Monday, December 30, 2019

The Traditional Role Of Domestic Servitude Under A...

Latin American women have faced centuries of gender discrimination and exploitation that have limited their participation in social, economic, and political endeavors. The traditional role of domestic servitude under a patriarchal society has occasionally included entering the general workforce in order to meet the economic needs of a family, but the continuous battle against gender biases has stifled their advancement. As a result of the constraints placed on women, many sought refuge in convents that sprang up across the continent in hopes of improving their quality of life. The convent offered women many new opportunities they would not otherwise have, but it too was fraught with internal discord based on gender, race, ethnicity and social stratification. By the mid-sixteenth century, most major cities in Latin America had at least one convent and over time larger cities such as Mexico City had as many as twenty. The generosity of wealthy benefactors often provided the necessary funds to keep older convents in operation or to build new ones. The Spanish monarchy also donated a considerable amount of funds for the maintenance of monasteries in order to keep a Catholic presence in the communities. Additionally, the influx of capital from the dowries of wealthy women of upper- and middle-class families entering the cloister would bolster the convent’s coffers and it was common for more than one daughter in a family become a nun. The convent also profited when the womenShow MoreRelatedEntrapment Of Household: Analysis Of â€Å"A Doll’S House†.1657 Words   |  7 Pagesinstitution of marriage in his plays. A Doll’s House presents the aftermath of nineteenth-century patriarchal husbandry like those in Susan Glaspell’s play, â€Å"Trifles†. In many of the parlor plays of this era, female spectators reflect on their individual situations, revealing the unsatisfying nature of a woman’s position in marriage which a lters their cultural and spatial conception of the domestic (Mazur 14-15). While male spectators frequently use terms such as hysteria, abnormality, and unacceptabilityRead MoreWomen And The Mexican Feminist Movement1589 Words   |  7 PagesWomen in Mexico endure unbelievable hardships all due to their gender. Mexican women are faced with inescapable gender roles that cast females into cruel and subservient positions. Women are treated as second tier to their male counterparts and are commonly treated as subhuman. 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These standards have been articulated in national constitutions and internationalRead MoreWomen as Commodity8915 Words   |  36 Pagestricked as commodity. In Shakespeares Much Ado About Nothing, not only focused on the love story of Claudio and Hero; the volatile relationship of Beatrice and Benedik but it also goes much deeper in exploring the tensions between the sexes in a society where female chastity is equated with virtue, and that virtues serve as the measurement of a womans worth. In women in the story interprets Shakespeares viewpoint about women state before. That women were treated as commodities on the early modernRead MoreWomen as Commodity8899 Words   |  36 Pagesas commodity. 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Sunday, December 22, 2019

What is your reaction when people stare or look at you in...

What is your reaction when people stare or look at you in elevator? People normally avoid facing others when they are in elevator, and it has been a norm that most people follow. The reason of doing this project is to see people’s reaction when others are breaking the norm of riding elevator. By doing this project we developed three steps of observations in elevator, which were examining people who follow the norm without violation, being an observer and a violator to watch the rider’s reaction when the norm is violated. Also, we would discuss about two main parts of the norm violation such as the process during the violation and the personal difficulties of breaking the norm. In the first step, my partner and I started observing the†¦show more content†¦In elevator with broken norm, Asians showed dislike when they being stared or watched, but they still avoided facing others, and Americans showed two different reactions such as evading eye contact and looking straight with greets. In this result, I speculated people’s reaction in the norm of elevator is not only causing by the different cultures, but also the reaction depends on how people’s moods are each days. In the third step, I exchanged the position with my partner. Being a violator to break the rule was a first time for me. To success this process of breaking the norm, I found hard time to break it up. The reactions of riders were showing annoyed and violated when I stared at them. However, I figured out there is age involving in the norm. When I saw the American parents with their children, the children didn’t turn their heads away but they kept looking at me. Therefore, the theory of mine that saying people follow the norm in elevator did not verify on children. During the observation, I discovered observer are also a violator because being an observer I had to look at the reaction of the riders and the violator, which it made me became a part of violator by facing and looking at others, but being as an observer was more easier than being a violator for me. As a violator, I had to tell myself to look at the ridersShow MoreRelatedInterview Questions and Answers16418 Words   |  66 Pagesquestion. But these few words can put you on the spot in a way no question can. Many quickly lose control of the interview during the most critical time- the first five minutes. This is not the time to go into a lengthy history or wander off in different directions. Your response should be focused and purposeful. Communicate a pattern of interests and skills that relate to the position in question. Consider your response to this question as a commercial that sells your autobiography. Provide an answerRead More65 Successful Harvard Business School Application Essays 2nd Edition 147256 Words   |  190 Pagesat St. Martins, Matthew Martz. x INTRODUCTION You are inspired, hopeful, accomplished, and eager. You seek per, sonal and professional advancement via an MBA that will prepare you for leadership challenges in any business field. You are aware, however, that Harvard Business School receives about ten thousand applications annually, and you are uncertain how to make your ap.... plication stand out. We understand. We have been in your shoes. This book seeks to demystifythe admissions processRead MoreProject Managment Case Studies214937 Words   |  860 Pagesdisclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives orwritten sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, conseq uential, or other damagesRead MoreAutobilography of Zlatan Ibrahimovic116934 Words   |  468 Pagesdream. I was playing in the best team in the world and had been welcomed by 70 000 people at the Camp Nou. I was walking on clouds. Well maybe not entirely, there were some bullshit in the papers. I was the bad boy and all that. I was difficult dealing with. But still, I was here. Helena and the kids were also good. We had a nice house in Esplugues de Llobregat and I felt fully charged. What could go wrong? Hey you, Guardiola said. Here in Barca we keep our feet down on the ground. Sure,Read MoreFundamentals of Hrm263904 Words   |  1056 Pagesresources, WileyPLUS gives you everything you need to personalize the teaching and learning experience.  » F i n d o u t h ow t o M A K E I T YO U R S  » www.wileyplus.com ALL THE HELP, RESOURCES, AND PERSONAL SUPPORT YOU AND YOUR STUDENTS NEED! 2-Minute Tutorials and all of the resources you your students need to get started www.wileyplus.com/firstday Student support from an experienced student user Ask your local representative for details! Collaborate with your colleagues, find a mentor

