Orwell s Animal Farm, By George Orwell - 856 Words

Stultifying to self-delusion In novel â€Å"Animal Farm† by George Orwell, he mentions the animals in the farm they all have the vision of freedom after Old Major’s prediction. They rebilled against the farmers and after their victory they tasted the revolution. The farm was renamed â€Å"Animal Farm† and made the constitution of the manor – â€Å"the seven commandments.† Soon there is a split on the revolution between the pigs, Snowball was declared as an enemies of the revolution. Since then Napoleon and Squealer obtained the leadership of the farm, immediately they have more power and more preferential treatment, they gradually moved away from other animals, and eventually become exploiters for exactly the same as humans, the original ideals of animal farm name is also be abandoned. One theme of animal farm is that we need to have a clever mind to see through unfair trick, before it is too late. One way this theme is introduced is through the characterization of intellectual animals. The animals have poor intelligence development can never understand which way are the right thing and which are not, their world view are small, and just like a frog living at the bottom of a well. In a year the animals live like a slave, but they enjoy it, not afraid of hardship, and not afraid of sacrifice. Because they are deeply aware of: that everything they do for their own interests and their own future, but not for those idle, lazy humans. But is that really true? In all animals Boxer became theShow MoreRelatedGeorge Orwell s Animal Farm1361 Words   |  6 Pagesfarmer, but of late he had fallen on evil days†(Orwell 38). In Animal Farm George Orwell describes life for the animals on a farm in the english countryside during the mid to early 20th century before, during and after a revolution against their master Mr.Jones in order to represent the russian revolution and describe to p eople throughout the free world how leaders in both capitalist and communist societies oppress the working class as a result Orwell s tone throughout the novel is concerned. TsarRead MoreGeorge Orwell s Animal Farm1392 Words   |  6 Pages George Orwell Never Misuses Words In what was a vastly controversial novel published in 1945, George Orwell’s Animal Farm describes the horrific brand of communism in the Soviet Union and the conscious blindness that most of the West accepted at that time. Although Orwell labeled Animal Farm as a fairy tale, this historically parallel novel branches into the genres of political satire, fable, and allegory as well. What made Animal Farm so controversial among the â€Å"British socialists† and WesternRead MoreGeorge Orwell s Animal Farm958 Words   |  4 PagesImagine that you were an animal s or citizen living under Napoleon or Stalin rule and the fear that your life can be taken always from you at any time. In the novel of Animal Farm, George Orwell he wanted to show how a book is a sarcasm of the Russian Revolution during the communist years and the satire of that time between Trotsky and Stalin. Where Orwell chose to create his character base of the common people of Russia at the time of the Revolution. Animal Farm is a social or allegory about NapoleonRead MoreGeorge Orwell s Animal Farm922 Words   |  4 Pages In the novel Animal Farm, by George Orwell, the wisest boar of the farm, Old Major, mimics Karl Marx, the â€Å"Father of Communism,† and Vladimir Lenin, a Russian communist revolutionary. George Orwell introduces direct parallels between the respected figures through their mutual ideas of equality and profoundly appreciated qualities. Furthermore, his utilization of dialect and descriptions represent the key ideas of the novel. Throughout the novel, Orwell continues to show comparisons betweenRead MoreGeorge Orwell s Animal Farm1395 Words   |  6 PagesGeorge Orwell’s Animal Farm: The Power of Corruption In George Orwell’s Animal Farm, Orwell illustrates how power corrupts absolutely and how Napoleon degrades the structure and stability of Animal Farm because of the decisions that he makes. I will also expand on the idea of how Old Major’s ideas for an organized society get completely destroyed by Napoleon’s revolutionary actions. It was ironic and satirical that Napoleon’s own power annihilates Animal Farm. The satire in George Orwell’s AnimalRead MoreGeorge Orwell s Animal Farm1463 Words   |  6 Pagesbut of late he had fallen on evil days†(Orwell 38). In Animal Farm, George Orwell describes life for the animals on a farm in the English countryside during the mid to early 20th century before, during and after a revolution against their master, Mr.Jones. Orwell does this to represent the Russian revolution and describe to people throughout the free world how leaders in both capitalist and communist societies oppress the working class. As a result Orwell s tone throughout the novel is concernedRead MoreGeorge Orwell s Animal Farm1360 Words   |  6 Pagesquestion minus the answer.† In George Orwell’s â€Å"Animal Farm†, the author raises the question whether the type of government, communism, is feasible in a community without leading to a type of dictatorship or totalitarianism. Orwell presents the idea that communism is a good idea in theory, but it always leads to corruption by the people who take power. The author presents the novel as an entertaining fable featuring an animal revolution; however, beneath this storyline Orwell utilizes literary devicesRead MoreGeorge Orwell s Animal Farm1255 Words   |  6 Pagesrebellion in history. With these principles at heart, it only seems logical that human society should become utopian. Despite the principles, the French revolution paved the way for the autocratic rule of Napoleon. History repeats itself; George Orwell’s Animal Farm follows the rise of Animalism which serves as an allegorical reflection of the 1917 Russian revolution that led into the Stalinist era. Many revolutions throughout history follow the same path as the newly installed government always becomeRead MoreGeorge Orwell s Animal Farm1403 Words   |  6 PagesGeorge Orwell believes â€Å"What you get over and over again is a movement of the proletariat which is promptly characterized and betrayed by astut e people at the top and then the growth of a new governing class. The one thing that never arrives is equality† (Letemendia 1). Orwell simply loathes revolution and thinks it is unfair to the majority, for the people. He thinks that while individuals change, the people in power are always corrupt and they will corrupt any attempt at change. He communicatesRead MoreGeorge Orwell s Animal Farm1449 Words   |  6 Pagesconcept that the animals in George Orwell’s novel Animal Farm crave. The animals of Animal Farm want freedom from their â€Å"dictator† Farmer Jones and the rest of humanity. Their problem is that Farmer Jones and humanity are still in power. With the bravery of two pigs, Napoleon and Snowball, the animals overthrow their human oppressors and free themselves from humanity. With his new freedom Napoleon craves power and expels Snowball. He becomes the dictator of Animal Farm and makes the farm a place where

