Sunday, May 10, 2020

Transformational Learning Within The Student Athlete

Recent studies have demonstrated the powerful impact of transformational learning on feelings of cynicism among college students (Duarte, 2010). Transformational learning within the student-athlete population has not been empirically studied, although the potential benefits are enormous as student-athletes have been found to experience feelings of cynicism throughout their collegiate careers, despite initial feelings of optimism (Adler Adler, 1985). The commercialized nature of intercollegiate athletics today presents a unique environment in which to implement effective student-athlete focused career development interventions. Student-athletes face developmental difficulties unique to the student-athlete experience within a socially, athletically, and academically micromanaged context (Duarte, 2010). Transformational learning can exist as a byproduct of emancipatory learning, which can help student-athletes navigate the demands of conflicting roles, reflect critically, and negotiate profound transitions. Transformational learning has the potential to enhance student-athlete specific career development initiatives. The barriers of transformational learning among the student-athlete population will be examined within a social, developmental, and psychological context. The Five-Step Career Planning Strategy considers all aspects of an athlete’s life, which may help student-athletes balance their conflicting roles, while encouraging perspective transformation (Stambulova,Show MoreRelatedThe Theories, Social Transmission Versus Social Transformational Theories1548 Words   |  7 Pagescurriculum all had a role in a students’ development. â€Å"In a progressive setting, the teacher is no longer the authoritarian figure from which all knowledge flows; rather, the teacher assumes the peripheral position of facilitator. The teacher encourages, offers suggestions, questions, and helps plan and implement courses of study† (Sadovnik, 2006). There is an on-going debate in education about what are the most affective theories, social transmission versus social transformational theories. DeMarrais (1994)Read MoreSports : A Major Influence On Youth Development Essay1755 Words   |  8 Pageslife† (2016). In addition to healthier physical well-being, sports also improves mental health. Sports inspires students to perform better in school, develop a positive self-image and reduce the risk of developing eating disorders (2016). Adolescence is a important time of self-actualization, personal identity and social-group identification. Athletics can be used as an outlet for students, to let out their emotions, find an identity, and build friendships while in a healthy environment. â€Å"Sports hasRead MoreAdministrative Role in Modern Athletics Essay1656 Words   |  7 PagesAthletics The popularity of sports and the increasing number of individuals participating has grown steadily over the past four decades. In high school sports alone, there has been over a 50% increase in total participants between male and female athletes combined from 1971 to 2009 (Masteralexis, 2012). With this type of hyper growth and popularity, organized athletics presents challenges in the ability manage, administer, and develop proper personal to create successful sport programs. ParticipatingRead MoreLearning Theory : Transformational Learning916 Words   |  4 Pages(1991) describes Transformational Learning as â€Å"an attempt to redress an apparent oversight in adult learning theory that has resulted from a failure to recognize the central roles played by an individual’s acquired frame of reference, through which meaning is construed and all learning takes place, and by the transformations of these habits of during the learning process† (p. 4). In correlation to leadership, based upon experience and acquired knowledge, transformative learning is part a systemRead MoreCharacteristics Of A Assistant Coach1925 Words   |  8 Pagestowards the result. They are responsible as well for assisting in developing the players and nurturing them to their full potential. Finally, the assistant has to be able to be loyal and discreet because they have the trust of the athletes that they are working within the operation. They have to be trustworthy because they are responsible for tools that move the organization forward. Teachers exhibit many of the same characteristics as leaders in business or other leadership roles. They are notRead MoreCoaching Leadership Styles Have On Team Culture2388 Words   |  10 Pagesthe effect coaching leadership styles have on team culture. Coaching leadership styles vary from coach to coach, but two specific styles have been used for decades for their practicality and overall effect on team culture. These main styles are transformational and servant leadership. Both of them have merit and can affect the team in different ways bringing together cohesiveness and ultimately trying to reach the goal of national championships. By diving into the extensive history of coaching and lookingRead MoreTCP Task 2 Essay3089 Words   |  13 Pagesï » ¿ English Composition I TCP Task 2 Charlyn Renfrow Student ID #000367512 Leadership. The word means so many things to so many different people. Where a person grew up, what generation they were born into, if they were raised going to church, if they had a teacher that made an impact on their life and so many different ways of life can define what leadership might be to an individual. A search on Amazon.com for â€Å"leadership† generates 113,754 results in the books section. SearchingRead Moretransformational leaders in sports9224 Words   |  37 Pages Pittsburgh Steelers, Kansas City Chiefs, and Minnesota Vikings. Before becoming a coach, Dungy played three seasons in the NFL. Dungy has been involved in a wide variety of charitable organizations, including the Fellowship of Christian Athletes, Athletes in Action, Mentors for Life, Big Brothers Big Sisters, Boys Girls Clubs, the Prison Crusade Ministry, and All Pro Dad. He also works with Basket of Hope, the Black Coaches Association National Convention, Indiana Black Expo, the United WayRead MoreLeadership. Donald Trump3647 Words   |  15 Pagesacademically, rising to be a star athlete and student leader by the time he graduated in 1964. He entered Fordham University and then transferred to the Wharton School of Finance at the University of Pennsylvania from which he graduated in 1968 with a degree in economics. Trump seems to have been strongly influenced by his father in his decision to make a career in real estate development, but the younger mans personal goals were much grander than those of his senior. As a student, Trump worked with his fatherRead MoreSonic Marketing Analysis Proposal8791 Words   |  36 Pagesassociated with these phone brands shows greatest competition with the Android phones, Blackberry’s, and iPhones. These phone types have been able to appeal to the markets of young business professionals, medical consumers, college, and high school students due to its various applications, social networking abilities, internet, and Wi-Fi capabilities. One other advantage suggests the connection of the iPhone, Blackberry, and Android phones with top companies such as ATT and Verizon. These facts cause

