Tuesday, August 6, 2019

Renewable Energy Essay Example for Free

Renewable Energy Essay Climate change is one of significant issues that have been considered in recent years. According to Anderson (2009), most climate researchers recognise it is essential to reduce 80 percent of global greenhouse gas (GHG) emissions by 2050 to prohibit effects of climate change. Furthermore, carbon dioxide (CO2) is one of the most important causes to produce GHG which is combusted from heating, transportation and electricity generated by fossil fuels. However, one of the solutions for reducing CO2 emissions is using renewable energy to replace fossil fuel. In addition, renewable energy is generated by natural resources such as sunlight, wind and biomass which produce less or no pollution when generate energy. Furthermore, renewable energy will be demanded for approximately half of the worldwide electricity supplies to reduce CO2 emissions by 2050, which it is estimated by The International Energy Agency (Cited in Shi 2010). This essay will focus on two forms of renewable energies which are solar power and biofuels. Firstly, solar energy has been widely used to generate heat and electricity recently. Moreover, it will show the benefits and also point out some drawbacks of solar energy. After that, the discussion will describe the second form of widespread renewable energy in the transport sector which is biofuels. Finally, it will reveal advantages and a disadvantage of this energy. This essay argues that renewable energies, which are solar power and biofuels have been extensively utilised in recent years. Furthermore, they have more advantages than disadvantages. Solar Energy The sun is the largest source of energy, which is transformed to solar power for generating heat and electricity and has been widely used in recent years. According to European Union (2011), there are several applications to use solar energy for heating such as hot water at home, heating in factory and building and swimming pool. In addition, a cooling system also uses solar energy as heat absorption system to generate air conditioning and cooling system in refrigerator. Moreover, this kind of energy can be transformed to generate electricity by two ways. First of all, Prasad Bansal (2011) state that electricity is converted directly from light by Photovoltaic (PV) via semiconducting materials, whose basic composition is solar cells. Furthermore, Concentrating Solar Power (CSP) is another way to generate electricity, in which parabolic solar tower focuses the light to be used for a single point heating, and then produces steam to impel a turbine (European Union 2011). However, PV and CSP can collect electricity in the different ways. PV plants store the energy by connects to batteries, or sent to the electricity grid. On the other hand, CSP system can store heat by itself. Therefore, this power can be generated during the absence of sunlight during the day and night time (European Union 2011). Although there are many reasons for using solar energy, there are some reasons against the use of this kind of energy such as limited condition and the high cost. Firstly, the most significant problem of solar power supply is this energy is not available during the absence of sunlight (especially at night). Furthermore, in winter that often has cloud cover, there are only a low amount of solar power is available (Lakatos, Hevessy Kovacs 2011). However, this issue can be overcome with the use of CHP as it can store the power by itself. Therefore, it can be used during the absence of sunlight. In addition, thin film photovoltaic (PV) power is another solution of the places that have cloud cover. According to Blakeslee (2012), there are three layers in thin film PV for covering a wider spectrum of light. Thus, the light is scattered in all directions by clouds more than usually block it. Secondly, another disadvantage of solar is the high cost is considered as another obstacle of solar energy. As he states that, â€Å"A recent NYU study found the following actual 2005 costs in cents/kWh: Geothermal 3.1-4.3 Biofuels Energy Another widespread renewable energy is biofuel which has been developed to use instead of fossil fuels in the transport sector. There are two principle forms of ‘biofuels’ which are biodiesel and bioethanol. First of all, most of biodiesel is created from oil which is produced by oleaginous plants such as sunflower, rapeseed and palm by reacting with methanol (European Union 2011). Moreover, the viscosity of these oils decreases when they are heated. In addition, Adelekan (2012) points out that these oils can be transformed directly to a diesel engine when they burn, or they can be generated to produce fuels as biodiesel by chemical process. Another form of biofuel is bioethanol or ethyl alcohol which is burned easily to produce a flame, which is generated by distilling products from the sugars and maize when they are fermented such as sugar beet, cereals, sugar cane or biomass (Ortiz et al. 2011). In many countries, there are an increasing number to use bioethanol as ga sohol or oxygenate in gasoline. In addition, bioethanol is elementary to process and manufacture (Adelekan 2012). As well as solar power, using biofuel also brings some disadvantages such as an impact on demand for food. According to Habibah (cited in Adelekan 2012), A huge demand for crops, sugar and oleaginous plants might be impacted from the demand for biofuels which will be result for an increasing cost of food price, increasing level of poverty and food insecurity problem. In addition, biofuels are enemy for agricultural land that would have been used for growing food crops despite being used for growing energy crops now (Adelekan 2012). Therefore, the number of lands for agriculture would be decreased that would have an effect on shortage of food. However, if the government launches the policy of regulation to use agriculture land for growing energy crops, this issue would be overcome. Conclusion In conclusion, there are several significant benefits in the use of renewable energies which are solar power and biofuels to be utilised for replacing fossil fuels. As can be seen in the discussion above, solar energy can be transformed to generate heat and electricity with Photovoltaic and Concentrating Solar Power. In addition, biofuels, another renewable energy can be used in transport sector to replace fossil fuels such as biodiesel and bioethanol. However, although there are some disadvantages of both kinds of energy, their effectiveness is greater. In addition, these obstacles could be overcome in the near future. Therefore, the use of these renewable energies could be the essential alternative way to reduce CO2 emissions for the solution of climate change.

