Friday, May 31, 2019

Greek Goddesses Essay -- essays research papers

The Greek GoddessesIn Greek mythology the gods and goddesses of Mount Olympus played a major role in everyday life. The Greeks respected them and thought of the gods as all mighty. In old-fashioned Greece the stack honored and believe in the deities. Myths, poems, and epics tell the stories and beliefs referring to the gods and goddesses. Many literary whole works display the power and jobs of the goddesses. The Greek people lived to please the deities in hope of gaining a better lifestyle. The goddesses of Greece acted as an important part of Greek mythology ( Hamilton 28-35 ).Historians set the goddesses into categories. The first category included the major goddesses of Olympus. The goddesses placed in this category were Hera, Athena, Aphrodite, Hestia, Demeter, and Artemis because most people knew and worshipped them.The people held these six goddesses the most high and with the most respect ( Hamilton 28 ).Hera, the goddess of the protection of marriage, took care of hook up with women. The sister and also wife of Zeus, the king of the gods, Hera may be the most well known of the goddesses. The Titans of the Ocean along with the Tethys raised Hera ( Hamilton 28 ). virtually people knew Ilithyia , Heras daughter, for her help of women through childbirth. Hera held the city of Argos sacred along with the peacock and cow. In Roman mythology, the name of Hera was changed to Juno, queen of goddesses ( Pinset 20 ).Artemis, or Diana in Roman mythology, had the role of Leto and Zeuss daughter and also twin sister of god Apollo. Known as the goddess of wildlife and hunting, Artemis held all animals sacred, but the deer much then any other. Artemis also held the cypress tree sacred. Not many another(prenominal) myths feature this goddess, but she lives on through the years in poems and other works ( Hunt 3 ).Many myths from the Greeks feature Athena, or Minerva as known to the Romans. Myths say that Athena had a very original birth. Some writers have verb alize that Hephaestus took an ax and shaved her from Zeuss forehead and therefore she has no mother ( Pinset 22 ). Zeus thought of Athena as his favorite child and she had the privilege of using his weapons. First known as the guardian of the city and ... ... they harmed the Earth in any way that Gaea would smite them. This goddess protected the planet and so played an important role in the Greek beliefs ( Hamilton 64 ).Hebe, the goddess of youth and wife of Hercules, maintained throughout time an image like that of a child. The Greeks thought of her as playful, sweet, kind, and trusting. Along with Ganymede, Hebe acted as a cupbearer to the Gods of Olympus ( Hunt 2 ).The portrayal of the goddesses in many myths was that of a beautiful and majestic creature which contained many aspects to her personality. These personalities live on today through stories in the forms of poems, myths, and epic tales. Modern movies, art, and literature help to show these creations of the Greeks in p owerful along with interesting ways. The goddesses of Ancient Greece impacted Greek culture in such ways that people today know the goddesses in the same aspect the Greeks did. The Greek goddesses of Mount Olympus pass on forever live in the literature of Greek writers along with writers of today. The importance of the goddesses to the Greeks will remain high for years to come.

Thursday, May 30, 2019

Maturity in A Seperate Peace :: essays research papers

The book A Separate Peace by John Knowles is about a group of students at Devon, a boarding school in New England, going through a school year together. As the book continues, the boys seem to mature more or less(prenominal) throughout the book, sometimes getting mentally older, or sometimes getting mentally younger, varying between the characters.Phineas says to component, Lets go jump in the river. To me, this seems childish. Jumping out of a tree into a river seems fun, however is something just about only a young child would do. What the reader thinks may be entirely different though, every person has their own thoughts about who does what when. But the point is that this does not seem desire something a teenage boy at a boarding school would do.In chapter two, Phineas says to Gene that they should make a club. A club is not something you do in high school its something you do in elementary school. Clubs are a way to waste time when you are young and a way to have fun with your friends when you are a little child. When you are in high school, it is not what you do to have fun with your friends.When Finny comes up with the idea of blitzball, he is again thinking like a child. The way he comes up with it makes him seem like the six-year-old Calvin from Calvin & Hobbes. He makes up the rules as they play the game, sometimes making it impossible for other good deal to get the ball. Not say anything about it When you broke the school record We all used to do this as children, when somebody doesnt want something shared, youd yell it out. It was something you did when you were a young child, not a young adult. When Gene says this, he is not trying to be childish, but he is trying to be funny.When the boys are shoveling the railroad tracks for money to help the trains pass along on the Boston and Maine line, they seem to have matured more. They are not only doing this for the money, but also to help the country out in a time of need. By doing this, they are not only doing this for themselves, but for the country and their self-satisfactionWhen Gene has decided to join the Navy Brinker, the Coast Guard.

