Analysis Of Michael Lewiss Liar Poker - 1467 Words

Financial journalist and New York Times best seller, Michael Lewis is the author of many published books on various subjects ranging from politics to Wall Street. 2008 global financial meltdown with the build-up the housing and credit bubble during the 2000s are the main topics of some of his best sellers’ books: â€Å"Flash Boys†, â€Å"The Big Short†, and â€Å"Boomerang†. Rare storyteller’s ability to make the virtually any subject, lucid and compelling is the main reason of his popularity. He received an MSc in economics from the London School of Economics. After graduation, he worked for three years as an investment banker for Salomon Brothers before leaving to write his first book. Liar s Poker was based partially on his own experience at Solomon Brothers. His most current work includes columnist writing for â€Å"Bloomberg News† as well as contributing writer for â€Å"Vanity Fair† magazine. His freelance articles were published in â€Å"The New York Times† Magazine, â€Å"The New Yorker†, â€Å"Gourmet†, â€Å"Slate†, â€Å"Sports Illustrated†, â€Å"Foreign Affairs†, and â€Å"Poetry Magazine†. Mr. Lewis worked as editor and columnist for the British Weekly â€Å"The Spectator† and for â€Å"The New Republic†as senior editor and campaign correspondent. Mr. Lewis gained experience in television. For ABC-TV’s â€Å"Nightline;† he filmed and narrated short pieces. For British Broadcasting Corporation, he created and presented a four-part documentary on the social consequences of the internet. Recently Mr. Lewis recorded stories for the

Summary of Product Characteristics and Classifications

CHAPTER 12 ::: SETTING PRODUCT STRATEGY SUMMARY ::: Product Characteristics and Classifications Product Levels: The Customer Value Hierarchy The marketer needs to address five product levels. Each level adds more customer value, and five constitute a Customer value hierarchy. Core benefit: It is the fundamental level. It is the benefit the customer is really buying. Basic product: The marketer has to turn the core benefit in to the basic product. Expected product: A set of attributes and conditions buyers normally expect when they purchase this product. Augmented product: The product that exceeds customer expectations. Potential product: It encompasses all the possible augmentations and transformations the product or offering might†¦show more content†¦Ã¢â‚¬ ¢ The consistency of the product mix refers to how closely relate the various product lines are in end use, production requirements, distribution channels, or some other way. Product-Line analysis: Companies normally develop a basic platform and modules that can be added to meet different customer requirements. This modular approach enables the company to offer variety while lowering production costs. Product line managers need to know the sales and profits of each item in their line in order to determine which items to build, maintain, harvest, or divest. They also need to understand each product line’s market profile. Sales and Profits: Every company’s product portfolio contains products with different margins. A company can classify its products into four types that yield different gross margins depending on sales volume and promotion. They are core product, staples, specialties, convenience items. Market Profile: The product line manger must review how the line is positioned against competitor’s lines. The product map must be developed which reveals possible locations for new items. It also identifies market segments. 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Contemporary China Essay Example For Students

