Jimi Hendrix Experience essays

Jimi Hendrix Experience articles Jimi Hendrix was conceived November 27, 1942 in Seattle Washington. His folks werent the best good examples for him and they had a great deal of issues bringing him up in a stable condition, so his grandma helped raise him to turn into a not too bad individual. [According to hotshotsdigital.com] Jimis father got him his first guitar when he was 12 and he basically showed himself how to play it all alone. At 16 years old, Jimi was tossed out of secondary school since he was found clasping hands with a white young lady, furthermore, since he was black,descrimination turned into a major issue for him in the mid 60s. At the point when he was 17, he enrolled in the paratrooper division of the military and started hopping out of planes and loved it alot. Be that as it may, following 14 months of doing that he started to have pretty much nothing wounds that made him be released from the military. Presently I will educate you how Jimis profession bloomed essentially and how he begun to turn out to be very notable. [According to jimihendrix.com] Once he left the armed force, he started to have an enthusiasm for playing guitar again and began playing well indeed. After four years he got adequate to begin playing reinforcement guitar for Little Richard and Tina Turner and started visiting around the states with their groups. At that point in 1965, Jimi at last shaped a band called the Jimmy James and the Blue Flames. After he visited for a little while with that band, the bassist from the Animals named Chas Chandler saw a demonstration of them and turned out to be truly keen on Jimi Hendrix. He cherished is guitar style. So Chas inquired as to whether he could be his chief and go to London to shape a considerably more prominent band. Jimi acknowledged the offer and they flew over to London and Jimi began in a band called the Jimi Hendrix Experience. Noel Redding was the bass player, and Mitch Mitchell became the drummer. The band visited in Europe for a spell and got a record bargain. Presently I will advise you folks how Jimi became... <!

Mixed Ability Grouping

Blended ABILITY GROUPING Ana Redondo I/INTRODUCTION: The principle motivation behind this module is to present to you some broad confirmations of various investigates about strategy for blended capacity gathering versus different types of sorting out understudies in MFL instructing and learning point of view. II/CONTENT 1/Political setting (in England and Wales) * 1944 the instructive framework in Britain spilled into diferent kinds of auxiliary schools, understudy with uncommon instructive needs being taught in unique school. Since 1980s focal government separate the Local Education Authorities by presenting Local Management of School * 1991-1993, chidren with a specialized curriculum needs into standard school, non-public school: 20-25%, conprehensive school being slant. * Throughout 1990, setting had end up being successful in numerous auxiliary schools for arithmetic, science and language. Understudies gathering are cosidered under such weights: Student’s accomplishments ( assessment results), arrangement and society, neighborhood needs and parental decision. /Mixed capacity gathering * In the title clerly shows: ‘Mixed capacity grouping’ likewise allude to a gathering wherein offspring of fluctuated capacity are shown together as opposed to being separate. * - No gathering of understudies is ever homogeneous. Contrasts in territories: capacity, sexual orientation, self-idea, self-estem, ethnic foundation. a. Points of interest of Mixed abilitiy gathering * Mixed capacity gathering furnishes all students with balance of chance and diminishes the negative outcomes regularly partner with homogeneous gathering. It keeps away from the issues related with designating understudies to homogenous gatherings. * It advances a decent connection among understudies, among instructors and students. * Reduce rivalry and the marking of students. * Low capacity understudies are upheld more advantage. b. Disservices of blended capacity gathering * It is di fficult to guarantee that higher capacity Ss are extended adequately. * The gathering the necessities of high and low capacity students can bring about disappointment. Educators should be delicate to mindful the distinctions of so as to set suitable work, amplify learning results and maintain a strategic distance from clashes among instructing and learning. * Mixed capacity gathering sets ridiculous expectations for instructors' educational abilities. * most of the class is regularly inadequately administered. Blended capacity gathering present specific challenges in MFL. 3/Other types of organisind pupilss †MFL instructing and learning point of view * Students have numerous insights, there for, some are greater at specific things than others. Homogeneous groupings are probably going to alow instructors a more prominent chance to meet the individual’s needs of understudies. * Homogeneous gatherings of understudies can accomplish all the more effectively in MFL. * Homogen eity of showing bunches when classes share a more prominent similitude of learning characteristics and trademark, permits the techer to complete their showing all the more viably. * It is hard to apportion understudies to the suitable gathering, no shame is appended. Both ‘mixed capacity grouping’ and ‘ability grouping’ have points of interest and disavantages.III/CONCLUSIONS * I propose here to consider ‘homogeneous groups’ and ‘within - class groups’ as even-mindedly achievable choices. Situated gathering work, collarborative venture work, co-coperative learning, adaptable learning, task-based learning or merry go round work would all be able to be applied in different various manners to guarantee scholarly and social learning. (Ana Redondo) * The gathering of understudy is just one of a few components influencing the learning condition of the homeroom. The nature of guidance and the educational plan are focal. (Halam, 1996:2)

