Monday, January 27, 2020

The Third Gender The Hijra Sociology Essay

The Third Gender The Hijra Sociology Essay In western culture, gender and sex have been described under two distinct realms-male and female. These identities to some are determined solely biologically, and many are oblivious to the fact that in many cultures, different genders are present. One of the most prominent third genders is based in South Asia, specifically India. Known as the hijra, they have grown to become a prominent and well-known member of Indian society, but have suffered from discrimination and have struggled for their basic fundamental rights. Based in India, the hijra are physiological males who identify themselves as females at an early age, wearing womens clothing and performing stereotypical female gender roles. Indian society refers to the hijra as a third gender. They are not female nor male, but a separate entity who carries their own culture, values and traditions. In relation to the western world, the closest form to the hijra would be known as a transgender. The hijras trace their origins back to the religious era of the deity Ram. As told in the Ramayana epic, just before his sojourn into the wilderness, Ram instructed all men and women who had come to see him off to return to their village. The hijras, being neither men nor women stayed at Rams point of departure until his return years later. Upon seeing their devotion, Ram blessed them and promised them the right to rule during the final age of mankind (Amisha_2010:835). As religion is a major aspect of Indian culture, much of the hijras history is based off the Indian polytheistic religious era. As religion is of great importance to the hijra, this event historically marked their first interaction with the Indian gods. Many hijra undergo a painful castration process known as nirvan to officially identify as a hijra. This process of the upmost importance as it ends with the new hijra embracing the femininity he has identified himself with his entire life. The process has been documented: His transformation is nearly complete as he prostrates his naked body before the murti of Bahuchara Mata, praying for her blessings. When he stands, his chela (guru) will complete the ceremony with two swift slices of the long blade, permanently severing his manhood. The remaining blood that gushes from the cut is considered the last of the male part. Hot sesame seed oil will be poured over the open wound, which will later be prodded repeatedly to ensure that the urethra remains open. No anesthesia or surgical tools are available, for it is believed that medically performed castration would diminish the spiritual experience of the ritual. (Patel_2010:835) Once the castration process is completed, the hijras both physically and spiritually feel as though they have transformed themselves. As the hijra undergo a physical transformation, they also follow a strict household structure. Members of the gharana, the communal hijra household, ardently support the hijra code. The hijras maintain the basic family hierarchy. The GWU report states, An elder naik oversees the basic running of the household, and chelas initiate hijras and turn over a portion of their earnings for household expenses. In addition, all hijras pay a fee to the jamat, or congregation of hijra house leaders recognized within the larger community. (Patel_2010:836) Many houses are situated relatively close together. As much of Indian society and culture rejects the hijra, the hijra feel it is necessary to isolate themselves from the mainstream culture. Not only does this give the hijra a sense of community, but it also preserves their security and safety. Despite these protective measures, hijras remain a marginalized group in a country that continues to ostracize them. India is two-sided in its social perception of the hijra lifestyle. As a community, Indian society treats hijras with a combination of fascination, revulsion, and fear (Patel_2010:836). As a means of survival, hijras predominantly participate in begging and prostitution. For a small fee, they also perform badhai-local families sometimes welcome them into their homes to bless auspicious births or weddings (Patel_2010:836). For the most part, however, sex work is the most profitable option for the hijra. As a result, Indias hijras struggle as an ostracized social class, subject to gender violence and various other human rights violations. There are very few domestic policies protecting hijras. Although there have been recent pushes for their rights, few have been successful. The hijra have struggled to enjoy the basic human rights many Indians enjoy. Most importantly, Indian law does not recognize them as a third gender. This denies them the right to vote, the right to own property, the right to marry and the right to claim formal identity through any official documents such as a passport or driving license. Accessing healthcare, employment or education becomes almost impossible. In the face of such odds they are forced to earn money any way they can (Harvey_2008:html1). Hijras are regularly robbed