Thursday, May 21, 2020

Why do oil prices and Canadian dollars move together

Have you  noticed that the Canadian dollar and oil prices move together? In other words, if the price of crude oil goes down, the Canadian dollar also decreases (relative to the U.S. dollar). And if the price of crude oil goes up, the Canadian dollar is worth more. Theres an economic mechanism at play here. Read on to learn why the Canadian dollar and oil prices move in tandem. Supply and Demand Because oil is an internationally traded commodity and Canada is so small relative to the United States and the  European Union, price changes in oil are caused by international factors outside of Canada. The demand for both oil and gas is not  elastic  in the short run, so a rise in oil prices causes the dollar value of the oil sold to rise. (That is, while the quantity sold will decrease, the higher price will cause the total revenue to rise, not fall). As of January 2016, Canada exports around 3.4 million barrels of oil a day to the United States. As of January 2018, the  price of a barrel of oil  is about $60. Canadas daily oil sales, then, are about $204 million. Because of the magnitude of sales involved, any changes in the price of oil have an impact on the currency market. Higher oil prices drive up the Canadian dollar through one of two mechanisms, which have the same result. The difference is based  on whether the oil is priced in Canadian or American dollars—as it generally is—but the final impact is identical. For different reasons, when Canada sells a lot of oil to the U.S., which it does on a daily basis, the loonie (the Canadian dollar) rises. Ironically, the reason in both cases has to do with currency exchanges, and in particular, the value of the Canadian dollar relative to the U.S. dollar. The Oil is Priced in U.S. Dollars This is the most likely of the two scenarios. If this is the case, then when the price of oil rises, Canadian oil companies receive more U.S. dollars. Since they pay their employees (and taxes and many other expenses) in Canadian dollars, they need to exchange U.S. dollars for Canadian ones on foreign exchange markets. So when they have more U.S. dollars, they supply more U.S. dollars and create demand for more Canadian dollars. Thus, as discussed in Forex: The Ultimate Beginner’s Guide to Foreign Exchange Trading, and Making Money with Forex, the increase in the  supply of the U.S. dollar drives the price of the U.S. dollar down. Similarly, the increase in demand for the Canadian dollar drives the price of the Canadian dollar up. The Oil Is Priced in Canadian Dollars This is a less likely scenario but easier to explain. If oil is priced in Canadian dollars, and the Canadian dollar rises in value, then American companies need to buy more Canadian dollars on foreign exchange markets. So the demand for Canadian dollars rises along with the supply of U.S. dollars. This causes the price of Canadian dollars to rise and the supply of U.S. dollars to fall. Source Kaplan, James P. Forex: The Ultimate Beginners Guide to Foreign Exchange Trading, and Making Money with Forex. Paperback, CreateSpace Independent Publishing Platform, April 9, 2016.

