Role and Functioning of Stock Markets Coursework

Role and Functioning of Stock Markets - Coursework Example Moreover, securities markets are further broken down into a primary market and a secondary market. A  stock market  is a private or public market for the trading of  stocks or shares  in companies at an  agreed upon price. These include securities listed on a  stock exchange  as well as those traded privately, also known as over the counter securities. A  stock market  is also known as an equity market (Papadopoulos, 2010). Primary Market and its Role: Primary market is the market in which newly listed companies issue their shares to be traded for the first time, changing hands from the newly listed company to the investors, mostly these first time investors are institutional investors for example pension funds, investment banks, credit unions. This process allows a company, the issuers of stocks, to acquire capital by offering their stocks to investors who in return would supply the capital required. Thereby making primary market that part of capital markets that d eals with the issuance of new securities. Privately or Publicly listed Companies, governments or public sector institutions can obtain funding for there projects in this way. Security dealers act as a bridge to link lender to the borrower of the fund. The process of selling new shares is called underwriting. The new stock issue is called an initial public offering (IPO). Dealers earn a commission that is part of the price of the security offering. (Papadopoulos, 2010). Secondary Market and its Role: The secondary market is an organized marketplace for securities. After the initial offering it is through this market that the general public gets the opportunity to be a stakeholder in a company. Licensed broker assist in the buying selling of these securities, along with the exchanges specialized trading system, in accordance with the rules and regulations established by the exchange (Alfaro, Chanda, Kalemi-Ozcan, and Sayek, 2004). When it comes to secondary market, investors in this m arket purchase securities from other investors in the market, rather than from the issuing company. In any secondary market transaction the cash proceeds go to the investors rather than the entity of which the original securities belonged to. The prices of the securities in this market are determined by the forces of supply and demand, this rule applies to every stock available for trading (Demirguc-Kunt and Levine, 1996). Overview of the functions of Stock Market: There are several  functions of stock market that makes it an integral part of the economy. It most important role is the channelling of funds or transferring of capital from investors to users of capital. This role of stock exchanges allows corporations looking to raise capital for enhancing their productive capabilities from investors in the primary market. The secondary market facilitates trade between buyers and sellers of stock and thereby enabling the investors to reach the true price of the stock or commodity. Th is feature of stock market is known as continuous pricing function. This feature enables interested parties to know at any time, what the price of a stock is. Price quotes can be accessed through financial websites and financial channels. This allows investors to assess the worth of their investment in a particular stock (Kale, Dyer, and Sing, 2002).   Stock market also plays the role of fair pricing. The workings of the stock market enable buyers and

Introducing medical anthropology, 2ND Edition(Merrill Singer & Hans Essay

Introducing medical anthropology, 2ND Edition(Merrill Singer & Hans Baer) Chapters 3 Only - Essay Example The field has evolved from simple and cultural treatment practices to the development of modern clinics and hospital to the campaigns on disease prevention (Singer and Hans, 127). In our daily lives, people confuse the meaning of disease and illness. Indeed a lot of ink and papers have been used to jot down the meaning of the two with the aim of distinguishing the two. A disease can be defined as a natural entity that can be identified through various bodily signs such as high temperatures and emotional discomfort among others amongst others. An illness, on the other hand, constitutes a cultural construction that can be identified only through interpretive activities and narratives of the signs (Singer and Hans, 93). The distinction between a disease and an illness is through the identification of the signs and symptoms. Diseases and illnesses affect the health of a person or a society in case of an outbreak of a disease. A society can be called healthy or sick not only because of a disease, but also because of their social behaviors. Thus, health is the complete physical, mental and social wellbeing in absence of a disease or infirmity that promotes life in highest satisfaction Anthropologist studies medicine holistically in terms of modern and cultural medicine used in all social environments. They study the theories of illness and their typologies in order to offer typologies of healing systems (Singer and Hans, 186). The environment and cultural belief affect the treatment of certain diseases. It is important to encourage patients with unique illness to narrate their experience to healers and medical practitioners to offer understanding of the diseases. Anthropology also acknowledges the importance of cultural treatment because diseases existed before the invention of medicine. The study of chronic diseases which might cause disability to a person in society also helps to understand why people stigmatize others in society. Anthropology also encourages

