Rum and Coke by Julia O’faolain Free Essays

The short story â€Å"Rum and Coke† (1996) composed by Julia O’Faolain happens in Ireland in the higher catholic condition. Our storyteller is the child of a catholic Irish congressperson, who is attempting to save Ireland as a state in the instructing of the Irish Catholic Church. As the story proceeds, our storyteller finds that his dad is engaging in extramarital relations with a more youthful lady, Artemis Sheehy, and she is pregnant with his father’s youngster. We will compose a custom paper test on Rum and Coke by Julia O’faolain or on the other hand any comparative subject just for you Request Now Both of them had been contending and his dad had a stroke in Artemis? room.They move his dad to his own lodging, to stay away from inquiries regarding why the congressperson was in Ms. Sheehy’s room, and they call a specialist. The dad kicks the bucket two or three evenings later, while our storyteller and Artemis Sheehy are consoling each other in a lodging close by. Our storyteller and Artemis Sheehy draws near and they wed to cover over his father’s botches and to bring the kid up in appropriate way inside the Catholic accept. Catholics accept that it is just plain wrong to have a premature birth, for what it's worth to have an unsanctioned romance when you have take part in a marriage.The congressperson has submitted both of these transgressions, and as a senior individual, this could destroy his profession and his family’s notoriety. Our storyteller knows this during the scene, and that is most likely why he assumes liability for the kid. Through the story, our storyteller is uncertain on the off chance that he would become like his dad, and commit similar errors. He thinks about whether Artemis is pulled in to the expectation of him turning out to be as his dad seemed to be, and that bei ng the motivation behind why she take part in a marriage with him. The congressperson is an enchanting, wise and political man, who cherishes his better half and who shows his child how to prevail in a higher environment.Our storyteller adores him, and he is in stun when he finds his father’s mysteries. Artemis is portrayed as a wonderful, however bashful young lady. She is working at a similar inn as the representative has his stroke and where our storyteller fills in as a barman. From the start, our storyteller, after his father’s stroke and his insight into their issue, doesn't have the foggiest idea what to consider Artemis. He is befuddled of the circumstance, yet he chooses to do the noteworthy thing, and carries Artemis to the medical clinic with the goal that she can say her goodbyes.At the finish of the content, after his father’s demise and just before his son’s birth, we don't get any information on our storyteller and Artemis’ relationship, other than they are cheerful. This shows our narrator’s dread of turning out to resemble his dad is pointless. He is steadfast towards Artemis, apparently, and he assumes liability for his family’s activities by covering over their slip-ups. The short story is written in a better English style. O’Faolain utilizes numerous terms and words, which ordinarily isn't in a Danish student’s English-vocabulary.This just backings the story on the grounds that our storyteller is from a better domain. Julia O’Faolain’s father was likewise an author and of higher class, he composed numerous celebrated books of the circumstance in Ireland. Julia’s father, Sean O’Faolain, battled in The War of Independence and due to his accept, his books indicated his compassion toward IRA and a free Ireland. It is in this way justifiable why Julia O’Faolian composes of the insider facts behind the better catholic family, since they, according to her, has an inappropriate thoughts for Irelands future. This content was distributed in 1996, two years before the Belfast Agreement.The Belfast Agreement made sure about an Irish nearby government, built up participation among North and South Ireland, a further security of human rights, early arrival of paramilitary groups’ detainees, and significantly more. [pic] The main section of the story lets us know, that our narrator’s spouse is soon to go in to work and he will be a dad in a short measure of time. He isn't at the emergency clinic in light of the fact that the medical caretakers accepted that he made his better half apprehensive. This is justifiable on the grounds that, a lady, when she is going to conceive an offspring, is in a ton of agony, so the peruser doesn't give further notification to it.The peruser isn't gi ven any clues that our narrator’s spouse is bringing forth our narrator’s father’s child, and it's anything but an idea that you would think yourself, since it is a bizarre circumstance. Had the peruser gotten the information about Senator Leary’s issue with Artemis, Senator Leary’s stroke and our storytellers and Artemis’ helpful marriage directly after, before we realized that Artemis was pregnant, the riddle would include, considering the significance of a decent notoriety in a higher standing Irish catholic family.The structure is in this manner fundamental for the remainder of the story, so it doesn't appear to be insignificant that our storyteller is revealing to us this, directly before he will end up being a ‘father’. At the point when a story depends on flashbacks, similar to this story is, it is known as a casing story. What's more, when the story starts in a circumstance, similar to this story likewise does, it is called an in medias res. The most effective method to refer to Rum and Coke by Julia O’faolain, Papers

