Credit Default Swap Free Essay Example, 1500 words

The CDS will terminate either at the bond’s maturity or the date a default event occurs, whichever comes first. If default never occurs, General Motors continues to pay the periodic coupon payments and at maturity pays the principal portion of the bond to the investor, and the investor pays the CDS premium payments to Morgan Stanley until the bond matures. Morgan Stanley will never have to make any payments and profits for assuming the credit risk of the bond. If a default event occurs before the set maturity, Morgan Stanley instantly compensates the protection buyer for its loss and has no further obligations in the CDS contract. In this event, the investor would have minimized its losses by entering into the credit default swap. Question 3 A fair price (value) of Credit Default Swap would involve calculating the present value of periodic premium payments equal to the asset backed value of the entity at the time of maturity of the loan or the probable time of default. This would then be added to a payment for the possibility of default which is based on the recovery rate. We will write a custom essay sample on Credit Default Swap or any topic specifically for you Only $17.96 $11.86/pageorder now Both items will be discounted to present value. Question 4 The structure and timing of the cash flows that would be made between First American Bank (FAB) and Charles Bank International (CBI), if they agreed on credit default swap to support the two year  £50 million loan that CBI is hoping to make to CapEx Unlimited (CEU) would be as follows: - the standard fee payment period is semi-annually. The payment will involve the risk free interest rate with a premium added to allow for the credit risk involved. This credit risk will be based on the credit rating which was last BB and which suggests that CEU is speculative. It will also involve an additional charge for the possibility of default which his based on the recovery rate expected on this event. The risk free rate at the time of the deal was 4.5%. This rate is comparable to the 5 year Treasury STRIP yield of 4.51% but way above the 2 year Treasury STRIP yield of 3.2%. That is a difference of 1.3%. The credit spread for 2 year and 5 year by maturity and at the closest available rating related to the telecommunications industry were 260 basis points and 256 basis points respectively. This translates to 2.6 and 2.56% respectively. The credit spread and the risk free rate applicable would be 3.2% plus 2.6% equals 5.8%. An extra default premium should be added to account for the above average risk. Question 5 The option pricing approach to firm default risk to calculate the CEU’s expected default frequency (EDF) during the next five years will be the Black-Scholes Option Pricing Model.

The Immortal Like of Henrietta Lacks by Rebecca Skloot - Free Essay Example

Sample details Pages: 4 Words: 1191 Downloads: 8 Date added: 2019/08/16 Category Medicine Essay Level High school Tags: Henrietta Lacks Essay Did you like this example? The Immortal Like of Henrietta Lacks, by Rebecca Skloot, summarizes the life of Henrietta Lacks, as well as the way her life changed the world forever. The thought of enjoying a book that, at its core, is about medical research did not occur to me. However, after reading the book I must say that it was actually enjoyable, fitting well with our class. Don’t waste time! Our writers will create an original "The Immortal Like of Henrietta Lacks by Rebecca Skloot" essay for you Create order I did find the more than 300 pages quite a bit more than I could handle, especially in an electronic format. I ended up finding the book at the library and had a much easier time. Overall, I feel that genetics can be a daunting subject, but this book did help drive home some basic concepts covered in our other reading, tests, and assignments. Following a pregnancy, Henrietta Lacks experienced persistent abdominal pain and unusual bleeding which she believed could be an ectopic pregnancy. Being African American, the only hospital near her that would see her was Johns Hopkins Hospital, some distance away. Doctor Howard Jones accepted care for Henrietta at the hospital and examined her, leading to the discovery of cervical tumor. The author suggests that Dr. Jones hadnt seen anything like this before and removed a small tissue sample to by biopsied. These samples were sent to George Gey, a biologist at Johns Hopkins, and after being studied for a short time, the remnants of the tissue sample were placed in storage and labeled HeLa, the name posthumously assigned to these cells. The results showed that the tumor was cancerous and all this happened without Henrietta or her family knowing exactly what was happening and why. The HeLa sample in storage was later shared with colleagues at various institutions, and it was quickly discovered that the cells taken from Henrietta Lacks had a very unique quality: they seemed immortal in that they proliferated quickly and indefinitely outside the body. This uniqueness gave these HeLa cells an extraordinarily important place in research in that various diseases and treatments could be