Tuesday, May 19, 2020

Essay on The Media and Violence in our Society - 636 Words

Violence has always played a role in the media. It is found everywhere around the world. Media does contribute to violence in our society. This essay will prove that media does contribute to violence in our society by examining music, video games and Web Sites. Firstly, one form of violence which influences behaviour in our society is music. This sort of media is a concern to parents who are interested in the development and growth of their children because of the negative and destructive themes of some kinds of music. Let’s take for example the rap artist Eminem. In his album â€Å"Marshall Mathers†, he talks about murdering his wife, and plans to rape and murder his mother. These violent lyrics promote hatred against women.†¦show more content†¦Secondly, another form of violence which influences behaviour in our society is video games. Almost all children play video games. An average seventh grader plays video games at least 18 hours per week and most of thos e games are violent. Young people who play a lot of violent video games have an aggressive behaviour. The main trend of video games is for players to be the bad guys, acting out criminal fantasies and earning points for attacking and killing innocent people. Even though these games are rated M, they are popular among pre-teens and teenage boys. Let’s take for example Grand Theft Auto 3, who was the best-selling game for PlayStation 2. The main idea of the game is too earn points by carjacking, stealing drugs from street people and pushers and also by beating up prostitutes with baseball bats after having sex with them. These types of video games do not set good examples for children and teenagers. These young minds may think that they are allowed to verbally aggress women and that doing crimes are alright. Violent video games may affect their behaviour as they get older because they may want to commit crimes and get into drugs. This proves that video games do contribute to v iolence in our society. Thirdly, the last but not least form of violence which influences behaviour in our society is Web Sites. Ever since the internet has been invented, children started having more exposure toShow MoreRelatedViolence in the Media1047 Words   |  5 Pagesa law that bans violence in the media: in movies, on TV, in video games, and on the Internet? Adi Shimony Golden Gate University Today, media take a major part of our lives, shape our society and create reality.  The Banning violence in the media is an efficient approach the government should take to handle the growing violence in our society. I argue that the US Government should make a law that bans violence in the media. The law needs to limit broadcasting of violence content at timesRead More The Effects of Television Violence Essay1416 Words   |  6 PagesThe Effects of Television Violence Recent attention in the media relating violence and children has created much controversy and debate. Our society has brought much focus on violence in the media and how it has effected children of all ages and races. High school shootings and increasing crime in small towns all over the country has brought forth the question of whether or not children are exposed or desensitized to too much violence in television, movies, news, and other sources. ManyRead MoreMedia Violence Essay1420 Words   |  6 PagesViolence in the Media and how it Affects Society The effect of media is profound and far-reaching. All over the world, the media influences our values and intrudes upon our deep-seated ideologies and beliefs. Indeed the media has been a powerful force in influencing people’s perceptions, and more importantly, their behavior as well. Business, politicians, and showbiz personalities pay huge sums of money to media firms in order create an image or change an existing one. Politics in particularRead More Media Violence and Its Effects Essay709 Words   |  3 PagesThroughout decades, media have became one of the most powerful weapons in the world. As time passed, more and more varieties of media were shown, like television, magazines, and internet. From reporting the news to persuading us to buy certain products, media became the only connection between people and the world. But violence in media is shown everywhere, it is hard to turn on your media source and not find violence displayed on the screen, no matter its telev ision, internet, print media, or even radioRead MoreIncreasing Violence in Youth Culture Essay1093 Words   |  5 PagesIncreasing Violence in Youth Culture In Bradbury’s dystopian classic, Fahrenheit 451, Clarisse says â€Å" ‘I’m afraid of children my own age. They kill each other’ † (Bradbury 27). Bradbury claims through Fahrenheit 451 that our society is becoming increasingly violent in youth’s culture. Furthermore, common sense seems to dictate that as technology advances violence, increases as well. Although schools are considered to be the safest places for children, media, behavioral problems, and influences insideRead MoreAs Technology Has Evolved So Has The Way We, As A Society,1411 Words   |  6 Pagesway we, as a society, consume media. If we look back through history, we can see violent imagery portrayed in books and art. However, after some violent school shootings, people have attempted, and failed, to pin the blame on violent media and even predict if, and when, it will happen again. However if we look at the violent tragedies, and more specifically the people who have committed them, we can see other causes for this violence. Although it can cause issues, violence in media does not causeRead MoreMass Media and Violence Essay891 Words   |  4 PagesMass Media and Violence Is it hard to believe that just forty years ago only a few privileged American families had televisions in their home? In recent years, it is estimated that a whopping ninety-eight percent of Americans have one or more television sets in their home. Motion pictures, televisions, video games, and the internet are just some forms of mass media that have emerged since the last century. With the rise of mass media, the increase of violent behavior has increased as well. MassRead MoreExposure to Violence and Videogames844 Words   |  3 Pagesgeneration where violence is idolized in video games and in the media. Although parents monitor and guide their children, â€Å"[the] media is everywhere. TV, Internet, computer and video games all vie for our childrens attention]† and often times are the sole free-time activity (American Academy of Pediatrics). As media monopolizes the adolescent generation, society has begun to look at the effects it may have especially material that promo tes violence. Although much of this violence is fictional, itRead MoreThe Effects Of Media Violence On Children873 Words   |  4 Pages According to the Media Education Foundation, once a child reaches eighteen years of age, they have witnessed around 200,000 acts of violence and 16,000 murders (jacksonkatz.com). Our society loves entertainment and a grand portion of this entertainment contains violence. Children constantly consume violent visuals, due to their prevalence. Majority of our society is uninterested in the effects of media violence since its effects do not show immediately. Misinformation is our greatest enemy in theRead MoreMedia and Violence Essay768 Words   |  4 PagesIn the globalization era, the first power among in this world is media. It is very important to recognize that media violence has been caused several problems in everyday life, especially, television, because we cannot only hear the sound but we can see the visual as well. If we think carefully ab out media violence, it has roots in the unease that has historically been expressed whenever a new entertainment or communications medium appears on the scene that appeals to the masses. We can seen, as