Joe Hockey s Impact On The Australian Economy - 2465 Words

Whilst Joe Hockey has attempted to replace the age of entitlement â€Å"not with an age of austerity, but with an age of opportunity,† by taking extreme fiscal measures, the government have focused the 2014-15 Budget on pulling the economy out of deficit in the future, they have not looked at how the Budget is affecting people at this present moment. As a result, Joe Hockey has failed to show fairness in this years’ budget. Current State of the Economy Where did the Labor Government leave Australia’s Economy? The Labor Government have had a major impact on the Australian Economy, which has made it quite difficult for the Coalition to inherit. Joe Hockey stated that â€Å"Sixteen years of deficits without a recession, without any significant†¦show more content†¦Over the four years from 2009-10 to 2012-2013, Labor had met its fiscal rule of keeping the average spending growth rate to less than 2% a year (Musgrave, R. A. n.d). This was the lowest period of spending growth in 23 years, meaning that not enough money was being injected into the circular flow of income. This reduced aggregate demand as consumer spending was low. In order to ensure that key spending was sustainable, structural improvements were required for the 2014-15 Budget. Overall, the Labor government has left a disastrous legacy of high debt for the Liberal government to try and overcome. 2014-15 Budget Allocation Resources Revenue Expenditure Education †¢ Gonski Education funding reforms to be unwound, saving the commonwealth up to $30 billion †¢ University students to repay HELP loans earlier †¢ Subsidies extended to private institutions, given the ability to set their own fees †¢ Funding commitments are honored Health †¢ Rudd-era hospital funding deal with states to be unwound, saving the commonwealth up to $50 billion †¢ Patients will pay a fee of $7 for every GP visit- capped at 10 payments a year for children and concession-card holders. †¢ $5 of the fee will fund a new medical research fund that will grow to $20 billion †¢ Medicare safety net will be cut for most people †¢ No expenditure Welfare †¢ Family Tax Benefit Part B means-tested at $100 000 and removed once children turn six †¢ Under 30’s will have to wait six months

