Electronic gadgets and items Essay Example for Free

Electronic contraptions and things Essay I have gone to a point in life that numerous individuals have not. I have settled on a firm choice to commit once again myself to seeking after my fantasies. While there are the individuals who accept that with an ounce of karma and a huge amount of constancy anything can be cultivated, I accept that there is no motivation to consume so much vitality and depend on karma. Life is just excessively short and too valuable to be in any way disregarded to karma. After genuine examination and reflection I am persuaded my instructive objectives will be far superior accomplished at Cornell University. My energy for building started at a further developed stage in my life. I recall how I captivated I was by electronic contraptions and things when I was in secondary school. I used to wonder about frameworks showing complex developments, without a thought of the complexities in question. The wide scope of movements they performed under tremendously various conditions as opposed to the simplicity of control showed by the administrator stunned me. I knew this was all building, and I realized it intrigued me. My instinctive nature needed me to investigate increasingly about this field significantly more. Before long, I wound up going to addresses, classes, directing meetings and in any event, scanning for recordings about building and different things about it. It was presumably this that gave me my first musings about electrical and PC designing; I, nonetheless, couldn't understand that my future was traveled toward this path. As the world keeps on advancing and new advancements are presented day by day, the job that electrical and PC building develops too. Knowledge in frameworks is not, at this point a cutting edge innovation advertised by its defenders and doubted by the standard. An ever increasing number of zones of innovation educationâ€from life sciences to engineeringâ€are grasping the principles of the new innovation, making it an inexorably standard idea. Extent of inventiveness and the direction of the development Electrical and PC designing has, affected me to construct a more extensive information base at undergrad level regarding the matters which I have consistently appreciated, from the secondary school levels material science and arithmetic. This is the motivation behind why I believe, I have a decent possibility of finding a counterpart for my longing and characteristic ability in this field. It has been stated, notwithstanding, that craving and regular ability are nothing in the event that they can't be tackled appropriately. So as to outfit these gifts, I solidly accept that taking my major at Cornell would be the most ideal approach to accomplish this. One of the numerous brilliant ideas I have gained from my folks is to take a stab at scholarly greatness while offsetting existence with different exercises and commitments. It is this fine equalization that I feel will be given on the off chance that I am acknowledged in this major at the Cornell University. I firmly feel that so as to arrive at my maximum capacity I should be in a domain that best takes into account my inclinations and objectives. I have gained from my folks two â€Å"laws†: the law of learning and the law of giving. I accept the more you gain proficiency with the more open you become for learning. I am persuaded this University is an incredible fit for â€Å"the law of learning. That is the reason I accept that this move is a significant advance for me. My prosperity and my achievements here will proclaim the start of the satisfaction of my own and expert objectives. It is said that the one thing that no one can ever detract from you is your training and that is the one thing that I plan to pick up for myself as well as for others also. I have gained from my folks the basic significance of the law of giving, and I am both pulled in and focused on this model of network administration, especially that â€Å"students apply aptitudes to impact social change. † Despite the fact that I got flawless evaluations, my regular Instinct is the thing that I esteem the most. Seeing Cornells school of electrical and PC designing, I sense that my advantages and abilities will be best acknowledged and created all through the way. a decent instructor is somebody whos truly made a special effort to draw in an understudy it is remarks and surveys like such from Cornells lofty graduated class which causes me to accept that everybody in such a learning situation would think such a great amount about development of an understudy. This is my explanation behind seeking after this chance to turn out to be a piece of the rich scholastic condition that Cornell University brings to the table. As the world keeps on changing and the working environment turns out to be increasingly testing and serious, it gets basic for anybody searching for a fruitful profession to have the drive to prevail as well as the preparation and ability to do as such. I am not saying that I don't have the preparation and aptitude right now yet I do accept that there is despite everything space for additional. The world is quick turning into a borderless spot. Societies, races, convictions and belief systems are mix together and cooperate as a result of the developing advances in interchanges. So as to prevail in this world, one should have the option to adjust to the different social contrasts just as have the option to keep up a specific feeling of individual character. My previous school didn't have a similar assorted variety that I see condition where social decent variety is advanced. This is the reason I accept that this instructive condition is the ideal spot for me. Not exclusively does this University surpass my desires yet it is likewise appreciates a worldwide notoriety. While I for one accept that â€Å"there is nothing of the sort as a free lunch† and that everything an individual has in life must originate from difficult work and tirelessness, I likewise put stock in good cause. I trust in helping other people who don't have much throughout everyday life. I put stock in helping individuals paying little mind to their country, race or doctrine. I have confidence in being a superior individual so I can best assistance myself as well as other people around me. I accept that this scholarly condition is the best spot for me to transform these convictions into real factors. I am completely mindful of the hugeness of being considered for acknowledgment, and I am truly appreciative for your time and thought of my application.