Wednesday, May 6, 2020

Adolescent Relationships 10 Things I Hate About You Essay

Over the course of adolescence, people interact with one another, forming relationships, whether they are healthy or unhealthy. There is a large correlation between the self-esteem of the two people, and the state of their relationship. The lower one’s self-esteem in a relationship is, the unhealthier their relationship is likely to be. Conversely, a healthy or unhealthy relationship can also raise or lower one’s self-esteem. In the 1999 film â€Å"10 Things I Hate About You,† the relationship between Kat Stratford and Patrick Verona is an example of how a healthy relationship can raise one’s self esteem, while the relationship between Bianca Stratford and Chastity Church shows how a low self-esteem can lead to an unhealthy relationship. At†¦show more content†¦Chastity has a low self-esteem, as shown in their conversation during the exposition of the film. When they are discussing Bianca’s Prada backpack and their Sketchers, Bianca is discussing how she likes her sketchers, but loves her Prada backpack. Chastity, stopping, replies that she loves her sketchers, obviously a bit offended by the subliminal insult Bianca sent her. However, this only lasts a moment before Chastity plasters a fake smile on her face and moves on. This scene showed how Chastity’s self-esteem was low enough for her to hide the fact that she was hurt and insulted, but also showed the unhealthy relationship the two friends had because instead of talking about how Chastity felt and sharing their emotions, they ignored it and moved on. The large problem in this relationship occurs when Bianca finds out that Joey took Chastity to prom the moment he found out that he wasn’t going to be able to go with her. When Bianca confronts Chastity, they don’t settle the problem in any healthy manners. Instead, Chastity bluntly informs Bianca that Joey was merely aiming to â€Å"nail her† that night and insults her, likely cutting off whatever sort of unhealthy screwed up relationship they’d had. In the 1999 motion picture â€Å"10 Things I Hate About You,† Several interesting adolescent relationships are portrayed, showing the correlation between self-esteem and healthy relationships. While the healthy relationshipShow MoreRelatedThe Taming Of The Shrew And 10 Things I Hate About You Directed By Gil Junger1365 Words   |  6 Pagesof detecting intertextual relationships between texts also enriched your understanding of a significant cultural issue or idea? â€Å" The explicit and implicit subjects of this play - arranged marriages, the authority of fathers and husbands, the obedience expected from daughters and wives, the economic helplessness of most women - were issues and experiences that touched the lives of everyone in Shakespeare’s audience.† – Dorothea Kehler Detecting intertextual relationships between The Taming of theRead MoreTaming of the Shrew/ 10 Things I Hate About You1584 Words   |  7 Pagesin the modern appropriation 10 Things I Hate About You. 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Adopt Children?1055 Words   |  5 PagesHannah Jurs-Allen, a fifth grader with lesbian parents, said, â€Å"I want you to know that I think my family is great, so why don’t you people just stop all this hate? I know that love comes right from the heart. My parents taug ht me love from the start.(Quotes)† Many lesbian, gay, bisexual, and transgender couples are not capable of producing their own children with their partners and turn to adoption. Most of these couples are turned down simply because they are homosexual. LGBT couples should be allowedRead MoreAnalysis of A Catcher In the Ryes Holden Caulfield: Enemy of Himself1686 Words   |  7 Pagesquote, â€Å" I didn’t know anyone there that was splendid and clear thinking and all† (Salinger 4) sets the tone that Holden cannot find a connection with anyone around him and that he is on a lonely endeavor in pursuit of identity, acceptance and legitimacy. The trials and failures that Holden faces on his journey to find himself in total shed light on Holden’s archenemy, himself. In J.D Salinger’s, â€Å"The Catcher in the Rye†, protagonist, Holden Caulfield portrays characteristics of an adolescent boyRead MoreGirls And 10 Things I Hate About You1782 Words   |  8 Pagesreleased that depict the cultural norms, social expectations, and developments of teenagers at that period of time. Those two films, Mean Girls and 10 Things I Hate About You, successfully illuminate the motives and characterizations of young adult life and the troubles and tribulations that come along with it. 10 Things I Hate About You is a film about teenagers growing up in Seattle in the 1990’s. 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Henry, Paine, Freedom Free Essays

Words: 345 Henry, Paine, freedom A comparison of both speeches Two important persons in the American Literature are Thomas Pain and Patrick Henry trying to help the colonist to get their freedom from the Britain. Paine tried to bring the colonists in to reality in his speech. He wanted to remained the colonists how badly the supreme British were treating them. We will write a custom essay sample on Henry, Paine, Freedom or any similar topic only for you Order Now On the other hand Henry tried to persuade the colonists to go to war, using Britain as the enemy, but they tried to persuade the audience, by using different ways. Thomas Pain and Patrick Henry are both authors if the American Literature. Paine wrote â€Å"The American Crisis† and Henry wrote â€Å"The speech in the Virginia convention. † In a way both authors had the same general goal in mind, to persuade the colonists. Henry uses a variation of persuasive techniques. He uses allusion, repetition, and rhetorical questions. In Henry’s speech, he said â€Å"suffer not yourselves to be betrayed with a kiss. † This allusion refers to the story of Judas betraying Jesus with a kiss. On the other hand Paine uses anecdotes, exaggeration, and personal attacks. Paine exaggerates on his speech by comparing the king of Britain to â€Å"a common murderer, a high wayman, or a housebreaker. I would choose Patrick Henry’s speech, because he says what he thinks clearly without holding anything back. When hi ask a question, he wants an answer fast. As he says in his speech â€Å"Give me liberty or give me death. † Because he wanted liberty even if that means to be involve in a war, because they have to do something for their freedom. On the other hand Thomas Pain says a lot of thins exaggeration everything leaving people clueless on what he is trying to say. Lastly we can see by reading those speeches that Henry and Paine wrote their works at different times. Henry using war while Pain is using the history of their ancestors, but both reached their single goal that is freedom. MLA: Henry, Patrick. â€Å"Speech to the second Virginia Convention. † American Literature. Ed. Jeffrey D. Wilhelm, Douglas Fisher, Beverly Ann Chin, Jacqueline Jones Royster. NewYork: McGraw-Hill, 2007. 108-110. Print. Paine, Thomas. â€Å"The crisis, No. 1. † American Literature. Ed. Jeffrey D. Wilhelm, Douglas Fisher, Beverly Ann Chin, Jacqueline Jones Royster. New Yourk: McGraw-Hill, 2007. 124-126. Print. How to cite Henry, Paine, Freedom, Essay examples