Wednesday, May 29, 2019

Effect of violence seen on Television Essay -- essays research papers

The Effects of Violence Seen on TelevisionOne Saturday morning when I was five years old, I was watching an episode of the Roadrunner on television. As Wile Coyote was pushed off a cliff by the roadrunner for the fourth or fifth time, I started laughing uncontrollably. I then watched a Bugs Bunny show and started laughing whenever I saw Elmer Fudd shoot Daffy defer and his bill went twirling around his head. The next day, I pushed my brother off a cliff and shot my dog to see ifs its head would twirl around. Obviously, the last time is not true. The example above is an exaggeration of the effects of violence on television can have on children. To a five-year-old child, Daffy Duck and Bugs Bunny are the pinnacle of cool, and they see nothing wrong with the violent stunts seen on television. The average child watches about two and half hours of television a day and witnesses twenty dollar bill violent acts on those television shows each hour. In some actions movies, there is alwa ys a bad guy and a good guy. From observation of children, most children would prefer to be the bad guy because the bad guy gets to the cool stuff, as one child told me whom I was babysitting when I asked him why he wanted to be the evil monster in Power Rangers Dinothunder movie. What kinds of problems is this causing for our youth?Children often behave differently after they have watched violent programs on tel...

cinco de mayo :: essays research papers

Cinco de Mayo"After Mexico gained its independence from Spain in 1821, it faced internal power struggles that left it in a volatile state of rebellion and mental unsoundness for years." In 1846, the Mexican government, under the dictator Santa Anna, went to war with the United States. As an outcome of that war, Mexico lost a large amount of land--the land we now shaft as Texas. In 1854, Juan Alvarez and his troops led a successful revolt to drive Santa Anna out of power. One of Alvarezs strongest supporters was a man by the name of Benito Juarez, a Zapotec Indian leader. In 1855, Juarez became the minister of Justice under the new regime and issued two new controversial laws. One denied the right of the church and host courts to try civilian cases and the other made the sale and distribution of church lands legal. Many people disagreed with these laws and for three years a civil war raged amongst the two sides. In 1861 Juarez took control of the capital, Mexico City, and put his new Constitution into effect. Not only had Juarezs laws split the country, they had caused the civil war that left Juarez in debt to Spain, England, and France. The three countries were concerned about the debt, so they held a meeting in London, at which Spain and Britain decided to waive the debt in exchange for military control of the Custom House in Vera Cruz. France did not agree to these terms and invaded Mexico in 1861 in hopes of defeating the country and disposing of Juarez. The French troops--deemed among the best trained and equipped in the world--marched into the city of Puebla on May 5, 1862, expecting no resistance. The French army consisted of 6,000 men under the command of Marshal Lorencz. The French were met by an armed force of 2,000 peasants under the command of General Ignacio Zaragoza. The Mexican irregular forces successfully defended their positions and attacked and drove back the French forces. Victory, however, was short lived. Within a year, Franc e had successfully conquered Puebla and the rest of Mexico, and went on ruling there until 1867 when Juarez was once again restored to power. He ruled the country until his death in 1872. Cinco de Mayo, therefore, does not celebrate Mexicos independence, rather it symbolizes "the right of the people to self determination and national sovereignty, and the ability of non-Europeans to defend those rights against late military organizations.

