Tuesday, December 24, 2019

Analysis Of Dante s The Inferno - 1286 Words

Dante Alighieri endured immeasurable adversity throughout his life when he began composing the Inferno. Affliction arose at a young age when Dante’s mother passed. Soon after, Dante met Beatrice and fell in love, yet a formal marriage contract with Gemma Donati prohibited Dante from pursuing Beatrice. In his early literary studies Dante met Guido Cavalcanti, his best friend, and Brunetto Latini, his mentor, and saturated himself with love poems centralizing Beatrice. At the age of eighteen Dante buried his father, and a few years later fought in the Battle of Campaldino. As a fervid patriarch of Florence, Dante became active in the life of politics as a White Guelf. While faithfully serving his city, Dante’s long lost love (Beatrice 1290), mentor (Brunetto Latini 1294), and friend (Guido Cavalcanti 1300) had perished. Subsequently, Pope Boniface VIII and the Black Guelfs drove the White Guelfs out of Florence in 1302, while Dante too was exiled, his belongings were conf iscated. â€Å"His wife did not follow Dante into exile in 1302, probably because her family ties to Florence were so strong,† (Forman 3). Submerged in solitude, it was essential for Dante to deeply examine his experiences, beliefs, and life. Understandably, as a literary scholar Dante used poetic documentation to understand, accept, and forgive himself and others. Dante’s readers find an overabundance of personal experiences throughout the Inferno, and just as Dante used Virgil’s Aeneid and the Bible as counselShow MoreRelatedAnalysis Of Dante s Inferno, By Dante1219 Words   |  5 PagesMerriam-Webster dictionary, narrow is defined as â€Å"limited in extent, amount, or scope; restricted.† In Dante s Inferno, Virgil becomes Dante’s role model and leads Dante through the circles of Hell. Specifically, Virgil shows him what each circle was about. As Dante is going through the circles of Hell, it becomes prominent that the crimes and punishments ge t worse the deeper Dante goes. When Dante walks deeper into each circle of Hell, the rings become narrower, making it more formidable to escapeRead MoreAnalysis Of Dante s The Inferno 1689 Words   |  7 Pagescan be taken many ways. Some people take the path less traveled and some people take the easy way out. Dante happens to be on journey that is less traveled, by exploring the depths of Hell in the Inferno. The epic poem’s story is about self-realization and transformation. It sees Dante over coming many things to realize he is a completely different person from the start of the Inferno journey. Dante sees many things that help him gain courage in order to prove to himself and the reader that acceptingRead MoreAnalysis Of Dante s Inferno 2002 Words   |  9 Pagesseparated into three parts with the most striking section of the work being the Inferno. In Inferno, the character Dante travels through hell, and identifies the sins and consequent punishment of those who ar e damned. However, Inferno is not a simple report of an event, but also includes several literary devices that convey grander and more significant themes of sin, punishment, and the afterlife. These devices Dante uses in his work are, but not limited to, symbolism, allegory, allusion, and a specialRead MoreAnalysis Of Dante s Inferno Essay742 Words   |  3 Pagesresult, Islam had a great influence in the Middle Ages. Dante, however, regarded Islam and Muslims as odious because he saw them as a real threat to Europe as well as a rival religion to Christianity. Therefore, in the Divine Comedy, he placed five prominent figures and the Mosques in Hell. Because of such pitiless treatment, Dante is an Islamophobic. Islamophobia is the hatred for Muslims because of their religion and beliefs. In Dante’s Inferno, particularly in (Cantos IV, VIII, and XXVIII), he offendsRead MoreAnalysis of Dante ´s Inferno Essay1606 Words   |  7 PagesDante’s Inferno is a very important piece of literature. There are many things to be learned from it, from the face value knowledge that Hell is a bad place, to a deeper understanding of how God intended us to live; but the most important lesson to be learned here is the power of allegory. Nancy Thuleen says this about it. â€Å"Dantes portrayal of Hell in the Inferno is an undisputed masterpiece of visual and allegorical imagery, enriched not only by extensive use of figurative language, but by concreteRead MoreAnalysis Of Dante Alighieri s Inferno 1556 Words   |  7 Pagesto do a literary analysis on is Inferno by Dante Alighieri. What was this book about and what message does this particular ancient poem aim to explain? This epic poem was w ritten in the fourteenth century and there were a lot of commentary involved in the story itself. Dante’s Inferno is widely seen as one of the greatest epics to ever grace textbooks. The text itself throughout this story speaks much to the concept of life and death and what the afterlife is like according to Dante and this is anRead MoreAnalysis Of Dante s Inferno ( Hell )1956 Words   |  8 PagesLisa Gambrell Armond Boudreaux ENGL 2111 22 November 2015 Dante’s Journey Dante’s Inferno (Hell) is the first book from The Divine Comedy. The literary work is an allegory telling about Dante’s journey through Hell. The inscription on the gates of Hell read, â€Å"ABANDON EVERY HOPE, ALL YOU WHO ENTER† (line 9). The chief punishment of all the inhabitants of the Inferno is no hope. They have no have no hope of salvation, no hope of release, no hope of any improvement, or escape from their punishmentsRead MoreAnalysis Of Dante s Inferno, There Are Nine Circles Of Hell1284 Words   |  6 PagesIn Dante’s Inferno, there are nine circles of Hell. Dante goes through all nine circles, with his guide, Virgil, in hopes that he will make it to Heaven. In this Hell there are only four circles. This Hell is also called High School and the ultimate goal here is to go to Heaven, also called College. The four circles of High School include: the Regular students, the Honor students, the Artistic students, and the Athletic students. None of t he groups are worse than the others, or lower down in HighRead MoreDantes Inferno vs. Miltons Paradise Lost901 Words   |  4 PagesDante s Inferno Vs. Milton s Paradise Lost The two stories, Inferno by Dante and Paradise Lost by Milton, were written about the biblical hell and its keeper: Satan. Both of these authors had different views about the hell and Satan. In Paradis Lost, Milton wrote that Satan used to be an angel of God. The devil believed that he was equal to the Lord and he wanted to be greater than him. For this, God banished him to hell. Milton s physical description of Satan is interesting. Since heRead MoreHow Dante Achieves a Synthesis Between Narrative and Cultural Elements in His Writing1565 Words   |  6 Pageshow if at all Dante achieve a synthesis between narrative and cultural elements derived from paganism and his intentions as a Christian author writing for a Christian audience. Medieval literature in general attempted to do this and Dante was no different with regard to this in his copying of Virgil and the Aeneid in their depictions of hell in pagan mythology. Analysis There are a host of specific examples from pagan mythology in the Inferno. For instance, in Canto 15, we see Dante leaving the

