Thursday, November 28, 2019
Adobe Photoshop Essay Example
Adobe Photoshop Essay Example Adobe Photoshop Essay Adobe Photoshop Essay In the past, society has treated television, computing, graphic design, radio, games machines, music production, telephones, animation, calculators, e-mail, the Web, photography, film and video as separate technologies. Now that these applications all use digital methods, todays digital media systems can integrate them using the same hardware. A PC can serve as an interactive television, a voicemail system, a music system, a games machine, and so on. Similarly, the same software can be used on a variety of platforms. For example, computer games producers now develop multimedia games that can be played on-line on the Internet, or on a television, games machine or telephone, as well as in the normal way on a standalone computer. The term for the coming together of these hardware and software technologies is convergence. Convergence is possible because of the growth, capacity, and speed of computer components, high-speed communications, and digitising techniques for all the media. DVD is a storage medium that is replacing the videotape, audiotape, computer diskettes and CDs. In the same way, televisions, radios, computer monitors and screens, and visual displays on telephones, games machines and calculators, will eventually converge into one technology. Research shows that Digital Media involvement through video gaming and movie watching has meant there has been a steady increase in levels of obesity in many of the western countries. For example, in America levels of obesity are at an all time high, this is mainly due to the lack of exercise by the American populace. Youngsters not only in America but also in the majority of westernised countries, have totally differing lifestyles to those just 10 years ago. Nowadays youths play video games for hours and days on end, not wanting to play football in the park or join clubs such as the scouts or cubs. Health risks are imminent from playing video games for hours and with very little exercise. Repetitive Strain Injury is likely due to the constant movement in one direction; eyesight deficiencies are probable due to the glare and closeness, which you sit from the screen and back strain is also feasible due to posture instability. These are all negative cultural impacts of what Digital Media has done in our age. Crime is another sector that has been widely affected by Digital Media in both positive and negative fashions. The government and police have huge databases, with images of criminals and fingerprint recognition images, which are a huge aid in collating evidence and combating criminals. The downside to this positive impact is the crimes that Digital Media has created such as Identity theft and fraudulent activities. Impact of digital media on statistics, weather forecasting (not that we can do much still to predict disasters like the recent Tsunami) and entertainment means we can now study whilst on the move, we can watch films whilst we have a meal, we can watch the news happening in a country we are just about to land in. The speed of transfer of information has transformed communication between people at work (e-mails), people at play (instant replays of contentious sporting moments), people at prayer (flat screen displays of Popes blessings to the faithful etc. ), people at leisure (the whole gamut of films, digital broadcasts of TV programmes, interactive participation in TV add-ons, the continuing evolution of games media (X-box, PS3, etc. etc.) Those detractors from digital media forms are like believers that the earth is flat- they are in denial concerning the unstoppable progress of human inventions. Culturally we maintain our classical art examples whilst embracing new technology to create artistic masterpieces in Adobe Photoshop it is just not recognised as legitimate yet. Oscars for screensavers, the Booker Prize for databases and web pages, the Grammys for download quality MP3s Kazaa!! The futures orange? No, the futures digital Bibliography webopedia.com.
Sunday, November 24, 2019
Essay on Fundamentals of Corporate Finance
Essay on Fundamentals of Corporate Finance Essay on Fundamentals of Corporate Finance Essay on Fundamentals of Corporate FinanceThe development of the modern banking industry raises a number of challenges and issues concerning the stable performance of banks and their investment attractiveness. The economic recession and mortgage crisis of 2008 have raised apprehensions of investors and their uncertainty about many banks, which used to be quite reliable and stable, including behemoths of the industry. In this regard, I would conduct the detailed analysis of my bank from the standpoint of an investor rather than a customer. In fact, the analysis of the bank’s position and attractiveness for investors takes into consideration multiple perspectives, which help to determine not only the current position of the bank but also its further performance.           First of all, it is important to place emphasis on the fact that my bank was operating in both deposit and investment sectors and it has proved to be quite successful in both o f them, although the investment sector became too challenging for the bank, especially in light of new government regulations that stimulated the bank to focus on deposit branch only (Pine Gilmore, 2009). In such a way, the bank focuses on deposit business only and attempts to attract more customers. The past success of the bank and relatively high interest rate make the bank attractive for customers. Therefore, investors should also consider the possibility of the investment into the bank.           However, investors, should take into consideration the fact that the bank offers a high interest rate to attract more customers but the increasing number of customers raises the question of the capitalization of the bank and its further ability to pay customers the interest rate it has already promised to them. The failure of the bank to pay off the interest rate to customers will put under a question the further ability of the bank to survive in the m arket, unless the bank reaches the high level of profitability and its projects turn out to be extremely successful. Nevertheless, at the moment, it is obvious that the bank will have to decrease its interest rate to balance its financial performance and to retain its attractiveness for investors. Otherwise, investors will grow concerned about the financial performance of the bank in the future and its ability to keep maintaining its financial performance at the current level.           