Saturday, October 12, 2019

The Fat Lady Essay -- character Analysis, Dr. Yalom, Betty

The Fat Lady Book Report In the third story of Loves Executioner: â€Å"The Fat lady†, Dr. Yalom decides to treat a twenty-seven year old overweight woman named, Betty. Though Dr. Yalom was reluctant to treat Betty at first due to her being overweight, Dr. Yalom decided to put his counter-transference issues aside and views treating Betty as a way to improve his skills as a therapist. Not only does Dr. Yalom learn throughout working with Betty that there was more substance to her than he had initially had thought, as throughout the course of treatment Dr. Yalom connected with Betty, overcoming his counter-transference issues, while helping her uncover the pathology of her depression and the reasons for her binge eating. During Betty and Dr. Yalom’s first initial meeting, Yalom is taken back by Betty’s physical appearance as he goes into explicit detail for his distaste for fat woman as he states, â€Å"I always been repelled by fat women. I find them disgusting: their absurd sidewise waddle, their absence of body contour, breasts, buttocks, shoulders, jaw lines, and cheekbones, everything I like to see in a woman obscured in an avalanche of flesh.† (Yalom, 2000 p. 94) Dr. Yalom then asks Betty what is troubling her, which she tells Yalom that she has been depressed since she has moved to California due to a job transfer and her eating has been out of control. Dr. Yalom, realizing his counter transference issues may make it hard for him to relate, or even treat Betty, instead views Betty as a challenge of being able to overcome his aversion toward fat women and decides to wholeheartedly give all the time and dedication into treating her. (Yalom, 2000) In the next few sessions, Dr. Yalom finds Betty’s endless chatter about her life unin... ...anged; embarrassing Yalom admits he did not feel comfortable with obese people. Betty berates Dr. Yalom, telling him that he never once touched her in the whole therapy session, let alone look at her directly for the first six months. Betty then lets Yalom know that ironically she as well cannot stand fat people either which is the reason why she has hates groups. Dr. Yalom then gives her a hug, surprised that he is able to put his arms around the once obese two hundred and fifty pound woman. Not only in the end did Dr. Yalom learn to move past his counter-transference issues he had with fat women, but he grew with his patient as they both took something away from therapy, Dr. Yalom became more empathetic towards Betty’s despite her initial obese appearance. As with Betty as she not only lost weight, but she became more confident in herself and intimate with others.

