Tuesday, December 24, 2019

Review on My Name Is Khan - 944 Words

To write a review about a film which contains not only the magical combo of Shahrukh Khan-Kajol-Karan Johar but also something different from melodramatic love story or usual remake of hardcore commercial film is pleasurable.My Name Is Khan has a excellent point to a class of audience who likes to watch Shahrukh Khan in a different characteristic. But the film does not show the excellence enough to get a perfect worship from all audiences and critics. In the movie Rizwan embarks on a touching journey and gets the true recognition of his love,love for Mandira_we reveal a simple but touchy characteristic of an ordinary man’s love,we go through an extra ordinary journey. The movie has some points for which it can be appreciated. Firstly,†¦show more content†¦The narrative style may influenced by The Shawshank Redemption and Godfellas. The ending is quite good but it may be more gothic and more authentic. The journey of Khan may be showed more smartly in accordance with happenings as sometime it has feel us melodramatic. Cinematography is worthy off a hand of applause, specially using the background and wide angle shot. Editing is fine. Thanks Ravi K. Chandran (director of photography) and Deepa Bhatia (editing) Shankar-Ehsan-Loy has done a great job both in soundtrack and background score.Thanks to the lyricist(Niranjan Iyengar and Javed Akhtar) The songs such as Noor-e-Khuda blend western bar blues and techno sounds with Indian classical styles such as Sufi and Hindustani. The soundtrack is thus representative of the indie fusion genre. Unlike Karan Johars other films, this film has no lip-sync songs. All the songs are in background. Tere Naina is a good one. In short The content of My Name Is Khan is diametrically opposite to whatever Karan Johar done in the past. My Name Is Khan is not all about terrorism, or 9/11. It’s about a relationship between two people, between an individual and the State, and between an individual and the country. In short, there the three important components: love story, Islam and a mild form of autism. You can watch it. Sometime it is impressive, dramatic, a little bit slow,Show MoreRelatedFaith and the Hijab Essay examples1707 Words   |  7 Pageswear these head coverings. Then also remembering 9/11 I also remember seeing the violence that men had toward women in Iraq. To me the head coverings were a sign of male domination and the women submission. At least these were my ideas before actually starting any research. So my ultimate quest was to find out why women in Islam wore their head coverings. Along with, what where the origins of the head coverings, are there obligations? Do all woman have to wear the head coverings. Why are there severalRead MorePrinciples of Marketing1392 Words   |  6 PagesA G E N E R A L O V E RV I E W O N PRAN IN BANGLADESH American International University of Bangladesh Subject: Principles Of Marketing Section: K Name and ID of the members of the group1.Islam Aminul 2.Islam Touhidul 3.Rahman Md Mostafizor 4.Shahnawaz Khan 5.Khalid Ibrahim Submitted To, Samira Nuzhat Lecturer AIUB Last date of submission: 19 April 2010. 2 09-14147-2 09-14139-2 09-14084-2 09-14134-2 08-11892-2 Date: 19 April 2010 Samira Nuzhat Course Instructor Principles of MarketingRead MoreThe Wearing Celebrity s Transgression And If Any Negative Implications Allotted By Purchasers1333 Words   |  6 Pageson youth Today a youth is more likely to listen to the remarks and impact of an icon than their guardians. With this pattern it is paramount for folks to take a dynamic part in their kid s lives in order to control the negative impact that a big name can have on them. 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Fahad Hassan for his great teachingRead MoreThe Seated Scribe, By Egypt Fourth Dynasty Essay1201 Words   |  5 Pagesit was dishonourable to insinuate that they aged as they were supposed to be gods on earth. According to the Louvre website, (www.louvre.fr/en/oeuvre-notices/seated-scribe) the sculpture was found in Saqqara Egypt in 1850 by an archaeologist by the name of Auguste Mariette. The exact location of the Seated Scribe has remained a mystery because the excavation findings were published after Auguste died in 1881 and his journals on the subject had been lost, the location of it is said to be to the north

Monday, December 16, 2019

The Louisiana Purchase Free Essays

Describe the events leading to the purchase of the Louisiana Territory in 1803. Discuss the terms of the treaty and how Jefferson reconciled his strict interpretation of the Constitution with the acquisition of the territory. Before the Louisiana Purchase in 1803, the entire Louisiana territory covered what is today known as the Midwest. We will write a custom essay sample on The Louisiana Purchase or any similar topic only for you Order Now The purchase of the land was a monumental step in the expansion of the United States. Thomas Jefferson became the 2nd president of the United States in 1800 and assumed control in 1801.He envisioned a society of independent farmers that were free from the restraints of industrial towns and the mobs of European cities (Brinkley p. 181). In 1763, France lost control of the Louisiana Territory to Great Britain. Under the Treaty of San Ildefonso in 1800, France regained control of Louisiana in an acquisition that Napoleon Bonaparte hoped would become the heart of the great French empire in America (Brinkley p. 200). Napoleon envision a French empire that would control much of the trade and establish French dominance in the New World.All was not well within the French empire though; African slaves in San Domingo would revolt under the leadership of Toussaint L’Ouverture in the West Indies. Napoleon would have to send an army to restore order in the Indies. This revolt was but the start of the problems of Napoleon realizing his ambitions in America (Brinkley p. 200). Thomas Jefferson had begun to reconsider his association with France after he learned of the secret treaty in which France regained Louisiana.Jefferson had become even more alarmed in the fall of 1802 when he learned that the Spanish intendant who controlled the Louisiana Territory had announced a new regulation (Brinkley p. 200). American vessels had long used the Mississippi River as a supply route to get cargo to New Orleans in order to load ocean bound ships for export. The new regulation revealed by the Spanish forbade the use of the route effectively shutting down the lower Mississippi. Upon learning of the new regulation, Jefferson sent his French ambassador to negotiate the purchase of New Orleans (Brinkley p. 00). His ambassador, Robert Livingston, took it upon himself to try and purchase the majority of western Louisiana as well. While Livingston was trying to acquire Louisiana, Jefferson had persuaded Congress to appropriate funds to expand the army and the construction of a river fleet (Brinkley p. 200). Jefferson wanted to give the illusion that the US had partnered with the British if the problems with France were not resolved soon. Shortly afterward, Napoleon decided to accept the United States offer to purchase Louisiana. On April 30, 1803, James Monroe and Richard Livingston signed the agreement with France for the purchase. The United States purchased Louisiana from the French for $80,000,000 francs ($15mil US. ). The US also had to promise certain exclusive commercial privileges to France and to incorporate its residents into the Union (Brinkley p. 201). The agreement stated that Louisiana would occupy the â€Å"same extent† as it had when France and Spain had controlled it (Brinkley p. 202). Thomas Jefferson was pleased with the acquisition of Louisiana but was unsure if he possessed the authority to accept the agreement terms. He was convinced by his advisors that with this treaty making power under the Constitution, that his acceptance of the agreement was justified. In 1803, the French assumed control of Louisiana from Spain and immediately transferred the rights to the territory to the United States. Louisiana was admitted into the Union as a recognized state in 1812. Brinkley p. 202) The purchase of Louisiana was a major step in the development of the Midwestern United States. Gaining control of the territory from France helped the United States regain the power to transport goods down the Mississippi River to get to the port of New Orleans. This was a big deal to the United States as New Orleans was the focal point of moving goods across the ocean for export.Bibliography †¢ Brinkley, A. (2007). American History: A Survey. Boston: McGraw Hill. How to cite The Louisiana Purchase, Papers

