Rates of Reaction :: GCSE Chemistry Coursework Investigation

Technological Singularity Essay Example

Innovative Singularity Essay In a visitor segment, Computers versus Minds on the Opinionator of The New York Times, Sandra Aamodt and Sam Wang dissected a portion of the contentions by innovator Raymond Kurzweil, one of the main designers within recent memory, in his latest futurist declaration: â€Å"The Singularity Is Near: When Humans Transcend Biology† (2005). Kurzweil gauges that machines will unavoidably have the option to outperform our intuition capacities inside a couple of decades. Kurzweils theoretical thinking has been intensely discussed and tested. In Aamodt and Wangs article they call attention to that there are major contrasts between our minds and PCs that makes Kurzweils forecasts far-fetched. The motivation behind this paper is to assess the contentions of sides, Kurzweils book and Aamodt and Wangs article. I will endeavor to achieve this by utilizing different basic reasoning strategies, for example, characterizing, explaining and clarifying a portion of the historical backdrop of the ideas and the discussions in question. To comprehend the discussion we should initially explain what is mechanical peculiarity. A mechanical peculiarity is the second our innovative improvement turns out to be quick to such an extent that it makes the future after the peculiarity capricious. Scholars on peculiarity, for example, Raymond Kurzweil, characterize the idea as far as the mechanical production of genius (Kurzweil, 2005). The article calls attention to that any examination of the cerebrum and PCs misses the untidy truth about the central contrasts between them. The article gives different reasons why the mind is better than PCs and manners by which it isn't. We will compose a custom exposition test on Technological Singularity explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Technological Singularity explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Technological Singularity explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer The discussion centers around contrasts on vitality utilization, data preparing methodologies and limit, and the advantages and disadvantages of counterfeit versus organic among cerebrum and PCs. The cerebrum contains numerous frameworks that have advanced through common determination for one undertaking at that point was embraced for another. It is proficient for nature to adjust an old framework that to assemble another one. All things considered, the mind is made out of the cerebrum stem, the limbic framework and the cerebrum cortex doing an intricate correspondence with one another that we still can't seem to translate. Architects be that as it may, have the favorable position to begin once again to get it on the money. An industrious issue, with man-made reasoning, yet all machines, is the inclination of parts to come up short. However our natural neurons and neurotransmitters flop constantly, significantly under solid conditions, yet dissimilar to PCs, new neuron associations can frame just as break all through a lifetime, this gives an endless potential to new ways and cerebrum action. The human cerebrum utilizes 12 watts, which is not exactly a common cooler light while the memory of a counterfeit mind would utilize almost a gigawatt, the sum as of now devoured by all Washington, D. C. (Aamodt Wang, 2009). To tackle this test Kurzweil conjured Moores Law. The law is named after Intel prime supporters Gordon E. Moore, who initially depicted the pattern in 1965. In this paper Moore noticed that number the of transistors in incorporated circuits had multiplied each year from the innovation of the coordinated circuit in 1958 until 1965 and anticipated that the pattern would proceed for at any rate ten years (Moore, 1965). His forecast has end up being unbelievably exact, to some extent in light of the fact that most innovation and electronic enterprises currently utilize this standard to set focuses for innovative work (Disco Meulen, 1998). Throughout the previous four decades memory and chip limit has multiplied each a couple of years (est. 2025 to 2030). The article asserts that Kurzweil ignores Moores Law power utilization per chip, which has additionally expanded massively since 1985 (Aamodt Wang, 2009). While this is valid, it infers that electrical force utilization will keep on developing though electrical force and capacity advances, for example, batteries, power devices and sustainable power sources will stay stale. The issue in this rationale is that history and innovation progressions don't advance at a consistent pace, in certainty the abilities of numerous computerized electronic gadgets and advances like vitality productivity are additionally connected to Moores law. New progressive advances are developing quick to address this issue of expanded electrical force age and capacity needs. A model is groups of MIT researchers that have made a manufactured, self-collecting chloroplast that can be break and reassemble more than once, a self-reestablishing sun powered cell. Dillow, 2010). Another model is an organization called Bloom Energy, which is creating minuscule power module boxes called â€Å"Bloom Boxes. † Two of these can control a normal U. S. home. Every gadget is about the size of a standard block. Despite the fact that they should be encircled by a bigger unit that takes in a vitality source, they are still about the size of a fridge. This option is as of now being tried by or ganizations, for example, Google and eBay (Siegler, 2010). One striking element of mind tissue is its smallness. The memory limit in this little volume is possibly colossal. For PC limit, to start to move toward that of a human cerebrum, as we draw nearer to the physical furthest reaches of silicon and different materials utilized in current processing segments like PC chips and memory; makers would conceivably need to try different things with other creation strategies and materials. As people have advanced, we have built up the