Saturday, December 14, 2019

Estimation of Production Function of Public Sector Banks Free Essays

Project| Estimation of Production function of Public Sector Banks | | | Contents 1. INRODUCTION3 2. Methodology4 2. We will write a custom essay sample on Estimation of Production Function of Public Sector Banks or any similar topic only for you Order Now 1General Approach:4 2. 2Data Collection:4 2. 3Data Processing:5 2. 3. 1Nature of Banks:5 2. 3. 2Nature of Variables:5 2. 3. 3Assumptions in the treatment of Variables:5 2. 4Data Analysis:5 2. 4. 1Objective of the Analysis5 2. 4. 2Production Function Relationship:5 2. 5Limitation8 3. Data analysis and Results9 4. Conclusion15 5. Bibliography16 1. INRODUCTION The structure of the banking industry has undergone sweeping changes in the past two decades. In response to heightened competition from non-bank financial firms enabled by technological progress among other factors, banks have been expanding both the scale and scope of their operations, largely through consolidations. This merger wave coincides with extensive deregulation, which has removed restrictions on product offerings and interstate banking. These changes have motivated many studies. The estimation of bank productivity and returns to scale is of particular nterest because of its broad practical applications and important policy implications The Banking Sector is characterized by multiple inputs and outputs that are associated with various attributes, such as different types of deposits, loans, number of accounts, classes of employees and location of branches. Transformation in terms of moving from high operating cost, low productivity and high spread to being more efficient, p roductive and competitive has been an important challenge for the banking sector in India. Recent years have witnessed substantial research efforts that have been devoted to measuring the efficiency and productivity of the banking industry. However, assessment of performance of banks has been a problematic one because of the unresolved questions concerning inputs and outputs. In the absence of any coherent definitions, researchers have used a variety of inputs and outputs, mostly based on an intermediation or production approach. The study of the Indian banking sector is of special interest for multiple reasons. Besides being one of the fastest-growing emerging economies of the world, India has one of the largest state-owned banking systems and generates employment of around 1 million people. Secondly, the vast network of around 70,000 commercial bank branches provides the base of the finance-led growth and development process in India. Thus the issue of efficiency and productivity of banks in India is particularly important. In the aforementioned context we define productivity as a concept that involves the transformation of resources into final goods and services. Production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. It indicates the highest output that a firm can produce for every specified combination of inputs. This function is an assumed technological relationship, based on the current state of engineering knowledge; it does not represent the result of economic choices, but rather is an externally given entity that influences economic decision-making. Almost all economic theories presuppose a production function, either on the firm level or the aggregate level. In this sense, the production function is one of the key concepts of mainstream neoclassical theories. In micro-economics, a production function is a function that specifies the output of a firm for all combinations of inputs. 2. Methodology 1 2 3. 1 General Approach: This section describes the general approach taken for the analysis of the Production function of the Public Sector Banks (PSBs) in India. A bank for its operation takes several inputs and generates several outputs. For e. g. the typical inputs are Employees, Capital for operation, Reserve Surplus, number of Branches, number of ATMs of a bank etc. Its output is typically the Loan (Advances), Interest Income etc. Since Multiple Regression is used so the production output is taken only one at a time. Also, only two input variable at a time is used, though several regression analysis have been done for different combinations of input and output to get the most reasonable and best approximate relationship. However, a bank uses any number of variables as input simultaneously. A bank measures its performance among other parameters on how much Loan or Credit it has disbursed in a fiscal year or how much Deposit it has collected from the customers etc. Though such data in isolation may not be a true estimate of the efficiency of the business because unregulated disbursal of loans may cause Non Performing Assets (NPAs) which will lower the Retained Earning of the Bank but since the report is concerned only with the Production function of the PSBs hence no comment will be made on this aspect. Similarly how competitively the Deposits have been taken will not be a subject matter of this report. The Methodology of the report is to be first gather relevant input/output data from authoritative source. The data so obtained are processed and any assumptions made for their subsequent analysis is clearly defined. In the next phase the data analysis is done wherein suitable regression technique is used to generate the relationship between the input variables and the Production output. Finally the Interpretation is done to assign the meaning to such endeavor. 3. 2 Data Collection: The data for the Public Sector Banks (PSB) in India for the following variables have been collected from the Reserve Bank of India’s (RBI) official website for the fiscal 2004-05 to 2008-09: Deposits * Capital * Loans Advances * Labour * Interest Income 3. 3 Data Processing: Nature of Banks: All the 20 Nationalised Banks including IDBI as well as all the Associate Banks of the State Bank of India have been considered for the study. Thus a total of 27 banks has been focussed from the fiscal 2004-05 to 2008-09 for their Production output vis-a-vis different inputs. Nature of Variables: For the Banking Se ctor there are few variables which are clearly treated as input variables and output (production) variables. Example includes Labour and Loan (Advances) as input variables and Interest Income as output variables. But their are variables like Deposits which are ambiguous in their treatment as either input or output. It is input because to disburse loan which is an output the bank requires deposits. It is this deposit which is finally disbursed as loan. However, Deposit is treated as Output because the performance of a Bank is measured among other parameters by how much Deposit it has been able to generate in a fiscal year. For our analysis we treat Deposits as Output/ Production variable. Assumptions in the treatment of Variables: 1. It is assumed that the cost of per unit Labour is constant and same across all banks. Thus we may take the Labour as a quantity across all banks as an input variable, without bothering about the variable wage rate for each labour i. e the Cost of Labour is a linear function of the quantity of Labour. 3. 4 Data Analysis: Objective of the Analysis The report wish to obtain the following objectives: * To establish a mathematical model of Production Function for PSBs in India. * To analyze the regression coefficients obtained vis-s-vis the PSBs’ input and output. To analyze the regression coefficients for specific banks over five years Production Function Relationship: To estimate the one variable Production output function for an economic entity the Cobb-Douglas Production Function is widely used. For the Banking industry the report establishes the relationship between the following input variables and the Production output variable: (A) For all the 20 Nationalised Banks (including IDBI) along with the Associate Banks of SBI, the following Regression Analysis is done across all the years starting from the fiscal 2004-05 to 2008-09. S. No| Input Variable1| Input Variable 2| Production Output| Across Time Period| Banks| 1| Labour| Capital| Deposit| 2004-05 to 2008-09| All PSBs| 2| Labour| Capital| Advances| 2004-05 to 2008-09| All PSBs| 3| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| All PSBs| 4| Labour| Capital| Interest Income| 2004-05 to 2008-09| All PSBs| The number observations made = Number of Production Functions * Number of Fiscal Years for which the observation is made = 4*5 =20 (B) Specific to the Largest Nationalised Bank as per capital viz. State Bank of India (SBI) and the Smallest PSB as per Capital viz. State Bank of Indore (SBIndore) were taken for regression analysis separately. The merger of  State Bank of Indore, the smallest associate bank of State Bank of India (SBI), was completed in the last week of August 2010, ut for our analysis we still continue to treat its data as separate from that of SBI. S. No| Input Variable1| Input Variable 2| Production Output| Across Time Period| Ban k| 1| Labour| Capital| Deposit| 2004-05 to 2008-09| SBI| 2| Labour| Capital| Advances| 2004-05 to 2008-09| SBI| 3| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| SBI| 4| Labour| Capital| Interest Income| 2004-05 to 2008-09| SBI| 5| Labour| Capital| Deposit| 2004-05 to 2008-09| SBIndore| 6| Labour| Capital| Advances| 2004-05 to 2008-09| SBIndore| 7| Labour| Capital| Advances + Deposit| 2004-05 to 2008-09| SBIndore| 8| Labour| Capital| Interest Income| 2004-05 to 2008-09| SBIndore| The number observations made = Number of Production Functions * Number of Fiscal Years for which the observation is made = 8*5 =40 3. 5. 1. 1 Multiple Regressions: For modelling and testing of multiple independent variables (or predictor variables), Multiple Regression is used. Since it is for only single dependent variable (or criterion variable) hence Multiple Regression is not a multivariate test. The model for a multiple regression takes the form:   y  =  ? 0  +  ? 1Ãâ€"1  +  ? 2Ãâ€"2  +  ? 3Ãâ€"3  + †¦.. +  ? And we wish to estimate the  ? 0,  ? 1,  ? 2, etc. by obtaining   ^ y1  =  b0  +  b1x1  +  b2x2  +  b3x3  + †¦.. Where the  b’s are termed as the â€Å"regression coefficients† and ? is the error or residual value. For 2 independent variables we fit the data for a plane. The beta values are used in measuring how effectively the predictor variable influences the criterion variable. R2, in multiple regression is the square of the measure of association which indicates the percent of overlap between the predictor variables and the criterion variable. 3. 5. 1. 2 Cobb-Douglas Production Function: The Production of an economic entity may be defined as a function of its inputs. In a general mathematical form, a production function can be defined as: P= f(X1,X2,X3,†¦Xn) Where: P = Production or output quantity X1,X2,X3,†¦Xn = Input variables such as Labour, raw material, capital etc. f() = function defining the relationship. This function may be a Linear Function of all input variables. It can also be a Product Function of all the individual variables with each variables weighted for a corresponding exponent. The Cobb-Douglas Production Function follows the latter approach and is as follows: P = A. L?. K? Where, P = Production or output quantity L = Labour (the number of employees) K = Capital (the monetary worth of all machinery, equipment, and buildings) A = Total factor productivity, a variable which accounts for effects on total output not explained by chosen inputs. ?, ? are the output elasticity of labour and capital, respectively. These values are constants. We assume ? , ? ;lt; 1 so that the firm has decreasing marginal products of labour and capital. The Multiple Regression is to be done using the Cobb-Douglas Production Function, then the said function needs to be in a the l inear form. To achieve linear scale the exponential Log of the Cobb-Douglas Production Function may be taken. Thus the following function is being used in the report for regression: Log (P) = a0 + ? *Log(L) + ? *Log(K) Thus the Input 1= Log(L), Input 2 = Log(K) and Output = Log(P) and Model Coefficients = ? , ? 3. 5. 1. 3 Return to Scale: Returns to scale refers to a technical property of production that examines changes in output subsequent to a proportional change in all inputs (where all inputs increase by a constant factor). If output increases by that same proportional change then there are constant returns to scale (CRTS). If output increases by less than that proportional change, there are decreasing returns to scale (DRS). If output increases by more than that proportion, there are increasing returns to scale (IRS). To summarise, it is as follows: ? + ? | Returns to scale| =1| constant| ;lt; 1| decreasing| ;gt; 1| increasing| 3. 