Business Process Mapping Workbook Customer Satisfaction Samples

Question: Diacuss about the Business Process Mapping Workbook : Customer Satisfaction. Answer: Introduction Generally, this research paper is based on the Heartland Equestrian Centre App Project. Moreover, this research study is provides information on roles, concepts and importance of project methodologies in the IT (Information Technology). This study is also analyzes how to align IT project with the organizational objectives. Moreover, it will also provide a clear description about the various strategies for coordinating IT project change, project planning, selection techniques, decision making and problem solving approaches in the context of IT projects. Additionally, it is also analyze systems thinking approach to managing IT projects. In the same way, the project management concepts and methods with regards to the IT project would be discussed in order to attain the objectives of the study. The company Heartland is expecting to develop a most appropriate and suitable app to attain the objectives and overcome the current business challenges. This app would help the company in motivating and encouraging the clients. The company is developing this app because to optimize for Android as well as iPhone devices. Additionally, it is decided by the company that, the responsible people and specialist would adopt a development approach to effectively and successfully execute this new app for Android and iPhone instruments. The mission statement of the company is to provide a full range of services (riding, training, jumping, etc.) to their clients in more appropriate and innovative manner. Additionally, the key objective of the project is to develop a suitable app that can be used in the Android and IPhone devices. Moreover, to help the clients in enrolling and paying for their riding lesions, retraining, and booking trail rides and horse boarding. Furthermore, to help the clients of company in subscribing the newsletters and various upcoming events is also other objective of the project. In addition, the new app must also provide an album of photo so that the client can capture their memories. The overall objective of the project is to attract customers and improve customers services by enhancing full range of services (Harper-Smith, Derry, 2010). Outline of Problem/Opportunity Statement The given case clearly indicates that, currently Heartland is facing several problems. For instance, the profit and revenue level of the company are decreasing day by day due to fall in the private lessons, boarding horses, no of trainer etc. For example, the highly respected and professional trainer had left the company. Moreover, by developing new app the company would be able to gain various business opportunities. For case, the new app would improve current services and bring innovation within the business process and results in increase of number of customers (Jacka, Keller, 2009). The company and its management would need to think strategically and innovatively to align the project objectives with the organizational vision. Moreover, the time period to develop the new app is the main constraint of the project (Dow Taylor, 2010). Preliminary Project Requirements The project would require various specific and systematic development approaches for the project. Moreover, there would also be requirements for the special experts to get the suggestion about the development of new app. On the other hand, a team of programmers as well as digital image specialist would also be required to work on the app (Pemsel Wiewiora, 2013). The company may face several risk related to hacking, data security, unexpected results, busy servers etc. The company would also have to invest billions of dollars to modify the current app (Kerzner Saladis, 2013). The new app would help the company in bringing innovation within the current business process, systems and strategies. Moreover, the company can be able to provide more innovative services to their clients (Kerzner, 2013). On the basis of above analysis, it can be recommended that, the top management of the company should provide needed and appropriate support to their teams to develop the app. References Dow, W. Taylor, B. (2010). Project Management Communications Bible. USA: John Wiley Sons. Harper-Smith, P. Derry, S. (2010). Project Management: Fast Track to Success: The low down on the top job. UK: Pearson UK. Jacka, J.M. Keller, P.J. (2009). Business Process Mapping Workbook: Improving Customer Satisfaction. USA: John Wiley Sons. Kerzner, H.R. Saladis, F.P. (2013). Project Management Workbook and PMP / CAPM Exam Study Guide. 11th ed. USA: John Wiley Sons. Kerzner, H.R. (2013). Project Management: Case Studies (4th ed.). USA: John Wiley Sons. Pemsel, S., Wiewiora, A. (2013) Project management office a knowledge broker in project-based organisations. International Journal of Project Management, 31(1), 31-42.