capacity to make quick inductions in exceptionally complex circumstances. We can make legitimate approximations and find â€Å"good enough† arrangements. This kind of dynamic will without a doubt be difficult to coordinate however there are as of now robots achieving apparently straightforward errands like coordinating socks and playing soccer self-sufficiently, which are in reality extremely entangled assignments. On genuine model is ASIMO, which is as of now the universes most progressive humanoid robot; it is the perfection of two many years of research by Honda engineers. ASIMO can run, stroll on lopsided slants and surfaces, turn easily, climb steps, and reach for and handle protests, grasp and react to basic voice orders. ASIMO can likewise have the some face acknowledgment capacity and can outline condition and register fixed items. ASIMO can likewise abstain from moving impediments as it travels through its condition (Honda. com). Be that as it may, we offer a lot of foundation data as a powerful influence for basic assignments, permitting us to make surmisings that are hard for machines. Indeed, even the most progressive PC experiences difficulty separating a pooch and a feline separated, something even a little child can manage with no exertion. With respect to the affirmation that designers can gain from mind systems (Aamodt Wang, 2009), it ought to be noted with the end goal of explanation that scientists and architects are continually attempting to copy the stunts that a large number of long stretches of advancement and improvement have educated to science. On the off chance that architects can reproduce this stunts and easy routes, PCs that share our defects. This may not be actually what we need, yet it could prompt better â€Å"soft† judgment or purported â€Å"fuzzy† thinking from PCs (Aamodt Wang, 2009). What decides a PCs capacity to make such deductions is identified with the man-made brainpower programming not equipment. What's more a few gadgets can share registering assets through remote innovations and the usage of distributed computing procedures. Distributed computing alludes to a move towards web based processing, where shared programming or data are given on request. Why trouble? The article reasons that we should no attempt to accomplish the objective of complex man-made reasoning since, people are as of now equipped for satisfying each one of those prerequisites and so as to make another one all it akes is a ripe couple with the assets to support their youngster. In spite of the fact that, it will in the long run be conceivable to plan gadgets that mimic human conduct, we as of now have such an inconceivable gadget in people. I do concur that people have accomplished a scholarly and mindfulness that appears to be endless now and again. The article misses one of the most s ignificant contentions of Kurzweils conversation. The usefulness of the cerebrum is processable as far as innovation that we can work sooner rather than later. We should consider that primer research is now recommending that drawn out utilization of such gadgets is influencing the manner in which our psyches work. â€Å"The innovation is revamping our brains,† said Nora Volkow, executive of the National Institute of Drug Abuse and one of the world’s driving mind researchers. Our mind is advancing, she and different specialists contrast computerized incitement less with medications and liquor than to food and sex, which are basic yet counterproductive in overabundance (Richtel, 2010). We should consistently recollect that Kurzweil portrays this innovative peculiarity as coming about because of three distinct advancements and orders: hereditary qualities, nanotechnology, and mechanical autonomy (which incorporates man-made reasoning). Hereditary adjustment is the control of a living beings hereditary material in a manner that doesn't happen under regular conditions. Nanotechnology is the investigation of controlling issue on a sub-atomic scale to make new materials and gadgets with a wide scope of utilizations, for example, in medication, hardware and vitality creation. Apply autonomy is identified with hardware, mechanics, and programming. Kurzweil contends we are arriving at new degrees of refinement in our innovation that will permit us to combine natural and counterfeit to make higher types of life and I

Critical Analysis of Internal and External Environment †Free Samples

Question: Examine about the Critical Analysis of Internal and External Environment. Answer: Presentation: Statistical surveying is the potential asset for dissecting the interest, rivalry, current patterns, economic situations, extent of entering the objective market, and so forth. With the assistance of results started from statistical surveying, further systems of showcasing plan are directed for the achievement of the objectives and the goals. For example, Nokia Corporation directed statistical surveying exercises so as to dissect the present showcasing patterns of the versatile business so as to pick up their lost situation in the cell phone industry. According to the statistical surveying examination, authoritative advertising group got the outcomes that request Android and IOS working frameworks' clients are expanding quickly while, they were utilizing the Symbian working framework in their cell phones. Effect of statistical surveying is immense in the promoting plan as it demonstrates the reasonable picture to the association to be followed so as to achieve its ideal objectives and the goals. With regards to Nokia Corporation, they broke down the outcomes got and began fabricating Android-based advanced mobile phones for picking up their lost situation in the buyer electronic merchandise (Pride, et. al., 2006). Statistical surveying led by the Nokia Corporation encourages them to build up their showcasing plan so as to dispatch their PDAs dependent on Android working frameworks. The promoting plan will get the goal and with the assistance of destinations, vision, and mission, fulfillment of wanted targets