September Writing Prompts for Grade School Students

September Writing Prompts for Grade School Students September is an extraordinary month for educators and understudies to begin the propensity for every day composing. Composing each day, in any event, for a brief timeframe, can set the establishments for extraordinary accomplishments during the year ahead. These prompts have been decided to feature key occasions and celebrations during September and are extraordinary for day by day warm-ups or diary passages. Month of September: Better Breakfast MonthClassical Music MonthNational School Success MonthRead-a-New-Book Month Composing Prompt Ideas for September September 1st Theme: Nursery RhymesThe youth rhyme Mary Had a Little Lambâ (1830) depends on an occurrence in the life of Mary Sawyer of Sterling, Massachusetts. when her sheep followed her to class one day.What was your preferred nursery rhyme as a youngster? For what reason do you think you enjoyed it so much?September second Theme: Better Breakfast MonthWhat is your concept of an awesome breakfast? Portray precisely what youd serve.September 3rd Theme: Labor DayThe first Monday in September is put aside as a yearly national tribute to the commitments laborers have made to the quality, thriving, and prosperity of our nation. As per the United States Department of Labor site, Labor Day is a production of the work development and is committed to the social and monetary accomplishments of American workers.How does your family observe Labor Day weekend?September 4th Theme: Classical Music MonthHave you at any point tuned in to old style music? What is your inclination ab out it? For what reason do you feel that way?September 5th Theme: Pizza (National Cheese Pizza Day)Describe your ideal pizza. Incorporate insights concerning the hull, sauce, and fixings. September sixth Theme: Read a Book DayThere are examines that show the constructive outcomes of perusing on social prosperity. Perusing fiction improves a perusers capacity to comprehend different people groups convictions, wants, and contemplations that are unique in relation to their own.Do you like to peruse? Provided that this is true, what sort of things do you like to peruse: books, magazines, sites, and so forth. If not, why dont you like to read?September 7th Theme: Neither Rain Nor Snow DayThe informal doctrine of the United States Postal Service is typified in this statement found on the James Farley Post Office in New York City:Neither snow nor downpour nor heat nor agony of night remains these messengers from the quick finishing of their delegated rounds.Describe the troubles that you that mail transporters may look on some random day? Do you think this is a difficult activity? Would you need to be a mail carrier?September eighth Theme: Anniversary of the Day Ford Pardo ned NixonOn September 8, 1974, President Gerald Ford acquitted Richard Nixon of any bad behavior related with Watergate. For what reason do you think Ford exonerated him? Do you figure he ought to have? Why or why not? September 9th Theme: Grandparents DayWhat are three characteristics that you think make an incredible grandparent? For what reason do you think they need these qualities.September tenth Theme: T.V. Supper DayDo you feel that it is significant for families to have supper together in any event a couple of times each week? Why or why not?September eleventh Theme: 9-11 World Trade Center Remembrance DayYou can have understudies tune in to previous Poet Laureate Billy Collins perused his sonnet The Names.Write a sonnet or bit of composition celebrating the individuals who kicked the bucket on the 9/11 attacks.September twelfth Theme: National Day of EncouragementWhich individual do you feel has propelled and supported you the most in your life? Clarify your answer.September thirteenth Theme: Scooby Doos BirthdayIf you were in a Scooby-Doo scene, who might you want to be combined up with as you chase for phantoms: Scooby and Shaggy, Fred, Velma, or Daphne? Why?September fourteenth Theme: Pet Memorial DayDescribe your preferred pet, living or dead. On the off chance that you have never had a pet, clarify what sort of pet youd like to have and what you would name it. September fifteenth Theme: National School Success MonthWhat do you want to do to turn out to be progressively effective in your classes at school? Clarify your answer.September sixteenth Theme: Mayflower DayPretend you were on the Mayflower on that first journey to settle in America. Depict your emotions after leaving England and afterward observing your new home.September seventeenth Theme: Constitution DayResources on The Constitution Center site: Explore the best, impartial, intelligent Constitution on the web, highlighting materials composed by the top sacred researchers from over the