Monday, May 18, 2020

Business in China - 1131 Words

November 29th, 2012 International Business Doing Business in China The role of government when doing business in China is very important. It is especially important if you are from a different country, such as the United States, because the approaches to dealing with the government are much different. There are many factors in which should be considered when dealing with business related issues with the government. These include whether or not your business strategies go along with the plan the government has for Chinas development, understanding how the Chinese government interfaces with your business, and also how to deal with pressures from the government when they want you to do things you and your business don’t want to do.†¦show more content†¦There are also corrupt government officials that you potentially have to deal with. â€Å"There are a hundred corrupt officials who go unpunished for each one who is punished.† (Armbruster, 2007, pg.9) If that statement is even somewhat true, there has to be a large amount of corruption between officials which can go positively if you are doing business the wrong way but can also have negative effects. Having a China strategy is very important. A China strategy is a plan on how you are going to move your business into China and be successful. A China strategy is important because you have to know how to enter a market when going into a new environment, especially one as different as China’s. â€Å"China is no longer a third world country or an emerging economy. As the second largest and fastest growing economy in the world, soon to overtake the United States, it is a genuine force to be reckoned with. Within the past few years there has been a remarkable development inside China and the establishment of a significant middle class.† (Watson, 2011, pg. 51) You have to be able to know what you are going to do with your business once you are in China. You also have to have a backup plan in case you need to remove your compan y for any reason. What I found most interesting about doing business in China is the many different things you have to deal with compared toShow MoreRelatedBusiness in China1188 Words   |  5 PagesBusiness in China 1. What challenges do foreign firms face when they seek to transfer their home management style to China? 2. Discuss the reform of Chinese state-owned enterprises and related government policy changes. Evaluate the impact within the state-owned businesses and the chinese society. Chinese management Doing business in China requires a throughout understanding of their management philosophy and practices. Their management style is different in many respects from mainstreamRead MoreBusiness Organization : China And China1303 Words   |  6 Pagesmight want to thank you for giving me the chance to compose a couple words about my study arrangement and my future prospects in China. I have dependably indicated readiness and unmistakable fascination in concentrating on Single man of Business Organization in China. There are numerous explanations behind which I have picked China to want examining my major. Initially, China is instruction well disposed nation and advancing advanced education in each conceivable way without separation of race, sexualRead MoreMaking Business in China1003 Words   |  5 PagesBauchà © INTERNATIONAL MARKETING China’s culture and business practices differ from Europe or even North American. As you start making business in China, having an understanding of Chinese business â€Å"etiquette† is important to your success. Knowing and practicing common customs will also help you to avoid embarrassment, and focus on the matters at hand on critical occasions. Appearance One of the most visible changes to the human landscape of China over the past few decades has been the change in dressRead MoreEssay on Business in China1030 Words   |  5 PagesBefore doing business in China, there’s a few things needed to know about this to-be home away from home for the company. A completely different world from that of the United States, this second largest supplier is as simple as our own in business etiquette, and a few simple things can go a long way. Social-cultural, economy, legal-political, and managerial differences are just a few categories of information to be taken into consideration when pursuing a business agenda in China. Social-CulturalRead MoreThe Importance Of Business In China1447 Words   |  6 Pages â€Å"We were ready to walk away from China forever, but the friends we made in Shanghai convinced us to stay. We entered the Chinese market after spending weeks walking the streets, trying to understand the economy, the culture, the people and whether they were ready for the type of business we were in: the high end, no-replica, genuine design exhibition and events business. â€Å"Over the course of 3 years, we visited various Chinese cities and found Shanghai the most cosmopolitan and open-minded, withRead MoreBusiness Skills in China618 Words   |  3 Pagesfor intelligent and younger citizens to become the 4th generation of The Communist Party of China. Along with many others Hu Jintao was chosen to be one of the future leaders. Before becoming one of the most important people in China, Hu Jintao learned the values of business. These business skills taught by his working-class father conveyed well into his style of running the country, like a business. Hu’s Aunt had been his primary caregiver through his mother’s passing when Hu was just 7. YearsRead MoreFun Business In China786 Words   |  4 Pages According to the 2016 China fan report, since 2004, an average of 40 million new fans have been added every year, and the number of Chinese fans has reached 470 million by 2016 (Song, 2017). Especially, funs spend money to express their enthusiasm, which accounts for about $330 billion of fun consumption in the young generation, according to the monthly consumption of fans. (Song, 2017). Although in spite of the large population of China, these data also surprised. And as we know, this situationRead MoreBusiness Expansion Into China819 Words   |  3 PagesBusiness expansion into China The Americans treat conception of self on self-reliance and self promotion is more accepted as they value freedom from external interference, while for the Chinese the conception of self is viewed from a group perspective and they value self modesty as well. The other difficulty will be the language barrier that may exists between the Americans and the China dwellers. It will be ethical for the company to hire translators who will enable the clients feel at ease andRead MoreThe Business Environment Of China Essay1105 Words   |  5 Pagesbackground of globalization and information technology, the China enterprise still face problems such as business environment. Some of the significant changes in the business environment of China includes: The conflict of centralized political and democratic requirements, the economy growth of ‘high speed’ and ‘low quality’ and the appreciation and depreciation of Ren Min Bi. All these changes in the business environment will affect the business as well. ï  ¬ The conflict of centralized political and democraticRead MoreChina Business Sme5201 Words   |  21 PagesChinas market reforms and accession to the WTO has led to its economy growing rapidly, to the point where it is now the fourth largest on earth, and is expected to be in the top two within the next decade (Business Monitor International, 2006). As a result, Chinas SMEs are now facing an economy flooded with foreign capital, and with a more open economic climate than in previous years, but also a much more competitive economy, where many of their previous practices are no longer relevant. This piece

Wednesday, May 6, 2020

Drug Users And Human Services Utilization An Exploratory...