Monday, August 5, 2019

Comparison of CAPM Model and APM

Comparison of CAPM Model and APM Title: Is the CAPM model a better asset-pricing model than the APM (arbitrage pricing model)? The following is a brief literature overview and literature review of the economics books and journal articles used in the writing of this dissertation. The dissertation’s objective was to evaluate the relative strengths of the Capital Asset Pricing Model (CAPM) as a pricing model, when it is compared to the most viable alternative, the Arbitrage Pricing Theory model. Various factors and influences that impact upon the pricing of certain goods and products, specifically oil -based products, as will be demonstrated in the dissertation is actually or potentially able to affect both these models and their relative effectiveness. The literature mentioned here was used to research and understand the concepts that underpin the CAPM and APT models, such as minimising the risk of loses and maximising the prospects of handsome profits from financial investments. The objective of these models is to be the most effective predictors of risks, changes, success, or failure. This literature review is a summary of the merits and the usefulness of the sources used during the research and completion of my dissertation; all views expressed below are my own. Sharpe, Alexander, and Bailey in their book ‘Investment’ provide useful background information with regard to the economic theories relating to the comparative merits of the CAPM and APT pricing models. The main points that Sharpe, Alexander, and Bailey make that is of relevance to the dissertation was about the origins of the CAPM which economists developed as a variant of the APT price modelling theories. They point out that the main difference between the two models is that the CAPM pricing model considers a single factor (the market portfolio), whilst the APT model considers a few factors such as financial risks, future prospects, and the causes of inflation. The usefulness of each model can depend upon the depth of research needed and the scope of the analysis that is required. If a limited study is all that is needed then CAPM is probably the best option, if a more extensive study is needed then APT is more likely to be a better option. The basic assumption of Shar pe, Alexander, and Bailey is that each model has it own strengths and weaknesses, which means that the effectiveness of each model can vary greatly due to variations within the market portfolio. Fluctuations and market trends are probably the best means of demonstrating that the two models work properly or if they do not (Sharpe et al, 1995). Sharpe, Alexander, and Bailey was a helpful source to use for this dissertation as they put forward the influences that affect pricing decisions, and the perspective profits of any company. Amongst these influences are the industrial growth rate, the rate of price inflation, variations in the short or long time interest rates, and the performance of financial bonds. Pricing models are needed to predict risks due to the variation in all those factors or influences which can make all the difference between a sound financial investment and, a disastrous financial investment. Sharpe, Alexander, and Bailey help to explain how a company’s rate of growth just like that of its competitors can be highly dependent upon price fluctuations in commodities such as crude oil and natural gas, as well as whether those increased costs can be recuperated from the company’s customers. Any worthwhile pricing model such as CAPM and APT needs to take inflation and its causes into account. Thi s book is a highly convenient source of information on many different aspects concerning portfolio investments and the theoretical and practical considerations that students and praticioners of financial investments and bond markets would find very useful (Sharpe et al, 1995). Bower, Bower, and Logue’s journal article from the September 1984 issue of the Journal of Finance provided invaluable background information concerning the APT system, and how its linked up with the measurement of the utility stock returns. The article was entitled ‘Arbitrage Pricing Theory and utility stock returns.’ The journal article by Bower, Bower, and Logue contains the formulas that the APT system utilises to analysis the relevant data relating to issues of pricing theories and, allows economists to check upon their accuracy or relevance. The formula that was cited in this journal article was used to analysis the data from the oil companies that was the main research focus for the dissertation, and its results were invaluable for the formulation of conclusions and arguments. Knowing how the formulas of the modelling theories are formed and how effective those formulas are in predicting events, variants, and success or failure cannot be realistically achiev ed without knowing the exact formula that the respective pricing models are based upon. This article not unsurprisingly concentrates upon the strong points that the APT system has to offer in comparison to the CAPM system. Bower, Bower, and Logue are arguably advocates of investors using the APT system ahead of the CAPM pricing theory due to providing more accurate forecasts. Their article is certainly a useful means to further understand how the APT allows a highly accurate prediction of pricing trends, as well as a sound understanding of the variants that can ruin the accuracy of any pricing model if not predicted or evaluated correctly. This article was available online which made it easier to access and is indeed where it was obtained from (Bower et al, 1984). Brennan and Schwartz’s article from the October 1989 issue of the Journal of Businesses, ‘Portfolio and Financial Equilibrium’ was another useful source of information for carrying out the data analysis using both pricing models to allow an accurate and realistic comparison between the CAPM and APT models. This article gave an improved understanding of how the balance of potential profits, investment risks, and loses that can influence the decisions that potential investors make can be formed, changed, and also how they can operate within any given market portfolio, such as leading oil companies like Royal Dutch Shell. As far as Brennan and Schwartz are concerned the key for any pricing theory to be a successful and effective model is being able to point towards the factors, influences, and behaviours that establish or maintain portfolio and financial equilibrium. There may be variants within any given market portfolio yet the most effective pricing theories are t hose models that take into account the actual or potential variants that will alter the market portfolio from time to time. The article discussed the strong points and the weak points of both the CAPM and APT pricing models that helped develop a personal understanding of the differing criteria for assessing which, of the two pricing models was the most cost effective, or reliable. It also assists developing an understanding how accurate predictions of pricing changes or variations in profitability are going to be (Brennan and Schwartz, 1989). Goetzman’s ‘An Introduction to Investment Theory’, is a sound source of information that was used in the dissertation to assist the comparison between the CAPM and APT pricing models. It is a more recent source of information about pricing models than some of the other sources mentioned in this literature review that were used for researching and writing the dissertation. Therefore it was a means of obtaining more up to date academic opinions, arguments, and practical examples of real life changes of market portfolios, investment variants, and the ability to detect, predict, or even avert risks to investments and profitability. Goetzman provides an invaluable insight into the way that investment theory has developed and its comparative strengths and weakness, or whether the best one to use depends on circumstances (Goetzman, 2007). The main use of Terregrossa’s ‘Accounting for Estimation Risk in CAPM-generated forecasts’ for the dissertation was to assist in the formation of the arguments in favour or against the idea that the CAPM pricing model is more or less useful and accurate than the APT model. Terregrossa’s article provides a relevant and easily understandable guide to the estimating of the financial risks that are a component element of the risk profiles and forecasts that are generated by the CAPM pricing theory. Besides describing the way in which the CAPM pricing model estimates investment and business risks the article discusses the theoretical and practical strengths or weaknesses of the risks that are estimated, and whether those risks are realistically forecast. Terregrossa’s article was a highly relevant one for gaining a stronger grasp of how the CAPM pricing theory can be used to forecast changes to the market portfolio. A model that adapts to those predicted changes to enhance profitability and prevent unnecessary risks being taken that damage company performance and investments (Terregrossa, 2004). Cagnetti’s ‘Capital Asset Pricing Model and Arbitrage Pricing Theory in the Italian Stock Market: An Empirical Study’, was a relevant source of information as it is also a comparison of the two pricing models in operation. Whilst the dissertation is primarily aimed towards using oil companies as the basis for the comparison between the CAPM and the APT pricing models. Whilst Cagnetti’s article was based upon a study of the Italian stock market it still provided a useful guide as to the time period of the data to be analysed. It is guide of how to evaluate and analyse the ways in which the two pricing models succeed or fail in predicting market trends and prices as well as noticing when variants can be detrimental or advantageous to the over all market portfolio, or any company’s profitability (Cagnetti, 2002).