Contemporary China Essay Contemporary ChinaThe Republic of China has undergone many dramatic changes within a relatively short period of time. After centuries operating in the relative stability of Confucian ideals and tradition, Chinese society has been bombarded by the inflow of western ideals and commercialism. In his book Streetlife China, Michael Dutton makes observations concerning contemporary Chinese society and discusses the problems and advantages rapid economic development has brought upon China. Dutton’s view on contemporary China is that of a society whose historical ideology contradicts the product of a capitalistic society. Dutton believes that Chinese society is conflicted between traditional ideals and modern desires. The mind-set and life goals of Chinese individuals are changing with modernization, and Chinese society as a whole has been overwhelmed and unable to handle the rapid transition it is undergoing. Dutton uses many vivid observations of everyday life in modern day China, t o support his views. Dutton begins his writing by discussing the idea of human rights. He states, â€Å"It is true that, traditionally, the concept of human rights did not exist in China.† (Dutton, 23). He explains that this was not to say that human rights were ignored. This is not the result of years of repression that has made it impossible to practice human rights, but quite the contrary, the spirit of traditional Chinese society makes the idea of guaranteed human rights unnecessary. â€Å"I think that the humanitarian and harmonious spirit that human rights embodies was not only present in traditional Chinese society, but that it was quite bountiful. If anything was lacking, it was the spirit of a rule of law,† (Dutton 24). Chinese culture traditionally stressed kindness and selflessness. It was considered moral and commendable to have other’s best interest at heart. In order to gain respect within the community and the family, one in traditional Chinese society would strive to maintain harmony in interpersonal relationships. . Traditional Chinese society stressed great importance to relations within the family and community. Every body had a role within the community and family. It was considered the duty of every individual to fulfill their role in order to benefit others. â€Å"Every person’s character was defined by their social relations, moreover the individual belonged to and served the collective,† (Dutton, 29). An example of such relations is given in the case of the Chinese work units. The work unit serves as a family in the workplace. In many ways it is as restrictive as a family in that you have little choice in which work unit you join and you cannot switch work units or move up within one. However people find solace in them because it is like a family and one feels a sense of belonging which is necessary in a society that functions through people’s desires to help others. For Chinese, the work unit is their very own big r ound table. People care for and love their fellow worker; they are no longer friendless and wretched since they are always surrounded by those they know. Dutton claims in such a society could not function if the individuals were preoccupied by ideas of human rights. With the beginning of foreign trade in the Qing dynasty, the Chinese were wary of foreign ideologies and felt it was important to maintain China’s identity. The leaders of China felt it was necessary to trade with and accept the technology of the foreigners in order to strengthen China. At the same time they did not want the inflow of Western ideals and wanted to maintain their culture. As a result contact with foreign countries were restricted and China has historically been a rather reclusive nation. However the gradual (and more recently, rapid) inflow of western ideas have changed the landscape of China. â€Å"Gone are the traditional traders old These days, the flow of traffic in Qianmen is heading the other way. Consumers in their tens of thousands gravitate to Qianmen and its surrounds, and it is they who constitute the traffic in the busy and over-crowded streets,† (Dutton, 1). The inflow of western ideas have made it in many cases impossible for China to mainta in its traditional identity and not only changed its landscape but also the mind-set of its society. .ufd38cd5bb5709fb36f5984bdd017fd3e , .ufd38cd5bb5709fb36f5984bdd017fd3e .postImageUrl , .ufd38cd5bb5709fb36f5984bdd017fd3e .centered-text-area { min-height: 80px; position: relative; } .ufd38cd5bb5709fb36f5984bdd017fd3e , .ufd38cd5bb5709fb36f5984bdd017fd3e:hover , .ufd38cd5bb5709fb36f5984bdd017fd3e:visited , .ufd38cd5bb5709fb36f5984bdd017fd3e:active { border:0!important; } .ufd38cd5bb5709fb36f5984bdd017fd3e .clearfix:after { content: ""; display: table; clear: both; } .ufd38cd5bb5709fb36f5984bdd017fd3e { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ufd38cd5bb5709fb36f5984bdd017fd3e:active , .ufd38cd5bb5709fb36f5984bdd017fd3e:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ufd38cd5bb5709fb36f5984bdd017fd3e .centered-text-area { width: 100%; position: relative ; } .ufd38cd5bb5709fb36f5984bdd017fd3e .