Write a response to the article Modern Stone Age Humans incorporating Essay - 1

Write a response to the article Modern Stone Age Humans incorporating one quotation from artcile - Essay Example Of all the different sorts of theories that I have read explaining the possible reasons or meanings of these paintings, one that I find the most interesting and believable is â€Å"boot-camp training prior to full-fledged military service and training camp prior to sports season†. I think that these paintings might be used by trained and experienced hunters to train the children and young and inexperienced hunters. Many of these paintings show the different sorts of livestock and cattle with spears. I particularly think so because there is a painting of a black deer that is being targeted and shot at by three hunters from different positions. Another significance of these paintings could be material for teaching. It is mentioned in the reading that â€Å"some of the animals in the cave murals are pregnant, and some are copulating† As some of these paintings also show the animals procreating, the paintings might be used as images for teaching how different species

Introducing medical anthropology, 2ND Edition(Merrill Singer & Hans Essay

Introducing medical anthropology, 2ND Edition(Merrill Singer & Hans Baer) Chapters 3 Only - Essay Example The field has evolved from simple and cultural treatment practices to the development of modern clinics and hospital to the campaigns on disease prevention (Singer and Hans, 127). In our daily lives, people confuse the meaning of disease and illness. Indeed a lot of ink and papers have been used to jot down the meaning of the two with the aim of distinguishing the two. A disease can be defined as a natural entity that can be identified through various bodily signs such as high temperatures and emotional discomfort among others amongst others. An illness, on the other hand, constitutes a cultural construction that can be identified only through interpretive activities and narratives of the signs (Singer and Hans, 93). The distinction between a disease and an illness is through the identification of the signs and symptoms. Diseases and illnesses affect the health of a person or a society in case of an outbreak of a disease. A society can be called healthy or sick not only because of a disease, but also because of their social behaviors. Thus, health is the complete physical, mental and social wellbeing in absence of a disease or infirmity that promotes life in highest satisfaction Anthropologist studies medicine holistically in terms of modern and cultural medicine used in all social environments. They study the theories of illness and their typologies in order to offer typologies of healing systems (Singer and Hans, 186). The environment and cultural belief affect the treatment of certain diseases. It is important to encourage patients with unique illness to narrate their experience to healers and medical practitioners to offer understanding of the diseases. Anthropology also acknowledges the importance of cultural treatment because diseases existed before the invention of medicine. The study of chronic diseases which might cause disability to a person in society also helps to understand why people stigmatize others in society. Anthropology also encourages

Enforcement of entertainment laws Essay Example | Topics and Well Written Essays - 4000 words

Enforcement of entertainment laws - Essay Example Compensation Agents earn a compensation for their services at between 5% and 15% of the artist gross earnings from bookings, engagement, or employment secured by the agent. The commission given to the agent may vary depending on the type of work, length of time, popularity of the artist, and state laws. Some state laws stipulate that agents and talent agencies must obtain licences before obtaining commissions, and may be charge a particular maximum amount. Before agents represent an artist, they have to sign contracts (Ronald, 2008). According to Harrison, (2007), attorneys usually assist the artists in handling any contractual negotiations on their behalf, to be certain that the terms of an agreement such as fees and duration are favourable to the artist. Talent agents can sometimes act as managers with no licence and experience, and may negotiate contracts such as recording, publishing, or merchandising contracts for the artist, is like practising law without a licence which can je opardize the artist’s career. Contracts in the music entertainment industry can involve extremely complex legal issues such as a variety of rights, and usually have long term effects on the artist’s career. Conflict of interest may arise where an agent is being paid commission on the artist’s contract. This may make the agents focus on the advance money, at the expense of what they may assume as many details concerning the artist’s royalty calculations, publishing, creative control, production, merchandising, and other long term career issues of the artist. 2.3 Enforcement of entertainment laws State laws, such as California and New York require talent agents to obtain a licence as a form of the artist... This "Music Industry Management (Entertainment Law: Portfolio)" essay outlines the main components of entertainment law. The participation of lawyers in the media has made the media law develop much faster thereby leading to the development of entertainm ent law. Entertainment law refers to a combination of various traditional laws that focus on the provision of legal services to the players in the entertainment industry. The entertainment law combines various slaws such as company law, contract law, and sales of goods law. It is also noteworthy that, artist just setting in business, or fully established in the entertainment industry should consider having an entertainment lawyer in addition to having proper knowledge of their rights as an artist. The entertainment law firms all have different practices as most of the entertainment lawyers have varying areas of specialisation. It is therefore the onus of the artist to identify their needs be it litigation need (litigation attorneys) and or transactional needs (for the transactional attorneys). While the litigation attorney only specialise in defensive and offensive legal action, the transactional attorney s are responsible for facilitating entertainment deals, negotiations, strategi c initiatives as wells as other contractual issues. It is also advisable for artist to running contracts with entertainment law firms in order to enjoy complete legal coverage and legal representation. This should happen before and after legal issues arise because one entertainment lawyer may not provide the perfect coverage.

