Davis Surname Meaning and Origin

Davis Surname Meaning and Origin Davis is the eighth most normal family name in America and one of the 100 most regular last names in both England and Wales. Last name Origin: Welsh, English Substitute Surname Spellings: Davies (Welsh), David, Davidson, Davison, Daves, Dawson, Dawes, Day, Dakin I'm not catching Davis' meaning? Davis is a typical patronymic last name with Welsh sources meaning child of David, a given name that implies adored. Fun Facts In the United States, Davis is one of the ten most basic last names. The variation Davies, be that as it may, is scarcely in the best 1,000 most regular last names. In Great Britain, this last name fame is turned around. There, Davies is the sixth most normal last name in general, while Davis is the 45th most regular family name. Where Do People Named Davis Live? As indicated by WorldNames PublicProfiler, the Davis last name is most generally found in the United States, particularly in the southern conditions of Alabama, Mississippi, Arkansas, South Carolina, and Tennessee. It is additionally a typical last name in Australia, the United Kingdom (particularly southern England), New Zealand, and Canada. Ancestors positions Davis as the 320th most normal last name on the planet, with the most elevated numbers found in Jamaica, Anguilla, and the Bahamas, trailed by the U.S., Liberia, and Australia. Well known People with the Surname Davis Jefferson Davis, President of the Confederate States of America.Miles Davis, compelling American jazz artist.Angela Davis, political thinker and dark force activist.Captain Howell Davis, Welsh pirate.Sammy Davis Jr., American entertainer.General Benjamin O. Davis,â leader of the Tuskegee Airmen during World War II.William Morris Davis, father of American geology. Sources Beider, Alexander. A Dictionary of Jewish Surnames from Galicia. Avotaynu, June 1, 2004. Cottle, Basil. The Penguin Dictionary of Surnames. (Penguin Reference Books), Paperback, second Edition, Puffin, August 7, 1984. Davis Surname Definition. Ancestors, 2012. Hanks, Patrick. A Dictionary of Surnames. Flavia Hodges, Oxford University Press, February 23, 1989. Hanks, Patrick. Word reference of American Family Names. first Edition, Oxford University Press, May 8, 2003. Hoffman, William F. Clean Surnames: Origins and Meanings. First Edition, Polish Genealogical Society, June 1, 1993. Menk, Lars. A Dictionary of German Jewish Surnames. Hardcover, Bilingual version, Avotaynu, May 30, 2005. Rymut, Kazimierz. Nazwiska Polakow. Hardcover, Zaklad Narodowy im. Ossoliå„skich, 1991. Smith, Elsdon Coles. American Surnames. first Edition, Chilton Book Co, June 1, 1969.

Module 3 Essay Example | Topics and Well Written Essays - 1000 words

Module 3 - Essay Example The story is about the child of a man who is a potential illegal conflagrationist: setting horse shelters ablaze. This story is worked of various characters including Abner the dad, Sarty the child and the remainder of the family: spouse and girls alongside the individuals this family interact with. In any case, Faulkner utilizes Barn Burning to be a story that focuses on the assessment of Sarty Snopes. In spite of the fact that this article isn't composed from the perspective of the character himself, there are sure minutes all through the story that uncover the peruser with his feelings. With such a huge number of characters it is inconceivable for the peruser to be not able to increase a genuine significance of what the story depicts. The fixation on Abner’s character permits a profound comprehension of mankind and the intuition which forces every person to build up a connection to family. In Barn Burning, Abner is a dim effect on his young child. The hero powers his kid to dig in a dedication so profound, that foul play and sin are disregarded during the time spent securing one’s own family. The story creates as Sarty sees the underhanded deterrent made by his dad in his own development. His consistent conviction that the dad will change â€Å"Maybe he has done fulfilled now, presently that he has† However, at long last, the kid is compelled to surrender his unwaveringness as a feeling of honesty soaks in. In spite of the fact that this admission prompts terrible outcomes, following the demise of the very man Sarty has been passionately securing, the judgment appears to break the youngster who â€Å"He got up†¦.He didn't look back.† Thus, Barn Burning is an obvious depiction of family and the human brain that digs to ensure the sacrosanct bond. It likewise shows the critical outcome that follows when this bond is broken. The Chrysanthemums is another story which focuses on the significance of character to a story. In this story, the fundamental subject of

Fall Travel Day 1 Hartford

Fall Travel Day 1 Hartford Overall, a good first day on the road. Woke up early, packed for the first leg of the trip, left Boston. (Note to self: pack the night before, otherwise one is bound to forget things when one is rushing to get out the door.) Made good time to Hartford; checked into the Hilton (didnt see Paris or Nicky though) and grabbed the MIT boxes that were waiting for me. Headed over to GHAMAS to meet Howard Thiery, the director. Totally cool guy. I mean, how can you not be cool when your last name is Thiery and youre the director of a math/science academy? I know the spellings not a perfect match, but its close enough for me. After that meeting (which included discussions on everything from admissions to the point at which upper-level math/physics becomes philosophy because its so far out there) I headed up into the senior room for the GHAMAS school visit. Robbed my uncle (who is the GHAMAS math guru) of his entire linear algebra class (sorry). A great bunch of people thanks for being so hospitable guys! Sam Lord (the new regional chair for Hartford ECs) and I had an early dinner at Wood Tap, where I got to hear all about his adventures as a student at MIT. Got back to GHAMAS to set up for the Hartford central meeting around 6PM, and thats when things started to get interesting. :-) In a nutshell, Id had trouble getting in touch with the previous regional chair and thus had to book the Hartford meeting myself (Sam didnt take over the position until after the meeting had already been booked). Id relied on the past few years Hartford numbers less than 150 in attendance. So Id booked a room that holds 150+ and figured things were all set. Last week someone clued me in to the fact that MIT had cancelled the New Haven meeting this year, and thus all of those folks would be making the trip to Hartford. Yikes. Alls well that ends well. We did have 50-75 people standing and/or sitting in the aisles if you were one of those people, I apologize once again but still the meeting seemed to go really well. Folks asked great questions at the end, and the other details went flawlessly. GHAMAS has phenomenal facilities I literally just plugged in my laptop and all of the audio/video was instantly rockin (usually we have to bring that stuff with us). They had a free parking garage steps from the meeting location, and the campus is in a good central Hartford location. If we do the meeting there again next year (and I hope we will), well move to the theater, which holds a few hundred more. Sorry again to everyone who had to stand. I got a tour of GHAMAS after the meeting wow. They dont have chalk boards they have these things that look like big white boards but are hooked up to computers so that after the class each GHAMAS student can download everything the teacher wrote. This may sound normal to you guys, but to me (a 92 high school grad) this was mind-blowing. Ah, technology. Finally got to my hotel room around midnight and here I am. TIRED! See some of you tomorrow in New York.

Lufthansa Airlines Study to Offer Cheap Flights for the Business Travelers Free Essay Example, 2500 words

As already mentioned the number of companies establishing their set-ups in foreign countries has grown over the years. This has increased the number of travelers traveling for business purposes. This has been a primary reason why the business travelers segment has been chosen by Lufthansa Airlines. The frequency of such travels has increased and this provides a prospective market for the company to exploit. The number of high wealth individuals has also been increasing over the years. Very often, these establishments require their personnel to fly to the foreign branches for official purposes. This trend has been showing a significant rise in the Information technology sector across the world. Often personnel in the less developed and developing nations want to travel to foreign nations for work purposes. This is because, as they move to a wealthier nation, their salaries are automatically increased according to the currency of the developed nation. Such types of personnel are incr easing with the increase in the number of multinational establishments. Thus it would be beneficial for this company to tap this market. As the conditions of a wealth of individuals are improving, so are their chances and possibilities of spending on business travel. We will write a custom essay sample on Lufthansa Airlines' Study to Offer Cheap Flights for the Business Travelers or any topic specifically for you Only $17.96 $11.86/page Thus taking this venture showed prospects for future success. Most importantly, the European market has been demonstrating an increase in the number of business trips than most continents. This has been shown in the results of recent surveys.