Sunday, December 8, 2019

Musuis Story free essay sample

Musui’s Story: A Transition From Isolation to Interaction The varying social interactions between status groups in Katsu Kokichi’s autobiography, Musui’s Story, convey a shift from the hierarchically strict Heian/Kamakura epochs to the more socially open late Tokugawa period. Throughout the work, Katsu illustrates his various dealings and communications with peasants, merchants, artisans and fellow samurai. While in theory a social hierarchy still presided, Musui’s Story dismisses the notion that social groups remained isolated from each other, as in previous Japanese eras, and instead reveals that people of Japan in the late-Tokugawa-era mingled with one another during their lives, regardless of their social status. Considering the demise of the aristocracy that inhibited so much of Heian Japan, the late Tokugawa era fostered the idea that no matter your status or class it remained possible to interact with anyone outside the imperial family. Musui’s Story served as an indicator of transition from status groups that people attain through birth, to class groups that anyone can achieve no matter their ranking upon birth. While better-positioned social groups in society still garnered additional respect, it did not mean that their position in society remained fixed and could not move up or down the social hierarchy due to their actions. Katsu’s work personifies a prime source for understanding that while status group ideals still endured, a clear rift continued forming between the ideals and the reality of Japan at the time when it came to social interactions. The character of Katsu embodied uniqueness, considering his birth to a well to do yet low ranking Samurai family in Edo. His early interactions, especially those that take place after he runs away from home, serve to illustrate the spreading chasm between social ideals and social realities. For example, Katsu received lodging from a samurai, and an offer of a spot in their household even though on his first runaway his dress looked quite similar to that of a beggar (Katsu 30-31). The interaction would seem shocking on its own, if not for Katsu’s introduction to the samurai commencing through his laughter at their pathetic attempts to ride horses which, if following samurai ideals, could have led to Katsu’s death due to disrespecting the samurai who inhibited the highest status of the social order besides the imperial family. Katsu’s journey during his first attempt at running away reveal how various groups of people, no matter their status or class, interact with a person who identifies himself as a beggar, tradesmen, or a person on a religious pilgrimage. Whether that means getting ripped off by tradesmen, having shelter provided by priests and beggars, or receiving alms from gamblers and a man enjoying a brothel (Katsu 24, 25-29, 32, 34-35, 37). Yet, Katsu relied on his status to help him out of sticky situations from time to time as well. For example, during the introduction to the pleasure district in Edo, Katsu steals about 200 ryo, and even though it becomes clear that he committed the crime, Katsu remains innocent and goes unpunished thanks to his role as future family heir (Katsu 44-46). Katsu does not begin to represent the ideals of the samurai until his adult years. His epiphany came when an old man bequeathed a few nuggets of wisdom on Katsu, exemplified by his words, â€Å"People are wont to repay a good deed with ingratitude. Well, why don’t you be different and try returning a good deed for every act of ill will? † (Katsu 73). A key aspect of Katsu’s life during his adult years becomes his perpetual debt and lack of money. The ways through which Katsu goes about abolishing his debts and earning a living do not always represent the samurai ideals. Katsu begins to dabble in selling swords, as well as learning how to do shadow lotteries, deeds clearly at odds with samurai ideals, yet they represent the stark reality of Katsu’s monetary situation (Katsu 74, 84). Katsu evolves into a unique figure because, while he does not always follow samurai ideals, he does realize the weight his status holds, and he does not shy away from using it to acquire privileges that he would not receive otherwise. Because of his social standing and his benevolent nature, even Katsu’s friends come to his aid with money, as they create a savings association and place Katsu as the head without even having to put in an initial payment (Katsu 95). Another example would include an incident near the end of the autobiography, where Katsu goes out of his way to bail out his landlord by tricking the villagers that he would use his samurai status to shame them in the eyes of the Osaka magistrate (Katsu 129-142). Essentially, Katsu gains a mastery of using his samurai ideals to help his maligned reality, and through it he can call in favors, rely on his friends for monetary support, and use his status to awe members of society. While ongoing change became the status quo in late-Tokugawa era Japan the ideals of the samurai—and the respect they receive—endured. And, because samurai could still fall back on the prestige their class represented, members of society still held them in awe. Even while partaking in illegal activities, such as sword-dealing, Katsu receives such a great amount of respect that his losses remain meager, as referenced by the quote, â€Å"At the auction market, if I guessed wrong and put in a written bid of fifteen silver monme for something worth only three monme, the auctioneer would take out my slip of paper from under the straw and say, â€Å"For Katsu-sama, it’s three and a half monme,† and let me off with a loss of only half a monme† (Katsu 96). Even though Katsu’s younger life did not illustrate the samurai ideals that he would later come to rely on, that did not stop him from instilling awe in people, as illustrated by Katsu’s interaction with Master Danno: â€Å"Whether it concerned a dispute between rival schools, disagreements between fellow students, or initiations into secret techniques, I was the one who was usually called in. For that matter Master Danno made a point of consulting me about initiations at his school. And not one person ever contested my decisions† (Katsu 98). Yet, not everyone held the samurai in awe, as shown by the actions of Hyogo, a Shinto priest. Hyogo became drunk and embarrassed himself and Katsu, and later on, his nephew, Otake Gentaro, also refuses to respect Katsu or his status, and Katsu threatens to kill him for dishonoring him. As Katsu would state, â€Å"In my opinion Hyogo was a thoroughly bad sort. I severed all connections with the association. The other members that I’d persuaded to join left, too, and I heard that the whole thing fell apart† (Katsu 79). When it comes to the ideals that status groups championed in the late-Tokugawa era, the reality actually matched it on a greater level than previous eras. One ideal followed by Katsu included this excerpt in the textbook, â€Å"Although merchant and samurai held many values in common, it was a mark of samurai pride to regard financial considerations with contempt† (Schirokauer 151). Katsu seemed to follow this quite strictly as he never hoarded money—or made a point to make it—until he teetered on financial ruin, which spurred him to rely on his status and his previous good deeds to amass the ryos necessary to pay off his debts. In addition, the text also exposes that â€Å"Most (samurai) were now occupied more with civil than with military affairs† (Schirokauer 150). Katsu’s life represented this perfectly, considering that, throughout his autobiography, mentions of him going off to war did not appear, and emphasis instead fell on stories of him helping out his landlords, heading saving associations and dealing swords to make quick money. The universal samurai ideals known as bushido, which imparted ideals such as frugality, loyalty, honor to the death, and possessing a mastery of martial arts, did not quite evoke the same adherence as they did in previous eras, or at least when reading Musui’s Story. Katsu’s idea of frugality only came when he had no more money to spend because he had squandered most—if not all of it—in the pleasure district, and for Katsu, loyalty represented a difficult ideal to follow when he lacked loyalty to his own family, considering that he ran away from them twice. Musui’s Story personifies a detailed glimpse into the life of a samurai in the late-Tokugawa era, and how through social interactions we can see how reality and ideals became disjointed. Ideals and reality remained connected, but the main point—that ideals did not always influence how events and interactions took place in reality because, with everyone interacting with each other freely it did not seem logical to base their entire lives on ideals championed hundreds of years before in a different era—demonstrated an increasing distance between ideals and reality. The reality of the society portrayed through Musui’s Story exemplifies one that did not have as much concern with status groups, and therefore ideals, of those groups. With the rise of class groups that people could rise into, reality became much more focused on social interactions, rather than merely seclusion based on ideals that still held weight, but lacked the importance of having social interaction with all classes. Bibliography Katsu, Kokichi. Musuis Story: the Autobiography of a Tokugawa Samurai. Tucson: University of Arizona, 1988. Print. Schirokauer, Conrad, David Lurie, and Suzanne Marie. Gay. A Brief History of Japanese Civilization. Australia: Thomson/Wadsworth, 2006. Print.

Saturday, November 30, 2019

Understanding Lenora Chus Argument Essays - Rhetoric, Literature

Understanding Lenora Chus' Argument As a senior and college students, i've been prepared to be successful in my life for a long-term period. Even though i have studied in a school that is very modern, there are some school in other location such as china that are not modernized and could affect student's long-term life. Just the same as what Lenora state's in her editorial. Lenora appellate "Will the Next Steve Jobs Be From China?" written by Lenora Chu. Lenora is an American Writer and Journalist. She has worked as a television correspondent for Thomson Reuters and consultant to 'ities and the private sector. Her articles has appeared in CNNMONEY, The New York Times, Science, Christian Science Monitor and on National Public Radio and many more. She has come across a location in China in which still uses the Chinese Traditional Education System. The use of this system leaves student behind and not able to explore and be creative on their own. Instead, they are forced to take tests or exams every week or two i n order to check their position based on their academic system. Lenora mainly targets specifically the minister of Education's National Research Center. The secret behind taking time and writing her editorial is due to an event that occurred the day before. Students in Peking University study hall were taking an exam, which is located in Beijing, China. People have been 50% bias and 50% non-bias on her articles, writing, and editorials. Lenora claims the chinese education system is changing towards a creative education system, even though it's going very slow but it's progressing. Throughout her editorial, she is very persuasive due to the reasoning she provides the reader with. The use of quotations builds credibility in her editorial. She states the chinese leadership intents on improving the system. "There is nothing that should remain unchanged when it comes to reform of our educational institution." Wang Feng, a director in the Ministry of Education's National Research Center. Plus, this is an individual in which case has a background in the field, so this helps with logos and ethos. She incorporates specifics of what they are facing and how they are trying to solve the issue. Statistics are being used to show facts, so that once again the reader could start trusting her editorial, such as: "defined as the memorization of 3,500 distinct character" " American students students generally spend 90 minutes fewer in school each day..." Another one that quotes "of the nine million students who take the national college entrance exam, about two to three million will fail to advance into college." Lenora uses so many other statistics that leaves the reader with a good sense of mind and trust worthiness. She does not only make the audience intelligible of her side of argument but she jots down the other side of her argument and rebuts it very respectfully. That builds a good connection between the reader and the writer. Also, the first paragraph uses pathos to remind the reader of problems in their own schooling. The mixture of Logos and pathos are used to convince the reader, or persuade the reader in a sense. The editorial format is MLA, it does not contain any slang words that would dissuade the reader. Lenora is a professional writer and so words in favor of professionalism are engaged in her editorial. Although some people might disagree with my argument and say we should not be intruding into some other country's education system. This might be a bit difficult for some people to understand but what we should be aware of is that the more the education systems are similar, the more we would be able to come to an agreement due to the similarities of the education system and so same thinking. There are even websites and blogs promoting this cause. This editorial persuades the reader with the use of logos, pathos and ethos. Lenora uses several quotation throughout her editorial in various locations. She also uses statistics to provide a credible sense to the reader. The main ideology introduces a new, latest and workable education system for everyone. The newer education system will skyrocket the students into

