Tuesday, May 12, 2020
Assesment of Drug Trafficking Example - 1058 Words
Assessment of Human Trafficking Cole Bootz Arizona State University Abstract Assessing the crime of Human Trafficking over the Arizona border from Mexico there were a lot of effective methods and non-effective methods used when trying to prevent human trafficking. It was most commonly found in my research, there were more ineffective methods than effective ones. During the assessment I continually focus on the more positive ways to combat human trafficking because of the significant impact the positive results have been outweighing the negative and ineffective results. What was discovered is that the border patrol is an extremely answer to finding and preventing human trafficking over the Mexico/Arizona border and how they areâ⬠¦show more contentâ⬠¦It was stated by homeland security that besides the pilots, the passengers on each plane is told to stay vigilant and informed of the basic indicators of human trafficking. (U.S. customs/ border protection 2014) Before this was put into effect human traffickers were able to hide from ground patrol and are still able to today, but with the use of passenger planes being able to detect movement of traffickers and report it making it easier to catch and apprehend traffickers. It has been shown to work tremendously and continually proves to be a very good solution. Taking a new approach a campaign has been started by victims of human trafficking and homeland security. It is called the blue campaign and its focus is to bring light to the situation of human trafficking. It is the unified voice for the U.S. Department of Homeland Securityââ¬â¢s (DHS) efforts to combat human trafficking. Working in collaboration with law enforcement, government, non-governmental and private organizations, also offers training to law enforcement and others to increase detection and investigation of human trafficking, and to protect victims and bring suspected traffickers to justice. (Blue Campaign 2016) They offer help to victims and help them get back into normal society. The blue Campaign has been amazin gly effective and is heavily funded by homeland security, it has risen awareness to a serious problem and
Wednesday, May 6, 2020
The Twilight Saga 4 Breaking Dawn 8. Waiting For The Damn ââ¬Â¦ Free Essays
8. Waiting For The Damn Fight To Start Already ââ¬Å"Jeez, Paul, donââ¬â¢t you freaking have a home of your own?â⬠Paul, lounging across my whole couch, watching some stupid baseball game on my crappy TV, just grinned at me and then ââ¬â real slow ââ¬â he lifted one Dorito from the bag in his lap and wedged it into his mouth in one piece. ââ¬Å"You betterVe brought those with you. We will write a custom essay sample on The Twilight Saga 4: Breaking Dawn 8. Waiting For The Damn â⬠¦ or any similar topic only for you Order Now â⬠Crunch. ââ¬Å"Nope,â⬠he said while chewing. ââ¬Å"Your sister said to go ahead and help myself to anything I wanted.â⬠I tried to make my voice sound like I wasnââ¬â¢t about to punch him. ââ¬Å"Is Rachel here now?â⬠It didnââ¬â¢t work. He heard where I was going and shoved the bag behind his back. The bag crackled as he smashed it into the cushion. The chips crunched into pieces. Paulââ¬â¢s hands came up in fists, close to his face like a boxer. ââ¬Å"Bring it, kid. I donââ¬â¢t need Rachel to protect me.â⬠I snorted. ââ¬Å"Right. Like you wouldnââ¬â¢t go crying to her first chance.â⬠He laughed and relaxed into the sofa, dropping his hands. ââ¬Å"Iââ¬â¢m not going to go tattle to a girl. If you got in a lucky hit, that would be just between the two of us. And vice versa, right?â⬠Nice of him to give me an invitation. I made my body slump like Iââ¬â¢d given up. ââ¬Å"Right.â⬠His eyes shifted to the TV. I lunged. His nose made a very satisfying crunching sound of its own when my fist connected. He tried to grab me, but I danced out of the way before he could find a hold, the ruined bag of Doritos in my left hand. ââ¬Å"You broke my nose, idiot.â⬠ââ¬Å"Just between us, right, Paul?â⬠I went to put the chips away. When I turned around, Paul was repositioning his nose before it could set crooked. The blood had already stopped; it looked like it had no source as it trickled down his lips and off his chin. He cussed, wincing as he pulled at the cartilage. ââ¬Å"You are such a pain, Jacob. I swear, Iââ¬â¢d rather hang out with Leah.â⬠ââ¬Å"Ouch. Wow, I bet Leahââ¬â¢s really going to love to hear that you want to spend some quality time with her. Itââ¬â¢ll just warm the cockles of her heart.â⬠ââ¬Å"Youââ¬â¢re going to forget I said that.â⬠ââ¬Å"Of course. Iââ¬â¢m sure it wonââ¬â¢t slip out.â⬠ââ¬Å"Ugh,â⬠he grunted, and then settled back into the couch, wiping the leftover blood on the collar of his t-shirt. ââ¬Å"Youââ¬â¢re fast, kid.Iââ¬â¢ll give you that.â⬠He turned his attention back to the fuzzy game. I stood there for a second, and then I stalked off to my room, muttering about alien abductions. Back in the day, you could count on Paul for a fight pretty much whenever. You didnââ¬â¢t have to hit him then ââ¬â any mild insult would do. It didnââ¬â¢t take a lot to flip him out of control. Now, of course, when I really wanted a good snarling, ripping, break-the-trees-down match, he had to be all mellow. Wasnââ¬â¢t it bad enough that yet another member of the pack had imprinted ââ¬â because, really, that made four of ten now! When would it stop? Stupid myth was supposed to be rare, for crying out loud! All this mandatory love-at-first-sight was completely sickening! Did it have to be my sister? Did it have to be Paul? When Rachelââ¬â¢d come home from Washington State at the end of the summer semester ââ¬â graduated early, the nerd ââ¬â my biggest worryââ¬â¢d been that it would be hard keeping the secret around her. I wasnââ¬â¢t used to covering things up in my own home. It made me real sympathetic to kids like Embry and Collin, whose parents didnââ¬â¢t know they were werewolves. Embryââ¬â¢s mom thought he was going through some kind of rebellious stage. He was permanently grounded for constantly sneaking out, but, of course, there wasnââ¬â¢t much he could do about that. Sheââ¬â¢d check his room every night, and every night it would be empty again. Sheââ¬â¢d yell and heââ¬â¢d take it in silence, and then go through it all again the next day. Weââ¬â¢d tried to talk Sam into giving Embry a break and letting his mom in on the gig, but Embryââ¬â¢d said he didnââ¬â¢t mind. The secret was too important. So Iââ¬â¢d been all geared up to be keeping that secret. And then, two days after Rachel got home, Paul ran into her on the beach. Bada bing, bada boom ââ¬â true love! No secrets necessary when you found your other half, and all that imprinting werewolf garbage. Rachel got the whole story. And I got Paul as a brother-in-law someday. I knew Billy wasnââ¬â¢t much thrilled about it, either. But he handled it better than I did. ââ¬ËCourse, he did escape to the Clearwatersââ¬â¢ more often than usual these days. I didnââ¬â¢t see where that was so much better. No Paul, but plenty of Leah. I wondered ââ¬â would a bullet through my temple actually kill me or just leave a really big mess for me to clean up? I threw myself down on the bed. I was tired ââ¬â hadnââ¬â¢t slept since my last patrol ââ¬â but I knew I wasnââ¬â¢t going to sleep. My head was too crazy. The thoughts bounced around inside my skull like a disoriented swarm of bees. Noisy. Now and then they stung. Must be hornets, not bees. Bees died after one sting. And the same thoughts were stinging me again and again. This waiting was driving me insane. It had been almost four weeks. Iââ¬â¢d expected, one way or another, the news would have come by now. Iââ¬â¢d sat up nights imagining what form it would take. Charlie sobbing on the phone ââ¬â Bella and her husband lost in an accident. A plane crash? That would be hard to fake. Unless the leeches didnââ¬â¢t mind killing a bunch of bystanders to authenticate it, and why would they? Maybe a small plane instead. They probably had one of those to spare. Or would the murderer come home alone, unsuccessful in his attempt to make her one of them? Or not even getting that far. Maybe heââ¬â¢d smashed her like a bag of chips in his drive to get some? Because her life was less important to him than his own pleasureâ⬠¦ The story would be so tragic ââ¬â Bella lost in a horrible accident. Victim of a mugging gone wrong. Choking to death at dinner. A car accident, like my mom. So common. Happened all the time. Would he bring her home? Bury her here for Charlie? Closed-casket ceremony, of course. My momââ¬â¢s coffin had been nailed shutâ⬠¦ I could only hope that heââ¬â¢d come back here, within my reach. Maybe there would be no story at all. Maybe Charlie would call to ask my dad if heââ¬â¢d heard anything from Dr. Cullen, who just didnââ¬â¢t show up to work one day. The house abandoned. No answer on any of the Cullensââ¬â¢ phones. The mystery picked up by some second-rate news program, foul play suspectedâ⬠¦ Maybe the big white house would burn to the ground, everyone