Friday, November 29, 2019

Video Games As Art Essay Example For Students

Video Games As Art Essay Steven Spielberg spoke out on video games last month at the EA Game Innovation Lab at the University of Southern California. I think the real indicator, he said, will be when somebody confesses that they cried at Level 17. Spielberg was talking about video games and art, and the increasingly less absurd question of are-they-or-arent-they. The mere fact that U.S.C. has a Game Innovation Lab is probably an indicator that something is afoot, but Im here to accept Spielbergs challenge and come clean. A video game made me cry. The game is called Halo, and it wasnt actually Level 17; it was Level 5. I had been slugging it out for what seemed likeand probably washours with a bunch of aliens in an icy canyon. Just as all hope was fading, I seized an alien aircraft and made my escape. I sailed up into the darkening sky with light snow sifting down around me. Moody music, like something from Carmina Burana, swelled in the background. The sounds of battle faded beneath me in the dusk. It was like the end of Platoon, and I was Charlie Sheen. Then the waterworks started. We will write a custom essay on Video Games As Art specifically for you for only $16.38 $13.9/page Order now Listen: I am a grownup, no-dorkier-than-average person. I dont consider myself susceptible to hysterics (my eyes remained miraculously dry throughout The Terminal, Mr. Spielberg). So what happened on Level 5? Right now video games are the worlds largest cult phenomenon. Those who play them (fully half of all Americans ages 6 and up) love them, and those who dont play them regard them with virulent distaste. Its time that changed. Those of you in the latter group, if you have any curiosity about the future of your own culture, and if you havent already put down this magazine in favor of Flaubert or croquet or whatever, take a look at three new video games that expand our notions of what a video game can do. Grand Theft Auto: San Andreas (for PlayStation2) sounds like a game that glorifies delinquency, juvenile and otherwise. And it does. But its also an extraordinary experiment in interactive storytelling. You play a playa,a Snoop-style gangbanger wandering through a vast, absurdly detailed virtual version of California. Theres no hard-and-fast narrative. You go where you wish and do what you like, and the game makes things interesting accordingly. This is something thats possible in no other medium. San Andreas combines the richness of art with the freedom of real life to create something entirely new, totally unclassifiable and really, really cool. Ive already confessed my unmanly affection for Halo, which may be the single most perfect video game ever made. Halo 2 (for Xbox) hits stores Nov. 9, and it offers more of the same adrenalized, flawlessly orchestrated, hyper-realistic combat (the new game lets you rock two weapons simultaneously, John Woostyle, which is not actually that useful but hella fun), but its real genius lies in its architecture. Its staged like Wagnerian opera: you fight through vast, Olympian structures, combating mind-hurtingly titanic forces, and the effect is precisely that mixture of awe and terror and wonder that the philosopher Edmund Burke called the sublime. The original Half-Life borrowed technology from hard-core shoot-em-ups and used it to spin an absorbing tale about a scientist on the run from scary-gross interdimensional aliens. This had never been done before. Half-Life 2 (PC), which arrives Nov. 16, after six years of work, is one of the most frighteningly atmospheric games Ive ever seen. Humanity came out of its interdimensional scrap holding the silver medal, and now we live in an alien-run police state enforced by collaborationist thugs and towering three-legged monstrosities. Long, ringing silences, too bright sunlight and empty streets deepen the sense of Orwellian despair. .u40e7b71ad8ec7d1885e59ba62d966c95 , .u40e7b71ad8ec7d1885e59ba62d966c95 .postImageUrl , .u40e7b71ad8ec7d1885e59ba62d966c95 .centered-text-area { min-height: 80px; position: relative; } .u40e7b71ad8ec7d1885e59ba62d966c95 , .u40e7b71ad8ec7d1885e59ba62d966c95:hover , .u40e7b71ad8ec7d1885e59ba62d966c95:visited , .u40e7b71ad8ec7d1885e59ba62d966c95:active { border:0!important; } .u40e7b71ad8ec7d1885e59ba62d966c95 .clearfix:after { content: ""; display: table; clear: both; } .u40e7b71ad8ec7d1885e59ba62d966c95 { 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; } .u40e7b71ad8ec7d1885e59ba62d966c95:active , .u40e7b71ad8ec7d1885e59ba62d966c95:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u40e7b71ad8ec7d1885e59ba62d966c95 .centered-text-area { width: 100%; position: relative ; } .u40e7b71ad8ec7d1885e59ba62d966c95 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u40e7b71ad8ec7d1885e59ba62d966c95 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u40e7b71ad8ec7d1885e59ba62d966c95 .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; } .u40e7b71ad8ec7d1885e59ba62d966c95:hover .ctaButton { background-color: #34495E!important; } .u40e7b71ad8ec7d1885e59ba62d966c95 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u40e7b71ad8ec7d1885e59ba62d966c95 .u40e7b71ad8ec7d1885e59ba62d966c95-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u40e7b71ad8ec7d1885e59ba62d966c95:after { content: ""; display: block; clear: both; } READ: Lets All Stay In School EssayArt is generally supposed to mean something, although its not always easy to say what. Whatever these games mean to the people who play themwhom, ah, ever they may bethey mean a lot. Fifteen years ago, video games were barely more than a cottage industry, if by cottage you mean the sticky back corner of a strip-mall bowling alley. Last year game sales hit $7 billion, in the same exclusive ballpark as movies (about $9 billion). We should count ourselves lucky. The video game is a brand-new medium, and we get to see it evolve from the very beginning. Are video games art? Nobody knows yet, but the cool thing is, were the ones who get to decide. Should games be like Hollywood? Or like interactive novels? Or maybe the NBA is the model? China already sponsors a national video-gaming team, and ESPN is covering the launch of Halo 2. So grab a joystick, sink back into the couch, and get in on Level 1. I promise, nobody has to know. Just keep some tissues handy.