Regulatory and Accreditation Body in Nursing Education Paper Essay

Administrative and Accreditation Body in Nursing Education Paper - Essay Example sion is â€Å"protect and advance the government assistance of the individuals of Texas by guaranteeing that every individual holding a permit as a medical attendant in the State of Texas is equipped to rehearse safely.† The strategic the Board of Texas is satisfied through nursing practice guideline and nursing instruction program endorsements. BNE endorsement is the key for the alumni to take the NCLEX. In view of the Nursing Practice Act (NPA), the Vocational Nursing Education and Professional Nursing Education give rules and guidelines to projects of nursing training to determine that the alumni can rehearse skillfully and securely. Texas nursing instruction program is endorsed by Texas BNE that are agreeable with their standards and guidelines (The Regulation of Nursing Education Programs in Texas, 2008). Then again, universities and colleges who are authorize by Southern Association of Colleges and Schools/Commission on Colleges are continually checked for development of instruction framework (SACS, 2006). The Commission on Colleges is the College Delegate Assembly agent body and is in control in completing the procedure of accreditation (SACS, 2006). BNE secures the general population just as the staff and understudies who get nursing care and nursing instruction program. The endorsement of BNE shields the readiness of medical caretakers by guaranteeing that norms of nursing practice are found out by understudies through sound instruction and licensure test qualification. The endorsement of BNE on nursing instruction programs guarantees that the educational plan and program results get ready understudies to show the Differential Entry Level Competencies (DELC), and is the center prerequisite for obligatory endorsement by other administrative organizations and deliberate accreditation (The Regulation of Nursing Education Programs in Texas, 2008). The Commission on Colleges is the College Delegate Assembly and is the territorial body for accreditation of degree - conceding advanced education organizations in the Southern States. Its motivation is to

Finding My Way Around MIT (Guest Entry)

Finding My Way Around MIT (Guest Entry) by Rena Katz CPW was so hugely difficult to take in all at once that its hard to sum it all up in one blog post, much like its hard to condense your life into 500 words for the admissions office. But I shall try. I arrived at CPW on Friday morning and went to the opening lecture. Amy Smith gave an excellent presentation about some of the challenges of living in developing countries and how people could help. She talked about tools and devices that were redesigned to be inexpensive enough for people to afford. A major challenge for many people is finding fuel, usually wood, which smokes and leads to disease. Ms. Smith and her team developed a method of producing charcoal bricks out of natural waste materials in the communities that needed fuel. She works with students on projects that really do help people, which I think is a fantastic thing to be involved in. For lunch on Friday, I met my awesome friend Daniel and a new friend named Rebecca. We sat in on a geology class which had videos of lava flowing, exploding, and making pillows and streams. After getting some free food, we sat in on a 8.02 class (Electricity and Magnetism physics). It had PowerPoint slides on screens all over the room, and the professor could ask questions for the students to answer with clicker remotes, which is what makes it a TEAL (Technology-Enabled Active Learning) class. Im not sure if the TEAL would help me learn better, but its an interesting idea. We got to see sparks. Lots of them. Big ones. The best demonstration was a giant switch connected to a giant inductor. A volunteer closed the switch, but nothing happened. You could practically see that inductor snickering to itself, just waiting. When the student opened the switch, there was a HUGE green spark. The student just sat there like he sees huge random green sparks every day who knows? Maybe he does. Th e inductor was a little disappointed that no one ran screaming out of the room. I also saw Snively, but he disappeared before I could say hi. Bouncy balls. Falling from the sky. What more can be said? I guess we showed up too late for Meet the Bloggers, since there werent many people left. I got to talk to Ben Jones, who is more awesome in person, if thats possible. I thanked him for setting up such a great admissions process/website/blogs. I really feel that MIT cares about its prefrosh and wants to help as much as possible, and I appreciate that very much. Thanks to all the admissions officers! I stayed in a suite in Burton 5. My host Sara and her suitemates were very nice. I even got to sleep in a bed instead of the floor I was expecting. My absolute favorite view near Boston is the multicolored lights of Boston reflected in the Charles River at night, especially if you are high enough so the buildings dont get in the way. We were going