trapped inside. Of course, theyââ¬â¢d need bodies for that one. Eight humans of roughly the right size. Burned beyond recognition ââ¬â beyond the help of dental records. Either of those would be tricky ââ¬â for me, that is. It would be hard to find them if they didnââ¬â¢t want to be found. Of course, I had forever to look. If you had forever, you could check out every single piece of straw in the haystack, one by one, to see if it was the needle. Right now, I wouldnââ¬â¢t mind dismantling a haystack. At least that would be something to do. I hated knowing that I could be losing my chance. Giving the bloodsuckers the time to escape, if that was their plan. We could go tonight. We could kill every one of them that we could find. I liked that plan because I knew Edward well enough to know that, if I killed any one of his coven, I would get my chance at him, too. Heââ¬â¢d come for revenge. And Iââ¬â¢d give it to him ââ¬â I wouldnââ¬â¢t let my brothers take him down as a pack. It would be just him and me. May the better man win. But Sam wouldnââ¬â¢t hear of it. Weââ¬â¢re not going to break the treaty. Let them make the breach. Just because we had no proof that the Cullens had done anything wrong. Yet. You had to add the yet, because we all knew it was inevitable. Bella was either coming back one of them, or not coming back. Either way, a human life had been lost. And that meant game on. In the other room, Paul brayed like a mule. Maybe heââ¬â¢d switched to a comedy. Maybe the commercial was funny. Whatever. It grated on my nerves. I thought about breaking his nose again. But it wasnââ¬â¢t Paul I wanted to fight with. Not really. I tried to listen to other sounds, the wind in the trees, it wasnââ¬â¢t the same, not through human ears. There were a million voices in the wind that I couldnââ¬â¢t hear in this body. But these ears were sensitive enough. I could hear past the trees, to the road, the sounds of the cars coming around that last bend where you could finally see the beach ââ¬â the vista of the islands and the rocks and the big blue ocean stretching to the horizon. The La Push cops liked to hang out right around there. Tourists never noticed the reduced speed limit sign on the other side of the road. I could hear the voices outside the souvenir shop on the beach. I could hear the cowbell clanging as the door opened and closed. I could hear Embryââ¬â¢s mom at the cash register, printing out a receipt. I could hear the tide raking across the beach rocks. I could hear the kids squeal as the icy water rushed in too fast for them to get out of the way. I could hear the moms complain about the wet clothes. And I could hear a familiar voiceâ⬠¦. I was listening so hard that the sudden burst of Paulââ¬â¢s donkey laugh made me jump half off the bed. ââ¬Å"Get out of my house,â⬠I grumbled. Knowing he wouldnââ¬â¢t pay any attention, I followed my own advice. I wrenched open my window and climbed out the back way so that I wouldnââ¬â¢t see Paul again. It would be too tempting. I knew I would hit him again, and Rachel was going to be pissed enough already. Sheââ¬â¢d see the blood on his shirt, and sheââ¬â¢d blame me right away without waiting for proof. Of course, sheââ¬â¢d be right, but still. I paced down to the shore, my fists in my pockets. Nobody looked at me twice when I went through the dirt lot by First Beach. That was one nice thing about summer ââ¬â no one cared if you wore nothing but shorts. I followed the familiar voice Iââ¬â¢d heard and found Quil easy enough. He was on the south end of the crescent, avoiding the bigger part of the tourist crowd. He kept up a constant stream of warnings. ââ¬Å"Keep out of the water, Claire. Cââ¬â¢mon. No, donââ¬â¢t. Oh! Nice, kid. Seriously, do you want Emily to yell at me? Iââ¬â¢m not bringing you back to the beach again if you donââ¬â¢t ââ¬â Oh yeah? Donââ¬â¢t ââ¬â ugh. You think thatââ¬â¢s funny, do you? Hah! Whoââ¬â¢s laughing now, huh?â⬠He had the giggling toddler by the ankle when I reached them. She had a bucket in one hand, and her jeans were drenched. He had a huge wet mark down the front of his t-shirt. ââ¬Å"Five bucks on the baby girl,â⬠I said. ââ¬Å"Hey, Jake.â⬠Claire squealed and threw her bucket at Quilââ¬â¢s knees. ââ¬Å"Down, down!â⬠He set her carefully on her feet and she ran to me. She wrapped her arms around my leg. ââ¬Å"UncaJay!â⬠ââ¬Å"Howââ¬â¢s it going, Claire?â⬠She giggled. ââ¬Å"Qwil aaaaawl wet now.â⬠ââ¬Å"I can see that. Whereââ¬â¢s your mama?â⬠ââ¬Å"Gone, gone, gone,â⬠Claire sang, ââ¬Å"Cwaire pway wid Qwil aaaawl day. Cwaire nebber gowin home.â⬠She let go of me and ran to Quil. He scooped her up and slung her onto his shoulders. ââ¬Å"Sounds like somebodyââ¬â¢s hit the terrible twos.â⬠ââ¬Å"Threes actually,â⬠Quil corrected. ââ¬Å"You missed the party. Princess theme. She made me wear a crown, and then Emily suggested they all try out her new play makeup on me.â⬠ââ¬Å"Wow, Iââ¬â¢m really sorry I wasnââ¬â¢t around to see that.â⬠ââ¬Å"Donââ¬â¢t worry, Emily has pictures. Actually, I look pretty hot.â⬠ââ¬Å"Youââ¬â¢re such a patsy.â⬠Quil shrugged. ââ¬Å"Claire had a great time. That was the point.â⬠I rolled my eyes. It was hard being around imprinted people. No matter what stage they were in ââ¬â about to tie the knot like Sam or just a much-abused nanny like Quil ââ¬â the peace and certainty they always radiated was downright puke-inducing. Claire squealed on his shoulders and pointed at the ground. ââ¬Å"Pity wock, Qwil! For me, for me!â⬠ââ¬Å"Which one, kiddo? The red one?â⬠ââ¬Å"No wed!â⬠Quil dropped to his knees ââ¬â Claire screamed and pulled his hair like a horseââ¬â¢s reigns. ââ¬Å"This blue one?â⬠ââ¬Å"No, no, noâ⬠¦,â⬠the little girl sang, thrilled with her new game. The weird part was, Quil was having just as much fun as she was. He didnââ¬â¢t have that face on that so many of the tourist dads and moms were wearing ââ¬â the when-is-nap-time? face. You never saw a real parent so jazzed to play whatever stupid kiddie sport their rugrat could think up. Iââ¬â¢d seen Quil play peekaboo for an hour straight without getting bored. And I couldnââ¬â¢t even make fun of him for it ââ¬â I envied him too much. Though I did think it sucked that he had a good fourteen years of monkitude ahead of him until Claire was his age ââ¬â for Quil, at least, it was a good thing werewolves didnââ¬â¢t get older. But even all that time didnââ¬â¢t seem to bother him much. ââ¬Å"Quil, you ever think about dating?â⬠I asked. ââ¬Å"Huh?â⬠ââ¬Å"No, no yewwo!â⬠Claire crowed. ââ¬Å"You know. A real girl. I mean, just for now, right? On your nights off babysitting duty.â⬠Quil stared at me, his mouth hanging open. ââ¬Å"Pity wock! Pity wock!â⬠Claire screamed when he didnââ¬â¢t offer her another choice. She smacked him on the head with her little fist. ââ¬Å"Sorry, Claire-bear. How about this pretty purple one?â⬠ââ¬Å"No,â⬠she giggled. ââ¬Å"No poopoh.â⬠ââ¬Å"Give me a clue. Iââ¬â¢m begging, kid.â⬠Claire thought it over. ââ¬Å"Gween,â⬠she finally said. Quil stared at the rocks, studying them. He picked four rocks in different shades of green, and offered them to her. ââ¬Å"Did I get it?ââ¬â¢7 ââ¬Å"Yay!â⬠ââ¬Å"Which one?â⬠Vlaaaaw/obdem!!â⬠She cupped her hands and he poured the small rocks into them. She laughed and immediately clunked him on the head with them. He winced theatrically and then got to his feet and started walking back up toward the parking lot. Probably worried about her getting cold in her wet clothes. He was worse than any paranoid, overprotective mother. ââ¬Å"Sorry if I was being pushy before, man, about the girl thing,â⬠I said. ââ¬Å"Naw, thatââ¬â¢s cool,â⬠Quil said. ââ¬Å"It kind of took me by surprise is all. I hadnââ¬â¢t thought about it.â⬠ââ¬Å"I bet sheââ¬â¢d understand. You know, when sheââ¬â¢s grown up. She wouldnââ¬â¢t get mad that you had a life while she was in diapers.â⬠ââ¬Å"No, I know. Iââ¬â¢m sure sheââ¬â¢d understand that.â⬠He didnââ¬â¢t say anything else. ââ¬Å"But you wonââ¬â¢t do that, will you?â⬠I guessed. ââ¬Å"I canââ¬â¢t see it,â⬠he said in a low voice. ââ¬Å"I canââ¬â¢t imagine. I just donââ¬â¢tâ⬠¦ see anyone that way. I donââ¬â¢t notice girls anymore, you know. I donââ¬â¢t see their faces.â⬠ââ¬Å"Put that together with the tiara and makeup, and maybe Claire will have a different kind of competition to worry about.â⬠Quil laughed and made kissing noises at me. ââ¬Å"You available this Friday, Jacob?â⬠ââ¬Å"You wish,â⬠I said, and then I made a face. ââ¬Å"Yeah, guess I am, though.â⬠He hesitated a second and then said, ââ¬Å"You ever think about dating?â⬠I sighed. Guess Iââ¬â¢d opened myself up for that one. ââ¬Å"You know, Jake, maybe you should think about getting a life.â⬠He didnââ¬â¢t say it like a joke. His voice was sympathetic. That made it worse. ââ¬Å"I donââ¬â¢t see them, either, Quil. I donââ¬â¢t see their faces.â⬠Quil sighed, too. Far away, too low for anyone but just us two to hear it over the waves, a howl rose out of the forest. ââ¬Å"Dang, thatââ¬â¢s Sam,â⬠Quil said. His hands flew up to touch Claire, as if making sure she was still there. ââ¬Å"I donââ¬â¢t know where her momââ¬â¢s at!