Recommendation memo for business trend Essay Example | Topics and Well Written Essays - 1500 words

Proposal update for business pattern - Essay Example Starbucks' customers have less cash in their pockets than they used to. They may have lost their positions or cut back on expending extravagance espresso like Starbucks. Besides, as the lodging bust has loosened up, entire neighborhoods have changed. They will need to reexamine the situation of bistros. These are only a few of various suggestions included beneath to help Starbucks endure this hardship and indeed get back on the espresso world. Starbucks is a solid brand with a faithful after. They are all around situated to storm back to the highest point of the outlines. Throughout the years, Starbucks has demonstrated itself to be a fruitful organization. It is has extended considerably and is a perceived brand. Be that as it may, the budgetary emergency and financial downturn severy affected its income (see figure 1, reference section). Right now is an ideal opportunity to consider various advances which can help Starbucks reestablish itself to its previous wonder. It's anything b ut a matter of just returning Starbucks to the position it held before the emergency. Numerous things have changed in the commercial center from that point forward. Achievement may well mean something else now. Starbucks must glance around at a changing commercial center and take advantage of new lucky breaks. Sometimes it might need to move its concentration so as to amplify returns. What follows are five suggestions to guarantee the Starbucks doesn't turn into a relic. The suggestions plan to help Starbucks center around its clients and its future. Lower cost and rebrand The time of prominent utilization is finished. The financial emergency ensured that. It brought about genuine harm to national economies worldwide and the slices that should result to cut down the shortfall have not yet been made. Things will deteriorate before they show signs of improvement. This is an issue on the grounds that the cost of Starbucks espresso is excessively high. Rivalry with MacDonalds might be a dversely affecting Starbucks deals (Ordonez). In all actuality the atmosphere has changed and cost is a major factor for some individuals nowadays. We have to see a little decrease in the cost of some espresso at Starbucks. That by itself will be worth media consideration and will be a sort of sign to shoppers that Starbucks pays attention to this issue very. A great deal of the espresso is overrated and this overpricing isn't practical with new rivalry in the market. Diminishing the cost even ten or fifteen percent will show buyers that Starbucks is happy to change and adjust to new monetary real factors. This can be a piece of a rebranding that will make Starbucks all the more speaking to a bigger crowd. The interchanges component of marking is critical to drawing in more clients (Capon, 296). Right now, Starbucks is viewed as a trendy person place where the elites go to taste a costly latte. There is no motivation to lose this reserve, yet it bodes well in this financial atmosphe re to attempt to make a bigger tent in which a wide range of kinds of individuals can come and have a good time. Starbucks needs to take some time to consider who it needs to draw in 2012 and past. The bigger the client base the more steady the organization. It is essential to recollect that rebranding can be a dangerous recommendation (Muzellec, et al, 802). Approach it with alert. Venture into new markets Starbucks is seen principally as an American organization, with the greater part of its bistros in North America and Western Europe. These produce a ton of

Specialist Research Project Essay Example | Topics and Well Written Essays - 1250 words

