...Apodaca MT302 Organizational Behavior Unit Seven: Application 15.2 Judgment Calls March 21, 2011 Judgment Calls 1. A colleague, an amateur pilot, shows up at a critical meeting with some Japanese executives wearing a tie adorned with pictures of a P51D Mustang escorting a B-29 Superfortress (the Mustang is a World War II fighter and the Superfortress is the type of plane that dropped the atomic bombs on Japan at the end of World War II). If the colleague showed up before the meeting, the first thing would be to pull him to the side and explain to him that the tie he is wearing is not appropriate for a meeting with Japanese executives. I would further explain that in any type of meeting, especially critical ones, first impressions are very important. For the Japanese, casual attire is not appropriate for a business meeting. Men should wear dark conservative attire and according to their status and position, this will impress the Japanese. (Williams, 2008) If the colleague shows up during the meeting I would immediately apologize to the Japanese for the attire that my colleague is wearing and that by no means is it meant to show any disrespect. In Japan apologizing is considered a virtue. This shows them that we are willing to take responsibility and avoid blaming others for any mistakes that we make either purposely or unwittingly. When apologizing I will be bowing deeply to show that I am really very sorry. (Abe, 2011) To summarize, none of the scenarios should...
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... God calls Jonah to go to Ninevah to tell them that God will destroy the city if they don’t turn their ways Often times we are told to do things we don’t want to do as teens i.e chores, homework, work, talk in front of people * Running Away from God As soon as he heard what God wanted him to do, Jonah got on the first boat to Tarnish, which is the complete opposite direction hoping to run away from God because it was out of his comfort zone How many times have we tried running away from our calling because were scared of what the outcome will be. The unknown is scary!! What if we get made fun of? What is we fail? What if we don’t say the right things? Ninevah was the capital city of Assyria and was renowned as one of the most cruel and brutal nations in the ancient world. They thought nothing of burying their enemies alive, skinning them alive, or impaling them on sharp poles under the hot sun until they died of sunburn and exposure. Furthermore, Jonah’s message was not to be one of “God’s Love”, but of “God’s Judgement.” Its one thing to tell others about God’s love, but to tell of God’s judgement is not a welcome message people want to hear. Who wouldn’t run away? Outside his comfort zone, hostile listeners, and an unwelcome message. How often our lives are overturned because God asks us to do something that was simply not comfortable, or worse, against the norms. He calls us to deliver...
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...risk to investors invisibly. Hence, investors would like to speculate and hedge the financial risk as much as possible when do financial decision. Derivative financial instruments such as options, futures and others have been introduced and more commonly used to manage financial risk for improving decision making in this dynamic competitive environment. Options are defined as securities which one party has the right (no obligation) to buy or sell underlying assets with certain price within a certain/specific period of time (Hull, 2012). The option can be either call (right to buy) or put (right to sell) in the form of American options (exercised any time until expiry date) or European options (exercised on expiry date) as either traded options (standard option contracts) or overt-the-counter options (tailor made options). Due to various choices of options, different option pricing models such as Put-Call Parity, Black-Scholes, Cox-Rubenstein Binominal, Risk-Neutral valuation, the Greeks and others has been developed and applied in current financial market. Black-Scholes Option Pricing Model (BS) BS is designed and introduced by Fisher Black and Myron Scholes in 1973 with the assumptions of the market is efficient, returns are lognormal distributed, no commission or transaction cost is charged, no dividend is paid, no penalties to short selling, terms of European option is used, interest rate is remained constant and known rate (Black & Scholes, 1973). Thereafter...
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...Priestley initially introduces Sheila Birling as ‘a pretty girl’ although she’s in her early twenties. These early descriptions suggest immaturity; the fact that she is in her early twenties yet is still referred to as a girl. At the beginning of the book, she is presented as shallow and naïve. This allows for the audience to make premature judgements. However, this naivety and immaturity isn’t apparent at the end of the play. Sheila matures over the course of the play and her change is much more dramatic than other characters in the play. As the play is set in 1912, it could be argued that Priestley uses these changes to suggest the forthcoming changes after the war: before WWII, everyone was rather ignorant but the catastrophes of the war acted as an eye-opener for the general public; just as the Inspector’s visit was an eye-opener to the Birlings. At the beginning of the play Sheila’s joy and cheerfulness seems slightly excessive. This is a subtle hint to the audience that there’s an oncoming turnaround. Sheila is very materialistic (“…who has put on ring admiringly”) and very superficial (“Pretty?”). Similarly to a child, she enjoys attention and is definitely enjoying the attention that comes with the engagement. Another very childlike attribute Sheila possesses is her lack of seriousness; she seems to take everything as a joke (“with mock aggressiveness” “half serious, half playful”). Sheila doesn’t just act like a child, but is also treated like one (“Now Sheila…”...
