...portfolios they manage or merely create excessive transaction costs through active management. Stock selection and market timing are the two basic abilities that drive manager performance. The focus of this report is on market timing as it examines if an investment strategy that changes allocations in response to economic conditions is better than a traditional buy and hold strategy. The analysis utilizes daily return data covering the period from January 1990 to March 2010 with the test portfolio consisting of two risky assets (the total return on the S&P500 and NASDAQ) and a risk-free asset (the return on the 10-year government bond). The predictive instruments include changes in the level and shape of the term structure of interest rates and the market’s implied volatility, given current short-term rates as suggested by the level of 1-year government bond rates. A one-factor regression model is employed to test the hypothesis; the factor being the excess return of the portfolio on the market – a measure of of the portfolio manager’s timing ability. The underlying basis is that if a manager increases (decreases) the portfolio's market exposure prior to a market increase (decrease) then the portfolio's return will be a convex function of the market's return, and will be positive. The regression results exhibit a solid positive value for the market timing coefficient, suggesting significant...
Words: 1554 - Pages: 7
...about how one should eat well, while on campus. She stressed the importance of taking advantage of the campus' to-go box system. She explained how this was an easy way to plan one's breakfast and snack options. Students are allowed 20 to-go swipes per semester at TCU. Using the to-go system allows one to keep helpful foods in the room, instead of grabbing fast food in-between or after classes. The items Lauren suggested dancers take were; yogurt and granola, toast and cream cheese, hummus and veggie sticks, and peanut butter and apples. These snacks all include a necessity in the diet of dancers. Lauren explained how dancers need fat in their diets and cannot just avoid it. One of the most helpful subjects that Lauren addressed was meal timing and meal components. After reading the supplemental essay about how dancers should eat and about nutritional information,...
Words: 444 - Pages: 2
...textile institute of pakistan | Comparison of Retail Restaurants (Roasters & Nandos) | Retail Management | | | 5/14/2014 | | In the assignment of comparing two retail outlets, the retail sector that we selected was food. We decided to choose the most famous restaurants of Karachi, which are Roasters and Nandos. The Roasters branch that we visited was at Sindhi Muslim (SMCHS), the Nanados branch visited was the Clifton branch as the Sindhi Muslim branch was being renovated. We selected the food retail sector as a lot of times we visit restaurants and ignore some problems, this might be as we visit the restaurants frequently or we like the food or maybe the ambiance lightens up our mood. Therefore this time when we visited the restaurants we wanted to focus on the problems that we might ignore. Starting with Roasters * Location: Roasters is located in Sindhi Muslim where several other food outlets are available such as Nandos, KFC, Royal, Bundoo Khan, Eaton etc. The restaurant is placed in the middle like seen in the image below. It is a two story restaurant with a simple signage of the restaurant name in red and then right on top they have their logo in brown. * Interior: The interior of the store is very simple; on the ground floor they have dark brown wooden tables and chairs with white table clothes along with silver cutlery and white plates in the center and beige couched seating with tables on the right side. As you enter the store they have a bar table...
Words: 1926 - Pages: 8
...Background – about the company or business Describe how you were able to identify background information on the company or business, including all the applicable national standards, codes of practice and privacy. Give an overview of the business, including: * a brief description of the business * aims and objectives of the business. Cruise is a classy yet casual, waterfront venue with a range of dining, entertainment and event options. Cruise Bar is perfect social setting for a relaxing drink after work or a gathering with friends, with late night DJs on Friday & Saturday it is also a great place to party. Cruise Restaurant on level 2, provides a perfect setting for an evening meal. Our seasonal menu infuses the best fresh local ingredients with Modern Australian cuisine, providing and unforgettable dining experience. Be charmed by Cruise Restaurant and appreciate the warm ambience and flavoursome cuisine complimented with stunning views of Sydney Harbour and city skyline. Cruise Restaurant also boasts an award winning cocktail lounge where you can enjoy pre or post dinner cocktails. Our skilled bartenders can create a stylish range of cocktails to take your fancy. Cruise Events on level 3, is the perfect setting for any event, a spacious area with it's own private wrap around balcony complimented with stunning views of the city skyline and Sydney Harbour. Dance, drink and dine in this sensational contemporary venue. Cruise Bar's central location at...