Authority Research Project - Essay Example The advertising involves introducing the business item to the client, to make deals. In this way, these as highlights of business achievement, Nike put to a great extent in the different parts of marking and advertising to build up client faithfulness; thus, setting up the fruitful; business culture and history as it has today. The organization has vital showcasing capacities that praise the item and administration brand in like manner for the effective commitment of the client. Further, the branch of knowledge of social and verifiable advancements identifying with the organization involves a posting of different structures set up since the initiation of the organization. In this way, from these possibilities of the organization as a global usable partnership, the blend of the zones of marking and promoting, just as, social and chronicled considers comprise the proposition of the exploration venture. The proposed undertaking will try to investigate the degree of these style business regions as they organization the profile of Nike Corporation. Showcasing involves the arrangement of procedures and instruments occupied with advancing the business achievement. Be that as it may, in building up a character of the item or administration the business connects with the territory of marking remains the compelling element for thought. Further, hierarchical culture created after some time additionally characterizes the achievement of the undertaking as created in the region of activity. Along these lines, in choosing a portfolio to set up and combination the branches of knowledge of showcasing and marking notwithstanding social and verifiable investigations, the â€Å"Fashion Icon† Nike, stays most strategically located as an illustrative reference. Marking involves the way of life itself, the message that pervades and manages the procedures of the business (Katz, 2004, 39). In this way, the undertaking proposition tries to set up the normal misguided judgments over the branches of knowledge of marking and promoting as they b uild up a culture and

Can Insects End World Hunger [CNBC] Hult Blog

Written by Marqui Mapp for CNBC.   Ending world hunger is a lofty goal with a United Nations estimate of 870 million people being uncertain of their food supplies. One start-up is poised to tackle this challenge head-on after winning the  2013 Hult Prize  and its $1 million capital investment. The game-changing idea? Bugs. Its called Aspire. Aspire is about empowering people living in peri-urban slums to provide food security to people who live in [those] urban slums. We do so by providing them with insect farms, which are farming units that will allow them to farm insects, said CEO Mohammed Ashour, a McGill University MBA candidate. Today, 2 billion people consume protein-rich insects, but only when theyre in season. The companys business model is to harvest a variety of insects year-round through their network of rural and peri-urban farmers. It will then process the insects into  foodproducts, like insect-fortified flour or lime cricket chips, and sell them to local distributors. This kind of innovation is what Hult Prize Founder and CEO Ahmad Ashkar hoped for when he first began challenging the worlds brightest MBA students to address global issues through a social entrepreneurship competition. We need ideas. We need disruption. We need new social businesses. Were looking at the business-minded students to do that, said Ashkar, a former management consultant and Hult International Business School MBA graduate. Continue reading the article in full here.   Like game changers? Break the mould in the business world with a Masters in Disruptive Innovation from Hult. To learn more, take a look at our blog Applying to Hult: The parent perspective, or explore overall business challenges with a Masters in International Business instead. Download a brochure or get in touch today to find out how Hult can help you to find out everything about the business world, the future, and yourself. Related posts News Building success: Dual Degree students win at USASBE Community How going beyond business at Hult helped me launch my company Admissions Accepted Students Weekend: A weekend to remember Careers Career mapping: How to become an executive in the next 5 years 0 Thought leadership How to prepare for an uncertain future in a world of AI News Is mail a dying form for businesses and marketing? Instagram Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

The Effect of Joanna Burden’s Masculinity on the Jefferson Community - Literature Essay Samples