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ufd38cd5bb5709fb36f5984bdd017fd3e .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ufd38cd5bb5709fb36f5984bdd017fd3e .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ufd38cd5bb5709fb36f5984bdd017fd3e:hover .ctaButton { background-color: #34495E!important; } .ufd38cd5bb5709fb36f5984bdd017fd3e .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ufd38cd5bb5709fb36f5984bdd017fd3e .ufd38cd5bb5709fb36f5984bdd017fd3e-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ufd38cd5bb5709fb36f5984bdd017fd3e:after { content: ""; display: block; clear: both; } READ: Antonin Scalia EssayThe rapid commercialization of contemporary China has proven incompatible with traditional Chinese culture. The desire to consume, to gain more capital, to improve one’s position in life has replaced the traditional desire to maintain filial piety and fulfill one’s role in society. â€Å"Because the traditional conception of self is so dim, it is only within a life built around human inter-relationships that Chinese people feel comfortable. From the traditional Chinese perspective individuality is invariably a pejorative term,† (Dutton, 46). With the coming commercialization and Western ideas, the foundation of Chinese society, the desire to contribute to the society, the desire to be selfless, and find comfort in others is becoming obsolete. Ironically, with the coming of western culture, the idea of human rights in practice is being encroached upon, as the traditional Chinese society is not compatible to the individual demand for human rights. . The commercialization of Chinese society has brought about a new class of citizens. Traditionally Chinese citizens have been tied to their land. Benefits from the government were received according to where you resided. People living in a city received greater benefits than those living in the country. Also citizens in rural areas were considered of less stature due to the benefits received and general level of education. The standards of living were significantly better in the cities. With commercialization in the cities more and more people from the rural areas of China began migrating to the cities in hopes to make money and better their status in life.. Once in t he cities, many of these migrants turn to a life of crime. In general they are considered â€Å"vagrants† and â€Å" hooligans†, (Dutton, 63). Dutton comments, â€Å"The deteriorating security situation in contemporary China has important lessons and offers some previously unknown challenges to the law in the People’s Republic. The economic reform process has inadvertently led to a crime wave,† (Dutton, 68). These migrants come to the city oftentimes live in horrible conditions in hopes to achieve wealth and status. When they do not find it, many migrants feel they have nothing to lose, so they turn to a life of crime in their desire to consume. â€Å"When peasants first enter the city, all they can do is feel envious, inferior and impatient. This even reaches the point where they develop a hate complex. This complex not only prevents them from gradually entering into city life, but can even lead them into crime,† (Dutton, 87). This mentality is a far cry from the traditional Confucian notion of filial piety. The Chinese government has tried many methods to control the migration to the city and the resulting crime. Severe penalties were levied to offenders of serious crimes. Identity cards were issued to all citizens of China in order to establish place of residency of each individual citizen. Many non-legal residents of cities were expelled from the city. Higher taxes were levied to residents of urban areas. (Dutton, 80-140). However the peasants still came in droves to try to improve their station in life and become a part of the consumer world. The westernization of China has brought about significant change in Chinese society. Michael Dutton paints a poignant picture of contemporary Chinese society, a society still very much rooted in old traditions struggling to incorporate commercialism into their culture. Contemporary Chinese society still faces many problems due to the innate contradiction of their traditional values and the ideology of a consumer driven society. BibliographyMichael Dutton, Streetlife ChinaSociology Essays