tested on live human cells without affecting the person they belong to. After unwittingly providing science with an immeasurable gift, and without consenting to anything beyond the exam by Dr. Jones, Henrietta Lacks passed away in 1951. In 1952, researchers at a different hospital began tests involving the Polio virus on HeLa cells. A small sample of cells were used to produce more, identical copies of the HeLa cells, allowing a wider variety of tests to be performed, and significantly reduced the risk of running out of the needed cells. It was these tests and the associated research that led to the eventual Polio vaccine, saving countless lives and providing future generations a means to prevent future outbreaks. Despite continued breakthroughs and increased knowledge as to why HeLa cells were different, the true reason was not discovered until much later, after decades of ongoing research. HeLa cells continued to be studied by scientists everywhere, when in the 1980s a virologist named Harald Hausen discovered HPV (Human Papilloma Virus), and sees that some strains of HPV may lead to cancer. According to the author, there are more than one hundred strains of HPV, but that only 13 of them lead to cancer. Of these 13 strains, HPV 18 is discovered to be the most virulent and a vaccine is developed to prevent HPV. The reason this is important is that in the case of Henrietta Lacks, HPV had inserted itself into her existing DNA, turning off a specific gene responsible for suppressing tumor formation and growth. In the case of HeLa cells, this meant uncontrolled, endless growth that defied what was understood at the time. Normal human cells have a finite life span, meaning they can only divide a certain number of times before they die. As these cells divide, the ends of normal chromosomes (telomeres) shorten with each division. It is when these telomeres get too short or run out completely that cell division stops and people pass away. Also controlling human lifespan is telomerase, an enzyme that helps to rebuild the telomeres and prolong cell-division and life. It Normally, telomerase works at a rate that prevents telomeres from maintaining their length indefinitely, but in the case of Henrietta Lacks, HPV had created a situation in which telomerase regenerated constantly and at a rate fast enough to prolong cell-division far beyond a normal timeframe. As mentioned previously, Henreitta Lacks had no knowledge of what Dr. Jones had intended to do with her tissue sample, and she would not be the last to experience this situation. In the 1970s, a man named John Moore visited the UCLA medical center having recently been diagnosed with a type of cancer known as Hairy Cell Leukemia. According to the Mayo Clinic, hairy cell leukemia is a rare, slow-growing cancer of the blood in which your bone marrow makes too many B cells (lymphocytes), a type of white blood cell that fights infection. These excess B cells are abnormal and look hairy under a microscope (Hairy cell leukemia, 2018). The physician who treated Mr. Moore had ordered samples of blood, bone marrow, and other body fluids be taken in attempts to guide decisions related to Mr. Moores treatment. Moore did sign a consent for the tests as well as a splenectomy, as physicians felt that Mr. Moores spleen would swell dangerously and that the risk of leaving it in was greater than that of removal. The consent also stated that the hospital could dispose of any tissue removed. The test results that the UCLA physician had ordered came back and showed that Mr. Moores cells were unique, and that they secreted proteins that stimulated white blood cell growth. As Moores treatment continued, he discovered that physicians had used his cells to create a commercially viable, marketable cell-line without his knowledge. It was only a new consent form with wording that suggested he waive his rights to any money generated from this cell-line that revealed to Mr. Moore that his cells were used. Moore signed the consent initially but then changed his mind after discovering that the physician who ordered the tests and procedures that acquired his cells was set to receive substantial monetary gain, and that a patent had been placed on the new cell-line. It was decided that, because Mr. Moore had signed the original consent which authorized the hospital to get rid of the tissue removed from him, he had no right to the patented cell-line that was developed without his knowledge, and that having signed the first consent, was not required to sign an additional consent regarding the use of tissue he consented to discarding. Despite the court ruling, similar events today would likely lead to different outcomes as consents are required for using any material, even unidentifiable genetic information, in any research or development of any new medication or treatment. In addition, should discoveries such as this come up in a similar fashion, physicians and researchers would likely have to disclose possible financial gains to avoid lawsuits as the use of tissues/genetic material taken from individuals who did consent to use of, but not patents or sales of their samples would likely favor plaintiffs.