5 Limitation * The correlation between labour expense and production across banks may be limited if the business model of the bank varies. For example banks who primary operate in larger   cities can produce more with a smaller workforce because of greater labour utilization while labour in far flung remote branches might be under utilized and may not contribute to production that efficiently. Hence we assume a linear utilisation of labour. * This correlation is limited because as technology is increasingly substituting labour in banks so a bank with smaller workforce but superior technology can still produce more. Different PSBs may differ on this aspect of technological implementation vis-a-vis their labour. * Our analysis has restricted inputs and outputs to very few variables. There can be other variables although the report has included the most important ones for the study. * In analysis of SBI and State bank of Indore we have taken only 5 data points for 5 years. This may limit the authenticity of analysis. We have chosen only two input case to estimate the production while other inputs are collectively taken i n intercept. * There is an assumption that the production function follows Cobb-Douglas Production estimation. Other Production estimation methods like Olley/Pakes and Levinshon/Pertin functions are not considered. * In the regression model, we have not factored in any smoothing techniques. * In the analysis of bank over the years the data may be misleading,banks over the year may with better technology produce more with lesser input this effect will lower their economies of scale in the given analysis, this is a wrong conclusion 3. Data analysis and Results We referred the website of RBI to get the data needed for our analysis. A total of 27 banks were taken for analysis and the data for these banks from the period 2004-05 to 2008-09 have been used for the analysis. We used the Cobb Douglas Function for the models, wherein Q = A * (Input1^ ? 1) * (Input2 ^ ? 2) The production functions thus attained provides us a view of the overall sector as a whole for the following the outputs. 1. Deposit 2. Advances 3. Deposit + Advances 4. Interest Income Further, we focussed on two banks, State Bank of India and State Bank of Indore, the largest and smallest in the sector in terms of capital, to understand the applicability of the product functions attained in the above study. Here, the data across the five years in the consideration were used to obtain the production functions for each of the input-output combinations mentioned above. The results have been summarized in the Table 1 below for the four different models taken for all the banks across five years and Table 2 for all the four models for 2 specific banks: Table 1: Case| Year| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Model 1:Input1: Labour Input2: Capital Output: Deposits| 2004-05| 0. 6431| 0. 7257| 0. 2440| 0. 9596| | 2005-06| 0. 8010| 0. 5535| 0. 4239| 0. 9802| | 2006-07| 0. 8944| 0. 5655| 0. 4017| 0. 9731| | 2007-08| 1. 2448| 0. 4426| 0. 676| 0. 9707| | 2008-09| 1. 2768| 0. 3591| 0. 5694| 0. 9685| Model 2:Input1: Labour Input2: Capital Output: Advances| 2004-05| 1. 0543| 0. 2347| 0. 6749| 0. 8900| | 2005-06| 0. 9721| 0. 1998| 0. 7609| 0. 9372| | 2006-07| 0. 9495| 0. 3228| 0. 6367| 0. 9448| | 2007-08| 1. 2994| 0. 2608| 0. 6275| 0. 9544| | 2008-09| 1. 2154| 0. 2486| 0. 6746| 0. 9641| Model 3:Input1: Labour Input2: Capital Output: Deposits + Advances| 2004-05| 1. 2041| 0. 4583| 0. 4768| 0. 9416| | 2005-06| 1. 2145| 0. 3679| 0. 5987| 0. 9695| | 2006-07| 1. 2331| 0. 4450| 0. 5174| 0. 9662| | 2007-08| 1. 5742| 0. 3575| 0. 5422| 0. 9663| | 2008-09| 1. 5500| 0. 3101| 0. 6157| 0. 9683| Model 4:Input1: Labour Input2: Capital Output: Interest Income| 2004-05| -0. 1461| 0. 5320| 0. 4036| 0. 9584| | 2005-06| -0. 0207| 0. 2972| 0. 6656| 0. 9610| | 2006-07| 0. 0246| 0. 3640| 0. 5843| 0. 9733| | 2007-08| 0. 3381| 0. 3250| 0. 5629| 0. 9639| | 2008-09| 0. 4347| 0. 2483| 0. 6411| 0. 9711| Table 2 State Bank of India| Case| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Input1: Labour Input2: Capital Output: Deposits| -3. 03105| 0. 978999| 0. 77501| 0. 976381| Input1: Labour Input2: Capital Output: Advances| 2. 773811| -0. 31806| 0. 972634| 0. 93499| Input1: Labour Input2: Capital Output: Deposits + Advances| -0. 37579| 0. 453894| 0. 852554| 0. 64079| Input1: Labour Input2: Capital Output: Interest Income| -3. 36783| 0. 872917| 0. 74153| 0. 996843| State Bank of Indore| Case| Intercept| ? ( Elasticity of Labour)| ? (Elasticity of Capital) | R2| Input1: Labour Input2: Capital Output: Deposits| 1. 693202| -0. 37172| 1. 310855| 0. 985134| Input1: Labour In put2: Capital Output: Advances| -3. 03629| 0. 124397| 2. 214496| 0. 938827| Input1: Labour Input2: Capital Output: Deposits + Advances| 0. 119414| -0. 21134| 1. 712892| 0. 966654| Input1: Labour Input2: Capital Output: Interest Income| 5. 081366| -1. 73671| 1. 552713| 0. 993676| The macro-economic factors in India definitely affect the performance of the banks. The various parameters like inflation, GDP affect the sentiment of the market in general, while the regulatory measures taken by RBI through changing CRR, SLR, repo and reverse repo rates effect a shift in the business outlook of the bank. Since these parameters keep on changing from time to time, we decided to have separate product functions for every year. This guards us against the negative impacts making an assumption of Ceteris Paribas in determining the product functions, where we might have a few more variables. But the correlation of those factors with the performance of the banks is not the motive of this study, and hence not in its scope. Also, while analyzing the performance of the banks, we have to keep in mind that, being in the public sector, their focus is not always on profit maximizing. Rather, the goal is often carrying out the social responsibilities like providing banking facilities at places where the venture might not be profitable, and hence not a feasible for the private sector to open branches at those places. Analysis and Results for the different models Model 1: Input variables: Labour (L), Capital (K) Output variable: Deposit The first graph below captures the variation in output with respect to change in labour and the second with respect to change in capital. A strong similarity in graph indicates that labour n capital can be almost perfect substitutes. If the graphs differ then they are not good substitutes Deposit is essentially an intermediate variable, here treated as an output. As expected, we see some variation in the results across the years. An interesting observation here is that the elasticity of labour decreases along the period under study. This is in keeping with the redundant labour created by the technical innovations of the operations reducing the productivity of labour. The policies of the Public sector bank do not allow them to reduce the input of labour suddenly. Also, the higher elasticity of capital for 2008-2009 indicates the mood of the market during the recession, where the safety of the bank deposits looked better when weighed against the risks and lower outputs of other avenues of investment. The high values of R2 point at the stability of the regression through which the production functions were attained. As the sum of Output Elasticity’s of Inputs (Labor and Capital) as ? +? value is close to unity, it implies that the Indian Public sector banks are in Economies of Scale. This is consistent with the earlier economic researches which imply the banking sector in general is in Economies of Scale (Increasing returns to scale). Model: 2 Input variables: Labour (L), capital (K) Output variable: Advances Here, again, we see that the R2 values are high indicating higher stability in the production functions. An interesting phenomenon that can be noticed in these results is in the relative stability of all three parameters across the years. The relative variation of the coefficients across the years is relatively low. Model: 3 Input variables: Labour (L), capital (K) Output variable: Deposit Advances Here, again, we see that the R2 values are high indicating higher stability in the production functions. An interesting phenomenon that can be noticed in these results is in the relative stability of all three parameters across the years. The relative variation of the coefficients across the years is relatively low. The economies of scale ? +? value is again close to unity and signifies that for all the different outputs there is an increasing scale of return. Model: 4 Input variables: Labour (L), capital (K) Output variable: Interest Income Again, we see a clear trend of declining elasticity of labour across the years, validating the observation made in case 1. The relatively higher elasticity of capital in 2008-09 indicates the stability and optimization of performance of the Indian banks in turbulent global scenario. For each of the banks under study, the income under both the heads, Interest and other, showed a steady rise. Analyzes for Specific banks: State bank of India and State bank of Indore All the above mentioned four models of input and output parameters where analyzed for State bank of India and State Bank of Indore for period of 5 Years . The below graphs are a couple of sample graphs of the analysis . All the graphs of the analysis are attached below. We must note a very interesting trend in the economies of scale (ie the sum of alpha n beta) in our result. The economy of scale for almost all the cases in the initial four analysis is slightly less than or almost equal to 1 but it is greater than 1 both for SBI and State bank of Indore respectively. This means that when we look at the overall sector the banks of larger size have almost proportionally large output as compared to their input but both in SBI and State bank of Indore the increase in output is disproportionally larger compared to increase in input. The Data used for the analysis and detailed regression analyses are attached below: The complete set of graphs created for all the models are as well attached below: 4. Conclusion The study focused on modeling the Production Function for public sector banks. The regression curves obtained from all the banks that were considered for production functions for Deposits, Advances, sum of Deposits and Advances and interest income. The coefficient of variation was above 90% in most of the cases which reinforces the assumption that the level of capital and labour count significantly explains the variation in output level. The sum of ? and ? , the parameters of the system, is nearly unity. This indicates that the industry has a production which exhibits constant returns to scale. For the analysis done on individual banks (SBI and State bank of India), the values of negative value of alpha  and beta indicate that the increase in labour or capital (as the case may) decreases the overall output of the bank. We have seen constant or slightly decreasing economies of scale across banks in any given year whereas SBIs have shown increasing scale of economy (;gt;1) over the years. To explore this issue further we had done a few more regression for some more banks for 5 years (5 data points). The analysis has thrown up very interesting conclusion, the economy of scale fluctuates by huge degree across various banks and overall it is negative. This happens when the bank is already utilizing more than the needed labour or capital for its given capacity and any further increase in it decreases the overall production . It can be concluded from this analysis that although overall it may not be desirable to have a large size bank, it is desirable to increase the size of both SBI and State bank of Indore as here the incremental return will outmatch the incremental investment as they have economies of scale greater than unity. Our results have been consistent with the previous research findings which state that banking industry has economies of scale i. e. output more than doubles with doubling of input. It was also observed that sum of output elasticity’s of factor inputs (? +? ) was greater for certain banks like SBI and State bank of Indore. 5. Bibliography * Microeconomics, 7th Edition. Robert S. Pindyck, Daniel L. Rubenfield, Prem L. Mehta. * http://en. wikipedia. org/wiki/Banking_in_India * How to cite Estimation of Production Function of Public Sector Banks, Papers