Sunday, August 4, 2019

Biography and Work of Guy de Maupassant Essay -- Guy de Maupassant bio

Biography and Work of Guy de Maupassant Guy de Maupassant is acknowledged through the world as one of the masters of the short story; Guy de Maupassant was also the author of a collection of poetry, a volume of plays, three travel journals, six novels, and many chronicles. He produced some three hundred short stories in the single decade from 1880 to 1890; a period during which he produced most of his other works. Five of his six novels were published during the second half of the decade. â€Å"His short fiction has been compared to that of Ivan Turgenev, Anton Chekhov, Edgar Allan Poe, and Henry James.† (Encyclopedia Britanica 1012) Maupassant took as his primary goal the realistic portrayal of everyday life. He wrote about what he knew best, and that is as a peasant of his native home of Normandy, the war of 1870, the lives of government employees and Parisian high society, and his own fears and hallucinations. â€Å"His short stories were seen as masterpieces of economy, clarity, and classical in their formal simplicity, uncommonly varied in their theme was and keenly evocative in their descriptions.† (Marx 303) Guy de Maupassant is otherwise known as Henri Rene Albert, Joseph Prunier, Guy de Valmont, or even Maufrigneuese. He was born on August 5, 1850, in Chateau de Miromesnil, near tourville-sur Argues, Normandy, France. Maupassant, the first child of Laure Le Poittevin and Gustave de Maupassant. Records show a discrepancy as to his birthplace, some scholars maintain it was Decamp, but the official view, supported by his birth certificate, is that he first saw the light of day at the Chateau de Miromesnil. Maupassant died on July 6, 1893, of complications resulting from syphilis, in a sanitarium in Paris. He attend... ... 2000. . 8. Maupassant, Guy de. Nineteenth-Century Literature Criticism. Detroit, Washington, D.C.: Vol.42, Gale Research Inc. 9. Maupassant, Guy de. Short Story Criticism. Detroit, Michigan. Vol. 1, Book Tower. 10. Maupassant, Guy de. The Best Short Stories. Cumberland House, Crib Street, Ware, Hertford shire Wordsworth Editions Limited 1997. 11. "Guy de Maupassant." The Gale Group. Vol. 5, 2 February 1992. 31 OCT. 2000. . 12. Maupassant, Guy de. The Necklace and other Short Stories. Minela, N.Y.: Dover Publications, Inc. 1992. 13. Steegmuller, Francis. "An Overview of the Necklace" The Gale Group. Vol. 1, 1949. 31 OCT. 2000. . 14. Smith, Christopher. "The Necklace: Overview." The Gale Group. Vol. 1, 1994. 31 OCT. 2000. 15. Wallace, Albert H. "Guy de Maupassant: Overview." The Gale Group. Vol.2,1995. 31 OCT. 2000. ,

Saturday, August 3, 2019

Seventh Heaven :: Alice Hoffman Magical Realism Essays

Seventh Heaven Seventh Heaven by Alice Hoffman was published by G.P. Putnam's Sons in 1991. Many characteristics of magical realism were expressed in an excerpt from this novel. From reading this, I have learnt that magic appears to me as being real. My comprehending of this novel was more because or realism. Alice Hoffman's attitude in this book seemed to be that she set it as an example of magical realism and she made the readers curious about what was going to happen next. Hoffman made this book enjoyable so that readers would want to read this book. She had a good attitude toward what she was writing about and how the book was presented. The book consisted of many magical elements. Some of the magical elements in this book were that the crow in Mrs. Olivera's chimney might find a pack of matches, rub them the wrong way, and poof up goes the house in flames (17). I feel that this is something that would never happen. I think it is impossible for a crow to light a match and catch a house on fire. Another magical element was the fact that no one in the neighborhood could tell the houses apart when they were first built and carve out of the potato farms. (10). I don't think that many people would get confused about what house was theirs and what block that it was on. Everyone should know what is theirs. Realistic elements in this book stood out better than the magical elements because I felt that most of the book seemed like everyday life. Realistic elements were that the guys in the neighborhood wanted to get together and renovate Mrs. Olivera's house and to sell it to someone instead of it setting there looking run down (18-19). I think that guys in the community would fix a house to try to help the neighborhood look nice and to keep people from getting hurt. The purpose of the magical elements is to keep the reader tuned into the book. The author tries her best to make the reader experience textualization. She does this by making the book have plenty of realistic elements and throwing in magical element to make the experience different. Magical elements stood out to me the most were when the women in the neighborhood made a big deal about Nora being divorced and how Donna Durgin had never met a divorced person in her entire life (82). Seventh Heaven :: Alice Hoffman Magical Realism Essays Seventh Heaven Seventh Heaven by Alice Hoffman was published by G.P. Putnam's Sons in 1991. Many characteristics of magical realism were expressed in an excerpt from this novel. From reading this, I have learnt that magic appears to me as being real. My comprehending of this novel was more because or realism. Alice Hoffman's attitude in this book seemed to be that she set it as an example of magical realism and she made the readers curious about what was going to happen next. Hoffman made this book enjoyable so that readers would want to read this book. She had a good attitude toward what she was writing about and how the book was presented. The book consisted of many magical elements. Some of the magical elements in this book were that the crow in Mrs. Olivera's chimney might find a pack of matches, rub them the wrong way, and poof up goes the house in flames (17). I feel that this is something that would never happen. I think it is impossible for a crow to light a match and catch a house on fire. Another magical element was the fact that no one in the neighborhood could tell the houses apart when they were first built and carve out of the potato farms. (10). I don't think that many people would get confused about what house was theirs and what block that it was on. Everyone should know what is theirs. Realistic elements in this book stood out better than the magical elements because I felt that most of the book seemed like everyday life. Realistic elements were that the guys in the neighborhood wanted to get together and renovate Mrs. Olivera's house and to sell it to someone instead of it setting there looking run down (18-19). I think that guys in the community would fix a house to try to help the neighborhood look nice and to keep people from getting hurt. The purpose of the magical elements is to keep the reader tuned into the book. The author tries her best to make the reader experience textualization. She does this by making the book have plenty of realistic elements and throwing in magical element to make the experience different. Magical elements stood out to me the most were when the women in the neighborhood made a big deal about Nora being divorced and how Donna Durgin had never met a divorced person in her entire life (82).

