Wednesday, May 6, 2020
Symbolism And Symbolism Of The Great Gatsby By F. Scott...
Annelise Conte Roe H English 10 December 2012 In every piece of great literature authors use symbols to convey a feeling or thought. The novel, For example, Lord the Flies, William Golding memorably uses a conch shell to represent order and the destruction of order. Or in To Kill a Mockingbird, Harper Lee uses the physical and metaphoric sense of the mockingbird to convey the idea of innocence and the loss of innocence. In The Great Gatsby, F. Scott Fitzgerald employs the use of symbols to enhance a tragic tale of the corruption and decay of the American dream in the 20s. Three powerful symbols employed by Fitzgerald in The Great Gatsby area green-light, the valley ashes and the eyes of Doctor T.J. Eckleburg to represent dreams and their unattainability, moral decay and decay of life, and the eyes of god watching us. The green-light is a light at the end of Daisy Buchananââ¬â¢s dock, the woman Gatsby loves and yearns for and is a symbol for unattainable dreams. Jay Gatsby is a wealthy eccentric man that lives next to the narrator, Nick Carraway. The first chapter introduces the mysterious Gatsby by showing him stretching, ââ¬Å"his arms toward the dark water in a curious way.â⬠(21) Nick mystified looks across the water a observes, ââ¬Å"nothing except a single green light.â⬠(22) Every night Gatsby goes out observes the light and dreams of life he wants with Daisy. It is his guiding light towards his ultimate goal. The green light is described as, ââ¬Å"minute and far awayâ⬠(22) whichShow MoreRelatedSymbolism Of The Great Gatsby By F. Scott Fitzgerald1440 Words à |à 6 Pages Katelyn Sullivan Professor Cahan College Writing (CUL-221624-01X) 30 November 2015 Symbolism in The Great Gatsby The Great Gatsby by F. Scott Fitzgerald is considered one of the greatest American novels ever written. A major aspect of the story is its symbolism, which is depicted through Fitzgeraldââ¬â¢s views regarding American society in the 1920ââ¬â¢s. Two significant elements of symbolism include, the green light and the eyes of Doctor T.J. Eckleburg. Each component to the storyline isRead MoreSymbolism Of The Great Gatsby By F. Scott Fitzgerald1764 Words à |à 8 PagesSymbolism always plays an important role in literature. F. Scott Fitzgerald heavily uses symbolism in the novel The Great Gatsby. Fitzgerald uses specific symbols as a vehicle to drive the main themes throughout the novel. Carelessness of the upper class, false appearances versus reality, and disillusionment of the American dream are all important themes Fitzgerald portrays through his use of symbolism. The use of symbolism throughout the novel The Great Gatsby is key in advancing and uniting theRead MoreSymbolism O f The Great Gatsby By F. Scott Fitzgerald1130 Words à |à 5 PagesSymbolism is commonly used in literature to change or deepen meanings or instill a different meaning to the mind of the readers. The reader is forced to think, make connections, and succeed in adding a new meaning to the novel. F. Scott Fitzgerald is a master of hiding deeper meanings behind a text as clearly showcased in the novel The Great Gatsby. The ââ¬Å"iceberg theoryâ⬠describes that only around 20% of the story is directly revealed through text. In comparison to an actual iceberg, that is usuallyRead MoreSymbolism Of The Great Gatsby By F. Scott Fitzgerald1060 Words à |à 5 Pages1, 2015 Symbolism ââ¬Å"The Great Gatsbyâ⬠written by F. Scott Fitzgerald takes place during the roaring 20ââ¬â¢s, an especially great time for the wealthy. Symbolism is used thoroughly throughout the book to allow us to see how differently people see things and how we are affected by certain things that are out of our control. The color green is used to make us aware of money, wealth, even the future such as the green light at the end of Daisyââ¬â¢s dock. Here it symbolizes the future that Gatsby hopes to resumeRead MoreSymbolism in The Great Gatsby by F. Scott Fitzgerald1029 Words à |à 4 Pages The symbolism of a book can be a great but yet so small as in the form of a color. In the Great Gatsby, minor things have great importance. In the Great Gatsby, F. Scott Fitzgerald made sure to give great importance to minor details like color and objects. While the theme of the story is that anyone can gain the American Dream the fast or illegal way but always with a consequence, Fitzgerald pu t great importance into