Between White and Roberts Essay Example for Free

Between White and Roberts Essay Between the descriptive essay Once More to the Lake by E.B. White, and the narrative essay How to Say Nothing in 500 Words by P.M. Roberts I find the descriptive essay to be far more interesting to read for the way it is written appeals to the senses of the reader. Both essays, however, carry good merit and are written very well. The essay that is currently being presented is an interpretation of the similarities and differences between the styles of these two essays, and the impact they have on the reader as well. Among the major differences between the two essays is the way they are structured. In the essay â€Å"How to Say Nothing in 500 Words† Roberts uses nine different headings relating to the key elements of what he is writing about. He breaks down each component of what he considers to be good practices of writing with each section consisting of its own idea. He uses this method to present multiple ideas pertaining to the same general subject of the essay. Using headings to separate ideas and points is a good way to present information clearly, but it also gives a paper an impersonal and formal feeling that most casual or average readers do not relate to. In â€Å"Once More to the Lake†, however, White does not separate ideas into different headings. The story he tells in his essay progresses forward without being broken up into multiple ideas, and the general subject does not change throughout the essay in any major way. The entire essay reads like it is its own chapter of a book. It provides the reader with a fluent story from start to finish. Another large difference between these two essays is in the tone and language that the authors use. Roberts uses a mostly formal tone and language throughout most of his essay. There are a few places in which he uses mild humor to keep the readers’ interest, but his dry tone mixed with the subject his essay is centered on limits the effectiveness of his attempts. One such attempt at humor is where he speaks of a college  professor grading essays in the sentence, â€Å"As he reads paper after paper all saying the same thing in almost the same words, all bloodless, five hundred words dripping out of nothing, he wonders how he allowed himself to get trapped into teaching English when he might have had a happy and interesting life as an electrician or a confidence man.† (P.M. Roberts) He has a very dry sense of humor that leaves the reader wondering why he even makes the attempt at humor in many cases. White uses an informal tone in his essay, and uses language that appeals to the readers’ senses. He makes no attempts at humor in his essay like Roberts does, but he instead paints pictures of scenery with words in exuberant detail. The depth and detail with which he writes stirs the readers’ emotions and memories in the way he tells of his own memories. He takes the mind of the reader on a journey with him as he recounts memories of his childhood. The tone he uses is one that is somber and serious, but also quite casual. â€Å"Summertime, oh summertime, pattern of life indelible, the fade proof lake, the woods unshatterable, the pasture with the sweet fern and the juniper forever and ever, summer without end; this was the background, and the life along the shore was the design, the cottages with their innocent and tranquil design, their tiny docks with the flagpole and the American flag floating against the white clouds in the blue sky, the little paths over the roots of the trees leading from camp to camp and the paths leading back to the outhouses and the can of lime for sprinkling, and at the souvenir counters at the store the miniature birch-bark canoes and the post cards that showed things looking a little better than they looked.