Nature Essay Example Essay Example

Nature Essay Example Paper Nature Essay Introduction Nature Essay Body Paragraphs Nature Nature has always been a force to reckon with because of the power it has to either create or destroy. Despite humans being ecologically dominant in the world, their survival has always been connected to nature. This connection originates from the interaction that humans have with nature, which constantly surrounds them. For instance, humans need air, water and food for their survival. All these factors are part of nature, and it is because of this fact that it is crucial for man to attempt and understand his natural surroundings. The understanding of nature is beneficial because it enables one to gain an understanding of one’s self and the dynamics of human society. Nonetheless, a conflict usually arises among freethinkers when the power of nature over man is questioned. However, historical events often suggest that it is impossible for man to conquer nature. The book Into the Wild by John Krauker is a perfect example of the man vs. nature conflict. The book is based o n the account of Chris McCandless life and death as he attempted to conquer nature. It highlights the story of a 24-year-old college graduate who after renouncing most of his possessions including his vehicle and life savings, decides to explore nature and the experiences it presents. He sets out from home leaving his family behind to accomplish his quest, which was inspired by his heroes Jack London and John Muir. This book attempts to analyze the relationship between man and nature by following the trail left behind by Chris McCandless during his adventure while putting emphasis on his tragic death. While this book is a good literal material, its analysis is relevant in revealing the power of nature and its relation to the survival of man. In the book Into the Wild by John Krauker, Chris McCandless has an interesting relationship with nature. His interpretation of nature conceives society as not part of nature. The separation of society from nature in his mind is evident when he d ecides to live in the wilderness because of his contempt towards the society, which had caused him too much pain and disgust. He believes that nature is a different entity as compared to society. It is because of this reason that he sees the decision to seclude himself from society as an action that will give him the self-awareness and social progress that is lacking in the confines of society. To him, nature is a retreat that has already been explored by denouncers of the society like Henry David Thoreau and John Muir. In addition, Chris McCandless is in constant conflict with himself on whether he can conquer nature. It is evident from the beginning of the book that Chris McCandless had the urge to prove to himself that he had power over nature. It is partly because of this unsettling urge that he decides to live in the wilderness. However, through out history nature has always bested man except for isolated cases where man chose to work according to the fundamental principles of nature. This is evident in the book when he changes his ideology and decides that nature is only a refuge for a short while and that true happiness can only be shared. This change of mindset by Chris McCandless shows how his relationship with nature had evolved since he first set foot into the wild. Apparently, he seems to agree with the fact that nature is a dominant force that has power over man. One dominant perception about nature in the book â€Å"Into the Wild† is that nature is neither benevolent nor nurturing. This is a fact that is in perfect agreement with reality with an exception of isolated cases. It is well known that nature’s principle of natural cause and effect can work against man or for man depending on the circumstances presented by a situation. A majority of people share the misconception that nature is kind and caring but only because they have no first hand experience of life in the wilderness. Life in the wilderness can be chaotic and threatenin g to human beings especially if the human being is isolated from the society. This is because nature is composed of uncontrollable and powerful forces that often create an environment that reduces the odds that favor human survival. These forces include weather, natural calamities and the environments natural inhabitants like disease causing microorganisms. In the book, certain instances clearly elaborate on the harshness of nature to man. When Chris McCandless first comes up with the idea of retreating to the wild, his views towards nature are of positive form. He sees the wilderness as an environment that is pure and free from the evils that are present in the modern society. However, as the tale unravels in the subsequent chapters, the true nature of the wilderness is revealed. In October 1990, Chris McCandless encounters a flash flood while driving across the Lake Mead National Recreation Area. This force of nature forces McCandless to abandon his vehicle and part of his luggage , which were very crucial for his survival in the wilderness. Another extreme example that can be used to show the cruelty of nature is the circumstances surrounding the tragic death of Chris McCandless. Apparently, McCandless suffers from food poisoning after eating poisonous potatoes because he was starving. His demise in the hands of nature acts as proof that nature is the least bit benevolent or nurturing. Moreover, the author of the book strives to portray nature as unpredictable. Given the technological advancements made in the field of science today, it is possible to predict certain elements of nature like weather and natural calamities like