Finding Your Voice an Analysis of the Color Purple

Finding Your Voice: An Analysis of The Color Purple â€Å"Who do you think you is? he say... Look at you. You black, you pore, you ugly, you a woman. Goddam, he say, you nothing at all.† (187) Alice Walker, the author of The Color Purple, focuses on the struggles of a poor and uneducated African American girl, who is verbally, physically and sexually abused by several men in her life. She feels worthless and becomes completely submissive. Her only way to express her feelings is through private letters to God. An emphasized theme in this work is that expressing one’s thoughts and emotions is essential in order to develop an inner sense of self. In the beginning of this novel, Celie is a young and naive adolescent. She is†¦show more content†¦Ã¢â‚¬Å"And she just about the color of a eggplant.† (87) Finally, Celie lives her life bitterly and does not notice or appreciate anything around her. Shug tells her, â€Å"I think it pisses God off if you walk by the color purple in a field somewhere and don’t notice it.† (p. 178) Shug feels that God created beauty in the world to make humans happy. She feels that it is important that people take the time to acknowledge everything around them. From this, Celie realizes that Shug has enlightened her. She admits that she does not appreciate the world she lives in. This changes the way Celie perceives her existence. She begins to have a more positive outlook on life, despite the hardship she experiences. Celie herself can also be compared to the color purple. She has lived her life unnoticed. Once she realizes this, Celie creates an identity for hers elf and is finally noticed amongst her community. Another important symbol in this novel is pants. Once Celie is liberated from her marriage, she starts a pant-making business. The pants represent independence, which again is a concept that relates to the theme of the novel. Celie can finally provide for herself. In her â€Å"previous life†, Celie’s only role in society was to bear children and keep house. The pants also symbolize a change in Celie’s relationship with men. Before, the idea that men and women had anything at all in common was completely daft.Show MoreRelated Compare racial and cultural struggles in Alice Walker’s The Color2850 Words   |  12 Pagescultural struggles in Alice Walker’s The Color Purple as well as Toni Morrison’s The Bluest Eye. In African-American texts, blacks are seen as struggling with the patriarchal worlds they live in order to achieve a sense of Self and Identity. The texts I have chosen illustrate the hazards of Western religion, Rape, Patriarchal Dominance and Colonial notions of white supremacy; an intend to show how the protagonists of Alice Walker’s The Color Purple as well as Toni Morrison’s The Bluest EyeRead MoreAnalysis Of Alice Walkers The Color Purple2079 Words   |  9 Pages In Alice Walkers The Color Purple, she explores the thin grey line that stands between survival and living. Through her protagonist, Celie, she examines the dramatic shifts of empowerment; focusing on the young black girl in the 1850’s. Walker introduces the reader to the protagonist, Celie, through a series of letters. In these letters the reader finds Celie amidst her mother’s death. The author chooses to address her letters to God, giving Celie a greater willpower to survive. Celie’s upbringingRead MoreThe Growth of Lily and Her Painting in To The Lighthouse Essay2129 Words   |  9 Pages- perhaps both (Woolf 17). William Bankes questioned the meaning of some of the elements of Lily’s painting, such as the use of a purple triangle to represent Mrs. Ramsay and James (Woolf 52). After Lily explained some of the elements of her painting to him, â€Å"He was interested. He took it scientifically in complete good faith† (Woolf 53). Lily’s use of a purple triangle to represent Mrs. Ramsay and James (Woolf 52) could symbolize many different things. Lily says, â€Å"It was a question [of] howRead MoreSensorial Montessori2473 Words   |  10 Pagesto the concept which is formed in his mind, for example heavy, light, thin, thick, etc. The language building, majorly starts developing when the child is been given the three period name lesson, beginning with the color tablets, where the child is being introduced to the 3 primary colors (red, blue, yellow), then presentation tray, geometrical solids, etc. He can also go back to the previous activities and learn the language for them as well, as it would be simpler to grasp the language now. The childRead MoreThe Hidden Gender Stereotypes in the Animations the Little Mermaid and Tangled7533 Words   |  31 PagesShe falls in love with Prince Eric, but she cannot confess her feeling because she is not a human. Throughout the story, Ariel goes to a sea witch na med Ursula to be human and Ursula gives Ariel a pair of legs. In return of the legs, Ariel gives her voice to Ursula. Tangled is a new animation movie of Walt Disney studio that talks about a smart yet naà ¯ve girl that has very long â€Å"magical† hair. Rapunzel spends her whole life in a tower with her stepmother. She never goes out to see the world untilRead More8 stages of social development6628 Words   |  27 Pagespostmodern age, we are asking serious questions regarding the preeminence of rigid ideologies, national boundaries, proprietary interests, technological utopias and naive, egalitarian demands in crafting the next global mesh. We hear all of these voices. We register all of the claims. We record all of the truths. We see all of the demonstrations and displays of street theatre. But, we have a sense they all stream from the Tower of Babel. No wonder the realities are so diverse; the thoughts so confusingRead MoreMens Rea The Writing Style and Feminism of Lakambini Sitoy7010 Words   |  29 PagesData-Gathering Process 14 Phase I – Analysis of the Main Characters 15 Phase II – Instances of Symbolism 15 Phase III – Instances of Figurative Language 16 Phase IV – Background, Influences, and 16 Motivations of Sitoy as a Filipina Writer Phase V – Sitoy’s Writing Style 17 4 Data Presentation, Analysis, and Interpretation 5 Summary of Findings, Conclusion, and Recommendation Summary of Findings 24 Conclusion 25 Read MoreDr. Beckett s Dental Office2610 Words   |  11 Pages#2 Analysis Dr.Beckett’s Dental Office Case Study Questions: 1) Price Dr. Beckett’s overhead was between 70-80% of revenues without including the cost of wages or office rental (p.510). Promotion Dr. Beckett did not use any advertisement. The Physical Environment â€Å"Dr. Beckett’s new office was Scandinavian in design (reflecting her Swedish heritage and attention to detail.) The waiting room and reception area were filled with modern furniture in muted shades of brown, grey, green, and purple. LiveRead MoreAssignment on Banglalink4731 Words   |  19 Pagesin Bangladesh. It offers prepaid and post-paid mobile connection services. The company also provides various value-added services, such as call forwarding/divert, call waiting/call holding, call barring, caller line identification presentation, voice mail, short messaging, ring tone and logo downloads, conference call, picture messages, and instant recharge. The company was founded in 1998 and is based in Dhaka, Bangladesh. Banglalink GSM Ltd. operates as a subsidiary of Orascom Telecom HoldingRead MoreMastering Graduate Studies 1e32499 Words   |  130 Pages . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Finding Your Purpose . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Program of Study. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

To Find Success, the Advertiser Must Analyze the Targeted...