Origins Of The Twin Revolutions - 1287 Words

Yevgeniya Erdyniyeva Instructor –Ibrahim Bilal History 3005 December 1, 2015 What were the origins of the â€Å"twin revolutions† and how did they combine to create what we call â€Å"modernity†? Modernity, it is a macro process of transition from traditional to modern society. â€Å"Formation of a modern political map of the world began in early 1800 in Western Europe and maybe characterized as the product of the twin revolutions.† European colonization of the New World, the economic and political development of new territories led to significant changes in the political map. Modernity it is a complex of multi-faceted process that took a place in Europe during the 18th century and had covered all aspects of society. The modernity of the production meant the industrialization - is constantly growing use of machines. In the social sphere modernization is closely linked with urbanization, an unprecedented growth of cities, which led to prevailing in the economic life of society. In the political sphere modernity meant the democracy of political structures, laying the preconditions for the formation of a civil society and rule of law. In the spiritual realm associated with secularization -: the release of all spheres of public and private life from the separation of religion and the church, their worldliness and intensive development of literacy, education, scientific knowledge. All of these are inextricably linked to each other processes of change emotional attitudes of man,Show MoreRelatedMy Personal Experience Of My Family1126 Words   |  5 Pages For twenty years I have lived in my current family of origin.   Since I have not yet left, I have no other family with which to personally compare it.   I was born into a rather small two-parent household with my immediate family consisting of only me and my parents.   While independent, we all have close, personal relationships with each other.   I feel I had a secure attachment style.   I would consider my family to be rather â€Å"standard† and â€Å"normal† and wouldRead MoreThe Terror Of Osama Bin Laden1120 Words   |  5 Pagesdeclaration of Jihad,† on August 23, 1996 deals with Osama bin Laden order to sanction a defensive war (jihad) after he gained refuge in Afghanistan. Osama bin Laden is a well-known terrorist and is the leader and founder of al-Qaeda. In 1979, the origins of al-Qaeda can be traced back to this year because that is when the Soviets invaded Afghanistan. Originally, Osama bin Laden used al-Qaeda as a way to enlist Muslim into t he resistance. After, the Soviets left not shortly after the United StatesRead MorePortrayal Of Immigrants In America. Out Of All The Stories1249 Words   |  5 Pagesdramatically scripted as the tale of the United States of America and her immigrants. Like a Shakespearean tragedy that never ends, this story is full of romantic plots dating back to its inception: with a heroic plight of a nation borne by gun-blazing revolution and glory; fueled by the brave journeys of immigrants, dreams, and a future paved in golden freedom. Unfortunately, tragic as its nature, this narrative has panned out awkwardly—seemingly worsened century by century. In present day America, theRead MoreA Time of Peace and Cooperation between the United States and Iran1392 Words   |  6 Pagestime where there was peace and much cooperation among the Iranians and Americans? Today I am here to tell you that despite our current and recent hostile relationship with the country of Iran it was not always th at way. I will take you through the origins of this relationship between these two countries throughout the Cold War all the way up until now. I will expand upon the key people that were involved and what their roles were well as the conflicts that arose between these two countries that broughtRead MoreThe Banning Of Movies On Lgbt, Religion, Laws, And History1532 Words   |  7 PagesHindu legal text called Manu Smriti. This excerpt explains the third gender as such: A male child is produced by a greater quantity of male seed, a female child by the prevalence of the female; if both are equal, a third-sex child or boy and girl twins are produced; if either are weak or deficient in quantity, a failure of conception results (3.49). The third gender is also defined as not procreative according to The Vedas, a Hindu scripture. However, it is viewed negatively as the third genderRead MoreThe Amazing Spider-man Essay823 Words   |  4 Pageshigh school student who, like everyone else, has insecurities and anxieties. Due to the mask, the public did not know his identity. Spider-man could be anyone giving a sense that he is ‘the superhero who could be you’2. This idea started a comic revolution, which later resulted in comics such as The Incredible Hulk, and X-men3. An article by Christopher Conway introduces and idea that â€Å"The Amazing Spider-man† can be seen as an ‘extension of a conservative view of politics and public life.’ This claimRead MoreRacial Prejudice And Superstition During The Age Of Discovery Europeans1403 Words   |  6 Pagesreference to faraway lands and lacked the ability to merge the accounts of people from distant regions with those in the religious texts (Banton, 2010). According to Fuerst (2015), some prominent scholars of the time advocated the ideology of separate origins as an answer and proposed that the variation of people represented different human species. This presumption was based on the reigning paradigm of the time that recognised consistency of form as differences in species and human differences as moreRead MoreThe Field Of Psychology And Psychology Essay2127 Words   |  9 Pageseven more promising future. Within the past century, there has been a growing demand for the need of cou nseling and mental health support than ever before. Thanks to the determination and skilled research teams around the world, a psychological revolution is shedding light over the darkness of what is mental illness. One of those researchers is Thalia C. Eley, a Professor of Developmental Behavioral Genetics at the Institute of Psychiatry at King’s London College in London, England. Eley specializesRead MoreThe First Name Of The Child1574 Words   |  7 Pages I have realized that, â€Å"her first name is a form of the name Ivelisse. The child’s first name is of French origin; however it is still used and pronounced in Spanish speaking countries† (Name Yvelisse, 2014). In addition to that, â€Å"the child’s middle name is a form of the American name, Jamila which is also heard in Spanish speaking countries but is of Arabic, Spanish, and Swahili origins† (Name Yamile, 2013). Yvelisse’s mother’s last name is Rodriguez while her fatherâ €™s last name is Garcia deRead MoreThe Monsters And Their Origin1412 Words   |  6 PagesMonster Stephen T. Asma has given an analysis of the monsters and their origin. Besides, he gives a definition on the fears of human beings regarding the monsters. The prejudices and fears date back to prehistory and the developments in evolution that have occurred throughout in humanity. The prehistory gives an account of the concerns that people have in today s world. The author uses the term monster to describe myths and physical deformities. Stephen Asma uses the term to describe that there

Love for Goodness’ Sake Plato’s Symposium Free Essays

Socrates says, â€Å"In a word, then, love is wanting to possess the good forever† (206B). Naturally, it would be my inclination to agree with this statement; however, love is much more complex than Socrates’ definition. Love is the desire to always be happy, and finding goodness is the key to happiness. We will write a custom essay sample on Love for Goodness’ Sake: Plato’s Symposium or any similar topic only for you Order Now Love brings the good out of our souls to guide our lives. We search for goodness in love, yet surrendering to love and desire (eros) is what brings out our goodness. The happiness that love provides encourages the individual to be his or her best self, which is how we ultimately live our lives around goodness. Plato’s Symposium teaches this catch-22: in searching for goodness in love, we discover the goodness within our own souls. A person faces choices every day; with every decision there is the option of acting morally or shamefully. Most people aim to make moral choices, but regardless of the decisions people make, every person has an inherent ability to distinguish acting shamefully and morally. Whether this ability is something a person is born with or is developed through education from one’s parents is irrelevant; it’s important to notice that individuals are aware of their acts before they love someone. When someone falls in love—or is overcome by desire—he or she becomes acutely aware of his or her actions and usually makes a conscious effort to make good choices. In seeing the goodness of the ones a person desires, he or she is reminded of the importance of portraying one’s good qualities. This is the heart of Phaedrus’ argument, that â€Å"there is a certain guidance each person needs for his whole life†¦and nothing imparts this guidance†¦as well as Love† (178D). He continues to argue that the best possible society would be full of lovers and their beloveds because all of its members would be constantly aware of being their best selves in the presence of their loved ones. Phaedrus contends that surrendering to eros brings out an individual’s goodness, but he doesn’t address whether this goodness exists when a person is living without Love. Aristophanes discusses his belief that people fall in love when they find the their â€Å"other half† who fills them with a sense of completeness. He tates, â€Å"It’s obvious that the soul of every lover longs for something else; his soul cannot say what it is† yet he pursues the feeling of unity and completeness that love provides (192D). This sense of wholeness comes from finding the goodness within oneself when a person is with his or her matching half. Socrates disagrees with Aristophanes’ argument because he doesn’t know that each person’s other half is good. The concept of having a matching half may provide comfort to some, but it implies that each person should only have a desire for one person. It is very common for people to love multiple people through the course of their lives. Aristophanes may not be incorrect in saying that every soul is searching for its matching half, but the key part of his argument in this context is that when a person finds someone he or she loves, that person feels a sense of fullness. I believe this sense of feeling of fulfillment comes from rediscovering the good within oneself. The argument in the Symposium that most emphasizes this point is that of Socrates. He believes that everyone is pregnant, either physically or mentally. Those who are pregnant physically bear children; this is their way of spreading life and goodness into the world. Those who are have a pregnant soul bear wisdom, creativity and beauty into the world. Both forms of pregnancy leave behind a small piece of goodness and the process of pregnancy proves that this goodness begins within the individual. A woman has most of what is required to make a baby within her body before finding a lover. She has healthy organs that make her body function, and she is capable of maintaining her body. She has eggs in her ovaries that are waiting for a lover to fertilize them. When she finds a lover, his sperm combines with her egg and a beautiful baby develops. Both the man and the woman have all of the ingredients to create offspring, but the unity of the lovers is required to complete the process. In the same way, each individual has wisdom within their souls, but it’s necessary to combine two souls to expose the goodness to society. The process of bringing beauty and wisdom into the world through spiritual pregnancy is more abstract than physical pregnancy, but is equally important. In the same way that a physical lust develops between lovers, souls can crave each other. Socrates states that the soul is drawn to other beautiful and developed souls, and these people connect through intellectually stimulating arguments—they give birth to new ideas and thoughts. He believes that, â€Å"when [a person] makes contact with someone beautiful and keeps company with him, he conceives and gives birth to what he has been carrying inside him for ages. And whether they are together or apart, he remembers that beauty† (209C). Here, Socrates says that the beauty, truth, knowledge, and goodness were all contained within the lover before the relationship was established; it is through dialogue that this beauty is exposed. Being aware of displaying our good behaviors and trying to impress our loved ones can be a good thing, but sometimes one’s heightened awareness of goodness can make him or her feel inferior. When Alcibiades crashes the philosophers’ dinner, he begins his speech of praise for Socrates, but quickly Alcibiades reveals his overwhelming sense of mediocrity when in Socrates’ presence. â€Å"Yes, he makes me feel ashamed,† Alcibiades confesses, â€Å"I know perfectly well that I can’t prove he’s wrong when he tells me what I should do; yet, the moment I leave his side, I go back to my old ways† (216B). Alcibiades believes he will never be good enough for the pious and goodness-filled Socrates. Alcibiades admits that he strives to be his best self in front of Socrates, but he lapses into old habits when they are apart. Alcibiades declares, â€Å"my whole life has become one constant effort to escape from him and keep away, but when I see him, I feel deeply ashamed, because I’m doing nothing about my way of life, although I have already agreed with him that I should† (216B). Therefore, Alcibiades is aware that he has the potential to be good, but he only has the strength to be noble when he’s with Socrates. The tragedy is that Socrates doesn’t want to take Alcibiades as a lover, leaving the latter to suffer through life feeling lonely and inadequate. Alcibiades should remember that he has the power to be moral and display his goodness, which could in turn lead him to another lover. All of the philosophers whose ideas I’ve discussed above reveal that love brings out the good in each of us, but I believe that the good is contained within the individual before exposure to a lover. We seek lovers because we crave the reminder to always be our best selves. We take pride in acting morally, and we feel good when others recognize our good behavior. We have desire for someone when we see his or her beauty and goodness, and we hope to be desired for our goodness as well. When two lovers come together, there is a feel of unity because there’s an understanding that both people will be noble for each other. People are compelled to stay with a lover for the entirety of their lives because they want to continue to be full of goodness. When we are without a lover, we may feel lonely and can lose touch with our internal goodness. We crave love because we need the constant reminder to be our highest selves—the self we are most proud of. Because Love makes us extra aware of our goodness both internally and behaviorally, it’s important to remember that we have the power to be our noblest selves at any time, with or without a lover. Therefore Socrates was right after all: love is the desire to hold on to the good in our lives forever, and being with a lover is the best way to constantly be aware of being our best selves. How to cite Love for Goodness’ Sake: Plato’s Symposium, Papers