Sunday, April 26, 2020

Strategic Choice Vodafone Case Study Essay Example

Strategic Choice: Vodafone Case Study Essay Strategic management is a set of decisions and processes that lead to the development of a successful approach to achieve the organization’s goals. Once the fundamentals such as mission and vision statements, are drawn, those processes that follow â€Å"undergo analysis, choice, implementation and evaluation†. The framework by which strategic management is known, and can be applied to business corporations, is based on processes. As opposed to organizational effectiveness, there is more universal consensus regarding the foundations of strategic management in both the process methodology and the nature of the processes. In this context, an analysis of the conflict an organization faces while designing strategies is essential (Tseng, 223). The corporation chosen for this case study is Vodafone Group Plc. Vodafone has been a leading player in the telecommunications industry in the United Kingdom. Its success here had prompted plans for expansion across the globe. So Vodafone is in an important stage of its evolution as a multinational company. The decisions that the Vodafone management takes in any independent unit can have implications for the organization as a whole. Any corporation’s strategic management goes beyond process planning. Though planning receives much attention, it is just one of a number of processes that must be implemented if a corporation is going to participate in a strategic management framework. This paper presents an empirical study of Vodafone Plc. and explicates reasons for success or failure in its implementation of strategic decisions (Krebs, 532). We will write a custom essay sample on Strategic Choice: Vodafone Case Study specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Strategic Choice: Vodafone Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Strategic Choice: Vodafone Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer As one management guru put it: â€Å"to complete implementation, achieve everything which is intended, and do all of this in a way which is acceptable to organization members – that is, to attain comprehensive success – there needs to be support (especially from influential persons, and those implementing the decision), clarity about what the objectives are and how to reach them, a favourable climate within the organization and a little bit of luck–or at least no bad luck.† (Tseng, 223) At Vodafone there was complete support from both decision makers and those acting on those decisions. This is evident from the way CoreMedia’s comprehensive digital rights management (DRM) infrastructure was installed in a streamlined fashion during 2004. Overhauling the technology upon which an organization runs is no easy task. Vodafone would not have pulled this off without proper co-ordination across all levels. The successful integration of cutting-edge technology helped reduce costs significantly and made operations more efficient. In this case, all the criteria for success, as drawn up by Vodafone’s strategic framework, were executed flawlessly (Krebs, 534). However, Vodafone’s decision to acquire Tele2’s business units in Italy and Spain has proved to be a challenging operation so far. The decision to acquire was made in October of 2007, so it is early days yet. But if industry analysts’ predictions come true the balance sheet at the end of this financial quarter will show negative results. The reason for this probable glitch in Vodafone’s impressive strategic management record is this: â€Å"Though senior managers were in favour, those directly affected by the acquisition are suspicious and unlikely to give wholehearted support. What the acquisition was to achieve was never made explicit, so what had to be done was unclear. The two divisions operated in completely different ways; a sharper cultural contrast could hardly be found, with each division having different values and ways of working. It is now believed that no propitious factors could help to overcome this daunting combination† (Krebs, 535). For successful implementation of strategies, planning should be meticulous and resources should be sufficient. Also, the right climate should prevail within the industry. These factors work in a synergistic way to help achieve the highest level of success. The pattern of these disparate factors acting in coordinated synchrony is most important. The strength of any strategic initiative lies in this seamless integration (Wilton, 904). Formulation of business strategies depend on the Chief Executive’s assessment of future trends in the industry. If the top leadership’s reading of the opportunities and competition is not up to mark, the result may be disastrous. When these assumptions flounder, the company’s’ investments in these initiatives will go down the drain. Vodafone is fortunate in having Arun Sarin as its Chief Executive Officer since the December of 2002. Sarin took over the reigns when the company was in crossroads. It is to his credit that the company has seen healthy consolidation and expansion over the last few years (Wilton, 904). Eventually, the success of a business corporation would depend on the strategic decisions that it takes. But, there is no blue-print or framework that can lead to definite success. Even choosing between the commonly used strategic frameworks -transformational and operational – is never straightforward. The context in which the decisions are made should be accorded careful consideration. An empirical study of decision making in Vodafone would indicate the unconventional nature of its decisions. Right from its inception, and particularly since Arun Sarin took over as CEO, decision making has grown much bolder. Let us take the area of advertising and public relations in particular. In December 2004, Vodafone’s followed its sponsorship deal with Ferrari with a donation of one million pounds to the victims of Asian Tsunami. Most companies would have chosen proven methods to gain public recognition and boost their brand image. But going by the financial results of al l its competitors that year, the strategy adopted by Vodafone proves to be more successful. The adoption of two widely different public relations exercises demonstrates its broad and flexible strategic framework (Wilton, 902). Vodafone’s success in finding the right business strategy more often than not is attributable to its management’s understanding of such general considerations as its â€Å"competitive situation, the latent needs of customers, capital markets, the regulatory environment, and new technology, the structure of its industry, and the strengths and weaknesses of its rivals†. Yet this is only the first step. The organization’s ability to execute the strategy is of equal import too. Where Vodafone outclasses most of its competitors is 1. in its emphasis on the execution aspect of strategies and 2. seeing all decisions in the context of broader goals and objectives. A careful study of Vodafone’s decision making pattern reveals that a â€Å"second-best† strategy that they can execute well has always superseded an ideal strategy that may demand capabilities beyond their reach. Vodafone strategy was to acquire greater market-share saw them â€Å"target bigger, high profile clients while retaining and recruiting a quality workforce†. â€Å"Its challenge was to communicate a profound transformation in strategic direction throughout the organization in a manner that would elicit the support of the entire workforce† (Carr , 673). Throughout its existence, Vodafone executives were confronted with conflicting choices. For example, there was always pressure to adhere to regulatory and industry norms from the government. On the other side, there was pressure from stock-holders to gain greater competitive advantage. Growing existing market bases or venturing into potential emerging markets. These were some of the choices that Vodafone has had to deal with. The sustained growth of Vodafone’s net asset value over the last seven years suggests that their choices have been correct. For example, Vodafone AirTouch’s division collaborated with Cisco Systems, Hyundai Electronics and TELOS Technology during trial implementations of a new Internet Protocol for a wireless communications network. Some of the partners in this venture were Vodafone’s direct competitors. Yet, the leadership took the prudent decision in laying the foundation for the technology of the future even at the potential cost of losing revenues in the immediate future (Theodorou , 112).