Although most men and women recognize how traditional gender roles dictate their actions in hopes of being accepted into society, very few can claim that they have been completely exiled from their community because they appear too â€Å"masculine† or vice-versa. In Light in August, the people of Jefferson are presented as a single antagonist in which they solely exist to oppose any unwanted change within the community. Joanna Burden is first introduced with feminine traits typical of a traditional female character; one that exists to serve the needs and wants of their male counterpart. As Joanna begins to develop a relationship with Joe Christmas, it is revealed that she also has an uncanny ability to embody masculine traits. However, the fact that Burden can neither be classified as a man nor woman challenges the town’s dislike towards gender fluidity. Joanna Burden’s blurred separation of masculinity and femininity is the most decisive factor in the Jefferson community’s collective decision to reject her from society. Because of the townspeople’s need to uphold its traditional Southern values, the community of Jefferson becomes its own character that outcasts anyone who is deemed undesirable or incapable of conforming to their ideals. During this time, the mere idea of homosexuality is not accepted, forcing some characters into isolation from society since their sexual orientations are continuously questioned. Although Joanna Burden has resided in Jefferson throughout her entire life, she is â€Å"still a stranger†¦about whom in the town there is still talk of queer relation with negroes in the town and out of it† (Faulkner 46). This exemplifies the community’s abnormal tendency to form a single, unified opinion as opposed to the variance of opinions expected from a large population. The citizens of Jefferson exile and ignore Joanna because of her transgression from societal norms, which subconsciously influences her personality. The community’s dislike towards act ions that contrast their conservative ideologies, such as pregnancy out of wedlock, is a factor proving the townsfolk within Jefferson as incapable of forming individual moral beliefs. Lena’s brother is representative of this underlying issue when he â€Å"remarked her changing shape†¦[and] called her a whore† (Faulkner 6). His opinion on Lena’s pregnancy both aligns with and conforms to Southern society’s expectations of the imperative to be married. The Jefferson community develops into one entity that exists to serve as the town’s metaphorical moral compass. Any character that veers from their collective opinion or attempts to change Jefferson’s conservative agenda is shunned until the individual fades into oblivion. Before Faulkner further develops Joanna Burden and Joe Christmas’s relationship during its first phase, Miss Burden is originally represented as a stereotypical figure of white Southern femininity. In Jefferson, white women are expected to uphold the Southern tradition without any inclination to change or question it, all the while forcing themselves into the cookie-cutter image of the domestic housewife. Joanna constantly prepares meals for Joe, but never sits down to eat with him, instead she stands â€Å"in one of her apparently endless succession of clean calico house dresses and sometimes a cloth sunbonnet like a countrywoman† (Faulkner 233). Strict gender roles place Joanna Burden in a seemingly immovable idea of how white females should be physically portrayed in a society that emphasizes importance of social hierarchies. In this case, she is a symbol of the Southern community’s attempt at exploiting her existence to benefit the opposite gender. Miss Burde n temporarily comes to terms with her femininity when she considers bearing a child; another traditional role of women where they are expected to live in servitude as a caretaker. For Joanna, the idea of pregnancy gives her a sense of power: â€Å"She talked about it impersonally at first, discussing children. It was some time before [Joe] discovered†¦she was discussing it as a possibility, a practical thought† (Faulkner 264-265). Pregnancy gives her a feminine sexuality that is not obtained through sexual acts, but instead motherhood – one of the most important contributions a woman is expected to make in Southern society, or more specifically, the Jefferson community. Any