† (E.B. White) It is with the use of this kind of language that White fills the writing canvas, as well as the reader’s thoughts, with the detailed images of the surroundings of the lake. The subject matter between the essays by Roberts and White is yet another drastic difference. â€Å"How to Say Nothing in 500 Words† is an informative narrative essay about what to, and what not to do in the writing of a college essay. It is a strictly academic essay. It covers a number of points of what kind of language and ideas to use in a college level paper. The section of his essay that he names â€Å"Call a Fool a Fool† can easily be summarized as him trying to get across that one should say what they think of a matter regardless of what they think the instructor grading the paper or anyone else that might read it would think of what you have to say. He  basically states that if it is your opinion, then state it without worrying that it may offend anyone that may not share the same view. The subject matter of Roberts’ essay is a topic that only a college student would truly care to read about. The subject matter of the essay by White, however, is nearly as far in the other direction as you can get from Roberts’ essay about writing an essay about college football. White’s essay â€Å"Once More to the Lake† is about his visit with his son back to the same lake that his own father took him to every summer with his family while he was growing up. He describes in detail the changes that have occurred in the many years since he had been back to the lake, and the times he had with his family in his youth as well as the time he is spending there now with his own son. â€Å"Inside, all was just as it had always been, except there was more Coca Cola and not so much Moxie and root beer and birch beer and sarsaparilla. We would walk out with a bottle of pop apiece and sometimes the pop would backfire up our noses and hurt. We explored the streams, quietly, where the turtles slid off the sunny logs and dug their way into the soft bottom; and we lay on the town wharf and fed worms to the tame bass. Everywhere we went I had trouble making out which was I, the one walking at my side, the one walking in my pants.† (White E.B.) The way he describes and speaks of his surroundings and the small adventures that he and his son embark upon makes it evident that he truly cares about the story he has written, and that the entire compositio n is a nostalgic journey through his past and present. The feelings that he clearly has while writing his essay is something that nearly any reader can relate to. Now that the major contrasting points between the two essays have been presented we should move on to the similarities, but there are next to no similarities at all. The most prominent similarity between them is simply the fact that both compositions are considered essays. They are written in completely different styles on completely different subjects, and with a completely different reading audience in mind. It can be said, however, that both essays are properly written for their intended audience, and one could also argue that the essays are similar in regards to the fact that both essays give the reader something to think about after having read the compositions, but that would be reaching very far to find some form of similarity simply for the sake of being able to say that they are similar in some fashion. It is easy to say  that the two essays contrast in major ways, but it is not so easy to say that they compare in any significant way. The essays â€Å"How to Say Nothing in 500 Words† by P.M. Roberts, and â€Å"Once More to the Lake† by E.B. White are both well written, but the descriptive essay by White is the superior of the two for his use of easily understood descriptive language and the seamless flow of his ideas and thoughts on the paper making for an easy and enjoyable read. His essay is also written about a subject that nearly any reader can relate to in some way while the essay by Roberts is aimed more at a particular demographic. Roberts also uses a â€Å"matter of fact† kind of tone that if he had not introduced a dash of humor here and there throughout his essay would have made it too technical to keep the average reader interested enough to read the whole composition while the essay by White draws the reader in and leaves them wanting more. The essay â€Å"Once More to the Lake† by E.B. White is a timeless piece of literature that the writer of this essay strongly recommends to any reader. References Roberts, P. M. (n.d.). How to say nothing in 500 words. Retrieved from https://docs.google.com/document/d/1Gw_UcMT4u-ZSW7ZBN_RAMspZFex6o83oIbnvtuV-CM8/edit?pli=1 White, E.B. Once more to the lake. Retrieved from http://www.freewebs.com/lanzbom/EBWhiteLakeEssay.pdf