â⬠Til see what it is. If we need you, HI let you know.â⬠I raced through the words. They came out all slurred together. ââ¬Å"Hey, why donââ¬â¢t you take her up to the Clearwatersââ¬â¢? Sue and Billy can keep an eye on her if they need to. They might know whatââ¬â¢s going on, anyway.â⬠ââ¬Å"Okay ââ¬â get outta here, Jake!â⬠I took off running, not for the dirt path through the weedy hedge, but in the shortest line toward the forest. I hurdled the first line of driftwood and then ripped my way through the briars, still running. I felt the little tears as the thorns cut into my skin, but I ignored them. Their sting would be healed before I made the trees. I cut behind the store and darted across the highway. Somebody honked at me. Once in the safety of the trees, I ran faster, taking longer strides. People would stare if I was out in the open. Normal people couldnââ¬â¢t run like this. Sometimes I thought it might be fun to enter a race ââ¬â you know, like the Olympic trials or something. It would be cool to watch the expressions on those star athletesââ¬â¢ faces when I blew by them. Only I was pretty sure the testing they did to make sure you werenââ¬â¢t on steroids would probably turn up some really freaky crap in my blood. As soon as I was in the true forest, unbound by roads or houses, I skidded to a stop and kicked my shorts off. With quick, practiced moves, I rolled them up and tied them to the leather cord around my ankle. As I was still pulling the ends tight, I started shifting. The fire trembled down my spine, throwing tight spasms out along my arms and legs. It only took a second. The heat flooded through me, and I felt the silent shimmer that made me something else. I threw my heavy paws against the matted earth and stretched my back in one long, rolling extension. Phasing was very easy when I was centered like this. I didnââ¬â¢t have issues with my temper anymore. Except when it got in the way. For one half second, I remembered the awful moment at that unspeakable joke of a wedding. Iââ¬â¢d been so insane with fury that I couldnââ¬â¢t make my body work right. Iââ¬â¢d been trapped, shaking and burning, unable to make the change and kill the monster just a few feet away from me. It had been so confusing. Dying to kill him. Afraid to hurt her. My friends in the way. And then, when I was finally able to take the form I wanted, the order from my leader. The edict from the Alpha. If it had been just Embry and Quil there that night without Samâ⬠¦ would I have been able to kill the murderer, then? I hated it when Sam laid down the law like that. I hated the feeling of having no choice. Of having to obey. And then I was conscious of an audience. I was not alone in my thoughts. So self-absorbed all the time,Leah thought. Yeah, no hypocrisy there, Leah,I thought back. Can it, guys,Sam told us. We fell silent, and I felt Leahââ¬â¢s wince at the word guys. Touchy, like always. Sam pretended not to notice. Whereââ¬â¢s Quil andJared? Quitââ¬â¢s got Claire. Heââ¬â¢s taking her to the Clearwatersââ¬â¢. Good. Sue will take her. Jared was going to Kimââ¬â¢s,Embry thought. Good chance he didnââ¬â¢t hear you. There was a low grumble through the pack. I moaned along with them. When Jared finally showed up, no doubt heââ¬â¢d still be thinking about Kim. And nobody wanted a replay of what they were up to right now. Sam sat back on his haunches and let another howl rip into the air. It was a signal and an order in one. The pack was gathered a few miles east of where I was. I loped through the thick forest toward them. Leah, Embry, and Paul all were working in toward them, too. Leah was close ââ¬â soon I could hear her footfalls not far into the woods. We continued in a parallel line, choosing not to run together. Well, weââ¬â¢re not waiting all day for him. Heââ¬â¢ll just have to catch up later. ââ¬ËSup, boss?Paul wanted to know. We need to talk. Somethingââ¬â¢s happened. I felt Samââ¬â¢s thoughts flicker to me ââ¬â and not just Samââ¬â¢s, but Sethââ¬â¢s and Collinââ¬â¢s and Bradyââ¬â¢s as well. Collin and Brady ââ¬â the new kids ââ¬â had been running patrol with Sam today, so they would know whatever he knew. I didnââ¬â¢t know why Seth was already out here, and in the know. It wasnââ¬â¢t his turn. Seth, tell them what you heard. I sped up, wanting to be there. I heard Leah move faster, too. She hated being outrun. Being the fastest was the only edge she claimed. Claimthis, moron, she hissed, and then she really kicked it into gear. I dug my nails into the loam and shot myself forward. Sam didnââ¬â¢t seem in the mood to put up with our usual crap. Jake, Leah, give it a rest. Neither of us slowed. Sam growled, but let it go. Seth? Charlie called around till he found Billy at my house. Yeah, I talked to him,Paul added. I felt a jolt go through me as Seth thought Charlieââ¬â¢s name. This was it. The waiting was over. I ran faster, forcing myself to breathe, though my lungs felt kinda stiff all of a sudden. Which story would it be? So heââ¬â¢s all flipped out. Guess Edward and Bella got home last week, andâ⬠¦ My chest eased up. She was alive. Or she wasnââ¬â¢t dead dead, at least. I hadnââ¬â¢t realized how much difference it would make to me. Iââ¬â¢d been thinking of her as dead this whole time, and I only saw that now. I saw that Iââ¬â¢d never believed that he would bring her back alive. It shouldnââ¬â¢t matter, because I knew what was coming next. Yeah, bro, and hereââ¬â¢s the bad news. Charlie talked to her, said she sounded bad. She told him sheââ¬â¢s sick. Carlisle got on and told Charlie that Bella picked up some rare disease in South America. Said sheââ¬â¢s quarantined. Charlieââ¬â¢s going crazy, ââ¬â¢cause even heââ¬â¢s not allowed to see her. He says he doesnââ¬â¢t care if he gets sick, but Carlisle wouldnââ¬â¢t bend. No visitors. Told Charlie it was pretty serious, but that heââ¬â¢s doing everything he can. Charlieââ¬â¢s been stewing about it for days, but he only called Billy now. He said she sounded worse today. The mental silence when Seth finished was profound. We all understood. So she would die of this disease, as far as Charlie knew. Would they let him view the corpse? The pale, perfectly still, unbreathing white body? They couldnââ¬â¢t let him touch the cold skin ââ¬â he might notice how hard it was. Theyââ¬â¢d have to wait until she could hold still, could keep from killing Charlie and the other mourners. How long would that take? Would they bury her? Would she dig herself out, or would the bloodsuckers come for her? The others listened to my speculating in silence. Iââ¬â¢d put a lot more thought into this than any of them. Leah and I entered the clearing at nearly the same time. She was sure her nose led the way, though. She dropped onto her haunches beside her brother while I trotted forward to stand at Samââ¬â¢s right hand. Paul circled and made room for me in my place. Beatcha again,Leah thought, but I barely heard her. I wondered why I was the only one on my feet. My fur stood up on my shoulders, bristling with impatience. Well, what are we waiting for?I asked. No one said anything, but I heard their feelings of hesitation. Oh, come on! The treatyââ¬â¢s broken! We have no proof ââ¬â maybe sheis sickâ⬠¦. OH, PLEASE! Okay, so the circumstantial evidence is pretty strong. Stillâ⬠¦ Jacob.Samââ¬â¢s thought came slow, hesitant. Are you sure this is what you want? Is it really the right thing? We all know what she wanted. The treaty doesnââ¬â¢t mention anything about victim preferences, Sam! Is she really a victim? Would you label her that way? Yes! Jake,Seth thought, they arenââ¬â¢t our enemies. Shut up, kid! Just ââ¬â¢cause youââ¬â¢ve got some kind of sick hero worship thing going on with that bloodsucker, it doesnââ¬â¢t change the law. They are our enemies. They are in our territory. We take them out. I donââ¬â¢t care if you had fun fighting alongside Edward Cullen once upon a time. So what are you going to do when Bella fights with them, Jacob? Huh?Seth demanded. Sheââ¬â¢s not Bella anymore. You gonna be the one to take her down? I couldnââ¬â¢t stop myself from wincing. No, youââ¬â¢re not. So, what? You gonna make one of us do it? And then hold a grudge against whoever it is forever? I wouldnââ¬â¢tâ⬠¦ Sure you wonââ¬â¢t. Youââ¬â¢re not ready for this fight, Jacob. Instinct took over and I crouched forward, snarling at the gangly sand-colored wolf across the circle. Jacob!Sam cautioned. Seth, shut up for a second. Seth nodded his big head. Dang, whatââ¬â¢d I miss? Quthought. He was running for the gathering place full-out. Heard about Charlieââ¬â¢s callâ⬠¦. Were getting ready to go,I told him. Why donââ¬â¢t you swing by Kimââ¬â¢s and drag Jared out with your teeth? Weââ¬â¢re going to need everyone. Come straight here, Quil,Sam ordered. Weââ¬â¢ve decided nothing yet. I growled. Jacob, I have to think about whatââ¬â¢s best for this pack. I have to choose the course that protects you all best. Times have changed since our ancestors made that treaty. Iâ⬠¦ well, I donââ¬â¢t honestly believe that the Cullens are a danger to us. And we