Monday, November 25, 2019

Free Essays on Telemarketing

Telecommuting Introduction Telecommuting is a wireless technology which enables the businesses to work without employees coming to the office and they can stay wherever they want and finish their work. Telecommuting is the fastest growing field of business in recent years, mainly the cellular and personal communications industry. The explosion of telecommuting industry had spread very rapidly connecting the both of the highly industrial areas as well as the third world countries. Telecommuting made the life much more easier because its ability of doing the work outside of office which was done traditionally in the office. Telecommuting rapidly changed our way of work because people who traveled to the office every day and spend eight hours behind a desk are being changed into more technologically flexible workers who are no longer in the boundaries of office walls. Current Status Advancement in telecommuting is remarkable because it saves time and increases the productivity. Many companies are adopting this technology because with telecommuting no body needs to be always preparing for the commute and worry about being late. One can go to work simply by tossing on a robe and slippers or holding a cup of coffee and sitting down on his terminal. Telecommuting proved to be a very profitable for few corporations. All they need was the certain amount of investment. But only few companies had made this kind of transformation. Most of companies are afraid to make this transformation because of their budget or don’t like to mess with new technology and some like the traditional way of work better than the telecommuting. Telecommuting was put into work by the creation of the DSL service which made data to transfer at a higher level. Telecommuting with DSL is nearly 20 times faster than an analog modem. The wireless subscriber base worldwide is expected to reach 1.4 billion this year and approximately 300 milli... Free Essays on Telemarketing Free Essays on Telemarketing Telecommuting Introduction Telecommuting is a wireless technology which enables the businesses to work without employees coming to the office and they can stay wherever they want and finish their work. Telecommuting is the fastest growing field of business in recent years, mainly the cellular and personal communications industry. The explosion of telecommuting industry had spread very rapidly connecting the both of the highly industrial areas as well as the third world countries. Telecommuting made the life much more easier because its ability of doing the work outside of office which was done traditionally in the office. Telecommuting rapidly changed our way of work because people who traveled to the office every day and spend eight hours behind a desk are being changed into more technologically flexible workers who are no longer in the boundaries of office walls. Current Status Advancement in telecommuting is remarkable because it saves time and increases the productivity. Many companies are adopting this technology because with telecommuting no body needs to be always preparing for the commute and worry about being late. One can go to work simply by tossing on a robe and slippers or holding a cup of coffee and sitting down on his terminal. Telecommuting proved to be a very profitable for few corporations. All they need was the certain amount of investment. But only few companies had made this kind of transformation. Most of companies are afraid to make this transformation because of their budget or don’t like to mess with new technology and some like the traditional way of work better than the telecommuting. Telecommuting was put into work by the creation of the DSL service which made data to transfer at a higher level. Telecommuting with DSL is nearly 20 times faster than an analog modem. The wireless subscriber base worldwide is expected to reach 1.4 billion this year and approximately 300 milli...

Thursday, November 21, 2019

Delectables Corp Essay Example | Topics and Well Written Essays - 1500 words

Delectables Corp - Essay Example Current financial data indicate that Delectables is losing its US market share to its major competitor Prince’s Fare. In this situation, even a mild flaw would severely affect Delectables’ business interests in the US market. The company has a recent history of food safety problems despite the fact that none of them were confirmed. Unsurprisingly, food poising issues (Salmonella poisoning) would damage the market reputation of a food company and hence the Delectables may lose its further business to Prince’s Fare. Although the firm’s newly hired Quality Control Director has suggested comprehensive measures to the upper management to ensure the food safety, his supervisors refused to accept the suggestions arguing that they were too expensive. In addition, workers are indifferent to the new quality control system and are not willing to abide by the instructions given by the QC Director. In order to satisfy their personal financial interests, factory employe es including foremen clear even contaminated products for the market. This practice increases the chances of food safety issues, which in turn would impact the market stature of the organization. In addition, the Georgia plant has poor infrastructural facilities and hence its food products are exposed to contaminants including Salmonella. Once the Delectables’ goodwill is affected by food poisoning issues, the demand for its products would decline in the market and ultimately this situation would hurt the interests of company stakeholders, particularly shareholders. Therefore, I would not sign the quality control form. However, whistle blowing can have some risks too. This practice is likely to contribute to the financial burden of the company which is already challenged by financial shortages. Sometimes, whistle blowing may end up in even winding up of the Delectables’ Georgia plant. As a result, thousands of employees may be laid off. However, it is vital to prioriti ze the interests of the firm’s stockholders. Referring to the stockholder theory which â€Å"supports the notion of the manager of a business being the agent for the stockholders of the company† (as qtd in Dunham-Taylor and Inczuk, 257), it is inevitable to blow the whistle and thereby to add to shareholder values. The risks of blowing whistle would be outweighed by its benefits. Evidently, lack of effective control mechanisms is the root cause of the food safety and quality control problem at Delectables. From the case scenario it is clear that QC Director has designed comprehensive procedures to separate between pure, contaminated, and mildly contaminated food products. However, factory workers are unwilling to follow these procedures and they clear all the batches of products for the market. It is observed that QC Director has little influence on factory workers and therefore he fails to ensure that quality control measures are executed effectively. It is the duty o f the QC Director to make sure that the organization completely complies with the stated quality control guidelines. In addition, the upper management does not pay particular attention to the factory’s product quality; rather it focuses only on financial returns. Currently, the firm’s foremen – who are responsible for clearing the food products for the market – are evaluated and remunerated on the basis of number of finished product boxes per day. Therefore, foremen try to increase the number of product boxes finished a day but not to improve the product quality. In order to address this issue, it is advisable for the management to pay foremen on an hourly or monthly basis. Similarly, the management should promote employee participation using the tools of financial incentives or other strategies in order to change their attitude

Wednesday, November 20, 2019

Electronic Surveillance at Work Essay Example | Topics and Well Written Essays - 1250 words

Electronic Surveillance at Work - Essay Example A section of the report is dedicated to assessing the positive and negative impacts of using the electronic surveillance technique in the public. The positive implications of using the electronic surveillance technique in workplaces are also mentioned. the conclusion is of the report is framed by evaluating the need for the electronic surveillance techniques and assessing how the employer groups can use the system in the most value-adding manner. There may be two types of surveillance that can be employed in an organization. These are covert surveillance and covert surveillance. Electronic surveillance is a common type of overt surveillance used by organizations to monitor the activities and behaviors of employees in the workplace. Electronic surveillance at work refers to the use of different kinds of technological devices like computers, Closed Circuit Televisions (CCTV) systems and other devices for the monitoring, recording, and tracking of the employee activities in their workplaces (Fuchs, Boersma, Alrechtslund and Sandoval, 2012). The electronic surveillance can be employed in real time as well as a record maintaining system. There are a number of electronic surveillance techniques that are used in the contemporary organizations. These include the use of computer and Closed Circuit Television (CCTV) systems and telephone loggings, GPS tracking, mystery shopping, electronic recruitment and drug testing (Foster, 2011). T he developments in the electronic surveillance systems employed in the corporate world include the use of accelerometers in cell phones to monitor the activities of the employees, enterprise-wide computing device applications which are used to compile and monitor the information in the company that are posted by the employees in the social media applications and which are also used by the management of the firm and the facial recognition applications developed by Microsoft Corporation for assessing the mood of the individual.

Monday, November 18, 2019

Problem Identification Essay Example | Topics and Well Written Essays - 500 words

Problem Identification - Essay Example Shortage of health care professionals in hospitals is currently one of the greatest challenges for Hallways hospital management. Hallways hospital has been experiencing the challenge of shortage of nurses for a while now, and the implications seem to be affecting the organization severely. The main contributing factor towards the shortage of nurses in Hallways hospital has been the poor remuneration for the nurses. Despite having many tasks to perform in terms of providing services to patients, the nurses never get proper remuneration that is equal to the effort they put in their work. With the poor remuneration, a majority of students joining collages prefer to pursue other courses that they believe offer better pay than the health care sector . The shortage of health care professionals in the hospital occurs, despite the health care industry growing at the rate of 2.5% faster than other industries annually (Cowen and Moorhead, 2011). The shortage of health care professionals has had severe implications for the hospital. First, with the few numbers of nurses, there is the aspect of overworking the nurses, making them fatigued. This has in turn contributed to poor service delivery to patients, which has in turn affected the hospital’s reputation (Buerhaus, Straiger and Auerbach, 2009). Secondly, considering that, the shortage of nurses is a problem that cuts across the health care industry, acquiring of the nurses has become a very complicated issue. Acquisition of nurses requires that one is able to offer appropriate remuneration and better working environment with better incentives. Majority of health care professionals require continuous training in order to enable them enhance their skills and knowledge pertaining to the provision of better and most effective health care services (Huston, 2009). This requires that anyone employing the health care professionals provide