would be practiced without any problem. With the assistance of fruitful showcasing research, Nokia Corporation will have the option to set up its successful situation in the electronic customer products just as it will elevate the association to execute their methodologies so as to acquire their promoting targets. Who are the opposition for your preferred item Rivalry is exceptionally significant in the business condition as this encourages the association to imagine new thoughts and strategies to present new and propelled items in the market so as to achieve the upper hand. Without rivalry, association won't have the option to move towards the exploration and the advancement procedure, innovation for new items just as not for the improving the nature of the current items (Tardy, et. al., 2015). For example, Coca-Cola Company and PepsiCo are two major contenders occupied with the assembling of sodas and certain cheap food things. Both the organizations have extended their business in the abroad markets and because of this; the two of them are the essential contenders for one another in each market. For accomplishing the upper hand, both the organizations have put a gigantic sum in their innovative work office for discovering the chances to make their items special from its rival. Rivalry here and there gives better opportunities to improve their incomes or here and there, it prompts face serious misfortunes. Coca-Cola Company has as of late executed the technique of giving offers, for example, cashback. This has expanded the client base just as the interest for their items in contrast with the PepsiCo's beverages. While PepsiCo has embraced the technique of presenting the as good as ever drink with zero calories for pulling in the wellbeing cognizant customers. Because of ad justment of the forceful serious methodologies by both the organizations in the worldwide market, they have prompted improving their beverage's quality; bundling of the soda pops has been changed different occasions by both the organizations for making the item alluring and exceptional from every others brand. This is the explanation, their piece of the overall industry has been separated and because of high bartering power with purchasers, they switch on the brand haphazardly or with the goal of sparing a specific sum. PESTL and how this influences the presentation of another item or administration PESTLE examination is performed to assess the effect of the outer factors over the hierarchical exhibition and it is done so as to extricate the open doors accessible in the objective market. With the assistance of this investigation, association will have the option to choose and actualize the techniques so as to spread the data for the business or for the recently propelled item (Lamberg, Laukia Ojala, 2014). For example, Apple Company has declared as of late so as to present the iPhone 8, 8 or more and iPhone X together in the worldwide market. In this manner, before propelling those items in the worldwide market, Apple INC.s promoting group has led PESTLE examination for assessing the components which could influence the section of the association in the specific market. PESTLE Analysis P: Political factors, for example, charge rate, legislative approaches, and so on in connection with the shopper electronic products should be trailed by the Apple Inc. according to the nation so as to dispatch their telephones. E: Economical factors, for example, economy of the nation, the buying intensity of the purchasers, national pay, and so forth should be assessed all together learn the variables for presenting the item in the abroad market (Armstrong, et. al., 2014). S: Social factors, for example, way of life, buyer conduct, and so on and these should be satisfied by the association so as to meet the necessities of the shoppers. This causes the association to upgrade the interest for its items. T: Technological factors likewise assumes essential job so as to make the item remarkable and progressed. Apple INC. has improved their telephones quickly regarding innovation and this will make positive effect on the interest for the authoritative items (Khan, Alam, 2015). L: Legal factors, for example, copyrights, licenses, the deception of the highlights of different organizations, and so on necessities to consider while building up the new item. Else, it might make negative effect on the presentation of the association. SWOT examination and its utilization in the promoting plan SWOT investigation is the essential segment of advertising plan and it assists with assessing the qualities, shortcomings, openings and the danger for the organization with its rivals and through other outside components. In this situation, SWOT investigation of the McDonalds will be led so as to examine the results which will influence the choice of the association as far as the showcasing blend and with different components of the advertising plan (Sachdeva, 2015). Qualities of the McDonalds are its interesting items, espressos, burgers and its extending scope of burgers. Association has made their solid item offering in the abroad market and this has improved their salary in the downturn time frames moreover. Shortcomings of the association are finding brought together areas for setting up their new stores in the abroad market. In the inexpensive food industry, different organizations have been presented and with this impact, McDonalds items request is diminishing persistently. Open doors for McDonalds is to build their number of stores in the worldwide market just as to upgrade the open doors for the association, McDonalds needs to embrace certain methodologies all together contend with its rivals. Contenders, for example, Burger King, Pizza Hut, and so forth have affected the presentation of the McDonalds and to defeat from this circumstance, they are required to embrace one of a kind and propelled systems so as to beat its rivals procedures just as to build their client advertise section. Dangers for the McDonald are the passage of new organizations