Concert report Essay Example | Topics and Well Written Essays - 750 words - 2

Concert report - Essay Example s are performed outdoors, this lighting issue becomes a particular concern due to the fact that the performance is not lighted at all or incorrectly lighted; severely taking away from the more theatrical elements that the show might entail. However, as previously stated, this was not the issue at the concert which was performed September 12th. The lighting worked to augment the overall performance as it was in sync with the performance while at the same time it was not so overpowering that it took away from the overall performance. Likewise, due to the fact that concert was indoors, the sound quality was also superb. Although I fully enjoy outdoor concerts due to the surrounding nature and the feeling of being outdoors while enjoying some of my favorite music, the primary problem with such concerts (apart from the one previously mentioned) is the fact that the sound equipment has to be arranged at the front near the stage; this leads to a very one dimensional sound and is actually unbearably loud for those participants in the front area. Accordingly, when a concert is performed indoors, the audience can fully enjoy the same quality of sound at the very back of the venue due to the fact that the surround sound system is advanced enough to present the same quality sound to everyone that is at the concert. In this way, the sound quality and noise level was perfect so that it was not so unreasonably loud nor difficult to enjoy the full texture and sound of the music in various parts of the venue. Likewise, when I was there, I made my way to the front when it was time for my favorite song; even there, the sound stage had been set up in such a way that the noise level was higher but not painfully loud so that it made the experience enjoyable. Audience participation was perhaps the best part of the concert however. Even though there were several thousand people at the concert, it was not obvious to the concert goers that they were not witnessing a live intimate

MGMT444 U2 IP Research Paper Example | Topics and Well Written Essays - 750 words

MGMT444 U2 IP - Research Paper Example Personality can be defined as some sets of unique mental characteristics and traits that provide consistency to behavior of an individual across several possible situations. Self-confidence, warmth, enthusiasm, extroversion, emotional stability, assertiveness, trustworthiness, flexibility, sense of humor and assertiveness are some personality traits that help leaders to act differently in an organization based on the characteristics and demands of different situations. In terms of cognitive differences, several cognitive factors associated within some effective leadership process, such as creativity, innovation, openness, knowledge, skills and conceptual thinking generally help the leaders to guide entire team quite effectively towards the developed goals and objectives. Values are important aspects. Each and every leader should try to possess moral, ethical, professional and personal value in leadership style in order to become a great leader. It is true that effective value in lead ership process helps a leader to gain respect and popularity in an organization. Emotion can be considered as one of the important personality traits of a leader that helps to understand the needs of followers and guide them towards the objectives respectively. Each and every leader should develop a positive and idealized vision to meet the objective (George, 2003). Charisma in leadership process can help a leader to lead from front and motivate sub-ordinates quite effectively. It helps to maintain an effective and conflict free workplace environment. Leadership process can be considered as an important aspect of each and every leading multinational or domestic organization as effective leadership style helps an organization to become successful. Courage and moral are two important elements that should be considered in leadership styles of each and every leader to become one of the greatest leaders. Courage in