What makes a magazine advertisement more than just a bottomless blank page, for which the reader will quickly skim over and forget? Finding the solution to this problem, requires diligent thinking. All aspects, angels, and ideas, come into play. When choosing a product by the form of advertisement, the viewer chooses the best ad that appeals to his/her needs/wants. This requires the advertisement producer to analysis the target audience. In Motor Trend ‘Merica, there are two advertisements for two identical products, tires. However, both of these ads are effective to two separate audiences. One ad aims to the countrified side of men and the other towards urbanized men. However, both of these ads can attract female individuals. So†¦show more content†¦These ads are completely different because they have diverse audiences. When determining who the target audience is for these two products, it is essential for the analyzer, to search outside of the box. First th ing to consider is the magazine. The name alone can shed light onto the two targeted audiences. The first part is â€Å"Motor Trend† and this can shrink the audience to, car enthusiast. The second is â€Å"‘Merica†. The online Urban dictionary describes Merica as, [a] whole new way of saying America. †¦ Merica is the whole experience of America summed up in a stereotypical way. Eating anything deep-fried, shooting shotguns, getting so fat you attempt to use the force to levitate [something] off the coffee table.†¦ It is often expressed in a proud and commonly exaggerated manor. This phrase is one to be only used when the time comes to say it, like at a[n] eating contest or at a mud pit wrestling match. (*) This demonstrates that the audience for this magazine is also countrified and patriotic individuals. When analyzing each individual ad, the audiences veers off into two completely different directions. In an interview with a Delta College student named Tyler Sanford, he expressed how the Toyo Tires advertisement snatched more of his attention because of its masculinity. The question that follows is, was this a hidden message to reel the viewer in and in result, the viewer would search for the meaning behind the advertisement? In a different interview with LarryShow MoreRelatedQuestions On Start Your Business Planning1349 Words   |  6 Pagesstrategies, packaging, analyze the profile of the entrepreneur. A person can make an idea a business, however, is not the same as having it in his head that develop it. The first thing an entrepreneur should do to do when starting an own business is to check to what extent this idea is innovative, find out if there are customers for it and what is their market. The mill itself has no meaning, only has economic value when placed on the market. During the first phase, the entrepreneur must invest in equityRead MoreHow An Agency Assist You At Generating A Significant Return On Your Marketing Investment? Essay1518 Words   |  7 Pagesthat s the reason you hired an agency to manage it but, you also need to go the whole nine yard and search out for something best for your business. Most small businesses find the consequent onboarding time to be just as challenging, too. The first 2-3 months of working with a social marketing partner are demanding for future success. In actuality all small business need an social management agency marketing partner who better understands both what and how the aspect of yours. Because, then only theyRead MoreThe Effects Of Nonverbal Communication On Advertising Essay2222 Words   |  9 Pagesrationale behind the selection of this topic is enticing in every sense. The topic tries to uncover the very remarkable and notable issue of the exploitation of non-verbal elements in a printed ad and how they help convey complex messages to the audience. At first, it takes me a long time to make sense of the topic and try to announce the major point or purpose the topic is trying to state which is the impact of nonverbal communication in advertising along with other nonverbal cues that are eitherRead MoreChanging Advertisemnt Trends3266 Wor ds   |  14 Pagesby day. Thus, marketers are trying to find out more effective ways to reach the target audience. But these changes have not occurred suddenly. There is a continuous growth in advertising trends with the passing time. While some old trends have been modified some new trends have evolved. The old advertising trends indicate a very simple equation i.e. more people=more sale. In the previous years the marketers were concerned about reaching more target audience. Advertising is changing its avatarRead MoreImpact of Radio Advertisements on Buying Behavoiur of Customer1875 Words   |  8 PagesINTRODUCTION 3. CONCEPTUAL FRAME WORK 4. REVIEW OF LITRETURE 5. RESEARCH METHODOLOGY 6. LIMITATIONS OF STUDY 7. BIBLIOGRAPHY. INTRODUCTION This study aims to analyze the impact of radio advertisements on urban customer towards buying behavior in retail stores and attempts to determine the role of radio advertising on broadcasting of information on the sales promotions. The impact of radio advertisements on theRead MoreCyberpreneur4850 Words   |  20 PagesHe  uses  an  online  based  content  advertising  model.  There  are  ad  spaces   on  his  websites  reserved  for  advertisements  usually  connected  to  the   content  being  offered.  As  they  read,  his  audience  may  also  click  on  the   ads  to  get  more  information  on  the  product  or  service  theyre  currently   interested  in.  The  more  his  audience  clicks  on  the  ads,  the  more  Samsul   can  charge  his  advertisers.  The  more  traffic  he  generates,  the  more  profit   he  will  earn.  