to go see Baker House, but we ended up at East Campus, where they were telling stories of some of the hacks that MIT has done over the years. Luckily, we saw no zombies, but we would have been well prepared thanks to the chainsaw hack that Snively and prefrosh already blogged. Random Hall had pancakes at 2:17 in the morning. In fact, they had lots of, well, random activities at :17 past the hour. Seventeen is supposed to be the most random number because people will pick 17 most often when they choose a random number between 1 and 20. Random Halls funniest activity was a nerf gun war. They set up the couches to make forts so ten people could fire foam darts at each other, which we did with much drama and laughter. The practical people would crouch behind the couches and wait, and the more daring would leap over to the other side and try to shoot people before they could reload their guns. It was even more funny when the guns didnt work. Best quote of the night: You shouldnt remember from this that MIT is awesome, but that I am awesome. When I got to MIT, I felt like a prefrosh, probably because I am one. I had a sleeping bag, very little idea where to go, and I didnt know anyone. On the morning that I left MIT, I had a geeky sweatshirt, I knew my way around campus, and I could hardly tell who was a prefrosh and who was a student. CPW assimilates prefrosh into MIT culture. On the first day, I was an it, a prefrosh, a visitor. When I left, people knew my name. I had random conversations all weekend. Everywhere, every time, there was always someone who would say hello, whether it was 8:30 AM in the student center or 8 PM at Battle of the Bands or 2 AM at Random Hall. I dont like everything about MIT, but thats because there is so much diversity in the people, the living groups, and the activities. Im confident that I can find a niche where I fit in. It was a great feeling to eat breakfast before leaving on Sunday and realize that Ill be back in Cambridge in the fall.

The Effect Of Poor Nutrition On The Student s Academic...

Introduction The purpose of this research paper is to examine the impact of poor nutrition on the Student’s academic achievements. Therefore, this chapter presents and describes the methodology that is used in completing this research paper. The methodology will include the systematic as well as theoretical analysis of methods that will be applied in collecting data, and this is significant in proving whether the hypotheses have been confirmed or not. Inappropriately describe the methodology used in this paper, the following components of research methodology will be used; selection of the study site, participants, tools to be used, the procedure to be used to collect data, data analysis and the summary of the findings. Methodology The†¦show more content†¦A teacher may also volunteer to participate in the survey by collecting the data from the students and delivering it to us. It is important for the participants being interviewed, to be honest on the matter being investigated to enable collection of accurate data. Method and Instrumentation To collect data from the subjects the method and instrumentation that will be used will receive the questionnaires that will be issued to the students and some of the teachers. These close-ended questionnaires will be used in data collection from the students that were selected to participate in the study. This kind of instrument will question the student about the type of food they are given at school and when they are at home, their participation in classroom and their class performance. The second type of instrument that will be used to collect data for the study is the performance observation checklist. This type of instrumentation will be used to check the progress records of the students which will in return used applied in determining those students who have high or low performance in academics. Checking the progress of the students using the performance observation checklist will be achieved by evaluating the general performance of the subjects as stipulated in the progress records of every term that are being kept by the school. The third instrumentation that will be used in this study is the Anthropometric assessment sheet. This type of instrumentation is a physicalShow MoreRelatedEffects of Nutrition on Academic Performance Essay723 Words   |  3 PagesIntroduction Some students are unaware as to what they should expect going into post-secondary education. The student may be right out of high school, were their teacher ‘held their hand’ the entire time, been out of school for a long period of time, or may even have dropped out of a previous program and trying something new. Post-secondary education isn’t like high school or working a full-time job, it is a lot of dedication and hard work. Pursuing in post-secondary education will improve yourRead MoreThe Impact Of Poor Nutrition On The StudentS Achievements.1782 Words   |  8 PagesImpact of Poor Nutrition On the Student s Achievements Abstract Chapter1: Introduction The ability of the students in the schools to learn is being hindered by