Objectification of Women by the Media Essay -- Feminism Feminist Women

Objectification of Women by the Media      Ã‚  Ã‚     The objectification of women is commonly used to refer to the presentation of women in the media as an object. Women's bodies are routinely used as objects to sell various products. In certain pictures women are presented as being vulnerable and easily overpowered especially in ads were they have on revealing clothing and take on submissive roles. These images are found in music videos as well, where the focus is only a particular body part. Lyrics to some songs promote this objectification as well.    "In many magazine advertisements women are often viewed as objects rather than human beings. Instead of focusing on the woman as a whole, many ads will just focus on one part of her body" (Objectification of Women).Often the focus is on a leg, a neck, a headless torso, etc. One Guess Eyewear ad has a man's head resting on a woman's torso. While her breasts are visible, her head is not. Skyy Vodka continually uses women's legs in their advertisements. One ad for Lily of France which spans the bottom of two pages not only focuses on a headless torso, but compares the breasts to speakers. Women's bodies are used as desirable objects to attract attention to the product. This is occurring in increasingly ridiculous ways. An ad for Visa found in several teen magazines shows only a woman's stomach. A naked woman with her face tucked away holds a Palm Pilot. The text reads, "Simply Palm". About-Face (an organization which combats negative and distorted images of women) features commenta ry on that particular ad. "Simply gratuitous use of naked female body to sell high-end electronic gizmo to gullible (mostly male) public.   Esquire magazine featured on its Febuary 2001 cover, a naked Ital... ...phy Ignites the Self-Destructive Pursuit of Perfection." Student Advantage. 1998 Bonzo, Amanda. "Objectification of women stems from media images." Pennsylvania: Collegian Inc. 2001. Dittrich, E. A. "Sociocultural factors that influence body image satisfaction in women. "(Doctoral   Dissertation, California Institute of Integral Studies, 1997.) Dissertation Abstracts International.   1997 Journal of Personality and Social Psychology Vol. 75, No. 1, 269-284 Mtv News Now: "When Sex Goes Pop: Not That Innocent" Viacom International. Inc. 2000. Avner, Judith A. New York Governor's Task Force on Sexual Harassment Sexual. "Harassment:   Building a Consensus for Change." 1993 Objectification of Women. "Sexual Objectification of Women" PsychoHeresy Awareness Letter, V7N2, March-April 1999 Zarchikov, Rebecca, "Show Me, Don't Tell Me."   

