. Not only is my love for British literature born from Shakespeare, but also from my love for history. I have been enamored with the past for as long as I can remember. History has shaped every aspect of our society today and is something to be reverenced and remembered. When I was nine years old my family moved from South Africa to the former Soviet Union, more specifically to a little country called Latvia. This might have been the best move to better ignite my passion for history as the country is ancient and so is its culture. I visited every ruin and castle I could in the four-year span I was there. And as a result my writing blossomed as my imagination and knowledge of the ancients expanded with the combination of my extensive reading. I remember when I was in fourth grade we had to write a short children’s book. At first the idea scared me and I had what I call baby writers block. I could not think of a good topic to write it on and for the first time in my young life I was at a loss for words and ideas. After communicating this to my teacher she simply gave me a look of â€Å" Well, what do you want me to do about it?† and went about herShow MoreRelatedReading And Reading : The Importance Of Reading931 Words   |  4 Pagesthinking about all the things I could be doing besides reading. 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My mom and dad would always read books or newspapers at aRead MoreImportance Of Reading1188 Words   |  5 Pages The Importance of Reading Growing up throughout the years it goes from teachers reading books to your class to books getting assigned to you to read independantly. Most of the books assigned would be so boring and pointless to read. Normally when I got assigned a book I would just read through it trying to comprehend some parts of it. I never tried to enjoy it or show an interest in the book. Reading to me was not something I ever enjoyed doing. I did not like reading for pleasure and for classRead MoreThe Importance Of Reading And Reading1045 Words   |  5 PagesReading is an activity we are constantly faced with from the moment we learn to do it basically, just like walking or sitting down. However, people learn to read in order to communicate, to express, and to project things that are hidden inside their own minds and they will not come out easily by just talking. 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In fact, according to research, by the end of the third grade, if students are still poor readers, he or she will most likely struggle to understand what is taught in later the grades—I can attest to this (Ramos Murphey, 2016). Growing up, reading has always been a challenge for me. Today, I consider myself to be a struggling reader. At times, I find myself saying the following: â€Å"I love words and to write; howeverRead MoreThe Importance Of Reading1193 Words   |  5 PagesI can’t lie, reading isn’t one of my favorite things to do, but reading is a way of life. As I get older i’m finally realizing why it was so important for me to learn how to read,being in high school has definitely been a challenge learning big word and also as you get older you are exposed to more and more bigger words. Reading is something I have not been the greatest in since I was a little kid,I remember being a 6th grader on a 4th grader reading level when we took star reading test. TakingRead MoreReading And Reading : The Importance Of Reading Books1019 Words   |  5 Pagesreached high school. I think my desire faded away because I went from reading books of my choice for enjoyment, to reading books my teachers chose for a letter grade. The same experience happened with my passion for writing as well, I enjoyed telling stories when I was younger but when I got into high school and I had to start writing about the books I didn’t even want to read, the fun in it faded. I never really picked up reading for enjoyment again, however I do still enjoy the stories books haveRead MoreThe Importance Of Reading Essay816 Words   |  4 Pages Reading is not just a fun and great pastime, it is a great way to make your mind explore the great unknown, pus h boundaries and survey what surrounds you. According to Josep Dalmau, MD, PhD, he did a study on life-span cognitive activity, neuropathology burden, and cognitive aging which reading helps your brain activate. With other proven facts that reading does help the brain to stay sharp and can even go as far as to say it can prevent Alzheimer’s its no wonder that I fight for the knowledgeRead MoreThe Importance of Reading and Writing655 Words   |  3 PagesThe Importance of Reading and Writing Reading and writing are both important; you can’t have one without the other. They are skills that are increased constantly due to little things that most times are not noticed. Whether it is from a book to a poem, there will always be a way that it helps out your school performance. Reading and writing in general only helps absorb information, and enhance leisure or school related writing tasks. It has also made life itself so much easier because reading

Middle Class Free Essays