colors and objects. With the most common colors of green, white and yellow showingRead More Symbolism in The Great Gatsby, written by F. Scott Fitzgerald1628 Words à |à 7 PagesSymbolism in The Great Gatsby, written by F. Scott Fitzgerald The Great Gatsby is a classic American novel, written by F. Scott Fitzgerald in 1927 about corruption, murder and life in the 1920ââ¬â¢s. The true purpose for a writer to compose any piece of literature is to entertain the reader, and this writer does this to the best of his ability. In this well-crafted tale, Fitzgerald presents a fast moving, exciting story, and to any typical reader it can be enjoyed; however, if the reader takes the timeRead MoreColors and Symbolism in The Great Gatsby by F. Scott Fitzgerald1290 Words à |à 6 PagesSymbolism is the use of symbols to supply things with a representative meaning or to represent something abstract by an existing object. In the novel The Great Gatsby by F. Scott Fitzgerald, colours are used to symbolize a personââ¬â¢s inner thoughts and feelings. Colours, such as green, white are used to find ones true feelings; while others use colours to hide their true persona. Colour symbolism is used to convey a deeper message to the read ers and help us understand the characters true colours. Read MoreSymbolisms in The Great Gatsby by F. Scott Fitzgerald Essay846 Words à |à 4 PagesA few symbolisms in novels are as memorable as the green light in F. Scott Fitzgeraldââ¬â¢s The Great Gatsby. Shining at the end of Daisyââ¬â¢s dock, it is close enough to be seen, but too far away to be reached. Still, Gatsby, an eternal optimist, stares at it at night, as if it showed him that all his far-away dreams were about to come true. The green light in The Great Gatsby is symbolic of hope, a source of inspiration, and a representation of the American Dream to Gatsby and to the novelââ¬â¢s readers.Read MoreSymbolism Of The Great Gatsby By F. Scott Fitzgerald1725 Words à |à 7 Pagesof names further the motif of geography by using them as symbolism to represent some of the aspects in the American society at the time of the 1920s. East Egg symbolizes those from the old days, the West Egg represent those who have or ar e seeking financial opportunity and are known as ââ¬Å"new moneyâ⬠. the valley of ashes represents the moral, social decay, and financial chaos of the American society at this time. 2.The symbol that Fitzgerald used as the outward manifestation of Gatsbyââ¬â¢s wealth is hisRead MoreSymbolism Of The Great Gatsby By F. Scott Fitzgerald901 Words à |à 4 PagesSymbolism of Color in Great Gatsby The Great Gatsby was portrayed as one of the greatest novels in American History. But, it is also analyzed as having multiple lenses. This book has been broken down into a ton of symbolisms and it has also been analyzed for every character. The book The Great Gatsby communicates symbolism with the many colors the story line uses and the different way portrays these colors through the settings and plots. The color green is related back to hope. ââ¬Å"He (Gatsby) stretched
News Media Free Essays
They are often misrepresented by editors in order to make them more appealing to the viewer. For example, take this Big Mac from McDonaldââ¬â¢s. Here, advertisers have used a false portrayal of the real Big Mac to manipulate Itââ¬â¢s viewers to want to the buy their product. We will write a custom essay sample on News Media or any similar topic only for you Order Now Similarly to advertises misleading us, so too does the media In their depiction of conveying real life Issues and events through the use of language features. Good morning/afternoon fellow classmates, today I am here to discuss the misrepresentations displayed in news articles. Recently, there has been a controversy between bikes and Campbell Newsmanââ¬â¢s new anti-bike laws. In the articles titled This Brisbane man posted a menacing video warning the premier. Police say heââ¬â¢s done nothing wrongââ¬â¢ by Robin Ironsides, and ââ¬ËSenior police packing heatââ¬â¢ by Thomas Chamberlain and David Murray, both authors convey an unfair representation of the groups of bikes within society. These groups are often marginalââ¬â¢s and authors portray them negatively based upon stereotypes. Together, these articles demonstrate the Inaccurate representations of bless as minorities. The article Senior police packing heatââ¬â¢ published by the Courier Mall on the 1 lath of November (201 