Business Model Generation Strategy †Free Samples to Students

Question: Discuss about the Business Model Generation Strategy. Answer: Introduction: JetBlues success has been developed on low cost and customer friendly business strategies. JetBlue presents itself as a cost-sensitive and the no-nonsense airline which is dedicated to providing convenient and quality services to the customers at a lower cost. Through its hybrid business model, JetBlue successes rebuilt itself after the 2007 snowstorm crisis that paralyzed its operations (Wei, et al., 2013, p. 88). In the intense competitive airline industry, customers enjoy a high bargaining power because of numerous choices. Customers only choose services at a lower price. Likewise, airlines use price as a competitive strategy (Brown, et al., 2007, p. 123). Hybrid business model is defined as a mix of several models with an aim of creating a competitive strategy. In the airline industry, the model is a combination of low-cost effectiveness and broader and diversified routes and services that were traditionally offered by the legacy carriers. The legacy carriers use low-cost strategies, point to point routes, and franchised regional routes to increase their load factors as well as gaining passenger traffic (Sekhar, 2009, p. 67). To compete with the legacy carriers, JetBlue, a low-cost carrier, combine both long haul and short-haul routes. Conversely, the airline has also ventured into inter-regional and international routes. Although the model is short-lived and needs to be reviewed from time to time, it has helped JetBlue to enter the markets that were previously controlled by the legacy carriers (Mazzucato, 2002, p. 55). First, there is a rise of PRASM resulting from Domestic Operations. PRASM refers to Passenger revenue per available seat mile. PRASM is a fundamental metric in the industry. During the 2015/16 period, legacy carriers such as Delta, American, and United faced the adverse decline of their unit revenue after the dollars strengthening against other currencies. Travelling from other countries to the US was expensive which led to revenue reduction by 8% compared to the previous year. However, JetBlue remained immune to the fluctuation of the foreign currency as a result of its huge presence in the domestic market. JetBlues unit revenue rose during the period while its stock grew by 56% to a high of $27.4 per share. This was an achievement considering that the shares of legacy carriers decline by approximately 10%. Therefore, JetBlues domestic presence played a major role in outperforming its competitors (Crowther Seifi , 2015, p. 55). The second factor is a low cost advantage. Considering that JetBlue relies on low-cost strategy and its dominance in the domestic market, it enjoyed a cost advantage over other competitors. Cost advantage was used by JetBlue to penetrate into territories previously controlled by larger airlines hence generating a high revenue margin. Actually, JetBlues profit margin grew by 14% as compared to 7% of the industry (Osterwalder Pigneur, 2010, p. 137). Realizing that the oil prices were likely to be non-sustainable in the long term, JetBlue invested in fuel-efficient aircraft as a strategy to keep its operations expenses low. With lower unit costs combined with low-cost advantage, there is a higher probability of JetBlue extending its margin in the future. Third, JetBlues entry into the high-value market was another advantage to its competitiveness. With its Mint premium services, JetBlue now serves the high-value San Francisco and Los Angeles markets. The services targeted towards corporate and elite passengers has enhanced the airlines passenger traffic. The popularity of the Mint premium service is associated with affordable high-quality services. With the services of the services in the two markets, JetBlue decided to venture into the Boston-Los Angeles and Boston-San Francisco routes (Crowther Seifi , 2015, p. 66). Fourth, JetBlue enjoys customer satisfaction. Customer satisfaction is a major driver of business success. When customers are satisfied, they remain loyal to the company as well as attracting new customers through the word of mouth. Loyalty and expansion of customer base translate into an increase in revenue. JetBlue enjoys highest customer satisfaction score in the industry compared to its competitors (Viardot, 2017, p. 65). Fifth, JetBlue enjoys higher aircraft utilization rate in the industry. Compared to the legacy carriers, domestic carrier airlines like JetBlue utilizes its aircraft better which results in low operating costs. Short distance trips allow a high number of trips covered in a year. High utilization of aircraft increases revenue and profit margin (Raghunath Rose, 2017, p. 39). It is believed that JetBlues domestic presence and low-cost advantage gives it the ability to outdo its closest competitors. With the hybrid business model in place, the airline has an upper hand of outperforming larger competitors in the future as well. With the Mint service and the ability to penetrate into high-value market, JetBlues sustainability in the long term is predictable. References List Brown, J., Schiling, C. Wuerffel, D., 2007. The Competitive Edge: How to Win Every Time You Compete. New York: Tyndale House Publishers, Inc. Crowther, D. Seifi , S., 2015. Corporate Governance and International Business. 1 ed. London,UK: Bookboon.com. Mazzucato, M., 2002. Strategy for Business. 1 ed. London: SAGE Publications Ltd . Osterwalder, A. Pigneur, Y., 2010. Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. 1st edition ed. New York: John Wiley and Sons. Raghunath, S. Rose, E. L. L., 2017. International Business Strategy. 1 ed. London,UK: Palgrave Macmillan. Sekhar, G. V. S., 2009. Business Policy and Strategic Management. 1 ed. New Delhi: I. K. International Pvt Ltd. Viardot, E., 2017. The Timeless Principles of Successful Business Strategy. 2 ed. Berlin Heidelberg: Springer-Verlag Berlin Heidelberg. Wei, W., Zhu, W. Lin, G., 2013. Approaching Business Models from an Economic Perspective. 1 ed. Berlin Heidelberg: Springer-Verlag Berlin Heidelberg.

SAT Essay Scoring The Real Story

SAT Essay Scoring The Real Story SAT / ACT Prep Online Guides and Tips It's 17-19 days after your SAT test date, so you log into the CollegeBoard website, eager to see how you did. You look at your essay score and see...â€Å"9.† You check for more detail in your score report and see that Grader 1 gave you a 5, Grader 2 gave you a 4...and that's it. So how are SAT essays graded, and how can you use this information to your advantage? Read on to find out! feature image credit: Iffy explains it all by Quinn Dombrowski, used under CC BY-SA 2.0/Cropped and resized from original. A Quick Look Into SAT Essay Grading The first thing you do when you sit down to take the SAT is the 25-minute essay section. Once you write your essay (as well as the rest of the test), though, what happens to it? Your essay is scanned and uploaded to an essay grading interface and graders then grade it. SAT essays are currently graded on a scale of 1-6 by two graders, giving you a total essay score out of 12. This score out of 12, along with your raw score on the SAT Writing multiple-choice questions, is factored into your total SAT Writing score. If the two graders give you scores more than 1 point apart (i.e. if one grader gives your essay a 2 and another gives your essay a 4), a third essay grader will be brought in to resolve the issue. Your SAT essay scores are based on each essay grader’s impression of your essay as a whole, which is why the SAT essay is said to be graded "holistically." You don’t get a certain number of points taken off for grammar mistakes or for organizational issues, as you might on a normal school essay. In fact, graders are trained to ignore minor errors in grammar, sentence structure, and so on. Important note: In March 2016, the SAT essay will be changing in format and grading structure, so some of this information may not be accurate for that test. Check back for updates! SAT Essay Scoring: Official Policy How are graders supposed to grade? I've copied the official policy from the CollegeBoard below: â€Å"The SAT Scoring Guide expresses the criteria readers use to evaluate and score the student essays. The guide is structured on a six-point scale. Since the SAT essay is scored holistically, readers are trained to use the SAT Scoring Guide in conjunction with anchor papers, which have been scored by consensus as representative examples. The language of the Scoring Guide provides a consistent and coherent framework for differentiating between score points, without defining specific traits or types of essays that define each score point.† What's the SAT Scoring Guide? While I've written another article that goes into detail about the SAT essay grading rubric, I'll give a quick rundown of its main points here: Point of View, Logic, and Support You must: Have a clear opinion on the prompt (a thesis). Make sure you clearly answer the essay prompt, both in your introduction with a thesis statement and over the course of your essay. For example, take the essay prompt were "Are important discoveries the result of focusing on one subject?" Your thesis (and your essay) should clearly answer this question, preferably with a "yes" or "no" (SAT essays that try to answer "sort of yes, sort of no" tend to be weaker, since you only have 25 minutes to write your essay). You must: Use specific examples to support your point. You can't just say "my point of view is correct because it is" and be done. Instead, you need to use specific examples from history, literature, pop culture/current events, or your own life to support your thesis. You must: Explain these specific examples in a way that supports your thesis. It's also not enough to just write your thesis and then describe a specific example - you also need to explain why that example supports your thesis. Organization and Focus You must: Keep your essay organized. This means sticking to a clear essay structure (with an introduction, body paragraphs for each example, and a conclusion) as well as making sure your thoughts are organized within each paragraph. Vocabulary and Word Choice In order to score highly, you must: Use a wide variety of vocabulary correctly. It's good to use advanced vocabulary, but only if you're using the words correctly. You can get away with a few errors, but if your word choice starts to seriously affect the meaning of your sentences, your essay score may drop. Sentence Structure In order to score highly, you must: Use a variety of sentence structures. As I've said in other articles, this is the area that I struggle the most with under time pressure. As long as you don't start multiple sentences in a row with the same word (oops) or write sentences that all have the same underlying structure (e.g. "Gandhi was a great leader. India was in trouble. The world was watching."), however, you should be fine. Grammar, Etc. You must: Use standard written English grammar. Again, it's all right to make minor errors in grammar and punctuation in your essay - graders are trained to overlook minor issues. If your essay has consistent issues with grammar that make it difficult to understand your reasoning, however, this will affect your essay score. SAT Essay Grading in Practice Essay graders don’t grade based on how correct your statements are. This means that you can write things like "My friend was killed by a polar bear because he didn't go to the instructional course about how to deal with bear attacks" or "The Scopes Monkey Trial ended with Scopes being executed for his belief in evolution" and the graders will have to take it as true. My reaction when I first learned this: WHAT. How can that be true?! So I investigated further and found the reasons that lie behind this rule. Because SAT essay scorers don’t have time to fact check each and every fact in each and every essay, they must take everything you write in your essay as true. Plus, the stated purpose of the SAT essay assignment is to "show how effectively you can develop and express ideas" in 25 minutes. The CollegeBoard understands that under the time pressure of a 25-minute essay students will sometimes write things like "World War I took place in the early 1800s" (instead of "the early 1900s"). As long as your statements logically support your thesis, you're in the clear (although if you write things that don’t make sense that undermine your main point, your essay grade will suffer). Second, while there’s nothing in the publicly available official guidelines that say how long each grader has to grade, interviews with and articles by former SAT essay graders have provided further information about the grading process: if an essay scorer takes longer than 2-3 minutes to grade each essay, she has to be "retrained." This process is annoying, as the grader has to grade a series of pre-graded essays and make sure she's within a point of the grade before she can get back to grading actual student essays. Graders may also be forced to retrain if they run into a prescored essay that's been thrown in among the student essays and don't score it within one point of the score. To avoid all of this retraining, graders will sometimes score in the middle of a range to stay on the safe side. For example, if an essay is at least a 4, a grader might score it a 5 because that grade is within one point of a 6 OR a 4 (and might be right on target with a 5). Interior of a beet sugar factory showing centrifuges (CHS-2496) by Ashley Van Haeften, used under CC BY 2.0/Cropped from original. "These score results show the need for retraining. Let us return Grader 18927 to the vat." What Does This Mean for Your SAT Essay? Now that you know a little more about the official SAT essay grading policies and the reality of SAT essay grading, how can you use this information to write higher-scoring essays? Don’t hide your thesis. Graders spend 2-3 minutes per essay or else face a retraining penalty. They will not be happy if they have to hunt all over to find your point of view, so state your thesis clearly in your introduction. Be organized. Again, because the grader is spending a short amount of time on your essay, you want to make it easier for her to follow your logic. You can make a few mistakes. As long as errors in your grammar, punctuation, and spelling don’t significantly affect the readability of your essay, your essay's graders won’t penalize you for it. Similarly, as long as the facts you use in your essay logically support your thesis, it doesn't matter if they're actually true or not. For instance, you could completely change the plot of a novel like George Orwell's Animal Farm, and as long as the changes you've made make logical sense, the graders must not penalize you for it. What’s Next? Curious about what standards SAT essay scorers are using to grade your essay? Go into more detail on this topic with my article on the SAT Grading Rubric. Now that you know how your essay is scored, find out what's a good SAT essay score and compare it to the average SAT essay score. Get more insights on the SAT essay with our strategies for the SAT essay, based on stories of former SAT essay graders. Want to improve your SAT score by 160 points? Check out our best-in-class online SAT prep program. We guarantee your money back if you don't improve your ACT score by 4 points or more. Our program is entirely online, and it customizes what you study to your strengths and weaknesses. If you liked this SAT Essay lesson, you'll love our program.Along with more detailed lessons, you'll get your SAT essays hand-graded by a master instructor who will give you customized feedback on how you can improve. We'll also give you a step-by-step program to follow so you'll never be confused about what to study next. Check out our 5-day free trial:

Ten Ways to Avoid Gender Bias

Ten Ways to Avoid Gender Bias Ten Ways to Avoid Gender Bias Ten Ways to Avoid Gender Bias By Mark Nichol How do you write around the outmoded usage of the pronoun he or him when a male is not necessarily the subject of the reference? Here are ten strategies none ideal in every circumstance for achieving gender neutrality. 1. Use He or She Before: â€Å"Ask the student whether he is prepared to give a presentation.† After: â€Å"Ask the student whether he or she is prepared to give a presentation.† This solution is stiffly formal and is awkward in repetition; use sparingly. Using he/she, s/he, or any such alternative (or an invented neutral pronoun like ze) is not advised. 2. Alternate Between He and She Before: â€Å"Ask the student whether he is prepared to give a presentation. If he is ready, tell him that he may begin when he is ready.† After: â€Å"Ask the student whether he is prepared to give a presentation. If she is ready, tell her that she may begin when she is ready.† This solution works only in the case of two or more references to a hypothetical subject of either gender. In the proximity of the references in the examples, this solution is awkward, but when the references are at some distance from each other, it can be effective in moderation. 3. Omit the Pronoun Before: â€Å"Ask the student whether he is prepared to give a presentation.† After: â€Å"Ask whether the student is prepared to give a presentation.† This revision does not clearly indicate whether the student or another person is being asked; writers must recognize and respond to such lack of clarity if it affects comprehension. 4. Repeat the Noun in Place of the Pronoun Before: â€Å"Ask the student whether he is prepared to give a presentation.† After: â€Å"Ask the student whether the student is prepared to give a presentation.† When the noun is repeated in the proximity shown above, the sentence is awkward; in a more complex sentence, the repetition may not seem so obvious. 5. Use a Plural Antecedent for the Pronoun Before: â€Å"Ask the student whether he is prepared to give a presentation.† After: â€Å"Ask the students whether they are prepared to give their presentations.† Employing a plural noun and a plural pronoun may change the meaning somewhat; writers must be alert as to which other nouns, if any, should be made plural as well. 6. Replace the Pronoun with an Article Before: â€Å"Ask the student to prepare his presentation.† After: â€Å"Ask the student to prepare a presentation.† 7. Revise the Sentence to Use the Pronoun One Before: â€Å"A prepared student is more likely to succeed than if he has not done sufficient research.† After: â€Å"A prepared student is more likely to succeed than an unprepared one.† 8. Revise the Sentence to Use the Pronoun Who Before: â€Å"A student is more likely to succeed if he does sufficient research.† After: â€Å"A student who does sufficient research is more likely to succeed.† 9. Revise the Sentence to the Imperative Mood Before: â€Å"A student must be well prepared for his presentation.† After: â€Å"Be well prepared for the presentation.† 10. Use a Plural Pronoun Before: â€Å"Ask the student whether he is prepared to give a presentation.† After: â€Å"Ask the student whether they are prepared to give a presentation.† Many writers reject this solution because traditional grammar rules frown on using a plural pronoun when the antecedent is a singular noun. However, the bewildering absence of a gender-neutral plural pronoun in English calls for a radical solution. This one is widely used in informal writing and in conversation, and it’s commonsensical to welcome it in formal writing. That welcome, however, has not yet been forthcoming, and, regrettably, writers should use the plural pronouns them and they in place of singular pronouns with caution. Some writers reject the notion that one should avoid gender-specific pronouns in universal contexts at all. After all, why change long-standing usage that has only recently been challenged? But these writers, though sensible in the logic of their argument, are culturally insensitive and, ultimately, are on the wrong side of linguistic history. I hope, too, that integration of the singular they and them in any usage will eventually occur. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:4 Types of Gerunds and Gerund PhrasesDisappointed + PrepositionPreposition Mistakes #1: Accused and Excited

Chinese Literature unit paper Essay Example | Topics and Well Written Essays - 500 words

Chinese Literature unit paper - Essay Example During this battle, Cao Cao gave up land along and South of the Yangtze River. This text is not completely accurate because it was written by Chen Shou, an officer for the Shu Han. Once again since the Shu Han was victorious, Shou had a warped view of the Battle of Red Cliff. Although biased, Three Kingdoms: A Historical Novel is what John Woo used to make his movie Red Cliff. This historical account is the official record. No matter what biases Shou had, this is what the Shu Empire recorded at the time. This account makes more sense than The Romance of the Three Kingdoms, so most Chinese accept this account. History cannot always be revealed without the help of historians. Shou created an account that is the most credible. The Romance of the Three Kingdoms can be considered more fiction than fact. In this book is the poem, â€Å"Cao Cao Short Story†. This poem shows Cao Cao in a bad light. The following sums up how the Shu Kingdom felt about Cao Cao. The poem is like Cao Cao is the narrator. The wine before me as I sing: how long can a man’s life last?... How can I banish melancholy?- by Du Kang’s gift of wine†¦ This shows that Cao Cao was not a good leader, but a drunken depressed individual. The Romance of the Three Kingdoms also minimizes the Eastern Wu’s generals. This fanciful account is solely a product of later fictional Shu beliefs. The numbers of the soldiers were increased on Cao Cao’s side and decreased on the Shu side. The Red Cliff Battle will remain elusive in the annals of history.