Wednesday, May 6, 2020

Summary of website About The Company Free Essays

Netscape Communications Corporation is a â€Å"leading provider of open software for linking people and information over private TCP/IP-based enterprise networks (â€Å"intranets†) and the Internet.† They develop market and support a wide area of enterprise client and server software, tools for development and commercial applications which creates a single communication platform shared for other network applications. All its software is on industrial standard protocols; therefore it can be deployed on any operating system, hardware platform and databases. We will write a custom essay sample on Summary of website About The Company or any similar topic only for you Order Now It can also be connected with various other client/server applications. The software can be used across different geographic locations, third party partners and customers. The product can be used by individuals or by organizations for any internet related transactions such as buying and selling of information, software, merchandise or publications. The company also offers services for the user and the network. These features include graphics and e-mail. The Company also offers software products and tools for intranet users. Their marketing strategy incorporates multiple channel distribution, direct sales, internet, telesales, resellers, value-added resellers and retailers. Some of the companies with which Netscape does business are ATT, Apple, British Telecom, Compaq,   Deutsche   Telekom,   Digital,   France   Telecom,   Hewlett-Packard, IBM, Informix, Novell, Olivetti,   Siemens, Silicon  Ã‚   Graphics, Sybase and Sun. Netscape was incorporated in April 1994 in Delaware. The homepage is available at http://home.netscape.com. The Executive office is situates at 501 East Middlefield Road, Mountain View, California 94043. Stocks are traded on NASDAQ under the symbol â€Å"NSCP†. The U.S. offering was a total of 4,250,000 shares. The International offering was 750,000 shares, carrying the total to 5,000,000 shares. This includes 2,000,000 shares sold by The Company and 3,000,000 shares which were sold by Selling Stockholders. 86,535,395 shares were outstanding from the Common Stock after offering. The summary of the supplemental and consolidated financial information is as follows. In the months of March 1995, June 1995, September 1995, December 1995, March 1996, June 1996 and September 1996. The total revenue was $100,016 the highest in September 1996 and the lowest in $5,814 in March 1995. The gross profit was $85,322 the highest in September 1996 and the lowest in $5,814 in March 1995. The merger related charges were lowest in $2,033 in December 1995 and highest $6,100 in June 1996. Total operating expenses was highest $76,362 in September 1996 and lowest in $10,412 in March 1995. The Net income (loss) per share was 0 in September 1995. How to cite Summary of website About The Company, Papers