Saturday, November 16, 2019

Effect of Globalization on Japanese Fashion

Effect of Globalization on Japanese Fashion Globalization has had a significant effect on fashion choices and trend movements around the globe. This paper discusses the influence of globalization on fashion with the case of Japan, which began to rapidly shift its approach toward fashion in the early 1980s following a rapid economic expansion and resulting increase in personal income. Using a combination of secondary research and interviews collected from Japanese participants, the study discusses Japanese fashion and how it is influenced by, and influences, the rest of the world. The discussion focuses on the initial development of logomania in the 1980s, in which Western high fashion was structured into a social framework divided by gender and class. The discussion then focuses on the development of a counterfeit market for high-fashion goods, in which the logo, rather than the good itself, was found to be important. The influence of fast fashion and the on-going development of street fashion, as opposing trends toward homoge neity and individuality, are then discussed as modern evidence of glocalization or hybridity, representing a localized fashion response to global conditions. Introduction Fashion can be defined as clothing and accessories that represent a cyclical reflection of social, cultural, and environmental characteristics that are unique to a certain point of time in a particular geographical setting, in addition to playing a crucial role in complementing ones self-image (Azuma Fernie, 2003, p. 415). However, although fashion was once characterized as a local or regional phenomenon, it is now in many ways a global phenomenon. Changes in manufacturing, production, and supply chain management, combined with a growth in prestige of some fashion brands based on aristocratic or exclusive social positioning, has resulted in increasingly homogenized global fashion. This has not been unopposed, with hybridity processes creating local fashions in order to meet the needs of the given geographical setting and culture and the development of a rapidly growing counterfeit market for luxury brands producing counterflows in global fashion trends. This type of interaction betw een local and global fashion is part of a generalized process known as glocalization (Chang, 2004). Japan is one of the most visible and one of the most vibrant places of development glocalized fashion under conditions of economic globalization. Prior to 1980, Japanese fashion was conservative and dominated by American quantity or value-driven trends. However, this would change rapidly in the 1980s. Beginning with a rapid upward shift in economic production efficiency and a resulting gain in personal income in the early 1980s, Japan has become increasingly accepting of Western (particularly European) fashion brands. The influence of fast fashion and other global movements has further increased the adoption of Western fashion styles and attitudes. However, this has not been a simple process of homogenization. Instead, hybridity has resulted in modifications of these styles as well as assignment of specific meaning to international designers, styles and fashions. At the most extreme, Japanese street fashion meshes global and local fashion trends and styles in an individualist manner, allowing Japanese youth to express creativity in an otherwise restrictive society. Aims and Objectives The aim of this research is to describe in a historical and current context the effect of globalization on Japanese fashion from the 1980s to today. The objectives of the research include: To locate fashion in a theory of globalization that accounts for interaction between local and global trends and conditions. To determine the overall effects of globalization on fashion, including both positive and negative effects. To apply this theory to the case of Japanese historical and current fashion from 1980 to today in order to show the evolving interaction between global and local trends and resulting the development of a series of unique fashion movements. Research Approaches There were two main approaches used in this research. The first approach was secondary research, in which existing sources of information on globalization and fashion, particularly globalization and fashion in Japan, were found and were analysed. The goal of this portion of the analysis was to provide a historical, political, and philosophical framework for understanding the influence of globalization on Japanese fashion. The majority of the research lies in this historical and contextual understanding of the topic. The second part of the research was a primary research project that used interviews from Japanese fashion consumers and Japanese fashion retailer UNIQLO to demonstrate the current and historical influence of globalization on fashion. This part of the research is meant to reflect the current state of Japanese fashion and how the preferences of individual consumers play into the process of globalization and hybridity that results in Japanese fashion. The UNIQLO brand, a Jap anese fashion brand that has been taken internationally, is used as an example of the ways in which Japanese culture has influenced and been influenced by on-going and recent globalized fashion trends. Literature Review The literature review focuses on the existing knowledge about globalization, defining the concept and discussing its use in the literature regarding fashions development in Japan. The literature review first discusses globalization in general, defining the concept and identifying its progress in Japan. It then discusses globalization and fashion, followed by a focus on fashion trends in Japan. The key point of this section is that globalization has not imposed Western fashions on an environment that previously had no fashion, but instead resulted in adoption of Western fashions and combination with existing and new Japanese fashions. This process of hybridity has resulted in a uniquely Japanese set of fashion trends and styles that meet the cultural, political, and economic conditions in which they are placed. However, this process of hybridity has increasingly happened in street fashion, rather than in high fashion or mainstream fashion, because of the homogenizing influence of glob alization on fashion production and fast fashion. Globalization Globalization in its most technical form refers to the lowering of economic and trade barriers between nations, which results in increasing international trade as well as reducing costs through allowing for resource use efficiency (Stiglitz, 2002). Under this model of globalization, the main focus is on economic gain, including the promise of poverty reduction or elimination and other significant social and economic gains (Stiglitz, 2002). Of course, this promise of economic improvement through globalization is not fully delivered on; many countries, particularly developing countries, have actually had losses in their positions through globalization, particularly forced economic globalization (Stiglitz, 2002). However, other countries have had significant gains. One of the countries that have demonstrated significant economic gains from globalization is Japan (Itoh, 2000). The Japanese economic ministers and others resisted globalization as an economic process due to the mentality of sakoku, which positioned Japan as an isolated and self-sufficient island nation (Itoh, 2000). By the early 1980s global production of goods such as automobiles had begun to position Japan as a significant and innovative industrial country (Itoh, 2000). The 1980s were a period of aggressive income growth in Japan as it led the development of modern manufacturing and supply chain practices around the globe (Itoh, 2000). This period resulted in a significant increase in global fashion consumption (Chang, 2004). Along with the development of economic globalization is the development of cultural globalization, in which elements of cultures are brought together through a variety of mechanisms, including imports and increasing taste for imports, increasing availability of information, and increasing immigration (Appadurai, 2003). Under these conditions, the culture of a given place, as well as its economy, is globalized to a certain degree (Appadurai, 2003). However, it would be incorrect to think of this cultural globalization as promoting a uniform and homogeneous global culture; although there are elements of homogeneity promoted by the prevalence of imports and the development of global production management such as supply chain management, each of these elements is combined in a unique way with the existing culture in a process known as hybridity (Appadurai, 2003). In Japan, the process of globalization has been a process of gradual realignment from the American centred cultural hybridity model from the post-war period to the 1970s, through a period of adjustment in which European models of culture were valued, and toward an increasing focus on Asian cultures (Iwabuchi, 2002). The increasing focus on Asia acknowledges both the growing power of the region (particularly China and South Korea) as well as the increasing confidence of Japan itself on the world stage (Iwabuchi, 2002). Globalization and Fashion It is commonplace to think of fashion as a general phenomenon as something that has spread from the West to the East through the process of globalization. However, this view is both inconsistent with the facts and dependent on an orientalist viewpoint. One of the hallmarks of Orientalism, according to Said (1979), is thinking of the East as static, unchanging, and even stagnant. Thus, the clothing styles that are seen in the East, under an Orientalist viewpoint, would have been the clothing styles that were always there, or would have changed only very slowly and in response to outside influences (Said, 1979). However, research shows that this is not true in fact, Japan, along with China and India, have historically undergone patterns of change in clothing styles that are consistent with the Western understanding of fashion (Belfanti, 2008). In particular, clothing styles changed rapidly at times of good economic development, and acted as a signal of consumption based status (Belfan ti, 2008). As in the West, fashions in Japan, India and China frequently challenged the traditional hierarchies of appearance, usually regulated by canons of a prescriptive nature (Belfanti, 2008, p. 419), resulting in permanent changes in the traditional clothing styles as well as in non-traditional fashions. As Belfanti (2008) points out, fashion did not develop as fully in the East as it did in the West, but it did form a significant social change force as well as changing modes of consumption. Thus, the starting point for this analysis will be to assume that fashion existed previously in Japan, and that this fashion was challenged by fashion from the West, rather than presuming that fashion originated in the West entirely. One of the recent responses of fashion to globalization has been the development of fast fashion. Fast fashion is seen as an evolutionary response to the demands of globalization and increasing neophilia and demand for refreshment of fashion responses (Bhardwaj Fairhurst, 2010). It has come into being over the past twenty years, as fashion has shifted from mass production of longer-wearing goods (such as Levis) to fashion seasons, which were driven by runway shows and refreshment of materials, designs, and other elements of fashion (Bhardwaj Fairhurst, 2010). However, an acceleration of marketing factors such as low predictability, high impulse purchase, shorter life cycle, and high volatility of market demand (Bhardwaj Fairhurst, 2010, p. 168) has likewise speeded up the development of fashion cycles, with designers and fashion sources speeding up in order to compete on time to market (Bhardwaj Fairhurst, 2010). Rather than being based on attempting to predict future fashion tre nds, as fashion seasons (as exemplified by runway shows), fast fashion has a cycle of only a few weeks from production to distribution, allowing retailers to respond immediately to upcoming trends (Bhardwaj Fairhurst, 2010). From a supplier point of view, fast fashion is enabled by intensive supply chain management and strong buyer-supplier relationships, which enable the suppliers to immediately respond to changes (or to initiate them). From a consumer point of view, fast fashion fulfils the demand for constant refreshment of the wardrobe while at the same time meeting immediate demand for runway looks and other trends (Bhardwaj Fairhurst, 2010). Fas fashion does not have equal appeal for all consumers; younger consumers, who have a greater taste for newer and wider ranges of fashion, are willing to sacrifice the quality aspect of clothing in order to gain access to more items of fast fashion, while older consumers tend to value quality (and have larger clothing budgets), thus re ducing much of its appeal (Bhardwaj Fairhurst, 2010). However, overall, fast fashion has been an enormous globalizing influence, especially through chains such as HM, which have spread worldwide. Globalized fashion has many advantages (even in non-fast fashion segments) over traditional fashion, including the cost and standardization advantages promoted by production at larger scales (Azuma Fernie, 2003). However, this globalization of fashion also has certain negative effects that can be seen in terms of fashions fulfilment of a social role of meeting a specific psychological and/or cultural need of a given place (Azuma Fernie, 2003). Fashion can be understood at several levels, according to Azuma and Fernie (2003). It can be a pure aesthetic art form; a social or cultural code that communicates social identity, social class, self-image, and climate (Azuma Fernie, 2003, p. 415); and an expression of political, social, and technological conditions within a given culture. Under this definition, the role of the fashion designer is to interpret the conditions in the specific time and place, creating clothing that exemplifies the mood of a given location and group as well as i ts technical needs for clothing (Azuma Fernie, 2003). According to Azuma and Fernie (2003), the demands of modern clothing production, including time to market and economies of scale, have resulted in a homogenization of design, which no longer allow designers to interpret this mood for a given place. Instead, a generalized interpretation is offered that reflects the decisions of other designers as much as it does the cultural, economic, or even climatic concerns of a given locale (Azuma Fernie, 2003). This is one of the most far-reaching negative effects of fashion globalization. Fashion in Japan Globalization has had an accelerating influence on the street fashions of Japan, although it has also been resisted in uniquely Japanese ways. During the 1980s and 1990s, a trend for high fashion, particularly fashion exemplified by superlogos like Louis Vuitton, became dominant. However, there has been resistance to this movement as well, which has reintegrated understanding of the Japanese cultural context into the development of fashion, helping to resist fast fashion and its homogenizing effects. One of the driving factors in Japanese fashion is a desire for individuality and uniqueness, which affects the choice of goods (Knight Kim, 2007). There are three main elements to Japanese uniqueness seeking, including selection of unpopular and creative choices and avoidance of similarity to other goods (Knight Kim, 2007). However, the rate at which consumers choose unique goods is negatively associated with perceived quality that is, an increased perception of quality will reduce th e demand for individuality. Gender relations are also one of the significant factors in development of globalized fashion. A comparison of two gender-specific magazines, non-no and Mens non-no, shows that both magazines demonstrated the effects of fashion globalization (Darling-Wolf, 2006). However, at the same time, the magazines imposed specific gender expectation roles that expressed both globalized and localized expectations of gender relationships and norms (Darling-Wolf, 2006). This can also be expanded to class expectations, as beginning in the 1980s there were significant divisions of fashion based on class and the ability of individual consumers to take part in the European luxury superbrand trend (Chang, 2004). A discussion of two street fashion trends, Japanese hip hop and lolita, contrasted with discussion of superlogo-driven high fashion trends, demonstrate the conflict between globalized trends and local fashions, the gender and class definitions of fashion and fashionable positions, the drive toward individuality, and in particular the importance of the Japanese teenager in setting and changing fashion in the Japanese market. Logos and Superlogos One effect of globalization on fashion is the explosion of counterfeit fashion goods (Chang, 2004). Chang characterizes this explosion as fake globalization (Chang, 2004, p. 222), or dark globalization, in which the legitimate flows of capital and culture across borders are shadowed by a flow of faked goods. In effect, the counterfeit fashion goods market represents a fetishization of the logo associated with the brand, rather than the quality or other elements of the good itself (Chang, 2004). This discussion provides insight into the development of Japanese adoption of Western fashion during the 1980s and 1990s. Changs discussion focused on the effect of superlogos, or high-fashion brands such as Chanel and Louis Vuitton, tracing the growth in fake products to the Japanese period of logomania in the 1980s. During this period, explosive growth of the Japanese economy led to one of the highest per-capita incomes in the world (Chang, 2004). It also led to a shift in consumption patterns, with the previous consumption patterns set by American occupiers (an American mode of consumption, focused on quantity of goods) shifting to a European, quality-based consumption model (Chang, 2004). During this period the brand logos integrated into clothing and other items became increasingly important, as they were indicative of consumption power (Chang, 2004). The growth of this superlogo trend was exemplified in classifications by gender and class. For example, the fashion elements and structures chosen by single female office workers (nicknamed Miss Hanakos, after the fashion magazine Hanako) who expresse d a particular aesthetic of aristocratic dress and choice of fashion and brands. Miss Hanakos created their own consumer identities with their extraordinary ability to buy, and European superlogos such as LV, Chanel, Tiffany, Hermes became the symbols of their postmodern consumer identities (such as Miss Chanel as a somewhat denigrated nickname for the office ladies who wear Chanel commodities from head to toe). (Chang, 2004, p. 226) This fashion trend grew from several roots in addition to a rapid increase in personal income. The first mechanism was a nostalgic trend, stemming from the first developments of European fashion in Japan following the Meiji Restoration at the beginning of the 20th century, and the cultural exchange that occurred during this period (Chang, 2004). The second mechanism was recognition of the Louis Vuitton logo, in particular, as exemplifying the French-Japanese artistic style of the late 19th century, which Chang (2004) linked to a history of imperialism and the psychological effects from this historical condition. The third mechanism by which this became popular was the successful distancing of the reality of mass production of these superlogo goods from the image of Old World craftsmanship and artisanship, which allowed for the maintenance of an image of exclusivity even in cases where the goods were flooded into the market (Chang, 2004). The only way in which this image could be main tained was through strict control of the brand and its manufacturing; for example, through creation of limited edition products, which encouraged the development of first a black market in the real products and then development of counterfeit products showing the same characteristics (Chang, 2004). However, this counterfeiting has moved beyond the simple mimicry that most traditional theories of fake products rest on; instead, the counterfeit of superlogo products mimics the logo, but often place this logo on new products (Chang, 2004). Chang (2004) terms this fake dissemination, after deconstructionist Jacques Derrida and postcolonial critic Homi K. Bhabhas appropriations, which stresses the repetitiveness and proliferation of supplement and difference that have already existed within totality, and whose existence testifies to the impossibility of totality and unity (Chang, 2004, p. 231). Thus, the growth of fake or counterfeit fashion products represents not just mimicry of Wester n fashion, but the growth of a unique counterflow of fashion that stems from, but is not beholden to, the phenomenon of superlogo mania (Chang, 2004). Of particular significance is the notion of complicity; although some counterfeit goods are sold as legitimate superlogo