3), describes the Queensland Police battle against the belle legislation. Through closer examination, It Is clear that the authors, Thomas Chamberlain and David Murray have created a biased depiction of motorcycle groups though the utilization of language techniques such as evaluative language, repetition and actions. The headings of newspaper articles are considered to be one of the most important aspects of the text as it aims to engage and catch the readerââ¬â¢s attention. The title Senior police packing heatââ¬â¢ is a great example of an attention grabbing heading; however, it incorporates a negative connotation about motorcycle groups. The phrase ââ¬Å"packing heat,â⬠is quite alarming as it coincides with the Queensland Police Unionââ¬â¢s action to take stand in preparation for their fight against the bless. Here, Chamberlain and Murray have stereotyped all forms of motorcycle gangs to perceive them as criminals, or Involved In criminal activity. As a result, the government has made legislations against the entire belle population to stop their true as motorcyclists in order to prevent violent and illegal acts. The authors have also used repetition and actions to clearly show Queensland bikes as an infamous group to reinforce to the reader about their destructive prominence in society. Through the actions of Commissioner Ian Stewart, Chamberlain and Murray have successfully showed the Queensland Police Unions considerations to ââ¬Å"allow some district duty officers to carry RE . 223 carbines with telescopic sights in their vehicles. â⬠ââ¬Å"These are very, very high powered weapons and they need to be handled very, very ruefully. The repetition of ââ¬Å"very,â⬠emphasizes the dangers and threats posed to us by the bikes and outlines how much care ââ¬Å"SENIOR policeâ⬠should take. This showcases that the people Involved in motorcycle groups are considered to be criminals and or Involved In criminal actively as their behavior in society Is alleged to be Illegal. Similarly, the article entitled ââ¬ËThis Brisbane man posted a menacing video warning the Premier. Police s ay heââ¬â¢s done nothing wrongââ¬â¢ Published by the to Premier Campbell Newman and his family. However, after deconstructing the article, it is clearly shown that investigators could not identify any signs of criminal offence behind the menacing video. Through the utilization of language features such as emotive language and intensifiers, Ironsides has portrayed the offender as a mysterious man alleged to be involved in criminal activities. This emotive language is depicted in the second stanza of the article. Ironsides states that the ââ¬Å"Queensland Police Service confirmed investigatorsâ⬠that the man responsible was not persecuted of any illegal acts. This indicates that the man behind the online video criticizing the State Governments ââ¬Å"anti-bike lawsâ⬠has not been found to commit any signs of criminal offence. Despite this, the author has created an undesirable representation of motorcycle minorities through the use of intensifiers. She writes that the ââ¬Å"masked manâ⬠involved in the online video criticized the Vicious Lawless Association Disestablishment. â⬠This implies that although the man was not committed of any lawless offence, he was assumed to be a dangerous figure in society. Here, the author has represented this group of people in a negative manner through a careful election of deceptive techniques. To reinforce this statement, Ironsides has incorporated a visual element in her article that portrays the alleged offender to have committed the series of threats to Campbell Newman and his family. This picture displays the masked man giving an inappropriate gesture towards authority, therefore, reinforcing our negative perceptions of bike groups. Every day, journalists are entrusted with the task of delivering unbiased events and issues to the public. However, editors regularly bypass this expectation, and instead serpentine the story to what was actually being conveyed in order to manipulate readers to perceive something the way they want you to. This technique was used by Robin Ironsides in her article titled ââ¬ËThis Brisbane man posted a menacing video warning the Premier. Police say heââ¬â¢s done nothing wrong,ââ¬â¢ and Thomas Chamberlain and David Murray in their article ââ¬ËSenior police packing heatââ¬â¢. In these articles both authors have represented bike minorities in a bias and negative