political spectrum.Journal point: If you could just keep one of the accompanying rights, which would it be? The right to speak freely of Speech, Freedom of Religion, Freedom of Assembly, Freedom of the Press. Clarify your answerSeptember eighteenth Theme: Childhood (National Play-Doh Day)Do you miss primary school? Why or why not?September nineteenth Theme: Talk Like a Pirate DayWrite a sonnet or a passage as though you were a privateer depicting all the fortune youve pillaged. Make a point to compose like a privateer. September twentieth Theme: Chicken Dance DayToday is Chicken Dance Day. For what reason do you feel that numerous grown-ups appreciate moves like the Chicken Dance and the Hokey Pokey? Do you appreciate them? Why or why not?September 21st Theme: World Gratitude DayName five things that you are thankful for. Clarify why you are thankful for each.September 22nd Theme: Dear Diary DayCreate a journal passage about a unique day. This can be a genuine day in your own life or an anecdotal journal section. Make a point to begin with Dear Diary.September 23rd Theme: Checkers DayYouve been approached to play either checkers or chess. Which would you pick and why?September 24 Theme: National Punctuation DayWhich accentuation mark do you have the most issue utilizing effectively? You can look over the period, comma, colon, or semicolon.September 25th Theme: National Comic Book DayThe comic book showcase in North America has reached as high asâ $1 billion annually.Do you perused comic book s? Why or why not?September 26th Theme: Banned BooksBanned Books Week is a yearly occasion initially propelled in 1982 that commends the opportunity to peruse. As indicated by the Banned Books Week website:This is a push to unite the whole book network - custodians, book shops, distributers, columnists, educators, and perusers of numerous types - in shared help of the opportunity to look for and to communicate thoughts, even those some think about unconventional or unpopular.Do you imagine that school libraries should boycott certain books? Bolster your conclusion. September 27th Theme: Ancestor Appreciation DayWrite about your preferred precursor. In the event that you dont know whether your precursor or dont have a most loved one, tell which most loved individual you wish was your predecessor. Clarify your explanations behind picking this person.September 28th Theme: Good Neighbor DayIn the sonnet Mending Wall by Robert Frost, the neighbor states Good fences make great neighbors. Clarify what you believe that announcement means.September 29th Theme: Coffee DayAre you a fanatic of espresso? Assuming this is the case, for what reason do you like it? What way do you like to drink it? If not, why not?September 30th Theme: Chewing Gum DayTake a stand either possibly in support of biting gum. Compose three contentions to help your assessment.

Anglo-Saxon Chronicle Essay Example | Topics and Well Written Essays - 1500 words

Old English Saxon Chronicle - Essay Example The title 'the Unready', or all the more precisely 'the Ill-Advised', given to Alfred's replacement gets to a great extent from the author of the Anglo-Saxon Chronicle who was an admirer of Alfred and frustrated in his replacement. The writer appears to be such a great amount of obscure of the genuine problem that he has kept the then open perspectives in his psyche while composing and the account isn't composed keeping the genuine conditions in thought Ethelred needed to look in that time, however its everything about the repeat annihilations of Ethelred. This is the primary explanation regarding why Ethelred has picked up only just the awful notoriety ever. Another explanation is while composing 'Somewhat English Saxon Chronicle', he has been contrasted with Alfred. In 1979 the year after the increase of King Aethelred, the Danish intrusions, long unintermitted under Edgar the Peaceful, recommenced as their primary goal was to loot just, not victory, and they more than once assaulted in 981, 982 and 988. A time of harmony in the tenth century, wherein occurred an incredible religious change and restoration of learning, was trailed by recharged Danish assaults, which proceeded all through the reign of Aethelred the Unready and finished in the triumph by Cnut. In 991 the Danes consumed Ipswich, and vanquished and slew the East Saxon ealdorman Brihtnoth at Maldon. After this episode, Aethelred understanding the emission of lawfulness offered them a cost of opportunity of 10,000, just to get harmony and quietness England. As the Danes needed to give something as desistion from their desolates, they were still permitted to remain in England. One year from now Aethelred himself broke the harmony by an assault on the Danish boats. In spite of the foul play of Aelfric, the English were successful and the Danes cruised off to destroy Lindsey and Northumbria. In 994 Olaf Tryggvason, King of Norway, and King of Denmark, Sweyn Forkbeard joined in an extraordinary intrusion and assaulted London. Baffled by the dauntlessness of the residents, they cruised away and harried the coast from Essex to Hampshire. Presently Aethelred had no choice left aside from following through on another cost of England, and by and