Monday, December 16, 2019

Job satisfaction in an mnc Free Essays

Introduction Job satisfaction is an of import subject to cover with in the relation of human resource direction. The of import function of human resource revolves around the chief facet of supplying the occupation satisfaction to the employees. Assorted economic experts have mentioned the occupation satisfaction in different ways because of its different behavior. We will write a custom essay sample on Job satisfaction in an mnc or any similar topic only for you Order Now In my research, this is the cardinal subject to be discussed and I will seek to heighten the points to be considered while doing the policies for a occupation for any peculiar employee. Job satisfaction is one of the most widely discussed and enthusiastically studied concepts. However, occupation satisfaction is among the most hard concepts to specify. The assorted definitions of occupation satisfaction make it clear that different research workers have different sentiments about occupation satisfaction. Harmonizing to Wood ( 1973 ) , occupation satisfaction is the status of contentment with one ‘s work and its environment, denoting a positive attitude. Locke ( 1976 ) stated that occupation satisfaction could be viewed as a â€Å"pleasurable or positive emotional province ensuing from the assessment of one ‘s occupation or occupation experiences.† Other pointed out that occupation satisfaction was merely a map of the grade to which a occupation provided the worker with positively values results. Wanous ( 1980 ) said that occupation satisfaction was a lucifer between a individual ‘s demand and the support received from work performed in an organisation. Job satisfaction signifiers an built-in constituent of the complex system of overall satisfaction. Fixing the preset characteristics of occupation satisfaction is a cardinal aim of any HR policy. The HR executives are responsible for accomplishing those policies and therefore, taking the growing in the company along with the occupation satisfaction. The Purpose of the Study The intent to take this subject is to analyse the importance of occupation satisfaction in Multi National Companies ( MNCs ) . The ground to travel for MNCs is the addition in the displacement over of the employees for future growing. The shifting, therefore, includes the satisfaction in the given occupation function. Through my research, I will seek to analyse the causes and consequence relationship between the employee and the factors behind occupation satisfaction in a given MNC. Aim of the Study The chief purpose of the survey is to look into the remains taking to negative and positive occupation satisfaction in a MNC. The Aims of the Study The cardinal aims of the chosen subject are: Estimating the causes of employee attitudes. Declaring the consequences of positive or negative occupation satisfaction Measuring the employee attitude To measure facet-specific degrees of occupation satisfaction To mensurate general occupation satisfaction, Literature Review There are several grounds for analyzing occupation satisfaction. Organizations step occupation satisfaction primary because of its presumed direct relationship to the short-run ends of cost decrease through increased single productiveness and decreased absenteeism, mistakes, and dissatisfaction have been found to be related to occupation turnover, absenteeism and tardiness. Employee turnover rates have been the most restraints step associated with occupation satisfaction ( Atchison A ; Lofferts, 1972 ; Brayfield A ; Crockett, 1955l Dawis A ; Lofquist, 1981 ) . Mowday ( 1984 ) recapitulate the likely pessimistic significance of employee turnover in footings of the impact on organisations. There are assorted impacts of pessimism in occupation satisfaction on the turnover of the company such as: Addition in the enlisting cost. Enrolling new employees and so developing them every bit good. It can take to reduced societal dealingss ships among employees. No or merely few public dealingss. Decrease in company ‘s chances which can halter the growing. Harmonizing to Lawler ( 2005 ) , â€Å"the research grounds clearly shows that employees ‘ determinations about whether they will acquire to work on any given twenty-four hours and whether they will discontinue are effected by their feelings of occupation satisfaction. The fact that present satisfaction influences future absenteeism and turnover clearly indicates the causal way is from satisfaction to behavior† . There is a correlativity between occupation satisfaction and variables such as accomplishment, acknowledgment, the work itself, duty, advancement, policy and disposal, working conditions, supervising, occupation activities and gender. Research Methodology Saunders et Al ( 2005 ) â€Å"Research design is the agreement of conditions for aggregation and analysis of informations in a mode that aims to unite relevancy to the research intent with economic system in procedure† . The research to be followed is a bit-by-bit procedure. This makes the full research procedure systematic. Merely primary research shall be used to pull illations. The beginnings used shall be of international reputation and will be trusty. The chief beginning will be instance survey and besides some books, diaries, articles and publications including Internet beginnings. Mentions: Adams, J. S. ( 1963 ) . Toward an apprehension of unfairness. Journal of Abnormal and Social Psychology, 67 ( 5 ) , 422-436. Bedeian, A. G. , Ferris, G. R. , A ; Kacmear, K. M. ( 1992, February ) . Age, term of office, and occupation satisfaction: A narrative of two positions. Journal of Vocational Behavior, 33-48. Brayfield, A. H. , A ; Crockett, W. H. ( 1955 ) . Employee attitudes and employee public presentation. Psychological Bulletin, 52, 396-424. Bruce, W. M. , A ; Blackburn, J. W. ( 1992 ) . Balancing occupation satisfaction and public presentation. Westport, CT: Quorum Books. Carrell, M. , A ; Elbert, N. ( 1974 ) . Some personal and organisational determiners of occupation satisfaction of postal clerks. Academy of Management Journal, 17 ( 2 ) , 368-373. Cherrington, D. , Nyal, D. , A ; McMullin, B. ( 1989 ) . Organizational behaviour. Needham Heights, MA: Allyn and Bacon. Cook, J. D. , Hepworth, S. J. , Wall, T. D. , A ; Warr, P. B. ( 1981 ) . The experience of work: A collection and reappraisal of 249 steps and their usage. New York: Academic Press, Inc. Cranny, C. J. , Smith, P. C. , A ; Stone, E. F. ( 1992 ) . Job satisfaction: How people feel about their occupations and how it affects their public presentation. New York: Lexington Books. Fisher, C. D. ( 1980 ) . On the doubtful wisdom of anticipating occupation satisfaction to correlate with public presentation. Academy of Management Review, 5 ( 4 ) , 607-612. Gable, R. K. , A ; Wolf, M. B. ( 1993 ) . Instrument development in the affectional sphere ( 2nd ed. ) . Norwell, MA: Kluver Academic Publishers. Glisson, C. , A ; Durick, M. ( 1988 ) . Forecasters of occupation satisfaction and organisational committedness in human service organisations. Administrative Science Quarterly, 33 ( 1 ) , 61-81. Golding, J. , Resnick, A. , A ; Crosky, F. ( 1983 ) . Work satisfaction as a map of gender and occupation position. Journal of Applied Psychology, 60 ( 3 ) , 313-317. Grau, M. R. ( 1997 ) . An probe of the job-related stressors of section presidents in a selected community college system. ( Doctoral Dissertation, Texas Southern University, 1997 ) . Dissertation Abstracts International, 58, 3379. Gruneberg, M. M. ( 1979 ) . Understanding occupation satisfaction. New York: The Macmillan Press, Ltd. Hackman, J. R. , A ; Oldham, G. R. ( 1975 ) . Development of the Job Diagnostic Survey. Journal of Applied Psychology, 60 ( 2 ) , 159-170 Applied Psychology, 49 ( 3 ) , 209-216. Hulin, C. L. , A ; Smith, P. C. ( 1964 ) . Sexual activity differences in occupation satisfaction. Journal of Applied Psychology, 48 ( 2 ) , 88-92. How to cite Job satisfaction in an mnc, Essay examples

Sunday, December 8, 2019

Morality and Babyhood free essay sample

Babyhood is the true foundation age. At this time, many behavior patterns, attitudes and emotional expressions are established. It is a critical period in setting the pattern for personal and emotional adjustments. ii) Babyhood is an age of rapid growth and development. Babies grow rapidly both physically and psychologically. Changes are rapid in appearance (height and weight) and capacities. The limbs develop in better proportion to the large head. Intellectual growth and change are parallel to physical growth and change. ii) Ability grows to recognize and respond to people and objects in the environment. The baby is able to understand many things and communicate its needs and wants. iv) The babyhood is an age of decreasing dependency. The baby begins to do things to itself. With decrease of dependency, a rebellion against being treated as baby. A protest takes protest comes in the form of angry outbursts and crying when independence is denied. v) It is an age of high individuality which can be realized in appearance and in patterns of behavior. i) Babyhood is the beginning of Creativity, sex role and socialization for adjustment in future life. vii) Babyhood is a hazardous period. The physical hazards are illness, accidents, disabilities and death. Psychological hazards are disinterests and negative attitude. Havighursts Developmental Tasks During The babyhood Learning to take solid food Learning to walk. Learning to talk. Learning to control the elimination of body wastes. Learning sex differences and sex modesty. Getting ready to read. Learning to distinguish right wrong and beginning to develop a conscience. Babyhood skills Hand skills – self-feeding , self dressing,and play skills Leg skills-Jumping, climbing stairs, running without falling speech development in babyhood Talking is one of the biggest milestones there is, and the latest research suggests theres a lot you can do to help your child become a master chatter. Months before my daughter Ella spat out her first official word (bath! ), she was a Chatty Cathy in terms of sheer noiseexercising her pipes by howling for a feeding, squealing at a sock puppet, or babbling ba ba ba at the top of her lungs. And it turns out theres a reason behind the racket. For babies, its a kind of linguistic cross-traininga way they prep for the main event of real speech, otherwise known as one of the coolest milestones ever. The average age at which kids utter a bona fide first word is 12 months, and theyre able to manage two-word sentences by the time theyre 2. But (reality check! ) as any pediatrician will attest, babies hit language milestones at a wide range of ages. A child who seems behind can all of a sudden make a giant leap ahead of her peers, verbally. And a kid who starts talking early may get stuck on the same few words for months before adding more to her repertoire. So no comparing or panicking! Sure, you can hardly wait to hear that first word or wuv you. But like all Big Moments in your babys lifesleeping through the night, sitting up, first stepsit will happen when shes ready. There are, however, proven ways you can nudge language development along, experts say. Check out our stage-by-stage (and completely anxiety-free! ) guide to baby talk for the scoop on what youll hear, when to expect it, and how best to keep up your end of the conversation. Month Waaah. Crying may not sound conversational, but its your newborns primary way to communicate, meaning she uses it for everything from Im tired and I need food to Its a little too bright in here. Wailing also primes your baby for genuine language by strengthening the same neural pathways in the brain that are used for speechand by giving her larynx, the organ in the throat res ponsible for sound production, a good workout. What to say back: Something that will soothe the fussing and squalling. While a good cry may exercise your babys vocal cords, the sooner you can comfort her, the more confident shell be that youre really listening to herand the more willing shell be to keep trying to tell you what shes feeling. 