in the inexpensive food industry, scope of menu offered by them, and the costs offered by them in their underlying period. Guidelines forced by the legislature on the cheap food industry just as the normal testing of the inexpensive food items could produce negative outcomes for the association in future periods. Above SWOT investigation could make significant effects on the presentation of the association and on its methodologies remembered for the advertising plan, for example, showcasing blend. Showcasing blend is the methodology which is utilized to advance the new items and the new business in the objective market. This will be influenced if the quantity of contenders will be expanded in the cheap food industry. Division, focusing on and situating in showcasing (STP): Current patterns in the business of your decision STP procedures (division, focusing on, and situating) are utilized for propelling the new item or business in the objective market all together grows the business open doors for the association. These are pivotal components of the advertising plan and this encourages the association to achieve its ideal objectives and the destinations with the presentation of the new item and the business in the specific market. It has been seen that present pattern is changing quickly and clients are redirecting towards the utilization of marked array. Different marked attire producing organizations have received the systems, for example, statistical surveying, showcasing blend, PESTLE, and so on so as to grow their organizations on disconnected stages just as on online stages. For example, H M is a Swedish global dress assembling organizations popular for creating quick style garments for all age bunch individuals for the two people. Looking into the momentum patterns of the market, H Ms showcasing group has received different special and propelled techniques so as to advance their items in the abroad market with the assistance of print and the electronic mediums. With this, authoritative will have the option to spread the data in the crowd in pertinence with the starting of their items in the objective market. What's more, as H M is occupied with assembling for all age bunch crowd, along these lines, it i s important to play out the STP technique in a powerful way all together accomplish its objectives and the goals. In division procedure, all age gathering of individuals will be focused based on socioeconomics just as conduct sort of division process. After segm

Knowledge without application is worthless Essay

An extraordinary rationalist once stated, â€Å"Without information activity is pointless and information without activity is futile†Good morning women and refined men I’m Abdul Rafae and today I’m going to talk on ‘knowledge without application is useless’Humans have a typical capacity of applying nearly everything in their life. Discussing new designs, patterns, advancements however with regards to applying information, circumstance is marginally extraordinary. Not all individuals r specialists but rather the qs is the thing that needs most learned people that turns into a snag for them to turn into a specialist. Women and respectable men the appropriate response is as basic as that, they basically come up short on the capacity to utilize that information just wen it is requird.. I’ve frequently been hearing an old saying†¦knowledge is power. In any case, I never concurred with it. I realized it must be remedied to use of information is power since this is what’s significant. Packing us with futile information adds to no additional worth. Repetition learning of the books especially winds up is destroying one’s life. I don’t state being a proficient individual is awful yet on the off chance that one has the information yet neglects to execute it where required†¦he’s a man of no worth!Considering the opposition winning in our general public today, we’re now in a substantially more mind boggling state where everyone is looking for information either by book or criminal, yet with regards to utilization of that information we neglect to see ‘those geniuses’ getting fruitful. I’ll bolster my thought by a very notable model which I know would be satisfactory to all my kindred companions staying here. This model is of Bill Gates. Indeed I’m discussing probably the most extravagant man on earth today who isn't even a secondary school drop yet is controlling shoppers around the world. Presently what precisely do you believe is the way in to his prosperity? Luck†¦ Source†¦ Or unnecessary information? Let me reveal to you it was none of these three. Indeed for being another Bill Gates you have to have an energy and you have to realize how to apply your abilities regarding the need†¦.and women and respectable men trust me it perhaps conceivable that application along may get you to progress. Anyway information alone may not do as such. Presently let me characterize the distinction between having information and applying it. Lets assume for example you have a novel of your preferred writer yet you don’t realize how to peruse the words in it. Okay have the option to ever complete it?That’s precisely my point, when u don’t realize how to apply ur perusing abilities how wud u read?Interestingly every understudy needs a test free life, don’t we abhor tests? Indeed we do†¦ its harsh however a reality that on the off chance that we are not tried on what we obtain from our regarded instructors we may never figure out how to apply it. Consequently as opposed to considering them as a nite female horse make tests as a stride towards applying whatever ur educated. As time is restricted I might want to end my discourse by saying that I Abdul Rafae have 2 A’s in my o’levels till now and a fruitful instructive foundation. My motivation isn't to flaunt yet I’m pleased to state that I’m an information individual as well as I’m a man above that†¦ in light of the fact that I accept information is only the data and just by applying that data we make ourselves what we are. Much thanks to you!