The article â€Å"Injection Drug Users, Crack-Cocaine Users, and Human Services Utilization: An Exploratory Study† by Ashery, Rebecca Sager; Carlson, Robert G.; Falck, Russel S.; Siegal, Harvey A. seeks to understand the perception and experiences of drug users upon utilizing Human Social Services. The research problem being addressed is formulated around the usage of social services programs among injection drug users and crack cocaine users during a two-year period. From the abstract of this article that there are no simple answers to this problem. The research is minimal and the correlation between social services and the drugs users is non-existent. The research problem initially presented clearly within the article. According to ( Ashery, Carlson, Falck, and Siegal, 1995) the usage of examples to support the claims that further examination is required to understand the relationship between drug users and social services. It further explains perceptions and experiences among drug users. However, it would appear that the research problem was expanded to include emerging patterns that were observed over the decades by social workers. The additional information created confusion and difficulties understanding the flow of the document. The author questions if there is a correlation to drug users, the accessibility to basic needs and AIDS risk reduction intervention programs to the reduction. The author made several statements that there is additional supporting evidence that isShow MoreRelatedData Warehouse Case Study4449 Words   |  18 PagesCase Study: A Data Warehouse for an Academic Medical Center Jonathan S. Einbinder, MD, MPH; Kenneth W. Scully, MS; Robert D. Pates, PhD; Jane R. Schubart, MBA, MS; Robert E. Reynolds, MD, DrPH ABSTRACT The clinical data repository (CDR) is a frequently updated relational data warehouse that provides users with direct access to detailed, ï ¬â€šexible, and rapid retrospective views of clinical, administrative, and ï ¬ nancial patient data for the University of Virginia Health System. This article presentsRead MoreMeasurement of Sevice Quality of Apollo Using Servqual12789 Words   |  52 Pageswas completed successfully because of the grace of God. Richa Kumari Amity Business School EXECUTIVE SUMMARY Service firms like other organizations are realizing the significance of customer-centered philosophies and are turning to quality management approaches to help manage their businesses. This paper starts with the concept of service quality and demonstrates the model of service quality gaps. SERVQUAL as an effective approach has been studied and its role in the analysis of the differenceRead MoreEvaluation Research Design Literature19283 Words   |  78 Pagesmine existing data sources; ―pull outâ€â€" relevant data or information; summarize it; logically analyze and/or statistically treat it; and report results. In many instances, the issue, problem, question, etc. which prompted the idea for an evaluation study is resolved or answered by studying and reporting previous research reports in the literature or synthesizing, either logically, statistically, or both, data drawn from existing databases. In program evaluation, it is often necessary to describe orRead MoreUsing Val ue-Chain Analysis to Discover Customers Strategic Needs4793 Words   |  20 Pageswithin a company they describe the various value-added stages from purchasing materials to distributing, selling, and servicing the ï ¬ nal product (Porter’s 1985 concept),[3] and (2) they also delineate the value-added stages from raw material to end-user as a product is manufactured and distributed, with each stage representing an industry.