Problems associated with cultural differences faced by the German GAM Company in South Africa

Competent human staffs are essential in effective management of the human resource, which is a crucial aspect in a firm. Human resource management becomes more essential in managing cross-cultural barriers that are common in multinational corporations, which has ventures in foreign markets.Advertising We will write a custom essay sample on Problems associated with cultural differences faced by the German GAM Company in South Africa specifically for you for only $16.05 $11/page Learn More Failure for multinational corporations in manage cross-cultural challenges effectively may result to reduced performances or collapsing of foreign ventures. Thus, multinational companies should recruit highly competent human resource staffs to incorporate effective human resource strategies that will enhance cross-cultural communications (Bucher Bucher, 2009). The Germany managers and South African associates differ in their views because of their different cultures. Fo r instance, the Germans managers are formal in the manner in which they interact with the South African associates. Their greetings are always formal and they emphasis on titles and rarely use personal names when addressing each other. In job environment, Germans show great differences to various people in various job authorities. Germans communications are formal and establishing and maintaining strong relationships in businesses, as well as in the workplace is rare. Germans often experience problems in relating with fellow workers because of the tendency of their communications being direct to the point that seems blunt. As an alternative of using straight negotiations, Germans opt for written communications. For Germans decisional making is hierarchical with the passing of decisions left to the executives. Once the executives pass decisions, the implementation is as per the decision made with no alterations. On the other hand, South African people do not emphasize on formality in business or workplace communications. Unlike the Germans, South African people stress on the importance of building business and workplace relationships, which they highly value for networking purposes, where they use the offices to establish cordial working relationships. South African people avoid direct and blunt communications. South African people are very careful with their communications. They prefer using analogies and metaphors, in passing important points rather than giving direct points. They prefer face-to-face communications rather than written communications, which they regard as being impersonal. Therefore, the cultural difference that is present between the Germans and South African people is the one to blame for the indifferences they are facing that is affecting performances in GAM plant in South Africa adversely (Muhs, 2001).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The GAM’s model that entails learning on the job is not a suitable strategy in managing cultural diversity and particularly in sensitive international markets, where cultural diversity is sensitive such as in South Africa. The GAM reintroduced its operation in South African following the termination of apartheid in the country. Therefore, the Germans GAM personnel required prior knowledge about the South African culture before the deploying process. However, because of GAM strategy of learning on the job, instead of learning from formal training programs, they lacked appropriate skills to address the cultural differences that exist between the Germans managers and South African associates, which hindered proper performance greatly. The poor performance witnessed at GAM plant in South Africa was avoidable through offering the Germans personnel formal training program of South African culture before deployment. This could have ensured good performance instantly after startin g the operations. Multinational corporations that adopt a global human resource management strategy rather than a local strategy for ventures outside their home base face many challenges. They experience many challenges because people in different regions have diverse cultural orientations that influence how they relate to each other, as well as to foreigners. Because of the different cultural differences that exist across the world, it is very difficult for a multinational corporation to establish a universal strategy that is applicable to manage all its operations across all the regions it has ventured.Thus, those corporations that do so are likely to fail. People in various regions possess differing cultures that influence how they interact. They greatly differ in their communications, as well as the values they possess. Therefore, companies should have local strategies to manage local ventures to have great level of success for foreign ventures. Adopting local strategies to mana ge local ventures is important in managing cross-cultural communication barriers that are prevalent for foreign ventures as the one witnessed by the GAM Company is South Africa. Dr. Kriek’s approach and actions was a very appropriate move in identifying the underlying problem at GAM plant in South Africa. The strategy was a very professional approach that entailed visiting the area and collecting important data from both parties to identify the root cause for the poor performance of GAM operation in South Africa.Advertising We will write a custom essay sample on Problems associated with cultural differences faced by the German GAM Company in South Africa specifically for you for only $16.05 $11/page Learn More The initial information given by the management indicated that the associates employees recruited from South Africa were lazy and unmotivated and required a motivational talk to arouse their drive. However, the study conducted showed that t he problem for poor performance was not the associates being lazy and unmotivated, but there was a cultural misunderstanding between the Germans managers and the South African associates, which contributed to the poor performance. Therefore, Dr. Kriek’s approach and actions was an appropriate approach and concern that identified the root cause of the problem at GAM plant in South Africa (Diller, 2010). The proposal by Dr. Kriek’s for the cultural awareness and sensitivity workshop for management at GAM plant in South Africa is an essential strategy in resolving the underlying problem. The Germans managers at the plant require training on the best manner of interacting with the South African associates to avoid misunderstanding that is hindering proper performance. The Germans tendency to act formal in how they interact, as well as communicate with the South African associates is to blame for the existing confusion between the groups. The South African people adore work relationships and are cautious in their communications to avoid sounding rude. However, the Germans are official and are direct and to the point in their communications, which the South Africans misinterpret as rudeness. Thus, Dr Kriek cultural and sensitivity workshop the Germans managers will be imperative in managing the situation. Dr Kriek will create awareness and sensitive the Germans about the differing cultural orientations and advise them accordingly on how to interact effectively with the South Africa associates to ensure harmony in the workplace. The shortcoming of the process is that it will consume time meant for production, as concerned people will dedicate some time to get appropriate trainings. However, the training will be important for the mangers, as they will be in a better position to understand and handle the South African associates in future endeavors accordingly to facilitate high performance. In conclusion: effective human resource management is imperative for multinational firms. Failure to have competent human resource management results to reduced performance and sometime collapsing of foreign investments because of cross-cultural barriers that hinder effective communications.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nonetheless, managers should get proper trainings before deployment in foreign countries to equip them with necessary skills to manage cross-cultural barriers to enhance performance. Firms should avoid deploying personnel without creating enough awareness and sensitize them about possible cultural barriers they are likely to face to increase the success of these ventures. This will avoid wastage of resources through unnecessary conflicts as the one witnessed between GAM managers from Germany and South African working as associates. Reference List Bucher,R. Bucher, P. (2009). Diversity Consciousness: Opening our Minds to People,  Culture and Opportunities. New York: Prentice Hall. Diller, J. (2010). Cultural Diversity: A prime for Human Service. New York: Prentice Hall. Muhs, K. (2001). Cultural Differences between South Africa and Germany. Retrieved from https://www.grin.com/document/106216 This essay on Problems associated with cultural differences faced by the German GAM Company in South Africa was written and submitted by user Jillian Farmer to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

A Look at My Community essays

A Look at My Community essays The word 'population' is defined as a group of people who live in a particular town, area, or country. For example the population of the United States is around three hundred and fourteen million people. A community, however, "is a unified body of people with common interests living in a particular area" (Epidemiology Foundations). The community I live in is North Buffalo on Norwalk Ave. The people that live here are hardworking people, whom for the most part treat each other nicely and with respect. After doing a 10 block search of my neighborhood and growing up here for 21 years, I discovered some very interesting facts. The ten block radius that I defined includes my street Norwalk Ave, Tacoma Ave, Saranac Ave, Hertel Ave, Linden Ave, Colvin Blvd, and few other streets. In my community there is a somewhat diverse population, we have African Americans, Latinos, and a few Irish people. But for the most part my community is pre dominantly white Italian-Americans. There is a good mix of families and older residents, all though from what I have seen I do believe there are a bit more families. I think it has a lot to do with the weather in Buffalo, most senior citizens don't like living in cold weather climates. In my community there a good number of medical services. There is Sisters Hospital located on Main Street, which are about five blocks from Hertel Ave and the closest to my house. There is also Millard Fillmore Hospital on Maple Rd. in Williamsville, Women and Children's Hospital on Bryant St, and a plethora of other medical institutions that are a maybe a ten to fifteen minute drive from my house. There is also Delaware Pediatrics which is located on Delaware Ave, a ten minute walk from Norwalk Ave., they specialize in children, I should know I was patient there for eighteen years. There are two fire departments located in very close distance to my house. The first one is at 860 Hertel Ave and has been around since 2005....