Tuesday, November 26, 2019

George and Lennies Unlikely Friendship Essays

George and Lennies Unlikely Friendship Essays George and Lennies Unlikely Friendship Paper George and Lennies Unlikely Friendship Paper Someone once said, â€Å"True friendship is knowing someone’s faults, and loving them anyways. † This quote is exactly how it sounds. Being a true friend to someone is accepting them for who they are and what they have done in the past. Lennie and George both have done many things in the past, and yet they are still close. In Of Mice and Men by John Steinbeck, they display exactly that. Although Lennie and George tend to fight quite often, struggling through hardships along the way, they are always there for each other no matter what; they manage to maintain a very special relationship. Throughout the book, Lennie does some outrageous things that put George over the edge, but in the end, George is always trying to forgive him even if it is not what he wants to do. For instance, Lennie is extremely forgetful with some of the things that George tells him. While they are sitting by the river bank, Lennie, again, does not seem to remember any direction George may have previously given him: â€Å"So you forgot awready, did you? I gotta tell you again, do I? † Lennie explains, â€Å"I tried not to forget, honest to God I did George! (Steinbeck 4). Once Lennie explains this to George, he backs off. George automatically feels bad for blowing up on Lennie when he knows it was not Lennie’s intention to forget what he had said. George’s willingness to forgive Lennie shows that he really cares. In addition to forgetting things, Lennie also has many more faults that he does not realize. George and Lennie talk by the river bank earlier that day, when George accidentally, out of anger, says something to Lennie that he did not mean. He says, â€Å"What do I got? I got you! : You can’t keep a job and you lose me every job I get! † (Steinbeck 11). After seeing the look on Lennie’s face, George realizes something. George realized that he could not go a day without Lennie, and he would not want to go a day without Lennie, even if he sometimes feels like he would be better off. Lennie is bewildered with most of the things that he does wrong, and he does not understand why, but there comes a time in the book where Lennie knows he is in the wrong. â€Å"I done a bad thing, I done another bad thing. † (Steinbeck 91). Lennie is referring to the killing of Curley’s wife. As a result of this, George is the one who puts Lennie out of his misery in order to keep him from getting lynched, and to save Lennie from the future consequences he would have had to face. The true trials of friendship become apparent throughout the book. Lennie causes George many hardships, but George still loves him regardless. George is really a father figure to Lennie, but George loves Lennie for the type of companionship he expresses to him. Somehow putting the two opposites together, they always make it work. There comes a point in the book where George feels like it is appropriate to tell Lennie how he really feels: â€Å"I want you to stay with me, Lennie. † (Steinbeck 13. ) George explains later in the book that it is much easier to go around with somebody you know. Really in George’s head, his life would be completely different if it was not for Lennie. Deep down George knows that Lennie is what he can call a â€Å"true† friend. Before you even get to know George and Lennie, the book explains something that automatically gives you the idea that George is the leader. They’re both dressed in denim trousers and coats with brass buttons, one following after the other. † (Steinbeck 2). Along with their appearance, this explanation shows that one of them is the leader, and the other is following his every move. In that case, Lennie would be considered the follower. Additionally to George being the leader of the two, he explains to the guys on the ranch that Lennie and him are in it together. George said coldly. â€Å"We travel together. † (Steinbeck 25). By expressing this to the guys on the ranch, it shows that he is true to his friendship with Lennie, and there companionship towards one another. Of Mine and Men by John Steinbeck is a book in which many issues dealing with the responsibilities of friendship become apparent. Throughout this novel, Steinbeck portrays friendship as a difficult task, but makes it well worth it. He makes it clear that true companions stick together through everything, and that is exactly what George and Lennie did. While struggling through hardships along the way, they make their friendship work.

Friday, November 22, 2019

See Some Triboluminescence Examples

See Some Triboluminescence Examples You may be familiar with the Wint-O-Green Lifesaverâ„ ¢ spark in the dark, but if you dont have Lifesavers handy, there are other ways you can see triboluminescence. Triboluminescence results from the fracture of (usually) asymmetrical materials. The break separates electrical charges, which recombine and ionize the air. The ionization of nitrogen in the air produces ultraviolet light, but you cant see that. You can observe triboluminescence when another material is present that absorbs that ultraviolet light and re-releases it in the visible range (fluoresces). Here are some examples: Cracking Wint-O-Green LifesaversCrush a wintergreen-flavored Lifesaver candy with your teeth or a hammer. You get triboluminescence whenever you smash sugar, but there usually isnt enough light for you to see it. The methyl salicylate in the wintergreen oil is fluorescent and converts the ultraviolet light into blue light. If you cant find this flavor of Lifesavers, you can use sugar with wintergreen oil or clove oil.Unwapping a Band-Aidâ„ ¢Some Band-Aid wrappers will emit a blue-green glow when they are unwrapped quickly. While you can unwrap the bandage in the dark, youll probably want to turn the lights back on before applying to a wound!Cutting a DiamondThis is not something most of us are likely to do, but some diamonds will fluoresce blue or red when being rubbed or, more usually, cut.Unrolling Friction TapeFriction tape is that cloth tape that has a rubber adhesive such that it is sticky on both sides. It can be used as an electrical insulator, but youll usually see it in t he context of sports, to wrap hockey sticks, tennis rackets, baseball bats, etc. If you unroll friction tape in the dark youll observe a glowing line as the tape is pulled away from the roll. Opening Sealed EnvelopesThe adhesive used to seal some envelopes will fluoresce blue as the contact is broken.Remove Ice from the FreezerThis is an example of fractoluminescence, which is sometimes considers synonymous with triboluminescence. Fractoluminescence is light produced by fracturing a crystal. The fracture separates charge. If enough charge is separated, an electrical discharge may occur across the gap. If you remove ice from a freezer in a dark room, you may see flashes of white light accompanying the crackling sounds of ice undergoing rapid thermal expansion.

Thursday, November 21, 2019

Case Study Example | Topics and Well Written Essays - 750 words - 39

Case Study Example Therefore, it created a barrier of entry to any other interested investors. This made it easy for the competitors to penetrate the market, an aspect that could have reduced its market share significantly. One of the major strength of Electra is its strong financial base. Since its inception, the company has accumulated a lot of money. This has enabled the firm to create a strong business empire despite having a shaky start. In addition, the finances have enabled the firm to stage a strong marketing campaign, thereby making it easy to expand its operations in different parts of Mexico. Moreover, the company has been using the money to develop new product lines that have enabled it to increase its sales and attract a diverse market. This has been instrumental in ensuring that the success of the business is base on different pillars. Electra has an experienced workforce. Through opening different subsidiaries, the employees have gained experience on how to deal with customers who emanates from diverse cultural, religious, and racial backgrounds. As a result, the subordinates have been playing an important role of dealing with varying challenges that affect the business in the market. This has ensured that the business remains stable even in tough economic conditions. Another major strength by Electra is its strong brand. Over the years, the company has been setting a huge budget towards marketing. This is to remind the customers of the existence of its products and services and to persuade new customers to purchase their products and services. Through the use of audio, visual, and print media, the company has created a strong brand name, an aspect that has played a significant role in attracting customer loyalty. Furthermore, this strategy has been significant in retaining the loyal customers. This continuity coupled with high products

Tuesday, November 19, 2019

Theories of management Essay Example | Topics and Well Written Essays - 2500 words

Theories of management - Essay Example It also involves maintenance of employee satisfaction, which on the other hand is important in maintenance of consumer satisfaction. The competitiveness of an organization highly depends on the employees and therefore leadership that keeps the employees satisfied is important in maintaining productivity and competitiveness. There are several theories that explain leadership as it applies to organizations. The theories also highlight leadership characteristics, which are significant in the accomplishment of organizational goals. This paper presents a critique of various leadership and theoretical perspectives that point towards great leadership that is needed in organizations for effective accomplishment of objectives and sustainability. The willingness to be a servant of others is usually exhibited by great leaders in organizations. Their focus is to build the capacity of everyone to help the organizational workforce to accomplish the strategic goals. They believe that success is accomplished through the participation of all the individuals in the organization. They listen to others and involve them in decision making. Through their focus on generating satisfaction among others, they are able to rally followers. The functionalist perspective is that leadership involves motivating others, influence and participate in conflict resolution. Great leaders inspire a shared vision among their subordinates to ensure that the workers anticipate the best in future. They are visionary leaders who maintain credibility in their vision by presenting authentic predictions to the subordinates. They generate enthusiasm that makes all the workers motivated to work for the accomplishment of organizational goals. The participative the ories of leadership explain such leaders who are concerned about the views of their subordinates. They encourage people to form effective teams whereby they assist each