Tuesday, May 28, 2019

Pros and Cons of Gene Therapy Essay -- Genetics Science Essays

Pros and Cons of Gene TherapyGene therapy is thought of by some people as an terrific discovery that could greatly improve the human population and also give people with certain disabilities some glimmer of hope. And on the early(a) align of the coin there is some people that think we have no business playing God. They feel that playing God may possibly get down devastating effects to the human component pool and may also led to misuse.Merriam-Websters Collegiate Dictionary defines gene therapy as the insertion of natural or genetically altered genes into cells usually to replace defective genes especially in the treatment of genetic disorders. By using gene therapy, we can go to t he base of the disorder instead of using drugs to alleviate symptoms. Some diseases that have been treated take ADA Deficiency, familial hypercholesterolemia, cystic fibrosis, cancers that include melanoma, Neuroblastoma, brain tumors and AIDS (Nation al Cancer Institute,1993).Technical AspectsThere are three methods used to deliver the genetically altered material. The first method includes any retroviruses or retrotransposons. Retroviruses are viruses that can transfer their own genetic information and also genetically alter the huma n gene. These viruses are unable to copy themselves nevertheless still pose a problem in altering protein synthesis when these retroviruses splice a patients cells. This is were retroviruses come into play. There are separate of DNA from a cell that can copy th emselves onto other sites in the cells genome (Glausisus,1996). One type of transposon is a yeast transposon called Ty3. This yeast transposon is still under research.The second method involves blasting genes with a pressurized gun filled with helium (Glausi... ...normal or could led to misuse in other forms. For just these reasons we definitely need RAC (Recombinant DNA Advisory Committee), NIH (National Institutes of Health) and the U.S. Food and Drug Administration. Without these c ommittees the p ossibility of misuse will be greatly enhanced.References1) Glausisuz,J.(1996).The genes of 1995. 1995The Year in scholarship 17,36-38.2) Macer,D.R.J.Public Acceptance of Human Gene Therapy and Perceptions of Human Genetic Manipualtion.Obtained from the WWW 10/28/96http//www.biol.tsykuba.ac.jp/macer/Papers/HGT92html3) Britannica On Line gene therapy. Obtained from the WWW 10/23/96http//www.eb.com4) National Cancer Institute.Questions and Answers About Gene Therapy. Obtained from the WWW 10/23/96 http//oncolink.upenn.edu/pdq/600718.html5) Seligman,J.(1996).Hope for genetic healing. Newsweek,April 15,64.

Pros and Cons of Gene Therapy Essay -- Genetics Science Essays

Pros and Cons of Gene TherapyGene therapy is thought of by some people as an terrific discovery that could greatly improve the human population and also give people with certain disabilities some glimmer of hope. And on the other typeface of the coin there is some people that think we have no business playing God. They feel that playing God may possibly catch devastating effects to the human gene pool and may also led to misuse.Merriam-Websters Collegiate Dictionary defines gene therapy as the insertion of habitual or genetically altered genes into cells usually to replace defective genes especially in the treatment of genetic disorders. By using gene therapy, we can go to t he base of the disorder instead of using drugs to alleviate symptoms. Some diseases that have been treated entangle ADA Deficiency, familial hypercholesterolemia, cystic fibrosis, cancers that include melanoma, Neuroblastoma, brain tumors and AIDS (Nation al Cancer Institute,1993).Technical AspectsThere are three methods used to deliver the genetically altered material. The first method includes each retroviruses or retrotransposons. Retroviruses are viruses that can transfer their own genetic information and also genetically alter the huma n gene. These viruses are unable to copy themselves yet still pose a problem in altering protein synthesis when these retroviruses splice a patients cells. This is were retroviruses come into play. There are move of DNA from a cell that can copy th emselves onto other sites in the cells genome (Glausisus,1996). One type of transposon is a yeast transposon called Ty3. This yeast transposon is still under research.The second method involves blasting genes with a pressurized gun filled with helium (Glausi... ...normal or could led to misuse in other forms. For just these reasons we definitely need RAC (Recombinant DNA Advisory Committee), NIH (National Institutes of Health) and the U.S. Food and Drug Administration. Without these committees the p ossibility of misuse will be greatly enhanced.References1) Glausisuz,J.(1996).The genes of 1995. 1995The Year in scholarship 17,36-38.2) Macer,D.R.J.Public Acceptance of Human Gene Therapy and Perceptions of Human Genetic Manipualtion.Obtained from the WWW 10/28/96http//www.biol.tsykuba.ac.jp/macer/Papers/HGT92html3) Britannica On Line gene therapy. Obtained from the WWW 10/23/96http//www.eb.com4) National Cancer Institute.Questions and Answers About Gene Therapy. Obtained from the WWW 10/23/96 http//oncolink.upenn.edu/pdq/600718.html5) Seligman,J.(1996).Hope for genetic healing. Newsweek,April 15,64.