Friday, December 6, 2019

Light Rail in Manchester City for Improves Air- myassignmenthelp

Question: Discuss about theLight Rail in Manchester City for Improves Air Quality. Answer: Introduction The city of Manchester has continued to experience rapid growth over the years and is still one of fastest growing cities in the UK. This has put immense pressure on existing transport network. As a result of this, light rail transit (LRT) is a worthwhile project to implement in the city. The decision to build an LRT network covering an area of 15 km around the city will play a major role in reducing traffic congestion. Other benefits of LRT include: reduces pollution, increases property values, improves air quality, improves safety, enhances comfort, has lower per passenger operating costs, enhances development in the area, can run on different energy sources, is more reliable, has higher passenger capacity, has greater aesthetic, can operate effectively with other modes of transport, and improves health of passengers(Cervero Sullivan, 2011);(Hess Almeida, 2007); (Higgins, et al., 2014)(Li, et al., 2012)(MacDonald, et al., 2010); (Seo, et al., 2014) (Shang Zhang, 2013) (Topalovic , et al., 2012). In general, light rail system will bring a wide range of economic, social and environmental benefits to the city of Manchester. But for the benefits of LRT to be fully realized, it is very important to ensure that each stage of the project is done effectually. This report aims at discussing preliminary design; detailed design and testing, evaluation, validation and optimization phases of the project and critical human factors to LRT network. These elements are very crucial considering that the LRT network will be operating alongside existing modes of transportation and other land uses. When designing an LRT network, it is very important to visualize how it will be constructed, operated and maintained. This helps in ensuring that the final product created meets its objectives adequately. Therefore information contained in this report is very useful when carrying out preliminary design; detailed design and development; and system testing, evaluation, validation and optimization processes of an LRT project. Preliminary design phase This is a very crucial phase that follows the conceptual design phase. During this phase, the project team is tasked to demonstrate that the solution chosen from the conceptual design phase will meet all the project requirements, goals and objectives. Here, the team comprehensively analyzes the project concept and selected solution so as to ensure that they meet the design and performance specifications of the project and can be developed using available resources. The project team also identifies potential time and cost constraints. This process starts by identifying key components of the LRT network and how they will operate. These key components include: route of the LRT (including surface stretches and underground tunnels), number and sizes of lanes, alignments of the LRT (both vertical and horizontal), type and size of LRT vehicles, overhead catenary system, power systems, communication systems, traffic and signal systems, relay houses, boarding stations, stops, system software, etc. The team analyzes these subsystems by determining different specifications, including: system specifications (technical, operational, performance and support features of the system), product specification (qualitative and quantitative technical requirements of products that can be created offsite), process specifications (qualitative and quantitative technical requirements of services needed to complete functional requirements), and material specifications (technical requirements of materials to be used in creating the system). The main focus in this phase is on analyzing the functional requirements of the LRT networks subsystems and allocating resources for each subsystem. Each main function is split into sub-functions for easier analysis. The inputs and anticipated outputs, constraints and controls of the subsystems are also determined. By understanding all these items, it becomes easier for the project team to allocate resources appropriately. Therefore it is in this phase that the team will allocate the costs determined in conceptual design phase to specific subsystems of the LRT network (land purchase and survey; bridge, station and tracks; station infrastructure; communication and control signals; cables and electrical power; vehicles car sets; and labor). The design criteria used in preliminary design phase are: functional capability usability, interoperability, reliability, sustainability, producibility, maintainability, safety, security, supportability, serviceability, affordability and disposability. This criteria ensures that subsystems are designed by considering important factors throughout their lifecycle, i.e. from design stage to disposal. Successful completion of preliminary design phase requires all key stakeholders and professionals to work as a team and share their unique knowledge and experiences. This includes professionals from departments and/or fields such as design, environmental, manufacturing, quality, software, value, reliability, human factors, maintenance, logistics and safety/security. Every process completed in this phase is also evaluated and reviewed so as to identify other alternatives. Reviews of the preliminary designs created are also prepared for use in subsequent processes. Detailed design and development phases After establishing the technical specifications of all subsystems based on functional requirements of the LRT, the project team now goes ahead to create final designs of the subsystems and the entire system developed in preliminary design phase. This is done in the detailed design phase. In this phase, engineers, architects and designers use appropriate design software and engineering tools such as computer aided design (CAD) or computer-aided engineering (CAE) software, to create the designs(Blanchard Fabrycky, 2010). But before starting to create the final designs, necessary field studies are also carried out so as to collect useful data and information such as groundwater levels, soil characteristics, climatic conditions etc. This helps in determining the right types and sizes of different subsystems such as foundation type and materials of the light rail. Detailed design phase is an iterative process that continues from definition of the system to create designs that can be used to produce several similar products. Each system or component designed must have complete details to enable the manufacturer or contractor create it. The details are usually represented in form of design drawings (arrangement drawings, assembly drawings, connection drawings, construction drawings, control drawings, detail drawings, engineering drawings, installation drawings, logic drawings, numerical control drawings, piping drawings, schematic drawings, wiring/cable drawings and software drawings), electronic format or reports. Each design drawing is also reviewed by different professionals immediately it is completed so as to identify any errors (if any) or need for changes and/or improvement. After designing the subsystems and the entire system, the team prepares relevant documentations that entails design drawings, lists of components and materials, analy ses and reports. Data and information contained in these documents is also used to prepare bills of quantities (BoQs) for the project. The designs and documents prepared in this phase should enable the manufacturer or contractor to create the subsystems or system as a whole in the factory or on site(Goral, 2007). After detailed design phase follows development phase. This is where the designers create mock-ups, engineering models and prototype models so as to have realistic simulations and visualization of the configuration of the proposed LRT network and how it will work. Using the operating model created, the design team is able to demonstrate how the LRT will function and its expected performance. In this case, the operating model will show how LRT will reduce traffic congestion in the city of Manchester by facilitating easy and seamless movement of people from one place to another. These models are created using approved components and by following the required standards, codes and regulations. They are also tested to establish whether they meet all the requirements. System test, evaluation, validation and optimization Before the start of actual construction activities, it is very important to test, evaluate, validate and optimize the designed system. This is done so as to confirm that the system designs and models created meet all the necessary technical, functional, performance and other project requirements. The process of test and evaluation starts by testing individual parts then proceeding to subsystems and finally the entire system. After test and evaluation, these parts, subsystems and the entire system are validated, i.e. confirming that they meet the project requirements (technical, functional and operational specifications)(Luna, et al., 2013). It is important to note that the processes of testing, evaluating, validating and optimizing the system components are not established after the detailed design and development phases but during the conceptual design phase. This is where the scope of each test is determined, and required tools, equipment and personnel discussed. Doing so helps the project team to design the system and create models knowing the kind of tests they will be subjected. Even though it is not possible to establish the actual performance