know that they will not be here much longer. Surely once theyââ¬â¢ve told their story, they will disappear. Our lives can return to normal. Normal? If we challenge them, Jacob, they will defend themselves well. Are you afraid? Are you so ready to losea brother? He paused. Or a sister? he tacked on as an afterthought. Iââ¬â¢m not afraid to die. I know that, Jacob. Itââ¬â¢s one reason I question your judgment on this. I stared into his black eyes. Do you intend to honor our fathersââ¬â¢ treaty or not? I honor my pack. I do whatââ¬â¢s best for them. Coward. His muzzle tensed, pulling back over his teeth. Enough, Jacob. Youââ¬â¢re overruled.Samââ¬â¢s mental voice changed, took on that strange double timbre that we could not disobey. The voice of the Alpha. He met the gaze of every wolf in the circle. The pack is not attacking the Cullens without provocation. The spirit of the treaty remains. They are nota danger to our people, nor are they a danger to the people of Forks. Bella Swan made an informed choice, and we are not going to punish our former allies for her choice. Hear, hear,Seth thought enthusiastically. thought I told you to shut it, Seth. Oops. Sorry, Sam. Jacob, where do you think youââ¬â¢re going? I left the circle, moving toward the west so that I could turn my back on him. Iââ¬â¢m going to tell my father goodbye. Apparently there was no purpose in me sticking around this long. Aw, Jake ââ¬â donââ¬â¢t do that again! Shut up, Seth,several voices thought together. We donââ¬â¢t want you to leave,Sam told me, his thought softer than before. So force me to stay, Sam. Take away my will. Make me a slave. You know I wonââ¬â¢t do that Then thereââ¬â¢s nothing more to say. I ran away from them, trying very hard not to think about what was next. Instead, I concentrated on my memories of the long wolf months, of letting the humanity bleed out of me until I was more animal than man. Living in the moment, eating when hungry, sleeping when tired, drinking when thirsty, and running ââ¬â running just to run. Simple desires, simple answers to those desires. Pain came in easily managed forms. The pain of hunger. The pain of cold ice under your paws. The pain of cutting claws when dinner got feisty. Each pain had a simple answer, a clear action to end that pain. Not like being human. Yet, as soon as I was in jogging distance of my house, I shifted back into my human body. I needed to be able to think in privacy. I untied my shorts and yanked them on, already running for the house. Iââ¬â¢d done it. Iââ¬â¢d hidden what I was thinking and now it was too late for Sam to stop me. He couldnââ¬â¢t hear me now. Sam had made a very clear ruling. The pack would not attack the Cullens. Okay. He hadnââ¬â¢t mentioned an individual acting alone. Nope, the pack wasnââ¬â¢t attacking anyone today. But I was. How to cite The Twilight Saga 4: Breaking Dawn 8. Waiting For The Damn â⬠¦, Essay examples
Sunday, May 3, 2020
One Global Culture Essay Sample free essay sample
Outline Globalization signifies intensifying planetary connectivity. incorporation and mutuality in the economic. cultural. technological. societal. ecological. and political eyeball. Globalization has an mixture of features. which influence the universe in legion dissimilar ways. The assorted signifiers of Globalization are as such. Industrial Globalization. pseudonym Trans-nationalization is come uping of world-wide industry markets and wider entree to an mixture of ware for consumers and companies. However. what it appeared that the consequence of this procedure would be a universe with one civilization and elements like cultural pride. sovereignty. individualism would neglect to be in the long tally. The derivation of this decision was deciphered with the aid of socio-political instrumentality and economic influences that straight effect/affect the rise and autumn of civilization. The construct of one civilization. the direct subject of the paper. was explained with the aid of Georgette Wang and Emilie Yueh-yu Yehââ¬â¢s article `Globalization and hybridisation in cultural merchandises: The instances of Mulan and Crouching Tiger. Hidden Dragon` . published in the International Journal of Cultural Studies in 2005. trades with this one civilization theory. All these facets proved that the universe so traveling towards a one-world civilization format but it is non against the will of the general mass but with the gradual blessing of the population. Introduction The focal point of the paper is to measure and analyse the state of affairs where there is a possibility of the universe going a individual Global Culture. It would besides be evaluated if there would be a loss of cultural pride. sovereignty and individualism. For the intent important media manifestation like US-Chinese films like ââ¬ËMulanââ¬â¢ and ââ¬ËCrouching Tiger Hidden Dragonââ¬â¢ would be taken into history to turn out the cultural uniqueness theory. Additionally. the socio-political influences along with economic significances would besides be evaluated as they are straight related to the preparation of cultural pride. sovereignty and individualism. Globalization can be referred to as a new epoch of sunlight bit by bit but increasingly dispersing its beams all over the universe. integrating the states. conveying people. civilization and economic systems near to each other. Globalization signifies intensifying planetary connectivity. incorporation and mutuality in the economic. cultural. technological. societal. ecological. and political eyeball. Globalization acts as an umbrella phrase and is perchance best explained as a unitary patterned advance comprehensive of several sub-processes. such as improved fiscal mutuality. augmented cultural authorization. rapid advancement of information engineering. and superior administration and geopolitical defies that are of all time more binding people and the biosphere excess steadfastly into one planetary system. Harmonizing to Encyclopedia Britannica. globalisation is the class through which the apprehension of daily life is going harmonized all over the Earth. Globalization has an mixture of features. which influence the universe in legion dissimilar ways. The assorted signifiers of Globalization are as such. Industrial Globalization. pseudonym Trans-nationalization is come uping of world-wide industry markets and wider entree to an mixture of ware for consumers and companies. Fiscal Globalization is visual aspect of international financial markets and improved entree to foreign funding for commercial. national and local borrowers. Economic Globalization is the comprehension of a cosmopolitan widespread market. based on the autonomy of exchange of supplies and capital. Political Globalization is the construct of a universe authorities. which controls the associations between states and assures the rights originating from communal and fiscal globalisation. Informational Globalization is the augment in information flows between geographically unaccessible locations. Discussion Cultural Globalization is intensification of cross-cultural dealingss. induction of fresh classs of perceptual experiences and peculiarity such as Globalism. which exemplify cultural conductivity. the craving to acquire through and hold the benefit of foreign trade goods and thoughts. take on advanced engineering and patterns. and play a portion in a universe civilization. Ecological Globalization refers to the beginning of planetary ecological defies that can non be worked out devoid of international coaction. for case clime changes. cross boundary H2O and air taints. inordinate fishing of the ocean. and the multiplicity of invasive species. Social Globalization is the term for achievement of gratis flow by people of all states. Georgette Wang and Emilie Yueh-yu Yehââ¬â¢s article `Globalization and hybridisation in cultural merchandises: The instances of Mulan and Crouching Tiger. Hidden Dragon` . published in the International Journal of Cultural Studies in 2005. trades with this one civilization theory. They refer to it as cultural hybridisation. In recent old ages with the development of the construct of planetary small town. hybridisation is fast going the order of the twenty-four hours. In this construct. it becomes necessary for an industry to run into the demands of both local and planetary market all at the same clip. In add-on. no industry is a better illustration meeting this double market at one given clip frame than the film industry to determine a preparation of this phenomenon of globalisation and hybridisation. The writers Georgette Wang and Emilie Yueh-yu Yeh hence have taken into consideration two planetary blockbustersMulanandCrouching Tiger. Hidden Dragonfor the intent. Harmonizing to the writers. Georgette Wang and Emilie Yueh-yu Yeh there are chiefly three of import characteristics of this phenomenon. These can be enumerated as reculturalization. acculturalization and deculturalization. ( Wang. 2005. 3. 