Question: When you consider how far apart the conflict and functionalist views of the social class system is, your eyes must surely be drawn to the evidence each uses to support the divergent assessments. What about that evidence? What would count for evidence? What if anything might settle the disagreement among sociologists about the nature, the desirability, and the composition of our social class system? How can we tell whether there is sufficient upward social mobility in the U. S. We will write a custom essay sample on Middle Class or any similar topic only for you Order Now ? Answer: The evidence is within the middle class. When the middle class wealth and population expands, social mobility is moving upward.The middle class stabilize the economy and maintain balance. It would seem less likely that a conflict between the lower and upper class would create a revolution of a classless America. The conflict theory may seem to have diminished. When a majority of the population feel secure within their class. Upward mobility among the middle class may not be as desirable as in the lower population. As long as you have as much or maybe a few more modern technologies (gadgets) than your parents, many individuals believe their own mobility, compared to their parents, is positive.Even though their overall wealth and freedom is significantly less. A revolution would seems less likely. Of course, the upper class are satisfied with the system as is. The middle class are optimistic about their mobility because they are so grateful to not be in the lower working class, so they think. Even though it’s not likely that they would ever become apart of the most upper class, they stand behind the functionalist theory and support the system because of the possibility.Presently, the middle class is the large majority of the American class system. However, Kornblum research shows that middle class has the highest shrinkage rate and downward mobility. If the middle class population no longer existed, more people would become unhappy with the system. Their position in the lower class would be obvious. The conflictionist would have the evidence they need. The fuctionalist would see that there has been no advancements in the overall population because the rich have all the incentives, there is no more money to be made. How to cite Middle Class, Papers

Term Structure of Interest Rates Essay Example

Term Structure of Interest Rates Paper Forward rate for a I-year bond in 2 years Forward rate for a 1 year bond in 3 years = 10% What is the price of a 3, year zero coupon bond with a face value of $100? Correct Answer: Question: Calculate the expected holding period return for an investor who p researches a 5. 5% two-year bond and plans to sell it after one year. The Burch ease price is $97,350, the expected market rate for a one year bond in one year is 7. 20% and the bond pays coupon interest annually. The bond has a SOCIO face value. Correct Answer: Question: An investor with a one- year investment horizon has chosen to invest in a four-year bond. Find the expected market rate of a three-year bond in one year if the forward rate, is 6. 4% with a liquidity premium of 50 basis points? Correct Answer: 5. 9% 6. 74% SIS_ASS Question: Compute the spot rate for a 2-year zero coupon bond given the i) I year 3. 5% coupon bond, ii) 2-year 11% coupon bond and iii) 3-year 10. 2% co upon bond are 11. 5%, 10. 5% and 10% respectively. All coupon bonds pay interest annually and have a face value of SOCIO. Correct Answer: Question: We use data to study the term Structure Of interest rates. Correct Answer: Question: The expectations theory of the term strut true of interest rates states that Correct Answer: Question: forward rates are market expectations of future interest rates. Cross sectional 10. 45% Calculate the expected holding period return for an investor who purchases a 7. 5 0% two-year bond and plans to sell it after one year. The purchase price in 5102. 0 00, the expected market rate for a one year bond in one year is 6. 25% Asses. shred. ND the bond pays coupon interest semi- annually. The bond has a $100 face value. Coupons can be reinvested at 6% p. A. Until the end Of the holding period. Correct Answer: 6. 57% Question: Which of the following statements are FALSE? Correct Answer: under the liquidity premium theory invest torso would demand a liquidity premium from a bond with a maturity that matches their investment horizon. Question: The yield curve shows the relationship between: Correct Answer: Question: Manchuria Bank purchased a large a mount of Commonwealth Government Bonds (CAB). We will write a custom essay sample on Term Structure of Interest Rates specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Term Structure of Interest Rates specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Term Structure of Interest Rates specifically for you FOR ONLY $16.38 $13.9/page Hire Writer They wish to strip and repackage the coupon interest as individual zero coupon bonds, According to their calculations, the term structure of interest rates suggests that the spot rate of a 2- year zero coupon bond is 10%. You would advise Manchuria to advertise a yield to on the 2-year zero coupon bond. Selected Answer: Correct Answer: Response Feedback: less than 10% In order for Manchuria Bank to earn a return on the IR coupon strapping they would need to offer a yield less than 10%. The yield on a bond and the time to maturity of the bond Asses. shred.. Online Quiz Questions for Week 4 Topic: Duration Question: When interest rates decline, the duration Of a II- year bond selling at a premium Correct Answer: Question: Who ICC Of the following is incorrect? Correct Answer: Question: The duration of a bond that pays coupon interest annually is 8. 