by he purchased harmony for 16,000 with a guarantee of provisions. Olaf in the wake of getting such incredible favors guaranteed Aethelred that he could never again come to England with unfriendly aim, a commitment that he dependably kept. One reason why he is recognized as 'The Unready' is he didn't know who to trust and who not to trust. For his thrashing lies in the reality he confided in an inappropriate people. This drove him towards the disappointment one after the following lastly the King of Denmark vanquished him. The guarantee was made to Olaf Tryggvason, the King of Norway; Sweyn (the King of Denmark) was without any sort of duty made to Aethelred so he over and again assaulted England in 997, 998, 999, and in 1000. These incessant assaults separate the national barrier and made the Government powerless. Anyway Aethelred in these critical situation did what anybody could have accomplished for the endurance of his nation, he offered the then Danes the total of 24,000, and yet he requested the butcher of every single Danish men who were in England, which was his most prominent bumble. Such a vicious conduct on part of the Aethelred exacerbated things and caused Sweyn to return for retribution and stayed here f or a long time. In 1005

London School of Commerce Essay - 1925 Words

The blue ocean strategy (Essay Sample) Content: Name:Institution affiliation: London School of CommerceCourse:Lecturer:Date of submission:Title:How market boundaries in mature and competitive boundaries can be reconstructed by organizations to create uncontested market space. (The blue ocean strategy)IntroductionCompetition among firms has intensified over the years in various industries. To the consumers, it is a good trend because they will have value for money. This is because have an opportunity to compare quality and the respective prices before they make a final choice. However, competition is never healthy for most organizations since the companies are likely to lose clients to their competitors and a decline in revenue is expected. How best to challenge competition to maintain the market share and venture to new areas has been a major concern for most organization. The concerns of most managers seem to be addressed through adopting the Blue ocean strategy developed by Chan Kim and Mauborgne. In the blue oce an strategy, market boundaries in mature and competitive boundaries can be reconstructed by organizations to create uncontested market space (Kim, Mauborgne 2005, pg 14).Blue oceans strategy seeks to make competition irrelevant, create uncontested market space, create a new market, encourage differentiation and lower cost as well as break the value cost trade off. This is unlike the red ocean strategy that encourages companies to compete in the current market, beat the competition, make value for cost trade off and exploit the existing demand (Kim, Mauborgne 2005 pg 48).Value innovationValue innovation is considered as the cornerstone of the blue ocean strategy in creating an uncontested market space. Value innovation concept is unique from other strategic concepts because it focuses on eliminating competition through value addition for their clients. Value innovation occurs where a company's actions positively influences the value proposition to customers and the cost structure. Cu stomer's value is lifted through creation of goods that are not offered. With efficient production, a firm will enjoy economies of scale hence generating more sales from the quality products.Various analytical tools and frameworks aid in creating a systematic toolbox for comparison in the blue ocean strategy namely: the strategy canvas, the four-action framework and eliminate-reduce- raise create Grid(Kim, Mauborgne 2005, pg 23)The strategy canvasThe strategy canvas is the central and action framework for building a strong blue ocean strategy. The horizontal axis of the canvas indicates the range of factors that firms compete on while the vertical axis indicates the offers that all the buyers receive. The canvas is hence important because it helps one to understand status of the market on competition. It then helps in building an individual's focus from competition to new markets for non-customers.The four-action frameworkThe four-action framework is important since it helps manager s to seek answers to four crucial questions that break the differentiation or low cost trade off. They include what factors should be eliminated because the industry no longer values them? , which factors should be reduced below the industry's standards? What factors should be improved above the standards in the industry? Moreover, which factors need to be created because they have ever been offered? (Kim, Mauborgne 2005, pg 29) Each of the four questions provides answers that will aid a company to lower costs and differentiation.Diagrammatic representation of the Four Action Framework ((Kim, Mauborgne 2005, pg 29).REDUCEWhat factors need to be reduced?CREATEWhat factors should be created?ELIMINATEWhich of the factors is the industry not keen on that should be eliminated?A New Value CurveRAISEWhat factors should be raised above the current standards in the industry?CREATEThe first question