and sexually assaulted on the street at the hands of gangs and other local thugs. A hijra who served as chairperson of a human rights organization said, We have no constitutional rights. That is the problem. We dont have voting rights; often we cannot get housing. This is not allowing us to have an identity of our own (Harvey_2008:html1). Reports show however, that attitudes are gradually beginning to change. An initial difficulty in addressing the rights of sexual minorities is in recognizing the differences between the concepts of sex and gender. Sex, by definition, operates within the classic binary biological model, in which the human species is clearly divided into neat categories of either male or female (Patel_2010:836). Gender, however, is a more inclusive term, which includes social constructs of personal belief and sexuality that have deeper meaning than the traditional biological sex distinction (Patel_2010:836). In addition, the classic Western binary models of sex-male and female-and sexuality-homosexual and heterosexual-do not fit neatly into Indias traditional concepts of gender and identity. As a result, hijras are the unknown-the intersex gender between male and female in India. Although the hijra have been ostracized for many years, conditions are slowly starting to improve. As technology and media communication have vastly improved in India, more people are beginning to not only notice the presence of the Hijra, but also appreciate it. The Hijra have formed unions to organize protests for their human rights and will continue to fight for legislation until they are satisfied. India has taken many steps toward recognizing transgender rights. In recent years, hijras have become increasingly visible in the political arena. After gaining the right to vote in 1994, a few have held political office in various states in India, and often have the support of religiously affiliated majority parties as safe candidates. In 2000, Kamla Jaan, a hijra in the state of Madhya Pradesh, was elected mayor of Katni after running as an indepen- dent. Indian society perceives hijras as un-entrenched political candidates-secular, casteless, and asexual-simultaneously able to understand the plight of the downtrodden and able to gather the support of outsiders. Furthermore, mainstream society has recast these candidates as embodiments of respect and morality, above traditional corruption that permeates Indian politics. As a result of their improved prominence, India has taken some effective measures in acknowledging the legal status of hijras. For example, there are three distinct gender classification choices available on the Indian Passport-ma le, female, and others' (Patel_2010:836). In addition, the prominence of hijras in the media has fostered increased social acceptance of transgendered individuals. Thus far, the state of Tamil Nadu seems the most accepting. There, a transsexual hosts a local talk show called Ippadikku Rose. The state also hosts an annual transgender festival to facilitate accept- ance of hijras into mainstream society. In addition, hijras are making appearances in the fashion industry, and recent Bollywood films portray them in a positive light. In 1994, the South Indian film Tamanna portrayed the life of a hijra who saves a young girl from life on the streets and later adopts her. In 2008, a hijra was cast as the first transgender in the country with a lead role in a mainstream Tamil movie. Despite receiving some recognition and social acceptance, hijras remain an ostracized and differentiated social class. Hijras struggle to reconcile their physical visibility with the invisibility of their community as a whole. In the end, however, community invisibility makes hijras susceptible to gender violence and other human rights abuses. By creating and recognizing transgender rights, India has the capacity to battle its current HIV/AIDS epidemic in a meaningful way, give real effect to the human rights of sexual minorities, and serve as a model for other nations to recognize gender-based rights. In order to accomplish these goals, however, India must repeal current discriminatory laws and enact equal opportunity legislation on the basis of gender and sexuality. In order for there to be meaningful change, formal legislation must be passed, and with the help of the human rights activists and unions, the legislation could very well happen. Works Consulted Amisha, R. P. (2010). INDIAS HIJRAS: THE CASE FOR TRANSGENDER RIGHTS[dagger]. The George Washington International Law Review, 42(4), 835-863. Nick Harvey http://www.newstatesman.com/world-affairs/2008/05/hijras-indian-changing-rights (Hijras Indian Changing Rights) The Hijras of India http://lisa.cs.duke.edu/~john/finalproject/ Khan, S. I., Hussain, M. I., Parveen, S., Bhuiyan, M. I., Gourab, G., Sarker, G. F., . . . Sikder, J. (2009). Living on the extreme margin: Social exclusion of the transgender population (hijra) in bangladesh. Journal of Health, Population and Nutrition, 27(4), 441-51. Retrieved from http://search.proquest.com.proxy.library.vanderbilt.edu/docview/202996682?accountid=14816