earthquakes. However, nature still has some sense of unpredictability. It is not possible to predict the specific conditions that nature will present at a certain specific time. For instance, earthquake-warning systems can only manage to provide warnings within a few seconds of a severe earthquake. Therefore, this shows that science has not adequately captured the dynamics by which nature functions. In the light of this fact, it is virtually impossible for an individual isolated from society to survive in the confines of nature if he does not understand nature itself. This lack of understanding amplifies the extent to which nature can present itself to an individual as harsh. In this book, the unpredictability of nature has been featured well by the author. In chapter one, Jim Gallien tries to convince McCandless to reconsider his plan to live in Denali National Park in Alaska. Gallien tries desperately to make McCandless understand that nature is unpredictable because in his mind he is certain that McCandles is not ready for the harsh conditions of life in Alaskan outdoors. McCandles even goes as far as declining Gallien’s offer to buy him decent gear and in the end, McCandles dies in the hands of nature because he thought he could easily predict and adapt to nature. Apparently, his body is discovered on th e sixth of September in1992 at a broken down bus in Denali National park. The police department found the body of Chris McCandless, 5 rolls of exposed film, the SOS note that he had written and a diary with 113 entries. Later an autopsy revealed that McCandless starved to death with his corpse weighing only sixty-seven pounds. Even though nature may be unpredictable, the book also uses other examples to show that man can indeed triumph over nature. A good example is the story of John Waterman, which shows how he triumphed over nature against all odds. John Waterman successfully climbs Mt. Denali in Alaska with very little gear despite being diagnosed with a mental condition that forced him to spend time in a psychiatric hospital. The isolated case of John Waterman can only be explained by speculating that he was lucky or that he was in harmony with the principles of nature. Other examples include Jack London and John Muir who were popularly known denouncers of society. It is from th ese two people that Chris McCandles drew his inspiration. Nature can indeed be tamed through scientific methodologies. This enables man to improve his relationship with nature and creates further understanding of the phenomena that nature possesses. Like all species, humans have exercised their impulse to interact with nature. In doing so, man has been able to domesticate landscapes and ecosystems in ways that enhance food supplies while at the same time reducing exposure to predators and natural disasters. The net results of the domestication of nature have been mostly positive with man finally having the ability to harness nature’s full potential. Taming of nature is indeed beneficial to humans because they can eliminate the factors in nature that they do not prefer, therefore, shaping the universe to their own liking. Although nature can be tamed, it is usually wiser to preserve with exception to adventurous exploration. The use of science to tame or domesticate nature oft en presents challenges. There are usually significant and unforeseen changes in the ecosystem’s attributes, which can lead to natural disasters. Natural disasters like earthquakes and landslides are in most cases a result of unsuccessful attempts by humans to domesticate nature. For instance, scientists often make unwise decisions while quantifying the tradeoffs among ecosystems, which cause the imbalance of nature. It is because of this reason that nature should be preserved for the purposes of distant or close exploration. It is only through close exploration that nature can be properly tamed for the benefit of man. In this book, the author uses the attempts by McCandles and others like him to explore nature as illustration that the idea is always unwise. A good example is the story of Gene Rosellini who was commonly known as the Mayor of Hippie Cove by Alaskan locals. Rosellini tried to explore the wild while independent of modern technology. She later concluded that his a ttempt to live off the land was a failure after thirty years and then committed suicide. McCandles is also a good example because his story resonates perfectly well with that of Gene Rosellini. McCandles who had been driven to the wilderness by his contempt towards the society tried to explore the wild to no avail. His entire life in the wild was marked with tragic incidences like the flash flood incident, which robbed him of his car and personal belongings. He later succumbed to death when he tried to prove that he could triumph over nature by trying to explore the harsh conditions that existed in Alaska with very little gear. In conclusion, nature remains a mystery that is beginning to unravel due to the influence of technological developments in the field of science. However, its strong forces continue to dominate man due to their ambiguity and unpredictability. The book â€Å"Into the Wild† by John Krauker has perfectly captured this fact by broadly addressing the man vs. nature conflict through real life accounts of people who had first hand experience with nature. Through the illustrations in this book, one can be able to analyze whether nature is a phenomenon that can be tamed by man. One can also be able to determine if the preservation of nature for adventure or observation has any advantages to man. Despite the answers to those questions, it is clear that the human vs. nature conflict is not over, at least not yet.