forces managers to eliminate factors that do currently do not add valuate the consumers. The second question will help managers to redesign and reduce factors that we used as a competition strategy with other companies. The first two questions hence help the company reduce its operation cost. The third question forces the management to eliminate those factors that the industry has imposed on the customers. It seeks to make consumers liberal to have what they feel is the best for them hence customer loyalty. The forth question makes managers to think innovatively and create value for consumers. The third and forth question help the company to differentiate its products and services.The eliminate- reduce-raise-create gridThe eliminate- reduce-raise-create grid not only does it make managements of various organizations to ask the four action framework but also makes the companies to work on the questions to create value for the consumers. The four Grid helps companies to work towards differentiation and low costs as explained under the four-action framework (Siegemund 2008).( Kim, Mauborgne 2005, pg 48) on the blue ocean strategy have also identified six principles that will help in successful formulation and implementation of the business strategy. Four principles help in successful formulation while the last two describe the implementation of the blue ocean strategy.The formulation principles are explained as follows: 1 Reconstruction of market boundariesThe principle describes six parts through which managers can systematically develop uncontested market space. The principle educates companies on how they can make competition irrelevant through the six conventional boundaries of competition and opening potential blue oceans. The six parts concentrates on looking across strategic groups, alternative strategic industries, across complimentary product and services, across buyer groups across functional-emotional orientation of the industry as well as across time (Kim, Mauborgne 2005, pg 50-57). 2 Focus on the big picture as opposed to focusing on the num bers.A company should design its strategic plan that will create maximum value for their clients. The principle focuses on alternative strategic plans to the existing ones. Focus on the bigger picture is essential because it will aid the company achieve its long-term goals. 3 Research beyond existing demandThis principle expects managers to focus on the aggregate demand of their clients as opposed to small market segmentations, which is the convention practice. The conventional practice leads to small target markets. 4 Get the strategic sequence rightThis principle holds that the business model built by the management should be in a position to achieve profitability growth. When organizations meet the sequence of cost, price, utility and adoption requirements they will be able to handle the business model risk. Additionally, the blue ocean idea generated by the company will be achievable.The next two principles highlights how the blue ocean strategy can be executed with minimal risk 5 Overcoming key organizational hurdlesThis principle addresses organizational risk that faces the company in implementing the blue ocean strategy. The principle outlines how managers can overcome the resource, motivational, cognitive and political hurdles and to successfully implement the blue ocean strategy. Some of the challenges faced by the management could easily slow down or completely stop the implementation of the blue ocean strategy it not handled appropriately (Kim, Mauborgne 2005, pg 147). 6 Build execution onto strategy.The management of any organization is encouraged to involve those who implement policies to be involved in the strategy formulation. This will motivate them and will be dedicated to execute the blue ocean strategy. The management should be able to convince the employees and other stakeholders that the new strategy will not threaten their job security or undermine their interests.Market dynamics of value innovation in the blue ocean are different from those of conventional technology innovation in the red ocean strategy. Innovative organizations in the red ocean are found of price skimming so that they may be able to earn high returns for the innovation at its inception. The organizations then lower prices for the innovation so that they may discourage new entrants and increase their market share (Siegemund 2008). For value innovation in the blue ocean strategy, quality of the products creates a strong brand with high demand. Organizations in both the short and long run will be able to make high profits.The blue ocean strategy makes a company in a position to achieve its goals because it focuses on creating new demand in uncontested markets instead of using resources to compete with other firms in the current market. The development and adoption of a new strategy by a company always involves an opportunity and a risk. All the six principles of the blue ocean strategy takes into account a specific aspect of risk. The six paths t hat can be used by a company to create uncontested market space are essential because they help in minimizing the associated risk.When a company focuses on the bi...