About John Stuart Mill, a Male Feminist and Philosopher

About John Stuart Mill, a Male Feminist and Philosopher John Stuart Mill (1806 to 1873) is best known for his writings on liberty, ethics, human rights and economics. The utilitarian ethicist Jeremy Bentham was an influence in his youth. Mill, an atheist, was godfather to Bertrand Russell. A friend was Richard Pankhurst, the husband of suffrage activist Emmeline Pankhurst. John Stuart Mill and Harriet Taylor had 21 years of an unmarried, intimate friendship. After her husband died, they married in 1851. That same year, she published an essay, The Enfranchisement of Women, advocating for women being able to vote. It was barely three years after American women had called for womens suffrage at the Womans Rights Convention at Seneca Falls, New York. The Mills claimed that a transcript of a speech by Lucy Stone from the 1850 Womens Rights Convention was their inspiration. Harriet Taylor Mill died in 1858. Harriets daughter served as his assistant in subsequent years. John Stuart Mill published On Liberty shortly before Harriet died, and many believe that Harriet had more than a small influence on that work. The Subjection of Women Mill wrote The Subjection of Women in 1861, though it was not published until 1869. In this, he argues for education of women and for perfect equality for them. He credited Harriet Taylor Mill with co-authoring the essay, but few at the time or later took it seriously. Even today, many feminists accept his word on this, while many non-feminist historians and authors do not. The opening paragraph of this essay makes his position quite clear: The object of this Essay is to explain as clearly as I am able grounds of an opinion which I have held from the very earliest period when I had formed any opinions at all on social political matters, and which, instead of being weakened or modified, has been constantly growing stronger by the progress reflection and the experience of life. That the principle which regulates the existing social relations between the two sexes - the legal subordination of one sex to the other - is wrong itself, and now one of the chief hindrances to human improvement; and that it ought to be replaced by a principle of perfect equality, admitting no power or privilege on the one side, nor disability on the other. Parliament From 1865 to 1868, Mill served as a Member of Parliament. In 1866, he became the first M.P. ever to call for women being given the vote, introducing a bill written by his friend Richard Pankhurst. Mill continued to advocate for womens vote along with other reforms including additional suffrage extensions. He served as president of the Society for Womens Suffrage, founded in 1867. Extending Suffrage to Women In 1861, Mill had published Considerations on Representative Government, advocating for for a universal but graduated suffrage. This was the basis for many of his efforts in Parliament. Here is an excerpt from chapter VIII, Of the Extension of the Suffrage, where he discusses womens voting rights: In the preceding argument for universal but graduated suffrage, I have taken no account of difference of sex. I consider it to be as entirely irrelevant to political rights as difference in height or in the color of the hair. All human beings have the same interest in good government; the welfare of all is alike affected by it, and they have equal need of a voice in it to secure their share of its benefits. If there be any difference, women require it more than men, since, being physically weaker, they are more dependent on law and society for protection. Mankind have long since abandoned the only premises which will support the conclusion that women ought not to have votes. No one now holds that women should be in personal servitude; that they should have no thought, wish, or occupation but to be the domestic drudges of husbands, fathers, or brothers. It is allowed to unmarried, and wants but little of being conceded to married women to hold property, and have pecuniary and business interests in the same manner as men. It is considered suitable and proper that women should think, and write, and be teachers. As soon as these things are admitted, the political disqualification has no principle to rest on. The whole mode of thought of the modern world is, with increasing emphasis, pronouncing against the claim of society to decide for individuals what they are and are not fit for, and what they shall and shall not be allowed to attempt. If the principles of modern politics and political economy are good for any thing, it is for proving that these points can only be rightly judged of by the individuals themselves; and that, under complete freedom of choice, wherever there are real diversities of aptitude, the greater number will apply themselves to the things for which they are on the average fittest, and the exceptional course will only be taken by the exceptions. Either the whole tendency of modern social improvements has been wrong, or it ought to be carried ou t to the total abolition of all exclusions and disabilities which close any honest employment to a human being. But it is not even necessary to maintain so much in order to prove that women should have the suffrage. Were it as right as it is wrong that they should be a subordinate class, confined to domestic occupations and subject to domestic authority, they would not the less require the protection of the suffrage to secure them from the abuse of that authority. Men, as well as women, do not need political rights in order that they may govern, but in order that they may not be misgoverned. The majority of the male sex are, and will be all their lives, nothing else than laborers in corn-fields or manufactories; but this does not render the suffrage less desirable for them, nor their claim to it less irresistible, when not likely to make a bad use of it. Nobody pretends to think that woman would make a bad use of the suffrage. The worst that is said is that they would vote as mere dependents, the bidding of their male relations. If it be so, so let it be. If they think for themselves, great go od will be done; and if they do not, no harm. It is a benefit to human beings to take off their fetters, even if they do not desire to walk. It would already be a great improvement in the moral position of women to be no longer declared by law incapable of an opinion, and not entitled to a preference, respecting the most important concerns of humanity. There would be some benefit to them individually in having something to bestow which their male relatives can not exact, and are yet desirous to have. It would also be no small matter that the husband would necessarily discuss the matter with his wife, and that the vote would not be his exclusive affair, but a joint concern. People do not sufficiently consider how markedly the fact that she is able to have some action on the outward world independently of him, raises her dignity and value in a vulgar mans eyes, and makes her the object of a respect which no personal qualities would ever obtain for one whose social existence he can ent irely appropriate. The vote itself, too, would be improved in quality. The man would often be obliged to find honest reasons for his vote, such as might induce a more upright and impartial character to serve with him under the same banner. The wifes influence would often keep him true to his own sincere opinion. Often, indeed, it would be used, not on the side of public principle, but of the personal interest or worldly vanity of the family. But, wherever this would be the tendency of the wifes influence, it is exerted to the full already in that bad direction, and with the more certainty, since under the present law and custom she is generally too utter a stranger to politics in any sense in which they involve principle to be able to realize to herself that there is a point of honor in them; and most people have as little sympathy in the point of honor of others, when their own is not placed in the same thing, as they have in the religious feelings of those whose religion differs f rom theirs. Give the woman a vote, and she comes under the operation of the political point of honor. She learns to look on politics as a thing on which she is allowed to have an opinion, and in which, if one has an opinion, it ought to be acted upon; she acquires a sense of personal accountability in the matter, and will no longer feel, as she does at present, that whatever amount of bad influence she may exercise, if the man can but be persuaded, all is right, and his responsibility covers all. It is only by being herself encouraged to form an opinion, and obtain an intelligent comprehension of the reasons which ought to prevail with the conscience against the temptations of personal or family interest, that she can ever cease to act as a disturbing force on the political conscience of the man. Her indirect agency can only be prevented from being politically mischievous by being exchanged for direct. I have supposed the right of suffrage to depend, as in a good state of things it would, on personal conditions. Where it depends, as in this and most other countries, on conditions of property, the contradiction is even more flagrant. There something more than ordinarily irrational in the fact that when a woman can give all the guarantees required from a male elector, independent circumstances, the position of a householder and head of a family, payment of taxes, or whatever may be the conditions imposed, the very principle and system of a representation based on property is set aside, and an exceptionally personal disqualification is created for the mere purpose of excluding her. When it is added that in the country where this is done a woman now reigns, and that the most glorious ruler whom that country ever had was a woman, the picture of unreason and scarcely disguised injustice is complete. Let us hope that as the work proceeds of pulling down, one after another, the remains of the mouldering fabric of monopoly and tyranny, this one will not be the last to disappear; that the opinion of Bentham, of Mr. Samuel Bailey, of Mr. Hare, and many other of the most powerful political thinkers of this age and country (not to speak of others), will make its way to all minds not rendered obdurate by selfishness or inveterate prejudice; and that, before the lapse another generation, the accident of sex, no more than the accident of skin, will be deemed a sufficient justification for depriving its possessor of the equal protection and just privileges of a citizen. (Chapter VIII Of the Extension of the Suffrage from Considerations of Representative Government, by John Stuart Mill, 1861.)