products, many if not most are sold with the tacit or explicit acknowledgement by both sellers and buyers that the goods are fake (Chang, 2004). This indicates that in many segments of fashion, the logo itself has become the signifier rather than the specific characteristics with which it is associated. Street Fashion and Youth Japanese street fashion, driven by consumer youth, is not determined by specific corporate norms, but is instead assembled by the individual from a selection of sources (Kawamura, 2006). However, while corporate models do not direct these trends, they do drive more mainstream fashion expressions and act as promoters of Japanese fashion hybridity (Kawamura, 2006). There are countless expressions of Japanese youth street fashion, and it is not possible to examine them all here. However, Japanese hip-hop began as a musical and fashion trend in the 1980s (Condry, 2002). According to Condry (2002) Japanese hip hop fashion is superficially very similar to the American version where it has its roots. This similarity includes linked trends in clothing styles and designers (such as Nike) as well as similarity in graffiti styles and slang (Condry, 2002). However, Japanese hip hop is also the site of considerable hybridity, or the combination of globalized influences and Japanese cultural influences to create a unique, hybrid form of fashion and culture (Condry, 2002). For example, he notes that in a post-New Year celebration in one of Tokyos largest all-night hip hop clubs, Kitchens, traditional New Years greetings were exchanged between party-goers (Condry, 2002). The appeal of hip-hop style and culture for Japanese youth is characterized as a message that youth need to speak out for themselves (Condry, 2002, p. 377). That is, hip-hop style supports the search of Japanese youth for individuality in a highly constrained and collectivist culture (Condry, 2002). Another expression of street culture is lolita culture, which is an extreme form of cute fashion in which young women (and more rarely, young men) dress in highly ornate, Victorian-inspired dresses and outfits (Yano, 2009). Yano (2009, p. 681), describes a typical pair of lolita wearers: shocking pink hair adorned with multiple pink barrettes, fuzzy pink kitten earmuffs, pink baby doll dresses, mismatched pink knee-high socks, and pink laced shoes. Around one womans neck hangs that icon of cute: Sanrio Companys flagship character since 1974, Hello Kitty. Among the barrettes in the other womans hair is, again, Kitty (Yano, 2009, p. 681). This expression of fashion is not driven directly from influence from the outside; instead, it is informed by Victorian fashion influences (as evidenced by the initial contact during the Meiji period) as well as a trend toward kawaii (or aggressive cuteness) that is also demonstrated by women in professional clothing and positions (Yano, 2009). While Japanese hip-hop is a hybrid phenomenon that is superficially Western, the lolita street fashion is primarily Japanese. However, neither of these fashions has been adopted in mainstream Japanese culture. Interviews and Media The second part of this research consisted of conducting interviews with Japanese consumers about their experience of fashion and analysing trends as demonstrated by Japanese fashion retailer UNIQLO. This primary research approach was intended to support the formation of understanding of how globalization influences fashion in Japan today from the point of view of the media and the individual consumer. The three approaches chosen have included qualitative surveys with consumers and analysis of the UNIQLO clothing line, one of the most successful Japanese clothing brands. Surveys The first source of primary information about Japanese fashion was quantitative surveys completed by three participants. A survey was used to ease involvement requirements for participants and to allow for a widespread set of participants. The participants are identified as follows (names have been changed): Kenada, a (30-40 years old) employed man Noriko, a (30-40 years old) unemployed woman Jun, a male (25-30 years old) student These three participants are asked questions about their own fashion styles and trends, and discussed how they viewed fashion, including Japanese and European fashions. The questions that the respondents answered are included in the Appendix. (This survey was translated to Japanese for ease of response, and responses were translated back into English.) In terms of personal style, there were five questions. The older respondents (Kenada and Noriko) indicated that they followed fashion trends all the time, while the youngest respondent (Jun) indicated that he followed his own style. In describing their fashion styles, the respondents said: I prefer a simple style with focus on one key garment. Noriko I am not committed to any particular style; I just dont like to stand out too much. Kenada These responses indicated a relatively simple style for both of the older respondents. Jun did not provide a brief description of his clothing style. Opinions regarding price varied from respondent to respondent, ranging from price not mattering at all to price being a primary concern when shopping. None of the respondents preferred Japanese brands, and one expressed a preference for Western fashion brands. The other two respondents indicated that whether a fashion brand was Japanese or Western did not matter. The next set of questions focused on the perception of European or Western brands in the Japanese market. Favourite brands identified included Dolce and Gabbana (Noriko) and Paul Smith (Kenada). One question asked about the reaction to the rising number of foreign brands on the Japanese market. Respondents stated: We want to avoid mass marketing because it is boring (they make the fashion market more varied). Jun People appreciate variety and lower prices. Noriko Respondents were asked how foreign brands were viewed in Japan. One respondent indicated that the foreign brand was considered luxurious, while another respondent indicated that foreign brands were considered to be beautiful, good design, functional. Overall, the respondents indicated that foreign brands were highly valued, but were not uniquely positioned because of their Western nature. The next set of questions asked about the relationship between Japanese and Western brands in the Japanese market. One question asked whether foreign fashion brands were leading to the loss of the Japanese markets fashion identity. Noriko stated that No, [I dont believe that this is the case.] One example is UNIQLO, which is original and still successful. Jun said, No, its more a reversed situation Japanese people forced the Japanese market to change. A second question asked whether the respondent would like to see more foreign brands on the market. Two respondents simply said, Yes. However, Kenada said, Yes, but I think achieving success on the Japanese market takes time, as the country is still very conservative. When asked why there are not as many Japanese brands on the European market, respondents had two specific critiques of Japanese fashion. Noriko said, Because Japan tried to catch up with Europe and European fashion is well established in the world (especially France). Jun stated that be believed that this was due to bad design and lack of appropriate marketing. Of course, one example of a successful Japanese brand in the European market is UNIQLO, as noted below; Noriko, who noted it as an example of the Japanese fashion market, also notes this. Respondents were asked why UNIQLO was so successful. Respondent indicated that reasons for their success included Pricing and store design (Noriko) and collaborations with different talented artists and designers (Kenada). Finally, respondents were asked what the main differences between Japanese and European brands were. One respondent indicated that they believed that Japanese brands focus on functionality, while western brands focus on des ign more (Jun). However, another respondent was clear that the main difference between brands was simply Pricing (Kenada). The responses generally supported the understanding of Japanese fashion as a unique integration and interplay of Japanese and European fashions and designers. There was generally a slight preference for European fashion lines expressed, based on the perception that European fashions are better made or better designed. However, at least one respondent clearly indicates that the main difference between European and Japanese fashion is the price, which indicates that there is convergence between the European and Japanese fashions. Most importantly, there is evidence of hybridity and modification of European designs based on the demands of Japanese fashion, in particular the development of European accommodations to the Japanese market. In some ways, however, the respondents seem to view the Japanese fashion designers as still based in the older, American quantity-based paradigm with lower quality and a focus on functional design instead of higher fashion design. This indicates that whil e Japanese fashion designers may have implemented fast fashion production techniques, there may not be the growth in high-fashion influence in the designs promoted. One important factor in this case is the difference between older and younger respondents in terms of how closely they follow fashion. The two older respondents indicated that they followed fashion closely, while the younger respondent indicated that he dressed to suit his own style. This difference could be a representation of the moving away from the logomania period in the 1990s and the growth of youth street fashion, which has allowed Japanese youth to combine and remix styles in order to express an individual style. The research did not explore this topic in detail, and respondents did not explain their style in detail enough to determine whether this was the case. Overall, these responses showed the current state of Japanese fashion clearly is a response to globalization, but it is not a wholly integrative or mimicking response. This is encapsulated in several of the responses, including responses that indicate that European fashion has changed based on the demands of the Japanese market. It is also clear that the Japanese consumers in the study did not see themselves as part of an undifferentiated social group; instead, respondents had a number of different viewpoints on fashion and different views on European and Japanese fashion. The findings of this survey are clearly limited, and they essentially represent a small-scale qualitative discussion of h