My College and Career Choices Essay - 1058 Words

What do you want to be when you grow up? Is one of the many questions that are asked by teachers and adults. Through the research and development of this paper, I feel that I am finally prepared to answer that question. College has always been in my plans but which college? Well, I have it narrowed down to three excellent and well -known colleges. Ohio University of Athens, The Ohio State University of Columbus and Miami University are the colleges that I feel would foremost prepare me to become an athletic trainer. My first college choice is Ohio University of Athens; I think that Ohio University is a prominent university. Also, I like the rural location of the college. This college provides the classes I need to pursue my career in†¦show more content†¦The Ohio State University (OSU) is my second college choice. Being a Buckeye has been a dream of mine since I knew what college was, but with the research I have done, I do not like the size or location of the college, howev er OSU does offer a really good athletic training program and thats what interests me most about the college. College is not cheap or easy but it is doable. Tuition for OSU is $11,285 per semester (collegecalc.org). With a larger college there is going to be a larger enrollment number. According to (osu.edu) there is an average of 50,000 students enrolled at OSU. Having a large variety of choices in majors is convenient. A total of 175 majors are offered at OSU (osu.edu).The recommended ACT score ranges from 26-30 (osu.edu). Scholarships and financial aid are both offered at OSU. The scholarships offered at OSU are various types of merit scholarships awarded to those students who qualify (osu.edu).Financial aid at OSU is like other universities ,they have grants loans and work study( osu.edu).Like Ohio University , OSU offers extracurricular known as intramural sports and many other programs. Although it is not my first choice if I get the chance I would become a Buckeye. Last but certainly not least, Miami University of Oxford, Ohio would be my third choice. Miami University is another well-known college that also has a rural location. ThisShow MoreRelatedMy College and Career choices500 Words   |  2 Pages My College and Career choices My three college choices are University of Florida, University of Seattle and Ohio University. Each of these colleges have good qualities for my careers. I’m not very sure what exactly I want to have a career in. Two of my main choices are veterinarian or child care. 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Descriptive Essay Embodiment And Emotional Memory On...

The article I selected is â€Å"Embodiment and Emotional Memory in First vs. Second Language† by Baumeister, Foroni, Conrad, Rumiati and Winkielman. The reason why I chose to review this article is because as a Bilingual person whose native language is Spanish and second language is English I wanted to know how different my brain and memory reacts to both languages. Especially, I was hoping to find answers in the article and learn more about myself through it. I have always been curious about what happens when I meet someone who only speaks English, will the connection that I create with said person be as strong as a connection I can form with someone who speaks Spanish?. The study discussed in this article targets Spanish and English Speakers†¦show more content†¦However, there are things that I feel more confident talking about in English rather than in Spanish, which to me is weird. This article aims to explain the relationship between feelings, words, languages an d the reaction of your brain, memory and even facial muscles to interactions in two different languages, which makes me feel identified. I am also very interested in neurolinguistics and what happens to our brain when we learn new languages and this article has given me the information I was looking for. Moving on to the article itself and the study that is being analyzed in it, the authors start by identifying native language as L1 and second language as L2. The purpose of the study was to follow up with previous researchers who have found that language and emotions are linked and that said link is solider in L1 than in L2 which has been acquired far along in life. They wanted to reflect their findings in changes in emotional memory and embodied responses when Spanish and English was being interchangeable between bilingual people. The researchers formulated two hypotheses. The first hypothesis was based on the idea that the processing of emotional words in L2 would result on less embodied simulations (Muscle resonance) that it would in L1 participants. The second hypothesis stated that L2 participants had a harder time processing and categorizing emotional wordsShow MoreRelatedMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 PagesFILM LANGUAGE FILM LANGUAGE A Semiotics of the Cinema Christian Metz Translated by Michael Taylor The University of Chicago Press Published