foods that are widely available in the schools which have affected the academic performance. The state of boards in the schools have been in a mission to improve the education systems in schools which in return will improve the academic performance of the students. To achieve this, they have to find the reasons as to why the students do notRead MoreChildren s Mental Health Problems Essay1173 Words   |  5 Pagesrisk factors make it more likely that children will experience poor mental health is based on research ï ¬ ndings that show how frequently, and under what conditions, children’s mental health difï ¬ culties occur. Knowing what kinds of factors put children at risk of mental health difï ¬ culties helps health experts plan and develop the kinds of support and resources needed to be able to intervene early to improve children’s mental health (U. S. Department of Health and Human Service s, 2015). It also helpsRead MoreHealthy Eating and Brain Development1700 Words   |  7 Pageswith proper nutrition. Toddler’s need a well balanced diet that will help with their brain development and achievement for the future. Poor nutrition before birth and the first few years of life can lead to neurological and behavioral disorders. For children under the age of two, healthy eating has a positive impact on the development of their brains. Healthy eating and nutrition plays an important role in the brain development of young children; improving their motor skills, academics, and immuneRead MoreChild Poverty And Academic Achievement1448 Words   |  6 Pages Child Poverty and Academic Achievement Francesca Diona University of San Francisco According to the National Center for Children in Poverty, over 16 million children (22%) in the United States live below the federal poverty level, which is $23,550 per year for a family of four. Research has shown that a family requires an income of about twice that amount just to cover basic needs and expenses. Using these statistics, 45% of children in the US live in low-incomeRead MoreEffects Of Socioeconomic Status On Middle Childhood Essay1572 Words   |  7 PagesThe Effects of Socioeconomic Status from Birth to Middle Childhood Socioeconomic status is the driving force behind many aspects of life. In this essay I will touch on several ways in which it can impact areas of development both in the United States and other places around the world. The first area I would like to look at is Behavior. In the textbook chapter 2 discusses behavior genetics and heritability. It discusses the relationship between the genetic and the environmental influences usingRead MoreEssay about The Impact of Nutrition and Sleep Upon the Learning Process2834 Words   |  12 PagesThe Impact of Nutrition and Sleep Upon the Learning Process The effects of nutrition can begin before birth, with the nutrition of the mother. Under nutrition can result in negative effects of the development of the brain that can become permanent and irreversible. One example is the lack of iron, which is a necessary part of the brain’s tissue. When iron deficiency is present nerve impulses tend to move slower. â€Å"Iron deficiency†¦is associated with behavior changes and delayed psychomotor development†Read MoreThe Nutrition And Academic Performance1790 Words   |  8 PagesNutrition and Academic Performance Generations have change yet the expectations of overprotective parents are higher than ever. Most parents expect that school systems help create children that are confident and prepare students for high school graduation. At the same time, is important that children learn the required skills and knowledge needed to prevail in college, professional careers, and personal life (Common Core State Standards Initiative 2015). In addition, school systems should alsoRead MoreCultural Diversity Research Project :1436 Words   |  6 Pages classrooms are nothing more than a melting pot. Each student brings a different viewpoint and perspective to the classroom. As the chef of the melting pot, an educator must make sure each ingredient is savored. According to Teachers, Schools, and Society, demographic forecasting predicts that by 2030 almost half the school population will be from non-European ethnic groups. It’s essential that educators meet the needs of our diverse students. Fail ure to fairness in the classroom is not an optionRead MoreThe Association Between Abuse And Children s Academic Level Essay1743 Words   |  7 PagesAssociation between Abuse by Parents and Children’s Academic Level Sydney D. Gore Research Plan 2016 Introduction Many children who experience abuse mentally, physically, or sexually tend to have troubles performing academically well in school. Maltreatment was predicted to negatively affect children s academic and behavioral alteration through the creation of discrepancies in academic engagement, social capabilities, ego resiliency, and ego control (Shonk, S. M., Cicchetti, D. 2001). My research question

Gender Inequalities And Globalization In Soccer - 1831 Words