Saturday, November 16, 2019

The quantity of pennies Essay Example for Free

The quantity of pennies Essay (1) Draw an indifference curve map with the quantity of pennies are on the horizontal axis and the quantity of nickels are on the vertical axis. Given the shape of your indifference curve, how would you describe the typical relationship between these two â€Å"products†? The two goods are perfect substitutes for each other. 5pennies are equivalent to a nickel. (2) You and I are in consumer equilibrium. CDs cost 10 dollars each and cassette tapes only 2 dollars each. I consume CDs and cassettes. You consume only cassettes. What can you infer about my MRS (marginal rate of substitution) of CDs and tapes? What about your MRS. Since both individuals are in consumer equilibrium, for you, the MRS should equal the price ratio since you consume both goods. Hence MRS = 10/2 = 5.  For me since I consume only cassettes at my equilibrium, it implies that I consider CD’s a neutral good. Therefore my indifference curves are horizontal (assuming CD’s are on the horizontal axis). Hence MRS is zero, since no amount of increase in CD’s can change your utility unless you have more cassettes. (3) The price of driving a car is 30 cents per mile. The cost of riding the bus is 60 cents per mile. At the moment, your Marginal Utility of the last mile of car transportation is 80 units, and the Marginal Utility of your last mile of bus transportation is 150 units. Are you maximizing your utility? Explain your answer. If I’m maximizing my utility then the marginal utility derived from the last cent spent on each good must be equal. The marginal utility from the last cent spent on driving a car is = 80/30 =8/3=2.67 The marginal utility from the last cent spent on riding the bus = 150/60 =5/2=2.5 Hence I’m not maximizing my utility. I can increase my  utility by spending less on bus rides and more on driving the car. (4) Let’s say your consumption basket is made up of two goods, â€Å"X† and â€Å"Y†. Your income is â€Å"I†. The market prices you face for these two goods are PX and PY. Draw an initial equilibrium point for your consumption of these two goods. (Restate the formula for the relation between your marginal rate of substitution and the market values of â€Å"X† and â€Å"Y† at the point of equilibrium.) Now, you suddenly crave good â€Å"X† much more relative to â€Å"Y† than previously. this do to your indifference curve and equilibrium position? Why? After you crave more â€Å"X† relative to â€Å"Y†, the price of â€Å"X† rises dramatically. your graph what does this do you your equilibrium position? Now, your income doubles. What does Draw on Graph your new equilibrium position. By doing this exercise, you get a sense of how your real income and purchasing power, and consumption changes, as your tastes, income and market conditions change. Remember there are three components here: Your psychological makeup – your indifference curve Your income – the result of all your hard work and application of skills The prices you face, determined by the market. In the â€Å"real world† this is a situation that will always hold true for you as you interact with the world of goods and services. At the equilibrium, the MRS=price ratio = PX/PY. At the equilibrium, the indifference curve is tangential to the budget line. MRS =MUX/MUY =PX/PY, i.e. MUX/PX = MUY/PY Now it is given that X is â€Å"craved† much more for relative to Y. Hence the indifference curves becomes steeper. That is now you are willing to give up more amount of Y to have a unit more of X. Alternatively, it can be said that you need more of Y to leave you indifferent for the same decrease in X. Hence the slope of the indifference curve, i.e. the marginal rate of substitution increases, i.e. MUx/MUY increases. We know that the price ratio doesn’t vary. Hence at the original equilibrium, we have MUX/PXMUY/PY. Therefore you will consume more of X and less of Y at the new equilibrium, since your receiving more from the last dollar spent on X than Y. Now the price of X rises. Since we are at an equilibrium, MUX/PX=MUY/PY. But since Px is higher, your budget curve pivots inward. With the substitution effect you consume less of X and more of Y. With the income effect you consume less of both goods (since real income has decreased). Therefore at the new equilibrium, you consume less of X and the amount of consumption of Y depends on the relative strength of the two effects. (5) Think of a commercial establishment (department store, coffee shop, gas station, store from which you make common purchases – that is spending your hard-earned money) and think through the questions in the previous exercise (4) as they would apply yourself and to the goods offered by this establishment. That is, take any two goods or groups of goods from the store you have chosen and re-do the questions in (4) as they would really apply to you and your tastes. Now you are thinking economics and thinking creatively as well! Consider choice made between having fruit beer(X) or having ice cream(Y) after dinnerassuming that both are good goods. At the equilibrium, the MRS=price ratio = PX/PY. At the equilibrium, the indifference curve is tangential to the budget line. MRS =MUX/MUY =PX/PY, i.e. MUX/PX = MUY/PY Now it is given that X(fruit beer) is â€Å"craved† much more for relative to Y(ice cream). Hence the indifference curves becomes steeper. That is now you are willing to give up more amount of Y to have a unit more of X.  Alternatively, it can be said that you need more of Y to leave you indifferent for the same decrease in X. Hence the slope of the indifference curve, i.e. the marginal rate of substitution increases, i.e. MUx/MUY increases. We know that the price ratio doesn’t vary. Hence at the original equilibrium, we have MUX/PXMUY/PY. Therefore you will consume more of X and less of Y at the new equilibrium, since your receiving more from the last dollar spent on X than Y. Now the price of X rises. Since we are at an equilibrium, MUX/PX=MUY/PY. But since Px is higher, your budget curve pivots inward. With the substitution effect you consume less of X and more of Y. With the income effect you consume less of both goods (since real income has decreased). Therefore at the new equilibrium, you consume less of X and the amount of consumption of Y depends on the relative strength of the two effects. (6) You are willing to accept risk for rewards. For example, you are willing to take real tough courses at UCD because if you do well, it will look like you are a hard worker on your transcript (and that is a good thing). Okay, the reward is what could be on your transcript but the risk is that you MAY pull down your GPA. Draw an indifference curve for your two â€Å"goods†, risk and reward for your decision to take or not take the hard courses. Put the good, reward, on the X axis. What do micro-economists call these two goods with respect to the indifference map? Now, suddenly you are really afraid to take the hard courses (that is, you now have a greater fear of failure). How does that change your indifference map? You have upward sloping indifference curves between risk and reward, i.e. for a given level of utility; if you face more risk then you require more rewards to keep you at that level of utility. You consider risk to be a bad good while reward to be a â€Å"good† good. Since you are afraid to take hard courses, you require more reward for taking the same risk to induce you to take that course. Hence the indifference curves become flatter. (7) The price of good X is $2. The price  of good Y is $6. You have income of $30. In the case where you prefer to consume X, what will your indifference map look like? Give a numeric example of how much of the two goods you will consume in equilibrium. What will be the ratio of the marginal utilities of these two goods? What exactly will be the level of your utility at equilibrium? At the equilibrium, your MRS equals the price ratio. Hence MRS=1/3. Consider the utility function, U(x,y) =xy. Hence MRS = y/x. At equilibrium, x=3y. The budget equation is 2x+6y=30. Hence at the equilibrium, 12y=30, i.e. y=2.5 and x=7.5. u(x,y) = 18.75. (8) Automobile bodies and automobile wheels are perfect complements. Normally, four wheels are consumed for each body purchased. Draw the typical consumer’s indifference map for these two goods, auto bodies, and auto wheels. What can you say about the point of equilibrium for the typical consumer of these two items? Indicate the point of equilibrium on the diagram for lower and higher levels of personal income. At the point of equilibrium, a consumer consumes only an integer amount of the two goods. He consumes x cars and the corresponding amount of wheels, i.e. (4*x) since you require 4 wheels for each car. Your equilibrium is at the point where the budget curve is tangent to the indifference curve, i.e. at the kink of the IC’s. Suppose a person has income sufficient to buy only one car. The his equilibrium point is at L. Compared to this a relatively higher income level individual will consume more number of cars, say like point H at his equilibrium. (9) With respect to three goods – ice cream, green tea, and digital cameras, what does it means when your preference for, and satisfaction gained from, these three goods are consistent with the assumptions of completeness, transitivity, and (what I call) the â€Å"pig theory† of demand. When preferences are said to be complete, it implies that you can rank the three goods in terms of your preferences between them. It can never be the case that you don’t know your preference ranking between two goods. When your preferences are said to be transitive then if you prefer x to y and then y to z, then it must be the case that you prefer x to z. If not then your preferences violate transitivity. If preferences satisfy completeness and transitivity then as the price of the good increases the demand for the good falls. This is the pig theory of demand. (10) What does it mean when we say that the MRS is A NEGTIVE VALUE on the indifference curve? Indifference curves are downward sloping and the level of utility is constant along an indifference curve. As you give up some unit of the good on X axis, say X, you need more of the good on Y axis, say Y, to keep your utility level constant. Hence the slope of the indifference curve, which is the MRS, i.e. the ratio in which you are will to substitute one good for the other while remaining at the same level of utility, is negative. It is negative since as the amount of X decreases, Y has to increase. (11) If your equilibrium point between two goods X and Y is a CORNER SOLUTION, and you are on the X axis, what does that indicate about the relation between your personal MRS between X and Y and the market determined price ratio Px/Py? Why is this a corner solution? In case of corner solution, at the equilibrium the price ratio and the MRS are not equal, unlike in the case of an interior solution. Since you are on X axis and hence consuming only X and zero amount of Y, the MRS =∞, i.e. no amount of Y can increase your utility level for the given level of X. (12) If your equilibrium point between two goods X and Y is a CORNER SOLUTION, and you are on the Y axis, what does that indicate about the relation between your personal MRS between X and Y and the market determined price ratio Px/Py? Why is this a corner solution? In case of corner solution, at the equilibrium the price ratio and the MRS are not equal, unlike in the case of an interior solution. Since you are on Y axis and hence consuming only Y and zero amount of X, the MRS =0, i.e. no amount of X can increase your utility level for the given level of Y. (13)How might an indifference curve map indicate your personal preferences if you believe in the following: Coke is just as good as Pepsi You consider Pepsi and Coke to be perfect substitutes for each other and hence your indifference curves will be straight lines. I hate rainy days and just love sunny days. You consider rainy days to be bad goods. Given rainy days is on the vertical axis and sunny days are on the horizontal axis, your indifference curves are upward sloping with utility increasing along the horizontal axis. Compared to everything else I could possible buy, I absolutely, positively want an Audi tt sports car. Having an Audi is your satiation point or your bliss point. Hence your indifference curve are concentric circles around this point. Baskin-Robbins Jamoca Almond Fudge ® ice cream is so addictive. flavor is absolutely huge!. My craving for this If the fudge ice cream is on the horizontal axis, then your indifference curves are relatively steep, i.e. you are willing to give up the ice cream only if you receive relatively large amounts of the other goods in compensation. I like ice cream, but under very few circumstances will I eat yoghurt. You consume ice cream and yoghurt in a particular combination. Hence these two goods are considered as perfect complements of each other but with greater weight on ice creams. Therefore your indifference curves are L shaped. (14) Draw an indifference map where at your point of consumption your MRS between X and Y is 3 and the price of X is $1.00 and the price of Y is $1.00. Is there anything you can do to raise your level of satisfaction? If so, what is it? If increasing your utility is possible, where do you want to  end up on the diagram and why? The MRS =3 while the price ratio is =1. Hence you are not at the optimum. At the utility maximizing point we require MRS=PX/PY. i.e. MRS=MUx/MUy = PX/PY, i.e. MUx/Px=MUy/Py. In this case we have, MUx/Px=3 while MUy/Py =1. Hence you are getting more utility from the last dollar spent on X than from Y. Therefore you can increase your utility by consuming more X and less Y. (15) Draw an indifference map where at your point of consumption your MRS between X and Y is 1 and the price of X is $3.00 and the price of Y is $1.00. Is there anything you can do to raise your level of satisfaction? If so, what is it? If increasing your utility is possible, where do you want to end up on the diagram and why? The MRS =1 while the price ratio is =3. Hence you are not at the optimum. At the utility maximizing point we require MRS=PX/PY. i.e. MRS=MUx/MUy = PX/PY, i.e. MUx/Px=MUy/Py. In this case we have, MUx/Px=1/3 while MUy/Py =1. Hence you are getting more utility from the last dollar spent on Y than from X. Therefore you can increase your utility by consuming more Y and less X.  (16) The Addictive Foods Corporation wants you do purchase and eat as much of its possible as is humanly possible. So Addictive Foods designs a pricing strategy to encourage this result. Given your own utility preferences for products of the type marketed and sold by Addictive, what is the likely shape of your budget constraint? Where might you end up on this constraint? If the pricing campaign is totally successful, where might most people end up on the constraint? The budget constraint is likely to be relatively flat (assuming food is on the horizontal axis) since Addictive Foods Corporation would charge a  relatively lower price. Given your preferences, you are likely to end up consuming relatively large amounts of food. If the pricing strategy is successful most people would end up to the right of the midpoint of their budget constraint, i.e. they would consume relatively large amounts of food. (17) The Greenie Energy Corporation wants you to conserve your household energy use – electricity and gas. So Greenie designs a pricing strategy to encourage this result. Given your own utility preferences for the energy marketed and sold by Greenie, what is the likely shape of your budget constraint? Where might you end up on this constraint? If the pricing campaign is totally successful, where might most people end up on the constraint? The budget constraint is likely to be steep (assuming that energy is on the horizontal axis). Greenie Energy Corporation would charge a relatively high price to discourage usage of   energy. Given your preferences, you are likely to end up consuming relatively small amounts of energy. If the pricing strategy is successful most people would end up to the left of the midpoint of their budget constraint, i.e. they would consume relatively small amounts of energy. HW 2. (1) What does â€Å"homogeneity† of demand mean? If the prices of all goods rises by 10% and you get a 10% income raise, what happens to your â€Å"real† income and purchasing power. If you were to represent this situation on an indifference map as you consumed goods X and Y, how would you show it? Homogeneity of demand is x(p,m) = x(ap,am), i.e. as income and prices increase by same proportion, the demand remains unchanged. If the prices of all goods rise by 10% and income increases by 10%, then your real income and purchasing power remains unchanged. On the indifference map you remain at your initial equilibrium. (2) You consume two goods, X and Y. You really prefer X to Y. Also for you Y is an Inferior good. X is a Normal good. Starting from an initial position of equilibrium, you face a sudden rise in income. Go re-establish a new equilibrium. How would you represent all of this on your indifference map? As your income increases, given that Y is inferior, you will consume less of Y and more of X. You move to a higher indifference curve and hence attain more utility since the budget set has expanded. (3) You are in equilibrium on your indifference map with respect to X and Y. Your income does not change, but the price of X falls. You move to a new point of equilibrium on the indifference map. Show: Where you end up if both X and Y are normal goods. Where you end up if X is normal and Y is inferior. Where you end up if X is inferior and Y is normal. Now: Show the impact of the income and substitution effects with respect to your consumption of the good X in each of the three cases. Are the substitution effects different in each of these three two cases? As the price of X falls you will consume more and X and less of Y under the substitution effect. This holds across the three cases.  