Sunday, January 19, 2020

Analysis of I Sit and Look Out by Walt Whitman Essay

I sit and look out† by Walt Whitman echoes all miseries and atrocities of life that rose to the surface in the wake of capitalism. 19th century witnessed a sea change in the lives of people as rat race for materialistic possession became more prominent and principles were relegated, concerns and emotions were sidelined from inside of human beings. The poet pen pictures such a sad tale of human life by attempting to pose as onlooker who watches everything but does nothing to alter situations. In this analysis of â€Å"I Sit and look out â€Å"by Walt Whitman, the capitalization of the verb â€Å"sit†denotes the action of an onlooker. It is also symbolic of the speaker who sits idle and shows no sign to do anything. His constant position is also indicative of his complacent confinement which is miles away from suffering multitudes. On the other hand, the idea of â€Å"I Sit and look out† is expressed through the term ‘look out’ that speaks of his own position which is safe and secure, away from the sufferings of the mundane world. In ‘I sit and look out† by Walt Whitman, the usage of free verses is abundant which serves to denote a never changing situation. All throughout the poem, the poet keeps an undermined toned of pessimism and paints an apocalyptic imagery that hits the readers as they progress in the poem. â€Å"I Sit and look out â€Å"by Walt Whitman is also a fine instance of the author’s disillusionment with the world that is evident through the first two lines of the poem and it continues to the point where he exclaims; â€Å"I SIT and look out upon all the sorrows of the world, and upon all oppression and shame; I hear secret convulsive sobs from young men, at anguish with themselves, remorseful after deeds done; I see, in low life, the mother misused by her children, dying, neglected, gaunt, desperate; I see the wife misused by her husband-I see the treacherous seducer of young women; The poem is more of a study of this dystopian world where oppression and shame rule the roost of the society. The theme of â€Å"I Sit and look out â€Å"draws upon an image of seclusion as the poet feels that he is located and placed at an altitude that is way higher and away from the episodes of sufferings and misery. The paroxysmal sobs of youth stifled in World War, having an albatross around their neck is an imagery that speaks of their remorseful actions. Walt Whitman talks about children who have taken advantage of their own mothers and now she lies all alone distressed, her solitude beckons her children every moment. The poet speaks of a distressed time where wives are put to misuse by their husbands,  cheated, abused and tortured. The husbands are pen pictured as â€Å"callous lovers’ who picks up young women and deceives them without a shade of remorse or guilt. The theme of â€Å"I sit and look out†points at the jealousy of the human race among themselves, unrequited love that is seemingly impossible to hide. The angst and the anxiety of the poet, the fear and the tension that rumbles up the poet’s mind while he sits comfortably in his place is an awakening call for the readers to rise up and take a step in altering the situation. Walt Whitman’s agony and meanness are justly defined in the lines; â€Å"I observe a famine at sea, I observe the sailors casting lots who shall be kill’d to preserve the lives of the rest, I observe the slights and degradations cast by arrogant persons upon laborers, the poor, and upon Negroes, and the likes; All these–all the meanness and agony without end I sitting look out upon,See, hear, and am silent.â€Å" The poet seeks to demarcate emotions in his poemby introducing camouflage to pertain jealousy and unrequited love behind the mask of smiles and affability. The ego is hosted and the sufferings are subdued and the speaker is never at rest although he doesn’t move from his position. Perhaps, the process of being an onlooker is more painful than being the victim. In other words, the poet calls one and all to rise and do what is right to free themselves from the shackles of pain and liberation and pacify their ego. It is the onlooker who sits silent through the dangerous aftermaths of war, the deaths of millions and autocracy that causes dents within the state. He has to bear the pain as he beholds the sight of prisoners-tortured and tormented-the most terrible byproduct of wars and battles fought. The pen picturisation is horrific, where sailors are thrown into the sea to fight the waves and survive to the shores. The poor workers, the Negros are subjected to slavery in the hands of the capitalist world where nothing prevails but oppression and penury. â€Å"I Sit and look out ‘transforms itself to be a worthy satire of troubled times where agony and not beauty lies in the eyes of the beholder. It’s good to know: †¢Walt Whitman has been claimed as America’s first â€Å"poet of democracy†, a title meant to reflect his ability to write in a singularly American character †¢Whitman’s poetry has been set to music by a large number of composers; indeed it has been suggested his poetry has been set to music more than any other American poet except for Emily Dickinson and Henry Wadsworth Longfellow