Currently,  his  many  websites  include  websites  on  consumer   product  reviews  like  hand  phones  and  MP3  players  and  also  sites  Read MoreThe Role of Advertising in Marketing Communications9872 Words   |  40 Pagesinteractions. The advantages of events and experiences are as follows: Relevant: A well chosen event or experience can be seen as highly relevant as the consumer gets personally involved. Involving: Given their live, real – time quality, consumers can find events and experiences more actively engaging. Implicit: Events are more of an indirect â€Å"soft - sell† 4. PUBLIC RELATIONS AND PUBLICITY – A variety of programs designed to promote or protect a company’s image or its individual products. MarketersRead MoreImportant Celebrity Attributes5815 Words   |  24 Pagescelebrity gains. \ The most important attribute for a celebrity endorser is the trustworthiness. The target audience must trust that a celebrity carries a particular image and it must match with the product. \ The second attribute in order of importance is likeability. The celebrity also must be accepted as a popular icon by a large cross section of the audience. \ Similarity between the target audience and the celebrity is the third important attribute. A person well-known in a society can have greaterRead MoreThe Power of Branding Essay2195 Words   |  9 Pagesalso the connection between company and the audience. A brand communicated through different way to its audience. It can be from what the audience see and hear, or it can be the feeling or perceptions of the audience after they experience it. (Melissa Davis, 2009, p. 12) A brand has its storytelling and emotions to the audience. Once a company failed to give the promise and meaning to the audience, it brings negatives feeling and perceptions to the audience. Thus, it needs an effective way to leadRead MoreSocial Media Marketing in India10223 Words   |  41 PagesACKNOWLEDGEMENT â€Å"Knowledge is an experience gained in life, it is the choicest possession, which should not be shelved but should be happily shared with others. It is the supreme art of the teacher to awaken joy in creative expression and knowledge.† The success of any project is the result of hard work amp; endeavor of not one but many people and this project is no different. I take this as a prospect to a vow that it was an achievement to have succeeded in our final project, which would not have been possible

The Language of Performing Arts Free Essays

On being given the task of creating and performing a song based on the stimulus provided, it seemed doable and was approached by my group and I with enthusiasm and determination. We achieved roughly what to set out too. With some effort and contribution, every member of the group provided a vital input into the making of our final piece. We will write a custom essay sample on The Language of Performing Arts or any similar topic only for you Order Now Although all group members could have put in more effort to provide a more tidy finish to the performance, I believe the song written was of a good quality. When given the stimulus our group came up with several ideas based on â€Å"Of Mice and Men† for lyrics, although only those who knew the play were inspired by this particular stimulus. The other stimulus was ‘Dustbowl Days’ by Nicole S.Porter and this again provided vague ideas for lyrics. The group however took more specific ideas from â€Å"Dustbowl Days† and used ‘Life’ as a topic for the song, the lyrics were then written around this. As far as music is concerned the group decided that the lyrics could not be written out until chords and melody were fitted into place. As I was the most experienced with music in the group it was my job to find chords that created a sad yet effective pattern for a deep and meaningful song. After tampering with a E, D flat minor, G sharp minor, B chord progression for the verse I finally came up with just a simple A minor, F change over. Then every eighth bar a G fitted well. The rhythm was straight and of a moderate tempo, we decided working with a straight 4:4 rhythm would be easiest and besides that would fit our song better too. We practised improvising melodies over these chords until the group agreed on one fitting better than the others. To do this we took notes from the chords and practised singing them over the top of the chord to try and create a sad yet beautiful sound, this was achieved by holding the first note of the first chord of each verse and then using notes which fitted into the scales of both chords for the rest of the verse. Two members of the group then wrote the lyrics while I taught the other two members the chords and appropriate piano and guitar parts. We felt we wanted to include more instruments to give a thicker texture to make the song deeper. The piano part consisted of a simple set of notes (A, C, E, F) linking each chord before each change over. These harmonised very well as the notes were taken from the chords. The timbre of our song was very important to all members of the group and we decided that the lead guitar should be dominant and of a more clear sound so in order to do this the rhythm guitar used palm muted power chords while the lead clearly picked the notes from the chords. This did not only prove more practical but also have a more calm and tranquil effect as intended due to the songs nature. We then decided we wanted to try and make the audience ‘fall in love’ with our song, this was ambitious but in order to do this we intended to take advantage of the G chord every eighth bar and create a hook from it, this we achieved and although the singers did not harmonise with each other they did harmonise with the chord creating a hook line. A chorus proved quite difficult to make as our verse had come to us so quickly we were puzzled as to what to do. As the verse was in a minor key we decided the chorus should be in a major key. We came up with possibilities for a chorus and decided it should definitely consist of C major as the first chord as this fitted the well with the song. Certain members