Friday, October 11, 2019

Case Study of Bg Group

A. METHODOLOGIES: 1. The Weighted Average Cost of Capital (WACC) Approach: This method offers a wide range of advantages. For instance, the Capital Assets Pricing Model (CAPM) is employed in the calculation of the Cost of Equity. Thus, the discounted rate of 7. 58 percent used in figure 1. 12 Appendix is likely to be precise. The total value of the firm is $4. 73 billion. Nonetheless, in view of the probabilities of forecasting errors in the estimation of cash flows, the degree of precision does not guarantee an accurate result.Another drawback of the approach would be the failure to allow for the impacts of real options available to management on future cash flows. Hence, this method is considered as an alternative for crosschecking. The assumptions are the dividends grow constantly in perpetuity at 3 percent and the debt ratio is also constant at 28. 1 percent. For further analysis, please refer to item 2a and 3c in the Appraisal. 2. The EBIT Multiples Approach: Under this methodol ogy, the debt-equity ratio was not required. Thus, the value of the firm is approximately $4. 3 billion after liquidity discount was taken into account. This yields an insignificantly different result compared to the result under the WACC method. However, since the average EBIT multiples strongly depend on the comparable companies in the industry, reliable information is less likely to be available in practice. Therefore, another approach is employed. 3. Adjusted Present Value (APV) Approach: The APV method is more complicated than two methods mentioned earlier inasmuch as it takes account of unlevered value of the firm and the interest tax shield.Recent complexity of the method notwithstanding, APV provides management with an explicit valuation of interest tax shield and an assumption of constant debt-equity ratio is unnecessary. According to figure 1. 10, the total value of the firm before synergies is $5. 02 billion. Nonetheless, this method ignores the costs of financial distres s, which might lead to an overvaluation of the firm with a significantly high debt ratio. 4. Conclusion: Under different methods employed above, the range of difference appears to be immaterial.Thus, the value of the firm before synergies is expected to be approximately $4. 89 billion on average. For the purpose of consistency, APV method is selected for further analysis of the value of the firm both before and after synergies. B. FINANCIAL ANALYSIS: 1. Free Cash Flows (FCFs) Valuation: The present value of the cash flows is calculated based on the WACC rate and it is estimated at $1. 28 billion. The rate is used by reason of the assumption of different components, for instance cost of equity and cost of debt. For further information of the assumption, please refer to the Appraisal. . Terminal Values and Long-term Growth: The terminal value before synergies is $3. 45 billion whereas this amount after synergies is $8. 36 billion. In details, the synergies revenues and the backhaul sy nergies savings are the major contributors to the significant difference. Additionally, the terminal value represents the market value of free cash flows from AirThread Connections at all future dates. This, thereby, lends the analyst the plausibility to believe that the discounted rate is equal to the WACC rate of 7. 58 percent.Lastly, to be conservative, that is, in the worst scenario, the figure of growth rate obtained in the Appraisal is around 3. 0 percent. 3. Non-operating Investment in Equity Affiliates: This amount of $1. 72 billion is equal to Equity in Earnings of Affiliates times the historic P/E multiple for the industry at 19. 1. These investments are valued under the market multiple approach because a thorough due diligence is not possible to be conducted. 4. Value of Operating Assets: This value is equivalent to the present value of the target company on a going concern basis.It is estimated at $5. 02 billion before the synergies and at $10. 38 billion after the syner gies. However, since the value of non-operating assets is not taken into account, the total value of the target company is not fully reflected. 5. Enterprise Value: The Enterprise value is equal to the sum of the value of operating assets and the value of nonoperating assets. i. Before Synergies: In this case, the synergies related business revenues and the backhaul synergies savings are not considered. The FCFs ppear to be more immaterial accordingly. It, therefore, leads to a lower Intermediate Term Value of $1. 57 billion and a lower Enterprise Value of $6. 74 billion. ii. After Synergies: With the effect of synergies, the FCFs and, thus, the Enterprise Value of $12. 1 billion appear to be more material. Importantly, the significant difference is contributed by the cost-saving efficiency in backhaul costs and the network utilization. Thus, more advantages would occur. Firstly, administrative expenses such as auditing fees are reduced.Secondly, the market share will, in essence, i ncrease and monopoly gains due to large regional client bases from the target company could be expected. The company will be able to set a higher price and to increase a sheer volume of sales. Also, the company will gain more reputation and the cost of capital will be lower accordingly. Lastly, due to its new size, the company will have more bargain power and the relationships with banking entities will be better. Consequently, the cost of borrowing tends to decrease. Case Study of Bg Group A. METHODOLOGIES: 1. The Weighted Average Cost of Capital (WACC) Approach: This method offers a wide range of advantages. For instance, the Capital Assets Pricing Model (CAPM) is employed in the calculation of the Cost of Equity. Thus, the discounted rate of 7. 