Wednesday, November 13, 2019

Physics of Neurons Essay -- physics neuron

The human nervous system is divided into two parts, the central nervous system and the peripheral nervous system. The central nervous system, CNS, is just the brain and spinal cord. The peripheral nervous system, PNS, includes the nerves and neurons that extend outwards from CNS, to transmit information to your limbs and organs for example. Communication between your cells is extremely important, neurons are the messengers that relay information to and from your brain. Nerve cells generate electrical signals to transmit information. Neurons are not necessarily intrinsically great electrical conductors, however, they have evolved specialized mechanisms for propagating signals based on the flow of ions across their membranes. In their inactive state neurons have a negative potential, called the resting membrane potential. Action potentials changes the transmembrane potential from negative to positive. Action potentials are carried along axons, and are the basis for "information transportation" from one cell in the nervous system to another. Other types of electrical signals are possible, but we'll focus on action potentials. These electrical signals arise from ion fluxes produced by nerve cell membranes that are selectively permeable to different ions. Neurons and glia (cells that support neurons) are specialized cells for electrical signaling over long distances. Understanding neuronal structure is important for understanding neuronal function. The number of synaptic inputs recieved by each nerve cell in our (human) nervous system varies from 1-100,000! This wide range reflects the fundamental purpose of nerve cells, to integrate info from other neurons. Cellular organization of neurons resembles that of other ce... ...ive current flow. Another way to improve the passive flow is to insulate the axonal membrane with myelin. This reduces the amount of current that would otherwise leak out of the axon and increases the distance that the current can flow passively. Myelination, aka axon insulation, increases action potential conduction up to 150m/s compared to 0.5-10m/s conduction velocities of unmyelnated axons! Speedy delivery of current (information) along axons is also due to the nodes of Ranvier. Nodes of Ranvier are gaps between insulated portions of the axon. The gaps create a place where the current can flow out of the axon so an action potential can be generated. Action potentials are started at one end of the node, flow passively through the myelinated axon, and pop out the other side to jump to the next node. This jumping of action potentials is called saltatory.

Monday, November 11, 2019

Leading Marines Essay

As we know leading Marines is the most important part of the Marine Corp. There are eleven leadership principles, and fourteen leadership traits a great leader demonstrates. These traits &principles help you suppress the leaders that came before us. Everyone has their own style of leadership though. Great leaders must embrace the ethos; Respect and follow the foundations. Accept the challenges he or she will face ahead. A Marine lives by his or her ethos. It’s what makes us a different breed. We are bred to better than the rest. Ethos consists of being a rifleman, carrying on traditions, and does what it takes to get the mission accomplished. Henry Hank Elrod demonstrated prime ethos during the Chosin Reservoir. Elrod lead a platoon in heroic defense for fifteen days. His platoon also demonstrated good ethos for showing the willingness to obey, and determined to follow orders. Also they upheld pride and confidence at all times during the rough times. Leading by these ethos isn’t about the rank you wear, but what’s in your heart. Leaders have to set the example by respecting and following the foundations of the Corp. These foundations are unique. It is putting forth the everyday principles we learned in boot camp, living by a higher standard than everybody else. A good leader is always learning, and uses ethical decision making. Leaders must have respect of their followers, or their words are meaningless. Followship is just as important as the leadership, to have followers as leader a Corporal once said it best,† Strive to create discipline in yourself and your Marines. † Marine leaders go through some of the toughest challenges, whether in combat or garrison. These challenges include: Physical, Mental, and Moral. The biggest type of challenge a leader can face is friction between Marines. Keeping everybody happy is virtually impossible, but as a leader you must try. A physical challenge is keeping combat ready and or not letting body get out of standards. â€Å"Guts and pride cannot replace physical fitness. † Mental challenges as a leader is a huge part in developing to even better leader. Making the right mental decisions can keep your Marines out harm’s way. The moral challenge is the one where a leader has to look within to see the answer. Keeping up with moral is defined by little moments that reflect a leader’s standards. In all being a Marine Corps’ leader is the most sought after, and respected job. A great leader keeps up with his or her ethos, foundations, and is up to the challenges. In the end it’s all about the relationship and the bond which cannot be broken. Leaders teach from history. Just remember the traits and principles that were set fort; â€Å"Marines are not born knowing them, but must learn what they are, and what they represent. †