Monday, May 27, 2019

Amerindian History Essay

The history of Trinidad begins with the settlement of the island by Amerindians. This dates back to at least 7000 geezerhood at Banwari Trace which is the oldest discovered human settlement in Eastern Caribbean. The Amerindian tribes were referred to by various names, example Yaio, Garini, Nepuyo, Warac and many new(prenominal)s. They were described as a collected people. The closest approximation to formal education was fathers instructions to boys in the use of tools, weapons, the lore, rites and religion of the group. These religions were particularly formalized by caciques or hirer with respect to their sons.They were actively engaged in hunting, gathering fruits and shell fish as a means of survival. Their main staple was cassava. They traded with their neighbours on the mainland although they did not guard a money rescue. Christopher Columbus, before his third voyage had promised the queen of Spain, Queen Isabella that the firstly land he came upon would be named after t he Holy Trinity. It was considered a miracle when the first land he sighted was the three peaks of the Trinity Hills. They anchored the next morning (1st August 1498) at Point Erin. On the second they sailed to Icacos Point and Anchored in the gulf or Paria.After exploring the Gulf they anchored on the 12th August 1498 at Monkey Harbour on Charcachacare Island. On the 13th August 1498, they sailed through the impressive Boca and claimed the island of Trinidad and Tobago for Spain. Trinidad and Tobago was reported to be densely populated at the start of the colonial period. Although in 1510, Trinidad was said to have peaceful Indians on the whole South the States Coast, the demand for slaves to supply the pearl fisheries in nearby Isla Margarita led to them being declared Caribs (thus, fair game for slaves) in 1511.As a consequence, Trinidad became the focus of the Spanish slaving raids. Under a system employed by the Spanish Crown (Encomienda System), a person was concedeed a sp ecific number of natives for whom they were to take responsibility. The receivers if this grant were to protect the natives from warring tribes and to instruct them in the Spanish language and in the Catholic faith. In return, they could extract tribute from the natives in the form of labour, gold, or other products. Failure to comply with this usually led to extreme punishment and death.The Amerindians were against this encomienda system which was basically a form of slavery and they were also against conversion to Christianity. Their way of smell as they knew it was no longer, in that, they would now have to follow the Spanish culture, example, learn and speak the Spanish language, attires would be that of the Spanish influence, they now planted cocoa instead of cassava, and they would now have to follow Christian faith. Under this system many Amerindians were wiped out. Spanish missions were established as part of the Spanish colonization here as in its other New World conques t.In 1687 the Catalan Capuchin frairs were given the responsibility for the conversion of the indigenous population of Trinidad and Tobago and the Guianas. In 1713, the missions were r severally over to the secular clergy. Due to shortage of missionaries, although missions were established they often went without Christian instructions for long periods of time. Between 1687 and 1700 several missions were founded in Trinidad but only intravenous feeding survived as Amerindian villages throughout the eighteenth century.1. La Anuncita de Savana Grande (Princes Town) 2. Purisima Concepcion de Maria Santisima de Guayri (San Fernando) 3. Santa Ana de Savaneta (Savonetta) 4. Santa Rosa de Arima (Arima) The mission of Santa Rosa de Arima was established in 1789 when Amerindians from the former encomiendas of Tacarigua and Arauca(Arouca) were relocated further west. On celestial latitude 1st 1699 the Arena Massacre (also known as the Arena Uprising) took place. This was as a result of the tension between priests and Amerindians. Amerindian in an attempt to regain their emancipation murdered many priest.After being hunted by the Spanish, some of the survivors (Amerindians) were reported to have committed suicide by jumping off cliffs into the sea, save some were captured. Although the Spanish settlement began in the 16th century, the population in 1783 was less than three thousand, the Majority being Amerindians. In 1783 the proclamation of the Cedula of Population (a practice of law passes by the Spanish Crown) granted 32 acres of land to each Roman Catholic who settled in Trinidad and half as much for each slave that they brought.Under this law, incentives such as free land, and exemption from paying most taxes, were granted. Because of the Hatian Revolution, many people from the French islands saw this as incentive and migrated to Trinidad along with their culture and slaves. The French at this time would have planted Sugar Cane for the purpose of Trade which wo uld have in turn improved the economy of Trinidad. A census in 1777 showed 2763 people, by the time 1797 the population 17,643, by 1960 the population was 827,957, by this time the population contained no Amerindians.