Argentina Essays (1061 words) - Demography, Population, Free Essays

Argentina Essays (1061 words) - Demography, Population, Free Essays Argentina For my case study on demographic transition Ive chosen the well-known country of Argentina, which is located in South America. I decided to conduct my study from 1936 to 1960. For this 25-year period I found all the statistical data which I need to actually complete population growth analysis. In the demographic transition model of Argentina we can see that the crude birth rate (CBR) is almost always double or higher then the crude death rate (CDR). This allows the natural rate of increase (NRI) to be higher than the CDR. NRI reflects how fast population is growing. In the demographic transition model of Argentinas CBR per 1000 (blue line) is the highest line relative to the origin. We can see that the line stays very steady from 1936 to 1943, at about 22 to 23 live birth per thousand. In 1944 we see a gradual increases of live birth per thousand. By 1946 the CBR is at one of it highest points. This line fluctuate from 24 to 25 per thousands range for approximately twelve years to 1956 until it gradual decrease to it original state, back to 22 per thousands. The ten to twelve years peak period of CBR helps to increases NRI for Argentina in the mid 40s and into the 50s. (We will see how this effects the NRI later) The CDR (pink line) is the lowest line in the model. In the beginning of the line (1936) we see the CDR start to rise and reach it highest point at 11 per thousand in 1938. From then on it stay steady at 10 per thousands for nine years. After 1948 we can see the line slowly decreasing to 8 per thousand by 1960. This slow drop in CDR also effected the NRI (which we will see later). Both CBR and CDR effect how well a country like Argentina population is growing both factors relate to the natural rate of increase. This is the middle line in the model (yellow line). The NRI is determined by subtracting the CBR by the CDR. In the model Argentinas CBR is fairly high and CDR is less than half of it. This allows the NRI line to stay between them. We can see from the model that the NRI starts to decrease from 1936 to 1938. This is happens because the CDR rises and the CBR remands steady. In 1938 the NRI reaches it lowest level at 11 per thousand. From that point on we see an increase of the NRI. NRI increase because of the growth in CBR and the slow decrease in CDR. The NRI reaches it highest point of 16 per thousand in 1950 and from than on decrease gradually. It gradually decreases because both CBR and CDR are also decreasing. By looking at NRI we see point of high population increase was from 1944 to 1956 this time period is better known as the baby boom. From the m odel we see that Argentinas NRI is in the middle range of population growth from 12 to 16 per thousand, which is 1.2 to 1.6 percent increase per year. Form the demographic transition model of Argentina I see no discernable pattern. But I do feel that by looking at the demographic transition model of Argentinas that it falls under the second stage of the model. This stage is where growth potential is realized and where CDR drops before CBR, which allow for rapid population growth. I also found it not to fit the pattern of the pioneer countries. The reason for this is that Argentina didnt keep fertility and the mortally level relatively low like the pioneers. We can see this by have the NRI over one percent. The demographic gap is the gap between the live birth rate and death rates in the demographic transition model. The larger the gap between lines (providing CBR is high the CDR) will determine the growth rate of a country. In my case study of Argentina as a developing country it imply that the future growth will remain relatively the same. The reason for this is that even though the CDR is dropping, death rates cant fall forever and it will eventually level off. Another