manner. They have portrayed all motorcyclists groups as criminals who are involved in illegal activities. How to cite News Media, Papers News Media Free Essays Rena Hermez RWS 100 Prof. Costello Nov. 29, 2009 News Media Media have tremendous power in setting cultural guidelines and in shaping political discourse. We will write a custom essay sample on News Media or any similar topic only for you Order Now It is essential that news media is challenged to be unbiased and truthful. Most many people find news whether on TV, newspaper, or magazines to be politically bias. Michael Parenti, the author of Inventing Reality, asserts that the news can be bias towards political issues by using the ââ¬Å"Methods of Misrepresentationâ⬠(Parenti 53). This includes: ââ¬Å"Framing and Labelingâ⬠, ââ¬Å"Selectivity and Deliberate Omissionâ⬠, ââ¬Å"The Greying of Realityâ⬠, ââ¬Å"Auxiliary Embellishmentsâ⬠, and ââ¬Å"Placementâ⬠(Parenti). These methods are used to serve the private news conglomerates and our country interests instead of the public interests. Therefore, the news content became politically biased. Moreover, the past decade has seen more change in the craft of news media than perhaps any other. Since the news conglomerates took over local papers and stations, news became less relevant and more for entrainment. The more news is entertaining to its audience, the more money for the news conglomerates and the shareholders. Thus, news is not as important to the lives of audience as they once were. The issue of economy is very crucial topic in the U. S. However, many news networks misrepresents the public interest by placing the article in the most secluded pages in the newspaper. For instance, the article, ââ¬Å"Economists question accuracy of picture from economic dataâ⬠, by New York Times Service, in the San Diego Union Tribune newspaper, discusses how the governmentââ¬â¢s picture of the economic data has a wide gap from the reality. It also explains why the government miscalculated the data, and gave a brief explanation on how to calculate it correctly. Since this article rectifys the government, San Diego Union Tribune decided to publish it on page A6 with advertising Ads. This is an example of ââ¬Å"Placementâ⬠because as important as this issue has been to the public, the San Diego Union Tribune published the story in a place that is hidden from the readers view. Most people would never see it if they were just glossing the pages. According Parenti ââ¬Å"troublesome stories that are not suppressed, ignored [â⬠¦ still can be buried in obscure places. Placement is often used for the greying of realityâ⬠(Parenti 58). Another method of misrepresentation that occurs often in the news media is omission. Omission occurs when important information is not reported or is reported incompletely. likewise, Parenti defines it as, ââ¬Å" sometimes the unmentioned includes not just particular details of he s tory but the entire story itself- even ones about major eventsâ⬠(Parenti 54). An example of suppressed issue in the mainstream press is that of the former Vice President Dick Cheneyââ¬â¢s speech on October 21, 2009. He gave an important speech about the Center for Security Policy, and it was not televised on any American news or network. Not even Fox News televised this speech. They have, however, posted the speech on their website. Perhaps this deliberate omission of this speech from the news networks occurred because the Bush Administration became less powerful since too many people lost trust in it. Thus, when this particle example was omitted, than we are getting a skewed or biased perspective from Fox News network. Since big conglomerates bought news networks, the definition of ââ¬Å"newsâ⬠have changed for the past few decades because the profit motives. Before, news was information that is of broad interest to the intended audience. Today, ââ¬Å"news production distortions are of a more political nature and reveal a pattern of bias that favors the dominate class of interests and statist ideologyâ⬠(Parenti 53). When the president of ABC news was asked ââ¬Å"how has the standard for what qualifies is news has changed because of the pressure profit motives? He responds back by saying it has changed and broadened and not loweredâ⬠(News War). An example of ââ¬Å"broadenâ⬠news is ââ¬Å"Palin visits Florida town that feted her in 2008â⬠on MSNBC website headline news. This news report made it to the headline