Of Mice and Men: Euthanasia

Death is one of the things humans have to understand in order to be able to live through life. Being born, growing up, learning to survive, and earning a living, these are all the milestones into becoming a statistic. Like dying, mercy is a fortunate circumstance that a person has in any situation towards a variety of offenders. Some say that mercy is a blessing resulting from a divine favor. In the story, â€Å"Of Mice and Men† by John Steinbeck, Lennie was euthanized by George, Lennie’s caretaker/ friend.I believe that George, as a friend, only killed Lennie in grand admiration of Lennie’s already ill-fated continuance, like Candy’s dog. In the world of â€Å"Of Mice and Men†, Candy’s dog represents the fate awaiting anyone who has outlived his or her purpose. Quotes from Carlson, a ranch-hand, reveals this saying, â€Å"†Whyn't you get Candy to shoot his old dog and give him one of the pups to raise up? †, â€Å"I can smell t hat dog a mile away. †, â€Å"Got no teeth, damn near blind, can't eat. Candy feeds him milk. He can't chew nothing else†, and â€Å"He’s all stiff with rheumatism.He ain’t no good to you, Candy. An’ he ain’t no good to himself. † After this scene, Candy finally lets Carlson euthanize his dog. Both Lennie and Candy's dog would suffer if they lived. Candy's dog relates to the reason why Lennie was killed by George. Candy’s dog wasn't in good health and Lennie killed Curly's wife and would be in trouble with the law. Although Carlson promises to kill the dog painlessly, his insistence that the old animal must die supports a cruel natural law that the strong will dispose of the weak.Afterwards, Candy has regrets about the ordeal, and wishes he would have killed the dog himself instead. Like how Candy’s dog was euthanized, Lennie also was. He was killed with far greater compassion though. George loves his friend Lennie, whom he has looked after faithfully, and he doesn't want Lennie to die horribly. He euthanized him out of love, therefore he is justified. Since Lennie unwittingly killed Curley's wife, George knows that there is no way to save him now. Even if they do escape, Lennie will never be safe because he doesn't know how to avoid getting into trouble.Furthermore, if Curley gets his hands on Lennie, he will make his revenge be slow, terrifying, and painful. Therefore, George knows that the only way to protect Lennie is to shoot him. Lennie’s puppy is one of several symbols that also represent the victory of the strong over the weak. Lennie kills the puppy accidentally, as he has killed many mice before, by virtue of his failure to recognize his own strength. When Curley's wife screamed, he didn't know how to make her stop, except by force. Evidence supports that George must save his friend by mercifully killing him.†Of Mice and Men† reflects upon many situations of mercy in man y varieties. In this manner George is a divine favor over Lennie’s life bestowed upon him by Aunt Clara. As Lennie’s blessing, George had the god given right to distribute mercy upon his â€Å"other-half† in unfortunate circumstances. For this reason, Carlson and Curley represent the harsh conditions of a distinctly real world, a world in which the weak will always be vanquished by the strong and in which the rare, delicate bond between friends is not appropriately mourned because it is not understood. Of Mice and Men: Euthanasia Death is one of the things humans have to understand in order to be able to live through life. Being born, growing up, learning to survive, and earning a living, these are all the milestones into becoming a statistic. Like dying, mercy is a fortunate circumstance that a person has in any situation towards a variety of offenders. Some say that mercy is a blessing resulting from a divine favor. In the story, â€Å"Of Mice and Men† by John Steinbeck, Lennie was euthanized by George, Lennie’s caretaker/ friend.I believe that George, as a friend, only killed Lennie in grand admiration of Lennie’s already ill-fated continuance, like Candy’s dog. In the world of â€Å"Of Mice and Men†, Candy’s dog represents the fate awaiting anyone who has outlived his or her purpose. Quotes from Carlson, a ranch-hand, reveals this saying, â€Å"†Whyn't you get Candy to shoot his old dog and give him one of the pups to raise up? †, â€Å"I can smell t hat dog a mile away. †, â€Å"Got no teeth, damn near blind, can't eat. Candy feeds him milk. He can't chew nothing else†, and â€Å"He’s all stiff with rheumatism.He ain’t no good to you, Candy. An’ he ain’t no good to himself. † After this scene, Candy finally lets Carlson euthanize his dog. Both Lennie and Candy's dog would suffer if they lived. Candy's dog relates to the reason why Lennie was killed by George. Candy’s dog wasn't in good health and Lennie killed Curly's wife and would be in trouble with the law. Although Carlson promises to kill the dog painlessly, his insistence that the old animal must die supports a cruel natural law that the strong will dispose of the weak.Afterwards, Candy has regrets about the ordeal, and wishes he would have killed the dog himself instead. Like how Candy’s dog was euthanized, Lennie also was. He was killed with far greater compassion though. George loves his friend Lennie, whom he has looked after faithfully, and he doesn't want Lennie to die horribly. He euthanized him out of love, therefore he is justified. Since Lennie unwittingly killed Curley's wife, George knows that there is no way to save him now. Even if they do escape, Lennie will never be safe because he doesn't know how to avoid getting into trouble.Furthermore, if Curley gets his hands on Lennie, he will make his revenge be slow, terrifying, and painful. Therefore, George knows that the only way to protect Lennie is to shoot him. Lennie’s puppy is one of several symbols that also represent the victory of the strong over the weak. Lennie kills the puppy accidentally, as he has killed many mice before, by virtue of his failure to recognize his own strength. When Curley's wife screamed, he didn't know how to make her stop, except by force. Evidence supports that George must save his friend by mercifully killing him.†Of Mice and Men† reflects upon many situations of mercy in man y varieties. In this manner George is a divine favor over Lennie’s life bestowed upon him by Aunt Clara. As Lennie’s blessing, George had the god given right to distribute mercy upon his â€Å"other-half† in unfortunate circumstances. For this reason, Carlson and Curley represent the harsh conditions of a distinctly real world, a world in which the weak will always be vanquished by the strong and in which the rare, delicate bond between friends is not appropriately mourned because it is not understood.