Thursday, April 30, 2020

Kohls Dillards Essay Example

Kohls Dillards Paper FINANCIAL ACCOUNTING Kohl’s Corporation and Dillard’s Inc. – Financial Statement Analysis A. Kohl’s Corporation and Dillard’s Inc. are in the retail industry which is a highly competitive industry. There are a high number of retail stores, department stores which compete between each other on local, regional and national level. That competitiveness is highly influencing operating results of the company. The importance of the retail industry emphasizes the sentence below: â€Å"An estimated two-thirds of the U. S. gross domestic product (GDP) comes from retail consumption. Therefore, store closings and openings are an indicator of how well the U. S. economy is recovering after the Great Recession in the late 2000s. †[1] Regarding the size, Kohl’s Corporation has 929 stores in 47 states and Dillard’s Inc. has 326 stores in 29 states. They offer apparel, footwear and accessories for women, men and children, soft home products and other consumer goods. As we can see they differ in numbers of the stores and also in the approach. Kohl’s Corporation is more like discount store where Dillard’s Inc. offers more sophisticated and upscale approach, although both of the companies offer also on-line shopping on their websites. For Kohl’s Corporation we can see their expansion below: | | | | | | |Region |  Ã‚   |States |  Ã‚   | |Net Sales |100. 0% |100. 0% |100. 0% | |Cost of merchandise sold |63. 5% |63. 6% |64. 4% | |Gross margin |36. 5% |36. 4% |35. % | |Operating expense: |25. 6% |24. 7% |25. 0% | | Selling, general, administrative |22. 4% |21. 9% |22. 2% | | Depreciation and amortization |2. 7% |2. 5% |2. 5% | | Preopening expenses |0. 4% |0. 3% |0. 3% | |Operating Income |11. 0% |11. 6% |10. 5% | |Other expenses |0. 4% |0. % |0. 5% | | Interest expense |0. 5% |0. 4% |0. 5% | | Interest income |0. 1% |0. 2% |0. 0% | |Income before income taxes |10. 6% |11. 4% |10. 0% | |Provision for income taxes |4. 0% |4. 3% |3. 7% | |Net income |6. 6% |7. 1% |6. 3% | DILLARD’S INC. COMMON – SIZED STATEMENTS OF OPERATIONS |Dillard? Inc | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |Net Sales |100. 0% |100. 0% |100. 0% | |Cost of merchandise sold |64. 9% |64. 4% |65. 2% | |Gross margin |35. 1% |35. 6% |34. 8% | |Operating expense: |33. 0% |31. 2% |31. % | | Selling, general, administrative |28. 0% |26. 8% |26. 5% | | Depreciation and amortization |4. 1% |3. 9% |3. 9% | | Rentals |0. 8% |0. 7% |0. 6% | | Loss on disposal on assets |-0. 2% |-0. 2% |0. 0% | | Asset impairment and store closing charges |0. 3% |0. % |0. 8% | |Operating Income |2. 1% |4. 4% |3. 0% | |Other expenses interest |1. 2% |1. 1% |1. 4% | |Income before income taxes |0. 8% |3. 3% |1. 6% | |Provision for income taxes |0. 2% |0. 3% |0. 2% | |Equity of earning in joint ventures |0. % |0. 2% |0. 1% | |Net income |0. 7% |3. 1% |1. 6% | KOHL’S CORPORATION COMMON – SIZED BALANCE SHEET |Current Assets | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |   | | | |   | |   |Cash |1. % |2. 1% |1. 4% | |   |Short-term investments |4. 6% |4. 8% |1. 7% | |   |Merchandise inventories |27. 0% |28. 5% |24. 4% | |   |Accounts Receivable |0. 0% |0. 0% |18. 0% | |   |Deferred Income Taxes |0. 7 % |0. % |0. 3% | |   |Other |1. 3% |1. 7% |0. 7% | |   |Total Current Assets |35. 3% |37. 6% |46. 6% | |   | | | |   | |   |Property and equipment, net |61. 6% |59. 3% |50. % | |   |Favorable lease rights, net |2. 0% |2. 4% |2. 