by arrangement with Oxford University Press, Inc. The University of Chicago Press, Chicago 60637  © 1974 by Oxford University Press, Inc. All rights reserved. English translation. Originally published 1974 Note on Translation  © 1991 by the University of Chicago University of Chicago Press edition 1991 Printed in the United States of America 09 08 07 6Read MoreLanguage of Advertising20371 Words   |  82 PagesPeculiarities of Advertising Language Moscow - 2010 Summary The peculiarities of advertising language are the subject of this graduation paper. At the beginning, in the first chapter is given a generalRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesE SSAYS ON TWENTIETH-C ENTURY H ISTORY In the series Critical Perspectives on the Past, edited by Susan Porter Benson, Stephen Brier, and Roy Rosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture inRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesBetter Job 91 4 Emotions and Moods 97 What Are Emotions and Moods? 98 The Basic Emotions 100 †¢ The Basic Moods: Positive and Negative Affect 100 †¢ The Function of Emotions 102 †¢ Sources of Emotions and Moods 103 Emotional Labor 108 Affective Events Theory 110 Emotional Intelligence 112 The Case for EI 113 †¢ The Case Against EI 114 †¢ Emotion Regulation 115 OB Applications of Emotions and Moods 115 Selection 116 †¢ Decision Making 116 †¢ Creativity 116 †¢ Motivation 117 †¢ Leadership 117 †¢ NegotiationRead MoreOrganisational Theory230255 Words   |  922 Pagesorganization theory. Henk W. Volberda, Chair of the Department of Strategic Management Business Environment and Vice-Dean of the RSM Erasmus University, Netherlands At last, a text that brings organization theory into the 21st century! This is the first organization theory textbook to provide full and informed coverage of a range of contemporary developments in the field. Notably, it includes diverse contributi ons to organization theory made by critical management studies. It really is pathbreaking

Dog of Dow Strategy

Question: Discuss about the Dog of Dow Strategy. Answer: Introduction: The current research examines the popular Dog of the Dow strategy by evaluating the risk and return. This is made through application of the principles behind the strategy to the Hang Seng Index (HSI) and Hang Seng China Enterprises Index (HSCEI) from the years 2003-2012. The back-testing outcome signifies that this particular strategy has been conventionally famous amongst the community of investment by outperforming the benchmark successfully, which is the Dow Jones Industrial Average. The outperformance in Dogs of HIS has been only observed. By comparison, the Dogs of HSCEI have failed to overrun the standard in the previously mentioned time horizon. The discrepancy of outcome has been attributed to the fact that the mainland counterparts (A-shares) highly affect the constituents of HSCEI. It is observed that the mainland market of China is a growth play, which has restricted the progress of the principle of value investment underlying the strategy of Dogs. History of Dogs of the Dow: The Dogs of the Dow has gained the polarity among the investment community because of its straightforward, understandable and prudent performance (He 2014). In addition, the long outperformance in comparison to the index of benchmark, The Dow Jones Industrial Average (DJIA) is another reason behind the growing popularity of the Dogs strategy. Dogs strategy is an application of investment value, which criticises that the undervalued stocks have purchasing opportunities, which are probable to bring back to their fair prices. This provides the investors with an opportunity of earning favourable returns. However, hrberg, Schnknecht and sterberg (2014) argued that using dividend yield is an efficient measure to track the undervalued securities among the constituents of DJIA instead of price/earnings and price-to-book ratios. This is primarily because of the following three reasons: A high stock of dividend yield is probably to be a dawdler with a depressed share price over the last year and it is more likely in contrast low dividend yield shares for regaining value and catches the peers, which has outperformed DJIA. The investors tend to select defensive shares, which are relatively less subject to the poor economic cycle and fetch stable income for the investors in a struggling market. A cushion effect could be developed with the help of dividend, which receives greater appreciation from the investors in a sluggish market. During the time of economy recovery, the investors could make both gain in dividends and appreciation of capital. The other multiples of trading could not provide any protection level, which indicates the superiority of dividend yield in choosing undervalued stocks. Price/earnings and price-to-book ratios are highly subject to accounting manipulating and short-term profit fluctuations. On the contrary, dividend data avoids accounting manipulation, since it is more predictable. The concept Dogs imply that