1 ) Harmonizing to the writers the important attack ofCrouching Tiger. Hidden Dragoncan be good emulated as a premier illustration of globalisation and hybridisation in a market where the axiom is to travel beyond the parametric quantities of the local market construction and gaining control the planetary audience. To accomplish this mark the manager Ang Lee of the film made certain that the usual tone Chinese films are kept down and spirits are added to run into the gustatory sensation of a planetary audience. The writers take note of the fact that ââ¬Å"Ang Lee. being a diasporic Chinese. has attempted to transfuse a specific cultural significance in Crouching Tiger that no member of the Disney squad would be interested in. â⬠( Wang. 2005. 187. 2 ) On the other manus. the production of the alive characteristic movieMulanis to be taken into history. ââ¬Å"The Mulan narrative is based on a popular lay written during the Northern Wei Dynasty ( 386ââ¬â534 AD ) about a legendary 14-year-old miss Mulan who. as a filial girl. voluntaries to fall in the ground forces. by concealing her gender. in her fatherââ¬â¢s topographic pointâ⬠. ( Wang. 2005. 180. 2 ) This is a preponderantly Chinese narrative and the aura of Chinese facets is all over the physique up of the narrative. It is more frozen to chine than it is foreign to Hollywood. This is an illustration of another facet of globalisation and hybridisation seen from the position of the other manner around. In this instance. the Disney production squad approached the movie with adequate drift that gave a specific Chinese vibration to the movie. This is an illustration of hybridisation where a planetary company is guaranting its selling scheme to capture the local market. Therefore. it could narrate the facet of the basic issue globalisation and hybridisation is but a bipartisan attack. There the basic axioms of capitalistic economic system are taken into consideration at every measure of explicating the schemes of selling. It is obvious that the basic drift of any concern is to cover with the principals of net income and the methods of maximization of net income border. In this context of market induced economic system that the issues of globalisation and hybridisation should hold been considered by the writers Georgette Wang and Emilie Yueh-yu Yeh. However. they remained focused chiefly in the facets of corporate issues and societal context. However. this specific issue could hold been dealt a certain truth in a much better mode if the truth had been evaluated and taken into consideration that ââ¬Å"the affair of money is non merely about accretion of money but accretion of powerâ⬠. ( Lamb. 2004. 181 ) therefore it could be ascertained that society and everything related to the society is evolved and metamorphosed by the by use of economic system and globalisation and hybridisation is no different issue in this context. The writers Georgette Wang and Emilie Yueh-yu Yeh mentioned in their article ââ¬Å"To an foreigner. there are things about other civilizations that are insensible. unlogical or unreasonable and yet are accepted without inquiry as wonts or traditions by the members of that civilization. To work out the job. cultural elements that were deemed to be beyond common sense to Schamus were compromisedââ¬Å" . ( Wang. 2005. 180. 2 ) True it is to the context but seen from a sociological point of perceptual experience. If the authors had been nearing in mode maintaining in head an economic background this sociological impact would hold fallen in topographic point rather easy. However. it can be ever mentioned that the East has really intricate value systems. which even today pose inquiries to the West. Particularly states like Japan and China who base their belief in Confucian and Zen wisdom tend to respond really otherwise than their Western opposite numbers. A thorough apprehension is needed of their civilization. perceptual experiences and manner of thought in order to foretell their behavior on Western understanding graduated tables. Globalization forces the West to interact with East on a really big graduated table and success of this interaction will be based on these important key points. which determine the mind of the Chinese modern director. Ethical values and corporate societal duty are fast deriving planetary precedence. The corporate sector has. since long. behaved as an stray entity. powerful plenty to act upon and order waies in the life of the common individual. every bit good as authoritiess. The outgrowth of environmental concern and sustainability issues has highlighted the function of moralss and societal duty in the operation of the corporate sector. Modernisation has brought in philistinism and consumerism. which by itself is non damaging. ( Fletcher. 2003. 224. 3-5 ) Therefore. the positions of the writers Georgette Wang and Emilie Yueh-yu Yeh hold significant truth on the impact and rating of globalisation and hybridisation. The writers are specifically to the point when they mention. ââ¬Å"cultures are by nature fluid and are ever in gesture as the consequence of go oning interaction both from within the civilization itself and with the outside worldâ⬠. ( Wang. 2005. 190. 3 ) Therefore. it is obvious that the issue of globalisation and hybridisation is a ephemeral issue. which would finally ensue in the formation of homogeneous merger of all human cult and civilization. ( Lamb. 2004. 116. 1 ) King mentioned in his bookFilm Todaythat films likeCrouching Tiger. Hidden Dragonare non here to remain for long because the industry in China is upwards nomadic corporate house that is acquiring ready to be amalgamated with Hollywood and everything would be seen from the point of position of a planetary villager and a planetary villager barely cares for any specific cultural spirit. ( King. 2006. 433. 1 ) It could therefore be ascertained as per the writers Georgette Wang and Emilie Yueh-yu Yeh that the issue of globalisation and hybridisation would finally take to a state of affairs where there would be no specified local civilization at all. Indications are bright about this possibility and there is no manner but to differ with them in this regard. Furthermore. Globalization by and large refers to greater international cultural exchange. airing of multiculturalism. and enhanced single entree to cultural diverseness. for case through the export of Bollywood and Hollywood film. On the other manus. the brought in civilization can effortlessly step into the places of the local civilization. doing decline in mixture through hybridisation or even incorporation. The mostly outstanding signifier of this is Westernization. but Sinicization of civilizations has occurred over the most portion of Asia for several centuries. Augmented intercontinental travel and touristry. greater than before in-migration despite the fact that it may besides pave the manner for illicit in-migrations. dispersion of local consumer ware such as nutrient merchandises to other states over and over once more doing them acquainted to their civilization. broad making manner and pop civilization such as Pokemon. Origami. Idol series. etc. planetary sporting events for case FIFA World Cup and the Olympic Games. constellation or growing of a set of cosmopolitan criterions etc are the parts of Globalization. Globalization has besides spread its wings in Technical every bit good as legal spheres. Development of a world-wide telecommunications substructure and larger across the boundary line informations flow. by agencies of such engineerings as the communicating orbiters. Internet. radio telephones. and undersea fiber ocular overseas telegram. etc. Rise in the numbers of criterions applied globally. such as copyright jurisprudence. patents and planetary trade agreements. The shove by several advocators all. over the universe. for a planetary condemnable tribunal and world-wide justness motions. Globalization may every bit good be defined as the internationalisation of the whole thing associated with different states. Internationalization on the other manus. is a distinguishable phenomenon to that of Globalization. The look ââ¬Å"Globalizationâ⬠was denominated in the reasoning portion of the 20th century. and the phrase and its feeling did non inculcate recognized consciousness in expectancy of the latter half of the 19 1880ss. Assortments of societal scientists have endeavored to do obvious connexion between present twenty-four hours tendencies of globalisation and old era. Globalization is a century-protracted class of action. maintaining path of the distributing out of human population and the escalation of civilisation that has pick up the gait well in the past 50 old ages. Previous signifiers of globalisation were present during the Mongol Empire. when there was better incorporation through the Silk Road. Global merger sustained through the distributing out of European trade. as in the sixteenth and 17th centuries. when the Portuguese and Spanish kingdoms got in touch with to all corners of the planet. The influence on European industries were singular for case Silver Mining in Schwaz. in