2 to 5 months Ooh? aah. Those supercute coos are airy sounds that come straight from the larynxmaking them easy to say for tiny babies still figuring out how to use their lips and tongues. Theyre also fun. Kids tend to focus on particular sounds: squeals, vowels, or growls, as we call them, says D. Kimbrough Oller, Ph. D. a professor of audiology and speech-language pathology at the University of Memphis. These will help your little one learn to control vocal tone and volumesomething shell need to form her first word. What to say back: Anything in parentese, that singsongy voice that sounds like it came off a childrens CDonly its you repeating Hiiiii! Research shows the high pitch makes your infant really take notice ofand want to imitatewhat you say. 5 to 7 mont hs Ah? goo. When your baby begins to add in consonants, it means shes now able to produce a full repertoire of soundsa major linguistic milestone. Its harder to produce consonants because they require interaction between the tongue and the lips, says Roberta Golinkoff, Ph. D. , director of the University of Delaware Infant Language Project in Newark. Its a big deal. What to say back: Narrate the sights you see on your drive or your daily plans (Were going to the store for some milk, and then Daddys taking you to the park! ). Talking to a non-talker may feel bizarre, but research has found that infants actually understand far more than we realize. In one study, 6-month-olds who heard the word mommy responded by looking at a picture of their mom. 7 to 9 months Ma-ma-ma. Was that a first word? Hmm? Though your baby is probably still simply parroting sounds, once she starts babbling in distinct syllables, her conversation can sound so much like language that its hard to tell. Consider this her final dress rehearsal for putting those syllables together in a way that has real meaning. What to say back: Talk about the things around her so shell connect objects with words. Just dont assume bo-bo means ball if she says it while reaching for her shoe. Notice where your child is looking before you label an object. Its very adaptive for babiesand a lot of parents do it naturally, says Jenny Saffran, Ph. D. , director of the Infant Learning Lab at the University of Wisconsin-Madison. 9 to 12 months Nee-nigh. Getting out just the right sounds takes practice, so for now, your babys making up combos that indicate real objectsa halfway point between babbling and true speech. She may say nee-nigh for bottle, or sho-sho for yogurt, for example. What to say back: As long as you know what your babys trying to say, dont quibble over correct pronunciation. Swapping in weird names for regular words is normal for new talkersso your best move is to respond in a way that shows you understand: She says banktee, you produce her blanket. Its cute to hear (and say) her made-up words, and experts say its fine if banktee becomes de rigueur in your household. Eventually, youll phase it out for the real thing. 12 to 15 months Dog. Whatever recognizable word your child produces first, its bound to be something shes fascinated by and something she can easily saywhich is why the single-syllable Da, Ma, ball, and, yes, dog are fairly common first words. Kitten and television? Not so much. What to say back: Hurrah! Cheering on her speaking attempts will motivate her to master new words. Plus, Golinkoff notes that the rule for babies learning to talk is the more language in, the more language out. So keep chatting! By doing so, youre supplying the words for interesting objects and emotions. Add that to praising her for using the ones she already knows and youll soon have a total motor mouth on your hands. 15 to 18 months Go. After your toddler has spit out that first word, shell learn what she needs to do to make othersincluding different parts of speech, like verbs and adjectives. By 15 months, most kids are able to say 20 or more words, and the lexicon expands as weeks go by. What to say back: Cuddle up with a good story for a no-brainer vocab booster. Perfect at this age: board books filled with short-and-sweet words, like Where Is Babys Belly Button? by Karen Katz, or Dear Zoo, by Rod Campbell. Talk about whats in the pictures, as well, suggests Julie Masterson, coauthor of Beyond Baby Talk: From Sounds to Sentences, A Parents Complete Guide to Language Development. Its fun for kids to hear you say See the dog? It says woof. 18 to 22 months Da-me-fo-bee. You know your toddler is saying something amazingif only you could understand it. In their second year, kids become masters of nonsensical speech, producing strings of elegant gibberish that sound like a faux version of adult conversation (often complete with inflection and hand gestures). Shell also be saying around 30 or so real words-but even those may not be crystal clear. What to say back: Ask questions that get your kid talking. If she says boo-bee-lala while building a block tower, ask What do you like about the blocks? One recent study in the journal Pediatrics showed that back-and-forth conversations between adults and little ones are the best way to improve their verbal skills. 22 to 24 months More milk. By the time she turns 2, your toddler will likely be able to string two or three words together to make mini-sentences. A favorite to throw into the mix of the dozens of words in her growing vocabulary: more. Its a sign that your kid is figuring out the ability of language to make things happen. What to say back: Give her what she asks for! (Within reason, of course. ) Being able to tell you what she wants is a major milestone for her, but its a happy day for you, too. Just think: fewer meltdowns over misunderstood requests! And by responding, you show her just how powerful and rewarding talking really can be. Prespeech forms of communication Four prespeech forms of communication are there Crying- Hurlock considers it to be the very first piece of human behaviour that has social value. It gradually becomes differentiated as the newborn reaches the third or fourth week of life. Cooing and Babbling-As the baby’s vocal mechanisms develop,he becomes capable of producing explosive sounds which develop into babbling or lallation. Babbling begins during the second or third month of life. Gesturing –This develops and is used by the baby not to supplement,but to substitute for his speech. Emotional expressions- This is most effective forms of preseech. Baby communicates with others by using some gestures and emotional expressions emotional development in babyhood month 1 Makes eye contact Cries for help Responds to parents smiles and voices Month 2 Begins to develop a social smile Enjoys playing with other people and may cry when play stops Prefers looking at people rather than objects Studies faces Gurgles and coos in response to sounds around her First begins to express anger Month 3 Starts a conversation by smiling at you and gurgling to get your attention Smiles back when you smile at him. The big smile involves his whole body hands open wide, arms lift up, legs move Can imitate some movements and facial expressions Month 4 Is intrigued by children. Will turn toward childrens voices in person or on TV Laughs when tickled and when interacting with others Cries if play is disrupted Month 5 Becomes increasingly assertive Can differentiate between family members (parents and siblings) and strangers Likes to play during meals Month 6 May quickly tire of a toy but will never tire of your attention Temperament becomes increasingly apparent. Youll see whether she tends to be easygoing or easily upset; gentle or active Recognizes his own name Coos for pleasure and cries with displeasure Can make noises like grunts and squeals; clicks his tongue Month 7 Starts to understand the meaning of no Enjoys social interaction Expresses anger more strongly Tries to mimic adult sounds Month 8 Can differentiate between familiar and unfamiliar May become shy or anxious with strangers Cries in frustration when he cant reach a toy or do something he wants to do Month 9 Imitates gestures that other people make Looks at correct picture when an image is named Smiles and kisses own image in the mirror Likes to play near parent (i. e. , in kitchen while Mom is cooking) May be more sensitive to the presence of other children Month 10 Separation anxiety may begin Self-esteem begins to develop Responds to positive recognition such as clapping Becomes cautious of heights Shows moods such as sad, happy, and angry Month 11 Tries to gain approval and avoid disapproval Can be uncooperative Month 12 May have temper tantrums Can fluctuate between being cooperative and uncooperative Shows a developing sense of humor May cling to parents or one parent in particular Development of understanding As the babies grow the criteria of understanding increases. It depends largely on two factors : their level of intelligence and their previous experiences. Most important concepts that are related are Space Weight Time Self Sex-role Social Beauty The comic Functions and vertues od play: 1 it aids growth 2 it is a voluntary activity 3 language can be developed through it 4 it offers opportunities for matery of physical self PLAY PATTERNS OF BABYHOOD: sensorimotor play exploratory play imitative play make -believe play games and amusements Moral development in babyhood: Babies have no scale of values and no conscience. They are therefore neither moral nor immoral but nonmoral in the sense that their behavior is not guided by moral standards. Eventually they will learn moral codes from their parents, and later from their teachers and playmates etc. Learning to behave in a morally approved manner is a long, slow process. However, foundations are laid in babyhood and on these foundations children build moral codes which guide their behavior as they grow older. Because of their limited intelligence, babies judge the rightness or wrongness of an act in terms of the pleasures or pain it brings them rather than in terms of its good and harmful effects on others. They therefore perceive an act as wrong only when it has some harmful defect in themselves. They have no sense of guilt because they lack definite standards of right and wrong. They so not feel guilty when they take things that belong to others because they have no concept of personal property rights. Baby is in a stage of moral development which Piaget has called morality by constraint- the first of three stages in development. This stage lasts until the age of seven or eight years and is characterized by automatic obedience to rules without reasoning or judgment