Words: 1661 - Pages: 7
...supposedly, everyone else is. There are also other emotions, such as anger and disappointment that can influence your decisions. Emotions may interfere with discipline and sound decision making. But, they are not “all-powerful.” You can master and control them. Fight Or Flight It is reasonable to be fearful when real money is on the line. That is why winning market timers protect themselves by trading with a detailed market-timing strategy. Timing strategies are not affected by the emotions of the masses, and they are also designed to manage risk. When you know your strategy works over time and is designed to minimize risk, you can execute the buy and sell signals effortlessly and with less fear. You do not fret over the inevitable losing trade. Instead, you are excited about taking the next trade. You know that next big winning trend is coming. Whether it begins tomorrow or in several months, you trade with the knowledge that when it begins, “you” will be one of the winners who is able to capitalize on it! This is why trading with a specific timing strategy is critical. The moment you...
Words: 789 - Pages: 4
...Kirtricia Copeland ENG 1102 13T4 Dr. Roger Fontana, Instructor 21 April 2013 Sure Thing by David Ives Sure Thing is a short comic play by David Ives including the meeting of two characters. The play begins with Bill approaching Betty in a café, asking "Is this chair taken?" To which she replies “Yes.” The bell rings and Bill repeats his question to which Betty says, “No, but I'm expecting somebody in a minute.” The bells rings again, and Bill poses his question again. This process continues until Bill is finally allowed to take a seat. The entire conversation is comedic and gives a different approach to the questions they are asking each other after the bell rings. I think that it is a lighthearted play. The setting have you as if you are there watching them have the conversation. Everything seemed unrehearsed and even though conversations do not take place like this it was an interesting play. When the bell rings they start their new conversation off with the last thing they discussed with a little comedic twist. The symbolic title of this play, “Sure Thing,” points to the need for a sure thing when dating. Throughout the entire play there is almost always one character that is looking for a sure thing in a relationship and in most of the situations this causes a bell to sound. In the beginning when Betty does not know Bill, to dismiss him she says “Sure...
Words: 354 - Pages: 2
...Snack Food Industry Analysis Discussion Meng-Kai (Leo) Chiu Texas A&M University – Central Texas GB 588 – Seminar in Business Strategy Snack Food Industry Analysis Discussion Porters Five Force Model for the Snack Food Industry Nature and Strength of the Snack Food Industry Supplier Bargaining Power: Strong factors: • Cost of switching is low. • There are large numbers of suppliers. • Supplier is not dependent on industry. Supplier power is weak. Buyer Bargaining Power Strong factors: • Cost of switching is low. • Buyers have more knowledge about healthier alternatives. • Buyers are price sensitive. Overall bargaining power of buyers is high. Substitutes Strong factors: • Quality substitutes are readily available. • Cost of switching is low. • Substitutes have comparable or better features. Substitutes are easily attainable and switchable so substitutes are a strong factor. Rival Firms Competition Strong factors: • Cost of switching is low. • A lot of competitors. • Buyer demand is weak. Fierce competition between existing competitors. Threat of New Entrant Weak factors: • High capital requirements. • Experienced based cost advantages. • Strong product differentiation and brand loyalty. Threat of new entrant is which due to the factors mentioned above. Factors Driving Industry Change • Healthier food choices and more knowledgeable customers: this changes the growth rate of the company. • Increasing globalization: this may lift trade...
Words: 319 - Pages: 2
...through the SuperTracker that I needed to increase my calorie intake to 2,200 calorie per day to achieve a healthier weight, as I was 99 pounds, and wanted to reach a goal of 105 pound. Even though I eat healthy food, I don’t eat a well-balanced meal. The SuperTracker showed me to implement more fruits, proteins and dairy into my meal plan. Vegetables and whole grains have really never been an issue for me. My other goals were to increase my vitamin D, vitamin A and iron, so I can stop taking supplements and to increase my dietary fiber. Throughout the nine-week program, I found that my eating habits did not improve. My calorie intake never went over 2,000 let alone get up to 2,200. I was although really shocked to learn how much sodium I consume, I always thought I was good with watching my sodium intake. This is why people have to be more concise of what they purchase as it can be high in sodium. The coach center message archive gave me some of the following advice for vitamin D, dietary fiber and iron. Vitamin D their comment was, try to meet your recommendation by trying new recipe ideas for salmon, tuna, and sardines. Dietary fiber the comment was plant foods are where you find fiber-fruits, vegetables, nuts and whole grains, when your meal has more fiber, it often has fewer calories, and you’ll feel fuller and stay within your calorie allowance. Their comments to incorporate more iron into my diet were, chickpeas are a source of iron, have hummus on a sandwich or with carrots...