In case of X and Y being normal goods, a fall in the price of X increases your real income and hence with the income effect you consume more of both X and Y. At the new equilibrium you will consume more X and the amount of Y consumed depends on the relative strengths of the substitution and income effects. In case of X being normal and Y being an inferior good, a fall in the price of X increases your real income and hence with the income effect you consume more of X and less of Y. At the new equilibrium you will consume more X and the amount of Y consumed falls. In case of X being an inferior good and Y being a normal good, a fall in the price of X increases your real income and hence with the income effect you consume less of X and more of Y. At the new equilibrium your consumption of X and Y depends on the relative strengths of the substitution and income effects. For instance, if the substitution effect is stronger then you will consume more X and less Y. (4) What is a Giffen Paradox? If the good X is subject to a Giffen Paradox, show with indifference curve, how you would respond to a sudden rise in the price of X. Show the income and substitution effects with respect to your consumption of X after the price rise. According to the Giffen paradox as the income increases, you consume less of the good. For a given rise in price of X, the substitution effect induces you to consume less of X and more of Y. Since your real income has reduced, the income effect induces to consume more X (by Giffen paradox) and the consumption of Y reduces. At the new equilibrium, the final consumption of X and Y depends on the relative strength of income and substitution effects. If the income effect is stronger, then you will consume more X and less of Y at the new equilibrium. (5) Using indifference curve analysis, show how a TAX on the consumption of the good X can be less satisfactory from a satisfaction standpoint (utility standpoint) than a tax that raises the equivalent amount of money on income. A tax on X changes the price ratio and budget curve pivots inward. Let e1 be the new equilibrium point. For an equivalent tax on income, the new budget line will pass through this point parallel to the original indifference curve. The indifference curve at the equilibrium e1 cuts the budget curve with tax on income. Hence you move to a new indifference curve which is tangential to the budget curve with income tax, with the new equilibrium lying to the right of e1 and hence on a higher indifference curve. (6) Using indifference curve analysis, show how a unit TAX on the consumption of the good X that is completely reimbursed back to the consumer can lead to less satisfaction than before, even when the entire tax amount is handed  back to the consumer. (7) You are in equilibrium on your indifference map in your consumption of X and Y. The price of X drops. Show where you might end up if X and Y were complement goods. Show where you might end up if X and Y demonstrated substitutability. In case of complementary goods, a fall in price of X results in increase in consumption of both X and Y in a given proportion (depends on the ratio in which you consume the two). In case of substitutes assume that the price ratio equals the MRS which implies that you are consuming positive amounts of both goods at your equilibrium. However once the price of X falls, it makes X relatively cheaper of the two goods and being perfect substitutes, you will spend your entire income on X and none of Y. (8) Here is a question that deals with the notion of exogenous variables and your ability to consume goods and services. Let’s say that you live on a Pacific Island with a bunch of other people. Let’s say as well is that your â€Å"profession† is to make and sell â€Å"wind kites†. This is a very desirable form of entertainment for the islanders. The market has determined the price of what you make (wind-kites), and the prices of all of the other things that you want to buy. You consume coffee and candy as goods X and Y. Your income is from the sale of wind-kites. You face two issues: First, you really want more coffee and candy than you can afford, and Second, some other people are out there also making wind-kites. So, what do you propose to do to raise your â€Å"income† (push out your budget constraint) in order to consume more of these two items that you really crave? How would you represent your successful efforts on a two-dimension graph? What if the price of coffee skyrockets? What happens to your graph? What happens to your consumption of coffee and candy if both are normal goods? What additional steps might you take to maintain your purchasing power over the goods you demand to consume? When it comes to your manufacture of wind-kites, can you think in what ways any accumulated knowledge and wisdom on the island (the past experience and  efforts of other people) helps you in your profession? Note: there are many possible answers to (8), but all follow a correct micro-economic logic. And this is an economic logic that we all face every day of our lives in the real world. I want to consume more coffee and candy but I am constrained by my budget. Hence to consume more of these goods I need to increase my budget, i.e. income and this can be done only by increasing profits from selling kites. One is to reduce the cost of manufacturing the kites which will in turn lead to higher profit margins on each unit of kite sold. Also there are others selling wind kites. To increase sales revenue, I can also lower my price, but this requires the demand for kites to be inelastic and my price cut should not be matched by the other kite sellers. If I can increase my income then I can consume more of the two goods and hence move to a higher indifference curve at the new equilibrium.  However if the price of coffee increases, then under the substitution effect I consume less of coffee and more candy. But my real income has fallen and thus the income effect induces me to reduce consumption of both goods. At the final equilibrium, I will consume less coffee. The relative consumption level of candy depends on the strength of substitution effect relative to the income effect. If I can make use of accumulated knowledge and wisdom on the island, then it will help lower my costs of production and thus increase my profit margin on each unit sold. (9) Simple, but important. What is the difference between a â€Å"shift in demand† (an increase or decrease in demand) and a â€Å"change in the quantity demanded†? What do these concepts have to do with endogenous and exogenous variables? A shift in demand implies movement along different demand curves. A demand curve shifts when an exogenous variable changes. A change in quantity demanded is a movement along the demand curve. A change  in demand occurs when the endogenous variable varies. (10) Now here is a challenge. If you can work through the answer to this problem and understand it, you will have an insight as to what can drive national economic and most especially foreign policy of a country like the United States. The GDP of the USA is almost 70% consumption of goods and services by individuals. It is desire and possibility to consume all these goods that provide incentives for businesses to   make the goods and therefore provide employment and income for hundreds of millions of people.  Just about all of the goods that we consume and use in the USA are made with petroleum (oil) as an input. Soap, plastics, machines, medicines, and (obviously) gasoline and diesel fuel are examples. Suppose we had an indifference curve that showed the relationship between the consumption of all oil and oil-based goods (X) and all other goods (Y) for all Americans. Show what would typically happen in terms of income effects, substitution effects, and welfare loss if the US suddenly faced a large rise in the price of imported oil. A large rise in the price of imported oil would make imports relatively expensive. Given that 70% of income is spent on imports, the increase in price of imports significantly reduces the purchasing power of income and you move to a lower indifference curve. Hence there is a large reduction in welfare. (11) An issue facing just about all consumers (ALL OF US) is that of trying to move out the budget constraint (increasing purchasing power through a rise in income). I admit, I want that too. Using indifference curve analysis, we see how movements in income can â€Å"compensate† for price changes. Let’s say you were faced with a rise in the general price level for the goods you desire to consume. How would this impact your position in the budget-constraint indifference curve diagram?  Now, remembering the diagram about earnings and wage-power that I put on the board in an early lecture, think of ways that you could try to remedy this situation, right now? Remember the three factors that will determine how  much purchasing power you will have over the goods and services that others in the community produce (should you WANT to consume them). What resources are there in the community that can help you solve this problem? (This is a very practical and real-life question that should make our ECN 100 theory more relevant to you.) A general rise in the price of goods would shift the budget constraint inward, i.e. your budget set contracts since the purchasing power reduces. This induces you to move to a lower indifference curve. The lower purchasing power can be compensated for by increasing the number of hours worked (i.e. by reducing leisure enjoyed). Alternatively, you can invest your income in inflation-indexed bonds which will prevent your purchasing power from decreasing. (12) Which of the two phrases that follow would indicate a demand curve moving vertically or horizontally?  An article that coffee is healthy results in people drinking more coffee at any price. An article that coffee is healthy results in people wanting to pay more for coffee no matter how much they drink.  The first article indicates a shift of the demand curve. The article induces people to change their tastes and hence consume more coffee at the same price. (13) If he price of coffee rises from $3 to $4 per pound and as a result you lower your consumption of coffee from 4 pounds per week to 3 pounds per week, what is your personal elasticity of demand for coffee? Is your demand elastic or inelastic at this point? The elasticity is given by e=(dQ/dP)/(P/Q) = -1*(3/4) =0.75. Your demand is inelastic at this point since ebagels purchased? What can Noah expect to happen to his total revenue earned after this price increase of the bagel? Why would a typical business desire a demand curve for its product that is as least elastic or as inelastic as possible? We can assume that the price elasticity for Noah’s Bagels is inelastic if it is less than 1. We can define price elasticity as, e= (% change in demand)/(%change in price). Since demand is inelastic, e If the price elasticity of demand is inelastic, then as the price increases, the total revenue will increase. If the price elasticity of demand is elastic, then as the price increases the total revenue falls. For unitary elastic demand, for changes in price, the total revenue remains unchanged. (16) If a linear demand curve has a slope of One, what is the value of the price elasticity of demand on this demand curve at its midpoint? What is the value of the price elasticity on the curve above the midpoint? Below the midpoint? For a linear demand curve of slope=1, we have dQ/dP=1. At the midpoint, P=Q. Hence e=(dQ/dP)/(P/Q) =1. For any point above the midpoint, PQ, thus e1 and for any point below the demand curve, P  changes for coffee, why is it that the demand curve would ALWAYS be downward sloping. Show how this demand curve would be determined using the indifference map and budget constraint diagram for a typical coffee consumer. The substitution effect induces the consumer to consume more of the relatively cheaper good. Hence as the price of a good increases you will substitute away from it. Hence the demand curve under the substitution effect is downward sloping. An increase in the price of X pivots the budget curve inwards around the vertical intercept. To capture the substitution effect, a new budget curve where the real income is held constant is defined. The initial equilibrium is at e0. For the budget curve to the right of e0 lies below the original budget curve and hence was already affordable. Hence the consumer will consume to the left of e0 under the new equilibrium. Hence as the price of X increases, the substitution effect induces the consumer to reduce the consumption of X. (19) Let’s say the commodity â€Å"X† is a Giffen Good. Using the indifference map and budget constraint for the typical consumer of this good, show how the combination of the substation and income effects results is an UPWARD SLOPING demand curve for â€Å"X†. For a given rise in price of X, the substitution effect induces you to consume less of X and more of Y. Since your real income has reduced, the income effect induces to consume more X (by Giffen paradox) and the consumption of Y reduces. At the new equilibrium, the final consumption of X and Y depends on the relative strength of income and substitution effects. If the income effect is stronger, then you will consume more X and less of Y at the new equilibrium. Hence as the price of X increases, you consume more of X and hence the demand curve is upward sloping. (20) This next question is related for (6) above and is repeated for emphasis. Your government wants you to consume less Coffee. It believes that the caffeine in coffee is harmful to your health. Thus, your government decides to place a tax on your purchase of coffee. Coffee is a NORMAL good.  This tax is a FIXED PERCENTAGE of the price (amount of money) you pay to this product. For every dollar you spend on coffee, you pay a â€Å"t† percent tax on that dollar. Therefore the more money you spend on coffee, the more tax you pay. BUT, your government feels sorry for you and decides to rebate back to you the tax you pay on the coffee that you purchase (all of it). With the rebate, you can do what you wish. Please use the tools we have developed thus far in the course to show: (1) The original consumer equilibrium before the tax and the impact of the tax on the budget line and the new consumer equilibrium after the imposition of the tax. (2) The impact of the tax rebate on the consumer and the new consumer equilibrium after the rebate. (3) How the new consumer equilibrium with the rebate leaves the consumer â€Å"worse off† than had the tax not been levied in the first place. Since you are moving to a lower indifference curve after the rebate, you are worse off under this system. (21) If potatoes are an inferior good, how would we show that to be the case using a simple calculation of the income elasticity of demand for potatoes? Income elasticity can be defines as, ei = (dQ/dI)/(I/Q). Since potatoes are inferior goods, as the income increases you consume less of it, i.e. (dQ/dI) Assuming that the demand is linear, i.e. it is a straight line joining (0,10) and (10,0), the consumer surplus for P=5 will be half the area of the triangle enclosed by the demand curve. Hence consumer surplus =  ½*[1/2*10*10] =$25. Consumer surplus on a unit sold is the difference between what the consumer is willing to pay for that less the amount he actually has to pay. Therefore the lower the price he has to actually pay relative to his willingness to pay, greater is his consumer surplus and hence greater the welfare.