Saturday, November 30, 2019

Virginia Woolfs Modernism Essay Example For Students

Virginia Woolfs Modernism Essay Virginia Woolf is regarded as one of the most significant authors of the modernist period. She experimented with different techniques, forms and structures and it is this experimentation and introduction of a new style that defines her as a modernist writer. Modernism was a cultural movement over the turn of the 19th and 20th centuries that was not only in literature but in art, music and architecture. It was a rejection of the traditional, conventional past and embodied experimentation and the challenging of established conventions. There were many factors that lead to the establishment of modernist characteristics such as WWI, Sigmund Freuds theory on psychoanalysis, Charles Darwins Theory of Evolution and the Industrial Revolution. These introduced a new way of thinking which was ideas of existentialism, the subconscious, and the sense of a lonely, isolated individual trying to make sense of a fragmented and almost alien society. I will explore these ideas further in this essay with discussion of how Virginia Woolf represents a modernist writer by using the following points. We will write a custom essay on Virginia Woolfs Modernism specifically for you for only $16.38 $13.9/page Order now Virginia Woolf was influenced by events and developments to challenge the classic writing conventions, and Virginia Woolf not only used the conventions of the modernist period but developed them further. Virginia Woolf was influenced by events and developments to challenge the classic writing conventions. In the previous literary period, writers spoke in a third person omniscient voice with patriarchal values, religion and a clear unchangeable social hierarchy present. Sigmund Freuds theory of psychoanalysis was not the first but was the one that became popular and well-known around the world. Virginia Woolf became inspired by the writing of Freud and therefore incorporated the exploration of the subconscious and the underlying psychological and emotional motives of characters in her writings. The facets of Freudian aspects that Woolf mainly focuses on are especially evident through her use of stream of consciousness, where the thoughts and feelings of a character are written simply as a jumble of thoughts that however are still connected. The syntax gives a long flow of sentences and continuous access into the characters mind which, before this time, was not done. An example of this is in Woolfs novel Mrs Dalloway where it is narrated through the point of view of what is happening inside the characters minds. Another major event of the time was WWI. This novel is based post-WWI and consequently reflects the insecurities felt after this war. For example, in Mrs Dalloway Woolf writes in such a way that produces confusion for the reader, especially through the lack of closure in the novel leaving the reader more uncertain. Woolf also directly focuses on the war and its unsettling consequences in Mrs Dalloway as she talks about how a boy was killed and now his Manor House must go to a cousin. The traditional English hierarchy has been disturbed and the war has directly damaged their conventional world. This changing of conventions is a key factor of modernist writing. Another major occurrence in the modernist period that Virginia Woolf took inspiration from was the technological advancements which were the first stages of globalisation. The invention of the wireless and other communications made people feel so much smaller in contrast to the huge and growing world. This idea is emphasised by the discovery of other galaxies, playing with peoples conceptions of time and space. Ideas about time and space play a major role in modernist writing and the writings of Virginia Woolf are no different. In her novel Mrs Dalloway all the action happens over the course of one day. Novels before this time took much longer for the plot to unfold, from weeks to even decades. However Woolf also incorporates flashbacks which play with the idea of time further producing an unnerving effect from this change of tenses. The effect of Woolfs short time frame is that it varies with the readers expectations of the novel and changes the way they look upon the passing of time. .u7728c06665f3ecca0e548053ff2cd5c2 , .u7728c06665f3ecca0e548053ff2cd5c2 .postImageUrl , .u7728c06665f3ecca0e548053ff2cd5c2 .centered-text-area { min-height: 80px; position: relative; } .u7728c06665f3ecca0e548053ff2cd5c2 , .u7728c06665f3ecca0e548053ff2cd5c2:hover , .u7728c06665f3ecca0e548053ff2cd5c2:visited , .u7728c06665f3ecca0e548053ff2cd5c2:active { border:0!important; } .u7728c06665f3ecca0e548053ff2cd5c2 .clearfix:after { content: ""; display: table; clear: both; } .u7728c06665f3ecca0e548053ff2cd5c2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u7728c06665f3ecca0e548053ff2cd5c2:active , .u7728c06665f3ecca0e548053ff2cd5c2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u7728c06665f3ecca0e548053ff2cd5c2 .centered-text-area { width: 100%; position: relative ; } .u7728c06665f3ecca0e548053ff2cd5c2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u7728c06665f3ecca0e548053ff2cd5c2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u7728c06665f3ecca0e548053ff2cd5c2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u7728c06665f3ecca0e548053ff2cd5c2:hover .ctaButton { background-color: #34495E!important; } .u7728c06665f3ecca0e548053ff2cd5c2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u7728c06665f3ecca0e548053ff2cd5c2 .u7728c06665f3ecca0e548053ff2cd5c2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u7728c06665f3ecca0e548053ff2cd5c2:after { content: ""; display: block; clear: both; } READ: The Influence of Modernist Art EssayAnother interesting aspect is that the novel, instead of focusing on the unfolding of events, focuses on the characters and their thoughts and impressions of everything around them. This again relates both to the short time frame and also the stream of consciousness that Woolf uses in many of her writings, and is a key theme of modernist writing. Virginia Woolf was influenced by events and developments to challenge the classic writing conventions. Virginia Woolf not only used the conventions of the modernist period but developed them further. She was one of the first modernist writers so society took notice of her as a radical writer challenging the boundaries of writing. This was because her writing style and novel structure was different to what was previously used, for example the use of the short time frame and stream of consciousness allowing access into the readers head. These conventions had not been used before so Woolf was noticed as the author who moved the world into a new, radical, less traditional era. Woolf developed the conventions of the modernist period as her style changed subtly through each new novel that was published. The main way that this occurred in was that Virginia Woolf created inspiring impressions on her readers rather than recreating reality, and she experimented with her writing rather than conforming. Another example of how Woolf developed the conventions of the modernist period further is that she explores aspects of society that were issues at the time. She took inspiration from previous female authors such as Jane Austen and the Bronte sisters and examined women and their struggles in society. An example of this in her literary work is her creation of William Shakespeares sister, a woman named Judith. Woolf incorporated this into her extended essay A Room of Ones Own to try to get her point across about womens need for independence. Gender issues is one of Woolfs themes common to her works, along with the hierarchy of society and the consequences of war, as discussed in her novel Mrs Dalloway. The final way in which Virginia Woolf developed the conventions of the modernist period further is how she reflects her personal life within her work. Woolf had a nervous breakdown at age 13 after the death of her parents and from then on she was battling a mental illness for most of her life. This is incorporated in her work in her novel Mrs Dalloway where she incorporates most likely the experiences of herself into the character Septimus Smith who was shell-shocked from the war. Woolf imagined her novel Mrs Dalloway as a study of insanity and suicide; the world seen by the sane and the insane side by side. Mental illnesses were not something that were well known and widely accepted in Virginia Woolfs context, and Woolfs incorporation of this in her writings progressed the modernist era by the introduction of a new issue discussed. In these ways, Virginia Woolf not only used the conventions of the modernist period but developed them further. In this essay I have discussed the ways in which Virginia Woolf is regarded as one of the most significant authors of the modernist period using the two points that Virginia Woolf was influenced by events and developments to challenge the classic writing conventions, and Virginia Woolf not only used the conventions of the modernist period but developed them further. Virginia Woolfs Modernism Essay Example For Students Virginia Woolfs Modernism Essay Virginia Woolf is regarded as one of the most significant authors of the modernist period. She experimented with different techniques, forms and structures and it is this experimentation and introduction of a new style that defines her as a modernist writer. Modernism was a cultural movement over the turn of the 19th and 20th centuries that was not only in literature but in art, music and architecture. It was a rejection of the traditional, conventional past and embodied experimentation and the challenging of established conventions. There were many factors that lead to the establishment of modernist characteristics such as WWI, Sigmund Freuds theory on psychoanalysis, Charles Darwins Theory of Evolution and the Industrial Revolution. These introduced a new way of thinking which was ideas of existentialism, the subconscious, and the sense of a lonely, isolated individual trying to make sense of a fragmented and almost alien society. I will explore these ideas further in this essay with discussion of how Virginia Woolf represents a modernist writer by using the following points. We will write a custom essay on Virginia Woolfs Modernism specifically for you for only $16.38 $13.9/page Order now Virginia Woolf was influenced by events and developments to challenge the classic writing conventions, and Virginia Woolf not only used the conventions of the modernist period but developed them further. Virginia Woolf was influenced by events and developments to challenge the classic writing conventions. In the previous literary period, writers spoke in a third person omniscient voice with patriarchal values, religion and a clear unchangeable social hierarchy present. Sigmund Freuds theory of psychoanalysis was not the first but was the one that became popular and well-known around the world. Virginia Woolf became inspired by the writing of Freud and therefore incorporated the exploration of the subconscious and the underlying psychological and emotional motives of characters in her writings. The facets of Freudian aspects that Woolf mainly focuses on are especially evident through her use of stream of consciousness, where the thoughts and feelings of a character are written simply as a jumble of thoughts that however are still connected. The syntax gives a long flow of sentences and continuous access into the characters mind which, before this time, was not done. An example of this is in Woolfs novel Mrs Dalloway where it is narrated through the point of view of what is happening inside the characters minds. Another major event of the time was WWI. This novel is based post-WWI and consequently reflects the insecurities felt after this war. For example, in Mrs Dalloway Woolf writes in such a way that produces confusion for the reader, especially through the lack of closure in the novel leaving the reader more uncertain. Woolf also directly focuses on the war and its unsettling consequences in Mrs Dalloway as she talks about how a boy was killed and now his Manor House must go to a cousin. The traditional English hierarchy has been disturbed and the war has directly damaged their conventional world. This changing of conventions is a key factor of modernist writing. Another major occurrence in the modernist period that Virginia Woolf took inspiration from was the technological advancements which were the first stages of globalisation. The invention of the wireless and other communications made people feel so much smaller in contrast to the huge and growing world. This idea is emphasised by the discovery of other galaxies, playing with peoples conceptions of time and space. Ideas about time and space play a major role in modernist writing and the writings of Virginia Woolf are no different. In her novel Mrs Dalloway all the action happens over the course of one day. Novels before this time took much longer for the plot to unfold, from weeks to even decades. However Woolf also incorporates flashbacks which play with the idea of time further producing an unnerving effect from this change of tenses. The effect of Woolfs short time frame is that it varies with the readers expectations of the novel and changes the way they look upon the passing of time. .u1c007653b19f3f0a612eff59516e9010 , .u1c007653b19f3f0a612eff59516e9010 .postImageUrl , .u1c007653b19f3f0a612eff59516e9010 .centered-text-area { min-height: 80px; position: relative; } .u1c007653b19f3f0a612eff59516e9010 , .u1c007653b19f3f0a612eff59516e9010:hover , .u1c007653b19f3f0a612eff59516e9010:visited , .u1c007653b19f3f0a612eff59516e9010:active { border:0!important; } .u1c007653b19f3f0a612eff59516e9010 .clearfix:after { content: ""; display: table; clear: both; } .u1c007653b19f3f0a612eff59516e9010 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1c007653b19f3f0a612eff59516e9010:active , .u1c007653b19f3f0a612eff59516e9010:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1c007653b19f3f0a612eff59516e9010 .centered-text-area { width: 100%; position: relative ; } .u1c007653b19f3f0a612eff59516e9010 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1c007653b19f3f0a612eff59516e9010 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1c007653b19f3f0a612eff59516e9010 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1c007653b19f3f0a612eff59516e9010:hover .ctaButton { background-color: #34495E!important; } .u1c007653b19f3f0a612eff59516e9010 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1c007653b19f3f0a612eff59516e9010 .u1c007653b19f3f0a612eff59516e9010-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1c007653b19f3f0a612eff59516e9010:after { content: ""; display: block; clear: both; } READ: Modernism in British and Irish literature EssayAnother interesting aspect is that the novel, instead of focusing on the unfolding of events, focuses on the characters and their thoughts and impressions of everything around them. This again relates both to the short time frame and also the stream of consciousness that Woolf uses in many of her writings, and is a key theme of modernist writing. Virginia Woolf was influenced by events and developments to challenge the classic writing conventions. Virginia Woolf not only used the conventions of the modernist period but developed them further. She was one of the first modernist writers so society took notice of her as a radical writer challenging the boundaries of writing. This was because her writing style and novel structure was different to what was previously used, for example the use of the short time frame and stream of consciousness allowing access into the readers head. These conventions had not been used before so Woolf was noticed as the author who moved the world into a new, radical, less traditional era. Woolf developed the conventions of the modernist period as her style changed subtly through each new novel that was published. The main way that this occurred in was that Virginia Woolf created inspiring impressions on her readers rather than recreating reality, and she experimented with her writing rather than conforming. Another example of how Woolf developed the conventions of the modernist period further is that she explores aspects of society that were issues at the time. She took inspiration from previous female authors such as Jane Austen and the Bronte sisters and examined women and their struggles in society. An example of this in her literary work is her creation of William Shakespeares sister, a woman named Judith. Woolf incorporated this into her extended essay A Room of Ones Own to try to get her point across about womens need for independence. Gender issues is one of Woolfs themes common to her works, along with the hierarchy of society and the consequences of war, as discussed in her novel Mrs Dalloway. The final way in which Virginia Woolf developed the conventions of the modernist period further is how she reflects her personal life within her work. Woolf had a nervous breakdown at age 13 after the death of her parents and from then on she was battling a mental illness for most of her life. This is incorporated in her work in her novel Mrs Dalloway where she incorporates most likely the experiences of herself into the character Septimus Smith who was shell-shocked from the war. Woolf imagined her novel Mrs Dalloway as a study of insanity and suicide; the world seen by the sane and the insane side by side. Mental illnesses were not something that were well known and widely accepted in Virginia Woolfs context, and Woolfs incorporation of this in her writings progressed the modernist era by the introduction of a new issue discussed. In these ways, Virginia Woolf not only used the conventions of the modernist period but developed them further. In this essay I have discussed the ways in which Virginia Woolf is regarded as one of the most significant authors of the modernist period using the two points that Virginia Woolf was influenced by events and developments to challenge the classic writing conventions, and Virginia Woolf not only used the conventions of the modernist period but developed them further.