Ethics Case Study Term Paper Example | Topics and Well Written Essays - 250 words

Ethics Case Study - Term Paper Example According to Statement of Ethical Professional Practice issued by the Institute of Management Accountants’ (IMA), all members of the accounting profession have the responsibility to mitigate conflicts of interest and communicate regularly with associates in the field to nullify apparent conflicts of interest (Longstaff, 2010). The scenario presents an ethical issue. There is a conflict of interest between the right things the accountant should do against what the CEO wants him to do. Ethical dilemma sets in as the accountant has a hard time discerning and refraining from engaging in conducts that prejudice conducting his duties with the best of interest of all. If I were in the position of the accountant in the case study, I would strive to detach myself from any activities that may discredit the profession of accountancy. Even though my personal interests of retaining my job and paying mortgage are factors that would influence continuity of the company, I would not doctor fiscal records of the company to get a bank loan. I would advise the company CEO to look for more ethical ways to restore financial performance of the

Niagara-Mohawk - Art Deco Essay Example | Topics and Well Written Essays - 750 words

Niagara-Mohawk - Art Deco - Essay Example This essay discusses that there are various distinctive characteristics that differentiate this building from the rest. First, the building is constructed with a central tower that protrudes upwards compared to the rest of the building, giving it the characteristic Mohawk structure. The other distinguishing characteristic of this building is the figurative winged sculpture, which is embedded on one face of the building and installed with decorated lighting systems, which allows the sculptor to beam the lights and give a very attractive glow of mixed-color electric lighting1. The building is 112 feet tall and comprises of 7 floors, with its outward surface completed with an element of fine dà ©cor, which makes the building stand very attractive even from the outside2. From the essay it is clear that the building is installed with an electric system that gives it an outward flood light glory especially at night, with the stainless steel material that is used to construct the building adding to the glow of the building electric lighting, due to its shiny appearance. The building comprises of a set of gray stones and bricks, with an additional matching aluminum and black glass, which combines to give this building one of the finest dà ©cor1. The statue/winged sculptor has fashioned in a manner that it is the region where the electric lights emanate and then spread to form a winged lighting system. The combination of aluminum and stainless steel, as well as gray stones and bricks, allows the building to gleam in day light.... The combination of aluminum and stainless steel, as well as grey stones and bricks allows the building to gleam in day light, while glittering at night when the material combination is added the lighting element 2. The building is installed with extensive interior lighting, which allows people to notice it from very far, while also possessing powerful floodlight illumination at night, the characteristic of a powerful source of lighting. Compared to other art decor buildings such as The Fisher Building, The Niagara-Mohawk building stands out, since it is constructed using stainless steel, aluminum, black glass and grey stones and bricks, while The Fisher Building is a skyscraper that is constructed using limestone, granite, and several types of marble1. In terms of height, The Fisher Building is 30-stories, compared to The Niagara-Mohawk building, which has only 7-storries and is 112 feet tall2. Nevertheless, both buildings are embedded with sculptors, with The Niagara-Mohawk having a winged statue that is supplied with lighting systems that seems to emanate the light from the base of the wings and spread it upwards to the rest of the wing surface. The lighting systems for both art decor buildings are different, with The Niagara-Mohawk having an extensive interior and exterior lighting system, characteristic of a lighting source2. The motifs on The Niagara-Mohawk building relate to represent an electric company, since it is characterized by gleaming during the day and glittering at night, owing to the combination of the extensive interior and exterior lighting system, with the materials used for construction, which include stainless steel, aluminum, black glass

History of Life Through Time Essay Example for Free

History of Life Through Time Essay 1. The website http://tolweb. org/Life_on_Earth/1 shows the basic phylogeny of the three main lineages of life forms. They are â€Å"Archaea,† â€Å"Eubacteria,† and â€Å"Eukaryotes. † It also shows â€Å"Viruses† outside of the tree, with a question mark indicating that its place in the tree is undetermined, if it belongs in the tree at all. 2. This site attempts to show the two alternative phylogenies of the major lineages of life forms. The â€Å"archaea tree† distinguishes two variations of archaea, and shows that archaea are more closely related to eukaryotes than to eubacteria. In the â€Å"eocyte tree,† archaea are not specified at all, but eukaryotes are shown as most closely related to crenarchaeota-eocytes, which was a derivation of archaea in the previous tree. 3. Viruses are not listed in these two phylogenies because they are not proven to be actual life forms. Where archaea, eubacteria and eukaryotes are classified as â€Å"life forms† due to their ability to transfer genes, viruses have not been determined to be living. They are therefore not included on these two phylogenetic trees. At the other website, http://www. ucmp. berkeley. edu/alllife/eukaryotasy. html, a detailed phylogeny of the Eukaryotes is provided. From this it is evident that Fungi are more closely related to Animalia than to Plantae. 5. Both sites show that the major life classifications are â€Å"Bacteria,† â€Å"Eukaryotes,† and â€Å"Archaea. † The â€Å"Tree of Life† site shows the alternatives to how closely the lineages are related, giving two examples of how the three domains may be nested within each other instead of being derived equally. The University of California site breaks down the systematics of each domain separately and more specifically, leaving the three domains as separate entities entirely. Works Cited History of Life Through Time. 2009. University of California Museum of Paleontology. 3 June 2009 http://www. ucmp. berkeley. edu/exhibits/historyoflife. php. Tree of Life Web Project. 1997. Life on Earth. Version 01 January 1997 (temporary). 3 June 2009 http://tolweb. org/Life_on_Earth/1/1997. 01. 01 in The Tree of Life Web Project, http://tolweb. org/.