Thursday, November 14, 2019

Gas Chromatography :: essays research papers

Gas Chromatography Purpose:   Ã‚  Ã‚  Ã‚  Ã‚  The purpose of the gas chromatography lab is to find out how different substances interact with the surface of a solid. Chromatography is a separation technique that depends on the relative distribution of the components of a mixture between a mobile phase and a solid stationary phase. Chromatography measures the tendency of a substance to interact with the surface of a solid or to remain in a mobile phase. When doing a chromatography lab the mobile phase has to be a substance that is either in a liquid or a gas state. In this lab the mobile phase was a gas, which is why this is called a gas chromatography lab. The different gases tested in this lab were CHCl3 and CH2Cl2. It is determined to what extent a gas interacts with the solid by injecting a known amount of the mobile gas into the carrier gas and then measuring the concentration that comes out at the end of the column. From this there was a detector that transferred the information to a computer we re it was graphed. The tendency of the gas to interact with the solid is determined by the number of theoretical plates. A substance that interacts more strongly with the surface of the solid will take more time to be carried across the stationary phase. Procedure:  Ã‚  Ã‚  Ã‚  Ã‚  The pieces of a Gas Chromatograph are the gas supply, injector, column and the detector. The gas supply, or carrier gas, is the gas from the valves at the lab tables. First a coil had to be made out of copper, which would serve as the burner for the detection system. A pipet was used as the column to put the solid stationary substance into. The solid phase in this experiment was Tide. The pipet was filled with Tide detergent and cotton was inserted in both end of the pipet. The column was then secured horizontally to a ring stand using clamps. The tip of the column should be in a vertical position. The copper coil is then placed in the vertical part of the column with the coil about 1/8† above the end of the column. It is important that the copper coil be placed at the right height because if it is too low the flame will not get enough air and if the copper is to high the flame will burn below the coil.