7 of the Best Books About Mental Illness From 2019

7 of the Best Books About Mental Illness From 2019 One of the most practical ways to combat stigma around mental illness is to raise awareness in society about it, and what better way to do that than through books. This year saw headlines about a string of suicides of young K-pop artists and frequent news of celebrities deaths due to substance overdose, as well as the publication of some terrific and eye-opening books about issues related to mental health and illness. The Heartland by Nathan Filer (Faber) An incredibly profound book on a much misunderstood mental disorder by a mental health nurse and award-winning writer. Filer draws upon his experience of working in psychiatric wards and articulately reveals how the stigma surrounding schizophrenia impacts those affected by it. The Heartland is a vital read for everyone which brims with knowledge, wit and compassion. Mind on Fire by Arnold Thomas Fanning (Penguin) Fanning suffered from depression during adolescence, following the death of his mother. Some ten years later, an up-and-coming playwright, he was overcome by mania and delusions. Thus began a terrible period in which he was often suicidal, increasingly disconnected from family and friends, sometimes in trouble with the law, and homeless in London. Brilliantly written, this book is a haunting and poignant account of a person in the grip of illness and his subsequent path to recovery. Notes Made While Falling by Jenn Ashworth (Goldsmiths Press) This remarkable book gives visceral and eye-opening insight into childbirth, new motherhood, and the toll it takes on the body. Ashworth has crafted a brave and profound portrait of trauma and the art of survival. The Collected Schizophrenias by Esmé Weijun Wang (Penguin) This courageous and candid book of essays gives necessary insight into the obscure world of psychosis and chronic illness. Wang intimately reveals how mental illness impacted each aspect of her personal and social life. This is an illuminating and revelatory book for anyone seeking to understand what living with schizophrenia feels like. Bipolar Disorder The Ultimate Guide by Sarah Owen Amanda Saunders (Oneworld) Bipolar disorder is one of the most prevalent psychological disorders, yet there are a lot of misconceptions about it. This comprehensive guide manages to be incredibly informative and accessible for people newly diagnosed with bipolar and their loved ones. Exhaustively researched, it aims to debunk myths and challenge stereotypes regarding the disorder. Where Reasons end by Yiyun Li (Hamish Hamilton) This is a devastating masterpiece! Lis teenage son died by suicide out of the blue. In this book she attempts to come to terms with her loss by having imagined conversations with her son. Surprisingly funny and painfully affecting in parts, this is a profound meditation on the complexity of parenthood and grief. Dora: A Headcase by Lidia Yuknavitch (Canongate) This is an ingeniously contemporary reimagining of Freuds breakthrough case study from Doras perspective. Irreverent, absurdly hilarious, and audacious, Dora is a thoroughly entertaining look at the warped demands of adulthood and growing pains.

The Economics Of Protecting Industries In Australia - 275 Words

The Economics Of Protecting Industries In Australia (Essay Sample) Content: Analysis of Bovis Homes PLCNameCourseProfessorUniversityDateTask 1a. mNet asset value in Bovis homes plc 1630Property, Plant and Equipment 50Debtors (10)Revised NAV in BP plc 1670b.1. Ke = rf + (rm-rf)When is 0.8 Ke=3%+ 0.8 (6%-3%) = 3%+0.8 x 3% = 5.4%When is 0.1 Ke=3%+ 0.1 (6%-3%) = 3%+0.1 x 3% = 3.3%2.3.Vd should be adjusted because the figure illustrated in balance sheet is par value, their market value should be 820p per share in terms of share price at 31 December 2016 in the LSE.Therefore,Ve=134*8.2=1098.8m poundsVd=170*90/100=153mKd=2.67%When ke is 5.4%When ke is 3.3%C.When Ke is 5.4%, g=0%, The theoretical price isWhen Ke is 5.4%, g=2%, The theoretical price isWhen Ke is 3.3%, g=0 the theoretical price isWhen Ke is 3.3%, g=2% the theoretical price isD.EPS in 2015 is 90pMarket price on 31 Dec ember 2015 is 1015pMarket price on 31 December 2016 is 820pThe P/E ratios for the year 2015 and 2016 are 11.28 and 9.11 respectively. The average P/E ratio for the companys industry is 12, which is higher than both of the P/E ratios. This implies that the market does not have a lot of confidence in Bovis Homes PLC future earnings. The P/E ratio has also decreased from 11.28 in the year 2015 to 9.11 in the year 2016. The ratio getting worse implies that investors are losing confidence in the ability of Bovis Homes PLC to sustain its current earnings in the future. The P/E ratios for Bovis Homes PLC in the two years show that other firms in the same industry as Bovis Homes PLC have a greater potential of getting higher earnings, or that they have a lesser risk.Task 2(a)Definition of P/EPrice to Earnings ratio is one of the most familiar common stock valuation methods and has been used since the early 20th century. P/E ratio is obtained by dividing the market price of a share (numerato r) with Earnings Per