Law Intellectual Property Rights

Pharmaceutical industries use intellectual property rights to ensure that they protect their products against counterfeits and recover the inputs that they incurred in the research stages. Precisely, these industries use the industrial property (IP) rights, a category of intellectual property rights, to meet their demands. The managers, in these industries, should recognize the industrial dynamism.Advertising We will write a custom assessment sample on Law: Intellectual Property Rights specifically for you for only $16.05 $11/page Learn More Through this, these organizations will be able to understand the proceedings and regulatory trends, and the impacts on their sector. In addition, in the pharmaceutical industries, cases of drug theft and other facilities from the warehouse, errors and omissions, and drug counterfeits have been rampant. The managers should know the sources of their threats; therefore, enabling them to take necessary steps to avert or minimize their occurrences. Additionally, these managers ought to be aware of the patenting rights, as this will help to protect their trade secrets. Since employees are constantly moving from one company to another, managers must outline legal measures that guide the organization’s trade secrets. Therefore, the risk managers in order to protect their properties, they can device a regularly scheduled maintenance plan to monitor their tangible properties. The passing of Sarbanes-Oxley Act of 2002 made several changes in the overall management of firms. For instance, the act had increased the premiums and stripped off covers protecting the directors and officers. Concurrently, the Directors’ and Officers’ liability insurance (DO) did not indemnify the directors in cases involving the firm. Consequently, the directors solely bore the financial burden, thus, putting their assets at risk. Notably, if a director is found guilty in a fraudulent case, an insurer recover s the defense cost they had incurred. Since the company’s’ operations have been more transparent, then before the adoption of the act, the shareholders are more involved in the daily business activities. The shareholders act as activist. Therefore, they have authority to institute any legal proceedings if they feel that the organization is engaging in unethical practices. External auditors help to monitor the accuracy and accountability of the managers.Advertising Looking for assessment on intellectual property? Let's see if we can help you! Get your first paper with 15% OFF Learn More Explicitly, the fall of Enron in 2000 was due to the collusion between the internal auditors to give wrong report to the public. For example, it built a power plant and immediately recorded profits on its accounts but, in reality, it had not made any profit. Firms have to comply with regulatory requirements in their daily operations. For example, in the chemical industries, they must comply with the following regulations: registration, restriction, authorization, and evaluation of chemicals. If the industries have an unusual use for a chemical, they should avail the details of the usage to their suppliers. However, if the information may negatively affect their reputation, the industries must do their own chemical safety assessment. Additionally, a permit or exemption is needed if the chemical industries are to store waste. This they obtain from the Environment Agency. On the other hand, a waste exemption can cover the industries if the waste storage is considerably posing a low risk. For instance, the industries can store a fixed mass of waste products for research or trials. In sports and recreation departments, there are some legal liabilities, such as occupiers and vicarious liabilities. Occupier’s liability arises when injuries occur to a person when using an organization’s faulty equipment. The owner becomes liable for the injuries . However, vicarious liability occurs when an organization becomes liable due to negligent actions of their employees. For example, a person gets hurt due to an instructor’s negligence. As the director, I will ensure that the equipment meets the standards that the International Sports body requires. In addition, I will ensure that the employment policy is strictly adhered to, such that only qualified people get the job. This assessment on Law: Intellectual Property Rights was written and submitted by user Marshall Phelps to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Bio animals essays

Bio animals essays 1.) Chordates are animals that posses a notochord, a hollow dorsal nerve cord, and pharyngeal slits at some point in its development. 2.) Vertebrates have a backbone, an endoskeleton, or skeleton on the inside of the body, a large brain in a skull, a large brain in a skull, an advanced nervous system. A complex heart and circulatory system, a special kind of outer covering, one or two pairs of appendages. 3.) The five classes of a vertebrate are the fish, amphibian, reptile, bird, and mammal classes. 4.) Lampreys are parasites. They have a circular mouth with teeth on their tongues, which they use to attach themselves to another fishs body. When they attach to the fishes(host) they scrap away at the skin with their large teeth and a strong, rasping tongue. They then suck up the tissues and the body fluids of the fish(host). They are not true fishes because they have no bones what so ever. They are the only vertebrates that do not have backbone as adults. 5.) Sharks are not true fish because they do not have scales or bones in their skeleton. The also do not have a flap of skin covering their gills as some other fishes do. Sharks just have five to seven rows of slits. 6.) Cartilage is a tough tissue that bends easily. 7.) A shark must keep swimming all the time to keep water flowing across its gills to enable it to breathe. 8.) True fishes have a bony skeleton and are covered with scales. Bony fish are what people commonly call fish. Some characteristics of true fish are skeleton of bones covered with scales, fins for swimming, gills for breathing, two-chambered heart, cold-blooded. 9.) Some fish have a swim bladder, a gas filled bag that enable them to go from shallow to deep water. 10.) Fish obtain oxygen by gulping water and passing the water over their gills. And the gills absorb the oxygen from the water, and the water is passed, by osmosis to the blood vessel. 11.) Cold-blooded mean their body tem ...