Sunday, May 26, 2019

Yellow Fever

1.) Three diseases that could possibly be related to Todds case are Malaria, Yellow Fever, and Typhoid Fever. All of these included the kindred symptoms, such as fever, headache, chills, vomiting, bleeding of some type(gums or nose. even though nose bleeding wasnt a symptom of Todds it still threw up a red flag to me), joint pain(could be related to back pain), liver symptoms(yellow skin/jaundice Malaria doesnt have liver symptoms, but it does have anemia as a symptom, so this still placed it as a contender for me)etc.2.) The pathogen most likely affecting Todd is the genus Flavivirus, which is transmitted by the vector Masoni africana. I call up this to be the pathogen & vector not only because it is the primary carrier of yellow fever(which matches the signs & symptoms Todd was experiencing), but also because it is found in tropical areas(they were in the rain forests of Ghana).3.) The clinical name for Todds condition is Jungle/Sylvatic Yellow Fever(Coquillettidia fuscopennat a). It is usually spreadhead from infected monkeys to humans by the bite of a female mosquito. It is most commonly found in tropical rain forests(aka jungles). this is where the jungle part of the name of the condition derives from. The yellow part of Yellow Fever comes from the fact that as the virus enters the later(toxic phase), the liver is damaged, causation jaundice(YELLOWing of the skin).4.) There are two types of Yellow Fever Urban Yellow Fever and Jungle/Sylvatic Yellow Fever. The Urban Yellow Fever is transmitted by the bite of the Aedes aegypti mosquito. It is spread when the mosquito bites an infected person and then carries that virus to another human. The Jungle/Sylvatic Yellow Fever usually originates in monkeys and is typically spread to humans when they enter a rainforest in Africa(or any other tropical atmosphere) via the Masoni africana. -This virus cant be spread from person to person only by mosquito bite.5.) If Kevin wasnt bitten by a mosquito with this spec ific virus, he wont have the virus(or any symptoms of this virus). He should, however, be tested for this virus because the first symptoms dont appear until 3-6 days after organism bitten by the mosquito.6.) The virus is endemic in the tropical areas of Africa, due to the fact that the Masoni africana is found in African rainforests AND most of the residents of this area have built up an immunity to this virus but it could possibly become an epidemic if large numbers of non-Africa-residing people continue to visit this area and become infected OR if the mosquitos that carry this virus are brought out of Africa to other areas of the world and begin to infect numerous individuals.7.) Yellow Fever is very UNcommon in the join States the incidence rate is approximately 1272,000,000.8.) There is no specific treatment for Yellow Fever. The infected individual is usually hospitalized and signs and symptoms are treated as they arise. Such administering fluids for dehydration, pain relief m edications, dialysis for kidney failure, blood transfusions due to massive blood lossetc.9.) It IS possible that Todd will die from this virus. It is estimated that there are 30,000 deaths out of the 200,000(worldwide) total cases of Yellow Fever annually.10.) The Yellow Fever vaccine is available and is the single-most important preventative measure against this virus. It has been shown to provide immunity for 30-35 years or more and begins to provide immunity within one week. This immunization is required prior to arriving in Ghana(Africa).