not because the public is interested in where Sara Palin visit, but because news produces want more news to fill up the page and to make more profit. Now days, anything can be made news as long as there is a video and a story line that goes with it. Thus, the issue of profit motives serve big conglomerates interest and not the public nterest as it once was. News media definition have shifted from public interest news to profit motive news, from fair and truthful news to political bias and inaccurate news. We live in a time where newspapers are not sufficient anymore, internet and TV are easier to access and cost less. However, it is very difficult to supply enough news to fill a whole page of website and a whole hour of TV news. Thus, to make profit the internet and TV, big private conglomerates decided to soften the news content to occupy the extra time thats left from the real important news. News content became more politically biassed, more entertaining, and more profitable. News is being selectively ââ¬Å"siding with those who have powers, position, and wealthyâ⬠(Parenti 54). By covering news, politics, weather, sports, entertainment, and vital events, the daily media shape the dominant cultural, social and political picture of our society, only, instead of the real important issues of the cultural, social, and political picture of our society. Works Cited New York Times Service. ââ¬Å"Economists Question Accuracy of Picture from Economic Data. San Diego Union Tribune 9 Nov. 2009: A6. News War: Whatââ¬â¢s Happening to the News. Prods. Stephen Talbot and Lowell Bergman. Frontline. PBS. WGBH Educational Foundation, 2007. ââ¬Å"Palin visits Florida town that feted her in 2008. â⬠24 Nov. 2009. MSNBC. 24 Nov. 2009 . Parenti, Michael. Inventing Reality. New York: St. Martinââ¬â¢s Press, 1993. New York Times Service. ââ¬Å"Economists Question Accuracy of Picture from Economic Data. â⬠San Diego Union Tribune 9 Nov. 2009: A6. ââ¬Å"RAW DATA: Dick Cheneyââ¬â¢s Remarks to the Center for Security Policy. â⬠21 Oct. 2009. FOX News. 24 Nov. 2009 . How to cite News Media, Papers
Saturday, April 25, 2020
Senco Electronics Company Case Study
Senco is a company that is based in the United States. Senco deals in the manufacture of laptops. Demand for laptops has increased over the last couple of years. The increase in demand for laptops is in proportion with increase in the level of technology (Hallett Hallett, 2010). Senco Electronics Company has been operating within the United States only since its formation. All production operations, supply and sales are done within the country.Advertising We will write a custom case study sample on Senco Electronics Company specifically for you for only $16.05 $11/page Learn More However, the company now has to produce in large quantities following an increase in demand for laptops. This has led to an increase in the cost of production and distribution. This has subsequently prompted the management to start weighing other options that can be effective in reducing production and transport cost (Coyle, 2009). It is important to note that the main objectiv e of any business organization is to maximize its profits. A business has to incur as minimal costs as possible to achieve this objective, and this is what Senco has been challenged to do. In its bid to reduce costs, Senco Electronics Company is considering starting production firms in China where the laptops will be assembled and then transported to the United States. The distance from China to America is very long; therefore, transport cost is expected to be high. For a company to be successful in todayââ¬â¢s business environment, it has to be in a position to respond to the situations that come up in the market quickly. Senco Electronics Company has to respond to the increasing demand for laptops quickly to continue with its success. Assembling laptops in China means that there may be inconveniences due to the long distance involved. For instance, it might be a challenge for Senco to ensure constant and timely supply of laptops. Therefore, the company will need to have warehou ses in the US where the final products will be stored to ensure constant supply. The holding cost of stock will end up increasing since the company will have to store more laptops (Coyle, 2009). The other factor that needs to be considered is a means of transport that will minimize costs. Transport by air is faster and more efficient. However, this mode of transport will be costly. Transporting laptops by air will be effective in ensuring that Senco Electronics Company will be in a position to meet the increasing demand for laptops. It is predicted that demand for laptops will grow by about 10% in the next five years.