Austria was partly deserted. since Ag was gettable from the Spanish settlements for cheaper monetary values. Globalization transformed into a commercial phenomenon in the 7th century with the constitution of the first Multinational Company in The Netherlands. At the clip of the Dutch Golden Age. the Dutch East India Company was formed as a private obsessed organisation. For the ground that of the high menaces are implicated with the international concern. ownership was determined with sum of obsessed Shares. The Dutch East India Company was the earliest organisation on the planet to publish portions. a important driver for globalisation. Relaxation in the 19th century is by and large known as ââ¬Å"The First Era of Globalizationâ⬠. an era identified by rapid enlargement in planetary trade and investing. between the European regal powers. their settlements. and. shortly after. the United States. ( Roy. 2001 ) Globalization in the period from the clip after World War II has been driven by betterment in engineering. which has declined the disbursals of trade. and concern arbitration unit of ammunitions. ab initio under the sponsorship of GATT. which led to a sequence of Concords to make away with limitations on gratis trades. Given that. the terminal of World War II. after the reaching of the United Nations and the Bretton Woods establishments. there has been a sudden addition in the attainment and influence of Multinational corporations and the fast enlargement of planetary civil society. The planet of all time more is met caput on by problems that can non be resolved by single states or provinces contending unaccompanied. Cases comprise cross boundary air and H2O pollutions. inordinate fishing of the oceans and several other awful conditions of the natural environment. directives of outer infinite. planetary heating. world-wide terrorist webs. comprehensive trade and finance. and many more. Explanation to these nuisances requires new lineations of coaction and the formation of advanced planetary organisations. The Global scenario group. an ecological research and expecting establishment. analyses globalisation as fraction of the Budge to a Planetary chapter of Civilization. identified by planetary societal associations. economic systems. and substructures. The Global scenario group besides mentions that the future disposition of this planetary society is open and full of challenges. Neo-liberalism is a ticket for economic laissez faire that explains authorities policies intended to back liberated competition between trade houses inside market. peculiarly liberalisation and monetarism. which is distinguishable from Globalization. which by and large refers to greater international cultural exchange. airing of multiculturalism. and enhanced single entree to cultural diverseness. In wide spectrum. neo-liberalism corresponds to a back off from the Keynesian economic sciences that were predominating without more bustle after World War II. The thought endorses a liberalisation of capital markets hence termed as ââ¬Å"neo-liberal reformâ⬠. More peculiarly. neo-liberalism encourages a stable currency. a free market capitalist economy. indifferent budget. and free trade. Distinguishing features take history of distributing out of the market to a unit of ammunition the clock planetary trading rhythm. treaty animalization. and augmentation in the rate of return of contracts. ceaseless ratings. and imitative markets. Adversaries argue that neo-liberalism is the operation of comprehensive capitalist economy through military or authorities intervention to guard the involvements of transnational pudding stones. over and above this free trade besides casts influences on rewards and societal constructions. ( Roberts. 2005 ) Distinguished rivals to neo-liberalism in hypothesis or in exercising comprise eminent economic experts Joseph Stiglitz and Amartya Sen. Noam Chomsky. and the anti-globalization motion. Neo-liberalism expression upon market mechanism as superior to provinces are distinguishable from globalisation. which refers to the turning incorporation of economic systems and societies around the Earth. Transformationalists are geared up to take an in between class. The globalists may perchance hold embroidered their instance. but there remains cogent evidence of widening and elaboration of overall flows. Transformationalists are determined on the mixture of flows and the merger of messages. A few programmes are non imported. but are re-contextualized in having states. The coming of globalisation. on the other manus. transformationalists would deduce. is non that diminutive has altered. but that the intension of what has distorted should be noted at with consciousness. For instance in point orbiter telecasting. which got separated from national broadcast medium. has still a really restricted figure of addressees and its influence on national civilizations has continues to stay restricted. In add-on. national broadcasters are transforming their messages to travel good with the orbiter medium. There are dissensions between media pudding stones. among assorted nations-states and velocity and character of proficient growing might ease in nearing one or another manner out. While there is a step of globalisation. its velocity and way is variably contested. The nation-state continues to maintain clasp of most of its authorization. but it requires blossoming them and implementing them in advanced ways. if it desires to carry through defies of planetary forces and planetary histrions. For case in a planetary construction of administration the perceptual experience of sovereignty is going a much more expandible and absorptive 1. Sovereignty requires be sharing. go throughing to planetary with local organic structures. It is put into consequence by provinces. It is done in combination with local and supranational organic structures. This does non basically mean that globalisatio n is impairment the power of nation-states. However. it does connote that this authorization. in bend to be effective. has to be transformed and reorganized. In add-on. this is to a grade already taking topographic point. Harmonizing to some. for case. certain international establishments are in world best implicit as a response to planetary forces or better as a reemphasize in a dynamic method of the governments of states. Therefore for transformationalists the peculiar signifiers followed by globalisation are non predictable. Decision Detractors of the economic issues of globalisation challenge that it is an alterable process. which flows logically from the economic demands of every individual. as its protagonists of course argue. The oppositions by and large accentuate that globalisation is a class that is arbitrated in conformity with the commercial benefits. and of course promote the chance of unconventional planetary organisations and schemes. which they suppose attend to the ethical claims of disadvantaged and working categories all over the Earth. with ecological concerns in a more impartial mode. ( Sen. 2001 ) Economic sentiments by laissez faire logician assert that unobstructed free trade benefits the rich. and those with monetary influence at the expense of the hapless and disadvantaged people. Some argue that globalisation inflicts credit-based economic sciences. consequential in untenable expansion of liabilities and debt crises. Many international organisations that have a strong worldwide authorization are non democratically maintained. nor are their caputs democratically selected. Consequently. they are assumed by people as ace national undemocratic governments. Expostulations by the planetary justness motion have strained sophisticated intercontinental conferences off from the head metropoliss where they used to be held. into stray sites where expostulations are non practical. In decision. it should be mentioned that hybridisation of civilizations are nil new to the history of the universe and it every bit happened earlier. However. the lone difference this clip is that the graduated table is taking topographic point at a much larger parametric quantity today. We can good determine there would be a individual civilization in yearss to come is the current tendency is in gesture on an uninterrupted mode. There would be a loss of cultural pride. sovereignty. individualism but the gradual alteration would do it endurable for all. and the one universe scenario would be welcomes by the coevalss undergoing the alteration. Bibliography: Fletcher. R ; ( 2003 ) ;Beliefs and Knowledge: Believing and Knowing; Howard A ; Price. King. H ; ( 2006 ) ;Film Today; HBT A ; Brooks Ltd Lamb. Davis ; ( 2004 ) ;Cult to Culture: The Development of Civilization on the Strategic Strata; National Book Trust. Roberts. O M ; ( 2005 ) ;Outline of Global Economy; Wellington: National Book Trust Roy. D P ; ( 2001 ) ;Birth of Thought: The Evolving Intelligence; Part II ; Auckland: HDT Ltd. Sen. S ; ( 2001 ) ;Difference between Thinking and Acting in Global Economics; Bloemfontein: ABP Ltd. Wang. G. ; Yeh. E. Y. ( 2005 ) ;Globalization and hybridisation in cultural merchandises: The instances of Mulan and Crouching Tiger. Hidden Dragon; International Journal of Cultural Studies. vol. 8. no. 2. 2005