Thursday, March 19, 2020

The fox essays

The fox essays This paper aims at analyzing the short novel The Fox written by David Herbert Lawrence. The point from the short novel that will be analyzed is concerning Henrys will of marrying March. The two hypotheses formulated are: Henry was interested in the farm and in Marchs capture, like a hunter on an animal. The main goal in this analysis is to confirm which hypothesis best portrays the authors idea. The short novel The Fox portrays the lives of two friends, March and Bandford, as they were called. They lived on a farm by themselves in a peaceful way. Bandford had a weak health, so March did everything at the farm and also took care of her. Henry, (a soldier) arrived at the farm looking for his grandfather, but he had died. So, he stayed in the farm with the girls. As the time passed, Henry decided to marry March, but Bandford was against it. At the end, Banford died and March married him. David Herbert Lawrence was born on 11 September 1885 in Nottinghamshire, England. He wrote about the fulfilled relationships of men and women, and the crucial relationship between human beings and the natural world. He lived on a farm with his family. His main works were Women in love, The Rainbow and others. He wrote The Fox during the I World War in 1918. (Source?) The short novel tells about two friends, March and Bandford that lived alone in the Bailey farm. Bandford had a weak health so March took care about the hard work in the farm. March was odd and absent-minded but had a strange magnanimity. They raised fowls and ducks, and were afraid of a fox that was carrying hens under their very noses. One day March met the fox and they had eye contact. At this moment March was spell-bounded by the fox. The fox impressed her. The time passed and March was also not conscious that she thought of the fox. March was possessed by him. One evening, a young soldier arrived at the farm looking for h...