of the group then wrote more lyrics and insisted they had to be the lyrics for the non-existent chorus; this made writing it an even trickier job. After agreeing to all meet up and work on the chorus during a free block only two of the members of our group turned up, this added insult to injury and we finally decided as a group we shouldn’t spoil our song by adding another melody and set of lyrics which were of poorer standard to the verse’ and instead we should simply just have a guitar picking chords C, D Bb, and G. This didn’t turn out to be too badly and fitted the song well, and after speeding the tempo of the chorus up it fitted the song well. The transition from verse to chorus was immediate and very smooth, and then from chorus to verse it was paused with a two beat rest. As far as the performance of the song went it could have been better, the picked intro went as planned as with the fist verse and chorus, but one of the members of our group had decided to change the structure of our song at short notice, therefore the song did not end properly as not all group members had been informed of the removal of one of the verses. The part of the song that did go to plan was played pretty well and with little mistakes. Intentions were met as far as the audience were concerned although our mistake was noticeable it was not really commented upon. Little feedback was given but the audience responded all the same as the general tranquillity of the song was felt by most. If we got the chance to make and perform a song again I would insure more harmonising was done to create a deeper feel in timbre, and possibly more instruments were used including drums to maintain time. I would also ensure all group members were at rehearsals as appose to just two, this would mean more work could be put in to a shorter space of time. How to cite The Language of Performing Arts, Essays

Entrepreneurship And Management Journal †Myassignmenthelp.Com

Question: Discuss About The Entrepreneurship And Management Journal? Answer: Introducation Entrepreneurship refers to the ability and capabilities sort out and handle a business enterprise along with any of its dangers keeping in mind the end goal to make a benefit. Entrepreneurship essence is featured by the creation and risk-taking and it is an important portion of a country's capability in order to make succeed in an ever-changing and increasingly competitive worldwide marketplace. This essay prepares a fast food restaurant business plan in South Africa by using the Timmons business model framework Fresin Fries is locally owned fast food business that will be set as a international establishment through the Timmons model creative way to deal with the association's generosity and detail introduction. The projected initial investment of start-up this business was $20,000,000. The restaurant will offer a blended mix of good sustenance at value evaluating, with pleasure and environment. Due to increasing demand, wants and requirements of foreign cuisine, business takes a decision to launch its fast food center on a small scale. In the present competitive market, it is difficult to remember one fast food outlet from another. South Africa is as of now transforming into the ideal city for Africa new money related impact. The essential basic need is to set up one outlet in a swarmed center, in a perfect world in one of noticeable shopping centers in South Africa. This arrangement is made with a specific end goal to secure a place for the underlying dispatch of this arrangement. In connection to the money related viewpoints, the organization must be secured for the resulting outlets by expecting in month 13 and ideal on time in year three. The capital engagement from proprietors will permit Fresin Fries to viably open and increase through year two. The basic venture of Fresin Fries to offer its buyers with an esteem driven, delight feels through the advancement of its originators. This essay explains this fast food business plan by using the Timmons model framework and creates the plan for the implementation for the entrepreneur and team. According to Barringer, (2012), the main objective of Fresin Fries fast food restaurant is to be successful among the best fast food outlets in South Africa by beginning with one retail outlet set inside a noteworthy strip mall as a market analyzer. Fresin Fries will attempt to be a primary adjacent fast food check in the area business focus. The organization needs their clients to have the total experience while setting off to the outlets and online as they will locate this enthralling new standard culture. Restuarant will offer from pre-bundled sauces and shirts, potato cutters, all with association official brand associated with them. The fundamental centralization of Fresin Fries fast food eatery will serve incredible nourishment at a more noteworthy esteem. The Timmons model of Fresin Fries business inspects the opportunities, groups, and the assets as the principle three troublesome variables which are available to an entrepreneur of Fresin Fries and maintain that victory is based on the capability of the entrepreneur to keep up the harmony between these three hard elements. According to Bridge O'Neill (2012), the business plan of Fresin Fries fast food gives the language and code for conveying the nature of the three working powers in setting up their strategy for success in the market. Enterprise learning tries to decrease the danger of business disappointment while making new open doors in the commercial center and the Timmons display impact the adjust of chances, assets and business entrepreneurs in charge of performance. According to Caiazza et al. (2014), Timmons framework and determines these three important factors which is consider imperative in the success of Fresin Fries fast food business. A good plan is not essentially a favorable