Wednesday, March 25, 2020
Small Firm Effect Essay Example
Small Firm Effect Paper At last, a conclusion about whether or not to use this anomaly earn profit will be provided. Explanation of small firm effect and its methodologies Small firm effect refers to a situation which the average risk adjusted returns of smaller firms are higher than the larger firms Band(1981). This situation shows the insufficient of CAMP in predicting the stock returns and counter-argues the efficient market hypothesis Band(1981). It was found by researching the relationship between the return and market value of common stocks in the New York Stock Exchange. The researchers build a generalized asset pricing model which adds the variable market value of security to the capital assets pricing model Band(1981). The constant measuring the contribution of market value of a stock to the expected return of the stock was found as a significantly negative number for the all-time period Band(1981). This indicates that the larger the market values the smaller the expected returns Band(1981). Supporting evidence There are several evidences support the small firm effect as an anomaly counter- argues the efficient market hypothesis in relate to the capital assets pricing model. Under the efficient market hypothesis, no persistent excess profits can be earned on a stock by using public available information. However, the research done by Band(1981) proves that about twenty percent risk-adjusted profits can be earned by using strategy of taking long positions in a portfolio of smaller firms and taking short position in a portfolio of larger firms in a year. Furthermore, the researches done by Brown, Klein and Marsh (1983) shows that excess returns can be earned in related to firm size but the effect is not stable over time. We will write a custom essay sample on Small Firm Effect specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Small Firm Effect specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Small Firm Effect specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Moreover, the study done by Kim(1983) also proves that there is a size related anomaly and its seasonality. Kim(1983) founds around fifty percent of abnormal returns related to firm size are earned in January, twenty-six percent are earned during the first trading week in a year and around eleven percent are earned in the first trading day. Small firm effect in different equity market The study done by Reengaging (1990) found that the relative price behaviors of larger and smaller firms on ETC stocks are different. The costs of trading for small stocks are different in different markets (Reengaging 1990). Thus, an analysis of the evidence for small firm effect in different equity market is important. Small firm effect not only happens in USA but also in the other countries. It has been proved existence in Australia by Brown, Kim, Klein and Marsh (1983). Furthermore, a study done by Chemung, Lounge and Wong (1994) on Korean Stock Exchange also proves the existence of small firm effect. In mean return analysis, the study shows the portfolio with smallest firm size got the highest average monthly return (Chemung, Lounge and Wong 1994). In risk-adjusted return analysis, they use the Sharpe-Lintier version of the two parameter assets pricing model to examine the influence of firm size and E/P ratio on the risk-adjusted portfolio returns (Chemung, Lounge and Wong 1994). The result shows the portfolio of small firms get the highest and only positive risk-adjusted returns (Chemung, Lounge and Wong 1994). Moreover, the small firm effect also exists in Belgium, Ireland, Japan, Mexico, Spain, Switzerland and United Kingdom (Hawaiian and Kim 2000). However, there are no significant relationships between firms size and returns in Canada and France and the size premium significantly different in different markets (Hawaiian and Kim 2000). Small firm effect in different time The researches done by Brown, Klein and Marsh (2001) on U. S. Stock market shows hat excess returns can be earned in related to firm size but the effect is not stable over time. Damson and Marsh (2001) believe that market anomalies apply to Murphys Law which if things can go wrong, it will eventually go wrong. That is, the excess return of small companies will eventually move towards reverse. They compared the stock return of small firms in the U. K. Stock markets with that in the U. S. Stock markets from 1955 to 1997. The study shows the stock returns of small firms were 6% higher than large firms during 1955 to 1986 then many founds Management Company launched between 1987 and 1988, followed a reverse on stock returns of small firms were 6% lower than the large firms from 1989 to 1997 (Damson and Marsh 2001). This may also be contradicts for the small firm effect. Reasons for existence of small firm effect Misprinting Some researchers explained the small firm effect as misprinting from the measurement or method error of assets price model, but Roll (1983) finds this is not the case. He believed that the frequency of trading and holding period can affect the beta estimates. The risks of small firm were undervalued and returns were overvalued for small firms in short holding period (Roll 1983). Furthermore, as small firms are traded not often, the daily stock returns were delayed, the risk was undervalued (Roll 1983). However, Reengaging (1982) use the method of aggregated coefficients to estimate the stock risks and finds undervalue of risks for small firms is not a strong evidence for small firm effect. The study done by Fame and French (1992) also shows firm size is better at explaining the excess returns on small firm than stock risks. Transaction cost The transaction cost for small firms are usually higher than that for large firms. Transaction cost includes direct cost and indirect cost. Indirect cost includes brokerage fees and bid-ask spread. Indirect costs include fees generated by information searching and portfolio management. Amid and Mendelssohn (1986) regard the bid-ask spread as representative of stock trading frequency. Larger bid- ask spread means market thinness. Then they built three models to test the relationship among stock returns, risk of stocks and bid-ask spread. The result shows relationship between stock returns and bid-ask spread are significant stronger than allegations between stock returns and risk of stocks at explaining the small firm effect (Amid and Mendelssohn 1986). Furthermore, Amid (2002) believed that expected market liquidity has a positive influence on ex-ante excess stock returns and return on stock is negatively related over time to contemporaneous unexpected liquidity. Liquidity has stronger influence on small firms (Amid 2002). Amid proved his hypothesis by examine stock in NYSE from 1964 to 1997. Less available information The third reason of existence of small firm effect is small firm has less available information. Theoretical research has proved that firms with less available information should, other variable remain unchanged, get higher returns to make up estimation risk (Manhattans). Thus, less average available information for small firms may be the reason of small firm effect. Nathan (1996) proved this hypothesis in his article. Different fundamental structure Different fundamental structure between large firms and small firms may be one of the reasons for small firm effect. Small firms in NYSE are less efficiently run and have higher financial leverage and these kinds of risks are not easy to be captured by arrest index compare to large firms (Chain and Chem. 1991). Thus the small firm should get higher stock return to make up the estimation risk. Exploit ability and limitation of profit-earning strategy This essay believes that small firm effect is not exploitable now. Somebody may argue that profit can be earned by taking long positions in a portfolio of smaller firms and taking short position in a portfolio of larger firms. In fact, it is hard to keep a portfolio with small shares which long and short position can be held and traded quickly in the real world (Bradford, Haney and Billion 2011). Furthermore, the transaction cost of take short position is larger than take long position (Bradford, Haney and Billion 2011). Moreover, the article written by Damson and Marsh (2001) points out excess return of small companies will eventually move towards reverse and their study shows stock returns of small firms were 6% lower than the large firms from 1989 to 1997 which indicate the small firm effect already move towards reverse in U. K.. Conclusion In conclusion, this essay does not recommend the fund manager use strategy of taking long positions in a portfolio of smaller firms and taking short position in a oratorio of larger firms to exploit as loss may occur.