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...This essay will explore the themes, character development and Priestley’s intentions for An Inspector Calls. Mr. Birling is a large pompous man in his mid fifties, a successful business man and the father of the Birling family. Throughout the play, Mr. Birling is shown by Priestley to be a narrow minded and unjust character. His uncaring view towards factory workers and cold-heartedness both contribute to Eva Smith’s death – who symbolises many other women who, like her, live in poverty and are treated unfairly by the upper-classes. Mr Birling on the other hand symbolises self-serving and materialistic Capitalism. This is demonstrated when Mr. Birling says ‘A man has to make his own way – has to look after himself’. Mr. Birling was not born...
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...GCSE English Literature Specimen Assessment Materials 1 For assessment from 2013 GCSE ENGLISH LITERATURE SPECIMEN ASSESSMENT MATERIALS GCSE English Literature Specimen Assessment Materials 3 Contents Page Question Papers English Literature Unit 1 (H.T.) English Literature Unit 2 a and b (H.T.) English Literature Unit 1 (F.T.) English Literature Unit 2 a and b (F.T.) 5 Mark Schemes English Literature Unit 1 (H.T.) English Literature Unit 2 a and b (H.T.) English Literature Unit 1 (F.T.) English Literature Unit 2 a and b (F.T.) 93 GCSE ENGLISH LITERATURE Higher Tier UNIT 1 Specimen Assessment Materials 2 hours SECTION A Question 1. 2. 3. 4. 5. Of Mice and Men Anita and Me To Kill a Mockingbird I Know Why the Caged Bird Sings Chanda’s Secrets SECTION B 6. Poetry 12 Pages 2-3 4-5 6-7 8-9 10 - 11 ADDITIONAL MATERIALS Twelve page answer booklet. INSTRUCTIONS TO CANDIDATES Answer both Section A and Section B. Answer one question in Section A and the question in Section B. INFORMATION FOR CANDIDATES The number of marks is given in brackets after each question or part-question. You are reminded that assessment will take into account the quality of written communication used in your answers. JD*(S-2011 Higher) Turn over. 2 SECTION A 1. Of Mice and Men Answer part (a) and either part (b) or part (c). You are advised to spend about 20 minutes on part (a), and about 40 minutes on part (b) or part (c). (a) Read the extract on the opposite...
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...In this essay I am going to be exploring the role and function of the inspector in “An Inspector Calls“. I am going to break down his role in the play, explore his effects on the other characters and analyse his stage presence and also show his intention in coming to the Birling household. I am also going to express whether I think, in the play, the inspector is supposed to be a real person or something other. When exploring the effects that the inspector has on the other characters I will describe the characters personalities and characteristics before the inspector arrives, and then after, once the moral has been introduced, to then find out whether they have engaged in becoming a better person or not. The social and historical perspective of the play is very important as it was written in 1945 and set in 1912. There are lots of events that happened between those times that the audience would have known at the time. Most of these are mentioned by the deluded Mr Birling, who says facts that the audience know not to be true, but he says them in such a confident, superior manner that it makes the audience dislike him. He says things such as “just because the Kaiser makes a speech or two, or a few German officers have too much to drink and begin talking nonsense. The Germans don’t want war. Nobody wants war, except some half-civilised folk in the Balkans. And why? There’s too much at stake these days. Everything to lose, and nothing to gain by war”. Even when Eric, who...
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...please? | Male: | It’s Richard Davies here | Michelle: | Certainly. Please hold and I’ll put you through. | Male: | Thank you. | | Michelle: | Hello, marketing. How can I help? | Male: | Could I speak to Jason Roberts please? | Michelle: | Certainly. Who shall I say is calling? | Male: | My name’s Mike Andrews. | Michelle: | Just a second - I’ll see if he’s in. Hello, Jason, I’ve got Mike Andrews on the phone for you ... OK - I’ll put him through. Hang on a moment, I’m just putting you through. | Telephone - Connecting Quiz Instructions: Choose the one correct answer 1. When you telephone a company the person answering the phone may ask you a question. Which is the correct question? A Who’s calling please? B Who calls? C Who it is? D Who called? 2. Which phrase means the same as ‘hang on a moment?’ A Just a second B I’ll put you on C Go ahead D I’m ready 3. Choose the correct...