Friday, August 2, 2019

Ralphs Leadership in William Golding’s Lord of the Flies Essay

Ralph's Leadership in William Golding’s Lord of the Flies Ralph, the elected leader of the group of British boys in William Golding’s Lord of the Flies, strives to take the civilized society to which he is accustomed and apply it to society on the island on which he and the other boys are stranded. As leader, this task seems simple – tell the other boys what they each need to do and expect them to do it. Ralph fails to realize the difference between the rest of the boys and himself. The world is in the middle of a massive war, a war in which the threat of the atomic bomb looms prominently. In fear of losing all its future fighting force, Britain sends a group of its schoolboys on an airplane to safety. Before reaching its destination, though, an enemy fighter plane shoots down the boys’ plane. The plane crashes into a forest on a remote island and, as a result, the pilots die. This group of schoolboys jumps from a society in which adults direct them to act properly to one in which there is no authoritative figure to give them orders. Back in Britain, adults train the boys to obey them and follow their lead. They act appropriately because of the threat of punishment for disobedience. Even later in the novel, once things begin to fall apart, Golding writes, â€Å"Here, invisible yet strong, was the taboo of the old life. Round the squatting child was the protection of parents and school and policemen and the law† (62). As the story progresses, though the boys go so far as to participate in savage acts such as killing each other, in the end, they realize that they conducted themselves immorally. Stranded on the island with a bunch of boys and no adults, Ralph quickly takes charge and demands the election of a leader of the bo... ...ings a type of closure to the ordeal, and it also shows a realization he had about society, about mankind in general. He has witnessed with his own eyes the evil that comes about as a result of the lack of civilization and the inborn nature to do evil. Golding describes Ralph’s profound crying simply: â€Å"Ralph wept for the end of innocence, the darkness of man’s heart, and the fall through the air of the true, wise friend called Piggy† (202). While nearly all the boys on the island ignore those standards British society has taught them, Ralph does not, and, as leader, tries to apply them to society on the island. Even when everyone else reverts to his inborn evil nature, Ralph sticks with that which is good, that which he learned from British society – civility. Ralph is different than the other boys, and because of that difference, it is only fitting that he cry.