deviation from these beliefs gives the townsfolk a reason to punish the unorthodox individual and exile them from the community. Although Joanna Burden does embody some feminine traits, her unconventional masculinity is what causes her to become an outcast after she is deemed a threat to the Southern social order. Instead of a typical heterosexual relationship that is both common and expected in Jefferson, Joanna takes on a position of masculine authority, challenging the traditional female archetype. When Joe Christmas first meets Joanna, he describes her having masculine traits: â€Å"There was no feminine vacillation†¦It was as if he struggled physically with another man for an object of no actual value to either, and for which they struggled on principle alone† (Faulkner 235). A female character with the ability to alter their persona in order to resemble that of the opposite gender, such as Miss Burden, quickly becomes a danger to the male population of Jefferson; Joe and Joanna’s relationship comes into question when their sexual relations can be interpreted as homosexual sex, a taboo act within the Jefferson community. Another implication of Joanna’s gender fluidity is exemplified when she morphs into the more dominant â€Å"male† figure in the relationship, while Joe becomes her submissive counterpart. Christmas suddenly realizes that he is being forced into the position of what Joanna Burden should be – a woman: â€Å"’My God,’ he thought, ‘it was like I was the woman and she was the man† (Faulkner 235). This threatens the very moral principles that the Jefferson community prides itself on, where the man and woman should adhere to their God-given roles in society. Joanna challenges the traditionally black-and-white binary of man vs. woman in a culture that is highly intolerant of mixtures of any variation whether it may be gender, race, or sexual behavior. Because Miss Burden has feminine and masculine aspects, she is neither a man nor woman, but instead, a combination of both. Her embodiment of femininity and masculinity is not originally outwardly shown through her actions and personality, but is eventually inscribed permanently on her body. During the third phase of Joanna’s relationship with Joe, she is depicted as having a face of a spinster: prominently boned, long, a little thin, almost manlike: in contrast to it her plump body was more richly and softly animal than ever (Faulkner 266). The juxtaposition of the two descriptions exemplifies the physical duality that she now represents; although her weight gain can be paralleled to pregnancy or femininity, her body still rejects the gender implication. Faulkner also blurs the divide between the two genders by referencing pregnancy in a skewed, unorthodox manner because of both Joanna’s familial history and her dramatized menopause. Burden reveals the moment when she realized that her future would be forever doomed: â€Å"†¦the white babies were struggling, even before they drew breath, to escape from the shadow†¦flung out like their arms were flung out, as if they were nailed to the cross† (Faulkner 253). The depictions of crucifying white babies and the violence against infants is not representative of her inability to have a child with Joe, which is an effect of the end of her child-bearing age, but foreshadows Joanna’s violent death that occurs in order to remedy the unwanted change within the Jefferson community. In Light in August, Joanna Burden’s inability to fit into the man vs. woman binary constitutes a threat to the conservative Southern order, which ultimately leads to the Jefferson townspeople’s decision to shun her from the community. Normally, one would expect communities to be a place of progress and change, but the lack of varying opinions in the novel shows how a place where no one is willing to form their own views can be detrimental to societal growth. In the modern world, communities that are not open to change are still very prevalent, many of these stemming from more religious and highly conservative regions. Anyone who is not a cisgender individual or unwilling to comply with traditional gender roles, risk experiencing violent backlash from their communities. Without supporting those who are different or educating the ignorant, equality can never be a possibility, and for some, Joanna Burden’s fictional death may become a reality.