Share (denominator) (Koller, Goedhart and Wessels, 2010). There are several justifications that support P/E in the valuation of stocks. First, earning power is considered the main driver of investment value. EPS then becomes the primary focus of investors and security analysts as it shows the earning power of the firm. Second, P/E ratio is widely used and recognized by investors across the globe. Third, a difference in P/E ratio may be related to a difference in the average returns on investment in those stocks. These grounds make many investors decide P/E ratio as the ratio of choice when deciding on which security to invest in.However, selecting the figure of EPS which is appropriate is not as straightforward as the figure of the current market price of the stock. The first issue dealt with when selecting the EPS figure is time horizon over which earnings of a stock has been measured. The second issue is the modifications to accounting earnings that an analyst makes to compare P/Es of different companies.There are two types of P/Es: a trailing P/E and a forward P/E. A trailing P/E is also called a current P/E and is calculated by dividing the current market price of stock by the four most recent quarters of EPS. The EPS in this calculations is sometimes called trailing 12 month EPS (Campbell and Thompson, 2008).TrailingPE=Current Market Price Per SharePrevious 12 months EPSThe forward P/E is sometimes referred to as the prospective or leading P/E. It is calculated by dividing the current market price per share by the forecasted future earnings for the next 12 months EPS (Damodaran, 2012).FowardPE=Current market price per shareExpected EPS for the next yearThe advantage of using the forward P/E over the trailing P/E is that it helps investors make decisions based on the predicted performance of the company in the coming year rather than use historical data. The trailing P/E can be affected by uncertainties the earnings growth in the futur e. Hence, many investors prefer a prospective P/E as the valuation of a stock is a progressive process(Pinto, Henry, Robinson and Stowe, 2010). The trailing P/E may be used when it is difficult to predict the future earnings of a company or when the forecasted future earnings are deemed unreliable by an analyst.A higher P/E is preferred since it is an indicator that the earnings of a particular company are expected to grow in the future. Also, when analyzing a company in a certain industry, it is important to compare its EPS with the average EPS of the industry. If it has a higher EPS than the average EPS, that implies that it is expected to grow its earnings than most of its peers. However, if its EPS is lower than the average EPS, it means that its earnings will grow slowly than the industry itself (Jitmaneeroj, 2017).Advantages of P/EP/E ratio is an easy method to use in valuing worth of a companys shares. It can be used even by people who are not well conversant with finance. To calculate it needs just dividing two figures, and the analysis is that the higher it is, the more expectation of future earnings growth. This is one of its main advantages, and even though it is a basic method and tool of analyzing the worth of stock, it can be used in making quick decisions.The P/E ratio is a better indicative means of the real value of a stock compared to the price alone. For example, a stock with a price of USD 50 and a P/E of 5 is much cheaper than a stock with a price of USD 5 and a P/E of 50. This applies if the two stocks are from the same industry. P/E can be used as an excellent tool for benchmarking stocks about the average of the industry or specific competitors.Disadvantages of P/EThe first limitation of P/E is that it is subjective in nature. Stock prices are usually volatile, and it is estimated that 40 100 investors who are the most active influence more than half of the stock prices change (McMilan, 2015). Also, then there is an optimistic sentimen t in the economic and business environment, stock prices tend to increase hence raising the P/E. During a recession in the economy, stock prices are undervalued lowering the P/E.Inflation is also a factor that influences the size of the P/E ratio. During inflation, earnings from a foreign country, or to a foreign country can be devalued hence creating a higher P/E. The inflation will cause the share price of the company to decrease and hence an overvaluation of the stock (Wei, 2010).Another disadvantage of P/E is that its interpretation is problematic. Two different analysts can come up with different recommendations using the same figure of P/E ratio. While one investor may consider a specific P/E ratio too low, another may view it as too high. This variation in the perception arises from the fact that the P/E ratio is solely a matter of the current market price of the stock.Dividend Growth Model (DGM)The dividend growth model is a method used by investors to measure the value of a firms stock. An investor becomes a shareholder of a company by buying its stocks and letting it use his or her money to meet the financial needs. In return, the company pays the investor dividend, which is profit for the funds invested. The