Monday, November 11, 2019

Othello as a Tragic Hero

Shakespeare uses techniques, characters, language, structure and form to present Othello as tragic hero. He exposes his tragic flaw, which consequently leads to his downfall. Othello conforms to the Aristotelian principles of tragedy, of the noble protagonist who undergoes ceaseless manipulation and endures suffering, resulting in his ultimate downfall due to hamartia. All of these techniques combine to provide a different perception of the protagonist, as more of an atypical victim, exposed to the harsh reality of the society he longs to fit into, rather than a typical hero. A tragic hero is a person who initially is well-respected and holds a high esteem within society. They are of high moral worth and are highly ambitious in what they set out to achieve. A single mistake or character flaw can, however, bring them to ruin, with a loss of everything that they possess. In the discussion of whether Othello fits the role of a tragic hero, the following concepts need to be considered. Firstly, as befitting a tragic hero, Othello holds an important role. He is well-respected and admired by all. Secondly, through a character flaw and the added complication of external forces working against him, he suffers a dramatic fall from grace. He loses all that he held dear- his wife, his status, his position, and the respect held by others of him. The tragic hero comes up against a force or events which serve to bring this fatal flaw to the surface. In Hamlet, it is his indecision which comes to the surface as a result of his mother's ‘o'er hasty' remarriage. It is interpreted that Othello’s fatal flaw is in fact jealously. But jealousy is not an emotion or state of being that can exist on its own. It requires other things to feed it and n Othello’s case this is insecurity. Othello is in fact set in an extremely racist period and this does cause him to feel insecure and vulnerable, which renders him more open to Iago's manipulation. Iago does not pray on Othello’s jealousy, he prays on his insecurity and uses Othello's race and colour to place Othello in a bad light. In Othello, it is the force of Iago's ruthless manipulation and accusations against Desdemona and Cassio which bring Othello's gullibility to the surface. Hamartia is a very important aspect of the play and Shakespeare uses it to better the audiences understanding of the events that are unfolding. Othello is oblivious to the fact that Iago is taking advantage of his fatal flaw of jealousy. â€Å"Oh beware jealousy: it is the green-eyed which doth mock that which meet it, feed on. The cuckold lies in bliss†. This quote from Iago proves that he knows Othello more than Othello knows himself, and so, takes advantage of his personal flaw, using it to his own, deadly advantage. Despite Othello’s actions, there is a lesson to be learnt and the audience are compelled to maintain some feeling of sympathy towards him. The sympathy of the audience towards Othello’s character is largely due to his lack of understanding of the unforseen evils in the world around him. These evils are personified by Iago. Othello's nobility, morals, values and ideals, all play a part in the unravelling of his personality. Iago who’s equivocal but evil deception and manipulation of Othello's emotions presents the audience with a strong-willed but fragile character. Othello appears ill-equipped to understand a character such as Iago, and this gains the audiences sympathy. If we are to accept that a tragic hero is one that possesses the image of valour, nobility and honour, but in weakness cannot contain the manipulation of those mannerisms, then in the end we must come to the conclusion that he is indeed a tragic hero. Othello as a Tragic Hero Othello is character created by Shakespeare that â€Å"fulfils the conditions and requirements of a tragic hero (Bhattacharyya 123). † This is for the reason that Othello’s character exhibits what Aristotle refers to as the tragic flaw that ultimately caused his downfall. Just like any other classic tragic hero, he has innate flaws despite being a seemingly virtuous character in the eyes of his fellows. Somehow, despite the perfection that the character displays, he possesses a weakness that is so inevitable that eventually consumes him and causes evil to others and the character himself.In Shakespeare’s plays, â€Å"the strengths that raise the characters to the noblest heights become the points of vulnerability that lower them to the most profound depths (Cahn 325). † Background of Othello Othello is a tragedy that is written by Shakespeare right after Hamlet. While there are palpable similarities that are noticed of the two plays such as resemblances in style, diction, and versification, Othello can stand on its own as one of the best tragic plays that Shakespeare has been known for despite the fact that Hamlet remains the most famous.The heroes of the play are so unlike but still exhibit characteristics that would qualify them into Aristotle’s definition of the tragic hero. The general character of a man that is â€Å"exceptionally noble and trustful† but has to â€Å"endure the shock of disillusionment† is employed by Shakespeare first in Hamlet and then to Othello. This is what makes these dramas along with King Lear and Timon regrouped together as having distinctions to the rest of the tragedies of Shakespeare.However, despite these similarities, Othello is the first tragic hero created by Shakespeare that is not only an exceptional man but also a huge man living a small world that made him tower over his fellows. More than this, the peculiarity of Othello is that it leaves the most painful and the most te rrible impression of all the plays of Shakespeare (Bradley 175-176. ) It is a story of death and of betrayal that originally sprung from jealousy and false beliefs. Othello is a Moor that has secretly married Desdemona, the daughter of Senator Brabantio.He is described as a benevolent and noble military man while her wife is one the most pure and innocent characters in Shakespeare’s plays. Moreover, Othello is also known to be having a strong belief in religion and a man of good judgment. However, despite these positive attributes imbued upon him by Shakespeare, he also created a character that will surely uncover the tragic flaw that is within Othello. Iago has always displayed tendencies of being a villain but Othello remained to be trustful of him. His naivetà © and innocence triggered Iago to plot evil plans against him.Upon the evil plans of Iago, he was persuaded to kill his own wife for the belief that she was being disloyal to their marriage. These evil plans of Iago commenced when he got jealous of Michael Cassio’s appointment as a Lieutenant instead of himself. Because Othello was the one who appointed him, he started feeling a deep grudge against him. He then plotted on making Othello’s life miserable with regards his marriage and his status as a Moor. He succeeded in making Othello believed that Desdemona is having intimate relationship with Cassio.Iago took advantage of Othello’s trusting nature for him to accomplish his plans. Othello mercilessly killed his wife in the bedchamber despite her pleadings and claims of innocence and purity. He has been blinded by jealousy and false belief that Iago has implanted in his mind. In the end, he has learned that his actions were nothing but surges of anger, jealousy, impulsiveness, and false judgment. In the end, he was convinced of his wife’s innocence through the testimonials of Emilia, Lodovico, and Roderigo. He then admitted his sins and decided to take away his life .Before he killed himself, he beseeched the remaining people to listen to him speak. His last speech reminisces his heroism in the state. He also desires to be remembered as someone who loves not wisely but someone who loves too well (Bhattacharyya 31). Aristotle’s Tragic Hero and Tragic Flaw in Othello Poetics by Aristotle is the best source with regards the structure, purpose, and effect of the Greek tragedy. In the words of Aristotle, a tragic hero is: [O]ne should not show worthy men passing from good fortune from good fortune to bad†¦. Nor again wicked people [mochtherous] passing from bad fortune to good †¦.Nor again the passing of a thoroughly bad man [poneron] from good fortune to bad fortune †¦. There remains then the mean between these [ho metaxy]. This is the sort of man who is not pre-eminently virtuous and just [ho mete arà ªte diapheron kasi dikaiosyne], and yet it is through no badness or villainy of his own that he falls into the misfortune, bu t rather through some flaw in him (qtd in Goodkin 39). According to him, a tragic hero is primarily a character of noble stature and greatness. This means that the character occupies a high position in the society he is living in.Moreover, he should also exhibit nobility and virtue (Defining Tragedy). In the case of Othello, his character is that of a high ranking official in the military. Apart from this, he is also highly respected by the people of the state. He has gone to many wars and came back victorious. He is an epitome of a benevolent soldier that deserved his position as a Moor in the Venetian State. Aside from being blessed with a noble stature in the society, he is also happily married to Desdemona, the daughter of the Senator which has also an equal high standing in the society.Second, though a tragic hero is portrayed as great, he can never be perfect. Just like any other living being, he has his own flaws despite having an elevated position in the society that mere mo rtals can never identify (Defining Tragedy). In the case of Othello, his naivety and his trusting nature are recognized to be his flaws that bring about the tragic flaw in his character that ultimately lead to his downfall. These particular characteristics that Othello possesses were the ones taken advantage by Iago to make his plans prosper. Iago has always been consistently portrayed as a villain.As a matter of fact, there are several instances that would hint Othello of his evil intents and backstabbing such as in the case where he conspired with Roderigo in his pursuit for the love of Desdemona. Even when he displayed character of dishonesty, Othello was too innocent and naà ¯ve to distrust everything that he says, recommends, or suggests. Until it came to a point that he was too blinded to think and decide for himself and was already persuaded by Iago’s evil intentions. Furthermore, because of his inability to discern the truth from fallacy, he murdered his wife without having any appropriate reason to do it.Because of him being overtly consumed by jealousy and false belief that his wife cheated on him, he committed the worse sin he ever had. This murder furthermore leads to his suicide, his final downfall. Third, the tragic hero’s downfall is attributed to his own actions and intentions. It can never be ascribed to accident, fate, or in any other external reasons. Furthermore, the tragedy that will happen to the character will be triggered by his own personal error, whether it is in judgment, in action, or in his inaction. This is now what Aristotle calls the tragic flaw which is the very reason of his fall (Defining Tragedy).According to Cahn, a tragic flaw is a â€Å"fatal weakness or error in judgment that propels a character to a tragic end (325). † In the case of Othello, his fatal weakness causes his error in judgment. We will notice that these would form a series of events that will lead to the character’s downfall. At the onset, his naivety and innocence as discussed in the earlier paragraph made him so gullible. This gullibility and vulnerability then made it easy for Iago to deceive him of believing that Desdemona has adulterous relationship with Cassio. This deception is followed by jealousy that blinded Othello.He then was too consumed with jealousy that he was unable to neither investigate nor evaluate the facts of the events. Once he had decided to revenge his honor and his bruised ego, he then committed a crime that will also cause him his life. The death of Desdemona woke his senses. With the realization that he has committed such a fatal sin, his regret once again consumed him that lead to him taking his life Fourth, the hero’s fall would not be â€Å"wholly deserved. † Somehow, the punishment that the character has is excessive of what should he have as a consequence of his tragic flaw (Defining Tragedy).In the case of Othello, the death of Desdemona is more than a punish ment for his gullibility and naivety. More so, his death is an excessive penalty for his fatal weakness. Fifth, the fall leaves the tragic hero some awareness and self-knowledge (Defining Tragedy). In the case of Othello, the death of Desdemona not only made him regret but also to get back to his senses. He decided to find out the truth by extracting testimonials from Imilia and Lodovico. Most importantly, he recognized the innocence of Desdemona.He died knowing that up to her death she remained faithful to him. Lastly, while the tragedy would arouse pity, fear, and other unhealthy emotions, it does not leave its audience depressed. Especially in a Shakespearean tragedy, the audience wouldn’t feel that the hero is a â€Å"poor mean creature. † Even when the character leads a tragic and wretched end such as death, he still remains to be hero to the eyes of the audience. This is for the reason that the phase that he underwent is a fact that is pardonable for a hero to co mmit. His greatness remains even with his downfall.