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...Although these texts were written more than a century apart, they both explore the changeable and intricate relationships between a parent and their child. ‘Romeo and Juliet’ and ‘An Inspector Calls’ portray similar relationships between a parent and child. The structure of each text highlights the conflict and aggression, as the tension progresses. The scenes intensify when the powerful, controlling father figure feels his authority has been challenged by a child in the family. Firstly, in 'Romeo and Juliet' Lord Capulet expresses his forceful, vicious side when Juliet commits an act of disobedience. She decides to not follow her father's ‘decree’ to marry Paris, stimulating her father to act violently. Similarly, in 'An Inspector Calls', Priestly presents Mr Birling as a pompous man initially. However, as the tension increases, the atmosphere begins to change, and he becomes agitated as Sheila begins to answer back, revealing all of their crimes. There is a sense of hostility towards his children, as he feels they are to blame for the monstrosities that had occurred that night, potentially putting him at a disadvantage. Shakespeare and Priestly use a variety of techniques to present the relationships and theme of parental control and authority. Act 1: Scene 2 In this scene, Shakespeare presents Lord Capulet as a man who cares deeply for his pride and reputation, but above all his daughter. However, Lord Capulet seems to have a deceptive nature, when speaking about his...
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...Memorandum Date: 01/11/2012 To: Kate Agena From: XXXX Subject: Web Conferencing Programs The basic research I have done on available web conferencing programs are as follows: Adobe Connect Web Conference Program According to "Adobe" (2012), “Adobe Connect is based on Adobe Flash® No need for additional downloads. Unlimited online meetings Fully hosted, web-based solution PC, MAC and Mobile Phone compatibility Computer audio and telephone conference call integration Training & 24x7x365 live FANATICAL support for both presenters & attendees before & during meetings” (para. 2). Starts at $42/Month MegaMeeting According to "Web Conferencing Software Review" (n.d.), “Voice features and MAC, Windows, and Linux support help MegaMeeting includes multipoint, desktop video software that allows 16 individuals to be seen at once, and an unlimited number of participants to view those 16” (para. 2). Professional plans are available from $45/month, and a 1-year enterprise license is available for around $17,000. Instant Teleseminar According to "Web Conferencing Software Review" (n.d.), “Unlimited Use! Up to500 person capacity Up to 3,000 line audio webcast 100+ Customizable Web-Page Templates – customize your event in 3 minutes Pre-Written Promotional Copy (You can tweak if you wish) Web Event-Page Publishing at the push of a button” (para.3) Packages at Instant Teleseminar, start at $47. The two web conferencing programs that I have chosen and...
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...An employee stock option plan (also called a share-based compensation plan) is a compensation arrangement (award) established by a corporation. Under this plan, its employees, in exchange for their services, receive shares of stock, share options, or other equity instruments (or the corporation incurs liabilities to employees in amounts based on the price of its stocks). Mr. Lay’s option plans were considered as compensatory. A noncompensatory employee plan (share purchase plan) is designed by a corporation to raise capital or to obtain more widespread employee ownership of the corporate stock. Three criteria must be met for a share option plan to be noncompensatory: 1. Substantially all employees who meet limited employment qualifications may participate in the plan on an equitable basis. 2. The discount from the market price does not exceed the per-share amount of stock issuance costs avoided by not issuing the stock to public. A purchase discount of up to 5% automatically complies with this criterion. 3. The plan has no option features other than the following: (a) employees are allowed a short time (no longer than 31 days) from the date the purchase price is set to decide whether to enroll in the plan, and (b) the purchase price is based solely on the market price of the stock on the purchase date, and employees are permitted to cancel their participation before the purchase date and obtain a refund of any amounts previously paid. If all these criteria are met, the...
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...Request for Proposal An Inventory Control System Just Seeds Unlimited Co. 4105 Stuart Andrew Blvd Unit #3 Charlotte, NC 28217 704.222.2222 Distribution List (TBD) Linnea L. Williams lwilliams.lwilliams@gmail.com PM598 – May 2011 TABLE OF CONTENTS 1. INSTRUCTIONS TO BIDDERS 5 1.1. General Description of Work 5 1.2. What Must Be Included with Bid 5 1.3. Schedule of Bid Period Activities 6 1.4. Location of Work 6 1.5. Pre-Bid Meeting 7 1.6. Owner Contact for Questions 7 1.7. Pre-Award Surveys 8 1.8. Sealed Bid Requirements 8 1.9. Basis for Bid Evaluation 9 1.10. Ethical Standards 10 1.11. Responsibility for Surety Bonds 10 1.12. Proposal Format 10 1.13. List of Bidders 12 1.14. Letter of Acknowledgment 13 2. DESCRIPTION OF WORK 13 3. PROPOSAL 15 3.1. Breakdown of Bid Price 15 3.2. Revisions and Extra Work 15 3.3. Scheduled Completion Dates 16 3.4. List of Subcontractors 16 3.6. Key Supplier or Contractor Personnel 17 3.7. List of Bid Document Addenda Reviewed by Bidder 17 3.8. Notice of Conflicts or Errors in Bid Documents 17 3.9. Bidder Signature 17 4. SPECIFICATIONS AND DRAWINGS 18 5. GENERAL CONDITIONS AND CONTRACT AGREEMENTS 18 Appendix B 21 Supplier/Bidder List 21 1. INSTRUCTIONS TO BIDDERS The following section entails information that Just Seeds Unlimited Co. requires of bidders when preparing the response bid proposal: 1.1. General Description of Work Provide Just Seeds Unlimited Co. with a fully designed solution for...