Gender Inequalities, and Globalization in Soccer Soccer is a sport that many know and love. It has been globalized through the ages, and has brought many people enjoyment by watching, and playing the sport. While soccer has brought many people from around the world together, it has also driven a wedge between males and females in society. This sport is controversial for many reasons. It brings about controversy because of the fact that some people can clearly identify the separation of equitable treatment between the genders, while others are oblivious to this idea. Many people from around the world have joined in on this topic. This not only shows the connection of globalization to the gender inequalities, but it shows the link between†¦show more content†¦Even though soccer was being played thousands of years ago, the sport didn’t experience mass expansion until it reached England. While the sport was still in early development, rules were not truly implemented whic h brought about some violent behaviors between the players, ultimately resulting in the sport being banned by the king at the time, King Edward III. This ban was set into place around the year of 1365. This ban was introduced to Scotland a few decades later. Around the year of 1424, Scotland s King James I decided that no man will be allowed to play football (â€Å"football† is how many foreign countries have named soccer). For centuries, the activity of the sport seemed to become lost, but there was a resurgence of the sport around the year of 1815, This is where many of the modern rules that are set in place today came into focus. A couple of college universities brought forth a system of rules for the sport which were known as the Cambridge Rules, the original official set of rules for the game. The game had been created with two versions, one in which later became known as rugby, while the other kept the traditional soccer style that many have come to love and enjoy. There was no concrete foundation of soccer until about the year of 1869 when the Football Association banned any type of ball handling with the hands. This is the first look at globalization. British sailors, soldiers,Show MoreRelatedSo Much Inequality in Our World1677 Words   |  7 PagesGlobal Inequality Most likely every single person in the world is going though an inequality and suffering from it in the society that we are living in such as racial inequality, gender inequality, income inequality, global inequality, and etc. Even though there are more people today joining organizations or associations to stop inequality than before, social inequality is keep growing. We need to think about why inequality is keep growing and not getting batter as the time goes. Growing inequalityRead MoreThe Globalization Of A Multinational Corporation1725 Words   |  7 Pagesother words, multinational companies are going global. Globalization refers to the unification of world economies by removing barriers to international trade, tariffs, export fees by embracing tolerance, understanding of different cultures and customs. This global reach provides new opportunities to expand and improve their products. Managerial Cultures and Norms of a foreign country Many corporations understand the benefits of globalization of business. From a management view, global workforce isRead MoreGlobalization Of The United States850 Words   |  4 Pagesopposed to third world countries that trail behind. Former U.S. Secretary of State, Henry Kissinger, stated, â€Å"What is called globalization is really just another name for the dominant role of the United States† (Prompt), proving that globalization sets a fine line between the perks of those fortunate enough in a capitalistic nation and those who are not. The thing about globalization systems is that they have a way of affecting every country, every business, and every person. Author of Longitudes andRead MoreUnderstanding And Changing Social Factors That Affect The Culture And Body Of Sports2358 Words   |  10 Pagesin sports is a feminist issue deserving of research and theory development’’ Harrison and Fahy (2005:702). Many scholars in the study of sociology of sports use feminist theory to understand power and gender relations in the society (Coakley 2009:39). According to Smith [2010:98], issues of gender which are core to social life, have existed for a while in different locations making the concerns of masculinity and femininity essential. Critical feminist theorists have stressed the importance of critiquingRead MoreTheoretical Ethnographic And Conceptual Background2393 Words   |  10 Pagesin sports is a feminist issue deserving of research and theory development’’ (Harrison and Fahy 2005:702 ). Many scholars in the study of sociology of sports use feminist theory to understand power and gender relations (Birrell 2005:61; Coakley 2009:39). According to Smith [2010:98], issues of gender are core to social life and this fact makes the concerns of masculinity and femininity essential. Critical feminist theorists have stressed the importance of critiquing and changing the culture and PfisterRead MoreThe Sociological Concepts Of Globalization And Migration, Performativity And Patriarchal Ideology Essay1651 