dividend growth model is also called the dividend discount model since it gives insight into whether a stock is on sale. When using this method, investors do not take into considerations the customer loyalty or brand name. It takes into account the dividends to be paid next year, required rate of return or cost of capital and the growth rate of the dividends (Barth, Konchitchki and Landsman, 2013). The stock value can be calculated by the formulae below, which is applicable when there is a constant growth rate (Ohlson and Gao, 2006):Stock Value=D/(k-g)Where:D is the next years expected annual dividend per share.k is the required rate of return or the lowest rate an investor would accept to buy the stock.g expected growth rate of the dividend. Advantages of DGMThis method is easy to use it, and anyone can understand it well compared to other valuation methods such as discounted cash flow method. It requires only three variables, which once they are obtained, it is easy to calculate the value of stock.Secondly, this model has a logical and sound basis. It is based on the fact that stocks are purchased by investors so that they can receive payments in the future. Even though investors can buy stocks for a various number of reasons, the basis is that they would like a return on their money at some point.Thirdly, this model can be reversed and used to determine growth rates as predicted by experts. If investors know the predicted price per share of stock, then they can use the model to calculate the expected dividends. Expected dividends are useful to investors as they can know their expected earnings.Disadvantages of DGMThe first limitation of using this method is that it only applies to companies that issue dividends. This type of valuation cannot be done to companies that are not issuing dividends. Though many companies that are trading their stocks issue dividends, some few companies do not issue dividends for various reasons.The dividend growth model reflects rationality but not reality. Investors normally should invest in stocks that pay them the highest dividends. However, at times investors behave differently than they should behave. An investor may purchase a company not for its financial status or future dividends but for the fact that it is interesting or glamorous. This is the reason as to why there is usually a discrepancy between actual market value and intrinsic value.Thou...

The Sons Veto Essay - 1194 Words

The Sons Veto Thomas Hardy was a novelist and a great poet. He was born into the working class until he married into the upper class, forgetting about his past because of the embarrassment it caused him. He was born in 1840 and died in 1928. Sophy is an upper class woman with a lower class background who is used to working class expectations and not up to the standard of the upper class. Sophy had worked as a maid in the house of the reverend as a young girl and after his first wife died had stayed to look after the reverend. After an accident which left her partially lame, the reverend asked her to marry him. Her life would have been happier if she had married Sam instead. She would not have been caught between†¦show more content†¦After Rev Twycotts death, Sophy spent two long lonely years until she met Sam Hobinson. When she joined Sam for a ride, she took drastic measures not to be seen wrapping herself up in cloak and veil, not a soul was visible. They met in secret as social expectations would not allow them to meet. Sophy asked her son Randolf if she could have a life with Sam, his reply was that he hoped his stepfather would be a gentleman. This ruled out any hope for Sophy as Sam clearly was from the wo rking class. Hardy depicts Sophy as a victim of society throughout the short story. The Victorian society is portrayed as rigid, judgemental and prejudiced against the working classes. However, Sophys character is shown as having certain weaknesses that can be said to have contributed to her tragic end. Sophy is shown as a weak character with low self esteem. She also lacks the confidence to reprimand her own son when he rudely corrects her grammar Sophy hastily adopted the correction. The word hastily shows how she readily pleased her son due to her low self esteem. He seems to belong so little to me à ¢Ã¢â€š ¬Ã‚ ¦ I do not feel dignified enough to be his mother. This implies how little confidence in herself Sophy feels. Also I think that if Sophy had a higher self esteem she would have invited her family to the wedding and not allowed Rev Twycott to marry her in secret. Hardy also portrays Sophy as indecisive yet a person who can make rash decisions. This isShow MoreRelatedThe Sons Veto Analysis1528 Words   |  7 Pagesinterpreted from the evidence that Sam is a loyal, faithful and hard-working man who is determined to get Sophy’s hand in marriage, but ultimately failing. Theme Class division and inequality is a recurring theme in The Son’s Veto. Immediately from the start, it can be seen, when Sophy rejects Sam, who is of the same class as her, only to accept Reverend Twycott’s proposal, simply because he is of a higher class, and not because she loved him, which can be seen when HardyRead