Active Fund Management - Free Essay Example

Sample details Pages: 6 Words: 1917 Downloads: 3 Date added: 2017/06/26 Category Management Essay Type Analytical essay Did you like this example? 1. Introduction Investors, by their very nature, wish to achieve good returns on their investments, and that too, mostly without taking disproportionate risks. This, unfortunately, is an inherently contradictory desire as high returns are always associated with greater risk. Don’t waste time! Our writers will create an original "Active Fund Management" essay for you Create order The current economic scenario provides investors with a number of alternative avenues for growing their assets, which, inter alia, include real estate, bullion, land, art, bonds, bank deposits and of course equity. Equity markets have, in particular, fascinated investors for decades with their promise of huge profits, â€Å"killings† and stories of fortunes built from nothing. Most of these stories, which deal with huge trading profits made by individuals, are of questionable authenticity and anecdotal in nature; nevertheless, they serve to engage the attention of investors and keep their hopes alive through boom and bust times, through depressions and terrorist attacks. In recent years, the activity of investing in equity markets has become increasingly complex and most people have started trusting in the services of specialist organisations that operate through pooled funds; which contain monies contributed by numerous clients. Barclays, the leading global asset management f irm controls assets worth more than 1400 billion dollars.[1] These funds charge fees from their members and employ trained and experienced managers, who are conversant with equity and bond markets and focus solely on optimising the monies entrusted to them. Most fund managers are recruited with care, trained extensively and paid handsomely by their employers. These funds, widely known as Mutual Funds, have a variety of schemes for the benefit of their clients. Mutual funds are often categorised by investment policy. Major policy groups include money market funds; equity funds, which are further grouped according to emphasis on income versus growth; fixed-income funds; balanced and income funds; asset allocation funds; index funds; and specialized sector funds [2] It is the objective of this essay to analyse the functions and methodologies of actively managed funds, with reference to other modes of equity investment, and determine whether their inclusion, in the portfolio of risk-averse investors is desirable. Active fund management refers to a strategy wherein fund managers actively pursue objectives of outperforming specified benchmark indices; in other words they aim to provide returns better than what the market can theoretically give to investors. Active funds, like other mutual funds levy a host of charges on investors that are payable at entry, exit and during the time investors keep their money with them. Fund managers use an assortment of means to achieve their targets, which include the use of ratios, specific sector bets, short selling, use of market inefficiencies and investments in small cap stocks. In a number of cases these measures entail a significant amount of risk. Losses, if and when they occur, are borne by the investors, mostly through the Net Asset Value (NAV) mechanism. 2. The Methodology and Risks Associated with Active Fund Management Actively managed funds are among the fastest growing funds worldwide and increasing num bers of investors are putting their financial assets in the hands of fund managers. Researchers have actively worked on the various mechanisms involved in actual fund management, not only to assess their methodology but also to ascertain their level of success. Studies generally indicate that active funds rarely outperform index funds over sustained periods of time even though there may be phases when they are significantly ahead of index funds. If the cost of fund management is factored into the scheme of things there is a real possibility of the return from actively managed funds not being commensurate with the risks involved; in such case it is difficult to understand how active funds are able to attract so much capital. One school of thought states that the returns from actively managed funds depend upon the quality of fund managers and well managed active funds are able to regularly outperform index or passive funds. However, active management, when thoughtfully executed, ca n potentially add value relative to a static asset allocation implemented through index funds. Investors and their advisors can maximize a portfolio’s potential for alpha by selecting talented managers with low costs and incorporating them into the portfolio in a manner that does not sacrifice control of systematic risk factors.[3] This theory about performance of actively funded funds being dependent upon their management is empirically borne out, to a certain extent, because of the superior long-term performance of some actively managed funds. However, the variables associated with the equity market, the inherent unpredictability of individual share and collective market behavior and the extent of factors that can influence the market, and which remain beyond the forecasting ability, knowledge and control of active fund managers, make such claims untenable. Active fund managers use the help of statistical forecasting tools, fundamental and technical analysis, accepted ma rket models and established stock market theories to make their portfolio decisions. Individual judgmental decisions are seldom, if ever, used. The efficient market hypotheses and the use of the Capital Asset Pricing Model (CAPM) are some of the important theories that help in explaining the nature of equity markets Efficient Market Hypotheses The efficient market hypotheses have three sections, the weak form, the semi strong form and the strong form.