these securities have underperformed considerably and therefore, they could be termed as unfavourable investments. Coming to construction of portfolio, the advocator of Dogs strategy chooses the beginning ten largest stocks in terms of dividend yield. These stocks are selected on the final trading day of each accounting year to construct a uniformly weighted portfolio for the purpose of simplicity. The developed portfolio is kept for a year until the last day of the upcoming accounting year. During that time, the investors need to select the same criteria for reassessment of new Dogs securities in order to rebalance the portfolio. Henceforth, the portfolio is comprised of ten securities, which is overhauled yearly to consist of the current greater dividend yield securities amongst the constituents of DJIA. With the help of such portfolio construction, the investors do not need to invest all funds on a specific security; however, they could invest in a diverse group of stocks from DJIA. These are some of the securities of reputed organisations, which are large and liquid in nature. In addition, these securities have undergone many economic crises and managed to survive over the years. Thus, the Dogs portfolio could be considered as conservative investment due to flourishing operating history. In the words of Qiu, Song and Hasama (2013), despite the undervaluation of some firms due to complicated business issues like the oil spill of Exxons Valdez in 1984, they have overcome the situation to maintain business sustainability. However, there is an exception, in which Manville Corporation has become insolvent in 1984 due to legal suits, which has resulted in elimination from DJIA. Dogs strategy is planned for making long-term investments and ample time horizon is needed for accomplishing the desired outcome. After investigating the Dogs portfolio and the performances of DJIA for 17 years from 1973-1989, it has been found that the portfolio has made an annual return of 17.9%, while the figure is 11% for DJIA constituents. However, review of the current performance is necessary to assess the effectiveness of the Dogs portfolio. The below-mentioned chart supports the efficiency of the strategy, since it has outrun the market by 17.74% starting from 2010 to 2013. In case, the risk is high to beat the market, the strategy might not be convincing for the investors. Hence, it is feasible to contrast the outcomes relative to both risk and return. According to the research results of Tissayakorn et al. (2013) from 1928 to 2001, it has been found that the Dogs have outperformed DJIA, since the return achieved is 12.9% with a standard deviation of 12.8%. On the contrary, the return of DJIA is 11.4% having standard deviation of 22.4% based on risk adjustment. Therefore, it could be inferred that the strategy of Dogs have outrun the market with a lower level of risk, as laid out by the values of standard deviation. In simple words, it could be inferred that the Dogs strategy has a greater Sharpe ratio in contrast to the set benchmark. The investors planning to invest for longer periods prefer steady growth instead of changed dividend payout. In addition, the firm maintaining the growth in its dividend policy could achieve certain requirements to increase the value of the shareholders. Based on this viewpoint, Ghouse, Nadrah and Ahmad (2014) named ten securities, which have the greatesr dividend yield with never reduced dividends from 1998 to 2003. These have been categorized as the Dow Core 10. The portfolio has an average half-yearly return of 14.9%, which is 0.47% more in contrast to the Dogs portfolio. This is because of the lower rebalancing need, which minimises the requirement of realisation arising from capital gains tax. Hence, it could be inferred that the fall in transaction cost makes the portfolio of Dow Core 10 highly cost-effective for the investors. References: Ghouse, M., Nadrah, S.H. and Ahmad, N., 2014. Conceptual Paper of the Trading Strategy: Dogs of the Dow Theory (DoD).Noryati, Conceptual Paper of the Trading Strategy: Dogs of the Dow Theory (Dod)(June 4, 2014). He, J.J., 2014.Can Alternative Dogs of the Dow Beat Hedge Funds?(Doctoral dissertation, Princeton University). hrberg, T., Schnknecht, P. and sterberg, E., 2014. Dogs of the Dow. Olsson, D. and Necander, A., 2016. Beating the market through dividend yields: Dogs of the Dow in the Swedish context. Qiu, M., Song, Y. and Hasama, M., 2013. Empirical Analyses of the/dogs of the Dow Strategy: Japanese Evidence.International Journal of Innovative Computing, Information and Control,9(9), pp.3677-3684. Tissayakorn, K., Song, Y., Qiu, M. and Akagi, F., 2013. A Study on Effectiveness of the" Dogs of the Dow" Strategy for the Thai Stock Investment.International Journal of Innovation, Management and Technology,4(2), p.277. Yan, H., Song, Y., Qiu, M. and Akagi, F., 2015. An empirical analysis of the dog of the dow strategy for the Taiwan stock market.Journal of Economics, Business and Management,3(4), pp.435-439.