Prose as Poetry in The English Patient :: English Patient Essays

Prose as Poetry in The English Patient "Never again will a single story be told as though it is only one." John Berger. The English Patient consists of the stories of its four characters told either by themselves or by Ondaatje. Two stories, the accounts of Kip's military service and the many-layered secrets of the patient, are developed while Hana's and Caravaggio's stories are less involved. However, none of these stories could stand alone. The clash of cultures and changing relationships between the characters provide the texture for the novel. They create a complex web in which everyone becomes entangled. Ondaatje uses an extremely complex structure and poetic language to further the interweaving of the characters' lives. According to one critic, "The author's four stories are not a story that gathers momentum from start to finish. They are the widening and fading circles on a pond into which history has plunged like a cast stone." (Eder 203). "The overall structure of the book is circular and allusive, advancing, rounding back on itself, coming to endings that are not necessarily resolutions, and which may be connected to other starting points." (Draper 204). The novel begins en medias reis with the burned English patient already installed in an upper room of the villa. It is near the end of the war. The other doctors and nurses have left leaving only the patient and his nurse. He can only give short, vague descriptions of exploring the Liberian desert. When Kip and Caravaggio enter Ondaatje interlaces flashbacks to give the reader glimpses of their pasts. The novel has third person, but often characters revert to the first person to tell their own story. The least is learned about Hana's past. Most of what is known about her childhood in Toronto is given by Caravaggio. As the novel progresses the English patient's flashbacks become longer, more detailed and coherent. The farther into the novel the farther into the past he recalls. Ondaatje moves toward the denouement obliquely, avoiding standard conventions of plot and narrative voice. The English patient's story is the oldest narrative material, the center around which the rest of the book builds. His story lies at the center of the book, just as the patient himself lies at the center of the villa. " The dialog is pften not substantial enough to carry the deep emotions of the characters, so Ondaatje often relies on intierior monologue.

Baroque Art Essay

Baroque art falls into the period of Counter-Reformation led by the Catholic church against the Protestants. Much of the Baroque art, especially in Italy, reflects reaction to Mannerism, but also the social turmoil of the time. According to the Council of Trent and the Catholic church artworks should be a clear, intelligible subject realistically interpreted in order to stimulate piety. This was part of the reason that the artwork turned towards naturalism, becoming emotionally engaging and intense. STYLE strong perspective effects ramatic color dramatic light and dark (chiaroscuro and tenebrism) movement of figures (especially upwards) broken and agitated draperies loose brushstrokes heavy impasto dense and detailed compositions (for emotional impact on viewer) Wofflin’s 5 points of the differences between Baroque and Renaissance recessional compositions (not planar) Baroque art has continuous overlapping of figures and elements where the Renaissance and clear defined planes that recede in depth. Baroque art often has a sweeping diagonal element that crosses many planes. painterly instead of linear The figures in Baroque art are merged better through chiaroscuro that blends the edges of each form. This creates a mystical union of all the figures/elements. Renaissance art treats each figure in isolation and they appear as discrete objects. Color contrasts, outlines, contours or hard edges contribute to this linearity. open form (not closed form) The figures in Baroque art seem projected out into the viewer’s space (so that the viewer becomes involved in the picture). unity rather than muliplicity Baroque art uses light (and other compositional elements) to create meaning instead of for its purely naturalistic effects or to reveal form. The light sources often are not natural or there are multiple sources. The meaning often emphasizes what will happen in the moment after that depicted. tendency towards unclearness subject matter includes or shows grandiose visions ecstasies and conversions (religious) martydom and death (religious) ephemeral moments and the passage of time intense light powerful psychological renderings (outward emotions, intense contemplation) OVERALL: EXAMPLES: (Italian) Caravaggio, Bernini, (Spanish) El Greco, Velazquez, (Low Countries) Peter Paul Rubens, Rembrandt ARTISTS and IMAGES Italian Baroque Spanish Baroque Baroque in the Low Countries French Baroque Italian Baroque Caravaggio The Conversion of St Paul Santa Maria del Popolo, Rome 1601 Caravaggio The Crucifixion of Saint Peter companion piece of The Conversion of Saint Paul Santa Maria del Popolo, Rome 1601 Caravaggio Calling of Saint MattewSan Luigi dei Francesi, Rome 1600 Caravaggio Death of the Virgin Louvre, Paris 1606 Artemisia Gentileschi Judith and Maidservant Institute of the Arts, Detroit 1625 Francesco Borromini San Carlo alle Quattro Fontane Rome 1665-1676 Gianlorenzo Bernini David Galleria Borghese, Rome 1623 Gianlorenzo Bernini The Ecstasy of Saint Theresa Santa Maria della Vittoria, Rome 1645-1652 Gianlorenzo Bernini Piazza and Colonnade Sculpture and architecture at saint Peter’s, Rome 89. Gianlorenzo Bernini Baldacchino at the crossing of the church over the tomb of Saint Peter Saint Peter’s, Rome Gianlorenzo Bernini Cathedra Petri The throne of Saint Peter Saint Peter’s, Rome Spanish Baroque El Greco The Burial of Count Orgaz Santo Tome, Toledo 1586 El Greco Portrait of Fray Hortensio Felix Paravicino Museum of Fine Arts, Boston 1609 Jose (Jusepe) de Ribera The Martyrdom of Saint Bartholomew Prado, Madrid 1639. Diego Velazquez Los Borrachos (â€Å"The Drinkers†) Prado, Madrid 1628 Diego Velazquez Portrait of Juan Pareja Metropolitan Museum, New York 1650 Diego Velazquez Las Meninas (â€Å"The Maids in Waiting†) Prado, Madrid 1656 Baroque in the Low Countries Peter Paul Rubens The Elevation of the Cross Antwerp Cathedral 1610 Peter Paul Rubens The Abduction of the Daughters of Leucippus Alte Pinakothek, Munich 1617 Peter Paul Rubens The Arrival of Marie de’ Medici at Marseilles Louvre, Paris 1622-1625 Gerrit van Honthorst Supper Party Uffizi, Florence 1620 Jacob van Ruisdael View of Haarlem Royal Picture Gallery,

History Of Bloodstain Patterns Essay

Function of bloodstain pattern analysis Bloodstain pattern interpretation/analysis has been around for many years but has only really been recognized in the past several decades. This interpretation/analysis is like a very important tool that an investigator or forensic scientist may use to help them better understand what happened or what did not happen in a case where there was bloodshed. Discoverable through the examination of bloodstain pattern The information that can be discovered or obtained when examining bloodstain patterns can help in apprehending a suspect, corroborating a witnesses statement, interrogating suspects, allowing for reconstruction of past events and lastly but probably the most important exonerating an accused. All bloodstains can provide important specifics to an event that occurred during an incident, so they are always examined. This is a very crucial part of an investigation, but it is never 100%, errors do occur. â€Å"Static Aftermath† There is such a thing called â€Å"static aftermath.† What an analyst evaluates is the static aftermath of an event; the shapes, volumes, patterns, number and size of bloodstains and their relationships to the scene. Timeline of bloodstain pattern analysis Surprisingly to me the study of bloodstain patterns has been going on since the 1800’s. On the following page is a time line showing the history of bloodstain patterns interpretation/analysis. The timeline I made begins in the 1860’s and goes through the 1970’s, not every significant moment is included on this particular timeline. 1970’s – MacDonell worked under a LEAA grant, and completed 3 different articles through the 1990’s. He has trained many in law enforcement and has developed courses to continue to train analysts. 1970’s – MacDonell worked under a LEAA grant, and completed 3 different articles through the 1990’s. He has trained many in law enforcement and has developed courses to continue to train analysts. 1863 -The Beck’s wrote â€Å"Elements of Medical Jurisprudence,† which discussed cases in which bloodstain pattern analysis was utilized. 1863 -The Beck’s wrote â€Å"Elements of Medical Jurisprudence,† which discussed cases in which bloodstain pattern analysis was utilized. 1939 – Balthazard is known for doing original research and experimentation with bloodstains and patterns. 1939 – Balthazard is known for doing original research and experimentation with bloodstains and patterns. 1882 – Professor Charles Tidy published â€Å"Legal Medicine.† 1882 – Professor Charles Tidy published â€Å"Legal Medicine.† 1955 – Dr. Kirk submitted bloodstain evidence and findings in a case; this was significant in recognition of bloodstain evidence by the legal system. 1955 – Dr. Kirk submitted bloodstain evidence and findings in a case; this was significant in recognition of bloodstain evidence by the legal system. 1895 – Piotrowski published a book concerning blood stains from blows to the head. 1895 – Piotrowski published a book concerning blood stains from blows to the head. 1880 – Henry Faulds published, â€Å"On-skin Furrows of the Hand,† described bloody fingerprints and their likely usage to identify the criminal. 1880 – Henry Faulds published, â€Å"On-skin Furrows of the Hand,† described bloody fingerprints and their likely usage to identify the criminal. 1856 – Lassaigne wrote a paper that included discussion of marks that appeared to be bloodstains but was from insects. 1856 – Lassaigne wrote a paper that included discussion of marks that appeared to be bloodstains but was from insects.