Sarbanes Oxley Act Of 2002 - 1410 Words

The Sarbanes-Oxley Act of 2002, also known as the SOX Act, is enacted on July 30, 2002 by Congress as a result of some major accounting frauds such as Enron and WorldCom. The main objective of this act is to recover the investors’ trust in the stock market, and to prevent and detect corporate accounting fraud. I will discuss the background of Sarbanes-Oxley Act, and why it became necessary in the first section of this paper. The second section will be the act’s regulations for the management, external auditors, and companies, mainly publicly-traded companies, and the cost and benefits of the act. The last section will be the discussion of the quality of financial reporting since SOX and the effectiveness of SOX provisions to prevent†¦show more content†¦Following these series of failures, SOX was enacted to restore investor’s confidence which was rattled and to prevent accounting frauds in the future with improved corporate governance and accountability which all public companies must comply. SOX was named after Senator Paul Sarbanes and Representative Michael G. Oxley, who were the main drafters of the Act. It was approved by the House of Representatives and signed into law by the President George W. Bush on July 30, 2003. Lack of ethics and integrity seem to be the key factors that caused accounting fraud. SOX revised the framework for the public accounting and auditing profession, provided guidance for better corporate governance and created regulations to define how public companies are to comply with the law. Although many have questioned whether SOX is actually effective to prevent frauds like Enron and WorldCom in future, it is considered to be the most extensive legislation related to publicly- traded companies and external independent auditors since the 1930s. President Bush called it â€Å"the most far reaching reforms of American Business Practices since the time of Franklin Roosevelt† (BUMILLER, 2002). The purpos e of this paper is to determine whether or not Sarbanes Oxley’s regulations will be effective in preventing another financial statement fraud like Enron and WorldCom. Enron Enron was formed in July 1985 by the merger of InterNorth and Houston Natural