3% | |   |Goodwill |0. 1% |0. 1% |0. 1% | |   |Other assets |1. 0% |0. 6% |0. 5% | |   |Total Assets |100. 0% |100. 0% |100. % | |   | | | |   | |Total Liabilities Shareholders’ Equity | | |   | | | | | |   | |Current Liabilities | | |   | |   |Accounts payable |7. 9% |10. 3% |9. 1% | |   |Accrued liabilities |7. 6% |8. 0% |7. % | |   |Income taxes payable |1. 2% |2. 6% |1. 8% | |   |Current portion of long-term debt and capital leases |0. 1% |0. 2% |1. 2% | |   |Total Current Liabilities |16. 8% |21. 2% |19. 1% | |   | | | |   | |   |Long-term debt and capital leases |19. 4% |11. 5% |11. % | |   |Deferred income taxes |2. 5% |2. 7% |2. 4% | |   |Other long-term liabilities |3. 5% |2. 6% |2. 0% | |   | | | |   | |   |Total Liabilities |42. 2% |38. 0% |34. 9% | |   | | | |   | |   |Common stock $. 1 par value,800,000 shares authorized, 350,753 ; 348,502; and|0. 0% |0. 0% |0. 0% | | |345,088 shares issue | | | | |   |Paid in Capital |18. 1% |19. 4% |17. 3% | |   |Treasury stock at cost, 40,285; 27,516; and 0 shares |-22. 5% |-18. 0% |0. 0% | |   |Retained Earnings |62. 2% |60. % |47. 8% | |   | | | |   | |   |Total Shareholders’ Equity |57. 8% |62. 0% |65. 1% | |   | | | |   | |   |Total Liabilities and Shareholders’ equities |100. 0% |100. 0% |100. 0% | DILLARD’S INC. COMMON – SIZED BALANCE SHEET Current Assets | Feb 2, 2008 | Feb 3, 2007 | Jan 28, 2006 | |   |Cash and cash equivalent |1. 7% |3. 6% |5. 4% | |   |Accounts Receivable |0. 2% |0. 2% |0. 2% | |   |Merchandise inventories |33. 3% |32. 8% |32. 7% | |   |Other Current Assets |1. 2% |1. 3% |0. % | |   |Total Current Assets |36. 4% |37. 9% |39. 0% | |à ‚   |Property and Equipment: | | |   | |   |Land and land improvements |1. 6% |1. 7% |1. 6% | |   |Buildings and leasehold improvements |58. 4% |54. 3% |50. 7% | |   |Furniture, fixtures and equipment |36. 9% |40. 0% |38. % | |   |Buildings under construction |1. 8% |1. 1% |1. 7% | |   |Buildings and equipment under capital lease |0. 9% |0. 9% |1. 5% | |   |Less accumulated depreciation and amortization |-39. 8% |-39. 7% |-37. 3% | |   |Total property and equipment |59. 8% |58. 3% |57. 1% | |   |Goodwill |0. 6% |0. 6% |0. % | |   |Other Assets |3. 2% |3. 1% |3. 2% | |   |Total Assets |100. 0% |100. 0% |100. 0% | |Total Liabilities Shareholders’ Equity | | |   | |Current Liabilities | | |   | |   |Trade accounts payable and accrued expenses |14. 1% |14. 8% |15. % | |   |Current portion of long-term debt |3. 7% |1. 9% |3. 6% | |   |Current portion of capital lease obligations |0. 0% |0. 1% |0. 1% | |   |Other short-term borrowings |3. 7% |0. 0% |0. 0% | |   |Federal and state income taxes including deferred taxes |0. 7% |1. 4% |1. 5% | |   |Total Current Liabilities |22. 2% |18. 1% |20. % | |   |Long-term debt |14. 2% |17. 7% |19. 2% | |   |Capital lease obligations |0. 5% |0. 5% |0. 6% | |   |Other liabilities |4. 1% |3. 8% |4. 7% | |   |deferred income taxes |8. 2% |8. 3% |8. 7% | |   |Guaranteed preferred beneficial interests in the companys subordinated |3. 7% |3. 7% |3. % | | |debentures | | | | |   |Total Liabilities |52. 9% |52. 2% |57. 7% | |   |Common stock Class A |0. 0% |0. 0% |0. 0% | |   |Common Stock Class B (convertible) |0. 0% |0. 0% |0. 0% | |   |Additional paid in capital |14. 6% |14. 3% |13. 6% | |   |Accumulated other comprehensive loss |-0. 4% |-0. 4% |-0. % | |   |Retained Earnings |50. 2% |48. 9% |43. 7% | |   |Less Treasury stock at cost Class A |-17. 3% |-15. 1% |-14. 7% | |   |Total Shareholders’ Equity |47. 