of a system until the final product is created, the findings obtained from the test and evaluation processes give a general impression of the expected performance of the system because these tests are performed in conditions that are customized to resemble real conditions. There are a number of tests that have to be performed on an LRT. Some of these include: structural tests (involves testing material characteristics and properties of various components), performance tests (entails testing individual parts of the system), reliability tests (involves testing the consistency of the system), environmental tests (involves testing the system when subjected to different environmental factors), maintainability tests (performed to determine maintenance needs of the system), support equipment tests (performed to ensure that all equipment are compatible), personnel test (carried out to ensure appropriate relationship between the system and people, including operators and users), software tests (carried out to ensure that the software performs the expected function efficiently), compatibility tests (performed to ensure that all subsystems have been integrated properly to form one complete system), noise and vibration tests and safety tests, among others(Cleghorn , 2009). System test, evaluation and validation processes have to be planned appropriately and in advance. After identifying relevant tests to be performed on a system, the required equipment, software, data collection methods, data analysis techniques, facilities, test-site and personnel should also be identified. The team should also plan for retesting if the components fail to meet minimum requirements on first testing. Components that fail to meet the necessary requirements get invalidated and therefore they have to be re-evaluated, corrected and changed or improved before the final product is created. Optimization is another very important process when design an LRT. This being a capital-intensive project, the government, key stakeholders and the general public expects to get maximum value for each dollar spent. As a result of this, the project team has to aim at optimizing every product created and process executed during the project. Generally, optimization is the process of seeking the best solution for each design problem. This is done using a variety of approaches such as differential calculus, function slope, partial differential, etc. In other words, the project team uses mathematical calculations to predict different aspects of the proposed LRT. This includes comparisons between costs and benefits of the project over a certain period of time. The ultimate goal of optimization is to analyze and compare different design alternatives so as to choose the best alternative that will meet all the project requirements at the lowest cost. Human factors Efficient operation of an LRT largely depends on human factors or elements put into consideration during the design process. This basically entails improving the interfaces between the light rail vehicles and the operators and users. For this reason, the design team has to consider all relevant human factors so that all the expected benefits of the LRT network can be realized by the residents of city of Manchester. The system should be designed to enhance usability and prevent abuse or misuse. There are three main categories of human factors as discussed below Anthropometric factors These are factors related to human bodys physical dimensions. It is important for the designers to ensure that drivers and the crew have adequate space to execute their tasks, jobs and duties effectively(Naweed Moody, 2015). The type and sizes of seats and other areas where they perform their functions should be adequate to prevent hindrances. Designers can create simulations of operating conditions so as to collect relevant experiment data or use data from past projects to know the right dimensions of various components. Sensory factors Sensory factors include sight/vision, hearing, touch/feeling, smell, etc. Operators of the light trains and/or vehicles should have sufficient horizontal and vertical fields so as to perform their jobs effectively and prevent accidents. The communication systems should be audible enough and the operators should not be affected by unnecessary noise. Workstations of the LRT should also provide a good sense of touch to the operators. Physiological factors These are environmental factors that affect operators of the light rail trains when on duty. They include extreme temperatures, humidity, noise, vibration, toxic substances, gas and radiation. All these can be avoided by ensuring proper design (layouts and materials). The system should be designed to ensure that operators of the light rail are not subjected to stresses, strain, trauma, fatigue, etc. that can reduce their operational efficiency(Mitra, et al., 2010). Besides considering human factors and ergonomics affecting personnel, the designers should also put in mind the needs of passengers. These include comfort, safety, health, reliability and affordability. Therefore it is important for the design team to consider the unique requirements of drivers, crew and passengers during operation phase of the LRT when designing the system. Conclusion and recommendations Many cities in different parts of the world have been able to ease traffic congestion, reduce carbon emissions and boost social and economic development through use of LRT networks. This is because LRT is a high-tech, efficient, reliable and flexible transportation mode with numerous benefits over others modes of transport. Therefore the city of Manchester stands to benefit a lot from an LRT project. Nevertheless, LRT can only attain its potential environmental, social and economic benefits if it is designed appropriately. All activities undertaken during preliminary design stage, detailed design and development stages, and system test, evaluation, validation and optimization stages are very critical and should be treated as such. These are stages where the LRT solution selected in conceptual design phase is demonstrated to be the best for the transportation problem in the city and relevant subsystems designed, tested, evaluated, validated, optimized and integrated to create one syst em. For this to be attained, it is very important for the client to develop precise project requirements and have necessary resources before bringing in other stakeholders to start designing the system. All tasks in the preliminary design stage, detailed design and development stages, and system test, evaluation, validation and optimization stages must also be performed by qualified personnel. Besides ensuring that the designs created meet all technical, functional and performance requirements of the project, designers should also consider human factors when developing the LRT network. These include anthropometric, human sensory and physiological factors. Additionally, all decisions should be made by considering their environmental, economic and social impacts. The stakeholders should also work on the project as a team through appropriate coordination, collaboration and consultation. Most importantly is to review every process completed before proceeding to the next stage. References Blanchard, b. Fabrycky, W., 2010. Systems engineering and analysis. 5th ed. New Jersey: Prentice Hall. Cervero, R. Sullivan, C., 2011. Green TODs: Marrying transit-oriented development and green urbanism. International Journal of Sustainable Development and World Ecology, 18(3), pp. 210-218. Cleghorn, D., 2009. Improving pedestrian and motorist safety along light rail alignments, Washington, D.C.: Transportation Research Board. Goral, J., 2007. Risk management in the conceptual design phase of building projects. Goteborg, Sweden : Chalmers University of Technology. Hess, D. Almeida, T., 2007. Impact of proximity to light rail rapid transit on station-area property values in Bufallo, New York. Urban Studies, 44(5/6), pp. 1041-1068. Higgins, C., Ferguson, M. Kanaroglou, P., 2014. Light railway and land use change: railway transit's role in reshaping and revitalizing cities. Journal of Public Transportation, 17(2), pp. 93-112. Li, L., Hu, J. Shao, D., 2012. Effects of accelerated development of urban rail transit in Shanghai before the World Expo on greenhouse gas emission reduction. China Environmental Science, 32(6), pp. 1141-1147. Luna, S. et al., 2013. Integration, verification, validation, test and evaluation (IVVTE) framework for system of systems (SoS). Procedia Computer Science, Volume 20, pp. 295-305. MacDonald, J. et al., 2010. The effect of light rail transit on body mass index and physical activity. American Journal of Preventive Medicine, 39(2), pp. 105-112. Mitra, B., Al Jubair, J., Cameron, P. Gabbe, B., 2010. Tram-related trauma in Melbourne, Victoria. Emergency Medicine Australia, 22(4), pp. 337-342. Naweed, A. Moody, H., 2015. A streetcar undesired: investigating ergonomics and human factors issues in the driver-cab interface of Australian trams. Urban Railway Transit, 1(3), pp. 149-158. Seo, K., Golub, A. Kuby, M., 2014. Combined impacts of highways and light rail transit on residential property values: a spatial hedonic price model for Phoenix, Arizona. Journal of Transport Geography, Volume 41, pp. 53-62. Shang, B. Zhang, X., 2013. Study of emission reduction: benefits of urbanrail transit. Procedia - Social and Behavioral Sciences, Volume 96, pp. 557-564. Topalovic, P., Carter, J., Topalovic, M. Krantzberg, G., 2012. Light rail transit in Hamilton: health, environmental and economic impact analysis. Social Indicators Research, 108(2), pp. 329-350.