Hypothesis Test for Comparing Two Proportions

Hypothesis Test for Comparing Two Proportions In this article we will go through the steps necessary to perform a hypothesis test, or test of significance, for the difference of two population proportions.  This allows us to compare two unknown proportions and infer if they are not equal to each other or if one is greater than another. Hypothesis Test Overview and Background Before we go into the specifics of our hypothesis test, we will look at the framework of hypothesis tests.  In a test of significance we attempt to show that a statement concerning the value of a population  parameter (or sometimes the nature of the population itself) is likely to be true.   We amass evidence for this statement by conducting a statistical sample.  We calculate a statistic from this sample.  The value of this statistic is what we use to determine the truth of the original statement.  This process contains uncertainty, however we are able to quantify this uncertainty The overall process for a hypothesis test is given by the list below: Make sure that the conditions that are necessary for our test are satisfied.Clearly state the null and alternative hypotheses. The alternative hypothesis may involve a one-sided or a two-sided test.  We should also determine the level of significance, which will be denoted by the Greek letter alpha.Calculate the test statistic. The type of statistic that we use depends upon the particular test that we are conducting.  The calculation relies upon our statistical sample.  Calculate the p-value. The test statistic can be translated into a p-value.  A p-value is the probability of chance alone producing the value of our test statistic under the assumption that the null hypothesis is true. The overall rule is that the smaller the p-value, the greater the evidence against the null hypothesis.Draw a conclusion. Finally we use the value of alpha that was already selected as a threshold value.  The decision rule is that If the p-value is less than or equal to alpha, then we reject t he null hypothesis. Otherwise we fail to reject the null hypothesis. Now that we have seen the framework for a hypothesis test, we will see the specifics for a hypothesis test for the difference of two population proportions.   The Conditions A hypothesis test for the difference of two population proportions requires that the following conditions are met:   We have two simple random samples from large populations.  Here large means that the population is at least 20 times larger than the size of the sample. The sample sizes will be denoted by n1 and n2.The individuals in our samples have been chosen independently of one another.  The populations themselves must also be independent.There are at least 10 successes and 10 failures in both of our samples. As long as these conditions have been satisfied, we can continue with our hypothesis test. The Null and Alternative Hypotheses Now we need to consider the hypotheses for our test of significance.  The null hypothesis is our statement of no effect.  In this particular type of hypothesis test our null hypothesis is that there is no difference between the two population proportions.  We can write this as H0: p1 p2. The alternative hypothesis is one of three possibilities, depending upon the specifics of what we are testing for:   Ha:  p1 is greater than p2. This is a one-tailed or one-sided test.Ha: p1 is less than p2. This is also one-sided test.Ha: p1 is not equal to p2. This is a two-tailed or two-sided test. As always, in order to be cautious, we should use the two-sided alternative hypothesis if we do not have a direction in mind before we obtain our sample.  The reason for doing this is that it is harder to reject the null hypothesis with a two-sided test. The three hypotheses can be rewritten by stating how p1 - p2 is related to the value zero.  To be more specific, the null hypothesis would become H0:p1 - p2 0.  The potential alternative hypotheses would be written as: Ha:  p1 - p2   0 is equivalent to the statement p1 is greater than p2.Ha:  p1 - p2  Ã‚  0 is equivalent to the statement p1 is less than p2.Ha:  p1 - p2  Ã‚  Ã¢â€°   0 is equivalent to  the statement p1 is not equal to p2. This equivalent formulation actually shows us a little bit more of what is happening behind the scenes.  What we are doing in this hypothesis test is turning the two parameters p1 and p2  into the single parameter p1 - p2.  We then test this new parameter against the value zero.   The Test Statistic The formula for the test statistic is given in the image above.  Ã‚  An explanation of each of the terms follows: The sample from the first population has size n1.  The number of successes from this sample (which is not directly seen in the formula above) is k1. The sample from the second population has size n2.  The number of successes from this sample is k2.The sample proportions are  p1-hat k1 / n1  and p2-hat   k2 / n2 .We then combine or pool the successes from both of these samples and obtain:  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   p-hat ( k1 k2) / ( n1 n2). As always, be careful with order of operations when calculating.  Everything underneath the radical must be calculated before taking  the square root. The P-Value The next step is to calculate the p-value that corresponds to our test statistic. We use a standard normal distribution for our statistic and consult a table of values or use statistical software.   The details of our p-value calculation depend upon the alternative hypothesis we are using: For Ha: p1 - p2   0, we calculate the proportion of the normal distribution that is greater than Z.For Ha: p1 - p2  Ã‚  0, we calculate the proportion of the normal distribution that is less than Z.For Ha: p1 - p2  Ã‚  Ã¢â€°   0, we calculate the proportion of the normal distribution that is greater than |Z|, the absolute value of Z.  After this, to account for the fact that we have a two-tailed test, we double the proportion.   Decision Rule Now we make a decision on whether to reject the null hypothesis (and thereby accept the alternative), or to fail to reject the null hypothesis.  We make this decision by comparing our p-value to the level of significance alpha. If the p-value is less than or equal to alpha, then we reject the null hypothesis. This means that we have a statistically significant result and that we are going to accept the alternative hypothesis.If the p-value is greater than alpha, then we fail to reject the null hypothesis. This does not prove that the null hypothesis is true. Instead it means that we did not obtain convincing enough evidence to reject the null hypothesis.   Special Note The confidence interval for the difference of two population proportions does not pool the successes, whereas the hypothesis test does.  The reason for this is that our null hypothesis assumes that p1 - p2 0.  The confidence interval does not assume this.  Some statisticians do not pool the successes for this hypothesis test, and instead use a slightly modified version of the above test statistic.