[4] The weak form postulates that prices of shares reflect all information in past and current prices and transaction volumes, thus making movements unpredictable and the chances of making profitable trades just about even. The semi strong form goes a step further to state that prices have already factored in additional information such as company and industry data, as well as broad economic data including interest and currency fluctuations and inflation. These two hypotheses, in effect, state that as current share prices factor i n all the variables used in technical and fundamental analyses, future movement is inherently unpredictable and investment decisions of fund managers nothing more than shots in the dark. Finally the strong form hypothesis states that all information, public and private is reflected in share prices. This is possibly an untenable hypothesis as there may be a number of facts available with the management that may not be available with market operators. A case in point is Enron, where a great deal of inside information, available with the management, was not passed on to the market, enabling the top management to use the undisclosed facts to their advantage. While the efficient market hypotheses rule out the possibility of predictability in stocks, analysts believe this is only partially true and the hypotheses do not address the issue of market momentum, wherein groups of stocks do show the tendency for unilateral predictable movement, a fact that can be used by fund managers to inc rease returns on investments. Capital Asset Pricing Model (CAPM) The CAPM was conceptualised by William Sharpe as far back as the early sixties and has since evolved into one of the chief models for managers to control risks while taking investment decisions. It is an equilibrium model that describes the pricing of assets as well as derivatives. The CAPM is the single most used model for valuing securities and uses the Discounted Cash Flow system with risk adjusted discount rates. The CAPM postulates that entry into markets opens investors to two types of risks, systematic risks that arise from just being present in the market, and unsystematic risks, which arise from investing in particular companies. As unsystematic risks can be controlled through a process of diversification, the main risk in portfolio decisions comes from systematic risks.[5] The use of CAPM and other models like the Arbitrage Pricing Theory and Black Scholes provide alternative tools for fund managers to tackle risks and make informed and calculated investment decisions. It is evident from the foregoing analyses that most investment decisions associated with active fund management have significant elements of risk. In most cases, except when fund managers are privy to information that is unavailable to the market, the probability of profitable decision making is not more than even, and it is possible for results to go either way. The only time when chances of profits are relatively high relate to working in equity markets that have gained momentum. Even in momentum led markets, while the movement of a group of shares can be predicted, it is difficult to do the same for individual shares. 3. Analysis and Conclusion Existing theories on market hypotheses make the point that both fundamental and technical analyses do not provide credible tools to fund managers to help them in making profitable investment decisions. Profitable decisions are facilitated mostly when fund managers have access to information unavailable to the market or operate in markets that have generated significant momentum. Such opportunities however, arise very occasionally. While use of CAPM and other existing models help in constructing risk controlled portfolios, the risk of remaining in the market is permanent and cannot be eliminated. These facts are corroborated to a great extent by the fact that actively managed funds have been outperformed by indices regularly for the last fifteen years.[6] Index funds invest in a selection of equities that comprise the index. Their performances are similar to that of the index. They, however, trail the index marginally in returns because of the associated transaction costs. The costs of index funds are however much less than that of actively managed funds and with most active funds trailing the indices, the rates of return of actively managed funds are significantly lower than those of index funds. Prima facie, there appears to be very litt le reason for the risk-averse investor to invest in actively managed funds. Statistically, their average performance is poorer than that of index funds, their costs are significantly higher and risk profiles obviously greater. Risk-averse investors might still however wish to participate in the far higher returns that some actively managed funds are achieving, especially in the current climate of economic buoyancy. These investors can consider two alternatives. First, investors could choose actively managed funds that have an extended history, i.e., more than five years, of outperforming indices. This is a judgmental decision and does not guarantee future performance. Second, they could opt for funds which operate on a core and satellite system. These funds have a core portfolio of index funds that help in reducing the risk factor considerably. Deployment of the satellite funds is through active fund management and is subject to greater chances of risks and profits. This could be a suitable avenue for risk-averse investors who wish to control risks, but aim to increase their return. Bibliography Active Fund Management and Investment Strategies, 2006, Investment Management, Retrieved November 14 2006 from www.londonexternal.ac.uk//lse/lse_pdf/further_units/invest_man/23_invest_man_chap3.pdf Bodie, Z, Kane, A and Marcus, 2005, Investments, McGraw Hill, USA Burton, J, 1998, Revisiting the Capital Asset Pricing Model, Dow Jones Asset Manager, Retrieved November 12, 2006 from www.stanford.edu/~wfsharpe/art/djam/djam.htm Investment funds from Barclays Global Investors, 2006, Retrieved November 12, 2006 from https://www.bgifunds.com Levy, H, 1996, Introduction to Investments, South-Western College Publishing, USA Wicas, N, 2005, Add active ingredients to spice up passive portfolios, Professional Wealth Management, Retrieved November 12, 2006 from www.pwmnet.com/news/categoryfront.php/id/75/ASSET_ALLOCATION.html Lofthouse, S, 1994, Equity Inves tment Management: How to Select Stocks and Markets, John Wiley and Sons, Inc. Bottom of Form 1 [1] Investment funds from Barclays Global Investors, 2006, https://bgifunds.com [2] Bodie, Kane and Marcus, 2005, Investments, Ch. 4, [3] Wicas, N, 2005, Add active ingredients to spice up passive portfolios, Professional Wealth Management [4] Active Fund Management and Investment Strategies, 2006, Investment Management, [5] Burton, J, 1998, Revisiting the Capital Asset Pricing Model, Dow Jones Asset Manager [6] Wicas, N, 2005