[4] For convenience, we will refer to these two deï ¬ nitions as ‘‘internal’’ and ‘‘external’’ value chains, respectively. The internal value chain is a key conceptRead MoreProject Report on Inventory Management10923 Words   |  44 PagesA PROJECT REPORT ON INVENTORY MANAGEMENT SYSTEM A STUDY OF PIDILITE INDUSTRIES UNDER THE GUIDANCE OF: Dr. Anil Sinha Dean ,Prof. Corporate finance Session: PGDM 09 IILM, GREATER NOIDA ACKNOWLEDGEMENT We have prepared this study paper for the â€Å"Inventory Management System – A Study of Pidilite Industries†. We have derived the contents and approach of this study paper through discussions with company executives and internet as well as with the help of various Books, Magazines and Newspapers etcRead MoreConsumer Research in the Early Stages of New Product Development27148 Words   |  109 Pagesto the success of companies. In the numerous studies of new product performance over the years, consensus has developed that understanding consumer needs is of paramount strategic value, especially in the early stages of the product development process. During these early stages, the product has not yet been specified and the aim is to search for novel product ideas from a marketing and technological perspective. Despite their importance, several studies indicate that consumer research methodologiesRead MoreProject on Wipro13311 Words   |  54 Pages PROJECT REPORT ON SERVICES OFFERED BY WIPRO LTD. SUBMITTED IN THE PARTIAL FULLFILMENT FOR THE AWARD OF THE DEGREE OF BACHELOR OF BUSINESS ADMINISTRATION 2008-2011 UNDER THE GUIDANCE OF Mr. JATIN VAID FACULTY, MAIMS SUBMITTED BY: BHUWAN GUPTA Roll No.:9311 Batch No. –BBA 3rd Semester (2nd Shift) Maharaja Agrasen Institute Of Management Studies Affiliated to Guru Gobind Singh Indraprastha University, Delhi. PSP Area, Plot No. 1, Sector-22, Rohini, Delhi-110086 SELF DECLARATION I, BHUWAN GUPTARead MoreIphs Standards for 100 Bedded Hospital16137 Words   |  65 PagesGeneral of Health Services Ministry of Health Family Welfare Government of India 1 Contents 1. Introduction 2. Objectives of IPHS for Sub-District Hospitals 3. Definition of Sub-District Hospital 4. Grading of Sub-District Hospital 5. Functions 6. Essential Services 7. Physical Infrastructure 8. Manpower 9. Equipment 10. Laboratory Services 11. Recommended allocation of bed strength at various levels 12. List of Drugs 13. Capacity Building 14. Quality Assurance in Services 15. Rogi Kalyan SamitiesRead MoreProject Management15109 Words   |  61 Pagesprograms aimed at improving the quality of life of beneficiary communities, development and social welfare etc.. The principle be it in physical or qualitative terms. Despite significant aims and objectives of all these programs have been inputs of human and financial resources, many fell short to bring about overall changes in the existing socio- of expectations. Projects failed to meet the priority economic structure in the country providing thereby needs of communities; stated outputs were not achievedRead MoreArticle: Perf ormance Appraisal and Performance Management35812 Words   |  144 PagesPerformance appraisal and performance management were one of the emerging issues since last decade. Many organizations have shifted from employee’s performance appraisal system to employee’s performance management system. This paper has focused to study the evolution of employee’s performance appraisal system, critics the system suffered and how the performance management system came to the practice. The main purpose of this paper is to differentiate these two systems, employee’s performance appraisal