Words   |  7 Pagesnot fit into. They are also social constructs that need to be ‘performed’; they are born from socialization and interaction thus, susceptible to external influences and fluctuations in circumstance. In this essay, the sociological concepts of globalization/ migration, performativity and patriarchal ideology will be explored and applied to show their effects on my aspects of my life. We are all aware that the world is strictly divided into nation-states, separate territorial units, and this has becomeRead MoreGlobalization Sample Questions7882 Words   |  32 Pageswill on the exam From Class #1 1. As described in the first lecture, in GOG/GLO 225 we shall be are looking at four dimensions of globalization. Which of the following is not one of these four? a. Economic b. Cultural c. Educational d. Political 2. Which of the following is geographically part of the south, but in economic and globalization terms is usually considered to be part of the global ‘North’? a. Singapore b. South Africa c. Brazil d. The PhilippinesRead MoreStudy Guide9234 Words   |  37 Pageswithin the workplace. 5. Compare functionalism and conflict theory. How would the two differ in their understanding of inequality? Sample answer:Functionalism focuses on how different parts of a society work together to create social cohesion. In contrast, conflict theory focuses on power and the struggle to control resources. Functionalists, therefore, look at social inequality as necessary to the smooth functioning of a society in that it helps allocate people to different jobs that need to beRead MoreMarket and Environment Analysis of Pakistan and Its Impact on International Businesses or Mne’s Operating in the Market of Pakistan in Current Economic and Political Climate11533 Words   |  47 Pageschallenges that are likely to occur in the environment against the MNEs practices. Past researches proved that MNEs are those key elements that create the path for the firms to move into globalization arena. Firms that contain the ability to compete into the market can only build its stronger position in the globalization process. Dealing with environmental susceptibility is most important for the firms in t oday’s era but sometimes they fail to understand the strategies they could use in order to dealRead MoreInternational Management67196 Words   |  269 PagesInternational Management Education iii This page intentionally left blank Preface C hanges in the global business environment continue unabated. The global financial crisis and economic recession have challenged some assumptions about globalization and economic integration, but they have also underscored the interconnected nature of global economies. Most countries and regions around the world are inextricably linked, yet profound differences in institutional and cultural environments persist

Animal Kingdom 54 Free Essays

Animal Kingdom Humans have always had an interaction with animals since the beginning of time. They hunted animals for survival, and humans were their prey. However, scientists believe that our ancient relatives â€Å"treated the animals with respect. We will write a custom essay sample on Animal Kingdom 54 or any similar topic only for you Order Now †(Stetson). So why do we continue to consume and brutally murder, and torture animals for the means of food and clothing when there is this claim to â€Å"love† and â€Å"care for† animals? We should treat all animals with kindness and respect. We should learn to understand them and not treat them as equals. We owe it to animals to show empathy and treat them better to become better people at heart. Animals such as dogs or cats kept as pets hold strong companionships with their owners in our society. Some humans consider animals to be mindless while others don’t, but I believe that they are capable of love, emotion, and thought process. Although, animals do not speak a language we can understand we can certainly see their intelligence. They’re capable of unconditional love and learning. Humans should have respect to our fellow non human animals. There are so many animals that serve a purpose in this life than just being a pet or for a means of food or entertainment. Dogs, for example are particularly helpful as certified service animals to help the blind. There are stories all over the nation of the selfless acts animals perform to save humans from death or accidents. Hurting poor defenseless animals is just cruel and inhumane and really says a lot about the person’s character that would actually do such a thing. The characteristics of animals are similar to those of humans. They care for their young just like human parents nurture their young. They’re capable of showing affection, happiness, and sadness. So how is that not proof of feeling? Animals have different characteristics just like those similar to humans. But they rely more on animal instinct than anything else. We as humans rely more on logic. Animal abuse happens all over through various forms such as animal entertainment, animal testing, and hunting. These animals that are being used in the media industry, fights, circuses, and