business opportunity and the underlying market requirements that identify the capacity of the plan. A business plan Fresin Fries fast food becomes effective only when it stays associated with items or administrations that manufacture or increase the value of shoppers and stays creative, solid and in an auspicious way. Openings are essential than the ability or capacities of lead business person and the workforce in light of the fact that a correct open door decides and guarantee the long-term achievement of the business (Chell, 2013). The two fundamental keys to the group of the open door factor are staying away from the hazard and vagueness of the open door by including innovativeness and offering administration to deal with the accessible resources in the most practical way by associating with outer powers and the capital market setting that keeps modification same. Fresin Fries can consider the broaden the scope of fast food restaurant by opening up a restaurant network in the city first and then look to expand in areas outside the city. The entrepreneur can begin online services as well as so that company can reach out those who are not able to reach the restaurant. According to Chen Elston (2013), the entrepreneur can also consider renovating the current restaurant or open another new restaurant to a more elegant range where entrepreneur will take into account the necessities of an alternate customer gathering. The second factor is the resource requirement which states that when an individual intends to start another business, he ought to likewise assess different assets that will be requested keeping in mind the end goal to make and maintain the business. A startup is constantly obscure of its future, hence a business visionary attempts to keep the hidden overhead cost as low as would be judicious and tries to advance efficiency. The resources requirements in the business plan of Fresin Food fast food restaurant are financial resources, human resources, physical resources and emotional resources. According to Fillis Rentschler (2010), the financial resource is an essential component in starting a business which requires funding. The financial resources of Fresin fries can be acquired from several sources such as loan and credit from financial institutions, friends, and private investors. The physical resource includes a proper workplace, working environment and proper information system and viable marketing channels of Fresin fries. The emotional resources include a support team that can provide motivation and direction as required for the entrepreneur. The last factor of the Timmons framework is the management team and entrepreneur which states that an entrepreneur is the main dynamic power that setup together every one of the parts of the entrepreneurial procedure. he fundamental business categories of sales and marketing, management, and production also have the capability to meet the customer requirements in a well-efficient way. The entrepreneur of Fresin fries must be skilled to assemble the best ability in the wake of deciding the open door and social occasion required assets. A good team of Fresin Fries restaurant can help the business to achieve success in the future. A good team can uncover a high capacity with an opportunity and handle the stress related to the development of the business (Hui-Chen et al, 2014). The next part of the essay explains the business ideas and its implementation for the Fresin Fries fast food restaurant. According to Klapper Love (2011), to attract the customers to attempt eatery fries, the restaurant will offer a decent kitchen, with the objective that people will look how business concentrated on freshness in the things. The fundamental business thoughts that can be executed for the Fresin fries fast food eatery are aggressive limit which offers novel diving sauces mix adjacent taste and all around into one blend recipe for the stamp sauce, excited and pleasant agents, supporting stock things that help association's photo building, fries are made of 100 percent new potatoes, not in any way like the solidified fries utilized by contenders and creative building will position association at an equivalent stage with outside fast food franchises. The next business idea that can be implemented for Fresin fries fast food restaurant is to focus on its marketing techniques. The entrepreneur of Fresin fries makes a strategy which depends on serving the market well. The company will begin its to begin with the outlet as a market analyzer that could transform into a flawless of the intensifying number of outlets later on.s The principle focus is on keeping up great quality and building an effective personality in the market. According to Lee et al. (2016), a blend of nearby media and local store promoting projects will be utilized as a part of each range. Neighborhood store advancing is best, trailed by print promotion. By giving a fun and vivacious condition with splendid quality at an adequate cost in a perfect outlet, the company attracts its customers towards their product. Thus, the performance of the company concepts is the most difficult component of the business plan. The entrepreneur will effectively establish company brand through the selling materials such as stock, promoting tools and advertisement like those of other fast food establishments. Alternate business thought of the estimating system of Fresin Fries is arranged as non-specific which infers that S$4.00 is the common purchaser spending for a snack or light lunch in South Africa (Morris et al., 2013). Using the volume of fries, Italian pop, and stamp style sauces to be sold, business is serving the greater part of South Africans. The thoughts for mark challenge also assume a vital part in the making another business thought. Fresin Fries must set up an unmistakable brand to rise up out of the other