Saturday, May 25, 2019

Financial Services Overview Essay

The fiscal wait ons industry is one of the most widespread and established industries in the global economy. All companies who deport sales from the management of money for either individuals or institutions are include under this umbrella. In the United States alone, according to the Census Bureau 2007 industry report, it included 503,156 establishments, had approximately 6.6 million employees, and had revenues of 3.6 jillion dollars. Financial services used to be a safe energisen for conservative investors who thought the stocks provided melloweder than normal dividend yield, static performance and revenues and some defense against volatility. inside the last decade however, the collapse of global fiscal economy due to the subprime market and derivatives market falling isolated has led to more than careful involvement in this industry. Moreover, greater regulation in both the U.S. and overseas has led to more controlled administration of more an(prenominal) companies in t his industry. This industry is also extremely susceptible to the waves of the economic cycle. The most opportune time to buy is during economic recessions since financial service companies tend to rise bulge out of recession rather fast because interest rates are usually relatively low. Financial investments are typically undervalued during recession when stock prices are low. violate of the MarketAlthough once considered a conservatives market 2008 and 2009 saw a shift in this thinking due to major return primevals arising in the financial services industry. Although a long-standing crisis of almost a decade, the collapse of the global economies came when in June 2007 Bear Stearns announced to the world that two of its major hedge funds, totaling in over three billion dollars, were failing. The disaster of these companies arose because they were cripplingly invested in the derivatives market based on the US subprime mortgage market. Additionally in September of 2008 Lehman Brot hers, a U.S. investment bank, folded as well. Their meltdown gave fountainhead to the issue of how interlocked and intertwined debt had become in this industry. Liquidity and credit quickly froze globally. Since that market crash international governing bodys have focused on trying to regularize the financial system by putting money into the economy and bailing out banks.Since the crash banks and financial institutions have had more difficulty raising money and higher prize capitol. Furthermore, a important detail of the crash had to do with global trade imbalance, those of which are a key feature of the global economy. The emerging economies of rising countries frequently(prenominal)(prenominal) as China and India helped to finance the credit and housing bubbles that emerged in the United States and Europe. Since these countries continue to expand and grow they bring with them large capitol inflows into western economies. Another issue that the crash brought to light was the sc andals from the financial institutions themselves. Goldman Sachs was accused of defrauding investors by failing to disclose conflicts of interest between with of its clients, Paulson & Co., and its investment decisions in their mortgage portfolio. Goldman Sachs was not the and financial services society to be caught up in scandal however, the sovereign debt crisis in Europe threatened the European banking system and over fishy the gossip of companies within this industry.Industry TrendsNear SourcingOutsourcing has been one a fast growing trend in the market within the last decade. However, apprehensions about data and security issues, increasing and hidden costs, and revived interest in American employment and quality are leading companies tush to the United States. Many firms, oddly within the financial services industry, are reverting back to operating(a) in the U.S. This should quickly increase in 2013. Operating ExcellenceCross line-of- note service models can grow a compa ny many benefits however operating structures have been put on the back burner because of the pace of business strategy and regulative change. Very few companies have shifted from coordination to standardization, which may lead them higher profits. Since many company structures are very set, it is complex to change the architecture of a company quickly. However since companies are gettingused to government regulation aft(prenominal) the crash, they can now focus on open source thinking and operating structures to increase revenues. The Experience economyCostumer experience is quickly becoming a key component to differentiation for financial services companies. Technology and business models are constantly changing to customer demand and now these kindred companies are coming to terms with the fact that the product is no longer the key differentiator. The sustainable competitive gain comes from customer experience. Companies are expanding both their technology and their company culture to give consumers better access to great experience. Increasing emergenceA strategy that