lab testing are treated poorly and these events sometimes even lead to death. What do these actions say about humans? How can we carry out these inhumane acts where animals are being hunted for their fur, tusks, and feathers? People who are associated with trading animals for consumption treat the animals most cruelly. Those individuals care more about their profits than treating animals with respect. â€Å"We know what we see on undercover videos of factory farms and slaughterhouses is wrong. (There are those who will defend a system that allows for occasional animal cruelty, but no one defends the cruelty, itself. )† (Foer 431). I don’t believe that eating meat can actually be a form of animal abuse, but â€Å"We have so internalized this behavior-â€Å"meat†-eating-that we do not even recognize it as a choice, but rather blindly accept it as a normal and necessary way of life; â€Å"meat† consumption is ‘just the way it is. ’† (Garbato). No one should be forced to stop eating animal â€Å"meat† because it is a choice that we all have. â€Å"Food is not rational. Food is culture, habit, craving and identity. † (Foer 431). The horrific treatments of animals in factories which are later bought for consumption should have stricter regulations. Animals shouldn’t have to suffer and be tortured in so many ways for our essentials. â€Å"100 years ago, animals were considered nothing more than possessions; the properties of humans. No thought was ever given as to how the animals felt. Nothing was done to prevent the suffering of animals. † (Angelicguides). Many animals are still considered possessions, and are dying for a means of meeting the population’s needs for food, entertainment, clothing etc. There has got to be a better way to be more humane towards defenseless animals. Cruelty towards animals reflects our true character and we should strive to be more kind. We should learn from animals and experience the same peace they live in on a daily basis. â€Å"But I might learn something of mindlessness, something of the purity of living in the physical senses and the dignity of living without bias or motive. † (Dillard 351). For that reason we should treat animals with respect and kindness because they can show us the true beauty of life and I think we can learn how to become better people. How to cite Animal Kingdom 54, Papers

Morton Handley Ad Company Interest Rate Determination Essay Example

Morton Handley Ad Company: Interest Rate Determination Paper The interest rate paid to savers depends (1) on the rate of return producers expect to earn on invested capital, (2) on savers time preferences for current versus future consumption, (3) on the rockiness of the non, and (4) on the expected future rate of inflation. Producers expected returns on their business investments set an upper limit to how much they can pay for Chapter 6: Interest Rates savings, while consumers time preferences for consumption establish how much consumption they are willing to defer, hence how much they will save at different interest rates. Higher risk and higher inflation also lead to higher interest rates. B. What is the real risk-free rate Of interest (r*) and the nominal risked rate (ref)? How are these two rates measured? Answer: [Show SO-3 and SO-4 here. ] Keep these equations in mind as we discuss interest rates. We Will define the terms as we go along: r = DRP LIP * MR.. ref = + IP. The real risk-free rate, is the rate that would exist on defaulter securities in the absence of inflation. The nominal risk-free rate, ref, is equal to the real risk-free rate plus an inflation premium, which is equal to the average rate of inflation expected over the life of the security. We will write a custom essay sample on Morton Handley Ad Company: Interest Rate Determination specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Morton Handley Ad Company: Interest Rate Determination specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Morton Handley Ad Company: Interest Rate Determination specifically for you FOR ONLY $16.38 $13.9/page Hire Writer There is no truly rissoles security, but the closest thing is a short-term U. S. Treasury bill (T-bill), which is free of most risks. The real risk-free rate, is estimated by subtracting the expected rate of inflation from the rate on short-term treasury securities. It is generally assumed that is in the range Of I to 4 percentage points. The T -bond rate is used as proxy for the longer risk-free rate. However, we know that all long-term bonds contain interest rate risk, so the T-bond rate is not really rissoles. It is, however, free of default risk. Define the terms inflation premium (IF), default risk premium (DRP), liquidity premium (LIP), and maturity risk premium (MR.). Which of these premiums is included when determining the interest rate on (l) short-term IS. S, Treasury securities, (2) longer U. S. Treasury securities, (3) short-term corporate securities, and (4) long-term corporate securities? Explain how the premiums would vary over time and among the different securities listed. Answer: [Show SO-5 here. The inflation premium (IP) is a premium added to the real risk-free rate Of interest to compensate for expected inflation. The default risk premium (DRP) is a premium based on the probability that the issuer will default on the loan, and it is measured by the difference between the interest rate on a U. S. Treasury bond and a corporate bond of equal maturity and marketability. A liquid asset is one that can be sold at a predictable price on short notice: a liquidity premium is added to the rate of interest on securities that are not liquid. The maturity risk premium (MR.) is a premium that reflects interest rate risk; longer-term securities have more interest rate risk (the risk of capital loss due to rising interest rates) than do shorter-term securities, and the MR. is added to reflect this risk, 1, Short-term treasury securities include only an inflation premium. 2. Long-term treasury securities contain an inflation premium plus a maturity risk premium. Note that the inflation premium added to long-term securities will differ from that for short-term securities unless the rate of inflation is expected to remain constant. The rate on short-term corporate securities is equal to the real risk-free rate plus premiums for inflation, default risk, and liquidity. The size of the default and liquidity premiums Will vary depending on the financial strength Of the issuing corporation and its degree of liquidity, with larger corporations generally avian greater liquidity because Of more active trading. 4. The rate for long- term corporate securities also includes a premium for maturity risk. Thus, long- term corporate securities generally carry the highest yields Of these four types Of securities. D. What is the term structure of interest rates? What is a yield curve? Answer: [Show SO;6 here. SO;6 shows a recent (October 2008) Treasury yield curve,] The term structure of interest rates is the relationship between interest rates, or yields, and maturities of securities. When this relationship is graphed, he resulting curve is called a yield curve. (Sketch out a yield curve on the board,) Interest 14% 12% 0 10 20 30 October 2008 Years to Maturity 1. 00 5. 00 1000 30. 00 E. Yield 1. 74% 2. 55 3. 61 409 Suppose most investors expect the inflation rate to be 5% next year, 6% the following year, and 8% thereafter. The real risk-free rate is 3%. The maturity risk premium is zero for bonds that mature in 1 year or less and 0. 1% for 2. Year bonds; then the MR. increases by 0. 1% per year thereafter for 20 years, after which it is stable. What is the interest rate on 1-, 10. , and 20. Year Treasury bonds? Draw a yield curve with these data. What factors can explain why this constructed yield curve is upward sloping? [Show SO-7 through SO-12 here. ] Step 1: Find the average expected inflation rate over Years I to 20: Yr I: IP 5. 0%, Yr IP (S 8)/10 + 8)/20 = 7. 75%. Step 2: Find the maturity risk 7. 5%. Yr 20: = (5 +6+8+8 + . Premium in each year: Yr I: MR. = Yr 10: MR. = 0. 1% g = Yr 20: MR. = 0. 1% 0 19 = 1. 9%. Step 3: Sum the Pips and Mrs., and add = Yr 1: ref = 5. 0% +0. 0% = 8. 0%. Yr 10: = 0. 9% = 11. 4%. W 20: 7. 75% * 1. 3% = 12. 65%. The shape of the yield curve depends primarily on two actors: (I) expectations about future inflation and (2) the relative rockiness Of securities with different maturities. The constructed yield curve is upward sloping. This is due to increasing expected inflation and an increasing maturity risk premium. F. At any given time, how would the yield curve facing a AAA-rated company compare with the yield curve tort U. S. Treasury securities? At any given time, how would the yield curve facing a B-rated company compare with the yield curve for IIS, Treasury securities? Draw a graph to illustrate your answer. Answer: [Show SO-13 and SO-14 here. ] Curves for AAA-rated and Berated securities have been added to demonstrate that riskier securities require higher returns. ) The yield curve normally slopes upward, indicating that short-term interest rates are louver than long-term interest rates. Yield curves can be drawn for government securities or for the securities Of any corporation, but corporate yield curves will always lie above government yield curves, and the riskier the corporation, the higher its yield curve. The spread between a corporate yield curve and the Treasury curve widens as the corporate bond rating decreases. Interest Rate (+6) B-Rated AAA-Rated 5. 9% Treasury 6. 0% Yield Curve 0015101520 Years to Maturity What is the pure expectations theory? What does the pure expectations theory imply about the term structure of interest rates? Show SO-15 and 56-16 here. ] The pure expectations theory assumes that investors establish bond prices and interest rates strictly on the basis of expectations for interest rates, This means that they are indifferent with respect to maturity in the sense that they do not view long-term bonds as being riskier than short-term bonds. If this were true, then the maturity risk premium would e zero, and long-term interest rates would simply be a weighted average of current and expected future short-term interest rates.