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, transport by air is too expensive, and this will affect Sencoââ¬â¢s profitability in a negative way. On the other hand, transport by ocean could be an alternative. This means of transport is relatively cheap. How ever, sea transport is slow and less efficient, thus Senco may not be able to meet the increasing demand in time (Taylor, 2003). It is important to consider the long-term implications of the decisions made by the company. Senco has to store more laptops in order to increase its supply if it opts for sea as its means of transport from China to the US. Holding cost in the next five years will be too high. Supply might not be efficient if the company does not have a warehouse. This will lead to loss of customers. Holding cost will be less and supply will be highly efficient if Senco opts for air transport (AxsaÃËter, 2006). Decision and criteria used to arrive at the decision Air transport will be worthwhile in the long run, despite the fact that the cost involved will be high. I recommend air transport based on the need to keep efficient and constant supply of laptops, especially in the US market where demand is rising. Air transport would save holding cost as opposed to sea transpo rt and ensure unending supply of laptops. This would ensure that no customers are lost. Senco would end up maintaining profitability in the long run. References AxsaÃËter, S. (2006). Inventory control. New York, NY: Springer. Coyle, J. J. (2009). Supply chain management: A logistics perspective. Mason, OH: South-Western Cengage Learning. Hallett, F., Hallett, G. (2010).Transforming the role of the SENCO: Achieving the national award for SEN coordination. Maidenhead: McGraw Hill/Open University Press. Taylor, D. A. (2003). Supply chains: A managerââ¬â¢s guide. Harlow: Pearson Professional Education.Advertising We will write a custom case study sample on Senco Electronics Company specifically for you for only $16.05 $11/page Learn More This case study on Senco Electronics Company was written and submitted by user Jovani S. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Wednesday, March 18, 2020
Politics and Morality essays
Politics and Morality essays Politics and Morality: Is There Enough Room for Both? Politics and morals are two of the most confusing terms that our world has to define. There are so many lingering questions about the two terms; especially when the idea of the terms being used together arises. Is it possible to have a system that uses both? Or from a different light, is it possible to have a system that does not use both? I would argue that morality plays an enormous role in politics and is the major principle that divides our world up into states. In the modern world it is impossible to have system that does not define itself with morals. Each state arranges a way of ruling itself, however, that rule is created by the many social collectivities that make up a state. Some of these nations share identities or origins or a list of other likenesses, however they all share some sort of commonness. That shared part of their lives helps them to create morals which in turn that nation uses to help define the rule for the state. If all states are based on morality, though, what is stopping one state from attacking another because it has violated some of its morals? Our world would be a constant battlefield if states where attacking states over moral righteousness. So how is a state to decide whether or not to go to war over an issue? And is it right for a state A to intervene in state Bs conflict based on state As morals? Questions such as these were some of the reasons that international bodies such as the United Nations and the North Atlantic Treaty Organization were founded. These bodies were to bring states together to come to a consensus on issues so that they would be resolved in a way that was best for the world as a whole. From a different light one might ask who is to make sure that the states are acting in a way that is best for the world and not forming alliances to get what is best for their state? And that reason alo...