MoreThe Sons Veto by Thomas Hardy Essay1314 Words   |  6 Pagesin the news papers at that particular time. Hardy would set stories much earlier and use different names and places so he wouldn’t upset anyone. â€Å"The Son’s Veto† Was based on Hardy himself and stemmed back from his own experience with this mother. She works for a vicar at the time of class distinction and snobbery. In â€Å"The Son’s Veto† the marriage of sophy and twycott takes place this is convenient for sophy. â€Å"Well – do you want to marry? Not much. But it would be a home for me andRead MoreCharacterization Summary Themes of the Sons Veto1732 Words   |  7 Pagesshe realizes that she would have been happy with Sam but Randolph does allow her the freedom to make her decision and follow it. Too long Sophy has allowed others to control her life. Her immobility becomes a symbol for her dependence in life on her son’s will. Randolph Twycott: Randolph is a poor specimen of humanity. Even as a young boy he displayed a rather bad attitude towards his mother that bordered on impatience. As he grows up, he becomes acutely conscious of the difference in their statusRead MoreComparing the Suffering Between Rhoda in The Withered Arm and The Sons Veto651 Words   |  3 PagesComparing the Suffering Between Rhoda in The Withered Arm and The Sons Veto in the tale The Withered Arm in the story The Sons Veto are both very lonely women. Both of these women and have been mistreated by men, but none of them ever speak out for themselves to tell the men that their behaviour is unacceptable. Women who were treated by men were just expected by their fathers (if the husband is rich) to just keep quiet and be happy that they are financially supportedRead MoreEssay about Sophy Twycott In The Sons Veto as A Victim of Society1356 Words   |  6 PagesSophy Twycott In The Sons Veto as A Victim of Society The Sons Veto, tells the story of Sophy Twycott, a working class girl who marries an upper-class man, Mr Twycott, a vicar who she was a maid for and they have a child together and moved to London in order to escape gossip. Mr Twycott then dies, paying for the Sons education and preparing a villa for Sophy. Years later Sophy sees Sam Hobson again, the man who she was going to marry years ago but instead chose Read More Thomas Hardys The Sons Veto, Graham Greenes The Basement Room and alan Sillitoes Uncle Ernest1496 Words   |  6 PagesThomas Hardys The Sons Veto, Graham Greenes The Basement Room and alan Sillitoes Uncle Ernest In each of the three stories, The Sons Veto by Thomas Hardy, The Basement Room by Graham Green and Uncle Ernest by Alan Silitoe, the respective writer conveys a sense of isolation regarding the central character. There are numerous similarities between the characters based on their common plight, but each story differs in the portrayal of these characters. The writers effectively presentRead More Comparison Between The Sons Vito and Kiss Miss Carol Essay1256 Words   |  6 Pages Comparison Between The Sons Vito and Kiss Miss Carol The differences in both stories are style and language, settings and culture against the social class. The similarities in both stories are feeling that you dont belong to a certain place or area, feeling isolated and trapped, and being unable to do anything because of someone who has more power and are controlling you. Other similarities are the love for their birthplace, education, making important decisions,Read MoreAnalysis Of The Poem Sandpiper And Sophy On The Son s Veto 1170 Words   |  5 PagesHow could, both the narrator in ‘Sandpiper’ and Sophy in ‘The Son’s Veto’, evoke feelings of both sympathy and frustration? –DRAFT-4 Manzar â€Å"The chaired lady†Ã¢â‚¬ ¦ This is one of the first impressions of Sophy that Hardy presents to readers. The word ‘chaired’ suggests a sense of weakness, inability and insignificance. These ideas are crucially embedded through Sophy in â€Å"The son’s veto† and the narrator in â€Å"Sandpiper†. The authors do this to emphasise the tragic lives of the characters and how theyRead More Analyse the relationship between the mother and her son in The Sons1513 Words   |  7 PagesAnalyse the relationship between the mother and her son in The Sons Veto by Thomas Hardy showing how their behaviour and attitudes were affected by society. The Sons Veto is a short story that focuses on a woman, Sophy, who is torn between two conflicting social classes. Sophy is an uneducated parlour maid who marries a man above her class to secure her future. The son that is the outcome of the marriage is arrogant and self centred. He acts as thought he is superior to his mother becauseRead MoreWithered Arm Analysis Essay1188 Words   |  5 Pagesfamily members around him. Many of hardy’s stories are loosely based on his own life and experiences. ‘The withered arm’ is ‘full of memories of Hardy’s youth’ and includes some of his experiences. Thomas Hardy once told an ‘admirer’ that ‘The son’s veto’ was his ‘best short story’. This is most probable because it is a story which shows strong feeling against class distinction, prejudice and snobbery. This is why I’ll be choosing these two stories out of Hardy’s vast collection to analyze the way