58 percent used in figure 1. 12 Appendix is likely to be precise. The total value of the firm is $4. 73 billion. Nonetheless, in view of the probabilities of forecasting errors in the estimation of cash flows, the degree of precision does not guarantee an accurate result.Another drawback of the approach would be the failure to allow for the impacts of real options available to management on future cash flows. Hence, this method is considered as an alternative for crosschecking. The assumptions are the dividends grow constantly in perpetuity at 3 percent and the debt ratio is also constant at 28. 1 percent. For further analysis, please refer to item 2a and 3c in the Appraisal. 2. The EBIT Multiples Approach: Under this methodol ogy, the debt-equity ratio was not required. Thus, the value of the firm is approximately $4. 3 billion after liquidity discount was taken into account. This yields an insignificantly different result compared to the result under the WACC method. However, since the average EBIT multiples strongly depend on the comparable companies in the industry, reliable information is less likely to be available in practice. Therefore, another approach is employed. 3. Adjusted Present Value (APV) Approach: The APV method is more complicated than two methods mentioned earlier inasmuch as it takes account of unlevered value of the firm and the interest tax shield.Recent complexity of the method notwithstanding, APV provides management with an explicit valuation of interest tax shield and an assumption of constant debt-equity ratio is unnecessary. According to figure 1. 10, the total value of the firm before synergies is $5. 02 billion. Nonetheless, this method ignores the costs of financial distres s, which might lead to an overvaluation of the firm with a significantly high debt ratio. 4. Conclusion: Under different methods employed above, the range of difference appears to be immaterial.Thus, the value of the firm before synergies is expected to be approximately $4. 89 billion on average. For the purpose of consistency, APV method is selected for further analysis of the value of the firm both before and after synergies. B. FINANCIAL ANALYSIS: 1. Free Cash Flows (FCFs) Valuation: The present value of the cash flows is calculated based on the WACC rate and it is estimated at $1. 28 billion. The rate is used by reason of the assumption of different components, for instance cost of equity and cost of debt. For further information of the assumption, please refer to the Appraisal. . Terminal Values and Long-term Growth: The terminal value before synergies is $3. 45 billion whereas this amount after synergies is $8. 36 billion. In details, the synergies revenues and the backhaul sy nergies savings are the major contributors to the significant difference. Additionally, the terminal value represents the market value of free cash flows from AirThread Connections at all future dates. This, thereby, lends the analyst the plausibility to believe that the discounted rate is equal to the WACC rate of 7. 58 percent.Lastly, to be conservative, that is, in the worst scenario, the figure of growth rate obtained in the Appraisal is around 3. 0 percent. 3. Non-operating Investment in Equity Affiliates: This amount of $1. 72 billion is equal to Equity in Earnings of Affiliates times the historic P/E multiple for the industry at 19. 1. These investments are valued under the market multiple approach because a thorough due diligence is not possible to be conducted. 4. Value of Operating Assets: This value is equivalent to the present value of the target company on a going concern basis.It is estimated at $5. 02 billion before the synergies and at $10. 38 billion after the syner gies. However, since the value of non-operating assets is not taken into account, the total value of the target company is not fully reflected. 5. Enterprise Value: The Enterprise value is equal to the sum of the value of operating assets and the value of nonoperating assets. i. Before Synergies: In this case, the synergies related business revenues and the backhaul synergies savings are not considered. The FCFs ppear to be more immaterial accordingly. It, therefore, leads to a lower Intermediate Term Value of $1. 57 billion and a lower Enterprise Value of $6. 74 billion. ii. After Synergies: With the effect of synergies, the FCFs and, thus, the Enterprise Value of $12. 1 billion appear to be more material. Importantly, the significant difference is contributed by the cost-saving efficiency in backhaul costs and the network utilization. Thus, more advantages would occur. Firstly, administrative expenses such as auditing fees are reduced.Secondly, the market share will, in essence, i ncrease and monopoly gains due to large regional client bases from the target company could be expected. The company will be able to set a higher price and to increase a sheer volume of sales. Also, the company will gain more reputation and the cost of capital will be lower accordingly. Lastly, due to its new size, the company will have more bargain power and the relationships with banking entities will be better. Consequently, the cost of borrowing tends to decrease.