Planning a Wedding on a Budget

Planning a Wedding on a Budget A wedding is first planned when the two partners sit down together and discuss how they would want the wedding to be for them. From this, they will be able to state the amount of money they would want to spend on the whole occasion and ends up been a success. From the stated amount of money, they would be able to limit their expenses according to your priorities with respect to the following sectors: the size of the wedding, location of the wedding, time of the year, photos and video to be captured during the event, music to be played during the whole occasion. We shall cover the sectors above step by step analyzing them. Size of the wedding The size of the wedding is determined by the number of guests who have the greatest effect on the total cost because this means more food and drinks, a bigger church or a hall for a reception, a bigger wedding cake and more invitations. The first consideration to make when thinking about the number of guests is who is more important and who should not miss the wedding. Because in most places charges are done per head and an addition of an extra 50 or 100 persons will be significant. When it comes to invitations and decorations, you can save a substantial amount of money if you do it yourself and to be able to achieve this, you need to be able to design using a computer in which saving money comes in by coming up with ones own invitations. The same can be done with decorations for the church or the reception hall. With raw decoration resources, you can achieve a lot and as well put in your taste and creativity. Flowers add part of the decorations. Do you want fresh natural flowers which smell and are beautiful to top it up? By using the fresh flowers as the centre pieces of the tables and do a blend with the artificial ones. This will save a great percentage of your money to be spent. Foods and drinks And now the part that invites wedding crashers to a wedding in addition to single ladies is food and drinks, which without hesitation will be among the leading expenses depending on the type that you select for your wedding. The questions to ask yourself here are if you would want a buffet presentation or a formal sitting down meal of which the latter will be a little more expensive considering you will need more staff to serve the meals unlike the former. Maybe another thing you would want to consider is what will be offered before and after the meals if really necessary. For this you have to be ready to spend an additional amount per head. Another point to remember is that alcohol has never been cheap and so if you are intending to have a mini-bar, thats another cost to encounter because of the obvious reason, the waiters or the bar tenders. Go for the option of the cheaper house not forgetting the time the bar service will take to be on operation. You can save some money if the bar is closed for a while during the meal service. Music and photography The other important part of the wedding is the music and photography session. Depending on what you want, either live band/ entertainment, music playing during the occasion, or hiring a DJ, remember to weigh the options. Discuss the package options with the photographers as early as when you start planning for the wedding to be able to chose quality and save on money. All in all remember this is a one time event in your life so do your planning considering the benefits it will give you and your partner for the future. HOW TO PLAN A WEDDING ON BUDGET GENERAL PURPOSE: To help on planning a wedding SPECIFIC PURPOSE: how to plan for a wedding on a budget and live to remember it positively CENTRAL IDEA: overspending in weddings that people could save on to buy their first house INTRODUCTION The major areas to consider while planning a wedding on a budget are: size of the wedding, location of the wedding, time of the year, foods and drinks, Photography and videos. BODY To reduce the size of the wedding, only invite the most important persons to attend it as this will reduce the size of the cake to be baked, the size of the church and the reception hall and in the end cutting down on the cost. More so, you will have a small number of invitation cards to make which you have to do it yourself especially if you can design using a computer. On foods and drinks, chose the type of presentation you would like to have and remember to put into consideration the time the bar will be operational which will cut down on the costs to the bar tenders and the waiters. Always go for the quality cheaper options which may come as a package. The same goes for the photography and videos,. Although with these it would be advisable to start planning for it as soon as you start planning for the wedding as you will get a good enough time to go through their productions and there you will give your judgment as to which one is better and your preferences. This form the basis of your memories of your wedding day, therefore be careful. CONCLUSION This wedding is for you and your probable life partner. It can also be considered as the foundation of the marriage and so you need to live and enjoy it with good memories which begin from the thoughts, the planning, the photos and videos and ends with the memories again. From the savings made, you and your partner can it aside as a deposit for your future house or buying an item that will benefit the two of you in the future, give yourselves a treat of a lifetime or even put it as savings for an emergency in the future. You realize that many people do an expensive wedding that ends up been a disaster or they regret about it after it has happened saying if and only if, I would have done this or that which was cheaper at the time but opted otherwise. Cheap does not necessarily come up with bad quality, you will be surprised buying your wedding gown at a cheaper rate from one end of town and get the same design and quality double the price at the other end of the town. Walk around town or the city and compare the various prices and the availability of the different packages that are been offered and weigh them and finally give your preference. You will love it. Remember it is all for you and your partner all the others are third parties.