Words: 1612 - Pages: 7
...and go on about your day and not worry about how or when your next meal will be? When you picture hunger issues do you think of underdeveloped third world countries? Or homeless people that you see on the side of the street? The truth is that there is a new picture that should come to mind when you think of people not having enough to eat. In the United States, 1 out of every 6 families struggle with hunger. Millions of hard-working families, many that have children and are caring for seniors are struggling to make ends meet and often go several meals or even days without food. This speech is to provide some facts on this issue and persuade you to maybe take a step to help make an impact on hunger issues in your community. Due to the recent decline in the economy the statistics are staggering and are mind-boggling. The organizations Feeding America and NoKidHungery.org state: • 16.7 million children and 2.8 million seniors lived in food insecure households. • In 2010 the top 5 states with the highest rate of food insecure children under the age of 18 were D.C, Oregon, Arizona, New Mexico and Florida • 62% of American teachers regularly see children who come to school hungry. Many of these children rely on school meals as there only source of food. • Hunger is most common in larger cities but is still prevalent in rural areas For those of us who have never had to worry about where their next meal is coming from these may just be words and you may not able to relate...
Words: 636 - Pages: 3
...The aims of this report are to reveal my achievement, difference experiences, and other events at my organisation during the nine month work placement. One of the famous hotels in central London which has been an extremely interesting history since 1907 is Strand Palace Hotel. It is easy to access around London popular places such as Trafalgar Square, Convert Garden, Charing Cross, London Eyes and so on. For tourists and foreigners, it is the perfect and easy going address and for international companies and business people, it can save their time, make them comfortable due to their incredible customer service in city area. I am a breakfast Food and Beverage assistant in Strand Palace Hotel. My responsibilities are directly report to our supervisor about complaint or special events, train new staffs on serving customer with going to extra mile, preparing coffee and tea for the guest, to be sure all of the equipment in the restaurant are proper storage and security of monies, reset the table for Lunch and dinner, participate in monthly training. My experience Hostess position Firstly, I got a promotion as a hostess position at the hotel’ Curvery restaurant in breakfast session. After promotion, I have more responsibilities to check the customers’ keys cards to make sure full English breakfast inclusive or not. If not, we have to charge in their room or ask them pay by card or cash. Seating the customer is not that much easy between 6:30 to 10:30 at breakfast because we have...
Words: 604 - Pages: 3
...BINGO Since its launch period in March, 2007, BINGO as a brand has been though a lots of ups and downs. Both Branding and sales and Distribution aspects of marketing for BINGO have been explored and matured to a large extent. Though the product itself is considered to be in a growth stage with a market share of 16% in the branded snacks food category, it has been successful to a large extent in creating the required Brand recall for the category INDIAN SNACK INDUSTRY: Snacks are a part of Consumer Convenience/ Packaged Foods segment. Snack is describes as a small quantity of food eaten between meals or in place of a meal. Snack food generally comprises bakery products, namkeen, ready-to-eat mixes, chips and other light processed foods. According to Ministry of food processing, the snack food industry is worth Rs 100 billion in value and over 4,00,000 tonnes in terms of volume. Though very large and diverse, the snacks industry is dominated by the unorganized sector. According to a survey almost 1,000 snacks items and 300 types of savouries are sold across India. The branded snacks are sold at least 25% higher than the unbranded products. Though there is no particular time for snacks, normally they are consumed at teatime. There is large no. of varieties with specialities from all regions, which have gained national acceptance. The industry has been growing around 10% for the last three years, while the branded segment is growing around 25% per annum to stand at Rs.6000-Rs...