Relevance Of Behavioral Finance In Malaysias Financial Scenario Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1629 Downloads: 5 Date added: 2017/06/26 Category Finance Essay Type Cause and effect essay Did you like this example? Investors think and act rationally when it comes to buying and selling stocks according to economic theorists. The economists have opined that the financial markets are stable and efficient due to the stock prices that seem to follow an expected pattern and the overall economy portrays trends toward general equilibrium. According to Shiller (1999), in real world, the investors do not investigate and act rationally. Don’t waste time! Our writers will create an original "Relevance Of Behavioral Finance In Malaysias Financial Scenario Finance Essay" essay for you Create order Investors speculate stocks between unrealistic highs and lows because of their attitude of greed and fear. This type of investors behavior is known as behavioral finance which explains on how emotions and cognitive errors influence investors and the decision making process. The behavioral finance is a study of the markets which related to a psychology aspect where it concerns more on the reason why people buy or sell the stocks and also in the event where they do not buy stocks at all. This study encompasses research that revised the traditional assumptions of expected utility maximization with rational investors in efficient market. The two pertinent points of behavioral finance are cognitive psychology and the limits to arbitrage (Ritter, 2003). Cognitive refers to a situation where how people think and the limit to arbitrage when market is inefficient. Behavioral finance uses models in the case of some agents in a situation of not fully cautious either because of preferences or because of mistaken beliefs i.e. the loss averse agent. Herbert Simon (1947, 1983) indicated that many of the basic theories of behavioral finance related to a series of new concept of bounded rationality. It is related to cognitive limitations on decision-making. As a result, human behavior is made on the basis of simplified procedures or heuristics (Tversky and Kahneman, 1974). A study has been done by Slovic (1972) on investment risk-taking behavior and he found that, man has limitations as a processor of information and shows some judgmental biases which lead people to overweight information. People also tend to be overreact to information (De Bondt and Thaler, 1985, 1987). Investors typically become distressed at the prospect of losses and are pleased by possible gains: even faced with sure gain, most investors are risk-averse but faced with sure loss, they become risk-takers. Thus, according to Khaneman, investors are loss aversion. This loss aversion means that people are willing to take more risks to avoid losses than to realize gains. Loss aversion describes the basic concept that, although the average investors carry an optimism bias toward their forecasts (this stock is sure to go up), they are less willing to lose money than they are to gain. THE BEHAVIOR OF INVESTORS There is a need for imperfect decision-making procedures, or heuristics (Simon, 1955, Tversky and Kahneman, 1974). Hirshleifer (2001) argues that many or most familiar psychological biases can be viewed as outgrowths of heuristic simplification, self-deception, and emotionbased judgments. This is due to reason that it has long been recognized that a source of judgment and decision biases, such as time, memory, and attention are limited, human information processing capacity is finite. According to Kent et al. (2001), investors tend to focus only in stocks that are on their radar screens. That is related to familiarity or mere exposure effects, e.g, a perception that what is familiar is more attractive and less risky. According to Kent et al., their findings were consistent with Blume and Friend, (1975) on the study of participation of U.S stock market, where they found that many investors entirely neglect major asset classes (such as commodities, stocks, bonds, real estate), and omit many individuals securities within each classes. Kent et al. (2001) also noted that the stocks that investors choose to sell subsequently outperform the stocks that investors retain. According to them, home sellers also appear to be loss-averse in the way that they set prices. They are reluctant to sell at a loss relative to past purchase price. This helps to explain the strong positive correlation of volume with price movement. This finding was consistent with the theory of Odean (1998) who showed that individual investors. THE PSYCHOLOGY OF INVESTORS Since a generation ago, stock market analysts have come to recognize that psychological factors can play a more crucial role in determining the direction of the share prices. However studies have found that psychological factors alone cannot send the share price to the moon and then push them down to the Precipice. Economic factors, as well as political factors also play a crucial role in determining the share price. Kahneman (1974) pointed out that people are prone to cognitive illusions, like becoming rich and famous or being able to get out of the market before a bubble breaks. People exaggerate the element of skill and deny the role of chance in their decision making process. People are often unaware of the risk they take. Add loss aversion to the mix and it is no wonder the average investor panics in a market downturn, a time perhaps to buy rather than sell. According to him, human beings are born optimists. Kent, Hirshleifer and Siew (2002), in their study found that re search on the psychology of investors was done by looking at the relationship between stock returns and variables on factors such as the weather (Hirshleifer and Shumway, 2001), biorhythms (Samstra, Kramer and Levi, 2001) and societal happiness (Boyle and Walter, 2001). These diverse investigations are motivated by emerging theories in psychological economics on visceral factors and the risk-as-feeling perspective. The risk-as-feeling perspective argued that these visceral factors could affect, and even override, rational cogitations on decisions involving risk and uncertainty. This creates predictable patterns in stock returns because people in good moods tend to be more optimistic in their estimates and judgments than people in bad moods (Wright an Bower, 1992, in Kent et al, 2002). In relation to stock pricing, the optimistic or pessimistic judgment about the future prospects from the business direction are widespread, stock prices should be predictably higher at times when mo st investors are in good moods than times they are in neutral or bad moods. . EVIDENCE FROM MALAYSIAN INVESTORS Based on the descriptive analysis of investment decision making behavior, it shows that economic factor is the most influential factor in determining their investment buying behavior followed by financial and frame of references. However, in terms of relying on emotions (i.e. gut-feeling, over-reaction), most respondents rate that they are unlikely in doing so. IMPLICATION Why does it matter if small individual investors do not behave as we think they should? There are two reasons according to De Bondt (1998). The first is that substantial financial management directly affects peoples well-being and the second reason is that investor behavior is likely to affect what happens in markets. With costly arbitrage, psychological factors become relevant and it would be unsound to model market behavior based on the assumption of common knowledge of rationality. As stated by Graham and Dodd, in De Bondt (1998), the (stock) market is not a weighing machine, on which the value of each issue is recorded by an extent and impersonal mechanism rather the market is a voting machine, where countless individuals register choices which are the product partly of reason and partly of emotion. RECOMMENDATION With these financial theories in mind, here are some investment tips and tools that can help the investors to avoid many investors common behavioral mistakes. Many people do not begin investing by setting goals and do not put enough emphasis on their specific time horizon. Many people buy stocks or fund because it did well in the past, rather than studying what it may do in the future. Investors often do not focus enough on diversifying their portfolios. According to Charles Heath, President of Roller Coaster Stocks, there are four rules before investing in stock market. (1) do not invest with the crowd, (2) get emotional out of the way, (3) be patient, and (4) take profit do not give them back. Researches have shown that many investors are overconfident. The majority of investors believe they can beat the market, despite historical evidence to the contrary. One reason that investors may feel overconfident is that the Internet provides quick access to information and leaves people feeling empowered to make decisions. However, information does not lead to good decision making, unless we know how to interpret it. Investor credulity and systematic mispricing in general suggest a possible role for regulation to protect ignorant investors, and to improve risk sharing. The potential benefits of government policy and regulations can help investors make better decisions, and can improve the efficiency of the market prices. CONCLUSION From prior research, it is found that there is persuasive evidence that investors make major systematic errors and there is evidence that psychological biases affect market prices substantially. Furthermore, there are some indications that as a result of mispricing, there is substantial misallocation of resources in the economy. Thus, there are some suggestions to the economists to study how regulatory and legal policies can limit the damage caused by imperfect rationality. Emotions and psychological biases in judgment and decision seem to have important effects on public discourse and the political process, leading to mass dilutions and excessive focus on transiently popular issues. If individuals were fully rational in their market and political judgments, therefore, government can intervene to remedy informational externalities in capital markets. The case against such intervention comes from the tendency for people in groups to fool themselves in political sphere, and for pr essure groups to exploit the imperfect rationality or political participants. However, it is a suggestion to help investors make better choices and make the market more efficient. These involve regulations, investment education, and perhaps some efforts to standardize mutual fund advertising. Limits on how securities are marketed and laws against market manipulation through rumor spreading can also protect foolish investors and restrict the freedom of action of those that may prey upon them.