05 yea The yield to maturity Of the bond is 10%. If the yield falls by 25 basis points , what is the percentage change in the price of the bond? Correct Answer: Question: The duration of a bond is positively correlated with the bonds Correct Answer: Question: Which of the following two bonds is more price SE incentives to changes in interest rates? A par value bond, X, with a 5-year- to;maturity and a yield to maturity. A zero;coupon bond, Y, with a S; year-to-maturity and a 10% yield to maturity. Selected Answer: Correct Answer: Response Feedback: Question: The two components of interest-rate risk are Correct Answer: Question: Holding other factors constant, the interest- ate risk of a coupon bond is higher when the bonds: Correct Answer: Question: Duration is important in bond portfolio management because l) it can be used in immunization strategies, II) it provides a gauge of the effective average maturity of the portfolio. Ill) it is related to the interest rate sensitivity of the portfolio. IV) it is a good predictor of interest rate changes. Selected Answer: Correct Answer: I and Ill , II, and Ill yield to maturity is lower. Price risk and reinvestment risk. Both have the same sensitivity because both have the same yield to maturity. Bond Y because Of the longer duration. Duration is the best mesas ere of bond price sensitivity; the longer the duration the higher the price sensitivity. Time to maturity. I . 83% The duration Of a zero- coupon bond decreases with an increase in time to maturity. Increases. Response Feedback: Duration can be used to calculate the approximate e effect of interest rate changes on prices, but is not used to forecast interest rates, Question: When interest rates decline, the duration of a II- year bond selling at a premium Selected Answer: Correct Answer: Question: Which of the following is incorrect? Correct Answer: Question: Compute the duration of a overvalue bond with a coupon rate of and a remaining time to maturity of 3 years. Assume coupon interest is paid annually and the bond has a face value $100. Correct Answer: Question: The duration of a bond that pays coupon interest annually is 8 . 05 years. The yield to maturity of the bond is 10%. If the yield falls by 25 basis points, What is the percentage change in the price Of the bond? Correct Answer: Question: Which of the following are true about the interest- rate sensitivity Of coupon bonds? Bond prices and yields are inversely related. II Prices of long-term bond s tend to be more sensitive to interest rate changes than prices Of short- term bonds. Ill Interest-rate risk is directly related to the bonds coupon rate. IV The sensitivity of a bonds price to a change in its yield to maturity is NV resell related to the yield to maturity at which the bond is currently selling. Correct Answer: Question: You have an obligation to pay $148 in f our years and 2 months. In which bond would you invest your $100 to accumulate this amount, with relative certainty, even if the yield d on the bond declines to 9. 5% immediately after you purchase the nod? All bonds pay interest annually and have a tact value of $100. Selected Answer: Correct Answer: Response Feedback: a 6- year; 10% coupon overvalue bond a 5-year; 10% coupon overvalue bond l, II, and I V I 2. 783 years. The duration of a zero- coupon bond decreases with an increase in time to maturity. Decreases. Increases, Response Feedback: The relationship between interest rates and duration is an i inverse one for coupon bonds. When duration = horizon date, one is minimized, or protected, against one interest rate change. The Zero coupon bond has a D = 5 and the 4- year bond has D e 4. Next choice should be the 5-year bond. Despite the change in yield to 9. 5%, the consequent duration = (10/1. 095)/ 100 100 = 4. 2 years months. Therefore select 5 year, 10% coupon bond. 4 years and 2 Online Quiz Questions for Week 5 Topic: Efficient Portfolios Question: Assume an investor has the following utility function, U E(RPR) O_Scoop, where her degree of risk aversion is 2. To maximize her expected utility, she would choose the asset with an expected return of and a standard deviation of returns of respectively. Correct Answer: Question: The variable A in the utility function represents the: Correct Answer: Question: Minimum variance portfolios of n risky securities are portfolios that: Correct Answer: Question: The expected return of a portfolio of risky securities: Correct Answer: Question: An indifference curve locates the risk re turn combinations Of a number Of portfolios that offer the same level of to an investor with a given degree of risk aversion. Correct Answer: hypothetical; utility Is a weighted average of the securities returns Have the smallest standard De aviation Of returns for a given level Of expected return Investors aversion to risk Question: The utility score an investor assigns to a particular pop Tivoli, other things equal, Selected Answer: Correct Answer: Will decrease as the variance of returns decreases none of the above Utility is enhanced by higher expected returns and diminished by higher risk. Question: In the absence of risk- tree lending and borrowing, the optimal risky portfolio (ARP) offers: Correct Answer: The largest utility Question When two risky securities that are not perfectly positively correlated are held in a portfolio, the portfolio standard deviation of returns will be the weight d average of the individual security standard deviations. Selected Answer: Correct Answer: Response Feedback: B or C less than Whenever we use two securities that are less than perfectly