Psycological View of the Movie Groundhog Day

The objective of this paper is to explain the psychological view of the movie, Groundhog Day. The main character of the film is Bill Murray and is directed by Harold Ramis and released in 1993. The movie takes place in the small town of Punxsatawney during the winter season. Although the movie has a very powerful message, I did not like it. Phil (Bill Murray), a weather man for an American TV station, is sent to Punxsatawney to cover a local Groundhog Day ceremony. The very skeptical weatherman regretfully accepts the assignment and travel to the town.Once he makes his report he proceeds to his hotel and goes to bed looking forward to returning home the next day. In an effort to leave the town and any memories relating to the town the weatherman is forced to stay another night due to a snowstorm. After awakening the next morning Phil realizes that it is still Groundhog Day, again and again. After living one day over and over again, Phil meets two drunken guys at a bar. These two guys enlighten Phil on the idea that living the same day over and over would give him a chance to do all the things he ever wanted to do without any consequences.After days of appalling behavior, Phil finally realizes that even those acts will not take away the terrible reality that he seems to never progress in life. He then tries to kill himself, which does not work either. A dramatic twist in the movie happens during a recurring report. The name of the groundhog (Phil), carved in wood, appeared directly about Phil’s, the weatherman, head. This scene seemed to be showing the fact that the weatherman is living a shadow of himself just as the groundhog. The shadow is a way for Phil to see himself a hopefully make a difference.These recurring events bring upon love for Phil and his anchor lady, Rita. He eventually tells her about the returning life events and they decide that she would spend the entire day with him to be an â€Å"objective witness†. They fall asleep in bed together; however, the next morning he awakens, it’s still Groundhog Day and Rita is not in bed with him. Beginning to accept the negativity of his life, Phil begins to turn his negative aspects into more positive ones. After accepting his imperfections, Phil was now able to use his imprisoned energy to find a new strength (care and compassion).He also learns that humans are privileged to be able to improve themselves. The valuable moral of this movie is the journey to awareness. Phil being aware of his imperfections allowed for him to change his behavior, thus move on into a new and more beautiful day. The chapter I think best fits this film is Chapter 10 – Personality. Personality is the complex characteristics that define a person. According to Sigmund Freud, each person has a certain amount of psychological energy that develops into three structures of personality (the id, the ego, and the superego).The id is unconscious and present at birth and come from two insti nctual drives: the life instinct and the death instinct. After discovering his recurring life events, Phil decides to live life to its fullest potential by doing whatever he wanted with the aspect of never having to face any consequences. A while after realizing that his bad actions were getting him no where he decides to try and end his life with numerous attempts including jumping off a tall building. These acts were driven by the pleasure principle which is the motive to obtain pleasure and avoid tension or discomfort.The ego is party conscious and regulates thoughts and behavior and is most in tune with the demands of the external world. Phil finds ways to satisfy whatever desires he wanted in life. For example, he did not want to be bothered by the insurance agent so he gave the guy and uncomfortable hug to run him away. Another example of Phil’s ego is how he used his knowledge of recurring events to make Rita fall for him. The superego is also partly conscious; however , it’s the internal, parental voice that helps one decipher right from wrong. Superego is more vastly known as your conscience.Phil’s superego kicks in when he realizes that being self centered was helping him to progress in life. Superego allowed Phil to judge his own behavior and live up to his morals. Although the film posed a very good lesson, I did not like it. If I would have watch the movie for pleasure rather than for a report I probably would have turn it off in the second scene because I saw no real importance of the recurring events. Having someone awake day after day to the same thing was king of mediocre to me. I would have much rather seen a movie that posed the exact same message, yet in a different