Final Film Critique Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Final Film Critique - Research Paper Example The movie has gained worldwide recognition due to it being able to address a large audience on a global scale that has been able to relate with every aspect of it. This paper thus helps to provide an insight into the technical factors of the movie including things like its acting, storyline, cinematography as well as style and direction, and how the story of Juno managed to engage people all over the world and help it become worthy of receiving international accolades. Juno the film has a very basic story line as well as concept attached to the tale; it is about a young girl trying to explore the nooks and crannies of intimacy and relationships without understanding the implications that might arise along with the same. The film has been directed in a very concise manner making use of pencil stylized ‘rotoscoped’ images right from the credits in the beginning, making use of animation in order to help the audience understand the maturity level of the girl and the kind of colourful life that she always wanted to live for herself. This entire sequence took a period of seven to eight months to be mastered as each and every shot that follows Juno on her way to the medical pharmacy was taken in short screenings. The set design is incredible, assisting in providing the film with a touch of wonder. The story has been told through the eyes of Juno herself, as she takes the audience along on her woven tale of how she ended up having sexual relations with her classmate whom she did not have any feelings for. The film thus helps teenagers to explore the kind of curiosity that reigns within them, and how the same should be understood not by simply jumping in and trying things out with friends, but by reading about things and comprehending the facts about life from one’s parents first. It helps children and young adults to understand how friends might not be the best option when it comes to understanding such information about pregnancy and intercourse. T hese aspects of life are crucial to one’s existence and they must be understood well by every individual so that he is able to make his own decisions without falling into trouble or having unplanned circumstances crop up in his life. (Sciretta, Peter) Thus, the film achieved mass appeal because of the story telling as well as how the girl managed to learn her lesson without panicking much about the situation. The various characters within the movie have been portrayed in a very interesting manner. The director has taken his time to choose the main protagonists and provide them with a different twist. Juno is a young teenage girl who comes off a little strong on the first meeting with everyone. Full of sarcasm, she helps to put an indie spin on the movie and gives a very intense performance with her dominating nature and need to control everything that might not even be in her reach. However, she understands where she went wrong by getting pregnant but decides to bring about a change in a couple’s life with the help of her baby who she is willing to give up in order to make someone else happy. There was a vast amount of dramatisation in the film played by the other characters, namely Juno’s parents which helped to calm the situation by making her understand what she had gone through, and helping her come out with a solution rather than screaming at her and making her feel the pain of the