Stock Price and Information Essay Example | Topics and Well Written Essays - 5000 words

Stock Price and Information - Essay Example This will benefit existing shareholders.however; the potential new shareholders are not stupid. They will infer overvaluation from the new issue, thereby bidding down the stock price on the announcement date of the issue. So, for the information asymmetry stock price is raised.therefore, information affects stock price in many way. There is substantial evidence of short-term stock price continuation, which the prior literature often attributes to investor under reaction to new information. 1 By information uncertainty, it is meant that ambiguity with respect to the implications of new information for a firm's value, which potentially stems from two sources: The volatility of a firm's underlying fundamentals and poor information. Here, main hypothesis is that if investors under react to public information, they will under react even more in cases of greater information uncertainty. The testable implication is that greater information uncertainty about the impact of news on stock value leads to higher expected stock returns following good news but lower expected stock returns following bad news relative to the returns of stocks about which there is less information uncertainty. ... Several papers including Chan, Jegadeesh, and Lakonishok (1996) attribute price continuation to a gradual market response to information. Hirshleifer (2001) and Daniel, Hirshleifer, and Subrahmanyam (1998, 2001) posit that psychological biases are increased when there is more uncertainty. New information is public, easily categorized as good or bad, and occurs fairly frequently. There are six proxies for information uncertainty: Firm size, firm age, analyst coverage, dispersion in analyst forecasts, return volatility, and cash flow volatility.2 For each of the six proxies, greater information uncertainty leads to relatively lower future stock returns following bad news and relatively higher future returns following good news, suggesting that uncertainty delays the flow of information into stock prices. In other words, the market reaction to new information is relatively complete for low-uncertainty stocks, and there is little news-based return predictability. For high-uncertainty stocks, on the other hand, the market reaction is far from complete. Good news predicts relatively higher future returns and bad news predicts relatively lower future returns. This relation between information of uncertainty and future returns has used in prior empirical studies. Further assu rance that is missing risk factors does not drive the results by documenting a similar return pattern around subsequent earnings announcement dates. The opposite effects of information uncertainty on stock returns following good vs. bad news amplify the results of trading strategies. As a result, trading strategies that buy good-news stocks and short bad-news stocks work particularly well when limited to high-uncertainty stocks. For example, a momentum

3.1 reading report Essay Example | Topics and Well Written Essays - 500 words

3.1 reading report - Essay Example Direct sales continue to be a growing phenomenon in all parts of the world. This is partly because of the intensity of competition between various manufacturing companies. It would be noted that marketing is the middle entity that comes between manufacturing and consumption (Krause, 2009). This means that if good and products that are produced are not marketed, they remain liabilities for their producers. But it has never been easy for producers to get their produces marketed because of competition. It is against this background that several companies have devised what may be described as non-orthodox means of marketing. This non-orthodox means is to get people who sell products on a face-to-face basis to consumers (Fox, 2008). As direct selling gained prominence, another component of it, which has to do with multi-level direct marketing, emerged. It is for the sake of the difference in approaches namely single-level and multi-level that researchers have often tried to investigate th e impact that these difference create. The study was conducted through a survey research design whereby the researcher formed a sample size from 22 different companies. The researcher proceeded to design a data collection instrument in the form of a questionnaire, with which data were collected from respondents by the use of mailed questionnaire. With the fact that the research design was influenced by survey, it means that the researcher was to generalize all data collected from respondents with the larger direct sales population within the setting of the research. The major managerial implications deducted from the study have to do with the trend of recruitment of marketers. This is because the study showed that the best group of population to take up single-level direct selling is people who would want to hook unto those jobs as permanent workers. For this reason, it is best to recruit young people who