Saturday, January 11, 2020

Literacy Narrative Essay

Due Date: Friday night, September 6th by midnight in the digital dropbox on Angel Desired Learning Outcomes: 1.Understand our personal development as readers and writers or persons 2.Explore writing as a means of self-discovery 3.Choose the appropriate voice, diction, and audience for a personal literacy narrative 4.Use various invention, drafting and revising/editing strategies as needed 5.Demonstrate appropriate conventions of grammar and style of written English 6.Use technology effectively and correctly to complete the assignment READINGS FOR PAPER: 1.Norton, Chapter 7: Writing a Literacy Narrative, Chapter 40: Narrating, and Chapter 57: additional examples of literacy narratives to be selected by the instructor 2.Quick Access Concise, Chapter 1: Understanding College and Other Writing Situations and Chapter 7a & c: Strategies for Writing Typical Kinds of College Papers ASSIGNMENT: After completing the readings for this assignment, follow the guidelines in Chapter 7 of your Norton Field Guide, particularly pages 43-46. Additional tips on the writing process itself appear in the chapter, as well as samples from professional writers. As your text advises, follow these steps. 1.Choose a topic. A single event that you recall vividly would be a good choice. See the suggestions on page 43. 2.Consider the rhetorical situation, particularly your audience and stance. Your instructor will discuss conventions in more detail, but this type of writing does not require a formal tone and may use the first person (â€Å"I†). Grammar and  format, however, need to be correct. 3.Be sure you understand the nature of narrating (Chapter 40) and have the kinds of details and stance that motivate and excite your readers. A good narrative always has an element of conflict. 4.Apply the information in your Field Guide on generating ideas, drafting, and revising under the direction of your instructor.

Friday, January 3, 2020

Soundtrack of My Life - 912 Words

Soundtrack of my Life Throughout my life I have heard many songs and many of them have remained with me in my memories. I think the main artists I remember from my childhood are Bruce Springsteen, Tom Petty and Michael Jackson. â€Å"Born in the USA† from Bruce Springsteen is the main one because this was the only song that my dad and I could agree on. His favorite song was Tom Petty’s â€Å"Free Fallin’† which at that time I highly disliked; I have learned to like it with time now. And then for Michael Jackson, he had many songs that I remember, but I think â€Å"Bad† sticks out the most to me. Everytime I think of these songs I just think of being a child, and how I had no worries then, it seemed like such a peaceful world. As I got older I†¦show more content†¦I really can’t say that I associate any certain songs with happiness. Kind of like I said above, I like fast paced upbeat songs, they keep me in a good mood. I don’t mind slow son gs, a lot of them are very good songs, but can make me cry. Especially now that I am pregnant, some sad songs or slow songs are just automatic tear jerkers and hey really shouldn’t be. I like songs that have good messages behind them. A lot of newer music hese days have good beats, but have very poor messages behind them. I think this is one thing I always liked about Eminem; he always seemed to rap about things that have a good message, instead of talking about getting wasted at the club or sleeping around. I don’t think this is the type of stuff our kids