The Double Citizenship of Human Existence-Kant Essay

Taylor Ciali May 12, 2008 Dean Baer Kant-Final Paper The Double Citizenship of Human Existence Immanuel Kants theory of knowledge has been one of the most influential in modern Western philosophy. His basic premise is that we do not experience the world directly, but we do so by using certain intrinsic cognitive concepts. â€Å"Appearances, to the extent that as objects they are thought in accordance with the unity of categories, are called phenomena. If, however, I suppose there to be things that are merely objects of the understanding and that, nevertheless, can be given an intuition, although not to sensible intuition, then such things would be called noumena.† (A249) According to Kant, it is crucial to make a distinction between†¦show more content†¦How we explain it is that it is a realm in which time has no beginning or end. Through the use of cognitive concepts to help us make sense of the world, Kant’s theory is primarily sense based. However, this does not mean that he only believed in the existence of the sensible or physical realm. In fact, Ka nt believed that beyond the realm of phenomena, things as if they appear, there is a realm of noumena, things as they truly are. He believed that the only way we can make sense of the idea of the noumenal realm is through our mind, our intellect. Kant argued that there must be, sensibly, things as they truly are, beyond the way we perceive things. However, they can never be experienced in the noumenal realm due to the fact we can only experience things as they appear to us, phenomena. Nevertheless, noumena must exist if for no other reason than to make sense of the world we perceive around us. Case in point, even though people experience the same object as having a different color, shape, and/or texture, depending on many different reasons, one of which being where they stand in relation to it, it does not change the fact that sensibly the object must have a true form separate then the way it is perceived. According to Kant there are three ultimate modes of consciousness: Knowing, f eeling and desiring. Knowing is understanding, desiring is reasoning and feeling is judgment. Feeling is the intermediate space between noumena, reasoning, andShow MoreRelated Cultural Differentiation and Moral Orientation: Taking an Interest in History4144 Words   |  17 Pagesindividuals, judgement must have a dimension that can apprehend the purposiveness of those human achievements which are social in their significance and socially transmitted. In other words, such achievements transcend individual intention. The ‘historical signs’ of such moral purposiveness provide moral orientation through the conflicting claims that arise within and between complex and historically evolving human communities. I explore the role of disinterested judgement in providing this orientationRead MoreNatural Law Theory Essay6453 Words   |  26 Pagescreator, God. It teaches everything God made has a purpose, including every aspect of human life, and everything should work towards th e purpose assigned to it. If we fulfil this purpose we do ‘good’, for example it is good to preserve life (â€Å"Do not kill†). If we frustrate the purpose for which something has been created then it is morally ‘wrong’, to destroy life is against the will of good. In addition, human sexuality was designed for the reproduction of the species. Any action which helps towardsRead MoreThe Ethics Of Corporate Social Responsibility2955 Words   |  12 PagesOn very common situations of the foundries outsourcing companies, does not mean can be ignore the production process management, especially in the growing environmental awareness of human rights and labor hypertonic, consumers are also concerned about purchase the product is how are they manufactured and process. This has been deemed an important indicator of corporate social responsibility (CSR) and business ethics. The ethics of corporate social responsibility disclosure have historically beenRead Mo re Case Study on Rape Victims Essay3962 Words   |  16 Pagessuggest that the hotline operator remain honest, because any rational being would have reasoned lying to be ethically wrong in a just society. But, what if lying to the victim means that the caller is convinced to prosecute her rapist? According to Kant, it would be the victims right as a person to act free, so long as she uses reason to follow universal law concerning the report of her crime. The victim’s good will requires her to fulfill her duty to follow the categorical imperative, to maintainRead MoreIndian Polity and Social Issue16628 Words   |  67 Pagesemergencies it takes unitary structure. Parts Parts are the individual chapters in the Constitution, focused in single broad field of laws, containing articles that address the issues in question. (Preamble)  » Part I- Union and its Territory  » Part II- Citizenship.  » Part III - Fundamental Rights  » Part IV - Directive Principles and Fundamental Duties.  » Part V - The Union.  » Part VI - The States.  » Part VII - States in the B part of the First schedule (Repealed).  » Part VIII - The Union Territories  » PartRead MoreImpact of Science on Society38427 Words   |  154 PagesBeginning with the plow, science has changed how we live and what we believe. By making life easier, science has given man the chance to pursue societal concerns such as ethics, aesthetics, education, and justice; to create cultures; and to improve human conditions. But it has also placed us in the unique position of being able to destroy ourselves. To celebrate the 25th anniversary of the National Aeronautics and Space Administration (NASA) in 1983, NASA and The College of William and Mary jointlyRead MoreImpact of Science on Society38421 Words   |  154 PagesBeginning with the plow, science has changed how we live and what we believe. By making life easier, science has given man the chance to pursue societal concerns such as ethics, aesthetics, education, and justice; to create cultures; and to improve human conditions. But it has also placed us in the unique position of being able to destroy ourselves. To celebrate the 25th anniversary of the National Aeronautics and Space Administration (NASA) in 1983, NASA and The College of William and Mary jointlyRead MoreInternational Management67196 Words   |  269 Pagesthe market-leading international management text. Specifically, v vi Preface this edition has the following chapter distribution: environment (three chapters), culture (four chapters), strategy (four chapters), and organizational behavior/human resource management (three chapters). Because international management is such a dramatically changing field, all the chapters have been updated and improved. New real-world examples and research results are integrated throughout the book, accentuatingRead MoreOrganisational Theory230255 Words   |  922 PagesAcknowledgements xiii xvii xix xx Chapter 1 Introducing organization theory: what is it, and why does it matter? Introduction What is organization theory? Defining theory What are organizations? The relationship between organization theory and human activities The relationship between organization theory and management practice Social engineering and organization theory Critical alternatives to managerialism in organization theory Philosophical disputes and debates: explaining and understanding

Midsummer Nights Dream Essay Summary Example For Students

Midsummer Nights Dream Essay Summary In Shakespeares, MIDSUMMER NIGHTS DREAM, he wrote about a tragedy that he turned into a comedy. He did this to show his audience how stupid humans can act upon their emotions. There are three plots that tie together with one main situation. There is Hermia and Lysander, two star crossed lovers that cant be together. Hermias father wants her to marry Demetrius who Hermias bestfriend Helena loves. Demetrius loves Hermia and trys to pursue her. Then there is Oberon and Titania the King and Queen of the fairies. Oberon is jealous of Titania because she has an Indian boy that shes spending all her time with. He wants the baby and they have a quarrel about it. So as revenge he gets his servant Puck, a fairy, to put a potion in her eyes to distract her when Oberon steals her baby. But this potion made her fall inlove with the first living thing she saw which cooincidently was a jack ass. At first Oberon was amused but then he realized he didnt like how her attention was on the jack ass and not him. Last but not least is a group of dorky guys who are making a play for the first time. Their play is about a tragic love story that ends up in the death of both the lovers because they couldnt be together. The fairies and these clowns that are making the play are very essential for the main plot of Hermia and Lysander and their problems, because it shows how people really act and how their effects are showed in the play. The fairies are essential to the main plot because without Puck there wouldnt have been a comedy at all. Even though he brought confusion to Hermia and Helena about how Lysander and Demetrius both all of the sudden fall inlove with Hermia, at the end Oberon fixed the situation so everyone would be happy. The clowns are also needed because the play they are acting out shows if two lovers cant have each other the way they do, they act on emotions instead of logic and reality, they would take dramatic actions. This play within the play was suppose to show how if you try to keep people away from each other when they dont want to be separated they will do something to act upon your rule. Just like Lysander and Hermia running away to be together against her fathers wishes. Without this play, Theseus would have never seen it and talked to Hermias father to change his mind and allowing his daughter to marry Lysander. What Shakespeare is trying to tell his audience is that if you try to stop lovers from being with one another, theyll find another way or do something terrible. Without these subplots in the play there would be no happy ending for everyone.