A Year To Remember Essay Research Paper

A Year To Remember Essay, Research Paper After the 1994 work stoppage, Major League Baseball has had jobs acquiring fans interested in the game and into the ballparks. All that changed in 1998 when baseball enjoyed its greatest season of all time. From the place tally pursuit, the great pitching, and the unstoppable Northerners, there is no uncertainty about it. Even the 41 season, with Joe Dimaggio s 56 game striking run and Ted Williams run at a.400 batting mean pickets in comparing to the feats of Mark McGwire and Sammy Sosa in 98. Because of all that was traveling on in 98, some immense achievements were overshadowed and became merely footnotes. Let s take a expression back at a most unforgettable season. MARK MCGWIRE: THE NEW SULTAN OF SWAT When people remember the 1998 season, they will intelligibly first think of the place tally pursuit. For most of the summer, Mark McGwire and Sammy Sosa chased each other and the most august record in all of professional athleticss: Roger Maris individual season place tally record off 61 set back in 1961. When jumping preparation began, McGwire was thrust into the limelight when asked if he thought he would interrupt the record. From twenty-four hours one, it was expected of him to at least excel his 1997 place run sum of 58 if non make Maris. And even when him and Sosa were neck and neck, Sosa was still in Big Mac s shadow. It is widely believed that without Sosa, McGwire might non hold passed Maris and neer would hold reached such a mind-boggling figure. A perfect illustration of McGwire and Sosa forcing each other is a Cubs-Cardinals series in mid-August at Wrigley Field. Both batters had been stuck on 47 for the past few yearss. In the underside of the fifth, Slammin Sammy slammed his 48th of the twelvemonth. Big Mac answered in the top of the 7th with his 48th. Then in the top of the 9th, McGwire bashed his 49th home run to once more lead Sosa. This, nevertheless, would non be the last clip that the two would traverse waies. A few hebdomads subsequently the Cubs came to St. Louis for a two game series that started on Labor Day. At the clip, McGwire had 60 while his Dominican opposite number had 58. In the first frame of game one, McGwire game the fans precisely what they wanted to see when he blasted his 61st home run to bind Maris. The full baseball universe and all of America was in expectancy for the following game. Even the Maris household was on manus for a game that was unimportant for the Cardinals as a squad. They were excessively far behind division-leading Houston and Wild Card taking Chicago to do a serious command for the postseason. Big Mac was 0 for 2 when he came to bat in the 5th frame. Cubs hurler, Steve Trachsel was fliping McGwire excess careful, but it did non assist. He belted a pitch merely hardly over the wall in left field. That sent the sellout crowd at Busch Stadium into exultation. By hitting figure 62 he had set the new individual season place tally record, but he still had three hebdomads to hit more. As he circled the bases, McGwire received praises from the full Cub baseball diamond, and even a clinch from former Cardinal, Cubs 3rd baseman Gary Gaetti. He even went into the first row of the bases and hugged the Maris household. Then Sammy Sosa came in from right field and personall y congratulated McGwire. There was so a address from legendary Cardinal broadcaster, Jack Buck, and even one from McGwire himself. After the exhilaration and the expectancy McGwire so went into a seven-day slack. In that hebdomad, Sosa was able to catch him. One twenty-four hours after Sosa hit his 62nd ; Big Mac crushed his 63rd. His chiropteran so came alive in a series in Milwaukee. In that series he hit Numberss 64, 65, and about 66. Umpire Bob Davidson ruled what could hold been 66 a two-base hit because a fan reached over and caught it ( Verducci, 4 ) . Thus the phase was set for a charming decision to the place tally race. On the last Friday of the season, Sammy Sosa took the lead in the pursuit when he hit his 66th home run. Big Mac answered with hit 66th merely 45 proceedingss subsequently. Luckily for McGwire, Sosa was confronting the N.L. Central title-holders, the Houston Astros, while the Card games were up against the humble Montreal Expos and their hapless pitching. On Saturday, Big Mac blasted Numberss 67 and 68 out of the park. On Sunday McGwire finished what he started with a expansive sweep on Opening Day ( Verducci, 1 ) . In his concluding two at chiropterans of the twelvemonth, in fact, on his two concluding swings, he hit his 69th and 70th place tallies, blowing off Maris 61 and Babe Ruth s 60. A unequivocal minute of McGwire s pursuit and even the baseball season in general came on that last twenty-four hours of the season. Right down the route from Busch Stadium, The St. Louis Rams and the Arizona Cardinals were playing a football game at the Trans World Dome. The Rams had the ball with 3rd and nine. All of a sudden, the TWA Dome s fans started shouting and heartening. This forced the Rams to take a delay-of-game punishment. The ground: nil that the Rams had done, but it was intelligence of Big Mac s 69th place tally that got the fans into a craze ( Verducci, 3 ) SAMMY SOSA: BASEBALL S BEEN VERY GOOD TO ME The other half of the place tally pursuit involves Chicago Cubs rightfielder, Sammy Sosa. Before 98, Sosa was a calling.250 batter, neer hitting more than 40 place tallies in a season, and striking out prolifically. 98 would turn out to be different. Many contribute Sosa s success in 98 to his adulthood at the home base. He kept his oculus on outside pitches and drove them to right field, alternatively of seeking to draw everything. He besides lowered his chiropteran and manus so it would travel through the zone quicker, and he even started to put off some bad pitches that he would hold swung at in the yesteryear. These apparently minor accommodations, were able to assist him hit for a better norm, have a higher place run possible, particularly to right field, and he struck out far less. The twelvemonth started out great for Sosa. After two months, he was batting.320 with 13 place tallies. By this clip, McGwire already had 25 home runs. Sosa still was on gait for 39 place tallies which is really respectable. June brought increased success for Sammy. He set a Major League record for the most place tallies in one month with 20. So by the All-Star interruption, Sosa was merely three dorsum of McGwire with 33. As the 2nd half of the season began, many saw assorted similarities between the pursuits that both McGwire and Sosa were set abouting. However, There was one chief difference between the two. Sosa put his squad above any single achievements. Not to state that McGwire did non, it is merely that the Cardinals were excessively far out of the crown race that McGwire and the record was the most of import thing traveling for the Cards. Sosa himself even said, If I didn t any more place tallies, I d be happy every bit long as the Cubs make it to the playoffs. Slammin Sammy s place tallies were one of the things that kept the Cubs in contention all twelvemonth. By early August, Sosa had already surpassed his season high in place tallies ( 40 ) and was taking the conference in RBI s. At the clip that McGwire broke Maris record, Sosa had 58 home runs, and with three hebdomads left in the twelvemonth, still had a good shooting at go throughing Maris himself. He stole the show in a late season series against the Brewers at Wrigley. In game one he hit his 59th dong in the Cubs 11-10 loss. Sosa hit his 60th the following twenty-four hours to shut the Cubs shortage to five. He was besides instrumental in the Cubs ligature and winning the game in the underside of the 9th. In the concluding game of the series, Sosa tied Maris by blaring his 61st onto Waveland Avenue in the 4th frame. With the Cubs down by two in the underside of the 9th, Sosa lead off. The full crowd was trusting to see Slammin Sammy s 62nd, but he merely wanted to acquire on to assist the squad win this really of import game. On the 3rd pitch, Sosa hit a long shooting to deep left field. Equally shortly as it left his chiropteran, there was no uncertainty to Sosa, his squad, and the 1000s of fans cramme d into the park and watching from the rooftops environing Wrigley Field. That blast went 480ft across Waveland, and traveled a ways down Addison Avenue. Unlike McGwire s 62nd, the game did non halt and there were no addresss. Alternatively the fans went brainsick and the Cubs stayed focussed on the game at manus. After the game, the fans stayed in the park and Sosa and the squad came out on the field to observe the milepost. Two games subsequently, Sammy hit his 3rd calling expansive sweep and 63rd home run in San Diego. Then, in McGwire-like manner, Sosa went into a seven-day slack. He came out of his slack where else? The same topographic point were McGwire had came out of his slack, against the same squad that surrendered home runs numbered 59-62: against the Milwaukee Brewers. In game one, Sosa went 0 for 3, but crushed one merely hardly disgusting. The following twenty-four hours, Sosa, succeeded in hitting figure 64 And 65. The following dark in Houston, Sammy Sosa held the individual season place tally record for about 45 proceedingss, after hitting his 66th off of Jose Lima. That, nevertheless, would be Sosa s concluding place tally. He did hold some cardinal hits in the concluding two games against Houston and contributed to the Cubs triumph in the Wild Card tiebreaker versus San Francisco. Though he was non able to put the place tally record, he could take consolation in the fact that the Cubbi es made the playoffs. His statistics ( .308 batting norm, 66 place tallies, 158 RBI s ) and parts were good plenty to gain him the National League Most Valuable Player ( MVP ) Award. CAL RIPKEN JR. : FINALLY SITS ONE OUT The one run in an all of athleticss that will neer even be approached is Cal Ripken Jr. s back-to-back games played run of 2632. That is over 16 old ages of playing in all 162 games. Ripken was able to go through Lou Gerig s old record back in 93. It came as a surprise to many. With one hebdomad to travel in the season, it was noticeable to the Baltimore fans that Ripken was non in the batting order. What is even more surprising is that he voluntarily ended the run. Afterwards Ripken said, It was clip. Alternatively of being saddened by the run s terminal, most fans celebrated Ripken and the run, merely as they had celebrated Maris run in the thick of McGwire and Sosa interrupting it. DAVID WELLS: ATTAINING Perfection Before 1998, David Wells was a no-name hurler for the great New York Yankees. That would alter early in the season. On May 17, merely a few hebdomads after Kerry Woods domination of the Astros, Wells stunned the full baseball universe by fliping merely the 3rd perfect game ( no smugglers allowed on base ) by a left -hander in history. Even after, most believed that Wells public presentation was a good luck, but it was non. He rose up to rule American League batters, and led the Yankees pitching staff. He had an 18-6 record and an ERA ( Earned Run Average ) under three to demo for his impressive work. Wells besides was a team leader on and off the field and greatly contributed to the Northerners regular season and playoff tallies. KERRY WOOD: THIS KID IS THE Real Thing Another participant that made 98 so particular was Kerry Wood of the Chicago Cubs. Through his first four starts, this cub showed tonss of promise. Wood s heater was clocked right around 100mph, and had a curveball and skidder to congratulate it. Then, In merely his 5th Major League start, Wood tied Roger Clemens record of 20 strikeouts in a individual game. He continued to rule batters throughout the twelvemonth, while merely fighting on juncture. By late August, Wood was 13-6 with a 2.60 ERA ( 1.20 ERA at Wrigley ) , and averaging a conference taking 12.3 strikeouts per nine innings. However, hurt would cut Kerry s season short. He strained a ligament in