these days should be hearing about. I guess all they have to do is turn on the TV and they’ll see this too, but I think it is something we should be discouraging, not encouraging. But I guess that is where the parents need to step in and explain right from wrong to theirShow MoreRelatedTechnical Analysis : The Hunger Games1222 Words   |  5 PagesAnalysis: The Hunger Games Emotions are powerful tools and can be expressed in a multitude of ways, but an extremely effective tool of conveying emotions is through soundtrack. A soundtrack is not only entertaining for an audience, but also can give them insight on what a character is feeling. A prime example of conveying emotions through soundtrack is in the film adaptation of The Hunger Games. The Hunger Games novel is hard to effectively portray through a film because the writers and producers are limitedRead MoreGladiator, by Ridley Scott1120 Words   |  5 Pagesfor his taste of sweet, sweet revenge? When breaking films into this type of category, one film that stands out among the rest has to be Gladiator. Gladiator can be argued as one of the greatest action movies of all time, and for good reasons. The soundtrack, dialogue, and characters have no equal in the revenge action category of film, and can be considered tops of pure action films. Gladiator is a perfectly well rounded movie that adds the bes t of all worlds to create the masterpiece seen today. Read MoreAnalysis Of The Movie The Revenant 1424 Words   |  6 Pagesphenomenal and the scenery and special effects are very detailed and inspirational, but the factor that made me believe that The Revenant is boring, is the simple fact that it is too much. It has too many mini- climaxes that makes my heart race and put me on the edge of my seat so by the time I watch the actual climax of the story, it is just another scene, no different than the scenes before. In summation of the film, Glass is a half-dead man going to the limits of his capability to not only surviveRead MoreThe Quality Film I Have Selected976 Words   |  4 PagesEDITING MY PAPER The quality film I have selected is â€Å"Goodfellas†. 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However, the film has several strong criteria, including the character deve lopment, the messages and themes, the dialogue, and the soundtrack which make it popularRead MoreThe Great Gatsby By F. Scott Fitzgerald1476 Words   |  6 Pagescritical themes of a film in a melodious way and augment the emotion on screen. Songs can set the tone of a movie with or without lyrics. For example, the soundtrack of the 1977 film Saturday Night Fever includes groovy songs that complement the tone of the film. The suspenseful notes of the Jaws theme suggests that danger is approaching. The soundtrack to Baz Luhrman’s The Great Gatsby is a tasteful collection of songs from artists of different genres. Through this amalgamation of genres and lyrics,Read MoreFantasy Xv, A Game Composed By Both Tetsuya Nomura And Hajime Tabata1346 Words   |  6 Pagesapproved while others didn’t. I played Final Fantasy throughout my entire childhood years, all the way to my adolescent years, and even now as an adult. I’ve anticipated this game for some time now, and have finally gotten to play it. With that being said, my criteria for the evaluation of this title will be based on the elements that I find to be crucial in the overall quality of a good game. Final Fantasy XV is a phenomenal game, in my opinion, because there is an obvious focus on character development