At the same time, the bank has substantial financial resources, which it has drawn from its investment branch. The bank shifts its financial resources into deposit business to enhance its market performance and to expand its market share. The available financial resources enhance the position of the bank because customers can feel to be secure enough as their deposits are safe and the bank has sufficient financial resources to cover current risks (McDaniel, Martin, Maines, 2002). At this point, it is worth mentioning the fact that the bank is not inclined to a risky business behavior. On the contrary, the bank attempts to secure its position in the industry and customers feel being confident in the bank. Therefore, the bank is also attractive for investors.           In addition, after the shift toward deposit baking instead of investment banking, the bank has got rid of the unprofitable part of its business. Therefore, the bank has managed to optimize its organizational structure and financial performance. As the bank refused from its investment branch, its financial losses have dropped, whereas the deposit business was traditionally profitable for the bank (Parrino, 2006). This is why, at the moment, the bank has the possibility to expand its market share at cost of refusing from short-run profits and offering a higher interest rate to customers. In such a way, the bank expands its market share attracting mo re and more customers from its potential rivals in the industry. In such a way, at the moment, the bank demonstrates its readiness to invest into the further growth of the bank that makes it very attractive for investors.           Finally, the focus of the bank on the market expansion is another positive signal for investors because it implies that the bank is concerned with its further growth. The growth of the bank can bring profits to investors. On the other hand, the market growth can also bring negative outcomes, if the market expansion strategy of the bank fails. However, at the moment, there are no signs of the decline or deterioration of the marketing and financial performance of the bank. On the contrary, the positive dynamics of the bank’s business developments is a positive signal for investors that means that the bank is worth investing.           Thus, the bank is attractive at the moment, but s till its marketing strategy involving the high interest rate, which are attractive for customers, is risky. In this regard, investors, who are ready to take a risk to obtain higher profits, should invest into the bank, whereas investors, who are ready to take such risks, should not invest into the bank.
Thursday, November 21, 2019
Dealing with Economic Externalities in the Real Estate Industry Essay
Dealing with Economic Externalities in the Real Estate Industry. Letter addressed to a mayor - Essay Example One of the most important externality can be found in the mortgage subsector. In the housing industry, an externality called a positional externality has led to products being very expensive. Positional externalities happen when the individual using the product or the service intend to one-up each other. This is something that has been witnessed in the real estate industry for a long time. As Grant (37) says, externalities affect all categories of land use and this is something that must be considered in a more modern and serious manner. While this kind of an economic externality has affected the industry in a long time, the effects have been felt the most in recent time. In fact, economic externalities in the mortgage subsector were highly associated with the recent economic recession in the United States. Increased availability of mortgage service has led to most people affording to buy their own homes through mortgage financing. While increased home ownership is important and nece ssary for the growth of the economy, it can lead to dire repercussions when done in the wrong way. As the availability of mortgage financing increased and more people were now looking for homes to buy, the costs of homes increased in a very fast rate that exceeded the market growth and inflations rates. This sudden hiking of the cost of owning a home happened so fast that at some time, the market started imploding. At this point, many individuals could who had taken loan could no longer to be able to remit their mortgage repayments and this unfortunately led to foreclosure of their homes. They could also not be able to sell off the homes at a cost high enough to cover the original costs of the homes. In this way, mortgage financing can be seen as having a great external cost to most individuals who would otherwise be able to buy their own homes without having to depend on mortgage financiers. A closer analysis reveals that increasingly availability of rarely controlled mortgages hav e two types of external costs to the economy. First, it makes homes unfairly expensive for would-be home owners. Secondly, it leads to the crunching of the real estate market making it impossible for individual who had bought their homes at exceedingly high costs to be able to recover their costs by selling their homes. Need for control The mortgage subsector has been left uncontrolled and unregulated for a very long time. This has led to the participators in the industry to operate in a way that is less professional and also in a way that has led to many individuals having to lose a lot of money through a mortgage industry that is operated in a racket manner of operation. Most mortgage regulation laws are archaic and are not able to meet the needs of the modern mortgage market. Regulating the industry will be important for protecting the many people who will definitely otherwise be affected by the poorly managed mortgage industry. Regulation in the industry should be geared towards ensuring that mortgage providers are careful and professional in the way they offer this product. Of essence will be to ensure that the mortgage providers do not operate in a way that will negatively affect their customers. The government should come up with a framework to guarantee that the mortgage providers are careful in the way they provide the product in terms of ensuring that they serve customers who are ready and capable to repay the mortgage. This will reduce or eliminate the number of home
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