Friday, November 8, 2019

Behavioral Cognitive Theories essays

Behavioral Cognitive Theories essays There were several predominant theorists in the cognitive behavioral meta-theory. Each theorist came to their conclusions, were received, and added to therapeutic skills in different ways. Their biographical history allows for a better understanding of how they came upon their conclusions. Their theories add to the understanding of human nature. Their critics expose flaws or oversights in the theories. The techniques used in the action stage of therapy today all have some historical roots in these theories and the theories of others. The overall goal being to focus on making changes in behaviors, thoughts, and feelings while continuing to explore feelings and examine values, priorities, barriers. Behaviorism began when Ivan Pavlovs dogs began to salivate upon hearing the sounds of food being prepared. Unfortunately this phenomenon ruined his saliva measuring experiment but it contributed the theory of classical conditioning. The theory is that when an unconditioned stimulus is paired with a neutral stimulus many times a conditioned stimulus and conditioned response will result. The unconditioned stimulus (US) in Pavlovs experiment was the food, which caused the dogs to salivate. The unconditioned stimulus normally elicits this reaction. The neutral stimulus, something that does not normally elicit the same reaction as the unconditioned stimulus, was a tone or bell. When the two were presented together the conditioned stimulus or learned stimulus became the tone and the learned behavior or conditioned response was to salivate. John B. Watson (1878 1958) expanded Pavlovs theory into the behaviorism. Due to his contribution he became know as the Father of American Behaviorism. He described behaviorism as the study of overt rather than covert behavior. His emphasis was on objectivity instead of extrospection. This concept was drastically different then the psychoanalytical theory of the time...

Wednesday, November 6, 2019

Incorporating Risk and Uncertainty Factor in Capital Investment Projects.

Incorporating Risk and Uncertainty Factor in Capital Investment Projects. Free Online Research Papers Introduction Even though risk has many meanings, in financial sector it has a more definite and distinctive meaning. It actually refers to the situations referring to the decisions made based on certain calculations of many probabilities that certain outcome can actually materialise or when probabilities based on previous information and when we actually know statistical frequency which are known to us. In order for any investment to be meaningful a representation of how much is the risk has to be represented. Only then the cash flows of an investment will differ from what is expected in terms of money and time. Risk can be called a certain degree of uncertainty. Capital Investment Appraisal plays a huge role in the long-term successful performance of an organization. It influences strategic financial decisions dealing with past and future investments. The required rate of return has to be adjusted to provide for the additional risk involved or an adjustment should be in regard to the relevant cash flows. Various techniques used to evaluate investment opportunities are Internal Rate of Return (IRR), Present Value Payback (PVP), Accounting Rate of Return (ARR), the Profitability Index (PI) and Net Present Value (NPV). Handling risk can be considered as a complex task having major influence in fluctuating exchange rates, technology changes and unpredictability of the competition. Risk handling methods can be classified as simple risk adjustment and risk analysis. Risk analysis can be defined as a technique which identifies and assess the factors that may jeopardize the success of a project. It also helps to define preventive measures to reduce the probability of these factors from occurring and identify countermeasures to successfully deal with these constraints when they develop to avert possible negative effects on the competitiveness of the company. These include sensitivity analysis, probability analysis, scenario analysis, decision-tree analysis, Monte Carlo simulation, option pricing and capital asset pricing model (CAPM) approaches, etc. Simple risk adjustment methods have got assumptions that cannot be clearly understood and could lead decision makers to accept decisions against their original intentions even though they are simple to use. Use of risk analysis provides a systematic and logical approach to investment decision making, helps communication within the organization, and allows managerial judgment to be presented in a meaningful way. Risk analysis approach can provide useful insights into an investment project, can improves decision quality and can increases decision confidence. Sensitivity Analysis It is used in order to improve the accuracy and reliability of the cash flows. It requires the examination of the sensitivity of some variable to changes in another variable. The primary purpose of sensitivity analysis is not to quantify risk, but to establish how sensitive the NPV and the IRR are to changes in the values of key variables in the evaluation of investment projects. Its main objective is to identify the factors of uncertainty that has got impacts on a future projects return. It deals with a lot of is sampling-based analysis. A good sensitivity analysis should conduct analyses over the full range of plausible values of key parameters and their interactions, to assess how impacts change in response to changes in key parameters. Sensitivity Analysis methods should be able to: (a) Deal with a model regardless of assumptions about a Model’s linearity and additively; (b) Consider interaction effects among model input Uncertainties. (c) Cope with differences in the scale and shape of model inputs. (d) Should cope with spatial and temporal model input. (e) Evaluate the effect of an input while all other inputs are allowed to vary as well. A sampling-based sensitivity is one in which the model which is executed again and again for combinations of values sampled from the distribution of various input factors. How it’s done The most common sensitivity analysis is based on sampling. It is based on the model which is executed repeatedly for combinations of values sampled from the distribution (assumed known) of the input factors. Sampling based methods can also be used to decompose the variance of the model output. Sensitivity Analysis is performed jointly by executing the model repeatedly for combination of factor values sampled with some probability distribution. The following steps can be listed: a) Specify the target function and select the input of interest b) Assign a probability density function to the selected factors c) Generate a matrix of inputs with that distribution(s) through an appropriate design d) Evaluate the model and compute the distribution of the target function e) Select a method for assessing the influence or relative importance of each input factor on the target function. Advantages The main advantage is good compaction or aggregation of the information; Sensitivity analysis helps in identifying critical assumptions or in comparing alternative model structures. It also guide future data collections as well as detects important data criteria and optimises the tolerance of the manufactured products in terms of uncertainty parameters and optimises resource allocation thereby resulting in model simplification. Disadvantages The main disadvantages that sometimes arise are that the variables are often interdependent, which makes examining them each individually unrealistic, e.g.: changing one factor such as sales volume, will most likely affect other factors such as the selling price. And quite Often the assumptions upon which the analysis is based are made by using past experience/data which may not work out efficiently in the future. Assigning a maximum and minimum (or optimistic and pessimistic) value is open to subjective interpretation. For instance an individual’s optimistic forecast may be more conservative than that of another person performing a different part of the analysis. This sort of subjectivity can adversely affect the accuracy and overall objectivity of the analysis. Scenario analysis Scenario analysis is termed as a process of analyzing possible future events by considering alternative possible outcomes (scenarios). It is designed to allow improved decision-making by allowing more complete consideration of outcomes and their implications. It can be called as the process of estimating the expected value of a portfolio over a period of time, assuming specific changes in the values of the portfolios securities or key factors that would affect security values, such as changes in the interest rate. How it’s done It is commonly done by determining what the standard deviation of daily or monthly security returns are and then calculating what value would be expected for the portfolio if each security generated returns two or three standard deviations above and below the average return. By this way, we can have reasonable certainty that the value of a portfolio is unlikely to fall below (or rise above) a specific value during a given time period. Advantages Scenario analysis can take us from focusing on what is certain to happen to explore the range of what could happen. By defining scenarios, people have the opportunity to think about possibilities rather than what they expect to happen. This can stimulate creative ideas and solutions to the issues that arise from alternative futures. Disadvantages Oversimplification – Scenarios can tend to oversimplify an issue as the analysis must balance detail with available time and resources. Participant interaction and influence on content – The process of defining and assessing scenarios can raise sensitive issues for many participants, especially when they are from diverse backgrounds and organizations. Computer simulation Computer simulation allows the evaluation of the impact of changes in several variables simultaneously. Computer simulations can provide a lifetime of experience in a matter of seconds. Simulation has been one of prime methods used as a decision support tool in industry. Simulation is a very highly cost-effective method of testing new processes without having to carry out actual experiments. This can save enormous amounts of money, which would otherwise be spent on pilot programs, yet can produce better results much faster. One of the most popular Simulation models is the Monte Carlo simulation model. Monte Carlo simulation is a versatile method for analyzing the behaviour of some activity, plan or process that involves uncertainty. Most business activities, plans and processes are too complex for an analytical solution so they rely on repeated random sampling to compute their results. Simulation should be used when it is expensive and/or dangerous to run the real systems. How it’s done The basic steps involved are: Define the process / problem Collection of Data on various events occurring in the process. Build Computer models Repeating independent events occurring in the process, the way they would occur in real processes. The computer model uses the observed probability distribution function of each event to do so. It gives the user the flexibility to control events and parameters of the process the way he desires. Run the simulation models through several recursions with a combination of real life variability generated by the computer, and controllable factors set by the user. Observe the results and their variation and document them. Make inferences and decisions based on the results of simulation. Advantages Gain better understanding of working of a system Identify problems prior to implementation Test the potential effects of changes Identify areas for resource deployment Design efficient and cost-effective systems Can maintain better control over experimental conditions than real system Can evaluate system on slower or faster time scale than real system Disadvantages Difficulty in estimating error. May be very expensive and time consuming to build simulation Easy to misuse simulation by â€Å"stretching† it beyond the limits of credibility Problem especially apparent when using commercial simulation packages due to ease of use and lack of familiarity with underlying assumptions and restrictions Slick graphics, animation, tables, etc. may tempt user to assign unwarranted credibility to output Monte Carlo simulation usually requires several runs at given input values Contrast: analytical solution provides exact values Research Papers on Incorporating Risk and Uncertainty Factor in Capital Investment Projects.The Project Managment Office SystemResearch Process Part OneAnalysis of Ebay Expanding into AsiaAnalysis Of A Cosmetics AdvertisementOpen Architechture a white paperRiordan Manufacturing Production PlanMoral and Ethical Issues in Hiring New EmployeesPETSTEL analysis of IndiaCapital PunishmentInfluences of Socio-Economic Status of Married Males