Wednesday, December 25, 2019

Ambiguous Concepts Of Insolvency Between Temporary Lack Of...

1. Ambiguous concepts of insolvency between temporary lack of liquidity S588G impose a duty on directors stop a company trading while it is insolvent or would become insolvent. The provision requires directors take any reasonable steps to prevent incurring debts and maintain the maximum abilities to pay the present creditors or protect future creditors. The ultimately objective is to protect the creditors. According to S588G, as long as the directors suspect that the company is insolvent or would become insolvent and fail to prevent a company from insolvent trading, he or she would potentially personal liable for all the debts incurred since insolvency. Under S95A, A company is insolvent if it is unable to pay all its debts when they become due for payment (Hanrahan, 2015). It is difficult for directors to figure out whether the company is temporary lack of liquidity or insolvent. Furthermore, the uncertain local and global economic conditions would make them feel hesitant about whether the decision they make will save the company not. This provision put significantly personal liabilities on directors’ shoulder. Directors special without company share directors would rather to simply give up saving the company by winding up or appointing an administrator than put their personal wealth on risk even though there is a chance to rescue it. One of the objective of appointing an voluntary administration is to put a company into a temporary† safety zone† from its creditors andShow MoreRelatedBanking Concepts and Practices39548 Words   |  159 PagesXITE, Gamharia Banking Concepts Practice [Paper 11: Elective II, Academic Session 2011-12] 1. Evolution of Banking: Bank-Meaning, Definition, Features Classification, Concept of Different Types of Banking System, Overview of Indian Banking System 2. Commercial Bank: Basic Concept of Commercial bank, Role of Commercial bank in Financial System, Credit Control by Central Bank 3. Central Bank: Meaning, Functions, Methods of Credit Control 4. Monetary Policy: Meaning, ObjectivesRead MoreCorporation (Fisch) Outline Penn Law Essay62808 Words   |  252 PagesTable of Contents I.) INTRODUCTORY PRINCIPLES 2 A.) Efficiency and Other Concepts 2 B.) Agency and Partnership Law 2 II.) INTRODUCTION TO THE CORPORATE FORM 16 A.) Formation and Structure 16 B.) Debt, Equity, and Valuation 22 III.) CONTROL OF CORPORATE DECISIONS 32 A.) The Role of the Shareholder 32 B.) Management Obligations 50 1.) Duty of Care 51 2.) Duty of Loyalty 56 3.) Duty of Fairness: Parent-Subsidiary Relationships 63 4.) Duty of Good Faith 64 5.) Management ObligationsRead MoreTestbook Answers112756 Words   |  452 Pagesaspect of dividend irrelevancy--given a dividend policy, the value of the firm is the same whether it is based on dividends or cash flows. A related illustration is given in the outline of clean surplus theory in Section 6.5.1. The only difference between that illustration and this question is that here valuation is as at time 0, whereas in Section 6.5.1 valuation is as at time 1. Copyright  © 2012 Pearson Canada Inc 17 Scott, Financial Accounting Theory, 6th Edition Instructor’s Manual Read MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesManagement, Fourth Edition I. Management 17 17 2. The Evolution of Management Thought Hughes−Ginnett−Curphy †¢ Leadership, Fifth Edition I. Leadership is a Process, Not a Position 51 51 70 1. Leadership is Everyone’s Business 2. Interaction between the Leader, the Followers the Situation Cohen †¢ Effective Behavior in Organizations, Seventh Edition 11. Leadership: Exerting Influence and Power 94 94 Text Palmer−Dunford−Akin †¢ Managing Organizational Change 2. Images of Managing Change Read MoreCorporate Finance174197 Words   |  697 PagesEnd of Chapter Solutions Corporate Finance 8th edition Ross, Westerfield, and Jaffe Updated 11-21-2006 CHAPTER 1 INTRODUCTION TO CORPORATE FINANCE Answers to Concept Questions 1. In the corporate form of ownership, the shareholders are the owners of the firm. The shareholders elect the directors of the corporation, who in turn appoint the firm’s management. This separation of ownership from control in the corporate form of organization is what causes agency problems to exist. Management may