Words: 1057 - Pages: 5
...Food Product Design FMI Reveals Grocery Shopper Trends October 29, 2010 0 Comments Posted in News, Economics, Market Research, Market Trends, Consumer Preference, Dairy, Snack Foods, Beverages, Frozen / Refrigerated Foods, Confectionery, Fruits / Vegetables, Bakery / Cereal, Private Label Print ARLINGTON, Va.—It’s all about the deal for today’s grocery shopper, according to “U.S. Grocery Shopper Trends 2010," a report from the Food Marketing Institute (FMI). “Shoppers have gained a renewed appreciation for saving money through home-cooked meals, comparison shopping, store selection, brand preference, coupons and more," said FMI President and Chief Executive Officer Leslie G. Sarasin. “They choose to save money by eating at home but they also believe, overwhelmingly, that the food they eat at home is healthier than eating away from home. It is clear supermarkets are positioned to help their customers save money and help them make healthier choices when it comes to food." According to the FMI report, shoppers are spending an average of $99.90 weekly on groceries, up 1.5 percent compared to last year’s average of $98.40. The three top reasons for choosing a primary store are: Price (75 percent); high-quality fruits and vegetables (73 percent); and items on sale or money-saving specials (67 percent). With saving money at the top of their minds, consumers are buying only what they need and seeking the best value for their money, says the FMI report. They are also using...
Words: 724 - Pages: 3
...the corners on the street. It is close by a small neighborhood and an elementary school, which this is known to be a small local business. This business mainly deals food in different variety of meals that consists of breakfast, lunch and also dinner. It operates in a set schedule every day for normal business hours. In the Business in Commerce they buy products like meats and chickens and certain different ingredients to resell it as cooked product, also known as a restaurant. They build a reputation upon good cooked meals. In the Business of Organization it is a family owned business that is operated by trusted friends and family. They have secret recipes and also ingredients that they use that make customers come forward for more. I am aware that they buy their food through warehouse prices cheaper, thus building a better revenue. Making sure that they are keeping this consistent to ensure the upkeep cost will allow them to keep the same reduced prices but a profitable gain. When there is marketing, it is when they show the picture of the food that you are interested in. With Business as an Occupation they ensure that their cooks will maintain the exact meals consistently with the ingredients for consumer to know and familiarize with the taste. They must ensure that their meals are always exactly the way as the description and also create it in a timely manner. Since their menu is vast there must be courtesy when it comes to serving, like “please” and “thank you.” “A company’s...
Words: 335 - Pages: 2
...D-Hall options Editorial As any student who has been on a non D-hall meal plan knows, it’s difficult to convince yourself to eat there when you have to use flex bucks or real money. D-hall costs over 7$ for students without a meal plan. That cost is the same regardless of how much you intend to eat, a detail that can be very frustrating. 7$ may not seem like very much, but when you are operating on a fixed income like many college students are, it becomes rather expensive to eat at D-hall. When offered the choice of having an arguably lesser quality biscuit and eggs with bacon in D-hall for 7$ or a quick to-go version of the same thing in Valhalla for less than 3$ it’s pretty obvious which one students will chose. Yes D-hall has a variety of other foods, such as cereal and juice and the occasional breakfast sausage in the morning, but half of those feel like they have better versions for cheaper in Valhalla (which is saying something considering the price of “groceries” in Valhalla). For an all you can eat dinner buffet, 7$ doesn’t sound like too bad a price considering the quantity of food you can consume especially after a hard day of class and work. The primary issue I have with D-hall is rarely do I feel like I’m eating enough to warrant paying my way into D-hall unless that multiple plate dinner is the intended case. It feels like a waste almost when you just want a to-go box with some sandwiches or a salad and it costs the same as that all you can eat buffet. People...
Words: 515 - Pages: 3
...Abstract This analytical report presents the research findings that will guide the development of a comprehensive food purchase, preparation, and cost sharing procedures for the full-time force of fire fighters. The problem raised in the case study is the need to develop a plan for how the fire fighters will prepare meals, purchase food, and share food costs, as it is the first time for the city council to transition to a force of full-time, paid fire fighters who will serve the small town of Pickering, Ohio. Based on the findings of the research, it was held that a healthy diet is very important for fire fighters because they are constantly exposed to stress and life-threatening conditions. Among the alternative solutions listed in the report, it was the option of hiring an in-house chef and kitchen staff (at least two members) who will be tasked to purchase the right food products and prepare all meals (breakfast, lunch, and dinner) for the fire fighters will help save costs on the meal budget for the entire team. Analytical Report: Food Purchase, Preparation, and Cost Sharing for the Ohio Fire Fighters Introduction Similar to the role of the military, the country’s line up of public safety professionals known as the fire fighters, serve the country with integrity, honor, and commitment. In fact, the fire fighters of the country may be considered as modern-day heroes who continuously...
Words: 2280 - Pages: 10