1% |47. 8% |42. 3% | |   |Total Liabilities and Shareholders’ equities |100. 0% |100. 0% |100. 0% | D. ROE = NI / Average stockholders equity KOHL’S CORPORATION ROE2007= 18. 5 % ROE2006=19. 18% DuPont Model |2007 |2006 | |Cost of Taxes |37. 78% |37. 52% | |Cost of Debt |3. 46% |2. 22% | |Operating Profit |10. 95% |11. 64% | |Asset Turnover |1. 68 |1. 72 | |Capital Structure Leverage |1. 67 |1. 57 | |Return on Equity (ROE) |18. 52% |19. 18% | ROE = NI / Average stockholders equity DILLARD’S INC. ROE2007 = 2. 11% ROE2006 = 10. 00 % |DuPont Model |2007 |2006 | |Cost of Taxes |11. 17% |3. 3% | |Cost of Debt |60. 20% |25. 67% | |Operating Profit |2. 06% |4. 37% | |Asset Turnover |1. 37 |1. 43 | |Capital Structure Leverage |2. 11 |2. 22 | |Return on Equity (ROE) |2. 11% |10. 00% | E. Trends in Subcomponents of ROE Trends for Cost of Taxes Kohl has a pretty stable tax rate around 37. 5% while Dillard has a highly unstable one, growing from 3. 42% and 3. 23% in 2005 and 2006 to 11. 17% in 2007. Trends for Costs of Debt While Kohl has fair costs of debt of 3. 6% in 2006 (which is below the industry average of 4%), Willards cost of debt worsened to 60. 2% in 2006 (from 25. 7% in 2005). Trends for Operating Profit Kohls profit slightly dropped by 5. 9% to 10. 95% from 2006 to 2007, Dillard worsened by 58. 2% to an EBIT of 2. 06% from 2006 to 2007. Trends for Asset Turnover Kohls asset turnover rate stayed relatively stable, slightly declining from 1. 72 to 1. 68. Dillard declined from 1. 43 in 2006 to 1. 37 in 2007. Trends on Capital Structure Leverage Kohl nearly doubled their long-term debt and increased their capital structure leverage from 1. 57 in 2006 to 1. 67 in 2007. Dillard reduced their leverage from 2. 22 in 2006 to 2. 1 in 2007. Profitability With 18. 5% ROE in 2007 (19. 2% in 2006), Kohl is by far more profitable than Dillard, whose ROE dropped to 2. 1% in 2007 (from 10% in 2006). While both firms have a similar gross profit (Kohl 36. 5%/2007; Dillard 35. 1%/2007), Kohl achieves an EBIT of 10% against 2. 1% for Dillard. Looking at both companies RNOA, it confirms that Dillard is struggling with a very low NOPM of only 1. 75% in 2007 against 6. 8% in the same year for Kohl, while Dillard is making better use of their net operating assets. F. Kohl’s Corporation asset efficency Dillard’s Inc. asset efficency G. Liquidity and solvency for Kohl’s Corporation Liquidity Solvency |2007 |2006 |2005 | |Current ratio |2. 10 |1. 78 |2. 44 | |Quick ratio |0. 49 |0. 43 |1. 16 | |Debt-equity ratio |0. 73 |0. 61 |0. 54 | |Interest cost |5. 76% |3. 64% |8. 36% | Liquidity and solvency for Dillard’s Inc. |Liquidity Solvency |2007 |2006 |2005 | |Current ratio |1. 64 |2. 10 |1. 7 | |Quick ratio |0. 14 |0. 28 |0. 30 | |Debt-equity ratio |1. 12 |1. 09 |1. 36 | |Interest cost |170. 30% |35. 68% |86. 90% | COMPARISON OF CURRENT RATIO‘S FOR KOHL’S CORPORATION AND DILLARD’S INC. [pic] COMPARISON OF QUICK RATIO [pic] COMPARISON OF DEB T TO EQUITY RATIO [pic] COMPARISON OF INTEREST COST [pic] [1] Farfan, Barbara â€Å"Retail Industry Information: Overview of Facts, Research, Data Trivia  2011†. About. com June 2011 http://retailindustry. about. com/od/statisticsresearch/p/retailindustry. htm We will write a custom essay sample on Kohls Dillards specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Kohls Dillards specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Kohls Dillards specifically for you FOR ONLY $16.38 $13.9/page Hire Writer