Tuesday, December 17, 2019

Scientific Method Essay - 1164 Words

Scientific method what comes to mind? Do we start thinking of some type of formal process that will answer all our scientific questions or problems? When I was in school many years ago, we were taught that scientists go through a series of steps to find a solution to a problem or find evidence to support or disprove a theory. It all seemed rather cold, and formal. Going back to school, school has taught me that science has undergone significant changes and has moved away from the rigidity of a fixed series of steps in what was formerly called the scientific method. I think the best way to describe what helps me understand scientific method, is trying to shed some light on the uncertainties through†¦show more content†¦What I have found is that a lot of research on adult learner has been done only performed recently. If we go back to the first half of the twenty first century, organization theory was dominated by classicists who viewed organizations as rational systems and valued efficient operations above all. They promoted the idea that management is a process of planning, organization, command, coordination n, and control and that design of an organization should be like that of a machine. This concept spawned the modern bureaucracy. (Morgan, 1997a) Morgans points out those organizations could be considered cold and dehumanizing, so we are suppose to think of organizations as machines? As we interact everyday with many organizations that are bureaucracies such the schools we attend, the bank we keep our money. Bureaucracies have been a very successful because they work and they ar e efficient. They have been consistence and persisted because this gives the manager control over the people. This concept was ingrained in managers. This theory was scientificly management was developed by Fredrick Taylor during the earlyShow MoreRelatedThe Scientific Method Of Scientific Methods1015 Words   |  5 Pages Research Methods Paper The Scientific method is a procedure that consists of systematic observation measurement, and experiment, and the formulation, testing, and modification of the hypothesis. Scientific methods are what are done to see the outcome of an experiment before they decide to use it on a real human. A Scientific method is a research that helps people to develop good programs that will help in the long run. The Scientific method is a method that is used to figure outRead MoreThe Scientific Method Of Scientific Methods1387 Words   |  6 PagesThe Scientific Method The scientific method has been used for centuries to create a structured and concrete way to study a question. When looking at it from a psychology stand point, the scientific method allows psychologists to formulate a way to study and make sense of human nature and support their â€Å"haunches and plausible sounding theories†(Myers, 2010). Within the scientific method a theory is formed by everyday observations. It predicts behaviors or possible outcomes. Next a hypothesis mustRead MoreScientific Method And Scientific Methods3048 Words   |  13 Pagesknowledge, or interpret and correct past knowledge, is referred to as scientific method. In order to be termed as scientific, a method involved in enquiry is usually based on measurable or empirical evidence (Karl, 2004). This is subject to precise reasoning principles. Scientific method can also be viewed as a procedure or method that has represented the natural science, going back as far as the seventeenth century. The method comprises of observation that is systematic, testing, measurement, formulationRead MoreScientific Method1034 Words   |  5 PagesThe Scientific Method Utilizing The Scientific Method SCI110, Introduction to Science May 1, 2015 The Scientific method is a process that scientists use to solve a problem. It generally involves four distinct steps that constitute the â€Å"Scientific Method†. This paper describes the steps of the scientific method, and its application in a real-world scenario we experienced. Step 1: Formulating a Problem Formulating a problem can range from simple to difficult solutionsRead MoreScientific Method2313 Words   |  10 PagesScientific Method Scientific Method is considered a series of systematic steps and tools that leads to scientific knowledge. These steps allow us to carry out an investigation. Arises as a result of the experience that man has accumulated throughout its history such as the transformation that has been going on in the field of some experimental sciences. It is based on a series of steps and procedures organized for the entire cycle of an investigation. (Makafoosh, 1979) Exploratory research: isRead MoreDarwin And The Scientific Method808 Words   |  4 PagesSummary Darwin and the Scientific Method There has been an apparent disagreement between how Darwin conducted his experimentation and how he publicized his findings to the public. Ayala describes that Darwin follows and inductive approach derived from British philosophers such as John Stuart Mill and Francis Bacon; they believed in making observations without criticizing as to their significance and to gather several of them in order to reach a final conclusion. 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First, the scientist must observe the phenomenon of interest. Next, the scientist must propose a hypothesis, or idea in which the experiments will be based around. Then, through repeatedRead MoreThe Steps Of Scientific Method843 Words   |  4 Pages The scientific method is when you have a specific problem and you go through steps to try and solve your problem. The steps of scientific method are develop a theory, check and analyze your theory, explain your hypothesis, and prove your hypothesis. Whether that hypothesis could be wrong, you can still change it. That is the best thing about theories, hypothesis, and the scientific method. An example of the scientific method is my automobile does not crank. I would check for gas because if thereRead MoreThe Method of Scientific Investigation779 Words   |  4 Pages The Method of Scientific Investigation Scientific investigation in my own words is when someone breaks down a problem to find a solution scientifically, but there can be more to it than just investigation a problem scientifically. Thomas Huxley explains scientific investigation in more depth in his â€Å"The Method of Scientific Investigation† essay, what is he trying to say in this passage? It could be many things, it could be nothing or it could be something, we’re basically trying to find out