Tuesday, November 26, 2019

Definition and Examples of Direct Quotations

Definition and Examples of Direct Quotations A direct quotation is a report of the exact words of an author or speaker and is placed inside quotation marks  in a written work. For example, Dr. King said, I have a dream. Comparing Types of Quotations Direct quotations are commonly introduced by a signal phrase (also called a quotative frame), such as Dr. King said or Abigail Adams wrote, and are used in written and in audio or visual media, especially if an anchor or reporter is giving someones exact words without having a recording of the person actually saying it. For example, a newscaster would say, Dr. King said, and I quote, I have a dream unquote.   By contrast, indirect quotations also may have signal phrases leading into them, but the words are not what the person said or wrote word for word, just a paraphrase or a summary of what the words were, such as, At the March on Washington, Dr. King spoke of the dreams that he had for the nation. A  mixed quotation  is an indirect quotation that includes a directly quoted expression (in many cases just a single word or brief phrase):  Ã¢â‚¬â€¹King  melodiously praised the veterans of  creative suffering, urging them to continue the struggle. When you have a long direct quotation in a written work, such as more than 60 or 100 words or more than four or five lines, instead of using quotation marks around it, you may be told by your style guide or assignment parameters to set it off with indents on either side and to put the text in italics or make some other typographical change. This is a block quotation. (See the long quote in the next section for an example, though this sites style is to retain quote marks, even around block quotes.) When to Use Direct Quotes When youre writing, use direct quotes sparingly, because the essay or article is supposed to be your original work. Use them for emphasis, when the reader needs to see the exact words for analysis  when theyre evidence, or when the exact quote perfectly encapsulates the topic at hand more succinctly or better than you could. Author Becky Reed Rosenberg discusses using direct quotes when writing in the sciences vs. the humanities. In the first place, the general convention in the sciences and social sciences is that we use  direct quotations  as little as possible. Whenever possible,  paraphrase  your source. The exception is when the source is so eloquent or so peculiar that you really need to share the original language with your readers. (In the humanities, direct quoting is more important- certainly where you are talking about a literary source. There the original language  IS  the object of study very often.) (Using Direct Quotation. Writing Center at the University of Washington, Bothell) In news writing, dont be tempted to correct grammar or other errors when youre directly quoting your source- though you would want to comment in your text about factual errors the speaker made at the time of the statement. You can use ellipses to cut some things out of a direct quote, but even that should be done sparingly. In news, accuracy and proper context are paramount, and you dont want to look like youre doctoring the sources words. In essays and reports, anytime you use someone elses ideas in your work, either by direct or indirect quotations, that person needs either attribution or  credit, or else you are committing plagiarism.

Friday, November 22, 2019

Difference Between the UK, Great Britain, and England

Difference Between the UK, Great Britain, and England While many people use the terms ​United Kingdom, Great Britain, and England interchangeably, there is a difference between them- one is a country, the second is an island, and the third is a part of an island. The United Kingdom The  United Kingdom  is an independent country off the northwestern coast of Europe. It consists of the entire island of Great Britain and a northern part of the island of Ireland. In fact, the official name of the country is the United Kingdom of Great Britain and Northern Ireland. The capital city of the United Kingdom is London and the head of state is currently Queen Elizabeth II. The United Kingdom is one of the founding members of the United Nations and sits on the United Nations Security Council. The creation of the United Kingdom heralds back to 1801 when the unification between the Kingdom of Great Britain and the Kingdom of Ireland led to the establishment of the United Kingdom of Great Britain and Ireland. When southern Ireland gained independence in the 1920s, the name of the modern country then became the United Kingdom of Great Britain and Northern Ireland.   Great Britain Great Britain is the name of the island northwest of France and east of Ireland. Much of the United Kingdom consists of the island of Great Britain. On the large island of Great Britain, there are three somewhat autonomous regions: England, Wales, and Scotland. Great Britain is the ninth largest island on Earth and has an area of  80,823 square miles (209,331 square kilometers). England occupies the southeast portion of the island of Great Britain, Wales is in the southwest, and Scotland is in the north. Scotland and Wales are not independent countries but do have some discretion from the United Kingdom with respect to internal governance. England England is located in the southern part of the island of Great Britain, which is part of the country of the United Kingdom. The United Kingdom includes the administrative regions of England, Wales, Scotland, and Northern Ireland. Each region varies in its level of autonomy but all part of the United Kingdom. While England has traditionally been thought of as the heart of the United Kingdom, some use the term England to refer to the entire country, however, this is not correct. While its common to hear or see the term London, England, technically this is also incorrect, as it implies that London is the capital of England alone, rather than the capital of the entire United Kingdom. Ireland A final note on Ireland. The northern one-sixth of the island of Ireland is the administrative region of the United Kingdom known as Northern Ireland. The remaining southern five-sixths of the island of Ireland is the independent country known as the  Republic of Ireland (Eire). Using the Right Term It is inappropriate to refer to the United Kingdom as Great Britain or England; one should be specific about toponyms (place names) and utilize the correct nomenclature.  Remember, United Kingdom (or the U.K.) is the country, Great Britain is the island, and England is one of the U.K.s four administrative regions. Since unification, the Union Jack flag has combined elements of England, Scotland, and Ireland (although Wales is omitted) to represent the unification of constituent parts of the United Kingdom of Great Britain and Northern Ireland.

Thursday, November 21, 2019

Support same-sex marriage or not support Essay Example | Topics and Well Written Essays - 1000 words - 1

Support same-sex marriage or not support - Essay Example Interestingly, both sides have yielded substantively convincing reasons and justifications for their varied opinions and standpoints on this topic. This paper aims at making a comparison of two opposing editorials on the issue of gay marriages. The first article to consider is entitled: â€Å"Legalizing gay marriage would undermine Christian view of family, claims leading Catholic archbishop† written by Mario Ledwith, and it appeared in the Daily Mail on the 30th of December last year. The Daily Mail is a reputable daily British newspaper that enjoys the fourth largest circulation of about two million copies daily; since the year 1992, Daily Mail has been edited by Paul Dacre. According to this article, Archbishop Bernard Longley of the Birmingham Roman Catholic posits that if gay marriages are legalized, the conventional Christian perspective of family and the whole marriage institution will be undermined (Ledwith). Archbishop Bernard Longley further argues that every child deserves to be loved by two parents, both mother and father; no single child should be denied this incredible opportunity to experience the love of both parents. This is a justifiable reason for the church to remain opposed to the idea of gay ma rriages, despite the increasing popular opinions in support of the same. Marriage as a divinely willed institution must be respected and upheld as a heterosexual union of man and woman. Any attempts at reversing this divine order distort the truth, and this negatively influences individuals and the society at large. The second article that will be considered in this paper , â€Å"Gay marriage bill right thing to do, say Tory heavyweights in appeal to MPs† that appeared in The Guardian, on the 5th of February 2013, which has been co-authored by Nicholas Watt and James Maikle. The Guardian is a reputable daily British newspaper that is edited by Alan Rusbridger; and it enjoys a national presence, with a steady daily

Tuesday, November 19, 2019

Communication with people Essay Example | Topics and Well Written Essays - 250 words

Communication with people - Essay Example The third story elaborates a persons perception about themselves while being in a relationship of any sort and holding healthy two-sided communication as an effective key of progress. The person identifies themselves as trustworthy or appearing as such so that the other person is comfortable to open up as well. The fourth story identifies everyone having the best intention but also acknowledging that this might not be the case with some people. If a person is good at his/her intentions, then it does not necessarily mean that others are good with their intentions a well. However, benefit of doubt should be given and one should believe in the goodness of everyone. The fifth story evaluates the person as someone who does not need constant communication to maintain healthy relationships. A constant need to interact digitally is not necessary in every relationship and it is sometimes good to be alone for personal reflective