Thursday, October 10, 2019

Barriers to Critical thinking

Work that demonstrates the qualities in this column is considered to be excellent work or an A Demonstrates Basic Skill Sets Work that demonstrates the qualities in this column Is considered to be Average to Above Average, or B to C Demonstrates Skill Building Needed on Skill Sets Work that demonstrated the qualities in this column is considered to be below average or a D or F The discussion put forth in this assignment demonstrates excellent communication skills.The topics are explored with explicit detail and analysis. Writing skills are excellent, communicating Ideas succinctly. This work functions at the top of the assignment guidelines. This depth of discussion in this work is demonstrated by the work meeting or exceeding the high word count range listed in the assignment. The discussion put forth in this assignment demonstrates an understanding of the assignment but perhaps does not fully develop the Ideas In a complex content. Details may be missing or not fully explained. Cri tical connections are not completely roger between opinions and commentary/source materials.The writing skills may need some development. This work functions at the mid-range of the assignment guidelines. The depth of discussion in this work is demonstrated by meeting the middle of the word count range in the assignment. Connection to the assignment concepts. Faulty or unfocused commentary does not show a clear-cut thought process. Little to no connection is made between opinions and outside sources for support. The writing skills need to be developed in order to enhance communication of ideas in writing. This work functions as the lower range of the assignment guidelines.The depth of discussion in this work is demonstrated by not meeting the low/ minimum word count range given in the assignment, or Just meeting the minimum word count of the assignment. 75% The work provides comprehensive understanding of the assignment intent. 0 Content meets the assignment task requirements Conten t demonstrates critical thinking without bias 0 Content is complex enough to demonstrate a depth of understanding of the topic in focused discussion The work provides average to good understanding of the assignment intent. 0Content meets the assignment task requirements in general Content does not move beyond the average interpretation of the issue at hand, may present some bias Content is not complex enough to demonstrate a depth of discussion for the topic – more detailed discussion required – discussion may lack some focus The work provides a lack of understanding of the assignment intent. 0 Content does not meet the assignment task requirements demonstrate an understanding of the topic at hand, presents bias 0 Content is not complex enough to demonstrate an understanding of the topic – focus on the topic is not clear.