Thursday, November 28, 2019

Argument Essay on Education Essays

Argument Essay on Education Essays Argument Essay on Education Essay Argument Essay on Education Essay Argument Essay Many graduates from post secondary acquire their career with a graduate degree. Students build their credentials and portfolio through educations and programs they receive from post secondary, and seek to target a specific labor field or institutions to work for. With the help of graduate degree that increases students value in labor market, it is easier to pin point in a career pursue. A national strategy that promotes and supports the post-secondary into labor field loud bring success for both students and nations, however, because many nations such as Canada lacks to recognize the national strategy, the nation is unique in its failure to develop success in universities and colleges. A national strategy is a strategy that clarifies what the country expects from the institutions creating its next generation of leaders and skilled workers. The objective of the strategy promotes students to make use of their credentials well in right economy at the right time. For this to happen, a national strategy offers students to achieve flexible transaction to different institutions, by allowing credentials from different institutions as an applicable source. With the ability to make full use of sources of their own and be able to apply it, students wouldnt suffer from being troubled with not being able to get into desired institution. Ability to make use of credential anywhere, it may bring harm instead of benefit to postsecondary education. Because national strategy allows one to be able to make their credentials worth in NY level of institution, but without it, it will only lead talents or passionate students to waste. For example , a college students had its admission denied into JIBE law school because of his college credential; based on his stellar LAST score , he went off to Oxford instead. Because there was a barrier that alienated students from being able to determine their ability due to lack of opportunity that is offered , instead it could lead alternate route since Canada does not offer any alternate route of applying to an institution. In conclusion, national strategy brings benefit to postsecondary environment, it will lead a nation to right direction in building many successes in future as each generation will be able to seed its growth into the labor market. For nation to maximize its efficiency in productivity resources in its nation , not only is it recommended but I believe that its a pre requisite course of action to take in order to build best of world for theory-based , hands on , and Job friendly university education passionate students.

Monday, November 25, 2019

The Best German Websites for Children and Teenagers

The Best German Websites for Children and Teenagers The internet can be a great tool to help your kids learn the German language.   Here are some fun and educational online games and resources for children, teenagers and for the young at heart. A Kids Search Engine in German   Blinde-kuh.de:  Explore different topics auf  Deutsch in a child-friendly format. This website offers resources organized by age. Here, youll find news, videos, games and even a fun random search button that pulls up a surprising array of fun topics for your kids to read and listen to.   Educational Games   Hello World  offers more than 600 free games and activities online in German. The list is long, from songs to German Bingo, tic-tac-toe, and puzzles. Fun matching games with audio are appropriate even for the youngest and newest learners.   German-games.net  has activities for slightly older learners, like German classics like hangman, more educational spelling games and creative games like a rockslide game where you have to click on a falling rock and then answer a question quickly. Best of all, everything is free.   Hamsterkiste.de  offers games and different exercises on different school subjects, so you children can apply their foreign language to different areas of study. German Folk and Childrens Songs   Mamalisa.com  is a website with many German songs for kids, complete with English and German lyrics so you can sing along with. If you grew up in Germany, you will find this website so melancholic!   More Information and Links   Kinderweb  (uncg.edu) is organized by age. It features games, stories, and links to many other websites that may interest young learners. Everything is in German, of course.   Great For Pre-Teens Wasistwas.de  is an educational site that walks children through different topics (nature and animals, history, sports, technology) in German. Kids can even submit questions to be answered and take quizzes on what they have learned. Its interactive and keeps you coming back for more.   Kindernetz.de  is best for intermediate level and up. This website contains short video reports (with a written report) on various subjects, such as science, animals, and music.

Thursday, November 21, 2019

Biography on Abraham Lincoln Essay Example | Topics and Well Written Essays - 1250 words

Biography on Abraham Lincoln - Essay Example His brother John Kennedy served as the president of America and Robert Kennedy himself served as the Senator of United States. This essay would further provide details about the biography of Robert Kennedy (Talbot 2007). Robert Kennedy studied in different schools all over his life and graduated from the Milton Academy in 1942. He then served in the military for two years in the World War II after which he was discharged. After serving in military Kennedy joined Harvard University and performed in the football team. He completed his degree of bachelors from the Harvard University in 1948. He further studied law from the University of Virginia and graduated from the university in the year of 1951. It was in 1950 that Kennedy married Ethel Shakel and their first child was born in 1951 named Kathleen. It was the coming years in which the career of Robert Kennedy developed and he successfully played a role in the politics of United States (Evan 2000). The career of Robert Kennedy in real life started when he enter the arena of law in 1951 after graduating from the Wisconsin University. Robert joined the Criminal Division the US Department of Justice as a lawyer but later resigned to help his brother John in his the election of Senators. In 1952 Kennedy was hired by McCarthy as an assistant advocate for the Senate subcommittee. Being a counsel for the subcommittee McCarthy performed many researches which showed as to how the allies were backstabbing each other. He was against the cargos being delivered to enemies and gave out several speeches in this regard. However, again in 1953 Robert resigned from this post because he was not fond of the internal running of the committee. He joined the committee back in 1954 and became the chief counsel in the year 1955. His major breakthrough as a chief counsel was when he was appointed as the head of the committee which was investigating the

Wednesday, November 20, 2019

Admission Essay for Pharmacy Example | Topics and Well Written Essays - 750 words

Admission for Pharmacy - Essay Example As a child I was always open to lending a helping hand to whoever needed it. I made sure that I gave my best to society even as a child.As I grew up I realized that helping people and contributing to the society is not only one of my principles but also one of my passions. In this direction I developed an interest in the field of pharmacy. Healthcare as a profession in general and pharmacy in particular is a service oriented profession which attracted me towards this service sector.My parents have always taught me to be kind, generous, and obliging to other people. In today's world where the primary goal of almost every individual's life is to make money by hook or by crook, I think these values are very important to keep. At the same time it is also very difficult to abide by these values in the fast moving environment we live in. Yet, I have always worked hard towards sticking to my goals and my ideologies.As a person I am very hard working and dedicated to whatever I do. I always strive to give any job or assignment given to me my best shot. I have the dedication that makes me want to work hard and make sure I meet the requirements of a particular task and give bring out the best possible results. I am very open minded and enthusiastic to take on challenges and new opportunities. I always aim at achieving the best; with my diligent nature I can assure that I will be able to contribute a tremendous amount to the field of pharmacy.... I have always been positive towards my studies and made sure that I deliver best results. I also pay a lot of attention to the kind of courses I select, so that I can give my complete attention and dedication in achieving the highest level of success in that particular field. As I believe that it is important to do what you like and what you are interested in as it will help you put in your maximum effort. I have a strong academic background and I have studied and gained the knowledge and expertise required to enter and study pharmacy. I have successfully scored and Grade Point Average or GPA of 3.6 to get an admission for this course. In addition to this, my academic background and the grades I have secured in my education so far are very strong and hence make me a best fit for this course. As far as education is concerned I believe that I can get the best results in a pharmacy course as it is a subject that has interested me from my childhood. This growing interest in the subject has led me to opt for this course, where I believe I can give my best. Along with my skills and interests, my eagerness to study pharmacy led me to working in the ULCA medical center in Harbor. I am a certified pharmacy technician here, and have been in this role for the past 1 year. My experiences and understanding of the subject further motivated me to take on this subject as my field of study. The time I spent in the medical center played an important part in persuading me and doubling my enthusiasm to opt for this field of study, though I was always interested in the subject. The scope of pharmacy in various perspectives highly interests me. I have always been interested in being socially active in the world and helping people