Saturday, November 16, 2019

Study on online gambling market Essay Example for Free

Study on online gambling market Essay For thousands of years, mankind has enjoyed spending money on games of chance. Today this has developed into a multi-billion dollar worldwide phenomenon- the gambling industry. While the total number of gambling enterprises has fallen in recent years the overall number of people employed in the industry has increases, suggesting that enterprises are now larger than they were a decade ago. The way people bet has been revolutionised of recent years with the online gambling industry taking over the traditional high street bookmakers. Betting exchanges on the internet where punters can offer bets to other punters. Meaning the average punter can now act as the bookie and say that a certain event will not happen. To understand the impact of the gambling industry, one has to consider the percentage of people that partake in gambling. Knowing it has been around for two millennia, it is interesting to observe today 80 to 85% of people will gamble in any given year. The gambling industry has evolved greatly in recent years due to the development of online gambling, this is clearly the reason for the rapid growth in the market. Along with new markets such as the online poker industry, that has taken the world in a massive fad with millions playing poker online. The gambling industry tends to be an industry in which people will use their disposable income, but the desire to win more and the increased joy from having a larger bet causes people to spend more money on gambling than they wish. This is a market driver for the industry but also the general increase in people gambling has become the main market driver in recent years. (Party Gaming) For the five year period from 2005 to 2009, it is estimated that revenues generated by the global online gaming market will increase to approximately $22. 7 billion, representing a compound annual growth rate of approximately 22 per cent. From this estimation of expected spending in the online gambling market, it shows a market with great potential. Introduction . The following report analyses the dynamic market within which gambling exists, and the way the online gambling industry beginning to takeover the gambling industry. From the report on the market it will be possible to have a clearer understanding of whether the market will continue to grow or whether the market can not continue to grow at such a rapid rate. The following report analyses the dynamic market within which online gambling exists. The report will focus on areas such as 1. PEST Analysis 2. Boston Matrix 3. Porters Five Forces 4. Competitors Analysis 5. SWOT Analysis 6. Shareholders Such consideration of the market will enable a clearer understanding of whether the market will continue to grow at such a rapid rate. Market Definition Market sectors There are four main gambling sectors that attract the vast majority if online gambling ? Online Poker ?Online Casinos ?Sports Betting ?Betting Exchanges Online poker and betting exchanges are dominating the market and have only been introduced in recent years to the online gambling market. Sports betting and casinos still have large market share of the market but growth has slowed down. The size of the online gambling market for 2004 was $8. 2 billion for the world. In 2004 in the U. K ? 7. 4 billion was spent in gambling. Even though stats are not that easy to compare it shows that online gambling has not yet dominated the gambling market and there is potential for further growth. PEST Analysis PEST Analysis is analysis of macro-environments that affects all firms. PEST stands for Political, Economic, Social, Technological factors of the external macro-environment. Such external factors are beyond most firms control and sometimes present themselves as threats. On the other hand changes in the external environment can lead to new opportunities; this is certainly true for the gambling industry. Political Political and legal factors are those controlled by ? governments, local authorities, or other trade or activity orientated regulatory bodies (Brassington and Pettitt, 2000). Gambling legislation is put in place in order to prevent consumers been taken advantage and also help control consumers with gambling problems. The internet is open to great abuse in all areas of the internet and gambling is no exception. Within five minutes it is possible to be gambling on the internet at as high stakes as one desires, this obviously has its dangers. Companies have recently been pushed to be more responsible for caring for their customers. Some of the companies now have a system which its customers can use. The system offers the customer control of how much they can deposit in a designated time period, this helps the customers control their spending. Though this may affect profits for a company, it gives the impression that they care for their customers, which promotes their company. The laws for online gambling are reasonably relaxed and with it been a worldwide market that anyone from any country can access it is hard to control such a market. There have been recent worries about illegal gambling carried out on Betfair with trainers and owners regarding the running of a horse to lose. Many bets would be taken on the specific horse resulting in a major movement in the market and the price . The in the know punters will know the certain horse that is going to lose the race and they then lay the horse to lose on betfair, guaranteeing that they will win. This has caused many investigation and question over betting exchanges. Economic This considers both the ?macro- and micro-economic environment conditions which affect the structure of the market (Brassington and Pettitt, 2000). With the UK expecting an increase in disposable income this is likely that more money is to be spent in gambling. The gambling market may, however, be susceptible to recessionary influences. In times of economic downturn consumers become more reserved in their spending. With the market been worldwide the economic stability of different countries should balance the market out at such times, but large consumers of the market such as the US may have an effect on the market. Interest rates and level of inflation must be considered as threats to the online gambling industry. Social In order to combat the issues surrounding gambling addiction, casino staff undergo training in order to identify problem gamblers. The Gambling Bill is to focus on social responsibility rather than on casinos. The resort casinos which the gambling bill allows are an issue as evidence from New Zealand suggests that the bigger the casino the bigger the risk of problem gambling. This kind of control on the internet is done in a different way and there is no obligation for companies to offer this service. It is only the leading companies who tend to offer protection against gambling addiction. The way it is done on the internet is to let customers set there deposit limit with a desired time period. Obviously this is not as well controlled as at the casino as employees can take control of the problem customers but on the internet that kind of control does not exist, which proves to be a real worry for the online gambling industry. Many online gambling companies cater for only English speaking consumers due to the large domination of the market from the U.S and the U. K. This restricts market growth in other countries but companies are changing towards catering for other countries, with casinos ahead of the game due to its global appeal. As gambling is seen as a use of leisure activity the market considers its success on the amount of leisure time consumers have but from research it is clear to see consumers feel no obligation to carrying out their gambling whilst at work, often a poker game in the lunch break or even whilst working, which creates extra revenue for the online gambling industry. It also emphasis the ease at which it is to gamble online, which is the main reason behind the success of the market. Technological Gambling has been revolutionised in recent years by technological change and this is the reason for the rapid growth in the industry, making it easier than ever to gamble. The internet has seen new systems such as Betfair, and online poker which is know an $8. 6 billion market. The idea of online gambling is the ease of placing a bet. Before people would have to go to the betting shop or the casino to gamble but with such easy access for customers to access there betting accounts it has a bee a revolutionising advancement in the gambling market. New software is constantly been developed to offer an enhanced experienced for the consumers. The betting exchanges offer the chance for consumers to act as the bookies by being able to lay their bets. This obviously offers a new exciting way for consumers to experience gambling and has helped to develop the market. With improved graphics companies are making it more like the real thing. Some of the casinos online are designed to make you actually feel like you are in the casino the same is done with online poker games and even sports betting is going down the same line with offering text and audio commentary for sports events. This encourages consumers to use the internet rather than go to the casino or the betting shops. Porters Five force analysis Mr Porter was a scholar and management consultant. His model is based on the insight that a corporate strategy should meet the opportunities and threats in the organisations external environment. Porter has identified five competitive forces that shape every industry and every market. These forces determine the intensity of competition and hence the profitability and attractiveness of an industry. The objective of corporate strategy should be to modify these competitive forces in a way that can improve the position of an organisation. Barriers to Entry New entrants into to the market are quite regular due to the low costs of setting up an online gambling site. However, in practice, there are significant barriers to building a large, successful online gambling firm, as the business model is dependent to a large extent on, amongst other things, a strong brand underpinned by liquidity and effective payment processing. The exceptions of success by new entries tends to be when a company has an innovative idea such as Betfair. They are offering something different to the customer. The key features of a successful online gambling firm are difficult to achieve due to the following: ? Player liquidity: a large number of players are required for online poker and betting exchanges, to provide customers with opposing players for poker or a price for betting exchanges. In addition, player liquidity means that the larger sites can offer a greater variety for its customers. ?Software control: ownership of software to provide the operator with greater control, improved margins and bespoke functionality, with the ability to develop high quality user interface and scalable systems which are critical for attracting and retaining customers. Payment processing expertise: to attract and maintain customers, sites must be trusted and must provide a wide range of methods to pay-in and withdraw funds. Such payment processing must also be quick and efficient whilst maintaining low levels of fraud. ?Customer support: responding to customer enquiries on a timely and efficient basis enhances the level of customer service and customer retention. To build and sustain a large online gaming business requires significant investment in customer service operations. Marketing and global reach: as competition increases, the leading operators have greater marketing resources with which to attract and retain customers and are increasingly becoming global brands in order to penetrate new geographic markets. Buyer power The buyer power of customers determines how much customers can impose pressure on margins and volumes. The gambling market is driven by consumer trends and companies need to identify these trends and implement their strategies to remain competitive. Promotional strategies are used to initially sign up a customer and once signed up they are likely to stay there if they like the lay up of the site. It is predicted that one in three people that sign up for a free bonus will use that company for their gambling. Threats of Substitutes This is no real concern for the online gambling market, the only substitutes is betting shops and casinos, but these where all put in place before the online gambling market was created, so there is no possibility of threats from this. Supplier Power The supplier in this market is the software developers, where many companies use the same software to run their websites and with a worldwide market suppliers are never short when it involves employees skills to create the products, unlike coffee that may be affected by poor weather conditions. The concern of software developers rising prices for their products may be an issue due to them feeling they are loosing out on profit with which some online gambling companies are creating a large amount of profit. Competitor Analysis Competitor analysis is a ? systematic attempt to identify and understand the key elements of a competitors strategy (Brassington and Pettitt, 2000). An understanding of competitors enables competitive advantages to be formed. Gambling is a highly competitive market which may discourage market entry and stifle innovation, it may similarly stimulate a range of strategies for promoting growth and with constant technological improvements markets may open in the future. The amount of online gambling companies available to consumers are very variant, this has made a very competitive markets with companies offering free bonuses and providing the latest in software technology. The online gambling market can be split up into 4 sub-markets, online poker, betting exchanges, sports betting, and casinos. Betting exchanges market is dominated by betfair. Betfair is the dominant player in the betting exchange market, with an estimated 86% market share by value. Betfair exchange boasts a high level of liquidity across a wide range of betting markets, and a professional customer service operation alongside a fully integrated telephone and internet betting service. These features, have served to act as a significant barrier to entry into the betting exchange marketplace. Several other betting exchanges were set up including Sporting options and Betdaq. Sporting options was no success and was closed with many people losing money in there betting accounts because the company were unable to pay them back, betfair stepped in to offer support for these people which helped betfair grow even more dominant in the market. While there are over 200 online poker sites in operation, the online poker market is dominated by a small number of large operators. For the current year to 5 June 2005, the top eight operators had an estimated combined market share of 95 per cent in terms of ring game rake, 92 per cent in terms of number of ring game players and 88 per cent in terms of number of tournament players, which illustrates the effective barriers to developing an online poker business. Of these operators, PartyPoker. com has been the clear market leader in terms of both revenue and number of players since mid-2003. The sports betting market is much like the poker market, as many companies exist but the market is dominated by several market leaders such as William Hill and Paddy Power. William Hill has had success due to it is reputation of stores in towns and cities all over the U. K. As for paddy Power the success has been from large amounts or promotion and innovative ideas to promote the company. The casino market also works on the same basis that there are few market leaders that dominate the market. The main market leaders are casino on net, Golden Palace and Ladbrokes casino; there are still many major competitors in the market but with less market share but have the potential to take more of the market share. Most traffic is driven to online casinos via marketing on television channels and bonus deals in order to get customers to sign up for the casinos. Boston Matrix The Boston matrix is a chart created by the Boston Consulting Group in 1970. This is a useful marketing tool when analysis of market growth-relative share is required; the growth and share of different online gambling methods can be compared. The markets on the internet consist of poker, sports betting, betting exchanges and casinos. Dogs These are products with a low share of a low growth market. They do not generate cash for the company, they tend to absorb it. There are no online gambling markets that are in this category, this shows a strong healthy market. Cash Cows These are products with a high share of a slow growth market. Cash Cows generate more than is invested in them. Sports betting and casinos markets have slowed down as the stars of the online gambling market have entered the market. Problem Children These are products with a low share of a high growth market. They consume resources and generate little in return. They absorb most money as you attempt to increase market share. These gambling games are fairly new to the market and have yet had a chance to grow. Stars These are products that are in high growth markets with a relatively high share of that market. Stars tend to generate high amounts of income. Betting and exchanges and online pokers have taken the market to the new levels of turnover and have set of a craze worldwide. Shareholders For nearly every industry, sustainability is a key objective. Creating a sustainable online gambling industry benefits all of the industrys stakeholders. In recent months we have seen the flotation of many online poker companies, which developed a great relationship between the stock market and online gambling. But in September this year PartyGaming warned its growth prospects may be not be as great as was suggested when it floated in July 2005. More than ? 2 billion was wiped of the value of its shares; they dropped 30% in value. This obviously had an effect on other online gambling company shares which saw a slide in share price as well. One indicator of the slowdown is that although there are still more people signing up to play poker online, their average spend is falling. This is a concern for the online poker market as it shows the growth is not sustainable and action must be taken to not just let the online poker market just a short fad. Chief Executive Richard Segal said as these trends continued, the group would adapt its marketing strategy and infrastructure to provide greater focus on customer retention and player value. SWOT Analysis ________________________________________ SWOT analysis is useful in auditing information in a systematic manner. It demonstrates how strengths and weaknesses can be understood in context with opportunities and threats. SWOT analysis helps to explain where the online gambling market is today, but also where it is likely to be in the future. ?Strengths 1. New innovations and improvements are a regular feature due to a highly competitive market and high demand from consumers. 2. The growth in new consumers is constant, especially with the current fad of online poker. 3. Consumers have more faith in using the internet which is helping the market to grow: new payment systems such as Paypal are trustful and they prevent, together with insurances and banks, consumers from online fraud. 4. The overheads are very low for new companies to enter the market of online gambling: create a webpage and buy a payment gateway is basically enough to have a gambling website. 5. Online gambling represent entertainment at home that can be accessed at anytime, from anywhere and by anyone. 6. Due to the diversity of gambling available bringing consumers into the market that would not potentially consider gambling (e.g. gambling on games such as Chess) is very easy. ? Weaknesses 1. Online gambling is likely to become quite a saturated market, and will only continue to grow at such a rate if innovations can be added to the existing offer: develop gambling in new areas such as politics, decrease the time between the deadline to place a bet and the event on which the bet is placed 2. Companies with poor marketing strategies will have to struggle to exist due to the amount of competition: new websites are issued quite every day without even proposing new possibilities for consumers. 3. In becoming stronger, more reputable organisations have the capability to over power smaller organisations or websites: this may occur in France in the next few years if La Francaise des Jeux decides to develop a wide-scale platform for online betting it will probably have a very negative impact on smaller competitors. 4. Gambling laws in several countries such as France or Italy constrain success of market with the social issues of gambling addiction. 5. Betting shops and Casinos when they are allowed by national gaming acts still have a high presence in the gambling market and stop people using the online gambling options as much. 6. It appears to be quite difficult for new company to enter the market place due to high competition and dominance of large firms controlling the market, unless with having an innovative idea: some small websites, for example, focus on the European market, they propose adapted hours for online tournaments or develop their pages or hotlines in many languages ?Opportunities 1. Can emphasis on the rapid popularity of online gambling and that anyone can do it. 2. It is highly potential to gain a lead on the market with new technology. 3. Innovative ideas such as celebrities even gamble online, e. g. www. celebritypoker. com offers the chance to play poker against celebrities. 4. Inexpensive start up costs for a new online gambling company. 5. Constant improvement in technology opens up opportunities in the market. 6. Broadband creating much more opportunity. 7. The market is worldwide so anyone who has access to the internet can be targeted. Threats ?Rapid growth of the market may cause gambling laws to be tightened affecting profit for companies. ?Negative publicity highlighting the dangers of gambling. ?Demand depends upon real income therefore downturns in the economy can have an adverse effect of demand. ?Some companies are in a weak position financially. ?Dominance of the market. ?Market dependant on technology, which is not always reliable. Conclusion ________________________________________ The future of online gambling is bright with estimates of $32 billion spent in the year of 2009 compared to $14 billion this year. The market has seen rapid growth in recent years and it is not possible for a market to sustain such rapid growth forever, but it is still likely to grow at such a rapid rate for several years to come but it will slow down gradually. Gambling laws vary in different countries but could prevent the growth of the market, due to worries such as gambling addiction. There will always be a strong market for online gambling but is likely to see more domination by larger companies keeping the barriers of entry difficult to succeed in the market. Online gambling is highly innovative industry with new ideas to draw more people into gambling with the latest idea of offering to be able to gamble on games of chess or snooker or backgammon It is possible to gamble on nearly everything, this just defines the potential of the market. References Textbooks Brassington, F. and Pettitt, S. (2000). Principles of Marketing. Websites www. quickmba. com/strategy/porter. shtml Five forces analysis diagram. www. gamblinglicenses. com Provided information on the gambling laws work. www. partygaming. com Provided stats on market size and useful information on the online poker market. www. bettingmarket. com Reviews of the online gambling market with stats of traffic on online sites. www. reports. mintel. com Provided a report on the gambling industry, with helpful information on market size. www. amadeus. bvdep. com Provided information on the market share of companies. www. thismoney. co. uk Provided information on the share situation for the market.