Friday, March 6, 2020
The Age of Pericles and Periclean Athens
The Age of Pericles and Periclean Athens The Age of Pericles refers to part of the Classical Age of Greece, when the dominant polis- in terms of culture and politics- was Athens, Greece. Most of the cultural wonders that we associate with ancient Greece come from this period. The Dates of the Classical Age Sometimes the term Classical Age refers to the entire expanse of ancient Greek history, from the archaic period, but when used to distinguish one era from the next, the Classical Age of Greece begins with the Persian Wars (490-479 B.C.) and ends with either the empire-building or the death of the Macedonian leader Alexander the Great (323 B.C.). The Classical Age is followed by the Hellenistic Age that Alexander ushered in. Besides war, the Classical era in Athens, Greece, produced great literature, philosophy, drama, and art. There is a single name that signifies this artistic period: Pericles. The Age of Pericles (in Athens) The Age of Pericles runs from the middle of the 5th century to either his death at the start of the Peloponnesian War or the end of the war, in 404. Pericles as Leader While he was not a king or dictator in charge of Athens, Greece, Pericles was the foremost statesman of Athens from 461-429. Pericles was repeatedly elected to be one of the 10 strategoi (generals). Aspasia of Miletus Pericles was strongly influenced by Aspasia, a female philosopher and courtesan from Miletus, who lived in Athens, Greece. Because of a recent citizenship law, Pericles couldnt marry a woman who wasnt born in Athens, so he could only cohabit with Aspasia. Pericles Reforms Pericles introduced payment for public offices in Athens. Pericles Building Projects Pericles initiated the building of the Acropolis structures. The Acropolis was the high point of the city, the original fortifiable area before the city of Athens expanded. Temples topped the Acropolis, which was behind the Pnyxà hill where the assembly of the people gathered. Pericles preeminent building project was the Parthenonà (447-432 B.C.), on the Acropolis. The famed Athenian sculptor Pheidias, who was also responsible for the chryselephantineà statue of Athena, supervised this project. Ictinus and Callicrates served as architects for the Parthenon. Delian League Pericles is credited with moving the treasury of the Delian League to Athens, Greece, and using its money to rebuild the Acropolis temples that the Persians had destroyed. This was an abuse of the treasury funds. The money was supposed to be for theà defense of Athens and its Greek allies. Other Famous Men in the Classical Age Besides Pericles, Herodotus the father of history and his successor, Thucydides, and the 3 famous Greek dramatists Aeschylus, Sophocles, and Euripides lived during this period. There were also renowned philosophers like Democritus during this period, as well as sophists. Drama and philosophy flourished. The Peloponnesian War But then the Peloponnesian War broke out in 431. It lasted for 27 years. Pericles, along with many others, died of an undetermined plague during the war. The plague was especially deadly because people were crowded together within the walls of Athens, Greece, for strategic reasons connected with the war. Historians of the Archaic and Classical Period HerodotusPlutarchStraboPausaniasThucydidesDionorusà SiculusXenophonDemosthenesAeschinesNeposJustin Historians When Greece Was Dominated by the Macedonians DiodorusJustinThucydidesArrian fragments of Arrian found in PhotiusDemosthenesAeschinesPlutarch
Wednesday, February 19, 2020
Reflection on teaching Research Paper Example | Topics and Well Written Essays - 1250 words
Reflection on teaching - Research Paper Example Transformation learning theory remains a useful tool in designing adult education. Transformative learning theorists such as Edward Taylor, Patricia Cranton, Robert Body, and Robert Kegan have contributed greatly to the field of education. Their works identified factors that characterize transformative learning. They pointed the challenges face by educators in transformational learning environments. Their contribution to the transformational theory enhanced adult education. This reflective essay focuses on the contribution of the above theorists in enhancing adult education. Understanding the meaning of transformative learning is crucial since it enables us to understand how different adult teaching approaches work. I realized that the term transformational is used in different concepts to refer to idealized adult learning based on the nature of human communication. Jack Mezirow, who developed the theory of transformative learning in 1978 appreciated the importance of reflection in l earning. As we grow, we experience different situations, which change our perspectives (Taylor & Cranton, 2012). I had never realized the effects the different experiences have on our views. However, the transformational learning theory empowered me to understand that the different experiences accumulate and are the raw materials for transformation learning which occurs during adulthood. ... Based on the difference, the learner is able to make appropriate decision or changes. In my understanding, transformative learning encompasses trying to solve an existing problem using a new approach. It enables learners to expand their conscientiousness. During transformative learning, the learners become aware of the different selves within their psyche. Additionally, the learners become aware of their expectations and assumptions as well as those of other and interpret them to assess their relevance. .By assessing other peopleââ¬â¢s perspectives, the student learns to accept other people views. Studies on transformative learning have been used in altering learning environments to enhance adult education. Adult learners can be taught using different methods. Edward Taylor, a renowned contributor of transformative leaning, argued that the learning environment determined the level of openness demonstrated by learners. I agree with this since I also learn differently in different e nvironment. Taylor argued that ideal leaning conditions should encourage studentsââ¬â¢ autonomy and participation. Additionally, Taylor described effective instruction methods as those that promote learner centered teaching approach (Taylor & Cranton, 2012). Recent approaches on transformative learning emphasize on learning through intuitive and unconscious processes. Patricia Cranton is one theorist who has studied the role of intuitive and unconscious process in decision-making. Crantonââ¬â¢s views on informative learning helped me appreciate the role of reflection in learning. It is sitting back to contemplate on ones views, compare them with those of others and
Tuesday, February 4, 2020
Discussion Question Essay Example | Topics and Well Written Essays - 500 words - 8
Discussion Question - Essay Example Operations and supply management is vital in developing the supply chain of the vaccine to ensure that vaccines are delivered on time. More vaccines may be insufficient or unavailable if the patients and government paid more money because the producer or manufacturer may not have the capacity to generate more vaccines. Even if the manufacturer bought more machines to enhance production of the vaccine, it would consume a lot of time to ramp up and attain the expected vaccine capacity. The demerit or minus of producing more or extra vaccine at high cost is that it will automatically cut into profits because it needs new and modern machines to be bought. Further, it will require training and hiring of new workers, which may be costly. The process of manufacturing is devised in a manner that it balances costs, profits, and capacity. The producers and the government require to hold the vaccine to a high standard as this will enhance quick delivery of the vaccines to the patients. This could be devised in a manner that the government could test the quality of the vaccine and deliver it to the patients. The pluses of producing more vaccines at an increased cost is that it will enhance efficiency and quality of the vaccine produced because more money would have been used to conduct enough research about the vaccine. The government and producers can assess the risk of harm associated with the production of the vaccine. Therefore, they will determine if the intended vaccine confer immunity to certain virus or not. This will enable the government and the producers to provide advance warning that failure or harm of the vaccine may occur since vaccination is usually experimental each time it is administered on people. Vaccination may be risky or beneficial, therefore, in order to ensure the safety of the patients, the government should ensure that there manufacturers produce enough vaccines that can be delivered to be people in case the vaccine fails to confer immunity.
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