Friday, March 20, 2020

Datalink layer essays

Datalink layer essays 2.0 PURPOSE Networking, are becoming essential and common in computer communication in small business, big companies and even home network. Networking is two or more computers linked together using communication medium and run by hardware and software components. The data communication is broken down into several tasks, where one is built over the other. These tasks are handled by entity which interacts with adjacent entity, for example the lower entity support the upper entity. These entities are listed below: 1. Application layer generates data to be transmitted 2. Presentation layer accepts messages generated by the application layer. 3. Session layer to set up dialogue between 1 applications 4. Transport layer ensures all messages are delivered correctly 5. Network layer responsible for collecting and routing the data 6. Data Link layer prepare messages for physical transporting 7. Physical layer transmitting data over the communication medium The seven layer of entity is called open systems interconnection (OSI) model. The OSI model allows communication between different types of computer systems. This assignment focuses on the 2nd layer of the OSI model, how it interacts with adjacent layers, purpose of the layerfunctionality of the layer, protocols and hardware. 2.0 Purpose According Forouzan 2003 data links layer hold a vital role as a second layer in the open standard interconnect (OSI) model. It transmitted information from layer 3 and received data from layer 1.It primary function is to pass a data message to another network or node. Data Link layer work as a filter that check and label wether the data can be send or receive from the next layer. The data link layer also must ensure that the incoming data arrive exactly like it was transmitted by the sender. If the data is corr...