The injustice of Frankensteins actions Essays

The injustice of Frankensteins actions Essays The injustice of Frankensteins actions Paper The injustice of Frankensteins actions Paper Contained in the novel, Frankenstein, by Mary Shelly, is the twisted substance of greed, the character Victor Frankenstein portrays the element of control. Felling the need for this he builds an entirely new breed of creature, without thinking much for the consequences. During the time in which this novel was written, there was a great surge in the realms of science. Many new discoveries were made and scientists were taking more and more dangerous risks in the hope of opening the door on the unknown. In my view, Shelly had written this novel as more of a warning than a story. I believe that she was trying to impose responsibility upon the scientists for what it was they were meddling with and also to try and persuade them to think before they act. Shelly demonstrates these emotions through two characters, Frankenstein and the creation. Each character gets the opportunity to express their feelings and tell their stories in the novel. The first character that has the opportunity to tell their story is Frankenstein, in chapter 5. Shelly sets the scene with close attention to the weather, It was on a dreary night of November here Shelly is using pathetic fallacy to reflect the mood. The same is evident in chapter 11, when the creature is telling his story, It was dark when I awoke; I felt cold also These descriptions of the weather and the environment around them reflect their moods. Frankenstein feels worn down and tired as is reflected by Shellys use of the word dreary. The creature on the other hand feels cold and alone as reflected by dark and cold. This contrast shows us a big difference in their relationship. Frankenstein remembers the night as being tiring and an effort, the creature however feels a child-like sense of isolation, as if he was without love or companion, this is adverse to practical thought, one would normally perceive that Frankenstein would adore and love his creation after all the effort and hard work he had gone through to create him. Frankenstein spends much of chapter 5 talking about himself and only himself, I rushed out of the room, I had desired it, I had finished and I had created. The vast majority of his story begins each sentence with the personal pronoun, I. This gives us the impression that he is very self obsessed and does not give much thought to other events happening around him, in particular the creature. He describes the creature, How can I describe my emotions at this catastrophe but he never gives any thought to mortality or the aesthetics of the creature or the responsibility it will impose upon him. It is as if he feels the creature will owe him a life time of gratitude and service and that the creature will be his possession to command, this relates back to Frankensteins craving for power. This is much the contrary to the creatures account; he spends the bulk of chapter 11 describing his surroundings and what is going on around him. I gazed with a kind of wonder despite he still uses the pronoun, I in this quotation, he is describing the world around him and is not describing himself. It is also filling the creature with joy, much unlike the when Frankenstein describes the creature, His yellow skin scarcely covered the work of muscles and arteries beneath. One obvious similarity between the two chapters is that both characters are aiming to persuade and both use persuasive language as much as possible. Frankenstein uses it to justify his actions, Oh! No mortal could support the horror of that countenance whereas the creature uses it to provoke sympathy, poor, helpless, miserable wretch and I sat down and wept.

Western European music Assignment Example | Topics and Well Written Essays - 750 words

Western European music - Assignment Example The compositions made during this time normally consisted of three or four movements, and all of them had their own particular features. Corelli took over the art of San Petronio directly whilst he was staying in Bologna for four years. The sonatas he wrote were for violin. Besides, he also wrote sonatas called sonate a tre (trio sonatas) which had two violins as well as organ for the church. There was also a violone, called a double bass in contemporary terms, or a harpsichord from the chamber. After the sonatas took place the development of concertos.Corelli himself wrote the first concerti grossitogether with Torelli. Vivaldi wrote the concertos later, one being The Four Seasons, composed in 1723. This is termed as Vivaldi’s best work and lies among the most famous Baroque music.The Four Seasonsis made up of four violin concertos and every concerto has a different texture, corresponding to the respective season.When Vivaldi wrote The Four Seasons there had not been the development of modern solo form of concerto. And thus, this composition had basically solo violin, string quartet and basso continuo which together defined it. Orchestral Suites were composed by Johann Sebastian Bach and are made up ofseveral compositions. These suites are also called overtures which are opening movementswherein there is a part of slow dotted note rhythm after which comes a fugue. The instruments used for thesecompositions were oboe, bassoon, violin, viola, and basso continuo. Through his orchestral suites Bach provided amazing pieces and these are great examples of the composer’s innovative mastery of the several types of dances which had been extremely famous in the European courts during the 18th century. Suite No. 1 is inC major. After the previous sequence ends and before this one begins there takes place kind of a quiet pause in the action. Pifa is known as the pastoral symphony and it allows for a quiet