Fundamentals of Hedging Derivatives and Swaps

Question: 1. The yield curve is flat at 6% per annum. What is the value of a Forward Rate Agreement where the holder receives interest at the rate of 8% per annum for a six-month period on a principal of $1,000 starting in two years? All rates are compounded semi-annually. Explain your answer. 2. A trader has a portfolio worth $5 million that mirrors the performance of a stock index. The stock index is currently 1,250. Futures contracts trade on the index with one contract being on 250 times the index. To remove market risk from the portfolio the trader should short or long in the forward or futures market? A company enters into a short futures contract to sell 50,000 units of a commodity for 70 cents per unit. The initial margin is $4,000 and the maintenance margin is $3,000. What is the futures price per unit above which there will be a margin call? 3. In which of the following cases is an asset NOT considered constructively sold? Explain your reasoning. A. The owner shorts the asset B. The owner buys an in-the-money put option on the asset C. The owner shorts a forward contract on the asset. D. The owner shorts a futures contract on the stock Answer: 1. FV of $1000 in five semi-annual periods 1000*(1+0.08/2) = 1040 PV= $ 1040/ (1+ 0.06/2) ^5 = $ 862.60878 Rounding it to $ 862.61 Investment does not start with accruing interest rate for the period of 2 years, that is 4 Semi-annual periods starting from today) After that, interest is paid after an additional 6 month of period on total of 5 semi-annual periods starting from today 2.1) Particulars Amount Portfolio $5,000,000 Stock Index price 1250 Future contract (1250 * 250) = 312,500 The number of contract required = 5,000,000 / (1250 * 250) = 5,000,000 / 312,500 = 16 contracts The portfolio mainly mirrors the stock index so selling 16 contracts might mainly help in nullifying the risk that might be incurred from volatility. Thus, short future position comprising of 16 contracts might mainly help in reducing the risk of market declines in the future. 2.b) Particulars Amount Future contracts 50,000 units Initial margin $4000 Maintenance Margin $3000 Commodity price 70 cent Calculation = (0.72-0.70) * 50,000 = 0.02 * 50,000 = 1,000 The difference between initial margin and maintenance margin is $1,000. Thus, if the contract attains a loss of $1,000 then a margin call will be activated. The future price of the commodity is 70 cents. Thus, if the price rises to 72 cents then the margin call will be activities [(0.72-0.70) * 50,000] = $1,000. Furthermore, it could be concluded that if the prices rises of 72 cents the margin call of the short position will be activated (Webber 2011). 3. From the options given, B is the correct answer. This is because profits on the assets have to be recognized in the options A, C and D. As far as holder of the asset is concerned, it cannot be deferred in profit recognition matters with indication of trading activities (RheinlaÃÅ'ˆnder and Sexton 2011). In the given case, B option is the answer, as asset is not considered for constructively sold in any form (Barnett and Cohn 2011). In other words, purchasing money by using put option is profit-locking system in the asset without triggering immediate liability of tax activities. Reference List Barnett, Gary and Joshua D Cohn. 2011.Fundamentals Of Swaps Other Derivatives, 2011. New York, NY: Practising Law Institute. RheinlaÃÅ'ˆnder, Thorsten and Jenny Sexton. 2011.Hedging Derivatives. New Jersey: World Scientific. Webber, Nick. 2011.Implementing Models Of Financial Derivatives. Chichester, U.K.: Wiley.