Western-style fast food members. The principle logo of Fresin fries is particular as fresh, new and vivacious which is fun and simple to recall and eager and lighthearted with shading sections that are engaging. Thing names are proposed for the target advertises with the thing, such as "Frenzy Fresin" and "Uber Fresin". The positioning business idea of Fresin Fries concentrates in promoting in order to enhance consumer awareness of the encompassing condition. Fresin Fries will control the greater part of the business strategies and plans towards the target of portraying our identity and what we are about Fresin fries will value its items sensible, give top-quality nourishment, and assess the idea with the goal that value of-mouth will be business key promoting segment. According to Oosterbeek et al. (2010), the last business thought for Fresin Fries is the showcasing plans which are vital for any new business. Fresin Fries convey three differing promoting systems to assemble client consideration regarding Fresin Fries. The most imperative basic system will be a verbal trade and in-store progressing. This will be by a wide the slightest costly and best of Fresin fries advancing projects on account of the high improvement in centered shopping ranges. The second procedure will be neighborhood store progressing. These will be low-spending musings that will give gather support and commonality with the business office. The last propelling effort will use nearby media. This will be the most costly, as this procedure will be used sparingly as a supplement where essential. According to Schaper et al. (2014), a good entrepreneur can lead to great success of the business in the future with an effective team management. Every new start-up business entrepreneur has an enormous amount to get the things done which are continuously outrunning the activities. In other words, there are key factors which have to be present in an entrepreneur in setting-up a new business plan. According to Shepherd Patzelt (2011), the factors which have to be required in the entrepreneur of Fresin Fries are that he should have a long image planning for their business idea. He should be able to concentrate on the important objective of their business plan while remaining adaptable and altering their business plans on the way to achieving those objectives. The second factor required in entrepreneurs is inquiring about and selling which states a good entrepreneur should be continually offering the story of their vision as well as investigating how it should evolve (Szirmai et al., 2011). The third requirement is the execution which demands that the best entrepreneurs execute third dreams by setting up the correct measurements by which to measure their business success then religiously monitoring them. The entrepreneur must have the potential to clearly organize their plans, and the ideas in order to achieve common objectives. They motivate communication between different stages and levels. The successful entrepreneur leader has a clear vision. He should be able to understand where he wants to go and how to reach that position. On the other hand, a good team also helps the entrepreneur to achieve the success related to the business growth. A good coordination between the entrepreneur and an effective teamwork help the business to expand its activities in a more suitable manner. An effective team management gives some specific skills and abilities which encourage team members to move in a right direction. A strong team is the basis of high-execution business and good team morals can be organized largely accountable for the success and smooth running of the organization. The team management of Fresin fries can communicate with each other, sharing their plans, ideas with members of their team for keeping the record of success and perform efficiently on tasks. The main benefits of having a team for the business are that they contribute their share of the work and completely understand their roles and duties in the business. According to Teece (2010), financial planning is the task of identifying how a business will afford to gain its strategic objectives and mission. The projected initial investment of this business plan $20,000,000 and the estimated income statement of this business was calculated below. The real value of making a business strategy is not in having the finished product rather than the values lies during the procedure of investigating and considering business efficiently. Financially related measurements have been the standard for surveying a company's execution (Zeng et al., 2011). The projected financial statement French Fries business plan in South Africa: Projected Profit and Loss statement of Fresin Fries 2016 Sales $15,950, 000 Miscellaneous income $200,000 A. Total $16,500,000 B. Cost of Sales $10,497,500 C. Gross Profit (A-B) $5,652,500 D. Operating Expenses Salary $2,500,000 Rent $500,000 Insurance $10,000 Depreciation $20,000 Marketing $300,000 Maintenance Repairs $50,000 Other $100,000 Total $3,480,000 Operating profit $2,172,500 Less: Interest $200,000 Profit before tax $1,972,500 Less: Tax @ 30% $591,750 Net Profit AT $1,380,750 From the above essay, it has been concluded that entrepreneurship is the dynamic procedure of making incremental wealth and improving things of values that have a bearing on the welfare of an entrepreneur. This essay creates a new business plan for Fresin Fries fast food restaurant in South Africa. The essay creates new business plans for Fresin Fries by using the Timmons framework which considers opportunities, groups, and assets as the three hard elements accessible to a business person. The essay also describes the various business ideas and its implementation for Fresin Fries with the motive to set-up business successfully in the market. 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