The Importance Of Capital Gearing Finance Essay

The Importance Of Capital Gearing Finance Essay Financing and investment are two major decision areas for a company. In the financial decision, the company concerns with determining the best capital structure. There are only two ways that a business can raise money debt or equity. With the right option, the business can minimize its cost and maximize company value. Bos and Fetherston (1993) described that determining debt and equity is an important financial decision faced by companies. The relationship between debt and equity is considered as capital gearing. Hence, in this report, the gearing ratio and its influence to WACC, company value and shareholder wealth will be assessed through the two major theories. Capital Gearing Capital gearing is a term describing the relationship between debt funding and equity funding in a company (Financial Management, 2007). The simplest formula for gearing ratio = (%) For example, ABC Ltd has  £1,000 of debt and  £2,500 of total assets. Thus, capital gearing of this company is: = 40% According to NGFL Wales Business Studies (2009), a company with high gearing is the one who has most of the funding coming from borrowing. It leads to reduced profits available to shareholders because of the increase in interest rate. Moreover, if interest rate increases, the financial costs of business will also go up, thereby total costs of business will rise. However, if a company has a high gearing, it is not really a bad thing. The company may need more money for their expansion activities, taking the opportunity to invest by borrowing at low rates. By using capital from borrowing, the company can take advantage of tax shields. A company with low gearing is the one who has most of the funding coming from investment of shareholders. It proves that the company is developing through reinvestment of profits, minimizing risk (NGFL Wales Business Studies, 2009). For example, in 2009, Apple Inc had Total debt/equity also known as gearing ratio at 0% (ADVFN, 2010). However, low gearing may indicate that the company is not aggressive enough to survive, and may not be seeking opportunities for growth (Pham, 2009). Thus, according to Accounting for Management (n.d.), the importance level of capital gearing is subject to various views. Effects upon WACC, company value and shareholder wealth Debt and equity Debt and equity are the two major sources of funds for a company. So, using of debt and equity proportions are the measurement tools for capital structure. (Glen and Pinto, 1998) In fact, cost of debt is generally less expensive than cost of equity. Nemethy (2010) provided two major reasons for that. Firstly, debt is a secured loan, which may be seized by the lender when the borrower cannot payment their loans. Meanwhile, equity is an unsecured loan because the shareholder cannot seize anything, they only have the right to vote at a shareholders meeting. Thus, an unsecured loan has to a higher interest rate than a secured loan. In other words, cost of equity is expensive than cost of debt. Secondly, Nemethy (2010) said that when the company issues debt in the form of bonds, they pay interest out to their investors, this interest has to be deducted by taxation. It is also called the debt tax shield. Conversely, when the company issues equity, they pay out dividends. These dividends represent corporate income, and they are subject to double taxation: one time by corporation and another time by shareholders. Thereby, the cost of debt is less than the cost of equity. With the two major reasons above, virtually all companies prefer to use debt than equity. However, the increase of debt leads to the increase of risks because when the company borrows money, they would be dependent on the lenders. UoS (2007) stated that a highly geared company may also experience difficulties in attracting fund from investors, who are not attracted by the risks involved in a high-geared company. At that time, the market price of the companys shares will fall. So, the company should choose debt or equity, and the influence of capital gearing to WACC, company value and shareholder wealth. We will assess this problem based on the two theories. The traditional view Modigliani and Miller The traditional view The traditional view of capital structure theory, based on observation and intuition, suggests that an optimum capital structure exists (Cornelius, 2002). In other words, the capital structure of a company has effected on the cost of capital. The more debt in the capital structure of a company, the lower of WACC is. The weighted-average cost of capital (WACC) represents the overall cost of capital for a company, incorporating the costs of equity, debt and preference share capital, weighted according to the proportion of each source of finance within the business (Cornelius, 2002). The formula to calculate WACC: WACC = [ x ] + [ x ] For example, a company has an issued share capital of 1,000 ordinary  £1 shares. The company wants to buy two machines with the price of a machine as  £1,000. As mentioned above, cost of debt is generally less expensive than cost of equity, so, we can assume that cost of debt = 15% and cost of equity = 20%. To buy two machines, the company needs to have  £1,000 for the second machine. There are two options for the company. Option 1: Issuing share (ungeared company) It means that the company will have 2,000 shares in total with  £1 per share. â‚ ¬Ã‚ ¢ Total equity = 2,000 x  £1 =  £2,000 = Total assets = 0% = 20% x = 20% Option 2: Borrowing (geared company) In this option, the company has  £1,000 from initial issuing shares and  £1,000 from borrowing with 15% of interest. â‚ ¬Ã‚ ¢ Total debt = Total equity =  £1,000 Total assets = Total debt + Total equity = 1,000 + 1,000 =  £2,000 = = 0.5 or 50% = [15% x ] + [20% x ] = 0.075 + 0.1 = 0.175 or 17.5% It is clear that when the gearing capital of a company increases, its WACC will decrease. According to Watson and Head (2006), the market value of a company is equal to the present value of its future cash flows discounted by its WACC. Market value of a company = Thus, when WACC of the company decreases, assuming that other factors are constant, the market value of the company increases, in other words, the company value and shareholder wealth increase. The traditional view is usually represented as follows. According to UoS (2007), from all equity financing, WACC first declines because debt financing is cheaper. At higher level of debt (beyond X), cost of equity increases because of higher risks out weights the advantage of cheaper debt financing. Hence after X, the WACC will rise. X will be the optimal debt ratio, where the company will minimize its cost of capital and the company value is maximized. In conclusion, gearing capital is very important because it effects to WACC, company value and shareholder wealth of a company. Modigliani and Miller view In 1958, American academics France Modigliani and Merton Miller (MM), presented a radically different view of capital structure theory. They demonstrated that two companies with identical investments would have the same value, regardless of their gearing capital (Cornelius, 2002). As a result, there is no optimal capital structure for a company. MMs propositions can be presented as follows. MMs proposition (without tax) UoS (2007, p.274) argued that with the same size and the same level of business risks of two companies: one company was ungeared company, another one was geared company. The value of an ungeared company equals value of equity in an identical geared company plus value of borrowings in an identical geared company. Therefore, the only factors that influence the value of a company are risk and return. Returns required by shareholders as reward for risk, , will increase at a constant rate as gearing increases due to the perceived increased financial risk. The rising would exactly offset the benefit of the additional cheaper debt in order for the WACC to remain constant. Lenders have security for their debt so they will not feel at risk whatever the level of gearing; therefore, is constant (ACCA F9 Financial Management: Study Text, 2009). This can be shown as a graph. The WACC, the total value of the company and shareholder wealth are constant and unaffected by gearing levels. No optimal capital structure exists. For instance, there are two companies with the same size and the same level of business risk: one company was ungeared company, another one was geared company. One machine got back  £200 profit yearly. The data of the two companies as follows. Ungeared Company Geared Company Share capital  £1,000  £1,000 Debt  £1,000 Machines 1 2 EPS at  £200 profit level 0.20p 0.25p If the investor in an ungeared company borrows  £1,000 at 15% interest, after buying the second machine, that company has the profit =  £200 x 2 =  £400. â‚ ¬Ã‚ ¢ EPS = = 0.4 p After receiving dividends from ungeared company, that investor has to pay interest for the lender with 15% interest per  £1. Hence, the actual return that investor can receive = 0.4 [15% x 1] = 0.25 p. This is the same return as that expected by shareholder in geared company and it had been created entirely by the ungeared shareholder. Therefore, in this proposition, capital gearing does not effect to the WACC, company value and shareholder wealth. MMs proposition (with tax) Because interest is tax-deductible, the use of debt finance gives rise to a tax saving (Cornelius, 2002). In 1963, MM developed a second version to take account of taxation. MM argued that the value of a geared company was the value of ungeared company plus the present value of any tax shield generated by using debt finance. = + T With:: The value of geared company : The value of ungeared company : The market value of debt T: Corporate tax rate With tax, MM view can be represented as below. According to ACCA F9FM (2009, p.1111), remains constant whatever the level of gearing. Likely as MMs proposition without tax, increases as gearing levels increase to reflect additional perceived financial risk. Because interest on debt is tax-deductible, WACC will fall when gearing increases. And: = x [1 ] = + (1 T) ( ) : cost of equity in an ungeared company : cost of equity in a geared company : cost of debt , : market value of debt and equity in the geared company T: corporate tax rate For example, considering two companies, one ungeared and another geared, both of the same size and level of business risk. Ungeared Company Geared Company  £  £ EBIT 1,000 1,000 Interest (200) PBT 1,000 800 Corporation Tax @25% (250) (200) Dividends 750 600 Returns to the investors Equity 750 600 Debt 200 750 800 Suppose that the business risk of the two companies requires a return of 10% and the return required by the debt holders in geared company is 5%, locking at the table above, tax relief on debt interest (also known as tax shield) in geared company = 800 750 =  £50 For ungeared company Market value of ungeared company will be the market value of equity. It will be the dividend capitalized at the equity holders required rate of return. = 750/0.1 =  £7,500 = 10% For geared company Market value of the equity of geared company is determined by the equity shareholders analysis of their net operating income into its constituent parts and the capitalization of those elements at appropriate rates = [ ] = ] =  £4,500 Market value of debt is determined by the debt holders capitalizing their interest at their required rate of return. = =  £4,000 â‚ ¬Ã‚ ¢ Total market value of geared company = 4,500 + 4,000 =  £8,500 According to MMs proposition with tax, it has: = + T = 7,500 + (4,000 x 25%) =  £8,500 Cost of equity in a geared company: = = = 13.33% = 5% x (1 25%) = 3.75% â‚ ¬Ã‚ ¢ = 13.33% x + 3.75% x = 8.82% According to MMs proposition: = x [1 ] = 10% x [1 ] = 8.82% And = + (1 T) ( ) = 10% + (1 25%) (10% 5%) (4,000/4,500) = 13.33% as per the dividend valuation model above. Thus, under MM theory with tax, there is an optimal gearing level at 100% debt in the capital structure. This is not true in practice because companies do not gear up to 100%. In his research, Cornelius (2002) argued that, in the real world, companies do not raise their gearing ratios to such extreme levels because the high levels of gearing may lead to higher risk of liquidation. Hence, for this proposition, there is no optimal gearing structure, in other words, WACC, company value and shareholder wealth do not depend on the level of capital gearing. The drawback of the two theories According to UoS (2007), both of the two theories may seem to be based on unrealistic assumptions. For traditional view, they ignored taxation, companies have complete choice between debt equity finance, and can change this decision quickly and without cost. It is impossible in the real world. The company could change their decision but it has cost and not quickly. For MM, it was built with assumptions that no transaction costs and individuals or corporations can borrow money at the same rate. In fact, individuals and companies cannot borrow at the same rate, since companies usually have a higher credit rating. Therefore, personal debt usually costs more than corporate debt and is riskier. Moreover, the theory does not mention the issue of bankruptcy costs and other agency costs, as well as personal income tax. Conclusion In conclusion, according to traditional view, gearing capital is very important because the changing of gear may lead to changes of WACC as well as company value and shareholder wealth. If gearing capital increases, WACC will fall. It leads to the increase of profits, in other words, company value will increases. Theoretically, there is an optimal capital structure, in which, the company will minimize its cost of capital and the company value is maximized. In fact, it hasnt found an optimal capital structure yet. Conversely, based on MM theory, it argued that the two companies with the same size and the same level of business risk would have the same value. It does not depend on their gearing. In other words, the level of capital gearing is not quite important for WACC, company value and shareholder wealth. Part B: Explain then critically compare and contrast two investment appraisal techniques indicating their merits and limitations in aiding the sound financial management of a company Introduction Nowadays, investing is very important for a company to survive. According to UoS (2007, p.63) an investment involves the outflow of cash at a point in time in order to obtain benefits in the future. Companies make these investment decisions in order to increase the value of the firm and maximizing shareholders wealth. However, funds are limited, thereby, companies cannot invest in all projects, they must choose between alternative investments. There are four commonly techniques for appraising capital investment projects. Payback Accounting rate of return (ARR) Net present value (NPV) also known as Discounted Cash Flow or DCF Internal rate of return (IRR) also known as Discounted Cash Flow technique In this report, we will look at payback and NPV as two investment appraisal techniques to find out how they can inform future projects, their merits and limitations, and which technique the company would prefer. Explanation of two investment appraisal techniques Payback Payback is the number of years required to recover the original cash flow outlay investment in a project (Brealey, Myers and Marcus, 2001). If the cash flows are constant, the formula is: Payback period = If the cash flows are not constant, the calculation must be in cumulative form. The payback is a commonly used method of evaluating investment proposals. Among alternative investments, the company should decide to invest in the project which payback period is shorter, in other words, this is a project which can recover the initial investment quicker (Ross et al., 2007). For example, ABC Ltd has two projects A and B which cash flows as follows. Year Cash flows from Project A ( £) Cash flows from Project B ( £) 0 (100,000) (100,000) 1 10,000 20,000 2 30,000 20,000 3 40,000 30,000 4 20,000 20,000 5 30,000 50,000 Using cumulative form, we have: Year Cash flows from Project A ( £) Cumulative ( £) Cash flows from Project B ( £) Cumulative ( £) 0 (100,000) (100,000) 1 10,000 (90,000) 20,000 (80,000) 2 30,000 (60,000) 20,000 (60,000) 3 40,000 (20,000) 30,000 (30,000) 4 20,000 0 20,000 (10,000) 5 30,000 30,000 50,000 40,000 It is clearly that after 4 years, project A has recovered all original investment and it will begin making the profit for the company from the firth year, so payback period of project A is 4 years. As for project B, after 5 years, the original investment has recovered and it also generates  £40,000 of profits, so the payback period of this project is: Payback period of project B = 4 + = 4.2 years Thus, following the rule of payback period method, ABC Ltd should invest into project A because payback period of project A is shorter than project B. It means that the company can recover the original investment quicker if they decide to invest into project A. Net present value (NPV) Based on Professional Management Education (2010), The net present value (NPV) method is the classic economic method of evaluating the investment proposals. It is discounted cash flow technique that explicitly recognizes the time value of money. It correctly postulates that cash flows arising at different time periods differ in value and are comparable only when their equivalents present values are found out. The formula to calculate NPV is: NPV = Initial Investment + = Initial Investment + With r is the rate of interest It should be made clear that the acceptance rule using the net present value (NPV) method is to accept the investment project if NPV is positive, to reject it if NPV is negative and consider accepting the project when NPV is zero. For instance, using the same data with example above, in additional, the original proposal of ABC Ltd uses a discount rate of 10%. Using discounted cash flow technique to the present value, we have: Year Cash flows from Project A ( £) Present value ( £) Cash flows from Project B ( £) Present value ( £) 0 (100,000) (100,000) (100,000) (100,000) 1 10,000 9,091 20,000 18,182 2 30,000 24,793 20,000 16,529 3 40,000 30,052 30,000 22,539 4 20,000 13,660 20,000 13,660 5 30,000 18,628 50,000 31,046 NPV NPV (A) = -3,776 NPV (B) = 1,956 > 0 Because NPV of project A is negative and that of project B is positive, in accordance with the acceptance rule, ABC Ltd should choose project B to invest because this project will bring more profits. Analyzing of two investment appraisal techniques Compare and contrast In every company, payback period and NPV are very important to evaluate the value of a proposed project before investing on it. Both of two investment appraisal techniques can measure the sustainability and value of long-term projects. From that, the company can make sound financial decisions. (DifferenceBetween.net, 2010) Regarding calculate technique, payback period is used to calculate a period within which the initial investment of a project is recovered (UoS, 2007). It is equal to the initial net investment divided by annual expected cash flows. For example, a company wants to invest  £10,000 in a new project and they expect to have annual cash flows of  £2,000, so the payback period of this project will be = 10,000/2,000 = 5 years. The shorter the payback period, the better investment is. A long payback period means that the investment will be locked up for a long time, thereby this project is relatively ineffective. Meanwhile, net present value (NPV) uses the time value of money to appraise long-term projects. According to UoS (2007), NPV uses the opportunity cost of capital to discount the flows of cash in and out, over the life of a project to give their value at the present day. NPV method focuses on the present value (PV) because NPV equates to the sum of present values of individual cash flows. For example, a project invests  £1,000 and it will bring cash flows of  £2,000 in the next year, so PV of  £2,000 = 2000/(1+0.1) =  £1,818 with discount rate of 10%. Thus, the NPV of this project = -1000 + 1,818 =  £818. When choosing between alternative investments, NPV can help to define the project with highest present value, and also apply the acceptance rule of NPV, if NPV>0 accept the investment, if NPV Ross et al. (2007) stated that NPV method removes the time element in weighing alternative investment, while payback period focuses on the time required to recover the initial investment. From that, payback period method does not assess the time value of cash, inflation, financial risks, etc. as opposed to NPV, which measures the investments profitability. In addition, although payback period method indicates the acceptable period of investment, it does not take into account what will happen after the payback period and their impact on total incomes of this project. But it is contrary to NPV. Thereby, NPV will provide better decisions than payback when the company makes capital investments. In fact, companies use more often NPV than payback period method. Merits and limitations Merits The most significant merit of payback period is that it is simple to understand and easy to calculate than other appraisal investment techniques (UoS, 2007). Comparing with NPV method, payback method uses fewer costs and less analysts time than NPV. For this method, an investor can have more favorable short term effects on earnings per share by setting up a shorter standard payback period. Professional Management Education (2010) believed that payback period can control investment risks because the longer it takes to recover the initial investment, the more uncertainties there will be during the recovery period. In addition, payback method focuses on the time to recover of the initial investment, so it gives an insight into the liquidity of the project. The shorter payback period, the higher liquidity is. On the other hand, Brealey et al. (2001) stated that NPV is more accurate and efficient as it uses cash flow, not earnings and results in investment decisions that add value. By discounting the flows, NPV can create the comparison between alternative investments, and then, making right capital decisions. NPV method is always consistent with the long-term objective of the shareholder value maximization. We can say that this is the greatest merit of this method. Limitations Payback Consider XYZ Ltd with two projects A and B. It has the same three years payback period, whose flows are as follows. Year Cash flows from Project A ( £) Cumulative ( £) Cash flows from Project B ( £) Cumulative ( £) 0 (100,000) (100,000) (100,000) (100,000) 1 20,000 (80,000) 50,000 (50,000) 2 30,000 (50,000) 30,000 (20,000) 3 50,000 0 20,000 0 4 30,000 30,000 100,000 100,000 Payback Period (Year) 3 3 Ross et al. (2007) stated that the first limitation of payback method is the timing of cash flows within the payback period. Looking at the table above, from year 1 to year 3, the cash flows of project A increase from  £20,000 to  £50,000, while the cash flows of project B decrease from  £50,000 to  £20,000. Because the large cash flow of  £50,000 comes earlier with project B, its NPV must be higher. However, as mentioned above, the payback periods of the two projects are identical. Thus, the problem with the payback period is that it does not consider the timing of the cash flows within payback period. It also shows that the payback method is inferior to NPV because NPV method discounts the cash flows properly. The second limitation is payment after the payback period (Ross et al., 2007). Lets consider projects A and B in the same three years payback period, project B is clearly preferred because it has a cash flow of  £100,000 in the fourth year. Thus, a problem here is that payback method ignores all cash flows occurring after the payback period. For the short-term orientation of the payback method, some valuable long-term projects may be rejected. NPV method does not encounter this problem because this method uses all the cash flows of the project. Because of the first two limitations, the payback method cannot maximize shareholders wealth. According to UoS (2007), the payback period method ignores inflation and discriminates against large capital-intensive infrastructure projects with long times, because it only focuses on the earliest time to recover the initial investment. Net present value (NPV) NPV is the true measure of an investments profitability. But, in practice, it still has some problems. The first limitation of NPV method is cash flow estimation (Professional Management Education, 2010). The NPV method is easy to use if forecasted cash flows are known. However, it is quite difficult to obtain the estimates of cash flows due to uncertainty. The second limitation of NPV is unrealistic assumptions (UoS, 2007). Under NPV method, there is a single market rate of interest for both borrowing lending and an individual can borrow or lend any amount of money at that rate. It is unrealistic, in practice, the interest rate for borrowing and lending is different and everyone has to follow the interest rate for each kind. For example, for Vietnam market in 2011, the interest rate for borrowing at 9% and for lending at 17% per year (Trading Economics, 2012). NPV also ignores transaction costs or taxes. Conclusion In a survey carried out by Graham and Harvey (2001), it was found that 74.9% of respondent companies use net present value (NPV) and 56.7% use payback period method when they appraise the investment projects. It means that in fact, NPV method is used more than payback period method. Techniques % Always or Almost Always Internal Rate of Return (IRR) 75.6 Net present value (NPV) 74.9 Payback period 56.7 Accounting rate of return 30.3 Source: Graham and Harvey, The theory and practice of corporate finance: Evidence from the Field, Journal of Financial Economics 60 (2001), based on a survey of 392 CFOs According to the survey of Graham Harvey (2001) and Sandahl (2003), payback period method is often used in small size companies. The major reason for this can be that payback period method is more simple, cheaper and easier to calculate. Small companies are only interested in the shortest time to recover initial investment because they often lack the source for fund. Moreover, the complexity of the other investment appraisal methods is always a barrier for the small company. However, net present value (NPV) is often used in medium and large size companies (Graham and Harvey, 2001). The major reason for this can be that these companies are interested in the profitability and time value of money than the payback period. They have the source of funds and consider maximizing shareholders wealth as their long-term objective.