Thursday, November 14, 2019

Of Revenge: Francis Bacon’s Optimistic Tale? Essay -- Of Revenge Essay

Of Revenge: Francis Bacon’s Optimistic Tale? Revenge and vengeance are basic tools of human instinct. Whether society chooses to accept or blind itself to this fact, it is an indisputable truth. Francis Bacon examines this truth in "Of Revenge", a view of society and literary characters that reflects the strive for vengeance. However, "Of Revenge" deeply underestimates the corruption of the human spirit and soul. It completely disregards the presence of the basic human instinct which thrives on the manipulation and destruction of others, for the sake of satisfaction. Though Bacon’s inferences to the book of Job or Solomon are perfectly viable to a character that chooses to take revenge after they have been wronged, to believe that "no man does evil just for the sake of evil" annihilates any complete sense of credibility that Bacon’s thoughts imply. The author’s aspirations of the seeking of revenge solely as a means of retribution for oneself, and not to satisfy the evil within the human soul, is a beautifu l and idealistic hope which belongs in some earthen utopia. Unfortunately, it has no bearing on the modern world. Though the beliefs of Bacon expressed in "On Revenge" fulfill the traits of characters such as Medea, they neglect the human thrive for meaningless vengeance in characters such as Shakespeare’s Iago. Euripides’s Medea uses the theme of the search for revenge in order to instigate the downfalls and deaths of many characters. This theme is expressed through the character of Medea, who fits directly into the mold laid out in the guidelines of "Of Revenge". Medea’s search for revenge commences after her husband, the famous Greek hero Jason, leaves her for... ...nge" Francis Bacon considers the good and evil sides of man, and thus draws conclusions given the relationship between the good and evil in a character is equal. Therefore, a character such as Medea, who possessed many virtuous qualities, as well as detestable ones, fits the mold of Bacon’s beliefs of the justification of revenge. However, Bacon disregards the fact that in some men, their is more evil than their is good, and the strength and tenacity of that man override moral views. It is this imbalance that leads characters like Iago to do "evil for the sake of evil" and though they are not justified in their search for revenge, they endlessly endeavor to disrupt the natural flow of good to satisfy their evil cravings. Bacon discounts this amoral view of the human race which irrevocably overshadows the conclusions he draws as to the justification of human vengeance.