Monday, November 18, 2019

Human employes vs Robot employes Research Paper

Human employes vs Robot employes - Research Paper Example The paper tells that using human employees versus robot employees is a controversial subject. As there are several advantages and disadvantages to using both types of employees in the workforce. it is sometimes hard to choose which is actually better for the economy, the society and individuals themselves. The history of robot use for roles that human employees once carried out exists for a period of at least the last two centuries. Humanity has arrived at a whole new level of existence because of the use of robots and their employable functionalities. Even though robot employees have not affected the human employee force to the degree that there are severe job shortages occurring, some experts fear that there may be an upper limit as to how many robot employees the economy can sustainably employ before human labour losses are experienced and people are negatively affected. For more than two centuries the effect that using robotic employees has had on the work force has created a pos itive overall economic benefits to society. Although in theory, jobs that were once performed by humans are now being performed by robots, does not fully reflect the true circumstances of the labour market. What has happened is that jobs that have been transferred to robot employees have now freed the previous labourers from simpler tasks so they can do other jobs, and put a greater focus on the development of new aspects of technology and business. This effect has actually created more jobs due to an increase in the production of new industries, technologies and businesses. The standard of living has risen in many areas in the world. Jobs that were lost in one particular sector or niche were in number replaced by jobs that were able to have been created in other areas. The use of robots as employees has led to an increase in gained employee time for companies to use their workers; to focus on other tasks that have allowed for the development of new aspirations. Since the labour for ce has not been devastated by the use of robots over such a long period of the last two centuries, it is more than likely it will not happen in the near future. The use of robotic employees was first evident in the textile industry around the year 1811. A group of textile workers called the Luddites first proposed the idea to economists that their jobs would be taken over by robotic employees or more simply put, by automated processes. The traditional weaving jobs that they were doing were being taken over by the automated weaving machine. In the 1930’s it was predicted that in a time frame of about one thousand years, the new work week would be approximately 15 hours long. There was expected to be a problem that people would have too much leisure time on their hands rather than having to work long hours. This was proposed by John Maynard Kennedy, however in the future years that have already come and past, this theory has obviously been inaccurate. The world wars did see a d isruption in employment, however post world wars actually proved to be economically expanding. Between the years of 1950 to 1990, again fears arose which were similar to those of the Luddites that again human labour forces would be taken over by robot employees (Rifkin 1995). Companies experienced a large degree of resistance from their employees to preserve their jobs and create contracts that were protective in the event that a job was lost to an automated machine. Smaller companies that were not subject to unions did not have to

Saturday, November 16, 2019

Ideas And Themes In Writings English Literature Essay

Ideas And Themes In Writings English Literature Essay Writers use lots of literary techniques and features to support their ideas and themes in their writings.All those tehniques are design to manipulate and shape the readers perceptions.They position readers to respond to the writing in certain ways,either agreeing with or disputing those themes.Themes of allienation,nostalgia to love and loss are very often repeated in Literature.We can see this very clear in three short stories which I would like to write about , Erneast Hemingways Hills Like White Elephants,John Cheevers The Enormous Radio and Doriss Lessing To Room Nineteen.In first story Hemingway tells us about inabillity to communicate effectively in a relationhip.Main characters got a huge difficulty in articulating their feelings which makes them frustrated with each other.In The Enormous Radio we see themes such as addiction and loss of control,hidden secrets ans scandals and communication issues but they all lead to the main theme of this story which is loss of love.Last Dor is Lessing story themes are theme of allienation,identity issue and loss of sense of being.Main character of this story,Susan is portrayed as a prisoner of ideology driven by sociaty that women are expected to be gladly and willingly acepting their repression and bondage. Narrative point of viewe is one of the first techniques which has huge influence on meaning and tone of the story.All stories are written in the same a third person point of viewe but with a little difference between them.Erneast Hemingway wrote Hills Like White Elephants in third person point of view and objective which is limited to what characters say and do.He doesnt reveal their thoughts ang feelings,as a readers we need to guess that by interpreting the text.In Enormous Radio we see that narrator use the same third person point of viewe but its omniscient.He is able to describe not only each characterà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s actions but also their inside emotions,motives, and feelings.Sometimes narrator even takes subjective approach by describing one of the characters Irene as a self-centered women which is only concerned about how people viewe her and by describing Jim as a loyal and hard working man who tries very hard to give her and their children a comfortable life.In Doriss Lessings To Room Nineteen story starts from the third person narrative point of viewe only to shift later in a story to first person point of viewe.Lessing uses stream of concioussness techinque and interior monologue which creates the impression for the reader that he is almost eavesdropping on the flow of concious experience in characters mind.This give a reader an acces to thoughts,emotions and sensations experienced by a character. Varied details of setting and character has got a huge contributon to the maning of these short stories.Setting plays the biggest role in Hemingways story where even the title refers to symbolical importance of it.Jig,one of the characters of a story,by describing the hills that they look like white elephants refers to her pregnancy and the main issue of this story which is abortion.She describes the hills in the distance that they look like white elephants because American which she travells with,views the baby as an aproaching obstacle to their careless life.The rest of a setting also provides symbolism which express the tension and conflict between the couple.The train tracks going into two different directions,in between which couple sits at the train station might refer to couple being in the middle of making drastic decision. A couple is just like those tracks which run side by side but will never have a chance to meet. Different kind of land on both sides,on one green and fert ile and on the other dry and without trees also describes their different viewe and interpretation of the dilemma of pregnancy.In The Enormous Radio,the arrival of the new radio which changes its setting,going deeper in the house,moving from the door to the middle of the living room behind the couch because of its physical ugnliness it seems to be like agressive intruder,intruding Irenes life.By listening to the radio which picks up noises and conversations from the whole building she also starts intruding on other people lifes.This is how we start to see huge change in Irene and her relationship with Jim.She gets involved in people lives heard on the radio so much she soon became depressed and changes from a pleasant, rather plain woman to a woman who doubts who she is and doubts in her relationship with her husband.They both start to realise there is a tension in their marriage,that Irene has many dark,deep secrets which she has hidden very well all these years and which she feels guilty about.Setting its not so important in this story.Narrator is trying to concentrate only on the radio,voices and music coming out of it which plays huge role in a story by shaping atmosphere of a story and also changing mood of a main characters.The same we will see in Doris Lessings story where there is less description on setting but this minimalism have huge importance for the meaning.This minimalism gives the reader a sense of unfulfilled emptiness of a relationshp between Susan and Matthew and emptiness in Susans life which is described as a desert which shows her hopelessness and depressesion.Also the empty room nineteen which in she spends most of a time describes Susans need of allienation. Use of techniques such as irony,symbolism an understatement by wrtiers in those short stories has got a huge impact on themes.The most important in those stories is symbolism which is a use of symbols to represent or suggest other things or ideas.As said before in Hills Like White Elephants we can already see symbolism in the title of a story.Jig refers to the hills that they look like white elephants to talk about abortion which is the main theme of this story.A white elephant is a largely useless object that is expenssive to own and maitain which symbolise a unborn baby.The whole symbolism of a setting is important in many ways which I already had a chance to analyse earlier.The rail tracks could symbolise Jigs and Americans relationship and being in the middle of making an important decision.Two sides of a station described in a story has its own meaning,green can by a symbol of life, baby, a new beggining and dry side can represent death and abortion.Irony in this story mainly sh ows Jigs frustration towards the American and this is its main purpose.In conversation between them about licuorice and its familiar taste we can clearly see Jig is not only refering to a drink but also to their lifestyle which she is able to abandon at any point to settle down.I believe huge impact on the story has the last sentence spoken by Jig,when she tells the American she is fine.We can understand this sentence as an irony and that Jig will go through with the abortion because of her inability to communicate her feelings to the American wich leaves her frustrated and not being able to fight anymore.Also conversation between them,about such an important subject which is abortion,seems to be very simple,trivial and even pointless.The talk about good drinks and lovely hills is only a cover for a deadly argument.This tehnique used by Hemingway is called understatement.Again symbolism is used in Johns Cheever The Enormous Radio.It is mainly used to describe the hidden meaning of t he radio from the title.It symbolise an addiction and loss of control.Irene gets so obssesed with listening to her friends and neighbours on the radio that she is not even interested anymore in her relationships with other people in real life.She prefers to go home and eavsdropp on them through the radio.Radio also symbolise a hidden secret and scandal.When Irene start to doubts happiness of her marriege,all secrets are being revealed like theft and abortion, which she was hiding all these years.Radio is also used as an irony.It was purchased to bring joy and happiness to Irenes and Jims life but it only caused trouble between them revealing deep and dark secrets.In To the room nineteen again we can find symbolism in the title of a story.We see Susan as a woman who has been caught up in the web of the social roles in a community and she is trying to step out of this world into a world of her own making which is room nineteen.She is no longer a wife and mother in this room,she escape s her social role and she finally finds peace and freedom.We can see an irony in words describing Susan and Matthew as intelligent which is the very characteristic that is their downfall.Although they do everything sensibly in their minds, their repression of her as a woman is anything but intelligent.Also Lessing use repetition technique, using word intelligence fiftee times to make an irony even stronger. Dialogues,conversations between characters have also big impact on the meaning of those stories.Hemingway story is told in third person point of viewe and it doesnt tell us any facts about characters.This is why dialogue is important and we need to interpretate it to find out about attitudes oh the main characters towards each other.Their are able in this way to speak for themselve and we can also see through the tone and pattern of the dialogue,exsistence of a deep problem in their relationship.In The Enormous Radio dialog has the same purpose.We are able through dialogue to find out more about characters thoughts and feelings.We also in a dialogue see a tension between main characters,which bilds up towards the end of the story.In the To Room Nineteen Doris Lessing we can see through dialogues between Susan and Matthew the lack of communication in their married life.Lessing also use interior monologue to stress the meaning of the story.Through Susans interior monologue we can see h er helplensness and emptiness of her marriage life. All those strories got their own specific structure which has an impact on the mood and atmosphere of these stories.In Hemingways Hills Like White Elephants setting frames the story,it plays a crucial role in determining the atmosphere in his work. The choice of a setting and objects supports the sytuation and develops the story conflict.Also dialogues are holding the story together,they tell us about the main theme of a story.In The Enormous Radio music frames the story, creates the mood and reveals the emotional transition of the characters.In To Room Nineteen Doris Lessing is using more literary techniques in her writing to support the meaning. Narrator by changing the tone of language creates a mood.At the beggining of a writing words are longer which makes reading slower and creates very peacfull effect.But than towards the end of a story narrator is trying to create tension in a story and starts using shorter words which makes our reading much quicker.Also stream of conciousnes s technique adds dramatic effect to the story and without it writing would be very bland. I have really enjoyed reading short stories,especially those three which I have chosen for this evaluation and analysis.Mainly I believe so because of female issues in sociaty presented in those stories.Earnest Hemingways Hills Like White Elephants is deffinitelly my favourite.It is very interesting that narrator doesnt reveal any informations about characters,what they think and feel.To find out we need to interpretate the text,in this case dialogue between them.Through reading the story I felt like sitting next to the couple,eavsdropping on their conversation.Because there is a huge communication issue between them and they are unable to reveal their true feelings again it is left to the reader to analyse what characters are really thinking.It also intrigued me how story shows a contrast between male and female viewe on relationsips.When abortion for Jig,killing their unborn baby is a huge decision for her,for American is only a simple operation letting the air in.He doesnt identif y himself with the baby which is an obstacle for him and his careless lifestale. I also found The Enormous Radio very interesting to read.I think John Cheever through this story again proved the fact how communicating issues between people might affect their relationship.Irenes secrets and scandals creates tension between their marriage and they lead to loss of trust and love between them.The structure of a story has also catched my attention.I found it very interesting that music was creating the mood in the story and that music was revealing the emotional transition of the characters.In To Room Nineteen I was hugle intrested in Lessings attitude towards female repression, alienation and escape which is all exposed in this story.She tries to explain how social, cultural, and ethic diversions,how they all limit women perspectives and experiences and their intellectual, spiritual, and emotional freedom.By indroducing us to the main character Susan,which entire exsistence was like pri son,she tells us that this allienation might even result in mental breakdown.Short stories are very quick and enjoyable reading but still they have a huge depth and important message hidden in them.I would deffinitely recomend to others short stories which I had a chance to read and I will also continue to expand my experience as a reader.