Monday, December 9, 2019

Project Portfolio By Measuring Management -Myassignmenthelp.Com

Question: Discuss About The Project Portfolio By Measuring Management? Answer: Introducation Portfolio management is science and art strategy for marketing decisions regarding the investment policy and strategies with regard to the investment objectives, balancing the risk in exchange of return and appropriate asset allocation for institutions and individuals; Various strategies are there that can be regarded as relevant if they are properly managed by the investors for increasing their return from portfolio over the time[1]. Apart from that, widely used strategies for active portfolio are the value screening strategy and the market timing strategy. These strategies can help the investors to improve their return[2]. Further, the investors may use the analysis of the financial statement to assess the performance of the stock and build the portfolio with preferable stock. However, using both the strategies mentioned above will assist the investor to improve their return from the active portfolio[3]. However, for passive portfolio both the strategies are not used. Strategies ar e elaborated below Screening strategy 10 stocks have been tracked and developed for screening strategies on the basis of their investment approaches. The screening strategy used by the companies where the relevant valuations are used by the investors for utilizing the information appropriately derived from the stock to improve the return. The screening strategy takes into consideration various factors like dividend income, P/E ratio, return on assets and return on equity, associated risks for evaluating the stock. The strategy also helps to recognize the investment opportunities, standard deviation that is risks of the stock to find out the ways for improve the return. This strategy is popular with the investors as it can assist in creating the appropriate portfolio that will give maximum return with minimum risk. Marketing timing strategy Market timing is the strategy used by investors under which he tries to recognize best times to enter the market and get out of the market depending on the market analysis and forecasts; the market timing is generally used by the financial analysts, brokers and the managers for portfolio for reaping the highest return for their clients[4]. Proper timing requires investors to assess when to enter 100% in the market and when to out 100% from 1 out of 3 classes of assets that are the money markets, bonds and stocks. Further, with the help of marketing strategies the investors can decide regarding the movement of assets from the weights of portfolio. Further, on the basis of expected movement of market and the probability of the return against risk, return can be assessed for each class of assets [5]. Therefore, both the strategies can be directly used for improving the return under active portfolio and constructing an appropriate portfolio. The market timing helps to identify the relevant opportunities associated with investment for increasing the return[6]. On the other hand, the screening strategies are used to recognize overall opportunities exist in the capital market. However, there is no particular strategy that can be used to construct the most appropriate portfolio. Therefore, using both strategies will assist the investors to construct an appropriate portfolio that will assist in getting maximum return with minimum risk[7]. Evaluation and comparison of result with regard to the passive and active portfolio returns Active portfolio Portfolio Return 0.444 -0.227 -0.687 -0.332 -0.445 -0.283 -0.474 Transaction Fees -0.02 -0.02 Net Return 0.424 -0.227 -0.687 -0.332 -0.445 -0.283 -0.494 Portfolio Value 50.00 50.424 50.197 49.510 49.178 48.733 48.450 47.956 Passive portfolio 2011 2012 2013 2014 2015 2016 2017 Investment Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return SRI INDEX 25.00 -0.011% -0.003 -2.292% -0.573 -1.434% -0.358 -1.522% -0.381 -0.054% -0.014 -1.118% -0.280 -1.498% -0.374 10 yr. BOND 25.00 -5.144% -1.29 -3.595% -0.90 -3.467% -0.87 -3.848% -0.96 -2.742% -0.69 -2.375% -0.59 -2.659% -0.66 Portfolio Return -1.29 -1.47 -1.23 -1.34 -0.70 -0.87 -1.04 Annual Fees -0.125 -0.125 -0.125 -0.125 -0.125 -0.125 -0.125 Net Portfolio Return -1.41 -1.60 -1.35 -1.47 -0.82 -1.00 -1.16 Portfolio Value 50.00 48.59 46.99 45.64 44.17 43.35 42.35 41.18 From the above analysis it is conclude that the above table reveals that with active portfolio the the value of the portfolio has been reduced from 50 to 47.96. On the contrary, the value of passive portfolio investment has been reduced from 50 to 41.18. Therefore, the reduction in value from passive portfolio is more by 6.78[8]. Analysis based on the theory Under the active portfolio, the investor has the option of covering up the reduction as all the 20 stocks have been selected from SRI stocks[9]. However, under passive portfolio there are no back up stocks for covering up the reduction as 10 stocks have been selected from SRI stocks and 10 stocks have been selected from non-SRI sticks[10]. Thus it is recognized that the relevant theory is required for constructing the efficient portfolio based on the market hypothesis. The SRI index and risk free rate have lower return as per the above calculation. The reason behind this is that the reduction in the screening from the analysis of 10 year bonds and that reduced the portfolios overall portfolio. Further, the losses from the risk free rate and SRI index is higher that reduced the overall value of the portfolio. Therefore, it is assumed that the strategies support the active portfolio that neglects the entire passive portfolio. Reference Aouni, Belaid, Cinzia Colapinto, and Davide La Torre. "Financial portfolio management through the goal programming model: Current state-of-the-art."European Journal of Operational Research234.2 (2014): 536-545. Beringer, Claus, Daniel Jonas, and Alexander Kock. "Behavior of internal stakeholders in project portfolio management and its impact on success."International Journal of Project Management31.6 (2013): 830-846. Chandra, Prasanna.Investment analysis and portfolio management. McGraw-Hill Education, 2017. Jonas, Daniel, Alexander Kock, and Hans Georg Gemnden. "Predicting project portfolio success by measuring management qualitya longitudinal study."IEEE Transactions on Engineering Management60.2 (2013): 215-226. Martinsuo, Miia. "Project portfolio management in practice and in context."International Journal of Project Management31.6 (2013): 794-803. Michalski, Grzegorz. "Portfolio management approach in trade credit decision making."arXiv preprint arXiv:1301.3823(2013). 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