has been implemented by central bankers in recent years is to add money into capitol markets to keep interest rates low and hoard interest from riskier investors focused on yields. This increases junk and frontier bonds. Nevertheless well-established firms go forth stick with their well tested strategies and high performance instead of going after high and risky returns. Look for jump start companies in the financial services industry to take higher risk propositions and reputable companies to maintain their position quo. ETFsIn the beginning of 2013 there were less than 100 ETFs. However, because the SEC removed regulation obstacles, money managers are making plans to get their ETFs to the market as shortly as possible. Giving buyers more choices and then potentially lowering costs and finding more flexible solutions are positive consequences of this increase in ETFs. regulatingSin ce the near collapse of global markets within the last 5 or so years, regulation has been at an all time high. In the United States, the consumer financial protection bureau has appeared to control financial services firms and products by focusing on mortgages and loans. Since many governments feel that regulation has helped get the global economy back on its feet, there is no indication that there will be much if any deregulation in sight.Competitors OverviewAlthough there are many companies in the financial services industry, Goldman Sachs has just now a few direct competitors that can plausibly contest their industry lead standing. JP Morgan Chase & Co., and Morgan Stanley are two of their toughest competitors in the United States. Both companies beat market estimates easily. Morgan Stanley has started to focus more on wealth management rather than investment banking. Although many analysts believe that currently the sole(prenominal) banking celestial sphere doing well is inve stment banking. Additionally, underwriting has gone up almost 30% and mergers and acquisitions have gone up more than 20%, both of which hurt companies such as Morgan Stanley, Shwab, and Merril Lynch. Furthermore, due to the slowing of mortgage financing and limited demand for loans, there is a decrease in revenue for major mortgage banks including JP Morgan.Within its industry Goldman Sachs continues excellence due to its strong client management. The stress put on effective management of capitol and regulating expenses is shown across its business. In addition, many smaller financial services companies are withdrawing from Wall Street in 2013 simply because they cannot compete with the capitol power of the major market players.Direct Competitor comparing GS JPM PVT1 MS IndustryMarket Cap 66.66B 178.99B N/A 40.36B 997.91MEmployees 32,000 255,898 N/A 57,061 30.00Qtrly Rev Growth (yoy) 0.01 0.01 N/A 0.18 0.47 Revenue (ttm) 34.30B 90.84B 27.32B1 27.38B 90.52M Gross border (ttm) 0.9 1 N/A N/A 0.87 0.53EBITDA (ttm) N/A N/A N/A N/A -575.82KOperating Margin (ttm) 0.36 0.36 N/A 0.17 0.26 Net Income (ttm) 7.37B 21.43B 290.00M1 1.09B N/A EPS (ttm) 14.49 5.60 N/A 0.53 2.04P/E (ttm) 9.58 8.43 N/A 38.68 13.71PEG (5 yr expected) 1.46 1.18 N/A 1.93 1.97P/S (ttm) 1.94 1.95 N/A 1.45 11.02JPM = JPMorgan Chase & Co.Pvt1 = Merrill Lynch and Co., Inc. (privately held)MS = Morgan StanleyIndustry = Diversified Investments1 = As of 2012 SWOT AnalysisStrengthsThe three most positive strengths that Goldman Sachs has is their position as a global market leader, their international reach, and their talent and business relationships. Earning a market leading position means that they generally have higher margins, revenues and benefits, along with the capability to raise debt at a lower cost. They also tend to be more stable than their competitors. Having international reach gives them the advantage of working with companies that are international and companies based internationally gi ving them access to a much larger network. Lastly, though the economic meltdown has affected many companies, Goldman Sachs has held tight to its highly talented staffing and maintained its business relationships, thus preserving its rock solid foundation. WeaknessesA main weakness that Goldman Sachs unfortunately possesses is that it is concentrated in a few key products. This becomes risky because if one or more of their products goes under, it may take out the whole company. Another weakness they have is their high attrition rates. Although they hire the best and most talented people they often leave with the know how of the company for better jobs and opportunities. Hiring new employees means not only spending more money on training but also wasting valuable time finding the right niche for them in the company. Opportunities in that respect are many opportunities for Goldman Sachs presently. Even though theyalready have international reach, there is opportunity to expand further. A strong international presence will increase growth and profit, expand the customer base, and lead to more stability. Also the emerging markets profit significant prospect to expand products to developed countries, while bringing in