approach. Psycological View of the Movie Groundhog Day The objective of this paper is to explain the psychological view of the movie, Groundhog Day. The main character of the film is Bill Murray and is directed by Harold Ramis and released in 1993. The movie takes place in the small town of Punxsatawney during the winter season. Although the movie has a very powerful message, I did not like it. Phil (Bill Murray), a weather man for an American TV station, is sent to Punxsatawney to cover a local Groundhog Day ceremony. The very skeptical weatherman regretfully accepts the assignment and travel to the town.Once he makes his report he proceeds to his hotel and goes to bed looking forward to returning home the next day. In an effort to leave the town and any memories relating to the town the weatherman is forced to stay another night due to a snowstorm. After awakening the next morning Phil realizes that it is still Groundhog Day, again and again. After living one day over and over again, Phil meets two drunken guys at a bar. These two guys enlighten Phil on the idea that living the same day over and over would give him a chance to do all the things he ever wanted to do without any consequences.After days of appalling behavior, Phil finally realizes that even those acts will not take away the terrible reality that he seems to never progress in life. He then tries to kill himself, which does not work either. A dramatic twist in the movie happens during a recurring report. The name of the groundhog (Phil), carved in wood, appeared directly about Phil’s, the weatherman, head. This scene seemed to be showing the fact that the weatherman is living a shadow of himself just as the groundhog. The shadow is a way for Phil to see himself a hopefully make a difference.These recurring events bring upon love for Phil and his anchor lady, Rita. He eventually tells her about the returning life events and they decide that she would spend the entire day with him to be an â€Å"objective witness†. They fall asleep in bed together; however, the next morning he awakens, it’s still Groundhog Day and Rita is not in bed with him. Beginning to accept the negativity of his life, Phil begins to turn his negative aspects into more positive ones. After accepting his imperfections, Phil was now able to use his imprisoned energy to find a new strength (care and compassion).He also learns that humans are privileged to be able to improve themselves. The valuable moral of this movie is the journey to awareness. Phil being aware of his imperfections allowed for him to change his behavior, thus move on into a new and more beautiful day. The chapter I think best fits this film is Chapter 10 – Personality. Personality is the complex characteristics that define a person. According to Sigmund Freud, each person has a certain amount of psychological energy that develops into three structures of personality (the id, the ego, and the superego).The id is unconscious and present at birth and come from two insti nctual drives: the life instinct and the death instinct. After discovering his recurring life events, Phil decides to live life to its fullest potential by doing whatever he wanted with the aspect of never having to face any consequences. A while after realizing that his bad actions were getting him no where he decides to try and end his life with numerous attempts including jumping off a tall building. These acts were driven by the pleasure principle which is the motive to obtain pleasure and avoid tension or discomfort.The ego is party conscious and regulates thoughts and behavior and is most in tune with the demands of the external world. Phil finds ways to satisfy whatever desires he wanted in life. For example, he did not want to be bothered by the insurance agent so he gave the guy and uncomfortable hug to run him away. Another example of Phil’s ego is how he used his knowledge of recurring events to make Rita fall for him. The superego is also partly conscious; however , it’s the internal, parental voice that helps one decipher right from wrong. Superego is more vastly known as your conscience.Phil’s superego kicks in when he realizes that being self centered was helping him to progress in life. Superego allowed Phil to judge his own behavior and live up to his morals. Although the film posed a very good lesson, I did not like it. If I would have watch the movie for pleasure rather than for a report I probably would have turn it off in the second scene because I saw no real importance of the recurring events. Having someone awake day after day to the same thing was king of mediocre to me. I would have much rather seen a movie that posed the exact same message, yet in a different approach.