Emma & Clueless

Intro: C appropriates E’s 19th Century context into a contemp. Beverley Hill’s society embedded in material availability and conspicuous consumption. o Austen’s PURPOSE not changed ( C ( satire of context and human nature ( C has other purp. ( Question value and validity of texts ( POMO TRANSFORMATION THESIS: The transformation of a text helps develop and mold new meaning to its counterpart, and hence deepen the understanding of each text.However , it is important to note that for this meaning is to be conveyed, many of the themes within the original text must remain the same, it is the context and the values inherent within these themes that change. o Both texts present, deluded central character living in own upper-class microcosm. †¢ Emma living in C19th England ( ‘handsome, clever and rich’ woman of ‘one and twenty’ with ‘nothing much to distress or vex her’. ? Lives in a world based around inheritance, breeding, ma nners and respectability as means for social valuing. Cher is a 15 year old living in the ‘Noxema commercial’ ‘land of imagists’ that is Beverley Hills in the 1990’s. ? Social values based upon material availability, image and conspicuous consumption. o Both protagonists attempt to transform a protege of lower class and elevate them to their higher status. oEmma’s naive intention of transforming Harriet by refining manners and intelligence (not to mention elevating ego) = IRONIC. ( contradicts stagnant class mobility of C19th England. LINK ( sense of hierarchy retained in C. ? Cher introduces Tai to school cliques ‘Persian Mafia’ ( reflects sense of materialism and conspicuous consumption of society ( ‘you have to own a BMW to sit with them’. ( ALSO REFLECTED IN FIRST SCENE ( MONTAGE. o ‘Loadies that no respectable girl would date’ o LOADIES comment ironic because Cher tells Tai in the scene before that c hoosing a BF is a decision that ‘every girl has to make for herself’. o TAI ( her transformation is aesthetic (not like in E) through ‘Cher’s main thrill in life – a make-over†. ( reflects extent of importance placed on image and superficiality in modern context. When first presented with Tai she stands out dramatically wearing a flannel shirt, and with died red hair ( as opposed to everyone in gym scene wearing black and white ( she is an outsider, of another class. ?INTERESTING ( although she is supposedly moved up in class, she is always subtly dressed differently to Cher and Dionne ( collars, etc, o Ease with which Tai changes social status gives sense of social fluidity, as does fact that Tai talks back to Cher in confrontation ( â€Å"you’re a virgin who can’t drive†. LINK ((( more subtle in Emma where Harriet doesn’t confront Emma, but distances herself by communication through letters. (( Travis’ eleva tion of class also gives impression of social fluidity ( he gets off drugs, becomes serious about skateboarding and joins a rehabilitation program. THIS IS UNDERCUT BY COSTUMING IN WEDDING SCENE. AND ALSO THROUGH FINAL COUPLINGS IN FILM ( HECKERLING UPHOLDS AUSTEN’S SENSE OF HIERARCHY.( TELEOLOGY REFUTED. o Although idea of ‘coupling’ in C does not lead to marriage (as in Emma), important to note fact that marriage, or at least a ‘wedding’ is the ideal and final goal for women. RE: final scene ‘I want sailor hats’ o In C weddings are deemed more important than marriage itself ( ‘you divorce wives, not children’; ‘husband number five’. o Although marriage is not equally valued in both contexts, the idea of DOMESTICITY is. In the C19th context of Emma, there was an up rise of the bourgeois and of their domesticity-based values. o This is also reflected in C WHEN Cher’s father values her for the menial tasks she performs in the home ‘ who takes care of the house? Who makes sure daddy’s had his orange juice? ’LEADS BACK TO THE IDEAS OF FEMALE OPPRESSION AND THE REBUFFING OF THE NOTION OF TELEOLOGY. BOTH TEXTS ARE BILDUNGSROMANS o Both deal with the personal and character transformations of heroines. o Satirical social comment on composed contexts. o Transformation catalysed by male protagonist ( heroine has to submit to being wrong. CONTEXT CHANGED o Inherent themes same ( breakdown of high culture into POMO setting/society o COHERENT UNDERSTANDING OF E FOR SOCIETY EMBEDDED IN MATERIAL AVAILABILITY AND CONSPICUOUS CONSUMPTION. oCHANGE OF MOP ( reflective of context ( change of narrative voice to voice over o Omniscient 3rd person is visual language in CLUELESS o EG. Emma : ‘we’re just friends’ (in respect to Mr Elton o Omniscient 3rd person :’had it been 10x more, 10x less, her companions admiration for her would’ve remained the same ’. o EG. Cher : ‘I have a way normal life for a teenager’ o Shot of her picking out her clothes from a motorised wardrobe. ? IRONY AND CONTRADICTION BETWEEN AURAL AND VISUAL. †¢ Both texts still satires of respective worlds. Conclusion. RE: POMO INTRO AND RELATE BACK TO QUESTION. ALL ABOUT VALUES AND ATTITUDES.HECKERLING IMAGINATIVE, ETC IN TRANSFORMATION OF TEXT BUT REMAINS TRUE TO AUSTEN’S PURPOSE ( TO QUESTION AND SATIRISE THE FOIBLES OF HUMAN NATURE. WHILST ADDING TO HER OWN; THROUGH THE TRANSFORMATION OF EMMA, HECKERLING HAS PROVEN THAT EVEN A ‘TEENPIC’ CAN BE VALUED, AND HENCE REINSTATES HER POST-MODERN BELIEFS WITHIN THE TEXT. EMMA AND CLUELESS CONTRIBUTE OT DEVELOPING AND RESHAPING THE VALUE OF EACH TEXT. EMMA ALLOWS CLUELESS TO BE VALUED, WHILST CLUELESS ALLOWS EMMA TO BE UNDERSTOOD AND ACCESSIBLE TO A COHORT GROUNDED IN A CONTEMPORARY CULTURE.