Monday, November 4, 2019

Human Resources in South Korea Essay Example | Topics and Well Written Essays - 1000 words

Human Resources in South Korea - Essay Example (Zimmermann and Sparrow, 2008) To start, operate and close a business is well protected by South Korea's regulatory environment. Starting a business takes an average of 17 days compared to the world's average of 43 days. Obtaining a license will take less than the world's average of 19 procedures and 234 days. Closing a business is also easy. (Hesketh and Fleetwood, 2006) The investment climate is increasingly open. The government offers incentives such as cash grants and zero-corporate tax zones; has a one-stop-shop for foreign investments; and assigns an official to facilitate each project. Residents and non-residents may have foreign exchange rate accounts. (Hesketh and Fleetwood, 2006) Trade, fiscal and labour freedoms are relatively weak. Monetary score is hurt by government subsidies of several sectors. Non-tariff barriers are very common. The labour market remains rigid despite the government's effort to enhance market flexibility in recent years. There are burdensome employment regulations that hinder employment opportunities and productivity growth. The non-salary cost of employing a worker is low, but dismissing a redundant employee is costly. The high cost of laying off a worker creates a risk aversion for companies that would otherwise hire more people and grow. Regulations related to the number of work hours are not flexible. (Zimmermann and Sparrow, 2008) The... For outsiders language barriers and tight social or business circles make the Korean labour market difficult to enter. Business relationships have traditionally been built upon personal ties and valuable introductions. The South Korea labour laws are mentioned below: Foreign workers: pursuant to the immigration control act, professional or skilled foreigners can be employed in Korea after being issued with visas; in other particular occupations which include the hospitality and hotel industry (E-7) visa is issued. (Hesketh and Fleetwood, 2006) General procedures: the parties concerned sign an employment contract. A related minister makes a recommendation. The minister of Justice issues a visa issuance certificate. (Hesketh and Fleetwood, 2006) Working standards and welfare: the labour standards act, which stipulates minimum working standards for workers, covers all employees. However, some provisions (relating to employment contracts, restrictions on dismissal, working hours, leave, etc.) are not applied to work places with four workers or less given economic conditions and administrative capacity. (Hesketh and Fleetwood, 2006) Restrictions on dismissal: employers cannot dismiss employees without justifiable causes. If dismissed without justifiable causes, an employee can apply for redress to a labour relations commission. Employers may be subject to punishment for unjustifiable dismissal. If an employer is to dismiss a worker, he or she should meet strict conditions and procedures. First, the employer should have urgent managerial reasons, make every effort to avoid such dismissals, select those to be dismissed by rational and fair standards and sincerely consult with the trade union or workers' representatives in advance. Even when an

Saturday, November 2, 2019

The Development of Organisation Theory Assignment

The Development of Organisation Theory - Assignment Example In most organizations, the leading forces impinging on role performance are social or symbolic rather than economic. Although the social significance of the workgroup to individual workers was first reported in the studies of factory workers, recent research shows that the significance of informal work groups is much greater for individuals in high-status positions than those in low-status positions. Management-level employees are more likely to go through social and geographical mobility, which cuts them off from their parents, their place of birth and their friends. As a result, they are inclined to depend greatly on social relationships established at their workplace (Henderson 1996). To the extent that co-workers have become an important reference group for employees, one would expect them to support one another. Abraham Maslow’s (1950) theory of a hierarchy of human needs suggests needs categorized in the following ascending order; (1) physiological, (2) safety, (3) love, (4) esteem, and (5) self-actualization. Under this theory, the type and level of need for work-group appreciation are influenced by the type and level of which the needs are being satisfied by individuals external to the workplace. However, a certain amount of safety and esteem from one’s colleagues, managers and subordinates are crucial for successful functioning within any organization. For this reason, the major focus of managers should be on creating and maintaining good human relations in the workplace (Luthans 2010). Due to the recent technological progress, there is generally a shortage of significant interaction among culturally diverse employees. There is also a deficiency of affection in a number of the homes of workers. Human relations demand employers develop closer personal relationships in their organizations.Â