Wednesday, March 4, 2020

cryptonym - definition and examples of cryptonym

cryptonym - definition and examples of cryptonym Definition A cryptonym is a word or name thats secretly used to refer to a particular person, place, activity, or thing; a code word or name. A well-known example is Operation Overlord, the cryptonym  for the Allied invasion of German-occupied western Europe during World War II. The term cryptonym is derived from two Greek words meaning hidden and name. See Examples and Observations below. Also see: Name That -nym: A Brief Introduction to Words and NamesPseudonym Examples and Observations Cryptonyms are  often temporary, are known to only a select group of people, and are usually of unrelated or at best covert meaning. Some  cryptonyms are  simply combinations of letters and figures.(Adrian Room,  An Alphabetical Guide to the Language of Name Studies. Scarecrow, 1996)Reinhard was the cryptonym for the German plan to exterminate the Jews of Poland.(MichaÅ‚ Grynberg, Words to Outlive Us: Voices From the Warsaw Ghetto. Macmillan, 2002) White House CryptonymsThe Oval Offices next occupant opted for this moniker [Renegade] after being presented with a list of names beginning with the letter R. As custom dictates, the rest of his familys code names will be alliterative: wife Michelle is known as Renaissance; daughters Malia and Sasha are Radiance and Rosebud, respectively.(Renegade: President-elect Barack Obama. Time magazine, November 2008) CIA CryptonymsThe true identities of  cryptonyms are  among the most precious secrets of the Central Intelligence Agenc y (CIA).- The CIA often used multiple cryptonyms for the same entity to strengthen operational security and maintain compartmentalization of the information.In the CIA nomenclature, cryptonyms always appear in capital letters. The first two letters were used for cryptographic security and were based on factors such as the geography or type of operation.  The rest of  the cryptonym  was a word selected randomly from a dictionary, in principle with no particular relation to the place or person  the cryptonym  was supposed to mask. However, it is not difficult to imagine tongue-in cheek CIA officers picking words like wahoo for Albanian, drink for Greece, credo for Rome, gypsy for communist, roach for Yugoslavia, crown for United Kingdom, steel for Soviet Union, and metal for Washington, D.C.(Albert Lulushi,  Operation Valuable Fiend: The CIAs First Paramilitary Strike Against the Iron Curtain. Arcade, 2014)- Vladimir I. Vetrovwho had the cryptonym FAREWELLreported to Weste rn intelligence services that the Soviets had placed bugs on the printers used by the French intelligence service for communications.(Ronald Kessler, Inside the CIA. Simon Schuster, 1992)- The longtime personal physician of the Castros mother and some of her daughters was a reporting source. Bernardo Milanes, known to  the Agency by  his cryptonym  AMCROAK, was recruited in December 1963 in Madrid. At the time he and others were plotting an assassination attempt against [Fidel] Castro.(Brian Latell,  Castros Secrets: The CIA and Cubas Intelligence Machine. Palgrave Macmillan, 2012)-  The Farm was known officially by the  cryptonym  ISOLATION. The names of places and operations were a special language in the Agency.(Don DeLillo,  Libra. Viking, 1988)-  Flower was the overall top-secret code-name designator given to anti-Qaddafi operations and plans. Only about two dozen officials, including the President and Casey, were given access.Under Flower, Tulip was the code name for a CIA covert operation designed to topple Qaddafi by supporting anti-Qaddafi exile movements.(Bob Woodward, Veil: The Secret Wars of the CIA, 1981-1987. Simon and Schuster, 2005) Pronunciation: KRIP-te-nim

Monday, February 17, 2020

Finance Essay Example | Topics and Well Written Essays - 3000 words - 1

Finance - Essay Example These open ended funds are still hailing the demanding curse of present age. Using the mutual fund scheme was more beneficial for the investors and was less fruitful for the manager or the body managing and investing the funds. Therefore to make more money from limited funds a newer system was stemmed into the fabric of trade. That system was to engage poor into this business by investing money in the form of blocks. This trick helped the managing body to withdraw more money out of the flow in the form of commission. On the contrary it involved less investment share which was easy to contribute by an average investors. Hence it had the characteristics of close ended mutual fund accompanied by replication of index. This system was easy to manipulate and friendly to the traders. In a nut shell the trade of funds took place in exchange of securities. It was a simple game that could be played without time limit. It had small shares than mutual funds, was more idealized and encouraged by majority of traders and investors. This scheme of investing the funds was given the name of exchange trade funds. It is the combination of index fund and close ended fund. Exchange trade system is more efficient than mutual fund system because it is easy to trade on fewer expanses and trade does not have time limits, buying and selling can be performed in same day. â€Å"ETFs have very low expense ratios, are traded intraday and are purchased from the secondary market through a broker who receives a commission†. (Rogers 108) The idea of joint or combined investment is centuries old even when there was no concept of currency. This fashion of mutual investment was started by the merchants particularly in Europe. While peeping into the past, the merchants of 17th century practiced to take their goods to the far areas where they were able to earn a handsome interest on their investment. But the urge to gain more profit forced their minds to seek some new