his throwing cubitus and missed the remainder of the season. Wood was able to come back earlier than expected, and started game three of the division series. Wood gave up two tallies in five innings, but had a strong excursion in the Cubs loss to the Braves. After the season, the Baseball Writer s Association rewarded Kerry for his work in 98 by giving him the National League Rookie of the Year award. OTHER Accomplishments There were so many other smaller achievements in the unforgettable twelvemonth of 1998. First, San Francisco s Barry Bonds became the first participant of all time to hit 400 place tallies and steal 400 bases. Seattle s Alex Rodriquez became merely the 3rd participant in history with 40 place tallies and 40 stolen bases in a season. AROD besides led the American League in hitting and along with New York s Derek Jeeter, and Boston s Nomar Garciaparria as the best three shortstops of all time to play at the same clip ( Verducci, 2 ) . Roger Clemens of the Toronto Blue Jays won his 5th A.L. Cy Young award, while being the co-holder of the individual game strikeout record with Kerry Wood. In Philidelphia, Kurt Shilling became the first hurler of all time to strike out 300 hitters three old ages in a row. 98 besides was the first twelvemonth in which more than two people hit 50 or more place tallies. They were McGwire ( 70 ) , Sosa ( 66 ) , Seattle s Ken Griffey Jr. ( 56 ) , and San Diego s Greg Vaughn ( 52 ) . Griffey besides became the youngest participant of all time to his 350 place tallies. He is considered the merely active participant who has the possible to interrupt Henry Hank Aaron s calling place tally record of 756. Thirty-nine twelvemonth old Rickey Henderson of San Diego at age 39, became the oldest participant of all time to steal more than 50 bases. NEW YORK Yankee: THE TEAM WITHOUT COMPARISON In 98, the New York Yankees were unstoppable. Their lone lucifer are the great Yankee squads of the past. Like the 27- 32 squads with Babe Ruth and Lou Gerig. Or the squads of the 40 s with Joe Dimaggo. Possibly it was the squads of the 50 s with the great participants like Mickey Mantle and Roger Maris. Their pursuit of Babe Ruth s place tally record in 1961 resembled the great pursuit of 1998 with McGwire and Sosa. After losing on opening twenty-four hours, the Northerners bulldozed their manner to the top of the American League East. The Yankees would put the American League record for most wins in a season while hardly losing the Major League record presently held by the 1906 Cubs. Their 114 wins would put them over 50 games above.500 and 18 game in front of second-place Boston. One astonishing fact about the Northerners is their absence of a ace. The Cardinals had McGwire. The Cubs had Sosa. The Red Sox ( Boston ) had Mo Vaughn. What the Yankees did hold was a squad of talented, difficult working participants led by shortstop Derek Jeeter, 3rd baseman Scott Brocious, centre fielder Bernie Williams, and pitcher David Wells. In the division Series of the playoffs, the Bronx Bombers destroyed the Texas Rangers in four. Then tragedy struck. Right fielder, Daryl Strawberry was diagnosed with colon malignant neoplastic disease. He would last. Even that was non able to change the Northerners obvious fate. In the American League Championship Series, the Cleveland Indians stood no opportunity and lost in five. Then in the World Series, the Northerners wholly dominated Kevin Brown and the San Diego Padres in a four game expanse, to make 125 wins including the postseason. However, unlike the 1997 World Champion Florida Marlins, the Northerners planned to support their rubric in 99 instead than hold a fire sale and dismantle the squad. CHICAGO CUBS: DEFYING THE ODDS Probably the most exciting squad to watch in 98 was the Chicago Cubs. Now it may look that I am biased because I am a Cubs fan, but no other squad in baseball had so much occurrence and so many cliff-hanging ballgames. When jumping preparation began, many North Siders believed that 1998 was eventually their twelvemonth. And why non? Over the winter the Cubs acquired 2nd baseman Mickey Morandini, shortstop Jeff Blauser and left fielder Henry Rodriquez. Henry was the left-handed batter the Cubs have severely needed to protect Sammy. Many Cub fans besides believed that they had deity on their side. In February, beloved Cub broadcaster and Hall of Famer Harry Caray passed off. In July the Cubs would lose another broadcaster, Jack Brickhouse. The two of them are believed to hold assisted in the Cubs many come-from-behind triumphs tardily in the season ( Rushin, 1 ) . The Cubs started the season strong, contending with Houston and St. Louis for the top topographic point in the National League Central. Then on May 5, cub phenom, Kerry Wood showed one of the most ascendant public presentations in baseball history. In nine innings pitched, Wood, 21, gave up no tallies on one baseball diamond hit and struck out 20. The Cubs would necessitate more great excursions from Wood and the remainder of the pitching staff if they were to content for the postseason. June would open another chapter to the Cubs charming season. They were still really much in the N.L. Central and Wild Card races. However, the limelight was on Sammy Sosa who powered his manner into the record books by hitting 20 place tallies that month. By the All Star interrupt the Cubs were merely three games behind first topographic point Houston and Wild Card taking San Francisco. September would alter that. With the Acquisition of Randy Johnson, the Astros opened a thirteen-game spread between them and the Cubbies. All was non lost nevertheless. The Cubs were still a game up on the Mets ( New York ) and three on the Giants ( San Francisco ) , for the Wild Card topographic point. On September 11, the Milwaukee Brewers came to Wrigley for an of import series for the Cubs. That series turned out to be likely the most exciting weekend in baseball history. After draging 8-2 in game one, the Cubs came back merely to lose 11-10. The following game would turn out to be even more exciting. The Cubs were down early 10-2 and later 12-5, after a Gary Gaetti home run in the fifth. In the 7th and 8th innings the Brewer lead was cut to 12-10 on place tallies by Sosa ( 60 ) , Glenallen Hill, and Tyler Houston. Sosa lead off in the underside of the 9th with the Cubs still down by two. He singled. Next Hill singled. Then Gaetti singled and Sosa scored. Hill so scored to bind the game on a Tyler Houston hit. Finally pinch-hitter Orlando Merced hit a three-run place to give the Cubs a immense 15-12 triumph. There was more of the same for the concluding game. The Cubbies jumped out to an 8-2 lead, in portion to Sosa s 61st place tally. The Brewers did come back and claimed a 10-8 lead. Same as the old game, Sosa led of the Cubs 9th, with them down by two. Alternatively of singling, Sosa sent his 62nd shooting to the street. However, the Cubs were still down by one. Not to worry, Hill and Gaetti were able to direct place the ligature tally. Then in the underside of the ten percent, first baseman Mark Grace came to bat. The fans were thirstily trusting that Grace could acquire on base so Sosa could bat once more. Sosa would non acquire his opportunity at figure 63 this twenty-four hours. Grace blasted his career-high 17th place tally, to give the Cubs an 11-10 win. The Cubs went on to San Diego to take three of four from the Padres, so returned place to Wrigley merely to lose two out of three from the Cincinnati Reds. They so went up to Milwaukee for two games. In game one Kevin Tapani won his 19th game of the twelvemonth. The following game had a promising start with the Cubs acquiring a 7-0 lead. Disaster struck in the underside of the 9th. Cubs closer Rod Beck, the Shooter allowed five tallies to hit before lading the bases, with the winning tally on first, and two outs. Beck was able to acquire Jeremy Bernitz to hit a everyday fly ball to left field. Cubs left fielder Brant Brown was about to catch the concluding out of the game to maintain the Cubs a game up on the Mets. Alternatively, Brown dropped the ball, leting the bases to clear and the Brewers to win. Sammy Sosa said it best of this traumatic loss. If he ( Harry Caray ) wasn t already dead, he d dice once more. It still wasn t the terminal for the Cubs. With three games left, the Cubs were still tied with the Mets and a game in front of the Giants for the Wild Card. In the concluding series the Cubs were in Houston. On Friday, the Cubs lost to Houston, and a eccentric event happened. Somehow, a black bird got into the Astrodome and began to circle Brown s caput in left field. Then it perched itself and starred at him. From first base, Mark Grace said, I would state Brant is holding a tough twosome of yearss ( Rushin, 4 ) . The Mets lost to the Braves and the Giants beat the Rockies on that dark, which created a tripartite tie for the Wild Card. On Saturday the Cubs and Giants won while the Mets lost. On, Sunday, the last twenty-four hours of the season, the Mets lost and were eliminated from the postseason while the Cubs lost in the ten percent frame. While the squad was sloging back to their cabinet room, the participants learned that Neve Perez had hit a place tally in the 9th frame to cr ush the Giants ( Rushin, 6 ) . Since the Cubs and Giants were still tied, there would be a one game playoff to be played the following dark at Wrigley Field. The Cubs sent right hander, Steve Trachsel to the hill. Trachsel if you remember, gave up figure 62 to Big Mac. Fate seemed to be on the Cubs side that dark. The ceremonial first pitch was thrown out by hoops great, and Cub fan, Michael Jordan. By the 2nd frame there was a 40-foot He filled caput of Harry Caray drifting over Waveland Avenue. Both hurlers were flawless through four innings. But in the fifth with a adult male on, Gary Gaetti hit a high heater into the left field bleachers. The crowd went wild, even to the extent of throwing rubbish onto the field. By the 7th frame, the Cubs had build a 5-0 lead that they hoped would stand. During the 7th frame stretch, native Chicagoan and histrion, Bill Murray, sang Take Me Out to the Ballgame, in award of Harry Caray. The Cubs went into the top of the 9th still taking 5-0, and Rod Beck in to shut it. He was able to acquire two outs, but allowed three tallies to hit, and the binding tally on first. Then Joe Carter, hit a dad foul on t he first base side. It was appropriately caught by Mark Grace. Grace, being the lone staying participant from the 89 Cub squad that won the National League East. After catching the concluding out, Grace fell to his articulatio genuss and wept ( Rushin, 6 ) . That dark belonged to the metropolis of Chicago and the fans stayed out all dark observing. The Cubs fortune would run out in the playoffs against the Atlanta Braves. In game one the Braves discourtesy pounded Mark Clark in an 8-2 loss. In game two Kevin Tapani was two outs off from winning before Javier Lopez got the Braves on the scoreboard with a solo place tally. Atlanta was able to win it in the ten percent. In game three Kerry Wood made his first start since August. His strong public presentation was non plenty to maintain the Cubs alive. The Braves won the game and the series 3-0, stoping the great season for the Cubs. Decision It is easy to see why 98 was such a particular twelvemonth. The place tally pursuit entirely made the season memorable, but at that place was so much more. Mark McGwire and Sammy Sosa made the mean individual attention about baseball once more, the manner it was back in the 50 s ( Verducci, 3 ) . Throw in a smattering of other great achievements and what do you acquire? The greatest season of all time, and likely the greatest there of all time will be. The memories of 98 will convey the fans back in 99 and beyond, trusting to see a glance of illustriousness 98 offered. Even though there will neer be a season every bit particular as 98, everyone will still hold the great memories of the greatest summer that Major League Baseball will of all time see. 32c