Wednesday, November 13, 2019

The Skeletal System Essay -- essays research papers

Chapter 7 I.Bone Structure A.  Ã‚  Ã‚  Ã‚  Ã‚  Bone Classification 1.  Ã‚  Ã‚  Ã‚  Ã‚  4 Classes – Long, Short, flat and irregular 2.  Ã‚  Ã‚  Ã‚  Ã‚  Example of a long bone- forearm and thigh bones. 3.  Ã‚  Ã‚  Ã‚  Ã‚  Short Bones are shaped like cubes 4.  Ã‚  Ã‚  Ã‚  Ã‚  Ex. Of short bones are in wrists and ankle bones 5.  Ã‚  Ã‚  Ã‚  Ã‚  Flat bones are platelike structures 6.  Ã‚  Ã‚  Ã‚  Ã‚  Ex of Flat bones are platelike structures 7.  Ã‚  Ã‚  Ã‚  Ã‚  Irregular bones vary in size 8.  Ã‚  Ã‚  Ã‚  Ã‚  Irregular bones vary in size 9.  Ã‚  Ã‚  Ã‚  Ã‚  Examples of irregular bones are those of the vertebra and some facial bones 10.  Ã‚  Ã‚  Ã‚  Ã‚  Round bones are also called sesamoid bones i.  Ã‚  Ã‚  Ã‚  Ã‚  They are small and modular and embedded in tendons ii.  Ã‚  Ã‚  Ã‚  Ã‚  Example is the patella (kneecap) B.  Ã‚  Ã‚  Ã‚  Ã‚  Parts of a long bone 1.   Ã‚  Ã‚  Ã‚  Ã‚   An expanded end of a long bone is an epiphysis 2.  Ã‚  Ã‚  Ã‚  Ã‚  An epiphysis articulates with another bone 3.  Ã‚  Ã‚  Ã‚  Ã‚  Articular Cartilage is located on the epiphysis 4.  Ã‚  Ã‚  Ã‚  Ã‚  The shaft of a long bone is called a diaphysis 5.  Ã‚  Ã‚  Ã‚  Ã‚  Periosteum functions t form and repair bone tissue 6.  Ã‚  Ã‚  Ã‚  Ã‚  Periosteum is a tough, vascular, fibrous membrane covering the diaphysis of a bone 7.  Ã‚  Ã‚  Ã‚  Ã‚  Processes provide sites for attachment of tendons or ligaments 8.  Ã‚  Ã‚  Ã‚  Ã‚  The wall of the diaphysis is composed of compact bone 9.  Ã‚  Ã‚  Ã‚  Ã‚  Compact bone has no gaps 10.  Ã‚  Ã‚  Ã‚  Ã‚  Ephiphysis is composed of spongy bone 11.  Ã‚  Ã‚  Ã‚  Ã‚  Spongy bone consists of bony plates called trabeculae 12.  Ã‚  Ã‚  Ã‚  Ã‚  A bone is composed of spongy and compact bone 13.  Ã‚  Ã‚  Ã‚  Ã‚  A canal called the medullary cavity runs through the diaphysis 14.  Ã‚  Ã‚  Ã‚  Ã‚  The endosteum lines this cavity and spaces of the spongy bone 15.  Ã‚  Ã‚  Ã‚  Ã‚  Endosteum contains bone forming cells 16.  Ã‚  Ã‚  Ã‚  Ã‚  The tissue that fills the spaces of the bone is called marrow 17.  Ã‚  &nb... ...ome osteocytes 11.  Ã‚  Ã‚  Ã‚  Ã‚  Periosteum comes from cells of the primitive conncective tissue that persist outside of the developing bone. 12.  Ã‚  Ã‚  Ã‚  Ã‚  Compact bone is formed by osteoblasts on the inside of periosteum 13.  Ã‚  Ã‚  Ã‚  Ã‚  Intramembranous ossification is the process if replacing connective tissue to form an intramembranous bone. D.  Ã‚  Ã‚  Ã‚  Ã‚  Endochondral Bones 1.  Ã‚  Ã‚  Ã‚  Ã‚  Most of the bones are these types of bone 2.  Ã‚  Ã‚  Ã‚  Ã‚  They develop as masses of hyaline cartilage 3.  Ã‚  Ã‚  Ã‚  Ã‚  Eventually the cartilage decompses forming periosteum from connective tissue that encircles that developing structure 4.  Ã‚  Ã‚  Ã‚  Ã‚  Blood vessels and undifferentiated connective tissue cells invade the disintegrating tissue 5.  Ã‚  Ã‚  Ã‚  Ã‚  Some of these cells become osteoblasts 6.  Ã‚  Ã‚  Ã‚  Ã‚  Ostoeblasts form the spongy bone in the spaces previously housed by cartilage 7.  Ã‚  Ã‚  Ã‚  Ã‚  Endochondral ossification is the process of forming an endochondral bone by the replacement of hyaline cartilage.