Monday, March 2, 2020
Apartheid Era Blacks Act No 67 of 1952
Apartheid Era Blacks Act No 67 of 1952 Definition: The Blacks (Abolition of Passes and Co-ordination of Documents) Act No 67 of 1952 (commenced 11 July) repealed early laws, which differed from province to province, relating to the carrying of passes by Black male workers (e.g. the Native Labour Regulation Act of 1911) and instead required all black persons over the age of 16 in all provinces to carry a reference book at all times. They were required by law to produce the book when requested by any member of the police or by an administrative official. The pass included a photograph, carried details of place of origin, employment record, tax payments, and encounters with the police. A special court system was devised to enforce the pass law ââ¬â people appearing at such commissioners courts were considered guilty until they had proven their innocence. During the 60s, 70s and 80s around 500,000 Blacks were arrested each year, their cases tried (mainly uncontested), and in the 60s fined or sentenced to a short prison term. From the early 70s the convicted were deported to Bantustans instead (under the Admission of Persons to the Republic regulation Act No 59 of 1972). By the mid 80s, by which time almost 20 million people had been arrested (and tried, fined, imprisoned, or deported), the pass law had become increasingly difficult to enforce and it was abandoned. Repealed by the Identification Act No 72 of 1986. Also Known As: Natives (Abolition of Passes and Co-ordination of Documents) Act No 67 of 1952
Friday, February 14, 2020
Foreign Exchange Essay Example | Topics and Well Written Essays - 500 words
Foreign Exchange - Essay Example Looking at Table ll.1(Foreign Exchange Quotations, p.5) I see that the Monday 1-month forward for the Japanese yen, using the Direct Quote, is $0.009048 compared to the spot rate of .009035. The 3-month forward is .009074 and the 6-month forward is .009124. This means that the Japanese currency is expected to progressively appreciate during this period. The indirect quote column (Japanese currency calculated in US dollar terms) confirms the expected trend, showing that gradually it will require more dollars to pay for a fixed amount of Japanese yen. I use the spot rate when I need the currency immediately. I go to a lending institution or a bank to arrange for a forward exchange contract when I need to protect the value of the US dollar against the possibility that the Japanese yen will rise in value (appreciate), and it would require me to spend more money to purchase a product priced or denominated in that currency. In this particular case, if I have to purchase Y100,000 now, at the rate of $0.009035 per yen, the amount I have to pay will be $903.50, which is obtained by multiplying these two numbers. Since the 1-month forward rate is $0.009048, the amount of our contract with the bank will be $904.80, which is higher by $1.30. A month from now, I will obtain from the bank Y100,000 at this price. I can either buy Y100,000 now at the spot market price at the rate of 1 Yen = $0.009035 and hold the currency until a month from now when I need to use it for payment, or I can arrange a forward contract which, at $0.009048, is $1.30 higher. The forward contract will protect me in case the Japanese yen appreciates. For example, if the Japanese yen, contrary to market expectations, rises to $0.009200 (or, conversely, $1 = 108.70, obtained by computing its reciprocal - i.e., 1/.009200), I will need to pay $920.00 a month from now ââ¬â or $16.50 higher - because I did not hedge my position by using the forward contract. This is also
Sunday, February 2, 2020
Organizational Theory Design and Change Essay Example | Topics and Well Written Essays - 250 words - 4
Organizational Theory Design and Change - Essay Example Creativity deals with ideas going beyond the boundaries of technology, social norms, knowledge and beliefs. When these three elements combine in an organization, then creative destruction takes place in which old companies which use old conventional methods are thrown out of the competitive market and business and new industries emerge as a result. When an organization follows such strategies that encourage the entrepreneurs to utilize their creativity in developing new products or in improving the efficiency of the older ones, then they come up with new innovative ideas and hence new product with increased efficiency is introduced in the market which better address the needs of the clientele. This not only boosts the organizationââ¬â¢s integrity but also add to its stability. Thus, these three elements are interrelated with each other and are considered to be vital for knowledge-creating organizations because such organizations needs innovation at all levels put forward by the cr eative entrepreneurs. This increases the entrepreneursââ¬â¢ expertise, and guarantees the organizationââ¬â¢s growth and increased productivity that eventually attracts clientele, results in better product outcomes, and creates good reputation in the market. Works Cited Jones, G. Organizational Theory Design and Change. NJ: Prentice Hall, 2009.
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