Company Fairwood

The introduction, Section 1 , is followed by the Method section which describes how the research was conducted. The results of the research are presented in sections, Results and Discussion. The Conclusion is a summary of the results which were found. 1. 2. -aground about Fair-wood- Firewood pursuing a â€Å"customer first, people-oriented† concept, listen carefully to the needs of customers, close to the diet trend in product innovation and continuous improvement, committed to providing quality and price of popular foods. With the intention of service and convenience stores, o provide customers happy dining experience.To enhance the brand image and competitiveness, Firewood in November 2003 costing HOOK $ 15 million were 360 0 reforms big action, creating a new brand image, including the replacement of the trademark, as well as innovative operations, restructuring and upgrading in-store men us environment. Famous designer Mr.. Chin Yoking more Firewood design a â€Å"leap in to the sky humanoid doll† as the new brand logo, feeling energetic, highly motivated, so that customers feel young Firewood vitality, innovation and fun image. In addition, Firewood invited two internationally renowned interior designer Mr..Liana Chitin and Mr.. Moratoria Christine pass hand in hand surgeon for Fair-wood's branch redesign, renovation and every three years thereafter to inject new elements. Firewood is Hong Gong's first fast food chain stores invite professional composers creative background music, but the first implementation of a â€Å"comprehensive smoking† policy, entered into a new standard for the fast food industry in the branch. Firewood has always been â€Å"customer first†, has introduced innovative products, quality ingredients carefully selected to enhance food quality.Ace mix more than 30 kinds of products, including spices, â€Å"A living curry†, a record level Of rich and unique taste; taste tomato sauce and use provoke high gluten pasta boiled â€Å"Extra Virgin Olive Oil Pasta Series,† and â€Å"baked pig Grilled rice â€Å"and† corn Roil meal. † Other innovations include â€Å"point not even drop MS† series, â€Å"grilled thick-cut black dolphin†, Japanese Ramee, etc. , to creativity is committed to meet the needs of customers. Services, Firewood pioneered the â€Å"personal service† so there is a need of the customer to enjoy room service.In addition, also implemented in all outlets â€Å"Accessibility Services†, adding removable seats and ramps, provided on behalf of other intimate meal and room service. For the practice of â€Å"people-oriented† concept, the Group in addition to continue to recruit outstanding talents, nurture a caring culture, offers a number of benefits for existing employees, such as children's education fund, the purpose is to build a happy team, and create a fun dining experience, the â€Å"eat too Happy â€Å"mission to bring customers. Contribute to the community has always been one big happy corporate focus.Therefore, launched the â€Å"S 4 happy meal† campaign to benefit the needy, also held â€Å"Merry Fun Day† and â€Å"Charity Christmas party† to increase communication with community residents, promote social harmony and the spirit of helping each other, practice â€Å"Fresh happy, wonderful in† corporate mission. With â€Å"people† oriented We attach importance to communication between employees, care for each and every employee the ability to obtain satisfaction on the job, Establish continuous learning and improvement culture, providing a growing and learning space for every employee.Food was happy to be wonderful. † We are committed to creating fun dynamic work environment, with the establishment of â€Å"happy team†, the introduction of flexible working hours, to encourage employees to strike a balance in work and life, Our caring staff, payment of a special holiday gift, but also actively organize various recreational activities, such as: Merry giant sound, autumn barbecue, quarterly dinners, birthday parties, etc. From the establishment of happy team spirit and strengthen the sense of belonging to employees of the company. The opportunity to focus on individual play We passed a fair assessment, encourage employees to continue to learn and develop their potential and self-enhancement and, For outstanding employee reward and promotion opportunities, the fastest available 1. 5 years promoted from junior positions to store management.Improve job training We offer a complete range of diverse classroom and professional skills training, Encourage employees to lifelong learning, constantly absorbing new knowledge and enhance their professional skills, their talents, through continuous improvement and learning, get more rapid growth and rumination, For employees to make clear promotion ladder, clear and viable career deve lopment prospects.The award-winning Firewood received the following recognition and certainly in talent development and staff training: ERP â€Å"Manpower Development Scheme† Excellent Employer Award Distinguished Family-Friendly Employers â€Å"Caring† International Day of the 18 districts caring employer Training spirit – â€Å"Fresh happy, live a wonderful, Firewood† Training of personnel is the most important one Firewood ring, â€Å"continuous learning, development and self-enhancement potential and† is the goal of our velveteen team.To this end, the Group is committed to organizing in service training program for potential employees to provide diversified learning opportunities to equip individuals can play an unlimited potential. To help employees meet the challenges ahead, we have designed different job training, aspiring to broaden their horizons and enhance the confidence of employees to participate in order to absorb the required knowled ge, Prepare for future promotion.Promotion ladder We through various training courses to provide advancement opportunities or staff to learn more about food production, customer service, expertise in- store health management, improve management capabilities. Promotion ladder courses ; 360 c comprehensive management course ; youth Management Course ; shop management training Skills upgrading training ; sales skills ; meal catering English response to training SF posts ; job skills certification To explore the potential of staff and the development of personal self- director.Every year we held: ; internal competition: [trials] most tip of the ring, some fighting Chefs ; provide scholarships to potential employees omelet management capabilities outside the course of professional organizations Value-added training To have caused to enhance the professional skills of the staff arrangements involved in cognitive Professional Certificate courses, including: ; catering computer unit certifi cate courses ; minority employees Cantonese training courses ; Health Manager ; Diploma in Business Management 2.Why we choose this company? We chose this business because it's a well-known catering enterprises, of which a fast food store location is adjacent to our school sites, when we were n the field to collect data, can more convenient, and easy to collect detailed and the accuracy Of the data, so finally be able to successfully complete the report. 2. 1. Aim Firewood aims to establish a â€Å"happy team† so happy, happy employees will bring customers and dedication to bring customers a pleasant dining experience.Group and staff work closely together, with the practice of â€Å"eating too happy ; be wonderful† corporate mission. 2. 2. Operating guideline The management advocates balance between work and life, the introduction f flexible working hours, while employees hold different types of activities to strengthen employees' sense of belonging to the Group. Group offers comprehensive in-service training programs for staff to enhance their professional skills and further develop their talents.The Group also provides a lot of opportunities for promotion and attractive incentives to reward performance excellence. 2. 3. Pros & Cons Firewood is a large chain of fast food restaurants. Pros are with â€Å"people† oriented, â€Å"eating too happy to be wonderful,† focuses on individual play opportunity and improve job training. T need to improve the way people with disabilities to buy fast food, they can not require the help of other people can buy the fast food. The Fast Food Shop of the environment and facilities, can to facilitate disabled access.The Fast food shop of the equipment, so that they can easily enjoy better food in the shop. They really provide to a fast food shop accessible services. 3. Suggestion Human resources are one of the Group's core assets. Labor shortage is one of the main challenges that the industry is curre ntly facing and it is increasingly difficult to recruit experienced staff. To tackle this issue, Firewood has to step up efforts to attract talented workers by offering comprehensive staff development programs. 4. Method 4. Secondary source Some internet resources from Google together with data from recent reports from Government of Hong Kong were used as references. Online information was found with the most common Google tools. Their opinions and support provided valuable data for this report. There are 4 articles cited in the report. The 4 articles were useful to make the report easy to understand. It contains the questionnaire. Elect the internet search to finish my questionnaire. 4. 2 Primary sources 5. 2. 1 Subjects 20 local Hong Kong people were selected to answer the questionnaires.The respondents were aged from 20-50. No young children were interviewed, because most of them depend on their parents. Most are student in ours class Holmes Institute University. 4. 2. 2 Question naire The development of the questionnaire was multistage process in which a general theme was first given to each group. Each group brainstormed the theme to find a suitable subtitle for each member. Then, a first draft of the questionnaire was developed with some basic information. The basic information was found the internet.