Wednesday, October 9, 2019

Business writing Essay Example | Topics and Well Written Essays - 250 words - 2

Business writing - Essay Example This paper will examine imperative areas to consider before investing in a country like France. One of the areas that need monitoring is the French economy. It is tantamount for anyone interested in investing in a foreign land to identify the state of their economy. To ensure his/her stability after the investment, an investor needs knowledge on the economic standing of the country over the past years. This presents them with the autonomy to choose if they are willing to invest in that country, or not. Whatever an investor is going to invest in the foreign land, they must look at the government’s stake in all of it. Government interests are always an area of concern. As an investor, one should be wary of their hand in some of the corporate dealings (Bureau of Economic and Business Affairs 2). One needs government authorization for some ventures, and it is crucial to involve government authorities. In conclusion, to invest in any foreign land, some requirements must be met. These requirements enable one to work effectively, and without many problems. Some transfer policies make it hard for foreign investors to make a profit from their activities (Bureau of Economic and Business Affairs 3). This is another area that one needs to focus on to avoid inconveniences, or losses. Knowledge gained in such a field enables one to flourish and benefit from such investment. Through all this, growth and development in the local area is

Tuesday, October 8, 2019

Cryptography Research Paper Example | Topics and Well Written Essays - 1000 words

Cryptography - Research Paper Example The construction of c is done in such a way that there are elements which are redundant in it. This will, therefore, enable the receiver to reconstruct c even if some bits of c are corrupted by noise; the receiver will eventually reconstruct m (Gary 93). In a formal manner, an error correcting code is composed of a set, C? {0, 1} n of codewords. This set has strings which enables messages to be mapped in it before they are transmitted. In this case, a code that will be used for k-bit messages, C will have 2k elements which are distinct. So that there is some redundancy, there will be a need to have n>k. codes that are used for correcting errors can be defined in spaces which are non-binary too and this paper has construction which is straightforward and extensible in these non-binary spaces (Denning 72). For error correcting codes to be used, there will be a need for functions that will enable us to encode and decode messages. In this paper we will let M = {0, 1}k be a representation of the space message. There is a translation function, g : M C, which represent a one-to-one mapping capability of messages to codewords. What this means is that g is the mapping that is used before the transmission takes place. On the other hand, g-1 is the function that is used upon receiving of messages to retrieve codes in the codeword. There is a function, referred to as decoding function that is used for mapping n-bits that are arbitrary to codewords. This is the function, f : {0, 1}1 C U {O}. If the f function is successful, it will manage to map a given string which has n-bits x to the nearest codeword that is found in C (that is, the proximity to nearness in Hamming distance). If this not the case, then f will fail and the output will be O3. The robustness that an error-correcting code has will depend on the distance between the codewords. To make this more definite, we will need some fundamental notation that regard strings of the binary digits. For this case, we will use + and – to represent bitwise XOR operator on the bit strings. We will use a measurement Hamming weight, which is the number of ‘1’ bits that are found in u. The Hamming weight is denoted by ||u|| (this is the weight of a string which has n strings). The Hamming weight has a precise definition of the number of ‘l’ bits that are found in u. In the same perspective, the Hamming distance that is found between two strings, u and v is defined as the number of digits that make two strings to be different (Gary 62). In an equivalent manner, the Hamming distance will be equal to ||u - v||. We normally take it that a function that is used for decoding, that is function f, will have a correction threshold with a size of t if it has the ability to correct any set of t bit errors. In a more definite manner, for any codeword c â‚ ¬ C, and any error term e â‚ ¬ {0, 1}n, that has || e ||? t, this is the case that f(c+e) = c. in this case, we will regard C to have a correction threshold which has a size of t if there is a function f for C for t, which also has a correction threshold of size t. there is a an observation that the distance that is found between two codewords in C should have a distance of at least 2t + 1. The neighborhood of a codeword c is defined to be f-1 (c). This means that the neighborhood of c has a subset of strings that are n-bit long where f maps to c. the function that is used for decoding, that is function f, is set in such a way that f-1(c) has a close proximity to c that any other code word that

Monday, October 7, 2019

Reading response Essay Example | Topics and Well Written Essays - 500 words - 32

Reading response - Essay Example The amazing thing is that most of the ideas extended by the original work and its critics are in the nature of fictitious blames and lack any substantial material to base them on. The article also shows how the nation has a long standing history of being scared of minorities and diversity. It was not without a reason that the book, The Awful Disclosures of Maria Monk won an avid readership, not only in her days, but even today. The irony that the American masses do have a history of being afraid of the foreign and the different does ensue from this article. The writer in a way does succeed in bringing out the fact that the work The Awful Disclosures of Maria Monk did intend to present the Catholic Church as a symbol of evil and it strongly intended to present the Catholic priesthood as embodiment of carnal pleasures and immorality. The author brings out the fact that Maria Monks never resided in a Catholic convent and that her mental capacities and morality were never beyond doubt. There is other side of the coin also. It is obvious that the writer Ruth Hughes is a Catholic and intends to unravel the lying and falsehood resorted to by Maria Monks and her supporters, to debase and vilify the Catholic Church. However, while doing so, Hughes did fail many times to show the kindness, compassion and forgiveness that so typically define the Catholic faith. Instead one is resorting to the kind of aggressive and base tactics that were resorted to by one’s opponents. Ruth Hughes is trying to do away with the accusation made by Maria Monks and her supporters by vilifying their character and sense of morality and ethics. It would have been much saner if Hughes had come down on this vilification of the Catholic by taking a higher ground. This would have presented one’s faith to the readers in a more favorable and benign light and would have brought out the irresponsible