Monday, March 2, 2020

How to Use FamilySearch Historical Records

How to Use FamilySearch Historical Records Whether your ancestors came from Argentina, Scotland, the Czech Republic, or Montana, you can access a wealth of free historical records online at FamilySearch, the genealogy arm of the Church of Jesus Christ of Latter-day Saints. It has a wealth of indexes available through its free Historical Records Collection, which includes more than 5.57 billion searchable names in 2,300 collections from countries all over the world, including the United States, Canada, Mexico, England, Germany, France, Argentina, Brazil, Russia, Hungary, the Philippines, and many more. However, theres a lot more data available thats not searchable via a keyword, which is where the huge trove of historical document images come in.   Basic Search Strategies There are so many records online at FamilySearch now that a general search often turns up hundreds if not thousands of irrelevant results. You want to be able to target your searches to wade through less chaff. If youve already tried using the exact search checkboxes next to the fields; searched birth, death, and residence places; used wildcards in names that could be spelled different ways; or tried to narrow by relationship with another person, location, or type of record already, you still have other options that can make your search more fruitful. Search by Collection A general search almost always turns up too many possibilities unless the search contains someone with a very unusual name. For best results, start by choosing a country to find collections, via the location search, or by browsing by location down to a particular record collection (e.g., North Carolina Deaths, 1906–1930). When you have the collection open that you want, you can use the narrow by technique within each collection (e.g., use parent surnames only to find married female children in the N.C. Deaths collection).  The more possible places and connected names that you can try, the more meaningful your results will turn out to be.Take notes on the title and years of the collection youre searching, in relation to whom. If the collection is missing records from certain years, youll know what youve been able to check- and what you havent- because those missing records could come online or become searchable one day. Vary the Fields You Use   The records might not have everything in them that youve typed into the narrow by fields if youve used multiple boxes, so it might not come up  even if its there. Try the search multiple ways, varying what fields you try to refine by. Use different combinations of fields. Use Wildcards and Other Search Refinements   FamilySearch recognizes both the * wildcard (replaces one or more characters) and  the ? wildcard (replaces a single character). Wildcards can be placed anywhere within a field (even at the beginning or end of a name), and wildcard searches work both with and without the exact search checkboxes being used. You can use and, or, and not in your search fields as well as quotation marks to find exact phrases. Show a Preview   After your search has returned a list of results, click on the little upside-down triangle to the right of each search result to open a more detailed preview. This reduces your time spent, versus clicking back and forth between the results list and the result pages. Filter Your Results   If youre searching across multiple collections at one time, use the Category list in the left-hand navigation bar to narrow your results by category. This is useful for filtering out census records, for example, which often end up topping results lists. After youve narrowed to a particular category (Births, Marriages Deaths, for example), the left-hand navigation bar will list record collections within that category, with the number of results that match your search query next to each collection title. Browse as Well as Search   Many  collections at FamilySearch are only partially searchable at any given point in time (and many are not at all), but this information isnt always easy to determine from the collection list. Even if a particular collection is searchable, compare  the total number of searchable records listed in the  Collections List  with the total number of records available by selecting the record set and scroll down  to see the number of records listed under View Images in This Collection. In many  cases,  you will find many records available for browsing that arent yet included in the searchable index. Use the Wrong Documents   A childs birth record can find information about his or her parents. Or, being the more recent document about the person, a death certificate could also contain his or her birthdate, if the birth certificate (or vital record or civil registration) is elusive. Dont Forget Nicknames and Variants   If youre searching for Robert, dont forget to  try Bob. Or Margaret if you search for Peggy, Betsy for Elizabeth. Try both the maiden name and married name for women. Volunteering Hundreds of thousands of volunteers have generously donated their time to help to index the collections through FamilySearch Indexing. If youre interested in volunteering, the software is easy to download and use, and instructions are well thought out and generally self-explanatory. A little of your time can help get that genealogy record online for someone else who is searching for it.

Saturday, February 15, 2020

Confederacies and Chiefdoms Essay Example | Topics and Well Written Essays - 1250 words

Confederacies and Chiefdoms - Essay Example   There were three main confederacies that inhabited the Eastern North America, namely the Hurons, the Iroquois and the Powhattans (Johnson & Smith, 2003). The three confederacies took the form of having one single leader who was in charge of different tribes or communities that had been united to form a confederacy. The confederacies were mainly found in the regions of Southern Ontario, near lakes Ontario and Erie, where the Huron confederacy occupied, while the Iroquois Confederacy occupied the central New York region and the Powhattans occupied the Chesapeake regions (Johansen, 2005). On the other hand, the chiefdoms were organizations of a single community under the leadership of their chiefs, who wielded much authority and powers over the people and established informal government structures, with their aides under them, who were responsible for overseeing the implementation of the chief’s authority by the different sections of the community. The chiefdoms occupied the major river ways of the Mississippi River hence their being referred to as the Mississippian chiefdoms (Milner, 2006). The advantages in both forms of political organization is that the coming together of tribes and communities gave the political organizations the strength to fight against their enemies as opposed to when they could fight as single tribes or communities. However, the disadvantage is that the political organizations allowed for the leaders to exploit their subjects since their word was the authority.   Therefore, the subjects had to share the spoils of their hunting, gathering and agricultural exploits with the leaders, through paying such exploits as tribute to the leaders (Milner, 2006). The population estimate of the confederacies and the chiefdoms in the eastern North America region has been the subject of controversy between archeologists. However, there is an agreement between the archeologists, based on the archeological artifacts that have been discovered in this region, that hunting and gathering was the main social and economic activity of the people, while