Rumors, Deception and Compare and Contrast Essay Topics College

Rumors, Deception and Compare and Contrast Essay Topics College If you'll write a comparative essay, you want to get a notion of the impacts of unique aspects to the result you will get at the conclusion of the writing activity. It's possible to choose one based on your field of study and individual interests. For instance, you may assist the reader see a meaningful connection between both subjects. You don't need to discuss major issues and changes in education in case you don't want. What is Actually Going on with Compare and Contrast Essay Topics College There are many sources from where it is possible to gather information on your subjects but make certain that you always go with facts. Finding the perfect topic isn't the hardest job in the planet, all you need to do is to take a few factors into account. Since you may see, the topics are broken up into multiple categories so it would be simpler that you select one. You may use the suggested topics as inspiration for y our own, or you could simply decide to write about one you enjoy the most. The Ultimate Compare and Contrast Essay Topics College Trick Don't forget that you have to make it sound appealing and original, as nobody would want to complete the text that's dull or old news. In a lot of sections of text's primary body you are going to demonstrate different contrast or compare points. What remains unchecked needs to be addressed in the contrast paragraphs. The above mentioned compare and contrast essay topics are only a few of many topics you are able to decide to go over in your essay. You ought to be very careful as you select a compare and contrast essay. Compare and contrast essays are among the most fascinating essay types. You may just buy compare and contrast essay on the website. While you're just beginning to compose essays, you shouldn't struggle attempting to produce something to discuss. The important reason many writers fail is they don't go further. Therefore, wi thout the suitable guidance, young women and men wind up destroying their fruitful lives. You have to select a topic that you truly feel comfortable with. You may also choose 1 topic at this time and begin practicing. You should research your topic to select three claims. You're not restricted to anything, and you may decide on any compare and contrast writing topics you're passionate about. The Compare and Contrast Essay Topics College Trap College is a time for students to concentrate on courses that are unique to the student's career objectives. Students write much better papers when they have some great examples in front of those. They can typically understand the structure with just a short amount of instruction. College students are our very first category. You can begin with the form of topic you pick for your compare and contrast essay. You don't need to be very detailed in your essay, but be certain you check whatever you write about. You may also order a fully written compare and contrast essay and alleviate the quantity of work you must do. If you decide to compose a funny comparative essay then you have to have good humor. When you compose an essay on moral topics, describe the issue from various points of view, showing either side of the exact problem. Philosophical topics may be controversial since many things have more than 1 explanation for it, therefore it isn't simple to decide on the truth. The nature of the topic needs to be told here. Writing a great essay might be a bit of cake if you are feeling inspired. Nonetheless, the top-notch writers who are a part of the Elite Essay Writers team have a larger potential of supplying you with a high-quality paper. Writing is a skill that someone can learn. Writing tips can help you organize the outline and compose the essay.

The Big Five Personality Traits - 867 Words

Of the Big Five personality traits, I scored highest on neuroticism. I compared myself to my friend. My friend scored highest on extraversion. I scored lowest on extraversion, whereas my friend scored lowest on agreeableness. I was somewhat surprised at my results that my friend received. However, I was not surprised by my results. I am a typically anxious person, so I knew I would probably score high on neuroticism. However, I thought my friend would score higher on agreeableness. I don’t agree with some of these because I believe that my friend falls a little higher on the agreeableness, while I believe we both fall a little higher on the openness scale. I also believe there is more to a person’s personality than that. There are several ways in which the uniqueness of each individual can be portrayed by just a few traits. A lot of times, trait psychologists use the Big Five to measure someone’s personality just because it’s a simple, convenient way to d o it. Another reason psychologists often use the Big Five to measure personality traits is because it seems to capture every possible trait that there could be in a person’s personality. According to the book, it’s easier to use the Big Five because it’s like a radio: would you rather have dozens of radio stations with decent sound or only a few radio stations with amazing sound quality? Of course, most people would want the option of having a few radio stations with the amazing sound quality. Therefore, traitShow MoreRelatedPersonality Traits Of The Big Five915 Words   |  4 PagesAs we all know, humans come in all shapes, sizes, and personalities. A big part of being an adult is entering the work field and finding a career. That’s where the â€Å"Big five† personality traits come in. The five traits that most employers base their tests off of are; neuroticism, extroversion, agreeableness, conscientiousness, and openness to experience. So the n ext time you take a pretest for employment would these would be good to keep in mind. Especially when determining if you’re a good fit forRead MoreThe Big Five Personality Traits1020 Words   |  5 PagesThe Big Five Personality Traits Kelly Wilson Benedictine University Organizational Behavior MGT 320-D2A5 Teresa Pavone November 06, 2015 The Big Five Personality Traits Personality traits reflect people’s characteristic patterns of thoughts, feelings, and behaviors. Motivation is a factor that is highly dependent upon personality and because of this, managers must be able to recognize and respond to the different traits. Personality has been studied extensively throughout the years andRead MoreBig Five Personality Traits808 Words   |  4 PagesBig five model †¢ Lewis goldberg proposed a five dimension personality model , nicknamed the big five /five factor theory. †¢ The Big Five model is a comprehensive, empirical, data-driven research finding. †¢ In psychology, the Big Five factors (Five Factor Model) of personality are five broad domains or dimensions of personality which are used to describe human personality. Big five factors are †¢ Factor I: Extraversion. †¢ Factor II: Agreeableness. †¢ Factor III:Read MorePersonality Traits Of The Big Five925 Words   |  4 PagesOne main goal of psychology has been established a model to describe and understand human personality. The five-factor model of personality is the most widely used model in describing personality types. The components of the Big Five are extraversion, openness, agreeableness, conscientiousness, and neuroticism. Each of these components have personality traits that are associated with them. Extraversion refers to the degree in which a person is active, energetic, talkative, and assertive. OpennessRead MoreBig five Personality Traits7561 Words   |  31 Pages------------------------------------------------- Big Five personality traits From Wikipedia, the free encyclopedia In  psychology, the  Big Five personality traits  are five broad domains or dimensions of  personality  that are used to describe human personality. The theory based on the Big Five factors is called the  Five Factor Model  (FFM)[1]  The Big Five factors are  openness,  conscientiousness,  extraversion,  agreeableness, and  neuroticism. The Big five has been preferably used, since it is able to measure different traits in personality withoutRead MoreThe Big Five Personality Traits Essay1617 Words   |  7 PagesIntroduction: The â€Å"Big Five personality traits† is also called as the FFM or five factor model which is a model formed on general language descriptors of personality. These descriptors are formed jointly utilizing a statistical method known as factor analysis which is stated as this model is not formed on the tests/experiments†. This broadly observed hypothesis recommended 5 wide dimensions, utilized by few psychologists to explain the psyche the personality of the human. These 5 elements are explainedRead MoreEssay on The Big Five Personality Traits997 Words   |  4 PagesReaction Paper #1 The â€Å"Big Five† Personality Traits Throughout our lives, we, as humans, encounter others that we may either have an immediate connection with, must discover more about the individual to determine the relevant connection, or simply, we just cannot manage to maintain a cordial relationship. What determines whether or not we can get along with someone else is defined by an individual’s personality. A personality is an array of â€Å"psychological† characteristics that makes each personRead MoreEssay THE BIG FIVE PERSONALITY TRAITS1629 Words   |  7 Pages The Personality Traits of a Manager Amelia Martin MOD 310: Issues in Management Week 5 September 17, 2014 A person’s personality trait can define who they are. Some can tell these traits by the way a person reacts to certain situations, personal or on the job. A person develop traits from the way they were raised and the environment that surrounded them. Everyone carries some type of personality trait, but no one carries any that are identical. Managers have personality traits just likeRead MoreBig Five Theory Of Personality Traits955 Words   |  4 PagesAmong the many established trait theories, the most widely known and used is the Big Five Theory of Personality Traits. It is a five-factor model composed of the broad personality traits of openness to experience, conscientiousness, extraversion, agreeableness and neuroticism. There are a variety of ways to assess one’s broad dimensions of personality in these five categories. One of which is Psych Central’s personality assessment that consists of fifty questions in which there is a statement ofRead MorePersonalit y Traits That Make Up The Big Five Traits1534 Words   |  7 Pagesthe five personality traits that make up the big five traits. Everyone in the world has theses traits in their personality but have a variation in how strong they are in them. After learning in greater detail about the two ends of the spectrums people can be at or in between we took the BFI to find out where we are on the bell curve for the big five traits. Then we compared our scores with four hundred and fifty-nine other female Luther students to determine our percentiles in the BFI traits. In