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...C A L TECHNICAL The Greeks are coming STEVE JAY RELEVANT TO PAPER 3.7 The new Paper 3.7 Syllabus includes far more detail on options than the old Paper 14. This article looks at the areas involved in the scope and benefits of financial engineering section of the syllabus. The reference to Greeks will become clear as we proceed. WHAT IS AN OPTION? The definition in finance is quite similar to that in every day language, i.e. an option is the right but not the obligation to perform a certain action. More specifically in finance it means that if we buy a call option we have the right but not the obligation to buy: a fixed amount; at a fixed time; at a fixed price; of the underlying instrument. On the other hand if we buy a put option we have the right but not the obligation to sell: a fixed amount; at a fixed time; at a fixed price; of the underlying instrument. TABLE 1: OPTION TERMINOLOGY Call option Put option Exercise price/Strike price In the money Out of the money American Option European Option Premium Traded Option Over the counter option Let us commence with a summary of the terminology surrounding options. This is given in Table 1 and many of the terms should be familiar from the foreign exchange and interest rate exposure sections of the syllabus. USES OF OPTIONS Options have two major uses on financial markets, speculation and hedging. Figure 1 gives an example of how speculators can use options to gamble on share price movements. It will...
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...by the Eagles On a dark desert highway, cool wind in my hair, warm smell of colitis, rising up through the air. Up ahead in the distance, I saw a shimmering light. My head grew heavy and my sight grew dim, I had to stop for the night. There she stood in the doorway; I heard the mission bell and I was thinking to myself, "This could be Heaven or this could be Hell". Then she lit up a candle and she showed me the way. There were voices down the corridor, I thought I heard them say, “Welcome to the Hotel California. It’s such a lovely place, such a lovely face. Plenty of room at the Hotel California, any time of year, you can find it here”. Her mind is Tiffany-twisted, she has the Mercedes bends. She has a lot of pretty, pretty boys she calls friends. How they dance in the courtyard, sweet summer sweat. Some dance to remember, some dance to forget. So I called up the Captain, "Please bring me my wine.” He said, "We haven't had that spirit here since nineteen sixty nine." Still those voices are calling from far away. Wake you up in the middle of the night just to hear them say, “Welcome to the Hotel California. It’s such a lovely place, such a lovely face. They’re living it up at the Hotel California. What a nice surprise, bring your alibis.” There are mirrors on the ceiling, the pink champagne on ice. Then she said "We are all just prisoners here, of our own device.” In the master's chambers, they gathered for the feast. They stab it with their steely knives, but they just...
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...1. Managing Currency—Currency Options Let’s based on Figure 1.1 Option Chain for NASDAQ OMX call option below, we will do a call option example. Figure 1.1: Option Chain for NAZDA OMX Group Inc. (Taken and Compiled from Figure 1.2: Option Chain for NASDAQ OMX Group Inc. (NDAQ) in Appendix A) Both calls and puts option will be based on the option of striking price at 32 cent/AUD, expires on September 2013 and a contract size is AUD10,000. 1.1 Call Option Premium price=2 cents/AUD Supposed that the spot rate at expiration (in cents), ST = 40 cents/AUD Exercise value = ST– Strike price = 40 – 32 = 8 cents per contract or $800. Thus, the call owner will be able to purchase AUD10,000 worth $4,000 (=AUD10,000 X $0.40) in the spot market, for $3, 200 (=AUD10,000 X $0.32). But if the Spot rate at the expiration is lower than the strike price, and causing a negative exercise value, the caller buyer has no obligation to exercise as it will be a disadvantage. He/she can either let it expire or zero value. Below in Diagram 1.1 graph illustrates the 32 Sept AUD call option from the buyer’s perspective at the expiration. As shown above, in the buyer’s perspective, he/she should not lose any amount over the premium when the Spot rate is higher than the Strike price and in theory the buyer will have an infinite gains. When it reaches the spot rate at expiration which is ST = E+p = 32+2 = 34 cents/AUD, both the buyer and the writer have gain or lose...
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