Monday, November 11, 2019

Spending and Investing Practices

Introduction How come some people make lots of money, others basically maintain the status quo, and many are awash in debt? What makes the difference? Spending habits – the difference between needs, wants, and self-indulgence. Investing practices –how time and compound interest can create a fortune. Spending without planning is seeking instant self-gratification NOW. Over-spending creates a bondage that limits opportunities. We all have dreams, priorities, fears, and limited time. In large part these are the key factors that influence what we do with our money. After all, the money we have at the moment is limited.The key questions are: What are the things that are important to you now, five years from now, in 25 years, etc. How much money do you have at the moment that is beyond the basics? What are your best investment choices based upon your age and the time available? Financial Planning Definition The process of: managing your money and resources to achieve economic and personal satisfaction. The Financial Planning Process. Determining your current financial situation. What is your income, expenses, and debt? Developing your financial goals. What are your future plans for housing, transportation, medical, marriage, retirement, etc.Identifying courses of action. Evaluating each course of action. Every decision closes off other alternatives. Creating and implementing your financial action plan. Write it down. Continually review your plan and revise as necessary. Selecting Financial Goals Should contain time goals Short term goals of a week, month, six months, a year or two years. Medium term goals that may be achieved within five years. Long term goals such financing college for children, retirement plans, Should contain need goals Consumable product goals: food, clothing, entertainment, etc. Durable product goals: cars, furniture, appliances, sporting equipment, etc.Intangible purchase goals: health, education, leisure, relationships, etc. Goal -setting Guidelines Financial goals should be realistic. State in specific measurable terms Should have a time frame Should indicate the type of action to be taken. Influences on Financial Planning Stage of adult life cycle: young single, married, married with children, single parent, older 50+. Marital status, household size, and employment. Personal values and major events such as graduation, marriage, children, retirement, etc. Local and global economic conditions such as: consumer prices related to inflation. interest rates for borrowing money. oney supply printed by government. unemployment related to job availability. Investing In The Stock Market Investing started when someone had an idea that possibly would make money but didn’t have the financing to develop it. So he sought money from others who were willing to risk their cash in exchange for a share of the potential profits. When the idea proved profitable and looked as if it would generate an income for an extended period of time, outsiders would try to buy shares in the company by offering cash to the original owners. If several people start bidding for shares and the share owners were willing to sell, the price increased.What Is Bought & Sold in the Stock Market Stocks are shares of ownership in a company. Shareholders may benefit from company profits and a rising stock price. They may also lose their shirt if the company loses money and stock prices fall. Note, ‘Penny’ stocks that are low priced tend to be highly speculative with few buyers and sellers and high risk. Below are some well-known stocks. Exchange Traded Funds (ETFs) hold a diversified portfolio of stocks and/or securities that are minimally managed. ETFs have the following advantages: ETFs are safer than stocks because an ETF is a basket of securities.With multiple securities, you aren’t subject to the wide array of risk including corporate scandals, after market earning reports, and other factors that affe ct individual stocks. ETFs may be traded during market hours. ETFs allow the use of limit orders and STOP-loss orders. ETFs have no penalties for early withdrawal and are ‘no-load’ (although usual broker fees apply). ETFs are passively managed so their expenses tend to be lower than comparable mutual funds. ETFs holdings are very apparent and portfolio changes are relatively infrequent. Options are available on some ETFs . Index Funds: securities that represent entire sectors:S&P 500 Index (SPY)| Dow Jones Industrial (DIA)| NASDAQ 100 (QQQQ)| Russell 2000 Fund (IWM). | Options are purchasable and sellable contracts that guarantee rights, but not necessarily obligations to buy or sell a security for an agreed upon price within a certain time period. Mutual funds: pooled money managed by professional money managers who charge for their services. Mutual funds are only traded after the market closes each day. Mutual funds cannot be protected from falling prices during the d ay. If the market is crashing, a sell order to get out is initiated only after the market has closed.No-Load Mutual Funds: no fees charged for buying or selling. On an average these tend to be more profitable than loaded funds. Loaded Mutual Funds: an upfront fee or exit fee is charged to enter or cash out a fund. Bonds: loans made to a company or government with a guaranteed return if bankruptcy doesn't occur. Often bonds are sold to raise cash to expand the business. Commodities: raw materials such as sugar, wheat, pork bellies, metals, etc. During economic expansion commodity prices generally rise due to increasing demand. During a recession or deflationary times the opposite is true except in the case of precious metals.Sometimes when people lose faith in their paper money they purchase gold or silver as insurance against devaluation of the dollar. Currencies: paper money that people believe has value. As the amount of paper money increases, the value of the paper money decrease s. With more paper money chasing goods, the rate of inflation rises (gas used to be 23 cents a gallon). REITs (Real Estate Investment Trusts): publicly traded companies that own and manage investment-grade commercial real estate. REITs invest in office buildings, malls, industrial facilities, hotels, resorts, health care facilities, and self-storage.REITs provide a simple and inexpensive way to invest in commercial real estate without buying property directly. However, they are not very liquid. REITs provide a fairly reliable source of income. At least 90 percent of taxable income must be distributed annually to shareholders. Financial Participants Banks and Credit Unions typically manage accounts and provide services including checking, savings, loans, credit and debit cards, notary services, safe deposit boxes, etc. Brokerage Firms typically manage all types of trades (stocks, mutual funds, ETFs, etc. ) for a fee.Some are full service, providing advice and charging for their servi ces. Others are discount brokers that handle transactions for a minimal charge. Broker: a licensed professional who advises people about investments for a fee and may work for a brokerage firm. Stock and Commodity Markets are exchanges where stocks, options, securities, indexes, currencies, commodities, etc. are traded. Market Maker: a professional securities dealer who buys and sells stocks or commodities held in inventory and must ALWAYS provide a bid and ask price at which they will buy or sell something.Investors (speculators) are individuals who usually hold longer-term investments. Traders (scalpers) are individuals who usually trade quickly looking for quick profits. Momentum investors track prices and volume data to identify stocks trending higher. Market Timers try to time their investing so they’re buying at market troughs and selling at peaks. Growth Investors target stocks of companies that produce, and should continue producing, above-average earnings growth. Val ue Investors shop for bargains, hoping to buy low, as the cliche goes, and sell high.There are four market trends. Down trending markets in which security prices are falling. People typically do not know how to trade this market. Yet trading a down trending market is usually the most profitable. Security prices fall faster than they rise, typically taking 5 years to reach a high versus 3 months to lose most of the gain. High volatility markets in which security prices swing wildly from one extreme to the other. Day traders and professional traders are very active in this scenario. Up-trending markets in which security prices are rising.Most people invest in an up-trending market because of their optimistic outlook. This market ranks third in trading profitability. Sideways trending markets in which security prices trade within a fairly tight range with little fluctuation. It is important to note that . . . Money can be made or lost no matter the market direction Protecting Trades Wi th Stops Frequently novice traders fail to protect profits and lose money even though a security has bounced in and out of profitability several times. The use of a STOP is one way to protect an account.A STOP is a chosen price in which a trader wants to sell a security to prevent a further price decline. There are four kinds of STOPS. Automatic Hard STOP. This STOP is set immediately after the initial purchase and is not changed until it is deleted or adjusted. Market makers may see hard STOPS and often knock them out during trading by dropping the price suddenly and then raising the price shortly thereafter. Trailing STOP — a favorite. As the price of a stock rises, this STOP correspondingly rises. A Trailing STOP allows a winning stock to run while protecting against a loss if the price drops.Mental STOP. This STOP is written down but not placed with the brokerage firm because full-time traders may not want to be inadvertently stopped out of a trade due to a momentary larg e price swing. STOP Limit. A ‘Limit Order’ is an order to buy or sell at a specific price or better and is only ACTIVATED when the desired price is hit. Searching For investments Determine market trends. What are the current market trends with the Dow, S;P 500, etc. Select high-ranking industry in which money is flowing into it. Studies have shown industry ranking is responsible for at least 50% of a stock price movement.Scan For Higher Volume. Look for securities that trade more than 750,000 shares daily. A stock needs to be liquid; meaning that there are plenty of buyers when it is time to sell. Search For Top Contenders. The companies should be profitable, with low or no debt. Trading Volume Drives Trends When there is a dramatic change in the volume being traded daily compared to its average daily volume, PAY ATTENTION! Typically this means professional money managers are either buying or selling a security. Like a garage sale, when there are a lot of buyers, prices tend to stay put or rise.If there is an abundance of sellers, prices typically fall. Rising prices with high volume mean institutional professional money managers are buying. The larger the volume increase — 50% above average — the better chance it is a true breakout. During major breakouts it is not uncommon for new market leaders to show volume spikes from 200% to 1000%. Rising prices with little volume is often a sucker’s rally and novice buyers tend to be taken to the cleaners because the price rise lacks support by institutions. Falling prices with high volume mean institutional money managers are selling.Falling prices with little volume may mean a strong base of support is forming for a possible uptrend. Professionals tend to purchase heavily and then wait four to eight days before buying again. Trend Insights A trend is the direction of movement of a market or individual security. Trends are characterized by a series of zigzags that resemble a series of waves with peaks and troughs. There are three trends: An uptrend is a series of higher highs and higher lows. A downtrend is a series of lower highs and lower lows. A neutral trend is horizontal, or equal, peaks and troughs, and reflects a period of indecision.This is also known as the consolidation phase. If a trader is wrong about the trends — all other factors are basically worthless. What is popular one moment may be a ‘dog’ shortly thereafter. Trends are your friend. Money is always flowing somewhere! Large Market Trends are determined by an analysis of the buying and selling volume of the Dow, NASDAQ, S&P 500, Russell, etc. Sector Trends deal with an overall analysis of similar companies. Listed below are ETFs that cover sectors. Sector ETFs| Internet| HHH| Oil Service| OIH| Transportation| IYT| Telecom| IYZ|Real Estate| IYR| Big Tech| QQQQ| Software| PSJ| Media| PBS| Defense| PPA| Construction| PKB| Insurance| PIC| Financials| IYF| Nanotech| PXN| Alt. Ene rgy| PBW| Industry Trends are a subcategory of sector trends. This is where individual stocks are listed. Calendar Trends. Some things happen on a recurring basis which cause stock prices to rise and fall almost like clockwork. For instance, Christmas goods are usually shipped in August and September influencing the stock prices of UPS or FEDX. India’s wedding season increases the demand for gold. CAN SLIM COMPANY ANALYSIS CRITERIAWilliam O'Neil, founder of Investor’s Business Daily Newspaper (IBD), developed the ‘CAN SLIM’ investing analysis criteria that is based upon many years of research and readily displayed in IBD. The following is a summary of the analytical criteria used. C = Current Quarterly Profit Increases. Strong growth in earnings, more than any other factor, is what defines the market leaders that potentially are going to experience big price advances. IBD recommends looking for stocks with a profit gain of at least 25% compared to the same quarter of the previous year.IBD found that three of every four such stocks boosted profits by more than 70% in their most recent quarter BEFORE their big run-ups. A = Annual Earning Increases should be at least 25% for the last three to five years. Some of the biggest market winners had annual earnings growth of 50%+ before starting their big run-ups. A trend of three to five years of annual earning increases coupled with recent strong earnings in the last several quarters increases the probability of success in an up-trending market. N = New Products, Management, or Highs.It seems that anything new that makes our lives richer, extends our health, or increases our productivity is desirable. Old companies or newly created companies that provide these new things or new services tend to increase in value because of increase in sales. S = Supply & Demand. When there are plenty of buyers and few sellers, prices increase. When demand for stock shares increases, the company with the leas t amount of shares available will experience a greater price increase. The greater the number shares available (for sale) the less the price performance.Usually older larger companies with billions of shares are more sluggish than companies trading only 50 million shares. Note, the larger the percentage of ownership by management, typically the greater the growth potential. L = Leaders, Not Laggards. There are many ‘wannabes also-ran’ companies. Their price growth results are average at best or a flash-in-the-pan. Select best-of-breed stocks from the top three in strong industry groups with the best quarterly/annual earnings growth. Note, in a bull market correction, the stocks that drop the least are usually the best on rebound.I = Institutional Sponsorship. When big traders (mutual funds, pension plans, etc) are buying millions of shares, it is a good sign the price will run-up. But not all mutual funds are equal in quality. Follow the leaders of the best mutual funds . M = Market Direction. Track the trend averages using the S&P, DJIA, and NASDAQ. And Finally CFO: Corporate Fraud Officer. FIAT Money: Financial Instrument Administering Theft of Money Insanity: Doing the same thing over and over again and expecting different results. – Einstein