positively correlated to form a portfolio, the portfolio standard deviation Of returns Will be less than t he weighted average standard deviation of returns of the constituent securities. This risk reduction is the reason for diversification. Question: The standard deviation of returns of a portfolio of risky securities is: Correct Answer: The square root of the sum of weighted variances and covariant once of returns of the securities Question: Steve is more risk-averse than Edie. On a graph that shows Steve and Edi?s indifference curves, which of the following is true? Correct Answer: Staves indifference curves will have steeper slopes than Dies Question Other things equal, diversification is most effective when: Correct Answer: Securities returns are negatively correlated Question: Efficient portfolios of n risky securities are portfolios that: Correct Answer: Have the largest expected return for a given level of risk Question: A statistic that measures how the returns o f two risky assets moue together is: Correct Answer: C and D Question: When two risky securities that are not perfectly positively correlate d are held in a portfolio, the portfolio standard deviation Of returns Will be the weighted average of the individual security standard deviations. B Orca less than to form a portfolio, the portfolio standard deviation of returns will be less than t Online Quiz Questions for Week 6 Topic: Optimal Portfolios Question: An investors optimal balanced portfolio is the portfolio that: Correct Answer: Question: When using EXCEL to locate the optic mall balanced portfolio, the purpose is to: @When using EXCEL , the objective function is to identify the composition of the balanced portfolio (the allocation of funds between the ARP and the risk free as et) that gives rise to the highest utility, Correct Answer: Question: G even an optimal risky portfolio with expected return to 14% and standard deviation of returns of and a risk free rate of what is the SSL pope of the best feasible capital allocation line? Correct Answer: Question: Suppose your initial wealth is 51000, The risk free asset makes up of your optimal balanced portfolio. Tellers makes up 15% of you our optimal risky portfolio. How much do you invest in Tellers? $150 $210 Amount invested in your optimal risky portfolio = 51000 x 140% 51400; Amount invested in Tellers = $xx = $210 0. 36 Maximize the utility of the balanced portfolio by changing the weight allocated to the optimal risky portfolio Maximizes his utility Question: Other things being equal, when you combine a RI ask free asset With a portfolio Of risky assets, the larger these tankard deviation of return of the portfolio of risky assets. The larger the standard deviation of return of the balanced portfolio. Selected Answer: Correct Answer: Response Feedback: A and B This statement is always true The standard deviation of returns of the balanced portfolio is given by B = yap because the standard deviation of returns of the risk free asset and the variance of returns between the risk tree asset and the portfolio of risky assets are zero. Question: Which of the following statements regarding the capital allocation n line is false? Selected Answer: Correct Answer: Response Feedback: The slope Of the capital allocation line is obtained by dividing the expected return of a portfolio of risky assets by the standard deviation of returns of the portfolio Both A and C are true The capital allocation line shows the risk return combinations of a set of balanced portfolios that combine a risk-free asset With a portfolio Of risky assets in different proportions. Its slope is the reward to variability ratio and measured as the excess portfolio return per unit of (standard deviation) risk. Thus, both A and C are true. Question: The capital allocation line can be described as the: Correct Answer: Investment opportunity set formed with a risky asset and a risk-free asset Question: An investor invests of his wealth in a risky asset with an expected rate of return of 15% and a standard deviation of returns of 20% and 70% in a T- bill that pays His portfolios expected return and standard deviation n of returns are Question: The separation theorem says: Selected Answer: Correct Answer: Response Feedback: Two or more of the above are correct The choice of the optimal risky portfolio is independent of the investors degree of risk aversion The separation theorem States that in the presence Of a risk free asset, the decision regarding the choice of portfolios of risky assets is separate and independent Of the investors degree Of risk aversion. The degree Of risk aversion only affects the choice of balanced portfolios. The more risk averse you are, the less you allocate your capital to the optimal risky portfolio. Question: Which of the following securities would a risk- averse investor always choose as his sky asset in his balanced portfolio, given that a Treasury- bill has a rate of return of 5%? Correct Answer: security C: E(r)- 12%; standard deviation Question: Having a kinked capital allocation line can be a result of: Correct Answer: Question: Which of the following securities would a risk- risky asset in his balanced portfolio, given that a TreasurY bill has a rate of return of Selected Answer: Question: Suppose your initial wealth is 51000 The risk free asset makes up 40% four optimal balanced portfolio. Tellers makes up 15% of your optimal risky portfolio. HOW much do you invest in Tellers? Selected Answer: Correct Answer: Response Feedback: $240 $210 Amount invested in your optimal risky portfolio = 51000 x 140% = 51400; Amount invested in Tellers = $xx 15% = $210 Cannot be determined Security C: E(r) 1 Standard deviation = Security C has the highest reward to variability ratio. Reward to variability ratio (0. 