Saturday, November 9, 2019

The Sons Veto

The Sons Veto Thomas Hardy was an English novelist and poet and his story ‘The Sons Veto’ is based on the rigid class system popular in Victorian England. At that time, women were perceived as having a diminutive purpose with little independence. The restrains of society were clearly seen in Sophy’s character. Hardy opens the story with a detailed description on a woman’s hair. He comments on the fashion of that time. Her name was Sophy and she was born in the country village of Gaymead in a remote nook of North Wessex.As a young girl, she worked as a parlour maid in the house of the reverend, Mr. Twycott. Sophy had a young man named Sam Hobson, a gardener in the village. After a few months, Sophy wanted to leave her job and marry Sam but couldn’t do so after Mr. Twycott’s wife died. She decided to stay back and also had a quarrel with Sam regarding her decision. As time progressed, Mr. Twycott realized how dependent he was on Sophy. He became ill and whilst he was ill, Sophy brought his meals to him.One day, she slipped on the stairs while taking the tray down. She twisted her foot in the fall. Mr. Twycott’s health became better although Sophy was no longer able to walk. The parson felt guilty for her and asked her to marry him; she felt as though she was unable to refuse and felt obligated to marry him in order to be socially accepted. She married the vicar out of respect and not love. She was more concerned over her future and knew that any marriage would mean that she would have a home and a good lifestyle in the imminent years.As the story progresses, Mr. Twycott dies and Sophy raises a son all by herself. The author sets up a social detachment between Sophy and her son, Randolph through the language they speak. Sophy could not formulate sentences correctly and her incorrect grammar would blatantly annoy Randolph. Sophy as a woman had her deficiencies. One day while sitting by her window, she found her childh ood friend Sam. They get together after so many years and after a few days he proposes to her.When she talked to her son he was positive about the idea of remarriage but became angry when he found out that the man was a farmer. In a fit of rage, he made her swear on the cross that she would never marry Sam. One may also interpret it to be Sophy’s fault, which wouldn’t be incorrect, however Randolph gains a sort of power over her eventually leading to her death that could have been avoided had he not been so full of pride for himself.

Thursday, November 7, 2019

globalism essays

globalism essays Globalization is an historical process that began with the first movement of people out of Africa into other parts of the world. Traveling short, then longer distances, migrants, merchants, and others have always taken their ideas, customs, and products into new lands. The melding, borrowing, and adaptation of outside influences can be found in many areas of human life. .At the same time, some inevitably particular problems have risen along with the development of it. You may wonder ,why we should settle the problem in these international fields through the cooperation .Take the environmental pollution as an example. It is clear that the earth is a integrated one which is the only proper and beautiful lanet for us to live on .So the problem of the international nature only can be solved by an unified manner that needs many people devoting to them . Therefore ,we need many experts and generalists on various aspects to recover and protect our home earth! According to de world band report ,the nest 50years could see a fourfold increase in the size of the global economy and significant reductions in poverty but only if governments act now to avert a growing risk of severe damage to the environment and profound social unrest .without better politics and institutions, social and environment strains may derail development progress leading to higher poverty levels and decline in the quality of life for everybody. In the first place, we may consider, what is the circumstance like today in global competent we need many people who can understands each other precisely and logically when the communication are needed in the cooperation and intercourse .So the language is the premiere issue to address the further question in future. Now most of us consider the English as the world language so that all of the nations should support the education on the English to nurture more students who can master it to make a friendly relatio...

Tuesday, November 5, 2019

Definition, Examples of the Rhetorical Term Epanalepsis

Definition, Examples of the Rhetorical Term Epanalepsis (1) Epanalepsis is a rhetorical term for the repetition of a word or phrase at regular intervals: a refrain. Adjective: epanaleptic. (2) More specifically, epanalepsis may refer to repetition at the end of a clause or sentence of the word or phrase with which it began, as in Next time  there wont be a  next time (Phil Leotardo in  The Sopranos). In this sense, epanalepsis is a combination of anaphora and epistrophe. Also known as inclusio. EtymologyFrom the Greek, resumption, repetition Pronunciation e-pa-na-LEP-sis Examples Always Low Prices. Always. (Walmart slogan)Rejoice in the Lord always: and again I say, Rejoice. (The Bible, Phil. 4.4)In the run-up to Christmas, we will publicly disembowel anyone heard using the phrase in the run-up to Christmas. (Michael Bywater, The Chronicles of Bargepole, Jonathan Cape, 1992)Music I heard with you was more than music,And bread I broke with you was more than bread. (Conrad Aiken, Bread and Music, 1914)He is noticeable for nothing in the world except for the markedness by which he is noticeable for nothing.† (Edgar Allan Poe, The Literati of New York City. Godeys Ladys Book, Sep. 1846)Say over again, and yet once over again,That thou dost love me . . .. (Elizabeth Barrett Browning, Sonnets from the Portuguese)â€Å"Imagine me, an old gentleman, a distinguished author, gliding rapidly on my back, in the wake of my outstretched dead feet, first through that gap in the granite, then over a pinewood, then along misty water meadows, and then simply between mar ges of mist, on and on, imagine that sight!† (Vladimir Nabokov, Look at the Harlequins! McGraw Hill, 1974) Possessing what we still were unpossessed by,Possessed by what we now no more possessed. (Robert Frost, The Gift Outright)They went home and told their wives,that never once in all their lives,had they known a girl like me,But . . . They went home. (Maya Angelou, They Went Home)The man who did the waking buys the man who was sleeping a drink; the man who was sleeping drinks it while listening to a proposition from the man who did the waking. (Jack Sparrow, The Pirates of the Caribbean)We know nothing of one another, nothing. Smiley mused. However closely we live together, at whatever time of day or night we sound the deepest thoughts in one another, we know nothing. (John le Carrà ©, Call for the Dead, 1961) Epanalepsis in Julius Caesar Romans, countrymen, and lovers! hear me for my cause, and be silent, that you may hear: believe me for mine honour, and have respect to mine honour, that you may believe. (Brutus in Act III, scene two of Julius Caesar by William Shakespeare)By repeating hear and believe at both the beginning and end of successive lines, Brutus emphasizes to the crowd that these are the two main things he desires: for the crowd to hear him and, more significantly, to believe what he is about to say regarding the assassination of Julius Caesar. Epanalepsis in Little Dorritt Mr. Tite Barnacle was a buttoned-up man, and consequently a weighty one. All buttoned-up men are weighty. All buttoned-up men are believed in. Whether or no the reserved and never-exercised power of unbuttoning, fascinates mankind; whether or no wisdom is supposed to condense and augment when buttoned up, and to evaporate when unbuttoned; it is certain that the man to whom importance is accorded is the buttoned-up man. Mr. Tite Barnacle never would have passed for half his current value, unless his coat had been always buttoned-up to his white cravat. (Charles Dickens, Little Dorritt, 1855-1857) Epanalepsis in James Joyces Ulysses Don John Conmee walked and moved in times of yore. He was humane and honoured there. He bore in mind secrets confessed and he smiled at smiling noble faces in a beeswaxed drawingroom, ceiled with full fruit clusters. And the hands of a bride and bridegroom, noble to noble, were impalmed by Don John Conmee. (James Joyces, Chapter 10 of Ulysses, 1922) Notes on Epanalepsis in Prose Epanalepsis is rare in prose, probably because when the emotional situation arises that can make such a scheme appropriate, poetry seems to be the only form that can adequately express the emotion. (Edward P.J. Corbett and Robert J. Connors, Classical Rhetoric for the Modern Student. Oxford University Press, 1999)When epanalepsis is used in prose, it often creates sentences that stand alone as aphorisms: Nothing can be created out of nothing (Lucretius). Men of few words are the best men (Henry IV 3.2). (Arthur Quinn and Lyon Rathbun, Epanalepsis. Encyclopedia of Rhetoric and Composition, ed. by Theresa Enos. Taylor Francis, 1996)The fourth-century grammarian and rhetorician Tiberius lists epanalepsis as a rhetorical figure, but at the conclusion of his explanation uses the term analepsis instead: Epanalepsis is when the same word is placed twice in the same clause or in the same sentence, with the same context. ... Public speakers use analepsis at the beginning, in the same way as palillogia, but Homer used it also at the end. (Joachim Burmeister, Musical Poetics, trans. by Benito V. Rivera. Yale Univ. Press, 1993)

Saturday, November 2, 2019

Budgetary Control in the Organization Essay Example | Topics and Well Written Essays - 2000 words - 4

Budgetary Control in the Organization - Essay Example In the current world, organizations use budgets as a tool for to determine and measure their goals and objectives (Gervais, Heaton & Terrance 2011). In addition, it is used as a tool to measure capacity and abilities of management who set targets for the organization. The budget allows executives of the organization to set quantitative objectives and provides financial interpretation to these objectives (Bennouna, Geoffrey & Marchant 2010). Therefore, organizations use budgetary control techniques to plan, monitor, and coordinate the distribution of value money to the respective departments within their structure (Kaplan & Norton 2006). This is one of the major reasons that the budgetary control is one of the significant elements in performance management as the budgetary control allows an organization to determine its performance in the sustaining market (Bennouna, Geoffrey & Marchant 2010). In addition, it allows management to evaluate the relationship between corporations and capi tal markets (Bennouna, Geoffrey & Marchant 2010). This document highlights the significance of budgetary control techniques; it further analyzes budgetary control and its limitation in the capital market. Â  The organization operates in various segments, classified on the basis of its functions and programs (Bennouna, Geoffrey & Marchant 2010). These segments have unique and distinct objectives according to their performance and tasks (Bhimani & Bromwic 2009). Organizations make use of Budget techniques to strategically plan their actions to structure the organization and to sustain motivation of their employees to attain objectives of the business (Stedry 2011). Performance management is related to the activities undertaken by management to ensure that goals of the organization are effectively and efficiently met (Gervais, Heaton & Terrance 2011).