The Theme Of Social Class And Order - 1928 Words

The Underlying Theme of Social Class and Order In literature, themes are carefully interwoven with other aspects of the story and are slowly unraveled as the plot advances to reveal to bigger picture. Authors use themes as a method to connect with their audience on a personal and relatable level. Each individual interprets the theme in their own manner depending on the past experiences they have had. Similarly, each author brings a sense of individuality and authenticity to their works, impacting their subject matter and area of focus, in this case specifically the theme. The Time Machine by H.G. Wells is a science-fiction novel in which the Time Traveller traverses the time dimension to the year 802,701 AD. He then encounters the†¦show more content†¦An author’s background is a prime factor in the subject of a book. H.G. Wells’ humble upbringing and political beliefs can easily be discerned through the writing. Wells grew up in poverty during the late 19th century in Kent, Great Britain, causing him to bec ome interested in class conflict. His socialist views come across in The Time Machine as it is his way to show the consequences of excessive capitalism, thus the theme of social class and order emerges. Wells uses evolution as a form to vindicate and reason the extreme schism of classes present in the book. The Time Traveller, which seems to be an extension of Wells’ persona, implies â€Å"the exclusive tendency of richer people [†¦] and the widening gulf between them and the rude violence of the poor† was a key factor in the splitting of the human species along class lines, a direct hit on capitalism (Wells 62). The Elois or the â€Å"Haves†, live aboveground the in comforts of their realm, while the Morlocks or the â€Å"Have-Nots† reside underground, as a result of the â€Å"[continual adaptation] to their conditions of their labour† (Wells 63). The Time Traveller continue to explore the future realm’s social order, discovering the radical differences between each class. For instance, the Eloi are focused on beauty and comfort, and are content on â€Å"living upon the labours of fellowman†, while the Morlocks assumed the role of the worker, relying on instinct and primitive desires (Wells