12 0. 05)/0. 1 0. The borrowing rate exceeding the lending rate Question: Your optimal balanced portfolio consists of an optimal risky portfolio w tit expected return of 20% and standard deviation of returns of 10% and a risk; free asset with expected return off%. Your level to risk aversion is 8. What is the proportion of funds allocated to the optimal portfolio of risky assets (your)? Correct Answer: Question: It investors can borrow and lend at the same risk free rate, which one of the following statements is correct? Correct Answer: The capital allocation line sis straight line 200% Question: If the borrowing rate is higher than the lending g rate, which one of the following statements is correct? Investors with different degrees Of risk aversion Will always choose the same portfolio of risky assets Portfolios lying on different regions Of the capital allocation line have different reward to variability ratios If the borrowing rate is higher than the lending rate, this Will result in a kinked capital allocation line, meaning i) an investors degree of risk aversion affects the choice of the ARP, and ii) portfolios that lie on the CAL may have different reward to variability ratios. Question: Which of the following securities would a risk, bill has a rate of return of 5%? Selected Answer: Correct Answer: Response Feedback: Question: Which of the following statements regarding the capital a Location line is false? Selected Answer: Correct Answer: Response Feedback: The capital allocation line is also called the efficient frontier of risky assets n the absence of a risk-free asset Both A and C are true balanced portfolios that combine a risk-free asset with a portfolio of risky assets and C are true. Cannot be determined Security C: 12%; Standard deviation = ratio = (0. 12 0. 05)/0. 1 = 0. 7 Online Quiz for SIMI Question: As diversification increases, the toot I of a portfolio approaches Question: Which of the following is true regarding RE? Question: Which of the following is correct about the stocks alpha? Selected Answer: Correct Answer: Response Feedback: Question: The index MO del has been estimated for stocks A and g with the following results: RA- 0. 1 + 0. 02 + 1. ARM SMS -0. 20 s(EAI) s 0. 0 The standard deviation of returns of stock A is Correct Answer: Question: The Security Characteristic Line (SSL) Selected Answer: Correct Answer: Response setback: plots the excess return on a security as a function of the excess return on the market. All of the above. The security characteristic line, which plots the excess return of the security as a function of the excess return Of the market allows one to estimate both the alpha and the beta of the security. 0. 2335 under CAMP, alpha is zero at all times under CAMP, the value of alpha is zero when the market is at equilibrium Lender CAMP, the expected (equilibrium) value Of alpha is zero, although alpha could be positive, negative or zero the variance of the market portfolio Question: Analysts may use regression analysis to estimate the market model for a stock. When doing so, the intercept of the regression line is an estimate of . Selected Answer: the a of the asset Correct Answer: Response Feedback: Question: The Security Characteristic Line (SIC_) associated with the single- index model sis plot of Correct Answer: Question: The index model for stock k B has been estimated with the following result: ORB = 0,01 l, RIM ebb If MM 020 and RIB = 0. 50, the standard deviation to returns of stock B is Correct Answer: Question: Which of the following statements are true? Selected Answer: Correct Ensures: Response Feedback: the characteristic line is a regression output of the security market line. It is common to ignore the risk free rate and estimate the market model instead. A is incorrect because SMS shows you the relationship between the return Of a security in relation to its systematic risk (as measured by b) whereas the characteristics line shows the relationship between a stocks excess return to the markets excess return. B is also incorrect because a large alpha could be accompanied by a I-stats Of less than I . 96 (or 2 as per the rule Of thumb), hence making the output insignificantly different from O. RE measures the proportion of variation of the stocks excess return that is explained by the 0. 3111 the securitys excess returns on the vertical axis and the market indexs excess returns on the horizontal axis. None of the above The market model is a regression of total stock returns on total market returns. The intercept is neither b, s nor d, and is not the a to the asset, which is the intercept of the single index model which uses excess returns. As awe. shred.. Markets excess return, not the other way around. Hence C is incorrect. D is correct as practitioners typically use the market model instead of following the single index model strictly. Question: A single- index model uses as a proxy for the systematic risk factor. Correct Answer: Question: As diversification increases, the total variance Of a portfolio approaches . Selected Answer: none of the above Correct Answer: Response setback: Question: Analysts may use regression analysis to estimate the market model for a stock.