Bank liquidity risk Essay Example | Topics and Well Written Essays - 1250 words

Bank liquidity risk - Essay Example The ability of the financial firm to meet its debts requirement without suffering large losses is known as liquidity (DrigÄÆ' & Adela, p.46-55). Financial firms must, therefore, maintain a liquidity management system to assess their respective funding needs and to ensure funds are available at the appropriate time. This paper aims at analyzing the liquidity risks by considering its measures and its relationship with the bank stock returns. The historical episodes of the financial and economic woes of the 2007-8 have been highlighted and critical to the funding of the liquidity for banking crises. It created unforgettable mark of the funding liquidity crisis when the interbank markets collapsed and the central banks in the world had to intervene in the monetary processes (markets) at unwarranted levels (DrigÄÆ' & Adela, p.46-55). The situation led to the realization of the gap through development of measures based on the banks’ bids in open market operations. The measure to the liquidity risk helps in assessing the interactions of the market liquidity and the funding liquidity risk that are key concerns to most economic policy makers. According to Hull (2012), funding liquidity is the ability to settle immediate financial needs of a firm. Conversely, a bank becomes illiquid in the event that it is unable to meet its financial risk on time. In this case, therefore, it is paramount to realize that funding liquidity risk for the bank is driven by the possibility that a bank may find itself at a position where it is unable to settle its financial obligations on the due time. Funding liquidity depends on the risks magnitude and is an instant concept as the risk is a future-oriented concept. In the bank operations, illiquidity and liquidity is a reality, and the likelihood of either is a function of the time and nature of the funding position of the bank. Thus, the concerns of