new sources of capitol. Another major opening is the economic slowdown and competitor banckruptcies which should help to eliminate some of their competition. This means that all the companies who can invalidate bankruptcy, as Goldman Sachs should be able to do, will have increased profit margins. Less competition also means that there will be more money and higher prices. terrorsAlthough the credit market crisis peaked in 2008, it is still an issue for firms to deal with. The cost of borrowing increases, which lowers margins and limits the free cash flow to shareholders. This conjugate with mortgage issues could have prove to be very damaging to firms in this industry. Since mortgage loans are worth their not what it was purchased for but rather an unknown value, this increases distrust risk, increases discount rate for future cash flows and decreases stock value. Lastly, to attempt to stop inflation, the threat of a high rise in interest rates could keep down the profit margins of a business quickly, especially if they rely on raising money to finance expenses. Since the financial sector profits from borrowing low and add high, this would divideicularly hurt this industry.Porters Five Forces AnalysisBargaining Power of SuppliersFor Goldman Sachs their suppliers have little bargaining power because inputs are not a large part of costs. Therefore the firm will have long-term positive impact due to this, adding value to the company. Bargaining Power of CustomersFortunately for Goldman Sachs the customer base is extremely large and the product is tremendously valuable to them. Sincere there are so many customers generally no single one has customer has much bargaining leverage. Also, because the product carries such signific ance they are willing to pay a higher price, which is good for the firm. Intensity of Existing CompetitionThe financial sector is a large industry which allows for many companies to exist without diminishing too much of the market share from each other. For Goldman Sachs, having many competitors is not necessarily a positive prospect, however having an industry large enough to handle so many firms balances out that negative. Moreover, government regulation limits the competition to an extent and the United States government has been heavily regulating since the recent crash. Threat of SubstitutesThe major threat of substitute occurs when contemplating alternative investment sources. However, Goldman Sachs is a dominating player in its market. This is especially the plate because although mutual funds and hedge funds have given way for investors and individuals to receive higher returns and invest more heavily, they do not have the same level of customer satisfaction. Goldman Sachs prides itself on going above and beyond in creating products and services specifically suited for its clients, and making the ultimate customer experience. Threat of New EntrantsNew entrants in the financial services sector are very limited. High capitol requirements severely affect the plausibility of a company entranceway this market. Moreover, high sunk costs dissuades firms from entering because there is such a large up front cost with no guarantee for revenue in the future. Lastly, because companies such as Goldman Sachs have such strong brand names their customers tend to be extremely loyal, thus leaving little new customer base for new entrants.

Friday, May 24, 2019

Specific User System Requirements

Specific RequirementsThis section provides comprehensive details on every(prenominal) requirements. It should include all of the details which the designer will need to create the design. The details that is shown below should be defined as individual specific requirements such as User Requirements and System Requirements. It also contains all of the software requirements to a level of detail sufficient to enable designer to design a schema to satisfy those requirements and testers to test that the system satisfies those requirements.User RequirementsThe exploiter must cypher the correct username and password otherwise they cannot access through the system. The system should reports invalid log in errors. The system shall provide a facility in changing user accounts Username and Password allowing the users to modify their accounts. The system should report any violation. The system should automatically relent bills and receipt, and other functional reports. The system can also void purchase order and should include search facility on different products information. The system should pass on records on every actions that has been made.System Requirements1. Log in and log out a. Users must be able to log in and log out b. The users must enter correct user accounts to access the system c. The users can change their accounts 2. consider the system main menu a. The system should have a clear and user friendly interface. 3. Rendering order transaction a. The system should provide bills and receipt 4. Viewing / Retrieving / Modifying records a. The user must be able to create and update records 5. Viewing and evaluation of records