Thursday, August 1, 2019

Case Study: Xerox Essay

Q 1: How would Xerox define Diversity? How has the definition changed over the years? A 1: Diversity means more than race and gender. Diversity means creating an environment where all employees can grow to their fullest potential. The first chairman of Xerox, Johnson C. Wilson had the commitment to diversify. Chairman Wilson took proactive steps to create a more diverse workplace in response to race riots in the 1960s. He called for increased hiring of African Americans in order to achieve equality among its workplace. Throughout the 1970s Xerox established an internal affirmative action office and began to hire significant number of minority employees. Xerox placed an emphasis on the advancement of minorities and females in the 1980s. It was during that Barry Rand, an African American, was named the first minority president of a division. In the 1990s sexual orientation was included in the company’s Equal Opportunity policy. Xerox has 50% of its workforce made up by women and minorities. Of that 50%, 48.2% are Xerox’s senior executives. In 2007, Ursula Burns was named the first African American female president of Xerox Corporation. The definition of diversity was changed by Anne M. Mulcahy. She said Diversity was the key to success. Diversity breeds creativity. Companies ruled by a hierarchy of imagination, and filled with people of all ages, races, and backgrounds challenge each other’s underlying assumptions, freeing everybody from convention and orthodoxy. In summary: According to Xerox, diversity is more than just race/gender/numbers. It is about inclusion! By including people of all ages, races, and backgrounds,  Xerox can create a place where employees can grow to their fullest potential with their different ways of thinking, perceiving, and creating innovative solutions. They believe diversity=innovation=success. Over the years you can Xerox maintain their strong focus on diversity. In the 60’s they hired African Americans to improve equality in the workplace. In the 80’s they continued hiring minorities AND women, and in the 90’s hired many of different sexual orientations. Q2: What are the seven reasons why Xerox should be motivated to diversify their workforce? Illustrate how Xerox shows it values its workplace diversity. A: 1.Diversity means different ways of thinking, perceiving, and innovating. Innovation is the reason they are at the top of their industry. 2. Diversity creates productive people. Hiring people of different minorities and backgrounds improves equality and enhances individuality and increases productivity. 3. Diversity is highly respectable. In today’s day and age, America has become very diverse. And to diversify one’s company along with the country will result in respect. Xerox has been named one of the Top 10 companies by Fortune, Forbes, Working Mother, Latino Style, and Enable magazines. 4. Diversity spurs creativity. To enjoy work, feel included, express individuality, and use owns different outlook enhances creativity among employees. 5. Diversity instills commitment. Xerox values diversity from entry-level positions up to the highest seat in the house. With a female African-American as the president encourages employees that anyone can do it and commitment is powerful. 6. Diversity serves as an inspiration for other companies. Diversity for Xerox is inspirational. Their logic and beliefs for diversity truly benefits them and their employees and it is evident through their success and ranking. Diversity in the workplace represents the real world: a place of different religions and beliefs but they all have the same skills, high work ethic, and devotion. 7. Diversity has been working and going strong. Because of success with diversity, Xerox should continue focusing on it. They have a 100% rating on Human Rights Campaign Foundation’s Corporate Equality Index and its Best Places to Work survey. Illustration is a chart: This chart demonstrates diversity in the Xerox company. 3. Xerox defies the leaking pipeline phenomenon. The leaking pipeline is something that explains that women don’t have enough senior positions in the workforce, and then leave before they have the opportunity to receive them. Xerox defies this because they, from the beginning, have been committed to the idea that whoever is right for the job, regardless of background, gender, or sexual orientation, will get the job. This commitment not only enables women to reach those higher positions, but also gives them the motivation to keep working hard and not abandon the business out of fear the company might not promote women. 4. No one can argue that Xerox has not taken major strides towards diversity within their corporation. After all, Xerox made history when Ursula Burns succeeded Anne Mulcahy as its chief executive officer (CEO) in July of 2009. This transfer of power marked the first time ever that a female CEO of a Fortune 500 company was succeeded by another female. As historic as this female to female hand-off was, what made it even more remarkable was that fact that Ursula Burns is also an African-American. With this in mind, one may naturally ask, â€Å"How do women and minorities within the upper management of other Fortune 500 companies compare to Xerox?†. In order to answer this question with authority, our group sought out many reliable sources such as established magazines, think tanks, and websites devoted entirely to the task of tracking, analyzing, and encouraging the idea of diversifying our corporate world. Moreover, since our case and its’ questions were published in 2012, we found it best to compare the other companies to Xerox as they stood in 2012 as well. Lastly, our group also assumed that â€Å"the highest levels of each organization† refers to the corporations’ CEOs and their board of directors. According to the Huffington Post, in 2012 only eighteen (or 3.6 percent) of the five hundred chief executive officers comprised of the Fortune 500 corporations were women1. Of these eighteen eighteen women, only one other was of a minority status – Indra K. Nooyi of Pepsico. Mrs. Nooyi is of Asian/Pacific descent, more specifically, Indian. Hence, with this data we can gather that in 2012 the number of minority women CEOs in the Fortune 500  was a mere two. Comprised of these two were one African-American, one Asian-American, and zero Hispanics. In total, less than one half of one percent of the Fortune 500 CEOs in 2012 were held by minority women. This startling statistic proves that women and minorities are extremely under-represented in the Fortune 500 CEO class. With women occupying eighteen percent of the CEOs positions of 2012’s Fortune 500, the remaining eighty-two percent of positions were occupied by men. Minority men fared better than their female counterparts, but not by much. With a little bit of algebra and data obtained from The Center for American Progress2, one can calculate eight men of Asian descent (1.6 percent), six men of Hispanic descent (1.2 percent), and three African-American men (0.6 percent) held the titles of CEOs within the Fortune 500 of 2012. The four hundred sixty-five (93 percent) residual positions were all held by Non-Hispanic white males. When we expanded our search to include all of the board members for each each of these companies we were greeted with slightly better news. According to Missing Pieces: Women and Minorities on Fortune 500 Boards the report published in 2012 by the Alliance for Board Diversity (ABD), women and minorities combined accounted for 13.3 percent3 of all of the Fortune 500’s board members in 2012. The ABD ranked Xerox as the 35th most diverse board that year. Xerox cares about diversity and it shows. There are many things that other corporations can do to increase diversity in their workplace. For example, human resources personnel can host recruitment events in ethnically diverse areas, such as inner cities. Placing ads in cultural papers, leaving fliers at different churches, and participating in a job fairs may also lead to finding more diverse candidates to apply for and fill their needed positions. With a more diverse staff, more companies can expect an influx of ideas, new talents and perspectives, and increased returns on investments.